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1040ez Fillable Form

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1040ez Fillable Form

1040ez fillable form Index Symbols 30% Tax, The 30% Tax , Residents of Canada or Mexico engaged in transportation-related employment. 1040ez fillable form , Students, teachers, and researchers. 1040ez fillable form A Accuracy-related penalties, Accuracy-related penalty. 1040ez fillable form Additional Medicare Tax, Additional Medicare Tax. 1040ez fillable form , Additional Medicare Tax. 1040ez fillable form Adoption credit Dual-status alien, Adoption credit. 1040ez fillable form Nonresident alien, Adoption credit. 1040ez fillable form Resident alien, Adoption credit. 1040ez fillable form Agricultural workers, Agricultural workers. 1040ez fillable form , Agricultural Workers Alien Nonresident, Nonresident Aliens, Nonresident Aliens, Nonresident Aliens Resident, Resident Aliens, Resident Aliens, Resident Aliens Alien status, employer notification of, Notification of Alien Status Alternative minimum tax, Alternative minimum tax. 1040ez fillable form Amended returns, Amended Returns and Claims for Refund American Samoa, residents of, Aliens From American Samoa or Puerto Rico, Special rules for aliens from certain U. 1040ez fillable form S. 1040ez fillable form possessions. 1040ez fillable form , Bona Fide Residents of American Samoa or Puerto Rico Annuities Income, Income from certain annuities. 1040ez fillable form Source rule, Pensions and Annuities Asset-use test, Asset-use test. 1040ez fillable form Assistance (see Tax help) Athletes, professional, Professional athletes. 1040ez fillable form Awards, Scholarships, Grants, Prizes, and Awards B Basis of property, Depreciable property. 1040ez fillable form Beneficiary of estate or trust, Beneficiary of an estate or trust. 1040ez fillable form Business expenses, ordinary and necessary, Ordinary and necessary business expenses. 1040ez fillable form Business operations, Business operations. 1040ez fillable form Business profits and losses and sales transactions, Business Profits and Losses and Sales Transactions Business, U. 1040ez fillable form S. 1040ez fillable form , Trade or Business in the United States Business-activities test, Business-activities test. 1040ez fillable form C Canada Commuters, Regular commuters from Canada or Mexico. 1040ez fillable form Exemptions, Exemptions Personal exemption, Resident Aliens Qualifying widow filing status, Qualifying widow(er). 1040ez fillable form Residents of, Residents of Mexico or Canada or U. 1040ez fillable form S. 1040ez fillable form nationals. 1040ez fillable form Social security benefits, Special Rule for Canadian and German Social Security Benefits Transportation-related employment, Residents of Canada or Mexico engaged in transportation-related employment. 1040ez fillable form Withholding tax, U. 1040ez fillable form S. 1040ez fillable form nationals or residents of Canada, Mexico, or South Korea. 1040ez fillable form Capital assets, sales or exchanges, Sales or Exchanges of Capital Assets Casualty and theft losses, Casualty and theft losses. 1040ez fillable form Central withholding agreements, Central withholding agreements. 1040ez fillable form Charitable contributions, Charitable contributions. 1040ez fillable form Child and dependent care credit Dual-status alien, Child and dependent care credit. 1040ez fillable form Nonresident alien, Child and dependent care credit. 1040ez fillable form Resident alien, Child and dependent care credit. 1040ez fillable form Child tax credit Resident alien, Child tax credit. 1040ez fillable form , Child tax credit. 1040ez fillable form , Child tax credit. 1040ez fillable form Claims for refund, Amended Returns and Claims for Refund Closer connection, Closer Connection to a Foreign Country Commodities, trading in, Trading in stocks, securities, and commodities. 1040ez fillable form Community income, Community Income Commuters from Canada or Mexico, Regular commuters from Canada or Mexico. 1040ez fillable form Compensation for labor or personal services Geographical basis, Geographical Basis Contingent interest, Contingent interest. 1040ez fillable form Credit for the elderly or the disabled Dual-status alien, 6) Tax credits. 1040ez fillable form Resident alien, Credit for the elderly or the disabled. 1040ez fillable form Credits against tax Child and dependent care credit, Child and dependent care credit. 1040ez fillable form , Child and dependent care credit. 1040ez fillable form Child tax credit, Child tax credit. 1040ez fillable form , Child tax credit. 1040ez fillable form , Child tax credit. 1040ez fillable form Credit for the elderly or the disabled, 6) Tax credits. 1040ez fillable form Dual-status alien, Credits Earned income credit, Earned income credit. 1040ez fillable form , 6) Tax credits. 1040ez fillable form Education credits, Education credits. 1040ez fillable form , Education credits. 1040ez fillable form , 6) Tax credits. 1040ez fillable form Excess social security tax withheld, Excess social security tax withheld. 1040ez fillable form Foreign tax credit, Foreign tax credit. 1040ez fillable form , Foreign tax credit. 1040ez fillable form Hope credit, Education credits. 1040ez fillable form , Education credits. 1040ez fillable form Lifetime learning credit, Education credits. 1040ez fillable form , Education credits. 1040ez fillable form Retirement savings contributions, Retirement savings contributions credit. 1040ez fillable form , Retirement savings contributions credit. 1040ez fillable form , Retirement savings contributions credit. 1040ez fillable form Tax paid on undistributed long-term capital gains, Tax paid on undistributed long-term capital gains. 1040ez fillable form Tax withheld at source, Tax withheld at the source. 1040ez fillable form Tax withheld on partnership income, Tax withheld on partnership income. 1040ez fillable form Withholding from wages, Withholding from wages. 1040ez fillable form Crew members Alien status, Crew members. 1040ez fillable form Compensation, Crew members. 1040ez fillable form Currency, transporting, Other Forms You May Have To File D Days of presence, Days of Presence in the United States De minimis presence, De minimis presence. 1040ez fillable form Deductions, Deductions, Itemized Deductions Departure permit, When to get a sailing or departure permit. 1040ez fillable form Depreciable property, Depreciable property. 1040ez fillable form Diplomats (see Foreign government employees) Direct economic relationship, Personal Service Income Disclosure statement, Disclosure statement. 1040ez fillable form Dividends, U. 1040ez fillable form S. 1040ez fillable form source income, Dividends Dual-status aliens, Dual-Status Aliens Dual-status tax year, Dual-Status Aliens, Dual-Status Tax Year Child care credit, Child and dependent care credit. 1040ez fillable form Computation of tax, How To Figure Tax Credit for the elderly or the disabled, 6) Tax credits. 1040ez fillable form Earned income credit, 6) Tax credits. 1040ez fillable form Education credit, 6) Tax credits. 1040ez fillable form Exemptions, 2) Exemptions. 1040ez fillable form Foreign tax credit, Foreign tax credit. 1040ez fillable form Forms to file, Forms To File Head of household. 1040ez fillable form , 3) Head of household. 1040ez fillable form Income subject to tax, Income Subject to Tax Joint return, 4) Joint return. 