rom 0408 Investment Credit OMB No. 1545-0155

> Attach to your return.

Department of the Treasury > See separate Instructions. Attachment
Internal Revenue Service Sequence No. 52

Name(s) as shown on return Identifying number

[Part I] Current Year Investment Credit

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

A_ If you are claiming credit under section n 468) for “qualified \ withdrawals” with respect to “certain vessels” (see Instructions),
checkhere . . ws . wee eee ee OO

1 Regular credit—Enter amount from ScheduleA, line4 . 2. . 1. 1

2 Qualified rehabilitation expenditures for transitional rehabilitation property and certain
rehabilitation projects—Enter qualified investment and multiply by percentage shown:

a 30-year-oldbuildings. . 2 2... 2 1. eee ee x10% [2a
b 40-year-old buildings. ©. soe 13% [2b
¢ Certified historic structures (attach NPS certificate) . woe ee x 25% [L2e

Enter NPS number assigned or the flow-through entity's
identifying number (see Instructions).

3 Qualified rehabilitation expenditures not includible i in line 2 above:
Pre-1936 buildings . . see x10% [3a
b Certified historic structures (attach NPS certificate) . woe ee x 20% [3b

Enter NPS number assigned or the flow-through entity's
identifying number (see Instructions).

4 Credit from cooperatives—Enter unused regular investment credit from cooperatives . . . . | 4
5 Business energy investment credit—Enter amount from Schedule B, line6. . . . . . . . LS
6 Current year investment credit—Add lines 1through5 . . 6

See General Instruction B, “When To File Fe ‘orm 3800, General Business Credit.

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 .

8 Credits that reduce regular tax before the investment credit:

Current Year Investment Credit Tax Liability Limitation

a Credit for child and dependent care expenses (Form 2441). . 8a
b Credit for the elderly or the disabled (Schedule R, Form 1040) . 8b
c Foreign tax credit (Form 1116o0rForm1118). ..... 8c
d Possessions tax credit (Form5735) . . . . .. 2... 8d
e Mortgage interest credit (Form 8396) . . . . 8e
f Credit for fuel from a nonconventional source (see instructions) 8f
& Orphan drugcredit (Form6765) . . . . 8g
h Total credits that reduce regular tax before the investment credit. Add lines 8a through 8g . . . | 8h
9 Netregulartax—Subtractline 8hfromline7 2. 2... we ee ee ee EY
10 Tentative minimum tax:
a Individuals—Enter amount from Form6251,linel7. 2 2 2 2. we ee ee
b Corporations—Enter amount from Form 4626, line 13. | 10
¢ Estates and Trusts—Enter amount from Form 8656, line 37
11 Net income tax:
a_Individuals—Add line 9 above and line 19 of Form6251.Enterthetotal. . . . . 1...
b Corporations—Add line 9 above and line 15 of Form 4626. Enterthetotal. . . . . . | 11
c¢ Other filers—See Instructions . se ee
12 If line 9is more than $25,000, enter 25% of the excess (ee Instructions) co ee . L242
13 Subtract line 10 or line 12, whichever is greater, f from line 11. Enter the result. If less than zero,
enterzero . . . soe 13
14 Total allowed credit—Enter ‘the smaller of line 6 or line 13. This is your General Business ‘Credit
for 1990. Enter here and on Form 1040, line 44; Form 1120, Schedule J, line 4e; Form 1120-A,
Part | line 2a; or on the corresponding line of other incometaxreturns . |... . . 14

For Paperwork Reduction Act Notice, see separate Instructions. Form 3468 (1990)


Form 3468 (1990)

Schedule A—Current Year Regular Investment Credit

1___Enter on lines 1a through 1h your qualified investment in transition property (see Instructions).
1 (3) (a)
Type of Property Line Class of Recovery Property (2) Applicable Qualified Investment
or Useful Life of Nonrecovery Property Basis or Cost Percentage (Column 2.xcolumn 3)
New Recover a 20-year or more 100
y [bo Other
c 20-year or more 100
Used Recovery d Other
e 20-year or more 100
New Nonrecovery f Other
g 20-year or more 100
Used Ni
jonrecovery |— Other
2. Transition property—Enter qualified investment (from lines la
through 1h, column (4)) and multiply by percentage shown . x 6.5% 2
3 > Qualified timber property—Enter qualified investment (see
Instructions for limitations) and multiply by percentage shown . x 10% 3
4 Current year regular investment credit. Add lines 2 and 3. Enter here and on line 1 of page 1 4
Schedule B—Business Energy Investment Credit
1___Enteron lines 1a through le your qualified investment in business energy property.
1 (4) 5)
Type of Property | Line Class o Property (2) (3) Applicable Quaiiedinvestment
or Life Years Code Basis Percentage (Column 3 x column 4)
a 3-year 60
Re
ecovery b Other 100
c 3 or more/less than 5 33%
Nonrecovery d 5 or more/less than 7 66%
e 7 or more 100
2___ Total qualified investment—Add lines 1a through le, column (5). . 2
3 Enter in column (1) the portion of the line 2 amount Line (a) cletit investor Credit
attributable to the following types of property: Qualified investment Percentage (column 1 x column 2)
a Solar energy property (see Instructions) . . . La 10
b Geothermal property (see Instructions) . . . . .{b 10
¢ Ocean thermal property (see Instructions) . c 15
d Current year credit for investment in business energy Property. Add lines 3a through 3c, column 3d
.) rr Soe ee . :
4 Certain other property. (See Instructions. NE Enter qualified investment and multiply by percentage
shown:
a Certain long-term section 46(b)(2)(C) projects under way before
1983, x6.5% | 4a
b Hydroelectric generating property placed in service before 1989
(if an application has been docketed with the Federal Energy
Regulatory Commission by 12-31-85). oe 7.15% | 4b
5 Cooperative credit—Enter unused business energy investment credit from cooperatives. 5
6 Tentative business energy investment credit—Add lines 3d through 5 5. Enter here and on line 5 of
pagel. . res 6

# U.S. GPO: 1990—265-316