Filing Your Taxes Online is Fast, Easy and Secure.
Start now and receive your tax refund in as little as 7 days.

1. Get Answers

Your online questions are customized to your unique tax situation.

2. Maximize your Refund

Find tax credits for everything from school tuition to buying a hybri

3. E-File for FREE

E-file free with direct deposit to get your refund in as few as 7 days.

Filing your taxes with paper mail can be difficult and it could take weeks for your refund to arrive. IRS e-file is easy, fast and secure. There is no paperwork going to the IRS so tax refunds can be processed in as little as 7 days with direct deposit. As you prepare your taxes online, you can see your tax refund in real time.

FREE audit support and representation from an enrolled agent – NEW and only from H&R Block

2012 Tax Filing For Free

Free 2010 Tax Software DownloadI Need A 1040x FormFile Amended Return1040x Processing TimeTaxes UnemployedIncome Tax 1040ezHow Can I Amend My 2011 Tax ReturnIncome Tax PreparationFederal Taxes 2011How Do I Amend My 2012 Tax Return10ez1040ez2013 FormLast Day File Taxes 20131040 Tax FormElectronic File 1040ezMyfreetaxes Com KingcountyTax For Military Active DutyMilitary Star CardCan You Still E File 2010 Tax ReturnsIrs Mailing Address 1040ez1040 Ez Form 2011Form 1040x 2013I Need To Print A Free 1040x FormHow To File State Tax Return1040ez Income Tax FormIrs Forms 2012 TaxesVita Tax AssistanceFiling 2012 Tax ReturnsTax Forms 1040xHr Block Taxes Online1040 Ez FormsH And R Block 1040ezDownload Irs Form 1040 2010File My 2009 Taxes Online FreeTax Act 2011 LoginHighest State TaxesFree 2012 State Tax FilingForm 1040aIrs E File ApplicationIrs Gov Org

