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Need To File 2011 Tax Return

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Need To File 2011 Tax Return

Need to file 2011 tax return 4. Need to file 2011 tax return   Foreign Earned Income and Housing: Exclusion – Deduction Table of Contents Topics - This chapter discusses: Useful Items - You may want to see: Who Qualifies for the Exclusions and the Deduction? RequirementsTax Home in Foreign Country Bona Fide Residence Test Physical Presence Test Waiver of Time Requirements U. Need to file 2011 tax return S. Need to file 2011 tax return Travel Restrictions Foreign Earned Income Foreign Earned Income ExclusionLimit on Excludable Amount Choosing the Exclusion Foreign Housing Exclusion and DeductionHousing Amount Foreign Housing Exclusion Foreign Housing Deduction Married Couples Form 2555 and Form 2555-EZForm 2555-EZ Form 2555 Topics - This chapter discusses: Who qualifies for the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, The requirements that must be met to claim either exclusion or the deduction, How to figure the foreign earned income exclusion, and How to figure the foreign housing exclusion and the foreign housing deduction. Need to file 2011 tax return Useful Items - You may want to see: Publication 519 U. Need to file 2011 tax return S. Need to file 2011 tax return Tax Guide for Aliens 570 Tax Guide for Individuals With Income from U. Need to file 2011 tax return S. Need to file 2011 tax return Possessions 596 Earned Income Credit (EIC) Form (and Instructions) 1040X Amended U. Need to file 2011 tax return S. Need to file 2011 tax return Individual Income Tax Return 2555 Foreign Earned Income 2555-EZ Foreign Earned Income Exclusion See chapter 7 for information about getting these publications and forms. Need to file 2011 tax return Who Qualifies for the Exclusions and the Deduction? If you meet certain requirements, you may qualify for the foreign earned income and foreign housing exclusions and the foreign housing deduction. Need to file 2011 tax return If you are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. Need to file 2011 tax return However, you may qualify to exclude from income up to $97,600 of your foreign earnings. Need to file 2011 tax return In addition, you can exclude or deduct certain foreign housing amounts. Need to file 2011 tax return See Foreign Earned Income Exclusion and Foreign Housing Exclusion and Deduction, later. Need to file 2011 tax return You also may be entitled to exclude from income the value of meals and lodging provided to you by your employer. Need to file 2011 tax return See Exclusion of Meals and Lodging, later. Need to file 2011 tax return Requirements To claim the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction, you must meet all three of the following requirements. Need to file 2011 tax return Your tax home must be in a foreign country. Need to file 2011 tax return You must have foreign earned income. Need to file 2011 tax return You must be one of the following. Need to file 2011 tax return A U. Need to file 2011 tax return S. Need to file 2011 tax return citizen who is a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. Need to file 2011 tax return A U. Need to file 2011 tax return S. Need to file 2011 tax return resident alien who is a citizen or national of a country with which the United States has an income tax treaty in effect and who is a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. Need to file 2011 tax return A U. Need to file 2011 tax return S. Need to file 2011 tax return citizen or a U. Need to file 2011 tax return S. Need to file 2011 tax return resident alien who is physically present in a foreign country or countries for at least 330 full days during any period of 12 consecutive months. Need to file 2011 tax return See Publication 519 to find out if you are a U. Need to file 2011 tax return S. Need to file 2011 tax return resident alien for tax purposes and whether you keep that alien status when you temporarily work abroad. Need to file 2011 tax return If you are a nonresident alien married to a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen or resident alien, and both you and your spouse choose to treat you as a resident alien, you are a resident alien for tax purposes. Need to file 2011 tax return For information on making the choice, see the discussion in chapter 1 under Nonresident Alien Spouse Treated as a Resident . Need to file 2011 tax return Waiver of minimum time requirements. Need to file 2011 tax return   The minimum time requirements for bona fide residence and physical presence can be waived if you must leave a foreign country because of war, civil unrest, or similar adverse conditions in that country. Need to file 2011 tax return This is fully explained under Waiver of Time Requirements , later. Need to file 2011 tax return   See Figure 4-A and information in this chapter to determine if you are eligible to claim either exclusion or the deduction. Need to file 2011 tax return Tax Home in Foreign Country To qualify for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction, your tax home must be in a foreign country throughout your period of bona fide residence or physical presence abroad. Need to file 2011 tax return Bona fide residence and physical presence are explained later. Need to file 2011 tax return Tax Home Your tax home is the general area of your main place of business, employment, or post of duty, regardless of where you maintain your family home. Need to file 2011 tax return Your tax home is the place where you are permanently or indefinitely engaged to work as an employee or self-employed individual. Need to file 2011 tax return Having a “tax home” in a given location does not necessarily mean that the given location is your residence or domicile for tax purposes. Need to file 2011 tax return If you do not have a regular or main place of business because of the nature of your work, your tax home may be the place where you regularly live. Need to file 2011 tax return If you have neither a regular or main place of business nor a place where you regularly live, you are considered an itinerant and your tax home is wherever you work. Need to file 2011 tax return You are not considered to have a tax home in a foreign country for any period in which your abode is in the United States. Need to file 2011 tax return However, your abode is not necessarily in the United States while you are temporarily in the United States. Need to file 2011 tax return Your abode is also not necessarily in the United States merely because you maintain a dwelling in the United States, whether or not your spouse or dependents use the dwelling. Need to file 2011 tax return “Abode” has been variously defined as one's home, habitation, residence, domicile, or place of dwelling. Need to file 2011 tax return It does not mean your principal place of business. Need to file 2011 tax return “Abode” has a domestic rather than a vocational meaning and does not mean the same as “tax home. Need to file 2011 tax return ” The location of your abode often will depend on where you maintain your economic, family, and personal ties. Need to file 2011 tax return Example 1. Need to file 2011 tax return You are employed on an offshore oil rig in the territorial waters of a foreign country and work a 28-day on/28-day off schedule. Need to file 2011 tax return You return to your family residence in the United States during your off periods. Need to file 2011 tax return You are considered to have an abode in the United States and do not satisfy the tax home test in the foreign country. Need to file 2011 tax return You cannot claim either of the exclusions or the housing deduction. Need to file 2011 tax return Example 2. Need to file 2011 tax return For several years, you were a marketing executive with a producer of machine tools in Toledo, Ohio. Need to file 2011 tax return In November of last year, your employer transferred you to London, England, for a minimum of 18 months to set up a sales operation for Europe. Need to file 2011 tax return Before you left, you distributed business cards showing your business and home addresses in London. Need to file 2011 tax return You kept ownership of your home in Toledo but rented it to another family. Need to file 2011 tax return You placed your car in storage. Need to file 2011 tax return In November of last year, you moved your spouse, children, furniture, and family pets to a home your employer rented for you in London. Need to file 2011 tax return Shortly after moving, you leased a car and you and your spouse got British driving licenses. Need to file 2011 tax return Your entire family got library cards for the local public library. Need to file 2011 tax return You and your spouse opened bank accounts with a London bank and secured consumer credit. Need to file 2011 tax return You joined a local business league and both you and your spouse became active in the neighborhood civic association and worked with a local charity. Need to file 2011 tax return Your abode is in London for the time you live there. Need to file 2011 tax return You satisfy the tax home test in the foreign country. Need to file 2011 tax return Please click here for the text description of the image. Need to file 2011 tax return Figure 4–A Can I Claim the Exclusion or Deduction? Temporary or Indefinite Assignment The location of your tax home often depends on whether your assignment is temporary or indefinite. Need to file 2011 tax return If you are temporarily absent from your tax home in the United States on business, you may be able to deduct your away-from-home expenses (for travel, meals, and lodging), but you would not qualify for the foreign earned income exclusion. Need to file 2011 tax return If your new work assignment is for an indefinite period, your new place of employment becomes your tax home and you would not be able to deduct any of the related expenses that you have in the general area of this new work assignment. Need to file 2011 tax return If your new tax home is in a foreign country and you meet the other requirements, your earnings may qualify for the foreign earned income exclusion. Need to file 2011 tax return If you expect your employment away from home in a single location to last, and it does last, for 1 year or less, it is temporary unless facts and circumstances indicate otherwise. Need to file 2011 tax return If you expect it to last for more than 1 year, it is indefinite. Need to file 2011 tax return If you expect it to last for 1 year or less, but at some later date you expect it to last longer than 1 year, it is temporary (in the absence of facts and circumstances indicating otherwise) until your expectation changes. Need to file 2011 tax return Once your expectation changes, it is indefinite. Need to file 2011 tax return Foreign Country To meet the bona fide residence test or the physical presence test, you must live in or be present in a foreign country. Need to file 2011 tax return A foreign country includes any territory under the sovereignty of a government other than that of the United States. Need to file 2011 tax return The term “foreign country” includes the country's airspace and territorial waters, but not international waters and the airspace above them. Need to file 2011 tax return It also includes the seabed and subsoil of those submarine areas adjacent to the country's territorial waters over which it has exclusive rights under international law to explore and exploit the natural resources. Need to file 2011 tax return The term “foreign country” does not include Antarctica or U. Need to file 2011 tax return S. Need to file 2011 tax return possessions such as Puerto Rico, Guam, the Commonwealth of the Northern Mariana Islands, the U. Need to file 2011 tax return S. Need to file 2011 tax return Virgin Islands, and Johnston Island. Need to file 2011 tax return For purposes of the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, the terms “foreign,” “abroad,” and “overseas” refer to areas outside the United States and those areas listed or described in the previous sentence. Need to file 2011 tax return American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands Residence or presence in a U. Need to file 2011 tax return S. Need to file 2011 tax return possession does not qualify you for the foreign earned income exclusion. Need to file 2011 tax return You may, however, qualify for an exclusion of your possession income on your U. Need to file 2011 tax return S. Need to file 2011 tax return return. Need to file 2011 tax return American Samoa. Need to file 2011 tax return   There is a possession exclusion available to individuals who are bona fide residents of American Samoa for the entire tax year. Need to file 2011 tax return Gross income from sources within American Samoa may be eligible for this exclusion. Need to file 2011 tax return Income that is effectively connected with the conduct of a trade or business within American Samoa also may be eligible for this exclusion. Need to file 2011 tax return Use Form 4563, Exclusion of Income for Bona Fide Residents of American Samoa, to figure the exclusion. Need to file 2011 tax return Guam and the Commonwealth of the Northern Mariana Islands. Need to file 2011 tax return   An exclusion will be available to residents of Guam and the Commonwealth of the Northern Mariana Islands if, and when, new implementation agreements take effect between the United States and those possessions. Need to file 2011 tax return   For more information, see Publication 570. Need to file 2011 tax return Puerto Rico and U. Need to file 2011 tax return S. Need to file 2011 tax return Virgin Islands Residents of Puerto Rico and the U. Need to file 2011 tax return S. Need to file 2011 tax return Virgin Islands cannot claim the foreign earned income exclusion or the foreign housing exclusion. Need to file 2011 tax return Puerto Rico. Need to file 2011 tax return   Generally, if you are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen who is a bona fide resident of Puerto Rico for the entire tax year, you are not subject to U. Need to file 2011 tax return S. Need to file 2011 tax return tax on income from Puerto Rican sources. Need to file 2011 tax return This does not include amounts paid for services performed as an employee of the United States. Need to file 2011 tax return However, you are subject to U. Need to file 2011 tax return S. Need to file 2011 tax return tax on your income from sources outside Puerto Rico. Need to file 2011 tax return In figuring your U. Need to file 2011 tax return S. Need to file 2011 tax return tax, you cannot deduct expenses allocable to income not subject to tax. Need to file 2011 tax return Bona Fide Residence Test You meet the bona fide residence test if you are a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. Need to file 2011 tax return You can use the bona fide residence test to qualify for the exclusions and the deduction only if you are either: A U. Need to file 2011 tax return S. Need to file 2011 tax return citizen, or A U. Need to file 2011 tax return S. Need to file 2011 tax return resident alien who is a citizen or national of a country with which the United States has an income tax treaty in effect. Need to file 2011 tax return You do not automatically acquire bona fide resident status merely by living in a foreign country or countries for 1 year. Need to file 2011 tax return If you go to a foreign country to work on a particular job for a specified period of time, you ordinarily will not be regarded as a bona fide resident of that country even though you work there for 1 tax year or longer. Need to file 2011 tax return The length of your stay and the nature of your job are only two of the factors to be considered in determining whether you meet the bona fide residence test. Need to file 2011 tax return Bona fide residence. Need to file 2011 tax return   To meet the bona fide residence test, you must have established a bona fide residence in a foreign country. Need to file 2011 tax return   Your bona fide residence is not necessarily the same as your domicile. Need to file 2011 tax return Your domicile is your permanent home, the place to which you always return or intend to return. Need to file 2011 tax return Example. Need to file 2011 tax return You could have your domicile in Cleveland, Ohio, and a bona fide residence in Edinburgh, Scotland, if you intend to return eventually to Cleveland. Need to file 2011 tax return The fact that you go to Scotland does not automatically make Scotland your bona fide residence. Need to file 2011 tax return If you go there as a tourist, or on a short business trip, and return to the United States, you have not established bona fide residence in Scotland. Need to file 2011 tax return But if you go to Scotland to work for an indefinite or extended period and you set up permanent quarters there for yourself and your family, you probably have established a bona fide residence in a foreign country, even though you intend to return eventually to the United States. Need to file 2011 tax return You are clearly not a resident of Scotland in the first instance. Need to file 2011 tax return However, in the second, you are a resident because your stay in Scotland appears to be permanent. Need to file 2011 tax return If your residency is not as clearly defined as either of these illustrations, it may be more difficult to decide whether you have established a bona fide residence. Need to file 2011 tax return Determination. Need to file 2011 tax return   Questions of bona fide residence are determined according to each individual case, taking into account factors such as your intention, the purpose of your trip, and the nature and length of your stay abroad. Need to file 2011 tax return   To meet the bona fide residence test, you must show the Internal Revenue Service (IRS) that you have been a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. Need to file 2011 tax return The IRS decides whether you are a bona fide resident of a foreign country largely on the basis of facts you report on Form 2555. Need to file 2011 tax return IRS cannot make this determination until you file Form 2555. Need to file 2011 tax return Statement to foreign authorities. Need to file 2011 tax return   You are not considered a bona fide resident of a foreign country if you make a statement to the authorities of that country that you are not a resident of that country, and the authorities: Hold that you are not subject to their income tax laws as a resident, or Have not made a final decision on your status. Need to file 2011 tax return Special agreements and treaties. Need to file 2011 tax return   An income tax exemption provided in a treaty or other international agreement will not in itself prevent you from being a bona fide resident of a foreign country. Need to file 2011 tax return Whether a treaty prevents you from becoming a bona fide resident of a foreign country is determined under all provisions of the treaty, including specific provisions relating to residence or privileges and immunities. Need to file 2011 tax return Example 1. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen employed in the United Kingdom by a U. Need to file 2011 tax return S. Need to file 2011 tax return employer under contract with the U. Need to file 2011 tax return S. Need to file 2011 tax return Armed Forces. Need to file 2011 tax return You are not subject to the North Atlantic Treaty Status of Forces Agreement. Need to file 2011 tax return You may be a bona fide resident of the United Kingdom. Need to file 2011 tax return Example 2. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen in the United Kingdom who qualifies as an “employee” of an armed service or as a member of a “civilian component” under the North Atlantic Treaty Status of Forces Agreement. Need to file 2011 tax return You are not a bona fide resident of the United Kingdom. Need to file 2011 tax return Example 3. