Form 20c - Schedule Bc Business Credits - 2016 Page 5
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5160011BC
Alabama Department of Revenue
Business Credits
5
PAGE
ALABAMA SCHEDULE BC – 2016
ATTACH TO FORM 20C
NAME(S) AS SHOWN ON FORM 20C
FEDERAL EMPLOYER IDENTIFICATION NUMBER
SECTION D
Credit Carry Forward Prior Years
For each carryforward available for utilization listed below, repeat the steps that follow: Subtract the Remaining Tax to be Offset (Section C, Part P, Column 6) from the Amount Available to use this Period (Section
D, Column 5). If the Remaining Tax to be Offset is less than or equal to the Amount Available to use this Period, enter the Remaining Tax to be Offset in Column 6 and enter the excess of the Amount Available to
use this Period in Column 7. If the Remaining Tax to be Offset is greater than Section D, Column 5, enter the Amount Available to use this Period in Column 6 and enter the difference of the Remaining Tax to be
Offset and the Amount used this Period in Column 8, then proceed to the next available prior year credit. For the remaining rows, the Amount used this Period in Column 6 is limited to the Remaining Tax to be Offset
in Column 8 of the preceding row.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Column 8
Year Carryforward Generated
Amount used in years
Amount available to use
Remaining unused Credit
Remaining Tax
Type of Credit
MM/DD/YYYY
Amount of Credit
prior to this Period
this Period (Col. 3 – Col. 4)
Amount used this Period
Carryforward (Col. 5 – Col. 6)
to be Offset
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1.
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2.
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3.
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4.
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5.
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6.
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7.
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8.
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9.
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10.
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Total Prior Year Credit Carryfoward . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SECTION E
TOTAL CREDITS
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E1 Current Year Credits. Total Current Credits, Section C, Column 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E1
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E2 Prior Year Credits. Total Prior Year Credit Carry Forward, Section D, Column 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E2
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E3 Total Credits Utilized in the Current Period. Add lines E1 and E2. Enter the results here and on Form 20C, page 1, line 16f. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E3
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