Schedule Cr - Web - Credit Computation Schedule - 2005 Page 3
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5Schedule CR (2005)
*VASCCR305888*
page 3
- Web - See Page 6 for required attachments.
Name(s) as shown on Virginia return
Social Security Number
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PART XII – DAY-CARE FACILITY INVESTMENT TAX CREDIT
55
Enter 25% of eligible expenses, not to
exceed $25,000 .................................................................................. 55 __________________
56
Carryover credit from prior year(s)
[attach computation] ........................................................................... 56 __________________
57
Add lines 55 and 56 ............................................................................ 57 __________________
58
Credit allowable this year: Enter the amount from line 57 or the
00
,
,
.
balance of maximum credit available, whichever is less ........................................................ 58
59
Carryover credit for 2006: Line 57 less line 58.
(3 year carryover period. See instructions for limitations) ................ 59 __________________
PART XIII – LOW- INCOME HOUSING CREDIT
60
Enter allowable credit (attach certification form) ............................... 60 __________________
60a
Carryover credit from prior year(s) [attach computation] ............... 60a __________________
60b
Add lines 60 and 60a ....................................................................... 60b __________________
61
Credit allowable this year: Enter amount from line 60b or
00
,
,
.
the balance of maximum credit available, whichever is less .................................................. 61
62
Carryover credit for 2006: Line 60b less line 61
(5 year carryover period) ................................................................... 62 __________________
PART XIV – AGRICULTURAL BEST MANAGEMENT PRACTICES TAX CREDIT
63
Enter 25% of qualified expenditures, not to
exceed $17,500 (attach certificate) ................................................. 63 __________________
64
Carryover credit from prior year(s) [attach computation] ................. 64 __________________
65
Add lines 63 and 64 ............................................................................ 65 __________________
66
Credit allowable this year: Enter amount from line 65 or the
00
,
,
.
balance of maximum credit available, whichever is less ........................................................ 66
67
Carryover credit for 2006: Line 65 less line 66.
(5 year carryover period.) ................................................................ 67 __________________
PART XV – QUALIFIED EQUITY AND SUBORDINATED DEBT INVESTMENTS TAX CREDIT
68
Enter the amount of qualified equity and subordinated debt
investments tax credit authorized by the
Virginia Department of Taxation ......................................................... 68 __________________
69
Carryover credit from prior year(s) [attach computation] ................. 69 __________________
70
Add lines 68 and 69 ............................................................................ 70 __________________
71
Credit allowable this year: Enter the amount on line 70 or the
00
,
,
.
balance of maximum credit available, whichever is less ........................................................ 71
72
Carryover credit for 2006: Line 70 less line 71
(15 year carryover period) ................................................................. 72 __________________
PART XVI – WORKER RETRAINING TAX CREDIT
73
Enter amount of worker retraining tax credit authorized by the
Virginia Department of Taxation. ........................................................ 73 __________________
74
Carryover credit from prior year(s) [attach computation] ................. 74 __________________
75
Add lines 73 and 74 ............................................................................ 75 __________________
76
Credit allowable this year: Enter the amount from line 75 or the
00
,
,
.
balance of maximum credit available, whichever is less ........................................................ 76
77
Carryover credit for 2006: Line 75 less line 76
(3 year carryover period) ................................................................... 77 __________________
PART XVII – WASTE MOTOR OIL BURNING EQUIPMENT CREDIT
78
Enter 50% of the purchase price paid during the taxable year for equip-
ment used exclusively for burning waste motor oil at your facility .. 78 __________________
79
Credit allowable this year: Enter the amount from line 78, up to
00
,
.
$5,000 not to exceed balance of maximum credit available ................................................... 79
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