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen employed in Japan by a U. Need to file 2011 tax return S. Need to file 2011 tax return employer under contract with the U. Need to file 2011 tax return S. Need to file 2011 tax return Armed Forces. Need to file 2011 tax return You are subject to the agreement of the Treaty of Mutual Cooperation and Security between the United States and Japan. Need to file 2011 tax return Being subject to the agreement does not make you a bona fide resident of Japan. Need to file 2011 tax return Example 4. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen employed as an “official” by the United Nations in Switzerland. Need to file 2011 tax return You are exempt from Swiss taxation on the salary or wages paid to you by the United Nations. Need to file 2011 tax return This does not prevent you from being a bona fide resident of Switzerland. Need to file 2011 tax return Effect of voting by absentee ballot. Need to file 2011 tax return   If you are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen living abroad, you can vote by absentee ballot in any election held in the United States without risking your status as a bona fide resident of a foreign country. Need to file 2011 tax return   However, if you give information to the local election officials about the nature and length of your stay abroad that does not match the information you give for the bona fide residence test, the information given in connection with absentee voting will be considered in determining your status, but will not necessarily be conclusive. Need to file 2011 tax return Uninterrupted period including entire tax year. Need to file 2011 tax return   To meet the bona fide residence test, you must reside in a foreign country or countries for an uninterrupted period that includes an entire tax year. Need to file 2011 tax return An entire tax year is from January 1 through December 31 for taxpayers who file their income tax returns on a calendar year basis. Need to file 2011 tax return   During the period of bona fide residence in a foreign country, you can leave the country for brief or temporary trips back to the United States or elsewhere for vacation or business. Need to file 2011 tax return To keep your status as a bona fide resident of a foreign country, you must have a clear intention of returning from such trips, without unreasonable delay, to your foreign residence or to a new bona fide residence in another foreign country. Need to file 2011 tax return Example 1. Need to file 2011 tax return You arrived with your family in Lisbon, Portugal, on November 1, 2011. Need to file 2011 tax return Your assignment is indefinite, and you intend to live there with your family until your company sends you to a new post. Need to file 2011 tax return You immediately established residence there. Need to file 2011 tax return You spent April of 2012 at a business conference in the United States. Need to file 2011 tax return Your family stayed in Lisbon. Need to file 2011 tax return Immediately following the conference, you returned to Lisbon and continued living there. Need to file 2011 tax return On January 1, 2013, you completed an uninterrupted period of residence for a full tax year (2012), and you meet the bona fide residence test. Need to file 2011 tax return Example 2. Need to file 2011 tax return Assume the same facts as in Example 1, except that you transferred back to the United States on December 13, 2012. Need to file 2011 tax return You would not meet the bona fide residence test because your bona fide residence in the foreign country, although it lasted more than a year, did not include a full tax year. Need to file 2011 tax return You may, however, qualify for the foreign earned income exclusion or the housing exclusion or deduction under the physical presence test (discussed later). Need to file 2011 tax return Bona fide resident for part of a year. Need to file 2011 tax return   Once you have established bona fide residence in a foreign country for an uninterrupted period that includes an entire tax year, you are a bona fide resident of that country for the period starting with the date you actually began the residence and ending with the date you abandon the foreign residence. Need to file 2011 tax return Your period of bona fide residence can include an entire tax year plus parts of 2 other tax years. Need to file 2011 tax return Example. Need to file 2011 tax return You were a bona fide resident of Singapore from March 1, 2011, through September 14, 2013. Need to file 2011 tax return On September 15, 2013, you returned to the United States. Need to file 2011 tax return Since you were a bona fide resident of a foreign country for all of 2012, you were also a bona fide resident of a foreign country from March 1, 2011, through the end of 2011 and from January 1, 2013, through September 14, 2013. Need to file 2011 tax return Reassignment. Need to file 2011 tax return   If you are assigned from one foreign post to another, you may or may not have a break in foreign residence between your assignments, depending on the circumstances. Need to file 2011 tax return Example 1. Need to file 2011 tax return You were a resident of Pakistan from October 1, 2012, through November 30, 2013. Need to file 2011 tax return On December 1, 2013, you and your family returned to the United States to wait for an assignment to another foreign country. Need to file 2011 tax return Your household goods also were returned to the United States. Need to file 2011 tax return Your foreign residence ended on November 30, 2013, and did not begin again until after you were assigned to another foreign country and physically entered that country. Need to file 2011 tax return Since you were not a bona fide resident of a foreign country for the entire tax year of 2012 or 2013 you do not meet the bona fide residence test in either year. Need to file 2011 tax return You may, however, qualify for the foreign earned income exclusion or the housing exclusion or deduction under the physical presence test, discussed later. Need to file 2011 tax return Example 2. Need to file 2011 tax return Assume the same facts as in Example 1, except that upon completion of your assignment in Pakistan you were given a new assignment to Turkey. Need to file 2011 tax return On December 1, 2013, you and your family returned to the United States for a month's vacation. Need to file 2011 tax return On January 2, 2014, you arrived in Turkey for your new assignment. Need to file 2011 tax return Because you did not interrupt your bona fide residence abroad, you meet the bona fide residence test. Need to file 2011 tax return Physical Presence Test You meet the physical presence test if you are physically present in a foreign country or countries 330 full days during a period of 12 consecutive months. Need to file 2011 tax return The 330 days do not have to be consecutive. Need to file 2011 tax return Any U. Need to file 2011 tax return S. Need to file 2011 tax return citizen or resident alien can use the physical presence test to qualify for the exclusions and the deduction. Need to file 2011 tax return The physical presence test is based only on how long you stay in a foreign country or countries. Need to file 2011 tax return This test does not depend on the kind of residence you establish, your intentions about returning, or the nature and purpose of your stay abroad. Need to file 2011 tax return 330 full days. Need to file 2011 tax return   Generally, to meet the physical presence test, you must be physically present in a foreign country or countries for at least 330 full days during a 12-month period. Need to file 2011 tax return You can count days you spent abroad for any reason. Need to file 2011 tax return You do not have to be in a foreign country only for employment purposes. Need to file 2011 tax return You can be on vacation. Need to file 2011 tax return   You do not meet the physical presence test if illness, family problems, a vacation, or your employer's orders cause you to be present for less than the required amount of time. Need to file 2011 tax return Exception. Need to file 2011 tax return   You can be physically present in a foreign country or countries for less than 330 full days and still meet the physical presence test if you are required to leave a country because of war or civil unrest. Need to file 2011 tax return See Waiver of Time Requirements, later. Need to file 2011 tax return Full day. Need to file 2011 tax return   A full day is a period of 24 consecutive hours, beginning at midnight. Need to file 2011 tax return Travel. Need to file 2011 tax return    When you leave the United States to go directly to a foreign country or when you return directly to the United States from a foreign country, the time you spend on or over international waters does not count toward the 330-day total. Need to file 2011 tax return Example. Need to file 2011 tax return You leave the United States for France by air on June 10. Need to file 2011 tax return You arrive in France at 9:00 a. Need to file 2011 tax return m. Need to file 2011 tax return on June 11. Need to file 2011 tax return Your first full day of physical presence in France is June 12. Need to file 2011 tax return Passing over foreign country. Need to file 2011 tax return   If, in traveling from the United States to a foreign country, you pass over a foreign country before midnight of the day you leave, the first day you can count toward the 330-day total is the day following the day you leave the United States. Need to file 2011 tax return Example. Need to file 2011 tax return You leave the United States by air at 9:30 a. Need to file 2011 tax return m. Need to file 2011 tax return on June 10 to travel to Kenya. Need to file 2011 tax return You pass over western Africa at 11:00 p. Need to file 2011 tax return m. Need to file 2011 tax return on June 10 and arrive in Kenya at 12:30 a. Need to file 2011 tax return m. Need to file 2011 tax return on June 11. Need to file 2011 tax return Your first full day in a foreign country is June 11. Need to file 2011 tax return Change of location. Need to file 2011 tax return   You can move about from one place to another in a foreign country or to another foreign country without losing full days. Need to file 2011 tax return If any part of your travel is not within any foreign country and takes less than 24 hours, you are considered to be in a foreign country during that part of travel. Need to file 2011 tax return Example 1. Need to file 2011 tax return You leave Ireland by air at 11:00 p. Need to file 2011 tax return m. Need to file 2011 tax return on July 6 and arrive in Sweden at 5:00 a. Need to file 2011 tax return m. Need to file 2011 tax return on July 7. Need to file 2011 tax return Your trip takes less than 24 hours and you lose no full days. Need to file 2011 tax return Example 2. Need to file 2011 tax return You leave Norway by ship at 10:00 p. Need to file 2011 tax return m. Need to file 2011 tax return on July 6 and arrive in Portugal at 6:00 a. Need to file 2011 tax return m. Need to file 2011 tax return on July 8. Need to file 2011 tax return Since your travel is not within a foreign country or countries and the trip takes more than 24 hours, you lose as full days July 6, 7, and 8. Need to file 2011 tax return If you remain in Portugal, your next full day in a foreign country is July 9. Need to file 2011 tax return In United States while in transit. Need to file 2011 tax return   If you are in transit between two points outside the United States and are physically present in the United States for less than 24 hours, you are not treated as present in the United States during the transit. Need to file 2011 tax return You are treated as traveling over areas not within any foreign country. Need to file 2011 tax return    Please click here for the text description of the image. Need to file 2011 tax return Figure 4-B How to figure the 12-month period. Need to file 2011 tax return   There are four rules you should know when figuring the 12-month period. Need to file 2011 tax return Your 12-month period can begin with any day of the month. Need to file 2011 tax return It ends the day before the same calendar day, 12 months later. Need to file 2011 tax return Your 12-month period must be made up of consecutive months. Need to file 2011 tax return Any 12-month period can be used if the 330 days in a foreign country fall within that period. Need to file 2011 tax return You do not have to begin your 12-month period with your first full day in a foreign country or end it with the day you leave. Need to file 2011 tax return You can choose the 12-month period that gives you the greatest exclusion. Need to file 2011 tax return In determining whether the 12-month period falls within a longer stay in the foreign country, 12-month periods can overlap one another. Need to file 2011 tax return Example 1. Need to file 2011 tax return You are a construction worker who works on and off in a foreign country over a 20-month period. Need to file 2011 tax return You might pick up the 330 full days in a 12-month period only during the middle months of the time you work in the foreign country because the first few and last few months of the 20-month period are broken up by long visits to the United States. Need to file 2011 tax return Example 2. Need to file 2011 tax return You work in New Zealand for a 20-month period from January 1, 2012, through August 31, 2013, except that you spend 28 days in February 2012 and 28 days in February 2013 on vacation in the United States. Need to file 2011 tax return You are present in New Zealand for at least 330 full days during each of the following two 12-month periods: January 1, 2012 – December 31, 2012 and September 1, 2012 – August 31, 2013. Need to file 2011 tax return By overlapping the 12-month periods in this way, you meet the physical presence test for the whole 20-month period. Need to file 2011 tax return See Figure 4-B, on the previous page. Need to file 2011 tax return Waiver of Time Requirements Both the bona fide residence test and the physical presence test contain minimum time requirements. Need to file 2011 tax return The minimum time requirements can be waived, however, if you must leave a foreign country because of war, civil unrest, or similar adverse conditions in that country. Need to file 2011 tax return You must be able to show that you reasonably could have expected to meet the minimum time requirements if not for the adverse conditions. Need to file 2011 tax return To qualify for the waiver, you must actually have your tax home in the foreign country and be a bona fide resident of, or be physically present in, the foreign country on or before the beginning date of the waiver. Need to file 2011 tax return Early in 2014, the IRS will publish in the Internal Revenue Bulletin a list of the only countries that qualify for the waiver for 2013 and the effective dates. Need to file 2011 tax return If you left one of the countries on or after the date listed for each country, you can meet the bona fide residence test or physical presence test for 2013 without meeting the minimum time requirement. Need to file 2011 tax return However, in figuring your exclusion, the number of your qualifying days of bona fide residence or physical presence includes only days of actual residence or presence within the country. Need to file 2011 tax return U. Need to file 2011 tax return S. Need to file 2011 tax return Travel Restrictions If you are present in a foreign country in violation of U. Need to file 2011 tax return S. Need to file 2011 tax return law, you will not be treated as a bona fide resident of a foreign country or as physically present in a foreign country while you are in violation of the law. Need to file 2011 tax return Income that you earn from sources within such a country for services performed during a period of violation does not qualify as foreign earned income. Need to file 2011 tax return Your housing expenses within that country (or outside that country for housing your spouse or dependents) while you are in violation of the law cannot be included in figuring your foreign housing amount. Need to file 2011 tax return For 2013, the only country to which travel restrictions applied was Cuba. Need to file 2011 tax return The restrictions applied for the entire year. Need to file 2011 tax return However, individuals working at the U. Need to file 2011 tax return S. Need to file 2011 tax return Naval Base at Guantanamo Bay in Cuba are not in violation of U. Need to file 2011 tax return S. Need to file 2011 tax return law. Need to file 2011 tax return Personal service income earned by individuals at the base is eligible for the foreign earned income exclusion provided the other requirements are met. Need to file 2011 tax return Foreign Earned Income To claim the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction, you must have foreign earned income. Need to file 2011 tax return Foreign earned income generally is income you receive for services you perform during a period in which you meet both of the following requirements. Need to file 2011 tax return Your tax home is in a foreign country. Need to file 2011 tax return You meet either the bona fide residence test or the physical presence test. Need to file 2011 tax return To determine whether your tax home is in a foreign country, see Tax Home in Foreign Country, earlier. Need to file 2011 tax return To determine whether you meet either the bona fide residence test or the physical presence test, see Bona Fide Residence Test and Physical Presence Test, earlier. Need to file 2011 tax return Foreign earned income does not include the following amounts. Need to file 2011 tax return The value of meals and lodging that you exclude from your income because the meals and lodging were furnished for the convenience of your employer. Need to file 2011 tax return Pension or annuity payments you receive, including social security benefits (see Pensions and annuities, later). Need to file 2011 tax return Pay you receive as an employee of the U. Need to file 2011 tax return S. Need to file 2011 tax return Government. Need to file 2011 tax return (See U. Need to file 2011 tax return S. Need to file 2011 tax return Government Employees, later. Need to file 2011 tax return ) Amounts you include in your income because of your employer's contributions to a nonexempt employee trust or to a nonqualified annuity contract. Need to file 2011 tax return Any unallowable moving expense deduction that you choose to recapture as explained under Moving Expense Attributable to Foreign Earnings in 2 Years in chapter 5. Need to file 2011 tax return Payments you receive after the end of the tax year following the tax year in which you performed the services that earned the income. Need to file 2011 tax return Earned income. Need to file 2011 tax return   This is pay for personal services performed, such as wages, salaries, or professional fees. Need to file 2011 tax return The list that follows classifies many types of income into three categories. Need to file 2011 tax return The column headed Variable Income lists income that may fall into either the earned income category, the unearned income category, or partly into both. Need to file 2011 tax return For more information on earned and unearned income, see Earned and Unearned Income, later. Need to file 2011 tax return Earned Income Unearned Income Variable Income Salaries and wages Dividends Business profits Commissions Interest Royalties Bonuses Capital gains Rents Professional fees Gambling winnings Scholarships and fellowships Tips Alimony     Social security benefits     Pensions     Annuities     In addition to the types of earned income listed, certain noncash income and allowances or reimbursements are considered earned income. Need to file 2011 tax return Noncash income. Need to file 2011 tax return   The fair market value of property or facilities provided to you by your employer in the form of lodging, meals, or use of a car is earned income. Need to file 2011 tax return Allowances or reimbursements. Need to file 2011 tax return   Earned income includes allowances or reimbursements you receive, such as the following amounts. Need to file 2011 tax return    Cost-of-living allowances. Need to file 2011 tax return Overseas differential. Need to file 2011 tax return Family allowance. Need to file 2011 tax return Reimbursement for education or education allowance. Need to file 2011 tax return Home leave allowance. Need to file 2011 tax return Quarters allowance. Need to file 2011 tax return Reimbursement for moving or moving allowance (unless excluded from income as discussed later in Reimbursement of employee expenses under Earned and Unearned Income). Need to file 2011 tax return Source of Earned Income The source of your earned income is the place where you perform the services for which you received the income. Need to file 2011 tax return Foreign earned income is income you receive for working in a foreign country. Need to file 2011 tax return Where or how you are paid has no effect on the source of the income. Need to file 2011 tax return For example, income you receive for work done in Austria is income from a foreign source even if the income is paid directly to your bank account in the United States and your employer is located in New York City. Need to file 2011 tax return Example. