- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Multiple General Business Credit Carryforwards
I have low income housing carryforward general business credits from 3 investments. I have run into 2 issues with Turbotax.
1. On Form 3800 the IRS requires a detailed breakdown of the credits on an attached statement; however, Turbotax does not allow supporting statements on this line. I could type the information on a Word document, but then I couldn't e-file.
2. On Pg 4 of the Form 3800 Worksheet where the information is entered, Turbotax will only allow a single entry for the same type of credit. So I'm forced to roll all the credits into a single entry with a single Employer Identification Number, which is not correct.
Any thoughts on how to get around these issues?
‎April 7, 2022
11:53 AM