Form 3468: Investment Tax Credit Worksheet

Purpose

This report is a worksheet that gathers the asset information needed to file IRS Form 3468, Investment Tax Credit (ITC). The worksheet follows the order of the IRS form, Part I, Current Year Investment Credit.

Tip: Before you run this report, be sure to calculate Tax book depreciation for all assets you want to include in the report, through the end of the fiscal year on which you want to report. An ideal time to run this report is right after you have calculated your year-end depreciation for the Tax book.