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State Franchise Tax Forms

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State Franchise Tax Forms

State franchise tax forms 24. State franchise tax forms   Donaciones Table of Contents Introduction Useful Items - You may want to see: Organizaciones que Reúnen los Requisitos para Recibir Donaciones DeduciblesTipos de Organizaciones Calificadas Donaciones que Puede DeducirDonaciones de las Cuales Usted se Beneficia Gastos Pagados a Nombre de un Estudiante que Vive con Usted Gastos de Bolsillo al Prestar Servicios Donaciones que no Puede DeducirDonaciones Hechas a Personas Físicas Donaciones Hechas a Organizaciones no Calificadas Donaciones de las Cuales Usted se Beneficia Valor de Tiempo o Servicios Gastos Personales Cargos de Tasación Donaciones de BienesExcepción. State franchise tax forms Artículos domésticos. State franchise tax forms Deducción de más de $500. State franchise tax forms Formulario 1098-C. State franchise tax forms Se acerca el plazo para la presentación de la declaración y aún no tiene el Formulario 1098-C. State franchise tax forms Excepción 1: vehículo usado o mejorado por la organización. State franchise tax forms Excepción 2: vehículo donado o vendido a una persona necesitada. State franchise tax forms Deducción de $500 o menos. State franchise tax forms Derecho al uso de los bienes. State franchise tax forms Bienes muebles tangibles. State franchise tax forms Intereses futuros. State franchise tax forms Determinación del Valor Justo de Mercado Donación de Bienes Cuyo Valor ha Disminuido Donación de Bienes Cuyo Valor ha Aumentado Cuándo Puede Deducir sus DonacionesCheques. State franchise tax forms Mensaje de texto. State franchise tax forms Tarjeta de crédito. State franchise tax forms Pago telefónico. State franchise tax forms Título de acciones. State franchise tax forms Pagaré. State franchise tax forms Opción. State franchise tax forms Fondos de un préstamo. State franchise tax forms Límites sobre DeduccionesCantidades Trasladadas al Año Siguiente Documentación que se Debe MantenerDonaciones en Efectivo Donaciones que no Sean en Efectivo Gastos de Bolsillo Cómo Declarar las Donaciones Caritativas Introduction Este capítulo explica cómo reclamar una deducción por sus donaciones caritativas. State franchise tax forms Trata los siguientes temas: Tipos de organizaciones a las cuales puede hacer donaciones caritativas deducibles. State franchise tax forms Tipos de donaciones que puede deducir. State franchise tax forms Cuánto puede deducir. State franchise tax forms Qué documentos se deben mantener. State franchise tax forms Cómo declarar sus donaciones caritativas. State franchise tax forms Una donación caritativa es un regalo o donación a una organización calificada para el uso de la misma. State franchise tax forms Es voluntaria y se hace sin recibir, o esperar recibir, nada de igual valor a cambio. State franchise tax forms Requisito de presentación del Formulario 1040. State franchise tax forms    Para deducir una donación caritativa, usted tiene que presentar el Formulario 1040 y detallar sus deducciones en el Anexo A. State franchise tax forms La cantidad de su deducción podría ser limitada si ciertas reglas y límites explicados en este capítulo le corresponden. State franchise tax forms Los límites se explican con detalle en la Publicación 526, en inglés. State franchise tax forms Useful Items - You may want to see: Publicación 526 Charitable Contributions (Donaciones caritativas), en inglés 561 Determining the Value of Donated Property (Cómo determinar el valor de bienes donados), en inglés Formulario (e Instrucciones) Anexo A (Formulario 1040) Itemized Deductions (Deducciones detalladas), en inglés 8283 Noncash Charitable Contributions (Donaciones caritativas que no sean en efectivo), en inglés Organizaciones que Reúnen los Requisitos para Recibir Donaciones Deducibles Puede deducir sus donaciones sólo si las hace a una organización calificada. State franchise tax forms La mayoría de las organizaciones que no sean iglesias y gobiernos tienen que hacer la solicitud correspondiente al IRS para convertirse en una organización calificada. State franchise tax forms Cómo saber si una organización reúne los requisitos para recibir donaciones caritativas deducibles. State franchise tax forms    Se puede preguntar a cualquier organización si es una organización calificada, y la mayoría podrá decírselo. State franchise tax forms También podría visitar IRS. State franchise tax forms gov y pulsar en “Tools” (Herramientas) y luego en Exempt Organizations Select check (Búsqueda y comprobación de Organizaciones Exentas), en www. State franchise tax forms irs. State franchise tax forms gov/Charities-&-Non-Profits/Exempt-Organizations-Select-Check. State franchise tax forms Esta herramienta electrónica le permite buscar cuáles organizaciones pueden recibir donaciones caritativas deducibles. State franchise tax forms   Usted también puede llamar al IRS para saber si una organización reúne los requisitos para recibir dichas donaciones, al 1-877-829-5500. State franchise tax forms Personas que son sordas, o tienen impedimentos auditivos o de habla, y que tienen acceso al equipo TTY/TDD pueden llamar al 1-800-829-4059. State franchise tax forms Las personas sordas y con impedimentos auditivos también pueden acceder al IRS por medio de servicios de retransmisión, tales como el Federal Relay Service (Servicio de retransmisión federal) en www. State franchise tax forms gsa. State franchise tax forms gov/fedrelay. State franchise tax forms Tipos de Organizaciones Calificadas Generalmente, sólo los tipos de organizaciones siguientes pueden ser organizaciones calificadas: Un fondo para beneficencia social, sociedad anónima, fideicomiso, fondo o fundación, establecido u organizado bajo las leyes de los Estados Unidos, de cualquier estado, del Distrito de Columbia o de cualquier posesión de los Estados Unidos (incluyendo Puerto Rico). State franchise tax forms Sin embargo, tiene que estar organizado y administrado sólo con fines caritativos, religiosos, científicos, literarios, educativos o para la prevención de crueldad hacia niños o animales. State franchise tax forms Ciertas organizaciones que promuevan competencias nacionales o internacionales de deportes para jugadores no profesionales también reúnen los requisitos. State franchise tax forms Organizaciones de veteranos de guerra, incluyendo puestos, grupos auxiliares, fideicomisos o fundaciones organizados en los Estados Unidos o cualquiera de sus posesiones (incluyendo Puerto Rico). State franchise tax forms Sociedades, órdenes y asociaciones fraternales nacionales que operen bajo el sistema de logias. State franchise tax forms (La donación que haga a este tipo de organización es deducible sólo si se va a usar exclusivamente para propósitos caritativos, religiosos, científicos, literarios o educativos o para la prevención de crueldad hacia niños o animales). State franchise tax forms Ciertas empresas o sociedades anónimas de cementerios sin fines de lucro. State franchise tax forms (La donación que haga a este tipo de organización no es deducible si se puede usar para el mantenimiento de un espacio particular del cementerio o una cripta de mausoleo). State franchise tax forms Los Estados Unidos o cualquier estado, el Distrito de Columbia, una posesión de los Estados Unidos (incluyendo Puerto Rico), una subdivisión política de un estado o posesión de los Estados Unidos o un gobierno tribal de los indios de los Estados Unidos o cualquiera de sus subdivisiones que lleven a cabo funciones gubernamentales sustanciales. State franchise tax forms (La donación que haga a este tipo de organización es deducible sólo si se va a usar exclusivamente para fines públicos). State franchise tax forms Ejemplos. State franchise tax forms    La siguiente lista da algunos ejemplos de organizaciones calificadas: Iglesias, una convención o asociación de iglesias, templos, sinagogas, mezquitas y otras organizaciones religiosas. State franchise tax forms La mayoría de las organizaciones caritativas sin fines de lucro, tal como la Cruz Roja de los Estados Unidos o el United Way. State franchise tax forms La mayoría de las organizaciones educativas sin fines de lucro, incluidos Boy Scouts of America, Girl Scouts of America, colegios universitarios y museos. State franchise tax forms Esto incluye también guarderías sin fines de lucro que proveen servicios de cuidados de niños al público en general sólo si sería razonable declarar que todos los cuidados se proveen para permitir que los padres y tutores de dichos niños trabajen y ganen ingresos. State franchise tax forms Sin embargo, si su donación sustituye a la matrícula u otros cargos de inscripción, no es deducible como donación caritativa, como se explica más adelante bajo Donaciones que No Puede Deducir . State franchise tax forms Hospitales y organizaciones de investigación médica sin fines de lucro. State franchise tax forms Programas de energía para casos de emergencia ofrecidos por las empresas de servicios públicos, siempre que la empresa sea representante de una organización caritativa que presta ayuda a personas que necesiten energía en caso de emergencia. State franchise tax forms Cuerpos de bomberos voluntarios sin fines de lucro. State franchise tax forms Organizaciones sin fines de lucro que desarrollan y mantienen parques públicos e instalaciones recreativas. State franchise tax forms Organizaciones de defensa civil. State franchise tax forms Ciertas organizaciones caritativas extranjeras. State franchise tax forms    Conforme a los tratados tributarios con Canadá, Israel y México, usted posiblemente pueda deducir sus donaciones a ciertas organizaciones caritativas canadienses, israelís o mexicanas. State franchise tax forms Generalmente, usted debe tener fuentes de ingresos que provienen de ese país para hacerlo. State franchise tax forms Si desea más información sobre la deducción de sus donaciones a organizaciones caritativas canadienses, vea la Publicación 597, Information on the United States–Canada Income Tax Treaty (Información sobre el tratado tributario entre Estados Unidos y Canadá), en inglés. State franchise tax forms Si necesita más información sobre cómo calcular sus donaciones a organizaciones caritativas mexicanas e israelís, vea la Publicación 526, en inglés. State franchise tax forms Donaciones que Puede Deducir Generalmente, puede deducir donaciones de dinero o bienes que usted haga a una organización calificada o que son para el uso de la misma. State franchise tax forms Una donación es “para el uso de” una organización calificada cuando se mantiene en un fideicomiso ejecutable por ley para la organización calificada o conforme a un acuerdo legal semejante. State franchise tax forms Las donaciones tienen que hacerse a una organización calificada sin apartarse para uso de una persona específica. State franchise tax forms Si dona propiedad a una organización calificada, normalmente puede deducir el valor justo de mercado de la propiedad al momento de la donación. State franchise tax forms Vea Donaciones de Bienes , más adelante en este capítulo. State franchise tax forms Su deducción por donaciones caritativas generalmente no puede superar el 50% de su ingreso bruto ajustado (AGI, por sus siglas en inglés), pero en algunos casos podrían corresponder límites del 20% y 30%. State franchise tax forms Vea Límites sobre Deducciones , más adelante. State franchise tax forms Además el total de la deducción por donaciones caritativas y otras deducciones detalladas pueden ser limitadas. State franchise tax forms Vea el capítulo 29. State franchise tax forms En la Tabla 24-1, hay algunos ejemplos de donaciones que puede deducir y otras que no puede deducir. State franchise tax forms Donaciones de las Cuales Usted se Beneficia Si recibe un beneficio por haber hecho una donación a una organización calificada, puede deducir sólo la cantidad de la donación que sea mayor que el valor del beneficio que recibe. State franchise tax forms También, vea Donaciones de las Cuales Usted se Beneficia bajo Donaciones que no Puede Deducir , más adelante. State franchise tax forms Si le paga a una organización calificada más del valor justo de mercado por mercancía, bienes o servicios, la cantidad que exceda del valor del artículo puede considerarse una donación caritativa. State franchise tax forms Para que la cantidad excedente reúna los requisitos, tiene que pagarla con la intención de hacer una donación caritativa. State franchise tax forms Ejemplo 1. State franchise tax forms Usted paga $65 por una entrada a una cena y baile en una iglesia. State franchise tax forms El pago completo de $65 va destinado a la iglesia. State franchise tax forms La entrada a la cena y baile tiene un valor justo de mercado de $25. State franchise tax forms Cuando compra la entrada, sabe que el valor de la misma es menos de lo que usted pagó. State franchise tax forms Para calcular la cantidad de su donación caritativa, reste el valor del beneficio recibido ($25) del total que pagó ($65). State franchise tax forms Puede deducir $40 como una donación hecha a la iglesia. State franchise tax forms Ejemplo 2. State franchise tax forms En una subasta dirigida por una organización caritativa para recaudar fondos, usted paga $600 por una estancia de una semana en una casa en la playa. State franchise tax forms La cantidad que pagó no es mayor que el valor justo de mercado de alquiler. State franchise tax forms Usted no ha hecho una donación caritativa deducible. State franchise tax forms Eventos deportivos. State franchise tax forms   Si hace un pago a una universidad o colegio universitario o en beneficio de los mismos, y, como resultado, recibe los derechos de comprar entradas para un evento deportivo en el estadio de deportes de la universidad o colegio universitario, puede deducir el 80% del pago como una donación caritativa. State franchise tax forms   Si alguna parte de su pago es para entradas (y no le da derecho a comprar las mismas), dicha parte no es deducible. State franchise tax forms Reste el precio de las entradas de su pago. State franchise tax forms Puede deducir el 80% de la cantidad restante como donación caritativa. State franchise tax forms Ejemplo 1. State franchise tax forms Usted paga $300 al año por afiliarse a un programa de becas deportivas de una universidad. State franchise tax forms El único beneficio de la afiliación es tener el derecho de comprar un boleto de temporada, dándole derecho a un asiento en un área especial del estadio para los partidos de fútbol americano de la universidad. State franchise tax forms Puede deducir $240 (el 80% de $300) como donación caritativa. State franchise tax forms Tabla 24-1. State franchise tax forms Ejemplos de Donaciones Caritativas —Verificación Rápida Utilice las siguientes listas para comprobar rápidamente si puede o no deducir una donación. State franchise tax forms Vea el resto de este capítulo para más información, reglas y límites adicionales que podrían ser aplicables. State franchise tax forms Deducibles  como Donaciones Caritativas No Deducibles  como Donaciones Caritativas Dinero o propiedad que done a:  Iglesias, sinagogas, templos, mezquitas y otras organizaciones religiosas Gobiernos federales, estatales y locales, si su donación es exclusivamente para propósitos públicos (por ejemplo, una donación para reducir la deuda pública o mantener un parque público) Hospitales y escuelas sin fines de lucro The Salvation Army (Ejército de Salvación), Cruz Roja de los Estados Unidos, CARE, Goodwill Industries, United Way, Boy Scouts of America, Girl Scouts of America, Boys & Girls Clubs of America, etcétera Grupos de veteranos de guerra  Gastos que pague por un estudiante que viva con usted, patrocinado por una organización calificada  Gastos de bolsillo que tenga al prestar servicios voluntarios a una organización calificada Dinero o propiedad que done a:  Ligas cívicas, clubes sociales o clubes de deportes, sindicatos y cámaras de comercio Organizaciones extranjeras (excepto ciertas caridades canadienses, israelís y mexicanas) Grupos operados con fines de lucro personal Grupos cuyo propósito es presionar para que se hagan cambios a la ley Asociaciones de propietarios de vivienda Personas físicas Grupos políticos o candidatos a cargos públicos  Costo de billetes de rifa, bingo o lotería  Cuotas, cargos o facturas pagados a clubes, logias, órdenes fraternales o grupos similares  Costo de matrícula  Valor de su tiempo o servicios  Valor de sangre donada a un banco de sangre    Ejemplo 2. State franchise tax forms Los hechos son iguales a los del Ejemplo 1 salvo que su pago de $300 incluyó la compra de un boleto de temporada al precio estipulado de $120. State franchise tax forms Tiene que restar el precio normal de un boleto ($120) de su pago de $300. State franchise tax forms El resultado es $180. State franchise tax forms Su donación caritativa es $144 (el 80% de $180). State franchise tax forms Eventos benéficos de caridad. State franchise tax forms   Si le paga a una organización calificada más que el valor justo de mercado por el derecho de asistir a un baile, banquete, espectáculo, evento deportivo u otro evento benéfico, puede deducir sólo la cantidad que supere el valor de los privilegios u otros beneficios que reciba. State franchise tax forms   Si hay un cargo establecido por el evento, dicho cargo es el valor de su beneficio. State franchise tax forms Si no hay ningún cargo establecido, el valor razonable del derecho de asistir al evento se considera el valor de su beneficio. State franchise tax forms El hecho de usar o no usar los boletos de entrada u otros privilegios, no cambia la cantidad que puede deducir. State franchise tax forms Sin embargo, si devuelve el boleto de entrada a la organización calificada para reventa, sí puede deducir la cantidad completa que pagó por el boleto de entrada. State franchise tax forms    Aun si el boleto u otro comprobante de pago indica que el pago es una “donación”, eso no significa que pueda deducir la cantidad completa. State franchise tax forms Si el boleto muestra el precio de entrada y la cantidad de la donación, sí puede deducir la cantidad de dicha donación. State franchise tax forms Ejemplo. State franchise tax forms Usted paga $40 por un boleto para ver una película en beneficio de una organización calificada. State franchise tax forms El boleto tiene impreso “Donación: $40”. State franchise tax forms Si el precio habitual de la película es $8, su donación es $32 (pago de $40 menos el precio habitual de $8). State franchise tax forms Cuota o cargos de afiliación. State franchise tax forms    Es posible que pueda deducir cargos o cuotas de afiliación que le paga a una organización calificada. State franchise tax forms Sin embargo, puede deducir sólo la cantidad que supere el valor de los beneficios que