43-1332. Subtractions from Arizona gross
income; estates and trusts


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 a trust that is established as a medical savings account pursuant
to section 43-1028, income earned by the trust during the taxable year to the extent the
income is included in the trust's Arizona gross income.


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