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8859 - Carryforward of DC First-Time Homebuyer Credit
8859 - Carryforward of DC First-Time Homebuyer Credit

Taxwise Online

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Written by NICOLE LACORTE
Updated over a month ago

What is the form used for? :

  • Form 8859 is a tax form that most taxpayers will never use.

  • While many first-time home purchasers in D.C. are entitled to a federal tax credit, Form 8859 calculates the amount of carry-forward credit you can use in future years, not the amount of your initial tax credit.

    Is this form supported in our program? YES

How to access the form: To access the form, you will need to open a 1040 return on the online/desktop and then go to Add Form/Display and type 8859.

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