Credits and Other Specific Purpose Forms

These forms are used to claim various tax credits or to report specific financial activities that don’t fall neatly into other standard categories. These forms help taxpayers take advantage of certain tax benefits, such as credits for specific energy investments, educational expenses, or business incentives.

Form 8936
IRS Form 8936, also known as the “Clean Vehicle Credits” form, allows taxpayers to claim a credit for purchasing clean…
Schedule R (Form 1040)
Schedule R (Form 1040) is a tax form used to calculate and claim the Credit for the Elderly or Disabled,…
Form 8880
The IRS Form 8880 is used to calculate and claim the Saver’s Credit, which rewards eligible taxpayers for contributing to…
Form 8912
IRS Form 8912 is used to claim a credit for certain tax credit bonds. These bonds include qualified tax credit…
Form 8862
Form 8862, titled “Information to Claim Certain Credits After Disallowance,” is a crucial document for taxpayers who wish to reclaim…
Form 7205
IRS Form 7205, “Energy Efficient Commercial Buildings Deduction,” is used by commercial building owners or designers to claim the Section…
Form 6765
Form 6765, commonly referred to as the “Credit for Increasing Research Activities” or the Research & Development (R&D) Tax Credit,…
Form 8812
The Additional Child Tax Credit (ACTC) is designed to provide a financial boost to families who qualify for the Child…
Form 8611
Form 8611, Recapture of Low-Income Housing Credit, is a crucial document for taxpayers who have previously claimed the low-income housing…
Form 5405
Form 5405, the Repayment of the First-Time Homebuyer Credit, is a crucial document for those who received the First-Time Homebuyer…