Form Pit-Cr - New Mexico Business-Related Income Tax Credit Schedule - 2014

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*140680200*
2014 PIT-CR
NEW MEXICO BUSINESS-RELATED INCOME TAX CREDIT
SCHEDULE
Print your name (first, middle, last)
YOUR SOCIAL SECURITY NUMBER
Use this schedule to claim the business-related income tax credits listed on this form that you may take against New Mexico personal
income taxes. You may also claim the refundable part of approved film production tax credit and renewable energy production tax
credit using this schedule. On your Personal Income Tax Return (PIT-1), line 21, enter the total tax credits you claimed on line A of this
schedule to apply to tax due. On PIT-1, line 26, enter the total refundable part of the tax credits claimed on line B of this schedule. Be sure to
attach the appropriate backup documentation to support each tax credit. When claiming these credits, you must attach Schedule PIT-CR
to your PIT-1. To calculate the amount you may claim for any tax year, refer to the claim form for the credit, or if no claim form, refer to the
instructions. The sum of credits claimed on this PIT-CR and the credit for taxes paid to another state you claimed on PIT-1, line 20, may
not exceed the sum of PIT-1, lines 18 and 19. For a complete description of the credits, see the PIT-CR instructions and FYI-106,
Claiming Tax Credits for CRS Taxes and Business-Related Income.
Credit Type Code
Credit Name and required attachments
A01
Affordable housing tax credit. Attach Form RPD-41301 and voucher.
A02
Angel investment credit. Attach Form RPD-41320 and certification.
A03
Agricultural water conservation tax credit. Attach Form RPD-41319 and certification.
A04
Advanced energy tax credit. Attach Form RPD-41334.
A05
Agricultural biomass tax credit. Attach Form RPD-41361.
B01
Business facility rehabilitation credit. Attach Form PIT-5 and certification.
B02
Blended biodiesel fuel tax credit. Attach Form RPD-41340.
C01
Cancer clinical trial tax credit. Attach Form RPD-41358.
E01
Electronic card-reading equipment tax credit. Attach Form RPD-41246.
F01
Film production tax credit. Attach Form RPD-41228.
G01
Geothermal ground-coupled heat pump tax credit. Attach Form RPD-41346 and certification.
J01
Job mentorship tax credit. Attach Forms RPD-41281 and RPD-41280.
L01
Land conservation incentives credit. Attach Form RPD-41282 and approval letter.
P01
Preservation of cultural property credit. Attach Form PIT-4 and certification.
R01
Rural job tax credit. Attach Form RPD-41243.
R02
Rural health care practitioners tax credit. Attach Form RPD-41326 and certification.
R03
Renewable energy production tax credit. Attach Form RPD-41227.
S01
Solar market development tax credit. Attach Form RPD-41317 and certification.
S02
Sustainable building tax credit. Attach Form RPD-41329.
T01
Technology jobs (additional) tax credit. Attach Form RPD-41244.
V01
Veteran employment tax credit. Attach Form RPD-41372.
Credit Type
Amount of
Credit Approval
Amount Claimed
Applied To Tax Due
Credit To Refund
Code
Number
1.
2.
3.
4.
5.
A.
TOTAL Applied .......................................................
Enter this amount on PIT-1, line 21. If you are
claiming more than 5 credits, include the amounts
from your PIT-CR Supplemental schedule.
Refundable part of film production tax credit (credit type code F01) and
B.
renewable energy production tax credit (credit type code R03)............................
Enter this amount on PIT-1, line 26. If you are claiming more than 5 credits, include
all refundable amounts of credit types F01 and RO3 from PIT-CR Supplemental schedule.

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