35 Miss. Code R. § 10-07-104

Current through May 31, 2024

Section 35-10-07-104

Any unused credit may be carried over for 5 years. An expense cannot be used both as a deduction and as the basis for a credit. Any expense used in computing the allowable credit cannot be taken as a deduction. The expense must be added back to Mississippi taxable income.

35 Miss. Code. R. § 10-07-104