OMB No. 1545-0155 Investment Credit

Form 3468

© Attach to your return.

Department of the Treasury

Internal Revenue Service

© See separate instructions. Attachment

Sequence No. 52

Name(s) shown on return Identifying number

Current Year Investment Credit

Note: Generally, you cannot claim the regular investment credit for property placed in service after December 31, 1985 (see instructions).

1a

1

1d

1e

b

c 1c

Energy credit. Enter the basis of energy property placed in

service during the tax year (see instructions)

2a

2b

2a

b Transition property. Attach computation (see instructions)

4

4

5

5

6

Tax Liability Limitation (See Who Must File Form 3800 to see if you complete Part II or file Form 3800.)

7a Individuals. Enter amount from Form 1040, line 40

b Corporations. Enter amount from Form 1120, Schedule J, line 3 (or Form 1120-A, Part I, line 1) 7

c Other filers. Enter regular tax before credits from your return (see instructions)

8 Credits that reduce regular tax before the general business credit:

a Credit for child and dependent care expenses (Form 2441, line 10) 8a

b Credit for the elderly or the disabled (Schedule R (Form 1040), line 21) 8b

d Foreign tax credit (Form 1116, line 32, or Form 1118, Sch. B, line 12) 8d

e Possessions tax credit (Form 5735) 8e

8f f

8g g Credit for fuel from a nonconventional source

h Qualified electric vehicle credit (Form 8834, line 19) 8h

8i i Add lines 8a through 8h

9 Net regular tax. Subtract line 8i from line 7 9

10 Tentative minimum tax (see instructions):

a Individuals. Enter amount from Form 6251, line 26

b Corporations. Enter amount from Form 4626, line 13 10

c Estates and trusts. Enter amount from Form 1041, Schedule H, line 37

11 Net income tax:

a Individuals. Add line 9 above and line 28 of Form 6251 

b Corporations. Add line 9 above and line 15 of Form 4626 11

c Estates and trusts. Add line 9 above and line 39 of Form 1041, Schedule H

12 If line 9 is more than $25,000, enter 25% (.25) of the excess (see instructions) 12

13 Subtract line 10 or line 12, whichever is greater, from line 11. If less than zero, enter -0- 13

14 Investment credit allowed for current year. Enter the smaller of line 6 or line 13. This is your

General Business Credit for 1994. Enter here and on Form 1040, line 44; Form 1120, Schedule

J, line 4e; Form 1120-A, Part I, line 2a; or on the appropriate line of other income tax returns 14

For Paperwork Reduction Act Notice, see separate instructions. Form 3468 (1994)

Part I

Part II

Rehabilitation credit. Enter the amount of qualified rehabilitation expenditures and multiply by

the percentage shown:

a Pre-1936 buildings × 10% (.10)

Certified historic structures (attach NPS certificate) × 20% (.20)

Enter NPS number assigned or the flow-through entity’s

identifying number (see instructions)

Transition property:

30-year-old buildings × 10% (.10)

40-year-old buildings × 13% (.13)

Enter NPS number assigned or the flow-through entity’s

identifying number (see instructions)

e Certified historic structures (attach NPS certificate) × 25% (.25)

d

3

× 10% (.10)

Reforestation credit. Enter the amortizable basis of qualified

timber property acquired during the tax year (see instructions

for limitations) × 10% (.10)

Regular investment credit for transition property. Enter

qualified investment (see instructions) × 6.5% (.065)

Credit from cooperatives. Enter the unused regular investment credit for transition property and the

unused energy credit from cooperatives 

6 Total current year investment credit. Add lines 1a through 5

%

%

%

1b

3

Cat. No. 12276E

c Mortgage interest credit (Form 8396, line 11)

Orphan drug credit (Form 6765, line 10)

8c

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