Form N-756 - Enterprise Zone Tax Credit Page 2
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2FORM N-756
(REV. 2010)
PAGE 2
Part IV - Computation of Credit Limitation
15. Are you claiming the ethanol facility tax credit (Form N-324) for this taxable year? If yes, you
may not claim any other Hawaii income tax credit for this taxable year. Enter -0- on line 20.
16. Enter your total tax liability (from Part I, line 1) here. ........................................................................................................
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17. If you are claiming other credits, complete the credit worksheet in the instructions and enter the total here. ..................
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18. Subtract line 17 from line 16. Enter the difference here. If line 17 is larger than line 16, enter -0- here and on line 20. .....
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19. Enter the amount from Part II, line 10 or Part III, 14. ........................................................................................................
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20. Enter the smaller of line 18 or line 19. This is the amount of your enterprise zone tax credit.
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Enter this amount on Schedule CR, line 3. ......................................................................................................................
FORM N-756
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