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F O R M 71R EFO00084 08-20-13 RECAPTURE OF IDAHO BIOFUEL INFRASTRUCTURE INVESTMENT TAX CREDIT Name(s) as shown on return Social Security Number or EIN PART I -- IDENTIFY PROPERTY THAT CEASED TO QUALIFY
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How to fill out recapture of idaho biofuel
How to fill out recapture of Idaho biofuel:
01
Gather all necessary information and documents, such as the Idaho biofuel recapture form, personal identification, and relevant financial records.
02
Clearly read and understand the instructions provided with the recapture form to ensure you are filling it out correctly.
03
Begin by filling out your personal information, including your name, address, and contact details, as requested on the form.
04
Provide any additional information required, such as your Social Security number or taxpayer identification number.
05
Follow the instructions to accurately report the details of your biofuel activities in Idaho, including the amount of biofuel produced or sold during the reporting period.
06
Double-check all numbers and calculations to avoid errors that could impact the recapture calculation.
07
Attach any supporting documentation requested, such as invoices or receipts related to biofuel transactions.
08
Review the completed form, ensuring all information is accurate and legible.
09
Sign and date the form as required to certify the accuracy of the information provided.
10
Make copies of the completed form and any supporting documents for your records.
Who needs recapture of Idaho biofuel?
01
Individuals or companies engaged in biofuel production, sale, or distribution in the state of Idaho.
02
Anyone who has received or claimed biofuel tax credits or incentives in Idaho and is required to recapture a portion of those benefits.
03
Biofuel industry participants who have exceeded certain thresholds or failed to meet specific requirements outlined by the Idaho state regulations.
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What is recapture of idaho biofuel?
Recapture of Idaho biofuel is a report that must be filed by certain entities to account for any previously claimed Idaho biofuel incentives that are no longer valid.
Who is required to file recapture of idaho biofuel?
Entities who have claimed Idaho biofuel incentives that are no longer valid are required to file recapture of Idaho biofuel.
How to fill out recapture of idaho biofuel?
The recapture of Idaho biofuel report can be filled out online or submitted through mail with all the required information and documentation.
What is the purpose of recapture of idaho biofuel?
The purpose of recapture of Idaho biofuel is to ensure that only valid incentives are claimed and to prevent fraudulent claims.
What information must be reported on recapture of idaho biofuel?
The recapture of Idaho biofuel report must include information on the previously claimed incentives that are no longer valid, along with supporting documentation.
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