Arizona Form 140py - Part-Year Resident Personal Income Tax Return - 2013 Page 7
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29Arizona Form 140PY
2. The net operating loss included in your federal adjusted
amount you received while an Arizona resident from non-
gross income was incurred from non-Arizona sources
Arizona municipal bonds to your income on line C23.
while a nonresident.
Line B9 - Dividends
Enter the amount of net operating loss deduction included in
Enter all amounts received while an Arizona resident.
your federal adjusted gross income that was attributable to
You must also enter any dividends derived from Arizona
income taxed by Arizona. Do not include any amount of the
sources during the part of the year you were an Arizona
loss that has already been deducted for Arizona purposes.
nonresident. Dividend income from Arizona sources is
For information on deducting a net operating loss carryback in
dividend income that has acquired an Arizona business situs.
cases where you did not make an election under Internal
Line B10 - Arizona Income Tax Refunds
Revenue Code (IRC) § 172(b)(1)(H), see the department’s
Enter the amount of Arizona income tax refunds received in
Income Tax Procedure ITP 99-1. If you made an election under
2013 that you included in your federal adjusted gross income.
IRC § 172(b)(1)(H), see the instructions for line D35 “Other
Line B11 - Alimony Received
Subtractions From Income.”
Enter amounts received while an Arizona resident.
Line B16 - Total Income
Line B12 - Business Income or (Loss)
Add lines B7 through B15 and enter the total.
Enter any business or farm income or (loss) incurred while
Line B17 - Federal Adjustments
you were an Arizona resident.
If any of the following are included in adjustments shown on
Also enter income or (loss) derived from Arizona businesses
your federal return, make an entry on this line as explained
during the part of the year you were an Arizona nonresident.
below.
Line B13 - Gains or (Losses)
1. IRA: Enter the amount actually paid while an Arizona
resident for your IRA and/or your spouse's IRA.
Enter any gain or (loss) on property sold while an Arizona
resident if you included the amount as income on your 2013
2. Student loan interest: Enter the amount you paid while
federal return.
an Arizona resident.
Also enter gains or (losses) on sales of Arizona property during
3. Self-employed SEP, SIMPLE and qualified plans: Enter
the part of the year you were an Arizona nonresident.
the amount actually paid while an Arizona resident.
Line B14 - Rents, etc.
4. Self-employment tax: Enter that portion of the self-
employment tax that relates to self-employment income
Enter income received from rents, royalties, partnerships,
reportable to Arizona.
estates, trusts, small business corporations, etc., while an
Arizona resident.
5. Self-employed health insurance: Enter that amount of
self-employed health insurance that was actually paid
Also enter rents or royalties earned on Arizona properties
during the part of the year you were an Arizona nonresident.
while an Arizona resident.
Enter any income or (loss) derived from Arizona sources
6. Penalty on early withdrawal of savings: Multiply the
from partnerships, small business corporations, etc., during
federal deduction by the ratio of your Arizona interest to
the part of the year you were an Arizona nonresident.
your federal interest.
Line B15 - Other Income Reported on Your
7. Alimony: Enter the amount actually paid while an
Federal Return
Arizona resident.
Enter other income shown on your federal return that you
8. Moving expenses: Enter the amount of moving
received while an Arizona resident. Other income may include
expenses included in your federal adjusted gross income
pensions, social security, unemployment, and lottery winnings.
that you accrued and paid during the part of the year
Attach a schedule listing these other items.
you were an Arizona resident.
Also enter any other income derived from Arizona sources
NOTE: Do not enter any amounts for items 1 through 8
during the part of the year you were an Arizona nonresident.
above unless you deducted these items in computing your
Net Operating Losses
federal adjusted gross income.
Arizona does not have specific provisions for calculating the
If your federal return shows other adjustments to income,
net operating loss of an individual. Generally, the amount of
attach your own schedule to show your calculation.
net operating loss deduction included in your federal
Line B19 - Arizona Income
adjusted gross income is the amount allowable for Arizona
purposes. However, there are instances when the amount
Complete line B19 as instructed on the form.
allowable for Arizona purposes may be different.
Line B20 - Arizona Percentage
As a part-year resident, Arizona recognizes that portion of
Divide line B19 by line B18, and enter the result on line
the federal net operating loss which is attributable to income
B20. (Do not enter more than 100 percent.) This is the
taxed by Arizona as the Arizona net operating loss.
Arizona percentage of your total income.
As a part-year Arizona resident, include in Arizona gross
Example:
income the amount of federal net operating loss carry
Arizona
Federal
Arizona percentage
forward or carryback attributable to Arizona unless any of
Income from
Adjusted Gross
the following apply.
line B19
Income
from
1. The net operating loss attributable to Arizona included
line B18
in your federal adjusted gross income has already been
$ 7,500
$ 30,000
$7,500/30,000 = 25%
deducted for Arizona purposes.
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