California Form 3540 - Credit Carryover And Recapture Summary - 2013 Page 3
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4Even though the cost to construct or acquire the property may have
Code 180 – Solar Energy Credit Carryover
been paid or incurred during 2003 or prior years, if the property was
You may claim a credit carryover for the costs of installing solar
not placed in service before January 1, 2004, none of those costs are
energy systems under former R&TC Sections 17052.5 and 23601, only
qualified costs for the credit.
if a carryover is available from taxable years 1985 through 1988.
Code 185 – Orphan Drug Credit Carryover
Code 179 – Solar Pump Credit Carryover
You may claim a credit carryover for expenses related to qualified
You may claim a credit carryover for the cost of installing a solar pump
clinical testing under former R&TC Sections 17057 and 23609.5, only
system under former R&TC Sections 17052.1, 17052.4, 17052.8,
if a carryover is available from taxable years 1987 through 1992.
and 23607, only if a carryover is available from taxable years 1981
through 1983.
Code 184 – Political Contributions Credit Carryover
(Individuals only)
Code 217 – Solar or Wind Energy System Credit Carryover
You may claim a credit carryover for political contributions you made
You may claim a credit carryover for the purchase and installation
prior to January 1, 1992, under former R&TC Section 17053.14, only if
costs of a solar energy or wind energy system installed on California
a carryover is available from taxable years 1987 through 1991.
property under former R&TC Sections 17053.84 and 23684, from
The political contribution credit was the smaller of one of the following:
taxable years 2001 through 2005.
• 25% (.25) of the amount contributed.
Limitation: The credit may be carried forward for up to eight years
from the year in which the credit was incurred, or until exhausted,
• $50 ($25 for married filing separately and single).
whichever occurs first.
Code 174 – Recycling Equipment Credit Carryover
Code 210 - Targeted Tax Area (TTA) (Sales or Use Tax)
You may claim a credit carryover for the purchase of qualified
You may claim a credit carryover for the TTA sales or use tax paid or
recycling equipment, which was certified by the California Integrated
incurred on qualified property under former R&TC Sections 17053.33
Waste Management Board, under former R&TC Sections 17052.14
and 23612.5, only if a carryover is available from taxable years 1989
and 23633, only if a carryover is available from taxable years
through 1993.
1998 through 2012.
The amount of credit you may claim is limited by the amount of tax
Code 186 – Residential Rental and Farm Sales Credit
on business income attributable to the TTA. Get form FTB 3809,
Carryover (Individuals only)
Targeted Tax Area Business Booklet, to determine the amount of credit
You may claim a credit carryover if you had a gain from the
carryover you may claim.
sale of residential rental or farm property under former R&TC
Code 201 – Technological Property Contribution Credit
Section 17061.5, only if a carryover is available from taxable years
Carryover (Corporations only)
1987 through 1991.
You may claim a credit carryover if you contributed technological
Code 206 – Rice Straw Credit Carryover
property under former R&TC Section 23606, only if a carryover is
You may claim a credit carryover for the purchase of rice straw grown
available from taxable years 1983 through 1984.
in California under former R&TC Sections 17052.10 and 23610, only if
Code 178 – Water Conservation Credit Carryover
a carryover is available from taxable years 1997 through 2007.
(Individuals, Estates, and Trusts only)
Limitation: The credit may be carried forward for up to ten years from
the year in which the credit was incurred, or until exhausted, whichever
You may claim a credit carryover for the costs of installing water
occurs first.
conservation measures under former R&TC Section 17052.8, only if a
carryover is available from taxable years 1980 through 1982.
Code 171 – Ridesharing Credit Carryover (Pre-1989)
Code 161 – Young Infant Credit Carryover (Individuals only)
You may claim a credit carryover for the cost of sponsoring a
ridesharing program for your employees, or for operating a private,
You may claim a credit carryover for a dependent under 13 months
third-party ridesharing program under former R&TC Sections 17053,
of age under former R&TC Section 17052.20, only if a carryover is
and 23605, only if a carryover is available from taxable years 1981
available from taxable years 1991 through 1993.
through 1986.
D Limitations
Use Code 171 only for employer ridesharing credit carryovers from
In general, a credit carryover cannot reduce the minimum franchise
pre-1989 taxable years. If you are claiming a credit carryover from
tax (corporations and S corporations) and the annual tax (limited
the employer ridesharing vehicle credit available in taxable years 1989
partnerships, limited liability companies (LLCs) classified as
through 1995, see codes 191 through 193 to determine which code to
partnerships, limited liability partnerships), the alternative minimum
use.
tax (corporations, exempt organizations, individuals, and fiduciaries),
Code 200 – Salmon and Steelhead Trout Habitat Restoration
the built-in gains tax (S corporations), or the excess net passive
income tax (S corporations).
You may claim a credit carryover for the cost associated with salmon
and steelhead trout habitat restoration and improvement projects
Alternative Minimum Tax (AMT) may be reduced by the following
under former R&TC Sections 17053.66 and 23666, only if a carryover
credit carryovers: solar energy credit, commercial solar energy credit
is available from taxable years 1995 through 1999.
and the manufacturing investment credit (MIC). However, the MIC
carryover may only reduce the alternative minimum tax (AMT) for
The credit amount is the lesser of 10% of qualified costs, or other
corporations. Get Schedule P (100, 100W, 540, 540NR, or 541).
amounts determined by the California Department of Fish and Game.
If the available credit carryover for the current taxable year exceeds
the current year tax, any unused amount may be carried over to
succeeding years unless the credit carryover period has expired. Apply
the carryover to the earliest taxable year(s) possible.
In no event can a credit carryover be carried back and applied against a
prior year’s tax.
FTB 3540 Instructions 2013 Page 2
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