INSTRUCTIONS: ARIZONA SUBTRACTION FOR SALE OF NEW ENERGY EFFICIENT RESIDENCES (Form 165 EER)

To document the sale of new energy efficient residences in Arizona, a form 165 EER should be used. This document can be obtained from the website maintained by the Arizona Department of Revenue.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 1: Enter the beginning and ending dates of your fiscal year if not filing for the calendar year printed on the form.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 2: Enter your partnership name as it appears on form 165 and your employer identification number.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 3: On line 1, enter the number of new energy efficient residences sold by the partnership during the taxable year.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 4: On line 2, enter the number of new energy efficient residences for which the partnership transferred the subtraction during the taxable year.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 5: Subtract line 2 from line 1. Enter the resulting difference on line 3.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 6: Enter the number of qualifying new energy efficient residences transferred to the partnership during the taxable year on line 4.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 7: Add lines 3 and 4. Enter the resulting sum on line 5.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 8: Enter the qualifying sales price amount for all new energy efficient residences sold by the partnership during the taxable year on line 6.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 9: Enter the qualifying sales price amount for all new energy efficient residences for which the partnership transferred the subtraction during the taxable year on line 7.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 10: Subtract line 7 from line 6. Enter the resulting difference on line 8.

Arizona Subtraction For Sale Of New Energy Efficient Residences 165 EER Step 11: Complete lines 9 and 10 as directed.