2005 1065 K-1 Line 15 code U
From TaxAlmanac
On an attachment to Schedule K-1, the partnership will identify the type of credit and any other information you need to figure credits other than those reported with codes A through T.
Credits that may be reported with code U include the following:
• Nonconventional source fuel credit (Form 8907).
• Qualified electric vehicle credit (Form 8834).
• Qualified railroad track maintenance credit (Form 8900).
• Unused investment credit from cooperatives (Form 3468, line 6).
• Enhanced oil recovery credit (Form 8830).
• Renewable electricity, refined coal, and Indian coal production credit. The partnership will provide a statement showing separately the amount of credit from section A and section B of Form 8835.
• Indian employment credit (Form 8845).
• Orphan drug credit (Form 8820).
• Credit for contributions to selected community development corporations (Form 8847).
• Credit for small employer pension plan startup costs (Form 8881).
• Credit for employer-provided childcare facilities and services (Form 8882).
• Biodiesel and renewable diesel fuels credit. If this credit includes the small agri-biodiesel producer credit, the partnership will provide additional information on an attached statement. If no statement is attached, report this amount on line 9 of Form 8864, Biodiesel and Renewable Diesel Fuels Credit. If a statement is attached, see the instructions for Form 8864, line 9.
• Low sulfur diesel fuel production credit (Form 8896).
• General credits from an electing large partnership. Report these credits on Form 3800, line 1y.
• Distilled spirits credit (Form 8906).
• Energy efficient home credit (Form 8908).
• Alternative motor vehicle credit (Form 8910).
• Alternative fuel vehicle refueling property credit (Form 8911).
• Clean renewable energy bond credit. Report this amount on Form 8912, Clean Renewable Energy Bond Credit and Gulf Bond Credit.
• Gulf bond credit. Report this amount on Form 8912.
• Basis in qualifying advanced coal project property. The partnership will provide an attached statement that shows your distributive share of the partnership’s (a) basis in certified and qualified investment in integrated gasification combined cycle property placed in service during the tax year, and (b) basis in qualified investment in other advanced coal project property placed in service during the tax year. Report these amounts on lines 4a and 4b of Form 3468, respectively.
• Basis in qualifying gasification property. Report this amount on Form 3468, line 5.
• Employee retention credits. Report this amount on Form 5884-A, Credits for Employers Affected by Hurricane Katrina, Rita, or Wilma.
• Hurricane Katrina housing credit. Report this amount on Form 5884-A. Code V. Recapture of other credits. On an attachment to Schedule K-1, the partnership will report any information you need to figure the recapture of the new markets credit; qualified electric vehicle credit (see Pub. 535); Indian employment credit (see section 45A(d)); or any credit for employer-provided childcare facilities and services.
