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How To Amend Federal Tax Return

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How To Amend Federal Tax Return

How to amend federal tax return Publication 4492 - Main Contents Table of Contents DefinitionsHurricane Katrina Disaster Area Katrina Covered Disaster Area Gulf Opportunity (GO) Zone (Core Disaster Area) Hurricane Rita Disaster Area (Rita Covered Disaster Area) Rita GO Zone Hurricane Wilma Disaster Area Wilma Covered Disaster Area Wilma GO Zone Extended Tax Deadlines Charitable Giving IncentivesTemporary Suspension of Limits on Charitable Contributions Standard Mileage Rate for Charitable Use of Vehicles Mileage Reimbursements to Charitable Volunteers Charitable Deduction for Contributions of Food Inventory Charitable Deduction for Contributions of Book Inventories to Public Schools Casualty and Theft LossesTime limit for making election. How to amend federal tax return Replacement Period for Nonrecognition of Gain Net Operating Losses IRAs and Other Retirement PlansDefinitions Taxation of Qualified Hurricane Distributions Repayment of Qualified Hurricane Distributions Repayment of Qualified Distributions for the Purchase or Construction of a Main Home Loans From Qualified Plans Additional Tax Relief for IndividualsEarned Income Credit and Child Tax Credit Additional Exemption for Housing Individuals Displaced by Hurricane Katrina Education Credits Recapture of Federal Mortgage Subsidy Exclusion of Certain Cancellations of Indebtedness by Reason of Hurricane Katrina Tax Relief for Temporary Relocation Additional Tax Relief for BusinessesSpecial Depreciation Allowance Increased Section 179 Deduction Work Opportunity Credit Employee Retention Credit Hurricane Katrina Housing Credit Reforestation Costs Demolition and Clean-up Costs Increase in Rehabilitation Tax Credit Request for Copy or Transcript of Tax Return How To Get Tax Help Definitions The following definitions are used throughout this publication. How to amend federal tax return Hurricane Katrina Disaster Area The Hurricane Katrina disaster area covers the area for which the President declared a major disaster before September 14, 2005, because of Hurricane Katrina. How to amend federal tax return The Hurricane Katrina disaster area covers the entire states of Alabama, Florida, Louisiana, and Mississippi. How to amend federal tax return Katrina Covered Disaster Area A portion of the Hurricane Katrina disaster area has been designated by the IRS as a covered disaster area. How to amend federal tax return The Katrina covered disaster area covers the following areas in four states. How to amend federal tax return Alabama. How to amend federal tax return   The counties of Baldwin, Bibb, Choctaw, Clarke, Colbert, Cullman, Greene, Hale, Jefferson, Lamar, Lauderdale, Marengo, Marion, Mobile, Monroe, Perry, Pickens, Sumter, Tuscaloosa, Washington, Wilcox, and Winston. How to amend federal tax return Florida. How to amend federal tax return   The counties of Bay, Broward, Collier, Escambia, Franklin, Gulf, Miami-Dade, Monroe, Okaloosa, Santa Rosa, and Walton. How to amend federal tax return Louisiana. How to amend federal tax return   All parishes. How to amend federal tax return Mississippi. How to amend federal tax return   All counties. How to amend federal tax return Gulf Opportunity (GO) Zone (Core Disaster Area) The GO Zone (also called the core disaster area) covers the portion of the Hurricane Katrina disaster area determined by the Federal Emergency Management Agency (FEMA) to be eligible for either individual only or both individual and public assistance from the Federal Government. How to amend federal tax return The GO Zone covers the following areas in three states. How to amend federal tax return Alabama. How to amend federal tax return   The counties of Baldwin, Choctaw, Clarke, Greene, Hale, Marengo, Mobile, Pickens, Sumter, Tuscaloosa, and Washington. How to amend federal tax return Louisiana. How to amend federal tax return   The parishes of Acadia, Ascension, Assumption, Calcasieu, Cameron, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Jefferson Davis, Lafayette, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. How to amend federal tax return Bernard, St. How to amend federal tax return Charles, St. How to amend federal tax return Helena, St. How to amend federal tax return James, St. How to amend federal tax return John the Baptist, St. How to amend federal tax return Martin, St. How to amend federal tax return Mary, St. How to amend federal tax return Tammany, Tangipahoa, Terrebonne, Vermilion, Washington, West Baton Rouge, and West Feliciana. How to amend federal tax return Mississippi. How to amend federal tax return   The counties of Adams, Amite, Attala, Choctaw, Claiborne, Clarke, Copiah, Covington, Forrest, Franklin, George, Greene, Hancock, Harrison, Hinds, Holmes, Humphreys, Jackson, Jasper, Jefferson, Jefferson Davis, Jones, Kemper, Lamar, Lauderdale, Lawrence, Leake, Lincoln, Lowndes, Madison, Marion, Neshoba, Newton, Noxubee, Oktibbeha, Pearl River, Perry, Pike, Rankin, Scott, Simpson, Smith, Stone, Walthall, Warren, Wayne, Wilkinson, Winston, and Yazoo. How to amend federal tax return Hurricane Rita Disaster Area (Rita Covered Disaster Area) The Hurricane Rita disaster area (also designated by the IRS as the Rita covered disaster area) covers the area for which the President declared a major disaster before October 6, 2005, because of Hurricane Rita. How to amend federal tax return This area covers the entire states of Louisiana and Texas. How to amend federal tax return Rita GO Zone The Rita GO Zone covers the portion of the Hurricane Rita disaster area determined by FEMA to be eligible for either individual only or both individual and public assistance from the Federal Government. How to amend federal tax return The Rita GO Zone covers the following areas in two states. How to amend federal tax return Louisiana. How to amend federal tax return   The parishes of Acadia, Allen, Ascension, Beauregard, Calcasieu, Cameron, Evangeline, Iberia, Jefferson, Jefferson Davis, Lafayette, Lafourche, Livingston, Plaquemines, Sabine, St. How to amend federal tax return Landry, St. How to amend federal tax return Martin, St. How to amend federal tax return Mary, St. How to amend federal tax return Tammany, Terrebonne, Vermilion, Vernon, and West Baton Rouge. How to amend federal tax return Texas. How to amend federal tax return   The counties of Angelina, Brazoria, Chambers, Fort Bend, Galveston, Hardin, Harris, Jasper, Jefferson, Liberty, Montgomery, Nacogdoches, Newton, Orange, Polk, Sabine, San Augustine, San Jacinto, Shelby, Trinity, Tyler, and Walker. How to amend federal tax return Hurricane Wilma Disaster Area The Hurricane Wilma disaster area covers the area for which the President declared a major disaster before November 14, 2005, because of Hurricane Wilma. How to amend federal tax return The Hurricane Wilma disaster area covers the entire state of Florida. How to amend federal tax return Wilma Covered Disaster Area A portion of the Hurricane Wilma disaster area has been designated by the IRS as a covered disaster area. How to amend federal tax return The Wilma covered disaster area covers the following counties. How to amend federal tax return Florida. How to amend federal tax return   Brevard, Broward, Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, Indian River, Lee, Martin, Miami-Dade, Monroe, Okeechobee, Osceola, Palm Beach, Polk, St. How to amend federal tax return Lucie, and Sarasota. How to amend federal tax return Wilma GO Zone The Wilma GO Zone covers the portion of the Hurricane Wilma disaster area determined by FEMA to be eligible for either individual only or both individual and public assistance from the Federal Government. How to amend federal tax return The Wilma GO Zone covers the following counties. How to amend federal tax return Florida. How to amend federal tax return   Brevard, Broward, Collier, Glades, Hendry, Indian River, Lee, Martin, Miami-Dade, Monroe, Okeechobee, Palm Beach, and St. How to amend federal tax return Lucie. How to amend federal tax return Extended Tax Deadlines The IRS has extended deadlines that apply to filing returns, paying taxes, and performing certain other time-sensitive acts for certain taxpayers affected by Hurricane Katrina, Rita, or Wilma, until February 28, 2006. How to amend federal tax return The extension applies to deadlines (either an original or extended due date) that occur during the following periods. How to amend federal tax return After August 28, 2005 (August 23, 2005, for Florida affected taxpayers), and before February 28, 2006, for taxpayers affected by Hurricane Katrina. How to amend federal tax return After September 22, 2005, and before February 28, 2006, for taxpayers affected by Hurricane Rita. How to amend federal tax return After October 22, 2005, and before February 28, 2006, for taxpayers affected by Hurricane Wilma. How to amend federal tax return Affected taxpayer. How to amend federal tax return   The following taxpayers are eligible for the extension. How to amend federal tax return Any individual whose main home is located in a covered disaster area. How to amend federal tax return Any business entity or sole proprietor whose principal place of business is located in a covered disaster area. How to amend federal tax return Any individual, business entity, or sole proprietor whose records needed to meet a postponed deadline are maintained or whose tax professional's office is in a covered disaster area. How to amend federal tax return The main home or principal place of business does not have to be located in the covered area. How to amend federal tax return Any individual visiting a county or parish in the Hurricane Katrina or Hurricane Rita covered disaster area that was injured or killed (and the estate of an individual killed) as a result of the hurricane or its aftermath. How to amend federal tax return Any estate or trust whose tax records needed to meet a filing or payment deadline are maintained in a covered disaster area. How to amend federal tax return Generally, any individual who is a worker assisting in the relief activities in a covered disaster area. How to amend federal tax return However, a relief worker assisting in the Wilma covered disaster area is not an affected taxpayer unless the worker is affiliated with a recognized government or philanthropic organization assisting in the relief activities. How to amend federal tax return The spouse of an affected taxpayer, solely with regard to a joint income tax return with that taxpayer. How to amend federal tax return   To ensure correct processing, affected taxpayers should write the assigned disaster designation (for example, “Hurricane Katrina”) in red ink at the top of any forms or documents filed with the IRS. How to amend federal tax return Affected taxpayers can also identify themselves to the IRS or ask hurricane-related questions by calling the special IRS disaster hotline at 1-866-562-5227. How to amend federal tax return Acts extended. How to amend federal tax return   Deadlines for performing the following acts are extended. How to amend federal tax return Filing any return of income, estate, gift, generation-skipping transfer, excise, or employment tax. How to amend federal tax return Paying any income, estate, gift, generation-skipping transfer, excise, or employment tax. How to amend federal tax return This includes making estimated tax payments. How to amend federal tax return Making certain contributions, distributions, recharacterizing contributions, or making a rollover to or from a qualified retirement plan. How to amend federal tax return Filing certain petitions with the Tax Court. How to amend federal tax return Filing a claim for credit or refund of any tax. How to amend federal tax return Bringing suit upon a claim for credit or refund. How to amend federal tax return Certain other acts described in Revenue Procedure 2005-27. How to amend federal tax return You can find Revenue Procedure 2005-27 on page 1050 of Internal Revenue Bulletin 2005-20 at www. How to amend federal tax return irs. How to amend federal tax return gov/pub/irs-irbs/irb05-20. How to amend federal tax return pdf. How to amend federal tax return Forgiveness of interest and penalties. How to amend federal tax return   The IRS may forgive the interest and penalties on any underpaid income, estate, gift, employment, or excise tax for the length of any extension. How to amend federal tax return Charitable Giving Incentives Temporary Suspension of Limits on Charitable Contributions Individuals. How to amend federal tax return   Qualified contributions are not subject to the overall limit on itemized deductions or the 50% adjusted gross income (AGI) limit. How to amend federal tax return A qualified contribution is a charitable contribution paid in cash or by check after August 27, 2005, and before January 1, 2006, to a 50% limit organization (other than certain private foundations described in section 509(a)(3)) if you make an election to have the 50% limit not apply to these contributions. How to amend federal tax return   Your deduction for qualified contributions is limited to your AGI minus your deduction for all other charitable contributions. How to amend federal tax return You can carry over any contributions you are not able to deduct for 2005 because of this limit. How to amend federal tax return In 2006, treat the carryover of your unused qualified contributions as a carryover of contributions subject to the 50% limit. How to amend federal tax return Exception. How to amend federal tax return   Qualified contributions do not include a contribution to a segregated fund or account for which you (or any person you appoint or designate) have or expect to have advisory privileges with respect to distributions or investments based on your contribution. How to amend federal tax return Corporations. How to amend federal tax return   A corporation may elect to deduct qualified cash contributions without regard to the 10% taxable income limit if the contributions were made after August 27, 2005, and before January 1, 2006, to a qualified charitable organization (other than certain private foundations described in section 509(a)(3)), for Hurricane Katrina, Rita, or Wilma relief efforts. How to amend federal tax return The corporation's deduction for these qualified contributions is limited to 100% of taxable income (as modified for the 10% limit) minus the corporation's deduction for all other charitable contributions. How to amend federal tax return Any qualified contributions over this limit can be carried over to the next 5 years, subject to the 10% limit. How to amend federal tax return Partners and shareholders. How to amend federal tax return   Each partner in a partnership and each shareholder in an S corporation makes a separate election to have the appropriate limit not apply. How to amend federal tax return More information. How to amend federal tax return   For more information, see Publication 526 or Publication 542, Corporations. How to amend federal tax return Publication 526 includes a worksheet you can use to figure your deduction if any limits apply to your charitable contributions. How to amend federal tax return Standard Mileage Rate for Charitable Use of Vehicles The following are special standard mileage rates in effect in 2005 and 2006 for the cost of operating your automobile for providing charitable services solely related to Hurricane Katrina. How to amend federal tax return 29 cents per mile for the period August 25 through August 31, 2005. How to amend federal tax return 34 cents per mile for the period September 1 through December 31, 2005. How to amend federal tax return 32 cents per mile for the period January 1 through December 31, 2006. How to amend federal tax return Mileage Reimbursements to Charitable Volunteers You can exclude from income amounts you receive as mileage reimbursements for the use of a private passenger automobile for the benefit of a qualified charitable organization in providing relief related to Hurricane Katrina during the period beginning on August 25, 2005, and ending on December 31, 2006. How to amend federal tax return You cannot claim a deduction or credit for amounts you receive as a mileage reimbursement. How to amend federal tax return You must keep records of miles driven, time, place (or use), and purpose of the mileage. How to amend federal tax return The amount you can exclude from income cannot exceed the standard business mileage rate (shown below) for expenses incurred during the following periods. How to amend federal tax return 40. How to amend federal tax return 5 cents per mile for the period August 25 through August 31, 2005. How to amend federal tax return 48. How to amend federal tax return 5 cents per mile for the period September 1 through December 31, 2005. How to amend federal tax return 44. How to amend federal tax return 5 cents per mile for the period January 1 through December 31, 2006. How to amend federal tax return Charitable Deduction for Contributions of Food Inventory Any taxpayer engaged in a trade or business is eligible to claim a deduction for a contribution of “apparently wholesome food” inventory to a qualified charitable organization described in section 501(c)(3) (except for private nonoperating foundations) after August 27, 2005, and before January 1, 2006. How to amend federal tax return “Apparently wholesome food” is food that meets all quality and labeling standards imposed by federal, state, and local laws and regulations even though the food may not be readily marketable due to appearance, age, freshness, grade, size, surplus, or other conditions. How to amend federal tax return The deduction is equal to the lesser of: The basis of the donated food plus one-half of the gain that would have been realized if the donated food had been sold at fair market value on the date of the donation, or Two times the basis of the donated food. How to amend federal tax return The taxpayer must receive written certification from the donee stating: The donated food is related to the purpose or function of the donee's basis for exemption under section 501(c)(3) and is to be used solely for the care of the ill, the needy, or infants; and The food was not given in exchange for money, other property, or services. How to amend federal tax return For a taxpayer other than a C corporation, the deduction is limited to 10% of the taxpayer's total net income from all trades or businesses from which the food contributions were made (figured without regard to the deduction for charitable contributions). How to amend federal tax return For example, if a taxpayer is a sole proprietor, a shareholder in an S corporation, and a partner in a partnership, and each made a contribution of apparently wholesome food inventory, the taxpayer's deduction is limited to 10% of the taxpayer's total net income from the sole proprietorship, S corporation, and partnership (figured without regard to the deduction for charitable contributions). How to amend federal tax return Charitable Deduction for Contributions of Book Inventories to Public Schools A corporation (other than an S corporation) may be allowed a charitable deduction for a qualified book contribution made after August 27, 2005, and before January 1, 2006, to a public school that: Provides elementary or secondary education (kindergarten through grade 12), and Normally maintains a regular faculty and curriculum and has a regular enrolled body of pupils or students in attendance at the place where its educational activities are regularly carried on. How to amend federal tax return . How to amend federal tax return The deduction is equal to the lesser of: The basis of the donated books plus one-half of the gain that would have been realized if the donated books had been sold at fair market value on the date of the donation, or Two times the basis of the donated books. How to amend federal