Form 8882 (Rev. 12-2017)
Page 2
No Double Benefit Allowed
You must reduce:
• The basis of any qualified childcare facility by the
amount of the credit on line 7 allocable to capital
expenditures related to the facility,
• Any otherwise allowable deductions used to figure the
credit by the amount of the credit on line 7 allocable to
those deductions, and
• Any expenditures used to figure any other credit by the
amount of the credit on line 7 allocable to those
expenditures (for purposes of figuring the other credit).
Note. For credits entered on line 5, only the pass-through
entity is required to make this reduction.
Recapture of Credit
You may have to recapture part or all of the credit if,
before the 10th tax year after the tax year in which your
qualified childcare facility is placed in service, the facility
ceases to operate as a qualified childcare facility or there
is a change in ownership of the facility. However, a
change in ownership will not require recapture if the
person acquiring the interest in the facility agrees, in
writing, to assume the recapture liability. See section 45F
(d) for details.
Any recapture tax is reported on the line of your tax
return where other recapture taxes are reported (or, if no
such line, on the “total tax” line). The recapture tax may
not be used in figuring the amount of any credit or in
figuring the alternative minimum tax.
Member of Controlled Group or Business
Under Common Control
For purposes of figuring the credit, all members of a
controlled group of corporations (as defined in section 52
(a)) and all members of a group of businesses under
common control (as defined in section 52(b)), are treated
as a single taxpayer. As a member, figure your credit for
lines 2 and 4 as follows:
• Figure your credit for line 2 based on your proportionate
share of qualified childcare facility expenditures giving
rise to the group’s credit for line 2. Enter your share of
the credit on line 2. Attach a statement showing how
your share of the credit was figured, and write “See
Attached” next to the entry space for line 2.
• Figure your credit for line 4 based on your proportionate
share of qualified resource and referral expenditures
giving rise to the group’s credit for line 4. Enter your share
of the credit on line 4. Attach a statement showing how
your share of the credit was figured, and write “See
Attached” next to the entry space for line 4.
Specific Instructions
Line 8
Estates and trusts. Allocate the credit for employer-
provided childcare facilities and services on line 7
between the estate or trust and the beneficiaries in the
same proportion as income was allocated, and enter the
beneficiaries’ share on line 8.
If the estate or trust is subject to the passive activity
rules, include on line 5 any credit for employer-provided
childcare facilities and services from passive activities
disallowed for prior years and carried forward to this year.
Complete Form 8582-CR, Passive Activity Credit
Limitations, to determine the allowed credit that must be
allocated between the estate or trust and the
beneficiaries. For details, see the Instructions for Form
8582-CR.
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 ensure that you are complying
with these laws and to allow us to figure and collect the
right amount of tax.
You are not required to provide the information
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instructions must be retained as long as their contents
may become material in the administration of any Internal
Revenue law. Generally, tax returns and return
information are confidential, as required by section 6103.
The time needed to complete and file this form will vary
depending on individual circumstances. The estimated
burden for individual and business taxpayers filing this
form is approved under OMB control number 1545-0074
and 1545-0123 and is included in the estimates shown in
the instructions for their individual and business income
tax return. The estimated burden for all other taxpayers
who file this form is shown below.
Recordkeeping .. . . . . . . . . . 2 hr., 37 min.
Learning about the law or the form . . . . 30 min.
Preparing and sending
the form to the IRS . . . . . . . . . . . .34 min.
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.