Free CT-40 - New York

Staple forms here

CT40
Name

New York State Department of Taxation and Finance

Claim for Alternative Fuels Credit
Tax Law -- Article 9, Sections 183, 184, 185, 186 and Article 9A
All filers must enter tax period: beginning ending
Employer identification number (EIN)

Attach this form to your tax return (See Form CT-40-I, Instructions for Form CT-40, for assistance)

Credit summary information (See instructions; complete Sections 1, 2, and 3 as appropriate before completing this summary)
Alternative fuels credit from preceding tax years ............................................................................ Alternative fuels credit from the current tax year (from line 17; see instructions if a corporate partner) ... Alternative fuels credit received from affiliates (see instructions) ...................................................... Credit available before transfer and recapture (add lines 1, 2, and 3) ................................................ Alternative fuels credit transferred to affiliates (see instructions) ...................................................... Credit available after transfer to affiliates (subtract line 5 from line 4) ................................................. Recapture of alternative fuels credit (from line 20) ........................................................................... Credit available after transfer and recapture (see instructions).......................................................... Enter your franchise tax due before credits ................................... 9. Enter any other credits applied before this credit for this tax period 10. Subtract line 10 from line 9 ............................................................ 11. Tax limitation .................................................................................. 12. Alternative fuels credit limitation (subtract line 12 from line 11; if the result is negative, enter 0) .............................................................. 13. 14 Credit used (see instructions) ............................................................................................................ 15 Unused credit to be carried forward (subtract line 14 from line 8) ....................................................... 1 2 3 4 5 6 7 8 9 10 11 12 13 1. 2. 3. 4. 5. 6. 7. 8.

14. 15.

Section 1 -- Credit for alternative fuel vehicle refueling property
16 Cost of new alternative fuel vehicle refueling property (see instructions) ............................................ 17 Multiply line 16 by 50% (.5) (enter here and on line 2) .......................................................................... 16. 17.

Section 2 -- Computation of credit recapture on alternative fuel vehicle refueling property
A Tax year credit allowed B Total recovery period of property C Years in service prior to recapture year D Recapture years
(column B - column C)

E Recapture %
(column D ÷ column B)

F Original credit allowed

G Credit recapture
(column E × column F)

18 Recaptured alternative fuel vehicle refueling property credit (add column G amounts) ........................ 18. 19 Partners in a partnership: enter your share of the recapture of the credit (see instructions) ................. 19. 20 Total recaptured credit (add lines 18 and 19, enter here and on line 7) ...................................................... 20.

44701080094

Page 2 of 2

CT40 (2008)

Section 3 -- Election to transfer credits (Article 9A taxpayers only)
Part A -- Alternative fuels credits received from affiliates (see instructions; attach additional sheets if necessary)
Tax year Transferor corporation name EIN Credit received 21. 22. 23. 24. Total credit received from affiliates (add lines 21, 22, and 23; enter here and on line 3) .......................... Certification of transferor corporation (for line 21): I certify that I am an authorized person for the transferor named above. On behalf of that corporation, I elect to transfer to the taxpayer the amount of credit shown above.
Signature of authorized person Official title Transferor corporation name Date

Certification of transferor corporation (for line 22): I certify that I am an authorized person for the transferor named above. On behalf of that corporation, I elect to transfer to the taxpayer the amount of credit shown above.
Signature of authorized person Official title Transferor corporation name Date

Certification of transferor corporation (for line 23): I certify that I am an authorized person for the transferor named above. On behalf of that corporation, I elect to transfer to the taxpayer the amount of credit shown above.
Signature of authorized person Official title Transferor corporation name Date

Certification of transferee corporation (for line 24): I certify that I am an authorized person for the taxpayer. On behalf of that corporation, I elect to receive from the affiliated corporation(s) named above the amount of credit shown on line 24 above.
Signature of authorized person Official title Transferee corporation name Date

Part B -- Alternative fuels credits transferred to affiliates (see instructions; attach additional sheets if necessary)
Tax year Transferee corporation name EIN Credit transferred 25. 26. 27. 28. Total credit transferred to affiliates (add lines 25, 26, and 27; enter here and on line 5) ............................ Certification of transferee corporation (for line 25): I certify that I am an authorized person for the transferee corporation named above. On behalf of that corporation, I elect to receive from the taxpayer the amount of credit shown above.
Signature of authorized person Official title Transferee corporation name Date

Certification of transferee corporation (for line 26): I certify that I am an authorized person for the transferee corporation named above. On behalf of that corporation, I elect to receive from the taxpayer the amount of credit shown above.
Signature of authorized person Official title Transferee corporation name Date

Certification of transferee corporation (for line 27): I certify that I am an authorized person for the transferee corporation named above. On behalf of that corporation, I elect to receive from the taxpayer the amount of credit shown above.
Signature of authorized person Official title Transferee corporation name Date

Certification of transferor corporation (for line 28): I certify that I am an authorized person for the taxpayer. On behalf of that
corporation, I elect to transfer to the affiliated corporation(s) named above the amount of credit shown on line 28 above.
Signature of authorized person Official title Transferor corporation name Date

44702080094