3800

OMB No. 1545–0895

General Business Credit
Form

Department of the Treasury

䊳 See instructions on pages 3 and 4. 2002
Attachment
䊳 Attach to your tax return.
Internal Revenue Service (99) Sequence No. 22
Name(s) shown on return Identifying number

Part I Tentative Credit

1a Current year investment credit (Form 3468) 1a
b Current year work opportunity credit (Form 5884) 1b
c Current year welfare-to-work credit (Form 8861) 1c
d Current year credit for alcohol used as fuel (Form 6478) 1d
e Current year credit for increasing research activities (Form 6765) 1e
f Current year low-income housing credit (Form 8586) 1f
g Current year enhanced oil recovery credit (Form 8830) 1g
h Current year disabled access credit (Form 8826) 1h
i Current year renewable electricity production credit (Form 8835) 1i
j Current year Indian employment credit (Form 8845) 1j
k Current year credit for employer social security and Medicare taxes paid on certain employee tips (Form 8846) 1k
l Current year orphan drug credit (Form 8820) 1l
m Current year new markets credit (Form 8874) 1m
n Current year credit for small employer pension plan startup costs (Form 8881) 1n
o Current year credit for employer-provided child care facilities and services (Form 8882) 1o
p Current year credit for contributions to selected community development corporations (Form 8847) 1p
q Current year trans-Alaska pipeline liability fund credit (see instructions) 1q
r Current year general credits from an electing large partnership (Schedule K-1 (Form 1065-B)) 1r
2 Current year credit. Add lines 1a through 1r 2
3 Passive activity credits included on line 2 (see instructions) 3
4 Subtract line 3 from line 2 4
5 Passive activity credits allowed for 2002 (see instructions) 5
6 Carryforward of general business credit to 2002. See instructions for the schedule to attach 6
7 Carryback of general business credit from 2003 (see instructions) 7
8 Tentative credit. Add lines 4 through 7 8
Part II Allowable Credit
9 Regular tax before credits (see instructions) 9
10 Alternative minimum tax (see instructions) 10
11 Add lines 9 and 10 11
12a Foreign tax credit 12a
b Credit for child and dependent care expenses (Form 2441, line 11) 12b
c Credit for the elderly or the disabled (Schedule R (Form 1040), line 24) 12c
d Education credits (Form 8863, line 18) 12d
e Credit for qualified retirement savings contributions (Form 8880, line 14) 12e
f Child tax credit (Form 1040, line 50) 12f
g Mortgage interest credit (Form 8396, line 11) 12g
h Adoption credit (Form 8839, line 18) 12h
i District of Columbia first-time homebuyer credit (Form 8859, line 11) 12i
j Possessions tax credit (Form 5735, line 17 or 27) 12j
k Credit for fuel from a nonconventional source 12k
l Qualified electric vehicle credit (Form 8834, line 20) 12l
m Add lines 12a through 12l 12m
13 Net income tax. Subtract line 12m from line 11. If zero, skip lines 14 through 17 and enter -0- on line 18 13
14 Net regular tax. Subtract line 12m from line 9. If zero or less, enter -0- 14
15 Enter 25% (.25) of the excess, if any, of line 14 over $25,000 (see instructions) 15
16 Tentative minimum tax (see instructions) 16
17 Enter the greater of line 15 or line 16 17
18 Subtract line 17 from line 13. If zero or less, enter -0- 18
19 Credit allowed for the current year. Enter the smaller of line 8 or line 18 here and on Form
1040, line 53; Form 1120, Schedule J, line 6d; Form 1120-A, Part I, line 2a; Form 1041, Schedule
G, line 2c; or the applicable line of your return. If line 19 is smaller than line 8, see instructions.
Individuals, estates, and trusts: See instructions if claiming the research credit. C corporations:
See Schedule A if claiming any regular investment credit carryforward and the line 19 instructions
if there has been an ownership change, acquisition, or reorganization 19
For Paperwork Reduction Act Notice, see page 2. Cat. No. 12392F Form 3800 (2002)
Form 3800 (2002) Page 2
Schedule A— Additional General Business Credit Allowed By Internal Revenue Code Section 38(c)(2) (Before
Repeal by the Revenue Reconciliation Act of 1990)—Only Applicable to C Corporations
A corporation (other than an S corporation) may be entitled to a larger general business credit or
additional credit against the AMT if: (a) it is claiming a regular investment credit carryforward on line
6 attributable, in whole or in part, to the regular investment credit under section 46 (before
amendment by the Revenue Reconciliation Act of 1990), (b) some of that investment credit cannot
be used because line 18 is smaller than line 8, and (c) it is required to file Form 4626, Alternative
Minimum Tax—Corporations. Complete Schedule A to see if the corporation is entitled to an
additional credit.
20 Enter the portion of the credit shown on line 6 that is attributable to the regular investment credit
under section 46 (before amendment by the Revenue Reconciliation Act of 1990) 20