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen, a bona fide resident of Canada, and working as a mining engineer. Need to file 2011 tax return Your salary is $76,800 per year. Need to file 2011 tax return You also receive a $6,000 cost-of-living allowance, and a $6,000 education allowance. Need to file 2011 tax return Your employment contract did not indicate that you were entitled to these allowances only while outside the United States. Need to file 2011 tax return Your total income is $88,800. Need to file 2011 tax return You work a 5-day week, Monday through Friday. Need to file 2011 tax return After subtracting your vacation, you have a total of 240 workdays in the year. Need to file 2011 tax return You worked in the United States during the year for 6 weeks (30 workdays). Need to file 2011 tax return The following shows how to figure the part of your income that is for work done in Canada during the year. Need to file 2011 tax return   Number of days worked in Canada during the year (210) × Total income ($88,800) = $77,700     Number of days of work during the year for which payment was made (240)   Your foreign source earned income is $77,700. Need to file 2011 tax return Earned and Unearned Income Earned income was defined earlier as pay for personal services performed. Need to file 2011 tax return Some types of income are not easily identified as earned or unearned income. Need to file 2011 tax return Some of these types of income are further explained here. Need to file 2011 tax return Income from a sole proprietorship or partnership. Need to file 2011 tax return   Income from a business in which capital investment is an important part of producing the income may be unearned income. Need to file 2011 tax return If you are a sole proprietor or partner and your personal services are also an important part of producing the income, the part of the income that represents the value of your personal services will be treated as earned income. Need to file 2011 tax return Capital a factor. Need to file 2011 tax return   If capital investment is an important part of producing income, no more than 30% of your share of the net profits of the business is earned income. Need to file 2011 tax return   If you have no net profits, the part of your gross profit that represents a reasonable allowance for personal services actually performed is considered earned income. Need to file 2011 tax return Because you do not have a net profit, the 30% limit does not apply. Need to file 2011 tax return Example 1. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen and meet the bona fide residence test. Need to file 2011 tax return You invest in a partnership based in Cameroon that is engaged solely in selling merchandise outside the United States. Need to file 2011 tax return You perform no services for the partnership. Need to file 2011 tax return At the end of the tax year, your share of the net profits is $80,000. Need to file 2011 tax return The entire $80,000 is unearned income. Need to file 2011 tax return Example 2. Need to file 2011 tax return Assume that in Example 1 you spend time operating the business. Need to file 2011 tax return Your share of the net profits is $80,000; 30% of your share of the profits is $24,000. Need to file 2011 tax return If the value of your services for the year is $15,000, your earned income is limited to the value of your services, $15,000. Need to file 2011 tax return Capital not a factor. Need to file 2011 tax return   If capital is not an income-producing factor and personal services produce the business income, the 30% rule does not apply. Need to file 2011 tax return The entire amount of business income is earned income. Need to file 2011 tax return Example. Need to file 2011 tax return You and Lou Green are management consultants and operate as equal partners in performing services outside the United States. Need to file 2011 tax return Because capital is not an income- producing factor, all the income from the partnership is considered earned income. Need to file 2011 tax return Income from a corporation. Need to file 2011 tax return   The salary you receive from a corporation is earned income only if it represents a reasonable allowance as compensation for work you do for the corporation. Need to file 2011 tax return Any amount over what is considered a reasonable salary is unearned income. Need to file 2011 tax return Example 1. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen and an officer and stockholder of a corporation in Honduras. Need to file 2011 tax return You perform no work or service of any kind for the corporation. Need to file 2011 tax return During the tax year you receive a $10,000 “salary” from the corporation. Need to file 2011 tax return The $10,000 clearly is not for personal services and is unearned income. Need to file 2011 tax return Example 2. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen and work full time as secretary-treasurer of your corporation. Need to file 2011 tax return During the tax year you receive $100,000 as salary from the corporation. Need to file 2011 tax return If $80,000 is a reasonable allowance as pay for the work you did, then $80,000 is earned income. Need to file 2011 tax return Stock options. Need to file 2011 tax return   You may have earned income if you disposed of stock that you got by exercising a stock option granted to you under an employee stock purchase plan. Need to file 2011 tax return   If your gain on the disposition of stock you got by exercising an option is treated as capital gain, your gain is unearned income. Need to file 2011 tax return   However, if you disposed of the stock less than 2 years after you were granted the option or less than 1 year after you got the stock, part of the gain on the disposition may be earned income. Need to file 2011 tax return It is considered received in the year you disposed of the stock and earned in the year you performed the services for which you were granted the option. Need to file 2011 tax return Any part of the earned income that is due to work you did outside the United States is foreign earned income. Need to file 2011 tax return   See Publication 525, Taxable and Nontaxable Income, for a discussion of the treatment of stock options. Need to file 2011 tax return Pensions and annuities. Need to file 2011 tax return    For purposes of the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, amounts received as pensions or annuities are unearned income. Need to file 2011 tax return Royalties. Need to file 2011 tax return   Royalties from the leasing of oil and mineral lands and patents generally are a form of rent or dividends and are unearned income. Need to file 2011 tax return   Royalties received by a writer are earned income if they are received: For the transfer of property rights of the writer in the writer's product, or Under a contract to write a book or series of articles. Need to file 2011 tax return Rental income. Need to file 2011 tax return   Generally, rental income is unearned income. Need to file 2011 tax return If you perform personal services in connection with the production of rent, up to 30% of your net rental income can be considered earned income. Need to file 2011 tax return Example. Need to file 2011 tax return Larry Smith, a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen living in Australia, owns and operates a rooming house in Sydney. Need to file 2011 tax return If he is operating the rooming house as a business that requires capital and personal services, he can consider up to 30% of net rental income as earned income. Need to file 2011 tax return On the other hand, if he just owns the rooming house and performs no personal services connected with its operation, except perhaps making minor repairs and collecting rents, none of his net income from the house is considered earned income. Need to file 2011 tax return It is all unearned income. Need to file 2011 tax return Professional fees. Need to file 2011 tax return   If you are engaged in a professional occupation (such as a doctor or lawyer), all fees received in the performance of these services are earned income. Need to file 2011 tax return Income of an artist. Need to file 2011 tax return   Income you receive from the sale of paintings you created is earned income. Need to file 2011 tax return Scholarships and fellowships. Need to file 2011 tax return   Any portion of a scholarship or fellowship grant that is paid to you for teaching, research or other services is considered earned income if you must include it in your gross income. Need to file 2011 tax return If the payer of the grant is required to provide you with a Form W-2, Wage and Tax Statement, these amounts will be listed as wages. Need to file 2011 tax return    Certain scholarship and fellowship income may be exempt under other provisions. Need to file 2011 tax return See Publication 970, Tax Benefits for Education, chapter 1. Need to file 2011 tax return Use of employer's property or facilities. Need to file 2011 tax return   If you receive fringe benefits in the form of the right to use your employer's property or facilities, the fair market value of that right is earned income. Need to file 2011 tax return Fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being required to buy or sell, and both having reasonable knowledge of all the necessary facts. Need to file 2011 tax return Example. Need to file 2011 tax return You are privately employed and live in Japan all year. Need to file 2011 tax return You are paid a salary of $6,000 a month. Need to file 2011 tax return You live rent-free in a house provided by your employer that has a fair rental value of $3,000 a month. Need to file 2011 tax return The house is not provided for your employer's convenience. Need to file 2011 tax return You report on the calendar-year, cash basis. Need to file 2011 tax return You received $72,000 salary from foreign sources plus $36,000 fair rental value of the house, or a total of $108,000 of earned income. Need to file 2011 tax return Reimbursement of employee expenses. Need to file 2011 tax return   If you are reimbursed under an accountable plan (defined below) for expenses you incur on your employer's behalf and you have adequately accounted to your employer for the expenses, do not include the reimbursement for those expenses in your earned income. Need to file 2011 tax return   The expenses for which you are reimbursed are not considered allocable (related) to your earned income. Need to file 2011 tax return If expenses and reimbursement are equal, there is nothing to allocate to excluded income. Need to file 2011 tax return If expenses are more than the reimbursement, the unreimbursed expenses are considered to have been incurred in producing earned income and must be divided between your excluded and included income in determining the amount of unreimbursed expenses you can deduct. Need to file 2011 tax return (See chapter 5. Need to file 2011 tax return ) If the reimbursement is more than the expenses, no expenses remain to be divided between excluded and included income and the excess reimbursement must be included in earned income. Need to file 2011 tax return   These rules do not apply to the following individuals. Need to file 2011 tax return Straight-commission salespersons. Need to file 2011 tax return Employees who have arrangements with their employers under which taxes are not withheld on a percentage of the commissions because the employers consider that percentage to be attributable to the employees' expenses. Need to file 2011 tax return Accountable plan. Need to file 2011 tax return   An accountable plan is a reimbursement or allowance arrangement that includes all three of the following rules. Need to file 2011 tax return The expenses covered under the plan must have a business connection. Need to file 2011 tax return The employee must adequately account to the employer for these expenses within a reasonable period of time. Need to file 2011 tax return The employee must return any excess reimbursement or allowance within a reasonable period of time. Need to file 2011 tax return Reimbursement of moving expenses. Need to file 2011 tax return   Reimbursement of moving expenses may be earned income. Need to file 2011 tax return You must include as earned income: Any reimbursements of, or payments for, nondeductible moving expenses, Reimbursements that are more than your deductible expenses and that you do not return to your employer, Any reimbursements made (or treated as made) under a nonaccountable plan (any plan that does not meet the rules listed above for an accountable plan), even if they are for deductible expenses, and Any reimbursement of moving expenses you deducted in an earlier year. Need to file 2011 tax return This section discusses reimbursements that must be included in earned income. Need to file 2011 tax return Publication 521, Moving Expenses, discusses additional rules that apply to moving expense deductions and reimbursements. Need to file 2011 tax return   The rules for determining when the reimbursement is considered earned or where the reimbursement is considered earned may differ somewhat from the general rules previously discussed. Need to file 2011 tax return   Although you receive the reimbursement in one tax year, it may be considered earned for services performed, or to be performed, in another tax year. Need to file 2011 tax return You must report the reimbursement as income on your return in the year you receive it, even if it is considered earned during a different year. Need to file 2011 tax return Move from U. Need to file 2011 tax return S. Need to file 2011 tax return to foreign country. Need to file 2011 tax return   If you move from the United States to a foreign country, your moving expense reimbursement is generally considered pay for future services to be performed at the new location. Need to file 2011 tax return The reimbursement is considered earned solely in the year of the move if you qualify for the exclusion for a period that includes at least 120 days during that tax year. Need to file 2011 tax return   If you are neither a bona fide resident of nor physically present in a foreign country or countries for a period that includes 120 days during the year of the move, a portion of the reimbursement is considered earned in the year of the move and a portion is considered earned in the year following the year of the move. Need to file 2011 tax return To figure the amount earned in the year of the move, multiply the reimbursement by a fraction. Need to file 2011 tax return The numerator (top number) is the number of days in your qualifying period that fall within the year of the move, and the denominator (bottom number) is the total number of days in the year of the move. Need to file 2011 tax return   The difference between the total reimbursement and the amount considered earned in the year of the move is the amount considered earned in the year following the year of the move. Need to file 2011 tax return The part earned in each year is figured as shown in the following example. Need to file 2011 tax return Example. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen working in the United States. Need to file 2011 tax return You were told in October 2012 that you were being transferred to a foreign country. Need to file 2011 tax return You arrived in the foreign country on December 15, 2012, and you are a bona fide resident for the remainder of 2012 and all of 2013. Need to file 2011 tax return Your employer reimbursed you $2,000 in January 2013 for the part of the moving expense that you were not allowed to deduct. Need to file 2011 tax return Because you did not qualify for the exclusion under the bona fide residence test for at least 120 days in 2012 (the year of the move), the reimbursement is considered pay for services performed in the foreign country for both 2012 and 2013. Need to file 2011 tax return You figure the part of the reimbursement for services performed in the foreign country in 2012 by multiplying the total reimbursement by a fraction. Need to file 2011 tax return The fraction is the number of days during which you were a bona fide resident in 2012 (the year of the move) divided by 366. Need to file 2011 tax return The remaining part of the reimbursement is for services performed in the foreign country in 2013. Need to file 2011 tax return This computation is used only to determine when the reimbursement is considered earned. Need to file 2011 tax return You would include the amount of the reimbursement in income in 2013, the year you received it. Need to file 2011 tax return Move between foreign countries. Need to file 2011 tax return   If you move between foreign countries, any moving expense reimbursement that you must include in income will be considered earned in the year of the move if you qualify for the foreign earned income exclusion for a period that includes at least 120 days in the year of the move. Need to file 2011 tax return Move to U. Need to file 2011 tax return S. Need to file 2011 tax return   If you move to the United States, the moving expense reimbursement that you must include in income is generally considered to be U. Need to file 2011 tax return S. Need to file 2011 tax return source income. Need to file 2011 tax return   However, if under either an agreement between you and your employer or a statement of company policy that is reduced to writing before your move to the foreign country, your employer will reimburse you for your move back to the United States regardless of whether you continue to work for the employer, the includible reimbursement is considered compensation for past services performed in the foreign country. Need to file 2011 tax return The includible reimbursement is considered earned in the year of the move if you qualify for the foreign earned income exclusion for a period that includes at least 120 days during that year. Need to file 2011 tax return Otherwise, you treat the includible reimbursement as received for services performed in the foreign country in the year of the move and the year immediately before the year of the move. Need to file 2011 tax return   See the discussion under Move from U. Need to file 2011 tax return S. Need to file 2011 tax return to foreign country , earlier, to figure the amount of the includible reimbursement considered earned in the year of the move. Need to file 2011 tax return The amount earned in the year before the year of the move is the difference between