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

Filing 1040nr Online

Form 1040x Amended Us Individual Income Tax Return1040ez Free FilingState Tax ReturnsHow To Fill Out A 1040x Step By StepEasy Tax FormsFree Tax Filing For Unemployed1040ez Form 2014Irs Tax Form 2012 1040aIrs 1040ez Form 2012Where Can I Get A State Tax Form2010 Tax Software Free DownloadH&r Free Federal Tax FilingWww Irs Gov Free FileFile Ez 1040 FreeIrsgov ComHelp With 1040xHr Block Free State File1040ez FilingDo Unemployed People File TaxesUnemployed Tax CreditAmending Your TaxesFree Federal And Free State Tax Filing1040ez Income Tax FormHow To Amend Tax Return TurbotaxCan Unemployed People File TaxesEfile 2007 Tax Returns For FreeTax Form AmendmentI Need To File My 2012 Tax ReturnCompare State Income TaxesTax Form 1040aForm 1040x Turbotax10ezHrblock Home2010 Ez 1040 FormE File 2012 Federal TaxesFederal Income Tax Amendment FormE File 2009 TaxesFree Tax SoftwareFiling Previous Year Taxes1040 Ez Online Filing

Filing 1040nr Online

Filing 1040nr online Publication 946 - Additional Material Table of Contents Appendix B — Table of Class Lives and Recovery PeriodsHow To Use the Tables This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Appendix A Please click here for the text description of the image. Filing 1040nr online Table A-1 and A-2 Please click here for the text description of the image. Filing 1040nr online Table A-3 and A-4 Please click here for the text description of the image. Filing 1040nr online Table A-5 and A-6 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-7 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-8 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-8 (continued) This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-9 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-9 (continued) This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-10 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A–10 (continued) This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-11 Please click here for the text description of the image. Filing 1040nr online Table A-11 (continued) This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-12 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-12 (continued) This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-13, A-14 and A-14 (continued. Filing 1040nr online 1) Please click here for the text description of the image. Filing 1040nr online Table A-14 (continued. Filing 1040nr online 2) Please click here for the text description of the image. Filing 1040nr online Table A-15 Please click here for the text description of the image. Filing 1040nr online Table A-15 (continued) Please click here for the text description of the image. Filing 1040nr online Table A-16 Please click here for the text description of the image. Filing 1040nr online Table A-16 (continued) This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-17 Please click here for the text description of the image. Filing 1040nr online Table A-17 (continued) Please click here for the text description of the image. Filing 1040nr online Table A-18 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-18 (continued) This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table A-19 and Table A-20 Please click here for the text description of the image. Filing 1040nr online Quality Indian Reservation Property Tables Please click here for the text description of the image. Filing 1040nr online Qualified Indian Reservation Property Tables 2 Appendix B — Table of Class Lives and Recovery Periods The Table of Class Lives and Recovery Periods has two sections. Filing 1040nr online The first section, Specific Depreciable Assets Used In All Business Activities, Except As Noted, generally lists assets used in all business activities. Filing 1040nr online It is shown as Table B-1. Filing 1040nr online The second section, Depreciable Assets Used In The Following Activities, describes assets used only in certain activities. Filing 1040nr online It is shown as Table B-2. Filing 1040nr online How To Use the Tables You will need to look at both Table B-1 and B-2 to find the correct recovery period. Filing 1040nr online Generally, if the property is listed in Table B-1 you use the recovery period shown in that table. Filing 1040nr online However, if the property is specifically listed in Table B-2 under the type of activity in which it is used, you use the recovery period listed under the activity in that table. Filing 1040nr online Use the tables in the order shown below to determine the recovery period of your depreciable property. Filing 1040nr online Table B-1. Filing 1040nr online   Check Table B-1 for a description of the property. Filing 1040nr online If it is described in Table B-1, also check Table B-2 to find the activity in which the property is being used. Filing 1040nr online If the activity is described in Table B-2, read the text (if any) under the title to determine if the property is specifically included in that asset class. Filing 1040nr online If it is, use the recovery period shown in the appropriate column of Table B-2 following the description of the activity. Filing 1040nr online If the activity is not described in Table B-2 or if the activity is described but the property either is not specifically included in or is specifically excluded from that asset class, then use the recovery period shown in the appropriate column following the description of the property in Table B-1. Filing 1040nr online Tax-exempt use property subject to a lease. Filing 1040nr online   The recovery period for ADS cannot be less than 125 percent of the lease term for any property leased under a leasing arrangement to a tax-exempt organization, governmental unit, or foreign person or entity (other than a partnership). Filing 1040nr online Table B-2. Filing 1040nr online   If the property is not listed