recibió. State franchise tax forms   No puede deducir honorarios, cargos o cuotas pagados a clubes y otras organizaciones sociales. State franchise tax forms Éstas no son organizaciones calificadas. State franchise tax forms Ciertos beneficios de afiliación pueden ignorarse. State franchise tax forms   Tanto usted como la organización pueden ignorar los siguientes beneficios de afiliación si usted los recibe a cambio de un pago anual de $75 o menos. State franchise tax forms Cualquier derecho o privilegio, que no sea aquél tratado bajo Eventos deportivos , anteriormente, que pueda usar frecuentemente mientras sea miembro, tales como: Entrada gratuita o rebajada a las instalaciones o eventos de la organización, Estacionamiento gratuito o rebajado, Acceso privilegiado a bienes o servicios y Descuentos en la compra de bienes o servicios. State franchise tax forms Mientras usted sea miembro, la entrada a eventos a los cuales sólo puedan asistir miembros de la organización, si dicha organización ha estimado adecuadamente que el costo por persona (excluidos todos los gastos generales) no será más de $10. State franchise tax forms 20. State franchise tax forms Artículos simbólicos. State franchise tax forms   Usted no tiene que reducir su donación por el valor de ningún beneficio que reciba si se cumple lo siguiente: Usted sólo recibe un pequeño artículo u otro beneficio de valor simbólico. State franchise tax forms La organización calificada determina correctamente que el valor del artículo o beneficio que recibió no es sustancial y le informa que puede deducir la totalidad de su pago. State franchise tax forms Declaración por escrito. State franchise tax forms   Una organización calificada tiene que darle una declaración por escrito si usted hace un pago a la misma superior a $75, si ésta es en parte una donación y en parte a cambio de bienes o servicios. State franchise tax forms Dicha declaración tiene que decir que puede deducir sólo la cantidad del pago que supere al valor de los bienes o servicios que usted recibió. State franchise tax forms También tiene que darle un cálculo aproximado de buena fe del valor de esos bienes o servicios. State franchise tax forms   La organización le puede dar la declaración escrita cuando la solicite o cuando reciba el pago de usted. State franchise tax forms Excepción. State franchise tax forms   Una organización no tendrá que darle esta declaración escrita si se cumple alguna de las siguientes afirmaciones: La organización: Es una organización gubernamental descrita en el (5) bajo Tipos de Organizaciones Calificadas , anteriormente o Se fundó sólo para propósitos religiosos y el único beneficio que usted recibe es un beneficio religioso intangible (tal como la entrada a una ceremonia religiosa) que no se suele vender en transacciones comerciales fuera del contexto de donación. State franchise tax forms Usted recibe sólo artículos cuyo valor no es sustancial como se describe en Artículos simbólicos , anteriormente. State franchise tax forms Usted recibe sólo beneficios de afiliación que se pueden ignorar, como se describe anteriormente. State franchise tax forms Gastos Pagados a Nombre de un Estudiante que Vive con Usted Usted posiblemente pueda deducir algunos de los gastos ocasionados por haber hospedado a un estudiante. State franchise tax forms Puede deducir gastos calificados por un estudiante extranjero o estadounidense que: Viva en su hogar conforme a un acuerdo escrito entre usted y una organización calificada, como parte de un programa de la misma para proveerle oportunidades educativas al estudiante, No es su pariente o dependiente y Es un estudiante a tiempo completo en el grado 12 o un grado inferior en una escuela de los Estados Unidos. State franchise tax forms Puede deducir hasta $50 al mes por cada mes natural completo que el estudiante viva con usted. State franchise tax forms Todo mes en que las condiciones desde la (1) hasta la (3) se cumplan por 15 días o más, cuenta como un mes completo. State franchise tax forms Para información adicional, vea Expenses Paid for Student Living With You (Gastos pagados para un estudiante que vive con usted), en la Publicación 526, en inglés. State franchise tax forms Programa de intercambio mutuo. State franchise tax forms   No puede deducir los costos relacionados con un estudiante extranjero que viva en su hogar bajo un programa de intercambio mutuo a través del cual su hijo vivirá con una familia en un país extranjero. State franchise tax forms Tabla 24-2. State franchise tax forms Preguntas de Voluntarios y sus Respuestas Si hace trabajo voluntario para una organización calificada, las siguientes preguntas y respuestas podrían corresponderle. State franchise tax forms Todas las reglas explicadas en este capítulo también corresponden. State franchise tax forms Vea, en específico, Gastos de Bolsillo al Prestar Servicios , más adelante. State franchise tax forms Pregunta Respuesta Hago trabajo voluntario 6 horas a la semana en la oficina de una organización calificada. State franchise tax forms A la recepcionista se le paga $10 por hora por el mismo trabajo que hago yo. State franchise tax forms ¿Puedo deducir $60 a la semana por mi tiempo?    No, no puede deducir el valor de su tiempo o servicios. State franchise tax forms La oficina está ubicada a 30 millas de mi hogar. State franchise tax forms ¿Puedo deducir algunos de mis gastos de automóvil por estos viajes? Sí, puede deducir los gastos de gasolina y aceite que estén directamente relacionados con los viajes de ida y vuelta del sitio donde usted es voluntario. State franchise tax forms Si no quiere calcular los gastos reales, puede deducir 14 centavos por cada milla. State franchise tax forms Hago trabajo voluntario como asistente de enfermera de la Cruz Roja en un hospital. State franchise tax forms ¿Puedo deducir el costo de los uniformes que tengo que usar? Sí, puede deducir el costo de comprar y lavar sus uniformes si el hospital es una organización calificada, los uniformes no son apropiados para uso cotidiano y tiene que llevarlos puestos cuando haga su trabajo voluntario. State franchise tax forms Le pago a una persona para cuidar de mis hijos mientras trabajo como voluntario para una organización calificada. State franchise tax forms ¿Puedo deducir esos gastos? No, no puede deducir pagos por gastos de cuidado de niños como una donación caritativa, aun si son necesarios para que usted pueda hacer trabajo voluntario. State franchise tax forms (Si tiene gastos de cuidado de niños para poder hacer trabajo remunerado, vea el capítulo 32). State franchise tax forms Gastos de Bolsillo al Prestar Servicios Aunque no puede deducir el valor de los servicios que haya prestado a una organización calificada, es posible que pueda deducir algunos gastos pagados al prestarlos. State franchise tax forms Los gastos tienen que ser: Gastos que no hayan sido reembolsados, Directamente relacionados con los servicios, Gastos que tuvo sólo debido a los servicios que prestó y Gastos que no sean gastos personales, diarios o de familia. State franchise tax forms La Tabla 24-2 contiene preguntas y respuestas aplicables a algunas personas que ofrecen sus servicios como voluntarios. State franchise tax forms Convenciones. State franchise tax forms   Si es representante elegido para asistir a una convención de una organización calificada, puede deducir gastos no reembolsados por viajes y transporte, incluyendo una cantidad razonable por comida y alojamiento, mientras pasa la noche fuera de su casa por razones de la convención. State franchise tax forms No obstante, vea Viajes , más adelante. State franchise tax forms   No puede deducir gastos personales por turismo, fiestas organizadas para excursiones de pesca, boletos de entrada para el teatro o clubes nocturnos. State franchise tax forms Tampoco puede deducir gastos de transporte, comida y alojamiento ni otros gastos por su cónyuge o sus hijos. State franchise tax forms    No puede deducir sus gastos por asistir a una convención religiosa si va sólo como miembro de su iglesia y no como un representante elegido. State franchise tax forms Sin embargo, puede deducir gastos no reembolsados que estén directamente relacionados con prestar servicios en nombre de su iglesia durante la convención. State franchise tax forms Uniformes. State franchise tax forms   Puede deducir el costo y mantenimiento de uniformes que no sean apropiados para uso cotidiano y que usted tenga que llevar puestos mientras presta servicios donados para una institución benéfica. State franchise tax forms Padres de crianza. State franchise tax forms   Usted posiblemente pueda deducir como donación caritativa algunos de los costos de ser padre o madre de crianza (proveedor de cuidado de crianza) si no tiene un fin de lucro al proveer dicho cuidado de crianza y, de hecho, no obtiene lucro alguno. State franchise tax forms Las personas que usted acoja en su hogar para cuidado de crianza tienen que ser nombradas por una organización calificada. State franchise tax forms    Puede deducir gastos que reúnan los siguientes requisitos: Son gastos de bolsillo por dar de comer, vestir y cuidar al hijo de crianza y no han sido reembolsados. State franchise tax forms Son gastos incurridos principalmente para beneficiar a la organización calificada. State franchise tax forms   Puede que los gastos no reembolsados que no pueda deducir como donaciones caritativas sean considerados manutención provista por usted al determinar si puede reclamar al hijo de crianza como dependiente. State franchise tax forms Para más detalles, vea el capítulo 3. State franchise tax forms Ejemplo. State franchise tax forms Usted cuidó de una hija de crianza porque quería adoptarla, no para beneficiar a la agencia que la colocó en su hogar. State franchise tax forms Los gastos que haya tenido y que no hayan sido reembolsados no se pueden deducir como donaciones caritativas. State franchise tax forms Gastos de automóvil. State franchise tax forms   Puede deducir como donación caritativa gastos de bolsillo no reembolsados, como el costo de gasolina y aceite, que estén directamente relacionados con el uso de su automóvil para prestar servicios a una organización caritativa. State franchise tax forms No puede deducir gastos generales por reparaciones y mantenimiento, depreciación, cargos de matrícula o los costos de llantas o seguro. State franchise tax forms    Si no quiere deducir sus gastos reales, puede usar una tarifa estándar por milla de 14 centavos para calcular su donación. State franchise tax forms   Puede deducir gastos de estacionamiento y peaje independientemente de si deduce sus gastos reales o la tarifa estándar por milla. State franchise tax forms   Tiene que mantener documentación escrita confiable de los gastos de automóvil. State franchise tax forms Para más información, vea Gastos de automóvil bajo Documentación que se Debe Mantener , más adelante. State franchise tax forms Viajes. State franchise tax forms   Generalmente, puede reclamar una deducción por donaciones caritativas por gastos de viaje en los que ha incurrido necesariamente mientras esté fuera de su domicilio prestando servicios para una organización caritativa, sólo si el viaje no incluye ningún elemento significativo de placer personal, recreación o vacaciones. State franchise tax forms Esto es aplicable tanto si usted paga los gastos directamente o indirectamente. State franchise tax forms Usted paga los gastos indirectamente si le hace un pago a la organización caritativa y dicha institución le paga a usted sus gastos de viaje. State franchise tax forms   La deducción por gastos de viaje no le será denegada sencillamente porque disfrute de proveer servicios a la organización caritativa. State franchise tax forms Aun si usted disfruta del viaje, puede reclamar una deducción por donación caritativa por sus gastos de viaje si está de servicio en un sentido verdadero e íntegro durante todo el viaje. State franchise tax forms No obstante, si tiene sólo tareas menores, o si durante partes significativas del viaje no tiene ninguna tarea, no puede deducir sus gastos de viaje. State franchise tax forms Ejemplo 1. State franchise tax forms Usted es jefe de un grupo juvenil exento de impuestos y lleva al grupo a acampar. State franchise tax forms Es responsable de dirigir la instalación del campamento y proveer supervisión adulta para otras actividades durante todo el viaje. State franchise tax forms Participa en las actividades del grupo y disfruta del tiempo que pasa con los integrantes del mismo. State franchise tax forms Usted dirige el levantamiento del campamento y transporta al grupo de regreso a casa. State franchise tax forms Usted puede deducir sus gastos de viaje. State franchise tax forms Ejemplo 2. State franchise tax forms Usted va de una isla a otra en velero y pasa 8 horas al día contando ballenas y otras formas de vida marina. State franchise tax forms El proyecto es auspiciado por una organización caritativa. State franchise tax forms En la mayoría de las circunstancias, no puede deducir sus gastos. State franchise tax forms Ejemplo 3. State franchise tax forms Usted trabaja varias horas cada mañana en una excavación arqueológica patrocinada por una organización caritativa. State franchise tax forms El resto del día, lo tiene libre para dedicarse al recreo y turismo. State franchise tax forms No puede tomar una deducción por donación caritativa aunque trabaje muy duro durante esas pocas horas. State franchise tax forms Ejemplo 4. State franchise tax forms Usted pasa el día entero asistiendo a la conferencia regional de una organización caritativa como representante elegido. State franchise tax forms Por la tarde, va al teatro. State franchise tax forms Puede declarar sus gastos de viaje como donaciones caritativas, pero no puede declarar los gastos de la tarde que usted pasó en el teatro. State franchise tax forms Asignación para gastos diarios (viáticos). State franchise tax forms   Si provee servicios para una organización calificada y recibe un estipendio diario para cubrir gastos de viaje razonables, incluyendo comidas y alojamiento mientras pasa la noche fuera de su domicilio, tendrá que incluir en su ingreso cualquier parte del estipendio que sea mayor que sus gastos de viaje deducibles. State franchise tax forms Tal vez pueda deducir los gastos de viaje necesarios que sean mayores que el estipendio. State franchise tax forms Gastos de viaje deducibles. State franchise tax forms   Éstos incluyen: Transporte en avión, tren y autobús, Gastos de bolsillo por el automóvil, Tarifas de taxi y otros gastos de transporte entre el aeropuerto o estación y su hotel, Costos de alojamiento y Costo de comidas. State franchise tax forms Debido a que estos gastos de viaje no están relacionados con los negocios, dichos gastos no están sujetos a los mismos límites que los gastos relacionados con los negocios. State franchise tax forms Para información sobre gastos de viaje de negocios, vea Gastos de Viaje en el capítulo 26. State franchise tax forms Donaciones que no Puede Deducir Hay algunas donaciones que no puede deducir, tales como aquéllas hechas a personas específicas y aquéllas hechas a organizaciones no calificadas. State franchise tax forms (Vea Donaciones Hechas a Personas Físicas y Donaciones Hechas a Organizaciones no Calificadas , más adelante). State franchise tax forms Hay otras por las cuales usted puede deducir sólo una parte, como se explica más adelante bajo Donaciones de las Cuales Usted se Beneficia . State franchise tax forms Donaciones Hechas a Personas Físicas No puede deducir donaciones hechas a personas físicas específicas, incluyendo las siguientes: Donaciones hechas a sociedades fraternales para el propósito de pagar gastos médicos o gastos fúnebres de miembros fallecidos. State franchise tax forms Donaciones hechas a personas necesitadas o dignas de ayuda. State franchise tax forms No puede deducir estas donaciones aun si las hace a una organización calificada, si las hace a nombre de una persona específica. State franchise tax forms Pero puede deducir una donación a una organización calificada que ayude a personas necesitadas o dignas de ayuda, si usted no indica que su donación es para una persona específica. State franchise tax forms Ejemplo. State franchise tax forms Puede deducir donaciones hechas a una organización calificada por asistencia en caso de inundaciones, huracanes u otro desastre. State franchise tax forms Sin embargo, no puede deducir donaciones destinadas a la asistencia de una persona o familia específica. State franchise tax forms Pagos hechos a un miembro del clero que él o ella pueda gastar a gusto suyo; por ejemplo, pagos por gastos personales. State franchise tax forms Gastos que usted pague por otra persona que provea servicios a una organización calificada. State franchise tax forms Ejemplo. State franchise tax forms Su hijo trabaja como misionero. State franchise tax forms Usted paga sus gastos. State franchise tax forms No puede reclamar una deducción por los gastos no reembolsados de su hijo relacionados con la prestación de sus servicios. State franchise tax forms Pagos hechos a un hospital por el cuidado de un paciente específico o por servicios prestados a un paciente específico. State franchise tax forms No puede deducir estos pagos aunque el hospital esté administrado por una ciudad, estado u otra organización calificada. State franchise tax forms Donaciones Hechas a Organizaciones no Calificadas No puede deducir donaciones hechas a organizaciones que no reúnan los requisitos para recibir donaciones deducibles, incluyendo las siguientes: Ciertos colegios de abogados estatales si: El colegio de abogados no es una subdivisión política de un estado, El colegio de abogados tiene propósitos privados además de propósitos públicos, tal como promover los intereses profesionales de sus miembros y La donación hecha por usted no tiene restricciones y puede ser usada para propósitos privados. State franchise tax forms Cámaras de comercio y otras asociaciones u organizaciones comerciales (pero vea el capítulo 28). State franchise tax forms Asociaciones y ligas cívicas. State franchise tax forms Organizaciones comunistas. State franchise tax forms Clubes sociales. State franchise tax forms La mayoría de las organizaciones extranjeras (excepto ciertas organizaciones caritativas canadienses, israelís o mexicanas). State franchise tax forms Para más detalles, vea la Publicación 526, en inglés. State franchise tax forms Asociaciones de propietarios de viviendas. State franchise tax forms Sindicatos laborales (pero vea el capítulo 28). State franchise tax forms Organizaciones y candidatos políticos. State franchise tax forms Donaciones de las Cuales Usted se Beneficia Si recibe o espera recibir un beneficio financiero o económico a raíz de haber hecho una donación a una organización calificada, no puede deducir la parte de la donación que