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

1. Get Answers

Your online questions are customized to your unique tax situation.

2. Maximize your Refund

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

3. E-File for FREE

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

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

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

File Amended Return

Irs Form 1040x Tax ReturnHow To File Back TaxAmend Tax Return OnlineTax Software 1040nrFree H&r BlockFree State Tax Forms IncomeWhere Do I Send My 2012 Tax Return2009 1040ezWhere Can I File 2012 Taxes Online FreeForm 1040ez 2011How Do You File An Amended Federal Tax ReturnFile State Taxes Online FreeH&r Block Amended Return 2012Turbotax Premier Federal & State Returns Plus Federal E File 2013Tax Debt HelpWhere To File 1040x 2010Tax Tips For 2012Irs Gov Free File Federal State TaxesFiling 2011 TaxesDownload A 1040ez Federal Tax FormFile 2011 Tax Return Online For FreeTaxact 2008 Free EfileTurbo Tax 1040ezIrs Forms 1040ez InstructionsTax AmendmentsFree State Tax E FileHow To File Only State Taxes For FreeHow To Amend A Tax Return 2010Where To Get 1040ez Form2014 Ez Tax FormsIrs Gov Form 1040x1040ez For 20102009 FreetaxusaHow To File Late Taxes 2012Filing An Amended Tax Return For 2011Irs 2012 Tax Forms 1040File Back Tax ReturnsIrs Tax Tables 2010Efile Tax Return Online Free Federal And StateEz 1040 Form

