Filing Your Taxes Online is Fast, Easy and Secure.
Start now and receive your tax refund in as little as 7 days.

1. Get Answers

Your online questions are customized to your unique tax situation.

2. Maximize your Refund

Find tax credits for everything from school tuition to buying a hybri

3. E-File for FREE

E-file free with direct deposit to get your refund in as few as 7 days.

Filing your taxes with paper mail can be difficult and it could take weeks for your refund to arrive. IRS e-file is easy, fast and secure. There is no paperwork going to the IRS so tax refunds can be processed in as little as 7 days with direct deposit. As you prepare your taxes online, you can see your tax refund in real time.

FREE audit support and representation from an enrolled agent – NEW and only from H&R Block

Students And Taxes

1040ez Amended FormIrs Form 1040x InstructionsWhere's My Amended ReturnHow To Refile A Tax Return1040 Tax Form 2011Turbo Tax Form 1040xFree Online State Tax1040x Turbotax OnlineFile 2010 TaxHow To Do A Amended Tax ReturnState Tax Forms FreeWhere Can I File My 2012 Taxes For FreeIncome Tax Form 1040ezCan You File 2011 Taxes NowCan I File 2012 Taxes NowFiling 2010 TaxesFederal Tax Forms 1040 EzFree Irs Efile2012 Irs 1040a InstructionsHow To File 2009 Taxes OnlineHow Do I File My 2012 Taxes OnlineAmend A 2012 Tax ReturnFile Federal And State Taxes1040ez Instructions 2013H&r Block Online 1040xIrs Amendment FormState Income TaxFiling Taxes Online FreeTax Slayer 2011940 Tax Form 2012Ez Tax FormFree Tax FilingSearch Freetaxusa ComFiling My State Taxes FreeIrs Free Tax FilingHow To Amend Your 2012 Tax Return2012 Tax Forms IrsHandr Block Free File1040x Amended Tax FormH & R Block Free File Online

