EFTA01222675.pdf

Fo. 3468 Investment Credit e Attach to your tax return. OMB No. 1545-0155 2018 Depenment of the Treasury Attachment Internal Revenue Sevce (99) P Go to winvirs.gov/Form3468 for instructions and the latest Information. Sequence No. 174 Name(s) shown on return Identifying number Part I Information Regarding the Election To Treat the Lessee as the Purchaser of Investment Credit Property If you are claiming the investment credit as a lessee based on a section 48(d) (as in effect on November 4, 1990) election, provide the following information. If you acquired more than one property as a lessee, attach a statement showing the information below. 1 Name of lessor 2 Address of lessor 3 Description of property 4 Amount for which you were treated as having acquired the property ► $ Part II Qualifying Advanced Coal Project Credit, Qualifying Gasification Project Credit, and Qualifying Advanced Energy Project Credit 5 Qualifying advanced coal project credit (see instructions): a Qualified investment in integrated gasification combined cycle property placed in service during the tax year for projects described in section 48AftiX3RBffff x 20% (0.20) J 5a I b Qualified investment in advanced coal-based generation technology property placed in service during the tax year for projects described in section 48A(d)(3ffE)(ii) x 15% (0.15) j 5b c Qualified investment in advanced coal-based generation technology property placed in service during the tax year for projects described in section 48A(d)(3X8)(iii) x 30% (0.30) Sc I d Total. Add lines 5a, 5b, and 5c 6 Qualifying gasification project credit (see instructions): a Qualified investment in qualified gasification property placed in service during the tax year for which credits were allocated or reallocated after October 3, 2008, and that includes equipment that separates and sequesters at least 75% of the project's carbon dioxide emissions x 30% (0.30) 16a b Qualified investment in property other than in a above placed in service during the tax year $ x 20% (0.20) I 66 I c Total. Add lines 6a and 6b 16c 7 Qualifying advanced energy project credit (see instructions): Qualified investment in advanced energy project property placed in service during the tax year $ x 30% (0.30) F 7 8 Reserved for future use 8 9 Enter the applicable unused investment credit from cooperatives (see instructions) 9 10 Add lines 5d, 6c, 7, and 9. Report this amount on Form 3800, Part Ill, line la 10 For Paperwork Reduction Act Notice, see separate Instructions. Form 3468 (2018) EFTA01222675 Form 3468 (2018) Page 2 ligaiWI Rehabilitation Credit and Energy Credit 11 Rehabilitation credit (see instructions for requirements that must be met): a Check this box if you are electing under section 47(d)(5) to take your qualified rehabilitation expenditures into account for the tax year in which paid (or, for self-rehabilitated property, when capitalized). See instructions. Note: This election applies to the current tax year and to all later tax years. You may not revoke this election without IRS consent ► ❑ b Enter the dates on which the 24- or 60-month measuring period begins and ends c Enter the adjusted basis of the building as of the beginning date above (or the first day of your holding period, if later) d Enter the amount of the qualified rehabilitation expenditures incurred, or treated as incurred, during the period on line 11b above Enter the amount of qualified rehabilitation expenditures and multiply by the percentage shown: e Pre-1936 buildings under the transition rule (see instructions) $ x 10% (0.10) 11e f Certified historic structures under the transition rule (see instructions) $ x 20% (0.20) 11f g Certified historic structures with expenditures paid or incurred after 2017 and not under the transition rule (see instructions) $ x 4% (0.04) 11g Note: This credit is allowed for a 5-year period beginning in the tax year that the qualified rehabilitated building is placed in service. For properties identified on line 11f or 11g, complete lines 11h and 11i. h Enter the assigned NPS project number or the pass-through entity's employer identification number (see instructions) i Enter the date that the NPS approved the Request for Certification of Completed Work (see instructions) j Rehabilitation credit from an electing large partnership (Schedule K-1 (Form 1065-B), box 9) . . 