Form Mo-1040p - Missouri Individual Income Tax Return And Property Tax Credit Claim/pension Exemption - 2014 Page 4

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A
I E
?
m
lIgIblE
Use this diagram to determine if you or your spouse are eligible to claim the
PROPERTY TAX CREDIT (CIRCUIT BREAKER)
START DIAGRAM BY CHOOSING BOX 1 OR BOX 2 AND FOLLOW TO CONCLUSION.
NO
RENTERS / PART-YEAR OWNERS -- If single, is your total household income $27,500 or less? If married filing combined, is your
1
total household income $29,500 or less? If you are a 100 percent service connected disabled veteran, do not include VA payments.
NO
OWNED AND OCCUPIED YOUR HOME THE ENTIRE YEAR -- If single, is your total household income
2
YES
N
OR
$30,000 or less? If married filing combined, is your total household income $34,000 or less? If you are a
100 percent service connected disabled veteran, do not include VA payments.
O
YES
T
NO
Did you pay real estate taxes or rent on the home you occupied?
RENTERS: If you rent from a facility that does not pay property taxes, you are not eligible for a Property Tax Credit.
E
YES
NO
L
Can you truthfully state that you do not employ illegal or unauthorized aliens?
I
YES
G
Were you or your
Are you or your spouse
Were you 60 years
Are you or your
spouse 65 years of age
of age or older as of
100 percent disabled
I
spouse 100 percent
or older as of De cem-
as a result of military
December 31, 2014,
disabled? If so,
B
ber 31, 2014, and were
and did you receive
service?
check Box C on
NO
NO
NO
NO
you or your spouse a
If so, check Box B on
sur viving spouse social
Form MO-PTS.
L
Missouri resident the
security benefits? If so,
Form MO-PTS.
entire 2014 calendar
check Box D on Form
E
year? If so, check Box A
MO-PTS.
on Form MO-PTS.
YES
YES
YES
YES
E L I G I B L E
• have Missouri adjusted gross in come
If you wish to file a Missouri extension,
TO OBTAIN FORMS
less than the amount of your stan-
and do not expect to owe Missouri
To use the Department’s form selector
dard deduction plus the exemption
income tax, you may file an extension
or to obtain specific tax forms, visit our
amount for your filing status.
by filing Form MO-60, Appli ca tion for
website at
Note: If you are not required to file a
Extension of Time to File. An auto matic
individual/.
Mis souri return, but you received a
extension of time to file will be granted
If you need to obtain federal forms, you
Form W-2 stating you had Missouri tax
until October 15, 2015.
can go to the IRS website at
withheld, you must file your Missouri
If you receive an extension of time to file
return to get a refund of your Missouri
your federal income tax return, you will
IMPORTANT FILING
withholding. If you are not required
automatically be granted an extension
to file a Missouri return and you do
INFORMATION
of time to file your Missouri income tax
not anticipate an increase in income,
return, provided you do not expect to
you may change your Form MO W-4
This information is for guidance only
owe any additional Missouri income tax.
to “exempt” so your em ployer will
and does not state the complete law.
Attach a copy of your federal extension
not withhold Missouri tax. If you are a
F
R
IlIng
EquIREmEnts
(Federal Form 4868) with your Missouri
nonresident alien, go to our website at
income tax return when you file.
You do not have to file a Missouri
individual/
return if you are not required to file a
for in for mation.
If you expect to owe Missouri income
federal return. If you are required to
tax, file Form MO-60 with your pay-
W
t
F
hEn
o
IlE
file a federal return, you may not have
ment by the original due date of return.
The 2014 returns are due April 15, 2015.
to file a Mis souri return if you:
Remember: An extension of time to
E
t
F
• are a resident and have less than
xtEnsIon oF
ImE to
IlE
file does not extend the time to pay.
$1,200 of Missouri adjusted gross
You are not required to file an ex ten sion
A 5 percent addition to tax will apply
income;
if you do not expect to owe additional
if the tax is not paid by the original
• are a nonresident with less than
income tax or if you anticipate receiv-
return’s due date.
$600 of Missouri income; or
ing a refund.
4

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