Form Ct-243 - Claim For Biofuel Production Credit - 2014
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1
2New York State Department of Taxation and Finance
CT-243
Claim for Biofuel Production Credit
Tax Law – Article 1, Section 28; Article 9, Sections 183, 184, 185, 186, 186-a, 186-e; and Article 9-A
All filers must enter tax period:
beginning
ending
Legal name of corporation
Employer identification number (EIN)
File this form with Form(s) CT-3, CT-3-A, CT-3-S, CT-183, CT-184, CT-185, CT-186, CT-186-E, or CT-186-P. See
Form CT-243-I, Instructions for Form CT-243, to complete this form.
Part 1 – Computation of biofuel production credit
(see instructions)
A
B
C
D
E
Biofuel plant’s physical address
Tax year
Gallons of biofuel
Excess eligible
Biofuel production
credit is being
produced for the
gallons of biofuel
credit before
year
produced
limitation
claimed
(mark
an X in one box)
(column C - 40,000)
(column D × .15)
3
st
rd
1
2
nd
4
th
3
1
st
rd
nd
th
2
4
3
st
rd
1
2
nd
4
th
Column E amounts from additional sheet(s), if any..........................................................................................
1 Total of column E amounts above ......................................................................................................
1
2 Credit limit ............................................................................................................................................
2
2,500,000 00
3 Total biofuel production credit after limitation
..........................................
3
(enter the lesser of line 1 or 2)
4 Credit amount from partnership(s)
..........................................................
4
(from line 15; see instructions)
5 Total biofuel production credit available for use
......................................................
5
(add lines 3 and 4)
Part 2 – Computation of credit used
(see instructions; New York S corporations do not complete this part)
6 Tax due before credits
.................................................................................................
6
(see instructions)
7 Credits claimed before this biofuel production credit
................................................
7
(see instructions)
8 Tax after application of credits
..........................................................................
8
(subtract line 7 from line 6)
9 Tax limitation
...............................................................................................................
9
(see instructions)
10 Limitation on biofuel production credit
......
10
(subtract line 9 from line 8; if line 9 is more than line 8, enter 0)
11 Biofuel production credit used for this period
............................................................
11
(see instructions)
12 Unused biofuel production credit
................................................................
12
(subtract line 11 from line 5)
13 Amount of biofuel production credit to be refunded
.....
13
(limited to the amount on line 12; see instructions)
14 Amount of biofuel production credit to be applied as an overpayment to the next period
.......................................................................................
14
(subtract line 13 from line 12; see instructions)
A If you are claiming this credit as a corporate partner, mark an X in the box ...................................................................................
527001140094
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