AR4: Interest and Dividend (2024)
Arkansas · Arkansas DFA · Used for tax years 2024
Form AR4 is an Arkansas individual income tax schedule for reporting taxable interest and dividends by payer. It also reports income not subject to Arkansas tax, and its taxable interest and dividend totals are entered on Form AR1000F or AR1000NR.
Who files this form
The 2024 Arkansas AR4 reports taxable interest, taxable dividends, and income not subject to Arkansas tax. It includes directions for full-year residents, nonresidents, and part-year residents.
- Full-year residents: Complete columns A and B if using filing status 4, married filing separately on the same return. All other filing statuses complete column A only.
- Nonresidents and part-year residents: Complete columns A, B, and C if using filing status 4. All other filing statuses complete columns A and C only.
What you'll need
Have the following information ready:
- The primary taxpayer’s legal name and Social Security number.
- Payer names and amounts for taxable interest and dividends.
- Amounts of income reported in Part III as not subject to Arkansas tax.
If reporting railroad retirement benefits, attach Form 1099-RRB.
Common mistakes
- Claiming a dividend exclusion: The form states that dividends and other distributions on stock are fully taxable. Arkansas has no dividend exclusion.
- Leaving out interest from other states’ obligations: Interest on obligations of other states and their subdivisions is fully taxable.
- Not transferring totals: Add the taxable interest amounts and enter the total on line 10 of Form AR1000F or AR1000NR. Add the taxable dividend amounts and enter the total on line 11.
- Missing the railroad retirement attachment: The form directs you to attach Form 1099-RRB for railroad retirement benefits.
Questions people ask
What types of interest are taxable?
Part I lists interest on bank deposits, notes, mortgages from individuals, corporation bonds, savings and loan deposits, and credit union deposits. Interest on obligations of other states and their subdivisions is also fully taxable.
Does Arkansas allow a dividend exclusion?
No. The form states that dividends and other distributions on stock are fully taxable and that no dividend exclusion applies to Arkansas.
Where do I enter the AR4 totals on my income tax return?
Enter the taxable interest total on line 10 and the taxable dividend total on line 11 of Form AR1000F or AR1000NR.
What income categories appear in Part III?
Part III, Income Not Subject to Arkansas Tax, lists Social Security, railroad retirement benefits, ministers housing allowance, and “Other.” It directs filers to see instructions on pages 10 and 11 and to attach Form 1099-RRB for railroad retirement benefits.