File your Taxes for Free!
  • Get your maximum refund*
  • 100% accurate calculations guaranteed*

TurboTax Federal Free Edition - File Taxes Online

Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!

Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.


© 2012 - 2018 All rights reserved.

This is an Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among other are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
When discussing "Free e-file", note that state e-file is an additional fee. E-file fees do not apply to New York state returns. Prices are subject to change without notice. E-file and get your refund faster
*If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
*Maximum Refund Guarantee - or Your Money Back: If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.99 and a refund of your state purchase price paid. Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/15/14. E-file, Audit Defense, Professional Review, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee. *We're so confident your return will be done right, we guarantee it. Accurate calculations guaranteed. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
https://turbotax.intuit.com/corp/guarantees.jsp

Efile 2012 Taxes

Irs Form 1040x 2010Printable Tax Forms 2011Irs Form 1040vFile Taxes FreeShould College Students File TaxesIrs 2010 Form 1040Federal Ez Tax Form 2011Federal Income Tax FormTurbo Tax 2008Amend Tax Return Online1040vFree State Tax FormE-file State Tax OnlyDo My Taxes Free OnlineWhere To File 2012 Form 1040ExtentionAmended ReturnFree State Tax ReturnsState Tax Return 2012Need File 2007 TaxesFiling Income Tax ReturnSelf Employment Tax Filing1040Ez Tax Form 20132011 Tax Tables FederalIncome Tax PreparationH&r Block At Home FreeAmmend TaxesFree Filing State TaxesIrs Amended Tax FormsInternal Revenue Service Form 1040ezOnline 1040ez Form1040 AmendmentFiling State Income Tax For Free1040ezHow To File Your State Taxes Online For FreeVita Free Tax PreparationIrs Income Tax Forms 20112012 Tax Forms Irs2012 Tax Return Filing

Efile 2012 Taxes

Efile 2012 taxes 1. Efile 2012 taxes   Filing Information Table of Contents What's New Reminders Introduction Do I Have To File a Return?Individuals—In General Dependents Certain Children Under Age 19 or Full-Time Students Self-Employed Persons Aliens Who Should File Which Form Should I Use?Form 1040EZ Form 1040A Form 1040 Does My Return Have To Be on Paper?IRS e-file When Do I Have To File?Private delivery services. Efile 2012 taxes Extensions of Time To File How Do I Prepare My Return?When Do I Report My Income and Expenses? Social Security Number (SSN) Presidential Election Campaign Fund Computations Attachments Third Party Designee Signatures Paid Preparer Refunds Amount You Owe Gift To Reduce Debt Held by the Public Name and Address Where Do I File? What Happens After I File?What Records Should I Keep? Why Keep Records? Kinds of Records to Keep Basic Records How Long to Keep Records Refund Information Interest on Refunds Change of Address What If I Made a Mistake?Amended Returns and Claims for Refund Penalties Identity Theft What's New Filing status for same-sex married couple. Efile 2012 taxes   If you have a same-sex spouse whom you legally married in a state (or foreign country) that recognizes same-sex marriage, you and your spouse generally must use the married filing jointly or married filing separately filing status on your 2013 return, even if you and your spouse now live in a state (or foreign country) that does not recognize same-sex marriage. Efile 2012 taxes See Publication 501 for more information. Efile 2012 taxes Additional Medicare Tax. Efile 2012 taxes  Beginning in 2013, a 0. Efile 2012 taxes 9% Additional Medicare Tax applies to Medicare wages, Railroad Retirement Tax Act (RRTA) compensation, and self-employment income over a threshold amount based on your filing status. Efile 2012 taxes For more information, see the Instructions for Form 1040, line 60, and Form 8959. Efile 2012 taxes Net Investment Income Tax. Efile 2012 taxes  Beginning in 2013, you may be subject to Net Investment Income Tax (NIIT). Efile 2012 taxes NIIT is a 3. Efile 2012 taxes 8% tax on the lesser of net investment income or the excess of your modified adjusted gross income over a threshold amount. Efile 2012 taxes For more information, see the Instructions for Form 1040, line 60, and Form 8960. Efile 2012 taxes Refundable credit for prior year minimum tax. Efile 2012 taxes  The refundable portion of the credit for prior year minimum tax is no longer available. Efile 2012 taxes Who must file. Efile 2012 taxes  Generally, the amount of income you can receive before you must file a return has been increased. Efile 2012 taxes See Table 1-1, Table 1-2, and Table 1-3 for the specific amounts. Efile 2012 taxes Reminders File online. Efile 2012 taxes  Rather than filing a return on paper, you may be able to file electronically using IRS e-file. Efile 2012 taxes Create your own personal identification number (PIN) and file a completely paperless tax return. Efile 2012 taxes For more information, see Does My Return Have To Be on Paper , later. Efile 2012 taxes Change of address. Efile 2012 taxes  If you change your address, you should notify the IRS. Efile 2012 taxes You can use Form 8822 to notify the IRS of the change. Efile 2012 taxes See Change of Address , later, under What Happens After I File. Efile 2012 taxes Enter your social security number. Efile 2012 taxes  You must enter your social security number (SSN) in the spaces provided on your tax return. Efile 2012 taxes If you file a joint return, enter the SSNs in the same order as the names. Efile 2012 taxes Direct deposit of refund. Efile 2012 taxes  Instead of getting a paper check, you may be able to have your refund deposited directly into your account at a bank or other financial institution. Efile 2012 taxes See Direct Deposit under Refunds, later. Efile 2012 taxes If you choose direct deposit of your refund, you may be able to split the refund among two or three accounts. Efile 2012 taxes Pay online or by phone. Efile 2012 taxes  If you owe additional tax, you may be able to pay online or by phone. Efile 2012 taxes See How To Pay , later. Efile 2012 taxes Installment agreement. Efile 2012 taxes  If you cannot pay the full amount due with your return, you may ask to make monthly installment payments. Efile 2012 taxes See Installment Agreement , later, under Amount You Owe. Efile 2012 taxes You may be able to apply online for a payment agreement if you owe federal tax, interest, and penalties. Efile 2012 taxes Automatic 6-month extension. Efile 2012 taxes  You can get an automatic 6-month extension to file your tax return if, no later than the date your return is due, you file Form 4868, Application for Automatic Extension of Time To File U. Efile 2012 taxes S. Efile 2012 taxes Individual Income Tax Return. Efile 2012 taxes See Automatic Extension , later. Efile 2012 taxes Service in combat zone. Efile 2012 taxes  You are allowed extra time to take care of your tax matters if you are a member of the Armed Forces who served in a combat zone, or if you served in the combat zone in support of the Armed Forces. Efile 2012 taxes See Individuals Serving in Combat Zone , later, under When Do I Have To File. Efile 2012 taxes Adoption taxpayer identification number. Efile 2012 taxes  If a child has been placed in your home for purposes of legal adoption and you will not be able to get a social security number for the child in time to file your return, you may be able to get an adoption taxpayer identification number (ATIN). Efile 2012 taxes For more information, see Social Security Number (SSN) , later. Efile 2012 taxes Taxpayer identification number for aliens. Efile 2012 taxes  If you or your dependent is a nonresident or resident alien who does not have and is not eligible to get a social security number, file Form W-7, Application for IRS Individual Taxpayer Identification Number, with the IRS. Efile 2012 taxes For more information, see Social Security Number (SSN) , later. Efile 2012 taxes Frivolous tax submissions. Efile 2012 taxes  The IRS has published a list of positions that are identified as frivolous. Efile 2012 taxes The penalty for filing a frivolous tax return is $5,000. Efile 2012 taxes Also, the $5,000 penalty will apply to other specified frivolous submissions. Efile 2012 taxes For more information, see Civil Penalties , later. Efile 2012 taxes Introduction This chapter discusses the following topics. Efile 2012 taxes Whether you have to file a return. Efile 2012 taxes Which form to use. Efile 2012 taxes How to file electronically. Efile 2012 taxes When, how, and where to file your return. Efile 2012 taxes What happens if you pay too little or too much tax. Efile 2012 taxes What records you should keep and how long you should keep them. Efile 2012 taxes How you can change a return you have already filed. Efile 2012 taxes Do I Have To File a Return? You must file a federal income tax return if you are a citizen or resident of the United States or a resident of Puerto Rico and you meet the filing requirements for any of the following categories that apply to you. Efile 2012 taxes Individuals in general. Efile 2012 taxes (There are special rules for surviving spouses, executors, administrators, legal representatives, U. Efile 2012 taxes S. Efile 2012 taxes citizens and residents living outside the United States, residents of Puerto Rico, and individuals with income from U. Efile 2012 taxes S. Efile 2012 taxes possessions. Efile 2012 taxes ) Dependents. Efile 2012 taxes Certain children under age 19 or full-time students. Efile 2012 taxes Self-employed persons. Efile 2012 taxes Aliens. Efile 2012 taxes The filing requirements for each category are explained in this chapter. Efile 2012 taxes The filing requirements apply even if you do not owe tax. Efile 2012 taxes Even if you do not have to file a return, it may be to your advantage to do so. Efile 2012 taxes See Who Should File, later. Efile 2012 taxes File only one federal income tax return for the year regardless of how many jobs you had, how many Forms W-2 you received, or how many states you lived in during the year. Efile 2012 taxes Do not file more than one original return for the same year, even if you have not gotten your refund or have not heard from the IRS since you filed. Efile 2012 taxes Individuals—In General If you are a U. Efile 2012 taxes S. Efile 2012 taxes citizen or resident, whether you must file a return depends on three factors: Your gross income, Your filing status, and Your age. Efile 2012 taxes To find out whether you must file, see Table 1-1, Table 1-2, and Table 1-3. Efile 2012 taxes Even if no table shows that you must file, you may need to file to get money back. Efile 2012 taxes (See Who Should File , later. Efile 2012 taxes ) Gross income. Efile 2012 taxes   This includes all income you receive in the form of money, goods, property, and services that is not exempt from tax. Efile 2012 taxes It also includes income from sources outside the United States or from the sale of your main home (even if you can exclude all or part of it). Efile 2012 taxes Include part of your social security benefits if: You were married, filing a separate return, and you lived with your spouse at any time during 2013; or Half of your social security benefits plus your other gross income and any tax-exempt interest is more than $25,000 ($32,000 if married filing jointly). Efile 2012 taxes If either (1) or (2) applies, see the instructions for Form 1040 or 1040A, or Publication 915, Social Security and Equivalent Railroad Retirement Benefits, to figure the social security benefits you must include in gross income. Efile 2012 taxes   Common types of income are discussed in Part Two of this publication. Efile 2012 taxes Community income. Efile 2012 taxes   If you are married and your permanent home is in a community property state, half of any income described by state law as community income may be considered yours. Efile 2012 taxes This affects your federal taxes, including whether you must file if you do not file a joint return with your spouse. Efile 2012 taxes See Publication 555, Community Property, for more information. Efile 2012 taxes Nevada, Washington, and California domestic partners. Efile 2012 taxes   A registered domestic partner in Nevada, Washington, or California generally must report half the combined community income of the individual and his or her domestic partner. Efile 2012 taxes See Publication 555. Efile 2012 taxes Self-employed individuals. Efile 2012 taxes   If you are self-employed, your gross income includes the amount on line 7 of Schedule C (Form 1040), Profit or Loss From Business; line 1 of Schedule C-EZ (Form 1040), Net Profit From Business; and line 9 of Schedule F (Form 1040), Profit or Loss From Farming. Efile 2012 taxes See Self-Employed Persons , later, for more information about your filing requirements. Efile 2012 taxes    If you do not report all of your self-employment income, your social security benefits may be lower when you retire. Efile 2012 taxes Filing status. Efile 2012 taxes   Your filing status depends on whether you are single or married and on your family situation. Efile 2012 taxes Your filing status is determined on the last day of your tax year, which is December 31 for most taxpayers. Efile 2012 taxes See chapter 2 for an explanation of each filing status. Efile 2012 taxes Age. Efile 2012 taxes   If you are 65 or older at the end of the year, you generally can have a higher amount of gross income than other taxpayers before you must file. Efile 2012 taxes See Table 1-1. Efile 2012 taxes You are considered 65 on the day before your 65th birthday. Efile 2012 taxes For example, if your 65th birthday is on January 1, 2014, you are considered 65 for 2013. Efile 2012 taxes Table 1-1. Efile 2012 taxes 2013 Filing Requirements for Most Taxpayers IF your filing status is. Efile 2012 taxes . Efile 2012 taxes . Efile 2012 taxes AND at the end of 2013 you  were. Efile 2012 taxes . Efile 2012 taxes . Efile 2012 taxes * THEN file a return if  your gross income  was at least. Efile 2012 taxes . Efile 2012 taxes . Efile 2012 taxes ** single under 65 $10,000     65 or older $11,500   married filing jointly*** under 65 (both spouses) $20,000     65 or older (one spouse) $21,200     65 or older (both spouses) $22,400   married filing separately any age $3,900   head of household under 65 $12,850     65 or older $14,350   qualifying widow(er) with dependent child under 65 $16,100   65 or older $17,300   * If you were born on January 1, 1949, you are considered to be age 65 at the end of 2013. Efile 2012 taxes ** Gross income means all income you received in the form of money, goods, property, and services that is not exempt from tax, including any income from sources outside the United States or from the sale of your main home (even if you can exclude part or all of it). Efile 2012 taxes Do not include any social security benefits unless (a) you are married filing a separate return and you lived with your spouse at any time during 2013 or (b) one-half of your social security benefits plus your other gross income and any tax-exempt interest is more than $25,000 ($32,000 if married filing jointly). Efile 2012 taxes If (a) or (b) applies, see the Instructions for Form 1040 or 1040A or Publication 915 to figure the taxable part of social security benefits you must include in gross income. Efile 2012 taxes Gross income includes gains, but not losses, reported on Form 8949 or Schedule D. Efile 2012 taxes Gross income from a business means, for example, the amount on Schedule C, line 7, or Schedule F, line 9. Efile 2012 taxes But, in figuring gross income, do not reduce your income by any losses, including any loss on Schedule C, line 7, or Schedule F, line 9. Efile 2012 taxes *** If you did not live with your spouse at the end of 2013 (or on the date your spouse died) and your gross income was at least $3,900, you must file a return regardless of your age. Efile 2012 taxes Surviving Spouses, Executors, Administrators, and Legal Representatives You must file a final return for a decedent (a person who died) if both of the following are true. Efile 2012 taxes You are the surviving spouse, executor, administrator, or legal representative. Efile 2012 taxes The decedent met the filing requirements at the date of death. Efile 2012 taxes For more information on rules for filing a decedent's final return, see Publication 559, Survivors, Executors, and Administrators. Efile 2012 taxes U. Efile 2012 taxes S. Efile 2012 taxes Citizens and Resident Aliens Living Abroad To determine whether you must file a return, include in your gross income any income you received abroad, including any income you can exclude under the foreign earned income exclusion. Efile 2012 taxes For information on special tax rules that may apply to you, see Publication 54, Tax Guide for U. Efile 2012 taxes S. Efile 2012 taxes Citizens and Resident Aliens Abroad. Efile 2012 taxes It is available online and at most U. Efile 2012 taxes S. Efile 2012 taxes embassies and consulates. Efile 2012 taxes See How To Get Tax Help in the back of this publication. Efile 2012 taxes Residents of Puerto Rico If you are a U. Efile 2012 taxes S. Efile 2012 taxes citizen and also a bona fide resident of Puerto Rico, you generally must file a U. Efile 2012 taxes S. Efile 2012 taxes income tax return for any year in which you meet the income requirements. Efile 2012 taxes This is in addition to any legal requirement you may have to file an income tax return with Puerto Rico. Efile 2012 taxes If you are a bona fide resident of Puerto Rico for the entire year, your U. Efile 2012 taxes S. Efile 2012 taxes gross income does not include income from sources within Puerto Rico. Efile 2012 taxes It does, however, include any income you received for your services as an employee of the United States or a U. Efile 2012 taxes S. Efile 2012 taxes agency. Efile 2012 taxes If you receive income from Puerto Rican sources that is not subject to U. Efile 2012 taxes S. Efile 2012 taxes tax, you must reduce your standard deduction. Efile 2012 taxes As a result, the amount of income you must have before you are required to file a U. Efile 2012 taxes S. Efile 2012 taxes income tax return is lower than the applicable amount in Table 1-1 or Table 1-2. Efile 2012 taxes For more information, see Publication 570, Tax Guide for Individuals With Income From U. Efile 2012 taxes S. Efile 2012 taxes Possessions. Efile 2012 taxes Individuals With Income From U. Efile 2012 taxes S. Efile 2012 taxes Possessions If you had income from Guam, the Commonwealth of the Northern Mariana Islands, American Samoa, or the U. Efile 2012 taxes S. Efile 2012 taxes Virgin Islands, special rules may apply when determining whether you must file a U. Efile 2012 taxes S. Efile 2012 taxes federal income tax return. Efile 2012 taxes In addition, you may have to file a return with the individual island government. Efile 2012 taxes See Publication 570 for more information. Efile 2012 taxes Dependents If you are a dependent (one who meets the dependency tests in chapter 3), see Table 1-2 to find out whether you must file a return. Efile 2012 taxes You also must file if your situation is described in Table 1-3. Efile 2012 taxes Responsibility of parent. Efile 2012 taxes   Generally, a child is responsible for filing his or her own tax return and for paying any tax on the return. Efile 2012 taxes If a dependent child must file an income tax return but cannot file due to age or any other reason, then a parent, guardian, or other legally responsible person must file it for the child. Efile 2012 taxes If the child cannot sign the return, the parent or guardian must sign the child's name followed by the words “By (your signature), parent for minor child. Efile 2012 taxes ” Child's earnings. Efile 2012 taxes   Amounts a child earns by performing services are included in his or her gross income and not the gross income of the parent. Efile 2012 taxes This is true even if under local law the child's parent has the right to the earnings and may actually have received them. Efile 2012 taxes But if the child does not pay the tax due on this income, the parent is liable for the tax. Efile 2012 taxes Certain Children Under Age 19 or Full-Time Students If a child's only income is interest and dividends (including capital gain distributions and Alaska Permanent Fund dividends), the child was under age 19 at the end of 2013 or was a full-time student under age 24 at the end of 2013, and certain other conditions are met, a parent can elect to include the child's income on the parent's return. Efile 2012 taxes If this election is made, the child does not have to file a return. Efile 2012 taxes See Parent's Election To Report Child's Interest and Dividends in chapter 31. Efile 2012 taxes Self-Employed Persons You are self-employed if you: Carry on a trade or business as a sole proprietor, Are an independent contractor, Are a member of a partnership, or Are in business for yourself in any other way. Efile 2012 taxes Self-employment can include work in addition to your regular full-time business activities, such as certain part-time work you do at home or in addition to your regular job. Efile 2012 taxes You must file a return if your gross income is at least as much as the filing requirement amount for your filing status and age (shown in Table 1-1). Efile 2012 taxes Also, you must file Form 1040 and Schedule SE (Form 1040), Self-Employment Tax, if: Your net earnings from self-employment (excluding church employee income) were $400 or more, or You had church employee income of $108. Efile 2012 taxes 28 or more. Efile 2012 taxes (See Table 1-3. Efile 2012 taxes ) Use Schedule SE (Form 1040) to figure your self-employment tax. Efile 2012 taxes Self-employment tax is comparable to the social security and Medicare tax withheld from an employee's wages. Efile 2012 taxes For more information about this tax, see Publication 334, Tax Guide for Small Business. Efile 2012 taxes Employees of foreign governments or international organizations. Efile 2012 taxes   If you are a U. Efile 2012 taxes S. Efile 2012 taxes citizen who works in the United States for an international organization, a foreign government, or a wholly owned instrumentality of a foreign government, and your employer is not required to withhold social security and Medicare taxes from your wages, you must include your earnings from services performed in the United States when figuring your net earnings from self-employment. Efile 2012 taxes Ministers. Efile 2012 taxes   You must include income from services you performed as a minister when figuring your net earnings from self-employment, unless you have an exemption from self-employment tax. Efile 2012 taxes This also applies to Christian Science practitioners and members of a religious order who have not taken a vow of poverty. Efile 2012 taxes For more information, see Publication 517, Social Security and Other Information for Members of the Clergy and Religious Workers. Efile 2012 taxes Table 1-2. Efile 2012 taxes 2013 Filing Requirements for Dependents See chapter 3 to find out if someone can claim you as a dependent. Efile 2012 taxes If your parents (or someone else) can claim you as a dependent, use this table to see if you must file a return. Efile 2012 taxes (See Table 1-3 for other situations when you must file. Efile 2012 taxes ) In this table, earned income includes salaries, wages, tips, and professional fees. Efile 2012 taxes It also includes taxable scholarship and fellowship grants. Efile 2012 taxes (See Scholarships and fellowships in chapter 12. Efile 2012 taxes ) Unearned income includes investment-type income such as taxable interest, ordinary dividends, and capital gain distributions. Efile 2012 taxes It also includes unemployment compensation, taxable social security benefits, pensions, annuities, cancellation of debt, and distributions of unearned income from a trust. Efile 2012 taxes Gross income is the total of your earned and unearned income. Efile 2012 taxes   Single dependents—Were you either age 65 or older or blind? □ No. Efile 2012 taxes You must file a return if any of the following apply. Efile 2012 taxes     • Your unearned income was more than $1,000. Efile 2012 taxes     • Your earned income was more than $6,100. Efile 2012 taxes     • Your gross income was more than the larger of:       • $1,000, or       • Your earned income (up to $5,750) plus $350. Efile 2012 taxes □ Yes. Efile 2012 taxes You must file a return if any of the following apply. Efile 2012 taxes     • Your unearned income was more than $2,500 ($4,000 if 65 or older and blind). Efile 2012 taxes     • Your earned income was more than $7,600 ($9,100 if 65 or older and blind). Efile 2012 taxes     • Your gross income was more than the larger of:       • $2,500 ($4,000 if 65 or older and blind), or       • Your earned income (up to $5,750) plus $1,850 ($3,350 if 65 or older and blind). Efile 2012 taxes Married dependents—Were you either age 65 or older or blind? □ No. Efile 2012 taxes You must file a return if any of the following apply. Efile 2012 taxes     • Your unearned income was more than $1,000. Efile 2012 taxes     • Your earned income was more than $6,100. Efile 2012 taxes     • Your gross income was at least $5 and your spouse files a separate return and itemizes deductions. Efile 2012 taxes     • Your gross income was more than the larger of:       • $1,000, or       • Your earned income (up to $5,750) plus $350. Efile 2012 taxes □ Yes. Efile 2012 taxes You must file a return if any of the following apply. Efile 2012 taxes     • Your unearned income was more than $2,200 ($3,400 if 65 or older and blind). Efile 2012 taxes     • Your earned income was more than $7,300 ($8,500 if 65 or older and blind). Efile 2012 taxes     • Your gross income was at least $5 and your spouse files a separate return and itemizes deductions. Efile 2012 taxes     • Your gross income was more than the larger of:       • $2,200 ($3,400 if 65 or older and blind), or       • Your earned income (up to $5,750) plus $1,550 ($2,750 if 65 or older and blind). Efile 2012 taxes Aliens Your status as an alien—resident, nonresident, or dual-status—determines whether and how you must file an income tax return. Efile 2012 taxes The rules used to determine your alien status are discussed in Publication 519, U. Efile 2012 taxes S. Efile 2012 taxes Tax Guide for Aliens. Efile 2012 taxes Resident alien. Efile 2012 taxes   If you are a resident alien for the entire year, you must file a tax return following the same rules that apply to U. Efile 2012 taxes S. Efile 2012 taxes citizens. Efile 2012 taxes Use the forms discussed in this publication. Efile 2012 taxes Nonresident alien. Efile 2012 taxes   If you are a nonresident alien, the rules and tax forms that apply to you are different from those that apply to U. Efile 2012 taxes S. Efile 2012 taxes citizens and resident aliens. Efile 2012 taxes See Publication 519 to find out if U. Efile 2012 taxes S. Efile 2012 taxes income tax laws apply to you and which forms you should file. Efile 2012 taxes Dual-status taxpayer. Efile 2012 taxes   If you are a resident alien for part of the tax year and a nonresident alien for the rest of the year, you are a dual-status taxpayer. Efile 2012 taxes Different rules apply for each part of the year. Efile 2012 taxes For information on dual-status taxpayers, see Publication 519. Efile 2012 taxes Table 1-3. Efile 2012 taxes Other Situations When You Must File a 2013 Return You must file a return if any of the four conditions below apply for 2013. Efile 2012 taxes 1. Efile 2012 taxes   You owe any special taxes, including any of the following. Efile 2012 taxes   a. Efile 2012 taxes Alternative minimum tax. Efile 2012 taxes   b. Efile 2012 taxes Additional