IRS Form 8828 Recapture of Federal Mortgage Subsidy

IRS Form 8828 Recapture of Federal Mortgage Subsidy

What Is IRS Form 8828?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on March 1, 2010. Check the official IRS-issued instructions before completing and submitting the form.

FAQ

Q: What is IRS Form 8828?
A: IRS Form 8828 is used to report the recapture of a federal mortgage subsidy.

Q: What is a federal mortgage subsidy?
A: A federal mortgage subsidy is a financial assistance provided to homeowners by the government to help with the cost of their mortgage.

Q: Who needs to file Form 8828?
A: You need to file Form 8828 if you received a federal mortgage subsidy and you meet certain criteria that require the subsidy to be recaptured.

Q: What is recapture?
A: Recapture is the process of repaying a portion of the federal mortgage subsidy that you received.

Q: What information is required when filing Form 8828?
A: When filing Form 8828, you will need to provide details about the property, the subsidy, and calculate the recapture amount.

Q: When is Form 8828 due?
A: Form 8828 is typically due on the same day as your federal income tax return, which is usually April 15th.

Q: Is there any penalty for not filing Form 8828?
A: If you are required to file Form 8828 and you fail to do so, you may be subject to penalties and interest on the unpaid subsidy amount.

Q: Can I e-file Form 8828?
A: No, Form 8828 cannot be e-filed and must be filed by mail.

Q: Can I amend Form 8828?
A: Yes, if you need to make changes to your original Form 8828, you can file an amended Form 8828.

ADVERTISEMENT

Form Details:

  • A 1-page form available for download in PDF;
  • Actual and valid for filing 2023 taxes;
  • Editable, printable, and free;
  • Fill out the form in our online filing application.

Download a fillable version of IRS Form 8828 through the link below or browse more documents in our library of IRS Forms.

Download IRS Form 8828 Recapture of Federal Mortgage Subsidy

4.7 of 5 (32 votes)
  • IRS Form 8828 Recapture of Federal Mortgage Subsidy, Page 1
ADVERTISEMENT