Line 7 is all the credit you have available to use and line 9 is the credit you are able to use based on your tax liability. If your tax liability was $1000 for example on the form you provided, then you would have a carryover of $1000 to the next year because line 9 is less than line 7.
Part II is used to figure that carryforward to 2022. TurboTax will complete the form and math based on your entries.
The next year you would need to find this form in your tax documents to see the carryforward when asked in the MCC interview.
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