Form Edip - Refundable Economic Development Incentive Program Credit - 2013

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2013
Form EDIP
Massachusetts
Refundable Economic Development
Department of
Incentive Program Credit
Revenue
Under the provisions of the Economic Development Incentive Program (EDIP) established pursuant to M.G.L. Ch. 23A, the Economic Assistance Coordi -
nation Council (EACC) may authorize taxpayers participating in certified projects to claim tax credits under M.G.L. Ch. 62 § 6(g) and M.G.L. Ch. 63 § 38N.
Taxpayers authorized by the EACC to claim tax credits for projects certified on or after January 1, 2010 must use this schedule to claim such credits. Tax-
payers seeking to claim credits for projects certified prior to January 1, 2010 must use Schedule EOAC. See TIR 10-01 for further information.
For calendar year 2013 or taxable year beginning
and ending
Taxpayer name
Federal Identification or Social Security number
Mailing address
City/Town
State
Zip
Designated EDIP representative
Telephone
E-mail address
Name of controlling business identified on credit certificate
Federal Identification or Social Security number
Project type
Certificate number
CEP 
CEEP 
CMR
Part 1.
redit Generated in the
urrent Year.
Business entities participating in certified projects must complete lines 1
through 7. Partners and shareholders being allocated a share of credits generated by a partnership or S corporation on Schedule K-1 or SK-1,
enter”0” on lines 1 through 5 and enter the distributive share of credits on line 6. Enter the name of the business entity and the credit certificate
1 Cost basis of qualified assets placed in service in the certified project during the current year . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
number in the identification section above.
2 Credit rate authorized by the EACC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Tentative credit for qualified assets. Multiply line1 by line 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Limit on authorized credit in EACC award. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 EDIPC for assets placed in service in the current year. Enter the smaller of line 3 or line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 EDIPC being passed through to partners or shareholders on Schedule K-1 or SK-1. Corporations and partnerships, enter the
total amount being passed through to partners or shareholders as a negative number. Partners and shareholders, enter your
distributive share of credit from Schedule K-1 or SK-1 as a positive number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 EDIPC from the current year available to this taxpayer. Combine lines 5 and 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Part 2. Use of
redit
1 Total EDIP credit not previously taken or refunded . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Limit on credit that may be taken or refunded in the current year as authorized by EACC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Credit taken against tax. Do not enter more than the smaller of line 1 or line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Unused credit. Subtract line 3 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 EACC refund authorization limit. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 EDIPC to be refunded. Do not enter more than the smaller of Part 2, line 4 or line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 EDIPC available for carryover. This amount may be limited by the EACC. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
I declare under the pains and penalties of perjury that to the best of my knowledge, the information contained herein is accurate and complete.
Signature
Date

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