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

Military Free Turbo Tax

Filing 2012 Taxes OnlineWww Turbotax ComIrs Free TaxHow To Fill Out 1040x Form2012 Income Tax ReturnH&r Block Amended ReturnAmend Tax Return 2013File Amended Return1040ez Mailing AddressE File 1040nrTaxact Com 2012Can You File An Amended Tax Return OnlineDownload Irs Form 1040xHow Do I Amend My 2012 Tax Return OnlineFile 2011 Tax Return FreeCan Unemployed People File TaxesIncome Tax 1040ezTaxact 2011 Deluxe Federal Edition DownloadRefile Taxes 2012Hr Block Free E FileE File 2011Turbotax For Military MembersEzformI Need To Print A Free 1040x FormFillable 1040ez 2013Can You File Your 2012 Taxes NowIrs 2012 Tax FormsFree Back Tax FilingHttps Efile State Tax FreeWhere To Get 2012 Tax FormsState Tax Filing FormFiling Taxes For MilitaryFree State Income Tax PreparationFree Federal Tax FilingHow To File Amended Federal Tax ReturnHow Do I Amend My 2011 Tax ReturnH&r Block OnlineFile My 2011 Taxes For FreeFree Taxes FilingFile 1040ez Online Irs

Military Free Turbo Tax

Military free turbo tax Publication 15 - Main Content Table of Contents 1. Military free turbo tax Employer Identification Number (EIN) 2. Military free turbo tax Who Are Employees?Relief provisions. Military free turbo tax Business Owned and Operated by Spouses 3. Military free turbo tax Family Employees 4. Military free turbo tax Employee's Social Security Number (SSN)Registering for SSNVS. Military free turbo tax 5. Military free turbo tax Wages and Other CompensationAccountable plan. Military free turbo tax Nonaccountable plan. Military free turbo tax Per diem or other fixed allowance. Military free turbo tax 50% test. Military free turbo tax Health Savings Accounts and medical savings accounts. Military free turbo tax Nontaxable fringe benefits. Military free turbo tax When fringe benefits are treated as paid. Military free turbo tax Valuation of fringe benefits. Military free turbo tax Withholding on fringe benefits. Military free turbo tax Depositing taxes on fringe benefits. Military free turbo tax 6. Military free turbo tax TipsOrdering rule. Military free turbo tax 7. Military free turbo tax Supplemental Wages 8. Military free turbo tax Payroll Period 9. Military free turbo tax Withholding From Employees' WagesIncome Tax Withholding Social Security and Medicare Taxes Part-Time Workers 10. Military free turbo tax Required Notice to Employees About the Earned Income Credit (EIC) 11. Military free turbo tax Depositing TaxesWhen To Deposit How To Deposit Deposit Penalties 12. Military free turbo tax Filing Form 941 or Form 944 13. Military free turbo tax Reporting Adjustments to Form 941 or Form 944Current Period Adjustments Prior Period Adjustments Wage Repayments 14. Military free turbo tax Federal Unemployment (FUTA) TaxSuccessor employer. Military free turbo tax Household employees. Military free turbo tax When to deposit. Military free turbo tax Household employees. Military free turbo tax Electronic filing by reporting agents. Military free turbo tax 16. Military free turbo tax How To Use the Income Tax Withholding TablesWage Bracket Method Percentage Method Alternative Methods of Income Tax Withholding How To Get Tax Help 1. Military free turbo tax Employer Identification Number (EIN) If you are required to report employment taxes or give tax statements to employees or annuitants, you need an EIN. Military free turbo tax The EIN is a nine-digit number the IRS issues. Military free turbo tax The digits are arranged as follows: 00-0000000. Military free turbo tax It is used to identify the tax accounts of employers and certain others who have no employees. Military free turbo tax Use your EIN on all of the items you send to the IRS and SSA. Military free turbo tax For more information, see Publication 1635, Employer Identification Number: Understanding Your EIN. Military free turbo tax If you do not have an EIN, you may apply for one online. Military free turbo tax Go to the IRS. Military free turbo tax gov and click on the Apply for an EIN Online link under Tools. Military free turbo tax You may also apply for an EIN by calling 1-800-829-4933, or you can fax or mail Form SS-4, Application for Employer Identification Number, to the IRS. Military free turbo tax Do not use an SSN in place of an EIN. Military free turbo tax You should have only one EIN. Military free turbo tax If you have more than one and are not sure which one to use, call 1-800-829-4933 or 1-800-829-4059 (TDD/TTY for persons who are deaf, hard of hearing, or have a speech disability). Military free turbo tax Give the numbers you have, the name and address to which each was assigned, and the address of your main place of business. Military free turbo tax The IRS will tell you which number to use. Military free turbo tax If you took over another employer's business (see Successor employer in section 9), do not use that employer's EIN. Military free turbo tax If you have applied for an EIN but do not have your EIN by the time a return is due, file a paper return and write “Applied For” and the date you applied for it in the space shown for the number. Military free turbo tax 2. Military free turbo tax Who Are Employees? Generally, employees are defined either under common law or under statutes for certain situations. Military free turbo tax See Publication 15-A for details on statutory employees and nonemployees. Military free turbo tax Employee status under common law. Military free turbo tax   Generally, a worker who performs services for you is your employee if you have the right to control what will be done and how it will be done. Military free turbo tax This is so even when you give the employee freedom of action. Military free turbo tax What matters is that you have the right to control the details of how the services are performed. Military free turbo tax See Publication 15-A for more information on how to determine whether an individual providing services is an independent contractor or an employee. Military free turbo tax   Generally, people in business for themselves are not employees. Military free turbo tax For example, doctors, lawyers, veterinarians, and others in an independent trade in which they offer their services to the public are usually not employees. Military free turbo tax However, if the business is incorporated, corporate officers who work in the business are employees of the corporation. Military free turbo tax   If an employer-employee relationship exists, it does not matter what it is called. Military free turbo tax The employee may be called an agent or independent contractor. Military free turbo tax It also does not matter how payments are measured or paid, what they are called, or if the employee works full or part time. Military free turbo tax Statutory employees. Military free turbo tax   If someone who works for you is not an employee under the common law rules discussed earlier, do not withhold federal income tax from his or her pay, unless backup withholding applies. Military free turbo tax Although the following persons may not be common law employees, they are considered employees by statute for social security, Medicare, and FUTA tax purposes under certain conditions. Military free turbo tax An agent (or commission) driver who delivers food, beverages (other than milk), laundry, or dry cleaning for someone else. Military free turbo tax A full-time life insurance salesperson who sells primarily for one company. Military free turbo tax A homeworker who works by guidelines of the person for whom the work is done, with materials furnished by and returned to that person or to someone that person designates. Military free turbo tax A traveling or city salesperson (other than an agent-driver or commission-driver) who works full time (except for sideline sales activities) for one firm or person getting orders from customers. Military free turbo tax The orders must be for merchandise for resale or supplies for use in the customer's business. Military free turbo tax The customers must be retailers, wholesalers, contractors, or operators of hotels, restaurants, or other businesses dealing with food or lodging. Military free turbo tax    Statutory nonemployees. Military free turbo tax   Direct sellers, qualified real estate agents, and certain companion sitters are, by law, considered nonemployees. Military free turbo tax They are generally treated as self-employed for all federal tax purposes, including income and employment taxes. Military free turbo tax H-2A agricultural workers. Military free turbo tax   On Form W-2, do not check box 13 (Statutory employee), as H-2A workers are not statutory employees. Military free turbo tax Treating employees as nonemployees. Military free turbo tax   You will generally be liable for social security and Medicare taxes and withheld income tax if you do not deduct and withhold these taxes because you treated an employee as a nonemployee. Military free turbo tax You may be able to calculate your liability using special section 3509 rates for the employee share of social security and Medicare taxes and the federal income tax withholding. Military free turbo tax The applicable rates depend on whether you filed required Forms 1099. Military free turbo tax You cannot recover the employee share of social security, or Medicare tax, or income tax withholding from the employee if the tax is paid under section 3509. Military free turbo tax You are liable for the income tax withholding regardless of whether the employee paid income tax on the wages. Military free turbo tax You continue to owe the full employer share of social security and Medicare taxes. Military free turbo tax The employee remains liable for the employee share of social security and Medicare taxes. Military free turbo tax See Internal Revenue Code section 3509 for details. Military free turbo tax Also see the Instructions for Form 941-X. Military free turbo tax   Section 3509 rates are not available if you intentionally disregard the requirement to withhold taxes from the employee or if you withheld income taxes but not social security or Medicare taxes. Military free turbo tax Section 3509 is not available for reclassifying statutory employees. Military free turbo tax See Statutory employees , earlier in this section. Military free turbo tax   If the employer issued required information returns, the section 3509 rates are: For social security taxes; employer rate of 6. Military free turbo tax 2% plus 20% of the employee rate (see the Instructions for Form 941-X). Military free turbo tax For Medicare taxes; employer rate of 1. Military free turbo tax 45% plus 20% of the employee rate of 1. Military free turbo tax 45%, for a total rate of 1. Military free turbo tax 74% of wages. Military free turbo tax For Additional Medicare Tax; 0. Military free turbo tax 18% (20% of the employee rate of 0. Military free turbo tax 9%) of wages subject to Additional Medicare Tax. Military free turbo tax For income tax withholding, the rate is 1. Military free turbo tax 5% of wages. Military free turbo tax   If the employer did not issue required information returns, the section 3509 rates are: For social security taxes; employer rate of 6. Military free turbo tax 2% plus 40% of the employee rate (see the Instructions for Form 941-X). Military free turbo tax For Medicare taxes; employer rate of 1. Military free turbo tax 45% plus 40% of the employee rate of 1. Military free turbo tax 45%, for a total rate of 2. Military free turbo tax 03% of wages. Military free turbo tax For Additional Medicare Tax; 0. Military free turbo tax 36% (40% of the employee rate of 0. Military free turbo tax 9%) of wages subject to Additional Medicare Tax. Military free turbo tax For income tax withholding, the rate is 3. Military free turbo tax 0% of wages. Military free turbo tax Relief provisions. Military free turbo tax   If you have a reasonable basis for not treating a worker as an employee, you may be relieved from having to pay employment taxes for that worker. Military free turbo tax To get this relief, you must file all required federal tax returns, including information returns, on a basis consistent with your treatment of the worker. Military free turbo tax You (or your predecessor) must not have treated any worker holding a substantially similar position as an employee for any periods beginning after 1977. Military free turbo tax See Publication 1976, Do You Qualify for Relief Under Section 530. Military free turbo tax IRS help. Military free turbo tax   If you want the IRS to determine whether a worker is an employee, file Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding. Military free turbo tax Voluntary Classification Settlement Program (VCSP). Military free turbo tax   Employers who are currently treating their workers (or a class or group of workers) as independent contractors or other nonemployees and want to voluntarily reclassify their workers as employees for future tax periods may be eligible to participate in the VCSP if certain requirements are met. Military free turbo tax To apply, use Form 8952, Application for Voluntary Classification Settlement Program (VCSP). Military free turbo tax For more information visit IRS. Military free turbo tax gov and enter “VCSP” in the search box. Military free turbo tax Business Owned and Operated by Spouses If you and your spouse jointly own and operate a business and share in the profits and losses, you are partners in a partnership, whether or not you have a formal partnership agreement. Military free turbo tax See Publication 541, Partnerships, for more details. Military free turbo tax The partnership is considered the employer of any employees, and is liable for any employment taxes due on wages paid to its employees. Military free turbo tax Exception—Qualified joint venture. Military free turbo tax   For tax years beginning after December 31, 2006, the Small Business and Work Opportunity Tax Act of 2007 (Public Law 110-28) provides that a “qualified joint venture,” whose only members are spouses filing a joint income tax return, can elect not to be treated as a partnership for federal tax purposes. Military free turbo tax A qualified joint venture conducts a trade or business where: The only members of the joint venture are spouses who file a joint income tax return, Both spouses materially participate (see Material participation in the Instructions for Schedule C (Form 1040), line G) in the trade or business (mere joint ownership of property is not enough), Both spouses elect to not be treated as a partnership, and The business is co-owned by both spouses and is not held in the name of a state law entity such as a partnership or limited liability company (LLC). Military free turbo tax   To make the election, all items of income, gain, loss, deduction, and credit must be divided between the spouses, in accordance with each spouse's interest in the venture, and reported on separate Schedules C or F as sole proprietors. Military free turbo tax Each spouse must also file a separate Schedule SE to pay self-employment taxes, as applicable. Military free turbo tax   Spouses using the qualified joint venture rules are treated as sole proprietors for federal tax purposes and generally do not need an EIN. Military free turbo tax If employment taxes are owed by the qualified joint venture, either spouse may report and pay the employment taxes due on the wages paid to the employees using the EIN of that spouse's sole proprietorship. Military free turbo tax Generally, filing as a qualified joint venture will not increase the spouses' total tax owed on the joint income tax return. Military free turbo tax However, it gives each spouse credit for social security earnings on which retirement benefits are based and for Medicare coverage without filing a partnership return. Military free turbo tax    Note. Military free turbo tax If your spouse is your employee, not your partner, see One spouse employed by another in section 3. Military free turbo tax   For more information on qualified joint ventures, visit IRS. Military free turbo tax gov and enter “qualified joint venture” in the search box. Military free turbo tax Exception—Community income. Military free turbo tax   If you and your spouse wholly own an unincorporated business as community property under the community property laws of a state, foreign country, or U. Military free turbo tax S. Military free turbo tax possession, you can treat the business either as a sole proprietorship (of the spouse who carried on the business) or a partnership. Military free turbo tax You may still make an election to be taxed as a qualified joint venture instead of a partnership. Military free turbo tax See Exception—Qualified joint venture , earlier. Military free turbo tax 3. Military free turbo tax Family Employees Child employed by parents. Military free turbo tax   Payments for the services of a child under age 18 who works for his or her parent in a trade or business are not subject to social security and Medicare taxes if the trade or business is a sole proprietorship or a partnership in which each partner is a parent of the child. Military free turbo tax If these payments are for work other than in a trade or business, such as domestic work in the parent's private home, they are not subject to social security and Medicare taxes until the child reaches age 21. Military free turbo tax However, see Covered services of a child or spouse , later in this section. Military free turbo tax Payments for the services of a child under age 21 who works for his or her parent, whether or not in a trade or business, are not subject to FUTA tax. Military free turbo tax Payments for the services of a child of any age who works for his or her parent are generally subject to income tax withholding unless the payments are for domestic work in the parent's home, or unless the payments are for work other than in a trade or business and are less than $50 in the quarter or the child is not regularly employed to do such work. Military free turbo tax One spouse employed by another. Military free turbo tax   The wages for the services of an individual who works for his or her spouse in a trade or business are subject to income tax withholding and social security and Medicare taxes, but not to FUTA tax. Military free turbo tax However, the payments for services of one spouse employed by another in other than a trade or business, such as domestic service in a private home, are not subject to social security, Medicare, and FUTA taxes. Military free turbo tax Covered services of a child or spouse. Military free turbo tax   The wages for the services of a child or spouse are subject to income tax withholding as well as social security, Medicare, and FUTA taxes if he or she works for: A corporation, even if it is controlled by the child's parent or the individual's spouse; A partnership, even if the child's parent is a partner, unless each partner is a parent of the child; A partnership, even if the individual's spouse is a partner; or An estate, even if it is the estate of a deceased parent. Military free turbo tax Parent employed by son or daughter. Military free turbo tax   When the employer is a son or daughter employing his or her parent the following rules apply. Military free turbo tax Payments for the services of a parent in the son’s or daughter’s (the employer’s) trade or business are subject to income tax withholding and social security and Medicare taxes. Military free turbo tax Payments for the services of a parent not in the son’s or daughter’s (the employer’s) trade or business are generally not subject to social security and Medicare taxes. Military free turbo tax    Social security and Medicare taxes do apply to payments made to a parent for domestic services if all of the following apply: The parent is employed by his or her son or daughter; The son or daughter (the employer) has a child or stepchild living in the home; The son or daughter (the employer) is a widow or widower, divorced, or living with a spouse who, because of a mental or physical condition, cannot care for the child or stepchild for at least 4 continuous weeks in a calendar quarter; and The child or stepchild is either under age 18 or requires the personal care of an adult for at least 4 continuous weeks in a calendar quarter due to a mental or physical condition. Military free turbo tax   Payments made to a parent employed by his or her child are not subject to FUTA tax, regardless of the type of services provided. Military free turbo tax 4. Military free turbo tax Employee's Social Security Number (SSN) You are required to get each employee's name and SSN and to enter them on Form W-2. Military free turbo tax This requirement also applies to resident and nonresident alien employees. Military free turbo tax You should ask your employee to show you his or her social security card. Military free turbo tax The employee may show the card if it is available. Military free turbo tax Do not accept a social security card that says “Not valid for employment. Military free turbo tax ” A social security number issued with this legend does not permit employment. Military free turbo tax You may, but are not required to, photocopy the social security card if the employee provides it. Military free turbo tax If you do not provide the correct employee name and SSN on Form W-2, you may owe a penalty unless you have reasonable cause. Military free turbo tax See Publication 1586, Reasonable Cause Regulations & Requirements for Missing and Incorrect Name/TINs, for information on the requirement to solicit the employee's SSN. Military free turbo tax Applying for a social security card. Military free turbo tax   Any employee who is legally eligible to work in the United States and does not have a social security card can get one by completing Form SS-5, Application for a Social Security Card, and submitting the necessary documentation. Military free turbo tax You can get Form SS-5 at SSA offices, by calling 1-800-772-1213, or from the SSA website at www. Military free turbo tax socialsecurity. Military free turbo tax gov/online/ss-5. Military free turbo tax html. Military free turbo tax The employee must complete and sign Form SS-5; it cannot be filed by the employer. Military free turbo tax You may be asked to supply a letter to accompany Form SS-5 if the employee has exceeded his or her yearly or lifetime limit for the number of replacement cards allowed. Military free turbo tax Applying for a social security number. Military free turbo tax   If you file Form W-2 on paper and your employee applied for an SSN but does not have one when you must file Form W-2, enter “Applied For” on the form. Military free turbo tax If you are filing electronically, enter all zeros (000-00-000) in the social security number field. Military free turbo tax When the employee receives the SSN, file Copy A of Form W-2c, Corrected Wage and Tax Statement, with the SSA to show the employee's SSN. Military free turbo tax Furnish copies B, C, and 2 of Form W-2c to the employee. Military free turbo tax Up to 25 Forms W-2c for each Form W-3c, Transmittal of Corrected Wage and Tax Statements, may now be filed per session over the Internet, with no limit on the number of sessions. Military free turbo tax For more information, visit the SSA's Employer W-2 Filing Instructions & Information webpage at www. Military free turbo tax socialsecurity. Military free turbo tax gov/employer. Military free turbo tax Advise your employee to correct the SSN on his or her original Form W-2. Military free turbo tax Correctly record the employee's name and SSN. Military free turbo tax   Record the name and number of each employee as they are shown on the employee's social security card. Military free turbo tax If the employee's name is not correct as shown on the card (for example, because of marriage or divorce), the employee should request a corrected card from the SSA. Military free turbo tax Continue to report the employee's wages under the old name until the employee shows you an updated social security card with the new name. Military free turbo tax If the SSA issues the employee a replacement card after a name change, or a new card with a different social security number after a change in alien work status, file a Form W-2c to correct the name/SSN reported for the most recently filed Form W-2. Military free turbo tax It is not necessary to correct other years if the previous name and number were used for years before the most recent Form W-2. Military free turbo tax IRS individual taxpayer identification numbers (ITINs) for aliens. Military free turbo tax   Do not accept an ITIN in place of an SSN for employee identification or for work. Military free turbo tax An ITIN is only available to resident and nonresident aliens who are not eligible for U. Military free turbo tax S. Military free turbo tax employment and need identification for other tax purposes. Military free turbo tax You can identify an ITIN because it is a nine-digit number, beginning with the number “9” with either a “7” or “8” as the fourth digit and is formatted like an SSN (for example, 9NN-7N-NNNN). Military free turbo tax    An individual with an ITIN who later becomes eligible to work in the United States must obtain an SSN. Military free turbo tax If the individual is currently eligible to work in the United States, instruct the individual to apply for an SSN and follow the instructions under Applying for a social security number, earlier. Military free turbo tax Do not use an ITIN in place of an SSN on Form W-2. Military free turbo tax Verification of social security numbers. Military free turbo tax   Employers and authorized reporting agents can use the Social Security Number Verification Service (SSNVS) to instantly verify up to 10 names and SSNs (per screen) at a time, or submit an electronic file of up to 250,000 names and SSNs and usually receive the results the next business day. Military free turbo tax Visit www. Military free turbo tax socialsecurity. Military free turbo tax gov/employer/ssnv. Military free turbo tax htm for more information. Military free turbo tax Registering for SSNVS. Military free turbo tax   You must register online and receive authorization from your employer to use SSNVS. Military free turbo tax To register, visit SSA's website at www. Military free turbo tax ssa. Military free turbo tax gov/employer and click on the Business Services Online link. Military free turbo tax Follow the registration instructions to obtain a user identification (ID) and password. Military free turbo tax You will need to provide the following information about yourself and your company. Military free turbo tax Name. Military free turbo tax SSN. Military free turbo tax Date of birth. Military free turbo tax Type of employer. Military free