Utah Code 59-10-1002. Definitions

59-10-1002. Definitions.
As used in this part:

(1)

claimant: means a resident or nonresident person that has state taxable income. See Utah Code 59-10-1002
estate: means a nonresident estate or a resident estate that has state taxable income. See Utah Code 59-10-1002
nonresident estate: means a trust or estate which is not a resident estate or trust. See Utah Code 59-10-103
Person: means :Utah Code 68-3-12.5
resident trust: means the same as that term is defined in Section 75-7-103. See Utah Code 59-10-103
State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
Statute: A law passed by a legislature.
tax credit: means a tax credit that a claimant, estate, or trust may:

(a)

claim:

(i)	as provided by statute; and

(ii)	in an amount that does not exceed the claimant's, estate's, or trust's tax liability under this chapter for a taxable year; and

(b)

carry forward or carry back:

(i)	if allowed by statute; and

(ii)	unless otherwise provided in statute, to the extent that the amount of the tax credit exceeds the claimant's, estate's, or trust's tax liability under this chapter for a taxable year. See Utah Code 59-10-1002 trust: means a nonresident trust or a resident trust that has state taxable income. See Utah Code 59-10-1002
(a)	Except as provided in Subsection (1)(b) or Subsection 59-10-1003(2), “claimant” means a resident or nonresident person that has state taxable income.

(b)	“Claimant” does not include an estate or trust.

(2)	Except as provided in Subsection 59-10-1003(2), “estate” means a nonresident estate or a resident estate that has state taxable income.

(3)

“Nonrefundable tax credit” or “tax credit” means a tax credit that a claimant, estate, or trust may:

(a)

claim:

(i)	as provided by statute; and

(ii)	in an amount that does not exceed the claimant’s, estate’s, or trust’s tax liability under this chapter for a taxable year; and

(b)

carry forward or carry back:

(i)	if allowed by statute; and

(ii)	unless otherwise provided in statute, to the extent that the amount of the tax credit exceeds the claimant’s, estate’s, or trust’s tax liability under this chapter for a taxable year.

(4)	Except as provided in Subsection 59-10-1003(2), “trust” means a nonresident trust or a resident trust that has state taxable income.

Amended by Chapter 82, 2020 General Session