335-P: Credit for Corporate Contributions to School Tuition Organizations – Distribution to Corporate Partners (2025)
Arizona · Arizona DOR · Used for tax years 2025
Arizona Form 335-P reports a corporate partner’s share of a partnership’s credit for contributions to school tuition organizations. It lists the organizations, credit approval numbers, total contributions, and the partner’s ownership percentage and portion of the credit.
Who files this form
For tax year 2025, partnerships distributing this credit to corporate partners must complete a separate Form 335-P for each corporate partner.
Corporate partners use Form 335-P to complete their Form 335 and must include a copy of the completed Form 335-P with it.
What you'll need
To complete Form 335-P, have:
- The partnership’s name and employer identification number.
- The corporate partner’s name, employer identification number, and ownership percentage.
- Each school tuition organization’s name and credit approval number.
- Total contributions to school tuition organizations from Form 335, Part 1, line 13.
How to file
For the partnership:
- Complete a separate Form 335-P for each corporate partner, including the identifying information and school tuition organization details.
- Enter total contributions from Form 335, Part 1, line 13 on Form 335-P, line 11.
- Enter the corporate partner’s ownership percentage on line 12.
- Multiply line 11 by line 12 and enter the result on line 13. This is the credit available to the corporate partner.
- Include a copy with the partnership’s return, provide a copy to the partner, and keep a copy for your records.
For the corporate partner, enter the line 13 amount on Form 335, Part 1, line 12. Include a copy of the completed Form 335-P with Form 335.
The form does not provide a mailing address or e-filing directions.
Common mistakes
- Do not overlook the income adjustment. The note on the form says line 13 is the corporate partner’s portion of the charitable deduction to be excluded. Add this amount back when calculating Arizona taxable income.
- Do not omit the required copies. The partnership must include a copy with its return, give one to the partner, and keep one for its records. The corporate partner must include a copy with Form 335.
- Do not use one Form 335-P for all corporate partners. The form directs partnerships to complete one for each corporate partner.
Questions people ask
What tax period does this version cover?
It covers calendar year 2025 or a fiscal year beginning in 2025.
How is the corporate partner’s credit calculated?
Multiply total contributions on line 11 by the corporate partner’s ownership percentage on line 12. Enter the result on line 13.
Where does the corporate partner report this credit?
Enter the Form 335-P, line 13 amount on Form 335, Part 1, line 12, and include a copy of the completed Form 335-P with Form 335.
Does line 13 also affect Arizona taxable income?
Yes. The form says line 13 is the corporate partner’s portion of the charitable deduction to be excluded. Add that amount back when calculating Arizona taxable income.