Form D-30cr - Business Tax Credits Return printable pdf download

200__

Business Tax Credits Return

Government of the District of Columbia

Qualified High Technology

OFFICIAL USE:

Company Not A Corporation

(File With Form FP-332)

D-30CR

FOR TAX YEAR BEGINNING AFTER DECEMBER 31, 200__

Tax Year beginning ______________, __________ 200__ and ending ______________, __________

200__

BUSINESS NAME _____________________________________________________

FEDERAL EMPLOYER IDENTIFICATION NUMBER OR SOCIAL SECURITY NUMBER _______________________________________

TAX CREDIT FOR COSTS OF RETRAINING QUALIFIED DISADVANTAGED

EMPLOYEES DURING THE FIRST 18 MONTHS OF EMPLOYMENT

DOLLARS ONLY

Retraining Tax Credit to be Refunded

1. Retraining costs (enter total from line 12, Form FP-332, Column A) . . . . . . . . . . . . . . . . . . . . . . . . . . . $

2. Maximum allowed total (from line 12, Form FP-332, Column C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

3. Line 1 or 2 whichever is less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

4. Retraining costs claimed in prior years (line 12, Form FP-332, Column D) . . . . . . . . . . . . . . . . . . . . . . . .

5. Retraining costs allowed in current year (Line 3 minus Line 4)

. . . . . . . . . . . . . . . . $

. . . . . . . . . . . . . .

6. Amount of Retraining Tax Credit to be refunded (Line 5 times .50) . . . . . . . . . . . . . . . . . . . . . . . . . . . . $

INSTRUCTIONS

(Refundable Business Tax Credit for Retraining Costs Incurred By

Unincorporated Business Qualified High Technology Companies)

PURPOSE

An unincorporated business that qualifies as a Qualified High Technology Company and has

incurred retraining costs for disadvantaged employees may claim a refundable business tax credit

equal to 50% of the cost to retrain these disadvantaged employees. The credit may not exceed

$20,000 per disadvantaged employee during the first 18 months of employment.

DUE DATE

Each person or entity, other than a corporation, must file the Business Tax Credits Return (Form

D-30CR) together with the Claim for Refund of Retraining Costs (Form FP-332) on or before the

15th day of the fourth month following the close of its accounting period.

FILING THE RETURN

Mail the completed Forms D-30CR and FP-332 to the Office of Tax and Revenue, P .O. Box 610,

Washington, D.C. 20044-0610

Form D-30cr - Business Tax Credits Return