File Amended Return

File amended return Publication 600 - Main Contents Table of Contents Actual Expenses Optional Sales Tax Tables Instructions for the State and Local General Sales Tax Deduction WorksheetWhat if you lived in more than one state? What if you lived in more than one locality? What if your local general sales tax rate changed during 2006? What if you lived in more than one locality in the same state during 2006? Actual Expenses Generally, you can deduct the actual state and local general sales taxes (including compensating use taxes) you paid in 2006 if the tax rate was the same as the general sales tax rate. File amended return However, sales taxes on food, clothing, medical supplies, and motor vehicles are deductible as a general sales tax even if the tax rate was less than the general sales tax rate. File amended return If you paid sales tax on a motor vehicle at a rate higher than the general sales tax rate, you can deduct only the amount of tax that you would have paid at the general sales tax rate on that vehicle. File amended return Motor vehicles include cars, motorcycles, motor homes, recreational vehicles, sport utility vehicles, trucks, vans, and off-road vehicles. File amended return Also include any state and local general sales taxes paid for a leased motor vehicle. File amended return Do not include sales taxes paid on items used in your trade or business. File amended return To deduct your actual expenses, enter the amount on Schedule A, line 5, and enter “ST” on the dotted line to the left of the line 5 entry space. File amended return You must keep your actual receipts showing general sales taxes paid to use this method. File amended return Refund of general sales taxes. File amended return   If you received a refund of state or local general sales taxes in 2006 for amounts paid in 2006, reduce your actual 2006 state and local general sales taxes by this amount. File amended return If you received a refund of state or local general sales taxes in 2006 for prior year purchases, do not reduce your 2006 state and local general sales taxes by this amount. File amended return But if you deducted your actual state and local general sales taxes in the earlier year and the deduction reduced your tax, you may have to include the refund in income on Form 1040, line 21. File amended return See Recoveries in Pub. File amended return 525 for details. File amended return Optional Sales Tax Tables Instead of using your actual expenses, you can use the tables on pages 5 through 7 to figure your state and local general sales tax deduction. File amended return You may also be able to add the state and local general sales taxes paid on certain specified items. File amended return To figure your state and local general sales tax deduction using the tables, complete the worksheet below. File amended return If your filing status is married filing separately, both you and your spouse elect to deduct sales taxes, and your spouse elects to use the optional sales tax tables, you also must use the tables to figure your state and local general sales tax deduction. File amended return State and Local General Sales Tax Deduction Worksheet (See the instructions that begin on page 3. File amended return ) Before you begin: See the instructions for line 1 on page 3 if: You lived in more than one state during 2006, or You had any nontaxable income in 2006. File amended return   1. File amended return Enter your state general sales taxes from the applicable table on page 5 or 6 (see page 3 of the instructions) 1. File amended return $     Next. File amended return If, for all of 2006, you lived only in Connecticut, the District of Columbia, Hawaii, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, Mississippi, New Jersey, Rhode Island, Virginia, or West Virginia, skip lines 2 through 5, enter -0- on line 6, and go to line 7. File amended return Otherwise, go to line 2       2. File amended return Did you live in Alaska, Arizona, Arkansas (Texarkana only), California (Los Angeles County only), Colorado, Georgia, Illinois, Louisiana, New York State, or North Carolina in 2006?         No. File amended return Enter -0-                   Yes. File amended return Enter your local general sales taxes from the applicable table on page 7 (see page 3 of the instructions)     2. File amended return $       3. File amended return Did your locality impose a local general sales tax in 2006? Residents of California, Nevada, and Texarkana, Arkansas, see page 3 of the instructions             No. File amended return Skip lines 3 through 5, enter -0- on line 6, and go to line 7             Yes. File amended return Enter your local general sales tax rate, but omit the percentage sign. File amended return For example, if your local general sales tax rate was 2. File amended return 5%, enter 2. File amended return 5. File amended return If your local general sales tax rate changed or you lived in more than one locality in the same state during 2006, see page 3 of the instructions. File amended return (If you do not know your local general sales tax rate, contact your local government. File amended return ) 3. File amended return . File amended return       4. File amended return Did you enter -0- on line 2 above?             No. File amended return Skip lines 4 and 5 and go to line 6             Yes. File amended return Enter your state general sales tax rate (shown in the table heading for your state), but omit the percentage sign. File amended return For example, if your state general sales tax rate is 6%, enter 6. File amended return 0 4. File amended return . File amended return       5. File amended return Divide line 3 by line 4. File amended return Enter the result as a decimal (rounded to at least three places) 5. File amended return . File amended return       6. File amended return Did you enter -0- on line 2 above?             