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Oak Corporation has the following general business credit carryovers: The general business credit generated by activities during 2022 equals $98,400 and the total credit allowed
Oak Corporation has the following general business credit carryovers: The general business credit generated by activities during 2022 equals $98,400 and the total credit allowed during the current year is $177,000 (based on tax liability). a. Enter the amount (if any) of each year's carryover utilized in 2022. b. What is the amount of any unused credits carried forward to 2023 ? Oak Corporation has the following general business credit carryovers: The general business credit generated by activities during 2022 equals $98,400 and the total credit allowed during the current year is $177,000 (based on tax liability). a. Enter the amount (if any) of each year's carryover utilized in 2022. b. What is the amount of any unused credits carried forward to 2023
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