Form Mo-1040 - Individual Income Tax Return - Long Form

To determine the husband’s percentage of

If your taxable social security benefit

the taxable social security benefits, take

reported on your federal return, includes

Helpful Hints

$31,000 x 61%, which equals $18,910. To

both social security and social security

• Wait to file your return until you get

determine the wife’s percentage of the taxable

disability benefits, report only the social

your Form SSA-1099. This is not the

social security benefits, take $31,000 x 39%,

security benefits on Line 4 and social

statement indicating what your

which equals $12,090. Report on the applic-

security disability benefits on Line 5.

benefits will be, but it is the actual

Form SSA-1099 received in January,

able line $18,910 for the husband and $12,090

2008 that states what your benefits

for the wife.

FORM MO-PTS

were for the entire 2007 year. See the

7 — T

INE

AXABLE

UBLIC

ENSION

diagram on page 35.

Include the taxable 2007 public pension

• If you are receiving railroad retirement

Information to Complete

for each spouse. This information can be

benefits, you should get two Form

found on:

RRB-1099s. Form RRB-1099-R shows

Property Tax Credit

• Federal Form 1040A— Line 12b

annuities and pensions and the Form

• Federal Form 1040—Line 16b

Schedule

RRB-1099 is your social security

Do not include any payments from private

equivalent railroad retirement

pensions, social security benefits or

benefits. Include the amount from

If you qualify for the Property Tax Credit

railroad retirement payments on this line.

Form RRB-1099 that states social

you must attach your Form MO-PTS to

(Exception: If you are 100 percent

security equivalent (usually Tier I

your Form MO-1040 and mail to: Missouri

disabled, you may consider railroad retire-

benefits) on Line 2.

Department of Revenue, P.O. Box 2800,

ment as taxable public pension.)

Jefferson City, MO 65105-2800.

3 — E

INE

XEMPT

NTEREST

RIVATE

ENSION

ALCULATION

Important: You must complete Form

AND

ENSION

NCOME

MO-1040, Line 1 through Line 37, before

2 — T

INE

AXABLE

OCIAL

Enter the amount of pensions, annuities,

you complete Form MO-PTS.

rental income, dividends, or exempt

ECURITY

ENEFITS

Note:

If your filing status on Form

interest income not included on Form

Include the taxable 2007 social security

MO-1040 is married filing combined, but

MO-PTS, Line 1. (Do not include amount

benefits. This information can be found on:

you and your spouse lived at different

of excludable costs of pensions or

• Federal Form 1040A—Line 14b

addresses the entire year, you may file a

annuities.) See below to determine the

• Federal Form 1040—Line 20b

separate Form MO-PTC. (Example: One

amount of your pension or exempt interest:

6 — T

INE

AXABLE

ENSION

spouse lives in a nursing home or residen-

• Forms 1099-R(s) or W-2P(s) — Total

Include the taxable 2007 pension received

tial care facility while the other spouse

amount before deductions not

remains in the home the entire year.) If

from private sources for each spouse. This

included on Form MO-1040, Line 6

filing a separate Form MO-PTC, you

information can be found on:

(Missouri adjusted gross income).

cannot take the $2,000 deduction on Line

• Federal Form 1040A— Lines 11b and 12b

• Form 1099-INT(s) — Total amount

7 and you cannot calculate your Property

• Federal Form 1040—Lines 15b and 16b.

not included on Form MO-1040,

Tax Credit on the Form MO-PTS.

Do not include any payments from public

Line 6 (Missouri adjusted gross in-

pensions, social security benefits, or

come). Include tax exempt interest

UALIFICATIONS

railroad retirement payments on this line.

from Form MO-A, Part 1, Line 7. If

Check the applicable box to indicate under

which qualification you are filing the Form

grants or long-term care benefits are

OCIAL

ECURITY OR

OCIAL

MO-PTS. You must check a qualification

made payable to the nursing facility

ECURITY

ISABILITY

ALCULATION

box to be eligible for the credit. Check only

do not include as income or rent.

4 — T

one box. Attach the appropriate documen-

INE

AXABLE

OCIAL

ECURITY

4 — R

INE

AILROAD

tation to verify your qualification. (The

ENEFITS

required documentation is listed behind

ETIREMENT

ENEFITS

If you are age 62 or older, include the

each qualification on Form MO-PTS.)

Enter railroad retirement benefits before

taxable 2007 social security benefits for each

deductions for medical premiums or with-

spouse. This information can be found on:

Helpful Hints

holdings of any kind from Form MO-A,

• Federal Form 1040A—Line 14b

• If you are legally married and living

Part 1, Line 9. (Attach a copy of your

• Federal Form 1040—Line 20b

together, you must file married filing

Form RRB-1099-R, if applicable.) (Do not

Taxable social security benefits must be

combined and include all household

include social security equivalent railroad

allocated by each spouse’s share of the

income.

retirement included on Line 2.)

benefits received for the year. Enter each

• Please use the social security number

spouse’s portion of the taxable social

5 — V

INE

ETERAN

ENEFITS

of the person filing the claim.

security on Line 4. See the example

Include your veteran payments and benefits

provided for Line 5 of the public pension

on Line 5. Veteran payments and benefits

2 — S

INE

OCIAL

ECURITY

ENEFITS

calculation for additional help.

include education or training allowances,

Enter the amount of nontaxable social

disability compensation, grants, and insur-

5 — T

INE

AXABLE

OCIAL

ECURITY

security benefits before any deductions

ance proceeds.

and/or amount of social security equivalent

ISABILITY

ENEFITS

railroad retirement benefits. See the follow-

Exceptions: If you are 100 percent dis-

Include the taxable 2007 social security

ing to determine nontaxable benefits:

abled as a result of military service, you

disability benefits for each spouse. This

• Federal Form 1040, Line 20a less

are not required to include your veteran

information can be found on:

Line 20b

payments and benefits. You must attach a

• Federal Form 1040A— Line 14b

• Federal Form 1040A, Line 14a less

letter from the Veterans Administration

• Federal Form 1040—Line 20b

Line 14b

that states that you are 100 percent dis-

Taxable social security disability benefits

• Form SSA-1099 and/or RRB-1099,

abled as a result of military service. To

must be allocated by each spouse’s share

Total Amount Before Deductions (if

request a copy of the letter call the Veterans

of the benefits received for the year. Enter

you did not include an amount on

Administration at (800) 827-1000.

each spouse’s portion of the taxable social

Federal Forms 1040 or 1040A)

If you are a surviving spouse and your

security disability on Line 5. See the

Lump sum distributions must be claimed

spouse was 100 percent disabled as a

example provided for Line 5 of the public

in the year in which they were received.

result of military service, all the veteran

pension calculation for additional help.

payments and benefits must be included.

Form Mo-1040 - Individual Income Tax Return - Long Form - 2007 Page 34

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