The Arizona 140PY form is the state’s official document for part-year residents to file their personal income tax returns. This form allows individuals who have lived in Arizona for only part of the year to report their income and calculate their tax obligations accurately. If you need to file this form, click the button below to get started.
The Arizona 140PY form serves as a crucial document for individuals who have lived in Arizona for only part of the tax year. This form is specifically designed for part-year residents, allowing them to accurately report their income and calculate their tax obligations based on the time they spent in the state. The form encompasses essential sections such as personal information, residency status, and income details. Taxpayers must provide their federal adjusted gross income, as well as any Arizona-specific income, while also accounting for exemptions and deductions that may apply. Additionally, the 140PY form includes calculations for tax credits and payments, ensuring that individuals can claim any credits they are eligible for and accurately determine their tax due or refund. Understanding the nuances of this form can significantly ease the tax filing process for part-year residents, helping them navigate their responsibilities while minimizing potential errors.
NO TAPE.
ARIZONA FORM
Part-Year Resident Personal Income Tax Return
FOR
140PY
CALENDAR YEAR
OR FISCAL YEAR BEGINNING
M
D
Y
AND ENDING
.
2012
82F
Check box 82F if filing under extension
Your First Name and Middle Initial
Last Name
Enter
Your Social Security No.
1
your
Spouse’s First Name and Middle Initial (if box 4 or 6 checked)
Spouse’s Social Security No.
SSN(s)
Current Home Address - number and street, rural route
Apt. No.
Daytime Phone (with area code)
Home Phone (with area code)
2
94
City, Town or Post Office
State
Zip Code
3
4
Married filing joint return
REVENUE USE ONLY. DO NOT MARK IN THIS AREA.
5
Head of household
►
NAME OF QUALIFYING CHILD OR DEPENDENT
6
Married filing separate return. Enter spouse’s name and Social Security No. above.
7
Single
page 2; staplecorner.uppertoleft
EXEMPTIONSSTATUSFILING
Enter the number claimed. Do not put a check mark.
88
8
Age 65 or over (you and/or spouse)
9
Blind (you and/or spouse)
10
Dependents. From page 2, line A2 – do not include self or spouse.
81
80
11
Qualifying parents and grandparents from page 2, line A5.
12-13 Residency Status (check one):
12
Part-Year Resident Other than Active Military
13
Part-Year Resident Active Military
14
Federal adjusted gross income (from your federal return)
...............................................................
00
15
Arizona income (from page 2, line B19)
Form
16
Additions to income (from page 2, line C24)
17
Subtractions from income (from page 2, line D36)
after
18
Arizona adjusted gross income: Add lines 15 and 16 then subtract line 17
documents
19
Deductions. Check box and enter amount. See instructions, page 16
19I
ITEMIZED 19S
STANDARD
20
Personal exemptions. See page 16 of the instructions
21
Arizona taxable income: Subtract lines 19 and 20 from line 18.
If less than zero, enter zero
other
22
Compute the tax using Tax Table X or Y
23
Tax from recapture of credits from Arizona Form 301, Part II, line 35
or
24
Subtotal of tax: Add lines 22 and 23
schedules
25
Family income tax credit from worksheet on pages 17 and 18 of the instructions
.............................................................
26
Credits from Arizona Form 301, Part II, line 68, or Forms 310, 321, 322 and 323, if Form 301 is not required
27
Credit type: Enter form number of each credit claimed
..............
AZ
28
Clean Elections Fund Tax Credit for donations made prior to August 2, 2012 (from worksheet on page 20 of the instructions)
and
29
Balance of tax: Subtract lines 25, 26 and 28 from line 24.
If the sum of lines 25, 26 and 28 is more than line 24, enter zero
federal
30
Arizona income tax withheld during 2012
31
Arizona estimated tax payments for 2012
required
32
2012 Arizona extension payment (Form 204)
33
Increased Excise Tax Credit: From worksheet on page 20 of the instructions
34
Other refundable credits: Check the box(es) and enter the amount
341
Form 308-I
342
Form 342
any
35
Total payments/refundable credits: Add lines 30 through 34
Place
36
TAX DUE: If line 29 is larger than line 35, subtract line 35 from line 29, and enter amount of tax due. Skip lines 37, 38 and 39
37
OVERPAYMENT: If line 35 is larger than line 29, subtract line 29 from line 35, and enter amount of overpayment
38
Amount of line 37 to be applied to 2013 estimated tax
TAPE.
