Summary of changes

Record of Actions on Assignment
Assignment:
Assigned to:
Reviewed by:

Form 8846
Date Started:

K. Slaton

Date Completed:

05/29/2008
Date Started:

Sharon Dewsbury

Date Completed:

Record of Technical Developments Considered
Development
(Including Cite)

Description

Location

Action

TLS

Date

REV

Date

1. Notice 2007-92

social security wage base

A

pg. 1&2 KS

savd

01/15/2009

2. IRC section 45B

carryforward

A

pg. 1&2 KS

savd

01/15/2009

3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.

Coordination with Other Offices (Use Specific Symbols)
Item
Pages

Sent to Other Offices
Topic

Symbols

1.
2.
3.
4.
5.
Action Codes:
Material initiated or revised on basis of this item.............................................. A
No action taken because:
Factual item .............................................................................. B
Already covered......................................................................... C
Limited applicability .................................................................... D
Other (explain) ........................................................................... E

Date

Returned
Target

Actual

Review of Comments
Initiator

Reviewer

Implementation Plan: Open Actions for Product 8846
Run by: SD_NY3HB

Run date:

15-JAN-09

Reviewer: DEWSBURY, SHARON
Action
Act
IRC
Number Section Section

Description of Action

Date
Type

Effective
Date

Target
Due Date

A

31-DEC-2008

26-NOV-2008

A

31-DEC-2007

26-NOV-2008

P.L. 110-246, Food, Conservation, and Energy Act of 2008
close N/A

completed

66.00050

15321

40

Revise product to reflect credit for production of
cellulosic biofuel.

P.L. 110-289, Housing and Economic Recovery Act of 2008
66.00008

3022

38
42
47

Revise product to reflect the repeal of AMT
limitations on the low-income housing credit and
rehabilitation credit.

Description of Changes to the 2008 Form 8846, Credit for Employer
Social Security and Medicare Taxes Paid on Certain Employee Tips
1. We deleted the What’s New section because it is no longer applicable.
2. The social security wage base on line 4 is increased to $102,000. (Notice 200792)
3. A new line 10 is added to reflect the carryforward of the credit. All
subsequent lines have been renumbered.
4. We deleted Part II from the form and instructions because the 2008 Form 3800,
calculates the allowable credit for all credits allowed against AMT, including the
credit for employer social security and Medicare taxes paid on certain employee
tips.