Form Mo-1040 - Booklet Missouri Individual Income Tax Long Form

PART 2

The maximum annual exempt con t ri b ution

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issouRi

is $8,000 for single individuals or $16,000

temized

eductions

MISSOURI ITEMIZED DEDUCTIONS

for married couples filing a combined return.

If your total Missouri itemized deductions

If you are a participant claiming a subtrac-

You cannot itemize your Missouri deductions

are less than your standard deduction (see

tion for a contribution made to the savings

if you took the standard deduction on your

Page 7, Line 14), you should take the stan-

pro g ram, you must attach your statement

federal return. See Page 7, Line 14. You must

dard deduction on Form MO-1040, Line 14,

pro vided by the program manager. The

itemize your Missouri deductions if you were

unless you were re q uired to itemize your

statement must be in the name of a plan

re quired to itemize on your federal return.

federal deductions.

participant (account owner) claiming the

subtraction.

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PART 3

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edeRAl

temized

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ine

uAliFied

eAlth

eductions

PENSION AND SOCIAL SECURITY/

nsuRAnce

Remiums

Include your total federal itemized deduc-

SOCIAL SECURITY DISABILITY/

tions from Federal Form 1040, Line 40, and

Enter the amount you paid for health

MILITARY EXEMPTION

any approved cultural contributions (liter-

insurance premiums. Do not include any

ary, musical, scholastic, or artistic) to a tax

pre-tax premiums paid, any premiums

If you are claiming a pension, social

exempt agency or institution that is operated

excluded from federal taxable income, or

security, social security disability, or

on a not-for-profit basis. Cash con tributions

any long term care insurance premiums.

military exemption, you must attach a copy

do not qualify.

Use the worksheet on page 26 to determine

of your federal return (pages 1 and 2), your

your allowable subtraction.

Forms 1099-R, and SSA-1099. Failure to

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provide this information will result in your

ine

epReciAtion

(FicA)

ecuRity

exemption being disallowed.

djustment

Social security tax is the amount in social

ublic

ension

AlculAtion

If you purchased an asset between July

security tax withheld box on your Forms

1, 2002, and June 30, 2003, and you elected

Public pensions are pensions received from

W-2. This amount cannot exceed $4,486.

to use the 30 percent depreciation on your

any federal, state, or local government. If

Medicare is the amount in the Medicare tax

federal return, you may be able to subtract

you have questions about whether your

withheld box on your Forms W-2. Enter the

a portion of the depreciation. Enter the

pension is a public or a private pension,

total on Line 2. Repeat for your spouse and

additional depreciation created by the Job

contact your pension administrator.

enter the total on Line 3.

Creation and Worker Assistance Act previ-

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issouRi

djusted

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ously added back in prior years to the extent

ines

And

AilRoAd

Ross

ncome

allowable by Section 143.121, (RSMo). This

etiRement

amount is computed by figuring the allow-

Include your Missouri adjusted gross

Include the amount of railroad retirement

able depreciation prior to the Job Creation

income from Form MO-1040, Line 6.

tax withheld from your wages, Tier I and Tier

and Worker Assistance Act less the depre-

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II, during 2011. This amount cannot exceed

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ociAl

ecuRity

ciation taken on your federal return. If you

$7,575 (Tier I maximum of $4,486 and Tier

have previously taken an addition modifi-

eneFits

II maximum of $3,089). Enter the total on

cation for a qualifying property, but have

Include the taxable 2011 social security

Line 4. Repeat for your spouse and enter

sold or disposed of the property during the

benefits for each spouse. This information

the total on Line 5. If you have both FICA

taxable year, check the box on Line 12 and

can be found on:

and railroad retirement tax, the maximum

take a subtraction for the amount not previ-

• Federal Form 1040A—Line 14b

deduction al lowed is the amount withheld

ously recovered. More information and

• Federal Form 1040—Line 20b

examples can be found on the Department’s

as shown on the Forms W-2 less, either the

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web site at

amount entered on Federal Form 1040, Line

ine

AxAble

ublic

ension

tion_examples.pdf.

69, or, if only one employer, the amount

Include the taxable 2011 public pension for

refunded by the employer.

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each spouse. This information can be found on:

ine

ome

neRgy

udit

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-e

• Federal Form 1040A—Line 12b

xpenses

ine

elF

mployment

• Federal Form 1040—Line 16b

Enter the amount you paid for the costs

Include the amount from Federal Form

Do not include any payments from private

incurred for a home energy audit or the imple-

1040, Line 56 minus Line 27 or Federal

pensions, social security benefits or railroad

mentation of any energy efficiency recom-

Form 1040NR, Line 54 minus Line 27.

retirement payments on this line.

mendations, to the extent the amounts paid

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ine

tAte And

(Exception: If you are 100 percent disabled,

were not subtracted from federal taxable

you may consider railroad retirement as

ocAl

ncome

Axes

income. The amount of the subtraction is

taxable public pension.)

limited to $1,000 per taxpayer or taxpayers

Include the amount of income taxes from

filing a combined return per year, not to

Federal Form 1040, Schedule A, Line 5.

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ine

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ecuRity

exceed $2,000 cumulatively. Please complete

The amount you paid in state income taxes

ociAl

ecuRity

isAbility

and attach Form MO-HEA found on page 25.

included in your federal itemized deduc-

xemption

tions, must be subtracted to deter m ine

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ubtRActions

Include the amount from Lines 6Y and

Missouri itemized deductions.

Add Lines 7 through 13. Enter the total on

6S from Part 3 of the MO-A, Section C

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ine

ARnings

Axes

Form MO-A, Part 1, Line 14 and on Form

(social security or social security disability

MO-1040, Line 4.

If you entered an amount on Line 8 and

calculation), unless you are a single indi-

Note: Do not include income earned in

you live or work in the Kansas City or St.

vidual with income greater than $85,000

other states on Line 14. Com p lete Form

Louis area, you may have included earnings

or a married couple with income greater

MO-NRI (Missouri Income Percentage) or

taxes. Include on Line 9 the amount of

than $100,000. For single individuals

Form MO-CR (Credit for Income Taxes Paid

earnings taxes withheld shown on Forms

with income greater than $85,000 enter

to Other States or Political Subdivisions). See

the amount from Line 8 of Section C. For

W-2. See Diagram 1, Page 44, Box 19.

Form MO-1040, Line 26 or Line 27.

married couples with income greater than

$100,000 , multiply Line 8 by the percent-

ages on Line 3Y and 3S of the worksheet for

Lines 4 and 5 (next page), and enter those

Form Mo-1040 - Booklet Missouri Individual Income Tax Long Form - 2011 Page 35

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