
Get the free 2003 Form 8328. Carryforward Election of Unused Private Activity Bond Volume Cap
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Form 8328 (Rev. 12003) Page 2 A Change To Note Specific Instructions Form 8328 has been revised for use by states to compute and carry forward unused volume cap for qualified public educational facility
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What is form 8328 carryforward election?
Form 8328 carryforward election is a form used by taxpayers to elect to carry forward unused foreign tax credits to future tax years.
Who is required to file form 8328 carryforward election?
Taxpayers who have unused foreign tax credits and wish to carry them forward to future tax years are required to file form 8328 carryforward election.
How to fill out form 8328 carryforward election?
To fill out form 8328 carryforward election, taxpayers must provide information on their unused foreign tax credits and indicate the tax year to which they wish to carry them forward.
What is the purpose of form 8328 carryforward election?
The purpose of form 8328 carryforward election is to allow taxpayers to carry forward unused foreign tax credits to future tax years, thereby reducing their tax liability.
What information must be reported on form 8328 carryforward election?
Taxpayers must report their unused foreign tax credits and specify the tax year to which they wish to carry them forward on form 8328 carryforward election.
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