turbo tax EIN. Military free turbo tax Company name, address, and telephone number. Military free turbo tax Email address. Military free turbo tax   When you have completed the online registration process, SSA will mail a one-time activation code to your employer. Military free turbo tax You must enter the activation code online to use SSNVS. Military free turbo tax 5. Military free turbo tax Wages and Other Compensation Wages subject to federal employment taxes generally include all pay you give to an employee for services performed. Military free turbo tax The pay may be in cash or in other forms. Military free turbo tax It includes salaries, vacation allowances, bonuses, commissions, and fringe benefits. Military free turbo tax It does not matter how you measure or make the payments. Military free turbo tax Amounts an employer pays as a bonus for signing or ratifying a contract in connection with the establishment of an employer-employee relationship and an amount paid to an employee for cancellation of an employment contract and relinquishment of contract rights are wages subject to social security, Medicare, and FUTA taxes and income tax withholding. Military free turbo tax Also, compensation paid to a former employee for services performed while still employed is wages subject to employment taxes. Military free turbo tax More information. Military free turbo tax   See section 6 for a discussion of tips and section 7 for a discussion of supplemental wages. Military free turbo tax Also, see section 15 for exceptions to the general rules for wages. Military free turbo tax Publication 15-A provides additional information on wages, including nonqualified deferred compensation, and other compensation. Military free turbo tax Publication 15-B provides information on other forms of compensation, including: Accident and health benefits, Achievement awards, Adoption assistance, Athletic facilities, De minimis (minimal) benefits, Dependent care assistance, Educational assistance, Employee discounts, Employee stock options, Employer-provided cell phones, Group-term life insurance coverage, Health Savings Accounts, Lodging on your business premises, Meals, Moving expense reimbursements, No-additional-cost services, Retirement planning services, Transportation (commuting) benefits, Tuition reduction, and Working condition benefits. Military free turbo tax Employee business expense reimbursements. Military free turbo tax   A reimbursement or allowance arrangement is a system by which you pay the advances, reimbursements, and charges for your employees' business expenses. Military free turbo tax How you report a reimbursement or allowance amount depends on whether you have an accountable or a nonaccountable plan. Military free turbo tax If a single payment includes both wages and an expense reimbursement, you must specify the amount of the reimbursement. Military free turbo tax   These rules apply to all ordinary and necessary employee business expenses that would otherwise qualify for a deduction by the employee. Military free turbo tax Accountable plan. Military free turbo tax   To be an accountable plan, your reimbursement or allowance arrangement must require your employees to meet all three of the following rules. Military free turbo tax They must have paid or incurred deductible expenses while performing services as your employees. Military free turbo tax The reimbursement or advance must be paid for the expense and must not be an amount that would have otherwise been paid by the employee. Military free turbo tax They must substantiate these expenses to you within a reasonable period of time. Military free turbo tax They must return any amounts in excess of substantiated expenses within a reasonable period of time. Military free turbo tax   Amounts paid under an accountable plan are not wages and are not subject to income, social security, Medicare, and FUTA taxes. Military free turbo tax   If the expenses covered by this arrangement are not substantiated (or amounts in excess of substantiated expenses are not returned within a reasonable period of time), the amount paid under the arrangement in excess of the substantiated expenses is treated as paid under a nonaccountable plan. Military free turbo tax This amount is subject to income, social security, Medicare, and FUTA taxes for the first payroll period following the end of the reasonable period of time. Military free turbo tax   A reasonable period of time depends on the facts and circumstances. Military free turbo tax Generally, it is considered reasonable if your employees receive their advance within 30 days of the time they incur the expenses, adequately account for the expenses within 60 days after the expenses were paid or incurred, and return any amounts in excess of expenses within 120 days after the expenses were paid or incurred. Military free turbo tax Also, it is considered reasonable if you give your employees a periodic statement (at least quarterly) that asks them to either return or adequately account for outstanding amounts and they do so within 120 days. Military free turbo tax Nonaccountable plan. Military free turbo tax   Payments to your employee for travel and other necessary expenses of your business under a nonaccountable plan are wages and are treated as supplemental wages and subject to income, social security, Medicare, and FUTA taxes. Military free turbo tax Your payments are treated as paid under a nonaccountable plan if: Your employee is not required to or does not substantiate timely those expenses to you with receipts or other documentation, You advance an amount to your employee for business expenses and your employee is not required to or does not return timely any amount he or she does not use for business expenses, You advance or pay an amount to your employee regardless of whether you reasonably expect the employee to have business expenses related to your business, or You pay an amount as a reimbursement you would have otherwise paid as wages. Military free turbo tax   See section 7 for more information on supplemental wages. Military free turbo tax Per diem or other fixed allowance. Military free turbo tax   You may reimburse your employees by travel days, miles, or some other fixed allowance under the applicable revenue procedure. Military free turbo tax In these cases, your employee is considered to have accounted to you if your reimbursement does not exceed rates established by the Federal Government. Military free turbo tax The 2013 standard mileage rate for auto expenses was 56. Military free turbo tax 5 cents per mile. Military free turbo tax The rate for 2014 is 56 cents per mile. Military free turbo tax   The government per diem rates for meals and lodging in the continental United States are listed in Publication 1542, Per Diem Rates. Military free turbo tax Other than the amount of these expenses, your employees' business expenses must be substantiated (for example, the business purpose of the travel or the number of business miles driven). Military free turbo tax   If the per diem or allowance paid exceeds the amounts substantiated, you must report the excess amount as wages. Military free turbo tax This excess amount is subject to income tax withholding and payment of social security, Medicare, and FUTA taxes. Military free turbo tax Show the amount equal to the substantiated amount (for example, the nontaxable portion) in box 12 of Form W-2 using code “L. Military free turbo tax ” Wages not paid in money. Military free turbo tax   If in the course of your trade or business you pay your employees in a medium that is neither cash nor a readily negotiable instrument, such as a check, you are said to pay them “in kind. Military free turbo tax ” Payments in kind may be in the form of goods, lodging, food, clothing, or services. Military free turbo tax Generally, the fair market value of such payments at the time they are provided is subject to federal income tax withholding and social security, Medicare, and FUTA taxes. Military free turbo tax   However, noncash payments for household work, agricultural labor, and service not in the employer's trade or business are exempt from social security, Medicare, and FUTA taxes. Military free turbo tax Withhold income tax on these payments only if you and the employee agree to do so. Military free turbo tax Nonetheless, noncash payments for agricultural labor, such as commodity wages, are treated as cash payments subject to employment taxes if the substance of the transaction is a cash payment. Military free turbo tax Moving expenses. Military free turbo tax   Reimbursed and employer-paid qualified moving expenses (those that would otherwise be deductible by the employee) paid under an accountable plan are not includible in an employee's income unless you have knowledge the employee deducted the expenses in a prior year. Military free turbo tax Reimbursed and employer-paid nonqualified moving expenses are includible in income and are subject to employment taxes and income tax withholding. Military free turbo tax For more information on moving expenses, see Publication 521, Moving Expenses. Military free turbo tax Meals and lodging. Military free turbo tax   The value of meals is not taxable income and is not subject to income tax withholding and social security, Medicare, and FUTA taxes if the meals are furnished for the employer's convenience and on the employer's premises. Military free turbo tax The value of lodging is not subject to income tax withholding and social security, Medicare, and FUTA taxes if the lodging is furnished for the employer's convenience, on the employer's premises, and as a condition of employment. Military free turbo tax    “For the convenience of the employer” means you have a substantial business reason for providing the meals and lodging other than to provide additional compensation to the employee. Military free turbo tax For example, meals you provide at the place of work so that an employee is available for emergencies during his or her lunch period are generally considered to be for your convenience. Military free turbo tax   However, whether meals or lodging are provided for the convenience of the employer depends on all of the facts and circumstances. Military free turbo tax A written statement that the meals or lodging are for your convenience is not sufficient. Military free turbo tax 50% test. Military free turbo tax   If over 50% of the employees who are provided meals on an employer's business premises receive these meals for the convenience of the employer, all meals provided on the premises are treated as furnished for the convenience of the employer. Military free turbo tax If this 50% test is met, the value of the meals is excludable from income for all employees and is not subject to federal income tax withholding or employment taxes. Military free turbo tax For more information, see Publication 15-B. Military free turbo tax Health insurance plans. Military free turbo tax   If you pay the cost of an accident or health insurance plan for your employees, including an employee's spouse and dependents, your payments are not wages and are not subject to social security, Medicare, and FUTA taxes, or federal income tax withholding. Military free turbo tax Generally, this exclusion also applies to qualified long-term care insurance contracts. Military free turbo tax However, for income tax withholding, the value of health insurance benefits must be included in the wages of S corporation employees who own more than 2% of the S corporation (2% shareholders). Military free turbo tax For social security, Medicare, and FUTA taxes, the health insurance benefits are excluded from the wages only for employees and their dependents or for a class or classes of employees and their dependents. Military free turbo tax See Announcement 92-16 for more information. Military free turbo tax You can find Announcement 92-16 on page 53 of Internal Revenue Bulletin 1992-5. Military free turbo tax Health Savings Accounts and medical savings accounts. Military free turbo tax   Your contributions to an employee's Health Savings Account (HSA) or Archer medical savings account (MSA) are not subject to social security, Medicare, or FUTA taxes, or federal income tax withholding if it is reasonable to believe at the time of payment of the contributions they will be excludable from the income of the employee. Military free turbo tax To the extent it is not reasonable to believe they will be excludable, your contributions are subject to these taxes. Military free turbo tax Employee contributions to their HSAs or MSAs through a payroll deduction plan must be included in wages and are subject to social security, Medicare, and FUTA taxes and income tax withholding. Military free turbo tax However, HSA contributions made under a salary reduction arrangement in a section 125 cafeteria plan are not wages and are not subject to employment taxes or withholding. Military free turbo tax For more information, see the Instructions for Form 8889, Health Savings Accounts (HSAs). Military free turbo tax Medical care reimbursements. Military free turbo tax   Generally, medical care reimbursements paid for an employee under an employer's self-insured medical reimbursement plan are not wages and are not subject to social security, Medicare, and FUTA taxes, or income tax withholding. Military free turbo tax See Publication 15-B for an exception for highly compensated employees. Military free turbo tax Differential wage payments. Military free turbo tax   Differential wage payments are any payments made by an employer to an individual for a period during which the individual is performing service in the uniformed services while on active duty for a period of more than 30 days and represent all or a portion of the wages the individual would have received from the employer if the individual were performing services for the employer. Military free turbo tax   Differential wage payments are wages for income tax withholding, but are not subject to social security, Medicare, or FUTA taxes. Military free turbo tax Employers should report differential wage payments in box 1 of Form W-2. Military free turbo tax For more information about the tax treatment of differential wage payments, visit IRS. Military free turbo tax gov and enter “employees in a combat zone” in the search box. Military free turbo tax Fringe benefits. Military free turbo tax   You generally must include fringe benefits in an employee's gross income (but see Nontaxable fringe benefits next). Military free turbo tax The benefits are subject to income tax withholding and employment taxes. Military free turbo tax Fringe benefits include cars you provide, flights on aircraft you provide, free or discounted commercial flights, vacations, discounts on property or services, memberships in country clubs or other social clubs, and tickets to entertainment or sporting events. Military free turbo tax In general, the amount you must include is the amount by which the fair market value of the benefits is more than the sum of what the employee paid for it plus any amount the law excludes. Military free turbo tax There are other special rules you and your employees may use to value certain fringe benefits. Military free turbo tax See Publication 15-B for more information. Military free turbo tax Nontaxable fringe benefits. Military free turbo tax   Some fringe benefits are not taxable (or are minimally taxable) if certain conditions are met. Military free turbo tax See Publication 15-B for details. Military free turbo tax The following are some examples of nontaxable fringe benefits. Military free turbo tax Services provided to your employees at no additional cost to you. Military free turbo tax Qualified employee discounts. Military free turbo tax Working condition fringes that are property or services the employee could deduct as a business expense if he or she had paid for it. Military free turbo tax Examples include a company car for business use and subscriptions to business magazines. Military free turbo tax Certain minimal value fringes (including an occasional cab ride when an employee must work overtime and meals you provide at eating places you run for your employees if the meals are not furnished at below cost). Military free turbo tax Qualified transportation fringes subject to specified conditions and dollar limitations (including transportation in a commuter highway vehicle, any transit pass, and qualified parking). Military free turbo tax Qualified moving expense reimbursement. Military free turbo tax See Moving expenses , earlier in this section, for details. Military free turbo tax The use of on-premises athletic facilities, if substantially all of the use is by employees, their spouses, and their dependent children. Military free turbo tax Qualified tuition reduction an educational organization provides to its employees for education. Military free turbo tax For more information, see Publication 970, Tax Benefits for Education. Military free turbo tax Employer-provided cell phones provided primarily for a noncompensatory business reason. Military free turbo tax   However, do not exclude the following fringe benefits from the income of highly compensated employees unless the benefit is available to other employees on a nondiscriminatory basis. Military free turbo tax No-additional-cost services. Military free turbo tax Qualified employee discounts. Military free turbo tax Meals provided at an employer operated eating facility. Military free turbo tax Reduced tuition for education. Military free turbo tax  For more information, including the definition of a highly compensated employee, see Publication 15-B. Military free turbo tax When fringe benefits are treated as paid. Military free turbo tax   You may choose to treat certain noncash fringe benefits as paid by the pay period, by the quarter, or on any other basis you choose as long as you treat the benefits as paid at least once a year. Military free turbo tax You do not have to make a formal choice of payment dates or notify the IRS of the dates you choose. Military free turbo tax You do not have to make this choice for all employees. Military free turbo tax You may change methods as often as you like, as long as you treat all benefits provided in a calendar year as paid by December 31 of the calendar year. Military free turbo tax See Publication 15-B for more information, including a discussion of the special accounting rule for fringe benefits provided during November and December. Military free turbo tax Valuation of fringe benefits. Military free turbo tax   Generally, you must determine the value of fringe benefits no later than January 31 of the next year. Military free turbo tax Before January 31, you may reasonably estimate the value of the fringe benefits for purposes of withholding and depositing on time. Military free turbo tax Withholding on fringe benefits. Military free turbo tax   You may add the value of fringe benefits to regular wages for a payroll period and figure withholding taxes on the total, or you may withhold federal income tax on the value of the fringe benefits at the optional flat 25% supplemental wage rate. Military free turbo tax However, see Withholding on supplemental wages when an employee receives more than $1 million of supplemental wages during the calendar year in section 7. Military free turbo tax   You may choose not to withhold income tax on the value of an employee's personal use of a vehicle you provide. Military free turbo tax You must, however, withhold social security and Medicare taxes on the use of the vehicle. Military free turbo tax See Publication 15-B for more information on this election. Military free turbo tax Depositing taxes on fringe benefits. Military free turbo tax   Once you choose when fringe benefits are paid, you must deposit taxes in the same deposit period you treat the fringe benefits as paid. Military free turbo tax To avoid a penalty, deposit the taxes following the general deposit rules for that deposit period. Military free turbo tax   If you determine by January 31 you overestimated the value of a fringe benefit at the time you withheld and deposited for it, you may claim a refund for the overpayment or have it applied to your next employment tax return. Military free turbo tax See Valuation of fringe benefits , earlier. Military free turbo tax If you underestimated the value and deposited too little, you may be subject to a failure-to-deposit penalty. Military free turbo tax See section 11 for information on deposit penalties. Military free turbo tax   If you deposited the required amount of taxes but withheld a lesser amount from the employee, you can recover from the employee the social security, Medicare, or income taxes you deposited on his or her behalf, and included in the employee's Form W-2. Military free turbo tax However, you must recover the income taxes before April 1 of the following year. Military free turbo tax Sick pay. Military free turbo tax   In general, sick pay is any amount you pay under a plan to an employee who is unable to work because of sickness or injury. Military free turbo tax These amounts are sometimes paid by a third party, such as an insurance company or an employees' trust. Military free turbo tax In either case, these payments are subject to social security, Medicare, and FUTA taxes. Military free turbo tax Sick pay becomes exempt from these taxes after the end of 6 calendar months after the calendar month the employee last worked for the employer. Military free turbo tax The payments are always subject to federal income tax. Military free turbo tax See Publication 15-A for more information. Military free turbo tax 6. Military free turbo tax Tips Tips your employee receives from customers are generally subject to withholding. Military free turbo tax Your employee must report cash tips to you by the 10th of the month after the month the tips are received. Military free turbo tax The report should include tips you paid over to the employee for charge customers, tips the employee received directly from customers, and tips received from other employees under any tip-sharing arrangement. Military free turbo tax Both directly and indirectly tipped employees must report tips to you. Military free turbo tax No report is required for months when tips are less than $20. Military free turbo tax Your employee reports the tips on Form 4070, Employee's Report of Tips to Employer, or on a similar statement. Military free turbo tax The statement must be signed by the employee and must include: The employee's name, address, and SSN, Your name and address, The month or period the report covers, and The total of tips received during the month or period. Military free turbo tax Both Forms 4070 and 4070-A, Employee's Daily Record of Tips, are included in Publication 1244, Employee's Daily Record of Tips and Report to Employer. Military free turbo tax You are permitted to establish a system for electronic tip reporting by employees. Military free turbo tax See Regulations section 31. Military free turbo tax 6053-1(d). Military free turbo tax Collecting taxes on tips. Military free turbo tax   You must collect income tax, employee social security tax, and employee Medicare tax on the employee's tips. Military free turbo tax The withholding rules for withholding an employee's share of Medicare tax on tips also apply to withholding the Additional Medicare Tax once wages and tips exceed $200,000 in the calendar year. Military free turbo tax If an employee reports to you in writing $20 or more of tips in a month, the tips are also subject to FUTA tax. Military free turbo tax   You can collect these taxes from the employee's wages or from other funds he or she makes available. Military free turbo tax See Tips treated as supplemental wages in section 7 for more information. Military free turbo tax Stop collecting the employee social security tax when his or her wages and tips for tax year 2014 reach $117,000; collect the income and employee Medicare taxes for the whole year on all wages and tips. Military free turbo tax You are responsible for the employer social security tax on wages and tips until the wages (including tips) reach the limit. Military free turbo tax You are responsible for the employer Medicare tax for the whole year on all wages and tips. Military free turbo tax File Form 941 or Form 944 to report withholding and employment taxes on tips. Military free turbo tax Ordering rule. Military free turbo tax   If, by the 10th of the month after the month for which you received an employee's report on tips, you do not have enough employee funds available to deduct the employee tax, you no longer have to collect it. Military free turbo tax If there are not enough funds available, withhold taxes in the following order. Military free turbo tax Withhold on regular wages and other compensation. Military free turbo tax Withhold social security and Medicare taxes on tips. Military free turbo tax Withhold income tax on tips. Military free turbo tax Reporting tips. Military free turbo tax   Report tips and any collected and uncollected social security and Medicare taxes on Form W-2 and on Form 941, lines 5b, 5c, and 5d (Form 944, lines 4b, 4c, and 4d). Military free turbo tax Report an adjustment on Form 941, line 9 (Form 944, line 6), for the uncollected social security and Medicare taxes. Military free turbo tax Enter the amount of uncollected social security tax and Medicare tax on Form W-2, box 12, with codes “A” and “B. Military free turbo tax ” Do not include any uncollected Additional Medicare Tax in box 12 of Form W-2. Military free turbo tax See section 13 and the General Instructions for Forms W-2 and W-3. Military free turbo tax   Revenue Ruling 2012-18 provides guidance for employers regarding social security and Medicare taxes imposed on tips, including information on the reporting of the employer share of social security and Medicare taxes under section 3121(q), the difference between tips and service charges, and the section 45B credit. Military free turbo tax See Revenue Ruling 2012-18, 2012-26 I. Military free turbo tax R. Military free turbo tax B. Military free turbo tax 1032, available at www. Military free turbo tax irs. Military free turbo tax gov/irb/2012-26_IRB/ar07. Military free turbo tax html. Military free turbo tax Allocated tips. Military free turbo tax   If you operate a large food or beverage establishment, you must report allocated tips under certain circumstances. Military free turbo tax However, do not withhold income, social security, or Medicare taxes on allocated tips. Military free turbo tax   A large food or beverage establishment is one that provides food or beverages for consumption on the premises, where tipping is customary, and where there were normally more than 10 employees on a typical business day during the preceding year. Military free turbo tax   The tips may be allocated by one of three methods—hours worked, gross receipts, or good faith agreement. Military free turbo tax For information about these allocation methods, including the requirement to file Forms 8027 electronically if 250 or more forms are filed, see the Instructions for Form 8027. Military free turbo tax For information on filing Form 8027 electronically with the IRS, see Publication 1239. Military free turbo tax Tip Rate Determination and Education Program. Military free turbo tax   Employers may participate in the Tip Rate Determination and Education Program. Military free turbo tax The program primarily consists of two voluntary agreements developed to improve tip income reporting by helping taxpayers to understand and meet their tip reporting responsibilities. Military free turbo tax The two agreements are the Tip Rate Determination Agreement (TRDA) and the Tip Reporting Alternative Commitment (TRAC). Military free turbo tax A tip agreement, the Gaming Industry Tip Compliance Agreement (GITCA), is available for the gaming (casino) industry. Military free turbo tax To get more information about TRDA and TRAC agreements, see Publication 3144, Tips on Tips. Military free turbo tax Additionally, visit IRS. Military free turbo tax gov and enter “MSU tips” in the search box to get more information about GITCA, TRDA, or TRAC agreements. Military free turbo tax 7. Military free turbo tax Supplemental Wages Supplemental wages are wage payments to an employee that are not regular wages. Military free turbo tax They include, but are not limited to, bonuses, commissions, overtime pay, payments for accumulated sick leave, severance pay, awards, prizes, back pay, retroactive pay increases, and payments for nondeductible moving expenses. Military free turbo tax Other payments subject to the supplemental wage rules include taxable fringe benefits and expense allowances paid under a nonaccountable plan. Military free turbo tax How you withhold on supplemental wages depends on whether the supplemental payment is identified as a separate payment from regular wages. Military free turbo tax See Regulations section 31. Military free turbo tax 3402(g)-1 for additional guidance for wages paid after January 1, 2007. Military free turbo tax Also see Revenue Ruling 2008-29, 2008-24 I. Military free turbo tax R. Military free turbo tax B. Military free turbo tax 1149, available at www. Military free turbo tax irs. Military free turbo tax gov/irb/2008-24_IRB/ar08. Military free turbo tax html. Military free turbo tax Withholding on supplemental wages when an employee receives more than $1 million of supplemental wages from you during the calendar year. Military free turbo tax   Special rules apply to the extent supplemental wages paid to any one employee during the calendar year exceed $1 million. Military free turbo tax If a supplemental wage payment, together with other supplemental wage payments made to the employee during the calendar year, exceeds $1 million, the excess is subject to withholding at 39. Military free turbo tax 6% (or the highest rate of income tax for the year). Military free turbo tax Withhold using the 39. Military free turbo tax 6% rate without regard to the employee's Form W-4. Military free turbo tax In determining supplemental wages paid to the employee during the year, include payments from all businesses under common control. Military free turbo tax For more information, see Treasury Decision 9276, 2006-37 I. Military free turbo tax R. Military free turbo tax B. Military free turbo tax 423, available at www. Military free turbo tax irs. Military free turbo tax gov/irb/2006-37_IRB/ar09. Military free turbo tax html. Military free turbo tax Withholding on supplemental wage payments to an employee who does not receive $1 million of supplemental wages during the calendar year. Military free turbo tax   If the supplemental wages paid to the employee during the calendar year are less than or equal to $1 million, the following rules apply in determining the amount of income tax to be withheld. Military free turbo tax Supplemental wages combined with regular wages. Military free turbo tax   If you pay supplemental wages with regular wages but do not specify the amount of each, withhold federal income tax as if the total were a single payment for a regular payroll period. Military free turbo tax Supplemental wages identified separately from regular wages. Military free turbo tax   If you pay supplemental wages separately (or combine them in a single payment and specify the amount of each), the federal income tax withholding method depends partly on whether you withhold income tax from your employee's regular wages. Military free turbo tax If you withheld income tax from an employee's regular wages in the current or immediately preceding calendar year, you can use one of the following methods for the supplemental wages. Military free turbo tax Withhold a flat 25% (no other percentage allowed). Military free turbo tax If the supplemental wages are paid concurrently with regular wages, add the supplemental wages to the concurrently paid regular wages. Military free turbo tax If there are no concurrently paid regular wages, add the supplemental wages to alternatively, either the regular wages paid or to be paid for the current payroll period or the regular wages paid for the preceding payroll period. Military free turbo tax Figure the income tax withholding as if the total of the regular wages and supplemental wages is a single payment. Military free turbo tax Subtract the tax withheld from the regular wages. Military free turbo tax Withhold the remaining tax from the supplemental wages. Military free turbo tax If there were other payments of supplemental wages paid during the payroll period made before the current payment of supplemental wages, aggregate all the payments of supplemental wages paid during the payroll period with the regular wages paid during the payroll period, calculate the tax on the total, subtract the tax already withheld from the regular wages and the previous supplemental wage payments, and withhold the remaining tax. Military free turbo tax If you did not withhold income tax from the employee's regular wages in the current or immediately preceding calendar year, use method 1-b. Military free turbo tax This would occur, for example, when the value of the employee's withholding allowances claimed on Form W-4 is more than the wages. Military free turbo tax Regardless of the method you use to withhold income tax on supplemental wages, they are subject to social security, Medicare, and FUTA taxes. Military free turbo tax Example 1. Military free turbo tax You pay John Peters a base salary on the 1st of each month. Military free turbo tax He is single and claims one withholding allowance. Military free turbo tax In January he is paid $1,000. Military free turbo tax Using the wage bracket tables, you withhold $50 from this amount. Military free turbo tax In February, he receives salary of $1,000 plus a commission of $2,000, which you combine with regular wages and do not separately identify. Military free turbo tax You figure the withholding based on the total of $3,000. Military free turbo tax The correct withholding from the tables is $338. Military free turbo tax Example 2. Military free turbo tax You pay Sharon Warren a base salary on the 1st of each month. Military free turbo tax She is single and claims one allowance. Military free turbo tax Her May 1 pay is $2,000. Military free turbo tax Using the wage bracket tables, you withhold $188. Military free turbo tax On May 14 she receives a bonus of $1,000. Military free turbo tax Electing to use supplemental wage withholding method 1-b, you: Add the bonus amount to the amount of wages from the most recent base salary pay date (May 1) ($2,000 + $1,000 = $3,000). Military free turbo tax Determine the amount of withholding on the combined $3,000 amount to be $338 using the wage bracket tables. Military free turbo tax Subtract the amount withheld from wages on the most recent base salary pay date (May 1) from the combined withholding amount ($338 – $188 = $150). Military free turbo tax Withhold $150 from the bonus payment. Military free turbo tax Example 3. Military free turbo tax The facts are the same as in Example 2, except you elect to use the flat rate method of withholding on the bonus. Military free turbo tax You withhold 25% of $1,000, or $250, from Sharon's bonus payment. Military free turbo tax Example 4. Military free turbo tax The facts are the same as in Example 2, except you elect to pay Sharon a second bonus of $2,000 on May 28. Military free turbo tax Using supplemental wage withholding method 1-b, you: Add the first and second bonus amounts to the amount of wages from the most recent base salary pay date (May 1) ($2,000 + $1,000 + $2,000 = $5,000). Military free turbo tax Determine the amount of withholding on the combined $5,000 amount to be $781 using the wage bracket tables. Military free turbo tax Subtract the amounts withheld from wages on the most recent base salary pay date (May 1) and the amounts withheld from the first bonus payment from the combined withholding amount ($781 – $188 – $150 = $443). Military free turbo tax Withhold $443 from the second bonus payment. Military free turbo tax Tips treated as supplemental wages. Military free turbo tax   Withhold income tax on tips from wages earned by the employee or from other funds the employee makes available. Military free turbo tax If an employee receives regular wages and reports tips, figure income tax withholding as if the tips were supplemental wages. Military free turbo tax If you have not withheld income tax from the regular wages, add the tips to the regular wages. Military free turbo tax Then withhold income tax on the total. Military free turbo tax If you withheld income tax from the regular wages, you can withhold on the tips by method 1-a or 1-b discussed earlier in this section under Supplemental wages identified separately from regular wages. Military free turbo tax Vacation pay. Military free turbo tax   Vacation pay is subject to withholding as if it were a regular wage payment. Military free turbo tax When vacation pay is in addition to regular wages for the vacation period, treat it as a supplemental wage payment. Military free turbo tax If the vacation pay is for a time longer than your usual payroll period, spread it over the pay periods for which you pay it. Military free turbo tax 8. Military free turbo tax Payroll Period Your payroll period is a period of service for which you usually pay wages. Military free turbo tax When you have a regular payroll period, withhold income tax for that time period even if your employee does not work the full period. Military free turbo tax No regular payroll period. Military free turbo tax   When you do not have a regular payroll period, withhold the tax as if you paid wages for a daily or miscellaneous payroll period. Military free turbo tax Figure the number of days (including Sundays and holidays) in the period covered by the wage payment. Military free turbo tax If the wages are unrelated to a specific length of time (for example, commissions paid on completion of a sale), count back the number of days from the payment period to the latest of: The last wage payment made during the same calendar year, The date employment began, if during the same calendar year, or January 1 of the same year. Military free turbo tax Employee paid for period less than 1 week. Military free turbo tax   When you pay an employee for a period of less than one week, and the employee signs a statement under penalties of perjury indicating he or she is not working for any other employer during the same week for wages subject to withholding, figure withholding based on a weekly payroll period. Military free turbo tax If the employee later begins to work for another employer for wages subject to withholding, the employee must notify you within 10 days. Military free turbo tax You then figure withholding based on the daily or miscellaneous period. Military free turbo tax 9. Military free turbo tax Withholding From Employees' Wages Income Tax Withholding Using Form W-4 to figure withholding. Military free turbo tax   To know how much federal income tax to withhold from employees' wages, you should have a Form W-4 on file for each employee. Military free turbo tax Encourage your employees to file an updated Form W-4 for 2014, especially if they owed taxes or received a large refund when filing their 2013 tax return. Military free turbo tax Advise your employees to use the IRS Withholding Calculator on the IRS website at www. Military free turbo tax irs. Military free turbo tax gov/individuals for help in determining how many withholding allowances to claim on their Forms W-4. Military free turbo tax   Ask all new employees to give you a signed Form W-4 when they start work. Military free turbo tax Make the form effective with the first wage payment. Military free turbo tax If a new employee does not give you a completed Form W-4, withhold income tax as if he or she is single, with no withholding allowances. Military free turbo tax Form in Spanish. Military free turbo tax   You can provide Formulario W-4(SP), Certificado de Exención de Retenciones del Empleado, in place of Form W-4, to your Spanish-speaking employees. Military free turbo tax For more information, see Publicación 17(SP), El Impuesto Federal sobre los Ingresos (Para Personas Físicas). Military free turbo tax The rules discussed in this section that apply to Form W-4 also apply to Formulario W-4(SP). Military free turbo tax Electronic system to receive Form W-4. Military free turbo tax   You may establish a system to electronically receive Forms W-4 from your employees. Military free turbo tax See Regulations section 31. Military free turbo tax 3402(f)(5)-1(c) for more information. Military free turbo tax Effective date of Form W-4. Military free turbo tax   A Form W-4 remains in effect until the employee gives you a new one. Military free turbo tax When you receive a new Form W-4 from an employee, do not adjust withholding for pay periods before the effective date of the new form. Military free turbo tax If an employee gives you a Form W-4 that replaces an existing Form W-4, begin withholding no later than the start of the first payroll period ending on or after the 30th day from the date when you received the replacement Form W-4. Military free turbo tax For exceptions, see Exemption from federal income tax withholding , IRS review of requested Forms W-4 , and Invalid Forms W-4 , later in this section. Military free turbo tax A Form W-4 that makes a change for the next calendar year will not take effect in the current calendar year. Military free turbo tax Successor employer. Military free turbo tax   If you are a successor employer (see Successor employer , later in this section), secure new Forms W-4 from the transferred employees unless the “Alternative Procedure” in section 5 of Revenue Procedure 2004-53 applies. Military free turbo tax See Revenue Procedure 2004-53, 2004-34 I. Military free turbo tax R. Military free turbo tax B. Military free turbo tax 320, available at www. Military free turbo tax irs. Military free turbo tax gov/irb/2004-34_IRB/ar13. Military free turbo tax html. Military free turbo tax Completing Form W-4. Military free turbo tax   The amount of any federal income tax withholding must be based on marital status and withholding allowances. Military free turbo tax Your employees may not base their withholding amounts on a fixed dollar amount or percentage. Military free turbo tax However, an employee may specify a dollar amount to be withheld in addition to the amount of withholding based on filing status and withholding allowances claimed on Form W-4. Military free turbo tax Employees may claim fewer withholding allowances than they are entitled to claim. Military free turbo tax They may wish to claim fewer allowances to ensure they have enough withholding or to offset the tax on other sources of taxable income not subject to withholding. Military free turbo tax See Publication 505, Tax Withholding and Estimated Tax, for more information about completing Form W-4. Military free turbo tax Along with Form W-4, you may wish to order Publication 505 for use by your employees. Military free turbo tax Do not accept any withholding or estimated tax payments from your employees in addition to withholding based on their Form W-4. Military free turbo tax If they require additional withholding, they should submit a new Form W-4 and, if necessary, pay estimated tax by filing Form 1040-ES, Estimated Tax for Individuals, or by using the Electronic Federal Tax Payment System (EFTPS) to make estimated tax payments. Military free turbo tax Exemption from federal income tax withholding. Military free turbo tax   Generally, an employee may claim exemption from federal income tax withholding because he or she had no income tax liability last year and expects none this year. Military free turbo tax See the Form W-4 instructions for more information. Military free turbo tax However, the wages are still subject to social security and Medicare taxes. Military free turbo tax See also Invalid Forms W-4 , later in this section. Military free turbo tax   A Form W-4 claiming exemption from withholding is effective when it is filed with the employer and only for that calendar year. Military free turbo tax To continue to be exempt from withholding in the next calendar year, an employee must give you a new Form W-4 by February 15. Military free turbo tax If the employee does not give you a new Form W-4 by February 15, begin withholding based on the last Form W-4 for the employee that did not claim an exemption from withholding or, if one was not filed, then withhold tax as if he or she is single with zero withholding allowances. Military free turbo tax If the employee provides a new Form W-4 claiming exemption from withholding on February 16 or later, you may apply it to future wages but do not refund any taxes already withheld. Military free turbo tax Withholding income taxes on the wages of nonresident alien employees. Military free turbo tax   In general, you must withhold federal income taxes on the wages of nonresident alien employees. Military free turbo tax However, see Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities, for exceptions to this general rule. Military free turbo tax Also see section 3 of Publication 51 (Circular A), Agricultural Employer's Tax Guide, for guidance on H-2A visa workers. Military free turbo tax Withholding adjustment for nonresident alien employees. Military free turbo tax   For 2014, apply the procedure discussed next to figure the amount of income tax to withhold from the wages of nonresident alien employees performing services within the United States. Military free turbo tax Nonresident alien students from India and business apprentices from India are not subject to this procedure. Military free turbo tax Instructions. Military free turbo tax   To figure how much income tax to withhold from the wages paid to a nonresident alien employee performing services in the United States, use the following steps. Military free turbo tax Step 1. Military free turbo tax   Add to the wages paid to the nonresident alien employee for the payroll period the amount shown in the chart below for the applicable payroll period. Military free turbo tax    Amount to Add to Nonresident Alien Employee's Wages for Calculating Income Tax Withholding Only   Payroll Period Add Additional     Weekly $ 43. Military free turbo tax 30     Biweekly 86. Military free turbo tax 50     Semimonthly 93. Military free turbo tax 80     Monthly 187. Military free turbo tax 50     Quarterly 562. Military free turbo tax 50     Semiannually 1,125. Military free turbo tax 00     Annually 2,250. Military free turbo tax 00     Daily or Miscellaneous (each day of the payroll period) 8. Military free turbo tax 70   Step 2. Military free turbo tax   Use the amount figured in Step 1 and the number of withholding allowances claimed (generally limited to one allowance) to figure income tax withholding. Military free turbo tax Determine the value of withholding allowances by multiplying the number of withholding allowances claimed by the appropriate amount from Table 5. Military free turbo tax Percentage Method—2014 Amount for One Withholding Allowance shown on page 41. Military free turbo tax If you are using the Percentage Method Tables for Income Tax Withholding, provided on pages 43–44, reduce the amount figured in Step 1 by the value of withholding allowances and use that reduced amount to figure the income tax withholding. Military free turbo tax If you are using the Wage Bracket Method for Income Tax Withholding, provided on pages 45–64, use the amount figured in Step 1 and the number of withholding allowances to figure income tax withholding. Military free turbo tax The amounts from the chart above are added to wages solely for calculating income tax withholding on the wages of the nonresident alien employee. Military free turbo tax The amounts from the chart should not be included in any box on the employee's Form W-2 and do not increase the income tax liability of the employee. Military free turbo tax Also, the amounts from the chart do not increase the social security tax or Medicare tax liability of the employer or the employee, or the FUTA tax liability of the employer. Military free turbo tax This procedure only applies to nonresident alien employees who have wages subject to income tax withholding. Military free turbo tax Example. Military free turbo tax An employer using the percentage method of withholding pays wages of $500 for a biweekly payroll period to a married nonresident alien employee. Military free turbo tax The nonresident alien has properly completed Form W-4, entering marital status as “single” with one withholding allowance and indicating status as a nonresident alien on Form W-4, line 6 (see Nonresident alien employee's Form W-4 , later in this section). Military free turbo tax The employer determines the wages to be used in the withholding tables by adding to the $500 amount of wages paid the amount of $86. Military free turbo tax 50 from the chart under Step 1 ($586. Military free turbo tax 50 total). Military free turbo tax The employer then applies the applicable tables to determine the income tax withholding for nonresident aliens (see Step 2 ). Military free turbo tax Reminder: If you use the Percentage Method Tables for Income Tax Withholding, reduce the amount figured in Step 1 by the value of withholding allowances and use that reduced amount to figure income tax withholding. Military free turbo tax The $86. Military free turbo tax 50 added to wages for calculating income tax withholding is not reported on Form W-2, and does not increase the income tax liability of the employee. Military free turbo tax Also, the $86. Military free turbo tax 50 added to wages does not affect the social security tax or Medicare tax liability of the employer or the employee, or the FUTA tax liability of the employer. Military free turbo tax Supplemental wage payment. Military free turbo tax   This procedure for determining the amount of income tax withholding does not apply to a supplemental wage payment (see section 7) if the 39. Military free turbo tax 6% mandatory flat rate withholding applies or if the 25% optional flat rate withholding is being used to calculate income tax withholding on the supplemental wage payment. Military free turbo tax Nonresident alien employee's Form W-4. Military free turbo tax   When completing Forms W-4, nonresident aliens are required to: Not claim exemption from income tax withholding, Request withholding as if they are single, regardless of their actual marital status, Claim only one allowance (if the nonresident alien is a resident of Canada, Mexico, or South Korea, or a student or business apprentice from India, he or she may claim more than one allowance), and Write “Nonresident Alien” or “NRA” above the dotted line on line 6 of Form W-4. Military free turbo tax   If you maintain an electronic Form W-4 system, you should provide a field for nonresident aliens to enter nonresident alien status in lieu of writing “Nonresident Alien” or “NRA” above the dotted line on line 6. Military free turbo tax A nonresident alien employee may request additional withholding at his or her option for other purposes, although such additions should not be necessary for withholding to cover federal income tax liability related to employment. Military free turbo tax Form 8233. Military free turbo tax   If a nonresident alien employee claims a tax treaty exemption from withholding, the employee must submit Form 8233, Exemption From Withholding on Compensation for Independent (and Certain Dependent) Personal Services of a Nonresident Alien Individual, with respect to the income exempt under the treaty, instead of Form W-4. Military free turbo tax See Publication 515 for details. Military free turbo tax IRS review of requested Forms W-4. Military free turbo tax   When requested by the IRS, you must make original Forms W-4 available for inspection by an IRS employee. Military free turbo tax You may also be directed to send certain Forms W-4 to the IRS. Military free turbo tax You may receive a notice from the IRS requiring you to submit a copy of Form W-4 for one or more of your named employees. Military free turbo tax Send the requested copy or copies of Form W-4 to the IRS at the address provided and in the manner directed by the notice. Military free turbo tax The IRS may also require you to submit copies of Form W-4 to the IRS as directed by Treasury Decision 9337, 2007-35 I. Military free turbo tax R. Military free turbo tax B. Military free turbo tax 455, which is available at www. Military free turbo tax irs. Military free turbo tax gov/irb/2007-35_IRB/ar10. Military free turbo tax html. Military free turbo tax When we refer to Form W-4, the same rules apply to Formulario W-4(SP), its Spanish translation. Military free turbo tax After submitting a copy of a requested Form W-4 to the IRS, continue to withhold federal income tax based on that Form W-4 if it is valid (see Invalid Forms W-4 , later in this section). Military free turbo tax However, if the IRS later notifies you in writing the employee is not entitled to claim exemption from withholding or a claimed number of withholding allowances, withhold federal income tax based on the effective date, marital status, and maximum number of withholding allowances specified in the IRS notice (commonly referred to as a "lock-in letter
Print - Click this link to Print this page

Understanding your CP23 Notice

We made changes to your return because we found a difference between the amount of estimated tax payments on your tax return and the amount we posted to your account. You have a balance due because of these changes.

Printable samples of this notice (PDF)

Tax publications you may find useful

How to get help

Calling the 1-800 number listed on the top right corner of your notice is the fastest way to get your questions answered.

You can also authorize someone (such as an accountant) to contact the IRS on your behalf using this Power of Attorney and Declaration of Representative (Form 2848).

Or you may qualify for help from a Low Income Taxpayer Clinic.
 


What you need to do

  • Read your notice carefully — it will explain how much money you owe on your taxes.
  • Check the list of payments we applied to your account to see if we applied all the payments you made.
  • Correct the copy of your tax return that you kept for your records.
  • Pay the amount you owe by the date on the notice's payment coupon if you agree with the notice.
  • If you disagree with the notice, please contact us at the toll-free number listed on its top right-hand corner (within 60 days of the notice’s date).
  • Make payment arrangements if you can't pay the full amount you owe.

You may want to...


Answers to Common Questions

What should I do if I find you misapplied a payment or haven't credited a payment that I made?
Contact us with your information at the toll-free number listed on your notice. Please have your documentation (such as cancelled checks, amended return, etc.) ready when you call. Our representative will discuss the issue with you and give you further instructions.

What should I do if I disagree with the changes you made?
Contact us at the toll free number listed on the top right-hand corner of your notice.

How do I adjust my estimated tax payments?
You can adjust your estimated tax payments by completing a Form 1040-ES, Estimated Tax for Individuals. See Publication 505, Tax Withholding and Estimated Tax for more information.

What should I do if I need to make another correction to my tax return?
You'll need to file Form 1040X, Amended U.S. Individual Income Tax Return.

Do I have to pay interest on the amount I owe?
Interest will accrue on the amount you owe unless you pay it by the requested date on the notice's payment coupon.

Do I receive a penalty if I cannot pay the full amount?
Yes. You usually will receive a late payment penalty. Notice 746, Information About Your Notice, Penalty and Interest has more information about penalties and interest.

What happens if I cannot pay the full amount I owe?
You can arrange to make a payment plan with us if you can't pay the full amount you owe.

How can I set up a payment plan?
Call the toll-free number listed on the top right-hand corner of your notice to discuss payment options, or learn more about payment arrangements.

What happens if I don't pay?
We can file a Notice of Federal Tax Lien. The lien gives us a legal claim to your property for payment for your tax debt.


Tips for next year

Consider filing your taxes electronically. Filing online can help you avoid mistakes and find credits and deductions that you may qualify for. In many cases you can file for free. Learn more about e-file.

