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 308?
A: Arizona Form 308 is the Credit for Increased Research Activities form issued by the Arizona Department of Revenue (ADOR).
Q: What is the purpose of Arizona Form 308?
A: The purpose of Arizona Form 308 is to claim the Credit for Increased Research Activities for eligible research expenses incurred in Arizona.
Q: Who can use Arizona Form 308?
A: Arizona taxpayers who have conducted qualified research activities in the state and incurred eligible research expenses can use Arizona Form 308.
Q: What are qualified research activities?
A: Qualified research activities are activities undertaken to discover technological information that is intended to be useful in the development of new or improved business components.
Q: What are eligible research expenses?
A: Eligible research expenses include wages, supplies, contract research expenses, and certain depreciable property used in qualified research activities.
Q: Is there a deadline for filing Arizona Form 308?
A: Yes, Arizona Form 308 must be filed by the due date of the taxpayer's Arizona income tax return, typically April 15th.
Q: Are there any limitations on the credit amount?
A: Yes, the credit for increased research activities is subject to certain limitations based on the taxpayer's qualified research expenses and income.
Form Details:
Download a fillable version of Arizona Form 308 (ADOR10135) by clicking the link below or browse more documents and templates provided by the Arizona Department of Revenue.