Filing Your Taxes Online is Fast, Easy and Secure.
Start now and receive your tax refund in as little as 7 days.
1. Get Answers
Your online questions are customized to your unique tax situation.
2. Maximize your Refund
Find tax credits for everything from school tuition to buying a hybri
3. E-File for FREE
E-file free with direct deposit to get your refund in as few as 7 days.
Filing your taxes with paper mail can be difficult and it could take weeks for your refund to arrive. IRS e-file is easy, fast and secure. There is no paperwork going to the IRS so tax refunds can be processed in as little as 7 days with direct deposit. As you prepare your taxes online, you can see your tax refund in real time.
FREE audit support and representation from an enrolled agent – NEW and only from H&R Block
© 2010 - 2018 Irs Amendment
Irs AmendmentFree Tax Filing Hr BlockVita Irs OrgTurbo Tax 1040nrHr Block Free MilitaryCan 1040x Filed ElectronicallyFile Federal And State Taxes Free1040 Ez OnlineTurbo State Tax FreeTurbo Tax 1040ezFile 2012 Tax ReturnsWhere Can I Efile My State Taxes For FreeIrs 1040x Form InstructionsHow To File Taxes On UnemploymentEasy 10401040ez Fill In FormHrblockonlineFree Tax Preparation Services1080ez2012 Amended Tax ReturnIrs Forms 1040xFile 1040ezFiling 2012 Taxes Late OnlineFiling 2012 TaxesForm 1040ez 2012Hr Block Free Tax Filing2012 Irs Tax FormsFree Tax FileFree Tax OnlineWww Irs Gov Form 1040xTax 2012State Free Tax ReturnFree Tax UsaTax Form 1040Free Efile For State And Federal1040x CalculatorHow Do I File An Amended Tax Return For 20091040ez WorksheetFile Free State Taxes OnlyState Taxes Online For FreeIrs.gov 1040x Form
Irs AmendmentIrs amendment 3. Irs amendment Exclusions From Gross Income Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Resident AliensForeign Earned Income and Housing Amount Nonresident AliensInterest Income Dividend Income Services Performed for Foreign Employer Gambling Winnings From Dog or Horse Racing Gain From the Sale of Your Main Home Scholarships and Fellowship GrantsExpenses that do not qualify. Irs amendment Introduction Resident and nonresident aliens are allowed exclusions from gross income if they meet certain conditions. Irs amendment An exclusion from gross income is generally income you receive that is not included in your U. Irs amendment S. Irs amendment income and is not subject to U. Irs amendment S. Irs amendment tax. Irs amendment This chapter covers some of the more common exclusions allowed to resident and nonresident aliens. Irs amendment Topics - This chapter discusses: Nontaxable interest, Nontaxable dividends, Certain compensation paid by a foreign employer, Gain from sale of home, and Scholarships and fellowship grants. Irs amendment Useful Items - You may want to see: Publication 54 Tax Guide for U. Irs amendment S. Irs amendment Citizens and Resident Aliens Abroad 523 Selling Your Home See chapter 12 for information about getting these publications. Irs amendment Resident Aliens Resident aliens may be able to exclude the following items from their gross income. Irs amendment Foreign Earned Income and Housing Amount If you are physically present in a foreign country or countries for at least 330 full days during any period of 12 consecutive months, you may qualify for the foreign earned income exclusion. Irs amendment The exclusion is $97,600 in 2013. Irs amendment In addition, you may be able to exclude or deduct certain foreign housing amounts. Irs amendment You may also qualify if you are a bona fide resident of a foreign country and you are a citizen or national of a country with which the United States has an income tax treaty. Irs amendment For more information, see Publication 54. Irs amendment Foreign country. Irs amendment A foreign country is any territory under the sovereignty of a government other than that of the United States. Irs amendment The term “foreign country” includes the country's territorial waters and airspace, but not international waters and the airspace above them. Irs amendment It also includes the seabed and subsoil of those submarine areas adjacent to the country's territorial waters over which it has exclusive rights under international law to explore and exploit the natural resources. Irs amendment The term “foreign country” does not include U. Irs amendment S. Irs amendment possessions or territories. Irs amendment It does not include the Antarctic region. Irs amendment Nonresident Aliens Nonresident aliens can exclude the following items from their gross income. Irs amendment Interest Income Interest income that is not connected with a U. Irs amendment S. Irs amendment trade or business is excluded from income if it is from: Deposits (including certificates of deposit) with persons in the banking business, Deposits or withdrawable accounts with mutual savings banks, cooperative banks, credit unions, domestic building and loan associations, and other savings institutions chartered and supervised as savings and loan or similar associations under federal or state law (if the interest paid or credited can be deducted by the association), and Amounts held by an insurance company under an agreement to pay interest on them. Irs amendment State and local government obligations. Irs amendment Interest on obligations of a state or political subdivision, the District of Columbia, or a U. Irs amendment S. Irs amendment possession, generally is not included in income. Irs amendment However, interest on certain private activity bonds, arbitrage bonds, and certain bonds not in registered form is included in income. Irs amendment Portfolio interest. Irs amendment Interest and original issue discount that qualifies as portfolio interest is not subject to NRA withholding. Irs amendment To qualify as portfolio interest, the interest must be paid on obligations issued after July 18, 1984, and otherwise subject to NRA withholding. Irs amendment Note. Irs amendment For obligations issued after March 18, 2012, portfolio interest does not include interest paid on debt that is not in registered form. Irs amendment Before March 19, 2012, portfolio interest included interest on certain registered and nonregistered (bearer) bonds if the obligations meet the requirements described below. Irs amendment Obligations in registered form. Irs amendment Portfolio interest includes interest paid on an obligation that is in registered form, and for which you have received documentation that the beneficial owner of the obligation is not a United States person. Irs amendment Generally, an obligation is in registered form if: (i) the obligation is registered as to both principal and any stated interest with the issuer (or its agent) and any transfer of the obligation may be effected only by surrender of the old obligation and reissuance to the new holder; (ii) the right to principal and stated interest with respect to the obligation may be transferred only through a book entry system maintained by the issuer or its agent; or (iii) the obligation is registered as to both principal and stated interest with the issuer or its agent and can be transferred both by surrender and reissuance and through a book entry system. Irs amendment An obligation that would otherwise be considered to be in registered form is not considered to be in registered form as of a particular time if it can be converted at any time in the future into an obligation that is not in registered form. Irs amendment For more information on whether obligations are considered to be in registered form, see Portfolio interest in Publication 515. Irs amendment Obligations not in registered form. Irs amendment For obligations issued before March 19, 2012, interest on an obligation that is not in registered form (bearer obligation) is portfolio interest if the obligation is foreign-targeted. Irs amendment A bearer obligation is foreign-targeted if: There are arrangements to ensure that the obligation will be sold, or resold in connection with the original issue, only to a person who is not a United States person, Interest on the obligation is payable only outside the United States and its possessions, and The face of the obligation contains a statement that any United States person who holds the obligation will be subject to limits under the United States income tax laws. Irs amendment Documentation is not required for interest on bearer obligations to qualify as portfolio interest. Irs amendment In some cases, however, you may need documentation for purposes of Form 1099 reporting and backup withholding. Irs amendment Interest that does not qualify as portfolio interest. Irs amendment Payments to certain persons and payments of contingent interest do not qualify as portfolio interest. Irs amendment You must withhold at the statutory rate on such payments unless some other exception, such as a treaty provision, applies. Irs amendment Contingent interest. Irs amendment Portfolio interest does not include contingent interest. Irs amendment Contingent interest is either of the following: Interest that is determined by reference to: Any receipts, sales, or other cash flow of the debtor or related person, Income or profits of the debtor or related person, Any change in value of any property of the debtor or a related person, or Any dividend, partnership distributions, or similar payments made by the debtor or a related person. Irs amendment For exceptions, see Internal Revenue Code section 871(h)(4)(C). Irs amendment Any other type of contingent interest that is identified by the Secretary of the Treasury in regulations. Irs amendment Related persons. Irs amendment Related