Get For The Calendar Year 2016 Or Fiscal Year Beginning M M D D 2 0 1 6 And Ending M M D D Y Y Y Y

Filling out the Arizona Form 312 for the calendar year 2016 or fiscal year beginning in 2016 can seem daunting. However, this guide will provide you with clear, step-by-step instructions to ensure your form is completed accurately and efficiently online.

Follow the steps to fill out the form correctly online.

1. Click ‘Get Form’ button to obtain the form and open it in your preferred browser or document editor.
2. Enter your name as it appears on the appropriate tax form (140, 140PY, 140NR, 140X, 120S, or 165) in the first section.
3. Input your Social Security Number or Employer Identification Number in the designated field.
4. If filing jointly, include your partner's name and Social Security Number as specified.
5. In Part 1, check 'Yes' or 'No' to indicate whether you have a conservation plan on file. If 'Yes', provide the date filed and the location of the Soil Conservation Office.
6. Select the appropriate box for the type of system change made, providing a description if necessary.
7. In Part 2, report the total qualifying expenses for the current tax year, followed by any reimbursements received.
8. Calculate the net amount of qualifying expenses by subtracting the reimbursement from the total expenses.
9. Multiply the net amount by 75% to determine the current taxable year's credit.
10. If applicable, enter any pass-through credits from partnerships and S corporations as instructed.
11. Total your current year's credit and, if necessary, report on your Arizona individual income tax return.
12. Complete Part 3 by listing any available credit carryovers from previous years.
13. In Part 4, enter the current year's credit and available credit carryover to find your total available credit.
14. Once all sections are completed, save changes, and proceed to download, print, or share the form.

Complete your Arizona Form 312 online today to take advantage of available credits.