Listed below, are the Arkansas subtractions from income that are available on your Arkansas state return:
Subtractions From Income
- Self-Employed Health Insurance Deduction
- Military Income Exclusion
- Military Spouse Relief Act, Form AR-MS
- Disabled Individual Certificate, Form AR1000DC (up to $500)
- Military Retirement
- Arkansas Pension Exclusion (up to $6,000)
- Interest Paid on Student Loans (limited to $2,500 - carried automatically from Federal return entry)
- Alimony Paid Deduction
- Teachers Qualified Classroom Investment Expense, Form AR1000CE
Miscellaneous Subtractions
- Contributions to an HSA (high deductible plan contributions only)
- Student loan interest deduction to allocate to the spouse when applicable (If box left blank, all student loan interest will be allocated to the taxpayer when filing as married filing combined.)
- Alimony Paid Deduction (needed if joint amount required and name of recipient)
- Intergenerational Trust (limited to $4,000)
- Border City Exemption (you MUST file using a Texarkana, AR or Texarkana, TX street address)
- Adjustment Reforestation Deduction
- Qualifying unreimbursed expenses for Organ Donor Deduction
- Military Reserve Expenses
- Tuition Savings Account (cannot exceed $5,000, amounts exceeded can be carried forward)
- Achieving a Better Life Experience Program Contribution (up to $5,000)
Program Entry
- State Section
- Edit Arkansas state return
- Subtractions from Income