8881 Credit for Small Employer Pension Plan Startup Costs

Caution: DRAFT FORM
This is an advance proof copy of an IRS tax form.
It is subject to change and OMB approval before it
is officially released. You can check the scheduled
release date on our web site (www.irs.gov).
If you have any comments on this draft form, you can
submit them to us on our web site. Include the word
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I.R.S. SPECIFICATIONS

TO BE REMOVED BEFORE PRINTING

INSTRUCTIONS TO PRINTERS
FORM 5695, PAGE 1 of 4
MARGINS: TOP 13mm (1⁄ 2 "), CENTER SIDES.
PAPER: WHITE WRITING, SUB. 20.
FLAT SIZE: 216mm (8-1/2") x 279mm (11")
PERFORATE: None

PRINTS: HEAD TO HEAD
INK: BLACK

DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form

5695

Department of the Treasury
Internal Revenue Service

Name(s) shown on return

Part I

Action

Date

O.K. to print
Revised proofs
requested

Residential Energy Credits

OMB No. 1545-0074

2006

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©

See instructions.

©

Attach to Form 1040 or Form 1040NR.

Attachment
Sequence No. 158
Your social security number

Nonbusiness Energy Property Credit (See instructions before completing this part.)

Were the energy efficiency improvements or residential energy property costs made to your
©
main home located in the United States? (see instructions)
Caution: If you checked the “No” box, you cannot claim the nonbusiness energy property credit.
Do not complete Part I.
2 Energy efficiency improvements (see instructions).
a Insulation material or system primarily designed to reduce heat loss or
2a
gain in your home
2b
b Exterior windows (including skylights). Do not enter more than $2,000
2c
c Exterior doors
1

Signature

d Metal roof with appropriate pigmented coatings that meet the Energy
Star program requirements primarily designed to reduce heat gain in
2d
your home
3 Add lines 2a through 2d
4 Multiply line 3 by 10% (.10)
5 Residential energy property costs (see instructions).
5a
a Energy-efficient building property. Do not enter more than $300
b Qualified natural gas, propane, or oil furnace or hot water boiler. Do
5b
not enter more than $150
c Advanced main circulating fan used in a natural gas, propane, or oil
5c
furnace. Do not enter more than $50
6 Add lines 5a through 5c
7 Add lines 4 and 6
8 Enter the smaller of line 7 or $500
9
9 Enter the amount from Form 1040, line 46, or Form 1040NR, line 43
10 Enter the total, if any, of your credits from Form 1040, lines 47 through
10
51, or Form 1040NR, lines 44 through 46
11 Subtract line 10 from line 9. If zero or less, stop. You cannot take a nonbusiness energy
property credit
12 Nonbusiness energy credit. Enter the smaller of line 8 or line 11
For Paperwork Reduction Act Notice, see instructions.

Cat. No. 13540P

Yes

No

3
4

6
7
8

11
12
Form

5695

(2006)

2
I.R.S. SPECIFICATIONS

TO BE REMOVED BEFORE PRINTING

INSTRUCTIONS TO PRINTERS
FORM 5695, PAGE 2 of 4
MARGINS: TOP 13mm (1⁄ 2 "), CENTER SIDES.
PAPER: WHITE WRITING, SUB. 20.
FLAT SIZE: 216mm (8-1/2") x 279mm (11")
PERFORATE: None

PRINTS: HEAD TO HEAD
INK: BLACK

DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form 5695 (2006)

Page

2

Before you begin: Figure the amount of any of the following credits that you are claiming.
●
●
●
●

Part II

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Child tax credit
Mortgage interest credit
Adoption credit
District of Columbia first-time homebuyer credit

Residential Energy Efficient Property Credit (See instructions before completing this part.)

13
14
15
16
17
18
19
20
21
22
23
24
25
26

Qualified photovoltaic property costs
Multiply line 13 by 30% (.30)
Maximum credit amount
Enter the smaller of line 14 or line 15
Qualified solar water heating property costs
Multiply line 17 by 30% (.30)
Maximum credit amount
Enter the smaller of line 18 or line 19
Qualified fuel cell property costs
Multiply line 21 by 30% (.30)
Kilowatt capacity of property on line 21 above ©
X $1,000
Enter the smaller of line 22 or line 23
Add lines 16, 20, and 24
Enter the amount from Form 1040, line 46, or Form 1040NR, line 43

27

1040 filers: Enter the total, if any, of your credits from Form
1040, lines 47 through 51, 53, and 54, plus the amount, if any,
from line 12 of this form.
1040NR filers: Enter the total, if any, of your credits from Form
1040NR, lines 44 through 46, 48, and 49, plus the amount, if any,
from line 12 of this form.

28
29
30

2,000

16

17
18
19

2,000

20

21
22
23

24
25

26

27

Subtract line 27 from line 26. If zero or less, enter –0– here and on line 29
Residential energy efficient property credit. Enter the smaller of line 25 or line 28
Credit carryforward to 2007. If line 29 is less than line 25, subtract line
29 from line 25
30

Part III
31

%

13
14
15

28
29

Current Year Residential Energy Credits

Add lines 12 and 29. Enter here and on Form 1040, line 52, or Form 1040NR, line 47

31
Form

5695

(2006)