Individual Income Tax Forms
Form 140X Individual Amended Income Tax Return
Form 140NR Nonresident Personal Income Tax Return
Corporate Income Tax Forms
Form 120 Arizona Corporation Income Tax Return.
Form 120S Arizona S Corporation Income Tax Return
Sales Tax Forms
Form TPT 1 Transaction Privilege, Use, And Severance Tax Return 2011
Property Tax Forms
Form Certification of Disability of Property Tax Exemption
Form Affidavit of Property Value
Arizona Tax Forms: What You Need to Know
Filing taxes can be a daunting task, but it’s a necessary one. In Arizona, tax forms can vary depending on your individual situation. Whether you’re a resident or nonresident, own a business, or have investments, it’s important to know which forms to use and how to fill them out correctly. In this article, we’ll take a look at the most common Arizona tax forms and provide a step-by-step guide to filling them out.
Arizona Department of Revenue
Before we dive into the different tax forms, let’s talk briefly about the Arizona Department of Revenue (ADOR). The ADOR is responsible for collecting and enforcing Arizona’s state taxes, including income tax, sales tax, and property tax. The ADOR website is a great resource for all taxpayers, as it provides a wealth of information on tax laws, forms, and deadlines.
Arizona Resident Personal Income Tax Form (140)
If you’re an Arizona resident, you’ll need to file a personal income tax form (Form 140) with the ADOR. The form is due on April 15th each year, and can be filed electronically or via paper form. Here’s a step-by-step guide to filling out Form 140:
1. Enter your personal information in Section A. This includes your name, address, and social security number.
2. In Section B, you’ll need to enter information about your dependents and spouse (if applicable).
3. Section C is where you’ll enter your income information. This includes your W-2s, 1099s, and any other income you received during the year.
4. In Section D, you’ll total up your income and calculate your taxable income.
5. Section E is where you’ll claim any deductions and credits you’re eligible for. This includes things like charitable donations, mortgage interest, and education credits.
6. In Section F, you’ll calculate the amount of tax you owe.
7. Finally, in Section G, you’ll indicate whether you’re receiving a refund or owe additional taxes.
Arizona Nonresident Personal Income Tax Form (140NR)
If you’re a nonresident of Arizona but earned income in the state, you’ll need to file a nonresident personal income tax form (Form 140NR) with the ADOR. The form is due on April 15th each year and can only be filed via paper form. Here’s a step-by-step guide to filling out Form 140NR:
1. In Section A, you’ll enter your personal information, including your name, address, and social security number.
2. In Section B, you’ll indicate whether you were an Arizona resident at any time during the tax year.
3. Section C is where you’ll enter your income information. This includes any income you earned in Arizona, as well as any income you earned outside the state.
4. In Section D, you’ll calculate your Arizona taxable income.
5. Section E is where you’ll claim any deductions and credits you’re eligible for.
6. In Section F, you’ll calculate the amount of tax you owe to Arizona.
7. Finally, in Section G, you’ll indicate whether you’re receiving a refund or owe additional taxes.
Arizona Business Income Tax Forms
If you own a business in Arizona, you’ll need to file an annual income tax return. The type of return you’ll need to file depends on the structure of your business.
Arizona Corporate Income Tax Form (120)
If your business is organized as a corporation, you’ll need to file a corporate income tax form (Form 120) with the ADOR. The form is due on the 15th day of the fourth month following the end of your fiscal year. Here’s a step-by-step guide to filling out Form 120:
1. In Section A, you’ll enter your company’s name, address, and federal employer identification number (EIN).
2. Section B is where you’ll enter your income information. This includes your gross income, deductions, and net income.
3. In Section C, you’ll calculate your Arizona corporate income tax liability.
4. Section D is where you’ll claim any credits or adjustments you’re eligible for.
5. Finally, in Section E, you’ll indicate whether you’re receiving a refund or owe additional taxes.
Arizona Partnership Income Tax Form (165)
If your business is organized as a partnership, you’ll need to file a partnership income tax form (Form 165) with the ADOR. The form is due on the 15th day of the third month following the end of your fiscal year. Here’s a step-by-step guide to filling out Form 165:
1. In Section A, you’ll enter your partnership’s name, address, and federal employer identification number (EIN).
2. Section B is where you’ll enter your partnership’s income information. This includes your gross income, deductions, and net income.
3. In Section C, you’ll calculate your Arizona partnership income tax liability.
4. Section D is where you’ll claim any credits or adjustments you’re eligible for.
5. Finally, in Section E, you’ll indicate whether you’re receiving a refund or owe additional taxes.
Arizona Individual Estimated Tax Payment Form (140ES)
If you’re self-employed or have a significant amount of income from sources other than an employer, you may be required to make quarterly estimated tax payments. To do this, you’ll need to fill out an individual estimated tax payment form (Form 140ES). The form is due on the 15th day of the fourth, sixth, and ninth months of the tax year and on January 15th of the following year. Here’s a step-by-step guide to filling out Form 140ES:
1. In Part I, you’ll enter your personal information, including your name, address, and social security number.
2. Part II is where you’ll calculate your estimated tax liability for the year. This includes any income you expect to earn and any deductions and credits you’re eligible for.
3. In Part III, you’ll calculate your estimated tax payments for the year.
4. Finally, in Part IV, you’ll indicate the dates you’ll be making your estimated tax payments.
Conclusion
Filing Arizona tax forms may seem overwhelming, but with a little bit of knowledge and preparation, it can be fairly straightforward. It’s important to keep track of deadlines and to use the correct forms for your individual situation. The Arizona Department of Revenue website is a great resource for all taxpayers and can provide answers to any questions you may have. Good luck with your taxes!
