Form Ri-2642 - Computation Of Small Business Tax Credit - 2003
ADVERTISEMENT
1RI 2642
2003
State of Rhode Island - Division of Taxation
Computation of Small Business Tax Credit
For calendar year 2003 or
years beginning _____________________, 2002 and ending _________, 2003
REFER TO INSTRUCTIONS ON BACK OF FORM
Small Business Name: _______________________________________________________________
Mailing Address: __________________________________________________________________
Street
City/town
Zip
Federal Employer Identification Number: _____________________________________
Social Security Number [if sole proprietorship] _________________________________
The small business is formed under Rhode Island law as:
a corporation
a partnership
a joint venture
a sole proprietorship
a limited liability company
other _________________________________
LOAN INFORMATION
Date of SBA loan: _________________________________
Amount of SBA loan: ______________________________
SBA loan number *: ________________________________
* In order to claim credit for the SBA guaranty fee, the taxpayer/small business
must
be the primary obligor in the financing; and be the entity that actually paid the fee.
Calculation:
1.
The guaranty fee paid to the US Small Business
Administration solely for obtaining SBA guaranteed financing
$ _________
2.
RI tax due under :
44-11
_________
(enter one only)
44-17
_________
44-30
_________
3.
Amount of guaranty fee used as credit*
(enter here and on appropriate line of the small business’ tax return)
_________
4.
Amount of credit carried forward**
_________
* The credit cannot reduce the tax below the minimum.
** For tax years beginning after December 31, 1997, amounts of unused credit
may be carried forward for four [4] years.
ATTACH SBA GUARANTY FEE DOCUMENTS TO THIS FORM
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial