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Screen PALCrESB - Passive Credit Carryovers - Eligible Small Business (1120)
Overview
Use this screen to enter information necessary to complete Form 8810, Corporate Passive Activity Loss and Credit Limitations.
Passive Credit Carryovers
Passive Credit Carryovers
For passive credits only, enter the amount of the passive activity's eligible small business credit that was suspended in a prior year due to a limitation on Form 8810. The 8810 calculation uses both the current-year credit and carryover information entered in this field to determine both the allowed and disallowed amounts for the current year.