MichaelG81
Expert Alumni

State tax filing

Yes, the carry forward will show on that Form 8396 that will be printed/saved for you in tax file after or right before filing. The good thing about using TurboTax or uploading your previous year income tax lets us know what is being carried forward and how much we can use based on how much you owe and what was present last year. You may still have a Carry Forward to next year once you do save print your forms, it will be detailed in Form 8396 and shows you amounts right after you Start or Update your MCC. 

 

Also, as you see on the form 8396 it calculates the carry forward from the previous years and adds it to this years credit amount to give you a total of your credit. I got this with some info inputted.

 

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