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State Tax Filing Software

State tax filing software 28. State tax filing software   Deducciones Misceláneas Table of Contents Qué Hay de Nuevo Introduction Useful Items - You may want to see: Deducciones Sujetas al Límite del 2%Gastos del Empleado no Reembolsados (Línea 21) Costos de la Preparación de la Declaración de Impuestos (Línea 22) Otros Gastos (Línea 23) Deducciones no Sujetas al Límite del 2%Lista de Deducciones Gastos no DeduciblesLista de Gastos no Deducibles Qué Hay de Nuevo Tarifa estándar por milla. State tax filing software  La tarifa para uso comercial de un vehículo en 2013 es 56½ centavos por milla. State tax filing software Introduction Este capítulo explica qué gastos pueden declararse como deducciones detalladas misceláneas en el Anexo A (Formulario 1040). State tax filing software Usted tendrá que reducir por el 2% de su ingreso bruto ajustado el total de la mayoría de las deducciones misceláneas detalladas. State tax filing software Este capítulo trata los siguientes temas: Deducciones sujetas al límite del 2%. State tax filing software Deducciones no sujetas al límite del 2%. State tax filing software Gastos que no se pueden deducir. State tax filing software Tiene que guardar documentación para verificar sus deducciones. State tax filing software Debe guardar sus recibos, cheques cancelados, cheques sustitutivos, estados de cuentas financieras y otros documentos comprobantes. State tax filing software Si desea obtener más información sobre el mantenimiento de documentación, obtenga la Publicación 552, Recordkeeping for Individuals (Mantenimiento de documentación para personas físicas), en inglés. State tax filing software Useful Items - You may want to see: Publicación 463 Travel, Entertainment, Gift, and Car Expenses (Gastos de viaje, entretenimiento, regalos y automóvil), en inglés 525 Taxable and Nontaxable Income (El ingreso tributable y no tributable), en inglés 529 Miscellaneous Deductions (Deducciones misceláneas), en inglés 535 Business Expenses (Gastos de negocios), en inglés 587 Business Use of Your Home (Including Use by Daycare Providers) (Uso de su domicilio para propósitos comerciales (incluyendo el uso por proveedores de cuidado infantil)), en inglés 946 How To Depreciate Property (Cómo depreciar la propiedad), en inglés Formulario (e Instrucciones) Anexo A (Formulario 1040) Itemized Deductions (Deducciones detalladas), en inglés 2106 Employee Business Expenses (Gastos de negocio del empleado), en inglés 2106-EZ Unreimbursed Employee Business Expenses (Gastos de negocio del empleado no reembolsados), en inglés Deducciones Sujetas al Límite del 2% Usted puede deducir ciertos gastos como deducciones detalladas misceláneas en el Anexo A (Formulario 1040). State tax filing software Puede deducir la parte de sus gastos que supere al 2% de su ingreso bruto ajustado. State tax filing software Se calcula la deducción en el Anexo A; restando el 2% de sus ingresos brutos ajustados del total de estos gastos. State tax filing software Su ingreso bruto ajustado es la cifra escrita en la línea 38 del Formulario 1040. State tax filing software Por lo general, se aplica el límite del 2% después de aplicar los demás límites de deducciones. State tax filing software Por ejemplo, el límite del 50% (o del 80%) sobre comidas y entretenimiento relacionados con los negocios (explicado en el capítulo 26) se aplica antes de aplicar el límite del 2%. State tax filing software Las deducciones sujetas al límite del 2% se explican aquí de acuerdo con las tres categorías en las cuales los declara en el Anexo A (Formulario 1040): Gastos del empleado no reembolsados (línea 21). State tax filing software Costos de la preparación de la declaración de impuestos (línea 22). State tax filing software Otros gastos (línea 23). State tax filing software Gastos del Empleado no Reembolsados (Línea 21) Generalmente, uno puede deducir en la línea 21 del Anexo A (Formulario 1040) los gastos del empleado no reembolsados que: Pague o en los que incurra durante el año tributario, Sean necesarios para llevar a cabo su oficio o negocio como empleado y Sean ordinarios y necesarios. State tax filing software Un gasto es “ordinario” si es común y aceptado en su oficio, negocio o profesión. State tax filing software Un gasto es necesario si es adecuado y útil para su negocio. State tax filing software Un gasto no tiene que ser obligatorio para considerarse necesario. State tax filing software A continuación se indican algunos ejemplos de gastos del empleado no reembolsados. State tax filing software Después de la lista encontrará otros ejemplos de gastos del empleado no reembolsados. State tax filing software Deudas incobrables incurridas por un empleado en la ejecución de su trabajo. State tax filing software Educación relacionada con el trabajo. State tax filing software (Vea el capítulo 27). State tax filing software Honorarios legales relacionados con su trabajo. State tax filing software Licencias y tarifas reglamentarias. State tax filing software Primas de seguro contra negligencia profesional. State tax filing software Exámenes médicos requeridos por un empleador. State tax filing software Impuestos sobre una profesión u ocupación. State tax filing software Pasaporte para un viaje de negocios. State tax filing software Suscripciones a revistas profesionales y de industria relacionadas con su trabajo. State tax filing software Viajes, transporte, entretenimiento y regalos relacionados con su trabajo. State tax filing software (Vea el capítulo 26). State tax filing software Seguro de Responsabilidad Comercial Puede deducir las primas de seguro que pagó para protegerse contra responsabilidad personal por actos ilícitos en el trabajo. State tax filing software Daños por Incumplimiento de Contrato de Empleo Si deja de cumplir con un contrato de empleo, puede deducir los daños que pague a su antiguo empleador que sean atribuibles a la paga que había recibido de ese empleador. State tax filing software Depreciación de Computadoras Puede declarar una deducción por depreciación de una computadora que usted usa en el trabajo como empleado si su uso: Es para conveniencia de su empleador y Se requiere como una condición de su empleo. State tax filing software Para obtener información acerca de las reglas y excepciones a las reglas que afectan las deducciones permitidas por una computadora en su casa, vea la Publicación 529, en inglés. State tax filing software Cuotas a Cámaras de Comercio y Asociaciones Profesionales Es posible que pueda deducir cuotas pagadas a organizaciones profesionales (como asociaciones de abogados y asociaciones médicas) y a cámaras de comercio y organizaciones parecidas, si la afiliación le ayuda a realizar los deberes de su trabajo. State tax filing software Estas organizaciones incluyen: Juntas comerciales, Asociaciones comerciales, Organizaciones cívicas o de servicios públicos, Juntas de bienes raíces y Asociaciones profesionales. State tax filing software Actividades políticas y de cabildeo. State tax filing software   Quizás no pueda deducir la parte de sus cuotas destinada a ciertas actividades políticas y de cabildeo. State tax filing software Vea Cuotas usadas para cabildeo bajo Gastos no Deducibles, más adelante. State tax filing software Gastos del Educador Si en el año 2013 usted era un educador que reunía los requisitos, usted puede deducir hasta $250 de gastos calificados que usted pagó en el año 2013 como ajuste a los ingresos brutos, en la línea 23 del Formulario 1040, en vez de una deducción detallada miscelánea. State tax filing software Si presenta el Formluario 1040A, usted podría deducir estos gastos en la línea 16. State tax filing software Si usted y su cónyuge están presentando una declaración conjunta y ambos fueron educadores calificados, la deducción máxima es $500. State tax filing software No obstante, ninguno puede deducir más de $250 como gastos calificados. State tax filing software Oficina en el Domicilio Si de manera habitual, usted usa una parte de su domicilio exclusivamente para propósitos comerciales, tal vez pueda deducir una parte de los gastos de operación y depreciación de su domicilio. State tax filing software Puede reclamar esta deducción por el uso comercial de una parte de su domicilio sólo si utiliza esa parte habitual y exclusivamente: Como el lugar principal de negocios para algún oficio o negocio, Como lugar para reunirse o recibir a sus pacientes o clientes en el transcurso normal de su oficio o negocio o En el caso de un edificio separado no conectado a su domicilio, si lo usa para fines de su oficio o negocio. State tax filing software Dicho uso comercial, habitual y exclusivo tiene que ser para conveniencia de su empleador y no sólo adecuado y útil para su propio trabajo. State tax filing software Vea la Publicación 587, en inglés, para obtener información más detallada y una hoja de trabajo. State tax filing software Gastos Relacionados con la Búsqueda de Empleo Puede deducir determinados gastos que tenga al buscar un nuevo trabajo en su profesión actual, incluso si no lo consigue. State tax filing software Pero no puede deducir estos gastos si: Busca trabajo en una nueva profesión, Hubo una pausa considerable entre el término de su último trabajo y la búsqueda de un trabajo nuevo o Busca trabajo por primera vez. State tax filing software Cuotas de agencias de colocación y empleo. State tax filing software   Puede deducir cuotas que pague a agencias de colocación y empleo que usa como parte de su búsqueda de trabajo en su profesión actual. State tax filing software Si el empleador le devuelve dinero. State tax filing software   Si, en un año posterior, su empleador le devuelve el dinero de las cuotas de agencias de empleo, usted tiene que incluir la cantidad que reciba en sus ingresos brutos hasta que llegue al total del beneficio tributario que recibió en el año anterior. State tax filing software (Vea Recuperaciones de Fondos en el capítulo 12). State tax filing software Si el empleador le paga a la agencia de empleo. State tax filing software   Si su empleador paga las cuotas directamente a la agencia de empleo y usted no es responsable de pagarlas, no puede incluirlas en sus ingresos brutos. State tax filing software Currículum vitae. State tax filing software   Puede deducir lo que gaste para preparar o enviar por correo copias de un currículum vitae a posibles empleadores siempre que busca un trabajo nuevo en su profesión actual. State tax filing software Gastos de viaje y transporte. State tax filing software   Si viaja a algún lugar y durante su estadía busca un trabajo nuevo en su profesión actual, tal