reglab/housing_qa huggingface dataset:
AZ Rev Stat § 43-1129 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1129 - Amortization of expenses incurred in acquisition of pollution control devices; depreciation

43-1129.  Amortization of expenses incurred in acquisition of pollution control devices;  depreciation A. Any taxpayer may elect to amortize the adjusted basis of any device,  machinery or equipment for the collection and control at the source of atmospheric and water pollutants and contaminants based upon a period of sixty months. In computing Arizona taxable income,  such amortization shall be allowed as a subtraction ratably over the period allowed under this subsection beginning with the month in which such device,  machinery or equipment is completed or acquired and is placed in service by the taxpayer. This election shall be indicated by the taxpayer in an appropriate statement in the taxpayer's income tax return for the taxable year of the acquisition or completion and placement in service of such devices,  machinery or equipment. An election to discontinue amortization with respect to the remainder of the amortization period is permitted and shall be indicated by an appropriate statement in the taxpayer's income tax return for the taxable year of discontinuance. B. If the taxpayer does not elect to amortize pursuant to subsection A,  there shall be allowed a deduction for normal exhaustion,  wear and tear of property. The amount of such deduction shall be computed pursuant to the provisions of section 167 of the internal revenue code. C. In determining the adjusted basis for the purposes of subsection A,  such device,  machinery or equipment upon certification by the department of environmental quality as a device,  machinery or equipment for the collection and control at the source of atmospheric and water pollutants and contaminants shall include only an amount that is properly attributable to the construction,  reconstruction,  remodeling,  installation or acquisition of such device,  machinery or equipment as certified by the department of environmental quality.
AZ Rev Stat § 43-1130 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1130 - Amortization of the cost of child care facilities

43-1130.  Amortization of the cost of child care facilities A. At the election of any corporate taxpayer operating a child care facility for the purpose of making profit,  any expenditure made to purchase,  construct,  renovate or remodel child care facilities or equipment shall be allowable as a subtraction ratably over a period of sixty months,  beginning with the month in which the property is placed in service. B. At the election of a taxpayer operating a child care facility within this state primarily for the children of employees of the taxpayer,  any expenditure made to acquire,  construct,  renovate or remodel the child care facility or equipment is allowable as a subtraction ratably over a period of twenty-four months beginning with the month in which the property is placed in service. C. The subtraction provided by this section shall be in lieu of any allowance for the exhaustion,  wear and tear of such property used in a trade or business or of property held for the production of income,  including a reasonable allowance for obsolescence pursuant to section 167 or 188 of the internal revenue code. D. In the case of a partnership,  joint venture or other pooled investment or joint ownership of child care property each participating corporate owner may claim the pro rata share of the subtraction based on the corporate ownership interest in the property. The total of the subtractions allowed all such owners of the property shall not exceed the amount that would have been allowed for a sole owner of the property.
AZ Rev Stat § 43-1331 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1331 - Additions to Arizona gross income; estates and trusts

43-1331.  Additions to Arizona gross income;  estates and trusts In computing Arizona taxable income of an estate or trust,  the estate or trust's share of the fiduciary adjustment shall be added to Arizona gross income to the extent that the amount determined pursuant to section 43-1333 increases the estate or trust's Arizona gross income.
AZ Rev Stat § 43-1332 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1332 - Subtractions from Arizona gross income; estates and trusts

43-1332.  Subtractions from Arizona gross income;  estates and trusts In computing Arizona taxable income of an estate or trust,  the following shall be subtracted from Arizona gross income: 1. The estate or trust's share of the fiduciary adjustment to the extent that the amount determined pursuant to section 43-1333 decreases the estate or trust's Arizona gross income. 2. In the case of an estate,  the amount of federal estate taxes paid in the current taxable year.
AZ Rev Stat § 43-1333 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1333 - Fiduciary adjustment; allocation of shares

43-1333.  Fiduciary adjustment;  allocation of shares A. The fiduciary adjustment for a resident estate or trust shall be the net amount of the additions and subtractions required by sections 43-1021 and 43-1022 including the addition required by section 43-1021,  paragraph 1 or the subtraction required by section 43-1022,  paragraph 3 if the estate or trust is a beneficiary of another estate or trust.  B. In the case of a nonresident estate or trust,  the fiduciary adjustment shall be the net amount of the additions and subtractions required by sections 43-1021 and 43-1022 that are derived from or related to income from sources within this state. C. The estate or trust and its beneficiaries shall apportion the fiduciary adjustment in the same proportion as their respective shares of federal distributable net income of the estate or trust. D. If the estate or trust has no federal distributable net income for the taxable year,  the share of each beneficiary in the fiduciary adjustment shall be in proportion to the beneficiary's share of the estate or trust income for the year,  under local law or terms of the instrument,  that is required to be distributed currently and any other amounts of the income distributed in the year. Any balance of the fiduciary adjustment shall be allocated to the estate or trust. E. In the case of a nonresident beneficiary of an estate or trust,  including a nonresident estate or trust that is a beneficiary of another estate or trust,  the addition required by section 43-1021,  paragraph 1 or the subtraction required by section 43-1022,  paragraph 3 shall be limited to that portion of the beneficiary's share of the fiduciary adjustment that is derived from or related to income from sources within this state.
AZ Rev Stat § 43-1042 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1042 - Itemized deductions

43-1042.  Itemized deductions A. Except as provided by subsections B and C of this section,  at the election of the taxpayer,  and in lieu of the standard deduction allowed by section 43-1041,  in computing taxable income the taxpayer may take the amount of itemized deductions allowable for the taxable year pursuant to subtitle A,  chapter 1,  subchapter B,  parts VI and VII,  but subject to the limitations prescribed by sections 67,  68 and 274 of the internal revenue code. B. In lieu of the amount of the federal itemized deduction for expenses paid for medical care allowed under section 213 of the internal revenue code,  the taxpayer may deduct the full amount of such expenses. C. A taxpayer shall not claim both a deduction provided by this section and a credit allowed by this title with respect to the same charitable contributions. This subsection applies to any contribution for which a credit is allowed by this title even if the contribution is treated as a payment of state income tax.  D. The taxpayer may add any interest expense paid by the taxpayer for the taxable year that is equal to the amount of federal credit for interest on certain home mortgages allowed by section 25 of the internal revenue code.
AZ Rev Stat § 43-1731 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1731 - Deductions

43-1731.  Deductions Deductions other than those deductions already reflected in the net amounts reported on the federal schedules prescribed in section 43-1701 may not be taken against Arizona small business adjusted gross income in computing Arizona small business taxable income.
AZ Rev Stat § 43-1072.01 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1072.01 - Credit for increased excise taxes paid

43-1072.01.  Credit for increased excise taxes paid  (Caution: 1998 Prop 105 applies) A. Subject to the conditions prescribed by this section and if approved by the qualified electors voting at a statewide general election,  for taxable years beginning from and after December 31,  2000 a credit is allowed against the taxes imposed by this chapter for a taxable year for a taxpayer who is not claimed as a dependent by any other taxpayer and whose federal adjusted gross income is: 1. Twenty-five thousand dollars or less for a married couple or a single person who is a head of a household. 2. Twelve thousand five hundred dollars or less for a single person or a married person filing separately. B.    The credit is considered to be in mitigation of increased tax rates pursuant to section 42-5010,  subsection G and section 42-5155,  subsection D. C. The amount of the credit shall not exceed twenty-five dollars for each person who is a resident of this state and for whom a personal or dependent exemption is allowed with respect to the taxpayer pursuant to section 43-1023,  subsection B,  paragraph 1 and section 43-1043,  but not more than one hundred dollars for all persons in the taxpayer's household,  as defined in section 43-1072. D. If the allowable amount of the credit exceeds the income taxes otherwise due on the claimant's income,  the amount of the claim not used as an offset against income taxes shall be paid in the same manner as a refund granted under section 42-1118. Refunds made pursuant to this subsection are subject to setoff under section 42-1122. E. The department shall make available suitable forms with instructions for claimants. Claimants who certify on the prescribed form that they have no income tax liability for the taxable year and who do not meet the filing requirements of section 43-301 are not required to file an individual income tax return. The claim shall be in a form prescribed by the department.  F. For taxable years beginning from and after December 31,  2002,  a person who is sentenced for at least sixty days of the taxable year to the custody of the federal bureau of prisons,  the state department of corrections or a county jail is not eligible to claim a credit pursuant to this section. G. For taxable years beginning from and after December 31,  2014,  any tax return or form prescribed by subsection E of this section must have: 1. A social security number that is valid for employment for the claimant. 2. Either a valid social security number or an individual taxpayer identification number issued by the internal revenue service for the claimant's spouse and any qualifying children of the claimant.
AZ Rev Stat § 43-1072.02 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1072.02 - Credit for increased transaction privilege or excise tax paid for education

43-1072.02.  Credit for increased transaction privilege or excise tax paid for education A. Subject to the conditions prescribed by this section,  for taxable years beginning from and after December 31,  2020 and ending before January 1,  2042,  a credit is allowed against the taxes imposed by this chapter for a taxable year for a taxpayer who is not claimed as a dependent by any other taxpayer and whose federal adjusted gross income is: 1. $25, 000 or less for a married couple or a single person who is a head of a household. 2. $12, 500 or less for a single person or a married person filing separately. B.    The credit is considered to be in mitigation of increased tax rates pursuant to section 42-5010.01 and section 42-5155,  subsection E. C. The amount of the credit may not exceed $25 for each person who is a resident of this state and who is either the taxpayer,  the taxpayer's spouse who does not file a return or a dependent and shall not exceed $100 for all persons in the taxpayer's household as defined in section 43-1072. D. If the allowable amount of the credit exceeds the income taxes otherwise due on the claimant's income,  the amount of the claim not used as an offset against income taxes shall be paid in the same manner as a refund granted under section 42-1118. Refunds made pursuant to this subsection are subject to setoff under section 42-1122. E. A person who is sentenced for at least sixty days of the taxable year to the custody of the federal bureau of prisons,  the state department of corrections or a county jail is not eligible to claim a credit pursuant to this section. F. The department shall make available suitable forms with instructions for claimants. Claimants who certify on the prescribed form that they have no income tax liability for the taxable year and who do not meet the filing requirements of section 43-301 are not required to file an individual income tax return. The claim shall be in a form prescribed by the department.  G. A tax return or form prescribed pursuant to subsection F of this section must have: 1. A social security number that is valid for employment for the claimant. 2. Either a valid social security number or an individual taxpayer identification number issued by the internal revenue service for the claimant's spouse and any qualifying children of the claimant. H. A taxpayer that claims a credit under this section may not claim the credit under section 43-1072.01 for the same taxable year. The credits under this section and section 43-1072.01 shall be collectively referred to as the excise tax credit and claimed using the same credit form or line on the tax return. For the purposes of the report required by section 43-224,  the department shall report the credits under section 43-1072.01 and this section together as one credit.
AZ Rev Stat § 43-1073 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1073 - Family income tax credit

43-1073.  Family income tax credit A. Subject to the conditions prescribed by this section,  a credit is allowed against the taxes imposed by this chapter for a taxable year for taxpayers whose Arizona adjusted gross income,  plus the amount subtracted for exemptions under section 43-1023,  is: 1. $20, 000 or less in the case of a married couple filing a joint return with not more than one dependent or a single person who is a head of a household with not more than one dependent. 2. $23, 600 or less in the case of a married couple filing a joint return with two dependents. 3. $27, 300 or less in the case of a married couple filing a joint return with three dependents. 4. $31, 000 or less in the case of a married couple filing a joint return with four or more dependents. 5. $20, 135 or less in the case of a single person who is a head of a household with two dependents. 6. $23, 800 or less in the case of a single person who is a head of a household with three dependents. 7. $25, 200 or less in the case of a single person who is a head of a household with four dependents. 8. $26, 575 or less in the case of a single person who is a head of a household with five or more dependents. 9. $10, 000 or less in the case of a single person or a married person filing separately. B. The amount of the credit is equal to $40 for each person who is a resident of this state and who is either the taxpayer,  the taxpayer's spouse who does not file a return or a dependent but may not exceed: 1. $240 in the case of a married couple filing a joint return or a single person who is a head of a household. 2. $120 in the case of a single person or a married couple filing separately. 3. For any taxpayer,  the amount of taxes due under this chapter for the taxable year.
AZ Rev Stat § 43-1073.01 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1073.01 - Dependent tax credit

43-1073.01.  Dependent tax credit A. A credit is allowed against the taxes imposed by this title for a taxable year for each dependent of a taxpayer as provided by this section. B. For taxpayers whose federal adjusted gross income is less than $200, 000 for a taxpayer who is a single person,  a married person filing separately or a head of household or is less than $400, 000 for a married couple filing a joint return,  the amount of the credit is:  1. $100 for each dependent who is under seventeen years of age at the end of the taxable year.  2. $25 for each dependent who is at least seventeen years of age at the end of the taxable year.  C. For taxpayers whose federal adjusted gross income is $200, 000 or more for a taxpayer who is a single person,  a married person filing separately or a head of household or is $400, 000 or more for a married couple filing a joint return,  the amount of the credit is:  1. $100 minus five percent for each $1, 000,  or fraction thereof,  by which the taxpayer's federal adjusted gross income exceeds the applicable threshold provided in this subsection for each dependent who is under seventeen years of age at the end of the taxable year.  2. $25 minus five percent for each $1, 000,  or fraction thereof,  by which the taxpayer's federal adjusted gross income exceeds the applicable threshold provided in this subsection for each dependent who is at least seventeen years of age at the end of the taxable year. D. In the case of a nonresident or part-year resident taxpayer,  the credit allowed under this section is allowed in the percentage that the taxpayer's Arizona gross income is of the federal adjusted gross income.
AZ Rev Stat § 43-1074.02 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1074.02 - Credit for investment in qualified small businesses

