The Department of Revenue is processing 2023 income tax returns. For more information, please read the Department's announcement.

 
1

DR 0078 - Application for Extended Enterprise Zone Tax Credits in Terminated Enterprise Zone Area

#FFFFFF

A taxpayer may request an extension of enterprise zone tax credits in:

  • a terminated enterprise zone area for up to 10 tax years, and
  • a terminated enhanced rural enterprise zone area for up to 5 years

following the termination year. The taxpayer must jointly certify with the zone administrator that plans were in place for job creation, investment in job training programs, or capital expansion before the announcement of the zone termination. Detailed business planning documentation supporting the planned investment and job increases must be kept with your tax records and supplied to the zone administrator or the Department of Revenue upon request.

Submit this form and a summary of the business plan to the local enterprise zone administrator. Upon review and approval, the zone administrator will sign the certification form and return it to the mailing address provided.