335-S: Credit for Corporate Contributions to School Tuition Organizations – Distribution to Individual Shareholders (2025)
Arizona · Arizona DOR · Used for tax years 2025
Arizona Form 335-S reports an individual shareholder’s portion of an S corporation’s credit for contributions to school tuition organizations. It lists the school tuition organizations, credit approval numbers, total contributions, shareholder ownership percentage, and credit amo
Who files this form
S corporations distributing this credit to individual shareholders must complete a separate 2025 Form 335-S for each individual shareholder.
Individual shareholders use the information on Form 335-S to complete Form 335-I.
What you'll need
To complete Form 335-S, have:
- The S corporation’s name, employer identification number, and tax year information.
- The individual shareholder’s name, Social Security number, and ownership percentage.
- Each school tuition organization’s name and credit approval number.
- Form 335, Part 1, line 13, showing total contributions to school tuition organizations.
Individual shareholders need their copy of Form 335-S to complete Form 335-I.
How to file
For the S corporation:
- Complete Form 335-S for each individual shareholder.
- Enter total contributions from Form 335, Part 1, line 13, on line 11.
- Enter the shareholder’s ownership percentage on line 12.
- Multiply line 11 by line 12 and enter the shareholder’s credit amount on line 13.
- Include a copy with the corporation’s return, provide a copy to the shareholder, and keep one copy for the corporation’s records.
The shareholder enters the amount from line 13 on Form 335-I, Part 1, line 11.
The form does not provide a mailing address or e-filing instructions.
Common mistakes
- Claiming the credit in the wrong year. If you file on a calendar-year basis and the corporation files on a fiscal-year basis, claim the credit for the year in which the corporation’s fiscal year ends.
- Missing the deduction add-back. If you claim the credit and itemize deductions on federal Schedule A, the form says to add back the lesser of the amount on line 13 or the amount deducted on Arizona Schedule A.
- Forgetting copies. The corporation must include a copy with its return, give a copy to each individual shareholder, and keep a copy for its records.
Questions people ask
How is my share of the credit calculated?
Multiply the total contributions on line 11 by your ownership percentage on line 12. The result on line 13 is the credit available to you.
Where do I enter this credit as an individual shareholder?
Enter the amount from Form 335-S, line 13, on Form 335-I, Part 1, line 11.
What if the corporation’s tax year differs from my calendar tax year?
Claim the credit on your return for the year in which the corporation’s fiscal year ends. The form gives this example: if the corporation’s tax year ends in February 2025, claim the credit on your 2025 tax return.
Does the corporation complete one Form 335-S for all shareholders?
No. The form directs the corporation to complete a separate Form 335-S for each individual shareholder and provide that shareholder with a copy.