Form Tc-20 - Utah Corporation Franchise Or Income Tax Return Instructions

Line 26 – Total Tax

Worksheet for Computing Utah Use Tax

Add line 24 and line 25. Carry this amount to TC-20,

page 1, line 7.

(Retain this worksheet for your records)

1. Amount of purchases (except grocery food)

Line 27 – Refundable Credits

subject to use tax ................................................. $ _ _ ____ _ _

Add lines 27a through 27d.

2. Use tax rate (decimal from chart) ........................ x . _ _ _ _

3. Multiply line 1 by line 2 ......................................... $ _ _ _ ___ _ _

Claim any of the following refundable credits that ap-

ply. Write the code and amount of each credit you

4. Amount of grocery food purchases

subject to use tax ................................................. $ _ _ _ ___ _ _

are claiming on lines 27a through 27d. Enter the sum

of these credits on line 27. Each refundable credit is

5. Multiply line 4 by .03 ............................................ $ _ _ _ ___ _ _

explained below.

6. Add line 3 and line 5 ............................................ $ _ _ _ ___ _ _

7. Credit for sales tax paid to another state

on use tax purchases ........................................... $ ( __ _ _ _ _ _ )

Codes for lines 27a through 27d

8. Use tax due (subtract line 7 from line

6)___________

If less than zero, enter “0” .................................... $ _ _ _ ___ _ _

39 Renewable Commercial Energy Systems Tax

Credit

40 Targeted Business Tax Credit

43 Pass-through Entity Withholding Tax Credit

46 Mineral Production Withholding Tax Credit

47 Agricultural Off-highway Gas/Undyed Diesel Fuel

Use Tax Rate Chart

(Effective Dec. 31, 2011)

Tax Credit

.0595

Beaver County

.0595

Millard County

.0695

Beaver City

.0595

Morgan County

48 Farm Operation Hand Tools Credit

.0595

Box Elder County

.0595

Piute County

.0650

Brigham City, Perry,

.0595

Rich County

Willard

.0755

Garden City

.0695

Snowville

.0685

Salt Lake County

(39) Renewable Commercial Energy Systems

.0630

Cache County

.0705

South Salt Lake

.0655

Cache Valley Transit,

.0835

Alta

Tax Credit (UC §59-7-614)

Hyde Park, Lewiston,

.0595

San Juan County

This credit is for reasonable costs, including installation,

Millville

.0635

Blanding, Monticello

of a commercial energy system that is an active solar

.0660

Hyrum, Logan, Nibley,

.0595

Sanpete County

N. Logan, Providence,

.0625

Ephraim, Fairview,

system, a direct-use geothermal system, a geothermal

Gunnison, Mt. Pleasant

Richmond, River Heights,

heat-pump system, a hydro-energy system, or a passive

Smithﬁ eld

.0595

Sevier County

solar system. Credit is also allowed for a commercial

.0595

Carbon County

.0605

Aurora, Redmond

system that uses wind, geothermal electricity or bio-

.0625

Wellington

.0635

Richﬁ eld, Salina

mass equipment.

.0635

Price

.0605

Summit County

.0695

Daggett County

.0635

Snyderville Basin Transit

Get form TC-40E, Renewable Residential and Com-

.0650

Davis County

.0745

Park City

.0660

Bountiful, Centerville,

.0595

Tooele County

mercial Energy Systems Tax Credits, from the Utah

Hill Air Force Base City,

.0625

Erda, Grantsville,

Ofﬁ ce of Energy Development with their certiﬁ cation

N. Salt Lake, W. Bountiful,

Lakepoint, Lincoln,

stamp, verifying the credit is approved and showing

Woods Cross

Stansbury Park

the amount of the approved credit. Do not send this

.0595

Duchesne County

.0635

Tooele City

.0605

Duchesne City

.0605

Uintah County

form with your return. Keep the form and all related

.0635

Roosevelt

.0635

Naples, Vernal

documents with your records.

.0595

Emery County

.0675

Utah County

.0775

Green River

.0685

Cedar Hills, Orem

For more information, contact:

.0695

Garﬁ eld County

.0595

Wasatch County

.0795

Boulder, Panguitch,

.0625

Heber

Utah Ofﬁ ce of Energy Development

Tropic

.0705

Independence

195 N 1950 W, 2nd Floor

.0805

Bryce Canyon

.0735

Midway, Park City East

Box 144845

.0595

Grand County

.0595

Washington County

SLC, UT 84114-4845

.0785

Moab

.0625

Hurricane, Ivins, La

.0595

Iron County

Verkin, St. George,

801-536-4235

.0605

Cedar City

Santa Clara,

energy.utah.gov

.0785

Brian Head

Washington City

.0595

Juab County

.0755

Springdale

(40) Targeted Business Tax Credit

.0620

Santaquin South

.0595

Wayne County

.0625

Nephi

.0685

Weber County

(UC §63M-1-504)

.0695

Kane County

.0705

Hill Air Force Base

A business may not claim the targeted business tax

.0795

Kanab, Orderville

Riverdale, Riverdale

credit in the same year the business claims the enter-

prise zone credit (nonrefundable credit, code 07) or the

recycling market development zone credit (nonrefund-

able credit, code 10).

Page 12

Form Tc-20 - Utah Corporation Franchise Or Income Tax Return Instructions - 2011 Page 14

Related Articles

Related forms

Related Categories