Tc-40 Forms And Instructions - Individual Income Tax Page 17
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3115
TC-40A - Supplemental Schedule Instructions
TC-40A is used to enter fi ve categories of items affecting the
(55) Reimbursed Adoption Expenses Addback
individual income tax return:
(UC §59-10-114(1)(h))
• Part 1 - Additions to Income (added to federal income);
Enter any adoption expense deducted on your Utah return for
• Part 2 - Subtractions from Income (subtracted from federal
a tax year before 2008 for which you received in the current
income);
year a reimbursement from your insurance company, a public
• Part 3 - Apportionable Nonrefundable Credits (apportioned
welfare agency, a private charitable organization, or any other
for non or part-year residents);
source.
• Part 4 - Nonapportionable Nonrefundable Credits; and
(56) Child's Income Excluded from Parent's Return
• Part 5 - Refundable Credits.
(UC §59-10-114(1)(b))
A parent who reports a child's interest and dividends on their
Part 1 - Additions to Income
federal return must add any child's income excluded from
Enter the following additions to income that apply on TC-40A,
the parent's income to their Utah return. Use the following
Part 1 and attach it to your Utah return.
worksheet to calculate the add back.
On TC-40A, write the code and amount of each addition to
1. Enter the lesser of federal form 8814, line 4
income. Enter the sum of all additions to income on line 5 of your
or line 5
$_________
Utah TC-40. Each addition to income is explained below.
2. Federal amount not taxed
$
950
Codes for Additions to Income, TC-40A, Part 1
3. Subtract line 2 from line 1. If less than zero,
51 Lump Sum Distribution
enter "0." This is the addition to Utah income.
$_________
53 Medical Care Savings Account (MSA) Addback
54 Utah Educational Savings Plan (UESP) 529 Plan Addback
55 Reimbursed Adoption Expenses Addback
If income for more than one child is reported on the parent's
56 Child's Income Excluded from Parent's Return
return, complete the calculation above separately for each child
57 Municipal Bond Interest
using their respective federal form 8814. Total the amounts from
60 Untaxed Income of a Resident Trust
line 3 above for each child and enter the amount on TC-40A,
61 Untaxed Income of a Nonresident Trust
Part 1, using code 56.
69 Equitable Adjustments
(57) Municipal Bond Interest
(51) Lump Sum Distribution
(UC §59-10-114(1)(e))
(UC §59-10-114(1)(a))
Enter interest from certain bonds, notes and other evidences of
This addition to income only applies if you fi led form
indebtedness issued by non-federal government entities outside
4972 with your federal return.
Utah (commonly known as municipal bonds) if acquired on or
If you received a lump sum distribution and fi led federal form
after January 1, 2003. Do not enter interest earned on non-Utah
4972, enter the total of the amounts shown on Part II, line
municipal bonds if the issuing state (or political subdivision)
6 and on Part III, line 10. Keep a copy of form 4972 and any
does not impose an income tax on bonds issued by Utah, or
1099-R forms showing the distribution with your records.
the issuing state does not impose an income tax. See details
at incometax.utah.gov/additions/municipal-bond-interest.
Shared Distributions: If you shared a lump sum distribution with
others, enter the amount calculated by multiplying the amount on
(60) Untaxed Income of a Resident Trust
line 10 of IRS form 4972 by the distribution percentage shown
(UC §59-10-114(1)(f))
in box 9a on your form 1099-R, then adding the amount shown
Enter any distribution received by a Utah resident benefi ciary
on form 4972, Part II, line 6.
of a resident trust if the income was taxed at the trust level for
federal tax purposes, but was subtracted from Utah taxable
(53) Medical Care Savings Account (MSA) Addback
income.
(UC §59-10-114(1)(c))
An account holder who contributes to a MSA will receive a form
(61) Untaxed Income of a Nonresident Trust
TC-675M, Statement of Withholding for Utah Medical Savings
(UC §59-10-114(1)(g))
Account, from the account administrator. Enter the sum from
Enter any distribution received by a Utah resident benefi ciary
of a nonresident trust of undistributed distributable net income
TC-675M, lines 8 and 9 only up to the amount deducted or
realized by the trust on or after January 1, 2004, if the income
used in calculating the MSA credit on your current or previously
was taxed at the trust level for federal tax purposes, but not
fi led Utah tax return. Keep form TC-675M with your records.
taxed at the trust level by any state. Undistributed distributable
(54) Utah Educational Savings Plan (UESP) 529 Plan
net income is considered to be distributed from the most
Addback (UC §59-10-114(1)(d))
recently accumulated undistributed distributable net income.
If you withdrew an amount from a Utah Educational Savings
(69) Equitable Adjustments
Plan (UESP) 529 account but did not use it for qualifi ed higher
(UC §59-10-115(1))
education expenses and the withdrawal did not meet an
Enter any qualifi ed equitable adjustment needed to prevent
exception under IRC §529(c) or §530(d), enter that amount
receiving a double tax benefi t. Attach an explanation of any
to the extent the amount was deducted or used in calculating
equitable adjustment reported.
the UESP credit on your current or a previously fi led Utah tax
return. If you are a UESP account owner, you will receive form
TC-675H, Utah Educational Savings Plan Tax Statement for
Contributions, Withdrawals, and Transfers, from UESP. Keep
this form with your records. If you have any questions about
UESP accounts, call UESP at 801-321-7188 or 800-418-2551,
or visit .
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