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

Irs Gov File 2009 Taxes

1040 Easy FormH&r Block 2011 Tax ReturnFree Tax Preparation SitesIrs Form 1040ez 20111040ez2011Where Can I File Back Taxes Online1040 AmendmentMilitary Hr Block1040ez File Online FreeFree Tax Extension FormTaxact Online 2010Tax ReturnsCan I Amend My 2010 Tax ReturnFile Free 1040ezTaxslayer1040 Es Payment VoucherFree 2013 Federal & State Tax Preparation On LineDo You File Taxes If You Are UnemployedFile A 2012 Tax Return1040 Nr2013 1040ez Form InstructionsFree 2012 Tax HelpH&r Block EfileH&r Block At Home 2011 Deluxe Federal State EfilePrint Tax Form 1040xH&r Block Free Online TaxAmending 2011 Tax ReturnFree Online State TaxesAmended Us Tax Form 1040xCan You File Your 2011 Taxes To 2013 FilingEfile Online For Free TodayFree Irs Extension FormFree 2006 Tax SoftwareFile A Free Tax ExtensionFree E File Federal And State Tax ReturnHow To Fill Out 1040ezFree Tax CalculatorIrs Free Tax PreparationFill Out 1040ez1040 Short Form

Irs Gov File 2009 Taxes

Irs gov file 2009 taxes 4. Irs gov file 2009 taxes   Communications and Air Transportation Taxes Table of Contents Uncollected Tax Report Communications TaxLocal-only service. Irs gov file 2009 taxes Private communication service. Irs gov file 2009 taxes Exemptions Credits or Refunds Air Transportation TaxesTransportation of Persons by Air International Air Travel Facilities Transportation of Property by Air Special Rules on Transportation Taxes Excise taxes are imposed on amounts paid for certain facilities and services. Irs gov file 2009 taxes If you receive any payment on which tax is imposed, you are required to collect the tax, file returns, and pay the tax over to the government. Irs gov file 2009 taxes If you fail to collect and pay over the taxes, you may be liable for the trust fund recovery penalty. Irs gov file 2009 taxes See chapter 14, later. Irs gov file 2009 taxes Uncollected Tax Report A separate report is required to be filed by collecting agents of communications services and air transportation taxes if the person from whom the facilities or services tax (the tax) is required to be collected (the taxpayer) refuses to pay the tax, or it is impossible for the collecting agent to collect the tax. Irs gov file 2009 taxes The report must contain the name and address of the taxpayer, the type of facility provided or service rendered, the amount paid for the facility or service (the amount on which the tax is based), and the date paid. Irs gov file 2009 taxes Regular method taxpayers. Irs gov file 2009 taxes   For regular method taxpayers, the report must be filed by the due date of the Form 720 on which the tax would have been reported. Irs gov file 2009 taxes Alternative method taxpayers. Irs gov file 2009 taxes   For alternative method taxpayers, the report must be filed by the due date of the Form 720 that includes an adjustment to the separate account for the uncollected tax. Irs gov file 2009 taxes See Alternative method in  chapter 11. Irs gov file 2009 taxes Where to file. Irs gov file 2009 taxes    Do not file the uncollected tax report with Form 720. Irs gov file 2009 taxes Instead, mail the report to: Internal Revenue Service Excise Tax Program SE:S:SP:EX MS C9-109 5000 Ellin Rd. Irs gov file 2009 taxes  Lanham, MD 20706 Communications Tax A 3% tax is imposed on amounts paid for local telephone service and teletypewriter exchange service. Irs gov file 2009 taxes Local telephone service. Irs gov file 2009 taxes   This includes access to a local telephone system and the privilege of telephonic quality communication with most people who are part of the system. Irs gov file 2009 taxes Local telephone service also includes any facility or services provided in connection with this service. Irs gov file 2009 taxes The tax applies to lease payments for certain customer premises equipment (CPE) even though the lessor does not also provide access to a local telecommunications system. Irs gov file 2009 taxes Local-only service. Irs gov file 2009 taxes   Local-only service is local telephone service as described above, provided under a plan that does not include long distance telephone service or that separately states the charge for local service on the bill to customers. Irs gov file 2009 taxes Local-only service also includes any facility or services provided in connection with this service, even though these services and facilities may also be used with long-distance service. Irs gov file 2009 taxes Private communication service. Irs gov file 2009 taxes   Private communication service is not local telephone service. Irs gov file 2009 taxes Private communication service includes accessory-type services provided in connection with a Centrex, PBX, or other similar system for dual use accessory equipment. Irs gov file 2009 taxes However, the charge for the service must be stated separately from the charge for the basic system, and the accessory must function, in whole or in part, in connection with intercommunication among the subscriber's stations. Irs gov file 2009 taxes Teletypewriter exchange service. Irs gov file 2009 taxes   This includes access from a teletypewriter or other data station to a teletypewriter exchange system and the privilege of intercommunication by that station with most persons having teletypewriter or other data stations in the same exchange system. Irs gov file 2009 taxes Figuring the tax. Irs gov file 2009 taxes   The tax is based on the sum of all charges for local telephone service included in the bill. Irs gov file 2009 taxes However, if the bill groups individual items for billing and tax purposes, the tax is based on the sum of the individual items within that group. Irs gov file 2009 taxes The tax on the remaining items not included in any group is based on the charge for each item separately. Irs gov file 2009 taxes Do not include in the tax base state or local sales or use taxes that are separately stated on the taxpayer's bill. Irs gov file 2009 taxes Exemptions Payments for certain services or payments from certain users are exempt from the communications tax. Irs gov file 2009 taxes Nontaxable service. Irs gov file 2009 taxes   Nontaxable service means bundled service and long distance service. Irs gov file 2009 taxes Nontaxable service also includes pre-paid telephone cards and pre-paid cellular service. Irs gov file 2009 taxes Bundled service. Irs gov file 2009 taxes   Bundled service is local and long distance service provided under a plan that does not separately state the charge for the local telephone service. Irs gov file 2009 taxes Bundled service includes plans that provide both local and long distance service for either a flat monthly fee or a charge that varies with the elapsed transmission time for which the service is used. Irs gov file 2009 taxes Telecommunications companies provide bundled service for both landlines and wireless (cellular) service. Irs gov file 2009 taxes If Voice over Internet Protocol service provides both local and long distance service and the charges are not separately stated, such service is bundled service. Irs gov file 2009 taxes   The method for sending or receiving a call, such as on a landline telephone, wireless (cellular), or some other method, does not affect whether a service is local-only or bundled. Irs gov file 2009 taxes Long distance service. Irs gov file 2009 taxes   Long distance service is telephonic quality communication with persons whose telephones are outside the local telephone system of the caller. Irs gov file 2009 taxes Pre-paid telephone cards (PTC). Irs gov file 2009 taxes   A PTC will be treated as bundled service unless a PTC expressly states it is for local-only service. Irs gov file 2009 taxes Generally, the person responsible for collecting the tax is the carrier who transfers the PTC to the transferee. Irs gov file 2009 taxes The transferee is the first person that is not a carrier to whom a PTC is transferred by the carrier. Irs gov file 2009 taxes The transferee is the person liable for the tax and is eligible to request a credit or refund. Irs gov file 2009 taxes For more information, see Regulations section 49. Irs gov file 2009 taxes 4251-4. Irs gov file 2009 taxes   The holder is the person that purchases a PTC to use and not to resell. Irs gov file 2009 taxes Holders are not liable for the tax and cannot request a credit or refund. Irs gov file 2009 taxes Pre-paid cellular telephones. Irs gov file 2009 taxes   Rules similar to the PTC rules described above apply to pre-paid cellular telephones. Irs gov file 2009 taxes The transferee is the person eligible to request the credit or refund. Irs gov file 2009 taxes Installation charges. Irs gov file 2009 taxes   The tax does not apply to payments received for the installation of any instrument, wire, pole, switchboard, apparatus, or equipment. Irs gov file 2009 taxes However, the tax does apply to payments for the repair or replacement of those items incidental to ordinary maintenance. Irs gov file 2009 taxes Answering services. Irs gov file 2009 taxes   The tax does not apply to amounts paid for a private line, an answering service, and a one-way paging or message service if they do not provide access to a local telephone system and the privilege of telephonic communication as part of the local telephone system. Irs gov file 2009 taxes Mobile radio telephone service. Irs gov file 2009 taxes   The tax does not apply to payments for a two-way radio service that does not provide access to a local telephone system. Irs gov file 2009 taxes Coin-operated telephones. Irs gov file 2009 taxes   The tax for local telephone service does not apply to payments