Part III. Current-Year General — 2025 Inst 3800 (PDF)

If you are claiming a current-year business credit on your tax return, you must complete the applicable lines and columns of Part III. This requirement includes applicable entities and certain taxpayers, partnerships, and S corporations making an EPE, eligible taxpayers making a transfer election under section 6418, and transferees of a credit under section 6418. Complete columns (b), (c), (f), (h), (i), and (j) of Part III (as applicable) only if you are making the EPE under section 6417, the transfer election under section 6418 (as transferor), or receive a credit from a transfer (as transferee). Complete columns (b), (c), (h), (i), and (j) of Part III, as applicable, if you are making the election under section 48D.

Partnerships and S corporations that are transferees of credits from an eligible taxpayer under section 6418 report on the applicable line of Part III and Part V (if applicable) of Form 3800. Complete column (a) of Part III and complete Part V only if you are reporting more than one facility or more than one pass-through entity as sources for any one credit.

Partners and shareholders report your share of each IRA 2022 credit transferred to a partnership and S corporation on the applicable line of Part III and Part V (if applicable) of Form 3800. Complete column (c) of Part III only if you are receiving the credit on a Schedule K-1 from a pass-through entity or receive (as transferee) an eligible credit under section 6418 from an unrelated taxpayer.

Elective Payment of Certain Business Credits Under Section 6417 or Section 48D An applicable entity, as defined in section 6417(d)(1)(A), can elect to treat current applicable credits as payments against the tax imposed by subtitle A for its tax year. Because applicable credits must first be applied to tax (if any) before being treated as a payment, amounts treated as a payment (net payment election amounts) are limited to the total of unused credits (without application of any EPE). See Credit Ordering Rule , earlier. Applicable credits reported in Part III, column (h), include the following.

Zero-emission nuclear power production, section 45U, Form 7213, Part II.
Clean hydrogen production, section 45V, Form 7210, Part IV.
Qualified commercial clean vehicles, section 45W, Form 8936, Part V, but not including credits passed through from partnerships or S corporations. See the Instructions for Form

Advanced manufacturing production, section 45X, Form 7207, Part II.
Alternative fuel vehicle refueling property, section 30C(d)(1), Form 8911, Part I.
Renewable electricity production, section 45, Form 8835 for qualified facilities after 2022, Part II.
Carbon oxide sequestration, section 45Q, Form 8933 for carbon-capture equipment placed in service after 2022, Part III.

Instructions for Form 3800 (2025) 7

Energy credit, section 48, Form 3468, Part VI.
Qualifying advanced energy project, section 48C, Form 3468, Part III.
Clean electricity production, section 45Y, Form 7211, Part II.
Clean fuel production, section 45Z, Form 7218, Part II.
Clean electricity investment, section 48E, Form 3468, Part V.

Transferee taxpayer. If:

You are a noncorporate taxpayer, personal service corporation or closely held corporation to which was transferred an IRA 2022 credit from a transferor for cash; or

energy project credit (section 48C), or clean electricity investment credit (section 48E) is transferred, the basis reduction rule of section 50(c) applies to the investment credit property as if the transferred eligible credit was allowed to the eligible taxpayer.

Taxpayers that are not applicable entities, including partnerships and S corporations, may elect to be treated as applicable entities but only with respect to the following applicable credits reported in Part III, column (h).

Carbon oxide sequestration for capture equipment placed in service after 2022, Form 8933, Part III.
You received an allocable share of an IRA 2022 credit from your transferee partnership or S corporation.
Clean hydrogen production, Form 7210, Part IV.
Advanced manufacturing production, Form 7207, Part II.

Taxpayers, including partnerships and S corporations, may also elect payment for advanced manufacturing investment credit, section 48D, Form 3468, Part IV, reported on line 1o, column (h), of Part III.

To make an EPE, if you have multiple facilities for which you’re claiming one of the above credits, complete Part V and then Part III. In Part V, list each facility; in Part III, combine the amounts from all facilities for each credit and enter in column (b) the first registration number obtained for each credit. If you have only one facility for which you’re claiming any one of the above credits, do not complete Part V. Complete each line on Part III for which you’re claiming an elective payment using the instructions under Columns (a) Through (j) , later.

Then you must apply the rules under sections 38 and 469. File Form 8582-CR or Form 8810 (as applicable) to figure your total general business credit allowed from passive activities for the current year.