tax return The corporation must receive written certification from the school stating that the donated books are suitable for the organization's educational programs and will be used for such programs. How to amend federal tax return Casualty and Theft Losses The following paragraphs explain changes to casualty and theft losses that were caused by Hurricane Katrina, Rita, or Wilma. How to amend federal tax return For more information, see Publication 547. How to amend federal tax return Limits on personal casualty or theft losses caused by Hurricane Katrina, Rita, or Wilma. How to amend federal tax return   The following losses to personal use property are not subject to the $100 or 10% of adjusted gross income limits. How to amend federal tax return Losses that arose in the Hurricane Katrina disaster area after August 24, 2005, and that were caused by Hurricane Katrina. How to amend federal tax return Losses that arose in the Hurricane Rita disaster area after September 22, 2005, and that were caused by Hurricane Rita. How to amend federal tax return Losses that arose in the Hurricane Wilma disaster area after October 22, 2005, and that were caused by Hurricane Wilma. How to amend federal tax return Qualifying losses include losses from flooding or other casualty, and from theft, that arose in the hurricane disaster area and that were caused by the hurricane. How to amend federal tax return Special instructions for individuals who elect to claim a Hurricane Katrina, Rita, or Wilma casualty or theft loss for 2004. How to amend federal tax return   Casualty and theft losses are generally deductible only in the year the casualty occurred or theft was discovered. How to amend federal tax return However, Hurricane Katrina, Rita, and Wilma are Presidentially declared disasters. How to amend federal tax return Therefore, you can elect to deduct losses from these hurricanes on your tax return for the previous year. How to amend federal tax return If you make this election, use the following additional instructions to complete your forms. How to amend federal tax return   Individuals filing or amending their 2004 tax return whose only casualty or theft losses to personal use property claimed on that return were caused by Hurricane Katrina, Rita, or Wilma should write “Hurricane Katrina,” “Hurricane Rita,” or “Hurricane Wilma” at the top of Form 1040 or 1040X. How to amend federal tax return They must also complete and attach the 2004 Form 4684 and write “Hurricane Katrina,”“Hurricane Rita,” or “Hurricane Wilma” on the dotted line next to line 11 and enter -0- on lines 11 and 17. How to amend federal tax return   Individuals filing or amending their 2004 tax return who also have casualty or theft losses to personal use property not related to Hurricane Katrina, Rita, or Wilma should disregard the caution directing taxpayers to use only one Form 4684, located above line 13, and complete lines 13 through 18 on two Forms 4684. How to amend federal tax return The Form 1040 or 1040X and the first Form 4684 should be prepared as explained above for Hurricane Katrina, Rita, or Wilma losses only. How to amend federal tax return The second Form 4684 should be prepared in the normal manner for all gains and non-Hurricane Katrina, Rita or Wilma losses. How to amend federal tax return If both Forms 4684 have a loss on line 18, they should carry the combined losses from that line to Schedule A (Form 1040), line 19. How to amend federal tax return If there is a gain on line 15 of the second Form 4684, disregard the instruction to enter it on Schedule D (Form 1040), and instead enter on Schedule A (Form 1040), line 19, the excess of the loss from the first Form 4684 over the gain on line 15 of the second Form 4684. How to amend federal tax return , Time limit for making election. How to amend federal tax return   You must make this election to claim your casualty or theft loss in 2004 by the later of the following dates. How to amend federal tax return The due date (without extensions) for filing your 2005 income tax return. How to amend federal tax return The due date (with extensions) for filing your 2004 income tax return. How to amend federal tax return Example. How to amend federal tax return If you are a calendar year individual taxpayer, you have until April 17, 2006, to amend your 2004 tax return to claim a casualty or theft loss that occurred during 2005. How to amend federal tax return Replacement Period for Nonrecognition of Gain Generally, an involuntary conversion occurs when property is damaged, destroyed, stolen, seized, requisitioned, or condemned, and you receive other property or money in payment, such as insurance or a condemnation award. How to amend federal tax return Generally, you do not have to report a gain (if any) if you replace the property within 2 years (4 years for a main home in a Presidentially declared disaster area). How to amend federal tax return However, for property that was involuntarily converted after August 24, 2005, as a result of Hurricane Katrina, a 5-year replacement period applies if substantially all of the use of the replacement property is in the Hurricane Katrina disaster area. How to amend federal tax return For more information, see the Instructions for Form 4684. How to amend federal tax return Net Operating Losses Qualified GO Zone loss. How to amend federal tax return   Generally, you can carry a net operating loss (NOL) back to the 2 tax years before the NOL year. How to amend federal tax return However, the portion of an NOL that is a qualified GO Zone loss can be carried back to the 5 tax years before the NOL year. How to amend federal tax return In addition, the 90% limit on the alternative tax NOL deduction (ATNOLD) does not apply to such portion of the ATNOLD. How to amend federal tax return   A qualified GO Zone loss is the smaller of: The excess of the NOL for the year over the specified liability loss for the year to which a 10-year carryback applies, or The total of the following deductions (to the extent they are taken into account in computing the NOL for the tax year): Qualified GO Zone casualty loss (as defined below), Moving expenses paid or incurred after August 27, 2005, and before January 1, 2008, for the employment of an individual whose main home was in the GO Zone before August 28, 2005, who was unable to remain in that home because of Hurricane Katrina, and whose main job location (after the move) is in the GO Zone, Temporary housing expenses paid or incurred after August 27, 2005, and before January 1, 2008, to house employees of the taxpayer whose main job location is in the GO Zone, Depreciation or amortization allowable for any qualified GO Zone property (even if you elected not to claim the special GO Zone depreciation allowance for such property) for the year placed in service, and Repair expenses (including expenses for the removal of debris) paid or incurred after August 27, 2005, and before January 1, 2008, for any damage from Hurricane Katrina to property located in the GO Zone. How to amend federal tax return Qualified GO Zone casualty loss. How to amend federal tax return   A qualified GO Zone casualty loss is any deductible section 1231 loss of property located in the GO Zone if the loss was caused by Hurricane Katrina. How to amend federal tax return For this purpose, the amount of the loss is reduced by any recognized gain from an involuntary conversion caused by Hurricane Katrina of property located in the GO Zone. How to amend federal tax return Any such loss taken into account in figuring your qualified GO Zone loss is not eligible for the election to be treated as having occurred in the previous tax year. How to amend federal tax return 5-year NOL carryback of certain timber losses. How to amend federal tax return   Generally, you can carry the portion of an NOL due to income and deductions attributable to a farming business back to the 5 tax years before the NOL year. How to amend federal tax return You can treat income and deductions attributable to qualified timber property as attributable to a farming business if any portion of the property is located in the GO Zone, Rita GO Zone, or Wilma GO Zone, and the income and deductions are allocable to the part of your tax year which is after the applicable date below. How to amend federal tax return August 27, 2005, if any portion of the property is located in the GO Zone. How to amend federal tax return September 22, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone). How to amend federal tax return October 22, 2005, if any portion of the property is located in the Wilma GO Zone (but not in the GO Zone or the RITA GO Zone). How to amend federal tax return   These rules will not apply after 2006. How to amend federal tax return   However, these rules apply only to a timber producer who: Held qualified timber property (defined in Publication 535, Business Expenses) on the applicable date below: August 28, 2005, if any portion of the property is located in the GO Zone, September 23, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone), or October 23, 2005, if any portion of the property is located in the Wilma GO Zone (but not in the GO Zone or the Rita GO Zone); Is not a corporation with stock publicly traded on an established securities market; Is not a real estate investment trust; and Did not hold more than 500 acres of qualified timber property on the applicable date above. How to amend federal tax return More information. How to amend federal tax return   For more information on NOLs, see Publication 536 or Publication 542, Corporations. How to amend federal tax return IRAs and Other Retirement Plans New rules provide for tax-favored withdrawals, repayments, and loans from certain retirement plans for taxpayers who suffered economic losses as a result of Hurricane Katrina, Rita, or Wilma. How to amend federal tax return Definitions Qualified hurricane distribution. How to amend federal tax return   A qualified hurricane distribution is any distribution you received from an eligible retirement plan if all of the following apply. How to amend federal tax return The distribution was made: After August 24, 2005, and before January 1, 2007, for Hurricane Katrina; After September 22, 2005, and before January 1, 2007, for Hurricane Rita; or After October 22, 2005, and before January 1, 2007, for Hurricane Wilma. How to amend federal tax return Your main home was located in a hurricane disaster area listed below on the date shown for that area. How to amend federal tax return August 28, 2005, for the Hurricane Katrina disaster area. How to amend federal tax return September 23, 2005, for the Hurricane Rita disaster area. How to amend federal tax return October 23, 2005, for the Hurricane Wilma disaster area. How to amend federal tax return You sustained an economic loss because of Hurricane Katrina, Rita, or Wilma and your main home was in that hurricane disaster area on the date shown in (2) above for that hurricane. How to amend federal tax return Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. How to amend federal tax return   If (1) through (3) above apply, you can generally designate any distribution (including periodic payments and required minimum distributions) from an eligible retirement plan as a qualified hurricane distribution, regardless of whether the distribution was made on account of Hurricane Katrina, Rita, or Wilma. How to amend federal tax return Qualified hurricane distributions are permitted without regard to your need or the actual amount of your economic loss. How to amend federal tax return   The total of your qualified hurricane distributions from all plans is limited to $100,000. How to amend federal tax return If you have distributions in excess of $100,000 from more than one type of plan, such as a 401(k) plan and an IRA, you may allocate the $100,000 limit among the plans any way you choose. How to amend federal tax return   A reduction or offset (after August 24, 2005, for Katrina; after September 22, 2005, for Rita; or after October 22, 2005, for Wilma) of your account balance in an eligible retirement plan in order to repay a loan can also be designated as a qualified hurricane distribution. How to amend federal tax return Eligible retirement plan. How to amend federal tax return   An eligible retirement plan can be any of the following. How to amend federal tax return A qualified pension, profit-sharing, or stock bonus plan (including a 401(k) plan). How to amend federal tax return A qualified annuity plan. How to amend federal tax return A tax-sheltered annuity contract. How to amend federal tax return A governmental section 457 deferred compensation plan. How to amend federal tax return A traditional, SEP, SIMPLE, or Roth IRA. How to amend federal tax return Main home. How to amend federal tax return   Generally, your main home is the home where you live most of the time. How to amend federal tax return A temporary absence due to special circumstances, such as illness, education, business, military service, evacuation, or vacation, will not change your main home. How to amend federal tax return Taxation of Qualified Hurricane Distributions Qualified hurricane distributions are included in income in equal amounts over three years. How to amend federal tax return However, if you elect, you can include the entire distribution in your income in the year it was received. How to amend federal tax return Qualified hurricane distributions are not subject to the additional 10% tax (or the additional 25% tax for certain distributions from SIMPLE IRAs) on early distributions from qualified retirement plans (including IRAs). How to amend federal tax return However, any distributions you receive in excess of the $100,000 qualified hurricane distribution limit may be subject to the additional tax on early distributions. How to amend federal tax return For more information, see Form 8915. How to amend federal tax return Repayment of Qualified Hurricane Distributions If you choose, you generally can repay any portion of a qualified hurricane distribution that is eligible for tax-free rollover treatment to an eligible retirement plan. How to amend federal tax return Also, you can repay a qualified hurricane distribution made on account of a hardship from a retirement plan. How to amend federal tax return However, see Exceptions below for qualified hurricane distributions you cannot repay. How to amend federal tax return You have three years from the day after the date you received the distribution to make a repayment. How to amend federal tax return Amounts that are repaid are treated as a qualified rollover and are not included in income. How to amend federal tax return Also, for purposes of the one-rollover-per-year limitation for IRAs, a repayment to an IRA is not considered a qualified rollover. How to amend federal tax return See Form 8915 for more information on how to report repayments. How to amend federal tax return Exceptions. How to amend federal tax return   You cannot repay the following types of distributions. How to amend federal tax return Qualified hurricane distributions received as a beneficiary (other than a surviving spouse). How to amend federal tax return Required minimum distributions. How to amend federal tax return Periodic payments (other than from an IRA) that are for: A period of 10 years or more, Your life or life expectancy, or The joint lives or joint life expectancies of you and your beneficiary. How to amend federal tax return Repayment of Qualified Distributions for the Purchase or Construction of a Main Home If you received a qualified distribution to purchase or construct a main home in the Hurricane Katrina, Rita, or Wilma disaster area, you can repay that distribution before March 1, 2006, to an eligible retirement plan after August 24, 2005 (Katrina); after September 22, 2005 (Rita); or after October 22, 2005 (Wilma). How to amend federal tax return For this purpose, an eligible retirement plan is any plan, annuity, or IRA to which a qualified rollover can be made. How to amend federal tax return To be a qualified distribution, the distribution must meet all of the following requirements. How to amend federal tax return The distribution is a hardship distribution from a 401(k) plan, a hardship distribution from a tax-sheltered annuity contract, or a qualified first-time homebuyer distribution from an IRA. How to amend federal tax return The distribution was received in 2005 after February 28 and before: August 29 for Hurricane Katrina; September 24 for Hurricane Rita; or October 24 for Hurricane Wilma. How to amend federal tax return The distribution was to be used to purchase or construct a main home in the Hurricane Katrina, Rita, or Wilma disaster area that was not purchased or constructed because of Hurricane Katrina, Rita, or Wilma. How to amend federal tax return Amounts that are repaid before March 1, 2006, are treated as a qualified rollover and are not included in income. How to amend federal tax return Also, for purposes of the one-rollover-per-year limitation for IRAs, a repayment to an IRA is not considered a qualified rollover. How to amend federal tax return A qualified distribution not repaid before March 1, 2006, may be taxable for 2005 and subject to the additional 10% tax (or the additional 25% tax for certain SIMPLE IRAs) on early distributions. How to amend federal tax return You must file Form 8915 if you received a qualified distribution that you repaid, in whole or in part, before March 1, 2006. How to amend federal tax return Loans From Qualified Plans The following benefits are available to qualified individuals. How to amend federal tax return Increases to the limits for distributions treated as loans from employer plans. How to amend federal tax return A 1-year suspension for payments due on plan loans. How to amend federal tax return Qualified individual. How to amend federal tax return   You are a qualified individual if any of the following apply. How to amend federal tax return Your main home on August 28, 2005, was located in the Hurricane Katrina disaster area and you had an economic loss because of Hurricane Katrina. How to amend federal tax return Your main home on September 23, 2005, was located in the Hurricane Rita disaster area and you had an economic loss because of Hurricane Rita. How to amend federal tax return Your main home on October 23, 2005, was located in the Hurricane Wilma disaster area and you had an economic loss because of Hurricane Wilma. How to amend federal tax return Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. How to amend federal tax return Limits on plan loans. How to amend federal tax return   The $50,000 limit for distributions treated as plan loans is increased to $100,000. How to amend federal tax return In addition, the limit based on 50% of your vested accrued benefit is increased to 100% of that benefit. How to amend federal tax return The higher limits apply only to loans received during the following period. How to amend federal tax return If your main home was located in the Hurricane Katrina disaster area, the period began on September 24, 2005, and ends on December 31, 2006. How to amend federal tax return If your main home was located in the Hurricane Rita or Wilma disaster area, the period began on December 21, 2005, and ends on December 31, 2006. How to amend federal tax return If you are a qualified individual based on Hurricane Katrina and another hurricane, use the period based on Hurricane Katrina. How to amend federal tax return One-year suspension of loan payments. How to amend federal tax return   Payments on plan loans due before 2007 may be suspended for 1 year by the plan administrator. How to amend federal tax return To qualify for the suspension, the due date for any loan payment must occur during the period beginning on: August 28, 2005, if your main home was located in the Hurricane Katrina disaster area. How to amend federal tax return September 23, 2005, if your main home was located in the Hurricane Rita