the total includible reimbursement and the amount earned in the year of the move. Need to file 2011 tax return Example. Need to file 2011 tax return You are a U. Need to file 2011 tax return S. Need to file 2011 tax return citizen employed in a foreign country. Need to file 2011 tax return You retired from employment with your employer on March 31, 2013, and returned to the United States after having been a bona fide resident of the foreign country for several years. Need to file 2011 tax return A written agreement with your employer entered into before you went abroad provided that you would be reimbursed for your move back to the United States. Need to file 2011 tax return In April 2013, your former employer reimbursed you $4,000 for the part of the cost of your move back to the United States that you were not allowed to deduct. Need to file 2011 tax return Because you were not a bona fide resident of a foreign country or countries for a period that included at least 120 days in 2013 (the year of the move), the includible reimbursement is considered pay for services performed in the foreign country for both 2013 and 2012. Need to file 2011 tax return You figure the part of the moving expense reimbursement for services performed in the foreign country for 2013 by multiplying the total includible reimbursement by a fraction. Need to file 2011 tax return The fraction is the number of days of foreign residence during the year (90) divided by the number of days in the year (365). Need to file 2011 tax return The remaining part of the includible reimbursement is for services performed in the foreign country in 2012. Need to file 2011 tax return You report the amount of the includible reimbursement in 2013, the year you received it. Need to file 2011 tax return    In this example, if you met the physical presence test for a period that included at least 120 days in 2013, the moving expense reimbursement would be considered earned entirely in the year of the move. Need to file 2011 tax return Storage expense reimbursements. Need to file 2011 tax return   If you are reimbursed for storage expenses, the reimbursement is for services you perform during the period of time for which the storage expenses are incurred. Need to file 2011 tax return U. Need to file 2011 tax return S. Need to file 2011 tax return Government Employees For purposes of the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, foreign earned income does not include any amounts paid by the United States or any of its agencies to its employees. Need to file 2011 tax return This includes amounts paid from both appropriated and nonappropriated funds. Need to file 2011 tax return The following organizations (and other organizations similarly organized and operated under United States Army, Navy, or Air Force regulations) are integral parts of the Armed Forces, agencies, or instrumentalities of the United States. Need to file 2011 tax return United States Armed Forces exchanges. Need to file 2011 tax return Commissioned and noncommissioned officers' messes. Need to file 2011 tax return Armed Forces motion picture services. Need to file 2011 tax return Kindergartens on foreign Armed Forces installations. Need to file 2011 tax return Amounts paid by the United States or its agencies to persons who are not their employees may qualify for exclusion or deduction. Need to file 2011 tax return If you are a U. Need to file 2011 tax return S. Need to file 2011 tax return Government employee paid by a U. Need to file 2011 tax return S. Need to file 2011 tax return agency that assigned you to a foreign government to perform specific services for which the agency is reimbursed by the foreign government, your pay is from the U. Need to file 2011 tax return S. Need to file 2011 tax return Government and does not qualify for exclusion or deduction. Need to file 2011 tax return If you have questions about whether you are an employee or an independent contractor, get Publication 15-A, Employer's Supplemental Tax Guide. Need to file 2011 tax return American Institute in Taiwan. Need to file 2011 tax return   Amounts paid by the American Institute in Taiwan are not foreign earned income for purposes of the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction. Need to file 2011 tax return If you are an employee of the American Institute in Taiwan, allowances you receive are exempt from U. Need to file 2011 tax return S. Need to file 2011 tax return tax up to the amount that equals tax-exempt allowances received by civilian employees of the U. Need to file 2011 tax return S. Need to file 2011 tax return Government. Need to file 2011 tax return Allowances. Need to file 2011 tax return   Cost-of-living and foreign-area allowances paid under certain acts of Congress to U. Need to file 2011 tax return S. Need to file 2011 tax return civilian officers and employees stationed in Alaska and Hawaii or elsewhere outside the 48 contiguous states and the District of Columbia can be excluded from gross income. Need to file 2011 tax return Post differentials are wages that must be included in gross income, regardless of the act of Congress under which they are paid. Need to file 2011 tax return More information. Need to file 2011 tax return   Publication 516, U. Need to file 2011 tax return S. Need to file 2011 tax return Government Civilian Employees Stationed Abroad, has more information for U. Need to file 2011 tax return S. Need to file 2011 tax return Government employees abroad. Need to file 2011 tax return Exclusion of Meals and Lodging You do not include in your income the value of meals and lodging provided to you and your family by your employer at no charge if the following conditions are met. Need to file 2011 tax return The meals are furnished: On the business premises of your employer, and For the convenience of your employer. Need to file 2011 tax return The lodging is furnished: On the business premises of your employer, For the convenience of your employer, and As a condition of your employment. Need to file 2011 tax return If these conditions are met, do not include the value of the meals or lodging in your income, even if a law or your employment contract says that they are provided as compensation. Need to file 2011 tax return Amounts you do not include in income because of these rules are not foreign earned income. Need to file 2011 tax return If you receive a Form W-2, excludable amounts should not be included in the total reported in box 1 as wages. Need to file 2011 tax return Family. Need to file 2011 tax return   Your family, for this purpose, includes only your spouse and your dependents. Need to file 2011 tax return Lodging. Need to file 2011 tax return   The value of lodging includes the cost of heat, electricity, gas, water, sewer service, and similar items needed to make the lodging fit to live in. Need to file 2011 tax return Business premises of employer. Need to file 2011 tax return   Generally, the business premises of your employer is wherever you work. Need to file 2011 tax return For example, if you work as a housekeeper, meals and lodging provided in your employer's home are provided on the business premises of your employer. Need to file 2011 tax return Similarly, meals provided to cowhands while herding cattle on land leased or owned by their employer are considered provided on the premises of their employer. Need to file 2011 tax return Convenience of employer. Need to file 2011 tax return   Whether meals or lodging are provided for your employer's convenience must be determined from all the facts and circumstances. Need to file 2011 tax return Meals furnished at no charge are considered provided for your employer's convenience if there is a good business reason for providing them, other than to give you more pay. Need to file 2011 tax return   On the other hand, if your employer provides meals to you or your family as a means of giving you more pay, and there is no other business reason for providing them, their value is extra income to you because they are not furnished for the convenience of your employer. Need to file 2011 tax return Condition of employment. Need to file 2011 tax return   Lodging is provided as a condition of employment if you must accept the lodging to properly carry out the duties of your job. Need to file 2011 tax return You must accept lodging to properly carry out your duties if, for example, you must be available for duty at all times or you could not perform your duties if the lodging was not furnished. Need to file 2011 tax return Foreign camps. Need to file 2011 tax return   If the lodging is in a camp located in a foreign country, the camp is considered part of your employer's business premises. Need to file 2011 tax return The camp must be: Provided for your employer's convenience because the place where you work is in a remote area where satisfactory housing is not available to you on the open market within a reasonable commuting distance, Located as close as reasonably possible in the area where you work, and Provided in a common area or enclave that is not available to the general public for lodging or accommodations and that normally houses at least ten employees. Need to file 2011 tax return Foreign Earned Income Exclusion If your tax home is in a foreign country and you meet the bona fide residence test or the physical presence test, you can choose to exclude from your income a limited amount of your foreign earned income. Need to file 2011 tax return Foreign earned income was defined earlier in this chapter. Need to file 2011 tax return You also can choose to exclude from your income a foreign housing amount. Need to file 2011 tax return This is explained later under Foreign Housing Exclusion. Need to file 2011 tax return If you choose to exclude a foreign housing amount, you must figure the foreign housing exclusion before you figure the foreign earned income exclusion. Need to file 2011 tax return Your foreign earned income exclusion is limited to your foreign earned income minus your foreign housing exclusion. Need to file 2011 tax return If you choose to exclude foreign earned income, you cannot deduct, exclude, or claim a credit for any item that can be allocated to or charged against the excluded amounts. Need to file 2011 tax return This includes any expenses, losses, and other normally deductible items allocable to the excluded income. Need to file 2011 tax return For more information about deductions and credits, see chapter 5 . Need to file 2011 tax return Limit on Excludable Amount You may be able to exclude up to $97,600 of your foreign earned income in 2013. Need to file 2011 tax return You cannot exclude more than the smaller of: $97,600, or Your foreign earned income (discussed earlier) for the tax year minus your foreign housing exclusion (discussed later). Need to file 2011 tax return If both you and your spouse work abroad and each of you meets either the bona fide residence test or the physical presence test, you can each choose the foreign earned income exclusion. Need to file 2011 tax return You do not both need to meet the same test. Need to file 2011 tax return Together, you and your spouse can exclude as much as $195,200. Need to file 2011 tax return Paid in year following work. Need to file 2011 tax return   Generally, you are considered to have earned income in the year in which you do the work for which you receive the income, even if you work in one year but are not paid until the following year. Need to file 2011 tax return If you report your income on a cash basis, you report the income on your return for the year you receive it. Need to file 2011 tax return If you work one year, but are not paid for that work until the next year, the amount you can exclude in the year you are paid is the amount you could have excluded in the year you did the work if you had been paid in that year. Need to file 2011 tax return For an exception to this general rule, see Year-end payroll period, later. Need to file 2011 tax return Example. Need to file 2011 tax return You were a bona fide resident of Brazil for all of 2012 and 2013. Need to file 2011 tax return You report your income on the cash basis. Need to file 2011 tax return In 2012, you were paid $84,200 for work you did in Brazil during that year. Need to file 2011 tax return You excluded all of the $84,200 from your income in 2012. Need to file 2011 tax return In 2013, you were paid $117,300 for your work in Brazil. Need to file 2011 tax return $18,800 was for work you did in 2012 and $98,500 was for work you did in 2013. Need to file 2011 tax return You can exclude $10,900 of the $18,800 from your income in 2013. Need to file 2011 tax return This is the $95,100 maximum exclusion in 2012 minus the $84,200 actually excluded that year. Need to file 2011 tax return You must include the remaining $7,900 in income in 2013 because you could not have excluded that income in 2012 if you had received it that year. Need to file 2011 tax return You can exclude $97,600 of the $98,500 you were paid for work you did in 2013 from your 2013 income. Need to file 2011 tax return Your total foreign earned income exclusion for 2013 is $108,500 ($10,900 for work you did in 2012 and $97,600 for work you did in 2013). Need to file 2011 tax return You would include in your 2013 income $8,800 ($7,900 for the work you did in 2012 and $900 for the work you did in 2013). Need to file 2011 tax return Year-end payroll period. Need to file 2011 tax return   There is an exception to the general rule that income is considered earned in the year you do the work for which you receive the income. Need to file 2011 tax return If you are a cash-basis taxpayer, any salary or wage payment you receive after the end of the year in which you do the work for which you receive the pay is considered earned entirely in the year you receive it if all four of the following apply. Need to file 2011 tax return The period for which the payment is made is a normal payroll period of your employer that regularly applies to you. Need to file 2011 tax return The payroll period includes the last day of your tax year (December 31 if you figure your taxes on a calendar-year basis). Need to file 2011 tax return The payroll period is not longer than 16 days. Need to file 2011 tax return The payday comes at the same time in relation to the payroll period that it would normally come and it comes before the end of the next payroll period. Need to file 2011 tax return Example. Need to file 2011 tax return You are paid twice a month. Need to file 2011 tax return For the normal payroll period that begins on the first of the month and ends on the fifteenth of the month, you are paid on the sixteenth day of the month. Need to file 2011 tax return For the normal payroll period that begins on the sixteenth of the month and ends on the last day of the month, you are paid on the first day of the following month. Need to file 2011 tax return Because all of the above conditions are met, the pay you received on January 1, 2013, is considered earned in 2013. Need to file 2011 tax return Income earned over more than 1 year. Need to file 2011 tax return   Regardless of when you actually receive income, you must apply it to the year in which you earned it in figuring your excludable amount for that year. Need to file 2011 tax return For example, a bonus may be based on work you did over several years. Need to file 2011 tax return You determine the amount of the bonus that is considered earned in a particular year in two steps. Need to file 2011 tax return Divide the bonus by the number of calendar months in the period when you did the work that resulted in the bonus. Need to file 2011 tax return Multiply the result of (1) by the number of months you did the work during the year. Need to file 2011 tax return This is the amount that is subject to the exclusion limit for that tax year. Need to file 2011 tax return Income received more than 1 year after it was earned. Need to file 2011 tax return   You cannot exclude income you receive after the end of the year following the year you do the work to earn it. Need to file 2011 tax return Example. Need to file 2011 tax return   You were a bona fide resident of Sweden for 2011, 2012, and 2013. Need to file 2011 tax return You report your income on the cash basis. Need to file 2011 tax return In 2011, you were paid $69,000 for work you did in Sweden that year and in 2012 you were paid $74,000 for that year's work in Sweden. Need to file 2011 tax return You excluded all the income on your 2011 and 2012 returns. Need to file 2011 tax return   In 2013, you were paid $92,000; $82,000 for your work in Sweden during 2013, and $10,000 for work you did in Sweden in 2011. Need to file 2011 tax return You cannot exclude any of the $10,000 for work done in 2011 because you received it after the end of the year following the year in which you earned it. Need to file 2011 tax return You must include the $10,000 in income. Need to file 2011 tax return You can exclude all of the $82,000 received for work you did in 2013. Need to file 2011 tax return Community income. Need to file 2011 tax return   The maximum exclusion applies separately to the earnings of spouses. Need to file 2011 tax return Ignore any community property laws when you figure your limit on the foreign earned income exclusion. Need to file 2011 tax return Part-year exclusion. Need to file 2011 tax return   If the period for which you qualify for the foreign earned income exclusion includes only part of the year, you must adjust the maximum limit based on the number of qualifying days in the year. Need to file 2011 tax return The number of qualifying days is the number of days in the year within the period on which you both: Have your tax home in a foreign country, and Meet either the bona fide residence test or the physical presence test. Need to file 2011 tax return   For this purpose, you can count as qualifying days all days within a period of 12 consecutive months once you are physically present and have your tax home in a foreign country for 330 full days. Need to file 2011 tax return To figure your maximum exclusion, multiply the maximum excludable amount for the year by the number of your qualifying days in the year, and then divide the result by the number of days in the year. Need to file 2011 tax return Example. Need to file 2011 tax return You report your income on the calendar-year basis and you qualified for the foreign earned income exclusion under the bona fide residence test for 75 days in 2013. Need to file 2011 tax return You can exclude a maximum of 75/365 of $97,600, or $20,055, of your foreign earned income for 2013. Need to file 2011 tax return If you qualify under the bona fide residence test for all of 2014, you can exclude your foreign earned income up to the 2014 limit. Need to file 2011 tax return Physical presence test. Need to file 2011 tax return   Under the physical presence test, a 12-month period can be any period of 12 consecutive months that includes 330 full days. Need to file 2011 tax return If you qualify for the foreign earned income exclusion under the physical presence test for part of a year, it is important to carefully choose the 12-month period that will allow the maximum exclusion for that year. Need to file 2011 tax return Example. Need to file 2011 tax return You are physically present and have your tax home in a foreign country for a 16-month period from June 1, 2012, through September 30, 2013, except for 16 days in December 2012 when you were on vacation in the United States. Need to file 2011 tax return You figure the maximum exclusion for 2012 as follows. Need to file 2011 tax return Beginning with June 1, 2012, count forward 330 full days. Need to file 2011 tax return Do not count the 16 days you spent in the United States. Need to file 2011 tax return The 330th day, May 12, 2013, is the last day of a 12-month period. Need to file 2011 tax return Count backward 12 months from May 11, 2013, to find the first day