Section 05 - Field Descriptions

Section 05 Fields are located in Form 990-T.

All Fields for Section 05 are dollars only and positive only.

Listed below are the Fields contained in Section 05 showing the Field designator, title, location on the return, and maximum length:

No.

Field

Field Title

Location

Edit Sheet

Max Length

051A

Foreign Tax Credit

Part III, Line 1a

N/A

11

Foreign Tax Credit Underprint

Computer-generated Underprint

N/A

11

051B

Other Credits

Part III, Line 1b

N/A

11

Other Credits Underprint

Computer-generated Underprint

N/A

11

051C

General Business Credit

Part III, Line 1c

N/A

11

General Business Credit Underprint

Computer-generated Underprint

N/A

11

051D

Prior Year Minimum Tax Credit

Part III, Line 1d

N/A

11

Prior Year Minimum Tax Credit Underprint

Computer-generated Underprint

N/A

11

051E

Total Statutory Credit

Part III, Line 1e

N/A

12

Total Statutory Credits Underprint

Computer-generated Underprint

N/A

12

05PTC

Possessions Tax Credit

Schedule A, Part I, Line 10

9

11

05LIH

Low Income Housing Credit Form 8586

Schedule A, Part I, Line 11

18

11

05TSV

Total Statutory Credits Verified

ERS Input Only

N/A

12

Invalid Conditions:

Any Field in Section 05 is invalid if not all numeric or blank.

Correction Procedures:

Correct any coding or transcription errors.