Form It-540b Web - Louisiana Nonresident And Part-Year Resident - 2014 Page 11

Download a blank fillable Form It-540b Web - Louisiana Nonresident And Part-Year Resident - 2014 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form It-540b Web - Louisiana Nonresident And Part-Year Resident - 2014 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

ATTACH TO rETUrN IF COMPLETEd.

2014 Louisiana refundable School readiness Credit Worksheet

(For use with Form IT-540B)

Your name

Social Security Number

R.S. 47:6104 provides a School Readiness Credit in addition to the credit for child care expenses as provided under R.S. 47:297.4. To qualify for this

credit, the taxpayer must have Federal Adjusted Gross Income $25,000 or less and must have incurred child care expenses for a qualified dependent

who attended a child care facility that is participating in the quality Start Rating program administered by the Louisiana Department of Children and Family

Services. The qualifying child care facility must have provided the taxpayer with Form R-10614 which verifies the facility’s name, the state license number,

the LA Revenue Account number, the quality Star Rating, and the rating award date.

Complete this worksheet only if you claimed a Louisiana refundable Child Care Credit on Form IT 540B, Line 20.

Enter the amount of 2014 Louisiana Refundable Child Care Credit found on

the Louisiana Refundable Child Care Credit Worksheet, page 25, Line 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Using the quality Star Rating of the child care facility that your qualified dependent attended during 2014, shown on Form R-10614, determine the

applicable percentage for the School Readiness Credit from the chart shown below:

Quality rating

Percentages for Star rating

Five Star

200% (2.0)

Four Star

150% (1.5)

Three Star

100% (1.0)

Two Star

50% (.50)

One Star

0% (.00)

Enter the number of your qualified dependents under age six who attended a:

Five Star Facility

________

and multiply the number by 2.0 . . . . . . . . . . . . . . . . . (i) __________ . ______

Four Star Facility

________

and multiply the number by 1.5 . . . . . . . . . . . . . . . . . (ii) __________ . ______

Three Star Facility

________

and multiply the number by 1.0 . . . . . . . . . . . . . . . . . (iii) __________ . ______

Two Star Facility

________

and multiply the number by .50 . . . . . . . . . . . . . . . . (iv) __________ . ______

Add lines (i) through (iv) and enter the result here. Be sure to include the decimal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 __________ . ______

Multiply Line 1 by the number on Line 3. If the number results in a decimal, round to the nearest dollar

and enter the result here and on Form IT-540B, Line 21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 ______________ .

On Form IT-540B, Line 21 enter in the boxes designated for 5, 4, 3, or 2 the number of your qualified

dependents as shown on Line 2 above for the associated Star rated facility.

61566

WEB