Form Rpd-41244 - Technology Jobs Tax Credit Claim Form/schedule A printable pdf download

RPD-41244

Rev. 09/13/2016

State of New Mexico - Taxation and Revenue Department

TECHNOLOGY JOBS TAX CREDIT CLAIM FORM

PURPOSE OF THIS FORM: To claim the technology jobs tax credit, attach this completed Technology Jobs Tax Credit Claim

Form, to the CRS-1, PIT-1, CIT-1, FID-1 or S-Corp return on which you wish to apply the credit on or before the due date of

the return. You may apply this credit when you file your return online. Sign into Taxpayer Access Point (TAP) at https://tap.

state.nm.us, and follow the prompts to attach this form. To claim the credit by mail, attach this form to the tax return and

mail to the address on the return. For assistance claiming your approved credit, call (505) 827-0792.

The holder is the business to whom the credit has been approved.

The Basic Tax Credit - may be applied against the taxpayer's compensating tax, gross receipts tax, or withholding tax due to

the State of New Mexico. No taxpayer may claim an amount of approved basic credit for any reporting period that exceeds

the sum of the taxpayer's gross receipts tax, compensating tax, and withholding tax due for that reporting period.

The Additional Tax Credit - may be applied against the taxpayer's income tax or corporate income tax. No taxpayer may

claim an amount of additional credit for any reporting period that exceeds the amount of the taxpayer's income tax or cor-

porate income tax due for that reporting period. Married individuals who file separate returns may each claim only one-half

the additional credit.

Any amount of credit not claimed for a reporting period may be claimed in subsequent reporting periods.

NOTE: The technology jobs tax credit provisions are not available for qualified expenditures made after January 1, 2015.

However, if you have been approved for the technology jobs tax credit; you may carry forward any unused credit amounts

in subsequent periods using this claim form. A taxpayer with expenditures made after January 1, 2015, should review the

Form RPD-41385, Application for Technology Jobs and Research and Development Tax Credit, to see if that credit is avail-

able to them.

Social security number (SSN) or federal employer

Name of holder

identification number (FEIN) of holder

Mark one:

FEIN

SSN

Mailing address

City, state and ZIP code

CRS identification number

E-mail address

Phone number

1. Enter the beginning and ending period in which the credit is to be applied.

From

2. Enter the NET NM INCOME TAX less business-related income tax credits ap-

plied.

3. Enter the portion of total credit available (from Schedule A) claimed on your current

New Mexico CRS-1, PIT-1, CIT-1, S-Corp or FID-1 tax return. Do not enter more than

the amount of Net New Mexico tax due. The credit used may not exceed the amount

of tax otherwise due.

NOTE: Failure to attach this form and other required attachments to your New Mexico tax return

will result in denial of the credit.

Under penalty of perjury I declare that I have examined this claim, and to the best of my knowledge and belief it is true,

correct and complete.

Signature of claimant_________________________________________ Date________________________________

Form Rpd-41244 - Technology Jobs Tax Credit Claim Form/schedule A

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