Louisiana Credit Utilization Form
Extracted from PDF file 2020-louisiana-form-r-6140.pdf, last modified June 2006
Credit Utilization FormR-6140 (11/16) Credit Utilization Form Pursuant to the provisions of Louisiana Revised Statutes 47:1524 For transfers, mail to: Louisiana Department of Revenue Attn: Tax Credit Registry P.O. Box 1071 Baton Rouge, LA 70821 Tax Credit Number Section 1: To transfer your credit to the State, complete the section below, sign and submit this form, a copy of your Credit Registration Form (R-6135), and the applicable transfer fee to LDR. $ Amount of Credit to be Sold to Louisiana Section 2: To utilize your credit on your tax return, complete the section below, sign and attach this form and a copy of your Credit Registration Form (R-6135) to your tax return. Tax Period Amount of Credit Claimed on Return $ $ Remaining Credit Balance Section 3: To transfer your credit to another party, including a flow-through, complete the section below. Both the transferor and transferee must sign the form. Submit this form, a copy of your Credit Registration Form (R-6135), a copy of the contract of sale (except for flow-through), and any applicable transfer fees to LDR within 10 days of the transfer. Transferor’s Credit Balance Prior to Transfer $ Amount of Credit Being Transferred $ Transferor’s Credit Balance after Transfer $ Date of Transfer Transferee Name Transferee LDR Account ID Transferee Address Price Paid by the Transferee to the Transferor $ Instructions • A transfer is not effective until it is recorded in the Tax Credit Registry. • Only one Credit Registration Form (R-6135) can be attached to this form. A separate Credit Utilization Form (R-6140) will need to be completed for each Credit Registration Form (R-6135). • Only one transferee can be listed on this form. A separate Credit Utilization Form (R-6140) will need to be completed for each transferee. • The sale or transfer of tax credits may have income tax consequences for the transferor and transferee. Consult your tax advisor. • To utilize a purchased credit to pay an outstanding liability, attach a copy of your Credit Registration Form (R-6135) to a completed Transferable Credit Payment Voucher, Form R-6170, and submit both to LDR. By signing below, I certify that I am an authorized representative of the transferor or transferee and as such am authorized to make the statement of affirmation contained herein. I certify under penalties of perjury that the above statements, information contained in this document and attachments are complete, true, and correct to the best of my knowledge and belief. By signing below as the transferor, I further certify that I have not previously transferred or claimed above referenced credits and agree to be subject to recapture and collection procedures authorized under Title 47 of the Louisiana Revised Statutes in the event that I have transferred credits that I do not own. Signature of Transferor Print Name Date (mm/dd/yyyy) Signature of Transferee Print Name Date (mm/dd/yyyy) Signature of Broker Print Name Date (mm/dd/yyyy)
More about the Louisiana Form R-6140 Other Tax Credit
We last updated the Credit Utilization Form in April 2021, and the latest form we have available is for tax year 2020. 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 Louisiana Department of Revenue. You can print other Louisiana tax forms here.
Other Louisiana Other Forms:
|Form Code||Form Name|
|Form R-620INS (Obsolete)||Request for Refund of LA. Citizens Property Insurance|
|Form R-6140||Credit Utilization Form|
|Form 540CU R||Resident Consumer Use Tax|
|Form R-1035||Consumer Use Tax Return and Payment Coupon|
|Form 540CU-NR||Nonresident Consumer Use Tax|
Louisiana usually releases forms for the current tax year between January and April. We last updated Louisiana Form R-6140 from the Department of Revenue in April 2021.
Form R-6140 is a Louisiana 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 Louisiana Form R-6140
We have a total of seven past-year versions of Form R-6140 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Louisiana Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.