Arizona Form 141az - Arizona Fiduciary Income Tax Return

Arizona Form 141AZ

If you are sending a payment with this return, mail the return

original due date of the return until the date you pay the tax.

to:

This penalty cannot exceed a total of 10% of the unpaid tax.

Arizona Department of Revenue

Extension Underpayment Penalty

PO Box 52016

If you file your return under an extension, you must pay

Phoenix AZ 85072-2016

90% of the tax shown on your return by the return's original

When Should You File?

due date. If you do not pay this amount, we will charge you

a penalty. This penalty is ½ of 1% (.005) of the tax not paid

Your 2011 calendar year tax return is due no later than

for each 30-day period or fraction of a 30-day period. We

midnight, April 17, 2012. You have extra time to file and

charge this penalty from the original due date of the return

pay for 2011 because April 15, 2012, is a Sunday and April

until the date you pay the tax. This penalty cannot exceed

16, 2012, is a legal holiday in Washington, DC. You must

25% of the unpaid tax. If we charge you the extension

file a return made on a fiscal year basis by the 15th day of

underpayment penalty, we will not charge you the late

the fourth month following the close of the fiscal year. Your

payment penalty under A.R.S. § 42-1125(D).

original filing date must be the same for Arizona as it is for

federal purposes.

NOTE: If you are subject to two or more of the above

You may request an extension if you know you will not be

penalties, the total cannot exceed 25%.

able to file on time. An extension does not extend the time to

Interest

pay the income tax. Failure to pay at least 90% of the tax

due by the original due date will result in a penalty.

We charge interest on any tax not paid by the due date. We

Beginning April 18, Arizona charges interest on any unpaid

will charge you interest even if you have an extension. If

tax. The extension underpayment penalty is ½ of 1% (.005)

you have an extension, we will charge you interest from the

of the tax not paid for each 30-day period or fraction of a 30-

original due date until the date you pay the tax. The Arizona

day period. The extension underpayment penalty cannot

interest rate is the same as the federal rate.

exceed 25% of the unpaid tax.

Amended Returns

If you are filing an amended Form 141AZ, check the

NOTE:

Arizona will grant a five-month extension. For

amended return box on line 6. Complete the entire return,

more information, see Fiduciary Tax Ruling FTR 09-1.

correct the appropriate line(s) with the new information, and

To Get a Filing Extension, You Can Either:

recompute your tax liability.

On an attached schedule,

explain the reason(s) for the amendment(s) and identify the

Apply for a state extension (Form 141AZ EXT). To apply

line(s) and amount(s) being changed on the amended return.

for an automatic 5-month state extension, file Arizona Form

Also, attach a copy of the amended federal Form 1041.

141AZ EXT by April 17. See Form 141AZ EXT for details.

You do not have to attach a copy of the extension to your

NOTE: You must plainly mark an amended return

return when you file, but make sure that you check extension

"Amended" by checking the appropriate box on line 6. The

box 82E on page 1 of the return. If you must make a

period covered by this return must be the same accounting

payment, use Arizona Form 141AZ EXT.

period as covered by the original return. If you are amending

Use your federal extension - file your Arizona return by the

a prior year return, use Form 141AZ for that taxable year.

same due date. You do not have to attach a copy of the

extension to your return, but make sure that you check

Copy of Will or Trust Instrument

extension box 82E on page 1 of the return.

Does an Estate or Trust Have to Make Estimated

Upon the department's request, the fiduciary must submit a

Payments?

copy of the will or trust instrument when the estate's or trust's

gross income is $5,000 or more. The fiduciary must swear that

An estate or trust does not have to make estimated payments.

the will or trust instrument is a true and complete copy.

An estate or trust may elect to make Arizona estimated tax

payments on Arizona Form 141AZ ES.

Reporting Payments Made by a Trust or

What if You File or Pay Late?

Estate

If you file or pay late, we will charge you interest and

An estate or trust that paid salaries or wages may have to

penalties on the amount you owe. If the U.S. Post Office

report those payments to the department.

postmarks your 2011 calendar return by April 17, 2012, your

return will not be late. You may also use certain private

Request for Certificate of Payment of Taxes

delivery services designated by the IRS to meet the “timely

mailing as timely filed” rule.

IMPORTANT: Make requests for this income tax

Late Filing Penalty

certificate separately. Do not attach requests for the income

If you file late, we will charge you a late filing penalty. This

tax certificate to Form 141AZ. The department can issue

penalty is 4½% (.045) of the tax required to be shown on the

certificates only if required by the probate court.

return for each month or fraction of a month the return is late.

Mail requests to:

This penalty cannot exceed 25% of the tax found to be

remaining due.

Arizona Department of Revenue

Late Payment Penalty

Fiduciary Certificate Request

Box B-06

If you pay your tax late, we will charge you a late payment

1600 W. Monroe

penalty. This penalty is ½ of 1% (.005) of the amount

Phoenix, AZ 85007

shown as tax for each month or fraction of a month for

If an estate is in probate, the probate court may require a

which the failure continues. We charge this penalty from the

certificate from the department that shows no income tax is

Arizona Form 141az - Arizona Fiduciary Income Tax Return - 2011 Page 2

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