Name (as shown on page 1)
TIN
Part 2
Credit Recapture (continued)
17 Did you receive a notice of recapture on Form 351-P or Form 351-S?
Yes
No
a
If “Yes”, proceed to line 18. Include a copy of Form 351-P or 351-S.
b
If “No”, skip to Part 3.
18 a
Enter the facility code from Form 351-P, line 1(c) or Form 351-S Line 1(c):
b
Name of partnership or S corporation:
c
EIN:
19 Enter the tax year(s) you claimed the credit:
20 Enter the total credit amount subject to recapture previously passed through to you from
00
Form 351-P, line 7, or Form 351-S, line 7 .............................................................................
20
00
21 Enter the total amount of unused credit carryover(s) ...........................................................
21
22 Subtract line 21 from line 20 and enter the difference. If line 22 is less than zero, see
00
instructions ...........................................................................................................................
22
23 Enter the greater of line 22 or zero. This is the amount of recapture passed through
00
to you from an S corporation or a partnership ................................................................
23
24 Add lines 16 and 23 and enter the total on line 24. This is your total recapture amount.
• Individuals enter this amount on Form 301, line 39 ........................................................................................................
• Corporations, exempt organizations with UBTI, and S corporations who claimed this credit, enter this amount on
00
Form 300, line 30 ............................................................................................................................................................
24
Available Credit Carryover
Part 3
(a)
(b)
(c)
(d)
(e)
M M D D Y Y
Taxable Year Ending:
25
Original credit
00
amount........................
26
Minus amount
00
previously used...........
27
Net available
00
carryover.....................
28
Minus carryover
00
disqualified..................
29
Total available
00
carryover for each year
00
30
TOTAL AVAILABLE CARRYOVER: Enter the amount from line 29(a) ...........................................................................
30
Part 4
Total Available Credit
31
Total current year’s credit: Enter the amount from Part 1, line 9.
• Individuals: Also enter this amount on Form 301, line 32, column (a).
• Corporations, exempt organizations with UBTI, and S corporations claiming this credit: Also enter this amount on
00
Form 300, line 23, column (a) ......................................................................................................................................
31
32
Available credit carryover: Enter the amount from Part 3, line 30.
• Individuals: Also enter this amount on Form 301, line 32, column (b).
• Corporations, exempt organizations with UBTI, and S corporations claiming this credit: Also enter this amount on
00
Form 300, line 23, column (b) ......................................................................................................................................
32
33
Total available credit: Add line 31 and line 32 and enter the total on line 33.
• Individuals: Also enter this amount on Form 301, Part 1, line 32, column (c).
• Corporations, exempt organizations with UBTI, and S corporations claiming this credit: Also enter this amount on
00
Form 300, Part 1, line 23, column (c) ..........................................................................................................................
33
ADOR 11222 (15)
AZ Form 351 (2015)
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