No. File amended return Multiply line 2 by line 3   6. File amended return $     Yes. File amended return Multiply line 1 by line 5. File amended return If you lived in more than one locality in the same state during 2006, see page 4 of the instructions           7. File amended return Enter your state and local general sales taxes paid on specified items, if any (see page 4 of the instructions) 7. File amended return $   8. File amended return Deduction for general sales taxes. File amended return Add lines 1, 6, and 7. File amended return Enter the result here and the total from all your state and local general sales tax deduction worksheets, if you completed more than one, on Schedule A, line 5. File amended return Be sure to enter “ST” on the dotted line to the left of the entry space 8. File amended return $     Instructions for the State and Local General Sales Tax Deduction Worksheet Line 1. File amended return    If you lived in the same state for all of 2006, enter the applicable amount, based on your 2006 income and exemptions, from the optional state sales tax table for your state on page 5 or 6. File amended return Read down the “At least-But less than” columns for your state and find the line that includes your 2006 income. File amended return If married filing separately, do not include your spouse's income. File amended return Your 2006 income is the amount shown on your Form 1040, line 38, plus any nontaxable items, such as the following. File amended return Tax-exempt interest. File amended return Veterans' benefits. File amended return Nontaxable combat pay. File amended return Workers' compensation. File amended return Nontaxable part of social security and railroad retirement benefits. File amended return Nontaxable part of IRA, pension, or annuity distributions. File amended return Do not include rollovers. File amended return Public assistance payments. File amended return The exemptions column refers to the number of exemptions claimed on Form 1040, line 6d. File amended return Do not include any additional exemptions you listed on Form 8914 for individuals displaced by Hurricane Katrina. File amended return What if you lived in more than one state?    If you lived in more than one state during 2006, look up the table amount for each state using the above rules. File amended return If there is no table for your state, the table amount is considered to be zero. File amended return Multiply the table amount for each state you lived in by a fraction. File amended return The numerator of the fraction is the number of days you lived in the state during 2006 and the denominator is the total number of days in the year (365). File amended return Enter the total of the prorated table amounts for each state on line 1. File amended return However, if you also lived in a locality during 2006 that imposed a local general sales tax, do not enter the total on line 1. File amended return Instead, complete a separate worksheet for each state you lived in and enter the prorated amount for that state on line 1. File amended return Example. File amended return You lived in State A from January 1 through August 31, 2006 (243 days), and in State B from September 1 through December 31, 2006 (122 days). File amended return The table amount for State A is $500. File amended return The table amount for State B is $400. File amended return You would figure your state general sales tax as follows. File amended return State A: $500 x 243/365 = $333   State B: $400 x 122/365 = 134   Total = $467   If none of the localities in which you lived during 2006 imposed a local general sales tax, enter $467 on line 1 of your worksheet. File amended return Otherwise, complete a separate worksheet for State A and State B. File amended return Enter $333 on line 1 of the State A worksheet and $134 on line 1 of the State B worksheet. File amended return Line 2. File amended return   If you checked the “No” box, enter -0- on line 2, and go to line 3. File amended return If you checked the “Yes” box and lived in the same locality for all of 2006, enter the applicable amount, based on your 2006 income and exemptions, from the optional local sales tax table for your locality on page 7. File amended return Read down the “At least-But less than” columns for your locality and find the line that includes your 2006 income. File amended return See the line 1 instructions on this page to figure your 2006 income. File amended return The exemptions column refers to the number of exemptions claimed on Form 1040, line 6d. File amended return Do not include any additional exemptions you listed on Form 8914 for individuals displaced by Hurricane Katrina. File amended return What if you lived in more than one locality?   If you lived in more than one locality during 2006, look up the table amount for each locality using the above rules. File amended return If there is no table for your locality, the table amount is considered to be zero. File amended return Multiply the table amount for each locality you lived in by a fraction. File amended return The numerator of the fraction is the number of days you lived in the locality during 2006 and the denominator is the total number of days in the year (365). File amended return If you lived in more than one locality in the same state and the local general sales tax rate was the same for each locality, enter the total of the prorated table amounts for each locality in that state on line 2. File amended return Otherwise, complete a separate worksheet for lines 2 through 6 for each locality and enter each prorated table amount on line 2 of the applicable worksheet. File amended return Example. File amended return You lived in Locality 1 from January 1 through August 31, 2006 (243 days), and in Locality 2 from September 1 through December 31, 2006 (122 days). File amended return The table amount for Locality 1 is $100. File amended return The table amount for Locality 2 is $150. File amended return You would figure the amount to enter on line 2 as follows. File amended return Note that this amount may not equal your local sales tax deduction, which is figured on line 6 of the worksheet. File amended return Locality 1: $100 x 243/365 = $67   Locality 2: $150 x 122/365 = 50   Total = $117   Line 3. File amended return   If you lived in California, check the “No” box if your combined state and local general sales tax rate is 7. File amended return 25%. File amended return Otherwise, check the “Yes” box and include on line 3 only the part of the combined rate that is more than 7. File amended return 25%. File amended return   If you lived in Nevada, check the “No” box if your combined state and local general sales tax rate is 6. File amended return 5%. File amended return Otherwise, check the “Yes” box and include on line 3 only the part of the combined rate that is more than 6. File amended return 5%. File amended return   If you lived in Texarkana, Arkansas, check the “Yes” box and enter “4. File amended return 0” on line 3. File amended return Your local general sales tax rate of 4. File amended return 0% includes the additional 1. File amended return 0% Arkansas state sales tax rate for Texarkana and the 1. File amended return 5% sales tax rate for Miller County. File amended return What if your local general sales tax rate changed during 2006?    