Form Mo-1040 And Mo-A Instructions - Missouri Department Of Revenue

Itemized Deductions: If you itemized on

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26 — R

INE

UBTOTAL

INES

AND

ESIDENT

your federal return, you may want to item-

Subtract Line 18 from Line 6. If less than

REDIT OR

ISSOURI

ize on your Missouri return or take the

zero, enter “0”. Do not enter a negative

NCOME

ERCENTAGE

standard deduction, whichever results in a

amount.

Note: A taxpayer filing as a resident who

higher deduction. If you were required to

paid taxes to another state or political sub-

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itemize on your federal return, you must

INE

NTERPRISE

ONE

division may take a credit for tax paid by

itemize on your Missouri return. To figure

NCOME OR

URAL

MPOWERMENT

using Form MO-CR. A taxpayer filing as a

your itemized deductions, complete the

ONE

ODIFICATION

nonresident may calculate their Missouri

Form MO-A, Part 2. Attach a copy of your

To claim the Enterprise Zone Income or Rural

income percentage by using the Form

federal return (pages 1 and 2) and Federal

Empowerment Zone Modification, you must

MO-NRI.

A Form MO-CR and a Form

Schedule A.

first receive notification of approval from the

MO-NRI may not be used by the same tax-

Department of Economic Development.

payer on Form MO-1040. (If filing a com-

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INES

AND

bined return, one spouse may use Form

Enterprise Zone Income Modification: If you

OTAL

UMBER OF

EPENDENTS

or your spouse have exempt income from a

MO-NRI and the other spouse may elect to

Do not include yourself or your spouse as

business facility located in an enterprise zone

use Form MO-CR.) See Lines 25 and 26.

dependents.

that has been approved by the Department of

Visit for more infor-

Economic Development, enter one-half of the

mation and examples.

Line 15—Multiply by $1,200 the total

Missouri taxable income attributed to the new

number of dependents you claimed on

Attach a copy of your other state’s or poli-

business facility in the enterprise zone (refer

Line 6c of your federal return.

tical subdivision’s return.

to Form 4354) on Line 21.

Line 16—Multiply by $1,000 the total

Line 25—Missouri Resident(s) You should

Rural Empowerment Zone Modification: If

number of dependents you claimed on

take the resident credit (Form MO-CR) if:

you or your spouse have exempt income from

Line 15 that were age 65 or older by the

• you are a full-year Missouri resident;

a new business facility located within a rural

last day of the taxable year.

Do not

and

empowerment zone that has been approved

include dependents that receive state

• you paid income tax to other state(s)

by the Department of Economic Develop-

funding or Medicaid. Attach a copy of

or political subdivisions.

ment, enter the Missouri taxable income

your federal return (pages 1 and 2).

Line 26—Nonresident(s) You should deter-

attributed to a new business facility in a rural

mine your Missouri income percentage

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empowerment zone. Enter on Line 21.

INE

ONG

TERM

ARE

(Form MO-NRI) if:

For additional information on either modifi-

NSURANCE

EDUCTION

• you are a nonresident; and

cation, you can access the web site at

If you paid premiums for a qualified long-

• you had income from other state(s) or

or contact the De-

term care insurance in 2006, you may be

political subdivisions.

partment of Economic Development, Incen-

eligible for a deduction on your Missouri

tives Section, P.O. Box 118, Jefferson City,

The amount on Line 26 should be 100 per-

income tax return.

Qualified long-term

MO 65102-0118.

cent unless you use Form MO-NRI and

care insurance is defined as insurance cov-

determine a lesser percentage. If you do

erage for a period of at least 12 months for

not enter a percentage on Line 26, your tax

long-term care expenses should such care

will be based on all of your income, re-

become necessary because of chronic

IGURE

OUR

gardless of where it was earned.

health conditions and/or physical disabili-

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INE

ISSOURI

ties including cognitive impairment or the

Line 25 or 26—Part-year Resident(s) You

If your Missouri taxable income is less than

loss of functional capacity, thus rendering

may take either the resident credit or the

$9,000, use the tax table on the back of

an individual unable to care for themself

Missouri income percentage. Complete

Form MO-A, to locate your tax. If greater

without the help of another person.

both Forms MO-CR and MO-NRI and use

than $9,000, use the worksheet on the back

Complete the worksheet on below only if

the one that is to your advantage.

of Form MO-A to calculate the tax.

you paid premiums for a qualified long-

Attach a copy of your other state or politi-

term care insurance policy; and the policy

A separate tax must be computed for you

cal subdivision’s return.

is for at least 12 months coverage.

and your spouse.

-T

ORKSHEET FOR

ONG

ERM

ARE

NSURANCE

EDUCTION

A. Enter the amount paid for qualified long-term care insurance policy. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A) $___________

If you itemized on your federal return and your federal itemized deductions

included medical expenses, go to Line B. If not, skip to Line H.

B. Enter the amount from Federal Schedule A, Line 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B) $___________

C. Enter the amount from Federal Schedule A, Line 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C) $___________

D. Enter the amount of qualified long-term care included on Line C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D) $___________

E. Subtract Line D from Line C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E) $___________

F. Subtract Line E from Line B. If amount is less than zero, enter “0”. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F) $___________

G. Subtract Line F from Line A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . G) $___________

H. Multiply Line G (or Line A if you did not have to complete Lines B through

G) by 50 percent. Enter here and on Form MO-1040, Line 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .H) $___________

Attach a copy of your Federal Form 1040 (pages 1 and 2) and Federal Schedule A (if you itemized your deductions).