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Tex. Tax Code § 172.107

CARRYFORWARD

Texas · Texas Tax Code · Status: effective

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Tex. Tax Code § 172.107, CARRYFORWARD, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/575650
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(a) If an entity is eligible for a credit that exceeds the limitation under Section 172.106(b), the entity may carry the unused credit forward for not more than five consecutive reports. (b) A carryforward is considered the remaining portion of a credit that cannot be claimed in the current year because of the limitation under Section 172.106(b).