Schedule 1299-C - Income Tax Subtractions And Credits (For Individuals) - 2003 Page 3

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Step 5: Figure your credit available to be carried forward
To figure each credit amount,
at the first applicable line for each credit.
52
Two-year credit carryforward that is available for one more tax year
• If Line 38 is positive or zero, write zero here. You do not have any credit from this year to carry.
• If Line 36 is negative, write the amount from Line 37 here.
52
• If Line 38 is negative, write the amount as a positive number here.
53
Five-year credit carryforward that is available for one more tax year
If Line 40 is positive or zero, write zero here. You do not have any credit from this year to carry.
• If Line 38 is negative, write the amount from Line 39 here.
53
• If Line 40 is negative, write the amount as a positive number here.
54
Two-year credit carryforward that is available for the next two tax years
• If Line 48 is positive or zero, write zero here. You do not have any credit from this year to carry.
• If Line 46 is negative, write the amount from Line 47 here.
54
• If Line 48 is negative, write the amount as a positive number here.
55
Five-year credit carryforward that is available for the next two tax years
• If Line 42 is positive or zero, write zero here. You do not have any credit from this year to carry.
• If Line 40 is negative, write the amount from Line 41 here.
55
• If Line 42 is negative, write the amount as a positive number here.
56
Five-year credit carryforward that is available for the next three tax years
• If Line 44 is positive or zero, write zero here. You do not have any credit from this year to carry.
• If Line 42 is negative, write the amount from Line 43 here.
56
• If Line 44 is negative, write the amount as a positive number here.
57 F
ive-year credit carryforward that is available for the next four tax years
• If Line 46 is positive or zero, write zero here. You do not have any credit from this year to carry.
• If Line 44 is negative, write the amount from Line 45 here.
57
• If Line 46 is negative, write the amount as a positive number here.
58 F
ive-year credit carryforward that is available for the next five tax years
• If Line 50 is positive or zero, write zero here. You do not have any credit from this year to carry.
• If Line 48 is negative, write the amount from Line 49 here.
58
• If Line 50 is negative, write the amount as a positive number here.
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Schedule 1299-C (R-12/03)
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