Form 8834 - Jun 2006

Form 8834 is used by individuals, estates, and trusts to claim the credit for prior year minimum tax. The credit for prior year minimum tax is a credit for taxpayers who paid alternative minimum tax in a prior year and have a lower tax liability in the current year. This credit reduces the taxpayer's regular tax liability. To claim the credit, taxpayers must complete Form F8834 and attach it to their income tax return.

Individuals, estates, and trusts who want to claim the credit for prior year minimum tax.

The completed Form 8834 should be attached to the tax return and submitted to the Internal Revenue Service.