- US Legal Forms
- Form Library
- More Forms
- More Multi-State Forms
- Form 4255 (Rev. August 2000). Recapture Of Investment Credit
Get Form 4255 (Rev. August 2000). Recapture Of Investment Credit
N return Properties OMB No. 1545-0166 65 Identifying number Type of property State whether rehabilitation, energy, reforestation, or transition property. (See the Instructions for Form 3468 for the year the investment credit property was placed in service for definitions.) If rehabilitation property, also show type of building. If energy property, show type. A B C D Original Investment Credit 1 2 3 4 5 6 Computation Steps: (see Specific Instructions) Original rate of credit Cost or ot.
How It Works
-
Open form follow the instructions
-
Easily sign the form with your finger
-
Send filled & signed form or save
How to fill out and sign 1990 online?
Get your online template and fill it in using progressive features. Enjoy smart fillable fields and interactivity. Follow the simple instructions below:
The preparation of lawful papers can be costly and time-consuming. However, with our preconfigured web templates, everything gets simpler. Now, creating a Form 4255 (Rev. August 2000). Recapture Of Investment Credit requires a maximum of 5 minutes. Our state online blanks and complete recommendations eradicate human-prone errors.
Comply with our simple actions to get your Form 4255 (Rev. August 2000). Recapture Of Investment Credit well prepared rapidly:
- Find the template from the catalogue.
- Enter all required information in the necessary fillable areas. The easy-to-use drag&drop interface makes it easy to add or move fields.
- Make sure everything is completed properly, with no typos or missing blocks.
- Use your electronic signature to the page.
- Click Done to save the changes.
- Save the data file or print your copy.
- Distribute immediately to the receiver.
Make use of the fast search and innovative cloud editor to make a precise Form 4255 (Rev. August 2000). Recapture Of Investment Credit. Get rid of the routine and make paperwork online!
Experience a faster way to fill out and sign forms on the web. Access the most extensive library of templates available.
Transferee FAQ
-
Use Form 4255 to figure the increase in tax for the recapture of investment credit claimed. Credit Recapture Requirements and Special. Rules. Generally, you must refigure the investment credit and may have to recapture all or part of it if any of the following apply.
-
IRC Section 50(a)(1) generally allows for the recapture of some amount of the ITC claimed if, during any tax year, investment credit property is disposed of or otherwise ceases to be investment credit property with respect to the taxpayer before the close of the recapture period.
-
If you're in the situation where you have to file IRS Form 4255, you might have to pay back a tax credit you've earned in prior years. This process, known as recapture, occurs if you claim a credit—in this case, a credit for a specific type of business investment—and then no longer qualify for that credit.
-
[31] Individuals and for-profit corporations eligible for the ITC and PTC may only use them against federal taxes owed in a given year and therefore the credits are not refundable (though they may be rolled forward).
-
Investment tax credits are basically a federal tax incentive for business investment. They let individuals or businesses deduct a certain percentage of investment costs from their taxes. These credits are in addition to normal allowances for depreciation.
-
Recapture Risk – The full value of the ITC is earned once a project is placed in service. Then, for a five-year compliance period, the tax credit is subject to recapture if (1) the property ceases to be a qualified energy facility, or (2) a change in ownership occurs.
-
Use Form 4255 to figure the increase in tax for the recapture of investment credit claimed. Credit Recapture Requirements and Special. Rules. Generally, you must refigure the investment credit and may have to recapture all or part of it if any of the following apply.
-
You must file Schedule 4255 if you claimed an additional income tax credit (i.e., Angel Investment Credit, Economic Development for a Growing Economy (EDGE) Credit, New Construction EDGE Credit, New Markets Development, or Historic Preservation Credit) against your Illinois income tax liability in a previous year and ...
Recordkeeping Related content
-
2016 Instruction 1040
Dec 15, 2016 — The Marketplace is required to send Form 1095-A by January 31 ... Form...
Learn more -
2014 Instructions for Form 1040NR
Apr 15, 2015 — Recapture of the following credits. a. Investment credit (see Form...
Learn more -
Publication 542 (Rev. January 2019)
Feb 14, 2019 — • Investment credit (see the Instructions for Form 4255). •...
Learn more -
2012 Publication 504
Jan 9, 2013 — the recapture period. Form 4255, Recapture of. Investment Credit...
Learn more -
Forest Landowners' Guide to the Federal Income Tax
No credit is recaptured after the fifth full year. For additional information, see the...
