Fillable Form Mo-Pts - Property Tax Credit - 2010 printable pdf download

Attachment Sequence No. 1040-07 and 1040P-01

2010

MISSOURI DEPARTMENT OF REVENUE

FORM

MO-PTS

PROPERTY TAX CREDIT

THIS FORM MUST BE ATTACHED TO FORM MO-1040 OR FORM MO-1040P.

LAST NAME

FIRST NAME

INITIAL BIRTHDATE

SOCIAL SECURITY NO.

_ _ / _ _ / _ _ _ _

SPOUSE’S LAST NAME

FIRST NAME

INITIAL BIRTHDATE

SPOUSE’S SOCIAL SECURITY NO.

_ _ / _ _ / _ _ _ _

You must check a qualification to be eligible for a credit. Check only one. Copies of letters, forms, etc., must be included with claim.

A. 65 years of age or older (Attach a copy of Form

C. 100% Disabled (Attach a copy of the letter from Social

Security Administration or Form SSA-1099.)

SSA-1099.)

B. 100% Disabled Veteran as a result of military service

D. 60 years of age or older and received surviving

(Attach a copy of the letter from Department of

spouse benefits (Attach a copy of Form SSA-1099.)

Veterans Affairs.)

If married filing combined,

FILING STATUS

Single

Married — Filing Combined

Married — Living Separate for Entire Year

you must report both incomes.

Failure to provide the attachments listed below

(rent receipt(s), tax receipt(s), Forms 1099, W-2, etc.) will result in denial or delay of your claim.

1. Enter the amount of income from Form MO-1040, Line 6, OR Form MO-1040P, Line 4. . . . . . . . . . . . . . . . . . . . . . . . .

2. Enter the amount of nontaxable social security benefits received by you and/or your minor children

before any deductions and/or the amount of social security equivalent railroad retirement benefits.

Line 2

Attach a copy of Form SSA-1099 and/or RRB-1099. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3. Enter the total amount of pensions, annuities, dividends, rental income, or interest income not included in Line 1.

Include tax exempt interest from Form MO-A, Part 1, Line 7 (if filing Form MO-1040).

Line 3

Attach Forms W-2, 1099, 1099-R, 1099-DIV, 1099-INT, 1099-MISC, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4. Enter the amount of railroad retirement benefits (not included in Line 2) before any deductions.

Line 4

Attach Form RRB/1099-R (Tier II). If filing Form MO-1040, refer to Form MO-A, Part 1, Line 9. . . . . . . . . . . . . . . . .

5. Enter the amount of veteran’s payments or benefits before any deductions.

Line 5

Attach letter from Veterans Affairs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6. Enter the total amount received by you and/or your minor children from: public assistance, SSI, child support, or

Temporary Assistance payments (TA and/or TANF).

Attach a copy of Forms SSA-1099, a letter from the Social Security Administration and/or Social Services that

Line 6

includes the total amount of assistance received and Employment Security 1099, if applicable. . . . . . . . . . . . . . .

7. Enter the amount of nonbusiness loss(es). You must include nonbusiness losses in your household income

Line 7

(as a positive amount) here. (Include capital loss from Federal Form 1040, Line 13.) . . . . . . . . . . . . . . . . . . . . . . .

8. TOTAL household income — Add Lines 1 through 7. Enter total here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9. Mark the box that applies and enter the appropriate amount.

a. Enter $0 if filing status is Single or Married Living Separate;

If married and filing combined;

b. Enter $2,000 if you rented or did not own your home for the entire year;

Line 9

c. Enter $4,000 if you owned and occupied your home for the entire year; . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10. Net household income — Subtract Line 9 from Line 8 and enter the amount; mark the box that applies.

a. If you rented or did not own and occupy your home for the entire year, Line 10 cannot exceed $27,500.

If the total is greater than $27,500, STOP - no credit is allowed. Do not file this claim.

Line 10

b. If you owned and occupied your home for the entire year, Line 10 cannot exceed $30,000.

If the total is greater than $30,000, STOP - no credit is allowed. Do not file this claim. . . . . . . . . . . . . . . . .

11. If you owned your home, enter the total amount of property tax paid for your home less special assessments.

Attach a copy of PAID real estate tax receipt(s). If your home is on more than five acres or you own a

Line 11

mobile home, attach Form 948, Assessor’s Certification. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Go to MO-CRP

12. If you rented, enter amount from Form MO-CRP, Line 9. Attach rent receipts and/or a statement from your landlord.

NOTE: If you rent from a facility that does not pay property tax, you are not eligible for a Property Tax Credit. . . . .

Line 12

13. Add Lines 11 and 12. If you rented your home, enter the total or $750, whichever is less. If you owned your home,

Line 13

enter the total or $1,100, whichever is less. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14. Apply Lines 10 and 13 to the chart in the instructions for MO-1040, pages 41-43 or MO-1040P, pages 29-31 to figure

your Property Tax Credit. You must use the chart to see how much credit you are allowed.

Note: Renters - maximum allowed is $750. Owners - maximum allowed is $1,100.

Enter this amount on Form MO-1040, Line 38 OR Form MO-1040P, Line 20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Line 14

THIS FORM MUST BE ATTACHED TO FORM MO-1040 OR FORM MO-1040P.

MO 860-2993 (12-2010)

Back to MO-1040, page 2

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