Form Mo-A - Information To Complete Form Mo-A - Mo Department Of Revenue (Page 3 of 5) in pdf

forward and taken against any income on

13 — T

tions, must be subtracted to determine

INE

OTAL

UBTRACTIONS

Missouri itemized deductions.

the Missouri income tax return for a

Add Lines 7 through 12. Enter the total on

period of up to 20 years from the year of

Form MO-A, Part 1, Line 13 and on Form MO-

If your federal adjusted gross income from

the initial loss. Attach Federal Form

Federal Form 1040, Line 37, is greater than

1040, Line 4.

1045, Schedule A and B, and/or the

$159,950 ($79,975 for married filing

Note: Do not include income earned in other

calculation of your net operating loss

separate), skip Lines 8 and 9. Complete the

states on Line 13. Complete Form MO-NRI

carryback/carryforward.

Worksheet for Line 10 to determine the

(Missouri Income Percentage) or Form MO-CR

correct amount to subtract. If you do not

10. Condemnation of Property: If you

(Credit for Income Taxes Paid to Other States

complete the worksheet, your Missouri

included in your Federal Adjusted Gross

or Political Subdivisions). See Form MO-1040,

itemized deductions will be lower than they

Income any gain recognized pursuant to

Line 26 or Line 27.

should be, and you will pay too much tax.

Section 1033 of the IRC, arising from

compulsory or involuntary conversion of

For Lines 1 and 2 of the worksheet, you will

ART

property as a result of condemnation or

need your Federal Itemized Deduction

the imminence thereof, you may

Worksheet found on page A-10 of the

ISSOURI

TEMIZED

exclude that gain from Missouri tax.

Federal Schedule A instructions.

EDUCTIONS

Attach a copy of your Federal Form

9 — E

INE

ARNINGS

AXES

1040, Schedule D, and Federal Form

You cannot itemize your Missouri deduc-

If you entered an amount on Line 8 and you

4797.

tions if you took the standard deduction on

live or work in the Kansas City or St. Louis

your federal return. See Page 7, Line 14.

area, you may have included earnings taxes.

10 — E

INE

XEMPT

ONTRIBUTIONS

You must itemize your Missouri deductions

Include on Line 9 the amount of earnings

529 P

ADE TO A

UALIFIED

LAN

if you were required to itemize on your

taxes withheld shown on Form W-2(s). See

The state of Missouri allows a subtraction from

federal return.

Diagram 1, Page 44, Box 19.

federal adjusted gross income for the amount

1— F

11 — T

INE

EDERAL

TEMIZED

INE

OTAL

ISSOURI

of annual contributions made to the Missouri

EDUCTIONS

Savings for Tuition Program (MOST), the 529

TEMIZED

EDUCTIONS

Include your total federal itemized deduc-

plan administered by the Missouri Higher

If your total Missouri itemized deductions are

tions from Federal Form 1040, Line 40, and

Education Deposit Program, or any other quali-

less than your standard deduction (see Page 7,

any approved cultural contributions (literary,

Line 14), you should take the standard deduc-

fied 529 plan. The maximum annual exempt

musical, scholastic, or artistic) to a tax exempt

tion on Form MO-1040, Line 14, unless you

contribution is $8,000 for single individuals or

agency or institution that is operated on a not-

were required to itemize your federal deduc-

$16,000 for married couples filing a combined

for-profit basis. Cash contributions do not

tions.

return. If you are a participant claiming a

qualify. Contact the Department of Revenue

subtraction for a contribution made to the

at (573) 751-3505 to determine if your contri-

savings program, you must attach your state-

ART

bution qualifies.

ment provided by the program manager. The

ENSION AND

OCIAL

statement must be in the name of a plan partici-

3 — S

INES

AND

OCIAL

pant (account owner) claiming the subtraction.

ECURITY

OCIAL

ECURITY

(FICA)

ECURITY

11 — Q

INE

UALIFIED

EALTH

Social security tax is the amount in social

ISABILITY

XEMPTION

security tax withheld box on your Form

NSURANCE

REMIUMS

Enter the amount you paid for health

W-2(s). This amount cannot exceed $6,324.

If you are claiming a pension and/or social

insurance premiums. Do not include any

Medicare is the amount in the Medicare tax

security/social security disability exemption,

withheld box on your Form W-2(s). Enter

pre-tax premiums paid, any excluded from

you must attach a copy of your federal return

the total on Line 2. Repeat for your spouse

federal taxable income, or any long term

(pages 1 and 2), your form 1099-R(s), and/or

and enter the total on Line 3.

care insurance premiums. Use worksheet

SSA-1099(s). Failure to provide this informa-

on page 38 to determine your allowable

tion will result in your exemption being

5 — R

INES

AND

AILROAD

subtraction.

disallowed.

ETIREMENT

UBLIC

ENSION

ALCULATION

Include the amount of railroad retirement tax

12 — D

Public pensions are pensions received from

INE

EPRECIATION

withheld from your wages, Tier I and Tier II,

any federal, state, or local government. If

during 2008. This amount cannot exceed

DJUSTMENT

you have questions about whether your

$9,284. (Tier I maximum of $6,324 and Tier

If you purchased an asset between July 1,

pension is a public or a private pension,

II maximum of $2,960.) Enter the total on

2002, and June 30, 2003, and you elected to

contact your pension administrator.

Line 4. Repeat for your spouse and enter the

use the 30 percent depreciation on your

total on Line 5.

1 — M

INE

ISSOURI

DJUSTED

ROSS

federal return, you may be able to subtract a

If you have both FICA and railroad retire-

portion of the depreciation. Enter the addi-

NCOME

ESS

AXABLE

OCIAL

ment tax, the maximum deduction allowed

tional depreciation created by the Job Creation

ECURITY

ENEFITS

is the amount withheld as shown on the

and Worker Assistance Act previously added

Include your Missouri adjusted gross income

Form W-2(s) less, either the amount entered

back in prior years to the extent allowable by

from Form MO-1040, Line 6, less your

on Federal Form 1040, Line 65, or, if only

Section 143.121, (RSMo).

This amount is

taxable social security benefits. Your taxable

one employer, the amount refunded by the

computed by figuring the allowable deprecia-

social security benefits can be found on:

employer.

tion prior to the Job Creation and Worker

• Federal Form 1040A—Line 14b

Assistance Act less the depreciation taken on

6 — S

-E

• Federal Form 1040—Line 20b

INE

ELF

MPLOYMENT

your federal return. If you have previously

4 — T

Include as your self-employment tax the

INE

OTAL

OCIAL

ECURITY

taken an addition modification for a qualifying

amount from Federal Form 1040, Line 27.

ENEFITS

property, but have sold or disposed of the prop-

Include the total 2008 social security

8 — S

erty during the taxable year, check the box on

INE

TATE AND

benefits for each spouse. This information

Line 12 and take a subtraction for the amount

OCAL

NCOME

AXES

can be found on:

not previously recovered. More information

Include the amount of income taxes from

• Federal Form 1040A—Line 14a

and examples can be found on the depart-

Federal Form 1040, Schedule A, Line 5. Do

• Federal Form 1040—Line 20a

ment’s web site at

not include general sales taxes on Line 8.

5 — T

The amount you paid in state income taxes

INE

AXABLE

OCIAL

ECURITY

included in your federal itemized deduc-

ENEFITS

Include the taxable 2008 social security

Form Mo-A - Information To Complete Form Mo-A - Mo Department Of Revenue Page 3

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