Interest Computation Under the Look-Back Method for

Property Depreciated Under the Income Forecast Method

Form 8866 OMB No. 1545-1622

(January 1999)

© 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 year(s) 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 year(s) from Form 8866, line 3, for the most

recent recomputation year that affects the prior year(s)

1 (d)

Totals

(Add columns (a),

(b), and (c).)

(c)

Year ended

(b)

Year ended

(a)

Year ended

Adjustment to taxable income to reflect the difference

between:

(a) the amount of depreciation deducted under the income

forecast method based on estimated future income and

(b) the amount of 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 year(s). See instructions

4

Income tax liability shown on return (or as previously

adjusted) for the prior year(s). 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 year(s)

5

Increase (or decrease) in tax for the prior year(s) 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 for computation

7

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

line 6. See instructions for computation

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 Only If

You Are Filing This

Form Separately

and Not With Your

Tax Return Signature(s) Date

Date Preparer’s social security number Preparer’s

signature Check if Paid self-employed ©

Preparer’s

Use Only

Firm’s name (or yours

if self-employed) and

address

EIN ©

ZIP code ©

©

©

©

©

For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 26036C Form 8866 (1-99)

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