Form Nc-478j - Tax Credit - Creating New Jobs - 2014
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1
2NC-478J
2014 Tax Credit
Web
Creating New Jobs
9-14
North Carolina Department of Revenue
Legal Name (First 10 Characters)
SSN or FEIN
Part 1.
Computation of Credit for Jobs Created in 2013
(The credit for creating new jobs is repealed effective for business
activities that occur on or after January 1, 2014. Taxpayers may continue to take the remaining installments and carryforwards
of prior years’ credits by completing Parts 2 and 3.)
1.
County where new jobs were created
,
2.
Average number of full-time employees in NC during 2013
,
3.
Average number of full-time employees in NC during 2012
,
4.
Maximum number of new jobs in NC eligible for credit in 2013
Line 2 minus Line 3; if zero or less, stop here; you are not eligible for credit
,
5.
Number of new jobs included in Line 4 located in this county but NOT in an agrarian
growth zone, urban progress zone, or port enhancement zone
6.
Tier threshold for county (
Enter amount for applicable Tier)
Tier 1
Tier 2
Tier 3
5
10
15
7.
Compare the number of jobs on Line 5 with the amount on Line 6. If the number of jobs on
,
Line 5 is less than the amount on Line 6, skip Lines 7 and 8 and go to Line 9. If the number
of jobs on Line 5 is greater than or equal to Line 6, enter the number of jobs from Line 5.
8.
Credit amount for each new job created in this county NOT located in an agrarian
growth zone, urban progress zone, or port enhancement zone (
Multiply Line 7 by credit
amount for the applicable Tier from the table below)
Tier 1
Tier 2
Tier 3
,
,
.
00
$12,500
$5,000
$750
,
9.
Number of new jobs included in Line 4 located in this county AND in an
agrarian growth zone, urban progress zone, or port enhancement zone
5
10. Tier threshold for an agrarian growth zone, urban progress zone, or port enhancement zone
11.
Compare the number of jobs on Line 9 with the amount on Line 10. If the number
of jobs on Line 9 is less than the amount on Line 10, skip Lines 11 through 15 and
,
go to Line 16. If the number of jobs on Line 9 is greater than or equal to Line 10,
enter the number of jobs from Line 9.
12.
Credit for new jobs located in an agrarian growth zone, urban progress zone, or port
enhancement zone (
Multiply Line 11 by credit amount for the applicable Tier from the table below)
Tier 1
Tier 2
Tier 3
,
,
.
00
$13,500
$6,000
$1,750
Number of new jobs included in Line 9 that are filled by residents of that
13.
,
zone or by individuals who were unemployed for at least 26 consecutive
weeks prior to being hired
,
,
.
14.
Multiply Line 13 by $2,000
00
,
,
.
15. Total credit amount for new jobs located in an agrarian growth zone, urban
00
progress zone, or port enhancement zone in 2013
(Add Line 12 and Line 14)
,
,
.
16. Total Credit for New Jobs Created in this County in 2013
00
Add Line 8 and Line 15; enter here and in the Jobs Credit History Table Part 3
,
,
.
17. Amount of each future installment
00
Divide Line 16 by the number 4 (Credit is taken in 4 installments)
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