IRS Form 1040 Schedule 3: Nonrefundable Credits and Other Payments, Study notes of Business

A portion of irs form 1040 schedule 3 for the tax year 2021. It outlines various nonrefundable credits and other payments, including education credits, retirement savings contributions credit, residential energy credits, and more. Taxpayers must attach the required forms to claim these credits.

Typology: Study notes

2021/2022

Uploaded on 09/12/2022

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SCHEDULE 3
(Form 1040) 2021
Additional Credits and Payments
Department of the Treasury
Internal Revenue Service
Attach to Form 1040, 1040-SR, or 1040-NR.
Go to www.irs.gov/Form1040 for instructions and the latest information.
OMB No. 1545-0074
Attachment
Sequence No. 03
Name(s) shown on Form 1040, 1040-SR, or 1040-NR Your social security number
Part I Nonrefundable Credits
1Foreign tax credit. Attach Form 1116 if required . . . . . . . . . . . . . . 1
2
Credit for child and dependent care expenses from Form 2441, line 11. Attach
Form 2441 ............................. 2
3Education credits from Form 8863, line 19 . . . . . . . . . . . . . . . . . 3
4Retirement savings contributions credit. Attach Form 8880 . . . . . . . . . . 4
5Residential energy credits. Attach Form 5695 . . . . . . . . . . . . . . . 5
6Other nonrefundable credits:
aGeneral business credit. Attach Form 3800 . . . . . . . . 6a
bCredit for prior year minimum tax. Attach Form 8801 . . . . 6b
cAdoption credit. Attach Form 8839 . . . . . . . . . . . . 6c
d
Credit for the elderly or disabled. Attach Schedule R . . . . .
6d
eAlternative motor vehicle credit. Attach Form 8910 . . . . . 6e
fQualified plug-in motor vehicle credit. Attach Form 8936 . . . 6f
gMortgage interest credit. Attach Form 8396 . . . . . . . . 6g
h
District of Columbia first-time homebuyer credit. Attach Form 8859
6h
iQualified electric vehicle credit. Attach Form 8834 . . . . . 6i
j
Alternative fuel vehicle refueling property credit. Attach Form 8911
6j
kCredit to holders of tax credit bonds. Attach Form 8912 . . . 6k
lAmount on Form 8978, line 14. See instructions . . . . . . 6l
z
Other nonrefundable credits. List type and amount
6z
7Total other nonrefundable credits. Add lines 6a through 6z . . . . . . . . . . 7
8
Add lines 1 through 5 and 7. Enter here and on Form 1040, 1040-SR, or 1040-NR,
line 20 ............................... 8
(continued on page 2)
For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71480G Schedule 3 (Form 1040) 2021
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Download IRS Form 1040 Schedule 3: Nonrefundable Credits and Other Payments and more Study notes Business in PDF only on Docsity!

SCHEDULE 3 (Form 1040)

Additional Credits and Payments

Department of the Treasury Internal Revenue Service

▶ (^) Attach to Form 1040, 1040-SR, or 1040-NR. ▶ (^) Go to www.irs.gov/Form1040 for instructions and the latest information.

OMB No. 1545-

Attachment Sequence No. 03 Name(s) shown on Form 1040, 1040-SR, or 1040-NR Your social security number

Part I Nonrefundable Credits

1 Foreign tax credit. Attach Form 1116 if required.............. 1 2 Credit for child and dependent care expenses from Form 2441, line 11. Attach Form 2441............................. 2 3 Education credits from Form 8863, line 19................. 3 4 Retirement savings contributions credit. Attach Form 8880.......... 4 5 Residential energy credits. Attach Form 5695............... 5 6 Other nonrefundable credits: a General business credit. Attach Form 3800........ 6a b Credit for prior year minimum tax. Attach Form 8801.... 6b c Adoption credit. Attach Form 8839............ 6c d Credit for the elderly or disabled. Attach Schedule R..... 6d e Alternative motor vehicle credit. Attach Form 8910..... 6e f Qualified plug-in motor vehicle credit. Attach Form 8936... 6f g Mortgage interest credit. Attach Form 8396........ 6g h District of Columbia first-time homebuyer credit. Attach Form 8859 6h i Qualified electric vehicle credit. Attach Form 8834..... 6i j Alternative fuel vehicle refueling property credit. Attach Form 8911 6j k Credit to holders of tax credit bonds. Attach Form 8912... 6k l Amount on Form 8978, line 14. See instructions...... 6l z Other nonrefundable credits. List type and amount ▶ 6z 7 Total other nonrefundable credits. Add lines 6a through 6z.......... 7 8 Add lines 1 through 5 and 7. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 20............................... (^8) (continued on page 2) For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71480G Schedule 3 (Form 1040) 2021

Schedule 3 (Form 1040) 2021 Page 2

Part II Other Payments and Refundable Credits

9 Net premium tax credit. Attach Form 8962................. 9 10 Amount paid with request for extension to file (see instructions)........ 10 11 Excess social security and tier 1 RRTA tax withheld............. 11 12 Credit for federal tax on fuels. Attach Form 4136.............. 12 13 Other payments or refundable credits: a Form 2439..................... 13a b Qualified sick and family leave credits from Schedule(s) H and Form(s) 7202 for leave taken before April 1, 2021...... (^) 13b c Health coverage tax credit from Form 8885........ 13c d Credit for repayment of amounts included in income from earlier years........................ (^) 13d e Reserved for future use................ 13e f Deferred amount of net 965 tax liability (see instructions)... 13f g Credit for child and dependent care expenses from Form 2441, line 10. Attach Form 2441............... 13g h Qualified sick and family leave credits from Schedule(s) H and Form(s) 7202 for leave taken after March 31, 2021..... 13h z Other payments or refundable credits. List type and amount ▶ 13z 14 Total other payments or refundable credits. Add lines 13a through 13z..... 14 15 Add lines 9 through 12 and 14. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 31............................... (^15) Schedule 3 (Form 1040) 2021