59-10-1041. Nonrefundable tax credit for a donation to the Carson Smith Opportunity Scholarship Program.
(1) Except as provided in Subsection, a claimant, estate, or trust that makes a donation to the Carson Smith Opportunity Scholarship Program established in Sectionmay claim a nonrefundable tax credit equal to 100% of the amount stated on a tax credit certificate issued in accordance with Section. (3) 53E-7-402 53E-7-407
(2) The tax credit described in Subsectionmay be claimed for the taxable year indicated on the tax credit certificate issued in accordance with Section. (1) 53E-7-407
(3) A claimant, estate, or trust may not claim the tax credit described in Subsectionfor a donation to the extent the claimant, estate, or trust claims the donation as a deduction or credit against the claimant's, estate's, or trust's federal income taxes for any taxable year. (1)