80-401: Tax Credit Summary Schedule (2025)
Mississippi · Mississippi DOR · Used for tax years 2025
Form 80-401 is Mississippi’s 2025 Tax Credit Summary Schedule. It reports income tax credits earned, carried over from a prior year, received from a pass-through entity, used, expired or allocated, and available to carry over to next year.
Who files this form
Form 80-401 is Mississippi’s Tax Credit Summary Schedule for 2025. It records income tax credits earned this year, received from a pass-through entity, carried over from a prior year, used, expired, or allocated.
The form does not state specific filing requirements.
What you'll need
The schedule calls for:
- Identifying information in the SSN and FEIN fields.
- Credit codes and amounts for credits earned, carried over, received from a pass-through entity, used, expired, or allocated.
- Adoptee SSN(s) if you select code 25, Child Adoption.
- The charitable organization’s name if you select code 34, 35, 36, 39, 42, 43, or 45. Attach a statement if needed.
- A statement for the Historic Structure Rehabilitation credit.
Common mistakes
- Do not use duplex (double-sided) copies or photocopies. The form says these are not acceptable.
- Do not omit adoptee SSN(s) when selecting code 25.
- Do not omit the charitable organization’s name when selecting code 34, 35, 36, 39, 42, 43, or 45. Attach a statement if needed.
- Remember to attach a statement for the Historic Structure Rehabilitation credit.
- Watch for the asterisk notation: the form defines it as “Carryover Not Available.”
Questions people ask
Where do I report the total credit used for 2025?
Add column E and enter the total on line 1. The form directs you to enter that amount on Form 80-105, line 19; Form 80-205, line 21; or Form 81-110, line 4.
How is the credit carryover available for next year calculated?
Column G uses the formula B + C + D − E − F. Add column G and enter the total on line 2 as the income tax credit available for next year.
What do I enter for the Child Adoption credit?
Select code 25 and enter the adoptee SSN(s) in the space provided on line 3.
Which credits require a charitable organization’s name?
Line 4 requires the organization’s name when you select code 34, 35, 36, 39, 42, 43, or 45. Attach a statement if needed.