reglab/housing_qa huggingface dataset:
UT Code § 59-10-1028 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 10 - Nonrefundable Tax Credit Act|Section 1028 - Nonrefundable tax credit for capital gain transactions on the exchange of one form of legal tender for another form of legal tender.

 Effective 5/5/2021  59-10-1028. Nonrefundable tax credit for capital gain transactions on the exchange of one form of legal tender for another form of legal tender.    (1) As used in this section:   (a) "Capital gain transaction" means a transaction that results in a:   (i) short-term capital gain; or     (ii) long-term capital gain.       (b) "Long-term capital gain" is as defined in Section 1222, Internal Revenue Code.     (c) "Long-term capital loss" is as defined in Section 1222, Internal Revenue Code.     (d) "Net capital gain" means the amount by which the sum of long-term capital gains and short-term capital gains on a claimant's, estate's, or trust's transactions from exchanges made for a taxable year of one form of legal tender for another form of legal tender exceeds the sum of long-term capital losses and short-term capital losses on those transactions for that taxable year.     (e) "Short-term capital loss" is as defined in Section 1222, Internal Revenue Code.     (f) "Short-term capital gain" is as defined in Section 1222, Internal Revenue Code.       (2) Except as provided in Section 59-10-1002.2, for taxable years beginning on or after January 1, 2012, a claimant, estate, or trust may claim a nonrefundable tax credit equal to the product of:   (a) to the extent a net capital gain is included in taxable income, the amount of the claimant's, estate's, or trust's net capital gain on capital gain transactions from exchanges made on or after January 1, 2012, for a taxable year, of one form of legal tender for another form of legal tender; and     (b) the percentage listed in Subsection 59-10-104(2).       (3) A claimant, estate, or trust may not carry forward or carry back a tax credit under this section.     (4) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commission may make rules to implement this section.    Amended by Chapter 367, 2021 General Session
UT Code § 59-10-1032 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 10 - Nonrefundable Tax Credit Act|Section 1032 - Nonrefundable tax credit for employment of a person who is homeless.

 Effective 1/1/2015  59-10-1032. Nonrefundable tax credit for employment of a person who is homeless.    (1) As used in this section:   (a) "Eligible employer" means a person who receives a tax credit certificate from the Department of Workforce Services in accordance with Title 35A, Chapter 5, Part 3, Tax Credit for Employment of Persons Who Are Homeless Act.     (b) "Person who is homeless" is as defined in Section 35A-5-302.       (2) Subject to the other provisions of this section, an eligible employer that is a claimant, estate, or trust may claim a nonrefundable tax credit as provided in this section against a tax under this chapter.     (3) The tax credit under this section is the amount of tax credit listed on a tax credit certificate that the Department of Workforce Services issues to an employer for a taxable year under Title 35A, Chapter 5, Part 3, Tax Credit for Employment of Persons Who Are Homeless Act.     (4) An eligible employer may carry forward a tax credit under this section for a period that does not exceed the next five taxable years if:   (a) the eligible employer is allowed to claim a tax credit under this section; and     (b) the amount of the tax credit exceeds the eligible employer's tax liability under this chapter for that taxable year.       (5) An eligible employer shall retain a tax credit certificate the eligible employer receives from the Department of Workforce Services for the same time period a person is required to keep books and records under Section 59-1-1406.    Enacted by Chapter 315, 2014 General Session
UT Code § 59-10-1035 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 10 - Nonrefundable Tax Credit Act|Section 1035 - Nonrefundable tax credit for contribution to state Achieving a Better Life Experience Program account.

