Arizona Form 140py - Part-Year Resident Personal Income Tax Return

Arizona Form 140PY

21. Credit for Investment in Qualified Small

338

Credit for Increased Excise Taxes Worksheet

Businesses

Check one

If you checked filing status 4 or 5, is the

22. Credit for Water Conservation Systems

339

Yes

amount on Form 140PY, page 1, line 14,

23. Credit for Donations to the Military

340

$25,000 or less?

Family Relief Fund

If you checked filing status 6 or 7, is the

24. Renewable Energy Production Tax

343

amount on Form 140PY, page 1, line 14,

Credit

$12,500 or less?

25. Solar Liquid Fuel Credit

344

If you checked no, STOP. You do not qualify for this

26. Credit for New Employment

345

credit.

If you checked yes, complete the rest of this

27. Additional Credit for Increased Research

346

worksheet.

Activities for Basic Research Payments

Enter the number of dependents you

28. Credit for Qualified Health Insurance

347

entered on Form 140PY, page 1, box

Plans

10, excluding persons listed on Page 2,

29. Credit for Contribution to Certified

348

line A3a. Also exclude any dependent

School Tuition Organization (for

that is not an Arizona resident.

amounts that exceed the allowable

2. Number of personal exemptions. If you

credit on AZ Form 323)

checked filing status 4, enter the number

Line 30 - Balance of Tax

2 here. If you checked filing status 5, 6,

or 7, enter the number 1 here.

Subtract lines 27 and 28 from line 26. If the sum of lines

27 and 28 is more than line 26, enter zero.

3. Add lines 1 and 2. Enter the total.

4. Multiply the number on line 3 by

Totaling Payments

$25. Enter the result.

5. Maximum credit.

Line 31 - Arizona Income Tax Withheld

$ 100

6. Enter the smaller of line 4 or line 5

Enter the Arizona income tax withheld as shown on Form(s) W-

here and also on Form 140PY, page

2 from your employer(s). Also enter the Arizona income tax

1, line 34.

withheld shown on your Form(s) 1099-R (distributions from

pensions, annuities, etc.). Attach the Form(s) W-2 and 1099 after

Note: The credit cannot exceed $100 per household. Do not

the last page of your return. Do not include income taxes

withheld by any other state.

claim this credit if someone else in your household has already

claimed $100 of the credit. If someone else in your household has

Line 32 - Arizona Estimated Tax Payments for

claimed less than $100, you may claim the credit as long as all

2013 and Amount Applied From 2012 Return

credit claims filed from your household do not exceed $100.

Use this line if you did one of the following:

Line 35 - Other Refundable Credits

Made estimated income tax payments to Arizona for 2013.

Enter the total of refundable credits you are claiming from

2. Applied any of your refund from your 2012 Arizona

any of the following:

return to 2013 estimated taxes for Arizona.



Form 308-I – Credit for Increased Research Activities -

Enter the total amount paid and/or applied to 2013 taxes.

Individuals

NOTE: If you made joint Arizona estimated payments for 2013,



Form 342 – Credit for Renewable Energy Industry

but are filing separate 2013 Arizona income tax returns, see



Form 349 – Credit for Qualified Facilities

Arizona Department of Revenue Income Tax Ruling ITR 02-3.



Form 350 – Credit for Airline Bankruptcy Payments

Line 33 - 2013 Arizona Extension Payment (Form

If you enter an amount on this line, be sure you check the

204)

box or boxes to show which credits you are claiming. Attach

Use this line to report the payment you sent with your

the credit form(s) to your return when you file.

extension request, or the electronic extension payment you

Credit for Increased Research Activities - Individuals

made using

(Form 308-I)

Line 34 - Increased Excise Tax Credit

A portion of this credit may be refundable. You may qualify

You may take this credit if you meet all of the following:

for the refundable increased research activities credit if you

You meet the income threshold for your filing status.

incurred qualified research expenses for research conducted

You are not claimed as a dependent by any other taxpayer.

in Arizona. For more information about this credit, and to

see whether you may claim a refund of this credit, see

3. You were not sentenced for at least 60 days of 2013 to a

Arizona Form 308-I.

county, state or federal prison.

You must attach a copy of your “Certificate of

If you are married filing a joint return, or a head of household,

Qualification” from the Arizona Commerce Authority, Form

you may take this credit if the amount on Form 140PY, page

301 and Form 308-I to your return to claim this credit. If

1, line 14, is $25,000 or less.

you are claiming a refund of the increased research activities

If you are single or married filing a separate return, you may

credit from Form 308-I, enter the amount from Form 308-I,

take this credit if the amount on Form 140PY, page 1, line 14,

Part IV, line 31, here.

is $12,500 or less.

To figure your credit, complete the following worksheet.

Arizona Form 140py - Part-Year Resident Personal Income Tax Return - 2013 Page 21

Related Articles

Related forms

Related Categories