Form CT 602 CT602 2008
User Manual: CT602
Open the PDF directly: View PDF 
.
Page Count: 2
| Download | |
| Open PDF In Browser | View PDF |
Staple forms here CT-602 New York State Department of Taxation and Finance Claim for EZ Capital Tax Credit Tax Law — Articles 9-A, 32, and 33 Attach a copy of Empire State Development Corporation Form Z10, Eligibility to Apply for a Zone Capital Tax Credit. All filers must enter tax period: beginning Name ending Employer identification number (EIN) (as shown on the front page of your tax return) File with corporation franchise tax return Form CT-3, CT-3-A, CT-3-S, CT-32, CT-32-A, CT-32-S, CT-33, CT-33-A, or CT-33-NL. See Form CT-602-I, Instructions for Form CT-602. Schedule A — Investments in certified EZ businesses (see instructions) A Name of certified EZ business B Location of zone C Amount of investment Total from additional sheet(s) attached.............................................................................................................. 1 Total qualified investments in EZ businesses (add column c amounts) ................................................. 1. 2 Credit rate 25%.................................................................................................................................... 2. 3a EZ capital tax credit (multiply line 1 by line 2) ........................................................................................ 3a. 3b Credit from partnership(s) from investments in EZ businesses (see instructions)................................ 3b. 4 Total credit from investments (add lines 3a and 3b; S corporations: see instructions).................................. 4. .25 Schedule B — Monetary contributions to EZ community development projects (see instructions) A Name of community development project B Location of zone C Amount of monetary contributions Total from additional sheet(s) attached.............................................................................................................. 5 Total amount of contributions to EZ community development projects (add column c amounts) . ......... 5. 6 Credit rate 25%.................................................................................................................................... 6. 7a EZ capital tax credit (multiply line 5 by line 6) ........................................................................................ 7a. 7b Credit from partnership(s) from contributions to EZ community development projects (see instructions).. 7b. 8 Total credit from monetary contributions (add lines 7a and 7b; S corporations: see instructions)................. 8. .25 Schedule C — Limitations of EZ capital tax credit (New York S corporations do not complete Schedule C) Part 1 – Fifty percent limitation 9 Tax from Form CT-3, line 78; Form CT-3-A, line 77; Form CT-32, line 5; Form CT-32-A, line 5; Form CT-33, lesser of line 9a or line 10; Form CT-33-A, lesser of line 10 or line 14; or Form CT-33-NL, line 5 ........... 9. 10 Enter 50% (.5) of line 9 ..................................................................................................................... 10. Part 2 – Lifetime limitation B A C Investment in Total Monetary contributions EZ to community development (column A + column B) business projects 11 Limitations per sections 210.20(a), 1456(d)(1), and 1511(h)(1)............................................ 12 EZ capital tax credit previously allowed, less any previous recapture (see instructions) ........................ 13 EZ capital tax credit still allowable (subtract line 12 from line 11; see instructions) . ................................. 14 EZ capital tax credit allowable this year (see instructions) 46201080094 100,000 100,000 200,000 Page 2 of 2 CT-602 (2008) Part 3 – Tax on minimum taxable income/fixed dollar minimum limitation 15 Tax from Form CT-3, line 78; Form CT-3-A, line 77; Form CT-32, line 5; Form CT-32-A, line 5; Form CT-33, line 9a; Form CT-33-A, line 10; or Form CT-33-NL, line 5 . .......................................... 16 Credits claimed before the EZ capital tax credit (see instructions) ....................................................... 17 Balance of tax (subtract line 16 from line 15) . .......................................................................................... 18 Tax on minimum taxable income or fixed dollar minimum (Form CT-3, line 81; Form CT-3-A, line 80; Form CT-32, line 4; Form CT-32-A, line 4; Form CT-33, line 4; Form CT-33-A, line 4; or Form CT-33-NL, line 4)...................................................................................................................... 19 Credit limitation (subtract line 18 from line 17) . ...................................................................................... 15. 16. 17. 18. 19. Schedule D – Computation of EZ capital tax credit and carryover (New York S corporations do not complete Schedule D) 20 21 22 23 24 25 26 EZ capital tax credit allowable this year (from line 14, column C) . ........................................................ Unused EZ capital tax credit from previous periods beginning on or after January 1, 1994.............. Total (add lines 20 and 21) .................................................................................................................... EZ capital tax credit recapture from line 27 . ..................................................................................... Net EZ capital tax credit available this year (see instructions) . ............................................................ EZ capital tax credit used this year (see instructions) .......................................................................... EZ capital tax credit available for carryforward (see instructions) ......................................................... 20. 21. 22. 23. 24. 25. 26. Schedule E – Recapture of EZ capital tax credit A Tax period EZ capital tax credit originally allowed B Amount of EZ capital tax credit originally allowed C Recapture percent D Recaptured credit (see instructions) (column B × column C) Column D total from additional sheets(s) attached............................................................................................ 27 Total recaptured EZ capital tax credit (add column D amounts; enter here and on line 23; New York S corporations and corporate partners, see instructions) .......................................................... 27. 46202080094
Source Exif Data:
File Type : PDF File Type Extension : pdf MIME Type : application/pdf PDF Version : 1.6 Linearized : No Create Date : 2006:12:05 15:05:27-05:00 Keywords : "Claim, EZ, Capital Tax, Credit" Modify Date : 2017:04:28 09:28:45-04:00 Has XFA : No Language : en XMP Toolkit : Adobe XMP Core 5.6-c015 84.159810, 2016/09/10-02:41:30 Metadata Date : 2017:04:28 09:28:45-04:00 Creator Tool : Adobe InDesign CS2 (4.0.4) Thumbnail Format : JPEG Thumbnail Width : 256 Thumbnail Height : 256 Thumbnail Image : (Binary data 10943 bytes, use -b option to extract) Instance ID : uuid:dcceb4bc-2bf2-44ef-b3d6-d7c5666815e1 Document ID : adobe:docid:indd:84ebde22-2bab-11db-b7ca-a23559151a9f Rendition Class : proof:pdf Derived From Instance ID : e9975eb0-ce27-11da-83ac-c6b083a83461 Derived From Document ID : adobe:docid:indd:6edd7b02-0db7-11da-9a6b-fdce0b34d9a4 Manifest Link Form : ReferenceStream Manifest Placed X Resolution : 300.00 Manifest Placed Y Resolution : 300.00 Manifest Placed Resolution Unit : Inches Manifest Reference Instance ID : uuid:A66796DEA211DB1196E7884D6F4959CF Manifest Reference Document ID : uuid:A56796DEA211DB1196E7884D6F4959CF Format : application/pdf Title : Form CT-602:2008: Claim for EZ Capital Tax Credit, ct602 Creator : Subject : Claim,EZ,,Capital Tax,Credit Producer : Adobe PDF Library 7.0 Trapped : False Page Count : 2EXIF Metadata provided by EXIF.tools