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2012 State Taxes Online Free

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2012 state taxes online free 2. 2012 state taxes online free   Simplified Employee Pensions (SEPs) Table of Contents Topics - This chapter discusses: Useful Items - You may want to see: Setting Up a SEPWhen not to use Form 5305-SEP. 2012 state taxes online free How Much Can I Contribute?Contribution Limits Deducting ContributionsDeduction Limit for Contributions for Participants Deduction Limit for Self-Employed Individuals Carryover of Excess SEP Contributions When To Deduct Contributions Where To Deduct Contributions Salary Reduction Simplified Employee Pensions (SARSEPs)SARSEP ADP test. 2012 state taxes online free Deferral percentage. 2012 state taxes online free Employee compensation. 2012 state taxes online free Compensation of self-employed individuals. 2012 state taxes online free Choice not to treat deferrals as compensation. 2012 state taxes online free Limit on Elective Deferrals Tax Treatment of Deferrals Distributions (Withdrawals) Additional TaxesEffects on employee. 2012 state taxes online free Reporting and Disclosure Requirements Topics - This chapter discusses: Setting up a SEP How much can I contribute Deducting contributions Salary reduction simplified employee pensions (SARSEPs) Distributions (withdrawals) Additional taxes Reporting and disclosure requirements Useful Items - You may want to see: Publication 590 Individual Retirement Arrangements (IRAs) 3998 Choosing A Retirement Solution for Your Small Business 4285 SEP Checklist 4286 SARSEP Checklist 4333 SEP Retirement Plans for Small Businesses 4336 SARSEP for Small Businesses 4407 SARSEP—Key Issues and Assistance Forms (and Instructions) W-2 Wage and Tax Statement 1040 U. 2012 state taxes online free S. 2012 state taxes online free Individual Income Tax Return 5305-SEP Simplified Employee Pension—Individual Retirement Accounts Contribution Agreement 5305A-SEP Salary Reduction Simplified Employee Pension—Individual Retirement Accounts Contribution Agreement 8880 Credit for Qualified Retirement Savings Contributions 8881 Credit for Small Employer Pension Plan Startup Costs A SEP is a written plan that allows you to make contributions toward your own retirement and your employees' retirement without getting involved in a more complex qualified plan. 2012 state taxes online free Under a SEP, you make contributions to a traditional individual retirement arrangement (called a SEP-IRA) set up by or for each eligible employee. 2012 state taxes online free A SEP-IRA is owned and controlled by the employee, and you make contributions to the financial institution where the SEP-IRA is maintained. 2012 state taxes online free SEP-IRAs are set up for, at a minimum, each eligible employee (defined below). 2012 state taxes online free A SEP-IRA may have to be set up for a leased employee (defined in chapter 1), but does not need to be set up for excludable employees (defined later). 2012 state taxes online free Eligible employee. 2012 state taxes online free   An eligible employee is an individual who meets all the following requirements. 2012 state taxes online free Has reached age 21. 2012 state taxes online free Has worked for you in at least 3 of the last 5 years. 2012 state taxes online free Has received at least $550 in compensation from you in 2013. 2012 state taxes online free This amount remains the same in 2014. 2012 state taxes online free    You can use less restrictive participation requirements than those listed, but not more restrictive ones. 2012 state taxes online free Excludable employees. 2012 state taxes online free   The following employees can be excluded from coverage under a SEP. 2012 state taxes online free Employees covered by a union agreement and whose retirement benefits were bargained for in good faith by the employees' union and you. 2012 state taxes online free Nonresident alien employees who have received no U. 2012 state taxes online free S. 2012 state taxes online free source wages, salaries, or other personal services compensation from you. 2012 state taxes online free For more information about nonresident aliens, see Publication 519, U. 2012 state taxes online free S. 2012 state taxes online free Tax Guide for Aliens. 2012 state taxes online free Setting Up a SEP There are three basic steps in setting up a SEP. 2012 state taxes online free You must execute a formal written agreement to provide benefits to all eligible employees. 2012 state taxes online free You must give each eligible employee certain information about the SEP. 2012 state taxes online free A SEP-IRA must be set up by or for each eligible employee. 2012 state taxes online free Many financial institutions will help you set up a SEP. 2012 state taxes online free Formal written agreement. 2012 state taxes online free   You must execute a formal written agreement to provide benefits to all eligible employees under a SEP. 2012 state taxes online free You can satisfy the written agreement requirement by adopting an IRS model SEP using Form 5305-SEP. 2012 state taxes online free However, see When not to use Form 5305-SEP, below. 2012 state taxes online free   If you adopt an IRS model SEP using Form 5305-SEP, no prior IRS approval or determination letter is required. 2012 state taxes online free Keep the original form. 2012 state taxes online free Do not file it with the IRS. 2012 state taxes online free Also, using Form 5305-SEP will usually relieve you from filing annual retirement plan information returns with the IRS and the Department of Labor. 2012 state taxes online free See the Form 5305-SEP instructions for details. 2012 state taxes online free If you choose not to use Form 5305-SEP, you should seek professional advice in adopting a SEP. 2012 state taxes online free When not to use Form 5305-SEP. 2012 state taxes online free   You cannot use Form 5305-SEP if any of the following apply. 2012 state taxes online free You currently maintain any other qualified retirement plan other than another SEP. 2012 state taxes online free You have any eligible employees for whom IRAs have not been set up. 2012 state taxes online free You use the services of leased employees, who are not your common-law employees (as described in chapter 1). 