Line 1. Check one box to indicate the form completed and filed to determine the credit transferred.

Transfer Election Statement or Other Document Section 6418 and regulations require both the eligible taxpayer (transferor) and the transferee of the credit to attach their transfer election statement to each of their annual tax returns for the year of the transfer. You can use either Schedule A (Form 3800) or other document containing the required information and signatures for this purpose. If using Schedule A (Form 3800), see the instructions below for information about completing Schedule A (Form 3800).

Schedule A (Form 3800), Transfer Election Statement. Complete Schedule A (Form 3800) in its entirety.

Transfer of Eligible Credits Under Section 6418 Eligible taxpayers can elect to transfer the following eligible credits.

Alternative fuel vehicle refueling property, section 30C(d)(1), Form 8911, Part I.
Renewable electricity production, section 45, Form 8835, Part II.
Carbon oxide sequestration, section 45Q, Form 8933, but not including the credit made under section 45Q(f)(3)(B) election, Part III.
Zero-emission nuclear power production, section 45U, Form 7213, Part II.
Clean hydrogen production, section 45V, Form 7210, Part IV.
Advanced manufacturing production, section 45X, Form 7207, Part II.

Line 2. Enter the IRS-issued transfer registration number. Line 3. The total amount of the credit sold by the transferor to the transferee in the current year should be all, or part of, the negative amount shown in column (f) on the applicable credit line of Part III of the transferor’s Form 3800; and all, or part of, the positive amount shown in column (f) on the applicable credit line of Part III of the transferee’s Form 3800.

Line 4. Enter the amount and date of payment on line 4a. Use lines 4b through 4h if additional payments were made for this credit transfer.

Line 13. If filing Schedule A (Form 3800) electronically, complete all lines except for the signature block. Both transferor and transferee sign, save Schedule A (Form 3800) as a PDF, name the file “Schedule A Form 3800,” and attach it to their respective returns. If Schedule A (Form 3800) is not signed by both transferor and transferee, the transfer is invalid.

Energy credit, section 48, Form 3468, Part VI, but not including the credit under section 50(d)(5) and Regulations section 1.48-4.
Qualifying advanced energy project credit, section 48C, Form 3468, Part III.
Clean electricity production credit, section 45Y, Form 7211, Part II.
Clean fuel production credit, section 45Z, Form 7218, Part II.
Clean electricity investment, section 48E, Form 3468, Part V.
Small agri-biodiesel producer credit, section 40A, Form 8864. Transferring the credit is only permitted for fuel sold or used after June 30, 2025.

To make the transfer election, if you have multiple facilities for which you’re claiming one of the above credits, complete Part V and then Part III. In Part V, complete a line for each facility. In column (a) of Part V, indicate the line number of the credit as shown in Part III. In Part III, combine the amounts from all facilities for each credit and enter in column (b) the first registration number obtained for each credit. If you have only one facility for which you’re claiming any one of the above credits, do not complete Part V.

Complete each line in Part III for which you’re electing to transfer an eligible credit as transferor or claiming an eligible credit as transferee using the instructions under Columns (a) Through (j) , later.

Basis reduction when certain credit transfers are made. If an energy investment credit (section 48), qualifying advanced

Other document used as transfer election statement. The transferor and transferee can use any document for this purpose, such as a purchase and sale agreement. The file for the attached document must be named “Transfer Election Statement” and include the following information.

Name, address, and taxpayer identification number of the transferee taxpayer and the eligible taxpayer. If the transferee taxpayer or eligible taxpayer is a member of a consolidated group (as defined in Regulations section 1.1502-1), then only include information for the group member that is the transferee taxpayer or eligible taxpayer (if different from the return filer).
A statement that provides the information and amounts necessary to allow the transferee taxpayer to take into account the credit transferred, including the following.

a. The form number and part number (if applicable) of the credit as shown on the applicable line of Form 3800, Part III (for example, advanced manufacturing production credit is “Form 7207” on line 1b of Part III); the total amount of the credit determined with respect to the facility or property in column (d) or (e); and the amount of the transferred credit (or a portion thereof) in column (f).

b. The tax year of the eligible taxpayer and the first tax year in which the credit portion will be taken into account by the transferee taxpayer.

8 Instructions for Form 3800 (2025)

c. The amount(s) of the cash consideration and date(s) on which paid by the transferee taxpayer.

d. The IRS-issued registration number related to the facility or property in column (b) of Part III or V.

