Schedule Rz - Schedule For Renaissance Zone Income Exemption And Tax Credits - 2012 Page 2
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4North Dakota Office of State Tax Commissioner
2012 Schedule RZ, page 2
Taxpayer's name as shown on tax return
Social security number (or FEIN, if applicable)
Part 2 Business purchase or expansion tax credit
See the instructions for Part 2 on page 6 of the booklet.
1. Fill in this circle only if the taxpayer is eligible for this credit and is irrevocably electing to claim it in
lieu of the business income exemption (in Part 1 of this schedule) . . . . . . . . . . . . . . . . . . . . . . . . .
2.
Project number assigned by the local zone authority (Attach a copy of final zone project approval letter)
3.
Renaissance zone city in which the project is located
4.
Street address of project property
Yes
No
5.
Does taxpayer have more than one zone project at the address shown on line 3 above?
If yes, enter all of the project numbers here
6.
Type of qualifying transaction:
a
Purchase of new business
b
Expansion of existing business
c
Leasehold improvement
7.
If a is checked on line 6, enter the date the qualifying property was obtained. If b or c is checked
/
/
7
on line 6, enter the date the expansion or leasehold improvement work was completed . . . . . . . . . . .
/
/
Credit period start date (per final zone project approval letter) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
8.
See page 7 for instructions to line 9 before attempting to complete it.
Number of months of eligibility for this credit for the 2012 tax year . . . . . . . . . . . . . . . . . . . . . . . .
9
9.
Business purchase or expansion tax credit for the 2012 tax year. Enter the applicable amount (as
10.
10
explained below) here and on page 4, Part 7, line 2, of this schedule . . . . . . . . . . . . . . . . . . . . . . .
If "12" was entered on line 9, enter $2,000 on line 10.
If a number less than "12" was entered on line 9, multiply the number on line 9 by
$166.67, and enter the result on line 10.
Part 3 Single-family residence tax credit
See the instructions for Part 3 on page 7 of the booklet.
Project number assigned by the local zone authority (Attach a copy of final zone project approval letter)
1.
Renaissance zone city in which the project is located
2.
Street address of project property
3.
Does taxpayer have more than one zone project at the address shown on line 3 above?
Yes
No
4.
If yes, enter all of the project numbers here
Type of qualifying transaction (per final zone project approval letter):
5.
Purchase
Qualified rehabilitation
a
b
/
/
6
6.
If a was checked on line 5, enter the date title to the qualifying property was obtained . . . . . . . . . . . .
/
/
7.
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If a was checked on line 5, enter the date on which the taxpayer first occupied the qualifying property
/
/
8
If b was checked on line 5, enter the date on which the rehabilitation work was completed . . . . . . . . .
8.
/
/
9
Credit period start date (per final zone project approval letter) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.
See page 8 for instructions to line 10 before attempting to complete it.
10
Number of months of eligibility for this credit for the 2012 tax year . . . . . . . . . . . . . . . . . . . . . . . . .
10.
11.
Single-family residence tax credit for the 2012 tax year. Enter the applicable amount (as explained
11
below) here and on page 4, Part 7, line 3, of this schedule
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If "12" was entered on line 10, enter $10,000 on line 11.
If a number less than "12" was entered on line 10, multiply the number on line 10 by
$833.33, and enter the result on line 11.
Attach all 4 pages of Schedule RZ to the North Dakota return
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