1) This document provides instructions for completing Schedule 1 of the New Jersey tax form NJ-1040 to determine whether a taxpayer would benefit more from claiming the Property Tax Deduction or the Property Tax Credit.
2) The schedule involves entering property tax amounts, taxable income amounts, and referring to tax tables to calculate the tax amounts with and without the property tax deduction.
3) By comparing the tax amounts with and without the deduction, the schedule determines whether the taxpayer would save $50 or more in taxes by claiming the Property Tax Deduction, in which case they should claim the deduction, or if they would save more by claiming the $50 Property Tax Credit.
BI-473 - Partnership/Limited Liability Company Schedule taxman taxman
This document provides instructions for completing Vermont Form BA-402, which is used for apportioning and allocating income for entities that conduct business both within and outside of Vermont. It explains that a three-factor apportionment formula is used that considers sales, payroll, and property within Vermont as a percentage of the total amounts everywhere. The form has sections to directly allocate nonbusiness income and foreign dividends, calculate apportionment factors for sales, payroll, and property, and then average the percentages to determine Vermont apportioned income.
This document provides instructions for completing South Carolina Schedule NR, which is used by nonresidents or part-year residents to report income taxable to South Carolina. It explains how to report various types of income and adjustments in the appropriate columns, with Column A for total income reported on the federal return and Column B only for income subject to South Carolina tax. It also provides formulas for calculating South Carolina adjustments based on the federal amounts. Key points include only reporting income from South Carolina sources or earned while a resident in Column B, and adding back certain deductions not allowed under South Carolina law.
This document provides instructions for completing Schedule C, which is used to claim a credit against West Virginia personal income tax for Business and Occupation (B&O) tax paid. The credit is limited to the smallest of three amounts: the B&O tax paid, the personal income tax before credits, or the income tax on income from the B&O taxed business. Net income and B&O tax amounts from multiple businesses must be combined on Schedule C. Only income that was subject to B&O tax can be included when calculating the credit.
This document is an Illinois Department of Revenue form for computing penalties for individuals. It provides instructions for taxpayers to calculate any late payment penalties owed based on unpaid taxes or underpayment of estimated taxes. The form contains worksheets to determine the required installments, unpaid tax amounts, late payment amounts and totals owed.
This document provides instructions for signing and mailing an income tax return. It notes that the return must be signed, both spouses must sign a joint return, and if prepared by someone else the preparer should also sign. It lists items to check before mailing such as completing all required information and enclosing all necessary forms. It also provides details on preparing returns for deceased taxpayers and authorizing the department to discuss the return with the preparer.
Utility Property Tax Information Updatetaxman taxman
This document is a payment form for the New Hampshire Department of Revenue Administration's private car tax for 2007. It provides instructions for taxpayers to report their annual private car tax amount from their tax bill, make payments on any balance due including estimated tax payments, and claim overpayment credits or refunds. Taxpayers are directed to sign and submit the form along with any payment due by December 30, 2007.
Gross Income Tax Depreciation Adjustment Worksheet (Updated: 11/29/05)taxman taxman
1) The document provides instructions for calculating New Jersey depreciation adjustments for tax years beginning on or after January 1, 2004 for assets placed in service on or after that date.
2) Partnerships and S corporations are required to calculate depreciation adjustments for partners and shareholders.
3) Individuals, estates and trusts use Worksheet GIT-DEP to calculate NJ adjustments to depreciation, Section 179 recapture income, and gains/losses on asset dispositions.
This document provides instructions for completing Schedule M1CR to claim a credit for income tax paid to another state on a Minnesota tax return. Taxpayers may be eligible if they were a Minnesota resident in 2008 and paid income tax to Minnesota and another state on the same income. The schedule walks through calculating the credit amount by determining the portion of income taxed by both states and limiting the credit to the lesser of the tax paid to the other state or a percentage of the Minnesota tax.
BI-473 - Partnership/Limited Liability Company Schedule taxman taxman
This document provides instructions for completing Vermont Form BA-402, which is used for apportioning and allocating income for entities that conduct business both within and outside of Vermont. It explains that a three-factor apportionment formula is used that considers sales, payroll, and property within Vermont as a percentage of the total amounts everywhere. The form has sections to directly allocate nonbusiness income and foreign dividends, calculate apportionment factors for sales, payroll, and property, and then average the percentages to determine Vermont apportioned income.
This document provides instructions for completing South Carolina Schedule NR, which is used by nonresidents or part-year residents to report income taxable to South Carolina. It explains how to report various types of income and adjustments in the appropriate columns, with Column A for total income reported on the federal return and Column B only for income subject to South Carolina tax. It also provides formulas for calculating South Carolina adjustments based on the federal amounts. Key points include only reporting income from South Carolina sources or earned while a resident in Column B, and adding back certain deductions not allowed under South Carolina law.
This document provides instructions for completing Schedule C, which is used to claim a credit against West Virginia personal income tax for Business and Occupation (B&O) tax paid. The credit is limited to the smallest of three amounts: the B&O tax paid, the personal income tax before credits, or the income tax on income from the B&O taxed business. Net income and B&O tax amounts from multiple businesses must be combined on Schedule C. Only income that was subject to B&O tax can be included when calculating the credit.
This document is an Illinois Department of Revenue form for computing penalties for individuals. It provides instructions for taxpayers to calculate any late payment penalties owed based on unpaid taxes or underpayment of estimated taxes. The form contains worksheets to determine the required installments, unpaid tax amounts, late payment amounts and totals owed.
This document provides instructions for signing and mailing an income tax return. It notes that the return must be signed, both spouses must sign a joint return, and if prepared by someone else the preparer should also sign. It lists items to check before mailing such as completing all required information and enclosing all necessary forms. It also provides details on preparing returns for deceased taxpayers and authorizing the department to discuss the return with the preparer.
Utility Property Tax Information Updatetaxman taxman
This document is a payment form for the New Hampshire Department of Revenue Administration's private car tax for 2007. It provides instructions for taxpayers to report their annual private car tax amount from their tax bill, make payments on any balance due including estimated tax payments, and claim overpayment credits or refunds. Taxpayers are directed to sign and submit the form along with any payment due by December 30, 2007.
Gross Income Tax Depreciation Adjustment Worksheet (Updated: 11/29/05)taxman taxman
1) The document provides instructions for calculating New Jersey depreciation adjustments for tax years beginning on or after January 1, 2004 for assets placed in service on or after that date.
2) Partnerships and S corporations are required to calculate depreciation adjustments for partners and shareholders.