Learn more -
Report on Tax Aspects of Farmers in Bankruptcy
by RT Turner — rorm 4255 (Rev. 11-81). 28. Akron Tax Journal, Vol. 2 [2016], Art. 5...
Learn more -
1998 Instructions for 1120/1120A
See Form 4255, Recapture of Investment. Credit, for details. Recapture of low-income...
Learn more -
2014 Publication 525
Jan 15, 2015 — Credit for Individuals, or Form 4255, Recapture of Investment Credit, for...
Learn more -
Advisers guide to S corporations : tax compliance...
by GB McKeen · 2011 — the appropriate tax form (for example, Form 4255, Recapture of...
Learn more -
2002 Chapter 2 - Individual Taxpayer Problems
Advance earned income credit payments from Form(s) W-2. 67. Child tax credit (see ... Form...
Learn more -
INCOME TAX MANAGEMENT AND REPORTING FOR ...
by CH Cuykendall — Form 3468 is used for computing IC, Form 4255 is used to recapture...
Learn more -
INCOME TAX MANAGEMENT AND REPORTING FOR SMALL ...
Form 3468 is used for computing ITC, Form 4255 is used to recapture ITC. Rehabilitated...
Learn more -
2016 Instruction 1040
Dec 15, 2016 — The Marketplace is required to send Form 1095-A by January 31 ... Form...
Learn more -
2014 Instructions for Form 1040NR
Apr 15, 2015 — Recapture of the following credits. a. Investment credit (see Form...
Learn more -
Schedule 4255 Instructions - Illinois Department...
Use this form to figure the amount of recaptured credit that you must add to this year's...
Learn more -
Instructions for Form 4797 (2022)
Jan 5, 2023 — If you sold property on which you claimed investment credit, see Form 4255...
Learn more -
Form 3468 (Rev. December 2006)
For details, see Form 4255, Recapture of Investment. Credit. CAUTION. Recapture of Credit...
Learn more -
Section 6418 Transfer of Certain Credits
Jun 21, 2023 — The reporting of a recapture event will still be required to be reported...
Learn more -
2022 I-111 Form 1 Instructions - Wisconsin Income...
Dec 31, 2022 — The IRS created federal Form 4255, Recapture of Investment Credit, and...
Learn more -
Federal Register, Volume 88 Issue 185 (Tuesday ...
Sep 26, 2023 — * Form 4255.................. Recapture of Investment Credit. * Form...
Learn more -
Historic Rehabilitation Tax Credit Recapture...
4255, Recapture of Investment Credit, and the total recapture amount for all investment...
Learn more -
2016 Instructions for Form 4797
If you sold property on which you claimed investment credit, see Form. 4255, Recapture of...
Learn more -
2017 - Instructions for Form 4797
If you sold property on which you claimed investment credit, see Form. 4255, Recapture of...
Learn more -
2012 Publication 504
Jan 9, 2013 — the recapture period. Form 4255, Recapture of. Investment Credit...
Learn more -
Publication 542 (Rev. January 2019)
Feb 14, 2019 — • Investment credit (see the Instructions for Form 4255). •...
Learn more -
Forest Landowners' Guide to the Federal Income Tax
Form 4255, “Recapture of Investment Credit.” Example 5-3 shows how to ... $1,000...
Learn more -
1998 Instructions for 1120/1120A
See Form 4255, Recapture of Investment. Credit, for details. Recapture of low-income...
Learn more -
Report on Tax Aspects of Farmers in Bankruptcy
by RT Turner — 54 Tax from recapture of investment credit (attach Form 4255) ... rorm...
Learn more -
2007 - Partner's Instructions for Schedule K-1...
inventory items results in ordinary income. Form 4255, Recapture of Investment Credit...
Learn more -
Advisers guide to S corporations : tax compliance...
by GB McKeen · 2011 — the appropriate tax form (for example, Form 4255, Recapture of...
Learn more -
2002 Chapter 2 - Individual Taxpayer Problems
Advance earned income credit payments from Form(s) W-2. 67. Child tax credit (see ... Form...
Learn more -
2016 Instruction 1040
Dec 15, 2016 — The Marketplace is required to send Form 1095-A by January 31 ... Form...
Learn more -
2014 Instructions for Form 1040NR
Apr 15, 2015 — Recapture of the following credits. a. Investment credit (see Form...
Learn more -
2007 Instruction 1040
• Recapture of an education credit. You. However, do not use the Tax Table or...
