Instructions For Form 3800 - General Business Credit

empowerment zone or renewal community

Adjustment for the payroll tax

credit on the applicable line of the Part III

employment credit.

credit. A qualified small business that

with box I checked.

claimed the payroll tax credit on Form

A consolidated Part III is only needed

If any of the above apply, multiply Part

6765 must reduce its research credit

when there is more than one Part III with

II, line 14, by 75% (0.75).

carryforward by the amount of the payroll

box A or B checked. More than one box A

tax credit.

All others, skip Part II, lines 18 through

or B means more than one individual letter

25, and enter zero on Part II, line 26.

Line 35

box (for example, if there is more than one

Parts III with box B checked, a

Line 24

Use Part II, line 35, only when you amend

consolidated Part III is needed to reflect

your 2017 return to carry back unused

Enter the applicable passive activity credit

the total of all the boxes B checked) or

credits from 2018. Enter the amount that is

amount for the empowerment zone and

more than one combination of letters (for

reported from line 5 of Part III with box D

renewal community employment credit

example, if there is a box A checked and a

checked.

allowed from Form 8582-CR or Form

box B checked, a consolidated Part III is

8810. The passive activity credit amount

Note. Individuals claiming the research

needed to reflect the total of boxes A and

allowed on Part II, line 24, only applies to

credit from a sole proprietorship or

B).

the empowerment zone and renewal

pass-through entity don't include any

Column (b)

community employment credit reported on

carryback of that credit on Part II, line 35,

Part III, line 3, plus any prior year

before figuring the limitation on Part III,

If you are reporting a credit from a

unallowed passive activity empowerment

line 4i. Include the carryback when figuring

pass-through entity, you must enter that

zone and renewal community employment

the research credit limitation on line 4i of

pass-through entity's employer

credit. See the instructions for the

any Parts III with the applicable box A or B

identification number (EIN) under column

applicable form for details.

checked. Then include the allowable

(b) for that credit.

carryback amount on Part II, line 35. See

If no credits allowed, enter zero on

If you are reporting a credit reported to

the instructions for Part I, line 4, for

line 24.

you on Form 1099-PATR, Taxable

the required statement that must be

Distributions Received From

attached to your tax return.

See the instructions for Part I, line 3, for

Cooperatives, you must enter that

the definition of a passive activity.

Line 38

cooperative's EIN under column (b) for

that credit.

Line 33

If Part II, line 38, is smaller than the sum of

Part I, line 6, and Part II, lines 25 and 36,

A separate Part III will be needed to

Enter the applicable passive activity credit

see

Carryback and Carryforward of

report the EIN of the pass-through entity,

amount for general business credits

Unused

Credit, earlier.

including cooperatives, and the amount of

allowed against TMT and eligible small

credit from that entity, if a credit is

business credits allowed from Form

Part III. General Business

received from more than one source and

8582-CR or Form 8810. See the

Credits or Eligible Small

one of the sources is a pass-through

instructions for the applicable form for

entity, including a cooperative. Column (b)

details.

Business Credits

is only completed for any Part III with box

The passive activity credit amount

Complete a separate Part III for each box

A or B checked.

allowed on Part II, line 33, only applies to

checked. In addition, for each box A or B

Don't enter an EIN under column

the general business credits from Part II,

checked, if you have a credit from more

(b) when completing Part III with

line 32, plus any prior year unallowed

than one source and one of the sources is

TIP

box C, D, or G checked.

passive activity credit from general

a pass-through entity, including a

business credits reported on Part III,

cooperative (see

Column

(b), later), a

line 4, and eligible small business credit.

separate Part III is needed for each

Limitation on Certain Credits

pass-through entity for which you received

If no credits allowed, enter zero on

The aggregate amount from each credit

the same credit. As a result, one checkbox

line 33.

form is usually reported on the appropriate

could have multiple Parts III if you receive

line of Form 3800, Part III, for the

a single credit from multiple pass-through

See the instructions for Part I, line 3, for

applicable boxes A and B, to reflect

entities.

the definition of a passive activity.

self-generated credit sources and all

After you have completed all

Line 34

pass-through entity sources. However,

necessary Parts III, complete Part

certain credits have limitations imposed.

Enter the amount of all carryforwards to

I, if necessary, then Part II.

They include:

CAUTION

2017 of unused credits that are reported

Form 3468, Part III, line 12p—$4,000

from line 5 of Part III with box C checked

Box A Through D and G

limitation for qualified small wind energy

and line 6 of Part III with box G checked.

property (reported on Part III, line 4a);

Check the box that identifies the credit

Note. Individuals claiming the research

Form 8826, line 8—$5,000 limitation for

being reported.

credit from a sole proprietorship or

the overall credit (reported on Part III,

Box I

pass-through entity don't include any

line 1e);

carryforward of that credit on Part II,

Check box I if you are reporting credits on

Form 8881, line 5—$500 limitation for

line 34, before figuring the limitation on

more than one Part III with box A or B

the overall credit (reported on Part III,

Part III, line 1c and line 4i. Include the

checked. You must use a Part III with box I

line 1j); and

carryforward when figuring the research

checked to consolidate the amounts from

Form 8882, line 7—$150,000 limitation

credit limitation on line 1c and line 4i of

all Parts III with box A or B checked.

for the overall credit (reported on Part III,

any Parts III with the applicable box A or B

Consolidate the Parts III with box A or B

line 1k).

checked. Then include the allowable

checked by combining the amounts for

carryforward amount on Part II, line 34.

In situations where there is a limitation

each credit line on each Part III with box A

See the instructions for Part I, line 4,

on the credit amount, the limited amount

or B checked; then, enter the total for each

for the required statement that must

allowed is allocated pro rata and anything

be attached to your tax return.

above the limitation is lost.

Instructions for Form 3800 (2017)

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Instructions For Form 3800 - General Business Credit - 2017 Page 4

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