Page Last Reviewed or Updated: 03-Mar-2014

The Military Free Turbo Tax

Military free turbo tax 14. Military free turbo tax   Venta de Bienes Table of Contents Recordatorio Introduction Useful Items - You may want to see: Ventas y CanjesQué es una Venta o Canje Cómo Calcular Pérdidas o Ganancias Canjes no Sujetos a Impuestos Traspasos entre Cónyuges Transacciones entre Partes Vinculadas Pérdidas y Ganancias de CapitalPérdidas o Ganancias Ordinarias o de Capital Bienes de Capital y Bienes que no Son de Capital Período de Tenencia Deudas Incobrables no Empresariales Ventas Ficticias Reinversiones de Ganancia de Valores Cotizados en Bolsa Recordatorio Ingresos del extranjero. Military free turbo tax  Si es ciudadano de los EE. Military free turbo tax UU. Military free turbo tax y vende propiedad ubicada fuera de los Estados Unidos, tiene que declarar todas las ganancias y pérdidas provenientes de la venta de dicha propiedad en su declaración de impuestos, a menos que esté exenta conforme a las leyes de los Estados Unidos. Military free turbo tax Este es el caso independientemente de si vive en o fuera de los Estados Unidos e independientemente de si recibe o no un Formulario 1099 del pagador. Military free turbo tax Introduction Este capítulo trata sobre las consecuencias tributarias de vender o canjear bienes de inversión. Military free turbo tax Entre los temas que se explican, se encuentran: Qué es una venta o canje. Military free turbo tax Cómo calcular una ganancia o pérdida. Military free turbo tax Canjes no sujetos a impuestos. Military free turbo tax Transacciones entre partes vinculadas. Military free turbo tax Pérdidas o ganancias de capital. Military free turbo tax Bienes de capital y bienes que no son de capital. Military free turbo tax Período de tenencia. Military free turbo tax Reinversión de la ganancia proveniente de la venta de valores cotizados en bolsa. Military free turbo tax Otras transacciones de bienes. Military free turbo tax   Algunos traspasos de bienes no se tratan aquí. Military free turbo tax Éstos se explican en otras publicaciones del IRS. Military free turbo tax Dichas transacciones incluyen: La venta de una vivienda principal, que se explica en el capítulo 15. Military free turbo tax Las ventas a plazos, las cuales se explican en la Publicación 537, Installment Sales (Ventas a plazo), en inglés. Military free turbo tax Las transacciones que incluyen propiedades comerciales, las cuales se explican en la Publicación 544, Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de bienes), en inglés. Military free turbo tax Las enajenaciones de una participación en una actividad pasiva, las cuales se explican en la Publicación 925, Passive Activity and At-Risk Rules (Actividad pasiva y las reglas sobre el monto de riesgo), en inglés. Military free turbo tax    La Publicación 550, Investment Income and Expenses (Including Capital Gains and Losses) (Ingresos y gastos de inversión (incluidas ganancias y pérdidas de capital)), en inglés, provee información más detallada acerca de las ventas y canjes de bienes de inversión. Military free turbo tax La Publicación 550 incluye información acerca de las reglas sobre deudas incobrables no empresariales, combinación de contratos de opción de compra y venta, contratos conforme a la sección 1256, contratos de opción de compra y venta, futuros de productos básicos, ventas en descubierto y ventas ficticias. Military free turbo tax También trata sobre los gastos relacionados con las inversiones. Military free turbo tax Useful Items - You may want to see: Publicación 550 Investment Income and Expenses (Ingresos y gastos de inversiones), en inglés Formulario (e Instrucciones) Anexo D (Formulario 1040) Capital Gains and Losses (Ganancias y pérdidas de capital), en inglés 8949 Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de activos de capital), en inglés 8824 Like-Kind Exchanges (Intercambios de bienes del mismo tipo), en inglés Ventas y Canjes Si durante el año vendió bienes como acciones, bonos o ciertos productos básicos a través de un agente corredor bursátil, por cada venta, éste debería entregarle el Formulario 1099-B, Proceeds From Broker and Barter Exchange Transactions (Ganancias de transacciones de agentes de bolsa y trueque), en inglés, o un documento sustitutivo. Military free turbo tax Por lo general, debería recibir el documento a más tardar el 15 de febrero del año siguiente. Military free turbo tax Este documento mostrará las ganancias brutas de la venta. Military free turbo tax Si usted vendió un valor bursátil amparado en el año 2013, la base de éste se indicará en su Formulario 1099-B (o documento sustitutivo). Military free turbo tax Por lo general, un valor bursátil amparado es un valor bursátil que usted adquirió después de 2010 con ciertas excepciones. Military free turbo tax Vea las Instrucciones para el Formulario 8949, en inglés. Military free turbo tax El corredor le entregará al IRS una copia del Formulario 1099-B. Military free turbo tax Use el Formulario 1099-B (o documento sustitutivo que le haya entregado el agente) para completar el Formulario 8949. Military free turbo tax Qué es una Venta o Canje En esta sección se explica qué es una venta o canje. Military free turbo tax También se explican ciertas transacciones y ciertos acontecimientos que se tratan como ventas o canjes. Military free turbo tax Normalmente, una “venta” es el traspaso de bienes por dinero o hipoteca, pagaré u otra promesa de pago. Military free turbo tax Un “canje” es el traspaso de bienes por otros bienes o servicios y se pueden imponer impuestos del mismo modo que una venta. Military free turbo tax Compra y venta. Military free turbo tax   Normalmente, una transacción no es un canje cuando vende voluntariamente bienes a cambio de efectivo e inmediatamente compra bienes similares para reponerlos. Military free turbo tax La venta y compra son dos transacciones separadas. Military free turbo tax No obstante, consulte Intercambios de bienes del mismo tipo bajo Canjes no Sujetos a Impuestos, más adelante. Military free turbo tax Redención de acciones. Military free turbo tax   Una redención de acciones se considera una venta o canje y está sujeta a las disposiciones de pérdidas o ganancias de capital a menos que la misma sea un dividendo u otra distribución de acciones. Military free turbo tax Dividendo versus venta o canje. Military free turbo tax   Una redención se trata como venta, canje, dividendo u otra distribución dependiendo de las circunstancias de cada caso. Military free turbo tax Se tendrá en cuenta tanto la titularidad directa como la titularidad indirecta de la cartera de acciones. Military free turbo tax La redención se considera una venta o canje de acciones si: La redención no es esencialmente equivalente a un dividendo (consulte el capítulo 8); Existe una redención de acciones muy desproporcionada; Existe una redención total de todas las acciones de la sociedad anónima que posee el accionista o Esta redención es una distribución en la liquidación parcial de una sociedad anónima. Military free turbo tax Redención o cancelación de bonos. Military free turbo tax   Normalmente, una redención o cancelación de bonos o pagarés al vencimiento se considera venta o canje. Military free turbo tax   Además, una modificación significativa de un bono se trata como un canje del bono original por uno nuevo. Military free turbo tax Para más información, vea la sección 1. Military free turbo tax 1001-3 del Reglamento. Military free turbo tax Rescate de acciones. Military free turbo tax   El rescate de acciones efectuado por un accionista predominante que retiene la titularidad de más de la mitad de las acciones con derecho de voto pertenecientes a la sociedad anónima se considera una aportación al capital y no una pérdida inmediata deducible del ingreso sujeto a impuestos. Military free turbo tax El accionista rescatante tiene que reasignar su base de las acciones rescatadas a las acciones que retuvo. Military free turbo tax Valores bursátiles sin valor. Military free turbo tax    Todas las acciones, los derechos de suscripción y bonos (que no sean aquéllos para la venta por un agente de valores) que perdieron por completo su valor durante el año tributario se considerarán vendidos el último día del año tributario. Military free turbo tax Esto es aplicable si su pérdida de capital es de largo o corto plazo. Military free turbo tax Consulte Período de Tenencia , más adelante. Military free turbo tax   Los valores bursátiles sin valor incluyen también aquéllos abandonados después del 12 de marzo de 2008. Military free turbo tax Para abandonar valores, tiene que renunciar permanentemente a todo derecho a los mismos sin recibir compensación alguna a cambio de éstos. Military free turbo tax Todos los hechos y circunstancias determinan si la transacción se caracteriza correctamente como abandono u otro tipo de transacción, como una venta o intercambio, aportación al capital, dividendo o regalo. Military free turbo tax    Si es contribuyente que usa el método de efectivo y realiza los pagos con un pagaré negociable que emitió para acciones que luego perdieron su valor, puede deducir estos pagos como pérdidas en los años en que realmente hizo los pagos. Military free turbo tax No los deduzca en el año en que las acciones perdieron su valor. Military free turbo tax Cómo declarar pérdidas. Military free turbo tax    Declare los valores bursátiles sin valor en la Parte I o en la Parte II del Formulario 8949, según corresponda. Military free turbo tax En la columna (a), anote “Worthless” (Sin valor). Military free turbo tax Declare las transacciones de valores bursátiles sin valor en el Formulario 8949. Military free turbo tax Marque el recuadro apropiado que corresponda a la clase de transacción. Military free turbo tax Vea el Formulario 8949 y las Instrucciones para el Formulario 8949, en inglés. Military free turbo tax Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), Capital Gains and Losses (Ganancias y pérdidas de capital), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. Military free turbo tax Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. Military free turbo tax Cómo reclamar un reembolso. Military free turbo tax   Si no reclama una pérdida de valores bursátiles sin valor en la declaración original del año en que perdieron su valor, puede reclamar un crédito o reembolso por pérdidas. Military free turbo tax Tiene que usar el Formulario 1040X, Amended U. Military free turbo tax S. Military free turbo tax Individual Income Tax Return (Declaración enmendada del impuesto federal estadounidense sobre los ingresos personales), en inglés, para enmendar la declaración del año en que sus valores perdieron valor. Military free turbo tax Tiene que presentar la declaración dentro de los 7 años a partir de la fecha en la que tenía que presentar su declaración original para ese año, o bien dentro de un plazo de 2 años a partir de la fecha en que pagó el impuesto, lo que suceda más tarde. Military free turbo tax Para obtener más información acerca de cómo presentar una reclamación, consulte Declaraciones Enmendadas y Reclamaciones de Reembolso en el capítulo 1. Military free turbo tax Cómo Calcular Pérdidas o Ganancias Calcule las pérdidas o ganancias en una venta o canje de bienes comparando la cantidad recibida con la base ajustada de los bienes. Military free turbo tax Ganancia. Military free turbo tax   Si la cantidad que recibe de una venta o canje es mayor que la base ajustada de los bienes que traspasa, la diferencia es una ganancia. Military free turbo tax Pérdida. Military free turbo tax   Si la base ajustada de los bienes que traspasa es mayor que la cantidad que recibe, la diferencia es una pérdida. Military free turbo tax Base ajustada. Military free turbo tax   La base ajustada de los bienes es su costo original u otra base original ajustada correctamente (aumentada o disminuida) para ciertos conceptos. Military free turbo tax Consulte el capítulo 13 para obtener más información acerca de cómo determinar la base ajustada de bienes. Military free turbo tax Cantidad recibida. Military free turbo tax   La cantidad que recibe de la venta o canje de bienes es todo lo que recibe por dichos bienes menos los gastos relacionados con la venta (cargos por redención, comisiones de ventas, gastos de ventas o exit fees (gastos por rescate anticipado de una inversión colocada en un fondo)). Military free turbo tax La cantidad recibida incluye el dinero que recibe, más el valor justo de mercado de los bienes o servicios que recibe. Military free turbo tax Si recibe un pagaré u otro instrumento de deuda por dichos bienes, para calcular la cantidad recibida, consulte How To Figure Gain or Loss (Cómo calcular las pérdidas o ganancias) en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax Si financia la compra que hace el comprador de sus bienes (los de usted) y el instrumento de deuda no abarca los suficientes intereses establecidos, los intereses no establecidos que tiene que declarar como ingreso ordinario disminuirán la cantidad recibida de la venta. Military free turbo tax Consulte la Publicación 537, en inglés, para obtener más información. Military free turbo tax Valor justo de mercado. Military free turbo tax   El valor justo de mercado es el precio que tienen los bienes al cambiar de dueño entre un comprador y un vendedor, sin que ninguno sea forzado a comprar o vender y teniendo ambos conocimiento razonable de todo hecho pertinente. Military free turbo tax Ejemplo. Military free turbo tax Usted canjea acciones de la Compañía A con una base ajustada de $7,000 por acciones de la Compañía B con un valor justo de mercado de $10,000, que es la cantidad que recibe. Military free turbo tax Su ganancia es $3,000 ($10,000 − $7,000). Military free turbo tax Deuda pagada por completo. Military free turbo tax    Una deuda sobre los bienes, o en contra de usted, que se haya pagado por completo como parte de la transacción o que el comprador asuma, se tiene que incluir en la cantidad recibida. Military free turbo tax Esto es aplicable aun si ni usted ni el comprador son personalmente responsables de la deuda. Military free turbo tax Por ejemplo, si vende o canjea bienes que estén sujetos a un préstamo sin recurso, la cantidad que reciba generalmente incluye la cantidad total del pagaré asumido por el comprador, aun si la cantidad del pagaré es mayor que el valor justo de mercado de los bienes. Military free turbo tax Ejemplo. Military free turbo tax Usted vende acciones que ha dado en garantía para un préstamo bancario de $8,000. Military free turbo tax Su base en las acciones es $6,000. Military free turbo tax El comprador paga la totalidad de su préstamo bancario y le paga a usted $20,000 en efectivo. Military free turbo tax La cantidad recibida es $28,000 ($20,000 + $8,000). Military free turbo tax Su ganancia es $22,000 ($28,000 − $6,000). Military free turbo tax Pago de efectivo. Military free turbo tax   Si canjea bienes y efectivo por otros bienes, la cantidad que reciba es el valor justo de mercado de los bienes que reciba. Military free turbo tax Determine sus pérdidas o ganancias restando el efectivo que pague más la base ajustada de los bienes que intercambie de la cantidad que reciba. Military free turbo tax Si el resultado es un número positivo, es una ganancia. Military free turbo tax Si el resultado es un número negativo, es una pérdida. Military free turbo tax Sin pérdidas ni ganancias. Military free turbo tax   Tal vez tenga que usar una base para calcular las ganancias distinta a la base para calcular las pérdidas. Military free turbo tax En este caso, puede que no tenga ni ganancias ni pérdidas. Military free turbo tax Consulte Base Distinta al Costo en el capítulo 13. Military free turbo tax Canjes no Sujetos a Impuestos Esta sección trata sobre los canjes que no suelen generar una ganancia sujeta a impuestos o pérdida deducible. Military free turbo tax Para obtener más información acerca de los canjes no sujetos a impuestos, consulte el capítulo 1 de la Publicación 544, en inglés. Military free turbo tax Intercambio de bienes del mismo tipo. Military free turbo tax   Si canjea bienes comerciales o de inversión por otros bienes comerciales o de inversión de un mismo tipo, no paga impuestos sobre las ganancias ni deduce pérdidas hasta que venda o enajene el bien que reciba. Military free turbo tax Para estar exento de impuestos, el canje tiene que satisfacer las seis condiciones siguientes: Los bienes tienen que ser comerciales o de inversión. Military free turbo tax Tiene que ser dueño de los bienes que canjea y los que recibe para fines de uso productivo en su ocupación o negocio o para inversión. Military free turbo tax Ninguno de los bienes se puede usar para propósitos personales, como por ejemplo su vivienda o automóvil familiar. Military free turbo tax Los bienes no pueden ser principalmente para la venta. Military free turbo tax Los bienes que canjee y los que reciba no pueden ser bienes que venda a clientes, como mercancías. Military free turbo tax Los bienes no pueden ser acciones, bonos, pagarés, derechos de acción, certificados de fideicomiso o derecho de usufructo ni otros valores o evidencia de deudas o intereses, incluidas las participaciones en sociedades colectivas. Military free turbo tax Sin embargo, vea Special rules for mutual ditch, reservoir, or irrigation company stock (Reglas especiales para acciones de compañías de zanjas de uso compartido, embalses o represas o de riego) en el capítulo 4 de la Publicación 550 para ver una excepción. Military free turbo tax Además, puede tener un canje no sujeto a impuestos de acciones de sociedades anónimas conforme a una regla distinta, como se describe más adelante. Military free turbo tax Tiene que canjear bienes del mismo tipo. Military free turbo tax El canje de bienes raíces por bienes raíces, o de bienes muebles por bienes muebles similares, es un canje de bienes del mismo tipo. Military free turbo tax El canje de un edificio de apartamentos habitacional por un edificio de tienda o de un furgón por una camioneta es un canje