Form Osc - Oilseed Crushing And Biodiesel/biolubricant Production Facilities Credit - 2013

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MONTANA
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OSC
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Rev 03 13
2013 Oilseed Crushing and
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and Biodiesel/Biolubricant Production Facilities Credit
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15-32-701 and 15-32-702, MCA
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Name (as it appears on your Montana tax return)
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100
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Social Security
Federal Employer
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120
-
-
-
X X X X X X X X X
X X X X X X X X X
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OR
Number
Identification Number
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Part I. Partners in a Partnership or Shareholders of an S Corporation
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Enter your portion of the oilseed crushing and biodiesel/biolubricant production
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$____________________
facilities credit here. See instructions.
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Business Name of Partnership or S Corporation
Federal Employer
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-
140
Identification Number
130
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_________________________________________________
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Part II. Oilseed Crushing Facility Credit
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160
Please enter the date that you began crushing oilseed _______________________________________
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To qualify for the oilseed crushing facility credit, you are required to answer “Yes” to the following
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questions.
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1. Is the machinery or equipment located in Montana used primarily to crush oilseed to be
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170
used in the production of biodiesel or biolubricant? ........................................................ q Yes
q No
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180
2. Did you crush oilseed or manufacture a product from the oilseed during the year? ....... q Yes
q No
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3. List the property purchased that qualifies you for this credit. Include a copy of your invoice that identifies
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the date purchased, description of the property and the amount you paid for the property.
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Date Purchased
Description of Property
Cost
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a.
a.
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b.
b.
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c.
c.
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220
4. Add lines 3a through 3c above and enter the result here ................................................4.
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5. Multiply the amount on line 4 by 15% (0.15) and enter the result here, but not more than
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230
$500,000. This is your oilseed crushing facility credit...............................................5.
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Part III. Biodiesel/Biolubricant Production Facility Credit
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240
Please enter the date that you began producing biodiesel or biolubricant __________
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6. Enter the total cost of constructing a facility in Montana that is used to produce
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biodiesel/biolubricant. Include all supporting invoices, contracts, etc. that substantiate
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these costs ......................................................................................................................6.
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7. Enter the total cost of any equipment purchased to operate a facility in Montana that is
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used to produce biodiesel/biolubricant. Include all supporting invoices, contracts, etc.
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260
that substantiate the cost of this equipment ....................................................................7.
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270
8. Add lines 6 and 7 and enter the result here ....................................................................8.
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9. Multiply the amount on line 8 by 15% (0.15) and enter the result here. This is your
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biodiesel/biolubricant production facility credit. .......................................................9.
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(Continued on the next page)
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*13JB0101*
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*13JB0101*
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