Section 59-10-1002.2 - Apportionment of tax credits(1) A nonresident individual or a part-year resident individual that claims a tax credit in accordance with Section 59-10-1017, 59-10-1018, 59-10-1019, 59-10-1022, 59-10-1023, 59-10-1024, 59-10-1028, 59-10-1042, 59-10-1043, 59-10-1044, 59-10-1046, or 59-10-1047 may only claim an apportioned amount of the tax credit equal to: (a) for a nonresident individual, the product of:(i) the state income tax percentage for the nonresident individual; and(ii) the amount of the tax credit that the nonresident individual would have been allowed to claim but for the apportionment requirements of this section; or(b) for a part-year resident individual, the product of:(i) the state income tax percentage for the part-year resident individual; and(ii) the amount of the tax credit that the part-year resident individual would have been allowed to claim but for the apportionment requirements of this section.(2) A nonresident estate or trust that claims a tax credit in accordance with Section 59-10-1017, 59-10-1020, 59-10-1022, 59-10-1024, or 59-10-1028 may only claim an apportioned amount of the tax credit equal to the product of: (a) the state income tax percentage for the nonresident estate or trust; and(b) the amount of the tax credit that the nonresident estate or trust would have been allowed to claim but for the apportionment requirements of this section.Amended by Chapter 462, 2023 General Session ,§ 1, eff. 1/1/2024.Amended by Chapter 460, 2023 General Session ,§ 3, eff. 5/3/2023,, retrospective operation for a taxable year beginning on or after January 1, 2023.Amended by Chapter 12, 2022 General Session ,§ 4, eff. 5/4/2022, retrospective operation to January 1, 2022.Amended by Chapter 428, 2021 General Session ,§ 1, eff. 5/5/2021, retrospective operation for a taxable year beginning on or after January 1, 2021.Amended by Chapter 68, 2021 General Session ,§ 1, eff. 5/5/2021, retrospective operation for a taxable year beginning on or after January 1, 2021.Amended by Chapter 263, 2016 General Session ,§ 4, eff. 1/1/2017.Amended by Chapter 302, 2011, 2011 General Session