Instructions For Form Mo-Pts - Property Tax Credit printable pdf download

FORM MO-PTS

5 — V

See the following to deter mine nontax-

ine

eteran

enefits

able benefits:

Include your veteran payments and

Information to Complete

• Federal Form 1040, Line 20a less

benefits. Veteran payments and ben-

Line 20b

Form MO-PTS

efits include education or training

• Federal Form 1040A, Line 14a less

al low ances, disability compensation,

If you qualify for the Property Tax

Line 14b

grants, and insurance proceeds.

Credit you must attach your Form MO-

• F orms SSA-1099 and RRB-1099,

PTS to your Form MO-1040P and mail

Exceptions: If you are 100 percent

total amount before deductions (if

disabled as a result of military

to: Missouri Department of Revenue,

you did not include an amount

service, you are not required to

P.O. Box 2800, Jefferson City, MO

on Federal Forms 1040 or 1040A).

include your veteran payments and

65105-2800.

Lump sum distributions from the

benefits. You must attach a letter

Important: You must complete Form

Social Security Administration or other

from the Veterans Ad ministration

MO-1040P, Line 1 through Line 19,

agencies must be claimed in the year

that states that you are

100

before you complete Form MO-PTS.

in which they are received.

percent disabled as a result of mili-

Note: If your filing status on Form

tary service. To request a copy of

Helpful Hint

MO-1040P is married filing com-

the letter, call the Vet erans Ad min is-

bined, but you and your spouse lived at

Wait to file your return until you get

tration at (800) 827-1000.

your Form SSA-1099, received in Janu-

different addresses the entire year, you

If you are a surviving spouse and your

ary, 2012, that states what your benefits

may file a separate Form MO-PTC. Do

spouse was 100 percent disabled as

were for the entire 2011 year. See the

not include spouse name and social

a result of military service, all of the

sample Form SSA-1099 on page 10.

security number if you marked married

vet eran payments and benefits must

If you are receiving railroad retirement

filing separate.

be included.

benefits, you should get two Forms.

(Exam ple: One spouse lives in a nursing

Form RRB-1099-R shows annuities and

6 — p

ine

uBlic

ssistance

home or residential care facility while

pensions and the Form RRB-1099 is

Include the amount of public assis-

the other spouse remains in the home

your social security equivalent railroad

tance, supplemental security income

the entire year.) If filing a separate

retirement benefits. Include the amount

(SSI), child support, unemployment

Form MO-PTC, you cannot take the

from Form RRB-1099 that states social

security equivalent (usually Tier 1

compensation, and Tem porary As sis-

$2,000 or $4,000 deduction on Line 7

benefits) on Line 2.

tance payments re ceived by you

and you cannot calculate your Property

and your minor children. Tem porary

Tax Credit on the Form MO-PTS.

Assistance payments include Tem-

3 — e

ine

xempt

nterest

ualifications

porary Assistance for Needy Families

and

ension

ncome

Check the applicable box to indicate

(TANF) payments. In Mis s ouri, the

Enter the amount of pensions,

under which qualification you are

program is referred to as Temporary

an nuities, dividends, rental income, or

filing the Form MO-PTS. See “Am I

Assistance (TA). This includes any

exempt interest in come not included

payments received from the gov-

Eligible” chart on page 4. You must

on Form MO-PTS, Line 1 (do not

ernment. Do not include the value

check a qualification box to be eli-

include amount of excludable costs of

of commodity foods, food stamps,

gible for the credit. Check only one

pensions or annuities.) See the follow-

box. Attach the appropriate docu-

or heating and cooling assistance.

ing to determine the amount of your

mentation to verify your qualifica-

Helpful Hints

nontaxable pension or exempt interest:

tion. (The required documentation

• Forms 1099-R or W-2P— Total

is listed behind each qualification on

• S upplemental security income (SSI)

amount before deductions not

is paid by the Social Security Ad-

Form MO-PTS.)

included on Form MO-1040P, Line

min is tration. You have to request

Helpful Hints

4 (Missouri ad justed gross income).

an SSI form indicating total benefits

received from your local social se-

• Forms 1099-INT— Total amount not

• I f you are legally married and

curity office. The form should be

included on Form MO-1040P, Line

living together at any time during

stamped or signed by the Social

the year, you must file married filing

4 (Missouri ad justed gross income).

Security Ad min is tra tion. If you have

combined and include all household

If grants or long-term care benefits are

minor children who receive SSI ben-

income.

made payable to the nursing facility, do

efits, the children do not qualify for

• P lease use the social security number

not include as income or rent.

a credit. However, if you qualify for

of the person filing the claim.

a credit, you must include the chil-

4 — r

ine

ailroad

dren’s SSI benefits on Line 6.

etirement

enefits

2 — s

• If you receive temporary assistance

ine

ocial

ecurity

from the Children’s Division (CD) or

Form MO-1040P does not have pro-

enefits

the Family Support Division (FSD),

visions for subtracting railroad retire-

Enter the amount of nontaxable social

you must include all cash benefits

ment benefits from federal adjusted

security benefits you and your minor

received for your entire household.

gross income. If you have railroad

children received before any deduc-

The Department of Revenue verifies

retirement benefits, you must file Form

this information and failure to include

tions and the amount of social security

MO-1040. See page 4 for information

total benefits may delay your refund.

equivalent railroad retirement benefits.

on how to obtain forms.

Instructions For Form Mo-Pts - Property Tax Credit

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