Form Ct-246 - Claim For Empire State Commercial Production Credit - 2014
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1
2New York State Department of Taxation and Finance
CT-246
Claim for Empire State Commercial
Production Credit
Tax Law – Article 1, Section 28 and Article 9-A, Section 210.38
All filers must enter tax period:
beginning
ending
Legal name of corporation
Employer identification number (EIN)
Attach to Form CT-3, CT-3-A, or CT-3-S.
Part 1 – Computation of commercial production credit available for use
(see instructions)
1 Enter the amount of commercial production credit
1
...................................................
(see instructions)
2 Commercial production credit from partnership(s)
.........................................................
2
(from line 18)
3 Add lines 1 and 2
3
.................................................................
(New York S corporations see instructions)
4 Unused commercial production credit carried over from the previous tax year .................................
4
5 Total commercial production credit available in the current tax year
......................
5
(add lines 3 and 4)
Part 2 – Computation of commercial production credit used, refunded, and carried forward
(see instructions;
New York S corporations do not complete this part)
6 Tax due before credits
................................................................................................
6
(see instructions)
7 Tax credits claimed before the commercial production credit
............
7
(if none, enter 0; see instructions)
8 Tax after application of all other credits
8
.........................................................
(subtract line 7 from line 6)
9 Fixed dollar minimum tax
9
.....................................................................
(from Form CT-3 or Form CT-3-A)
10 Limitation on commercial production credit to be used this period
(subtract line 9 from line 8; if line 8
.................................................................................................................. . 10
is less than line 9, enter 0)
11 Commercial production credit to be used this year
11
..................................................
(see instructions)
12 Subtract line 11 from line 3; if line 11 is greater than line 3, enter 0 ...................................................
12
13 Subtract line 11 from line 5 ................................................................................................................
13
14 Amount available for carryforward
14
............................................................
(multiply line 12 by 50% (.5))
15 Amount of commercial production credit available for refund
15
..................
(subtract line 14 from line 13)
16 Amount of commercial production credit you want to be refunded
(limited to the amount on line 15;
16
.................................................................................................................................
see instructions)
17 Amount of refundable commercial production credit you want to be applied to next year’s tax
17
.........................................................................................
(subtract line 16 from line 15; see instructions)
Part 3 – Partnership information
(attach additional sheets as necessary)
Name of partnership
Partnership’s EIN
Credit amount allocated
Total from additional sheet(s), if any ..............................................................................................................
18 Total credit amount allocated from partnerships
18
...........................................
(enter here and on line 2)
A If you are claiming this credit as a corporate partner, mark an X in the box ...................................................................................
530001140094
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