Worksheet Lm - Nebraska Advantage Rural Development Act For Livestock Modernization Project Only

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Nebraska Advantage Rural Development Act
Worksheet LM
for Livestock Modernization Project Only
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• Attach this worksheet to your LM Application
Name
End of Prior
Additions in
Retirements
End of App.
Increase in
Additions in
Retirements
End of Next
Increase in
Tax Year
Next Tax Year
Tax Year
Investment
Tax Year
Current Tax Year
Investment
Investment
(a + b - c)
(d + f - g)
(column h - a)
(column d - a)
a
b
c
e
g
d
f
h
i
PART A: Buildings and equipment used for livestock housing, confinement, feeding, production, and waste management
1 Building
2 Building/Leasehold Improvements
3 Equipment
4 Average Net Annual Rent (lines 1 through 3
property) times term of lease, not to exceed
10 tax years
5 Subtotal (lines 1 through 4)
6 Motor Vehicle, Railroad Rolling Stock, and
Planes included in lines 1 through 4
7 Part A Total (line 5 minus line 6)
PART B: Additional Depreciable Property Not Listed Above
8 Building (not for livestock)
9 Building/Leasehold Improvements
(not for livestock)
10 Equipment (not for livestock)
11 Furniture and Fixtures
12 Computers and Canned Software
13 Other Depreciable Property
14 Average Net Annual Rent (lines 8 through
13 property) times terms of lease, not to
exceed 10 tax years
15 Subtotal (lines 8 through 14)
16 Motor Vehicle, Railroad Rolling Stock, and
Planes included in lines 8 through 14
17 Part B Total (line 15 minus line 16)
TOTAL PROJECT
18 Part A plus Part B (line 7 plus line 17)
19 Comparison of Part A to Total Project
(lesser of line 7 or line 18, not less than zero)
20 Investment Growth in Livestock Modernization (line 19e or 19i, whichever is greater)

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