North Dakota Corporation Income Tax Return

Corporation Income Tax Return
Form 40 - Corporation Income Tax Return (2023)
CORPORATION INCOME TAX RETURN

Form 40

OFFICE OF STATE TAX COMMISSIONER

2023

SFN 28740 (12-2023)
Mark One:

Calendar Year January 1, 2023, through December 31, 2023

,

, 2023 and ending

Fiscal Year beginning
Have A Federal Extension? Name



Yes

If yes, must attach

Date Of Incorporation
Final Return



Yes

Federal Employer Identification Number*



No
Mailing Address

Is This A Farming Or Ranching Corporation?


City, State, ZIP Code

Yes

No

Business Code (See Instructions)

Telephone Number

No

Computation of tax liability
1. Income from (Mark the ONE circle that identifies the filing method - see instructions):



a.
Single
Corp. Entity

b.
Combined
Report Method

c.
b1.
Water's Edge
Combined Report
Method
Method Consol. Return

c1.
Water's Edge Method
Consol. Return

Round off to dollars

d.
Other

(LA) 1

2. Total additions (Enter amount from Schedule SA, line 7)

(LB) 2

3. Total subtractions (Enter amount from Schedule SA, line 16)

(LC) 3

4. North Dakota apportionable income (Subtract line 3 from the sum of lines 1 and 2)
5. Apportionment Factor (Factor from Schedule FACT or CR)
6. Income apportioned to North Dakota (Line 4 multiplied by line 5)

(LE) 5

7. Income allocated to North Dakota
8. North Dakota income (Add lines 6 and 7)

4
6
(LF) 7

less related expenses

8

9. Exemption for new and expanding business (Attach worksheet-for consolidated return, amount from Sch. CR)

(CL) 9

10. Renaissance zone income exemption (Amount from Sch. RZ - for consolidated return, amount from Sch. CR)
11. North Dakota income after income exemptions (Subtract lines 9 and 10 from line 8)

(RE) 10

12. North Dakota loss carryforward (Attach worksheet - for consolidated return, amount from Sch. CR)
13. Subtotal (Subtract line 12 from line 11)

(LH) 12

14. Gross proceeds allocated to North Dakota from sale of research tax credit (See instructions)
15. North Dakota taxable income (See instructions)

(EF) 14

16. Income tax due (See rates below)
17. Surtax on water's edge method election (3.5% of line 15 - Water's edge filers only)

(EE) 16
(ST) 17

18. Total income tax due (Add lines 16 and 17)
19. Tax credits (Enter amount from Schedule TC, line 25)

(AZ) 19

11
13
(LI) 15

(LJ) 18

Balance due or overpayment
20. Net income tax liab. (Subtract ln. 19 from ln. 18) (Corp. filing a consol. rtn., enter amt. from Sch. CR, Part 1, ln. 20a)

20

(LN) 21

21. 2023 Estimated income tax payments and payment with extension
22. North Dakota income tax withheld on oil and gas royalties (Attach 1099-MISC)
23. Total payments and amount withheld (Add lines 21 and 22)

(LW) 22
23

24. If line 20 is greater than line 23, enter difference as BALANCE DUE (Enter $0 if less than $5) (LR) 24
(LQ) 24a
a. Interest and penalty for balance due on line 24
(UT) 24b

b. Interest on underpayment of estimated tax (Attach Form 40-UT)
c. Total payment due (Add lines 24, 24a, and 24b - Pay to ND State Tax Commissioner)

24c

25. If line 23 is greater than line 20, enter difference less line 24b, as OVERPAYMENT
(Enter $0 if less than $5)

(LV) 25
(AI) 25a

a. Amount of line 25 to be credited to 2024 estimated tax (Minimum $5)
b. Amount of line 25 to be REFUNDED (Subtract line 25a from line 25) (No refund under $5)
I declare that this return is correct and complete to the best of my knowledge and belief.
Date

Signature Of Officer

Title

Date

Signature Of Preparer

Address

25b

*Privacy Act Notice - See instructions

FEIN

Mail to: Office of State Tax Commissioner, 600 E. Boulevard Ave., Dept. 127, Bismarck, ND 58505-0599
Tax Rate Table

$
0 to $ 25,000 . . . . . . . . . . . 1.41% of North Dakota Taxable Income
$ 25,000 to $ 50,000 . . . . $ 352.50 + 3.55% of amount over $ 25,000
$ Over 50,000 . . . . . . . . . . $ 1,240.00 + 4.31% of amount over $ 50,000



CIT



I authorize the
North Dakota
Office of State
Tax Commissioner
to discuss this
tax return with
the preparer.

