Schedule Aja - Alabama Jobs Act - Investment Credit - Department Of Revenue

Schedule Aja - Alabama Jobs Act - Investment Credit - Department Of Revenue - 2016

S HEDULE

160016AJ

AJA

2 16

Alabama Department of Revenue

Alabama Jobs Act – Investment Credit

NAME(S) AS SHOWN ON TAX RETURN

PRIMARY SOCIAL SECURITY NO.

SPOUSE SOCIAL SECURITY NO.

A copy of the Department of Commerce Certification must be attached to this return. If the certification is not attached, no

credit will be allowed.

Qualifying Project Name ________________________________________________________________________________________

Department of Commerce Qualifying Project Number _________________________________________________________________

FEIN or SSN of Qualifying Project ________________________________________________________________________________

Date Project Placed in Service ___________________________________________________________________________________

•

1. Initial Investment Credit amount from Department of Commerce Certification. . . . . . . . . . . . . . . . . . . .

•

2. Investment Credit used to offset Utility Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

•

3. Amount of Investment Credit Available. Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

•

4. Pro rata share of credit from Schedule-K-1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

FEIN of entity __________________________

•

5. Maximum credit allowable. Line 3 or pro rata share of credit from line 4, if applicable . . . . . . . . . . .

6. Enter Tax Due from Schedule NTC, line 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

•

7. Enter the lessor of line 5 or line 6. Enter this amount on Schedule NTC, line 18. . . . . . . . . . . . . . . . . .

8. Amount of Investment Credit Carryforward. Subtract line 7 from line 5 . . . . . . . . . . . . . . . . . . . . . . . . . .

If less than zero, you have no credit carryforward.

Schedule Aja - Alabama Jobs Act - Investment Credit - Department Of Revenue - 2016