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Free federal and state tax filing 2012 online Publication 587 - Main Content Table of Contents Qualifying for a DeductionExclusive Use Regular Use Trade or Business Use Principal Place of Business Place To Meet Patients, Clients, or Customers Separate Structure Figuring the DeductionUsing Actual Expenses Using the Simplified Method Daycare Facility Standard meal and snack rates. Free federal and state tax filing 2012 online Sale or Exchange of Your HomeGain on Sale Depreciation Basis Adjustment Reporting the Sale More Information Business Furniture and EquipmentListed Property Property Bought for Business Use Personal Property Converted to Business Use Recordkeeping Where To DeductSelf-Employed Persons Employees Partners How To Get Tax HelpLow Income Taxpayer Clinics Worksheet To Figure the Deduction for Business Use of Your HomeInstructions for the Worksheet Worksheets To Figure the Deduction for Business Use of Your Home (Simplified Method) Instructions for the Simplified Method Worksheet Instructions for the Daycare Facility Worksheet Instructions for the Area Adjustment Worksheet Qualifying for a Deduction Generally, you cannot deduct items related to your home, such as mortgage interest, real estate taxes, utilities, maintenance, rent, depreciation, or property insurance, as business expenses. Free federal and state tax filing 2012 online However, you may be able to deduct expenses related to the business use of part of your home if you meet specific requirements. Free federal and state tax filing 2012 online Even then, the deductible amount of these types of expenses may be limited. Free federal and state tax filing 2012 online Use this section and Figure A, later, to decide if you can deduct expenses for the business use of your home. Free federal and state tax filing 2012 online To qualify to deduct expenses for business use of your home, you must use part of your home: Exclusively and regularly as your principal place of business (defined later), Exclusively and regularly as a place where you meet or deal with patients, clients, or customers in the normal course of your trade or business, In the case of a separate structure which is not attached to your home, in connection with your trade or business, On a regular basis for certain storage use (see Storage of inventory or product samples , later), For rental use (see Publication 527), or As a daycare facility (see Daycare Facility , later). Free federal and state tax filing 2012 online Additional tests for employee use. Free federal and state tax filing 2012 online   If you are an employee and you use a part of your home for business, you may qualify for a deduction for its business use. Free federal and state tax filing 2012 online You must meet the tests discussed earlier plus: Your business use must be for the convenience of your employer, and You must not rent any part of your home to your employer and use the rented portion to perform services as an employee for that employer. Free federal and state tax filing 2012 online If the use of the home office is merely appropriate and helpful, you cannot deduct expenses for the business use of your home. Free federal and state tax filing 2012 online Exclusive Use To qualify under the exclusive use test, you must use a specific area of your home only for your trade or business. Free federal and state tax filing 2012 online The area used for business can be a room or other separately identifiable space. Free federal and state tax filing 2012 online The space does not need to be marked off by a permanent partition. Free federal and state tax filing 2012 online You do not meet the requirements of the exclusive use test if you use the area in question both for business and for personal purposes. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online You are an attorney and use a den in your home to write legal briefs and prepare clients' tax returns. Free federal and state tax filing 2012 online Your family also uses the den for recreation. Free federal and state tax filing 2012 online The den is not used exclusively in your trade or business, so you cannot claim a deduction for the business use of the den. Free federal and state tax filing 2012 online Exceptions to Exclusive Use You do not have to meet the exclusive use test if either of the following applies. Free federal and state tax filing 2012 online You use part of your home for the storage of inventory or product samples (discussed next). Free federal and state tax filing 2012 online You use part of your home as a daycare facility, discussed later under Daycare Facility . Free federal and state tax filing 2012 online Note. Free federal and state tax filing 2012 online With the exception of these two uses, any portion of the home used for business purposes must meet the exclusive use test. Free federal and state tax filing 2012 online Storage of inventory or product samples. Free federal and state tax filing 2012 online    If you use part of your home for storage of inventory or product samples, you can deduct expenses for the business use of your home without meeting the exclusive use test. Free federal and state tax filing 2012 online However, you must meet all the following tests. Free federal and state tax filing 2012 online You sell products at wholesale or retail as your trade or business. Free federal and state tax filing 2012 online You keep the inventory or product samples in your home for use in your trade or business. Free federal and state tax filing 2012 online Your home is the only fixed location of your trade or business. Free federal and state tax filing 2012 online You use the storage space on a regular basis. Free federal and state tax filing 2012 online The space you use is a separately identifiable space suitable for storage. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online Your home is the only fixed location of your business of selling mechanics' tools at retail. Free federal and state tax filing 2012 online You regularly use half of your basement for storage of inventory and product samples. Free federal and state tax filing 2012 online You sometimes use the area for personal purposes. Free federal and state tax filing 2012 online The expenses for the storage space are deductible even though you do not use this part of your basement exclusively for business. Free federal and state tax filing 2012 online Regular Use To qualify under the regular use test, you must use a specific area of your home for business on a regular basis. Free federal and state tax filing 2012 online Incidental or occasional business use is not regular use. Free federal and state tax filing 2012 online You must consider all facts and circumstances in determining whether your use is on a regular basis. Free federal and state tax filing 2012 online Trade or Business Use To qualify under the trade-or-business-use test, you must use part of your home in connection with a trade or business. Free federal and state tax filing 2012 online If you use your home for a profit-seeking activity that is not a trade or business, you cannot take a deduction for its business use. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online You use part of your home exclusively and regularly to read financial periodicals and reports, clip bond coupons, and carry out similar activities related to your own investments. Free federal and state tax filing 2012 online You do not make investments as a broker or dealer. Free federal and state tax filing 2012 online So, your activities are not part of a trade or business and you cannot take a deduction for the business use of your home. Free federal and state tax filing 2012 online Principal Place of Business You can have more than one business location, including your home, for a single trade or business. Free federal and state tax filing 2012 online To qualify to deduct the expenses for the business use of your home under the principal place of business test, your home must be your principal place of business for that trade or business. Free federal and state tax filing 2012 online To determine whether your home is your principal place of business, you must consider: The relative importance of the activities performed at each place where you conduct business, and The amount of time spent at each place where you conduct business. Free federal and state tax filing 2012 online Your home office will qualify as your principal place of business if you meet the following requirements. Free federal and state tax filing 2012 online You use it exclusively and regularly for administrative or management activities of your trade or business. Free federal and state tax filing 2012 online You have no other fixed location where you conduct substantial administrative or management activities of your trade or business. Free federal and state tax filing 2012 online If, after considering your business locations, your home cannot be identified as your principal place of business, you cannot deduct home office expenses. Free federal and state tax filing 2012 online However, see the later discussions under Place To Meet Patients, Clients, or Customers and Separate Structure for other ways to qualify to deduct home office expenses. Free federal and state tax filing 2012 online Administrative or management activities. Free federal and state tax filing 2012 online   There are many activities that are administrative or managerial in nature. Free federal and state tax filing 2012 online The following are a few examples. Free federal and state tax filing 2012 online Billing customers, clients, or patients. Free federal and state tax filing 2012 online Keeping books and records. Free federal and state tax filing 2012 online Ordering supplies. Free federal and state tax filing 2012 online Setting up appointments. Free federal and state tax filing 2012 online Forwarding orders or writing reports. Free federal and state tax filing 2012 online Administrative or management activities performed at other locations. Free federal and state tax filing 2012 online   The following activities performed by you or others will not disqualify your home office from being your principal place of business. Free federal and state tax filing 2012 online You have others conduct your administrative or management activities at locations other than your home. Free federal and state tax filing 2012 online (For example, another company does your billing from its place of business. Free federal and state tax filing 2012 online ) You conduct administrative or management activities at places that are not fixed locations of your business, such as in a car or a hotel room. Free federal and state tax filing 2012 online You occasionally conduct minimal administrative or management activities at a fixed location outside your home. Free federal and state tax filing 2012 online You conduct substantial nonadministrative or nonmanagement business activities at a fixed location outside your home. Free federal and state tax filing 2012 online (For example, you meet with or provide services to customers, clients, or patients at a fixed location of the business outside your home. Free federal and state tax filing 2012 online ) You have suitable space to conduct administrative or management activities outside your home, but choose to use your home office for those activities instead. Free federal and state tax filing 2012 online Please click here for the text description of the image. Free federal and state tax filing 2012 online Can you deduct business use of the home expenses? Example 1. Free federal and state tax filing 2012 online John is a self-employed plumber. Free federal and state tax filing 2012 online Most of John's time is spent at customers' homes and offices installing and repairing plumbing. Free federal and state tax filing 2012 online He has a small office in his home that he uses exclusively and regularly for the administrative or management activities of his business, such as phoning customers, ordering supplies, and keeping his books. Free federal and state tax filing 2012 online John writes up estimates and records of work completed at his customers' premises. Free federal and state tax filing 2012 online He does not conduct any substantial administrative or management activities at any fixed location other than his home office. Free federal and state tax filing 2012 online John does not do his own billing. Free federal and state tax filing 2012 online He uses a local bookkeeping service to bill his customers. Free federal and state tax filing 2012 online John's home office qualifies as his principal place of business for deducting expenses for its use. Free federal and state tax filing 2012 online He uses the home office for the administrative or managerial activities of his plumbing business and he has no other fixed location where he conducts these administrative or managerial activities. Free federal and state tax filing 2012 online His choice to have his billing done by another company does not disqualify his home office from being his principal place of business. Free federal and state tax filing 2012 online He meets all the qualifications, including principal place of business, so he can deduct expenses (subject to certain limitations, explained later) for the business use of his home. Free federal and state tax filing 2012 online Example 2. Free federal and state tax filing 2012 online Pamela is a self-employed sales representative for several different product lines. Free federal and state tax filing 2012 online She has an office in her home that she uses exclusively and regularly to set up appointments and write up orders and other reports for the companies whose products she sells. Free federal and state tax filing 2012 online She occasionally writes up orders and sets up appointments from her hotel room when she is away on business overnight. Free federal and state tax filing 2012 online Pamela's business is selling products to customers at various locations throughout her territory. Free federal and state tax filing 2012 online To make these sales, she regularly visits customers to explain the available products and take orders. Free federal and state tax filing 2012 online Pamela's home office qualifies as her principal place of business for deducting expenses for its use. Free federal and state tax filing 2012 online She conducts administrative or management activities there and she has no other fixed location where she conducts substantial administrative or management activities. Free federal and state tax filing 2012 online The fact that she conducts some administrative or management activities in her hotel room (not a fixed location) does not disqualify her home office from being her principal place of business. Free federal and state tax filing 2012 online She meets all the qualifications, including principal place of business, so she can deduct expenses (subject to certain limitations, explained later) for the business use of her home. Free federal and state tax filing 2012 online Example 3. Free federal and state tax filing 2012 online Paul is a self-employed anesthesiologist. Free federal and state tax filing 2012 online He spends the majority of his time administering anesthesia and postoperative care in three local hospitals. Free federal and state tax filing 2012 online One of the hospitals provides him with a small shared office where he could conduct administrative or management activities. Free federal and state tax filing 2012 online Paul very rarely uses the office the hospital provides. Free federal and state tax filing 2012 online He uses a room in his home that he has converted to an office. Free federal and state tax filing 2012 online He uses this room exclusively and regularly to conduct all the following activities. Free federal and state tax filing 2012 online Contacting patients, surgeons, and hospitals regarding scheduling. Free federal and state tax filing 2012 online Preparing for treatments and presentations. Free federal and state tax filing 2012 online Maintaining billing records and