 Effective 5/5/2021  59-10-1035. Nonrefundable tax credit for contribution to state Achieving a Better Life Experience Program account.    (1) As used in this section:   (a) "Account" means an account in a qualified ABLE program where the designated beneficiary of the account is a resident of this state.     (b) "Contributor" means a claimant, estate, or trust that:   (i) makes a contribution to an account; and     (ii) receives a statement from the qualified ABLE program itemizing the contribution.       (c) "Designated beneficiary" means the same as that term is defined in 26 U.S.C. Sec. 529A.     (d) "Qualified ABLE program" means the same as that term is defined in Section 35A-12-102.       (2) A contributor to an account may claim a nonrefundable tax credit as provided in this section.     (3) Subject to the other provisions of this section, the tax credit is equal to the product of:   (a) the percentage listed in Subsection 59-10-104(2); and     (b) the total amount of contributions:   (i) the contributor makes for the taxable year; and     (ii) for which the contributor receives a statement from the qualified ABLE program itemizing the contributions.         (4) A contributor may not claim a tax credit under this section:   (a) for an amount of excess contribution to an account that is returned to the contributor; or     (b) with respect to an amount the contributor deducts on a federal income tax return.       (5) A tax credit under this section may not be carried forward or carried back.    Amended by Chapter 367, 2021 General Session
UT Code § 59-10-1036 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 10 - Nonrefundable Tax Credit Act|Section 1036 - Nonrefundable tax credit for military survivor benefits.

 Effective 5/5/2021  59-10-1036. Nonrefundable tax credit for military survivor benefits.    (1) As used in this section:   (a) "Dependent child" means the same as that term is defined in 10 U.S.C. Sec. 1447.     (b) "Reserve components" means the same as that term is described in 10 U.S.C. Sec. 10101.     (c) "Surviving spouse" means the same as that term is defined in 10 U.S.C. Sec. 1447.     (d) "Survivor benefits" means the amount paid by the federal government in accordance with 10 U.S.C. Secs. 1447 through 1455.       (2) A surviving spouse or dependent child may claim a nonrefundable tax credit for survivor benefits if the benefits are paid due to:   (a) the death of a member of the armed forces or reserve components while on active duty; or     (b) the death of a member of the reserve components that results from a service-connected cause while performing inactive duty training.       (3) The tax credit described in Subsection (2) is equal to the product of:   (a) the amount of survivor benefits that the surviving spouse or dependent child received during the taxable year; and     (b) the percentage listed in Subsection 59-10-104(2).       (4) The tax credit described in Subsection (2):   (a) may not be carried forward or carried back; and     (b) applies to a taxable year beginning on or after January 1, 2017.      Amended by Chapter 367, 2021 General Session
UT Code § 59-10-1038 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 10 - Nonrefundable Tax Credit Act|Section 1038 - Nonrefundable rural job creation tax credit.

 Effective 7/1/2021  59-10-1038. Nonrefundable rural job creation tax credit.    (1) As used in this section, "office" means the Governor's Office of Economic Opportunity created in Section 63N-1a-301.     (2) Subject to the other provisions of this section, a taxpayer may claim a nonrefundable tax credit for rural job creation as provided in this section.     (3) The tax credit under this section is the amount listed as the tax credit amount on a tax credit certificate that the office issues under Title 63N, Chapter 4, Part 3, Utah Rural Jobs Act, to the taxpayer for the taxable year.     (4) A taxpayer may carry forward a tax credit under this section for the next seven taxable years if the amount of the tax credit exceeds the taxpayer's tax liability under this chapter for the taxable year in which the taxpayer claims the tax credit.    Amended by Chapter 282, 2021 General Session
UT Code § 59-10-1040 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 10 - Nonrefundable Tax Credit Act|Section 1040 - Nonrefundable tax credit for small employer's participation in retirement.

 Effective 5/9/2017  59-10-1040. Nonrefundable tax credit for small employer's participation in retirement.    (1) As used in this section:   (a) "Participating employer" means a small employer that offers a qualified plan to the employer's employees for voluntary enrollment.     (b) "Qualified plan" means a retirement plan that meets the requirements of the Employee Retirement Income Security Act of 1974, 29 U.S.C. Sec. 1001 et seq.     (c) "Small employer" means an employer in the state that has at least 10, but fewer than 20 employees who work in the state.       (2) For a taxable year that begins on or after January 1, 2018, and before January 1, 2019, a participating employer may claim a $500 nonrefundable tax credit for the taxable year in which the participating employer first offers a qualified plan.     (3) A participating employer may not carry forward or carry back a tax credit described in this section.    Enacted by Chapter 479, 2017 General Session  Technically renumbered to avoid duplication of section number also enacted in SB267, Chapter 274.
UT Code § 59-10-1041 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 10 - Nonrefundable Tax Credit Act|Section 1041 - Nonrefundable tax credit for donation to Special Needs Opportunity Scholarship Program.