tax on a qualified plan, including an individual retirement arrangement (IRA), or other tax-favored account. Efile 2012 taxes But if you are filing a return only because you owe this tax, you can file Form 5329 by itself. Efile 2012 taxes   c. Efile 2012 taxes Household employment taxes. Efile 2012 taxes But if you are filing a return only because you owe this tax, you can file Schedule H by itself. Efile 2012 taxes   d. Efile 2012 taxes Social security and Medicare tax on tips you did not report to your employer or on wages you received from an employer who did not withhold these taxes. Efile 2012 taxes   e. Efile 2012 taxes Recapture of first-time homebuyer credit. Efile 2012 taxes   f. Efile 2012 taxes Write-in taxes, including uncollected social security and Medicare or RRTA tax on tips you reported to your employer or on group-term life insurance and additional taxes on health savings accounts. Efile 2012 taxes   g. Efile 2012 taxes Recapture taxes. Efile 2012 taxes 2. Efile 2012 taxes   You (or your spouse, if filing jointly) received HSA, Archer MSA, or Medicare Advantage MSA distributions. Efile 2012 taxes 3. Efile 2012 taxes   You had net earnings from self-employment of at least $400. Efile 2012 taxes 4. Efile 2012 taxes   You had wages of $108. Efile 2012 taxes 28 or more from a church or qualified church-controlled organization that is exempt from employer social security and Medicare taxes. Efile 2012 taxes Who Should File Even if you do not have to file, you should file a federal income tax return to get money back if any of the following conditions apply. Efile 2012 taxes You had federal income tax withheld or made estimated tax payments. Efile 2012 taxes You qualify for the earned income credit. Efile 2012 taxes See chapter 36 for more information. Efile 2012 taxes You qualify for the additional child tax credit. Efile 2012 taxes See chapter 34 for more information. Efile 2012 taxes You qualify for the health coverage tax credit. Efile 2012 taxes See chapter 37 for more information. Efile 2012 taxes You qualify for the American opportunity credit. Efile 2012 taxes See chapter 35 for more information. Efile 2012 taxes You qualify for the credit for federal tax on fuels. Efile 2012 taxes See chapter 37 for more information. Efile 2012 taxes Which Form Should I Use? You must use one of three forms to file your return: Form 1040EZ, Form 1040A, or Form 1040. Efile 2012 taxes (But also see Does My Return Have To Be on Paper , later. Efile 2012 taxes ) See the discussion under Form 1040 for when you must use that form. Efile 2012 taxes Form 1040EZ Form 1040EZ is the simplest form to use. Efile 2012 taxes You can use Form 1040EZ if all of the following apply. Efile 2012 taxes    Your filing status is single or married filing jointly. Efile 2012 taxes If you were a nonresident alien at any time in 2013, your filing status must be married filing jointly. Efile 2012 taxes You (and your spouse if married filing a joint return) were under age 65 and not blind at the end of 2013. Efile 2012 taxes If you were born on January 1, 1949, you are considered to be age 65 at the end of 2013. Efile 2012 taxes You do not claim any dependents. Efile 2012 taxes Your taxable income is less than $100,000. Efile 2012 taxes Your income is only from wages, salaries, tips, unemployment compensation, Alaska Permanent Fund dividends, taxable scholarship and fellowship grants, and taxable interest of $1,500 or less. Efile 2012 taxes You do not claim any adjustments to income, such as a deduction for IRA contributions or student loan interest. Efile 2012 taxes You do not claim any credits other than the earned income credit. Efile 2012 taxes You do not owe any household employment taxes on wages you paid to a household employee. Efile 2012 taxes If you earned tips, they are included in boxes 5 and 7 of your Form W-2. Efile 2012 taxes You are not a debtor in a chapter 11 bankruptcy case filed after October 16, 2005. Efile 2012 taxes   You must meet all of these requirements to use Form 1040EZ. Efile 2012 taxes If you do not, you must use Form 1040A or Form 1040. Efile 2012 taxes Figuring tax. Efile 2012 taxes   On Form 1040EZ, you can use only the tax table to figure your income tax. Efile 2012 taxes You cannot use Form 1040EZ to report any other tax. Efile 2012 taxes Form 1040A If you do not qualify to use Form 1040EZ, you may be able to use Form 1040A. Efile 2012 taxes You can use Form 1040A if all of the following apply. Efile 2012 taxes    Your income is only from: Wages, salaries, and tips, Interest, Ordinary dividends (including Alaska Permanent Fund dividends), Capital gain distributions, IRA distributions, Pensions and annuities, Unemployment compensation, Taxable social security and railroad retirement benefits, and Taxable scholarship and fellowship grants. Efile 2012 taxes If you receive a capital gain distribution that includes unrecaptured section 1250 gain, section 1202 gain, or collectibles (28%) gain, you cannot use Form 1040A. Efile 2012 taxes You must use Form 1040. Efile 2012 taxes Your taxable income is less than $100,000. Efile 2012 taxes Your adjustments to income are for only the following items. Efile 2012 taxes Educator expenses. Efile 2012 taxes IRA deduction. Efile 2012 taxes Student loan interest deduction. Efile 2012 taxes Tuition and fees. Efile 2012 taxes You do not itemize your deductions. Efile 2012 taxes You claim only the following tax credits. Efile 2012 taxes The credit for child and dependent care expenses. Efile 2012 taxes (See chapter 32. Efile 2012 taxes ) The credit for the elderly or the disabled. Efile 2012 taxes (See chapter 33. Efile 2012 taxes ) The education credits. Efile 2012 taxes (See chapter 35. Efile 2012 taxes ) The retirement savings contribution credit. Efile 2012 taxes (See chapter 37. Efile 2012 taxes ) The child tax credit. Efile 2012 taxes (See chapter 34. Efile 2012 taxes ) The earned income credit. Efile 2012 taxes (See chapter 36. Efile 2012 taxes ) The additional child tax credit. Efile 2012 taxes (See chapter 34. Efile 2012 taxes ) You did not have an alternative minimum tax adjustment on stock you acquired from the exercise of an incentive stock option. Efile 2012 taxes (See Publication 525, Taxable and Nontaxable Income. Efile 2012 taxes )   You can also use Form 1040A if you received employer-provided dependent care benefits or if you owe tax from the recapture of an education credit or the alternative minimum tax. Efile 2012 taxes   You must meet all these requirements to use Form 1040A. Efile 2012 taxes If you do not, you must use Form 1040. Efile 2012 taxes Form 1040 If you cannot use Form 1040EZ or Form 1040A, you must use Form 1040. Efile 2012 taxes You can use Form 1040 to report all types of income, deductions, and credits. Efile 2012 taxes You may pay less tax by filing Form 1040 because you can take itemized deductions, some adjustments to income, and credits you cannot take on Form 1040A or Form 1040EZ. Efile 2012 taxes You must use Form 1040 if any of the following apply. Efile 2012 taxes    Your taxable income is $100,000 or more. Efile 2012 taxes You itemize your deductions on Schedule A. Efile 2012 taxes You had income that cannot be reported on Form 1040EZ or Form 1040A, including tax-exempt interest from private activity bonds issued after August 7, 1986. Efile 2012 taxes You claim any adjustments to gross income other than the adjustments listed earlier under Form 1040A. Efile 2012 taxes Your Form W-2, box 12, shows uncollected employee tax (social security and Medicare tax) on tips (see chapter 6) or group-term life insurance (see chapter 5). Efile 2012 taxes You received $20 or more in tips in any 1 month and did not report all of them to your employer. Efile 2012 taxes (See chapter 6. Efile 2012 taxes ) You were a bona fide resident of Puerto Rico and exclude income from sources in Puerto Rico. Efile 2012 taxes You claim any credits other than the credits listed earlier under Form 1040A. Efile 2012 taxes You owe the excise tax on insider stock compensation from an expatriated corporation. Efile 2012 taxes Your Form W-2 shows an amount in box 12 with a code Z. Efile 2012 taxes You had a qualified health savings account funding distribution from your IRA. Efile 2012 taxes You are an employee and your employer did not withhold social security and Medicare tax. Efile 2012 taxes You have to file other forms with your return to report certain exclusions, taxes, or transactions, such as Form 8959 or Form 8960. Efile 2012 taxes You are a debtor in a bankruptcy case filed after October 16, 2005. Efile 2012 taxes You must repay the first-time homebuyer credit. Efile 2012 taxes You have adjusted gross income of more than $150,000 and must reduce the dollar amount of your exemptions. Efile 2012 taxes Does My Return Have To Be on Paper? You may be able to file a paperless return using IRS e-file (electronic filing). Efile 2012 taxes If your 2013 adjusted gross income (AGI) is less than a certain amount, you are eligible for Free File. Efile 2012 taxes See your tax return instructions for details. Efile 2012 taxes If you do not qualify for Free File, then you should check out IRS. Efile 2012 taxes gov for low-cost e-file options or Free File Fillable Forms. Efile 2012 taxes IRS e-file Table 1-4 lists the benefits of IRS e-file. Efile 2012 taxes IRS e-file uses automation to replace most of the manual steps needed to process paper returns. Efile 2012 taxes As a result, the processing of e-file returns is faster and more accurate than the processing of paper returns. Efile 2012 taxes However, as with a paper return, you are responsible for making sure your return contains accurate information and is filed on time. Efile 2012 taxes Using e-file does not affect your chances of an IRS examination of your return. Efile 2012 taxes Free File Fillable Forms. Efile 2012 taxes   If you do not need the help of a tax preparer, then Free File Fillable Forms may be for you. Efile 2012 taxes These forms: Do not have an income requirement so everyone is eligible, Are easy to use, Perform basic math calculations, Are available only at IRS. Efile 2012 taxes gov, and Apply only to a federal tax return. Efile 2012 taxes Electronic return signatures. Efile 2012 taxes   To file your return electronically, you must sign the return electronically using a personal identification number (PIN). Efile 2012 taxes If you are filing online, you must use a Self-Select PIN. Efile 2012 taxes If you are filing electronically using a tax practitioner, you can use a Self-Select PIN or a Practitioner PIN. Efile 2012 taxes Self-Select PIN. Efile 2012 taxes   The Self-Select PIN method allows you to create your own PIN. Efile 2012 taxes If you are married filing jointly, you and your spouse will each need to create a PIN and enter these PINs as your electronic signatures. Efile 2012 taxes   A PIN is any combination of five digits you choose except five zeros. Efile 2012 taxes If you use a PIN, there is nothing to sign and nothing to mail—not even your Forms W-2. Efile 2012 taxes   To verify your identity, you will be prompted to enter your adjusted gross income (AGI) from your originally filed 2012 federal income tax return, if applicable. Efile 2012 taxes Do not use your AGI from an amended return (Form 1040X) or a math error correction made by the IRS. Efile 2012 taxes AGI is the amount shown on your 2012 Form 1040, line 38; Form 1040A, line 22; or Form 1040EZ, line 4. Efile 2012 taxes If you do not have your 2012 income tax return, you can quickly request a transcript by using our automated self-service tool. Efile 2012 taxes Visit us at IRS. Efile 2012 taxes gov and click on Order a Return or Account Transcript or call 1-800-908-9946 to get a free transcript of your return. Efile 2012 taxes (If you filed electronically last year, you may use your prior year PIN to verify your identity instead of your prior year AGI. Efile 2012 taxes The prior year PIN is the five digit PIN you used to electronically sign your 2012 return. Efile 2012 taxes ) You will also be prompted to enter your date of birth. Efile 2012 taxes Table 1-4. Efile 2012 taxes Benefits of IRS e-file • Free File allows qualified taxpayers to prepare and e-file their own tax returns for free. Efile 2012 taxes • Free File is available in English and Spanish. Efile 2012 taxes • Free File is available online 24 hours a day, 7 days a week. Efile 2012 taxes • Get your refund faster by e-filing using Direct Deposit. Efile 2012 taxes • Sign electronically with a secure self-selected PIN and file a completely paperless return. Efile 2012 taxes • Receive an acknowledgement that your return was received and accepted. Efile 2012 taxes • If you owe, you can e-file and pay electronically either online or by phone, using your bank account or a credit or debit card. Efile 2012 taxes You can also file a return early and pay the amount you owe by the due date of your return. Efile 2012 taxes • Save time by preparing and e-filing federal and state returns together. Efile 2012 taxes • IRS computers quickly and automatically check for errors or other missing information. Efile 2012 taxes • Help the environment, use less paper, and save taxpayer money—it costs less to process an e-filed return than a paper return. Efile 2012 taxes You cannot use the Self-Select PIN method if you are a first-time filer under age 16 at the end of 2013. Efile 2012 taxes If you cannot locate your prior year AGI or prior year PIN, use the Electronic Filing PIN Request. Efile 2012 taxes This can be found at IRS. Efile 2012 taxes gov. Efile 2012 taxes Click on Request an Electronic Filing PIN. Efile 2012 taxes Or you can call 1-866-704-7388. Efile 2012 taxes Practitioner PIN. Efile 2012 taxes   The Practitioner PIN method allows you to authorize your tax practitioner to enter or generate your PIN. Efile 2012 taxes The practitioner can provide you with details. Efile 2012 taxes Form 8453. Efile 2012 taxes   You must send in a paper Form 8453 if you have to attach certain forms or other documents that cannot be electronically filed. Efile 2012 taxes For details, see Form 8453. Efile 2012 taxes For more details, visit www. Efile 2012 taxes irs. Efile 2012 taxes gov/efile and click on “ Individuals. Efile 2012 taxes ” Identity Protection PIN. Efile 2012 taxes   If the IRS gave you an identity protection personal identification number (PIN) because you were a victim of identity theft, enter it in the spaces provided on your tax form. Efile 2012 taxes If the IRS has not given you this type of number, leave these spaces blank. Efile 2012 taxes For more information, see the Instructions for Form 1040A or Form 1040. Efile 2012 taxes Power of attorney. Efile 2012 taxes   If an agent is signing your return for you, a power of attorney (POA) must be filed. Efile 2012 taxes Attach the POA to Form 8453 and file it using that form's instructions. Efile 2012 taxes See Signatures , later, for more information on POAs. Efile 2012 taxes State returns. Efile 2012 taxes   In most states, you can file an electronic state return simultaneously with your federal return. Efile 2012 taxes For more information, check with your local IRS office, state tax agency, tax professional, or the IRS website at  www. Efile 2012 taxes irs. Efile 2012 taxes gov/efile. Efile 2012 taxes Refunds. Efile 2012 taxes   You can have a refund check mailed to you, or you can have your refund deposited directly to your checking or savings account or split among two or three accounts. Efile 2012 taxes With e-file, your refund will be issued faster than if you filed on paper. Efile 2012 taxes   As with a paper return, you may not get all of your refund if you owe certain past-due amounts, such as federal tax, state income tax, state unemployment compensation debts, child support, spousal support, or certain other federal nontax debts, such as student loans. Efile 2012 taxes See Offset against debts under Refunds, later. Efile 2012 taxes Refund inquiries. Efile 2012 taxes   Information about your return will generally be available within 24 hours after the IRS receives your e-filed return. Efile 2012 taxes See Refund Information , later. Efile 2012 taxes Amount you owe. Efile 2012 taxes   To avoid late-payment penalties and interest, pay your taxes in full by April 15, 2014. Efile 2012 taxes See How To Pay , later, for information on how to pay the amount you owe. Efile 2012 taxes Using Your Personal Computer You can file your tax return in a fast, easy, and convenient way using your personal computer. Efile 2012 taxes A computer with Internet access and tax preparation software are all you need. Efile 2012 taxes Best of all, you can e-file from the comfort of your home 24 hours a day, 7 days a week. Efile 2012 taxes IRS approved tax preparation software is available for online use on the Internet, for download from the Internet, and in retail stores. Efile 2012 taxes For information, visit www. Efile 2012 taxes irs. Efile 2012 taxes gov/efile. Efile 2012 taxes Through Employers and Financial Institutions Some businesses offer free e-file to their employees, members, or customers. Efile 2012 taxes Others offer it for a fee. Efile 2012 taxes Ask your employer or financial institution if they offer IRS e-file as an employee, member, or customer benefit. Efile 2012 taxes Free Help With Your Return Free help in preparing your return is available nationwide from IRS-trained volunteers. Efile 2012 taxes The Volunteer Income Tax Assistance (VITA) program is designed to help low to moderate income taxpayers and the Tax Counseling for the Elderly (TCE) program is designed to assist taxpayers age 60 or older with their tax returns. Efile 2012 taxes Many VITA sites offer free electronic filing and all volunteers will let you know about the credits and deductions you may be entitled to claim. Efile 2012 taxes To find a site near you, call 1-800-906-9887. Efile 2012 taxes Or to find the nearest AARP TaxAide site, visit AARP's website at www. Efile 2012 taxes aarp. Efile 2012 taxes org/taxaide or call 1-888-227-7669. Efile 2012 taxes For more information on these programs, go to IRS. Efile 2012 taxes gov and enter keyword “VITA” in the search box. Efile 2012 taxes Using a Tax Professional Many tax professionals electronically file tax returns for their clients. Efile 2012 taxes You may personally enter your PIN or complete Form 8879, IRS e-file Signature Authorization, to authorize the tax professional to enter your PIN on your return. Efile 2012 taxes Note. Efile 2012 taxes Tax professionals may charge a fee for IRS e-file. Efile 2012 taxes Fees can vary depending on the professional and the specific services rendered. Efile 2012 taxes When Do I Have To File? April 15, 2014, is the due date for filing your 2013 income tax return if you use the calendar year. Efile 2012 taxes For a quick view of due dates for filing a return with or without an extension of time to file (discussed later), see Table 1-5. Efile 2012 taxes Table 1-5. Efile 2012 taxes When To File Your 2013 Return For U. Efile 2012 taxes S. Efile 2012 taxes citizens and residents who file returns on a calendar year. Efile 2012 taxes   For Most Taxpayers For Certain Taxpayers Outside the U. Efile 2012 taxes S. Efile 2012 taxes No extension requested April 15, 2014 June 16, 2014 Automatic extension October 15, 2014 October 15, 2014 If you use a fiscal year (a year ending on the last day of any month except December, or a 52-53-week year), your income tax return is due by the 15th day of the 4th month after the close of your fiscal year. Efile 2012 taxes When the due date for doing any act for tax purposes—filing a return, paying taxes, etc. Efile 2012 taxes —falls on a Saturday, Sunday, or legal holiday, the due date is delayed until the next business day. Efile 2012 taxes Filing paper returns on time. Efile 2012 taxes   Your paper return is filed on time if it is mailed in an envelope that is properly addressed, has enough postage, and is postmarked by the due date. Efile 2012 taxes If you send your return by registered mail, the date of the registration is the postmark date. Efile 2012 taxes The registration is evidence that the return was delivered. Efile 2012 taxes If you send a return by certified mail and have your receipt postmarked by a postal employee, the date on the receipt is the postmark date. Efile 2012 taxes The postmarked certified mail receipt is evidence that the return was delivered. Efile 2012 taxes Private delivery services. Efile 2012 taxes   If you use a private delivery service designated by the IRS to send your return, the postmark date generally is the date the private delivery service records in its database or marks on the mailing label. Efile 2012 taxes The private delivery service can tell you how to get written proof of this date. Efile 2012 taxes   For the IRS mailing address to use if you are using a private delivery service, go to IRS. Efile 2012 taxes gov and enter “private delivery service” in the search box. Efile 2012 taxes   The following are designated private delivery services. Efile 2012 taxes DHL Express (DHL): Same Day Service. Efile 2012 taxes Federal Express (FedEx): FedEx Priority Overnight, FedEx Standard Overnight, FedEx 2Day, FedEx International Priority, and FedEx International First. Efile 2012 taxes United Parcel Service (UPS): UPS Next Day Air, UPS Next Day Air Saver, UPS 2nd Day Air, UPS 2nd Day Air A. Efile 2012 taxes M. Efile 2012 taxes , UPS Worldwide Express Plus, and UPS Worldwide Express. Efile 2012 taxes Filing electronic returns on time. Efile 2012 taxes   If you use IRS e-file, your return is considered filed on time if the authorized electronic return transmitter postmarks the transmission by the due date. Efile 2012 taxes An authorized electronic return transmitter is a participant in the IRS e-file program that transmits electronic tax return information directly to the IRS. Efile 2012 taxes   The electronic postmark is a record of when the authorized electronic return transmitter received the transmission of your electronically filed return on its host system. Efile 2012 taxes The date and time in your time zone controls whether your electronically filed return is timely. Efile 2012 taxes Filing late. Efile 2012 taxes   If you do not file your return by the due date, you may have to pay a failure-to-file penalty and interest. Efile 2012 taxes For more information, see Penalties , later. Efile 2012 taxes Also see Interest under Amount You Owe. Efile 2012 taxes   If you were due a refund but you did not file a return, you generally must file within 3 years from the date the return was due (including extensions) to get that refund. Efile 2012 taxes Nonresident alien. Efile 2012 taxes    If you are a nonresident alien and earn wages subject to U. Efile 2012 taxes S. Efile 2012 taxes income tax withholding, your 2013 U. Efile 2012 taxes S. Efile 2012 taxes income tax return (Form 1040NR or Form 1040NR-EZ) is due by: April 15, 2014, if you use a calendar year, or The 15th day of the 4th month after the end of your fiscal year if you use a fiscal year. Efile 2012 taxes   If you do not earn wages subject to U. Efile 2012 taxes S. Efile 2012 taxes income tax withholding, your return is due by: June 16, 2014, if you use a calendar year, or The 15th day of the 6th month after the end of your fiscal year, if you use a fiscal year. Efile 2012 taxes See Publication 519 for more filing information. Efile 2012 taxes Filing for a decedent. Efile 2012 taxes   If you must file a final income tax return for a taxpayer who died during the year (a decedent), the return is due by the 15th day of the 4th month after the end of the decedent's normal tax year. Efile 2012 taxes See Publication 559. Efile 2012 taxes Extensions of Time To File You may be able to get an extension of time to file your return. Efile 2012 taxes There are three types of situations where you may qualify for an extension: Automatic extensions, You are outside the United States, or You are serving in a combat zone. Efile 2012 taxes Automatic Extension If you cannot file your 2013 return by the due date, you may be able to get an automatic 6-month extension of time to file. Efile 2012 taxes Example. Efile 2012 taxes If your return is due on April 15, 2014, you will have until October 15, 2014, to file. Efile 2012 taxes If you do not pay the tax due by the regular due date (generally, April 15), you will owe interest. Efile 2012 taxes You may also be charged penalties, discussed later. Efile 2012 taxes How to get the automatic extension. Efile 2012 taxes   You can get the automatic extension by: Using IRS e-file (electronic filing), or Filing a paper form. Efile 2012 taxes E-file options. Efile 2012 taxes   There are two ways you can use e-file to get an extension of time to file. Efile 2012 taxes Complete Form 4868, Application for Automatic Extension of Time To File U. Efile 2012 taxes S. Efile 2012 taxes Individual Income Tax Return, to use as a worksheet. Efile 2012 taxes If you think you may owe tax when you file your return, use Part II of the form to estimate your balance due. Efile 2012 taxes If you e-file Form 4868 to the IRS, do not also send a paper Form 4868. Efile 2012 taxes E-file using your personal computer or a tax professional. Efile 2012 taxes    You can use a tax software package with your personal computer or a tax professional to file Form 4868 electronically. Efile 2012 taxes You will need to provide certain information from your tax return for 2012. Efile 2012 taxes If you wish to make a payment by direct transfer from your bank account, see Pay online , under How To Pay, later in this chapter. Efile 2012 taxes E-file and pay by credit or debit card or by direct transfer from your bank account. Efile 2012 taxes   You can get an extension by paying part or all of your estimate of tax due by using a credit or debit card or by direct transfer from your bank account. Efile 