vez pueda deducir los gastos de viaje de ida y vuelta al lugar. State tax filing software Puede deducir los gastos de viaje si el viaje se realizó principalmente para buscar un trabajo nuevo. State tax filing software Es importante saber qué parte del tiempo dedique a actividades personales y qué parte del tiempo dedique a buscar trabajo para determinar si el viaje se hizo principalmente por motivos personales o para buscar un trabajo nuevo. State tax filing software   Incluso si no puede deducir los gastos de viaje de ida y vuelta al lugar, puede deducir los gastos de buscar trabajo nuevo en su profesión actual que incurra mientras se encuentra en dicho lugar. State tax filing software   Puede optar por utilizar la tarifa estándar por milla para calcular los gastos de automóvil. State tax filing software La tarifa correspondiente al año 2013 para uso comercial de un vehículo es 56½ centavos por milla. State tax filing software Vea el capítulo 26 para más información. State tax filing software Licencias y Tarifas Reglamentarias Puede deducir la cantidad que pague cada año a gobiernos estatales o locales por licencias y tarifas reglamentarias para su oficio, negocio o profesión. State tax filing software Impuestos Incidentales al Trabajo Puede deducir un impuesto incidental al trabajo que una localidad le cobre a una tarifa fija por el privilegio de trabajar o realizar un negocio dentro de dicha localidad. State tax filing software Si usted es empleado, puede reclamar impuestos incidentales al trabajo sólo como deducción miscelánea sujeta al límite del 2%; no puede reclamarlos como una deducción en otro lugar de su declaración. State tax filing software Reintegro de un Pago de Asistencia Un “pago de asistencia” es aquel pago que se recibe de acuerdo con un plan del empleador para ayudar a los empleados que pierden su empleo debido a la falta de trabajo. State tax filing software Si usted reintegra un pago de asistencia de suma global que recibió y había incluido en sus ingresos en un año anterior, puede deducir dicho reintegro. State tax filing software Gastos de Investigación de un Profesor Universitario Si es profesor universitario, puede deducir los gastos de investigación, incluidos gastos de viaje y gastos en los que incurra por enseñar, dar conferencias o escribir y publicar temas relacionados directamente con su labor de enseñanza. State tax filing software Tiene que haber comenzado la investigación como parte de los deberes de enseñanza que se esperan de un profesor y sin expectativas lucrativas además del sueldo. State tax filing software No obstante, no puede deducir los costos de viajes como una forma de educación. State tax filing software Herramientas Utilizadas en su Trabajo Por lo general, puede deducir los gastos por herramientas que usa en su trabajo si éstas se desgastan y se deshace de ellas dentro de 1 año después de la fecha de compra. State tax filing software Puede depreciar el costo de las herramientas cuya vida sea mayor del año tributario. State tax filing software Para obtener más información acerca de la depreciación, vea la Publicación 946, en inglés. State tax filing software Cuotas y Gastos de Afiliación a un Sindicato Puede deducir cuotas y tarifas iniciales que pague para afiliarse a un sindicato. State tax filing software También puede deducir contribuciones destinadas a los beneficios para miembros del sindicato desempleados. State tax filing software No obstante, no puede deducir la parte de las contribuciones o aportaciones destinadas a los fondos para el pago de beneficios por enfermedad, accidente o fallecimiento. State tax filing software Asimismo, no puede deducir aportaciones a un fondo de pensiones, incluso si el sindicato le exige que realice las aportaciones. State tax filing software Tal vez no pueda deducir las cantidades que pague al sindicato si éstas están relacionadas con determinadas actividades políticas o de cabildeo. State tax filing software Vea Gastos de Cabildeo bajo Gastos no Deducibles, más adelante. State tax filing software Ropa de Trabajo y Uniformes Puede deducir el costo y mantenimiento de la ropa de trabajo si se cumplen los dos requisitos siguientes: Está obligado a usarlas como condición de empleo. State tax filing software La ropa no es adecuada para uso cotidiano. State tax filing software No es suficiente usar ropa distintiva. State tax filing software Su empleador tiene que requerir específicamente esa ropa. State tax filing software Tampoco es suficiente que, de hecho, no use su ropa de trabajo en otro lugar. State tax filing software La ropa no puede servir para reemplazar su ropa habitual. State tax filing software Algunos ejemplos de trabajadores que tal vez puedan deducir el costo y mantenimiento de la ropa de trabajo son: personas que realicen entregas, bomberos, proveedores de servicios de la salud, agentes encargados de mantener el orden público, carteros, atletas profesionales y trabajadores del transporte (aéreo, ferroviario, terrestre, etc. State tax filing software ). State tax filing software Los músicos y artistas pueden deducir el costo de la ropa y los accesorios de teatro si no son adecuados para su uso cotidiano. State tax filing software Sin embargo, la ropa de trabajo que conste de un gorro blanco, camisa blanca o chaqueta blanca, overol (de pintor) blanco y zapatos de trabajo estándar, como la que debe usar un pintor en su trabajo por exigencia de su sindicato, no es distintiva en cuanto a carácter ni a la naturaleza del uniforme. State tax filing software Igualmente, los costos de compra y mantenimiento de ropa de trabajo azul usada por un soldador a solicitud de un capataz no son deducibles. State tax filing software Ropa de protección. State tax filing software   Puede deducir el costo de la ropa de protección obligatoria en su trabajo, como zapatos o botas de seguridad, anteojos de seguridad, cascos y guantes de trabajo. State tax filing software   Algunos ejemplos de trabajadores a los que quizás se les exija usar artículos de seguridad son: carpinteros, trabajadores del cemento, trabajadores de productos químicos, electricistas, tripulación de barcos de pesca, maquinistas, trabajadores de campos petrolíferos, fontaneros, técnicos en tuberías y conductores de camiones. State tax filing software Uniformes militares. State tax filing software   Generalmente, no puede deducir el costo de uniformes si está en servicio activo a tiempo completo en las Fuerzas Armadas. State tax filing software Sin embargo, si es miembro en reserva de las Fuerzas Armadas, puede deducir el costo no reembolsado de su uniforme si los reglamentos militares exigen que su uso se limite a cuando esté en servicio como miembro en reserva. State tax filing software Al calcular la deducción, tiene que deducir del costo la asignación no gravable que reciba por estos gastos. State tax filing software   Si las reglas militares locales no le permiten que use uniformes de faena cuando no esté de servicio, puede deducir la cantidad por la cual el costo de compra y mantenimiento de estos uniformes sea superior a la asignación por uniforme que reciba. State tax filing software   Puede deducir el costo de sus uniformes si es miembro del personal o profesorado civil de una escuela militar. State tax filing software Costos de la Preparación de la Declaración de Impuestos (Línea 22) Generalmente, puede deducir los costos de la preparación de la declaración de impuestos en el año en el que los paga. State tax filing software De este modo, en la declaración de impuestos de 2013, puede deducir los costos pagados en el año 2013 por la preparación de la declaración del año 2012. State tax filing software Estos costos incluyen el costo de los programas de software de preparación de impuestos y publicaciones tributarias. State tax filing software También incluyen todo costo que haya pagado por la presentación electrónica de su declaración. State tax filing software Otros Gastos (Línea 23) Puede deducir otros gastos determinados como deducciones detalladas misceláneas sujetas al límite del 2%. State tax filing software En la línea 23 del Anexo A (Formulario 1040), puede deducir gastos que paga para: Generar o cobrar ingresos que se tienen que incluir en sus ingresos brutos, Administrar, conservar o mantener en buen estado propiedad cuya finalidad es generar un ingreso de estas características o Determinar, impugnar, pagar o solicitar un reembolso de algún impuesto. State tax filing software Puede deducir gastos que pague para los fines indicados en las secciones (1) y (2) anteriores sólo si están razonable y estrechamente relacionados con estos fines. State tax filing software Algunos de estos gastos se explican más adelante. State tax filing software Si los gastos que pague generan ingresos que sólo sean parcialmente tributables, vea Gastos de Ingresos Exentos de Impuestos más adelante, bajo Gastos no Deducibles. State tax filing software Cargos de Tasación Puede deducir cargos de tasación si los paga para calcular una pérdida por hecho fortuito o el valor justo de mercado de una propiedad donada. State tax filing software Pérdidas por Hecho Fortuito y Robo Puede deducir una pérdida por hecho fortuito o robo como una deducción detallada miscelánea sujeta al límite del 2% si utilizaba la propiedad dañada o robada para realizar servicios como empleado. State tax filing software Primero declare la pérdida en la Sección B del Formulario 4684, Casualties and Thefts (Hechos fortuitos y robos), en inglés. State tax filing software Es posible que también tenga que incluir la pérdida en el Formulario 4797, Sales of Business Property (Ventas de propiedades de negocios), también en inglés, si es que está obligado por otras razones a presentar ese formulario. State tax filing software Para calcular su deducción, sume todas las pérdidas por hecho fortuito o robo de este tipo de propiedad que se incluyan en las líneas 32 y 38b del Formulario 4684, o la línea 18a del Formulario 4797, ambos en inglés. State tax filing software Para información sobre otras pérdidas por hecho fortuito o robo, vea el capítulo 25. State tax filing software Apoyo Administrativo y Alquiler de Oficina Puede deducir gastos de oficina, (por ejemplo apoyo administrativo y alquiler), que usted incurre con respecto a sus inversiones y al cobro de los ingresos tributables generados por las mismas. State tax filing software Cargos de Tramitación por el Uso de una Tarjeta de Crédito o Débito Puede deducir el cargo administrativo que le cobra el tramitador de la tarjeta de crédito por efectuar un pago del impuesto sobre los ingresos (inclusive pagos del impuesto estimado) con tarjeta de crédito o débito. State tax filing software