1040ez fillable form Residency ending date, Dual-Status Aliens Residency starting date, Dual-Status Aliens Restrictions, Restrictions for Dual-Status Taxpayers Standard deduction, 1) Standard deduction. 1040ez fillable form Tax rates, 5) Tax rates. 1040ez fillable form When and where to file, When and Where To File E Earned income credit Dual-status alien, 6) Tax credits. 1040ez fillable form Nonresident alien, Earned income credit. 1040ez fillable form Resident alien, Earned income credit. 1040ez fillable form Education credits Dual-status alien, 6) Tax credits. 1040ez fillable form Nonresident alien, Education credits. 1040ez fillable form Resident alien, Education credits. 1040ez fillable form Effectively connected income, Effectively Connected Income Foreign income, Foreign Income Investment income, Investment Income Pensions, Pensions. 1040ez fillable form Real property gain or loss, Real Property Gain or Loss Real property income choice, Income From Real Property Tax on, Tax on Effectively Connected Income Transportation income, Transportation Income Employees of foreign governments, Employees of foreign governments. 1040ez fillable form Employees of international organizations, Employees of international organizations. 1040ez fillable form Employees, household, Household employees. 1040ez fillable form Employees, withholding exemption under tax treaty, Employees and independent contractors. 1040ez fillable form Employer identification number, Employer identification number (EIN). 1040ez fillable form Estate, beneficiary, Beneficiary of an estate or trust. 1040ez fillable form Estimated tax, Paying Tax Through Withholding or Estimated Tax , Estimated Tax Form 1040-ES (NR) Excess social security tax, Excess social security tax withheld. 1040ez fillable form Exchange visitors, Exchange Visitors Income from foreign employer, Students and exchange visitors. 1040ez fillable form Social security and Medicare taxes, Students and Exchange Visitors Exclusions from gross income, Exclusions From Gross Income Annuities, Income from certain annuities. 1040ez fillable form Compensation from a foreign employer, Students and exchange visitors. 1040ez fillable form Gambling winnings, dog or horse racing, Gambling Winnings From Dog or Horse Racing Students and exchange visitors, Students and exchange visitors. 1040ez fillable form Treaty income, Income affected by treaties. 1040ez fillable form , Treaty Income Exempt individual, Exempt individual. 1040ez fillable form Exemption from withholding Employees, Employees and independent contractors. 1040ez fillable form Independent contractors, Employees and independent contractors. 1040ez fillable form Students, teachers, and researchers, Students, teachers, and researchers. 1040ez fillable form Exemptions Dual-status taxpayer, Exemptions Indian students and business apprentices, Students and business apprentices from India. 1040ez fillable form Nonresident alien, Exemptions Resident alien, Exemptions Residents of Mexico or Canada, Residents of Mexico or Canada or U. 1040ez fillable form S. 1040ez fillable form nationals. 1040ez fillable form Residents of South Korea, Residents of South Korea. 1040ez fillable form U. 1040ez fillable form S. 1040ez fillable form nationals, Residents of Mexico or Canada or U. 1040ez fillable form S. 1040ez fillable form nationals. 1040ez fillable form Expatriation tax, Expatriation Before June 4, 2004 F Fellowship grant Excludable, Scholarships and Fellowship Grants Source rule, Scholarships, Grants, Prizes, and Awards Withholding tax, Withholding on Scholarships and Fellowship Grants Filing requirements, Nonresident Aliens Filing returns, Figuring Your Tax Amended returns, Amended Returns and Claims for Refund Claims for refund, Amended Returns and Claims for Refund Commonwealth of the Northern Mariana Islands, Aliens from Guam or the Commonwealth of the Northern Mariana Islands. 1040ez fillable form Dual-status taxpayer, Forms To File Estimated tax, When to pay estimated tax. 1040ez fillable form Form 1040-C, Form 1040-C Form 1040NR, Figuring Your Tax, Nonresident Aliens Form 1040NR-EZ, Figuring Your Tax, Form 1040NR-EZ Form 2063, Form 2063 Guam, Aliens from Guam or the Commonwealth of the Northern Mariana Islands. 1040ez fillable form Nonresident alien, Figuring Your Tax U. 1040ez fillable form S. 1040ez fillable form Virgin Islands, Aliens from the U. 1040ez fillable form S. 1040ez fillable form Virgin Islands. 1040ez fillable form Who must file, Nonresident Aliens Filing status, Filing Status First-year choice, First-Year Choice Fixed or determinable income, Fixed or Determinable Income Foreign country, Foreign country. 1040ez fillable form Foreign earned income exclusion, Foreign Earned Income and Housing Amount Foreign employer, Employees of foreign persons, organizations, or offices. 1040ez fillable form , Foreign employer. 1040ez fillable form Foreign government employees Alien status, Foreign government-related individuals. 1040ez fillable form Exempt from U. 1040ez fillable form S. 1040ez fillable form tax, Employees of Foreign Governments and International Organizations Tax treaty exemption, Employees of Foreign Governments Foreign income subject to U. 1040ez fillable form S. 1040ez fillable form tax, Foreign Income Foreign organizations, charitable contributions to, Charitable contributions. 1040ez fillable form Foreign tax credit Dual-status alien, Foreign tax credit. 1040ez fillable form Nonresident alien, Foreign tax credit. 1040ez fillable form Resident alien, Foreign tax credit. 1040ez fillable form Forms, Form 8843. 1040ez fillable form 1040-C, Form 1040-C 1040-ES(NR), Estimated Tax Form 1040-ES (NR) 1040NR, Nonresident Aliens 1040NR-EZ, Form 1040NR-EZ 1040X, Amended Returns and Claims for Refund 1042-S, Tax Withheld on Real Property Sales 1116, Foreign tax credit. 1040ez fillable form , Foreign tax credit. 1040ez fillable form , Foreign tax credit. 1040ez fillable form 2063, Form 2063 2106, Deductible travel expenses. 1040ez fillable form 2210, Penalty for failure to pay estimated income tax. 1040ez fillable form 3903, Moving expenses. 1040ez fillable form 4563, Residents of American Samoa. 1040ez fillable form 4790 (see FinCEN 105) 6251, Alternative minimum tax. 1040ez fillable form 8233, Employees and independent contractors. 1040ez fillable form 8275, Disclosure statement. 1040ez fillable form 8288, Credit for tax withheld. 1040ez fillable form 8288-A, Credit for tax withheld. 1040ez fillable form 8288-B, Withholding certificates. 1040ez fillable form 8801, Credit for prior year minimum tax. 1040ez fillable form 8805, Tax Withheld on Partnership Income, Tax Withheld on Real Property Sales 8833, Effect of Tax Treaties, Resident Aliens 8840, Form 8840. 1040ez fillable form 8843, Form 8843. 1040ez fillable form 8854, Reporting requirements. 1040ez fillable form FinCEN 105, Other Forms You May Have To File W-4, Withholding on Wages, Alternate Withholding Procedure, Form W-4. 1040ez fillable form W-7, Individual taxpayer identification number (ITIN). 1040ez fillable form W-8BEN, Income Entitled to Tax Treaty Benefits W-8ECI, Withholding on Pensions W-9, Notification of Alien Status Forms to file Dual-status alien, Forms To File Nonresident aliens, Nonresident Aliens Resident alien, Resident Aliens Sailing permits, Forms To File Free tax services, Free help with your tax return. 1040ez fillable form G Gambling winnings, dog or horse racing, Gambling Winnings From Dog or Horse Racing German social security benefits, Special Rule for Canadian and German Social Security Benefits Green card test, Green Card Test H Head of household Nonresident alien, Head of household. 