Utah § 59-10-1015 - Definitions -- Tax credit for live organ donation expenses -- Rulemaking authority.
Full text of Utah Utah Code § 59-10-1015 — Definitions -- Tax credit for live organ donation expenses -- Rulemaking authority., with citation guidance and answers to common questions.
§ 59-10-1015. Definitions -- Tax credit for live organ donation expenses -- Rulemaking authority.
59-10-1015.
Definitions -- Tax credit for live organ donation expenses -- Rulemaking authority.
(1)
As used in this section:
(a)
"human organ" means:
(i)
human bone marrow; or
(ii)
any part of a human:
(A)
intestine;
(B)
kidney;
(C)
liver;
(D)
lung; or
(E)
pancreas;
(b)
"live organ donation" means that an individual who is living donates one or more of that individual's human organs:
(i)
to another human; and
(ii)
to be transplanted:
(A)
using a medical procedure; and
(B)
to the body of the other human; and
(c)
(i)
"live organ donation expenses" means the total amount of expenses:
(A)
incurred by a claimant; and
(B)
that:
(I)
are not reimbursed to that claimant by any person;
(II)
are directly related to a live organ donation by:
(Aa)
the claimant; or
(Bb)
another individual that the claimant is allowed to claim as a dependent in accordance with Section 151, Internal Revenue Code; and
For taxable years beginning on or after January 1, 2005, a claimant may claim a nonrefundable tax credit:
(a)
as provided in this section;
(b)
against taxes otherwise due under this chapter;
(c)
for live organ donation expenses incurred during the taxable year for which the live organ donation occurs; and
(d)
in an amount equal to the lesser of:
(i)
the actual amount of the live organ donation expenses; or
(ii)
$10,000.
(3)
If the amount of a tax credit under this section exceeds a claimant's tax liability under this chapter for a taxable year, the amount of the tax credit that exceeds the claimant's tax liability may be carried forward for a period that does not exceed the next five taxable years.
Frequently Asked Questions About Utah § 59-10-1015
What does Utah Code § 59-10-1015 cover?
Section 59-10-1015 ("Definitions -- Tax credit for live organ donation expenses -- Rulemaking authority.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 59-10-1015?
A common citation format is "Utah Code § 59-10-1015" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 59-10-1015 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
