Use Tax Form 3800: General Business Credit as a stand alone tax form calculator to quickly calculate specific amounts for your 2024 tax return. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.
General Business Credit Part I Current Year Credit for Credits Not Allowed Against Tentative Minimum Tax (TMT) Name(s) shown on return Identifying number 1 General business credit from line 2 of all Parts III with box A checked 1 2 Passive activity credits from line 2 of all Parts III with box B checked 2 3 Enter the applicable passive activity credits allowed for 2016 (see instructions) 3 4 Carryforward of general business credit to 2016. Enter the amount from line 2 of Part III with box C checked. See instructions for statement to attach 4 5 Carryback of general business credit from 2017. Enter the amount from line 2 of Part III with box D checked (see instructions) 5 6 Add lines 1, 3, 4, and 5 6 Part II Allowable Credit 7 Regular tax before credits: 7 8 Alternative minimum tax: 8 9 Add lines 7 and 8 9 10a Foreign tax credit 10a b Certain allowable credits (see instructions) 10b c Add lines 10a and 10b 10c 11 Net income tax. Subtract line 10c from line 9. If zero, skip lines 12 through 15 and enter -0- on line 16 11 12 Net regular tax. Subtract line 10c from line 7. If zero or less, enter -0- 12 13 Enter 25% (.25) of the excess, if any, of line 12 over $25,000 (see instructions) 13 14 Tentative minimum tax: 14 15 Enter the greater of line 13 or line 14 15 16 Subtract line 15 from line 11. If zero or less, enter -0- 16 17 Enter the smaller of line 6 or line 16 17 Part II Allowable Credit (Continued) Note: If you are not required to report any amounts on lines 22 or 24 below, skip lines 18 through 25 and enter -0- on line 26. 18 Multiply line 14 by 75% (0.75) (see instructions) 18 19 Enter the greater of line 13 or line 18 19 20 Subtract line 19 from line 11. If zero or less, enter -0- 20 21 Subtract line 17 from line 20. If zero or less, enter -0- 21 22 Combine the amounts from line 3 of all Parts III with box A, C, or D checked 22 23 Passive activity credit from line 3 of all Parts III with box B checked 23 24 Enter the applicable passive activity credit allowed for 2016 (see instructions) 24 25 Add lines 22 and 24 25 26 Empowerment zone and renewal community employment credit allowed. Enter the smaller of line 21 or line 25 26 27 Subtract line 13 from line 11. If zero or less, enter -0- 27 28 Add lines 17 and 26 28 29 Subtract line 28 from line 27. If zero or less, enter -0- 29 30 Enter the general business credit from line 5 of all Parts III with box A checked 30 31 Reserved 31 32 Passive activity credits from line 5 of all Parts III with box B checked 32 33 Enter the applicable passive activity credits allowed for 2016 (see instructions) 33 34 Carryforward of business credit to 2016. Enter the amount from line 5 of Part III with box C checked and line 6 of Part III with box G checked. See instructions for statement to attach 34 35 Carryback of business credit from 2017. Enter the amount from line 5 of Part III with box D checked (see instructions) 35 36 Add lines 30, 33, 34, and 35 36 37 Enter the smaller of line 29 or line 36 37 38 Credit allowed for the current year. Add lines 28 and 37. 38 Name(s) shown on return Identifying number Part III General Business Credits or Eligible Small Business Credits (see instructions) Complete a separate Part III for each box checked below (see instructions). A B C D E F G H I If you are filing more than one Part III with box A or B checked, complete and attach first an additional Part III combining amounts from all Parts III with box A or B checked. Check here if this is the consolidated Part III ▸ (a) Description of credit (b) (c) Enter the appropriate amount 1a Investment (Form 3468, Part II only) (attach Form 3468) /td>1a b Reserved 1b c Increasing research activities (Form 6765) 1c d Low-income housing (Form 8586, Part I only) 1d e Disabled access (Form 8826) (see instructions for limitation) 1e f Renewable electricity, refined coal, and Indian coal production (Form 8835) 1f g Indian employment (Form 8845) 1g h Orphan drug (Form 8820) 1h i New markets (Form 8874) 1i j Small employer pension plan startup costs (Form 8881) (see instructions for limitation) 1j k Employer-provided child care facilities and services (Form 8882) (see instructions for limitation) 1k l Biodiesel and renewable diesel fuels (attach Form 8864) 1l m Low sulfur diesel fuel production (Form 8896) 1m n Distilled spirits (Form 8906) 1n o Nonconventional source fuel (carryforward only) 1o p Energy efficient home (Form 8908) 1p q Energy efficient appliance (carryforward only) 1q r Alternative motor vehicle (Form 8910) 1r s Alternative fuel vehicle refueling property (Form 8911) 1s t Reserved 1t u Mine rescue team training (Form 8923) 1u v Agricultural chemicals security (carryforward only) 1v w Employer differential wage payments (Form 8932) 1w x Carbon dioxide sequestration (Form 8933) 1x y Qualified plug-in electric drive motor vehicle (Form 8936) 1y z Qualified plug-in electric vehicle (carryforward only) 1z aa New hire retention (carryforward only) 1aa bb General credits from an electing large partnership (Schedule K-1 (Form 1065-B)) 1bb zz Other. Enhanced oil recovery (Form 8830) and certain other credits 1zz 2 Add lines 1a through 1zz and enter here and on the applicable line of Part I 2 3 Enter the amount from Form 8844 here and on the applicable line of Part II 3 4a Investment (Form 3468, Part III) (attach Form 3468) 4a b Work opportunity (Form 5884) 4b c Biofuel producer (Form 6478) 4c d Low-income housing (Form 8586, Part II) 4d e Renewable electricity, refined coal, and Indian coal production (Form 8835) 4e f Employer social security and Medicare taxes paid on certain employee tips (Form 8846) 4f g Qualified railroad track maintenance (Form 8900) 4g h Small employer health insurance premiums (Form 8941) 4h i Increasing research activities (Form 6765) 4i j Reserved 4j z Other 4z 5 Add lines 4a through 4z and enter here and on the applicable line of Part II 5 6 Add lines 2, 3, and 5 and enter here and on the applicable line of Part II 6z