made for services by inserting coins in public coin-operated telephones. Irs gov file 2009 taxes But the tax applies if the coin-operated telephone service is furnished for a guaranteed amount. Irs gov file 2009 taxes Figure the tax on the amount paid under the guarantee plus any fixed monthly or other periodic charge. Irs gov file 2009 taxes Telephone-operated security systems. Irs gov file 2009 taxes   The tax does not apply to amounts paid for telephones used only to originate calls to a limited number of telephone stations for security entry into a building. Irs gov file 2009 taxes In addition, the tax does not apply to any amounts paid for rented communication equipment used in the security system. Irs gov file 2009 taxes News services. Irs gov file 2009 taxes   The tax on teletypewriter exchange service does not apply to charges for the following news services. Irs gov file 2009 taxes Services dealing exclusively with the collection or dissemination of news for or through the public press or radio or television broadcasting. Irs gov file 2009 taxes Services used exclusively in the collection or dissemination of news by a news ticker service furnishing a general news service similar to that of the public press. Irs gov file 2009 taxes This exemption applies to payments received for messages from one member of the news media to another member (or to or from their bona fide correspondents). Irs gov file 2009 taxes For the exemption to apply, the charge for these services must be billed in writing to the person paying for the service and that person must certify in writing that the services are used for an exempt purpose. Irs gov file 2009 taxes Services not exempted. Irs gov file 2009 taxes   The tax applies to amounts paid by members of the news media for local telephone service. Irs gov file 2009 taxes International organizations and the American Red Cross. Irs gov file 2009 taxes   The tax does not apply to communication services furnished to an international organization or to the American National Red Cross. Irs gov file 2009 taxes Nonprofit hospitals. Irs gov file 2009 taxes   The tax does not apply to telephone services furnished to income tax-exempt nonprofit hospitals for their use. Irs gov file 2009 taxes Also, the tax does not apply to amounts paid by these hospitals to provide local telephone service in the homes of their personnel who must be reached during their off-duty hours. Irs gov file 2009 taxes Nonprofit educational organizations. Irs gov file 2009 taxes   The tax does not apply to payments received for services and facilities furnished to a nonprofit educational organization for its use. Irs gov file 2009 taxes A nonprofit educational organization is one that satisfies all the following requirements. Irs gov file 2009 taxes It normally maintains a regular faculty and curriculum. Irs gov file 2009 taxes It normally has a regularly enrolled body of pupils or students in attendance at the place where its educational activities are regularly carried on. Irs gov file 2009 taxes It is exempt from income tax under section 501(a). Irs gov file 2009 taxes This includes a school operated by an organization exempt under section 501(c)(3) if the school meets the above qualifications. Irs gov file 2009 taxes Qualified blood collector organizations. Irs gov file 2009 taxes   The tax does not apply to telephone services furnished to qualified blood collector organizations for their use. Irs gov file 2009 taxes A qualified blood collector organization is one that is: Described in section 501(c)(3) and exempt from tax under section 501(a), Primarily engaged in the activity of collecting human blood, Registered with the IRS, and Registered by the Food and Drug Administration to collect blood. Irs gov file 2009 taxes Federal, state, and local government. Irs gov file 2009 taxes   The tax does not apply to communication services provided to the government of the United States, the government of any state or its political subdivisions, the District of Columbia, or the United Nations. Irs gov file 2009 taxes Treat an Indian tribal government as a state for the exemption from the communications tax only if the services involve the exercise of an essential tribal government function. Irs gov file 2009 taxes Exemption certificate. Irs gov file 2009 taxes   Any form of exemption certificate will be acceptable if it includes all the information required by the Internal Revenue Code and Regulations. Irs gov file 2009 taxes See Regulations section 49. Irs gov file 2009 taxes 4253-11. Irs gov file 2009 taxes File the certificate with the provider of the communication services. Irs gov file 2009 taxes An exemption certificate is not required for nontaxable services. Irs gov file 2009 taxes   The following users that are exempt from the communications tax do not have to file an annual exemption certificate after they have filed the initial certificate to claim an exemption from the communications tax. Irs gov file 2009 taxes The American National Red Cross and other international organizations. Irs gov file 2009 taxes Nonprofit hospitals. Irs gov file 2009 taxes Nonprofit educational organizations. Irs gov file 2009 taxes Qualified blood collector organizations. Irs gov file 2009 taxes State and local governments. Irs gov file 2009 taxes   The federal government does not have to file any exemption certificate. Irs gov file 2009 taxes   All other organizations must furnish exemption certificates when required. Irs gov file 2009 taxes Credits or Refunds If tax is collected and paid over for nontaxable services, or for certain services or users exempt from the communications tax, the collector or taxpayer may claim a credit or refund if it has repaid the tax to the person from whom the tax was collected or obtained the consent of that person to the allowance of the credit or refund. Irs gov file 2009 taxes Alternatively, the person who paid the tax may claim a refund. Irs gov file 2009 taxes For more information on how to file for credits or refunds, see the Instructions for Form 720 or Form 8849. Irs gov file 2009 taxes Collectors. Irs gov file 2009 taxes   The collector may request a credit or refund if it has repaid the tax to the person from whom the tax was collected, or obtained the consent of that person to the allowance of the credit or refund. Irs gov file 2009 taxes These requirements also apply to nontaxable service refunds. Irs gov file 2009 taxes Collectors using the regular method for deposits. Irs gov file 2009 taxes   Collectors using the regular method for deposits must use Form 720X to request a credit or refund if the collector has repaid the tax to the person from whom the tax was collected, or obtained the consent of that person to the allowance of the credit or refund. Irs gov file 2009 taxes Collectors using the alternative method for deposits. Irs gov file 2009 taxes   Collectors using the alternative method for deposits must adjust their separate accounts for the credit or refund if it has repaid the tax to the person from whom the tax was collected, or obtained the consent of that person to the allowance of the credit or refund. Irs gov file 2009 taxes For more information, see the Instructions for Form 720. Irs gov file 2009 taxes Air Transportation Taxes Taxes are imposed on amounts paid for: Transportation of persons by air, Use of international air travel facilities, and Transportation of property by air. Irs gov file 2009 taxes Transportation of Persons by Air The tax on transportation of persons by air is made up of the: Percentage tax, and Domestic-segment tax. Irs gov file 2009 taxes Percentage tax. Irs gov file 2009 taxes   A tax of 7. Irs gov file 2009 taxes 5% applies to amounts paid for taxable transportation of persons by air. Irs gov file 2009 taxes Amounts paid for transportation include charges for layover or waiting time and movement of aircraft in deadhead service. Irs gov file 2009 taxes Mileage awards. Irs gov file 2009 taxes   The percentage tax may apply to an amount paid (in cash or in kind) to an air carrier (or any related person) for the right to provide mileage awards for, or other reductions in the cost of, any transportation of persons by air. Irs gov file 2009 taxes For example, this applies to mileage awards purchased by credit card companies, telephone companies, restaurants, hotels, and other businesses. Irs gov file 2009 taxes   Generally, the percentage tax does not apply to amounts paid for mileage awards where the mileage awards cannot, under any circumstances, be redeemed for air transportation that is subject to the tax. Irs gov file 2009 taxes Until regulations are issued, the following rules apply to mileage awards. Irs gov file 2009 taxes Amounts paid for mileage awards that cannot be redeemed for taxable transportation beginning and ending in the United States are not subject to the tax. Irs gov file 2009 taxes For this rule, mileage awards issued by a foreign air carrier are considered to be usable only on that foreign air carrier and thus not redeemable for taxable transportation beginning and ending in the United States. Irs gov file 2009 taxes Therefore, amounts paid to a foreign air carrier for mileage awards are not subject to the tax. Irs gov file 2009 taxes Amounts paid by an air carrier to a domestic air carrier for mileage awards that can be redeemed for taxable transportation are not subject to the tax to the extent those miles will be awarded in connection with the purchase of taxable transportation. Irs gov file 2009 taxes Amounts paid by an air carrier to a domestic air carrier for mileage awards that can be redeemed for taxable transportation are subject to the tax