patient logs. Free federal and state tax filing 2012 online Satisfying continuing medical education requirements. Free federal and state tax filing 2012 online Reading medical journals and books. Free federal and state tax filing 2012 online Paul's home office qualifies as his principal place of business for deducting expenses for its use. Free federal and state tax filing 2012 online He conducts administrative or management activities for his business as an anesthesiologist there and he has no other fixed location where he conducts substantial administrative or management activities for this business. Free federal and state tax filing 2012 online His choice to use his home office instead of the one provided by the hospital does not disqualify his home office from being his principal place of business. Free federal and state tax filing 2012 online His performance of substantial nonadministrative or nonmanagement activities at fixed locations outside his home also does not disqualify his home office from being his principal place of business. Free federal and state tax filing 2012 online He meets all the qualifications, including principal place of business, so he can deduct expenses (subject to certain limitations, explained later) for the business use of his home. Free federal and state tax filing 2012 online Example 4. Free federal and state tax filing 2012 online Kathleen is employed as a teacher. Free federal and state tax filing 2012 online She is required to teach and meet with students at the school and to grade papers and tests. Free federal and state tax filing 2012 online The school provides her with a small office where she can work on her lesson plans, grade papers and tests, and meet with parents and students. Free federal and state tax filing 2012 online The school does not require her to work at home. Free federal and state tax filing 2012 online Kathleen prefers to use the office she has set up in her home and does not use the one provided by the school. Free federal and state tax filing 2012 online She uses this home office exclusively and regularly for the administrative duties of her teaching job. Free federal and state tax filing 2012 online Kathleen must meet the convenience-of-the-employer test, even if her home qualifies as her principal place of business for deducting expenses for its use. Free federal and state tax filing 2012 online Her employer provides her with an office and does not require her to work at home, so she does not meet the convenience-of-the-employer test and cannot claim a deduction for the business use of her home. Free federal and state tax filing 2012 online More Than One Trade or Business The same home office can be the principal place of business for two or more separate business activities. Free federal and state tax filing 2012 online Whether your home office is the principal place of business for more than one business activity must be determined separately for each of your trade or business activities. Free federal and state tax filing 2012 online You must use the home office exclusively and regularly for one or more of the following purposes. Free federal and state tax filing 2012 online As the principal place of business for one or more of your trades or businesses. Free federal and state tax filing 2012 online As a place to meet or deal with patients, clients, or customers in the normal course of one or more of your trades or businesses. Free federal and state tax filing 2012 online If your home office is a separate structure, in connection with one or more of your trades or businesses. Free federal and state tax filing 2012 online You can use your home office for more than one business activity, but you cannot use it for any nonbusiness (i. Free federal and state tax filing 2012 online e. Free federal and state tax filing 2012 online , personal) activities. Free federal and state tax filing 2012 online If you are an employee, any use of the home office in connection with your employment must be for the convenience of your employer. Free federal and state tax filing 2012 online See Rental to employer , later, if you rent part of your home to your employer. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online Tracy White is employed as a teacher. Free federal and state tax filing 2012 online Her principal place of work is the school, which provides her office space to do her school work. Free federal and state tax filing 2012 online She also has a mail order jewelry business. Free federal and state tax filing 2012 online All her work in the jewelry business is done in her home office and the office is used exclusively for that business. Free federal and state tax filing 2012 online If she meets all the other tests, she can deduct expenses for the business use of her home for the jewelry business. Free federal and state tax filing 2012 online If Tracy also uses the office for work related to her teaching, she must meet the exclusive use test for both businesses to qualify for the deduction. Free federal and state tax filing 2012 online As an employee, Tracy must also meet the convenience-of-the-employer test to qualify for the deduction. Free federal and state tax filing 2012 online She does not meet this test for her work as a teacher, so she cannot claim a deduction for the business use of her home for either activity. Free federal and state tax filing 2012 online Place To Meet Patients, Clients, or Customers If you meet or deal with patients, clients, or customers in your home in the normal course of your business, even though you also carry on business at another location, you can deduct your expenses for the part of your home used exclusively and regularly for business if you meet both the following tests. Free federal and state tax filing 2012 online You physically meet with patients, clients, or customers on your premises. Free federal and state tax filing 2012 online Their use of your home is substantial and integral to the conduct of your business. Free federal and state tax filing 2012 online Doctors, dentists, attorneys, and other professionals who maintain offices in their homes generally will meet this requirement. Free federal and state tax filing 2012 online Using your home for occasional meetings and telephone calls will not qualify you to deduct expenses for the business use of your home. Free federal and state tax filing 2012 online The part of your home you use exclusively and regularly to meet patients, clients, or customers does not have to be your principal place of business. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online June Quill, a self-employed attorney, works 3 days a week in her city office. Free federal and state tax filing 2012 online She works 2 days a week in her home office used only for business. Free federal and state tax filing 2012 online She regularly meets clients there. Free federal and state tax filing 2012 online Her home office qualifies for a business deduction because she meets clients there in the normal course of her business. Free federal and state tax filing 2012 online Separate Structure You can deduct expenses for a separate free-standing structure, such as a studio, workshop, garage, or barn, if you use it exclusively and regularly for your business. Free federal and state tax filing 2012 online The structure does not have to be your principal place of business or a place where you meet patients, clients, or customers. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online John Berry operates a floral shop in town. Free federal and state tax filing 2012 online He grows the plants for his shop in a greenhouse behind his home. Free federal and state tax filing 2012 online He uses the greenhouse exclusively and regularly in his business, so he can deduct the expenses for its use, subject to certain limitations, explained later. Free federal and state tax filing 2012 online Figuring the Deduction After you determine that you meet the tests under Qualifying for a Deduction , you can begin to figure how much you can deduct. Free federal and state tax filing 2012 online When figuring the amount you can deduct for the business use of your home, you will use either your actual expenses or a simplified method. Free federal and state tax filing 2012 online Electing to use the simplified method. Free federal and state tax filing 2012 online   The simplified method is an alternative to the calculation, allocation, and substantiation of actual expenses. Free federal and state tax filing 2012 online You choose whether or not to figure your deduction using the simplified method each taxable year. Free federal and state tax filing 2012 online See Using the Simplified Method , later. Free federal and state tax filing 2012 online Rental to employer. Free federal and state tax filing 2012 online   If you rent part of your home to your employer and you use the rented part in performing services for your employer as an employee, your deduction for the business use of your home is limited. Free federal and state tax filing 2012 online You can deduct mortgage interest, qualified mortgage insurance premiums, real estate taxes, and personal casualty losses for the rented part, subject to any limitations. Free federal and state tax filing 2012 online However, you cannot deduct otherwise allowable trade or business expenses, business casualty losses, or depreciation related to the use of your home (or use the simplified method as an alternative to deducting these actual expenses) in performing services for your employer. Free federal and state tax filing 2012 online Using Actual Expenses If you do not or cannot elect to use the simplified method for a home, you will figure your deduction for that home using your actual expenses. Free federal and state tax filing 2012 online You will also need to figure the percentage of your home used for business and the limit on the deduction. Free federal and state tax filing 2012 online If you are an employee or a partner, or you use your home in your farming business and you file Schedule F (Form 1040), you can use the Worksheet To Figure the Deduction for Business Use of Your Home, near the end of this publication, to help you figure your deduction. Free federal and state tax filing 2012 online If you use your home in a trade or business and you file Schedule C (Form 1040), you will use Form 8829 to figure your deduction. Free federal and state tax filing 2012 online Part-year use. Free federal and state tax filing 2012 online   You cannot deduct expenses for the business use of your home incurred during any part of the year you did not use your home for business purposes. Free federal and state tax filing 2012 online For example, if you begin using part of your home for business on July 1, and you meet all the tests from that date until the end of the year, consider only your expenses for the last half of the year in figuring your allowable deduction. Free federal and state tax filing 2012 online Expenses related to tax-exempt income. Free federal and state tax filing 2012 online   Generally, you cannot deduct expenses that are related to tax-exempt allowances. Free federal and state tax filing 2012 online However, if you receive a tax-exempt parsonage allowance or a tax-exempt military allowance, your expenses for mortgage interest and real estate taxes are deductible under the normal rules. Free federal and state tax filing 2012 online No deduction is allowed for other expenses related to the tax-exempt allowance. Free federal and state tax filing 2012 online   If your housing is provided free of charge and the value of the housing is tax exempt, you cannot deduct the rental value of any portion of the housing. Free federal and state tax filing 2012 online Actual Expenses You must divide the expenses of operating your home between personal and business use. Free federal and state tax filing 2012 online The part of a home operating expense you can use to figure your deduction depends on both of the following. Free federal and state tax filing 2012 online Whether the expense is direct, indirect, or unrelated. Free federal and state tax filing 2012 online The percentage of your home used for business. Free federal and state tax filing 2012 online Table 1, next, describes the types of expenses you may have and the extent to which they are deductible. Free federal and state tax filing 2012 online Table 1. Free federal and state tax filing 2012 online Types of Expenses  Expense  Description  Deductibility Direct Expenses only for  the business part  of your home. Free federal and state tax filing 2012 online Deductible in full. Free federal and state tax filing 2012 online *   Examples:  Painting or repairs  only in the area  used for business. Free federal and state tax filing 2012 online Exception: May be only partially  deductible in a daycare facility. Free federal and state tax filing 2012 online See Daycare Facility , later. Free federal and state tax filing 2012 online Indirect Expenses for  keeping up and running your  entire home. Free federal and state tax filing 2012 online Deductible based on the percentage of your home used for business. Free federal and state tax filing 2012 online *   Examples:  Insurance, utilities, and  general repairs. Free federal and state tax filing 2012 online   Unrelated Expenses only for  the parts of your  home not used  for business. Free federal and state tax filing 2012 online Not deductible. Free federal and state tax filing 2012 online   Examples:  Lawn care or painting  a room not used  for business. Free federal and state tax filing 2012 online   *Subject to the deduction limit, discussed later. Free federal and state tax filing 2012 online Form 8829 and the Worksheet To Figure the Deduction for Business Use of Your Home have separate columns for direct and indirect expenses. Free federal and state tax filing 2012 online Certain expenses are deductible whether or not you use your home for business. Free federal and state tax filing 2012 online If you qualify to deduct business use of the home expenses, use the business percentage of these expenses to figure your total business use of the home deduction. Free federal and state tax filing 2012 online These expenses include the following. Free federal and state tax filing 2012 online Real estate taxes. Free federal and state tax filing 2012 online Qualified mortgage insurance premiums. Free federal and state tax filing 2012 online Deductible mortgage interest. Free federal and state tax filing 2012 online Casualty losses. Free federal and state tax filing 2012 online Other expenses are deductible only if you use your home for business. Free federal and state tax filing 2012 online You can use the business percentage of these expenses to figure your total business use of the home deduction. Free federal and state tax filing 2012 online These expenses generally include (but are not limited to) the following. Free federal and state tax filing 2012 online Depreciation (covered under Depreciating Your Home , later). Free federal and state tax filing 2012 online Insurance. Free federal and state tax filing 2012 online Rent paid for the use of property you do not own but use in your trade or business. Free federal and state tax filing 2012 online Repairs. Free federal and state tax filing 2012 online Security system. Free federal and state tax filing 2012 online Utilities and services. Free federal and state tax filing 2012 online Real estate taxes. Free federal and state tax filing 2012 online   To figure the business part of your real estate taxes, multiply the real estate taxes paid by the percentage of your home used for business. Free federal and state tax filing 2012 online   For more information on the deduction for real estate taxes, see Publication 530, Tax Information for Homeowners. Free federal and state tax filing 2012 online Deductible mortgage interest. Free federal and state tax filing 2012 online   To figure the business part of your deductible mortgage interest, multiply this interest by the percentage of your home used for business. Free federal and state tax filing 2012 online You can include interest on a second mortgage in this computation. Free federal and state tax filing 2012 online If your total mortgage debt is more than $1,000,000 or your home equity debt is more than $100,000, your deduction may be limited. Free federal and state tax filing 2012 online For more information on what interest is deductible, see Publication 936, Home Mortgage Interest Deduction. Free federal and state tax filing 2012 online Qualified mortgage insurance premiums. Free federal and state tax filing 2012 online   To figure the business part of your qualified mortgage insurance premiums, multiply the premiums by the percentage of your home used for business. Free federal and state tax filing 2012 online You can include premiums for insurance on a second mortgage in this computation. Free federal and state tax filing 2012 online If your adjusted gross income is more than $100,000 ($50,000 if your filing status is married filing separately), your deduction may be limited. Free federal and state tax filing 2012 online For more information, see Publication 936, and Line 13 in the Instructions for Schedule A (Form 1040). Free federal and state tax filing 2012 online Casualty losses. Free federal and state tax filing 2012 online    If you have a casualty loss on your home that you use for business, treat the casualty loss as a direct expense, an indirect expense, or an unrelated expense, depending on the property affected. Free federal and state tax filing 2012 online A direct expense is the loss on the portion of the property you use only in your business. Free federal and state tax filing 2012 online Use the entire loss to figure the business use of the home deduction. Free federal and state tax filing 2012 online An indirect expense is the loss on property you use for both business and personal purposes. Free federal and state tax filing 2012 online Use only the business portion to figure the deduction. Free federal and state tax filing 2012 online An unrelated expense is the loss on property you do not use in your business. Free federal and state tax filing 2012 online Do not use any of the loss to figure the deduction. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online You meet the rules to take a deduction for an office in your home that is 10% of the total area of your house. Free federal and state tax filing 2012 online A storm damages your roof. Free federal and state tax filing 2012 online This is an indirect expense as the roof is part of the whole house and is considered to be used both for business and personal purposes. Free federal and state tax filing 2012 online You would complete Form 4684, Casualties and Thefts, to report your loss. Free federal and state tax filing 2012 online You complete both section A (Personal Use Property) and section B (Business and Income-Producing Property) as your home is used both for business and personal purposes. Free federal and state tax filing 2012 online Since you use 90% of your home for personal purposes, use 90% of the cost or adjusted basis of your home, insurance or other reimbursement, and fair market value, both before and after the storm, to figure the amounts to enter on lines 2, 3, 5, and 6 of Form 4684. Free federal and state tax filing 2012 online Since you use 10% of your home for business purposes, use 10% of the cost or adjusted basis of your home, insurance or other reimbursement, and fair market value, both before and after the storm, to figure the amounts to enter on lines 20, 21, 23, and 24 of Form 4684. Free federal and state tax filing 2012 online Forms and worksheets to use. Free federal and state tax filing 2012 online   If you are filing Schedule C (Form 1040), get Form 8829 and follow the instructions for casualty losses. Free federal and state tax filing 2012 online If you are an employee or a partner, or you file Schedule F (Form 1040), use the Worksheet To Figure the Deduction for Business Use of Your Home, near the end of this publication. Free federal and state tax filing 2012 online You will also need to get Form 4684. Free federal and state tax filing 2012 online More information. Free federal and state tax filing 2012 online   For more information on casualty losses, see Publication 547, Casualties, Disasters, and Thefts. Free federal and state tax filing 2012 online Insurance. Free federal and state tax filing 2012 online   You can deduct the cost of insurance that covers the business part of your home. Free federal and state tax filing 2012 online However, if your insurance premium gives you coverage for a period that extends past the end of your tax year, you can deduct only the business percentage of the part of the premium that gives you coverage for your tax year. Free federal and state tax filing 2012 online You can deduct the business percentage of the part that applies to the following year in that year. Free federal and state tax filing 2012 online Rent. Free federal and state tax filing 2012 online   If you rent the home you occupy and meet the requirements for business use of the home, you can deduct part of the rent you pay. Free federal and state tax filing 2012 online To figure your deduction, multiply your rent payments by the percentage of your home used for business. Free federal and state tax filing 2012 online   If you own your home, you cannot deduct the fair rental value of your home. Free federal and state tax filing 2012 online However, see Depreciating Your Home , later. Free federal and state tax filing 2012 online Repairs. Free federal and state tax filing 2012 online   The cost of repairs that relate to your business, including labor (other than your own labor), is a deductible expense. Free federal and state tax filing 2012 online For example, a furnace repair benefits the entire home. Free federal and state tax filing 2012 online If you use 10% of your home for business, you can deduct 10% of the cost of the furnace repair. Free federal and state tax filing 2012 online   Repairs keep your home in good working order over its useful life. Free federal and state tax filing 2012 online Examples of common repairs are patching walls and floors, painting, wallpapering, repairing roofs and gutters, and mending leaks. Free federal and state tax filing 2012 online However, repairs are sometimes treated as a permanent improvement and are not deductible. Free federal and state tax filing 2012 online See Permanent improvements , later, under Depreciating Your Home. Free federal and state tax filing 2012 online Security system. Free federal and state tax filing 2012 online   If you install a security system that protects all the doors and windows in your home, you can deduct the business part of the expenses you incur to maintain and monitor the system. Free federal and state tax filing 2012 online You also can take a depreciation deduction for the part of the cost of the security system relating to the business use of your home. Free federal and state tax filing 2012 online Utilities and services. Free federal and state tax filing 2012 online   Expenses for utilities and services, such as electricity, gas, trash removal, and cleaning services, are primarily personal expenses. Free federal and state tax filing 2012 online However, if you use part of your home for business, you can deduct the business part of these expenses. Free federal and state tax filing 2012 online Generally, the business percentage for utilities is the same as the percentage of your home used for business. Free federal and state tax filing 2012 online Telephone. Free federal and state tax filing 2012 online   The basic local telephone service charge, including taxes, for the first telephone line into your home (i. Free federal and state tax filing 2012 online e. Free federal and state tax filing 2012 online , landline) is a nondeductible personal expense. Free federal and state tax filing 2012 online However, charges for business long-distance phone calls on that line, as well as the cost of a second line into your home used exclusively for business, are deductible business expenses. Free federal and state tax filing 2012 online Do not include these expenses as a cost of using your home for business. Free federal and state tax filing 2012 online Deduct these charges separately on the appropriate form or schedule. Free federal and state tax filing 2012 online For example, if you file Schedule C (Form 1040), deduct these expenses on line 25, Utilities (instead of line 30, Expenses for business use of your home). Free federal and state tax filing 2012 online Depreciating Your Home If you own your home and qualify to deduct expenses for its business use, you can claim a deduction for depreciation. Free federal and state tax filing 2012 online Depreciation is an allowance for the wear and tear on the part of your home used for business. Free federal and state tax filing 2012 online You cannot depreciate the cost or value of the land. Free federal and state tax filing 2012 online You recover its cost when you sell or otherwise dispose of the property. Free federal and state tax filing 2012 online Before you figure your depreciation deduction, you need to know the following information. Free federal and state tax filing 2012 online The month and year you started using your home for business. Free federal and state tax filing 2012 online The adjusted basis and fair market value of your home (excluding land) at the time you began using it for business. Free federal and state tax filing 2012 online The cost of any improvements before and after you began using the property for business. Free federal and state tax filing 2012 online The percentage of your home used for business. Free federal and state tax filing 2012 online See Business Percentage , later. Free federal and state tax filing 2012 online Adjusted basis defined. Free federal and state tax filing 2012 online   The adjusted basis of your home is generally its cost, plus the cost of any permanent improvements you made to it, minus any casualty losses or depreciation deducted in earlier tax years. Free federal and state tax filing 2012 online For a discussion of adjusted basis, see Publication 551. Free federal and state tax filing 2012 online Permanent improvements. Free federal and state tax filing 2012 online   A permanent improvement increases the value of property, adds to its life, or gives it a new or different use. Free federal and state tax filing 2012 online Examples of improvements are replacing electric wiring or plumbing, adding a new roof or addition, paneling, or remodeling. Free federal and state tax filing 2012 online    You must carefully distinguish between repairs and improvements. Free federal and state tax filing 2012 online See Repairs , earlier, under Actual Expenses. Free federal and state tax filing 2012 online You also must keep accurate records of these expenses. Free federal and state tax filing 2012 online These records will help you decide whether an expense is a deductible or a capital (added to the basis) expense. Free federal and state tax filing 2012 online However, if you make repairs as part of an extensive remodeling or restoration of your home, the entire job is an improvement. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online You buy an older home and fix up two rooms as a beauty salon. Free federal and state tax filing 2012 online You patch the plaster on the ceilings and walls, paint, repair the floor, install an outside door, and install new wiring, plumbing, and other equipment. Free federal and state tax filing 2012 online Normally, the patching, painting, and floor work are repairs and the other expenses are permanent improvements. Free federal and state tax filing 2012 online However, because the work gives your property a new use, the entire remodeling job is a permanent improvement and its cost is added to the basis of the property. Free federal and state tax filing 2012 online You cannot deduct any portion of it as a repair expense. Free federal and state tax filing 2012 online Adjusting for depreciation deducted in earlier years. Free federal and state tax filing 2012 online   Decrease the basis of your property by the depreciation you deducted, or could have deducted, on your tax returns under the method of depreciation you properly selected. Free federal and state tax filing 2012 online If you deducted less depreciation than you could have under the method you selected, decrease the basis by the amount you could have deducted under that method. Free federal and state tax filing 2012 online If you did not deduct any depreciation, decrease the basis by the amount you could have deducted. Free federal and state tax filing 2012 online   If you deducted more depreciation than you should have, decrease your basis by the amount you should have deducted, plus the part of the excess depreciation you deducted that actually decreased your tax liability for any year. Free federal and state tax filing 2012 online   If you deducted the incorrect amount of depreciation, see Publication 946. Free federal and state tax filing 2012 online Fair market value defined. Free federal and state tax filing 2012 online   The fair market value of your home is the price at which the property would change hands between a buyer and a seller, neither having to buy or sell, and both having reasonable knowledge of all necessary facts. Free federal and state tax filing 2012 online Sales of similar property, on or about the date you begin using your home for business, may be helpful in determining the property's fair market value. Free federal and state tax filing 2012 online Figuring the depreciation deduction for the current year. Free federal and state tax filing 2012 online   If you began using your home for business before 2013, continue to use the same depreciation method you used in past tax years. Free federal and state tax filing 2012 online   If you began using your home for business for the first time in 2013, depreciate the business part as nonresidential real property under the modified accelerated cost recovery system (MACRS). Free federal and state tax filing 2012 online Under MACRS, nonresidential real property is depreciated using the straight line method over 39 years. Free federal and state tax filing 2012 online For more information on MACRS and other methods of depreciation, see Publication 946. Free federal and state tax filing 2012 online   To figure the depreciation deduction, you must first figure the part of the cost of your home that can be depreciated (depreciable basis). Free federal and state tax filing 2012 online The depreciable basis is figured by multiplying the percentage of your home used for business by the smaller of the following. Free federal and state tax filing 2012 online The adjusted basis of your home (excluding land) on the date you began using your home for business. Free federal and state tax filing 2012 online The fair market value of your home (excluding land) on the date you began using your home for business. Free federal and state tax filing 2012 online Depreciation table. Free federal and state tax filing 2012 online   If 2013 was the first year you used your home for business, you can figure your 2013 depreciation for the business part of your home by using the appropriate percentage from the following table. Free federal and state tax filing 2012 online Table 2. Free federal and state tax filing 2012 online MACRS Percentage Table for 39-Year Nonresidential Real Property Month First Used for Business Percentage To Use 1 2. Free federal and state tax filing 2012 online 461% 2 2. Free federal and state tax filing 2012 online 247% 3 2. Free federal and state tax filing 2012 online 033% 4 1. Free federal and state tax filing 2012 online 819% 5 1. Free federal and state tax filing 2012 online 605% 6 1. Free federal and state tax filing 2012 online 391% 7 1. Free federal and state tax filing 2012 online 177% 8 0. Free federal and state tax filing 2012 online 963% 9 0. Free federal and state tax filing 2012 online 749% 10 0. Free federal and state tax filing 2012 online 535% 11 0. Free federal and state tax filing 2012 online 321% 12 0. Free federal and state tax filing 2012 online 107%   Multiply the depreciable basis of the business part of your home by the percentage from the table for the first month you use your home for business. Free federal and state tax filing 2012 online See Publication 946 for the percentages for the remaining tax years of the recovery period. