Utah § 59-10-1043 - Nonrefundable tax credit for military retirement.

Full text of Utah Utah Code § 59-10-1043 — Nonrefundable tax credit for military retirement., with citation guidance and answers to common questions.

§ 59-10-1043. Nonrefundable tax credit for military retirement.

Effective 3/23/2022
59-10-1043.  Nonrefundable tax credit for military retirement.
(1) As used in this section:
(a)
(i) "Military retirement pay" means retirement pay, including survivor benefits, that relates to service in the armed forces or the reserve components, as described in 10 U.S.C. Sec. 10101.
(ii) "Military retirement pay" does not include:
(A) Social Security income;
(B) 401(k) or IRA distributions; or
(C) income from other sources.
(b) "Survivor benefits" means the retired pay portion of the benefits described in 10 U.S.C. Secs. 1447 through 1455.
(2) Except as provided in Section 59-10-1002.2, a claimant who receives military retirement pay may claim a nonrefundable tax credit against taxes equal to the product of:
(a) the percentage listed in Subsection 59-10-104(2); and
(b) the amount of military retirement pay that is included in adjusted gross income on the claimant's federal income tax return for the taxable year.
(3) A claimant may not:
(a) carry forward or carry back the amount of a tax credit that exceeds the claimant's tax liability for the taxable year; or
(b) claim a tax credit under this section for a taxable year if a tax credit under Section 59-10-1019 is claimed on the claimant's return for the same taxable year.


Amended by Chapter 258, 2022 General Session

Source: official Utah text · Last verified 2026-08-27

Related Utah Legal Topics

Frequently Asked Questions About Utah § 59-10-1043

What does Utah Code § 59-10-1043 cover?

Section 59-10-1043 ("Nonrefundable tax credit for military retirement.") 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 § 59-10-1043?

A common citation format is "Utah Code § 59-10-1043" (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 § 59-10-1043 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.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.