Form is used by a Fiduciary to compute a tax credit, under Arizona's Claim of Right provisions, by identifying an income amount previously reported by the estate or trust that was required to be repaid during the current taxable year and the associated tax that was paid on that income. To claim this credit, the total amount repaid during the current tax year must be more than $3,000.
141AZ Schedule K-1(NR) Nonresident Beneficiary's Share of Income
Form is used by a Fiduciary to report to each non-resident beneficiary his or her share of (1) net fiduciary federal distributable income from Arizona sources; and (2) beneficiary's share of Fiduciary adjustment related to Arizona sources.
Instructions are now included starting with the 2015 forms.
The Arizona Department of Revenue has moved the deadline for filing and paying state income taxes from April 15 to July 15, 2020 following direction by Governor Doug Ducey.
Income tax return filed by a Fiduciary, or Fiduciaries, for an estate or trust that has either (1) Arizona taxable income for the year or (2) gross income for the tax year that is $5,000 or more, regardless of the amount of the Arizona taxable income.