Form 4255 Recapture of Investment Credit

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4255

Form
(Rev. December 2009)
Department of the Treasury
Internal Revenue Service
Name(s) as shown on return

Properties

A
B
C
D

Recapture of Investment Credit

OMB No. 1545-0166
Attachment
Sequence No.

Attach to your income tax return.

©

65

Identifying number

f
o
s
a
9
t
0
f
0
a
2
r
/
D /09
1
1

Type of property—State whether rehabilitation, energy, reforestation, qualifying advanced coal project, qualifying gasification project, or qualifying
advanced energy project property. (See the Instructions for Form 3468 for the year the investment credit property was placed in service for definitions.) If
rehabilitation property, also show type of building. If energy property, show type.

Original Investment Credit

1
2
3
4
5
6

Computation Steps:
(see Specific Instructions)
Original rate of credit
. . . . . . . .
Cost or other basis . . . . . . . . .
Original credit (see instructions) . . . . .
Date property was placed in service
. . .
Date property ceased to be qualified
investment credit property . . . . . . .
Number of full years between the date on line
4 and the date on line 5 . . . . . . . .

A

Properties

B

C

D

1
2
3
4
5
6

Recapture Tax
7 Recapture percentage (see instructions) . .
7
Tentative
recapture
tax.
Multiply
line
3
by
the
8
8
percentage on line 7 . . . . . . . . .
9 Add all the amounts on line 8 . . . . . . . . . . . . . . . . . . . . . . .
10 Enter the tentative recapture tax from property for which there was an increase in nonqualified
nonrecourse financing. Attach a separate schedule (see instructions) . . . . . . . . . . .
11 Add lines 9 and 10 . . . . . . . . . . . . . . . . . . . . . . . . . . .
12 Unused credits (see instructions) . . . . . . . . . . . . . . . . . . . . . . .
13 Total increase in tax. Subtract line 12 from line 11. Enter here and on the appropriate line of your
tax return. See section 45K(b)(4) if you claim the nonconventional source fuel credit. Electing large
partnerships, see instructions . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see back of form.

Cat. No. 41488C

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Form

4255

(Rev. 12-2009)