If you checked the “Yes” box and your local general sales tax rate changed during 2006, figure the rate to enter on line 3 as follows. File amended return Multiply each tax rate for the period it was in effect by a fraction. File amended return The numerator of the fraction is the number of days the rate was in effect during 2006 and the denominator is the total number of days in the year (365). File amended return Enter the total of the prorated tax rates on line 3. File amended return Example. File amended return Locality 1 imposed a 1% local general sales tax from January 1 through September 30, 2006 (273 days). File amended return The rate increased to 1. File amended return 75% for the period from October 1 through December 31, 2006 (92 days). File amended return You would enter “1. File amended return 189” on line 3, figured as follows. File amended return January 1 - September 30: 1. File amended return 00 x 273/365 = 0. File amended return 748   October 1 - December 31: 1. File amended return 75 x 92/365 = 0. File amended return 441   Total = 1. File amended return 189   What if you lived in more than one locality in the same state during 2006?    Complete a separate worksheet for lines 2 through 6 for each locality in your state if you lived in more than one locality in the same state during 2006 and either of the following applies. File amended return Each locality did not have the same local general sales tax rate. File amended return You lived in Texarkana, AR, or Los Angeles County, CA. File amended return   To figure the amount to enter on line 3 of the worksheet for each locality in which you lived (except a locality for which you used the table on page 7 to figure your local general sales tax deduction), multiply the local general sales tax rate by a fraction. File amended return The numerator of the fraction is the number of days you lived in the locality during 2006 and the denominator is the total number of days in the year (365). File amended return Example. File amended return You lived in Locality 1 from January 1 through August 31, 2006 (243 days), and in Locality 2 from September 1 through December 31, 2006 (122 days). File amended return The local general sales tax rate for Locality 1 is 1%. File amended return The rate for Locality 2 is 1. File amended return 75%. File amended return You would enter “0. File amended return 666” on line 3 for the Locality 1 worksheet and “0. File amended return 585” for the Locality 2 worksheet, figured as follows. File amended return Locality 1: 1. File amended return 00 x 243/365 = 0. File amended return 666   Locality 2: 1. File amended return 75 x 122/365 = 0. File amended return 585   Line 6. File amended return   If you lived in more than one locality in the same state during 2006, you should have completed line 1 only on the first worksheet for that state and separate worksheets for lines 2 through 6 for any other locality within that state in which you lived during 2006. File amended return If you checked the “Yes” box on line 6 of any of those worksheets, multiply line 5 of that worksheet by the amount that you entered on line 1 for that state on the first worksheet. File amended return Line 7. File amended return    Enter on line 7 any state and local general sales taxes paid on the following specified items. File amended return If you are completing more than one worksheet, include the total for line 7 on only one of the worksheets. File amended return A motor vehicle (including a car, motorcycle, motor home, recreational vehicle, sport utility vehicle, truck, van, and off-road vehicle). File amended return Also include any state and local general sales taxes paid for a leased motor vehicle. File amended return If the state sales tax rate on these items is higher than the general sales tax rate, only include the amount of tax you would have paid at the general sales tax rate. File amended return An aircraft or boat, if the tax rate was the same as the general sales tax rate. File amended return A home (including a mobile home or prefabricated home) or substantial addition to or major renovation of a home, but only if the tax rate was the same as the general sales tax rate and any of the following applies. File amended return Your state or locality imposes a general sales tax directly on the sale of a home or on the cost of a substantial addition or major renovation. File amended return You purchased the materials to build a home or substantial addition or to perform a major renovation and paid the sales tax directly. File amended return Under your state law, your contractor is considered your agent in the construction of the home or substantial addition or the performance of a major renovation. File amended return The contract must state that the contractor is authorized to act in your name and must follow your directions on construction decisions. File amended return In this case, you will be considered to have purchased any items subject to a sales tax and to have paid the sales tax directly. File amended return   Do not include sales taxes paid on items used in your trade or business. File amended return If you received a refund of state or local general sales taxes in 2006, see Refund of general sales taxes on page 1. File amended return Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Understanding Your CP182 Notice