3) Individuals, estates and trusts use Worksheet GIT-DEP to calculate NJ adjustments to depreciation, Section 179 recapture income, and gains/losses on asset dispositions.
This document provides instructions for completing Schedule M1CR to claim a credit for income tax paid to another state on a Minnesota tax return. Taxpayers may be eligible if they were a Minnesota resident in 2008 and paid income tax to Minnesota and another state on the same income. The schedule walks through calculating the credit amount by determining the portion of income taxed by both states and limiting the credit to the lesser of the tax paid to the other state or a percentage of the Minnesota tax.
This document is a West Virginia partnership tax return form for tax year 20___. It includes sections to report the partnership's income and losses, modifications to federal partnership income, apportionment factors for multi-state partnerships, and information about the partnership's nonresident partners including withholding requirements. The form provides instructions for completing the various sections and schedules including how to calculate the partnership's West Virginia taxable income, the withholding amounts for nonresident partners, and filing requirements.
tax.utah.gov forms current tc tc-40s-plaintaxman taxman
This document provides instructions for claiming a credit on a Utah income tax return for income taxes paid to another state. It notes that part-year residents rarely qualify for this credit and nonresidents do not qualify. It includes a form for taxpayers to calculate the credit for up to three other states, determining the portion of income taxed by both Utah and the other state. The credit is the lesser of the tax paid to the other state or a limitation based on the person's Utah tax and the ratio of income taxed by both states to their total income.
This document is a New Hampshire Department of Revenue Administration form for filing an Interest and Dividends Tax Return for the 2008 calendar year. It provides instructions for completing the two page tax return form, including who must file, when to file, how to report income and claim exemptions. It outlines common errors to avoid, such as failing to sign or pay any amount due. It also provides information on filing amended returns, reporting changes from federal audits, and where/how to obtain additional forms.
Form 1040, Schedules A & B-Itemized Deductions & Interest and Dividend Income taxman taxman
This document is IRS Form 1040 Schedules A and B for itemized deductions and interest/dividend income for tax year 2008. Schedule A allows taxpayers to list various deductions including medical expenses, taxes paid, home mortgage and other loan interest, gifts to charity, casualty losses, and job/other miscellaneous expenses. Schedule B requires reporting of interest and ordinary dividend income received over $1,500 and asks if the taxpayer had any foreign bank accounts or involvement with foreign trusts.
This document provides instructions for filing an amended individual income tax return for Arizona using Form 140X. Key details include:
1. Form 140X should be used to correct an original Form 140, 140A, 140EZ, 140PY or 140NR filed within the past four years.
2. Taxpayers must amend their state return within 90 days if amending their federal return or if the IRS makes adjustments to their federal taxable income.
3. The form provides line-by-line instructions for correcting amounts reported on the original return. Changes should be entered in columns to show the original, adjustment, and corrected amounts.
4. Additional documentation may be required including copies of federal notices or
This document provides instructions for filing an amended individual income tax return in Arizona using Form 140X. Key details include:
- Form 140X should be used to correct an original Form 140, 140A, 140EZ, 140PY or 140NR filed within the past four years.
- You must file Form 140X within 90 days if amending your federal return or reporting a change made by the IRS to your federal taxable income.
- Payment is due in full when filing the amended return. Penalties may apply for late filing or payment.
- Provide your name, SSN, address and enter the tax year being amended. Correct information as needed for exemptions, deductions or income items
This document provides instructions for filing an amended Arizona individual income tax return using Form 140X. It explains who should use Form 140X, when an amended return should be filed, how to complete the form, and payment requirements. Key points include:
1) Form 140X is used to correct an original Form 140, 140A, 140EZ, 140PY or 140NR filed within the past four years. Taxpayers must include all changes and the reasons for changes on the form.
2) An amended return must generally be filed within four years if requesting a refund. If amending a federal return, Form 140X must be filed within 90 days.
3) Payments are due in full with
This document provides instructions for claiming a credit on a Utah fiduciary tax return for income taxes paid to another state. Part-year Utah residents may only claim the credit on income that was taxed by both Utah and the other state while the taxpayer was a Utah resident. Nonresidents do not qualify for the credit. The credit is calculated by determining the portion of total income taxed by both states, limiting the credit to the lesser of the tax paid to the other state or the result of multiplying the Utah tax by the ratio of other state income to total income. Supporting documentation from the other state must be kept.
This document provides instructions for filing an amended Arizona individual income tax return using Form 140X. It explains that Form 140X should be used to correct a previously filed Form 140, 140A, 140EZ, 140PY, or 140NR. The summary includes:
1) Form 140X must be filed within 4 years of the original return. It should also be filed within 90 days if amending the federal return or receiving an IRS correction.
2) Payment is due in full when filing the amended return. Refunds for deceased taxpayers require Form 131.
3) Penalties may apply for late payment, filing, or substantial underpayment. Interest accrues from the original due date.
Form 1120-IC-DISC Interest Charge Domestic International Sales Corporation R...taxman taxman
This document is an IRS Form 1120-IC-DISC, which is the tax return form filed by Interest Charge Domestic International Sales Corporations (IC-DISCs). Some key details:
- It provides instructions for a calendar or fiscal year tax return for an IC-DISC, which is a domestic corporation that receives special tax treatment to encourage exports.
- The form requires reporting various details about the IC-DISC like its name, address, employer identification number, date of incorporation, principal business activity, and total assets.
- It also requires disclosing any corporations, individuals, partnerships, trusts or estates that own 50% or more of the IC-DISC's voting stock,
Nonresident Composite Return and Schedules A, B and Ctaxman taxman
This document provides instructions for completing a 2008 New Jersey composite tax return (Form NJ-1080C) on behalf of qualified nonresident individuals. It explains that a composite return allows certain types of entities to file a single return and pay tax on behalf of eligible nonresident members. It provides details on who can participate, how to determine tax rates and schedules for participants with income under and over $250,000, required attachments, and other procedures for completing and filing the composite return.
This document is an IRS Form W-9 used to request a taxpayer identification number from an individual or entity. It consists of two parts: Part I requests the taxpayer ID number and certification, and Part II requires certification under penalty of perjury. The form provides instructions on when it should be used, who qualifies as a U.S. person, and exemptions from backup withholding. It is used by persons making certain payments to obtain correct taxpayer ID numbers to avoid backup withholding requirements.
Inst 1118-Instructions for Form 1118, Foreign Tax Credit - Corporationstaxman taxman
This document provides instructions for completing Form 1118, which is used to calculate a corporation's foreign tax credit. Some key points:
1) Form 1118 must be completed separately for each applicable category of foreign-source income and for any income re-sourced by tax treaty.
