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Deductions & credits
I see this statement in the form: ". The credit is allowed each year for up to the first five years", which means, I can claim $5000 credit for each year I worked in OK in that sector for up to the first five years. However, if I work in OK in the same sector continuously for up to 10 years, then I can only use this $5000 credit for each year for the first five years. I will not be allowed to claim this $5000 credit in the 6th and any years afterwards.
I could see nowhere says that I can't claim the credit in consecutive years. I am sorry, but can we clarify this further?
‎February 2, 2025
5:06 PM