Fillable Montana Form Rcyl - Recycle Credit/deduction

Montana Form Rcyl - Recycle Credit/deduction - 2010 Page 2

Download a blank fillable Montana Form Rcyl - Recycle Credit/deduction - 2010 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 Montana Form Rcyl - Recycle Credit/deduction - 2010 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.

Part III - For qualifying specialized mobile equipment used in and out of Montana

1. Detailed explanation of equipment purchased and how it is used, include a copy of any pamphlets or any other related

information or support ____________________________________________________________________________

______________________________________________________________________________________________

2. Date of purchase ____________________________ (A copy of sales receipt is required.)

3. Cost of equipment (the total cost of equipment in Part II and Part III may not exceed $1,000,000) ......... $ ___________

4. Number of days used in Montana .............................

____________

5. Total days used for the year .....................................

____________

6. Divide amount on line 4 by amount on line 5 ............

____________

7. Computation of credit:

Multiply the ratio on line 6 by 25% (0.25) then multiply the ﬁ rst $250,000 of line 3 ....

___________

Multiply the ratio on line 6 by 15% (0.15) then multiply the next $250,000 of line 3 ...

___________

Multiply the ratio on line 6 by 5% (0.05) then multiply the next $500,000 of line 3 .....

___________

Total Credit .................... $ ___________

8. Total Credit Available (amount from Part II, line 4 and/or Part III, line 7). Enter this amount on Form 2,

Schedule V, for individuals; Form CLT-4, Schedule C, for C corporations; or Schedule II for

partnerships and S corporations. ............................................................................................................... $ ___________

Amount of credit may not exceed tax liability.

Part IV - Deduction for purchase of recycled material

1. Type of recycled material purchased _________________________________________________________________

2. Cost of recycled material ........................................................................................................................... $ ___________

3. Multiply the amount on line 2 by 10% (0.10). This is the amount of your additional deduction. ......... $ ___________

Enter the amount from line 3 above on your appropriate tax return.

Form 2, Schedule II

Form CLT4-S, page 1, line 16b

Form CLT-4, page 3, line 3c

Form PR-1, page 1, line 17b

*30160201*