PLEASE DO NOT WRITE IN THIS SPACE

2023 Form 40
SFN 28740 (12-2023), Page 2
Schedule SA: Statutory adjustments
This schedule is to be used by all corporations regardless of filing method.

Additions
1. Federal net operating loss deduction (Federal Form 1120, line 29a)

(CA) 1

2. Special deductions (Federal Form 1120, line 29b)

(CB) 2

3. All income taxes, franchise or privilege taxes measured by income

(CC) 3

4. Interest on state and local obligations (Excluding North Dakota obligations)

(CF) 4

5. Contribution to endowment fund credit adjustment

(CD) 5

6. Other additions (Attach worksheet)

(CG) 6

7. Total additions (Add lines 1 through 6. Enter amount here and on page 1, line 2)

7

Subtractions
8. Tax refunds received in 2023 (Attach worksheet)

(CH) 8

9. Foreign Derived Intangible Income Deduction (See instructions)

(CJ) 9

10. Interest on United States obligations (Attach statement regarding obligations)

(CI) 10

11. Allocable income (Attach worksheet)

(LS) 11

12. Related expenses (Attach worksheet)

(LT) 12

13. Balance (Subtract line 12 from line 11)

(LD) 13

14. IC-DISC distribution to a non-corporate owner (See instructions)

(CM) 14

15. Others subtractions (Attach worksheet)

(CO) 15

16. Total subtractions (Add lines 8, 9, 10, 13, 14 and 15. Enter amount here and on page 1, line 3)

16

The following questions must be answered

Yes

1. Has the IRS issued a Final Determination that affects a previously filed North Dakota return
that has not been reported to North Dakota?

1

2. Is this return for a tax-exempt organization required to report unrelated business taxable income?




3. Is this return for a foreign corporation filing Federal Form 1120-F that does not have an office or
place of business in the United States?



3

4. Has this corporation filed as a cooperative, a Foreign Sales Corporation, or a Domestic International
Sales Corporation for federal purposes?



4

5. Is this return for an entity, or does the return include an entity, that filed a Financial Institution Tax return
(Form 35) for 2012? If yes, mark the circle to indicate if this is an S corporation. 



5

6. Does this corporation use the combined report method in any other states? If yes, attach a statement
showing all states where the combined report method is used



6

7. Does this corporation file its federal income tax return as a member of a
consolidated group? If yes, please enter the Federal Employer I.D. No.
(AM)
under which the consolidated return is filed.



7



8

8. Does the numerator of the apportionment factor on page 1, line 5 include the property, payroll and/or sales
of more than one corporation required to file in this state? If yes:
Filing method circle on page 1, line 1 must have been marked b1 or c1.
How many corporations are included in the numerator?

2



Complete North Dakota Schedule CR, Parts I, II and III reporting the activities of
each company apportioning income to North Dakota.
9. If this return is filed using the water's edge method, indicate which year of the five-year election this
return represents. (List number: 1 through 5) 
10. Is this a limited liability company?

 10

11. Are any single member LLC's with business activity or apportionment factors in North Dakota that are
treated as disregarded entities included in this return? (If yes, attach schedule with names and FEIN)

 11

12. Is this corporation or any of its affiliates included in this return a captive real estate investment trust
(REIT)? (If yes, attach schedule with names and Federal I.D. numbers of all captive REITS)

12

13. Has this corporation changed names, been involved in a merger, reorganization or
takeover during this tax year? If so, provide former name and details of change.



