Super Credit For Substantially Increased Research And Development Worksheet

SUPER CREDIT FOR SUBSTANTIALLY INCREASED

RESEARCH AND DEVELOPMENT

WORKSHEET FOR TAX YEAR 2012

36 M.R.S.A. § 5219-L

TAXPAYER NAME: _____________________________________ EIN/SSN: ________________

Note: Owners of pass-through entities (such as partnerships, LLCs, S corporations and trusts) making an eligible

investment, see instructions. Enter name and ID number of the entity on the lines below. Also enter your ownership

percentage in the pass-through entity for the tax year.

OWNERSHIP

NAME OF PASS-THROUGH ENTITY

EIN/SSN

PERCENTAGE

_______________________________________________

_______________________

________ %

1. Total qualiﬁ ed research expenses spent for research conducted in Maine

during tax year 2012 (federal Form 6765, Section A, line 9 or Section B, line 28) ................. 1. __________________

2. Super credit base amount.

Qualiﬁ ed research expenses spent for research conducted in Maine for the three

taxable years immediately preceding June 12, 1997. For calendar year ﬁ lers,

these are:

1994 ____________

1995 ____________

1996 ____________

Total ____________ ÷ 3 = _____________ x 1.5 = Super credit base amount ................... 2. __________________

3. Current year credit. Qualiﬁ ed research expenses in excess of super credit base amount

(subtract line 2 from line 1) ..................................................................................................... 3. __________________

4. Carryover from previous years (see instructions) ................................................................... 4. __________________

5. Total credit available this year (add line 3 and line 4) ............................................................. 5. __________________

6. 2012 tax after other credits (Form 1120ME, line 7a minus other credits claimed on

Schedule C, line 29o (except line 29h) or Form 1040ME, Schedule A, line 20

minus credits claimed on Schedule A, line 21 (except line 12)) .............................................. 6. __________________

7. Line 6 x 50% (0.50) ................................................................................................................. 7. __________________

8. Year 2011 tax less credits (2011 Form 1120ME, line 7a minus 8c, or 2011 Form

1040ME, line 26 less any amount of minimum tax on Schedule A, line 3c) .......................... 8. __________________

9. Subtract line 8 from line 6 and enter the difference here ........................................................ 9. __________________

10. Credit amount: Enter the smallest of line 5, line 7 or line 9 (enter here and on

Form 1120ME, Schedule C, line 29h or Form 1040ME, Schedule A, line 12) ...................... 10. __________________

Unused credit amounts may be carried forward for up to 5 years.

Rev. 1/13

Super Credit For Substantially Increased Research And Development Worksheet - 2012

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