Louisiana Owner of Newly Constructed Accessible Home Tax Credit for Individuals
Extracted from PDF file 2019-louisiana-form-r-1089.pdf, last modified August 2012
Owner of Newly Constructed Accessible Home Tax Credit for IndividualsSocial Security Number ______________________ R-1089 (1/19) Owner of Accessible and Barrier-Free Home Tax Credit for Individuals Attach completed form to your Form IT-540, IT-540B, or IT-540B-NRA Louisiana Revised Statute 47:297(P) This form and the accompanying instructions must be provided to the building official/inspector and contractor for certification of the required design elements. PLEASE PRINT OR TYPE Taxpayer (Homeowner) Information Name of Taxpayer Claiming Credit Social Security Number Name of Taxpayer’s Spouse (if joint individual income tax return) Spouse’s Social Security Number (if joint individual income tax return) Physical Address of Accessible and Barrier-Free Home City State ZIP LA Parish in which Homestead Exemption is Claimed Year Home or Renovation Completed Disabled Household Member Information Name of Disabled Household Member Description of Disability Social Security Number Date of Disability (mm/dd/yyyy) Relationship to Taxpayer (Homeowner) Declaration of Physician I certify that the disabled household member above has a physical disability that requires, or will require, the inclusion of accessible and barrier-free design elements in a dwelling. Physician’s Signature Physician’s Louisiana License Number Date (mm/dd/yyyy) Declaration of Building Official/Inspector The building plan for the home at the above physical address has been reviewed and contains the required design elements listed in the instructions. Signature of Building Official/Inspector Date (mm/dd/yyyy) Name of Jurisdiction Telephone Declaration of Contractor Upon Completion of Home I certify that the construction/renovation of the home located at the above physical address has been completed and the home contains the required design elements listed in the instructions. Contractor’s Louisiana License Number Date Home or Renovation Completed (mm/dd/yyyy) Contractor’s Name Telephone Contractor’s Signature Date (mm/dd/yyyy) Declaration of Taxpayer I declare that to the best of my knowledge of all available information, this credit claim is true and complete and complies with all statutes, rules and regulations, and any other policy pronouncements related to the Owner of Accessible and Barrier-Free Home Tax Credit. Signature of Taxpayer Date (mm/dd/yyyy) Signature of Spouse (if joint return) Date (mm/dd/yyyy) R-1089i (1/19) Instructions for Owner of Accessible and Barrier-Free Home Tax Credit for Individuals GENERAL INFORMATION Louisiana Revised Statute 47:297(P) provides a credit to homeowners who include accessible and barrier-free design elements in the construction of a new one or two-family dwelling or in the renovation of an existing dwelling of the taxpayer. The credit is also allowed in any instance where there is a valid and enforceable lease contract between the homeowner and an individual with a physical disability that requires, or will require, accessible and barrier-free design elements if the individual inhabits any portion of the dwelling. The credit is the lesser of $5,000 or the cost of the construction or renovation. The credit is earned in and may be claimed on the return for the taxable year in which the construction or renovation is completed. Only one credit may be granted per home. If the home is co-owned in indivision by two or more taxpayers who qualify for and claim a homestead exemption on the dwelling, the credit allowed to each taxpayer shall be limited to the pro-rata ownership interest of the taxpayers. The total amount of credits granted in any taxable year is limited to $500,000 and the credits will be granted on a first-come, first-served basis. Any taxpayer who claims the credit in a calendar year in which the $500,000 annual cap has been exceeded may claim the credit on their income tax return in the next calendar year and the claim will have priority over other claims after the date the original claim was made. In order to qualify for the credit, Requirement #1 and 2 below must be met as well as either Requirement #3 or 4: Requirement #1 The required elements must be included in the construction of a new one or two-family dwelling or in the renovation of an existing dwelling that is owned by the taxpayer. Requirement #2 If a newly constructed home, then all of the following requirements must be met. If a renovated home, then any of the following requirements must be met. • The home has one zero-step entrance at the front, back, or side of the residence. • All main floor doors have a clear passage space of at least 32 inches between doorjambs and strikes with the door at a ninety degree angle. • All hallways and passages on the main floor have at least 36 inches of clear width to the accessible bathroom and eating area. • The main floor has, at a minimum, a half bath with a minimum five-foot diameter of free and clear floor space. Requirement #3 If the disabled individual is a member of the taxpayer’s (homeowner) household: • The individual must have a physical disability that currently requires, or will require, the inclusion of such design elements in the dwelling. • The individual must reside at the taxpayer’s home. • The individual must be either the taxpayer, the taxpayer’s spouse or qualifies as a dependent of the taxpayer of purposes of determining the taxpayer’s federal income tax liability of the household for the tax year in question. • The taxpayer must claim a homestead exemption on the home constructed or renovated. Requirement #4 If the disabled individual has a valid and enforceable lease contract between themselves and the taxpayer’s (homeowner): • The individual must have a physical disability that currently requires, or will require, the inclusion of such design elements in the dwelling. • The individual must reside at the home constructed or renovated.
More about the Louisiana Form R-1089 Individual Income Tax Tax Credit TY 2019
We last updated the Owner of Newly Constructed Accessible Home Tax Credit for Individuals in March 2020, so this is the latest version of Form R-1089, fully updated for tax year 2019. You can download or print current or past-year PDFs of Form R-1089 directly from TaxFormFinder. You can print other Louisiana tax forms here.
Other Louisiana Individual Income Tax Forms:
|Form Code||Form Name|
|Form IT-540||Resident Income Tax Return|
|Form IT-540B||Nonresident Income Tax Return|
|Form 540V||Electronic Filing Payment Voucher|
|Form R-2867||Transmittal of Federal Extension Request for Louisiana Individual Income Tax Return|
|Form IT-540 Tax Table||Louisiana Tax Table|
Louisiana usually releases forms for the current tax year between January and April. We last updated Louisiana Form R-1089 from the Department of Revenue in March 2020.
Form R-1089 is a Louisiana Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Louisiana Form R-1089
We have a total of eight past-year versions of Form R-1089 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Louisiana Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.