Clean Fuel Infrastructure Development Tax Credit Worksheet 36 M.r.s.a. 5219-P - State Of Maine - 2004

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2004
CLEAN FUEL INFRASTRUCTURE DEVELOPMENT
TAX CREDIT WORKSHEET
36 M.R.S.A. § 5219-P
TAXPAYER NAME: _______________________________________ EIN/SSN: ____________________
Note: Owners of pass-through entities (partnerships, LLCs, S corporations, trusts, etc.) making an eligible
investment, see instructions. Also, please provide name and ID number of the pass-through entity on the
lines below.
NAME OF PASS-THROUGH ENTITY
EIN/SSN
______________________________________________________
_______________________________
1.
Qualified expenditures in 2004 ______________
x .25 ...................................... 1. ______________
2.
Maine taxable income generated from the sale of clean fuels ______________ multiplied
by applicable tax rate on Maine taxable income ______________ %. . ...................... 2. ______________
Tax Rate Fromula:
Tax Liability: _________ divided by Taxable income: _________ equals Tax Rate: ___________
(See instructions for details)
3.
Credit Amount: Enter the smaller of line 1 or line 2 (Corporations, enter this amount
here and on Form 1120ME, Schedule C, line 29l, Credit Claimed) .............................. 3. ______________
4.
Carryforward from previous year ................................................................................ 4. ______________
5.
Total credit available this year: Line 3 plus line 4 (enter here and on Form 1120ME,
Schedule C, line 29l or Form 1040ME, Schedule A, line 18) ....................................... 5. ______________
6.
Carryforward: Line 1 minus line 3 plus any unused amount on Form 1120ME, Schedule
C or Form 1040ME, Schedule A. ............................................................................... 6. ______________

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