Form 4594 - Michigan Farmland Preservation Tax Credit - 2016

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Attachment 20
Michigan Department of Treasury
4594 (Rev. 04-16), Page 1
2016 MICHIGAN Farmland Preservation Tax Credit
Corporate Farm Owners, Estates or Trusts
Issued under authority of Public Act 451 of 1994. Type or print in blue or black ink.
(MM-DD-YYYY)
(MM-DD-YYYY)
Return is for calendar year 2016 or for tax year beginning:
1.
and ending:
2. Taxpayer Name
5. Federal Employer Identification No. (FEIN) or TR No.
Doing Business As (DBA)
6. Organization Type
Fiduciary
S Corporation / LLC S Corporation
Street Address
C Corporation / LLC C Corporation
City
State
ZIP/Postal Code
Country Code
3. NAICS
Code
4. Principal Business Activity
7. Business Start Date
8. If Discontinued, Effective Date
(North American Industry Classification System)
This form can only be filed with a Michigan Business Tax return.
If you have agreements entered into on or after January 1, 1978, determine your qualification by using the formula in Part 1, line 13,
or line 18. Once you elect a qualification formula, all future claims must be filed using that formula.
PART 1: GROSS RECEIPTS QUALIFICATION
A
B
C
D
E
I
f all contracts were entered into before
1st Year
2nd Year
3rd Year
4th Year
5th Year
January 1, 1978, go to Part 2.
9. Years preceding the claim year .................
10. Property taxes on enrolled land .................
11. Multiply line 10 by five ...............................
12. Agricultural gross receipts .........................
13.
Check here if line 12 is greater than line 11 in at least three of the five years preceding the claim year AND you elect this qualification.
00
14. Property taxes on enrolled land in the first year under contract ...........................................................
14.
00
15. Multiply the property taxes on line 14 by five ........................................................................................
15.
00
16. Agricultural receipts for averaging. Enter total of line 12, columns A, B, and C ...................................
16.
00
17. Average Gross Receipts. Divide line 16 by three .................................................................................
17.
18.
Check here if line 17 is greater than line 15 AND you elect this qualification.
PART 2: TAXES THAT CAN BE CLAIMED FOR CREDIT AND ALLOCATION TO EACH AGREEMENT
Complete columns A through D and lines 21 through 29. If you have more than one agreement, complete columns E and F. Attach copies of property tax
statements for all land under agreements. Be sure the corresponding agreement number is on each tax statement. Enter amounts in whole dollars only
(no cents).
A
B
C
D
E
F
19.
Check (X)
Divide Each
Agreement Number
if 2015 or
Amount in
Allocated Tax Credit
County
2016 Paid
Column D by
Multiply Line 29 by
Code
Expiration Date
Tax Receipts
Date of Agreement
Total Tax For
Total on Line 20,
Percentage in
(2 Digits)
Contract Number
(Enter as MMDDYY)
Attached
(MM-DD-YYYY)
Each Agreement
Column D
Column E
%
%
%
%
%
20. Total of columns D, E, and F .........................................................................................
+
0000 2016 93 01 27 2
Continue on Page 2.

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