Arizona Form 140 - Resident Personal Income Tax Return

Form 140

A married couple who claims at least one dependent may take

If the amount on line 22 is less than $20, complete the

one personal exemption of $6,300. If the husband and wife file

following worksheet.

separate returns, either spouse may take the entire $6,300

Clean Elections Fund Tax Reduction Worksheet

exemption, or the spouses may divide the $6,300 between them.

1. Enter the amount of tax from Form 140,

You and your spouse must complete Form 202 if either you or

page 1, line 22.

your spouse claim a personal exemption of more than $3,150. If

2. If you checked box

1, enter $5. If a joint

you and your spouse do not complete Form 202, you may take

return and your spouse also checked box

an exemption of only $3,150 (one-half of the total $6,300).

2, enter $10.

If you are a married person who qualifies to file as a head of

3. Balance of tax eligible for tax reduction.

household, you may take the entire $6,300 personal exemption

Subtract line 2 from line 1. If less than

or you may divide the exemption with your spouse. You and

zero, enter zero “0”.

your spouse must complete Form 202 if either you or your

4. If you checked box

1, enter $5. If a joint

spouse claim a personal exemption of more than $3,150. If

return and your spouse also checked box

you and your spouse do not complete Form 202 you may take

2, enter $10.

an exemption of only $3,150 (one-half of the total $6,300).

5. Tax reduction. Enter the lesser of line 3 or

The spouse who claims more than one-half of the total

line 4. Also enter this amount on Form 140,

personal exemption must attach the original Form 202 to his

page 1, line 24.

or her return. The spouse who claims less than one-half of

NOTE: Amounts designated to the Clean Elections Fund

the total personal exemption must attach a copy of the

here do not qualify for the credit on line 29.

completed Form 202 to his or her return.

Line 25 - Reduced Tax

Line 19 - Taxable Income

Subtract line 24 from line 22. Enter the result.

Subtract lines 17 and 18 from line 16 and enter the result. Use

Line 26 - Family Income Tax Credit

this amount to calculate your tax using Tax Table X or Y or

the Optional Tax Tables.

e-File software will let you know if you are

Line 20 - Tax Amount

eligible and will figure the credit for you.

You may take this credit if your income does not exceed the

Enter the tax from either Tax Table X or Y or the Optional

maximum income allowed for your filing status.

Tax Tables. If your taxable income is less than $50,000, use



Complete steps 1, 2, and 3 to see if you qualify for this credit.

the Optional Tax Table. If your taxable income is $50,000 or



If you qualify to take this credit, complete Worksheet II

more, use Tax Table X or Y.

in step 4.

Line 21 - Tax From Recapture of Credits

Step 1

From Arizona Form 301

Complete Worksheet I below.

Enter the amount of tax due from recapture of the credits

Worksheet I

from Form 301, Part II, line 31.

1. Enter the amount from Form 140,

Line 22 - Subtotal of Tax

page 1, line 16.

Add lines 20 and 21.

2. Enter the amount from Form 140,

page 2, line C17.

Lines 23 and 24 - Clean Elections Fund

3. Add lines 1 and 2. Enter the result.

Tax Reduction

Step 2

You may designate $5 of your tax go to the Clean Elections

Fund and may also reduce your tax by up to $5. If you are

Look at the following tables. Find your filing status.



married filing a joint return, both you and your spouse may

Use Table I if married filing a joint return.

make this designation and also reduce your tax by up to $10.



Use Table II if head of household.



Single Taxpayers, Heads of Household, and Married

Use Table III if single or married filing a separate

Taxpayers Filing a Joint Return With Only One Spouse

return.

Making a Designation

Step 3

To make this designation, Check box

1 marked yourself.



Look at column (a) labeled "number of dependents" and find

If you checked box

1 and the amount on Form 140, page 1,

the number of dependents you are claiming (Form 140, page

line 22 is $10 or more, enter $5 on line 24. If the amount on

1, box 10 excluding persons listed on Page 2, line A3a).



line 22 is less than $10, complete the following worksheet.

Find the maximum income [in column (b)] for the

number of dependents you are claiming.

Married Taxpayers Filing a Joint Return With Both



Compare that income [the amount in column (b)] with the

Spouses Making a Designation

income listed in Step 1 on Worksheet I, line 3.

If both spouses want to make this designation, one spouse should

If the amount entered in step 1 on Worksheet I, line 3 is

check box

1, and the other spouse should check box

equal to or less than the maximum income allowed for the

If you checked both box

1 and box

2 and the amount on

number of dependents you are claiming on Form 140, page

Form 140, page 1, line 22 is $20 or more, enter $10 on line 24.

Arizona Form 140 - Resident Personal Income Tax Return - 2010 Page 16

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