Fillable Virginia Schedule Cr - Credit Computation Schedule

*'&

Schedule CR (2013)

Page 4

Name(s) as shown on Virginia return

Social Security Number

PART 18 - LONG-TERM CARE INSURANCE TAX CREDIT

If filing a joint or combined return and you and your spouse have separate policies, report total premium

payments for policies purchased prior to 1/1/2013 in Section 1 and report total premium payments for policies

purchased on or after 1/1/2013 in Section 2.

Enter the date the policy was issued to you or to your spouse. The policy’s issue date must

be on or after 1/1/2006. If the policy was issued on or after 1/1/2013, skip to Section 2, Line F.

Otherwise, complete Section 1.

SPOUSE _________________ YOU _________________

Section 1- Complete Lines B through E ONLY if the policy was issued prior to 1/1/2013.

For policies issued prior to 1/1/13, enter the total annual eligible premiums paid on or after 1/1/08

for the policy’s first 12 months of coverage. Eligible premiums are the premiums actually paid

on or after 1/1/08 for the first 12 months of coverage minus any amounts you deducted on your

federal return and/or your Virginia return. DO NOT include any premiums paid for coverage beyond

the first 12 months of the policy. See Instructions. ................................... B _________________

Multiply Line B by 15% (.15). This is the maximum amount of credit you

may earn and use for the life of this policy. ............................................... C _________________

Enter the total amount of LTC credit claimed on your tax returns for 2008

through 2012, excluding any carryovers from years prior to 2008. ........... D _________________

Subtract Line D from Line C. If Line D is equal to Line C, enter 0. Stop. You have no remaining

credit for this policy. If Line D is less than Line C, enter the difference.

This is the remaining amount of credit for the policy. Go to Section 3. ...... E _________________

Section 2- Complete Lines F and G ONLY if the policy was issued to you on or after 1/1/2013.

For policies issued on or after 1/1/13, enter the amount of premium paid

during taxable year 2013 less the amount deducted on your federal return

and/or your Virginia return. See instructions. ........................................... F _________________

2013 credit limitation for the policy. Multiply Line F by 15% (.15). ............ G _________________

Section 3- Complete Lines H through J

If you completed Section 1, enter the total amount from Line E. ............... H _________________

If you completed Section 2, enter the total amount from Line G. .............. I _________________

Credit allowable this year: Enter the amount from Line H or I or balance of maximum credit

available, whichever is less. If filing a joint return, and completing both Sections 1 and 2, add

18J

Lines H and I and enter the total or balance of maximum credit available, whichever is less. ..

PART 19 - BIODIESEL AND GREEN DIESEL FUELS TAX CREDIT

Enter the amount of Biodiesel and Green Diesel Fuels Tax Credit authorized

by the Virginia Department of Taxation or the amount transferred to you

in the current year. ...................................................................................... A _________________

Carryover credit from prior year(s). ............................................................ B _________________

Add Lines A and B. .....................................................................................C _________________

Enter the total credit transferred to others in the current year. ...................D _________________

Subtract Line D from Line C. ...................................................................... E _________________

Credit allowable this year: Enter the amount from Line E

19F

or the balance of maximum credit available, whichever is less. ..............................................

Carryover credit to next year: Line E less Line 19F

(applicable only within 3-year carryover period). ........................................G _________________

PART 20 - LIVABLE HOME TAX CREDIT

Enter the amount of the Livable Home Tax Credit authorized by the

Department of Housing and Community Development. ............................. A _________________

Carryover credit from prior year(s). ............................................................ B _________________

Add Lines A and B .....................................................................................C _________________

Credit allowable this year: Enter the amount from Line C

20D

or the balance of maximum credit available, whichever is less. ..............................................

Carryover credit to next year: Line C less Line 20D

(applicable only within 7-year carryover period). ........................................ E _________________

PART 21 - RIPARIAN WATERWAY BUFFER TAX CREDIT

Enter the amount of Riparian Waterway Buffer Tax Credit

authorized by the Virginia Department of Forestry. .................................. A __________________

Carryover credit from prior year(s). .......................................................... B __________________

Add Lines A and B. ...................................................................................C __________________

Credit allowable this year: Enter the amount from Line C

21D

or the balance of maximum credit available, whichever is less. ..............................................

Carryover credit to next year: Line C less Line 21D

(applicable only within 5-year carryover period). ...................................... E __________________

Virginia Schedule Cr - Credit Computation Schedule - 2013 Page 4

Related Articles

Related forms

Related Categories