...shareholder in a subchapter S corporation, the amount of credit that can be used in a particular year also cannot exceed an amount (separately computed with...interest in the trade or business or entity) equal to the 4 Because the credit became effective for qualified research expenditures paid or incurred after June...

...shareholder in a subchapter S corporation, the amount of credit that can be used in a particular year also cannot exceed an amount (separately computed with...interest in the trade or business or entity) equal to the 4 Because the credit became effective for qualified research expenditures paid or incurred after June...

...a shareholder in an S corporation, the amount of credit that can be used in a particular year also cannot exceed an amount (separately computed with...that portion of the person's taxable income which is allocuble or apportionable to such interest.9 Carryover If the amount of credit otherwise allowable...

...year shall not exceed an amount (separately computed with respect to such person's interest in such trade or business or entity) equal to the amount of tax attributable to that portion of a person's taxable income which is allocable or apportionable to the person's interest in such trade...

...a shareholder in an S corporation, the amount of credit that can be used in a particular year also cannot exceed an amount (separately computed with...attributable to that portion of the person's taxable income that is allocable or apportionable to such interest. Any excess credit amount is eligible for the carryover...

...$l30,000, and the amount of the taxpayer's credit for l987 is 20 percent of $l30,000, or $26,000. l9 In the case of an individual who owns an interest...the person's taxable income which is allocable or apportion able to such interest.ll Any excess credit amount is eligible for the carryover rule described...

...a shareholder in an S corporation, the amount of credit that can be used in a particular year also cannot exceed an amount (separately computed with...attributable to that portion of the person's taxable income that is allocable or apportionable to such interest. Any excess credit amount is eligible for the carryover...

...year shall not exceed an amount tseparately computed with respect to such person,s interest in such trade or business or entity) equal to the amount of . . tax attributable to that portion of a per- t1) Paragrar-h t1) of section *Kk) of the "id) BAS1S ADJUSTMENTS.- For purposes of son,s taxable...