Forms & Information - Utah Income TaxesUtah State Tax ... 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin with PART A - Taxpayer Information. Enter your name, taxpayer identification number (SSN or EIN), address, telephone number, and city/state/zip code.
3. Move to PART B - Qualified Purchases. List any machinery and equipment purchased, including the purchase date and price. Calculate the total purchases and multiply by 5% to find the total credit allowed.
4. Proceed to PART C - Qualified Expenditures. Document expenditures for rent, wages, supplies, tools, and utilities. Total these amounts and multiply by 20%, ensuring not to exceed $2,000.
5. In PART D - GOED Certification, ensure an authorized agent from the Governor's Office of Economic Development signs this section.
6. For PART E - Credit Calculation, add totals from PARTS B and C. Multiply your Utah tax by 40% and enter the smaller amount as your tax credit.
7. Finally, complete PART F - Credit Carryover if applicable, indicating any unused credits you wish to carry forward for up to three years.

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