2012 state taxes online free You are a member of any of the following unless all eligible employees of all the members of these groups, trades, or businesses participate under the SEP. 2012 state taxes online free An affiliated service group described in section 414(m). 2012 state taxes online free A controlled group of corporations described in section 414(b). 2012 state taxes online free Trades or businesses under common control described in section 414(c). 2012 state taxes online free You do not pay the cost of the SEP contributions. 2012 state taxes online free Information you must give to employees. 2012 state taxes online free   You must give each eligible employee a copy of Form 5305-SEP, its instructions, and the other information listed in the Form 5305-SEP instructions. 2012 state taxes online free An IRS model SEP is not considered adopted until you give each employee this information. 2012 state taxes online free Setting up the employee's SEP-IRA. 2012 state taxes online free   A SEP-IRA must be set up by or for each eligible employee. 2012 state taxes online free SEP-IRAs can be set up with banks, insurance companies, or other qualified financial institutions. 2012 state taxes online free You send SEP contributions to the financial institution where the SEP-IRA is maintained. 2012 state taxes online free Deadline for setting up a SEP. 2012 state taxes online free   You can set up a SEP for any year as late as the due date (including extensions) of your income tax return for that year. 2012 state taxes online free Credit for startup costs. 2012 state taxes online free   You may be able to claim a tax credit for part of the ordinary and necessary costs of starting a SEP that first became effective in 2013. 2012 state taxes online free For more information, see Credit for startup costs under Reminders, earlier. 2012 state taxes online free How Much Can I Contribute? The SEP rules permit you to contribute a limited amount of money each year to each employee's SEP-IRA. 2012 state taxes online free If you are self-employed, you can contribute to your own SEP-IRA. 2012 state taxes online free Contributions must be in the form of money (cash, check, or money order). 2012 state taxes online free You cannot contribute property. 2012 state taxes online free However, participants may be able to transfer or roll over certain property from one retirement plan to another. 2012 state taxes online free See Publication 590 for more information about rollovers. 2012 state taxes online free You do not have to make contributions every year. 2012 state taxes online free But if you make contributions, they must be based on a written allocation formula and must not discriminate in favor of highly compensated employees (defined in chapter 1). 2012 state taxes online free When you contribute, you must contribute to the SEP-IRAs of all participants who actually performed personal services during the year for which the contributions are made, including employees who die or terminate employment before the contributions are made. 2012 state taxes online free Contributions are deductible within limits, as discussed later, and generally are not taxable to the plan participants. 2012 state taxes online free A SEP-IRA cannot be a Roth IRA. 2012 state taxes online free Employer contributions to a SEP-IRA will not affect the amount an individual can contribute to a Roth or traditional IRA. 2012 state taxes online free Unlike regular contributions to a traditional IRA, contributions under a SEP can be made to participants over age 70½. 2012 state taxes online free If you are self-employed, you can also make contributions under the SEP for yourself even if you are over 70½. 2012 state taxes online free Participants age 70½ or over must take required minimum distributions. 2012 state taxes online free Time limit for making contributions. 2012 state taxes online free   To deduct contributions for a year, you must make the contributions by the due date (including extensions) of your tax return for the year. 2012 state taxes online free Contribution Limits Contributions you make for 2013 to a common-law employee's SEP-IRA cannot exceed the lesser of 25% of the employee's compensation or $51,000. 2012 state taxes online free Compensation generally does not include your contributions to the SEP. 2012 state taxes online free The SEP plan document will specify how the employer contribution is determined and how it will be allocated to participants. 2012 state taxes online free Example. 2012 state taxes online free Your employee, Mary Plant, earned $21,000 for 2013. 2012 state taxes online free The maximum contribution you can make to her SEP-IRA is $5,250 (25% x $21,000). 2012 state taxes online free Contributions for yourself. 2012 state taxes online free   The annual limits on your contributions to a common-law employee's SEP-IRA also apply to contributions you make to your own SEP-IRA. 2012 state taxes online free However, special rules apply when figuring your maximum deductible contribution. 2012 state taxes online free See Deduction Limit for Self-Employed Individuals , later. 2012 state taxes online free Annual compensation limit. 2012 state taxes online free   You cannot consider the part of an employee's compensation over $255,000 when figuring your contribution limit for that employee. 2012 state taxes online free However, $51,000 is the maximum contribution for an eligible employee. 2012 state taxes online free These limits are $260,000 and $52,000, respectively, in 2014. 2012 state taxes online free Example. 2012 state taxes online free Your employee, Susan Green, earned $210,000 for 2013. 2012 state taxes online free Because of the maximum contribution limit for 2013, you can only contribute $51,000 to her SEP-IRA. 2012 state taxes online free More than one plan. 2012 state taxes online free   If you contribute to a defined contribution plan (defined in chapter 4), annual additions to an account are limited to the lesser of $51,000 or 100% of the participant's compensation. 2012 state taxes online free When you figure this limit, you must add your contributions to all defined contribution plans maintained by you. 2012 state taxes online free Because a SEP is considered a defined contribution plan for this limit, your contributions to a SEP must be added to your contributions to other defined contribution plans you maintain. 