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PRINT FORMAR1075CLEAR FORM ITSE2112021ARKANSAS INDIVIDUAL INCOME TAXDEDUCTION FOR TUITION PAID TO POSTSECONDARY EDUCATIONAL INSTITUTIONS Taxpayers nameTaxpayers social security number Relationship.

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Real Estate and Property Taxes: Real estate and property taxes can be deducted as an expense against income. Points Paid on Purchase or Refinanced Loans: The points that you pay at the closing table when you purchase a home are deductible for that year.

The deduction is limited to the lesser of 50% of the amount actually paid for the tuition or 50% of a “weighted average tuition” for institutes or colleges with the same classification. Amounts paid through scholarships, grants, and fellowships do not qualify. Expenses paid for fees, books, or lodging are not included.

Arkansas Tax Extension Form: To request an Arkansas-only extension, file Form AR1055 by the original due date of your return. Arkansas Extension Payment Requirement: An extension of time to file is not an extension of time to pay your Arkansas income tax.

The credit for taxes paid to another state is automatically calculated in your account when you add a Nonresident return to your already created resident Arkansas return if you pay taxes on the same income to both Arkansas and another state.

State Tax Forms The Arkansas Department of Finance and Administration distributes Arkansas tax forms and instructions in the following ways: In Person: Arkansas Revenue Office, 206 Southwest Drive, Jonesboro, AR. Phone: Arkansas Revenue Office, 870-932-2716 (Jonesboro) 1-800-882-9275 (Little Rock)

Instructions. This deduction is allowed for a portion of the tuition paid by the taxpayer as tuition for the taxpayer, the taxpayer's spouse or their dependent.

Tuition and fees are no longer tax deductible after 2020. The tuition and fees deduction was an adjustment to income if you incurred qualified education expenses for you, your spouse, or your dependent.

Education Credits This credit can help pay for undergraduate, graduate and professional degree courses — including courses to acquire or improve job skills. There is no limit on the number of years you can claim the credit. It is worth up to $2,000 per tax return.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232