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NC geothermal tax credit.
Last years tax for North Carolina (2017) involved forms D-400TC and NC-478 in order to enter the penultimate geothermal tax credit. 2018 is the last year for this tax credit which is $1286 (50% of $3433). How do I add these two forms to Turbo Tax premium in order to use this tax credit. Seems that there is no way to do that which leave me wondering why I even bothered to try Turbo Tax for the first time this year!
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June 4, 2019
6:41 PM
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State tax filing
This credit can be entered in your North Carolina state return from the screen titled "Take a look at North Carolina Credits and Taxes". Scroll down until you see Series 478 credits. Select this option and then you can enter your carry forward credit amount. See the sample screenshot attached.
June 4, 2019
6:41 PM