(former name)

No

2023 Form 40
SFN 28740 (12-2023), Page 3
Schedule FACT: Apportionment factor for corporations NOT filing a
consolidated North Dakota return
This schedule is for corporations that are NOT filing a consolidated North Dakota return, i.e., corporations
using filing method a, b, c, or d on page 1, line 1.
Corporations that are filing a consolidated North Dakota return—i.e., corporations using filing method b1 or
c1 on page 1, line 1— must use Schedule CR, Part II, on page 7. Do not use this schedule.
If a sales factor weighting election applies, skip lines 1-8 and complete lines 9-12, 15 and 16.

Property factor: Average value at original cost of
real and tangible personal property.

2. North Dakota

1. Total

1. Inventories

1

(Use 6-digit
decimal only)

2. Buildings and other fixed depreciable assets

2

3. Depletable assets

3

4. Land

4

5. Other assets (Attach detail)

5

6. Rented property (Annual rental x 8)

6

(BL)

(BH) 7

(BA)

(BJ) 8

(BC)

7. Total property (Add lines 1 through 6)

3. Factor

(North Dakota
divided by Total
= Factor)

Payroll factor:
8. Wages, salaries, commissions, and other
compensation of employees

Sales factor:
9. Gross receipts or sales (less returns and
allowances, if applicable)

9

10. Sales delivered, shipped, or assignable to North Dakota destinations
11. Sales shipped from North Dakota to the U.S. Government,
or to purchasers in a state or foreign country where the taxpayer
was not subject to a tax measured by net income
12. Total sales (Add lines 9 through 11)

(BM) 10

11
(BE)

(BK) 12

13. Sum of factors (Add factors in column 3, lines 7, 8 and 12)

13

14. Apportionment factor—If a sales factor weighting election applies, skip this line and go to line 15.
Otherwise, divide line 13 by the number of factors having an amount greater than zero in column 1
on lines 7, 8, and 12. Enter factor here and on page 1, line 5

14

Sales factor weighting election—If a sales factor weighting election applies, skip lines 1-8 and
complete lines 15 and 16. See instructions.
15. a. Sales factor weighting election (Mark circle)

(BS)

b. Year of election period (1-5)

16. Apportionment factor—Enter the amount from line 12, column 3. Enter factor here and on
page 1, line 5

(BO)

16

2023 Form 40
SFN 28740 (12-2023), Page 4
Schedule TC: Tax credits
This schedule is to be used by all corporations to report the total allowable credit(s) regardless of filing method.
Corporations filing a consolidated North Dakota tax return, i.e., those corporations using filing method b1 or c1 on page 1,
line 1, report each corporation's separate credits on Schedule CR, Part I, line 19 under each corporation's separate column,
and on Schedule CR, Part III - Tax Credits.
If a credit is being claimed on lines 6-14, 16-18, or 22, a property tax clearance is required for each county the corporation has 50% or
more interest in real property in North Dakota. The tax clearance requirement also applies to any officer responsible for the
corporation's state tax filing or payment obligations. Failure to attach a copy of the property tax clearance for each county
identified below may result in a credit being disallowed. See instructions for details.
Yes
No If yes, enter county name(s)
Does this requirement apply?
County name(s): _____________________________________________________________________
1. Contributions to nonprofit private colleges credit

(GS)
(LK) 1

2. Contributions to nonprofit private high schools credit

(LL) 2

3. Contributions to nonprofit private primary schools credit

(EL) 3

4. Geothermal, solar, wind, biomass energy device credits carried forward (Attach worksheet)

(LM) 4

5. Employment of individuals with developmental disabilities or severe mental illness credit

(LX) 5

6. Research and experimental expenditure credits generated by taxpayer (Attach worksheet)

(LY) 6

7. Research and experimental expenditure credits purchased by taxpayer (Attach worksheet)

(TO) 7

8. Renaissance Zone credits (Enter amount from Schedule RZ and attach)

(RC) 8

9. Biodiesel or green diesel fuel production credit (Attach worksheet)

(LO) 9

10. Soybean and canola crushing equipment costs credit (Attach worksheet)

(TB) 10

11. Seed capital business investment credit (Attach documentation)

(TS) 11

12. Biodiesel or green diesel fuel blending credit (Attach worksheet)

(TD) 12

13. Biodiesel or green diesel fuel sales equipment costs credit (Attach worksheet)

(TF) 13

14. Agricultural commodity processing facility investment credit (Attach documentation)

(TE) 14

15. Endowment fund contribution credit (Attach documentation)

(TG) 15

16. Internship employment credit (Attach worksheet)

(TI) 16

17. Angel fund investment credit prior to July 1, 2017 carried forward (Attach documentation)

(TJ) 17

18. Workforce recruitment credit (Attach worksheet) Number of qualified employees hired (TT)________ (TW) 18
19. Wages paid to a mobilized military employee credit (Attach Schedule ME)