1040ez fillable form Resident alien, Head of household. 1040ez fillable form Help (see Tax help) Home, sale of, Gain From the Sale of Your Main Home Household employees, Household employees. 1040ez fillable form I Identification number, taxpayer Defined, Identification Number Penalty for failure to supply, Failure to supply taxpayer identification number. 1040ez fillable form Income Community, Community Income Effectively connected, Effectively Connected Income Exclusions, Exclusions From Gross Income Fixed or determinable, Fixed or Determinable Income Foreign, Foreign Income From real property, Income From Real Property Income affected by treaties, Income affected by treaties. 1040ez fillable form Interest, Interest Income Investment, Investment Income Personal services, Personal Service Income Reporting, Reporting Your Income Sale of home, Gain From the Sale of Your Main Home Tip, Withholding on Tip Income Income code 28, Gambling Winnings Income from U. 1040ez fillable form S. 1040ez fillable form sources, Source of Income Dividends, Dividends Interest, Interest Income Pensions and annuities, Pensions and Annuities Personal property, Personal Property Personal services, Personal Services Real property, Real Property Rents or royalties, Rents or Royalties Independent contractors Withholding exemption under tax treaty, Employees and independent contractors. 1040ez fillable form Withholding rules, Independent Contractors India, students and business apprentices from Exemptions, Students and business apprentices from India. 1040ez fillable form Exemptions for spouse and dependents, Students and business apprentices from India. 1040ez fillable form Standard deduction, Students and business apprentices from India. 1040ez fillable form Withholding allowances, Students and business apprentices from India. 1040ez fillable form Individual retirement arrangement (IRA), Individual retirement arrangement (IRA). 1040ez fillable form Individual taxpayer identification number (ITIN), Individual taxpayer identification number (ITIN). 1040ez fillable form Intangible property, Intangible property. 1040ez fillable form Interest Portfolio, Portfolio interest. 1040ez fillable form , Interest that does not qualify as portfolio interest. 1040ez fillable form Interest income Contingent, Contingent interest. 1040ez fillable form Excludable, Interest Income Source rule, Interest Income International organization employees Alien status, Foreign government-related individuals. 1040ez fillable form Exempt from U. 1040ez fillable form S. 1040ez fillable form tax, Employees of Foreign Governments and International Organizations International social security agreements, International Social Security Agreements Interrupted period of residence, Interrupted Period of Residence Inventory, Inventory property. 1040ez fillable form Investment income, Investment Income Itemized deductions, Itemized Deductions J Job expenses, Job expenses and other miscellaneous deductions. 1040ez fillable form K Korea, South Exemptions, Residents of South Korea. 1040ez fillable form , Exemptions Married filing separately, Married nonresident alien. 1040ez fillable form Qualifying widow filing status, Qualifying widow(er). 1040ez fillable form Withholding tax, U. 1040ez fillable form S. 1040ez fillable form nationals or residents of Canada, Mexico, or South Korea. 1040ez fillable form L Last year of residency, Last Year of Residency Long-term U. 1040ez fillable form S. 1040ez fillable form resident Defined, Long-term resident defined. 1040ez fillable form Expatriation tax, Long-term resident defined. 1040ez fillable form Losses Business, Business Profits and Losses and Sales Transactions Capital Assets, Sales or Exchanges of Capital Assets Casualty and theft, Casualty and theft losses. 1040ez fillable form Of nonresident aliens, Losses. 1040ez fillable form Real property, Real Property Gain or Loss M Married filing jointly Nonresident alien, Married nonresident alien. 1040ez fillable form Resident alien, Married filing jointly. 1040ez fillable form Medical condition, Medical condition. 1040ez fillable form Medicare tax, Social Security and Medicare Taxes Mexico Commuters, Regular commuters from Canada or Mexico. 1040ez fillable form Exemptions, Exemptions Personal exemption, Resident Aliens Qualifying widow filing status, Qualifying widow(er). 1040ez fillable form Residents of, Residents of Mexico or Canada or U. 1040ez fillable form S. 1040ez fillable form nationals. 1040ez fillable form Transportation-related employment, Residents of Canada or Mexico engaged in transportation-related employment. 1040ez fillable form Withholding tax, U. 1040ez fillable form S. 1040ez fillable form nationals or residents of Canada, Mexico, or South Korea. 1040ez fillable form Miscellaneous deductions, Job expenses and other miscellaneous deductions. 1040ez fillable form Monetary instruments, transporting, Other Forms You May Have To File Moving expenses, Moving expenses. 1040ez fillable form Multi-level marketing, Multi-level marketing. 1040ez fillable form , Multi-level marketing. 1040ez fillable form Municipal bonds, State and local government obligations. 1040ez fillable form N National of the United States, Qualifying widow(er). 1040ez fillable form , 5) Tax rates. 1040ez fillable form , Withholding on Wages Natural resources (see Real property) Non-registered obligations, Obligations not in registered form. 1040ez fillable form Nonresident alien, Nonresident Aliens Annuity income, Income from certain annuities. 1040ez fillable form Business expenses, Ordinary and necessary business expenses. 1040ez fillable form Casualty and theft losses, Casualty and theft losses. 1040ez fillable form Charitable contributions, Charitable contributions. 1040ez fillable form Child care credit, Child and dependent care credit. 1040ez fillable form Credit for excess social security tax withheld, Excess social security tax withheld. 1040ez fillable form Credit for income tax withheld, Withholding from wages. 1040ez fillable form Credit for prior year minimum tax, Credit for prior year minimum tax. 1040ez fillable form Defined, Nonresident Aliens Earned income credit, Earned income credit. 1040ez fillable form Education credits, Education credits. 1040ez fillable form Effectively connected income, tax on, Tax on Effectively Connected Income Filing Form 1040NR, Figuring Your Tax Filing Form 1040NR-EZ, Figuring Your Tax Foreign tax credit, Foreign tax credit. 1040ez fillable form Gambling winnings, dog or horse racing, Gambling Winnings From Dog or Horse Racing Head of household, Head of household. 1040ez fillable form How income is taxed, Nonresident Aliens Individual retirement arrangement (IRA), Individual retirement arrangement (IRA). 1040ez fillable form Interest income, Interest Income Job expenses, Job expenses and other miscellaneous deductions. 1040ez fillable form Losses, Losses. 1040ez fillable form Married filing jointly, Married nonresident alien. 1040ez fillable form Miscellaneous deductions, Job expenses and other miscellaneous deductions. 1040ez fillable form Moving expenses, Moving expenses. 1040ez fillable form Personal exemptions, Exemptions Qualifying widow(er), Qualifying widow(er). 1040ez fillable form Standard deduction, Standard deduction. 1040ez fillable form State and local income taxes, State and local income taxes. 