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online In May, George Miller began to use one room in his home exclusively and regularly to meet clients. Free federal and state tax filing 2012 online This room is 8% of the square footage of his home. Free federal and state tax filing 2012 online He bought the home in 2003 for $125,000. Free federal and state tax filing 2012 online He determined from his property tax records that his adjusted basis in the house (exclusive of land) is $115,000. Free federal and state tax filing 2012 online In May, the house had a fair market value of $165,000. Free federal and state tax filing 2012 online He multiplies his adjusted basis of $115,000 (which is less than the fair market value) by 8%. Free federal and state tax filing 2012 online The result is $9,200, his depreciable basis for the business part of the house. Free federal and state tax filing 2012 online George files his return based on the calendar year. Free federal and state tax filing 2012 online May is the 5th month of his tax year. Free federal and state tax filing 2012 online He multiplies his depreciable basis of $9,200 by 1. Free federal and state tax filing 2012 online 605% (. Free federal and state tax filing 2012 online 01605), the percentage from the table for the 5th month. Free federal and state tax filing 2012 online His depreciation deduction is $147. Free federal and state tax filing 2012 online 66. Free federal and state tax filing 2012 online Depreciating permanent improvements. Free federal and state tax filing 2012 online   Add the costs of permanent improvements made before you began using your home for business to the basis of your property. Free federal and state tax filing 2012 online Depreciate these costs as part of the cost of your home as explained earlier. Free federal and state tax filing 2012 online The costs of improvements made after you begin using your home for business (that affect the business part of your home, such as a new roof) are depreciated separately. Free federal and state tax filing 2012 online Multiply the cost of the improvement by the business-use percentage and depreciate the result over the recovery period that would apply to your home if you began using it for business at the same time as the improvement. Free federal and state tax filing 2012 online For improvements made this year, the recovery period is 39 years. Free federal and state tax filing 2012 online For the percentage to use for the first year, see Table 2, earlier. Free federal and state tax filing 2012 online For more information on recovery periods, see Publication 946. Free federal and state tax filing 2012 online Business Percentage To find the business percentage, compare the size of the part of your home that you use for business to your whole house. Free federal and state tax filing 2012 online Use the resulting percentage to figure the business part of the expenses for operating your entire home. Free federal and state tax filing 2012 online You can use any reasonable method to determine the business percentage. Free federal and state tax filing 2012 online The following are two commonly used methods for figuring the percentage. Free federal and state tax filing 2012 online Divide the area (length multiplied by the width) used for business by the total area of your home. Free federal and state tax filing 2012 online If the rooms in your home are all about the same size, you can divide the number of rooms used for business by the total number of rooms in your home. Free federal and state tax filing 2012 online Example 1. Free federal and state tax filing 2012 online Your office is 240 square feet (12 feet × 20 feet). Free federal and state tax filing 2012 online Your home is 1,200 square feet. Free federal and state tax filing 2012 online Your office is 20% (240 ÷ 1,200) of the total area of your home. Free federal and state tax filing 2012 online Your business percentage is 20%. Free federal and state tax filing 2012 online Example 2. Free federal and state tax filing 2012 online You use one room in your home for business. Free federal and state tax filing 2012 online Your home has 10 rooms, all about equal size. Free federal and state tax filing 2012 online Your office is 10% (1 ÷ 10) of the total area of your home. Free federal and state tax filing 2012 online Your business percentage is 10%. Free federal and state tax filing 2012 online Use lines 1-7 of Form 8829, or lines 1-3 on the Worksheet To Figure the Deduction for Business Use of Your Home (near the end of this publication) to figure your business percentage. Free federal and state tax filing 2012 online Deduction Limit If your gross income from the business use of your home equals or exceeds your total business expenses (including depreciation), you can deduct all your business expenses related to the use of your home. Free federal and state tax filing 2012 online If your gross income from the business use of your home is less than your total business expenses, your deduction for certain expenses for the business use of your home is limited. Free federal and state tax filing 2012 online Your deduction of otherwise nondeductible expenses, such as insurance, utilities, and depreciation of your home (with depreciation of your home taken last), that are allocable to the business, is limited to the gross income from the business use of your home minus the sum of the following. Free federal and state tax filing 2012 online The business part of expenses you could deduct even if you did not use your home for business (such as mortgage interest, real estate taxes, and casualty and theft losses that are allowable as itemized deductions on Schedule A (Form 1040)). Free federal and state tax filing 2012 online These expenses are discussed in detail under Actual Expenses , earlier. Free federal and state tax filing 2012 online The business expenses that relate to the business activity in the home (for example, business phone, supplies, and depreciation on equipment), but not to the use of the home itself. Free federal and state tax filing 2012 online If you are self-employed, do not include in (2) above your deduction for one-half of your self-employment tax. Free federal and state tax filing 2012 online Carryover of unallowed expenses. Free federal and state tax filing 2012 online   If your deductions are greater than the current year's limit, you can carry over the excess to the next year in which you use actual expenses. Free federal and state tax filing 2012 online They are subject to the deduction limit for that year, whether or not you live in the same home during that year. Free federal and state tax filing 2012 online Figuring the deduction limit and carryover. Free federal and state tax filing 2012 online   If you are an employee or a partner, or you file Schedule F (Form 1040), use the Worksheet To Figure the Deduction for Business Use of Your Home, near the end of this publication. Free federal and state tax filing 2012 online If you file Schedule C (Form 1040), figure your deduction limit and carryover on Form 8829. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online You meet the requirements for deducting expenses for the business use of your home. Free federal and state tax filing 2012 online You use 20% of your home for business. Free federal and state tax filing 2012 online In 2013, your business expenses and the expenses for the business use of your home are deducted from your gross income in the following order. Free federal and state tax filing 2012 online    Gross income from business $6,000 Minus:   Deductible mortgage interest and real estate taxes (20%) 3,000 Business expenses not related to the use of your home (100%) (business phone, supplies, and depreciation on equipment) 2,000 Deduction limit $1,000 Minus other expenses allocable to business use of home:   Maintenance, insurance, and utilities (20%) 800 Depreciation allowed (20% = $1,600 allowable, but subject to balance of deduction limit) 200 Other expenses up to the deduction limit $1,000 Depreciation carryover to 2014 ($1,600 − $200) (subject to deduction limit in 2014) $1,400   You can deduct all of the business part of your deductible mortgage interest and real estate taxes ($3,000). Free federal and state tax filing 2012 online You also can deduct all of your business expenses not related to the use of your home ($2,000). Free federal and state tax filing 2012 online Additionally, you can deduct all of the business part of your expenses for maintenance, insurance, and utilities, because the total ($800) is less than the $1,000 deduction limit. Free federal and state tax filing 2012 online Your deduction for depreciation for the business use of your home is limited to $200 ($1,000 minus $800) because of the deduction limit. Free federal and state tax filing 2012 online You can carry over the $1,400 balance and add it to your depreciation for 2014, subject to your deduction limit in 2014. Free federal and state tax filing 2012 online More than one place of business. Free federal and state tax filing 2012 online   If part of the gross income from your trade or business is from the business use of part of your home and part is from a place other than your home, you must determine the part of your gross income from the business use of your home before you figure the deduction limit. Free federal and state tax filing 2012 online In making this determination, consider the time you spend at each location, the business investment in each location, and any other relevant facts and circumstances. Free federal and state tax filing 2012 online If your home office qualifies as your principal place of business, you can deduct your daily transportation costs between your home and another work location in the same trade or business. Free federal and state tax filing 2012 online For more information on transportation costs, see Publication 463, Travel, Entertainment, Gift, and Car Expenses. Free federal and state tax filing 2012 online Using the Simplified Method The simplified method is an alternative to the calculation, allocation, and substantiation of actual expenses. Free federal and state tax filing 2012 online In most cases, you will figure your deduction by multiplying $5, the prescribed rate, by the area of your home used for a qualified business use. Free federal and state tax filing 2012 online The area you use to figure your deduction is limited to 300 square feet. Free federal and state tax filing 2012 online See Simplified Amount , later, for information about figuring the amount of the deduction. Free federal and state tax filing 2012 online For more information about the simplified method, see Revenue Procedure 2013-13, 2013-06 I. Free federal and state tax filing 2012 online R. Free federal and state tax filing 2012 online B. Free federal and state tax filing 2012 online 478, available at www. Free federal and state tax filing 2012 online irs. Free federal and state tax filing 2012 online gov/irb/2013-06_IRB/ar09. Free federal and state tax filing 2012 online html. Free federal and state tax filing 2012 online Actual expenses and depreciation of your home. Free federal and state tax filing 2012 online   If you elect to use the simplified method, you cannot deduct any actual expenses for the business except for business expenses that are not related to the use of the home. Free federal and state tax filing 2012 online You also cannot deduct any depreciation (including any additional first-year depreciation) or section 179 expense for the portion of the home that is used for a qualified business use. Free federal and state tax filing 2012 online The depreciation deduction allowable for that portion of the home is deemed to be zero for a year you use the simplified method. Free federal and state tax filing 2012 online If you figure your deduction for business use of the home using actual expenses in a subsequent year, you will have to use the appropriate optional depreciation table for MACRS to figure your depreciation. Free federal and state tax filing 2012 online More information. Free federal and state tax filing 2012 online   For more information about claiming depreciation in a subsequent year, see Revenue Procedure 2013-13, 2013-06 I. Free federal and state tax filing 2012 online R. Free federal and state tax filing 2012 online B. Free federal and state tax filing 2012 online 478, available at www. Free federal and state tax filing 2012 online irs. Free federal and state tax filing 2012 online gov/irb/2013-06_IRB/ar09. Free federal and state tax filing 2012 online html. Free federal and state tax filing 2012 online See Publication 946 for the optional depreciation tables Although you cannot deduct any depreciation or section 179 expense for the portion of your home used for a qualified business use, you may still claim depreciation or the section 179 expense deduction on other assets used in the business (for example, furniture and equipment). Free federal and state tax filing 2012 online Expenses deductible without regard to business use. Free federal and state tax filing 2012 online   When using the simplified method, treat as personal expenses those business expenses related to the use of the home that are deductible without regard to whether there is a qualified business use of the home. Free federal and state tax filing 2012 online These expenses include mortgage interest, real estate taxes, and casualty losses, subject to any limitations. Free federal and state tax filing 2012 online See Where To Deduct , later. Free federal and state tax filing 2012 online If you also rent part of your home, you must still allocate these expenses between rental use and personal use (for this purpose, personal use includes business use reported using the simplified method). Free federal and state tax filing 2012 online No deduction of carryover of actual expenses. Free federal and state tax filing 2012 online   If you used actual expenses to figure your deduction for business use of the home in a prior year and your deduction was limited, you cannot deduct the disallowed amount carried over from the prior year during a year you figure your deduction using the simplified method. Free federal and state tax filing 2012 online Instead, you will continue to carry over the disallowed amount to the next year that you use actual expenses to figure your deduction. Free federal and state tax filing 2012 online Electing the Simplified Method You choose whether or not to figure your deduction using the simplified method each taxable year. Free federal and state tax filing 2012 online Make the election for a home by using the simplified method to figure the deduction for the qualified business use of that home on a timely filed, original federal income tax return. Free federal and state tax filing 2012 online An election for a taxable year, once made, is irrevocable. Free federal and state tax filing 2012 online A change from using the simplified method in one year to actual expenses in a succeeding taxable year, or vice-versa, is not a change in method of accounting and does not require the consent of the Commissioner. Free federal and state tax filing 2012 online Shared use. Free federal and state tax filing 2012 online   If you share your home with someone else who also uses the home in a business that qualifies for this deduction, each of you make your own election. Free federal and state tax filing 2012 online More than one qualified business use. Free federal and state tax filing 2012 online   If you conduct more than one business that qualifies for this deduction in your home, your election to use the simplified method applies to all your qualified business uses of that home. Free federal and state tax filing 2012 