Form C-8000mc - Created Jobs Credit - Worksheet Ii
Download a blank fillable Form C-8000mc - Created Jobs Credit - Worksheet Ii in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form C-8000mc - Created Jobs Credit - Worksheet Ii with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4C-8000MC, Page 6
FEIN or TR Number
CREATED JOBS CREDIT - WORKSHEET II
Complete one Created Jobs Credit Worksheet II for each employee and save it for your records.
Do not attach them to your C-8000MC.
Employee Name or ID
Part 1: Calculation of Full-Time Equivalent (FTE) for 2004 and 2005:
1a. Enter the number of weeks employee worked in Michigan in 2004 ............................ 1a. ______________
1b. Employee’s 2004 Employment Period Ratio: Divide 1a by 52 ..................................... 1b. ______________
1c. Enter the number of hours employee worked in Michigan in 2004 ............................. 1c. ______________
1d. Employee’s 2004 Hours Worked Ratio: Divide 1c by _________ the FTE annual
hours of work standard set by taxpayer (1750-2080 hours) ......................................... 1d. ______________
1e. Employee’s 2004 FTE: Take smaller of 1b and 1d ......................................................................................
1e. ______________
1f. Enter the number of weeks employee worked in Michigan in 2005 ............................ 1f. ______________
1g. Employee’s 2005 Employment Period Ratio: Divide 1f by 52 ...................................... 1g. ______________
1h. Enter the number of hours employee worked in Michigan in 2005 ............................. 1h. ______________
1i. Employee’s 2005 Hours Worked Ratio: Divide 1h by the FTE annual
hours of work standard set by taxpayer and reported in 1d above ............................... 1i. ______________
1j. Employee’s 2005 FTE: Take smaller of 1g and 1i ........................................................................................
1j. ______________
Part 2: Employee Information
Yes
No
(i)
Was employee hired by taxpayer in 2005 to perform a job in Michigan? ............................................
Yes
No
(ii) Was employee provided with health, welfare and noninsured benefit plans? ...................................
Yes
No
(iii) Is the employee’s job used in the calculation of a MEGA credit? ........................................................
(iv) Did the employee transfer into this job from a previous position in Michigan with the taxpayer, a
related entity [see MCL 208.37f(8)(f)] of the taxpayer, or an entity with which the taxpayer files a ......
Yes
No
consolidated return? ............................................................................................................................
Yes
No
(v) Did the employee perform high-tech activities as defined under MCL 207.803? ..............................
(vi) Enter your NAICS code: _______________________
Complete Part 3 of this Worksheet only if you answered:
(A) Yes to questions (i), (ii) and (v), and No to questions (iii) and (iv); OR
(B) Yes to questions (i), (ii) and No to questions (iii), (iv) and (v), and your NAICS code is 33, 321 or 322.
Part 3: Calculation of Compensation and FTE for this Qualified Employee in 2005:
3a. Employee’s 2005 Qualified FTE: Copy figure from 1j in Part 1 of this worksheet .......................................
3a. ______________
3b. Employee’s 2005 Qualified Compensation: Enter compensation paid to Qualified
.00
employee in 2005 (enter $85,000 if more than $85,000) .............................................................................
3b. ______________
Note: For purposes of determining compensation paid to employees, you may not include compensation paid to a spouse, parent,
sibling, child, stepchild, adopted child, or stepparent of an active shareholder or officer (as defined in MCL 208.36), a shareholder of an
S corporation, partner of a partnership, a member of a limited liability company, or an individual who is a sole proprietor.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial