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Amend My 2011 Taxes

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Amend My 2011 Taxes

Amend my 2011 taxes 1. Amend my 2011 taxes   Overview of Depreciation Table of Contents Introduction Useful Items - You may want to see: What Property Can Be Depreciated?Property You Own Property Used in Your Business or Income-Producing Activity Property Having a Determinable Useful Life Property Lasting More Than One Year What Property Cannot Be Depreciated?Land Excepted Property When Does Depreciation Begin and End?Placed in Service Idle Property Cost or Other Basis Fully Recovered Retired From Service What Method Can You Use To Depreciate Your Property?Property You Placed in Service Before 1987 Property Owned or Used in 1986 Intangible Property Corporate or Partnership Property Acquired in a Nontaxable Transfer Election To Exclude Property From MACRS What Is the Basis of Your Depreciable Property?Cost as Basis Other Basis Adjusted Basis How Do You Treat Repairs and Improvements? Do You Have To File Form 4562? How Do You Correct Depreciation Deductions?Filing an Amended Return Changing Your Accounting Method Introduction Depreciation is an annual income tax deduction that allows you to recover the cost or other basis of certain property over the time you use the property. Amend my 2011 taxes It is an allowance for the wear and tear, deterioration, or obsolescence of the property. Amend my 2011 taxes This chapter discusses the general rules for depreciating property and answers the following questions. Amend my 2011 taxes What property can be depreciated? What property cannot be depreciated? When does depreciation begin and end? What method can you use to depreciate your property? What is the basis of your depreciable property? How do you treat repairs and improvements? Do you have to file Form 4562? How do you correct depreciation deductions? Useful Items - You may want to see: Publication 534 Depreciating Property Placed in Service Before 1987 535 Business Expenses 538 Accounting Periods and Methods 551 Basis of Assets Form (and Instructions) Sch C (Form 1040) Profit or Loss From Business Sch C-EZ (Form 1040) Net Profit From Business 2106 Employee Business Expenses 2106-EZ Unreimbursed Employee Business Expenses 3115 Application for Change in Accounting Method 4562 Depreciation and Amortization See chapter 6 for information about getting publications and forms. Amend my 2011 taxes What Property Can Be Depreciated? You can depreciate most types of tangible property (except land), such as buildings, machinery, vehicles, furniture, and equipment. Amend my 2011 taxes You also can depreciate certain intangible property, such as patents, copyrights, and computer software. Amend my 2011 taxes To be depreciable, the property must meet all the following requirements. Amend my 2011 taxes It must be property you own. Amend my 2011 taxes It must be used in your business or income-producing activity. Amend my 2011 taxes It must have a determinable useful life. Amend my 2011 taxes It must be expected to last more than one year. Amend my 2011 taxes The following discussions provide information about these requirements. Amend my 2011 taxes Property You Own To claim depreciation, you usually must be the owner of the property. Amend my 2011 taxes You are considered as owning property even if it is subject to a debt. Amend my 2011 taxes Example 1. Amend my 2011 taxes You made a down payment to purchase rental property and assumed the previous owner's mortgage. Amend my 2011 taxes You own the property and you can depreciate it. Amend my 2011 taxes Example 2. Amend my 2011 taxes You bought a new van that you will use only for your courier business. Amend my 2011 taxes You will be making payments on the van over the next 5 years. Amend my 2011 taxes You own the van and you can depreciate it. Amend my 2011 taxes Leased property. Amend my 2011 taxes   You can depreciate leased property only if you retain the incidents of ownership in the property (explained below). Amend my 2011 taxes This means you bear the burden of exhaustion of the capital investment in the property. Amend my 2011 taxes Therefore, if you lease property from someone to use in your trade or business or for the production of income, you generally cannot depreciate its cost because you do not retain the incidents of ownership. Amend my 2011 taxes You can, however, depreciate any capital improvements you make to the property. Amend my 2011 taxes See How Do You Treat Repairs and Improvements later in this chapter and Additions and Improvements under Which Recovery Period Applies in chapter 4. Amend my 2011 taxes   If you lease property to someone, you generally can depreciate its cost even if the lessee (the person leasing from you) has agreed to preserve, replace, renew, and maintain the property. Amend my 2011 taxes However, if the lease provides that the lessee is to maintain the property and return to you the same property or its equivalent in value at the expiration of the lease in as good condition and value as when leased, you cannot depreciate the cost of the property. Amend my 2011 taxes Incidents of ownership. Amend my 2011 taxes   Incidents of ownership in property include the following. Amend my 2011 taxes The legal title to the property. Amend my 2011 taxes The legal obligation to pay for the property. Amend my 2011 taxes The responsibility to pay maintenance and operating expenses. Amend my 2011 taxes The duty to pay any taxes on the property. Amend my 2011 taxes The risk of loss if the property is destroyed, condemned, or diminished in value through obsolescence or exhaustion. Amend my 2011 taxes Life tenant. Amend my 2011 taxes   Generally, if you hold business or investment property as a life tenant, you can depreciate it as if you were the absolute owner of the property. Amend my 2011 taxes However, see Certain term interests in property under Excepted Property, later. Amend my 2011 taxes Cooperative apartments. Amend my 2011 taxes   If you are a tenant-stockholder in a cooperative housing corporation and use your cooperative apartment in your business or for the production of income, you can depreciate your stock in the corporation, even though the corporation owns the apartment. Amend my 2011 taxes   Figure your depreciation deduction as follows. Amend my 2011 taxes Figure the depreciation for all the depreciable real property owned by the corporation in which you have a proprietary lease or right of tenancy. Amend my 2011 taxes If you bought your cooperative stock after its first offering, figure the depreciable basis of this property as follows. Amend my 2011 taxes Multiply your cost per share by the total number of outstanding shares, including any shares held by the corporation. Amend my 2011 taxes Add to the amount figured in (a) any mortgage debt on the property on the date you bought the stock. Amend my 2011 taxes Subtract from the amount figured in (b) any mortgage debt that is not for the depreciable real property, such as the part for the land. Amend my 2011 taxes Subtract from the amount figured in (1) any depreciation for space owned by the corporation that can be rented but cannot be lived in by tenant-stockholders. Amend my 2011 taxes Divide the number of your shares of stock by the total number of outstanding shares, including any shares held by the corporation. Amend my 2011 taxes Multiply the result of (2) by the percentage you figured in (3). Amend my 2011 taxes This is your depreciation on the stock. Amend my 2011 taxes   Your depreciation deduction for the year cannot be more than the part of your adjusted basis in the stock of the corporation that is allocable to your business or income-producing property. Amend my 2011 taxes You must also reduce your depreciation deduction if only a portion of the property is used in a business or for the production of income. Amend my 2011 taxes Example. Amend my 2011 taxes You figure your share of the cooperative housing corporation's depreciation to be $30,000. Amend my 2011 taxes Your adjusted basis in the stock of the corporation is $50,000. Amend my 2011 taxes You use one half of your apartment solely for business purposes. Amend my 2011 taxes Your depreciation deduction for the stock for the year cannot be more than $25,000 (½ of $50,000). Amend my 2011 taxes Change to business use. Amend my 2011 taxes   If you change your cooperative apartment to business use, figure your allowable depreciation as explained earlier. Amend my 2011 taxes The basis of all the depreciable real property owned by the cooperative housing corporation is the smaller of the following amounts. Amend my 2011 taxes The fair market value of the property on the date you change your apartment to business use. Amend my 2011 taxes This is considered to be the same as the corporation's adjusted basis minus straight line depreciation, unless this value is unrealistic. Amend my 2011 taxes The corporation's adjusted basis in the property on that date. Amend my 2011 taxes Do not subtract depreciation when figuring the corporation's adjusted basis. Amend my 2011 taxes   If you bought the stock after its first offering, the corporation's adjusted basis in the property is the amount figured in (1), above. Amend my 2011 taxes The fair market value of the property is considered to be the same as the corporation's adjusted basis figured in this way minus straight line depreciation, unless the value is unrealistic. Amend my 2011 taxes   For a discussion of fair market value and adjusted basis, see Publication 551. Amend my 2011 taxes Property Used in Your Business or Income-Producing Activity To claim depreciation on property, you must use it in your business or income-producing activity. Amend my 2011 taxes If you use property to produce income (investment use), the income must be taxable. Amend my 2011 taxes You cannot depreciate property that you use solely for personal activities. Amend my 2011 taxes Partial business or investment use. Amend my 2011 taxes   If you use property for business or investment purposes and for personal purposes, you can deduct depreciation based only on the business or investment use. Amend my 2011 taxes For example, you cannot deduct depreciation on a car used only for commuting, personal shopping trips, family vacations, driving children to and from school, or similar activities. Amend my 2011 taxes    You must keep records showing the business, investment, and personal use of your property. Amend my 2011 taxes For more information on the records you must keep for listed property, such as a car, see What Records Must Be Kept in chapter 5. Amend my 2011 taxes    Although you can combine business and investment use of property when figuring depreciation deductions, do not treat investment use as qualified business use when determining whether the business-use requirement for listed property is met. Amend my 2011 taxes For information about qualified business use of listed property, see What Is the Business-Use Requirement in chapter 5. Amend my 2011 taxes Office in the home. Amend my 2011 taxes   If you use part of your home as an office, you may be able to deduct depreciation on that part based on its business use. Amend my 2011 taxes For information about depreciating your home office, see Publication 587. Amend my 2011 taxes Inventory. Amend my 2011 taxes   You cannot depreciate inventory because it is not held for use in your business. Amend my 2011 taxes Inventory is any property you hold primarily for sale to customers in the ordinary course of your business. Amend my 2011 taxes   If you are a rent-to-own dealer, you may be able to treat certain property held in your business as depreciable property rather than as inventory. Amend my 2011 taxes See Rent-to-own dealer under Which Property Class Applies Under GDS in chapter 4. Amend my 2011 taxes   In some cases, it is not clear whether property is held for sale (inventory) or for use in your business. Amend my 2011 taxes If it is unclear, examine carefully all the facts in the operation of the particular business. Amend my 2011 taxes The following example shows how a careful examination of the facts in two similar situations results in different conclusions. Amend my 2011 taxes Example. Amend my 2011 taxes Maple Corporation is in the business of leasing cars. Amend my 2011 taxes At the end of their useful lives, when the cars are no longer profitable to lease, Maple sells them. Amend my 2011 taxes Maple does not have a showroom, used car lot, or individuals to sell the cars. Amend my 2011 taxes Instead, it sells them through wholesalers or by similar arrangements in which a dealer's profit is not intended or considered. Amend my 2011 taxes Maple can depreciate the leased cars because the cars are not held primarily for sale to customers in the ordinary course of business, but are leased. Amend my 2011 taxes If Maple buys cars at wholesale prices, leases them for a short time, and then sells them at retail prices or in sales in which a dealer's profit is intended, the cars are treated as inventory and are not depreciable property. Amend my 2011 taxes In this situation, the cars are held primarily for sale to customers in the ordinary course of business. Amend my 2011 taxes Containers. Amend my 2011 taxes   Generally, containers for the products you sell are part of inventory and you cannot depreciate them. Amend my 2011 taxes However, you can depreciate containers used to ship your products if they have a life longer than one year and meet the following requirements. Amend my 2011 taxes They qualify as property used in your business. Amend my 2011 taxes Title to the containers does not pass to the buyer. Amend my 2011 taxes   To determine if these requirements are met, consider the following questions. Amend my 2011 taxes Does your sales contract, sales invoice, or other type of order acknowledgment indicate whether you have retained title? Does your invoice treat the containers as separate items? Do any of your records state your basis in the containers? Property Having a Determinable Useful Life To be depreciable, your property must have a determinable useful life. Amend my 2011 taxes This means that it must be something that wears out, decays, gets used up, becomes obsolete, or loses its value from natural causes. Amend my 2011 taxes Property Lasting More Than One Year To be depreciable, property must have a useful life that extends substantially beyond the year you place it in service. Amend my 2011 taxes Example. Amend my 2011 taxes You maintain a library for use in your profession. Amend my 2011 taxes You can depreciate it. Amend my 2011 taxes However, if you buy technical books, journals, or information services for use in your business that have a useful life of one year or less, you cannot depreciate them. Amend my 2011 taxes Instead, you deduct their cost as a business expense. Amend my 2011 taxes What Property Cannot Be Depreciated? Certain property cannot be depreciated. Amend my 2011 taxes This includes land and certain excepted property. Amend my 2011 taxes Land You cannot depreciate the cost of land because land does not wear out, become obsolete, or get used up. Amend my 2011 taxes The cost of land generally includes the cost of clearing, grading, planting, and landscaping. Amend my 2011 taxes Although you cannot depreciate land, you can depreciate certain land preparation costs, such as landscaping costs, incurred in preparing land for business use. Amend my 2011 taxes These costs must be so closely associated with other depreciable property that you can determine a life for them along with the life of the associated property. Amend my 2011 taxes Example. Amend my 2011 taxes You constructed a new building for use in your business and paid for grading, clearing, seeding, and planting bushes and trees. Amend my 2011 taxes Some of the bushes and trees were planted right next to the building, while others were planted around the outer border of the lot. Amend my 2011 taxes If you replace the building, you would have to destroy the bushes and trees right next to it. Amend my 2011 taxes These bushes and trees are closely associated with the building, so they have a determinable useful life. Amend my 2011 taxes Therefore, you can depreciate them. Amend my 2011 taxes Add your other land preparation costs to the basis of your land because they have no determinable life and you cannot depreciate them. Amend my 2011 taxes Excepted Property Even if the requirements explained in the preceding discussions are met, you cannot depreciate the following property. Amend my 2011 taxes Property placed in service and disposed of in the same year. Amend my 2011 taxes Determining when property is placed in service is explained later. Amend my 2011 taxes Equipment used to build capital improvements. Amend my 2011 taxes You must add otherwise allowable depreciation on the equipment during the period of construction to the basis of your improvements. Amend my 2011 taxes See Uniform Capitalization Rules in Publication 551. Amend my 2011 taxes Section 197 intangibles. Amend my 2011 taxes You must amortize these costs. Amend my 2011 taxes Section 197 intangibles are discussed in detail in Chapter 8 of Publication 535. Amend my 2011 taxes Intangible property, such as certain computer software, that is not section 197 intangible property, can be depreciated if it meets certain requirements. Amend my 2011 taxes See Intangible Property , later. Amend my 2011 taxes Certain term interests. Amend my 2011 taxes Certain term interests in property. Amend my 2011 taxes   You cannot depreciate a term interest in property created or acquired after July 27, 1989, for any period during which the remainder interest is held, directly or indirectly, by a person related to you. Amend my 2011 taxes A term interest in property means a life interest in property, an interest in property for a term of years, or an income interest in a trust. Amend my 2011 taxes Related persons. Amend my 2011 taxes   For a description of related persons, see Related Persons, later. Amend my 2011 taxes For this purpose, however, treat as related persons only the relationships listed in items (1) through (10) of that discussion and substitute “50%” for “10%” each place it appears. Amend my 2011 taxes Basis adjustments. Amend my 2011 taxes   If you would be allowed a depreciation deduction for a term interest in property except that the holder of the remainder interest is related to you, you generally must reduce your basis in the term interest by any depreciation or amortization not allowed. Amend my 2011 taxes   If you hold the remainder interest, you generally must increase your basis in that interest by the depreciation not allowed to the term interest holder. Amend my 2011 taxes However, do not increase your basis for depreciation not allowed for periods during which either of the following situations applies. Amend my 2011 taxes The term interest is held by an organization exempt from tax. Amend my 2011 taxes The term interest is held by a nonresident alien individual or foreign corporation, and the income from the term interest is not effectively connected with the conduct of a trade or business in the United States. Amend my 2011 taxes Exceptions. Amend my 2011 taxes   The above rules do not apply to the holder of a term interest in property acquired by gift, bequest, or inheritance. Amend my 2011 taxes They also do not apply to the holder of dividend rights that were separated from any stripped preferred stock if the rights were purchased after April 30, 1993, or to a person whose basis in the stock is determined by reference to the basis in the hands of the purchaser. Amend my 2011 taxes When Does Depreciation Begin and End? You begin to depreciate your property when you place it in service for use in your trade or business or for the production of income. Amend my 2011 taxes You stop depreciating property either when you have fully recovered your cost or other basis or when you retire it from service, whichever happens first. Amend my 2011 taxes Placed in Service You place property in service when it is ready and available for a specific use, whether in a business activity, an income-producing activity, a tax-exempt activity, or a personal activity. Amend my 2011 taxes Even if you are not using the property, it is in service when it is ready and available for its specific use. Amend my 2011 taxes Example 1. Amend my 2011 taxes Donald Steep bought a machine for his business. Amend my 2011 taxes The machine was delivered last year. Amend my 2011 taxes However, it was not installed and operational until this year. Amend my 2011 taxes It is considered placed in service this year. Amend my 2011 taxes If the machine had been ready and available for use when it was delivered, it would be considered placed in service last year even if it was not actually used until this year. Amend my 2011 taxes Example 2. Amend my 2011 taxes On April 6, Sue Thorn bought a house to use as residential rental property. Amend my 2011 taxes She made several repairs and had it ready for rent on July 5. Amend my 2011 taxes At that time, she began to advertise it for rent in the local newspaper. Amend my 2011 taxes The house is considered placed in service in July when it was ready and available for rent. Amend my 2011 taxes She can begin to depreciate it in July. Amend my 2011 taxes Example 3. Amend my 2011 taxes James Elm is a building contractor who specializes in constructing office buildings. Amend my 2011 taxes He bought a truck last year that had to be modified to lift materials to second-story levels. Amend my 2011 taxes The installation of the lifting equipment was completed and James accepted delivery of the modified truck on January 10 of this year. Amend my 2011 taxes The truck was placed in service on January 10, the date it was ready and available to perform the function for which it was bought. Amend my 2011 taxes Conversion to business use. Amend my 2011 taxes   If you place property in service in a personal activity, you cannot claim depreciation. Amend my 2011 taxes However, if you change the property's use to use in a business or income-producing activity, then you can begin to depreciate it at the time of the change. Amend my 2011 taxes You place the property in service in the business or income-producing activity on the date of the change. Amend my 2011 taxes Example. Amend my 2011 taxes You bought a home and used it as your personal home several years before you converted it to rental property. Amend my 2011 taxes Although its specific use was personal and no depreciation was allowable, you placed the home in service when you began using it as your home. Amend my 2011 taxes You can begin to claim depreciation in the year you converted it to rental property because its use changed to an income-producing use at that time. Amend my 2011 taxes Idle Property Continue to claim a deduction for depreciation on property used in your business or for the production of income even if it is temporarily idle (not in use). Amend my 2011 taxes For example, if you stop using a machine because there is a temporary lack of a market for a product made with that machine, continue to deduct depreciation on the machine. Amend my 2011 taxes Cost or Other Basis Fully Recovered You stop depreciating property when you have fully recovered your cost or other basis. Amend my 2011 taxes You recover your basis when your section 179 and allowed or allowable depreciation deductions equal your cost or investment in the property. Amend my 2011 taxes See What Is the Basis of Your Depreciable Property , later. Amend my 2011 taxes Retired From Service You stop depreciating property when you retire it from service, even if you have not fully recovered its cost or other basis. Amend my 2011 taxes You retire property from service when you permanently withdraw it from use in a trade or business or from use in the production of income because of any of the following events. Amend my 2011 taxes You sell or exchange the property. Amend my 2011 taxes You convert the property to personal use. Amend my 2011 taxes You abandon the property. Amend my 2011 taxes You transfer the property to a supplies or scrap account. Amend my 2011 taxes The property is destroyed. Amend my 2011 taxes If you included the property in a general asset account, see How Do You Use General Asset Accounts in chapter 4 for the rules that apply when you dispose of that property. Amend my 2011 taxes What Method Can You Use To Depreciate Your Property? You must use the Modified Accelerated Cost Recovery System (MACRS) to depreciate most property. Amend my 2011 taxes MACRS is discussed in chapter 4. Amend my 2011 taxes You cannot use MACRS to depreciate the following property. Amend my 2011 taxes Property you placed in service before 1987. Amend my 2011 taxes Certain property owned or used in 1986. Amend my 2011 taxes Intangible property. Amend my 2011 taxes Films, video tapes, and recordings. Amend my 2011 taxes Certain corporate or partnership property acquired in a nontaxable transfer. Amend my 2011 taxes Property you elected to exclude from MACRS. Amend my 2011 taxes The following discussions describe the property listed above and explain what depreciation method should be used. Amend my 2011 taxes Property You Placed in Service Before 1987 You cannot use MACRS for property you placed in service before 1987 (except property you placed in service after July 31, 1986, if MACRS was elected). Amend my 2011 taxes Property placed in service before 1987 must be depreciated under the methods discussed in Publication 534. Amend my 2011 taxes For a discussion of when property is placed in service, see When Does Depreciation Begin and End , earlier. Amend my 2011 taxes Use of real property changed. Amend my 2011 taxes   You generally must use MACRS to depreciate real property that you acquired for personal use before 1987 and changed to business or income-producing use after 1986. Amend my 2011 taxes Improvements made after 1986. Amend my 2011 taxes   You must treat an improvement made after 1986 to property you placed in service before 1987 as separate depreciable property. Amend my 2011 taxes Therefore, you can depreciate that improvement as separate property under MACRS if it is the type of property that otherwise qualifies for MACRS depreciation. Amend my 2011 taxes For more information about improvements, see How Do You Treat Repairs and Improvements , later and Additions and Improvements under Which Recovery Period Applies in chapter 4. Amend my 2011 taxes Property Owned or Used in 1986 You may not be able to use MACRS for property you acquired and placed in service after 1986 if any of the situations described below apply. Amend my 2011 taxes If you cannot use MACRS, the property must be depreciated under the methods discussed in Publication 534. Amend my 2011 taxes For the following discussions, do not treat property as owned before you placed it in service. Amend my 2011 taxes If you owned property in 1986 but did not place it in service until 1987, you do not treat it as owned in 1986. Amend my 2011 taxes Personal property. Amend my 2011 taxes   You cannot use MACRS for personal property (section 1245 property) in any of the following situations. Amend my 2011 taxes You or someone related to you owned or used the property in 1986. Amend my 2011 taxes You acquired the property from a person who owned it in 1986 and as part of the transaction the user of the property did not change. Amend my 2011 taxes You lease the property to a person (or someone related to this person) who owned or used the property in 1986. Amend my 2011 taxes You acquired the property in a transaction in which: The user of the property did not change, and The property was not MACRS property in the hands of the person from whom you acquired it because of (2) or (3) above. Amend my 2011 taxes Real property. Amend my 2011 taxes   You generally cannot use MACRS for real property (section 1250 property) in any of the following situations. Amend my 2011 taxes You or someone related to you owned the property in 1986. Amend my 2011 taxes You lease the property to a person who owned the property in 1986 (or someone related to that person). Amend my 2011 taxes You acquired the property in a like-kind exchange, involuntary conversion, or repossession of property you or someone related to you owned in 1986. Amend my 2011 taxes MACRS applies only to that part of your basis in the acquired property that represents cash paid or unlike property given up. Amend my 2011 taxes It does not apply to the carried-over part of the basis. Amend my 2011 taxes Exceptions. Amend my 2011 taxes   The rules above do not apply to the following. Amend my 2011 taxes Residential rental property or nonresidential real property. Amend my 2011 taxes Any property if, in the first tax year it is placed in service, the deduction under the Accelerated Cost Recovery System (ACRS) is more than the deduction under MACRS using the half-year convention. Amend my 2011 taxes For information on how to figure depreciation under ACRS, see Publication 534. Amend my 2011 taxes Property that was MACRS property in the hands of the person from whom you acquired it because of (2) above. Amend my 2011 taxes Related persons. Amend my 2011 taxes   For this purpose, the following are related persons. Amend my 2011 taxes An individual and a member of his or her family, including only a spouse, child, parent, brother, sister, half-brother, half-sister, ancestor, and lineal descendant. Amend my 2011 taxes A corporation and an individual who directly or indirectly owns more than 10% of the value of the outstanding stock of that corporation. Amend my 2011 taxes Two corporations that are members of the same controlled group. Amend my 2011 taxes A trust fiduciary and a corporation if more than 10% of the value of the outstanding stock is directly or indirectly owned by or for the trust or grantor of the trust. Amend my 2011 taxes The grantor and fiduciary, and the fiduciary and beneficiary, of any trust. Amend my 2011 taxes The fiduciaries of two different trusts, and the fiduciaries and beneficiaries of two different trusts, if the same person is the grantor of both trusts. Amend my 2011 taxes A tax-exempt educational or charitable organization and any person (or, if that person is an individual, a member of that person's family) who directly or indirectly controls the organization. Amend my 2011 taxes Two S corporations, and an S corporation and a regular corporation, if the same persons own more than 10% of the value of the outstanding stock of each corporation. Amend my 2011 taxes A corporation and a partnership if the same persons own both of the following. Amend my 2011 taxes More than 10% of the value of the outstanding stock of the corporation. Amend my 2011 taxes More than 10% of the capital or profits interest in the partnership. Amend my 2011 taxes The executor and beneficiary of any estate. Amend my 2011 taxes A partnership and a person who directly or indirectly owns more than 10% of the capital or profits interest in the partnership. Amend my 2011 taxes Two partnerships, if the same persons directly or indirectly own more than 10% of the capital or profits interest in each. Amend my 2011 taxes The related person and a person who is engaged in trades or businesses under common control. Amend my 2011 taxes See section 52(a) and 52(b) of the Internal Revenue Code. Amend my 2011 taxes When to determine relationship. Amend my 2011 taxes   You must determine whether you are related to another person at the time you acquire the property. Amend my 2011 taxes   A partnership acquiring property from a terminating partnership must determine whether it is related to the terminating partnership immediately before the event causing the termination. Amend my 2011 taxes For this rule, a terminating partnership is one that sells or exchanges, within 12 months, 50% or more of its total interest in partnership capital or profits. Amend my 2011 taxes Constructive ownership of stock or partnership interest. Amend my 2011 taxes   To determine whether a person directly or indirectly owns any of the outstanding stock of a corporation or an interest in a partnership, apply the following rules. Amend my 2011 taxes Stock or a partnership interest directly or indirectly owned by or for a corporation, partnership, estate, or trust is considered owned proportionately by or for its shareholders, partners, or beneficiaries. Amend my 2011 taxes However, for a partnership interest owned by or for a C corporation, this applies only to shareholders who directly or indirectly own 5% or more of the value of the stock of the corporation. Amend my 2011 taxes An individual is considered to own the stock or partnership interest directly or indirectly owned by or for the individual's family. Amend my 2011 taxes An individual who owns, except by applying rule (2), any stock in a corporation is considered to own the stock directly or indirectly owned by or for the individual's partner. Amend my 2011 taxes For purposes of rules (1), (2), or (3), stock or a partnership interest considered to be owned by a person under rule (1) is treated as actually owned by that person. Amend my 2011 taxes However, stock or a partnership interest considered to be owned by an individual under rule (2) or (3) is not treated as owned by that individual for reapplying either rule (2) or (3) to make another person considered to be the owner of the same stock or partnership interest. Amend my 2011 taxes Intangible Property Generally, if you can depreciate intangible property, you usually use the straight line method of depreciation. Amend my 2011 taxes However, you can choose to depreciate certain intangible property under the income forecast method (discussed later). Amend my 2011 taxes You cannot depreciate intangible property that is a section 197 intangible or that otherwise does not meet all the requirements discussed earlier under What Property Can Be Depreciated. Amend my 2011 taxes Straight Line Method This method lets you deduct the same amount of depreciation each year over the useful life of the property. Amend my 2011 taxes To figure your deduction, first determine the adjusted basis, salvage value, and estimated useful life of your property. Amend my 2011 taxes Subtract the salvage value, if any, from the adjusted basis. Amend my 2011 taxes The balance is the total depreciation you can take over the useful life of the property. Amend my 2011 taxes Divide the balance by the number of years in the useful life. Amend my 2011 taxes This gives you your yearly depreciation deduction. Amend my 2011 taxes Unless there is a big change in adjusted basis or useful life, this amount will stay the same throughout the time you depreciate the property. Amend my 2011 taxes If, in the first year, you use the property for less than a full year, you must prorate your depreciation deduction for the number of months in use. Amend my 2011 taxes Example. Amend my 2011 taxes In April, Frank bought a patent for $5,100 that is not a section 197 intangible. Amend my 2011 taxes He depreciates the patent under the straight line method, using a 17-year useful life and no salvage value. Amend my 2011 taxes He divides the $5,100 basis by 17 years to get his $300 yearly depreciation deduction. Amend my 2011 taxes He only used the patent for 9 months during the first year, so he multiplies $300 by 9/12 to get his deduction of $225 for the first year. Amend my 2011 taxes Next year, Frank can deduct $300 for the full year. Amend my 2011 taxes Patents and copyrights. Amend my 2011 taxes   If you can depreciate the cost of a patent or copyright, use the straight line method over the useful life. Amend my 2011 taxes The useful life of a patent or copyright is the lesser of the life granted to it by the government or the remaining life when you acquire it. Amend my 2011 taxes However, if the patent or copyright becomes valueless before the end of its useful life, you can deduct in that year any of its remaining cost or other basis. Amend my 2011 taxes Computer software. Amend my 2011 taxes   Computer software is generally a section 197 intangible and cannot be depreciated if you acquired it in connection with the acquisition of assets constituting a business or a substantial part of a business. Amend my 2011 taxes   However, computer software is not a section 197 intangible and can be depreciated, even if acquired in connection with the acquisition of a business, if it meets all of the following tests. Amend my 2011 taxes It is readily available for purchase by the general public. Amend my 2011 taxes It is subject to a nonexclusive license. Amend my 2011 taxes It has not been substantially modified. Amend my 2011 taxes   If the software meets the tests above, it may also qualify for the section 179 deduction and the special depreciation allowance, discussed later. Amend my 2011 taxes If you can depreciate the cost of computer software, use the straight line method over a useful life of 36 months. Amend my 2011 taxes    Tax-exempt use property subject to a lease. Amend my 2011 taxes   The useful life of computer software leased under a lease agreement entered into after March 12, 2004, to a tax-exempt organization, governmental unit, or foreign person or entity (other than a partnership), cannot be less than 125% of the lease term. Amend my 2011 taxes Certain created intangibles. Amend my 2011 taxes   You can amortize certain intangibles created on or after December 31, 2003, over a 15-year period using the straight line method and no salvage value, even though they have a useful life that cannot be estimated with reasonable accuracy. Amend my 2011 taxes For example, amounts paid to acquire memberships or privileges of indefinite duration, such as a trade association membership, are eligible costs. Amend my 2011 taxes   The following are not eligible. Amend my 2011 taxes Any intangible asset acquired from another person. Amend my 2011 taxes Created financial interests. Amend my 2011 taxes Any intangible asset that has a useful life that can be estimated with reasonable accuracy. Amend my 2011 taxes Any intangible asset that has an amortization period or limited useful life that is specifically prescribed or prohibited by the Code, regulations, or other published IRS guidance. Amend my 2011 taxes Any amount paid to facilitate an acquisition of a trade or business, a change in the capital structure of a business entity, and certain other transactions. Amend my 2011 taxes   You must also increase the 15-year safe harbor amortization period to a 25-year period for certain intangibles related to benefits arising from the provision, production, or improvement of real property. Amend my 2011 taxes For this purpose, real property includes property that will remain attached to the real property for an indefinite period of time, such as roads, bridges, tunnels, pavements, and pollution control facilities. Amend my 2011 taxes Income Forecast Method You can choose to use the income forecast method instead of the straight line method to depreciate the following depreciable intangibles. Amend my 2011 taxes Motion picture films or video tapes. Amend my 2011 taxes Sound recordings. Amend my 2011 taxes Copyrights. Amend my 2011 taxes Books. Amend my 2011 taxes Patents. Amend my 2011 taxes Under the income forecast method, each year's depreciation deduction is equal to the cost of the property, multiplied by a fraction. Amend my 2011 taxes The numerator of the fraction is the current year's net income from the property, and the denominator is the total income anticipated from the property through the end of the 10th taxable year following the taxable year the property is placed in service. Amend my 2011 taxes For more information, see section 167(g) of the Internal Revenue Code. Amend my 2011 taxes Films, video tapes, and recordings. Amend my 2011 taxes   You cannot use MACRS for motion picture films, video tapes, and sound recordings. Amend my 2011 taxes For this purpose, sound recordings are discs, tapes, or other phonorecordings resulting from the fixation of a series of sounds. Amend my 2011 taxes You can depreciate this property using either the straight line method or the income forecast method. Amend my 2011 taxes Participations and residuals. Amend my 2011 taxes   You can include participations and residuals in the adjusted basis of the property for purposes of computing your depreciation deduction under the income forecast method. Amend my 2011 taxes The participations and residuals must relate to income to be derived from the property before the end of the 10th taxable year after the property is placed in service. Amend my 2011 taxes For this purpose, participations and residuals are defined as costs which by contract vary with the amount of income earned in connection with the property. Amend my 2011 taxes   Instead of including these amounts in the adjusted basis of the property, you can deduct the costs in the taxable year that they are paid. Amend my 2011 taxes Videocassettes. Amend my 2011 taxes   If you are in the business of renting videocassettes, you can depreciate only those videocassettes bought for rental. Amend my 2011 taxes If the videocassette has a useful life of one year or less, you can currently deduct the cost as a business expense. Amend my 2011 taxes Corporate or Partnership Property Acquired in a Nontaxable Transfer MACRS does not apply to property used before 1987 and transferred after 1986 to a corporation or partnership (except property the transferor placed in service after July 31, 1986, if MACRS was elected) to the extent its basis is carried over from the property's adjusted basis in the transferor's hands. Amend my 2011 taxes You must continue to use the same depreciation method as the transferor and figure depreciation as if the transfer had not occurred. Amend my 2011 taxes However, if MACRS would otherwise apply, you can use it to depreciate the part of the property's basis that exceeds the carried-over basis. Amend my 2011 taxes The nontaxable transfers covered by this rule include the following. Amend my 2011 taxes A distribution in complete liquidation of a subsidiary. Amend my 2011 taxes A transfer to a corporation controlled by the transferor. Amend my 2011 taxes An exchange of property solely for corporate stock or securities in a reorganization. Amend my 2011 taxes A contribution of property to a partnership in exchange for a partnership interest. Amend my 2011 taxes A partnership distribution of property to a partner. Amend my 2011 taxes Election To Exclude Property From MACRS If you can properly depreciate any property under a method not based on a term of years, such as the unit-of-production method, you can elect to exclude that property from MACRS. Amend my 2011 taxes You make the election by reporting your depreciation for the property on line 15 in Part II of Form 4562 and attaching a statement as described in the instructions for Form 4562. Amend my 2011 taxes You must make this election by the return due date (including extensions) for the tax year you place your property in service. Amend my 2011 taxes However, if you timely filed your return for the year without making the election, you can still make the election by filing an amended return within six months of the due date of the return (excluding extensions). Amend my 2011 taxes Attach the election to the amended return and write “Filed pursuant to section 301. Amend my 2011 taxes 9100-2” on the election statement. Amend my 2011 taxes File the amended return at the same address you filed the original return. Amend my 2011 taxes Use of standard mileage rate. Amend my 2011 taxes   If you use the standard mileage rate to figure your tax deduction for your business automobile, you are treated as having made an