Form Nc-478g - 2009 Tax Credit Investing In Renewable Energy Property printable pdf download

2009 Tax Credit

NC-478G

Investing in Renewable Energy Property

Web

12-09

North Carolina Department of Revenue

Legal Name (First 10 Characters)

SSN or FEIN

Part 1.

Qualifying Information

Type of Renewable Energy Property

Address and County Where Energy Property is Placed in Service

Fill in all applicable circles:

Biomass

Solar electric

Wind

Hydroelectric

Passive solar

Biofuels

Solar thermal

Daylighting

Geothermal

Type of Residence or Purpose Served

Fill in applicable circles:

Single-family dwelling

Duplexes, apartments, or other multi-family building

Nonresidential purpose

Part 2.

Computation of Credit Amount for Investing in Property Serving Single-Family Dwelling in 2009

(This credit must be taken in 2009.)

Cost of renewable energy property constructed, purchased, or leased

and placed in service in N.C. in 2009 for one single-family dwelling

2. Multiply Line 1 by 35.0%

Maximum credit

(Enter applicable maximum)

Enter $1,400 for solar energy equipment for domestic water heating

Enter $3,500 for solar energy equipment for active or passive space

heating or for combined domestic water heating and space heating

Enter $8,400 for a geothermal heat pump or geothermal equipment in

residential property

Enter $10,500 for any other renewable energy property

4. Credit Amount for Investing in Single-Family Renewable Energy Property

Enter the lesser of Line 2 or Line 3 here and on Part 4, Line 10

Part 3.

Computation of Credit Amount for Investing in Property Serving a Nonresidential Purpose

or a Multi-Family Building in 2009

(The first installment of this credit must be taken in 2009.)

Cost of renewable energy property placed in service in N.C. in 2009

Multiply Line 5 by 35.0%

Maximum credit

(Enter applicable maximum)

Enter $2,500,000 for property that serves a nonresidential purpose

Enter $1,400 multiplied by the number of dwelling units served for

solar energy equipment for domestic water heating

Enter $3,500 multiplied by the number of dwelling units served for

solar energy equipment for active or passive space heating or for

combined domestic water heating and space heating

Enter $8,400 for a geothermal heat pump or geothermal equipment in

residential property

Enter $10,500 for any other renewable energy property

8. Credit Amount for Investing in Nonresidential or Multi-Family Renewable Energy Property

Enter the lesser of Line 6 or Line 7 here and on Credit History Table in Part 5

Amount of each installment

(Credit is taken in 5 installments)

Divide Line 8 by the number 5; enter here and on Part 4, Line 11

File with NC-478

Form Nc-478g - 2009 Tax Credit Investing In Renewable Energy Property

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