What’s New & Recent Information

Also see: Recent Info and Tax Law Changes which details recent changes in tax laws, including federal laws that affect Utah taxes.

What’s New

Recent Information

Can a Utah resident individual claim a nonrefundable credit for taxes paid to another state if those taxes are paid through a pass through entity on behalf of the individual?

Yes, a Utah resident individual may claim a credit for taxes paid to another state by a pass-through entity if:

  1. the taxes are imposed on income derived from sources within that other state;
  2. the pass-through entity paid the tax to the other state on behalf of the resident individual for income that was calculated on the distributable share of the resident individual; and
  3. any amount of income or taxes paid to another state on the income that is not included in the resident individual’s federal adjusted gross income, is reported on the resident individual’s Utah income tax return as an addition to income on form TC-40A, Part 1, using Code 60.