2012 taxes You can do this by phone or over the Internet. Efile 2012 taxes You do not file Form 4868. Efile 2012 taxes See Pay online , under How To Pay, later in this chapter. Efile 2012 taxes Filing a paper Form 4868. Efile 2012 taxes   You can get an extension of time to file by filing a paper Form 4868. Efile 2012 taxes Mail it to the address shown in the form instructions. Efile 2012 taxes   If you want to make a payment with the form, make your check or money order payable to “United States Treasury. Efile 2012 taxes ” Write your SSN, daytime phone number, and “2013 Form 4868” on your check or money order. Efile 2012 taxes When to file. Efile 2012 taxes   You must request the automatic extension by the due date for your return. Efile 2012 taxes You can file your return any time before the 6-month extension period ends. Efile 2012 taxes When you file your return. Efile 2012 taxes   Enter any payment you made related to the extension of time to file on Form 1040, line 68. Efile 2012 taxes If you file Form 1040EZ or Form 1040A, include that payment in your total payments on Form 1040EZ, line 9, or Form 1040A, line 41. Efile 2012 taxes Also enter “Form 4868” and the amount paid in the space to the left of line 9 or line 41. Efile 2012 taxes Individuals Outside the United States You are allowed an automatic 2-month extension, without filing Form 4868, (until June 16, 2014, if you use the calendar year) to file your 2013 return and pay any federal income tax due if: You are a U. Efile 2012 taxes S. Efile 2012 taxes citizen or resident, and On the due date of your return: You are living outside the United States and Puerto Rico, and your main place of business or post of duty is outside the United States and Puerto Rico, or You are in military or naval service on duty outside the United States and  Puerto Rico. Efile 2012 taxes However, if you pay the tax due after the regular due date (generally, April 15), interest will be charged from that date until the date the tax is paid. Efile 2012 taxes If you served in a combat zone or qualified hazardous duty area, you may be eligible for a longer extension of time to file. Efile 2012 taxes See Individuals Serving in Combat Zone , later, for special rules that apply to you. Efile 2012 taxes Married taxpayers. Efile 2012 taxes   If you file a joint return, only one spouse has to qualify for this automatic extension. Efile 2012 taxes If you and your spouse file separate returns, this automatic extension applies only to the spouse who qualifies. Efile 2012 taxes How to get the extension. Efile 2012 taxes   To use this automatic extension, you must attach a statement to your return explaining what situation qualified you for the extension. Efile 2012 taxes (See the situations listed under (2), earlier. Efile 2012 taxes ) Extensions beyond 2 months. Efile 2012 taxes   If you cannot file your return within the automatic 2-month extension period, you may be able to get an additional 4-month extension, for a total of 6 months. Efile 2012 taxes File Form 4868 and check the box on line 8. Efile 2012 taxes No further extension. Efile 2012 taxes   An extension of more than 6 months will generally not be granted. Efile 2012 taxes However, if you are outside the United States and meet certain tests, you may be granted a longer extension. Efile 2012 taxes For more information, see When To File and Pay in Publication 54. Efile 2012 taxes Individuals Serving in Combat Zone The deadline for filing your tax return, paying any tax you may owe, and filing a claim for refund is automatically extended if you serve in a combat zone. Efile 2012 taxes This applies to members of the Armed Forces, as well as merchant marines serving aboard vessels under the operational control of the Department of Defense, Red Cross personnel, accredited correspondents, and civilians under the direction of the Armed Forces in support of the Armed Forces. Efile 2012 taxes Combat zone. Efile 2012 taxes   For purposes of the automatic extension, the term “combat zone” includes the following areas. Efile 2012 taxes The Arabian peninsula area, effective January 17, 1991. Efile 2012 taxes The Kosovo area, effective March 24, 1999. Efile 2012 taxes Afghanistan area, effective September 19, 2001. Efile 2012 taxes   See Publication 3, Armed Forces' Tax Guide, for more detailed information on the locations comprising each combat zone. Efile 2012 taxes The publication also has information about other tax benefits available to military personnel serving in a combat zone. Efile 2012 taxes Extension period. Efile 2012 taxes   The deadline for filing your return, paying any tax due, and filing a claim for refund is extended for at least 180 days after the later of: The last day you are in a combat zone or the last day the area qualifies as a combat zone, or The last day of any continuous qualified hospitalization for injury from service in the combat zone. Efile 2012 taxes   In addition to the 180 days, your deadline is also extended by the number of days you had left to take action with the IRS when you entered the combat zone. Efile 2012 taxes For example, you have 3½ months (January 1 – April 15) to file your tax return. Efile 2012 taxes Any days left in this period when you entered the combat zone (or the entire 3½ months if you entered it before the beginning of the year) are added to the 180 days. Efile 2012 taxes See Extension of Deadlines in Publication 3 for more information. Efile 2012 taxes   The rules on the extension for filing your return also apply when you are deployed outside the United States (away from your permanent duty station) while participating in a designated contingency operation. Efile 2012 taxes How Do I Prepare My Return? This section explains how to get ready to fill in your tax return and when to report your income and expenses. Efile 2012 taxes It also explains how to complete certain sections of the form. Efile 2012 taxes You may find Table 1-6 helpful when you prepare your paper return. Efile 2012 taxes Table 1-6. Efile 2012 taxes Six Steps for Preparing Your Paper Return 1 — Get your records together for income and expenses. Efile 2012 taxes 2 — Get the forms, schedules, and publications you need. Efile 2012 taxes 3 — Fill in your return. Efile 2012 taxes 4 — Check your return to make sure it is correct. Efile 2012 taxes 5 — Sign and date your return. Efile 2012 taxes 6 — Attach all required forms and schedules. Efile 2012 taxes Electronic returns. Efile 2012 taxes   For information you may find useful in preparing a paperless return, see Does My Return Have To Be on Paper , earlier. Efile 2012 taxes Substitute tax forms. Efile 2012 taxes   You cannot use your own version of a tax form unless it meets the requirements explained in Publication 1167, General Rules and Specifications for Substitute Forms and Schedules. Efile 2012 taxes Form W-2. Efile 2012 taxes   If you were an employee, you should receive Form W-2 from your employer. Efile 2012 taxes You will need the information from this form to prepare your return. Efile 2012 taxes See Form W-2 under Credit for Withholding and Estimated Tax in chapter 4. Efile 2012 taxes   Your employer is required to provide or send Form W-2 to you no later than January 31, 2014. Efile 2012 taxes If it is mailed, you should allow adequate time to receive it before contacting your employer. Efile 2012 taxes If you still do not get the form by February 15, the IRS can help you by requesting the form from your employer. Efile 2012 taxes When you request IRS help, be prepared to provide the following information. Efile 2012 taxes Your name, address (including ZIP code), and phone number. Efile 2012 taxes Your SSN. Efile 2012 taxes Your dates of employment. Efile 2012 taxes Your employer's name, address (including ZIP code), and phone number. Efile 2012 taxes Form 1099. Efile 2012 taxes   If you received certain types of income, you may receive a Form 1099. Efile 2012 taxes For example, if you received taxable interest of $10 or more, the payer is required to provide or send Form 1099 to you no later than January 31, 2014 (or by February 18, 2014, if furnished by a broker). Efile 2012 taxes If it is mailed, you should allow adequate time to receive it before contacting the payer. Efile 2012 taxes If you still do not get the form by February 18 (or by March 5, 2014, if furnished by a broker), call the IRS for help. Efile 2012 taxes When Do I Report My Income and Expenses? You must figure your taxable income on the basis of a tax year. Efile 2012 taxes A “tax year” is an annual accounting period used for keeping records and reporting income and expenses. Efile 2012 taxes You must account for your income and expenses in a way that clearly shows your taxable income. Efile 2012 taxes The way you do this is called an accounting method. Efile 2012 taxes This section explains which accounting periods and methods you can use. Efile 2012 taxes Accounting Periods Most individual tax returns cover a calendar year—the 12 months from January 1 through December 31. Efile 2012 taxes If you do not use a calendar year, your accounting period is a fiscal year. Efile 2012 taxes A regular fiscal year is a 12-month period that ends on the last day of any month except December. Efile 2012 taxes A 52-53-week fiscal year varies from 52 to 53 weeks and always ends on the same day of the week. Efile 2012 taxes You choose your accounting period (tax year) when you file your first income tax return. Efile 2012 taxes It cannot be longer than 12 months. Efile 2012 taxes More information. Efile 2012 taxes   For more information on accounting periods, including how to change your accounting period, see Publication 538, Accounting Periods and Methods. Efile 2012 taxes Accounting Methods Your accounting method is the way you account for your income and expenses. Efile 2012 taxes Most taxpayers use either the cash method or an accrual method. Efile 2012 taxes You choose a method when you file your first income tax return. Efile 2012 taxes If you want to change your accounting method after that, you generally must get IRS approval. Efile 2012 taxes Cash method. Efile 2012 taxes   If you use this method, report all items of income in the year in which you actually or constructively receive them. Efile 2012 taxes Generally, you deduct all expenses in the year you actually pay them. Efile 2012 taxes This is the method most individual taxpayers use. Efile 2012 taxes Constructive receipt. Efile 2012 taxes   Generally, you constructively receive income when it is credited to your account or set apart in any way that makes it available to you. Efile 2012 taxes You do not need to have physical possession of it. Efile 2012 taxes For example, interest credited to your bank account on December 31, 2013, is taxable income to you in 2013 if you could have withdrawn it in 2013 (even if the amount is not entered in your records or withdrawn until 2014). Efile 2012 taxes Garnisheed wages. Efile 2012 taxes   If your employer uses your wages to pay your debts, or if your wages are attached or garnisheed, the full amount is constructively received by you. Efile 2012 taxes You must include these wages in income for the year you would have received them. Efile 2012 taxes Debts paid for you. Efile 2012 taxes   If another person cancels or pays your debts (but not as a gift or loan), you have constructively received the amount and generally must include it in your gross income for the year. Efile 2012 taxes See Canceled Debts in chapter 12 for more information. Efile 2012 taxes Payment to third party. Efile 2012 taxes   If a third party is paid income from property you own, you have constructively received the income. Efile 2012 taxes It is the same as if you had actually received the income and paid it to the third party. Efile 2012 taxes Payment to an agent. Efile 2012 taxes   Income an agent receives for you is income you constructively received in the year the agent receives it. Efile 2012 taxes If you indicate in a contract that your income is to be paid to another person, you must include the amount in your gross income when the other person receives it. Efile 2012 taxes Check received or available. Efile 2012 taxes   A valid check that was made available to you before the end of the tax year is constructively received by you in that year. Efile 2012 taxes A check that was “made available to you” includes a check you have already received, but not cashed or deposited. Efile 2012 taxes It also includes, for example, your last paycheck of the year that your employer made available for you to pick up at the office before the end of the year. Efile 2012 taxes It is constructively received by you in that year whether or not you pick it up before the end of the year or wait to receive it by mail after the end of the year. Efile 2012 taxes No constructive receipt. Efile 2012 taxes   There may be facts to show that you did not constructively receive income. Efile 2012 taxes Example. Efile 2012 taxes Alice Johnson, a teacher, agreed to her school board's condition that, in her absence, she would receive only the difference between her regular salary and the salary of a substitute teacher hired by the school board. Efile 2012 taxes Therefore, Alice did not constructively receive the amount by which her salary was reduced to pay the substitute teacher. Efile 2012 taxes Accrual method. Efile 2012 taxes   If you use an accrual method, you generally report income when you earn it, rather than when you receive it. Efile 2012 taxes You generally deduct your expenses when you incur them, rather than when you pay them. Efile 2012 taxes Income paid in advance. Efile 2012 taxes   An advance payment of income is generally included in gross income in the year you receive it. Efile 2012 taxes Your method of accounting does not matter as long as the income is available to you. Efile 2012 taxes An advance payment may include rent or interest you receive in advance and pay for services you will perform later. Efile 2012 taxes   A limited deferral until the next tax year may be allowed for certain advance payments. Efile 2012 taxes See Publication 538 for specific information. Efile 2012 taxes Additional information. Efile 2012 taxes   For more information on accounting methods, including how to change your accounting method, see Publication 538. Efile 2012 taxes Social Security Number (SSN) You must enter your SSN on your return. Efile 2012 taxes If you are married, enter the SSNs for both you and your spouse, whether you file jointly or separately. Efile 2012 taxes If you are filing a joint return, include the SSNs in the same order as the names. Efile 2012 taxes Use this same order in submitting other forms and documents to the IRS. Efile 2012 taxes Check that both the name and SSN on your Form 1040, W-2, and 1099 agree with your social security card. Efile 2012 taxes If they do not, certain deductions and credits on your Form 1040 may be reduced or disallowed and you may not receive credit for your social security earnings. Efile 2012 taxes If your Form W-2 shows an incorrect SSN or name, notify your employer or the form-issuing agent as soon as possible to make sure your earnings are credited to your social security record. Efile 2012 taxes If the name or SSN on your social security card is incorrect, call the SSA at 1-800-772-1213. Efile 2012 taxes Name change. Efile 2012 taxes   If you changed your name because of marriage, divorce, etc. Efile 2012 taxes , be sure to report the change to your local Social Security Administration (SSA) office before filing your return. Efile 2012 taxes This prevents delays in processing your return and issuing refunds. Efile 2012 taxes It also safeguards your future social security benefits. Efile 2012 taxes Dependent's SSN. Efile 2012 taxes   You must provide the SSN of each dependent you claim, regardless of the dependent's age. Efile 2012 taxes This requirement applies to all dependents (not just your children) claimed on your tax return. Efile 2012 taxes Exception. Efile 2012 taxes    If your child was born and died in 2013 and did not have an SSN, enter “DIED” in column (2) of line 6c (Form 1040 or 1040A) and include a copy of the child's birth certificate, death certificate, or hospital records. Efile 2012 taxes The document must show that the child was born alive. Efile 2012 taxes No SSN. Efile 2012 taxes   File Form SS-5, Application for a Social Security Card, with your local SSA office to get an SSN for yourself or your dependent. Efile 2012 taxes It usually takes about 2 weeks to get an SSN. Efile 2012 taxes If you or your dependent is not eligible for an SSN, see Individual taxpayer identification number (ITIN) , later. Efile 2012 taxes   If you are a U. Efile 2012 taxes S. Efile 2012 taxes citizen or resident alien, you must show proof of age, identity, and citizenship or alien status with your Form SS-5. Efile 2012 taxes If you are 12 or older and have never been assigned an SSN, you must appear in person with this proof at an SSA office. Efile 2012 taxes   Form SS-5 is available at any SSA office, on the Internet at www. Efile 2012 taxes socialsecurity. Efile 2012 taxes gov, or by calling 1-800-772-1213. Efile 2012 taxes If you have any questions about which documents you can use as proof of age, identity, or citizenship, contact your SSA office. Efile 2012 taxes   If your dependent does not have an SSN by the time your return is due, you may want to ask for an extension of time to file, as explained earlier under When Do I Have To File . Efile 2012 taxes   If you do not provide a required SSN or if you provide an incorrect SSN, your tax may be increased and any refund may be reduced. Efile 2012 taxes Adoption taxpayer identification number (ATIN). Efile 2012 taxes   If you are in the process of adopting a child who is a U. Efile 2012 taxes S. Efile 2012 taxes citizen or resident and cannot get an SSN for the child until the adoption is final, you can apply for an ATIN to use instead of an SSN. Efile 2012 taxes    File Form W-7A, Application for Taxpayer Identification Number for Pending U. Efile 2012 taxes S. Efile 2012 taxes Adoptions, with the IRS to get an ATIN if all of the following are true. Efile 2012 taxes You have a child living with you who was placed in your home for legal adoption. Efile 2012 taxes You cannot get the child's existing SSN even though you have made a reasonable attempt to get it from the birth parents, the placement agency, and other persons. Efile 2012 taxes You cannot get an SSN for the child from the SSA because, for example, the adoption is not final. Efile 2012 taxes You are eligible to claim the child as a dependent on your tax return. Efile 2012 taxes After the adoption is final, you must apply for an SSN for the child. Efile 2012 taxes You cannot continue using the ATIN. Efile 2012 taxes   See Form W-7A for more information. Efile 2012 taxes Nonresident alien spouse. Efile 2012 taxes   If your spouse is a nonresident alien, your spouse must have either an SSN or an ITIN if: You file a joint return, You file a separate return and claim an exemption for your spouse, or Your spouse is filing a separate return. Efile 2012 taxes If your spouse is not eligible for an SSN, see the following discussion on ITINs. Efile 2012 taxes Individual taxpayer identification number (ITIN). Efile 2012 taxes   The IRS will issue you an ITIN if you are a nonresident or resident alien and you do not have and are not eligible to get an SSN. Efile 2012 taxes This also applies to an alien spouse or dependent. Efile 2012 taxes To apply for an ITIN, file Form W-7 with the IRS. Efile 2012 taxes It usually takes about 6 to 10 weeks to get an ITIN. Efile 2012 taxes Enter the ITIN on your tax return wherever an SSN is requested. Efile 2012 taxes    If you are applying for an ITIN for yourself, your spouse, or a dependent in order to file your tax return, attach your completed tax return to your Form W-7. Efile 2012 taxes See the Form W-7 instructions for how and where to file. Efile 2012 taxes You cannot e-file a return using an ITIN in the calendar year the ITIN is issued; however, you can e-file returns in the following years. Efile 2012 taxes ITIN for tax use only. Efile 2012 taxes   An ITIN is for tax use only. Efile 2012 taxes It does not entitle you or your dependent to social security benefits or change the employment or immigration status of either of you under U. Efile 2012 taxes S. Efile 2012 taxes law. Efile 2012 taxes Penalty for not providing social security number. Efile 2012 taxes   If you do not include your SSN or the SSN of your spouse or dependent as required, you may have to pay a penalty. Efile 2012 taxes See the discussion on Penalties , later, for more information. Efile 2012 taxes SSN on correspondence. Efile 2012 taxes   If you write to the IRS about your tax account, be sure to include your SSN (and the name and SSN of your spouse, if you filed a joint return) in your correspondence. Efile 2012 taxes Because your SSN is used to identify your account, this helps the IRS respond to your correspondence promptly. Efile 2012 taxes Presidential Election Campaign Fund This fund helps pay for Presidential election campaigns. Efile 2012 taxes If you want $3 to go to this fund, check the box. Efile 2012 taxes If you are filing a joint return, your spouse can also have $3 go to the fund. Efile 2012 taxes If you check a box, your tax or refund will not change. Efile 2012 taxes Computations The following information may be useful in making the return easier to complete. Efile 2012 taxes Rounding off dollars. Efile 2012 taxes   You can round off cents to whole dollars on your return and schedules. Efile 2012 taxes If you do round to whole dollars, you must round all amounts. Efile 2012 taxes To round, drop amounts under 50 cents and increase amounts from 50 to 99 cents to the next dollar. Efile 2012 taxes For example, $1. Efile 2012 taxes 39 becomes $1 and $2. Efile 2012 taxes 50 becomes $3. Efile 2012 taxes   If you have to add two or more amounts to figure the amount to enter on a line, include cents when adding the amounts and round off only the total. Efile 2012 taxes Example. Efile 2012 taxes You receive two Forms W-2: one showing wages of $5,000. Efile 2012 taxes 55 and one showing wages of $18,500. Efile 2012 taxes 73. Efile 2012 taxes On Form 1040, line 7, you would enter $23,501 ($5,000. Efile 2012 taxes 55 + $18,500. Efile 2012 taxes 73 = $23,501. Efile 2012 taxes 28), not $23,502 ($5,001 + $18,501). Efile 2012 taxes Equal amounts. Efile 2012 taxes   If you are asked to enter the smaller or larger of two equal amounts, enter that amount. Efile 2012 taxes Example. Efile 2012 taxes Line 1 is $500. Efile 2012 taxes Line 3 is $500. Efile 2012 taxes Line 5 asks you to enter the smaller of line 1 or 3. Efile 2012 taxes Enter $500 on line 5. Efile 2012 taxes Negative amounts. Efile 2012 taxes   If you file a paper return and you need to enter a negative amount, put the amount in parentheses rather than using a minus sign. Efile 2012 taxes To combine positive and negative amounts, add all the positive amounts together and then subtract the negative amounts. Efile 2012 taxes Attachments Depending on the form you file and the items reported on your return, you may have to complete additional schedules and forms and attach them to your paper return. Efile 2012 taxes You may be able to file a paperless return using IRS e-file. Efile 2012 taxes There's nothing to attach or mail, not even your Forms W-2. Efile 2012 taxes See Does My Return Have To Be on Paper, earlier. Efile 2012 taxes Form W-2. Efile 2012 taxes   Form W-2 is a statement from your employer of wages and other compensation paid to you and taxes withheld from your pay. Efile 2012 taxes You should have a Form W-2 from each employer. Efile 2012 taxes If you file a paper return, be sure to attach a copy of Form W-2 in the place indicated on the front page of your return. Efile 2012 taxes Attach it to the front page of your paper return, not to any attachments. Efile 2012 taxes For more information, see Form W-2 in chapter 4. Efile 2012 taxes   If you received a Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. Efile 2012 taxes , showing federal income tax withheld, and you file a paper return, attach a copy of that form in the place indicated on the front page of your return. Efile 2012 taxes Form 1040EZ. Efile 2012 taxes   There are no additional schedules to file with Form 1040EZ. Efile 2012 taxes Form 1040A. Efile 2012 taxes   If you file a paper return, attach any forms and schedules behind Form 1040A in order of the “Attachment Sequence Number” shown in the upper right corner of the form or schedule. Efile 2012 taxes Then arrange all other statements or attachments in the same order as the forms and schedules they relate to and attach them last. Efile 2012 taxes Do not attach items unless required to do so. Efile 2012 taxes Form 1040. Efile 2012 taxes   If you file a paper return, attach any forms and schedules behind Form 1040 in order of the “Attachment Sequence Number” shown in the upper right corner of the form or schedule. Efile 2012 taxes Then arrange all other statements or attachments in the same order as the forms and schedules they relate to and attach them last. Efile 2012 taxes Do not attach items unless required to do so. Efile 2012 taxes Third Party Designee You can authorize the IRS to discuss your return with your preparer, a friend, family member, or any other person you choose. Efile 2012 taxes If you check the “Yes” box in the Third party designee area of your 2013 tax return and provide the information required, you are authorizing: The IRS to call the designee to answer any questions that arise during the processing of your return, and The designee to: Give information that is missing from your return to the IRS, Call the IRS for information about th
Print - Click this link to Print this page