 Effective 1/1/2021  59-10-1041. Nonrefundable tax credit for donation to Special Needs Opportunity Scholarship Program.    (1) Except as provided in Subsection (3), a claimant, estate, or trust that makes a donation to the Special Needs Opportunity Scholarship Program established in Section 53E-7-402, may claim a nonrefundable tax credit equal to 100% of the amount stated on a tax credit certificate issued in accordance with Section 53E-7-407.     (2)   (a) If the amount of a tax credit listed on the tax credit certificate exceeds a claimant's, estate's, or trust's tax liability under this chapter for a taxable year, the claimant, estate, or trust may carry forward the amount of the tax credit exceeding the liability for a period that does not exceed the next three taxable years.     (b) A claimant, estate, or trust may not carry back the amount of the tax credit that exceeds the claimant's, estate's, or trust's tax liability for the taxable year.       (3) A claimant, estate, or trust may not claim a credit described in Subsection (1) to the extent the claimant, estate, or trust claims a donation described in Subsection (1) as an itemized deduction on the claimant's, estate's, or trust's federal individual income tax return for that taxable year.    Enacted by Chapter 3, 2020 Special Session 4
UT Code § 59-10-1043 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 10 - Nonrefundable Tax Credit Act|Section 1043 - Nonrefundable tax credit for military retirement.

 Effective 5/5/2021  59-10-1043. Nonrefundable tax credit for military retirement.    (1) As used in this section:   (a)   (i) "Military retirement pay" means retirement pay, including survivor benefits, that relates to service in the armed forces, including service in the Reserves or the National Guard.     (ii) "Military retirement pay" does not include:   (A) Social Security income;     (B) 401(k) or IRA distributions; or     (C) income from other sources.         (b) "Survivor benefits" means the retired pay portion of the benefits described in 10 U.S.C. Secs. 1447 through 1455.       (2) Except as provided in Section 59-10-1002.2, a claimant who receives military retirement pay may claim a nonrefundable tax credit against taxes equal to the product of:   (a) the percentage listed in Subsection 59-10-104(2); and     (b) the amount of military retirement pay that is included in adjusted gross income on the claimant's federal income tax return for the taxable year.       (3)   (a) A claimant may not:   (i) carry forward or carry back the amount of a tax credit that exceeds the claimant's tax liability for the taxable year; or     (ii) claim a tax credit under this section and a tax credit under Section 59-10-1019 for the same taxable year.       (b) A claimant that qualifies for a tax credit under this section and a tax credit under Section 59-10-1019 may elect whether to claim a tax credit under this section or a tax credit under Section 59-10-1019.      Enacted by Chapter 68, 2021 General Session  Technically renumbered to avoid duplication of section number also enacted in HB86, Chapter 428.
UT Code § 59-10-1101 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 11 - Refundable Tax Credit Act|Section 1101 - Title.

59-10-1101. Title.  This part is known as the "Refundable Tax Credit Act."  Enacted by Chapter 223, 2006 General Session
UT Code § 59-10-1102 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 11 - Refundable Tax Credit Act|Section 1102 - Definitions.

59-10-1102. Definitions.  As used in this part:  (1)   (a) Except as provided in Subsection (1)(b) or Subsection 59-10-1103(1)(a), "claimant" means a resident or nonresident person.     (b) "Claimant" does not include an estate or trust.       (2) Except as provided in Subsection 59-10-1103(1)(a), "estate" means a nonresident estate or a resident estate.     (3) "Refundable tax credit" or "tax credit" means a tax credit that a claimant, estate, or trust may claim:   (a) as provided by statute; and     (b) regardless of whether the claimant, estate, or trust has a tax liability under this chapter for a taxable year.       (4) Except as provided in Subsection 59-10-1103(1)(a), "trust" means a nonresident trust or a resident trust.    Enacted by Chapter 223, 2006 General Session
UT Code § 59-10-1103 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 11 - Refundable Tax Credit Act|Section 1103 - Tax credit for pass-through entity taxpayer.

