Tc-40 Forms And Instructions - Individual Income Tax Page 26
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Part 5 - Refundable Credits
(41) Special Needs Adoption Credit
(UC §59-10-1104)
Claim the following refundable credits that apply on TC-40A,
You may claim a credit of $1,000 for each special needs child
Part 5 and attach it to your Utah return.
you adopt for whom the adoption order was issued by a Utah
On TC-40A, write the code and amount of each credit you
court. This credit may only be claimed the year the court issues
are claiming. Enter the sum of these credits being claimed on
the adoption order.
line 38 of your Utah TC-40. Each refundable credit is explained
To claim this credit, the child must meet one of the following
below.
conditions: (1) be fi ve years of age or older; (2) be under the
Keep all related documents, including credit forms, with your
age of 18 with a physical, emotional, or mental disability; or
records. You may have to provide this information later to verify
(3) be part of a sibling group (two or more persons) placed
a credit claimed on your return.
together for adoption.
Codes for Refundable Credits, TC-40A Part 5
There is no form for this credit. Keep all related documents
39 Renewable Commercial Energy Systems Tax Credit
with your records.
40 Targeted Business Tax Credit
41 Special Needs Adoption Credit
(47) Agricultural Off-highway Gas/Undyed Diesel Credit
47 Agricultural Off-highway Gas/Undyed Diesel Credit
(UC §59-13-202)
48 Farm Operation Hand Tools Credit
You may claim a credit of 24.5 cents per gallon for motor fuel
and undyed diesel fuel bought in Utah to operate stationary
(39) Renewable Commercial Energy Systems Tax Credit
farm engines and self-propelled farm machinery used solely
(UC §59-10-1106)
for commercial nonhighway agricultural use if the fuel was
This credit is for reasonable costs, including installation, of
taxed at the time it was bought. This does not include (but is
a commercial energy system that is an active solar system,
not limited to) the following: golf courses, horse racing, boat
a direct-use geothermal system, a geothermal heat-pump
operations, highway seeding, vehicles registered for highway
system, a hydro-energy system, or a passive solar system.
use, hobbies, personal farming, etc.
Credit is also allowed for a commercial system that uses wind,
Credit calculation: Gallons _______ x .245 = Credit _________
geothermal electricity, or biomass equipment.
There is no form for this credit. Keep all related documents
Get form TC-40E, Renewable Residential and Commercial
with your records.
Energy Systems Tax Credits, from the Utah Offi ce of Energy
Development with their certifi cation stamp, verifying the credit
(48) Farm Operation Hand Tools Credit
is approved and showing the amount of the approved credit.
(UC §59-10-1105)
Do not send this form with your return. Keep the form and all
This credit is for sales and use tax paid on hand tools
purchased and used or consumed primarily and directly in
related documents with your records.
a farming operation in Utah. The credit only applies if the
For more information contact:
purchase price of a tool is more than $250.
Utah Offi ce of Energy Development (OED)
There is no form for this credit. Keep all related documents
195 N 1950 W, 2nd Floor
with your records.
Box 144845
Salt Lake City, UT 84114-4845
801-538-8718
energy.utah.gov
(40) Targeted Business Tax Credit
(UC §63M-1-504)
You may not claim this credit the same year you claim
the enterprise zone tax credit (nonapportionable
nonrefundable credit, code 07) or the recycling market
development zone tax credit (nonapportionable nonre-
fundable credit, code 10).
A credit is available to businesses providing a community
investment project as defi ned in UC §§63M-1-501 through
63M-1-503. Get a certifi ed copy of form TC-40TB, Targeted
Business Tax Credit. Keep this form and all related documents
with your records.
For more information contact:
Governor's Offi ce of Economic Development
60 E South Temple, 3rd Floor
PO Box 146950
Salt Lake City, UT 84114-6950
801-538-8804
business.utah.gov/incentives/enterprise_zones
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