Enlarge image | Clear Form STATE OF HAWAII—DEPARTMENT OF TAXATION FORM CREDIT FOR SCHOOL REPAIR AND TAX YEAR (REV.N-3302020) MAINTENANCE Or fiscal year beginning _________________, 20___, and ending __________________, 20____ 20__ ATTACH TO FORM F-1, N-11, N-15, N-20, N-30, N-35, N-40, OR N-70NP Name(s) as shown on tax return SSN or FEIN DEPARTMENT OF EDUCATION CERTIFICATE (Completed by the Department of Education only) 1. Name 2. SSN/FEIN 3. Address (Number and street, including apartment number or rural route, city, state, and postal/zip code) 4. Value of the contributed in-kind services 5. Date contribution made $ 6. Contractor is licensed under: 7. Contractor’s or RME’s License No. 8. Dept. of Taxation Tax Clearance Chapter 444, HRS Certificate obtained (see Instructions) Chapter 460J, HRS Yes Chapter 464, HRS No (see Instructions) This is to certify that the contractor above has contributed in-kind services in accordance with Act 213, Session Laws of Hawaii 2004. Signature of Certifying Officer Date of Certification Type or Print Name and Title COMPUTATION OF TAX CREDIT (Completed by Taxpayer) Note: If you are only claiming your distributive share(s) of a credit distributed from a partnership, an S corporation, an estate, or a trust, skip lines 9 through 10 and begin on line 11. 9. Enter the certified value from line 4 or $40,000, whichever is less (see Instructions) ................................ 9 10. Multiply line 9 by 10% (.10) and enter result here ...................................................................................... 10 11. Flow through of credit for school repair and maintenance received from other entities, if any: Check the applicable box below. Enter the name and Federal Employer I.D. No. of Entity: _________________________________________________________________________________ a Partner — enter the appropriate amount from Schedule K-1 (Form N-20) .................................... b S Corp. — enter the appropriate total from Schedule K-1 (Form N-35) ......................................... c Beneficiary — enter the appropriate amount from Schedule K-1 (Form N-40) .............................. d Patron — enter the amount from federal Form 1099-PATR ............................................................ 11 12. Total New Credit Claimed — Add lines 10 and 11. Also enter this amount on Schedule CR in Column (a) of the appropriate line for this credit ....................................................................................... 12 Note: Form N-20 and N-35 filers, enter the amount on line 12 on the appropriate lines of Form N-20, Schedule K or Form N-35, Schedule K; skip lines 13 through 19. Form N-40 filers, see the instructions. 13. Carryover of unused credit for school repair and maintenance from prior year ......................................... 13 14. Add lines 12 and 13 and enter the total here. This represents your tentative current year credit for school repair and maintenance ................................................................................................................. 14 (Continued on back) FORM N-330 N330_I 2020A 01 VID01 ID NO 01 |
Enlarge image | Form N-330 (REV. 2020) Page 2 Adjusted Tax Liability Limitations (Not to be completed by Form N-20 and Form N-35 filers) 15. Enter your Adjusted Income Tax Liability, after applying refundable credits, from the applicable Form N-11, N-15, N-30, N-40 or N-70NP .................................................................................. 15 16. If you are claiming other nonrefundable credits, complete the credit worksheet in the Instructions and enter the total here. If you are not claiming other nonrefundable credits, enter zero.................................. 16 17. Line 15 minus line 16. This represents your remaining tax liability. If the result is zero or less than zero, enter zero .................................................................................................................................. 17 18. Total Credit Applied — Enter the smaller of line 14 or line 17. This is your credit for school repair and maintenance to be applied to this tax year. Also, enter this amount on Schedule CR in Column (b) of the appropriate line for this credit. ...................................................................................... 18 19. Unused Credit to Carryover — Line 14 minus line 18. This represents your current year’s carryover of unused credit. The amount of any unused credit may be carried over and used as a credit against your tax liability in subsequent years until exhausted. If this amount is more than zero, also enter this on Schedule CR in Column (c) of the appropriate line for this credit ................................. 19 FORM N-330 |