Instructions For Form 1-Nr/py - Massachusetts Nonresident Or Part-Year Resident Income Tax - 2006 Page 19
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2006 Form 1-NR/PY Instructions — Line by Line Instructions
◗ rental income and royalty income;
ing children/dependents. Failure to do so will delay
Line 49. Refund Amount
◗ alimony received (part-year residents only);
the processing of your return.
Subtract line 48 from line 47. Enter the result in
◗ illegal income; and
line 49. This is the amount of your refund.
Line 44. Senior Circuit Breaker
◗ any other income received taxable in Mass-
Note: Your state tax refund may be taxable on your
Credit
(part-year residents only)
achusetts from which Massachusetts tax will not
U.S. tax return if you deducted state income tax
be withheld.
Certain senior citizens in Massachusetts may be
paid as an itemized deduction on U.S. Schedule A.
eligible to claim a refundable credit on their state
Generally, the first payment must be filed on or be-
income taxes for the real estate taxes paid on the
fore April 15 of the taxable year. The estimated tax
Massachusetts residential property they own or
may be paid in full with the first payment voucher
You may elect to have your refund deposited di-
rent and which they occupy as their principal res-
or in four installments on or before April 15, June
rectly into your savings or checking account.
idence. The maximum credit allowed is $870 for
15, September 15 of the current taxable year and
Check with your financial institution to make sure
the tax year beginning January 1, 2006. If the credit
January 15 of the following year.
that it accepts direct deposit and verify the routing
due the taxpayer exceeds the amount of the total
If you wish to verify estimated tax payments that
transit number (RTN) of the issuing financial insti-
income tax payable for the year by the taxpayer,
have already been made, check the Estimated Tax
tution. If we are unable to honor your request for
the excess amount of the credit will be refunded to
Payment History Application at
a direct deposit, a paper check will be sent to you.
the taxpayer without interest. To determine if you
dor. You will need to know the PIN that appeared
qualify for this credit, refer to Schedule CB, Senior
on the back of your Form 1-NR/PY booklet or the
Circuit Breaker Credit and instructions. Schedule
amount of last year’s refund or balance due to ac-
CB is available on DOR’s website at
cess your account.
gov/dor or by calling (617) 887-MDOR, or toll-free
You may request your employer to withhold addi-
in Massachusetts 1-800-392-6089.
tional amounts from your salary on Form M-4,
If you qualify for this credit and you are a home-
Massachusetts Employee’s Withholding Exemption
owner, enter the amount from Schedule CB, Cir-
Certificate to cover the taxes on other income so
cuit Breaker Credit, line 20; if you are a renter,
that you do not have to file and pay estimated taxes.
The routing number of your financial institution
enter the amount from line 24. Be sure to com-
is nine digits and begins with 01 through 12 or 21
If 80% of the tax is not paid throughout the year
plete and enclose Schedule CB with your return.
through 32. The account number can be up to 17
through withholding and/or estimated payments,
characters (both numbers and letters). Omit hy-
Line 45. Payments Made with
a penalty may be imposed.
phens, spaces and special symbols. Enter the
Extension
number from left to right and leave any unused
Line 43. Earned Income Credit
If you filed an Application for Automatic Six-
boxes blank. You must enter the routing number
The earned income credit is a tax credit for certain
Month Extension of Time to File Massachusetts
and the account number in the spaces provided in
taxpayers who work and/or have earned income
Income Tax Return, Massachusetts Form M-4868,
line 49 if you are requesting direct deposit. Failure
under $38,348. Taxpayers who qualify for and
for 2006 on or before April 17, 2007, enter in line
to do so will result in your request for direct de-
claim the federal earned income credit are allowed
45 the amount you paid with Form M-4868. En-
posit being denied. See sample check for location
a refundable credit equal to 15% of the federal
close a copy of Massachusetts Form M-4868 with
of this information.
amount. If the credit due the taxpayer exceeds the
your return.
amount of the total income tax payable for the year
Note: Only one direct deposit is allowed per ac-
by the taxpayer, the excess amount of the credit
count number.
Refund Amount
will be refunded to the taxpayer without interest.
Enter in line 43a the federal earned income credit
Tax Due
Line 47. Overpayment
amount from your U.S. Form 1040, line 66a,
If line 39 is smaller than line 46, subtract line 39
1040A, line 40a; or 1040EZ, line 8a. Multiply this
Line 50. Tax Due
from line 46 and enter the amount in line 47. This
amount by .15 (15%) and enter the result in the
If line 39 is larger than line 46, subtract line 46
is the amount of your overpayment. If line 39 is
line provided. Nonresidents, multiply this amount
from line 39, and enter the result in line 50. This is
larger than line 46, skip to line 50. If line 39 and
by line 14g; part-year residents multiply this
the amount of tax you owe with your return. Pay in
line 46 are equal, enter “0” in line 49
amount by line 2. Enter the result in line 43. If you
full with your return. Make your check or money
choose to have the IRS compute your federal
Line 48. Amount of Overpayment
order payable to Commonwealth of Massachusetts
earned income credit, wait until the IRS notifies
You Want Applied to Your 2007
and write your Social Security number on the front
you of that amount before making an entry in line
of your check or money order in the lower left cor-
Massachusetts Estimated Taxes
43. If you have not received your earned income
ner. Complete and remove Form PV, Massachu-
credit amount as computed by the IRS by April 17,
Enter the amount of your 2006 overpayment you
setts Income Tax Payment Voucher, attached to the
2007, you may file Massachusetts Form M-4868,
wish to apply to your 2007 Massachusetts esti-
back of the envelope found in this booklet. En-
Application for Automatic Six-Month Extension of
mated taxes. Once an election is made to apply
close the check and Form PV with your return.
Time to File Massachusetts Income Tax Return. See
your overpayment to your 2007 estimated tax, it
Form PV must be included with your check to en-
page 3 for information about filing your extension
cannot be refunded later or applied to any addi-
sure proper crediting of your account. Be sure to
by telephone or via the Web. For more information
tional tax you may owe for 2006. The amount en-
use the light blue mailing label when mailing
about the federal earned income tax credit, see IRS
tered in this line can only be claimed as a credit on
Form 1-NR/PY with Form PV.
Publication 596, available at Be sure
your 2007 Massachusetts return.
to fill out Schedule DI, Dependent Information, if
you are claiming this credit for one or more qualify-
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