Interest Computation Under the Look-Back Method for

Property Depreciated Under the Income Forecast Method Form 8866 OMB No. 1545-1622

(Rev. November 2002)

 See separate instructions. Department of the Treasury

Internal Revenue Service  Please print or type.

For the recomputation year beginning , and ending . See instructions.

Name Identifying number

Fill In Your Number, street, and apt., room, or suite no. If a P.O. box, see instructions. B Check applicable box to show type of taxpayer:

Address Only If

You Are Filing This

Form Separately

and Not With Your

Tax Return

Corporation S corporation

City or town, state, and ZIP code. If a foreign address, see instructions. Individual Partnership

Estate or trust

C If you were an owner of an interest in a pass-through entity (such as a partnership or an S corporation) that depreciated one or more properties to which this interest

computation relates, enter the name and employer identification number of the entity. Attach a schedule if there is more than one such entity.

Name of entity Employer identification number

Date of each prior year to which interest

computation relates: Taxable income (or loss) for the prior years shown on tax

return (or as previously adjusted) before net operating loss

or capital loss carrybacks (other than carrybacks that must

be taken into account to properly compute interest under

section 167(g)) (see instructions). If you were required to

file Form 8866 for an earlier year, enter adjusted taxable

income for the prior years from Form 8866, line 3, for the

most recent recomputation year that affects the prior years

1 (d)

Totals

(Add columns (a),

(b), and (c).)

(c)

Year ended

(b)

Year ended

(a)

Year ended

Adjustment to taxable income for the difference between:

(a) the depreciation deducted under the income forecast

method based on estimated future income and

(b) depreciation allowable under the income forecast

method based on actual income earned for periods before

the end of the recomputation year and estimated future

income to be earned after the recomputation year.

See instructions and attach a schedule listing each

separate property, unless you were an owner of an interest

in a pass-through entity reporting this amount from

Schedule K-1 or a similar statement

2

Adjusted taxable income for look-back purposes. Combine

lines 1 and 2

3

Income tax liability on line 3 amount using tax rates in effect

for the prior years (see instructions)

4

Income tax liability shown on return (or as previously

adjusted) for the prior years (see instructions). If you were

required to file Form 8866 for an earlier year, enter the amount

required to be reported on Form 8866, line 4, for the most

recent recomputation year that affects the prior years

5

Increase (or decrease) in tax for the prior years on which

interest is due (or is to be refunded). Subtract line 5 from

line 4. (Pass-through entities: See instructions.)

6

Interest due on increase, if any, shown on line 6 (see

instructions)

7

Interest to be refunded on decrease, if any, shown on

line 6 (see instructions)

8

Net amount of interest to be refunded to you. If line 8, column (d), exceeds line 7, column (d), enter the excess. File

Form 8866 separately; do not attach it to your tax return (see instructions)

9

Net amount of interest you owe. If line 7, column (d), exceeds line 8, column (d), enter the excess. Attach

Form 8866 to your tax return. See instructions for where to include this amount on your return

10

A

Attachment

Sequence No. 108

mo. yr. mo. yr. mo. yr.

Under penalties of perjury, I declare that I have examined this form, including accompanying schedules and statements, and to the best of my

knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer

has any knowledge. Sign

Here

Signature(s) Date

Date Preparer’s SSN or PTIN Preparer’s

signature Check if Paid self-employed 

Preparer’s

Use Only Firm’s name (or yours

if self-employed) address, and ZIP code

EIN 

Phone no. 









For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 26036C Form 8866 (11-2002)

Pass-through entities: Skip lines 1, 3, 4, and 5.

Signatures. Complete this section only if this form is being filed separately and not with the tax return.