Schedule KRCC print requirements

To print, calculate, or suppress Schedule KRCC, Alabama Carryforward Credits Claimed:

Go to Organizer
, States
, Alabama
folder.

Select Return Options
, then go to Print Suppression
section, line KRCC. Suppress print and e-file for all KRCCs must be unselected.

Select General Credits
, then go to Income Tax Capital Credit
section, select Yes
and choose line KRCC Issued
.

Go to Proj/Dist Share of Capital Credit
folder.

Select Add New Project Number
, enter name, then go to Capital Credit Information
section and enter the amount in line.

Do a full recompute and refresh the print.

note

The form is for only 1120S S-Corporation.

This article applies to: