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Deductions & credits
I don't see what is unclear. There is NOTHING in the Code that indicates the carryover credit expires. The "applicable percentage" for the original credit is based on the "placed in service date", not when the residual credit is used.
Obviously things could always change, but as of now, the Code has NO indication that it would expire.
‎June 16, 2020
7:10 AM
5,041 Views