Form Nc-478c - Tax Credit Research And Development

Form Nc-478c - Tax Credit Research And Development - 2002

2002 Tax Credit

File with NC-478

NC-478C

Research and Development

North Carolina Department of Revenue

(First 10 Characters)

Part 1.

Business Information

(If you conducted R & D at more than one establishment, use a separate Form NC-478C for Parts 1 - 3 for each establishment.)

Type of Business (

Tier, Development Zone, and Health Insurance

Name, Address, and County of Establishment

Fill in applicable circle.)

Information (

Fill in applicable circles.)

(MM-DD-YY)

Part 2.

Computation of General Credit for R & D Expenses Incurred in 2002

(This credit may be taken on the 2002 tax return.)

Total qualified research and development expenses incurred in 2002

2. Base amount of qualified research and development expenses

3. Excess qualified research and development expenses

4. Qualified research and development expenses in N.C.

5. Research and development expenses apportionment percentage

6. Statewide excess research and development expenses

7. Portion of statewide excess research and development expenses

apportioned to this establishment

8. General credit for 2002 research and development expenses

Part 3.

Computation of Alternative Credit

Total qualified research and development expenses incurred in 2002

10. Qualified research and development expenses in N.C.

11.

Research and development expenses apportionment percentage

12.

Amount of federal alternative incremental credit

13.

N.C. apportioned share of federal credit

14. Alternative credit for 2002 research and development expenses

478C

Form Nc-478c - Tax Credit Research And Development - 2002