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Begin with Line 2a, where you will enter the amount of federal investment credit that is not attributable to Alaska property. Ensure you understand the limitations set by AS 43.20.036(b).
Proceed to Line 2b, noting that Alaska does not allow certain credits such as backup withholding and employer social security credits. Make sure to review the exclusions carefully.
For Line 4, utilize Form 6395 to calculate general business credits from passive activities and enter the amount from Form 6395, line 17.
On Line 9, document any unused federal-based credits that can be carried forward. Attach a detailed schedule showing these credits by year generated and used.
Complete Line 10 by indicating any unused federal-based credits eligible for carryback, again attaching a supporting schedule.
Finally, ensure all necessary schedules are attached for Lines 21, 26a–26b, and 27 as per previous instructions.

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Versions	Form popularity	Fillable & printable
2022	4.6 Satisfied (20 Votes)
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2020	4.8 Satisfied (107 Votes)
2020	4.2 Satisfied (74 Votes)
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