INSTRUCTIONS: ARIZONA CREDIT FOR EMPLOYMENT OF TANF RECIPIENTS (Form 320)

Corporations, S corporations, partnerships and individuals claim an Arizona credit for employment of TANF recipients by filing a form 320. This document can be obtained from the website of the Arizona Department of Revenue.

Arizona Credit For Employment Of TANF Recipients 320 Step 1: If not filing for the calendar year pre-printed on the form, enter the beginning and ending dates of your fiscal year.

Arizona Credit For Employment Of TANF Recipients 320 Step 2: Enter your name as it appears on form 140, 140PY, 140NR, 140X, 120, 120A, 120S, 120X or 165 and enter your Social Security number or employer identification number.

Arizona Credit For Employment Of TANF Recipients 320 Step 3: Part I concerns your business. Enter its name on line 1, its location on line 2 and its employer identification number on line 3.

Arizona Credit For Employment Of TANF Recipients 320 Step 4: Part II concerns your net increase in qualified employment positions. Complete lines 4 through 8 as instructed.

Arizona Credit For Employment Of TANF Recipients 320 Step 5: Part III concerns qualifying new employees. Complete lines 9 through 11 as instructed.

Arizona Credit For Employment Of TANF Recipients 320 Step 6: Part IV concerns calculation of credit for qualified employees. Complete lines 12 through 15 in the table provided as instructed.

Arizona Credit For Employment Of TANF Recipients 320 Step 7: Part V should only be completed by S corporations. Indicate whether you are claiming the credit or passing it through to shareholders with a check mark on line 16. If the latter, complete lines 17 through 19 separately to document each shareholder.

Arizona Credit For Employment Of TANF Recipients 320 Step 8: Enter your name and tax identification number at the top of the second page.

Arizona Credit For Employment Of TANF Recipients 320 Step 9: Part VI concerns each partner's share of the credit. If applicable, complete 20 through 22 for each partner.

Arizona Credit For Employment Of TANF Recipients 320 Step 10: Part VII concerns available credit carryover. Complete lines 23 through 28 as instructed.

Arizona Credit For Employment Of TANF Recipients 320 Step 11: Part VIII concerns your total available credit. Complete the calculations necessary to determine this on lines 29 through 31 as instructed.