Students And Taxes

Students and taxes 8. Students and taxes   Distributions and Rollovers Table of Contents DistributionsMinimum Required Distributions No Special 10-Year Tax Option Transfer of Interest in 403(b) ContractAfter-tax contributions. Students and taxes Permissive service credit. Students and taxes Tax-Free RolloversHardship exception to rollover rules. Students and taxes Eligible retirement plans. Students and taxes Nonqualifying distributions. Students and taxes Second rollover. Students and taxes Gift Tax Distributions Permissible distributions. Students and taxes   Generally, a distribution cannot be made from a 403(b) account until the employee: Reaches age 59½, Has a severance from employment, Dies, Becomes disabled, In the case of elective deferrals, encounters financial hardship, or Has a qualified reservist distribution. Students and taxes In most cases, the payments you receive or that are made available to you under your 403(b) account are taxable in full as ordinary income. Students and taxes In general, the same tax rules apply to distributions from 403(b) plans that apply to distributions from other retirement plans. Students and taxes These rules are explained in Publication 575. Students and taxes Publication 575 also discusses the additional tax on early distributions from retirement plans. Students and taxes Retired public safety officers. Students and taxes   If you are an eligible retired public safety officer, distributions of up to $3,000, made directly from your 403(b) plan to pay accident, health, or long-term care insurance, are not included in your taxable income. Students and taxes The premiums can be for you, your spouse, or your dependents. Students and taxes   A public safety officer is a law enforcement officer, fire fighter, chaplain, or member of a rescue squad or ambulance crew. Students and taxes   For additional information, see Publication 575. Students and taxes Distribution for active reservist. Students and taxes   The 10% penalty for early withdrawals will not apply to a qualified reservist distribution attributable to elective deferrals from a 403(b) plan. Students and taxes A qualified reservist distribution is a distribution that is made: To an individual who is a reservist or national guardsman and who was ordered or called to active duty for a period in excess of 179 days or for an indefinite period; and During the period beginning on the date of the order or call to duty and ending at the close of the active duty period. Students and taxes Minimum Required Distributions You must receive all, or at least a certain minimum, of your interest accruing after 1986 in the 403(b) plan by April 1 of the calendar year following the later of the calendar year in which you become age 70½, or the calendar year in which you retire. Students and taxes Check with your employer, plan administrator, or provider to find out whether this rule also applies to pre-1987 accruals. Students and taxes If not, a minimum amount of these accruals must begin to be distributed by the later of the end of the calendar year in which you reach age 75 or April 1 of the calendar year following retirement. Students and taxes For each year thereafter, the minimum distribution must be made by the last day of the year. Students and taxes If you do not receive the required minimum distribution, you are subject to a nondeductible 50% excise tax on the difference between the required minimum distribution and the amount actually distributed. Students and taxes No Special 10-Year Tax Option A distribution from a 403(b) plan does not qualify as a lump-sum distribution. Students and taxes This means you cannot use the special 10-year tax option to calculate the taxable portion of a 403(b) distribution. Students and taxes For more information, see Publication 575. Students and taxes Transfer of Interest in 403(b) Contract Contract exchanges. Students and taxes   If you transfer all or part of your interest from a 403(b) contract to another 403(b) contract (held in the same plan), the transfer is tax free, and is referred to as a contract exchange. Students and taxes This was previously known as a 90-24 transfer. Students and taxes A contract exchange is similar to a 90-24 transfer with one major difference. Students and taxes Previously, you were able to accomplish the transfer without your employer’s involvement. Students and taxes After September 24, 2007, all such transfers are accomplished through a contract exchange requiring your employer’s involvement. Students and taxes In addition, the plan must provide for the exchange and the transferred interest must be subject to the same or stricter distribution restrictions. Students and taxes Finally, your accumulated benefit after the exchange must be equal to what it was before the exchange. Students and taxes   Transfers that do not satisfy this rule are plan distributions and are generally taxable as ordinary income. Students and taxes Plan-to-plan transfers. Students and taxes   You may also transfer part or all of your interest from a 403(b) plan to another 403(b) plan if you are an employee of (or were formerly employed by) the employer of the plan to which you would like to transfer. Students and taxes Both the initial plan and the receiving plan must provide for transfers. Students and taxes Your accumulated benefit after the transfer must be at least equal to what it was before the