Utah Code — Title 59 (Revenue and Taxation)
Utah Code § 59-10-1404
Character of an item of income, gain, loss, deduction, or credit
Official textle.utah.gov
Regardless of whether or how an item of income, gain, loss, deduction, or credit is characterized for federal income tax purposes, that item of income, gain, loss, deduction, or credit is from the same source and incurred in the same manner for a pass-through entity taxpayer as if the item of income, gain, loss, deduction, or credit is:
# (1)
realized directly from the source from which the item of income, gain, loss, deduction, or credit is realized by the pass-through entity; or
# (2)
incurred in the same manner as incurred by the pass-through entity.
Source: view the official text
In this chapter (40 sections)
- 59-10-1041 · Nonrefundable tax credit for a donation to the Carson…
- 59-10-1042 · Nonrefundable tax credit for social security benefits
- 59-10-1043 · Nonrefundable tax credit for military retirement
- 59-10-1044 · Nonrefundable earned income tax credit
- 59-10-1045 · Nonrefundable tax credit for taxes paid by pass-through…
- 59-10-1046 · Nonrefundable adoption expense tax credit
- 59-10-1047 · Nonrefundable child tax credit
- 59-10-1048 · Nonrefundable tax credits for employer-provider child care
- 59-10-1102 · Definitions
- 59-10-1102.1 · Apportionment of tax credit
- 59-10-1103 · Tax credit for pass-through entity taxpayer
- 59-10-1105 · Tax credit for hand tools used in farming operations --…
- 59-10-1106 · Refundable clean energy systems tax credits -- Definitions…
- 59-10-1107 · Refundable economic development tax credit
- 59-10-1108 · Refundable motion picture tax credit
- 59-10-1111 · Refundable tax credit for psychiatrists, psychiatric…
- 59-10-1113 · Refundable tax credit for nonrenewable hydrogen production…
- 59-10-1114 · Refundable adoption expense tax credit
- 59-10-1302 · Definitions
- 59-10-1303 · Contributions -- Amount -- Procedure for designating a…
- 59-10-1304 · Removal of designation and prohibitions on collection for…
- 59-10-1306 · Homeless contribution -- Credit to Pamela Atkinson…
- 59-10-1307 · Contributions for education
- 59-10-1308 · Children's organ transplants contribution -- Credit to…
- 59-10-1311 · Election Campaign Fund contribution -- Transfer from…
- 59-10-1312 · Election Campaign Fund -- Creation -- Funding for account…
- 59-10-1313 · Contribution to a Utah Educational Savings Plan account
- 59-10-1319 · Contribution to Clean Air Fund
- 59-10-1320 · Contribution to the Governor's Suicide Prevention Fund
- 59-10-1321 · Contribution to the Nonprofit Capacity Fund
- 59-10-1322 · Contribution to Diapering Supplies Fund
- 59-10-1323 · Contribution to the Statewide Hunger Relief Fund
- 59-10-1402 · Definitions
- 59-10-1403 · Income tax treatment of a pass-through entity -- Returns…
- 59-10-1403.1 · Income tax treatment of a pass-through entity taxpayer…
- 59-10-1403.2 · Pass-through entity payment or withholding of tax on…
- 59-10-1403.3 · Refund of amounts paid or withheld for a pass-through…
- 59-10-1404 · Character of an item of income, gain, loss, deduction, or…
- 59-10-1404.5 · Resident pass-through entity taxpayer's share of an…
- 59-10-1405 · Nonresident pass-through entity taxpayer's share of an…