online More than one home. Free federal and state tax filing 2012 online   If you used more than one home during the year (for example, you moved during the year), you can elect to use the simplified method for only one of the homes. Free federal and state tax filing 2012 online You must figure the deduction for any other home using actual expenses. Free federal and state tax filing 2012 online Simplified Amount Your deduction for the qualified business use of a home is the sum of each amount you figure for a separate qualified business use of your home. Free federal and state tax filing 2012 online To figure your deduction for the business use of a home using the simplified method, you will need to know the following information for each qualified business use of the home. Free federal and state tax filing 2012 online The allowable area of your home used in conducting the business. Free federal and state tax filing 2012 online If you did not conduct the business for the entire year in the home or the area changed during the year, you will need to know the allowable area you used and the number of days you conducted the business for each month. Free federal and state tax filing 2012 online The gross income from the business use of your home. Free federal and state tax filing 2012 online The amount of the business expenses that are not related to the use of your home. Free federal and state tax filing 2012 online If the qualified business use is for a daycare facility that uses space in your home on a regular (but not exclusive) basis, you will also need to know the percentage of time that part of your home is used for daycare. Free federal and state tax filing 2012 online To figure the amount you can deduct for qualified business use of your home using the simplified method, follow these 3 steps. Free federal and state tax filing 2012 online Multiply the allowable area by $5 (or less than $5 if the qualified business use is for a daycare that uses space in your home on a regular, but not exclusive, basis). Free federal and state tax filing 2012 online See Allowable area and Space used regularly for daycare , later. Free federal and state tax filing 2012 online Subtract the expenses from the business that are not related to the use of the home from the gross income related to the business use of the home. Free federal and state tax filing 2012 online If these expenses are greater than the gross income from the business use of the home, then you cannot take a deduction for this business use of the home. Free federal and state tax filing 2012 online See Gross income limitation , later. Free federal and state tax filing 2012 online Take the smaller of the amounts from (1) and (2). Free federal and state tax filing 2012 online This is the amount you can deduct for this qualified business use of your home using the simplified method. Free federal and state tax filing 2012 online If you are an employee or a partner, or you use your home in your farming business and file Schedule F (Form 1040), you can use the Simplified Method Worksheet, near the end of this publication, to help you figure your deduction. Free federal and state tax filing 2012 online If you use your home in a trade or business and you file Schedule C (Form 1040), you will use the Simplified Method Worksheet in your Instructions for Schedule C to figure your deduction. Free federal and state tax filing 2012 online Allowable area. Free federal and state tax filing 2012 online   In most cases, the allowable area is the smaller of the actual area (in square feet) of your home used in conducting the business and 300 square feet. Free federal and state tax filing 2012 online Your allowable area may be smaller if you conducted the business as a qualified joint venture with your spouse, the area used by the business was shared with another qualified business use, you used the home for the business for only part of the year, or the area used by the business changed during the year. Free federal and state tax filing 2012 online You can use the Area Adjustment Worksheet (for simplified method), near the end of this publication, to help you figure your allowable area for a qualified business use. Free federal and state tax filing 2012 online Area used by a qualified joint venture. Free federal and state tax filing 2012 online   If the qualified business use of the home is also a qualified joint venture, you and your spouse will figure the deduction for the business use separately. Free federal and state tax filing 2012 online Split the actual area used in conducting business between you and your spouse in the same manner you split your other tax attributes. Free federal and state tax filing 2012 online Then, each spouse will figure the allowable area separately. Free federal and state tax filing 2012 online For more information about qualified joint ventures, see Qualified Joint Venture in the Instructions for Schedule C. Free federal and state tax filing 2012 online Shared use. Free federal and state tax filing 2012 online   If you share your home with someone else who uses the home to conduct business that also qualifies for this deduction, you may not include the same square feet to figure your deduction as the other person. Free federal and state tax filing 2012 online You must allocate the shared space between you and the other person in a reasonable manner. Free federal and state tax filing 2012 online Example. Free federal and state tax filing 2012 online Kristin and Lindsey are roommates. Free federal and state tax filing 2012 online Kristin uses 300 square feet of their home for a qualified business use. Free federal and state tax filing 2012 online Lindsey uses 200 square feet of their home for a separate qualified business use. Free federal and state tax filing 2012 online The qualified business uses share 100 square feet. Free federal and state tax filing 2012 online In addition to the portion that they do not share, Kristin and Lindsey can both claim 50 of the 100 square feet or divide the 100 square feet between them in any reasonable manner. Free federal and state tax filing 2012 online If divided evenly, Kristin could claim 250 square feet using the simplified method and Lindsey could claim 150 square feet. Free federal and state tax filing 2012 online More than one qualified business use. Free federal and state tax filing 2012 online   If you conduct more than one business qualifying for the deduction, you are limited to a maximum of 300 square feet for all of the businesses. Free federal and state tax filing 2012 online Allocate the actual square footage used (up to the maximum of 300 square feet) among your qualified business uses in a reasonable manner. Free federal and state tax filing 2012 online However, do not allocate more square feet to a qualified business use than you actually use for that business. Free federal and state tax filing 2012 online Rental use. Free federal and state tax filing 2012 online   The simplified method does not apply to rental use. Free federal and state tax filing 2012 online A rental use that qualifies for the deduction must be figured using actual expenses. Free federal and state tax filing 2012 online If the rental use and a qualified business use share the same area, you will have to allocate the actual area used between the two uses. Free federal and state tax filing 2012 online You cannot use the same area to figure a deduction for the qualified business use as you are using to figure the deduction for the rental use. Free federal and state tax filing 2012 online Part-year use or area changes. Free federal and state tax filing 2012 online   If your qualified business use was for a portion of the taxable year (for example, a seasonal business or a business that begins during the taxable year) or you changed the square footage of your qualified business use, your deduction is limited to the average monthly allowable square footage. Free federal and state tax filing 2012 online You calculate the average monthly allowable square footage by adding the amount of allowable square feet you used in each month and dividing the sum by 12. Free federal and state tax filing 2012 online When determining the average monthly allowable square footage, you cannot take more than 300 square feet into account for any one month. Free federal and state tax filing 2012 online Additionally, if your qualified business use was less than 15 days in a month, you must use -0- for that month. Free federal and state tax filing 2012 online Example 1. Free federal and state tax filing 2012 online Andy files his federal income tax return on a calendar year basis. Free federal and state tax filing 2012 online On July 20, he began using 420 square feet of his home for a qualified business use. Free federal and state tax filing 2012 online He continued to use the 420 square feet until the end of the year. Free federal and state tax filing 2012 online His average monthly allowable square footage is 125 square feet, which is figured using 300 square feet for each month August through December divided by the number of months in the taxable year ((0 + 0 + 0 + 0 + 0 + 0 + 0 + 300 + 300 + 300 + 300 + 300)/12). Free federal and state tax filing 2012 online Example 2. Free federal and state tax filing 2012 online Amy files her federal income tax return on a calendar year basis. Free federal and state tax filing 2012 online On April 20, she began using 100 square feet of her home for a qualified business use. Free federal and state tax filing 2012 online On August 5, she expanded the area of her qualified use to 330 square feet. Free federal and state tax filing 2012 online Amy continued to use the 330 square feet until the end of the year. Free federal and state tax filing 2012 online Her average monthly allowable square footage is 150 square feet, which is figured using 100 square feet for May through July and 300 square feet for August through December divided by the number of months in the taxable year ((0 + 0 + 0 + 0 + 100 + 100 +100 + 300 + 300 + 300 + 300 + 300)/12). Free federal and state tax filing 2012 online Gross income limitation. Free federal and state tax filing 2012 online   Your deduction for business use of the home is limited to an amount equal to the gross income derived from the qualified business use of the home reduced by the business deductions that are unrelated to the use of your home. Free federal and state tax filing 2012 online If the business deductions that are unrelated to the use of your home are greater than the gross income derived from the qualified business use of your home, then you cannot take a deduction for this qualified business use of your home. Free federal and state tax filing 2012 online Business expenses not related to use of the home. Free federal and state tax filing 2012 online   These expenses relate to the business activity in the home, but not to the use of the home itself. Free federal and state tax filing 2012 online You can still deduct business expenses that are unrelated to the use of the home. Free federal and state tax filing 2012 online See Where To Deduct , later. Free federal and state tax filing 2012 online Examples of business expenses that are unrelated to the use of the home are advertising, wages, supplies, dues, and depreciation for equipment. Free federal and state tax filing 2012 online Space used regularly for daycare. Free federal and state tax filing 2012 online   If you do not use the area of your home exclusively for daycare, you must reduce the prescribed rate (maximum $5 per square foot) before figuring your deduction. Free federal and state tax filing 2012 online The reduced rate will equal the prescribed rate times a fraction. Free federal and state tax filing 2012 online The numerator of the fraction is the number of hours that the space was used during the year for daycare and the denominator is the total number of hours during the year that the space was available for all uses. Free federal and state tax filing 2012 online You can use the Daycare Facility Worksheet (for simplified method), near the end of this publication, to help you figure the reduced rate. Free federal and state tax filing 2012 online    If you used at least 300 square feet for daycare regularly and exclusively during the year, then you do not need to reduce the prescribed rate or complete the Daycare Facility Worksheet. Free federal and state tax filing 2012 online Daycare Facility If you use space in your home on a regular basis for providing daycare, you may be able to claim a deduction for that part of your home even if you use the same space for nonbusiness purposes. Free federal and state tax filing 2012 online To qualify for this exception to the exclusive use rule, you must meet both of the following requirements. Free federal and state tax filing 2012 online You must be in the trade or business of providing daycare for children, persons age 65 or older, or persons who are physically or mentally unable to care for themselves. Free federal and state tax filing 2012 online You must have applied for, been granted, or be exempt from having, a license, certification, registration, or approval as a daycare center or as a family or group daycare home under state law. Free federal and state tax filing 2012 online You do not meet this requirement if your application was rejected or your license or other authorization was revoked. Free federal and state tax filing 2012 online Figuring the deduction. Free federal and state tax filing 2012 online   If you elect to use the simplified method for your home, figure your deduction as described earlier in Using the Simplified Method under Figuring the Deduction. Free federal and state tax filing 2012 online    If you are figuring your deduction using actual expenses and you regularly use part of your home for daycare, figure what part is used for daycare, as explained in Business Percentage , earlier, under Figuring the Deduction. Free federal and state tax filing 2012 online If you also use that part exclusively for daycare, deduct all the allocable expenses, subject to the deduction limit, as explained earlier. Free federal and state tax filing 2012 online   If the use of part of your home as a daycare facility is regular, but not exclusive, you must figure the percentage of time that part of your home is used for daycare. Free federal and state tax filing 2012 online A room that is available for use throughout each business day and that you regularly use in your business is considered to be used for daycare throughout each business day. Free federal and state tax filing 2012 online You do not have to keep records to show the specific hours the area was used for business. Free federal and state tax filing 2012 online You can use the area occasionally for personal reasons. Free federal and state tax filing 2012 online However, a room you use only occasionally for business does not qualify for the deduction. Free federal and state tax filing 2012 online To find the percentage of time you actually use your home for business, compare the total time used for business to the total time that part of your home can be used for all purposes. Free federal and state tax filing 2012 online You can compare the hours of business use in a week with the number of hours in a week (168). Free federal and state tax filing 2012 online Or you can compare the hours of business use for the year with the number of hours in the year (8,760 in 2013). Free federal and state tax filing 2012 online If you started or stopped using your home for daycare in 2013, you must prorate the number of hours based on the number of days the home was available for daycare. Free federal and state tax filing 2012 online Example 1. Free federal and state tax filing 2012 online Mary Lake used her basement to operate a daycare business for children. Free federal and state tax filing 2012 online She figures the business percentage of the basement as follows. Free federal and state tax filing 2012 online Square footage of the basement Square footage of her home = 1,600 3,200 = 50%           She used the basement for