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

Taxact 2011 Deluxe Federal Edition Download

Amend Your TaxesCan I File My 2012 Taxes In 2013H&r Block 1040ezForm 1040x2010 Tax Forms 1040How To File A 1040xWhat Do I Need To File My 2012 Tax Return1040 Form For 2010540ez FormTax Return Forms 20111040ez BookIrs Gov Form 1040Tax Form 1040ezEz Tax FormH And R Block Free Tax FilingHow To File 2010 Taxes Online For FreeFile Taxes FreeFree Tax E FileFree EfileFree Tax Software 20122010incometax FormsPrevious Year Tax ReturnFederal Tax Ez Form2012 Federal Income Tax1040ez Tax FormsWww Myfreetaxes Com Cnm2Amended State Tax ReturnFree Tax FilingHow To Amend Your Taxes1040ez Tax Form Instructions1040x Address SendFile Free State Income TaxHow Can I File My 2012 TaxesAmending Taxes After FilingAmend A Tax Return 2011Federal Income Tax Forms 1040ezFiling State ReturnsFiling State Taxes Online For Free2011 Taxes EfileTax 2012

Taxact 2011 Deluxe Federal Edition Download

Taxact 2011 deluxe federal edition download 36. Taxact 2011 deluxe federal edition download   Earned Income Credit (EIC) Table of Contents What's New Reminders Introduction Useful Items - You may want to see: Do You Qualify for the Credit?If Improper Claim Made in Prior Year Part A. Taxact 2011 deluxe federal edition download Rules for EveryoneRule 1. Taxact 2011 deluxe federal edition download Your AGI Must Be Less Than: Rule 2. Taxact 2011 deluxe federal edition download You Must Have a Valid Social Security Number (SSN) Rule 3. Taxact 2011 deluxe federal edition download Your Filing Status Cannot Be Married Filing Separately Rule 4. Taxact 2011 deluxe federal edition download You Must Be a U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download Citizen or Resident Alien All Year Rule 5. Taxact 2011 deluxe federal edition download You Cannot File Form 2555 or Form 2555-EZ Rule 6. Taxact 2011 deluxe federal edition download Your Investment Income Must Be $3,300 or Less Rule 7. Taxact 2011 deluxe federal edition download You Must Have Earned Income Part B. Taxact 2011 deluxe federal edition download Rules If You Have a Qualifying ChildRule 8. Taxact 2011 deluxe federal edition download Your Child Must Meet the Relationship, Age, Residency, and Joint Return Tests Rule 9. Taxact 2011 deluxe federal edition download Your Qualifying Child Cannot Be Used By More Than One Person To Claim the EIC Rule 10. Taxact 2011 deluxe federal edition download You Cannot Be a Qualifying Child of Another Taxpayer Part C. Taxact 2011 deluxe federal edition download Rules If You Do Not Have a Qualifying ChildRule 11. Taxact 2011 deluxe federal edition download You Must Be at Least Age 25 but Under Age 65 Rule 12. Taxact 2011 deluxe federal edition download You Cannot Be the Dependent of Another Person Rule 13. Taxact 2011 deluxe federal edition download You Cannot Be a Qualifying Child of Another Taxpayer Rule 14. Taxact 2011 deluxe federal edition download You Must Have Lived in the United States More Than Half of the Year Part D. Taxact 2011 deluxe federal edition download Figuring and Claiming the EICRule 15. Taxact 2011 deluxe federal edition download Your Earned Income Must Be Less Than: IRS Will Figure the EIC for You How To Figure the EIC Yourself ExamplesExample 1. Taxact 2011 deluxe federal edition download John and Janet Smith (Form 1040A) Example 2. Taxact 2011 deluxe federal edition download Kelly Green (Form 1040EZ) What's New Earned income amount is more. Taxact 2011 deluxe federal edition download  The maximum amount of income you can earn and still get the credit has increased. Taxact 2011 deluxe federal edition download You may be able to take the credit if: You have three or more qualifying children and you earned less than $46,227 ($51,567 if married filing jointly), You have two qualifying children and you earned less than $43,038 ($48,378 if married filing jointly), You have one qualifying child and you earned less than $37,870 ($43,210 if married filing jointly), or You do not have a qualifying child and you earned less than $14,340 ($19,680 if married filing jointly). Taxact 2011 deluxe federal edition download Your adjusted gross income also must be less than the amount in the above list that applies to you. Taxact 2011 deluxe federal edition download For details, see Rules 1 and 15. Taxact 2011 deluxe federal edition download Investment income amount is more. Taxact 2011 deluxe federal edition download  The maximum amount of investment income you can have and still get the credit has increased to $3,300. Taxact 2011 deluxe federal edition download See Rule 6. Taxact 2011 deluxe federal edition download Reminders Increased EIC on certain joint returns. Taxact 2011 deluxe federal edition download  A married person filing a joint return may get more EIC than someone with the same income but a different filing status. Taxact 2011 deluxe federal edition download As a result, the EIC table has different columns for married persons filing jointly than for everyone else. Taxact 2011 deluxe federal edition download When you look up your EIC in the EIC Table, be sure to use the correct column for your filing status and the number of children you have. Taxact 2011 deluxe federal edition download Online help. Taxact 2011 deluxe federal edition download  You can use the EITC Assistant at www. Taxact 2011 deluxe federal edition download irs. Taxact 2011 deluxe federal edition download gov/eitc to find out if you are eligible for the credit. Taxact 2011 deluxe federal edition download The EITC Assistant is available in English and Spanish. Taxact 2011 deluxe federal edition download EIC questioned by IRS. Taxact 2011 deluxe federal edition download  The IRS may ask you to provide documents to prove you are entitled to claim the EIC. Taxact 2011 deluxe federal edition download We will tell you what documents to send us. Taxact 2011 deluxe federal edition download These may include: birth certificates, school records, medical records, etc. Taxact 2011 deluxe federal edition download The process of establishing your eligibility will delay your refund. Taxact 2011 deluxe federal edition download Introduction The earned income credit (EIC) is a tax credit for certain people who work and have less than $51,567 of earned income. Taxact 2011 deluxe federal edition download A tax credit usually means more money in your pocket. Taxact 2011 deluxe federal edition download It reduces the amount of tax you owe. Taxact 2011 deluxe federal edition download The EIC may also give you a refund. Taxact 2011 deluxe federal edition download How do you get the earned income credit?   To claim the EIC, you must: Qualify by meeting certain rules, and File a tax return, even if you: Do not owe any tax, Did not earn enough money to file a return, or Did not have income taxes withheld from your pay. Taxact 2011 deluxe federal edition download When you complete your return, you can figure your EIC by using a worksheet in the instructions for Form 1040, Form 1040A, or Form 1040EZ. Taxact 2011 deluxe federal edition download Or, if you prefer, you can let the IRS figure the credit for you. Taxact 2011 deluxe federal edition download How will this chapter help you?   This chapter will explain the following. Taxact 2011 deluxe federal edition download The rules you must meet to qualify for the EIC. Taxact 2011 deluxe federal edition download How to figure the EIC. Taxact 2011 deluxe federal edition download Useful Items - You may want to see: Publication 596 Earned Income Credit (EIC) Form (and Instructions) Schedule EIC Earned Income Credit (Qualifying Child Information) 8862 Information To Claim Earned Income Credit After Disallowance Do You Qualify for the Credit? To qualify to claim the EIC, you must first meet all of the rules explained in Part A, Rules for Everyone . Taxact 2011 deluxe federal edition download Then you must meet the rules in Part B, Rules If You Have a Qualifying Child , or Part C, Rules If You Do Not Have a Qualifying Child . Taxact 2011 deluxe federal edition download There is one final rule you must meet in Part D, Figuring and Claiming the EIC . Taxact 2011 deluxe federal edition download You qualify for the credit if you meet all the rules in each part that applies to you. Taxact 2011 deluxe federal edition download If you have a qualifying child, the rules in Parts A, B, and D apply to you. Taxact 2011 deluxe federal edition download If you do not have a qualifying child, the rules in Parts A, C, and D apply to you. Taxact 2011 deluxe federal edition download Table 36-1, Earned Income Credit in a Nutshell. Taxact 2011 deluxe federal edition download   Use Table 36–1 as a guide to Parts A, B, C, and D. Taxact 2011 deluxe federal edition download The table is a summary of all the rules in each part. Taxact 2011 deluxe federal edition download Do you have a qualifying child?   You have a qualifying child only if you have a child who meets the four tests described in Rule 8 and illustrated in Figure 36–1. Taxact 2011 deluxe federal edition download If Improper Claim Made in Prior Year If your EIC for any year after 1996 was denied or reduced for any reason other than a math or clerical error, you must attach a completed Form 8862 to your next tax return to claim the EIC. Taxact 2011 deluxe federal edition download You must also qualify to claim the EIC by meeting all the rules described in this chapter. Taxact 2011 deluxe federal edition download However, if your EIC was denied or reduced as a result of a math or clerical error, do not attach Form 8862 to your next tax return. Taxact 2011 deluxe federal edition download For example, if your arithmetic is incorrect, the IRS can correct it. Taxact 2011 deluxe federal edition download If you do not provide a correct social security number, the IRS can deny the EIC. Taxact 2011 deluxe federal edition download These kinds of errors are called math or clerical errors. Taxact 2011 deluxe federal edition download If your EIC for any year after 1996 was denied and it was determined that your error was due to reckless or intentional disregard of the EIC rules, then you cannot claim the EIC for the next 2 years. Taxact 2011 deluxe federal edition download If your error was due to fraud, then you cannot claim the EIC for the next 10 years. Taxact 2011 deluxe federal edition download More information. Taxact 2011 deluxe federal edition download   See chapter 5 in Publication 596 for more detailed information about the disallowance period and Form 8862. Taxact 2011 deluxe federal edition download Part A. Taxact 2011 deluxe federal edition download Rules for Everyone This part of the chapter discusses Rules 1 through 7. Taxact 2011 deluxe federal edition download You must meet all seven rules to qualify for the earned income credit. Taxact 2011 deluxe federal edition download If you do not meet all seven rules, you cannot get the credit and you do not need to read the rest of the chapter. Taxact 2011 deluxe federal edition download If you meet all seven rules in this part, then read either Part B or Part C (whichever applies) for more rules you must meet. Taxact 2011 deluxe federal edition download Rule 1. Taxact 2011 deluxe federal edition download Your AGI Must Be Less Than: $46,227 ($51,567 for married filing jointly) if you have three or more qualifying children, $43,038 ($48,378 for married filing jointly) if you have two qualifying children, $37,870 ($43,210 for married filing jointly) if you have one qualifying child, or $14,340 ($19,680 for married filing jointly) if you do not have a qualifying child. Taxact 2011 deluxe federal edition download Adjusted gross income (AGI). Taxact 2011 deluxe federal edition download   AGI is the amount on line 38 (Form 1040), line 22 (Form 1040A), or line 4 (Form 1040EZ). Taxact 2011 deluxe federal edition download If your AGI is equal to or more than the applicable limit listed above, you cannot claim the EIC. Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download Your AGI is $38,550, you are single, and you have one qualifying child. Taxact 2011 deluxe federal edition download You cannot claim the EIC because your AGI is not less than $37,870. Taxact 2011 deluxe federal edition download However, if your filing status was married filing jointly, you might be able to claim the EIC because your AGI is less than $43,210. Taxact 2011 deluxe federal edition download Community property. Taxact 2011 deluxe federal edition download   If you are married, but qualify to file as head of household under special rules for married taxpayers living apart (see Rule 3 ), and live in a state that has community property laws, your AGI includes that portion of both your and your spouse's wages that you are required to include in gross income. Taxact 2011 deluxe federal edition download This is different from the community property rules that apply under Rule 7 . Taxact 2011 deluxe federal edition download Rule 2. Taxact 2011 deluxe federal edition download You Must Have a Valid Social Security Number (SSN) To claim the EIC, you (and your spouse, if filing a joint return) must have a valid SSN issued by the Social Security Administration (SSA). Taxact 2011 deluxe federal edition download Any qualifying child listed on Schedule EIC also must have a valid SSN. Taxact 2011 deluxe federal edition download (See Rule 8 if you have a qualifying child. Taxact 2011 deluxe federal edition download ) If your social security card (or your spouse's, if filing a joint return) says “Not valid for employment” and your SSN was issued so that you (or your spouse) could get a federally funded benefit, you cannot get the EIC. Taxact 2011 deluxe federal edition download An example of a federally funded benefit is Medicaid. Taxact 2011 deluxe federal edition download If you have a card with the legend “Not valid for employment” and your immigration status has changed so that you are now a U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download citizen or permanent resident, ask the SSA for a new social security card without the legend. Taxact 2011 deluxe federal edition download U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download citizen. Taxact 2011 deluxe federal edition download   If you were a U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download citizen when you received your SSN, you have a valid SSN. Taxact 2011 deluxe federal edition download Valid for work only with INS or DHS authorization. Taxact 2011 deluxe federal edition download   If your social security card reads “Valid for work only with INS authorization” or “Valid for work only with DHS authorization,” you have a valid SSN, but only if that authorization is still valid. Taxact 2011 deluxe federal edition download SSN missing or incorrect. Taxact 2011 deluxe federal edition download   If an SSN for you or your spouse is missing from your tax return or is incorrect, you may not get the EIC. Taxact 2011 deluxe federal edition download Other taxpayer identification number. Taxact 2011 deluxe federal edition download   You cannot get the EIC if, instead of an SSN, you (or your spouse, if filing a joint return) have an individual taxpayer identification number (ITIN). Taxact 2011 deluxe federal edition download ITINs are issued by the Internal Revenue Service to noncitizens who cannot get an SSN. Taxact 2011 deluxe federal edition download No SSN. Taxact 2011 deluxe federal edition download   If you do not have a valid SSN, put “No” next to line 64a (Form 1040), line 38a (Form 1040A), or line 8a (Form 1040EZ). Taxact 2011 deluxe federal edition download You cannot claim the EIC. Taxact 2011 deluxe federal edition download Getting an SSN. Taxact 2011 deluxe federal edition download   If you (or your spouse, if filing a joint return) do not have an SSN, you can apply for one by filing Form SS-5, Application for a Social Security Card, with the SSA. Taxact 2011 deluxe federal edition download You can get Form SS-5 online at www. Taxact 2011 deluxe federal edition download socialsecurity. Taxact 2011 deluxe federal edition download gov, from your local SSA office, or by calling the SSA at 1-800-772-1213. Taxact 2011 deluxe federal edition download Filing deadline approaching and still no SSN. Taxact 2011 deluxe federal edition download   If the filing deadline is approaching and you still do not have an SSN, you have two choices. Taxact 2011 deluxe federal edition download Request an automatic 6-month extension of time to file your return. Taxact 2011 deluxe federal edition download You can get this extension by filing Form 4868, Application for Automatic Extension of Time to File U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download Individual Income Tax Return. Taxact 2011 deluxe federal edition download For more information, see chapter 1 . Taxact 2011 deluxe federal edition download File the return on time without claiming the EIC. Taxact 2011 deluxe federal edition download After receiving the SSN, file an amended return (Form 1040X, Amended U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download Individual Income Tax Return) claiming the EIC. Taxact 2011 deluxe federal edition download Attach a filled-in Schedule EIC if you have a qualifying child. Taxact 2011 deluxe federal edition download Table 36-1. Taxact 2011 deluxe federal edition download Earned Income Credit in a Nutshell First, you must meet all the rules in this column. Taxact 2011 deluxe federal edition download Second, you must meet all the rules in one of these columns, whichever applies. Taxact 2011 deluxe federal edition download Third, you must meet the rule in this column. Taxact 2011 deluxe federal edition download Part A. Taxact 2011 deluxe federal edition download  Rules for Everyone Part B. Taxact 2011 deluxe federal edition download  Rules If You Have a Qualifying Child Part C. Taxact 2011 deluxe federal edition download  Rules If You Do Not Have a Qualifying Child Part D. Taxact 2011 deluxe federal edition download  Figuring and Claiming the EIC 1. Taxact 2011 deluxe federal edition download Your adjusted gross income (AGI) must be less than: • $46,227 ($51,567 for married filing jointly) if you have three or more qualifying children,  • $43,038 ($48,378 for married filing jointly) if you have two qualifying children,  • $37,870 ($43,210 for married filing jointly) if you have one qualifying child, or   • $14,340 ($19,680 for married filing jointly) if you do not have a qualifying child. Taxact 2011 deluxe federal edition download 2. Taxact 2011 deluxe federal edition download You must have a valid social security number. Taxact 2011 deluxe federal edition download  3. Taxact 2011 deluxe federal edition download Your filing status cannot be “Married filing separately. Taxact 2011 deluxe federal edition download ” 4. Taxact 2011 deluxe federal edition download You must be a U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download citizen or resident alien all year. Taxact 2011 deluxe federal edition download  5. Taxact 2011 deluxe federal edition download You cannot file Form 2555 or Form 2555-EZ (relating to foreign earned income). Taxact 2011 deluxe federal edition download  6. Taxact 2011 deluxe federal edition download Your investment income must be $3,300 or