CIT-4
NEW MEXICO CORPORATE PRESERVATION OF CULTURAL PROPERTIES CREDIT
Name of Corporation
New Mexico CRS I.D. Number
Federal Employer Identification Number
(FEIN)
Actual location of property(s)
As provided by New Mexico Enterprise Zone Program Officer:
Date of Project Approval: ___________________________
Project Approval Number: ________________________
Date of Credit Approval: ____________________________
Amount of Credit Approval: $ _____________________
Has credit for this project been claimed in any other taxable year?
NO
YES
If YES, indicate year(s) ______________________________
If the owner of the project is a partnership, joint venture or association, list each owner, the New Mexico CRS Identifica-
tion Number or social security number, and percent of interest.
Name
I.D. Number
Percentage Interest
a. _______________________________________
___________________________
________________
b. _______________________________________
___________________________
________________
c. _______________________________________
___________________________
________________
d. _______________________________________
___________________________
________________
1. Amount approved for credit, this year ..................................................................................... $ ___________________
2. Amount approved for credit, prior year ...................................................................................... ___________________
3. Total credit approved for this project (Line 1 plus Line 2) .......................................................... ___________________
4. Multiply by .................................................................................................................................
50%
5. Enter less of line 3 x line 4 OR $25,000..................................................................................... ___________________
This is the Maximum Qualified Business Facility Rehabilitation Credit Available
6. Credit claimed in prior years ...................................................................................................... ___________________
7. Credit available this year (Line 5 minus Line 6) ......................................................................... ___________________
8. New Mexico liability (from Line 12, CIT-1 Form) ........................................................................ ___________________
Enter the lesser of Line 7 or Line 8 on Line 13, CIT-1 Form
9. Credit available for carryover (Line 7 minus Line 8) ................................................................... ___________________
NOTE: Failure to attach this form and the approval from the New Mexico Enterprise Zone
Program Officer to your income tax return will result in denial of the credit claimed.