1040ez fillable form Students, Nonresident Alien Students Tax paid on undistributed long-term capital gains, Tax paid on undistributed long-term capital gains. 1040ez fillable form Tax withheld at source, Tax withheld at the source. 1040ez fillable form Travel expenses, Travel expenses. 1040ez fillable form Withholding from partnership income, Tax withheld on partnership income. 1040ez fillable form Withholding tax, Paying Tax Through Withholding or Estimated Tax Nonresident spouse treated as a resident, Nonresident Spouse Treated as a Resident O Obligations Not in registered form, Obligations not in registered form. 1040ez fillable form Registered, Obligations in registered form. 1040ez fillable form Original issue discount, Original issue discount (OID). 1040ez fillable form P Partnership Income, tax withheld on, Tax Withheld on Partnership Income Partnerships, Partnerships. 1040ez fillable form Payment against U. 1040ez fillable form S. 1040ez fillable form tax, Payments Tax withheld at the source, Tax withheld at the source. 1040ez fillable form Withholding from wages, Tax Withheld Penalties, Penalties. 1040ez fillable form , Penalties Accuracy-related, Accuracy-related penalty. 1040ez fillable form Failure to file, Filing late. 1040ez fillable form Failure to pay, Paying tax late. 1040ez fillable form Failure to supply taxpayer identification number, Failure to supply taxpayer identification number. 1040ez fillable form Fraud, Fraud. 1040ez fillable form Frivolous tax submission, Frivolous tax submission. 1040ez fillable form Negligence, Negligence or disregard. 1040ez fillable form Substantial understatement of income tax, Substantial understatement of income tax. 1040ez fillable form Penalty for failure to pay estimated income tax, Penalty for failure to pay estimated income tax. 1040ez fillable form Penalty on early withdrawal of savings, Penalty on early withdrawal of savings. 1040ez fillable form Pensions, Pensions. 1040ez fillable form Source rule, Pensions and Annuities Withholding on, Withholding on Pensions Personal exemption Prorating, Personal exemption. 1040ez fillable form Withholding allowance, Allowance for Personal Exemption Personal property, Personal Property Personal services income Connected with U. 1040ez fillable form S. 1040ez fillable form business, Personal Service Income Paid by foreign employer, Services Performed for Foreign Employer Source rule, Personal Services Tax treaty exemption, Personal Services Withholding on wages, Withholding on Wages Portfolio interest, Portfolio interest. 1040ez fillable form , Interest that does not qualify as portfolio interest. 1040ez fillable form Prizes, Scholarships, Grants, Prizes, and Awards Professional athletes, Professional athletes. 1040ez fillable form Property Depreciable, Depreciable property. 1040ez fillable form Intangible, Intangible property. 1040ez fillable form Inventory, Inventory property. 1040ez fillable form Personal, Personal Property Real, Real Property, Real Property Gain or Loss Protective return, Protective return. 1040ez fillable form Publications (see Tax help) Puerto Rico, residents of, Aliens From American Samoa or Puerto Rico, Special rules for aliens from certain U. 1040ez fillable form S. 1040ez fillable form possessions. 1040ez fillable form , Bona Fide Residents of American Samoa or Puerto Rico, Residents of American Samoa and Puerto Rico. 1040ez fillable form Q Qualified investment entity Distributions paid by, Qualified investment entities. 1040ez fillable form R Railroad retirement benefits, Social Security Benefits, Social security and railroad retirement benefits. 1040ez fillable form Real estate (see Real property) Real property Definition, Real Property Income from, Income From Real Property Natural resources, Natural resources. 1040ez fillable form Sale or exchange of, Real Property Gain or Loss Source rule, Real Property Tax withheld on sale of, Tax Withheld on Real Property Sales U. 1040ez fillable form S. 1040ez fillable form real property interest, U. 1040ez fillable form S. 1040ez fillable form real property interest. 1040ez fillable form Real property income, Real property income. 1040ez fillable form Refunds, claims for, Amended Returns and Claims for Refund Registered obligations, Obligations in registered form. 1040ez fillable form Rents, Rents or Royalties Researchers, wage withholding exemption under tax treaty, Students, teachers, and researchers. 1040ez fillable form , Appendix B—Tax Treaty Exemption Procedure for Teachers and Researchers Residence, interrupted, Interrupted Period of Residence Residency First year, First Year of Residency Last year, Last Year of Residency Starting date, Residency starting date under substantial presence test. 1040ez fillable form Termination date, Last Year of Residency Tests, Resident Aliens Resident alien, Resident Aliens Child tax credit, Child tax credit. 1040ez fillable form , Child tax credit. 1040ez fillable form , Child tax credit. 1040ez fillable form Defined, Resident Aliens Education credits, Education credits. 1040ez fillable form Head of household, Head of household. 1040ez fillable form Married filing jointly, Married filing jointly. 1040ez fillable form Qualifying widow(er), Qualifying widow(er). 1040ez fillable form Resident alien status, choosing, Choosing Resident Alien Status Retirement savings contributions credit Dual-status alien, Retirement savings contributions credit. 1040ez fillable form Nonresident alien, Retirement savings contributions credit. 1040ez fillable form Resident alien, Retirement savings contributions credit. 1040ez fillable form Royalties, Rents or Royalties S Sailing permits, departing aliens Aliens not requiring, Aliens Not Required To Obtain Sailing or Departure Permits Bond furnished, insuring tax payment, Paying Taxes and Obtaining Refunds Form 1040-C, Form 1040-C Form 2063, Form 2063 Forms to file, Forms To File When to get, When to get a sailing or departure permit. 1040ez fillable form Where to get, Where to get a sailing or departure permit. 1040ez fillable form Salary (see Personal services income) Sale of home, income from, Gain From the Sale of Your Main Home Sales or exchanges, capital assets, Sales or Exchanges of Capital Assets Scholarship Excludable, Scholarships and Fellowship Grants Source rule, Scholarships, Grants, Prizes, and Awards Withholding tax, Withholding on Scholarships and Fellowship Grants Securities, trading in, Trading in stocks, securities, and commodities. 1040ez fillable form Self-employed retirement plans, Self-employed SEP, SIMPLE, and qualified retirement plans. 1040ez fillable form Self-employment tax, Self-Employment Tax Social security benefits Dual-status alien, Social security and railroad retirement benefits. 1040ez fillable form Nonresident alien, Social Security Benefits Social security number, Social security number (SSN). 1040ez fillable form Social security tax Credit for excess tax withheld, Social Security and Medicare Taxes Excess withheld, Excess social security tax withheld. 1040ez fillable form Foreign students and exchange visitors, Students and Exchange Visitors International agreements, International Social Security Agreements Self-employment tax, Self-Employment Tax Totalization agreements, International Social Security Agreements Withheld in error, Refund of Taxes Withheld in Error Source of compensation for labor or personal services Alternative basis, Alternative Basis Multi-year compensation, Multi-year compensation. 