Instructions For Arizona Form 140 - Resident Personal Income Tax Return

Form 140



Step 4

If you qualify to take this credit, complete Worksheet II

in step 4.

If you qualify to take the credit, complete Worksheet II.

Step 1

Worksheet II

Complete Worksheet I below.

You must complete Steps 1 through 3 before you

complete Worksheet II.

Worksheet I

1. Enter the number of dependents

1. Enter the amount from Form 140,

you entered on Form 140, page 1,

page 1, line 15.

box 10, excluding persons listed

2. Enter the amount from Form 140,

on Page 2, line A3a.

page 2, line C17.

2. Number of personal exemptions.

3. Add lines 1 and 2. Enter the result.

If you checked filing status 4,

Step 2

enter the number 2 here. If you

checked filing status 5, 6, or 7,

Look at the following tables. Find your filing status.

enter the number 1 here.



Use Table I if married filing a joint return.

Add lines 1 and 2. Enter the result.



Use Table II if head of household.

4. Multiply the amount on line 3 by



Use Table III if single or married filing a separate

$40. Enter the result.

return.

If you checked filing status 4 or 5,

Step 3

enter $240 here. If you checked



filing status 6 or 7, enter $120 here.

Look at column (a) labeled "number of dependents" and

Family income tax credit. Enter the

find the number of dependents you are claiming (Form 140,

lesser of line 4 or line 5. Also enter

page 1, box 10 excluding persons listed on Page 2, line A3a).



this on Form 140, page 1, line 25

Find the maximum income [in column (b)] for the

number of dependents you are claiming.

NOTE: The family income tax credit will only reduce your



Compare that income [the amount in column (b)] with the

tax and cannot be refunded.

income listed in Step 1 on Worksheet I, line 3.

Line 26 - Nonrefundable Credits From

If the amount entered in step 1 on Worksheet I, line 3 is

Arizona Form 301 or Forms 310, 321, 322,

equal to or less than the maximum income allowed for the

and 323 if Form 301 is not Required

number of dependents you are claiming on Form 140, page

1, box 10, excluding persons listed on Page 2, line A3a, you

Complete line 26 if you take any of the following credits.

qualify to take this credit. To figure your credit, complete

Also make sure that you attach the Arizona Form 301 if you

step 4.

are required to complete Form 301 and the appropriate

credit form or forms to your return.

Table I

1. Defense Contracting Credits. Your unused defense

Married Filing a Joint Return

contracting credit carryover may be carried forward as a

Column (a)

Column (b)

credit against subsequent taxable years’ tax liability through

Number of dependents you are claiming

Maximum

tax year 2011. See Form 302 for details.

on Form 140, page 1, box 10 excluding

Income

2. Enterprise Zone Credit. The enterprise zone credit has

persons listed on Page 2, line A3a.

been repealed effective June 30, 2011.

Employment



0 or 1

$20,000

positions filled after June 30, 2011 do not qualify. Credits



$23,600

established in tax year 2011 will expire if not used by tax



$27,300

year 2016. See Form 304 for more information.



4 or more

$31,000

3. Environmental Technology Facility Credit. You may

qualify for this credit if your business incurred expenses in

Table II

constructing

qualified

environmental

technology

Head of Household

manufacturing facility. Use Form 305 to figure this credit.

Column (a)

Column (b)

4. Military Reuse Zone Credit. You may qualify for this

Number of dependents you are claiming

Maximum

credit if you have qualifying net increases in full-time

on Form 140, page 1, box 10 excluding

Income

employment within a military reuse zone. Use Form 306 to

persons listed on Page 2, line A3a.

figure this credit.



0 or 1

$20,000

5. Recycling Equipment Credit. The recycling equipment



$20,135

credit allowable to individuals has been repealed. You may



$23,800

not take this credit for taxable years beginning January 1,



$25,200

2003 or later. However, the repeal did not affect any credit



5 or more

$26,575

carryover that accrued prior to the repeal. Use Form 307 to

figure any allowable credit carryover.

Table III

6. Credit for Increased Research Activities - Individuals.

Single Or Married Filing Separately

You may qualify for this credit if you incurred qualified

Column (a)

Column (b)

research expenses for research conducted in Arizona. Use

Number of dependents you are claiming

Maximum

Form 308-I to figure this credit.

on Form 140, page 1, box 10 excluding

Income

7. Credit for Taxes Paid to Another State or Country.

persons listed on Page 2, line A3a.



You may qualify for this credit if you paid tax to Arizona and

0 or more

$10,000

Instructions For Arizona Form 140 - Resident Personal Income Tax Return - 2011 Page 16

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