We sent you this notice because your tax return is missing Form 3468.


What you need to do

  • Read the notice carefully to determine the required form needed to complete your return.
  • Download the required form or call 1-800-829-3676.
  • Fill out the Contact Information section of the notice, detach, and send it to us with your completed form so we receive it by the date indicated on the notice.

You may want to

  • Review the filing requirements and instructions for the missing form to determine whether your organization needs to file.
  • Review your records to ensure all applicable forms were attached when filed.

Answers to Common Questions

Q. What happens if I don't respond by the due date?

A. If you don't respond by the due date of the notice, your tax and/or credits may be adjusted which may result in a balance due.

Q. Who do I call for assistance?

A. For assistance with your business return, call 1-800-829-0115 or, for assistance with Form 1120-POL, Form 990-C, or Form 990-T, call 1-877-829-5500.


Tips for next year

Refer to the instructions for your tax return for required documentation. Attach all required forms and schedules to your tax return when filing.

Consider filing your taxes electronically. Filing online can help you avoid mistakes and find credits and deductions that you may qualify for. In many cases you can file for free. Learn more about e-file.

 

Page Last Reviewed or Updated: 12-Feb-2014

How to get help

  • Call the 1-800 number listed on the top right corner of your notice.
  • Authorize someone (e.g., accountant) to contact the IRS on your behalf using Form 2848.
  • See if you qualify for help from a Low Income Taxpayer Clinic.
     

