NOTICE: 2020 Transaction Privilege Tax License Renewals. The Arizona Department of Revenue is sending renewal letters to businesses to renew their 2020 Arizona Transaction Privilege Tax (TPT) License. Click here for more information.
Credit for New Employment - Distribution to Shareholders of an S Corporation (For instructions, see 345 instructions)
S corporations that claimed the Credit for New Employment in the current taxable years and elected to pass the credit through to its shareholders use this form to distribute the credit to their shareholders.