Hi, that solution does not solve the problem. It solves half the issue, it gives the $1500 credit for 2024 but incorrectly makes me loose the remaining credit I would have in 2025.
I have $3000 credit remaining to use in 2024. That would result in $1500 used in 2024 and leave $1500 remaining to be used in 2025. The suggested solution does not leave me any credit for next year. For what it is worth TurboTax did "available" and "used this year" and "remaining" analysis correctly in 2022 and 2023. For instance the 2023 Form SC produced by turbo tax did show $4500 available, $1500 used, $3000 remaining for use 2024
Just a reminder since I started in 2022, I can only take $1500 per year so taking the $3000 available all at once in 2024 as the software is doing now is not allowable.
see below:
tax year 2022 $6000 credit available of which $1500 is used leaving $4500 to be used in tax year 2023
tax year 2023 $4500 credit available of which $1500 is used leaving $3000 to be used in tax year 2024
tax year 2024 $3000 credit available of which $1500 is used leaving $1500 to be used in tax year 2025
tax year 2025 $1500 credit available all of which will be used and the full septic credit will have been taken at that point.
Please help, I have found no solution that gives both the correct "Used this year " and "Remaining available for next year" values in Form SC .
Thanks, look forward to hearing from you.
