California Schedule P (540nr) - Alternative Minimum Tax And Credit Limitations - Nonresidents Or Part-Year Residents - 2012 Page 3

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Part III Credits that Reduce Tax Note: Be sure to attach your credit forms to Long Form 540NR.
1 Enter the amount from Long Form 540NR, line 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▐ 1 _____________________
00
2 Enter the tentative minimum tax from Side 2, Part II, line 43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ▐ 2 _____________________
00
(a)
(b)
(c)
(d)
Credit
Credit used
Tax balance that
Credit
amount
this year
may be offset
carryover
Section A – Credits that reduce excess regular tax.
by credits
3 Subtract line 2 from line 1. If zero or less enter -0- and see instructions.
This is your excess tax which may be offset by credits . . . . . . . . . . . . . . . . . . . . . .
3
A1 Credits that reduce excess tax and have no carryover provisions.
4 ▌
4 Code: 162 Prison inmate labor credit (FTB 3507) . . . . . . . . . . . . . . . . . . . . . . . . . .
5 ▌
5 Code: 169 Enterprise zone employee credit (FTB 3553) . . . . . . . . . . . . . . . . . . . . .
6 ▌
6 Code: ___ ___ ___ New Home Credit or First Time Buyer Credit. . . . . . . . . . . . . . .
7 ▌
7 Code: 232 Child and dependent care expenses credit (FTB 3506). . . . . . . . . . . . . .
A2 Credits that reduce excess tax and have carryover provisions. See instructions.
8 ▌
8 Code: ____ ____ ____ Credit Name: ___________________________________
9 ▌
9 Code: ____ ____ ____ Credit Name: ___________________________________
10 Code: ____ ____ ____ Credit Name: ___________________________________ 10 ▌
11 Code: ____ ____ ____ Credit Name: ___________________________________ 11
12 Code: 188 Credit for prior year alternative minimum tax ____________________ 12 ▌
Section B – Credits that may reduce tax below tentative minimum tax.
13 If Part III, line 3 is zero, enter the amount from line 1. If line 3 is more than
zero, enter the total of line 2 and the last entry in column (c) . . . . . . . . . . . . . . . . . 13
B1 Credits that reduce net tax and have no carryover provisions.
14 Code: 170 Credit for joint custody head of household
Credit from
Credit
Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 14 ▌
See line 51 instructions on Long Form 540NR.
15 Code: 173 Credit for dependent parent
Credit from
Credit
Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 15 ▌
See line 52 instructions on Long Form 540NR.
16 Code: 163 Credit for senior head of household
Credit from
Credit
Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 16 ▌
See line 53 instructions on Long Form 540NR.
17 Nonrefundable renter’s credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 ▌
B2 Credits that reduce net tax and have carryover provisions. See instructions.
18 Code: ____ ____ ____ Credit Name: ___________________________________ 18 ▌
19 Code: ____ ____ ____ Credit Name: ___________________________________ 19 ▌
20 Code: ____ ____ ____ Credit Name: ___________________________________ 20 ▌
21 Code: ____ ____ ____ Credit Name: ___________________________________ 21
B3 Other state tax credit
22 Code: 187 Other state tax credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 ▌
Section C – Credits that may reduce alternative minimum tax.
23 Enter your alternative minimum tax from Side 2, Part II, line 45 . . . . . . . . . . . . . . . 23
24 Code: 180 Solar energy credit carryover from Section B2, column (d) . . . . . . . . . . 24 ▌
25 Code: 181 Commercial solar energy credit carryover from Section B2,
column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 ▌
26 Adjusted AMT. Enter the balance from line 25, column (c) here and on
Long Form 540NR, line 71 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Schedule P (540NR) 2012 Side 3
7983123

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