Form 8859 District of Columbia First-Time Homebuyer Credit

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Form

8859

Department of the Treasury
Internal Revenue Service

Carryforward of the District of Columbia
First-Time Homebuyer Credit
▶ Go

OMB No. 1545-0074

2019

to www.irs.gov/Form8859 for the latest information.
▶ Attach to Form 1040, 1040-SR, or 1040-NR.

Attachment
Sequence No. 106
Your social security number

Name(s) shown on return

DRAFT AS OF
August 23, 2019
DO
NOT
FILE
▲

Before you begin: Figure the amounts of any of the following credits you are claiming: adoption credit, mortgage interest credit,
alternative motor vehicle credit, qualified plug-in electric drive motor vehicle credit, and credit for the elderly or
the disabled.
1

1
2

Credit carryforward from 2018. Enter the amount from line 4 of your 2018 Form 8859 . . . . . .
Limitation based on tax liability. Enter the amount from the Tax Liability Limit Worksheet in the
instructions below . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3

Current year credit. Enter the smaller of line 1 or line 2. Also include this amount on Schedule 3
(Form 1040 or 1040-SR), line 6; or Form 1040-NR, line 51. Check box c on that line and enter “8859”
in the space next to that box . . . . . . . . . . . . . . . . . . . . . . . .

3

Credit carryforward to 2020. Subtract line 3 from line 1 .

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2

General Instructions

Tax Liability Limit Worksheet—Line 2

Purpose of Form

1. Enter the amount from Form 1040 or
1040-SR, line 12b; or Form 1040-NR,
line 45 . . . . . . . . . . 1.

Use Form 8859 to claim a carryforward of the District of
Columbia first-time homebuyer credit from 2018.

!

CAUTION

You may claim only a carryforward of any unused
credit (which is shown on your prior year Form
8859, line 4).

The original credit amount was the smaller of:
• $5,000 ($2,500 if married filing separately), or
• The purchase price of the home.
The credit was phased out when your modified adjusted
gross income (AGI) was greater than $70,000 ($110,000 if
married filing jointly). No credit was allowed if your modified
AGI was greater than or equal to $90,000 ($130,000 if
married filing jointly).

Specific Instructions
Line 2
Complete the following worksheet to determine the amount
to enter on line 2 of Form 8859.

2. Form 1040 or 1040-SR filers: Enter
the total of any amounts from
Schedule 3 (Form 1040 or 1040-SR),
lines 1 through 4; line 14 of the Line
14 Worksheet in Pub. 972*; Form
5695, line 30**; Form 8396, line 9;
Form 8839, line 16; Form 8910, line
15**; Form 8936, line 23; and
Schedule R (Form 1040 or 1040-SR),
line 22.

Form 1040-NR filers: Enter the total
of the amounts from Form 1040-NR,
lines 46 through 48; line 14 of the
Line 14 Worksheet in Pub. 972*; Form
5695, line 30**; Form 8396, line 9;
Form 8839, line 16; Form 8910, line
15**; and Form 8936, line 23 . . . 2.
3. Subtract line 2 from line 1. Enter this
amount on Form 8859, line 2. If zero
or less, enter -0- here and on Form
8859, lines 2 and 3 . . . . . .

3.

* If you are filing Form 2555, enter instead the amount, if
any, from line 16 of the Child Tax Credit and Credit for
Other Dependents Worksheet in Pub. 972. If you are not
claiming the child tax credit, you do not need Pub. 972.
** If applicable.

Line 4
You can carry forward any unused credit shown on line 4
until you have used all of it. You cannot carry the unused
credit back to prior years.
For Paperwork Reduction Act Notice, see your tax return instructions.

Cat. No. 24779G

Form 8859 (2019)