A statement attesting that the eligible taxpayer or any member of its controlled group is not related to the transferee taxpayer or any member of its controlled group within the meaning of section 267(b) or section 707(b)(1).
A statement or representation from the eligible taxpayer that it has complied with all requirements of section 6418 and the eligible credit code section, including, but not limited to, prevailing wage, apprenticeship, and domestic content requirements (if applicable).
A statement or representation from the eligible taxpayer and the transferee taxpayer acknowledging the notification of recapture requirements under section 6418(g)(3) (if applicable).

Required minimum documentation for Schedule A (Form 3800) or other transfer election statement. Regardless of whether Schedule A (Form 3800) or another document is used, the eligible transferor taxpayer must provide to a transferee taxpayer the following minimum documentation.

Information that validates the existence of the eligible credit property, which could include evidence prepared by a third party (such as a county board or other governmental entity, a utility, or an insurance provider);

shareholder completes the applicable line(s) of their Part III (and Part V, if applicable) of Form 3800, including the registration number of the transferor and EIN of the partnership or S corporation. This reporting is repeated for subsequent tiers of partners or shareholders.

Columns (a) Through (j)

Current-year credits. Current-year general business credits available are listed by form number in the first column.

Column (a), Number of items. If in Part V you listed multiple facilities or multiple pass-through entities for any credit, enter in column (a) of Part III the number of facilities and/or pass-through entities listed for that credit in Part V. Otherwise, you can leave column (a) blank.

Column (b), Elective payment or transfer registration num- ber. If an EPE or a transfer election has been made, enter the registration number (as shown on the source credit form) in column (b). If there are multiple facilities for the same credit listed in Part V, enter in column (b) of Part III the first registration number listed for that credit in Part V. If you are not making an EPE or transfer election, leave column (b) blank. If you obtained a registration number for an IRA 2022 or CHIPS 2022 credit but later decide not to make an EPE or transfer election for that credit, leave column (b) blank.

Complete column (c) only if you are receiving the credit on a Schedule K-1 from a pass-through entity, or receiving as transferee the credit from an unrelated taxpayer.

Column (c), Pass-through or transfer credit entity EIN.

If applicable, documentation substantiating that the eligible taxpayer has satisfied the requirements to include any bonus credit amounts (as defined in Regulations section 1.6418-1(c)(3)) in the eligible credit that was part of the transferred credit portion; and
Evidence of the eligible taxpayer’s qualifying costs in the case of a transfer of an eligible credit that is determined based on investment, or the amount of qualifying production activities and sales amounts, as relevant, in the case of a transfer of an eligible credit that is a production credit.

If you are reporting a credit allocated to you from a pass-through entity, enter that pass-through entity’s employer identification number (EIN) under column (c) for that credit.
If you are reporting a credit reported to you on Form 1099-PATR, Taxable Distributions Received From Cooperatives, enter that cooperative’s EIN under column (c) for that credit.

Transferees of Eligible Credits Under Section 6418 A transferee taxpayer, including a partnership or an S corporation, which receives an eligible credit (or a portion thereof) from an unrelated eligible taxpayer, takes that credit into account in its first tax year ending with, or after, the tax year of the eligible taxpayer that otherwise earned and reported the credit on the appropriate source credit form. The transferee taxpayer (and not the eligible taxpayer) is treated as the taxpayer with respect to such credit (or a portion thereof).

To report the transferred credit on Form 3800, if there are multiple facilities for which you’re receiving one of the eligible credits, complete Part V and then Part III. In Part V, list separately the credit transferred from each facility or from each pass-through entity using the registration number(s) provided by the transferor(s). In Part III, combine the amounts from all facilities and all pass-through entities for each credit. Enter in column (b) the first registration number obtained for each credit. If there is only one facility or one pass-through entity from which you have received a credit transfer of one of the above credits, you do not need to use Part V.

