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Oct 26, 2017 ... instructions for line 20). File Form 8801 only if line 21 is more than zero. Specific Instructions. The AMT is a separate tax that is imposed in ...
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What is about form 8801?
Form 8801 is used by individuals to claim the credit for prior year minimum tax.
Who is required to file about form 8801?
Individuals who paid the alternative minimum tax in a previous tax year and are eligible to claim a credit for that tax may need to file Form 8801.
How to fill out about form 8801?
To fill out Form 8801, taxpayers must provide their personal information, calculate the credit based on AMT paid in previous years, and follow the instructions provided by the IRS.
What is the purpose of about form 8801?
The purpose of Form 8801 is to allow individuals who paid alternative minimum tax in a prior year to claim a credit for that tax paid.
What information must be reported on about form 8801?
Information such as taxpayer's name, SSN, the amount of AMT paid in a previous year, the amount of credit being claimed, and any other relevant information must be reported on Form 8801.
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