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. You subtract this credit directly from your tax.
- Business Credits
Energy credit.
Reforestation credit.
Rehabilitation credit.
- How To Claim the Credit
Useful Items - You may want to see:
Publication
954 Tax Incentives for Distressed Communities
Form (and Instructions)
3800 General Business Credit
6251 Alternative Minimum Tax - Individuals
See IRS Forms and Publications for information about getting publications and forms.
Information courtesy of the Internal Revenue Service.