21 Tentative minimum tax (from line 16) 21

22 Multiply line 21 by 25% (.25) 22

23 Enter the amount from line 18 23

24 Enter the portion of the credit shown on line 8 that is not attributable
to the regular investment credit under section 46 (before amendment
by the Revenue Reconciliation Act of 1990) 24

25 Subtract line 24 from line 23. If zero or less, enter -0- 25

26 Subtract line 25 from line 20. If zero or less, enter -0- 26

27 For purposes of this line only, refigure the amount on Form 4626, line
11, by using zero on Form 4626, line 6, and enter the result here 27

28 Multiply line 27 by 10% (.10) 28

29 Net income tax (from line 13) 29

30 Enter the amount from line 19 30

31 Subtract line 30 from line 29 31

32 Subtract line 28 from line 31 32

33 Enter the smallest of line 22, line 26, or line 32 33

34 Subtract line 33 from line 21 34

35 Enter the greater of line 15 or line 34 35

36 Subtract line 35 from line 29. Also enter this amount on line 19 instead of the amount
previously figured on that line. Write “Sec. 38(c)(2)” next to your entry on line 19 36

Paperwork Reduction Act Notice. We control number. Books or records Recordkeeping 17 hr., 56 min.
ask for the information on this form to relating to a form or its instructions must Learning about the
carry out the Internal Revenue laws of be retained as long as their contents law or the form 1 hr.
the United States. You are required to may become material in the
give us the information. We need it to administration of any Internal Revenue Preparing and sending
law. Generally, tax returns and return the form to the IRS 1 hr., 19 min.
ensure that you are complying with
these laws and to allow us to figure and information are confidential, as required If you have comments concerning the
collect the right amount of tax. by Internal Revenue Code section 6103. accuracy of these time estimates or
The time needed to complete and file suggestions for making this form
You are not required to provide the
this form will vary depending on simpler, we would be happy to hear from
information requested on a form that is
individual circumstances. The estimated you. See the instructions for the tax
subject to the Paperwork Reduction Act
average time is: return with which this form is filed.
unless the form displays a valid OMB
Form 3800 (2002)
Form 3800 (2002) Page 3