Understanding Your CP297C Notice

We levied you for unpaid taxes. You have the right to a Collection Due
Process hearing.


What you need to do

  • Read your notice carefully — it explains our actions.
  • Pay what you owe.
  • Make a payment plan if you can’t pay the full amount you owe.

You may want to...


Answers to Common Questions

What should I do if I disagree with the notice?
Request a Collection Due Process hearing.

Why should I request a Collection Due Process hearing?
You can appeal the levy and other disagreements you have at a Collection Due Process hearing.

How can I request a Collection Due Process hearing?
Complete and send us a Form 12153, Request for a Collection Due Process or Equivalent Hearing.

Why didn't you tell me about my rights before you levied me?
Federal contractors do not have the right to a pre-levy hearing. We've already sent you several notices about the amount you owe.

What happens if I can't pay what I owe?
You can request a payment plan if you can't pay the full amount you owe.

How can I make a payment plan?
Call us at the toll free number on the top right corner of your notice to talk about payment plans or learn more about them here.


Tips for next year

Consider filing your taxes electronically. Filing online can help you avoid mistakes and find credits and deductions that you may qualify for. In many cases you can file for free. Learn more about how to file electronically.


Understanding your notice

Reading your notice
Your notice may look different from the sample because the information contained in your notice is tailored to your situation.

Notice CP297C, Page 1

Notice CP297C, Page 2

Notice CP297C, Page 3

Notice CP297C, Page 4

Notice CP297C, Page 5

Printable samples of this notice (PDF)

Tax publications you may find useful

How to get help

Calling the 1-800 number listed on the top right corner of your notice is the fastest way to get your questions answered.

You can also authorize someone (such as an accountant) to contact the IRS on your behalf using this Power of Attorney and Declaration of Representative (Form 2848).

Or you may qualify for help from a Low Income Taxpayer Clinic.
 

