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- Click ‘Get Form’ to open the 2015 8880 form in our editor.
- Begin by entering your name and social security number at the top of the form. Ensure that this information matches your tax return.
- In Section (a), report your contributions to traditional and Roth IRAs for 2015 in line 1, and any elective deferrals to a qualified plan in line 2.
- Add the amounts from lines 1 and 2 on line 4. If you received distributions after 2012, enter those amounts in line 4 as well.
- Follow through by subtracting line 4 from line 3 on line 6. If the result is zero or less, you cannot claim this credit.
- Complete lines related to your filing status and applicable decimal amounts based on your income as instructed.
- Finally, calculate the credit amount by multiplying the appropriate lines and enter it on the designated lines of your tax return.
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