This version of the form is not currently in use and is provided for reference only. Download this version of Arizona Form 346-S (ADOR11284) 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-S?
A: Arizona Form 346-S is a tax form used to claim Additional Credit for Increased Research Activities for Basic Research Payments.
Q: Who can use Arizona Form 346-S?
A: Arizona Form 346-S is specifically used by shareholders of an S Corporation in Arizona.
Q: What is the purpose of Arizona Form 346-S?
A: The purpose of Arizona Form 346-S is to claim a credit for increased research activities related to basic research payments.
Q: What is the credit for increased research activities?
A: The credit for increased research activities is a tax credit that provides an incentive for businesses to conduct research and development activities in Arizona.
Q: What are basic research payments?
A: Basic research payments refer to amounts paid or incurred by a shareholder of an S Corporation that are eligible for the credit for increased research activities.
Q: What is an S Corporation?
A: An S Corporation is a type of business entity that passes income, losses, deductions, and credits through to its shareholders for federal tax purposes.
Q: When is the deadline to file Arizona Form 346-S?
A: The deadline to file Arizona Form 346-S is typically April 15th of the following year.
Q: Are there any other requirements or attachments needed with Arizona Form 346-S?
A: Yes, additional forms and documentation may be required to claim the credit for increased research activities. Please refer to the instructions provided with the form for more details.
Q: Can the credit for increased research activities be carried forward or backward?
A: Yes, any unused credit can be carried forward for up to five years or carried back for one year, subject to certain limitations.
Form Details:
Download a fillable version of Arizona Form 346-S (ADOR11284) by clicking the link below or browse more documents and templates provided by the Arizona Department of Revenue.