persons include the following. Irs amendment Members of a family, including only brothers, sisters, half-brothers, half-sisters, spouse, ancestors (parents, grandparents, etc. Irs amendment ), and lineal descendants (children, grandchildren, etc. Irs amendment ). Irs amendment Any person who is a party to any arrangement undertaken for the purpose of avoiding the contingent interest rules. Irs amendment Certain corporations, partnerships, and other entities. Irs amendment For details, see Nondeductible Loss in chapter 2 of Publication 544. Irs amendment Exception for existing debt. Irs amendment Contingent interest does not include interest paid or accrued on any debt with a fixed term that was issued: On or before April 7, 1993, or After April 7, 1993, pursuant to a written binding contract in effect on that date and at all times thereafter before that debt was issued. Irs amendment Dividend Income The following dividend income is exempt from the 30% tax. Irs amendment Certain dividends paid by foreign corporations. Irs amendment There is no 30% tax on U. Irs amendment S. Irs amendment source dividends you receive from a foreign corporation. Irs amendment See Second exception under Dividends in chapter 2 for how to figure the amount of U. Irs amendment S. Irs amendment source dividends. Irs amendment Certain interest-related dividends. Irs amendment There is no 30% tax on interest-related dividends from sources within the United States that you receive from a mutual fund or other regulated investment company in 2013. Irs amendment The mutual fund will designate in writing which dividends are interest-related dividends. Irs amendment Certain short-term capital gain dividends. Irs amendment There may not be any 30% tax on certain short-term capital gain dividends from sources within the United States that you receive from a mutual fund or other regulated investment company. Irs amendment The mutual fund will designate in writing which dividends are short-term capital gain dividends. Irs amendment This tax relief will not apply to you if you are present in the United States for 183 days or more during your tax year. Irs amendment Services Performed for Foreign Employer If you were paid by a foreign employer, your U. Irs amendment S. Irs amendment source income may be exempt from U. Irs amendment S. Irs amendment tax, but only if you meet one of the situations discussed next. Irs amendment Employees of foreign persons, organizations, or offices. Irs amendment Income for personal services performed in the United States as a nonresident alien is not considered to be from U. Irs amendment S. Irs amendment sources and is tax exempt if you meet all three of the following conditions. Irs amendment You perform personal services as an employee of or under a contract with a nonresident alien individual, foreign partnership, or foreign corporation, not engaged in a trade or business in the United States; or you work for an office or place of business maintained in a foreign country or possession of the United States by a U. Irs amendment S. Irs amendment corporation, a U. Irs amendment S. Irs amendment partnership, or a U. Irs amendment S. Irs amendment citizen or resident. Irs amendment You perform these services while you are a nonresident alien temporarily present in the United States for a period or periods of not more than a total of 90 days during the tax year. Irs amendment Your pay for these services is not more than $3,000. Irs amendment If you do not meet all three conditions, your income from personal services performed in the United States is U. Irs amendment S. Irs amendment source income and is taxed according to the rules in chapter 4. Irs amendment If your pay for these services is more than $3,000, the entire amount is income from a trade or business within the United States. Irs amendment To find if your pay is more than $3,000, do not include any amounts you get from your employer for advances or reimbursements of business travel expenses, if you were required to and did account to your employer for those expenses. Irs amendment If the advances or reimbursements are more than your expenses, include the excess in your pay for these services. Irs amendment A day means a calendar day during any part of which you are physically present in the United States. Irs amendment Example 1. Irs amendment During 2013, Henry Smythe, a nonresident alien from a nontreaty country, worked for an overseas office of a U. Irs amendment S. Irs amendment partnership. Irs amendment Henry, who uses the calendar year as his tax year, was temporarily present in the United States for 60 days during 2013 performing personal services for the overseas office of the partnership. Irs amendment That office paid him a total gross salary of $2,800 for those services. Irs