Form 3521 - California Low-Income Housing Credit - 2015 Page 2

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Part II Carryover Computation

12 a Credit claimed. Enter the amount of the credit claimed on the current year tax return.

See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12a

(Do not include any assigned credit claimed on form FTB 3544A.)

12 b Total credit assigned. Enter the total amount from form FTB 3544, column (g).

If you are not a corporation, enter -0-. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12b

13 Carryover to future years. Add line 12a and line 12b, subtract the result from line 11 . . . . . . . . . . . . . . . . . .13

Part III Basis Recomputations. Complete this part only if the basis in a project or building has decreased. Use additional sheets if necessary.

(a)

(b)

(c)

Building 1

Building 2

Total

14 Date building was placed in service (month/year) . . . . . . . . . .