Form 1811ac 0905 - Computation Schedule For Claiming Delaware Historic Preservation Tax Credits - 2012 Page 2

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GENERAL INSTRUCTIONS FOR COMPLETION OF
FORM 1811AC 0905
The State Historic Preservation Office (SHPO) must first approve the project as a Certified Rehabilitation. Once the
renovation is completed, a Certificate of Completion is required in order to convert the project’s assigned credit award
to approved income tax credits. In order to receive the credits, the applicant must submit to SHPO their Part 3
application and Delaware Division of Revenue Form 1811AC 0905 and an accounting of the actual qualified
expenditures of the renovation.
The SHPO will submit Form 1811AC 0905 and the Certificate of Completion to the
Division of Revenue and the State Bank Commissioner who will compute and verify the credits for the renovation. If you
need assistance completing this form, please contact Stephen Seidel , Delaware Division of Revenue, 820 N. French S t.,
Wilmington, DE 19801, 302-577-8445, stephen.seidel@ s t a t e . d e . u s .
SPECIFIC INSTRUCTIONS
PART A - NAME AND ADDRESS OF CURRENT QUALIFIED PROPERTY OWNER
Line 1.
Enter the Federal Employer Identification or Social Security Number of the person or entity currently owning the
qualified property.
Line 2.
Enter the name of the person or entity currently owning the qualified property.
Line 3.
Enter the address of the person or entity currently owning the qualified property.
Line 4.
Enter the location of the qualified historic property, if different from Line 3.
Line 5.
Enter the date (MM/DD/YY) in which the qualified property was granted Part II approval and the date
(MM/DD/YY) in which the Certificate of Completion (Part III) was issued for the qualified property.
PART B – TYPE OF HISTORIC PROPERTY
Please check the appropriate box under which the Delaware historic property is qualified.
DELAWARE DIVISION OF REVENUE FORM 1811AC 0905 MUST BE SIGNED BY THE CURRENT
QUALIFIED PROPERTY OWNER OR AN APPROVED REPRESENTATIVE OF THE CURRENT
QUALIFIED PROPERTY OWNER
PART C – COMPUTATION OF THE DELAWARE HISTORIC PRESERVATION TAX CREDIT
STOP:
ONLY COMPLETE PART A AND PART B OF THIS FORM. PART C OF THIS FORM WILL BE
COMPLETED AND CERTIFIED BY THE DELAWARE DIVISION OF REVENUE AND THE DELAWARE
STATE BANK COMMISSIONER OFFICE.
THE TOTAL AMOUNT OF CREDITS APPROVED BY THE DIRECTOR WITH RESPECT TO ALL APPLICANTS FOR THE
DELAWARE HISTORIC PRESERVATION TAX CREDIT SHALL NOT EXCEED $5,000,000 BEGINNING IN FISCAL YEAR
ENDING JUNE 30, 2006. IF THE AMOUNT OF DELAWARE HISTORIC PRESERVATION CREDITS FOR WHICH ALL
APPLICANTS APPLIED IN ANY FISCAL YEAR EXCEEDS $5,000,000, THEN THE AMOUNT BY WHICH SUCH CREDIT
AWARD EXCEEDS $5,000,000 SHALL CARRY OVER TO THE SUCCEEDING FISCAL YEAR AND SHALL
RECEIVE PRIORITY FOR THAT YEAR.

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