The Learn More in the step-by-step interview for Louisiana, gives the following:
- Ad Valorem Offshore Vessels (credit code 52F): The credit is equal to 100% of the amount tax paid to a Louisiana political subdivision on vessels in Outer Continental Shelf Lands Act Waters.
- Telephone Company Property (credit code 54F): The credit is equal to 40% of the amount tax paid to a Louisiana political subdivision by a telephone company with public service properties located in Louisiana.
- Prison Industry Enhancement (credit code 55F): The credit is equal to 72% of the state sales tax and use tax paid on specialty apparel items bought from a Prison Industry Enhancement (PIE) contractor.
- Milk Producers (credit code 58F): A credit is available for certified resident taxpayers in the business of producing milk for sale; refer to your certification from the Louisiana Department of Health and Hospitals for the credit amount.
- Technology Commercialization (credit code 59F): A credit is available for a qualifying individual or business investing in commercialization of Louisiana technology; refer to your certification from the Louisiana Department of Economic Development for the credit amount.
- School Readiness Child Care Provider (credit code 65F): Facilities provided to Louisiana foster care children or children who participate in the Child Care Assistance Program.
- School Readiness Child Care Directors and Staff (credit code 66F): Directors and staff who attain certain qualifications. Facility License Number must be provided.
- School Readiness Business-Supported Child Care (credit code 67F): Eligible business expenses.
- School Readiness Fees and Grants to Resource and Referral Agencies (credit code 68F): Business expenses for child care care resource and referral agencies.
- Retention and Modernization (credit code 70F): A credit is available for qualified expenses to modernize existing operations in Louisiana to keep the business in the state; refer to your certification from the Louisiana Department of Economic Development for the credit amount.
- Digital Interactive Media and Software (credit code 73F): A credit is available to individuals for investment in businesses that specialize in digital interactive media and software; refer to your certification from the Louisiana Department of Economic Development for the credit amount.
- Stillborn Child (credit code 76F): Allows a refundable credit equal to $2,000 for an individual who experienced a pregnancy loss resulting in spontaneous total death.
- Funeral and Burial Expense for a Pregnancy-Related Death (credit code 77F): Allows a refundable credit for the reasonable funeral and burial expenses associated with the pregnancy-related death of a person.
- Adoption of Unrelated Infant (credit code 78F): Allows a refundable credit of $5,000 for the adoption of a child who is unrelated to the taxpayer and who is no more then two years of age.
- Restaurant Recycling of Oyster Shell (credit code 79F): Allows a refundable credit for Louisiana restaurants that donate oyster shell material to an approved oyster shell recycling program.
As you can see, the amount of the credit varies based on the credit. What credit are you looking to take?
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