Form 40 - Individual Income Tax Return - 2016 Page 11

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S HEDULE
160015DE
DEC
2 16
Alabama Department of Revenue
Career Technical Dual Enrollment Credit
NAME(S) AS SHOWN ON TAX RETURN
PRIMARY SOCIAL SECURITY NO.
SPOUSE SOCIAL SECURITY NO.
A copy of the Department of Post-Secondary Education Tax Credit must be attached to this return. If the certification is not
attached, no credit will be allowed.
1
1. Amount Contributed this year (Department of Post-Secondary Education Tax Credit Certificate) . .
2
2. Amount of Current Credit — Multiply line 1 by .50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
3. Enter Tax Due from Schedule NTC, line 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
4. Multiply line 3 by .50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
500,000 00
5
5. Maximum Credit Allowable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
6. Enter the lesser of line 2 or line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
Go To Schedule NTC
7. Amount of Current Credit – Pro rata share of credit from Schedule K-1 . . . . . . . . . . . . . . . . . . . . . . . . .
FEIN of entity ________________________________ .
8
8. Current Credit Available. Line 6 or pro rata share of credit line 7, if applicable. . . . . . . . . . . . . . . . . .
9. Current Credit Allowable. Enter the lessor of line 4 or line 8.
9
Enter this amount on Schedule NTC, line 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
10. Amount of Credit Carryforward*. Subtract line 9 from line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
*Unused Career Technical Dual Enrollment credit may be carried forward for a maximum of three years.

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