Arizona Form 308 - Credit For Increased Research Activities

Arizona Form 308 - Credit For Increased Research Activities - 2016 Page 6

Arizona Form 308

Line 65 -

NOTE: If you qualify for and are claiming a 75% refund of

your excess credit for the current year, enter only the

If you completed Part 7 and are receiving a refund, enter zero

nonrefundable portion of the current year’s credit here (from,

(“0”). Otherwise, enter your pre-2003 credit carryover amount

Part 7, line 40c).

from Part 10, line 62f.

Enter the refundable portion of the credit (the amount from

Line 66 -

Part 7, line 44) on Form 99T, line 12; or Form 120, line 22; or

If you completed Part 7 and are receiving a refund, enter zero

Form 120A, line 14; or Form 120S, line 18; or Form 120X,

(“0”). Otherwise, enter your post-2002 credit carryover amount

line 22.

from Part 11, line 63e.

Carry forwards from previous years of the credit for increased

Also, enter the sum of line 65 and line 66 on Form 300, Part 1,

research activities will carry over to the following year,

line 4 column (b).

provided the credit is within the 15-year carry forward period.

Line 67 -

Add the amounts from lines 64, 65, and 66. This is the total

available credit for increased research activities that may be

applied to the current taxable year's tax liability. Enter the total

here and on Form 300, Part 1, line 4, column (c).

Arizona Form 308 - Credit For Increased Research Activities - 2016 Page 6