Form 106 Cr - Colorado Partnership - S Corporation Credit Form - 2002

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FORM 106 CR
2002
COLORADO PARTNERSHIP — S CORPORATION CREDIT FORM
Organization Name
Colorado Account Number
AMOUNTS TO BE
CREDIT FOR TAX PAID OTHER STATE BY S CORPORATION
DISTRIBUTED
1 Name of State _______________________
2 Amount of income from sources within state ________________________
3 Amount of income tax liability to state ....................................................................................... 3
THE OLD INVESTMENT CREDIT
4 Federal current-year qualified investment in Colorado assets .................................................. 4
THE NEW INVESTMENT CREDIT
5 Qualifying current year investment________________________
6 1% of the amount on line 5 ........................................................................................................................ 6
ENTERPRISE ZONE INVESTMENT CREDIT
7 Qualifying current year investment ________________________
8 3% of the amount on line 7 ........................................................................................................ 8
ENTERPRISE ZONE NEW BUSINESS FACILITY EMPLOYEE CREDITS
9 Average number of current year qualified employees .......................
10 Number of employees previously claimed .........................................
11 Increase in qualified employees, line 9 minus line 10 .......................
12 Number of employees on line 11 multiplied by $500.00 .......................................................... 12
13 Number of agricultural processing employees on line 11 multiplied by $500.00 ..................... 13
14 Number of health insured qualified employees times $200.00 ................................................ 14
CONTRIBUTION TO ENTERPRISE ZONE ADMINISTRATOR
15 Current year cash contributions ............................................................................................... 15
16 Value of current year in-kind contributions .............................................................................. 16
ENTERPRISE ZONE VACANT BUILDING REHABILITATION CREDIT
17 $50,000 minus credit previously distributed ....................................... ____________________
18 Qualified current year expenditures .................................................... ____________________
19 Smaller of $50,000 or 25% of line 18 ................................................. ____________________
20 Smaller of line 17 or line 19 ..................................................................................................... 20
ENTERPRISE ZONE RESEARCH AND DEVELOPMENT CREDIT
21 Qualifying current year expenditures .................................................. ____________________
22 First preceding year expenditures ...................................................... ____________________
23 Second preceding year expenditures ................................................. ____________________
24 Total lines 22 and 23 .......................................................................... ____________________
25 One-half of the amount on line 24 ...................................................... ____________________
26 Line 21 minus line 25 .......................................................................... ____________________
27 3% of the amount on line 26 .................................................................................................... 27
OTHER CREDITS
28 Colorado coal credit ................................................................................................................. 28
29 Historic property preservation credit ........................................................................................ 29
30 Alternative fuel vehicle credit ................................................................................................... 30
31 Alternative fuel refueling facility credit ..................................................................................... 31
32 Child care contribution credit ................................................................................................... 32
33 Child care center family care home investment credit ............................................................. 33
34 Employer child care investment credit ..................................................................................... 34
35 School to career investment credit .......................................................................................... 35
36 Enterprise zone job training credit ........................................................................................... 36
37 Colorado works program credit ............................................................................................... 37
38 Rural technology enterprise zone credit .................................................................................. 38
39 Gross conservation easement credit ....................................................................................... 39
40 Contaminated land redevelopment credit ................................................................................ 40
41 Low-income housing credit ...................................................................................................... 41
42 Weather related livestock sale credit ....................................................................................... 42

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