(TQ) 19

20. Housing Incentive Fund credit carried forward (Attach documentation)

(TU) 20

21. Maternity home, child placing agency, or pregnancy help center tax credit (Attach Sch. MCP)

(XA) 21

22. Automation tax credit (See instructions)

(TZ) 22

23. Contributions to Rural Leadership ND scholarship tuition program credit

(TY) 23

24. Apprentice tax credit (Attach worksheet)

(XB) 24

25. Total tax credits (Add lines 1 through 24. Enter amount here and on page 1, line 19)

25

Schedule WW: Combined report method income schedule
This schedule is to be used by all corporations using filing methods b or b1 on Page 1, Line 1.
1. Federal taxable income (Consolidated Federal Form 1120, line 30)
2. Taxable income or loss included on line 1 from nonunitary corporations (Attach worksheet)
3. Balance (Subtract line 2 from line 1)
4. Taxable income or loss not included on line 1 from unitary U.S. corporations required to file
a federal income tax return (Attach worksheet)

(LP) 1
(WN) 2
3
(WU) 4

5. Book income before income taxes of unitary foreign corporations (Attach worksheet)

5

6. Optional: Book to tax reconciliation (Attach worksheet)

6

7. Subtotal (Add lines 5 and 6)

(WF) 7

8. Income or loss from Foreign Sales Corporations, Interest Charge DISCs, and affiliated corporations
incorporated in a Possession of the U.S. (Attach worksheet)

8

9. Intercompany eliminations for members of the unitary group (Attach worksheet)

9

10. Total income (Add lines 3, 4, 7, and 8, and then subtract line 9 from result. Enter amount
here and on Form 40, page 1, line 1, and mark circle b or b1 on page 1, line 1)

(WW) 10

2023 Form 40
SFN 28740 (12-2023), Page 5
Schedule WE: Water's edge method income schedule
1. Federal taxable income (Consolidated Federal Form 1120, line 30)

Worksheets
containing
details of lines 2
through 7 and
10 are required

(LZ) 1

2. Income or loss not included in line 1 from affiliated U.S. corporations required to
file a federal income tax return (Attach worksheet)

2

3. Total income or loss from Foreign Sales Corporations, Interest Charge DISCs,
affiliated corporations incorporated in a Possession of the U.S., and includable
foreign affiliates (Attach worksheet)

3

4. Reversal of intercompany eliminations between water's edge corporations and
non-water's edge corporations (Attach worksheet)

4

5. Intercompany eliminations for water's edge group corporations (Attach worksheet)

5

6. Total foreign dividends included in lines 1 through 4 (Attach worksheet)

6

7. Taxable income or loss included on lines 1 or 2 from 80/20 corps. (Attach worksheet) 7
8. Balance (Add lines 1 through 4, and then subtract lines 5, 6 and 7 from result)

8

9. Foreign dividends to be included in water's edge income (Multiply line 6 by 30%)

9

10. Total net book income of 80/20 corporations (Attach worksheet)

10

11. Net book income of 80/20 corporations to be included in water's edge income
(Multiply line 10 by 30%)

11

12. Total water's edge income (Add lines 8, 9, and 11. Enter amount here and on Form 40,
page 1, line 1, and mark circle c or c1 on page 1, line 1)

(WE) 12

Water's edge method election instructions
A corporation required to file its North Dakota
return using the worldwide unitary combined
report method must do so unless it elects to
apportion its income using the water's edge
method.
A corporation elects the water's edge method
by marking the circle entitled "Water's Edge
Method" (c or c1) on page 1, line 1, for the first
year of a five-year election.
• An election must be made on the return as
originally and timely filed.

• Marking the circle for a sixth year is a new
five-year election.

• Any affiliated unitary foreign or domestic
corporation that has income from North
Dakota sources and is excluded from the
water's edge group because it has less
than twenty percent of its average
property and payroll inside the U.S. is
covered by the water's edge election and
must file its water's edge return computing
its income based on its single company pro
forma federal taxable income.

• If an election is not made for year six, the
prior five-year election period lapses, and
the filing method would be the worldwide
unitary combined report method.

A corporation electing the water's edge method
must include only the apportionment factors
and statutory adjustments of the water's edge
group.

• Returns for years two through five are then
required to be filed under the water's edge
method, and circle c or c1 should be marked
for each year.
• Marking the circle for years two through five
does NOT constitute new, rolling five-year
elections.

Schedule WE general definitions
"Water's edge group" includes a U.S. parent
corporation, affiliated corporations incorporated
in the U.S. (excluding 80/20 corporations),
affiliated corporations incorporated in a
possession of the U.S., IC DISCs, FSCs, export
trade corporations and foreign affiliated
corporations which meet a defined minimum of
U.S. activity.
"Affiliated corporation" means a parent
corporation and any corporation of which more
than fifty percent of the voting stock is owned
directly or indirectly by the parent corporation
or another member of the water's edge group.
"Reversal of intercompany eliminations
between water's edge corporations and
80/20 corporations" means the reversal of
eliminations made between water's edge
corporations and 80/20 corporations that are
included in the federal consolidated return.
Dividends, interest, royalties, capital gains and
losses, intercompany profit on sales, etc.
between water's edge corporations and 80/20
corporations that have been eliminated in
preparing the consolidated federal return must
be reversed.

"Intercompany eliminations for water's
edge group corporations" are eliminations of
intercompany transactions between companies
included in the water's edge group.

amount of global intangible low taxed income
under IRC section 951A is considered a foreign
dividend. IRC section 78 gross up is not a
foreign dividend.

"80/20 corporation" is a corporation that is
incorporated in the U.S., is eligible to be
included in the federal consolidated return as
defined in N.D.C.C. § 57-38.4-01(5) and has 20
percent or less of its average property and
payroll for the tax year assigned to locations
inside the fifty states, the District of Columbia,
and possessions of the United States.

"Net book income of an 80/20
corporation" means net book income after
taxes for financial statement purposes.
However, a corporation's net book income
cannot be offset by a net book loss from
another 80/20 corporation.

"Foreign dividends" means any dividend
received by a member of the water's edge group
from any affiliated corporation incorporated
outside the fifty states and District of Columbia,
including amounts included in income computed
under sections 951 through 954 of the Internal
Revenue Code (IRC) of 1986, as amended. The

"Rescission of a water's edge election". A
corporation's water's edge election is rescinded
if:
• It has had more than 50% of its voting
stock acquired by a nonaffiliated
corporation;
• It was formed as the result of a
reorganization or spinoff and is no longer a
member of the water's edge group; or
• It is completely liquidated. The water's
edge election of any corporation receiving
liquidated assets is not affected.

Additional Information Regarding The Water's Edge Method Is Contained In N.D.C.C. ch. 57-38.4 and N.D. Admin. Code ch. 81-03-05.2

2023 Form 40
SFN 28740 (12-2023), Page 6
Schedule CR, Part I: Computation of tax due for corporations included in a North Dakota consolidated return
Corporation
List corporations
apportioning income to
North Dakota with a
factor greater than -0first. Also list each
company it declares to
have filed a North
Dakota tax return. See
instructions.

Name of corporation

Federal Employer I.D.

