Historic Tax Credit Calculator

Calculate federal and state historic tax credits for qualifying rehabilitation projects.

Project Details

Tax & Syndication

Typical fee for selling credits to investors

Total Tax Credits

$900,000

30.0% of total project cost

Credit Breakdown

Federal HTC (20%)$400,000
State HTC$500,000

Investment Analysis

Total Project Cost$3,000,000
Net After Credits$2,100,000
Basis Reduction (50% of Fed HTC)$200,000
Reduced Depreciable Basis$2,800,000

Syndication Option

Gross Credit Value$400,000
Net Syndication Proceeds$340,000

Depreciation Benefits

Annual Depreciation$61,025.641
Annual Tax Savings$21,358.974
5-Year Total Benefit$2,606,794.872