Dichos cargos son deducibles en el año en que se paguen. State tax filing software Depreciación de Computadora de Uso Doméstico Puede deducir la depreciación de su computadora de uso doméstico si la utiliza para generar ingresos (por ejemplo, para administrar sus inversiones que generen ingresos tributables). State tax filing software Por lo general, tiene que depreciar la computadora según el método uniforme durante el período de recuperación del Sistema Alternativo de Depreciación (ADS, por sus siglas en inglés). State tax filing software Si trabaja como empleado y también utiliza la computadora en ese trabajo, vea la Publicación 946, en inglés. State tax filing software Deducciones que le Sobran de un Caudal Hereditario Si las deducciones totales de un caudal hereditario en su año tributario anterior son superiores a su ingreso bruto de ese año, los beneficiarios que heredan la propiedad pueden deducir la cantidad que le sobró en exceso. State tax filing software No incluya las deducciones por la exención personal del caudal hereditario y las donaciones con fines benéficos al calcular las deducciones totales del caudal hereditario. State tax filing software Los beneficiarios pueden reclamar la deducción sólo para el año tributario en el que, o con el que, termina el caudal hereditario, sea el año final un año normal o un año tributario corto. State tax filing software Para obtener más información, vea Termination of Estate (Terminación de un caudal hereditario) en la Publicación 559, Survivors, Executors, and Administrators (Sobrevivientes, albaceas y administradores), en inglés. State tax filing software Cargos del Cobro de Intereses y Dividendos Puede deducir cargos que paga a un agente de bolsa, banco, fideicomisario o agente parecido por el cobro de los intereses de los bonos o dividendos de acciones tributables. State tax filing software Sin embargo, no puede deducir un cargo que pague a un agente de bolsa para comprar bienes de inversión, como acciones o bonos. State tax filing software Tiene que agregar el cargo al costo de los bienes. State tax filing software No puede deducir el cargo que pague a un agente de bolsa para vender valores. State tax filing software Puede usar el cargo sólo para calcular las pérdidas o ganancias de la venta. State tax filing software Vea las Instrucciones del Formulario 8949, para obtener información sobre cómo declarar el cargo. State tax filing software Gastos Relacionados con un Pasatiempo Por lo general, puede deducir gastos relacionados con un pasatiempo, pero sólo hasta la cantidad del ingreso generado por el mismo. State tax filing software Un pasatiempo no es un negocio porque no se realiza para obtener un beneficio económico. State tax filing software Consulte Actividad sin fines de lucro en el capítulo 12 bajo Otros Ingresos. State tax filing software Deducciones Indirectas de Entidades que Traspasan los Atributos Tributarios Las entidades que traspasan los atributos tributarios incluyen sociedades colectivas, sociedades anónimas de tipo S y fondos mutuos que no se ofrecen al público. State tax filing software Las deducciones de dichas entidades se traspasan a los socios o accionistas. State tax filing software Los socios o accionistas pueden deducir su parte de las deducciones traspasadas para gastos de inversión como deducciones detalladas misceláneas sujetas al límite del 2%. State tax filing software Ejemplo. State tax filing software Usted es miembro de un club de inversiones formado exclusivamente para invertir en valores. State tax filing software El club se considera una sociedad colectiva. State tax filing software Los ingresos de la sociedad colectiva provienen exclusivamente de dividendos, intereses y ganancias tributables procedentes de la venta de valores. State tax filing software En este caso, usted puede deducir su parte de los gastos de operación de la sociedad colectiva como deducciones detalladas misceláneas sujetas al límite del 2%. State tax filing software No obstante, si el club de inversiones tiene inversiones que generan ingresos no tributables también, no puede deducir su parte de los gastos que generan ingresos no tributables. State tax filing software Fondos mutuos de oferta pública. State tax filing software   Los fondos mutuos de oferta pública no traspasan deducciones por gastos de inversión a los accionistas. State tax filing software Un fondo mutuo es “de oferta pública” si: Se comercializa continuamente en virtud de una oferta pública, Se cotiza habitualmente en un mercado bursátil de valores establecido o Están bajo la propiedad de al menos 500 personas en todo momento durante el año tributario. State tax filing software   El fondo mutuo de oferta pública le enviará un Formulario 1099-DIV, Dividends and Distributions (Dividendos y distribuciones), en inglés, o un formulario sustitutivo, que indique la cantidad neta del ingreso de dividendos (dividendos brutos menos gastos de inversión). State tax filing software Esta cifra neta es la cantidad que declara como ingresos. State tax filing software Usted no puede también deducir los gastos de inversión incurridos por fondos mutuos de oferta pública porque ya se incluyen como parte de la cantidad neta del ingreso de dividendos. State tax filing software Declaraciones informativas. State tax filing software   Las entidades que traspasan los atributos tributarios deben enviarle declaraciones informativas. State tax filing software Sociedades colectivas y de tipo S. State tax filing software   Estas entidades generan el Anexo K-1, el cual indica los conceptos y las cantidades que tiene que declarar y también identifica los anexos y las líneas de la declaración de impuestos que se deben usar. State tax filing software Fondos mutuos que no son de oferta pública. State tax filing software   Estos fondos le enviarán un Formulario 1099-DIV, Dividends and Distributions (Dividendos y distribuciones), o un formulario sustitutivo, el cual indicará su parte de los ingresos brutos y los gastos de inversión. State tax filing software Puede declarar los gastos sólo como una deducción detallada miscelánea sujeta al límite del 2%. State tax filing software Cargos y Gastos Relacionados con la Inversión Puede deducir cargos relacionados con la inversión, custodia, administración de fideicomiso y otros gastos que pague por la administración de inversiones que generen ingresos tributables. State tax filing software Gastos Legales Por lo general, puede deducir gastos legales en los que incurra al intentar generar o cobrar ingresos tributables o que pague en conexión con la determinación, cobro o reembolso de un impuesto. State tax filing software También puede deducir gastos legales que: Estén relacionados con la realización o conservación de su trabajo, como los que pague para defenderse contra acusaciones penales que se levanten por las acciones de su oficio o negocio, Sean para asesoría tributaria relacionada con un divorcio, si la factura indica cuánto corresponde a la asesoría tributaria y se determina de una forma razonable o Sean para cobrar una pensión tributable para el cónyuge divorciado. State tax filing software Puede deducir los gastos que incurrió para resolver problemas tributarios relacionados con las pérdidas o ganancias de un negocio (Anexo C o C-EZ), alquileres o regalías (Anexo E) o gastos e ingresos agrícolas (Anexo F) en el anexo apropiado, todos en inglés. State tax filing software Debe deducir los gastos que incurrió para resolver problemas tributarios no comerciales en el Anexo A (Formulario 1040). State tax filing software Vea Costos de la Preparación de la Declaración de Impuestos , anteriormente. State tax filing software Pérdidas de Depósitos Para obtener información acerca de si puede deducir la pérdida de un depósito que usted hizo en una institución financiera que reúna los requisitos y cómo declarar la deducción si tiene derecho a ella, vea Pérdidas de Depósitos en el capítulo 25. State tax filing software Reintegros de Ingresos Si tuvo que reintegrar una cantidad que incluyó como ingresos en un año anterior, es posible que pueda deducir dicha cantidad reintegrada. State tax filing software Si la cantidad que tuvo que reintegrar era ingreso ordinario de $3,000 o menos, la deducción está sujeta al límite del 2%. State tax filing software Si fue más de $3,000, vea Reintegros por la Reclamación de un Derecho bajo Deducciones no Sujetas al Límite del 2%, más adelante. State tax filing software Reintegros de Beneficios del Seguro Social Para obtener información acerca de cómo deducir los reintegros de ciertos beneficios del Seguro Social, vea Reintegros Superiores a los Beneficios Brutos en el capítulo 11. State tax filing software Alquiler de Caja de Seguridad Puede deducir el alquiler de una caja de seguridad si la utiliza para almacenar bonos y acciones que generen ingresos tributables o documentos y papeles relacionados con inversiones. State tax filing software No puede deducir el alquiler si sólo utiliza la caja para guardar joyas, otras pertenencias personales o valores exentos de impuestos. State tax filing software Cargos Administrativos de los Planes de Reinversión de Dividendos Puede deducir los cargos administrativos que pague como abonado a un plan de reinversión de dividendos. State tax filing software Estos cargos administrativos incluyen pagos por: Poseer acciones adquiridas mediante un plan, Cobrar y reinvertir dividendos en efectivo, y Mantener documentación personal y proporcionar estados de cuenta detallados. State tax filing software Honorarios por Administración de un Fideicomiso de Arreglos IRA Los honorarios de administración de un fideicomiso que se facturen por separado y que usted pague en relación con un arreglo de ahorros para la jubilación (IRA, por sus siglas en inglés) son deducibles (si son ordinarios y necesarios) como deducción detallada miscelánea sujeta al límite del 2%. State tax filing software Para obtener más información acerca de los arreglos IRA, vea el capítulo 17. State tax filing software Deducciones no Sujetas al Límite del 2% Puede deducir los artículos indicados a continuación como deducciones detalladas misceláneas. State tax filing software No están sujetas al límite del 2%. State tax filing software Declare estos artículos en la línea 28 del Anexo A del Formulario 1040. State tax filing software Lista de Deducciones Se explica cada uno de los siguientes artículos en detalle después de la lista (excepto cuando se indica al contrario). State tax filing software Prima amortizable de bonos tributables. State tax filing software Pérdidas por hecho fortuito y robo de una propiedad que genera ingresos. State tax filing software Impuesto federal