Form 8827 (2019)
Page 2
Worksheet for Calculating the Refundable Minimum Tax Credit Amount. See instructions. Keep for your records.
1 Minimum tax credit carryforward from 2018. Enter the amount from line 9 of the 2018 Form 8827 . .
1
2 Enter the corporation’s 2019 regular tax minus allowable credits (see instructions for Form 8827,
line 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3
Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . .
3
4 Refundable minimum tax credit. Multiply line 3 by 50% (0.50). Enter this amount on Form 8827, line 3
4
Line 5
If the corporation had a post-1986
ownership change (as defined in
section 382(g)), there may be a limit on
the amount of pre-change minimum
tax credits that can be applied against
the corporation’s tax for any tax year
ending after the ownership change.
See section 383 and the related
regulations. To figure the amount of
the pre-change credit, the corporation
must allocate the credit for the change
year between the pre-change period
and the post-change period. The
corporation must use the same
method of allocation (ratable allocation
or closing-of-the-books) for purposes
of sections 382 and 383. See
Regulations section 1.382-6 for
details.
Also, there may be a limit on the use
of pre-acquisition excess credits of
one corporation to offset the tax
attributable to recognized built-in
gains of another corporation. See
section 384 for details.
If either limit applies, attach a
computation of the allowable minimum
tax credit, enter the amount on lines
5a and 5b, and write “Sec. 383” or
“Sec. 384” on the dotted line to the left
of the line 5a and 5b entry spaces.
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