less. Taxact 2011 deluxe federal edition download  7. Taxact 2011 deluxe federal edition download You must have earned income. Taxact 2011 deluxe federal edition download 8. Taxact 2011 deluxe federal edition download Your child must meet the relationship, age, residency, and joint return tests. Taxact 2011 deluxe federal edition download  9. Taxact 2011 deluxe federal edition download Your qualifying child cannot be used by more than one person to claim the EIC. Taxact 2011 deluxe federal edition download  10. Taxact 2011 deluxe federal edition download You cannot be a qualifying child of another person. Taxact 2011 deluxe federal edition download 11. Taxact 2011 deluxe federal edition download You must be at least age 25 but under age 65. Taxact 2011 deluxe federal edition download  12. Taxact 2011 deluxe federal edition download You cannot be the dependent of another person. Taxact 2011 deluxe federal edition download  13. Taxact 2011 deluxe federal edition download You cannot be a qualifying child of another person. Taxact 2011 deluxe federal edition download  14. Taxact 2011 deluxe federal edition download You must have lived in the United States more than half of the year. Taxact 2011 deluxe federal edition download 15. Taxact 2011 deluxe federal edition download Your earned income must be less than: • $46,227 ($51,567 for married filing jointly) if you have three or more qualifying children,  • $43,038 ($48,378 for married filing jointly) if you have two qualifying children,  • $37,870 ($43,210 for married filing jointly) if you have one qualifying child, or   • $14,340 ($19,680 for married filing jointly) if you do not have a qualifying child. Taxact 2011 deluxe federal edition download Rule 3. Taxact 2011 deluxe federal edition download Your Filing Status Cannot Be Married Filing Separately If you are married, you usually must file a joint return to claim the EIC. Taxact 2011 deluxe federal edition download Your filing status cannot be “Married filing separately. Taxact 2011 deluxe federal edition download ” Spouse did not live with you. Taxact 2011 deluxe federal edition download   If you are married and your spouse did not live in your home at any time during the last 6 months of the year, you may be able to file as head of household, instead of married filing separately. Taxact 2011 deluxe federal edition download In that case, you may be able to claim the EIC. Taxact 2011 deluxe federal edition download For detailed information about filing as head of household, see chapter 2 . Taxact 2011 deluxe federal edition download Rule 4. Taxact 2011 deluxe federal edition download You Must Be a U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download Citizen or Resident Alien All Year If you (or your spouse, if married) were a nonresident alien for any part of the year, you cannot claim the earned income credit unless your filing status is married filing jointly. Taxact 2011 deluxe federal edition download You can use that filing status only if one spouse is a U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download citizen or resident alien and you choose to treat the nonresident spouse as a U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download resident. Taxact 2011 deluxe federal edition download If you make this choice, you and your spouse are taxed on your worldwide income. Taxact 2011 deluxe federal edition download If you (or your spouse, if married) were a nonresident alien for any part of the year and your filing status is not married filing jointly, enter “No” on the dotted line next to line 64a (Form 1040) or in the space to the left of line 38a (Form 1040A). Taxact 2011 deluxe federal edition download If you need more information on making this choice, get Publication 519, U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download Tax Guide for Aliens. Taxact 2011 deluxe federal edition download Rule 5. Taxact 2011 deluxe federal edition download You Cannot File Form 2555 or Form 2555-EZ You cannot claim the earned income credit if you file Form 2555, Foreign Earned Income, or Form 2555-EZ, Foreign Earned Income Exclusion. Taxact 2011 deluxe federal edition download You file these forms to exclude income earned in foreign countries from your gross income, or to deduct or exclude a foreign housing amount. Taxact 2011 deluxe federal edition download U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download possessions are not foreign countries. Taxact 2011 deluxe federal edition download See Publication 54, Tax Guide for U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download Citizens and Resident Aliens Abroad, for more detailed information. Taxact 2011 deluxe federal edition download Rule 6. Taxact 2011 deluxe federal edition download Your Investment Income Must Be $3,300 or Less You cannot claim the earned income credit unless your investment income is $3,300 or less. Taxact 2011 deluxe federal edition download If your investment income is more than $3,300, you cannot claim the credit. Taxact 2011 deluxe federal edition download For most people, investment income is the total of the following amounts. Taxact 2011 deluxe federal edition download Taxable interest (line 8a of Form 1040 or 1040A). Taxact 2011 deluxe federal edition download Tax-exempt interest (line 8b of Form 1040 or 1040A). Taxact 2011 deluxe federal edition download Dividend income (line 9a of Form 1040 or 1040A). Taxact 2011 deluxe federal edition download Capital gain net income (line 13 of Form 1040, if more than zero, or line 10 of Form 1040A). Taxact 2011 deluxe federal edition download If you file Form 1040EZ, your investment income is the total of the amount of line 2 and the amount of any tax-exempt interest you wrote to the right of the words “Form 1040EZ” on line 2. Taxact 2011 deluxe federal edition download However, see Rule 6 in chapter 1 of Publication 596 if: You are filing Schedule E (Form 1040), Form 4797, or Form 8814, or You are reporting income from the rental of personal property on Form 1040, line 21. Taxact 2011 deluxe federal edition download Rule 7. Taxact 2011 deluxe federal edition download You Must Have Earned Income This credit is called the “earned income” credit because, to qualify, you must work and have earned income. Taxact 2011 deluxe federal edition download If you are married and file a joint return, you meet this rule if at least one spouse works and has earned income. Taxact 2011 deluxe federal edition download If you are an employee, earned income includes all the taxable income you get from your employer. Taxact 2011 deluxe federal edition download If you are self-employed or a statutory employee, you will figure your earned income on EIC Worksheet B in the instructions for Form 1040. Taxact 2011 deluxe federal edition download Earned Income Earned income includes all of the following types of income. Taxact 2011 deluxe federal edition download Wages, salaries, tips, and other taxable employee pay. Taxact 2011 deluxe federal edition download Employee pay is earned income only if it is taxable. Taxact 2011 deluxe federal edition download Nontaxable employee pay, such as certain dependent care benefits and adoption benefits, is not earned income. Taxact 2011 deluxe federal edition download But there is an exception for nontaxable combat pay, which you can choose to include in earned income, as explained below. Taxact 2011 deluxe federal edition download Net earnings from self-employment. Taxact 2011 deluxe federal edition download Gross income received as a statutory employee. Taxact 2011 deluxe federal edition download Wages, salaries, and tips. Taxact 2011 deluxe federal edition download   Wages, salaries, and tips you receive for working are reported to you on Form W-2, in box 1. Taxact 2011 deluxe federal edition download You should report these on line 1 (Form 1040EZ) or line 7 (Forms 1040A and 1040). Taxact 2011 deluxe federal edition download Nontaxable combat pay election. Taxact 2011 deluxe federal edition download   You can elect to include your nontaxable combat pay in earned income for the earned income credit. Taxact 2011 deluxe federal edition download Electing to include nontaxable combat pay in earned income may increase or decrease your EIC. Taxact 2011 deluxe federal edition download Figure the credit with and without your nontaxable combat pay before making the election. Taxact 2011 deluxe federal edition download   If you make the election, you must include in earned income all nontaxable combat pay you received. Taxact 2011 deluxe federal edition download If you are filing a joint return and both you and your spouse received nontaxable combat pay, you can each make your own election. Taxact 2011 deluxe federal edition download In other words, if one of you makes the election, the other one can also make it but does not have to. Taxact 2011 deluxe federal edition download   The amount of your nontaxable combat pay should be shown in box 12 of your Form W-2 with code “Q. Taxact 2011 deluxe federal edition download ” Self-employed persons and statutory employees. Taxact 2011 deluxe federal edition download   If you are self-employed or received income as a statutory employee, you must use the Form 1040 instructions to see if you qualify to get the EIC. Taxact 2011 deluxe federal edition download Approved Form 4361 or Form 4029 This section is for persons who have an approved: Form 4361, Application for Exemption From Self-Employment Tax for Use by Ministers, Members of Religious Orders and Christian Science Practitioners, or Form 4029, Application for Exemption From Social Security and Medicare Taxes and Waiver of Benefits. Taxact 2011 deluxe federal edition download Each approved form exempts certain income from social security taxes. Taxact 2011 deluxe federal edition download Each form is discussed here in terms of what is or is not earned income for the EIC. Taxact 2011 deluxe federal edition download Form 4361. Taxact 2011 deluxe federal edition download   Whether or not you have an approved Form 4361, amounts you received for performing ministerial duties as an employee count as earned income. Taxact 2011 deluxe federal edition download This includes wages, salaries, tips, and other taxable employee compensation. Taxact 2011 deluxe federal edition download A nontaxable housing allowance or the nontaxable rental value of a home is not earned income. Taxact 2011 deluxe federal edition download Also, amounts you received for performing ministerial duties, but not as an employee, do not count as earned income. Taxact 2011 deluxe federal edition download Examples include fees for performing marriages and honoraria for delivering speeches. Taxact 2011 deluxe federal edition download Form 4029. Taxact 2011 deluxe federal edition download   Whether or not you have an approved Form 4029, all wages, salaries, tips, and other taxable employee compensation count as earned income. Taxact 2011 deluxe federal edition download However, amounts you received as a self-employed individual do not count as earned income. Taxact 2011 deluxe federal edition download Also, in figuring earned income, do not subtract losses on Schedule C, C-EZ, or F from wages on line 7 of Form 1040. Taxact 2011 deluxe federal edition download Disability Benefits If you retired on disability, taxable benefits you receive under your employer's disability retirement plan are considered earned income until you reach minimum retirement age. Taxact 2011 deluxe federal edition download Minimum retirement age generally is the earliest age at which you could have received a pension or annuity if you were not disabled. Taxact 2011 deluxe federal edition download You must report your taxable disability payments on line 7 of either Form 1040 or Form 1040A until you reach minimum retirement age. Taxact 2011 deluxe federal edition download Beginning on the day after you reach minimum retirement age, payments you receive are taxable as a pension and are not considered earned income. Taxact 2011 deluxe federal edition download Report taxable pension payments on Form 1040, lines 16a and 16b (or Form 1040A, lines 12a and 12b). Taxact 2011 deluxe federal edition download Disability insurance payments. Taxact 2011 deluxe federal edition download   Payments you received from a disability insurance policy that you paid the premiums for are not earned income. Taxact 2011 deluxe federal edition download It does not matter whether you have reached minimum retirement age. Taxact 2011 deluxe federal edition download If this policy is through your employer, the amount may be shown in box 12 of your Form W-2 with code “J. Taxact 2011 deluxe federal edition download ” Income That Is Not Earned Income Examples of items that are not earned income include interest and dividends, pensions and annuities, social security and railroad retirement benefits (including disability benefits), alimony and child support, welfare benefits, workers' compensation benefits, unemployment compensation (insurance), nontaxable foster care payments, and veterans' benefits, including VA rehabilitation payments. Taxact 2011 deluxe federal edition download Do not include any of these items in your earned income. Taxact 2011 deluxe federal edition download Earnings while an inmate. Taxact 2011 deluxe federal edition download   Amounts received for work performed while an inmate in a penal institution are not earned income when figuring the earned income credit. Taxact 2011 deluxe federal edition download This includes amounts for work performed while in a work release program or while in a halfway house. Taxact 2011 deluxe federal edition download Workfare payments. Taxact 2011 deluxe federal edition download   Nontaxable workfare payments are not earned income for the EIC. Taxact 2011 deluxe federal edition download These are cash payments certain people receive from a state or local agency that administers public assistance programs funded under the federal Temporary Assistance for Needy Families (TANF) program in return for certain work activities such as (1) work experience activities (including remodeling or repairing public housing) if private sector employment is not available, or (2) community service program activities. Taxact 2011 deluxe federal edition download Community property. Taxact 2011 deluxe federal edition download   If you are married, but qualify to file as head of household under special rules for married taxpayers living apart (see Rule 3 ), and live in a state that has community property laws, your earned income for the EIC does not include any amount earned by your spouse that is treated as belonging to you under those laws. Taxact 2011 deluxe federal edition download That amount is not earned income for the EIC, even though you must include it in your gross income on your income tax return. Taxact 2011 deluxe federal edition download Your earned income includes the entire amount you earned, even if part of it is treated as belonging to your spouse under your state's community property laws. Taxact 2011 deluxe federal edition download Nevada, Washington, and California domestic partners. Taxact 2011 deluxe federal edition download   If you are a registered domestic partner in Nevada, Washington, or California, the same rules apply. Taxact 2011 deluxe federal edition download Your earned income for the EIC does not include any amount earned by your partner. Taxact 2011 deluxe federal edition download Your earned income includes the entire amount you earned. Taxact 2011 deluxe federal edition download For details, see Publication 555. Taxact 2011 deluxe federal edition download Conservation Reserve Program (CRP) payments. Taxact 2011 deluxe federal edition download   If you were receiving social security retirement benefits or social security disability benefits at the time you received any CRP payments, your CRP payments are not earned income for the EIC. Taxact 2011 deluxe federal edition download Nontaxable military pay. Taxact 2011 deluxe federal edition download   Nontaxable pay for members of the Armed Forces is not considered earned income for the EIC. Taxact 2011 deluxe federal edition download Examples of nontaxable military pay are combat pay, the Basic Allowance for Housing (BAH), and the Basic Allowance for Subsistence (BAS). Taxact 2011 deluxe federal edition download See Publication 3, Armed Forces' Tax Guide, for more information. Taxact 2011 deluxe federal edition download    Combat pay. Taxact 2011 deluxe federal edition download You can elect to include your nontaxable combat pay in earned income for the EIC. Taxact 2011 deluxe federal edition download See Nontaxable combat pay election, earlier. Taxact 2011 deluxe federal edition download Part B. Taxact 2011 deluxe federal edition download Rules If You Have a Qualifying Child If you have met all of the rules in Part A , read Part B to see if you have a qualifying child. Taxact 2011 deluxe federal edition download Part B discusses Rules 8 through 10. Taxact 2011 deluxe federal edition download You must meet all three of these rules, in addition to the rules in Parts A and D , to qualify for the earned income credit with a qualifying child. Taxact 2011 deluxe federal edition download You must file Form 1040 or Form 1040A to claim the EIC with a qualifying child. Taxact 2011 deluxe federal edition download (You cannot file Form 1040EZ. Taxact 2011 deluxe federal edition download ) You also must complete Schedule EIC and attach it to your return. Taxact 2011 deluxe federal edition download If you meet all the rules in Part A and this part, read Part D to find out what to do next. Taxact 2011 deluxe federal edition download If you do not meet Rule 8, you do not have a qualifying child. Taxact 2011 deluxe federal edition download Read Part C to find out if you can get the earned income credit without a qualifying child. Taxact 2011 deluxe federal edition download Rule 8. Taxact 2011 deluxe federal edition download Your Child Must Meet the Relationship, Age, Residency, and Joint Return Tests Your child is a qualifying child if your child meets four tests. Taxact 2011 deluxe federal edition download The four tests are: Relationship, Age, Residency, and Joint return. Taxact 2011 deluxe federal edition download The four tests are illustrated in Figure 36–1. Taxact 2011 deluxe federal edition download The paragraphs that follow contain more information about each test. Taxact 2011 deluxe federal edition download Relationship Test To be your qualifying child, a child must be your: Son, daughter, stepchild, foster child, or a descendant of any of them (for example, your grandchild), or Brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them (for example, your niece or nephew). Taxact 2011 deluxe federal edition download The following definitions clarify the relationship test. Taxact 2011 deluxe federal edition download Adopted child. Taxact 2011 deluxe federal edition download   An adopted child is always treated as your own child. Taxact 2011 deluxe federal edition download The term “adopted child” includes a child who was lawfully placed with you for legal adoption. Taxact 2011 deluxe federal edition download Foster child. Taxact 2011 deluxe federal edition download   For the EIC, a person is your foster child if the child is placed with you by an authorized placement agency or by judgement, decree, or other order of any court of competent jurisdiction. Taxact 2011 deluxe federal edition download An authorized placement agency includes a state or local government agency. Taxact 2011 deluxe federal edition download It also includes a tax-exempt organization licensed by a state. Taxact 2011 deluxe federal edition download In addition, it includes an Indian tribal government or an organization authorized by an Indian tribal government to place Indian children. Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download Debbie, who is 12 years old, was placed in your care 2 years ago by an authorized agency responsible for placing children in foster homes. Taxact 2011 deluxe federal edition download Debbie is your foster child. Taxact 2011 deluxe federal edition download Age Test Your child must be: Under age 19 at the end of 2013 and younger than you (or your spouse, if filing jointly), Under age 24 at the end of 2013, a student, and younger than you (or your spouse, if filing jointly), or Permanently and totally disabled at any time during 2013, regardless of age. Taxact 2011 deluxe federal edition download    The following examples and definitions clarify the age test. Taxact 2011 deluxe federal edition download Example 1—child not under age 19. Taxact 2011 deluxe federal edition download Your son turned 19 on December 10. Taxact 2011 deluxe federal edition download Unless he was permanently and totally disabled or a student, he is not a qualifying child because, at the end of the year, he was not under age 19. Taxact 2011 deluxe federal edition download Example 2—child not younger than you or your spouse. Taxact 2011 deluxe federal edition download Your 23-year-old brother, who is a full-time student and unmarried, lives with you and your spouse. Taxact 2011 deluxe federal edition download He is not disabled. Taxact 2011 deluxe federal edition download Both you and your spouse are 21 years old and you file a joint return. Taxact 2011 deluxe federal edition download Your brother is not your qualifying child because he is not younger than you or your spouse. Taxact 2011 deluxe federal edition download Example 3—child younger than your spouse but not younger than you. Taxact 2011 deluxe federal edition download The facts are the same as in Example 2 except that your spouse is 25 years old. Taxact 2011 deluxe federal edition download Because your brother is younger than your spouse, he is your qualifying child even though he is not younger than you. Taxact 2011 deluxe federal edition download Student defined. Taxact 2011 deluxe federal edition download   To qualify as a student, your child must be, during some part of each of any 5 calendar months during the calendar year: A full-time student at a school that has a regular teaching staff, course of study, and regular student body at the school, or A student taking a full-time, on-farm training course given by a school described in (1), or a state, county, or local government. Taxact 2011 deluxe federal edition download The 5 calendar months need not be consecutive. Taxact 2011 deluxe federal edition download   A full-time student is a student who is enrolled for the number of hours or courses the school considers to be full-time attendance. Taxact 2011 deluxe federal edition download School defined. Taxact 2011 deluxe federal edition download   A school can be an elementary school, junior or senior high school, college, university, or technical, trade, or mechanical school. Taxact 2011 deluxe federal edition download However, on-the-job training courses, correspondence schools, and schools offering courses only through the Internet do not count as schools for the EIC. Taxact 2011 deluxe federal edition download Vocational high school students. Taxact 2011 deluxe federal edition download   Students who work in co-op jobs in private industry as a part of a school's regular course of classroom and practical training are considered full-time students. Taxact 2011 deluxe federal edition download Permanently and totally disabled. Taxact 2011 deluxe federal edition download   Your child is permanently and totally disabled if both of the following apply. Taxact 2011 deluxe federal edition download He or she cannot engage in any substantial gainful activity because of a physical or mental condition. Taxact 2011 deluxe federal edition download A doctor determines the condition has lasted or can be expected to last continuously for at least a year or can lead to death. Taxact 2011 deluxe federal edition download Residency Test Your child must have lived with you in the United States for more than half of 2013. Taxact 2011 deluxe federal edition download The following definitions clarify the residency test. Taxact 2011 deluxe federal edition download United States. Taxact 2011 deluxe federal edition download   This means the 50 states and the District of Columbia. Taxact 2011 deluxe federal edition download It does not include Puerto Rico or U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download possessions such as Guam. Taxact 2011 deluxe federal edition download Homeless shelter. Taxact 2011 deluxe federal edition download   Your home can be any location where you regularly live. Taxact 2011 deluxe federal edition download You do not need a traditional home. Taxact 2011 deluxe federal edition download For example, if your child lived with you for more than half the year in one or more homeless shelters, your child meets the residency test. Taxact 2011 deluxe federal edition download Military personnel stationed outside the United States. Taxact 2011 deluxe federal edition download    U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download military personnel stationed outside the United States on extended active duty are considered to live in the United States during that duty period for purposes of the EIC. Taxact 2011 deluxe federal edition download Figure 36-1. Taxact 2011 deluxe federal edition download Tests for Qualifying Child Please click here for the text description of the image. Taxact 2011 deluxe federal edition download Qualifying child Extended active duty. Taxact 2011 deluxe federal edition download   Extended active duty means you are called or ordered to duty for an indefinite period or for a period of more than 90 days. Taxact 2011 deluxe federal edition download Once you begin serving your extended active duty, you are still considered to have been on extended active duty even if you do not serve more than 90 days. Taxact 2011 deluxe federal edition download Birth or death of a child. Taxact 2011 deluxe federal edition download   A child who was born or died in 2013 is treated as having lived with you for more than half of 2013 if your home was the child's home for more than half the time he or she was alive in 2013. Taxact 2011 deluxe federal edition download Temporary absences. Taxact 2011 deluxe federal edition download   Count time that you or your child is away from home on a temporary absence due to a special circumstance as time the child lived with you. Taxact 2011 deluxe federal edition download Examples of a special circumstance include illness, school attendance, business, vacation, military service, and detention in a juvenile facility. Taxact 2011 deluxe federal edition download Kidnapped child. Taxact 2011 deluxe federal edition download    A kidnapped child is treated as living with you for more than half of the year if the child lived with you for more than half the part of the year before the date of the kidnapping. Taxact 2011 deluxe federal edition download The child must be presumed by law enforcement authorities to have been kidnapped by someone who is not a member of your family or your child's family. Taxact 2011 deluxe federal edition download This treatment applies for all years until the child is returned. Taxact 2011 deluxe federal edition download However, the last year this treatment can apply is the earlier of: The year there is a determination that the child is dead, or The year the child would have reached age 18. Taxact 2011 deluxe federal edition download   If your qualifying child has been kidnapped and meets these requirements, enter “KC,” instead of a number, on line 6 of Schedule EIC. Taxact 2011 deluxe federal edition download Joint Return Test To meet this test, the child cannot file a joint return for the year. Taxact 2011 deluxe federal edition download Exception. Taxact 2011 deluxe federal edition download   An exception to the joint return test applies if your child and his or her spouse file a joint return only to claim a refund of income tax withheld or estimated tax paid. Taxact 2011 deluxe federal edition download Example 1—child files joint return. Taxact 2011 deluxe federal edition download You supported your 18-year-old daughter, and she lived with you all year while her husband was in the Armed Forces. Taxact 2011 deluxe federal edition download He earned $25,000 for the year. Taxact 2011 deluxe federal edition download The couple files a joint return. Taxact 2011 deluxe federal edition download Because your daughter and her husband filed a joint return, she is not your qualifying child. Taxact 2011 deluxe federal edition download Example 2—child files joint return only to claim a refund of withheld tax. Taxact 2011 deluxe federal edition download Your 18-year-old son and his 17-year-old wife had $800 of wages from part-time jobs and no other income. Taxact 2011 deluxe federal edition download They do not have a child. Taxact 2011 deluxe federal edition download Neither is required to file a tax return. Taxact 2011 deluxe federal edition download Taxes were taken out of their pay, so they filed a joint return only to get a refund of the withheld taxes. Taxact 2011 deluxe federal edition download The exception to the joint return test applies, so your son may be your qualifying child if all the other tests are met. Taxact 2011 deluxe federal edition download Example 3—child files joint return to claim American opportunity credit. Taxact 2011 deluxe federal edition download The facts are the same as in Example 2 except no taxes were taken out of your son's pay. Taxact 2011 deluxe federal edition download He and his wife are not required to file a tax return, but they file a joint return to claim an American opportunity credit of $124 and get a refund of that amount. Taxact 2011 deluxe federal edition download Because claiming the American opportunity credit is their reason for filing the return, they are not filing it only to get a refund of income tax withheld or estimated tax paid. Taxact 2011 deluxe federal edition download The exception to the joint return test does not apply, so your son is not your qualifying child. Taxact 2011 deluxe federal edition download Married child. Taxact 2011 deluxe federal edition download   Even if your child does not file a joint return, if your child was married at the end of the year, he or she cannot be your qualifying child unless: You can claim an exemption for the child, or The reason you cannot claim an exemption for the child is that you let the child's other parent claim the exemption under the Special rule for divorced or separated parents (or parents who live apart) , described later. Taxact 2011 deluxe federal edition download Social security number. Taxact 2011 deluxe federal edition download   The qualifying child must have a valid social security number (SSN) unless the child was born and died in 2013 and you attach to your return a copy of the child's birth certificate, death certificate, or hospital records showing a live birth. Taxact 2011 deluxe federal edition download You cannot claim the EIC on the basis of a qualifying child if: The qualifying child's SSN is missing from your tax return or is incorrect, The qualifying child's social security card says “Not valid for employment” and was issued for use in getting a federally funded benefit, or Instead of an SSN, the qualifying child has: An individual taxpayer identification number (ITIN), which is issued to a noncitizen who cannot get an SSN, or An adoption taxpayer identification number (ATIN), which is issued to adopting parents who cannot get an SSN for the child being adopted until the adoption is final. Taxact 2011 deluxe federal edition download   If you have more than one qualifying child and only one has a valid SSN, you can use only that child to claim the EIC. Taxact 2011 deluxe federal edition download For more information about SSNs, see Rule 2 . Taxact 2011 deluxe federal edition download Rule 9. Taxact 2011 deluxe federal edition download Your Qualifying Child Cannot Be Used By More Than One Person To Claim the EIC Sometimes a child meets the tests to be a qualifying child of more than one person. Taxact 2011 deluxe federal edition download However, only one of these persons can actually treat the child as a qualifying child. Taxact 2011 deluxe federal edition download Only that person can use the child as a qualifying child to take all of the following tax benefits (provided the person is eligible for each benefit). Taxact 2011 deluxe federal edition download The exemption for the child. Taxact 2011 deluxe federal edition download The child tax credit. Taxact 2011 deluxe federal edition download Head of household filing status. Taxact 2011 deluxe federal edition download The credit for child and dependent care expenses. Taxact 2011 deluxe federal edition download The exclusion for dependent care benefits. Taxact 2011 deluxe federal edition download The EIC. Taxact 2011 deluxe federal edition download The other person cannot take any of these benefits based on this qualifying child. Taxact 2011 deluxe federal edition download In other words, you and the other person cannot agree to divide these tax benefits between you. Taxact 2011 deluxe federal edition download The other person cannot take any of these tax benefits unless he or she has a different qualifying child. Taxact 2011 deluxe federal edition download The tiebreaker rules explained next explain who, if anyone, can claim the EIC when more than one person has the same qualifying child. Taxact 2011 deluxe federal edition download However, the tiebreaker rules do not apply if the other person is your spouse and you file a joint return. Taxact 2011 deluxe federal edition download Tiebreaker rules. Taxact 2011 deluxe federal edition download   To determine which person can treat the child as a qualifying child to claim the six tax benefits just listed, the following tiebreaker rules apply. Taxact 2011 deluxe federal edition download If only one of the persons is the child's parent, the child is treated as the qualifying child of the parent. Taxact 2011 deluxe federal edition download If the parents file a joint return together and can claim the child as a qualifying child, the child is treated as the qualifying child of the parents. Taxact 2011 deluxe federal edition download If the parents do not file a joint return together but both parents claim the child as a qualifying child, the IRS will treat the child as the qualifying child of the parent with whom the child lived for the longer period of time during the year. Taxact 2011 deluxe federal edition download If the child lived with each parent for the same amount of time, the IRS will treat the child as the qualifying child of the parent who had the higher adjusted gross income (AGI) for the year. Taxact 2011 deluxe federal edition download If no parent can claim the child as a qualifying child, the child is treated as the qualifying child of the person who had the highest AGI for the year. Taxact 2011 deluxe federal edition download If a parent can claim the child as a qualifying child but no parent does so claim the child, the child is treated as the qualifying child of the person who had the highest AGI for the year, but only if that person's AGI is higher than the highest AGI of any of the child's parents who can claim the child. Taxact 2011 deluxe federal edition download If the child's parents file a joint return with each other, this rule can be applied by treating the parents' total AGI as divided evenly between them. Taxact 2011 deluxe federal edition download See Example 8 . Taxact 2011 deluxe federal edition download   Subject to these tiebreaker rules, you and the other person may be able to choose which of you claims the child as a qualifying child. Taxact 2011 deluxe federal edition download See Examples 1 through 13 . Taxact 2011 deluxe federal edition download   If you cannot claim the EIC because your qualifying child is treated under the tiebreaker rules as the qualifying child of another person for 2013, you may be able to take the EIC using a different qualifying child, but you cannot take the EIC using the rules in Part C for people who do not have a qualifying child. Taxact 2011 deluxe federal edition download If the other person cannot claim the EIC. Taxact 2011 deluxe federal edition download   If you and someone else have the same qualifying child but the other person cannot claim the EIC because he or she is not eligible or his or her earned income or AGI is too high, you may be able to treat the child as a qualifying child. Taxact 2011 deluxe federal edition download See Examples 6 and 7 . Taxact 2011 deluxe federal edition download But you cannot treat the child as a qualifying child to claim the EIC if the other person uses the child to claim any of the other six tax benefits listed earlier. Taxact 2011 deluxe federal edition download Examples. Taxact 2011 deluxe federal edition download The following examples may help you in determining whether you can claim the EIC when you and someone else have the same qualifying child. Taxact 2011 deluxe federal edition download Example 1. Taxact 2011 deluxe federal edition download You and your 2-year-old son Jimmy lived with your mother all year. Taxact 2011 deluxe federal edition download You are 25 years old, unmarried, and your AGI is $9,000. Taxact 2011 deluxe federal edition download Your only income was $9,000 from a part-time job. Taxact 2011 deluxe federal edition download Your mother's only income was $20,000 from her job, and her AGI is $20,000. Taxact 2011 deluxe federal edition download Jimmy's father did not live with you or Jimmy. Taxact 2011 deluxe federal edition download The special rule explained later for divorced or separated parents (or parents who live apart) does not apply. Taxact 2011 deluxe federal edition download Jimmy is a qualifying child of both you and your mother because he meets the relationship, age, residency, and joint return tests for both you and your mother. Taxact 2011 deluxe federal edition download However, only one of you can treat him as a qualifying child to claim the EIC (and the other tax benefits listed earlier for which that person qualifies). Taxact 2011 deluxe federal edition download He is not a qualifying child of anyone else, including his father. Taxact 2011 deluxe federal edition download If you do not claim Jimmy as a qualifying child for the EIC or any of the other tax benefits listed earlier, your mother can treat him as a qualifying child to claim the EIC (and any of the other tax benefits listed earlier for which she qualifies). Taxact 2011 deluxe federal edition download Example 2. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except your AGI is $25,000. Taxact 2011 deluxe federal edition download Because your mother's AGI is not higher than yours, she cannot claim Jimmy as a qualifying child. Taxact 2011 deluxe federal edition download Only you can claim him. Taxact 2011 deluxe federal edition download Example 3. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except that you and your mother both claim Jimmy as a qualifying child. Taxact 2011 deluxe federal edition download In this case, you as the child's parent will be the only one allowed to claim Jimmy as a qualifying child for the EIC and the other tax benefits listed earlier for which you qualify. Taxact 2011 deluxe federal edition download The IRS will disallow your mother's claim to the EIC and any of the other tax benefits listed earlier unless she has another qualifying child. Taxact 2011 deluxe federal edition download Example 4. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except that you also have two other young children who are qualifying children of both you and your mother. Taxact 2011 deluxe federal edition download Only one of you can claim each child. Taxact 2011 deluxe federal edition download However, if your mother's AGI is higher than yours, you can allow your mother to claim one or more of the children. Taxact 2011 deluxe federal edition download For example, if you claim one child, your mother can claim the other two. Taxact 2011 deluxe federal edition download Example 5. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except that you are only 18 years old. Taxact 2011 deluxe federal edition download This means you are a qualifying child of your mother. Taxact 2011 deluxe federal edition download Because of Rule 10 , discussed next, you cannot claim the EIC and cannot claim Jimmy as a qualifying child. Taxact 2011 deluxe federal edition download Only your mother may be able to treat Jimmy as a qualifying child to claim the EIC. Taxact 2011 deluxe federal edition download If your mother meets all the other requirements for claiming the EIC and you do not claim Jimmy as a qualifying child for any of the other tax benefits listed earlier, your mother can claim both you and Jimmy as qualifying children for the EIC. Taxact 2011 deluxe federal edition download Example 6. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except that your mother earned $50,000 from her job. Taxact 2011 deluxe federal edition download Because your mother's earned income is too high for her to claim the EIC, only you can claim the EIC using your son. Taxact 2011 deluxe federal edition download Example 7. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except that you earned $50,000 from your job and your AGI is $50,500. Taxact 2011 deluxe federal edition download Your earned income is too high for you to claim the EIC. Taxact 2011 deluxe federal edition download But your mother cannot claim the EIC either, because her AGI is not higher than yours. Taxact 2011 deluxe federal edition download Example 8. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except that you and Jimmy's father are married to each other, live with Jimmy and your mother, and have an AGI of $30,000 on a joint return. Taxact 2011 deluxe federal edition download If you and your husband do not claim Jimmy as a qualifying child for the EIC or any of the other tax benefits listed earlier, your mother can claim him instead. Taxact 2011 deluxe federal edition download Even though the AGI on your joint return, $30,000, is more than your mother's AGI of $20,000, for this purpose half of the joint AGI can be treated as yours and half as your husband's. Taxact 2011 deluxe federal edition download In other words, each parent's AGI can be treated as $15,000. Taxact 2011 deluxe federal edition download Example 9. Taxact 2011 deluxe federal edition download You, your husband, and your 10-year-old son Joey lived together until August 1, 2013, when your husband moved out of the household. Taxact 2011 deluxe federal edition download In August and September, Joey lived with you. Taxact 2011 deluxe federal edition download For the rest of the year, Joey lived with your husband, who is Joey's father. Taxact 2011 deluxe federal edition download Joey is a qualifying child of both you and your husband because he lived with each of you for more than half the year and because he met the relationship, age, and joint return tests for both of you. Taxact 2011 deluxe federal edition download At the end of the year, you and your husband still were not divorced, legally separated, or separated under a written separation agreement, so the special rule for divorced or separated parents (or parents who live apart) does not apply. Taxact 2011 deluxe federal edition download You and your husband will file separate returns. Taxact 2011 deluxe federal edition download Your husband agrees to let you treat Joey as a qualifying child. Taxact 2011 deluxe federal edition download This means, if your husband does not claim Joey as a qualifying child for any of the tax benefits listed earlier, you can claim him as a qualifying child for any tax benefit listed earlier for which you qualify. Taxact 2011 deluxe federal edition download However, your filing status is married filing separately, so you cannot claim the EIC or the credit for child and dependent care expenses. Taxact 2011 deluxe federal edition download See Rule 3 . Taxact 2011 deluxe federal edition download Example 10. Taxact 2011 deluxe federal edition download The facts are the same as in Example 9 except that you and your husband both claim Joey as a qualifying child. Taxact 2011 deluxe federal edition download In this case, only your husband will be allowed to treat Joey as a qualifying child. Taxact 2011 deluxe federal edition download This is because, during 2013, the boy lived with him longer than with you. Taxact 2011 deluxe federal edition download You cannot claim the EIC (either with or without a qualifying child). Taxact 2011 deluxe federal edition download However, your husband's filing status is married filing separately, so he cannot claim the EIC or the credit for child and dependent care expenses. Taxact 2011 deluxe federal edition download See Rule 3 . Taxact 2011 deluxe federal edition download Example 11. Taxact 2011 deluxe federal edition download You, your 5-year-old son and your son's father lived together all year. Taxact 2011 deluxe federal edition download You and your son's father are not married. Taxact 2011 deluxe federal edition download Your son is a qualifying child of both you and his father because he meets the relationship, age, residency, and joint return tests for both you and his father. Taxact 2011 deluxe federal edition download Your earned income and AGI are $12,000, and your son's father's earned income and AGI are $14,000. Taxact 2011 deluxe federal edition download Neither of you had any other income. Taxact 2011 deluxe federal edition download Your son's father agrees to let you treat the child as a qualifying child. Taxact 2011 deluxe federal edition download This means, if your son's father does not claim your son as a qualifying child for the EIC or any of the other tax benefits listed earlier, you can claim him as a qualifying child for the EIC and any of the other tax benefits listed earlier for which you qualify. Taxact 2011 deluxe federal edition download Example 12. Taxact 2011 deluxe federal edition download The facts are the same as in Example 11 except that you and your son's father both claim your son as a qualifying child. Taxact 2011 deluxe federal edition download In this case, only your son's father will be allowed to treat your son as a qualifying child. Taxact 2011 deluxe federal edition download This is because his AGI, $14,000, is more than your AGI, $12,000. Taxact 2011 deluxe federal edition download You cannot claim the EIC (either with or without a qualifying child). Taxact 2011 deluxe federal edition download Example 13. Taxact 2011 deluxe federal edition download You and your 7-year-old niece, your sister's child, lived with your mother all year. Taxact 2011 deluxe federal edition download You are 25 years old, and your AGI is $9,300. Taxact 2011 deluxe federal edition download Your only income was from a part-time job. Taxact 2011 deluxe federal edition download Your mother's AGI is $15,000. Taxact 2011 deluxe federal edition download Her only income was from her job. Taxact 2011 deluxe federal edition download Your niece's parents file jointly, have an AGI of less than $9,000, and do not live with you or their child. Taxact 2011 deluxe federal edition download Your niece is a qualifying child of both you and your mother because she meets the relationship, age, residency, and joint return tests for both you and your mother. Taxact 2011 deluxe federal edition download However, only your mother can treat her as a qualifying child. Taxact 2011 deluxe federal edition download This is because your mother's AGI, $15,000, is more than your AGI, $9,300. Taxact 2011 deluxe federal edition download Special rule for divorced or separated parents (or parents who live apart). Taxact 2011 deluxe federal edition download   A child will be treated as the qualifying child of his or her noncustodial parent (for purposes of claiming an exemption and the child tax credit, but not for the EIC) if all of the following statements are true. Taxact 2011 deluxe federal edition download The parents: Are divorced or legally separated under a decree of divorce or separate maintenance, Are separated under a written separation agreement, or Lived apart at all times during the last 6 months of 2013, whether or not they are or were married. Taxact 2011 deluxe federal edition download The child received over half of his or her support for the year from the parents. Taxact 2011 deluxe federal edition download The child is in the custody of one or both parents for more than half of 2013. Taxact 2011 deluxe federal edition download Either of the following statements is true. Taxact 2011 deluxe federal edition download The custodial parent signs Form 8332 or a substantially similar statement that he or she will not claim the child as a dependent for the year, and the noncustodial parent attaches the form or statement to his or her return. Taxact 2011 deluxe federal edition download If the divorce decree or separation agreement went into effect after 1984 and before 2009, the noncustodial parent may be able to attach certain pages from the decree or agreement instead of Form 8332. Taxact 2011 deluxe federal edition download A pre-1985 decree of divorce or separate maintenance or written separation agreement that applies to 2013 provides that the noncustodial parent can claim the child as a dependent, and the noncustodial parent provides at least $600 for support of the child during 2013. Taxact 2011 deluxe federal edition download  For details, see chapter 3. Taxact 2011 deluxe federal edition download Also see Applying Rule 9 to divorced or separated parents (or parents who live apart) , next. Taxact 2011 deluxe federal edition download Applying Rule 9 to divorced or separated parents (or parents who live apart). Taxact 2011 deluxe federal edition download   If a child is treated as the qualifying child of the noncustodial parent under the special rule just described for children of divorced or separated parents (or parents who live apart), only the noncustodial parent can claim an exemption and the child tax credit for the child. Taxact 2011 deluxe federal edition download However, the custodial parent, if eligible, or another eligible taxpayer can claim the child as a qualifying child for the EIC and other tax benefits listed earlier in this chapter. Taxact 2011 deluxe federal edition download If the child is the qualifying child of more than one person for these benefits, then the tiebreaker rules determine which person can treat the child as a qualifying child. Taxact 2011 deluxe federal edition download Example 1. Taxact 2011 deluxe federal edition download You and your 5-year-old son lived all year with your mother, who paid the entire cost of keeping up the home. Taxact 2011 deluxe federal edition download Your AGI is $10,000. Taxact 2011 deluxe federal edition download Your mother’s AGI is $25,000. Taxact 2011 deluxe federal edition download Your son's father did not live with you or your son. Taxact 2011 deluxe federal edition download Under the special rule for children of divorced or separated parents (or parents who live apart), your son is treated as the qualifying child of his father, who can claim an exemption and the child tax credit for the child. Taxact 2011 deluxe federal edition download However, your son's father cannot claim your son as a qualifying child for head of household filing status, the credit for child and dependent care expenses, the exclusion for dependent care benefits, or the EIC. Taxact 2011 deluxe federal edition download You and your mother did not have any child care expenses or dependent care benefits. Taxact 2011 deluxe federal edition download If you do not claim your son as a qualifying child, your mother can claim him as a qualifying child for the EIC and head of household filing status, if she qualifies for these tax benefits. Taxact 2011 deluxe federal edition download Example 2. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except that your AGI is $25,000 and your mother's AGI is $21,000. Taxact 2011 deluxe federal edition download Your mother cannot claim your son as a qualifying child for any purpose because her AGI is not higher than yours. Taxact 2011 deluxe federal edition download Example 3. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except that you and your mother both claim your son as a qualifying child for the EIC. Taxact 2011 deluxe federal edition download Your mother also claims him as a qualifying child for head of household filing status. Taxact 2011 deluxe federal edition download You as the child's parent will be the only one allowed to claim your son as a qualifying child for the EIC. Taxact 2011 deluxe federal edition download The IRS will disallow your mother's claim to the EIC and head of household filing status unless she has another qualifying child. Taxact 2011 deluxe federal edition download Rule 10. Taxact 2011 deluxe federal edition download You Cannot Be a Qualifying Child of Another Taxpayer You are a qualifying child of another taxpayer (your parent, guardian, foster parent, etc. Taxact 2011 deluxe federal edition download ) if all of the following statements are true. Taxact 2011 deluxe federal edition download You are that person's son, daughter, stepchild, foster child, or a descendant of any of them. Taxact 2011 deluxe federal edition download Or, you are that person's brother, sister, half brother, half sister, stepbrother, or stepsister (or a descendant of any of them). Taxact 2011 deluxe federal edition download You were: Under age 19 at the end of the year and younger than that person (or that person's spouse, if the person files jointly), Under age 24 at the end of the year, a student, and younger than that person (or that person's spouse, if the person files jointly), or Permanently and totally disabled, regardless of age. Taxact 2011 deluxe federal edition download You lived with that person in the United States for more than half of the year. Taxact 2011 deluxe federal edition download You are not filing a joint return for the year (or are filing a joint return only to claim a refund of withheld income tax or estimated tax paid). Taxact 2011 deluxe federal edition download For more details about the tests to be a qualifying child, see Rule 8 . Taxact 2011 deluxe federal edition download If you are a qualifying child of another taxpayer, you cannot claim the EIC. Taxact 2011 deluxe federal edition download This is true even if the person for whom you are a qualifying child does not claim the EIC or meet all of the rules to claim the EIC. Taxact 2011 deluxe federal edition download Put “No” beside line 64a (Form 1040) or line 38a (Form 1040A). Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download You and your daughter lived with your mother all year. Taxact 2011 deluxe federal edition download You are 22 years old, unmarried, and attended a trade school full time. Taxact 2011 deluxe federal edition download You had a part-time job and earned $5,700. Taxact 2011 deluxe federal edition download You had no other income. Taxact 2011 deluxe federal edition download Because you meet the relationship, age, residency, and joint return tests, you are a qualifying child of your mother. Taxact 2011 deluxe federal edition download She can claim the EIC if she meets all the other requirements. Taxact 2011 deluxe federal edition download Because you are your mother's qualifying child, you cannot claim the EIC. Taxact 2011 deluxe federal edition download This is so even if your mother cannot or does not claim the EIC. Taxact 2011 deluxe federal edition download Child of person not required to file a return. Taxact 2011 deluxe federal edition download   You are not the qualifying child of another taxpayer (and so may qualify to claim the EIC) if the person for whom you meet the relationship, age, residency, and joint return tests is not required to file an income tax return and either: Does not file an income tax return, or Files a return only to get a refund of income tax withheld or estimated tax paid. Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download The facts are the same as in the last example except your mother had no gross income, is not required to file a 2013 tax return, and does not file a 2013 tax return. Taxact 2011 deluxe federal edition download As a result, you are not your mother's qualifying child. Taxact 2011 deluxe federal edition download You can claim the EIC if you meet all the other requirements to do so. Taxact 2011 deluxe federal edition download   See Rule 10 in Publication 596 for additional examples. Taxact 2011 deluxe federal edition download Part C. Taxact 2011 deluxe federal edition download Rules If You Do Not Have a Qualifying Child Read this part if you: Do not have a qualifying child, and Have met all the rules in Part A . Taxact 2011 deluxe federal edition download  Part C discusses Rules 11 through 14. Taxact 2011 deluxe federal edition download You must meet all four of these rules, in addition to the rules in Parts A and D , to qualify for the earned income credit without a qualifying child. Taxact 2011 deluxe federal edition download If you have a qualifying child, the rules in this part do not apply to you. Taxact 2011 deluxe federal edition download You can claim the credit only if you meet all the rules in Parts A, B, and D. Taxact 2011 deluxe federal edition download See Rule 8 to find out if you have a qualifying child. Taxact 2011 deluxe federal edition download Rule 11. Taxact 2011 deluxe federal edition download You Must Be at Least Age 25 but Under Age 65 You must be at least age 25 but under age 65 at the end of 2013. Taxact 2011 deluxe federal edition download If you are married filing a joint return, either you or your spouse must be at least age 25 but under age 65 at the end of 2013. Taxact 2011 deluxe federal edition download It does not matter which spouse meets the age test, as long as one of the spouses does. Taxact 2011 deluxe federal edition download You meet the age test if you were born after December 31, 1948, and before January 2, 1989. Taxact 2011 deluxe federal edition download If you are married filing a joint return, you meet the age test if either you or your spouse was born after December 31, 1948, and before January 2, 1989. Taxact 2011 deluxe federal edition download If neither you nor your spouse meets the age test, you cannot claim the EIC. Taxact 2011 deluxe federal edition download Put “No” next to line 64a (Form 1040), line 38a (Form 1040A), or line 8a (Form 1040EZ). Taxact 2011 deluxe federal edition download Death of spouse. Taxact 2011 deluxe federal edition download   If you are filing a joint return with your spouse who died in 2013, you meet the age test if your spouse was at least age 25 but under age 65 at the time of death. Taxact 2011 deluxe federal edition download Example 1. Taxact 2011 deluxe federal edition download You are age 28 and unmarried. Taxact 2011 deluxe federal edition download You meet the age test. Taxact 2011 deluxe federal edition download Example 2—spouse meets age test. Taxact 2011 deluxe federal edition download You are married and filing a joint return. Taxact 2011 deluxe federal edition download You are age 23 and your spouse is age 27. Taxact 2011 deluxe federal edition download You meet the age test because your spouse is at least age 25 but under age 65. Taxact 2011 deluxe federal edition download Example 3—spouse dies in 2013. Taxact 2011 deluxe federal edition download You are married and filing a joint return with your spouse who died in August 2013. Taxact 2011 deluxe federal edition download You are age 67. Taxact 2011 deluxe federal edition download Your spouse would have become age 65 in November 2013. Taxact 2011 deluxe federal edition download Because your spouse was under age 65 when she died, you meet the age test. Taxact 2011 deluxe federal edition download Rule 12. Taxact 2011 deluxe federal edition download You Cannot Be the Dependent of Another Person If you are not filing a joint return, you meet this rule if: You checked box 6a on Form 1040 or 1040A, or You did not check the “You” box on line 5 of Form 1040EZ, and you entered $10,000 on that line. Taxact 2011 deluxe federal edition download If you are filing a joint return, you meet this rule if: You checked both box 6a and box 6b on Form 1040 or 1040A, or You and your spouse did not check either the “You” box or the “Spouse” box on line 5 of Form 1040EZ, and you entered $20,000 on that line. Taxact 2011 deluxe federal edition download If you are not sure whether someone else can claim you (or your spouse, if filing a joint return) as a dependent, read the rules for claiming a dependent in chapter 3. Taxact 2011 deluxe federal edition download If someone else can claim you (or your spouse, if filing a joint return) as a dependent on his or her return, but does not, you still cannot claim the credit. Taxact 2011 deluxe federal edition download Example 1. Taxact 2011 deluxe federal edition download In 2013, you were age 25, single, and living at home with your parents. Taxact 2011 deluxe federal edition download You worked and were not a student. Taxact 2011 deluxe federal edition download You earned $7,500. Taxact 2011 deluxe federal edition download Your parents cannot claim you as a dependent. Taxact 2011 deluxe federal edition download When you file your return, you claim an exemption for yourself by not checking the “You” box on line 5 of your Form 1040EZ and by entering $10,000 on that line. Taxact 2011 deluxe federal edition download You meet this rule. Taxact 2011 deluxe federal edition download You can claim the EIC if you meet all the other requirements. Taxact 2011 deluxe federal edition download Example 2. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 , except that you earned $2,000. Taxact 2011 deluxe federal edition download Your parents can claim you as a dependent but decide not to. Taxact 2011 deluxe federal edition download You do not meet this rule. Taxact 2011 deluxe federal edition download You cannot claim the credit because your parents could have claimed you as a dependent. Taxact 2011 deluxe federal edition download Joint returns. Taxact 2011 deluxe federal edition download   You generally cannot be claimed as a dependent by another person if you are married and file a joint return. Taxact 2011 deluxe federal edition download   However, another person may be able to claim you as a dependent if you and your spouse file a joint return only to get a refund of income tax withheld or estimated tax paid. Taxact 2011 deluxe federal edition download But neither you nor your spouse can be claimed as a dependent by another person if you claim the EIC on your joint return. Taxact 2011 deluxe federal edition download Example 1. Taxact 2011 deluxe federal edition download You are 26 years old. Taxact 2011 deluxe federal edition download You and your wife live with your parents and had $800 of wages from part-time jobs and no other income. Taxact 2011 deluxe federal edition download Neither you nor your wife is required to file a tax return. Taxact 2011 deluxe federal edition download You do not have a child. Taxact 2011 deluxe federal edition download Taxes were taken out of your pay, so you file a joint return only to get a refund of the withheld taxes. Taxact 2011 deluxe federal edition download Your parents are not disqualified from claiming an exemption for you just because you filed a joint return. Taxact 2011 deluxe federal edition download They can claim exemptions for you and your wife if all the other tests to do so are met. Taxact 2011 deluxe federal edition download Example 2. Taxact 2011 deluxe federal edition download The facts are the same as in Example 1 except no taxes were taken out of your pay. Taxact 2011 deluxe federal edition download Also, you and your wife are not required to file a tax return, but you file a joint return to claim an EIC of $63 and get a refund of that amount. Taxact 2011 deluxe federal edition download Because claiming the EIC is your reason for filing the return, you are not filing it only to get a refund of income tax withheld or estimated tax paid. Taxact 2011 deluxe federal edition download Your parents cannot claim an exemption for either you or your wife. Taxact 2011 deluxe federal edition download Rule 13. Taxact 2011 deluxe federal edition download You Cannot Be a Qualifying Child of Another Taxpayer You are a qualifying child of another taxpayer (your parent, guardian, foster parent, etc. Taxact 2011 deluxe federal edition download ) if all of the following statements are true. Taxact 2011 deluxe federal edition download You are that person's son, daughter, stepchild, foster child, or a descendant of any of them. Taxact 2011 deluxe federal edition download Or, you are that person's brother, sister, half brother, half sister, stepbrother, or stepsister (or a descendant of any of them). Taxact 2011 deluxe federal edition download You were: Under age 19 at the end of the year and younger than that person (or that person's spouse, if the person files jointly), Under age 24 at the end of the year, a student (as defined in Rule 8 ), and younger than that person (or that person's spouse, if the person files jointly), or Permanently and totally disabled, regardless of age. Taxact 2011 deluxe federal edition download You lived with that person in the United States for more than half of the year. Taxact 2011 deluxe federal edition download You are not filing a joint return for the year (or are filing a joint return only to claim a refund of withheld income tax or estimated tax paid). Taxact 2011 deluxe federal edition download For more details about the tests to be a qualifying child, see Rule 8 . Taxact 2011 deluxe federal edition download If you are a qualifying child of another taxpayer, you cannot claim the EIC. Taxact 2011 deluxe federal edition download This is true even if the person for whom you are a qualifying child does not claim the EIC or meet all of the rules to claim the EIC. Taxact 2011 deluxe federal edition download Put “No” next to line 64a (Form 1040), line 38a (Form 1040A), or line 8a (Form 1040EZ). Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download You lived with your mother all year. Taxact 2011 deluxe federal edition download You are age 26, unmarried, and permanently and totally disabled. Taxact 2011 deluxe federal edition download Your only income was from a community center where you went three days a week to answer telephones. Taxact 2011 deluxe federal edition download You earned $5,000 for the year and provided more than half of your own support. Taxact 2011 deluxe federal edition download Because you meet the relationship, age, residency, and joint return tests, you are a qualifying child of your mother for the EIC. Taxact 2011 deluxe federal edition download She can claim the EIC if she meets all the other requirements. Taxact 2011 deluxe federal edition download Because you are a qualifying child of your mother, you cannot claim the EIC. Taxact 2011 deluxe federal edition download This is so even if your mother cannot or does not claim the EIC. Taxact 2011 deluxe federal edition download Joint returns. Taxact 2011 deluxe federal edition download   You generally cannot be a qualifying child of another taxpayer if you are married and file a joint return. Taxact 2011 deluxe federal edition download   However, you may be a qualifying child of another taxpayer if you and your spouse file a joint return for the year only to get a refund of income tax withheld or estimated tax paid. Taxact 2011 deluxe federal edition download But neither you nor your spouse can be a qualifying child of another taxpayer if you claim the EIC on your joint return. Taxact 2011 deluxe federal edition download Child of person not required to file a return. Taxact 2011 deluxe federal edition download   You are not the qualifying child of another taxpayer (and so may qualify to claim the EIC) if the person for whom you meet the relationship, age, residency, and joint return tests is not required to file an income tax return and either: Does not file an income tax return, or Files a return only to get a refund of income tax withheld or estimated tax paid. Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download You lived all year with your father. Taxact 2011 deluxe federal edition download You are 27 years old, unmarried, permanently and totally disabled, and earned $13,000. Taxact 2011 deluxe federal edition download You have no other income, no children, and provided more than half of your own support. Taxact 2011 deluxe federal edition download Your father had no gross income, is not required to file a 2013 tax return, and does not file a 2013 tax return. Taxact 2011 deluxe federal edition download As a result, you are not your father's qualifying child. Taxact 2011 deluxe federal edition download You can claim the EIC if you meet all the other requirements to do so. Taxact 2011 deluxe federal edition download   See Rule 13 in Publication 596 for additional examples. Taxact 2011 deluxe federal edition download Rule 14. Taxact 2011 deluxe federal edition download You Must Have Lived in the United States More Than Half of the Year Your home (and your spouse's, if filing a joint return) must have been in the United States for more than half the year. Taxact 2011 deluxe federal edition download If it was not, put “No” next to line 64a (Form 1040), line 38a (Form 1040A), or line 8a (Form 1040EZ). Taxact 2011 deluxe federal edition download United States. Taxact 2011 deluxe federal edition download   This means the 50 states and the District of Columbia. Taxact 2011 deluxe federal edition download It does not include Puerto Rico or U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download possessions such as Guam. Taxact 2011 deluxe federal edition download Homeless shelter. Taxact 2011 deluxe federal edition download   Your home can be any location where you regularly live. Taxact 2011 deluxe federal edition download You do not need a traditional home. Taxact 2011 deluxe federal edition download If you lived in one or more homeless shelters in the United States for more than half the year, you meet this rule. Taxact 2011 deluxe federal edition download Military personnel stationed outside the United States. Taxact 2011 deluxe federal edition download   U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download military personnel stationed outside the United States on extended active duty (defined in Rule 8 ) are considered to live in the United States during that duty period for purposes of the EIC. Taxact 2011 deluxe federal edition download Part D. Taxact 2011 deluxe federal edition download Figuring and Claiming the EIC Read this part if you have met all the rules in Parts A and B, or all the rules in Parts A and C. Taxact 2011 deluxe federal edition download Part D discusses Rule 15 . Taxact 2011 deluxe federal edition download You must meet this rule, in addition to the rules in Parts A and B , or Parts A and C , to qualify for the earned income credit. Taxact 2011 deluxe federal edition download This part of the chapter also explains how to figure the amount of your credit. Taxact 2011 deluxe federal edition download You have two choices. Taxact 2011 deluxe federal edition download Have the IRS figure the EIC for you. Taxact 2011 deluxe federal edition download If you want to do this, see IRS Will Figure the EIC for You . Taxact 2011 deluxe federal edition download Figure the EIC yourself. Taxact 2011 deluxe federal edition download If you want to do this, see How To Figure the EIC Yourself . Taxact 2011 deluxe federal edition download Rule 15. Taxact 2011 deluxe federal edition download Your Earned Income Must Be Less Than: $46,227 ($51,567 for married filing jointly) if you have three or more qualifying children, $43,038 ($48,378 for married filing jointly) if you have two qualifying children, $37,870 ($43,210 for married filing jointly) if you have one qualifying child, or $14,340 ($19,680 for married filing jointly) if you do not have a qualifying child. Taxact 2011 deluxe federal edition download Earned income generally means wages, salaries, tips, other taxable employee pay, and net earnings from self-employment. Taxact 2011 deluxe federal edition download Employee pay is earned income only if it is taxable. Taxact 2011 deluxe federal edition download Nontaxable employee pay, such as certain dependent care benefits and adoption benefits, is not earned income. Taxact 2011 deluxe federal edition download But there is an exception for nontaxable combat pay, which you can choose to include in earned income. Taxact 2011 deluxe federal edition download Earned income is explained in detail in Rule 7 . Taxact 2011 deluxe federal edition download Figuring earned income. Taxact 2011 deluxe federal edition download   If you are self-employed, a statutory employee, or a member of the clergy or a church employee who files Schedule SE (Form 1040), you will figure your earned income when you fill out Part 4 of EIC Worksheet B in the Form 1040 instructions. Taxact 2011 deluxe federal edition download   Otherwise, figure your earned income by using the worksheet in Step 5 of the Form 1040 instructions for lines 64a and 64b or the Form 1040A instructions for lines 38a and 38b, or the worksheet in Step 2 of the Form 1040EZ instructions for lines 8a and 8b. Taxact 2011 deluxe federal edition download   When using one of those worksheets to figure your earned income, you will start with the amount on line 7 (Form 1040 or Form 1040A) or line 1 (Form 1040EZ). Taxact 2011 deluxe federal edition download You will then reduce that amount by any amount included on that line and described in the following list: Scholarship or fellowship grants not reported on a Form W-2, Inmate's income, and Pension or annuity from deferred compensation plans. Taxact 2011 deluxe federal edition download Scholarship or fellowship grants not reported on a Form W-2. Taxact 2011 deluxe federal edition download   A scholarship or fellowship grant that was not reported to you on a Form W-2 is not considered earned income for the earned income credit. Taxact 2011 deluxe federal edition download Inmate's income. Taxact 2011 deluxe federal edition download   Amounts received for work performed while an inmate in a penal institution are not earned income for the earned income credit. Taxact 2011 deluxe federal edition download This includes amounts received for work performed while in a work release program or while in a halfway house. Taxact 2011 deluxe federal edition download If you received any amount for work done while an inmate in a penal institution and that amount is included in the total on line 7 (Form 1040 or Form 1040A) or line 1 (Form 1040EZ), put “PRI” and the amount on the dotted line next to line 7 (Form 1040), in the space to the left of the entry space for line 7 (Form 1040A), or in the space to the left of line 1 (Form 1040EZ). Taxact 2011 deluxe federal edition download Pension or annuity from deferred compensation plans. Taxact 2011 deluxe federal edition download   A pension or annuity from a nonqualified deferred compensation plan or a nongovernmental section 457 plan is not considered earned income for the earned income credit. Taxact 2011 deluxe federal edition download If you received such an amount and it was included in the total on line 7 (Form 1040 or Form 1040A) or line 1 (Form 1040EZ), put “DFC” and the amount on the dotted line next to line 7 (Form 1040), in the space to the left of the entry space for line 7 (Form 1040A), or in the space to the left of line 1 (Form 1040EZ). Taxact 2011 deluxe federal edition download This amount may be reported in box 11 of your Form W-2. Taxact 2011 deluxe federal edition download If you received such an amount but box 11 is blank, contact your employer for the amount received as a pension or annuity. Taxact 2011 deluxe federal edition download Clergy. Taxact 2011 deluxe federal edition download   If you are a member of the clergy who files Schedule SE and the amount on line 2 of that schedule includes an amount that was also reported on line 7 (Form 1040), subtract that amount from the amount on line 7 (Form 1040) and enter the result in the first space of the worksheet in Step 5 of the Form 1040 instructions for lines 64a and 64b. Taxact 2011 deluxe federal edition download Put “Clergy” on the dotted line next to line 64a (Form 1040). Taxact 2011 deluxe federal edition download Church employees. Taxact 2011 deluxe federal edition download    A church employee means an employee (other than a minister or member of a religious order) of a church or qualified church-controlled organization that is exempt from employer social security and Medicare taxes. Taxact 2011 deluxe federal edition download If you received wages as a
Español

