Form Ct-633 - Economic Transformation And Facility Redevelopment Program Tax Credit - 2013 Page 3

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CT-633 (2013) Page 3 of 4
(see instructions)
Part 4
Real property tax credit component
(see instructions)
Property located entirely within closed facility
A
B
C
Eligible real property taxes
Benefit period
Credit amount
year rate
(column A x column B)
*
Total of column C from attached sheet ( s ) ...................................
1st year 50% (.50); 2nd year 40% (.40); 3rd year 30% (.30); 4th year 20% (.20); 5th year 10% (.10)
*
18 Real property tax credit component for property located entirely within a closed facility
(add column C amounts)
18
(see instructions)
Property located outside a closed facility
A
B
C
Eligible real property taxes
Benefit period
Credit amount
year rate
(column A x column B)
**
Total of column C from attached sheet ( s ) ...................................
1st year 25% (.25); 2nd year 20% (.20); 3rd year 15% (.15); 4th year 10% (.10); 5th year 5% (.05)
**
19 Real property tax credit component for property located outside a closed facility
...
(add column C amounts)
19
20 Add lines 18 and 19 ...........................................................................................................................
20
21 Real property tax credit component from partnerships
...
(from the Real property tax credit column of line 35)
21
22 Total real property tax credit component
...............
(add lines 20 and 21; S corporations see instructions)
22
(S corporations see instructions)
Schedule C
Credit summary
23 Total credit components
............................................................................
(add lines 6, 14, 17, and 22)
23
24 Recapture of credits taken in previous years
...........................................................
(see instructions)
24
25 Net economic transformation and facilities redevelopment program tax credit
.........
(see instructions)
25
(see instr.)
Schedule D
Computation of tax credit used, refunded, or credited as an overpayment in the next year
S corporations: Do not complete this section
26 Tax due before credits
................................................................................................. 26
(see instructions)
27 Tax credits claimed before this credit
........................................................................
(see instructions)
27
28 Subtract line 27 from line 26 ................................................................................................................ 28
29 Minimum tax
................................................................................................................ 29
(see instructions)
.......................................................
(subtract line 29 from line 28; if zero or less, enter 0)
30 Credit limitation
30
31 Credit to be used this tax year
..................................................................................
(see instructions)
31
32 Unused tax credit available as a refund or as an overpayment
..............
(subtract line 31 from line 25)
32
33 Tax credit to be refunded
...........................................
(limited to the amount on line 32; see instructions)
33
34 Amount to be applied as an overpayment to next year’s tax
.......
(subtract line 33 from line 32; see instructions)
34
542003130094

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