disaster area. How to amend federal tax return October 23, 2005, if your main home was located in the Hurricane Wilma disaster area. How to amend federal tax return If you are a qualified individual based on more than one hurricane, use the period with the earliest beginning date. How to amend federal tax return Additional Tax Relief for Individuals Earned Income Credit and Child Tax Credit You can elect to use your 2004 earned income to figure your earned income credit (EIC) and additional child tax credit for 2005 if: Your 2005 earned income is less than your 2004 earned income, and At least one of the following statements is true. How to amend federal tax return Your main home on August 25, 2005, was in the Gulf Opportunity (GO) Zone. How to amend federal tax return Your main home on August 25, 2005, was in the Hurricane Katrina disaster area and you were displaced from that home because of Hurricane Katrina. How to amend federal tax return Your main home on September 23, 2005, was in the Rita GO Zone. How to amend federal tax return Your main home on September 23, 2005, was in the Hurricane Rita disaster area and you were displaced from that home because of Hurricane Rita. How to amend federal tax return Your main home on October 23, 2005, was in the Wilma GO Zone. How to amend federal tax return Your main home on October 23, 2005, was in the Hurricane Wilma disaster area and you were displaced from that home because of Hurricane Wilma. How to amend federal tax return Earned income. How to amend federal tax return    For the purpose of this election, your earned income for both the EIC and the additional child tax credit is the amount of earned income used to figure your EIC, even if you did not take the EIC and even if that amount is different than your earned income for the additional child tax credit. How to amend federal tax return If you are claiming only the additional child tax credit, you must figure the amount of your earned income for EIC purposes to determine your eligibility to make the election and the amount of the credit. How to amend federal tax return Joint returns. How to amend federal tax return   If you file a joint return, you qualify to make this election even if only one spouse meets the requirements. How to amend federal tax return If you make the election, your 2004 earned income is the sum of your 2004 earned income and your spouse's 2004 earned income. How to amend federal tax return Making the election. How to amend federal tax return   If you make the election to use your 2004 earned income, the election applies for figuring both the EIC and the additional child tax credit. How to amend federal tax return However, you can make the election for the additional child tax credit even if you do not take the EIC. How to amend federal tax return   Electing to use your 2004 earned income may increase or decrease your EIC. How to amend federal tax return Take the following steps to decide whether to make the election. How to amend federal tax return Figure your 2005 EIC using your 2004 earned income. How to amend federal tax return Figure your 2005 additional child tax credit using your 2004 earned income for EIC purposes. How to amend federal tax return Add the results of (1) and (2). How to amend federal tax return Figure your 2005 EIC using your 2005 earned income. How to amend federal tax return Figure your 2005 additional child tax credit using your 2005 earned income for additional child tax credit purposes. How to amend federal tax return Add the results of (4) and (5). How to amend federal tax return Compare the results of (3) and (6). How to amend federal tax return If (3) is larger than (6), it is to your benefit to make the election. How to amend federal tax return If (3) is equal to or smaller than (6), making the election will not help you. How to amend federal tax return   If you elect to use your 2004 earned income and you are claiming the EIC, enter “PYEI” and the amount of your 2004 earned income on the dotted line next to line 66a of Form 1040, on the line next to line 41a of Form 1040A, or in the space to the left of line 8a of Form 1040EZ. How to amend federal tax return   If you elect to use your 2004 earned income and you are claiming the additional child tax credit, enter your 2004 earned income for EIC purposes (even if you did not claim the EIC) on Form 8812, Additional Child Tax Credit, line 4a, and check the box on that line. How to amend federal tax return   Because Form 8812 was released before the GO Zone legislation was enacted, the instructions refer only to individuals whose main home was in the Hurricane Katrina disaster area. How to amend federal tax return When completing Form 8812, line 4a, use the above rules to determine your eligibility to make the election (instead of the Form 8812 instructions). How to amend federal tax return Getting your 2004 tax return information. How to amend federal tax return   If you do not have your 2004 tax records, you can get the amount of earned income used to figure your 2004 EIC by calling 1-866-562-5227. How to amend federal tax return You can also get this information by visiting the IRS website at www. How to amend federal tax return irs. How to amend federal tax return gov. How to amend federal tax return   If you prefer to figure your 2004 earned income yourself, copies or transcripts of your filed and processed tax returns can help you reconstruct your tax records. How to amend federal tax return See Request for Copy or Transcript of Tax Return on page 16. How to amend federal tax return Additional Exemption for Housing Individuals Displaced by Hurricane Katrina You may be able to claim an additional exemption amount of $500 for providing housing in your main home for each individual displaced by Hurricane Katrina. How to amend federal tax return The additional exemption amount is claimed on new Form 8914. How to amend federal tax return The additional exemption amount is allowable once per taxpayer for a specific individual in 2005 or 2006, but not in both years. How to amend federal tax return The maximum additional exemption amount you can claim for all displaced individuals is $2,000 ($1,000 if married filing separately). How to amend federal tax return The additional exemption amount you claim for displaced individuals in 2005 will reduce the $2,000 maximum for 2006. How to amend federal tax return If two or more taxpayers share the same main home, only one taxpayer in that main home can claim the additional exemption amount for a specific displaced individual. How to amend federal tax return If married filing separately, only one spouse may claim the additional exemption amount for a specific displaced individual. How to amend federal tax return In order for you to be considered to have provided housing, you must have a legal interest in the main home (that is, own or rent the home). How to amend federal tax return To qualify as a displaced individual, the individual: Must have had his or her main home in the Hurricane Katrina disaster area on August 28, 2005, and he or she must have been displaced from that home. How to amend federal tax return If the individual's main home was located outside the core disaster area, that home must have been damaged by Hurricane Katrina or the individual must have been evacuated from that home because of Hurricane Katrina, Must have been provided housing in your main home for a period of at least 60 consecutive days ending in the tax year in which the exemption is claimed, and Cannot be your spouse or dependent. How to amend federal tax return You cannot claim the additional exemption amount if you received rent (or any other amount) from any source for providing the housing. How to amend federal tax return You are permitted to receive payments or reimbursements that do not relate to normal housing costs, including the following. How to amend federal tax return Food, clothing, or personal items consumed or used by the displaced individual. How to amend federal tax return Reimbursement for the cost of any long distance telephone calls made by the displaced individual. How to amend federal tax return Reimbursement for the cost of gasoline for the displaced individual's use of your vehicle. How to amend federal tax return However, you cannot claim the additional exemption amount if you received any reimbursement for the extra costs of heat, electricity, or water used by the displaced individual. How to amend federal tax return Also, you must report on Form 8914 the displaced individual's social security number or individual taxpayer identification number to claim an additional exemption amount. How to amend federal tax return For more information, see Form 8914. How to amend federal tax return Education Credits The education credits have been expanded for students attending an eligible educational institution located in the Gulf Opportunity Zone (GOZ students) for any tax year beginning in 2005 or 2006. How to amend federal tax return The Hope credit for a GOZ student is increased to 100% of the first $2,000 in qualified education expenses and 50% of the next $2,000 of qualified education expenses for a maximum credit of $3,000 per student. How to amend federal tax return The lifetime learning credit rate for a GOZ student is increased from 20% to 40%. How to amend federal tax return The definition of qualified education expenses for a GOZ student also has been expanded. How to amend federal tax return In addition to tuition and fees required for the student's enrollment or attendance at an eligible educational institution, qualified education expenses for a GOZ student include the following. How to amend federal tax return Books, supplies, and equipment required for enrollment or attendance at an eligible educational institution. How to amend federal tax return For a special needs student, expenses that are necessary for that person's enrollment or attendance at an eligible educational institution. How to amend federal tax return For a student who is at least a half-time student, the reasonable costs of room and board, but only to the extent that the costs are not more than the greater of the following two amounts. How to amend federal tax return The allowance for room and board, as determined by the eligible educational institution, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student. How to amend federal tax return The actual amount charged if the student is residing in housing owned or operated by the eligible educational institution. How to amend federal tax return You will need to contact the eligible educational institution for qualified room and board costs. How to amend federal tax return For more information, see Form 8863. How to amend federal tax return Recapture of Federal Mortgage Subsidy Generally, if you financed your home under a federally subsidized program (loans from tax-exempt qualified mortgage bonds or loans with mortgage credit certificates), you may have to recapture all or part of the benefit you received from that program when you sell or otherwise dispose of your home. How to amend federal tax return However, you do not have to recapture any benefit if your mortgage loan was a qualified home improvement loan of not more than $15,000. How to amend federal tax return This amount is increased to $150,000 if the loan was provided before 2011 and was used to: Repair damage caused by Hurricane Katrina to a residence in the Hurricane Katrina disaster area, or Alter, repair, or improve an existing owner-occupied residence in the GO Zone, Rita GO Zone, or Wilma GO Zone. How to amend federal tax return Exclusion of Certain Cancellations of Indebtedness by Reason of Hurricane Katrina Generally, discharges of nonbusiness debts (such as mortgages) made after August 24, 2005, and before January 1, 2007, are excluded from income for individuals whose main home was in the Hurricane Katrina disaster area on August 25, 2005. How to amend federal tax return If the individual's main home was located outside the core disaster area, the individual also must have had an economic loss because of Hurricane Katrina. How to amend federal tax return Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. How to amend federal tax return This relief does not apply to any debt secured by real property located outside the Hurricane Katrina disaster area. How to amend federal tax return You may also have to reduce certain tax attributes by the amount excluded. How to amend federal tax return For more information, see Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment). How to amend federal tax return Tax Relief for Temporary Relocation Under the Gulf Opportunity Zone Act of 2005, the IRS may adjust the internal revenue laws to ensure that taxpayers do not lose a deduction or credit or experience a change of filing status in 2005 or 2006 as a result of a temporary relocation caused by Hurricane Katrina, Rita, or Wilma. How to amend federal tax return However, any such adjustment must ensure that an individual is not taken into account by more than one taxpayer for the same tax benefit. How to amend federal tax return The IRS has exercised this authority as follows. How to amend federal tax return In determining whether you furnished over one-half of the cost of maintaining a household, you can exclude from total household costs any assistance received from the government or charitable organizations because you were temporarily relocated as a result of Hurricane Katrina, Rita, or Wilma. How to amend federal tax return In determining whether you provided more than one-half of an individual's support, you can disregard any assistance received from the government or charitable organizations because you were temporarily relocated as a result of Hurricane Katrina, Rita, or Wilma. How to amend federal tax return You can treat as a student an individual who enrolled in school before August 25, 2005, and who is unable to attend classes because of Hurricane Katrina, for each month of the enrollment period that individual is prevented by Hurricane Katrina from attending school as planned. How to amend federal tax return You can treat as a student an individual who enrolled in school before September 23, 2005, and who is unable to attend classes because of Hurricane Rita, for each month of the enrollment period that individual is prevented by Hurricane Rita from attending school as planned. How to amend federal tax return You can treat as a student an individual who enrolled in school before October 23, 2005, and who is unable to attend classes because of Hurricane Wilma, for each month of the enrollment period that individual is prevented by Hurricane Wilma from attending school as planned. How to amend federal tax return Additional Tax Relief for Businesses Special Depreciation Allowance You can take a special depreciation allowance for qualified Gulf Opportunity (GO) Zone property (as defined below) you place in service after August 27, 2005. How to amend federal tax return The allowance is an additional deduction of 50% of the property's depreciable basis (after any section 179 deduction and before figuring your regular depreciation deduction). How to amend federal tax return The special allowance applies only for the first year the property is placed in service. How to amend federal tax return The allowance is deductible for both the regular tax and the alternative minimum tax (AMT). How to amend federal tax return There is no AMT adjustment required for any depreciation figured on the remaining basis of the property. How to amend federal tax return You can elect not to deduct the special GO Zone depreciation allowance for qualified property. How to amend federal tax return If you make this election for any property, it applies to all property in the same class placed in service during the year. How to amend federal tax return Qualified GO Zone property. How to amend federal tax return   Property that qualifies for the special GO Zone depreciation allowance includes the following. How to amend federal tax return Tangible property depreciated under the modified accelerated cost recovery system (MACRS) with a recovery period of 20 years or less. How to amend federal tax return Water utility property. How to amend federal tax return Computer software that is readily available for purchase by the general public, is subject to a nonexclusive license, and has not been substantially modified. How to amend federal tax return (The cost of some computer software is treated as part of the cost of hardware and is depreciated under MACRS. How to amend federal tax return ) Qualified leasehold improvement property. How to amend federal tax return Nonresidential real property and residential rental property. How to amend federal tax return   For more information on this property, see Publication 946. How to amend federal tax return Other tests to be met. How to amend federal tax return   To be qualified GO Zone property, the property must also meet all of the following tests. How to amend federal tax return You must have acquired the property, by purchase, after August 27, 2005, but only if no binding written contract for the acquisition was in effect before August 28, 2005. How to amend federal tax return The property must be placed in service before 2008 (2009 in the case of nonresidential real property and residential rental property). How to amend federal tax return Substantially all of the use of the property must be in the GO Zone and in the active conduct of your trade or business in the GO Zone. How to amend federal tax return The original use of the property in the GO Zone must begin with you after August 27, 2005. How to amend federal tax return Used property can be qualified GO Zone property if it has not previously been used within the GO Zone. How to amend federal tax return Also, additional capital expenditures you incurred after August 27, 2005, to recondition or rebuild your property meet the original use test if the original use of the property in the GO Zone began with you. How to amend federal tax return Excepted property. How to amend federal tax return   Qualified GO Zone property does not include any of the following. How to amend federal tax return Property required to be depreciated using the Alternative Depreciation System (ADS). How to amend federal tax return Property any portion of which is financed with the proceeds of a tax-exempt obligation under section 103. How to amend federal tax return Property for which you are claiming a commercial revitalization deduction. How to amend federal tax return Any property used in connection with any private or commercial golf course, country club, massage parlor, hot tub facility, suntan facility, or any store, the principal business of which is the sale of alcoholic beverages for consumption off premises. How to amend federal tax return Any gambling or animal racing property (as defined below). How to amend federal tax return Property in the same class as that for which you elected not to claim the special GO Zone depreciation allowance. How to amend federal tax return   Gambling or animal racing property is: Any equipment, furniture, software, or other property used directly in connection with gambling, the racing of animals, or the on-site viewing of such racing, and The portion of any real property (determined by square footage) that is dedicated to gambling, the racing of animals, or the on-site viewing of such racing, unless this portion is less than 100 square feet. How to amend federal tax return Recapture of special allowance. How to amend federal tax return   If, in any year after the year you claim the special allowance, the property ceases to be qualified GO Zone property, you may have to recapture as ordinary income any excess benefit you received from claiming the special allowance. How to amend federal tax return Increased Section 179 Deduction An increased section 179 deduction is allowable for qualified section 179 Gulf Opportunity (GO) Zone property (as defined later) placed in service