transfer. Students and taxes The new plan’s restrictions on distributions must be the same or stricter than those of the original plan. Students and taxes Tax-free transfers for certain cash distributions. Students and taxes   A tax-free transfer may also apply to a cash distribution of your 403(b) account from an insurance company that is subject to a rehabilitation, conservatorship, insolvency, or similar state proceeding. Students and taxes To receive tax-free treatment, you must do all of the following: Withdraw all the cash to which you are entitled in full settlement of your contract rights or, if less, the maximum permitted by the state. Students and taxes Reinvest the cash distribution in a single policy or contract issued by another insurance company or in a single custodial account subject to the same or stricter distribution restrictions as the original contract not later than 60 days after you receive the cash distribution. Students and taxes Assign all future distribution rights to the new contract or account for investment in that contract or account if you received an amount that is less than what you are entitled to because of state restrictions. Students and taxes   In addition to the preceding requirements, you must provide the new insurer with a written statement containing all of the following information: The gross amount of cash distributed under the old contract. Students and taxes The amount of cash reinvested in the new contract. Students and taxes Your investment in the old contract on the date you receive your first cash distribution. Students and taxes   Also, you must attach the following items to your timely filed income tax return in the year you receive the first distribution of cash. Students and taxes A copy of the statement you gave the new insurer. Students and taxes A statement that includes: The words ELECTION UNDER REV. Students and taxes PROC. Students and taxes 92-44, The name of the company that issued the new contract, and The new policy number. Students and taxes Direct trustee-to-trustee transfer. Students and taxes   If you make a direct trustee-to-trustee transfer, from your governmental 403(b) account to a defined benefit governmental plan, it may not be includible in gross income. Students and taxes   The transfer amount is not includible in gross income if it is made to: Purchase permissive service credits, or Repay contributions and earnings that were previously refunded under a forfeiture of service credit under the plan, or under another plan maintained by a state or local government employer within the same state. Students and taxes After-tax contributions. Students and taxes   For distributions beginning after December 31, 2006, after-tax contributions can be rolled over between a 403(b) plan and a defined benefit plan, IRA, or a defined contribution plan. Students and taxes If the rollover is to or from a 403(b) plan, it must occur through a direct trustee-to-trustee transfer. Students and taxes Permissive service credit. Students and taxes   A permissive service credit is credit for a period of service recognized by a defined benefit governmental plan only if you voluntarily contribute to the plan an amount that does not exceed the amount necessary to fund the benefit attributable to the period of service and the amount contributed is in addition to the regular employee contribution, if any, under the plan. Students and taxes   A permissive service credit may also include service credit for up to 5 years where there is no performance of service, or service credited to provide an increased benefit for service credit which a participant is receiving under the plan. Students and taxes   Check with your plan administrator as to the type and extent of service that may be purchased by this transfer. Students and taxes Tax-Free Rollovers You can generally roll over tax free all or any part of a distribution from a 403(b) plan to a traditional IRA or a non-Roth eligible retirement plan, except for any nonqualifying distributions, described later. Students and taxes You may also roll over any part of a distribution from a 403(b) plan by converting it through a direct rollover, described below, to a Roth IRA. Students and taxes Conversion amounts are generally includible in your taxable income in the year of the distribution from your 403(b) account. Students and taxes See Publication 590 for more information about conversion into a Roth IRA. Students and taxes Note. Students and taxes A participant is required to roll over distribution amounts received within 60 days in order for the amount to be treated as nontaxable. Students and taxes Distribution amounts that are rolled over within the 60 days are not subject to the 10% early distribution penalty. Students and taxes Rollovers to and from 403(b) plans. Students and taxes   You can generally roll over tax free all or any part of a distribution from an eligible retirement plan to a 403(b) plan. Students and taxes Beginning January 1, 2008, distributions from tax-qualified retirement plans and tax-sheltered annuities can be converted by making a direct rollover into a Roth IRA subject to the restrictions that currently apply to rollovers from a traditional IRA into a Roth IRA. Students and taxes Converted amounts are generally includible in your taxable income in the year of the distribution from your 403(b) account. Students and taxes See Publication 590 for more