1040ez fillable form Time basis, Time Basis Source of income, Source of Income Standard deduction, Standard deduction. 1040ez fillable form State and local income taxes, State and local income taxes. 1040ez fillable form Stocks, trading in, Trading in stocks, securities, and commodities. 1040ez fillable form Student loan interest expense, Student loan interest expense. 1040ez fillable form Students Alien status, Students. 1040ez fillable form Engaged in U. 1040ez fillable form S. 1040ez fillable form business, Students and trainees. 1040ez fillable form Fellowship grant, Scholarships, Grants, Prizes, and Awards, Withholding on Scholarships and Fellowship Grants Income from foreign employer, Students and exchange visitors. 1040ez fillable form Scholarship, Scholarships, Grants, Prizes, and Awards, Withholding on Scholarships and Fellowship Grants Social security and Medicare taxes, Students and Exchange Visitors Tax treaty exemption, Students, Apprentices, and Trainees Wage withholding exemption under tax treaty, Students, teachers, and researchers. 1040ez fillable form , Appendix A—Tax Treaty Exemption Procedure for Students Students and business apprentices from India, Students and business apprentices from India. 1040ez fillable form , Students and business apprentices from India. 1040ez fillable form , Students and business apprentices from India. 1040ez fillable form , Students and business apprentices from India. 1040ez fillable form Substantial presence test, Substantial Presence Test T Tax credits and payments Nonresident aliens, Nonresident Aliens Resident aliens, Tax Credits and Payments Tax help, How To Get Tax Help Tax home, Tax home. 1040ez fillable form , Tax home. 1040ez fillable form Tax paid on undistributed long-term capital gains, Tax paid on undistributed long-term capital gains. 1040ez fillable form Tax treaties Benefits, Treaty Income, Some Typical Tax Treaty Benefits Capital gains, Capital Gains Effect of, Effect of Tax Treaties Employees of foreign governments, Employees of Foreign Governments Exclusions from income, Income affected by treaties. 1040ez fillable form Income affected by, Income affected by treaties. 1040ez fillable form Reporting benefits claimed, Reporting Treaty Benefits Claimed Teachers and professors, Teachers, Professors, and Researchers Trainees, students, and apprentices, Students, Apprentices, and Trainees Tax Treaties Income entitled to benefits, Income Entitled to Tax Treaty Benefits Tax year, Tax Year, Tax Year Tax, expatriation, Expatriation Before June 4, 2004 Tax, transportation, Transportation Tax Taxpayer identification number Defined, Identification Number Penalty for failure to supply, Failure to supply taxpayer identification number. 1040ez fillable form Teachers Alien status, Teachers and trainees. 1040ez fillable form Tax treaty exemption, Teachers, Professors, and Researchers Wage withholding exemption under tax treaty, Students, teachers, and researchers. 1040ez fillable form , Appendix B—Tax Treaty Exemption Procedure for Teachers and Researchers Tie-breaker rule, Effect of Tax Treaties Tip income, Withholding on Tip Income Totalization agreements, International Social Security Agreements Trade or business, U. 1040ez fillable form S. 1040ez fillable form , Trade or Business in the United States Beneficiary of estate or trust, Beneficiary of an estate or trust. 1040ez fillable form Business operations, Business operations. 1040ez fillable form Income from U. 1040ez fillable form S. 1040ez fillable form sources, Effectively Connected Income Partnerships, Partnerships. 1040ez fillable form Personal services, Personal Services Students and trainees, Students and trainees. 1040ez fillable form Trading in stocks, securities, and commodities, Trading in stocks, securities, and commodities. 1040ez fillable form Trading in stocks, securities, and commodities, Trading in stocks, securities, and commodities. 1040ez fillable form Trainees, Teachers and trainees. 1040ez fillable form , Students and trainees. 1040ez fillable form Transportation income Connected with U. 1040ez fillable form S. 1040ez fillable form business, Transportation Income Source rule, Transportation Income Transportation of currency or monetary instruments, Other Forms You May Have To File Transportation tax, Transportation Tax Transportation-related employment, residents of Canada or Mexico, Residents of Canada or Mexico engaged in transportation-related employment. 1040ez fillable form Travel expenses, Travel expenses. 1040ez fillable form Treaties, income affected by, Income affected by treaties. 1040ez fillable form Treaty benefits for resident aliens, Resident Aliens Treaty benefits, reporting benefits claimed, Reporting Treaty Benefits Claimed Trust, beneficiary, Beneficiary of an estate or trust. 1040ez fillable form TTY/TDD information, How To Get Tax Help U U. 1040ez fillable form S Virgin Islands, residents of Withholding on wages, Residents of the U. 1040ez fillable form S. 1040ez fillable form Virgin Islands. 1040ez fillable form U. 1040ez fillable form S. 1040ez fillable form national, Qualifying widow(er). 1040ez fillable form , 5) Tax rates. 1040ez fillable form , Withholding on Wages U. 1040ez fillable form S. 1040ez fillable form real property holding corporation, U. 1040ez fillable form S. 1040ez fillable form real property holding corporation. 1040ez fillable form U. 1040ez fillable form S. 1040ez fillable form real property interest, U. 1040ez fillable form S. 1040ez fillable form real property interest. 1040ez fillable form U. 1040ez fillable form S. 1040ez fillable form tax-exempt income, expenses allocable to, Expenses allocable to U. 1040ez fillable form S. 1040ez fillable form tax-exempt income. 1040ez fillable form U. 1040ez fillable form S. 1040ez fillable form Virgin Islands, residents of Where to file, Aliens from the U. 1040ez fillable form S. 1040ez fillable form Virgin Islands. 1040ez fillable form W Wages (see Personal services income) Wages exempt from withholding, Wages Exempt From Withholding Wages, withholding on, Withholding on Wages Waiver of filing deadline, Waiver of filing deadline. 1040ez fillable form When to file, When To File, When to file for deductions and credits. 1040ez fillable form Where to file, When To File Who must file, Nonresident Aliens Withholding, Paying Tax Through Withholding or Estimated Tax , Withholding From Other Income Withholding tax Allowance for personal exemption, Allowance for Personal Exemption Central withholding agreements, Central withholding agreements. 1040ez fillable form Notification of alien status, Notification of Alien Status On sale of real property, Withholding of tax. 1040ez fillable form Pensions, Withholding on Pensions Puerto Rico, residents of, Residents of American Samoa and Puerto Rico. 1040ez fillable form Real property sales, Tax Withheld on Real Property Sales Residents of Canada, Mexico, or South Korea, U. 1040ez fillable form S. 1040ez fillable form nationals or residents of Canada, Mexico, or South Korea. 1040ez fillable form Scholarships and grants, Withholding on Scholarships and Fellowship Grants Social security taxes, Social Security and Medicare Taxes Tax treaty benefits, Income Entitled to Tax Treaty Benefits Tip income, Withholding on Tip Income U. 1040ez fillable form S. 1040ez fillable form nationals, U. 1040ez fillable form S. 1040ez fillable form nationals or residents of Canada, Mexico, or South Korea. 1040ez fillable form U. 1040ez fillable form S. 1040ez fillable form Virgin Islands, residents of, Residents of the U. 1040ez fillable form S. 1040ez fillable form Virgin Islands. 1040ez fillable form Wages, Withholding on Wages Wages exempt from, Wages Exempt From Withholding Where to report on the return, Tax Withheld Withholding from compensation, Withholding From Compensation Prev  Up     Home   More Online Publications
