ThomasM125
Expert Alumni

Deductions & credits

If it is taxed as a regular corporation ("C" corporation) then the corporation would take any energy credit on the corporate tax return. If it is a small business corporation ("S" corporation), any credit you would be entitled to would be reflected on the schedule K-1 you would receive from the company each year. You would enter that into TurboTax to report your share of company income, deductions and credits.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"