represente el valor del beneficio que recibe. State franchise tax forms Vea Donaciones de las Cuales Usted se Beneficia bajo Donaciones que Puede Deducir , anteriormente. State franchise tax forms Estas donaciones incluyen lo siguiente: Donaciones por cabildeo. State franchise tax forms Esto incluye cantidades cuyo uso usted destine para influir en legislación específica, o en relación con la misma. State franchise tax forms Donaciones hechas a un hogar para personas de la tercera edad que sean para alojamiento, comida, mantenimiento o el derecho de ingresarse a dicho hogar. State franchise tax forms Además, si la cantidad de su donación depende del tipo o tamaño de apartamento que usted va a ocupar, no es una donación caritativa. State franchise tax forms Costos de rifas, bingo, lotería, etcétera. State franchise tax forms No puede deducir como una donación caritativa cantidades que pague para comprar boletos de rifa o lotería o para jugar al bingo u otros juegos de azar. State franchise tax forms Para información sobre cómo declarar ganancias y pérdidas de juego, vea Ganancias de juegos y apuestas , en el capítulo 12, y Pérdidas de Apuestas y Juegos de Azar hasta la Cantidad de sus Ganancias de Juego , en el capítulo 28. State franchise tax forms Cuotas pagadas a órdenes fraternales y grupos parecidos. State franchise tax forms No obstante, vea la sección anterior, Cuota o cargos de afiliación bajo Donaciones que Puede Deducir . State franchise tax forms Costos de matrícula o cantidades que pague en su lugar. State franchise tax forms No puede deducir como donación caritativa las cantidades que pague por costos de matrícula, aunque las pague para que niños asistan a escuelas parroquiales o guarderías calificadas que operan sin fines de lucro. State franchise tax forms Tampoco puede deducir cantidad fija alguna que tenga que pagar además del cargo por matrícula de una escuela privada, o en lugar del mismo, aunque haya sido designada como una “donación”. State franchise tax forms Valor de Tiempo o Servicios No puede deducir el valor de su tiempo o servicios, incluyendo: Donaciones de sangre hechas a la Cruz Roja de los Estados Unidos o a bancos de sangre y El valor de ingresos perdidos mientras trabaja como voluntario sin remuneración para una organización calificada. State franchise tax forms Gastos Personales No puede deducir gastos personales, diarios o de familia, tales como los siguientes: El costo de comidas que consuma mientras presta servicios para una organización calificada a menos que sea necesario pasar la noche fuera de su hogar mientras presta los servicios. State franchise tax forms Gastos de adopción, incluidos los cargos que se le pagan a una agencia de adopción y los costos de alojar a un niño en su hogar antes de que la adopción sea final (pero vea Crédito por Adopción en el capítulo 37 y las instrucciones del Formulario 8839, Qualified Adoption Expenses (Gastos de adopción calificados), en inglés). State franchise tax forms Además, es posible que pueda reclamar una exención por el hijo. State franchise tax forms Vea Hijo adoptivo en el capítulo 3. State franchise tax forms Cargos de Tasación Los cargos que pague para averiguar el valor justo de mercado de bienes donados no se pueden deducir como donaciones (vea el capítulo 28). State franchise tax forms Donaciones de Bienes Si dona bienes a una organización calificada, la cantidad de su donación caritativa suele ser el valor justo de mercado de los bienes al momento de hacer la donación. State franchise tax forms Sin embargo, si el valor de los bienes ha aumentado, es posible que se vea obligado a hacer ajustes a la cantidad de la deducción. State franchise tax forms Vea Donación de Bienes Cuyo Valor ha Aumentado , más adelante. State franchise tax forms Para información acerca de la documentación que necesita mantener y la información que tiene que entregar junto con su declaración de impuestos si dona bienes, vea Documentación que se Debe Mantener y Cómo Declarar las Donaciones Caritativas , más adelante. State franchise tax forms Ropa y artículos domésticos. State franchise tax forms   Si dona ropa o artículos domésticos, la ropa o artículos domésticos tienen que estar, como mínimo, en buenas condiciones, para usted poder reclamar una deducción correspondiente a dichos artículos. State franchise tax forms Excepción. State franchise tax forms   Puede deducir la donación de una prenda de vestir o enseres domésticos que no estén, como mínimo, en buen estado, si declara una deducción de más de $500 por éstos e incluye junto con su declaración de impuestos una valoración calificada de los mismos. State franchise tax forms Artículos domésticos. State franchise tax forms   Los artículos domésticos incluyen: Muebles y mobiliario, Equipo electrónico, Enseres eléctricos, Ropa de cama y Otros artículos semejantes. State franchise tax forms   Los artículos domésticos no incluyen: Alimentos, Pinturas, antigüedades y otros objetos de arte, Joyas y gemas, y Colecciones. State franchise tax forms Automóviles, barcos y aviones. State franchise tax forms    Las siguientes reglas corresponden a toda donación de un vehículo que reúna los requisitos. State franchise tax forms Un vehículo que reúne los requisitos es: Un automóvil o todo vehículo de motor fabricado principalmente para uso en carreteras, caminos y carreteras públicas, Un barco, o Un avión. State franchise tax forms Deducción de más de $500. State franchise tax forms   Si dona un vehículo que reúna los requisitos con valor justo de mercado declarado de más de $500, puede deducir la cantidad que sea menor entre las siguientes: Las ganancias brutas procedentes de la venta del vehículo por la organización o El valor justo de mercado del vehículo en la fecha de la donación. State franchise tax forms Si el valor justo de mercado del vehículo era mayor a su costo u otra base, es posible que tenga que reducir el valor justo de mercado para obtener la cantidad deducible, según se describe bajo Donación de Bienes Cuyo Valor ha Aumentado , más adelante. State franchise tax forms Formulario 1098-C. State franchise tax forms   Tiene que adjuntar a su declaración de impuestos la Copia B del Formulario 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes (Donaciones de vehículos motorizados, barcos y aviones), en inglés, u otra declaración escrita que contenga la misma información que el Formulario 1098-C, que usted recibió de la organización. State franchise tax forms El Formulario 1098-C (u otra declaración escrita) mostrará la ganancia bruta procedente de la venta del vehículo. State franchise tax forms   Si presenta la declaración por vía electrónica, tiene que: adjuntar la Copia B del Formulario 1098-C al Formulario 8453(SP) (o al Formulario 8453, en inglés) y enviar dichos formularios al IRS o adjuntar la Copia B del Formulario 1098-C como documento de tipo PDF si su programa de computadora lo permite. State franchise tax forms   Si usted no adjunta el Formulario 1098-C (u otra declaración escrita), no puede deducir su donación. State franchise tax forms   Tiene que obtener el Formulario 1098-C (u otra declaración escrita) dentro de los 30 días a partir de la venta del vehículo. State franchise tax forms Si le corresponde la Excepción 1 ó 2 (descritas más adelante), tiene que obtener el Formulario 1098-C (u otra declaración escrita) dentro de los 30 días de la donación. State franchise tax forms Se acerca el plazo para la presentación de la declaración y aún no tiene el Formulario 1098-C. State franchise tax forms   Si se acerca el plazo para la presentación de la declaración y aún no ha recibido el Formulario 1098-C, usted tiene dos opciones: Solicitar una prórroga automática de 6 meses para presentar la declaración. State franchise tax forms Puede obtener esta prórroga mediante la presentación del Formulario 4868(SP), Solicitud de Prórroga Automática para Presentar la Declaración de Impuestos sobre el Ingreso Personal de los Estados Unidos (o el Formulario 4868, Application for Automatic Extension of Time To File U. State franchise tax forms S. State franchise tax forms Individual Income Tax Return, en inglés). State franchise tax forms Para más información, vea Prórroga Automática , en el capítulo 1. State franchise tax forms Presentar la declaración de impuestos dentro del plazo sin reclamar la deducción por el vehículo que reúne los requisitos. State franchise tax forms Después de haber recibido el Formulario 1098-C, puede presentar una declaración enmendada, es decir, el Formulario 1040X, Amended U. State franchise tax forms S. State franchise tax forms Individual Income Tax Return (Declaración enmendada de impuestos sobre el ingreso personal de los Estados Unidos), en inglés, para reclamar la deducción. State franchise tax forms Adjunte la Copia B del Formulario 1098-C (u otra declaración escrita) a la declaración enmendada. State franchise tax forms Para obtener más información sobre las declaraciones enmendadas, vea Declaraciones Enmendadas y Reclamaciones de Reembolso , en el capítulo 1. State franchise tax forms Excepciones. State franchise tax forms   Existen dos excepciones a las reglas relativas a las deducciones de más de $500 que se acaban de explicar. State franchise tax forms Excepción 1: vehículo usado o mejorado por la organización. State franchise tax forms   Si la organización calificada hace uso significativo del vehículo, o le hace mejoras materiales al mismo antes de traspasarlo, normalmente puede deducir el valor justo de mercado del vehículo al momento de la donación. State franchise tax forms No obstante, si el valor justo de mercado del vehículo era mayor a su costo u otra base, es posible que tenga que reducir el valor justo de mercado para obtener la cantidad deducible, según se describe en Donación de Bienes Cuyo Valor ha Aumentado , más adelante. State franchise tax forms El Formulario 1098-C (u otra declaración escrita) indicará si corresponde esta excepción. State franchise tax forms Excepción 2: vehículo donado o vendido a una persona necesitada. State franchise tax forms   Si la organización calificada regala el vehículo o lo vende a un precio mucho menor que el valor justo de mercado a una persona necesitada para promover los fines caritativos de la organización, generalmente puede deducir el valor justo de mercado del vehículo al momento de la donación. State franchise tax forms No obstante, si el valor justo de mercado del vehículo era mayor a su costo u otra base, es posible que tenga que reducir el valor justo de mercado para obtener la cantidad deducible, según se describe bajo Donación de Bienes Cuyo Valor ha Aumentado , más adelante. State franchise tax forms El Formulario 1098-C (u otra declaración escrita) indicará si corresponde esta excepción. State franchise tax forms   Esta excepción no corresponde si la organización vende el vehículo en una subasta. State franchise tax forms En tal caso, no puede deducir el valor justo de mercado del vehículo. State franchise tax forms Ejemplo. State franchise tax forms Anita dona un automóvil usado a una organización calificada. State franchise tax forms Ella lo compró hace 3 años por $9,000. State franchise tax forms Una guía de automóviles usados muestra el valor justo de mercado de $6,000 para ese tipo de automóvil. State franchise tax forms No obstante, Anita recibe un Formulario 1098-C de la organización que indica que el automóvil fue vendido por $2,900. State franchise tax forms Ni la Excepción 1 ni la Excepción 2 corresponde. State franchise tax forms Si Anita detalla sus deducciones, puede deducir $2,900 por su donación. State franchise tax forms Tiene que adjuntar el Formulario 1098-C y el Formulario 8283 a su declaración de impuestos. State franchise tax forms Deducción de $500 o menos. State franchise tax forms   Si la organización calificada vende el vehículo por $500 o menos y las Excepciones 1 y 2 no corresponden, puede deducir la cantidad que sea menor de las siguientes: $500 o El valor justo de mercado del vehículo en la fecha de la donación. State franchise tax forms No obstante, si el valor justo de mercado del vehículo era mayor a su costo u otra base, es posible que tenga que reducir el valor justo de mercado para obtener la cantidad deducible, según se describe bajo Donación de Bienes Cuyo Valor ha Aumentado , más adelante. State franchise tax forms   Si el valor justo de mercado del vehículo es al menos $250 pero no más de $500, tiene que tener una declaración escrita de la organización calificada que acuse recibo de su donación. State franchise tax forms La declaración escrita tiene que contener la información y reunir los requisitos para un acuse de recibo bajo Deducciones de un Mínimo de $250 pero de un Máximo de $500 bajo Documentación que se Debe Mantener , más adelante. State franchise tax forms Participación parcial en los bienes. State franchise tax forms   Por lo general, no puede deducir una donación caritativa de una cantidad menor que la cantidad total de su participación en los bienes. State franchise tax forms Derecho al uso de los bienes. State franchise tax forms   Una donación del derecho de usar bienes es una donación de una cantidad menor que el total de su participación en aquellos bienes y no es deducible. State franchise tax forms Para excepciones y más información, vea Partial Interest in Property Not in Trust (Participación parcial en bienes no colocados en fideicomiso) en la Publicación 561, en inglés. State franchise tax forms Intereses futuros en bienes muebles tangibles. State franchise tax forms   No puede deducir el valor de una donación caritativa que hizo en forma de intereses futuros en bienes muebles tangibles, hasta después de que todos los intereses intermedios y derechos a la posesión de hecho de la propiedad hayan caducado o hayan sido entregados a alguien que no sea usted, un pariente o una organización relacionada. State franchise tax forms Bienes muebles tangibles. State franchise tax forms   Éstos son bienes de cualquier tipo, que no sean terrenos o edificios, que se puedan ver o tocar. State franchise tax forms Incluyen muebles, libros, joyas, pinturas y automóviles. State franchise tax forms Intereses futuros. State franchise tax forms   Éstos corresponden a intereses que deban comenzar en un futuro, independientemente de si son designados como intereses futuros bajo ley estatal. State franchise tax forms Determinación del Valor Justo de Mercado Esta sección trata de las pautas generales para determinar el valor justo de mercado de varios tipos de bienes donados. State franchise tax forms La Publicación 561, en inglés, contiene una explicación más completa. State franchise tax forms El valor justo de mercado es el precio que tiene el bien en el momento que deja de ser propiedad del vendedor y se vuelve propiedad del comprador, sin que ninguno esté obligado a comprar o vender y teniendo ambos conocimiento razonable de todos los hechos pertinentes. State franchise tax forms Ropa usada y artículos domésticos usados. State franchise tax forms   Generalmente, el valor justo de mercado de ropa y artículos domésticos usados es mucho menor que el precio al que usted los compró cuando estaban nuevos. State franchise tax forms   Para ropa usada, debe reclamar como valor el precio que compradores de artículos usados de hecho pagan en tiendas de ropa usada, tales como tiendas de mercancía de segunda mano o tiendas de consignación. State franchise tax forms Vea Household Goods (Artículos domésticos) en la Publicación 561, en inglés, para información sobre la valorización de artículos domésticos, tales como muebles, enseres eléctricos y ropa de cama. State franchise tax forms Ejemplo. State franchise tax forms Diana Naranjo donó un abrigo a una tienda de mercancía de segunda mano administrada por su iglesia. State franchise tax forms Ella pagó $300 por el abrigo hace tres años. State franchise tax forms Abrigos parecidos se venden en la tienda por $50. State franchise tax forms El valor justo de mercado del abrigo es $50. State franchise tax forms La donación de Diana se limita a $50. State franchise tax forms Automóviles, barcos y aviones. State franchise tax forms   Si dona un automóvil, barco o avión a una organización caritativa, tiene que determinar su valor justo de mercado. State franchise tax forms Ciertas empresas y organizaciones comerciales publican guías para determinar el precio de automóviles usados, conocidos como “ blue books ” (libros azules), que contienen precios de venta completos de concesionarios o precios promedio de concesionarios para modelos de años recientes. State franchise tax forms Las guías pueden ser publicadas mensualmente o por temporadas y para diferentes regiones del país. State franchise tax forms Estas guías también proveen cómputos aproximados para hacer ajustes correspondientes a equipo poco común, millas recorridas fuera de lo normal y estado físico. State franchise tax forms Los precios no son “oficiales” y estas publicaciones no se consideran una valorización de ningún bien donado en específico. State franchise tax forms Pero sí dan una idea para hacer una valorización y sugerir precios relativos que se puedan comparar con ventas y ofertas actuales en su área. State franchise tax forms   También hay información disponible por Internet acerca del valor de automóviles usados. State franchise tax forms Ejemplo. State franchise tax forms Usted hace una donación de un automóvil usado, que está en mal estado, a una escuela secundaria local, para el uso de estudiantes que toman cursos de reparación de vehículos. State franchise tax forms Una guía de automóviles usados muestra que el valor de venta al por menor del concesionario para este tipo de automóvil en mal estado es de $1,600. State franchise tax forms Sin embargo, la guía muestra que el precio de venta de un vendedor privado de dicho automóvil es sólo de $750. State franchise tax forms Se considera que el valor justo de mercado del automóvil es $750. State franchise tax forms Cantidades grandes. State franchise tax forms   Si dona una gran cantidad del mismo artículo, el valor justo de mercado es el precio al que se venden cantidades comparables de dicho artículo. State franchise tax forms Donación de Bienes Cuyo Valor ha Disminuido Si dona bienes con un valor justo de mercado menor que su base en los mismos, su deducción se limita al valor justo de mercado de dichos bienes. State franchise tax forms No puede reclamar una deducción por la diferencia entre la base de los bienes y el valor justo de mercado de los mismos. State franchise tax forms Donación de Bienes Cuyo Valor ha Aumentado Si dona bienes con un valor justo de mercado superior a su base en los mismos, es posible que tenga que reducir el valor justo de mercado por la misma cantidad que aumentó el valor cuando se hizo la revaloración cuando calcule su deducción. State franchise tax forms Su base en los bienes suele ser la cantidad que pagó por los mismos. State