Form Nyc - 9.8 - Claim For Lower Manhattan Relocation Employment Assistance Program (Lmreap) Credit Applied To Business, General And Banking Corporations Taxes

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- 9.8
CLAIM FOR LOWER MANHATTAN RELOCATION EMPLOYMENT
ASSISTANCE PROGRAM (LMREAP) CREDIT APPLIED TO
TM
BUSINESS, GENERAL AND BANKING CORPORATIONS TAXES
Department of Finance
attaCH to forM nYC-2, nYC-2a, nYC-3l, nYC-3a, nYC-1 or nYC-1a
uSe FoRm NYC-9.5 iF You ARe FiLiNG A CLAim FoR A ReAp CRediT. uSe FoRm NYC-9.6 iF You ARe FiLiNG A CLAim FoR
eiTheR A ReAL eSTATe TAX eSCALATioN CRediT oR AN empLoYmeNT oppoRTuNiTY ReLoCATioN CoSTS CRediT.
t print or Type
Name as shown on NYC-2, NYC-2A, NYC-3L, NYC-3A, NYC-1 or NYC-1A:
empLoYeR ideNTiFiCATioN NumbeR
Type of business:
n
n
n
CommeRCiAL
iNduSTRiAL
ReTAiL
(check one)
FedeRAL buSiNeSS Code
Corporation tax year for
which claim is made
date ended:
_______________________________
____________________
.
moNTh
YeAR
Form NYC-9.8 must be attached to and submitted with Business Corporation Tax Return (Form NYC-2) Combined Business Corporation Tax Return (Form
NYC-2A), General Corporation Tax Return (Form NYC-3L), Combined General Corporation Tax Return (Form NYC-3A), Banking Corporation Tax Return
(Form NYC-1) or Combined Banking Corporation Tax return (Form NYC-1A) in order to claim the LMREAP credit.
lower Manhattan relocation and employment assistance program (lMreap) Credit
if credit is refundable, complete lines 1 and 11 and skip lines 2 through 10.
s
if credit is non-refundable, skip line 1 and complete lines 2 through 11.
refundable Credit applied against general Corporation tax or banking Corporation tax
1. CompuTATioN oF ReFuNdAbLe CRediT
Number of eligible aggregate employment shares: _______________ X $3,000.
1.
..........................................................
if you have carryover credits from preceding years, complete the carryover schedule below regardless of whether you will carry over credits to the current year.
s
enter in column b (the applied column) the amount applied to each carryover year until the total applied agrees with the amount on line 6.
There is no non-refundable credit until the fifth taxable year after the year of the relocation.
nonrefundable Credit applied against general Corporation tax, business Corporation tax or banking Corporation tax - see instr.
2. Current year’s tax less the ubT paid Credit and the ReAp Credit (see instructions)
2.
.......................................................
3. Computation of current year’s credit:
3.
(number of eligible aggregate employment shares: _______________ X $3,000
................................................................................
4. if line 3 is greater than line 2, enter the difference and skip lines 5 through 8.
Transfer amount on line 2 to line 10
4.
......................................................................................................................................................
5. if line 3 is less than line 2, enter the difference. Complete carryover schedule below
5.
...................................................
6. Total carryover credits from prior taxable years (line 9f, column A below)
6.
..........................................................................
7. Amount of carryover credit that may be carried over to the current year.
enter lesser of line 5 or line 6
7.
...................................................................................................................................................................
8. Total allowable credit for current year. Sum of the current year credit plus
the applicable carryover from prior years. Add lines 3 and 7. Go to line 10
8.
......................................................................
ColuMn C
lMreap carryover schedule
ColuMn b
ColuMn a
A
C
N
Y
C
C
Y
You may not carry over the 5th
ARRYOVER TO
EXT
EAR
ppLied
ARRYOVER TO
URRENT
EAR
preceding year’s credit to next year.
(column A minus column B)
(unused credit)
9a. Carryover from 5th preceding year
9a.
...
9b. Carryover from 4th preceding year
9b.
...
9c. Carryover from 3rd preceding year
9c.
...
9d. Carryover from 2nd preceding year
9d.
..
9e. Carryover from 1st preceding year
9e.
....
9f. Total
9f.
.................................................................
10. Allowable nonrefundable LmReAp credit for current year (amount from line 2 or line 8, whichever is less)
10.
...........
Credit
11. Line 1 or line 10. Transfer amount to Form NYC-2, Sch. A, line 9; Form NYC-2A, Sch. A, line 11; Form NYC-3L,
Sch. A, line 9b; Form NYC-3A, Sch. A, line 11b; Form NYC-1, Sch. A, line 8b or Form NYC-1A, Sch. A, line 10b ........11
00811791
NYC - 9.8 2017

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