INSTRUCTIONS: ARIZONA AGRICULTURAL POLLUTION CONTROL EQUIPMENT CREDIT (Form 325)
In Arizona, credit for agricultural pollution control equipment is documented using a form 325. This document can be obtained from the website of the Arizona Department of Revenue.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 1: If not filing for the calendar year pre-printed on the form, enter the beginning and ending dates of your fiscal year.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 2: Enter your name as it appears on form 140, 140PY, 140NR, 140X, 120, 120A, 120S, 120X or 165.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 3: Enter your Social Security number or employer identification number.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 4: Part I requires you to complete a schedule documenting your equipment and calculating your current taxable year's credit. Complete lines 1 through 16 as instructed.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 5: Part II should only be completed by S corporations. On line 17, indicate with a check mark whether you will be claiming the current taxable year's credit or passing it through to shareholders.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 6: If passing the credit through to shareholders, lines 18 through 20 must be completed separately for each one. Enter the shareholder's name on line 18.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 7: On line 19, enter the shareholder's tax identification number.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 8: On line 20, enter the shareholder's share of the current taxable year's credit.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 9: Enter your name and tax identification number at the top of the second page.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 10: Partner III concerns each partner's share of the credit. Lines 21 through 23 must be completed separately for each partner.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 11: On line 21, enter each partner's name.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 12: On line 22, enter each partner's tax identification number.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 13: On line 23, enter each partner's share of the current taxable year's credit.
Arizona Agricultural Pollution Control Equipment Credit 325 Step 14: Calculate your available credit carryover in Part IV and your total available credit in Part V as instructed.
