Form Ct-261 - Claim For Empire State Film Post-Production Credit - 2012
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1New York State Department of Taxation and Finance
CT-261
Claim for Empire State Film
Post-Production Credit
Tax Law – Article 1, Section 31 and Article 9-A, Section 210.41
All filers must enter tax period:
beginning
ending
Legal name of corporation
Employer identification number (EIN)
Attach to Form CT-3, CT-3-A, or CT-3-S.
Part 1 – Computation of post-production credit available for use
(see instructions)
1 Enter the amount of post-production credit
...............................................................
1
(see instructions)
2 Post-production credit from partnership(s)
....................................................................
2
(from line 18)
3 Add lines 1 and 2
3
.................................................................
(New York S corporations see instructions)
4 Unused post-production credit carried over from the previous tax year ............................................
4
5 Total post-production credit available in the current tax year
.................................
5
(add lines 3 and 4)
Part 2 – Computation of post-production credit used, refunded, and carried forward
(see instructions;
New York S corporations do not complete this part)
6 Tax due before credits
................................................................................................
6
(see instructions)
7 Tax credits claimed before the post-production credit
.......................
7
(if none, enter 0; see instructions)
8 Tax after application of all other credits
.........................................................
8
(subtract line 7 from line 6)
9 Fixed dollar minimum tax
9
.....................................................................
(from Form CT-3 or Form CT-3-A)
10 Limitation on post-production credit to be used this period
(subtract line 9 from line 8; if line 8
10
..................................................................................................................
is less than line 9, enter 0)
11 Post-production credit to be used this year
..............................................................
11
(see instructions)
12 Subtract line 11 from line 3; if line 11 is greater than line 3, enter 0 ...................................................
12
13 Subtract line 11 from line 5 ................................................................................................................
13
14 Amount available for carryforward
14
............................................................
(multiply line 12 by 50% (.5))
15 Amount of post-production credit available for refund
.............................
15
(subtract line 14 from line 13)
16 Amount of post-production credit you want to be refunded
(limited to the amount on line 15;
.................................................................................................................................
16
see instructions)
17 Amount of refundable post-production credit you want to be applied to next year’s tax
......................................................................................
17
(subtract line 16 from line 15; see instructions)
Part 3 – Partnership information
(attach additional sheets as necessary)
Name of partnership
Partnership’s EIN
Credit amount allocated
Total from additional sheet(s), if any ...............................................................................................................
18 Total credit amount allocated from partnerships
...........................................
18
(enter here and on line 2)
539001120094
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