59-10-1102.1. Apportionment of tax credit.
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/ut/title-59/chapter-10/59-10-1102-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/3/2023
59-10-1102.1. Apportionment of tax credit.
A nonresident individual or a part-year resident individual who claims a tax credit in accordance with Section 59-10-1114 may claim only an apportioned amount of the tax credit equal to the product of:
(1)the state income tax percentage for the nonresident individual or the state income tax percentage for the part-year resident individual; and
(2)the amount of the tax credit that the nonresident individual or the part-year resident individual would have been allowed to claim but for the apportionment requirement of this section.
Enacted by Chapter 460 , 2023 General Session