Form Nc-478a Draft - Tax Credit Creating New Jobs - 2011

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NC-478A
2011 Tax Credit
Web
Creating New Jobs
11-11
North Carolina Department of Revenue
Legal Name (First 10 Characters)
NAICS Code of Primary Business
SSN or FEIN
Part 1.
Computation of Credit Amount for Jobs Created in 2008
For most taxpayers, the credit for creating new jobs expired for jobs created on or after January 1, 2007.
Taxpayers who created jobs prior to January 1, 2007 may continue to take the remaining installments and
carryforwards of prior years’ credits by completing Parts 2 and 3. (See the instructions for NC-478A for exceptions
to the sunset and further instructions.)
1.
Number of additional full-time employees in N.C. in 2007
2.
Number of positions included in Line 1 that are at this establishment
3. Credit amount for each new job if establishment is in a development or agrarian growth zone
Enter amount for applicable tier
.
Tier 1
Tier 2
Tier 3
Tier 4
Tier 5
00
$16,500
$8,000
$7,000
$5,000
$4,500
4. Credit amount for each new job if establishment is not in a development or agrarian growth zone
Enter amount for applicable tier
.
Tier 1
Tier 2
Tier 3
Tier 4
Tier 5
00
$12,500
$4,000
$3,000
$1,000
$500
5.
Credit Amount for Jobs Created at this Establishment in 2007
.
Multiply Line 2 by Line 3 or Line 4, whichever is applicable; enter here and
00
in the Credit History Table in Part 3
6. Amount of each future installment
.
00
Divide Line 5 by the number 4 (Credit is taken in 4 installments)
Part 2. Computation of Amount To Be Taken in 2011
Franchise
Income
,
,
.
,
,
.
1.
4th Installment of 2007 Credit
00
00
1/4th of 2007 credit amount
2.
Carryforwards
,
,
.
,
,
.
Portion of installments not taken for
00
00
tax years 2002-2006
3.
Credit Amount to Take in Tax Year 2011
,
,
.
,
,
.
Add Lines 1 and 2; enter here and on Form NC-478,
00
00
Part 1, Line 1a
File with NC-478

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