Arizona Form 140
This article explores Arizona Form 140, the primary state income tax return for Arizona residents, covering its purpose, filing requirements, submission methods, and detailed instructions for completion.
Contents
Arizona Form 140 is the standard individual income tax return form used by full-year residents of Arizona to report their annual income and calculate their state tax obligations. This essential tax document, administered by the Arizona Department of Revenue (ADOR), serves as the primary mechanism for Arizona residents to fulfill their state tax responsibilities, report their earnings from various sources including wages, investments, and business income, claim applicable deductions and credits, and either request a refund of excess taxes paid or settle any remaining tax liability. The form is designed to work in conjunction with federal tax returns, particularly Form 1040, as many calculations and figures are carried over or derived from federal tax documentation, making it a crucial component of the state’s tax collection system and ensuring that Arizona residents contribute their fair share to state services and programs.
Who Must File Arizona Form 140?
- Full-year Arizona residents whose gross income exceeds $12,950 (single or married filing separately)
- Residents with gross income above $25,900 (married filing jointly)
- Those with gross income exceeding $19,400 (head of household)
- Any resident who wants to receive a refund of withheld taxes
- Residents who want to claim tax credits, even if below the income threshold
- Anyone who received a notice from ADOR requiring a return
How to File Arizona Form 140?
- Electronic Filing (E-file):
- Through approved tax preparation software
- Via a licensed tax professional
- Using ADOR’s authorized e-file providers
- Through the Arizona Department of Revenue website
- Paper Filing:
- Download the form from ADOR’s website
- Request forms by mail
- Submit completed returns to the Arizona Department of Revenue’s designated address
How to Fill Out Arizona Form 140?
- Personal Information:
- Enter full name, address, and Social Security number
- Select filing status
- Indicate residency status
- Enter any dependent information
- Income Section:
- Report federal adjusted gross income
- Add Arizona-specific additions
- Subtract allowable subtractions
- Calculate Arizona adjusted gross income
- Deductions and Exemptions:
- Choose between standard or itemized deductions
- Apply personal exemptions
- Calculate dependent exemptions
- Apply age 65 or over exemptions if applicable
- Tax Calculation:
- Use tax tables to determine base tax
- Apply any tax credits
- Calculate withholding and estimated payments
- Determine final tax due or refund amount
- Credits and Payments:
- Report any tax credits (family, property, charitable, etc.)
- Enter withholding amounts from W-2s and 1099s
- Include estimated tax payments made
- Calculate voluntary contributions if desired
- Refund or Amount Owed:
- Determine final tax liability
- Choose refund method (direct deposit or check)
- Select payment method if tax is owed
Important Deadlines and Tips:
- Due April 15th (or next business day if falls on weekend/holiday)
- Extensions available until October 15th
- Keep copies of all supporting documents
- Double-check all calculations
- Ensure proper signature and date
- Include all required schedules and forms