2) Separate categories include passive income, general category income, and various other types. The instructions provide definitions for each category.
3) The form and schedules are used to determine foreign gross income and deductions, foreign taxes paid, and to calculate the foreign tax credit limitation.
Form 1041-N U.S. Income Tax Return for Electing Alaska Native Settlement Tru...taxman taxman
This document is an IRS Form 1041-N for an Electing Alaska Native Settlement Trust. It provides general information about the trust, including the name and address of the trustee. It also includes sections to report the trust's income, deductions, tax computation, capital gains and losses, and distributions made to beneficiaries.
This document is a Vermont captive insurance premium tax return form for the year 2007. It provides instructions for captive insurance companies to report their direct and reinsurance premiums collected in Vermont and calculate the taxes owed. Key information to report includes gross direct premiums, assumed reinsurance premiums, return premiums and deductions. Taxes owed are determined based on sliding tax rate schedules applied to net taxable premium amounts. The return is due by February 28, 2008 and must be signed and sent to the Vermont Department of Taxes.
This document appears to be part of a New Jersey state tax return form (NJ-1040).
Schedule A allows the taxpayer to claim a credit for income taxes paid to other jurisdictions on the same income being taxed by New Jersey. The taxpayer must provide the name of the other jurisdiction and the amount of income taxed.
Schedule B requires the taxpayer to report any capital gains or losses from the sale of property. Information about the type of property sold, date acquired and sold, sale price, and gain/loss must be included.
Schedule C requires reporting of any rental income or losses, as well as income from royalties, patents, and copyrights as was reported on the federal tax return.
Amended Non-Resident & Part Year Resident Income Tax Return Instructionstaxman taxman
Form 80-270 is used to amend an individual income tax return already filed with Mississippi for a year the filer was a nonresident or part-year resident. The filer must provide an explanation for any changes from the original return, attach any required forms and schedules, and recalculate tax liability based on the amendments. The form includes line-by-line instructions for recalculating income, deductions, exemptions, credits, payments, and amounts due or owed.
Amended Resident Income Tax Return Instructionstaxman taxman
This document provides instructions for completing Form 80-170, the Mississippi Resident Amended Individual Income Tax Return for 2008. Key points include:
- Form 80-170 is used to amend a previously filed 2008 Mississippi individual income tax return.
- The amended return should include all information from the original filing in addition to an explanation of any changes.
- Line items should be completed based on amounts from the original return unless being amended, in which case the box next to the line number should be shaded.
- Supporting documents like W-2s and schedules must be attached along with an explanation of any amended amounts.
nd1cr-enabled nd.gov tax indincome forms 2008taxman taxman
This document is instructions for calculating a credit for income tax paid to another state on a North Dakota tax form. It provides details on who is eligible for the credit if they paid income tax to North Dakota and another state on the same income. It also provides specific instructions for filling out each line of the form, including entering the name of the other state, amounts of income sourced to the other state, the taxpayer's residency status, and the income tax paid to the other state.
The document summarizes eligibility requirements and application procedures for New Jersey's 2008 tenant homestead rebate. To qualify, tenants must have:
1) Rented and occupied a principal residence in NJ on October 1, 2008 that was subject to local property taxes, with taxes paid through rent.
2) Earned $100,000 or less in total gross income for the year.
3) Lived in a dwelling with a separate kitchen and bathroom.
Tenants who meet these criteria should file Form TR-1040 along with their NJ-1040 tax return by April 15, 2009 to apply. Eligibility and rebate amounts are subject to state budget restrictions.
This document provides instructions for completing Schedule C, which is used to claim a credit against West Virginia personal income tax for Business and Occupation (B&O) tax paid. The credit is limited to the smallest of three amounts: the B&O tax paid, the personal income tax before credits, or the income tax on income from the B&O taxed business. Net income and B&O tax amounts from multiple businesses must be combined on Schedule C. Only income that was subject to B&O tax can be included when calculating the credit.
This document is a West Virginia partnership tax return form for tax year 20___. It includes sections to report the partnership's income and losses, modifications to federal partnership income, apportionment factors for multi-state partnerships, and information about the partnership's nonresident partners including withholding requirements. The form provides instructions for completing the various sections and schedules including how to calculate the partnership's West Virginia taxable income, the withholding amounts for nonresident partners, and filing requirements.
tax.utah.gov forms current tc tc-40s-plaintaxman taxman
This document provides instructions for claiming a credit on a Utah income tax return for income taxes paid to another state. It notes that part-year residents rarely qualify for this credit and nonresidents do not qualify. It includes a form for taxpayers to calculate the credit for up to three other states, determining the portion of income taxed by both Utah and the other state. The credit is the lesser of the tax paid to the other state or a limitation based on the person's Utah tax and the ratio of income taxed by both states to their total income.
This document is a New Hampshire Department of Revenue Administration form for filing an Interest and Dividends Tax Return for the 2008 calendar year. It provides instructions for completing the two page tax return form, including who must file, when to file, how to report income and claim exemptions. It outlines common errors to avoid, such as failing to sign or pay any amount due. It also provides information on filing amended returns, reporting changes from federal audits, and where/how to obtain additional forms.
Form 1040, Schedules A & B-Itemized Deductions & Interest and Dividend Income taxman taxman
This document is IRS Form 1040 Schedules A and B for itemized deductions and interest/dividend income for tax year 2008. Schedule A allows taxpayers to list various deductions including medical expenses, taxes paid, home mortgage and other loan interest, gifts to charity, casualty losses, and job/other miscellaneous expenses. Schedule B requires reporting of interest and ordinary dividend income received over $1,500 and asks if the taxpayer had any foreign bank accounts or involvement with foreign trusts.
This document provides instructions for filing an amended individual income tax return for Arizona using Form 140X. Key details include:
1. Form 140X should be used to correct an original Form 140, 140A, 140EZ, 140PY or 140NR filed within the past four years.
2. Taxpayers must amend their state return within 90 days if amending their federal return or if the IRS makes adjustments to their federal taxable income.
3. The form provides line-by-line instructions for correcting amounts reported on the original return. Changes should be entered in columns to show the original, adjustment, and corrected amounts.
4. Additional documentation may be required including copies of federal notices or
This document provides instructions for filing an amended individual income tax return in Arizona using Form 140X. Key details include:
- Form 140X should be used to correct an original Form 140, 140A, 140EZ, 140PY or 140NR filed within the past four years.
- You must file Form 140X within 90 days if amending your federal return or reporting a change made by the IRS to your federal taxable income.