2012 Tax Filing For Free

2012 tax filing for free 1. 2012 tax filing for free   Definitions You Need To Know Table of Contents Other options. 2012 tax filing for free Exception. 2012 tax filing for free Certain terms used in this publication are defined below. 2012 tax filing for free The same term used in another publication may have a slightly different meaning. 2012 tax filing for free Annual additions. 2012 tax filing for free   Annual additions are the total of all your contributions in a year, employee contributions (not including rollovers), and forfeitures allocated to a participant's account. 2012 tax filing for free Annual benefits. 2012 tax filing for free   Annual benefits are the benefits to be paid yearly in the form of a straight life annuity (with no extra benefits) under a plan to which employees do not contribute and under which no rollover contributions are made. 2012 tax filing for free Business. 2012 tax filing for free   A business is an activity in which a profit motive is present and economic activity is involved. 2012 tax filing for free Service as a newspaper carrier under age 18 or as a public official is not a business. 2012 tax filing for free Common-law employee. 2012 tax filing for free   A common-law employee is any individual who, under common law, would have the status of an employee. 2012 tax filing for free A leased employee can also be a common-law employee. 2012 tax filing for free   A common-law employee is a person who performs services for an employer who has the right to control and direct the results of the work and the way in which it is done. 2012 tax filing for free For example, the employer: Provides the employee's tools, materials, and workplace, and Can fire the employee. 2012 tax filing for free   Common-law employees are not self-employed and cannot set up retirement plans for income from their work, even if that income is self-employment income for social security tax purposes. 2012 tax filing for free For example, common-law employees who are ministers, members of religious orders, full-time insurance salespeople, and U. 2012 tax filing for free S. 2012 tax filing for free citizens employed in the United States by foreign governments cannot set up retirement plans for their earnings from those employments, even though their earnings are treated as self-employment income. 2012 tax filing for free   However, an individual may be a common-law employee and a self-employed person as well. 2012 tax filing for free For example, an attorney can be a corporate common-law employee during regular working hours and also practice law in the evening as a self-employed person. 2012 tax filing for free In another example, a minister employed by a congregation for a salary is a common-law employee even though the salary is treated as self-employment income for social security tax purposes. 2012 tax filing for free However, fees reported on Schedule C (Form 1040), Profit or Loss From Business, for performing marriages, baptisms, and other personal services are self-employment earnings for qualified plan purposes. 2012 tax filing for free Compensation. 2012 tax filing for free   Compensation for plan allocations is the pay a participant received from you for personal services for a year. 2012 tax filing for free You can generally define compensation as including all the following payments. 2012 tax filing for free Wages and salaries. 2012 tax filing for free Fees for professional services. 2012 tax filing for free Other amounts received (cash or noncash) for personal services actually rendered by an employee, including, but not limited to, the following items. 2012 tax filing for free Commissions and tips. 2012 tax filing for free Fringe benefits. 2012 tax filing for free Bonuses. 2012 tax filing for free   For a self-employed individual, compensation means the earned income, discussed later, of that individual. 2012 tax filing for free   Compensation generally includes amounts deferred in the following employee benefit plans. 2012 tax filing for free These amounts are elective deferrals. 2012 tax filing for free Qualified cash or deferred arrangement (section 401(k) plan). 2012 tax filing for free Salary reduction agreement to contribute to a tax-sheltered annuity (section 403(b) plan), a SIMPLE IRA plan, or a SARSEP. 2012 tax filing for free Section 457 nonqualified deferred compensation plan. 2012 tax filing for free Section 125 cafeteria plan. 2012 tax filing for free   However, an employer can choose to exclude elective deferrals under the above plans from the definition of compensation. 2012 tax filing for free The limit on elective deferrals is discussed in chapter 2 under Salary Reduction Simplified Employee Pension (SARSEP) and in chapter 4. 2012 tax filing for free Other options. 2012 tax filing for free   In figuring the compensation of a participant, you can treat any of the following amounts as the employee's compensation. 2012 tax filing for free The employee's wages as defined for income tax withholding purposes. 2012 tax filing for free The employee's wages you report in box 1 of Form W-2, Wage and Tax Statement. 2012 tax filing for free The employee's social security wages (including elective deferrals). 2012 tax filing for free   Compensation generally cannot include either of the following items. 2012 tax filing for free Nontaxable reimbursements or other expense allowances. 2012 tax filing for free Deferred compensation (other than elective deferrals). 2012 tax filing for free SIMPLE plans. 2012 tax filing for free   A special definition of compensation applies for SIMPLE plans. 2012 tax filing for free See chapter 3. 2012 tax filing for free Contribution. 2012 tax filing for free   A contribution is an amount you pay into a plan for all those participating in the plan, including self-employed individuals. 2012 tax filing for free Limits apply to how much, under the contribution formula of the plan, can be contributed each year for a participant. 2012 tax filing for free Deduction. 2012 tax filing for free   A deduction is the plan contributions you can subtract from gross income on your federal income tax return. 2012 tax filing for free Limits apply to the amount deductible. 2012 tax filing for free Earned income. 2012 tax filing for free   Earned income is net earnings from self-employment, discussed later, from a business in which your services materially helped to produce the income. 2012 tax filing for free   You can also have earned income from property your personal efforts helped create, such as royalties from your books or inventions. 2012 tax filing for free Earned income includes net earnings from selling or otherwise disposing of the property, but it does not include capital gains. 2012 tax filing for free It includes income from licensing the use of property other than goodwill. 2012 tax filing for free   Earned income includes amounts received for services by self-employed members of recognized religious sects opposed to social security benefits who are exempt from self-employment tax. 2012 tax filing for free   If you have more than one business, but only one has a retirement plan, only the earned income from that business is considered for that plan. 2012 tax filing for free Employer. 2012 tax filing for free   An employer is generally any person for whom an individual performs or did perform any service, of whatever nature, as an employee. 2012 tax filing for free A sole proprietor is treated as his or her own employer for retirement plan purposes. 2012 tax filing for free However, a partner is not an employer for retirement plan purposes. 2012 tax filing for free Instead, the partnership is treated as the employer of each partner. 