Form RPD-41282 Land Conservation Incentives Credit Claim Form

Enter the portion of total unused credit from line 1 claimed on your current New Mexico income tax return In a taxable year the credit used may not exceed the amount of individual corporate or fiduciary income tax liability otherwise due Enter the total unused land conservation incentives tax credit available in the current tax If you claimed a charitable deduction on the federal personal income tax return for the contribution of land for which credit is claimed enter the amount of the charitable deduc tion claimed on federal Form 1040 Schedule A here See the instructions year Enter the sum of column (d) If a schedule(s) is attached enter the sum of column (a) Credit number (b) Credit amount granted (c) Credit claimed in prior tax year or transferred out (d) Unused credit available for carry forward (d) all pages claim the credit the taxpayer must attach a completed Form RPD 41282 Land Conservation Incentives Tax Credit Claim Form to the tax return of the individual corporation S Corp or fiduciary Enter the credit amount claimed on the applicable line of the New Mexico income tax form PIT 1 CIT 1 S Corp or FID The Land Conservation Incentives Tax Credit may be deducted only from the claimant s New Mexico personal or corporate income tax liability Land Conservation Incentives Tax Credit Claim Form Purpose of Form Form RPD 41282 Land Conservation Incentives Tax Credit Claim Form is used by a taxpayer whose land or interest in land has been certified as eligible for treatment as a qualified donation by the Secretary of Energy Minerals and Natural Resources and who has been granted land conservation incentives tax credit by the New Mexico Taxation and Revenue Department (TRD) This form can also be used by a taxpayer who has received the land conservation incentives tax credit as the result of a transfer through a qualified intermediary and the transfer has been recorded with TRD The taxpayer or holder of the credit may use this form to claim the credit against personal or corporate income tax liability To Mail the tax return and the claim form to the address on the tax return For assistance completing this form call (505) 476 3683 Mailing address Name of contact Name of holder Phone number City state and ZIP code E mail address Social security or federal employer identification number NOTE: Failure to attach this form and other required attachments to your New Mexico income tax return will result in denial of the credit Rev 12/14/2011 RPD 41282 Signature of claimant Date State of New Mexico Taxation and Revenue Department Under penalty of perjury I declare that I have examined this claim and to the best of my knowledge and belief it is true correct and complete Worksheet to calculate the total unused credit available for carry forward