TurboTax will not automatically carryforward your South Carolina solar tax credit because it is calculated on a non-supported form (SC SCH.TC-38), which has to be added manually each year. Therefore, TurboTax doesn't know the amount to carry forward.
To add your carryforward:
- Click State in the left column
- Continue to South Carolina
- Keep going until you reach Take a look at South Carolina credits and taxes
- START/REVISIT South Carolina Other Non-refundable Credits
- Skip Have Any of These Credits? (Credits List: A-D)
- Skip Have Any of These Credits? (Credits List: E-N)
- Skip Have Any of These Credits? (Credits List: P-R)
- On Have Any of These Credits? (Credits List: S-W). select Solar Energy Credit and CONTINUE
- Enter the amount from your manually calculated Form SCH.TC-38. This credit is limited to the lesser of $3,500 per facility or 50% of your tax liability.
Read more: I would like to file my South Carolina state returns electronically. But, i don't see a way to attac...
