Get the free 2012 Louisiana Resident Income Tax Return (Form IT-540) - rev state la

This document contains resident tax forms, schedules, worksheets, and instructions for filing Louisiana individual income tax returns for the year 2012.

How to fill out 2012 louisiana resident income

How to fill out 2012 Louisiana Resident Income Tax Return (Form IT-540)

1. Obtain Form IT-540 from the Louisiana Department of Revenue website or a local office.
2. Fill in your personal information at the top of the form, including your name, address, and Social Security number.
3. Indicate your filing status (single, married filing jointly, etc.) in the designated section.
4. Report your income in the appropriate sections, including wages, interest, dividends, and other sources of income.
5. Claim any deductions for which you qualify, such as federal income tax paid, and itemized or standard deductions.
6. Calculate your taxable income by subtracting your deductions from your total income.
7. Use the tax tables provided in the instructions to determine your tax liability based on your taxable income.
8. Report any tax credits you are eligible for, reducing your total tax liability.
9. Fill out the payment section if you owe taxes; if you are due a refund, complete that section accordingly.
10. Sign and date the form before submitting it, and ensure you send it to the correct address as indicated in the instructions.

Who needs 2012 Louisiana Resident Income Tax Return (Form IT-540)?

1. Louisiana residents who earned income during the year 2012.
2. Any individual who is required to file a federal tax return and meets the state income tax limits.
3. Residents who have received income from sources such as wages, self-employment, or investments.

People Also Ask about

What is a form 540 in Louisiana?

Resident taxpayers who are required to file a federal individual income tax return are required to file a Louisiana income tax return, IT-540, reporting all of their income. If a Louisiana resident earns income in another state, that income is also taxable by Louisiana.

Who is required to file a Louisiana tax return?

Louisiana resident individuals who are required to file a federal income tax return are required to file a Louisiana income tax return. Nonresident individuals who earn net income from property located in La., from services rendered in La., from business transacted in La., or from sources within La.

Are you required to file a Louisiana resident tax return?

Louisiana resident individuals who are required to file a federal income tax return are required to file a Louisiana income tax return. Nonresident individuals who earn net income from property located in La., from services rendered in La., from business transacted in La., or from sources within La.

Where can I get Louisiana tax forms?

Most forms can be downloaded from the Department website on the Tax Forms page at this link. Alternatively, forms can be requested by calling (888)-829-3071, option 6 or by leaving a voice message at (225) 219-2113. It is helpful to know the form number you are requesting.

What deductions can I claim in Louisiana?

What type of income can I subtract from my Louisiana return? Louisiana State Employees' Retirement Benefits. Annual Retirement Income Exemption for Taxpayers 65 Years of Age or Older. Louisiana School Expense Deduction. Taxable Social Security. COVID-19 Relief Benefits. Other Subtractions: Program Entry.

What is a 540 form in Louisiana?

Resident taxpayers who are required to file a federal individual income tax return are required to file a Louisiana income tax return, IT-540, reporting all of their income. If a Louisiana resident earns income in another state, that income is also taxable by Louisiana.

Why does Louisiana have two taxes?

The State of Louisiana and the parish in which the event is being held are two separate taxing jurisdictions. The state tax rate, administered by the Louisiana Department of Revenue, is 5%.

How to file a Louisiana income tax return?

To file state individual and business tax returns electronically for tax years 2024 and later, you must log into your Louisiana Taxpayer Access Point (LaTAP) account. If you do not have a LaTAP account, you can create one here. For tax years 2023 and earlier, you can file state individual income tax returns online.

For pdfFiller’s FAQs

What is 2012 Louisiana Resident Income Tax Return (Form IT-540)?

The 2012 Louisiana Resident Income Tax Return (Form IT-540) is the official tax form used by residents of Louisiana to report their income, claim deductions and credits, and calculate their state income tax liability for the tax year 2012.

Who is required to file 2012 Louisiana Resident Income Tax Return (Form IT-540)?

Residents of Louisiana who have income exceeding a certain threshold or who meet specific residency and filing requirements are required to file the 2012 Louisiana Resident Income Tax Return (Form IT-540). This typically includes individuals and married couples filing jointly with income from various sources.

How to fill out 2012 Louisiana Resident Income Tax Return (Form IT-540)?

To fill out the 2012 Louisiana Resident Income Tax Return (Form IT-540), taxpayers must provide personal information, report their total income, claim any applicable deductions and credits, and compute their tax liability. The form includes detailed instructions that guide filers through each section.

What is the purpose of 2012 Louisiana Resident Income Tax Return (Form IT-540)?

The purpose of the 2012 Louisiana Resident Income Tax Return (Form IT-540) is to enable Louisiana residents to accurately report their income to the state, calculate the amount of tax due, and fulfill their legal obligation to pay state income taxes.

What information must be reported on 2012 Louisiana Resident Income Tax Return (Form IT-540)?

The information that must be reported on the 2012 Louisiana Resident Income Tax Return (Form IT-540) includes personal identification details, total income, non-taxable income, deductions, credits, and the resulting tax amount owed or refund due.