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Level 2
December 5, 2023
Question

2022 Individual Research Credits Input

  • December 5, 2023
  • 2 replies
  • 13 views

All we have is an unused Res. Cr. Carryover from 2021 to 2022. no current year 2022 credits.

When entered in Scrn-34 as a ESB Credit carryover. It computes an "allowable" credit amount per Sec. 41(g) AND a lot more.  Not really clear what I am missing. 

Look forward to insight.

Thanks so Much.

 

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2 replies

Level 10
December 7, 2023

I have read this twice and I'm a little confused:

You implied that you entered it twice when you wrote "when entered in Screen 34". So why was that needed if it was carried forward?

 

PhoebeRoberts
Intuit Community Champion
December 7, 2023

This is how mine proforma: