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IRS Form 8828 - Recapture of Federal Mortgage Subsidy

Posted on 1/19/13 at 1:15 pm
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/19/13 at 1:15 pm
Anyone have experience with this?

Apparently, it needs to be sent in with your 1040. Can I do them separate? For instance, use turbo tax to file my 1040 then send it in once I have an accountant take a look at?
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 1/19/13 at 2:00 pm to
quote:

Can I do them separate?
No, the Form 8828 is an attachment to Form 1040 detailing the computation of a specific amount of tax. It gets reported on Line 60 with the code "FMSR".
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