election to exclude the automobile from MACRS. Amend my 2011 taxes See Publication 463 for a discussion of the standard mileage rate. Amend my 2011 taxes What Is the Basis of Your Depreciable Property? To figure your depreciation deduction, you must determine the basis of your property. Amend my 2011 taxes To determine basis, you need to know the cost or other basis of your property. Amend my 2011 taxes Cost as Basis The basis of property you buy is its cost plus amounts you paid for items such as sales tax (see Exception , below), freight charges, and installation and testing fees. Amend my 2011 taxes The cost includes the amount you pay in cash, debt obligations, other property, or services. Amend my 2011 taxes Exception. Amend my 2011 taxes   You can elect to deduct state and local general sales taxes instead of state and local income taxes as an itemized deduction on Schedule A (Form 1040). Amend my 2011 taxes If you make that choice, you cannot include those sales taxes as part of your cost basis. Amend my 2011 taxes Assumed debt. Amend my 2011 taxes   If you buy property and assume (or buy subject to) an existing mortgage or other debt on the property, your basis includes the amount you pay for the property plus the amount of the assumed debt. Amend my 2011 taxes Example. Amend my 2011 taxes You make a $20,000 down payment on property and assume the seller's mortgage of $120,000. Amend my 2011 taxes Your total cost is $140,000, the cash you paid plus the mortgage you assumed. Amend my 2011 taxes Settlement costs. Amend my 2011 taxes   The basis of real property also includes certain fees and charges you pay in addition to the purchase price. Amend my 2011 taxes These generally are shown on your settlement statement and include the following. Amend my 2011 taxes Legal and recording fees. Amend my 2011 taxes Abstract fees. Amend my 2011 taxes Survey charges. Amend my 2011 taxes Owner's title insurance. Amend my 2011 taxes Amounts the seller owes that you agree to pay, such as back taxes or interest, recording or mortgage fees, charges for improvements or repairs, and sales commissions. Amend my 2011 taxes   For fees and charges you cannot include in the basis of property, see Real Property in Publication 551. Amend my 2011 taxes Property you construct or build. Amend my 2011 taxes   If you construct, build, or otherwise produce property for use in your business, you may have to use the uniform capitalization rules to determine the basis of your property. Amend my 2011 taxes For information about the uniform capitalization rules, see Publication 551 and the regulations under section 263A of the Internal Revenue Code. Amend my 2011 taxes Other Basis Other basis usually refers to basis that is determined by the way you received the property. Amend my 2011 taxes For example, your basis is other than cost if you acquired the property in exchange for other property, as payment for services you performed, as a gift, or as an inheritance. Amend my 2011 taxes If you acquired property in this or some other way, see Publication 551 to determine your basis. Amend my 2011 taxes Property changed from personal use. Amend my 2011 taxes   If you held property for personal use and later use it in your business or income-producing activity, your depreciable basis is the lesser of the following. Amend my 2011 taxes The fair market value (FMV) of the property on the date of the change in use. Amend my 2011 taxes Your original cost or other basis adjusted as follows. Amend my 2011 taxes Increased by the cost of any permanent improvements or additions and other costs that must be added to basis. Amend my 2011 taxes Decreased by any deductions you claimed for casualty and theft losses and other items that reduced your basis. Amend my 2011 taxes Example. Amend my 2011 taxes Several years ago, Nia paid $160,000 to have her home built on a lot that cost her $25,000. Amend my 2011 taxes Before changing the property to rental use last year, she paid $20,000 for permanent improvements to the house and claimed a $2,000 casualty loss deduction for damage to the house. Amend my 2011 taxes Land is not depreciable, so she includes only the cost of the house when figuring the basis for depreciation. Amend my 2011 taxes Nia's adjusted basis in the house when she changed its use was $178,000 ($160,000 + $20,000 − $2,000). Amend my 2011 taxes On the same date, her property had an FMV of $180,000, of which $15,000 was for the land and $165,000 was for the house. Amend my 2011 taxes The basis for depreciation on the house is the FMV on the date of change ($165,000), because it is less than her adjusted basis ($178,000). Amend my 2011 taxes Property acquired in a nontaxable transaction. Amend my 2011 taxes   Generally, if you receive property in a nontaxable exchange, the basis of the property you receive is the same as the adjusted basis of the property you gave up. Amend my 2011 taxes Special rules apply in determining the basis and figuring the MACRS depreciation deduction and special depreciation allowance for property acquired in a like-kind exchange or involuntary conversion. Amend my 2011 taxes See Like-kind exchanges and involuntary conversions. Amend my 2011 taxes under How Much Can You Deduct? in chapter 3 and Figuring the Deduction for Property Acquired in a Nontaxable Exchange in chapter 4. Amend my 2011 taxes   There are also special rules for determining the basis of MACRS property involved in a like-kind exchange or involuntary conversion when the property is contained in a general asset account. Amend my 2011 taxes See How Do You Use General Asset Accounts in chapter 4. Amend my 2011 taxes Adjusted Basis To find your property's basis for depreciation, you may have to make certain adjustments (increases and decreases) to the basis of the property for events occurring between the time you acquired the property and the time you placed it in service. Amend my 2011 taxes These events could include the following. Amend my 2011 taxes Installing utility lines. Amend my 2011 taxes Paying legal fees for perfecting the title. Amend my 2011 taxes Settling zoning issues. Amend my 2011 taxes Receiving rebates. Amend my 2011 taxes Incurring a casualty or theft loss. Amend my 2011 taxes For a discussion of adjustments to the basis of your property, see Adjusted Basis in Publication 551. Amend my 2011 taxes If you depreciate your property under MACRS, you also may have to reduce your basis by certain deductions and credits with respect to the property. Amend my 2011 taxes For more information, see What Is the Basis for Depreciation in chapter 4. Amend my 2011 taxes . Amend my 2011 taxes Basis adjustment for depreciation allowed or allowable. Amend my 2011 taxes   You must reduce the basis of property by the depreciation allowed or allowable, whichever is greater. Amend my 2011 taxes Depreciation allowed is depreciation you actually deducted (from which you received a tax benefit). Amend my 2011 taxes Depreciation allowable is depreciation you are entitled to deduct. Amend my 2011 taxes   If you do not claim depreciation you are entitled to deduct, you must still reduce the basis of the property by the full amount of depreciation allowable. Amend my 2011 taxes   If you deduct more depreciation than you should, you must reduce your basis by any amount deducted from which you received a tax benefit (the depreciation allowed). Amend my 2011 taxes How Do You Treat Repairs and Improvements? If you improve depreciable property, you must treat the improvement as separate depreciable property. Amend my 2011 taxes Improvement means an addition to or partial replacement of property that adds to its value, appreciably lengthens the time you can use it, or adapts it to a different use. Amend my 2011 taxes You generally deduct the cost of repairing business property in the same way as any other business expense. Amend my 2011 taxes However, if a repair or replacement increases the value of your property, makes it more useful, or lengthens its life, you must treat it as an improvement and depreciate it. Amend my 2011 taxes Example. Amend my 2011 taxes You repair a small section on one corner of the roof of a rental house. Amend my 2011 taxes You deduct the cost of the repair as a rental expense. Amend my 2011 taxes However, if you completely replace the roof, the new roof is an improvement because it increases the value and lengthens the life of the property. Amend my 2011 taxes You depreciate the cost of the new roof. Amend my 2011 taxes Improvements to rented property. Amend my 2011 taxes   You can depreciate permanent improvements you make to business property you rent from someone else. Amend my 2011 taxes Do You Have To File Form 4562? Use Form 4562 to figure your deduction for depreciation and amortization. Amend my 2011 taxes Attach Form 4562 to your tax return for the current tax year if you are claiming any of the following items. Amend my 2011 taxes A section 179 deduction for the current year or a section 179 carryover from a prior year. Amend my 2011 taxes See chapter 2 for information on the section 179 deduction. Amend my 2011 taxes Depreciation for property placed in service during the current year. Amend my 2011 taxes Depreciation on any vehicle or other listed property, regardless of when it was placed in service. Amend my 2011 taxes See chapter 5 for information on listed property. Amend my 2011 taxes A deduction for any vehicle if the deduction is reported on a form other than Schedule C (Form 1040) or Schedule C-EZ (Form 1040). Amend my 2011 taxes Amortization of costs if the current year is the first year of the amortization period. Amend my 2011 taxes Depreciation or amortization on any asset on a corporate income tax return (other than Form 1120S, U. Amend my 2011 taxes S. Amend my 2011 taxes Income Tax Return for an S Corporation) regardless of when it was placed in service. Amend my 2011 taxes You must submit a separate Form 4562 for each business or activity on your return for which a Form 4562 is required. Amend my 2011 taxes Table 1-1 presents an overview of the purpose of the various parts of Form 4562. Amend my 2011 taxes Employee. Amend my 2011 taxes   Do not use Form 4562 if you are an employee and you deduct job-related vehicle expenses using either actual expenses (including depreciation) or the standard mileage rate. Amend my 2011 taxes Instead, use either Form 2106 or Form 2106-EZ. Amend my 2011 taxes Use Form 2106-EZ if you are claiming the standard mileage rate and you are not reimbursed by your employer for any expenses. Amend my 2011 taxes How Do You Correct Depreciation Deductions? If you deducted an incorrect amount of depreciation in any year, you may be able to make a correction by filing an amended return for that year. Amend my 2011 taxes See Filing an Amended Return , next. Amend my 2011 taxes If you are not allowed to make the correction on an amended return, you may be able to change your accounting method to claim the correct amount of depreciation. Amend my 2011 taxes See Changing Your Accounting Method , later. Amend my 2011 taxes Filing an Amended Return You can file an amended return to correct the amount of depreciation claimed for any property in any of the following situations. Amend my 2011 taxes You claimed the incorrect amount because of a mathematical error made in any year. Amend my 2011 taxes You claimed the incorrect amount because of a posting error made in any year. Amend my 2011 taxes You have not adopted a method of accounting for property placed in service by you in tax years ending after December 29, 2003. Amend my 2011 taxes You claimed the incorrect amount on property placed in service by you in tax years ending before December 30, 2003. Amend my 2011 taxes Adoption of accounting method defined. Amend my 2011 taxes   Generally, you adopt a method of accounting for depreciation by using a permissible method of determining depreciation when you file your first tax return, or by using the same impermissible method of determining depreciation in two or more consecutively filed tax returns. Amend my 2011 taxes   For an exception to this 2-year rule, see Revenue Procedure 2011-14 on page 330 of the Internal Revenue Bulletin 2011-4, available at www. Amend my 2011 taxes irs. Amend my 2011 taxes gov/pub/irs-irbs/irb11-04. Amend my 2011 taxes pdf. Amend my 2011 taxes (Note. Amend my 2011 taxes Revenue Procedure 2011-14 is clarified and modified by Revenue Procedure 2012-20. Amend my 2011 taxes For more information, see Revenue Procedure 2012-20 on page 700 of the Internal Revenue Bulletin 2012-14, available at www. Amend my 2011 taxes irs. Amend my 2011 taxes gov/pub/irs-irbs/irb12-14. Amend my 2011 taxes pdf. Amend my 2011 taxes )   For a safe harbor method of accounting to treat rotable spare parts as depreciable assets and procedures to obtain automatic consent to change to the safe harbor method of accounting, see Revenue Procedure 2007-48 on page 110 of Internal Revenue Bulletin 2007-29, available at www. Amend my 2011 taxes irs. Amend my 2011 taxes gov/pub/irs-irbs/irb07-29. Amend my 2011 taxes pdf. Amend my 2011 taxes When to file. Amend my 2011 taxes   If an amended return is allowed, you must file it by the later of the following. Amend my 2011 taxes 3 years from the date you filed your original return for the year in which you did not deduct the correct amount. Amend my 2011 taxes A return filed before an unextended due date is considered filed on that due date. Amend my 2011 taxes 2 years from the time you paid your tax for that year. Amend my 2011 taxes Changing Your Accounting Method Generally, you must get IRS approval to change your method of accounting. Amend my 2011 taxes You generally must file Form 3115, Application for Change in Accounting Method, to request a change in your method of accounting for depreciation. Amend my 2011 taxes The following are examples of a change in method of accounting for depreciation. Amend my 2011 taxes A change from an impermissible method of determining depreciation for depreciable property, if the impermissible method was used in two or more consecutively filed tax returns. Amend my 2011 taxes A change in the treatment of an asset from nondepreciable to depreciable or vice versa. Amend my 2011 taxes A change in the depreciation method, period of recovery, or convention of a depreciable asset. Amend my 2011 taxes A change from not claiming to claiming the special depreciation allowance if you did not make the election to not claim any special allowance. Amend my 2011 taxes A change from claiming a 50% special depreciation allowance to claiming a 30% special depreciation allowance for