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1040x efile 2. 1040x efile   American Opportunity Credit Table of Contents Introduction Can You Claim the CreditWho Can Claim the Credit Who Cannot Claim the Credit What Expenses QualifyQualified Education Expenses No Double Benefit Allowed Expenses That Do Not Qualify Who Is an Eligible StudentException. 1040x efile Who Can Claim a Dependent's Expenses Figuring the CreditEffect of the Amount of Your Income on the Amount of Your Credit Refundable Part of Credit Claiming the Credit Introduction For 2013, there are two tax credits available to help you offset the costs of higher education by reducing the amount of your income tax. 1040x efile They are the American opportunity credit (this chapter) and the lifetime learning credit ( chapter 3 ). 1040x efile This chapter explains: Who can claim the American opportunity credit, What expenses qualify for the credit, Who is an eligible student, Who can claim a dependent's expenses, How to figure the credit, How to claim the credit, and When the credit must be repaid. 1040x efile What is the tax benefit of the American opportunity credit. 1040x efile   For the tax year, you may be able to claim an American opportunity credit of up to $2,500 for qualified education expenses paid for each eligible student. 1040x efile   A tax credit reduces the amount of income tax you may have to pay. 1040x efile Unlike a deduction, which reduces the amount of income subject to tax, a credit directly reduces the tax itself. 1040x efile Forty percent of the American opportunity credit may be refundable. 1040x efile This means that if the refundable portion of your credit is more than your tax, the excess will be refunded to you. 1040x efile   Your allowable American opportunity credit may be limited by the amount of your income. 1040x efile Also, the nonrefundable part of the credit may be limited by the amount of your tax. 1040x efile Overview of the American opportunity credit. 1040x efile   See Table 2-1, Overview of the American Opportunity Credit , for the basics of this credit. 1040x efile The details are discussed in this chapter. 1040x efile Can you claim more than one education credit this year. 1040x efile   For each student, you can elect for any year only one of the credits. 1040x efile For example, if you elect to take the American opportunity credit for a child on your 2013 tax return, you cannot use that same child's qualified education expenses to figure the lifetime learning credit for 2013. 1040x efile   If you pay qualified education expenses for more than one student in the same year, you can choose to take the American opportunity credit on a per-student, per-year basis. 1040x efile If you pay qualified education expenses for a student (or students) for whom you do not claim the American opportunity credit, you can use the adjusted qualified education expenses of that student (or those students) in figuring your lifetime learning credit. 1040x efile This means that, for example, you can claim the American opportunity credit for one student and the lifetime learning credit for another student in the same year. 1040x efile Differences between the American opportunity and lifetime learning credits. 1040x efile   There are several differences between these two credits. 1040x efile For example, you can claim the American opportunity credit based on the same student's expenses for no more than 4 tax years, which includes any tax years you claimed the Hope Scholarship Credit for that student. 1040x efile However, there is no limit on the number of years for which you can claim a lifetime learning credit based on the same student's expenses. 1040x efile The differences between these credits are shown in Appendix B, Highlights of Education Tax Benefits for Tax Year 2013 near the end of this publication. 1040x efile If you claim the American opportunity credit for any student, you can choose between using that student's adjusted qualified education expenses for the American opportunity credit or the lifetime learning credit. 1040x efile If you have the choice, the American opportunity credit will always be greater than the lifetime learning credit. 1040x efile Table 2-1. 1040x efile Overview of the American Opportunity Credit Maximum credit Up to $2,500 credit per eligible student Limit on modified adjusted gross income (MAGI) $180,000 if married filing jointly; $90,000 if single, head of household, or qualifying widow(er) Refundable or nonrefundable 40% of credit may be refundable; the rest is nonrefundable Number of years of postsecondary education Available ONLY if the student had not completed the first 4 years of postsecondary education before 2013 Number of tax years credit available Available ONLY for 4 tax years per eligible student (including any year(s) Hope Scholarship Credit was claimed) Type of program required Student must be pursuing a program leading to a degree or other recognized education credential Number of courses Student must be enrolled at least half time for at least one academic period that begins during the tax year Felony drug conviction As of the end of 2013, the student had not been convicted of a felony for possessing or distributing a controlled substance Qualified expenses Tuition, required enrollment fees, and course materials that the student needs for a course of study whether or not the materials are bought at the educational institution as a condition of enrollment or attendance Payments for academic periods Payments made in 2013 for academic periods beginning in 2013 or beginning in the first 3 months of 2014 Can You Claim the Credit The following rules will help you determine if you are eligible to claim the American opportunity credit on your tax return. 1040x efile Who Can Claim the Credit Generally, you can claim the American opportunity credit if all three of the following requirements are met. 1040x efile You pay qualified education expenses of higher education. 1040x efile You pay the education expenses for an eligible student. 1040x efile The eligible student is either yourself, your spouse, or a dependent for whom you claim an exemption on your tax return. 1040x efile Student qualifications. 1040x efile   Generally, you can take the American opportunity credit for a student only if all of the following four requirements are met. 1040x efile As of the beginning of 2013, the student had not completed the first four years of postsecondary education (generally, the freshman through senior years of college), as determined by the eligible educational institution. 1040x efile For this purpose, do not include academic credit awarded solely because of the student's performance on proficiency examinations. 1040x efile Neither the American opportunity credit nor the Hope Scholarship Credit has been claimed (by you or anyone else) for this student for any four tax years before 2013. 1040x efile If the American opportunity credit (and Hope Scholarship Credit) has been claimed for this student for any three or fewer tax years before 2013, this requirement is met. 1040x efile For at least one academic period beginning (or treated as beginning) in 2013, the student both: Was enrolled in a program that leads to a degree, certificate, or other recognized educational credential; and Carried at least one-half the normal full-time workload for his or her course of study. 1040x efile The standard for what is half of the normal full-time work load is determined by each eligible educational institution. 1040x efile However, the standard may not be lower than any of those established by the U. 1040x efile S. 1040x efile Department of Education under the Higher Education Act of 1965. 