of this 12-month period, May 12, 2012. Need to file 2011 tax return This 12-month period runs from May 12, 2012, through May 11, 2013. Need to file 2011 tax return Count the total days during 2012 that fall within this 12-month period. Need to file 2011 tax return This is 234 days (May 12, 2012 – December 31, 2012). Need to file 2011 tax return Multiply $95,100 (the maximum exclusion for 2012) by the fraction 234/366 to find your maximum exclusion for 2012 ($60,802). Need to file 2011 tax return You figure the maximum exclusion for 2013 in the opposite manner. Need to file 2011 tax return Beginning with your last full day, September 30, 2013, count backward 330 full days. Need to file 2011 tax return Do not count the 16 days you spent in the United States. Need to file 2011 tax return That day, October 20, 2012, is the first day of a 12-month period. Need to file 2011 tax return Count forward 12 months from October 20, 2012, to find the last day of this 12-month period, October 19, 2013. Need to file 2011 tax return This 12-month period runs from October 20, 2012, through October 19, 2013. Need to file 2011 tax return Count the total days during 2013 that fall within this 12-month period. Need to file 2011 tax return This is 292 days (January 1, 2013 – October 19, 2013). Need to file 2011 tax return Multiply $97,600, the maximum limit, by the fraction 292/365 to find your maximum exclusion for 2013 ($78,080). Need to file 2011 tax return Choosing the Exclusion The foreign earned income exclusion is voluntary. Need to file 2011 tax return You can choose the exclusion by completing the appropriate parts of Form 2555. Need to file 2011 tax return When You Can Choose the Exclusion Your initial choice of the exclusion on Form 2555 or Form 2555-EZ generally must be made with one of the following returns. Need to file 2011 tax return A return filed by the due date (including any extensions). Need to file 2011 tax return A return amending a timely-filed return. Need to file 2011 tax return Amended returns generally must be filed by the later of 3 years after the filing date of the original return or 2 years after the tax is paid. Need to file 2011 tax return A return filed within 1 year from the original due date of the return (determined without regard to any extensions). Need to file 2011 tax return Filing after the above periods. Need to file 2011 tax return   You can choose the exclusion on a return filed after the periods described above if you owe no federal income tax after taking into account the exclusion. Need to file 2011 tax return If you owe federal income tax after taking into account the exclusion, you can choose the exclusion on a return filed after the periods described earlier if you file before the IRS discovers that you failed to choose the exclusion. Need to file 2011 tax return Whether or not you owe federal income tax after taking the exclusion into account, if you file your return after the periods described earlier, you must type or legibly print at the top of the first page of the Form 1040 “Filed pursuant to section 1. Need to file 2011 tax return 911-7(a)(2)(i)(D). Need to file 2011 tax return ” If you owe federal income tax after taking into account the foreign earned income exclusion and the IRS discovered that you failed to choose the exclusion, you may still be able to choose the exclusion. Need to file 2011 tax return You must request a private letter ruling under Income Tax Regulation 301. Need to file 2011 tax return 9100-3 and Revenue Procedure 2013-1, 2013-1 I. Need to file 2011 tax return R. Need to file 2011 tax return B. Need to file 2011 tax return 1, available at www. Need to file 2011 tax return irs. Need to file 2011 tax return gov/irb/2013-01_IRB/ar06. Need to file 2011 tax return html. Need to file 2011 tax return Effect of Choosing the Exclusion Once you choose to exclude your foreign earned income, that choice remains in effect for that year and all later years unless you revoke it. Need to file 2011 tax return Foreign tax credit or deduction. Need to file 2011 tax return  

Publication 15-A (2014), Employer's Supplemental Tax Guide

(Supplement to Publication 15 (Circular E),Employer's Tax Guide)

For use in 2014


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The Need To File 2011 Tax Return

Need to file 2011 tax return 12. Need to file 2011 tax return   Otros Ingresos Table of Contents Introduction Useful Items - You may want to see: Trueque Deudas CanceladasIntereses incluidos en una deuda cancelada. Need to file 2011 tax return Excepciones Anfitrión o Anfitriona Ganancias de un Seguro de VidaCónyuge sobreviviente. Need to file 2011 tax return Ganancias de un Contrato de Dotación Beneficios Acelerados por Fallecimiento Funcionario de Seguridad Pública Fallecido en el Cumplimiento del Deber Ingresos de Sociedades Colectivas Ingresos de Sociedad Anónima de Tipo S Recuperación de FondosRecuperaciones de Deducciones Detalladas Alquileres de Bienes Muebles ReintegrosMétodo 1. Need to file 2011 tax return Método 2. Need to file 2011 tax return RegalíasAgotamiento. Need to file 2011 tax return Carbón y mineral de hierro. Need to file 2011 tax return Venta de participación de bienes. Need to file 2011 tax return Parte de una futura producción vendida. Need to file 2011 tax return Beneficios por DesempleoTipos de compensación por desempleo. Need to file 2011 tax return Programa gubernamental. Need to file 2011 tax return Reintegro de compensación por desempleo. Need to file 2011 tax return Retención de impuestos. Need to file 2011 tax return Reintegro de beneficios. Need to file 2011 tax return Beneficios del Bienestar Social y Otros Beneficios de Asistencia Pública Otros IngresosAngustia emocional. Need to file 2011 tax return Deducción por costos relativos a una demanda por discriminación ilegal. Need to file 2011 tax return Medidas de ahorro de energía. Need to file 2011 tax return Unidad habitable. Need to file 2011 tax return Ingreso actual que se requiere distribuir. Need to file 2011 tax return Ingreso actual que no se requiere distribuir. Need to file 2011 tax return Cómo hacer la declaración. Need to file 2011 tax return Pérdidas. Need to file 2011 tax return Fideicomiso de un cesionario. Need to file 2011 tax return Remuneración para personas que no son empleados. Need to file 2011 tax return Director de una sociedad anónima. Need to file 2011 tax return Representante personal. Need to file 2011 tax return Administrador de una ocupación o negocio de patrimonio en quiebra. Need to file 2011 tax return Notario público. Need to file 2011 tax return Funcionario de distrito electoral. Need to file 2011 tax return Pagos por complejidad del cuidado. Need to file 2011 tax return Mantenimiento del espacio en el hogar. Need to file 2011 tax return Declaración de pagos sujetos a impuestos. Need to file 2011 tax return Loterías y rifas. Need to file 2011 tax return Formulario W-2G. Need to file 2011 tax return Cómo declarar ganancias de juegos y apuestas y mantenimiento de documentación. Need to file 2011 tax return Pensión o arreglo IRA heredado. Need to file 2011 tax return Recompensas o bonificaciones para empleados. Need to file 2011 tax return Premio Pulitzer, Premio Nobel y premios similares. Need to file 2011 tax return Pago por servicios. Need to file 2011 tax return Pagos del Departamento de Asuntos de Veteranos (VA). Need to file 2011 tax return Premios. Need to file 2011 tax return Indemnización por huelga y cierre patronal. Need to file 2011 tax return Introduction Tiene que incluir en su declaración toda partida de ingresos que reciba en forma de dinero, bienes o servicios a menos que la ley tributaria estipule lo contrario. Need to file 2011 tax return No obstante, algunos artículos se excluyen sólo parcialmente de los ingresos. Need to file 2011 tax return Este capítulo trata sobre varios tipos de ingresos y explica si éstos están sujetos a impuestos o no. Need to file 2011 tax return El ingreso que según la ley tributaria está sujeto a la tasasión de impuestos tiene que declararse en la declaración de impuestos y está sujeto a impuestos. Need to file 2011 tax return El ingreso que no está sujeto a la tasación de impuestos tal vez tenga que aparecer en la declaración de impuestos, pero no está sujeto a impuestos. Need to file 2011 tax return Este capítulo empieza con una explicación de las siguientes fuentes de ingreso: Trueque. Need to file 2011 tax return Deudas canceladas. Need to file 2011 tax return Fiestas de ventas en las que usted es anfitrión o anfitriona. Need to file 2011 tax return Fondos procedentes del seguro de vida. Need to file 2011 tax return Ingresos de sociedades colectivas. Need to file 2011 tax return Ingresos de sociedades anónimas de tipo S. Need to file 2011 tax return Recuperaciones de fondos (incluidos los reembolsos de impuesto estatal sobre los ingresos). Need to file 2011 tax return Alquileres de bienes muebles. Need to file 2011 tax return Reintegros. Need to file 2011 tax return Regalías. Need to file 2011 tax return Beneficios por desempleo. Need to file 2011 tax return Beneficios del bienestar social y otros beneficios de asistencia pública. Need to file 2011 tax return A continuación de estos temas, encontrará una lista de otras fuentes de ingreso. Need to file 2011 tax return Useful Items - You may want to see: Publicación 525 Taxable and Nontaxable Income (Ingreso sujeto a impuestos y no sujeto a impuestos), en inglés 544 Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés 4681 Canceled Debts, Foreclosures, Repossessions, and Abandonments (Deudas canceladas, ejecuciones hipotecarias, embargo de bienes raíces y abandonos), en inglés Trueque El trueque es un intercambio de bienes o servicios. Need to file 2011 tax return Tiene que incluir en sus ingresos el valor justo de mercado de aquellos bienes o servicios que reciba por trueque al momento de recibirlos. Need to file 2011 tax return Si intercambia servicios con otra persona y ambos han llegado a un acuerdo con anticipación con respecto al valor de los servicios, ese valor se aceptará como el valor justo de mercado, a menos que se pueda demostrar que el valor es diferente. Need to file 2011 tax return Por lo general, debe declarar este ingreso en el Anexo C (Formulario 1040), Profit or Loss From Business (Pérdidas o ganancias de negocios), o en el Anexo C-EZ (Formulario 1040), Net Profit From Business (Utilidad neta de negocios), ambos en inglés. Need to file 2011 tax return Sin embargo, si el trueque implica un intercambio de algo que no sea servicios, como se indica en el Ejemplo 3 a continuación, tal vez deba usar otro formulario o anexo en su lugar. Need to file 2011 tax return Ejemplo 1. Need to file 2011 tax return Usted es abogado por cuenta propia que presta servicios legales a un cliente, una sociedad anónima pequeña. Need to file 2011 tax return Esta sociedad anónima le paga con acciones a cambio de sus servicios. Need to file 2011 tax return Tiene que incluir en sus ingresos el valor justo de mercado de las acciones en el Anexo C o en el Anexo C-EZ (Formulario 1040) en el año en que las reciba. Need to file 2011 tax return Ejemplo 2. Need to file 2011 tax return Usted trabaja por cuenta propia y es miembro de un club de trueque. Need to file 2011 tax return El club usa “unidades de crédito” como medio de intercambio. Need to file 2011 tax return El club suma unidades de crédito a su cuenta por los bienes o servicios que proporciona a otros miembros, las cuales usted puede usar para comprar bienes o servicios que ofrecen otros miembros del club de trueque. Need to file 2011 tax return El club resta unidades de crédito de su cuenta cuando usted recibe bienes o servicios de otros miembros. Need to file 2011 tax return Tiene que incluir en su ingreso el valor de las unidades de crédito que se suman a su cuenta, aun si en realidad no recibe bienes o servicios de otros miembros del club hasta un año tributario futuro. Need to file 2011 tax return Ejemplo 3. Need to file 2011 tax return Usted es propietario de un pequeño edificio de apartamentos. Need to file 2011 tax return A cambio del uso de un apartamento durante 6 meses sin pagar alquiler, una artista le da una obra que ella misma creó. Need to file 2011 tax return Tiene que declarar como ingreso de alquiler en el Anexo E (Formulario 1040), Supplemental Income and Loss (Pérdidas e ingresos suplementarios), en inglés, el valor justo de mercado de la obra de arte y la artista tiene que declarar como ingreso el valor justo de alquiler del apartamento en el Anexo C o en el Anexo C-EZ (Formulario 1040). Need to file 2011 tax return Formulario 1099-B por trueque. Need to file 2011 tax return   Si ha intercambiado bienes o servicios mediante una organización de trueques, dicha organización le debe enviar el Formulario 1099-B, Proceeds From Broker and Barter Exchange Transactions (Ingresos por transacciones de agentes de bolsa y trueque), en inglés, o una declaración de la organización de trueques parecida, a más tardar el 18 de febrero del año 2014. Need to file 2011 tax return Este documento debe indicar el valor de efectivo, bienes, servicios, créditos o certificado provisional que recibió como resultado de los trueques durante el año 2013. Need to file 2011 tax return El IRS también recibirá una copia del Formulario 1099-B. Need to file 2011 tax return Deudas Canceladas En la mayoría de los casos, si una deuda suya se cancela o condona, salvo si es por regalo o legado testamentario, tiene que incluir en su ingreso la cantidad cancelada. Need to file 2011 tax return No recibe ningún ingreso de la deuda cancelada si se le dio como regalo. Need to file 2011 tax return Una deuda incluye toda deuda de la cual sea responsable o que se relacione con bienes suyos. Need to file 2011 tax return Si la deuda no es comercial, declare la cantidad cancelada en la línea 21 del Formulario 1040. Need to file 2011 tax return Si es una deuda comercial, declare la cantidad en el Anexo C (Formulario 1040) o en el Anexo C-EZ (Formulario 1040) (o en el Anexo F (Formulario 1040), Profit or Loss From Farming (Pérdidas o ganancias por actividades agrícolas), en inglés, si la deuda es una deuda agrícola y usted es granjero). Need to file 2011 tax return Formulario 1099-C. Need to file 2011 tax return   Si tiene una deuda de $600 o más y una agencia del gobierno federal, institución financiera o cooperativa de crédito la cancela o la condona, usted recibirá el Formulario 1099-C, Cancellation of Debt (Cancelación de la deuda), en inglés. Need to file 2011 tax return La cantidad de la deuda cancelada aparece en el recuadro 2. Need to file 2011 tax return Intereses incluidos en una deuda cancelada. Need to file 2011 tax return   Si el pago de algunos intereses se condona y se suma a la cantidad de deuda cancelada en el recuadro 2, la cantidad de intereses también aparecerá en el recuadro 3. Need to file 2011 tax return El tener que incluir la parte de los intereses de la deuda cancelada en su ingreso depende de si los intereses serían deducibles cuando usted los pagó. Need to file 2011 tax return Consulte Deuda deducible más adelante, bajo Excepciones . Need to file 2011 tax return   Si los intereses no se pueden deducir (por ejemplo, interés sobre un préstamo personal), incluya en sus ingresos la cantidad del recuadro 2 del Formulario 1099-C. Need to file 2011 tax return Si los intereses sí se pueden deducir (por ejemplo, intereses sobre un préstamo comercial), incluya en sus ingresos la cantidad neta de la deuda cancelada (la cantidad que aparece en el recuadro 2 menos la cantidad de intereses que aparece en el recuadro 3). Need to file 2011 tax return Préstamo hipotecario con descuento. Need to file 2011 tax return   Si su institución financiera ofrece un descuento por el pago anticipado de su préstamo hipotecario, la cantidad del descuento se considera deuda cancelada. Need to file 2011 tax return Tiene que incluir la cantidad cancelada en sus ingresos. Need to file 2011 tax return Exoneración del pago hipotecario al momento de la venta u otra enajenación. Need to file 2011 tax return   Si es personalmente responsable del pago de una hipoteca (deuda con recurso) y queda exonerado del pago de la hipoteca al enajenar la propiedad, puede obtener una pérdida o ganancia hasta el valor justo de mercado de la propiedad. Need to file 2011 tax return A medida que la eliminación de la hipoteca sobrepase el valor justo de mercado de la propiedad, se considerará ingreso proveniente de la eliminación de deudas a menos que reúna los requisitos para ser excluida, los cuales se indican en el tema titulado Deuda excluida , más adelante. Need to file 2011 tax return Declare todo ingreso proveniente de la eliminación de deudas no comerciales que no reúna los requisitos para ser excluido como otros ingresos en la línea 21 del Formulario 1040. Need to file 2011 tax return    Quizás pueda excluir una parte de la exoneración del pago hipotecario sobre su residencia principal. Need to file 2011 tax return Vea Deuda excluida , más adelante. Need to file 2011 tax return   Si no es personalmente responsable del pago de una hipoteca (deuda sin recurso) y queda exonerado del pago de la hipoteca al enajenar la propiedad (por ejemplo, a través de una ejecución hipotecaria), esa exoneración se incluye en la cantidad que usted realiza. Need to file 2011 tax return Es posible que tenga una ganancia sujeta a impuestos si la cantidad que usted obtiene excede de la base ajustada de la propiedad. Need to file 2011 tax return Declare toda ganancia sobre propiedad no comercial como ganancia de capital. Need to file 2011 tax return   Vea la Publicación 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments (Deudas canceladas, ejecuciones hipotecarias, embargo de bienes raíces y abandonos), en inglés, para más información. Need to file 2011 tax return Deuda de accionistas. Need to file 2011 tax return   Si es accionista de una sociedad anónima y ésta cancela o condona su deuda con ella, la deuda cancelada se considera una distribución implícita que generalmente es ingreso de dividendos para usted. Need to file 2011 tax return Para más información, vea la Publicación 542, Corporations (Sociedades anónimas), en inglés. Need to file 2011 tax return   Si es accionista de una sociedad anónima y cancela una deuda que a usted le debe la sociedad anónima, generalmente no recibe (realiza) ingreso. Need to file 2011 tax return Esto se debe a que la deuda cancelada se considera una aportación al capital de la sociedad anónima por un monto equivalente a la cantidad del capital de la deuda que usted canceló. Need to file 2011 tax return Reintegro de deuda cancelada. Need to file 2011 tax return   Si incluye una cantidad cancelada en sus ingresos y luego paga el saldo adeudado, posiblemente pueda solicitar un reembolso para el año en que dicha cantidad se incluyó en los ingresos. Need to file 2011 tax return Puede solicitar un reembolso en el Formulario 1040X, Amended U. Need to file 2011 tax return S. Need to file 2011 tax return Individual Income Tax Return (Declaración enmendada del impuesto estadounidense sobre los ingresos personales), en inglés, si la ley de prescripción para solicitar reembolsos está vigente. Need to file 2011 tax return Generalmente, el plazo de prescripción no vence sino hasta 3 años después de la fecha de vencimiento de la declaración original. Need to file 2011 tax return Excepciones Existen varias excepciones a la inclusión de deuda cancelada en los ingresos. Need to file 2011 tax return Éstas se explican a continuación. Need to file 2011 tax return Préstamos para estudiantes. Need to file 2011 tax return   Ciertos préstamos para estudiantes incluyen una disposición que establece que se cancelará la totalidad o parte de la deuda en la que se ha incurrido por asistir a la institución educativa calificada a condición de que usted trabaje durante determinado período de tiempo en ciertas profesiones con una amplia gama de empleadores. Need to file 2011 tax return   No se considera que tiene ingresos si su préstamo para estudiantes se cancela después de que haya aceptado esta disposición y prestado los servicios requeridos. Need to file 2011 tax return Para satisfacer las condiciones, el préstamo tiene que haber sido otorgado por: El gobierno federal, un gobierno estatal o local, o una agencia, organismo o subdivisión de éstos; Una sociedad anónima de beneficios públicos exenta de impuestos que haya asumido el control de un hospital estatal, de condado o municipal y cuyos empleados se consideren empleados públicos según la ley estatal o Una institución de enseñanza superior: Según un acuerdo firmado con una entidad descrita en los puntos (1) o (2) que proporcionó fondos a la institución para otorgar el préstamo o Como parte de un programa de la institución designada para motivar a sus estudiantes a desempeñar ocupaciones con necesidades subatendidas y bajo el cual los servicios se prestan por los estudiantes ( o ex estudiantes) para o bajo la dirección de una entidad gubernamental o una organización que no está sujeta a impuestos tal conforme a la sección 501(c)(3). Need to file 2011 tax return   Un préstamo para refinanciar un préstamo para estudiantes calificado también reunirá los requisitos si lo otorga una institución de enseñanza superior o una organización exenta de impuestos que reúne los requisitos dentro de un programa diseñado conforme al punto (3)(b) anterior. Need to file 2011 tax return Asistencia para el reintegro de préstamos de estudios. Need to file 2011 tax return   No están sujetos a impuestos los reintegros de préstamos de estudios otorgados por el National Health Service Corps Loan Repayment Program (Programa de Reintegro de Préstamos del Cuerpo Nacional de Servicios de Salud (NHSC, por sus siglas en inglés)) por un programa estatal de reintegro de préstamos de estudios que reúna los requisitos para recibir fondos conforme a la Public Health Service Act (Ley sobre el Servicio de Salud Pública) o por cualquier otro programa estatal para el reintegro de préstamos o la condonación de préstamos si dicho programa está destinado a aumentar la disponibilidad de servicios de salud en zonas subatendidas o que carecen de profesionales de salud. Need to file 2011 tax return    La disposición relacionada con “cualquier otro programa estatal para el reintegro de préstamos o la condonación de préstamos” se agregó a la exclusión de fondos de préstamo recibidos en años tributarios que hayan comenzado después del 31 de diciembre de 2008. Need to file 2011 tax return Si incluyó estos fondos en los ingresos del año 2010, 2011 ó 2012, debe presentar una declaración de impuestos enmendada para excluir dichos ingresos. Need to file 2011 tax return Vea el Formulario 1040X y sus Instrucciones para más detalles sobre cómo presentarlo. Need to file 2011 tax return Deuda deducible. Need to file 2011 tax return   No tiene ingreso de la cancelación de una deuda si se puede deducir el pago de la deuda. Need to file 2011 tax return Esta excepción se aplica sólo si se usa el método contable a base de efectivo. Need to file 2011 tax return Para obtener más información, consulte el capítulo 5 de la Publicación 334, Tax Guide For Small Business (Guía tributaria para pequeños negocios), en inglés. Need to file 2011 tax return Precio reducido después de la compra. Need to file 2011 tax return   En la mayoría de los casos, si el vendedor reduce la cantidad que usted adeuda por bienes que usted compró, no tiene ingreso resultante de la reducción. Need to file 2011 tax return La reducción de la deuda se trata como un ajuste al precio de compra y reduce su base en los bienes. Need to file 2011 tax return Deuda excluida. Need to file 2011 tax return   No incluya en su ingreso bruto una deuda cancelada en las siguientes situaciones: La deuda se cancela en un caso de bancarrota conforme al Título 11 del Código de los Estados Unidos. Need to file 2011 tax return Consulte la Publicación 908, Bankruptcy Tax Guide (Guía tributaria sobre bancarrotas), en inglés. Need to file 2011 tax return La deuda se cancela cuando usted es clasificado como insolvente. Need to file 2011 tax return Sin embargo, no puede excluir cantidad alguna de la deuda cancelada que sea mayor que la cantidad que lo clasifica como insolvente. Need to file 2011 tax return Consulte la Publicación 908, en inglés. Need to file 2011 tax return La deuda es una deuda agrícola calificada y la cancela una persona calificada. Need to file 2011 tax return Consulte el capítulo 3 de la Publicación 225, Farmer's Tax Guide (Guía tributaria para agricultores), en inglés. Need to file 2011 tax return La deuda es una deuda comercial de bienes raíces calificada. Need to file 2011 tax return Consulte el capítulo 5 de la Publicación 334, en inglés. Need to file 2011 tax return La cancelación es un regalo (donación). Need to file 2011 tax return La deuda es una deuda calificada sobre la residencia principal. Need to file 2011 tax return Para más información, vea la Publicación 525, en inglés. Need to file 2011 tax return Anfitrión o Anfitriona Si usted es anfitrión de una fiesta o evento donde se hacen ventas, todo regalo o propina que reciba por organizar el evento se considera un pago por ayudar a un vendedor directo a hacer ventas. Need to file 2011 tax return Tiene que declarar dicho regalo o propina como ingresos al valor justo de mercado. Need to file 2011 tax return Los gastos de bolsillo relacionados con la fiesta están sujetos al límite del 50% correspondiente a gastos de comida y entretenimiento. Need to file 2011 tax return Dichos gastos son deducibles como deducciones detalladas misceláneas sujetos al límite del 2% del ingreso bruto ajustado (AGI, por sus siglas en inglés) en el Anexo A (Formulario 1040), pero solamente hasta el monto del ingreso que usted reciba por organizar la fiesta. Need to file 2011 tax return Para más información sobre el límite del 50% para gastos de comida y entretenimiento, vea el capítulo 26 . Need to file 2011 tax return Ganancias de un Seguro de Vida Las ganancias de un seguro de vida que recibe debido a la muerte del asegurado no están sujetas a impuestos, a menos que la póliza se le haya cedido a usted a cambio de un precio. Need to file 2011 tax return Esto es aplicable aun si los pagos se efectuaron conforme a una póliza de seguro médico o de accidente o un contrato de dotación. Need to file 2011 tax return Sin embargo, podrían estar sujetos a impuestos los ingresos de intereses recibidos como parte de un pago de ganancias de seguro de vida. Need to file 2011 tax return Pagos no recibidos a plazos. Need to file 2011 tax return   Si recibe beneficios por fallecimiento en una suma global o de otro modo que no sea a intervalos regulares, incluya en su ingreso sólo los beneficios cuya cantidad sea mayor que la cantidad que se le debe pagar al momento de la muerte del asegurado. Need to file 2011 tax return Si los beneficios por pagar al momento de la muerte del asegurado no están especificados, incluirá en su ingreso los que sean mayores al valor actual pagadero de éstos en la fecha de la muerte del asegurado. Need to file 2011 tax return Pagos recibidos a plazos. Need to file 2011 tax return   Si recibe pagos de un seguro de vida a plazos, puede excluir de su ingreso una parte de cada pago. Need to file 2011 tax return   Para determinar la parte excluida, divida la cantidad mantenida por la compañía de seguros (normalmente la suma global total por pagar en la fecha del fallecimiento de la persona asegurada) por el número de plazos por pagar. Need to file 2011 tax return Toda cantidad que quede como excedente después de calcular la parte excluida tiene que ser incluida en sus ingresos como intereses. Need to file 2011 tax return Cónyuge sobreviviente. Need to file 2011 tax return   Si su cónyuge falleció antes del 23 de octubre de 1986 y los pagos de un seguro recibidos por usted debido a la muerte de su cónyuge se reciben a plazos, puede excluir hasta $1,000 al año de los intereses incluidos en los plazos. Need to file 2011 tax return Si se vuelve a casar, puede continuar declarando la exclusión. Need to file 2011 tax return Rescate de póliza a cambio de efectivo. Need to file 2011 tax return   Si rescata una póliza de seguro de vida a cambio de efectivo, tiene que incluir en los ingresos todo pago mayor que el costo de la póliza de seguro de vida. Need to file 2011 tax return En la mayoría de los casos, el costo (o inversión en el contrato) es el total de las primas que usted pagó por la póliza de seguro de vida, menos las primas reembolsadas, descuentos, dividendos o préstamos no reembolsados que no se incluyeron en su ingreso. Need to file 2011 tax return    Debe recibir un Formulario 1099-R en el que aparezca el total de los pagos y la parte sujeta a impuestos. Need to file 2011 tax return Declare estas cantidades en las líneas 16a y 16b del Formulario 1040 o en las líneas 12a y 12b del Formulario 1040A. Need to file 2011 tax return Información adicional. Need to file 2011 tax return   Para más información, consulte Life Insurance Proceeds (Ganancias de un seguro de vida) en la Publicación 525, en inglés. Need to file 2011 tax return Ganancias de un Contrato de Dotación Un contrato de dotación es una póliza según la cual usted recibe una cantidad especificada de dinero en una fecha determinada, a menos que fallezca antes de esa fecha, en cuyo caso, el dinero se paga a su beneficiario designado. Need to file 2011 tax return Las ganancias de un contrato de dotación que se le hagan en una suma global en la fecha de vencimiento están sujetas a impuestos sólo si la cantidad de las ganancias es mayor que el costo de la póliza. Need to file 2011 tax return Para determinar el costo, reste toda cantidad que haya recibido previamente conforme al contrato, y que se haya excluido de su ingreso, de las primas totales (u otra consideración) pagadas por el contrato. Need to file 2011 tax return Incluya en sus ingresos la parte del pago de suma global que sea mayor que el costo. Need to file 2011 tax return Beneficios Acelerados por Fallecimiento Ciertas cantidades pagadas como beneficios acelerados por fallecimiento conforme a un contrato de seguro de vida o una liquidación de tipo viático antes del fallecimiento del asegurado se excluyen de los ingresos si el asegurado padece de una enfermedad crónica o mortal. Need to file 2011 tax return Acuerdos viáticos. Need to file 2011 tax return   Es la venta o asignación de cualquier parte del beneficio por fallecimiento conforme a un contrato de seguro de vida a un proveedor de acuerdos viáticos. Need to file 2011 tax return Un proveedor de acuerdos viáticos es una persona que ejerce regularmente la actividad de comprar o asumir la asignación de contratos de seguro de vida de personas aseguradas en vida que padecen una enfermedad crónica o mortal y que satisface los requisitos de la sección 101(g)(2)(B) del Código de Impuestos Internos. Need to file 2011 tax return Exclusión por enfermedad mortal. Need to file 2011 tax return    Los beneficios acelerados por fallecimiento son totalmente excluibles si el asegurado es una persona que padece una enfermedad mortal. Need to file 2011 tax return Ésta es una persona cuyo médico ha certificado que tiene una enfermedad o condición física que se espera razonablemente que resulte en su muerte dentro de un período de 24 meses a partir de la fecha de la certificación. Need to file 2011 tax return Exclusión por enfermedad crónica. Need to file 2011 tax return    Si el asegurado es una persona con una enfermedad crónica pero no está desahuciado, los beneficios acelerados por fallecimiento pagados en base a los costos en los que se ha incurrido por servicios de cuidado a largo plazo son totalmente excluibles. Need to file 2011 tax return Los beneficios acelerados por fallecimiento pagados por día o de otra forma periódica son excluibles hasta un límite. Need to file 2011 tax return Este límite corresponde al total de los beneficios acelerados por fallecimiento y a los pagos periódicos recibidos de contratos de seguro de cuidados a largo plazo. Need to file 2011 tax return Para obtener información sobre el límite y las definiciones de persona con enfermedad crónica, servicios calificados del cuidado a largo plazo y contratos de seguro de cuidados a largo plazo, consulte Long-Term Care Insurance Contracts (Contratos de seguro de cuidado a largo plazo) bajo Sickness and Injury Benefits (Beneficios por enfermedad y lesiones) en la Publicación 525, en inglés. Need to file 2011 tax return Excepción. Need to file 2011 tax return   La exclusión no corresponde a ninguna cantidad pagada a una persona (excepto al asegurado) que tenga una participación asegurable en la vida del asegurado, porque dicho asegurado: Es director, funcionario o empleado de dicha persona o Tiene una participación económica en el negocio de dicha persona. Need to file 2011 tax return Formulario 8853. Need to file 2011 tax return   Para reclamar una exclusión por concepto de beneficios acelerados por fallecimiento que se efectúen a diario o de otra forma periódica, tiene que presentar junto con su declaración el Formulario 8853, Archer MSAs and Long-Term Care Insurance Contracts (Cuentas Archer MSA de ahorros médicos y contratos del seguro de cuidado a largo plazo), en inglés. Need to file 2011 tax return No tiene que presentar el Formulario 8853 para excluir beneficios acelerados por fallecimiento pagados basándose en gastos reales en los que usted haya incurrido. Need to file 2011 tax return Funcionario de Seguridad Pública Fallecido en el Cumplimiento del Deber Si es sobreviviente de un funcionario de seguridad pública que falleció en el cumplimiento del deber, tal vez pueda excluir de los ingresos ciertas cantidades que reciba. Need to file 2011 tax return Para este propósito, el término “funcionario de seguridad pública” incluye a los funcionarios encargados de mantener el orden público, bomberos, capellanes, miembros de brigadas de rescate y miembros de servicios de ambulancia. Need to file 2011 tax return Consulte la Publicación 559, Survivors, Executors, and Administrators (Sobrevivientes, albaceas y administradores), en inglés, para más información. Need to file 2011 tax return Ingresos de Sociedades Colectivas Una sociedad colectiva generalmente no es una entidad sujeta a impuestos. Need to file 2011 tax return El ingreso, ganancias, pérdidas, deducciones y créditos de una sociedad colectiva se traspasan a los socios de acuerdo con la parte distributiva de los mismos para cada socio. Need to file 2011 tax return Anexo K-1 (Formulario 1065). Need to file 2011 tax return    Aunque una sociedad colectiva generalmente no paga impuestos, ésta tiene que presentar una declaración informativa en el Formulario 1065, U. Need to file 2011 tax return S. Need to file 2011 tax return Return of Partnership Income (Declaración de impuestos estadounidenses sobre los ingresos de sociedades colectivas), en inglés, y enviar el Anexo K-1 (Formulario 1065) a cada socio. Need to file 2011 tax return Además, la sociedad colectiva enviará a cada socio una copia de las Partner's Instructions for Schedule K-1 (Instrucciones para el Anexo K-1 (Formulario 1065) del socio), en inglés, para ayudarlos a declarar su participación de los ingresos, deducciones, créditos y partidas que reciben trato tributario preferencial de la sociedad colectiva. Need to file 2011 tax return Guarde el Anexo K-1 (Formulario 1065) para sus registros. Need to file 2011 tax return Adjúntelo al Formulario 1040 a menos que usted esté específicamente requerido hacerlo. Need to file 2011 tax return Para obtener más información sobre las sociedades colectivas, consulte la Publicación 541, Partnerships (Sociedades colectivas), en inglés. Need to file 2011 tax return Empresa conjunta que reúne los requisitos. Need to file 2011 tax return   Si usted y su cónyuge cada uno tienen una participación material como socios únicos de un negocio de posesión y operación conjunta, y presentan una declaración conjunta para el año tributario, pueden optar conjuntamente que se les considere empresa conjunta que reúne los requisitos en vez de sociedad colectiva. Need to file 2011 tax return Para optar por este trato, tienen que dividir todo elemento que corresponda a ingresos, ganancias, pérdidas, deducciones o créditos atribuibles a la empresa entre usted y su cónyuge conforme a la participación de cada uno en la empresa. Need to file 2011 tax return Para más información sobre cómo optar por este trato y qué anexos debe presentar, vea las instrucciones para su declaración de impuestos individual. Need to file 2011 tax return Ingresos de Sociedad Anónima de Tipo S En la mayoría de los casos, una sociedad anónima de tipo S no paga impuestos sobre sus ingresos. Need to file 2011 tax return En lugar de ello, los ingresos, pérdidas, deducciones y créditos de la sociedad anónima se traspasan a los accionistas de acuerdo con la participación prorrateada de cada accionista. Need to file 2011 tax return Anexo K-1 (Formulario 1120S). Need to file 2011 tax return   Una sociedad anónima de tipo S tiene que presentar una declaración en el Formulario 1120S, U. Need to file 2011 tax return S. Need to file 2011 tax return Income Tax Return for an S Corporation (Declaración del impuesto estadounidense sobre el ingreso de una sociedad anónima de tipo S), en inglés, y enviar el Anexo K-1 (Formulario 1120S), en inglés, a cada accionista. Need to file 2011 tax return Además, la sociedad anónima de tipo S enviará a cada accionista una copia de las Shareholder's Instructions for Schedule K-1 (Instrucciones para el Anexo K-1 (Formulario 1120S) del accionista), en inglés, para ayudarlo a declarar su participación en los ingresos, pérdidas, créditos y deducciones de la sociedad anónima de tipo S. Need to file 2011 tax return Guarde el Anexo K-1 (Formulario 1120S) para sus registros. Need to file 2011 tax return Adjúntelo al Formulario 1040, a menos que usted esté específicamente requerido hacerlo. Need to file 2011 tax return Para más información sobre las sociedades anónimas de tipo S y sus accionistas, consulte las Instrucciones para el Formulario 1120S. Need to file 2011 tax return Recuperación de Fondos Una recuperación es un reembolso de una cantidad que usted dedujo o declaró como crédito en un año anterior. Need to file 2011 tax return Las recuperaciones más comunes son devoluciones, reembolsos y descuentos de deducciones detalladas en el Anexo A (Formulario 1040). Need to file 2011 tax return También puede tener recuperaciones de deducciones no detalladas (como pagos por deudas incobrables deducidas previamente) y recuperaciones de conceptos por los cuales previamente reclamó un crédito tributario. Need to file 2011 tax return Regla de beneficios tributarios. Need to file 2011 tax return   Tiene que incluir en su ingreso una recuperación en el año en que la recibe hasta la cantidad en que la deducción o el crédito que declaró por la cantidad recuperada redujo su impuesto en el año anterior. Need to file 2011 tax return Para este propósito, se considera que todo aumento a una cantidad trasladada al año actual que resultara de la deducción o del crédito ha reducido su impuesto en el año anterior. Need to file 2011 tax return Para más información, vea la Publicación 525, en inglés. Need to file 2011 tax return Reembolso de impuestos federales sobre los ingresos. Need to file 2011 tax return   Los reembolsos de los impuestos federales sobre los ingresos no se incluyen en sus ingresos porque nunca son permisibles como una deducción de los ingresos. Need to file 2011 tax return Reembolso de impuestos estatales sobre los ingresos. Need to file 2011 tax return   Si recibió un reembolso de impuestos estatales o locales sobre los ingresos (crédito o cantidad neta de deudas) en el año 2013, por lo general tiene que incluirlo en el ingreso si dedujo el impuesto en un año anterior. Need to file 2011 tax return El pagador debe enviarle el Formulario 1099-G, Certain Government Payments (Ciertos pagos del gobierno), en inglés, para el 31 de enero del año 2014. Need to file 