My little tip:
Form 3800 alone cannot automatically calculate the current year credit unless you have Form 6765 filled out first on Line 24 - 34 om Section B, and Line 36 and 38 in Section C (Current Year Credits). The data on Line 38 must be transferred from 6765 to Form 3800, particularly on Line 34 in Part II, and column C of 4i, Line 35 and 36 in Part III. Finally, on Form 3800, compare the number (the current year credit) on Line 36 with the Net Income on Line 37. If Line 37 is 0, the Credit Allowed for the Current Year on Line 38 is 0.
If you don't have Form 6765 filled out first and transfer the numbers to Form 3800, the final result on Form 3800 won't be accurate.
Hope this tip helps!