franchise tax forms Vea el capítulo 13 si necesita más información sobre la base. State franchise tax forms Se aplican distintas reglas al calcular su deducción, según si los bienes son: Bienes de ingreso ordinario o Bienes de ganancias de capital. State franchise tax forms Bienes de ingreso ordinario. State franchise tax forms   Los bienes son bienes de ingreso ordinario si en la fecha en que se donaron, su venta al valor justo de mercado le hubiera resultado en un ingreso ordinario o en ganancias de capital a corto plazo para usted. State franchise tax forms Algunos ejemplos de bienes de ingreso ordinario son inventario, obras de arte creadas por el donante, manuscritos preparados por el donante y bienes de capital (definidos en el capítulo 14) que se tienen por un año o menos. State franchise tax forms Cantidad de la deducción. State franchise tax forms   La cantidad que puede deducir por una donación de bienes de ingreso ordinario es el valor justo de mercado del bien, menos la cantidad que, al venderlo por su valor justo de mercado, hubiera resultado en ingreso ordinario o ganancias de capital a corto plazo para usted. State franchise tax forms Por lo general, esta regla hace que la deducción se limite a su base en los bienes. State franchise tax forms Ejemplo. State franchise tax forms Usted dona a su iglesia acciones que tuvo por 5 meses. State franchise tax forms El valor justo de mercado de las acciones el día en que usted las dona es $1,000, pero usted pagó por ellos sólo $800 (su base). State franchise tax forms Debido a que los $200 de revalorización serían ganancias de capital a corto plazo si usted vendiera las acciones, su deducción se limita a $800 (valor justo de mercado menos la revalorización). State franchise tax forms Bienes de ganancias de capital. State franchise tax forms   Los bienes son bienes de ganancias de capital si en la fecha en que se donaron, su venta al valor justo de mercado hubiera resultado en ganancias de capital a largo plazo para usted. State franchise tax forms Éstos incluyen bienes de capital que usted ha conservado por más de 1 año, además de ciertos bienes raíces y bienes depreciables que usó en su negocio u ocupación y, normalmente, conservó por más de 1 año. State franchise tax forms Cantidad de la deducción —regla general. State franchise tax forms   Al calcular su deducción por una donación de bienes de ganancias de capital, normalmente puede usar el valor justo de mercado de dichos bienes. State franchise tax forms Excepciones. State franchise tax forms   En ciertas situaciones, tiene que reducir el valor justo de mercado por la cantidad que le hubiera resultado en ganancias de capital a largo plazo, si hubiera vendido los bienes por su valor justo de mercado. State franchise tax forms Generalmente, esto significa reducir el valor justo de mercado a que sea igual al costo de los bienes u otra base. State franchise tax forms Ventas a precios rebajados. State franchise tax forms   Una venta de bienes a precios rebajados es una venta o intercambio por menos que el valor justo de mercado de los bienes. State franchise tax forms Una venta a precios rebajados hecha a una organización calificada es, en parte, una donación caritativa y en parte una venta o intercambio. State franchise tax forms Una venta a precios rebajados podría dar como resultado una ganancia tributable. State franchise tax forms Información adicional. State franchise tax forms   Para más información sobre la donación de bienes revalorizados, vea Giving Property That Has Increased in Value (Donación de bienes cuyo valor ha aumentado) en la Publicación 526, en inglés. State franchise tax forms Cuándo Puede Deducir sus Donaciones Puede deducir sus donaciones únicamente en el año en que de hecho dona el dinero en efectivo u otros bienes (o en un año posterior si se trasladan a dicho año, como se explica más adelante en Cantidades Trasladadas al Año Siguiente ). State franchise tax forms Esto corresponde independientemente de si utiliza el método contable a base de efectivo o a base de lo devengado. State franchise tax forms Fecha de la donación. State franchise tax forms   Normalmente, la donación se considera hecha en la fecha de entrega incondicional de la misma. State franchise tax forms Cheques. State franchise tax forms   Un cheque enviado por usted a una organización caritativa se considera entregado en la fecha en que lo envía. State franchise tax forms Mensaje de texto. State franchise tax forms    Donaciones hechas por medio de un mensaje de texto se pueden deducir en el año en que envía el mensaje de texto si la donación se le cobra a su cuenta de teléfono o celular. State franchise tax forms Tarjeta de crédito. State franchise tax forms    Las donaciones cargadas a su tarjeta de crédito son deducibles en el año en que hace el cargo a su tarjeta de crédito. State franchise tax forms Pago telefónico. State franchise tax forms    Si hace su pago por teléfono, se considera que la fecha en que la institución financiera paga esa cantidad es la fecha en que se recibe la donación. State franchise tax forms Título de acciones. State franchise tax forms   Se considera que usted ha realizado su donación de un título de acciones, debidamente endosado, a una organización caritativa o al agente de ella, en la misma fecha de envío, o de entrega de otra manera, a la organización caritativa. State franchise tax forms No obstante, si usted le da un título de acciones a su representante personal o a la sociedad anónima emisora del título para que sea traspasado al nombre de la organización caritativa, su donación no se recibe hasta la fecha en que las acciones sean traspasadas en los libros de la sociedad anónima. State franchise tax forms Pagaré. State franchise tax forms   Si emite y entrega un pagaré a una organización caritativa como donación, no se considera una donación hasta que usted haga los pagos sobre el mismo. State franchise tax forms Opción. State franchise tax forms    Si le otorga a una organización caritativa una opción para la compra de bienes raíces a precio de oferta, no se considera donación hasta que dicha organización ejecute la opción. State franchise tax forms Fondos de un préstamo. State franchise tax forms   Si hace una donación con fondos obtenidos de un préstamo, puede deducir la donación en el año en que envíe los fondos a la organización caritativa, independientemente de cuándo reintegre el préstamo. State franchise tax forms Límites sobre Deducciones La cantidad de su deducción por donaciones caritativas no puede exceder del 50% de su ingreso bruto ajustado (AGI, por sus siglas en inglés). State franchise tax forms Su deducción puede ser limitada aun mas al 30% o 20% de su AGI, según el tipo de bienes que done y el tipo de organización a la cual se los done. State franchise tax forms Si el total de sus donaciones del año entero son iguales al 20% o menos de su AGI, estos límites no le corresponden a usted. State franchise tax forms Los límites se explican en detalle bajo Limits on Deductions (Límites sobre deducciones), en la Publicación 526, en inglés. State franchise tax forms Un límite superior aplica a determinadas donaciones calificadas destinadas a proyectos de conservación. State franchise tax forms Vea la Publicación 526, disponible en inglés, para más detalles. State franchise tax forms Cantidades Trasladadas al Año Siguiente Puede trasladar al año siguiente las donaciones que no pudo deducir en el año en curso debido a que sobrepasan los límites de su ingreso bruto ajustado. State franchise tax forms Puede deducir dicho exceso en cada uno de los 5 años siguientes hasta que haya deducido la cantidad entera, pero no más allá de esa fecha. State franchise tax forms Para más información, vea Carryovers (Cantidades trasladadas al año siguiente) en la Publicación 526, en inglés. State franchise tax forms Documentación que se Debe Mantener Tiene que conservar documentación para comprobar la cantidad de cada donación que usted hizo durante el año. State franchise tax forms El tipo de documentos que tiene que conservar depende de la cantidad de las donaciones y de si son: Donaciones en efectivo, Donaciones que no sean en efectivo o Gastos de bolsillo en los que se ha incurrido al donar servicios. State franchise tax forms Nota: Por lo general, una organización tiene que darle una declaración escrita si recibe de usted un pago superior a $75 que es en parte una donación y en parte a cambio de bienes y servicios. State franchise tax forms (Vea la sección Donaciones de las Cuales Usted se Beneficia bajo Donaciones que Puede Deducir , anteriormente). State franchise tax forms Conserve la declaración escrita con su documentación. State franchise tax forms Es posible que ésta cumpla todos o parte de los requisitos de documentación, que se explican más adelante. State franchise tax forms Donaciones en Efectivo Las donaciones en efectivo incluyen aquéllas que se pagan con dinero en efectivo, por cheque, transferencia de fondos electrónica, tarjeta de crédito, tarjeta de débito, o deducción de nómina. State franchise tax forms No puede deducir una donación hecha en efectivo, cualquiera que sea la cantidad, a no ser que guarde uno de los siguientes documentos: Documentación bancaria que muestre el nombre de la organización caritativa calificada, la fecha de la donación y la cantidad de la donación. State franchise tax forms La documentación bancaria puede incluir: Un cheque cancelado, Un estado de cuentas bancario o de una cooperativa de crédito o Un estado de cuentas de tarjeta de crédito. State franchise tax forms Un recibo (o una carta u otra comunicación escrita) de la organización calificada en el cual aparezcan el nombre de dicha organización, la fecha de la donación y la cantidad de la donación. State franchise tax forms Los registros de nómina descritos a continuación. State franchise tax forms Deducciones de nómina. State franchise tax forms   Si usted hace donaciones por deducción de nómina, tiene que guardar: Un talón de cheque, Formulario W-2 u otro documento proporcionado por su empleador en el cual se indican la fecha y cantidad de la donación y Una tarjeta de compromiso u otro documento preparado por o para la organización calificada en el cual se indica el nombre de dicha organización. State franchise tax forms Si su empleador retuvo $250 o más de un solo cheque de pago, vea Donaciones de $250 o Más , a continuación. State franchise tax forms Donaciones de $250 o Más Puede reclamar una deducción por una donación de $250 o más sólo si tiene un acuse de recibo de su donación emitido por la organización calificada o si tiene cierta documentación correspondiente a las deducciones de nómina. State franchise tax forms Si hizo más de una sola donación en la cantidad de $250 o más, tiene que tener un acuse de recibo separado para cada una o un solo acuse de recibo que muestre cada donación, la fecha de cada donación y el total de sus donaciones. State franchise tax forms Cantidad de la donación. State franchise tax forms   Al calcular si su donación es de $250 o más, no combine donaciones separadas. State franchise tax forms Por ejemplo, si donaba a su iglesia $25 por semana, los pagos semanales no tienen que sumarse. State franchise tax forms Cada pago se considera una donación separada. State franchise tax forms   Si se hacen donaciones por deducción de nómina, la deducción de cada cheque de pago se considera una donación separada. State franchise tax forms   Si hizo un pago que fuera en parte a cambio de bienes y servicios, como se describe anteriormente bajo Donaciones de las Cuales Usted se Beneficia , su donación es la cantidad del pago que sea mayor al valor de los bienes y servicios. State franchise tax forms Acuse de recibo. State franchise tax forms   El acuse de recibo tiene que reunir los siguientes requisitos: Tiene que ser por escrito. State franchise tax forms Tiene que incluir: La cantidad de dinero en efectivo que donó, Si la organización calificada le dio a usted algún bien o servicio como resultado de su donación (que no sea un artículo simbólico o beneficios de afiliación), Una descripción y cómputo aproximado de buena fe del valor de todos los bienes o servicios descritos en (b) (que no sean beneficios religiosos intangibles) y Una declaración escrita explicando que el único beneficio que usted recibió fue un beneficio religioso intangible, si ése fue el caso. State franchise tax forms En el acuse de recibo no se necesita describir ni estimar el valor del beneficio religioso intangible. State franchise tax forms Un beneficio religioso intangible es un beneficio que no se suele vender en transacciones comerciales fuera del contexto de donación (regalo). State franchise tax forms Un ejemplo, es la entrada a una ceremonia religiosa. State franchise tax forms Tiene que obtenerlo a más tardar en la fecha más temprana entre las siguientes: La fecha en que usted presenta su declaración de impuestos para el año en que haya hecho la donación o La fecha de vencimiento, incluyendo prórrogas, para presentar la declaración de impuestos. State franchise tax forms   Si la fecha de la donación no se indica en el acuse de recibo, tiene que tener además documentación bancaria o un recibo, como se describe anteriormente, en el que sí se indica la fecha de la donación. State franchise tax forms Si el acuse de recibo indica la fecha de la donación y reúne los demás requisitos descritos anteriormente, usted no necesita otra documentación. State franchise tax forms Deducciones de nómina. State franchise tax forms   Si hace una donación por medio de deducción de nómina y su empleador retuvo $250 o más de un solo cheque de pago, usted tiene que guardar: Un talón de cheque, Formulario W-2 u otro documento proporcionado por su empleador en el cual se indica la cantidad retenida como donación y Una tarjeta de compromiso u otro documento preparado por o para la organización calificada en el cual se indica el nombre de dicha organización afirmando que dicha organización no provee bienes o servicios a cambio de donaciones hechas por deducción de nómina. State franchise tax forms Puede guardar una sola tarjeta de compromiso para toda donación hecha por deducción de nómina, cualquiera que sea la cantidad, siempre y cuando contenga toda la información requerida. State franchise tax forms   Si el talón de cheque, Formulario W-2, tarjeta de compromiso u otro documento no muestra la fecha de la donación, usted tiene que tener otro documento adicional que muestre dicha fecha. State franchise tax forms Si el talón de cheque, Formulario W-2, tarjeta de compromiso u otro documento sí muestra la fecha de la donación, no necesita otra documentación a excepción de la que acaba de describirse anteriormente en los puntos (1) y (2). State franchise tax forms Donaciones que no Sean en Efectivo En el caso de una donación que no sea en efectivo, la documentación que tiene que guardar depende de si su deducción por la donación es: Menos de $250, Por lo menos $250 pero no más de $500, Más de $500 pero no más de $5,000 o Más de $5,000. State franchise tax forms Cantidad de la deducción. State franchise tax forms   Al calcular si su deducción es de $500 o más, sume las deducciones declaradas por todo artículo de propiedad parecida donada a alguna organización caritativa durante el año. State franchise tax forms   Si recibió bienes o servicios a cambio, como se describe anteriormente en Donaciones de las Cuales Usted se Beneficia , reduzca su donación por el valor de aquellos bienes o servicios. State franchise tax forms Si calcula su deducción disminuyendo el valor justo de mercado de los bienes donados por la cantidad que dicho valor aumentó desde su compra del artículo, como se describe anteriormente en Donación de Bienes Cuyo Valor ha Aumentado , su donación corresponde a la cantidad disminuida. State franchise tax forms Donaciones Menores de $250 Si hace alguna donación que no sea en efectivo, tendrá que obtener y guardar un recibo emitido por la organización caritativa en el cual se indican: El nombre de la organización caritativa, La fecha y el sitio de la donación caritativa y Una descripción razonablemente detallada de los bienes. State franchise tax forms Una carta u otra comunicación escrita de la organización caritativa que acuse recibo de la donación e incluya la información en los puntos (1), (2) y (3) servirá de recibo. State franchise tax forms No está obligado a tener un recibo cuando sea poco factible obtener uno (por ejemplo, si deja bienes en un punto de recogida no atendido de una organización caritativa). State franchise tax forms Documentación adicional. State franchise tax forms   También tiene que mantener documentación escrita confiable por cada artículo de propiedad donada. State franchise tax forms La documentación escrita tiene que incluir la siguiente información: El nombre y dirección de la organización a la cual hizo la donación. State franchise tax forms La fecha y sitio de la donación. State franchise tax forms Una descripción razonablemente detallada de los bienes dadas las circunstancias. State franchise tax forms Para valores bursátiles, guarde el nombre del emisor, el tipo de los valores y si se comercializan regularmente en una bolsa de valores o mercado secundario. State franchise tax forms El valor justo de mercado de los bienes en la
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The State Franchise Tax Forms

