Arizona Form 140x - 6 Individual Amended Income Tax Return - 2016 Page 11
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12Arizona Form 140X
Example 2
Jane, a full year resident, received a Form 1099INT showing interest income of $1,500 after she filed her original 2016 return.
Jane is filing this amended return to report that interest income.
Jane’s original return, reported a federal adjusted gross income of $50,000, which included $2,500 of interest income.
Part 2
Jane would complete form 140X, page 2, Part 2(A) as follows:
(a)
(b)
(c)
(d)
Item
Original Amount Reported
Amount to Add or Subtract
Corrected Amount
Interest
$2,500
$1,500
$4,000
Income
Part 3
Because the interest income would be included in Jane’s federal adjusted gross income, Jane would complete Part 3 as follows:
Line 17, federal adjusted gross income increased by interest income reported on additional Form 1099INT.
Form 140X, page 1
When Jane completes page 1 of Form 140X, Jane would include this interest income in her federal adjusted gross income reported on
page 1, line 17.
On Jane’s original return, she reported a federal adjusted gross income of $50,000. On this amended return, Jane will report a federal
adjusted gross income $51,500 ($50,000 +$1,500).
Example 3
Sam, a full year resident, took a subtraction from income for Arizona state retirement income on his original 2016 return for $3,500.
Sam is filing this amended return to claim the allowable subtraction of $2,500.
Part 2
Sam would complete Part 2(A) as follows.
(a)
(b)
(c)
(d)
Item
Original Amount Reported
Amount to Add or Subtract
Corrected Amount
Subtraction
From
$3,500
($1,000)
$2,500
Income
Part 3
Sam would complete Part 3 as follows:
Line 21, subtractions from income decreased to reflect the allowable subtraction for Arizona state retirement claimed on original
return.
Form 140X, page 1
When Sam completes page 1 of Form 140X, Sam would enter $2,500 ($3,500 - $1,000) on line 21.
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