1040x efile For purposes of whether the student satisfies this third requirement for 2013, treat an academic period beginning in the first three months of 2014 as if it began in 2013 if qualified education expenses for the student were paid in 2013 for that academic period. 1040x efile See Prepaid expenses, later. 1040x efile As of the end of 2013, the student had not been convicted of a federal or state felony for possessing or distributing a controlled substance. 1040x efile Example 1. 1040x efile Sharon was eligible for the Hope Scholarship Credit for 2007 and 2008 and for the American opportunity credit for 2010 and 2012. 1040x efile Her parents claimed the Hope Scholarship Credit for Sharon on their tax returns for 2007 and 2008 and claimed the American opportunity credit for Sharon on their 2010 tax return. 1040x efile Sharon claimed the American opportunity credit on her 2012 tax return. 1040x efile The American opportunity credit and Hope Scholarship Credit have been claimed for Sharon for four tax years before 2013. 1040x efile Therefore, the American opportunity credit cannot be claimed by Sharon for 2013. 1040x efile If Sharon were to file Form 8863 for 2013, she would check “Yes” for Part III, line 23, and would be eligible to claim only the lifetime learning credit. 1040x efile Example 2. 1040x efile Wilbert was eligible for the American opportunity credit for 2009, 2010, 2011, and 2013. 1040x efile His parents claimed the American opportunity credit for Wilbert on their tax returns for 2009, 2010, and 2011. 1040x efile No one claimed an American opportunity credit or Hope Scholarship Credit for Wilbert for any other tax year. 1040x efile The American opportunity credit and Hope Scholarship Credit have been claimed for Wilbert for only three tax years before 2013. 1040x efile Therefore, Wilbert meets the second requirement to be eligible for the American opportunity credit. 1040x efile If Wilbert were to file Form 8863 for 2013, he would check “No” for Part III, line 23. 1040x efile If Wilbert meets all of the other requirements, he is eligible for the American opportunity credit. 1040x efile Example 3. 1040x efile Glenda enrolls on a full-time basis in a degree program for the 2014 Spring semester, which begins in January 2014. 1040x efile Glenda pays her tuition for the 2014 Spring semester in December 2013. 1040x efile Because the tuition Glenda paid in 2013 relates to an academic period that begins in the first 3 months of 2014, her eligibility to claim an American opportunity credit in 2013 is determined as if the 2014 Spring semester began in 2013. 1040x efile If the requirements above are not met for any student, you cannot take the American opportunity credit for that student. 1040x efile You may be able to take the lifetime learning credit for part or all of that student's qualified education expenses instead. 1040x efile Note. 1040x efile Qualified education expenses paid by a dependent for whom you claim an exemption, or by a third party for that dependent, are considered paid by you. 1040x efile “Qualified education expenses” are defined later under Qualified Education Expenses . 1040x efile “Eligible students” are defined later under Who Is an Eligible Student . 1040x efile A dependent for whom you claim an exemption is defined later under Who Can Claim a Dependent's Expenses . 1040x efile You may find Figure 2-1, Can You Claim the American Opportunity Credit for 2013 , later, helpful in determining if you can claim an American opportunity credit on your tax return. 1040x efile This image is too large to be displayed in the current screen. 1040x efile Please click the link to view the image. 1040x efile Figure 2-1 Can you claim the American opportunity credit for 2012? Who Cannot Claim the Credit You cannot claim the American opportunity credit for 2013 if any of the following apply. 1040x efile Your filing status is married filing separately. 1040x efile You are listed as a dependent on another person's tax return (such as your parents'). 1040x efile See Who Can Claim a Dependent's Expenses , later. 1040x efile Your modified adjusted gross income (MAGI) is $90,000 or more ($180,000 or more in the case of a joint return). 1040x efile MAGI is explained later under Effect of the Amount of Your Income on the Amount of Your Credit . 1040x efile You (or your spouse) were a nonresident alien for any part of 2013 and the nonresident alien did not elect to be treated as a resident alien for tax purposes. 1040x efile More information on nonresident aliens can be found in Publication 519, U. 1040x efile S. 1040x efile Tax Guide for Aliens. 1040x efile What Expenses Qualify The American opportunity credit is based on adjusted qualified education expenses you pay for yourself, your spouse, or a dependent for whom you claim an exemption on your tax return. 1040x efile Generally, the credit is allowed for adjusted qualified education expenses paid in 2013 for an academic period beginning in 2013 or beginning in the first three months of 2014. 1040x efile For example, if you paid $1,500 in December 2013 for qualified tuition for the spring 2014 semester beginning January 2014, you can use that $1,500 in figuring your 2013 credit. 1040x efile Academic period. 1040x efile   An academic period includes a semester, trimester, quarter, or other period of study (such as a summer school session) as reasonably determined by an educational institution. 1040x efile In the case of an educational institution that uses credit hours or clock hours and does not have academic terms, each payment period can be treated as an academic period. 1040x efile Paid with borrowed funds. 1040x efile   You can claim an American opportunity credit for qualified education expenses paid with the proceeds of a loan. 1040x efile Use the expenses to figure the American opportunity credit for the year in which the expenses are paid, not the year in which the loan is repaid. 1040x efile Treat loan payments sent directly to the educational institution as paid on the date the institution credits the student's account. 1040x efile Student withdraws from class(es). 1040x efile   You can claim an American opportunity credit for qualified education expenses not refunded when a student withdraws. 1040x efile Qualified Education Expenses For purposes of the American opportunity credit, qualified education expenses are tuition and certain related expenses required for enrollment or attendance at an eligible educational institution. 1040x efile Eligible educational institution. 1040x efile   An eligible educational institution is any college, university, vocational school, or other postsecondary educational institution eligible to participate in a student aid program administered by the U. 1040x efile S. 1040x efile Department of Education. 1040x efile It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. 1040x efile The educational institution should be able to tell you if it is an eligible educational institution. 1040x efile   Certain educational institutions located outside the United States also participate in the U. 1040x efile S. 1040x efile Department of Education's Federal Student Aid (FSA) programs. 1040x efile Related expenses. 1040x efile   Student-activity fees are included in qualified education expenses only if the fees must be paid to the institution as a condition of enrollment or attendance. 1040x efile   However, expenses for books, supplies, and equipment needed for a course of study are included in qualified education expenses whether or not the materials are purchased from the educational institution. 1040x efile Prepaid expenses. 1040x efile   Qualified education expenses paid in 2013 for an academic period that begins in the first three months of 2014 can be used in figuring an education credit for 2013 only. 1040x efile See Academic period, earlier. 