What type of income can I subtract on my Arkansas return?

Listed below, are the Arkansas subtractions from income that are available on your Arkansas state return:

• Self-Employed Health Insurance Deduction
• Military Income Exclusion
• Military Spouse Relief Act, Form AR-MS
• Disabled Individual Certificate, Form AR1000DC (up to $500)
• US Military Pension
• Arkansas Pension Exclusion (up to $6,000)
• Interest Paid on Student Loans (limited to $2,500)
• Alimony Paid Deduction
• Teachers Qualified Classroom Investment Expense, Form AR1000CE

Miscellaneous Subtractions 

• Contributions to an MSA
• Contributions to an HSA (high deductible plan contributions only)
• Alimony Paid Deduction (needed if joint amount required)
• Intergenerational Trust (limited to $4,000)
• Organ Donation (up to $10,000)
• Border City Exemption
• Adjustment Reforestation 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

1. State Section
2. Subtractions from Income