2011 tax return El IRS también recibirá una copia del Formulario 1099-G. Need to file 2011 tax return Si presenta el Formulario 1040, use la State and Local Income Tax Refund Worksheet (Hoja de trabajo para reembolsos del impuesto estatal y local sobre el ingreso), en inglés, en las instrucciones del Formulario 1040 del año 2013 para la línea 10 para calcular la cantidad (si la hay) que se debe incluir en su ingreso. Need to file 2011 tax return Vea la Publicación 525, en inglés, para saber cuándo tiene que usar otra hoja de trabajo. Need to file 2011 tax return   Si pudo optar por deducir para un año tributario cualquiera de los siguientes: Impuestos estatales o locales sobre los ingresos o Impuestos estatales o locales sobre ventas generales, entonces el reembolso máximo que tal vez tenga que incluir en los ingresos se limita al impuesto excedente que optó por deducir ese año sobre el impuesto que no dedujo ese año. Need to file 2011 tax return Para ver ejemplos, consulte la Publicación 525, en inglés. Need to file 2011 tax return Reembolso de intereses hipotecarios. Need to file 2011 tax return    Si recibió un reembolso o un crédito en el año 2013 de intereses hipotecarios que pagó en un año anterior, la cantidad debe aparecer en el recuadro 3 del Formulario 1098, Mortgage Interest Statement (Declaración de intereses hipotecarios), en inglés. Need to file 2011 tax return No reste la cantidad del reembolso de los intereses que pagó en el año 2013. Need to file 2011 tax return Tal vez tenga que incluirla en su ingreso según las reglas que se explican en los siguientes párrafos. Need to file 2011 tax return Intereses sobre la recuperación. Need to file 2011 tax return   Los intereses sobre todas las cantidades que usted recupere se tienen que declarar como ingresos de intereses en el año en que los reciba. Need to file 2011 tax return Por ejemplo, declare todos los intereses que reciba en reembolsos de impuestos estatales o locales sobre los ingresos en la línea 8a del Formulario 1040. Need to file 2011 tax return Recuperación y gastos en el mismo año. Need to file 2011 tax return   Si el reembolso u otra recuperación y los gastos se producen en el mismo año, la recuperación reduce la deducción o el crédito y no se declara como ingreso. Need to file 2011 tax return Recuperación de 2 años o más. Need to file 2011 tax return   Si recibe un reembolso u otra recuperación por las cantidades que pagó durante 2 años o más distintos, debe asignar, a prorrateo, la cantidad recuperada entre los años en que pagó estas cantidades. Need to file 2011 tax return Esta asignación es necesaria para determinar la cantidad de recuperación de algún año anterior y para determinar la cantidad, si la hay, de la deducción permisible correspondiente a esta partida en el año actual. Need to file 2011 tax return Para obtener información sobre cómo calcular la asignación, consulte Recoveries (Recuperaciones) en la Publicación 525, en inglés. Need to file 2011 tax return Recuperaciones de Deducciones Detalladas Si recupera alguna cantidad que dedujo en un año anterior en el Anexo A (Formulario 1040), por lo general tiene que incluir en los ingresos la cantidad total de la recuperación en el año en que la recibe. Need to file 2011 tax return Dónde hacer la declaración. Need to file 2011 tax return   Anote su reembolso de impuestos estatales o locales sobre el ingreso en la línea 10 del Formulario 1040 y el total de todas las demás recuperaciones como otros ingresos en la línea 21 del Formulario 1040. Need to file 2011 tax return No puede usar el Formulario 1040A ni el Formulario 1040EZ. Need to file 2011 tax return Límite de deducción estándar. Need to file 2011 tax return   Por lo general, puede declarar la deducción estándar si no detalla las deducciones. Need to file 2011 tax return Sólo las deducciones detalladas mayores que la deducción estándar están sujetas a la regla de recuperación (a menos que a usted se le exija detallar sus deducciones). Need to file 2011 tax return Si las deducciones en la declaración del año anterior no fueron mayores que los ingresos de ese año, incluya en los ingresos del año actual la cantidad menor entre: Sus recuperaciones o La cantidad en que sus deducciones detalladas excedieron del límite de la deducción estándar. Need to file 2011 tax return Ejemplo. Need to file 2011 tax return Para el año 2012, usted presentó una declaración conjunta. Need to file 2011 tax return Su ingreso sujeto a impuestos fue $60,000 y no tenía derecho a crédito tributario alguno. Need to file 2011 tax return Su deducción estándar fue $11,900 y había detallado deducciones de $14,000. Need to file 2011 tax return En el año 2013, recibió las siguientes recuperaciones por las cantidades deducidas en la declaración del año 2012: Gastos médicos $200 Reembolso de impuestos estatales y locales sobre los ingresos 400 Reembolso de intereses hipotecarios 325 Total de recuperaciones $925 Ninguna de las recuperaciones fue mayor que las deducciones declaradas para el año 2012. Need to file 2011 tax return La diferencia entre los impuestos sobre el ingreso estatales y locales deducidos y el impuesto local general sobre ventas fue mayor que $400. Need to file 2011 tax return El total de las recuperaciones fue menor que la cantidad por la cual las deducciones detalladas excedieron de la deducción estándar ($14,000 − 11,900 = $2,100); por lo tanto, tiene que incluir en su ingreso el total de las recuperaciones para el año 2013. Need to file 2011 tax return Declare el reembolso de impuestos sobre el ingreso estatales o locales de $400 en la línea 10 del Formulario 1040 y el saldo de las recuperaciones, $525, en la línea 21 del Formulario 1040. Need to file 2011 tax return Deducción estándar para años anteriores. Need to file 2011 tax return   Para determinar si las cantidades recuperadas en el año 2013 se tienen que incluir en su ingreso, tiene que saber cuál es la deducción estándar para su estado civil para efectos de la declaración del año en que se declaró la deducción. Need to file 2011 tax return Vea las instrucciones de su declaración de impuestos de años anteriores para encontrar la deducción estándar para su estado civil para dicho año anterior. Need to file 2011 tax return Ejemplo. Need to file 2011 tax return Usted presentó una declaración conjunta en el Formulario 1040 para el año 2012 con ingresos sujetos a impuestos de $45,000. Need to file 2011 tax return Sus deducciones detalladas fueron $12,350. Need to file 2011 tax return La deducción estándar que pudo haber declarado fue $11,900. Need to file 2011 tax return En el año 2013, recuperó $2,100 de sus deducciones detalladas del año 2012. Need to file 2011 tax return Ninguna de las recuperaciones fue mayor que las deducciones reales para el año 2012. Need to file 2011 tax return Incluya en sus ingresos del año 2013 $450 de las recuperaciones. Need to file 2011 tax return Ésta es la menor de las recuperaciones ($2,100) o la cantidad por la cual las deducciones detalladas superaban la deducción estándar ($12,350 − 11,900 = $450). Need to file 2011 tax return Recuperación limitada a la cantidad de la deducción. Need to file 2011 tax return   No incluya en los ingresos ninguna cantidad de recuperación que sea mayor que la cantidad que usted dedujo en el año anterior. Need to file 2011 tax return La cantidad que se incluye en los ingresos se limita a la menor de las siguientes cantidades: La cantidad deducida en el Anexo A del Formulario 1040 o La cantidad recuperada. Need to file 2011 tax return Ejemplo. Need to file 2011 tax return En el año 2012, usted pagó $1,700 en gastos médicos. Need to file 2011 tax return De dicha cantidad, restó $1,500, o sea, el 7. Need to file 2011 tax return 5% de sus ingresos brutos ajustados. Need to file 2011 tax return Reclamó una deducción de $200 por gastos médicos. Need to file 2011 tax return En 2013, recibió un reembolso de $500 de su seguro médico por sus gastos del año 2012. Need to file 2011 tax return La única parte del reembolso de $500 que se tiene que incluir en los ingresos correspondientes al año 2013 es $200, o sea, la cantidad que fue deducida. Need to file 2011 tax return Otras recuperaciones. Need to file 2011 tax return   Consulte Recoveries (Recuperaciones) en la Publicación 525, en inglés, si: Tiene recuperaciones de partidas que no sean deducciones detalladas o Recibió recuperación de una partida por la cual reclamó un crédito tributario (que no sea el crédito por inversiones ni el crédito por impuestos extranjeros) en un año anterior. Need to file 2011 tax return Alquileres de Bienes Muebles Si alquila bienes muebles, como equipos o vehículos, la forma en que usted declara sus ingresos y gastos, en la mayoría de los casos, se determina conforme a lo siguiente: Si la actividad de alquiler es un negocio o no y Si la actividad de alquiler se realiza con o sin fines de lucro. Need to file 2011 tax return En la mayoría de los casos, si su propósito principal es obtener ingresos o ganancias y usted participa en forma continua y regular en la actividad de alquiler, la actividad de alquiler es un negocio. Need to file 2011 tax return Consulte la Publicación 535, Business Expenses (Gastos de negocio), en inglés, para obtener detalles sobre la deducción de gastos por actividades comerciales y actividades sin fines de lucro. Need to file 2011 tax return Cómo declarar ingresos y gastos de negocio. Need to file 2011 tax return    Si se dedica al negocio de alquilar bienes muebles, declare sus ingresos y gastos en el Anexo C o en el Anexo C-EZ (Formulario 1040). Need to file 2011 tax return Las instrucciones del formulario contienen información sobre cómo completarlos. Need to file 2011 tax return Cómo declarar ingresos no comerciales. Need to file 2011 tax return   Si no se dedica al negocio de alquilar bienes muebles, declare los ingresos de alquiler en la línea 21 del Formulario 1040. Need to file 2011 tax return Indique el tipo y la cantidad del ingreso en la línea de puntos junto a la línea 21. Need to file 2011 tax return Cómo declarar gastos no comerciales. Need to file 2011 tax return   Si alquila bienes muebles para obtener ganancias, incluya sus gastos de alquiler en la cantidad total que se anota en la línea 36 del Formulario 1040. Need to file 2011 tax return También anote la cantidad y las letras “PPR” en la línea de puntos junto a la línea 36. Need to file 2011 tax return   Si no alquila bienes muebles para obtener ganancias, las deducciones son limitadas y no puede declarar una pérdida para compensar otro ingreso. Need to file 2011 tax return Consulte Actividad sin fines de lucro , más adelante, bajo Otros Ingresos . Need to file 2011 tax return Reintegros Si tuvo que reintegrar una cantidad incluida en sus ingresos de un año anterior, tal vez pueda deducir la cantidad reintegrada de los ingresos del año en que la reintegró. Need to file 2011 tax return O bien, si la cantidad que reintegró es superior a $3,000, tal vez pueda reclamar un crédito contra su impuesto para el año en que la reintegró. Need to file 2011 tax return Por lo general, puede reclamar una deducción o un crédito sólo si el reintegro reúne los requisitos como gasto o pérdida en los que ha incurrido en su ocupación o negocio o en una transacción con fines de lucro. Need to file 2011 tax return Tipo de deducción. Need to file 2011 tax return   El tipo de deducción que le es permitido en el año del reintegro depende del tipo de ingreso que haya incluido en el año anterior. Need to file 2011 tax return Normalmente, deduce el reintegro en el mismo formulario o anexo en que lo declaró previamente como ingreso. Need to file 2011 tax return Por ejemplo, si lo declaró como ingreso del trabajo por cuenta propia, dedúzcalo como gastos de negocio en el Anexo C, en el Anexo C-EZ (Formulario 1040) o en el Anexo F (Formulario 1040). Need to file 2011 tax return Si lo declaró como ganancias de capital, dedúzcalo como pérdida de capital según se explica en las Instrucciones del Anexo D (Formulario 1040). Need to file 2011 tax return Si lo declaró como salarios, compensación por desempleo u otros ingresos no comerciales, dedúzcalo como deducción detallada miscelánea en el Anexo A (Formulario 1040). Need to file 2011 tax return Beneficios del Seguro Social reintegrados. Need to file 2011 tax return   Si reintegró beneficios del Seguro Social o beneficios equivalentes de la jubilación ferroviaria, vea Reintegro de beneficios en el capítulo 11. Need to file 2011 tax return Reintegro de $3,000 o menos. Need to file 2011 tax return   Si la cantidad que reintegró fue $3,000 o menos, dedúzcala de sus ingresos en el año en que la reintegró. Need to file 2011 tax return Si la tiene que deducir como deducción detallada miscelánea, anótela en la línea 23 del Anexo A (Formulario 1040). Need to file 2011 tax return Reintegro superior a $3,000. Need to file 2011 tax return   Si la cantidad que reintegró fue superior a $3,000, puede deducir el reintegro (como se explica bajo Tipo de deducción , anteriormente). Need to file 2011 tax return Sin embargo, a cambio de esto puede reclamar un crédito tributario para el año de reembolso si incluyó el ingreso conforme a una reclamación de derecho. Need to file 2011 tax return Esto significa que en el momento en que incluyó el ingreso, parecía que tenía un derecho sin restricción a éste. Need to file 2011 tax return Si reúne los requisitos para esta opción, calcule el impuesto bajo ambos métodos y compare los resultados. Need to file 2011 tax return Use el método (deducción o crédito) que genere menos impuesto. Need to file 2011 tax return Cuando determine si la cantidad que reintegró fue mayor que o menos de $3,000, considere el monto total que reintegra en la declaración. Need to file 2011 tax return Cada instancia de reintegro no se considera por separado. Need to file 2011 tax return Método 1. Need to file 2011 tax return   Calcule su impuesto para el año 2013 declarando una deducción por la cantidad reintegrada. Need to file 2011 tax return Si la tiene que deducir como deducción detallada miscelánea, anótela en la línea 28 del Anexo A (Formulario 1040). Need to file 2011 tax return Método 2. Need to file 2011 tax return   Calcule su impuesto para el año 2013 reclamando un crédito por la cantidad reintegrada. Need to file 2011 tax return Siga estos pasos: Calcule su impuesto para el año 2013 sin deducir la cantidad reintegrada. Need to file 2011 tax return Vuelva a calcular su impuesto del año anterior sin incluir en el ingreso la cantidad que reintegró en el año 2013. Need to file 2011 tax return Reste el impuesto en el punto (2) del impuesto que aparece en su declaración para el año anterior. Need to file 2011 tax return Éste es el crédito. Need to file 2011 tax return Reste el resultado en el punto (3) del impuesto para el año 2013 calculado sin la deducción (el paso 1). Need to file 2011 tax return   Si el método 1 genera menos impuesto, deduzca la cantidad reintegrada. Need to file 2011 tax return Si el método 2 genera menos impuesto, reclame el crédito calculado en el punto (3) anteriormente, en la línea 71 del Formulario 1040, sumando la cantidad del crédito al monto de todo crédito que aparezca en esta línea y anote “I. Need to file 2011 tax return R. Need to file 2011 tax return C. Need to file 2011 tax return 1341” (sección 1341 del Código de Impuestos Internos) en la columna a la derecha junto a la línea 71. Need to file 2011 tax return   Un ejemplo de este cálculo se puede encontrar en la Publicación 525, en inglés. Need to file 2011 tax return Salarios reintegrados sujetos a los impuestos del Seguro Social y del Medicare. Need to file 2011 tax return   Si usted tuvo que reintegrar una cantidad que incluyó en sus salarios o remuneración en un año anterior sobre los cuales pagó impuestos del Seguro Social, Medicare o impuestos conforme a la Ley Tributaria de Jubilación de Empleados Ferroviarios (RRTA, por sus siglas en inglés) del nivel 1, pídale a su empleador que le reembolse la cantidad pagada en exceso a usted. Need to file 2011 tax return Si el empleador se niega a reembolsarle los impuestos, pídale un documento escrito en donde se muestre la cantidad recaudada en exceso. Need to file 2011 tax return Esto le servirá como documento de apoyo para su reclamación. Need to file 2011 tax return Presente una reclamación para reembolso utilizando el Formulario 843, Claim for Refund and Request for Abatement (Reclamación para reembolso y reducción de impuestos), en inglés. Need to file 2011 tax return Salarios reintegrados sujetos al Impuesto Adicional del Medicare. Need to file 2011 tax return   Los empleadores no pueden realizar ajustes ni presentar reclamaciones para reembolsos de la retención del Impuesto Adicional del Medicare cuando hay un reintegro de salarios recibidos por un empleado en un año anterior debido a que el empleado determina su responsabilidad del Impuesto Adicional del Medicare basándose en la declaración de impuestos sobre los ingresos del año anterior de él o ella. Need to file 2011 tax return Si usted tuvo que reintegrar una cantidad que incluyó en sus salarios o remuneración en un año anterior y sobre los cuales pagó el Impuesto Adicional del Medicare, quizás pueda recuperar dicho Impuesto Adicional del Medicare que pagó sobre esa cantidad. Need to file 2011 tax return Para recuperar el Impuesto Adicional del Medicare sobre los salarios o remuneración reintegrados, tiene que presentar el Formulario 1040X, Amended U. Need to file 2011 tax return S. Need to file 2011 tax return Individual Income Tax Return (Declaración enmendada del impuesto federal estadounidense sobre el ingreso personal), en inglés, para el año anterior en el cual los salarios o remuneración fueron recibidos originalmente. Need to file 2011 tax return Vea las Instrucciones para el Formulario 1040X, disponibles en inglés. Need to file 2011 tax return Regalías Las regalías de derechos de autor, patentes y de propiedades de petróleo, gas y minerales están sujetas a impuestos como ingreso ordinario. Need to file 2011 tax return En la mayoría de los casos, usted declara las regalías en la Parte I del Anexo E (Formulario 1040). Need to file 2011 tax return Sin embargo, si tiene intereses operativos petrolíferos, de gas o minerales o si su ocupación es escritor, inventor, artista, etc. Need to file 2011 tax return , por cuenta propia, declare los ingresos y gastos en el Anexo C o en el Anexo C-EZ (Formulario 1040). Need to file 2011 tax return Derechos de autor y patentes. Need to file 2011 tax return   Las regalías provenientes de derechos de autor sobre obras literarias, musicales o artísticas y propiedades similares, o de patentes sobre inventos, son cantidades que recibe por el derecho de usar su obra durante un período determinado. Need to file 2011 tax return Las regalías generalmente se basan en la cantidad de unidades vendidas, por ejemplo, la cantidad de libros, boletos para un espectáculo o equipos vendidos. Need to file 2011 tax return Propiedades de petróleo, gas y minerales. Need to file 2011 tax return   Los ingresos por regalías de propiedades de petróleo, gas o minerales son la cantidad que recibe cuando se extraen recursos naturales de su propiedad. Need to file 2011 tax return Las regalías se basan en unidades, como barriles, toneladas, etc. Need to file 2011 tax return , y las recibe de una persona o compañía que le alquila la propiedad. Need to file 2011 tax return Agotamiento. Need to file 2011 tax return   Si posee participación económica en yacimientos minerales o en pozos de petróleo o de gas, puede recuperar su inversión a través del descuento por agotamiento. Need to file 2011 tax return Para obtener más información sobre este tema, consulte el capítulo 9 de la Publicación 535, en inglés. Need to file 2011 tax return Carbón y mineral de hierro. Need to file 2011 tax return   En ciertas circunstancias, puede tratar las cantidades que recibe de la enajenación de carbón y mineral de hierro como pagos de la venta de un bien de capital, en lugar de ingresos por regalías. Need to file 