Ariz. Rev. Stat. § 43-1332

Current through L. 2024, ch. 226

Section 43-1332 - Subtractions from Arizona gross income; estates and trusts

In computing Arizona taxable income of an estate or trust, the following shall be subtracted from Arizona gross income:

1. The estate or trust's share of the fiduciary adjustment to the extent that the amount determined pursuant to section 43-1333 decreases the estate or trust's Arizona gross income.

2. In the case of an estate, the amount of federal estate taxes paid in the current taxable year.

A.R.S. § 43-1332

Amended by L. 2014, ch. 245,s. 29, eff. 7/24/2014.