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Deductions & credits
you can carry your excess credit back one year (voluntary) or forward up to 10 years. After 10 years, the credit carryover will expire and cannot be used.
if you don't carryback, carryforward is automatic. there is no form or election.
when you roll 2023 to 2024 Turbotax will automatically pick up the unused amount and should ask if about carryover
‎September 22, 2024
11:36 PM