2012 state taxes online free Tax treatment of excess contributions. 2012 state taxes online free   Excess contributions are your contributions to an employee's SEP-IRA (or to your own SEP-IRA) for 2013 that exceed the lesser of the following amounts. 2012 state taxes online free 25% of the employee's compensation (or, for you, 20% of your net earnings from self-employment). 2012 state taxes online free $51,000. 2012 state taxes online free Excess contributions are included in the employee's income for the year and are treated as contributions by the employee to his or her SEP-IRA. 2012 state taxes online free For more information on employee tax treatment of excess contributions, see chapter 1 in Publication 590. 2012 state taxes online free Reporting on Form W-2. 2012 state taxes online free   Do not include SEP contributions on your employee's Form W-2 unless contributions were made under a salary reduction arrangement (discussed later). 2012 state taxes online free Deducting Contributions Generally, you can deduct the contributions you make each year to each employee's SEP-IRA. 2012 state taxes online free If you are self-employed, you can deduct the contributions you make each year to your own SEP-IRA. 2012 state taxes online free Deduction Limit for Contributions for Participants The most you can deduct for your contributions to you or your employee's SEP-IRA is the lesser of the following amounts. 2012 state taxes online free Your contributions (including any excess contributions carryover). 2012 state taxes online free 25% of the compensation (limited to $255,000 per participant) paid to the participants during 2013 from the business that has the plan, not to exceed $51,000 per participant. 2012 state taxes online free In 2014, the amounts in (2) above are $260,000 and $52,000, respectively. 2012 state taxes online free Deduction Limit for Self-Employed Individuals If you contribute to your own SEP-IRA, you must make a special computation to figure your maximum deduction for these contributions. 2012 state taxes online free When figuring the deduction for contributions made to your own SEP-IRA, compensation is your net earnings from self-employment (defined in chapter 1), which takes into account both the following deductions. 2012 state taxes online free The deduction for the deductible part of your self-employment tax. 2012 state taxes online free The deduction for contributions to your own SEP-IRA. 2012 state taxes online free The deduction for contributions to your own SEP-IRA and your net earnings depend on each other. 2012 state taxes online free For this reason, you determine the deduction for contributions to your own SEP-IRA indirectly by reducing the contribution rate called for in your plan. 2012 state taxes online free To do this, use the Rate Table for Self-Employed or the Rate Worksheet for Self-Employed, whichever is appropriate for your plan's contribution rate, in chapter 5. 2012 state taxes online free Then figure your maximum deduction by using the Deduction Worksheet for Self-Employed in chapter 5. 2012 state taxes online free Carryover of Excess SEP Contributions If you made SEP contributions that are more than the deduction limit (nondeductible contributions), you can carry over and deduct the difference in later years. 2012 state taxes online free However, the carryover, when combined with the contribution for the later year, is subject to the deduction limit for that year. 2012 state taxes online free If you also contributed to a defined benefit plan or defined contribution plan, see Carryover of Excess Contributions under Employer Deduction in chapter 4 for the carryover limit. 2012 state taxes online free Excise tax. 2012 state taxes online free   If you made nondeductible (excess) contributions to a SEP, you may be subject to a 10% excise tax. 2012 state taxes online free For information about the excise tax, see Excise Tax for Nondeductible (Excess) Contributions under Employer Deduction in chapter 4. 2012 state taxes online free When To Deduct Contributions When you can deduct contributions made for a year depends on the tax year on which the SEP is maintained. 2012 state taxes online free If the SEP is maintained on a calendar year basis, you deduct the yearly contributions on your tax return for the year within which the calendar year ends. 2012 state taxes online free If you file your tax return and maintain the SEP using a fiscal year or short tax year, you deduct contributions made for a year on your tax return for that year. 2012 state taxes online free Example. 2012 state taxes online free You are a fiscal year taxpayer whose tax year ends June 30. 2012 state taxes online free You maintain a SEP on a calendar year basis. 2012 state taxes online free You deduct SEP contributions made for calendar year 2013 on your tax return for your tax year ending June 30, 2014. 2012 state taxes online free Where To Deduct Contributions Deduct the contributions you make for your common-law employees on your tax return. 2012 state taxes online free For example, sole proprietors deduct them on Schedule C (Form 1040) or Schedule F (Form 1040), Profit or Loss From Farming; partnerships deduct them on Form 1065, U. 2012 state taxes online free S. 2012 state taxes online free Return of Partnership Income; and corporations deduct them on Form 1120, U. 2012 state taxes online free S. 2012 state taxes online free Corporation Income Tax Return, or Form 1120S, U. 2012 state taxes online free S. 2012 state taxes online free Income Tax Return for an S Corporation. 2012 state taxes online free Sole proprietors and partners deduct contributions for themselves on line 28 of Form 1040. 2012 state taxes online free (If you are a partner, contributions for yourself are shown on the Schedule K-1 (Form 1065), Partner's Share of Income, Deductions, Credits, etc. 2012 state taxes online free , you receive from the partnership. 2012 state taxes online free ) Remember that sole proprietors and partners can't deduct as a business expense contributions made to a SEP for themselves, only those made for their common-law employees. 