Page Last Reviewed or Updated: 27-Jan-2014

The Efile 2012 Taxes

Efile 2012 taxes Publication 536 - Main Content Table of Contents NOL Steps How To Figure an NOLNonbusiness deductions (line 6). Efile 2012 taxes Nonbusiness income (line 7). Efile 2012 taxes Nonbusiness capital losses. Efile 2012 taxes Business capital losses. Efile 2012 taxes Illustrated Form 1045, Schedule A When To Use an NOLExceptions to 2-Year Carryback Rule Waiving the Carryback Period How To Carry an NOL Back or Forward How To Claim an NOL DeductionDeducting a Carryback Deducting a Carryforward Change in Marital Status Change in Filing Status Illustrated Form 1045 How To Figure an NOL CarryoverIllustrated Form 1045, Schedule B NOL Carryover From 2013 to 2014Worksheet Instructions How To Get Tax HelpLow Income Taxpayer Clinics NOL Steps Follow Steps 1 through 5 to figure and use your NOL. Efile 2012 taxes Step 1. Efile 2012 taxes   Complete your tax return for the year. Efile 2012 taxes You may have an NOL if a negative figure appears on the line below: Individuals — Form 1040, line 41, or Form 1040NR, line 39. Efile 2012 taxes Estates and trusts — Form 1041, line 22. Efile 2012 taxes   If the amount on that line is not negative, stop here — you do not have an NOL. Efile 2012 taxes Step 2. Efile 2012 taxes   Determine whether you have an NOL and its amount. Efile 2012 taxes See How To Figure an NOL , later. Efile 2012 taxes If you do not have an NOL, stop here. Efile 2012 taxes Step 3. Efile 2012 taxes   Decide whether to carry the NOL back to a past year or to waive the carryback period and instead carry the NOL forward to a future year. Efile 2012 taxes See When To Use an NOL , later. Efile 2012 taxes Step 4. Efile 2012 taxes   Deduct the NOL in the carryback or carryforward year. Efile 2012 taxes See How To Claim an NOL Deduction , later. Efile 2012 taxes If your NOL deduction is equal to or less than your taxable income without the deduction, stop here — you have used up your NOL. Efile 2012 taxes Step 5. Efile 2012 taxes   Determine the amount of your unused NOL. Efile 2012 taxes See How To Figure an NOL Carryover , later. Efile 2012 taxes Carry over the unused NOL to the next carryback or carryforward year and begin again at Step 4. Efile 2012 taxes Note. Efile 2012 taxes   If your NOL deduction includes more than one NOL amount, apply Step 5 separately to each NOL amount, starting with the amount from the earliest year. Efile 2012 taxes How To Figure an NOL If your deductions for the year are more than your income for the year, you may have an NOL. Efile 2012 taxes There are rules that limit what you can deduct when figuring an NOL. Efile 2012 taxes In general, the following items are not allowed when figuring an NOL. Efile 2012 taxes Any deduction for personal exemptions. Efile 2012 taxes Capital losses in excess of capital gains. Efile 2012 taxes The section 1202 exclusion of the gain from the sale or exchange of qualified small business stock. Efile 2012 taxes Nonbusiness deductions in excess of nonbusiness income. Efile 2012 taxes The net operating loss deduction. Efile 2012 taxes The domestic production activities deduction. Efile 2012 taxes Form 1045, Schedule A. Efile 2012 taxes   Use Form 1045, Schedule A, to figure an NOL. Efile 2012 taxes The following discussion explains Schedule A and includes an illustrated example. Efile 2012 taxes   First, complete Form 1045, Schedule A, line 1, using amounts from your return. Efile 2012 taxes If line 1 is a negative amount, you may have an NOL. Efile 2012 taxes   Next, complete the rest of Form 1045, Schedule A, to figure your NOL. Efile 2012 taxes Nonbusiness deductions (line 6). Efile 2012 taxes   Enter on line 6 deductions that are not connected to your trade or business or your employment. Efile 2012 taxes Examples of deductions not related to your trade or business are: Alimony paid, Deductions for contributions to an IRA or a self-employed retirement plan, Health savings account deduction, Archer medical savings account deduction, Most itemized deductions (except for casualty and theft losses, state income tax on trade and business income, and any employee business expenses), and The standard deduction. Efile 2012 taxes   Do not include on line 6 the deduction for personal exemptions for you, your spouse, or your dependents. Efile 2012 taxes   Do not enter business deductions on line 6. Efile 2012 taxes These are deductions that are connected to your trade or business. Efile 2012 taxes They include the following. Efile 2012 taxes State income tax on income attributable to trade or business (including wages, salary, and unemployment compensation). Efile 2012 taxes Moving expenses. Efile 2012 taxes Educator expenses. Efile 2012 taxes The deduction for the deductible part of self-employed health insurance. Efile 2012 taxes Domestic production activities deduction. Efile 2012 taxes Rental losses. Efile 2012 taxes Loss on the sale or exchange of business real estate or depreciable property. Efile 2012 taxes Your share of a business loss from a partnership or an S corporation. Efile 2012 taxes Ordinary loss on the sale or exchange of stock in a small business corporation or a small business investment company. Efile 2012 taxes If you itemize your deductions, casualty and theft losses (even if they involve nonbusiness property) and employee business expenses (such as union dues, uniforms, tools, education expenses, and travel and transportation expenses). Efile 2012 taxes Loss on the sale of accounts receivable (if you use an accrual method of accounting). Efile 2012 taxes Interest and litigation expenses on state and federal income taxes related to your business. Efile 2012 taxes Unrecovered investment in a pension or annuity claimed on a decedent's final return. Efile 2012 taxes Payment by a federal employee to buy back sick leave used in an earlier year. Efile 2012 taxes Nonbusiness income (line 7). Efile 2012 taxes   Enter on line 7 only income that is not related to your trade or business or your employment. Efile 2012 taxes For example, enter your annuity income, dividends, and interest on investments. Efile 2012 taxes Also, include your share of nonbusiness income from partnerships and S corporations. Efile 2012 taxes   Do not include on line 7 the income you receive from your trade or business or your employment. Efile 2012 taxes This includes salaries and wages, self-employment income, unemployment compensation included in your gross income, and your share of business income from partnerships and S corporations. Efile 2012 taxes Also, do not include rental income or ordinary gain from the sale or other disposition of business real estate or depreciable business property. Efile 2012 taxes Adjustment for section 1202 exclusion (line 17). Efile 2012 taxes   Enter on line 17 any gain you excluded under section 1202 on the sale or exchange of qualified small business stock. Efile 2012 taxes Adjustments for capital losses (lines 19–22). Efile 2012 taxes   The amount deductible for capital losses is limited based on whether the losses are business capital losses or nonbusiness capital losses. Efile 2012 taxes Nonbusiness capital losses. Efile 2012 taxes   You can deduct your nonbusiness capital losses (line 2) only up to the amount of your nonbusiness capital gains without regard to any section 1202 exclusion (line 3). Efile 2012 taxes If your nonbusiness capital losses are more than your nonbusiness capital gains without regard to any section 1202 exclusion, you cannot deduct the excess. Efile 2012 taxes Business capital losses. Efile 2012 taxes   You can deduct your business capital losses (line 11) only up to the total of: Your nonbusiness capital gains that are more than the total of your nonbusiness capital losses and excess nonbusiness deductions (line 10), and Your total business capital gains without regard to any section 1202 exclusion (line 12). Efile 2012 taxes Domestic production activities deduction (line 23). Efile 2012 taxes   You cannot take the domestic production activities deduction when figuring your NOL. Efile 2012 taxes Enter on line 23 any domestic production activities deduction claimed on your return. Efile 2012 taxes NOLs from other years (line 24). Efile 2012 taxes   You cannot deduct any NOL carryovers or carrybacks from other years. Efile 2012 taxes Enter the total amount of your NOL deduction for losses from other years. Efile 2012 taxes Illustrated Form 1045, Schedule A The following example illustrates how to figure an NOL. Efile 2012 taxes It includes filled-in pages 1 and 2 of Form 1040 and Form 1045, Schedule A. Efile 2012 taxes Example. Efile 2012 taxes Glenn Johnson is in the retail record business. Efile 2012 taxes He is single and has the following income and deductions on his Form 1040 for 2013. Efile 2012 taxes See the illustrated Form 1040 , later. Efile 2012 taxes INCOME   Wages from part-time job $1,225 Interest on savings 425 Net long-term capital gain on sale of real estate used in business 2,000 Glenn's total income $3,650 DEDUCTIONS   Net loss from business (gross income of $67,000 minus expenses of $72,000) $5,000 Net short-term capital loss on sale of stock 1,000 Standard deduction 6,100 Personal exemption 3,900 Glenn's total deductions $16,000 Glenn's deductions exceed his income by $12,350 ($16,000 − $3,650). Efile 2012 taxes However, to figure whether he has an NOL, certain deductions are not allowed. Efile 2012 taxes He uses Form 1045, Schedule A, to figure his NOL. Efile 2012 taxes See the Illustrated Form 1045, Schedule A , later. Efile 2012 taxes The following items are not allowed on Form 1045, Schedule A. Efile 2012 taxes Nonbusiness net short-term capital loss $1,000 Nonbusiness deductions (standard deduction, $6,100) minus nonbusiness income (interest, $425) 5,675 Deduction for personal exemption 3,900 Total adjustments to net loss $10,575     Therefore, Glenn's NOL for 2013 is figured as follows: Glenn's total 2013 income $3,650 Less:     Glenn's original 2013 total deductions $16,000   Reduced by the disallowed items − 10,575 − 5,425 Glenn's NOL for 2013 $1,775 This image is too large to be displayed in the current screen. Efile 2012 taxes Please click the link to view the image. Efile 2012 taxes Form 1040, page 1 This image is too large to be displayed in the current screen. Efile 2012 taxes Please click the link to view the image. Efile 2012 taxes Form 1040, page 2 This image is too large to be displayed in the current screen. Efile 2012 taxes Please click the link to view the image. Efile 2012 taxes Form 1045, page 2 When To Use an NOL Generally, if you have an NOL for a tax year ending in 2013, you must carry back the entire amount of the NOL to the 2 tax years before the NOL year (the carryback period), and then carry forward any remaining NOL for up to 20 years after the NOL year (the carryforward period). Efile 2012 taxes You can, however, choose not to carry back an NOL and only carry it forward. Efile 2012 taxes See Waiving the Carryback Period , later. Efile 2012 taxes You cannot deduct any part of the NOL remaining after the 20-year carryforward period. Efile 2012 taxes NOL year. Efile 2012 taxes   This is the year in which the NOL occurred. Efile 2012 taxes Exceptions to 2-Year Carryback Rule Eligible losses, farming losses, qualified disaster losses, and specified liability losses, all defined next, qualify for longer carryback periods. Efile 2012 taxes Eligible loss. Efile 2012 taxes   The carryback period for eligible losses is 3 years. Efile 2012 taxes Only the eligible loss portion of the NOL can be carried back 3 years. Efile 2012 taxes An eligible loss is any part of an NOL that: Is from a casualty or theft, or Is attributable to a federally declared disaster for a qualified small business or certain qualified farming businesses. Efile 2012 taxes Qualified small business. Efile 2012 taxes   A qualified small business is a sole proprietorship or a partnership that has average annual gross receipts (reduced by returns and allowances) of $5 million or less during the 3-year period ending with the tax year of the NOL. Efile 2012 taxes If the business did not exist for this entire 3-year period, use the period the business was in existence. Efile 2012 taxes   An eligible loss does not include a farming loss or a qualified disaster loss. Efile 2012 taxes Farming loss. Efile 2012 taxes   The carryback period for a farming loss is 5 years. Efile 2012 taxes Only the farming loss portion of the NOL can be carried back 5 years. Efile 2012 taxes A farming loss is the smaller of: The amount that would be the NOL for the tax year if only income and deductions attributable to farming businesses were taken into account, or The NOL for the tax year. Efile 2012 taxes Farming business. Efile 2012 taxes   A farming business is a trade or business involving cultivation of land or the raising or harvesting of any agricultural or horticultural commodity. Efile 2012 taxes A farming business can include operating a nursery or sod farm or raising or harvesting most ornamental trees or trees bearing fruit, nuts, or other crops. Efile 2012 taxes The raising, shearing, feeding, caring for, training, and management of animals is also considered a farming business. Efile 2012 taxes   A farming business does not include contract harvesting of an agricultural or horticultural commodity grown or raised by someone else. Efile 2012 taxes It also does not include a business in which you merely buy or sell plants or animals grown or raised entirely by someone else. Efile 2012 taxes Waiving the 5-year carryback. Efile 2012 taxes   You can choose to figure the carryback period for a farming loss without regard to the special 5-year carryback rule. Efile 2012 taxes To make this choice for 2013, attach to your 2013 income tax return filed by the due date (including extensions) a statement that you are choosing to treat any 2013 farming losses without regard to the special 5-year carryback rule. Efile 2012 taxes If you filed your original return on time but did not file the statement with it, you can make this choice on an amended return filed within 6 months after the due date of the return (excluding extensions). Efile 2012 taxes Attach an election statement to your amended return, and write “Filed pursuant to section 301. Efile 2012 taxes 9100-2” at the top of the statement. Efile 2012 taxes Once made, this choice is irrevocable. Efile 2012 taxes Qualified disaster loss. Efile 2012 taxes   The carryback period for a qualified disaster loss is 5 years. Efile 2012 taxes Only the qualified disaster loss portion of the NOL can be carried back 5 years. Efile 2012 taxes A qualified disaster loss is the smaller of: The sum of: Any losses attributable to a federally declared disaster and occurring before January 1, 2010, in the disaster area, plus Any allowable qualified disaster expenses (even if you did not choose to treat those expenses as deductions in the current year), or The NOL for the tax year. Efile 2012 taxes Qualified disaster expenses. Efile 2012 taxes   A qualified disaster expense is any capital expense paid or incurred in connection with a trade or business or with business-related property which is: For the abatement or control of hazardous substances that were released as a result of a federally declared disaster occurring before January 1, 2010, For the removal of debris from, or the demolition of structures on, real property which is business-related property damaged or destroyed as a result of a federally declared disaster occurring before January 1, 2010, or For the repair of business-related property damaged as a result of a federally declared disaster occurring before January 1, 2010. Efile 2012 taxes Business-related property is property held for use in a trade or business, property held for the production of income, or inventory property. Efile 2012 taxes Note. Efile 2012 taxes Section 198A allows taxpayers to treat certain capital expenses (qualified disaster expenses) as deductions in the year the expenses were paid or incurred. Efile 2012 taxes Excluded losses. Efile 2012 taxes   A qualified disaster loss does not include any losses from property used in connection with any private or commercial golf course, country club, massage parlor, hot tub facility, suntan facility, or any store for which the principal business is the sale of alcoholic beverages for consumption off premises. Efile 2012 taxes   A qualified disaster loss also does not include any losses from any gambling or animal racing property. Efile 2012 taxes Gambling or animal racing property is any equipment, furniture, software, or other property used directly in connection with gambling, the racing of animals, or the on-site viewing of such racing, and the portion of any real property (determined by square footage) that is dedicated to gambling, the racing of animals, or the on-site viewing of such racing, unless this portion is less than 100 square feet. Efile 2012 taxes Specified liability loss. Efile 2012 taxes   The carryback period for a specified liability loss is 10 years. Efile 2012 taxes Only the specified liability loss portion of the NOL can be carried back 10 years. Efile 2012 taxes Generally, a specified liability loss is a loss arising from: Product liability and expenses incurred in the investigation or settlement of, or opposition to, product liability claims, or An act (or failure to act) that occurred at least 3 years before the beginning of the loss year and resulted in a liability under a federal or state law requiring: Reclamation of land, Dismantling of a drilling platform, Remediation of environmental contamination, or Payment under any workers compensation act. Efile 2012 taxes   Any loss from a liability arising from (1) through (4) above can be taken into account as a specified liability loss only if you used an accrual method of accounting throughout the period in which the act (or failure to act) occurred. Efile 2012 taxes For details, see section 172(f). Efile 2012 taxes Waiving the 10-year carryback. Efile 2012 taxes   You can choose to figure the carryback period for a specified liability loss without regard to the special 10-year carryback rule. Efile 2012 taxes To make this choice for 2013 attach to your 2013 income tax return filed by the due date (including extensions) a statement that you are choosing to treat any 2013 specified liability losses without regard to the special 10-year carryback rule. Efile 2012 taxes If you filed your original return on time but did not file the statement with it, you can make this choice on an amended return filed within 6 months after the due date of the return (excluding extensions). Efile 2012 taxes Attach a statement to your amended return and write “Filed pursuant to section 301. Efile 2012 taxes 9100-2” at the top of the statement. Efile 2012 taxes Once made, this choice is irrevocable. Efile 2012 taxes Waiving the Carryback Period You can choose not to carry back your NOL. Efile 2012 taxes If you make this choice, then you can use your NOL only in the 20-year carryforward period. Efile 2012 taxes (This choice means you also choose not to carry back any alternative tax NOL. Efile 2012 taxes ) To make this choice, attach a statement to your original return filed by the due date (including extensions) for the NOL year. Efile 2012 taxes This statement must show that you are choosing to waive the carryback period under section 172(b)(3). Efile 2012 taxes If you filed your original return on time but did not file the statement with it, you can make this choice on an amended return filed within 6 months of the due date of the return (excluding extensions). Efile 2012 taxes Attach a statement to your amended return, and write “Filed pursuant to section 301. Efile 2012 taxes 9100-2” at the top of the statement. Efile 2012 taxes Once you choose to waive the carryback period, it generally is irrevocable. Efile 2012 taxes If you choose to waive the carryback period for more than one NOL, you must make a separate choice and attach a separate statement for each NOL year. Efile 2012 taxes If you do not file this statement on time, you cannot waive the carryback period. Efile 2012 taxes How To Carry an NOL Back or Forward If you choose to carry back the NOL, you must first carry the entire NOL to the earliest carryback year. Efile 2012 taxes If your NOL is not used up, you can carry the rest to the next earliest carryback year, and so on. Efile 2012 taxes If you waive the carryback period or do not use up the NOL in the carryback period, carry forward what remains of the NOL to the 20 tax years following the NOL year. Efile 2012 taxes Start by carrying it to the first tax year after the NOL year. Efile 2012 taxes If you do not use it up, carry the unused part to the next year. Efile 2012 taxes Continue to carry any unused part of the NOL forward until the NOL is used up or you complete the 20-year carryforward period. Efile 2012 taxes Example 1. Efile 2012 taxes You started your business as a sole proprietor in 2013 and had a $42,000 NOL for the year. Efile 2012 taxes No part of the NOL qualifies for the 3-year, 5-year, or 10-year carryback. Efile 2012 taxes You begin using your NOL in 2011, the second year before the NOL year, as shown in the following chart. Efile 2012 taxes Year   Carryback/  Carryover Unused  Loss 2011 $42,000 $40,000 2012 40,000 37,000 2013 (NOL year)     2014 37,000 31,500 2015 31,500 22,500 2016 22,500 12,700 2017 12,700 4,000 2018 4,000 -0- If your loss were larger, you could carry it forward until the year 2033. Efile 2012 taxes If you still had an unused 2013 carryforward after the year 2033, you would not be allowed to deduct it. Efile 2012 taxes Example 2. Efile 2012 taxes Assume the same facts as in Example 1 , except that $4,000 of the NOL is attributable to a casualty loss and this loss qualifies for a 3-year carryback