Form Fpc - Film Production Credit - 2011
Download a blank fillable Form Fpc - Film Production Credit - 2011 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 Fpc - Film Production Credit - 2011 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
3Clear Form
MONTANA
FPC
Rev 04 11
2011 Film Production Credit
15-31-901 through 15-31-911, MCA
Name (as it appears on your Montana tax return)
Social Security
Federal Employer
OR
-
-
-
Number
Identification Number
If this credit is passed through to you from a partnership or S corporation, enter the entity’s name, FEIN and the
percentage used to report the corporation’s or partnership’s income or loss for Montana income tax purposes.
-
Name ____________________________________ FEIN
Percentage ___________ %
Film Certification Number issued by the Montana Department of Commerce ___________________________________
Employment Production Credit
1.
Enter your 2011 employment production credit from Schedule I,
Column E, line 19 here. This is your employment production credit. .............................. 1. __________________
Employment Production Credit Election: The taxpayer can make a one-time election to claim the employment
production credit as follows:
• the credit may be refunded, or
• the credit may be applied against the 2011 corporation license tax or the individual income tax liability with any
unused credit carried forward for the four succeeding tax years.
If the production company is a C corporation or sole proprietorship, the election is made by the production company.
If the production company is an S corporation, a partnership, or a limited liability company taxed as an S corporation
or partnership, the election is made by each of the shareholders, partners or members for their share of the credit,
and not by the entity.
X
Mark
the box below for your election.
q Carryover Credit
q Refundable Credit
Qualified Expenditures Credit
2.
Enter your 2011 qualified expenditures credit from Schedule II, Column D, line 23 here.
This is your qualified expenditures credit. ........................................................................ 2. __________________
The qualified expenditures credit portion of your film production credit is required to be refunded for tax year 2011 if your
tax liability is less than the amount of the credit.
Total Film Production Credit
Add lines 1 and 2 and enter the result here. This is your total film production
3.
credit. .................................................................................................................................... 3. __________________
►You are required to complete a separate Form FPC for each qualifying production for which you are applying for the
production credit.
Where to Report Your Credit
► Individuals: Form 2, Schedule V
► S corporations: Form CLT-4S, Schedule II
► C corporations: Form CLT-4, Schedule C
► Partnerships: Form PR-1, Schedule II
If you file your Montana tax return electronically, you do not need to mail this form to us unless we ask you for a copy.
When you file electronically, you represent that you have retained the required documents in your tax records and will
provide them upon the department’s request.
*11HU0101*
*11HU0101*
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial