Form 8866, Interest Computation Under the Look-Back Method for Property Depreciated Under the Income Forecast Method
Use this Form to figure the interest due or to be refunded under the look-back method of section 167(g)(2) for property placed in service after September 13, 1995, that is depreciated under the income forecast method as described in section 167(g).
The income forecast method generally is limited to depreciation of:
- Motion picture films,
- Video tapes,
- Sound recordings,
- Books, and
Other Items You May Find Useful:
Form 1040, U.S. Individual Income Tax Return
Form 1065, U.S. Return of Partnership Income
Form 1120, U.S. Corporation Income Tax Return
Comment on Form 8866
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