Instructions For Form Mo-1040p - Property Tax Credit/ Pension Exemption Short Form - 2012 Page 4
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32A
I E
?
m
lIgIblE
Use this diagram to determine if you or your spouse are eligible to claim the
PROPERTY TAX CREDIT (CIRCUIT BREAKER)
START DIAGRAM BY CHOOSING BOX 1 OR BOX 2 AND FOLLOW TO CONCLUSION.
1
NO
RENTERS / PART-YEAR OWNERS -- If single, is your total household income $27,500 or less? If married filing combined, is your
total household income $29,500 or less? If you are a 100 percent service connected disabled veteran, do not include VA payments.
2
NO
OWNED AND OCCUPIED YOUR HOME THE ENTIRE YEAR -- If single, is your total household income
YES
N
OR
$30,000 or less? If married filing combined, is your total household income $34,000 or less? If you are a
100 percent service connected disabled veteran, do not include VA payments.
O
YES
T
NO
Did you pay real estate taxes or rent on the home you occupied?
RENTERS: If you rent from a facility that does not pay property taxes, you are not eligible for a Property Tax Credit.
E
YES
NO
L
Can you truthfully state that you do not employ illegal or unauthorized aliens?
I
YES
G
Were you or your
Are you or your spouse
Were you 60 years
Are you or your
spouse 65 years of age
100 percent disabled
of age or older as of
I
spouse 100 percent
or older as of De cem-
as a result of military
December 31, 2012,
disabled? If so,
B
ber 31, 2012, and were
service?
and did you receive
check Box C on
NO
NO
NO
NO
you or your spouse a
If so, check Box B on
sur viving spouse social
Form MO-PTS.
L
Missouri resident the
Form MO-PTS.
security benefits? If so,
entire 2012 calendar
check Box D on Form
E
year? If so, check Box A
MO-PTS.
on Form MO-PTS.
YES
YES
YES
YES
E L I G I B L E
Note: If you are not required to file a
Extension of Time to File. An auto-
TO OBTAIN FORMS
Mis souri return, but you received a
matic extension of time to file will be
• Go to
Form W-2 stating you had Missouri tax
granted until October 15, 2013.
individual/.
withheld, you must file your Missouri
If you receive an extension of time to file
return to get a refund of your Missouri
• To obtain federal forms you can go
your federal income tax return, you will
withholding. If you are not required
to the IRS web site at
automatically be granted an extension
to file a Missouri return and you do
of time to file your Missouri income tax
not anticipate an increase in income,
IMPORTANT FILING
return, provided you do not expect to
you may change your Form MO W-4
owe any additional Missouri income tax.
INFORMATION
to “exempt” so your em ployer will
Attach a copy of your federal extension
not withhold Missouri tax. If you are a
This information is for guidance only
(Federal Form 4868) with your Missouri
nonresident alien, go to our web site at
and does not state the complete law.
income tax return when you file.
individual/
F
R
IlIng
EquIREmEnts
If you expect to owe Missouri income
for in for mation.
tax, file Form MO-60 with your pay-
You do not have to file a Missouri
W
t
F
hEn
o
IlE
ment by the original due date of return.
return if you are not required to file a
The 2012 returns are due April 15, 2013.
federal return. If you are required to
Remember: An extension of time to
E
t
F
file a federal return, you may not have
xtEnsIon oF
ImE to
IlE
file does not extend the time to pay.
to file a Mis souri return if you:
You are not required to file an ex ten sion
A 5 percent addition to tax will apply
• are a resident and have less than
if you do not expect to owe additional
if the tax is not paid by the original
$1,200 of Missouri adjusted gross
income tax or if you anticipate receiv-
return’s due date.
income;
ing a refund.
• are a nonresident with less than
If you wish to file a Missouri extension,
$600 of Missouri income; or
and do not expect to owe Missouri in-
• have Missouri adjusted gross in come
come tax, you may file an extension
less than the amount of your stan-
by filing Form MO-60, Appli ca tion for
dard deduction plus the exemption
amount for your filing status.
4
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