de bienes del mismo tipo. Military free turbo tax El canje de maquinaria por un edificio de tienda no es un canje de bienes del mismo tipo. Military free turbo tax Los bienes raíces ubicados dentro de los Estados Unidos y aquéllos ubicados fuera de los Estados Unidos no son bienes del mismo tipo. Military free turbo tax Asimismo, los bienes muebles utilizados predominantemente dentro de los Estados Unidos y los bienes muebles utilizados predominantemente fuera de los Estados Unidos no son bienes del mismo tipo. Military free turbo tax Los bienes que se reciben tienen que identificarse por escrito dentro de los 45 días después de la fecha en que haya traspasado los bienes entregados en el canje. Military free turbo tax Los bienes que se reciben tienen que recibirse a más tardar para una de las fechas siguientes, la que suceda antes: El día número 180 después de la fecha en que usted traspasó los bienes entregados en el canje o La fecha de vencimiento, incluidas las prórrogas, de su declaración de impuestos del año en que se produzca el traspaso de los bienes entregados en el canje. Military free turbo tax   Puede aplicar una regla especial si canjea bienes con una parte vinculada en un intercambio de bienes del mismo tipo. Military free turbo tax Consulte Transacciones entre Partes Vinculadas , más adelante en este capítulo. Military free turbo tax Además, consulte el capítulo 1 de la Publicación 544, en inglés, para obtener más información acerca de los intercambios de bienes comerciales y de reglas especiales para intercambios con intermediarios calificados o de varios bienes. Military free turbo tax Intercambio parcialmente no sujeto a impuestos. Military free turbo tax   Si recibe dinero o bienes que no son del mismo tipo además de bienes del mismo tipo, y se cumplen las seis condiciones anteriores, significa que tiene un canje parcialmente no sujeto a impuestos. Military free turbo tax Se gravan impuestos sobre las ganancias que obtenga, pero sólo hasta la cantidad de dinero y el valor justo de mercado de los bienes que reciba que no sean del mismo tipo. Military free turbo tax No puede deducir una pérdida. Military free turbo tax Traspaso de bienes del mismo tipo y de bienes que no son del mismo tipo. Military free turbo tax   Si entrega bienes que no son del mismo tipo además de bienes del mismo tipo, tiene que reconocer pérdidas o ganancias en aquéllos que entregue que no sean del mismo tipo. Military free turbo tax Las pérdidas o ganancias son la diferencia entre la base ajustada de los bienes que no son del mismo tipo y su valor justo de mercado. Military free turbo tax Bienes del mismo tipo y dinero traspasados. Military free turbo tax   Si se satisfacen todas las condiciones (1) a (6) que aparecen enumeradas anteriormente, tiene un canje no sujeto a impuestos aun si paga dinero además de los bienes del mismo tipo. Military free turbo tax Base de bienes recibidos. Military free turbo tax   Para calcular la base de los bienes recibidos, consulte Intercambios no Tributables en el capítulo 13. Military free turbo tax Cómo declarar el canje. Military free turbo tax   Tiene que declarar el canje de bienes del mismo tipo en el Formulario 8824, Like-Kind Exchanges (Intercambio de bienes del mismo tipo) en inglés. Military free turbo tax Si calcula pérdidas o ganancias reconocidas en el Formulario 8824, declárelas en el Anexo D (Formulario 1040) o en el Formulario 4797, Sales of Business Property (Ventas de bienes comerciales), en inglés, según corresponda. Military free turbo tax Vea las instrucciones para la línea 22 en las Instrucciones para el Formulario 8824, disponibles en inglés. Military free turbo tax   Para obtener más información acerca del uso del Formulario 4797, consulte el capítulo 4 de la Publicación 544, en inglés. Military free turbo tax Acciones de sociedades anónimas. Military free turbo tax   Los siguientes canjes de acciones de sociedades anónimas generalmente no resultan en una ganancia sujeta a impuestos o pérdida deducible. Military free turbo tax Reorganizaciones de sociedades anónimas. Military free turbo tax   En algunos casos, una compañía le entregará acciones ordinarias a cambio de acciones preferentes, acciones preferentes a cambio de acciones ordinarias, o bien acciones de una sociedad anónima a cambio de acciones de otra. Military free turbo tax Si esto es resultado de una fusión, recapitalización, traspaso a una sociedad anónima controlada, bancarrota (quiebra), división de sociedades anónimas, adquisición de sociedades anónimas u otra reorganización de sociedades anónimas, usted no reconoce pérdidas ni ganancias. Military free turbo tax Acciones por acciones de la misma sociedad anónima. Military free turbo tax   Puede intercambiar acciones ordinarias por acciones ordinarias o acciones preferentes por acciones preferentes de la misma sociedad anónima sin tener pérdidas ni ganancias reconocidas. Military free turbo tax Esto es aplicable en un canje entre dos accionistas y también en un canje entre un accionista y la sociedad anónima. Military free turbo tax Acciones y bonos convertibles. Military free turbo tax   Normalmente, no tendrá pérdidas ni ganancias reconocidas si convierte bonos en acciones o acciones preferentes en acciones ordinarias de la misma sociedad anónima, según un privilegio de conversión en los términos del bono o del certificado de las acciones preferentes. Military free turbo tax Bienes por acciones de una sociedad anónima controlada. Military free turbo tax   Si traspasa bienes a una sociedad anónima únicamente a cambio de acciones de esa sociedad anónima, e inmediatamente después del canje usted se queda con el control de la sociedad anónima, normalmente no reconocerá pérdidas ni ganancias. Military free turbo tax Esta regla se aplica a personas físicas y a grupos que traspasan bienes a una sociedad anónima. Military free turbo tax No es aplicable si la sociedad anónima es una sociedad inversionista. Military free turbo tax   Para estos efectos y para estar en control de una sociedad anónima, usted o su grupo de cesionistas tiene que poseer, inmediatamente después del intercambio, por lo menos el 80% del poder total combinado de votos de todas las clases de acciones con derecho a voto y por lo menos el 80% de las acciones en circulación de cada clase de acción sin derecho a voto de la sociedad anónima. Military free turbo tax   Si esta disposición es aplicable en su caso, puede tener que tenga que adjuntar a la declaración de impuestos una declaración completa de todo hecho pertinente al intercambio. Military free turbo tax Para más detalles, vea la sección 1. Military free turbo tax 351-3 del Reglamento. Military free turbo tax Información adicional. Military free turbo tax   Para obtener más información acerca de los canjes de acciones, consulte Nontaxable Trades (Canjes no sujetos a impuestos) en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax Pólizas de seguros y anualidades. Military free turbo tax   No tendrá ganancias ni pérdidas reconocidas si el asegurado o pensionista es el mismo en ambos contratos y usted intercambia: Un contrato de seguro de vida por otro contrato de seguro de vida o por un contrato dotal o de anualidad, o por un contrato de cuidados a largo plazo calificado; Un contrato dotal por otro contrato dotal que estipule pagos regulares, a partir de una fecha no posterior a la fecha de inicio conforme al contrato antiguo o por un contrato de anualidad o por un contrato de cuidados a largo plazo calificado; Un contrato de anualidad por otro contrato de anualidad o por un contrato de cuidados a largo plazo calificado o Un contrato de cuidados a largo plazo calificado por un contrato de cuidados a largo plazo calificado. Military free turbo tax   Puede que tampoco tenga que reconocer pérdidas ni ganancias en un intercambio de parte de un contrato de anualidad por otro contrato de anualidad. Military free turbo tax Para información sobre traspasos completados antes del 24 de octubre de 2011, consulte la Revenue Ruling 2003-76 (Resolución Administrativa Tributaria 2003-76 en el Internal Revenue Bulletin 2003-33 (Boletín de Impuestos Internos 2003-33), en inglés, y la Revenue Procedure 2008-24 (Procedimiento Tributario 2008-24) en el Internal Revenue Bulletin 2008-13 (Boletín de Impuestos Internos 2008-13). Military free turbo tax La Resolución Administrativa Tributaria 2003-76 está disponible en www. Military free turbo tax irs. Military free turbo tax gov/irb/2003-33_IRB/ar11. Military free turbo tax html. Military free turbo tax El Procedimiento Tributario 2008-24 está disponible en www. Military free turbo tax irs. Military free turbo tax gov/irb/2008-3_IRB/ar13. Military free turbo tax html. Military free turbo tax Para información sobre traspasos completados el 24 de octubre de 2011 o después, consulte la Resolución Administrativa Tributaria 2003-76, indicada anteriormente, y el Revenue Procedure 2011-38 (Procedimiento Tributario 2011-38) en el Internal Revenue Bulletin 2011-30 (Boletín de Impuestos Internos 2011-30), en inglés. Military free turbo tax El Procedimiento Tributario 2011-38 está disponible en www. Military free turbo tax irs. Military free turbo tax gov/irb/2011-30_IRB/ar09. Military free turbo tax html. Military free turbo tax   Para años tributarios que empiezan después del 31 de diciembre de 2010, las cantidades recibidas como una anualidad por un período de 10 años o más o por la vida de una o más personas físicas, conforme a cualquier parte de un contrato de anualidad, contrato dotal o de seguro de vida, son tratadas como un contrato por separado y se consideran anualidades parciales. Military free turbo tax Puede empezar a recibir los pagos correspondientes a una parte de una anualidad, contrato dotal o contrato de seguro de vida (anualización), provisto que el período de su distribución sea por 10 años o más, o por la vida de una o más personas físicas. Military free turbo tax La inversión en el contrato es asignada entre la parte del contrato cuyas cantidades se reciban como una anualidad y la parte del contrato cuyas cantidades no se reciban como una anualidad. Military free turbo tax   Los intercambios de contratos no incluidos en esta lista, como por ejemplo un contrato de anualidad por un contrato de seguro dotal, o bien un contrato de seguro dotal o anualidad por un contrato de seguro de vida, están sujetos a impuestos. Military free turbo tax Desmutualización de compañías de seguros de vida. Military free turbo tax   Si recibió acciones a cambio de su participación en el patrimonio neto como titular de póliza o pensionista, normalmente no tendrá pérdidas ni ganancias reconocidas. Military free turbo tax Consulte Demutualization of Life Insurance Companies (Desmutualización de compañías de seguros de vida) en la Publicación 550, en inglés. Military free turbo tax Pagarés o bonos del Tesoro de los Estados Unidos. Military free turbo tax   Puede canjear ciertas emisiones de obligación del Tesoro de los Estados Unidos por otras emisiones designadas por el Secretario del Tesoro, sin pérdidas ni ganancias reconocidas en el canje. Military free turbo tax Vea información adicional sobre este tema en el tema titulado Savings bonds traded (Cambio de los bonos de ahorro), en el capítulo 1 de la Publicación 550, en inglés. Military free turbo tax Traspasos entre Cónyuges En general, no se reconocen las pérdidas ni las ganancias en un traspaso de bienes de una persona física a (o en fideicomiso para el beneficio de) un cónyuge, o en caso de divorcio, a un ex cónyuge. Military free turbo tax Esta regla de no reconocimiento no es aplicable en las siguientes situaciones: El cónyuge o ex cónyuge beneficiario es extranjero no residente. Military free turbo tax Se traspasan bienes en fideicomiso y la obligación excede de la base. Military free turbo tax Las ganancias tienen que ser reconocidas en la medida en que la cantidad de las obligaciones asumidas por el fideicomiso, más las demás obligaciones sobre los bienes, sean mayores que la base ajustada de los mismos. Military free turbo tax Para otras situaciones, vea el tema titulado Transfers Between Spouses (Traspasos entre cónyuges), en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax El beneficiario trata todo traspaso de bienes a un cónyuge o ex cónyuge, sobre el cual no se reconocen pérdidas ni ganancias, como un regalo y no se considera venta ni intercambio. Military free turbo tax La base del beneficiario en los bienes será la misma que la base ajustada del donante inmediatamente antes del traspaso. Military free turbo tax Esta regla de traslado de la base se aplica independientemente de si la base ajustada de bienes traspasados es menor que, igual a, o mayor que el valor justo de mercado al momento del traspaso o menor que, igual a, o mayor que toda compensación pagada por el beneficiario. Military free turbo tax Esta regla es aplicable en la determinación de ganancias y pérdidas. Military free turbo tax Una ganancia reconocida sobre un traspaso de fideicomiso aumenta la base. Military free turbo tax Un traspaso de bienes está relacionado con un divorcio si el traspaso sucede dentro de 1 año después de la fecha en la que termina el matrimonio o si se relaciona con la terminación del matrimonio. Military free turbo tax Transacciones entre Partes Vinculadas Hay reglas especiales que son aplicables a la venta o canje de bienes entre partes vinculadas. Military free turbo tax Ganancias sobre ventas o canje de bienes depreciables. Military free turbo tax   Su ganancia de la venta o canje de bienes a una parte vinculada puede ser ingreso ordinario, y no ganancia de capital, si la parte que recibe los bienes puede depreciarlos. Military free turbo tax Para obtener más información, consulte el capítulo 3 de la Publicación 544, en inglés. Military free turbo tax Intercambio de bienes del mismo tipo. Military free turbo tax   Normalmente, si canjea bienes comerciales o de inversión por otros bienes comerciales o de inversión del mismo tipo, no se reconocen pérdidas ni ganancias. Military free turbo tax Consulte Intercambios de bienes del mismo tipo , anteriormente, bajo Canjes no Sujetos a Impuestos. Military free turbo tax   Esta regla también es aplicable a los canjes de bienes entre partes vinculadas, lo que se define a continuación en Pérdidas sobre ventas o canjes de bienes . Military free turbo tax Sin embargo, si usted o la parte vinculada enajena los bienes del mismo tipo dentro de los 2 años después del canje, ambos tienen que declarar pérdidas o ganancias no reconocidas en el canje original en la declaración presentada para el año en que se produzca la última enajenación. Military free turbo tax Las excepciones a esta regla se hallan en el tema titulado Related Party Transactions (Transacciones entre partes vinculadas), en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax Pérdidas sobre ventas o canjes de bienes. Military free turbo tax   No puede deducir una pérdida sobre la venta o canje de bienes, salvo una distribución de la liquidación completa de una sociedad anónima, si la transacción se hace directa o indirectamente entre usted y las siguientes partes vinculadas: Miembros de su familia. Military free turbo tax Incluye únicamente a sus hermanos y hermanas, medios hermanos y medias hermanas, cónyuge, antecesores (padres, abuelos, etc. Military free turbo tax ) y descendientes directos (hijos, nietos, etcétera). Military free turbo tax Una sociedad colectiva en la que tuvo directa o indirectamente más del 50% de la participación en el capital o en las utilidades. Military free turbo tax Una sociedad anónima en la que tuvo directa o indirectamente más del 50% del valor de las acciones en circulación. Military free turbo tax Consulte Propiedad implícita de acciones , más adelante. Military free turbo tax Una organización caritativa o educativa exenta de impuestos que usted o un miembro de su familia controla directa o indirectamente, de cualquier forma o método, sin importar si este control es ejecutable legalmente. Military free turbo tax   Además, no se puede deducir una pérdida sobre la venta o canje de bienes, si la transacción se hace directa o indirectamente entre las siguientes partes vinculadas: Un cesionista y un fiduciario, o el fiduciario y el beneficiario, de cualquier fideicomiso. Military free turbo tax Fiduciarios de dos fideicomisos diferentes, o el fiduciario y el beneficiario de dos fideicomisos diferentes, si la misma persona es el cesionista de ambos fideicomisos. Military free turbo tax Un fiduciario de fideicomiso y una sociedad anónima en la que más del 50% del valor de las acciones en circulación son de propiedad directa o indirecta del fideicomiso o para el mismo, o bien del cesionista del fideicomiso o para el mismo. Military free turbo tax Una sociedad anónima y una sociedad colectiva si las mismas personas poseen más del 50% del valor de las acciones en circulación de la sociedad anónima y más del 50% de participación en el capital o participación en las utilidades de la sociedad colectiva. Military free turbo tax Dos sociedades anónimas de tipo S si las mismas personas poseen más del 50% del valor de las acciones en circulación de cada sociedad anónima. Military free turbo tax Dos sociedades anónimas, una de las cuales es una sociedad anónima de tipo S, si las mismas personas poseen más del 50% del valor de las acciones en circulación de cada sociedad anónima. Military free turbo tax Un albacea y un beneficiario de un caudal hereditario (excepto en el caso de venta o canje para satisfacer una asignación testamentaria pecuniaria). Military free turbo tax Dos sociedades anónimas que sean miembros del mismo grupo controlado. Military free turbo tax (Sin embargo, en ciertas condiciones estas pérdidas no son denegadas, pero se tienen que diferir). Military free turbo tax Dos sociedades colectivas si las mismas personas poseen, directa o indirectamente, más del 50% de la participación en el capital o de las utilidades en ambas sociedades colectivas. Military free turbo tax Ventas o canjes de bienes múltiples. Military free turbo tax   Si vende a una parte vinculada o