Form 8907 Form 8907 Nonconventional Source Fuel Credit

Tax Forms & Publications

Work Request Notification
Title: Form 8907, Nonconventional Source Fuel Credit
Tax Year: 2009

Processing Year: 2010

Route to:

Approved:

Section Chief:

L9FCB
Bill Woolf

Reviewer:
Review Chief:
Branch Chief:

Date:
Digitally signed by L9FCB
DN: cn=L9FCB, email=Barbara.Bradley@irs.gov
Date: 2009.04.07 12:47:57 -04'00'

04/07/09

2009.04.17 10:25:23
-04'00'

04/17/09

Johnny Cervantes

Digitally signed by Johnny Cervantes
DN: cn=Johnny Cervantes, o=Internal Revenue Service, ou=SE:
W:CAR:MP:T:B:R, email=Johnny.Cervantes@irs.gov, c=US
Reason: I am approving this document
Date: 2009.04.17 13:08:04 -04'00'

04/17/09

Carole Barnette, Acting Johnny Cervantes

Digitally signed by Johnny Cervantes
DN: cn=Johnny Cervantes, o=Internal Revenue Service, ou=SE:
W:CAR:MP:T:B:R, email=Johnny.Cervantes@irs.gov, c=US
Reason: I am approving this document
Date: 2009.04.17 13:08:12 -04'00'

04/17/09

Barbara Bradley

Bill Woolf
Johnny Cervantes

Digitally signed by B50DB
DN: cn=B50DB, email=Robert.A.Erickson@irs.gov
Date: 2009.04.28 10:35:15 -04'00'

Senior Technical Advisor: Bob Erickson
Initiator (Tax Law Specialist): Mike

Cyrus

Michael R. Cyrus

Digitally signed by Michael R. Cyrus
DN: cn=Michael R. Cyrus, email=michael.r.cyrus@irs.
gov, o=W&I, ou=SE:W:CAR:MP:T:B:P, c=US
Date: 2009.04.28 11:00:09 -04'00'

04/28/09

The information in this document can be used to develop any necessary Work Requests.
This notification is for changes due to:
✔ Legislation or Chief Counsel guidance: P.L. 109-135, IRC 45K(g)

A Program change initiated by:
The major changes are as follows:

The year is updated in the usual places and in the headings of columns (a) and (b). The update in the column headings is
necessary so that the form can be used by fiscal year filers as the IRC sec. 45K(d)(2)(b) inflation adjustment factor used on line 3
is applicable to a calendar year.

We may need to make further changes that would require a work request.
✔ We do not anticipate the need for any further changes that would require a Work Request.

If you have any questions, please contact:
Name: Mike Cyrus

Name: Bill Woolf

Title:

Title:

Tax Law Specialist

Tax Law Specialist (Reviewer)

Symbols: SE:W:CAR:MP:T:B:C

Symbols: SE:W:CAR:MP:T:B:R

Phone: 202.927.9545

Phone: 202.622.8268

Email: Michael.R.Cyrus@irs.gov

Email: William.P.Woolf@irs.gov

Room: IR-Main, 6141

Room: IR-Main, 6141

6
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Date

Form

I.R.S. SPECIFICATIONS
TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 8907, PAGE 1 of 2
MARGINS: TOP 13mm (1⁄ 2 "), CENTER SIDES.
PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20.
INK: BLACK
FLAT SIZE: 216mm (81⁄ 2 ") 3 279mm (11")
PERFORATE: (NONE)
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

8907

Department of the Treasury
Internal Revenue Service

Name(s) shown on return

Action

Date

Signature

O.K. to print
Revised proofs
requested

OMB No. 1545-2008

Nonconventional Source Fuel Credit

2008

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©

Attach to your tax return.
© See instructions.

Attachment
Sequence No.

2009

146

Identifying number

2008

1

Date the facility was placed in service

2

Barrel-of-oil equivalents

3

Enter the product of $3 multiplied by the inflation adjustment factor.
See instructions

4

Multiply line 2 by line 3

5

Add columns (a) and (b) on line 4

(a)
Qualified coke and coke
gas sold after 12/31/2007
and before 1/1/2009

5

6a

b Enter the total of additions to the capital account for the project for this
and all prior tax years
c Divide line 6a by line 6b. Show as a decimal to at least 4 places
d Multiply line 5 by line 6c

6b
6c
6d
7

Subtract line 6d from line 5

8a Reduction due to energy credit. Enter the total amount allowed under
section 38 for this and all prior tax years by reason of the energy
percentage with respect to the property used in the project

8a

b Enter the total amount recaptured with respect to the amount entered
on line 8a under section 49(b) or 50(a) for this and any prior tax year,
8b
and under section 38 for any prior tax year
c Subtract line 8b from line 8a. If zero or less, enter amount from line 7 on line 9 and go to line 10a
9

2009

2010

6a Reduction due to government monies and subsidized financing. Enter
the total of government grants, proceeds of tax-exempt government
obligations, and subsidized energy financing for the project for this and
all prior tax years

7

(b)
Qualified coke and
coke gas
sold after 12/31/2008

8c
9

Subtract line 8c from line 7

10a Reduction due to enhanced oil recovery credit (Form 8830). Enter the
total amount allowed for this and all prior tax years by reason of any
10a
enhanced oil recovery credit with respect to such project
b Enter the total amount of enhanced oil recovery credit recapture with
10b
respect to the amount on line 10a for any prior tax year
c Subtract line 10b from line 10a. If zero or less, enter the amount from line 9 on line 11 and go to line 12

10c

11

Subtract line 10c from line 9

11

12

Nonconventional source fuel credit from partnerships, S corporations, estates, and trusts

12

13

Add lines 11 and 12. Estates and trusts, go to line 14; partnerships and S corporations, report this
amount on Schedule K; all others, report this amount on Form 3800, line 1o

13

14

Amount allocated to beneficiaries of the estate or trust (see instructions)

14

15

Estates and trusts: subtract line 14 from line 13. Report this amount on Form 3800, line 1o

15

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 37716X

Form

8907

(2008)

2009