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Form 5884 Instructions 2009
liability using Form 5884C, Work Opportunity Credit. Qualified Tax-exempt See Rev. Pro.
200951, 200945 I.R.B. 625, available at irs.gov/. (attach federal Form 5884 and/or
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How to fill out form 5884 instructions 2009
How to fill out form 5884 instructions 2009
01
To fill out Form 5884 instructions 2009, follow these steps:
02
Start by entering your name, social security number, and the tax year at the top of the form.
03
Next, calculate your regular tax liability using the information from your tax return.
04
Fill in the appropriate boxes to claim any general business credits you are eligible for.
05
If you have any tentative minimum tax (AMT) adjustments, enter them in the designated section.
06
Compute your tentative minimum tax (AMT) using the provided worksheet.
07
Compare your regular tax liability and your tentative minimum tax (AMT), and enter the smaller amount on line 2.
08
Deduct any foreign tax credits from line 2 and enter the result on line 3.
09
If you have any carryback or carryforward credits, complete the applicable sections.
10
Determine your net minimum tax credit and enter it on line 5.
11
Finally, complete the worksheet to calculate your total general business credit.
12
Note: Consult the detailed instructions provided with the form for specific information related to filling out each section.
Who needs form 5884 instructions 2009?
01
Form 5884 instructions 2009 is needed by individuals or businesses who are claiming general business credits on their tax return.
02
These credits may include the work opportunity credit, alcohol fuel credit, and various other credits.
03
It is important to follow the instructions provided to accurately calculate and claim these credits.
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