State franchise tax forms Publication 925 - Main Content Table of Contents Passive Activity LimitsWho Must Use These Rules? Passive Activity Loss Passive Activity Credit Publicly Traded Partnership Excess Farm Loss Passive Activities Activities That Are Not Passive Activities Passive Activity Income and Deductions Grouping Your Activities Recharacterization of Passive Income Dispositions How To Report Your Passive Activity Loss Comprehensive ExampleGeneral Information At-Risk LimitsWho Is Affected? Activities Covered by the At-Risk Rules At-Risk Amounts Amounts Not At Risk Reductions of Amounts At Risk Recapture Rule How To Get Tax HelpLow Income Taxpayer Clinics Passive Activity Limits Who Must Use These Rules? The passive activity rules apply to: Individuals, Estates, Trusts (other than grantor trusts), Personal service corporations, and Closely held corporations. State franchise tax forms Even though the rules do not apply to grantor trusts, partnerships, and S corporations directly, they do apply to the owners of these entities. State franchise tax forms For information about personal service corporations and closely held corporations, including definitions and how the passive activity rules apply to these corporations, see Form 8810 and its instructions. State franchise tax forms Before applying the passive activity limits, you must first determine the amount of the deductions disallowed under the basis, excess farm loss, or at-risk rules. State franchise tax forms See Passive Activity Deductions, later. State franchise tax forms Passive Activity Loss Generally, the passive activity loss for the tax year is not allowed. State franchise tax forms However, there is a special allowance under which some or all of your passive activity loss may be allowed. State franchise tax forms See Special $25,000 allowance , later. State franchise tax forms Definition of passive activity loss. State franchise tax forms    Generally, your passive activity loss for the tax year is the excess of your passive activity deductions over your passive activity gross income. State franchise tax forms See Passive Activity Income and Deductions , later. State franchise tax forms   For a closely held corporation, the passive activity loss is the excess of passive activity deductions over the sum of passive activity gross income and net active income. State franchise tax forms For details on net active income, see the Instructions for Form 8810. State franchise tax forms For the definition of passive activity gross income, see Passive Activity Income , later. State franchise tax forms For the definition of passive activity deductions, see Passive Activity Deductions , later. State franchise tax forms Identification of Disallowed Passive Activity Deductions If all or a part of your passive activity loss is disallowed for the tax year, you may need to allocate the disallowed passive activity loss among different passive activities and among different deductions within a passive activity. State franchise tax forms Allocation of disallowed passive activity loss among activities. State franchise tax forms   If all or any part of your passive activity loss is disallowed for the tax year, a ratable portion of the loss (if any) from each of your passive activities is disallowed. State franchise tax forms The ratable portion of a loss from an activity is computed by multiplying the passive activity loss that is disallowed for the tax year by the fraction obtained by dividing: The loss from the activity for the tax year; by The sum of the losses for the tax year from all activities having losses for the tax year. State franchise tax forms Use Worksheet 5 of Form 8582 to figure the ratable portion of the loss from each activity that is disallowed. State franchise tax forms Loss from an activity. State franchise tax forms   The term “loss from an activity” means: The amount by which the passive activity deductions (defined later) from the activity for the tax year exceed the passive activity gross income (defined later) from the activity for the tax year; reduced by Any part of such amount that is allowed under the Special $25,000 Allowance , later. State franchise tax forms   If your passive activity gross income from significant participation passive activities (defined later) for the tax year is more than your passive activity deductions from those activities for the tax year, those activities shall be treated, solely for purposes of figuring your loss from the activity, as a single activity that does not have a loss for such taxable year. State franchise tax forms See Significant Participation Passive Activities , later. State franchise tax forms Example. State franchise tax forms John Pine holds interests in three passive activities, A, B, and C. State franchise tax forms The gross income and deductions from these activities for the taxable year are as follows:   A B C Total Gross income $7,000 $4,000 $12,000 $23,000 Deductions (16,000) (20,000) (8,000) (44,000)           Net income (loss) ($9,000) ($16,000) $4,000 ($21,000)   John Pine’s $21,000 passive activity loss for the taxable year is disallowed. State franchise tax forms Therefore, a ratable portion of the losses from activities A and B is disallowed. State franchise tax forms He figures the disallowed portion of each loss as follows: A: $21,000 x $9,000/$25,000 $7,560 B: $21,000 x $16,000/$25,000 13,440     Total $21,000 Allocation within loss activities. State franchise tax forms   If all or any part of your loss from an activity is disallowed under Allocation of disallowed passive activity loss among activities for the tax year, a ratable portion of each of your passive activity deductions (defined later), other than an excluded deduction (defined below) from such activity is disallowed. State franchise tax forms The ratable portion of a passive activity deduction is the amount of the disallowed portion of the loss from the activity for the tax year multiplied by the fraction obtained by dividing: The amount of such deduction; by The sum of all of your passive activity deductions (other than excluded deductions) from that activity from the tax year. State franchise tax forms Excluded deductions. State franchise tax forms    “Excluded deduction” means any passive activity deduction that is taken into account in computing your net income from an item of property for a taxable year in which an amount of the taxpayer's gross income from such item of property is treated as not from a passive activity. State franchise tax forms See Recharacterization of Passive Income , later. State franchise tax forms Separately identified deductions. State franchise tax forms   In identifying the deductions from an activity that are disallowed, you do not need to account separately for a deduction unless such deduction may, if separately taken into account, result in an income tax liability for any tax year different from that which would result were such deduction not taken into account separately. State franchise tax forms   Use Form 8582, Worksheet 7, for any activity if you have passive activity deductions for that activity that must be separately identified. State franchise tax forms   Deductions that must be accounted for separately include (but are not limited to) the following deductions. State franchise tax forms Deductions that arise in a rental real estate activity in tax years in which you actively participate in such activity. State franchise tax forms See Active participation , later. State franchise tax forms Deductions that arise in a rental real estate activity in tax years in which you do not actively participate in such activity. State franchise tax forms See Active participation , later. State franchise tax forms Losses from sales or exchanges of capital assets. State franchise tax forms Section 1231 losses. State franchise tax forms See Section 1231 Gains and Losses in Publication 544, Sales and Other Disposition of Assets, for more information. State franchise tax forms Carryover of Disallowed Deductions In the case of an activity with respect to which any deductions or credits are disallowed for a taxable year (the loss activity), the disallowed deductions are allocated among your activities for the next tax year in a manner that reasonably reflects the extent to which each activity continues the loss activity. State franchise tax forms The disallowed deductions or credits allocated to an activity under the preceding sentence are treated as deductions or credits from the activity for the next tax year. State franchise tax forms For more information, see Regulations section 1. State franchise tax forms 469-1(f)(4). State franchise tax forms Passive Activity Credit Generally, the passive activity credit for the tax year is disallowed. State franchise tax forms The passive activity credit is the amount by which the sum of all your credits subject to the passive activity rules exceed your regular tax liability allocable to all passive activities for the tax year. State franchise tax forms Credits that are included in figuring the general business credit are subject to the passive activity rules. State franchise tax forms See the Instructions for Form 8582-CR for more information. State franchise tax forms Publicly Traded Partnership You must apply the rules in this part separately to your income or loss from a passive activity held through a publicly traded partnership (PTP). State franchise tax forms You also must apply the limit on passive activity credits separately to your credits from a passive activity held through a PTP. State franchise tax forms You can offset deductions from passive activities of a PTP only against income or gain from passive activities of the same PTP. State franchise tax forms Likewise, you can offset credits from passive activities of a PTP only against the tax on the net passive income from the same PTP. State franchise tax forms This separate treatment rule also applies to a regulated investment company holding an interest in a PTP for the items attributable to that interest. State franchise tax forms For more information on how to apply the passive activity loss rules to PTPs, and on how to apply the limit on passive activity credits to PTPs, see Publicly Traded Partnerships (PTPs) in the Instructions for Forms 8582 and 8582-CR, respectively. State franchise tax forms Excess Farm Loss If you receive an applicable subsidy for any tax year and you have an excess farm loss for the tax year, special rules apply. State franchise tax forms These rules do not apply to C corporations. State franchise tax forms For information, see the Instructions for Schedule F (Form 1040), Profit or Loss From Farming. State franchise tax forms Passive Activities There are two kinds of passive activities. State franchise tax forms Trade or business activities in which you do not materially participate during the year. State franchise tax forms Rental activities, even if you do materially participate in them, unless you are a real estate professional. State franchise tax forms Material participation in a trade or business is discussed later, under Activities That Are Not Passive Activities . State franchise tax forms Treatment of former passive activities. State franchise tax forms   A former passive activity is an activity that was a passive activity in any earlier tax year, but is not a passive activity in the current tax year. State franchise tax forms You can deduct a prior year's unallowed loss from the activity up to the amount of your current year net income from the activity. State franchise tax forms Treat any remaining prior year unallowed loss like you treat any other passive loss. State franchise tax forms   In addition, any prior year unallowed passive activity credits from a former passive activity offset the allocable part of your current year tax liability. State franchise tax forms The allocable part of your current year tax liability is that part of this year's tax liability that is allocable to the current year net income from the former passive activity. State franchise tax forms You figure this after you reduce your net income from the activity by any prior year unallowed loss from that activity (but not below zero). State franchise tax forms Trade or Business Activities A trade or business activity is an activity that: Involves the conduct of a trade or business (that is, deductions would be allowable under section 162 of the Internal Revenue Code if other limitations, such as the passive activity rules, did not apply), Is conducted in anticipation of starting a trade or business, or Involves research or experimental expenditures that are deductible under Internal Revenue Code section 174 (or that would be deductible if you chose to deduct rather than capitalize them). State franchise tax forms A trade or business activity does not include a rental activity or the rental of property that is incidental to an activity of holding the property for investment. State franchise tax forms You generally report trade or business activities on Schedule C, C-EZ, F, or in Part II or III of Schedule E. State franchise tax forms Rental Activities A rental activity is a passive activity even if you materially participated in that activity, unless you materially participated as a real estate professional. State franchise tax forms See Real Estate Professional under Activities That Are Not Passive Activities, later. State franchise tax forms An activity is a rental activity if tangible property (real or personal) is used by customers or held for use by customers, and the gross income (or expected gross income) from the activity represents amounts paid (or to be paid) mainly for the use of the property. State franchise tax forms It does not matter whether the use is under a lease, a service contract, or some other arrangement. State franchise tax forms Exceptions. State franchise tax forms   Your activity is not a rental activity if any of the following apply. State franchise tax forms The average period of customer use of the property is 7 days or less. State franchise tax forms You figure the average period of customer use by dividing the total number of days in all rental periods by the number of rentals during the tax year. State franchise tax forms If the activity involves renting more than one class of property, multiply the average period of customer use of each class by a fraction. State franchise tax forms The numerator of the fraction is the gross rental income from that class of property and the denominator is the activity's total gross rental income. State franchise tax forms The activity's average period of customer use will equal the sum of the amounts for each class. State franchise tax forms The average period of customer use of the property, as figured in (1) above, is 30 days or less and you provide significant personal services with the rentals. State franchise tax forms Significant personal services include only services performed by individuals. State franchise tax forms To determine if personal services are significant, all relevant facts and circumstances are taken into consideration, including the frequency of the services, the type and amount of labor required to perform the services, and the value of the services relative to the amount charged for use of the property. State franchise tax forms Significant personal services do not include the following. State franchise tax forms Services needed to permit the lawful use of the property, Services to repair or improve property that would extend its useful life for a period substantially longer than the average rental, and Services that are similar to those commonly provided with long-term rentals of real estate, such as cleaning and maintenance of common areas or routine repairs. State franchise tax forms You provide extraordinary personal services in making the rental property available for customer use. State franchise tax forms Services are extraordinary personal services if they are performed by individuals and the customers' use of the property is incidental to their receipt of the services. State franchise tax forms The rental is incidental to a nonrental activity. State franchise tax forms The rental of property is incidental to an activity of holding property for investment if the main purpose of holding the property is to realize a gain from its appreciation and the gross rental income from the property is less than 2% of the smaller of the property's unadjusted basis or fair market value. State franchise tax forms The unadjusted basis of property is its cost not reduced by depreciation or any other basis adjustment. State franchise tax forms The rental of property is incidental to a trade or business activity if all of the following apply. State franchise tax forms You own an interest in the trade or business activity during the year. State franchise tax forms The rental property was used mainly in that trade or business activity during the current year, or during at least 2 of the 5 preceding tax years. State franchise tax forms Your gross rental income from the property is less than 2% of the smaller of its unadjusted basis or fair market value. State franchise tax forms Lodging provided to an employee or the employee's spouse or dependents is incidental to the activity or activities in which the employee performs services if the lodging is furnished for the employer's convenience. State franchise tax forms You customarily make the rental property available during defined business hours for nonexclusive use by various customers. State franchise tax forms You provide the property for use in a nonrental activity in your capacity as an owner of an interest in the partnership, S corporation, or joint venture conducting that activity. State franchise tax forms    If you meet any of the exceptions listed above, see the instructions for Form 8582 for information about how to report any income or loss from the activity. State franchise tax forms Special $25,000 allowance. State franchise tax forms   If you or your spouse actively participated in a passive rental real estate activity, the amount of the passive activity loss that is disallowed is decreased and you therefore can deduct up to $25,000 of loss from the activity from your nonpassive income. State franchise tax forms This special allowance is an exception to the general rule disallowing the passive activity loss. State franchise tax forms Similarly, you can offset credits from the activity against the tax on up to $25,000 of nonpassive income after taking into account any losses allowed under this exception. State franchise tax forms   If you are married, filing a separate return, and lived apart from your spouse for the entire tax year, your special allowance cannot be more than $12,500. State franchise tax forms If you lived with your spouse at any time during the year and are filing a separate return, you cannot use the special allowance to reduce your nonpassive income or tax on nonpassive income. State franchise tax forms   The maximum special allowance is reduced if your modified adjusted gross income exceeds certain amounts. State franchise tax forms See Phaseout rule , later. State franchise tax forms Example. State franchise tax forms Kate, a single taxpayer, has $70,000 in wages, $15,000 income from a limited partnership, a $26,000 loss from rental real estate activities in which she actively participated, and is not subject to the modified adjusted gross income phaseout rule. State franchise tax forms She can use $15,000 of her $26,000 loss to offset her $15,000 passive income from the partnership. State franchise tax forms She actively participated in her rental real estate activities, so she can use the remaining $11,000 rental real estate loss to offset $11,000 of her nonpassive income (wages). State franchise tax forms Commercial revitalization deduction (CRD). State franchise tax forms   The special allowance must first be applied to losses from rental real estate activities figured without the CRD. State franchise tax forms Any remaining part of the special allowance is available for the CRD from the rental real estate activities and is not subject to the active participation rules or the phaseout based on modified adjusted gross income. State franchise tax forms You cannot claim a CRD for a building placed in service after December 31, 2009. State franchise tax forms Active