Maine Fishery Infrastructure Investment Tax Credit Worksheet

MAINE FISHERY INFRASTRUCTURE INVESTMENT

TAX CREDIT WORKSHEET FOR TAX YEAR 2012

36 M.R.S.A. § 5216-D

TAXPAYER NAME: _____________________________________ EIN/SSN: ________________

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

see instructions. Enter name and ID number of the pass-through entity on the lines below.

NAME OF PASS-THROUGH ENTITY

EIN/SSN

________________________________________________________________

____________________________

Note: You cannot claim this credit if the investment or contribution is claimed as a deduction for federal tax purposes.

Total credit from the tax credit certiﬁ cate issued by the Department of

Inland Fisheries and Wildlife during the tax year beginning in 2012 ............................... 1. _____________________

Total credit available this year. Line 1 multiplied by 25% ................................................. 2. _____________________

Tax liability for tax year beginning in 2011. Enter the amount from 2011

Form 1040ME, Schedule A, line 20; 2011 Form 1120ME, line 7a; or 2011 Form

1041ME, Schedule A, line 16 . .............................................................. ........................... 3. _____________________

Line 3 multiplied by 50% ...................................................................................................4. _____________________

Credit amount. Enter the smaller of line 2 and line 4. Also enter this amount on Form

1040ME, Schedule A, line 18; Form 1120ME, Schedule C, line 29n; or Form 1041ME,

Schedule A, line 14. ....................................................................................................... 5. _____________________

This credit is limited to your Maine income tax liability. If you didn’t use

all of the credit on line 2 this year, you may carry the unused portion

forward for up to 15 years.

Amount of 2012 credit available for the next three years:

a. 2013. Enter line 1 multiplied by 25% ....................................................................... 6a. _____________________

b. 2014. Enter line 1 multiplied by 25% ....................................................................... 6b. _____________________

c. 2015. Enter line 1 multiplied by 25% ....................................................................... 6c. _____________________

Rev. 9/13

Maine Fishery Infrastructure Investment Tax Credit Worksheet - 2012