period. Efile 2012 taxes You begin using the $4,000 in 2010. Efile 2012 taxes As shown in the following chart, $3,000 of this NOL is used in 2010. Efile 2012 taxes The remaining $1,000 is carried to 2011 with the $38,000 NOL that you must begin using in 2011. Efile 2012 taxes Year   Carryback/  Carryover Unused  Loss 2010 $4,000 $1,000 2011 39,000 37,000 2012 37,000 34,000 2013 (NOL year)     2014 34,000 28,500 2015 28,500 19,500 2016 19,500 9,700 2017 9,700 1,000 2018 1,000 -0- How To Claim an NOL Deduction If you have not already carried the NOL to an earlier year, your NOL deduction is the total NOL. Efile 2012 taxes If you carried the NOL to an earlier year, your NOL deduction is the carried over NOL minus the NOL amount you used in the earlier year or years. Efile 2012 taxes If you carry more than one NOL to the same year, your NOL deduction is the total of these carrybacks and carryovers. Efile 2012 taxes NOL resulting in no taxable income. Efile 2012 taxes   If your NOL is more than the taxable income of the year you carry it to (figured before deducting the NOL), you generally will have an NOL carryover to the next year. Efile 2012 taxes See How To Figure an NOL Carryover , later, to determine how much NOL you have used and how much you carry to the next year. Efile 2012 taxes Deducting a Carryback If you carry back your NOL, you can use either Form 1045 or Form 1040X. Efile 2012 taxes You can get your refund faster by using Form 1045, but you have a shorter time to file it. Efile 2012 taxes You can use Form 1045 to apply an NOL to all carryback years. Efile 2012 taxes If you use Form 1040X, you must use a separate Form 1040X for each carryback year to which you apply the NOL. Efile 2012 taxes Estates and trusts that do not file Form 1045 must file an amended Form 1041 (instead of Form 1040X) for each carryback year to which NOLs are applied. Efile 2012 taxes Use a copy of the appropriate year's Form 1041, check the “Amended return” box, and follow the Form 1041 instructions for amended returns. Efile 2012 taxes Include the NOL deduction with other deductions not subject to the 2% limit (line 15a). Efile 2012 taxes Also, see the special procedures for filing an amended return due to an NOL carryback, explained under Form 1040X , later. Efile 2012 taxes Form 1045. Efile 2012 taxes   You can apply for a quick refund by filing Form 1045. Efile 2012 taxes This form results in a tentative adjustment of tax in the carryback year. Efile 2012 taxes See the Illustrated Form 1045 . Efile 2012 taxes at the end of this discussion. Efile 2012 taxes   If the IRS refunds or credits an amount to you from Form 1045 and later determines that the refund or credit is too much, the IRS may assess and collect the excess immediately. Efile 2012 taxes   Generally, you must file Form 1045 on or after the date you file your tax return for the NOL year, but not later than one year after the end of the NOL year. Efile 2012 taxes If the last day of the NOL year falls on a Saturday, Sunday, or holiday, the form will be considered timely if postmarked on the next business day. Efile 2012 taxes For example, if you are a calendar year taxpayer with a carryback from 2013 to 2011, you must file Form 1045 on or after the date you file your tax return for 2013, but no later than December 31, 2014. Efile 2012 taxes Form 1040X. Efile 2012 taxes   If you do not file Form 1045, you can file Form 1040X to get a refund of tax because of an NOL carryback. Efile 2012 taxes File Form 1040X within 3 years after the due date, including extensions, for filing the return for the NOL year. Efile 2012 taxes For example, if you are a calendar year taxpayer and filed your 2011 return by the April 15, 2012, due date, you must file a claim for refund of 2008 tax because of an NOL carryback from 2011 by April 15, 2015. Efile 2012 taxes   Attach a computation of your NOL using Form 1045, Schedule A, and, if it applies, your NOL carryover using Form 1045, Schedule B, discussed later . Efile 2012 taxes Refiguring your tax. Efile 2012 taxes   To refigure your total tax liability for a carryback year, first refigure your adjusted gross income for that year. Efile 2012 taxes (On Form 1045, use lines 10 and 11 and the “After carryback” column for the applicable carryback year. Efile 2012 taxes ) Use your adjusted gross income after applying the NOL deduction to refigure income or deduction items that are based on, or limited to, a percentage of your adjusted gross income. Efile 2012 taxes Refigure the following items. Efile 2012 taxes The special allowance for passive activity losses from rental real estate activities. Efile 2012 taxes Taxable social security and tier 1 railroad retirement benefits. Efile 2012 taxes IRA deductions. Efile 2012 taxes Excludable savings bond interest. Efile 2012 taxes Excludable employer-provided adoption benefits. Efile 2012 taxes The student loan interest deduction. Efile 2012 taxes The tuition and fees deduction. Efile 2012 taxes   If more than one of these items apply, refigure them in the order listed above, using your adjusted gross income after applying the NOL deduction and any previous item. Efile 2012 taxes (Enter your NOL deduction on Form 1045, line 10. Efile 2012 taxes On line 11, using the “After carryback” column, enter your adjusted gross income refigured after applying the NOL deduction and after refiguring any above items. Efile 2012 taxes )   Next, refigure your taxable income. Efile 2012 taxes (On Form 1045, use lines 12 through 15 and the “After carryback” column. Efile 2012 taxes ) Use your refigured adjusted gross income (Form 1045, line 11, using the “After carryback” column) to refigure certain deductions and other items that are based on or limited to a percentage of your adjusted gross income. Efile 2012 taxes Refigure the following items. Efile 2012 taxes The itemized deduction for medical expenses. Efile 2012 taxes The itemized deduction for qualified mortgage insurance premiums. Efile 2012 taxes The itemized deduction for casualty losses. Efile 2012 taxes Miscellaneous itemized deductions subject to the 2% limit. Efile 2012 taxes The overall limit on itemized deductions (do not apply to carryback years beginning after December 31, 2009). Efile 2012 taxes The phaseout of the deduction for exemptions (do not apply to carryback years beginning after December 31, 2009). Efile 2012 taxes Qualified motor vehicle tax (do not apply to carryback years beginning after December 31, 2009). Efile 2012 taxes    Do not refigure the itemized deduction for charitable contributions. Efile 2012 taxes   Finally, use your refigured taxable income (Form 1045, line 15, using the “After carryback” column) to refigure your total tax liability. Efile 2012 taxes Refigure your income tax, your alternative minimum tax, and any credits that are based on or limited by your adjusted gross income (AGI), modified adjusted gross income (MAGI), or tax liability. Efile 2012 taxes (On Form 1045, use lines 16 through 25, and the “After carryback” column. Efile 2012 taxes ) The earned income credit, for example, may be affected by changes to adjusted gross income or the amount of tax (or both) and, therefore, must be recomputed. Efile 2012 taxes If you become eligible for a credit because of the carryback, complete the form for that specific credit (such as the EIC Worksheet) for that year. Efile 2012 taxes   While it is necessary to refigure your income tax, alternative minimum tax, and credits, do not refigure your self-employment tax. Efile 2012 taxes Deducting a Carryforward If you carry forward your NOL to a tax year after the NOL year, list your NOL deduction as a negative figure on the “Other income” line of Form 1040 or Form 1040NR (line 21 for 2013). Efile 2012 taxes Estates and trusts include an NOL deduction on Form 1041 with other deductions not subject to the 2% limit (line 15a for 2013). Efile 2012 taxes You must attach a statement that shows all the important facts about the NOL. Efile 2012 taxes Your statement should include a computation showing how you figured the NOL deduction. Efile 2012 taxes If you deduct more than one NOL in the same year, your statement must cover each of them. Efile 2012 taxes Change in Marital Status If you and your spouse were not married to each other in all years involved in figuring NOL carrybacks and carryovers, only the spouse who had the loss can take the NOL deduction. Efile 2012 taxes If you file a joint return, the NOL deduction is limited to the income of that spouse. Efile 2012 taxes For example, if your marital status changes because of death or divorce, and in a later year you have an NOL, you can carry back that loss only to the part of the income reported on the joint return (filed with your former spouse) that was related to your taxable income. Efile 2012 taxes After you deduct the NOL in the carryback year, the joint rates apply to the resulting taxable income. Efile 2012 taxes Refund limit. Efile 2012 taxes   If you are not married in the NOL year (or are married to a different spouse), and in the carryback year you were married and filed a joint return, your refund for the overpaid joint tax may be limited. Efile 2012 taxes You can claim a refund for the difference between your share of the refigured tax and your contribution toward the tax paid on the joint return. Efile 2012 taxes The refund cannot be more than the joint overpayment. Efile 2012 taxes Attach a statement showing how you figured your refund. Efile 2012 taxes Figuring your share of a joint tax liability. Efile 2012 taxes   There are five steps for figuring your share of the refigured joint tax liability. Efile 2012 taxes Figure your total tax as though you had filed as married filing separately. Efile 2012 taxes Figure your spouse's total tax as though your spouse had also filed as married filing separately. Efile 2012 taxes Add the amounts in (1) and (2). Efile 2012 taxes Divide the amount in (1) by the amount in (3). Efile 2012 taxes Multiply the refigured tax on your joint return by the amount figured in (4). Efile 2012 taxes This is your share of the joint tax liability. Efile 2012 taxes Figuring your contribution toward tax paid. Efile 2012 taxes   Unless you have an agreement or clear evidence of each spouse's contributions toward the payment of the joint tax liability, figure your contribution by adding the tax withheld on your wages and your share of joint estimated tax payments or tax paid with the return. Efile 2012 taxes If the original return for the carryback year resulted in an overpayment, reduce your contribution by your share of the tax refund. Efile 2012 taxes Figure your share of a joint payment or refund by the same method used in figuring your share of the joint tax liability. Efile 2012 taxes Use your taxable income as originally reported on the joint return in steps (1) and (2) above, and substitute the joint payment or refund for the refigured joint tax in step (5). Efile 2012 taxes Change in Filing Status If you and your spouse were married and filed a joint return for each year involved in figuring NOL carrybacks and carryovers, figure the NOL deduction on a joint return as you would for an individual. Efile 2012 taxes However, treat the NOL deduction as a joint NOL. Efile 2012 taxes If you and your spouse were married and filed separate returns for each year involved in figuring NOL carrybacks and carryovers, the spouse who sustained the loss may take the NOL deduction on a separate return. Efile 2012 taxes Special rules apply for figuring the NOL carrybacks and carryovers of married people whose filing status changes for any tax year involved in figuring an NOL carryback or carryover. Efile 2012 taxes Separate to joint return. Efile 2012 taxes   If you and your spouse file a joint return for a carryback or carryforward year, and were married but filed separate returns for any of the tax years involved in figuring the NOL carryback or carryover, treat the separate carryback or carryover as a joint carryback or carryover. Efile 2012 taxes Joint to separate returns. Efile 2012 taxes   If you and your spouse file separate returns for a carryback or carryforward year, but filed a joint return for any or all of the tax years involved in figuring the NOL carryover, figure each of your carryovers separately. Efile 2012 taxes Joint return in NOL year. Efile 2012 taxes   Figure each spouse's share of the joint NOL through the following steps. Efile 2012 taxes Figure each spouse's NOL as if he or she filed a separate return. Efile 2012 taxes See How To Figure an NOL , earlier. Efile 2012 taxes If only one spouse has an NOL, stop here. Efile 2012 taxes All of the joint NOL is that spouse's NOL. Efile 2012 taxes If both spouses have an NOL, multiply the joint NOL by a fraction, the numerator of which is spouse A's NOL figured in (1) and the denominator of which is the total of the spouses' NOLs figured in (1). Efile 2012 taxes The result is spouse A's share of the joint NOL. Efile 2012 taxes The rest of the joint NOL is spouse B's share. Efile 2012 taxes Example 1. Efile 2012 taxes Mark and Nancy are married and file a joint return for 2013. Efile 2012 taxes They have an NOL of $5,000. Efile 2012 taxes They carry the NOL back to 2011, a year in which Mark and Nancy filed separate returns. Efile 2012 taxes Figured separately, Nancy's 2013 deductions were more than her income, and Mark's income was more than his deductions. Efile 2012 taxes Mark does not have any NOL to carry back. Efile 2012 taxes Nancy can carry back the entire $5,000 NOL to her 2011 separate return. Efile 2012 taxes Example 2. Efile 2012 taxes Assume the same facts as in Example 1 , except that both Mark and Nancy had deductions in 2013 that were more than their income. Efile 2012 taxes Figured separately, his NOL is $1,800 and her NOL is $3,000. Efile 2012 taxes The sum of their separate NOLs ($4,800) is less than their $5,000 joint NOL because his deductions included a $200 net capital loss that is not allowed in figuring his separate NOL. Efile 2012 taxes The loss is allowed in figuring their joint NOL because it was offset by Nancy's capital gains. Efile 2012 taxes Mark's share of their $5,000 joint NOL is $1,875 ($5,000 × $1,800/$4,800) and Nancy's is $3,125 ($5,000 − $1,875). Efile 2012 taxes Joint return in previous carryback or carryforward year. Efile 2012 taxes   If only one spouse had an NOL deduction on the previous year's joint return, all of the joint carryover is that spouse's carryover. Efile 2012 taxes If both spouses had an NOL deduction (including separate carryovers of a joint NOL, figured as explained in the previous discussion ), figure each spouse's share of the joint carryover through the following steps. Efile 2012 taxes Figure each spouse's modified taxable income as if he or she filed a separate return. Efile 2012 taxes See Modified taxable income under How To Figure an NOL Carryover , later. Efile 2012 taxes Multiply the joint modified taxable income you used to figure the joint carryover by a fraction, the numerator of which is spouse A's modified taxable income figured in (1) and the denominator of which is the total of the spouses' modified taxable incomes figured in (1). Efile 2012 taxes This is spouse A's share of the joint modified taxable income. Efile 2012 taxes Subtract the amount figured in (2) from the joint modified taxable income. Efile 2012 taxes This is spouse B's share of the joint modified taxable income. Efile 2012 taxes Reduce the amount figured in (3), but not below zero, by spouse B's NOL deduction. Efile 2012 taxes Add the amounts figured in (2) and (4). Efile 2012 taxes Subtract the amount figured in (5) from spouse A's NOL deduction. Efile 2012 taxes This is spouse A's share of the joint carryover. Efile 2012 taxes The rest of the joint carryover is spouse B's share. Efile 2012 taxes Example. Efile 2012 taxes Sam and Wanda filed a joint return for 2011 and separate returns for 2012 and 2013. Efile 2012 taxes In 2013, Sam had an NOL of $18,000 and Wanda had an NOL of $2,000. Efile 2012 taxes They choose to carry back both NOLs 2 years to their 2011 joint return and claim a $20,000 NOL deduction. Efile 2012 taxes Their joint modified taxable income (MTI) for 2011 is $15,000, and their joint NOL carryover to 2012 is $5,000 ($20,000 – $15,000). Efile 2012 taxes Sam and Wanda each figure their separate MTI for 2011 as if they had filed separate returns. Efile 2012 taxes Then they figure their shares of the $5,000 carryover as follows. Efile 2012 taxes Step 1. Efile 2012 taxes   Sam's separate MTI $9,000 Wanda's separate MTI + 3,000 Total MTI $12,000 Step 2. Efile 2012 taxes   Joint MTI $15,000 Sam's MTI ÷ total MTI ($9,000 ÷ $12,000) × . Efile 2012 taxes 75 Sam's share of joint MTI $11,250 Step 3. Efile 2012 taxes   Joint MTI $15,000 Sam's share of joint MTI − 11,250 Wanda's share of joint MTI $3,750 Step 4. Efile 2012 taxes   Wanda's share of joint MTI $3,750 Wanda's NOL deduction − 2,000 Wanda's remaining share $1,750 Step 5. Efile 2012 taxes   Sam's share of joint MTI $11,250 Wanda's remaining share + 1,750 Joint MTI to be offset $13,000 Step 6. Efile 2012 taxes   Sam's NOL deduction $18,000 Joint MTI to be offset − 13,000 Sam's carryover to 2012 $5,000 Joint carryover to 2012 $5,000 Sam's carryover − 5,000 Wanda's carryover to 2012 $-0- Wanda's $2,000 NOL deduction offsets $2,000 of her $3,750 share of the joint modified taxable income and is completely used up. Efile 2012 taxes She has no carryover to 2012. Efile 2012 taxes Sam's $18,000 NOL deduction offsets all of his $11,250 share of joint modified taxable income and the remaining $1,750 of Wanda's share. Efile 2012 taxes His carryover to 2012 is $5,000. Efile 2012 taxes Illustrated Form 1045 The following example illustrates how to use Form 1045 to claim an NOL deduction in a carryback year. Efile 2012 taxes It includes a filled-in page 1 of Form 1045. Efile 2012 taxes Example. Efile 2012 taxes Martha Sanders is a self-employed contractor. Efile 2012 taxes Martha's 2013 deductions are more than her 2013 income because of a business loss. Efile 2012 taxes She uses Form 1045 to carry back her NOL 2 years and claim an NOL deduction in 2011. Efile 2012 taxes Her filing status in both years was single. Efile 2012 taxes See the filled-in Form 1045 later. Efile 2012 taxes Martha figures her 2013 NOL on Form 1045, Schedule A (not shown). Efile 2012 taxes (For an example using Form 1045, Schedule A, see Illustrated Form 1045, Schedule A under How To Figure an NOL , earlier. Efile 2012 taxes ) She enters the $10,000 NOL from Form 1045, Schedule A, line 25, on Form 1045, line 1a. Efile 2012 taxes Martha completes lines 10 through 25, using the “Before carryback” column under the column for the second preceding tax year ended 12/31/11 on page 1 of Form 1045 using the following amounts from her 2011 return. Efile 2012 taxes 2011 Adjusted gross income $50,000 Itemized deductions:     Medical expenses [$6,000 − ($50,000 × 7. Efile 2012 taxes 5%)] $2,250   State income tax + 2,000   Real estate tax + 4,000   Home mortgage interest + 5,000   Total itemized deductions $13,250 Exemption $3,700 Income tax $4,550 Self-employment tax $6,120   Martha refigures her taxable income for 2011 after carrying back her 2013 NOL as follows: 2011 Adjusted gross income $50,000 Less:     NOL from 2013 −10,000 2011 Adjusted gross income after carryback $40,000 Less:     Itemized deductions:     Medical expenses [$6,000 − ($40,000 × 7. Efile 2012 taxes 5%)] $3,000   State income tax + 2,000   Real estate tax + 4,000   Home mortgage interest + 5,000   Total itemized deductions −14,000 Less:     Exemption − 3,700 2011 Taxable income after carryback $22,300 Martha then completes lines 10 through 25, using the “After carryback” column under the column for the second preceding tax year ended 12/31/11. Efile 2012 taxes On line 10, Martha enters her $10,000 NOL deduction. Efile 2012 taxes Her new adjusted gross income on line 11 is $40,000 ($50,000 − $10,000). Efile 2012 taxes To complete line 12, she must refigure her medical expense deduction using her new adjusted gross income. Efile 2012 taxes Her refigured medical expense deduction is $3,000 [$6,000 − ($40,000 × 7. Efile 2012 taxes 5%)]. Efile 2012 taxes This increases her total itemized deductions to $14,000 [$13,250 + ($3,000 − $2,250)]. Efile 2012 taxes Martha uses her refigured taxable income ($22,300) from line 15, and the tax tables in her 2011 Form 1040 instructions to find her income tax. Efile 2012 taxes She enters the new amount, $2,924, on line 16, and her new total tax liability, $9,044, on line 25. Efile 2012 taxes Martha used up her $10,000 NOL in 2011 so she does not complete a column for the first preceding tax year ended 12/31/2012. Efile 2012 taxes The decrease in tax because of her NOL deduction (line 27) is $1,612. Efile 2012 taxes Martha files Form 1045 after filing her 2013 return, but no later than December 31, 2014. Efile 2012 taxes She mails it to the Internal Revenue Service Center for the place where she lives as shown in the 2013 instructions for Form 1040 and attaches a copy of her 2013 return (including the applicable forms and schedules). Efile 2012 taxes This image is too large to be displayed in the current screen. Efile 2012 taxes Please click the link to view the image. Efile 2012 taxes Form 1045, page 1 How To Figure an NOL Carryover If your NOL is more than your taxable income for the year to which you carry it (figured before deducting the NOL), you may have an NOL carryover. Efile 2012 taxes You must make certain modifications to your taxable income to determine how much NOL you will use up in that year and how much you can carry over to the next tax year. Efile 2012 taxes Your carryover is the excess of your NOL deduction over your modified taxable income for the carryback or carryforward year. Efile 2012 taxes If your NOL deduction