Form 58 - Partnership Income Tax - 2013 (Page 8 of 35) in pdf

Line 8

Line 15

Dakota, it is allowed a credit equal to 3%

Seed capital investment tax credit

Microbusiness tax credit

of the costs of acquisition and installation.

If the partnership invested in a qualiﬁ ed

If the partnership is certiﬁ ed as a

The credit is allowed in each of ﬁ ve tax

business for purposes of the seed capital

microbusiness by the North Dakota

years, starting with the tax year in which

investment tax credit, multiply the total

Commerce Department, it is allowed a tax

the installation is completed. For more

amount invested during the 2013 tax year by

credit equal to 20% of the eligible cost of new

information, see N.D.C.C. § 57-38-01.8.

45% and enter the result on this line.

property and employment. For details, see

Attach a statement describing the device, a

N.D.C.C. § 57-38-01.27. The partnership is

detailed list of the costs of acquisition and

Line 9

allowed no more than $10,000 of tax credits

installation, and the date the device was

Ag commodity investment tax credit

for all tax years.

completely installed.

If the partnership invested in a qualiﬁ ed

Line 15a. Enter the allowable credit on this

business for purposes of the agricultural

Line 12a. Geothermal device installed

commodity processing facility investment

line.

after December 31, 2008. Enter the amount

tax credit, multiply the total amount invested

Line 15b. Enter on this line the amount of

of credit for a geothermal device installed

during the 2013 tax year by 30% and enter the

qualifying new investment in property made

after December 31, 2008.

result on this line.

during the 2013 tax year on which the credit

was based. Disregard this line if the credit is

Line 10

Line 12b. Geothermal device installed

Biodiesel or green diesel fuel

from a passthrough entity.

before January 1, 2009.

supplier tax credit

Enter the amount of credit for a geothermal

Line 15c. Enter on this line the amount

If the partnership is a licensed supplier of

device installed before January 1, 2009.

of compensation paid for qualifying new

biodiesel or green diesel fuel, it is allowed

employment during the 2013 tax year on

a credit equal to ﬁ ve cents per gallon for

Line 12c. Biomass, solar, or wind device.

which the credit was based. Disregard this

blending biodiesel or green diesel fuel having

Enter the amount of credit for a biomass,

line if the credit is from a passthrough entity.

at least a 5% blend (“B5”) that meets ASTM

solar, or wind energy device.

speciﬁ cations. The blending must be done in

Line 16a

Line 13

North Dakota. For this purpose, a “supplier”

Research expense tax credit

Certiﬁ ed ND nonproﬁ t development

means a person who distributes the biodiesel

If the partnership conducted qualiﬁ ed research

corporation investment tax credit

or green diesel fuel from a terminal in North

in North Dakota, it is allowed a tax credit

If the partnership purchased membership

Dakota. Enter the credit on this line. Attach

on qualiﬁ ed research expenses in excess of

in, paid dues to, or made a contribution to a

a statement showing the calculation of the

base period research expenses. The credit is

certiﬁ ed North Dakota nonproﬁ t development

credit.

equal to 25% of the ﬁ rst $100,000 of excess

corporation, multiply the total amount paid

qualiﬁ ed expenses plus an additional credit

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(but no more than $8,000) by 25% and enter

on excess qualiﬁ ed expenses over $100,000 at

Biodiesel or green diesel fuel seller

the result on this line. Attach a copy of the

tax credit

a credit rate that is dependent on the tax year

investment reporting form received from

in which it ﬁ rst conducted qualiﬁ ed research

If the partnership is a licensed seller of

the corporation.

in North Dakota. For details, see N.D.C.C.

biodiesel or green diesel fuel, it is allowed a

Line 14

§ 57-38-30.5. Enter the allowable credit on

credit equal to 10% of the costs to adapt or

Employer internship program tax

this line.

add equipment to its North Dakota facility to

credit

enable it to sell diesel fuel having at least a

Line 16b

If the partnership hired an eligible college

2% biodiesel or green diesel blend (“B2”) that

Purchased research expense credit

student under a qualifying internship program

meets ASTM speciﬁ cations. For this purpose,

Enter on this line a research credit that you

set up in North Dakota, it is allowed a credit

a “seller” means a person who acquires the

obtained from another taxpayer through a

equal to 10% of the compensation paid to the

fuel from a wholesale supplier or distributor

sale, assignment, or transfer. For details, see

intern. For details, see N.D.C.C. § 57-38-

for resale to a consumer at a retail location.

N.D.C.C. § 57-38-30.5.

01.24. The partnership is allowed no more

Except for costs incurred before January 1,

than $3,000 of credits for all tax years.

2005, include eligible costs incurred before

Line 17

Endowment fund tax credit

the tax year in which sales of the eligible

Line 14a. Enter the allowable credit on this

biodiesel or green diesel fuel begin. The

If the partnership made a charitable

line.

credit is allowed in each of ﬁ ve tax years,

contribution to a qualiﬁ ed endowment fund in

Line 14b. Enter the number of eligible

starting with the tax year in which sales of

North Dakota, it is allowed a tax credit equal

interns hired during the 2013 tax year.

the eligible biodiesel or green diesel fuel

to 40% of the contribution, up to a maximum

Disregard this line if the credit is from a

begin. Enter the credit on this line. Attach

credit of $10,000. For details, see N.D.C.C.

passthrough entity.

a statement showing the calculation of the

§ 57-38-01.21.

credit.

Line 14c. Enter on this line the total

Line 17a. Enter the allowable credit on this

compensation paid to eligible interns during

Line 12

line.

the 2013 tax year (as shown on their 2013

Energy device tax credits

Form W-2s). Disregard this line if the credit

If the partnership installed a qualifying

Line 17b. Enter on this line the amount

is from a passthrough entity.

geothermal, biomass, solar, or wind energy

of the contribution made to a qualiﬁ ed

device on property it owns or leases in North

endowment fund in North Dakota during the

2013 tax year on which the credit is based.

Form 58 - Partnership Income Tax - 2013 Page 8

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