Montana Form Rcyl - Recycle Credit/deduction - 2016

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CLEAR FORM
MONTANA
RCYL
Rev 04 16
2016 Recycle Credit/Deduction
15-32-603 and 15-32-610, MCA
Name (as it appears on your Montana tax return)
Social Security
Federal Employer
-
-
-
OR
Number
Identification Number
Part I. Partners in a Partnership or Shareholders of an S Corporation
Enter your portion of the recycle credit here. See instructions.
$_____________________
Business Name of Partnership or S Corporation
Federal Employer
-
Identification Number
___________________________________________________
Part II. Qualifications
1. Was the qualifying machinery/equipment purchased on or after the first day of the current taxable year
and before the last date of the current taxable year? ...............................................................................  Yes  No
2. Was the machinery/equipment located and operating in Montana on the last day of the taxable year
for which the credit is claimed? .................................................................................................................  Yes  No
If you answered No to questions 1 or 2, stop here. You do not qualify.
3. Is the machinery/equipment used in Montana to produce energy from reclaimed material? ....................  Yes  No
If you answered Yes to question 3, stop here. You do not qualify.
4. Answer all of the following questions (a,b, and c). If you answer No to all of them, you do not qualify.
a. Is the machinery/equipment used in Montana primarily for collections or processing reclaimed
material? ................................................................................................................................................ Yes  No
b. Is the machinery/equipment used in Montana primarily for the manufacturing of finished products
from reclaimed materials? .....................................................................................................................  Yes  No
c. Is the machinery/equipment used to treat soils contaminated by hazardous wastes? ..........................  Yes  No
If you do not qualify for the credit, go to Part V.
Part III. For equipment used in Montana
1. Please explain in detail the equipment purchased and how it is used and include a copy of any pamphlets or other
related supporting information ______________________________________________________________________
______________________________________________________________________________________________
2. Date of purchase ____________________________ (A copy of sales receipt is required.)
3. Cost of equipment (the total cost of equipment in Part III and Part IV may not exceed $1,000,000) ........ $ ___________
4. Computation of credit (multiply the cost of the equipment by the following percentages):
Multiply the first $250,000 by 25% (0.25) ...................................................................
___________
Multiply the next $250,000 by 15% (0.15) ..................................................................
___________
Multiply the next $500,000 by 5% (0.05) ....................................................................
___________
Total Credit .................... $ ___________

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