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AR1000TC Schedule of Tax Credits and Business Incentive Credits

AR1000TC Schedule of Tax Credits and Business Incentive Credits

 

INSTRUCTIONS: ARKANSAS SCHEDULE OF TAX CREDITS (Form AR1000TC)

 

 

To document tax credits being claimed on your Arkansas state income tax, a form AR1000TC should be filed. This document can be obtained from the website maintained by the Arizona Department of Finance and Administration.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 1: In the first blank box, enter the name of the primary taxpayer, the trust or the fiduciary filing this form.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 2: In the second blank box, enter the primary Social Security number. If you are a fiduciary, enter your federal employment identification number instead.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 3: On line 1, enter your state political contribution credit as calculated on form AR1800, a copy of which should be attached.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 4: On line 2, enter your other state tax credit as calculated on other state tax returns, a copy of which should be attached.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 5: On line 3, enter your credit for adoption expenses as documented on federal form 8839, a copy of which should be attached.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 6: On line 4, enter any phenylketonuria disorder credit as documented on state form AR113, a copy of which should be attached.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 7: To complete line 5, you will first need to document your business incentive tax credits in the section below. Lines 5A through 5C document credits for the primary taxpayer, while lines 5D through 5F document credits for their spouse if applicable. In the first box of every line, enter the appropriate business incentive credit code number as listed at the bottom of the page.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 8: In the second box, enter the federal employer identification number associated with each business incentive tax credit.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 9: In the third box, enter the amount of each business incentive tax credit.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 10: Enter the total of the amounts on lines 5A through 5F on line 5.

 

Arkansas Schedule Of Tax Credits AR1000TC Step 11: Enter the sum of lines 1 through 5 on line 6.

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