Instructions For Arizona Form 120x - Arizona Amended Corporation Income Tax Return - 2013 Page 3
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6Arizona Form 120X
Pollution Control Credit. This tax credit is for
Credit for Corporate Contributions to School
expenses incurred during the taxable year to purchase
Tuition Organizations. This credit is for corporations
real or personal property used in the taxpayer's trade or
who make contributions to school tuition organizations
business in Arizona to control or prevent pollution.
which provide scholarships and tuition grants to
Complete Form 315 to claim this tax credit.
children attending qualified nongovernmental schools.
Use Form 335 to claim this tax credit.
Credit for Taxes Paid for Coal Consumed in
Credit for Solar Energy Devices - Commercial and
Generating Electrical Power. This tax credit is for a
Industrial Applications. This credit is available to
percentage of the amount paid by the seller or purchaser as
taxpayers that install solar energy devices for
transaction privilege tax or use tax for coal sold to the
commercial, industrial, or any other nonresidential
taxpayer that is consumed in the generation of electrical
purpose in the taxpayer’s trade or business located in
power in Arizona. "Amount paid by the seller or purchaser
Arizona. The taxpayer or an exempt organization may
as transaction privilege tax or use tax" means that the
transfer the credit to a third party that either financed,
Arizona transaction privilege tax was passed through to the
installed, or manufactured the qualifying solar energy
taxpayer by the seller as an added charge or that the seller
device. Use Form 336 to figure this tax credit.
collected the Arizona use tax from the taxpayer or that the
taxpayer paid the Arizona use tax to the department.
Credit for Water Conservation System Plumbing
Complete Form 318 to claim this tax credit.
Stub Outs. The credit for water conservation system
plumbing stub outs has expired. This credit may not be
Credit for Solar Hot Water Heater Plumbing Stub
claimed for taxable years ending after December 31,
Outs and Electric Vehicle Recharge Outlets. This tax
2011. However, any credit carryover established in
credit is for the installation of solar hot water heater
calendar year 2011 and prior will be allowed for not
plumbing stub outs and electric vehicle recharge outlets
more than five consecutive taxable years. Use Form 337
in houses or dwelling units constructed by the taxpayer.
to figure any allowable credit carryover.
The houses or dwelling units must be located in
Arizona. Complete Form 319 to claim this tax credit.
Credit for Corporate Contributions to School
Tuition Organizations for Displaced Students or
Credit for Employment of TANF Recipients. This tax
Students With Disabilities. This tax credit is for
credit is for net increases in qualified employment for
corporations who make contributions to school tuition
recipients of temporary assistance for needy families
organizations that provide scholarships and tuition
(TANF) who are residents of Arizona. Complete
grants to qualifying children attending qualified
Form 320 to claim this tax credit.
nongovernmental schools. Use Form 341 to claim this
Agricultural Pollution Control Equipment Credit.
tax credit.
This tax credit is for expenses incurred during the
Renewable Energy Production Tax Credit. This tax
taxable year to purchase tangible personal property that
credit is for taxpayers that produce electricity using
is primarily used in the taxpayer’s business in Arizona
qualified energy resources. Approval by the Arizona
to control or prevent agricultural pollution. Complete
Department of Revenue is required prior to claiming
Form 325 to claim this tax credit.
this tax credit. Use Form 343 to claim this tax credit.
Credit for Donation of School Site. This tax credit is
Solar Liquid Fuel Credit. This tax credit is for
for the donation of real property and improvements to
taxpayers that increase research activities related to
an Arizona school district or Arizona charter school for
solar liquid fuel. Additional credits will become
use as a school or as a site for the construction of a
available in 2016 for production and delivery system
school. Complete Form 331 to claim this tax credit.
costs. Use Form 344 to claim this tax credit.
Credits for Healthy Forest Enterprises. These tax credits
Credit for New Employment. This tax credit is for
are for net increases in qualified employment positions in a
taxpayers that have net increases in employment. The
healthy forest enterprise and net training and certifying
credit limit is administered by the Arizona Commerce
costs. Use Form 332 to claim these tax credits.
Authority. Use Form 345 to claim this tax credit.
Credit for Employing National Guard Members.
Additional Credit for Increased Research Activities
This credit is for an employer who has an employee that
for Basic Research Payments. This tax credit is for
is a member of the Arizona National Guard and the
taxpayers that make qualified basic research payments
employee was placed on active duty. Use Form 333 to
for research conducted in Arizona. Approval by the
claim this tax credit.
Arizona Department of Revenue is required prior to
claiming this tax credit. Use Form 346 to claim this tax
Motion Picture Credits. Motion picture production
credit.
companies that produced motion pictures, commercials,
music videos, or television series completely or partially in
Credit for Qualified Health Insurance Plans. This tax
Arizona may claim a transferable income tax credit for
credit is for employers that provide qualified health
production costs. To qualify, productions must have been
insurance plans or contribute to health savings accounts
preapproved by the Arizona Commerce Authority by
for its employees who are Arizona residents. Use
December 31, 2010. Use Form 334 to claim this tax credit.
Form 347 to claim this tax credit.
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