Schedule Ec - Solar And Wind Energy Credit - 2014

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2014
Massachusetts
Schedule EC
Department of
Solar and Wind Energy Credit
Revenue
Name(s) as shown on Massachusetts Form 1 or 1-NR/PY
Social Security number(s)
Address of principal residence in Massachusetts (do not enter PO box)
City/Town
State
Zip
Costs of renewable solar and/or wind energy source property installed in a principal Mass. residence
Note: This credit can only be taken once for the principal residence indicated above. Do not include repair or maintenance costs. See instructions on
the back of this form.
91 Cost of renewable solar and/or wind energy property installed in your principal Massachusetts residence in 2014.
Enclose a statement describing the nature of the expenditures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
92 Enter any U.S. HUD grant or rebate for such expenditures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
93 Net 2014 expenditures. Subtract line 2 from line 1. Not less than “0” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
94 Enter 15% of line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
$1,000
5a Maximum allowable credit for principal residence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5a
9b Total prior years credit taken by taxpayer for this principal residence . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b
7c Subtract line 5b from line 5a. Not less than “0” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5c
96 2014 Massachusetts Energy Credit. Enter line 4 or line 5c, whichever is less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7a Enter 2011 unused Massachusetts Energy Credit (from 2013 Schedule EC, line 12, col. c) . . . . . . . . . . . . . . . . . . . . . . . 7a
9b Enter 2012 unused Massachusetts Energy Credit (from 2013 Schedule EC, line 12, col. c) . . . . . . . . . . . . . . . . . . . . . . . 7b
9c Enter 2013 unused Massachusetts Energy Credit (from 2013 Schedule EC, line 12, col. c) . . . . . . . . . . . . . . . . . . . . . . . 7c
08 Massachusetts Energy Credit available this year. Add lines 6, 7a, 7b and 7c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Computation of Energy Credit allowable on return
09 Total tax from Form 1, line 28 or Form 1-NR/PY, line 32 less Limited Income Credit, and/or Credit for Taxes Paid to
Other Jurisdictions, and/or certain other credits, if any (see instructions). Not less than “0”. . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Massachusetts Energy Credit allowable this year. Enter the smaller of line 8 or line 9 here and on Form 1, Schedule Z,
or Form 1-NR/PY, Schedule Z. Not more than $1,000. You must enclose Schedule EC with your return. Failure to
do so will result in this credit being disallowed on your tax return and an adjustment of your reported tax . . . . . . . . . . . . 10
Unused Massachusetts Energy Credit Carryover
11 Complete only if line 8 is more than line 9, or if you have unused credits from prior years.
Year
a. Unused credits from prior years
b. Portion used
c. Unused credit available
and current year credit
this year
subtract col. b. from col. a
Amount
For
2012
(2013 Sch. EC, line 12, col. c)
$ . . . . . . . . . . . . . . . .
$ . . . . . . . . . . . . . . . .
$ . . . . . . . . . . . . . . . .
2015
2013
(2013 Sch. EC, line 12, col. c)
$ . . . . . . . . . . . . . . . .
$ . . . . . . . . . . . . . . . .
$ . . . . . . . . . . . . . . . .
2015–2016
2014
(2014 Sch. EC, line 6)
$ . . . . . . . . . . . . . . . .
$ . . . . . . . . . . . . . . . .
$ . . . . . . . . . . . . . . . .
2015–2017
12
Totals
$ . . . . . . . . . . . . . . . .
$ . . . . . . . . . . . . . . . .
$ . . . . . . . . . . . . . . . .

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