Form Rpd-41227 - Renewable Energy Production Tax Credit Claim Form printable pdf download

RPD-41227

State of New Mexico - Taxation and Revenue Department

Rev. 07/2003

RENEWABLE ENERGY PRODUCTION TAX CREDIT

CLAIM FORM

For assistance contact (505) 827-0825.

Name of the Claimant

CRS Identification Number

Federal Employer Identification Number (FEIN)

Name of qualified energy generator if different from Claimant

Address

City / State / Zip code

Name of Contact Person

Phone Number

I. Calculate credit claimed for the current taxable year.

1. Enter the taxable year of the return for which you are taking the credit. If filing a fiscal-

_________________

year or a short-year return, enter the beginning and ending dates of the taxable year.

2. Enter the date the qualified energy generator began producing electricity.

_________________

3. Enter the lesser of the kilowatt-hours of electricity produced by the qualified energy generator using

a *qualified energy resource in the current taxable year, or the estimated annual produc-

tion potential of the generating facility as certified by the Energy, Minerals and Natural

_________________

Resources Department. Required attachments: When claiming the credit you must

attach the certificate issued by the Energy, Minerals and Natural Resources Department,

and documentation of the amount of electricity produced by the taxpayer's facility in the

taxable year. The Taxation and Revenue Department may require additional information

to determine the amount of the tax credit due the taxpayer.

$ _________________

4. Multiply line 3 by $.01. This is the amount of credit claimed in the current taxable year.

II. Calculate unused credits for carry forward from prior taxable year claims.

Use the instructions and table on the reverse of this form to calculate the credits carried forward from prior-year claims.

Note: Any portion of the tax credit unused at the end of the operator's taxable year may be carried forward for five con-

secutive taxable years.

5. Total unused credits for carry forward from prior claims.

$ _________________

(Add credits in column (d) of the table on the reverse, and enter here.)

III. Credit taken in current taxable year.

$ _________________

6. Total credits available in the current taxable year (Add lines 4 and 5)

7. Credit taken in the current taxable year. Enter the portion of total credit available in the

current taxable year, line 6, that you wish to take against the current taxable year return.

The credit taken may not exceed the New Mexico corporate income tax liability reported

on form CIT-1, Corporate Income and Franchise Tax return, or on form PTE, Pass-

$ _________________

through Entity Return.

Enter the credit taken (the amount on line 7 of this form) on form CIT-1 or form PTE.

NOTE: Failure to attach this form and required attachments to your return will result in denial of the credit.

I declare I have examined this application, including accompanying invoices, schedules and/or statements, and to the best of my

knowledge and belief this application is true, correct and complete.

________________________________________________

___________________________

___________________

Authorized Signature

Title

Date

Form Rpd-41227 - Renewable Energy Production Tax Credit Claim Form

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