Section references are to the Inter nal half of the following credits may be payments is found by using the same
Revenue Code. taken into account: (a) unused formula used in determining your
investment credit (other than a credit to separate tax liability. Substitute the joint
General Instructions which section 48(q)(3) applies as in estimated tax, or tax paid with the
Who Must File effect prior to repeal by the Revenue return, for the tax in step 5. If the
Reconciliation Act of 1990) and (b) original return for the carryback year
You must file Form 3800 if any of the unused credit for increasing research resulted in an overpayment, reduce your
following apply. activities. contribution by your share of the refund.
1. You have more than one of the Attach a copy of the computation to
Change in Filing or Marital Status
credits listed on lines 1a through 1r. your amended return or application for
2. Any of those credits (other than the Your general business credit is limited to tentative refund.
low-income housing credit) is from a your tax liability. Therefore, if you filed a
passive activity, or you have a carryback joint return in a carryback or Credit Ordering Rule
or carryforward of any of those credits. carryforward year and your marital General business credits reported on
3. You are claiming the trans-Alaska status or filing status has changed, you Form 3800 are treated as used on a
pipeline liability fund credit or general may need to figure your separate tax first-in, first-out basis by offsetting the
credits from an electing large liability in that carryback or carryforward earliest-earned credits first. Therefore,
partnership. year. This would apply if: the order in which the credits are used
If you are not required to file Form ● You filed as single in the credit year, in any tax year is:
3800, file only the applicable credit form but filed a joint return in the carryback ● Carryforwards to that year, the earliest
listed on lines 1a through 1p. or carryforward year; ones first,
The general business credit includes ● You filed a joint return in the credit ● The general business credit earned in
the credits listed on lines 1a through 1r. year, but filed a joint return with a that year, and
It also includes the empowerment zone different spouse in the carryback or ● The carryback to that year.
and renewal community employment carryforward year; or
When relevant, the components of the
credit (Form 8844) and the New York ● You were married and filed a separate general business credit reported on
Liberty Zone business employee credit return in the credit year, but filed a joint Form 3800 arising in a single tax year
(Form 8884), but those credits have return with the same or a different are used in the following order.
special tax liability limits and are not spouse in the carryback or carryforward
year. ● Regular investment credit.
reported on Form 3800. Carrybacks,
Determine your separate tax liability in ● Rehabilitation investment credit.
carryforwards, and passive activity
limitations of those credits are also the carryback or carryforward year as ● Energy investment credit.
figured on Form 8844 or 8884, not Form follows. ● Reforestation investment credit.
3800. 1. Figure your tax for the carryback or ● Work opportunity credit (including any
carryforward year as though you were jobs credit carryforward).
Carryback and Carryforward married filing a separate return. ● Welfare-to-work credit.
of Unused Credit 2. Figure your spouse’s tax in that ● Credit for alcohol used as fuel.
If you cannot use part or all of the credit year as though he or she was married ● Credit for increasing research
because of the tax liability limit (line 19 filing a separate return. activities.
is smaller than line 8), carry the unused 3. Add the amounts in steps 1 and 2. ● Low-income housing credit.
credit back 1 tax year. To carry back an 4. Divide the amount in step 1 by the ● Enhanced oil recovery credit.
unused credit, file an amended return amount in step 3. The result should be ● Disabled access credit.
(Form 1040X, 1120X, or other amended rounded to at least three decimal places.
● Renewable electricity production
return) for the prior tax year or an 5. Multiply the decimal in step 4 by credit.
application for tentative refund (Form the total tax shown on your joint return
1045, Application for Tentative Refund, ● Indian employment credit.
for the carryback or carryforward year.
or Form 1139, Corporation Application The result is your separate tax liability ● Credit for employer social security and
for Tentative Refund). Generally, if you and a carryback or carryforward credit is Medicare taxes paid on certain
file an application for tentative refund, it applied against this amount only. employee tips.
must be filed by the end of the tax year Although your carryback or ● Orphan drug credit.
following the tax year in which the credit carryforward of the credit is limited to ● New markets credit.
arose. your separate tax liability, the amount of ● Credit for small employer pension plan
If you have an unused credit after your refund resulting from the carryback startup costs.
carrying it back, carry it forward to each or carryforward is further limited to your ● Credit for employer-provided child
of the 20 tax years after the year of the share of the joint overpayment. This is care facilities and services.
credit. Any qualified business credits (as found by subtracting your separate tax ● Credit for contributions to selected
defined in section 196(c)) that are liability (as determined above) from your community development corporations.
unused after that 20-year carryforward contribution toward the payment.
period has expired (or at the time a ● Trans-Alaska pipeline liability fund
Unless you have an agreement or credit.
taxpayer dies or goes out of business) clear evidence of each spouse’s
may be taken as a deduction in the first ● General credits from an electing large
contribution toward the payment of the partnership.
tax year following the expiration of the joint liability, your contribution includes
20-year carryforward period (or in the Although these credits are aggregated
the tax withheld on your wages and your
tax year in which the taxpayer’s death or on Form 3800, keep a separate record
share of the joint estimated tax or tax
cessation of business occurs). For of each credit to ensure that no credits
paid with the return. Your share of these
purposes of this special deduction, only or deductions are lost.

Form 3800 (2002)

