Instructions for IRS Form 8862 Information to Claim Certain Credits After Disallowance

IRS Form 8862 Information to Claim Certain Credits After Disallowance

This document contains official instructions for IRS Form 8862 , Information to Claim Certain Credits After Disallowance - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8862 is available for download through this link.

FAQ

Q: What is IRS Form 8862?A: IRS Form 8862 is a form used to claim certain tax credits after they have been disallowed.

Q: Which tax credits can be claimed using Form 8862?A: Form 8862 is used to claim the Earned Income Credit (EIC), the Child Tax Credit (CTC), and the American Opportunity Credit (AOC) after they have been disallowed.

Q: Why would a tax credit be disallowed?A: A tax credit may be disallowed if the IRS determines that the taxpayer did not meet the eligibility requirements or failed to provide the necessary documentation.

Q: When should I use Form 8862?A: You should use Form 8862 if your tax credit claim was disallowed in a previous year and you now meet the requirements to claim the credit.

Q: Do I need to attach any documents with Form 8862?A: Yes, you need to attach supporting documents to substantiate your eligibility for the tax credit.

Q: What happens after I submit Form 8862?A: The IRS will review your form and supporting documents to determine if you are eligible to claim the tax credits.

Q: Can I e-file Form 8862?A: No, you cannot e-file Form 8862. It must be filed by mail.

Q: Is there a deadline for filing Form 8862?A: Yes, you must file Form 8862 within 3 years from the original due date of your tax return or within 2 years from the date you paid the tax, whichever is later.

Q: What should I do if my Form 8862 is rejected?A: If your form is rejected, you should review the reason for the rejection and make any necessary corrections or provide additional documentation as requested by the IRS.