A





B





C




Corporation A

Corporation B

Corporation C

______________
(name)

______________
(name)

______________
(name)

______________
FEIN

______________
FEIN

______________
FEIN

______________ ______________ ______________
Business Code

4. North Dakota apportionable income (Enter amount in
Columns A, B & C from Form 40, page 1, line 4)

(CX) 4

5. Apportionment factor (Enter factor from Part II, line 14 or 16)

(LE) 5

6. Income apportioned to North Dakota (Line 4 multiplied by line 5)
7. Income allocated to North Dakota $ ______________ less
related expenses $ ______________
8. North Dakota income (Add lines 6 and 7)

Business Code

Business Code

6

(LF) 7
8

9. Exemption for new and expanding business (Attach worksheet)

(CL) 9
(RE) 10

10. Renaissance zone income exemption
11. ND income after income exemptions (Subtract lines 9 and 10
from line 8)
12. North Dakota loss carryforward (Attach worksheet)
13. Subtotal (Subtract line 12 from line 11)

11
(LH) 12
13

14. Gross proceeds allocated to ND from sale of research tax
credit (See instructions)

(EF) 14

15. North Dakota taxable income (See instructions)

(LI) 15

16. Income tax due (See tax rate table on Form 40, page 1)

(EE) 16

17. Surtax on water's edge method election (3.5% of line 15)

(ST) 17

18. Total income tax due (Add lines 16 and 17)

(LJ) 18

19. Tax credits (Enter each company's credits from Schedule CR,
Part III, line 25)

(AZ) 19

20. Net income tax liability (Subtract line 19 from line 18)

20

a. Net income tax due (Add amounts on line 20, for all corporations. Enter total here and on
page 1, line 20 and complete lines 21 through 23, on page 1)

(GA) 20a

Instructions for consolidated return using the combined report method
All corporations filing a consolidated
North Dakota return (i.e. unitary groups
including more than one company on this
return) must complete the three parts of
Schedule CR and attach the completed
schedule to Form 40 when filed.
Space has been provided for three
corporations (corporations A, B & C)
having activity within North Dakota. If

space is needed for additional
corporations having activity within North
Dakota, additional copies of Schedule CR
can be obtained by photocopying both
parts of this original schedule or by
printing additional copies from our
website at www.tax.nd.gov/forms.
Complete page 1, lines 1-4 before
starting to complete Schedule CR,
part I.

Schedule CR has been designed so the
instructions for Form 40 in the booklet
also apply to the line numbers on
Schedule CR. For example, the
instructions for page 1, lines 5-20 also
apply to Schedule CR, part I, lines 5-20.
After completing Schedule CR, part I,
total lines 5 through 19 and enter each
total on the corresponding line on
page 1.

2023 Form 40
SFN 28740 (12-2023), Page 7
Schedule CR, Part II: Computation of factor for corporations filing a North Dakota
consolidated return
All Combined
Corporations

Note: When dividing numbers, carry the result
out to six decimal places. If a sales factor
weighted election applies, skip lines 1-8 and
complete lines 9-12, 15 and 16.

Property Factor:
Average value at original cost of real and
tangible personal property

Corporation A

Corporation B

Corporation C

______________
(Name)

______________
(Name)

______________
(Name)

______________
FEIN

______________
FEIN

______________
FEIN

Everywhere
Average Property

North Dakota Average Property

1. Inventories

1

2. Buildings and other depreciable assets

2

3. Depletable assets

3

4. Land

4

5. Other assets (Attach detail)

5

6. Rented property (Annual rent x 8)

6

(BL)

(BH) 7

(BA)

7. Total average property
(Add lines 1 through 6)

7a

a. Property factor (Divide ND property by Everywhere property)

7b

b. Total property factor (Add amounts on line 7a, columns A, B, and C)
Payroll Factor:
Wages, salaries, commissions and other
compensation of employees
8. Payroll

North Dakota Payroll

Everywhere Payroll
(BJ) 8

(BC)
8a

a. Payroll factor (Divide ND payroll by Everywhere payroll)

8b

b. Total payroll factor (Add amounts on line 8a, columns A, B, and C)
Sales Factor:
Gross receipts or sales (less returns and allowances,
if applicable)

Everywhere Sales

9. Everywhere sales

10. Sales delivered, shipped, or assignable to ND destinations

(BM) 10

11. Sales shipped from ND to the U.S. Government, or to
purchasers in a state or foreign country where the taxpayer
was not subject to a tax measured by net income
12. Total sales (Add lines 9 through 11)

North Dakota Sales

9

11
(BE)