sobre la herencia atribuible a los ingresos de un difunto. State tax filing software Pérdidas de apuestas y juegos de azar hasta la cantidad de sus ganancias del juego. State tax filing software Gastos del trabajo relacionados con los impedimentos de personas con incapacidades. State tax filing software Pérdida por otras actividades anotadas en el recuadro 2 del Anexo K-1 del Formulario 1065-B. State tax filing software Pérdidas por estafas de inversiones engañosas tipo Ponzi. State tax filing software Vea, Pérdidas proveneintes de estafas de inversiones del tipo Ponzi (Ponzi schemes) , en el capítulo 25. State tax filing software Reintegros de más de $3,000 por la reclamación de un derecho. State tax filing software Inversión no recuperada en una anualidad. State tax filing software Prima Amortizable de Bonos Tributables En general, si la cantidad que paga por un bono es superior a la cantidad de capital estipulado, el excedente corresponde a la prima de los bonos. State tax filing software Puede optar por amortizar la prima de bonos tributables. State tax filing software Por lo general, la amortización de la prima compensa los ingresos de intereses sobre el bono en lugar de ser una deducción diferente. State tax filing software Parte de la prima de algunos bonos puede ser una deducción miscelánea no sujeta al límite del 2%. State tax filing software Para obtener más información, vea Amortizable Premium on Taxable Bonds (Prima amortizable de bonos tributables) en la Publicación 529 y Bond Premium Amortization (Amortización de prima de bono) en el capítulo 3 de la Publicación 550, Investment Income and Expenses (Gastos e ingresos de inversión), ambas en inglés. State tax filing software Pérdidas por Hecho Fortuito y Robo de Propiedad que Genera Ingresos Puede deducir una pérdida por hecho fortuito o robo como deducción detallada miscelánea no sujeta al límite del 2% si la propiedad dañada o robada era una propiedad que generaba ingresos (propiedad que se tiene con fines de inversión, tal como acciones, pagarés, bonos, oro, plata, terrenos sin construir y obras de arte). State tax filing software Primero, declare la pérdida en la Sección B del Formulario 4684. State tax filing software Asimismo, es posible que tenga que incluir la pérdida en el Formulario 4797, Sales of Business Property (Ventas de bienes comerciales), en inglés, si por algún otro motivo está obligado a presentar ese formulario. State tax filing software Para calcular su deducción, sume todas las pérdidas por hecho fortuito o robo de este tipo de propiedad que se incluyan en las líneas 32 y 38b del Formulario 4684, o la línea 18a del Formulario 4797. State tax filing software Para obtener más información acerca de las pérdidas por hecho fortuito y robo, consulte el capítulo 25. State tax filing software Impuesto Federal sobre la Herencia Atribuible a los Ingresos de un Difunto Puede deducir el impuesto federal sobre la herencia atribuible a los ingresos de un difunto que usted, como beneficiario, incluye en sus ingresos brutos. State tax filing software Los ingresos de un difunto son ingresos brutos que habría recibido éste si no hubiese fallecido y que no se podían incluir debidamente en la última declaración de impuestos del difunto. State tax filing software Vea la Publicación 559, en inglés, para obtener más información. State tax filing software Pérdidas de Apuestas y Juegos de Azar hasta la Cantidad de sus Ganancias de Juego Tiene que declarar la cantidad total de sus ganancias de apuestas y juegos de azar que tuvo en el año en la línea 21 del Formulario 1040. State tax filing software Debe deducir sus pérdidas de juego que tuvo en el año en la línea 28 del Anexo A del Formulario 1040. State tax filing software No puede deducir las pérdidas de apuestas y juegos de azar que sean superiores a las ganancias. State tax filing software No puede reducir las ganancias de apuestas y juegos de azar por las pérdidas de juego y declarar la diferencia. State tax filing software Tiene que declarar la cantidad total de las ganancias como ingresos, y las pérdidas (hasta la cantidad de su ganancias), como deducción detallada. State tax filing software Por consiguiente, su documentación debe mostrar las ganancias por separado de las pérdidas. State tax filing software Diario de ganancias y pérdidas. State tax filing software Tiene que mantener un diario exacto o registro parecido de sus ganancias y pérdidas provenientes de apuestas y juegos de azar. State tax filing software Su diario debe contener, como mínimo, la siguiente información: La fecha y el tipo de apuesta específica o actividad de apuestas. State tax filing software El nombre y la dirección o ubicación del establecimiento de apuestas. State tax filing software Los nombres de otras personas que lo acompañan en el establecimiento de apuestas. State tax filing software La (o las) cantidad(es) que ganó o perdió. State tax filing software Vea la Publicación 529, en inglés, para información adicional. State tax filing software Gastos de Trabajo Relacionados con un Impedimento Si tiene una incapacidad física o mental que limite su capacidad para trabajar o limite sustancialmente una o más de las actividades principales de la vida (como realizar tareas manuales, caminar, hablar, respirar, aprender y trabajar), puede deducir sus gastos de trabajo relacionados con dicho impedimento. State tax filing software Los gastos de trabajo relacionados con un impedimento son gastos ordinarios y necesarios del negocio incurridos por servicios de un asistente en su lugar de trabajo y por otros gastos relacionados con su lugar de trabajo que sean necesarios para que pueda trabajar. State tax filing software Personas que trabajan por cuenta propia. State tax filing software   Si trabaja por cuenta propia, anote los gastos de trabajo relacionados con su incapacidad en el formulario correspondiente (Anexo C, C-EZ, E o F) que utilice para declarar los ingresos y gastos de negocio. State tax filing software Pérdida por Otras Actividades Anotadas en el Recuadro 2 del Anexo K-1 del Formulario 1065-B Si la cantidad declarada en el recuadro 2 del Anexo K-1 del Formulario 1065-B es una pérdida, declárela en la línea 28 del Anexo A del Formulario 1040. State tax filing software No está sujeto a las limitaciones de actividades pasivas. State tax filing software Reintegros por la Reclamación de un Derecho Si tuvo que reintegrar más de $3,000 que incluyó en los ingresos de un año anterior porque en ese momento pensaba que tenía un derecho no restringido a dichos ingresos, tal vez pueda deducir la cantidad que pagó o solicitar que se la acrediten en sus impuestos. State tax filing software Vea Reintegros en el capítulo 12, para más información. State tax filing software Inversión no Recuperada en una Anualidad Un jubilado que haya contribuido al costo de una anualidad puede excluir de sus ingresos parte de cada pago que reciba, por ser rendimiento exento de impuestos de la inversión del jubilado. State tax filing software Si el jubilado muere antes de recuperar toda la inversión libre de impuestos, se podría deducir toda inversión no recuperada en la declaración final de impuestos del jubilado. State tax filing software Vea el capítulo 10 para obtener más información acerca del trato tributario de las pensiones y anualidades. State tax filing software Gastos no Deducibles A continuación se enumeran algunos ejemplos de gastos no deducibles. State tax filing software Luego, se explican en mayor detalle los gastos no deducibles adicionales. State tax filing software Lista de Gastos no Deducibles Comisiones de agentes bursátiles que usted pagó con respecto a su arreglo IRA u otra propiedad de inversión. State tax filing software Gastos de entierro o funeral, incluido el costo de la tumba. State tax filing software Gastos de capital. State tax filing software Cargos y licencias, como licencias de automóvil, de matrimonio y placas de identificación. State tax filing software Pérdidas relacionadas con pasatiempos; no obstante, vea Gastos Relacionados con un Pasatiempo , anteriormente. State tax filing software Reparaciones, seguro y alquiler de la vivienda. State tax filing software Sobornos y comisiones clandestinas. State tax filing software Vea Bribes and kickbacks (Sobornos y comisiones clandestinas) en el capítulo 11 de la Publicación 535, en inglés. State tax filing software Pérdidas de la venta de su vivienda, mobiliario, automóvil personal, etc. State tax filing software Primas de seguro personal por incapacidad. State tax filing software Gastos personales, de vida o familiares. State tax filing software Valor de salarios no recibidos o período de vacaciones no utilizadas. State tax filing software Gastos de Adopción No puede deducir los gastos que incurre en la adopción de un niño, pero tal vez pueda tomar un crédito para esos gastos. State tax filing software Vea el capítulo 36. State tax filing software Gastos de Campaña Electoral No puede deducir gastos que un candidato para un cargo público incurre en su campaña electoral, incluso si el candidato está postulando para la reelección a dicho cargo. State tax filing software Estos incluyen cargos de calificación e inscripción para las elecciones primarias. State tax filing software Honorarios legales. State tax filing software   No puede deducir honorarios legales que se pagan para defender cargos derivados de la participación en una campaña política. State tax filing software Cargos por Emisión de Cheques de Cuenta Personal Si tiene una cuenta corriente personal, no puede deducir cargos cobrados por el banco por el privilegio de emitir cheques, incluso si la cuenta devenga intereses. State tax filing software Cuotas de Clubes Por lo general, no puede deducir el costo de afiliación a un club organizado para fines comerciales, de placer, recreación u otro fin social. State tax filing software Esto incluye clubes de negocios, sociales, atléticos, de almuerzo, deportivos, de aerolíneas, hoteles, golf y de campo. State tax filing software No puede deducir cuotas pagadas a una organización si uno de los propósitos principales de ésta es: Realizar actividades sociales para los miembros o sus invitados u Ofrecer a los miembros o sus invitados acceso a establecimientos de actividades sociales. State tax filing software No se pueden deducir las cuotas pagadas a aerolíneas, hoteles o clubes de almuerzo. State tax filing software Gastos de Transporte entre su Domicilio y el Trabajo No puede deducir gastos de viaje de ida y vuelta al trabajo (el costo de su transporte entre su residencia y su lugar de trabajo principal o habitual). State tax filing software Si transporta herramientas, instrumentos u