Fillable Montana Form Fpc - Film Production Credit

MONTANA

Clear Form

FPC

Rev 04 14

2014 Film Production Credit

15-31-901 through 15-31-911, MCA

Name (as it appears on your Montana tax return)

Social Security

Federal Employer

Number

Identification Number

If this credit is passed through to you from a partnership or S corporation, enter the entity’s name, FEIN and the

percentage used to report the partnership or S corporation’s income or loss for Montana income tax purposes.

Name ____________________________________ FEIN

Percentage ___________ %

Film Certification Number issued by the Montana Department of Commerce ___________________________________

Employment Production Credit

Enter your 2014 employment production credit from Schedule I,

Column E, line 19 here. This is your employment production credit. .............................. 1. __________________

Employment Production Credit Election: The taxpayer can make a one-time election to claim the employment

production credit as follows:

• the credit may be refunded, or

• the credit may be applied against the 2014 tax liability with any unused credit carried forward for the four

succeeding tax years.

If the production company is a C corporation, sole proprietorship, or a limited liability company taxed as a C

corporation, the election is made by the production company. If the production company is an S corporation, a

partnership, or a limited liability company taxed as an S corporation or partnership, the election is made by each of

the shareholders, partners or members for their share of the credit, and not by the entity.

Mark the box below for your election.

q Carryover Credit

q Refundable Credit

Qualified Expenditures Credit

Enter your 2014 qualified expenditures credit from Schedule II, Column D, line 23 here.

This is your qualified expenditures credit. ........................................................................ 2. __________________

The qualified expenditures credit portion of your film production credit is required to be refunded for tax year 2014 if your

tax liability is less than the amount of the credit. If you are claiming the Qualified Expenditures Credit, a corporate officer,

partner or member is required to certify that all Montana vendors were paid in full.

Certification Statement

I, ____________________________________________ , certify under penalty of false swearing, as provided in 15-31-

908(2)(b), MCA, that each Montana vendor has been paid in full for all goods and services purchased in connection with

the state-certified production.

___________________

______________________________________________________

Date

Signature of Corporate Officer, Partner, or Member

______________________________________________________

Printed Name and Title

Total Film Production Credit

Add lines 1 and 2. This is your total film production credit. ............................................. 3. __________________

►You are required to complete a separate Form FPC for each qualifying production for which you are applying for the

production credit.

Where to Report Your Credit

► Individuals: Form 2, Schedule V

► S corporations: Form CLT-4S, Schedule II

► C corporations: Form CIT, Schedule C

► Partnerships: Form PR-1, Schedule II

Montana Form Fpc - Film Production Credit - 2014

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