Learn more -
Attention! Although we are releasing this 1999 Tax...
Aug 24, 1999 — ... filing joint return (even if only one had income). 3. Check only one...
Learn more -
Schedule 4255 Instructions - Illinois Department...
Use this form to figure the amount of recaptured credit that you must add to this year's...
Learn more -
Instructions for Form 4797 (2022)
Jan 5, 2023 — If you sold property on which you claimed investment credit, see Form...
Learn more -
Historic Rehabilitation Tax Credit Recapture...
4255, Recapture of Investment Credit, and the total recapture amount for all investment...
Learn more -
Form 3468 (Rev. December 2006)
For details, see Form 4255, Recapture of Investment. Credit. CAUTION ... Form 3468 (Rev...
Learn more -
Section 6418 Transfer of Certain Credits
Jun 21, 2023 — The reporting of a recapture event will still be required to be reported...
Learn more -
Federal Register, Volume 88 Issue 185 (Tuesday ...
Sep 26, 2023 — * Form 4255.................. Recapture of Investment Credit. * Form...
Learn more -
2022 I-111 Form 1 Instructions - Wisconsin Income...
Dec 31, 2022 — The IRS created federal Form 4255, Recapture of Investment Credit, and...
Learn more -
21.5.9 Carrybacks | Internal Revenue Service
Taxpayers compute the recapture tax on: Form 4255, Recapture of Investment Credit. Form...
Learn more -
Agency Information Collection Activities;...
Dec 21, 2021 — Form 4255, Recapture of Investment Credit. Form 4466, Corporation...
Learn more -
Federal Register/Vol. 85, No. 213/Tuesday...
Nov 3, 2020 — Form 4255 ....................................... Recapture of Investment...
Learn more -
Schedule 4255 Instructions - Illinois Department...
Use this form to figure the amount of recaptured credit that you must add to this year's...
Learn more -
Instructions for Form 4797 (2022)
Jan 5, 2023 — If you sold property on which you claimed investment credit, see Form 4255...
Learn more -
Section 6418 Transfer of Certain Credits
Jun 21, 2023 — The reporting of a recapture event will still be required to be reported...
Learn more -
2022 I-111 Form 1 Instructions - Wisconsin Income...
Dec 31, 2022 — The IRS created federal Form 4255, Recapture of Investment Credit, and...
Learn more -
Federal Register, Volume 88 Issue 185 (Tuesday ...
Sep 26, 2023 — * Form 4255.................. Recapture of Investment Credit. * Form...
Learn more -
Form 3468 (Rev. December 2006)
For details, see Form 4255, Recapture of Investment. Credit. CAUTION. Recapture of Credit...
Learn more -
Historic Rehabilitation Tax Credit Recapture...
4255, Recapture of Investment Credit, and the total recapture amount for all investment...
Learn more -
Proposed Collection; Comment Request for Form 1040...
Sep 30, 2019 — Form 4137, Social Security and Medicare Tax on Underreported Tip Income...
Learn more -
1545-0074 SS 2018-10-11 F.docm
... credit for qualified equity investments made in qualified community development...
Learn more -
Federal Register/Vol. 84, No. 189/Monday...
Sep 30, 2019 — Credit for Federal Tax Paid on Fuels. Form 4255...
Learn more -
Publication 542 (Rev. January 2019)
Feb 14, 2019 — • Investment credit (see the Instructions for Form 4255). •...
Learn more -
2012 Publication 504
Jan 9, 2013 — the recapture period. Form 4255, Recapture of. Investment Credit...
Learn more -
Forest Landowners' Guide to the Federal Income Tax
No credit is recaptured after the fifth full year. For additional information, see the...
Learn more -
Report on Tax Aspects of Farmers in Bankruptcy
by RT Turner — rorm 4255 (Rev. 11-81). 28. Akron Tax Journal, Vol. 2 [2016], Art. 5...
Learn more -
1998 Instructions for 1120/1120A
See Form 4255, Recapture of Investment. Credit, for details. Recapture of low-income...
Learn more -
2014 Publication 525
Jan 15, 2015 — Credit for Individuals, or Form 4255, Recapture of Investment Credit, for...
Learn more -
Advisers guide to S corporations : tax compliance...
by GB McKeen · 2011 — the appropriate tax form (for example, Form 4255, Recapture of...
Learn more -
2007 - Partner's Instructions for Schedule K-1...
inventory items results in ordinary income. Form 4255, Recapture of Investment Credit...
