This version of the form is not currently in use and is provided for reference only. Download this version of Arizona Form 346-P (ADOR11283) for the current year.
This is a legal form that was released by the Arizona Department of Revenue - a government authority operating within Arizona. Check the official instructions before completing and submitting the form.
Q: What is Arizona Form 346-P?
A: Arizona Form 346-P is a tax form specifically for claiming the Additional Credit for Increased Research Activities for Basic Research Payments - Distribution to Partners of a Partnership in Arizona.
Q: What is the purpose of Arizona Form 346-P?
A: The purpose of Arizona Form 346-P is to claim a tax credit for increased research activities related to basic research payments that are distributed to partners of a partnership in Arizona.
Q: Who should use Arizona Form 346-P?
A: Arizona Form 346-P should be used by partners of a partnership in Arizona who received distributions related to basic research payments and want to claim the tax credit for increased research activities.
Q: What is the Additional Credit for Increased Research Activities?
A: The Additional Credit for Increased Research Activities is a tax credit provided by Arizona to incentivize businesses to engage in research and development activities within the state.
Q: What are Basic Research Payments?
A: Basic Research Payments are payments made by a partnership to one or more partners for the purpose of funding basic research conducted in Arizona.
Q: Are there any eligibility requirements for claiming the tax credit?
A: Yes, there are eligibility requirements, such as the research activities must meet certain criteria and the partnership must have received a tax credit certification from the Arizona Commerce Authority.
Q: Is there a deadline for submitting Arizona Form 346-P?
A: Yes, Arizona Form 346-P must be submitted on or before the due date of the partnership return for the taxable year in which the research activities took place.
Q: Can the tax credit be carried forward or carried back?
A: No, the tax credit cannot be carried forward or carried back. It can only be used to offset the tax liability for the taxable year it was claimed.
Form Details:
Download a fillable version of Arizona Form 346-P (ADOR11283) by clicking the link below or browse more documents and templates provided by the Arizona Department of Revenue.