in Table B-1, check Table B-2 to find the activity in which the property is being used and use the recovery period shown in the appropriate column following the description. Filing 1040nr online Property not in either table. Filing 1040nr online   If the activity or the property is not included in either table, check the end of Table B-2 to find Certain Property for Which Recovery Periods Assigned. Filing 1040nr online This property generally has a recovery period of 7 years for GDS or 12 years for ADS. Filing 1040nr online See Which Property Class Applies Under GDS and Which Recovery Period Applies in chapter 4 for the class lives or the recovery periods for GDS and ADS for the following. Filing 1040nr online Residential rental property and nonresidential real property (also see Appendix A, Chart 2). Filing 1040nr online Qualified rent-to-own property. Filing 1040nr online A motorsport entertainment complex placed in service before January 1, 2014. Filing 1040nr online Any retail motor fuels outlet. Filing 1040nr online Any qualified leasehold improvement property placed in service before January 1, 2014. Filing 1040nr online Any qualified restaurant property placed in service before January 1, 2014. Filing 1040nr online Initial clearing and grading land improvements for gas utility property and electric utility transmission and distribution plants. Filing 1040nr online Any water utility property. Filing 1040nr online Certain electric transmission property used in the transmission at 69 or more kilovolts of electricity for sale and placed in service after April 11, 2005. Filing 1040nr online Natural gas gathering and distribution lines placed in service after April 11, 2005. Filing 1040nr online Example 1. Filing 1040nr online Richard Green is a paper manufacturer. Filing 1040nr online During the year, he made substantial improvements to the land on which his paper plant is located. Filing 1040nr online He checks Table B-1 and finds land improvements under asset class 00. Filing 1040nr online 3. Filing 1040nr online He then checks Table B-2 and finds his activity, paper manufacturing, under asset class 26. Filing 1040nr online 1, Manufacture of Pulp and Paper. Filing 1040nr online He uses the recovery period under this asset class because it specifically includes land improvements. Filing 1040nr online The land improvements have a 13-year class life and a 7-year recovery period for GDS. Filing 1040nr online If he elects to use ADS, the recovery period is 13 years. Filing 1040nr online If Richard only looked at Table B-1, he would select asset class 00. Filing 1040nr online 3, Land Improvements, and incorrectly use a recovery period of 15 years for GDS or 20 years for ADS. Filing 1040nr online Example 2. Filing 1040nr online Sam Plower produces rubber products. Filing 1040nr online During the year, he made substantial improvements to the land on which his rubber plant is located. Filing 1040nr online He checks Table B-1 and finds land improvements under asset class 00. Filing 1040nr online 3. Filing 1040nr online He then checks Table B-2 and finds his activity, producing rubber products, under asset class 30. Filing 1040nr online 1, Manufacture of Rubber Products. Filing 1040nr online Reading the headings and descriptions under asset class 30. Filing 1040nr online 1, Sam finds that it does not include land improvements. Filing 1040nr online Therefore, Sam uses the recovery period under asset class 00. Filing 1040nr online 3. Filing 1040nr online The land improvements have a 20-year class life and a 15-year recovery period for GDS. Filing 1040nr online If he elects to use ADS, the recovery period is 20 years. Filing 1040nr online Example 3. Filing 1040nr online Pam Martin owns a retail clothing store. Filing 1040nr online During the year, she purchased a desk and a cash register for use in her business. Filing 1040nr online She checks Table B-1 and finds office furniture under asset class 00. Filing 1040nr online 11. Filing 1040nr online Cash registers are not listed in any of the asset classes in Table B-1. Filing 1040nr online She then checks Table B-2 and finds her activity, retail store, under asset class 57. Filing 1040nr online 0, Distributive Trades and Services, which includes assets used in wholesale and retail trade. Filing 1040nr online This asset class does not specifically list office furniture or a cash register. Filing 1040nr online She looks back at Table B-1 and uses asset class 00. Filing 1040nr online 11 for the desk. Filing 1040nr online The desk has a 10-year class life and a 7-year recovery period for GDS. Filing 1040nr online If she elects to use ADS, the recovery period is 10 years. Filing 1040nr online For the cash register, she uses asset class 57. Filing 1040nr online 0 because cash registers are not listed in Table B-1 but it is an asset used in her retail business. Filing 1040nr online The cash register has a 9-year class life and a 5-year recovery period for GDS. Filing 1040nr online If she elects to use the ADS method, the recovery period is 9 years. Filing 1040nr online This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-1 Please click here for the text description of the image. Filing 1040nr online Table B-2 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-2 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-2 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-2 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-2 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-2 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-2 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-2 This image is too large to be displayed in the current screen. Filing 1040nr online Please click the link to view the image. Filing 1040nr online Table B-2 Tax Publications for Business Taxpayers Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Understanding Your CP288 Notice

