Form It-611 - Claim For Brownfield Redevelopment Tax Credit - 2012 Page 4
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4Page 4 of 4 IT-611 (2012)
Schedule E – Computation of credit
Individuals
26 Enter the amount from line 25 ................................................ 26
.
00
27a Enter the amount from Schedule D, Fiduciary line , column C .. 27a
.
00
Fiduciaries
27b Enter the amount from Schedule D, Fiduciary line , column D .. 27b
.
00
27c Enter the amount from Schedule D, Fiduciary line, column E .. 27c
.
00
28 Total brownfield redevelopment tax credit
.............................. 28
(add lines 26 through 27c; see instructions)
.
00
Schedule F – Recapture of credit
(see instructions)
Tangible property that ceases to be in qualified use
A
B
C
D
E
F
G
H
Description of property
Date property Date property
Life
Unused
Percentage
Tangible property
Recaptured tangible
(months)
(E ÷ D)
was placed in ceased to qualify
life
credit component
property credit
(mm-dd-yyyy)
(months)
service
previously allowed
component
(mm-dd-yyyy)
(F × G)
.
.
00
00
.
.
00
00
.
.
00
00
29 Total of column H amounts from additional list(s), if any ............................................................ 29
.
00
30 Total recapture of credit for tangible property credit component
................................................................. 30
(add column H amounts; include any amount on line 29)
.
00
Recapture if CoC is revoked
31 Net tangible property credit component previously allowed ....................................................... 31
.
00
32 Site preparation credit component previously allowed ............................................................... 32
.
00
33 On-site groundwater remediation credit component previously allowed .................................... 33
.
00
34 Total recapture of brownfield redevelopment tax credit
......................... 34
(add lines 30 through 33)
.
00
Individuals and partnerships: Enter the line 34 amount on line 35.
Fiduciaries: Include the line 34 amount on the Total line of Schedule D, column F.
Schedule G – Summary of recapture of credit
(see instructions)
35 Individual’s and partnership’s recapture of credit
.................................................... 35
(from line 34)
.
00
36 Beneficiary’s share of recapture of credit .................................................................................... 36
.
00
37 Partner’s share of recapture of credit .......................................................................................... 37
.
00
38 S corporation shareholder’s share of recapture of credit ............................................................ 38
.
00
39 Fiduciaries: enter your share of amount from Schedule D, Fiduciary line, column F .................. 39
.
00
40 Total
........................................................................................................ 40
(add lines 35 through 39)
.
00
Individuals: Enter the line 40 amount and code 171 on Form IT-201-ATT, line 20, or Form IT-203-ATT, line 19.
Fiduciaries: Include the line 40 amount on Form IT-205, line 12.
Partnerships: Enter the line 40 amount and code 171 on Form IT-204, line 148.
171004120094
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