Form N-334
(REV. 2009)
Page 2
27. Enter the amount of consumer incentive premiums, costs used for other credits, and utility
27
rebate, if any, received for the qualifying system .......................................................................
28. Actual cost of wind powered energy system. (Subtract line 27 from line 26 and enter result) .
28
29 Enter 20% of line 28 or $500,000, whichever is less .................................................................................................................
29
30. Add lines 19, 25, and 29, and enter result. (but not less than zero) ..........................................................................................
30
PHOTOVOLTAIC ENERGY SYSTEM
Enter date system was installed and placed in service
____/____/____
31. Cost of qualified photovoltaic energy system installed and placed in service in Hawaii on
single-family residential property ...........................................................................................
31
32. Enter the amount of consumer incentive premiums, costs used for other credits, and utility
32
rebate, if any, received for the qualifying system .......................................................................
33. Actual cost of photovoltaic energy system. (Subtract line 32 from line 31 and enter result) ....
33
34. Enter 35% of line 33 or $5,000, whichever is less .....................................................................................................................
34
35. Per unit cost of qualified photovoltaic energy system installed and placed in service in
Hawaii on multi-family residential property ............................................................................
35
36. Enter the per unit amount of consumer incentive premiums, costs used for other credits,
36
and utility rebate, if any, received for the qualifying system ......................................................
37. Subtract line 36 from line 35 and enter result ...........................................................................
37
38. Enter 35% of line 37 or $350, whichever is less .......................................................................
38
39. Number of building units you own to which the allocated unit cost on line 38 is applicable ......
39
40. Multiply line 38 by line 39 and enter result .................................................................................................................................
40
41. Cost of qualified photovoltaic energy system installed and placed in service in Hawaii
on commercial property ...........................................................................................................
41
42. Enter the amount of consumer incentive premiums, costs used for other credits, and utility
42
rebate, if any, received for the qualifying system .......................................................................
43. Actual cost of photovoltaic energy system. (Subtract line 42 from line 41 and enter result) ....
43
44. Enter 35% of line 43 or $500,000, whichever is less .................................................................................................................
44
45. Add lines 34, 40, and 44, and enter result. (but not less than zero) ..........................................................................................
45
TOTAL CREDIT FOR RENEWABLE ENERGY TECHNOLOGIES
46. Distributive share of tax credit from attached Form(s) N-334A ..................................................................................................
46
47. Carryover of unused renewable energy technologies income tax credit from prior year ............................................................
47
48. Add lines 15, 30, 45, 46, and 47 and enter result here. This represents your tentative current year renewable energy
48
technologies income tax credit ...................................................................................................................................................
Tax Liability Limitations
49. a. Individuals — Enter tax liability amount from Form N-11, Form N-13, or Form N-15 ...........................................................
b. Corporations — Enter tax liability from Form N-30 ...............................................................................................................
c. Other filers — Enter your tax liability, before credits, from the applicable form .....................................................................
49
50. If you are claiming other credits, complete the credit worksheet in the instructions and enter the total here ............................
50
51. Line 49 minus line 50. This represents your tax liability, as adjusted. If the result is zero or less than zero, enter zero
51
on line 51 ...................................................................................................................................................................................
52. Total credit allowed — Enter the smaller of line 48 or line 51. This is your renewable energy technologies income tax
credit allowable for the year. Enter this amount also, rounded to the nearest dollar for individual taxpayers, on the
52
appropriate line on Schedule CR; Form N-13; Form N-40, Schedule E; or Form F-1, Schedule H; whichever is applicable. ....
53. Line 48 minus line 52. This represents your carryover of unused credit. The amount of any unused tax credit may be
53
carried over and used as a credit against your tax liability in subsequent years until exhausted ..............................................
FORM N-334