Resident Personal Income Tax Booklet (Arizona Form 140) - 2013 Page 21
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56Arizona Form 140
Line 21 - Tax Amount
Table I
Married Filing Joint Return
Enter the tax from either Tax Table X or Y or the Optional
Column (a)
Column (b)
Tax Tables. If your taxable income is less than $50,000, use
Number of dependents you are claiming
Maximum
the Optional Tax Table. If your taxable income is $50,000 or
on Form 140, page 1, box 10 excluding
Income
more, use Tax Table X or Y.
persons listed on Page 2, line A3a.
x
Line 22 - Tax From Recapture of Credits From
0 or 1
$20,000
x
Arizona Form 301
2
$23,600
x
3
$27,300
Enter the amount of tax due from recapture of the credits
x
4 or more
$31,000
from Form 301, Part II, line 36.
Line 23 - Subtotal of Tax
Table II
Head of Household
Add lines 21 and 22.
Column (a)
Column (b)
e-file software will let you know if you are
Number of dependents you are claiming
Maximum
eligible and will figure the credit for you.
on Form 140, page 1, box 10 excluding
Income
persons listed on Page 2, line A3a.
Line 24 - Family Income Tax Credit
x
0 or 1
$20,000
x
You may take this credit if your income does not exceed the
2
$20,135
x
maximum income allowed for your filing status.
3
$23,800
x
4
$25,200
x
Complete Steps 1, 2, and 3 to see if you qualify for this
x
5 or more
$26,575
credit.
x
If you qualify to take this credit, complete Worksheet II
Table III
in Step 4.
Single or Married Filing Separate Return
Column (a)
Step 1
Column (b)
Number of dependents you are claiming
Maximum
Complete Worksheet I below.
on Form 140, page 1, box 10 excluding
Income
Worksheet I
persons listed on Page 2, line A3a.
x
1. Enter the amount from Form 140,
0 or more
$10,000
page 1, line 17.
2. Enter the amount from Form 140,
Step 4
page 2, line C17.
If you qualify to take the credit, complete Worksheet II.
3. Add lines 1 and 2. Enter the total.
Worksheet II
You must complete Steps 1 through 3
Step 2
before you complete Worksheet II.
Look at the following tables. Find your filing status.
1. Enter the number of dependents
x
Use Table I if married filing a joint return.
you entered on Form 140, page
x
1, box 10, excluding persons
Use Table II if head of household.
listed on Page 2, line A3a.
x
Use Table III if single or married filing a separate return.
2. Number of personal exemptions.
If you checked filing status 4,
Step 3
enter the number 2 here. If you
x
checked filing status 5, 6, or 7,
Look at column (a) labeled "number of dependents" and
enter the number 1 here.
find the number of dependents you are claiming (Form
3.
Add lines 1 and 2. Enter the total.
140, page 1, box 10 excluding persons listed on Page 2,
4. Multiply the amount on line 3 by
line A3a).
$40. Enter the result.
x
Find the maximum income [in column (b)] for the
5.
If you checked filing status 4 or 5,
number of dependents you are claiming.
enter $240 here. If you checked
x
Compare that income [the amount in column (b)] with the
filing status 6 or 7, enter $120
income listed in Step 1 on Worksheet I, line 3.
here.
6.
Family income tax credit. Enter the
If the amount entered in Step 1 on Worksheet I, line 3 is
lesser of line 4 or line 5. Also enter
equal to or less than the maximum income allowed for the
this amount on Form 140, page 1,
number of dependents you are claiming on Form 140, page
.
line 24
1, box 10, excluding persons listed on Page 2, line A3a, you
qualify to take this credit. To figure your credit, complete
NOTE: The family income tax credit will only reduce your
Step 4.
tax and cannot be refunded.
17
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