participation. State franchise tax forms   Active participation is not the same as material participation (defined later). State franchise tax forms Active participation is a less stringent standard than material participation. State franchise tax forms For example, you may be treated as actively participating if you make management decisions in a significant and bona fide sense. State franchise tax forms Management decisions that count as active participation include approving new tenants, deciding on rental terms, approving expenditures, and similar decisions. State franchise tax forms   Only individuals can actively participate in rental real estate activities. State franchise tax forms However, a decedent's estate is treated as actively participating for its tax years ending less than 2 years after the decedent's death, if the decedent would have satisfied the active participation requirement for the activity for the tax year the decedent died. State franchise tax forms   A decedent's qualified revocable trust can also be treated as actively participating if both the trustee and the executor (if any) of the estate choose to treat the trust as part of the estate. State franchise tax forms The choice applies to tax years ending after the decedent's death and before: 2 years after the decedent's death if no estate tax return is required, or 6 months after the estate tax liability is finally determined if an estate tax return is required. State franchise tax forms   The choice is irrevocable and cannot be made later than the due date for the estate's first income tax return (including any extensions). State franchise tax forms   Limited partners are not treated as actively participating in a partnership's rental real estate activities. State franchise tax forms   You are not treated as actively participating in a rental real estate activity unless your interest in the activity (including your spouse's interest) was at least 10% (by value) of all interests in the activity throughout the year. State franchise tax forms   Active participation is not required to take the low-income housing credit, the rehabilitation investment credit, or CRD from rental real estate activities. State franchise tax forms Example. State franchise tax forms Mike, a single taxpayer, had the following income and loss during the tax year: Salary $42,300 Dividends 300 Interest 1,400 Rental loss (4,000) The rental loss came from a house Mike owned. State franchise tax forms He advertised and rented the house to the current tenant himself. State franchise tax forms He also collected the rents and did the repairs or hired someone to do them. State franchise tax forms Even though the rental loss is a loss from a passive activity, Mike can use the entire $4,000 loss to offset his other income because he actively participated. State franchise tax forms Phaseout rule. State franchise tax forms   The maximum special allowance of $25,000 ($12,500 for married individuals filing separate returns and living apart at all times during the year) is reduced by 50% of the amount of your modified adjusted gross income that is more than $100,000 ($50,000 if you are married filing separately). State franchise tax forms If your modified adjusted gross income is $150,000 or more ($75,000 or more if you are married filing separately), you generally cannot use the special allowance. State franchise tax forms    Modified adjusted gross income for this purpose is your adjusted gross income figured without the following. State franchise tax forms Taxable social security and tier 1 railroad retirement benefits. State franchise tax forms Deductible contributions to individual retirement accounts (IRAs) and section 501(c)(18) pension plans. State franchise tax forms The exclusion from income of interest from qualified U. State franchise tax forms S. State franchise tax forms savings bonds used to pay qualified higher education expenses. State franchise tax forms The exclusion from income of amounts received from an employer's adoption assistance program. State franchise tax forms Passive activity income or loss included on Form 8582. State franchise tax forms Any rental real estate loss allowed because you materially participated in the rental activity as a Real Estate Professional (as discussed later, under Activities That Are Not Passive Activities). State franchise tax forms Any overall loss from a publicly traded partnership (see Publicly Traded Partnerships (PTPs) in the instructions for Form 8582). State franchise tax forms The deduction for the employer-equivalent portion of self-employment tax. State franchise tax forms The deduction for domestic production activities. State franchise tax forms The deduction allowed for interest on student loans. State franchise tax forms The deduction for qualified tuition and related expenses. State franchise tax forms Example. State franchise tax forms During 2013, John was unmarried and was not a real estate professional. State franchise tax forms For 2013, he had $120,000 in salary and a $31,000 loss from his rental real estate activities in which he actively participated. State franchise tax forms His modified adjusted gross income is $120,000. State franchise tax forms When he files his 2013 return, he can deduct only $15,000 of his passive activity loss. State franchise tax forms He must carry over the remaining $16,000 passive activity loss to 2014. State franchise tax forms He figures his deduction and carryover as follows: Adjusted gross income, modified as required $120,000       Minus amount not subject to phaseout 100,000 Amount subject to phaseout rule $20,000 Multiply by 50% × 50% Required reduction to special allowance $10,000 Maximum special allowance $25,000 Minus required reduction (see above) 10,000 Adjusted special allowance $15,000 Passive loss from rental real estate $31,000 Deduction allowable/Adjusted  special allowance (see above) 15,000       Amount that must be carried forward $16,000 Exceptions to the phaseout rules. State franchise tax forms   A higher phaseout range applies to rehabilitation investment credits from rental real estate activities. State franchise tax forms For those credits, the phaseout of the $25,000 special allowance starts when your modified adjusted gross income exceeds $200,000 ($100,000 if you are a married individual filing a separate return and living apart at all times during the year). State franchise tax forms   There is no phaseout of the $25,000 special allowance for low-income housing credits or for the CRD. State franchise tax forms Ordering rules. State franchise tax forms   If you have more than one of the exceptions to the phaseout rules in the same tax year, you must apply the $25,000 phaseout against your passive activity losses and credits in the following order. State franchise tax forms The portion of passive activity losses not attributable to the CRD. State franchise tax forms The portion of passive activity losses attributable to the CRD. State franchise tax forms The portion of passive activity credits attributable to credits other than the rehabilitation and low-income housing credits. State franchise tax forms The portion of passive activity credits attributable to the rehabilitation credit. State franchise tax forms The portion of passive activity credits attributable to the low-income housing credit. State franchise tax forms Activities That Are Not Passive Activities The following are not passive activities. State franchise tax forms Trade or business activities in which you materially participated for the tax year. State franchise tax forms A working interest in an oil or gas well which you hold directly or through an entity that does not limit your liability (such as a general partner interest in a partnership). State franchise tax forms It does not matter whether you materially participated in the activity for the tax year. State franchise tax forms However, if your liability was limited for part of the year (for example, you converted your general partner interest to a limited partner interest during the year) and you had a net loss from the well for the year, some of your income and deductions from the working interest may be treated as passive activity gross income and passive activity deductions. State franchise tax forms  See Temporary Regulations section 1. State franchise tax forms 469-1T(e)(4)(ii). State franchise tax forms The rental of a dwelling unit that you also used for personal purposes during the year for more than the greater of 14 days or 10% of the number of days during the year that the home was rented at a fair rental. State franchise tax forms An activity of trading personal property for the account of those who own interests in the activity. State franchise tax forms See Temporary Regulations section 1. State franchise tax forms 469-1T(e)(6). State franchise tax forms Rental real estate activities in which you materially participated as a real estate professional. State franchise tax forms See Real Estate Professional , later. State franchise tax forms You should not enter income and losses from these activities on Form 8582. State franchise tax forms Instead, enter them on the forms or schedules you would normally use. State franchise tax forms Material Participation A trade or business activity is not a passive activity if you materially participated in the activity. State franchise tax forms Material participation tests. State franchise tax forms    You materially participated in a trade or business activity for a tax year if you satisfy any of the following tests. State franchise tax forms You participated in the activity for more than 500 hours. State franchise tax forms Your participation was substantially all the participation in the activity of all individuals for the tax year, including the participation of individuals who did not own any interest in the activity. State franchise tax forms You participated in the activity for more than 100 hours during the tax year, and you participated at least as much as any other individual (including individuals who did not own any interest in the activity) for the year. State franchise tax forms The activity is a significant participation activity, and you participated in all significant participation activities for more than 500 hours. State franchise tax forms A significant participation activity is any trade or business activity in which you participated for more than 100 hours during the year and in which you did not materially participate under any of the material participation tests, other than this test. State franchise tax forms See Significant Participation Passive Activities , under Recharacterization of Passive Income, later. State franchise tax forms You materially participated in the activity for any 5 (whether or not consecutive) of the 10 immediately preceding tax years. State franchise tax forms The activity is a personal service activity in which you materially participated for any 3 (whether or not consecutive) preceding tax years. State franchise tax forms An activity is a personal service activity if it involves the performance of personal services in the fields of health (including veterinary services), law, engineering, architecture, accounting, actuarial science, performing arts, consulting, or any other trade or business in which capital is not a material income-producing factor. State franchise tax forms Based on all the facts and circumstances, you participated in the activity on a regular, continuous, and substantial basis during the year. State franchise tax forms   You did not materially participate in the activity under test (7) if you participated in the activity for 100 hours or less during the year. State franchise tax forms Your participation in managing the activity does not count in determining whether you materially participated under this test if: Any person other than you received compensation for managing the activity, or Any individual spent more hours during the tax year managing the activity than you did (regardless of whether the individual was compensated for the management services). State franchise tax forms Participation. State franchise tax forms   In general, any work you do in connection with an activity in which you own an interest is treated as participation in the activity. State franchise tax forms Work not usually performed by owners. State franchise tax forms   You do not treat the work you do in connection with an activity as participation in the activity if both of the following are true. State franchise tax forms The work is not work that is customarily done by the owner of that type of activity. State franchise tax forms One of your main reasons for doing the work is to avoid the disallowance of any loss or credit from the activity under the passive activity rules. State franchise tax forms Participation as an investor. State franchise tax forms   You do not treat the work you do in your capacity as an investor in an activity as participation unless you are directly involved in the day-to-day management or operations of the activity. State franchise tax forms Work you do as an investor includes: Studying and reviewing financial statements or reports on operations of the activity, Preparing or compiling summaries or analyses of the finances or operations of the activity for your own use, and Monitoring the finances or operations of the activity in a nonmanagerial capacity. State franchise tax forms Spouse's participation. State franchise tax forms   Your participation in an activity includes your spouse's participation. State franchise tax forms This applies even if your spouse did not own any interest in the activity and you and your spouse do not file a joint return for the year. State franchise tax forms Proof of participation. State franchise tax forms You can use any reasonable method to prove your participation in an activity for the year. State franchise tax forms You do not have to keep contemporaneous daily time reports, logs, or similar documents if you can establish your participation in some other way. State franchise tax forms For example, you can show the services you performed and the approximate number of hours spent by using an appointment book, calendar, or narrative summary. State franchise tax forms Limited partners. State franchise tax forms   If you owned an activity as a limited partner, you generally are not treated as materially participating in the activity. State franchise tax forms However, you are treated as materially participating in the activity if you met test (1), (5), or (6) under Material participation tests , discussed earlier, for the tax year. State franchise tax forms   You are not treated as a limited partner, however, if you also were a general partner in the partnership at all times during the partnership's tax year ending with or within your tax year (or, if shorter, during that part of the partnership's tax year in which you directly or indirectly owned your limited partner interest). State franchise tax forms Retired or disabled farmer and surviving spouse of a farmer. State franchise tax forms   If you are a retired or disabled farmer, you are treated as materially participating in a farming activity if you materially participated for 5 or more of the 8 years before your retirement or disability. State franchise tax forms Similarly, if you are a surviving spouse of a farmer, you are treated as materially participating in a farming activity if the real property used in the activity meets the estate tax rules for special valuation of farm property passed from a qualifying decedent, and you actively manage the farm. State franchise tax forms Corporations. State franchise tax forms   A closely held corporation or a personal service corporation is treated as materially participating in an activity only if one or more shareholders holding more than 50% by value of the outstanding stock of the corporation materially participate in the activity. State franchise tax forms   A closely held corporation can also satisfy the material participation standard by meeting the first two requirements for the qualifying business exception from the at-risk limits. State franchise tax forms See Special exception for qualified corporations under Activities Covered by the At-Risk Rules, later. State franchise tax forms Real Estate Professional Generally, rental activities are passive activities even if you materially participated in them. State franchise tax forms However, if you qualified as a real estate professional, rental real estate activities in which you materially participated are not passive activities. State franchise tax forms For this purpose, each interest you have in a rental real estate activity is a separate activity, unless you choose to treat all interests in rental real estate activities as one activity. State franchise tax forms See the Instructions for Schedule E (Form 1040), Supplemental Income and Loss, for information about making this choice. State franchise tax forms If you qualified as a real estate professional for 2013, report income or losses from rental real estate activities in which you materially participated as nonpassive income or losses, and complete line 43 of Schedule E (Form 1040). State franchise tax forms If you also have an unallowed loss from these activities from an earlier year when you did not qualify, see Treatment of former passive activities under Passive Activities, earlier. State franchise tax forms Qualifications. State franchise tax forms   You qualified as a real estate professional for the year if you met both of the following requirements. State franchise tax forms More than half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated. State franchise tax forms You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated. State franchise tax forms   Do not count personal services you performed as an employee in real property trades or businesses unless you were a 5% owner of your employer. State franchise tax forms You were a 5% owner if you owned (or are considered to have owned) more than 5% of your employer's outstanding stock, outstanding voting stock, or capital or profits interest. State franchise tax forms   If you file a joint return, do not count your spouse's personal services to determine whether you met the preceding requirements. State franchise tax forms However, you can count your spouse's participation in an activity in determining if you materially participated. State franchise tax forms Real property trades or businesses. State franchise tax forms   A real property trade or business is a trade or business that does any of the following with real property. State franchise tax forms Develops or redevelops it. State franchise tax forms Constructs or reconstructs it. State franchise tax forms Acquires it. State franchise tax forms Converts it. State franchise tax forms