11j 12 Energy credit: a Basis of property using geothermal energy placed in service during the tax year (see instructions) x 10% (0.10) 12a b Basis of property using solar illumination or solar energy placed in service during the tax year that was acquired after December 31, 2005, and the basis attributable to construction, reconstruction, or erection by the taxpayer after December 31, 2005 (see instructions) $ x 30% (0.30) 12b Qualified fuel cell property (see instructions): c Basis of property placed in service during the tax year that was acquired after December 31, 2005, and before October 4, 2008, and the basis attributable to construction, reconstruction, or erection by the I taxpayer after December 31, 2005, and before October 4, 2008 $ x 30% (0.30) 12c d Applicable kilowatt capacity of property on line 12c (see instructions) ► x $1,000 12d e Enter the lesser of line 12c or line 12d 12e f Basis of property placed in service during the tax year that was acquired after October 3, 2008, and the basis attributable to construction, reconstruction, or erection by the taxpayer after October 3, 2008 x 30% (0.30) 12f g Applicable kilowatt capacity of property on line 12f (see instructions) ► x $3,000 129 h Enter the lesser of line 12f or line 12g Qualified microturbine property (see instructions): i Basis of property placed in service during the tax year that was acquired after December 31, 2005, and the basis attributable to construction, reconstruction, or erection by the taxpayer after December 31, 2005 x 10% (0.10) j Kilowatt capacity of property on line 12i ► x $200 k Enter the lesser of line 12i or line 12j Form 3468 (1018) EFTA01222676 Form 3468 (2018) Facie 3 Rehabilitation Credit and Energy Credit (continued) Combined heat and power system property (see instructions): Caution: You can't claim this credit if the electrical capacity of the property is more than 50 megawatts or has a mechanical energy capacity of more than 67,000 horsepower or an equivalent combination of electrical and mechanical energy capabilities. 1Basis of property placed in service during the tax year that was acquired after October 3. 2008. and the basis attributable to construction, reconstruction, or erection by the taxpayer after October 3, 2008 x 10% (0.10) 121 m If the electrical capacity of the property is measured in: • Megawatts, divide 15 by the megawatt capacity. Enter 1.0 if the capacity is 15 megawatts or less. • Horsepower, divide 20,000 by the horsepower. Enter 1.0 if the capacity is 20,000 horsepower or less 12m n Multiply line 121 by line 12m 12n Qualified small wind energy property (see instructions): o Basis of property placed in service during the tax year that was acquired after October 3. 2008, and before January 1. 2009. and the basis attributable to the construction, reconstruction, or erection by the taxpayer after October 3, 2008. and before January 1, 2009 x 30% (0.30) 12o p Enter the smaller of line 12o or $4,000 12p q Basis of property placed in service during the tax year that was acquired after December 31, 2008. and the basis attributable to construction, reconstruction, or erection by the taxpayer after December 31, 2008 x 30% (0.30) 12q Geothermal heat pump systems (see instructions): ✓ Basis of property placed in service during the tax year that was acquired after October 3. 2008. and the basis attributable to construction, reconstruction, or erection by the taxpayer after October 3. 2008 x 10% (0.10) 12r Qualified investment credit facility property (see instructions): s Basis of property (other than wind facility property and the construction of which began after 2016) placed in service during the tax year x 30% (0.30) 12s t Basis of wind facility property placed in service during the tax year and the construction of which begins during 2017 x 24% (0.24) 12t u Basis of wind facility property placed in service during the tax year and the construction of which begins during 2018 x 18% (0.18) 12u ✓ Basis of wind facility property placed in service during the tax year and the construction of which begins during 2019 x 12% (0.12) 12v 13 Enter the applicable unused investment credit from cooperatives (see instructions) 13 14 Add lines 11e, 111 11g, 11j. 12a. 12b. 12e, 12h. 12k. 12n. 12p. 12q. 12r. 12s, 12t. 12u, 12v, and 13. Report this amount on Form 3800, Part III, line 4a 14 Form 3468 (2018) EFTA01222677