Screen ALCr - Alabama Credits (1040)

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Overview

Use this screen to complete the Schedule OC - Other Available Credits and the Capital credit on Schedule NTC.

Schedule OC Credits

Use this section to complete various other credits on the Form Schedule OC.
Department of Education certification number / ... / Total expenses available for credit
Use these fields to enter information to complete the Basic Skills Education Credit section of Form Schedule OC.
note
You
will need to
make an entry in
Total expenses available for credit
in order for this credit to calculate.
Hospital / Community where services provided
Use these fields to enter information to complete the Rural Physician Credit section on the Form Schedule OC.
note
You
will need to
make an entry in
Hospital where services provided
in order for this credit to calculate.
Coal Credit
Enter the amount of the allowable coal credit.
Enterprise Zone credit
Enter the amount of the allowable Enterprise Zone credit.
Full time employees ... / ... / Pro rata share of credit from Schedule K-1
Use these fields to complete the Full Employment Act of 2011 credit. If a pro rata share of the credit is being claimed from a passthrough entity, enter the EIN and amount in the pro rata share of credit from Schedule K-1 subschedule.
Deployed unemployed veterans ... / Pro rata share of credit ...
Use these fields to complete the Employee Credit section of the Heroes for Hire Tax Credit Act. If a pro rata share of the credit is being claimed from a passthrough entity, enter the EIN and amount in the pro rata share of credit from Schedule K-1 subschedule.
Business name / ... / Pro rata share of credit from Schedule K-1
Use these fields to complete the Business Start-up Expenses Credit section of the Heroes for Hire Tax Credit Act. If a pro rata share of the credit is being claimed from a passthrough entity, enter the EIN and amount in the pro rata share of credit from Schedule K-1 subschedule.
Entity name / ... / Pro rata share of tax due the foreign country ...
Use these fields to complete the Credit for Taxes Paid to Foreign Country on Form Schedule OC.
Infrastructure authority district name / ... / Amount of assessment paid
Use these fields to complete the Neighborhood Infrastructure Incentive Plan Credit section of Schedule OC.

Capital Credit

Use these fields to complete the Capital credit on Schedule NTC.

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