Form Aepc - Alternative Energy Production Credit - 2012
Download a blank fillable Form Aepc - Alternative Energy Production Credit - 2012 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Aepc - Alternative Energy Production Credit - 2012 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4MONTANA
CLEAR FORM
AEPC
Rev 05 12
2012 Alternative Energy Production Credit
15-32-401 through 15-32-407, MCA
Name (as it appears on your Montana tax return)
Social Security
Federal Employer
-
-
-
OR
Identification Number
Number
Then you need to complete:
If you are:
Part I
Part II
Part III
Part IV
Before you begin,
Receiving the credit from a
X
X
please review this
partnership or S corporation
chart to determine
An individual
X
X
X
which parts of this
A C corporation
X
X
X
form you need to
complete.
A partnership
X
X
*
An S corporation
X
X
*
*
You will also need to complete the Income Allocation Worksheet in Part IV if the alternative energy
production income is part of a business with both qualifying and nonqualifying income sources.
Part I. Qualifications (C corporations, S corporations, partnerships and individuals)
You must answer yes to questions 1 and 2 in order to qualify for this credit.
1. I made at least a $5,000 investment in depreciable property that is a commercial
or net metering system located in Montana that generates energy by means of an
alternate renewable energy source.
Yes
No
2. I have taxes due as a consequence of taxable or net income produced by at least
one of the following (mark whichever applies to you):
Yes
No
Manufacturing plant(s) located in Montana that produces alternative energy generating equipment; or
New business facility or the expanded portion of an existing business facility for which the alternative energy
generating equipment supplies, on a direct contract sales basis, the basic energy needed for the facility (please
include a copy of the contract); or
The alternative energy generating equipment in which the investment for which a credit is being claimed was
made.
Part II. Credit Calculation (C corporations, S corporations, partnerships and individuals)
Please provide the location of your alternative energy producing assets _______________________________________
3. Enter the amount of your eligible alternative energy equipment investment .................................. 3.
4. Enter the amount of any grants you received ................................................................................. 4.
5. Subtract line 4 from line 3 ............................................................................................................... 5.
6. Multiply line 5 by 35% (0.35) .......................................................................................................... 6.
7. Enter any remaining alternative energy production credit carryforward amount from previous
years ............................................................................................................................................... 7.
8. Add lines 6 and 7, and enter the result here. This is your total alternative energy production
credit for 2012 before limitation. Continue to Part IV ...................................................................... 8.
*12HN0101*
*12HN0101*
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial