Instructions For Arizona Form 140 - Resident Personal Income Tax Return

Form 140

You paid rent on taxable property for the entire year or

For more information on Arizona's claim of right provisions,

you did a combination of both.

see Individual Income Tax Procedure ITP 95-1.

4. If you lived alone, your total household income was

Figuring Your Overpayment or Tax Due

under $3,751.

If you lived with others, the total

household income was under $5,501.

To see what

Line 39 - Tax Due

income is included in household income, see the Form

If line 31 is more than line 38, you have tax due. Subtract

140PTC instructions.

line 38 from line 31. Skip lines 40, 41 and 42.

Complete Form 140PTC to figure your credit. Enter the

Line 40 - Overpayment

amount from Form 140PTC, page 1, line 15.

Attach Form 140PTC to your return.

If line 38 is more than line 31, subtract line 31 from line 38.

Complete lines 41 and 42.

Tax Tip: To claim a property tax credit, you must file your

Line 41 - Amount of Line 40 to Apply to

claim or extension request by April 17, 2012. You cannot

2012 Estimated Tax

claim this credit on an amended return if you file the

amended return after the due date of your return.

If you want all or part of your refund applied to next year's

estimated taxes, enter that amount.

Line 37 - Other Refundable Credits

NOTE: If you apply any of the amount shown on line 40 to

Enter the total of refundable credits you are claiming from

2012, you cannot use that amount to pay any tax that is later

Form 308-I, Credit for Increased Research Activities -

found to be due for 2011. You also may not claim a refund

Individuals, or Form 342, Credit for Renewable Energy

for that amount until you file your 2012 return.

Industry.

If you enter an amount on this line, be sure you check the

Line 42 - Balance of Overpayment

box or boxes to show which credits you are claiming. Also

Subtract line 41 from line 40 to determine your overpayment

be sure to attach the credit claim form (308-I or 342) to your

balance before voluntary gifts and any estimated payment penalty.

return when you file.

Credit for Increased Research Activities - Individuals

Making Voluntary Gifts

(Form 308-I)

You can make voluntary gifts to each of the funds shown

You may qualify for the refundable increased research

below. A gift will reduce your refund or increase the amount

activities credit if you incurred qualified research expenses

due with your return.

for research conducted in Arizona. For more information

about this credit, and to see whether you may claim a refund

NOTE: If you make a gift, you cannot change the amount of

of this credit, see Arizona Form 308-I.

that gift later on an amended return.

If you are claiming a refund of the increased research

Line 43 - Aid To Education Fund

activities credit from Form 308-I, enter the amount from

Form 308-I, Part IV, line 29, here.

Gifts go to the Arizona Assistance for Education Fund. The

Arizona Board of Education will distribute money in this

Renewable Energy Industry Credit (Form 342)

fund to school districts.

You may qualify for the refundable renewable energy

CAUTION: If you make a contribution to the Aid to

industry credit if you expanded or located a qualified

Education Fund, you must contribute your entire refund.

renewable energy operation in Arizona.

For more

You may not give more than or less than your entire refund.

information about this credit, see Arizona Form 342.

If you are claiming the renewable energy industry credit,

Line 44 - Arizona Wildlife Fund

from Form 342, enter the amount from Form 342, Part IV,

You may give some or all of your refund to the Arizona

line 12, here.

Wildlife Fund. You may also give more than your entire

refund.

NOTE: If you are claiming a refundable credit from both

Form 308-I and Form 342, add the amount from Form 308-

Your gift to the Arizona Wildlife Fund helps protect wildlife

I, part IV, line 29 to the amount from Form 342, Part IV,

in the state. Many species like bald eagles, Apache trout and

line 12 and enter the total on Form 140, page 1, line 37.

black-footed ferrets benefit from your gifts to this fund.

Gifts are also used to improve areas for watching wildlife

Line 38 - Total Payments and Refundable

statewide.

Credits

Line 45 - Citizens Clean Elections Fund

Add lines 32 through 37. Enter the total.

You may give some or all of your refund to the Citizens

Also, do the following if you computed your 2011 tax under

Clean Elections Fund. You may also send in additional

Arizona's claim of right provisions.

money with your return. If you send in additional money

1. Write "ARS § 43-1029" and the amount of the prior

with your return, include that amount on line 59. Enter the

amount you want to donate on line 45.

year tax reduction in the space to the left of your total

payment amount.

If you make a donation to the fund with your 2011 return

2. Include the credit for the prior year tax reduction in the

that you file in 2012, you may claim a credit for that

donation on your 2012 return.

total entered on line 38.

3. Attach a schedule explaining the amounts repaid and the

The Citizens Clean Elections Fund provides funding to each

computation of the prior year tax reduction.

participating candidate who qualifies for campaign funding.

Instructions For Arizona Form 140 - Resident Personal Income Tax Return - 2011 Page 20

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