59-10-1103. Tax credit for pass-through entity taxpayer.    (1) As used in this section:   (a) "Pass-through entity" is as defined in Section 59-10-1402.     (b) "Pass-through entity taxpayer" is as defined in Section 59-10-1402.       (2) A pass-through entity taxpayer may claim a refundable tax credit against the tax otherwise due under this chapter if that pass-through entity taxpayer is a:   (a) claimant;     (b) estate; or     (c) trust.       (3) The tax credit described in Subsection (2) is equal to the amount paid or withheld by the pass-through entity on behalf of the pass-through entity taxpayer described in Subsection (2) in accordance with Section 59-10-1403.2.     (4) A pass-through entity taxpayer may not claim a tax credit under this section for an amount for which the pass-through entity taxpayer claims a tax credit under Section 59-7-614.4.    Amended by Chapter 312, 2009 General Session
UT Code § 59-10-1104 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 11 - Refundable Tax Credit Act|Section 1104 - Tax credit for adoption of a child who has a special need.

59-10-1104. Tax credit for adoption of a child who has a special need.    (1) As used in this section, a "child who has a special need" means a child who meets at least one of the following conditions:   (a) the child is five years of age or older;     (b) the child:   (i) is under the age of 18; and     (ii) has a physical, emotional, or mental disability; or       (c) the child is a member of a sibling group placed together for adoption.       (2)   (a) Subject to the other provisions of this section, a claimant who adopts a child who has a special need may claim a refundable tax credit of $1,000:   (i) for a child who has a special need who the claimant adopts;     (ii) on the claimant's individual income tax return for the taxable year; and     (iii) against taxes otherwise due under this chapter.       (b) A tax credit under this section may not exceed $1,000 per return for a taxable year.       (3) For a claimant to qualify for the tax credit described in Subsection (2) for an adoption:   (a) the order that grants the adoption shall be issued:   (i) on or after January 1, 2013; and     (ii) by:   (A) a court of competent jurisdiction of this state or another state; or     (B) a foreign country;         (b) the claimant shall be a resident of this state on the date the order described in Subsection (3)(a) is issued; and     (c) for an adoption made by a foreign country, the adoption shall be registered in accordance with Section 78B-6-142.       (4)   (a) For an adoption for which a court of competent jurisdiction of this state or another state issues the order described in Subsection (3)(a), a claimant may claim a tax credit for the taxable year for which the adoption order becomes final.     (b) For an adoption for which a foreign country issues the order described in Subsection (3)(a), a claimant may claim a tax credit for the taxable year for which a court of competent jurisdiction in this state orders the state registrar to file the adoption order issued by the foreign country.       (5) The credit provided for in this section may not be carried forward or carried back.     (6) Nothing in this section shall affect the ability of any claimant who adopts a child who has a special need to receive adoption assistance under Section 62A-4a-907.    Amended by Chapter 414, 2013 General Session
UT Code § 59-10-1105 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 11 - Refundable Tax Credit Act|Section 1105 - Tax credit for hand tools used in farming operations -- Procedures for refund -- Transfers from General Fund to Education Fund -- Rulemaking authority.

