Get the free Form 8859

Use Form 8859 to claim the District of Columbia first-time homebuyer credit. You may claim the credit if you purchased a main home in the District during the tax year and did not own another main

How to fill out form 8859

How to fill out Form 8859

1. Download Form 8859 from the official IRS website.
2. Provide your name, address, and Social Security Number (or employer identification number) in the designated fields.
3. Fill in the appropriate year or period for which you are reporting.
4. Complete all required sections according to the instructions provided, ensuring all relevant information is accurate.
5. If applicable, attach any additional supporting documents as indicated in the form's guidelines.
6. Review the completed form for any errors or omissions.
7. Sign and date the form at the bottom.
8. Submit the form to the appropriate IRS address as outlined in the instructions.

Who needs Form 8859?

1. Individuals or businesses who need to report specific tax information to the IRS may need Form 8859.
2. Taxpayers who have received or are claiming tax credits that require reporting on this form.
3. Entities that are required to report certain transactions for tax compliance purposes.

People Also Ask about

How do I change my direct deposit with the IRS?

If you want to change your bank account or routing number for a tax refund, call the IRS at 800-829-1040.

What form do I need to change direct deposit for IRS?

You can use your tax software to do it electronically. Or, use IRS' Form 8888, Allocation of Refund, if you file a paper return. Just follow the instructions on the form. If you want the IRS to deposit your refund into just one account, use the direct deposit line on your tax form.

Where to mail an 8840 form?

If you do not have to file a 2024 tax return, mail Form 8840 to the Department of the Treasury, Internal Revenue Service Center, Austin, TX 73301-0215 by the due date (including extensions) for filing Form 1040-NR.

What happens if IRS sends money to a closed account?

If you were set up for a direct deposit of your refund and your bank account closed before the funds were direct deposited, your bank will return the funds to the IRS. The IRS will then issue you a paper check, resulting in a tax refund delay of up to 10 weeks. Was this topic helpful?

What form do I need to change my bank account with the IRS?

You can use your tax software to do it electronically. Or, use IRS' Form 8888, Allocation of Refund, if you file a paper return. Just follow the instructions on the form. If you want the IRS to deposit your refund into just one account, use the direct deposit line on your tax form.

What is form 8859 used for?

Use Form 8859 to claim a carryforward of the District of Columbia first-time homebuyer credit.

For pdfFiller’s FAQs

What is Form 8859?

Form 8859 is a tax form used by taxpayers to report certain information regarding their tax obligations and calculations on international income and investments.

Who is required to file Form 8859?

Taxpayers who have specific types of international income, investments, or transactions that fall under U.S. tax law requirements are required to file Form 8859.

How to fill out Form 8859?

To fill out Form 8859, taxpayers must provide detailed information about their international income, including relevant identification numbers, amounts, and any applicable deductions or credits.

What is the purpose of Form 8859?

The purpose of Form 8859 is to ensure compliance with U.S. tax laws regarding international income and to provide the IRS with necessary information for tax evaluation and processing.

What information must be reported on Form 8859?

Form 8859 requires reporting information such as the total amount of international income, details of foreign investments, identification numbers, applicable deductions, and other related financial data.