Form Bpc - Biomass Producer And Collector Credit

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Fill in tax year
Form
(or fiscal year end date)
BPC
Biomass Producer and
Collector Credit
Name
Social Security number (SSN)/Oregon business identification number (BIN)
Address (city, state, and ZIP code)
Telephone number
This form contains multiple parts. Please fill in only the parts which are applicable to you. If you:
Earned this credit as an agricultural producer or biomass collector by transferring biomass to a biofuel producer,
complete parts A and B.
Transferred this credit to a third party for consideration, complete parts A, B, C, and the
Transfer Notice for Certain
Credits form, along with the person to whom the credit is being transferred.
Transfer Notice for
Received the credit from the person who originally qualified for the credit, complete part A and the
Certain Credits form, along with the person who is transferring the credits to you. Skip part B if you are not claiming
a credit for biomass that you transferred to a biofuel producer.
Received biomass credits that were passed through to you by a partnership or S corporation, complete part A.
not
Are an S corporation or partnership passing through credits to partners or owners, complete parts B and C. Do
complete the Transfer Notice for Certain Credits form.
Part A: Schedule of credit amount
Use the schedule below to calculate how much of the credit you can use in the prior tax year and current tax years.
Prior year
Current year
(column 1)
(column 2)
a.
Amount earned or passed through to you by an S corporation or partnership
..... a
b.
Plus amount transferred to you for consideration
................................................ b
c.
Plus amount that is being carried forward from previous years.
Note: this amount should equal the amount in column 1, row g ......................... c
d.
Total biomass credit available (add rows a, b, and c)
.......................................... d
e.
Less amount claimed on your return
.................................................................... e
f.
Less amount transferred to a third party for consideration
.................................. f
g.
Total amount available to be carried forward for use in future tax years.
Place this amount in column (c) for the next tax year .......................................... g
150-101-181 (Rev. 12-08) draft 08-25-08
Form BPC page 1 of 2

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