| Item | Name | Change |
|---|---|---|
| 1 | Form G-75 (Rev. 2007), Assignment of General Excise/Use Taxes by Districts | Page 2, Last 2 sentences of the 2nd paragraph under the heading "General Instructions", which states the form is not required to be submitted with the periodic and annual return should be omitted. Form G-75 is now a required attachment to Form G-45/G-49 when the taxpayer conducts business in more than one district. |
| 2 | N-40 Schedule D (Rev. 2007), "Capital Gains and Losses" | Page 2, Part V Label Heading, which reads, "Computation of Capital Loss Carryovers From 2006 to 2007," should read:"Computation of Capital Loss Carryovers From 2007 to 2008." |
| 3 | N-152 Instructions (Rev. 2007) | Page 3, 2nd column, 3rd paragraph, which reads, "To make the capital gain . . . the amount to enter on line 9 . . .," should read: "To make the capital gain . . . the amount to enter on line 11 . . ." |
| Page 3, 3rd column, 1st paragraph, which reads, "Subtract that amount from the capital gain . . . and enter the result on line 9." Should read: "Subtract that amount from the capital gain . . . and enter the result on line 11." | ||
| Page 3, 3rd column, 1st paragraph, 2nd to the last sentence, which reads, "Enter the result on line 9." Should read: "Enter the result on line 11." | ||
| Page 3, 3rd column, 2nd paragraph, which reads, "Note: If you take the death benefit . . figure the correct entry for line 9."
Should read: "Note: If you take the death benefit . . . figure the correct entry for line 11." |
||
| Page 3, Death Benefit Worksheet line H., which reads, ". . . Enter the result here and on Form N-152, Part II, line 9." Should read: ". . . Enter the result here and on Form N-152, Part II, line 11." | ||
| Page 4, Line 15, which reads, " If you made the capital gain election, subtract line 9 from line 14." Should read:
"If you made the capital gain election, subtract line 11 from line 14." |
||
| Page 4, 2nd column, 5th paragraph, which reads, " (b) If you make the capital . . . amount on line 9. . . ". Should read:
" (b) If you make the capital . . . amount on line 11. . . ". |
||
| Page 4, 3rd column, 2nd paragraph, which reads, "(b) If you make
the capital . . amount on line 9. . . ". Should read:
" (b) If you make the capital . . . amount on line 11. . . ". |
||
| 4 | Form N-332 (Rev. 2007), "Carryover of the Residential Construction and Remodeling Tax Credit" | Page 2, Credit Worksheet, line b, which lists the Tax Credit for Flood Victims (Non-refundable) should be
omitted from the worksheet. |
| 5 | Schedule CR (Rev. 2007), "Schedule of Tax Credits" | Page 1, Line 11 which reads, "Carryover of the Residential
Construction and Remodeling Ta . . . ," should read:
"Carryover of the Residential Construction and Remodeling Tax . . . ". |