Instructions For Form Mo-1040p - Property Tax Credit/ Pension Exemption Short Form - 2012 Page 7

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*Note: If you filed a Federal Form
Attach a copy of your federal return
earnings taxes, or another state’s
1040EZ, and checked one or both
withholding. Attach a copy of all
(pages 1 and 2) and all Forms 1099,
boxes on Line 5, refer to the Federal
Forms W-2 and 1099. See Form W-2
1099-R, and W-2P.
Standard Deduction Worksheet for
Diagram on page 14.
l
11 — l
-t
C
Dependents.
If you did not check
InE
ong
ERm
ARE
l
19 — E
InE
stImAtEd
either box on Federal Form 1040EZ,
I
d
nsuRAnCE
EduCtIon
t
P
Ax
AymEnts
Line 5, enter $5,950 if single or
If you paid premiums for qualified
$11,900 if married.
Include any estimated tax payments
long-term care insurance in 2012,
Itemized Deductions: If you itemized
made during 2012 and any overpay-
you may be eligible for a deduction
on your federal return, you may want
ment applied from your 2011 Missouri
on your Missouri income tax return.
to itemize on your Missouri return or
return.
Qualified long-term care insurance is
take the standard deduction, which-
defined as insurance coverage for a
l
20 — P
InE
RoPERty
ever results in a higher deduction. If
period of at least 12 months for long-
t
C
you were required to itemize on your
Ax
REdIt
term care expenses should such care
federal return, you must itemize on
Complete Form MO-PTS to determine
become necessary because of a
your Missouri return. To figure your
the amount of your property tax credit.
chronic health condition or physical
itemized deductions, complete page
See Information to Complete Form
dis ability, including cognitive impair-
Attach a copy of your
18 or 22.
MO-PTS on pages 11-14.
ment or the loss of functional capacity,
federal return (pages 1 and 2) and
thus rendering an individual unable to
Federal Schedule A.
l
23 — A
InE
PPly
care for themselves without the help of
l
9 — d
o
n
InE
EPEndEnts
vERPAymEnt to
Ext
another person. Complete the work-
y
t
sheet below only if you paid premiums
Do not include yourself or your
EAR
s
AxEs
for a qualified long-term care in sur-
spouse as dependents.
You may apply any portion of your
ance policy and the policy is for at
Multiply the total number of depen-
refund to next year’s taxes.
least 12 months coverage.
dents you claimed on your federal
l
24 — t
F
InE
Rust
unds
return by $1,200. Only include de-
l
16 — m
t
InE
IssouRI
Ax
pen dents claimed on Federal Forms
You may donate part or all of
If your Missouri taxable income is less
1040A or 1040, Line 6c.
your overpaid amount or contribute
than $9,000, use the tax table on page
Attach a copy of your federal return
additional payments to any of the trust
18 or 22 to determine your tax. If your
(pages 1 and 2).
funds listed on Form MO-1040P and
Missouri taxable income is more than
any two additional funds.
$9,000, follow the example below the
l
10 — P
InE
EnsIon And
tax table to calculate the tax.
Additional Funds: If you choose to give
s
s
/s
oCIAl
ECuRIty
oCIAl
to any of the additional funds, enter
A separate tax must be computed for
s
d
/
ECuRIty
IsAbIlIty
the two-digit code (see next page) in
you and your spouse.
m
E
IlItARy
xEmPtIon
the spaces provided on Line 24. If
l
18 — m
InE
IssouRI
you want to give to more than two
If you or your spouse received a
W
additional funds, please sub mit a
IthholdIng
public, private, or military pension,
contribution directly to the fund. See
social security or social security
Include only Missouri withholding as
disability, complete page 17 or 21 to
shown on your Forms W-2, 1099, or
see how much of your pension may
for additional information.
1099-R. Do not include withhold-
be tax free.
ing for federal taxes, local taxes, city
Worksheet for Long-Term Care Insurance Deduction
A. Enter the amount paid for qualified long-term care insurance policy. ......................................... A) $_____________
If you itemized on your federal return and your federal itemized deductions
included medical expenses, go to Line B. If not, skip to H.
B. Enter the amount from Federal Schedule A, Line 4. ..................................................................... B) $_____________
C. Enter the amount from Federal Schedule A, Line 1. .................................................................... C) $_____________
D. Enter the amount of qualified long-term care included on Line C. .............................................. D) $_____________
E. Subtract Line D from Line C. ........................................................................................................ E) $_____________
F. Subtract Line E from Line B. If amount is less than zero, enter “0”. ............................................ F) $_____________
G. Subtract Line F from Line A. ........................................................................................................ G) $_____________
H. Enter Line G (or Line A if you did not have to complete
Lines B through G) on Form MO-1040P, Line 11
Attach a copy of your Federal Form 1040 (pages 1 and 2) and Federal Schedule A (if you itemized your deductions).
7

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