SD EForm - 1298
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CLAIM FOR PROPERTY TAX CREDIT ON RENEWABLE RESOURCE ENERGY SYSTEM
TO THE COUNTY AUDITOR ______________________________COUNTY
Legal Description of property
The owner of the within described property certifies that he/she has attached or caused to be attached to such property which is used for ( RESIDENTIAL /
COMMERCIAL) purposes a renewable resource energy system as the same is defined in SDCL 10-6-35.8.
TYPE OF SYSTEM: _____Sun _____Wind _____Geothermal _____Biomass _____Passive Solar
Manufacturer name and address
Claim is herewith made for the tax assessment credit allowed as provided in SDCL 10-6-35.12 and 10-6-35.13 for the current year.
TOTAL INSTALLED COST OF SYSTEM $________________ Date installed __________________
Attach copies of federal income tax credit, if any (10-6-35.14) $_____________________
I declare and affirm under the penalties of perjury that this claim has been examined by me, and to the best of my knowledge and belief, is in all things true and correct.
Dated this ________ day of __________________, 20 _____
(Taxpayer must sign here)
VERIFICATION BY DIRECTOR OF EQUALIZATION
SDCL 10-6-35.12 and 10-6-35.18
I certify that the assessed value of the above described property is as follows:
1. Assessed value with renewable resource energy system
2. Assessed value without renewable resource energy system
3. Net difference
4. Actual installed cost
5. Amount shown on line 3 or 4 whichever is greater
6. Less Federal Income tax credit, if any (10-6-35.14)
7. Base assessment credit line 5 less line 6
Assessment Credit (10-6-35.15)
1st year _______________ 2nd year _______________ 3rd year _______________
4th year _______________5th year _______________ 6th year _______________
Director of Equalization or Authorized Personnel
ACTION BY COUNTY AUDITOR
Pursuant to SDCL 10-6-35.18, the assessed valuation of the property described above is reduced in the amount of _________________________ as specified above by the
Director of Equalization.
(1) For residences, not less than the actual installed cost of the renewable resources energy system (SDCL 10-6-35.12) and
(2) For commercial use, not less than fifty percent of the actual cost of the renewable resource energy system
shall be allowed as credit (SDCL 10-6-35.13) reduced by any federal income tax credit available in the current year and the County Treasurer is hereby credited
with this amount and the same is deducted from the tax list.
NOTE: File between November 1 and December 10 (10-6-35.16)
Original to be filed with County Auditor
One copy to Department of Revenue
One copy to Assessor
One copy to taxpayer
SD REV PT 8 (5/01)
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