Form Tc-65 - Utah Partnership / Limited Liability Partnership / Limited Liability Company Return Instructions - 2011 Page 18
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25Form TC-40E, Renewable Residential and Commercial
(36) Previous Pass-through Entity Withholding Tax
Energy Systems Tax Credits, must be obtained from the
(UC §59-10-1103)
Utah Offi ce of Energy Development with their certifi ca-
If this partnership has an interest in a partnership, LLP or
tion stamp, verifying the credit is approved and showing
LLC (pass-through entity), the other partnership, LLP or
the amount of the approved credit. Do not send form
LLC is required to withhold Utah income tax on any income
TC-40E with your return. Keep the form and all related
attributable to this partnership. The pass-through entity
documents with your records.
must provide a Utah Schedule K-1 showing the amount
of Utah withholding paid on behalf of this partnership.
For more information, contact:
This pass-through entity withholding tax is then distrib-
Utah Offi ce of Energy Development
uted to the partners of this partnership. Complete TC-250,
195 N 1950 W, 2nd Floor
Part 2, and then enter and allocate the total previous
Box 144845
pass-through entity withholding tax using code 36.
SLC, UT 84114-4845
801-536-4235
Do not include the Utah Schedule K-1 the partnership
energy.utah.gov
received showing this credit when fi ling this partner-
ship’s return.
(24) Qualifying Solar Project Credit
(UC §59-10-1024)
(39) Renewable Commercial Energy
You may claim a credit of 25 percent of the amount paid
Systems Tax Credit
to buy one or more solar units from a qualifying political
(UC §59-10-1106)
subdivision (as defi ned in UC §59-10-1024), up to a
This credit is for reasonable costs, including installation,
maximum credit of $2,000. This credit is in addition to
of a commercial energy system that is an active solar
any other energy credit you claim.
system, a direct-use geothermal system, a geothermal
heat-pump system, a hydro-energy system, or a passive
A qualifying solar unit is a portion of the electrical out-
solar system. Credit is also allowed for a commercial
put of an active solar project constructed, controlled
system that uses wind, geothermal electricity, or bio-
or owned by a qualifying political subdivision, which
mass equipment.
generates electricity furnished to and for the benefi t
of one or more residential units, and is sold to the
Get form TC-40E, Renewable Residential and Com-
taxpayer in exchange for a credit on the taxpayer’s
mercial Energy Systems Tax Credits, from the Utah
electrical bill.
Offi ce of Energy Development with their certifi cation
stamp, verifying the credit is approved and showing
There is no form for this credit. Keep all related docu-
the amount of the approved credit. Do not send this
ments with your records.
form with your return. Keep the form and all related
Calculation of Qualifying Solar Project Credit
documents with your records.
1. Amount paid for solar unit(s)
$_____
For more information, contact:
2. Multiply line 1 by 25% (.25)
$_____
Utah Offi ce of Energy Development
195 N 1950 W, 2nd Floor
3. Maximum allowable credit
$2,000
Box 144845
4. Enter lesser of line 2 or line 3.
$_____
SLC, UT 84114-4845
801-536-4235
This is your credit.
energy.utah.gov
Contact your city or electrical utility provider for more
information.
(40) Targeted Business Tax Credit
(UC §63M-1-504)
A business may not claim the targeted business tax
Refundable Credits –
credit in a year the business has claimed either the
Codes and Instructions
enterprise zone credit (nonrefundable credit, code
07) or the recycling market development zone credit
36 Previous Pass-through Entity Withholding Tax
(nonrefundable credit, code 10).
39 Renewable Commercial Energy Systems Credit
A credit is available to businesses providing a commu-
(TC-40E)
nity investment project as defi ned in UC §§63M-1-501
40 Targeted Business Tax Credit (TC-40TB)
through 63M-1-503. Get a certifi ed copy of form TC-
40TB, Targeted Business Tax Credit. Keep this form
46 Mineral Production Withholding Tax Credit
and all related documents with your records.
(TC-675R)
To obtain form TC-40TB, certifi cation, and for additional
47 Agricultural Off-highway Gas/Undyed Diesel Fuel
information, contact:
Credit
Governor’s Offi ce of Economic Development
48 Farm Operation Hand Tools Credit
324 S State St., Suite 500
Salt Lake City, UT 84111
801-538-8804
goed.utah.gov/incentives/enterprise_zones
Page 16
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Tc-65 - Utah Partnership/limited Liability Partnership/ Limited Liability Company Return - 2011
Financial
Form Tc-65 - Utah Partnership/limited Liability Partnership/limited Liability Company Return - 2011
Financial
Form Tc-65 - Utah Partnership/limited Liability Partnership, Limited Liability Company Return Of Income - 2001
Financial
Form Tc-65 - Utah Partnership/limited Liability Partnership, Limited Liability Company Return Of Income - 2000
Financial
Form Tc-65 - Utah Partnership/limited Liability Partnership, Limited Liability Company Return Of Income - 1999
Financial
Form Tc-65 - Utah Partnership/limited Liability Partnership/limited Liability Company Return Of Income - 2002
Financial
Form Tc-65 - Utah Partnership/limited Liability Partnership/ Limited Liability Company Return - 2012
Financial
Form Tc-65 - Utah Partnership/limited Liability Partnership/limited Liability Company Return - 2010
Financial
Related Categories
Parent category: Financial