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990FormOMB No. 15450047Return of Organization Exempt From Income Tax2018Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
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Carry form load refers to the reporting requirement for certain tax credits or deductions that individuals or businesses need to carry forward from previous years to the current tax year.
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Individuals or businesses that have carryover amounts from prior years related to specific tax credits or deductions are required to file carry form load.
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To fill out carry form load, you will need to gather your previous year's tax information, identify the credits or deductions being carried over, and complete the form by accurately reporting those amounts.
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The purpose of carry form load is to allow taxpayers to utilize unused credits or deductions from previous years to offset current year tax liabilities, ensuring they receive the full benefit of available tax relief.
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Information that must be reported includes the type of credit or deduction being carried over, the amount from previous years, and any relevant calculations that support the carryover amounts.
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