Form Ct-1120fc - Film Credits - Connecticut Department Of Revenue Services

Part II - Computation of Carryforward

Credit may be carried forward to three immediately succeeding income years.

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Carryforward

Credit Claimed

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Total Credit

Credit Claimed

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5

to 2007

to 2008

in 2007

Earned

in 2006

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1. 2006 Film Production Credit

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2. 2007 Film Production Credit

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5

3. 2007 Film Infrastructure Credit

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5

4. 2007 Digital Animation Credit

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5. Total credit carryforward to 2008. Add Lines 1 through 4. Enter the total here and on Form CT-1120K,

Part I-D, Line 30, Column E.

Computation of Carryforward Instructions

Line 1, Columns A through D - Complete as indicated. This amount is applicable against the corporation business tax only.

Line 2, Column A - Enter amount from Part 1, Line 1.

Line 2, Column E - Subtract Column D from Column A and enter the result.

Line 3, Column A - Enter amount from Part 1, Line 2.

Line 3, Column E - Subtract Column D from Column A and enter the result.

Line 4, Column A - Enter amount from Part 1, Line 3.

Line 4, Column E - Subtract Column D from Column A and enter the result.

Schedule A - Credit Information

1. Available credit was received by:

Investment

Assignment

If available credit was received by assignment, enter the name and Connecticut Tax Registration Number of the assignor

below.

__________________________________________________

____________________________________________

Assignor’s Name

Assignor’s Connecticut Tax Registration Number

2. Credit is being applied against:

Chapter 207 (see below*)

Chapter 208

3. Credit Calculation Worksheet - Enter the credit amounts as listed on the tax credit voucher issued by CCT.

Film Production

Film Infrastructure

Digital Animation

Tax Credit Voucher Number

Credit

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A. Total amount of qualified Film Production Tax

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Credit. Enter here and on Part 1, Line 1.

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B. Total amount of Film Infrastructure Projects Tax

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Credit. Enter here and on Part 1, Line 2.

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

C. Total amount of Digital Animation Tax Credit.

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 1

Enter here and on Part 1, Line 3.

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*Film Production companies issued an eligibility certificate under the 2006 legislation may apply tax credits only against the corporation business tax.

Film Production tax credits allowed to production companies that applied for a tax credit voucher on or after July 1, 2007, may be applied against the

tax imposed under Chapter 207 (insurance premiums and health care centers taxes) or Chapter 208 (corporation business tax).

Form CT-1120FC Back (New 03/08)