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Partner’s Additional Reporting Year Tax OMB No. 1545-0123
Form 8978
(December 2019)
Department of the Treasury © Go to www.irs.gov/Form8978 for instructions and the latest information. Attachment
Internal Revenue Service Sequence No. 57
Name of partner(s) Partner tax ID number
Part I Computation of Additional Reporting Year Tax (see instructions)
(a) (b) (c) (d)
Tax Year Ended Tax Year Ended Tax Year Ended Tax Year Ended
/ /20 / /20 / /20 / /20
1a Total income per original return or as previously
adjusted . . . . . . . . . . . . . 1a
b Adjustments to income from Schedule A (Form
8978), line 2, columns (a) through (d) . . . . 1b
2 Combine lines 1a and 1b and enter the corrected
income. See instructions . . . . . . . . 2
3a Total deductions per original return or as
previously adjusted . . . . . . . . . 3a
b Adjustments to deductions from Schedule A
(Form 8978), line 4, columns (a) through (d) . . 3b
4 Combine lines 3a and 3b and enter the corrected
deductions. See instructions . . . . . . 4
5 Corrected taxable income. Subtract line 4 from
line 2 . . . . . . . . . . . . . . 5
6 Income tax on line 5 (see instructions) . . . 6
7 Alternative minimum tax on line 5 (see instructions) 7
8 Total corrected income tax. Add lines 6 and 7 . 8
9a Total credits per original return or as previously
adjusted . . . . . . . . . . . . . 9a
b Adjustments to credits from Schedule A (Form
8978), line 6, columns (a) through (d) . . . . 9b
10 Combine lines 9a and 9b and enter the corrected
credits. See instructions . . . . . . . . 10
11 Total corrected income tax liability. Subtract line
10 from line 8 . . . . . . . . . . . 11
12 Total income tax shown on original return or as
previously adjusted . . . . . . . . . 12
13 Increase/Decrease to tax. Subtract line 12 from
line 11, columns (a) through (d) . . . . . . 13
14 Total increase/decrease to reporting year tax. Add line 13, columns (a) through (d). Enter here and on
the appropriate line on your tax return . . . . . . . . . . . . . . . . . . . . . 14
Part II Penalties (see instructions)
15 Penalties . . . . . . . . . . . . . 15
16 Total penalties. Add line 15, columns (a) through (d) . . . . . . . . . . . . . . . . . 16
Part III Interest (see instructions)
17 Interest . . . . . . . . . . . . . 17
18 Total interest. Add line 17, columns (a) through (d) . . . . . . . . . . . . . . . . . 18
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 37802K Form 8978 (12-2019)
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