Form It 511 - Individual Income Tax 500 And 500ez Forms And General Instructions - 2015 Page 17

ADVERTISEMENT

FORM 500 INSTRUCTIONS (continued)
Direct Deposit Option
LINE 13 Subtract Line 11c or 12c from Line 10.
LINES 14a-c Multiply the number on Line 6c by $2,700 for
Line 36a Check the appropriate box for the type of account.
filing status A or D or multiply by $3,700 for filing status B or
Do not check more than one box. You must check the cor-
C; enter the total on Line 14a. Multiply the number on Line
rect box to ensure your direct deposit is accepted. The routing
7a by $3,000; enter the total on Line 14b. Add the amounts
number must be nine digits. The first two digits must be 01
on Lines 14a and 14b; enter the total on Line 14c.
through 12 or 21 through 32. On the sample check below,
LINE 15 Subtract Line 14c from Line 13 to determine your
the routing number is 807100013. John Doe would use that
routing number unless their financial institution instructed them
Georgia taxable income.
to use a different routing number for direct deposits.
LINE 16 Use the amount on Line 15 and the tax tables on
pages 20 through 22 to determine your tax liability.
Ask your financial institution for the correct routing number
LINE 17 Enter the credits from Schedule 2. If you claim
to enter on line 36a if:
the other state(s) tax credit and if you paid tax to more than
The routing number on a deposit slip is different from the
one state, use the total of the other state’s income and the
routing number on your checks.
worksheet on page 15 to calculate the Other State’s Tax
The deposit is to a savings account that does not allow you
Credit. You must complete Schedule 2 and the IND-CR and
include a copy of the return filed with the other state(s) with
to write checks or
Your checks state they are payable through a financial insti-
your Georgia return or the credit will not be allowed.
tution different from the one at which you have your checking
LINE 18 Subtract Line 17 from Line 16. If zero or less, enter
account.
zero.
LINE 19 Enter Georgia income tax withheld from all W-2s
and 1099s (where Georgia income tax was withheld). Include
a copy of these statements with your return or this amount
will not be allowed.
LINE 20 Enter Georgia income tax withheld on G2-A, G2-FL,
G2-LP, and/or G2-RP. Include a copy of these statements
with your return or this amount will not be allowed.
LINE 21 Enter estimated tax payments, including amounts
credited from a previous return, and any payments made
The account number can be up to 17 characters (both
with Form IT 560.
numbers and letters). Include hyphens, but omit spaces
and special symbols. Enter the number from left to right
LINE 22 Enter the total of Lines 19 and 20 and 21.
and leave any unused boxes blank. On the sample check
LINE 23 If Line 18 is more than Line 22, subtract Line 22
above, the account number is 978653421. Do not include
from Line 18 to calculate the balance due.
the check number. On the sample check above, the check
LINE 24 If Line 22 is more than Line 18, subtract Line 18
number is 5678.
from Line 22 to calculate your overpayment.
Reasons your direct deposit may be rejected – If any of the
LINE 25 Enter the amount you want credited to next year's
following apply, your direct deposit request will be rejected
estimated tax.
and a check will be mailed:
LINES 26 - 33 Enter donation amount (not less than $1).
Any numbers or letters are crossed out or whited out.
LINE 34 Enter estimated tax penalty from Form 500 UET.
Your financial institution will not allow a joint refund to be
LINE 35 Add Lines 23 and 26 through 34 and enter the total
deposited to an individual account. The State of Georgia is
not responsible if a financial institution rejects a direct deposit.
amount due. Mail your return and payment along with Form
525 TV to the address on Form 500.
You request a deposit of your refund to an account that is
LINE 36 Subtract the sum of Lines 25 through 34 from Line
not in your name (such as your tax preparer’s own account).
24 and enter the amount to be refunded to you.
It costs the State of Georgia approximately $1 to print, mail,
and process each tax refund check. Last year, the State of
Georgia spent over 1 Million dollars processing tax refund
checks. Please consider choosing Direct Deposit, which
is free to the State of Georgia for your tax refund method.
Page 13

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial