Form Ct-606 - Claim For Qeze Credit For Real Property Taxes - 2013 Page 7

ADVERTISEMENT

CT-606 (2013) Page 7 of 8
Schedule L – Computation of credit for QEZEs certified in DZs
(see instructions)
42 Eligible wages, health benefits, and retirement benefits from line 41 ................................................ 42
43 25% (.25) factor.................................................................................................................................. 43
.25
44 DZ employment increase factor from line 40 ..................................................................................... 44
45 QEZE credit for real property taxes for QEZEs certified in DZs
45
(multiply line 42 by line 43 by line 44)
........
Schedule M – Computation of QEZE credit for real property taxes for manufacturers and QEZEs
certified only in an IZ
(see instructions)
46 Eligible wages, health benefits, and retirement benefits from line 41 ................................................ 46
47 25% (.25) factor.................................................................................................................................. 47
.25
(multiply line 46 by line 47)
48 QEZE credit for real property taxes
...........................................................
48
Schedule N – QEZE credit for real property taxes
49 QEZE credit from line 45 or line 48 ..................................................................................................
49
50 Capital investment amount
50
(from line 65 or 66)
...................................................................................
51 Enter the greater of line 49 or line 50 ...............................................................................................
51
52 Eligible real property taxes
52
.............................................................................
(attach documentation)
53a Enter the lesser of line 51 or line 52.................................................................................................
53a
53b If certified on or after April 1, 2009, multiply line 53a by 75% (.75) and enter the result. If certified
prior to April 1, 2009, make no entry.............................................................................................
53b
54 Recapture of QEZE credit for real property taxes
54
..................................................
(see instructions)
55 QEZE credit for real property taxes after recapture
55
(subtract line 54 from line 53a or 53b; see instructions)
Schedule O – Application of QEZE credit for real property taxes
(New York S corporations do not complete Schedule O)
56 Enter your franchise tax
............................................................................................ 56
(see instructions)
57 Tax credits claimed before the QEZE credit for real property taxes
(if applying multiple credits on your
57
franchise tax return, see instructions)
.................................................................................................
58 Subtract line 57 from line 56
58
59 Enter appropriate tax:
Article 9 section 185 – Enter 10
Article 9-A – Enter the greater of the tax on the minimum taxable income base or the fixed dollar minimum tax
Article 32 or 33 – Enter 250
Article 33 combined – Enter the sum of lines 4 and 12 from Form CT-33-A
59
60 Credit limitation
60
(subtract line 59 from line 58; if less than zero, enter 0)
..................................................
61 QEZE credit for real property taxes to be used this period
61
.....................................
(see instructions)
62 Unused QEZE credit for real property taxes
62
(subtract line 61 from line 55)
..........................................
63 Amount of unused credit on line 62 to be refunded
63
................................................
(see instructions)
64 Amount of unused, nonrefunded credit to be credited as an overpayment to next year’s tax
64
(subtract line 63 from line 62; see instructions)
....................................................................................
(continued)
518007130094

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 8