otros artículos en su automóvil de ida y vuelta a su trabajo, puede deducir sólo el costo adicional de transporte de dichos artículos, como el alquiler de un remolque para el transporte de los mismos. State tax filing software Multas o Sanciones No puede deducir multas o sanciones que pague a una oficina del gobierno por infringir una ley. State tax filing software Esto incluye cantidades pagadas para liquidar su responsabilidad real o posible de una multa o sanción (civil o penal). State tax filing software Las multas o sanciones incluyen multas de estacionamiento, sanciones tributarias y sanciones deducidas de su sueldo de maestro después de una huelga ilícita. State tax filing software Gastos de Balnearios No puede deducir gastos de un balneario (spa), aun si existe un requisito laboral para mantenerse en excelente condición física, como podría ser el caso de un oficial encargado del orden público. State tax filing software Sistema de Seguridad Residencial No puede deducir el costo de un sistema de seguridad residencial como una deducción miscelánea. State tax filing software Sin embargo, tal vez pueda reclamar una deducción por un sistema de seguridad residencial como gasto de negocios, si es que tiene una oficina en su casa. State tax filing software Vea Oficina en el Domicilio bajo Gastos del Empleado no Reembolsados, anteriormente, y Security System (Sistema de seguridad) bajo Deducting Expenses (Deducción de gastos) en la Publicación 587, en inglés. State tax filing software Seminarios Relacionados con Inversiones No puede deducir gastos por asistir a una convención, seminario o reunión parecida para fines de inversión. State tax filing software Primas de Seguro de Vida No puede deducir primas que pague por su propio seguro de vida. State tax filing software Tal vez pueda deducir como pensión para el cónyuge divorciado primas que pague por las pólizas de seguro de vida asignadas a su ex-cónyuge. State tax filing software Consulte el capítulo 18 para información sobre la pensión alimenticia. State tax filing software Gastos de Cabildeo Por lo general, no puede deducir cantidades pagadas o incurridas por concepto de cabildeo. State tax filing software Estos incluyen gastos para: Influenciar el proceso de legislación, Participar o intervenir en una campaña política a favor o en contra de un candidato a un cargo público, Intentar influenciar al público en general, o a un segmento del público, respecto a las elecciones, materias legislativas o referéndums o Comunicarse directamente con funcionarios del poder ejecutivo bajo protección en un intento de influenciar las acciones del funcionario o las opiniones del mismo. State tax filing software Los gastos de cabildeo también incluyen cantidades pagadas o gastos en los que ha incurrido para la investigación, preparación, planificación o coordinación de cualquiera de estas actividades. State tax filing software Cuotas usadas para cabildeo. State tax filing software   Si una organización exenta de impuestos le notifica que esa parte de las cuotas u otras cantidades que usted paga a la organización se utilizan para pagar gastos de cabildeo no deducibles, no puede deducir esa parte de las cuotas. State tax filing software Vea Lobbying Expenses (Gastos de cabildeo) en la Publicación 529, en inglés, para obtener información sobre las excepciones. State tax filing software Dinero en Efectivo o Bienes Perdidos o Extraviados No puede deducir una pérdida basada en la simple desaparición de dinero o bienes. State tax filing software Sin embargo, una pérdida o desaparición accidental de bienes puede considerarse hecho fortuito si es causada por un acontecimiento que se pueda identificar y que sea repentino, inesperado o poco común. State tax filing software Vea el capítulo 25. State tax filing software Ejemplo. State tax filing software Se cierra una puerta de su automóvil accidentalmente en su mano y rompe el engaste de su anillo de diamante. State tax filing software El diamante se cae del anillo y nunca lo pudo encontrar. State tax filing software La pérdida del diamante es un hecho fortuito. State tax filing software Almuerzos con Compañeros de Trabajo No puede deducir los gastos de almuerzos con compañeros de trabajo, excepto si viaja lejos de casa por razones comerciales. State tax filing software Vea el capítulo 26 para obtener información acerca de los gastos deducibles mientras se encuentra lejos de su domicilio. State tax filing software Comidas Cuando Trabaja Hasta Tarde No puede deducir el costo de comidas si trabaja hasta tarde. State tax filing software Sin embargo, tal vez pueda declarar una deducción si el costo de las comidas es un gasto de entretenimiento deducible o si viaja lejos de casa. State tax filing software Vea el capítulo 26 para obtener información sobre gastos de entretenimiento deducibles y gastos durante viajes lejos de su domicilio. State tax filing software Gastos por Asuntos Legales Personales No puede deducir gastos por asuntos legales personales, como aquéllos en los que se ha incurrido en los siguientes casos: Tutoría de hijos. State tax filing software Demanda por incumplimiento de promesa de matrimonio. State tax filing software Cargos civiles o penales derivados de una relación personal. State tax filing software Daños por lesiones personales, a excepción de ciertas reclamaciones por discriminación ilegal y por denuncia de actividades ilícitas en una empresa. State tax filing software Preparación de un título (o defensa o perfeccionamiento de un título). State tax filing software Preparación de un testamento. State tax filing software Reclamaciones de propiedad o liquidación de propiedad en un divorcio. State tax filing software No puede deducir estos gastos incluso si una consecuencia del proceso legal es la pérdida de propiedad que genera ingresos. State tax filing software Donaciones Políticas No puede deducir donaciones hechas a un candidato político, un comité de campaña o un fondo para publicar boletines. State tax filing software Los avisos publicitarios en programas de convenciones y entradas a cenas o programas que benefician a un partido o candidato político no son deducibles. State tax filing software Costos de Acreditación Profesional No puede deducir costos de acreditación profesional tales como: Costos de certificado de contabilidad pagados para el derecho inicial de poder practicar la contabilidad. State tax filing software Costos del examen para el ejercicio de la abogacía y gastos afines para asegurarse el ingreso inicial al colegio de abogados. State tax filing software Costos de licencias médicas y dentales para obtener la primera licencia de ejercicio de la profesión. State tax filing software Reputación Profesional No puede deducir gastos por salir en un programa de radio o televisión para aumentar su prestigio personal o establecer su reputación profesional. State tax filing software Aportaciones a un Fondo de Ayuda Económica No puede deducir aportaciones pagadas a un plan privado que pague beneficios a los empleados cubiertos que no puedan trabajar debido a una lesión o enfermedad no relacionada con el trabajo. State tax filing software Servicio Telefónico Residencial No puede deducir un cobro (incluidos impuestos) por un servicio telefónico local básico de la línea telefónica principal de su residencia, aun cuando se utilice en una ocupación o negocio. State tax filing software Reuniones de Accionistas No puede deducir gastos de transporte ni otros que paga para asistir a reuniones de accionistas de empresas en las que tiene participación accionaria, pero no de otra índole. State tax filing software No puede deducir estos gastos aunque asista a la reunión para obtener información que podría ser útil al efectuar otras inversiones. State tax filing software Gastos de Ingresos Exentos de Impuestos No puede deducir gastos que incurre para generar ingresos exentos de impuestos. State tax filing software No puede deducir intereses de una deuda en la que haya incurrido o continúa para comprar o portar valores exentos de impuestos. State tax filing software Si usted incurre gastos para generar ingresos tributables y exentos de impuestos, pero no puede identificar los gastos que generan cada tipo de ingreso, tiene que dividir los gastos según la cantidad de cada tipo de ingreso para determinar la cantidad que puede deducir. State tax filing software Ejemplo. State tax filing software Durante el año recibió intereses tributables de $4,800 e intereses exentos de impuestos de $1,200. State tax filing software Al obtener este ingreso, tuvo un total de gastos de $500 durante el año. State tax filing software No puede identificar la cantidad de cada gasto correspondiente a cada ingreso. State tax filing software Por lo tanto, el 80% ($4,800/$6,000) del gasto corresponde a los intereses tributables y el 20% ($1,200/$6,000) corresponde a los intereses exentos de impuestos. State tax filing software Puede deducir, sujeto al límite del 2%, gastos de $400 (80% de $500). State tax filing software Gastos de Viaje para Otra Persona Por lo general, no puede deducir los gastos de viaje que pague o en los que incurra para su cónyuge, dependiente, u otra persona que lo acompañe (o su empleado) en un viaje de negocios o por motivos personales, a menos que el cónyuge, el dependiente, o la otra persona sea un empleado del contribuyente; el viaje sea para un propósito comercial de buena fe (bona fide); y tales gastos serían de otra manera deducibles por el cónyuge, dependiente u otra persona. State tax filing software Vea el capítulo 26 para más información sobre gastos de viaje deducibles. State tax filing software Aportaciones Voluntarias al Fondo de Beneficios por Desempleo No puede deducir aportaciones voluntarias al fondo de beneficios por desempleo que usted realice a un fondo sindical o a un fondo privado. State tax filing software Sin embargo, puede deducir las aportaciones como impuestos si la ley estatal le exige que las haga a un fondo de desempleo del estado que le protege de la pérdida de sueldos por desempleo causado por condiciones comerciales. State tax filing software Relojes de Pulsera No puede deducir el costo de un reloj de pulsera, incluso si existe un requisito laboral que establezca que tiene que saber la hora correcta para realizar sus funciones de manera adecuada. State tax filing software Prev  Up  Next   Home   More Online Publications
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Institute of Peace

The Institute of Peace promotes research, policy analysis, education, and training on international peace and conflict resolution in an effort to prevent and resolve violent conflicts, and to promote post-conflict stability.