amendment During 2013, he was not engaged in a trade or business in the United States. Irs amendment The salary is not considered U. Irs amendment S. Irs amendment source income and is exempt from U. Irs amendment S. Irs amendment tax. Irs amendment Example 2. Irs amendment The facts are the same as in Example 1, except that Henry's total gross salary for the services performed in the United States during 2013 was $4,500. Irs amendment He received $2,875 in 2013, and $1,625 in 2014. Irs amendment During 2013, he was engaged in a trade or business in the United States because the compensation for his personal services in the United States was more than $3,000. Irs amendment Henry's salary is U. Irs amendment S. Irs amendment source income and is taxed under the rules in chapter 4. Irs amendment Crew members. Irs amendment Compensation for services performed by a nonresident alien in connection with the individual's temporary presence in the United States as a regular crew member of a foreign vessel (for example, a boat or ship) engaged in transportation between the United States and a foreign country or U. Irs amendment S. Irs amendment possession is not U. Irs amendment S. Irs amendment source income and is exempt from U. Irs amendment S. Irs amendment tax. Irs amendment This exemption does not apply to compensation for services performed on foreign aircraft. Irs amendment Students and exchange visitors. Irs amendment Nonresident alien students and exchange visitors present in the United States under “F,” “J,” or “Q” visas can exclude from gross income pay received from a foreign employer. Irs amendment This group includes bona fide students, scholars, trainees, teachers, professors, research assistants, specialists, or leaders in a field of specialized knowledge or skill, or persons of similar description. Irs amendment It also includes the alien's spouse and minor children if they come with the alien or come later to join the alien. Irs amendment A nonresident alien temporarily present in the United States under a “J” visa includes an alien individual entering the United States as an exchange visitor under the Mutual Educational and Cultural Exchange Act of 1961. Irs amendment Foreign employer. Irs amendment A foreign employer is: A nonresident alien individual, foreign partnership, or foreign corporation, or An office or place of business maintained in a foreign country or in a U. Irs amendment S. Irs amendment possession by a U. Irs amendment S. Irs amendment corporation, a U. Irs amendment S. Irs amendment partnership, or an individual who is a U. Irs amendment S. Irs amendment citizen or resident. Irs amendment The term “foreign employer” does not include a foreign government. Irs amendment Pay from a foreign government that is exempt from U. Irs amendment S. Irs amendment income tax is discussed in chapter 10. Irs amendment Income from certain annuities. Irs amendment Do not include in income any annuity received under a qualified annuity plan or from a qualified trust exempt from U. Irs amendment S. Irs amendment income tax if you meet both of the following conditions. Irs amendment You receive the annuity only because: You performed personal services outside the United States while you were a nonresident alien, or You performed personal services inside the United States while you were a nonresident alien and you met the three conditions, described earlier, under Employees of foreign persons, organizations, or offices . Irs amendment At the time the first amount is paid as an annuity under the plan (or by the trust), 90% or more of the employees for whom contributions or benefits are provided under the annuity plan (or under the plan of which the trust is a part) are U. Irs amendment S. Irs amendment citizens or residents. Irs amendment If the annuity qualifies under condition (1) but not condition (2) above, you do not have to include the amount in income if: You are a resident of a country that gives a substantially equal exclusion to U. Irs amendment S. Irs amendment citizens and residents, or You are a resident of a beneficiary developing country under Title V of the Trade Act of 1974. Irs amendment If you are not sure whether the annuity is from a qualified annuity plan or qualified trust, ask the person who made the payment. Irs amendment Income affected by treaties. Irs amendment Income of any kind that is exempt from U. Irs amendment S. Irs amendment tax under a treaty to which the United States is a party is excluded from your gross income. Irs amendment Income on which the tax is only limited by treaty, however, is included in gross income. Irs amendment See chapter 9. Irs amendment Gambling Winnings From Dog or Horse Racing You can exclude from your gross income winnings from legal wagers initiated outside the United States in