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Form 140PY

Arizona did not adopt the federal provisions requiring a

Line 17 - Subtractions from Income

taxpayer to defer the OID deduction in cases where the

Enter the amount from page 2, line D36, of your return.

taxpayer federally deferred the DOI income under I.R.C. §

Line 18 - Arizona Adjusted Gross Income

108(i). For Arizona purposes, you were required to add the

amount of deferred DOI income to Arizona gross income on

Add lines 15 and 16, then subtract line 17 from the sum.

the return filed for the year in which you reacquired the debt

You may also complete the following worksheet to figure

instrument if the debt reacquisition occurred while you were an

your Arizona adjusted gross income.

Arizona resident, or if the DOI income was from an Arizona

Arizona Adjusted Gross Income Worksheet

source. If Arizona taxed the federally deferred DOI income for

2009 or 2010 on your 2009 or 2010 Arizona return, you may

1. Enter

the

amount

from Form

subtract the amount of OID that accrued during the taxable

140PY, page 1, line 15.

year with respect to that DOI income. On line D35, enter the

2. Enter

the

amount

from Form

amount of any OID related to that DOI income that was

140PY, page1, line 16.

deferred and not allowed to be deducted in computing your

federal adjusted gross income for 2011 under I.R.C. § 108(i).

3. Add line 1 to line 2. Enter the total.

W. Other Adjustments

4. Enter

the

amount

from Form

140PY, page 1, line 17.

Other special adjustments may be necessary. Call one of the

numbers listed on the back cover if any of the following apply.

5. Subtract the amount on line 4 from



You are a previously certified defense contractor that

the amount on line 3. Enter the total

here and also on Form 140PY, page

elected to amortize under Arizona Revised Statutes section

1, line 18.

43-1024.



You sold or disposed of property that was held for the

Figuring Your Arizona Tax

production of income and your basis was computed

under the Arizona Income Tax Act of 1954.

Line 19 - Itemized or Standard Deductions



You were an Arizona resident before December 31,

You must decide whether to take the standard deduction or

1975, and you are receiving IRA distributions from

to itemize your deductions. Your Arizona income tax will be

your IRA account to which you made contributions

less if you take the larger of your standard deduction or your

before December 31, 1975.

itemized deduction.



You were an Arizona resident before December 31,

When you e-File, the software completes

1975, and you are receiving distributions from your

the math for you.

qualified self-employment retirement plan to which you

made contributions before December 31, 1975.

Your Standard Deduction



You deferred exploration expenses determined under

Internal Revenue Code section 617 in a taxable year

Tax Tip: The standard deduction is not prorated.

ending before January 1, 1990, and you have not

If you take the standard deduction, check box

previously taken a subtraction for those expenses.

If your filing status is:

Your standard

Line D36 - Total Subtractions

deduction is:

Add lines D30 through D35. Enter the total here and on the



Single

$4,703

front of your return, line 17.



Married filing separate

$4,703

Line E37 - Last Name(s) Used in Prior



Married filing joint

$9,406

Years



Head of household

$9,406

Use line E37 if the last name that you are using on this

return is not the same as the last name you used on

Your Itemized Deductions

Arizona returns filed for the last 4 years. On line E37,

You may itemize deductions on your Arizona return even if

enter any other last name(s) that you used when filing

you do not itemize deductions on your federal return. The

your Arizona return during the last 4 years.

itemized deductions allowed for Arizona purposes are, with

Totaling Your Income

some exceptions, those itemized deductions that are

allowable under the Internal Revenue Code.

Line 14 - Federal Adjusted Gross Income

A part-year resident who has no Arizona source income

You must complete your federal return before completing

during the part of the year while an Arizona nonresident can

your Arizona return. You must complete a 2011 federal

deduct all of the following.

return to determine your federal adjusted gross income even

if not filing a federal return.

1. Those expenses incurred and paid during the part of the

year while an Arizona resident.

Arizona uses federal adjusted gross income as a starting

point to determine Arizona taxable income. Enter your

2. Arizona source itemized deductions incurred and paid

federal adjusted gross income from page 2, line B18.

during the period of nonresidency.

Line 15 - Arizona Income

Complete Arizona Form 140PY, Schedule A(PY), to

determine your Arizona itemized deductions.

Enter your Arizona income from page 2, line B19, of your return.

A part-year resident who also had Arizona source income

Line 16 - Additions to Income

during the part of the year while an Arizona nonresident can

Enter the amount from page 2, line C24, of your return.

deduct all of the following.

Instructions For Arizona Form 140py - Part-Year Resident Personal Income Tax Return - 2011 Page 15

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