Investing in Machinery and Equipment
1/7th of 2005 credit amount
1/7th of 2006 credit amount
1/7th of 2007 credit amount
11 12
2012 Tax Credit
5th Installment of 2007 Credit
6th Installment of 2006 Credit
7th Installment of 2005 Credit
Add Lines 1 4; enter here and on Form NC 478
Carryforwards
Carryforwards Taken
Carryforwards to
Computation of Amount To Be Taken in 2012
Computation of Credit Amount for Investing in M&E
Credit Amount
Credit Amount to Take in Tax Year 2012
Expired Installments
Franchise
Franchise
Franchise
Franchise
Income
Income
Income
Income
Installments
Legal Name (First 10 Characters)
M & E Credit History Table
NAICS Code of Primary Business
NC 478B
North Carolina Department of Revenue
Part 1
Part 1 Line 2
Part 2
Part 3
Portion of installments not taken for
SSN or FEIN
Take in Future
Taken in 2006
Taken in 2007
Taken in 2008
Taken in 2008
Taken in 2009
Taken in 2009
Taken in 2010
Taken in 2010
Taken in 2011
Taken in 2011
Taken in 2012
Taken in 2012
Taken in 2013
Taken in 2014
Tax Year
tax years 2000 2007
The credit for investing in M&E expired for M&E placed in service on or after January 1 2007 Taxpayers may continue to take the remaining installments and carryforwards of prior years credits by completing Parts 2 and 3