2012 state taxes online free Salary Reduction Simplified Employee Pensions (SARSEPs) A SARSEP is a SEP set up before 1997 that includes a salary reduction arrangement. 2012 state taxes online free (See the Caution, next. 2012 state taxes online free ) Under a SARSEP, your employees can choose to have you contribute part of their pay to their SEP-IRAs rather than receive it in cash. 2012 state taxes online free This contribution is called an “elective deferral” because employees choose (elect) to set aside the money, and they defer the tax on the money until it is distributed to them. 2012 state taxes online free You are not allowed to set up a SARSEP after 1996. 2012 state taxes online free However, participants (including employees hired after 1996) in a SARSEP set up before 1997 can continue to have you contribute part of their pay to the plan. 2012 state taxes online free If you are interested in setting up a retirement plan that includes a salary reduction arrangement, see chapter 3. 2012 state taxes online free Who can have a SARSEP?   A SARSEP set up before 1997 is available to you and your eligible employees only if all the following requirements are met. 2012 state taxes online free At least 50% of your employees eligible to participate choose to make elective deferrals. 2012 state taxes online free You have 25 or fewer employees who were eligible to participate in the SEP at any time during the preceding year. 2012 state taxes online free The elective deferrals of your highly compensated employees meet the SARSEP ADP test. 2012 state taxes online free SARSEP ADP test. 2012 state taxes online free   Under the SARSEP ADP test, the amount deferred each year by each eligible highly compensated employee as a percentage of pay (the deferral percentage) cannot be more than 125% of the average deferral percentage (ADP) of all non-highly compensated employees eligible to participate. 2012 state taxes online free A highly compensated employee is defined in chapter 1. 2012 state taxes online free Deferral percentage. 2012 state taxes online free   The deferral percentage for an employee for a year is figured as follows. 2012 state taxes online free   The elective employer contributions (excluding certain catch-up contributions)  paid to the SEP for the employee for the year     The employee's compensation (limited to $255,000 in 2013)   The instructions for Form 5305A-SEP have a worksheet you can use to determine whether the elective deferrals of your highly compensated employees meet the SARSEP ADP test. 2012 state taxes online free Employee compensation. 2012 state taxes online free   For figuring the deferral percentage, compensation is generally the amount you pay to the employee for the year. 2012 state taxes online free Compensation includes the elective deferral and other amounts deferred in certain employee benefit plans. 2012 state taxes online free See Compensation in chapter 1. 2012 state taxes online free Elective deferrals under the SARSEP are included in figuring your employees' deferral percentage even though they are not included in the income of your employees for income tax purposes. 2012 state taxes online free Compensation of self-employed individuals. 2012 state taxes online free   If you are self-employed, compensation is your net earnings from self-employment as defined in chapter 1. 2012 state taxes online free   Compensation does not include tax-free items (or deductions related to them) other than foreign earned income and housing cost amounts. 2012 state taxes online free Choice not to treat deferrals as compensation. 2012 state taxes online free   You can choose not to treat elective deferrals (and other amounts deferred in certain employee benefit plans) for a year as compensation under your SARSEP. 2012 state taxes online free Limit on Elective Deferrals The most a participant can choose to defer for calendar year 2013 is the lesser of the following amounts. 2012 state taxes online free 25% of the participant's compensation (limited to $255,000 of the participant's compensation). 2012 state taxes online free $17,500. 2012 state taxes online free The $17,500 limit applies to the total elective deferrals the employee makes for the year to a SEP and any of the following. 2012 state taxes online free Cash or deferred arrangement (section 401(k) plan). 2012 state taxes online free Salary reduction arrangement under a tax-sheltered annuity plan (section 403(b) plan). 2012 state taxes online free SIMPLE IRA plan. 2012 state taxes online free In 2014, the $255,000 limit increases to $260,000 and the $17,500 limit remains at $17,500. 2012 state taxes online free Catch-up contributions. 2012 state taxes online free   A SARSEP can permit participants who are age 50 or over at the end of the calendar year to also make catch-up contributions. 2012 state taxes online free The catch-up contribution limit for 2013 is $5,500 and remains at $5,500 for 2014. 2012 state taxes online free Elective deferrals are not treated as catch-up contributions for 2013 until they exceed the elective deferral limit (the lesser of 25% of compensation or $17,500), the SARSEP ADP test limit discussed earlier, or the plan limit (if any). 2012 state taxes online free However, the catch-up contribution a participant can make for a year cannot exceed the lesser of the following amounts. 2012 state taxes online free The catch-up contribution limit. 2012 state taxes online free The excess of the participant's compensation over the elective deferrals that are not catch-up contributions. 2012 state taxes online free   Catch-up contributions are not subject to the elective deferral limit (the lesser of 25% of compensation or $17,500 in 2013 and in 2014). 2012 state taxes online free Overall limit on SEP contributions. 2012 state taxes online free   If you also make nonelective contributions to a SEP-IRA, the total of the nonelective and elective contributions to that SEP-IRA cannot exceed the lesser of 25% of the employee's compensation or $51,000 for 2013 ($52,000 for 2014). 2012 state taxes online free The same rule applies to contributions you make to your own SEP-IRA. 2012 state taxes online free See Contribution Limits , earlier. 2012 state taxes online free Figuring the elective deferral. 