What other refundable credits can I enter on this screen?

Certain taxpayers, such as those with business income, may qualify for other credits. If a taxpayer meets the preliminary qualifications for that credit, such as having business income or being a certain filing status, that credit will be displayed as an option on this screen. If you are e-filing your return, be sure to keep any supporting documents for your records. Here is a list of the other credits and some details on each:
  • Inventory Tax: Credit for 100 percent of the ad valorem taxes paid to political subdivisions in Louisiana on inventory held by manufacturers, distributors, or retailers.
  • Ad Valorem Natural Gas: Credit for 100 percent of the ad valorem taxes paid to political subdivisions in Louisiana on natural gas held, used, or consumed in providing natural gas storage services or operating natural gas storage facilities.
  • Ad Valorem Offshore Vessels: Credit for 100 percent of the ad valorem taxes paid on vessels in Outer Continental Shelf Lands Act Waters.
  • Telephone Company Property: Credit for up to 40 percent of the ad valorem taxes paid to Louisiana political subdivisions by a telephone company, with respect to that company's public service properties located in Louisiana. The credit may be passed through to individuals who are shareholders or members of certain legal entities.
  • Prison Industry Enhancement: Credit for the sales and use tax paid on purchases by a taxpayer of specialty apparel items from a private sector Prison Industry Enhancement (PIE) contractor.
  • Urban Revitalization: Credit for investing in certain economically depressed areas of the state. Taxpayers must apply to the Louisiana Department of Economic Development to receive certification.
  • Mentor-Protege: Credit for a mentor business that commits and provides professional guidance and support to its proteges to facilitate their development and growth as a competitive contractor, subcontractor, joint venture partner, or supplier of local, state, federal, and private markets. A copy of the certification of the credit must be attached to the return.
  • Milk Producers: Credit for a resident taxpayer engaged in the business of producing milk for sale. Those milk producers that have obtained permits under the Louisiana Administrative Code, Title 51 and have met the requirements of the Food and Drug Administration shall be certified by the Department of Health and Hospitals to receive the credit.
  • Technology Commercialization: Credit for a qualifying individual or business that invests in the commercialization of Louisiana technology. A copy of the certification of the credit from the Louisiana Department of Economic Development must be attached to the return.
  • Historic Residential: Credit for the amount of eligible costs and expenses incurred during the rehabilitation of an owner-occupied residential or owner-occupied mixed use structure located in a National Register Historic District, a cultural district, a local historic district, a Main Street District, or a downtown development district. The structure must have been listed or is eligible for listing on the National Register or has been certified by the State Historic Preservation Office. The tax credit shall be limited to one credit per rehabilitated structure and can't exceed $25,000 per structure. Taxpayers must apply to the Louisiana Department of Culture, Recreation and Tourism, Division of Historic Preservation for certification. A copy of the certification must be attached to the return.
  • Angel Investor: Credit to encourage third party investment of taxpayers who make qualified investments to certified Louisiana entrepreneurial businesses between January 1, 2005 and December 31, 2009. To earn the Angel Investor Tax Credit, taxpayers must file an application with the Louisiana Department of Economic Development.
  • Musical and Theatrical Productions: Credit for the production expenses, transportation costs, employment of college and vocational-technical students, employment of residents, and for the construction, repair, or renovation of facilities related to productions and performances.
  • Wind and Solar Energy Systems - Non-Leased: A refundable credit (R.S. 47:6030) is allowed against income tax for taxpayers who purchase and install a wind energy system, a solar energy system, or both in a residence located in Louisiana, or for taxpayers who purchase and install such energy systems in a residential rental apartment project before July 1, 2013. Taxpayers are also eligible for the credit when a resident purchases a newly constructed home with such systems already installed, or when such systems are installed in new apartment projects. The credit is equal to fifty percent (.50) of the first $25,000 of the cost of each wind energy system or solar energy system, including installation costs, purchased on or after January 1, 2008.