in the GO Zone. How to amend federal tax return Increased dollar limit. How to amend federal tax return   The limit on the section 179 deduction ($105,000 for 2005, $108,000 for 2006) for qualified section 179 GO Zone property acquired after August 27, 2005, is increased by the smaller of: $100,000, or The cost of qualified section 179 GO Zone property placed in service during the year (including such property placed in service by your spouse, even if you are filing a separate return). How to amend federal tax return   The amount for which you can make the election is reduced if the cost of all qualified section 179 GO Zone property you placed in service during the year exceeds $420,000 for 2005 ($430,000 for 2006) increased by the smaller of: $600,000, or The cost of qualified section 179 GO Zone property placed in service during the year. How to amend federal tax return Qualified section 179 GO Zone property. How to amend federal tax return   Qualified section 179 GO Zone property is section 179 property that is qualified GO Zone property (explained earlier under Special Depreciation Allowance). How to amend federal tax return Section 179 property does not include nonresidential real property or residential rental property. How to amend federal tax return For more information, including the requirements that must be met for property to qualify for the section 179 deduction, see chapter 2 of Publication 946. How to amend federal tax return Work Opportunity Credit For the work opportunity credit, the definition of “targeted group employee” has been expanded to include a Hurricane Katrina employee. How to amend federal tax return Hurricane Katrina employee. How to amend federal tax return   A Hurricane Katrina employee is: A person who, on August 28, 2005, had a main home in the core disaster area and, within a two-year period beginning on that date, is hired to perform services principally in the core disaster area; or A person who, on August 28, 2005, had a main home in the core disaster area, was displaced from that main home as a result of Hurricane Katrina, and was hired during the period beginning on August 28, 2005, and ending on December 31, 2005. How to amend federal tax return Qualified wages. How to amend federal tax return   Generally, qualified wages do not include wages you paid to a targeted group employee who worked for you previously. How to amend federal tax return However, wages will qualify if: You paid them to an employee who is a Hurricane Katrina employee, The employee was not in your employment on August 28, 2005, and This is your first hire of the employee as a Hurricane Katrina employee after August 28, 2005. How to amend federal tax return   For more information, see Form 5884. How to amend federal tax return Certification requirements. How to amend federal tax return   An employee must provide to the employer reasonable evidence that he or she is a Hurricane Katrina employee. How to amend federal tax return An employer may accept a completed Form 8850, Pre-Screening Notice and Certification Request for the Work Opportunity and Welfare-to-Work Credits, as such evidence. How to amend federal tax return The certification requirements described in Form 8850 do not apply to a Hurricane Katrina employee. How to amend federal tax return Do not send any Forms 8850 that have only box 1 checked to the state employment security agency. How to amend federal tax return Instead, the employer should keep these Forms 8850 with the employer's other records. How to amend federal tax return For more information, see Form 8850 and its instructions. How to amend federal tax return Employee Retention Credit An eligible employer who conducted an active trade or business in the Gulf Opportunity (GO) Zone, the Rita GO Zone, or the Wilma GO Zone can claim the employee retention credit. How to amend federal tax return The credit is 40% of qualified wages for each eligible employee (up to a maximum of $6,000 in qualified wages per employee). How to amend federal tax return Generally, you must reduce your deduction for salaries and wages by the amount of this credit (before the tax liability limit). How to amend federal tax return Use Form 5884-A to claim the credit. How to amend federal tax return See the following rules and definitions for each hurricane. How to amend federal tax return Employers affected by Hurricane Katrina. How to amend federal tax return   The following definitions apply to employers affected by Hurricane Katrina. How to amend federal tax return Eligible employer. How to amend federal tax return   For this purpose, an eligible employer is any employer who conducted an active trade or business on August 28, 2005, in the GO Zone and whose trade or business was inoperable on any day after August 28, 2005, and before January 1, 2006, because of damage caused by Hurricane Katrina. How to amend federal tax return Eligible employee. How to amend federal tax return   For this purpose, an eligible employee is an employee whose principal place of employment on August 28, 2005, with such eligible employer was in the GO Zone. How to amend federal tax return An employee is not an eligible employee for purposes of Hurricane Katrina if the employee is treated as an eligible employee for the work opportunity credit. How to amend federal tax return Employers affected by Hurricane Rita. How to amend federal tax return   The following definitions apply to employers affected by Hurricane Rita. How to amend federal tax return Eligible employer. How to amend federal tax return   For this purpose, an eligible employer is any employer who conducted an active trade or business on September 23, 2005, in the Rita GO Zone and whose trade or business was inoperable on any day after September 23, 2005, and before January 1, 2006, because of damage caused by Hurricane Rita. How to amend federal tax return Eligible employee. How to amend federal tax return   For this purpose, an eligible employee is an employee whose principal place of employment on September 23, 2005, with such eligible employer was in the Rita GO Zone. How to amend federal tax return An employee is not an eligible employee for purposes of Hurricane Rita if the employee is treated as an eligible employee for the work opportunity credit or the Hurricane Katrina employee retention credit. How to amend federal tax return Employers affected by Hurricane Wilma. How to amend federal tax return   The following definitions apply to employers affected by Hurricane Wilma. How to amend federal tax return Eligible employer. How to amend federal tax return   For this purpose, an eligible employer is any employer who conducted an active trade or business on October 23, 2005, in the Wilma GO Zone and whose trade or business was inoperable on any day after October 23, 2005, and before January 1, 2006, because of damage caused by Hurricane Wilma. How to amend federal tax return Eligible employee. How to amend federal tax return   For this purpose, an eligible employee is an employee whose principal place of employment on October 23, 2005, with such eligible employer was in the Wilma GO Zone. How to amend federal tax return An employee is not an eligible employee for purposes of Hurricane Wilma if the employee is treated as an eligible employee for the work opportunity credit or the Hurricane Katrina or Rita employee retention credit. How to amend federal tax return Qualified wages. How to amend federal tax return   Qualified wages are wages you paid or incurred before January 1, 2006, (up to $6,000 per employee) for an eligible employee beginning on the date your trade or business first became inoperable at the employee's principal place of employment immediately before the applicable hurricane, and ending on the date your trade or business resumed significant operations at that place. How to amend federal tax return In addition, the wages must have been paid or incurred after the following date. How to amend federal tax return August 28, 2005, for Hurricane Katrina. How to amend federal tax return September 23, 2005, for Hurricane Rita. How to amend federal tax return October 23, 2005, for Hurricane Wilma. How to amend federal tax return    This includes wages paid even if the employee performed no services, performed services at a place of employment other than the principal place of employment, or performed services at the principal place of employment before significant operations resumed. How to amend federal tax return    Wages qualifying for the credit generally have the same meaning as wages subject to the Federal Unemployment Tax Act (FUTA). How to amend federal tax return Qualified wages also include amounts you paid for medical or hospitalization expenses in connection with sickness or accident disability. How to amend federal tax return Qualified wages for any employee must be reduced by the amount of any work supplementation payment you received under the Social Security Act. How to amend federal tax return   For agricultural employees, if the work performed by any employee during more than half of any pay period qualified under FUTA as agricultural labor, that employee's wages subject to social security and Medicare taxes are qualified wages. How to amend federal tax return For a special rule that applies to railroad employees, see section 51(h)(1)(B). How to amend federal tax return   Qualified wages do not include the following. How to amend federal tax return Wages paid to your dependent or a related individual. How to amend federal tax return See section 51(i)(1). How to amend federal tax return Wages paid to any employee during the period for which you received payment for the employee from a federally funded on-the-job training program. How to amend federal tax return Wages for services of replacement workers during a strike or lockout. How to amend federal tax return   For more information, see Form 5884-A. How to amend federal tax return Hurricane Katrina Housing Credit An employer who conducted an active trade or business in the Gulf Opportunity (GO) Zone can claim the Hurricane Katrina housing credit. How to amend federal tax return The credit is equal to 30% of the value (up to $600 per month per employee) of in-kind lodging furnished to a qualified employee (and the employee's spouse or dependents) from January 1, 2006, through July 1, 2006. How to amend federal tax return The value of the lodging is excluded from the income of the qualified employee but is treated as wages for purposes of taxes imposed under the Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA). How to amend federal tax return Generally, you must reduce your deduction for salaries and wages by the amount of this credit (before the tax liability limit). How to amend federal tax return The employer must use Form 5884-A to claim the credit. How to amend federal tax return A qualified employee is an individual who had a main home in the GO Zone on August 28, 2005, and who performs substantially all employment services in the GO Zone for the employer furnishing the lodging. How to amend federal tax return The employee cannot be your dependent or a related individual. How to amend federal tax return See section 51(i)(1). How to amend federal tax return For more information, see Form 5884-A. How to amend federal tax return Reforestation Costs You may be able to elect to deduct a limited amount of reforestation costs for each qualified timber property. How to amend federal tax return The deduction for any tax year generally is limited to $10,000 ($5,000 if married filing separately, $0 for a trust). How to amend federal tax return However, this limit is increased if you paid or incurred reforestation costs after the applicable date below and any portion of the qualified timber property is located in one of the following areas. How to amend federal tax return August 27, 2005, if any portion of the property is located in the GO Zone. How to amend federal tax return September 22, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone). How to amend federal tax return October 22, 2005, if any portion of the property is located in the Wilma GO Zone. How to amend federal tax return The limit for each qualified timber property is increased by the smaller of: $10,000 ($5,000 if married filing separately, $0 for a trust), or The amount of reforestation costs you paid or incurred after the applicable date for the qualified timber property, any portion of which is located in the zone described above. How to amend federal tax return The increase in the limit applies only to costs paid or incurred before 2008. How to amend federal tax return However, these rules do not apply to any timber producer who: Held more than 500 acres of qualified timber property at any time during the tax year, Is a corporation with stock publicly traded on an established securities market, or Is a real estate investment trust. How to amend federal tax return For more information about the election to deduct reforestation costs, see chapter 8 in Publication 535, Business Expenses. How to amend federal tax return Demolition and Clean-up Costs You can elect to deduct 50% of any qualified GO Zone clean-up costs for the tax year in which the costs are paid or incurred, instead of capitalizing them. How to amend federal tax return Qualified GO Zone clean-up costs are any amounts paid or incurred after August 27, 2005, and before January 1, 2008, for the removal of debris from, or the demolition of structures on, real property located in the GO Zone that is: Held by you for use in a trade or business or for the production of income, or Inventory or other property held primarily for sale to customers in the ordinary course of your trade or business. How to amend federal tax return Increase in Rehabilitation Tax Credit The rehabilitation credit is increased for qualified rehabilitation expenditures paid or incurred after August 27, 2005, and before January 1, 2009, on buildings located in the GO Zone as follows. How to amend federal tax return For pre-1936 buildings (other than certified historic structures), the credit percentage is increased from 10% to 13%. How to amend federal tax return For certified historic structures, the credit percentage is increased from 20% to 26%. How to amend federal tax return For more information, see Form 3468, Investment Credit. How to amend federal tax return Request for Copy or Transcript of Tax Return Request for copy of tax return. How to amend federal tax return   You can use Form 4506 to order a copy of your tax return. How to amend federal tax return Generally, there is a $39. How to amend federal tax return 00 fee for requesting each copy of a tax return. How to amend federal tax return If your main home, principal place of business, or tax records are located in a Presidentially declared disaster area, the fee will be waived if the assigned disaster designation (for example, “Hurricane Katrina”) is written in red across the top of the form when filed. How to amend federal tax return Request for transcript of tax return. How to amend federal tax return   You can use Form 4506-T to order a free transcript of your tax return. How to amend federal tax return A transcript provides most of the line entries from a tax return and usually contains the information that a third party requires. How to amend federal tax return You can also call 1-800-829-1040 to order a transcript. How to amend federal tax return How To Get Tax Help Special IRS assistance. How to amend federal tax return   The IRS is providing special help for those affected by Hurricane Katrina, Rita, or Wilma, as well as survivors and personal representatives of the victims. How to amend federal tax return We have set up a special toll-free number for people who may have trouble filing or paying their taxes because they were affected by Hurricane Katrina, Rita, or Wilma, or who have other tax issues related to the hurricanes. How to amend federal tax return Call 1-866-562-5227 Monday through Friday In English-7 a. How to amend federal tax return m. How to amend federal tax return to 10 p. How to amend federal tax return m. How to amend federal tax return local time In Spanish-8 a. How to amend federal tax return m. How to amend federal tax return to 9:30 p. How to amend federal tax return m. How to amend federal tax return local time   The IRS website at www. How to amend federal tax return irs. How to amend federal tax return gov has notices and other tax relief information. How to amend federal tax return Check it periodically for any new guidance. How to amend federal tax return Other help from the IRS. How to amend federal tax return   You can get help with unresolved tax issues, order free publications and forms, ask tax questions, and get more information from the IRS in several ways. How to amend federal tax return By selecting the method that is best for you, you will have quick and easy access to tax help. How to amend federal tax return Contacting your Taxpayer Advocate. How to amend federal tax return   If you have attempted to deal with an IRS problem unsuccessfully, you should contact your Taxpayer Advocate. How to amend federal tax return   The Taxpayer Advocate independently represents your interests and concerns within the IRS by protecting your rights and resolving problems that have not been fixed through normal channels. How to amend federal tax return While Taxpayer Advocates cannot change the tax law or make a technical tax decision, they can clear up problems that resulted from previous contacts and ensure that your case is given a complete and impartial review. How to amend federal tax return   To contact your Taxpayer Advocate: Call the Taxpayer Advocate toll free at 1-877-777-4778. How to amend federal tax return Call, write, or fax the Taxpayer Advocate office in your area. How to amend federal tax return Call 1-800-829-4059 if you are a TTY/TDD user. How to amend federal tax return Visit www. How to amend federal tax return irs. How to amend federal tax return gov/advocate. How to amend federal tax return   For more information, see Publication 1546, How To Get Help With Unresolved Tax Problems (now available in Chinese, Korean, Russian, and Vietnamese, in addition to English and Spanish). How to amend federal tax return Free tax services. How to amend federal tax return   To find out what services are available, get Publication 910, IRS Guide to Free Tax Services. How to amend federal tax return It contains a list of free tax publications and an index of tax topics. How to amend federal tax return It also describes other free tax information services, including tax education and assistance programs and a list of TeleTax topics. How to amend federal tax return Internet. How to amend federal tax return You can access the IRS website 24 hours a day, 7 days a week, at www. How to amend federal tax return irs. How to amend federal tax return gov to: E-file your return. How to amend federal tax return Find out about commercial tax preparation and e-file services available free to eligible taxpayers. How to amend federal tax return Check the status of your refund. How to amend federal tax return Click on Where's My Refund. How to amend federal tax return Be sure to wait at least 6 weeks from the date you filed your return (3 weeks if you filed electronically). How to amend federal tax return Have your tax return available because you will need to know your social security number, your filing status, and the exact whole dollar amount of your refund. How to amend federal tax return Download forms, instructions, and publications. How to amend federal tax return Order IRS products online. How to amend federal tax return Research your tax questions online. How to amend federal tax return Search publications online by topic or keyword. How to amend federal tax return View Internal Revenue Bulletins (IRBs) published in the last few years. How to amend federal tax return Figure your withholdin
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IRS Criminal Investigation Issues Annual Report