2012 state taxes online free   For figuring the 25% limit on elective deferrals, compensation does not include SEP contributions, including elective deferrals or other amounts deferred in certain employee benefit plans. 2012 state taxes online free Tax Treatment of Deferrals Elective deferrals that are not more than the limits discussed earlier under Limit on Elective Deferrals are excluded from your employees' wages subject to federal income tax in the year of deferral. 2012 state taxes online free However, these deferrals are included in wages for social security, Medicare, and federal unemployment (FUTA) tax. 2012 state taxes online free Excess deferrals. 2012 state taxes online free   For 2013, excess deferrals are the elective deferrals for the year that are more than the $17,500 limit discussed earlier. 2012 state taxes online free For a participant who is eligible to make catch-up contributions, excess deferrals are the elective deferrals that are more than $23,000. 2012 state taxes online free The treatment of excess deferrals made under a SARSEP is similar to the treatment of excess deferrals made under a qualified plan. 2012 state taxes online free See Treatment of Excess Deferrals under Elective Deferrals (401(k) Plans) in chapter 4. 2012 state taxes online free Excess SEP contributions. 2012 state taxes online free   Excess SEP contributions are elective deferrals of highly compensated employees that are more than the amount permitted under the SARSEP ADP test. 2012 state taxes online free You must notify your highly compensated employees within 2½ months after the end of the plan year of their excess SEP contributions. 2012 state taxes online free If you do not notify them within this time period, you must pay a 10% tax on the excess. 2012 state taxes online free For an explanation of the notification requirements, see Rev. 2012 state taxes online free Proc. 2012 state taxes online free 91-44, 1991-2 C. 2012 state taxes online free B. 2012 state taxes online free 733. 2012 state taxes online free If you adopted a SARSEP using Form 5305A-SEP, the notification requirements are explained in the instructions for that form. 2012 state taxes online free Reporting on Form W-2. 2012 state taxes online free   Do not include elective deferrals in the “Wages, tips, other compensation” box of Form W-2. 2012 state taxes online free You must, however, include them in the “Social security wages” and “Medicare wages and tips” boxes. 2012 state taxes online free You must also include them in box 12. 2012 state taxes online free Mark the “Retirement plan” checkbox in box 13. 2012 state taxes online free For more information, see the Form W-2 instructions. 2012 state taxes online free Distributions (Withdrawals) As an employer, you cannot prohibit distributions from a SEP-IRA. 2012 state taxes online free Also, you cannot make your contributions on the condition that any part of them must be kept in the account after you have made your contributions to the employee's accounts. 2012 state taxes online free Distributions are subject to IRA rules. 2012 state taxes online free Generally, you or your employee must begin to receive distributions from a SEP-IRA by April 1 of the first year after the calendar year in which you or your employee reaches age 70½. 2012 state taxes online free For more information about IRA rules, including the tax treatment of distributions, rollovers, required distributions, and income tax withholding, see Publication 590. 2012 state taxes online free Additional Taxes The tax advantages of using SEP-IRAs for retirement savings can be offset by additional taxes that may be imposed for all the following actions. 2012 state taxes online free Making excess contributions. 2012 state taxes online free Making early withdrawals. 2012 state taxes online free Not making required withdrawals. 2012 state taxes online free For information about these taxes, see chapter 1 in Publication 590. 2012 state taxes online free Also, a SEP-IRA may be disqualified, or an excise tax may apply, if the account is involved in a prohibited transaction, discussed next. 2012 state taxes online free Prohibited transaction. 2012 state taxes online free   If an employee improperly uses his or her SEP-IRA, such as by borrowing money from it, the employee has engaged in a prohibited transaction. 2012 state taxes online free In that case, the SEP-IRA will no longer qualify as an IRA. 2012 state taxes online free For a list of prohibited transactions, see Prohibited Transactions in chapter 4. 2012 state taxes online free Effects on employee. 2012 state taxes online free   If a SEP-IRA is disqualified because of a prohibited transaction, the assets in the account will be treated as having been distributed to the employee on the first day of the year in which the transaction occurred. 2012 state taxes online free The employee must include in income the fair market value of the assets (on the first day of the year) that is more than any cost basis in the account. 2012 state taxes online free Also, the employee may have to pay the additional tax for making early withdrawals. 2012 state taxes online free Reporting and Disclosure Requirements If you set up a SEP using Form 5305-SEP, you must give your eligible employees certain information about the SEP when you set it up. 2012 state taxes online free See Setting Up a SEP , earlier. 2012 state taxes online free Also, you must give your eligible employees a statement each year showing any contributions to their SEP-IRAs. 2012 state taxes online free You must also give them notice of any excess contributions. 2012 state taxes online free For details about other information you must give them, see the instructions for Form 5305-SEP or Form 5305A-SEP (for a salary reduction SEP). 2012 state taxes online free Even if you did not use Form 5305-SEP or Form 5305A-SEP to set up your SEP, you must give your employees information similar to that described above. 2012 state taxes online free For more information, see the instructions for either Form 5305-SEP or Form 5305A-SEP. 2012 state taxes online free Prev  Up  Next   Home   More Online Publications
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Understanding Your CP211C Notice

