Form Nyc-114.12 - Claim For Beer Production Credit - 2017
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2- 114.12
CLAIM FOR BEER PRODUCTION CREDIT
2017
TM
ATTACH TO FORM NYC-204, NYC-202 OR NYC-202EIN
Department of Finance
T H I S C R E D I T I S O N LY AVA I L A B L E TO T H O S E P R O D U C I N G B E E R ,
NOT OTHER ALCOHOLIC BEVERAGES.
For CALENDAR YEAR 2017 or FISCAL YEAR beginning
2017 and ending
Name as shown on NYC-204, NYC-202 or NYC-202EIN:
Employer Identification Number:
OR
Social Security Number:
NYC form filed (check appropriate box):
Partnership
Sole Proprietorship
Estate or Trust
Federal Business Code:
n
NYC-204
n
NYC-202
n
NYC-202EIN
SCHEDULE A - ELIGIBILITY
YES
NO
A. Are you claiming this credit as an unincorporated business that earned the credit (not as a partner in a partnership)?
n
n
If YES, proceed to line B.
If NO, STOP. You do not qualify for this credit for this tax year.
B. Are you registered as a distributor under Tax Law Article 18?
n
YES
n
NO
If YES, enter the name, the EIN, and the State Liquor Authority (SLA) license number of the registered distributor below and proceed to line C.
If NO, STOP. You do not qualify for this credit for this tax year.
Name of Registered Distributor
EIN or SSN of Registered Distributor
SLA License Number of Registered Distributor
C. For the tax year, did you produce 60 million gallons or less of beer in New York State? (See Eligibility in the instructions).
n
YES
n
NO
If YES, complete Schedules B and C.
If NO, STOP. You do not qualify for this credit for this tax year.
SCHEDULE B - COMPUTATION OF CREDIT FOR BEER PRODUCED IN NEW YORK CITY IN THIS TAX YEAR
(See Instructions)
A - Beer production facility's physical address
B - Total gallons of beer
Total from additional sheet(s)...........................................................................................................................................................
1.
Add column B amounts ...........................................................................................................................................................1.
2.
Enter the lesser of line 1 or 500,000........................................................................................................................................2.
3.
Subtract 500,000 from line 1 (if less than zero, enter zero).....................................................................................................3.
4.
Enter the lesser of line 3 or 15,000,000...................................................................................................................................4.
5.
Credit for the first 500,000 gallons (multiply line 2 by 0.12: see instructions)..........................................................................5.
6.
Credit for the remainder of the beer produced up to additional 15,000,000 gallons (multiply line 4 by .0386)........................6.
7.
Total credit for beer produced in New York City (add lines 5 and 6)........................................................................................7.
SCHEDULE C - COMPUTATION OF TAX CREDIT USED, REFUNDED OR CREDITED AS AN OVERPAYMENT TO THE NEXT YEAR
(See Instr.)
8.
Tax due before credits .............................................................................................................................................................8.
9.
Tax credits claimed before this credit ......................................................................................................................................9.
10. Subtract line 9 from line 8......................................................................................................................................................10.
11. Enter the lesser of line 7 or line 10 (not less than 0) ............................................................................................................11.
12. Amount of unused credit to be refunded or credited (line 7 less line 11)...............................................................................12.
13. Add lines 11 and 12. Enter here and on Form NYC-204, Schedule A, line 22e, Form NYC-202, Schedule A, line 20e or
Form NYC-202EIN, Schedule A, line 20e..............................................................................................................................13.
61611791
NYC - 114.12 - 2017 - Rev. 12.14.2017
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