Alaska Federal-Based Credits

Form                                                                                                                                                                                                                                                                           2023
                                                                                                                                                          6390

EIN                                                                                                                                                                                                     Name Shown on Return

                                                                                                                                                                     Part I   Current Year Credit for Credits Not Allowed Against Alaska Alternative Minimum Tax 

                                                                                                                                                                     1.   Federal general business credit from a non-passive activity from federal Form 3800, Part
                                                                                                                                                                                                                                                                            1
                                                                                                                                                                          III, line 2, column e . . . . . . . .       .  . .    . . .      . .    . . . .   .     . .
                                                                                                                                                                     2a.  Federal investment credit from a non-passive activity not allowable for Alaska (see 
                                                                                                                                                                                                                                                                    2a
                                                                                                                                                                          instructions) . .     . . . . . . . .       .  . .    . . .      . .    . . . .   .

                                                                                                                                                                     2b. Other federal general business credits not allowable for Alaska (see instructions) .       2b
                                                                                                                                                          non-passive
                                                                                                                                                                     2c.  Add lines 2a–2b .     . . . . . . . .       .  . .    . . .      . .    . . . .   .     . .       2c

                                                                                                                                                                     3.   Federal general business credit from a non-passive activity applicable to Alaska.  Subtract
                                                                                                                                                                                                                                                                            3
                                                                                                                                                                          line 2c from line 1   . . . . . . . .       .  . .    . . .      . .    . . . .   .     . .

                                                                                                                                                                     4.   Applicable  general  business  credit  from  a  passive  activity  allowed.    Enter  amount  from
                                                                                                                                                                                                                                                                            4
                                                                                                                                                          passive         Form 6395, line 17    . . . . . . . .       .  . .    . . .      . .    . . . .   .     . .

                                                                                                                                                                     5.   Total current federal general business credit applicable to Alaska.  Add lines 3 and 4. . .       5

                                                                                                                                                                     6.   Apportionment factor    . . . . . . .       .  . .    . . .      . .    . . . .   .     . .       6

                                                                                                                                                                     7. Multiply line 5 by line 6 . . . . . . .       .  . .    . . .      . .    . . . .   .     . .       7

                                                                                                                                                                     8. Total current apportioned general business credit.  Multiply line 7 by 18% .  . .   .     . .       8

                                                                                                                                                                     9.   Alaska carryforward of general business credit . .    . . .      . .    . . . .   .     . .       9
                                                                             General Business Credits (not specified credits, not eligible small business)
                                                                                                                                                                     10.  Alaska carryback of general business credit .  . .    . . .      . .    . . . .   .     . .       10

                                                                                                                                                                     11.  Apportioned general business credit before limitation.  Add lines 8–10  . . . .   .     . .       11

                                                                                                                                                          Part II   Allowable Credit (see instructions)
                                                                                                                                                                     12a. Alaska regular tax from Schedule D, line 2 of Form 6000, 6100 or 6150     . . .   .       12a

                                                                                                                                                                     12b. Alaska incentive credits allowed against regular tax (see instructions) . . . .   .
                                                                                                                                                                                                                                                                    12b

                                                                                                                                                                     12c. Alaska regular tax after Alaska incentive credits.  Subtract line 12b from line 12a.  If less 
                                                                                                                                                                                                                                                                            12c
                                                                                                                                                                          than zero, enter -0-  . . . . . . . .       .  . .    . . .      . .    . . . .   .     . .

                                                                                                                                                                     13a. Net Alaska alternative minimum tax (see instructions) . . .      . .    . . . .   .       13a

                                                                                                                                                                     13b. Alaska incentive credits allowed against net Alaska alternative minimum tax . .   .       13b
                                                                                                                                                                          Net Alaska alternative minimum tax after Alaska incentive credits.  Subtract line 13b from
                                                                                                                                                                     13c.         .     . .     . . . . . . . .       .  . .    . . .      . .    . . . .   .     . .       13c
                                                                                                                                                                          line 13a
                                                                                                                                                                     14.  Net Alaska income tax.  Add lines 12c and 13c  . .    . . .      . .    . . . .   .     . .       14

                                                                                                                                                                     15.  Enter 25% (.25) of the excess, if any, of line 12c over $4,500 . . .    . . . .   .     . .       15

                                                                                                                                                                                                                                                                    0405-6390  Rev 01/01/24 - page 1

Form                                                                                                                                                                                                   2023
                                                                              6390