We denied your request to extend the time to file your Exempt Organization Return because your Form 8868, Application for Extension of Time To File an Exempt Organization Return, wasn't received on time. A request for an extension of the time to file your Exempt Organization Return must be received on or before the due date of your return.


What you need to do

  • File your required Exempt Organization Return immediately to limit any late filing penalties. If your Exempt Organization Return is filed after the due date of the return (including any extensions), the return is considered late and subject to late filing penalties.
  • We encourage you to use electronic filing – the fastest and easiest way to file.

You may want to

  • Visit www.irs.gov/Charities-&-Non-Profits to learn about approved e-File providers, what types of returns can be filed electronically, and whether you are required to file electronically.

Answers to Common Questions

Q. Where can I go for more information about tax-exempt organizations?

A. For more information on Employee Benefit Plans, see Tax Information for Charities & Other Non-Profits.

Q. Can I get help over the phone?

A. If you have questions and/or need help, you can call 1-877-829-5500. Personal assistance is available Monday through Friday, 7:00 a.m. to 7:00 p.m. CT.


Tips for next year

Be sure to mail your Form 8868 on or before the due date of your return.

Page Last Reviewed or Updated: 24-Jan-2014

Printable samples of this notice (PDF)

 

 

How to get help

  • Call the 1-800 number listed on the top right corner of your notice.
  • Authorize someone (e.g., accountant) to contact the IRS on your behalf using Form 2848.
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The 2012 State Taxes Online Free

