Drake Tax – 2024 Form Availability and Tax Changes: Arizona
Article #: 20004
Last Updated: January 17, 2025
The following Arizona forms are supported in Drake Tax 2024. 
can be e-signed.
Note Dates shown below are estimates based on the most up-to-date information currently available to Drake Software.
We are committed to meeting or exceeding the delivery dates listed; however, there may be additional factors that could impact the final date. The chart will be updated as new information becomes available.
Chart key:
t Form is supported in the indicated return type.
P Form is available for e-file / paper file.
r Form is not supported for e-file / paper file.
MM/DD Estimated availability date.
The chart may not be displayed as expected on mobile devices.
| Form | Description | IND | CRP | SCRP | PTR | FID | TEX | e-File | Paper File |
|---|---|---|---|---|---|---|---|---|---|
| 120 | Corporation Income Tax Return | t | 01/24 | 01/24 | |||||
| 120/165ES | Corporation and Partnership Estimated Tax Payment | t | t | t | 01/24 | 01/24 | |||
| 120/165EXT | Application for Automatic Extension of Time to File Corporation, Partnership, and Exempt Organization Returns | t | t | t | t | 01/24 | 01/24 | ||
| 120/165EXT-E | Electronic Application for Automatic Extension of Time to File Corporation or Partnership Returns | t | t | t | 01/24 | 01/24 | |||
| 120/165V | Corporate or Partnership Income Tax Payment Voucher | t | t | t | 01/24 | 01/24 | |||
| 120/PTE-W | Estimated Tax Worksheet for Corporations & Pass-Through Entities | t | t | t | t | 01/24 | 01/24 | ||
| 120A | Corporation Income Tax Return (Short Form) | t | 01/24 | 01/24 | |||||
| 120S | S Corporation Income Tax Return | t | 01/24 | 01/24 | |||||
| 120X | Amended Corporation Income Tax Return | t | 01/24 | 01/24 | |||||
| 122 | Authorization and Consent of Subsidiary Corporation to be Included in a Consolidated Income Tax Return | t | 01/24 | 01/24 | |||||
| 131 | Claim for Refund on Behalf of Deceased Taxpayer | t | 01/24 | 01/24 | |||||
| 131-SBI | Claim for Refund on Behalf of Deceased Taxpayer for Forms SBI | t | 01/24 | 01/24 | |||||
| 140 | Resident Personal Income Tax Return | t | 01/24 | 01/24 | |||||
| 140A | Resident Personal Income Tax Return (Short Form) | t | 01/24 | 01/24 | |||||
| 140ES | Individual Estimated Income Tax Payment | t | 01/24 | 01/24 | |||||
| 140ES-SBI | Individual Estimated Income Tax Payment Small Business Income Tax return | t | 01/24 | 01/24 | |||||
| 140EZ | Resident Personal Income Tax Return (EZ Form) | t | 01/24 | 01/24 | |||||
| 140NR | Nonresident Personal Income Tax Return | t | 01/24 | 01/24 | |||||
| 140NR-SBI | Nonresident Small Business Income Tax Return | t | 01/24 | 01/24 | |||||
| 140PTC | Property Tax Refund (Credit) Claim | t | 01/24 | 01/24 | |||||
| 140PY | Part-Year Resident Personal Income Tax Return | t | 01/24 | 01/24 | |||||
| 140PY-SBI | Part-Year Resident Small Business Income Tax Return | t | 01/24 | 01/24 | |||||
| 140-SBI | Resident Small Business Income Tax Return | t | 01/24 | 01/24 | |||||
| 140X | Individual Amended Income Tax Return | t | 01/24 | 01/24 | |||||
| 140X-SBI | Small Business Amended Income Tax Return | t | 01/24 | 01/24 | |||||
| 141 AZ | Fiduciary Income Tax Return | t | 01/24 | 01/24 | |||||
| 141AZ ES | Estate or Trust Estimated Income Tax Payment | t | 01/24 | 01/24 | |||||
