140PTC: Tax Refund (Credit) Claim Form (2024)

Who files this form

Use Arizona Form 140PTC to claim the property tax refund (credit) for 2024. The form lists these qualifications:

• You were an Arizona resident for all of 2024.
• You paid property taxes on your home, paid rent, or paid a combination of both in 2024.
• This is the only property tax refund being claimed in your household.
• You were age 65 or older in 2024, or you received Title 16 SSI payments in 2024.

The credit schedule depends on your household income and whether you lived alone or with others. Schedule 1 shows no credit for household income of $3,751 or more if you lived alone. Schedule 2 shows no credit for household income of $5,501 or more if you lived with your spouse or another person.

When it's due

For tax year 2024, you must file Form 140PTC or Arizona Form 204 by April 15, 2025.

What you'll need

Have the following information and documents ready, as applicable:

• Your Social Security number, required birth date, address, and daytime phone number. For a joint claim, include your spouse’s name and Social Security number.
• Income information for you, your spouse, and other household members to complete Part 1. If you report other income on line I, identify its source on a separate sheet.
• Proof of property taxes actually paid during 2024 if you owned your property.
• Form 201 if you rented.
• Proof of Title 16 SSI payments if you received them in 2024.
• The name, Social Security number, and address of the taxpayer who claimed you as a dependent, if applicable.
• Dependents’ names, Social Security numbers, relationships to you, and months lived in your home in 2024 if completing Part 2.
• Your bank routing number, account number, and account type if requesting direct deposit.

How to file

1. Complete the qualification questions on page 1 and the household income schedule in Part 1 on page 2.
2. Use Schedule 1 if you lived alone, or Schedule 2 if you lived with your spouse or another person. Enter the scheduled credit on line 11.
3. Enter the applicable property tax amounts on lines 12 and 13. Add them on line 14, then enter the smaller of line 11 or line 14 on line 15.
4. Complete Part 2 for the increased excise tax credit if applicable, and finish the total credit calculation on page 1.
5. Sign and date the claim on page 2. The form also provides a spouse’s signature line for a joint claim. Include the required supporting documents, but do not staple anything to the claim.

Mail to:

Arizona Department of Revenue

PO Box 52138

Phoenix, AZ 85072-2138

If an amended claim shows an amount to pay on line 22, make the check payable to Arizona Department of Revenue, write your Social Security number on the payment, and include it with Form 140PTC.

Common mistakes

• Do not staple any items to the claim or mark the area labeled “Revenue Use Only.”
• If you own a mobile home but rent the space, check Rent, not Own.
• Include proof of property taxes paid, Form 201, or proof of SSI payments when the form requires it.
• Do not include Social Security or railroad retirement benefits on Part 1, line E.
• If someone else claimed you as a dependent, complete line 16, skip lines 17 and 18, and do not complete Part 2.
• Do not complete Part 2 if you were sentenced to a county, state, or federal prison for at least 60 days of 2024. On a joint claim, you cannot claim the excise tax credit for a spouse who meets that condition.
• For a first claim for 2024, stop after line 19 and go to the signature box. For an amended claim, complete lines 20 through 22 and check box 95.

Questions people ask

Can I qualify if I was younger than 65 in 2024?

The form allows you to meet the age-or-SSI requirement if you received Title 16 SSI payments in 2024. Include proof of those payments. You must also meet the other qualification requirements.

How is the property tax credit calculated?

Use your total household income and the appropriate schedule to find the credit for line 11. The schedules show a maximum of $502. Your property tax credit on line 15 is the smaller of the scheduled credit or the total property taxes on line 14.

Can I claim the increased excise tax credit on this form?

Part 2 calculates this credit at $25 per person counted under its lines 2 through 4, up to $100. Do not complete Part 2 if someone else claimed you as a dependent or if you meet the form’s prison-sentence restriction.

Can I request direct deposit?

Yes. The form has fields for your routing number and account number, plus boxes for checking or savings. Check box 19A if the deposit will ultimately be placed in a foreign account; the form directs you to the instructions for that situation.

Official sources

• https://azdor.gov/forms