Molly has generated general business credits over the years that have not been utilized. The...
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Molly has generated general business credits over the years that have not been utilized. The amounts generated and not utilized equal: 2017 $2,500 7,500 2018 2019 5,000 2020 4,000 In the current year, 2021, her business generates an additional $15,000 general business credit. In 2021, based on her tax liability before credits, she can utilize a general business credit of up to $20,000. After utilizing the carryforwards and the current year credits, how much of the general business credit generated in 2021 is available for future years? Oa. $0. Ob. $14,000. Oc. $1,000. Od. $15,000
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