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WORKSHEET for University Deferred Maintenance Credit (K85) This credit available only through electronic filing. For the taxable year beginning, 20 ; ending, 20. Name of taxpayer (as shown on return)
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This credit is available only for small businesses.
Small businesses with less than 50 employees are required to file this credit.
The credit can be filled out online through the IRS website or by submitting Form 1040.
The purpose of this credit is to provide financial assistance to small businesses.
Information such as total revenue, number of employees, and any previous tax credits received must be reported.
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