- Payment is due in full when filing the amended return. Penalties may apply for late filing or payment.
- Provide your name, SSN, address and enter the tax year being amended. Correct information as needed for exemptions, deductions or income items
This document provides instructions for filing an amended Arizona individual income tax return using Form 140X. It explains who should use Form 140X, when an amended return should be filed, how to complete the form, and payment requirements. Key points include:
1) Form 140X is used to correct an original Form 140, 140A, 140EZ, 140PY or 140NR filed within the past four years. Taxpayers must include all changes and the reasons for changes on the form.
2) An amended return must generally be filed within four years if requesting a refund. If amending a federal return, Form 140X must be filed within 90 days.
3) Payments are due in full with
This document provides instructions for claiming a credit on a Utah fiduciary tax return for income taxes paid to another state. Part-year Utah residents may only claim the credit on income that was taxed by both Utah and the other state while the taxpayer was a Utah resident. Nonresidents do not qualify for the credit. The credit is calculated by determining the portion of total income taxed by both states, limiting the credit to the lesser of the tax paid to the other state or the result of multiplying the Utah tax by the ratio of other state income to total income. Supporting documentation from the other state must be kept.
This document provides instructions for filing an amended Arizona individual income tax return using Form 140X. It explains that Form 140X should be used to correct a previously filed Form 140, 140A, 140EZ, 140PY, or 140NR. The summary includes:
1) Form 140X must be filed within 4 years of the original return. It should also be filed within 90 days if amending the federal return or receiving an IRS correction.
2) Payment is due in full when filing the amended return. Refunds for deceased taxpayers require Form 131.
3) Penalties may apply for late payment, filing, or substantial underpayment. Interest accrues from the original due date.
Form 1120-IC-DISC Interest Charge Domestic International Sales Corporation R...taxman taxman
This document is an IRS Form 1120-IC-DISC, which is the tax return form filed by Interest Charge Domestic International Sales Corporations (IC-DISCs). Some key details:
- It provides instructions for a calendar or fiscal year tax return for an IC-DISC, which is a domestic corporation that receives special tax treatment to encourage exports.
- The form requires reporting various details about the IC-DISC like its name, address, employer identification number, date of incorporation, principal business activity, and total assets.
- It also requires disclosing any corporations, individuals, partnerships, trusts or estates that own 50% or more of the IC-DISC's voting stock,
Nonresident Composite Return and Schedules A, B and Ctaxman taxman
This document provides instructions for completing a 2008 New Jersey composite tax return (Form NJ-1080C) on behalf of qualified nonresident individuals. It explains that a composite return allows certain types of entities to file a single return and pay tax on behalf of eligible nonresident members. It provides details on who can participate, how to determine tax rates and schedules for participants with income under and over $250,000, required attachments, and other procedures for completing and filing the composite return.
This document is an IRS Form W-9 used to request a taxpayer identification number from an individual or entity. It consists of two parts: Part I requests the taxpayer ID number and certification, and Part II requires certification under penalty of perjury. The form provides instructions on when it should be used, who qualifies as a U.S. person, and exemptions from backup withholding. It is used by persons making certain payments to obtain correct taxpayer ID numbers to avoid backup withholding requirements.
Inst 1118-Instructions for Form 1118, Foreign Tax Credit - Corporationstaxman taxman
This document provides instructions for completing Form 1118, which is used to calculate a corporation's foreign tax credit. Some key points:
1) Form 1118 must be completed separately for each applicable category of foreign-source income and for any income re-sourced by tax treaty.
2) Separate categories include passive income, general category income, and various other types. The instructions provide definitions for each category.
3) The form and schedules are used to determine foreign gross income and deductions, foreign taxes paid, and to calculate the foreign tax credit limitation.
Form 1041-N U.S. Income Tax Return for Electing Alaska Native Settlement Tru...taxman taxman
This document is an IRS Form 1041-N for an Electing Alaska Native Settlement Trust. It provides general information about the trust, including the name and address of the trustee. It also includes sections to report the trust's income, deductions, tax computation, capital gains and losses, and distributions made to beneficiaries.
This document is a Vermont captive insurance premium tax return form for the year 2007. It provides instructions for captive insurance companies to report their direct and reinsurance premiums collected in Vermont and calculate the taxes owed. Key information to report includes gross direct premiums, assumed reinsurance premiums, return premiums and deductions. Taxes owed are determined based on sliding tax rate schedules applied to net taxable premium amounts. The return is due by February 28, 2008 and must be signed and sent to the Vermont Department of Taxes.
This document appears to be part of a New Jersey state tax return form (NJ-1040).
Schedule A allows the taxpayer to claim a credit for income taxes paid to other jurisdictions on the same income being taxed by New Jersey. The taxpayer must provide the name of the other jurisdiction and the amount of income taxed.
Schedule B requires the taxpayer to report any capital gains or losses from the sale of property. Information about the type of property sold, date acquired and sold, sale price, and gain/loss must be included.
Schedule C requires reporting of any rental income or losses, as well as income from royalties, patents, and copyrights as was reported on the federal tax return.
Amended Non-Resident & Part Year Resident Income Tax Return Instructionstaxman taxman
Form 80-270 is used to amend an individual income tax return already filed with Mississippi for a year the filer was a nonresident or part-year resident. The filer must provide an explanation for any changes from the original return, attach any required forms and schedules, and recalculate tax liability based on the amendments. The form includes line-by-line instructions for recalculating income, deductions, exemptions, credits, payments, and amounts due or owed.
Amended Resident Income Tax Return Instructionstaxman taxman
This document provides instructions for completing Form 80-170, the Mississippi Resident Amended Individual Income Tax Return for 2008. Key points include:
- Form 80-170 is used to amend a previously filed 2008 Mississippi individual income tax return.
- The amended return should include all information from the original filing in addition to an explanation of any changes.
- Line items should be completed based on amounts from the original return unless being amended, in which case the box next to the line number should be shaded.
- Supporting documents like W-2s and schedules must be attached along with an explanation of any amended amounts.
nd1cr-enabled nd.gov tax indincome forms 2008taxman taxman
This document is instructions for calculating a credit for income tax paid to another state on a North Dakota tax form. It provides details on who is eligible for the credit if they paid income tax to North Dakota and another state on the same income. It also provides specific instructions for filling out each line of the form, including entering the name of the other state, amounts of income sourced to the other state, the taxpayer's residency status, and the income tax paid to the other state.
