PART III
CALCULATION OF EFFLUENT EQUIPMENT TAX CREDIT
14. Tax Credits taken on current year’s return:
a) Urban Transit Hub Tax Credit . . . . . . . . . . . . . . . . . . . .__________________________
b) Grow New Jersey Tax Credit . . . . . . . . . . . . . . . . . . . .__________________________
c) HMO Assistance Fund Tax Credit . . . . . . . . . . . . . . . .__________________________
d) New Jobs Investment Tax Credit . . . . . . . . . . . . . . . . .__________________________
e) Urban Enterprise Zone Tax Credit . . . . . . . . . . . . . . . .__________________________
f) Redevelopment Authority Project Tax Credit . . . . . . . .__________________________
g) Recycling Equipment Tax Credit . . . . . . . . . . . . . . . . . .__________________________
h) Manufacturing Equipment and Employment
Investment Tax Credit . . . . . . . . . . . . . . . . . . . . . . . . . .__________________________
i) Research and Development Tax Credit . . . . . . . . . . . .__________________________
j) Small New Jersey-Based High-Technology
Business Investment Tax Credit . . . . . . . . . . . . . . . . . .__________________________
k) Neighborhood Revitalization State Tax Credit . . . . . . .__________________________
Total . . .
14.
15. Subtract line 14 from line 13. If the result is less than zero, enter zero . . . . . . . . . . . . . . . . . . . . . . . . . . .
15.
16. Allowable credit for the current tax period. Enter the lesser of line 8 or line 15 here and on
Schedule A-3 of the CBT-100, the CBT-100S or the BFC-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16.
Form 312 (09-12, R-4)
Page 2