INSTRUCTIONS: ARKANSAS COMPOSITE ESTIMATED TAX DECLARATION VOUCHERS (Form AR1000CRES)
Every Arkansas taxpayer who is subject to the amended state Income Tax of 1987 is required to file a Declaration of Estimated Tax if they can reasonably expect their estimated tax owed to be in excess of $1,000. This form AR1000CRES can be obtained from the website maintained by the Arkansas Department of Finance and Administration.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 1: The first page of this document contains general instructions for completion.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 2: At the top of the second page, a composite estimated tax worksheet is provided solely for your records .On line 1, enter the taxable income you expect to receive in this calendar year.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 3: Multiply line 1 by .07. Enter the resulting product on line 2.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 4: On line 3, enter the estimated amount of income tax which will be withheld in the calendar year.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 5: Subtract line 3 from line 2. Enter the resulting difference on line 4.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 6: If line 4 is greater than $1,000, you must complete the voucher. In the first blank box of this form, found at the bottom of the page, enter your federal identification number.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 7: In the second blank box, enter your street address.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 8: In the third blank box, enter your city, state and zip code.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 9: In the fourth blank box, enter your telephone number.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 10: In the fifth blank box, enter the amount of the payment being submitted.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 11: Separate the voucher from the instructions by cutting along the dotted line.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 12: In the instructions portion of the page, a table is provided for you to record your estimated tax payments for your own financial records.
Arkansas Composite Estimated Tax Declaration Vouchers AR1000CRES Step 13: Mail the form to the address given in the instructions.
