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Form D-407TC Estates and Trusts Tax Credit Summary - web fill-in
(all forms fillable on Windows, Mac, Android tablets, and iPad using Adobe Reader XI)
(Add Lines 1 through 7) (Also complete Part 4 Line 13 only in the first year the credit is taken) 002 (Also complete Part 4 Line 14 only in the first year the credit is taken) 003 (Also complete Part 4 Line 15) 004 (Also complete Part 4 Line 16 only in the first year the credit is taken) 005 (Enter the amount here and on Form D 407 Line 9) (From Form D 407 Page 1 Line 8) (From Form NC 478 Part 3 Line 45) (From Part 5 Section B Line 7) 001 00 13 00 15 1 Credit for Tax Paid to Another State or Country 10 14 10 Enter the Lesser of Line 8 or Line 9 10 00 11 Total Tax Credits Subject to 50% Limit Taken in Current Period 11 00 12 12 00 14 0014 16 0016 2 Fiduciary s share of total gross income (See instructions) 2 Rehabilitating an Income Producing Historic Structure 2014 Estates and Trusts Tax Credit Summary 3 Percentage of income taxed in another state or country (Divide Line 1 by Line 2) 3 Rehabilitating a Nonincome Producing Historic Structure 4 Amount of North Carolina tax (From Form D 407 Page 1 Line 8) 4 Rehabilitating an Income Producing Historic Mill Facility 5 Computed tax credit (Mulitply Line 3 by Line 4) 5 Rehabilitating a Nonincome Producing Historic Mill Facility 6 Fiduciary s share of tax paid to another state or country (From Fiduciary Column Line 4 above 6 Qualified Business Investments 006 7 Enter the lesser of Line 5 or Line 6 here and on Part 1 Line 1 7 Tax Credits Carried Over From Previous Year if any Do Not 8 00 8 9 009 A Apportionment of Income and Tax Paid to Another State or Country (See instructions) Add Lines 10 and 11 Amount of Income Tax Another State or Country Attach copy of return and proof of payment) Attach other pages B Computation of Tax Credit for Tax Paid to Another State or Country D 407TC D 407TC Enter the amount of qualified rehabilitation expenditures for which the Enter the amount of rehabilitation expenses for which the Fiduciary Beneficiary 1 Beneficiary 2 Beneficiary 3 Fiduciary s share of gross income taxed in another state or country (From Fiduciary Column Line 3 above)1 File this form with Form D 407 Estates and Trusts Income Tax Return if any tax credits are to be allocated to the Fiduciary Do not attach the form if Identifying Number 1 if needed Include Any Carryover of Tax Credits Claimed on Form NC 478 007 income producing credit on Line 2 is taken income producing credit on Line 4 is taken Legal Name (First 10 Characters) Federal Employer ID Number Legal Name (First 10 Characters) Federal Employer ID Number Page 2 Line 4 above is claimed in the year the eligible site is placed into service ) Name2 no tax credits are claimed See Form D 407A Instructions for Estates and Trusts Income Tax Return for additional information on tax credits allowed nonincome producing credit on Line 3 is taken nonincome producing credit on Line 5 is taken North Carolina Department of Revenue on which Tax was Paid to Page 2 Part 2 Tax Credits Subject to 50% of Tax Limit Part 3 Total Credits Applied to Current Year Part 4 Expenses Incurred for Which the First Installment of a Historic Rehabilitation Tax Credit is Taken in 2014(Complete Lines 13 14 15 and 16 only if a tax credit on Part 1 Line 2 3 4 or 5 is claimed Exception: The entire credit claimed for Part 5 Tax Paid to Another State or Country Share of Gross Income Share of Tax Paid to Tax Credits Not Subject to 50% of Tax Limit (Attach schedule for each credit)Part 1 to estates and trusts Enter on the lines below only the portion of any tax credit allocated to the fiduciary Total Tax Credits