LongBeachCPA
Level 1
‎12-05-2023 04:59 PM

All we have is an unused Res. Cr. Carryover from 2021 to 2022. no current year 2022 credits.

When entered in Scrn-34 as a ESB Credit carryover. It computes an "allowable" credit amount per Sec. 41(g) AND a lot more.  Not really clear what I am missing. 

Look forward to insight.

Thanks so Much.

 

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strongsilence
Level 11
‎12-07-2023 11:17 AM

I have read this twice and I'm a little confused:

You implied that you entered it twice when you wrote "when entered in Screen 34". So why was that needed if it was carried forward?

 

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PhoebeRoberts
Level 11
Level 11
‎12-07-2023 11:34 AM

This is how mine proforma:

Screenshot 2023-12-07 113333.jpg

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