C37. What is the proper treatment for an SBT carryforward credit which has only one year of carryforward remaining under the SBT dictated lifespan? Does MCL 208.1401 extend the life of the credit, or is it limited by the original SBT term?

An SBT carryforward with one year of carryforward remaining on the expiration of the SBT may be carryforward for one year under the MBT. MCL 208.1401 does not extend the life of the credit past its original SBT term.