Indiana It-40ez Individual Income Tax Booklet - 2013 Page 6

ADVERTISEMENT

Extension filing deadline.
Increase amounts of $0.50 or more to the next higher dollar.
State Form IT-9 extends your state filing time to June 16, 2014.
Example. $432.50 rounds up to $433.00.
Federal Form 4868 extends your state filing time to Nov. 17, 2014.
If you have both extensions (state and federal), your state filing
When not to fill in a line
time to file is Nov. 17, 2014.
If you do not have an entry for a particular line, leave it blank. Do not
use dashes, zeros or other symbols to indicate that you have no entry
Will you owe penalty and/or interest?
for that line.
Interest is owed on all amounts paid after April 15, 2014. See page 7
for instructions on how to figure interest.
Line 1 – Federal adjusted gross income
Enter your federal “adjusted gross income” from federal Form 1040EZ,
Penalty will not be owed if you have:
line 4.
By April 15, 2014, paid 90 percent of the tax you expect to owe,
Filed your tax return within the extension filing time, and
Line 2 – Deductions
Pay any remaining amount due with that filing.
Enter the amount from line 3 of the Indiana Deduction Worksheet,
which is located on the back of Form IT-40EZ.
Indiana’s Extension of Time to File, Form IT-9
Get Indiana’s extension Form IT-9, and mail it (including any payment
Line 4 – Exemptions
due) by April 15, 2014. You may get Form IT-9 online at
Enter $1,000 if filing a single return or $2,000 if filing a joint return.
You may also file for an extension (if
Note: You are always eligible to claim a full $1,000 personal exemption
making a payment) online at
(make sure to
on your Indiana IT-40EZ (even if your parents or someone else can
do this by April 15, 2014). Remember, you cannot file Form IT-40EZ
also claim you on their return).
if making an extension payment to Indiana. You must file Form IT-40.
Line 7 – County tax
Complete the County Tax Schedule, Form CT-40EZ, to figure your
Line-By-Line Instructions
tax. Go to page 8 for detailed county tax instructions.
Important: Complete your federal Form 1040EZ first.
Line 8 – Use tax due on out-of-state purchases
If you have purchased items while you were outside Indiana, through
Rounding required
the mail (for instance, by catalog or offer through the mail), through
Each line on which an amount can be entered has a “.00” already
radio or television advertising and/or over the Internet, these
filled-in. This is to remind you that rounding is required when
purchases may be subject to Indiana sales and use tax, if sales tax was
completing your tax return.
not paid at the time of purchase. This tax, called “use” tax, is figured at
7 percent. Complete the worksheet below to figure your tax.
You must round your amounts to the nearest whole dollar.
To do this, drop amounts of less than $0.50.
Example. $432.49 rounds down to $432.00.
Sales/Use Tax Worksheet
List all purchases made during 2013 from out-of-state retailers.
Column A
Column B
Column C
Description of personal property purchased from out-of-state retailer
Date of Purchase(s)
Purchase Price of
Property(s)
Magazine subscriptions:
Mail order purchases:
Internet purchases:
Other purchases:
1. Total purchase price of property subject to the sales/use tax: enter total of Columns C ............................................
1
2. Sales/use tax: Multiply line 1 by .07 (7%) ...................................................................................................................
2
3. Sales tax previously paid on the above items (up to 7% per item) .............................................................................
3
4. Total amount due: Subtract line 3 from line 2. Carry to Form IT-40EZ, line 8. If the amount is negative, enter zero
and put no entry on line 8 ..........................................................................................................................................
4
6

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial