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Form 3800, Fill in Version General Business Credit
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People also ask
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How is general business credit calculated?
Your general business credit for the year consists of your carryforward of business credits from prior years plus the total of your current year business credits. In addition, your general business credit for the current year may be increased later by the carryback of business credits from later years. -
Is the investment tax credit a general business credit?
The credit is part of the general business credit and is subject to its tax liability limitation and carryover rules ( ¶1465). -
What are the general business credits reported on form 3800?
Dozens of business tax credits may be included in Form 3800, including the investment credit, low-income housing credit, and the credit for small employer health insurance premiums. -
What is the IRS form for general business credit?
File Form 3800 to claim any of the general business credits. Note: To claim credits carried over from a prior year, taxpayers must provide details.
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