Instructions For Arizona Form 140a - Resident Personal Income Tax Return (Short Form) - 2014 Page 8
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13Arizona Form 140A
Find the maximum income [in column (b)] for the
Worksheet for 2014 Family Income Tax Credit
number of dependents you are claiming.
You must complete Steps 1 through 3 before you
Compare that income [the amount in column (b)] with
complete this Worksheet.
the income listed in Step 1.
1. Enter the number of dependents you
entered on Form 140A, page 1, box 10,
If the amount entered in Step 1 is equal to or less than the
excluding persons listed who did not
maximum income allowed for the number of dependents you
qualify as a dependent on your federal
are claiming on Form 140A, page 1, box 10, excluding
return.
persons listed who did not qualify as your dependent on your
2. Number of personal exemptions. If you
federal return, you qualify to take this credit.
checked filing status 4, enter the
number 2. If you checked filing status
To figure your credit, complete Step 4.
5, 6, or 7, enter the number 1.
Table I - Married Filing Joint
3. Add lines 1 and 2. Enter the total.
4. Multiply the number on line 3 by $40.
Column (a)
Column (b)
Enter the result.
Number
of
dependents
you
are
5. If you checked filing status 4 or 5, enter
claiming on Form 140A, page 1, box
Maximum
$240 here. If you checked filing status 6
10, excluding persons listed who did
Income
or 7, enter $120 here.
not qualify as a dependent on your
6. Family income tax credit.
Enter the
federal return.
lesser of line 4 or line 5. Also, enter this
0 or 1
$20,000
.
amount on Form 140A, page 1, line 22
2
$23,600
3
$27,300
Line 23 - Balance of Tax
4 or more
$31,000
Subtract line 22 from line 21. If line 22 is more than line 21,
enter zero.
Totaling Payments and Credits
Table II - Head of Household
Line 24 - Arizona Income Tax Withheld
Column (a)
Column (b)
Enter the Arizona income tax withheld shown on the Form(s)
Maximum
Number of dependents you are claiming
W-2 from your employer. Include the Form(s) W-2 after the
Income
on Form 140A, page 1, box 10,
last page of your return.
excluding persons listed who did not
qualify as a dependent on your federal
NOTE: You should receive your Form(s) W-2 no later than
return.
January 31. If you did not receive a Form W-2 or you think your
0 or 1
$20,000
Form W-2 is wrong, contact your employer.
2
$20,135
Line 25 - 2014 Arizona Extension Payment (Form
3
$23,800
204)
4
$25,200
5 or more
$26,575
Use this line to report the payment you sent with your
extension request or the electronic extension payment you
made using
Table III - Single or Married Filing Separate
Line 26 - Increased Excise Tax Credit
Column (a)
Column (b)
You may take this credit if you meet all of the following:
Maximum
1. You meet the income threshold for your filing status.
Number of dependents you are claiming
Income
on Form 140A, page 1, box 10,
2. You are not claimed as a dependent by any other
excluding persons listed who did not
taxpayer.
qualify as a dependent on your federal
3. You were not sentenced for at least 60 days of 2014 to a
return.
county, state, or federal prison.
0 or more
$10,000
If you are married filing a joint return, or a head of
household, you may take this credit if the amount on Form
Step 4
140A, line 12, is $25,000 or less. If you are single or married
If you qualify to take the credit, complete the following
filing a separate return, you may take this credit if the amount
worksheet.
on Form 140A, line 12, is $12,500 or less.
To figure your credit, complete the following worksheet. Do
not complete the following worksheet if you are claiming the
property tax credit on Arizona Form 140PTC. Use Form
140PTC to figure both the credit for increased excise taxes
and the property tax credit.
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