6300: 2024 Alaska Incentive Credits Summary (2024)
Alaska · Alaska DOR · Used for tax years 2024
Alaska Form 6300 summarizes incentive credits for 2024 and calculates the order in which they apply against tax. It reports credits applied against tax and credits claimed as refunds, with totals carried to Form 6000, 6100, or 6150.
What you'll need
Have your EIN and the name shown on your return ready. Depending on the credits you claim, you will also need:
- Form 6000, 6100, or 6150: Use line 4 for Alaska income tax before credits and Schedule E, line 7 for Alaska other taxes.
- Form 6310, line 5: For the income tax education credit.
- Form 6327, line 3: For the current-year oil and gas service industry expenditure credit.
- Form 665: For the mining exploration incentive credit.
- Form 6325, line 5: For the current-year veteran employment tax credit.
- Carryover schedules: Attach a schedule for any oil and gas service industry expenditure credit carryover, in-state oil refinery infrastructure expenditures credit carryover, or veteran employment tax credit carryover reported on lines 12, 17, or 26.
Questions people ask
What does Form 6300 summarize?
The 2024 form shows the order in which Alaska incentive credits are applied, credits claimed as refunds, and credits applied against tax.
How much income tax education credit can I apply against tax?
Enter the tentative credit from Form 6310, line 5 on Form 6300, line 8. The allowed credit on line 9 is the smaller of line 4 or line 8. Also enter that allowed amount on line 42.
Where do I report credits claimed as a refund?
Part II reports the refundable portion of the in-state oil refinery infrastructure expenditures credit. Copy the refund requested on line 21 to line 37. Enter the line 37 amount on line 38 and on Form 6000, 6100, or 6150, Schedule A, line 12.
Where do I report the total credits applied against tax?
Add lines 42 through 46 and line 48. Enter the total on line 49 and on Form 6000, 6100, or 6150, Schedule A, line 7.
Can the amount on line 39 be below zero?
No. Line 39 is the tax against which federal-based credits may be allowed. Subtract line 38 from line 35, but enter no less than zero.