The File Amended Return

File amended return Publication 560 - Introductory Material Table of Contents Future Developments What's New Reminders IntroductionSEP plans. File amended return SIMPLE plans. File amended return Qualified plans. File amended return Ordering forms and publications. File amended return Tax questions. File amended return Future Developments For the latest information about developments related to Publication 560, such as legislation enacted after we release it, go to www. File amended return irs. File amended return gov/pub560. File amended return What's New Compensation limit increased for 2013 and 2014. File amended return  For 2013 the maximum compensation used for figuring contributions and benefits increases to $255,000. File amended return This limit increases to $260,000 for 2014. File amended return Elective deferral limit for 2013 and 2014. File amended return  The limit on elective deferrals, other than catch-up contributions, increases to $17,500 for 2013 and remains at $17,500 for 2014. File amended return These limits apply for participants in SARSEPs, 401(k) plans (excluding SIMPLE plans), section 403(b) plans and section 457(b) plans. File amended return Defined contribution limit increased for 2013 and 2014. File amended return  The limit on contributions, other than catch-up contributions, for a participant in a defined contribution plan increases to $51,000 for 2013. File amended return This limit increases to $52,000 for 2014. File amended return SIMPLE plan salary reduction contribution limit for 2013 and 2014. File amended return  The limit on salary reduction contributions, other than catch-up contributions, increases to $12,000 for 2013 and remains at $12,000 for 2014. File amended return Catch-up contribution limit remains unchanged for 2013 and 2014. File amended return  A plan can permit participants who are age 50 or over at the end of the calendar year to make catch-up contributions in addition to elective deferrals and SIMPLE plan salary reduction contributions. File amended return The catch-up contribution limitation for defined contribution plans other than SIMPLE plans remains unchanged at $5,500 for 2013 and 2014. File amended return The catch-up contribution limitation for SIMPLE plans remains unchanged at $2,500 for 2013 and 2014. File amended return The catch-up contributions a participant can make for a year cannot exceed the lesser of the following amounts. File amended return The catch-up contribution limit. File amended return The excess of the participant's compensation over the elective deferrals that are not catch-up contributions. File amended return See “Catch-up contributions” under Contribution Limits and Limit on Elective Deferrals in chapters 3 and 4, respectively, for more information. File amended return All section references are to the Internal Revenue Code, unless otherwise stated. File amended return Reminders In-plan Roth rollovers. File amended return  Section 402A(c)(4) provides for a distribution from an individual's account in a 401(k) plan, other than from a designated Roth account, that is rolled over to the individual's designated Roth account in the same plan. File amended return An in-plan Roth rollover is not treated as a distribution for most purposes. File amended return Section 402A(c)(4) was added by the Small Business Jobs Act of 2010 and applies to distributions made after September 27, 2010. File amended return For additional guidance on in-plan Roth rollovers, see Notice 2010-84, 2010-51 I. File amended return R. File amended return B. File amended return 872, available at  www. File amended return irs. File amended return gov/irb/2010-51_IRB/ar11. File amended return html. File amended return In-plan Roth rollovers expanded. File amended return  Beginning in 2013, a plan with designated Roth accounts can permit a participant to roll over amounts into a designated Roth account from his or her other accounts in the same plan, regardless of whether the participant is eligible for a distribution from the other accounts. File amended return Section 402A(c)(4) was amended by the American Taxpayer Relief Act of 2012. File amended return For more information, see Notice 2013-74, 2013-52 I. File amended return R. File amended return B. File amended return 819, available at www. File amended return irs. File amended return gov/irb/2013-52_IRB/ar11. File amended return html. File amended return Credit for startup costs. File amended return  You may be able to claim a tax credit for part of the ordinary and necessary costs of starting a SEP, SIMPLE, or qualified plan. File amended return The credit equals 50% of the cost to set up and administer the plan and educate employees about the plan, up to a maximum of $500 per year for each of the first 3 years of the plan. File amended return You can choose to start claiming the credit in the tax year before the tax year in which the plan becomes effective. File amended return You must have had 100 or fewer employees who received at least $5,000 in compensation from you for the preceding year. File amended return At least one participant must be a non-highly compensated employee. File amended return The employees generally cannot be substantially the same employees for whom contributions were made or benefits accrued under a plan of any of the following employers in the 3-tax-year period immediately before the first year to which the credit applies. File amended return You. File amended return A member of a controlled group that includes you. File amended return A predecessor of (1) or (2). File amended return The credit is part of the general business credit, which can be carried back or forward to other tax years if it cannot be used in the current year. File amended return However, the part of the general business credit attributable to the small employer pension plan startup cost credit cannot be carried back to a tax year beginning before January 1, 2002. File amended return You cannot deduct the part of the startup costs equal to the credit claimed for a tax year, but you can choose not to claim the allowable credit for a tax year. File amended return To take the credit, use Form 8881, Credit for Small Employer Pension Plan Startup Costs. File amended return Retirement savings contributions credit. File amended return  Retirement plan participants (including self-employed individuals) who make contributions to their plan may qualify for the retirement savings contribution credit. File amended return The maximum contribution eligible for the credit is $2,000. File amended return To take the credit, use Form 8880, Credit for Qualified Retirement Savings Contributions. File amended return For more information on who is eligible for the credit, retirement plan contributions eligible for the credit and how to figure the credit, see Form 8880 and its instructions or go to the IRS website and search Retirement Topics-Retirement Savings Contributions Credit (Saver's Credit). File amended return Photographs of missing children. File amended return  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. File amended return Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. File amended return You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. File amended return Introduction This publication discusses retirement plans you can set up and maintain for yourself and your employees. File amended return In this publication, “you” refers to the employer. File amended return See chapter 1 for the definition of the term employer and the definitions of other terms used in this publication. File amended return This publication covers the following types of retirement plans. File amended return SEP (simplified employee pension) plans. File amended return SIMPLE (savings incentive match plan for employees) plans. File amended return Qualified plans (also called H. File amended return R. File amended return 10 plans or Keogh plans when covering self-employed individuals), including 401(k) plans. File amended return SEP, SIMPLE, and qualified plans offer you and your employees a tax-favored way to save for retirement. File amended return You can deduct contributions you make to the plan for your employees. File amended return If you are a sole proprietor, you can deduct contributions you make to the plan for yourself. File amended return You can also deduct trustees' fees if contributions to the plan do not cover