to the extent those miles will not be awarded in connection with the purchase of taxable transportation. Irs gov file 2009 taxes Domestic-segment tax. Irs gov file 2009 taxes   The domestic-segment tax is a flat dollar amount for each segment of taxable transportation for which an amount is paid. Irs gov file 2009 taxes However, see Rural airports, later. Irs gov file 2009 taxes A segment is a single takeoff and a single landing. Irs gov file 2009 taxes The amount of the domestic-segment tax is in the Instructions for Form 720. Irs gov file 2009 taxes Charter flights. Irs gov file 2009 taxes    If an aircraft is chartered, the domestic-segment tax for each segment of taxable transportation is figured by multiplying the tax by the number of passengers transported on the aircraft. Irs gov file 2009 taxes Rural airports. Irs gov file 2009 taxes   The domestic-segment tax does not apply to a segment to or from a rural airport. Irs gov file 2009 taxes An airport is a rural airport for a calendar year if fewer than 100,000 commercial passengers departed from the airport by air during the second preceding calendar year (the 100,000 passenger rule), and one of the following is true: The airport is not located within 75 miles of another airport from which 100,000 or more commercial passengers departed during the second preceding calendar year, The airport was receiving essential air service subsidies as of August 5, 1997, or The airport is not connected by paved roads to another airport. Irs gov file 2009 taxes   To apply the 100,000 passenger rule to any airport described in (3) above, only count commercial passengers departing from the airport by air on flight segments of at least 100 miles. Irs gov file 2009 taxes   An updated list of rural airports can be found on the Department of Transportation website at www. Irs gov file 2009 taxes dot. Irs gov file 2009 taxes gov and enter the phrase “Essential Air Service” in the search box. Irs gov file 2009 taxes Taxable transportation. Irs gov file 2009 taxes   Taxable transportation is transportation by air that meets either of the following tests. Irs gov file 2009 taxes It begins and ends either in the United States or at any place in Canada or Mexico not more than 225 miles from the nearest point on the continental United States boundary (this is the 225-mile zone). Irs gov file 2009 taxes It is directly or indirectly from one port or station in the United States to another port or station in the United States, but only if it is not a part of uninterrupted international air transportation, discussed later. Irs gov file 2009 taxes Round trip. Irs gov file 2009 taxes   A round trip is considered two separate trips. Irs gov file 2009 taxes The first trip is from the point of departure to the destination. Irs gov file 2009 taxes The second trip is the return trip from that destination. Irs gov file 2009 taxes Uninterrupted international air transportation. Irs gov file 2009 taxes   This means transportation entirely by air that does not begin and end in the United States or in the 225-mile zone if there is not more than a 12-hour scheduled interval between arrival and departure at any station in the United States. Irs gov file 2009 taxes For a special rule that applies to military personnel, see Exemptions, later. Irs gov file 2009 taxes Transportation between the continental U. Irs gov file 2009 taxes S. Irs gov file 2009 taxes and Alaska or Hawaii. Irs gov file 2009 taxes   This transportation is partially exempt from the tax on transportation of persons by air. Irs gov file 2009 taxes The tax does not apply to the part of the trip between the point at which the route of transportation leaves or enters the continental United States (or a port or station in the 225-mile zone) and the point at which it enters or leaves Hawaii or Alaska. Irs gov file 2009 taxes Leaving or entering occurs when the route of the transportation passes over either the United States border or a point 3 nautical miles (3. Irs gov file 2009 taxes 45 statute miles) from low tide on the coast line, or when it leaves a port or station in the 225-mile zone. Irs gov file 2009 taxes Therefore, this transportation is subject to the percentage tax on the part of the trip in U. Irs gov file 2009 taxes S. Irs gov file 2009 taxes airspace, the domestic-segment tax for each domestic segment, and the tax on the use of international air travel facilities, discussed later. Irs gov file 2009 taxes Transportation within Alaska or Hawaii. Irs gov file 2009 taxes   The tax on transportation of persons by air applies to the entire fare paid in the case of flights between any of the Hawaiian Islands, and between any ports or stations in the Aleutian Islands or other ports or stations elsewhere in Alaska. Irs gov file 2009 taxes The tax applies even though parts of the flights may be over international waters or over Canada, if no point on the direct line of transportation between the ports or stations is more than 225 miles from the United States (Hawaii or Alaska). Irs gov file 2009 taxes Package tours. Irs gov file 2009 taxes   The air transportation taxes apply to “complimentary” air transportation furnished solely to participants in package holiday tours. Irs gov file 2009 taxes The amount paid for these package tours includes a charge for air transportation even though it may be advertised as “free. Irs gov file 2009 taxes ” This rule also applies to the tax on the use of international air travel facilities, discussed later. Irs gov file 2009 taxes Liability for tax. Irs gov file 2009 taxes   The person paying for taxable transportation is liable for the tax and, ordinarily, the person receiving the payment collects the tax, files the returns, and pays the tax over to the government. Irs gov file 2009 taxes However, if payment is made outside the United States for a prepaid order, exchange order, or similar order, the person furnishing the initial transportation provided for under that order must collect the tax. Irs gov file 2009 taxes    A travel agency that is an independent broker and sells tours on aircraft that it charters must collect the transportation tax, file the returns, and pay the tax over to the government. Irs gov file 2009 taxes However, a travel agency that sells tours as the agent of an airline must collect the tax and remit it to the airline for the filing of returns and for the payment of the tax over to the government. Irs gov file 2009 taxes An independent third party that is not under the airline's supervision or control, but is acting on behalf of, and receiving compensation from, a passenger, is not required to collect the tax and pay it to the government. Irs gov file 2009 taxes For more information on resellers of air transportation, see Revenue Ruling 2006-52. Irs gov file 2009 taxes You can find Revenue Ruling 2006-52 on page 761 of I. Irs gov file 2009 taxes R. Irs gov file 2009 taxes B. Irs gov file 2009 taxes 2006-43 at www. Irs gov file 2009 taxes irs. Irs gov file 2009 taxes gov/pub/irs-irbs/irb06-43. Irs gov file 2009 taxes pdf. Irs gov file 2009 taxes   The fact that the aircraft does not use public or commercial airports in taking off and landing has no effect on the tax. Irs gov file 2009 taxes But see Certain helicopter uses, later. Irs gov file 2009 taxes   For taxable transportation that begins and ends in the United States, the tax applies regardless of whether the payment is made in or outside the United States. Irs gov file 2009 taxes   If the tax is not paid when payment for the transportation is made, the air carrier providing the initial segment of the transportation that begins or ends in the United States becomes liable for the tax. Irs gov file 2009 taxes Exemptions. Irs gov file 2009 taxes   The tax on transportation of persons by air does not apply in the following situations. Irs gov file 2009 taxes See also Special Rules on Transportation Taxes, later. Irs gov file 2009 taxes Military personnel on international trips. Irs gov file 2009 taxes   When traveling in uniform at their own expense, United States military personnel on authorized leave are deemed to be traveling in uninterrupted international air transportation (defined earlier) even if the scheduled interval between arrival and departure at any station in the United States is actually more than 12 hours. Irs gov file 2009 taxes However, such personnel must buy their tickets within 12 hours after landing at the first domestic airport and accept the first available accommodation of the type called for by their tickets. Irs gov file 2009 taxes The trip must begin or end outside the United States and the 225-mile zone. Irs gov file 2009 taxes Certain helicopter uses. Irs gov file 2009 taxes   The tax does not apply to air transportation by helicopter if the helicopter is used for any of the following purposes. Irs gov file 2009 taxes Transporting individuals, equipment, or supplies in the exploration for, or the development or removal of, hard minerals, oil, or gas. Irs gov file 2009 taxes Planting, cultivating, cutting, transporting, or caring for trees (including logging operations). Irs gov file 2009 taxes Providing emergency medical transportation. Irs gov file 2009 taxes   However, during a use described in items (1) or (2), the tax applies if the helicopter takes off from, or lands at, a facility eligible for assistance under the Airport and Airway Development Act of 1970, or otherwise uses services provided under section 44509 or 44913(b) or subchapter I of chapter 471 of title 49, United States Code. Irs gov file 2009 taxes For item (1), treat each flight segment as a separate flight. Irs gov file 2009 taxes Fixed-wing aircraft