{"data":{"id":"us-ut/utah-code-59-10-1404.5","jurisdiction":"us-ut","citation":"Utah Code § 59-10-1404.5","heading":"Resident pass-through entity taxpayer's share of an addition, subtraction, or adjustment that relates to an item of income, gain, loss, deduction, or credit of a pass-through entity.","body":"(1) In determining the taxable income of a resident pass-through entity taxpayer, an addition, subtraction, or adjustment that relates to an item of income, gain, loss, deduction, or credit of a pass-through entity shall be made in accordance with this section.\n(2) For a resident pass-through entity taxpayer of a pass-through entity except for a pass-through entity that is an S corporation, the resident pass-through entity taxpayer's share of an addition, subtraction, or adjustment that relates to an item of income, gain, loss, deduction, or credit is:\n(a) if the item of income, gain, loss, deduction, or credit is required to be taken into account separately for federal income tax purposes, the resident pass-through entity taxpayer's distributive share of the item of income, gain, loss, deduction, or credit:\n(i) for federal income tax purposes; and\n(ii) determined under Section 704 et seq., Internal Revenue Code; or\n(b) if the item of income, gain, loss, deduction, or credit is not required to be taken into account separately for federal income tax purposes, determined in accordance with the resident pass-through entity taxpayer's distributive share of income, gain, loss, deduction, or credit:\n(i) relating to the pass-through entity generally;\n(ii) for federal income tax purposes; and\n(iii) under Section 704 et seq., Internal Revenue Code.\n(3) For a resident pass-through entity taxpayer of a pass-through entity that is an S corporation, the resident pass-through entity taxpayer's share of an addition, subtraction, or adjustment that relates to an item of income, gain, loss, deduction, or credit is:\n(a) if the item of income, gain, loss, deduction, or credit is required to be taken into account separately for federal income tax purposes, the resident pass-through entity taxpayer's pro rata share of the item of income, gain, loss, deduction, or credit:\n(i) for federal income tax purposes; and\n(ii) determined under Section 1366 et seq., Internal Revenue Code; or\n(b) if the item of income, gain, loss, deduction, or credit is not required to be taken into account separately for federal income tax purposes, determined in accordance with the resident pass-through entity taxpayer's pro rata share of the item of income, gain, loss, deduction, or credit:\n(i) relating to the pass-through entity generally;\n(ii) for federal income tax purposes; and\n(iii) under Section 1366 et seq., Internal Revenue Code.","path":["Title 59 Revenue and Taxation","Chapter 59-10 Individual Income Tax Act","Part 59-10-14 Pass-Through Entities and Pass-Through Entity Taxpayers Act"],"source_url":"https://le.utah.gov/xcode/Title59/Chapter10/59-10-S1404.5.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"6bc60cbddcd78c6c0e99e41b5eac7518ba32ca86944ccf7768f4371c9fda01b6","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-59-10-1404","next":"us-ut/utah-code-59-10-1405"},"notice":"GroundRules: Original legal text. Not legal advice."}