This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 4255 for the current year.
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 December 1, 2016. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 4255?
A: IRS Form 4255 is used for recapture of investment credit.
Q: What is recapture of investment credit?
A: Recapture of investment credit refers to the repayment of a previously claimed investment credit.
Q: When should I use IRS Form 4255?
A: You should use IRS Form 4255 if you need to recapture a previously claimed investment credit.
Q: What information is required on IRS Form 4255?
A: IRS Form 4255 requires information about the recapture amount, previous investment credit, and the relevant tax year.
Q: Is recapture of investment credit applicable to all taxpayers?
A: Recapture of investment credit may apply to certain individuals and businesses that have claimed an investment credit for specific purposes.
Q: Are there any penalties for failing to file IRS Form 4255?
A: Penalties may apply for failing to timely file IRS Form 4255 or for providing inaccurate information on the form.
Form Details:
Download a fillable version of IRS Form 4255 through the link below or browse more documents in our library of IRS Forms.