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Utah Code — Title 59 (Revenue and Taxation)

Utah Code § 59-10-1032

Nonrefundable tax credit for employment of a person who is homeless

Official textle.utah.gov

# (1)

As used in this section:

# (a)

"Eligible employer" means a person who receives a tax credit certificate from the Department of Workforce Services in accordance with Title 35A, Chapter 5, Part 3, Tax Credit for Employment of Persons Who Are Homeless Act.

# (b)

"Person who is homeless" is as defined in Section 35A-5-302.

# (2)

Subject to the other provisions of this section, an eligible employer that is a claimant, estate, or trust may claim a nonrefundable tax credit as provided in this section against a tax under this chapter.

# (3)

The tax credit under this section is the amount of tax credit listed on a tax credit certificate that the Department of Workforce Services issues to an employer for a taxable year under Title 35A, Chapter 5, Part 3, Tax Credit for Employment of Persons Who Are Homeless Act.

# (4)

An eligible employer may carry forward a tax credit under this section for a period that does not exceed the next five taxable years if:

# (a)

the eligible employer is allowed to claim a tax credit under this section; and

# (b)

the amount of the tax credit exceeds the eligible employer's tax liability under this chapter for that taxable year.

# (5)

An eligible employer shall retain a tax credit certificate the eligible employer receives from the Department of Workforce Services for the same time period a person is required to keep books and records under Section 59-1-1406.

Last amended: Enacted by Chapter 315, 2014 General Session

Source: view the official text

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In this chapter (40 sections)
  1. 59-10-1002.2 · Apportionment of tax credits
  2. 59-10-1003 · Tax credit for tax paid by individual to another state
  3. 59-10-1004 · Tax credit for cash contributions to sheltered workshops
  4. 59-10-1005 · Tax credit for at-home parent
  5. 59-10-1006 · Historic preservation tax credit
  6. 59-10-1007 · Recycling market development zones tax credits
  7. 59-10-1010 · Utah low-income housing tax credit
  8. 59-10-1012 · Tax credits for research activities conducted in the state…
  9. 59-10-1014 · Nonrefundable clean energy systems tax credits --…
  10. 59-10-1015 · Definitions -- Tax credit for live organ donation expenses…
  11. 59-10-1017 · Utah Educational Savings Plan tax credit
  12. 59-10-1018 · Definitions -- Nonrefundable taxpayer tax credits
  13. 59-10-1019 · Definitions -- Nonrefundable retirement tax credit
  14. 59-10-1020 · Nonrefundable estate or trust tax credit
  15. 59-10-1022 · Nonrefundable tax credit for capital gain transactions
  16. 59-10-1023 · Nonrefundable tax credit for amounts paid under a health…
  17. 59-10-1025 · Nonrefundable tax credit for investment in certain life…
  18. 59-10-1027 · Nonrefundable tax credit for combat related death
  19. 59-10-1028 · Nonrefundable tax credit for capital gain transactions on…
  20. 59-10-1031 · Nonrefundable tax credit for employing a recently deployed…
  21. 59-10-1032 · Nonrefundable tax credit for employment of a person who is…
  22. 59-10-1033.1 · Tax credit related to alternative fuel heavy duty…
  23. 59-10-1034 · Nonrefundable high cost infrastructure development tax…
  24. 59-10-1035 · Nonrefundable tax credit for contribution to state…
  25. 59-10-1036 · Nonrefundable tax credit for military survivor benefits
  26. 59-10-1037 · Nonrefundable enterprise zone tax credit
  27. 59-10-1038 · Nonrefundable rural job creation tax credit
  28. 59-10-1041 · Nonrefundable tax credit for a donation to the Carson…
  29. 59-10-1042 · Nonrefundable tax credit for social security benefits
  30. 59-10-1043 · Nonrefundable tax credit for military retirement
  31. 59-10-1044 · Nonrefundable earned income tax credit
  32. 59-10-1045 · Nonrefundable tax credit for taxes paid by pass-through…
  33. 59-10-1046 · Nonrefundable adoption expense tax credit
  34. 59-10-1047 · Nonrefundable child tax credit
  35. 59-10-1048 · Nonrefundable tax credits for employer-provider child care
  36. 59-10-1102 · Definitions
  37. 59-10-1102.1 · Apportionment of tax credit
  38. 59-10-1103 · Tax credit for pass-through entity taxpayer
  39. 59-10-1105 · Tax credit for hand tools used in farming operations --…
  40. 59-10-1106 · Refundable clean energy systems tax credits -- Definitions…
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