    A refundable credit is also allowed for taxpayers who purchased and installed a solar electric system, a solar thermal system, or any combination of those components at a single-family residence located in the state on or after July 1, 2013. Only one credit is allowed per residence.
  • School Readiness Child Care Provider: A refundable credit (R.S. 47:6105) is allowed against income tax for a child care provider who operates a facility or facilities where care is given to foster children who are in the custody of the Louisiana Department of Children and Family Services (DCFS) or to children who participate in the Child Care Assistance Program administered by the Office of Family Support in the DCFS. The credit is based upon the average monthly number of children who attended the facility multiplied by an amount based upon the quality star rating of the child care facility. For more information regarding this credit, please contact the DCFS at 1-888-542-3578.
  • School Readiness Child Care Directors and Staff: A refundable credit (R.S. 47:6106) is allowed against income tax for eligible child care directors and eligible child care staff based on certain attained qualifications. The credit amount is variable and the 2014 amount is posted at www.qrslouisiana.org. For more information regarding this credit, please contact the Louisiana Department of Children and Family Services.
  • School Readiness Business Supported Child Care: A refundable credit (R.S. 47:6107) is allowed against income tax for a taxpayer who incurs eligible business-supported child care expenses. The credit amount of such eligible business child care expenses depends upon the quality rating of the child care facility to which the expenses are related or the quality rating of the child care facility that the child attends. Copies of canceled check and other documentation to support the amount of eligible business child care facility expenses should be maintained and provided upon request by a taxpayer claiming this credit. For more information regarding this credit, please contact the Louisiana Department of Children and Family Services.
  • School Readiness Fee to Resource and Referral Agencies: A refundable credit (R.S. 47:6107) is allowed against income tax for a taxpayer whose business pays fees and grants to child care resource and referral agencies. The credit shall not exceed $5,000 per tax year. For more information regarding this credit, please contact the Louisiana Department of Children and Family Services.
  • Retention and Modernization: A refundable credit for an employer who incurs qualified expenditures to modernize existing operations in Louisiana to retain the business in the state. Taxpayers must apply to the Louisiana Department of Economic Development to receive certification.
  • Conversion of Vehicle to Alternative Fuel: Credit for the purchase of, or conversion of a vehicle to a flexible fuel vehicle designed to run on an alternative fuel. The credit is not allowed for the costs associated with the purchase or conversion of a flexible fuel vehicle, designed to run on both alternative fuel and gasoline or diesel. The purchased vehicle must be properly registered with the Louisiana Department of Public Safety. You must attach documentation verifying the conversion or purchase of the vehicle.
  • Research and Development: A refundable credit for any taxpayer who claims a federal income tax credit under 26 U.S.C. Section 41(a) for increasing research activities. The credit is obtained through the Louisiana Department of Economic Development.
  • Digital Interactive Media and Software: A refundable credit for individuals for the investment in businesses specializing in digital interactive media and software. Taxpayers must apply to the Louisiana Department of Economic Development to receive certification. A copy of the certification of the credit must be attached to the return. See Revenue Information Bulletin 12-017 on the Louisiana Department of Revenue website.
  • Wind and Solar Energy Systems - Leased: Act 428 of the 2013 Regular Legislative Session amended R.S. 47:6030 to allow a refundable credit for taxpayers who purchased and installed a wind energy system, a solar energy system, or both in a residence located in this state, or for owners who purchased and installed such systems in a residential rental apartment project before July 1, 2013. Taxpayers are also eligible for the credit when a resident purchased a newly constructed home with such systems already installed, or when such systems were installed in a new apartment project. The credit is equal to 50 percent of the first $25,000 of such systems including installation costs, purchase on or after January 1, 2008. Refer to Louisiana Administrative Code 61:I.1907 dated January 20, 2013, on LDR's website.
    A refundable credit is also allowed for taxpayers who purchased and installed a solar electric system, a solar thermal system, or any combination of those components at a single-family residence located in the state on or after July 1, 2013. Only one credit is allowed per residence. The credit is equal to 50% of the cost and installation.

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