Name:
TIN:
AZ Form 306 (2012)
Page 2 of 3
Part V
Credit Calculation for Non-Dislocated Military Base Employees
(a)
(b)
(c)
Number of non-dislocated military
Allowable credit -
base employees
Credit allowed per employee
multiply column (a) by column (b)
19
New employees in fi rst
$500
year of employment
20
Employees in the second
year of continuous
$1,000
employment
Employees in the third year
21
$1,500
of continuous employment
Employees in the fourth year
22
$2,000
of continuous employment
23
Employees in the fi fth year
$2,500
of continuous employment
24
Total
Part VI S Corporation Credit Election and Shareholder’s Share of Credit
MM DD YYYY
MM DD YYYY
25 The S corporation has made an irrevocable election for the taxable year ending
to:
(CHECK ONLY ONE BOX)
Claim the military reuse zone credit shown on Part IV, line 18, column (c) and Part V, line 24, column (c)
(for the taxable year mentioned above);
OR
Pass the military reuse zone credit shown on Part IV, line 18, column (c) and Part V, line 24, column (c)
(for the taxable year mentioned above) through to its shareholders.
Signature
Title
Date
If passing the credit through to the shareholders, complete lines 26 through 29 separately for each shareholder.
Furnish each shareholder with a copy of pages 1, 2 and 3 of Form 306.
26 Name of shareholder
27 Shareholder’s TIN
00
28 Shareholder’s share of the amount on Part IV, line 18, column (c) ................................................................................. 28
00
29 Shareholder’s share of the amount on Part V, line 24, column (c) .................................................................................. 29
Part VII Partner’s Share of Credit
Complete lines 30 through 33 separately for each partner.
Furnish each partner with a copy of pages 1, 2 and 3 of Form 306.
30 Name of partner
31 Partner’s TIN
00
32 Partner’s share of the amount on Part IV, line 18, column (c) ........................................................................................
32
00
33 Partner’s share of the amount on Part V, line 24, column (c) .......................................................................................... 33
ADOR 10133 (12)