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The 1040ez Fillable Form

1040ez fillable form 8. 1040ez fillable form   Qualified Tuition Program (QTP) Table of Contents Introduction What Is a Qualified Tuition ProgramDesignated beneficiary. 1040ez fillable form Half-time student. 1040ez fillable form How Much Can You Contribute Are Distributions TaxableFiguring the Taxable Portion of a Distribution Additional Tax on Taxable Distributions Rollovers and Other TransfersRollovers Changing the Designated Beneficiary Introduction Qualified tuition programs (QTPs) are also called “529 plans. 1040ez fillable form ” States may establish and maintain programs that allow you to either prepay or contribute to an account for paying a student's qualified education expenses at a postsecondary institution. 1040ez fillable form Eligible educational institutions may establish and maintain programs that allow you to prepay a student's qualified education expenses. 1040ez fillable form If you prepay tuition, the student (designated beneficiary) will be entitled to a waiver or a payment of qualified education expenses. 1040ez fillable form You cannot deduct either payments or contributions to a QTP. 1040ez fillable form For information on a specific QTP, you will need to contact the state agency or eligible educational institution that established and maintains it. 1040ez fillable form What is the tax benefit of a QTP. 1040ez fillable form   No tax is due on a distribution from a QTP unless the amount distributed is greater than the beneficiary's adjusted qualified education expenses. 1040ez fillable form See Are Distributions Taxable , later, for more information. 1040ez fillable form    Even if a QTP is used to finance a student's education, the student or the student's parents still may be eligible to claim the American opportunity credit or the lifetime learning credit. 1040ez fillable form See Coordination With American Opportunity and Lifetime Learning Credits, later. 1040ez fillable form What Is a Qualified Tuition Program A qualified tuition program is a program set up to allow you to either prepay, or contribute to an account established for paying, a student's qualified education expenses at an eligible educational institution. 1040ez fillable form QTPs can be established and maintained by states (or agencies or instrumentalities of a state) and eligible educational institutions. 1040ez fillable form The program must meet certain requirements. 1040ez fillable form Your state government or the eligible educational institution in which you are interested can tell you whether or not they participate in a QTP. 1040ez fillable form Qualified education expenses. 1040ez fillable form   These are expenses related to enrollment or attendance at an Eligible educational institution (defined later). 1040ez fillable form As shown in the following list, to be qualified, some of the expenses must be required by the institution and some must be incurred by students who are enrolled at least half-time. 1040ez fillable form See Half-time student , later. 1040ez fillable form The following expenses must be required for enrollment or attendance of a Designated beneficiary (defined later) at an eligible educational institution. 1040ez fillable form Tuition and fees. 1040ez fillable form Books, supplies, and equipment. 1040ez fillable form Expenses for special needs services needed by a special needs beneficiary must be incurred in connection with enrollment or attendance at an eligible educational institution. 1040ez fillable form Expenses for room and board must be incurred by students who are enrolled at least half-time. 1040ez fillable form The expense for room and board qualifies only to the extent that it is not more than the greater of the following two amounts. 1040ez fillable form The allowance for room and board, as determined by the eligible educational institution, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student. 1040ez fillable form The actual amount charged if the student is residing in housing owned or operated by the eligible educational institution. 1040ez fillable form You will need to contact the eligible educational institution for qualified room and board costs. 1040ez fillable form    For tax years after 2010, the purchase of computer technology or equipment is only a qualified education expense if the computer technology or equipment is required for enrollment or attendance at an eligible institution. 1040ez fillable form Designated beneficiary. 1040ez fillable form   The designated beneficiary is generally the student (or future student) for whom the QTP is intended to provide benefits. 1040ez fillable form The designated beneficiary can be changed after participation in the QTP begins. 1040ez fillable form If a state or local government or certain tax-exempt organizations purchase an interest in a QTP as part of a scholarship program, the designated beneficiary is the person who receives the interest as a scholarship. 1040ez fillable form Half-time student. 1040ez fillable form   A student is enrolled “at least half-time” if he or she is enrolled for at least half the full-time academic workload for the course of study the student is pursuing, as determined under the standards of the school where the student is enrolled. 1040ez fillable form Eligible educational institution. 1040ez fillable form   For purposes of a QTP, this is any college, university, vocational school, or other postsecondary educational institution eligible to participate in a student aid program administered by the U. 1040ez fillable form S. 1040ez fillable form Department of Education. 1040ez fillable form It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. 1040ez fillable form The educational institution should be able to tell you if it is an eligible educational institution. 1040ez fillable form   Certain educational institutions located outside the United States also participate in the U. 1040ez fillable form S. 1040ez fillable form Department of Education's Federal Student Aid (FSA) programs. 1040ez fillable form   How Much Can You Contribute Contributions to a QTP on behalf of any beneficiary cannot be more than the amount necessary to provide for the qualified education expenses of the beneficiary. 1040ez fillable form There are no income restrictions on the individual contributors. 1040ez fillable form You can contribute to both a QTP and a Coverdell ESA in the same year for the same designated beneficiary. 1040ez fillable form   Are Distributions Taxable The part of a distribution representing the amount paid or contributed to a QTP does not have to be included in income. 1040ez fillable form This is a return of the investment in the plan. 1040ez fillable form The designated beneficiary generally does not have to include in income any earnings distributed from a QTP if the total distribution is less than or equal to adjusted qualified education expenses (defined under Figuring the Taxable Portion of a Distribution , later). 1040ez fillable form Earnings and return of investment. 1040ez fillable form    You will receive a Form 1099-Q, from each of the programs from which you received a QTP distribution in 2013. 