Arizona State Income TaxesThe state of Arizona requires taxpayers to complete and file the state tax return by April 15th.
This page:
• Lists basic Arizona state tax information
• Links to the major Arizona income tax forms
• Shows you how you can save time and money by e-filing
Arizona state taxes at a glance:
Tax Rate Range: Low - 2.87%; High - 5.04%
Income Brackets*: Lowest - $10,000; Highest - $150,000
Number of Brackets: 5
Personal Exemptions: Single - $2,100; Married - $4,200;
Married with dependents $6,300; Dependent - $2,300; Senior - $2,300
Standard Deduction: Single - $3,500; Married filing joint return - $7,000
Medical/Dental Deduction: Limited to excess of 4% of adjusted gross income
Federal Income Tax Deduction: None
Note: * these numbers are for single taxpayers. For joint returns, the taxes are twice the tax imposed on half the income.
Filing your Arizona state income tax returnYou must file an Arizona tax return if your adjusted gross income is more than $11,000 for married joint filers or $5,500 for all other filers.
If you take the standard deduction on your federal income tax return, you can still itemize your deductions on your Arizona state income tax return.
To itemize your deductions, you must first complete the federal Schedule A (even if you don't file it) and your Arizona state Schedule A and attach them both to your state tax return.
Although you can deduct the amount you pay in state income tax on your federal income tax return, you cannot claim any amount paid in federal income tax a deduction on you Arizona state tax return.
Arizona tax laws do not allow a tax credit for children. However, for each child, you can claim an exemption.
Some common credits that are allowed in Arizona are the public school tax credit, the school tuition tax credit, and the family income tax credit.
Income reported on your federal income tax return is taxable in the state of Arizona. This means that retirement income received from another state is still taxable under Arizona laws.
However, if you are taxed twice on income earned in another state, you may be eligible for a tax credit depending upon your filing status with each state. For more information on these specific rules, check out Arizona’s Department of Revenue website.
Capital gains are taxed at the same rate as the rest of your income in Arizona.
Nonresidents that are employed in Arizona need to file an Arizona tax return.
Sidebar
You can work on your Arizona tax return online while filing your federal return (you can work on it for free, and pay nothing until you are ready to file).
Note: if you are filing more than one state return, you must file a paper return for each additional state, as TurboTax for The Web only allows one state prep.
Arizona income tax forms
The main Arizona tax forms are:
140 | 2006 Arizona Individual Income Tax Return| Instructions
140A | Short State Income Tax Return | Instructions
140 Schedule A | Itemized Deduction Adjustments
140PTC | Property Tax Refund Claim
If you need Arizona income tax forms that are not listed here, you can download them from the Arizona tax forms site.
Or, just simply e-file!
Additional AZ state taxes help
If you need help with your federal tax return, start with our basic guide to tax filing.
For additional help with filing AZ income tax returns, see the official site of the Arizona Department of Revenue.
|
 |
Filing your state taxes is easy!
Use TurboTax this year, and you are guaranteed the biggest refund, the most accurate return, and the piece of mind of knowing that both the IRS and your state's revenue department have received your filing.
Choose from the free program for simple returns, to the deluxe and premier products for those filing a full 1040 with schedules C/D and other forms.
You can have your return reviewed by a tax pro, too!
Start here.
Or how about a $600 refund - RIGHT NOW?
Well, okay, it's not really a refund, but if you save $600 on your auto insurance bill this year, isn't that the same as getting a small refund?
Get an instant quote from ten different insurers, and see what you can save.
|
