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Arizona Credit for Motion Picture Production Costs
Form 334 is obsolete, and is no longer supported by the Arizona Department of Revenue.
Extracted from PDF file 2017-arizona-form-334.pdf, last modified October 2009Credit for Motion Picture Production Costs
Arizona Form 2015 Motion Picture Credits 334 Include this completed form and your Commerce post-approval document with your return. For the calendar year 2015 or fiscal year beginning M M D D 2 0 1 5 and ending M M D D 2 0 Y Y . Name as shown on Form 140, 140PY, 140NR, 140X, 99T, 120, 120A, 120S, 120X or 165 Social Security or Employer Identification Number Individual Who Will Maintain Records of Expenditures in Arizona Part 1 Name Current Address – number and street Phone Number (with area code) City, Town or Post Office State ZIP Code Listing of Post-Approved Productions Part 2 Motion Picture Production Companies, complete this section. List completed productions for which you have received Commerce post-approval. If you have more than two completed productions, include additional schedules. See instructions. (a) Commerce Post-Approval Information Part 3 (b) Approved Credit Amount (a)1 Allocation Year (a)2 Post-Approval Date 1 YYYY MM D D Y Y Y Y 00 2 YYYY MM D D Y Y Y Y 00 (a)3 Post-Approval Number 3 Aggregate total from all additional schedules ......................................... 3 00 4 TOTAL: Add lines 1 through 3 ............................................................... 4 00 S Corporation Credit Election and Shareholder’s Share of Credit 5 The S corporation has made an irrevocable election for the allocation year Y Y Y Y to (check only one box): Claim the credit for motion picture production costs as shown on Part 2, line 4 (for the allocation year mentioned above); OR Pass the credit for motion picture production costs as shown on Part 2, line 4 (for the allocation year mentioned above) through to its shareholders. Signature Title Date If passing the credit through to the shareholders, complete lines 6 through 9 separately for each shareholder. Furnish each shareholder with a copy of pages 1 and 2 of Form 334. Provide each shareholder with a copy of the post-approval document from Commerce. 6 Name of shareholder: 7 Shareholder’s TIN: 8 Shareholder’s share of the available credit for motion picture production costs from Part 2, line 4... 8 00 9 Shareholder’s share of the amount of motion picture production expenses to be included as Arizona income: • Individual shareholders of an S corporation: If you are claiming this credit, you must include the amount from Part 3, line 9 on your Arizona income tax return under “Other Additions” .................. 9 00 Continued on page 2 ADOR 10709 (15) Name (as shown on page 1) Part 4 TIN Partner’s Share of Credit Complete lines 10 through 12 separately for each partner. Furnish each partner with a copy of pages 1 and 2 of Form 334. Provide each partner with a copy of the post-approval document from Commerce. 10 Name of partner: 11 Partner’s TIN: 12 Partner’s share of the available credit for motion picture production costs for the allocation year Y Y Y Y from Part 2, line 4 .......................................................................................................... 12 Part 5 00 Available Credit Carryover Include Form(s) 334-1 to detail lines 15 and/or 18. 2010 13 Allocation year: See instructions ...................................................................................................... 13 14 Original credit amount ....................................................................................................................... 14 00 15 Credit transfers received: Include schedule ..................................................................................... 15 00 16 Available credit: Add lines 14 and 15................................................................................................ 16 00 17 Amount previously used .................................................................................................................... 17 Off 00 18 Credit transferred to other taxpayer(s): Include schedule ................................................................ 18 Off 00 19 Amount unallowable: See instructions.............................................................................................. 19 00 20 Available carryover: Subtract the sum of lines 17 through 19 from line 16 ...................................... 20 00 21 TOTAL AVAILABLE CARRYOVER: Enter the amount from line 20. • Corporations, exempt organizations with UBTI, and S corporation: Also enter this amount on Form 300, Part 1, line 13, column (b). • Individuals: Also enter this amount on Form 301, Part 1, line 19, column (b) ............................... 21 00 ADOR 10709 (15) AZ Form 334 (2015) Print 334 Page 2 of 2 Name (as shown on Form 334): Form 334-1 TIN: Schedule of Credit Transfers Page List the credit for motion picture production costs that you either received from other entities or transferred to other entities. Part 1 Credits Received From Other Entities: List the credits other entities have transferred to you. 1 Name of Transferor TIN Name of Motion Picture Production Company TIN 2 Name of Transferor (a) Commerce Post-Approval Number (b) Transfer Date MM D D 2 0 Y Y $ MM D D 2 0 Y Y $ MM D D 2 0 Y Y $ MM D D 2 0 Y Y $ $ TIN 3 Name of Transferor TIN Name of Motion Picture Production Company TIN 4 Name of Transferor TIN Name of Motion Picture Production Company TIN 5 TOTAL: Add lines 1 through 4 in column (c) ........................................................................................................................................................................... Credits Transferred to Other Entities: List the credits you transferred to other entities. 6 Name of Motion Picture Production Company TIN Name of Transferee Commerce Post-Approval Number: TIN Transfer Date: 7 Name of Motion Picture Production Company Commerce Post-Approval Number: Transfer Date: (c) Amount of Credit Transferred (d) Credit Balance $ $ $ MM D D 2 0 Y Y $ $ $ $ $ $ $ $ $ $ $ $ TIN Name of Transferee TIN Transfer Date: 9 Name of Motion Picture Production Company MM D D 2 0 Y Y TIN Name of Transferee Commerce Post-Approval Number: MM D D 2 0 Y Y (b) Amount of Credit Available for Transfer TIN 8 Name of Motion Picture Production Company Commerce Post-Approval Number: (a) Latest Taxable Year in Which You Applied Credit TIN Name of Transferee TIN Transfer Date: MM D D 2 0 Y Y 10 TOTAL: Add lines 6 through 9 in columns (b) through (d) ................................................................................... ADOR 10710 (15) (c) Credit Received from Transferor TIN Name of Motion Picture Production Company Part 2 of 2015 Applies to allocation year: 2010 Print 334-1 Clear 334-1
Arizona Form 334
More about the Arizona Form 334 Corporate Income Tax Tax Credit
We last updated the Credit for Motion Picture Production Costs in May 2021, and the latest form we have available is for tax year 2017. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Arizona Department of Revenue. You can print other Arizona tax forms here.
Related Arizona Corporate Income Tax Forms:
TaxFormFinder has an additional 95 Arizona income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Arizona Form 334.
| Form Code | Form Name |
|---|---|
| Form 334-O | TRANSFEROR Notice of Transfer of Credit for Motion Picture Production Cost |
| Form 334-E | TRANSFEREE Notice of Transfer of Credit for Motion Picture Production Costs |
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 334 from the Department of Revenue in May 2021.
Form 334 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 334
We have a total of five past-year versions of Form 334 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2014 Form 334
Arizona Form 334
2012 Form 334
Arizona Form 334
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