HAR § 18-235-110.7-20 — Filing procedure

(a) In general. A claim for the credit, including an amended claim, must be filed on or before the end of the twelfth month following the close of the taxable year for which the credit may be claimed, or if an extension of time for filing a return has been granted, within the extension period. (b) Form. The claim for the credit shall be made on Form N-312. For recapture purposes, a recomputation of the credit shall be made on Part II of Form N-312. (c) Failure to comply with filing requirements. A failure to comply with these filing requirements shall constitute a waiver of the right to claim the credit. (d) Partner, S corporation shareholder, or beneficiary of an estate or trust. In the case of a taxpayer who is involved in a pass-through entity (i.e., partnership, S corporation, estate, or trust) and who claims a credit for the entity’s eligible property, the taxpayer shall attach to Form N-312, a copy of the Schedule K-1 and any other statement (relating to the credit) which is provided by the pass-through entity. A copy of the Schedule K-1 and other statement shall be attached to Form N-312 both when the credit is claimed, and when the credit is subject to recapture.