Current Year — Instruction 8582-CR — Instructions for Form

Convert any current year qualified expenditures into credits before beginning Worksheet 1, 2, 3, or 4. If the credits are from more than one activity or are of more than one type, separate the credits by activity and by type before making entries in the worksheets.

Caution: For tax years beginning after 2025, line numbers on the referenced forms may change. See the form instructions for the referenced forms on how to report the current year passive activity credit.

Example. You have a low-income housing credit from one activity and a research credit from a different activity. Enter the low-income housing credit in column (a) of Worksheet 2 or 3 and make a separate entry for the research credit in column (a) of Worksheet 4.

Form 3800, General Business Credit. Enter the credits from Form 3800, lines 2, 23, and 32, in column (a) of Worksheet 1, 2, 3, or 4.

Form 8834, Qualified Electric Vehicle Credit. See the Instructions for Form 8834 for the amount to enter in column (a) of Worksheet 1 or 4.