Form IA 8801 is used to calculate the Minimum Tax Credit that can be claimed in tax year 2014, if any, as a result of minimum tax paid in prior years. It is also used to compute the Minimum Tax Credit that can be carried forward to tax year 2015.
Form IA 8801 should be completed by individuals, trust, and estates with minimum tax liability in tax year 2013 or Minimum Tax Credit carryforward from tax year 2013.
To complete this form, you will need form IA 6251 for tax year 2013, form IA 6251 for tax year 2014, and IA 1040 or IA 1041 for tax year 2014. Enter the claim information for the Minimum Tax Credit in Part I of the IA 148 Tax Credits Schedule, using tax credit code 09. Include this form with the IA 1040 or the IA 1041.