(BK) 12

a. Sales factor (Divide ND sales by Everywhere sales)

12a
12b

b. Total sales factor (Add amounts on line 12a, columns A, B, and C)
13. Sum of the factors (Add lines 7a, 8a and 12a)

13

14. Apportionment factor—If a sales factor weighting election
applies, skip lines 14 and 14a and go to line 15. Otherwise,
divide line 13 by the number of factors having an amount greater
than zero in the Everywhere column on lines 7, 8, and 12.
Enter factor here and on Schedule CR, Part I, line 5

14

a. Total factor (Add amounts on line 14, columns A, B, and C). Enter result here and on page 1, line 5

14a

Sales factor weighting election—If a sales factor weighting election applies, skip lines 1-8 and complete lines 15a-16a.
See instructions.
15. a. Sales factor weighting election (Mark circle)

(BS)

16. Apportionment factor- Enter the amount from line 12a.
Enter the factor here and on Schedule CR, Part I, line 5

b Year of election period (1-5)

(BO)________

16

a. Total factor (Add amounts on line 16, columns A, B, and C). Enter result here and on page 1, line 5

16a

2023 Form 40
SFN 28740 (12-2023), Page 8
Schedule CR, Part III: Tax credits for corporations filing a North Dakota consolidated
return using the combined report method
If a credit is being claimed on lines 6-14, 16-18, or 22, a property tax
clearance is required for each county the corporation has 50% or more interest
in real property in North Dakota. The tax clearance requirement also applies to
any officer responsible for the corporation's state tax filing or payment
obligations. Failure to attach a copy of the property tax clearance for
each county identified below may result in a credit being disallowed.
See instructions for details. Does this requirement apply?
Yes
No
If yes, enter county name(s).
County name(s): ___________________________________________ (GS)

1. Contributions to nonprofit private colleges credit

(LK) 1

2. Contributions to nonprofit private high schools credit

(LL) 2

3. Contributions to nonprofit private primary schools credit

(EL) 3

4. Geothermal, solar, wind, biomass energy device credits
carried forward (Attach worksheet)

(LM) 4

5. Employment of individuals with developmental disabilities or
severe mental illness credit

(LX) 5

6. Research and experimental expenditure credits generated by
taxpayer (Attach worksheet)

(LY) 6

7. Research and experimental expenditure credits purchased
by taxpayer (Attach worksheet)

(TO) 7

8. Renaissance Zone credits (Enter amount from Schedule RZ
and attach)

(RC) 8

9. Biodiesel or green diesel fuel production credit (Attach worksheet)

(LO) 9

10. Soybean and canola crushing equipment costs credit
(Attach worksheet)

(TB) 10

11. Seed capital business investment credit (Attach documentation)

(TS) 11

12. Biodiesel or green diesel fuel blending credit (Attach worksheet)

(TD) 12

13. Biodiesel or green diesel fuel sales equipment costs credit
(Attach worksheet)

(TF) 13

14. Agricultural commodity processing facility investment credit
(Attach documentation)

(TE) 14

15. Endowment fund contribution credit (Attach documentation)

(TG) 15

16. Internship employment credit (Attach worksheet)

(TI) 16

17. Angel fund investment credit prior to July 1, 2017 carried
forward (Attach documentation)

(TJ) 17

18. Workforce recruitment credit (Attach worksheet)
a. Number of qualified employees hired (TT)_____________

(TW) 18

19. Wages paid to a mobilized military employee credit
(Attach Sch. ME)

(TQ) 19

20. Housing incentive fund credit carried forward
(Attach documentation)

(TU) 20

21. Maternity home, child placing agency, or pregnancy help center
tax credit (Attach Sch. MCP)

(XA) 21

22. Automation tax credit (See instructions)

(TZ) 22

23. Contributions to Rural Leadership ND scholarship tuition program
credit

(TY) 23

24. Apprentice tax credit (Attach worksheet)

(XB) 24

25. Total tax credits (Add lines 1 through 24. Enter amount here
and on page 1, line 19)

25

Corporation A

Corporation B

Corporation C

__________
(name)

__________
(name)

__________
(name)

__________
FEIN

__________
FEIN

__________
FEIN