Oak Corporation holds the following general business credit carryovers скачать в хорошем качестве

Oak Corporation holds the following general business credit carryovers

Oak Corporation holds the following general business credit carryovers 2015 $14,000 2016 42,000 2017 15,000 2018 46,000 Total carryovers $117,000 Oak’s general business credit generated by 2019 activities equals $93,600 and the total credit allowed during the current year is $168,000 (based on tax liability). a. Enter the amount (if any) of each year's carryover utilized in 2019. Year Amount of Carryover Utilized 2015 $ 2016 $ 2017 $ 2018 $ 2019 $ b. What is the amount of any unused credits carried forward to 2020? If you want a copy of this answer or If you need help with any other question, then Subscribe to the channel and let us know in the comment section.