Utah § 59-7-522 Overpayments.

Utah Statutes

§ 59-7-522 — Overpayments.

Utah § 59-7-522

Title 59Revenue and Taxation

Ch. 59-7Corporate Franchise and Income Taxes

Part 59-7-5Procedures and Administration

This text of Utah § 59-7-522 (Overpayments.) 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. § 59-7-522 (2026).

Text

(1)As used in this section, "overpayment" means the same as that term is defined in Section 59-1-1409.

(2)(2)(a) Subject to Subsection (2)(b), a claim for credit or refund of an overpayment that is attributable to a Utah net loss carry forward shall be filed within three years from the due date of the return for the taxable year of the Utah net loss.

(2)(b) The three-year period described in Subsection (2)(a) shall be extended by any extension of time provided in statute for filing the return described in Subsection (2)(a).

(3)The commission shall make a credit against or refund of any overpayment of a tax under this chapter for a taxable year if, in accordance with Section 59-7-519:

(3)(a) (3)(a)(i) a corporation agrees with the commissioner of internal revenue for an extension, or a

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(1) As used in this section, "overpayment" means the same as that term is defined in Section 59-1-1409.
(2) (2)(a) Subject to Subsection (2)(b), a claim for credit or refund of an overpayment that is attributable to a Utah net loss carry forward shall be filed within three years from the due date of the return for the taxable year of the Utah net loss.
(2)(b) The three-year period described in Subsection (2)(a) shall be extended by any extension of time provided in statute for filing the return described in Subsection (2)(a).
(3) The commission shall make a credit against or refund of any overpayment of a tax under this chapter for a taxable year if, in accordance with Section 59-7-519:

(3)(a) (3)(a)(i) a corporation agrees with the commissioner of internal revenue for an extension, or a renewal of an extension, of the period for proposing and assessing a deficiency in federal income tax for that taxable year; or
(3)(a)(ii) there is a change in or correction of federal taxable income for that taxable year; and
(3)(b) the corporation files a claim for the credit or refund before the expiration of the time period within which the commission may assess a deficiency.
(4) The commission shall make a credit or refund within a 30-day period after the day on which a court's decision to require the commission to credit or refund the amount of an overpayment to a taxpayer is final.