a non profit (public or private) Alaska two year or four year
a non profit agency for Alaska Native cultural/heritage programs
a school district in the state for secondary school level vocational
a state operated vocational technical education and training
an Alaska university foundation or by a non profit (public or
an institution that is located in the state and qualifies as a
the Alaska higher education investment fund under AS
$100 000 100% of the next $200 000 and 50% of the contributions
(AS 43 56 018)
0405 155 Rev 06/04/13
37 14 750
43 56 018 AS 43 65 018 AS 43 75 018 or AS 43 77 045
a regional accreditation association for direct instruction
Alaska Oil and Gas Property Tax Education Credit
Amount
and educational support including mentoring and tutoring
and museum acquisitions and contributions to endowment;
AS 21 96 070 AS 21 96 075 AS 43 20 014 AS 43 55 019 AS
Attachment F
be claimed as a credit against other Alaska taxes The taxpayer
coastal ecosystem learning center under the Coastal American
college accredited by a regional accreditation association for a
Contribution(s)
contributions accepted by
education courses programs and facilities;
Education Credit
education research rehabilitation and facilities; and
Enter 100% of the next $200 000 of contributions
Enter 50% of the contributions on line 2 that exceed $300 000
Enter lesser of line 1 or $9 800 000
facility or annual intercollegiate sports tournament;
for public school staff and for students in grades kindergarten
Form 155
GENERAL INSTRUCTIONS
Instructions for Form 155 Oil and Gas Property Tax
is a member of an affiliated group then the total amount of credit
may not claim more than $5 million for all credits claimed under
may not exceed $5 million for the affiliated group
Multiply the lesser of line 2 or $100 000 by 50%
Name of Educational Institution
Name(s) Shown On Return
Note: Contributions claimed as a credit on this return cannot
Partnership established by the federal government for
Payor
private) Alaska two year or four year college accredited by
Purpose of Form
research and educational support purposes including library
school for vocational education courses programs and facilities;
Subject to the limitations below a credit is allowed for cash
Tentative credit Add lines 3 through 5 and enter here
that exceed $300 000
The property tax education credit is limited to 50% of the first
The total allowable credit may not exceed $5 million If a taxpayer
through 12 in the state;
Total qualified contributions
Use Form 155 to calculate a property tax education credit