| 141AZ EXT | Application for Filing Extension for Fiduciary Returns Only | t | 01/24 | 01/24 | |||||
| 141AZ V | Estate or Trust Income Tax Payment Voucher | t | 01/24 | 01/24 | |||||
| 165 | Partnership Income Tax Return | t | 01/24 | 01/24 | |||||
| 200 | Request for Innocent Spouse Relief and Separation of Liability and Equitable Relief | t | 01/24 | 01/24 | |||||
| 201 | Renter’s Certificate of Property Taxes Paid | t | 01/24 | 01/24 | |||||
| 203 | Request for Injured Spouse Protection from Application of Joint Overpayment Against Spouse’s Delinquencies or Debts | t | 01/24 | 01/24 | |||||
| 204 | Application for Filing Extension | t | 01/24 | 01/24 | |||||
| 204-E | Application for Filing Extension | t | 01/24 | 01/24 | |||||
| 204E-SBI | Extension (Electronic) Payment for Small Business Income Tax Returns | t | 01/24 | 01/24 | |||||
| 204-SBI | Extension Payment for Small Business Income Tax Returns | t | 01/24 | 01/24 | |||||
| 220/PTE | Underpayment of Estimated Tax by Corporations & Pass-Through Entities | t | t | t | t | 01/24 | 01/24 | ||
| 221 | Underpayment of Estimated Tax by Individuals | t | 01/24 | 01/24 | |||||
| 221-SBI | Underpayment of Estimated Tax for Small Business | t | 01/24 | 01/24 | |||||
| 285 | General Disclosure/Representation Authorization Form | t | t | t | t | t | 01/24 | 01/24 | |
| 285-C | Disclosure Certification Form | t | t | t | t | 01/24 | 01/24 | ||
| 285-I | Individual Income Tax Disclosure/Representation Authorization Form | t | 01/24 | 01/24 | |||||
| 300 | Nonrefundable Corporate Tax Credits and Recapture | t | t | t | 01/24 | 01/24 | |||
| 301 | Nonrefundable Individual Tax Credits and Recapture | t | 01/24 | 01/24 | |||||
| 301-SBI | Nonrefundable Individual Tax Credits and Recapture for Small Business Income Tax returns | t | 01/24 | 01/24 | |||||
| 308 | Credit for Increased Research Activities | t | t | t | t | 01/24 | 01/24 | ||
| 308-I | Credit for Increased Research Activities – Individuals | t | 01/24 | 01/24 | |||||
| 308-P | Credit for Increased Research Activities – Distribution to Partners of a Partnership | t | 01/24 | 01/24 | |||||
| 308-S | Credit for Increased Research Activities – Distribution to Shareholders of an S Corporation | t | 01/24 | 01/24 | |||||
| 309 | Credit for Taxes Paid to Another State or Country | t | 01/24 | 01/24 | |||||
| 309-SBI | Credit for Taxes Paid to Another State or Country for Small Business Income Tax Returns | t | 01/24 | 01/24 | |||||
| 310 | Credit for Solar Energy Devices | t | 01/24 | 01/24 | |||||
| 312 | Agricultural Water Conservation System Credit | t | t | t | 01/24 | 01/24 | |||
| 312-P | Agricultural Water Conservation System Credit – Distribution to Partners | t | 01/24 | 01/24 | |||||
| 312-S | Agricultural Water Conservation System Credit – Distribution to Individual Shareholders of an S Corporation | t | 01/24 | 01/24 | |||||
| 321 | Credit for Contributions to Qualifying Charitable Organizations | t | 01/24 | 01/24 | |||||
| 322 | Credit for Contributions Made or Fees Paid to Public Schools | t | 01/24 | 01/24 | |||||
| 323 | Credit for Contributions to Private School Tuition Organizations | t | 01/24 | 01/24 | |||||
| 331 | Credit for Donation of School Site | t | t | t | t | t | 01/24 | 01/24 | |
| 331-P | Credit for Donation of School Site – Distribution to Partners of a Partnership | t | 01/24 | 01/24 | |||||
