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 355?
A: Arizona Form 355 is a tax form used to claim the credit for entity-level income tax paid on your behalf in Arizona.
Q: Who should file Arizona Form 355?
A: You should file Arizona Form 355 if you are a pass-through entity (such as a partnership or S corporation) that has paid Arizona income tax on behalf of its owners or shareholders.
Q: What is the purpose of filing Arizona Form 355?
A: The purpose of filing Arizona Form 355 is to claim a credit for the entity-level income tax paid on behalf of the owners or shareholders.
Q: Can individuals claim the credit on their personal tax returns?
A: No, individuals cannot claim the credit on their personal tax returns. The credit can only be claimed by the pass-through entity on Arizona Form 355.
Q: What supporting documentation is required when filing Arizona Form 355?
A: When filing Arizona Form 355, you will need to attach a copy of your federal return, Schedule K-1s for each partner or shareholder, and any other supporting documentation as required by the form instructions.
Q: When is the deadline to file Arizona Form 355?
A: The deadline to file Arizona Form 355 is the same as the deadline for the pass-through entity's federal tax return, which is typically March 15th.
Q: Are there any penalties for not filing Arizona Form 355?
A: Yes, there are penalties for not filing Arizona Form 355. The penalty is $25 per month or part of a month for each owner or shareholder, up to a maximum of $500.
Q: Can I e-file Arizona Form 355?
A: No, as of now, Arizona Form 355 can only be filed by mail. E-filing is not available.
Form Details:
Download a fillable version of Arizona Form 355 (ADOR11417) by clicking the link below or browse more documents and templates provided by the Arizona Department of Revenue.