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Details:
• Base Phase out amount change
• Change in Exemptions Line11 (Form UT1040)
For tax year 2010 :- The Utah personal exemption is $2,738 multiplied by the number of exemptions claimed in box 2d.
For tax year 2011 :- The Utah personal exemption is $2,775 multiplied by the number of exemptions claimed in box 2d.
• Voluntary Contribution.
You may make a voluntary contribution to the canine body armor account
• Recycling Market Development Zone Credit
The Recycling Market Development Zone Credit was reinstated by the Legislature for qualifi ed machinery or equipment purchased or for other qualified expenditures made from July 1, 2010 through December 31, 2011.
• Combat Related Death Credit
This new credit applies to service members killed in or as a result of serving in a combat zone.
• Credit for Machinery and Equipment Used to Conduct
Research. This credit expired December 31, 2010. However, there is a carryover provision for excess credits from prior years.
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