Seed Capital Investment Tax Credit Worksheet For Tax Year 2002 - Maine Department Of Revenue

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SEED CAPITAL INVESTMENT TAX CREDIT
WORKSHEET For Tax Year 2002
36 M.R.S.A. § 5216-B
TAXPAYER NAME:__________________________________________EIN/SSN:__________________
Note: Owners of passthrough entities (partnerships, LLCs, S corporations, trusts, etc.) making an eligible investment,
see the note in the specific line instructions. Also, please provide name and ID number of the passthrough entity on
the lines below.
NAME OF PASSTHROUGH ENTITY
EIN/SSN
1.
For certificates issued in 2001: 50 % of the credit certificate amount issued prior to September
21, 2001 and 15% of the credit certificate amount issued on or after September 21, 2001.
(Attach copy of certificates) ..........................................................................................
_____________
2.
Unused credit amounts carried to 2002 (See instructions) ............................................
_____________
3.
Investment credit certificate amounts for investments made January 1, 2002 through
June 30, 2002 _________________X .15 ................................................................
_____________
4.
Investment credit certificate amounts for investments made July 1, 2002 through
December 31, 2002. _______________ X .25 ..........................................................
_____________
5.
Total credit available this year (Add lines 1,2, 3 and 4). Corporations, enter here and on
Form 1120ME, Schedule C, line 29a, on the Gross Credit line ..................................
_____________
6.
Tax before credits (Form 1120ME, line 7c or Form 1040ME, line 23)___________X .50 ...
_____________
7.
Current Year Credit amount: Enter the smaller of line 5 or line 6 ..............................
_____________
(enter here and on Form 1120ME, Schedule C, line 29a or Form 1040ME, Schedule A, line 9)
8.
Carryover: Line 5 minus line 7 plus any unused amount on Form 1120ME, Schedule C or
Form 1040ME, Schedule A. See instructions ..............................................................
_____________
9.
Amount of credit available for future years relating to credit certificates issued for eligible investments made in 2002.
a.
2003 (line 3 gross certificate amount above x .15 plus line 4 gross certificate amount
above x .25). Enter total here ...................................................................................... ______________
b.
2004 (line 3 gross certificate amount above x .15 plus line 4 gross certificate amount
above x .25). Enter total here.......................................................................................______________
c.
2005 (line 3 gross certificate amount above x .15 plus line 4 gross certificate amount
above x. .25). Enter total here ..................................................................................... ______________
d.
2006 (line 3 gross certificate amount above x .15) ....................................................... ______________
e.
2007 (line 3 gross certificate amount above x .15) ....................................................... ______________
f.
2008 (line 3 gross certificate amount above x .10)........................................................______________

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