uses. Irs gov file 2009 taxes   The tax does not apply to air transportation by fixed-wing aircraft if the fixed-wing aircraft is used for any of the following purposes. Irs gov file 2009 taxes Planting, cultivating, cutting, transporting, or caring for trees (including logging operations). Irs gov file 2009 taxes Providing emergency medical transportation. Irs gov file 2009 taxes The aircraft must be equipped for and exclusively dedicated on that flight to acute care emergency medical services. Irs gov file 2009 taxes   However, during a use described in item (1), the tax applies if the fixed-wing aircraft takes off from, or lands at, a facility eligible for assistance under the Airport and Airway Development Act of 1970, or otherwise uses services provided under section 44509 or 44913(b) or subchapter I of chapter 471 of title 49, United States Code. Irs gov file 2009 taxes Skydiving. Irs gov file 2009 taxes   The tax does not apply to any air transportation exclusively for the purpose of skydiving. Irs gov file 2009 taxes Seaplanes. Irs gov file 2009 taxes   The tax does not apply to any air transportation by seaplane for any segment consisting of a takeoff from, and a landing on, water if the places where the takeoff and landing occur are not receiving financial assistance from the Airport and Airways Trust Fund. Irs gov file 2009 taxes Bonus tickets. Irs gov file 2009 taxes   The tax does not apply to free bonus tickets issued by an airline company to its customers who have satisfied all requirements to qualify for the bonus tickets. Irs gov file 2009 taxes However, the tax applies to amounts paid by customers for advance bonus tickets when customers have traveled insufficient mileage to fully qualify for the free advance bonus tickets. Irs gov file 2009 taxes International Air Travel Facilities A tax per person is imposed (whether in or outside the United States) for international flights that begin or end in the United States. Irs gov file 2009 taxes However, for a domestic segment that begins or ends in Alaska or Hawaii, a reduced tax per person applies only to departures. Irs gov file 2009 taxes This tax does not apply if all the transportation is subject to the percentage tax, discussed earlier. Irs gov file 2009 taxes It also doesn't apply if the surtax on fuel used in a fractional ownership program aircraft (discussed earlier) is imposed. Irs gov file 2009 taxes See the Instructions for Form 720 for the tax rates. Irs gov file 2009 taxes Transportation of Property by Air A tax of 6. Irs gov file 2009 taxes 25% is imposed on amounts paid (whether in or outside the United States) for transportation of property by air. Irs gov file 2009 taxes The fact that the aircraft may not use public or commercial airports in taking off and landing has no effect on the tax. Irs gov file 2009 taxes The tax applies only to amounts paid to a person engaged in the business of transporting property by air for hire. Irs gov file 2009 taxes The tax applies only to transportation (including layover time and movement of aircraft in deadhead service) that begins and ends in the United States. Irs gov file 2009 taxes Thus, the tax does not apply to transportation of property by air that begins or ends outside the United States. Irs gov file 2009 taxes Exemptions. Irs gov file 2009 taxes   The tax on transportation of property by air does not apply in the following situations. Irs gov file 2009 taxes See also Special Rules on Transportation Taxes, later. Irs gov file 2009 taxes Cropdusting and firefighting service. Irs gov file 2009 taxes   The tax does not apply to amounts paid for cropdusting or aerial firefighting service. Irs gov file 2009 taxes Exportation. Irs gov file 2009 taxes    The tax does not apply to payments for transportation of property by air in the course of exportation (including to United States possessions) by continuous movement, as evidenced by the execution of Form 1363, Export Exemption Certificate. Irs gov file 2009 taxes See Form 1363 for more information. Irs gov file 2009 taxes Certain helicopter and fixed-wing air ambulance uses. Irs gov file 2009 taxes   The tax does not apply to amounts paid for the use of helicopters in construction to set heating and air conditioning units on roofs of buildings, to dismantle tower cranes, and to aid in construction of power lines and ski lifts. Irs gov file 2009 taxes   The tax also does not apply to air transportation by helicopter or fixed-wing aircraft for the purpose of providing emergency medical services. Irs gov file 2009 taxes The fixed-wing aircraft must be equipped for and exclusively dedicated on that flight to acute care emergency medical services. Irs gov file 2009 taxes Skydiving. Irs gov file 2009 taxes   The tax does not apply to any air transportation exclusively for the purpose of skydiving. Irs gov file 2009 taxes Excess baggage. Irs gov file 2009 taxes    The tax does not apply to excess baggage accompanying a passenger on an aircraft operated on an established line. Irs gov file 2009 taxes Surtax on fuel used in a fractional ownership program aircraft. Irs gov file 2009 taxes   The tax does not apply if the surtax on fuel used in a fractional ownership program aircraft (discussed earlier) is imposed. Irs gov file 2009 taxes Alaska and Hawaii. Irs gov file 2009 taxes   For transportation of property to and from Alaska and Hawaii, the tax in general does not apply to the portion of the transportation that is entirely outside the continental United States (or the 225-mile zone if the aircraft departs from or arrives at an airport in the 225-mile zone). Irs gov file 2009 taxes But the tax applies to flights between ports or stations in Alaska and the Aleutian Islands, as well as between ports or stations in Hawaii. Irs gov file 2009 taxes The tax applies even though parts of the flights may be over international waters or over Canada, if no point on a line drawn from where the route of transportation leaves the United States (Alaska) to where it reenters the United States (Alaska) is more than 225 miles from the United States. Irs gov file 2009 taxes Liability for tax. Irs gov file 2009 taxes   The person paying for taxable transportation is liable for the tax and, ordinarily, the person engaged in the business of transporting property by air for hire receives the payment, collects the tax, files the returns, and pays the tax over to the government. Irs gov file 2009 taxes   If tax is not paid when a payment is made outside the United States, the person furnishing the last segment of taxable transportation collects the tax from the person to whom the property is delivered in the United States. Irs gov file 2009 taxes Special Rules on Transportation Taxes In certain circumstances, special rules apply to the taxes on transportation of persons and property by air. Irs gov file 2009 taxes Aircraft used by affiliated corporations. Irs gov file 2009 taxes   The taxes do not apply to payments received by one member of an affiliated group of corporations from another member for services furnished in connection with the use of an aircraft. Irs gov file 2009 taxes However, the aircraft must be owned or leased by a member of the affiliated group and cannot be available for hire by a nonmember of the affiliated group. Irs gov file 2009 taxes Determine whether an aircraft is available for hire by a nonmember of an affiliated group on a flight-by-flight basis. Irs gov file 2009 taxes   For this rule, an affiliated group of corporations is any group of corporations connected with a common parent corporation through 80% or more of stock ownership. Irs gov file 2009 taxes Small aircraft. Irs gov file 2009 taxes   The taxes do not apply to transportation furnished by an aircraft having a maximum certificated takeoff weight of 6,000 pounds or less. Irs gov file 2009 taxes However, the taxes do apply if the aircraft is operated on an established line. Irs gov file 2009 taxes “Operated on an established line” means the aircraft operates with some degree of regularity between definite points. Irs gov file 2009 taxes However, it does not include any time an aircraft is being operated on a flight that is solely for sightseeing. Irs gov file 2009 taxes   Consider an aircraft to be operated on an established line if it is operated on a charter basis between two cities also served by that carrier on a regularly scheduled basis. Irs gov file 2009 taxes   Also, the taxes apply if the aircraft is jet-powered, regardless of its maximum certificated takeoff weight or whether or not it is operated on an established line. Irs gov file 2009 taxes Mixed load of persons and property. Irs gov file 2009 taxes   If a single amount is paid for air transportation of persons and property, the payment must be allocated between the amount subject to the tax on transportation of persons and the amount subject to the tax on transportation of property. Irs gov file 2009 taxes The allocation must be reasonable and supported by adequate records. Irs gov file 2009 taxes Credits or refunds. Irs gov file 2009 taxes   If tax is collected and paid over for air transportation that is not taxable air transportation, the collector may claim a credit or refund if it has repaid the tax to the person from whom the tax was collected or obtained the consent of that person to the allowance of the credit or refund. Irs gov file 2009 taxes Alternatively, the person who paid the tax may claim a refund. Irs gov file 2009 taxes For information on how to file for credits or refunds, see the Instructions for Form 720 or Form 8849. Irs gov file 2009 taxes Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Contact My Local Office in Texas

