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Form NC-478G Fillable Tax Credit - Investing in Renewable Energy Property - instructions
(all forms fillable on Windows, Mac, Android tablets, and iPad using Adobe Reader XI)
(From Part 2 Line 4) (This credit must be taken in 2014 ) 1 Cost of renewable energy property constructed purchased or leased 1/5th of 2010 credit amount 1/5th of 2011 credit amount 1/5th of 2012 credit amount 1/5th of 2013 credit amount 1/5th of 2014 credit amount (From Part 3 Line 9) 10 Nonbusiness Credit for 2014 11 1st Installment of 2014 Business Credit 12 2nd Installment of 2013 Business Credit 13 3rd Installment of 2012 Business Credit 14 4th Installment of 2011 Business Credit 15 5th Installment of 2010 Business Credit 16 Carryforwards 17 Credit Amount to Take in Tax Year 2014 3 Maximum credit (Enter applicable maximum) 4 Credit Amount for Investing in Nonbusiness Renewable Energy Property 8 Credit Amount for Investing in Renewable Energy PropertyServing a Business Purpose Add Lines 10 16; enter here and on Form NC 478 Part 1 Line 7 Address and County Where Energy Property is Placed in Service Amount of each installment (Credit is taken in 5 installments) and placed in service in N C in 2014 for a business purpose and placed in service in N C in 2014 for a nonbusiness purpose 00 BiofuelsCombined Heat and Power Carryforwards Taken Carryforwards to Computation of Credit Amount for Investing in Property Serving a Business Purpose in 2014(The first installment of this credit must be taken in 2014 ) Cost of renewable energy property constructed purchased or leased Credit Amount credit not taken from previous years Divide Line 8 by the number 5; enter here and on Part 4 Line 11 Enter $1 400 per dwelling for solar energy equipment for domestic water heating Enter $10 500 for each installation of any other renewable energy property Enter $2 500 000 for each installation of renewable energy property placedin service at any other location in this State Enter $3 500 per dwelling for solar energy equipment for active or passivespace heating or for combined domestic water heating and space heating Enter $5 000 000 for each installation of renewable energy property placed Enter $8 400 for each installation of geothermal equipment 00 Enter the lesser of Line 2 or Line 3 here and on Part 4 Line 10 00 Enter the lesser of Line 6 or Line 7 here and on Credit History Table in Part 5 Expired Installments Franchise Franchise Franchise GeothermalSolar electric Hydroelectric Daylighting in service at an eco industrial park Income Income Income Installments Legal Name (First 10 Characters) SSN or FEIN Maximum credit (Enter applicable maximum) Multiply Line 1 by 35 0% 00 Multiply Line 5 by 35 0%6 NC 478G 2014 Tax CreditWeb Investing in Renewable Energy Property Nonbusiness purposeBusiness purpose North Carolina Department of Revenue Page 2NC 478G Web 9 14 Name SSN or FEIN Part 1 Part 2 Computation of Credit Amount for Investing in Nonbusiness Property in 2014 Part 3 Part 4 Computation of Amount To Be Taken in 2014 Franchise Income Part 5 Renewable Energy Property for Business Purposes Credit History Table Passive solarBiomass Portion of nonbusiness credit or installments for business Purpose Served (Fill in applicable circle) Qualifying Information Solar thermal Wind Take in Future Taken in 2010 Taken in 2011 Taken in 2012 Taken in 2012 Taken in 2013 Taken in 2013 Taken in 2014 Taken in 2014 Taken in 2014 Taken in 2015 Taken in 2015 Taken in 2016 Taken in 2016 Taken in 2017 Taken in 2018 Tax Year Type of Renewable Energy Property (Fill in all applicable circles)