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

A Schedule 165 EER is used to document a subtraction claimed by a partnership for the sale of new energy efficient residences. This document can be obtained from the website of the Arizona Department of Revenue.

Arizona Subtraction For Sale Of New Energy Efficient Residences Schedule 165 EER Step 1: If you are not filing for the calendar year printed on the form, enter the beginning and ending dates of your fiscal year.

Arizona Subtraction For Sale Of New Energy Efficient Residences Schedule 165 EER Step 2: In the first blank box, enter your partnership name as it appears on form 165.

Arizona Subtraction For Sale Of New Energy Efficient Residences Schedule 165 EER Step 3: In the second blank box, enter your employer identification number.

Arizona Subtraction For Sale Of New Energy Efficient Residences Schedule 165 EER Step 4: 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 Schedule 165 EER Step 5: 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 Schedule 165 EER Step 6: Subtract line 2 from line 1 and enter the resulting difference on line 3.

Arizona Subtraction For Sale Of New Energy Efficient Residences Schedule 165 EER Step 7: On line 4, enter the number of qualifying new energy efficient residences transferred to the partnership as the transferee during the taxable year.

Arizona Subtraction For Sale Of New Energy Efficient Residences Schedule 165 EER Step 8: Add lines 3 and 4 and enter the resulting sum on line 5.

Arizona Subtraction For Sale Of New Energy Efficient Residences Schedule 165 EER Step 9: Enter the qualifying sales price amount for all new energy efficient residences sold by the partnership during the taxable year on line 6 and 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. Subtract line 7 from line 6 and enter the resulting difference on line 8.

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