Instructions For Form Mo-1040p - Property Tax Credit/ Pension Exemption Short Form - 2012 Page 18

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FORM MO-1040P
MISSOURI ITEMIZED DEDUCTIONS
• Complete this section only if you itemized deductions on your federal return. (See the information on pages 6 and 7.)
• Attach a copy of your Federal Form 1040 (pages 1 and 2) and Federal Schedule A.
00
1
1. Total federal itemized deductions from Federal Form 1040, Line 40
. . . . . . . . . . . . . . . . . . . . .
2. 2012 (FICA) — Yourself — Social security
00
$ ________________________ + Medicare $ ________________________
2
. . . . . . . . . . . .
3. 2012 (FICA) — Spouse — Social security
00
$ ________________________ + Medicare $ ________________________
3
. . . . . . . . . . . .
4. 2012 Railroad retirement tax — Yourself — (Tier I and Tier II)
00
$ ________________________ + Medicare $ ________________________
4
. . . . . . . . . . . .
5. 2012 Railroad retirement tax — Spouse — (Tier I and Tier II)
00
$ ________________________ + Medicare $ ________________________
5
. . . . . . . . . . . .
00
6. 2012 Self-employment tax — See instructions on page 11.
6
. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
7. TOTAL — Add Lines 1 through 6.
7
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
00
8. State and local income taxes — See instructions.
8
. . . . . . . . . . . . . . . . . .
00
9
9. Earnings taxes included in Line 8 — See instructions.
. . . . . . . . . . . . . .
00
10. Net state income taxes — Subtract Line 9 from Line 8.
10
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11. MISSOURI ITEMIZED DEDUCTIONS — Subtract Line 10 from Line 7.
00
Enter here and on Form MO-1040P, Line 8.
11
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
NOTE: IF LINE 11 IS LESS THAN YOUR FEDERAL STANDARD DEDUCTION, SEE INFORMATION ON PAGES 6 & 7.
2012 TAX TABLE
If Missouri taxable income from Form MO-1040P, Line 15, is less than $9,000, use the table to figure tax;
if more than $9,000, use worksheet below or use the online tax calculator at
If Line 15 is
If Line 15 is
If Line 15 is
If Line 15 is
If Line 15 is
If Line 15 is
But
But
But
But
But
But
At
Your
At
Your
At
Your
At
Your
At
Your
At
Your
less
less
less
less
less
less
least
than
tax is
least
than
tax is
least
than
tax is
least
than
tax is
least
than
tax is
least
than
tax is
0
100
$ 0
1,500
1,600
$ 26
3,000
3,100
$ 62
4,500
4,600
$ 1 09
6,000
6,100
$ 1 67
7,500
7,600
$ 2 38
100
200
2
1,600
1,700
28
3,100
3,200
65
4,600
4,700
113
6,100
6,200
172
7,600
7,700
243
200
300
4
1,700
1,800
30
3,200
3,300
68
4,700
4,800
116
6,200
6,300
176
7,700
7,800
248
300
400
5
1,800
1,900
32
3,300
3,400
71
4,800
4,900
120
6,300
6,400
181
7,800
7,900
253
400
500
7
1,900
2,000
34
3,400
3,500
74
4,900
5,000
123
6,400
6,500
185
7,900
8,000
258
8,000
8,100
263
500
600
8
2,000
2,100
36
3,500
3,600
77
5,000
5,100
127
6,500
6,600
190
8,100
8,200
268
600
700
10
2,100
2,200
39
3,600
3,700
80
5,100
5,200
131
6,600
6,700
194
8,200
8,300
274
700
800
11
2,200
2,300
41
3,700
3,800
83
5,200
5,300
135
6,700
6,800
199
8,300
8,400
279
800
900
13
2,300
2,400
44
3,800
3,900
86
5,300
5,400
139
6,800
6,900
203
8,400
8,500
285
900
1,000
14
2,400
2,500
46
3,900
4,000
89
5,400
5,500
143
6,900
7,000
208
1,000
1,100
16
2,500
2,600
49
4,000
4,100
92
5,500
5,600
147
7,000
7,100
213
8,500
8,600
290
1,100
1,200
18
2,600
2,700
51
4,100
4,200
95
5,600
5,700
151
7,100
7,200
218
8,600
8,700
296
1,200
1,300
20
2,700
2,800
54
4,200
4,300
99
5,700
5,800
155
7,200
7,300
223
8,700
8,800
301
1,300
1,400
22
2,800
2,900
56
4,300
4,400
102
5,800
5,900
159
7,300
7,400
228
8,800
8,900
307
1,400
1,500
24
2,900
3,000
59
4,400
4,500
106
5,900
6,000
163
7,400
7,500
233
8,900
9,000
312
Yourself/Spouse
Example
9,000
315
$ _______________
Missouri taxable income (Line 15) ....................
$ 12,000
If more than $9,000,
– $
9,000
– $ 9,000
Subtract $9,000 ..............................................
tax is $315 PLUS 6
Difference .......................................................
= $ _______________
= $ 3,000
percent of excess
Multiply by 6%.................................................
x
6%
x
6%
over $9,000.
Tax on income over $9,000 ............................
= $ _______________
= $
180
Round to nearest whole
Add $315 (tax on first $9,000) ........................
+ $
315
+ $
315
dollar and enter on
front of form, Line 16.
TOTAL MISSOURI TAX .................................
= $ _______________
= $
495
MO-1040P (12-2012)
18

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