‘Teen Wolf’ Takes $11.5 Million as Top California Production Tax Credit What’s your Reaction? +1 0 +1 0 +1 0 +1 0 +1 0 Facebook Twitter Email The fifth season of MTV’s “Teen Wolf” will receive $11.5 million in tax credits, the highest of the 26 new allocations from California’s Film and Television Tax Credit program for the 2014-15 fiscal year. With $77.6 million, “Teen Wolf” and 11 other continuing series took the lion’s share of the $100 million in allocations. “Teen Wolf,” which relocated from Georgia in 2012, will receive a credit for nearly 25% of its $46.3 million in qualified costs. Most projects receive 20% allocations, but TV series that filmed all previous episodes outside California are eligible for a 25% credit. “Teen Wolf” topped a pair of Horizon series — “Rizzoli & Isles” with $8.9 million and “Pretty Little Liars” with $8.4 million — followed by Warner Bros.’ “Major Crimes” with $7.9 million. The California Film Commission, which administers the five-year-old program, disclosed the allocations Tuesday. It had made the initial lottery selections from 497 applications on June 2, but held off for a month in order to verify eligibility. [youtube_sc url=http://www.youtube.com/watch?v=zs9290471rw]