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UBGs: Fill necessary Worksheets 3a, 3b, and 3c for each from the latest return filed for that tax year.
member of the group who has disposed of assets outside of the
UBGs: Fill set of Worksheets 4a, 4b , and 4c for each member
group, which triggered an SBT ITC recapture in the current
of the group who disposed of assets that triggered SBT ITC
filing period.
recapture in the current tax year.
• Method A: ○ Worksheet 4b, line 5, columns A and B: Starting
○ Worksheet 4a, line 4, columns A through D: Enter with Form 4569 for the earliest 2008 and latest 2009
in the tax year end date of each acquisition year of applicable MBT filing period, enter the information
disposed assets that triggered SBT ITC recapture. requested on table. If more than one return was filed for
(Those dates should be the same as appear in column A the same tax year (that is, the taxpayer filed an amended
of Worksheet 3a through 3c.) return), use only the information from the latest return
For each year displayed in column A, enter Form filed for that tax year.
C-8000ITC information required in the appropriate NOTE: For MBT tax years that the taxpayer filed Form 4567
column, using return data specific from each applicable and no Form 4569, enter on line 5A the taxable year end date,
tax year. If the amount of column C is zero for a and enter zero for line 5B. Do not enter any information
particular year, and the amount on C-8000ITC, line on lines 5A and 5B for MBT years in which the taxpayer
10 for that year is larger than zero, taxpayers may not filed nothing or filed a Form 4583. See Note on Using the
enter zero on column E if the taxpayers fall in either Simplest Method under the heading Calculation of SBT ITC
of the two categories explained below, and must do the Recapture Rates in these instructions. Not filing a Form 4567
appropriate calculations as follows: does not allow a taxpayer to preserve SBT credit carryforward
1) Taxpayers who used the straight method from one year to the next.
to calculate the SBT liability for that taxable year: UBGs: During tax years ending in 2008 and 2009, UBG groups
calculate the credit rate as instructed on C-8000ITC, were allowed to offset the group liability by claiming member’s
line 26 for that taxable year, and enter the result on SBT ITC carryforward. When completing Worksheet 4b, line
column E; or 5, column B, enter the portion of the total group SBT ITC
2) Taxpayer who used the excess compensation carryforward used by the group for each year that pertains to
reduction method to calculate the SBT liability for that the specific member that is disposing of SBT ITC asset in the
taxable year: calculate the credit rate on C-8000ITC, current tax year, as calculated in the example below. If the
line 26, for that taxable year; subtract the percentage member completing Worksheet 4b was not part of a UBG in
found on C-8000S, line 6, from 100%, and multiply the 2008 and/or 2009 tax years, and filed as a stand alone filer, take
result of that subtraction by the calculated credit rate on care to report on Worksheet 4b, lines 5A and 5B information
C-8000ITC, line 26. Enter the result on column E. from the member’s singly filed returns.
○ Worksheet 4b, line 5, columns A and B: Leave lines Example: In 2008, group ABC files MBT return claiming
blank. $1,000,000 in SBT ITC carryforward. The group consisted
○ Worksheet 4a, line 4, Column E: Divide the amount in of Company 1, Company 2, Company 3, and Company 4.
column C by the amount in column B, for each taxable Company 4’s tax year ended after the tax year of the group’s
year in column A, and enter as a percentage. Designated Member, so Company 4’s data was not included
in group ABC’s 2008 MBT return, even though Company
○ Worksheet 4c, lines 6, 7, and 8: leave all columns 4 was part of the UBG. The total $1,000,000 in SBT ITC
blank. carryforward resulted from the sum of $200,000 in SBT ITC
• Method B: carryforward from Company 1, $300,000 from Company 2,
and $500,000 from Company 3. In the current year, companies
○ Worksheet 4a, line 4, columns A through D: Gather
2, 3 and 4 dispose of capital investment outside of the group,
all C-8000ITC forms filed for tax years beginning on
which triggers SBT ITC recapture. Therefore, Group ABC
or after January 1, 2000. (If an amended C-8000ITC
fills a Form 4902 to report the sum of SBT ITC recapture
was filed, use the figures from the amended form, not
from Company 2, Company 3, and Company 4. When filling
the original.) Sort all the returns in chronological order
the Worksheet 4b, line 5, column B for Company 2, report
of taxable year end date, from earliest to latest date.
$200,000 – which represents the portion of the total SBT ITC
Starting with the Form C-8000ITC for the earliest
carryforward claimed by the group in 2008 that corresponds
applicable SBT filing period, enter the information
only to Company 2’s SBT ITC carryforward in 2008. When
requested on the table for each taxable year (use one
filling Worksheet 4b, line 5, column B for Company 3, report
row for each return).
$500,000 – which represents Company 3’s portion of the total
NOTE: For SBT tax years when the taxpayer filed a C-8000 SBT ITC carryforward claimed by the group in 2008. When
with no C-8000ITC, or a C-8030, enter on line 4A the taxable filling Worksheet 4b, line 5, column B for Company 4, report
year end date, and enter zero for lines 4B, 4C, and 4D. Do not $0 – which represents Company 4’s portion of the total SBT ITC
enter any information on lines 4A through 4D for SBT tax carryforward claimed by the group in 2008.
years in which the taxpayer filed nothing OR filed a C-8044.
If more than one return was filed for the same tax year (that is, ○ Worksheet 4a, Column E: For each taxable year, enter
the taxpayer filed an amended return), use only the information the rates calculated on Worksheet 4c, line 8, column M.
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