Instructions For Pa Schedule Oc-V (Page 2 of 2) in pdf

PA SCHEDULE OC-V

PA-40 OC-V (09-08) (I)

PA DEPARTMENT OF REVENUE

ization that is a subgroup of a larger organization,

participates. Additional credits of $100 also may not

include the larger organization’s FDID or EMSLN.

be obtained for active service in more than one type

of volunteer organization. In addition, service in more

Line 4 - Enter the qualified volunteer organization’s

than one organization during the same months does

Federal Employer Identification Number (FEIN). If

not count as multiple months of service with regards

an FEIN has not been assigned or applied for by the

to this credit. For example, volunteer service for a

qualified volunteer organization, please leave blank.

qualified rescue company and qualified ambulance

Line 5 - Enter the name of the qualified volunteer

service for the same six month period qualifies the

organization’s Chief or President.

taxpayer volunteer for six months of credit, not 12.

Part III Credit Calculation

Taxpayer volunteers who were active in more than

one qualified volunteer organization in different

Line 6 – Indicate the time period for which the

parts of the year (due to changes of personal resi-

credit is claimed. Taxpayer volunteers claiming a

dence, changes due to personal preference of

credit for the entire year should input January 2008

qualified volunteer organization, or other reasons

through December 2008. Taxpayer volunteers with

for partial service with multiple organizations) are

less than 12 months of qualified volunteer service

required to submit only one application for the cred-

should input the beginning and ending months of

it related to service from the most recently served

service. See “Volunteer Service in Multiple Qualified

qualified volunteer organization. The Chief or

Volunteer Organizations” for additional information.

President of the most recently served qualified vol-

Line 7 - Indicate the number of months or partial

unteer organization must obtain certification from

months the taxpayer volunteer was an active vol-

all other qualified volunteer organizations previous-

unteer and met the volunteer service points

ly served by the taxpayer. The Chief or President

requirement. Add the number of months for appli-

may then sign off where appropriate, certifying

cants with volunteer service in multiple qualified

receipt of verification of the service under a prior

volunteer organizations. Do not add overlapping

organization for previous months. Chiefs or

months of service. See “Volunteer Service in

Presidents signing off on multiple qualified volun-

Multiple Qualified Volunteer Organizations” for

teer service must check the multiple service box

additional information.

below their signature line on the form. Chiefs or

Line 8 - Using the chart included on the form as a

Presidents may request copies of the PA Schedule

reference, enter the allowable credit using the num-

OC-V from other volunteer organizations as certifi-

ber of months the taxpayer was an active volunteer.

cation of service in those volunteer organizations.

The maximum credit is $100 per taxpayer. Enter the

Carry-Over Credit Worksheet. The Carry-Over

amount of the allowable credit here and on Line 12

Credit Worksheet may be completed by any appli-

of PA Schedule OC.

cant who files the PA Schedule OC-V and knows

he/she will not be able to use the credit because of

Part IV Signatures and Oaths

insufficient tax liability or Tax Forgiveness Credit for

Line 9 - The taxpayer volunteer claiming the cred-

2008. The information included on this worksheet is

it must sign and date the application certifying that

for informational purposes only and is not final.

the required service points have been achieved for

Line a – Enter the allowable credit from Line 8 above.

the number of months included on Line 7.

Line b – Enter your tax liability from Line 12 of your

Line 10 - The Chief or President of the qualified vol-

PA-40 return.

unteer organization must sign and date the

application certifying the taxpayer achieved the

Line c – Enter the amount any Tax Forgiveness

required service points through the qualified service

Credit you claimed on Line 21 of your PA-40

organization named on Line 5. See “Volunteer

return. If Line 13 of PA Schedule SP, Special

Service

Multiple

Qualified

Volunteer

Tax Forgiveness, is completed, add the

Organizations” for additional information.

amount from Line 13 of PA Schedule SP to

the amount from Line 21 of your PA-40

Volunteer Service in Multiple Qualified

before entering the amount on Line c.

Volunteer Organizations

Line d – Subtract Line c from Line b.

Taxpayer volunteers active in more than one qualified

volunteer organization during the tax year may only

Line e – Subtract Line d from Line a. If zero or less,

receive a credit up to the maximum credit of $100 for

enter zero. This is the amount of carry-

active volunteer service regardless of how many

over credit that may be available to you for

qualified volunteer organizations in which he or she

purposes of claiming in a future tax year.

PAGE 3

Instructions For Pa Schedule Oc-V Page 2

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