Get Ak Dor 6390 2024-2025

Filling out the AK DoR 6390 form online can be a straightforward process when you understand each section and its requirements. This guide provides detailed instructions to assist you in completing the form effectively and accurately.

Follow the steps to successfully complete the AK DoR 6390 form online.

1. Click the ‘Get Form’ button to obtain the form and open it in the document editor.
2. Enter your Employer Identification Number (EIN) at the top of the form under the designated field. This number is crucial for identifying your business.
3. In the 'Name Shown on Return' section, provide the official name of your business as it appears on your tax return.
4. Proceed to Part I, where you will fill out the Current Year Credit for Credits Not Allowed Against Alaska Alternative Minimum Tax. Begin by selecting whether your activities are non-passive or passive.
5. Complete line 1 by entering the federal general business credit from a non-passive activity as indicated in federal Form 3800.
6. For lines 2a and 2b, enter any federal investment and other general business credits that are not allowable for Alaska.
7. Calculate line 2c by adding lines 2a and 2b and enter the total.
8. For line 3, subtract line 2c from line 1 to find the federal general business credit applicable to Alaska.
9. Fill out lines 4 and 5 by entering any applicable credits from passive activities and summing it with line 3 to get the total current federal general business credit.
10. Continue through the subsequent lines of Part I, entering the required apportionment factors, current apportioned general business credits, and carryforward or carryback figures as applicable.
11. Navigate to Part II and complete lines 12a through 14, which focus on allowable credits and taxes associated with Alaska's regular and alternative minimum tax.
12. Proceed to Part III, entering information regarding specified credits, including any carryforward or carryback where necessary.
13. In Part IV, calculate the tax limitation. Start with determining your net Alaska income tax from line 14, moving through the lines to arrive at the credit allowed for the current year.
14. Once you have filled out all the necessary fields, review your entries carefully to ensure accuracy.
15. Finally, save your changes, then download, print, or share the completed form as required.

Complete your AK DoR 6390 form online to ensure a smooth filing process for your business credits.