1040x efile For example, if you pay $2,000 in December 2013, for qualified tuition for the 2014 winter quarter that begins in January 2014, you can use that $2,000 in figuring an education credit for 2013 only (if you meet all the other requirements). 1040x efile    You cannot use any amount you paid in 2012 or 2014 to figure the qualified education expenses you use to figure your 2013 education credit(s). 1040x efile   In the following examples, assume that each student is an eligible student at an eligible educational institution. 1040x efile Example 1. 1040x efile Jefferson is a sophomore in University V's degree program in dentistry. 1040x efile This year, in addition to tuition, he is required to pay a fee to the university for the rental of the dental equipment he will use in this program. 1040x efile Because the equipment rental is needed for his course of study, Jefferson's equipment rental fee is a qualified expense. 1040x efile Example 2. 1040x efile Grace and William, both first-year students at College W, are required to have certain books and other reading materials to use in their mandatory first-year classes. 1040x efile The college has no policy about how students should obtain these materials, but any student who purchases them from College W's bookstore will receive a bill directly from the college. 1040x efile William bought his books from a friend; Grace bought hers at College W's bookstore. 1040x efile Both are qualified education expenses for the American opportunity credit. 1040x efile Example 3. 1040x efile When Kelly enrolled at College X for her freshman year, she had to pay a separate student activity fee in addition to her tuition. 1040x efile This activity fee is required of all students, and is used solely to fund on-campus organizations and activities run by students, such as the student newspaper and the student government. 1040x efile No portion of the fee covers personal expenses. 1040x efile Although labeled as a student activity fee, the fee is required for Kelly's enrollment and attendance at College X and is a qualified expense. 1040x efile No Double Benefit Allowed You cannot do any of the following. 1040x efile Deduct higher education expenses on your income tax return (as, for example, a business expense) and also claim an American opportunity credit based on those same expenses. 1040x efile Claim an American opportunity credit in the same year that you are claiming a tuition and fees deduction for the same student. 1040x efile Claim an American opportunity credit for any student and use any of that student's expenses in figuring your lifetime learning credit. 1040x efile Figure the tax-free portion of a distribution from a Coverdell education savings account (ESA) or qualified tuition program (QTP) using the same expenses you used to figure the American opportunity credit. 1040x efile See Coordination With American Opportunity and Lifetime Learning Credits in chapter 7, Coverdell Education Savings Account, and Coordination With American Opportunity and Lifetime Learning Credits in chapter 8, Qualified Tuition Program. 1040x efile Claim a credit based on qualified education expenses paid with tax-free educational assistance, such as a scholarship, grant, or assistance provided by an employer. 1040x efile See Adjustments to Qualified Education Expenses, next. 1040x efile Adjustments to Qualified Education Expenses For each student, reduce the qualified education expenses paid by or on behalf of that student under the following rules. 1040x efile The result is the amount of adjusted qualified education expenses for each student. 1040x efile Tax-free educational assistance. 1040x efile   For tax-free educational assistance received in 2013, reduce the qualified educational expenses for each academic period by the amount of tax-free educational assistance allocable to that academic period. 1040x efile See Academic period, earlier. 1040x efile   Some tax-free educational assistance received after 2013 may be treated as a refund of qualified education expenses paid in 2013. 1040x efile This tax-free educational assistance is any tax-free educational assistance received by you or anyone else after 2013 for qualified education expenses paid on behalf of a student in 2013 (or attributable to enrollment at an eligible educational institution during 2013). 1040x efile   If this tax-free educational assistance is received after 2013 but before you file your 2013 income tax return, see Refunds received after 2013 but before your income tax return is filed, later. 1040x efile If this tax-free educational assistance is received after 2013 and after you file your 2013 income tax return, see Refunds received after 2013 and after your income tax return is filed, later. 1040x efile   Tax-free educational assistance includes: The tax-free parts of scholarships and fellowships (see Tax-Free Scholarships and Fellowships in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Pell grants (see Pell Grants and Other Title IV Need-Based Education Grants in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions). 1040x efile Employer-provided educational assistance (see chapter 11, Employer-Provided Educational Assistance ), Veterans' educational assistance (see Veterans' Benefits in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), and Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance. 1040x efile Generally, any scholarship or fellowship is treated as tax free. 1040x efile However, a scholarship or fellowship is not treated as tax free to the extent the student includes it in gross income (if the student is required to file a tax return for the year the scholarship or fellowship is received) and either of the following is true. 1040x efile The scholarship or fellowship (or any part of it) must be applied (by its terms) to expenses (such as room and board) other than qualified education expenses as defined in Qualified education expenses in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions. 1040x efile The scholarship or fellowship (or any part of it) may be applied (by its terms) to expenses (such as room and board) other than qualified education expenses as defined in Qualified education expenses in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions. 1040x efile You may be able to increase the combined value of an education credit and certain educational assistance if the student includes some or all of the educational assistance in income in the year it is received. 1040x efile For examples, see Coordination with Pell grants and other scholarships, later. 1040x efile Refunds. 1040x efile   A refund of qualified education expenses may reduce adjusted qualified education expenses for the tax year or require repayment (recapture) of a credit claimed in an earlier year. 1040x efile Some tax-free educational assistance received after 2013 may be treated as a refund. 1040x efile See Tax-free educational assistance, earlier. 1040x efile Refunds received in 2013. 1040x efile   For each student, figure the adjusted qualified education expenses for 2013 by adding all the qualified education expenses for 2013 and subtracting any refunds of those expenses received from the eligible educational institution during 2013. 1040x efile Refunds received after 2013 but before your income tax return is filed. 1040x efile   If anyone receives a refund after 2013 of qualified education expenses paid on behalf of a student in 2013 and the refund is paid before you file an income tax return for 2013, the amount of qualified education expenses for 2013 is reduced by the amount of the refund. 1040x efile Refunds received after 2013 and after your income tax return is filed. 1040x efile   If anyone receives a refund after 2013 of qualified education expenses paid on behalf of a student in 2013 and the refund is paid after you file an income tax return for 2013, you may need to repay some or all of the credit. 1040x efile See Credit recapture, next. 1040x efile Credit recapture. 1040x efile    If any tax-free educational assistance for the qualified education expenses paid in 2013, or any refund of your qualified education expenses paid in 2013, is received after you file your 2013 income tax return, you must recapture (repay) any excess credit. 1040x efile You do this by refiguring the amount of your adjusted qualified education expenses for 2013 by reducing the expenses by the amount of the refund or tax-free educational assistance. 1040x efile You then refigure your education credit(s) for 2013 and figure the amount by which your 2013 tax liability would have increased if you claimed the refigured credit(s). 1040x efile Include that amount as an additional tax for the year the refund or tax-free assistance was received. 1040x efile Example. 1040x efile   You paid $7,000 tuition and fees in August 2013, and your child began college in September 2013. 1040x efile You filed your 2013 tax return on February 17, 2014, and claimed an American opportunity credit of $2,500. 1040x efile After you filed your return, you received a refund of $4,000. 1040x efile You must refigure your 2013 American opportunity credit using $3,000 of qualified education expenses instead of $7,000. 1040x efile The refigured credit is $2,250. 1040x efile The increase to your tax liability is also $250. 1040x efile Include the difference of $250 as additional tax on your 2014 tax return. 1040x efile See the instructions for your 2014 income tax return to determine where to include this tax. 1040x efile If you pay qualified education expenses in 2014 for an academic period that begins in the first 3 months of 2014 and you receive tax-free educational assistance, or a refund, as described above, you may choose to reduce your qualified education expenses for 2014 instead of reducing your expenses for 2013. 1040x efile Amounts that do not reduce qualified education expenses. 1040x efile   Do not reduce qualified education expenses by amounts paid with funds the student receives as: Payment for services, such as wages, A loan, A gift, An inheritance, or A withdrawal from the student's personal savings. 1040x efile   Do not reduce the qualified education expenses by any scholarship or fellowship reported as income on the student's tax return in the following situations. 1040x efile The use of the money is restricted, by the terms of the scholarship or fellowship, to costs of attendance (such as room and board) other than qualified education expenses as defined in Qualified education expenses in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions. 1040x efile The use of the money is not restricted. 1040x efile Example 1. 1040x efile Joan paid $3,000 for tuition and $5,000 for room and board at University X. 1040x efile The university did not require her to pay any fees in addition to her tuition in order to enroll in or attend classes. 1040x efile To help pay these costs, she was awarded a $2,000 scholarship and a $4,000 student loan. 1040x efile The terms of the scholarship state that it can be used to pay any of Joan's college expenses. 1040x efile University X applies the $2,000 scholarship against Joan's $8,000 total bill, and Joan pays the $6,000 balance of her bill from University X with a combination of her student loan and her savings. 1040x efile Joan does not report any portion of the scholarship as income on her tax return. 1040x efile In figuring the amount of either education credit (American opportunity or lifetime learning), Joan must reduce her qualified education expenses by the amount of the scholarship ($2,000) because she excluded the entire scholarship from her income. 1040x efile The student loan is not tax-free educational assistance, so she does not need to reduce her qualified expenses by any part of the loan proceeds. 1040x efile Joan is treated as having paid $1,000 in qualified education expenses ($3,000 tuition – $2,000 scholarship). 1040x efile Example 2. 1040x efile The facts are the same as in Example 1, except that Joan reports her entire scholarship as income on her tax return. 1040x efile Because Joan reported the entire $2,000 scholarship in her income, she does not need to reduce her qualified education expenses. 1040x efile Joan is treated as having paid $3,000 in qualified education expenses. 1040x efile Coordination with Pell grants and other scholarships. 1040x efile   In some cases, you may be able to reduce your tax liability by including scholarships in income. 1040x efile If you are claiming an education credit for a claimed dependent who received a scholarship, you may be able to reduce your tax liability if the student includes the scholarship in income. 1040x efile The scholarship must be one that may (by its terms) be applied to expenses (such as room and board) other than qualified education expenses. 1040x efile Example 1—No scholarship. 1040x efile Bill Pass, age 28 and unmarried, enrolled full-time in 2013 as a first-year student at a local college to earn a degree in law enforcement. 1040x efile This was his first year of postsecondary education. 1040x efile During 2013, he paid $5,600 for his qualified education expenses and $4,400 for his room and board for the fall 2013 semester. 1040x efile He and the college meet all the requirements for the American opportunity credit. 1040x efile Bill's AGI and his MAGI, for purposes of figuring his credit, are $30,000. 1040x efile Bill takes the standard deduction of $5,950 and personal exemption of $3,800, reducing his AGI to taxable income of $20,250. 1040x efile His income tax liability, before credits, is $2,599 and Bill claims no credits other than the American opportunity credit. 1040x efile He figures his American opportunity credit based on qualified education expenses of $4,000, which results in a credit of $2,500 and tax after credits of $99. 1040x efile Example 2—Scholarship excluded from income. 1040x efile The facts are the same as in Example 1—No scholarship, except that Bill was awarded a $5,600 scholarship. 1040x efile Under the terms of his scholarship, it may be used to pay any educational expenses, including room and board. 1040x efile If Bill excludes the scholarship from income, he will be deemed (for purposes of computing his education credit) to have used the scholarship to pay for tuition, required fees, and course materials. 1040x efile His adjusted qualified education expenses will be zero and he will not have an education credit. 1040x efile Therefore, Bill's tax after credits would be $2,599. 1040x efile Example 3—Scholarship partially included in income. 1040x efile The facts are the same as in Example 2—Scholarship excluded from income. 1040x efile If, unlike Example 2, Bill includes $4,000 of the scholarship in income, he will be deemed to have used that amount to pay for room and board. 1040x efile The remaining $1,600 of the $5,600 scholarship will reduce his qualified education expenses and his adjusted qualified education expenses will be $4,000. 1040x efile Bill's AGI will increase to $34,000, his taxable income will increase to $24,250, and his tax before credits will increase to $3,199. 1040x efile Based on his adjusted qualified education expenses of $4,000, Bill would be able to claim an American opportunity tax credit of $2,500 and his tax after credits would be $699. 1040x efile Expenses That Do Not Qualify Qualified education expenses do not include amounts paid for: Insurance, Medical expenses (including student health fees), Room and board, Transportation, or Similar personal, living, or family expenses. 