AmyC
Expert Alumni

State tax filing

I am going to assume you are talking about the new pass through entity that allows corporate owners of pass-through entities to claim a nonrefundable income tax credit for your share of the tax paid by the entity.

 

The credit cannot be more than your tax liability. The tax cannot be more than you are claiming. I believe you have entered an amount to claim that exceeds your tax liability.

Reference:

Pass Thru FAQs

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