CCH Axcess Tax

Missouri General Information

The following forms are prepared for full and part-year residents:

MO-60	Application for Extension of Time to File
MO-1040ES	Estimated Tax Worksheet for Individuals
MO-8453	Individual Income Tax Declaration for Internet or Electronic Filing
MO-1040V	Income Tax Payment Voucher
MO-1040	Income Tax Return
MO-2210	Underpayment of Estimated Tax by Individuals
MO-A	Individual Income Tax Adjustments
MO-HEA	Home Energy Audit Expense
MO-CR	Credit for Income Taxes Paid to Other States or Political Subdivisions
MO-CRP	Certification of Rent Paid for 2012
MO-PTS	Property Tax Credit
MO-TC	Miscellaneous Income Tax Credits
MO-FPT	Food Pantry Tax Credit
MO-SHC	Self-Employed Health Insurance Tax Credit
MO-2827	Power of Attorney

The following forms are prepared for nonresident and part-year nonresidents:

MO-60	Application for Extension of Time to File
MO-1040ES	Estimated Tax Worksheet for Individuals
MO-8453	Individual Income Tax Declaration for Internet or Electronic Filing
MO-1040V	Income Tax Payment Voucher
MO-1040	Income Tax Return
MO-2210	Underpayment of Estimated Tax by Individuals
MO-L	Increase to Standard Deduction for Certain Filers
MO-A	Individual Income Tax Adjustments
MO-HEA	Home Energy Audit Expense
MO-NRI	Missouri Income Percentage
MO-TC	Miscellaneous Income Tax Credits
MO-FPT	Food Pantry Tax Credit
MO-SHC	Self-Employed Health Insurance Tax Credit
MO-2827	Power of Attorney

Federal Forms for Missouri Tax Returns

The appropriate federal forms and schedules will be provided with the Missouri income tax return.

FS and State Code

Refer to the explanation of the use of FS and State code entries in the General Instructions chapter of the federal >instruction guide.

The FS and State boxes provide the ability to control which entries carry to the federal or state tax return(s).

FS	State	Action
blank	blank	Federal and home state
F	blank	Federal only
S	blank	Home state only
blank	XX	Federal & indicated state **
F	XX	Federal & indicated state
S	XX	Indicated state only

** On multi-state returns, this entry will be included in income on the federal return, the full-year resident state return and the indicated state.

This entry scheme applies to items of income only. It does not apply to state withholding, other tax payments footnotes, credits or additional taxes since these items relate to only the indicated state.

The first column is the FS code. The word "blank" in this column indicates no entry was made in the FS code box. The only other possible entries are "F" or "S".

The second column is the state code. The word "blank" indicates no entry was made. "XX" represents the alphabetic state code.

The third column specifies the returns that will include the entries in the related boxes following the FS and state entries.

TSJ Options

Refer to the explanation of the use of TSJ options entries in the General Instructions chapter of the federal instruction guide.

TSJ options are used to split income between the taxpayer and spouse in the computation of Missouri tax. Enter "T" if the entry is for the taxpayer. Enter "S" if the entry is for the spouse. If the option "J" is chosen, 50 percent of the entry will be allocated to the taxpayer and the remainder to the spouse. If a combined Missouri return is being filed and no TSJ option is entered, refer to the specific interview form sections of this instruction guide for the allocation that is made.

Filing Status Optimization

Refer to the explanation of the processing options related to Filing Status Optimization in the Interview Form 5 chapter of the federal instruction guide.

Two separate tax return files can be produced from one original set of interview forms or entries. The basis for segregating the return information is the existing TS or TSJ options, the FSO boxes, and any other taxpayer/spouse designations on the federal, state or city interview forms.

Processing options related to the Filing Status Optimization are available on federal General worksheets. This feature is only available to in-office users and can be requested using the menu selection "Options"/"Split Joint Return" on joint returns only. Once the option is selected, two additional separate returns will be created that must then be accessed individually for further processing such as additional entries, corrections, calculations, review and printing.

The Filing Status Comparison, which can be requested on the General > Return Options worksheet, can be used in advance to approximate the tax effect of filing separate returns and accordingly can be used as a basis for deciding which joint returns to split.

Depreciation

Missouri allows federal depreciation. Therefore, the use of state depreciation boxes is not required. If state depreciation entries are made, the Missouri return may be incorrect.

Qualifying assets placed in service after September 10, 2001 through June 30, 2003 automatically calculate the federal bonus depreciation as well as the corresponding adjustment for the state disallowed portion of the bonus depreciation. Specific assets may be excluded from the bonus calculation entirely by making an entry on federal Income/Deductions > Itemized deductions worksheet.

Missouri deconformed with federal bonus depreciation for assets acquired July 1, 2002 through June 30, 2003. No adjusting entries need to be made as the system will compute the differences. However, override boxes are available on Missouri Income/Deductions > Modifications worksheet, line 13 and Itemized deductions worksheet, line 1.

State Taxable Income Basis

Resident. The Missouri Form MO-1040 starts with adjusted gross income from the federal return. Additions and subtractions to federal adjusted gross income are added/deducted to arrive at Missouri taxable income. Residents are subject to tax on income earned outside of Missouri, and a credit is allowed for tax paid to another state.

Part-Year and Nonresident. Part-year and nonresidents must separate their income reported on the federal return between all sources and Missouri sources on Form MO-NRI. The Missouri program uses "FS" and "State" codes on federal worksheets to identify income applicable to Missouri. Taxpayer/Spouse Income: Missouri requires all items of income and adjustments be separated between taxpayer and spouse. The use of “TSJ” codes on interview forms is required when filing a Missouri combined return.

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