The document summarizes eligibility requirements and application procedures for New Jersey's 2008 tenant homestead rebate. To qualify, tenants must have:
1) Rented and occupied a principal residence in NJ on October 1, 2008 that was subject to local property taxes, with taxes paid through rent.
2) Earned $100,000 or less in total gross income for the year.
3) Lived in a dwelling with a separate kitchen and bathroom.
Tenants who meet these criteria should file Form TR-1040 along with their NJ-1040 tax return by April 15, 2009 to apply. Eligibility and rebate amounts are subject to state budget restrictions.
This document provides instructions for completing Schedule C, which is used to claim a credit against West Virginia personal income tax for Business and Occupation (B&O) tax paid. The credit is limited to the smallest of three amounts: the B&O tax paid, the personal income tax before credits, or the income tax on income from the B&O taxed business. Net income and B&O tax amounts from multiple businesses must be combined on Schedule C. Only income that was subject to B&O tax can be included when calculating the credit.
This document is an individual income tax return form (Form 1040EZ) for the year 2010. It provides instructions for filing as a single taxpayer or married filing jointly with no dependents and limited income. Key details include:
- The taxpayer reports $40,000 in wages on line 1.
- The standard deduction of $9,350 is entered on line 5 based on filing status.
- Taxable income of $30,650 is calculated by subtracting the standard deduction from wages.
- No payments or credits are available so the total tax of $6,188 is owed.
This document provides instructions for completing Wisconsin Schedule U to determine if a taxpayer owes interest for underpaying their estimated taxes. It outlines who must pay underpayment interest, exceptions where interest does not apply, how to calculate the required annual payment, and options for the short method or applying for a waiver of underpayment interest. Key details include calculating 90% of the current year tax or 100% of the prior year tax as the required annual payment amount and listing exception codes and circumstances for when interest does not apply or a waiver can be requested.
This document provides information about making prepayment of Utah fiduciary income taxes. It explains that taxpayers can make prepayments to cover their expected tax liability before the return due date to avoid penalties. It includes a worksheet to calculate the minimum required prepayment, which is either 90% of the estimated current year tax liability or 100% of the prior year's tax liability. The form also provides contact information for the Utah State Tax Commission for questions.
Nikita Daryanani is filing a single tax return for 2010 reporting $40,000 in wages. The standard deduction of $9,350 is subtracted from adjusted gross income of $40,000, resulting in taxable income of $30,650. Using the tax table, the tax due is $4,175. No payments, credits or refund are reported. The full amount owed of $4,175 is shown on line 13.
Form 8404 Interest Charge on DISC-Related Deferred Tax Liability taxman taxman
This document is an IRS form (Form 8404) used by shareholders of Interest Charge Domestic International Sales Corporations (IC-DISCs) to calculate and report the interest owed on DISC-related deferred tax liability. The form contains instructions for completing the form, including information on who must file, when to file, where to file, and line-by-line instructions. It also provides special rules for calculating amounts carried back or forward to other tax years.
1. Louisa Raitt filed a single tax return and reported $50,000 in wages as her only income.
2. She is not eligible to claim any dependents or credits. Her taxable income is $40,650 and she owes $6,338 in federal income tax.
3. No payments or credits were reported so the full $6,338 is due when she files her return.
The 6-page US income tax form for non residents that boxing champ Manny Pacqu...raissarobles
Certain cash contributions for Haiti relief made between January 11, 2010 and March 1, 2010 can be deducted on the taxpayer's 2009 tax return rather than their 2010 return. The contributions must have been made to qualified relief organizations to aid victims of the January 12, 2010 earthquake in Haiti. Acceptable forms of contributions include cash, checks, credit cards, debit cards, and cell phone contributions. The taxpayer must itemize deductions to claim this charitable deduction.
tax.utah.gov forms current tc tc-548-2009taxman taxman
1) This document is a fiduciary income tax prepayment coupon from the Utah State Tax Commission that allows taxpayers to make prepayments toward their tax liability before the return due date.
2) It provides instructions on calculating required prepayments and notes that interest is charged from the original due date if the full amount owed isn't paid by then.
3) Taxpayers can pay electronically or mail the completed coupon and prepayment to the Utah State Tax Commission by the filing deadline to avoid potential penalties for unpaid taxes.
1. This document provides instructions for carrying back or carrying forward unused low-income housing tax credits in Utah. Credits exceeding the current year's tax liability may be carried back 3 years or forward 5 years.
2. The form is used to calculate amounts of unused credit applied to prior or future tax years. Carryforward credits must be used before credits earned in the current year and are applied on a first-earned, first-used basis.
3. If the taxpayer recaptured part of the federal low-income housing tax credit, a portion of the Utah credit must also be recaptured. This form is used to calculate the recaptured Utah credit amount.
1. This document provides instructions for carrying back or carrying forward unused low-income housing tax credits in Utah. Credits exceeding the current year's tax liability may be carried back 3 years or forward 5 years.
2. Taxpayers must complete form TC-40LI for the year credits were earned and use this form to list any carryback or carryforward amounts and the tax years they are applied to.
3. If a taxpayer recaptures part of the federal low-income housing tax credit, they must also recapture part of the Utah credit using this form to calculate the recapture tax.
This document is an IRS Form 1040EZ for the 2010 tax year. It is a simplified tax return for single and married filing jointly taxpayers with no dependents.
The key information provided includes:
1) Personal information for the taxpayer such as name, address, social security number.
2) Income information including wages of $40,000 and no other taxable income.
3) Standard deduction of $9,350 since no one can claim the taxpayer as a dependent.
4) Tax owed of $6,188 calculated using the tax table in the instructions. No payments or credits to offset the amount owed.
This document is an IRS Form 1040EZ for individual income tax return filing for 2010. It contains information about the taxpayer such as name, address, social security number. The form shows the taxpayer's income of $40,000 in wages and requests standard deduction and exemption amounts. The taxpayer owes $6,188 in federal income tax.
1) The document is an IRS Form 1040EZ for individual income tax return filing for 2010. It provides information about the taxpayer such as name, address, social security number, income, deductions, credits, tax amount due or refund.
2) The taxpayer, Christopher Wong, is filing as single and reports $40,000 in wages as their only income.
3) After deducting the standard deduction of $9,350, the taxpayer's taxable income is $30,650. Based on this, the amount of tax owed is $4,175.
schedule-pt-enabled nd.gov tax indincome forms 2008taxman taxman
1) This document provides instructions for claiming North Dakota property tax credits on a 2008 tax return.
2) Section 1 allows taxpayers to claim a credit for residential and agricultural property taxes paid in 2007. Taxpayers fill out columns with property information to calculate the allowable credit amount.
