Resident Personal Income Tax Booklet (Arizona Form 140) - 2013 Page 17
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56Arizona Form 140
x
a qualified wood stove
Germany or any other Axis regime for racial, religious or
x
political reasons. If you are the first recipient of such
a qualified wood fireplace
distributions, enter the amount of the distributions that you
x
a gas fired fireplace and non-optional equipment
had to include in your federal adjusted gross income.
directly related to its operation.
You may also subtract items of income that are attributable to,
You may subtract up to $500 of the costs incurred for
derived from or related to assets that were stolen or hidden from
converting an existing fireplace on your property located in
or lost to you if you were persecuted by Nazi Germany or any
Arizona. When you figure your subtraction, do not include
other Axis regime for racial, religious or political reasons
taxes, interest, or other finance charges.
before, during or immediately after World War II. If you are the
A qualified wood stove or a qualified wood fireplace is a
first recipient of such income, enter the amount of income that
residential wood heater that was manufactured on or after
you had to include in your federal adjusted gross income.
July 1, 1990, or sold at retail on or after July 1, 1992. The
K. Installment Sale Income From Another State
residential wood heater must also meet the U.S. Environmental
Taxed by the Other State in a Prior Taxable Year
Protection Agency's
July 1990 particulate emissions
You may subtract income from an installment sale if both of
standards.
the following apply:
A qualified gas fired fireplace is any device that burns
1.
The income from the sale is subject to Arizona income tax
natural or liquefied petroleum gas as its fuel through a
in 2013; and
burner system that is permanently installed in the fireplace.
2.
You paid income tax to another state on that income in a
The conversion of an existing wood burning fireplace to
prior tax year.
noncombustible gas logs that are permanently installed in
Enter the amount of such income that you included in your
the fireplace also qualifies as a gas fired fireplace.
Arizona gross income for 2013.
G. Claim of Right Adjustment for Amounts Repaid
Do not enter any amount that is subject to tax by both Arizona
in Prior Taxable Years
and another state in 2013. In this case, you may be eligible for a
You must make an entry here if all of the following apply.
tax credit. See AZ Form 309 for details.
1. During a year prior to 2013 you were required to repay
L. Agricultural Crops Given to Arizona Charities
amounts held under a claim of right.
2. You computed your tax for that prior year under
Arizona law allows a subtraction for qualified crop gifts made
Arizona's claim of right provisions.
during 2013 to one or more charitable organizations. To take
this subtraction, all of the following must apply.
3. A net operating loss or capital loss was established due
to the repayment made in the prior year.
1. You must be engaged in the business of farming or
processing agricultural crops.
4. You are entitled to take that net operating loss or capital
loss carryover into account when computing your 2013
2. The crop must be grown in Arizona.
Arizona taxable income.
3. You made your gift to a charitable organization located
5. The amount of the loss carryover allowed to be taken
in Arizona that is exempt from Arizona income tax.
into account for Arizona purposes is more than the
The subtraction is the larger of the wholesale market price or
amount included in your federal income.
the most recent sale price for the contributed crop. The
Enter the amount by which the loss carryover allowed for
amount of the subtraction cannot include any amount
the taxable year under Arizona law is more than the amount
deducted pursuant to IRC § 170 with respect to crop
included in your federal adjusted gross income.
contribution that exceeds the cost of producing the
H. Certain Expenses Not Allowed for Federal Purposes
contributed crop. To determine if your crop gift qualifies for
You may subtract some expenses that you cannot deduct on
this subtraction, see the department’s Income Tax Procedure
your federal return when you claim certain federal tax credits.
ITP 12-1.
These federal tax credits include the following.
M.
Basis
Adjustment
for
Property
Sold
or
x
The federal work opportunity credit
Otherwise Disposed of During the Taxable Year
x
The empowerment zone employment credit
With respect to property that is sold or otherwise disposed of
x
The credit for employer-paid social security taxes on
during the taxable year by a taxpayer who has complied with
employee cash tips
the requirement to add back all depreciation with respect to
x
The Indian employment credit
that property on tax returns for all taxable years beginning
If you received any of the above federal tax credits for 2013,
from and after December 31, 1999, enter the amount of
enter the portion of wages or salaries you paid or incurred
depreciation that has been allowed pursuant to IRC § 167(a)
during the taxable year equal to the amount of those federal
to the extent that the amount has not already reduced
tax credits you received.
Arizona taxable income in the current or prior years. (Note:
I. Qualified State Tuition Program Distributions
The practical effect of this is to allow a subtraction for the
If you are a beneficiary of a qualified state tuition program,
difference in basis for any asset for which bonus
you may subtract some of the amount distributed from the
depreciation has been claimed on the federal return.)
program for qualified education expenses. Enter the amount
N. Contributions to 529 College Savings Plans
of the distribution that you had to include in your federal
adjusted gross income. A qualified state tuition program is a
You may subtract amounts you contribute to 529 college
program that meets the requirements of IRC § 529.
savings plans during the taxable year. You may subtract the
amount you contributed during the year up to a total of
J. Subtraction for World War II Victims
$2,000 ($4,000 for a married couple filing a joint return). If
You may subtract distributions made to you for your
you are married filing separate returns, either you or your
persecution or the persecution of your ancestors by Nazi
13
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