Quote:
Originally Posted by JaniceBrasil  right. the way i was told is that you get the full amount back if you file it the right year like for us if we finalize by the end of the year we can claim it in next years taxes if we finalize it next year it goes on the year after its not retroactive. is that what you meant? |
yes, it will roll over for an additional 5 years(6 years total) until it is used up. and you'll be happy to know the if you will be claiming this year as your first year, the credit is just over 12000 now.