Arthritis and Musculoskeletal Interagency Coordinating Committee

The National Institute of Arthritis and Musculoskeletal and Skin Diseases supports research into the causes, treatment, and prevention of arthritis, musculoskeletal, and skin diseases.

Contact the Agency or Department

Website: Arthritis and Musculoskeletal Interagency Coordinating Committee

Contact In-Person: Find Clinical Trials

E-mail:

Address: 1 AMS Circle
Bethesda, MD 20892-3675

Phone Number: 301-495-4484

Toll-free: 877-22-NIAMS (877-226-4267)

TTY: 301-565-2966

The Taxact 2011 Deluxe Federal Edition Download

Taxact 2011 deluxe federal edition download 4. Taxact 2011 deluxe federal edition download   Underpayment Penalty for 2013 Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: General RuleFarmers and fishermen. Taxact 2011 deluxe federal edition download Higher income taxpayers. Taxact 2011 deluxe federal edition download Minimum required for higher income taxpayers. Taxact 2011 deluxe federal edition download Estate or trust payments of estimated tax. Taxact 2011 deluxe federal edition download Lowering or eliminating the penalty. Taxact 2011 deluxe federal edition download ExceptionsLess Than $1,000 Due No Tax Liability Last Year Figuring Your Required Annual Payment (Part I) Short Method for Figuring the Penalty (Part III) Regular Method for Figuring the Penalty (Part IV)Figuring Your Underpayment (Part IV, Section A) Worksheet for Form 2210, Part IV, Section B—Figuring the Penalty Annualized Income Installment Method (Schedule AI) Farmers and Fishermen Waiver of PenaltyFarmers and fishermen. Taxact 2011 deluxe federal edition download Introduction If you did not pay enough tax, either through withholding or by making timely estimated tax payments, you will have underpaid your estimated tax and may have to pay a penalty. Taxact 2011 deluxe federal edition download You may understand this chapter better if you can refer to a copy of your latest federal income tax return. Taxact 2011 deluxe federal edition download No penalty. Taxact 2011 deluxe federal edition download   Generally, you will not have to pay a penalty for 2013 if any of the following apply. Taxact 2011 deluxe federal edition download The total of your withholding and timely estimated tax payments was at least as much as your 2012 tax. Taxact 2011 deluxe federal edition download (See Special rules for certain individuals for higher income taxpayers and farmers and fishermen. Taxact 2011 deluxe federal edition download ) The tax balance due on your 2013 return is no more than 10% of your total 2013 tax, and you paid all required estimated tax payments on time. Taxact 2011 deluxe federal edition download Your total tax for 2013 (defined later) minus your withholding is less than $1,000. Taxact 2011 deluxe federal edition download You did not have a tax liability for 2012. Taxact 2011 deluxe federal edition download You did not have any withholding taxes and your current year tax (less any household employment taxes) is less than $1,000. Taxact 2011 deluxe federal edition download IRS can figure the penalty for you. Taxact 2011 deluxe federal edition download   If you think you owe the penalty, but you do not want to figure it yourself when you file your tax return, you may not have to. Taxact 2011 deluxe federal edition download Generally, the IRS will figure the penalty for you and send you a bill. Taxact 2011 deluxe federal edition download   You only need to figure your penalty in the following three situations. Taxact 2011 deluxe federal edition download You are requesting a waiver of part, but not all, of the penalty. Taxact 2011 deluxe federal edition download You are using the annualized income installment method to figure the penalty. Taxact 2011 deluxe federal edition download You are treating the federal income tax withheld from your income as paid on the dates actually withheld. Taxact 2011 deluxe federal edition download However, if these situations do not apply to you, and you think you can lower or eliminate your penalty, complete Form 2210 or Form 2210-F and attach it to your return. Taxact 2011 deluxe federal edition download See Form 2210 , later. Taxact 2011 deluxe federal edition download Topics - This chapter discusses: The general rule for the underpayment penalty, Special rules for certain individuals, Exceptions to the underpayment penalty, How to figure your underpayment and the amount of your penalty on Form 2210, and How to ask the IRS to waive the penalty. Taxact 2011 deluxe federal edition download Useful Items - You may want to see: Form (and Instructions) 2210 Underpayment of Estimated Tax by Individuals, Estates, and Trusts 2210-F Underpayment of Estimated Tax by Farmers and Fishermen See chapter 5 for information about getting these forms. Taxact 2011 deluxe federal edition download General Rule In general, you may owe a penalty for 2013 if the total of your withholding and timely estimated tax payments did not equal at least the smaller of: 90% of your 2013 tax, or 100% of your 2012 tax. Taxact 2011 deluxe federal edition download (Your 2012 tax return must cover a 12-month period. Taxact 2011 deluxe federal edition download ) Your 2013 tax, for this purpose, is defined under Total tax for 2013 , later. Taxact 2011 deluxe federal edition download Special rules for certain individuals. Taxact 2011 deluxe federal edition download   There are special rules for farmers and fishermen and certain higher income taxpayers. Taxact 2011 deluxe federal edition download Farmers and fishermen. Taxact 2011 deluxe federal edition download   If at least two-thirds of your gross income for 2012 or 2013 is from farming or fishing, substitute  662/3% for 90% in (1) above. Taxact 2011 deluxe federal edition download   See Farmers and Fishermen , later. Taxact 2011 deluxe federal edition download Higher income taxpayers. Taxact 2011 deluxe federal edition download   If your AGI for 2012 was more than $150,000 ($75,000 if your 2013 filing status is married filing a separate return), substitute 110% for 100% in (2) under General Rule . Taxact 2011 deluxe federal edition download This rule does not apply to farmers or fishermen. Taxact 2011 deluxe federal edition download   For 2012, AGI is the amount shown on Form 1040, line 37; Form 1040A, line 21; and Form 1040EZ, line 4. Taxact 2011 deluxe federal edition download Penalty figured separately for each period. Taxact 2011 deluxe federal edition download   Because the penalty is figured separately for each payment period, you may owe a penalty for an earlier payment period even if you later paid enough to make up the underpayment. Taxact 2011 deluxe federal edition download This is true even if you are due a refund when you file your income tax return. Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download You did not make estimated tax payments for 2013 because you thought you had enough tax withheld from your wages. Taxact 2011 deluxe federal edition download Early in January 2014, you made an estimate of your total 2013 tax. Taxact 2011 deluxe federal edition download Then you realized that your withholding was $2,000 less than the amount needed to avoid a penalty for underpayment of estimated tax. Taxact 2011 deluxe federal edition download On January 10, you made an estimated tax payment of $3,000, which is the difference between your withholding and your estimate of your total tax. Taxact 2011 deluxe federal edition download Your final return shows your total tax to be $50 less than your estimate, so you are due a refund. Taxact 2011 deluxe federal edition download You do not owe a penalty for your payment due January 15, 2014. Taxact 2011 deluxe federal edition download However, you may owe a penalty through January 10, 2014, the day you made the $3,000 payment, for your underpayments for the earlier payment periods. Taxact 2011 deluxe federal edition download Minimum required each period. Taxact 2011 deluxe federal edition download   You will owe a penalty for any 2013 payment period for which your estimated tax payment plus your withholding for the period and overpayments applied from previous periods was less than the smaller of: 22. Taxact 2011 deluxe federal edition download 5% of your 2013 tax, or 25% of your 2012 tax. Taxact 2011 deluxe federal edition download (Your 2012 tax return must cover a 12-month period. Taxact 2011 deluxe federal edition download ) Minimum required for higher income taxpayers. Taxact 2011 deluxe federal edition download   If you are subject to the rule for higher income taxpayers, discussed above, substitute 27. Taxact 2011 deluxe federal edition download 5% for 25% in (2) under General Rule . Taxact 2011 deluxe federal edition download When penalty is charged. Taxact 2011 deluxe federal edition download   If you miss a payment or you paid less than the minimum required in a period, you may be charged an underpayment penalty from the date the amount was due to the date the payment is made. Taxact 2011 deluxe federal edition download If a payment is mailed, the date of the U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download postmark is considered the date of payment. Taxact 2011 deluxe federal edition download   If a payment is made electronically, the date the payment is shown on your payment account (checking, savings, etc. Taxact 2011 deluxe federal edition download ) is considered to be the date of payment. Taxact 2011 deluxe federal edition download Estate or trust payments of estimated tax. Taxact 2011 deluxe federal edition download   If you have estimated taxes credited to you from an estate or trust (Schedule K-1 (Form 1041)), treat the payment as made by you on January 15, 2014. Taxact 2011 deluxe federal edition download Amended returns. Taxact 2011 deluxe federal edition download    If you file an amended return by the due date of your original return, use the tax shown on your amended return to figure your required estimated tax payments. Taxact 2011 deluxe federal edition download If you file an amended return after the due date of the original return, use the tax shown on the original return. Taxact 2011 deluxe federal edition download   However, if you and your spouse file a joint return after the due date to replace separate returns you originally filed by the due date, use the tax shown on the joint return to figure your required estimated tax payments. Taxact 2011 deluxe federal edition download This rule applies only if both original separate returns were filed on time. Taxact 2011 deluxe federal edition download 2012 separate returns and 2013 joint return. Taxact 2011 deluxe federal edition download    If you file a joint return with your spouse for 2013, but you filed separate returns for 2012, your 2012 tax is the total of the tax shown on your separate returns. Taxact 2011 deluxe federal edition download You filed a separate return if you filed as single, head of household, or married filing separately. Taxact 2011 deluxe federal edition download 2012 joint return and 2013 separate returns. Taxact 2011 deluxe federal edition download    If you file a separate return for 2013, but you filed a joint return with your spouse for 2012, your 2012 tax is your share of the tax on the joint return. Taxact 2011 deluxe federal edition download You are filing a separate return if you file as single, head of household, or married filing separately. Taxact 2011 deluxe federal edition download   To figure your share of the taxes on a joint return, first figure the tax both you and your spouse would have paid had you filed separate returns for 2012 using the same filing status as for 2013. Taxact 2011 deluxe federal edition download Then multiply the tax on the joint return by the following fraction. Taxact 2011 deluxe federal edition download   The tax you would have paid had you filed a separate return   The total tax you and your spouse would have paid had you filed separate returns Example. Taxact 2011 deluxe federal edition download Lisa and Paul filed a joint return for 2012 showing taxable income of $49,000 and a tax of $6,484. Taxact 2011 deluxe federal edition download Of the $49,000 taxable income, $41,000 was Lisa's and the rest was Paul's. Taxact 2011 deluxe federal edition download For 2013, they file married filing separately. Taxact 2011 deluxe federal edition download Lisa figures her share of the tax on the 2012 joint return as follows. Taxact 2011 deluxe federal edition download 2012 tax on $41,000 based on a separate return $ 6,286 2012 tax on $8,000 based on a  separate return 803 Total $ 7,089 Lisa's percentage of total tax  ($6,286 ÷ $ 7,089) 88. Taxact 2011 deluxe federal edition download 67% Lisa's part of tax on joint return ($6,484 × 88. Taxact 2011 deluxe federal edition download 67%) $ 5,749 Form 2210. Taxact 2011 deluxe federal edition download   In most cases, you do not need to file Form 2210. Taxact 2011 deluxe federal edition download The IRS will figure the penalty for you and send you a bill. Taxact 2011 deluxe federal edition download If you want us to figure the penalty for you, leave the penalty line on your return blank. Taxact 2011 deluxe federal edition download Do not file Form 2210. Taxact 2011 deluxe federal edition download   To determine if you should file Form 2210, see Part II of Form 2210. Taxact 2011 deluxe federal edition download If you decide to figure your penalty, complete Part I, Part II, and either Part III or Part IV of the form and the Penalty Worksheet in the Instructions for Form 2210. Taxact 2011 deluxe federal edition download If you use Form 2210, you cannot file Form 1040EZ. Taxact 2011 deluxe federal edition download   On Form 1040, enter the amount of your penalty on line 77. Taxact 2011 deluxe federal edition download If you owe tax on line 76, add the penalty to your tax due and show your total payment on line 76. Taxact 2011 deluxe federal edition download If you are due a refund, subtract the penalty from the overpayment and enter the result on line 73. Taxact 2011 deluxe federal edition download   On Form 1040A, enter the amount of your penalty on line 46. Taxact 2011 deluxe federal edition download If you owe tax on line 45, add the penalty to your tax due and show your total payment on line 45. Taxact 2011 deluxe federal edition download If you are due a refund, subtract the penalty from the overpayment and enter the result on line 42. Taxact 2011 deluxe federal edition download Lowering or eliminating the penalty. Taxact 2011 deluxe federal edition download    You may be able to lower or eliminate your penalty if you file Form 2210. Taxact 2011 deluxe federal edition download You must file Form 2210 with your return if any of the following applies. Taxact 2011 deluxe federal edition download You request a waiver. Taxact 2011 deluxe federal edition download See Waiver of Penalty , later. Taxact 2011 deluxe federal edition download You use the annualized income installment method. Taxact 2011 deluxe federal edition download See the explanation of this method under Annualized Income Installment Method (Schedule AI) . Taxact 2011 deluxe federal edition download You use your actual withholding for each payment period for estimated tax purposes. Taxact 2011 deluxe federal edition download See Actual withholding method under Figuring Your Underpayment (Part IV, Section A). Taxact 2011 deluxe federal edition download You base any of your required installments on the tax shown on your 2012 return and you filed or are filing a joint return for either 2012 or 2013, but not for both years. Taxact 2011 deluxe federal edition download Exceptions Generally, you do not have to pay an underpayment penalty if either: Your total tax is less than $1,000, or You had no tax liability last year. Taxact 2011 deluxe federal edition download Less Than $1,000 Due You do not owe a penalty if the total tax shown on your return minus the amount you paid through withholding (including excess social security and tier 1 railroad retirement (RRTA) tax withholding) is less than $1,000. Taxact 2011 deluxe federal edition download Total tax for 2013. Taxact 2011 deluxe federal edition download   For 2013, your total tax on Form 1040 is the amount on line 61 reduced by the following. Taxact 2011 deluxe federal edition download    Unreported social security and Medicare tax or RRTA tax from Forms 4137 or 8919 (line 57). Taxact 2011 deluxe federal edition download Any tax included on line 58 for excess contributions to IRAs, Archer MSAs, Coverdell education savings accounts, and health savings accounts, or any tax on excess accumulations in qualified retirement plans. Taxact 2011 deluxe federal edition download The following write-ins on line 60: Uncollected social security and Medicare tax or RRTA tax on tips or group-term life insurance, Tax on excess golden parachute payments, Excise tax on insider stock compensation from an expatriated corporation, Look-back interest due under section 167(g), Look-back interest due under section 460(b), Recapture of federal mortgage subsidy, and Additional tax on advance payments of health coverage tax credit when not eligible. Taxact 2011 deluxe federal edition download Any refundable credit amounts listed on lines 64a, 65, 66, 70, and any credit from Form 8885 included on line 71. Taxact 2011 deluxe federal edition download   If you filed Form 1040A, your 2013 total tax is the amount on line 35 reduced by any refundable credits on lines 38a, 39, and 40. Taxact 2011 deluxe federal edition download   If you filed Form 1040EZ, your 2013 total tax is the amount on line 10 reduced by the amount on line 8a. Taxact 2011 deluxe federal edition download Note. Taxact 2011 deluxe federal edition download When figuring the amount on line 60, include household employment taxes only if you had federal income tax withheld from your income or you would owe the penalty even if you did not include those taxes. Taxact 2011 deluxe federal edition download Paid through withholding. Taxact 2011 deluxe federal edition download    For 2013, the amount you paid through withholding on Form 1040 is the amount on line 62 plus any excess social security or tier 1 RRTA tax withholding on line 69. Taxact 2011 deluxe federal edition download Add to that any write-in amount on line 72 identified as “Form 8689. Taxact 2011 deluxe federal edition download ” On Form 1040A, the amount you paid through withholding is the amount on line 36 plus any excess social security or tier 1 RRTA tax withholding included on line 41. Taxact 2011 deluxe federal edition download On Form 1040EZ, it is the amount on line 7. Taxact 2011 deluxe federal edition download No Tax Liability Last Year You do not owe a penalty if you had no tax liability last year and you were a U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download citizen or resident for the whole year. Taxact 2011 deluxe federal edition download For this rule to apply, your tax year must have included all 12 months of the year. Taxact 2011 deluxe federal edition download You had no tax liability for 2012 if your total tax was zero or you were not required to file an income tax return. Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download Ray, who is single and 22 years old, was unemployed for a few months during 2012. Taxact 2011 deluxe federal edition download He earned $6,700 in wages before he was laid off, and he received $1,400 in unemployment compensation afterwards. Taxact 2011 deluxe federal edition download He had no other income. Taxact 2011 deluxe federal edition download Even though he had gross income of $8,100, he did not have to pay income tax because his gross income was less than the filing requirement for a single person under age 65 ($9,750 for 2012). Taxact 2011 deluxe federal edition download He filed a return only to have his withheld income tax refunded to him. Taxact 2011 deluxe federal edition download In 2013, Ray began regular work as an independent contractor. Taxact 2011 deluxe federal edition download Ray made no estimated tax payments in 2013. Taxact 2011 deluxe federal edition download Even though he did owe tax at the end of the year, Ray does not owe the underpayment penalty for 2013 because he had no tax liability in 2012. Taxact 2011 deluxe federal edition download Total tax for 2012. Taxact 2011 deluxe federal edition download   For 2012, your total tax on Form 1040 is the amount on line 61 reduced by the following. Taxact 2011 deluxe federal edition download    Unreported social security and Medicare tax or RRTA tax from Forms 4137 or 8919 (line 57). Taxact 2011 deluxe federal edition download Any tax included on line 58 for excess contributions to IRAs, Archer MSAs, Coverdell education savings accounts, and health savings accounts, or any tax on excess accumulations in qualified retirement plans. Taxact 2011 deluxe federal edition download The following write-ins on line 60: Uncollected social security and Medicare tax or RRTA tax on tips or group-term life insurance, Tax on excess golden parachute payments, Excise tax on insider stock compensation from an expatriated corporation, Look-back interest due under section 167(g), Look-back interest due under section 460(b), Recapture of federal mortgage subsidy, and Additional tax on advance payments of health coverage tax credit when not eligible. Taxact 2011 deluxe federal edition download Any refundable credit amounts listed on lines 64a, 65, 66, 70, and credits from Forms 8801 (line 27 only), and 8885 included on line 71. Taxact 2011 deluxe federal edition download   If you filed Form 1040A, your 2012 total tax is the amount on line 35 reduced by any refundable credits on lines 38a, 39, and 40. Taxact 2011 deluxe federal edition download   If you filed Form 1040EZ, your 2012 total tax is the amount on line 11 reduced by the amount on line 8a. Taxact 2011 deluxe federal edition download Figuring Your Required Annual Payment (Part I) Figure your required annual payment in Part I of Form 2210, following the line-by-line instructions. Taxact 2011 deluxe federal edition download If you rounded the entries on your tax return to whole dollars, you can round on Form 2210. Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download The tax on Lori Lane's 2012 return was $12,400. Taxact 2011 deluxe federal edition download Her AGI was not more than $150,000 for either 2012 or 2013. Taxact 2011 deluxe federal edition download The tax on her 2013 return (Form 1040, line 55) is $13,044. Taxact 2011 deluxe federal edition download Line 56 (self-employment tax) is $8,902. Taxact 2011 deluxe federal edition download Her 2013 total tax is $21,946. Taxact 2011 deluxe federal edition download For 2013, Lori had $1,600 income tax withheld and made four equal estimated tax payments ($1,000 each). Taxact 2011 deluxe federal edition download 90% of her 2013 tax is $19,751. Taxact 2011 deluxe federal edition download Because she paid less than her 2012 tax ($12,400) and less than 90% of her 2013 tax ($19,751), and does not meet an exception, Lori knows that she owes a penalty for underpayment of estimated tax. Taxact 2011 deluxe federal edition download The IRS will figure the penalty for Lori, but she decides to figure it herself on Form 2210 and pay it with her taxes when she files her tax return. Taxact 2011 deluxe federal edition download Lori's required annual payment is $12,400 (100% of 2012 tax) because that is smaller than 90% of her 2013 tax. Taxact 2011 deluxe federal edition download Different 2012 filing status. Taxact 2011 deluxe federal edition download    If you file a separate return for 2013, but you filed a joint return with your spouse for 2012, see 2012 joint return and 2013 separate returns , earlier, to figure the amount to enter as your 2012 tax on line 8 of Form 2210. Taxact 2011 deluxe federal edition download Short Method for Figuring the Penalty (Part III) You may be able to use the short method in Part III of Form 2210 to figure your penalty for underpayment of estimated tax. Taxact 2011 deluxe federal edition download If you qualify to use this method, it will result in the same penalty amount as the regular method. Taxact 2011 deluxe federal edition download However, either the annualized income installment method or the actual withholding method, explained later, may result in a smaller penalty. Taxact 2011 deluxe federal edition download You can use the short method only if you meet one of the following requirements. Taxact 2011 deluxe federal edition download You made no estimated tax payments for 2013 (it does not matter whether you had income tax withholding). Taxact 2011 deluxe federal edition download You paid the same amount of estimated tax on each of the four payment due dates. Taxact 2011 deluxe federal edition download If you do not meet either requirement, figure your penalty using the regular method in Part IV of Form 2210 and the Penalty Worksheet in the instructions. Taxact 2011 deluxe federal edition download Note. Taxact 2011 deluxe federal edition download If any payment was made before the due date, you can use the short method, but the penalty may be less if you use the regular method. Taxact 2011 deluxe federal edition download However, if the payment was only a few days early, the difference is likely to be small. Taxact 2011 deluxe federal edition download You cannot use the short method if any of the following apply. Taxact 2011 deluxe federal edition download You made any estimated tax payments late. Taxact 2011 deluxe federal edition download You checked box C or D in Part II of Form 2210. Taxact 2011 deluxe federal edition download You are filing Form 1040NR or 1040NR-EZ and you did not receive wages as an employee subject to U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download income tax withholding. Taxact 2011 deluxe federal edition download If you use the short method, you cannot use the annualized income installment method to figure your underpayment for each payment period. Taxact 2011 deluxe federal edition download Also, you cannot use your actual withholding during each period to figure your payments for each period. Taxact 2011 deluxe federal edition download These methods, which may give you a smaller penalty amount, are explained under Figuring Your Underpayment (Part IV, Section A). Taxact 2011 deluxe federal edition download Complete Part III of Form 2210 following the line-by-line instructions in the Instructions for Form 2210. Taxact 2011 deluxe federal edition download Regular Method for Figuring the Penalty (Part IV) You can use the regular method in Part IV of Form 2210 to figure your penalty for underpayment of estimated tax if you paid one or more estimated tax payments earlier than the due date. Taxact 2011 deluxe federal edition download You must use the regular method in Part IV of Form 2210 to figure your penalty for underpayment of estimated tax if any of the following apply to you. Taxact 2011 deluxe federal edition download You paid one or more estimated tax payments on a date after the due date. Taxact 2011 deluxe federal edition download You paid at least one, but less than four, installments of estimated tax. Taxact 2011 deluxe federal edition download You paid estimated tax payments in un- equal amounts. Taxact 2011 deluxe federal edition download You use the annualized income installment method to figure your underpayment for each payment period. Taxact 2011 deluxe federal edition download You use your actual withholding during each payment period to figure your payments. Taxact 2011 deluxe federal edition download Under the regular method, figure your underpayment for each payment period in Section A, then figure your penalty using the Penalty Worksheet in the Instructions for Form 2210. Taxact 2011 deluxe federal edition download Enter the results on line 27 of Section B. Taxact 2011 deluxe federal edition download Figuring Your Underpayment (Part IV, Section A) Figure your underpayment of estimated tax for each payment period in Section A following the line-by-line instructions in the Instructions for Form 2210. Taxact 2011 deluxe federal edition download Complete lines 20 through 26 of the first column before going to line 20 of the next column. Taxact 2011 deluxe federal edition download Required installments—line 18. Taxact 2011 deluxe federal edition download   Your required payment for each payment period (line 18) is usually one-fourth of your required annual payment (Part I, line 9). Taxact 2011 deluxe federal edition download This method—the regular method—is the one to use if you received your income evenly throughout the year. Taxact 2011 deluxe federal edition download   However, if you did not receive your income evenly throughout the year, you may be able to lower or eliminate your penalty by figuring your underpayment using the annualized income installment method. Taxact 2011 deluxe federal edition download First complete Schedule AI (Form 2210), then enter the amounts from line 25 of that schedule on line 18 of Form 2210, Part IV. Taxact 2011 deluxe federal edition download See Annualized Income Installment Method (Schedule AI), later. Taxact 2011 deluxe federal edition download Payments made—line 19. Taxact 2011 deluxe federal edition download   Enter in each column the total of: Your estimated tax paid after the due date for the previous column and by the due date shown at the top of the column, and One-fourth of your withholding. Taxact 2011 deluxe federal edition download For special rules for figuring your payments, see Form 2210 instructions for line 19. Taxact 2011 deluxe federal edition download   If you file Form 1040, your withholding is the amount on line 62, plus any excess social security or tier 1 RRTA tax withholding on line 69. Taxact 2011 deluxe federal edition download If you file Form 1040A, your withholding is the amount on line 36 plus any excess social security or tier 1 RRTA tax withholding included in line 41. Taxact 2011 deluxe federal edition download Actual withholding method. Taxact 2011 deluxe federal edition download    Instead of using one-fourth of your withholding for each quarter, you can choose to use the amounts actually withheld by each due date. Taxact 2011 deluxe federal edition download You can make this choice separately for the tax withheld from your wages and for all other withholding. Taxact 2011 deluxe federal edition download This includes any excess social security and tier 1 RRTA tax withheld. Taxact 2011 deluxe federal edition download   Using your actual withholding may result in a smaller penalty if most of your withholding occurred early in the year. Taxact 2011 deluxe federal edition download   If you use your actual withholding, you must check box D in Form 2210, Part II. Taxact 2011 deluxe federal edition download Then complete Form 2210 using the regular method (Part IV) and file it with your return. Taxact 2011 deluxe federal edition download Worksheet for Form 2210, Part IV, Section B—Figuring the Penalty Figure the amount of your penalty for Section B using the Penalty Worksheet in the Form 2210 instructions. Taxact 2011 deluxe federal edition download The penalty is imposed on each underpayment amount shown on Form 2210, Section A, line 25, for the number of days that it remained unpaid. Taxact 2011 deluxe federal edition download For 2013, there are four rate periods—April 16 through June 30, July 1 through September 30, October 1 through December 31, and January 1, 2014 through April 15, 2014. Taxact 2011 deluxe federal edition download A 3% rate applies to all four periods. Taxact 2011 deluxe federal edition download Payments. Taxact 2011 deluxe federal edition download    Before completing the Penalty Worksheet, it may be helpful to make a list of the payments you made and income tax withheld after the due date (or the last day payments could be made on time) for the earliest payment period an underpayment occurred. Taxact 2011 deluxe federal edition download For example, if you had an underpayment for the first payment period, list your payments after April 15, 2013. Taxact 2011 deluxe federal edition download You can use the table in the Form 2210 instructions to make your list. Taxact 2011 deluxe federal edition download Follow those instructions for listing income tax withheld and payments made with your return. Taxact 2011 deluxe federal edition download Use the list to determine when each underpayment was paid. Taxact 2011 deluxe federal edition download   If you mail your estimated tax payments, use the date of the U. Taxact 2011 deluxe federal edition download S. Taxact 2011 deluxe federal edition download postmark as the date of payment. Taxact 2011 deluxe federal edition download Line 1b. Taxact 2011 deluxe federal edition download   Apply the payments listed to underpayment balance in the first column until it is fully paid. Taxact 2011 deluxe federal edition download Apply payments in the order made. Taxact 2011 deluxe federal edition download Figuring the penalty. Taxact 2011 deluxe federal edition download   If an underpayment was paid in two or more payments on different dates, you must figure the penalty separately for each payment. Taxact 2011 deluxe federal edition download On line 3 of the Penalty Worksheet enter the number of days between the due date (line 2) and the date of each payment on line 1b. Taxact 2011 deluxe federal edition download On line 4 figure the penalty for the amount of each payment applied on line 1b or the amount remaining unpaid. Taxact 2011 deluxe federal edition download If no payments are applied, figure the penalty on the amount on line 1a. Taxact 2011 deluxe federal edition download Aid for counting days. Taxact 2011 deluxe federal edition download    Table 4-1 provides a simple method for counting the number of days between a due date and a payment date. Taxact 2011 deluxe federal edition download Find the number for the date the payment was due by going across to the column of the month the payment was due and moving down the column to the due date. Taxact 2011 deluxe federal edition download In the same manner, find the number for the date the payment was made. Taxact 2011 deluxe federal edition download Subtract the due date “number” from the payment date “number. Taxact 2011 deluxe federal edition download ”   For example, if a payment was due on June 15 (61), but was not paid until September 1 (139), the payment was 78 (139 – 61) days late. Taxact 2011 deluxe federal edition download Table 4-1. Taxact 2011 deluxe federal edition download Calendar To Determine the Number of Days a Payment Is Late Instructions. Taxact 2011 deluxe federal edition download Use this table with Form 2210 if you are completing Part IV, Section B. Taxact 2011 deluxe federal edition download First, find the number for the payment due date by going across to the column of the month the payment was due and moving down the column to the due date. Taxact 2011 deluxe federal edition download Then, in the same manner, find the number for the date the payment was made. Taxact 2011 deluxe federal edition download Finally, subtract the due date number from the payment date number. Taxact 2011 deluxe federal edition download The result is the number of days the payment is late. Taxact 2011 deluxe federal edition download Example. Taxact 2011 deluxe federal edition download The payment due date is June 15 (61). Taxact 2011 deluxe federal edition download The payment was made on November 4 (203). Taxact 2011 deluxe federal edition download The payment is 142 days late (203 – 61). Taxact 2011 deluxe federal edition download Tax Year 2013 Day of 2013 2013 2013 2013 2013 2013 2013 2013 2013 2014 2014 2014 2014 Month April May June July Aug. Taxact 2011 deluxe federal edition download Sept. Taxact 2011 deluxe federal edition download Oct. Taxact 2011 deluxe federal edition download Nov. Taxact 2011 deluxe federal edition download Dec. Taxact 2011 deluxe federal edition download Jan. Taxact 2011 deluxe federal edition download Feb. Taxact 2011 deluxe federal edition download Mar. Taxact 2011 deluxe federal edition download Apr. Taxact 2011 deluxe federal edition download 1   16 47 77 108 139 169 200 230 261 292 320 351 2   17 48 78 109 140 170 201 231 262 293 321 352 3   18 49 79 110 141 171 202 232 263 294 322 353 4   19 50 80 111 142 172 203 233 264 295 323 354 5   20 51 81 112 143 173 204 234 265 296 324 355 6   21 52 82 113 144 174 205 235 266 297 325 356 7   22 53 83 114 145 175 206 236 267 298 326 357 8   23 54 84 115 146 176 207 237 268 299 327 358 9   24 55 85 116 147 177 208 238 269 300 328 359 10   25 56 86 117 148 178 209 239 270 301 329 360 11   26 57 87 118 149 179 210 240 271 302 330 361 12   27 58 88 119 150 180 211 241 272 303 331 362 13   28 59 89 120 151 181 212 242 273 304 332 363 14   29 60 90 121 152 182 213 243 274 305 333 364 15 0 30 61 91 122 153 183 214 244 275 306 334 365 16 1 31 62 92 123 154 184 215 245 276 307 335   17 2 32 63 93 124 155 185 216 246 277 308 336   18 3 33 64 94 125 156 186 217 247 278 309 337   19 4 34 65 95 126 157 187 218 248 279 310 338   20 5 35 66 96 127 158 188 219 249 280 311 339   21 6 36 67 97 128 159 189 220 250 281 312 340   22 7 37 68 98 129 160 190 221 251 282 313 341   23 8 38 69 99 130 161 191 222 252 283 314 342   24 9 39 70 100 131 162 192 223 253 284 315 343   25 10 40 71 101 132 163 193 224 254 285 316 344   26 11 41 72 102 133 164 194 225 255 286 317 345   27 12 42 73 103 134 165 195 226 256 287 318 346   28 13 43 74 104 135 166 196 227 257 288 319 347   29 14 44 75 105 136 167 197 228 258 289   348   30 15 45 76 106 137 168 198 229 259 290   349   31   46   107 138   199   260 291   350   