information on conversion into a Roth IRA. Students and taxes   If a distribution includes both pre-tax contributions and after-tax contributions, the portion of the distribution that is rolled over is treated as consisting first of pre-tax amounts (contributions and earnings that would be includible in income if no rollover occurred). Students and taxes This means that if you roll over an amount that is at least as much as the pre-tax portion of the distribution, you do not have to include any of the distribution in income. Students and taxes   For more information on rollovers and eligible retirement plans, see Publication 575. Students and taxes If you roll over money or other property from a 403(b) plan to an eligible retirement plan, see Publication 575 for information about possible effects on later distributions from the eligible retirement plan. Students and taxes Hardship exception to rollover rules. Students and taxes   The IRS may waive the 60-day rollover period if the failure to waive such requirement would be against equity or good conscience, including cases of casualty, disaster, or other events beyond the reasonable control of an individual. Students and taxes   To obtain a hardship exception, you must apply to the IRS for a waiver of the 60-day rollover requirement. Students and taxes You apply for the waiver by following the general instructions used in requesting a letter ruling. Students and taxes These instructions are stated in Revenue Procedure 2013-4, 2013-1 I. Students and taxes R. Students and taxes B. Students and taxes 126 available at www. Students and taxes irs. Students and taxes gov/irb/2013-01_IRB/ar09. Students and taxes html, or see the latest annual update. Students and taxes You must also pay a user fee with the application. Students and taxes The user fee for a rollover that is less than $50,000 is $500. Students and taxes For rollovers that are $50,000 or more, see Revenue Procedure 2013-8, 2013-1 I. Students and taxes R. Students and taxes B. Students and taxes 237 available at www. Students and taxes irs. Students and taxes gov/irb/2013-01_IRB/ar13. Students and taxes html, or see the latest annual update. Students and taxes   In determining whether to grant a waiver, the IRS will consider all relevant facts and circumstances, including: Whether errors were made by the financial institution; Whether you were unable to complete the rollover due to death, disability, hospitalization, incarceration, restrictions imposed by a foreign country, or postal error; Whether you used the amount distributed (for example, in the case of payment by check, whether you cashed the check); and How much time has passed since the date of distribution. Students and taxes   For additional information on rollovers, see Publication 590. Students and taxes Eligible retirement plans. Students and taxes   The following are considered eligible retirement plans. Students and taxes Individual retirement arrangements. Students and taxes Roth IRA. Students and taxes 403(b) plans. Students and taxes Government eligible 457 plans. Students and taxes Qualified retirement plans. Students and taxes  If the distribution is from a designated Roth account, then the only eligible retirement plan is another designated Roth account or a Roth IRA. Students and taxes Nonqualifying distributions. Students and taxes   You cannot roll over tax free: Minimum required distributions (generally required to begin at age 70½), Substantially equal payments over your life or life expectancy, Substantially equal payments over the joint lives or life expectancies of your beneficiary and you, Substantially equal payments for a period of 10 years or more, Hardship distributions, or Corrective distributions of excess contributions or excess deferrals, and any income allocable to the excess, or excess annual additions and any allocable gains. Students and taxes Rollover of nontaxable amounts. Students and taxes    You may be able to roll over the nontaxable part of a distribution (such as your after-tax contributions) made to another eligible retirement plan, traditional IRA, or Roth IRA. Students and taxes The transfer must be made either through a direct rollover to an eligible plan that separately accounts for the taxable and nontaxable parts of the rollover or through a rollover to a traditional IRA or Roth IRA. Students and taxes   If you roll over only part of a distribution that includes both taxable and nontaxable amounts, the amount you roll over is treated as coming first from the taxable part of the distribution. Students and taxes Direct rollovers of 403(b) plan distributions. Students and taxes   You have the option of having your 403(b) plan make the rollover directly to a traditional IRA, Roth IRA, or new plan. Students and taxes Before you receive a distribution, your plan will give you information on this. Students and taxes It is generally to your advantage to choose this option because your plan will not withhold tax on the distribution if you choose it. Students and taxes Distribution received by you. Students and taxes   If you receive a distribution that qualifies to be rolled over, you can roll over all or any part of the distribution. Students and taxes Generally, you will receive only 80% of the distribution because 20% must be withheld. Students and taxes If you roll over only the 80% you receive, you must pay tax on the 20% you did not roll over. Students