a parimutuel pool with respect to a live horse or dog race in the United States. Irs amendment Gain From the Sale of Your Main Home If you sold your main home, you may be able to exclude up to $250,000 of the gain on the sale of your home. Irs amendment If you are married and file a joint return, you may be able to exclude up to $500,000. Irs amendment For information on the requirements for this exclusion, see Publication 523. Irs amendment This exclusion does not apply to nonresident aliens who are subject to the expatriation tax rules discussed in chapter 4. Irs amendment Scholarships and Fellowship Grants If you are a candidate for a degree, you may be able to exclude from your income part or all of the amounts you receive as a qualified scholarship. Irs amendment The rules discussed here apply to both resident and nonresident aliens. Irs amendment If a nonresident alien receives a grant that is not from U. Irs amendment S. Irs amendment sources, it is not subject to U. Irs amendment S. Irs amendment tax. Irs amendment See Scholarships, Grants, Prizes, and Awards in chapter 2 to determine whether your grant is from U. Irs amendment S. Irs amendment sources. Irs amendment A scholarship or fellowship is excludable from income only if: You are a candidate for a degree at an eligible educational institution, and You use the scholarship or fellowship to pay qualified education expenses. Irs amendment Candidate for a degree. Irs amendment You are a candidate for a degree if you: Attend a primary or secondary school or are pursuing a degree at a college or university, or Attend an accredited educational institution that is authorized to provide: A program that is acceptable for full credit toward a bachelor's or higher degree, or A program of training to prepare students for gainful employment in a recognized occupation. Irs amendment Eligible educational institution. Irs amendment An eligible educational institution is one that maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where it carries on its educational activities. Irs amendment Qualified education expenses. Irs amendment These are expenses for: Tuition and fees required to enroll at or attend an eligible educational institution, and Course-related expenses, such as fees, books, supplies, and equipment that are required for the courses at the eligible educational institution. Irs amendment These items must be required of all students in your course of instruction. Irs amendment However, in order for these to be qualified education expenses, the terms of the scholarship or fellowship cannot require that it be used for other purposes, such as room and board, or specify that it cannot be used for tuition or course-related expenses. Irs amendment Expenses that do not qualify. Irs amendment Qualified education expenses do not include the cost of: Room and board, Travel, Research, Clerical help, or Equipment and other expenses that are not required for enrollment in or attendance at an eligible educational institution. Irs amendment This is true even if the fee must be paid to the institution as a condition of enrollment or attendance. Irs amendment Scholarship or fellowship amounts used to pay these costs are taxable. Irs amendment Amounts used to pay expenses that do not qualify. Irs amendment A scholarship amount used to pay any expense that does not qualify is taxable, even if the expense is a fee that must be paid to the institution as a condition of enrollment or attendance. Irs amendment Payment for services. Irs amendment You cannot exclude from income the portion of any scholarship, fellowship, or tuition reduction that represents payment for past, present, or future teaching, research, or other services. Irs amendment This is true even if all candidates for a degree are required to perform the services as a condition for receiving the degree. Irs amendment Example. Irs amendment On January 7, Maria Gomez is notified of a scholarship of $2,500 for the spring semester. Irs amendment As a condition for receiving the scholarship, Maria must serve as a part-time teaching assistant. Irs amendment Of the $2,500 scholarship, $1,000 represents payment for her services. Irs amendment Assuming that Maria meets all other conditions, she can exclude no more than $1,500 from income as a qualified scholarship. Irs amendment Prev Up Next Home More Online Publications
U.S. International Trade Commission
The International Trade Commission is a quasi-judicial body that investigates whether or not, and to what extent, an unfair trade practice harms U.S. businesses. When unfair trade practices are found to harm U.S. businesses, the Commission may implement corrective measures. The Commission also provides the President and Congress impartial information on international trade to inform trade policy.