Form 3800 (2002) Page 4

Specific Instructions unused portion of the credit and a Individuals, estates, and trusts. The
corresponding portion of the 35% amount of the research credit that may
Part I—Tentative Credit reduction. For example, if you are able be included on line 19 is limited to the
to use only half of the credit in 2002, amount of tax attributable to your
Lines 1a—1p carry forward the other half of the credit taxable income from the sole
Complete only the applicable part (lines and half of the 35% reduction. proprietorship or your interest in the
1 through 11 of Form 6478 or Part I of partnership, S corporation, estate, or
all other forms) of the appropriate credit Line 7 trust (pass-through entity) generating the
forms to figure your current year credits. Use line 7 only when you amend your credit. Figure the research credit
Enter the current year credit on the 2002 return to carry back unused credits limitation separately for each business
applicable entry spaces and attach the from 2003. enterprise by using the following
credit forms to your return. formula:
Line 8
Line 1q Taxable income attributable
If this line is zero, skip Part II. to the sole proprietorship or
Attach a statement showing how you your interest in the
figured the section 4612(e) credit. Part II—Allowable Credit pass-through entity
(Line 13 - line 15) ⫻
Line 1r Line 9 Your taxable income for the
Enter the regular tax before credits from year
Enter the total of the amounts shown in
box 7 of the Schedules K-1 (Form the appropriate form or schedule.
1065-B) you received from electing large ● Individuals: Form 1040, line 42. The result figured above is limited to
partnerships. ● Corporations: Form 1120, Schedule J, the excess of line 13 over line 15. If in
line 3; Form 1120-A, Part I, line 1; or the the current tax year you had no taxable
Line 3 income attributable to a particular
applicable line of your tax return.
Enter the credits included on line 2 that business interest, you cannot claim any
● Estates and trusts: The sum of the
are from passive activities. Generally, a research credit this year related to that
amounts from Form 1041, Schedule G,
passive activity is a trade or business in business.
lines 1a and 1b, or the amount from the
which you did not materially participate. If your research credit is limited by the
applicable line of your tax return.
Generally, rental activities are passive above formula, refigure the amount to
activities, whether or not you materially Line 10 enter on line 19 using only the total of
participate. See Form 8582-CR, Passive Enter the alternative minimum tax (AMT) the amount calculated above for the
Activity Credit Limitations, or Form from the following line of the appropriate research credit plus the general business
8810, Corporate Passive Activity Loss form or schedule. credit from other sources. If necessary,
and Credit Limitations, for details. ● Individuals: Form 6251, line 35. follow the Credit Ordering Rule on
● Corporations: Form 4626, line 15. page 3, and take into account any
Line 5
passive activity credit limitations. Write
Enter the passive activity credit allowed ● Estates and trusts: Form 1041, “Sec. 41(g)” on the dotted line next to
for 2002 from Form 8582-CR or Form Schedule I, line 56. line 19.
8810. See the instructions for the
Line 15 Corporations. If the corporation has
applicable form for details.
See section 38(c)(4) for special rules that undergone a post-1986 “ownership
Line 6 apply to married couples filing separate change” (as defined in section 382(g)),
Add all carryforwards to 2002 of unused returns, controlled corporate groups, section 383 may limit the amount of tax
credits that are reported on Form 3800. regulated investment companies, real that may be offset by pre-change
estate investment trusts, and estates general business credits. Also, if a
For each credit, attach a detailed
and trusts. corporation acquires control of another
computation showing (a) the tax year
corporation (or acquires its assets in a
the credit originated, the amount of the Line 16 reorganization), section 384 may limit the
credit, and the amount allowed for that
Although you may not owe AMT, you amount of tax attributable to recognized
year; (b) for each carryback year, the
generally must still compute the built-in gains that may be offset by
year and the amount of the credit
tentative minimum tax (TMT) to figure pre-acquisition general business credits.
allowed after you applied the carryback;
your credit. For a small corporation If either of these limitations apply, attach
and (c) for each carryforward year, the
exempt from the AMT under section a computation of the allowable general
year and the amount of the credit
55(e), enter zero. Otherwise, complete business credit, enter the amount on line
allowed after you applied the
and attach the appropriate AMT form or 19, and write “Sec. 383” or “Sec. 384”
carryforward.
schedule and enter on line 16 the TMT in the margin next to your entry on line
You must reduce by 35% the portion from the following line of that form or 19.
of the business credit carryforward schedule.
attributable to sections 46(a)(1) regular
investment credit and 46(b)(2)(C) and (D) ● Individuals: Form 6251, line 33.
business energy investment credit (as in ● Corporations: Form 4626, line 13.
effect prior to the repeal of these three ● Estates and trusts: Form 1041,
sections by the Revenue Reconciliation Schedule I, line 54.
Act of 1990). Include the reduced credit
Line 19
on line 6. Do not reduce any portion of
the credit attributable to qualified timber If line 19 is smaller than line 8, see
property. If you cannot use all of the Carryback and Carryforward of
reduced credit because line 18 is smaller Unused Credit on page 3.
than line 8, carry forward to your next
tax year in the carryforward period the

Form 3800 (2002)