micropayments
Returning Member

Is the "Investment Tax Credit for Property Placed in Service in 2021" the same as the business expenses on Schedule C?

I have a Schedule C on my Federal Taxes for Business Income/Business Expenses for crypto hardware purchased/put in service in 2021.

 

I am on the State Taxes section and looking at the part where it says, "Investment Tax Credit for Property Placed in Service in 2021". Is this the same as the Business Expenses/Crypto Hardware from my Schedule C?