Transferee partnerships and S corporations. Partnerships and S corporations which are transferees attach a transfer election statement to their Form 1065 or Form 1120-S, respectively, for each credit transferred to them, and complete the applicable line(s) of Part III (and Part V, if applicable) of Form 3800, including the transfer registration number and EIN of the transferor in the appropriate columns. Information needed by partners or shareholders to report their allocable share of the transferred credit is provided by the partnership or S corporation on Schedule K-1 (Form 1065), box 15, code BC; or Schedule K-1 (Form 1120-S), box 13, code BC. Each partner or

If there are multiple pass-through entities for the same credit, report the credit for each pass-through entity in Part V and then enter the EIN of the pass-through entity allocating the greatest amount of the credit to you in Part III, column (c).
If you are reporting a transferred credit received from a transferor under section 6418, enter that transferor’s EIN under column (c) for that credit.
If there are multiple transferors for the same credit, report the credit for each transferor in Part V, and then enter the EIN of the transferor that transferred the greatest amount of the credit to you in Part III, column (c).

Column (d), Credits subject to the passive activity limit, be- fore application of the limit. Enter your current-year credits that are subject to the passive activity limitations before the application of the passive activity credit limitations of Form 8582-CR or Form 8810. See section 469.

Column (e), Credits not subject to the passive activity lim- its. Enter the amount of your current-year credit that is not subject to the passive activity limitation of section 469 because of your material participation in the trade or business.

Column (f), Credit transfer election amount. Indicate the transfer election by entering the amount transferred by you to another entity as a negative amount. If you are a transferee, enter the amount transferred to you as a positive amount.

Column (h), Gross elective payment election (EPE) amount. Enter the amount of the gross EPE based on the total credit for which an EPE is being made before calculating the net EPE amount and before considering limitations from Part II. See Line 6, column (h), later.

Column (i), Amount of column (g) applied against tax in Part II. Use the order in which credits are used , earlier, to determine the order in which to apply your credits to your tax liability.

Instructions for Form 3800 (2025) 9

Credits carried forward (Part II, line 34) are applied to your tax liability before current-year credits in Part III.

See the instructions for line 6 of Part III, column (j), below.

Column (j), Net EPE amount. The net EPE amount is the smaller of:

column (h), or
column (g) minus column (i). If you have no tax liability figured in Part II, enter the amount from column (h) as the net EPE amount in column (j).

If you are making an EPE for one credit, enter the figured net EPE amount in column (j).

If you are making EPEs for multiple credits and your figured net EPE amount is less than the sum of such credits, the net EPE amount and any remainder amount for each credit is determined based on the listing under Order in which credits are used , earlier.

Limitation on Certain Credits Reported in Part III

The aggregate amount from each credit form is usually reported on the appropriate line of Form 3800, Part III, to reflect self-generated credit sources and all pass-through entity sources. However, certain credits have limitations imposed. They include:

Form 8826, line 8—$5,000 limitation for the overall credit (reported on Part III, line 1e); and
Form 8882, line 7—$150,000 limitation for the overall credit (reported on Part III, line 1k).

In situations where there is a limitation on the credit amount, the limited amount allowed is allocated pro rata and anything above the limitation is lost.

Lines 1a, 1d, 1o, 1v, 4a, and 4k If you are a cooperative described in section 1381(a), you must allocate to your patrons the investment credit in excess of your tax liability limit. Allocate to your patrons the portion, if any, of the investment credit on Part I line 6; or Part II, line 36, in excess of Part II, line 16 or line 29, respectively. While any excess is allocated to patrons, any credit recapture applies as if you, as the cooperative, had claimed the entire credit.

Note: Any carryforward of the qualifying therapeutic discovery project credit may be claimed on Part IV, line 2w.

Lines 1c and 4i

Caution: A qualified small business must complete Form 3800 before completing Section D of Form 6765 if the payroll tax credit is being claimed. See the Instructions for Form 6765 for more details.

Eligible small businesses, enter your research credit on line 4i. See the definition of Eligible Small Business, earlier. All others, enter your research credit on line 1c.

Partners and S corporation shareholders, see Treatment of partners and S corporation shareholders under Eligible Small Business , earlier.

Research credit limitation. If you are an individual, the amount of the research credit that may be included on Part III, line 1c or line 4i, is limited to the amount of tax attributable to your taxable income from the sole proprietorship or your interest in the pass-through entity (partnership, S corporation, estate, or trust) generating the credit. Figure the research credit limitation separately for each sole proprietorship or pass-through entity by using the following formula.

