Form 1040 Instructions - 2015 Page 24
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105 2015 Form 1040—Lines 10 Through 12
State and Local Income Tax Refund Worksheet—Line 10
Keep for Your Records
Before you begin:
Be sure you have read the Exception in the instructions for this line to see if you can use this
worksheet instead of Pub. 525 to figure if any of your refund is taxable.
1.
Enter the income tax refund from Form(s) 1099G (or similar statement). But do not enter more than
the amount of your state and local income taxes shown on your 2014 Schedule A, line 5 . . . . . . . . . . . . 1.
2.
Enter your total itemized deductions from your 2014 Schedule A, line 29 . . . . . . . . . . 2.
Note. If the filing status on your 2014 Form 1040 was married filing separately and
your spouse itemized deductions in 2014, skip lines 3 through 5, enter the amount from
line 2 on line 6, and go to line 7.
3.
Enter the amount shown below for the filing status claimed on your
2014 Form 1040.
Single or married filing separately—$6,200
Married filing jointly or qualifying widow(er)—$12,400
Head of household—$9,100
3.
4.
Did you fill in line 39a on your 2014 Form 1040?
No. Enter -0-.
Yes. Multiply the number in the box on line 39a of your
2014 Form 1040 by $1,200 ($1,550 if your 2014
filing status was single or head of household).
4.
5.
Add lines 3 and 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
6.
Is the amount on line 5 less than the amount on line 2?
No.
STOP
None of your refund is taxable.
Yes. Subtract line 5 from line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
7.
Taxable part of your refund. Enter the smaller of line 1 or line 6 here and on Form
1040, line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.
2015 of an amount deducted or credit
7. You owed alternative minimum
b. The amount on line 8 of that 2014
claimed in an earlier year.
tax in 2014.
worksheet would be more than the
amount on line 4 of that worksheet if the
3. The amount on your 2014 Form
8. You couldn't use the full amount
amount on line 4 were reduced by 80%
1040, line 42, was more than the amount
of credits you were entitled to in 2014
of the refund you received in 2015.
on your 2014 Form 1040, line 41.
because the total credits were more than
the amount shown on your 2014 Form
4. You had taxable income on your
Line 11
1040, line 47.
2014 Form 1040, line 43, but no tax on
your Form 1040, line 44, because of the
9. You could be claimed as a de-
Alimony Received
0% tax rate on net capital gain and
pendent by someone else in 2014.
Enter amounts received as alimony or
qualified dividends in certain situations.
10. You received a refund because of
separate maintenance. You must let the
5. Your 2014 state and local income
a jointly filed state or local income tax
person who made the payments know
tax refund is more than your 2014 state
return, but you aren't filing a joint 2015
your social security number. If you do
and local income tax deduction minus
Form 1040 with the same person.
not, you may have to pay a penalty. For
the amount you could have deducted as
11. You had to use the Itemized De-
more details, see Pub. 504.
your 2014 state and local general sales
ductions Worksheet in the 2014 Instruc-
taxes.
tions for Schedule A and both of the fol-
Line 12
6. You made your last payment of
lowing apply.
Business Income or (Loss)
2014 estimated state or local income tax
a. You couldn't deduct all of the
in 2015.
amount on the 2014 Itemized Deduc-
If you operated a business or practiced
tions Worksheet, line 1.
your profession as a sole proprietor, re-
-24-
Need more information or forms? Visit IRS.gov.
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