Reminders

Item A. Item A requires a response concerning whether you are an applicable corporation under the Corporate Alternative Minimum Tax (CAMT) and an applicable taxpayer under the Base Erosion Anti-Abuse Tax (BEAT).

Pre-filing registration requirement. If you intend to make an elective payment election (EPE) and/or a transfer election on Form 3800, you must complete pre-filing registration before you file your tax return. See Registering for and Making Elective Payment and Transfer Elections , later.

Elective payment election (EPE). Applicable entities and electing taxpayers can elect to treat certain Inflation Reduction Act of 2022 (IRA 2022) business credits as elective payments. Certain eligible taxpayers can elect to treat Creating Helpful Incentives to Produce Semiconductors Act of 2022 (CHIPS 2022) credits as elective payments. Any overpayments may result in refunds. See Elective Payment of Certain Business Credits Under Section 6417 or Section 48D , later.

• Column (g) is the amount of columns (e) and (f) applied against tax in Part II. The passive credits are applied only against tax in Part II arising from passive activities.

• Column (h) is the amount of columns (e) and (f) recaptured or otherwise adjusted.

• Column (i) is the carryforward to 2026, which is the sum of columns (g) and (h) subtracted from the sum of columns (e) and (f).