Taxable income attributable to the sole proprietorship or your interest in the pass-through entity Part II, line 11 ×

Your taxable income for the year

The sum of the fractions used for determining the limits can’t exceed 1. The research credit used to determine the limitation is the sum of the current-year credit (determined without regard to the limitation), any carryforwards (adjusted for any payroll tax credit claimed) of the credit not used in prior years, and any carryback of the credit from 2026. For information on how to figure your taxable income for the year, your taxable income attributable to the sole proprietorship, or your interest in the pass-through entity, see Regulations sections 1.41-7(c) and 1.53-3. If in the current tax year you had no taxable income attributable to a particular business interest, you can’t claim any research credit this year related to that business. If any of your research credit isn’t allowed to be used because of this limitation, see Carryback and Carryforward of Unused Credit, earlier.

Line 1e When reporting the disabled access credit from Form 8826 on Part III, line 1e, don’t enter more than $5,000.

Line 1k When reporting the credit for employer-provided childcare facilities and services from Form 8882 on Part III, line 1k, don’t enter more than $150,000.

Lines 1y and 1aa Credit limitations apply to certain taxpayers claiming the new clean vehicle credit (Form 8936, Part II) or the clean commercial vehicle credit (Form 8936, Part V). See Part I-Modified Adjusted Gross Income (MAGI) Amount in the Instructions for Form 8936, Clean Vehicle Credits.

Line 1bb Enter the amount from Form 8904, Credit for Oil and Gas Production From Marginal Wells, line 8, or from the applicable line of your Schedule K-1. See the Instructions for Form 8904 for more information.

Line 1ff Enter the amount of sustainable aviation fuel (SAF) from Form 8864.

Lines 4a Through 4z Enter the amount of the specified credit on the applicable line. See also the instructions for lines 1c and 4i, earlier.

Line 4h Tax-exempt eligible small employers, other than certain farmers’ cooperatives, don’t report the credit for small employer health insurance premiums on Part III, line 4h. Eligible tax-exempt small employers will report this credit directly on line 6f of Part III of Form 990-T.

Line 6, column (f) If you are a partnership or S corporation that received an eligible credit(s) from a transferor(s) under a section 6418 election, report the positive amounts included in the total of line 6, column (f), on Schedules K and K-1. See the instructions for Form 1065 and Form 1120-S for the information that you must provide to your partners or shareholders to report their distributive shares of such credits on their Forms 3800 attached to their income tax returns.

10 Instructions for Form 3800 (2025)

Partners and shareholders enter the distributive share of each transferred credit on the applicable line(s) of their Form 3800, Part III, and Part V, if applicable.

Line 6, column (h) Partnerships and S corporations report the total gross EPE amount from Part III, line 6, column (h), on the designated line of your return, shown below. Copy the amount from column (h) to column (j). See also the instructions for Forms 1065 and 1120-S for additional reporting information.

Form 1120-S, U.S. Income Tax Return for an S Corporation, line 24d.
Form 1065, U.S. Return of Partnership Income, line 29.

A taxpayer reporting an amount on Form 990-T that doesn’t have unrelated business taxable income (UBTI) does not need to complete Part I and Part II of Form 3800.

Line 6, column (j) If you are required to complete Parts I and II of Form 3800 to determine the general business credit(s) allowed for the current year (if any), report the total net EPE amount from Part III, line 6, column (j), on the designated line of your return shown below.

Form 1120, U.S. Corporation Income Tax Return, Schedule J, line 22a.
Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, line 5j.
Form 1120-L, U.S. Life Insurance Company Income Tax Return, line 27h.
Form 1120-H, U.S. Income Tax Return for Homeowners Associations, line 23f.
Form 1120-POL, U.S. Income Tax Return for Certain Political Organizations, line 23d.
Form 1120-C, U.S. Income Tax Return for Cooperative Associations, line 30h.
Form 1120-PC, U.S. Property and Casualty Insurance Company Income Tax Return, line 16f.
Form 1120-RIC, U.S. Income Tax Return for Regulated Investment Companies, line 28g.
Form 1120-REIT, U.S. Income Tax Return for Real Estate Investment Trusts, line 25g.
Form 1041, U.S. Income Tax Return for Estates and Trusts, Schedule G, line 18a.
Form 1041-N, U.S. Income Tax Return for Electing Alaska Native Settlement Trusts, line 19.
Form 1041-QFT, U.S. Income Tax Return for Qualified Funeral Trusts, line 18.
Form 990-T, Exempt Organization Business Income Tax Return, Part III, line 6g.
Form 1040, U.S. Individual Income Tax Return, Schedule 3, line 13c.