1040x efile This is true even if the amount must be paid to the institution as a condition of enrollment or attendance. 1040x efile Sports, games, hobbies, and noncredit courses. 1040x efile   Qualified education expenses generally do not include expenses that relate to any course of instruction or other education that involves sports, games or hobbies, or any noncredit course. 1040x efile However, if the course of instruction or other education is part of the student's degree program, these expenses can qualify. 1040x efile Comprehensive or bundled fees. 1040x efile   Some eligible educational institutions combine all of their fees for an academic period into one amount. 1040x efile If you do not receive or do not have access to an allocation showing how much you paid for qualified education expenses and how much you paid for personal expenses, such as those listed earlier, contact the institution. 1040x efile The institution is required to make this allocation and provide you with the amount you paid (or were billed) for qualified education expenses on Form 1098-T, Tuition Statement. 1040x efile See Figuring the Credit , later, for more information about Form 1098-T. 1040x efile Who Is an Eligible Student To claim the American opportunity credit, the student for whom you pay qualified education expenses must be an eligible student. 1040x efile This is a student who meets all of the following requirements. 1040x efile The student did not have expenses that were used to figure an American opportunity credit in any 4 earlier tax years. 1040x efile This includes any tax year(s) in which you claimed the Hope Scholarship Credit for the same student. 1040x efile The student had not completed the first 4 years of postsecondary education (generally, the freshman, sophomore, junior, and senior years of college) before 2013. 1040x efile For at least one academic period beginning in 2013, the student was enrolled at least half-time in a program leading to a degree, certificate, or other recognized educational credential. 1040x efile The student has not been convicted of any federal or state felony for possessing or distributing a controlled substance as of the end of 2013. 1040x efile These requirements are also shown in Figure 2-2, Who is an Eligible Student for the American Opportunity Credit , later. 1040x efile Completion of first 4 years. 1040x efile   A student has completed the first 4 years of postsecondary education if the institution at which the student is enrolled awards the student 4 years of academic credit at that institution for coursework completed by the student before 2013. 1040x efile This student generally would not be an eligible student for purposes of the American opportunity credit. 1040x efile Exception. 1040x efile   Any academic credit awarded solely on the basis of the student's performance on proficiency examinations is disregarded in determining whether the student has completed 4 years of postsecondary education. 1040x efile Enrolled at least half-time. 1040x efile   A student was enrolled at least half-time if the student was taking at least half the normal full-time work load for his or her course of study. 1040x efile   The standard for what is half of the normal full-time work load is determined by each eligible educational institution. 1040x efile However, the standard may not be lower than any of those established by the U. 1040x efile S. 1040x efile Department of Education under the Higher Education Act of 1965. 1040x efile Please click here for the text description of the image. 1040x efile Figure 2-2 Example 1. 1040x efile Mack graduated from high school in June 2012. 1040x efile In September, he enrolled in an undergraduate degree program at College U, and attended full-time for both the 2012 fall and 2013 spring semesters. 1040x efile For the 2013 fall semester, Mack was enrolled less than half-time. 1040x efile Because Mack was enrolled in an undergraduate degree program on at least a half-time basis for at least one academic period that began during 2012 and at least one academic period that began during 2013, he is an eligible student for tax years 2012 and 2013 (including the 2013 fall semester when he enrolled at College U on less than a half-time basis). 1040x efile Example 2. 1040x efile After taking classes at College V on a part-time basis for a few years, Shelly became a full-time student for the 2013 spring semester. 1040x efile College V classified Shelly as a second-semester senior (fourth year) for the 2013 spring semester and as a first-semester graduate student (fifth year) for the 2013 fall semester. 1040x efile Because College V did not classify Shelly as having completed the first 4 years of postsecondary education as of the beginning of 2013, Shelly is an eligible student for tax year 2013. 1040x efile Therefore, the qualified education expenses paid for the 2013 spring semester and the 2013 fall semester are taken into account in calculating the American opportunity credit for 2013. 1040x efile Example 3. 1040x efile During the 2012 fall semester, Larry was a high school student who took classes on a half-time basis at College X. 1040x efile Larry was not enrolled as part of a degree program at College X because College X only admits students to a degree program if they have a high school diploma or equivalent. 1040x efile Because Larry was not enrolled in a degree program at College X during 2012, Larry was not an eligible student for tax year 2012. 1040x efile Example 4. 1040x efile The facts are the same as in Example 3. 1040x efile During the 2013 spring semester, Larry again attended College X but not as part of a degree program. 1040x efile Larry graduated from high school in June 2013. 1040x efile For the 2013 fall semester, Larry enrolled as a full-time student in College X as part of a degree program, and College X awarded Larry credit for his prior coursework at College X. 1040x efile Because Larry was enrolled in a degree program at College X for the 2013 fall term on at least a half-time basis, Larry is an eligible student for all of tax year 2013. 1040x efile Therefore, the qualified education expenses paid for classes taken at College X during both the 2013 spring semester (during which Larry was not enrolled in a degree program) and the 2013 fall semester are taken into account in computing any American opportunity credit. 1040x efile Example 5. 1040x efile Dee graduated from high school in June 2012. 1040x efile In January 2013, Dee enrolled in a 1-year postsecondary certificate program on a full-time basis to obtain a certificate as a travel agent. 1040x efile Dee completed the program in December 2013, and was awarded a certificate. 1040x efile In January 2014, she enrolled in a 1-year postsecondary certificate program on a full-time basis to obtain a certificate as a computer programmer. 1040x efile Dee is an eligible student for both tax years 2013 and 2014 because she meets the degree requirement, the work load requirement, and the year of study requirement for those years. 1040x efile Who Can Claim a Dependent's Expenses If there are qualified education expenses for your dependent during a tax year, either you or your dependent, but not both of you, can claim an American opportunity credit for your dependent's expenses for that year. 1040x efile For you to claim an American opportunity credit for your dependent's expenses, you must also claim an exemption for your dependent. 1040x efile You do this by listing your dependent's name and other required information on Form 1040 (or Form 1040A), line 6c. 1040x efile IF you. 1040x efile . 1040x efile . 1040x efile THEN only. 1040x efile . 1040x efile . 