I have a K-1 with Boston Capital for low income housing. I originally invested $40,000. I got approx $37,500 in tax credits. I have discovered that I have not taken approx $10,225 of that amount. According to Boston Capital, I am able to carry that credit forward for up to 20 years from origination date, which was 2006. My 2018 tax credit allowed without any carry forward was only $6. So, I took a big hit to my tax liability. Given that I have
approx $10,225 in carry forward credits, where do I report a portion of that to amend my 2018 return to receive a refund of the $1775 I paid in 2018 taxes that I should not have had to pay. Please be specific with the form and line# and check-box I need to do to enter a portion of that $10,225 to receive an amended $1775 of those taxes. Thank you. Please reply asap.
