Arizona Credit for Renewable Energy Investment and Production
Extracted from PDF file 2023-arizona-form-351-p.pdf, last modified July 2015Credit for Renewable Energy Investment and Production
Arizona Form 351-P Credit for Renewable Energy Investment and Production for SelfConsumption by International Operations Centers – Distribution to Corporate Partners of a Partnership 2023 For the calendar year 2023 or fiscal year beginning M M D D 2 0 2 3 and ending M M D D Y Y Y Y . Partnerships: • Complete Form 351-P for each corporate partner in the partnership. • Provide a copy of the completed form and the certificate received from the Arizona Department of Revenue to each partner. • Keep a copy of each completed Form 351-P for your records. Corporate Partners: • Use this form to complete your own Form 351. • Include this completed form and a copy of the certificate received from the Arizona Department of Revenue with your return. • Keep a copy of this form and certificate 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 Distribution of the Credit Complete this portion to distribute the credit to each partner in the partnership. 1 (a) Partnership Name (b) Employer Identification Number (EIN) (c) Facility Code (a) Corporate Partner Name (b) Taxpayer Identification Number (TIN) 2 3a Partnership credit amount from Form 351, Part 1, line 9......................................................... 3a $ 00 3b Corporate Partner’s ownership percentage.............................................................................. 3b 3c Multiply the amount on line 3a by the percentage on line 3b. Enter the result. This is the partner’s portion of the credit.................................................................................................... 3c $ % 00 Partners: Enter the amount from line 3c on your Form 351, Part 1, line 7. Part 2 Distribution of the Credit Recapture Complete this portion to notify each corporate partner in the partnership of their share of the credit to be recaptured. 4 5 (a) Partnership Name (b) Employer Identification Number (EIN) (a) Corporate Partner Name (b) Taxpayer Identification Number (TIN) (a) Facility Code (b) Tax Year(s) Passed Through to This Partner 6 7 Corporate Partner’s portion of the credit subject to recapture.................................................. 7 $ 00 Corporate Partners: Enter the amount from line 7 on your Form 351, Part 2, line 20. ADOR 11248 (23) Print
Arizona Form 351-P
More about the Arizona Form 351-P Corporate Income Tax Tax Credit TY 2023
This is a Credit for Renewable Energy Investment and Production for Self-Consumption by Manufacturers and International Operations Centers – Distribution to Partners.
We last updated the Credit for Renewable Energy Investment and Production in February 2024, so this is the latest version of Form 351-P, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 351-P directly from TaxFormFinder. You can print other Arizona tax forms here.
Other Arizona Corporate Income Tax Forms:
TaxFormFinder has an additional 95 Arizona income tax forms that you may need, plus all federal income tax forms.
Form Code | Form Name |
---|---|
Schedule ACA | Schedule ACA - Air Carrier Apportionment |
Form 120S | Arizona S Corporation Income Tax Return |
Form 165 | Arizona Partnership Income Tax Return |
Form 141AZ | Arizona Fiduciary Income Tax Return |
165 Schedule K-1 | Schedule K-1 Resident Partner's Share of Adjustment to Partnership Income |
View all 96 Arizona Income Tax Forms
Form Sources:
Arizona usually releases forms for the current tax year between January and April. We last updated Arizona Form 351-P from the Department of Revenue in February 2024.
Form 351-P is an Arizona Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Arizona Form 351-P
We have a total of eight past-year versions of Form 351-P in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
Arizona Form 351-P
Arizona Form 351-P
Arizona Form 351-P
Arizona Form 351-P
Arizona Form 351-P
Arizona Form 351-P
Arizona Form 351-P
Arizona Form 351-P
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