2012-2025 Form

What is the Form 8862

The Form 8862, officially known as the "Information to Claim Certain Credits After Disallowance," is a tax form used by individuals in the United States who have previously had their claims for certain tax credits disallowed. This form is primarily associated with the Earned Income Tax Credit (EITC), Child Tax Credit, and Additional Child Tax Credit. When a taxpayer's claim for these credits has been denied in a prior year, they must complete and submit Form 8862 to the IRS in order to re-establish their eligibility for these credits in the current tax year.

How to use the Form 8862

To effectively use Form 8862, taxpayers should first ensure they meet the eligibility criteria for the credits they are claiming. The form requires detailed information about the taxpayer's situation, including the reasons for the previous disallowance and any changes in circumstances. After completing the form, it should be attached to the taxpayer's federal income tax return. It is important to accurately fill out all sections and provide any necessary documentation to support the claims made on the form.

Steps to complete the Form 8862

Completing Form 8862 involves several key steps:

1. Gather necessary documentation, including prior tax returns and any correspondence from the IRS regarding disallowed claims.
2. Provide personal information such as name, address, and Social Security number.
3. Indicate the tax year for which you are claiming the credits.
4. Explain the circumstances that led to the disallowance of your previous claims.
5. Sign and date the form, confirming the accuracy of the information provided.

Once completed, attach the form to your tax return and submit it to the IRS.

Eligibility Criteria

To qualify for the credits claimed on Form 8862, taxpayers must meet specific eligibility criteria. This includes having a valid Social Security number, being a U.S. citizen or resident alien, and meeting income thresholds set by the IRS. Additionally, the taxpayer must not have been disqualified from claiming the credits due to fraud or other disqualifying reasons. It is essential to review the IRS guidelines to ensure compliance with these criteria before submitting the form.

Filing Deadlines / Important Dates

The deadlines for filing Form 8862 align with the general tax filing deadlines set by the IRS. Typically, individual tax returns are due on April fifteenth of each year. If additional time is needed, taxpayers can file for an extension, but this does not extend the deadline for any taxes owed. It is crucial to submit Form 8862 along with the tax return by the deadline to ensure that claims for the credits are considered for the current tax year.

Form Submission Methods

Taxpayers have multiple options for submitting Form 8862. The form can be filed electronically as part of an e-filed tax return, which is often the fastest method for processing. Alternatively, taxpayers can choose to mail a paper return, including Form 8862, to the appropriate IRS address based on their location. For those opting to file in person, visiting a local IRS office may also be an option, though appointments may be necessary.