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Form Rev 40 2417 - Commute Trip Reduction Credit Annual Application Form - Department Of Revenue Page 2

Instructions for Completing

Commute Trip Reduction Credit Annual Application

How do I use this form?

What if the cap is met?

Use black ink and return the original form to the

When the statewide cap is met, the CTR credit

applied for will be reduced proportionally.

Department of Revenue by January 31, 2007.

Any unused credit approved for this fiscal year

could be carried forward and used in subsequent

Section I.

years until June 30, 2013.

Calculation of Commute Trip Reduction (CTR) Credit

Indicate the number of employees for which

What happens to my deferred credits?

incentives were paid from January 1, 2006

through December 31, 2006.

You apply to take your deferred credits in your

application each year.

The amount of the credit is 50 percent of the

amount paid to or on behalf of each employee for

If the statewide cap is met, the deferred credits

ride sharing, car sharing, using public

will be reduced proportionately along with this

transportation, or using non-motorized

year's credits.

commuting. The maximum amount paid is $120

per employee, credit may not exceed $60 per

Deferred credit expires in three years.

employee per fiscal year.

2004 credit expires on June 30, 2007 and

2005 credit expires on June 30, 2008.

Maximum is $200,000 per employer or property

manager.

Mail application to:

Section II.

Taxpayer Account Administration

Deferred Credit

Department of Revenue

PO Box 47476

Enter the amount of deferred credit you have as

Olympia, WA 98504-7476

of December 1, 2006 from 2004 and/or 2005

certificates, not previously submitted in January

2006.

Need Help?

Enter the amount of deferred credit you wish to

Internet Assistance - Go to DOR's home page at

use this fiscal year from 2004 and/or 2005

certificates.

Telephone Assistance - Call the Department of

If you wish to not use the entire deferred credit,

Revenue at (360) 902-7175.

indicate the remaining deferred amount.

Indicate the certificate number(s) for each fiscal

year.

Section III.

Total Available Commute Trip Reduction Credit

Enter the lesser of lines 2 or 3. This will give the

possible CTR credit amount for this fiscal year.

Add line 5 and line 8. This will give the total

deferred credit and CTR credit applied for this

fiscal year.

REV 40 2417

(12/27/06)

Form Rev 40 2417 - Commute Trip Reduction Credit Annual Application Form - Department Of Revenue Page 2

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