Annualized Income Installment Method (Schedule AI) If you did not receive your income evenly throughout the year (for example, your income from a shop you operated at a marina was much larger in the summer than it was during the rest of the year), you may be able to lower or eliminate your penalty by figuring your underpayment using the annualized income installment method. Taxact 2011 deluxe federal edition download Under this method, your required installment (Part IV, line 18) for one or more payment periods may be less than one-fourth of your required annual payment. Taxact 2011 deluxe federal edition download To figure your underpayment using this method, complete Form 2210, Schedule AI. Taxact 2011 deluxe federal edition download Schedule AI annualizes your tax at the end of each payment period based on your income, deductions, and other items relating to events that occurred from the beginning of the tax year through the end of the period. Taxact 2011 deluxe federal edition download If you use the annualized income installment method, you must check box C in Part II of Form 2210. Taxact 2011 deluxe federal edition download Also, you must attach Form 2210 and Schedule AI to your return. Taxact 2011 deluxe federal edition download If you use Schedule AI for any payment due date, you must use it for all payment due dates. Taxact 2011 deluxe federal edition download Completing Schedule AI. Taxact 2011 deluxe federal edition download   Follow the Form 2210 instructions to complete Schedule AI. Taxact 2011 deluxe federal edition download For each period shown on Schedule AI, figure your income and deductions based on your method of accounting. Taxact 2011 deluxe federal edition download If you use the cash method of accounting (used by most people), include all income actually or constructively received during the period and all deductions actually paid during the period. Taxact 2011 deluxe federal edition download Note. Taxact 2011 deluxe federal edition download Each period includes amounts from the previous period(s). Taxact 2011 deluxe federal edition download Period (a) includes items for January 1 through March 31. Taxact 2011 deluxe federal edition download Period (b) includes items for January 1 through May 31. Taxact 2011 deluxe federal edition download Period (c) includes items for January 1 through August 31. Taxact 2011 deluxe federal edition download Period (d) includes items for the entire year. Taxact 2011 deluxe federal edition download Farmers and Fishermen If you are a farmer or fisherman, the following special rules for underpayment of estimated tax apply to you. Taxact 2011 deluxe federal edition download The penalty for underpaying your 2013 estimated tax will not apply if you file your return and pay all the tax due by March 3, 2014. Taxact 2011 deluxe federal edition download If you are a fiscal year taxpayer, the penalty will not apply if you file your return and pay the tax due by the first day of the third month after the end of your tax year. Taxact 2011 deluxe federal edition download Any penalty you owe for underpaying your 2013 estimated tax will be figured from one payment due date, January 15, 2014. Taxact 2011 deluxe federal edition download The underpayment penalty for 2013 is figured on the difference between the amount of 2013 withholding plus estimated tax paid by the due date and the smaller of: 662/3% (rather than 90%) of your 2013 tax, or 100% of the tax shown on your 2012 return. Taxact 2011 deluxe federal edition download Even if these special rules apply to you, you will not owe the penalty if you meet either of the two conditions discussed under Exceptions . Taxact 2011 deluxe federal edition download See Who Must Pay Estimated Tax in chapter 2 for the definition of a farmer or fisherman who is eligible for these special rules. Taxact 2011 deluxe federal edition download Form 2210-F. Taxact 2011 deluxe federal edition download   Use Form 2210-F to figure any underpayment penalty. Taxact 2011 deluxe federal edition download Do not attach it to your return unless you check a box in Part I. Taxact 2011 deluxe federal edition download However, if none of the boxes apply to you and you owe a penalty, you do not need to attach Form 2210-F. Taxact 2011 deluxe federal edition download Enter the amount from line 16 on Form 1040, line 77 and add the penalty to any balance due on your return or subtract it from your refund. Taxact 2011 deluxe federal edition download Keep your filled-in Form 2210-F for your records. Taxact 2011 deluxe federal edition download    If none of the boxes on Form 2210-F apply to you and you owe a penalty, the IRS can figure your penalty and send you a bill. Taxact 2011 deluxe federal edition download Waiver of Penalty The IRS can waive the penalty for underpayment if either of the following applies. Taxact 2011 deluxe federal edition download You did not make a payment because of a casualty, disaster, or other unusual circumstance and it would be inequitable to impose the penalty. Taxact 2011 deluxe federal edition download You retired (after reaching age 62) or became disabled in 2012 or 2013 and both the following requirements are met. Taxact 2011 deluxe federal edition download You had a reasonable cause for not making the payment. Taxact 2011 deluxe federal edition download Your underpayment was not due to willful neglect. Taxact 2011 deluxe federal edition download How to request a waiver. Taxact 2011 deluxe federal edition download   To request a waiver, see the Instructions for Form 2210. Taxact 2011 deluxe federal edition download Farmers and fishermen. Taxact 2011 deluxe federal edition download   To request a waiver, see the Instructions for Form 2210-F. Taxact 2011 deluxe federal edition download Federally declared disaster. Taxact 2011 deluxe federal edition download   Certain estimated tax payment deadlines for taxpayers who reside or have a business in a federally declared disaster area are postponed for a period during and after the disaster. Taxact 2011 deluxe federal edition download During the processing of your tax return, the IRS automatically identifies taxpayers located in a covered disaster area (by county or parish) and applies the appropriate penalty relief. Taxact 2011 deluxe federal edition download Do not file Form 2210 or 2210-F if your underpayment was due to a federally declared disaster. Taxact 2011 deluxe federal edition download If you still owe a penalty after the automatic waiver is applied, we will send you a bill. Taxact 2011 deluxe federal edition download   Individuals, estates, and trusts not in a covered disaster area but whose books, records, or tax professionals' offices are in a covered area are also entitled to relief. Taxact 2011 deluxe federal edition download Also eligible are relief workers affiliated with a recognized government or charitable organization assisting in the relief activities in a covered disaster area. Taxact 2011 deluxe federal edition download If you meet either of these eligibility requirements, you must call the IRS disaster hotline at 1-866-562-5227 and identify yourself as eligible for this relief. Taxact 2011 deluxe federal edition download   Details on the applicable disaster postponement period can be found at IRS. Taxact 2011 deluxe federal edition download gov. Taxact 2011 deluxe federal edition download Enter Tax Relief in Disaster Situations. Taxact 2011 deluxe federal edition download Select the federally declared disaster that affected you. Taxact 2011 deluxe federal edition download    Worksheet 4-1. Taxact 2011 deluxe federal edition download 2013 Form 2210, Schedule AI—Line 12 Qualified Dividends and Capital Gain Tax Worksheet Note. Taxact 2011 deluxe federal edition download To figure the annualized entries for lines 2, 3, and 5 below, multiply the expected amount for the period by the  annualization amount on line 2 of Schedule AI for the same period. Taxact 2011 deluxe federal edition download                   1. Taxact 2011 deluxe federal edition download Enter line 11 of your Schedule AI, or line 3 from Worksheet 4-2 1. Taxact 2011 deluxe federal edition download       2. Taxact 2011 deluxe federal edition download Enter your annualized qualified dividends for the period 2. Taxact 2011 deluxe federal edition download           3. Taxact 2011 deluxe federal edition download Are you filing Schedule D?               □ Yes. Taxact 2011 deluxe federal edition download Enter the smaller of your annualized amount from line 15 or line 16 of Schedule D. Taxact 2011 deluxe federal edition download If either line 15 or line 16 is blank or a loss, enter -0-. Taxact 2011 deluxe federal edition download 3. Taxact 2011 deluxe federal edition download             □ No. Taxact 2011 deluxe federal edition download Enter your annualized capital gain distributions from Form 1040, line 13             4. Taxact 2011 deluxe federal edition download Add lines 2 and 3   4. Taxact 2011 deluxe federal edition download           5. Taxact 2011 deluxe federal edition download If you are claiming investment interest expense on Form 4952, enter your annualized amount from line 4g of that form. Taxact 2011 deluxe federal edition download Otherwise, enter -0-   5. Taxact 2011 deluxe federal edition download           6. Taxact 2011 deluxe federal edition download Subtract line 5 from line 4. Taxact 2011 deluxe federal edition download If zero or less, enter -0- 6. Taxact 2011 deluxe federal edition download       7. Taxact 2011 deluxe federal edition download Subtract line 6 from line 1. Taxact 2011 deluxe federal edition download If zero or less, enter -0- 7. Taxact 2011 deluxe federal edition download       8. Taxact 2011 deluxe federal edition download Enter: $36,900 if single or married filing separately, $73,800 if married filing jointly or qualifying widow(er), $49,400 if head of household. Taxact 2011 deluxe federal edition download 8. Taxact 2011 deluxe federal edition download       9. Taxact 2011 deluxe federal edition download Enter the smaller of line 1 or line 8 9. Taxact 2011 deluxe federal edition download       10. Taxact 2011 deluxe federal edition download Enter the smaller of line 7 or line 9 10. Taxact 2011 deluxe federal edition download       11. Taxact 2011 deluxe federal edition download Subtract line 10 from line 9. Taxact 2011 deluxe federal edition download This amount is taxed at 0% 11. Taxact 2011 deluxe federal edition download       12. Taxact 2011 deluxe federal edition download Enter the smaller of line 1 or line 6 12. Taxact 2011 deluxe federal edition download       13. Taxact 2011 deluxe federal edition download Enter the amount from line 11 13. Taxact 2011 deluxe federal edition download       14. Taxact 2011 deluxe federal edition download Subtract line 13 from line 12 14. Taxact 2011 deluxe federal edition download       15. Taxact 2011 deluxe federal edition download Multiply line 14 by 15% (. Taxact 2011 deluxe federal edition download 15) 15. Taxact 2011 deluxe federal edition download   16. Taxact 2011 deluxe federal edition download Figure the tax on the amount on line 7. Taxact 2011 deluxe federal edition download If the amount on line 7 is less than $100,000, use the Tax Table in the 2013 Form 1040 instructions to figure this tax. Taxact 2011 deluxe federal edition download If the amount on line 7 is $100,000 or more, use the Tax Computation Worksheet in the 2013 Form 1040 instructions 16. Taxact 2011 deluxe federal edition download   17. Taxact 2011 deluxe federal edition download Add lines 15 and 16 17. Taxact 2011 deluxe federal edition download   18. Taxact 2011 deluxe federal edition download Figure the tax on the amount on line 1. Taxact 2011 deluxe federal edition download If the amount on line 1 is less than $100,000, use the Tax Table in the 2013 Form 1040 instructions to figure this tax. Taxact 2011 deluxe federal edition download If the amount on line 1 is $100,000 or more, use the Tax Computation Worksheet in the 2013 Form 1040 instructions 18. Taxact 2011 deluxe federal edition download   19. Taxact 2011 deluxe federal edition download Tax on all taxable income. Taxact 2011 deluxe federal edition download Enter the smaller of line 17 or line 18. Taxact 2011 deluxe federal edition download Also enter this amount on line 12 of Schedule AI in the appropriate column. Taxact 2011 deluxe federal edition download However, if you are using this worksheet to figure the tax on the amount on line 3 of Worksheet 4-2, enter the amount from line 19 on Worksheet 4-2, line 4 19. Taxact 2011 deluxe federal edition download   Worksheet 4-2. Taxact 2011 deluxe federal edition download 2013 Form 2210, Schedule AI—Line 12 Foreign Earned Income Tax Worksheet Before you begin:If Schedule AI, line 11, is zero for the period, do not complete this worksheet. Taxact 2011 deluxe federal edition download             1. Taxact 2011 deluxe federal edition download Enter the amount from line 11 of Schedule AI for the period 1. Taxact 2011 deluxe federal edition download   2. Taxact 2011 deluxe federal edition download Enter the annualized amount* of foreign earned income and housing amount excluded or deducted (from  Form 2555, lines 45 and 50, or Form 2555-EZ, line 18) in figuring the amount entered for the period on line 1  of Schedule AI 2. Taxact 2011 deluxe federal edition download   3. Taxact 2011 deluxe federal edition download Add lines 1 and 2 3. Taxact 2011 deluxe federal edition download   4. Taxact 2011 deluxe federal edition download Tax on the amount on line 3. Taxact 2011 deluxe federal edition download Use the Tax Table, Tax Computation Worksheet, Form 8615**, Qualified Dividends and Capital Gain Tax Worksheet***, or Schedule D Tax Worksheet***, whichever applies. Taxact 2011 deluxe federal edition download See the 2013 Instructions for Form 1040, line 44, to find out which tax computation method to use. Taxact 2011 deluxe federal edition download (Note. Taxact 2011 deluxe federal edition download You do not have to use the same method for each period on Schedule AI. Taxact 2011 deluxe federal edition download ) 4. Taxact 2011 deluxe federal edition download   5. Taxact 2011 deluxe federal edition download Tax on the amount on line 2. Taxact 2011 deluxe federal edition download If the amount on line 2 is less than $100,000, use the Tax Table in the 2013 Form 1040 instructions to figure this tax. Taxact 2011 deluxe federal edition download If the amount on line 7 is $100,000 or more, use the Tax Computation Worksheet in the 2013 Form 1040 instructions 5. Taxact 2011 deluxe federal edition download   6. Taxact 2011 deluxe federal edition download Subtract line 5 from line 4. Taxact 2011 deluxe federal edition download Enter the result here and on line 12 of Schedule AI. Taxact 2011 deluxe federal edition download If zero or less,  enter -0- 6. Taxact 2011 deluxe federal edition download             * To figure the annualized amount for line 2, multiply the exclusion or deduction for the period by the annualization amount on line 2 of Schedule AI for the same period. Taxact 2011 deluxe federal edition download     ** If you use Form 8615 to figure the tax on line 4 above, enter the amount from line 3 above on line 4 of Form 8615. Taxact 2011 deluxe federal edition download If the child's parent files Form 2555 or 2555-EZ, enter the amounts from lines 3 and 4 of the parent's Foreign Earned Income Tax Worksheet on lines 6 and 10, respectively, of Form 8615. Taxact 2011 deluxe federal edition download Complete the rest of Form 8615 according to its instructions. Taxact 2011 deluxe federal edition download Then complete lines 5 and 6 above. Taxact 2011 deluxe federal edition download     *** Enter the amount from line 3 above on line 1 of the Qualified Dividends and Capital Gain Tax Worksheet (or Worksheet 4-1 in this chapter) or the Schedule D Tax Worksheet, whichever worksheet you use to figure the tax on line 4 above. Taxact 2011 deluxe federal edition download Complete that worksheet through line 6 (line 10 if you use the Schedule D Tax Worksheet). Taxact 2011 deluxe federal edition download Next, determine if you have a capital gain excess. Taxact 2011 deluxe federal edition download     Figuring capital gain excess. Taxact 2011 deluxe federal edition download To find out if you have a capital gain excess for the appropriate period, subtract line 11 of Schedule AI from line 6 of Worksheet 4-1 or your Qualified Dividends and Capital Gain Tax Worksheet (line 10 of your Schedule D Tax Worksheet). Taxact 2011 deluxe federal edition download If the result is more than zero, that amount is your capital gain excess. Taxact 2011 deluxe federal edition download     No capital gain excess. Taxact 2011 deluxe federal edition download If you do not have a capital gain excess, complete the rest of Worksheet 4-1, Qualified Dividends and Capital Gain Tax Worksheet, or the Schedule D Tax Worksheet according to the worksheet's instructions. Taxact 2011 deluxe federal edition download Then complete lines 5 and 6 above. Taxact 2011 deluxe federal edition download     Capital gain excess. Taxact 2011 deluxe federal edition download If you have a capital gain excess, complete a second Worksheet 4-1, Qualified Dividends and Capital Gain Tax Worksheet, or Schedule D Tax Worksheet (whichever applies) as instructed above but in its entirety and with the following additional modifications. Taxact 2011 deluxe federal edition download Then complete lines 5 and 6 above. Taxact 2011 deluxe federal edition download     Make the modifications below only for purposes of filling out Worksheet 4-2 above. Taxact 2011 deluxe federal edition download     a. Taxact 2011 deluxe federal edition download Reduce (but not below zero) the amount you otherwise would enter on line 3 of your Worksheet 4-1, line 3 of your Qualified Dividends and Capital Gain Tax Worksheet, or line 9 of your Schedule D Tax Worksheet by your capital gain excess. Taxact 2011 deluxe federal edition download     b. Taxact 2011 deluxe federal edition download Reduce (but not below zero) the amount you otherwise would enter on line 2 of your Worksheet 4-1, line 2 of your Qualified Dividends and Capital Gain Tax Worksheet, or line 6 of your Schedule D Tax Worksheet by any of your capital gain excess not used in (a) above. Taxact 2011 deluxe federal edition download     c. Taxact 2011 deluxe federal edition download Reduce (but not below zero) the amount on your Schedule D (Form 1040), line 18, by your capital gain excess. Taxact 2011 deluxe federal edition download     d. Taxact 2011 deluxe federal edition download Include your capital gain excess as a loss on line 16 of your Unrecaptured Section 1250 Gain Worksheet in the 2013 Instructions for Schedule D (Form 1040). Taxact 2011 deluxe federal edition download   Prev  Up  Next   Home   More Online Publications