State Form 55629 - Schedule In-Occ - Other Certified Credits - 2014 Page 2
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1
2Instructions for Other Certified Credits
Who Must Complete This Schedule
For example, express the combined certification or project
You must complete this schedule if you are reporting any of
number “123AN6” and PIN “1B34” as “123AN61B34” in
the following credits:
Column C. Do not include any dashes.
Column D. Enter the 3-digit code number associated with
3-Digit
the credit.
Credit
Code
Hoosier Business Investment Credit
820
Column E. Enter the amount* of credit you are claiming.
Hoosier Business Investment Credit – Logistics
860
*Limitations. The credits listed on this schedule are limited
Natural Gas Commercial Vehicle Credit
858
to offset Indiana adjusted gross income tax. For example, if
School Scholarship Credit
849
your School Scholarship Credit is $500 and your adjusted
gross income tax is $425, you should enter the $425 limited
Line-by-line Instructions
amount in Column E. Since any unused portion of this
Enter the name of the entity claiming the credit(s).
credit is eligible to be carried over to the next tax year, you
will be eligible to claim the remaining $75 credit on next
Enter the corresponding Social Security number or federal
year’s tax return.
ID number.
Line 17
Columns A – E. The following information details how to
Once you have completed this schedule, carry the credit
complete Columns A - E. If you are claiming more than one
amount from Column E, line 17, to the appropriate form/
credit, please enter each one separately.
schedule (Schedule 6 or Schedule G for individual filers,
Form IT-20, Form IT-41 or Form FIT-20), and enclose this
Column A. If you are a member of an S corporation or
schedule when filing your tax return.
partnership and are claiming one or more of the above
credits from your IN K-1, enter the federal ID number of
Form IT-20S/IT-65 filers must see the following Special
the S corporation or partnership in this column. If the credit
Instructions.
you are reporting does not flow from an S corporation or
partnership, leave this column blank.
Special Instructions for Form IT-20S/IT-65 filers
If filing this schedule with the IT-20S or IT-65, only reflect
Do not use a dash when entering the number. For example,
the credit amounts from the IN K-1s on behalf of the entity’s
enter 12-3456789 as 123456789.
members who are included on the composite return. Do not
include credits from the IN K-1s that belong to members
Column B. Enter the tax year for which the credit has been
who are not included on the composite return. Enter the
certified. You can find this information in the certification
combined pro rata credits on one line of the IN-OCC; do not
letter you received from the authorizing entity or on your IN
enter a line for each composite member.
K-1, if applicable.
The total amount of credit for the members on the
Column C. Certification or project numbers and PINs can
composite return cannot exceed the entity’s total tax due.
be either all numeric, alpha, or a mixture of numeric and
In addition, sales and use tax cannot be offset by these
alpha characters. Enter the certification or project number
nonrefundable credits if included in the total tax due.
you received from the authorizing entity. You can find
this number in the certification letter you received from
If an individual income tax return is being filed for a
the authorizing entity or on your IN K-1. If you also have
nonresident member, the member should opt out of the
received a PIN, add it to the right of your project number
composite by filing Schedule IN-COMPA and claim these
and enter the combined number in this box.
credits on the IT-40PNR. In such a case, these should not
be claimed on the IN-OCC.
*24100000000*
24100000000
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