North Carolina Tax Credit - Creating New Jobs
Form NC-478A (Obsolete) is obsolete, and is no longer supported by the North Carolina Department of Revenue.
Extracted from PDF file 2016-north-carolina-form-nc-478a.pdf, last modified November 2011Tax Credit - Creating New Jobs
2011 Tax Credit Creating New Jobs NC-478A Web 11-11 North Carolina Department of Revenue Legal Name (First 10 Characters) NAICS Code of Primary Business SSN or FEIN Part 1. Computation of Credit Amount for Jobs Created in 2008 For most taxpayers, the credit for creating new jobs expired for jobs created on or after January 1, 2007. Taxpayers who created jobs prior to January 1, 2007 may continue to take the remaining installments and carryforwards of prior years’ credits by completing Parts 2 and 3. (See the instructions for NC-478A for exceptions to the sunset and further instructions.) 1. Number of additional full-time employees in N.C. in 2007 2. Number of positions included in Line 1 that are at this establishment E L . B A C I L P P A 3. Credit amount for each new job if establishment is in a development or agrarian growth zone Enter amount for applicable tier Tier 1 $16,500 Tier 2 $8,000 NOT Tier 3 $7,000 Tier 4 $5,000 Tier 5 $4,500 00 4. Credit amount for each new job if establishment is not in a development or agrarian growth zone Enter amount for applicable tier Tier 1 $12,500 Tier 2 $4,000 Tier 3 $3,000 Tier 4 $1,000 .00 Tier 5 $500 .00 .00 5. Credit Amount for Jobs Created at this Establishment in 2007 Multiply Line 2 by Line 3 or Line 4, whichever is applicable; enter here and in the Credit History Table in Part 3 6. Amount of each future installment Divide Line 5 by the number 4 (Credit is taken in 4 installments) Part 2. Computation of Amount To Be Taken in 2011 1. 4th Installment of 2007 Credit 1/4th of 2007 credit amount 2. Carryforwards Portion of installments not taken for tax years 2002-2006 3. Credit Amount to Take in Tax Year 2011 Add Lines 1 and 2; enter here and on Form NC-478, Part 1, Line 1a Franchise , , , , , , Income .00 .00 .00 , , , , , , .00 .00 .00 File with NC-478 Page 2 Name NC-478A Web, 11-11 SSN or FEIN Part 3. Jobs Credit History Table Tax Year 2007 Highest Number of Full-time Employees in NC During Year Credit Amount Taken in 2008 1 st Franchise Income Installments Taken in 2009 2 nd Franchise Income Taken in 2010 3rd Franchise Income Taken in 2011 4 th Carryforwards Taken Carryforwards to Take in Future Expired Installments Franchise Income
Form NC-478A (Obsolete)
More about the North Carolina Form NC-478A (Obsolete) Other Tax Credit
Obsolete
We last updated the Tax Credit - Creating New Jobs in April 2021, and the latest form we have available is for tax year 2016. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the North Carolina Department of Revenue. You can print other North Carolina tax forms here.
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TaxFormFinder has an additional 44 North Carolina income tax forms that you may need, plus all federal income tax forms.
Form Code | Form Name |
---|---|
Form NC-5 | Withholding Return |
Form NC-478I (Obsolete) | Tax Credit for Research and Development |
Form NC-478G | Tax Credit - Investing in Renewable Energy Property |
Form NC-478 | Summary of Tax Credits Limited to 50% of Tax |
Form NC-BN | Out-of-Business Notification |
View all 45 North Carolina Income Tax Forms
Form Sources:
North Carolina usually releases forms for the current tax year between January and April. We last updated North Carolina Form NC-478A (Obsolete) from the Department of Revenue in April 2021.
Form NC-478A (Obsolete) is a North Carolina Other form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
Historical Past-Year Versions of North Carolina Form NC-478A (Obsolete)
We have a total of six past-year versions of Form NC-478A (Obsolete) in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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