Rents or leases it. State franchise tax forms Operates or manages it. State franchise tax forms Brokers it. State franchise tax forms Closely held corporations. State franchise tax forms   A closely held corporation can qualify as a real estate professional if more than 50% of the gross receipts for its tax year came from real property trades or businesses in which it materially participated. State franchise tax forms Passive Activity Income and Deductions In figuring your net income or loss from a passive activity, take into account only passive activity income and passive activity deductions. State franchise tax forms Self-charged interest. State franchise tax forms   Certain self-charged interest income or deductions may be treated as passive activity gross income or passive activity deductions if the loan proceeds are used in a passive activity. State franchise tax forms   Generally, self-charged interest income and deductions result from loans between you and a partnership or S corporation in which you had a direct or indirect ownership interest. State franchise tax forms This includes both loans you made to the partnership or S corporation and loans the partnership or S corporation made to you. State franchise tax forms   It also includes loans from one partnership or S corporation to another partnership or S corporation if each owner in the borrowing entity has the same proportional ownership interest in the lending entity. State franchise tax forms    Exception. State franchise tax forms The self-charged interest rules do not apply to your interest in a partnership or S corporation if the entity made an election under Regulations section 1. State franchise tax forms 469-7(g) to avoid the application of these rules. State franchise tax forms For more details on the self-charged interest rules, see Regulations section 1. State franchise tax forms 469-7. State franchise tax forms Passive Activity Income Passive activity income includes all income from passive activities and generally includes gain from disposition of an interest in a passive activity or property used in a passive activity. State franchise tax forms Passive activity income does not include the following items. State franchise tax forms Income from an activity that is not a passive activity. State franchise tax forms These activities are discussed under Activities That Are Not Passive Activities , earlier. State franchise tax forms Portfolio income. State franchise tax forms This includes interest, dividends, annuities, and royalties not derived in the ordinary course of a trade or business. State franchise tax forms It includes gain or loss from the disposition of property that produces these types of income or that is held for investment. State franchise tax forms The exclusion for portfolio income does not apply to self-charged interest treated as passive activity income. State franchise tax forms For more information on self-charged interest, see Self-charged interest , earlier. State franchise tax forms Personal service income. State franchise tax forms This includes salaries, wages, commissions, self-employment income from trade or business activities in which you materially participated, deferred compensation, taxable social security and other retirement benefits, and payments from partnerships to partners for personal services. State franchise tax forms Income from positive section 481 adjustments allocated to activities other than passive activities. State franchise tax forms (Section 481 adjustments are adjustments that must be made due to changes in your accounting method. State franchise tax forms ) Income or gain from investments of working capital. State franchise tax forms Income from an oil or gas property if you treated any loss from a working interest in the property for any tax year beginning after 1986 as a nonpassive loss, as discussed in item (2) under Activities That Are Not Passive Activities , earlier. State franchise tax forms This also applies to income from other oil and gas property the basis of which is determined wholly or partly by the basis of the property in the preceding sentence. State franchise tax forms Any income from intangible property, such as a patent, copyright, or literary, musical, or artistic composition, if your personal efforts significantly contributed to the creation of the property. State franchise tax forms Any other income that must be treated as nonpassive income. State franchise tax forms See Recharacterization of Passive Income , later. State franchise tax forms Overall gain from any interest in a publicly traded partnership. State franchise tax forms See Publicly Traded Partnerships (PTPs) in the instructions for Form 8582. State franchise tax forms State, local, and foreign income tax refunds. State franchise tax forms Income from a covenant not to compete. State franchise tax forms Reimbursement of a casualty or theft loss included in gross income to recover all or part of a prior year loss deduction, if the loss deduction was not a passive activity deduction. State franchise tax forms Alaska Permanent Fund dividends. State franchise tax forms Cancellation of debt income, if at the time the debt is discharged the debt is not allocated to passive activities under the interest expense allocation rules. State franchise tax forms See chapter 4 of Publication 535, Business Expenses, for information about the rules for allocating interest. State franchise tax forms Disposition of property interests. State franchise tax forms   Gain on the disposition of an interest in property generally is passive activity income if, at the time of the disposition, the property was used in an activity that was a passive activity in the year of disposition. State franchise tax forms The gain generally is not passive activity income if, at the time of disposition, the property was used in an activity that was not a passive activity in the year of disposition. State franchise tax forms An exception to this general rule may apply if you previously used the property in a different activity. State franchise tax forms Exception for more than one use in the preceding 12 months. State franchise tax forms   If you used the property in more than one activity during the 12-month period before its disposition, you must allocate the gain between the activities on a basis that reasonably reflects the property's use during that period. State franchise tax forms Any gain allocated to a passive activity is passive activity income. State franchise tax forms   For this purpose, an allocation of the gain solely to the activity in which the property was mainly used during that period reasonably reflects the property's use if the fair market value of your interest in the property is not more than the lesser of: $10,000, or 10% of the total of the fair market value of your interest in the property and the fair market value of all other property used in that activity immediately before the disposition. State franchise tax forms Exception for substantially appreciated property. State franchise tax forms   The gain is passive activity income if the fair market value of the property at disposition was more than 120% of its adjusted basis and either of the following conditions applies. State franchise tax forms You used the property in a passive activity for 20% of the time you held your interest in the property. State franchise tax forms You used the property in a passive activity for the entire 24-month period before its disposition. State franchise tax forms If neither condition applies, the gain is not passive activity income. State franchise tax forms However, it is treated as portfolio income only if you held the property for investment for more than half of the time you held it in nonpassive activities. State franchise tax forms   For this purpose, treat property you held through a corporation (other than an S corporation) or other entity whose owners receive only portfolio income as property held in a nonpassive activity and as property held for investment. State franchise tax forms Also, treat the date you agree to transfer your interest for a fixed or determinable amount as the disposition date. State franchise tax forms   If you used the property in more than one activity during the 12-month period before its disposition, this exception applies only to the part of the gain allocated to a passive activity under the rules described in the preceding discussion. State franchise tax forms Disposition of property converted to inventory. State franchise tax forms   If you disposed of property that you had converted to inventory from its use in another activity (for example, you sold condominium units you previously held for use in a rental activity), a special rule may apply. State franchise tax forms Under this rule, you disregard the property's use as inventory and treat it as if it were still used in that other activity at the time of disposition. State franchise tax forms This rule applies only if you meet all of the following conditions. State franchise tax forms At the time of disposition, you held your interest in the property in a dealing activity (an activity that involves holding the property or similar property mainly for sale to customers in the ordinary course of a trade or business). State franchise tax forms Your other activities included a nondealing activity (an activity that does not involve holding similar property for sale to customers in the ordinary course of a trade or business) in which you used the property for more than 80% of the period you held it. State franchise tax forms You did not acquire or hold your interest in the property for the main purpose of selling it to customers in the ordinary course of a trade or business. State franchise tax forms Passive Activity Deductions Generally, a deduction is a passive activity deduction for a taxable year if and only if such deduction either: Arises in connection with the conduct of an activity that is a passive activity for the tax year; or Is treated as a deduction from an activity for the tax year because it was disallowed by the passive activity rules in the preceding year and carried forward to the tax year. State franchise tax forms For purposes of item (1), above, an item of deduction arises in the taxable year in which the item would be allowable as a deduction under the taxpayer's method of accounting if taxable income for all taxable years were determined without regard to the passive activity rules and without regard to the basis, excess farm loss, and at-risk limits. State franchise tax forms See Coordination with other limitations on deductions that apply before the passive activity rules , later. State franchise tax forms Passive activity deductions generally include losses from dispositions of property used in a passive activity at the time of the disposition and losses from a disposition of less than your entire interest in a passive activity. State franchise tax forms Exceptions. State franchise tax forms   Passive activity deductions do not include the following items. State franchise tax forms Deductions for expenses (other than interest expense) that are clearly and directly allocable to portfolio income. State franchise tax forms Qualified home mortgage interest, capitalized interest expenses, and other interest expenses (other than self-charged interest) properly allocable to passive activities. State franchise tax forms For more information on self-charged interest, see Self-charged interest under Passive Activity Income and Deductions, earlier. State franchise tax forms Losses from dispositions of property that produce portfolio income or property held for investment. State franchise tax forms State, local, and foreign income taxes. State franchise tax forms Miscellaneous itemized deductions that may be disallowed because of the 2%-of-adjusted-gross-income limit. State franchise tax forms Charitable contribution deductions. State franchise tax forms Net operating loss deductions. State franchise tax forms Percentage depletion carryovers for oil and gas wells. State franchise tax forms Capital loss carrybacks and carryovers. State franchise tax forms Items of deduction from a passive activity that are disallowed under the limits on deductions that apply before the passive activity rules. State franchise tax forms See Coordination with other limitations on deductions that apply before the passive activity rules , later. State franchise tax forms Deductions and losses that would have been allowed for tax years beginning before 1987 but for basis or at-risk limits. State franchise tax forms Net negative section 481 adjustments allocated to activities other than passive activities. State franchise tax forms (Section 481 adjustments are adjustments required due to changes in accounting methods. State franchise tax forms ) Casualty and theft losses, unless losses similar in cause and severity recur regularly in the activity. State franchise tax forms The deduction for the employer-equivalent portion of self-employment tax. State franchise tax forms Coordination with other limitations on deductions that apply before the passive activity rules. State franchise tax forms   An item of deduction from a passive activity that is disallowed for a tax year under the basis or at-risk limitations is not a passive activity deduction for the tax year. State franchise tax forms The following sections provide rules for figuring the extent to which items of deduction from a passive activity are disallowed for a tax year under the basis or at-risk limitations. State franchise tax forms Proration of deductions disallowed under basis limitations. State franchise tax forms   If any amount of your distributive share of a partnership's loss for the tax year is disallowed under the basis limitation, a ratable portion of your distributive share of each item of deduction or loss of the partnership is disallowed for the tax year. State franchise tax forms For this purpose, the ratable portion of an item of deduction or loss is the amount of such item multiplied by the fraction obtained by dividing: The amount of your distributive share of partnership loss that is disallowed for the taxable year; by The sum of your distributive shares of all items of deduction and loss of the partnership for the tax year. State franchise tax forms   If any amount of your pro rata share of an S corporation's loss for the tax year is disallowed under the basis limitation, a ratable portion of your pro rata share of each item of deduction or loss of the S corporation is disallowed for the tax year. State franchise tax forms For this purpose, the ratable portion of an item of deduction or loss is the amount of such item multiplied by the fraction obtained by dividing: The amount of your share of S corporation loss that is disallowed for the tax year; by The sum of your pro rata shares of all items of deduction and loss of the corporation for the tax year. State franchise tax forms Proration of deductions disallowed under at-risk limitation. State franchise tax forms   If any amount of your loss from an activity (as defined in Activities Covered by the At-Risk Rules , later) is disallowed under the at-risk rules for the tax year, a ratable portion of each item of deduction or loss from the activity is disallowed for the tax year. State franchise tax forms For this purpose, the ratable portion of an item of deduction or loss is the amount of such item multiplied by the fraction obtained by dividing: The amount of the loss from the activity that is disallowed for the tax year; by The sum of all deductions from the activity for the taxable year. State franchise tax forms Coordination of basis and at-risk limitations. State franchise tax forms   The portion of any item of deduction or loss that is disallowed for the tax year under the basis limitations is not taken into account for the taxable year in determining the loss from an activity (as defined in Activities Covered by the At-Risk Rules , later) for purposes of applying the at-risk rules. State franchise tax forms Separately identified items of deduction and loss. State franchise tax forms   In identifying the items of deduction and loss from an activity that are not disallowed under the basis and at-risk limitations (and that therefore may be treated as passive activity deductions), you need not account separately for any item of deduction or loss unless such item may, if separately taken into account, result in an income tax liability different from that which would result were such item of deduction or loss taken into account separately. State franchise tax forms   Items of deduction or loss that must be accounted for separately include (but are not limited to) items of deduction or loss that: Are attributable to separate activities. State franchise tax forms See Grouping Your Activities , later. State franchise tax forms Arise in a rental real estate activity in tax years in which you actively participate in such activity; Arise in a rental real estate activity in taxable years in which you do not actively participate in such activity; Arose in a taxable year beginning before 1987 and were not allowed for such taxable year under the basis or at-risk limitations; Are taken into account under section 613A(d) (relating to limitations on certain depletion deductions); Are taken into account under section 1211 (relating to the limitation on capital losses); Are taken into account under section 1231 (relating to property used in a trade or business and involuntary conversions). State franchise tax forms See Section 1231 Gains and Losses in Publication 544 for more information. State franchise tax forms Are attributable to pre-enactment interests in activities. State franchise tax forms See Regulations section 1. State franchise tax forms 469-11T(c). State franchise tax forms Grouping Your Activities You can treat one or more trade or business activities, or rental activities, as a single activity if those activities form an appropriate economic unit for measuring gain or loss under the passive activity rules. State franchise tax forms Grouping is important for a number of reasons. State franchise tax forms If you group two activities into one larger activity, you need only show material participation in the activity as a whole. State franchise tax forms But if the two activities are separate, you must show material participation in each one. State franchise tax forms On the other hand, if you group two activities into one larger activity and you dispose of one of the two, then you have disposed of only part of your entire interest in the activity. State franchise tax forms But if the two activities are separate and you dispose of one of them, then you have disposed of your entire interest in that activity. State franchise tax forms Grouping can also be important in determining whether