 Effective 7/1/2016  59-10-1105. Tax credit for hand tools used in farming operations -- Procedures for refund -- Transfers from General Fund to Education Fund -- Rulemaking authority.    (1) For a taxable year beginning on or after January 1, 2004, a claimant, estate, or trust may claim a refundable tax credit:   (a) as provided in this section;     (b) against taxes otherwise due under this chapter; and     (c) in an amount equal to the amount of tax the claimant, estate, or trust pays:   (i) on a purchase of a hand tool:   (A) if the purchase is made on or after July 1, 2004;     (B) if the hand tool is used or consumed primarily and directly in a farming operation in the state; and     (C) if the unit purchase price of the hand tool is more than $250; and       (ii) under Chapter 12, Sales and Use Tax Act, on the purchase described in Subsection (1)(c)(i).         (2) A claimant, estate, or trust:   (a) shall retain the following to establish the amount of tax the claimant, estate, or trust paid under Chapter 12, Sales and Use Tax Act, on the purchase described in Subsection (1)(c)(i):   (i) a receipt;     (ii) an invoice; or     (iii) a document similar to a document described in Subsection (2)(a)(i) or (ii); and       (b) may not carry forward or carry back a tax credit under this section.       (3)   (a) In accordance with any rules prescribed by the commission under Subsection (3)(b):   (i) the commission shall make a refund to a claimant, estate, or trust that claims a tax credit under this section if the amount of the tax credit exceeds the claimant's, estate's, or trust's tax liability under this chapter; and     (ii) the Division of Finance shall transfer at least annually from the General Fund into the Education Fund an amount equal to the aggregate amount of all tax credits claimed under this section.       (b) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commission may make rules providing procedures for making:   (i) a refund to a claimant, estate, or trust as required by Subsection (3)(a)(i); or     (ii) transfers from the General Fund into the Education Fund as required by Subsection (3)(a)(ii).        Amended by Chapter 375, 2016 General Session
UT Code § 59-10-1111 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 11 - Refundable Tax Credit Act|Section 1111 - Refundable tax credit for psychiatrists, psychiatric mental health nurse practitioners, and volunteer retired psychiatrists.

 Effective 1/1/2017  59-10-1111. Refundable tax credit for psychiatrists, psychiatric mental health nurse practitioners, and volunteer retired psychiatrists.    (1) As used in this section:   (a) "Psychiatric mental health nurse practitioner" means the same as that term is defined in Section 58-1-111.     (b) "Psychiatrist" means the same as that term is defined in Section 58-1-111.     (c) "Tax credit certificate" means a certificate issued by the Division of Occupational and Professional Licensing under Section 58-1-111 certifying that the claimant is entitled to a tax credit under this section.     (d) "Volunteer retired psychiatrist" means the same as that term is defined in Section 58-1-111.       (2) A claimant who is a psychiatrist or a psychiatric mental health nurse practitioner and who submits a tax credit certificate issued by the Division of Occupational and Professional Licensing under Subsection 58-1-111(3), may claim a refundable tax credit:   (a) as provided in this section; and     (b) in the amount of $10,000.       (3) A claimant who is a psychiatrist or a psychiatric mental health nurse practitioner and who submits a tax credit certificate under Subsection 58-1-111(4) may claim a refundable tax credit:   (a) as provided in this section; and     (b) in the amount of $10,000.       (4) A claimant who is a volunteer retired psychiatrist and who submits a tax credit certificate under Subsection 58-1-111(5) may claim a refundable tax credit:   (a) as provided in this section; and     (b) in the amount of $10,000.       (5) A claimant may claim a tax credit under Subsections (2) through (4) for no more than 10 taxable years for each tax credit.     (6)   (a) In accordance with any rules prescribed by the commission under Subsection (6)(b), the commission shall make a refund to a claimant who claims a tax credit under this section if the amount of the tax credit exceeds the claimant's tax liability for the taxable year.     (b) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commission may make rules providing procedures for making a refund to a claimant as required by Subsection (6)(a).      Enacted by Chapter 407, 2016 General Session
UT Code § 59-10-1112 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 10 - Individual Income Tax Act|Part 11 - Refundable Tax Credit Act|Section 1112 - Targeted business income tax credit.

 Effective 7/1/2021  59-10-1112. Targeted business income tax credit.    (1) As used in this section, "business applicant" means the same as that term is defined in Section 63N-2-302.     (2) A business applicant that is certified and issued a targeted business income tax eligibility certificate by the Governor's Office of Economic Opportunity under Section 63N-2-304 may claim a refundable tax credit in the amount specified on the targeted business income tax eligibility certificate.     (3) For a taxable year for which a business applicant claims a targeted business income tax credit under this section, the business applicant may not claim or carry forward a tax credit under Section 59-7-610, Section 59-10-1007, or Title 63N, Chapter 2, Part 2, Enterprise Zone Act.    Amended by Chapter 282, 2021 General Session