Schedule Nd-1fa Instructions - 2003 printable pdf download

Schedule Nd-1fa Instructions - 2003

Correction to 2003 Schedule ND-1FA:

Calculation of tax under 3-year averaging method for elected farm income

There is an error in the 2003 Schedule ND-1FA, Calculation of tax under 3-year averaging

method for elected farm income. In the instruction to line 5 on the face of the schedule, there is

an incorrect line reference. The following shows where the error appears on the form and the

correction made to it—

Error: On the face of the 2003 Schedule ND-1FA, the second sentence on line 5 reads as

follows:

If you used Schedule ND-1FA to calculate your tax for 2002, enter amount from 2002

Schedule ND-1FA, line 5.

Correction: The second sentence should read as follows:

If you used Schedule ND-1FA to calculate your tax for 2002, enter amount from 2002

Schedule ND-1FA, line 11.

Important note: This error affects the calculation of the tax on the 2003 Schedule ND-1FA only

if a Schedule ND-1FA was used to calculate the tax for the 2002 tax year. Therefore, if

Schedule ND-1FA was not used to calculate the tax for the 2002 tax year, this error will not

have any effect on the tax calculation for the 2003 and subsequent tax years.

If Schedule ND-1FA is used to calculate the tax for 2002 and 2003, and a taxpayer has already

filed a 2003 North Dakota Form ND-1 using the incorrect version of Schedule ND-1FA, an

amended return must be filed for the 2003 tax year using the corrected Schedule ND-1FA.

Questions may be directed to—

Individual Income Tax Section

Phone:

701-328-1032

If hearing or speech impaired, call us through Relay ND at 1-800-366-6888)

E-mail:

individualtax@state.nd.us

Schedule Nd-1fa Instructions - 2003