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Arizona Credit for Taxes Paid to Another State or Country For Forms 140-SBI, 140NR-SBI and 140PY-SBI
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Extracted from PDF file 2023-arizona-form-309-sbi.pdf, last modified January 2024Credit for Taxes Paid to Another State or Country For Forms 140-SBI, 140NR-SBI and 140PY-SBI
Arizona Form 309-SBI Credit for Taxes Paid to Another State or Country For Forms 140-SBI, 140NR-SBI, 140PY-SBI and 140X-SBI 2023 Include with your return. A separate form must be filed for each state or country for which a credit is claimed. For the calendar year 2023 or fiscal year beginning M M D D 2 0 2 3 and ending M M D D Y Y Y Y . Your Name as shown on Form 140-SBI, 140NR-SBI, 140PY-SBI, or 140X-SBI Your Social Security Number Spouse’s Name as shown on Form 140-SBI, 140NR-SBI, 140PY-SBI, or 140X-SBI (if joint return) Spouse’s Social Security Number Part 1 Computation of Income Subject to Tax by Both Arizona and the Other State or Country During 2023 A. Other State: If claiming a credit for taxes paid to another state, enter the two-letter abbreviation for that state. See last page of the instructions for a list of state abbreviations...................................... B. Other Country: If claiming a credit for taxes paid to another country, enter the country name If claiming a credit for taxes paid to more than one country, see instructions. 1 Description of income item(s) from Arizona small business income tax return. List each item separately. (a) (b) (a) 2 Amount of income from item listed on line 1 reportable to both Arizona and the other state or country....... 2 $ (c) (b) 00 $ (c) 00 3 Portion of income on line 2 included in Arizona small business adjusted gross income.................. 3 $ 00 $ 00 4 Portion of income on line 2 included in the other state or country’s equivalent of Arizona small business adjusted gross income.......................................... 4 $ 00 $ 00 5 Small business income subject to tax by both Arizona and the other state or country. Enter the smaller of the amount entered on line 3 or line 4.............................................. 5 $ 00 $ 00 6 Total small business income subject to tax in both Arizona and the other state or country. Add line 5, columns (a), (b), and (c). Include total from additional schedules. If less than zero, enter “0”............... 6 $ 00 $ 00 $ 00 $ 00 $ 00 Part 2 7 8 9 10 11 12 13 14 15 16 17 Computation of Other State or Country Tax Credit Lines 10 and 15: Enter the decimal amount to four places. (x.xxxx) Lines 10 and 15: Enter decimal amount to four places. (x.xxxx) (Read specific line instructions for Part 2 before completing this part.) Arizona tax liability less any credits from Form 301-SBI (except other state tax credit)....................... Amount from Part 1, line 6..................................................................................................................... Entire income upon which Arizona small business income tax is imposed. See instructions.............. Divide the amount on line 8 by the amount on line 9 (cannot be greater than 1.0000)......................... Multiply the amount on line 7 by the decimal on line 10........................................................................ Income tax paid to: Name of other state or country. See Instructions. 12a Amount from Part 1, line 6..................................................................................................................... Entire income upon which other state or country’s income tax is imposed. See instructions............... Divide the amount on line 13 by the amount on line 14 (cannot be greater than 1.0000)..................... Multiply the amount on line 12 by the decimal on line 15...................................................................... Allowable credit for taxes paid to the above named other state or country: If claiming a credit from more than one state or country, see instructions. Enter the smaller of line 11 or line 16 on line 17. Also, enter this amount on Arizona Form 301-SBI, Part 1, line 2, column (a)...................................... ADOR 11406 (23) Print Page 7 8 9 10 11 12b 13 14 15 16 17 00 00 00 • • 00 00 00 00 00 00 Page 1 of 2 Your Name (as shown on page 1) Your Social Security Number Schedule of Income Allocation Complete this schedule only if you are an Arizona resident who is also considered to be a resident of another state under the laws of that other state (dual resident); otherwise, skip this schedule. See pages 2 and 5 of the instructions. (a) Amount from 2023 federal return that meets the definition of Arizona small business gross income. 1 2 3 4 5 6 7 Interest & Ordinary Dividends from Federal Schedule B............................ Business income or (loss) from Federal Schedule C............................ Portion of Schedule D gains (or losses) included in the definition of Arizona small business gross income. See instructions................... Rents, royalties, partnerships, estates, trusts, small business corporations and residual interest in REMICS from Federal Schedule E.... Profit or Loss from Farmining from Federal Schedule F............................ Sales of Business Property from Federal Schedule 4797 that are not included in Schedule D...................... Total Arizona Small Business Gross Income: Add lines 1 through 6.......... (b) Amount entered in column (a) reported on your 2023 Small Business tax return. (c) Amount entered in column (a) reported on your 2023 return field to your statutory state of residence. (d) Amount entered in column (c) that would be sourced to your statutory state of residence as income of a nonresident of that state. $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 $ 00 Print Schedule ADOR 11406 (23) AZ Form 309-SBI (2023) Page 2 of 2
AZ Form 309
More about the Arizona Form 309-SBI Corporate Income Tax TY 2023
Use Arizona Form 309-SBI to figure your credit for taxes paid to Arizona and another state or country on the same small business income. If claiming a credit for more than one state or country, complete a separate Form 309-SBI for each state or country.
We last updated the Credit for Taxes Paid to Another State or Country For Forms 140-SBI, 140NR-SBI and 140PY-SBI in February 2024, so this is the latest version of Form 309-SBI, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 309-SBI directly from TaxFormFinder. You can print other Arizona tax forms here.
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TaxFormFinder has an additional 95 Arizona income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| Schedule ACA | Schedule ACA - Air Carrier Apportionment |
| Form 120S | Arizona S Corporation Income Tax Return |
| Form 141AZ | Arizona Fiduciary Income Tax Return |
| Form 165 | Arizona Partnership Income Tax Return |
| Form 343 | Renewable Energy Production Tax Credit |
View all 96 Arizona Income Tax Forms
Form Sources:
Arizona usually releases forms for the current tax year between January and April. We last updated Arizona Form 309-SBI from the Department of Revenue in February 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Arizona Form 309-SBI
We have a total of three past-year versions of Form 309-SBI in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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