Michigan Department of Treasury Attachment 29 4947 (Rev. 04-21) 0,&+,*$1 6FKHGXOH RI &HUWL¿FDWHG &UHGLWV Issued under authority of Public Act 38 of 2011. Taxpayer Name (print or type) )HGHUDO (PSOR\HU ,GHQWL¿FDWLRQ 1XPEHU )(,1 PART 1: CERTIFICATED NONREFUNDABLE CREDITS 1. This credit has expired. Leave this line blank and skip to line 2 ........................................................................ 1. X X X X X X X X X 00 2. Eligible Renaissance Zone Credit (see instructions) ......................................................................................... 2. 00 3. +LVWRULF 3UHVHUYDWLRQ &UHGLW 1HW RI 5HFDSWXUH IURP )RUP OLQH ........................................................... 3. 00 4. MEGA Federal Contracts Credit from Form 4568, line 28 ................................................................................. 4. 00 5. %URZQ¿HOG 5HGHYHORSPHQW &UHGLW IURP )RUP OLQH .............................................................................. 5. 00 6. Film Infrastructure Credit from Form 4568, line 35 ............................................................................................ 6. 00 7. MEGA Plug-In Traction Battery Manufacturing Credit from Form 4568, line 36 ................................................ 7. 00 8. Anchor Company Payroll Credit from Form 4568, line 37 ................................................................................. 8. 00 9. Anchor Company Taxable Value Credit from Form 4568, line 38 ...................................................................... 9. 00 10. MEGA Poly-Silicon Energy Cost Credit and Miscellaneous MEGA Battery Credits from Form 4568, line 39 ... 10. 00 11. &HUWL¿FDWHG 1RQUHIXQGDEOH &UHGLWV IRU &,7 $GG OLQHV WKURXJK DQG FDUU\ WR )RUP OLQH or Form 4975, line 8 ......................................................................................................................................... 11. 00 PART 2: RECAPTURE OF CERTAIN BUSINESS TAX CREDITS — Amount may not be less than zero. See instructions. 12. Recapture of MBT Investment Tax Credit (see instructions) ............................................................................. 12. 00 13. Recapture of Single Business Tax (SBT) Investment Tax Credit from Form 4585, line 7 ................................. 13. 00 14. This recapture has expired. Leave this line blank and skip to line 15 ............................................................... 14. X X X X X X X X X 00 15. Recapture of MBT MEGA Employment Tax Credit from Form 4587, line 2a ..................................................... 15. 00 16. This recapture has expired. Leave this line blank and skip to line 19 ............................................................... 16. X X X X X X X X X 00 17. This recapture has expired. Leave this line blank and skip to line 19 ............................................................... 17. X X X X X X X X X 00 18. This recapture has expired. Leave this line blank and skip to line 19 ............................................................... 18. X X X X X X X X X 00 19. Recapture of MEGA Federal Contract Credit from Form 4587, line 4 ............................................................... 19. 00 20. Recapture of MEGA Photovoltaic Technology Credit from Form 4587, line 5 ................................................... 20. 00 21. This recapture has expired. Leave this line blank and skip to line 22 ............................................................... 21. X X X X X X X X X 00 22. 5HFDSWXUH RI 0%7 %URZQ¿HOG 5HGHYHORSPHQW &UHGLW IURP )RUP OLQH .................................................. 22. 00 23. Recapture of Film Infrastructure Credit from Form 4587, line 8f ....................................................................... 23. 00 24. Recapture of Anchor Company Payroll Credit from Form 4587, line 9.............................................................. 24. 00 25. Recapture of Anchor Company Taxable Value Credit from Form 4587, line 10 ................................................ 25. 00 26. Recapture of Miscellaneous MEGA Battery Credits from Form 4587, line 12a ................................................. 26. 00 27. Recapture of Start-Up Business Credit from Form 4573, line 8 ........................................................................ 27. 00 28. Total Recapture of Certain Business Tax Credits for CIT. Add lines 12, 13, 15, 19, 20 and 22 through 27, and carry to Form 4946, line 32, or Form 4975, line 10 .................................................................................... 28. 00 PART 3: CERTIFICATED REFUNDABLE CREDITS — Amount may not be less than zero. See instructions. 29. MEGA Employment Tax Credit from Form 4574, line 12 ................................................................................... 29. 00 30. This credit is no longer available. Leave this line blank and skip to line 31 ...................................................... 30. X X X X X X X X X 00 31. Farmland Preservation Credit from Form 4574, line 15 .................................................................................... 31. 00 32. MEGA Federal Contract Credit from Form 4574, line 16................................................................................... 32. 00 33. MEGA Photovoltaic Technology Credit from Form 4574, line 17 ....................................................................... 33. 00 34. Film Production Credit from Form 4574, line 18 ................................................................................................ 34. 00 35. This credit is no longer available. Leave this line blank and skip to line 36 ...................................................... 35. X X X X X X X X X 00 36. Anchor Company Payroll Credit from Form 4574, line 20 ................................................................................. 36. 00 37. Anchor Company Taxable Value Credit from Form 4574, line 21 ...................................................................... 37. 00 38. MEGA Poly-Silicon Energy Cost Credit and Miscellaneous MEGA Battery Credits from Form 4574, line 22 ... 38. 00 39. &HUWL¿FDWHG 5HIXQGDEOH &UHGLWV $GG OLQHV WKURXJK DQG WKURXJK DQG FDUU\ WR )RUP line 34, or Form 4975, line 12 ............................................................................................................................ 39. 00 + 0000 2021 58 01 27 5 |
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Worksheet 2 — Calculation of MBT ITC Recapture Rates and Amounts NOTE: Lines references on columns below are based on 2010 MBT form 4570. Lines for 2008 and 2009 MBT forms are GLႇHUHQW VR LI FRS\LQJ LQIRUPDWLRQ IURP D RU 0%7 IRUP FKRRVH WKH DSSURSULDWH OLQHV ABCD Allowable Michigan ,7& WKDW RႇVHWV 0%7 OLDELOLW\ Taxable Year (End Date) in compensation and ITC credit Michigan Compensation Subtract column C which MBT ITC Disposed amount from Form 4570, Credit Amount from from column B Assets were acquired line 26 Form 4570, line 3 (Enter 0 if less than 0) EFGH MBT Capital Investment ITC rate Gross ITC Credit Amount Taxable Year Amount from Form 4570, (2.32% for tax years ending Multiply column F (repeat from column A) line 8 in 2008, or 2.9% otherwise) by column G IJKLM MBT Recapture of Capital ITC rate Gross MBT ITC Recapture MBT ITC Recapture Amount Taxable Year Investment Amount from (2.32% for tax years ending Multiply column J 2ႇVHW E\ &UHGLW /HVVHU (repeat from column A) Form 4570, line 16 in 2008, or 2.9% otherwise) by column K RI FROXPQ / DQG + NOPQR SBT ITC Recapture Amount SBT ITC Credit Recapture 2ႇVHW E\ &UHGLW /HVVHU Taxable Year Amount from Form 4570, of column O, Total MBT ITC Credit Used Extent Credit Used Rate (repeat from column A) line 19 DQG FROXPQ + ± 0 Add columns D, M, and P 'LYLGH FROXPQ 4 E\ FROXPQ + STU Recapture base. Enter total amount of recapture from Worksheet 1a, column F; Worksheet 1 b, Recapture Amount. Taxable Year column F; and Worksheet 1c, Multiply column T by (repeat from column A) column B. column G and by column R |