Arizona Form         Agricultural Pollution Control Equipment Credit – 
               325-S        Distribution to Shareholders of an S Corporation                                               2019

  For the calendar year 2019 or fiscal year beginning M M D D 2 0 1 9  and ending         M M D D Y Y Y Y  .

S Corporations:
  • Complete Form 325-S for each shareholder of the S corporation except for trust or estate shareholders.  
  However, an S corporation ownership share that is owned by a grantor trust that is disregarded for federal 
  income tax purposes is treated as owned by the grantor.  The grantor may claim his or her share of the credit.
  • Provide a copy of the completed form to each shareholder.
  • Keep a copy of each completed Form 325-S for your records.
  • Include a copy of each completed Form 325-S with your S corporation return.

Shareholders:
  • Use this form to complete your own Form 325.
  • Include this completed form with your return.
  • Keep a copy of this form for your records.

NOTE:  If you file your tax return on a calendar year basis but this entity files a return on a fiscal year basis (see above), 
claim this credit on your tax return for the year in which this entity’s fiscal year ends.

Part 1 S Corporation and Shareholder Information

  (a) S corporation Name                                      (b) Employer Identification Number (EIN)
1
  (a) Shareholder Name                                        (b) Taxpayer Identification Number (TIN) (c) Ownership Percentage
2                                                                                                                              %

Part 2 Distribution of the Credit

3 Enter the S corporation credit amount from Form 325, Part 3, line 19 .........................................         3     00
4 Multiply the amount on line 3 by the shareholder’s ownership percentage shown on line 2(c). 
  Enter the result. This is the shareholder’s portion of the credit .................................................... 4     00

  Shareholder:
  The amount reported on line 4 is your portion of this credit.  The amount on line 4 should be included on your own 
  Form 325, Part 2, line 16.

ADOR 11281 (19)