To show an amount of the unused credit on Line 12 of Form 4255, follow these steps:
- Go to Screen 35.1, Additional Taxes.
- Scroll to the Recapture of ITC subsection.
- Select the icon to expand the input window and enter an amount in the field Form 4255 [O].
Form 4255 flows to the Form 1120, Page 3 and Schedule K, Line 9a, and then to Form 1120, Page 1, Line 31.