Schedule R 1040 Credit for the Elderly or the Disabled

Caution: DRAFT FORM
This is an advance proof copy of an IRS tax form.
It is subject to change and OMB approval before it
is officially released. You can check the scheduled
release date on our web site (www.irs.gov).
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I.R.S. SPECIFICATIONS

TO BE REMOVED BEFORE PRINTING

INSTRUCTIONS TO PRINTERS
FORM 8586, PAGE 1 of 2
MARGINS: TOP 13 mm (1⁄ 2 "), CENTER SIDES.
PAPER: WHITE WRITING, SUB. 20.
FLAT SIZE: 216 mm (81⁄ 2 ") 3 279 mm (11")
PERFORATE: (NONE)

PRINTS: HEAD to HEAD
INK: BLACK

DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form

8586

Date

Revised proofs
requested

©

Name(s) shown on return

OMB No. 1545-0984

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Department of the Treasury
Internal Revenue Service (99)

See instructions on back.
Attach to your tax return.

Attachment
Sequence No.

36a

Identifying number

©
Number of Forms 8609-A attached
Has there been a decrease in the qualified basis of any buildings since the close of the preceding
tax year?
Yes
No If “Yes,” enter the building identification numbers (BINs) of the
buildings that had a decreased basis. If you need more space, attach a schedule.

(i)

(ii)

(iii)

(iv)

3

Current year credit from attached Form(s) 8609-A (see instructions)

3

4

Low-income housing credit from partnerships, S corporations, estates, and trusts

4

5

Add lines 3 and 4. Estates and trusts, go to line 6; partnerships and S corporations, report this
amount on Schedule K; all others, report this amount on the applicable line of Form 3800 (e.g.,
line 1e of the 2006 Form 3800)

5

6
7

Signature

O.K. to print

Low-Income Housing Credit

(Rev. December 2006)

1
2

Action

Amount allocated to beneficiaries of the estate or trust (see instructions)
Estates and trusts. Subtract line 6 from line 5. Report this amount on the applicable line of
Form 3800 (e.g., line 1e of the 2006 Form 3800)

For Paperwork Reduction Act Notice, see back of form.

Cat. No. 63987I

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Form

8586

(Rev. 12-2006)