Form Sc Sch.tc-1 - Drip/trickle Irrigation Systems Credit

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STATE OF SOUTH CAROLINA
1350
1350
SC SCH.TC-1
DEPARTMENT OF REVENUE
(Rev. 6/4/13)
DRIP/TRICKLE IRRIGATION
3114
SYSTEMS CREDIT
20
Name as shown on tax return
SSN or FEIN
CONSERVATION TILLAGE EQUIPMENT, DRIP/TRICKLE IRRIGATION SYSTEMS
AND DUAL PURPOSE COMBINATION TRUCK AND CRANE EQUIPMENT
Attach this form to your return.
List the items, purchase prices and installation cost of your Conservation Tillage Equipment, Drip/Trickle Irrigation
Systems and Dual Purpose Combination Truck and Crane Equipment.
1
Conservation Tillage Equipment *
2
Drip/Trickle Irrigation Systems (including but not limited to) *
a
Dams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b
Pipe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c
Pumps . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d
Wells. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e
Other items (list here)
3
Dual Purpose Combination Truck and Crane Equipment *
4
Add amounts on lines 1, 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
Enter 25% of line 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$2,500 00
6
Maximum credit allowed . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
Lesser of lines 5 or 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
Enter the amount carried forward from previous years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Unused credit can be carried forward for 5 years.
9
Add lines 7 and 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
Enter your current year tax liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
Enter the smaller of lines 9 or 10 here. This is the amount of credit you can use this year . . .
12
Line 9 minus line 11. Unused credits can be carried forward for 5 years . . . . . . . . . . . . . . . . .
* This credit may be claimed only one time for each of the three measures.
See General Instructions on back of this form.
31141021

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