Form RPD-41317 Solar Market Development Income Tax Credit Claim Form

Project number Amount of solar market development tax credit allowed Sch B $9 000 is available for up to 10% of the purchase and installation costs Unused solar market development tax credits may be carried forward for a maximum of ten consecutive years following the tax year for which the credit was approved (a) Tax year of previously approved credit (b) Amount of credit approved (c) Total credit claimed in previous tax years (d) Unused credit available for carry forward [(b) (c)] (a) Tax year of previously approved credit Enter the tax year for each solar market development tax credit approved in a previous tax year Attach a separate schedule if additional space is needed Enter the four digit tax year if the credit was allowed in a tax year that was a full calendar year For fiscal and short tax years enter the beginning and ending dates of the tax year For example enter 2006 if the tax year is a calendar year or enter 07/01/2006 to 06/30/2007 if the tax year is a (b) Amount of credit approved For each tax year listed in column (a) enter the total amount of credit approved for the taxpayer during that year Include only solar market development tax credits that have been reported on a previously filed (c) Total credit claimed in previous tax years For each credit amount listed in column (b) enter the total amount of credit (d) Unused credit available for carry forward from prior years Subtract column (c) from column (b) Enter the sum of all amounts in column (d) on line 3 of the current year claim form RPD 41317 1 Enter the beginning and ending date of the tax year of this claim A taxpayer who has both carry forward credit and new credit derived from a certified solar thermal or photovoltaic system during the current tax year must first apply the carry forward credit against the income tax liability The new credit is applied allowed as certified by EMNRD during the tax year of this claim Enter the sum of all amounts in the TOTAL box below and been certified for a solar market development tax credit by the Energy Minerals and Natural Resources Department (EMNRD) and wishes to claim the credit against personal or fiduciary income tax liability The solar market development tax credit may be claimed by a taxpayer who files a New Mexico personal or fiduciary income tax return for a tax year beginning on or after January 1 2006 and has purchased and installed a qualified photovoltaic or a solar thermal system after January 1 2006 but before December 31 2016 in a residence business or agricultural enterprise in New Mexico owned by that taxpayer To Calculate the total unused credit available for carry forward from prior years from claim the credit the taxpayer must attach to the personal or fiduciary income tax return a completed RPD 41317 and a copy of a letter from EMNRD certifying the system and approving the taxpayer for the credit The credit which may not exceed claimed in all tax years prior to the current tax year credit whether or not the federal credit was claimed The credit could not exceed $9 000 Enter the credit claimed on the applicable line of the New Mexico personal income tax return Form PIT 1 or the fiduciary Enter the portion of total credit available (from line 4) claimed on your current New Mexico personal or fiduciary income tax return Do not enter more than the amount of personal or fiduciary income tax due In a tax year the credit used may not exceed the amount of personal or fiduciary income tax otherwise due Also attach a completed Schedule CR Enter the project number and the amount of solar market development tax credit allowed as certified by EMNRD during the tax year of this claim Attach the EMNRD letter certi fying the solar thermal or photovoltaic system and the amount of credit allowed during the current report period If more than one project is approved in a tax year complete Schedule B and attach to this form From Schedule B enter the total amount of solar market development tax credits allowed Enter the sum of lines 2 and 3 This is the total credit available in the current tax year fiscal year For tax years beginning after December 31 2016 do not include credits approved in a tax year that is more than For each approved project in a tax year enter the project number and the amount of solar market development tax credit For each solar market development tax credit allowed attach the EMNRD letter certifying the solar thermal or photovoltaic for the applicable tax return Form RPD 41317 Solar Market Development Tax Credit Claim Form Report new credits on Form RPD 41317 line 2 if the amount of tax liability exceeds the carry forward credit amount Include Schedule A with Form RPD 41317 Solar Market Development Tax Credit Claim Form if you have unused solar market development tax credit available for carry forward from prior years Include Schedule B with Form RPD 41317 Solar Market Development Tax Credit Claim Form if you have more than one project approved during the tax year of this claim income tax return Form FID 1 The solar market development tax credit may be deducted only from the taxpayer s New Mailing address City state and ZIP code Mexico personal or fiduciary income tax liability Apply unused credit from carry forwards before applying new credit to the tax liability Credit unused in a tax year may be carried forward for a maximum of 10 consecutive tax years following the tax year in which the solar thermal or photovoltaic system was certified and the credit was approved See Schedule A Name of taxpayer Social security number NOTE: Failure to submit this form and other required attachments to your New Mexico personal or fiduciary income tax NOTE: For tax years beginning before January 1 2009 the solar market development tax credit allowed was up to 30% of the purchase and installation costs of a qualified photovoltaic or solar thermal system reduced by the allowable federal tax on line 2 of Form RPD 41317 Project No Purpose of Form Form RPD 41317 Solar Market Development Tax Credit Claim Form is used by a taxpayer who has return will result in denial of the credit Schedule A and enter here Include a copy of Schedule A from the second page of this Signature of taxpayer Date Sch A State of New Mexico Taxation & Revenue Department SOLAR MARKET DEVELOPMENT TAX CREDIT CLAIM FORM SOLAR MARKET DEVELOPMENT TAX CREDIT CLAIM FORM Schedule A SOLAR MARKET DEVELOPMENT TAX CREDIT CLAIM FORM Schedule B State of New Mexico Taxation and Revenue Department system and the amount of credit allowed Tax years beginning prior to January 1 2006 are NOT eligible From ten years prior to the current tax year Unused solar market development tax credits may not be carried forward for more than ten consecutive tax years following the tax year for which the credit was approved To apply for the credit contact the Energy Conservation and Management Division of EMNRD at (505) 476 3318 or visit their web site www cleanenergynm org For assistance completing this form or claiming the credit call (505) 476 3683 TOTAL carry forward availableEnter the sum of column (d) on line 3 on the first page of this form TOTAL credits allowed Enter the sum on line 2 on the first page of this form $ 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 from prior years