What effect does a tax credit disallowance have on the owner's claims?

A disallowance of a tax credit directly impacts the claims that the owner can make for the current tax year. When a tax credit is disallowed, it means that the owner is not permitted to claim that credit on their tax return for that specific year. This can occur for a variety of reasons, such as failing to meet eligibility criteria or lacking proper documentation to support the claims, which serve to validate the entitlement to that credit.

Additionally, a tax credit disallowance does not inherently prevent future claims. While it may affect the current year's claim, the owner still has the opportunity to rectify the situation and possibly claim the credit in subsequent years if they meet the necessary conditions at that time. Therefore, the effect is limited to the current tax year and does not extend to future claims.

The other options suggest different implications that a disallowance might have, but they do not accurately reflect the immediate and specific consequence of a disallowance on the current year's claims.