1040x efile claim an exemption on  your tax return for a  dependent who is an  eligible student you can claim the American opportunity credit based on that dependent's expenses. 1040x efile The dependent cannot claim the credit. 1040x efile do not claim an exemption on your tax return for a dependent who is an eligible student (even if entitled to the exemption) the dependent can claim the American opportunity credit. 1040x efile You cannot claim the credit based on this dependent's expenses. 1040x efile Expenses paid by dependent. 1040x efile   If you claim an exemption on your tax return for an eligible student who is your dependent, treat any expenses paid (or deemed paid) by your dependent as if you had paid them. 1040x efile Include these expenses when figuring the amount of your American opportunity credit. 1040x efile    Qualified education expenses paid directly to an eligible educational institution for your dependent under a court-approved divorce decree are treated as paid by your dependent. 1040x efile Expenses paid by you. 1040x efile   If you claim an exemption for a dependent who is an eligible student, only you can include any expenses you paid when figuring the amount of the American opportunity credit. 1040x efile If neither you nor anyone else claims an exemption for the dependent, only the dependent can include any expenses you paid when figuring the American opportunity credit. 1040x efile Expenses paid by others. 1040x efile   Someone other than you, your spouse, or your dependent (such as a relative or former spouse) may make a payment directly to an eligible educational institution to pay for an eligible student's qualified education expenses. 1040x efile In this case, the student is treated as receiving the payment from the other person and, in turn, paying the institution. 1040x efile If you claim an exemption on your tax return for the student, you are considered to have paid the expenses. 1040x efile Example. 1040x efile In 2013, Ms. 1040x efile Allen makes a payment directly to an eligible educational institution for her grandson Todd's qualified education expenses. 1040x efile For purposes of claiming an American opportunity credit, Todd is treated as receiving the money from his grandmother and, in turn, paying his qualified education expenses himself. 1040x efile Unless an exemption for Todd is claimed on someone else's 2013 tax return, only Todd can use the payment to claim an American opportunity credit. 1040x efile If anyone, such as Todd's parents, claims an exemption for Todd on his or her 2013 tax return, whoever claims the exemption may be able to use the expenses to claim an American opportunity credit. 1040x efile If anyone else claims an exemption for Todd, Todd cannot claim an American opportunity credit. 1040x efile Tuition reduction. 1040x efile    When an eligible educational institution provides a reduction in tuition to an employee of the institution (or spouse or dependent child of an employee), the amount of the reduction may or may not be taxable. 1040x efile If it is taxable, the employee is treated as receiving a payment of that amount and, in turn, paying it to the educational institution on behalf of the student. 1040x efile For more information on tuition reductions, see Qualified Tuition Reduction in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions. 1040x efile Figuring the Credit The amount of the American opportunity credit (per eligible student) is the sum of: 100% of the first $2,000 of qualified education expenses you paid for the eligible student, and 25% of the next $2,000 of qualified education expenses you paid for that student. 1040x efile The maximum amount of American opportunity credit you can claim in 2013 is $2,500 multiplied by the number of eligible students. 1040x efile You can claim the full $2,500 for each eligible student for whom you paid at least $4,000 of adjusted qualified education expenses. 1040x efile However, the credit may be reduced based on your MAGI. 1040x efile See Effect of the Amount of Your Income on the Amount of Your Credit , later. 1040x efile Example. 1040x efile Jack and Kay Ford are married and file a joint tax return. 1040x efile For 2013, they claim an exemption for their dependent daughter on their tax return. 1040x efile Their MAGI is $70,000. 1040x efile Their daughter is in her junior (third) year of studies at the local university. 1040x efile Jack and Kay paid qualified education expenses of $4,300 in 2013. 1040x efile Jack and Kay, their daughter, and the local university meet all of the requirements for the American opportunity credit. 1040x efile Jack and Kay can claim a $2,500 American opportunity credit in 2013. 1040x efile This is 100% of the first $2,000 of qualified education expenses, plus 25% of the next $2,000. 1040x efile Form 1098-T. 1040x efile   To help you figure your American opportunity credit, the student should receive Form 1098-T, Tuition Statement. 1040x efile Generally, an eligible educational institution (such as a college or university) must send Form 1098-T (or acceptable substitute) to each enrolled student by January 31, 2014. 1040x efile An institution may choose to report either payments received (box 1), or amounts billed (box 2), for qualified education expenses. 1040x efile However, the amounts in boxes 1 and 2 of Form 1098-T might be different than what you paid. 1040x efile When figuring the credit, use only the amounts you paid or are deemed to have paid in 2013 for qualified education expenses. 1040x efile   In addition, Form 1098-T should give other information for that institution, such as adjustments made for prior years, the amount of scholarships or grants, reimbursements or refunds, and whether the student was enrolled at least half-time or was a graduate student. 1040x efile    The eligible educational institution may ask for a completed Form W-9S, Request for Student's or Borrower's Taxpayer Identification Number and Certification, or similar statement to obtain the student's name, address, and taxpayer identification number. 1040x efile Effect of the Amount of Your Income on the Amount of Your Credit The amount of your American opportunity credit is phased out (gradually reduced) if your MAGI is between $80,000 and $90,000 ($160,000 and $180,000 if you file a joint return). 1040x efile You cannot claim an American opportunity credit if your MAGI is $90,000 or more ($180,000 or more if you file a joint return). 1040x efile Modified adjusted gross income (MAGI). 1040x efile   For most taxpayers, MAGI is adjusted gross income (AGI) as figured on their federal income tax return. 1040x efile MAGI when using Form 1040A. 1040x efile   If you file Form 1040A, your MAGI is the AGI on line 22 of that form. 1040x efile MAGI when using Form 1040. 1040x efile   If you file Form 1040, your MAGI is the AGI on line 38 of that form, modified by adding back any: Foreign earned income exclusion, Foreign housing exclusion, Foreign housing deduction, Exclusion of income by bona fide residents of American Samoa, and Exclusion of income by bona fide residents of Puerto Rico. 1040x efile You can use Worksheet 2-1, next, to figure your MAGI. 1040x efile    Worksheet 2-1. 1040x efile MAGI for the American Opportunity Credit 1. 1040x efile Enter your adjusted gross income  (Form 1040, line 38)   1. 1040x efile   2. 1040x efile Enter your foreign earned income exclusion and/or housing exclusion (Form 2555, line 45, or Form 2555-EZ, line 18)   2. 1040x efile       3. 1040x efile Enter your foreign housing deduction (Form 2555, line 50)   3. 1040x efile       4. 1040x efile Enter the amount of income from Puerto Rico you are excluding   4. 1040x efile       5. 1040x efile Enter the amount of income from American Samoa you are excluding (Form 4563, line 15)   5. 