Following the guide under applying credit (Federal). I have followed the previous steps and have calculated the adjusted taxes and credit due.
Could someone help regarding step 5 and 6.
Step:
5) Enter the adjusted amount of tax paid on line H, Other payments or credits
6) Enter the credit amount you calculated on line E, Claim of Right, IRC 1341 credit for repayments of prior year income
Are we supposed to enter either step 5 or 6 or both?
What is the difference between step 5 and 6?
It seems to me that step 6 is all that is needed and leaving step 5 blank is appropriate.
Thanks.
