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Credit for Prior Year Minimum Tax—Corporations
Form 8827 OMB No. 1545-0123
(Rev. December 2022) Attach to the corporation’s tax return.
Department of the Treasury Go to www.irs.gov/Form8827 for the latest information.
Internal Revenue Service
Name Employer identification number
1 Minimum tax credit carryforward from the prior tax year. Enter the amount from line 4 of the prior tax
year Form 8827 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Enter the corporation’s current year regular income tax liability minus allowable tax credits (see
instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Current year minimum tax credit. Enter the smaller of line 1 or line 2 here and on Form 1120,
Schedule J, Part I, line 5d (or the applicable line of your return) . . . . . . . . . . . . . 3
4 Minimum tax credit carryforward. Subtract line 3 from line 1. Keep a record of this amount to carry
forward and use in future years . . . . . . . . . . . . . . . . . . . . . . . 4
Instructions Line 2 as their contents may become material
Section references are to the Internal Enter the corporation’s current tax in the administration of any Internal
Revenue Code unless otherwise year regular income tax liability, as Revenue law. Generally, tax returns
noted. defined in section 26(b) (including any and return information are confidential,
positive section 6226 adjustment from as required by section 6103.
Reminder Form 8978), minus any credits allowed The time needed to complete and
under Chapter 1, Subchapter A, Part file this form will vary depending on
Current year minimum tax credit. IV, subparts B, D, E, and F of the individual circumstances. The
The refundable portion of the minimum Internal Revenue Code (for example, if estimated burden for business
tax credit does not apply for tax years filing Form 1120, subtract any credits taxpayers filing this form is approved
beginning after 2019. See section on Schedule J, Part I, lines 5a through under OMB control number 1545-0123
53(e). However, a corporation can 5c, from the amount on Schedule J, and is included in the estimates shown
have an unused portion of the regular Part I, line 2). in the instructions for their business
minimum tax credit (because of income tax return.
limitations) that can be carried forward
and allowable in later years. Paperwork Reduction Act Notice. If you have comments concerning
We ask for the information on this form the accuracy of these time estimates,
Purpose of Form to carry out the Internal Revenue laws or suggestions for making this form
of the United States. You are required simpler, we would be happy to hear
Corporations use Form 8827 to figure from you. See the instructions for the
to give us the information. We need it
the minimum tax credit, if any, for AMT tax return with which this form is filed.
to ensure that you are complying with
incurred in prior tax years, and to
these laws and to allow us to figure
figure any minimum tax credit
and collect the right amount of tax.
carryforward.
You are not required to provide the
Who Should File information requested on a form that is
subject to the Paperwork Reduction
Form 8827 should be filed by Act unless the form displays a valid
applicable corporations that have a OMB control number. Books or
minimum tax credit carryover from the records relating to a form or its
prior tax year to the current tax year. instructions must be retained as long
For Paperwork Reduction Act Notice, see instructions. Cat. No. 13008K Form 8827 (Rev. 12-2022)
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