Pennsylvania Schedule OC (Other Credits) is used to report eligible Pennsylvania tax credits that are awarded directly to a taxpayer, passed through from a partnership, S corporation, estate, or trust, purchased from another taxpayer, or carried forward from a prior year.
Most Schedule OC credits require supporting documentation, such as approval letters, credit certificates, schedules, or other documentation issued by a Pennsylvania agency.
Pennsylvania > Credits > Schedule OC - Other Credits
Who Should Complete Schedule OC?
Schedule OC may be completed by taxpayers who:
- Were awarded an eligible Pennsylvania tax credit.
- Received a credit through a pass-through entity, such as a partnership, S corporation, estate, or trust.
- Purchased or were assigned an eligible credit from another taxpayer.
- Are claiming a credit carried forward from a previous tax year.
What Credits Can Be Claimed on Schedule OC?
The Schedule OC section includes the following credits:
Business and Economic Development Credits
- Job Creation Tax Credit
- Research and Development Tax Credit
- Keystone Innovation Zone Tax Credit
- Resource Enhancement and Protection Tax Credit
- Neighborhood Assistance Program Tax Credit
- Keystone Special Development Zone Tax Credit
- Mixed-Use Development Tax Credit
- Waterfront Development Tax Credit
- Manufacturing and Investment Tax Credit
- Pennsylvania Resource Manufacturing Tax Credit
- Beginning Farmer Tax Credit
- Airport Land Development Program Tax Credit
Education Credits
- Educational Improvement Tax Credit
- Opportunity Scholarship Tax Credit
Housing and Community Credits
- Pennsylvania Housing Tax Credit
- Historic Preservation Incentive Tax Credit
Industry-Specific Credits
- Film Production Tax Credit
- Entertainment Economic Enhancement Program Tax Credit
- Video Game Production Tax Credit
- Coal Refuse Energy and Reclamation Tax Credit
Individual and Employer Credits
- Organ and Bone Marrow Donor Tax Credit
- Employer Childcare Tax Credit
- PA Savings and/or ABLE Account Employer Matching Contribution Tax Credit
What Information Is Needed to Complete Schedule OC?
When entering a Schedule OC credit, you may be asked to provide:
- Credit type.
- Credit certificate or award number.
- Taxpayer identification information.
- Credit amount.
- Award date.
- Carryforward information, when applicable.
Additional information may be required depending on the specific credit being claimed.
What Documentation Should I Keep?
Most Schedule OC credits require supporting documentation. Depending on the credit being claimed, documentation may include:
- Credit award or approval letters.
- Credit certificates.
- Pass-through entity statements.
- Assignment or purchase documentation.
- Carryforward records from prior years.
Keep copies of all supporting documentation with your tax records.
How Does Schedule OC Affect My Return?
Schedule OC credits may:
- Reduce Pennsylvania tax liability.
- Increase a Pennsylvania refund.
- Report participation in qualifying Pennsylvania tax incentive programs.
- Allow taxpayers to claim credits passed through from partnerships, S corporations, estates, or trusts, when applicable.
Important Information
- Enter all information exactly as shown on the credit documentation.
- Some credits may require additional documentation to be submitted to Pennsylvania.
- Credits received through a pass-through entity must be properly allocated to the taxpayer before they can be claimed.
- Credits for taxes paid to another state should generally be reported on Pennsylvania Schedule G-L rather than Schedule OC.
- Pennsylvania may require additional review of Schedule OC credits, which could delay refund processing.
Additional Information
Review all credit documentation carefully before completing Schedule OC. If you received multiple credits, enter each credit separately and retain supporting documentation for your records.