Utah Code 59-10-552. Carry forward of expired or repealed tax credit
Current as of: 2023 | Check for updates
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Terms Used In Utah Code 59-10-552
- Individual: means a natural person and includes aliens and minors. See Utah Code 59-10-103
59-10-552. Carry forward of expired or repealed tax credit.
When a nonrefundable individual income tax credit, under 10, expires or is repealed, the commission shall allow a claimant, estate, or trust to carry forward any amount of the tax credit that remains for the period of time described in the tax credit for the taxable year in which the claimant, estate, or trust first claimed the tax credit.
When a nonrefundable individual income tax credit, under 10, expires or is repealed, the commission shall allow a claimant, estate, or trust to carry forward any amount of the tax credit that remains for the period of time described in the tax credit for the taxable year in which the claimant, estate, or trust first claimed the tax credit.
Amended by Chapter 471, 2023 General Session