1040x efile       6. 1040x efile Add the amounts on lines 2, 3, 4, and 5   6. 1040x efile   7. 1040x efile Add the amounts on lines 1 and 6. 1040x efile  This is your modified adjusted  gross income. 1040x efile Enter here and  on Form 8863, line 3   7. 1040x efile   Phaseout. 1040x efile   If your MAGI is within the range of incomes where the credit must be reduced, you will figure your reduced credit using lines 2-7, of Form 8863, Part I. 1040x efile The same method is shown in the following example. 1040x efile Example. 1040x efile You are filing a joint return and your MAGI is $165,000. 1040x efile In 2013, you paid $5,000 of qualified education expenses. 1040x efile You figure a tentative American opportunity credit of $2,500 (100% of the first $2,000 of qualified education expenses, plus 25% of the next $2,000 of qualified education expenses). 1040x efile Because your MAGI is within the range of incomes where the credit must be reduced, you must multiply your tentative credit ($2,500) by a fraction. 1040x efile The numerator of the fraction is $180,000 (the upper limit for those filing a joint return) minus your MAGI. 1040x efile The denominator is $20,000, the range of incomes for the phaseout ($160,000 to $180,000). 1040x efile The result is the amount of your phased out (reduced) American opportunity credit ($1,875). 1040x efile      $2,500 × $180,000 − $165,000  $20,000 = $1,875   Refundable Part of Credit Forty percent of the American opportunity credit is refundable for most taxpayers. 1040x efile However, if you were under age 24 at the end of 2013 and the conditions listed below apply to you, you cannot claim any part of the American opportunity credit as a refundable credit on your tax return. 1040x efile Instead, your allowed credit (figured on Form 8863, Part II) will be used to reduce your tax as a nonrefundable credit only. 1040x efile You do not qualify for a refund if items 1 (a, b, or c), 2, and 3 below apply to you. 1040x efile You were: Under age 18 at the end of 2013, or Age 18 at the end of 2013 and your earned income (defined below) was less than one-half of your support (defined below), or Over age 18 and under age 24 at the end of 2013 and a full-time student (defined below) and your earned income (defined below) was less than one-half of your support (defined below). 1040x efile At least one of your parents was alive at the end of 2013. 1040x efile You are filing a return as single, head of household, qualifying widow(er), or married filing separately for 2013. 1040x efile Earned income. 1040x efile   Earned income includes wages, salaries, professional fees, and other payments received for personal services actually performed. 1040x efile Earned income includes the part of any scholarship or fellowship that represents payment for teaching, research, or other services performed by the student that are required as a condition for receiving the scholarship or fellowship. 1040x efile Earned income does not include that part of the compensation for personal services rendered to a corporation which represents a distribution of earnings or profits rather than a reasonable allowance as compensation for the personal services actually rendered. 1040x efile   If you are a sole proprietor or a partner in a trade or business in which both personal services and capital are material income-producing factors, earned income also includes a reasonable allowance for compensation for personal services, but not more than 30% of your share of the net profits from that trade or business (after subtracting the deduction for one-half of self-employment tax). 1040x efile However, if capital is not an income-producing factor and your personal services produced the business income, the 30% limit does not apply. 1040x efile Support. 1040x efile   Your support includes food, shelter, clothing, medical and dental care, education, and the like. 1040x efile Generally, the amount of the item of support will be the amount of expenses incurred by the one furnishing such item. 1040x efile If the item of support is in the form of property or lodging, measure the amount of such item of support by its fair market value. 1040x efile However, a scholarship received by you is not considered support if you are a full-time student. 1040x efile See Publication 501 for details. 1040x efile Full-time student. 1040x efile   You are a full-time student for 2013 if during any part of any 5 calendar months during the year you were enrolled as a full-time student at an eligible educational institution (defined earlier), or took a full-time, on-farm training course given by such an institution or by a state, county, or local government agency. 1040x efile Claiming the Credit You claim the American opportunity credit by completing Form 8863 and submitting it with your Form 1040 or 1040A. 1040x efile Enter the nonrefundable part of the credit on Form 1040, line 49, or on Form 1040A, line 31. 1040x efile Enter the refundable part of the credit on Form 1040, line 66, or on Form 1040A, line 40. 1040x efile A filled-in Form 8863 is shown at the end of this publication. 1040x efile Note. 1040x efile In Appendix A. 1040x efile at the end of this publication, there is an example illustrating the use of Form 8863 when both the American opportunity credit and the lifetime learning credit are claimed on the same tax return. 1040x 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The 1040x Efile

1040x efile Publication 525 - Introductory Material Table of Contents Future Developments What's New Reminders IntroductionAssignment of income. 1040x efile Ordering forms and publications. 1040x efile Tax questions. 1040x efile Useful Items - You may want to see: Future Developments For the latest information about developments related to Publication 525, such as legislation enacted after it was published, go to www. 1040x efile irs. 1040x efile gov/pub525. 1040x efile What's New Health flexible spending arrangements (health FSAs) under cafeteria plans. 1040x efile  For plan years beginning after 2012, health FSAs are subject to a $2,500 limit on salary reduction contributions. 1040x efile For plan years beginning after 2013, the $2,500 limit is subject to an inflation adjustment. 1040x efile Itemized deduction for medical expenses. 1040x efile  Beginning in 2013, an itemized deduction is generally allowed for uncompensated medical expenses that exceed 10% of adjusted gross income (AGI). 1040x efile If an individual or an individual’s spouse was born before January 2, 1949, the deduction is allowed for expenses that exceed 7. 1040x efile 5% of AGI. 1040x efile Additional Medicare Tax. 1040x efile  Beginning in 2013, a 0. 1040x efile 9% Additional Medicare Tax applies to Medicare wages, railroad retirement (RRTA) compensation, and self-employment income that are more than: $125,000 if married filing separately, $250,000 if married filing jointly, or $200,000 if single, head of household, or qualifying widow(er). 1040x efile For more information, see Form 8959 and its instructions. 1040x efile Net Investment Income Tax (NIIT). 1040x efile  Beginning in 2013, the NIIT applies at a rate of 3. 1040x efile 8% to certain net investment income of individuals, estates and trusts that have income above the threshold amounts. 1040x efile Individuals will owe the tax if they have net investment income and also have modified adjusted gross income over the following thresholds for their filing status: Married filing jointly, $250,000; Married filing separately, $125,000; Single, $200,000; Head of household (with qualifying person), $200,000; Qualifying widow(er) with dependent child, $250,000. 1040x efile For more information, see Form 8960 and its instructions. 1040x efile Reminders Terrorist attacks. 