Form It-252 - Investment Tax Credit For The Financial Services Industry - 2014 Page 3

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IT-252 (2014) Page 3 of 3
Part 6 – Investments in qualified property
(see instructions)
A
B
C
D
E
F
Description of property
Principal use
Date
Useful life
Investment
Investment tax credit
(list each asset and use a schedule if needed)
of property
acquired
in years
credit base
(column E × 4% (.04))
.
.
00
00
.
.
00
00
.
.
00
00
.
24 Enter employment incentive credit (EIC) from Form IT-252-ATT, Part 2, line 7 .............................. 24
00
.
25 Total investment tax credit and EIC
................ 25
(add amounts in column F, including the line 24 amount)
00
Fiduciaries: Include the line 25 amount on line 7 and on the Total line of Part 8, column C.
All others: Enter the line 25 amount on line 7.
Part 7 – Early dispositions of qualified property and addback of credit on early dispositions
(see instructions)
A
B
C
D
E
F
G
H
Description of property
Date
Date property
Life
Unused life
Percentage
Total investment tax
Addback of credit on
(list each asset and use a schedule if needed)
acquired
ceased to qualify (months)
(months)
(E ÷ D)
credit allowed
early dispositions
(F × G)
.
.
00
00
.
.
00
00
.
.
00
00
.
26 Total
.............................. 26
(add amounts in column H and enter here; include total from additional sheets, if any)
00
27 Interest rate
................................................................................................................... 27
(see instructions)
.
28 Multiply line 26 by line 27 ....................................................................................................................... 28
00
.
29 Total addback of credit on early dispositions
.......................................................... 29
(add lines 26 and 28)
00
Fiduciaries: Enter the line 29 amount on line 22.
All others: Enter the line 29 amount on line 18.
Part 8 – Beneficiary’s and fiduciary’s share of investment tax credit and addback of credit on early dispositions
(see instructions)
A
B
C
D
Beneficiary’s name (same as in Form IT-205,
Identifying number
Share of investment tax credit
Share of addback of credit on
Schedule C)
early dispositions
.
.
Total
00
00
.
.
00
00
.
.
00
00
Fiduciary
.
.
00
00
Part 9 – Application of credit and computation of refund and carryover
.
30a Total credit
................................................................................................................. 30a
(from line 17a)
00
.
30b Tax due before credits
........................................................................................... 30b
(see instructions)
00
.
31 Credits that you applied before this credit
............................................................. 31
(see instructions)
00
.
32 Net tax
................................................................................................. 32
(subtract line 31 from line 30b)
00
.
33 Amount of credit used for the current tax year
....................................................... 33
(see instructions)
00
.
34 Amount of credit available for refund or carryover to next year
.......... 34
(subtract line 33 from line 30a)
00
.
35 Amount of credit to be refunded
............................................................................ 35
(see instructions)
00
.
36 Amount of credit available for carryover to next year
........................... 36
(subtract line 35 from line 34)
00
37 Unused expired tax credits
(see instructions)
.
Enter the earliest year (yyyy) of unused credit carryover included in the carryforward ....
37
00
.
38 Amount of credit to be carried over to next year
................................... 38
(subtract line 37 from line 36)
00
252003140094

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