Instructions For Schedule 355u-Cs - Credits Shared From Other Members (Page 3 of 3) in pdf

Instructions For Schedule 355u-Cs - Credits Shared From Other Members Page 3

Enter the total amount of credits that were generated by the contributing member that are

Line 2.

being used by the member filing Schedule U-CS.

If the member is filing more than one Schedule U-CS, the member must add the totals of each

respective credit claimed and the totals for each such credit shared must be entered on the

appropriate lines of Schedule U-IC. The total of the line 2 amounts on all the member’s

Schedules U-CS relating to EDIPC, EOAC, ITC, VP or BC must be reported on Schedule U-IC,

line 15. The total of the line 2 amounts relating to the research credit must be reported on Schedule

U-IC, line 20 and the total of the line 2 amounts for all other credits to be shared must be reported

on Schedule U-IC, line 37.

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Instructions For Schedule 355u-Cs - Credits Shared From Other Members Page 3