Face-to-face Tax Help

IRS Taxpayer Assistance Centers (TACs) are your source for personal tax help when you believe your tax issue can only be handled face-to-face. No appointment is necessary.

Keep in mind, many questions can be resolved online without waiting in line. Through IRS.gov you can:
• Set up a payment plan.
• Get a transcript of your tax return.
• Make a payment.
• Check on your refund.
• Find answers to many of your tax questions.

We are now referring all requests for tax return preparation services to other available resources. You can take advantage of free tax preparation through Free File, Free File Fillable Forms or through a volunteer site in your community. To find the nearest volunteer site location or to get more information about Free File, go to the top of the page and enter “Free Tax Help” in the Search box.

If you have a tax account issues and feel that it requires talking with someone face-to-face, visit your local TAC.

Caution:  Many of our offices are located in Federal Office Buildings. These buildings may not allow visitors to bring in cell phones with camera capabilities.

Multilingual assistance is available in every office. Hours of operation are subject to change.

Before visiting your local office click on "Services Provided" in the chart below to see what services are available. Services are limited and not all services are available at every TAC office and may vary from site to site. You can get these services on a walk-in basis.

City Street Address Days/Hours of Service Telephone*
Abilene 341 Pine St.,
Rm. 2301
Abilene, TX 79601

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1:00 p.m.- 2:00 p.m.)

 

Services Provided

(325) 676-5709
Amarillo 7201 W. Interstate 40
Ste. 105
Amarillo, TX 79106

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

Services Provided

(806) 359-2160

Austin 825 E. Rundberg Ln.
Austin, TX 78753

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(512) 499-5127
Beaumont 350 Pine St.
Beaumont, TX 77701

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 12:00 noon -1:00 p.m.)

 

Services Provided

(409) 981-5760
Corpus Christi 555 N. Carancahua St.
Corpus Christi, TX 78401

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

Services Provided

(361) 903-1919
Dallas 1100 Commerce St.,
Rm. 121
Dallas, TX 75242

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(214) 413-6010
El Paso 700 E. San Antonio
El Paso, TX 79901

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(915) 834-6508
Farmers Branch  4050 Alpha Rd.,
Rm. 170
Farmers Branch, TX 75244 

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

 (214) 413-6010  
Ft. Worth  819 Taylor St.,
Rm. 6A14
Ft. Worth, TX
76102 

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(817) 978-3477 
Harlingen  1810 Hale Ave.
Harlingen, TX 78550 

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

Services Provided

(956) 365-5185 
Houston
(Downtown) 
1919 Smith St.
Houston, TX 77002 

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(281) 721-7021 
Houston (NW)  12941 I45 N
Houston, TX 77060 

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(281) 721-7021 
Houston (SE)  8876 I45 S
Houston, TX 77017 

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(281) 721-7021 
Houston (SW)  8701 S. Gessner
Houston, TX 77074 

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(281) 721-7021 
Longview   1800 NW Loop 281
Longview, TX 75604 

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1:00 p.m.- 2:00 p.m.)

 

**This office will be closed 3/31**

 

Services Provided

(903) 297-3142 
Lubbock  1205 Texas Ave.,
Rm. 406
Lubbock, TX 79401 

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1:00 p.m.- 2:00 p.m.)

 

Services Provided

(806) 472-7582 
Midland  1004 N. Big Spring
Midland, TX 79701 

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1:00 p.m.- 2:00 p.m.)

 

Services Provided

(432) 686-9977 
San Angelo  33 E. Twohig
San Angelo, TX 76903 

Tuesday - 10:30 a.m.- 4:30 p.m.
Wednesday - 8:30 a.m.- 4:30 p.m.
Thursday - 8:30 a.m.- 1:00 p.m.
(Closed for lunch 1:00 p.m.- 2:00 p.m.)

 

Services Provided

(325) 653-0082 
San Antonio  8626 Tesoro Dr. 
San Antonio, TX 78217 

Monday-Friday - 8:30 a.m.- 4:30 p.m.

 

**This office will be open until 6:00 p.m. on 4/14 & 4/15**

 

Services Provided

(210) 841-2090 
Texarkana  500 N. Stateline St.
Texarkana, TX 75501 

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1:00 p.m.-1:30 p.m.)

 

Services Provided

(903) 794-8214 
Tyler 

909 ESE Loop 323, 
Rm. 300
Tyler, TX  75701 

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1:00 p.m.- 2:00 p.m.)

 

Services Provided

(903) 561-2732 
Waco  6801 Sanger Ave.,
Ste. 1000
Waco, TX 76710 

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1:00 p.m.- 2:00 p.m.) 

 

Services Provided

(254) 741-2312 
Wichita Falls  4309 Jacksboro Hwy.
Wichita Falls, TX 76302 

Monday-Friday - 8:30 a.m.- 4:30 p.m.
(Closed for lunch 1:00 p.m.- 2:00 p.m.)

 

Services Provided

(940) 766-6317 

* Note: The phone numbers in the chart above are not toll-free for all locations. When you call, you will reach a recorded business message with information about office hours, locations and services provided in that office. If face-to-face assistance is not a priority for you, you may also get help with IRS letters or resolve tax account issues by phone, toll free at 1-800-829-1040 (individuals) or 1-800-829-4933 (businesses).
 

For information on where to file your tax return please see Where to File Addresses.

The Taxpayer Advocate Service: Within Texas call:

 Austin  (512) 499-5875
 Dallas  (214) 413-6500
 Houston  (713) 209-3660

 Call 1-877-777-4778 elsewhere, or see Publication 1546, The Taxpayer Advocate Service of the IRS.

For further information, see Tax Topic 104.

Partnerships

IRS and organizations all over the country are partnering to assist taxpayers. Through these partnerships, organizations are also achieving their own goals. These mutually beneficial partnerships are strengthening outreach efforts and bringing education and assistance to millions.

For more information about these programs for individuals and families, contact the Stakeholder Partnerships, Education and Communication Offices at:

Internal Revenue Service
300 E. 8th St., Stop; 6610 AUS
Room 478
Austin, TX 78701

Internal Revenue Service
8700 Tesoro Drive
Stop 6610 SANC
San Antonio, TX 78217

Internal Revenue Service
700 E. San Antonio, Rm C-101 MC
6610 ELP'
El Paso, TX 79901

Internal Revenue Service
1205 Texas Ave., MC 4208 LUB
Lubbock, TX 79410

Internal Revenue Service
1100 Commerce St.
MC 6610 DAL/Rm 1021 
Dallas, TX 75424

Internal Revenue Service
8701 S. Gesner, Stop 6610-Hal
Houston, TX 77074

For more information about these programs for businesses, your local Stakeholder Liaison office establishes relationships with organizations representing small business and self-employed taxpayers. They provide information about the policies, practices and procedures the IRS uses to ensure compliance with the tax laws. To establish a relationship with us, use this list to find a contact in your state:

Stakeholder Liaison (SL) Phone Numbers for Organizations Representing Small Businesses and Self-employed Taxpayers.