2011 tax return Para obtener más información sobre pérdidas o ganancias provenientes de la venta de carbón y mineral de hierro, consulte la Publicación 544, en inglés. Need to file 2011 tax return Venta de participación de bienes. Need to file 2011 tax return   Si vende su participación entera en derechos de petróleo, gas o minerales, la cantidad que reciba se considera pago de la venta de bienes utilizados en una ocupación o negocio conforme a la sección 1231 y no ingresos por regalías. Need to file 2011 tax return En ciertas circunstancias, la venta está sujeta a un trato de pérdidas o ganancias de capital según se explica en las Instrucciones del Anexo D (Formulario 1040). Need to file 2011 tax return Para obtener más información sobre las ventas de bienes conforme a la sección 1231, consulte el capítulo 3 de la Publicación 544, en inglés. Need to file 2011 tax return   Si retiene una regalía, una regalía predominante o una participación de utilidad neta en una propiedad mineral durante la vida útil de dicha propiedad, significa que ha alquilado o subalquilado la propiedad y todo el dinero en efectivo que reciba por la asignación de otras participaciones en la propiedad se considera ingreso ordinario sujeto a descuento por agotamiento. Need to file 2011 tax return Parte de una futura producción vendida. Need to file 2011 tax return   Si es propietario de una propiedad mineral, pero vende una parte de la producción futura, en la mayoría de los casos, se trata el dinero que recibe del comprador al momento de la venta como préstamo del comprador. Need to file 2011 tax return No lo incluya en su ingreso ni declare un agotamiento basado en el mismo. Need to file 2011 tax return   Cuando se inicie la producción, incluya en su ingreso todos los pagos, deduzca todos los gastos de producción y deduzca el agotamiento de esa cantidad para obtener su ingreso sujeto a impuestos proveniente de la propiedad. Need to file 2011 tax return Beneficios por Desempleo El tratamiento tributario de los beneficios por desempleo recibidos depende del tipo de programa que pague dichos beneficios. Need to file 2011 tax return Compensación por desempleo. Need to file 2011 tax return    Tiene que incluir en sus ingresos toda compensación por desempleo que haya recibido. Need to file 2011 tax return Debe recibir un Formulario 1099-G. Need to file 2011 tax return En el recuadro 1 de dicho formulario, debe aparecer la cantidad total de compensación por desempleo que se le pagó. Need to file 2011 tax return En la mayoría de los casos, la compensación por desempleo se anota en la línea 19 del Formulario 1040, la línea 13 del Formulario 1040A o la línea 3 del Formulario 1040EZ. Need to file 2011 tax return Tipos de compensación por desempleo. Need to file 2011 tax return   La compensación por desempleo generalmente incluye todas las cantidades recibidas según una ley de compensación por desempleo de los Estados Unidos o de un estado. Need to file 2011 tax return Ésta incluye los siguientes beneficios: Beneficios pagados por un estado o el Distrito de Columbia provenientes del Fondo Fiduciario Federal para el Desempleo. Need to file 2011 tax return Beneficios del seguro estatal por desempleo. Need to file 2011 tax return Beneficios de compensación por desempleo para empleados ferroviarios. Need to file 2011 tax return Pagos por incapacidad de un programa gubernamental en sustitución de la compensación por desempleo. Need to file 2011 tax return (Las cantidades recibidas como compensación del seguro obrero por lesiones o enfermedad no se consideran compensación por desempleo. Need to file 2011 tax return Consulte el capítulo 5 para obtener más información). Need to file 2011 tax return Asignaciones por reajuste comercial según la Trade Act of 1974 (Ley de Comercio de 1974). Need to file 2011 tax return Ayuda para el desempleo según la Robert T. Need to file 2011 tax return Stafford Disaster Relief and Emergency Assistance Act (Ley Robert T. Need to file 2011 tax return Stafford de Alivio en Caso de Desastres y Ayuda en Emergencias). Need to file 2011 tax return Ayuda para el desempleo según el Airline Deregulation Act of 1974 Program (Programa de la Ley de Desregulación de las Aerolíneas de 1974). Need to file 2011 tax return Programa gubernamental. Need to file 2011 tax return   Si aporta a un programa gubernamental de compensación por desempleo y sus aportes no se pueden deducir, las cantidades que reciba bajo el programa no se incluyen como compensación por desempleo hasta que recupere esos aportes. Need to file 2011 tax return Si dedujo todos los aportes hechos al programa, la totalidad de la cantidad recibida bajo el programa se incluye en los ingresos. Need to file 2011 tax return Reintegro de compensación por desempleo. Need to file 2011 tax return   Si en el año 2013 reintegró la compensación por desempleo que recibió en el año 2013, reste la cantidad que reintegró de la cantidad total que recibió y anote la diferencia en la línea 19 del Formulario 1040, la línea 13 del Formulario 1040A o la línea 3 del Formulario 1040EZ. Need to file 2011 tax return En la línea de puntos junto a su anotación, escriba “Repaid” (Reintegrado) y la cantidad que reintegró. Need to file 2011 tax return Si reintegró en el año 2013 la compensación por desempleo que incluyó en ingreso en un año anterior, puede deducir la cantidad reintegrada en la línea 23 del Anexo A (Formulario 1040) si detalla deducciones. Need to file 2011 tax return Si la cantidad es mayor que $3,000, consulte Reintegros , anteriormente. Need to file 2011 tax return Retención de impuestos. Need to file 2011 tax return   Puede optar por que le retengan el impuesto federal sobre el ingreso de su compensación por desempleo. Need to file 2011 tax return Para optar por esta opción, complete el Formulario W-4V, Voluntary Withholding Request (Solicitud de retención voluntaria), y entréguelo a la oficina pagadora. Need to file 2011 tax return Se le retendrá un impuesto del 10% del pago. Need to file 2011 tax return    Si opta por que no le retengan impuesto de su compensación por desempleo, es posible que sea responsable de pagar impuesto estimado. Need to file 2011 tax return Si no paga suficientes impuestos mediante la retención o pagos de impuesto estimado, o ambos, puede estar sujeto a una multa. Need to file 2011 tax return Para más información sobre el impuesto estimado, consulte el capítulo 4 . Need to file 2011 tax return Beneficios suplementarios de desempleo. Need to file 2011 tax return   Los beneficios recibidos de un fondo financiado por el empleador (al que los empleados no aportaron) no se consideran compensación por desempleo. Need to file 2011 tax return Éstos están sujetos a impuestos como salario y están sujetos a la retención del impuesto sobre el ingreso. Need to file 2011 tax return Es posible que estén sujetos a los impuestos del Seguro Social y Medicare. Need to file 2011 tax return Para obtener más información, consulte Supplemental Unemployment Benefits (Beneficios suplementarios de desempleo) en la sección 5 de la Publicación 15-A, Employer's Supplemental Tax Guide (Guía tributaria suplementaria para empleadores), en inglés. Need to file 2011 tax return Declare estos pagos en la línea 7 del Formulario 1040 o del Formulario 1040A, o en la línea 1 del Formulario 1040EZ. Need to file 2011 tax return Reintegro de beneficios. Need to file 2011 tax return   Tal vez tenga que reintegrar algunos de sus beneficios suplementarios de desempleo para tener derecho a descuentos de reajustes comerciales según la Ley de Comercio de 1974. Need to file 2011 tax return Si reintegra dichos beneficios durante el mismo año en el cual los recibe, reste del total de los beneficios la cantidad del reintegro. Need to file 2011 tax return Si reintegra los beneficios en un año posterior, tiene que incluir en su ingreso la cantidad total de los beneficios recibidos en ese año. Need to file 2011 tax return   Deduzca el reintegro en el año posterior como ajuste al ingreso bruto en el Formulario 1040. Need to file 2011 tax return (No puede usar el Formulario 1040A ni el Formulario 1040EZ). Need to file 2011 tax return Incluya el reintegro en la línea 36 del Formulario 1040 y anote “ Sub-Pay TRA ” (TRA de Subpago) y la cantidad en la línea de puntos junto a la línea 36. Need to file 2011 tax return Si la cantidad que reintegra en un año posterior es más de $3,000, tal vez pueda reclamar un crédito para su impuesto del año posterior, en lugar de deducir la cantidad reintegrada. Need to file 2011 tax return Para detalles consulte la sección Reintegros , anteriormente. Need to file 2011 tax return Fondo privado de desempleo. Need to file 2011 tax return   Los pagos de beneficios por desempleo de un fondo privado (no sindical) al que aporta de manera voluntaria están sujetos a impuestos sólo si las cantidades que recibe son mayores a los pagos totales que realiza al fondo. Need to file 2011 tax return Declare la cantidad sujeta a impuestos en la línea 21 del Formulario 1040. Need to file 2011 tax return Pagos por un sindicato. Need to file 2011 tax return   Los beneficios que recibe como miembro desempleado de un sindicato provenientes de cuotas sindicales regulares se incluyen en su ingreso en la línea 21 del Formulario 1040. Need to file 2011 tax return No obstante, si aporta a un fondo sindical especial y sus pagos al fondo no son deducibles, los beneficios por desempleo que usted reciba del fondo se pueden incluir en su ingreso solamente en la medida en que sean mayores que sus aportes. Need to file 2011 tax return Salario anual garantizado. Need to file 2011 tax return   Los pagos que reciba de su empleador durante períodos de desempleo, conforme a un acuerdo sindical que le garantice el pago completo durante el año, están sujetos a impuestos como salario. Need to file 2011 tax return Inclúyalos en la línea 7 del Formulario 1040 o del Formulario 1040A, o en la línea 1 del Formulario 1040EZ. Need to file 2011 tax return Empleados estatales. Need to file 2011 tax return   El estado puede efectuar pagos similares a la compensación por desempleo del estado a sus empleados que no estén cubiertos por la ley de compensación por desempleo de dicho estado. Need to file 2011 tax return Aunque los pagos están sujetos a impuestos en su totalidad, no los declare como compensación por desempleo. Need to file 2011 tax return Declare estos pagos en la línea 21 del Formulario 1040. Need to file 2011 tax return Beneficios del Bienestar Social y Otros Beneficios de Asistencia Pública No incluya en su ingreso beneficios pagados por el gobierno de un fondo público de bienestar social basados en necesidad, tales como pagos efectuados a una persona ciega conforme a una ley estatal de asistencia pública. Need to file 2011 tax return Los pagos de un fondo estatal para víctimas de delitos no se deben incluir en los ingresos de las víctimas si se efectúan por bienestar social. Need to file 2011 tax return No deduzca gastos médicos que se reembolsen a través de ese tipo de fondo. Need to file 2011 tax return En sus ingresos tiene que incluir todos los pagos de bienestar social que sean por compensación por servicios o que se obtengan de manera fraudulenta. Need to file 2011 tax return Pagos de ayuda para el reempleo de personas que se ven afectadas por ajustes comerciales. Need to file 2011 tax return   Los pagos de ayuda para el reempleo de personas que se ven afectadas por ajustes comerciales (RTAA, por sus siglas en ingles) que usted recibió de una agencia estatal tienen que incluirse en sus ingresos. Need to file 2011 tax return El estado tiene que enviarle el Formulario 1099-G para informarle de qué cantidad debe incluir como ingreso. Need to file 2011 tax return Dicha cantidad se debe anotar en la línea 21 del Formulario 1040. Need to file 2011 tax return Personas incapacitadas. Need to file 2011 tax return   Si tiene una incapacidad, tiene que incluir en su ingreso la compensación recibida a cambio de los servicios que haya prestado, a menos que la compensación se excluya de otro modo. Need to file 2011 tax return Sin embargo, no incluya en su ingreso el valor de bienes, servicios y dinero en efectivo que reciba, no por sus servicios, sino por su capacitación y rehabilitación porque tiene una incapacidad. Need to file 2011 tax return Las cantidades excluibles incluyen pagos por transporte y cuidado proporcionado por un asistente, como los servicios de un intérprete para sordos, servicios de un lector para ciegos y para ayudar a personas con discapacidad intelectual a hacer su trabajo. Need to file 2011 tax return Subvenciones de asistencia en caso de desastre. Need to file 2011 tax return    No incluya en su ingreso las subvenciones recibidas después de un desastre conforme a la Robert T. Need to file 2011 tax return Stafford Disaster Relief and Emergency Assistance Act (Ley Robert T. Need to file 2011 tax return Stafford de Alivio en Caso de Desastres y Ayuda en Emergencias) si los pagos de subvenciones se realizaron para ayudarlo a satisfacer gastos necesarios o necesidades urgentes como gastos médicos, dentales, de vivienda, de bienes muebles, de transporte, cuidado de menores o funerarios. Need to file 2011 tax return No deduzca gastos por pérdidas fortuitas ni gastos médicos que sean específicamente reembolsados por estas subvenciones como ayuda por desastres. Need to file 2011 tax return Si ha deducido una pérdida por hecho fortuito por la pérdida de su residencia personal y recibe posteriormente una subvención de ayuda por desastres por la pérdida de dicha residencia, es posible que tenga que incluir la totalidad o parte de la subvención en los ingresos sujetos a impuestos. Need to file 2011 tax return Vea Recuperación de Fondos , anteriormente. Need to file 2011 tax return Los pagos de asistencia por desempleo conforme a la Ley se consideran compensación por desempleo sujeta a impuestos. Need to file 2011 tax return Consulte Compensación por desempleo , anteriormente, bajo Beneficios por Desempleo . Need to file 2011 tax return Pagos de asistencia en caso de desastres. Need to file 2011 tax return   Puede excluir de su ingreso toda cantidad que reciba en forma de pago calificado de asistencia en caso de desastres. Need to file 2011 tax return Un pago calificado de asistencia en caso de desastres es una cantidad que recibe: Para reembolsar o pagar gastos personales, familiares, de vivienda o funerarios razonables y necesarios ocasionados por un desastre calificado; Para reembolsar o pagar gastos razonables y necesarios en los que haya incurrido por la reparación o rehabilitación de su vivienda o la reparación o reemplazo de su contenido, siempre que esto se deba a un desastre calificado; De una persona encargada del suministro o venta de transporte como transportista habitual, debido a la muerte o lesiones corporales ocurridas como resultado de un desastre calificado o De un gobierno, agencia u organismo federal, estatal o local con respecto a un desastre calificado con el propósito de promover el bienestar social general. Need to file 2011 tax return Sólo puede excluir esta cantidad siempre que los gastos que ésta cubre no los pague un seguro u otro medio. Need to file 2011 tax return La exclusión no es aplicable si fue participante o conspirador en una acción terrorista o representante de un participante o conspirador. Need to file 2011 tax return   Un desastre calificado es: Un desastre originado por una acción terrorista o militar; Una zona de desastre declarada como tal por el gobierno federal o Un desastre originado por un accidente que involucra a un transportista común, u originado por otro hecho, que el Secretario del Tesoro o su delegado declara como catástrofe. Need to file 2011 tax return   Para las cantidades pagadas bajo el punto (4), un desastre que reúne los requisitos si una autoridad federal, estatal o local determina que dicho desastre justifica la asistencia por parte de un gobierno, agencia u organismo federal, estatal o local. Need to file 2011 tax return Pagos para la mitigación de desastres. Need to file 2011 tax return   También puede excluir de su ingreso todo monto que reciba por concepto de pago calificado de mitigación de desastres. Need to file 2011 tax return Los pagos calificados para la mitigación de desastres también se pagan en su mayoría durante el período inmediatamente después de los daños a la propiedad debidos a un desastre natural. Need to file 2011 tax return Sin embargo, los pagos de mitigación de desastres se utilizan para mitigar (reducir la seriedad de) daños potenciales de futuros desastres naturales. Need to file 2011 tax return Le son pagados a través de gobiernos estatales y locales conforme a las disposiciones de la Robert T. Need to file 2011 tax return Stafford Disaster Relief and Emergency Assistance Act (Ley Robert T. Need to file 2011 tax return Stafford de Alivio en Caso de Desastres y Ayuda en Emergencias) o la National Flood Insurance Act (Ley Nacional de Seguro contra Inundaciones). Need to file 2011 tax return   Usted no puede aumentar la base original ni la base ajustada de su propiedad debido a mejoras hechas con pagos para la mitigación de desastres no sujetos a impuestos. Need to file 2011 tax return Programa de modificación de préstamos hipotecarios (HAMP). Need to file 2011 tax return   Si recibe pagos de Pay-for-Performance Success Payments (Pago de incentivo a condición de que el prestatario efectúe puntualmente los pagos mensuales de una hipoteca) conforme al Home Affordable Modification Program (Programa de modificación asequible de hipotecas residenciales o HAMP, por sus siglas en inglés), dichos pagos no están sujetos a impuestos. Need to file 2011 tax return Pagos de asistencia hipotecaria conforme a la sección 235 de la Ley Nacional de Vivienda. Need to file 2011 tax return   Los pagos realizados conforme a la sección 235 de la National Housing Act (Ley Nacional de Vivienda) para asistencia hipotecaria no se incluyen en los ingresos del propietario. Need to file 2011 tax return Los intereses pagados por el propietario bajo el programa de asistencia hipotecaria no se pueden deducir. Need to file 2011 tax return Medicare. Need to file 2011 tax return   Los beneficios del seguro Medicare recibidos conforme al Título XVIII de la Ley del Seguro Social no se incluyen en el ingreso bruto de los individuos por los cuales se pagan. Need to file 2011 tax return Esto incluye beneficios básicos (parte A (Beneficios del Seguro Hospitalario para Ancianos)) y suplementarios (parte B (Beneficios Suplementarios del Seguro Médico para Ancianos)). Need to file 2011 tax return Beneficios del seguro por vejez, sobrevivientes e incapacidad (OASDI). Need to file 2011 tax return   Por lo general, los pagos del seguro por vejez, sobrevivientes e incapacidad (OASDI, por sus siglas en inglés), conforme a la sección 202 del Título II de la Ley del Seguro Social no se incluyen en el ingreso bruto de los individuos que reciben el pago. Need to file 2011 tax return Esto corresponde a los beneficios de seguros por vejez y beneficios de seguros para cónyuges, hijos, viudos, madres y padres, además del pago en suma global por fallecimiento. Need to file 2011 tax return Programa de Nutrición para Ancianos. Need to file 2011 tax return    Los beneficios de alimentos que usted recibe bajo el Programa de Nutrición para Ancianos no están sujetos a impuestos. Need to file 2011 tax return Si prepara y sirve comidas gratuitas para el programa, incluya en sus ingresos como salario el pago en efectivo que recibe, aun si también reúne los requisitos para recibir beneficios para alimentos. Need to file 2011 tax return Pagos para la reducción del costo de energía en invierno. Need to file 2011 tax return   Los pagos efectuados por un estado a personas calificadas para reducir el costo del uso de energía en invierno no están sujetos a impuestos. Need to file 2011 tax return Otros Ingresos A continuación aparecen otros temas breves. Need to file 2011 tax return Estos temas, sobre otros ingresos, están referidos en publicaciones que provee