qualified property (including property that is included in a class of property for which you elected a 30% special allowance instead of a 50% special allowance). Amend my 2011 taxes Changes in depreciation that are not a change in method of accounting (and may only be made on an amended return) include the following. Amend my 2011 taxes An adjustment in the useful life of a depreciable asset for which depreciation is determined under section 167. Amend my 2011 taxes A change in use of an asset in the hands of the same taxpayer. Amend my 2011 taxes Making a late depreciation election or revoking a timely valid depreciation election (including the election not to deduct the special depreciation allowance). Amend my 2011 taxes If you elected not to claim any special allowance, a change from not claiming to claiming the special allowance is a revocation of the election and is not an accounting method change. Amend my 2011 taxes Generally, you must get IRS approval to make a late depreciation election or revoke a depreciation election. Amend my 2011 taxes You must submit a request for a letter ruling to make a late election or revoke an election. Amend my 2011 taxes Any change in the placed in service date of a depreciable asset. Amend my 2011 taxes See section 1. Amend my 2011 taxes 446-1(e)(2)(ii)(d) of the regulations for more information and examples. Amend my 2011 taxes IRS approval. Amend my 2011 taxes   In some instances, you may be able to get approval from the IRS to change your method of accounting for depreciation under the automatic change request procedures generally covered in Revenue Procedure 2011-14. Amend my 2011 taxes If you do not qualify to use the automatic procedures to get approval, you must use the advance consent request procedures generally covered in Revenue Procedure 97-27, 1997-1 C. Amend my 2011 taxes B. Amend my 2011 taxes 680. Amend my 2011 taxes Also see the Instructions for Form 3115 for more information on getting approval, including lists of scope limitations and automatic accounting method changes. Amend my 2011 taxes Additional guidance. Amend my 2011 taxes    For additional guidance and special procedures for changing your accounting method, automatic change procedures, amending your return, and filing Form 3115, see Revenue Procedure 2011-14 on page 330 of the Internal Revenue Bulletin 2011-4, available at www. Amend my 2011 taxes irs. Amend my 2011 taxes gov/pub/irs-irbs/irb11-04. Amend my 2011 taxes pdf. Amend my 2011 taxes (Note. Amend my 2011 taxes Revenue Procedure 2011-14 is clarified and modified by Revenue Procedure 2012-20. Amend my 2011 taxes For more information, see Revenue Procedure 2012-20 on page 700 of the Internal Revenue Bulletin 2012-14, available at www. Amend my 2011 taxes irs. Amend my 2011 taxes gov/pub/irs-irbs/irb12-14. Amend my 2011 taxes pdf. Amend my 2011 taxes )   For a safe harbor method of accounting to treat rotable spare parts as depreciable assets, see Revenue Procedure 2007-48 on page 110 of Internal Revenue Bulletin 2007-29, available at www. Amend my 2011 taxes irs. Amend my 2011 taxes gov/pub/irs-irbs/irb07-29. Amend my 2011 taxes pdf. Amend my 2011 taxes Table 1-1. Amend my 2011 taxes Purpose of Form 4562 This table describes the purpose of the various parts of Form 4562. Amend my 2011 taxes For more information, see Form 4562 and its instructions. Amend my 2011 taxes Part Purpose I • Electing the section 179 deduction • Figuring the maximum section 179 deduction for the current year • Figuring any section 179 deduction carryover to the next year II • Reporting the special depreciation allowance for property (other than listed property) placed in service during the tax year • Reporting depreciation deductions on property being depreciated under any method other than Modified Accelerated Cost Recovery System (MACRS) III • Reporting MACRS depreciation deductions for property placed in service before this year • Reporting MACRS depreciation deductions for property (other than listed property) placed in service during the current year IV • Summarizing other parts V • Reporting the special depreciation allowance for automobiles and other listed property • Reporting MACRS depreciation on automobiles and other listed property • Reporting the section 179 cost elected for automobiles and other listed property • Reporting information on the use of automobiles and other transportation vehicles VI • Reporting amortization deductions Section 481(a) adjustment. Amend my 2011 taxes   If you file Form 3115 and change from an impermissible method to a permissible method of accounting for depreciation, you can make a section 481(a) adjustment for any unclaimed or excess amount of allowable depreciation. Amend my 2011 taxes The adjustment is the difference between the total depreciation actually deducted for the property and the total amount allowable prior to the year of change. Amend my 2011 taxes If no depreciation was deducted, the adjustment is the total depreciation allowable prior to the year of change. Amend my 2011 taxes A negative section 481(a) adjustment results in a decrease in taxable income. Amend my 2011 taxes It is taken into account in the year of change and is reported on your business tax returns as “other expenses. Amend my 2011 taxes ” A positive section 481(a) adjustment results in an increase in taxable income. Amend my 2011 taxes It is generally taken into account over 4 tax years and is reported on your business tax returns as “other income. Amend my 2011 taxes ” However, you can elect to use a one-year adjustment period and report the adjustment in the year of change if the total adjustment is less than $25,000. Amend my 2011 taxes Make the election by completing the appropriate line on Form 3115. Amend my 2011 taxes   If you file a Form 3115 and change from one permissible method to another permissible method, the section 481(a) adjustment is zero. Amend my 2011 taxes Prev  Up  Next   Home   More Online Publications
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Amend my 2011 taxes 37. Amend my 2011 taxes   Otros Créditos Table of Contents Qué Hay de Nuevo Introduction Useful Items - You may want to see: Créditos no ReembolsablesCrédito por Adopción Crédito por Vehículo Motorizado Alternativo Crédito por Bienes de Reabastecimiento de Vehículos con Combustible Alternativo Crédito para Titulares de Bonos de Crédito Tributario Crédito por Impuestos Extranjeros Crédito por Intereses Hipotecarios Crédito no Reembolsable del Impuesto Mínimo de Años Anteriores Crédito por Vehículos Enchufables con Motor de Dirección Eléctrica Créditos por Energía de la Propiedad Residencial Crédito por Aportaciones a Cuentas de Ahorro para la Jubilación (Crédito del Ahorrador) Créditos ReembolsablesCrédito por el Impuesto sobre Ganancias de Capital no Distribuidas Crédito Tributario por Cobertura del Seguro Médico Crédito por Retención en Exceso del Impuesto del Seguro Social o del Impuesto de la Jubilación Ferroviaria Qué Hay de Nuevo Crédito por adopción. Amend my 2011 taxes . Amend my 2011 taxes  El crédito máximo por adopción es $12,970 para el año 2013. Amend my 2011 taxes Vea Crédito por Adopción . Amend my 2011 taxes Crédito por vehículo electrónico enchufable. Amend my 2011 taxes  El crédito por vehículos electrónicos enchufables ha vencido. Amend my 2011 taxes Crédito reembolsable del impuesto mínimo de años anteriores. Amend my 2011 taxes   La parte reembolsable del crédito del impuesto mínimo alternativo de años anteriores ha vencido. Amend my 2011 taxes Retención en exceso de los impuestos al Seguro Social y a la jubilación ferroviaria. Amend my 2011 taxes . Amend my 2011 taxes  Tanto los impuestos al Seguro Social como los impuestos del nivel 1 de jubilación ferroviaria (RRTA, por sus siglas en inglés) fueron retenidos de los salarios hasta el límite de $113,700 a una tasa de 6. Amend my 2011 taxes 2% durante 2013. Amend my 2011 taxes Si durante 2013, usted trabajó para más de un empleador y se le retuvo demasiado impuesto al Seguro Social o de jubilación ferroviaria, podría tener derecho a un crédito por la retención en exceso. Amend my 2011 taxes Vea Crédito por Retención en Exceso del Impuesto del Seguro Social o deI Impuesto de la Jubilación Ferroviaria . Amend my 2011 taxes Introduction Este capítulo trata de los siguientes créditos no reembolsables: Crédito por adopción. Amend my 2011 taxes Crédito por vehículo motorizado alternativo. Amend my 2011 taxes Crédito por bienes de reabastecimiento de vehículos con combustible alternativo. Amend my 2011 taxes Crédito para titulares de bonos de crédito tributario. Amend my 2011 taxes Crédito por impuestos extranjeros. Amend my 2011 taxes Crédito por intereses hipotecarios. Amend my 2011 taxes Crédito no reembolsable del impuesto mínimo de años anteriores. Amend my 2011 taxes Crédito por vehículos enchufables con motor de dirección eléctrica. Amend my 2011 taxes Créditos por energía de la propiedad residencial. Amend my 2011 taxes Crédito por aportaciones a arreglos de ahorros para la jubilación. Amend my 2011 taxes Este capítulo trata también de los siguientes créditos reembolsables: Crédito por el impuesto sobre ganancias de capital no distribuidas. Amend my 2011 taxes Crédito tributario por cobertura del seguro médico. Amend my 2011 taxes Crédito por retención en exceso del impuesto del Seguro Social o del impuesto de la jubilación ferroviaria. Amend my 2011 taxes En otros capítulos de esta publicación, se explican otros créditos. Amend my 2011 taxes Crédito por gastos del cuidado de menores y dependientes (capítulo 32). Amend my 2011 taxes Crédito para ancianos o personas incapacitadas (capítulo 33). Amend my 2011 taxes Crédito tributario por hijos (capítulo 34). Amend my 2011 taxes Créditos tributarios por estudios (capítulo 35). Amend my 2011 taxes Crédito por ingreso del trabajo (capítulo 36). Amend my 2011 taxes Créditos no reembolsables. Amend my 2011 taxes   La primera parte de este capítulo, Créditos no Reembolsables , abarca diez créditos que se restan de sus impuestos. Amend my 2011 taxes Puede ser que estos créditos reduzcan los impuestos a cero. Amend my 2011 taxes Si estos créditos superan el total de sus impuestos, no se le devuelve el excedente. Amend my 2011 taxes Créditos reembolsables. Amend my 2011 taxes   La segunda parte de este capítulo, Créditos Reembolsables , abarca tres créditos que se consideran pagos y que le pueden ser reembolsados. Amend my 2011 taxes Estos créditos se agregan a los impuestos federales sobre el ingreso retenidos y todo pago de impuesto estimado que haya hecho. Amend my 2011 taxes Si el total de éstos es superior al total de los impuestos, se le reembolsará el excedente. Amend my 2011 taxes Useful Items - You may want to see: Publicación 502 Medical and Dental Expenses (Gastos médicos y dentales), en inglés 514 Foreign Tax Credit for Individuals (Crédito por impuestos del extranjero para personas físicas), en inglés 530 Tax Information for Homeowners (Información tributaria para propietarios de vivienda), en inglés 590 Individual Retirement Arrangements (IRAs) (Arreglos de ahorros para la jubilación (Arreglos IRA)), en inglés Formulario (e Instrucciones) 1116 Foreign Tax Credit (Crédito por impuestos extranjeros), en inglés 2439 Notice to Shareholder of Undistributed Long-Term Capital Gains (Aviso al accionista de ganancias de capital a largo plazo no distribuidas), en inglés 5695 Residential Energy Credits (Créditos por energía de la propiedad residencial), en inglés 8396 Mortgage Interest Credit (Crédito por intereses hipotecarios), en inglés 8801 Credit For Prior Year Minimum Tax – Individuals, Estates, and Trusts (Crédito del impuesto mínimo de años anteriores–personas físicas, caudales hereditarios o fideicomisos), en inglés 8828 Recapture of Federal Mortgage Subsidy (Recuperación del subsidio hipotecario federal), en inglés 8839 Qualified Adoption Expenses (Gastos de adopción calificados), en inglés 8880 Credit for Qualified Retirement Savings Contributions (Crédito por aportaciones calificadas a arreglos de ahorros para la jubilación), en inglés 8885 Health Coverage Tax Credit (Crédito tributario por cobertura del seguro médico), en inglés 8910 Alternative Motor Vehicle Credit (Crédito por vehículo motorizado alternativo), en inglés 8911 Alternative Fuel Vehicle Refueling Property Credit (Crédito por bienes de reabastecimiento de vehículos de combustible alternativo), en inglés 8912 Credit to Holders of Tax Credit Bonds (Crédito para titulares de bonos de crédito tributario), en inglés 8936 Qualified Plug-In Electric Drive Motor Vehicle Credit (Crédito por vehículos enchufables con motor de dirección eléctrica que reúnen los requisitos), en inglés Créditos no Reembolsables Los créditos tratados en esta parte del capítulo pueden reducir los impuestos. Amend my 2011 taxes No obstante, si el total de estos créditos supera el total de sus impuestos, no se le devuelve el excedente. Amend my 2011 taxes Crédito por Adopción Tal vez pueda tomar un crédito tributario de hasta $12,970 por gastos calificados que se hayan pagado para adoptar a un niño que reúna los requisitos. Amend my 2011 taxes El crédito podría permitirse en el caso de la adopción de un niño con necesidades especiales aunque usted no tenga gastos calificados. Amend my 2011 taxes El crédito se reduce si tiene ingresos brutos modificados (MAGI, por sus siglas en inglés) mayores de $194,580. Amend my 2011 taxes Si tiene ingresos brutos modificados iguales o mayores de $234,580 no puede reclamar el crédito. Amend my 2011 taxes Gastos de adopción calificados. Amend my 2011 taxes   Los gastos de adopción calificados son gastos razonables y necesarios directamente relacionados con la adopción legal de un hijo que reúna los requisitos y cuyo fin sea la adopción legal. Amend my 2011 taxes Dichos gastos abarcan: Honorarios de adopción, Costos judiciales, Honorarios de abogado, Gastos de viaje (incluyendo gastos de comida y alojamiento) mientras esté fuera de casa y Gastos de readopción para adoptar a un niño extranjero. Amend my 2011 taxes Gastos no calificados. Amend my 2011 taxes   Los gastos de adopción calificados no abarcan gastos: Que infrinjan la ley estatal o federal, Para llevar a cabo un acuerdo para autorizar los cuidados de un tutor (o padre sustituto), Por la adopción del hijo de su cónyuge, Para los cuales haya recibido fondos conforme a algún programa federal, estatal o local, Permitidos como crédito o deducción conforme a algún otro requisito de los impuestos federales sobre el ingreso o Pagados o reembolsados por su empleador o alguna otra persona u organización. Amend my 2011 taxes Hijo que reúne los requisitos. Amend my 2011 taxes   El término “hijo que reúne los requisitos” designa a toda persona que: Tenga menos de 18 años de edad o Esté física o mentalmente incapacitada para cuidar de sí misma. Amend my 2011 taxes Hijo con necesidades especiales. Amend my 2011 taxes   Un hijo con necesidades especiales reúne los requisitos si se dan las tres condiciones siguientes: El hijo fue ciudadano o residente de los Estados Unidos (incluyendo posesiones (territorios no autónomos) de los EE. Amend my 2011 taxes UU. Amend my 2011 taxes ) al iniciarse los trámites de adopción. Amend my 2011 taxes Un estado (incluido el Distrito de Columbia) ha determinado que el hijo no puede o no debe ser devuelto al hogar de sus padres. Amend my 2011 taxes El estado ha decidido que el hijo no puede ser adoptado a no ser que se les proporcione ayuda a los padres adoptivos. Amend my 2011 taxes Los factores que los estados usan para llegar a esta determinación incluyen los siguientes: El origen étnico del hijo, La edad del hijo, Si el hijo es miembro de un grupo de minoría o tiene hermanos o hermanas y Si el hijo padece de una afección médica o un impedimento físico, mental o emocional. Amend my 2011 taxes Cuándo reclamar el crédito. Amend my 2011 taxes   Generalmente, hasta finalizar la adopción, se toma el crédito en el año siguiente al año en el que se hayan ocasionado o pagado los gastos calificados. Amend my 2011 taxes Si se concluye el proceso de adopción, reclame el crédito en el año en el que se hayan ocasionado o pagado los gastos. Amend my 2011 taxes Vea las Instrucciones del Formulario 8839 para más información sobre cuándo se debe reclamar el crédito. Amend my 2011 taxes Hijo extranjero. Amend my 2011 taxes   Si el hijo no es ciudadano o residente de los EE. Amend my 2011 taxes UU. Amend my 2011 taxes al empezar los trámites de adopción, usted no puede reclamar el crédito a menos que concluya el proceso de adopción. Amend my 2011 taxes Todo gasto de adopción que se haya ocasionado o pagado en años anteriores al finalizar el proceso de adopción se considera ocasionado o pagado en el año en que se concluya dicho proceso. