Form Rpd-41317 - Solar Market Development Tax Credit Claim Form (Page 2 of 3) in pdf

State of New Mexico - Taxation & Revenue Department

, Sch A

RPD-41317

Rev. 06/25/2013

SOLAR MARKET DEVELOPMENT TAX CREDIT CLAIM FORM

Schedule A

Include Schedule A with Form RPD-41317, Solar Market Development Tax Credit Claim Form, if you have unused solar

market development tax credit available for carry-forward from prior years.

Worksheet to calculate the total unused credit available for carry-forward from prior years.

(a) Tax year of previously approved credit. Enter the tax year for each solar market development tax credit approved in

a previous tax year. Attach a separate schedule if additional space is needed. Enter the four-digit tax year if the credit was

allowed in a tax year that was a full calendar year. For fiscal and short tax years, enter the beginning and ending dates of

the tax year. For example, enter 2006 if the tax year is a calendar year, or enter 07/01/2006 to 06/30/2007 if the tax year is a

fiscal year. For tax years beginning after December 31, 2016, do not include credits approved in a tax year that is more than

ten years prior to the current tax year. Unused solar market development tax credits may not be carried forward for more

than ten consecutive tax years following the tax year for which the credit was approved.

(b) Amount of credit approved. For each tax year listed in column (a), enter the total amount of credit approved for the

taxpayer during that year. Include only solar market development tax credits that have been reported on a previously filed

Form RPD-41317, Solar Market Development Tax Credit Claim Form. Report new credits on Form RPD-41317, line 2.

(c) Total credit claimed in previous tax years. For each credit amount listed in column (b), enter the total amount of credit

claimed in all tax years prior to the current tax year.

(d) Unused credit available for carry-forward from prior years. Subtract column (c) from column (b). Enter the sum of

all amounts in column (d) on line 3 of the current year claim form, RPD-41317.

A taxpayer who has both carry-forward credit and new credit derived from a certified solar thermal or photovoltaic system

during the current tax year, must first apply the carry-forward credit against the income tax liability. The new credit is applied

if the amount of tax liability exceeds the carry-forward credit amount.

(d) Unused credit available for

(b) Amount of credit

(a) Tax year of

carry-forward [(b) - (c)]

previous tax years

approved

previously approved credit

TOTAL carry-forward available

Enter the sum of column (d) on line 3 on

the first page of this form.

Form Rpd-41317 - Solar Market Development Tax Credit Claim Form Page 2