Instructions For Form It-254 - Claim For Residential Fuel Oil Storage Tank Credit Personal Income Tax - New York State Department Of Taxation And Finance - 2003 Page 4

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Page 4 of 4 IT-254-
(2003)
Schedule D — Partner’s or beneficiary’s share of credit
beneficiaries on the same basis as the income of the estate or
trust is allocated.
Partners or beneficiaries must complete Schedule D.
Enter your share of the residential fuel oil storage tank credit
Schedule F — Computation of credit
from a partnership or estate or trust on the appropriate lines in
Schedule D. This information should be provided to you by the
Complete lines 7, 8, and 9, whichever lines apply to you.
partnership or estate or trust. If you belong to more than one
Line 11 — Enter the total of the line 10 amounts from any
partnership or estate or trust, enter the total of all your shares
additional Form(s) IT-254 attached. (See Note under
on the appropriate line.
Schedule A on page 3.) If you are filing only one Form IT-254,
Estates and trusts: Include on line 5 only your share of the
enter “0.”
residential fuel oil storage tank credit from another estate or
Line 12 — Enter the amount of net credit available for carryover
trust.
to 2003. The net credit available for carryover is that portion of
your prior residential fuel oil storage tank credit from 2002
Schedule E — Beneficiary’s and fiduciary’s share of the
Form IT-201-ATT, line 60; 2002 Form IT-203-B, line 46; 2002
credit
Form IT-204, line 24; or 2002 Form IT-205, line 10; that was not
applied to your 2002 tax.
An estate or trust must complete Schedule E.
Column C — Include in the total line, column C, both the estate
Line 13 — If you shared the cost of removing, permanently
or trust’s credit from Schedule B, line 3, and the estate’s or
closing, or installing a new residential fuel oil storage tank, see
trust’s share of the credit from Schedule D, line 5. The total
Special rules starting on page 2 of these instructions.
credit is allocated between the estate or trust and its
Need help?
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NYS TAX DEPARTMENT
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PERSONAL INCOME TAX INFORMATION CENTER
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W A HARRIMAN CAMPUS
To order forms and publications:
1 800 462-8100
ALBANY NY 12227
Personal Income Tax Information Center: 1 800 225-5829
From areas outside the U.S. and
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