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Form 8883 for Stamford Connecticut: What You Should Know
This is intended to eliminate the requirement for a property owner, if they choose to elect, to furnish a declaring statement in addition to the information required to be filed with Form 8884, Notice to Fiduciary (Form 8884). Form 8883. If elected, the requirement to furnish a declaring statement is removed. In addition to removing the requirement for a property owner to supply a declaring statement, the form is also amended to replace the “Property Description and Gross Value Statement(s)” (Form 8884) and “Property Owner Statement(s).” (9) Property Owner Statement. The property owner statement (Form 8884) is amended to eliminate the line item for “Income and Expenses” and add a line item for “Depreciation: Depreciation Rate and Amount”. The statement is completed by selecting the appropriate boxes under “Property Owner Statement: Property Description and Gross Value Statement.” Depreciation and Expenses. The statements are completed in accordance with the statements furnished on Part 1. “Depreciation: Depreciation Rate and Amount” (Form 8884) (Rev. November 2017) “Depreciated Value.
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