Form 105 - Colorado Fiduciary Income Tax Return

FoRm 105 sChEDulEs

Schedule G — Fiduciary crediT schedule

1. Credit for income tax paid to the state of ______________________________________

Compute a separate credit for each state. Attach a copy of the tax return filed with the other state.

(a) Total tax from line 10, page 1, Form 105 ................................................................... 1(a)

(b) modified federal taxable income from sources in the other state .............................. 1(b)

(d) Amount on line 1(b) divided by amount on line 1(c) .................................................. 1(d)

(e) Amount on line 1(a) multiplied by percentage on line 1(d) ........................................ 1(e)

(f) Tax liability to other state .............................................................................................1(f)

(g) Allowable credit the smaller of lines 1(e) or line 1(f) .................................................. 1(g)

2. Dual Resident Trust Credit for the state of _________________________________

Attach a copy of the tax return filed with the other state.

(a) Colorado tax on income subject to tax in both states ................................................. 2(a)

(b) other state’s effective tax rate .................................................................................... 2(b)

(d) Percentage of credit, line 2(b) divided by line 2(c) ..................................................... 2(d)

(e) Total credit, line 2(a) multiplied by percentage on line 2(d) ........................................ 2(e)

3. Credit for prior year alternative minimum tax. See instructions ........................................... 3

4. Enterprise zone credits: Attach a copy of certification if required.

(a) Enterprise zone investment tax credit ........................................................................ 4(a)

(b) Enterprise zone new business facility employee credit .............................................. 4(b)

(d) Enterprise zone administrator contribution credits ..................................................... 4(d)

(e) other enterprise zone credits, attach computation ..................................................... 4(e)

5. other credits, explain: ____________________________________________ ............... 5

6. Nonrefundable alternative fuel vehicle credit carried forward from prior year .................... 6

7. Total credits. Add lines 1(g), 2(e), 3, 4(a) through 4(f), 5 and 6.

Enter here and on line 11, Form 105 .................................................................................. 7

8. Gross conservation easement credit. Attach a copy of form DR 1305.

Enter here and on line 12, Form 105 ................................................................................. 8

9. Enterprise zone commercial vehicle investment credit. Enter here and on line 13, Form 105 ... 9

10. Refundable 2011 alternative fuel vehicle credit. Enter here and on line 19, Form 105 .. 10

CREDITS TO BE CARRIED FORWARD TO 2012:

lImITATIoN: most credits reported on this schedule G are nonrefundable. Consequently, the total credits utilized from

this schedule may not exceed the total tax reported on line 10 of your income tax return, Form 105. Enter on lines 1(a)

through 8 only the amount(s) of the credit(s) to be applied against your 2011 liability. most unused 2011 credits can be

carried forward to tax year 2012. If the total credits available exceed the total tax due for 2011, list the credit type(s) and

excess amount(s) above under “Credits to be Carried Forward to 2012.”

Form 105 - Colorado Fiduciary Income Tax Return - 2011 Page 10