3) Section 2 allows a credit for commercial property taxes paid, including property owned directly by the taxpayer and property owned by a passthrough entity. Taxpayers again fill out columns to calculate the credit amount.
Similar to Schedules 1 and 1-A - Property Tax Deduction/Credit (20)
This document is an application for a California homebuyer's tax credit. It contains sections for the seller to certify that the home has never been occupied, as well as sections for the escrow company to provide closing details. Finally, there are sections for up to three qualified buyers to provide their contact and ownership information and certify that they intend to use the home as their primary residence for at least two years. The buyers will receive a tax credit of up to 5% of the home's purchase price or $10,000, whichever is less.
This document contains Forms 593-C and 593-E and instructions for real estate withholding in California for 2009. It explains that real estate withholding is a prepayment of estimated income tax due from gains on real estate sales in California. The Real Estate Escrow Person is responsible for providing the forms to sellers and withholding the appropriate amount based on the forms submitted.
This document provides instructions for completing Form 593-V Payment Voucher for Real Estate Withholding Electronic Submission. Key details include:
1) Form 593-V is used to remit real estate withholding payment to the Franchise Tax Board if Form 593 was filed electronically. It must include the withholding agent's identifying information and payment amount.
2) Payments can be made by check or money order payable to the Franchise Tax Board, or through electronic funds transfer for large payments. The payment must match the electronically filed Form 593.
3) Payments are due within 20 days of the end of the month in which the real estate transaction occurred. Interest and penalties
This document provides instructions for California real estate withholding on installment sales. It explains that for tax years beginning on or after January 1, 2009, the buyer is required to withhold taxes on the principal portion of each installment payment for properties sold via an installment sale. The form guides the buyer through providing their contact information, the seller's information, acknowledging the withholding requirement, and signing to indicate they understand their obligation to withhold taxes and send payments to the state. Escrow agents are instructed to send the initial withholding amount to the state and provide copies of documents to help facilitate ongoing withholding as future installment payments are made.
This document is a California Form 593-C, which is a Real Estate Withholding Certificate. It allows a seller of California real estate to certify exemptions from real estate withholding requirements. The form has four parts: seller information, certifications that fully exempt from withholding, certifications that may partially or fully exempt, and the seller's signature. Checking boxes in Part II or III can allow full or partial exemption from the default 3 1/3% withholding on the sales price of California real estate.
This document is a California Form 593 for real estate withholding tax. It contains information about the withholding agent, seller or transferor, escrow or exchange details, and transaction details. The form requires the seller to sign a perjury statement if electing an optional gain on sale calculation method rather than the default 3 1/3% of total sales price withholding amount.
This document provides instructions for completing Form 592-V, the payment voucher for electronically filed Form 592 (Quarterly Resident and Nonresident Withholding Statement) and Form 592-F (Foreign Partner or Member Annual Return). Key details include verifying complete information is provided on the voucher, rounding cents to dollars, mailing the payment and voucher to the Franchise Tax Board by the payment due date, and interest and penalties for late payments.
This document is a California Form 592-B for the tax year 2009. It provides instructions for withholding agents and recipients regarding nonresident and resident withholding. Key details include:
- Form 592-B is used to report income subject to withholding and the amount of California tax withheld.
- It must be provided to recipients by January 31 and to foreign partners by the 15th day of the 4th month following the close of the taxable year.
- The recipient should attach Copy B to their California tax return to claim the withholding amount.
This document is a Foreign Partner or Member Quarterly Withholding Remittance Statement form for tax year 2009 from the California Franchise Tax Board. It contains instructions for three installment payments due by the 15th day of the 4th, 6th, and 9th months of the tax year. The form collects identifying information about the Withholding Agent such as name, address, ID number, and payment amounts to be remitted to the Franchise Tax Board.
This document is a Quarterly Resident and Nonresident Withholding Statement form for tax year 2009. It is used to report tax amounts withheld from payments made to independent contractors, recipients of rents/royalties, distributions to shareholders/partners/beneficiaries, and other types of income. The form includes sections to enter information about the withholding agent, types of income, amounts of tax withheld and due, and a schedule of payees listing details of payments made and tax withheld for each recipient. Instructions are provided on filing deadlines, common errors to avoid, electronic filing requirements, interest and penalties.
This document is a Nonresident Withholding Exemption Certificate form used to certify an exemption from withholding on distributions of previously reported income from an S corporation, partnership, or LLC. It allows a nonresident shareholder, partner, or member to claim exemption if the income represented by the distribution was already reported on their California tax return. The form requires information about the entity and individual, and certification that the income has been reported. It is to be kept by the entity and presented to claim exemption from withholding requirements on distributions of prior year income.
This document is a Withholding Exemption Certificate form from the California Franchise Tax Board. It allows individuals and entities to certify an exemption from California nonresident income tax withholding. The form contains checkboxes for different types of taxpayers, including individuals, corporations, partnerships, LLCs, tax-exempt entities, and trusts, to claim an exemption based on their status. It requires the taxpayer's name, address, and signature to certify that the information provided is true and correct.
This document is a request form for a waiver of nonresident withholding in California. It requests information about the requester, withholding agent, and payees. The requester provides their name and address and selects the type of income payment for which a waiver is requested. The withholding agent's name and address are also provided. In the vendor/payee section, names, addresses, and tax identification numbers are listed along with the reason for waiver request. Reasons include having current tax returns on file, making estimated payments, being a member of a combined reporting entity, or other special circumstances. The form is signed under penalty of perjury.
This document is a Nonresident Withholding Allocation Worksheet (Form 587) used to determine if withholding of income tax is required for payments made by a withholding agent to a nonresident vendor/payee. The vendor/payee provides information about the types of payments received and allocation of income between California and other states. The withholding agent uses this information to determine if withholding of 7% is required based on the amount of California-source income payments exceeding $1,500.
This document is a tax return form for California's nonadmitted insurance tax. It provides instructions for calculating taxes owed on insurance premiums paid to insurers not authorized to conduct business in California. The form includes sections to enter the taxpayer's information, identify the tax period and insurance contracts, compute the tax amount, and make payments or claim refunds. It also provides directions on filing amended returns, payment due dates, and authorizing a third party to discuss the filing with the tax agency.
The document provides instructions for Form 541-ES, which is used to calculate and pay estimated tax for estates and trusts. Key details include:
- Estimated tax payments for 2009 are now required to be 30% of the estimated tax liability for the 1st and 2nd installments and 20% for the 3rd and 4th installments.