| 331-S | Credit for Donation of School Site – Distribution to Shareholders of an S Corporation | t | 01/24 | 01/24 | |||||
| 335 | Credit for Corporate Contributions to School Tuition Organizations | t | t | t | t | 01/24 | 01/24 | ||
| 335-I | Credit for Business Contributions by an S Corporation to School Tuition Organizations – Individual | t | 01/24 | 01/24 | |||||
| 335-P | Credit for Corporate Contributions to School Tuition Organizations – Distribution to Corporate Partners of a Partnership | t | 01/24 | 01/24 | |||||
| 335-S | Credit for Corporate Contributions to School Tuition Organizations – Distribution to Individual Shareholders of an S Corporation | t | 01/24 | 01/24 | |||||
| 338 | Credit for Investment in Qualified Small Businesses | t | t | t | 01/24 | 01/24 | |||
| 338-P | Credit for Investment in Qualified Small Businesses Distribution to Partners | t | 01/24 | 01/24 | |||||
| 338-S | Credit for Investment in Qualified Small Businesses Distribution to Shareholders | t | 01/24 | 01/24 | |||||
| 340 | Credit for Donations to the Military Family Relief Fund | t | 01/24 | 01/24 | |||||
| 348 | Credit for Contributions to Certified School Tuition Organization – Individuals | t | 01/24 | 01/24 | |||||
| 352 | Credit for Contributions to Qualifying Foster Care Charitable Organizations | t | 01/24 | 01/24 | |||||
| 355 | Credit for Entity-Level Income Tax Paid on Your Behalf | t | 01/24 | 01/24 | |||||
| 470 | Request for Copies of Fraudulent Returns | t | 01/24 | 01/24 | |||||
| 51 | Consolidated or Combined Return Affiliation Schedule | t | 01/24 | 01/24 | |||||
| 82104 | Senior Property Valuation Protection Option | t | 01/24 | 01/24 | |||||
| 99M | Nonprofit Medical Marijuana Dispensary Annual Information Return | t | t | t | t | t | r | 01/24 | |
| 99T | Exempt Organization Business Income Tax Return | t | r | 01/24 | |||||
| AZ-140V | Individual Income Tax Payment Voucher for Electronic Filing | t | 01/24 | 01/24 | |||||
| AZ-140V-SBI | Individual Income Tax Payment Voucher for Electronic Filing of Form 140-SBI | t | 01/24 | 01/24 | |||||
| AZ-8879 |
e-File Signature Authorization | t | 01/24 | 01/24 | |||||
| AZ-8879 SBI |
e-File Signature Authorization – Small Business Income Tax Return | t | 01/24 | 01/24 | |||||
| AZ-8879-C |
e-File Signature Authorization – Corporation | t | 01/24 | 01/24 | |||||
| AZ-8879-F |
e-File Signature Authorization – Fiduciary | t | 01/24 | 01/24 | |||||
| AZ-8879-PE |
e-File Signature Authorization – Partnership | t | 01/24 | 01/24 | |||||
| AZ-8879-S |
e-File Signature Authorization – S Corporation | t | 01/24 | 01/24 | |||||
| Claim of Right | Claim of Right – Fiduciary | t | r | 01/24 | |||||
| Claim of Right | Claim of Right – Individual | t | r | 01/24 | |||||
| Claim of Right | Restoration of a Substantial Amount Held Under Claim of Right – Corporate | t | r | 01/24 | |||||
| Schedule A | Itemized Deduction Adjustments (Full-Year Residents) | t | 01/24 | 01/24 | |||||
| Schedule A (NR) | Itemized Deductions for Nonresidents | t | 01/24 | 01/24 | |||||
| Schedule A (PY) | Itemized Deductions Part-Year Residents | t | 01/24 | 01/24 | |||||
| Schedule A (PYN) | Itemized Deductions for Part-Year Residents who also had Arizona Source Income During the Period of the Year While a Nonresident | t | 01/24 | 01/24 | |||||
