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Important Changes to 2016 Partnership Forms
- Individual listing of credits, except for taxes due to another state or jurisdiction, removed from Form 3 return due to the implementation of the Credit Manager Schedule.
- The following credits have been added to Schedule 3K-1:
- Certified Housing Development and Life Science Company
- “Fill in if showing a loss” ovals used now instead of negative sign or parens.
- Tax rate references changed to 5.1% from 5.15%