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Calcule su crédito no reembolsable de 2013 y cualquier crédito que está traspasando a el 2014 en el Formulario 8839 y adjúntelo a su Formulario 1040. Amend my 2011 taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Amend my 2011 taxes Marque la casilla c y anote “8839” en la línea que se encuentra junto a esa casilla. Amend my 2011 taxes Más información. Amend my 2011 taxes   Para información adicional, vea las Instrucciones del Formulario 8839, en inglés. Amend my 2011 taxes Crédito por Vehículo Motorizado Alternativo Quizás pueda reclamar este crédito si pone en uso un vehículo motorizado de pila de combustible calificado en 2013. Amend my 2011 taxes Cantidad del crédito. Amend my 2011 taxes   Generalmente, puede basarse en la certificación del fabricante al IRS para saber si un vehículo de cierta marca, modelo y año reúne los requisitos para el crédito y para la cantidad máxima del mismo por el cual reúne los requisitos. Amend my 2011 taxes Si se trata de un fabricante extranjero, por lo general, puede basarse en la certificación de su distribuidor nacional al IRS. Amend my 2011 taxes    Normalmente, la cantidad del crédito suele ser el 100% del crédito máximo permisible tal y como lo certifique el fabricante (o el distribuidor nacional al IRS). Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Para tomar el crédito, tiene que completar el Formulario 8910 y adjuntarlo al Formulario 1040. Amend my 2011 taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Amend my 2011 taxes Marque el recuadro c y anote “8910” en la línea al lado de dicho recuadro. Amend my 2011 taxes Información adicional. Amend my 2011 taxes   Para más información sobre el crédito, vea las Instrucciones del Formulario 8910. Amend my 2011 taxes Crédito por Bienes de Reabastecimiento de Vehículos con Combustible Alternativo Tal vez pueda tomar un crédito si pone en uso en 2013 bienes de reabastecimiento de vehículos con combustible alternativo calificados. Amend my 2011 taxes Bienes de reabastecimiento de vehículos de combustible alternativo calificados. Amend my 2011 taxes   Los bienes de reabastecimiento de vehículos de combustible alternativo calificados son aquéllos (que no sean edificios ni los componentes estructurales de los mismos) que se utilicen para cualquiera de los siguientes: Para almacenar o surtir un combustible alternativo en el tanque de combustible de un vehículo de motor propulsado por dicho combustible, pero sólo si el proceso de almacenamiento o reabastecimiento se lleva a cabo en el sitio donde el combustible se coloca en ese tanque. Amend my 2011 taxes Para recargar un vehículo eléctrico, pero sólo si la propiedad de recarga se encuentra en el lugar donde se recarga el vehículo. Amend my 2011 taxes   Los siguientes son combustibles alternativos: Todo combustible del cual por lo menos el 85% del volumen consiste en uno o más de los siguientes: etanol, gas natural, gas natural comprimido, gas natural licuado, gas licuado de petróleo o hidrógeno. Amend my 2011 taxes Toda mezcla que consista en dos o más de los siguientes: biodiésel, gasóleo (gasolina diésel) o queroseno y de la cual por lo menos el 20% del volumen consiste en biodiésel según determinado sin tener en cuenta cantidad alguna de queroseno. Amend my 2011 taxes Electricidad. Amend my 2011 taxes Cantidad del crédito. Amend my 2011 taxes   Para bienes de uso personal, el crédito suele ser la cantidad menor entre el 30% del costo de dichos bienes o $1,000. Amend my 2011 taxes Para bienes de uso comercial, el crédito suele ser la cantidad menor entre el 30% del costo de dichos bienes o $30,000. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Para tomar el crédito, tiene que completar el Formulario 8911 y adjuntarlo al Formulario 1040. Amend my 2011 taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Amend my 2011 taxes Marque el recuadro c y anote “8911” en la línea al lado de dicho recuadro. Amend my 2011 taxes Información adicional. Amend my 2011 taxes   Para más información sobre el crédito, vea las instrucciones del Formulario 8911, en inglés. Amend my 2011 taxes Crédito para Titulares de Bonos de Crédito Tributario Los bonos de crédito tributario son bonos de los cuales el titular recibe un crédito tributario en vez de los intereses sobre el bono, o una parte de los mismos. Amend my 2011 taxes Tal vez pueda reclamar un crédito si es titular de uno de los siguientes bonos: Bonos de energía limpia y renovable (emitidos antes de 2010). Amend my 2011 taxes Bonos de energía limpia y renovable nuevos. Amend my 2011 taxes Bonos calificados de ahorro de energía. Amend my 2011 taxes Bonos calificados de construcción de escuelas. Amend my 2011 taxes Bonos para zonas de academia calificadas. Amend my 2011 taxes Bonos de construcción de proyectos públicos en los Estados Unidos (Bonos Build America). Amend my 2011 taxes En algunos casos, un emisor puede optar por recibir un crédito correspondiente a los intereses pagados sobre el bono. Amend my 2011 taxes Si el emisor elige esta opción, usted no puede también reclamar un crédito. Amend my 2011 taxes Ingresos procedentes de intereses. Amend my 2011 taxes   La cantidad de todo crédito tributario permitido (calculado antes de aplicarse los límites de responsabilidad tributaria) se tiene que incluir en la declaración como ingresos procedentes de intereses. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Complete el Formulario 8912 y adjúntelo al Formulario 1040. Amend my 2011 taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Amend my 2011 taxes Marque el recuadro c y anote “8912” en la línea al lado de dicho recuadro. Amend my 2011 taxes Información adicional. Amend my 2011 taxes   Para más información, vea las Instrucciones del Formulario 8912, en inglés. Amend my 2011 taxes Crédito por Impuestos Extranjeros Generalmente, puede optar por declarar un crédito por los impuestos sobre el ingreso pagados o acumulados por usted a lo largo del año a un país extranjero o posesión (territorio no autónomo) de los Estados Unidos, aplicándolo como crédito contra el impuesto sobre el ingreso de los Estados Unidos. Amend my 2011 taxes O puede deducirlos como una deducción detallada (vea el capítulo 22). Amend my 2011 taxes No puede reclamar un crédito (ni una deducción) por impuestos sobre el ingreso extranjero pagado sobre ingresos que se excluyan del impuesto de los EE. Amend my 2011 taxes UU. Amend my 2011 taxes en los siguientes casos: Exclusión de ingresos ganados de fuentes en el extranjero. Amend my 2011 taxes Exclusión por concepto de vivienda en el extranjero. Amend my 2011 taxes Ingresos de fuentes en Puerto Rico exentos de impuestos de los Estados Unidos. Amend my 2011 taxes Exclusión en las posesiones (territorios no autónomos) de los Estados Unidos. Amend my 2011 taxes Límite del crédito. Amend my 2011 taxes   A menos que decida no presentar el Formulario 1116 (vea Excepción , más adelante), el crédito por impuestos extranjeros pagados no puede superar los impuestos a pagar al gobierno de los Estados Unidos (línea 44 del Formulario 1040), multiplicados por una fracción. Amend my 2011 taxes El numerador de esta fracción será los ingresos tributables de fuentes fuera de los Estados Unidos. Amend my 2011 taxes El denominador será el total de los ingresos tributables de fuentes en los Estados Unidos y en el extranjero. Amend my 2011 taxes Vea la Publicación 514, en inglés, para más información. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Complete el Formulario 1116 y adjúntelo al Formulario 1040. Amend my 2011 taxes Anote el crédito en la línea 47 del Formulario 1040. Amend my 2011 taxes Excepción. Amend my 2011 taxes   No necesita llenar el Formulario 1116 para reclamar el crédito si se dan todas las siguientes condiciones: Todos sus ingresos brutos de fuentes en el extranjero provienen de intereses y dividendos y dichos ingresos en su totalidad más los impuestos extranjeros que se pagaron sobre esos ingresos se les informaron a usted en el Formulario 1099-INT, Formulario 1099-DIV o en el Anexo K-1 (o un documento similar sustitutivo). Amend my 2011 taxes Si usted tuvo ingreso de dividendos provenientes de participación en acciones, usted mantuvo en tenencia dichas acciones por lo menos 16 dias. Amend my 2011 taxes No está presentando el Formulario 4563 ni excluyendo ingresos provenientes de fuentes en Puerto Rico. Amend my 2011 taxes El total de los impuestos extranjeros no era superior a $300 ($600 si es casado que presenta una declaración conjunta). Amend my 2011 taxes Todos sus impuestos extranjeros fueron: Adeudados legalmente y no reunían los requisitos para un reembolso y Pagados a países que son reconocidos como tal por los Estados Unidos y que no apoyan el terrorismo. Amend my 2011 taxes Más información. Amend my 2011 taxes   Para información más detallada acerca del crédito y estos requisitos, vea las Instrucciones del Formulario 1116, en inglés. Amend my 2011 taxes Crédito por Intereses Hipotecarios El crédito por intereses hipotecarios tiene la finalidad de ayudar a personas de bajos recursos a comprar una vivienda. Amend my 2011 taxes Si reúne los requisitos, puede reclamar el crédito cada año para una parte de los intereses hipotecarios de vivienda que pague. Amend my 2011 taxes Quién reúne los requisitos. Amend my 2011 taxes   Tal vez pueda reclamar el crédito si un gobierno estatal o local le emitió un certificado de crédito hipotecario que reúne los requisitos (MCC, por sus siglas en inglés). Amend my 2011 taxes Generalmente, un MCC se emite sólo en relación con una nueva hipoteca para la compra de su vivienda principal. Amend my 2011 taxes Cantidad del crédito. Amend my 2011 taxes   Calcule su crédito en el Formulario 8396. Amend my 2011 taxes Si la cantidad del préstamo hipotecario es igual (o menor que) a la cantidad adeudada confirmada (préstamo) que aparece en el MCC, anote en la línea 1 del Formulario 8396 todos los intereses que haya pagado sobre la hipoteca durante el año. Amend my 2011 taxes   Si la cantidad del préstamo hipotecario es mayor que la cantidad adeudada confirmada que aparece en el MCC, puede calcular el crédito sólo sobre una parte de los intereses que haya pagado. Amend my 2011 taxes Para encontrar la cantidad que debe anotar en la línea 1, multiplique por la siguiente fracción el total de los intereses que haya pagado sobre una hipoteca a lo largo del año. Amend my 2011 taxes      Cantidad adeudada confirmada que aparece en el MCC     Cantidad original de la hipoteca      Límite basado en la tasa de crédito. Amend my 2011 taxes   Si la tasa de crédito del certificado es superior al 20%, el crédito que se le permita no puede sobrepasar $2,000. Amend my 2011 taxes Si dos o más personas (que no sean un matrimonio que presente una declaración conjunta) tienen una participación en la vivienda a la que se refiere el MCC, este límite de $2,000 tiene que dividirse según la participación de cada persona. Amend my 2011 taxes Vea la Publicación 530, en inglés, para información adicional. Amend my 2011 taxes Traspasos a un año posterior. Amend my 2011 taxes   El crédito (luego de aplicar el límite basado en la tasa de crédito) también está sujeto a un límite basado en el impuesto calculado en el Formulario 8396. Amend my 2011 taxes Si el crédito permitido disminuye a causa de este límite sobre los impuestos adeudados, puede traspasar la parte del crédito que no haya utilizado a los 3 próximos años o hasta que se utilice en su totalidad, lo que ocurra primero. Amend my 2011 taxes   Si está sujeto al límite de los $2,000 debido a que la tasa de crédito del certificado es superior al 20%, no puede traspasar a un año posterior ninguna cantidad superior a $2,000 (o, en el caso de que tenga que dividir el crédito, la parte de los $2,000 que le corresponda). Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes    Calcule el crédito de 2013, y toda cantidad que se haya traspasado a 2014, en el Formulario 8396 y adjúntelo al Formulario 1040. Amend my 2011 taxes Cerciórese de incluir todo crédito traspasado, correspondiente a 2010, 2011 y 2012. Amend my 2011 taxes   Incluya el crédito en el total de la línea 53 del Formulario 1040. Amend my 2011 taxes Marque el recuadro c y escriba “8396” en la línea al lado de dicho recuadro. Amend my 2011 taxes Reducción de la deducción por intereses sobre una hipoteca de vivienda. Amend my 2011 taxes   Si detalla sus deducciones en el Anexo A del Formulario 1040, tiene que restar la cantidad del crédito por intereses hipotecarios, indicada en la línea 3 del Formulario 8396, de la deducción por intereses sobre una hipoteca de vivienda. Amend my 2011 taxes Tiene que hacerlo aunque parte de dicha cantidad se traspase a 2014. Amend my 2011 taxes Para más información sobre la deducción por intereses sobre una hipoteca de vivienda, vea el capítulo 23. Amend my 2011 taxes Recuperación del subsidio hipotecario federal. Amend my 2011 taxes   Si recibió un MCC junto con el préstamo hipotecario, podría verse obligado a recuperar (reintegrar) todo o parte del beneficio que haya recibido de ese programa. Amend my 2011 taxes Se le podría exigir esta recuperación si vende o enajena su vivienda con ganancias durante los 9 años siguientes al cierre de su préstamo hipotecario. Amend my 2011 taxes Vea las Instrucciones para el Formulario 8828, disponibles en inglés, y el capítulo 15 para más información. Amend my 2011 taxes Más información. Amend my 2011 taxes   Para información más detallada acerca del crédito, vea las instrucciones del Formulario 8396, en inglés. Amend my 2011 taxes Crédito no Reembolsable del Impuesto Mínimo de Años Anteriores La ley tributaria concede un trato especial a ciertos tipos de ingresos y permite deducciones y créditos especiales para algunos tipos de gastos. Amend my 2011 taxes Si se beneficia de estas leyes, podría verse obligado a pagar por lo menos una cantidad mínima de impuestos además de cualquier otro impuesto sobre estas partidas. Amend my 2011 taxes A esto se le llama impuesto mínimo alternativo (AMT, por sus siglas en inglés). Amend my 2011 taxes El trato especial de ciertas partidas de ingresos y gastos sólo le permite aplazar el pago de los impuestos hasta un año posterior. Amend my 2011 taxes Si pagó el impuesto mínimo alternativo en años anteriores a causa de estas partidas tributarias postergadas, tal vez pueda reclamar un crédito por el impuesto mínimo de años anteriores, a favor del impuesto habitual del año en curso. Amend my 2011 taxes Quizás pueda reclamar un crédito y aplicarlo a favor del impuesto habitual si en 2012 tuvo: Impuesto mínimo alternativo adeudado y ajustes o partidas con beneficio tributario que no sean conceptos a excluirse, Un crédito del impuesto mínimo que traspase a 2013 o Un crédito no permitido por vehículos eléctricos calificados. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes    Calcule el crédito no reembolsable de 2013 (de haberlo), y toda cantidad que se haya traspasado a 2014, en el Formulario 8801 y adjúntelo al Formulario 1040. Amend my 2011 taxes Incluya el crédito en el total de la línea 53 del Formulario 1040 y marque el recuadro b. Amend my 2011 taxes Puede traspasar a años posteriores, hasta agotarlo, todo crédito del impuesto mínimo de años anteriores que no se haya utilizado. Amend my 2011 taxes Información adicional. Amend my 2011 taxes   Para más información sobre el crédito, vea las Instrucciones del Formulario 8801, en inglés. Amend my 2011 taxes Crédito por Vehículos Enchufables con Motor de Dirección Eléctrica Es posible que pueda tomar este crédito si, en 2013, puso en uso por fines de negocios o personales un vehículo enchufable con motor de dirección eléctrica o un vehículo eléctrico enchufable de dos o tres ruedas y dicho vehículo reúne los requisitos. Amend my 2011 taxes Vehículos enchufables con motor de dirección eléctrica y que reúnen los requisitos. Amend my 2011 taxes   El vehículo reúne los requisitos si es un vehículo nuevo con, por lo menos, cuatro llantas que: Es impulsado en su mayoría por un motor eléctrico que funciona con electricidad generada por una batería que tenga una capacidad de no menos de 4 kilovatios-horas y se puede recargar mediante una fuente externa de energía y El peso bruto del vehículo es menos de 14,000 libras. Amend my 2011 taxes Vehículos eléctricos enchufables de dos o tres ruedas que reúnen los requisitos. Amend my 2011 taxes   El vehículo reúne los requisitos si es un vehículo nuevo con dos o tres ruedas que: Tiene la capacidad de llegar a una velocidad de 45 millas por hora o más, Es impulsado en su mayoría por un motor eléctrico que funciona con electricidad generada por una batería que tenga una capacidad de no menos de 2. Amend my 2011 taxes 5 kilovatios-horas y se puede recargar mediante una fuente externa de energía y El peso bruto del vehículo es menos de 14,000 libras. Amend my 2011 taxes Certificación y otros requisitos   Generalmente, puede basarse en la certificación del fabricante al IRS (o en el caso de un fabricante extranjero, en la certificación del distribuidor doméstico) para saber si la marca, modelo y años específicos de un vehículo reúnen los requisitos del crédito y, si es aplicable, la cantidad del crédito para el cual califica. Amend my 2011 taxes Sin embargo, si el IRS publica un aviso anunciando que la certificación de alguna marca, modelo y año ha sido retirada, usted no puede basarse en la certificación del vehículo si fue comprado después de la fecha de la publicación del aviso del retiro. Amend my 2011 taxes   También tiene que cumplir los requisitos siguientes para calificar para el crédito: Usted es el dueño del vehículo. Amend my 2011 taxes Si el vehículo es arrendado, sólo el arrendador, y no el arrendatario, tiene derecho al crédito. Amend my 2011 taxes El vehículo fue puesto en servicio en 2013. Amend my 2011 taxes El vehículo es fabricado principalmente para uso en calles, caminos y carreteras públicas. Amend my 2011 taxes El uso original del vehículo comenzó con usted. Amend my 2011 taxes Adquirió el vehículo para utilizarlo usted mismo o para el arrendamiento a un tercero y no para revenderlo. Amend my 2011 taxes En el caso de un vehículo eléctrico enchufable de dos o tres ruedas que reúna los requisitos, el vehículo tiene que haber sido adquirido después de 2011 y antes de 2014. Amend my 2011 taxes Utiliza el vehículo principalmente en los Estados Unidos. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Para tomar el crédito, tiene que completar el Formulario 8936 y adjuntarlo a su Formulario 1040. Amend my 2011 taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Amend my 2011 taxes Marque el recuadro c y anote “8936” en la línea al lado de dicho recuadro. Amend my 2011 taxes    Más información. Amend my 2011 taxes   Para más información acerca del crédito, vea las instrucciones del Formulario 8936, en inglés. Amend my 2011 taxes Créditos por Energía de la Propiedad Residencial Podría tener derecho a uno o los dos siguientes créditos si hizo mejoras para conservar energía en su vivienda ubicada en los Estados Unidos en 2013. Amend my 2011 taxes Crédito tributario por energía de la propiedad no empresarial. Amend my 2011 taxes Crédito de eficiencia energética para propiedades residenciales. Amend my 2011 taxes Si es integrante de un comité de administración de condominios para un condominio del que sea dueño o inquilino-accionista de una sociedad anónima de cooperativa de viviendas, se considera que ha pagado la parte proporcionada que le corresponde de todo costo de tal comité o sociedad anónima para fines de estos créditos. Amend my 2011 taxes Crédito tributario por energía de la propiedad no empresarial. Amend my 2011 taxes   Tal vez pueda tomar un crédito igual a la suma de: El 10% de los costos pagados para mejoras de eficiencia energética instaladas en 2013 y Todo costo pagado o incurrido para energía de la propiedad residencial en 2013. Amend my 2011 taxes   Existe un límite vitalicio de $500 para todos los años posteriores al año 2005, de lo que sólo $200 pueden ser por ventanas; $50 por un ventilador de circulación de aire principal avanzado; $150 por un calentador de agua a base de gas natural propano o petróleo; y $300 por cualquier artículo de eficiencia energética para propiedades residenciales. Amend my 2011 taxes Si la cantidad total de los créditos tributarios por energía de la propiedad no empresarial que ha tomado en años previos (después del 2005) es más de $500, no puede tomar este crédito en el año 2013. Amend my 2011 taxes Las mejoras de eficiencia energética que reúnen los requisitos son las siguientes mejoras siempre y cuando sean nuevas, se espere que sigan en uso por lo menos 5 años y cumplan determinados requisitos de la eficiencia energética: Todo material aislante o sistema que haya sido diseñado expresa y principalmente para reducir la pérdida o el aumento de temperatura (calentamiento) en una vivienda. Amend my 2011 taxes Ventanas exteriores (incluidos tragaluces). Amend my 2011 taxes Puertas exteriores. Amend my 2011 taxes Todo techo de metal o asfalto que tenga capas pigmentadas o gránulos de enfriamiento adecuados que hayan sido diseñados expresa y principalmente para reducir el aumento de temperatura (calentamiento) de la vivienda. Amend my 2011 taxes Se considera que la propiedad de energía residencial es cualquiera de los siguientes aparatos: Determinados calentadores eléctricos de agua con bomba de calor, bombas de calor eléctricas, acondicionadores de aire centrales, calentadores de agua a gas natural, propano o petróleo; y estufas que consumen combustibles de biomasa. Amend my 2011 taxes Calderas de gas natural, propano o petróleo que reúnen los requisitos; y calderas de agua caliente a gas natural, propano o petróleo que reúnen los requisitos. Amend my 2011 taxes Determinados ventiladores de circulación de aire principal avanzados que sean componentes de las calderas de gas natural, propano o petróleo. Amend my 2011 taxes Crédito por energía eficaz de la propiedad residencial. Amend my 2011 taxes   Quizás pueda tomar un crédito del 30% de los costos de propiedad eléctrica de energía solar, propiedad de calentamiento de agua por energía solar, propiedad de pilas de combustible, propiedad eólica de menor tamaño y propiedad de bomba de calor geotérmico. Amend my 2011 taxes En el caso de costos pagados por propiedad de pilas de combustible que reúne los requisitos, la cantidad del crédito está limitada a $500 por cada medio kilovatio de capacidad de dicha propiedad. Amend my 2011 taxes Reducción en la base. Amend my 2011 taxes   Tiene que reducir la base de su vivienda por la cantidad de todo crédito permitido. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Complete el Formulario 5695 y adjúntelo al Formulario 1040. Amend my 2011 taxes Anote el crédito en la línea 52 del Formulario 1040. Amend my 2011 taxes Información adicional. Amend my 2011 taxes   Para más información sobre estos créditos, vea las instrucciones del Formulario 5695, en inglés. Amend my 2011 taxes Crédito por Aportaciones a Cuentas de Ahorro para la Jubilación (Crédito del Ahorrador) Podría reclamar este crédito si usted, o su cónyuge si presenta una declaración conjunta, hizo: Aportaciones (que no sean reinversiones) a un arreglo IRA tradicional o un arreglo Roth IRA, Aplazamientos optativos a un plan conforme a la sección 401(k) o 403(b) (incluidas aportaciones a un arreglo designado Roth) o a un plan SEP, SIMPLE o plan gubernamental conforme a la sección 457, Aportaciones voluntarias del empleado a un plan de jubilación que reúna los requisitos (incluido el Thrift Savings Plan (Cuenta de Ahorros de Jubilación) para empleados del gobierno federal) o Aportaciones a un plan conforme a la sección 501(c)(18)(D). Amend my 2011 taxes No obstante, no puede reclamar el crédito si se da cualquiera de las siguientes situaciones: La cantidad de la línea 38 del Formulario 1040 o de la línea 22 del Formulario 1040A es mayor de $29,500 ($44,250 si es cabeza de familia; $59,000 si es casado que presenta una declaración conjunta). Amend my 2011 taxes La persona que hizo la aportación o el aplazamiento optativo que reúne los requisitos (a) nació después del 1 de enero de 1996, (b) ha sido declarado como dependiente en la declaración de impuestos de 2013 de otra persona o (c) era estudiante (se define a continuación). Amend my 2011 taxes Estudiante. Amend my 2011 taxes   Usted era estudiante si, durante alguna parte de cada uno de 5 meses del año natural de 2013: Estaba matriculado en una escuela como estudiante a tiempo completo o Tomó un curso a tiempo completo de capacitación agrícola ofrecido en terreno por una escuela o por una agencia del estado, condado o gobierno local. Amend my 2011 taxes Escuela. Amend my 2011 taxes   El término “escuela” abarca escuelas politécnicas, profesionales e industriales. Amend my 2011 taxes Una escuela no incluye un curso de capacitación en el trabajo, escuela por correspondencia, ni escuelas que ofrecen cursos sólo por Internet. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Calcule el crédito en el Formulario 8880. Amend my 2011 taxes Anote el crédito en la línea 50 del Formulario 1040 o la línea 32 del Formulario 1040A y adjunte el Formulario 8880 a su declaración. Amend my 2011 taxes Más información. Amend my 2011 taxes   Para más información sobre el crédito, vea las instrucciones del Formulario 8880, disponibles en inglés. Amend my 2011 taxes Créditos Reembolsables Los créditos explicados en esta parte del capítulo se tratan como pagos de impuestos. Amend my 2011 taxes Si el total de estos créditos, impuestos federales sobre el ingreso retenidos y pagos de su impuesto estimado es mayor al total de sus impuestos, se le puede reembolsar el excedente. Amend my 2011 taxes Crédito por el Impuesto sobre Ganancias de Capital no Distribuidas Tiene que incluir en los ingresos toda cantidad que le hayan asignado sociedades inversionistas reglamentadas (comúnmente llamadas fondos mutuos) o sociedades de inversión inmobiliaria (REIT, por sus siglas en inglés) como distribuciones de ganancias de capital, aunque de hecho no la haya recibido. Amend my 2011 taxes Si el fondo mutuo o sociedad de inversión inmobiliaria pagó impuestos sobre la ganancia de capital, se le permite un crédito por los impuestos ya que se considera que usted lo pagó. Amend my 2011 taxes El fondo mutuo o sociedad de inversión inmobiliaria le enviará el Formulario 2439 indicando su parte de las ganancias de capital no distribuidas y los impuestos pagados, de haberlos. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Para reclamar el crédito, adjunte la Copia B del Formulario 2439 a su Formulario 1040. Amend my 2011 taxes Incluya la cantidad de la casilla 2 de su Formulario 2439 en el total de la línea 71 del Formulario 1040 y marque la casilla a. Amend my 2011 taxes Más información. Amend my 2011 taxes   Vea Distribuciones de Ganancias de Capital , en el capítulo 8 para más información sobre ganancias de capital no distribuidas. Amend my 2011 taxes Crédito Tributario por Cobertura del Seguro Médico Tal vez pueda reclamar este crédito para cualquier mes en el que se cumplan todos los siguientes requisitos el primer día del mes: Tenía derecho, como beneficiario, a recibir pagos de asistencia de ajuste comercial (TAA, por sus siglas en inglés), pagos de asistencia alternativa de ajuste comercial (ATAA, por sus siglas en inglés), pagos de asistencia de ajuste comercial relacionados con el reempleo (RTAA, por sus siglas en inglés) o una pensión de la Pension Benefit Guaranty Corporation (Corporación de garantía de beneficios de pensiones o PBGC, por sus siglas en inglés, y definida más adelante); o si era un miembro calificado de la familia de uno de estos individuos cuando dicho individuo falleció o cuando se finalizó su divorcio con uno de estos individuos. Amend my 2011 taxes Usted y/o los miembros de su familia estaban cubiertos por un plan de seguro médico que reúne los requisitos y por el cual pagó la totalidad de las primas o su parte correspondiente directamente a dicho plan o al U. Amend my 2011 taxes S. Amend my 2011 taxes Treasury— HCTC (Tesoro de los Estados Unidos, Crédito por cobertura del seguro médico). Amend my 2011 taxes No estaba inscrito en la Parte A, B o C del seguro Medicare o estaba inscrito en el programa Medicare pero su familia reunió los requisitos para el HCTC. Amend my 2011 taxes No estaba inscrito en el programa Medicaid ni en el Children's Health Insurance Program (Programa de seguro médico para niños, (CHIP, por sus siglas en inglés)). Amend my 2011 taxes No estaba inscrito en el programa Federal Employees Health Benefits (Seguro médico para empleados federales o FEHBP, por sus siglas en inglés) ni tenía derecho a recibir beneficios conforme al sistema médico militar de los EE. Amend my 2011 taxes UU. Amend my 2011 taxes (conocido en inglés como TRICARE). Amend my 2011 taxes No estaba encarcelado por las autoridades federales, estatales o locales. Amend my 2011 taxes Su empleador no pagó el 50% o más del costo de la cobertura. Amend my 2011 taxes No recibió una reducción del 65% de una prima de COBRA de parte de su antiguo empleador o administrador de COBRA. Amend my 2011 taxes Sin embargo, no puede tomar el crédito si otra persona lo puede reclamar a usted como dependiente en su declaración de impuestos de 2013. Amend my 2011 taxes Si cumple todas estas condiciones, tal vez pueda tomar un crédito de hasta el 72. Amend my 2011 taxes 5% de la cantidad que usted pagó directamente a un plan de salud calificado para usted y todo miembro de familia que reunió los requisitos. Amend my 2011 taxes No puede tomar el crédito en el caso de primas de seguro sobre cobertura si en realidad fueron pagadas mediante una National Emergency Grant (Subvención para Emergencias Nacionales). Amend my 2011 taxes La cantidad pagada por cobertura de seguro médico calificada tiene que reducirse por toda distribución de una cuenta Archer MSA de ahorros médicos u otra cuenta de ahorros para gastos médicos que se haya utilizado para pagar por dicha cobertura. Amend my 2011 taxes Puede tomar este crédito y anotarlo en la declaración de impuestos o solicitar que se pague por adelantado en nombre suyo a su compañía de seguros. Amend my 2011 taxes Si se paga el crédito por adelantado en nombre suyo, aquella cantidad disminuye la cantidad del crédito que se pueda declarar en la declaración de impuestos. Amend my 2011 taxes Beneficiarios de la TAA. Amend my 2011 taxes   Se considera que tiene derecho a la TAA el primer día del mes si, cualquier día de dicho mes o del anterior, usted: Recibió una asignación por reajuste comercial o Hubiera tenido derecho a recibir una asignación de esta índole salvo que no había agotado todos los derechos al seguro por desempleo (con excepción de toda compensación adicional que se pague con fondos estatales y no se reembolse con fondos federales) que le correspondiera recibir (o correspondería recibir si los solicitara). Amend my 2011 taxes Ejemplo. Amend my 2011 taxes   Recibió una asignación por ajuste comercial para el mes de enero de 2013. Amend my 2011 taxes Tenía derecho a recibir la TAA el primer día de enero y febrero. Amend my 2011 taxes Beneficiarios de la alternativa TAA. Amend my 2011 taxes   Se considera que es un recipiente de la alternativa TAA el primer día del mes si, cualquier día de dicho mes o del anterior, usted recibió beneficios conforme a un programa de asistencia alternativa de ajuste comercial para empleados mayores de edad establecido por el Departamento de Trabajo. Amend my 2011 taxes Ejemplo. Amend my 2011 taxes   Recibió beneficios conforme a un programa de asistencia alternativa de ajuste comercial para empleados mayores de edad para el mes de octubre de 2013. Amend my 2011 taxes El Departamento de Trabajo estableció el programa. Amend my 2011 taxes Tenía derecho como beneficiario a recibir la alternativa TAA el primer día de octubre y noviembre. Amend my 2011 taxes Beneficiarios de la RTAA. Amend my 2011 taxes   Se considera que tiene derecho a la RTAA el primer día del mes si, cualquier día de dicho mes o del anterior, usted recibió beneficios conforme a un programa de asistencia de ajuste comercial relacionados con el reempleo para empleados mayores establecido por el Departamento de Trabajo. Amend my 2011 taxes Beneficiarios de una pensión de la PBGC. Amend my 2011 taxes   Se considera que tiene derecho como beneficiario a una pensión de la PBGC el primer día del mes si se dan las dos condiciones siguientes: Tenía 55 años de edad o más el primer día del mes. Amend my 2011 taxes Recibió beneficios para dicho mes pagados por la PBGC conforme al Título IV de la Employee Retirement Income Security Act of 1974 (Ley de Seguridad de los Ingresos de Jubilación del Empleado de 1974 o ERISA, por sus siglas en inglés). Amend my 2011 taxes Si recibió un pago de suma global de la PGBC después del 5 de agosto de 2002, cumple el requisito (2) anterior para todo mes en el que habría recibido un beneficio de la PBGC si no hubiese recibido el pago de suma global. Amend my 2011 taxes Cómo reclamar el crédito. Amend my 2011 taxes   Para tomar el crédito, tiene que completar el Formulario 8885 y adjuntarlo al Formulario 1040. Amend my 2011 taxes Incluya el crédito en el total de la línea 71 del Formulario 1040 y marque el recuadro c. Amend my 2011 taxes   Tiene que adjuntar cuentas de seguro de salud (o cupones de pago de COBRA) y pruebas de pago correspondientes a toda cantidad que se incluya en la línea 2 del Formulario 8885. Amend my 2011 taxes Para información adicional, vea la Publicación 502 o el Formulario 8885, ambos en inglés. Amend my 2011 taxes Más información. Amend my 2011 taxes   Si desea ver las definiciones y los requisitos especiales, incluyendo los que se refieren a planes de seguro médico que reúnan los requisitos, familiares que podrían darle derecho al crédito (familiares calificados), el efecto de determinados sucesos importantes en la vida y planes de seguro médico provistos por el empleador, vea la Publicación 502 y las instrucciones del Formulario 8885, ambas en inglés. Amend my 2011 taxes Crédito por Retención en Exceso del Impuesto del Seguro Social o del Impuesto de la Jubilación Ferroviaria La mayoría de los empleadores tienen que retener el impuesto del Seguro Social de los salarios de sus empleados. Amend my 2011 taxes Si trabaja para un empleador ferroviario, dicho empleador tiene que retener el impuesto de jubilación ferroviaria (RRTA, por sus siglas en inglés) de nivel 1 y de nivel 2. Amend my 2011 taxes Si trabajó para dos o más empleadores en 2013, es posible que hayan retenido de su salario demasiado impuesto del Seguro Social. Amend my 2011 taxes Si uno o mas de esos empleadores era un empleador ferroviario, también es posible que se le haya retenido demasiado impuesto de jubilación ferroviaria de nivel 1 a la tasa de 6. Amend my 2011 taxes 2%. Amend my 2011 taxes Puede declarar el impuesto del Seguro Social o impuesto de jubilación ferroviaria de nivel 1 en exceso, aplicándolo como crédito a favor de los impuestos sobre los ingresos cuando presente su declaración. Amend my 2011 taxes Para el impuesto RRTA de nivel 1, utilice únicamente la porción de impuesto de RRTA de nivel 1 que fue gravado a la tasa impositiva de 6. Amend my 2011 taxes 2% al calcular si el exceso de impuesto de RRTA de nivel 1 fue retenido, no incluya ninguna porción del impuesto de RRTA de nivel 1 que fue retenido a la tasa impositiva de Medicare (1. Amend my 2011 taxes 45%) o al a tasa impositiva del Impuesto Adicional del Medicare (0. Amend my 2011 taxes 9%). Amend my 2011 taxes En la siguiente tabla aparecen la cantidad máxima de salario sujeto a impuestos y la cantidad máxima de impuestos que debió haberse retenido para 2013. Amend my 2011 taxes Tipo de impuesto Salario  máximo  sujeto a  impuestos Impuesto máximo que debió haberse retenido Seguro Social o  RRTA de nivel 1 $113,700 $7,049. Amend my 2011 taxes 40 RRTA de nivel 2 $84,300 $3,709. Amend my 2011 taxes 20 Todo salario está sujeto a la retención de impuestos al Medicare. Amend my 2011 taxes   Utilice el Formulario 843, Claim for Refund and Request for Abatement (Solicitud de reembolso y reducción de impuestos), en inglés, para solicitar un reembolso del impuesto en exceso de la jubilación ferroviaria de nivel 2. Amend my 2011 taxes Cerciórese de adjuntar una copia de todos los Formularios W-2 que tenga. Amend my 2011 taxes Use la hoja de trabajo 3-3 de la Publicación 505, Tax Withholding and Estimated Tax (Retención de impuestos e impuesto estimado), en inglés, para poder calcular la cantidad en exceso. Amend my 2011 taxes Error del empleador. Amend my 2011 taxes   Si cualquier empleador le retuvo demasiados impuestos del Seguro Social o de la jubilación ferroviaria de nivel 1, no puede reclamar el exceso y aplicarlo como un crédito a favor de los impuestos sobre el ingreso. Amend my 2011 taxes El empleador debe ajustarle los impuestos. Amend my 2011 taxes Si el empleador no ajusta la recaudación en exceso, puede solicitar un reembolso utilizando el Formulario 843. Amend my 2011 taxes Declaración conjunta. Amend my 2011 taxes   Si presenta una declaración conjunta, no puede añadir a la cantidad retenida de su salario los impuestos del Seguro Social ni los de la jubilación ferroviaria de nivel 1 retenidos del salario de su cónyuge. Amend my 2011 taxes Calcule por separado la retención que le corresponda a usted y la que corresponda a su cónyuge para determinar si se le han retenido impuestos en exceso a cualquiera de los dos. Amend my 2011 taxes Cómo calcular el crédito si no trabajó para una empresa ferroviaria. Amend my 2011 taxes   Si no trabajó para una empresa ferroviaria en 2013, calcule el crédito de la siguiente forma: 1. Amend my 2011 taxes Sume todos los impuestos del Seguro Social retenidos (pero no más de $7,049. Amend my 2011 taxes 40 por cada empleador). Amend my 2011 taxes Anote el total aquí   2. Amend my 2011 taxes Anote todo impuesto no retenido del Seguro Social sobre propinas o seguro de vida colectivo a término que aparezca en el total de la línea 60 del Formulario 1040, identificado como “UT”   3. Amend my 2011 taxes Sume las líneas 1 y 2. Amend my 2011 taxes Si el total es $7,049. Amend my 2011 taxes 40 o menos, no siga. Amend my 2011 taxes No puede reclamar el crédito   4. Amend my 2011 taxes Límite sobre los impuestos del Seguro Social 7,049. Amend my 2011 taxes 40 5. Amend my 2011 taxes Crédito. Amend my 2011 taxes De la línea 3, reste la línea 4. Amend my 2011 taxes Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $ Ejemplo. Amend my 2011 taxes Está casado y presenta una declaración conjunta con su cónyuge quien no recibió ingresos brutos en 2013. Amend my 2011 taxes Durante 2013, usted trabajó para la empresa Brown Technology Company y ganó un salario de $60,000. Amend my 2011 taxes Le retuvieron impuestos del Seguro Social de $3,720. Amend my 2011 taxes También trabajó para otro empleador en 2013 y ganó un salario de $55,000. Amend my 2011 taxes De dicho salario, le retuvieron $3,410 de impuestos del Seguro Social. Amend my 2011 taxes Como trabajó para más de un empleador y el total de su salario superó los $113,700, puede tomar un crédito de $80. Amend my 2011 taxes 60 por los impuestos del Seguro Social retenidos en exceso. Amend my 2011 taxes 1. Amend my 2011 taxes Sume todo impuesto del Seguro Social retenido (pero no más de $7,049. Amend my 2011 taxes 40 por cada empleador). Amend my 2011 taxes Anote el total aquí $7,130. Amend my 2011 taxes 00 2. Amend my 2011 taxes Anote todo impuesto no retenido del Seguro Social sobre propinas o seguro de vida colectivo a término que aparezca en el total de la línea 60 del Formulario 1040, identificado como “UT” −0− 3. Amend my 2011 taxes Sume las líneas 1 y 2. Amend my 2011 taxes Si el total es $7,049. Amend my 2011 taxes 40 o menos, no siga. Amend my 2011 taxes No puede reclamar el crédito 7,130. Amend my 2011 taxes 00 4. Amend my 2011 taxes Límite sobre los impuestos del Seguro Social 7,049. Amend my 2011 taxes 40 5. Amend my 2011 taxes Crédito. Amend my 2011 taxes De la línea 3, reste la línea 4. Amend my 2011 taxes Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $80. Amend my 2011 taxes 60 Cómo calcular el crédito si trabajó para una empresa ferroviaria. Amend my 2011 taxes   Si fue empleado ferroviario en algún momento durante 2013, calcule el crédito de la siguiente forma: 1. Amend my 2011 taxes Sume todos los impuestos del Seguro Social y de la jubilación ferroviaria de nivel 1 retenidos a la tasa de 6. Amend my 2011 taxes 2% (pero no más de $7,049. Amend my 2011 taxes 40 por cada empleador). Amend my 2011 taxes Anote el total aquí   2. Amend my 2011 taxes Anote todos los impuestos no retenidos del Seguro Social y de la jubilación ferroviaria de nivel 1 sobre propinas o seguro de vida colectivo que aparezca en el total de la línea 60 del Formulario 1040, identificado como “UT”   3. Amend my 2011 taxes Sume las líneas 1 y 2. Amend my 2011 taxes Si el total es $7,049. Amend my 2011 taxes 40 o menos, no siga. Amend my 2011 taxes No puede reclamar el crédito   4. Amend my 2011 taxes Límite sobre los impuestos del Seguro Social y de la jubilación ferroviaria de nivel 1 7,049. Amend my 2011 taxes 40 5. Amend my 2011 taxes Crédito. Amend my 2011 taxes De la línea 3, reste la línea 4. Amend my 2011 taxes Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $ Cómo reclamar el crédito. Amend my 2011 taxes   Anote el crédito en la línea 69 del Formulario 1040 o inclúyalo en el total de la línea 41 del Formulario 1040A. Amend my 2011 taxes Más información. Amend my 2011 taxes   Para información adicional sobre el crédito, vea la Publicación 505, en inglés. Amend my 2011 taxes Prev  Up  Next   Home   More Online Publications