Question
Previous year ITC and AIIP.
I am getting a warning saying that in order to correctly calculate the gross up for additions that qualify as AIIP, I must enter any adjustments to cost directly against current year AIIP additions. Help!!
The previous year my client had Investment tax credits of $5871.69. I am not sure what to do and I cannot find any examples in how this is done.
Would I just override the cost of additions to equipment by that amount?