IR-2014-18, Feb. 24, 2014
 

WASHINGTON — The Internal Revenue Service today announced the release of its IRS Criminal Investigation (CI) Annual Report for fiscal year 2013, reflecting significant increases in enforcement actions against tax criminals and a robust rise in convictions, including identity theft. 

CI investigates potential criminal violations of the Internal Revenue Code and related financial crimes in a manner to foster confidence in the tax system and compliance with the law.

High points of fiscal year 2013 include a 12.5 percent increase in investigations initiated compared to the prior year and a nearly 18 percent gain in prosecution recommendations. Specifically, CI initiated 5,314 cases and recommended 4,364 cases for prosecution. These increases were accomplished at a time when agent resources decreased more than 5 percent.

Meanwhile, convictions rose more than 25 percent compared to the prior year. The conviction rate for fiscal 2013 was 93 percent.

“The conviction rate is especially important because it reflects the quality of our case work, our teamwork with law enforcement partners and the U.S. Attorneys’ Offices, and it represents an increase over 2011 and 2012,” said Richard Weber, Chief of Criminal Investigation.

CI continues to play a vital role in the fight against identity theft. CI initiated over 1,400 investigations and recommended prosecution of over 1,250 individuals who were involved in identity theft crimes during fiscal 2013.

As an active partner in over 35 Identity Theft Task Forces, CI works side-by-side with federal, state and local law-enforcement agencies to combat the threat of this insidious crime. One of those task forces, the Tampa Bay Identity Theft Alliance, was recently recognized as the "2013 Task Force of the Year," a national award given by the International Association of Financial Crimes Investigators for investigative excellence and outstanding public service. The Tampa Bay Identity Theft Alliance was formed last year and comprises of 20 Tampa Bay federal, state and local law enforcement agencies and prosecutors.

“The Alliance represents true teamwork by all levels of law enforcement,” Weber said. “Individuals who commit identity theft demonstrate a blatant disregard of the integrity of the United States tax system and cause immeasurable hardship to innocent victims.”

In addition, the 36-page report summarizes a wide variety of IRS CI activity on a range of tax crimes, money laundering, public corruption, terrorist financing and narcotics trafficking financial crimes during the fiscal year ending Sept. 30, 2013.

“Our cases involved individuals and corporations from all segments of society. They led us into corporate board rooms, offices of public officials, tax preparation businesses, identity theft gangs and narcotics trafficking organizations,” Weber said.

"This report highlights some of the many noteworthy cases that were completed by CI, which is just the tip of the iceberg of the complex cases we completed this past year,” Weber added. “The dedication and enthusiasm of our employees was a driving force behind these achievements. IRS-CI continues to make our mark in history as the best financial investigators in the world."

