The total of all the refundable credits is listed on Line 38 of the State Return, the TC-40. These credits are broken out individually on the TC 40-A, Part 5. They are listed by code number, as shown in the description below.

Renewable Commercial Energy Systems- Code 39

This credit is for reasonable costs, including installation, of a commercial energy system that is an active solar system, a direct-use geothermal system, a geothermal heat-pump system, a hydro-energy system, or a passive solar system. Credit is also allowed for a commercial system that uses wind, geothermal electricity, or biomass equipment. Get form TC-40E, Renewable Residential and Commercial Energy Systems Tax Credits, from the Utah Geological Survey with their certification stamp, verifying the credit is approved and showing the amount of the approved credit. Keep this form and all related documents with your records.

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Targeted Business Tax Credit- Code 40

Note- You may not claim this credit the same year you claim the enterprise zone tax credit (nonapportionable nonrefundable credit, code 07) or the recycling market development zone tax credit (nonapportionable nonrefundable credit, code 10).

A credit is available to businesses providing a community investment project as defined in UC §§63M-1-501 through 63M-1-503. Get a certified copy of form TC-40TB, Targeted Business Tax Credit. Keep this form and all related documents with your records.

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Special Needs Adoption Credit – Code 41

You may claim a credit of $1,000 for each special needs child you adopt in Utah. This credit may only be claimed the year the court issues the adoption order. To claim this credit, the child must meet one of the following conditions: 1) be five years of age or older; 2) be under the age of 18 with a physical, emotional, or mental disability; or 3) be part of a sibling group (two or more persons) placed together for adoption.  There is no form for this credit.  Keep all related documents with your records.

Agricultural Off-highway Gas/Undyed Diesel Credit- Code 47

You may claim a credit of 24.5 cents per gallon for motor fuel and undyed diesel fuel bought in Utah to operate stationary farm engines and self-propelled farm machinery used solely for commercial nonhighway agricultural use if the fuel was taxed at the time it was bought. This does not include (but is not limited to) the following: golf courses, horse racing, boat operations, highway seeding, vehicles registered for highway use, hobbies, personal farming, etc.

Credit calculation: Gallons _______ x .245 = Credit _________

There is no form for this credit. Keep all related documents with your records.

Farm Operation Hand Tools Credit- code 48

This credit is for sales and use tax paid on hand tools purchased and used or consumed primarily and directly in a farming operation in Utah. The credit only applies if the purchase price of a tool is more than $250.

There is no form for this credit. Keep all related documents with your records.