Changes to 2003 Forms
2003 Updates to Form 541 Booklet
Revision Date: 12/31/2003
Revision Details: Form 541 Booklet Instructions - Credit Limitation Worksheet
The credit limitation amount should be indexed for 2003.
- The revision appears in the 541 Booklet instructions, Page 9, columns 1 and 2; and for the revised credit limitation cap
It should read:
Line 23 - Tax Credits
Column 1 ...the amount entered on Form 541, line 17, is less than $33,272.
Column 2 ...I Enter $33,272.................I ___
The revision appears on the Booklet instructions (page 9) and Package X, page 290.
The revised internet version is available for download.
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