2012 tax filing for free Highly compensated employee. 2012 tax filing for free   A highly compensated employee is an individual who: Owned more than 5% of the interest in your business at any time during the year or the preceding year, regardless of how much compensation that person earned or received, or For the preceding year, received compensation from you of more than $115,000 (if the preceding year is 2012, 2013, or 2014) and, if you so choose, was in the top 20% of employees when ranked by compensation. 2012 tax filing for free Leased employee. 2012 tax filing for free   A leased employee who is not your common-law employee must generally be treated as your employee for retirement plan purposes if he or she does all the following. 2012 tax filing for free Provides services to you under an agreement between you and a leasing organization. 2012 tax filing for free Has performed services for you (or for you and related persons) substantially full time for at least 1 year. 2012 tax filing for free Performs services under your primary direction or control. 2012 tax filing for free Exception. 2012 tax filing for free   A leased employee is not treated as your employee if all the following conditions are met. 2012 tax filing for free Leased employees are not more than 20% of your non-highly compensated work force. 2012 tax filing for free The employee is covered under the leasing organization's qualified pension plan. 2012 tax filing for free The leasing organization's plan is a money purchase pension plan that has all the following provisions. 2012 tax filing for free Immediate participation. 2012 tax filing for free (This requirement does not apply to any individual whose compensation from the leasing organization in each plan year during the 4-year period ending with the plan year is less than $1,000. 2012 tax filing for free ) Full and immediate vesting. 2012 tax filing for free A nonintegrated employer contribution rate of at least 10% of compensation for each participant. 2012 tax filing for free However, if the leased employee is your common-law employee, that employee will be your employee for all purposes, regardless of any pension plan of the leasing organization. 2012 tax filing for free Net earnings from self-employment. 2012 tax filing for free   For SEP and qualified plans, net earnings from self-employment is your gross income from your trade or business (provided your personal services are a material income-producing factor) minus allowable business deductions. 2012 tax filing for free Allowable deductions include contributions to SEP and qualified plans for common-law employees and the deduction allowed for the deductible part of your self-employment tax. 2012 tax filing for free   Net earnings from self-employment does not include items excluded from gross income (or their related deductions) other than foreign earned income and foreign housing cost amounts. 2012 tax filing for free   For the deduction limits, earned income is net earnings for personal services actually rendered to the business. 2012 tax filing for free You take into account the income tax deduction for the deductible part of self-employment tax and the deduction for contributions to the plan made on your behalf when figuring net earnings. 2012 tax filing for free   Net earnings include a partner's distributive share of partnership income or loss (other than separately stated items, such as capital gains and losses). 2012 tax filing for free It does not include income passed through to shareholders of S corporations. 2012 tax filing for free Guaranteed payments to limited partners are net earnings from self-employment if they are paid for services to or for the partnership. 2012 tax filing for free Distributions of other income or loss to limited partners are not net earnings from self-employment. 2012 tax filing for free   For SIMPLE plans, net earnings from self-employment is the amount on line 4 of Short Schedule SE or line 6 of Long Schedule SE (Form 1040), Self-Employment Tax, before subtracting any contributions made to the SIMPLE plan for yourself. 2012 tax filing for free Qualified plan. 2012 tax filing for free   A qualified plan is a retirement plan that offers a tax-favored way to save for retirement. 2012 tax filing for free You can deduct contributions made to the plan for your employees. 2012 tax filing for free Earnings on these contributions are generally tax free until distributed at retirement. 2012 tax filing for free Profit-sharing, money purchase, and defined benefit plans are qualified plans. 2012 tax filing for free A 401(k) plan is also a qualified plan. 2012 tax filing for free Participant. 2012 tax filing for free   A participant is an eligible employee who is covered by your retirement plan. 2012 tax filing for free See the discussions of the different types of plans for the definition of an employee eligible to participate in each type of plan. 2012 tax filing for free Partner. 2012 tax filing for free   A partner is an individual who shares ownership of an unincorporated trade or business with one or more persons. 2012 tax filing for free For retirement plans, a partner is treated as an employee of the partnership. 2012 tax filing for free Self-employed individual. 2012 tax filing for free   An individual in business for himself or herself, and whose business is not incorporated, is self-employed. 2012 tax filing for free Sole proprietors and partners are self-employed. 2012 tax filing for free Self-employment can include part-time work. 2012 tax filing for free   Not everyone who has net earnings from self-employment for social security tax purposes is self-employed for qualified plan purposes. 2012 tax filing for free See Common-law employee and Net earnings from self-employment , earlier. 2012 tax filing for free   In addition, certain fishermen may be considered self-employed for setting up a qualified plan. 2012 tax filing for free See Publication 595, Capital Construction Fund for Commercial Fishermen, for the special rules used to determine whether fishermen are self-employed. 2012 tax filing for free Sole proprietor. 2012 tax filing for free   A sole proprietor is an individual who owns an unincorporated business by himself or herself, including a single member limited liability company that is treated as a disregarded entity for tax purposes. 2012 tax filing for free For retirement plans, a sole proprietor is treated as both an employer and an employee. 2012 tax filing for free Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Taxpayer Advocate Service

The Taxpayer Advocate Service (TAS) is your voice at the IRS. Our job is to ensure that every taxpayer is treated fairly, and that you know and understand your rights. We offer free help to guide you through the often-confusing process of resolving your tax problems that you haven’t been able to solve on your own. Remember, the worst thing you can do is nothing at all!
 

ALERT: Beware of Phishing Scam Mentioning TAS
Emails claiming to be from Taxpayer Advocate Service are bogus. Don’t click on links and please report emails to the IRS.

IRS Seeks Volunteers for Taxpayer Advocacy Panel
The IRS seeks civic-minded volunteers to serve on the Taxpayer Advocacy Panel (TAP), a federal advisory committee that listens to taxpayers, identifies major taxpayer concerns, and makes recommendations for improving IRS services. Deadline is April 11.

 About TAS

 

 Get Help

   

 News and Information

 

 Connect With Us

 

 

Page Last Reviewed or Updated: 27-Mar-2014

The 2012 Tax Filing For Free

2012 tax filing for free Publication 504 - Additional Material Prev  Up  Next   Home   More Online Publications