EFTA01222790.pdf

Fom8396 Mortgage Interest Credit (For Holders of Qualified Mortgage Credit Certificates Issued by OMB No. 1545-0074 2017 State or Local Governmental Units or Agencies) Department of the Treasury ► Go to wwwirs.gov/Form8396 for the latest information. Attachment Interrel Revenue Service (99) ►Attach to Form 1040 or 1040NR. Sequence No. 138 Name(s) shown on your tax return Your social security number Enter the address of your mart home to which the qualified mortgage certificate relates if it is different from the address shown on your tax return. Name of Issuer of Mortgage Credit Certificate Mortgage Credit Certificate Number Issue Date Before you begin Part I, figure the amounts of any of the following credits you are claiming: Credit for the elderly or the disabled. alternative motor vehicle credit, and qualified plug-in electric drive motor vehicle credit. Part I Current Year Mortgage Interest Credit 1 Interest paid on the certified indebtedness amount. If someone else (other than your spouse if filing jointly) also held an interest in the home, enter only your share of the interest paid . . . 1 2 Enter the certificate credit rate shown on your mortgage credit certificate. Do not enter the interest rate on your home mortgage 2 36 3 If line 2 is 20% or less, multiply line 1 by line 2. If line 2 is more than 20%. or you refinanced your mortgage and received a reissued certificate. see the instructions for the amount to enter. 3 You must reduce your deduction for home mortgage interest on Schedule A (Form 1040) by the amount on line 3. 4 Enter any 2014 credit carryforward from line 16 of your 2016 Form 8396 4 5 Enter any 2015 credit carryforward from line 14 of your 2016 Form 8396 5 6 Enter any 2016 credit carryforward from line 17 of your 2016 Form 8396 6 7 Add lines 3 through 6 7 8 Limitation based on tax liability. Enter the amount from the Credit Limit Worksheet (see instructions) 8 9 Current year mortgage interest credit. Enter the smaller of line 7 or line 8. Also include this amount in the total on Form 1040, line 54, or Form 1040NR, line 51. Check box c on that line and enter "8396" in the space next to that box 9 Part II Mortgage Interest Credit Carryforward to 2018. (Complete only if line 9 is less than line 7.) 10 Add lines 3 and 4 10 11 Enter the amount from line 7 11 12 Enter the larger of line 9 or line 10 12 13 Subtract line 12 from line 11 13 14 2016 credit carryforward to 2018. Enter the smaller of line 6 or line 13 14 15 Subtract line 14 from line 13 15 16 2015 credit carryforward to 2018. Enter the smaller of line 5 or line 15 16 17 2017 credit carryforward to 2018. Subtract line 9 from line 3. If zero or less, enter -0- 17 For Paperwork Reduction Act Notice, see your tax return instructions. Form 8396 (2017) EFTA01222790