2014 Summary of Tax Credits Limited to 50% of Tax
NC-478
Web
North Carolina Department of Revenue
9-14
1 4
For calendar year 2014 or other tax year beginning
and ending
Amended Return
Fill in the circle that
Individual (D-400)
C-Corp (CD-405)
Insurance (IB-13, 33, 43, 53, 4A1, 4A2, or 4A3)
corresponds to the
tax form you filed:
Estate or Trust (D-407)
S-Corp (CD-401S)
Partnership (D-403)
Individual’s First Name (USE CAPITAL LETTERS )
M.I.
Individual’s Last Name (USE CAPITAL LETTERS )
Individual’s Social Security Number
Entity’s Legal Name (USE CAPITAL LETTERS )
Federal Employer ID Number
Part 1.
Tax Credits Subject to 50% of Tax Limit
(Most of the credits listed below expired on or before January 1, 2014. Taxpayers may
continue to take the remaining installments and carryforwards of prior years’ credits by completing Part 1. See instructions for details.)
Franchise
Income
1. Creating Jobs
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a. Article 3A
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00
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b. Article 3J
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2. Investing in Machinery and Equipment
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3.
Research and Development (Article 3A)
00
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4.
N.C. Research and Development
00
00
Investing in Central Office or Aircraft
5.
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00
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Facility Property
6. Investing in Business Property
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00
00
(Article 3J)
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7.
Investing in Renewable
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00
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Energy Property
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8. Low-Income Housing
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9.
Technology Commercialization
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10.
Renewable Fuel Facility
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11. Small Business Health Insurance
00
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12.
Work Opportunity
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13.
Constructing a Railroad Intermodal Facility
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14.
Investing in Real Property
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15.
Biodiesel Producers
00
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Donate Funds to Nonprofit Organization
16.
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17.
Renewable Energy Property Facility
00
00
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18.
Interactive Digital Media
00
00
19. Other Tax Credits Subject to 50% Limit
Fill in applicable circles:
Cigarettes for Export
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Cigarettes for Export While Increasing Employment
00
00
Substantial Investment
N.C. Ports
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20.
Total Tax Credits Subject to 50% Limit
00
00
Add Lines 1 through 19