43-1074.02.  Credit for investment in qualified small businesses A. For taxable years beginning from and after December 31,  2006 through December 31,  2034,  a credit is allowed against the taxes imposed by this title for investment made after June 30,  2006 in qualified small businesses. The amount of the credit is the amount determined and authorized by the Arizona commerce authority as provided by section 41-1518. B. To claim the credit under this section,  the taxpayer shall attach to its tax return a copy of the Arizona commerce authority certification provided pursuant to section 41-1518. A credit is not allowed under this section unless the taxpayer provides the certification. C. The basis of any investment with respect to which the taxpayer has claimed a credit under this section shall be reduced by the amount of the credit claimed with respect to that investment. D. If the allowable tax credit exceeds the taxes due under this title on the claimant's income,  or if there are no taxes due under this title,  the amount of the claim not used to offset the taxes under this title may be carried forward to the next three consecutive taxable years as a credit against subsequent years' income tax liability. E. Individuals who are co-owners of a business,  including partners in a partnership and shareholders of an S corporation as defined in section 1361 of the internal revenue code,  may each claim only their individual pro rata shares of the credit allowed under this section based on their ownership interests. The total of the credits allowed all such owners may not exceed the amount that would have been allowed a sole owner. F. If the department of revenue determines that there has been a misrepresentation on an application submitted to the Arizona commerce authority under section 41-1518,  the department of revenue shall deny the credit if the misrepresentation relates to whether the applicant was a qualified investor or made a qualified investment. If the misrepresentation relates to whether the investment was made to: 1. A qualified small business,  the department of revenue shall deny the credit only if the applicant knew or should have known at any time before the certification that the representation was false.  2. A bioscience enterprise or a business that maintains its principal place of business in a rural county in this state,  the department of revenue shall decrease the amount of the credit that would have been allowed only if the applicant knew or should have known at any time before the certification that the representation was false.
AZ Rev Stat § 43-1075 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1075 - Affordable housing tax credit

43-1075.  Affordable housing tax credit (Rpld. 1/1/26) A. A taxpayer is allowed a credit against the taxes imposed by this title if the Arizona department of housing issues an eligibility statement for a qualified project pursuant to section 41-3954. The amount of the credit: 1. Is equal to at least fifty percent of the amount of the federal low-income housing credit for the qualified project. 2. On notice to the department of revenue,  may be allocated among the partners,  members or shareholders,  as they may agree among themselves regardless of the size of such participant's ownership interest. The total of the allocated credits among all such participants may not exceed the amount of the credit approved by the Arizona department of housing. This paragraph does not prohibit a partner,  member or shareholder from holding an investment exclusively in either the state credits or federal credits allocated to the qualified project. B. To claim the credit under this section,  the taxpayer must submit the eligibility statement provided by the Arizona department of housing under section 41-3954 to the department of revenue with the taxpayer's income tax return. A credit under this section is not allowed until the taxpayer furnishes the required documentation. C. If the amount of the credit for a taxable year exceeds the amount of taxes otherwise due under this title on the claimant's income,  or if there are no taxes due under this title,  the taxpayer may carry the amount of the claim not used to offset the taxes under this title forward for not more than five consecutive taxable years' income tax liability. D. If all or part of the federal low-income housing tax credit with respect to the qualified project is subject to recapture under section 42 of the internal revenue code during the first ten taxable years after the project is placed in service,  the credit under this section is also subject to recapture in a proportional amount from all taxpayers who claimed the credit. The recapture is calculated by increasing the amount of taxes imposed in the following year by the amount recaptured. E. The department of revenue,  with the cooperation of the department of insurance and financial institutions and the Arizona department of housing,  shall adopt rules and publish and prescribe forms and procedures as necessary to administer this section.
AZ Rev Stat § 43-1077 (2021)
2021 Arizona Revised Statutes|Title 43 - Taxation of Income|§ 43-1077 - Credit for entity-level income tax

43-1077.  Credit for entity-level income tax A. For taxable years beginning from and after December 31,  2021,  a credit is allowed against the taxes imposed by this title for a taxpayer who is a partner in a partnership or a shareholder of an S corporation that elects to pay the tax under section 43-1014. B. The amount of the credit is the portion of the tax paid by the partnership or S corporation under section 43-1014 that is attributable to the partner's or shareholder's share of income taxable in this state.  C. If the allowable credit exceeds the taxes otherwise due under this title on the claimant's income,  or if there are no taxes due under this title,  the amount of the claim not used to offset taxes under this title may be carried forward for not more than five consecutive taxable years as a credit against subsequent years' income tax liability.