Arizona Election for Accounting and Reporting Expenses Credit

Election for Accounting and Reporting Expenses Credit
Arizona Form 51T
Arizona Form

Transaction Privilege Tax Election
to Allocate Credit for Accounting and Reporting Expenses

51T

If this is a change of your credit allocation, check the box. 

2023

Enter the effective date of the change: M M Y Y Y Y

Name of Reporting Entity

Employer Identification Number (EIN)

C/O

Social Security Number (SSN if no EIN)

Mailing Address – number and street or PO Box

Business Telephone Number (with area code)

City, Town or Post Office	

State	

ZIP Code	

Country

REVENUE USE ONLY. DO NOT MARK IN THIS AREA.

88

Entity Type as filed on Arizona income tax return - Check one. See instructions
H = S corporation
I = Sole Proprietor
P = Partnership
E = Estate

T = Trust

If the entity is a C Corporation, indicate Arizona filing method:
S = Separate Corporation
C = Combined
F = Consolidated
If the entity is a Limited Liability Company, indicate method of filing federally:
LC = C Corporation
LH = S corporation LP = Partnership
LI = Sole Proprietorship

81 PM

80 RCVD

A business entity that files a single Arizona income tax return which includes income from more than one transaction privilege tax license
may file this election form with the Arizona Department of Revenue if it is expected that the credit for accounting and reporting expenses
for all transaction privilege tax licenses will meet or exceed the maximum amount for the calendar year. This election form should
indicate how the credit will be allocated among the licensees. The credit is claimed on Arizona Form TPT‑2. See A.R.S. § 42-5017 for
additional information and requirements to claim the accounting credit.
Allocating the credit: List all Arizona transaction privilege tax (TPT) licenses that are part of this group and are subject to the election.
All TPT licensees who file a TPT return are eligible for a credit of up to $10,000. TPT licensees who file all their TPT returns electronically for
the entire calendar year may claim an additional credit of up to $2,000. Use whole dollar amounts to indicate the amount of each election.
If TPT returns for all licenses are filed electronically, check this box. 
(a)

(b)

(c)

(d)
Election Amount

Click on the left arrow to display type of update; click on one to select.

Add/
Change/
Delete

Name of TPT Licensee

TPT
License Number

(Total credit cannot
exceed $10,000.)

(e)
Additional eFile
Election Amount
(Total credit cannot
exceed $2,000.)

(f)
Total Election Amount
Add Columns (d) and (e).
(Total cannot exceed
$12,000.)

1

$.00 $.00 $.00

2

$.00 $.00 $.00

3

$.00 $.00 $.00

4

$.00 $.00 $.00

5

$.00 $.00 $.00

$.00 $.00 $.00
6
7 Total Election Amount. Add lines 1 through 6 of columns (d)
through (f). Enter the totals......................................................... $.00 $.00 $.00

Please
Sign
Here

	
	
ADOR 10150 (23)

TAXPAYER’S SIGNATURE	
	
TAXPAYER’S TITLE	

DATE

PAID PREPARER’S SIGNATURE (other than taxpayer)

PHONE NUMBER (with area code)

PAID PREPARER’S TIN

●	 Mail to Arizona Department of Revenue, PO Box 29010, Phoenix, AZ 85038-9010
●	 For assistance call: (602) 255-3381 or 1-800-352-4090 (statewide only).
Print