Utah Code > Title 59 > Chapter 10 > Part 10 – Nonrefundable Tax Credit Act


§ 59-10-1001	Title
§ 59-10-1002	Definitions
§ 59-10-1002.1	Removal of tax credit from tax return and prohibition on claiming a tax credit — Conditions for removal and prohibition on claiming a tax credit — Commission publishing requirements
§ 59-10-1002.2	Apportionment of tax credits
§ 59-10-1002.2 v2	Apportionment of tax credits
§ 59-10-1003	Tax credit for tax paid by individual to another state
§ 59-10-1004	Tax credit for cash contributions to sheltered workshops
§ 59-10-1005	Tax credit for at-home parent
§ 59-10-1006	Historic preservation tax credit
§ 59-10-1006 v2	Historic preservation tax credit
§ 59-10-1007	Recycling market development zones tax credits
§ 59-10-1010	Utah low-income housing tax credit
§ 59-10-1012	Tax credits for research activities conducted in the state — Carry forward — Commission to report modification or repeal of certain federal provisions — Revenue and Taxation Interim Committee study
§ 59-10-1014	Nonrefundable renewable energy systems tax credits — Definitions — Certification — Rulemaking authority
§ 59-10-1015	Definitions — Tax credit for live organ donation expenses — Rulemaking authority
§ 59-10-1017	Utah Educational Savings Plan tax credit
§ 59-10-1018	Definitions — Nonrefundable taxpayer tax credits
§ 59-10-1019	Definitions — Nonrefundable retirement tax credit
§ 59-10-1020	Nonrefundable estate or trust tax credit
§ 59-10-1022	Nonrefundable tax credit for capital gain transactions
§ 59-10-1023	Nonrefundable tax credit for amounts paid under a health benefit plan
§ 59-10-1024	Nonrefundable tax credit for qualifying solar projects
§ 59-10-1025	Nonrefundable tax credit for investment in certain life science establishments
§ 59-10-1027	Nonrefundable tax credit for combat related death
§ 59-10-1028	Nonrefundable tax credit for capital gain transactions on the exchange of one form of legal tender for another form of legal tender
§ 59-10-1029	Nonrefundable alternative energy development tax credit
§ 59-10-1031	Nonrefundable tax credit for employing a recently deployed veteran
§ 59-10-1032	Nonrefundable tax credit for employment of a person who is homeless
§ 59-10-1033.1	Tax credit related to alternative fuel heavy duty vehicles
§ 59-10-1034	Nonrefundable high cost infrastructure development tax credit
§ 59-10-1035	Nonrefundable tax credit for contribution to state Achieving a Better Life Experience Program account
§ 59-10-1036	Nonrefundable tax credit for military survivor benefits
§ 59-10-1037	Nonrefundable enterprise zone tax credit
§ 59-10-1038	Nonrefundable rural job creation tax credit
§ 59-10-1041	Nonrefundable tax credit for donation to Special Needs Opportunity Scholarship Program
§ 59-10-1042	Nonrefundable tax credit for social security benefits
§ 59-10-1043	Nonrefundable tax credit for military retirement
§ 59-10-1044	Nonrefundable earned income tax credit
§ 59-10-1045	Nonrefundable tax credit for taxes paid by pass-through entity
§ 59-10-1046	Nonrefundable adoption expense tax credit
§ 59-10-1047	Nonrefundable child tax credit

Terms Used In Utah Code > Title 59 > Chapter 10 > Part 10 - Nonrefundable Tax Credit Act

Armed forces: means the United States Army, Navy, Air Force, Marine Corps, Space Force, and Coast Guard. See Utah Code 68-3-12.5
Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5
claimant: means a resident or nonresident person that has state taxable income. See Utah Code 59-10-1002
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

Corporation: includes :

(i)	an association;

(ii)	a joint stock company; and

(iii)

an insurance company. See Utah Code 59-10-103

Dependent: A person dependent for support upon another.

Employee: means the same as that term is defined in Section 59-10-401. See Utah Code 59-10-103

Employer: means the same as that term is defined in Section 59-10-401. See Utah Code 59-10-103

Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.

estate: means a nonresident estate or a resident estate that has state taxable income. See Utah Code 59-10-1002

Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.

Grantor: The person who establishes a trust and places property into it.

Highway: includes :Utah Code 68-3-12.5

Individual: means a natural person and includes aliens and minors. See Utah Code 59-10-103

Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}

Legal tender: coins, dollar bills, or other currency issued by a government as official money. ^{Source: U.S. Mint}

Military service: means the same as that term is defined in Pub. See Utah Code 59-10-103

Month: means a calendar month, unless otherwise expressed. See Utah Code 68-3-12.5

nonresident estate: means a trust or estate which is not a resident estate or trust. See Utah Code 59-10-103

Nonresident individual: means an individual who is not a resident of this state. See Utah Code 59-10-103

Oath: includes "affirmation. See Utah Code 68-3-12.5

Oath: A promise to tell the truth.

Partner: includes a member in a syndicate, group, pool, joint venture, or organization described in Subsection (1)(p)(i). See Utah Code 59-10-103

Pass-through entity: means the same as that term is defined in Section 59-10-1402. See Utah Code 59-10-103

Pass-through entity taxpayer: means the same as that term is defined in Section 59-10-1402. See Utah Code 59-10-103

Person: means :Utah Code 68-3-12.5

Process: means a writ or summons issued in the course of a judicial proceeding. See Utah Code 68-3-12.5

Property: includes both real and personal property. See Utah Code 68-3-12.5

Qualified nongrantor charitable lead trust: means a trust:

(i)	that is irrevocable;

(ii)

that has a trust term measured by:

(A)	a fixed term of years; or

(B)	the life of a person living on the day on which the trust is created;

(iii)

under which:

(A)

a portion of the value of the trust assets is distributed during the trust term:

(I)	to an organization described in Section 170(c), Internal Revenue Code; and

(II)	as a guaranteed annuity interest or a unitrust interest; and

(B)

assets remaining in the trust at the termination of the trust term are distributed to a beneficiary:

(I)	designated in the trust; and

(II)	that is not an organization described in Section 170(c), Internal Revenue Code;

(iv)	for which the trust is allowed a deduction under Section 642(c), Internal Revenue Code; and

(v)

under which the grantor of the trust is not treated as the owner of any portion of the trust for federal income tax purposes. See Utah Code 59-10-103

Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).

Resident individual: means an individual who is domiciled in this state for any period of time during the taxable year, but only for the duration of the period during which the individual is domiciled in this state. See Utah Code 59-10-103

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

Taxpayer: means any of the following that has income subject in whole or part to the tax imposed by this chapter:

(i)	an individual;

(ii)	an estate, a trust, or a beneficiary of an estate or a trust that is not a pass-through entity or a pass-through entity taxpayer;

(iii)

a pass-through entity; or

(iv)

a pass-through entity taxpayer. See Utah Code 59-10-103

Town: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5

trust: means a nonresident trust or a resident trust that has state taxable income. See Utah Code 59-10-1002

United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5

Veteran: means an individual who:Utah Code 68-3-12.5

Wages: means the same as that term is defined in Section 59-10-401. See Utah Code 59-10-103