Form Sc Sch.tc-41a - Application For Renewable Fuels Tax Credits

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STATE OF SOUTH CAROLINA
1350
1350
DEPARTMENT OF REVENUE
SC SCH.TC-41A
APPLICATION FOR
(Rev. 12/14/07)
RENEWABLE FUELS
3451
TAX CREDITS
2008
Attach to your Income Tax Return
Name As Shown On Tax Return
SS No. or Fed El No.
Mailing Address
Contact Person
Street
Contact Person's Title
City
County
State
ZIP
Telephone Number
(
)
Physical Address
Fax Number
Street
(
)
Email
City
County
State
ZIP
Complete a separate TC-41A for each facility.
All applications must be submitted by July 15, 2008.
1. Number of facilities qualifying for these credits (Complete a separate TC-41A for each.)…………
1.
Production property credit
2. Enter the amount of costs incurred by you in constructing or renovating a building and
equipping a facility in this State in order to produce renewable fuel..........……………………….....
2.
$
3. Multiply line 2 by 25% (0.25). This is the tentative amount of your production property credit...….
3.
$
Distribution and dispensing property credit
4. Enter the amount of costs incurred by you in purchasing or constructing and installing property
used for distribution or dispensing renewable fuel at a new or existing commercial fuel
distribution or dispensing facility in this State …………………………………………………………..
4.
$
5. Multiply line 4 by 25% (0.25). This is the tentative amount of your distribution and dispensing
property credit ………………………………………………………………………………....................
5.
$
Date
Signature of Officer (or other appropriate official)
Print Officer's Name
Mail To: SC Department of Revenue
Research & Review
Columbia, SC 29214-0019
Title
NOTE: The amounts on lines 3 and 5 are the maximum amount of credit possible. The total production property credit for
one taxpayer for all years is limited to $1,000,000. The total amount of credit for all eligible claims for a fiscal year is limited
to $150,000. The Department of Revenue will determine the actual credit amount after the deadline for filing claims. The
Department will then notify each taxpayer of the amount of credit allowed. Unused credit may be carried forward for 10
years.
34511014

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