Clean Fuel Infrastructure Development Worksheet For Tax Year 2006 printable pdf download

Clean Fuel Infrastructure Development Worksheet For Tax Year 2006

CLEAN FUEL INFRASTRUCTURE DEVELOPMENT

WORKSHEET FOR TAX YEAR 2006

36 M.R.S.A. § 5219-P

TAXPAYER NAME: _____________________________________ EIN/SSN: ________________

Note: Owners of pass-through entities (partnerships, LLCs, S corporations, trusts, etc.) making an eligible

investment, see instructions. Also, please provide name and ID number of the pass-through entity on the

lines below.

NAME OF PASS-THROUGH ENTITY

EIN/SSN

________________________________________________________________

____________________________

Qualiﬁ ed expenditures in 2006 ________________ x .25 .....................................................1. __________________

Maine taxable income generated from the sale of clean fuels multiplied by

applicable tax rate on Maine taxable income _____ % ..........................................................2. __________________

Tax Rate Formula:

Tax Liability: _____________ divided by Taxable income: _____________ equals Tax Rate: ____________

(See instructions for details)

Credit Amount: Enter the smaller of line 1 or line 2 (Corporations, enter this amount

here and on Form 1120ME, Schedule C, line 29l, Credit Claimed) ...................................... 3. ____________ ______

Carryforward from previous year ............................................................................................4. __________________

Total credit available this year: Line 3 plus line 4 (enter here and on Form 1120ME,

Schedule C, line 29l or Form 1040ME, Schedule A, line 18) ..................................................5. __________________

Carryforward: Line 1 minus line 3 plus any unused amount on Form 1120ME,

Schedule C or Form 1040ME, Schedule A .............................................................................6. __________________

Rev. 11/06

Clean Fuel Infrastructure Development Worksheet For Tax Year 2006