Arizona Credit for Renewable Energy Investment and Production

Credit for Renewable Energy Investment and Production
Arizona Form 351-P
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)

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