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Page 3 Form 8815 (2016) General Instructions Section references are to the Internal Revenue Code. Future Developments For the latest information about developments related to Form 8815 and its instructions,
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How to fill out 2016 form 8815 exclusion

01
Start by downloading the 2016 form 8815 exclusion form from the IRS website.
02
Read the instructions provided with the form carefully to understand the requirements and eligibility criteria.
03
Gather all the necessary information and documents required to complete the form, such as your personal information, income details, and any relevant supporting documents.
04
Fill out the form accurately, following the instructions provided for each section.
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Attach any required supporting documents as specified in the instructions. This may include proof of income, deductions, or any other relevant documentation.
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08
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Make copies of the completed form and supporting documents for your records.
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Wait for any notifications or communication from the IRS regarding your submitted form.

Who needs 2016 form 8815 exclusion?

01
Individuals who have received interest, dividends, or certain capital gain distributions.
02
Taxpayers who want to exclude income from U.S. savings bond interest if used for qualified education expenses.
03
People who meet the eligibility criteria and requirements provided by the IRS for claiming the exclusion.
04
Those who have taxable interest or ordinary dividends less than $1,500 can benefit from using Form 8815 to exclude that income from their tax return.
05
It is recommended to consult a tax professional or refer to the IRS guidelines to determine if you specifically need to fill out the 2016 form 8815 exclusion.
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Form 8815 is the Exclusion of Interest from Series EE and I U.S. Savings Bonds.
Taxpayers who have accrued interest from Series EE and I U.S. Savings Bonds and want to exclude that interest from their taxable income are required to file Form 8815.
To fill out Form 8815, taxpayers need to provide their personal information, details of the savings bonds, and calculate the amount of interest to be excluded.
The purpose of Form 8815 is to allow taxpayers to exclude the interest earned on Series EE and I U.S. Savings Bonds from their taxable income.
Taxpayers must report their personal information, details of the savings bonds, and the amount of interest to be excluded on Form 8815.
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