Form It 511 - Individual Income Tax 500 And 500ez Forms And General Instructions - 2012 Page 15
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27FORM 500 INSTRUCTIONS
(continued)
LINES 12a-c Enter itemized deductions from Federal Schedule
It costs the State of Georgia approximately $1 to print
A on Line 12a; enter adjustments for income taxes other than
mail and process each tax refund check. Last year, the
Georgia and investment interest expense for the production of
State of Georgia spent over 1 Million dollars processing
income exempt from Georgia tax on Line 12b. Subtract Line
tax refund checks. Please consider choosing Direct
12b from Line 12a; enter the total on Line 12c.
Deposit, which is free to the State of Georgia, or a Debit
Leave Lines 11a-c blank if you itemize deductions.
Card, which is also free, for your tax refund method.
When Federal itemized deductions are reduced because of
high income, the reduced amount should be used as the starting
Direct Deposit Option
point to compute Georgia itemized deductions.
Line 36a Check the appropriate box for the type of account.
If you itemize deductions on your Federal return, or if you are
Do not check more than one box. You must check the cor-
married filing separate and your spouse itemizes deductions,
rect box to ensure your direct deposit is accepted.
you must itemize deductions on your Georgia return. Include a
The routing number must be nine digits. The first two digits
copy of Federal Schedule A with your Georgia return.
must be 01 through 12 or 21 through 32. On the sample check
LINE 13 Subtract Line 11c or 12c from Line 10. If the amount
below, the routing number is 807100013. John Doe would use
is negative, fill in the circle next to the Line number.
that routing number unless their financial institution instructed
LINES 14a-c Multiply the number on Line 6c by $2,700; enter
them to use a different routing number for direct deposits.
the total on Line 14a. Multiply the number on Line 7a by $3,000;
enter the total on Line 14b. Add the amounts on Lines 14a and
Ask your financial institution for the correct routing number to
14b; enter the total on Line 14c.
enter on line 36a if:
•
LINE 15 Subtract Line 14c from Line 13 to determine your
The routing number on a deposit slip is different from the rout-
Georgia taxable income. If this amount is negative, fill in the
ing number on your checks.
circle next to the line number.
•
The deposit is to a savings account that does not allow you to
write checks or
LINE 16 Use the amount on Line 15 and the tax tables on
pages 20 through 22 to determine your tax liability.
•
Your checks state they are payable through a financial insti-
tution different from the one at which you have your checking
LINE 17 If you paid tax to more than one state, use the total of
account.
the other state’s income and the worksheet on page 15 to
calculate the Other State’s Tax Credit. You must complete
Schedule 2 and include a copy of the return filed with the other
state(s) with your Georgia return or the credit will not be allowed.
LINE 18 Subtract Line 17 from Line 16. If zero or less, enter
zero.
LINE 19 Enter Georgia income tax withheld from all W-2s and
1099s (where Georgia income tax was withheld). Include a
copy of these statements with your return or this amount will
not be allowed.
The account number can be up to 17 characters (both num-
bers and letters). Include hyphens, but omit spaces and spe-
LINE 20 Enter Georgia income tax withheld on G2-A, G2-LP,
cial symbols. Enter the number from left to right and leave any
and/or G2-RP. Include a copy of these statements with your
unused boxes blank. On the sample check above, the ac-
return or this amount will not be allowed.
count number is 978653421. Do not include the check num-
LINE 21 Enter estimated tax payments, including amounts
ber. On the sample check above, the check number is 5678.
credited from a previous return, and any payments made with
Form IT 560.
Reasons your direct deposit may be rejected – If any of the
LINE 22 Enter the total of Lines 19 and 20 and 21.
following apply, your direct deposit request will be rejected
and a check will be sent:
LINE 23 If Line 18 is more than Line 22, subtract Line 22 from
•
Any numbers or letters are crossed out or whited out.
Line 18 to calculate the balance due.
•
Your financial institution will not allow a joint refund to be
LINE 24 If Line 22 is more than Line 18, subtract Line 18 from
deposited to an individual account. The State of Georgia is not
Line 22 to calculate your overpayment.
responsible if a financial institution rejects a direct deposit.
LINE 25 Enter the amount you want credited to estimated tax.
•
You request a deposit of your refund to an account that is not
LINES 26 - 33 Enter donation amount (not less than $1).
in your name (such as your tax preparer’s own account).
LINE 34 Enter estimated tax penalty from Form 500 UET.
LINE 36b Select this box to opt-in to receive a Debit Card.
LINE 35 Add Lines 23 and 26 through 34 and enter the total
With the Georgia Department of Revenue Tax Refund Debit
amount due. Mail your return and payment along with Form
Card, your refund is faster, easier and more secure.
525 TV (see page 19) to the address on Form 500.
LINE 36c Select this box to receive a paper check in the
LINE 36 Subtract the sum of Lines 25 through 34 from Line
amount of the refund on Line 36.
24 and enter the amount to be refunded to you.
Page 13
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