1040ez fillable form The amount of your gross distribution (box 1) shown on each form will be divided between your earnings (box 2) and your basis, or return of investment (box 3). 1040ez fillable form Form 1099-Q should be sent to you by January 31, 2014. 1040ez fillable form Figuring the Taxable Portion of a Distribution To determine if total distributions for the year are more or less than the amount of qualified education expenses, you must compare the total of all QTP distributions for the tax year to the adjusted qualified education expenses. 1040ez fillable form Adjusted qualified education expenses. 1040ez fillable form   This amount is the total qualified education expenses reduced by any tax-free educational assistance. 1040ez fillable form Tax-free educational assistance includes: The tax-free part of scholarships and fellowships (see Tax-Free Scholarships and Fellowships in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Veterans' educational assistance (see Veterans' Benefits in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Pell grants (see Pell Grants and Other Title IV Need-Based Education Grants in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Employer-provided educational assistance (see chapter 11, Employer-Provided Educational Assistance ), and Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance. 1040ez fillable form Taxable earnings. 1040ez fillable form   Use the following steps to figure the taxable part. 1040ez fillable form Multiply the total distributed earnings shown in box 2 of Form 1099-Q by a fraction. 1040ez fillable form The numerator is the adjusted qualified education expenses paid during the year and the denominator is the total amount distributed during the year. 1040ez fillable form Subtract the amount figured in (1) from the total distributed earnings. 1040ez fillable form The result is the amount the beneficiary must include in income. 1040ez fillable form Report it on Form 1040 or Form 1040NR, line 21. 1040ez fillable form Example 1. 1040ez fillable form In 2007, Sara Clarke's parents opened a savings account for her with a QTP maintained by their state government. 1040ez fillable form Over the years they contributed $18,000 to the account. 1040ez fillable form The total balance in the account was $27,000 on the date the distribution was made. 1040ez fillable form In the summer of 2013, Sara enrolled in college and had $8,300 of qualified education expenses for the rest of the year. 1040ez fillable form She paid her college expenses from the following sources. 1040ez fillable form   Gift from parents $1,600     Partial tuition scholarship (tax-free) 3,100     QTP distribution 5,300           Before Sara can determine the taxable part of her QTP distribution, she must reduce her total qualified education expenses by any tax-free educational assistance. 1040ez fillable form   Total qualified education expenses $8,300     Minus: Tax-free educational assistance −3,100     Equals: Adjusted qualified  education expenses (AQEE) $5,200   Since the remaining expenses ($5,200) are less than the QTP distribution, part of the earnings will be taxable. 1040ez fillable form Sara's Form 1099-Q shows that $950 of the QTP distribution is earnings. 1040ez fillable form Sara figures the taxable part of the distributed earnings as follows. 1040ez fillable form   1. 1040ez fillable form $950 (earnings) × $5,200 AQEE  $5,300 distribution           =$932 (tax-free earnings)     2. 1040ez fillable form $950 (earnings)−$932 (tax-free earnings)     =$18 (taxable earnings)  Sara must include $18 in income (Form 1040, line 21) as distributed QTP earnings not used for adjusted qualified education expenses. 1040ez fillable form Coordination With American Opportunity and Lifetime Learning Credits An American opportunity or lifetime learning credit (education credit) can be claimed in the same year the beneficiary takes a tax-free distribution from a QTP, as long as the same expenses are not used for both benefits. 1040ez fillable form This means that after the beneficiary reduces qualified education expenses by tax-free educational assistance, he or she must further reduce them by the expenses taken into account in determining the credit. 1040ez fillable form Example 2. 1040ez fillable form Assume the same facts as in Example 1 , except that Sara's parents claimed an American opportunity credit of $2,500 (based on $4,000 expenses). 1040ez fillable form   Total qualified education expenses $8,300     Minus: Tax-free educational assistance −3,100     Minus: Expenses taken into account  in figuring American opportunity credit −4,000     Equals: Adjusted qualified  education expenses (AQEE) $1,200           The taxable part of the distribution is figured as follows. 1040ez fillable form   1. 1040ez fillable form $950 (earnings) × $1,200 AQEE  $5,300 distribution           =$215 (tax-free earnings)     2. 1040ez fillable form $950 (earnings)−$215 (tax-free earnings)     =$735 (taxable earnings)       Sara must include $735 in income (Form 1040, line 21). 1040ez fillable form This represents distributed earnings not used for adjusted qualified education expenses. 1040ez fillable form Coordination With Coverdell ESA Distributions If a designated beneficiary receives distributions from both a QTP and a Coverdell ESA in the same year, and the total of these distributions is more than the beneficiary's adjusted qualified higher education expenses, the expenses must be allocated between the distributions. 1040ez fillable form For purposes of this allocation, disregard any qualified elementary and secondary education expenses. 1040ez fillable form Example 3. 1040ez fillable form Assume the same facts as in Example 2 , except that instead of receiving a $5,300 distribution from her QTP, Sara received $4,600 from that account and $700 from her Coverdell ESA. 1040ez fillable form In this case, Sara must allocate her $1,200 of adjusted qualified higher education expenses (AQHEE) between the two distributions. 1040ez fillable form   $1,200 AQHEE × $700 ESA distribution  $5,300 total distribution = $158 AQHEE (ESA)     $1,200 AQHEE × $4,600 QTP distribution  $5,300 total distribution = $1,042 AQHEE (QTP)   Sara then figures the taxable portion of her Coverdell ESA distribution based on qualified higher education expenses of $158, and the taxable portion of her QTP distribution based on the other $1,042. 1040ez fillable form Note. 1040ez fillable form If you are required to allocate your expenses between Coverdell ESA and QTP distributions, and you have adjusted qualified elementary and secondary education expenses, see the examples in chapter 7, Coverdell Education Savings Account under Coordination With Qualified Tuition Program (QTP) Distributions . 1040ez fillable form Coordination With Tuition and Fees Deduction. 1040ez fillable form   A tuition and fees deduction can be claimed in the same year the beneficiary takes a tax-free distribution from a QTP, as long as the same expenses are not used for both benefits. 1040ez fillable form Losses on QTP Investments If you have a loss on your investment in a QTP account, you may be able to take the loss on your income tax return. 1040ez fillable form You can take the loss only when all amounts from that account have been distributed and the total distributions are less than your unrecovered basis. 1040ez fillable form Your basis is the total amount of contributions to that QTP account. 