Form Ct-44 - Claim For Investment Tax Credit For The Financial Services Industry - 2014 Page 4

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Page 4 of 4 CT-44 (2014)
Schedule C – Recapture of ITC
(see instructions) Attach additional sheets if necessary
A
B
C
D
E
F
G
H
Description of 
Date  
Date 
Life 
Unused  Percentage 
Total original 
Recaptured
property 
acquired 
property 
life
(column E ÷
ITC
ITC
(months)
ceased to
allowed
(months) column D)
qualify 
Amounts from attached list ................................................................................................................................
15 Recaptured ITC 
............................................................................................
15
(add column H amounts)
16 Additional recapture 
................................................................................................
16
(see instructions)
17 Recapture total
.............................................................
17
(add lines 15 and 16; enter here and on line 22)
Summary of tax credit(s)
18 ITC
18
..................................................................................................................................
(from line 7)
19 EIC – Article 9-A only 
....................................................................................................
19
(from line 14)
20 Unused ITC or EIC from preceding period 
..............................................................
20
(see instructions)
21 Total
.............................................................................................................
21
(add lines 18, 19, and 20)
22 Recapture of credit(s) 
...................................................................................................
22
(from line 17)
23 Net ITC(s) 
................................................................................................................
(see instructions)
23
Computation of ITC used, refunded, or carried forward
(New York S corporations do not complete this section)
24 Tax before credits 
.................................................. 24
(see instructions)
25 Tax credits claimed before the ITC 
25
.......................
(see instructions)
26 Subtract line 25 from line 24  ............................................................ 26
27 Minimum tax 
(from Form CT-3, line 81; CT-3-A, line 80; CT-32 or CT-32-A, line 4;
..... 27
CT-33, line 4; CT-33-NL, line 4; CT-33-A, enter the sum of lines 4 and 12)
28 Limitation on credit used 
...
28
(subtract line 27 from line 26; if zero or less, enter 0)
29 ITC to be used this period 
........................................................................................
29
(see instructions)
30 Unused ITC 
...........................................................................................
30
(subtract line 29 from line 23)
31 Qualified new businesses only: ITC available for refund 
........................................
31
(see instructions)
32  Qualified new businesses only: amount of line 31 to be refunded 
..........................
32
(see instructions)
33  Qualified new businesses only: amount of line 31 to be applied as an overpayment to 
next year’s tax
............................................................
33
(subtract line 32 from line 31; see instructions)
34 Unused ITC available 
.............................................................................................
34
(see instructions)
35 Unused expired tax credits 
.....................................................................................
35
(see instructions)
36 Unused ITC available to be carried forward 
..........................................
36
(subtract line 35 from line 34)
451004140094

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