and taxes You can replace the 20% that was withheld with other money within the 60-day period to make a 100% rollover. Students and taxes Voluntary deductible contributions. Students and taxes   For tax years 1982 through 1986, employees could make deductible contributions to a 403(b) plan under the individual retirement arrangement (IRA) rules instead of deducting contributions to a traditional IRA. Students and taxes   If you made voluntary deductible contributions to a 403(b) plan under these traditional IRA rules, the distribution of all or part of the accumulated deductible contributions may be rolled over if it otherwise qualifies as a distribution you can roll over. Students and taxes Accumulated deductible contributions are the deductible contributions: Plus Income allocable to the contributions, Gain allocable to the contributions, and Minus Expenses and losses allocable to the contributions, and Distributions from the contributions, income, or gain. Students and taxes Excess employer contributions. Students and taxes   The portion of a distribution from a 403(b) plan transferred to a traditional IRA that was previously included in income as excess employer contributions (discussed earlier) is not an eligible rollover distribution. Students and taxes   Its transfer does not affect the rollover treatment of the eligible portion of the transferred amounts. Students and taxes However, the ineligible portion is subject to the traditional IRA contribution limits and may create an excess IRA contribution subject to a 6% excise tax (see chapter 1 of Publication 590). Students and taxes Qualified domestic relations order. Students and taxes   You may be able to roll over tax free all or any part of an eligible rollover distribution from a 403(b) plan that you receive under a qualified domestic relations order (QDRO). Students and taxes If you receive the interest in the 403(b) plan as an employee's spouse or former spouse under a QDRO, all of the rollover rules apply to you as if you were the employee. Students and taxes You can roll over your interest in the plan to a traditional IRA or another 403(b) plan. Students and taxes For more information on the treatment of an interest received under a QDRO, see Publication 575. Students and taxes Spouses of deceased employees. Students and taxes   If you are the spouse of a deceased employee, you can roll over the qualifying distribution attributable to the employee. Students and taxes You can make the rollover to any eligible retirement plan. Students and taxes   After you roll money and other property over from a 403(b) plan to an eligible retirement plan, and you take a distribution from that plan, you will not be eligible to receive the capital gain treatment or the special averaging treatment for the distribution. Students and taxes Second rollover. Students and taxes   If you roll over a qualifying distribution to a traditional IRA, you can, if certain conditions are satisfied, later roll the distribution into another 403(b) plan. Students and taxes For more information, see IRA as a holding account (conduit IRA) for rollovers to other eligible plans in chapter 1 of Publication 590. Students and taxes Nonspouse beneficiary. Students and taxes   A nonspouse beneficiary may make a direct rollover of a distribution from a 403(b) plan of a deceased participant if the rollover is a direct transfer to an inherited IRA established to receive the distribution. Students and taxes If the rollover is a direct trustee-to-trustee transfer to an IRA established to receive the distribution: The transfer will be treated as an eligible rollover distribution. Students and taxes The IRA will be considered an inherited account. Students and taxes The required minimum distribution rules that apply in instances where the participant dies before the entire interest is distributed will apply to the transferred IRA. Students and taxes    For more information on IRAs, see Publication 590. Students and taxes Frozen deposits. Students and taxes   The 60-day period usually allowed for completing a rollover is extended for any time that the amount distributed is a frozen deposit in a financial institution. Students and taxes The 60-day period cannot end earlier than 10 days after the deposit ceases to be a frozen deposit. Students and taxes   A frozen deposit is any deposit that on any day during the 60-day period cannot be withdrawn because: The financial institution is bankrupt or insolvent, or The state where the institution is located has placed limits on withdrawals because one or more banks in the state are (or are about to be) bankrupt or insolvent. Students and taxes Gift Tax If, by choosing or not choosing an election, or option, you provide an annuity for your beneficiary at or after your death, you may have made a taxable gift equal to the value of the annuity. Students and taxes Joint and survivor annuity. Students and taxes   If the gift is an interest in a joint and survivor annuity where only you and your spouse have the right to receive payments, the gift will generally be treated as qualifying for the unlimited marital deduction. Students and taxes More information. Students and taxes   For information on the gift tax, see Publication 559, Survivors, Executors, and Administrators. Students and taxes Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Has your business become the victim of a data security breach?