Learn more -
2002 Chapter 2 - Individual Taxpayer Problems
Advance earned income credit payments from Form(s) W-2. 67. Child tax credit (see ... Form...
Learn more -
INCOME TAX MANAGEMENT AND REPORTING FOR ...
by CH Cuykendall — Form 3468 is used for computing IC, Form 4255 is used to recapture...
Learn more -
Schedule 4255 Instructions - Illinois Department...
Use this form to figure the amount of recaptured credit that you must add to this year's...
Learn more -
Instructions for Form 4797 (2022)
Jan 5, 2023 — If you sold property on which you claimed investment credit, see Form...
Learn more -
Historic Rehabilitation Tax Credit Recapture...
4255, Recapture of Investment Credit, and the total recapture amount for all investment...
Learn more -
Section 6418 Transfer of Certain Credits
Jun 21, 2023 — The reporting of a recapture event will still be required to be reported...
Learn more -
Federal Register, Volume 88 Issue 185 (Tuesday ...
Sep 26, 2023 — * Form 4255.................. Recapture of Investment Credit. * Form...
Learn more -
2022 I-111 Form 1 Instructions - Wisconsin Income...
Dec 31, 2022 — The IRS created federal Form 4255, Recapture of Investment Credit, and...
Learn more -
21.5.9 Carrybacks | Internal Revenue Service
Taxpayers compute the recapture tax on: Form 4255, Recapture of Investment Credit. Form...
Learn more -
Federal Register, Volume 85 Issue 213 (Tuesday ...
Nov 3, 2020 — Form 4255......................... Recapture of Investment Credit....
Learn more -
Proposed Collection; Comment Request for Form 1040...
Sep 30, 2019 — Form 4137, Social Security and Medicare Tax on Underreported Tip Income...
Learn more -
Department of the Treasury
... FORMS: FORM-4224. OMB NO: 1545-0166 EXPIRATION DATE: 06/30/2003 RESPS:200,000...
Learn more -
2016 Instruction 1040
Dec 15, 2016 — The Marketplace is required to send Form 1095-A by January 31 ... Form...
Learn more -
2014 Instructions for Form 1040NR
Apr 15, 2015 — Recapture of the following credits. a. Investment credit (see Form...
Learn more -
2012 Publication 504
Jan 9, 2013 — the recapture period. Form 4255, Recapture of. Investment Credit...
Learn more -
Publication 542 (Rev. January 2019)
Feb 14, 2019 — • Investment credit (see the Instructions for Form 4255). •...
Learn more -
Forest Landowners' Guide to the Federal Income Tax
Form 4255, “Recapture of Investment Credit.” Example 5-3 shows how to ... $1,000...
Learn more -
1998 Instructions for 1120/1120A
See Form 4255, Recapture of Investment. Credit, for details. Recapture of low-income...
Learn more -
Report on Tax Aspects of Farmers in Bankruptcy
by RT Turner — 54 Tax from recapture of investment credit (attach Form 4255) ... rorm...
Learn more -
2007 Instruction 1040
• Recapture of an education credit. You. However, do not use the Tax Table or...
Learn more -
Advisers guide to S corporations : tax compliance...
by GB McKeen · 2011 — the appropriate tax form (for example, Form 4255, Recapture of...
Learn more -
Attention! Although we are releasing this 1999 Tax...
Aug 24, 1999 — ... filing joint return (even if only one had income). 3. Check only one...
Learn more -
2002 Chapter 2 - Individual Taxpayer Problems
Advance earned income credit payments from Form(s) W-2. 67. Child tax credit (see ... Form...
Learn more -
2014 Publication 525
Jan 15, 2015 — Credit for Individuals, or Form 4255, Recapture of Investment Credit, for...
Learn more
Related links form
Use professional pre-built templates to fill in and sign documents online faster. Get access to thousands of forms.
Keywords relevant to Form 4255 (Rev. August 2000). Recapture Of Investment Credit
- 2000
- refiguring
- carryback
- 1990
- carryforward
- 11--see
- transferee
- recordkeeping
- carryforwards
- transferor
- K-1
- Nonconventional
- 41488C
- Lessor
- recomputation
USLegal fulfills industry-leading security and compliance standards.
-
VeriSign secured
#1 Internet-trusted security seal. Ensures that a website is free of malware attacks.
-
Accredited Business
Guarantees that a business meets BBB accreditation standards in the US and Canada.
-
TopTen Reviews
Highest customer reviews on one of the most highly-trusted product review platforms.