you meet the 10% ownership requirement for actively participating in a rental real estate activity. State franchise tax forms Appropriate Economic Units Generally, to determine if activities form an appropriate economic unit, you must consider all the relevant facts and circumstances. State franchise tax forms You can use any reasonable method of applying the relevant facts and circumstances in grouping activities. State franchise tax forms The following factors have the greatest weight in determining whether activities form an appropriate economic unit. State franchise tax forms All of the factors do not have to apply to treat more than one activity as a single activity. State franchise tax forms The factors that you should consider are: The similarities and differences in the types of trades or businesses, The extent of common control, The extent of common ownership, The geographical location, and The interdependencies between or among activities, which may include the extent to which the activities: Buy or sell goods between or among themselves, Involve products or services that are generally provided together, Have the same customers, Have the same employees, or Use a single set of books and records to account for the activities. State franchise tax forms Example 1. State franchise tax forms John Jackson owns a bakery and a movie theater at a shopping mall in Baltimore and a bakery and movie theater in Philadelphia. State franchise tax forms Based on all the relevant facts and circumstances, there may be more than one reasonable method for grouping John's activities. State franchise tax forms For example, John may be able to group the movie theaters and the bakeries into: One activity, A movie theater activity and a bakery activity, A Baltimore activity and a Philadelphia activity, or Four separate activities. State franchise tax forms Example 2. State franchise tax forms Betty is a partner in ABC partnership, which sells nonfood items to grocery stores. State franchise tax forms Betty is also a partner in DEF (a trucking business). State franchise tax forms ABC and DEF are under common control. State franchise tax forms The main part of DEF's business is transporting goods for ABC. State franchise tax forms DEF is the only trucking business in which Betty is involved. State franchise tax forms Based on the rules of this section, Betty treats ABC's wholesale activity and DEF's trucking activity as a single activity. State franchise tax forms Consistency and disclosure requirement. State franchise tax forms   Generally, when you group activities into appropriate economic units, you may not regroup those activities in a later tax year. State franchise tax forms You must meet any disclosure requirements of the IRS when you first group your activities and when you add or dispose of any activities in your groupings. State franchise tax forms   However, if the original grouping is clearly inappropriate or there is a material change in the facts and circumstances that makes the original grouping clearly inappropriate, you must regroup the activities and comply with any disclosure requirements of the IRS. State franchise tax forms   See Disclosure Requirement , later. State franchise tax forms Regrouping by the IRS. State franchise tax forms   If any of the activities resulting from your grouping is not an appropriate economic unit and one of the primary purposes of your grouping (or failure to regroup) is to avoid the passive activity rules, the IRS may regroup your activities. State franchise tax forms Rental activities. State franchise tax forms   In general, you cannot group a rental activity with a trade or business activity. State franchise tax forms However, you can group them together if the activities form an appropriate economic unit and: The rental activity is insubstantial in relation to the trade or business activity, The trade or business activity is insubstantial in relation to the rental activity, or Each owner of the trade or business activity has the same ownership interest in the rental activity, in which case the part of the rental activity that involves the rental of items of property for use in the trade or business activity may be grouped with the trade or business activity. State franchise tax forms Example. State franchise tax forms Herbert and Wilma are married and file a joint return. State franchise tax forms Healthy Food, an S corporation, is a grocery store business. State franchise tax forms Herbert is Healthy Food's only shareholder. State franchise tax forms Plum Tower, an S corporation, owns and rents out the building. State franchise tax forms Wilma is Plum Tower's only shareholder. State franchise tax forms Plum Tower rents part of its building to Healthy Food. State franchise tax forms Plum Tower's grocery store rental business and Healthy Food's grocery business are not insubstantial in relation to each other. State franchise tax forms Herbert and Wilma file a joint return, so they are treated as one taxpayer for purposes of the passive activity rules. State franchise tax forms The same owner (Herbert and Wilma) owns both Healthy Food and Plum Tower with the same ownership interest (100% in each). State franchise tax forms If the grouping forms an appropriate economic unit, as discussed earlier, Herbert and Wilma can group Plum Tower's grocery store rental and Healthy Food's grocery business into a single trade or business activity. State franchise tax forms Grouping of real and personal property rentals. State franchise tax forms   In general, you cannot treat an activity involving the rental of real property and an activity involving the rental of personal property as a single activity. State franchise tax forms However, you can treat them as a single activity if you provide the personal property in connection with the real property or the real property in connection with the personal property. State franchise tax forms Certain activities may not be grouped. State franchise tax forms   In general, if you own an interest as a limited partner or a limited entrepreneur in one of the following activities, you may not group that activity with any other activity in another type of business. State franchise tax forms Holding, producing, or distributing motion picture films or video tapes. State franchise tax forms Farming. State franchise tax forms Leasing any section 1245 property (as defined in section 1245(a)(3) of the Internal Revenue Code). State franchise tax forms For a list of section 1245 property, see Section 1245 property under Activities Covered by the At-Risk Rules , later. State franchise tax forms Exploring for, or exploiting, oil and gas resources. State franchise tax forms Exploring for, or exploiting, geothermal deposits. State franchise tax forms   If you own an interest as a limited partner or a limited entrepreneur in an activity described in the list above, you may group that activity with another activity in the same type of business if the grouping forms an appropriate economic unit as discussed earlier. State franchise tax forms Limited entrepreneur. State franchise tax forms   A limited entrepreneur is a person who: Has an interest in an enterprise other than as a limited partner, and Does not actively participate in the management of the enterprise. State franchise tax forms Activities conducted through another entity. State franchise tax forms   A personal service corporation, closely held corporation, partnership, or S corporation must group its activities using the rules discussed in this section. State franchise tax forms Once the entity groups its activities, you, as the partner or shareholder of the entity, may group those activities (following the rules of this section): With each other, With activities conducted directly by you, or With activities conducted through other entities. State franchise tax forms    You may not treat activities grouped together by the entity as separate activities. State franchise tax forms Personal service and closely held corporations. State franchise tax forms   You may group an activity conducted through a personal service or closely held corporation with your other activities only to determine whether you materially or significantly participated in those other activities. State franchise tax forms See Material Participation , earlier, and Significant Participation Passive Activities , later. State franchise tax forms Publicly traded partnership (PTP). State franchise tax forms   You may not group activities conducted through a PTP with any other activity, including an activity conducted through another PTP. State franchise tax forms Partial dispositions. State franchise tax forms   If you dispose of substantially all of an activity during your tax year, you may treat the part disposed of as a separate activity. State franchise tax forms However, you can do this only if you can show with reasonable certainty: The amount of deductions and credits disallowed in prior years under the passive activity rules that is allocable to the part of the activity disposed of, and The amount of gross income and any other deductions and credits for the current tax year that is allocable to the part of the activity disposed of. State franchise tax forms Disclosure Requirement For tax years beginning after January 24, 2010, the following disclosure requirements for groupings apply. State franchise tax forms You are required to report certain changes to your groupings that occur during the tax year to the IRS. State franchise tax forms If you fail to report these changes, each trade or business activity or rental activity will be treated as a separate activity. State franchise tax forms You will be considered to have made a timely disclosure if you filed all affected income tax returns consistent with the claimed grouping and make the required disclosure on the income tax return for the year in which you first discovered the failure to disclose. State franchise tax forms If the IRS discovered the failure to disclose, you must have reasonable cause for not making the required disclosure. State franchise tax forms New grouping. State franchise tax forms   You must file a written statement with your original income tax return for the first tax year in which two or more activities are originally grouped into a single activity. State franchise tax forms The statement must provide the names, addresses, and employer identification numbers (EINs), if applicable, for the activities being grouped as a single activity. State franchise tax forms In addition, the statement must contain a declaration that the grouped activities make up an appropriate economic unit for the measurement of gain or loss under the passive activity rules. State franchise tax forms Addition to an existing grouping. State franchise tax forms   You must file a written statement with your original income tax return for the tax year in which you add a new activity to an existing group. State franchise tax forms The statement must provide the name, address, and EIN, if applicable, for the activity that is being added and for the activities in the existing group. State franchise tax forms In addition, the statement must contain a declaration that the activities make up an appropriate economic unit for the measurement of gain or loss under the passive activity rules. State franchise tax forms Regrouping. State franchise tax forms   You must file a written statement with your original income tax return for the tax year in which you regroup the activities. State franchise tax forms The statement must provide the names, addresses, and EINs, if applicable, for the activities that are being regrouped. State franchise tax forms If two or more activities are being regrouped into a single activity, the statement must contain a declaration that the regrouped activities make up an appropriate economic unit for the measurement of gain or loss under the passive activity rules. State franchise tax forms In addition, the statement must contain an explanation of the material change in the facts and circumstances that made the original grouping clearly inappropriate. State franchise tax forms Groupings by partnerships and S corporations. State franchise tax forms   Partnerships and S corporations are not subject to the rules for new grouping, addition to an existing grouping, or regrouping. State franchise tax forms Instead, they must comply with the disclosure instructions for grouping activities provided in their Form 1065, U. State franchise tax forms S. State franchise tax forms Return of Partnership Income, or Form 1120S, U. State franchise tax forms S. State franchise tax forms Income Tax Return for an S Corporation, whichever is applicable. State franchise tax forms   The partner or shareholder is not required to make a separate disclosure of the groupings disclosed by the entity unless the partner or shareholder: Groups together any of the activities that the entity does not group together, Groups the entity's activities with activities conducted directly by the partner or shareholder, or Groups an entity's activities with activities conducted through another entity. State franchise tax forms   A partner or shareholder may not treat activities grouped together by the entity as separate activities. State franchise tax forms Recharacterization of Passive Income Net income from the following passive activities may have to be recharacterized and excluded from passive activity income. State franchise tax forms Significant participation passive activities, Rental of property when less than 30% of the unadjusted basis of the property is subject to depreciation, Equity-financed lending activities, Rental of property incidental to development activities, Rental of property to nonpassive activities, and Licensing of intangible property by  pass-through entities. State franchise tax forms If you are engaged in or have an interest in one of these activities during the tax year (either directly or through a partnership or an S corporation), combine the income and losses from the activity to determine if you have a net loss or net income from that activity. State franchise tax forms If the result is a net loss, treat the income and losses the same as any other income or losses from that type of passive activity (trade or business activity or rental activity). State franchise tax forms If the result is net income, do not enter any of the income or losses from the activity or property on Form 8582 or its worksheets. State franchise tax forms Instead, enter income or losses on the form and schedules you normally use. State franchise tax forms However, see Significant Participation Passive Activities , later, if the activity is a significant participation passive activity and you also have a net loss from a different significant participation passive activity. State franchise tax forms Limit on recharacterized passive income. State franchise tax forms   The total amount that you treat as nonpassive income under the rules described later in this discussion for significant participation passive activities, rental of nondepreciable property, and equity-financed lending activities cannot exceed the greatest amount that you treat as nonpassive income under any one of these rules. State franchise tax forms Investment income and investment expense. State franchise tax forms   To figure your investment interest expense limitation on Form 4952, treat as investment income any net passive income recharacterized as nonpassive income from rental of nondepreciable property, equity-financed lending activity, or licensing of intangible property by a pass-through entity. State franchise tax forms Significant Participation Passive Activities A significant participation passive activity is any trade or business activity in which you participated for more than 100 hours during the tax year but did not materially participate. State franchise tax forms If your gross income from all significant participation passive activities is more than your deductions from those activities, a part of your net income from each significant participation passive activity is treated as nonpassive income. State franchise tax forms Corporations. State franchise tax forms   An activity of a personal service corporation or closely held corporation is a significant participation passive activity if both of the following statements are true. State franchise tax forms The corporation is not treated as materially participating in the activity for the year. State franchise tax forms One or more individuals, each of whom is treated as significantly participating in the activity, directly or indirectly hold (in total) more than 50% (by value) of the corporation's outstanding stock. State franchise tax forms Worksheet A. State franchise tax forms   Complete Worksheet A. State franchise tax forms Significant Participation Passive Activities , below, if you have income or losses from any significant participation activity. State franchise tax forms Begin by entering the name of each activity in the left column. State franchise tax forms Column (a). State franchise tax forms   Enter the number of hours you participated in each activity and total the column. State franchise tax forms   If the total is more than 500, do not complete Worksheet A or B. State franchise tax forms None of the activities are passive activities because you satisfy test 4 for material participation. State franchise tax forms (See Material participation tests , earlier. State franchise tax forms ) Report all the income and losses from these activities on the forms and schedules you normally use. State franchise tax forms Do not include the income and losses on Form 8582. State franchise tax forms Column (b). State franchise tax forms   Enter the net loss, if any, from the activity. State franchise tax forms Net loss from an activity means either: The activity's current year net loss (if any) plus prior year unallowed losses (if any), or The excess of prior year unallowed losses over the current year net income (if any). State franchise tax forms Enter -0- here if the prior year unallowed loss is the same as the current year net income. State franchise tax forms Column (c). State franchise tax forms   Enter net income (if any) from the activity. State franchise tax forms Net income means the excess of the current year's net income from the activity over any prior year unallowed losses from the activity. State franchise tax forms Column (d). State franchise tax forms   Combine amounts in the Totals row for columns (b) and (c) and enter the total net income or net loss in the Totals row of column (d). State franchise tax forms If column (d) is a net loss, skip Worksheet B, Significant Participation Activities With Net Income. State franchise tax forms Include the income and losses in Worksheet 3 of Form 8582 (or Worksheet 2 in the Form 88