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Arizona Credit for Renewable Energy Investment and Production for Self-Consumption by Manufacturers
Form 351 is obsolete, and is no longer supported by the Arizona Department of Revenue.
Extracted from PDF file 2019-arizona-form-351.pdf, last modified August 2014Credit for Renewable Energy Investment and Production for Self-Consumption by Manufacturers
Arizona Form 351 Credit for Renewable Energy Investment and Production for Self-Consumption by International Operations Centers 2019 Include this completed form and the certification from the Arizona Department of Revenue with your return. For the calendar year 2019 or fiscal year beginning M M D D 2 0 1 9 and ending M M D D Y Y Y Y . Name as shown on Form 99T, 120, 120A, 120S, 120X, or 165 Part 1 Social Security or Employer Identification Number Qualification for and Current Taxable Year’s Credit 1 Did you receive a certificate from the Arizona Department of Revenue for this credit?........................................................................................ Yes No a If “Yes”, proceed to line 2. Include a copy of the certificate. b If “No”, skip to line 4. 2 Enter the facility code........................................... 3 Enter the credit amount authorized on the certificate............................................................. 4 Did you receive a Form 351-P?............................................................. Yes No a If “Yes”, include a copy of Form 351-P and proceed to line 5. b If “No”, skip to Part 2. 5 Enter the facility code on Form 351-P.................. 6 Enter the name of the pass-through entity and its EIN: a Name: b EIN: 3 00 7 Enter your portion of the credit from Form 351-P, line 3(c)..................................................... 7 00 8 Add lines 3 and 7 and enter the total...................................................................................... 8 00 9 Enter the lesser of line 8 or $5,000,000.00. This is the current year’s amount of your credit....................................... Part 2 00 9 Credit Recapture NOTE: If you are a partnership that passed the credit through to its corporate partners, do not complete Part 2. You will report the recapture to the corporate partners on Form 351-P. 10 Did you receive a notice from the Arizona Department of Revenue Yes No during the year that your credit is subject to recapture......................... a If “Yes”, proceed to line 11. Include a copy of the notice. b If “No”, skip to line 17. 11 Enter the facility code........................................... 12 Enter the tax year(s) you claimed the credit: 13 Enter the total credit amount subject to recapture as shown on the notice from the Arizona Department of Revenue........................................................................................... 14 Enter the amount of credit carryover that remains unused.................................................... 15 Subtract line 14 from line 13 and enter the difference. If line 15 is less than zero, see instructions............................................................................................................................ 13 00 14 00 15 00 16 Enter the greater of line 15 or “0”. This is the amount of your direct recapture............................................................. 16 00 Continued on page 2 ADOR 11222 (19) Name (as shown on page 1) Part 2 EIN Credit Recapture (continued) 17 Did you receive a notice of recapture on Form 351-P?......................... a If “Yes”, proceed to line 18. Include a copy of Form 351-P. b If “No”, skip to Part 3. 18 a Enter the facility code from Form 351-P, line 1(c): Yes No b Name of partnership: c EIN: 19 Enter the tax year(s) you claimed the credit:. 20 Enter the total amount of the credit subject to recapture passed through to you from partnerships a on Form 351-P, Part 2, line 7,....................................................................... 21 Enter the total amount of unused credit carryover(s)............................................................ 22 Subtract line 21 from line 20 and enter the difference. If line 22 is less than zero, see instructions............................................................................................................................ 23 Enter the greater of line 22 or “0”. This is the amount of recapture passed through to you from a partnership....................................................................................................... 20 21 00 00 22 00 23 00 24 Add lines 16 and 23 and enter the total on line 24. This is your total recapture amount. Also, enter this amount on Form 300, Part 2, line 25.................................................................................................................................................... Part 3 Available Credit Carryover Taxable Year Ending: 25 26 27 28 29 30 (a) (b) (c) (d) (e) MM D D Y Y MM D D Y Y MM D D Y Y MM D D Y Y MM D D Y Y Original credit amount........................ Minus amount previously used........... Net available carryover..................... Minus carryover disqualified.................. Total available carryover for each year 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 30 00 Total Available Carryover: Add columns (a) through (e) of line 29. Enter the total......................................................... Part 4 00 24 Total Available Credit 31 Total current year’s credit: Enter the amount from Part 1, line 9. Also, enter this amount on Form 300, Part 1, line 18, column (a)............................................................................................................................................................ 31 00 32 Available credit carryover: Enter the amount from Part 3, line 30. Also, enter this amount on Form 300, Part 1, line 18, column (b)........................................................................................................................................................... 32 00 33 Total available credit: Add line 31 and line 32 and enter the total on line 33. Also, enter this amount on Form 300, Part 1, line 18, column (c).............................................................................................................................. 33 00 Part 5 Corporate Partner’s Share of the Credit If passing this credit through to your corporate partners, complete Form 351-P for each corporate partner. • Provide a copy of completed Form 351-P to each corporate partner. • Include a copy of each completed Form 351-P with your tax return. • Keep a copy of each completed Form 351-P for your records. Print ADOR 11222 (19) AZ Form 351 (2019) Page 2 of 2
Arizona Form 351
More about the Arizona Form 351 Corporate Income Tax Tax Credit
We last updated the Credit for Renewable Energy Investment and Production for Self-Consumption by Manufacturers in May 2021, and the latest form we have available is for tax year 2019. 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 351.
| Form Code | Form Name |
|---|---|
| Form 351-S | Credit for Renewable Energy Investment and Production |
| Form 351-P | Credit for Renewable Energy Investment and Production |
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 from the Department of Revenue in May 2021.
Form 351 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
We have a total of five past-year versions of Form 351 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2015 Form 351
Arizona Form 351
2014 Form 351
Arizona Form 351
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