General Business Credit limited by AMT


P

Pico Rico

Does taxpayer need to file form 3800 to document the credit she hopes to use
by carrying over to future years? Will form 3800 be needed every year until
the credit is able to be used (no longer limited), to keep it documented?
 
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A

Alan

Does taxpayer need to file form 3800 to document the credit she hopes to use
by carrying over to future years? Will form 3800 be needed every year until
the credit is able to be used (no longer limited), to keep it documented?
I don't know any other way to keep track (for you and the IRS) of the 20
year carry forward limitation.
 

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