68
F
2015
IDAHO BROADBAND EQUIPMENT
O
R
EFO00038
INVESTMENT CREDIT
M
05-21-15
Name(s) as shown on return
Social Security number or EIN
CREDIT AVAILABLE SUBJECT TO LIMITATION
1. Amount of qualified investments in broadband equipment acquired during the tax year and approved by
the Idaho Public Utilities Commission (PUC). Include a complete list and approval from the Idaho PUC ....
1
2. Credit earned. Multiply line 1 by 3% .............................................................................................................
2
3. Pass-through share of credit from an S corporation, partnership, trust, or estate .........................................
3
4. Credit received through unitary sharing. Include a schedule ........................................................................
4
5. Credit received by transfer. Include Idaho Statement of Credit Transfer, Form 70 ......................................
5
6. Carryover of broadband equipment investment credit from prior years .........................................................
6
7. Carryover eliminated due to recapture in 2015. Enter the amount from Form 68R, line 13.
Include Form 68R ..........................................................................................................................................
7
8. Credit distributed to shareholders, partners, or beneficiaries ........................................................................
8
9. Credit shared with unitary affiliates ................................................................................................................
9
10. Credit transferred to another taxpayer. Include Form 70 ..............................................................................
10
11. Total credit available subject to limitations. Add lines 2 through 6 then subtract lines 7 through 10 .............
11
If you're claiming the credit for qualifying new employees, compute the limitation on Form 55,
CREDIT LIMITATIONS
then complete lines 17 through 19 on this form.
If you aren't claiming the credit for qualifying new employees, complete lines 12 through 19.
12. Enter the Idaho income tax from your tax return ...........................................................................................
12
13. a. Credit for income tax paid to other states .................................................... 13a
b. Credit for contributions to Idaho educational entities .................................... 13b
c. Investment tax credit .................................................................................... 13c
d. Credit for contributions to Idaho youth and rehabilitation facilities ............... 13d
e. Credit for production equipment using postconsumer waste ....................... 13e
f. Promoter-sponsored event credit ................................................................. 13f
g. Credit for Idaho research activities ............................................................... 13g
h. Add lines 13a through 13g ........................................................................................................................ 13h
14. Net income tax after other credits. Subtract line 13h from line 12 ................................................................
14
15. Credit allowable subject to limitation of tax. Enter the smaller of:
a. the amount from line 11 or
b. $750,000 ...................................................................................................................................................
15
16. Broadband equipment investment credit allowed. Enter the smaller amount from line 14 or line 15
here and on Form 44, Part I, line 6 ................................................................................................................
16
CREDIT CARRYOVER
17. Total credit available subject to limitations. Enter the amount from line 11 ...................................................
17
18. Broadband equipment investment credit allowed. Enter the amount from line 16 or from Form 55,
Part II, line 19 .................................................................................................................................................
18
19. Credit carryover to future years. Subtract line 18 from line 17. Enter the amount here and on
Form 44, Part I, line 6 ....................................................................................................................................
19