Fillable Schedule Nd-1tc - Tax Credits - 2012 (Page 5 of 6) in pdf

North Dakota Ofﬁ ce of State Tax Commissioner

2012 Schedule ND-1TC instructions

Page 4

To be eligible for the credit, the employer

Line 14a. Enter the date on which the

Line 14 - Geothermal energy device

must pay an annual salary that is at

installation of the device was completed.

credit

least 125% of North Dakota’s average

Enter the date in the following format:

You are eligible for a tax credit if you meet

wage as published by Job Service North

mm/dd/yyyy. If this date is before

all of the following requirements:

January 1, 2009, you are not eligible for

Dakota and must have employed all of

the following recruitment methods for at

this credit. Disregard this line if the credit

• You installed a qualifying geothermal

least 6 months to ﬁ ll a position for which

is from a North Dakota Schedule K-1.

energy device (deﬁ ned below).

the credit is claimed: (1) contracted with

Line 14b. Enter the allowable credit on

• You installed the device in a building

a professional recruiter for a fee; (2)

this line. Only for devices installed on or

or on property located in North Dakota

advertised in a professional trade journal,

after January 1, 2009, include on this line

that you own or lease.

magazine, or other publication directed at a

an allowable unused credit from a prior tax

particular trade or profession; (3) provided

• You completed the installation of the

year and a geothermal energy device credit

employment information on a web site

device on or after January 1, 2009.

from a North Dakota Schedule K-1.

for a fee; and (4) offered to pay a signing

A qualifying geothermal energy device

DO NOT enter on this line a credit for a

bonus, moving expenses, or non-typical

is one that meets all of the following

geothermal energy device installed before

fringe beneﬁ ts.

requirements:

January 1, 2009.

The employer must provide a statement

• It consists of a system or mechanism,

to the employee hired to ﬁ ll the hard-to-

or series of mechanisms, designed to

ﬁ ll position containing the following: (1)

Line 15 - Credit for wages paid to a

provide heating or cooling or to produce

name of employer; (2) federal employer

mobilized employee

electrical or mechanical power, or any

identiﬁ cation number of employer; (3)

If you have an employee who is a member

combination of these, by a method

statement that employer qualiﬁ es for the

of the National Guard or Reserve, and the

which extracts or converts the energy

workforce recruitment credit based on the

employee was mobilized for federal active

naturally occurring beneath the earth’s

employee’s employment; (4) amount of

military duty during the tax year, you may

surface in rock structures, water, or

signing bonus, moving expense payment,

be eligible for a tax credit if you continued

steam.

or non-typical fringe beneﬁ t payment; and

to pay part or all of the employee’s wages

(5) a statement that the payment of the

• If the device is a part of a system which

during the period of mobilization. Attach

bonus, moving expenses, or fringe beneﬁ t

uses other means of energy, only that

Schedule ME.

may be deductible on the employee’s

portion of the total system directly

Include on this line an allowable unused

North Dakota income tax return.

attributable to the cost of the geothermal

credit from a prior tax year and a credit

energy device may be included in

If the total credit (including a credit from a

for wages paid to a mobilized employee

determining the amount of the credit.

North Dakota Schedule K-1) ﬁ rst allowed

from a North Dakota Schedule K-1. If the

on the 2012 tax year’s return exceeds the

• The costs of installation may not include

total credit (including a credit from a North

tax for the year, the unused credit may

the costs of redesigning, remodeling,

Dakota Schedule K-1) ﬁ rst allowed on the

be carried over to subsequent tax years’

or otherwise altering the structure of a

2012 tax year’s return exceeds the tax for

returns for up to 5 years.

building in which the geothermal energy

the year, the unused credit may be carried

device is installed.

over to subsequent tax years’ returns for up

Line 13a. Enter the allowable credit on

to 5 years.

this line. Include on this line an allowable

The credit is equal to 3% of the actual

unused credit from a prior tax year and a

costs of acquisition and installation of the

workforce recruitment credit from a North

device, and is allowed in each of 5 tax

Line 16 - “Partnership plan” long-

Dakota Schedule K-1.

years starting with the tax year in which

term care insurance credit

the installation of the device is completed.

You are allowed a tax credit for premiums

Line 13b. Enter the number of eligible

you pay for a “partnership plan” long-term

employees whose ﬁ rst 12 months of

If the total credit (including a credit from a

care insurance policy that covers you or

employment ended within the 2011 tax

North Dakota Schedule K-1) ﬁ rst allowed

your spouse. To qualify, you must be a

year. Disregard this line if the credit is

on the 2012 tax year’s return exceeds the

North Dakota resident at the time you pay

from a North Dakota Schedule K-1.

tax for the year, the unused credit may

the premiums.

be carried over to subsequent tax years’

Line 13c. For the eligible employees

returns for up to 10 years.

included on line 13b, enter the total

compensation paid during the ﬁ rst 12

consecutive months of employment.

Disregard this line if the credit is from a

North Dakota Schedule K-1.

Schedule Nd-1tc - Tax Credits - 2012 Page 5

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