Utah § 59-10-552 Carry forward of expired or repealed tax credit.

Utah Statutes

§ 59-10-552 — Carry forward of expired or repealed tax credit.

Utah § 59-10-552

Title 59Revenue and Taxation

Ch. 59-10Individual Income Tax Act

Part 59-10-5Procedure and Administration

This text of Utah § 59-10-552 (Carry forward of expired or repealed tax credit.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 59-10-552 (2026).

Text

(1)Except as provided in Subsection (2), when a nonrefundable individual income tax credit, under Part 10, Nonrefundable Tax Credit Act, expires or is repealed, the commission shall allow a claimant, estate, or trust to carry forward any amount of the tax credit that remains for the period of time described in the tax credit for the taxable year in which the claimant, estate, or trust first claimed the tax credit.

(2)Subsection (1) does not apply to a tax credit described in Subsection 59-10-1010(2)(c)(iv).

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(1) Except as provided in Subsection (2), when a nonrefundable individual income tax credit, under Part 10, Nonrefundable Tax Credit Act, expires or is repealed, the commission shall allow a claimant, estate, or trust to carry forward any amount of the tax credit that remains for the period of time described in the tax credit for the taxable year in which the claimant, estate, or trust first claimed the tax credit.
(2) Subsection (1) does not apply to a tax credit described in Subsection 59-10-1010(2)(c)(iv).