Arizona Form 335 - Credit For Corporate Contributions To School Tuition Organizations - 2015 Page 2

Download a blank fillable Arizona Form 335 - Credit For Corporate Contributions To School Tuition Organizations - 2015 in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Arizona Form 335 - Credit For Corporate Contributions To School Tuition Organizations - 2015 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

Name (as shown on page 1)

EIN

Available Credit Carryover

Part 2

(a)

(b)

(c)

(d)

Taxable Year

Original Credit Amount

Amount Previously Used

Available Carryover:

Subtract column (c) from

column (b).

19 TOTAL AVAILABLE CARRYOVER: Add lines 14 through 18 in column (d) .........................................................

Part 3

Total Available Credit

Corporations, exempt organizations with UBTI, and S corporations:

20 Total current year’s contributions:

• Partnerships passing through this credit, enter zero (“0”).

• Qualified S corporations electing to pass through this credit, enter zero (“0”). (Complete Part 4 to determine

if qualified.)

• All others, enter the amount from line 13.

• Also enter this amount on Form 300, Part 1, line 14, column (a).......................................................................

21 Available credit carryover from Part 2, line 19, column (d).

• Also enter this amount on Form 300, Part 1, line 14, column (b) .......................................................................

22 Total available credit: Add lines 20 and 21.

• Also enter this amount on Form 300, Part 1, line 14, column (c) .......................................................................

NOTE: Partnerships proceed to the instruction box at the bottom of this page. S corporations, continue to Part 4.

Part 4

S Corporation Credit Election

S corporations may elect to pass this credit through to its shareholders if its combined contributions to School Tuition Organizations and School Tuition

Organizations for Displaced Students or Students With Disabilities, Forms 335 and 341, are greater than, or equal to, $5,000.00.

23 Total contributions from line 11 .......................................................................

24 Total contributions from Form 341, line 11 ......................................................

25 Total contributions: Add lines 23 and 24 ...............................................................................................................

Yes



26 Is line 25 greater than or equal to $5000.00?.........................................................................................................

If “Yes”, you qualify and may elect to pass this credit through to the individual shareholders of the S corporation.

To do this, complete the authorization below.

If “No”, STOP, the S corporation cannot pass this credit through to its individual shareholders.

M M D D Y Y Y Y

27 The S corporation has made an irrevocable election for the taxable year ending

to:



Pass the credit as shown on line 13, for the taxable year indicated above, through to its individual shareholders.

Signature

Title

Date

S corporations making the election to pass on this credit to its shareholders, proceed to the instructions below.

INSTRUCTIONS:

• Partnerships passing this credit though to its corporate partners, complete Form 335-P for each corporate partner, and include a copy of this form

with your return. Provide a copy of Form 335-P to each corporate partner.

• S corporations passing this credit through to its individual shareholders, complete Form 335-S for each shareholder, and include a copy of this form

with your return. Provide a copy of Form 335-S to each shareholder.

ADOR 10713 (15)

AZ Form 335 (2015)

Page 2 of 2