daycare an average of 12 hours a day, 5 days a week, for 50 weeks a year. Free federal and state tax filing 2012 online During the other 12 hours a day, the family could use the basement. Free federal and state tax filing 2012 online She figures the percentage of time the basement was used for daycare as follows. Free federal and state tax filing 2012 online Number of hours used for daycare (12 x 5 x 50) Total number of hours in the year (24 x 365) = 3,000 8,760 = 34. Free federal and state tax filing 2012 online 25%           Mary can deduct 34. Free federal and state tax filing 2012 online 25% of any direct expenses for the basement. Free federal and state tax filing 2012 online However, because her indirect expenses are for the entire house, she can deduct only 17. Free federal and state tax filing 2012 online 13% of the indirect expenses. Free federal and state tax filing 2012 online She figures the percentage for her indirect expenses as follows. Free federal and state tax filing 2012 online Business percentage of the basement 50% Multiplied by: Percentage of time used for daycare × 34. Free federal and state tax filing 2012 online 25% Percentage for indirect expenses 17. Free federal and state tax filing 2012 online 13% Mary completes Form 8829, Part I, figuring the percentage of her home used for business, including the percentage of time the basement was used. Free federal and state tax filing 2012 online In Part II, Mary figures her deductible expenses. Free federal and state tax filing 2012 online She uses the following information to complete Part II. Free federal and state tax filing 2012 online Gross income from her daycare business $50,000 Expenses not related to the business use of the home $25,000 Tentative profit $25,000 Rent $8,400 Utilities $850 Painting the basement $500 Mary enters her tentative profit, $25,000, on line 8. Free federal and state tax filing 2012 online (This figure is the same as the amount on line 29 of her Schedule C (Form 1040). Free federal and state tax filing 2012 online ) The expenses she paid for rent and utilities relate to her entire home. Free federal and state tax filing 2012 online Therefore, she enters the amount paid for rent on line 18, column (b), and the amount paid for utilities on line 20, column (b). Free federal and state tax filing 2012 online She shows the total of these expenses on line 22, column (b). Free federal and state tax filing 2012 online For line 23, she multiplies the amount on line 22, column (b) by the percentage on line 7 and enters the result, $1,585. Free federal and state tax filing 2012 online Mary paid $500 to have the basement painted. Free federal and state tax filing 2012 online The painting is a direct expense. Free federal and state tax filing 2012 online However, because she did not use the basement exclusively for daycare, she must multiply $500 by the percentage of time the basement was used for daycare (34. Free federal and state tax filing 2012 online 25% – line 6). Free federal and state tax filing 2012 online She enters $171 (34. Free federal and state tax filing 2012 online 25% × $500) on line 19, column (a). Free federal and state tax filing 2012 online She adds line 22, column (a), and line 23 and enters $1,756 ($171 + $1,585) on line 25. Free federal and state tax filing 2012 online This is less than her deduction limit (line 15), so she can deduct the entire amount. Free federal and state tax filing 2012 online She follows the instructions to complete the rest of Part II and enters $1,756 on lines 33 and 35. Free federal and state tax filing 2012 online She then carries the $1,756 to line 30 of her Schedule C (Form 1040). Free federal and state tax filing 2012 online Example 2. Free federal and state tax filing 2012 online Assume the same facts as in Example 1 except that Mary also has another room that was available each business day for children to take naps in. Free federal and state tax filing 2012 online Although she did not keep a record of the number of hours the room was actually used for naps, it was used for part of each business day. Free federal and state tax filing 2012 online Since the room was available for business use during regular operating hours each business day and was used regularly in the business, it is considered used for daycare throughout each business day. Free federal and state tax filing 2012 online The basement and room are 60% of the total area of her home. Free federal and state tax filing 2012 online In figuring her expenses, 34. Free federal and state tax filing 2012 online 25% of any direct expenses for the basement and room are deductible. Free federal and state tax filing 2012 online In addition, 20. Free federal and state tax filing 2012 online 55% (34. Free federal and state tax filing 2012 online 25% × 60%) of her indirect expenses are deductible. Free federal and state tax filing 2012 online Example 3. Free federal and state tax filing 2012 online Assume the same facts as in Example 1 except that Mary stopped using her home for a daycare facility on June 24, 2013. Free federal and state tax filing 2012 online She used the basement for daycare an average of 12 hours a day, 5 days a week, but for only 25 weeks of the year. Free federal and state tax filing 2012 online During the other 12 hours a day, the family could still use the basement. Free federal and state tax filing 2012 online She figures the percentage of time the basement was used for business as follows. Free federal and state tax filing 2012 online Number of hours used for daycare (12 x 5 x 25) Total number of hours during period used (24 x 175) = 1,500 4,200 = 35. Free federal and state tax filing 2012 online 71%           Mary can deduct 35. Free federal and state tax filing 2012 online 71% of any direct expenses for the basement. Free federal and state tax filing 2012 online However, because her indirect expenses are for the entire house, she can deduct only 17. Free federal and state tax filing 2012 online 86% of the indirect expenses. Free federal and state tax filing 2012 online She figures the percentage for her indirect expenses as follows. Free federal and state tax filing 2012 online Business percentage of the basement 50% Multiplied by: Percentage of time used for daycare × 35. Free federal and state tax filing 2012 online 71% Percentage for indirect expenses 17. Free federal and state tax filing 2012 online 86% Meals. Free federal and state tax filing 2012 online   If you provide food for your daycare recipients, do not include the expense as a cost of using your home for business. Free federal and state tax filing 2012 online Claim it as a separate deduction on your Schedule C (Form 1040). Free federal and state tax filing 2012 online You can never deduct the cost of food consumed by you or your family. Free federal and state tax filing 2012 online You can deduct as a business expense 100% of the actual cost of food consumed by your daycare recipients (see Standard meal and snack rates , later, for an optional method for eligible children) and generally only 50% of the cost of food consumed by your employees. Free federal and state tax filing 2012 online However, you can deduct 100% of the cost of food consumed by your employees if its value can be excluded from their wages as a de minimis fringe benefit. Free federal and state tax filing 2012 online For more information on meals that meet these requirements, see Meals in chapter 2 of Publication 15-B, Employer's Tax Guide to Fringe Benefits. Free federal and state tax filing 2012 online   If you deduct the actual cost of food for your daycare business, keep a separate record (with receipts) of your family's food costs. Free federal and state tax filing 2012 online   Reimbursements you receive from a sponsor under the Child and Adult Care Food Program of the Department of Agriculture are taxable only to the extent they exceed your expenses for food for eligible children. Free federal and state tax filing 2012 online If your reimbursements are more than your expenses for food, show the difference as income in Part I of Schedule C (Form 1040). Free federal and state tax filing 2012 online If your food expenses are greater than the reimbursements, show the difference as an expense in Part V of Schedule C (Form 1040). Free federal and state tax filing 2012 online Do not include payments or expenses for your own children if they are eligible for the program. Free federal and state tax filing 2012 online Follow this procedure even if you receive a Form 1099-MISC, Miscellaneous Income, reporting a payment from the sponsor. Free federal and state tax filing 2012 online Standard meal and snack rates. Free federal and state tax filing 2012 online   If you qualify as a family daycare provider, you can use the standard meal and snack rates, instead of actual costs, to compute the deductible cost of meals and snacks provided to eligible children. Free federal and state tax filing 2012 online For these purposes: A family daycare provider is a person engaged in the business of providing family daycare. Free federal and state tax filing 2012 online Family daycare is childcare provided to eligible children in the home of the family daycare provider. Free federal and state tax filing 2012 online The care must be non-medical, not involve a transfer of legal custody, and generally last less than 24 hours each day. Free federal and state tax filing 2012 online Eligible children are minor children receiving family daycare in the home of the family daycare provider. Free federal and state tax filing 2012 online Eligible children do not include children who are full-time or part-time residents in the home where the childcare is provided or children whose parents or guardians are residents of the same home. Free federal and state tax filing 2012 online Eligible children do not include children who receive daycare services for personal reasons of the provider. Free federal and state tax filing 2012 online For example, if a provider provides daycare services for a relative as a favor to that relative, that child is not an eligible child. Free federal and state tax filing 2012 online   You can compute the deductible cost of each meal and snack you actually purchased and served to an eligible child during the time period you provided family daycare using the standard meal and snack rates shown in Table 3, later. Free federal and state tax filing 2012 online You can use the standard meal and snack rates for a maximum of one breakfast, one lunch, one dinner, and three snacks per eligible child per day. Free federal and state tax filing 2012 online If you receive reimbursement for a particular meal or snack, you can deduct only the portion of the applicable standard meal or snack rate that is more than the amount of the reimbursement. Free federal and state tax filing 2012 online   You can use either the standard meal and snack rates or actual costs to calculate the deductible cost of food provided to eligible children in the family daycare for any particular tax year. Free federal and state tax filing 2012 online If you choose to use the standard meal and snack rates for a particular tax year, you must use the rates for all your deductible food costs for eligible children during that tax year. Free federal and state tax filing 2012 online However, if you use the standard meal and snack rates in any tax year, you can use actual costs to compute the deductible cost of food in any other tax year. Free federal and state tax filing 2012 online   If you use the standard meal and snack rates, you must maintain records to substantiate the computation of the total amount deducted for the cost of food provided to eligible children. Free federal and state tax filing 2012 online The records kept should include the name of each child, dates and hours of attendance in the daycare, and the type and quantity of meals and snacks served. Free federal and state tax filing 2012 online This information can be recorded in a log similar to the one shown in Exhibit A, near the end of this publication. Free federal and state tax filing 2012 online   The standard meal and snack rates include beverages, but do not include non-food supplies used for food preparation, service, or storage, such as containers, paper products, or utensils. Free federal and state tax filing 2012 online These expenses can be claimed as a separate deduction on your Schedule C (Form 1040). Free federal and state tax filing 2012 online     Table 3. Free federal and state tax filing 2012 online Standard Meal and Snack Rates1 Location of Family Daycare Provider Breakfast Lunch Dinner Snack States other than Alaska an
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Excise Tax

Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline. Excise taxes are often included in the price of the product. There are also excise taxes on activities, such as on wagering or on highway usage by trucks. Excise Tax has several general excise tax programs. One of the major components of the excise program is motor fuel.

Various Fuel Tax Credits Extended:

Here Are Special Instructions On How To Report
The American Taxpayer Relief Act, enacted Jan. 2, 2013, retroactively extends certain fuel tax credits that expired at the end of 2011. These include the biodiesel mixture credit, biodiesel credit, alternative fuel credit and alternative fuel mixture credit. Generally, eligible taxpayers can now claim these credits on their federal excise tax returns, and if the credits exceed their excise tax liability, the excess can be claimed as a refund or income tax credit. 

Indoor Tanning Service Providers Must File a Federal Excise Tax Return
Beginning July 1, 2010, indoor tanning services will be subject to a 10 percent excise tax under the Affordable Care Act. Filing your Excise Tax return.

Directors Directive on Announcement 2008-18, FET Compliance Initiative
This Directive provides guidance to examiners auditing taxpayers participating in the voluntary compliance initiative (Announcement 2008-18) regarding foreign insurance excise tax (FET) under IRC 4371- 4374.

Excise Summary Terminal Activity Reporting System (ExSTARS)
ExSTARS is a fuel reporting system developed with the cooperation of the IRS, Department of Transportation, states, and motor fuel industry, which details the movement of any product into or out of an IRS approved terminal. A facility control number (FCN) designates a storage location within the motor fuel, or renewable fuel production or the bulk transfer / terminal system. Information regarding the use of FCNs was made public by an announcement in the Federal Register on April 12, 2010.

Excise Tax Electronic Data Interchange (EDI) Guides (Pub. 3536)
Terminal Operators and Bulk Carriers refer to Publication 3536 for EDI filing requirements.

637 Registration Program
Under the Code and regulations, each person that engages in certain specified activities relating to excise tax must be registered by the IRS before engaging in that activity.

Online Form 637 Registration Status Check
This Web application provides the ability for businesses to confirm whether individuals/companies have a valid IRS registration.

Exemption From Excise Tax for Certain Wooden Arrows
On Friday, October 3, 2008, P.L. 110-343 (H.R. 1424), the Emergency Economic Stabilization Act of 2008 (Act), also known as the Tax Extenders and Alternative Minimum Tax Relief Act of 2008, was signed into law by the President. The Act includes a key provision in Title V, Section 503 that impacts the Archery federal excise tax.

Field Directive Federal Excise Tax on the Importation and Manufacture of Fishing and Archery Products
This updates the field directive that discusses the Federal Excise Tax on the importation and manufacture of fishing and archery products.

Idling Reduction Devices Exempt from 12% Retail Excise Tax
The Environmental Protection Agency's (EPA) list of devices that reduce highway tractor idling is now available. These devices may be exempt from the 12 percent retail excise tax provided they meet the criteria set forth in section 4053(9) of the Internal Revenue Code.

