Fillable Form Ia 148 - Tax Credits Schedule

2013 IA 148 Tax Credits Schedule Instructions

Column H: Enter the amount from column E less any

Part III: Total Credits

amount from column F and/or column G.

Enter the sum of the total boxes for Part I and Part II. This

total is entered on line 16 of IA 1120F, line 30 of IA

Part II: Refundable Tax Credits

1041, or the miscellaneous line of the Iowa Insurance

Column I: Enter the tax credit code from the table below

Premium Tax Return.

for the credit claimed on each line.

51 Assistive Device Tax Credit

Part IV: Pass-Through Entity Schedule

52 Biodiesel Blended Fuel Tax Credit (enclose form

Businesses that are organized as pass-through entities

IA 8864)

(such as partnerships, limited liability companies,

53 Claim of Right Tax Credit

S corporations, etc.) earn tax credits at the business

55 E85 Gasoline Promotion Tax Credit (enclose

level, but the credits are claimed by individuals and

form IA 135)

businesses that are members of the ownership group. For

56 Historic Preservation and Cultural and

each line in Part I or Part II with a credit received from a

Entertainment District Tax Credit

pass-through entity, complete a corresponding line in

58 Research Activities Credit (enclose form IA 128

Part IV to indicate the source of the credits.

or form IA 128S)

59 Supplemental Research Activities Credit

Column L: Enter the line number from Part I or Part II

(enclose form IA 128 or form IA 128S)

that includes credits received from a pass-through entity.

62 Third Party Sales Tax Credit

This includes any carryforward (column C) claimed

64 Ethanol Promotion Tax Credit (enclose form IA

from credits received in prior years from a pass-through

137)

entity.

65 E15 Plus Gasoline Promotion Tax Credit

Column M: Enter the name of the pass-through entity

(enclose form IA 138)

from which credits were received.

Column J: Enter the tax credit certificate number

Column N: Enter the Federal Employer Identification

received from the agency or organization that awarded

Number (FEIN) of the pass-through entity from which

the tax credit. Tax credits awarded before July 2006 may

credits were received. This FEIN should be the same

not have a certificate number.

number provided to the awarding agency or

The following refundable credits do not require a

organization. It also should be the same FEIN used to

certificate number:

complete any required information returns (such as form

52 Biodiesel Blended Fuel Tax Credit

IA 1065 and Schedule K-1 for partnerships).

53 Claim of Right Tax Credit

Column O: Enter the percentage share of credits earned

55 E85 Gasoline Promotion Tax Credit

by the pass-through entity that you are claiming. Enter

64 Ethanol Promotion Tax Credit

the percentage with one decimal place.

58 Research Activities Credit

65 E15 Plus Gasoline Promotion Tax Credit

Column K: Enter the total amount of credit you earned

directly or received from a pass-through entity (see

definition of pass-through entity in instructions for Part

IV) during the current tax year. The instructions for

column I indicate if a credit requires a separate form. If

the credit you are claiming lists a form number, please

enclose that form with your tax return. If a credit is

received from a pass-through entity, Part IV must also be

completed for the credit.

41-148c (07/02/13)

Form Ia 148 - Tax Credits Schedule - 2013 Page 3

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