canjea con ésta una cantidad de paquetes de acciones o bienes en una suma global, tiene que calcular las pérdidas o ganancias por separado para cada paquete de acciones o bienes. Military free turbo tax Es posible que la ganancia por cada artículo pueda estar sujeta a impuestos. Military free turbo tax Sin embargo, no puede deducir la pérdida de artículo alguno. Military free turbo tax Tampoco puede reducir las ganancias provenientes de la venta de ninguno de estos artículos por las pérdidas provenientes de la venta de ninguno de los demás artículos. Military free turbo tax Transacciones indirectas. Military free turbo tax   No puede deducir las pérdidas de la venta de acciones a través de su agente si, conforme a un plan dispuesto previamente, una parte vinculada compra las mismas acciones que eran de usted. Military free turbo tax Esto no es aplicable a un canje entre partes vinculadas a través de un intercambio que sea absolutamente fortuito y que no haya sido programado con antelación. Military free turbo tax Propiedad implícita de acciones. Military free turbo tax   Para determinar si una persona posee directa o indirectamente acciones vigentes de una sociedad anónima, se aplican las siguientes reglas: Regla 1. Military free turbo tax   Las acciones de propiedad directa o indirecta de o para una sociedad anónima, sociedad colectiva, caudal hereditario o fideicomiso se consideran de propiedad proporcionalmente por o para sus accionistas, socios o beneficiarios. Military free turbo tax Regla 2. Military free turbo tax   Se considera que una persona es propietaria de las acciones poseídas directa o indirectamente por o para su familia. Military free turbo tax La familia incluye únicamente a hermanos y hermanas, medios hermanos y medias hermanas, cónyuge, antecesores y descendientes directos. Military free turbo tax Regla 3. Military free turbo tax   Se considera que una persona física que sea propietaria de acciones de una sociedad anónima, siempre y cuando no sea mediante la aplicación de la Regla 2, es propietaria de las acciones de las cuales su socio es propietario directo o indirecto. Military free turbo tax Regla 4. Military free turbo tax   Al aplicar la Regla 1, 2 ó 3, las acciones de las cuales es dueña implícita una persona conforme a la Regla 1 se consideran realmente propiedad de esa persona. Military free turbo tax Sin embargo, las acciones de propiedad implícita de una persona bajo la Regla 2 ó 3 no se consideran propiedad de esa persona si se usa nuevamente la Regla 2 ó 3 para hacer que otra persona sea el propietario implícito de dichas acciones. Military free turbo tax Bienes recibidos de una parte vinculada. Military free turbo tax    Si vende o canjea con ganancia bienes que adquirió de una parte vinculada, usted reconoce la ganancia solamente en la medida en que sea más que la pérdida previamente denegada a la parte vinculada. Military free turbo tax Esta regla es aplicable solamente si es cesionario original y adquiere los bienes mediante compra o intercambio. Military free turbo tax Esta regla no es aplicable si las pérdidas de la parte vinculada fueron denegadas debido a reglas de las ventas ficticias descritas en el capítulo 4 de la Publicación 550 bajo Wash Sales (Ventas ficticias), en inglés. Military free turbo tax   Si vende o canjea con pérdida bienes que adquirió de una parte vinculada, no puede reconocer la pérdida que no fue permisible para la parte vinculada. Military free turbo tax Ejemplo 1. Military free turbo tax Su hermano le vende acciones por $7,600. Military free turbo tax Su base de costo es $10,000. Military free turbo tax Su hermano no puede deducir la pérdida de $2,400. Military free turbo tax Después, usted vende las mismas acciones a una parte no vinculada por $10,500, obteniendo una ganancia de $2,900. Military free turbo tax La ganancia a declarar es $500, es decir, la ganancia de $2,900 menos la pérdida de $2,400 no permitida a su hermano. Military free turbo tax Ejemplo 2. Military free turbo tax Si en el Ejemplo 1 usted vende las acciones por $6,900 en lugar de $10,500, su pérdida reconocida es solamente $700 (su base de $7,600 menos $6,900). Military free turbo tax No puede deducir la pérdida no permitida a su hermano. Military free turbo tax Pérdidas y Ganancias de Capital Esta sección explica el trato tributario de las ganancias y pérdidas de diferentes tipos de transacciones de inversiones. Military free turbo tax Carácter de las pérdidas o ganancias. Military free turbo tax   Debe clasificar sus ganancias y pérdidas como pérdidas o ganancias ordinarias o de capital. Military free turbo tax Luego, debe clasificar sus ganancias y pérdidas de capital, ya sea a corto plazo o a largo plazo. Military free turbo tax Si tiene ganancias y pérdidas a largo plazo, tiene que identificar las ganancias y pérdidas a una tasa de 28%. Military free turbo tax Si tiene ganancias netas de capital, también tiene que identificar toda ganancia no recuperada conforme a la sección 1250. Military free turbo tax   La clasificación e identificación correcta le ayuda a calcular el límite sobre las pérdidas de capital y el impuesto correcto sobre las ganancias de capital. Military free turbo tax La declaración de las ganancias y pérdidas de capital se explica en el capítulo 16 . Military free turbo tax Pérdidas o Ganancias Ordinarias o de Capital Si tiene una ganancia sujeta a impuestos o una pérdida deducible proveniente de una transacción, es posible que sea ganancia o pérdida ordinaria o de capital, dependiendo de las circunstancias. Military free turbo tax Normalmente, la venta o canje de bienes de capital (definido a continuación) resulta en una pérdida o ganancia de capital. Military free turbo tax La venta o canje de bienes que no son de capital generalmente resulta en una pérdida o ganancia ordinaria. Military free turbo tax Según las circunstancias, una pérdida o ganancia sobre la venta o canje de bienes utilizados en su ocupación o negocio puede tratarse como ordinaria o de capital, como se explica en la Publicación 544, en inglés. Military free turbo tax En algunas situaciones, parte de las pérdidas o ganancias puede ser pérdida o ganancia de capital y otra parte puede ser pérdida o ganancia ordinaria. Military free turbo tax Bienes de Capital y Bienes que no Son de Capital La mayor parte de los bienes que usted posee y usa para fines personales, de placer o inversión constituye bienes de capital. Military free turbo tax Ejemplos de éstos incluyen: Acciones o bonos que tenga en su cuenta personal; Una vivienda de la cual usted es dueño y que usan usted y su familia; Mobiliario doméstico; Un automóvil usado para recreación o para trasladarse de su hogar a su trabajo; Colecciones de monedas o estampillas; Gemas y joyas y Oro, plata o cualquier otro metal. Military free turbo tax Todo bien que usted posea es bien de capital, a excepción de los siguientes bienes que no son de capital: Los bienes que posee principalmente para la venta a clientes o que físicamente formarán parte de la mercancía para la venta a clientes. Military free turbo tax Para una excepción a esta regla, vea Obras Musicales de Creación Propia Tratadas como Bienes de Capital , más adelante. Military free turbo tax Bienes depreciables usados en su ocupación o negocio, aun cuando estén completamente depreciados. Military free turbo tax Bienes raíces que usa en su ocupación o negocio. Military free turbo tax Derechos de autor, composiciones literarias, musicales o artísticas, cartas o memorandos, o bienes similares que sean: Creados con su propio esfuerzo, Preparados o producidos para usted (en el caso de una carta, memorándum o bienes similares) o Adquiridos bajo ciertas circunstancias (por ejemplo, como regalo), dándole a usted derecho a la base de la persona que creó la propiedad o para quien se preparó o se produjo. Military free turbo tax Para una excepción a esta regla, vea Obras Musicales de Creación Propia Tratadas como Bienes de Capital , más adelante. Military free turbo tax Cuentas o documentos por cobrar adquiridos en el curso normal de su ocupación o negocio por servicios prestados o provenientes de la venta de bienes que se describen en el punto (1). Military free turbo tax Publicaciones del Gobierno de los Estados Unidos que recibió del gobierno en forma gratuita o por menos del precio de venta normal, o que compró en circunstancias que le dieron derecho a la base de alguien que recibió las publicaciones en forma gratuita o por menos del precio de venta normal. Military free turbo tax Algunos instrumentos financieros derivados de productos básicos mantenidos por revendedores de derivados de productos básicos. Military free turbo tax Transacciones de cobertura, pero sólo si la transacción está claramente identificada como transacción de este tipo antes del cierre del día en que se adquirió, se originó o en que usted la firmó. Military free turbo tax Suministros del tipo que se usa o consume regularmente en el curso normal de su ocupación o negocio. Military free turbo tax Bienes de Inversión Los bienes de inversión son bienes de capital. Military free turbo tax Normalmente, una ganancia o pérdida proveniente de su venta o canje es una ganancia o pérdida de capital. Military free turbo tax Oro, plata, estampillas, monedas, gemas, etcétera. Military free turbo tax   Éstos son bienes de capital, excepto cuando están en posesión de un revendedor con fines de venta. Military free turbo tax Normalmente, la pérdida o ganancia que asume de esta venta o canje es una pérdida o ganancia de capital. Military free turbo tax Acciones, derechos de suscripción y bonos. Military free turbo tax   Todo lo anterior (incluidas las acciones recibidas como dividendo) son bienes de capital, excepto cuando un revendedor de valores los tiene para la venta. Military free turbo tax Sin embargo, si posee acciones de un pequeño negocio, consulte Pérdidas en Acciones conforme a la Sección 1244 (Pequeño Negocio) , más adelante, y Losses on Small Business Investment Company Stock (Pérdidas sobre acciones de sociedad inversionista especializada en pequeños negocios), en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax Bienes de Uso Personal Los bienes mantenidos sólo para uso personal y no para inversión son bienes de capital y, por lo tanto, tiene que declarar una ganancia procedente de su venta como ganancia de capital. Military free turbo tax Sin embargo, no puede deducir una pérdida por la venta de bienes de uso personal. Military free turbo tax Obras Musicales de Creación Propia Tratadas como Bienes de Capital Puede optar por tratar las obras musicales y los derechos de autor asociados con obras musicales como bienes de capital al venderlos o intercambiarlos si: Creó dichos bienes por medio de sus propios esfuerzos o Adquirió los bienes bajo condiciones (como regalo, por ejemplo) que le dieron derecho a la base de la persona que creó dichos bienes o de la persona para quien fueron preparados o producidos. Military free turbo tax Tiene que elegir una opción distinta para cada obra musical (o derecho de autor asociado con una obra musical) vendida o intercambiada durante el año tributario. Military free turbo tax Tiene que elegir la opción en, o antes de, la fecha de vencimiento del plazo de entrega (incluyendo prórrogas) de la declaración de impuestos del año de la venta o intercambio. Military free turbo tax Tiene que anotar la opción en el Formulario 8949, considerando la venta o intercambio como venta o intercambio de bienes de capital, conforme al Formulario 8949, el Anexo D (Formulario 1040) y sus instrucciones por separado, en inglés. Military free turbo tax Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. Military free turbo tax Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. Military free turbo tax Puede revocar esta opción si el IRS se lo aprueba. Military free turbo tax Para obtener la aprobación del IRS, tiene que enviar una solicitud al IRS para que éste le provea una carta de decisión sobre este asunto tributario conforme al Revenue Procedure (Procedimiento tributario) correspondiente a su situación. Military free turbo tax Vea, por ejemplo, el Procedimiento Tributario 2013-1, rectificado por el Anuncio 2013-9, que fue ampliado y modificado a su vez por el Procedimiento Tributario 2013-32, en el Internal Revenue Bulletin (Boletín de Impuestos Internos), en inglés, en www. Military free turbo tax irs. Military free turbo tax gov/irb/2013-01_IRB/ar06. Military free turbo tax html. Military free turbo tax Como alternativa, se le otorga una prórroga automática de 6 meses a partir de la fecha de vencimiento del plazo de entrega de su declaración de impuestos sobre el ingreso (excluyendo prórrogas) para revocar la opción, con la condición de que presente a tiempo la declaración de impuestos sobre el ingreso y, durante este plazo de prórroga de 6 meses, presente el Formulario 1040X en el que la venta o intercambio se considere como venta o intercambio de bienes no de capital. Military free turbo tax Instrumentos de Deuda Descontados Trate como ganancia o pérdida de capital su pérdida o ganancia de la venta, rescate o retiro de un bono u otro instrumento de deuda originalmente emitido con descuento o comprado con descuento, excepto según se explica a continuación. Military free turbo tax Deudas gubernamentales a corto plazo. Military free turbo tax   Trate las ganancias sobre las deudas de un gobierno federal, estatal o local a corto plazo (que no sean deudas exentas de impuestos) como ingresos ordinarios hasta su parte proporcional del descuento de adquisición. Military free turbo tax Este trato se aplica a deudas que tienen una fecha de vencimiento fija de no más de 1 año a partir de la fecha de emisión. Military free turbo tax El descuento de adquisiciones es el precio de rescate establecido al vencimiento menos la base de la deuda. Military free turbo tax   Sin embargo, no trate estas ganancias como ingreso en la medida en que haya incluido previamente el descuento en los ingresos. Military free turbo tax Consulte Discount on Short-Term Obligations (Descuento sobre deudas a corto plazo) en el capítulo 1 de la Publicación 550, en inglés. Military free turbo tax Deudas no gubernamentales a corto plazo. Military free turbo tax   Trate las ganancias sobre las deudas no gubernamentales a corto plazo como ingresos ordinarios hasta su parte proporcional del descuento de la emisión original (OID, por sus siglas en inglés). Military free turbo tax Este trato se aplica a deudas que tienen una fecha de vencimiento fija de no más de 1 año a partir de la fecha de emisión. Military free turbo tax   Sin embargo, no tiene que volver a incluir en los ingresos la parte del descuento que haya incluido previamente en los mismos. Military free turbo tax Consulte Discount on Short-Term Obligations (Descuento sobre deudas a corto plazo) en el capítulo 1 de la Publicación 550, en inglés. Military free turbo tax Bonos de gobiernos estatales y locales exentos de impuestos. Military free turbo tax   Si estos bonos se emitieron originalmente con un descuento antes del 4 de septiembre de 1982, o bien si los adquirió antes del 2 de marzo de 1984, trate su parte del OID como intereses exentos de impuestos. Military free turbo tax Para calcular las pérdidas o ganancias por la venta o canje de estos bonos, reste su parte del OID de la cantidad obtenida. Military free turbo tax   Si los bonos fueron emitidos después del 3 de septiembre de 1982 y adquiridos después del 1 de marzo de 1984, sume a la base ajustada su parte del OID para calcular la pérdida o ganancia. Military free turbo tax Para obtener más información acerca de la base de estos bonos, consulte Discounted Debt Instruments (Instrumentos de deuda descontados) en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax   Normalmente, las ganancias del descuento comercial están sujetas a impuestos sobre la enajenación o rescate de los bonos exentos de impuestos. Military free turbo tax Si compró los bonos antes del 1 de mayo de 1993, la ganancia del descuento comercial es una ganancia de capital. Military free turbo tax Si compró los bonos después del 30 de abril de 1993, la ganancia constituye ingresos ordinarios. Military free turbo tax   Usted calcula el descuento comercial restando el precio que pagó por el bono de la suma del precio original de emisión del bono y la cantidad del OID acumulado desde la fecha de emisión que representó intereses para los accionistas anteriores. Military free turbo tax Para obtener más información, consulte Market Discount Bonds (Bonos con descuento en el mercado) en el capítulo 1 de la Publicación 550, en inglés. Military free turbo tax    Una pérdida sobre la venta u otra enajenación de bonos de gobiernos estatales o locales exentos de impuestos es deducible como pérdida de capital. Military free turbo tax Rescate antes del vencimiento. Military free turbo tax   Si un bono local o estatal emitido antes del 9 de junio de 1980 se rescata antes de su vencimiento, entonces el OID no le está sujeto a impuestos a usted. Military free turbo tax   Si un bono local o estatal emitido después del 8 de junio de 1980 se rescata antes de su vencimiento, entonces la parte del OID que generó ingresos mientras tuvo el bono no le está sujeto a impuestos a usted. Military free turbo tax Sin embargo, tiene que declarar la parte no devengada del OID como ganancia de capital. Military free turbo tax Ejemplo. Military free turbo tax El 2 de julio de 2002, fecha de emisión, usted compró un bono municipal de 6% a 20 años por $800. Military free turbo tax La cantidad nominal del bono fue $1,000. Military free turbo tax El descuento de $200 se atribuyó al OID. Military free turbo tax En el momento en que se emitió el bono, el emisor no tenía intención de rescatarlo antes de su vencimiento. Military free turbo tax El bono fue rescatable en su cantidad nominal después de 10 años de la fecha de emisión. Military free turbo tax El emisor rescató el bono al término de 11 años (2 de julio de 2013) por la cantidad nominal de $1,000, más los intereses anuales devengados de $60. Military free turbo tax El OID de $73, obtenido