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The State Tax Filing Software

State tax filing software 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 tax filing software 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 tax filing software 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 tax filing software 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 tax filing software See Passive Activity Deductions, later. State tax filing software Passive Activity Loss Generally, the passive activity loss for the tax year is not allowed. State tax filing software However, there is a special allowance under which some or all of your passive activity loss may be allowed. State tax filing software See Special $25,000 allowance , later. State tax filing software Definition of passive activity loss. State tax filing software    Generally, your passive activity loss for the tax year is the excess of your passive activity deductions over your passive activity gross income. State tax filing software See Passive Activity Income and Deductions , later. State tax filing software   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 tax filing software For details on net active income, see the Instructions for Form 8810. State tax filing software For the definition of passive activity gross income, see Passive Activity Income , later. State tax filing software For the definition of passive activity deductions, see Passive Activity Deductions , later. State tax filing software 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 tax filing software Allocation of disallowed passive activity loss among activities. State tax filing software   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 tax filing software 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 tax filing software Use Worksheet 5 of Form 8582 to figure the ratable portion of the loss from each activity that is disallowed. State tax filing software Loss from an activity. State tax filing software   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 tax filing software   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 tax filing software See Significant Participation Passive Activities , later. State tax filing software Example. State tax filing software John Pine holds interests in three passive activities, A, B, and C. State tax filing software 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 tax filing software Therefore, a ratable portion of the losses from activities A and B is disallowed. State tax filing software 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 tax filing software   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 tax filing software 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 tax filing software Excluded deductions. State tax filing software    “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 tax filing software See Recharacterization of Passive Income , later. State tax filing software Separately identified deductions. State tax filing software   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 tax filing software   Use Form 8582, Worksheet 7, for any activity if you have passive activity deductions for that activity that must be separately identified. State tax filing software   Deductions that must be accounted for separately include (but are not limited to) the following deductions. State tax filing software Deductions that arise in a rental real estate activity in tax years in which you actively participate in such activity. State tax filing software See Active participation , later. State tax filing software Deductions that arise in a rental real estate activity in tax years in which you do not actively participate in such activity. State tax filing software See Active participation , later. State tax filing software Losses from sales or exchanges of capital assets. State tax filing software Section 1231 losses. State tax filing software See Section 1231 Gains and Losses in Publication 544, Sales and Other Disposition of Assets, for more information. State tax filing software 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 tax filing software 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 tax filing software For more information, see Regulations section 1. State tax filing software 469-1(f)(4). State tax filing software Passive Activity Credit Generally, the passive activity credit for the tax year is disallowed. State tax filing software 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 tax filing software Credits that are included in figuring the general business credit are subject to the passive activity rules. State tax filing software See the Instructions for Form 8582-CR for more information. State tax filing software 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 tax filing software You also must apply the limit on passive activity credits separately to your credits from a passive activity held through a PTP. State tax filing software You can offset deductions from passive activities of a PTP only against income or gain from passive activities of the same PTP. State tax filing software 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 tax filing software 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 tax filing software 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 tax filing software 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 tax filing software These rules do not apply to C corporations. State tax filing software For information, see the Instructions for Schedule F (Form 1040), Profit or Loss From Farming. State tax filing software Passive Activities There are two kinds of passive activities. State tax filing software Trade or business activities in which you do not materially participate during the year. State tax filing software Rental activities, even if you do materially participate in them, unless you are a real estate professional. State tax filing software Material participation in a trade or business is discussed later, under Activities That Are Not Passive Activities . State tax filing software Treatment of former passive activities. State tax filing software   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 tax filing software 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 tax filing software Treat any remaining prior year unallowed loss like you treat any other passive loss. State tax filing software   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 tax filing software 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 tax filing software 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 tax filing software 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 tax filing software 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 tax filing software You generally report trade or business activities on Schedule C, C-EZ, F, or in Part II or III of Schedule E. State tax filing software 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 tax filing software See Real Estate Professional under Activities That Are Not Passive Activities, later. State tax filing software 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 tax filing software It does not matter whether the use is under a lease, a service contract, or some other arrangement. State tax filing software Exceptions. State tax filing software   Your activity is not a rental activity if any of the following apply. State tax filing software The average period of customer use of the property is 7 days or less. State tax filing software 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 tax filing software 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 tax filing software 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 tax filing software The activity's average period of customer use will equal the sum of the amounts for each class. State tax filing software 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 tax filing software Significant personal services include only services performed by individuals. State tax filing software 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 tax filing software Significant personal services do not include the following. State tax filing software 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 tax filing software You provide extraordinary personal services in making the rental property available for customer use. State tax filing software 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 tax filing software The rental is incidental to a nonrental activity. State tax filing software 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 tax filing software The unadjusted basis of property is its cost not reduced by depreciation or any other basis adjustment. State tax filing software The rental of property is incidental to a trade or business activity if all of the following apply. State tax filing software You own an interest in the trade or business activity during the year. State tax filing software 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 tax filing software Your gross rental income from the property is less than 2% of the smaller of its unadjusted basis or fair market value. State tax filing software 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 tax filing software You customarily make the rental property available during defined business hours for nonexclusive use by various customers. State tax filing software 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 tax filing software    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 tax filing software Special $25,000 allowance. State tax filing software   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 tax filing software This special allowance is an exception to the general rule disallowing the passive activity loss. State tax filing software 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 tax filing software   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 tax filing software 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 tax filing software   The maximum special allowance is reduced if your modified adjusted gross income exceeds certain amounts. State tax filing software See Phaseout rule , later. State tax filing software Example. State tax filing software 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 tax filing software She can use $15,000 of her $26,000 loss to offset her $15,000 passive income from the partnership. State tax filing software 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 tax filing software Commercial revitalization deduction (CRD). State tax filing software   The special allowance must first be applied to losses from rental real estate activities figured without the CRD. State tax filing software 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 tax filing software You cannot claim a CRD for a building placed in service after December 31, 2009. State tax filing software Active participation. State tax filing software   Active participation is not the same as material participation (defined later). State tax filing software Active participation is a less stringent standard than material participation. State tax filing software For example, you may be treated as actively participating if you make management decisions in a significant and bona fide sense. State tax filing software Management decisions that count as active participation include approving new tenants, deciding on rental terms, approving expenditures, and similar decisions. State tax filing software   Only individuals can actively participate in rental real estate activities. State tax filing software 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 tax filing software   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 tax filing software 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 tax filing software   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 tax filing software   Limited partners are not treated as actively participating in a partnership's rental real estate activities. State tax filing software   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 tax filing software   Active participation is not required to take the low-income housing credit, the rehabilitation investment credit, or CRD from rental real estate activities. State tax filing software Example. State tax filing software 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 tax filing software He advertised and rented the house to the current tenant himself. State tax filing software He also collected the rents and did the repairs or hired someone to do them. State tax filing software 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 tax filing software Phaseout rule. State tax filing software   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 tax filing software 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 tax filing software    Modified adjusted gross income for this purpose is your adjusted gross income figured without the following. State tax filing software Taxable social security and tier 1 railroad retirement benefits. State tax filing software Deductible contributions to individual retirement accounts (IRAs) and section 501(c)(18) pension plans. State tax filing software The exclusion from income of interest from qualified U. State tax filing software S. State tax filing software savings bonds used to pay qualified higher education expenses. State tax filing software The exclusion from income of amounts received from an employer's adoption assistance program. State tax filing software Passive activity income or loss included on Form 8582. State tax filing software 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 tax filing software Any overall loss from a publicly traded partnership (see Publicly Traded Partnerships (PTPs) in the instructions for Form 8582). State tax filing software The deduction for the employer-equivalent portion of self-employment tax. State tax filing software The deduction for domestic production activities. State tax filing software The deduction allowed for interest on student loans. State tax filing software The deduction for qualified tuition and related expenses. State tax filing software Example. State tax filing software During 2013, John was unmarried and was not a real estate professional. State tax filing software 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 tax filing software His modified adjusted gross income is $120,000. State tax filing software When he files his 2013 return, he can deduct only $15,000 of his passive activity loss. State tax filing software He must carry over the remaining $16,000 passive activity loss to 2014. State tax filing software 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 tax filing software   A higher phaseout range applies to rehabilitation investment credits from rental real estate