Form Ct-40 - Claim For Alternative Fuels Credit - New York State Department Of Taxation And Finance

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CT-40
Calendar year filers
New York State Department of Taxation and Finance
enter calendar year:
Claim for Alternative
(8/99)
Other filers enter tax period:
Fuels Credit
beginning
Tax Law — Article 9, Sections 183, 184, 185, 186, and Article 9-A
ending
Name
Employer identification number
File number
Attach this form to your tax return
Credit summary information
(Complete Sections I through VI as appropriate before completing this summary)
1 Alternative fuels credit from preceding tax years ..........................................................................................
1
2 Alternative fuels credit from the current tax year
.....................................................................
2
(from line 28)
3 Alternative fuels credit received from affiliates
...............................................
3
(from line 35 - see instructions)
4 Total
.............................................................................................................................
4
(add lines 1, 2, and 3)
5 Alternative fuels credit used this tax year
..........................................................................
5
(see instructions)
6 Subtotal
.................................................................................................................
6
(subtract line 5 from line 4)
7 Alternative fuels credit transferred to affiliates
...............................................
7
(from line 39 - see instructions)
8 Balance
.................................................................................................................
8
(subtract line 7 from line 6)
9 Recapture of alternative fuels credit
........................................................................................
9
(from line 31)
10 Balance to be carried forward to the next tax year
) ............................................... 10
(subtract line 9 from line 8
Section I - Credit for electric vehicles
Use a separate column for each vehicle. If you need more columns, use additional Forms CT-40 and include the total on line 15.
Vehicle A
Vehicle B
Vehicle C
11 Incremental cost of vehicle
11
(see instructions) .............
12 Multiply line 11 by 50% (.5) ..................................... 12
13 Maximum credit per vehicle .................................... 13
5,000
5,000
5,000
14 Enter the smaller of line 12 or line 13 ..................... 14
15 Current year credit for electric vehicles
................................................................... 15
(add line 14, all vehicles)
Section II - Credit for clean-fuel vehicle property
Part A - Vehicles with a gross vehicle weight of 14,000 pounds or less.
Use a separate column for each vehicle. If you need more columns, use additional Forms CT-40 and include the total on line 20.
Vehicle A
Vehicle B
Vehicle C
16 Cost of new clean-fuel components of vehicle
16
(see instructions) ...........................................................
17 Multiply line 16 by 60% (.6) .................................... 17
18 Maximum credit per vehicle .................................... 18
5,000
5,000
5,000
19 Enter the smaller of line 17 or line 18 ..................... 19
20 Current year credit for clean-fuel vehicle property
.................................................. 20
(add line 19, all vehicles)
Part B - Vehicles with a gross vehicle weight over 14,000 pounds.
Use a separate column for each vehicle. If you need more columns, use additional Forms CT-40 and include the total on line 25.
Vehicle A
Vehicle B
Vehicle C
21 Cost of new clean-fuel components of vehicle
21
(see instructions) ...........................................................
22 Multiply line 21 by 60% (.6) .................................... 22
23 Maximum credit per vehicle .................................... 23
10,000
10,000
10,000
24 Enter the smaller of line 22 or line 23 ..................... 24
25 Current year credit for clean-fuel vehicle property
.................................................. 25
(add line 24, all vehicles)
CT-40

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