It is almost impossible to be in business and not collect or hold personally identifying information — names and addresses, Social Security numbers, etc., about your customers, employees or patients. If this information is lost or stolen, it could put these individuals at risk for identity theft

However, not all compromises of personal information result in identity theft.  The type of personal information compromised can significantly affect the degree of potential damage. What steps should you take and whom should you contact if personal information is compromised? Answers vary depending on the situation; however, the following information can help you make smart, sound decisions. Check federal and state laws or regulations for any specific requirements for your business.

Here are three important steps to take when you first realize your business has encountered a data security breach.

  • Notify law enforcement - When the compromise could result in harm to a person or business, call your local police department immediately. Report your situation and the potential risk for identity theft.
  • Notify affected businesses - Information compromises can affect other businesses, such as banks or credit issuers. If names and Social Security numbers have been stolen, you can contact the major credit bureaus for additional information or advice.
  • Notify individuals - Generally, early notification to individuals whose personal information has been compromised allows them to take steps to mitigate the misuse of their information.

Other resources for businesses facing a data security breach.

Identity protection page

 

Page Last Reviewed or Updated: 21-Mar-2014

The Students And Taxes

Students and taxes 34. Students and taxes   Child Tax Credit Table of Contents Introduction Useful Items - You may want to see: Qualifying Child Amount of CreditLimits on the Credit Claiming the Credit Additional Child Tax Credit Completing Schedule 8812 (Form 1040A or 1040)Part I Parts II–IV Introduction The child tax credit is a credit that may reduce your tax by as much as $1,000 for each of your qualifying children. Students and taxes The additional child tax credit is a credit you may be able to take if you are not able to claim the full amount of the child tax credit. Students and taxes This chapter explains the following. Students and taxes Who is a qualifying child. Students and taxes The amount of the credit. Students and taxes How to claim the credit. Students and taxes The child tax credit and the additional child tax credit should not be confused with the child and dependent care credit discussed in chapter 32. Students and taxes If you have no tax. Students and taxes   Credits, such as the child tax credit or the credit for child and dependent care expenses, are used to reduce tax. Students and taxes If your tax on Form 1040, line 46, or Form 1040A, line 28, is zero, do not figure the child tax credit because there is no tax to reduce. Students and taxes However, you may qualify for the additional child tax credit on line 65 (Form 1040) or line 39 (Form 1040A). Students and taxes Useful Items - You may want to see: Publication 972 Child Tax Credit Form (and Instructions) Schedule 8812 (Form 1040A or 1040) Child Tax Credit W-4 Employee's Withholding Allowance Certificate Qualifying Child A qualifying child for purposes of the child tax credit is a child who: Is your son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister, or a descendant of any of them (for example, your grandchild, niece, or nephew), Was under age 17 at the end of 2013, Did not provide over half of his or her own support for 2013, Lived with you for more than half of 2013 (see Exceptions to time lived with you , later), Is claimed as a dependent on your return, Does not file a joint return for the year (or files it only as a claim for refund), and Was a U. Students and taxes S. Students and taxes citizen, a U. Students and taxes S. Students and taxes national, or a resident of the United States. Students and taxes If the child was adopted, see Adopted child , later. Students and taxes For each qualifying child you must check the box on Form 1040 or Form 1040A, line 6c. Students and taxes Example 1. Students and taxes Your son turned 17 on December 30, 2013. Students and taxes He is a citizen of the United States and you claimed him as a dependent on your return. Students and taxes He is not a qualifying child for the child tax credit because he was not under age 17 at the end of 2013. Students and taxes Example 2. Students and taxes Your daughter turned 8 years old in 2013. Students and taxes She is not a citizen of the United States, has an ITIN, and lived in Mexico all of 2013. Students and taxes She is not a qualifying child for the child tax credit because she was not a resident of the United States for 2013. Students and taxes Filers who have certain child dependents with an Individual Taxpayer Identification Number (ITIN). Students and taxes   If you are claiming a child tax credit or additional child tax credit for a child you identified on your tax return with an ITIN instead of an SSN, you must complete Part I of Schedule 8812 (Form 1040A or 1040). Students and taxes   Although a child may be your dependent, you may only claim a child tax credit or additional child tax credit for a dependent who is a citizen, national, or resident of the United States. Students and taxes To be treated as a resident of the United States, a child generally will need to meet the requirements of the substantial presence test. Students and taxes For more information about the substantial presence test, see Publication 519, U. Students and taxes S. Students and taxes Tax Guide for Aliens. Students and taxes Adopted child. Students and taxes   An adopted child is always treated as your own child. Students and taxes An adopted child includes a child lawfully placed with you for legal adoption. Students and taxes   If you are a U. Students and taxes S. Students and taxes citizen or U. Students and taxes S. Students and taxes national and your adopted child lived with you all year as a member of your household in 2013, that child meets condition (7) above to be a qualifying child for the child tax credit. Students and taxes Exceptions to time lived with you. Students and