2015-2018 Income tax credit utilization report

2015 to 2018 Income Tax Credit Utilization Report
Georgia Department of Revenue

This report reflects the amount of income tax credits utilized in the State of Georgia in the years listed. Utilized is the dollar amount actually offset against tax liability, not the amount of tax credits generated or created in a year.

A brief explanation regarding the Series 100 tax credits can be found at https://dor.georgia.gov/tax-credit-summaries. An explanation of the Series 200 tax credits can be found in our IT-511 Individual Instruction Booklet and Form IND-CR. For more information on income tax credits please review Title 48 of the Official Code of Georgia Annotated.

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If you are seeking data that is not included in this report, please see additional reports published by the Department at the State Revenue Statistics and Reports page.

Credit Type

Tax Year End

101 - Basic Skills Education Credit (Pre-2016) 102 - Approved Employee Retraining Credit 102 - Approved Employee Retraining Credit 102 - Approved Employee Retraining Credit 102 - Approved Employee Retraining Credit 103 - Employer's Job Tax Credit and 118 - New Facilities Job Credit 103 - Employer's Job Tax Credit and 118 - New Facilities Job Credit 103 - Employer's Job Tax Credit and 118 - New Facilities Job Credit 103 - Employer's Job Tax Credit and 118 - New Facilities Job Credit 104 - Purchasing Child Care Property Credit 104 - Purchasing Child Care Property Credit 104 - Purchasing Child Care Property Credit 104 - Purchasing Child Care Property Credit 105 - Providing or Sponsoring Child Care Credit 105 - Providing or Sponsoring Child Care Credit 105 - Providing or Sponsoring Child Care Credit 105 - Providing or Sponsoring Child Care Credit 106 - Manufacturer's Investment Tax Credit 106 - Manufacturer's Investment Tax Credit 106 - Manufacturer's Investment Tax Credit 106 - Manufacturer's Investment Tax Credit 107 - Optional Investment Tax Credit 107 - Optional Investment Tax Credit 107 - Optional Investment Tax Credit 107 - Optional Investment Tax Credit 108 - Qualified Transportation Credit 108 - Qualified Transportation Credit 108 - Qualified Transportation Credit 108 - Qualified Transportation Credit 109 - Low Income Housing Credit 109 - Low Income Housing Credit 109 - Low Income Housing Credit 109 - Low Income Housing Credit 111 - Business Enterprise Vehicle Credit 111 - Business Enterprise Vehicle Credit

31-Dec-2015 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016

Amount Utilized (for returns processed through September 30, 2020)
9,000.00 34,691,249.00 37,902,734.00 33,033,518.00 31,701,491.00 66,769,633.30 111,466,514.99 120,736,824.38 128,897,353.41
4,593,783.00 3,514,955.00 2,942,997.00 1,675,162.00 8,202,676.00 6,004,811.00 6,697,668.00 6,789,715.00 48,846,648.00 11,108,142.00 7,941,814.00 6,385,913.00 1,100,857.00 2,176,015.00
21,875.00 68,652.00 76,071.00
7,552.00 7,698.00 7,499.00 94,851,222.00 112,049,547.00 95,487,259.00 91,943,408.00 5,052.00 3,000.00

111 - Business Enterprise Vehicle Credit 112 - Research Tax Credit 112 - Research Tax Credit 112 - Research Tax Credit 112 - Research Tax Credit 113 - Headquarters Tax Credit 113 - Headquarters Tax Credit 113 - Headquarters Tax Credit 113 - Headquarters Tax Credit 114J - Port Activity Job Tax Credit 114J - Port Activity Job Tax Credit 114J - Port Activity Job Tax Credit 114J - Port Activity Job Tax Credit 114M - Port Activity Investment Tax Credit 114M - Port Activity Investment Tax Credit 114M - Port Activity Investment Tax Credit 114M - Port Activity Investment Tax Credit 115 - Bank Tax Credit 115 - Bank Tax Credit 115 - Bank Tax Credit 115 - Bank Tax Credit 116 - Low-Emission Vehicle Credit 116 - Low-Emission Vehicle Credit 116 - Low-Emission Vehicle Credit 116 - Low-Emission Vehicle Credit 117 - Zero-Emission Vehicle Credit 117 - Zero-Emission Vehicle Credit 117 - Zero-Emission Vehicle Credit 117 - Zero-Emission Vehicle Credit 119 - Electric Vehicle Charger Credit 121 - Historic Structures Rehab Credit (Pre-2017) 121 - Historic Structures Rehab Credit (Pre-2017) 121 - Historic Homes Rehabilitation Credit (2017) 121 - Historic Homes Rehabilitation Credit (2017) 122 - Film Tax Credit 122 - Film Tax Credit 122 - Film Tax Credit 122 - Film Tax Credit 124 - Conservation Tax Credit (2016) 124 - Conservation Tax Credit (2016) 124 - Conservation Tax Credit (2016) 124 - Conservation Tax Credit (Pre-2016) 124 - Conservation Tax Credit (Pre-2016) 124 - Conservation Tax Credit (Pre-2016) 124 - Conservation Tax Credit (Pre-2016) 125 - Qualified Education Expense Credit 125 - Qualified Education Expense Credit 125 - Qualified Education Expense Credit

31-Dec-2017 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017

15,000.00 38,724,943.63 82,785,498.13 108,015,251.64 150,850,384.61
1,337,271.00 1,518,541.92
25,899.08 1,530,205.00 2,242,401.00 1,454,269.00 1,771,655.00 2,243,655.00
233,713.00 531,698.00
94,636.00 10,749.00 32,922,974.00 55,763,197.00 33,734,414.00 19,786,336.00 161,732.00 15,952.00
2,633.00 1,609.00 25,332,384.00 3,410,562.00 785,061.00 347,453.00 75,866.00 5,048,511.00 4,658,241.00 3,228,277.00 2,611,823.00 305,474,565.78 347,577,202.45 412,284,518.86 593,142,918.94 1,343,677.00 1,551,671.00 1,014,645.00 8,337,312.00 5,909,061.00 4,350,523.00 3,261,998.00 40,669,899.00 44,866,399.00 44,319,289.00

125 - Qualified Education Expense Credit 126 - Seed-Capital Fund Credit 126 - Seed-Capital Fund Credit 126 - Seed-Capital Fund Credit 126 - Seed-Capital Fund Credit 127 - Clean Energy Property Credit 127 - Clean Energy Property Credit 127 - Clean Energy Property Credit 127 - Clean Energy Property Credit 129 - Qualified Health Insurance Expense Credit 129 - Qualified Health Insurance Expense Credit 129 - Qualified Health Insurance Expense Credit 129 - Qualified Health Insurance Expense Credit 130 - Quality Jobs Credit 130 - Quality Jobs Credit 130 - Quality Jobs Credit 130 - Quality Jobs Credit 132 - Qualified Investor Credit 132 - Qualified Investor Credit 132 - Qualified Investor Credit 132 - Qualified Investor Credit 133 - Qual. Interactive Ent. Production (2016) 133 - Qual. Interactive Ent. Production (2016) 133 - Qual. Interactive Ent. Production (2016) 133 - Qual. Interactive Ent. Production (Pre-2016) 133 - Qual. Interactive Ent. Production (Pre-2016) 133 - Qual. Interactive Ent. Production (Pre-2016) 133 - Qual. Interactive Ent. Production (Pre-2016) 134 - Alternative Fuel Tax Credit 135 - Historic Structures Rehab Credit (Capped) 135 - Historic Structures Rehab Credit (Capped) 135 - Historic Structures Rehab Credit (Noncapped) 135 - Historic Structures Rehab Credit (Noncapped) 136 - Qualified Rural Hospital Organization Credit 136 - Qualified Rural Hospital Organization Credit 137 - Qualified Parolee Jobs Tax Credit 138 - Postproduction Company Film Tax Credit 139 - Small Postproduction Company Film Tax Credit 140 - Qualified Education Donation Tax Credit 142 - Rural Zone Tax Credit 201 - Disabled Person Home Purchase Credit 201 - Disabled Person Home Purchase Credit 201 - Disabled Person Home Purchase Credit 201 - Disabled Person Home Purchase Credit 202 - Child and Dependent Care Expense Credit 202 - Child and Dependent Care Expense Credit 202 - Child and Dependent Care Expense Credit 202 - Child and Dependent Care Expense Credit

31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2017 31-Dec-2018 31-Dec-2017 31-Dec-2018 31-Dec-2018 31-Dec-2018 31-Dec-2018 31-Dec-2018 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018 31-Dec-2015 31-Dec-2016 31-Dec-2017 31-Dec-2018

41,669,767.00 699,434.00 460,800.00 402,423.00 351,531.00
1,397,756.37 1,428,833.66
483,036.70 442,333.27 227,943.00 296,185.00 371,497.00 339,297.00 16,348,415.98 63,959,779.28 70,408,158.15 56,218,366.63 597,227.00 586,784.00 549,466.00 456,388.00 5,036,312.00 5,677,073.00 7,772,609.23 6,307,128.00 1,592,392.04 918,311.96 217,881.00 250,000.00 6,464,872.00 7,477,692.00 2,708,328.00 3,379,284.00 5,146,228.00 45,290,827.00
7,500.00 1,123,055.00
271,907.00 1,633,839.00
120,229.00 407,258.00 242,769.00 248,296.00 318,493.00 36,914,355.00 38,175,514.00 39,441,249.00 41,344,481.00

203 - Georgia National Guard Credit

31-Dec-2015

731,196.00

203 - Georgia National Guard Credit

31-Dec-2016

689,183.00

203 - Georgia National Guard Credit

31-Dec-2017

751,363.00

203 - Georgia National Guard Credit

31-Dec-2018

689,451.00

204 - Qualified Caregiving Expense Credit

31-Dec-2015

445,441.00

204 - Qualified Caregiving Expense Credit

31-Dec-2016

381,883.00

204 - Qualified Caregiving Expense Credit

31-Dec-2017

429,404.00

204 - Qualified Caregiving Expense Credit

31-Dec-2018

478,256.00

205 - Driver Education Credit

31-Dec-2015

1,052,172.00

205 - Driver Education Credit

31-Dec-2016

961,241.00

205 - Driver Education Credit

31-Dec-2017

890,054.00

205 - Driver Education Credit

31-Dec-2018

977,738.00

206 - Disaster Assistance Credit

31-Dec-2015

57,754.00

206 - Disaster Assistance Credit

31-Dec-2016

123,372.00

206 - Disaster Assistance Credit

31-Dec-2017

352,590.00

206 - Disaster Assistance Credit

31-Dec-2018

370,562.00

207 - Rural Physicians Credit

31-Dec-2015

895,086.00

207 - Rural Physicians Credit

31-Dec-2016

840,114.00

207 - Rural Physicians Credit

31-Dec-2017

874,073.00

207 - Rural Physicians Credit

31-Dec-2018

904,793.00

208 - Adoption of a Foster Child Credit

31-Dec-2015

4,025,911.00

208 - Adoption of a Foster Child Credit

31-Dec-2016

4,546,820.00

208 - Adoption of a Foster Child Credit

31-Dec-2017

5,243,722.00

208 - Adoption of a Foster Child Credit

31-Dec-2018

6,268,863.00

209 - Eligible Single-Family Residence Credit

31-Dec-2015

61,927.00

209 - Eligible Single-Family Residence Credit

31-Dec-2016

42,563.00

209 - Eligible Single-Family Residence Credit

31-Dec-2017

13,280.00

209 - Eligible Single-Family Residence Credit

31-Dec-2018

9,953.00

210 - Other State Tax Credit

31-Dec-2015

289,274,812.00

210 - Other State Tax Credit

31-Dec-2016

280,349,189.00

210 - Other State Tax Credit

31-Dec-2017

298,843,632.00

210 - Other State Tax Credit

31-Dec-2018

340,186,756.00

211 - Low Income Tax Credit

31-Dec-2015

6,821,117.00

211 - Low Income Tax Credit

31-Dec-2016

7,217,142.00

211 - Low Income Tax Credit

31-Dec-2017

7,283,840.00

211 - Low Income Tax Credit

31-Dec-2018

4,830,625.00

Note 1: The tax year referenced is for all tax years/periods ending during the referenced tax year.

Note 2: 2018 returns are still being processed therefore the 2018 numbers may not be complete. Note 3: If a year is not listed, the utilized is zero in that year. Also, if a credit is not listed there is no utilized.