Get the free HTC Preliminary Form 1 – Part 1A - ded mo

This document is a preliminary approval form designed for applicants seeking tax credits for historic preservation projects. It gathers essential information about the applicant, property details,

How to fill out htc preliminary form 1

How to fill out HTC Preliminary Form 1 – Part 1A

1. Download the HTC Preliminary Form 1 from the official website.
2. Begin with filling in your personal information in Section 1, including your full name, address, and contact details.
3. Move on to Section 2 to provide details about your business or organization, stating its name, type, and registration information.
4. In Section 3, specify the purpose for submitting this form and any relevant dates associated with your application.
5. Include any additional supporting documents as required, noted on the form.
6. Review all information entered for accuracy and completeness.
7. Sign and date the form in the designated section.
8. Submit the completed form as instructed, either electronically or by mail.

Who needs HTC Preliminary Form 1 – Part 1A?

1. Individuals or businesses applying for HTC funding.
2. Organizations that are seeking assistance under HTC programs.
3. Consultants or advisors assisting clients with HTC applications.

People Also Ask about

Who is eligible for the Secure Act tax credit?

Eligible employers with up to 50 employees can claim a tax credit for 100% of its qualified costs. Employers who employ 51-100 employees can claim a credit for 50% of the qualified costs. The maximum credit is $5,000 each year except for employers with less than 20 employees.

How do I claim my MO PTC property tax credit?

Use Form MO-PTC, Property Tax Credit Claim, call (800) 877-6881 or download the form from the Missouri Department of Revenue: Property Tax Credit Claim.

What is the historic tax credit program in Missouri?

State Historic Tax Credits A state tax incentive has been available since 1998. Both income and owner-occupied properties may qualify for a 25% Missouri Tax Credit. The State Historic Preservation Office is responsible for reviewing and approving rehabilitation work for the state credits.

Which of the following would make a building ineligible for the 20% historic preservation tax credit?

Owner-occupied residential properties do not qualify for the federal rehabilitation tax credit. The 20% credit is available only to properties rehabilitated for income-producing purposes, including commercial, industrial, agricultural, rental residential or apartment use.

What is the Missouri preservation tax credit?

The Missouri Historic Preservation Tax Credit Program provides a 25% tax credit for rehabilitation of certified historic structures in St. Louis and Kansas City, and a 35% tax credit if the property is located outside of St. Louis and Kansas City and does not receive or intend to receive low-income housing tax credits.

What is the Missouri Preservation Act tax credit?

The Missouri Historic Preservation Tax Credit Program provides a 25% tax credit for rehabilitation of certified historic structures in St. Louis and Kansas City, and a 35% tax credit if the property is located outside of St. Louis and Kansas City and does not receive or intend to receive low-income housing tax credits.

For pdfFiller’s FAQs

What is HTC Preliminary Form 1 – Part 1A?

HTC Preliminary Form 1 – Part 1A is a document used to provide initial information regarding potential tax credits under the Historic Tax Credit Program.

Who is required to file HTC Preliminary Form 1 – Part 1A?

Entities or individuals seeking to utilize the Historic Tax Credit for a project involving the rehabilitation of certified historic structures are required to file HTC Preliminary Form 1 – Part 1A.

How to fill out HTC Preliminary Form 1 – Part 1A?

To fill out HTC Preliminary Form 1 – Part 1A, applicants must provide specific details about the project, including property information, project description, and estimated project costs, while ensuring all required sections are completed accurately.

What is the purpose of HTC Preliminary Form 1 – Part 1A?

The purpose of HTC Preliminary Form 1 – Part 1A is to assess the eligibility of a project for the Historic Tax Credit and to gather essential information for further processing of the tax credit application.

What information must be reported on HTC Preliminary Form 1 – Part 1A?

HTC Preliminary Form 1 – Part 1A must report information such as the property address, ownership details, project type, planned scope of work, estimated costs, and timelines for the rehabilitation project.