Arizona Form 140nr - Nonresident Personal Income Tax Return - 2011 Page 4
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37Items of Interest for 2011
Extra Time for Filing 2011 Returns
New
Credit
for
Renewable
Energy
Production
You have extra time to file and pay for 2011 because April
15, 2012 falls on a Sunday and April 16, 2012 is a legal
You may qualify for this credit if you produced electricity using
holiday in Washington DC. This means that your 2011
renewable energy resources. See Form 343 for information
calendar year tax return is due no later than midnight, April
about this new credit.
17, 2012.
New Solar Liquid Fuel Credit
2011 Standard Deduction Indexed for
You may qualify for this credit if you incurred expenses for
Inflation
research and development costs associated with solar liquid
For 2011, the standard deduction for a single taxpayer or a
fuel. See Form 344 for information about this new credit.
married taxpayer filing a separate return has increased from
New Credit for New Employment
$4,677 to $4,703. The standard deduction for a head of
household or a married couple filing a joint return has
You may qualify for this credit if your business had a net increase
increased from $9,354 to $9,406.
in full-time employees hired in qualified employment positions
after June 30, 2011. See Form 345 for information about this
New Line Added to Individual Income Tax
new credit.
Forms to Report Unpaid Use Tax
2011
Last
Year
to
Claim
Defense
The individual income tax forms now include a line for
Contracting Credits
reporting any use tax that an individual owes from out-of-
state purchases that he or she made in 2011. An individual
Tax year 2011 is the last year that you may use a carryover
will use the individual income tax form to report unpaid use
of the defense contracting credits claimed on Form 302. See
tax only if the individual bought the items for nonbusiness
Form 302 for more information.
purposes and the individual is not a registered retailer. Some
Enterprise Zone Credit Repealed
items are exempt from the use tax. To find out more about
use tax and items exempt from use tax, see the department’s
The enterprise zone credit has been repealed effective June
brochure, Pub 610, Use Tax.
30, 2011. Employment positions filled after June 30, 2011
do not qualify. Credits established in tax year 2011 will
Arizona’s use tax has been part of our tax laws since 1955.
expire if not used by tax year 2016. See Form 304 for more
Every state with a sales tax also has a use tax. When
Arizona shoppers buy from out-of-state sellers who do not
information.
collect tax, this puts in-state sellers at a disadvantage. The
Motion Picture Credit Expired
use tax puts all retailers on a level playing field.
The motion picture credit was effective from and after
Dollar Limit of Clean Elections Fund Tax
December 31, 2005 through December 31, 2010. However,
Credit Increased
if a motion picture production company submitted its
application for pre-approval for motion picture production
The Secretary of State adjusted the various Clean Elections
credits before December 31, 2010, the department will allow
Act dollar amounts. The maximum allowable amount for
qualified expenses incurred after December 31, 2010, as
purposes of the Clean Elections Fund Tax Credit is now
long as the expenses are incurred during the required 24-
20% of the tax liability or $670 ($1,340 for married couples
month period provided in the pre-approval issued by the
filing jointly) whichever is greater.
Arizona Commerce Authority (or its predecessor), and all
Subtraction for Energy Efficient Homes
other requirements have been met. See Form 334 for more
Expired
information.
Credit for Investment in Qualified Small
For taxable years 2002 through 2010, Arizona law allowed a
subtraction for selling one or more new energy efficient
Business Extended
residences located in Arizona. Tax year 2010 was the last year
The period to establish a credit for investment in qualified
for this subtraction. For taxable years 2011 and later, the
small businesses was extended to December 31, 2019. Use
subtraction is no longer allowed.
Form 338 to claim this credit.
Form 140X Simplified
Credit
for
Solar
Energy
Device
-
The department has simplified the Form 140X (individual
Commercial and Industrial Extended
amended return form). This form has a whole new look.
The period to establish a credit for solar energy devices for
The Form 140X now looks more like the Form 140, which
commercial and industrial applications has been extended to
should make the form easier to complete.
December 31, 2018. Use Form 336 to claim this credit.
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