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Form 8859 Department of the Treasury Internal Revenue Service Carry forward of the District of Columbia First-Time Homebuyer Credit ? Information OMB No. 1545-0074 2014 about Form 8859 and its instructions

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What is form 8859 carryforward of?

Form 8859 carryforward is used to report and carry forward unused general business credits to future tax years.

Who is required to file form 8859 carryforward of?

Taxpayers who have unused general business credits that they want to carry forward to future tax years are required to file form 8859 carryforward.

How to fill out form 8859 carryforward of?

Form 8859 carryforward can be filled out by following the instructions provided by the Internal Revenue Service (IRS) on the form's official instruction guide. It is recommended to consult a tax professional or refer to the IRS guidelines for accurate completion.

What is the purpose of form 8859 carryforward of?

The purpose of form 8859 carryforward is to allow taxpayers to carry forward unused general business credits from one tax year to future tax years, potentially reducing their tax liability in those future years.

What information must be reported on form 8859 carryforward of?

Form 8859 carryforward requires taxpayers to provide their identifying information, details about the unused general business credits being carried forward, and other relevant tax information as outlined in the form's instructions.

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