Arizona SBI Tax Return | Arizona Small Business Income Tax Return

[MaxRLC]

Has anyone experienced and/or familiar with the Arizona SBI Tax Return?

If a taxpayer elects to file the Arizona SBI Tax Return, they are required to file two returns; a regular tax return and the SBI Tax Return.   It's primarily for small businesses - with self-employment tax issues. 

What are the benefits of filing the Arizona SBI Tax Return?

What are the disadvantages of filing the Arizona SBIT Tax Return?

What issues should we be aware if electing this option (instead of just filing a regular Arizona 140 tax return)?

Thank you in advance for your replies!

[tagteam]

See the thread below.

Arizona SBI Tax Return | Arizona Small Business Income Tax Return - ADDITIONAL (intuit.com)