Arizona Revised Statutes Title 43. Taxation of Income § 43-1412. Partner's distributive share

1. Gains and losses from sales or exchanges of capital assets computed pursuant to the internal revenue code.  1

2. Gains and losses from sales or exchanges of property described in § 1231 of the internal revenue code, relating to certain property used in a trade or business and involuntary conversions.

3. Dividends with respect to which there is provided an exclusion under § 116 or a deduction under subtitle A, chapter 1, subchapter B, part VIII of the internal revenue code.

4. Income taxes imposed by and paid to another state or country.

5. Additional first year depreciation computed pursuant to § 179 of the internal revenue code.

6. Recoveries of bad debts, prior taxes and delinquency amounts pursuant to § 111 of the internal revenue code.

7. Gains and losses from wagering transactions pursuant to § 165(d) of the internal revenue code.

8. Soil and water conservation expenditures pursuant to § 175 of the internal revenue code.

9. Nonbusiness expenses as described in § 212 of the internal revenue code.

10. Expenses for care of certain dependents pursuant to § 214 of the internal revenue code.

11. Payments pursuant to § 215 of the internal revenue code.

12. Amounts representing taxes and interest paid to cooperative housing corporations pursuant to § 216 of the internal revenue code.

13. Intangible drilling and development costs pursuant to § 263(c) of the internal revenue code.

14. Certain mining exploration expenditures pursuant to § 617 of the internal revenue code.

15. Income, gain or loss to the partnership under § 751(b) of the internal revenue code.

16. Any items of income, gain, loss or deduction subject to a special allocation under the partnership agreement which differs from the allocation of partnership taxable income or loss generally.

17. Arizona taxable income.