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Form 8923 (Rev. 2-2018) Page 2
General Instructions Specific Instructions
Section references are to the Internal Revenue Code unless Line 2
otherwise noted.
In general, you must reduce your allowable training program
Future Developments costs by the amount on line 2. This is required even if you
cannot take the full credit this year and must carry part of it
For the latest information about developments related to Form back or forward. If you capitalized any costs included on line 1,
8923 and its instructions, such as legislation enacted after they reduce the amount capitalized by the credit on line 2
were published, go to www.irs.gov/Form8923. attributable to these costs.
Purpose of Form Line 3
Taxpayers who employ individuals as miners in U.S. Enter the total mine rescue team training credit from:
underground mines use Form 8923 to claim the mine rescue • Schedule K-1 (Form 1065), Partner’s Share of Income,
team training credit. This credit applies to training program Deductions, Credits, etc., box 15 (code P); or
costs paid or incurred for qualified mine rescue team
employees. This credit expired for tax years beginning after • Schedule K-1 (1120S), Shareholder’s Share of Income,
2017. To find out if the mine rescue team training credit is Deductions, Credits, etc., box 13 (code P).
extended beyond 2017, go to www.irs.gov/Form8923. Partnerships and S corporations must always report the
above credit on line 3. All other filers can report the above
Definitions credits directly on Form 3800, Part III, line 1u, and do not need
Training program costs. Taxpayers who employ individuals as to file this form.
miners in U.S. underground mines can claim a credit of 20% of
the training program costs paid or incurred during the tax year Paperwork Reduction Act Notice.We askfor the information
for training of qualified mine rescue team employees. The on this form to carry out the InternalRevenue laws of the United
maximum amount of training program costs that may be taken States. You are required to giveus the information. We need it
into account annually for each qualified employee is $50,000. to ensure that you arecomplying with these laws and to allow
The training costs include wages paid or incurred while the us to figure andcollect the right amount of tax.
qualified employee is attending a training program. You are not required to provide the information requested on
Qualified employee. A qualified mine rescue team employee is a form that is subject to the Paperwork Reduction Act unless
any full-time employee of the taxpayer who is a miner eligible to the form displays a valid OMB control number. Books or
serve for more than 6 months of the year as a mine rescue team records relating to a form or its instructions must be retained as
member. The employee must have completed, at a minimum, an long as their contents may become material in the
initial 20-hour course of instruction, as prescribed by the Mine administration of any Internal Revenue law. Generally, tax
Safety and Health Administration's Office of Educational Policy returns and return information are confidential, as required by
and Development, or received at least 40 hours of refresher section 6103.
training in such instruction. See 30 CFR section 49.8 for The time needed to complete and file this form will vary
refresher training requirements. depending on individual circumstances. The estimated burden
Wages. Wages qualifying for the credit generally have the same for business taxpayers filing this form is approved under OMB
meaning as wages subject to the Federal Unemployment Tax control number 1545-0123 and is included in the estimates
Act (FUTA), but without regard to any dollar limit. shown in the instructions for their business income tax return.
If you have comments concerning the accuracy of these time
estimates or suggestions for making this form simpler, we would
be happy to hear from you. See the instructions for the tax
return with which this form is filed.
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