Subtractions from Arizona gross income; estates and trusts

A.R.S. § 43-1332 — under Adjustments to Arizona Gross Income.

A.R.S. § 43-1332

In computing Arizona taxable income of an estate or trust, the following shall be subtracted from Arizona gross income:

1. The estate or trust's share of the fiduciary adjustment to the extent that the amount determined pursuant to section 43-1333 decreases the estate or trust's Arizona gross income.

2. In the case of an estate, the amount of federal estate taxes paid in the current taxable year.