S-Corp claimed a Business Tax Credit (Form 3800) in 2016 which passed through to personal return. Does unused portion of that credit carry forward if I dissolve S-Corp?
My S-Corp claimed a Business Tax Credit (Form 3800) in 2016 which passed through to my personal tax return. Only a portion of the credit was used to offset my personal tax liability in 2016. If I dissolve my S-Corp in 2017, will the unused credit carry forward to 2017, 2018, 2019 on my personal tax return or will the unused credit be wiped out because the S-Corp no longer exists?