IRS Form 3800 walkthrough (General Business Credit)

Partnerships and S corporations must always complete the source credit form.
All other filers whose only source for a credit listed in Form 3800, Part III, is from a partnership, S corporation, estate, trust, or cooperative can report the credit directly on Form 3800.

The following exceptions apply.
• You are claiming the investment credit (Form 3468) or the biodiesel, renewable diesel, or sustainable aviation fuel credit (Form 8864) in Part III with box A or B checked.
• You are an estate or trust and the source credit must be allocated to beneficiaries. For more details, see the Instructions for Form 1041, U.S. Income Tax Return for Estates and Trusts, Schedule K-1, box 13.
• You are a cooperative and the source credit can or must be allocated to patrons. For more details, see the Instructions for Form 1120-C, U.S. Income Tax Return for Cooperative Associations, Schedule J, line 5c.

Who Must File
You must file Form 3800 to claim any of the general business credits.

[GEOPH]

Great video. I look forward to the 2023 form 3800 walkthrough!!

[lakecountryaestheticsllc]

Thank you for your service. How do we file this form once it's complete, if filing as sole prop? Thank you again!

[MrSaghezi]

Do you report commerical EV that is under S-corp on form 3800? Also it is not subject to AGI requirements?

[amallona]

The research tax credit election would result in Part 1 having all '0' because box G is checked. However, that then makes f6765 Line 44 = 0, which suggest no payroll tax credit. MIssing something?

[AmirNia-hzys]

Hi, If someone have a credit from Part 3-1r of their last tax year that they didn't use in this tax year, do they need to fill out Form 3800 again?

[theanimeaccountant]

Good Afternoon,
Would I use this form for the employer contribution tax credit?