Federal Free Printable 2016 Form 3468 for 2017 Federal Investment Credit

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Investment Credit
2016 Form 3468

Form 3468 Department of the Treasury Internal Revenue Service (99) Name(s) shown on return Part I Investment Credit ▶ Information OMB No. 1545-0155 2016 ▶ Attach to your tax return. about Form 3468 and its separate instructions is at www.irs.gov/form3468. Attachment Sequence No. 174 Identifying number 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 Description of property 3 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): Qualified investment in integrated gasification combined cycle property placed in service during the tax year for projects described in section 48A(d)(3)(B)(i) . . . . . . . $ × 20% (0.20) 5a b Qualified investment in advanced coal-based generation technology property placed in service during the tax year for projects described in section 48A(d)(3)(B)(ii) . . . . . $ × 15% (0.15) 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)(3)(B)(iii) . . . . . $ × 30% (0.30) 5c d Total. Add lines 5a, 5b, and 5c . . . . . . . . . . . . . . . . . 6 Qualifying gasification project credit (see instructions): a . . . . . . 5d . . . . . . 6c 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 . . . . . . . . . $ × 30% (0.30) 6a b Qualified investment in property other than in a above placed in service during the tax year . . . . . . $ × 20% (0.20) 6b c Total. Add lines 6a and 6b . . . . . . . . . . . . . . . . . . 7 Qualifying advanced energy project credit (see instructions): Qualified investment in advanced energy project property placed in service during the tax year . . . . . . . . . . . . $ 8 9 10 Reserved . . . . . . . . . . . . . . . . . . . . . . . . . Enter the applicable unused investment credit from cooperatives (see instructions) Add lines 5d, 6c, 7, and 9. Report this amount on Form 3800, Part III, line 1a . . For Paperwork Reduction Act Notice, see separate instructions. × 30% (0.30) 7 . . . 8 9 10 . . . Cat. No. 12276E . . . . . . . . . Form 3468 (2016) Page 2 Form 3468 (2016) Part III Rehabilitation Credit and Energy Credit 11 Rehabilitation credit (see instructions for requirements that must be met): 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: $ × 10% (0.10) e Pre-1936 buildings . . . . . . . . . . . . . . $ f Certified historic structures . . . . . . . . . . . × 20% (0.20) For properties identified on line 11f, complete lines 11g and 11h. g Enter the assigned NPS project number or the pass-through entity’s employer identification number (see instructions) . . . . . . . . . . . . . . . h Enter the date that the NPS approved the Request for Certification of Completed Work (see instructions) . . . . . . . . . . . . . . . . . . . . a i Rehabilitation credit from an electing large partnership (Schedule K-1 (Form 1065-B), box 9) . . Energy credit: a Basis of property using geothermal energy or solar energy (acquired before January 1, 2006, and the basis attributable to construction, reconstruction, or erection by the taxpayer before January 1, 2006) placed in service during the tax year (see instructions) $ × 10% (0.10) 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) $ × 30% (0.30) 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 taxpayer after December 31, 2005, and before October 4, 2008 $ × 30% (0.30) × $1,000 d Applicable kilowatt capacity of property on line 12c (see instructions) ▶ e Enter the lesser of line 12c or line 12d . . . . . . . . . . . . . . . . . . . . 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 . . . . . . . . . . . . . . . $ × 30% (0.30) × $3,000 g Applicable kilowatt capacity of property on line 12f (see instructions) ▶ 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 . . . . . . . . . . . . . . $ × 10% (0.10) j Kilowatt capacity of property on line 12i . . . . . . . . . . ▶ × $200 k Enter the lesser of line 12i or line 12j . . . . . . . . . . . . . . . . . . . . . 11e 11f 11i 12 12a 12b 12c 12d 12e 12f 12g 12h 12i 12j 12k Form 3468 (2016) Page 3 Form 3468 (2016) Part III Rehabilitation Credit and Energy Credit (continued) Combined heat and power system property (see instructions): Caution: You cannot claim this credit if the electrical capacity of the property is more than 50 megawatts or 67,000 horsepower. l Basis of property placed in service during the tax year that was acquired after October 3, 2008, and the basis attributable to construction, reconstruction, or erection by the taxpayer after October 3, 2008 . . . . . . . . . . . . . . . .$ × 10% (0.10) 12l 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 . 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ × 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 . . . . . . . . . . . . . . $ × 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 . . . . . . . . . . . . . . $ × 10% (0.10) 12r Qualified investment credit facility property (see instructions): Basis of property (other than wind facility property and the construction of which began after 2016) placed in service during the tax year . . . . . . . $ × 30% (0.30) 12s Basis of wind facility property placed in service during the tax year and the construction of which begins during 2017 . . . . . . . . . . . . . . . $ × 24% (0.24) 12t 13 Enter the applicable unused investment credit from cooperatives (see instructions) . 13 14 Add lines 11e, 11f, 11i, 12a, 12b, 12e, 12h, 12k, 12n, 12p, 12q, 12r, 12s, 12t, and 13. Report this amount on Form 3800, Part III, line 4a . . . . . . . . . . . . . . . . . . . . 14 r s t Multiply line 12l by line 12m . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Form 3468 (2016)
Extracted from PDF file 2016-federal-form-3468.pdf, last modified December 2016

More about the Federal Form 3468 Corporate Income Tax Tax Credit TY 2016

We last updated the Investment Credit in May 2017, so this is the latest version of Form 3468, fully updated for tax year 2016. You can download or print current or past-year PDFs of Form 3468 directly from TaxFormFinder. You can print other Federal tax forms here.

Other Federal Corporate Income Tax Forms:

TaxFormFinder has an additional 774 Federal income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form 941 Employer's Quarterly Federal Tax Return
Form 9465 Installment Agreement Request
Form 990 or 990-EZ (Sch A) Public Charity Status and Public Support
Form 1125-A Cost of Goods Sold
Form 1120 U.S. Corporation Income Tax Return

Download all  tax forms View all 775 Federal Income Tax Forms


Form Sources:

The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal Form 3468 from the Internal Revenue Service in May 2017.

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Form 3468 is a Federal Corporate Income Tax 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.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Federal Form 3468

We have a total of five past-year versions of Form 3468 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2016 Form 3468

2016 Form 3468

Investment Credit 2015 Form 3468

2015 Form 3468

Investment Credit 2013 Form 3468

2013 Form 3468

Investment Credit 2012 Form 3468

2012 Form 3468

Investment Credit 2011 Form 3468

2011 Form 3468


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