Form 8801 - Credit For Prior Year Minimum Tax - Individuals, Estates, And Trusts

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8801
Credit for Prior Year Minimum Tax—
OMB No. 1545-1073
2014
Individuals, Estates, and Trusts
Form
Information about Form 8801 and its separate instructions is at
Department of the Treasury
Attachment
74
Attach to Form 1040, 1040NR, or 1041.
Sequence No.
Internal Revenue Service (99)
Name(s) shown on return
Identifying number
Part I
Net Minimum Tax on Exclusion Items
1
1
Combine lines 1, 6, and 10 of your 2013 Form 6251. Estates and trusts, see instructions .
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2
Enter adjustments and preferences treated as exclusion items (see instructions)
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2
3 (
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3
Minimum tax credit net operating loss deduction (see instructions) .
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4
Combine lines 1, 2, and 3. If zero or less, enter -0- here and on line 15 and go to Part II. If more
than $238,550 and you were married filing separately for 2013, see instructions
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4
5
Enter: $80,800 if married filing jointly or qualifying widow(er) for 2013; $51,900 if single or head of
household for 2013; or $40,400 if married filing separately for 2013. Estates and trusts, enter $23,100
5
6
Enter: $153,900 if married filing jointly or qualifying widow(er) for 2013; $115,400 if single or head
of household for 2013; or $76,950 if married filing separately for 2013. Estates and trusts, enter
$76,950
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6
7
7
Subtract line 6 from line 4. If zero or less, enter -0- here and on line 8 and go to line 9
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8
Multiply line 7 by 25% (.25) .
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8
9
9
Subtract line 8 from line 5. If zero or less, enter -0-. If under age 24 at the end of 2013, see instructions
10
Subtract line 9 from line 4. If zero or less, enter -0- here and on line 15 and go to Part II. Form
1040NR filers, see instructions .
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10
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• If for 2013 you filed Form 2555 or 2555-EZ, see instructions for the amount to enter.
• If for 2013 you reported capital gain distributions directly on Form 1040, line 13; you
reported qualified dividends on Form 1040, line 9b (Form 1041, line 2b(2)); or you had a
gain on both lines 15 and 16 of Schedule D (Form 1040) (lines 18a and 19, column (2), of
Schedule D (Form 1041)), complete Part III of Form 8801 and enter the amount from line
55 here. Form 1040NR filers, see instructions.
11
• All others: If line 10 is $179,500 or less ($89,750 or less if married filing separately for
2013), multiply line 10 by 26% (.26). Otherwise, multiply line 10 by 28% (.28) and subtract
$3,590 ($1,795 if married filing separately for 2013) from the result. Form 1040NR filers,
see instructions.
12
12
Minimum tax foreign tax credit on exclusion items (see instructions)
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13
Tentative minimum tax on exclusion items. Subtract line 12 from line 11 .
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13
14
14
Enter the amount from your 2013 Form 6251, line 34, or 2013 Form 1041, Schedule I, line 55 .
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15
Net minimum tax on exclusion items. Subtract line 14 from line 13. If zero or less, enter -0- .
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15
8801
For Paperwork Reduction Act Notice, see instructions.
Form
(2014)
Cat. No. 10002S

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