Get Irs 8827 2013-2025

Filling out the IRS Form 8827 can be a straightforward process with the right guidance. This form is used by corporations to calculate the credit for prior year minimum tax, ensuring you maximize your tax benefits.

Follow the steps to complete IRS Form 8827 online.

1. Click ‘Get Form’ button to obtain the form and open it in your editor.
2. Enter the employer identification number and name of the corporation in the designated fields.
3. Complete line 1 by entering the amount of alternative minimum tax (AMT) from the 2012 Form 4626.
4. In line 2, input the minimum tax credit carryforward from the 2012 Form 8827.
5. For line 3, enter any unallowed qualified electric vehicle credit from 2012.
6. Add the amounts from lines 1, 2, and 3 for line 4.
7. Complete line 5 with the corporation’s 2013 regular income tax liability, subtracting any allowable tax credits.
8. For line 6, indicate if the corporation qualifies as a 'small corporation' exempt from the AMT for 2013; enter the appropriate amount based on your answer.
9. Subtract line 6 from line 5 for line 7a. If zero or less, enter -0-.
10. For line 7b, enter the bonus depreciation amount if applicable.
11. Add lines 7a and 7b for line 7c.
12. Proceed to line 8a and enter the smaller of line 4 or line 7c.
13. For line 8b, enter the smaller of line 4 or line 7a and ensure to follow any specific instructions related to ownership changes.
14. Complete line 8c by subtracting line 8b from line 8a, if applicable.
15. Record the minimum tax credit carryforward for future years in line 9.
16. Once all fields are completed, you can save changes, download, print, or share the form as needed.

Start completing your IRS Form 8827 online now for efficient tax management.