durante el tiempo que tuvo el bono, no está sujeto a impuestos. Military free turbo tax Los intereses anuales devengados de $60 tampoco están sujetos a impuestos. Military free turbo tax Sin embargo, tiene que declarar la parte no devengada del OID ($127) como ganancia de capital. Military free turbo tax Instrumentos de deuda a largo plazo emitidos después de 1954 y antes del 28 de mayo de 1969 (o antes del 2 de julio de 1982 si son instrumentos de gobierno). Military free turbo tax   Si vende, canjea o rescata para obtener ganancia uno de estos instrumentos de deuda, el ingreso ordinario será la parte de la ganancia que no sea superior a la parte proporcional del OID al momento de la venta o rescate. Military free turbo tax El resto de la ganancia es ganancia de capital. Military free turbo tax Sin embargo, si hubo intención de rescatar el instrumento de deuda antes de su vencimiento, toda la ganancia que no supere el total del OID se tratará como ingreso ordinario al momento de la venta. Military free turbo tax Este trato de ganancia sujeta a impuestos también es aplicable a los instrumentos de sociedades anónimas emitidos después del 27 de mayo de 1969, conforme a un acuerdo escrito vinculante a partir del 27 de mayo de 1969, y en todo momento después de esta fecha. Military free turbo tax Instrumentos de deuda a largo plazo emitidos después del 27 de mayo de 1969 (o después del 1 de julio de 1982 si son instrumentos de gobierno). Military free turbo tax   Si es dueño de uno de estos instrumentos de deuda, tiene que incluir una parte del OID en su ingreso bruto cada año que posee el instrumento. Military free turbo tax Su base de dicho instrumento de deuda aumenta con la cantidad del OID que incluyó en sus ingresos brutos. Military free turbo tax Consulte Descuento de la Emisión Original (OID) en el capítulo 7 para obtener información acerca del OID que tiene que declarar en su declaración de impuestos. Military free turbo tax   Si vende o canjea el instrumento de deuda antes de su vencimiento, la ganancia que obtiene es ganancia de capital. Military free turbo tax Sin embargo, si al momento de la emisión original del instrumento hubo una intención de rescatarlo antes de su vencimiento, normalmente la ganancia es ganancia ordinaria hasta el límite del total del OID menos las cantidades del OID que previamente se incluyeron en sus ingresos. Military free turbo tax En este caso, el resto de la ganancia es ganancia de capital. Military free turbo tax Bonos con descuento en el mercado. Military free turbo tax   Si el instrumento de deuda tiene descuento en el mercado y usted optó por incluir en el ingreso el descuento a medida que se acumulaba, aumente su base en el instrumento de deuda por el descuento acumulado para calcular la pérdida o ganancia de capital sobre la enajenación. Military free turbo tax Si optó por no incluir en el ingreso el descuento a medida que se acumulaba, tiene que declarar la ganancia como ingreso ordinario de intereses hasta el monto del descuento comercial acumulado del instrumento. Military free turbo tax El resto son ganancias de capital. Military free turbo tax Consulte Market Discount Bonds (Bonos de descuento en el mercado) en el capítulo 1 de la Publicación 550, en inglés. Military free turbo tax   Se aplica una regla diferente a los bonos con descuento en el mercado emitidos antes del 19 de julio de 1984 y comprados por usted antes del 1 de mayo de 1993. Military free turbo tax Consulte Market discount bonds (Bonos de descuento en el mercado) bajo Discounted Debt Instruments (Instrumentos de deuda descontados) en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax Redención de instrumento de deuda. Military free turbo tax   Las cantidades recibidas por la redención de un instrumento de deuda se tratan del mismo modo que si hubiera vendido o canjeado dicho instrumento. Military free turbo tax Pagarés de personas físicas. Military free turbo tax   Si mantiene la deuda de una persona física que se emitió con OID después del 1 de marzo de 1984, generalmente tiene que incluir el OID en su ingreso actual, y las pérdidas o ganancias sobre la venta o redención de la deuda son, por lo general, pérdidas o ganancias de capital. Military free turbo tax Se aplica una excepción a este caso si la deuda es un préstamo entre personas físicas y se satisfacen los requisitos siguientes: El prestamista no se dedica al negocio de prestar dinero. Military free turbo tax La cantidad del préstamo, más la cantidad de los préstamos anteriores pendientes, es $10,000 o menos. Military free turbo tax La evasión de impuestos federales no es uno de los principales objetivos del préstamo. Military free turbo tax   Si corresponde la excepción, o si la deuda fue emitida antes del 2 de marzo de 1984, usted no incluye el OID en sus ingresos actuales. Military free turbo tax Cuando venda o rescate la deuda, la parte de su ganancia que no sea superior a la parte devengada del OID en ese momento es ingreso ordinario. Military free turbo tax El resto de la ganancia, si la hay, es ganancia de capital. Military free turbo tax Las pérdidas sobre las ventas o rescates son pérdidas de capital. Military free turbo tax Depósito en Instituciones Financieras Insolventes o en Quiebra Si pierde dinero que tenga depositado en un banco, cooperativa de crédito u otra institución financiera que ya no es solvente o está en bancarrota, tal vez pueda deducir su pérdida en una de las tres maneras siguientes: Pérdida ordinaria. Military free turbo tax Pérdida fortuita. Military free turbo tax Deuda incobrable no comercial (pérdida de capital a corto plazo). Military free turbo tax  Para más información, vea Deposit in Insolvent or Bankrupt Financial Institution (Depósito en institución financiera insolvente o en quiebra) en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax Venta de Anualidad Se considera ingreso ordinario la parte de una ganancia sobre la venta de un contrato de anualidad antes de su fecha de vencimiento y que se basa en los intereses acumulados en el contrato. Military free turbo tax Pérdidas en Acciones Conforme a la Sección 1244 (Pequeño Negocio) Usted puede deducir su pérdida proveniente de la venta, canje o falta de valor de acciones conforme a la sección 1244 como una pérdida ordinaria en vez de una pérdida de capital. Military free turbo tax Declare la pérdida en la línea 10 del Formulario 4797. Military free turbo tax Toda ganancia sobre acciones conforme a la sección 1244 es ganancia de capital si las acciones son bienes de capital en su mano. Military free turbo tax Declare la ganancia en el Formulario 8949. Military free turbo tax Consulte Losses on Section 1244 (Small Business) Stock (Pérdidas de acciones (de pequeño negocio) conforme a la sección 1244), en el capítulo 4 de la Publicación 550, en inglés. Military free turbo tax Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. Military free turbo tax Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. Military free turbo tax Período de Tenencia Si vendió o canjeó bienes de inversión, tiene que determinar el período de tenencia de los bienes. Military free turbo tax Su período de tenencia determina si una pérdida o ganancia de capital fue a corto o largo plazo. Military free turbo tax Corto o largo plazo. Military free turbo tax   Si mantiene bienes de inversión por más de 1 año, las pérdidas o ganancias de capital son a largo plazo. Military free turbo tax Si mantiene bienes por 1 año o menos, las pérdidas o ganancias de capital son a corto plazo. Military free turbo tax   Para determinar el tiempo en que tuvo bienes de inversión, empiece a contar a partir del día siguiente a la fecha en que adquirió los bienes. Military free turbo tax El día en que enajenó los bienes forma parte del período de tenencia. Military free turbo tax Ejemplo. Military free turbo tax Si compró bienes de inversión el 6 de febrero de 2012 y los vendió el 6 de febrero de 2013, el período de tenencia no es superior a un 1 año y, por lo tanto, tiene pérdida o ganancia de capital a corto plazo. Military free turbo tax Si vendió los bienes el 7 de febrero de 2013, el período de tenencia es superior a un 1 año y, por lo tanto, tiene una pérdida o ganancia de capital a largo plazo. Military free turbo tax Valores cotizados en un mercado establecido. Military free turbo tax   En lo que respecta a valores cotizados en un mercado de valores establecido, el período de tenencia comienza el día siguiente a la fecha de transacción en que compró los valores y termina en la fecha de transacción en que los vendió. Military free turbo tax    No confunda la fecha de transacción con la fecha de liquidación, para la cual es la fecha en que se tienen que entregar las acciones y se tiene que efectuar el pago. Military free turbo tax Ejemplo. Military free turbo tax Usted es contribuyente con base de método de efectivo y año natural para la presentación de su declaración. Military free turbo tax El 30 de diciembre de 2013, vendió acciones con ganancias. Military free turbo tax Según las reglas de la bolsa, la venta se cerró con la entrega de las acciones 4 días comerciales después de la venta, el 6 de enero de 2014. Military free turbo tax Recibió el pago del valor de la venta el mismo día. Military free turbo tax Declare la ganancia en la declaración del año 2013, aunque haya recibido el pago en el año 2014. Military free turbo tax La ganancia es a largo o corto plazo dependiendo de si tuvo las acciones más de un año. Military free turbo tax Su período de tenencia terminó el 30 de diciembre. Military free turbo tax Si hubiera vendido las acciones con pérdidas, también habría declarado las pérdidas en su declaración del año 2013. Military free turbo tax Pagarés y bonos del Tesoro de los Estados Unidos. Military free turbo tax   El período de tenencia de pagarés y bonos de los EE. Military free turbo tax UU. Military free turbo tax vendidos en subasta en base a su rendimiento se inicia el día después de que el Secretario del Tesoro, mediante comunicados de prensa, dé notificación a los postores cuyas ofertas hayan sido aceptadas. Military free turbo tax El período de tenencia de pagarés y bonos de los EE. Military free turbo tax UU. Military free turbo tax con rendimiento determinado vendidos en base a suscripciones se inicia el día después de que se presente la suscripción. Military free turbo tax Servicio de inversión automático. Military free turbo tax   Al determinar el período de tenencia de acciones compradas a través del banco u otro agente, se considera que las acciones enteras se compraron al inicio y las acciones fraccionarias se compraron al final. Military free turbo tax El período de tenencia de usted comienza el día siguiente de la fecha de compra del banco. Military free turbo tax Si una acción se compró en más de una fecha de compra, el período de tenencia de esa acción es un período de tenencia dividido. Military free turbo tax Se considera que se compró una parte de esa acción en cada fecha en que el banco haya comprado la acción con pagos procedentes de fondos disponibles. Military free turbo tax Canjes no sujetos a impuestos. Military free turbo tax   Si adquiere bienes de inversión en un canje por otros bienes de inversión y la base de los nuevos bienes está determinada, en su totalidad o en parte, por la base de los antiguos bienes, el período de tenencia de los nuevos bienes comienza el día siguiente de la fecha en que adquirió los antiguos bienes. Military free turbo tax Bienes recibidos como regalo. Military free turbo tax   Si recibe un regalo de bienes y la base se determina por la base ajustada del donante, se considera que el período de tenencia ha empezado el mismo día en que empezó el período de tenencia del donante. Military free turbo tax   Si la base está determinada por el valor justo de mercado de los bienes, el período de tenencia comienza el día siguiente de la fecha del regalo. Military free turbo tax Bienes heredados. Military free turbo tax   Por lo general, si usted heredó bienes de inversión, su ganancia o pérdida de capital en cualquier enajenación que realice luego con ese bien es una ganancia o pérdida de capital a largo plazo. Military free turbo tax Esto es así independientemente de cuánto tiempo usted tuvo el bien como su propiedad. Military free turbo tax Sin embargo, si usted heredó los bienes de alguien que falleció en el 2010, vea la información que aparece a continuación. Military free turbo tax Bienes heredados de una persona que falleció en el año 2010. Military free turbo tax   Si hereda bienes de inversión de un difunto que falleció en el año 2010, y el albacea del patrimonio del difunto optó por presentar el Formulario 8939, consulte la información provista por el albacea o vea la Publicación 4895, Tax Treatment of Property Acquired From a Decedent Dying in 2010 (Trato tributario de bienes adquiridos de un difunto que falleció en 2010), en inglés, para determinar su período de tenencia. Military free turbo tax Bienes raíces comprados. Military free turbo tax   Para calcular el tiempo que tuvo bienes raíces comprados conforme a un contrato incondicional, empiece a contar el día después de la fecha en que recibió el título de los bienes o la fecha después de la que tomó posesión de los bienes y asumió las obligaciones y privilegios de propietario, lo que sucediera primero. Military free turbo tax Sin embargo, aceptar la entrega o tomar posesión de bienes raíces conforme a un contrato de opción no es suficiente para comenzar el período de tenencia. Military free turbo tax El período de tenencia no puede comenzar hasta que haya un contrato de venta real. Military free turbo tax El período de tenencia del vendedor no puede terminar antes de esa fecha. Military free turbo tax Si recupera la posesión de bienes raíces. Military free turbo tax   Si vende bienes raíces pero retiene un derecho prendario a los mismos, y más adelante recupera la posesión de dichos bienes raíces según los términos del contrato de venta, el período de tenencia correspondiente a una venta posterior abarca el período durante el cual fue dueño de los bienes raíces antes de la primera venta y el período después de que haya recuperado la posesión de los mismos. Military free turbo tax El período de tenencia no incluye el período entre la primera venta y la recuperación de la posesión de los bienes raíces. Military free turbo tax Es decir, no incluye el período durante el cual el primer comprador fue dueño de dichos bienes raíces. Military free turbo tax Dividendos de acciones. Military free turbo tax   El período de tenencia de las acciones que usted recibió como dividendo de acciones sujeto a impuestos comienza en la fecha de distribución. Military free turbo tax   El período de tenencia de acciones nuevas que recibió como dividendo de acciones no sujeto a impuestos comienza el mismo día que el período de tenencia de las antiguas acciones. Military free turbo tax Esta regla también se aplica a acciones adquiridas en una “escisión”, lo cual es una distribución de acciones o valores en una sociedad anónima controlada. Military free turbo tax Derechos de suscripción no sujetos a impuestos. Military free turbo tax   El período de tenencia de derechos de suscripción no sujetos a impuestos comienza el mismo día que el período de tenencia de las acciones precedentes. Military free turbo tax El período de tenencia de acciones adquiridas a través del ejercicio de derechos de suscripción comienza en la fecha en que se ejerció el derecho. Military free turbo tax Deudas Incobrables no Empresariales Si alguien le debe dinero que usted no puede cobrar, entonces tiene una deuda incobrable. Military free turbo tax Tal vez pueda deducir la cantidad adeudada cuando calcule su impuesto para el año en que la deuda pierda todo su valor. Military free turbo tax Normalmente, las deudas incobrables no empresariales son deudas incobrables que no obtuvo en el transcurso de la operación de su ocupación o negocio, y son deducibles como pérdidas de capital a corto plazo. Military free turbo tax Para que las deudas incobrables no comerciales sean deducibles, tienen que perder totalmente su valor. Military free turbo tax No puede deducir una deuda no comercial que ha perdido sólo parte de su valor. Military free turbo tax Requisito de deuda genuina. Military free turbo tax   Una deuda tiene que ser genuina para que pueda deducir la pérdida. Military free turbo tax Una deuda es genuina si surge de una relación deudor−acreedor que se basa en una obligación válida y ejecutable de reembolsar una suma de dinero fija o determinable. Military free turbo tax Requisito de base en la deuda incobrable. Military free turbo tax    Para deducir una deuda incobrable, tiene que tener una base en la misma, es decir, tiene que haber incluido previamente la cantidad en sus ingresos o haber prestado su efectivo. Military free turbo tax Por ejemplo, no puede declarar una deducción por deuda incobrable por una pensión por orden judicial para hijos menores que su ex cónyuge no haya pagado. Military free turbo tax Si es contribuyente con base de método a base de efectivo (como la mayoría de las personas físicas), normalmente no puede declarar una deducción por deuda incobrable por sueldos, salarios, alquileres, honorarios, intereses, dividendos y conceptos similares no pagados. Military free turbo tax Cuándo son deducibles las deudas incobrables. Military free turbo tax   Puede tomar una deducción por deuda incobrable sólo en el año en que la deuda pierde su valor. Military free turbo tax No tiene que esperar el vencimiento de una deuda para saber si ha perdido su valor. Military free turbo tax Una deuda pierde su valor cuando ya no cabe la posibilidad de que se pague la cantidad adeudada. Military free turbo tax   No es necesario llevar el asunto ante los tribunales si puede demostrar que la deuda sería incobrable a pesar de una sentencia de compensación monetaria dictada por un tribunal. Military free turbo tax Sólo tiene que demostrar que ha tomado medidas razonables para cobrar la deuda. Military free turbo tax En la mayoría de los casos, la quiebra del deudor demuestra suf