1040x efile  You can exclude from income certain disaster assistance, disability, and death payments received as a result of a terrorist or military action. 1040x efile For more information, see Publication 3920, Tax Relief for Victims of Terrorist Attacks. 1040x efile Gulf oil spill. 1040x efile  You are required to include in your gross income payments you received for lost wages, lost business income, or lost profits. 1040x efile See Gulf oil spill under Other Income, later. 1040x efile Qualified settlement income. 1040x efile . 1040x efile  If you are a qualified taxpayer, you can contribute all or part of your qualified settlement income, up to $100,000, to an eligible retirement plan, including an IRA. 1040x efile Contributions to eligible retirement plans, other than a Roth IRA or a designated Roth contribution, reduce the qualified settlement income that you must include in income. 1040x efile See Exxon Valdez settlement income under Other Income, later. 1040x efile Foreign income. 1040x efile  If you are a U. 1040x efile S. 1040x efile citizen or resident alien, you must report income from sources outside the United States (foreign income) on your tax return unless it is exempt by U. 1040x efile S. 1040x efile law. 1040x efile This is true whether you reside inside or outside the United States and whether or not you receive a Form W-2, Wage and Tax Statement, or Form 1099 from the foreign payer. 1040x efile This applies to earned income (such as wages and tips) as well as unearned income (such as interest, dividends, capital gains, pensions, rents, and royalties). 1040x efile If you reside outside the United States, you may be able to exclude part or all of your foreign source earned income. 1040x efile For details, see Publication 54, Tax Guide for U. 1040x efile S. 1040x efile Citizens and Resident Aliens Abroad. 1040x efile Disaster mitigation payments. 1040x efile . 1040x efile  You can exclude from income grants you use to mitigate (reduce the severity of) potential damage from future natural disasters that are paid to you through state and local governments. 1040x efile For more information, see Disaster mitigation payments under Welfare and Other Public Assistance Benefits, later. 1040x efile Qualified joint venture. 1040x efile  A qualified joint venture conducted by you and your spouse may not be treated as a partnership if you file a joint return for the tax year. 1040x efile See Partnership Income under Business and Investment Income, later. 1040x efile Photographs of missing children. 1040x efile  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. 1040x efile Photographs of missing children selected by the Center may appear in this publication on pages that otherwise would be blank. 1040x efile You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. 1040x efile Introduction You can receive income in the form of money, property, or services. 1040x efile This publication discusses many kinds of income and explains whether they are taxable or nontaxable. 1040x efile It includes discussions on employee wages and fringe benefits, and income from bartering, partnerships, S corporations, and royalties. 1040x efile It also includes information on disability pensions, life insurance proceeds, and welfare and other public assistance benefits. 1040x efile Check the index for the location of a specific subject. 1040x efile In most cases, an amount included in your income is taxable unless it is specifically exempted by law. 1040x efile Income that is taxable must be reported on your return and is subject to tax. 1040x efile Income that is nontaxable may have to be shown on your tax return but is not taxable. 1040x efile Constructively received income. 1040x efile   You are generally taxed on income that is available to you, regardless of whether it is actually in your possession. 1040x efile    A valid check that you received or that was made available to you before the end of the tax year is considered income constructively received in that year, even if you do not cash the check or deposit it to your account until the next year. 1040x efile For example, if the postal service tries to deliver a check to you on the last day of the tax year but you are not at home to receive it, you must include the amount in your income for that tax year. 1040x efile If the check was mailed so that it could not possibly reach you until after the end of the tax year, and you otherwise could not get the funds before the end of the year, you include the amount in your income for the next tax year. 1040x efile Assignment of income. 1040x efile   Income received by an agent for you is income you constructively received in the year the agent received it. 1040x efile If you agree by contract that a third party is to receive income for you, you must include the amount in your income when the third party receives it. 1040x efile Example. 1040x efile You and your employer agree that part of your salary is to be paid directly to one of your creditors. 1040x efile You must include that amount in your income when your creditor receives it. 1040x efile Prepaid income. 1040x efile   In most cases, prepaid income, such as compensation for future services, is included in your income in the year you receive it. 1040x efile However, if you use an accrual method of accounting, you can defer prepaid income you receive for services to be performed before the end of the next tax year. 1040x efile In this case, you include the payment in your income as you earn it by performing the services. 1040x efile Comments and suggestions. 1040x efile   We welcome your comments about this publication and your suggestions for future editions. 1040x efile   You can write to us at the following address: Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. 1040x efile NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. 1040x efile Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. 1040x efile   You can send your comments from www. 1040x efile irs. 1040x efile gov/formspubs/. 1040x efile Click on “More Information” and then on “Comment on Tax Forms and Publications. 1040x efile ”   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. 1040x efile Ordering forms and publications. 1040x efile   Visit www. 1040x efile irs. 1040x efile gov/formspubs/ to download forms and publications, call 1-800-TAX-FORM (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. 1040x efile Internal Revenue Service 1201 N. 1040x efile Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. 1040x efile   If you have a tax question, check the information available on IRS. 1040x efile gov or call 1-800-829-1040. 1040x efile We cannot answer tax questions sent to either of the above addresses. 1040x efile Useful Items - You may want to see: Publication 334 Tax Guide for Small Business 523 Selling Your Home 527 Residential Rental Property 541 Partnerships 544 Sales and Other Dispositions of Assets 550 Investment Income and Expenses 559 Survivors, Executors, and Administrators 575 Pension and Annuity Income 915 Social Security and Equivalent Railroad Retirement Benefits 970 Tax Benefits for Education 4681 Canceled Debts, Foreclosures, Repossessions, and Abandonments Form (and Instructions) 1040 U. 1040x efile S. 1040x efile Individual Income Tax Return 1040A U. 1040x efile S. 1040x efile Individual Income Tax Return 1040EZ Income Tax Return for Single and Joint Filers With No Dependents 1040NR U. 1040x efile S. 1040x efile Nonresident Alien Income Tax Return 1099-R Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. 1040x efile W-2 Wage and Tax Statement  See How To Get Tax Help , near the end of this publication, for information about getting these publications. 1040x efile Prev  Up  Next   Home   More Online Publications