Form C-8000mc Final Draft - Sbt Miscellaneous Credits - 2007
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4Michigan Department of Treasury
2007
Final Draft - 10/05/07
(Rev. 10-07)
2007 MICHIGAN
C-8000MC
SBT Miscellaneous Credits
Issued under authority of P.A. 228 of 1975. See instruction booklet for filing guidelines.
2. Federal Employer ID Number (FEIN) or TR Number
1. Name
Read the instructions to determine eligibility before claiming any of these credits.
PART 1: REFUNDABLE CREDITS
.00
3. Enter the MEGA Employment Tax Credit from the Annual Tax Credit Certificate ........................................
3.
______________
4. Enter the amount of WDSB Credit allowed by the Bureau of Worker’s Disability Compensation ..............
4.
______________
.00
A
C
APPRENTICESHIP CREDIT. ENTER NAICS CODE _______________
B
5. Enter all payroll and wages paid to each apprentice or special
apprentice. Include the value of fringes and other payroll expenses 5.
6. Multiply line 5 by 50% .......................................................................
6.
7. Enter all educational costs paid for each apprentice or special
apprentice during the tax year ..........................................................
7.
8. Add lines 6 and 7 ..............................................................................
8.
9. Enter the amount on line 8 - limited to $1,000, $2,000 or
$4,000 (see instructions) .................................................................
9.
.00
10. Apprenticeship Credit. Add line 9 across ................................................................................................... 10. _______________
HYBRID TECHNOLOGY RESEARCH AND DEVELOPMENT CREDIT
.00
11. Enter amount from the Annual Tax Credit Certificate received from MEGA .................................................. 11. _______________
INDUSTRIAL PERSONAL PROPERTY TAX CREDIT
.00
12. Enter taxes paid in the tax year on Industrial Personal Property ............................. 12. ______________
.00
13. Industrial Personal Property Tax Credit. Multiply line 12 by 15%. ............................................................. 13. _______________
TRANSFERRED JOBS CREDIT
.00
14. Enter taxes paid in 2007 on property used in the performance of transferred jobs certified by MEGA ....... 14. _______________
NEXT ENERGY PAYROLL CREDIT. Available only to businesses located within an alternative energy renaissance zone.
Enter the street address of property or parcel number: ______________________________________________________________
15. Enter the total payroll of research, development or manufacturing employees
.00
who work primarily within the zone ........................................................................... 15. ______________
.00
16. Payroll Credit. Multiply line 15 by the income tax rate for the tax year ........................................................
16. _______________
17. Subtotal for Apprenticeship, Hybrid Technology R&D, Industrial Personal Property, Transferred Jobs Credit
.00
and Next Energy Payroll Credits. Add lines 10, 11, 13, 14 and 16 ..............................................................
17. _______________
18. TOTAL REFUNDABLE CREDITS. Add lines 3, 4 and 17. Enter here and on Form C-8000, line 53,
C-8044, line 19 or 1366, line 51 and C-8020, line 8, column A ...................................................................
18. _______________
.00
PART 2: NONREFUNDABLE CREDITS
.00
19. Enter the amount from Form C-8000, line 45 ........................................................... 19. ______________
.00
20. Amount of the Unincorporated Credit from Form C-8000, line 46 ........................... 20. ______________
21. Tax after Unincorporated Credit. Subtract line 20 from line 19 ................................................................. 21. _______________
.00
ENTERPRISE ZONE CREDIT. This credit is available only to certified firms located in Benton Harbor.
If this credit is not being claimed, carry the amount from line 21 to line 35.
Enter the street address of the property or parcel number: ___________________________________________________________
22. Enter the average value of property located within the zone . 22. _____________
.00
23. Multiply rentals within the zone by 8 and enter the result ..... 23. _____________
.00
.00
24. Total property value within the zone. Add lines 22 and 23 ....................................... 24. ______________
.00
25. Enter the average value of all Michigan property .................. 25. _____________
.00
26. Multiply Michigan rentals by 8 and enter the result ............... 26. _____________
.00
27. Add lines 25 and 26 .................................................................................................. 27. ______________
.00
28. Divide line 24 by line 27 ............................................................................................ 28. ______________
.00
29. Enter the total payroll within the zone .................................... 29. _____________
.00
30. Enter total Michigan payroll ................................................... 30. _____________
.00
31. Divide line 29 by line 30 ............................................................................................ 31. ______________
.00
32. Add lines 28 and 31 .................................................................................................. 32. ______________
.00
33. Divide line 32 by 2. If there is only one factor, enter the amount from line 32 ......... 33. ______________
.00
34. Enterprise Zone Credit. Multiply line 21 by line 33 ...................................................................................... 34. ______________
.00
35. Tax After Enterprise Zone Credit. Subtract line 34 from line 21. If less than zero, enter zero .................. 35. ______________
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