Part III Credits that Reduce Tax Note: Be sure to attach your credit forms to Long Form 540NR.
00
Enter the amount from Long Form 540NR, line 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _____________________
00
2 Enter the tentative minimum tax from Side 2, Part II, line 43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 _____________________
*
(a)
(b)
(c)
(d)
Credit
Credit used
Tax balance that
Credit
amount
may be offset
carryover
this year
Section A – Credits that reduce excess tax.
by credits
3 Subtract line 2 from line 1. If zero or less enter -0- and see instructions.
This is your excess tax which may be offset by credits . . . . . . . . . . . . . . . . . . . . . .
3
A1 Credits that reduce excess tax and have no carryover provisions.
4 Code: 162 Prison inmate labor credit (FTB 3507) . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Code: 169 Enterprise zone employee credit (FTB 3553) . . . . . . . . . . . . . . . . . . . . .
5
6 Code: 219 New Home Credit (FTB Pub 3528) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
A2 Credits that reduce excess tax and have carryover provisions. See instructions.
7 Code: ____ ____ ____ Credit Name: ___________________________________
7
8 Code: ____ ____ ____ Credit Name: ___________________________________
8
9 Code: ____ ____ ____ Credit Name: ___________________________________
9
0 Code: ____ ____ ____ Credit Name: ___________________________________ 0
Code: 188 Credit for prior year alternative minimum tax. . . . . . . . . . . . . . . . . . . . .
Section B – Credits that may reduce tax below tentative minimum tax.
2 If Part III, line 3 is zero, enter the amount from line 1. If line 3 is more than
zero, enter the total of line 2 and the last entry in column (c) . . . . . . . . . . . . . . . . . 2
B1 Credits that reduce net tax and have no carryover provisions.
3 Code: 170 Credit for joint custody head of household
Credit from
Credit
Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 3
See line 51 instructions on Long Form 540NR.
4 Code: 173 Credit for dependent parent
Credit from
Credit
Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 4
See line 52 instructions on Long Form 540NR.
5 Code: 163 Credit for senior head of household
Credit from
Credit
Form 540NR, ____________________ X Percentage ___ . ___ ___ ___ ___ = 5
See line 53 instructions on Long Form 540NR.
6 Nonrefundable renter’s credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
B2 Credits that reduce net tax and have carryover provisions. See instructions.
7 Code: ____ ____ ____ Credit Name: ___________________________________ 7
8 Code: ____ ____ ____ Credit Name: ___________________________________ 8
9 Code: ____ ____ ____ Credit Name: ___________________________________ 9
20 Code: ____ ____ ____ Credit Name: ___________________________________ 20
B3 Other state tax credit
2 Code: 187 Other state tax credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Section C – Credits that may reduce alternative minimum tax.
22 Enter your alternative minimum tax from Side 2, Part II, line 45 . . . . . . . . . . . . . . . 22
23 Code: 180 Solar energy credit carryover from Section B2, column (d) . . . . . . . . . . 23
24 Code: 181 Commercial solar energy credit carryover from Section B2,
column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
25 Adjusted AMT. Enter the balance from line 24, column (c) here and on
Long Form 540NR, line 71 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
*
If the taxpayer is subject to the business tax credit limitation, the total of the business credits in Part III, Column (b) cannot exceed 50% of the amount
reported on Part III, Line 1.
Schedule P (540NR) 2009 Side 3
7983093