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How do you manually adjust the research credit on Form 3800 that is from a pass through entity. It is limited due to the particular business had no 2019 taxable income.

drg
Level 1
 
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linette
Level 5

Not sure if this applies as it is not the same credit, but I have a 3800 credit that carries forward from year to year on the personal return and it takes income limits to use.

each year in proseries I have to go to the 3800 form and give it the information for the carryforward.

I have already done it for 2019 so I am not sure if I get some kind of error message, or if anything is carried to the 3800 from the year before.  What I do know is that if it is carried forward it is not carried forward accurately so i just have the note in my file to copy information from the year before until the credit is lost or used.

Does this help?

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coralli
Level 2

I have the same question....

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qbteachmt
Level 15

@coralli 

You asked this as your own question, here:

https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/how-to-manually-adjust-...

 

And you are being replied to, there, as well. So, you should continue your discussion there, on your own topic, and not this topic from tax year 2019.

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