We accepted your election to be treated as a Qualified Subchapter S Trust (QSST).


What you need to do

  • File Form 1041, U.S. Income Tax Return for Estates and Trusts, timely.
  • Include Schedule K-1, Beneficiary’s Share of Income, Deductions, Credits, etc., reflecting your ownership in the S corporation.
  • Keep this notice for your records.

You may want to


  • Answers to Common Questions

    How do I terminate the QSST election?
    This election can only be terminated by permission of the Commissioner of Internal Revenue. See IR Bulletin 2012-1 for instructions


    Understanding your notice

    Your notice may look different from the sample because the information contained in your notice is tailored to your situation.

    Notice CP288, Page 1

Page Last Reviewed or Updated: 09-Dec-2013

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 Filing 1040nr Online

Filing 1040nr online Publication 850 (EN/SP) - Introductory Material Table of Contents Introduction Introduction This glossary is developed by the Tax Forms and Publications Division of the Internal Revenue Service, in consultation with the Translation Commission of the North American Academy of the Spanish Language (Comisión de Traducciones de la Academia Norteamericana de la Lengua Española) and with the Graduate Program in Translation of the University of Puerto Rico (Programa Graduado en Traducción de la Universidad de Puerto Rico). Filing 1040nr online Its purpose is to establish high standards for the quality of language usage, to promote uniformity in language usage, and to minimize the risk of misinterpretation of Spanish-language materials issued by the Service. Filing 1040nr online To meet the needs of the largest segment of taxpayers whose primary language is Spanish, the Service has issued certain Spanish-language materials. Filing 1040nr online Problems arise, however, because there is some variation in tax terminology used in Spanish-speaking countries. Filing 1040nr online Also, invention and compromise are involved in selecting words and phrases to describe certain tax concepts that have no precise equivalent in the Spanish language or legal tradition. Filing 1040nr online To help resolve these problems, a group of United States, Spanish, and Spanish-American academicians, professors, lawyers, accountants, translators, and tax law specialists developed this glossary. Filing 1040nr online Their long and varied experience with the tax systems in their own, and other countries, gives assurance of reliability. Filing 1040nr online The criteria used for words in this glossary are: consistency of usage with other governmental agencies, Spanish writing style for the tax forms and publications, and words relating to Accounting, Economics, Finance, Law, Technology and its related fields. Filing 1040nr online Any issuance containing language consistent with this glossary should be reasonably satisfactory for purposes of general guidance regarding the rights and obligations of taxpayers. Filing 1040nr online It is not intended, however, that any term in this glossary should be understood to change the meaning of any provisions of law, regulations, or any other authoritative precedent. Filing 1040nr online A periodic review is made to determine whether any additions, deletions, or revisions are needed. Filing 1040nr online Some of the terms listed are identified by the abbreviation “P. Filing 1040nr online R. Filing 1040nr online ” These terms are for use in tax forms and publications intended for circulation exclusively in Puerto Rico. Filing 1040nr online Users are invited to send their comments to: Internal Revenue Service Virtual Translation Office SE:W:CAR:MP:T:LS:VTO 1111 Constitution Ave. Filing 1040nr online , N. Filing 1040nr online W. Filing 1040nr online , IR-6102 Washington, DC 20224 or electronically to: vto@irs. Filing 1040nr online gov Prev  Up  Next   Home   More Online Publications