- Estates and trusts with a 2009 adjusted gross income of $1,000,000 or more must base estimated tax payments on their 2009 tax liability rather than the prior year's tax.
- The form and instructions provide guidance on calculating estimated tax, payment due dates, and how to complete and submit Form 541-ES.
This document provides instructions for California taxpayers to estimate their tax liability and make estimated tax payments for tax year 2009. Key details include:
- Taxpayers must make estimated payments if they expect to owe $500 or more in tax for 2009 after subtracting withholding and credits.
- Payments are due April 15, June 15, September 15 of 2009, and January 15 of 2010.
- A worksheet is provided to help calculate estimated tax liability based on 2008 tax return or expected 2009 income.
- Failure to make required estimated payments may result in penalties. Electronic payment is required for payments over $20,000.
This document provides instructions for making estimated tax payments for individuals in California. It includes:
1) Directions for making online payments through the Franchise Tax Board website for ease and to schedule payments up to a year in advance.
2) A form for making estimated tax payments by mail on April 15, June 15, September 15, and January 15 that includes fields for name, address, amounts owed, and payment instructions.
3) Reminders not to combine estimated tax payments with tax payments from the previous year and to write your name and identification number on the check.
This document contains contact information for the California Franchise Tax Board. It lists phone numbers and addresses for various tax-related services, including automated phone services, taxpayer assistance, tax practitioner services, and departments within the FTB that handle issues like collections, bankruptcy, and deductions. The board members and executive officer are also named.
This document provides answers to frequently asked questions about tax audits conducted by the Franchise Tax Board of California. It explains that the purpose of an audit is to fairly verify the correct amount of taxes owed. It addresses questions about obtaining representation, responding to information requests, payment plans if additional taxes are owed, and appeal rights. The document directs taxpayers to contact their auditor or the Franchise Tax Board directly for additional assistance.
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Schedules 1 and 1-A - Property Tax Deduction/Credit
1. Completing Schedule 1 33
Schedule 1 – Property Tax Deduction/Credit
Complete both columns of this schedule to find out whether the Property Tax Deduction or the Property Tax Credit is better for
you. Do not complete this schedule if you claim a credit for taxes paid to other jurisdictions. Complete Schedule A and
Worksheet F.
1. Property Tax. Enter the property taxes you paid in 2008 from Line 36a of Form NJ-1040. 1. ______________
Property tax reimbursement (Senior Freeze) applicants do not
enter the amount from Line 36a. See instructions below.
2. Property Tax Deduction. Enter the amount from Line 1 of this schedule or $10,000,
whichever is less. Also enter this amount on Line 4, Column A below. See instructions below. 2. ______________
Column A Column B
3. Taxable Income (Copy from Line 35 of Form NJ-1040) ........................................... 3. 3.
–0–
4. Property Tax Deduction (Copy from Line 2 of this schedule) .................................. 4. 4.
5. Taxable Income After Property Tax Deduction (Subtract Line 4 from Line 3) ......... 5. 5.
6. Tax you would pay on Line 5 amount (Go to Tax Table or Tax Rate Schedules
and enter amount) ...................................................................................................... 6. 6.
7. Subtract Line 6, Column A from Line 6, Column B and enter the result here ............................................ 7.
8. Is the Line 7 amount $50 or more ($25 if filing status is married/CU partner, filing separate return and you maintain the
same residence as your spouse/civil union partner)?
Yes. You receive a greater tax benefit by taking the Property Tax Deduction. Make the following entries on Form NJ-1040.
Form NJ-1040 Enter amount from:
Line 36c Line 4, Column A
Line 37 Line 5, Column A
Lines 38 and 39 Line 6, Column A
Line 48 Make no entry
No. You receive a greater tax benefit from the Property Tax Credit. (Part-year residents, see instructions on page 9
before answering “No.”) Make the following entries on Form NJ-1040.
Form NJ-1040 Enter amount from:
Line 36c Make no entry
Line 37 Line 5, Column B
Lines 38 and 39 Line 6, Column B
Line 48 $50 ($25 if filing status is married/CU partner, filing separate return and you main-
tain the same residence as your spouse/civil union partner). Part-year residents, see
instructions on page 9.
Line 1 - Property Tax/Rent your 2007 property taxes as reported on Note: If you owned your home with
Line 14 of your 2008 Property Tax Reim- someone other than your spouse/civil union
Enter on Line 1 your property taxes (or
bursement Application, Form PTR-1. (For partner or if your home consists of more
18% of rent) paid during 2008 on your
mobile home owners this is 18% of 2007 than one unit, the amount of property taxes
qualified New Jersey residence from
site fees.) you report must reflect your percentage of
Line 36a, Form NJ-1040.
ownership or the proportionate share of
If you file your application on Form property taxes for the unit you occupy as
Property Tax Reimbursement (Senior PTR-2, enter on Line 1 the amount of your principal residence.
Freeze) Applicants. If you are eligible your base year property taxes as reported
for a property tax reimbursement for on Line 11 of your 2008 Property Tax Re-
Line 2 - Property Tax
2008, complete that application before imbursement Application, Form PTR-2.
Deduction
continuing. (For mobile home owners this is 18% of
base year site fees.) Enter the amount from Line 1 or $10,000,
If you file your application on Form
whichever is less. Also enter this amount
PTR-1, enter on Line 1 the amount of
on Line 4, Column A.
continued
ALL PROPERTY TAX RELIEF PROGRAM INFORMATION IS SUBJECT TO CHANGE
2. Completing Schedule 1
34
Schedule 1 - continued
Line 5 - Taxable Income After
Note: If your filing status is married/CU beneficial to you, subtract Line 6, Col-
partner, filing separate return and you and umn A from Line 6, Column B and enter
Property Tax Deduction
the result on Line 7. Part-year residents
your spouse/civil union partner maintain
For each column, subtract Line 4 from see instructions on page 9 before con-
the same principal residence, and Line 1 is
Line 3 and enter the result on Line 5. tinuing. If Line 7 is $50 or more ($25 if
$5,000 or more, enter $5,000 on Line 2. If
Line 1 is less than $5,000, enter the amount filing status is married/CU partner, fil-
Line 6 - Tax on Line 5
from Line 1. ing separate return and you maintain the
same residence as your spouse/civil union
For each column, enter on Line 6 the
partner), you will receive a greater benefit
Line 3 - Taxable Income amount of tax on the income shown on
by taking the property tax deduction. If
Line 5. Use the Tax Table on page 53 or
For each column, enter on Line 3, Sched-
Line 7 is less than $50 ($25 if filing status
the Tax Rate Schedules on page 62 to cal-
ule 1 the amount from Line 35, Form
is married/CU partner, filing separate re-
culate the amount of tax.