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Page Last Reviewed or Updated: 24-Feb-2014

The How To Amend Federal Tax Return

How to amend federal tax return 13. How to amend federal tax return   Employment Taxes Table of Contents What's New for 2013 What's New for 2014 Reminders Important Dates for 2014 Introduction Topics - This chapter discusses: Useful Items - You may want to see: Farm Employment Family Employees Crew Leaders Social Security and Medicare TaxesReligious exemption. How to amend federal tax return Wage limit. How to amend federal tax return Federal Income Tax WithholdingNew Form W-4 for 2014. How to amend federal tax return Required Notice to Employees About Earned Income Credit (EIC) Reporting and Paying Social Security, Medicare, and Withheld Federal Income TaxesElectronic deposit requirement. How to amend federal tax return Federal Unemployment (FUTA) TaxReporting and Paying FUTA Tax What's New for 2013 Social security and Medicare tax for 2013. How to amend federal tax return  The employee tax rate for social security is 6. How to amend federal tax return 2%. How to amend federal tax return Previously, the employee tax rate for social security was 4. How to amend federal tax return 2%. How to amend federal tax return The employer tax rate for social security remains unchanged at 6. How to amend federal tax return 2%. How to amend federal tax return The social security wage base limit is $113,700. How to amend federal tax return The Medicare tax rate is 1. How to amend federal tax return 45% each for the employee and employer, unchanged from 2012. How to amend federal tax return There is no wage base limit for Medicare tax. How to amend federal tax return Additional Medicare Tax. How to amend federal tax return  In addition to withholding Medicare tax at 1. How to amend federal tax return 45%, you must withhold a 0. How to amend federal tax return 9% Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. How to amend federal tax return You are required to begin withholding Additional Medicare Tax in the pay period in which you pay wages in excess of $200,000 to an employee and continue to withhold it each pay period until the end of the calendar year. How to amend federal tax return Additional Medicare Tax is only imposed on the employee. How to amend federal tax return There is no employer share of Additional Medicare Tax. How to amend federal tax return All wages that are subject to Medicare tax are subject to Additional Medicare Tax withholding if paid in excess of the $200,000 threshold. How to amend federal tax return For more information on what wages are subject to Medicare tax, see the chart, Special Rules for Various Types of Services and Payments, in section 15 of Publication 15 (Circular E), Employer's Tax Guide. How to amend federal tax return For more information on Additional Medicare Tax, visit IRS. How to amend federal tax return gov and enter “Additional Medicare Tax” in the search box. How to amend federal tax return Leave-based donation programs to aid victims of Hurricane Sandy. How to amend federal tax return  Under these programs, employees may donate their vacation, sick, or personal leave in exchange for employer cash payments made before January 1, 2014, to qualified tax-exempt organizations providing relief for the victims of Hurricane Sandy. How to amend federal tax return The donated leave will not be included in the income or wages of the employee. How to amend federal tax return The employer may deduct the cash payments as business expenses or charitable contributions. How to amend federal tax return For more information, see Notice 2012-69, 2012-51 I. How to amend federal tax return R. How to amend federal tax return B. How to amend federal tax return 712, available at www. How to amend federal tax return irs. How to amend federal tax return gov/irb/2012-51_IRB/ar09. How to amend federal tax return html. How to amend federal tax return Work opportunity tax credit for qualified tax-exempt organizations hiring qualified veterans extended. How to amend federal tax return  The work opportunity tax credit is now available for eligible unemployed veterans who begin work before January 1, 2014. How to amend federal tax return Previously, the credit was available for unemployed veterans who began work on or after November 22, 2011, and before January 1, 2013. How to amend federal tax return Qualified tax-exempt organizations that hire eligible unemployed veterans can claim the work opportunity tax credit against their payroll tax liability using Form 5884-C, Work Opportunity Credit for Qualified Tax-Exempt Organizations Hiring Qualified Veterans. How to amend federal tax return For more information, visit IRS. How to amend federal tax return gov and enter “work opportunity credit” in the search box. How to amend federal tax return What's New for 2014 Social security and Medicare tax for 2014. How to amend federal tax return  The employee and employer tax rates for social security and the maximum amount of wages subject to social security tax for 2014 will be discussed in Publication 51 (Circular A), Agricultural Employer's Tax Guide (For use in 2014). How to amend federal tax return The Medicare tax rate for 2014 will also be discussed in Publication 51 (Circular A) (For use in 2014). How to amend federal tax return There is no limit on the amount of wages subject to Medicare tax. How to amend federal tax return Reminders Additional employment tax information for farmers. How to amend federal tax return  See Publication 51 (Circular A) for more detailed guidance on employment taxes. How to amend federal tax return For the latest information about employment tax developments impacting farmers, go to www. How to amend federal tax return irs. How to amend federal tax return gov/pub51. How to amend federal tax return Correcting a previously filed Form 943. How to amend federal tax return  If you discover an error on a previously filed Form 943, Employer's Annual Federal Tax Return for Agricultural Employees, make the correction using Form 943-X, Adjusted Employer's Annual Federal Tax Return for Agricultural Employees or Claim for Refund. How to amend federal tax return Form 943-X is filed separately from Form 943. How to amend federal tax return For more information on correcting Form 943, see the Instructions for Form 943-X. How to amend federal tax return Federal tax deposits must be made by electronic funds transfer. How to amend federal tax return  You must use electronic funds transfer to make all federal tax deposits. How to amend federal tax return Generally, electronic funds transfers are made using the Electronic Federal Tax Payment System (EFTPS). How to amend federal tax return If you do not want to use EFTPS, you can arrange for your tax professional, financial institution, payroll service, or other trusted third party to make electronic deposits on your behalf. How to amend federal tax return Also, you may arrange for your financial institution to initiate a same-day wire payment on your behalf. How to amend federal tax return EFTPS is a free service provided by the Department of Treasury. How to amend federal tax return Services provided by your tax professional, financial institution, payroll service, or other third party may have a fee. How to amend federal tax return For more information on making federal tax deposits, see section 7 of Publication 51 (Circular A). How to amend federal tax return To get more information about EFTPS or to enroll in EFTPS, visit www. How to amend federal tax return eftps. How to amend federal tax return gov or call 1-800-555-4477 or 1-800-733-4829 (TDD). How to amend federal tax return Additional information about EFTPS is also available in Publication 966, Electronic Federal Tax Payment System: A Guide To Getting Started. How to amend federal tax return Important Dates for 2014 You should take the action indicated by the dates listed. How to amend federal tax return See By February 15 and On February 16 for Form W-4, Employee's Withholding Allowance Certificate, information. How to amend federal tax return Due dates for deposits of withheld federal income taxes, social security taxes, and Medicare taxes are not listed here. How to amend federal tax return For these dates, see Publication 509, Tax Calendars (For use in 2014). How to amend federal tax return Note. How to amend federal tax return  If any date shown below for filing a return, furnishing a form, or depositing taxes falls on a Saturday, Sunday, or legal holiday, the due date is the next business day. How to amend federal tax return A statewide legal holiday delays a filing or furnishing due date only if the IRS office where you are required to file a return or furnish a form is located in that state. How to amend federal tax return For any due date, you will meet the “file” or “furnish” date requirement if the envelope containing the tax return or form is properly addressed, contains sufficient postage, and is postmarked by the U. How to amend federal tax return S. How to amend federal tax return Postal Service by the due date, or sent by an IRS-designated delivery service by the due date. How to amend federal tax return See Private delivery services in Publication 51 (Circular A). How to amend federal tax return Federal tax deposits can only be made by electronic funds transfer and are governed by legal holidays in the District of Columbia. How to amend federal tax return Statewide holidays no longer apply. How to amend federal tax return For a list of legal holidays that delay the due date of a federal tax deposit, see section 7 of Publication 51 (Circular A). How to amend federal tax return Fiscal year taxpayers. How to amend federal tax return  The due dates listed below apply whether you use a calendar or a fiscal year. How to amend federal tax return By January 31. How to amend federal tax return   File Form 943 with the IRS. How to amend federal tax return If you deposited all Form 943 taxes when due, you have 10 additional days to file. How to amend federal tax return Furnish each employee with a completed Form W-2, Wage and Tax Statement. How to amend federal tax return Furnish each recipient to whom you paid $600 or more in nonemployee compensation with a completed Form 1099 (for example, Form 1099-MISC). How to amend federal tax return File Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, with the IRS. How to amend federal tax return If you deposited all the FUTA tax when due, you have 10 additional days to file. How to amend federal tax return File Form 945, Annual Return of Withheld Federal Income Tax, with the IRS to report any nonpayroll income tax withheld during 2013. How to amend federal tax return If you deposited all Form 945 taxes when due, you have 10 additional days to file. How to amend federal tax return By February 15. How to amend federal tax return  Ask for a new Form W-4 or Formulario W-4(SP), Certificado de Exención de Retenciones del Empleado, from each employee who claimed exemption from federal income tax withholding last year. How to amend federal tax return On February 16. How to amend federal tax return  Any Form W-4 claiming exemption from withholding for the previous year has now expired. How to amend federal tax return Begin withholding for any employee who previously claimed exemption from withholding but has not given you a new Form W-4 for the current year. How to amend federal tax return If the employee does not give you a new Form W-4, withhold taxes based on the last valid Form W-4 you have for the employee that does not claim exemption from withholding or, if one does not exist, as if he or she is single with zero withholding allowances. How to amend federal tax return If the employee furnishes a new Form W-4 claiming exemption from withholding after February 15, you may apply the exemption to future wages, but do not refund taxes withheld while the exempt status was not in place. How to amend federal tax return By February 28. How to amend federal tax return   File paper Forms 1099 and 1096. How to amend federal tax return File Copy A of all paper Forms 1099 with Form 1096, Annual Summary and Transmittal of U. How to amend federal tax return S. How to amend federal tax return Information Returns, with the IRS. How to amend federal tax return For electronically filed returns, see By March 31 below. How to amend federal tax return File paper Forms W-2 and W-3. How to amend federal tax return File Copy A of all paper Forms W-2 with Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration (SSA). How to amend federal tax return For electronically filed returns, see By March 31 below. How to amend federal tax return By March 31. How to amend federal tax return   File electronic Forms W-2 and 1099. How to amend federal tax return File electronic Forms W-2 with the SSA and Forms 1099 with the IRS. How to amend federal tax return For more information on reporting Form W-2 information to the SSA electronically, visit the SSA's Employer W-2 Filing Instructions & Information webpage at www. How to amend federal tax return socialsecurity. How to amend federal tax return gov/employer. How to amend federal tax return For information on filing information returns electronically with the IRS, see Publication 1220, Specifications for Filing Forms 1097, 1098, 1099, 3921, 3922, 5498, 8935, and W-2G Electronically. How to amend federal tax return By April 30, July 31, October 31, and January 31. How to amend federal tax return   Deposit FUTA taxes. How to amend federal tax return Deposit FUTA tax due if it is more than $500. How to amend federal tax return Before December 1. How to amend federal tax return  Remind employees to submit a new Form W-4 if their withholding allowances have changed or will change for the next year. How to amend federal tax return Introduction You are generally required to withhold federal income tax from the wages of your employees. How to amend federal tax return You may also be subject to social security and Medicare taxes under the Federal Insurance Contributions Act (FICA) and federal unemployment tax under the Federal Unemployment Tax Act (FUTA). How to amend federal tax return You must also withhold Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. How to amend federal tax return This chapter includes information about these taxes. How to amend federal tax return You must also pay self-employment tax on your net earnings from farming. How to amend federal tax return See chapter 12 for information on self-employment tax. How to amend federal tax return Topics - This chapter discusses: Farm employment, Family employees, Crew leaders, Social security and Medicare taxes, Additional Medicare Tax withholding, Federal income tax withholding, Reporting and paying social security, Medicare, and withheld federal income taxes, and FUTA tax. How to amend federal tax return Useful Items - You may want to see: Publication 15 (Circular E), Employer's Tax Guide 15-A Employer's Supplemental Tax Guide 15-B Employer's Tax Guide to Fringe Benefits 51 (Circular A), Agricultural Employer's Tax Guide 926 Household Employer's Tax Guide Form (and Instructions) W-2 Wage and Tax Statement W-4 Employee's Withholding Allowance Certificate W-9 Request for Taxpayer Identification Number and Certification 940 Employer's Annual Federal Unemployment (FUTA) Tax Return 943 Employer's Annual Federal Tax Return for Agricultural Employees 943-X Adjusted Employer's Annual Federal Tax Return for Agricultural Employees or Claim for Refund See chapter 16 for information about getting publications and forms. How to amend federal tax return Farm Employment In general, you are an employer of farmworkers if your employees do any of the following types of work. How to amend federal tax return Raising or harvesting agricultural or horticultural products on a farm, including raising and feeding of livestock. How to amend federal tax return Operating, managing, conserving, improving, or maintaining your farm and its tools and equipment. How to amend federal tax return Services performed in salvaging timber, or clearing land of brush and other debris, left by a hurricane (also known as hurricane labor). How to amend federal tax return Handling, processing, or packaging any agricultural or horticultural commodity if you produced more than half of the commodity (for a group of up to 20 unincorporated operators, all of the commodity). How to amend federal tax return Work related to cotton ginning, turpentine, gum resin products, or the operation and maintenance of irrigation facilities. How to amend federal tax return For more information, see Publication 51 (Circular A). How to amend federal tax return Generally, a worker who performs services for you is your employee if you have the right to control what will be done and how it will be done. How to amend federal tax return This is so even when you give the employee freedom of action. How to amend federal tax return What matters is that you have the right to control the details of how the services are performed. How to amend federal tax return You are responsible for withholding and paying employment taxes for your employees. How to amend federal tax return You are also required to file employment tax