Description
8812 credit limit worksheet a This is a PDF form for calculating your credit limit for certain tax credits. It shows how to enter the amounts from your tax return and other schedules, and how to complete Credit Limit Worksheet B if applicable..
credit 8812 Subtract Line 2 from Line 1: On the form you're filing (e.g., Form 8863), compare your calculated credit with the amount from Line 3 above. Enter the smaller amount on the line that requests the "nonrefundable credit allowed" or equivalent.
8812 credit limit worksheet a Instructions for Use Use the result from Line 3 to determine the limit on the specific nonrefundable credit you're applying (e.g., adoption credit, education credit, child tax credit, saver’s credit). On the relevant credit form (such as Form 8863, Schedule 8812, etc.), enter the smaller of: The calculated credit, or The amount from Line 3 above