Form It-605 - Claim For Ez Investment Tax Credit And Ez Employment Incentive Credit For The Financial Services Industry - 2014 Page 4

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Page 4 of 4 IT-605 (2014)
Schedule F – Computation of recapture of EZ-ITC and EZ-EIC
(see instructions)
A
B
C
D
E
F
G
H
I
Description of property
Date
Date property
Life
Unused
Percentage
EZ-ITC allowed
Recaptured EZ-ITC
Recaptured EZ-EIC
acquired
ceased to qualify
(months)
life
(E ÷ D)
(see instructions)
( F x G)
(see instructions)
(months)
.
.
.
00
00
00
.
.
.
00
00
00
13 Recaptured EZ-ITC
.......................................................................... 13
.
(add column H amounts)
00
14 Recaptured EZ-EIC
........................................................................... 14
.
(add column I amounts)
00
15 Augmented recapture amount
.................................................................... 15
.
(see instructions)
00
16 Partner in a partnership, shareholder of an S corporation, or beneficiary of an estate or trust: enter
your share of addback of the EZ-ITC and EZ-EIC
.................................................. 16
.
(see instructions)
00
17 Add lines 13 through 16. Enter total here ............................................................................................. 17
.
00
Fiduciaries: Include the line 17 amount in the Total line of Schedule E, column D.
All others: Enter the line 17 amount on line 25.
Schedule G – Computation of EZ-ITC and EZ-EIC allowed for the current tax year
or recapture amount
(see instructions)
Individuals and partnerships 18 Enter the amount from line 7 ................................................... 18
.
00
19 Enter the amount from line 8 ................................................... 19
.
00
Partners, S corporation
shareholders, beneficiaries
20 Enter the amount from line 12 ................................................. 20
.
00
21 Enter the amount from Schedule E, Fiduciary line, column C
Fiduciaries
.
21
00
22 EZ-ITC and EZ-EIC computed for the current tax year
........................................................ 22
( add lines 18 through 21 )
.
00
23 Enter the available carryover of unused EZ-ITC or EZ-EIC
from preceding period( s ) .................................................... 23
.
00
24 Total EZ-ITC and EZ-EIC
....................... 24
( add lines 22 and 23 )
.
00
25 Total recapture of all investment tax credits taken in previous period
(fiduciaries: enter the
........ 25
amount from the fiduciary line of Schedule E, column D; all others: enter the amount from line 17)
.
00
26 Net EZ-ITC (
subtract line 25 from line 24 and enter here; if line 25 is more than line 24,
.................................................. 26
do not enter an amount on line 26 — go to line 27; see instructions)
.
00
27 Net EZ-ITC recapture amount (
............. 27
.
subtract line 24 from line 25 and enter here; see instructions)
00
Schedule H – Computation of EZ-ITC and EZ-EIC used, refunded, and carried over
28 EZ-ITC and EZ-EIC available for use for the current tax year
................................. 28
.
(from line 26)
00
29 Tax due before credits
.............................. 29
.
(see instructions)
00
30 Enter all credits applied against your tax before the
EZ-ITC and EZ-EIC
.............................. 30
.
(see instructions)
00
31 Subtract line 30 from line 29 .............................................. 31
.
00
32 EZ-ITC and EZ-EIC used this year
(enter the amount from line 31 or line 28, whichever is less;
.......................................................................................................................... 32
.
see instructions)
00
33 Unused EZ-ITC and EZ-EIC available to be refunded or carried forward
(subtract line 32
................................................................................................................................ 33
from line 28)
.
00
34 Refundable EZ-ITC and EZ-EIC
........................................................................ 34
.
(see instructions)
00
35 Unused EZ-ITC and EZ-EIC available for carryforward for next year
... 35
.
(subtract line 34 from line 33)
00
165004140094

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