39
Balance of overpayment: Subtract line 38 from line 37
40 - 49 Voluntary Gifts to:
Aid to Education
40
Arizona Wildlife
41
NO
.................................
Child Abuse Prevention
42
Domestic Violence Shelter
43
HERE.
I Didn’t Pay Enough Fund
44
National Guard Relief Fund
45
Neighbors Helping Neighbors
46
Special Olympics
47
Veterans’ Donations Fund
48
Political Gift
49
PAYMENT
50
Voluntary Political Gift (check only one):
501 Americans Elect
502
Democratic 503
Green 504 Libertarian
505
Republican
51
Estimated payment penalty and MSA withdrawal penalty
52
....Check applicable boxes 521
Annualized/Other
522
Farmer or Fisherman 523
Form 221 attached 524
MSA Penalty
STAPLE
53
Total of lines 40 through 49 and 51
....................................................................................................................................
54
REFUND: Subtract line 53 from line 39.
If less than zero, enter amount owed on line 55
Direct Deposit of Refund: Check box 54A if your deposit will be ultimately placed in a foreign account; see instructions
54A
ROUTING NUMBER
ACCOUNT NUMBER
C
Checking or
98
S
Savings
55
AMOUNT OWED: Add lines 36 and 53.
Make check payable to Arizona Department of Revenue; include SSN on payment
ADOR 10149 (12)
Completing the Arizona 140PY form requires careful attention to detail. This form is used for part-year residents to report their income and calculate taxes owed or refunds due. Follow these steps to ensure accurate submission.
After completing the form, ensure it is sent to the correct address based on whether you are making a payment or expecting a refund. Review all information for accuracy before mailing to avoid any delays in processing.
What is the Arizona 140PY form used for?
The Arizona 140PY form is specifically designed for part-year residents who need to file a personal income tax return. This form allows individuals who lived in Arizona for only part of the year to report their income earned during that time and calculate their tax liability accordingly. It is essential for accurately determining tax obligations for those who have changed residency within the year.
Who should file the Arizona 140PY form?
Individuals who were part-year residents of Arizona during the tax year should file the Arizona 140PY form. This includes those who moved into or out of the state during the year, as well as active military members who may have different residency considerations. It is important to assess your residency status and ensure you are using the correct form to comply with state tax laws.
What information do I need to complete the Arizona 140PY form?
To complete the Arizona 140PY form, you will need personal information such as your name, Social Security number, and current address. Additionally, you will need details about your income, including wages, dividends, and any other income sources. Information about your residency dates and any deductions or credits you plan to claim is also necessary. Gathering this information beforehand can streamline the filing process.
How do I determine my Arizona taxable income on the 140PY form?
To calculate your Arizona taxable income on the 140PY form, start with your federal adjusted gross income. From this figure, you will add any state-specific income adjustments and subtract eligible deductions and exemptions. The result will be your Arizona taxable income, which is used to compute your state tax liability. Make sure to follow the instructions carefully to ensure accuracy.
What are the deadlines for filing the Arizona 140PY form?
The deadline for filing the Arizona 140PY form typically aligns with the federal tax filing deadline, which is usually April 15. If you need more time, you may file for an extension, but it's crucial to pay any estimated taxes owed by the original deadline to avoid penalties. Always check for any updates or changes to filing deadlines each tax year.
Where do I send my completed Arizona 140PY form?
The destination for your completed Arizona 140PY form depends on your circumstances. If you are sending a payment with your return, mail it to the Arizona Department of Revenue, PO Box 52016, Phoenix, AZ, 85072-2016. If you expect a refund or do not owe any tax, send your form to PO Box 52138, Phoenix, AZ, 85072-2138. Make sure to verify the mailing address based on your specific situation to ensure timely processing.
Filling out the Arizona 140PY form can be a complex task, and many individuals make mistakes that can lead to delays or complications with their tax returns. One common error occurs when people fail to provide complete information. For instance, omitting the Social Security numbers of both the taxpayer and the spouse can result in significant delays in processing the return. It's crucial to ensure that all required fields are filled out accurately.
Another frequent mistake is related to the residency dates. Taxpayers often overlook the importance of correctly entering the dates of Arizona residency. This information is essential for determining the appropriate tax obligations. If these dates are incorrect or missing, it may lead to complications in calculating the tax owed.
Some individuals mistakenly check boxes that do not apply to their situation. For example, checking the "Married filing joint return" box when filing separately can create confusion and result in incorrect tax calculations. It is important to carefully read the instructions and ensure that the selected filing status accurately reflects the taxpayer's circumstances.
Many taxpayers also forget to include all sources of income. When filling out the form, individuals must report all income earned during the tax year, including wages, dividends, and other sources. Failing to report income can lead to penalties and interest on unpaid taxes.
In addition, some people neglect to calculate their deductions and exemptions correctly. The Arizona 140PY form allows for various deductions, but if these are not calculated accurately, it can significantly affect the final tax amount. Individuals should take the time to review the instructions and ensure that they are claiming the correct amounts.
Another common error involves the addition and subtraction of income. Taxpayers may miscalculate their Arizona adjusted gross income by failing to accurately add or subtract the necessary figures. This mistake can lead to an incorrect taxable income, which can have serious repercussions.
Moreover, many individuals do not double-check their math. Simple arithmetic errors can lead to significant discrepancies in the tax owed or refunded. Taking the time to verify calculations can prevent future issues with the Arizona Department of Revenue.
Finally, some taxpayers forget to sign and date their forms. A missing signature can delay processing and may result in the return being deemed invalid. It is essential to remember that the form is not complete until it is signed by the taxpayer and, if applicable, the spouse.
In summary, while filling out the Arizona 140PY form, it is vital to provide complete and accurate information, check residency dates, select the correct filing status, report all income, calculate deductions correctly, verify math, and ensure that the form is signed. By avoiding these common mistakes, taxpayers can help ensure a smoother filing process and minimize the risk of complications.
The Arizona 140PY form is essential for part-year residents filing their personal income tax returns. However, several other forms and documents often accompany this form to ensure a complete and accurate filing. Below is a list of these related documents.
Each of these forms plays a vital role in the tax filing process for part-year residents in Arizona. Ensuring that all necessary documents are completed and submitted can help avoid delays and potential issues with tax authorities.
When completing the Arizona 140PY form, it is essential to follow specific guidelines to ensure accuracy and compliance. Here are nine things to keep in mind:
By adhering to these guidelines, you can help ensure that your Arizona 140PY form is processed smoothly and efficiently.
This form is specifically designed for part-year residents of Arizona. If you moved into or out of the state during the tax year, this is the appropriate form to use for reporting your income.
Part-year residents must report all income earned during the year, regardless of where it was earned. This includes income from other states, which will be adjusted based on your residency status.
The Arizona 140PY form is distinct from federal tax returns. While some information may overlap, the state form has specific requirements and calculations that differ from federal guidelines.
While you can request an extension, it is not automatically granted. You must check the appropriate box on the form and follow the instructions for filing under an extension to avoid penalties.
The Arizona 140PY form is specifically designed for part-year residents. It allows individuals who have lived in Arizona for only part of the year to report their income accurately.
It is essential to provide correct residency dates. Clearly indicate the period of residency in Arizona to determine the appropriate tax obligations.
When filling out the form, ensure that all income sources are reported. This includes wages, dividends, and any other income earned during the residency period.
Claiming exemptions is crucial. Make sure to enter the number of exemptions you are eligible for, including those for dependents, age, or disability.
Be aware of the credits available to you. The form allows for various credits that can reduce your tax liability, so review the instructions carefully.
Finally, ensure that you sign and date the form. An unsigned return may lead to delays in processing or issues with your tax obligations.