TaxGuyBill
Level 15
02-28-2024
04:33 PM
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@catherine3 wrote:
Is my client's tax credit being deferred to 2024 because it is not applied against self-employment taxes?
What item did they purchase that qualifies for the credit? If it is on page 2 of the 5695, the credit will NOT be carried to next year. Only credits on page one qualify to be carried to future years.