2012 state taxes online free Index A Adoption Taxpayer identification number, Adoption taxpayer identification number (ATIN). 2012 state taxes online free Aliens, Individual taxpayer identification number (ITIN) for aliens. 2012 state taxes online free Alternative minimum tax (AMT), Limit on credit. 2012 state taxes online free Amount of credit, Amount of Credit, Payments for prior year's expenses. 2012 state taxes online free Limit on, Limit on credit. 2012 state taxes online free Assistance (see Tax help) C Calculation of credit, How To Figure the Credit, Payments for prior year's expenses. 2012 state taxes online free Camp, overnight, Camp. 2012 state taxes online free Care Dependent care benefits, Dependent care benefits. 2012 state taxes online free , Dependent care benefits. 2012 state taxes online free Employer-provided benefits, Dependent Care Benefits Outside home, Care outside your home. 2012 state taxes online free Provider identification, Provider Identification Test Qualifying person, Care of a Qualifying Person Children Divorced or separated parents, Child of divorced or separated parents or parents living apart. 2012 state taxes online free Physically or mentally disabled, Qualifying Person Test Under age 13, Qualifying Person Test Work-related expense payments to relatives, Payments to Relatives or Dependents Church employee, Clergy or church employee. 2012 state taxes online free Claiming of credit, How To Claim the Credit Tests to claim credit, Tests To Claim the Credit Clergy, Clergy or church employee. 2012 state taxes online free Community property, Community property laws. 2012 state taxes online free D Death of spouse, Death of spouse. 2012 state taxes online free Dependent care benefits, Dependent care benefits. 2012 state taxes online free , Dependent Care Benefits Dependent care centers, Dependent care center. 2012 state taxes online free Dependent defined, Dependent defined. 2012 state taxes online free Dependents (see Qualifying person test) Deposits, Fees and deposits. 2012 state taxes online free Disabilities, persons with Dependents, Qualifying Person Test Physically or mentally not able to care for self, Physically or mentally not able to care for oneself. 2012 state taxes online free Spouse, Qualifying Person Test, Rule for student-spouse or spouse not able to care for self. 2012 state taxes online free , Working or Looking for Work, You or your spouse is a student or not able to care for self. 2012 state taxes online free Divorced parents, Child of divorced or separated parents or parents living apart. 2012 state taxes online free Dollar limit, Dollar Limit, Yearly limit. 2012 state taxes online free Reduced dollar limit, Tests To Claim the Credit, Reduced Dollar Limit Domestic help, Housekeeper. 2012 state taxes online free Due diligence, Due diligence. 2012 state taxes online free E Earned income Dependent care benefits, Exclusion or deduction. 2012 state taxes online free For figuring credit, Earned Income Test Limit on, Earned Income Limit Net loss, Net loss. 2012 state taxes online free Nonworking spouse, Rule for student-spouse or spouse not able to care for self. 2012 state taxes online free Self-employment earnings, Self-employment earnings. 2012 state taxes online free Statutory employees, Statutory employee. 2012 state taxes online free What is not, What is not earned income? Earned income test, Earned Income Test, Full-time student. 2012 state taxes online free Determination, Tests To Claim the Credit Education expenses, Education. 2012 state taxes online free Employer-provided dependent care benefits, Dependent care benefits. 2012 state taxes online free , Dependent Care Benefits Employment taxes, Reminders, Taxes paid on wages. 2012 state taxes online free , How To Claim the Credit Exclusion from income Employer-provided dependent care benefits, Dependent care benefits. 2012 state taxes online free , Exclusion or deduction. 2012 state taxes online free Expenses, How To Figure the Credit (see also Work-related expenses) 2012 expenses paid in 2013 (Worksheet A), Worksheet A. 2012 state taxes online free Worksheet for 2012 Expenses Paid in 2013 Education, Education. 2012 state taxes online free Medical, Medical expenses. 2012 state taxes online free Not for care, Expenses not for care. 2012 state taxes online free Prepaid, Expenses prepaid in an earlier year. 2012 state taxes online free Reimbursed, Expenses reimbursed. 2012 state taxes online free F Fees, Fees and deposits. 2012 state taxes online free Figures, Tests To Claim the Credit Figuring credit, How To Figure the Credit, Payments for prior year's expenses. 2012 state taxes online free Earned income, Earned income. 2012 state taxes online free Filing status Joint return test, Joint Return Test Tests to claim credit, Tests To Claim the Credit Form 1040 Claiming the credit, Tests To Claim the Credit, Form 1040, Form 1040A, or Form 1040NR. 2012 state taxes online free Form 1040A Claiming the credit, Tests To Claim the Credit Form 2441, Form 1040, Form 1040A, or Form 1040NR. 2012 state taxes online free Form 4029, Members of certain religious faiths opposed to social security. 2012 state taxes online free , Form 4029. 2012 state taxes online free Form 4361, Members of certain religious faiths opposed to social security. 2012 state taxes online free , Form 4361. 2012 state taxes online free Form W-10, Getting the information. 2012 state taxes online free Form W-2 Dependent care benefits, Statement for employee. 2012 state taxes online free Form W-7, Individual taxpayer identification number (ITIN) for aliens. 2012 state taxes online free Free tax services, Free help with your tax return. 2012 state taxes online free H Help (see Tax help) Household services, Care of a Qualifying Person, Household Services, Meals and lodging provided for housekeeper. 2012 state taxes online free Employment taxes, How To Claim the Credit Housekeepers, Housekeeper. 2012 state taxes online free I Identification of provider, Provider Identification Test, Provider refusal. 2012 state taxes online free Individual taxpayer identification numbers (ITINs) For aliens, Individual taxpayer identification number (ITIN) for aliens. 2012 state taxes online free Inmate, What is not earned income? J Joint return test, Joint Return Test, Costs of keeping up a home. 2012 state taxes online free Tests to claim credit, Tests To Claim the Credit L Limits Amount of credit, Limit on credit. 