Arizona Form 319 provides a nonrefundable individual and corporate income tax credit for the installation of solar hot water heater plumbing stub outs and electric vehicle (EV) recharge outlets in houses or dwelling units constructed by the taxpayer. These properties must be located in Arizona. The credit is intended to encourage energy-efficient home construction by offering tax incentives for these specific installations.
Eligibility and Key Details
- Eligible Installations: Solar hot water heater plumbing stub outs and EV recharge outlets installed in newly constructed homes or dwelling units by the taxpayer.
- Location Requirement: The property must be located within the state of Arizona.
- Tax Year Deadline: Taxable year 2017 was the final year a taxpayer could establish this credit. No new credits can be claimed after this date.
- Carryforward Provision: Any unused portion of valid credits may be carried forward for the remainder of a five-year carryforward period.
Important Notes
- This credit is no longer available for new claims after 2017, but taxpayers may still carry forward unused credits within the five-year window.
- The credit applies to both individual and corporate taxpayers who construct qualifying homes in Arizona.
- For assistance or additional information, taxpayers may contact the Arizona Department of Revenue (AZDOR) via phone or visit their website at www.azdor.gov.
Source:
Form 319 - Credit for Solar Hot Water Heater Plumbing Stub Outs and Electric Vehicle Recharge Outlets (Arizona Department of Revenue)
Disclaimer: Always verify details with the current Federal or State Department of Revenue Forms and Instructions, as tax rules and eligibility may change. For complex situations, consult a CPA or tax attorney.