Schedule Hm - Harbor Maintenance Tax Credit Form - State Of Massachusetts

2000

Schedule HM

Massachusetts

Harbor Maintenance

Department of

Tax Credit

Revenue

Name

Federal Identification number

Check applicable box(es):

Shipper

Exporter

Importer

Part 1. Current Year Harbor Maintenance Tax Credit.

Documentation must be provided upon request.

a. Tax paid on port use for

b. Tax paid on port use for

c. Tax paid on port use for

Date

domestic movements of break-

exports of break-bulk and

imports of break-bulk and

Massachusetts Port

paid

bulk and containerized cargo

containerized cargo

11 Total . . . . . . . . . . . . . . . . . . . . . . . . . . 1

22 Total qualifying Harbor Maintenance taxes for this year.

Add line 1, columns A, B and C . . . . . . . . . . . . . . . . . . . . . . . . . . 2

23 Enter unused credit from prior year (from line 16, 1999 Schedule HM) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

24 Massachusetts Harbor Maintenance Tax Credit available this year. Add lines 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

35 Total corporate excise for purposes of determining allowable Harbor Maintenance Tax Credit. Form 355A or 355B,

Computation of Excise, line 4; Form 355S-A or 355S-B, Computation of Excise, line 6; or

Form 355C-A or 355C-B, Schedule E, part 2, line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

46 Enter the amount from Schedule H, line 29, column b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

57 Enter the amount from Schedule RC, line 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

58 Enter the amount from Schedule RC-A, line 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

59 Enter the amount from Schedule FEC, line 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

10 Add lines 6, 7, 8 and 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

11 Subtract line 10 from line 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

12 Minimum corporate excise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

456

13 Maximum allowable current year Harbor Maintenance Tax Credit. Subtract line 12 from line 11.

If “0” or less, you do not qualify for a current year Harbor Maintenance Tax Credit, enter “0” in line 14 and

complete Part 2. Otherwise, continue with this schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

14 Enter the smaller of line 4 or line 13 here and on the Computation of Excise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

Part 2. Unused Harbor Maintenance Tax Credit Carryover

15 Complete only if line 4 is more than line 13.

Year

a. Unused credits from prior years

b. Portion used

c. Unused credit available

and current year credit

this year

Subtract col. b. from col. a

Amount

For

1996