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Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.

Form 140-PTC is available only to full year, Arizona residents who were either 65 years or older, or were receiving Supplemental Security Income. To generate Form 140-PTC, choose File > Client Properties > Arizona tab and mark the Property Tax Credit checkbox . If information for the Property Tax Credit was entered in the prior year, any applicable information will proforma to the AZPTCr screen.

Supporting Attachments

When Form 140-PTC is present and the Homestead status is 2, Own, Proof of Payment and the Property Tax Statement are required to be attached to the return. Also, if the taxpayer qualifies for the credit because they are receiving Supplemental Security Income payments, the statement from the Social Security Administration is required. If you are electronically filing the Arizona return, you can attach these documents in PDF format by choosing Edit > Electronic Filing Attachments > Add, choose Arizona as the product, and choose the corresponding predefined attachment titles from the drop-down list.

Note: The electronic filing attachment title must be the predefined titles Property Taxes, Proof of Payment of Property Taxes and Statement of Title 16 SSI Payments in the drop-down list.

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