them. File amended return Earnings on the contributions are generally tax free until you or your employees receive distributions from the plan. File amended return Under a 401(k) plan, employees can have you contribute limited amounts of their before-tax (after-tax, in the case of a qualified Roth contribution program) pay to the plan. File amended return These amounts (and the earnings on them) are generally tax free until your employees receive distributions from the plan or, in the case of a qualified distribution from a designated Roth account, completely tax free. File amended return What this publication covers. File amended return   This publication contains the information you need to understand the following topics. File amended return What type of plan to set up. File amended return How to set up a plan. File amended return How much you can contribute to a plan. File amended return How much of your contribution is deductible. File amended return How to treat certain distributions. File amended return How to report information about the plan to the IRS and your employees. File amended return Basic features of SEP, SIMPLE, and qualified plans. File amended return The key rules for SEP, SIMPLE, and qualified plans are outlined in Table 1. File amended return SEP plans. File amended return   SEPs provide a simplified method for you to make contributions to a retirement plan for yourself and your employees. File amended return Instead of setting up a profit-sharing or money purchase plan with a trust, you can adopt a SEP agreement and make contributions directly to a traditional individual retirement account or a traditional individual retirement annuity (SEP-IRA) set up for yourself and each eligible employee. File amended return SIMPLE plans. File amended return   Generally, if you had 100 or fewer employees who received at least $5,000 in compensation last year, you can set up a SIMPLE plan. File amended return Under a SIMPLE plan, employees can choose to make salary reduction contributions rather than receiving these amounts as part of their regular pay. File amended return In addition, you will contribute matching or nonelective contributions. File amended return The two types of SIMPLE plans are the SIMPLE IRA plan and the SIMPLE 401(k) plan. File amended return Qualified plans. File amended return   The qualified plan rules are more complex than the SEP plan and SIMPLE plan rules. File amended return However, there are advantages to qualified plans, such as increased flexibility in designing plans and increased contribution and deduction limits in some cases. File amended return Table 1. File amended return Key Retirement Plan Rules for 2013 Type  of  Plan Last Date for Contribution Maximum Contribution Maximum Deduction When To Set Up Plan SEP Due date of employer's return (including extensions). File amended return Smaller of $51,000 or 25%1 of participant's compensation. File amended return 2 25%1 of all participants' compensation. File amended return 2 Any time up to the due date of employer's return (including extensions). File amended return SIMPLE IRA and SIMPLE 401(k) Salary reduction contributions: 30 days after the end of the month for which the contributions are to be made. File amended return 4  Matching or nonelective contributions: Due date of employer's return (including extensions). File amended return Employee contribution: Salary reduction contribution up to $12,000, $14,500 if age 50 or over. File amended return   Employer contribution:  Either dollar-for-dollar matching contributions, up to 3% of employee's compensation,3 or fixed nonelective contributions of 2% of compensation. File amended return 2 Same as maximum contribution. File amended return Any time between 1/1 and 10/1 of the calendar year. File amended return   For a new employer coming into existence after 10/1, as soon as administratively feasible. File amended return Qualified Plan: Defined Contribution Plan  Elective deferral: Due date of employer's return (including extensions). File amended return 4   Employer contribution: Money Purchase or Profit-Sharing: Due date of employer's return (including extensions). File amended return  Employee contribution: Elective deferral up to $17,500, $23,000 if age 50 or over. File amended return   Employer contribution: Money Purchase: Smaller of $51,000 or 100%1 of participant's compensation. File amended return 2  Profit-Sharing: Smaller of $51,000 or 100%1 of participant's compensation. File amended return 2  25%1 of all participants' compensation2, plus amount of elective deferrals made. File amended return   By the end of the tax year. File amended return Qualified Plan: Defined Benefit Plan Contributions generally must be paid in quarterly installments, due 15 days after the end of each quarter. File amended return See Minimum Funding Requirement in chapter 4. File amended return Amount needed to provide an annual benefit no larger than the smaller of $205,000 or 100% of the participant's average compensation for his or her highest 3 consecutive calendar years. File amended return Based on actuarial assumptions and computations. File amended return By the end of the tax year. File amended return 1Net earnings from self-employment must take the contribution into account. File amended return See Deduction Limit for Self-Employed Individuals in chapters 2 and 4 . File amended return  2Compensation is generally limited to $255,000 in 2013. File amended return  3Under a SIMPLE 401(k) plan, compensation is generally limited to $255,000 in 2013. File amended return  4Certain plans subject to Department of Labor rules may have an earlier due date for salary reduction contributions and elective deferrals. File amended return What this publication does not cover. File amended return   Although the purpose of this publication is to provide general information about retirement plans you can set up for your employees, it does not contain all the rules and exceptions that apply to these plans. File amended return You may also need professional help and guidance. File amended return   Also, this publication does not cover all the rules that may be of interest to employees. File amended return For example, it does not cover the following topics. File amended return The comprehensive IRA rules an employee needs to know. File amended return These rules are covered in Publication 590, Individual Retirement Arrangements (IRAs). File amended return The comprehensive rules that apply to distributions from retirement plans. File amended return These rules are covered in Publication 575, Pension and Annuity Income. File amended return The comprehensive rules that apply to section 403(b) plans. File amended return These rules are covered in Publication 571, Tax-Sheltered Annuity Plans (403(b) Plans). File amended return Comments and suggestions. File amended return   We welcome your comments about this publication and your suggestions for future editions. File amended return   You can write to us at the following address: Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. File amended return NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. File amended return Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. File amended return   You can send your comments from www. File amended return irs. File amended return gov/formspubs. File amended return Click on “More Information” and then on “Give us feedback. File amended return ”   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. File amended return Ordering forms and publications. File amended return   Visit www. File amended return irs. File amended return gov/formspubs to download forms  and publications, call 1-800-TAX-FORM  (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. File amended return Internal Revenue Service 1201 N. File amended return Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. File amended return   If you have a tax question, check the information available on IRS. File amended return gov or call 1-800-829-1040. File amended return We cannot answer tax questions sent to either of the above addresses. File amended return Note. File amended return Forms filed electronically with the Department of Labor are not available on the IRS website. File amended return Instead, see www. File amended return efast. File amended return dol. File amended return gov. File amended return Prev  Up  Next   Home   More Online Publications