Form Ct-606 - Claim For Qeze Credit For Real Property Taxes - 2013 Page 2
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8Page 2 of 8 CT-606 (2013)
Schedule B – Computation of test year employment number within the EZs in which you are certified
Test year
March 31
June 30
September 30 December 31
Total
to
(mm-yy)
Number of full-time employees within the EZs
7 Test year employment number within the EZs in which you are certified
7
(see instructions; also enter on line 9)
Schedule C – Employment increase factor
(see instructions)
8 Current tax year employment number within the EZs in which you are certified
..............................................................................................................................
8
(see instructions)
9 Test year employment number within the EZs in which you are certified
...........................
9
(from line 7)
10 Subtract line 9 from line 8..................................................................................................................
10
11 Divide line 10 by line 9
(carry result to four decimal places; if line 9 is zero and line 8 is greater than zero, enter 1.0 here)
....
11
12 Divide line 10 by 100
12
......................................................................
(carry result to four decimal places)
(enter the greater of line 11 or 12, but not more than 1.0; also enter on line 15)
13 Employment increase factor
.....
13
Schedule D – Computation of QEZE credit for real property taxes for QEZEs first certified prior to April 1, 2005
14 Tax year of the business tax benefit period
; benefit period factor
(from table below)
...........
14
15 Employment increase factor
............................................................................................ 15
(from line 13)
16 Eligible real property taxes
16
.......................................................................................
(see instructions)
(multiply line 14 by line 15 by line 16)
17 QEZE credit for real property taxes
.............................................
17
(from Worksheet A on page 6 of instructions)
18 Recapture of QEZE credit for real property taxes
............
18
(subtract line 18 from line 17; see instructions)
19 QEZE credit for real property taxes after recapture
........
19
20 QEZE credit for real property taxes limitation
20
(see instructions, do not enter zero)
................................
21 QEZE credit for real property taxes allowed
21
............................................................
(see instructions)
* The QEZE credit for real property taxes is generally available for up to
Benefit period factor table*
14 years for taxpayers that continue to qualify.
Tax year of
Benefit period
Tax year of
Benefit period
benefit period
factor**
benefit period
factor**
** For an owner of a qualified investment project or a significant capital
investment project, the benefit period factor will be 1.0 during the entire
1 - 10
1.0
13
0.4
business tax benefit period.
11
0.8
14
0.2
12
0.6
15
0.0
Find the tax year of your business tax benefit period. Enter the benefit
period factor for that year (from Benefit period factor table) on line 14.
(continued)
518002130094
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