Form C-8000mc Final Draft - Sbt Miscellaneous Credits

C-8000MC, Page 2

FEIN or TR Number

MICHIGAN HISTORIC PRESERVATION CREDIT. If this credit will not be claimed, carry the amount from line 35 to line 40.

.00

36. Total available credit. Enter the amount from Form 3581, line 11 ........................... 36. ______________

37. Recapture of Michigan Historic Preservation Credit. ................................................................................ 37. ______________

.00

38. Subtotal. Subtract line 37 from line 36 .......................................................................................................... 38. ______________

.00

39. Michigan Historic Preservation Credit. Enter amount from line 35 or 38, whichever is smaller ............. 39. ______________

.00

40. Tax After Michigan Historic Preservation Credit. Subtract line 39 from line 35.

(If line 39 is negative, add its positive value to line 35.) ............................................................................... 40. ______________

.00

41. Credit forward to MBT. If line 38 is greater than line 35, enter the difference .......... 41. ______________

LOW-GRADE HEMATITE PELLET CREDIT. If this credit will not be claimed, carry the amount from line 40 to line 46.

42. Current year credit. Enter the number of long tons

x $1.00 ................ 42. ______________

.00

43. Enter any unused credit from the previous year ....................................................... 43. ______________

.00

44. Total available credit. Add lines 42 and 43 ............................................................... 44. ______________

.00

45. Low-grade Hematite Pellet Credit. Enter the amount from line 40 or line 44, whichever is smaller ........ 45. ______________

46. Tax After Low-grade Hematite Pellet Credit. Subtract line 45 from line 40.

.00

If less than zero, enter zero ........................................................................................................................... 46. ______________

.00

47. Credit forward to MBT. If line 44 is greater than line 40, enter the difference .......... 47. ______________

NEXT ENERGY BUSINESS ACTIVITY CREDIT. If this credit will not be claimed, carry the amount from line 46 to line 50.

48. Available Credit. Enter the Next Energy Business Activity Credit from the Certificate issued by the MEDC

48. ______________

.00

49. Next Energy Credit. Enter amount from line 46 or line 48, whichever is smaller ...................................... 49. ______________

.00

50. Tax After Next Energy Credit. Subtract line 49 from line 46. If less than zero, enter zero ......................... 50. ______________

.00

PHARMACEUTICAL CREDIT. If this credit will not be claimed, carry the amount from line 50 to line 65.

51. Qualified Research Expenses (QRE) for pharmaceutical business activity in

.00

Michigan for 2007 ...................................................................................................... 51. ______________

52. QRE for pharmaceutical business activity in Michigan (2006) 52. ______________

.00

53. QRE for pharmaceutical business activity in Michigan (2005) 53. ______________

.00

54. QRE for pharmaceutical business activity in Michigan (2004) 54. ______________

.00

55. Add lines 52, 53 and 54 ............................................................................................ 55. ______________

.00

56. Average QRE for 3 preceding years. Divide line 55 by 3 ...... 56. ______________

.00

57. Increased QRE. Subtract line 56 from line 51 ...................... 57. ______________

.00

58. Multiply line 57 by 6.5% (0.065) ............................................. 58. ______________

.00

59. Multiply line 56 by 200% (2.00) .............................................. 59. ______________

60. Available Credit. Enter the lesser of lines 58 or 59 .............. 60. ______________

.00

61. Enter any unused credit from the previous year ................... 61. ______________

.00

62. Enter amount of credit assigned to taxpayer from another taxpayer ........................ 62. ______________

.00

63. Total available credit. Add lines 60, 61 and 62 ............................................................................................. 63. ______________

.00

64. Pharmaceutical Credit: Enter the amount from line 50 or line 63, whichever is smaller .......................... 64. ______________

65. Tax After Pharmaceutical Credit. Subtract line 64 from line 50. If less than zero, enter zero .................. 65. ______________

.00

66. Credit forward to MBT. If line 63 is greater than line 50, enter the difference ........... 66. ______________

QUALIFIED START-UP BUSINESS CREDIT. To claim this credit you must attach a certification letter from MEDC.

If this credit will not be claimed, carry the amount from line 65 to line 70.

.00

67. If a certification letter is attached, enter the amount from line 65 ................................................................. 67. ______________

.00

68. Recapture of Qualified Start-Up Business Credit ...................................................................................... 68. ______________

.00

69. Subtotal. Subtract line 68 from line 67 .......................................................................................................... 69. ______________

70. Tax After Qualified Start-Up Business Credit. Subtract line 69 from line 65

(If line 69 is negative, add its positive value to line 65.) ................................................................................. 70. ______________

.00

DONATED AUTOMOBILE CREDIT. If this credit will not be claimed, carry the amount from line 70 to line 72.

71. Enter 50% of the Value of Donated Vehicle from attached Form 4284, Donor Tax Credit Certificate for

.00

Donated Automobile, or $100, whichever is smaller ................................................................................... 71. ______________

72. Tax After Donated Automobile Credit. Subtract line 71 from line 70. If less than zero, enter zero ............ 72. ______________

.00