NJ-1040.
turn and you maintain the same residence
as your spouse/civil union partner), you
Lines 7 and 8 - Deduction/
Line 4 - Property Tax will receive a greater benefit by taking the
Credit Determination
Deduction property tax credit. Follow the instruc-
To determine whether a property tax de- tions on Schedule 1 for completing Lines
Enter on Line 4, Column A the amount
duction or a property tax credit is more 36c, 37, 38, and 48, Form NJ-1040.
from Line 2, Schedule 1.
Completing Schedule 1-A
Part I - Homeowners If you were both an owner and a tenant at
Enter this figure as a decimal (e.g., enter
25% as 0.25). the same address, enter the required infor-
Principal Residences Owned mation in both Part I and Part II.
in New Jersey (Lines 1-3) Column 4
Column 1
Enter the total property taxes paid on this
List the address of each New Jersey resi-
property during 2008 for the period indi- Enter the number of days you rented and
dence you owned and occupied as your
cated in Column 1. occupied this home as your principal resi-
principal residence during 2008. Com-
dence in 2008. If this was your residence
plete Column 1 through Column 5 for
Column 5 for all of 2008, enter 366. The total num-
each address.
Multiply the decimal in Column 3 by the ber of days in Part I and Part II may not
property tax amount in Column 4. If there exceed 366.
If you were both an owner and a tenant at
is no figure in Column 3, use the decimal
the same address, enter the required infor-
Column 2
in Column 2. Enter the result in Column 5.
mation in both Part I and Part II.
If you lived with someone (other than
For example, total property taxes paid your spouse/civil union partner) and
Column 1
were $2,000, Column 2 is 1.00, and Col- shared the rent with them, enter the total
Enter the number of days you owned and
umn 3 is 0.50. The calculation for Col- number of tenants who shared the rent
occupied this home as your principal resi-
umn 5 is 0.50 $2,000 = $1,000. (including yourself). For this purpose you
dence in 2008. If this was your residence
and your spouse/civil union partner are
for all of 2008, enter 366. The total num- considered one tenant.
Line 4 - Property Taxes
ber of days in Part I and Part II may not
Add your share of property taxes paid in
exceed 366. Column 3
Column 5, Lines 1 through 3, and enter Enter the total amount of rent paid by all
Column 2 the total on Line 4. tenants (including yourself) during 2008
Enter the share (percentage) of this resi- for the period indicated in Column 1.
dence you (and your spouse/civil union
Part II - Tenants Column 4
partner) own(ed). Enter this figure as a
Divide the amount in Column 3 by the
Principal Residences Rented
decimal (e.g., if the share is 50%, enter
number in Column 2, and enter the result
0.50). If you (and your spouse/civil union in New Jersey (Lines 5-7) in Column 4.
partner) were the sole owner(s), enter 1.00.
List the address of each New Jersey resi-
dence you rented and occupied as your
Column 3 Line 8 - Rent
principal residence during 2008. Com-
If this property consists of more than one
Add your share of rent paid in Column 4,
plete Column 1 through Column 4 for
unit, indicate the share (percentage) of the
Lines 5 through 7, and enter the total on
each address.
property used as your principal residence. Line 8.
continued
ALL PROPERTY TAX RELIEF PROGRAM INFORMATION IS SUBJECT TO CHANGE
3. Completing Schedule 1-A 35
Schedule 1-A - continued
Schedule 1-A
PART I: HOMEOWNERS
Principal residences you owned in New Jersey during 2008
(1) (2) (3) (4) (5)
Number of days in Share of property Share of property Total property taxes Your share of
2008 in this residence owned by you used as your paid on this property property taxes paid
as an owner (and your spouse/ principal residence for this period on this property
Address civil union partner) for this period
1.
2.
3.
4. Your share of total property taxes paid in 2008 for your principal residences (total of Column 5)
Use this amount to complete Line 36a. .........................................................................................................................................
PART II: TENANTS
Principal residences you rented in New Jersey during 2008
(1) (2) (3) (4)
Number of days in Total number of Total rent paid by all Total rent paid by you
2008 in this residence tenants who people living in this (and your spouse/civil union
as a tenant shared the rent residence during this period partner) for this residence
Address during this period
5.
6.
7.
8. Your share of total rent paid in 2008 for your principal residences (total of Column 4)
Use 18% of this amount to complete Line 36a. ...................................................................................................................
2008 Form NJ-1040 Line-by-Line Instructions
Line 37 - New Jersey Taxable on page 62 if your New Jersey taxable are claiming a property tax deduction or
income is $100,000 or more. Use the cor- credit, you must also complete Worksheet
Income
rect schedule for your filing status. After F to determine the amount of your ben-
Subtract Line 36c from Line 35. If zero or you have calculated your tax, enter the efit. If you are not eligible for a property
less, make no entry. amount on Line 38. tax benefit, enter on Line 40 the amount
from Line 9, Column B, Schedule A(s).
Line 38 - Tax on Amount on Line 39 - Tax
The credit on Line 40 may not exceed
Line 37 Enter on Line 39 the amount of tax from your tax on Line 38. Enclose Sched-
Compute your tax by using one of the fol- Line 38, page 2. ule A(s) with your return. See the instruc-
lowing methods. tions for Schedule A on page 40.
Line 40 - Credit for Income
Tax Table. If your New Jersey taxable Enter in the boxes at
Taxes Paid to Other
income is less than $100,000, you may Line 40 the code for the ju-
Jurisdictions
use the New Jersey Tax Table on page 53 risdiction for which you are
or the New Jersey Tax Rate Schedules on Enter on Line 40 the amount of credit claiming a credit. (See chart on page 36.)
page 62 to find your tax. When using the allowed as calculated on Schedule A. If If you are claiming credit for taxes paid to
tax table, be sure to use the correct col- you are claiming credit for income or more than one jurisdiction (e.g., New
umn. After you have found your tax, enter wage taxes paid to more than one juris- York State and New York City or Dela-
the amount on Line 38. diction, complete a Schedule A for each ware and Maryland), use the code for
(see instructions on page 40) and enter “Multiple Jurisdictions.” If the jurisdic-
Tax Rate Schedules. You must use on Line 40 the total amount of the credits tion to which you paid taxes is not listed,
the New Jersey Tax Rate Schedules allowed from each Schedule A. If you use the code for “Other.”
continued
ALL PROPERTY TAX RELIEF PROGRAM INFORMATION IS SUBJECT TO CHANGE