returns. How to amend federal tax return These requirements do not apply to amounts that you pay to independent contractors. How to amend federal tax return See Publication 15-A for more information on how to determine whether an individual providing services is an independent contractor or an employee. How to amend federal tax return If you employ a family of workers, each worker subject to your control (not just the head of the family) is an employee. How to amend federal tax return Special rules apply to crew leaders. How to amend federal tax return See Crew Leaders , later. How to amend federal tax return Employer identification number (EIN). How to amend federal tax return   If you have employees, you must have an EIN. How to amend federal tax return If you do not have an EIN, you may apply for one online. How to amend federal tax return Go to IRS. How to amend federal tax return gov and click on the Apply for an EIN Online link under Tools. How to amend federal tax return You may also apply for an EIN by calling 1-800-829-4933 or 1-800-829-4059 (TDD/TTY for persons who are deaf, hard of hearing, or have a speech disability). How to amend federal tax return The hours of operation for both numbers are Monday–Friday form 7:00 a. How to amend federal tax return m. How to amend federal tax return –7:00 p. How to amend federal tax return m. How to amend federal tax return local time (Alaska and Hawaii follow Pacific time). How to amend federal tax return You can also fax or mail Form SS-4, Application for Employer Identification Number, to the IRS. How to amend federal tax return Employee's social security number (SSN). How to amend federal tax return   An employee who does not have an SSN should submit Form SS-5, Application for a Social Security Card, to the Social Security Administration (SSA). How to amend federal tax return Form SS-5 is available from any SSA office or by calling 1-800-772-1213 (operates 24 hours per day). How to amend federal tax return It is also available from the SSA's website at www. How to amend federal tax return socialsecurity. How to amend federal tax return gov. How to amend federal tax return   The employee must furnish evidence of age, identity, and U. How to amend federal tax return S. How to amend federal tax return citizenship or lawful immigration status permitting employment with the Form SS-5. How to amend federal tax return An employee who is age 18 or older must appear in person with this evidence at an SSA office. How to amend federal tax return Form I-9. How to amend federal tax return    You must verify that each new employee is legally eligible to work in the United States. How to amend federal tax return This includes completing the Form I-9, Employment Eligibility Verification. How to amend federal tax return Form I-9 is available from the U. How to amend federal tax return S. How to amend federal tax return Citizenship and Immigration Services (USCIS) offices or by calling the Bureau of Citizenship and Immigration Services Forms Request Line at 1-800-870-3676. How to amend federal tax return Form I-9 is also available from the USCIS website at www. How to amend federal tax return uscis. How to amend federal tax return gov. How to amend federal tax return You can also contact the USCIS at 1-800-375-5283 for more information. How to amend federal tax return New hire reporting. How to amend federal tax return   You are required to report any new employee to a designated state new hire registry. How to amend federal tax return Many states accept a copy of Form W-4 with employer information added. How to amend federal tax return Visit the Office of Child Support Enforcement website at www. How to amend federal tax return acf. How to amend federal tax return hhs. How to amend federal tax return gov/programs/cse/newhire for more information. How to amend federal tax return Family Employees Generally, the wages you pay to family members who are your employees are subject to employment taxes. How to amend federal tax return However, certain exemptions may apply to wages paid to your child, spouse, or parent. How to amend federal tax return Exemptions for your child. How to amend federal tax return   Payments for the services of your child under age 18 who works for you in your trade or business (including a farm) are not subject to social security and Medicare taxes. How to amend federal tax return However, see Nonexempt services of a child or spouse , later. How to amend federal tax return Payments for the services of your child under age 21 employed by you in other than a trade or business, such as payments for household services in your home, are also not subject to social security or Medicare taxes. How to amend federal tax return Payments for the services of your child under age 21 employed by you, whether or not in your trade or business, are not subject to FUTA tax. How to amend federal tax return Although not subject to social security, Medicare, or FUTA tax, the child's wages still may be subject to federal income tax withholding. How to amend federal tax return Exemptions for your spouse. How to amend federal tax return   Payments for the services of your spouse who works for you in your trade or business are subject to federal income tax withholding and social security and Medicare taxes, but not FUTA tax. How to amend federal tax return   Payments for the services of your spouse employed by you in other than a trade or business, such as payments for household services in your home, are not subject to social security, Medicare, or FUTA taxes. How to amend federal tax return Nonexempt services of a child or spouse. How to amend federal tax return   Payments for the services of your child or spouse are subject to federal income tax withholding as well as social security, Medicare, and FUTA taxes if he or she works for any of the following entities. How to amend federal tax return A corporation, even if it is controlled by you. How to amend federal tax return A partnership, even if you are a partner. How to amend federal tax return This does not apply to wages paid to your child if each partner is a parent of the child. How to amend federal tax return An estate or trust, even if it is the estate of a deceased parent. How to amend federal tax return In these situations, the child or spouse is considered to work for the corporation, partnership, or estate, not you. How to amend federal tax return Exemptions for your parent. How to amend federal tax return   Payments for the services of your parent employed by you in your trade or business are subject to federal income tax withholding and social security and Medicare taxes. How to amend federal tax return Social security and Medicare taxes do not apply to wages paid to your parent for services not in your trade or business, but they do apply to payments for household services in your home if both the following conditions are satisfied. How to amend federal tax return You have a child living in your home who is under age 18 or has a physical or mental condition that requires care by an adult for at least 4 continuous weeks in a calendar quarter. How to amend federal tax return You are a widow or widower; or divorced and not remarried; or have a spouse in the home who, because of a physical or mental condition, cannot care for your child for at least 4 continuous weeks in the quarter. How to amend federal tax return   Wages you pay to your parent are not subject to FUTA tax, regardless of the type of services provided. How to amend federal tax return Qualified joint venture. How to amend federal tax return   If spouses elect to be treated as a qualified joint venture instead of a partnership, either spouse may report and pay the employment taxes due on the wages paid to employees using the EIN of that spouse's sole proprietorship. How to amend federal tax return For more information about qualified joint ventures, see chapter 12. How to amend federal tax return Crew Leaders If farmworkers are provided by a crew leader, the crew leader may be the employer of the workers. How to amend federal tax return Social security and Medicare taxes. How to amend federal tax return   For social security and Medicare tax purposes, the crew leader is the employer of the workers if both of the following requirements are met. How to amend federal tax return The crew leader pays (either on his or her own behalf or on behalf of the farmer) the workers for their farm labor. How to amend federal tax return The crew leader has not entered into a written agreement with the farmer under which the crew leader is designated as an employee of the farmer. How to amend federal tax return Federal income tax withholding. How to amend federal tax return   If the crew leader is the employer for social security and Medicare tax purposes, the crew leader is the employer for federal income tax withholding purposes. How to amend federal tax return Federal unemployment (FUTA) tax. How to amend federal tax return   For FUTA tax purposes, the crew leader is the employer of the workers if, in addition to the earlier requirements, either of the following requirements are met. How to amend federal tax return The crew leader is registered under the Migrant and Seasonal Agricultural Worker Protection Act. How to amend federal tax return Substantially all crew members operate or maintain mechanized equipment provided by the crew leader as part of the service to the farmer. How to amend federal tax return   The farmer is the employer of workers furnished by a crew leader in all other situations. How to amend federal tax return In addition, the farmer is the employer of workers furnished by a registered crew leader if the workers are the employees of the farmer under the common-law test. How to amend federal tax return For example, some farmers employ individuals to recruit farmworkers exclusively for them. How to amend federal tax return Although these individuals may be required to register under the Migrant and Seasonal Agricultural Worker Protection Act, the workers are employed directly by the farmer. How to amend federal tax return The farmer is the employer in these cases. How to amend federal tax return For information about common-law employees, see section 1 of Publication 15-A. How to amend federal tax return For information about crew leaders, see the Department of Labor website at www. How to amend federal tax return dol. How to amend federal tax return gov/whd/regs/compliance/whdfs49. How to amend federal tax return htm. How to amend federal tax return Social Security and Medicare Taxes All cash wages you pay to an employee during the year for farmwork are subject to social security and Medicare taxes if you meet either of the following tests. How to amend federal tax return You pay the employee $150 or more in cash wages (count all wages paid on a time, piecework, or other basis) during the year for farmwork (the $150 test). How to amend federal tax return The $150 test applies separately to each farmworker that you employ. How to amend federal tax return If you employ a family of workers, each member is treated separately. How to amend federal tax return Do not count wages paid by other employers. How to amend federal tax return You pay cash and noncash wages of $2,500 or more during the year to all your employees for farmwork (the $2,500 test). How to amend federal tax return If the $2,500 test for the group is not met, the $150 test for an employee still applies. How to amend federal tax return Exceptions. How to amend federal tax return   Annual cash wages of less than $150 you pay to a seasonal farmworker are not subject to social security and Medicare taxes, even if you pay $2,500 or more to all your farmworkers. How to amend federal tax return However, these wages count toward the $2,500 test for determining whether other farmworkers' wages are subject to social security and Medicare taxes. How to amend federal tax return   A seasonal farmworker is a worker who: Works as a hand-harvest laborer, Is paid piece rates in an operation usually paid on this basis in the region of employment, Commutes daily from his or her permanent home to the farm, and Worked in agriculture less than 13 weeks in the preceding calendar year. How to amend federal tax return   See Family Employees , earlier, for certain exemptions from social security and Medicare taxes that apply to your child, spouse, and parent. How to amend federal tax return Religious exemption. How to amend federal tax return   An exemption from social security and Medicare taxes is available to members of a recognized religious group or division opposed to public insurance. How to amend federal tax return This exemption is available only if both the employee and the employer are members of the group or division. How to amend federal tax return   For more information, see Publication 517, Social Security and Other Information for Members of the Clergy and Religious Workers. How to amend federal tax return Cash wages. How to amend federal tax return   Only cash wages paid to farmworkers are subject to social security and Medicare taxes. How to amend federal tax return Cash wages include checks, money orders, and any kind of money or cash. How to amend federal tax return   Only cash wages subject to social security and Medicare taxes are credited to your employees for social security benefit purposes. How to amend federal tax return Payments not subject to these taxes, such as commodity wages, do not contribute to your employees' social security coverage. How to amend federal tax return For information about social security benefits, contact the SSA at 1-800-772-1213 or online at www. How to amend federal tax return socialsecurity. How to amend federal tax return gov. How to amend federal tax return Noncash wages. How to amend federal tax return    Noncash wages include food, lodging, clothing, transportation passes, and other goods and services. How to amend federal tax return Noncash wages paid to farmworkers, including commodity wages, are not subject to social security and Medicare taxes. How to amend federal tax return However, they are subject to these taxes if the substance of the transaction is a cash payment. How to amend federal tax return For information on lodging provided as a condition of employment, see Publication 15-B. How to amend federal tax return   Report the value of noncash wages in box 1 of Form W-2 together with cash wages. How to amend federal tax return Do not show noncash wages in box 3 or in box 5, (unless the substance of the transaction is a cash payment). How to amend federal tax return Tax rates and social security wage limit. How to amend federal tax return   For 2013, the employer and the employee will pay the following taxes. How to amend federal tax return The employer and employee each pay 6. How to amend federal tax return 2% of cash wages for social security tax (old-age, survivors, and disability insurance). How to amend federal tax return The employer and employee each pay 1. How to amend federal tax return 45% of cash wages for Medicare tax (hospital insurance). How to amend federal tax return The employee pays 0. How to amend federal tax return 9% of cash wages in excess of $200,000 for Additional Medicare Tax. How to amend federal tax return Wage limit. How to amend federal tax return   The limit on wages subject to the social security tax for 2013 is $113,700. How to amend federal tax return There is no limit on wages subject to the Medicare tax. How to amend federal tax return All covered wages are subject to the Medicare tax. How to amend federal tax return Additionally, all wages in excess of $200,000 are subject to Additional Medicare Tax withholding. How to amend federal tax return Paying employee's share. How to amend federal tax return   If you would rather pay the employee's share of social security and Medicare taxes without deducting it from his or her wages, you may do so. How to amend federal tax return It is additional income to the employee. How to amend federal tax return You must include it in box 1 of the employee's Form W-2, but do not count it as social security and Medicare wages (boxes 3 and 5 on Form W-2) or as wages for federal unemployment (FUTA) tax purposes. How to amend federal tax return Example. How to amend federal tax return Jane operates a small family fruit farm. How to amend federal tax return She employs day laborers in the picking season to enable her to timely get her crop to market. How to amend federal tax return She does not deduct the employees' share of social security and Medicare taxes from their pay; instead, she pays it on their behalf. How to amend federal tax return When her accountant, Susan, prepares the employees' Forms W-2, she adds each employee's share of social security and Medicare taxes paid by Jane to the employee's wage income (box 1 of Form W-2), but does not include it in box 3 (social security wages) or box 5 (Medicare wages and tips). How to amend federal tax return For 2013, Jane paid Mary $1,000 during the year. How to amend federal tax return Susan enters $1,076. How to amend federal tax return 50 in box 1 of Mary's Form W-2 ($1,000 wages plus $76. How to amend federal tax return 50 social security