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The Free Federal And State Tax Filing 2012 Online

Free federal and state tax filing 2012 online 37. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online . Free federal and state tax filing 2012 online  El crédito máximo por adopción es $12,970 para el año 2013. Free federal and state tax filing 2012 online Vea Crédito por Adopción . Free federal and state tax filing 2012 online Crédito por vehículo electrónico enchufable. Free federal and state tax filing 2012 online  El crédito por vehículos electrónicos enchufables ha vencido. Free federal and state tax filing 2012 online Crédito reembolsable del impuesto mínimo de años anteriores. Free federal and state tax filing 2012 online   La parte reembolsable del crédito del impuesto mínimo alternativo de años anteriores ha vencido. Free federal and state tax filing 2012 online Retención en exceso de los impuestos al Seguro Social y a la jubilación ferroviaria. Free federal and state tax filing 2012 online . Free federal and state tax filing 2012 online  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. Free federal and state tax filing 2012 online 2% durante 2013. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Vea Crédito por Retención en Exceso del Impuesto del Seguro Social o deI Impuesto de la Jubilación Ferroviaria . Free federal and state tax filing 2012 online Introduction Este capítulo trata de los siguientes créditos no reembolsables: Crédito por adopción. Free federal and state tax filing 2012 online Crédito por vehículo motorizado alternativo. Free federal and state tax filing 2012 online Crédito por bienes de reabastecimiento de vehículos con combustible alternativo. Free federal and state tax filing 2012 online Crédito para titulares de bonos de crédito tributario. Free federal and state tax filing 2012 online Crédito por impuestos extranjeros. Free federal and state tax filing 2012 online Crédito por intereses hipotecarios. Free federal and state tax filing 2012 online Crédito no reembolsable del impuesto mínimo de años anteriores. Free federal and state tax filing 2012 online Crédito por vehículos enchufables con motor de dirección eléctrica. Free federal and state tax filing 2012 online Créditos por energía de la propiedad residencial. Free federal and state tax filing 2012 online Crédito por aportaciones a arreglos de ahorros para la jubilación. Free federal and state tax filing 2012 online Este capítulo trata también de los siguientes créditos reembolsables: Crédito por el impuesto sobre ganancias de capital no distribuidas. Free federal and state tax filing 2012 online Crédito tributario por cobertura del seguro médico. Free federal and state tax filing 2012 online Crédito por retención en exceso del impuesto del Seguro Social o del impuesto de la jubilación ferroviaria. Free federal and state tax filing 2012 online En otros capítulos de esta publicación, se explican otros créditos. Free federal and state tax filing 2012 online Crédito por gastos del cuidado de menores y dependientes (capítulo 32). Free federal and state tax filing 2012 online Crédito para ancianos o personas incapacitadas (capítulo 33). Free federal and state tax filing 2012 online Crédito tributario por hijos (capítulo 34). Free federal and state tax filing 2012 online Créditos tributarios por estudios (capítulo 35). Free federal and state tax filing 2012 online Crédito por ingreso del trabajo (capítulo 36). Free federal and state tax filing 2012 online Créditos no reembolsables. Free federal and state tax filing 2012 online   La primera parte de este capítulo, Créditos no Reembolsables , abarca diez créditos que se restan de sus impuestos. Free federal and state tax filing 2012 online Puede ser que estos créditos reduzcan los impuestos a cero. Free federal and state tax filing 2012 online Si estos créditos superan el total de sus impuestos, no se le devuelve el excedente. Free federal and state tax filing 2012 online Créditos reembolsables. Free federal and state tax filing 2012 online   La segunda parte de este capítulo, Créditos Reembolsables , abarca tres créditos que se consideran pagos y que le pueden ser reembolsados. Free federal and state tax filing 2012 online Estos créditos se agregan a los impuestos federales sobre el ingreso retenidos y todo pago de impuesto estimado que haya hecho. Free federal and state tax filing 2012 online Si el total de éstos es superior al total de los impuestos, se le reembolsará el excedente. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online No obstante, si el total de estos créditos supera el total de sus impuestos, no se le devuelve el excedente. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online El crédito podría permitirse en el caso de la adopción de un niño con necesidades especiales aunque usted no tenga gastos calificados. Free federal and state tax filing 2012 online El crédito se reduce si tiene ingresos brutos modificados (MAGI, por sus siglas en inglés) mayores de $194,580. Free federal and state tax filing 2012 online Si tiene ingresos brutos modificados iguales o mayores de $234,580 no puede reclamar el crédito. Free federal and state tax filing 2012 online Gastos de adopción calificados. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Gastos no calificados. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Hijo que reúne los requisitos. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Hijo con necesidades especiales. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online UU. Free federal and state tax filing 2012 online ) al iniciarse los trámites de adopción. Free federal and state tax filing 2012 online Un estado (incluido el Distrito de Columbia) ha determinado que el hijo no puede o no debe ser devuelto al hogar de sus padres. Free federal and state tax filing 2012 online El estado ha decidido que el hijo no puede ser adoptado a no ser que se les proporcione ayuda a los padres adoptivos. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Cuándo reclamar el crédito. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Si se concluye el proceso de adopción, reclame el crédito en el año en el que se hayan ocasionado o pagado los gastos. Free federal and state tax filing 2012 online Vea las Instrucciones del Formulario 8839 para más información sobre cuándo se debe reclamar el crédito. Free federal and state tax filing 2012 online Hijo extranjero. Free federal and state tax filing 2012 online   Si el hijo no es ciudadano o residente de los EE. Free federal and state tax filing 2012 online UU. Free federal and state tax filing 2012 online al empezar los trámites de adopción, usted no puede reclamar el crédito a menos que concluya el proceso de adopción. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Incluya el crédito en el total de la línea 53 del Formulario 1040. Free federal and state tax filing 2012 online Marque la casilla c y anote “8839” en la línea que se encuentra junto a esa casilla. Free federal and state tax filing 2012 online Más información. Free federal and state tax filing 2012 online   Para información adicional, vea las Instrucciones del Formulario 8839, en inglés. Free federal and state tax filing 2012 online Crédito por Vehículo Motorizado Alternativo Quizás pueda reclamar este crédito si pone en uso un vehículo motorizado de pila de combustible calificado en 2013. Free federal and state tax filing 2012 online Cantidad del crédito. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Si se trata de un fabricante extranjero, por lo general, puede basarse en la certificación de su distribuidor nacional al IRS. Free federal and state tax filing 2012 online    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). Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Para tomar el crédito, tiene que completar el Formulario 8910 y adjuntarlo al Formulario 1040. Free federal and state tax filing 2012 online Incluya el crédito en el total de la línea 53 del Formulario 1040. Free federal and state tax filing 2012 online Marque el recuadro c y anote “8910” en la línea al lado de dicho recuadro. Free federal and state tax filing 2012 online Información adicional. Free federal and state tax filing 2012 online   Para más información sobre el crédito, vea las Instrucciones del Formulario 8910. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Bienes de reabastecimiento de vehículos de combustible alternativo calificados. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Para recargar un vehículo eléctrico, pero sólo si la propiedad de recarga se encuentra en el lugar donde se recarga el vehículo. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Electricidad. Free federal and state tax filing 2012 online Cantidad del crédito. Free federal and state tax filing 2012 online   Para bienes de uso personal, el crédito suele ser la cantidad menor entre el 30% del costo de dichos bienes o $1,000. Free federal and state tax filing 2012 online Para bienes de uso comercial, el crédito suele ser la cantidad menor entre el 30% del costo de dichos bienes o $30,000. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Para tomar el crédito, tiene que completar el Formulario 8911 y adjuntarlo al Formulario 1040. Free federal and state tax filing 2012 online Incluya el crédito en el total de la línea 53 del Formulario 1040. Free federal and state tax filing 2012 online Marque el recuadro c y anote “8911” en la línea al lado de dicho recuadro. Free federal and state tax filing 2012 online Información adicional. Free federal and state tax filing 2012 online   Para más información sobre el crédito, vea las instrucciones del Formulario 8911, en inglés. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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). Free federal and state tax filing 2012 online Bonos de energía limpia y renovable nuevos. Free federal and state tax filing 2012 online Bonos calificados de ahorro de energía. Free federal and state tax filing 2012 online Bonos calificados de construcción de escuelas. Free federal and state tax filing 2012 online Bonos para zonas de academia calificadas. Free federal and state tax filing 2012 online Bonos de construcción de proyectos públicos en los Estados Unidos (Bonos Build America). Free federal and state tax filing 2012 online En algunos casos, un emisor puede optar por recibir un crédito correspondiente a los intereses pagados sobre el bono. Free federal and state tax filing 2012 online Si el emisor elige esta opción, usted no puede también reclamar un crédito. Free federal and state tax filing 2012 online Ingresos procedentes de intereses. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Complete el Formulario 8912 y adjúntelo al Formulario 1040. Free federal and state tax filing 2012 online Incluya el crédito en el total de la línea 53 del Formulario 1040. Free federal and state tax filing 2012 online Marque el recuadro c y anote “8912” en la línea al lado de dicho recuadro. Free federal and state tax filing 2012 online Información adicional. Free federal and state tax filing 2012 online   Para más información, vea las Instrucciones del Formulario 8912, en inglés. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online O puede deducirlos como una deducción detallada (vea el capítulo 22). Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online UU. Free federal and state tax filing 2012 online en los siguientes casos: Exclusión de ingresos ganados de fuentes en el extranjero. Free federal and state tax filing 2012 online Exclusión por concepto de vivienda en el extranjero. Free federal and state tax filing 2012 online Ingresos de fuentes en Puerto Rico exentos de impuestos de los Estados Unidos. Free federal and state tax filing 2012 online Exclusión en las posesiones (territorios no autónomos) de los Estados Unidos. Free federal and state tax filing 2012 online Límite del crédito. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online El numerador de esta fracción será los ingresos tributables de fuentes fuera de los Estados Unidos. Free federal and state tax filing 2012 online El denominador será el total de los ingresos tributables de fuentes en los Estados Unidos y en el extranjero. Free federal and state tax filing 2012 online Vea la Publicación 514, en inglés, para más información. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Complete el Formulario 1116 y adjúntelo al Formulario 1040. Free federal and state tax filing 2012 online Anote el crédito en la línea 47 del Formulario 1040. Free federal and state tax filing 2012 online Excepción. Free federal and state tax filing 2012 online   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). Free federal and state tax filing 2012 online Si usted tuvo ingreso de dividendos provenientes de participación en acciones, usted mantuvo en tenencia dichas acciones por lo menos 16 dias. Free federal and state tax filing 2012 online No está presentando el Formulario 4563 ni excluyendo ingresos provenientes de fuentes en Puerto Rico. Free federal and state tax filing 2012 online El total de los impuestos extranjeros no era superior a $300 ($600 si es casado que presenta una declaración conjunta). Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Más información. Free federal and state tax filing 2012 online   Para información más detallada acerca del crédito y estos requisitos, vea las Instrucciones del Formulario 1116, en inglés. Free federal and state tax filing 2012 online Crédito por Intereses Hipotecarios El crédito por intereses hipotecarios tiene la finalidad de ayudar a personas de bajos recursos a comprar una vivienda. Free federal and state tax filing 2012 online Si reúne los requisitos, puede reclamar el crédito cada año para una parte de los intereses hipotecarios de vivienda que pague. Free federal and state tax filing 2012 online Quién reúne los requisitos. Free federal and state tax filing 2012 online   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). Free federal and state tax filing 2012 online Generalmente, un MCC se emite sólo en relación con una nueva hipoteca para la compra de su vivienda principal. Free federal and state tax filing 2012 online Cantidad del crédito. Free federal and state tax filing 2012 online   Calcule su crédito en el Formulario 8396. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online      Cantidad adeudada confirmada que aparece en el MCC     Cantidad original de la hipoteca      Límite basado en la tasa de crédito. Free federal and state tax filing 2012 online   Si la tasa de crédito del certificado es superior al 20%, el crédito que se le permita no puede sobrepasar $2,000. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Vea la Publicación 530, en inglés, para información adicional. Free federal and state tax filing 2012 online Traspasos a un año posterior. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online   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). Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online    Calcule el crédito de 2013, y toda cantidad que se haya traspasado a 2014, en el Formulario 8396 y adjúntelo al Formulario 1040. Free federal and state tax filing 2012 online Cerciórese de incluir todo crédito traspasado, correspondiente a 2010, 2011 y 2012. Free federal and state tax filing 2012 online   Incluya el crédito en el total de la línea 53 del Formulario 1040. Free federal and state tax filing 2012 online Marque el recuadro c y escriba “8396” en la línea al lado de dicho recuadro. Free federal and state tax filing 2012 online Reducción de la deducción por intereses sobre una hipoteca de vivienda. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Tiene que hacerlo aunque parte de dicha cantidad se traspase a 2014. Free federal and state tax filing 2012 online Para más información sobre la deducción por intereses sobre una hipoteca de vivienda, vea el capítulo 23. Free federal and state tax filing 2012 online Recuperación del subsidio hipotecario federal. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Vea las Instrucciones para el Formulario 8828, disponibles en inglés, y el capítulo 15 para más información. Free federal and state tax filing 2012 online Más información. Free federal and state tax filing 2012 online   Para información más detallada acerca del crédito, vea las instrucciones del Formulario 8396, en inglés. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online A esto se le llama impuesto mínimo alternativo (AMT, por sus siglas en inglés). Free federal and state tax filing 2012 online El trato especial de ciertas partidas de ingresos y gastos sólo le permite aplazar el pago de los impuestos hasta un año posterior. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online    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. Free federal and state tax filing 2012 online Incluya el crédito en el total de la línea 53 del Formulario 1040 y marque el recuadro b. Free federal and state tax filing 2012 online Puede traspasar a años posteriores, hasta agotarlo, todo crédito del impuesto mínimo de años anteriores que no se haya utilizado. Free federal and state tax filing 2012 online Información adicional. Free federal and state tax filing 2012 online   Para más información sobre el crédito, vea las Instrucciones del Formulario 8801, en inglés. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Vehículos enchufables con motor de dirección eléctrica y que reúnen los requisitos. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Vehículos eléctricos enchufables de dos o tres ruedas que reúnen los requisitos. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online   También tiene que cumplir los requisitos siguientes para calificar para el crédito: Usted es el dueño del vehículo. Free federal and state tax filing 2012 online Si el vehículo es arrendado, sólo el arrendador, y no el arrendatario, tiene derecho al crédito. Free federal and state tax filing 2012 online El vehículo fue puesto en servicio en 2013. Free federal and state tax filing 2012 online El vehículo es fabricado principalmente para uso en calles, caminos y carreteras públicas. Free federal and state tax filing 2012 online El uso original del vehículo comenzó con usted. Free federal and state tax filing 2012 online Adquirió el vehículo para utilizarlo usted mismo o para el arrendamiento a un tercero y no para revenderlo. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Utiliza el vehículo principalmente en los Estados Unidos. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Para tomar el crédito, tiene que completar el Formulario 8936 y adjuntarlo a su Formulario 1040. Free federal and state tax filing 2012 online Incluya el crédito en el total de la línea 53 del Formulario 1040. Free federal and state tax filing 2012 online Marque el recuadro c y anote “8936” en la línea al lado de dicho recuadro. Free federal and state tax filing 2012 online    Más información. Free federal and state tax filing 2012 online   Para más información acerca del crédito, vea las instrucciones del Formulario 8936, en inglés. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Crédito tributario por energía de la propiedad no empresarial. Free federal and state tax filing 2012 online Crédito de eficiencia energética para propiedades residenciales. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Crédito tributario por energía de la propiedad no empresarial. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Ventanas exteriores (incluidos tragaluces). Free federal and state tax filing 2012 online Puertas exteriores. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Determinados ventiladores de circulación de aire principal avanzados que sean componentes de las calderas de gas natural, propano o petróleo. Free federal and state tax filing 2012 online Crédito por energía eficaz de la propiedad residencial. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Reducción en la base. Free federal and state tax filing 2012 online   Tiene que reducir la base de su vivienda por la cantidad de todo crédito permitido. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Complete el Formulario 5695 y adjúntelo al Formulario 1040. Free federal and state tax filing 2012 online Anote el crédito en la línea 52 del Formulario 1040. Free federal and state tax filing 2012 online Información adicional. Free federal and state tax filing 2012 online   Para más información sobre estos créditos, vea las instrucciones del Formulario 5695, en inglés. Free federal and state tax filing 2012 online 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). Free federal and state tax filing 2012 online 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). Free federal and state tax filing 2012 online 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). Free federal and state tax filing 2012 online Estudiante. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Escuela. Free federal and state tax filing 2012 online   El término “escuela” abarca escuelas politécnicas, profesionales e industriales. Free federal and state tax filing 2012 online Una escuela no incluye un curso de capacitación en el trabajo, escuela por correspondencia, ni escuelas que ofrecen cursos sólo por Internet. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Calcule el crédito en el Formulario 8880. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Más información. Free federal and state tax filing 2012 online   Para más información sobre el crédito, vea las instrucciones del Formulario 8880, disponibles en inglés. Free federal and state tax filing 2012 online Créditos Reembolsables Los créditos explicados en esta parte del capítulo se tratan como pagos de impuestos. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Para reclamar el crédito, adjunte la Copia B del Formulario 2439 a su Formulario 1040. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Más información. Free federal and state tax filing 2012 online   Vea Distribuciones de Ganancias de Capital , en el capítulo 8 para más información sobre ganancias de capital no distribuidas. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online S. Free federal and state tax filing 2012 online Treasury— HCTC (Tesoro de los Estados Unidos, Crédito por cobertura del seguro médico). Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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)). Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online UU. Free federal and state tax filing 2012 online (conocido en inglés como TRICARE). Free federal and state tax filing 2012 online No estaba encarcelado por las autoridades federales, estatales o locales. Free federal and state tax filing 2012 online Su empleador no pagó el 50% o más del costo de la cobertura. Free federal and state tax filing 2012 online No recibió una reducción del 65% de una prima de COBRA de parte de su antiguo empleador o administrador de COBRA. Free federal and state tax filing 2012 online Sin embargo, no puede tomar el crédito si otra persona lo puede reclamar a usted como dependiente en su declaración de impuestos de 2013. Free federal and state tax filing 2012 online Si cumple todas estas condiciones, tal vez pueda tomar un crédito de hasta el 72. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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). Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Beneficiarios de la TAA. Free federal and state tax filing 2012 online   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). Free federal and state tax filing 2012 online Ejemplo. Free federal and state tax filing 2012 online   Recibió una asignación por ajuste comercial para el mes de enero de 2013. Free federal and state tax filing 2012 online Tenía derecho a recibir la TAA el primer día de enero y febrero. Free federal and state tax filing 2012 online Beneficiarios de la alternativa TAA. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Ejemplo. Free federal and state tax filing 2012 online   Recibió beneficios conforme a un programa de asistencia alternativa de ajuste comercial para empleados mayores de edad para el mes de octubre de 2013. Free federal and state tax filing 2012 online El Departamento de Trabajo estableció el programa. Free federal and state tax filing 2012 online Tenía derecho como beneficiario a recibir la alternativa TAA el primer día de octubre y noviembre. Free federal and state tax filing 2012 online Beneficiarios de la RTAA. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Beneficiarios de una pensión de la PBGC. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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). Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Para tomar el crédito, tiene que completar el Formulario 8885 y adjuntarlo al Formulario 1040. Free federal and state tax filing 2012 online Incluya el crédito en el total de la línea 71 del Formulario 1040 y marque el recuadro c. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Para información adicional, vea la Publicación 502 o el Formulario 8885, ambos en inglés. Free federal and state tax filing 2012 online Más información. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Si trabajó para dos o más empleadores en 2013, es posible que hayan retenido de su salario demasiado impuesto del Seguro Social. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 2%. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 45%) o al a tasa impositiva del Impuesto Adicional del Medicare (0. Free federal and state tax filing 2012 online 9%). Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online 40 RRTA de nivel 2 $84,300 $3,709. Free federal and state tax filing 2012 online 20 Todo salario está sujeto a la retención de impuestos al Medicare. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online Cerciórese de adjuntar una copia de todos los Formularios W-2 que tenga. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Error del empleador. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online El empleador debe ajustarle los impuestos. Free federal and state tax filing 2012 online Si el empleador no ajusta la recaudación en exceso, puede solicitar un reembolso utilizando el Formulario 843. Free federal and state tax filing 2012 online Declaración conjunta. Free federal and state tax filing 2012 online   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. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Cómo calcular el crédito si no trabajó para una empresa ferroviaria. Free federal and state tax filing 2012 online   Si no trabajó para una empresa ferroviaria en 2013, calcule el crédito de la siguiente forma: 1. Free federal and state tax filing 2012 online Sume todos los impuestos del Seguro Social retenidos (pero no más de $7,049. Free federal and state tax filing 2012 online 40 por cada empleador). Free federal and state tax filing 2012 online Anote el total aquí   2. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Sume las líneas 1 y 2. Free federal and state tax filing 2012 online Si el total es $7,049. Free federal and state tax filing 2012 online 40 o menos, no siga. Free federal and state tax filing 2012 online No puede reclamar el crédito   4. Free federal and state tax filing 2012 online Límite sobre los impuestos del Seguro Social 7,049. Free federal and state tax filing 2012 online 40 5. Free federal and state tax filing 2012 online Crédito. Free federal and state tax filing 2012 online De la línea 3, reste la línea 4. Free federal and state tax filing 2012 online Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $ Ejemplo. Free federal and state tax filing 2012 online Está casado y presenta una declaración conjunta con su cónyuge quien no recibió ingresos brutos en 2013. Free federal and state tax filing 2012 online Durante 2013, usted trabajó para la empresa Brown Technology Company y ganó un salario de $60,000. Free federal and state tax filing 2012 online Le retuvieron impuestos del Seguro Social de $3,720. Free federal and state tax filing 2012 online También trabajó para otro empleador en 2013 y ganó un salario de $55,000. Free federal and state tax filing 2012 online De dicho salario, le retuvieron $3,410 de impuestos del Seguro Social. Free federal and state tax filing 2012 online Como trabajó para más de un empleador y el total de su salario superó los $113,700, puede tomar un crédito de $80. Free federal and state tax filing 2012 online 60 por los impuestos del Seguro Social retenidos en exceso. Free federal and state tax filing 2012 online 1. Free federal and state tax filing 2012 online Sume todo impuesto del Seguro Social retenido (pero no más de $7,049. Free federal and state tax filing 2012 online 40 por cada empleador). Free federal and state tax filing 2012 online Anote el total aquí $7,130. Free federal and state tax filing 2012 online 00 2. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Sume las líneas 1 y 2. Free federal and state tax filing 2012 online Si el total es $7,049. Free federal and state tax filing 2012 online 40 o menos, no siga. Free federal and state tax filing 2012 online No puede reclamar el crédito 7,130. Free federal and state tax filing 2012 online 00 4. Free federal and state tax filing 2012 online Límite sobre los impuestos del Seguro Social 7,049. Free federal and state tax filing 2012 online 40 5. Free federal and state tax filing 2012 online Crédito. Free federal and state tax filing 2012 online De la línea 3, reste la línea 4. Free federal and state tax filing 2012 online Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $80. Free federal and state tax filing 2012 online 60 Cómo calcular el crédito si trabajó para una empresa ferroviaria. Free federal and state tax filing 2012 online   Si fue empleado ferroviario en algún momento durante 2013, calcule el crédito de la siguiente forma: 1. Free federal and state tax filing 2012 online Sume todos los impuestos del Seguro Social y de la jubilación ferroviaria de nivel 1 retenidos a la tasa de 6. Free federal and state tax filing 2012 online 2% (pero no más de $7,049. Free federal and state tax filing 2012 online 40 por cada empleador). Free federal and state tax filing 2012 online Anote el total aquí   2. Free federal and state tax filing 2012 online 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. Free federal and state tax filing 2012 online Sume las líneas 1 y 2. Free federal and state tax filing 2012 online Si el total es $7,049. Free federal and state tax filing 2012 online 40 o menos, no siga. Free federal and state tax filing 2012 online No puede reclamar el crédito   4. Free federal and state tax filing 2012 online Límite sobre los impuestos del Seguro Social y de la jubilación ferroviaria de nivel 1 7,049. Free federal and state tax filing 2012 online 40 5. Free federal and state tax filing 2012 online Crédito. Free federal and state tax filing 2012 online De la línea 3, reste la línea 4. Free federal and state tax filing 2012 online Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $ Cómo reclamar el crédito. Free federal and state tax filing 2012 online   Anote el crédito en la línea 69 del Formulario 1040 o inclúyalo en el total de la línea 41 del Formulario 1040A. Free federal and state tax filing 2012 online Más información. Free federal and state tax filing 2012 online   Para información adicional sobre el crédito, vea la Publicación 505, en inglés. Free federal and state tax filing 2012 online Prev  Up  Next   Home   More Online Publications