Arizona Form Renewable Energy Production Tax Credit 2021 343 Include with your return. For the calendar year 2021 or fiscal year beginning M M D D 2 0 2 1 and ending M M D D Y Y Y Y . Name as shown on Form 140, 140PY, 140NR, 140X, 140-SBI, 140PY-SBI, 140NR-SBI, 140X-SBI, Social Security or 99T, 120, 120A, 120S, 120X, or 165 Employer Identification Number Part 1 Qualification for and Current Taxable Year’s Credit 1 Did you receive a Certificate from the Arizona Department of Revenue? ...................................... Yes No If “Yes”, include a copy of the Certificate. If “No”, skip line 2. 2 Enter the credit amount on the Certificate from the Arizona Department of Revenue for this taxable year .............................................................................................................................................................. 2 00 3 Did an entity from which you are claiming a pass through renewable energy production tax credit receive a Certificate from the Arizona Department of Revenue?.......................................... Yes No If “Yes”, include a copy of the certificate and Form(s) 343-P and/or Form(s) 343-S. If “No”, skip lines 4 and 5. If you checked “No” for both line 1 and line 3, do not file this form unless you have carryovers from prior years. 4 Enter the amount of this credit passed through from partnerships on Form 343-P, line 3c ............................................ 4 00 5 Enter the amount of this credit passed through from S Corporations on Form 343-S, line 3c ........................................ 5 00 6 Add lines 2, 4, and 5. Enter the total. This is your current taxable year’s Renewable Energy Production Tax Credit ................................................................................................................................................... 6 00 Part 2 Partnerships A partnership claiming this credit must pass it through to its partners. • Complete Form 343-P for each partner. • Provide a completed copy of Form 343-P to each partner. • Include a copy of each completed Form 343-P with your tax return. • Keep a copy of each completed Form 343-P for your records. • Do not complete Parts 3 through 5 of this form. Part 3 S Corporation Credit Election and Shareholder’s Share of Credit 7 The S Corporation has made an irrevocable election for the taxable year ending M M D D Y Y Y Y to (check only one box): 7a Claim the renewable energy production tax credit as shown on Part 1, line 6 (for the taxable year indicated above); OR 7b Pass the renewable energy production tax credit as shown on Part 1, line 6 (for the taxable year indicated above) through to its shareholders. Signature Title Date If passing the credit through to the shareholders, complete Form 343-S for each shareholder. • Provide a copy of the completed Form 343-S to each shareholder. • Include a copy of each completed Form 343-S with your tax return. • Keep a copy of each completed Form 343-S for your records. Continued on page 2 ADOR 11146 (21) |
Name (as shown on page 1) EIN Part 4 Available Credit Carryover (a) (b) (c) (d) Taxable Year Original Credit Amount Amount Previously Used Available Carryover: Subtract column (c) from column (b). 8 00 00 00 9 00 00 00 10 00 00 00 11 00 00 00 12 00 00 00 13 Total Available Carryover: Add lines 8 through 12 in column (d). Enter the total. ...................................................... 13 00 Part 5 Total Available Credit 14 Current year’s credit: • Individuals, C Corporations, S Corporations claiming this credit at the corporate level, or exempt organizations with UBTI: Enter the amount from Part 1, line 6. • Individuals that did not make the Small Business Income election: Also, enter this amount on Form 301, Part 1, line 20, column (a). • Individuals that made the Small Business Income election: Also enter this amount on Form 301-SBI, Part 1, line 15, column (a) • C Corporations, S Corporations claiming this credit at the corporate level, and exempt organizations with UBTI: Also, enter this amount on Form 300, Part 1, line 13, column (a) ......................................................... 14 00 15 Available credit carryover from Part 4, line 13, column (d): • Individuals that did not make the Small Business Income election: Also, enter this amount on Form 301, Part 1, line 20, column (b). • Individuals that made the Small Business Income election: Also, enter this amount on Form 301-SBI, Part 1, line 15, column (b) • C Corporations, S Corporations claiming this credit at the corporate level, or exempt organizations with UBTI: Also, enter this amount on Form 300, Part 1, line 13, column (b) ............................................................................ 15 00 16 Total available credit: Add lines 14 and 15 and enter the total. • Individuals that did not make the Small Business Income election: Also, enter this amount on Form 301, Part 1, line 20, column (c). • Individuals that made the Small Business Income election: Also, enter this amount on Form 301-SBI, Part 1, line 15, column (c). • C Corporations, S Corporations claiming this credit at the corporate level, or exempt organizations with UBTI: Also, enter this amount on Form 300, Part 1, line 13, column (c) ............................................................................ 16 00 ADOR 11146 (21) AZ Form 343 (2021) Print Page 2 of 2 |