Form Tc-41 - Fiduciary Income Tax - 2012 Page 19
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312012 Utah Fiduciary Income Tax
Page 17
(46) Mineral Production Withholding Tax Credit
(UC §59-6-102(3))
List any Utah mineral production withholding tax from
TC-675R or Utah Schedule K-1 on TC-41W, Part 2. Total
your entries on TC-41W, Part 2 and enter this total on
your TC-41A, Part 5, using code 46.
The mineral production company must provide the fol-
lowing information to you:
• The company’s federal employer identifi cation number
(EIN),
•
The company’s Utah mineral production withholding
account number, and
•
Your share of the mineral production withholding tax.
Keep all TC-675Rs and Utah Schedule K-1(s) with your
records. Do not attach them to your Utah return.
Processing may be delayed or the withholding tax credit
disallowed if you do not complete the TC-41W, Part 2
with all required information.
(47) Agricultural Off-Highway Gas/Undyed Diesel
Credit (UC §59-13-202)
You may claim a credit of 24.5 cents per gallon for motor
fuel and undyed diesel fuel bought in Utah to operate
stationary farm engines and self-propelled farm machin-
ery used solely for commercial nonhighway agricultural
use if the fuel was taxed at the time it was bought. This
does not include (but is not limited to) the following:
golf courses, horse racing, boat operations, highway
seeding, vehicles registered for highway use, hobbies,
personal farming, etc.
Credit calculation:
Gallons _______ x .245 = Credit _____________
There is no form for this credit. Keep all related docu-
ments with your records.
(48) Farm Operation Hand Tools Credit
(UC §59-10-1105)
This credit is for sales and use tax paid on hand tools
purchased and used or consumed primarily and directly
in a farming operation in Utah. The credit only applies if
the purchase price of a tool is more than $250.
There is no form for this credit. Keep all related docu-
ments with your records.
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