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Line 35

ensure that you are complying with these laws and to allow us to

figure and collect the right amount of tax.

If for 2011 you filed Form 1040NR and Form 8801, line 34, is

$175,000 or less ($87,500 or less if you checked filing status

You are not required to provide the information requested on

box 3, 4, or 5 on Form 1040NR for 2011), multiply line 34 by

a form that is subject to the Paperwork Reduction Act unless the

26% (.26). Otherwise, multiply line 34 by 28% (.28) and subtract

form displays a valid OMB control number. Books or records

$3,500 ($1,750 if you checked filing status box 3, 4, or 5 on

relating to a form or its instructions must be retained as long as

Form 1040NR for 2011) from the result.

their contents may become material in the administration of any

Internal Revenue law. Generally, tax returns and return

Line 36

information are confidential, as required by section 6103.

If for 2011 you filed Form 1040NR, enter $34,500 ($69,000 if

The time needed to complete and file this form will vary

you checked filing status box 6 on Form 1040NR for 2011).

depending on individual circumstances. The estimated burden

for individual taxpayers filing this form is approved under OMB

Line 37

control number 1545-0074 and is included in the estimates

If for 2011 you filed Form 1040NR, enter on Form 8801, line 37,

shown in the instructions for their individual income tax return.

the amount from line 5 of your 2011 Qualified Dividends and

The estimated burden for all other taxpayers who file this form is

Capital Gain Tax Worksheet in the Instructions for Form

shown below.

1040NR, line 42, or the amount from line 14 of your 2011

Schedule D Tax Worksheet in the 2011 Instructions for

Recordkeeping

2 hrs., 4 min.

. . . . . . . . . . . . . . . .

Schedule D (Form 1040), whichever applies. If you did not

Learning about the law or the

2 hrs., 19 min.

complete either worksheet, enter -0-.

form

. . . . . . . . . . . . . . . . . . . . . .

Line 46

Preparing the form

2 hrs., 3 min.

. . . . . . . . . . . . .

If for 2011 you filed Form 1040NR and Form 8801, line 29, is

Copying, assembling, and sending the

$175,000 or less ($87,500 or less if you checked filing status

form to the IRS

48 min.

. . . . . . . . . . . . . .

box 3, 4, or 5 on Form 1040NR for 2011), multiply line 29 by

26% (.26). Otherwise, multiply line 29 by 28% (.28) and subtract

If you have comments concerning the accuracy of these time

$3,500 ($1,750 if you checked filing status box 3, 4, or 5 on

estimates or suggestions for making this form simpler, we would

Form 1040NR for 2011) from the result.

be happy to hear from you. See the instructions for the tax return

with which this form is filed.

Paperwork Reduction Act Notice. We ask for the information

on this form to carry out the Internal Revenue laws of the United

States. You are required to give us the information. We need it to

-5-

Instructions for Form 8801 (2012)

Instructions For Form 8801 - Credit For Prior Year Minimum Tax-Individuals, Estates-Trusts - 2012 Page 5

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