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North Carolina Tax Credit - Investing in Real Property
Extracted from PDF file 2022-north-carolina-form-nc-478l.pdf, last modified July 2020Tax Credit - Investing in Real Property
.............. == ====m=!u: •· ···=!!! .::::••==·-·-::: :• Do Not Include This Page • RI NC D(i) NORTH CAROLINA DEPARTMENT OF REVENUE Instructions For Handwritten Forms Before Sending Guidelines Do not use red ink. Use blue or black ink. Printing ,,___(8) ® Do not use dollar signs, commas, or other punctuation marks. , 1 t®I ocopies of returns. Submit originals only. Set page scaling to "none." The Auto-Rotate and Center checkbox should be unchecked. 1� Do not select "print on both sides of paper." c; ;�1 Do not mix form types. NC-478L 2020 Tax Credit for Investing in Real Property Web 7-20 DOR Use Only Legal Name (First 10 Characters) SSN or FEIN Part 1 and 2. Computation of Credit for Investing in Real Property (The credit for investing in real property was repealed effective for business activities that occurred on or after January 1, 2014. Taxpayers may continue to take the remaining installments and carryforwards of prior years’ credits by completing Parts 3 and 4.) Part 3. Computation of Amount To Be Taken in 2020 1. 7th Installment of 2013 Credit 1/7 of the 2013 Credit Amount 2. Carryforwards Portion of installment not taken from previous years 3. Credit Amount to Take in Tax Year 2020 Add Lines 1 and 2; enter here and on Form NC-478, Part 1, Line 9 Part 4. Real Property Credit History Table Tax Year Franchise , , , 2013 Credit Amount Taken in 2014 1st Franchise Income Installments Taken in 2015 2 nd Franchise 3 rd Franchise 4 th Franchise 5 th Franchise 6 th Franchise 7 th Franchise Income Taken in 2016 Income Taken in 2017 Income Taken in 2018 Income Taken in 2019 Income Taken in 2020 Income Carryforwards Taken Carryforwards to Take in Future Expired Installments , , , .00 .00 .00 , , , Income , , , .00 .00 .00
Form NC-478L
More about the North Carolina Form NC-478L Other Tax Credit
We last updated the Tax Credit - Investing in Real Property in March 2023, and the latest form we have available is for tax year 2022. 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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| 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-478L from the Department of Revenue in March 2023.
Form NC-478L 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-478L
We have a total of ten past-year versions of Form NC-478L 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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