ustxtxb_obs_2006_04_21_50_00001-00000_000.pdf

Th e Texas Observer APRIL 21, 2006 $2 25 2006 FORM 104 TEXAS INDIVIDUAL INCOME TAX RETURN Departmental Use Only 1 ENTER AMOUNT from federal Form 1040, line 43; or from federal Form 1040A, line 27; or from federal 1 ADDITIONS TO FEDERAL TAXABLE INCOME 2 Enter the amount of the state income tax deduction, if any, you claimed on Schedule A of your federal Form 1040, line 5 2 3 Other additions, explain: 3 4 Total of lines 1 through 3 4 SUBTRACTIONS FROM FEDERAL TAXABLE INCOME 5 Enter the amount of state income tax refund, if any, you reported on line 10 of your federal Form 1040 5 6 United States government interest 6 7 Pension-annuity subtraction, taxpayer 7 8 Pension-annuity subtraction, spouse 8 9 Total of lines 5 through 8 9 10 TOTAL TEXAS TAXABLE INCOME, line 4 minus line 9 10 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 Could you imagine filling out a form like this in Texas? What if it would save you money and improve public schools? Would it be worth the hassle? INCOME TAX AND CREDITS 11 TEXAS TAX from the tax table. Part-year residents and nonresidents enter tax from line 36, Form 104TX 11 .00 .00 12 Contributions to Don’t Mess With Texas program 12 .00 13 Immense Vehicle credit, if more than one, fill out Form 104SUV 13 .00 14 Ammunition and meat processing credits 14 15 .00 15 Contributions to Save the Jackalope Foundation A STATE INCOME TAX: THE BEST IDEA THEY WON’T TALK ABOUT by Dave Mann Instructions: Refer to page 6 for the article that discusses the implications of a state income tax. Notice opposing viewpoints and consider the pros and cons of the once-unspeakable concept of taxing your income. Also read: WHAT THEY’RE ACTUALLY TALKING ABOUT on page 8. Paul Sweeney on the Sharp commission’s business tax proposal. 0 141118117