activities. State tax filing software 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 tax filing software   There is no phaseout of the $25,000 special allowance for low-income housing credits or for the CRD. State tax filing software Ordering rules. State tax filing software   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 tax filing software The portion of passive activity losses not attributable to the CRD. State tax filing software The portion of passive activity losses attributable to the CRD. State tax filing software The portion of passive activity credits attributable to credits other than the rehabilitation and low-income housing credits. State tax filing software The portion of passive activity credits attributable to the rehabilitation credit. State tax filing software The portion of passive activity credits attributable to the low-income housing credit. State tax filing software Activities That Are Not Passive Activities The following are not passive activities. State tax filing software Trade or business activities in which you materially participated for the tax year. State tax filing software 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 tax filing software It does not matter whether you materially participated in the activity for the tax year. State tax filing software 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 tax filing software  See Temporary Regulations section 1. State tax filing software 469-1T(e)(4)(ii). State tax filing software 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 tax filing software An activity of trading personal property for the account of those who own interests in the activity. State tax filing software See Temporary Regulations section 1. State tax filing software 469-1T(e)(6). State tax filing software Rental real estate activities in which you materially participated as a real estate professional. State tax filing software See Real Estate Professional , later. State tax filing software You should not enter income and losses from these activities on Form 8582. State tax filing software Instead, enter them on the forms or schedules you would normally use. State tax filing software Material Participation A trade or business activity is not a passive activity if you materially participated in the activity. State tax filing software Material participation tests. State tax filing software    You materially participated in a trade or business activity for a tax year if you satisfy any of the following tests. State tax filing software You participated in the activity for more than 500 hours. State tax filing software 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 tax filing software 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 tax filing software The activity is a significant participation activity, and you participated in all significant participation activities for more than 500 hours. State tax filing software 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 tax filing software See Significant Participation Passive Activities , under Recharacterization of Passive Income, later. State tax filing software You materially participated in the activity for any 5 (whether or not consecutive) of the 10 immediately preceding tax years. State tax filing software The activity is a personal service activity in which you materially participated for any 3 (whether or not consecutive) preceding tax years. State tax filing software 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 tax filing software Based on all the facts and circumstances, you participated in the activity on a regular, continuous, and substantial basis during the year. State tax filing software   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 tax filing software 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 tax filing software Participation. State tax filing software   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 tax filing software Work not usually performed by owners. State tax filing software   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 tax filing software The work is not work that is customarily done by the owner of that type of activity. State tax filing software 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 tax filing software Participation as an investor. State tax filing software   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 tax filing software 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 tax filing software Spouse's participation. State tax filing software   Your participation in an activity includes your spouse's participation. State tax filing software 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 tax filing software Proof of participation. State tax filing software You can use any reasonable method to prove your participation in an activity for the year. State tax filing software 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 tax filing software 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 tax filing software Limited partners. State tax filing software   If you owned an activity as a limited partner, you generally are not treated as materially participating in the activity. State tax filing software 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 tax filing software   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 tax filing software Retired or disabled farmer and surviving spouse of a farmer. State tax filing software   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 tax filing software 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 tax filing software Corporations. State tax filing software   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 tax filing software   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 tax filing software See Special exception for qualified corporations under Activities Covered by the At-Risk Rules, later. State tax filing software Real Estate Professional Generally, rental activities are passive activities even if you materially participated in them. State tax filing software However, if you qualified as a real estate professional, rental real estate activities in which you materially participated are not passive activities. State tax filing software 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 tax filing software See the Instructions for Schedule E (Form 1040), Supplemental Income and Loss, for information about making this choice. State tax filing software 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 tax filing software 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 tax filing software Qualifications. State tax filing software   You qualified as a real estate professional for the year if you met both of the following requirements. State tax filing software 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 tax filing software You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated. State tax filing software   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 tax filing software 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 tax filing software   If you file a joint return, do not count your spouse's personal services to determine whether you met the preceding requirements. State tax filing software However, you can count your spouse's participation in an activity in determining if you materially participated. State tax filing software Real property trades or businesses. State tax filing software   A real property trade or business is a trade or business that does any of the following with real property. State tax filing software Develops or redevelops it. State tax filing software Constructs or reconstructs it. State tax filing software Acquires it. State tax filing software Converts it. State tax filing software Rents or leases it. State tax filing software Operates or manages it. State tax filing software Brokers it. State tax filing software Closely held corporations. State tax filing software   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 tax filing software 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 tax filing software Self-charged interest. State tax filing software   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 tax filing software   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 tax filing software This includes both loans you made to the partnership or S corporation and loans the partnership or S corporation made to you. State tax filing software   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 tax filing software    Exception. State tax filing software 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 tax filing software 469-7(g) to avoid the application of these rules. State tax filing software For more details on the self-charged interest rules, see Regulations section 1. State tax filing software 469-7. State tax filing software 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 tax filing software Passive activity income does not include the following items. State tax filing software Income from an activity that is not a passive activity. State tax filing software These activities are discussed under Activities That Are Not Passive Activities , earlier. State tax filing software Portfolio income. State tax filing software This includes interest, dividends, annuities, and royalties not derived in the ordinary course of a trade or business. State tax filing software It includes gain or loss from the disposition of property that produces these types of income or that is held for investment. State tax filing software The exclusion for portfolio income does not apply to self-charged interest treated as passive activity income. State tax filing software For more information on self-charged interest, see Self-charged interest , earlier. State tax filing software Personal service income. State tax filing software 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 tax filing software Income from positive section 481 adjustments allocated to activities other than passive activities. State tax filing software (Section 481 adjustments are adjustments that must be made due to changes in your accounting method. State tax filing software ) Income or gain from investments of working capital. State tax filing software 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 tax filing software 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 tax filing software 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 tax filing software Any other income that must be treated as nonpassive income. State tax filing software See Recharacterization of Passive Income , later. State tax filing software Overall gain from any interest in a publicly traded partnership. State tax filing software See Publicly Traded Partnerships (PTPs) in the instructions for Form 8582. State tax filing software State, local, and foreign income tax refunds. State tax filing software Income from a covenant not to compete. State tax filing software 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 tax filing software Alaska Permanent Fund dividends. State tax filing software 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 tax filing software See chapter 4 of Publication 535, Business Expenses, for information about the rules for allocating interest. State tax filing software Disposition of property interests. State tax filing software   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 tax filing software 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 tax filing software An exception to this general rule may apply if you previously used the property in a different activity. State tax filing software Exception for more than one use in the preceding 12 months. State tax filing software   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 tax filing software Any gain allocated to a passive activity is passive activity income. State tax filing software   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 tax filing software Exception for substantially appreciated property. State tax filing software   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 tax filing software You used the property in a passive activity for 20% of the time you held your interest in the property. State tax filing software You used the property in a passive activity for the entire 24-month period before its disposition. State tax filing software If neither condition applies, the gain is not passive activity income. State tax filing software 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 tax filing software   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 tax filing software Also, treat the date you agree to transfer your interest for a fixed or determinable amount as the disposition date. State tax filing software   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 tax filing software Disposition of property converted to inventory. State tax filing software   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 tax filing software 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 tax filing software This rule applies only if you meet all of the following conditions. State tax filing software 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 tax filing software 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 tax filing software 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 tax filing software 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 tax filing software 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 tax filing software See Coordination with other limitations on deductions that apply before the passive activity rules , later. State tax filing software 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 tax filing software Exceptions. State tax filing software   Passive activity deductions do not include the following items. State tax filing software Deductions for expenses (other than interest expense) that are clearly and directly allocable to portfolio income. State tax filing software Qualified home mortgage interest, capitalized interest expenses, and other interest expenses (other than self-charged interest) properly allocable to passive activities. State tax filing software For more information on self-charged interest, see Self-charged interest under Passive Activity Income and Deductions, earlier. State tax filing software Losses from dispositions of property that produce portfolio income or property held for investment. State tax filing software State, local, and foreign income taxes. State tax filing software Miscellaneous itemized deductions that may be disallowed because of the 2%-of-adjusted-gross-income limit. State tax filing software Charitable contribution deductions. State tax filing software Net operating loss deductions. State tax filing software Percentage depletion carryovers for oil and gas wells. State tax filing software