Form R-1086 - Wind Or Solar Energy Income Tax Credit For Individuals And Businesses - 2013
Download a blank fillable Form R-1086 - Wind Or Solar Energy Income Tax Credit For Individuals And Businesses - 2013 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form R-1086 - Wind Or Solar Energy Income Tax Credit For Individuals And Businesses - 2013 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4R-1086 (1/14)
FILING PERIOD
2013
W i n d o r S o l a r E n e r g y I n c o m e Ta x C r e d i t f o r
I n d i v i d u a l s a n d B u s i n e s s e s
Individual
Business
PLEASE PRINT OR TYPE.
Name of Taxpayer/Entity claiming credit
Social Security No./Entity Louisiana Revenue Account No.
Name of Taxpayer’s spouse
Spouse’s Social Security No.
(if joint individual income tax return)
(if joint individual income tax return)
Taxpayer residence address (if individual income tax return) or Business address
City
ZIP
State
Total Available Credit
Complete a worksheet, found on page 2, for each wind and solar energy system. Add the
1
1
amounts from line 6 or 16 (whichever is applicable) for each worksheet and print the total.
Share of qualifying tax credit from partnerships, trusts or small business corporations
(Number of units ____________ )
2
2
Name of Entity:
Louisiana Revenue Acct No:
3 Total Credit Available to the taxpayer (Add Lines 1 and 2.)
3
LSA -R.S. 47:6030 provided for a credit against income tax for the purchase and installation completed before July 1, 2013 of a wind energy
system or solar energy system, or both, for an individual at his residence located in this state, for the owner of a Louisiana residential rental
apartment project, or for a taxpayer who purchased and installed a system in a residence or residential rental apartment project located
in Louisiana. The credit may also be claimed in cases where the resident individual purchased, before July 1, 2013, a newly constructed
home located in Louisiana that had such systems already installed, or a taxpayer who purchased a newly constructed residential rental
apartment project that had such systems already installed. However, only one tax credit was allowed per system.
LSA -R.S. 47:6030 was amended by Act 428 of the 2013 Regular Legislative Session, effective July 1, 2013. As amended, LSA -R.S.
47:6030 provides a credit against income tax for the purchase and installation of a solar electric system, a solar thermal system, or a
combination of solar thermal and solar electric systems, for an individual at a detached single-family residence located in this state. The
credit may also be claimed in cases where the resident individual purchased a newly constructed home located in Louisiana that had
such a system already installed. Only one tax credit is allowed per residence. System components purchased on or after July 1, 2013 must
be compliant with the “Buy American” requirements of the federal American Recovery and Reinvestment Act of 2009 (ARRA). Revenue
Information Bulletin 13-013 has more information on the ARRA requirement. Wind energy systems no longer qualify. For leased systems
installed on or after January 1, 2014 the credit percentage changes from 50% to 38%. For purposes of determining the cost basis of the
credit of leased systems cost is limited to $4.50 per watt limited to 6 kilowatts for systems becoming eligible from July 1, 2013 through June
30, 2014, and limited to $3.50 per watt limited to 6 kilowatts for systems becoming eligible from July 1, 2014 to June 30, 2015. See Revenue
Information Bulletin No. 13-026 and LAC 61:I.1907 for more information regarding additional requirements and restrictions.
If you received this credit through an interest in a partnership, trust, or small business corporation, please retain copies of the Schedule
K-1 or other document that support your share of the distributed credit amount entered on line 2 above.
This credit may be used in addition to any federal credits earned for the same system, but the taxpayer is prohibited from using any other
state or federal tax benefit for property for which the credit is claimed.
Declaration
I declare that to the best of my knowledge of all available information, this refund claim is true and complete and complies with all
statutes, rules and regulations, and any other policy pronouncements related to the wind and/or solar energy income tax credit.
Signature of Taxpayer, Entity Officer or Other
Date
(for other, attach power of attorney)
(mm/dd/yyyy)
X
Signature of Spouse
(if joint return)
Date
(mm/dd/yyyy)
Please complete a separate worksheet and supplemental information sheet for each wind or solar energy system for which you
are requesting credit. Attach each worksheet to page 1.
1
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form R-1086 - Wind Or Solar Energy Income Tax Credit For Individuals And Businesses - 2013
Financial
Form R-1086 - Wind Or Solar Energy Income Tax Credit For Individuals And Businesses - 2010
Financial
Form R-1086 - Wind Or Solar Energy Income Tax Credit For Individuals And Businesses - 2012
Financial
Related Categories
Parent category: Financial