1040-IN: Nonrefundable credit carryforward

Alerts and notices

Nonrefundable credits calculate against state income tax on Schedule 6 or Schedule G in the following order:

  1. Schedule CC-40 credit
  2. Credit for taxes paid to other states and countries
  3. Schedule IN-529 credit
  4. Adoption Credit
  5. Public School Educator Expense Credit
  6. Other credits reportable on Schedule 6 or Schedule G based on the order that they appear in the Other credits statement dialog on Screen INCr
  7. Credits with 4-digit code reportable on Schedule IN-OCC based on the order in which they appear in the Other credits statement dialog on Screen INCr
  8. Credits with 3-digit code reportable on Schedule IN-OCC based on the order in which they appear in the Other credits statement dialog on Screen INCr
  9. Community Revitalization Enhancement District Credit

Nonrefundable credits are limited to the amount of state income tax available after considering previous credits. Use the Other credits statement in the INCr screen to calculate nonrefundable credits you have not entered elsewhere and to track nonrefundable credit carryovers to next year. Use the following fields as needed:

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