Page Last Reviewed or Updated: 31-Mar-2014

The Irs Gov File 2009 Taxes

Irs gov file 2009 taxes 4. Irs gov file 2009 taxes   Reporting Gains and Losses Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Information Returns Schedule D and Form 8949Long and Short Term Net Gain or Loss Treatment of Capital Losses Capital Gains Tax Rates Form 4797Mark-to-market election. Irs gov file 2009 taxes Introduction This chapter explains how to report capital gains and losses and ordinary gains and losses from sales, exchanges, and other dispositions of property. Irs gov file 2009 taxes Although this discussion refers to Schedule D (Form 1040) and Form 8949, many of the rules discussed here also apply to taxpayers other than individuals. Irs gov file 2009 taxes However, the rules for property held for personal use usually will not apply to taxpayers other than individuals. Irs gov file 2009 taxes Topics - This chapter discusses: Information returns Schedule D (Form 1040) Form 4797 Form 8949 Useful Items - You may want to see: Publication 550 Investment Income and Expenses 537 Installment Sales Form (and Instructions) Schedule D (Form 1040) Capital Gains and Losses 1099-B Proceeds From Broker and Barter Exchange Transactions 1099-S Proceeds From Real Estate Transactions 4684 Casualties and Thefts 4797 Sales of Business Property 6252 Installment Sale Income 6781 Gains and Losses from Section 1256 Contracts and Straddles 8824 Like-Kind Exchanges 8949 Sales and Other Dispositions of Capital Assets See chapter 5 for information about getting publications and forms. Irs gov file 2009 taxes Information Returns If you sell or exchange certain assets, you should receive an information return showing the proceeds of the sale. Irs gov file 2009 taxes This information is also provided to the IRS. Irs gov file 2009 taxes Form 1099-B. Irs gov file 2009 taxes   If you sold property, such as stocks, bonds, or certain commodities, through a broker, you should receive Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, or a substitute statement from the broker. Irs gov file 2009 taxes Use the Form 1099-B or a substitute statement to complete Form 8949 and/or Schedule D. Irs gov file 2009 taxes Whether or not you receive 1099-B, you must report all taxable sales of stock, bonds, commodities, etc. Irs gov file 2009 taxes on Form 8949 and/or Schedule D, as applicable. Irs gov file 2009 taxes For more information on figuring gains and losses from these transactions, see chapter 4 in Publication 550. Irs gov file 2009 taxes For information on reporting the gains and losses, see the Instructions for Form 8949 and the Instructions for Schedule D (Form 1040). Irs gov file 2009 taxes Form 1099-S. Irs gov file 2009 taxes   An information return must be provided on certain real estate transactions. Irs gov file 2009 taxes Generally, the person responsible for closing the transaction (the “real estate reporting person”) must report on Form 1099-S sales or exchanges of the following types of property. Irs gov file 2009 taxes Land (improved or unimproved), including air space. Irs gov file 2009 taxes An inherently permanent structure, including any residential, commercial, or industrial building. Irs gov file 2009 taxes A condominium unit and its related fixtures and common elements (including land). Irs gov file 2009 taxes Stock in a cooperative housing corporation. Irs gov file 2009 taxes If you sold or exchanged any of the above types of property, the “real estate reporting person” must give you a copy of Form 1099-S or a statement containing the same information as the Form 1099-S. Irs gov file 2009 taxes The “real estate reporting person” could include the buyer's attorney, your attorney, the title or escrow company, a mortgage lender, your broker, the buyer's broker, or the person acquiring the biggest interest in the property. Irs gov file 2009 taxes   For more information see chapter 4 in Publication 550. Irs gov file 2009 taxes Also, see the Instructions for Form 8949. Irs gov file 2009 taxes Schedule D and Form 8949 Form 8949. Irs gov file 2009 taxes   Individuals, corporations, and partnerships, use Form 8949 to report the following. Irs gov file 2009 taxes    Sales or exchanges of capital assets, including stocks, bonds, etc. Irs gov file 2009 taxes , and real estate (if not reported on another form or schedule such as Form 4684, 4797, 6252, 6781, or 8824). Irs gov file 2009 taxes Include these transactions even if you did not receive a Form 1099-B or 1099-S. Irs gov file 2009 taxes Gains from involuntary conversions (other than from casualty or theft) of capital assets not held for business or profit. Irs gov file 2009 taxes Nonbusiness bad debts. Irs gov file 2009 taxes   Individuals, If you are filing a joint return, complete as many copies of Form 8949 as you need to report all of your and your spouse's transactions. Irs gov file 2009 taxes You and your spouse may list your transactions on separate forms or you may combine them. Irs gov file 2009 taxes However, you must include on your Schedule D the totals from all Forms 8949 for both you and your spouse. Irs gov file 2009 taxes    Corporations and electing large partnerships also use Form 8949 to report their share of gain or loss from a partnership, S Corporation, estate or trust. Irs gov file 2009 taxes   Business entities meeting certain criteria, may have an exception to some of the normal requirements for completing Form 8949. Irs gov file 2009 taxes See the Instructions for Form 8949. Irs gov file 2009 taxes Schedule D. Irs gov file 2009 taxes    Use Schedule D (Form 1040) to figure the overall gain or loss from transactions reported on Form 8949, and to report certain transactions you do not have to report on Form 8949. Irs gov file 2009 taxes Before completing Schedule D, you may have to complete other forms as shown below. Irs gov file 2009 taxes    Complete all applicable lines of Form 8949 before completing lines 1b, 2, 3, 8b, 9, or 10 of your applicable Schedule D. Irs gov file 2009 taxes Enter on Schedule D the combined totals from all your Forms 8949. Irs gov file 2009 taxes For a sale, exchange, or involuntary conversion of business property, complete Form 4797 (discussed later). Irs gov file 2009 taxes For a like-kind exchange, complete Form 8824. Irs gov file 2009 taxes See Reporting the exchange under Like-Kind Exchanges in chapter 1. Irs gov file 2009 taxes For an installment sale, complete Form 6252. Irs gov file 2009 taxes See Publication 537. Irs gov file 2009 taxes For an involuntary conversion due to casualty or theft, complete Form 4684. Irs gov file 2009 taxes See Publication 547, Casualties, Disasters, and Thefts. Irs gov file 2009 taxes For a disposition of an interest in, or property used in, an activity to which the at-risk rules apply, complete Form 6198, At-Risk Limitations. Irs gov file 2009 taxes See Publication 925, Passive Activity and At-Risk Rules. Irs gov file 2009 taxes For a disposition of an interest in, or property used in, a passive activity, complete Form 8582, Passive Activity Loss Limitations. Irs gov file 2009 taxes See Publication 925. Irs gov file 2009 taxes For gains and losses from section 1256 contracts and straddles, complete Form 6781. Irs gov file 2009 taxes See Publication 550. Irs gov file 2009 taxes Personal-use property. Irs gov file 2009 taxes   Report gain on the sale or exchange of property held for personal use (such as your home) on Form 8949 and Schedule D (Form 1040), as applicable. Irs gov file 2009 taxes Loss from the sale or exchange of property held for personal use is not deductible. Irs gov file 2009 taxes But if you had a loss from the sale or exchange of real estate held for personal use for which you received a Form 1099-S, report the transaction on Form 8949 and Schedule D, even though the loss is not deductible. Irs gov file 2009 taxes See the Instructions for Schedule D (Form 1040) and the Instructions for Form 8949 for information on how to report the transaction. Irs gov file 2009 taxes Long and Short Term Where you report a capital gain or loss depends on how long you own the asset before you sell or exchange it. Irs gov file 2009 taxes The time you own an asset before disposing of it is the holding period. Irs gov file 2009 taxes If you received a Form 1099-B, (or substitute statement) box 1c may help you determine whether the gain or loss is short-term or long-term. Irs gov file 2009 taxes If you hold a capital asset 1 year or less, the gain or loss from its disposition is short term. Irs gov file 2009 taxes Report it in Part I of Form 8949 and/or Schedule D, as applicable. Irs gov file 2009 taxes If you hold a capital asset longer than 1 year, the gain or loss from its disposition is long term. Irs gov file 2009 taxes Report it in Part II of Form 8949 and/or Schedule D, as applicable. Irs gov file 2009 taxes   Table 4-1. Irs gov file 2009 taxes Do I Have a Short-Term or Long-Term Gain or Loss? IF you hold the property. Irs gov file 2009 taxes . Irs gov file 2009 taxes . Irs gov file 2009 taxes  THEN you have a. Irs gov file 2009 taxes . Irs gov file 2009 taxes . Irs gov file 2009 taxes 1 year or less, Short-term capital gain or  loss. Irs gov file 2009 taxes More than 1 year, Long-term capital gain or  loss. Irs gov file 2009 taxes These distinctions are essential to correctly arrive at your net capital gain or loss. Irs gov file 2009 taxes Capital losses are allowed in full against capital gains plus up to $3,000 of ordinary income. Irs gov file 2009 taxes See Capital Gains Tax Rates, later. Irs gov file 2009 taxes Holding period. Irs gov file 2009 taxes   To figure if you held property longer than 1 year, start counting on the day following the day you acquired the property. Irs gov file 2009 taxes The day you disposed of the property is part of your holding period. Irs gov file 2009 taxes Example. Irs gov file 2009 taxes If you bought an asset on June 19, 2012, you should start counting on June 20, 2012. Irs gov file 2009 taxes If you sold the asset on June 19, 2013, your holding period is not longer than 1 year, but if you sold it on June 20, 2013, your holding period is longer than 1 year. Irs gov file 2009 taxes Patent property. Irs gov file 2009 taxes   If you dispose of patent property, you generally are considered to have held the property longer than 1 year, no matter how long you actually held it. Irs gov file 2009 taxes For more information, see Patents in chapter 2. Irs gov file 2009 taxes Inherited property. Irs gov file 2009 taxes   If you inherit property, you are considered to have held the property longer than 1 year, regardless of how long you actually held it. Irs gov file 2009 taxes Installment sale. Irs gov file 2009 taxes   The gain from an installment sale of an asset qualifying for long-term capital gain treatment in the year of sale continues to be long term in later tax years. Irs gov file 2009 taxes If it is short term in the year of sale, it continues to be short term when payments are received in later tax years. Irs gov file 2009 taxes    The date the installment payment is received determines the capital gains rate that should be applied not the date the asset was sold under an installment contract. Irs gov file 2009 taxes Nontaxable exchange. Irs gov file 2009 taxes   If you acquire an asset in exchange for another asset and your basis for the new asset is figured, in whole or in part, by using your basis in the old property, the holding period of the new property includes the holding period of the old property. Irs gov file 2009 taxes That is, it begins on the same day as your holding period for the old property. Irs gov file 2009 taxes Example. Irs gov file 2009 taxes You bought machinery on December 4, 2012. Irs gov file 2009 taxes On June 4, 2013, you traded this machinery for other machinery in a nontaxable exchange. Irs gov file 2009 taxes On December 5, 2013, you sold the machinery you got in the exchange. Irs gov file 2009 taxes Your holding period for this machinery began on December 5, 2012. Irs gov file 2009 taxes Therefore, you held it longer than 1 year. Irs gov file 2009 taxes Corporate liquidation. Irs gov file 2009 taxes   The holding period for property you receive in a liquidation generally starts on the day after you receive it if gain or loss is recognized. Irs gov file 2009 taxes Profit-sharing plan. Irs gov file 2009 taxes   The holding period of common stock withdrawn from a qualified contributory profit-sharing plan begins on the day following the day the plan trustee delivered the stock to the transfer agent with instructions to reissue the stock in your name. Irs gov file 2009 taxes Gift. Irs gov file 2009 taxes   If you receive a gift of property and your basis in it is figured using the donor's basis, your holding period includes the donor's holding period. Irs gov file 2009 taxes For more information on basis, see Publication 551, Basis of Assets. Irs gov file 2009 taxes Real property. Irs gov file 2009 taxes   To figure how long you held real property, start counting on the day after you received title to it or, if earlier, the day after you took possession of it and assumed the burdens and privileges of ownership. Irs gov file 2009 taxes   However, taking possession of real property under an option agreement is not enough to start the holding period. Irs gov file 2009 taxes The holding period cannot start until there is an actual contract of sale. Irs gov file 2009 taxes The holding period of the seller cannot end before that time. Irs gov file 2009 taxes Repossession. Irs gov file 2009 taxes   If you sell real property but keep a security interest in it and then later repossess it, your holding period for a later sale includes the period you held the property before the original sale, as well as the period after the repossession. Irs gov file 2009 taxes Your holding period does not include the time between the original sale and the repossession. Irs gov file 2009 taxes That is, it does not include the period during which the first buyer held the property. Irs gov file 2009 taxes Nonbusiness bad debts. Irs gov file 2009 taxes   Nonbusiness bad debts are short-term capital losses. Irs gov file 2009 taxes For information on nonbusiness bad debts, see chapter 4 of Publication 550. Irs gov file 2009 taxes    Net Gain or Loss The totals for short-term capital gains and losses and the totals for long-term capital gains and losses must be figured separately. Irs gov file 2009 taxes Net short-term capital gain or loss. Irs gov file 2009 taxes   Combine your short-term capital gains and losses, including your share of short-term capital gains or losses from partnerships, S corporations, and fiduciaries and any short-term capital loss carryover. Irs gov file 2009 taxes Do this by adding all your short-term capital gains. Irs gov file 2009 taxes Then add all your short-term capital losses. Irs gov file 2009 taxes Subtract the lesser total from the other. Irs gov file 2009 taxes The result is your net short-term capital gain or loss. Irs gov file 2009 taxes Net long-term capital gain or loss. Irs gov file 2009 taxes   Follow the same steps to combine your long-term capital gains and losses. Irs gov file 2009 taxes Include the following items. Irs gov file 2009 taxes Net section 1231 gain from Part I, Form 4797, after any adjustment for nonrecaptured section 1231 losses from prior tax years. Irs gov file 2009 taxes Capital gain distributions from regulated investment companies (mutual funds) and real estate investment trusts. Irs gov file 2009 taxes Your share of long-term capital gains or losses from partnerships, S corporations, and fiduciaries. Irs gov file 2009 taxes Any long-term capital loss carryover. Irs gov file 2009 taxes The result from combining these items with other long-term capital gains and losses is your net long-term capital gain or loss. Irs gov file 2009 taxes Net gain. Irs gov file 2009 taxes   If the total of your capital gains is more than the total of your capital losses, the difference is taxable. Irs gov file 2009 taxes Different tax rates may apply to the part that is a net capital gain. Irs gov file 2009 taxes See Capital Gains Tax Rates, later. Irs gov file 2009 taxes Net loss. Irs gov file 2009 taxes   If the total of your capital losses is more than the total of your capital gains, the difference is deductible. Irs gov file 2009 taxes But there are limits on how much loss you can deduct and when you can deduct it. Irs gov file 2009 taxes See Treatment of Capital Losses, next. Irs gov file 2009 taxes    Treatment of Capital Losses If your capital losses are more than your capital gains, you can deduct the difference as a capital loss deduction even if you do not have ordinary income to offset it. Irs gov file 2009 taxes The yearly limit on the amount of the capital loss you can deduct is $3,000 ($1,500 if you are married and file a separate return). Irs gov file 2009 taxes Table 4-2. Irs gov file 2009 taxes Holding Period for Different Types of Acquisitions Type of acquisition: When your holding period starts: Stocks and bonds bought on a securities market Day after trading date you bought security. Irs gov file 2009 taxes Ends on trading date you sold security. Irs gov file 2009 taxes U. Irs gov file 2009 taxes S. Irs gov file 2009 taxes Treasury notes and bonds If bought at auction, day after notification of bid acceptance. Irs gov file 2009 taxes If bought through subscription, day after subscription was submitted. Irs gov file 2009 taxes Nontaxable exchanges Day after date you acquired old property. Irs gov file 2009 taxes Gift If your basis is giver's adjusted basis, same day as giver's holding period began. Irs gov file 2009 taxes If your basis is FMV, day after date of gift. Irs gov file 2009 taxes Real property bought Generally, day after date you received title to the property. Irs gov file 2009 taxes Real property repossessed Day after date you originally received title to the property, but does not include time between the original sale and date of repossession. Irs gov file 2009 taxes Capital loss carryover. Irs gov file 2009 taxes   Generally, you have a capital loss carryover if either of the following situations applies to you. Irs gov