EIN                                                                                                                    Name Shown on Return                                                            Page 2
 
                                                                                                 16.  Subtract line 15 from line 12c.  If zero or less, enter -0- . . . . .   . .   . . . .      .  16

                                                                                                 17. Enter the smaller of line 11 or line 16 .    . . . .  .        . . . .   . .   . . . .      .  17

                                                                                     Part III Current Year Credit for Credits Allowed Against Alaska Alternative Minimum Tax
                                                                                                 18. Federal “specified credits” from a non-passive activity from federal Form 3800, Part III, 
                                                                                                                                                                                                    18
                                                                                                      line 5, column e . .  .     . . . .    .    . . . .  .        . . . .   . .   . . . .      .

                                                                                                 19a. Federal investment credit from a non-passive activity not allowable for Alaska  . .        19a

                                                                                                 19b. Employer social security and medicare taxes paid on certain employee tips from fed-
                                                                                                                                                                                                 19b
                                                                                                      eral Form 3800, Part III, line 4f, column e . . . .  .        . . . .   . .   . . .

                                                                                     non-passive 19c. Other federal “specified credits” not allowable for Alaska (see instructions) . . .        19c
                    “specified credits” 
                                                  not eligible small business                    19d. Add lines 19a–19c  .  .     . . . .    .    . . . .  .        . . . .   . .   . . . .      .  19d

                                                                                                 20.  Federal “specified credits” from a non-passive activity applicable to Alaska.  Subtract 
                                                                                                                                                                                                    20
                                                                                                      line 19d from line 18 .     . . . .    .    . . . .  .        . . . .   . .   . . . .      .

                                                                                                 21.  Applicable “specified credits” and eligible small business credits from a passive activity 
                                        specified credits                            passive          allowed.  Enter amount from Form 6395, line 18  . .  .        . . . .   . .   . . . .      .  21

                                                                                                 22.  Total.  Add lines 20 and 21 . . . .    .    . . . .  .        . . . .   . .   . . . .      .  22

                                                                                                 23.  Apportionment factor  .     . . . .    .    . . . .  .        . . . .   . .   . . . .      .  23

                                                                                                 24.  Multiply line 22 by line 23 . . . .    .    . . . .  .        . . . .   . .   . . . .      .  24

                                                                                                 25.  Total current apportioned “specified credits.”  Multiply line 24 by 18% . .   . . . .      .  25

                                                                                                 26a. Alaska carryforward of “specified credits” (non-passive)      . . . .   . .   . . .        26a

  ESB                                             non-                                           26b. Alaska carryforward of eligible small business credits (non-passive)    . .   . . .        26b
                                                                              passive

                                                                                                 26c. Add lines 26a–26b  .  .     . . . .    .    . . . .  .        . . . .   . .   . . . .      .  26c

                                                                                                 27. Alaska carryback of “specified credits” (non-passive) .        . . . .   . .   . . .        27

                                                                                                 28. Add lines 25, 26c, and 27    . . . .    .    . . . .  .        . . . .   . .   . . . .      .  28

                                                                                                                                                                                                 0405-6390  Rev 01/01/24 - page 2

Form                                                                                                 2023
    6390

EIN                        Name Shown on Return                                                      Page 3
 
     Part IV Tax Limitation

     29a. Net Alaska income tax.  Enter amount from line 14  . . . . . . . . . . . .29a

     29b. Enter amount from line 15 . .     . .      . . . . . . . . . . . . . . . .29b

     29c. Subtract line 29b from line 29a   . .      . . . . . . . . . . . . . . . . .            29c

     30.  Enter amount from line 17 . .     . .      . . . . . . . . . . . . . . . . .            30

     31.  Limitation.  Subtract line 30 from line 29c  . . . . . . . . . . . . . . . .            31

     32.  Enter the smaller of line 28 or line 31  . . . . . . . . . . . . . . . . . .            32

     33.  Credit allowed for the current year. Add lines 17 and 32. Enter here and on Form 6000,  
                                                                                                  33
          6100, or 6150, Schedule A, line 8 . .      . . . . . . . . . . . . . . . . .

                                                                                     0405-6390  Rev 01/01/24 - page 3