and Medicare taxes paid for Mary). How to amend federal tax return She enters $1,000 in boxes 3 and 5 of Mary's Form W-2. How to amend federal tax return Additional Medicare Tax. How to amend federal tax return   In addition to withholding Medicare tax at 1. How to amend federal tax return 45%, you must withhold a 0. How to amend federal tax return 9% Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. How to amend federal tax return You are required to begin withholding Additional Medicare Tax in the pay period in which you pay wages in excess of $200,000 to an employee and continue to withhold it each pay period until the end of the calendar year. How to amend federal tax return Additional Medicare Tax is only imposed on the employee. How to amend federal tax return There is no employer share of Additional Medicare Tax. How to amend federal tax return All wages that are subject to Medicare tax are subject to Additional Medicare Tax withholding if paid in excess of the $200,000 threshold. How to amend federal tax return   For more information on what wages are subject to Medicare tax, see the chart, Special Rules for Various Types of Services and Payments, in section 15 of Publication 15 (Circular E). How to amend federal tax return For more information on Additional Medicare Tax, visit IRS. How to amend federal tax return gov and enter “Additional Medicare Tax” in the search box. How to amend federal tax return Federal Income Tax Withholding If the cash wages you pay to farmworkers are subject to social security and Medicare taxes, they are also subject to federal income tax withholding. How to amend federal tax return Although noncash wages are subject to federal income tax, withhold income tax only if you and the employee agree to do so. How to amend federal tax return The amount to withhold is figured on gross wages without taking out social security and Medicare taxes, union dues, insurance, etc. How to amend federal tax return Form W-4. How to amend federal tax return   Generally, the amount of federal income tax you withhold is based on the employee's marital status and withholding allowances claimed on the employee's Form W-4. How to amend federal tax return In general, an employee can claim withholding allowances on Form W-4 equal to the number of exemptions the employee will be entitled to claim on his or her tax return. How to amend federal tax return An employee may also be able to claim a special withholding allowance and allowances for estimated deductions and credits. How to amend federal tax return   Do not withhold federal income tax from the wages of an employee who, by filing Form W-4, certifies that he or she had no federal income tax liability last year and anticipates no liability for the current year. How to amend federal tax return   You should give each new employee a Form W-4 as soon as you hire the employee. How to amend federal tax return For Spanish-speaking employees, you may use Formulario W-4(SP) which is the Spanish translation of Form W-4. How to amend federal tax return Have the employee complete and return the form to you before the first payday. How to amend federal tax return If the employee does not return the completed form, you must withhold federal income tax as if the employee is single and claims no withholding allowances. How to amend federal tax return New Form W-4 for 2014. How to amend federal tax return   You should make the 2014 Form W-4 available to your employees and encourage them to check their income tax withholding for 2014. How to amend federal tax return Those employees who owed a large amount of tax or received a large refund for 2013 may want to submit a new Form W-4. How to amend federal tax return You cannot accept substitute Forms W-4 developed by employees. How to amend federal tax return How to figure withholding. How to amend federal tax return   You can use one of several methods to determine the amount to withhold. How to amend federal tax return The methods are described in Publication 51 (Circular A), which contains tables showing the correct amount of federal income tax you should withhold. How to amend federal tax return Publication 51 (Circular A) also contains additional information about federal income tax withholding. How to amend federal tax return Nonemployee compensation. How to amend federal tax return   Generally, you do not have to withhold federal income tax on payments for services to individuals who are not your employees. How to amend federal tax return However, you may be required to report these payments on Form 1099-MISC, Miscellaneous Income, and to withhold under the backup withholding rules. How to amend federal tax return For more information, see the Instructions for Form 1099-MISC. How to amend federal tax return Required Notice to Employees About Earned Income Credit (EIC) You must provide notification about EIC to each employee who worked for you at any time during the year and from whom you did not withhold any federal income tax. How to amend federal tax return However, you do not have to notify employees who claim exemption from federal income tax withholding on Form W-4. How to amend federal tax return You meet the notification requirement by giving each employee any of the following. How to amend federal tax return Form W-2, which contains EIC notification on the back of Copy B. How to amend federal tax return A substitute Form W-2 with the exact EIC wording shown on the back of copy B of Form W-2. How to amend federal tax return Notice 797, Possible Federal Tax Refund Due to the Earned Income Credit (EIC). How to amend federal tax return Your own written statement with the exact wording of Notice 797. How to amend federal tax return For more information, see Publication 51 (Circular A). How to amend federal tax return Reporting and Paying Social Security, Medicare, and Withheld Federal Income Taxes You must withhold federal income, social security, and Medicare taxes required to be withheld from the salaries and wages of your employees. How to amend federal tax return You are liable for the payment of these taxes to the federal government whether or not you collect them from your employees. How to amend federal tax return If, for example, you withhold less than the correct tax from an employee's wages, you are still liable for the full amount. How to amend federal tax return You must also pay the employer's share of social security and Medicare taxes. How to amend federal tax return There is no employer share of Additional Medicare Tax. How to amend federal tax return Form 943. How to amend federal tax return   Report withheld federal income tax, social security tax, and Medicare tax on Form 943. How to amend federal tax return Your 2013 Form 943 is due by January 31, 2014 (or February 10, 2014, if you made deposits on time in full payment of the taxes due for the year). How to amend federal tax return Deposits. How to amend federal tax return   Generally, you must deposit both the employer and employee shares of social security and Medicare taxes and federal income tax withheld during the year. How to amend federal tax return However, you may make payments with Form 943 instead of depositing them if you accumulate less than a $2,500 tax liability (“Total taxes after adjustments” line on Form 943) during the year and you pay in full with a timely filed return. How to amend federal tax return   For more information on deposit rules, see Publication 51 (Circular A). How to amend federal tax return Electronic deposit requirement. How to amend federal tax return   You must use electronic funds transfer to make all federal tax deposits. How to amend federal tax return Generally, electronic funds transfers are made using EFTPS. How to amend federal tax return If you do not want to use EFTPS, you can arrange for your tax professional, financial institution, payroll service, or other trusted third party to make electronic deposits on your behalf. How to amend federal tax return Also, you may arrange for your financial institution to initiate a same-day wire payment on your behalf. How to amend federal tax return EFTPS is a free service provided by the Department of Treasury. How to amend federal tax return Services provided by your tax professional, financial institution, payroll service, or other third party may have a fee. How to amend federal tax return   For more information on making federal tax deposits, see section 7 of Publication 51 (Circular A). How to amend federal tax return To get more information about EFTPS or to enroll in EFTPS, visit www. How to amend federal tax return eftps. How to amend federal tax return gov or call 1-800-555-4477 or 1-800-733-4829 (TDD). How to amend federal tax return Additional information about EFTPS is also available in Publication 966. How to amend federal tax return Form W-2. How to amend federal tax return   By January 31, you must furnish each employee a Form W-2 showing total wages for the previous year and total federal income tax, social security tax, and Medicare tax withheld. How to amend federal tax return However, if an employee stops working for you and requests the form earlier, you must give it to the employee within 30 days of the later of the following dates. How to amend federal tax return The date the employee requests the form. How to amend federal tax return The date you make your final payment of wages to the employee. How to amend federal tax return Compensation paid to H-2A visa holders. How to amend federal tax return   Report compensation of $600 or more paid to foreign agricultural workers who entered the country on H-2A visas in box 1 of Form W-2. How to amend federal tax return Compensation paid to H-2A workers for agricultural labor performed in connection with this visa is not subject to social security and Medicare taxes, and therefore should not be reported as wages subject to social security tax (line 2), Medicare tax (line 4), or Additional Medicare Tax (line 6) on Form 943, and should not be reported as social security wages (box 3) or Medicare wages (box 5) on Form W-2. How to amend federal tax return   An employer is not required to withhold federal income tax from compensation it pays to an H-2A worker for agricultural labor performed in connection with this visa unless the worker asks for withholding and the employer agrees. How to amend federal tax return In this case, the worker must give the employer a completed Form W-4. How to amend federal tax return Federal income tax withheld should be reported on Form 943, line 8, and in box 2 of Form W-2. How to amend federal tax return   These reporting rules apply when the H-2A worker provides his or her taxpayer identification number (TIN) to the employer. How to amend federal tax return For the rules relating to backup withholding and reporting when the H-2A worker does not provide a TIN, see the Instructions for Form 1099-MISC and the Instructions for Form 945. How to amend federal tax return Trust fund recovery penalty. How to amend federal tax return   If you are responsible for withholding, accounting for, depositing, or paying federal withholding taxes and willfully fail to do so, you can be held liable for a penalty equal to the withheld tax not paid. How to amend federal tax return A responsible person can be an officer of a corporation, a partner, a sole proprietor, or an employee of any form of business. How to amend federal tax return A trustee or agent with authority over the funds of the business can also be held responsible for the penalty. How to amend federal tax return   Willfully means voluntarily, consciously, and intentionally. How to amend federal tax return Paying other expenses of the business instead of the taxes due is acting willfully. How to amend federal tax return Consequences of treating an employee as an independent contractor. How to amend federal tax return   If you classify an employee as an independent contractor and you have no reasonable basis for doing so, you may be held liable for employment taxes for that worker. How to amend federal tax return See Publication 15-A for more information. How to amend federal tax return Federal Unemployment (FUTA) Tax You must pay FUTA tax if you meet either of the following tests. How to amend federal tax return You paid cash wages of $20,000 or more to farmworkers in any calendar quarter during the current or preceding calendar year. How to amend federal tax return You employed 10 or more farmworkers for some part of at least 1 day during any 20 or more different calendar weeks during the current or preceding calendar year. How to amend federal tax return These rules do not apply to exempt services of your spouse, your parents, or your children under age 21. How to amend federal tax return See Family Employees , earlier. How to amend federal tax return Alien farmworkers. How to amend federal tax return   Wages paid to aliens admitted on a temporary basis to the United States to perform farmwork (also known as “H-2A visa workers”) are exempt from FUTA tax. How to amend federal tax return However, include your employment of these workers and the wages you paid them to determine whether you meet either of the above tests. How to amend federal tax return Commodity wages. How to amend federal tax return   Payments in kind for farm labor are not cash wages. How to amend federal tax return Do not count them to figure whether you are subject to FUTA tax or to figure how much tax you owe. How to amend federal tax return Tax rate and credit. How to amend federal tax return   The gross FUTA tax rate is 6. How to amend federal tax return 0% of the first $7,000 cash wages you pay to each employee during the year. How to amend federal tax return However, you are given a credit of up to 5. How to amend federal tax return 4% of the first $7,000 cash wages you pay to each employee for the state unemployment tax you pay. How to amend federal tax return If your state tax rate (experience rate) is less than 5. How to amend federal tax return 4%, you may still be allowed the full 5. How to amend federal tax return 4% credit. How to amend federal tax return   If you do not pay the state tax, you cannot take the credit. How to amend federal tax return If you are exempt from state unemployment tax for any reason, the full 6. How to amend federal tax return 0% rate applies. How to amend federal tax return See the Instructions for Form 940 for additional information. How to amend federal tax return More information. How to amend federal tax return   For more information on FUTA tax, see Publication 51 (Circular A). How to amend federal tax return Reporting and Paying FUTA Tax The FUTA tax is imposed on you as the employer. How to amend federal tax return It must not be collected or deducted from the wages of your employees. How to amend federal tax return Form 940. How to amend federal tax return   Report FUTA tax on Form 940. How to amend federal tax return The 2013 Form 940 is due January 31, 2014 (or February 10, 2014, if you timely deposited the full amount of your 2013 FUTA tax). How to amend federal tax return Deposits. How to amend federal tax return   If at the end of any calendar quarter you owe, but have not yet deposited, more than $500 in FUTA tax for the year, you must make a deposit by the end of the following month. How to amend federal tax return If the undeposited tax is $500 or less at the end of a quarter, you do not have to deposit it. How to amend federal tax return You can add it to the tax for the next quarter. How to amend federal tax return If the total undeposited tax is more than $500 at the end of the next quarter, a deposit will be required. How to amend federal tax return If the total undeposited tax at the end of the 4th quarter is $500 or less, you can either make a deposit or pay it with your return by the January 31, 2014, due date. How to amend federal tax return Electronic deposit requirement. How to amend federal tax return   You must use electronic funds transfer to make all federal tax deposits. How to amend federal tax return Generally, electronic funds transfers are made using EFTPS. How to amend federal tax return If you do not want to use EFTPS, you can arrange for your tax professional, financial institution, payroll service, or other trusted third party to make electronic deposits on your behalf. How to amend federal tax return Also, you may arrange for your financial institution to initiate a same-day wire payment on your behalf. How to amend federal tax return EFTPS is a free service provided by the Department of Treasury. How to amend federal tax return Services provided by your tax professional, financial institution, payroll service, or other third party may have a fee. How to amend federal tax return   For more information on making federal tax deposits, see section 7 of Publication 51 (Circular A). How to amend federal tax return To get more information about EFTPS or to enroll in EFTPS, visit www. How to amend federal tax return eftps. How to amend federal tax return gov or call 1-800-555-4477 or 1-800-733-4829 (TDD). How to amend federal tax return Additional information about EFTPS is also available in Publication 966. How to amend federal tax return Prev  Up  Next   Home   More Online Publications