| Schedule ACA | Air Carrier Apportionment | t | t | t | t | 01/24 | 01/24 | ||
| Schedule D (165) | Partner Information | t | 01/24 | 01/24 | |||||
| Schedule DFE | Disallowed Federal Expenses for Marijuana Establishments | t | t | t | t | t | 01/24 | 01/24 | |
| Schedule K-1 (120S) | Resident and Part-Year Resident Shareholder’s Information Schedule | t | 01/24 | 01/24 | |||||
| Schedule K-1 (141AZ) | Resident or Part-Year Resident Beneficiary's Share of Fiduciary Adjustment | t | 01/24 | 01/24 | |||||
| Schedule K-1 (165) | Resident and Part-Year Resident Partner’s Share of Adjustment to Partnership Income | t | 01/24 | 01/24 | |||||
| Schedule K-1 (NR) (120S) | Nonresident Shareholder’s Share of Income and Deductions | t | 01/24 | 01/24 | |||||
| Schedule K-1 (NR) (141AZ) | Nonresident Beneficiary's Share of Income and Share of Fiduciary Adjustment | t | 01/24 | 01/24 | |||||
| Schedule K-1 (NR) (165) | Nonresident and Out-of-State Partner’s Share of Income and Deductions | t | 01/24 | 01/24 | |||||
| Schedule MSP | Multistate Service Provider Election and Computation | t | t | t | t | 01/24 | 01/24 |
Modified Forms
-
Credit limits for the following forms have been adjusted due to inflation:
-
Form 321, Credit for Contributions to Qualifying Charitable Organizations
-
Form 323, Credit for Contributions to Private School Tuition Organizations
-
Form 348, Credit for Contributions to Certified School Tuition Organizations – Individuals
-
Form 352, Credit for Contributions to Qualifying Foster Care Charitable Organizations
-
-
Form 140, Form 140PY, Form 140NR – Standard Deduction Increase of Charitable Contributions rate increased to 33%.
-
Forms 165 and 120S – Extension / Estimated Payment schedules have been updated and extension payments can now be made either online or with Form 120/165EXT. The check box "Check this box if this return is based on 52/53 week taxable has been added
-
Form 354, Affordable Housing Tax Credit – "Alternate allocation" check box has been added
-
Form 221, Underpayment of Estimated Tax for Individuals, and 221SB, Underpayment of Estimated Tax for Small Business Income – Interest rate beginning 1/1/2024 Ending 12/31/2024 increased to 8%. The following lines have bee renumbered:
-
Line 13 is renumbered as 13a, "Underpayment" and 13b, "Overpayment"
-
Line 15 is renumbered as 15a, "Underpayment" and 15b, "Overpayment"
-
-
Form 300/301/301-SBI, NonrefundableTax Credits and Recapture – Repealed and sunset credits have been removed and the lines have been renumbered
-
Form 308, Credit for Increased Research Activities – ASC calculation option has been added. Carryover lines have been updated.
Obsolete Form
Form 336, Credit for Solar Energy Devices - Commercial and Industrial Applications, has been retired for tax year 2024.
Tax Law Changes
-
Arizona has a flat tax. The tax rate for individual income is 2.5%. The tax rate for fiduciary is 2.5%. The tax rate for small business income (SBI) is 2.5%.
-
AZ 165 Schedule K-1, Resident and Part-Year Resident Partner’s Share of Adjustment to Partnership Income:
-
Gain or loss on the sale of virtual currency and non-fungible tokens (that are not excluded from AZ gross revenue) is now included on Form 165 Schedule K-1.
-
Gas fees or non-fungible token basis allowed as a subtraction (that is not included in the partnership’s virtual currency basis) is now included on Form 165 Schedule K-1.
-