file 2009 taxes Your net loss is more than the yearly limit. Irs gov file 2009 taxes Your taxable income without your deduction for exemptions is less than zero. Irs gov file 2009 taxes If either of these situations applies to you for 2013, see Capital Losses under Reporting Capital Gains and Losses in chapter 4 of Publication 550 to figure the amount you can carryover to 2014. Irs gov file 2009 taxes Example. Irs gov file 2009 taxes Bob and Gloria Sampson sold property in 2013. Irs gov file 2009 taxes The sale resulted in a capital loss of $7,000. Irs gov file 2009 taxes The Sampsons had no other capital transactions. Irs gov file 2009 taxes On their joint 2013 return, the Sampsons deduct $3,000, the yearly limit. Irs gov file 2009 taxes They had taxable income of $2,000. Irs gov file 2009 taxes The unused part of the loss, $4,000 ($7,000 − $3,000), is carried over to 2014. Irs gov file 2009 taxes If the Sampsons' capital loss had been $2,000, it would not have been more than the yearly limit. Irs gov file 2009 taxes Their capital loss deduction would have been $2,000. Irs gov file 2009 taxes They would have no carryover to 2014. Irs gov file 2009 taxes Short-term and long-term losses. Irs gov file 2009 taxes   When you carry over a loss, it retains its original character as either long term or short term. Irs gov file 2009 taxes A short-term loss you carry over to the next tax year is added to short-term losses occurring in that year. Irs gov file 2009 taxes A long-term loss you carry over to the next tax year is added to long-term losses occurring in that year. Irs gov file 2009 taxes A long-term capital loss you carry over to the next year reduces that year's long-term gains before its short-term gains. Irs gov file 2009 taxes   If you have both short-term and long-term losses, your short-term losses are used first against your allowable capital loss deduction. Irs gov file 2009 taxes If, after using your short-term losses, you have not reached the limit on the capital loss deduction, use your long-term losses until you reach the limit. Irs gov file 2009 taxes To figure your capital loss carryover from 2013 to 2014 use the Capital Loss Carryover Worksheet in the 2013 Instructions for Schedule D (Form 1040). Irs gov file 2009 taxes Joint and separate returns. Irs gov file 2009 taxes   On a joint return, the capital gains and losses of spouses are figured as the gains and losses of an individual. Irs gov file 2009 taxes If you are married and filing a separate return, your yearly capital loss deduction is limited to $1,500. Irs gov file 2009 taxes Neither you nor your spouse can deduct any part of the other's loss. Irs gov file 2009 taxes   If you and your spouse once filed separate returns and are now filing a joint return, combine your separate capital loss carryovers. Irs gov file 2009 taxes However, if you and your spouse once filed jointly and are now filing separately, any capital loss carryover from the joint return can be deducted only on the return of the spouse who actually had the loss. Irs gov file 2009 taxes Death of taxpayer. Irs gov file 2009 taxes   Capital losses cannot be carried over after a taxpayer's death. Irs gov file 2009 taxes They are deductible only on the final income tax return filed on the decedent's behalf. Irs gov file 2009 taxes The yearly limit discussed earlier still applies in this situation. Irs gov file 2009 taxes Even if the loss is greater than the limit, the decedent's estate cannot deduct the difference or carry it over to following years. Irs gov file 2009 taxes Corporations. Irs gov file 2009 taxes   A corporation can deduct capital losses only up to the amount of its capital gains. Irs gov file 2009 taxes In other words, if a corporation has a net capital loss, it cannot be deducted in the current tax year. Irs gov file 2009 taxes It must be carried to other tax years and deducted from capital gains occurring in those years. Irs gov file 2009 taxes For more information, see Publication 542. Irs gov file 2009 taxes Capital Gains Tax Rates The tax rates that apply to a net capital gain are generally lower than the tax rates that apply to other income. Irs gov file 2009 taxes These lower rates are called the maximum capital gains rates. Irs gov file 2009 taxes The term “net capital gain” means the amount by which your net long-term capital gain for the year is more than your net short-term capital loss. Irs gov file 2009 taxes For 2013, the maximum tax rates for individuals are 0%, 15%, 20%, 25%, and 28%. Irs gov file 2009 taxes Also, individuals, use the Qualified Dividends and Capital Gain Worksheet in the Instructions for Form 1040, or the Schedule D Tax Computation Worksheet in the Instructions for Schedule D (Form 1040) (whichever applies) to figure your tax if you have qualified dividends or net capital gain. Irs gov file 2009 taxes For more information, see chapter 4 of Publication 550. Irs gov file 2009 taxes Also see the Instructions for Schedule D (Form 1040). Irs gov file 2009 taxes Unrecaptured section 1250 gain. Irs gov file 2009 taxes   Generally, this is the part of any long-term capital gain on section 1250 property (real property) that is due to depreciation. Irs gov file 2009 taxes Unrecaptured section 1250 gain cannot be more than the net section 1231 gain or include any gain otherwise treated as ordinary income. Irs gov file 2009 taxes Use the worksheet in the Schedule D instructions to figure your unrecaptured section 1250 gain. Irs gov file 2009 taxes For more information about section 1250 property and net section 1231 gain, see chapter 3. Irs gov file 2009 taxes Form 4797 Use Form 4797 to report: The sale or exchange of: Property used in your trade or business; Depreciable and amortizable property; Oil, gas, geothermal, or other mineral properties; and Section 126 property. Irs gov file 2009 taxes The involuntary conversion (from other than casualty or theft) of property used in your trade or business and capital assets held in connection with a trade or business or a transaction entered into for profit. Irs gov file 2009 taxes The disposition of noncapital assets (other than inventory or property held primarily for sale to customers in the ordinary course of your trade or business). Irs gov file 2009 taxes The disposition of capital assets not reported on Schedule D. Irs gov file 2009 taxes The gain or loss (including any related recapture) for partners and S corporation shareholders from certain section 179 property dispositions by partnerships (other than electing large partnerships) and S corporations. Irs gov file 2009 taxes The computation of recapture amounts under sections 179 and 280F(b)(2) when the business use of section 179 or listed property decreases to 50% or less. Irs gov file 2009 taxes Gains or losses treated as ordinary gains or losses, if you are a trader in securities or commodities and made a mark-to-market election under Internal Revenue Code section 475(f). Irs gov file 2009 taxes You can use Form 4797 with Form 1040, 1065, 1120, or 1120S. Irs gov file 2009 taxes Section 1231 gains and losses. Irs gov file 2009 taxes   Show any section 1231 gains and losses in Part I. Irs gov file 2009 taxes Carry a net gain to Schedule D (Form 1040) as a long-term capital gain. Irs gov file 2009 taxes Carry a net loss to Part II of Form 4797 as an ordinary loss. Irs gov file 2009 taxes   If you had any nonrecaptured net section 1231 losses from the preceding 5 tax years, reduce your net gain by those losses and report the amount of the reduction as an ordinary gain in Part II. Irs gov file 2009 taxes Report any remaining gain on Schedule D (Form 1040). Irs gov file 2009 taxes See Section 1231 Gains and Losses in chapter 3. Irs gov file 2009 taxes Ordinary gains and losses. Irs gov file 2009 taxes   Show any ordinary gains and losses in Part II. Irs gov file 2009 taxes This includes a net loss or a recapture of losses from prior years figured in Part I of Form 4797. Irs gov file 2009 taxes It also includes ordinary gain figured in Part III. Irs gov file 2009 taxes Mark-to-market election. Irs gov file 2009 taxes   If you made a mark-to-market election, you should report all gains and losses from trading as ordinary gains and losses in Part II of Form 4797, instead of as capital gains and losses on Form 8949 and Schedule D (Form 1040). Irs gov file 2009 taxes See the Instructions for Form 4797. Irs gov file 2009 taxes Also see Special Rules for Traders in Securities, in chapter 4 of Publication 550. Irs gov file 2009 taxes Ordinary income from depreciation. Irs gov file 2009 taxes   Figure the ordinary income from depreciation on personal property and additional depreciation on real property (as discussed in chapter 3) in Part III. Irs gov file 2009 taxes Carry the ordinary income to Part II of Form 4797 as an ordinary gain. Irs gov file 2009 taxes Carry any remaining gain to Part I as section 1231 gain, unless it is from a casualty or theft. Irs gov file 2009 taxes Carry any remaining gain from a casualty or theft to Form 4684. Irs gov file 2009 taxes Prev  Up  Next   Home   More Online Publications