2012 state taxes online free Dollar, Dollar Limit Earned income, Earned Income Limit Reduced dollar, Tests To Claim the Credit, Reduced Dollar Limit Looking for work, Working or Looking for Work Losses, Net loss. 2012 state taxes online free M Married and living apart, Married and living apart. 2012 state taxes online free Meals and lodging for housekeeper, Meals and lodging provided for housekeeper. 2012 state taxes online free Medical expenses, Medical expenses. 2012 state taxes online free Minister, Clergy or church employee. 2012 state taxes online free Missing children, photographs of, Reminders N Nonrefundability of credit, Tax credit not refundable. 2012 state taxes online free Not able to care for self Qualifying person test, Physically or mentally not able to care for oneself. 2012 state taxes online free Spouse, Qualifying Person Test, Rule for student-spouse or spouse not able to care for self. 2012 state taxes online free , Working or Looking for Work, You or your spouse is a student or not able to care for self. 2012 state taxes online free O Outside of home care, Care outside your home. 2012 state taxes online free P Part of year Persons qualifying for, Person qualifying for part of year. 2012 state taxes online free Work or looking for work, Work for part of year. 2012 state taxes online free Part-time work, Part-time work. 2012 state taxes online free Prepaid expenses, Expenses prepaid in an earlier year. 2012 state taxes online free Prisoner, What is not earned income? Provider identification test, Tests To Claim the Credit, Provider Identification Test, Provider refusal. 2012 state taxes online free Publications (see Tax help) Q Qualifying child, Qualifying child. 2012 state taxes online free Qualifying person Care for, Care of a Qualifying Person Expenses not for care, Expenses not for care. 2012 state taxes online free Qualifying person test, Qualifying Person Test, Child of divorced or separated parents or parents living apart. 2012 state taxes online free Tests to claim credit, Tests To Claim the Credit R Recordkeeping requirements, How To Claim the Credit Reduced dollar limit, Reduced Dollar Limit Tests to claim credit, Tests To Claim the Credit Refusal by provider to give information, Provider refusal. 2012 state taxes online free Reimbursed expenses, Expenses reimbursed. 2012 state taxes online free Relatives, payments to, Tests To Claim the Credit, Payments to Relatives or Dependents Religious faiths opposed to social security programs, Members of certain religious faiths opposed to social security. 2012 state taxes online free S School expenses, Education. 2012 state taxes online free Self-employed persons, Self-employment earnings. 2012 state taxes online free Separated parents, Child of divorced or separated parents or parents living apart. 2012 state taxes online free , Legally separated. 2012 state taxes online free Separated spouse, Separated spouse. 2012 state taxes online free Sick days, Temporary absence from work. 2012 state taxes online free Social Security, Employment Taxes for Household Employers (see also Employment taxes) Religious faiths opposed to, Members of certain religious faiths opposed to social security. 2012 state taxes online free Social security numbers, Information needed. 2012 state taxes online free Spouse Both spouses qualifying, Both spouses qualify. 2012 state taxes online free Death of, Death of spouse. 2012 state taxes online free Nonworking, earned income, Rule for student-spouse or spouse not able to care for self. 2012 state taxes online free Not able to care for self, Qualifying Person Test, Rule for student-spouse or spouse not able to care for self. 2012 state taxes online free , Working or Looking for Work, You or your spouse is a student or not able to care for self. 2012 state taxes online free Qualifying person, Qualifying Person Test Separated, Separated spouse. 2012 state taxes online free Student, Rule for student-spouse or spouse not able to care for self. 2012 state taxes online free , You or your spouse is a student or not able to care for self. 2012 state taxes online free Surviving, Surviving spouse. 2012 state taxes online free Working, Spouse works. 2012 state taxes online free Students Full-time, Full-time student. 2012 state taxes online free Spouse, Rule for student-spouse or spouse not able to care for self. 2012 state taxes online free , You or your spouse is a student or not able to care for self. 2012 state taxes online free T Tax help, How To Get Tax Help Taxes on wages (see Employment taxes) Taxpayer identification number (TINs), Reminders, Taxpayer identification number. 2012 state taxes online free Adoption, Adoption taxpayer identification number (ATIN). 2012 state taxes online free Aliens, Individual taxpayer identification number (ITIN) for aliens. 2012 state taxes online free Providers, Information needed. 2012 state taxes online free Temporary absence, Temporary absence from work. 2012 state taxes online free Tests to claim credit, Tests To Claim the Credit, Exclusion or deduction. 2012 state taxes online free Determination, Tests To Claim the Credit Earned income, Earned Income Test Qualifying persons, Qualifying Person Test Work-related expenses, Work-Related Expense Test Transportation, Transportation. 2012 state taxes online free TTY/TDD information, How To Get Tax Help U Unearned income, What is not earned income? V Vacation, Temporary absence from work. 2012 state taxes online free Volunteer work, Volunteer work. 2012 state taxes online free W Wages, taxes on (see Employment taxes) Withholding Federal income tax, Employment Taxes for Household Employers Work-related expense test, Work-Related Expense Test, Payments to Relatives or Dependents Partly work-related expenses, Expenses partly work-related. 2012 state taxes online free Tests to claim credit, Tests To Claim the Credit Work-related expenses Earned income limit, Earned Income Limit Figuring of credit, Figuring Total Work-Related Expenses Medical, Medical expenses. 2012 state taxes online free Paid following year, Expenses not paid until the following year. 2012 state taxes online free , Payments for prior year's expenses. 2012 state taxes online free , Worksheet A. 2012 state taxes online free Worksheet for 2012 Expenses Paid in 2013 Partly work-related expenses, Expenses partly work-related. 2012 state taxes online free Prepaid, Expenses prepaid in an earlier year. 2012 state taxes online free Recordkeeping, How To Claim the Credit Reimbursed, Expenses reimbursed. 2012 state taxes online free Worksheets 2012 expenses paid in 2013 (Worksheet A), Worksheet A. 2012 state taxes online free Worksheet for 2012 Expenses Paid in 2013 Prev  Up     Home   More Online Publications