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|X||X||X||X||Interest from U.S. Government Obligations||71|
|–||X||X||X||Medical Savings Account (MSA)||72|
|–||X||X||X||Utah Educational Savings Plan (UESP)||73|
|–||X||X||X||Health Care Insurance Premiums||74|
|–||X||X||X||Long-Term Care Insurance Premiums||75|
|X||X||X||X||Native American Income (including nation/tribe codes)||77|
|X||X||X||X||Equitable Adjustments (other)||79|
|X||–||–||–||State Tax Refund Included in Federal Income||80|
|–||X||X||X||Gains on Capital Transactions||81|
|X||X||X||X||Nonresident Active Duty Military Pay||82|
|X||X||X||–||State Tax Refund Distributed to Beneficiary of Trust||85|
Interest earned on U.S. Government obligations issued by a U.S. agency is exempt from state income tax. This includes:
The following income is NOT exempt from Utah state income tax:
The instrument qualifies as a U.S. Government obligation if it:
Only interest or dividend income from U.S. Government obligations included in your federal adjusted gross income is exempt from Utah income tax. Before entering an amount, subtract any related interest expense on money borrowed to purchase bonds the obligation or securities.
Keep all records, forms and worksheets to support this deduction.UC§59-10-114(2)(b) and (e)
An enrolled member of a Utah Native American tribe living and working on the reservation where enrolled is exempt from Utah income tax on the reservation income. An enrolled member of the Ute tribe who works on the Uintah and Ouray Reservation and lives on land removed from that reservation under Hagen vs. Utah (510 U.S. 399 (1994)) is exempt from Utah income tax on the reservation-earned income earned.
On TC-40A, Part 2, using code 77, enter the exempt income included in your federal adjusted gross income. Enter your enrollment/census number and a Native/Tribe Code from the list below in the box designating to which nation/tribe you belong.
|Native American Nation/Tribe||Code|
|Confederated Tribes of the Goshute Reservation||
|Navajo Nation Reservation||
|Paiute Indian Tribe of Utah Reservation||
|Skull Valley Bank of Goshute Indians||
|Ute Indian Tribe||
Federal law does not allow states to tax railroad retirement or disability income received from the Railroad Retirement Board on form RRB-1099. States also cannot tax unemployment and sickness benefits from this source. If you use a railroad retirement pension from this form to calculate the retirement credit on form TC-40C for a taxpayer under age 65, do not deduct the amounts again on TC-40A, Part 2.
Railroad retirement pensions are deductible on the Utah return as much as is taxable on the federal return. If you received pension payments, disability income or unemployment payments under the Railroad Retirement Act and must report all or part of the amount received as income on federal form 1040 lines 16b or 20b (or federal form 1040A lines 12b or 14b), you may deduct that amount from Utah income. If amounts from sources besides railroad retirement are included on federal form 1040 lines 16b or 20b (or federal form 1040A lines 12b or 14b), only deduct the railroad retirement amounts.UC§59-10-115(1)
Enter any qualified equitable adjustment needed to prevent a double tax benefit or detriment. Attach a schedule or explanation of any equitable adjustments claimed.UC§59-10-114(2)(c)
If you itemized your deductions on your 2007 federal form 1040, you may deduct the amount reported on your 2008 federal form 1040, line 10.UC§59-10-103(1)(l)
Active duty military service pay received by a nonresident is not taxable on the Utah return. The amount of active duty military pay included in federal adjusted gross income should be deducted on TC-40A, Part 2, using code 82. Also, see instructions for line 30 on TC-40B and Pub 57.UC§59-10-114(2)(c)
A taxpayer may deduct any state tax refund distributed to a beneficiary of a resident trust as much as the state tax was included in computing federal income of the resident trust for the year.