taxes   A child is considered to have lived with you for more than half of 2013 if the child was born or died in 2013 and your home was this child's home for more than half the time he or she was alive. Students and taxes Temporary absences by you or the child for special circumstances, such as for school, vacation, business, medical care, military service, or detention in a juvenile facility, count as time the child lived with you. Students and taxes   There are also exceptions for kidnapped children and children of divorced or separated parents. Students and taxes For details, see Residency Test in chapter 3. Students and taxes Qualifying child of more than one person. Students and taxes   A special rule applies if your qualifying child is the qualifying child of more than one person. Students and taxes For details, see Special Rule for Qualifying Child of More Than One Person in chapter 3. Students and taxes Amount of Credit The maximum amount you can claim for the credit is $1,000 for each qualifying child. Students and taxes Limits on the Credit You must reduce your child tax credit if either (1) or (2) applies. Students and taxes The amount on Form 1040, line 46, or Form 1040A, line 28, is less than the credit. Students and taxes If this amount is zero, you cannot take this credit because there is no tax to reduce. Students and taxes But you may be able to take the additional child tax credit. Students and taxes See Additional Child Tax Credit , later. Students and taxes Your modified adjusted gross income (AGI) is more than the amount shown below for your filing status. Students and taxes Married filing jointly - $110,000. Students and taxes Single, head of household, or qualifying widow(er) - $75,000. Students and taxes Married filing separately - $55,000. Students and taxes Modified AGI. Students and taxes   For purposes of the child tax credit, your modified AGI is your AGI plus the following amounts that may apply to you. Students and taxes Any amount excluded from income because of the exclusion of income from  Puerto Rico. Students and taxes On the dotted line next to Form 1040, line 38, enter the amount excluded and identify it as “EPRI. Students and taxes ” Also attach a copy of any Form(s) 499R-2/W-2PR to your return. Students and taxes Any amount on line 45 or line 50 of Form 2555, Foreign Earned Income. Students and taxes Any amount on line 18 of Form 2555-EZ, Foreign Earned Income Exclusion. Students and taxes Any amount on line 15 of Form 4563, Exclusion of Income for Bona Fide Residents of American Samoa. Students and taxes   If you do not have any of the above, your modified AGI is the same as your AGI. Students and taxes AGI. Students and taxes   Your AGI is the amount on Form 1040, line 38, or Form 1040A, line 22. Students and taxes Claiming the Credit To claim the child tax credit, you must file Form 1040 or Form 1040A. Students and taxes You cannot claim the child tax credit on Form 1040EZ. Students and taxes You must provide the name and identification number (usually a social security number) on your tax return for each qualifying child. Students and taxes If you claim the child tax credit with a child identified by an ITIN, you must also file Schedule 8812. Students and taxes To figure your credit, first review the Child Tax Credit Worksheet in your Form 1040 or 1040A instructions. Students and taxes If you are instructed to use Publication 972, you may not use the worksheet in your tax return instructions; instead, you must use Publication 972 to figure the credit. Students and taxes If you are not instructed to use Publication 972, you may use the Child Tax Credit Worksheet in your Form 1040 or 1040A instructions or Publication 972 to figure the credit. Students and taxes Additional Child Tax Credit This credit is for certain individuals who get less than the full amount of the child tax credit. Students and taxes The additional child tax credit may give you a refund even if you do not owe any tax. Students and taxes How to claim the additional child tax credit. Students and taxes   To claim the additional child tax credit, follow the steps below. Students and taxes Make sure you figured the amount, if any, of your child tax credit. Students and taxes See Claiming the Credit , earlier. Students and taxes If you answered “Yes” on line 9 or line 10 of the Child Tax Credit Worksheet in the Form 1040 or Form 1040A instructions, or line 13 of the Child Tax Credit Worksheet in Publication 972, use Parts II through IV of Schedule 8812 to see if you can take the additional child tax credit. Students and taxes If you have an additional child tax credit on line 13 of Schedule 8812, carry it to Form 1040, line 65, or Form 1040A, line 39. Students and taxes Completing Schedule 8812 (Form 1040A or 1040) Schedule 8812 contains four parts, but can really be thought of as two sections. Students and taxes Part I is distinct and separate from Parts II–IV. Students and taxes If all your children are identified by social security numbers or IRS adoption taxpayer identification numbers and you are not claiming the additional child tax credit, you do not need to complete or attach Schedule 8812 to your tax return. Students and taxes Part I You only need to complete Part I if you are claiming the child tax credit for a child identified by an IRS individual taxpayer identification number (ITIN). Students and taxes When completing Part I, only answer the questions with regard to children identified by an ITIN; you do not need to complete Part I of Schedule 8812 for any child that is identified by a social security number (SSN) or an IRS adoption taxpayer identification number (ATIN). Students and taxes If all the children for whom you checked the box in column 4 of line 6c on your Form 1040 or Form 1040A are identified by an SSN or an ATIN, you do not need to complete Part I of Schedule 8812. Students and taxes Parts II–IV Parts II–IV help you figure your additional child tax credit. Students and taxes Generally, you should only complete Parts II–IV if you are instructed to do so after completing the Child Tax Credit Worksheet in your tax return instructions or Publication 972. Students and taxes See How to claim the additional child tax credit , earlier. Students and taxes Prev  Up  Next   Home   More Online Publications