Capital loss carrybacks and carryovers. State tax filing software Items of deduction from a passive activity that are disallowed under the limits on deductions that apply before the passive activity rules. State tax filing software See Coordination with other limitations on deductions that apply before the passive activity rules , later. State tax filing software Deductions and losses that would have been allowed for tax years beginning before 1987 but for basis or at-risk limits. State tax filing software Net negative section 481 adjustments allocated to activities other than passive activities. State tax filing software (Section 481 adjustments are adjustments required due to changes in accounting methods. State tax filing software ) Casualty and theft losses, unless losses similar in cause and severity recur regularly in the activity. State tax filing software The deduction for the employer-equivalent portion of self-employment tax. State tax filing software Coordination with other limitations on deductions that apply before the passive activity rules. State tax filing software   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 tax filing software 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 tax filing software Proration of deductions disallowed under basis limitations. State tax filing software   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 tax filing software 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 tax filing software   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 tax filing software 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 tax filing software Proration of deductions disallowed under at-risk limitation. State tax filing software   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 tax filing software 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 tax filing software Coordination of basis and at-risk limitations. State tax filing software   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 tax filing software Separately identified items of deduction and loss. State tax filing software   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 tax filing software   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 tax filing software See Grouping Your Activities , later. State tax filing software 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 tax filing software See Section 1231 Gains and Losses in Publication 544 for more information. State tax filing software Are attributable to pre-enactment interests in activities. State tax filing software See Regulations section 1. State tax filing software 469-11T(c). State tax filing software 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 tax filing software Grouping is important for a number of reasons. State tax filing software If you group two activities into one larger activity, you need only show material participation in the activity as a whole. State tax filing software But if the two activities are separate, you must show material participation in each one. State tax filing software 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 tax filing software 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 tax filing software Grouping can also be important in determining whether you meet the 10% ownership requirement for actively participating in a rental real estate activity. State tax filing software Appropriate Economic Units Generally, to determine if activities form an appropriate economic unit, you must consider all the relevant facts and circumstances. State tax filing software You can use any reasonable method of applying the relevant facts and circumstances in grouping activities. State tax filing software The following factors have the greatest weight in determining whether activities form an appropriate economic unit. State tax filing software All of the factors do not have to apply to treat more than one activity as a single activity. State tax filing software 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 tax filing software Example 1. State tax filing software John Jackson owns a bakery and a movie theater at a shopping mall in Baltimore and a bakery and movie theater in Philadelphia. State tax filing software Based on all the relevant facts and circumstances, there may be more than one reasonable method for grouping John's activities. State tax filing software 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 tax filing software Example 2. State tax filing software Betty is a partner in ABC partnership, which sells nonfood items to grocery stores. State tax filing software Betty is also a partner in DEF (a trucking business). State tax filing software ABC and DEF are under common control. State tax filing software The main part of DEF's business is transporting goods for ABC. State tax filing software DEF is the only trucking business in which Betty is involved. State tax filing software Based on the rules of this section, Betty treats ABC's wholesale activity and DEF's trucking activity as a single activity. State tax filing software Consistency and disclosure requirement. State tax filing software   Generally, when you group activities into appropriate economic units, you may not regroup those activities in a later tax year. State tax filing software 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 tax filing software   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 tax filing software   See Disclosure Requirement , later. State tax filing software Regrouping by the IRS. State tax filing software   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 tax filing software Rental activities. State tax filing software   In general, you cannot group a rental activity with a trade or business activity. State tax filing software 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 tax filing software Example. State tax filing software Herbert and Wilma are married and file a joint return. State tax filing software Healthy Food, an S corporation, is a grocery store business. State tax filing software Herbert is Healthy Food's only shareholder. State tax filing software Plum Tower, an S corporation, owns and rents out the building. State tax filing software Wilma is Plum Tower's only shareholder. State tax filing software Plum Tower rents part of its building to Healthy Food. State tax filing software Plum Tower's grocery store rental business and Healthy Food's grocery business are not insubstantial in relation to each other. State tax filing software Herbert and Wilma file a joint return, so they are treated as one taxpayer for purposes of the passive activity rules. State tax filing software The same owner (Herbert and Wilma) owns both Healthy Food and Plum Tower with the same ownership interest (100% in each). State tax filing software 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 tax filing software Grouping of real and personal property rentals. State tax filing software   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 tax filing software 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 tax filing software Certain activities may not be grouped. State tax filing software   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 tax filing software Holding, producing, or distributing motion picture films or video tapes. State tax filing software Farming. State tax filing software Leasing any section 1245 property (as defined in section 1245(a)(3) of the Internal Revenue Code). State tax filing software For a list of section 1245 property, see Section 1245 property under Activities Covered by the At-Risk Rules , later. State tax filing software Exploring for, or exploiting, oil and gas resources. State tax filing software Exploring for, or exploiting, geothermal deposits. State tax filing software   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 tax filing software Limited entrepreneur. State tax filing software   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 tax filing software Activities conducted through another entity. State tax filing software   A personal service corporation, closely held corporation, partnership, or S corporation must group its activities using the rules discussed in this section. State tax filing software 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 tax filing software    You may not treat activities grouped together by the entity as separate activities. State tax filing software Personal service and closely held corporations. State tax filing software   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 tax filing software See Material Participation , earlier, and Significant Participation Passive Activities , later. State tax filing software Publicly traded partnership (PTP). State tax filing software   You may not group activities conducted through a PTP with any other activity, including an activity conducted through another PTP. State tax filing software Partial dispositions. State tax filing software   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 tax filing software 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 tax filing software Disclosure Requirement For tax years beginning after January 24, 2010, the following disclosure requirements for groupings apply. State tax filing software You are required to report certain changes to your groupings that occur during the tax year to the IRS. State tax filing software If you fail to report these changes, each trade or business activity or rental activity will be treated as a separate activity. State tax filing software 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 tax filing software If the IRS discovered the failure to disclose, you must have reasonable cause for not making the required disclosure. State tax filing software New grouping. State tax filing software   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 tax filing software The statement must provide the names, addresses, and employer identification numbers (EINs), if applicable, for the activities being grouped as a single activity. State tax filing software 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 tax filing software Addition to an existing grouping. State tax filing software   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 tax filing software 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 tax filing software 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 tax filing software Regrouping. State tax filing software   You must file a written statement with your original income tax return for the tax year in which you regroup the activities. State tax filing software The statement must provide the names, addresses, and EINs, if applicable, for the activities that are being regrouped. State tax filing software 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 tax filing software 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 tax filing software Groupings by partnerships and S corporations. State tax filing software   Partnerships and S corporations are not subject to the rules for new grouping, addition to an existing grouping, or regrouping. State tax filing software Instead, they must comply with the disclosure instructions for grouping activities provided in their Form 1065, U. State tax filing software S. State tax filing software Return of Partnership Income, or Form 1120S, U. State tax filing software S. State tax filing software Income Tax Return for an S Corporation, whichever is applicable. State tax filing software   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 tax filing software   A partner or shareholder may not treat activities grouped together by the entity as separate activities. State tax filing software Recharacterization of Passive Income Net income from the following passive activities may have to be recharacterized and excluded from passive activity income. State tax filing software 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 tax filing software 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 tax filing software 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 tax filing software 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 tax filing software Instead, enter income or losses on the form and schedules you normally use. State tax filing software 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 tax filing software Limit on recharacterized passive income. State tax filing software   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 tax filing software Investment income and investment expense. State tax filing software   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 tax filing software 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 tax filing software 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 tax filing software Corporations. State tax filing software   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 tax filing software The corporation is not treated as materially participating in the activity for the year. State tax filing software 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 tax filing software Worksheet A. State tax filing software   Complete Worksheet A. State tax filing software Significant Participation Passive Activities , below, if you have income or losses from any significant participation activity. State tax filing software Begin by entering the name of each activity in the left column. State tax filing software Column (a). State tax filing software   Enter the number of hours you participated in each activity and total the column. State tax filing software   If the total is more than 500, do not complete Worksheet A or B. State tax filing software None of the activities are passive activities because you satisfy test 4 for material participation. State tax filing software (See Material participation tests , earlier. State tax filing software ) Report all the income and losses from these activities on the forms and schedules you normally use. State tax filing software Do not include the income and losses on Form 8582. State tax filing software Column (b). State tax filing software   Enter the net loss, if any, from the activity. State tax filing software 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 tax filing software Enter -0- here if the prior year unallowed loss is the same as the current year net income. State tax filing software Column (c). State tax filing software   Enter net income (if any) from the activity. State tax filing software 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 tax filing software Column (d). State tax filing software   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 tax filing software If column (d) is a net loss, skip Worksheet B, Significant Participation Activities With Net Income. State tax filing software Include the income and losses in Worksheet 3 of Form 8582 (or Worksheet 2 in the Form 88