1040ez fillable form You claim the loss as a miscellaneous itemized deduction on Schedule A (Form 1040), line 23 (Schedule A (Form 1040NR), line 9), subject to the 2%-of-adjusted-gross-income limit. 1040ez fillable form If you have distributions from more than one QTP account during a year, you must combine the information (amount of distribution, basis, etc. 1040ez fillable form ) from all such accounts in order to determine your taxable earnings for the year. 1040ez fillable form By doing this, the loss from one QTP account reduces the distributed earnings (if any) from any other QTP accounts. 1040ez fillable form Example 1. 1040ez fillable form In 2013, Taylor received a final distribution of $1,000 from QTP #1. 1040ez fillable form His unrecovered basis in that account before the distribution was $3,000. 1040ez fillable form If Taylor itemizes his deductions, he can claim the $2,000 loss on Schedule A (Form 1040). 1040ez fillable form Example 2. 1040ez fillable form Assume the same facts as in Example 1 , except that Taylor also had a distribution of $9,000 from QTP #2, giving him total distributions for 2013 of $10,000. 1040ez fillable form His total basis in these distributions was $4,500 ($3,000 for QTP #1 and $1,500 for QTP #2). 1040ez fillable form Taylor's adjusted qualified education expenses for 2013 totaled $6,000. 1040ez fillable form In order to figure his taxable earnings, Taylor combines the two accounts and determines his taxable earnings as follows. 1040ez fillable form   1. 1040ez fillable form $10,000 (total distribution)−$4,500 (basis portion of distribution)     = $5,500 (earnings included in distribution)   2. 1040ez fillable form $5,500 (earnings) x $6,000 AQEE  $10,000 distribution           =$3,300 (tax-free earnings)     3. 1040ez fillable form $5,500 (earnings)−$3,300 (tax-free earnings)     =$2,200 (taxable earnings)                 Taylor must include $2,200 in income on Form 1040, line 21. 1040ez fillable form Because Taylor's accounts must be combined, he cannot deduct his $2,000 loss (QTP #1) on Schedule A (Form 1040). 1040ez fillable form Instead, the $2,000 loss reduces the total earnings that were distributed, thereby reducing his taxable earnings. 1040ez fillable form Additional Tax on Taxable Distributions Generally, if you receive a taxable distribution, you also must pay a 10% additional tax on the amount included in income. 1040ez fillable form Exceptions. 1040ez fillable form   The 10% additional tax does not apply to distributions: Paid to a beneficiary (or to the estate of the designated beneficiary) on or after the death of the designated beneficiary. 1040ez fillable form Made because the designated beneficiary is disabled. 1040ez fillable form A person is considered to be disabled if he or she shows proof that he or she cannot do any substantial gainful activity because of his or her physical or mental condition. 1040ez fillable form A physician must determine that his or her condition can be expected to result in death or to be of long-continued and indefinite duration. 1040ez fillable form Included in income because the designated beneficiary received: A tax-free scholarship or fellowship (see Tax-Free Scholarships and Fellowships in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Veterans' educational assistance (see Veterans' Benefits in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Employer-provided educational assistance (see chapter 11, Employer-Provided Educational Assistance ), or Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance. 1040ez fillable form Made on account of the attendance of the designated beneficiary at a U. 1040ez fillable form S. 1040ez fillable form military academy (such as the USNA at Annapolis). 1040ez fillable form This exception applies only to the extent that the amount of the distribution does not exceed the costs of advanced education (as defined in section 2005(d)(3) of title 10 of the U. 1040ez fillable form S. 1040ez fillable form Code) attributable to such attendance. 1040ez fillable form Included in income only because the qualified education expenses were taken into account in determining the American opportunity or lifetime learning credit (see Coordination With American Opportunity and Lifetime Learning Credits , earlier. 1040ez fillable form ) Exception (3) applies only to the extent the distribution is not more than the scholarship, allowance, or payment. 1040ez fillable form Figuring the additional tax. 1040ez fillable form    Use Part II of Form 5329, to figure any additional tax. 1040ez fillable form Report the amount on Form 1040, line 58, or Form 1040NR, line 56. 1040ez fillable form Rollovers and Other Transfers Assets can be rolled over or transferred from one QTP to another. 1040ez fillable form In addition, the designated beneficiary can be changed without transferring accounts. 1040ez fillable form Rollovers Any amount distributed from a QTP is not taxable if it is rolled over to another QTP for the benefit of the same beneficiary or for the benefit of a member of the beneficiary's family (including the beneficiary's spouse). 1040ez fillable form An amount is rolled over if it is paid to another QTP within 60 days after the date of the distribution. 1040ez fillable form Do not report qualifying rollovers (those that meet the above criteria) anywhere on Form 1040 or 1040NR. 1040ez fillable form These are not taxable distributions. 1040ez fillable form Members of the beneficiary's family. 1040ez fillable form   For these purposes, the beneficiary's family includes the beneficiary's spouse and the following other relatives of the beneficiary. 1040ez fillable form Son, daughter, stepchild, foster child, adopted child, or a descendant of any of them. 1040ez fillable form Brother, sister, stepbrother, or stepsister. 1040ez fillable form Father or mother or ancestor of either. 1040ez fillable form Stepfather or stepmother. 1040ez fillable form Son or daughter of a brother or sister. 1040ez fillable form Brother or sister of father or mother. 1040ez fillable form Son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law. 1040ez fillable form The spouse of any individual listed above. 1040ez fillable form First cousin. 1040ez fillable form Example. 1040ez fillable form When Aaron graduated from college last year he had $5,000 left in his QTP. 1040ez fillable form He wanted to give this money to his younger brother, who was in junior high school. 1040ez fillable form In order to avoid paying tax on the distribution of the amount remaining in his account, Aaron contributed the same amount to his brother's QTP within 60 days of the distribution. 1040ez fillable form If the rollover is to another QTP for the same beneficiary, only one rollover is allowed within 12 months of a previous transfer to any QTP for that designated beneficiary. 1040ez fillable form Changing the Designated Beneficiary There are no income tax consequences if the designated beneficiary of an account is changed to a member of the beneficiary's family. 1040ez fillable form See Members of the beneficiary's family , earlier. 1040ez fillable form Example. 1040ez fillable form Assume the same situation as in the last example. 1040ez fillable form Instead of closing his QTP and paying the distribution into his brother's QTP, Aaron could have instructed the trustee of his account to simply change the name of the beneficiary on his account to that of his brother. 1040ez fillable form Prev  Up  Next   Home   More Online Publications