includes more than one NOL, apply the NOLs against your modified taxable income in the same order in which you incurred them, starting with the earliest. Efile 2012 taxes Modified taxable income. Efile 2012 taxes   Your modified taxable income is your taxable income figured with the following changes. Efile 2012 taxes You cannot claim an NOL deduction for the NOL carryover you are figuring or for any later NOL. Efile 2012 taxes You cannot claim a deduction for capital losses in excess of your capital gains. Efile 2012 taxes Also, you must increase your taxable income by the amount of any section 1202 exclusion. Efile 2012 taxes You cannot claim the domestic production activities deduction. Efile 2012 taxes You cannot claim a deduction for your exemptions for yourself, your spouse, or dependents. Efile 2012 taxes You must figure any item affected by the amount of your adjusted gross income after making the changes in (1), (2), and (3), above, and certain other changes to your adjusted gross income that result from (1), (2), and (3). Efile 2012 taxes This includes income and deduction items used to figure adjusted gross income (for example, IRA deductions), as well as certain itemized deductions. Efile 2012 taxes To figure a charitable contribution deduction, do not include deductions for NOL carrybacks in the change in (1) but do include deductions for NOL carryforwards from tax years before the NOL year. Efile 2012 taxes   Your taxable income as modified cannot be less than zero. Efile 2012 taxes Form 1045, Schedule B. Efile 2012 taxes   You can use Form 1045, Schedule B, to figure your modified taxable income for carryback years and your carryover from each of those years. Efile 2012 taxes Do not use Form 1045, Schedule B, for a carryforward year. Efile 2012 taxes If your 2013 return includes an NOL deduction from an NOL year before 2013 that reduced your taxable income to zero (to less than zero, if an estate or trust), see NOL Carryover From 2013 to 2014 , later. Efile 2012 taxes Illustrated Form 1045, Schedule B The following example illustrates how to figure an NOL carryover from a carryback year. Efile 2012 taxes It includes a filled-in Form 1045, Schedule B. Efile 2012 taxes Example. Efile 2012 taxes Ida Brown runs a small clothing shop. Efile 2012 taxes In 2013, she has an NOL of $36,000 that she carries back to 2011. Efile 2012 taxes She has no other carrybacks or carryforwards to 2011. Efile 2012 taxes Ida's adjusted gross income in 2011 was $35,000, consisting of her salary of $36,000 minus a $1,000 capital loss deduction. Efile 2012 taxes She is single and claimed only one personal exemption of $3,700. Efile 2012 taxes During that year, she gave $1,450 in charitable contributions. Efile 2012 taxes Her medical expenses were $3,000. Efile 2012 taxes She also deducted $1,650 in taxes and $3,125 in home mortgage interest. Efile 2012 taxes Her deduction for charitable contributions was not limited because her contributions, $1,450, were less than 50% of her adjusted gross income. Efile 2012 taxes The deduction for medical expenses was limited to expenses over 7. Efile 2012 taxes 5% of adjusted gross income (. Efile 2012 taxes 075 × $35,000 = $2,625; $3,000 − $2,625 = $375). Efile 2012 taxes The deductions for taxes and home mortgage interest were not subject to any limits. Efile 2012 taxes She was able to claim $6,600 ($1,450 + $375 + $1,650 + $3,125) in itemized deductions and a personal exemption deduction of $3,700 for 2011. Efile 2012 taxes She had no other deductions in 2011 (except the NOL deduction). Efile 2012 taxes Her taxable income (figured without the NOL deduction) for the year was $24,700. Efile 2012 taxes Ida's adjusted gross income in 2012 was $9,325, consisting of net business income from the clothing shop of $12,325 and a net capital loss of $3,000. Efile 2012 taxes She did not itemize her deductions in 2012. Efile 2012 taxes She deducted the standard deduction of $5,950 and the personal exemption deduction of $3,800. Efile 2012 taxes She had no other deductions in 2012 (other than the NOL deduction). Efile 2012 taxes Her taxable income, therefore, was ($425). Efile 2012 taxes Ida's $36,000 carryback will result in her having 2011 taxable income of zero. Efile 2012 taxes She then completes the column for the second preceding tax year ended 12/31/11 on Form 1045, Schedule B, to figure how much of her NOL she uses up in 2011 and how much she can carry over to 2012. Efile 2012 taxes She completes the column for the first preceding tax year ended 12/31/12. Efile 2012 taxes See the illustrated Form 1045, Schedule B , shown later. Efile 2012 taxes Column 1, line 1. Efile 2012 taxes Ida enters $36,000, her 2013 net operating loss, on line 1. Efile 2012 taxes Column 1, line 2. Efile 2012 taxes She enters $24,700, her 2011 taxable income (figured without the NOL deduction), on line 2. Efile 2012 taxes Column 1, line 3. Efile 2012 taxes Ida enters her net capital loss deduction of $1,000 on line 3. Efile 2012 taxes Column 1, lines 4 and 5. Efile 2012 taxes Ida had no section 1202 exclusion or domestic production activities deduction in 2011. Efile 2012 taxes She enters zero on lines 4 and 5. Efile 2012 taxes Column 1, line 6. Efile 2012 taxes Although Ida's entry on line 3 modifies her adjusted gross income, that does not affect any other items included in her adjusted gross income. Efile 2012 taxes Ida enters zero on line 6. Efile 2012 taxes Column 1, line 7. Efile 2012 taxes Ida had itemized deductions and entered $1,000 on line 3, so she completes lines 11 through 38 to figure her adjustment to itemized deductions. Efile 2012 taxes On line 7, she enters the total adjustment from line 38. Efile 2012 taxes Column 1, line 8. Efile 2012 taxes Ida enters the deduction for her personal exemption of $3,700 for 2011. Efile 2012 taxes Column 1, line 9. Efile 2012 taxes After combining lines 2 through 8, Ida's modified taxable income is $29,475. Efile 2012 taxes Column 1, line 10. Efile 2012 taxes Ida figures her carryover to 2012 by subtracting her modified taxable income (line 9) from her NOL deduction (line 1). Efile 2012 taxes She enters the $6,525 carryover on line 10. Efile 2012 taxes She also enters the $6,525 as her NOL deduction for 2012 on Form 1045, page 1, line 10, in the “After carryback” column under the column for the first preceding tax year ended 12/31/12. Efile 2012 taxes (For an illustrated example of page 1 of Form 1045, see Illustrated Form 1045 under How To Claim an NOL Deduction , earlier. Efile 2012 taxes ) Next, Ida completes column 2 for the first preceding tax year ended 12/31/12. Efile 2012 taxes Column 1, line 11. Efile 2012 taxes Ida's adjusted gross income for 2011 was $35,000. Efile 2012 taxes Column 1, line 12. Efile 2012 taxes She adds lines 3 through 6 and enters $1,000 on line 12. Efile 2012 taxes (This is her net capital loss deduction added back, which modifies her adjusted gross income. Efile 2012 taxes ) Column 1, line 13. Efile 2012 taxes Her modified adjusted gross income for 2011 is now $36,000. Efile 2012 taxes Column 1, line 14. Efile 2012 taxes On her 2011 tax return, she deducted $375 as medical expenses. Efile 2012 taxes Column 1, line 15. Efile 2012 taxes Her actual medical expenses were $3,000. Efile 2012 taxes Column 1, line 16. Efile 2012 taxes She multiplies her modified adjusted gross income, $36,000, by . Efile 2012 taxes 075. Efile 2012 taxes She enters $2,700 on line 16. Efile 2012 taxes Column 1, line 17. Efile 2012 taxes She substracts $2,700 from her actual medical expenses, $3,000. Efile 2012 taxes She enters $300 on line 17. Efile 2012 taxes This is her modified medical deduction. Efile 2012 taxes Column 1, line 18. Efile 2012 taxes The difference between her medical deduction and her modified medical deduction is $75. Efile 2012 taxes She enters this on line 18. Efile 2012 taxes Column 1, lines 19 through 21. Efile 2012 taxes Ida had no deduction for qualified mortgage insurance premiums in 2011. Efile 2012 taxes She skips lines 19 and 20 and enters zero on line 21. Efile 2012 taxes Column 1, line 22. Efile 2012 taxes She enters her modified adjusted gross income of $36,000 on line 22. Efile 2012 taxes Column 1, line 23. Efile 2012 taxes She had no other carrybacks to 2011 and enters zero on line 23. Efile 2012 taxes Column 1, line 24. Efile 2012 taxes Her modified adjusted gross income remains $36,000. Efile 2012 taxes Column 1, line 25. Efile 2012 taxes Her actual contributions for 2011 were $1,450, which she enters on line 25. Efile 2012 taxes Column 1, line 26. Efile 2012 taxes She now refigures her charitable contributions based on her modified adjusted gross income. Efile 2012 taxes Her contributions are well below the 50% limit, so she enters $1,450 on line 26. Efile 2012 taxes Column 1, line 27. Efile 2012 taxes The difference is zero. Efile 2012 taxes Column 1, lines 28 through 37. Efile 2012 taxes Ida had no casualty losses or deductions for miscellaneous items in 2011. Efile 2012 taxes She skips lines 28 through 31 and lines 33 through 36. Efile 2012 taxes Ida enters zero on lines 32 and 37. Efile 2012 taxes Column 1, line 38. Efile 2012 taxes She combines lines 18, 21, 27, 32, and 37 and enters $75 on line 38. Efile 2012 taxes She carries this figure to line 7. Efile 2012 taxes Column 2, line 1. Efile 2012 taxes Ida enters $6,525, the carryback of her 2013 NOL to 2012, from column 1, line 10, on line 1. Efile 2012 taxes Column 2, line 2. Efile 2012 taxes She enters ($425), her 2012 taxable income, on line 2. Efile 2012 taxes Column 2, line 3. Efile 2012 taxes Ida enters her net capital loss deduction of $3,000 on line 3. Efile 2012 taxes Column 2, lines 4 and 5. Efile 2012 taxes Ida had no section 1202 exclusion or domestic production activities deduction in 2012. Efile 2012 taxes She enters zero on lines 4 and 5. Efile 2012 taxes Column 2, line 6. Efile 2012 taxes Although Ida's entry on line 3 modifies her adjusted gross income, that does not affect any other items included in her adjusted gross income. Efile 2012 taxes Ida enters zero on line 6. Efile 2012 taxes Column 2, line 7. Efile 2012 taxes Because Ida did not itemize deductions on her 2012 tax return, she enters zero on line 7. Efile 2012 taxes Column 2, line 8. Efile 2012 taxes Ida enters the deduction for her personal exemption of $3,800 for 2012. Efile 2012 taxes Column 2, line 9. Efile 2012 taxes After combining lines 2 through 8, Ida's modified taxable income is $6,375. Efile 2012 taxes Column 2, line 10. Efile 2012 taxes Ida figures her carryforward to 2014 by subtracting her modified taxable income (line 9) from her NOL deduction (line 1). Efile 2012 taxes She enters the $150 carryover on line 10. Efile 2012 taxes This image is too large to be displayed in the current screen. Efile 2012 taxes Please click the link to view the image. Efile 2012 taxes Form 1045, page 3 This image is too large to be displayed in the current screen. Efile 2012 taxes Please click the link to view the image. Efile 2012 taxes Form 1045, page 4 NOL Carryover From 2013 to 2014 If you had an NOL deduction carried forward from a year prior to 2013 that resulted in your having taxable income on your 2013 return of zero (of less than zero, if an estate or trust), complete Table 1 , Worksheet for NOL Carryover From 2013 to 2014, on the following pages. Efile 2012 taxes It will help you figure your NOL to carry to 2014. Efile 2012 taxes Keep the worksheet for your records. Efile 2012 taxes Worksheet Instructions At the top of the worksheet, enter the NOL year for which you are figuring the carryover. Efile 2012 taxes More than one NOL. Efile 2012 taxes   If your 2013 NOL deduction includes amounts for more than one loss year, complete this worksheet only for one loss year. Efile 2012 taxes To determine which year, start with your earliest NOL and subtract each NOL separately from your taxable income figured without the NOL deduction. Efile 2012 taxes Complete this worksheet for the earliest NOL that results in your having taxable income below zero. Efile 2012 taxes Your NOL carryover to 2014 is the total of the amount on line 10 of the worksheet and all later NOL amounts. Efile 2012 taxes Example. Efile 2012 taxes Your taxable income for 2013 is $5,000 without your $9,000 NOL deduction. Efile 2012 taxes Your NOL deduction includes a $2,000 carryover from 2011 and a $7,000 carryover from 2012. Efile 2012 taxes Subtract your 2011 NOL of $2,000 from $5,000. Efile 2012 taxes This gives you taxable income of $3,000. Efile 2012 taxes Your 2011 NOL is now completely used up. Efile 2012 taxes Subtract your $7,000 2012 NOL from $3,000. Efile 2012 taxes This gives you taxable income of ($4,000). Efile 2012 taxes You now complete the worksheet for your 2012 NOL. Efile 2012 taxes Your NOL carryover to 2014 is the unused part of your 2012 NOL from line 10 of the worksheet. Efile 2012 taxes Line 2. Efile 2012 taxes   Treat your NOL deduction for the NOL year entered at the top of the worksheet and later years as a positive amount. Efile 2012 taxes Add it to your negative taxable income (figured without the NOL deduction). Efile 2012 taxes Enter the result on line 2. Efile 2012 taxes Line 6. Efile 2012 taxes   You must refigure the following income and deductions based on adjusted gross income. Efile 2012 taxes The special allowance for passive activity losses from rental real estate activities. Efile 2012 taxes Taxable social security and tier 1 railroad retirement benefits. Efile 2012 taxes IRA deductions. Efile 2012 taxes Excludable savings bond interest. Efile 2012 taxes Excludable employer-provided adoption benefits. Efile 2012 taxes The student loan interest deduction. Efile 2012 taxes The tuition and fees deduction. Efile 2012 taxes   If none of these items apply to you, enter zero on line 6. Efile 2012 taxes Otherwise, increase your adjusted gross income by the total of lines 3 through 5 and your NOL deduction for the NOL year entered at the top of the worksheet and later years. Efile 2012 taxes Using this increased adjusted gross income, refigure the items that apply, in the order listed above. Efile 2012 taxes Your adjustment for each item is the difference between the refigured amount and the amount included on your return. Efile 2012 taxes Combine the adjustments for previous items with your adjusted gross income before refiguring the next item. Efile 2012 taxes Keep a record of your computations. Efile 2012 taxes   Enter your total adjustments for the above items on line 6. Efile 2012 taxes Line 7. Efile 2012 taxes   Enter zero if you claimed the standard deduction or the amounts on lines 3 through 5 are zero. Efile 2012 taxes Otherwise, use lines 11 through 33 of the worksheet to figure the amount to enter on this line. Efile 2012 taxes Complete only those sections that apply to you. Efile 2012 taxes Estates and trusts. Efile 2012 taxes   Enter zero on line 7 if you did not claim any miscellaneous deductions on Form 1041, line 15c, or a casualty or theft loss. Efile 2012 taxes Otherwise, refigure these deductions by substituting modified adjusted gross income (see below ) for adjusted gross income. Efile 2012 taxes Subtract the recomputed deductions from those claimed on the return. Efile 2012 taxes Enter the result on line 7. Efile 2012 taxes Modified adjusted gross income. Efile 2012 taxes   To refigure miscellaneous itemized deductions of an estate or trust (Form 1041, line 15c), modified adjusted gross income is the total of the following amounts. Efile 2012 taxes The adjusted gross income on the return. Efile 2012 taxes The amounts from lines 3 through 5 of the worksheet. Efile 2012 taxes The exemption amount from Form 1041, line 20. Efile 2012 taxes The NOL deduction for the NOL year entered at the top of the worksheet and for later years. Efile 2012 taxes   To refigure the casualty and theft loss deduction of an estate or trust, modified adjusted gross income is the total of the following amounts. Efile 2012 taxes The adjusted gross income amount you used to figure the deduction claimed on the return. Efile 2012 taxes The amounts from lines 3 through 5 of the worksheet. Efile 2012 taxes The NOL deduction for the NOL year entered at the top of the worksheet and for later years. Efile 2012 taxes Line 11. Efile 2012 taxes   Treat your NOL deduction for the NOL year entered at the top of the worksheet and for later years as a positive amount. Efile 2012 taxes Add it to your adjusted gross income. Efile 2012 taxes Enter the result on line 11. Efile 2012 taxes Line 20. Efile 2012 taxes   Is your modified adjusted gross income from line 13 of this worksheet more than $100,000 ($50,000 if married filing separately)?   □ Yes. Efile 2012 taxes Your deduction is limited. Efile 2012 taxes Refigure your deduction using the Mortgage Insurance Premiums Deduction Worksheet in the 2013 Instructions for Form 1045. Efile 2012 taxes On line 2 of the Mortgage Insurance Premiums Deduction Worksheet, enter the amount from line 13 of this worksheet. Efile 2012 taxes   □ No. Efile 2012 taxes Your deduction is not limited. Efile 2012 taxes Enter the amount from line 19 on line 20 and enter -0- on line 21. Efile 2012 taxes Line 23. Efile 2012 taxes   If you had a contributions carryover from 2012 to 2013 and your NOL deduction includes an amount from an NOL year before 2012, you may have to reduce your contributions carryover. Efile 2012 taxes Reduce the contributions carryover by the amount of any adjustment you made to your 2012 charitable contributions deduction when figuring your NOL carryover to 2013. Efile 2012 taxes Use the reduced contributions carryover to figure the amount to enter on line 23. Efile 2012 taxes Please click here for the text description of the image. Efile 2012 taxes Worksheet for NOL Carryover Worksheet for NOL Carryover (Continued) How To Get Tax Help Whether it's help with a tax issue, preparing your tax return or a need for a free publication or form, get the help you need the way you want it: online, use a smart phone, call or walk in to an IRS office or volunteer site near you. Efile 2012 taxes Free help with your tax return. Efile 2012 taxes   You can get free help preparing your return nationwide from IRS-certified volunteers. Efile 2012 taxes The Volunteer Income Tax Assistance (VITA) program helps low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers. Efile 2012 taxes The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. Efile 2012 taxes Most VITA and TCE sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. Efile 2012 taxes In addition, some VITA and TCE sites provide taxpayers the opportunity to prepare their own return with help from an IRS-certified volunteer. Efile 2012 taxes To find the nearest VITA or TCE site, you can use the VITA Locator Tool on IRS. Efile 2012 taxes gov, download the IRS2Go app, or call 1-800-906-9887. Efile 2012 taxes   As part of the TCE program, AARP offers the Tax-Aide counseling program. Efile 2012 taxes To find the nearest AARP Tax-Aide site, visit AARP's website at www. Efile 2012 taxes aarp. Efile 2012 taxes org/money/taxaide or call 1-888-227-7669. Efile 2012 taxes For more information on these programs, go to IRS. Efile 2012 taxes gov and enter “VITA” in the search box. Efile 2012 taxes Internet. Efile 2012 taxes    IRS. Efile 2012 taxes gov and IRS2Go are ready when you are —24 hours a day, 7 days a week. Efile 2012 taxes Download the free IRS2Go app from the iTunes app store or from Google Play. Efile 2012 taxes Use it to check your refund status, order transcripts of your tax returns or tax account, watch the IRS YouTube channel, get IRS news as soon as it's released to the public, subscribe to filing season updates or daily tax tips, and follow the IRS Twitter news feed, @IRSnews, to get the latest federal tax news, including information about tax law changes and important IRS programs. Efile 2012 taxes Check the status of your 2013 refund with the Where's My Refund? application on IRS. Efile 2012 taxes gov or download the IRS2Go app and select the Refund Status option. Efile 2012 taxes The IRS issues more than 9 out of 10 refunds in less than 21 days. Efile 2012 taxes Using these applications, you can start checking on the status of your return within 24 hours after we receive your e-filed return or 4 weeks after you mail a paper return. Efile 2012 taxes You will also be given a personalized refund date as soon as the IRS processes your tax return and approves your refund. Efile 2012 taxes The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. Efile 2012 taxes Use the Interactive Tax Assistant (ITA) to research your tax questions. Efile 2012 taxes No need to wait on the phone or stand in line. Efile 2012 taxes The ITA is available 24 hours a day, 7 days a week, and provides you with a variety of tax information related to general filing topics, deductions, credits, and income. Efile 2012 taxes When you reach the response screen, you can print the entire interview and the final response for your records. Efile 2012 taxes New subject areas are added on a regular basis. Efile 2012 taxes  Answers not provided through ITA may be found in Tax Trails, one of the Tax Topics on IRS. Efile 2012 taxes gov which contain general individual and business tax information or by searching the IRS Tax Map, which includes an international subject index. Efile 2012 taxes You can use the IRS Tax Map to search publications and instructions by topic or keyword. Efile 2012 taxes The IRS Tax Map integrates forms and publications into one research tool and provides single-point access to tax law information by subject. Efile 2012 taxes When the user searches the IRS Tax Map, they will be provided with links to related content in existing IRS publications, forms and instructions, questions and answers, and Tax Topics. Efile 2012 taxes Coming this filing season, you can immediately view and print for free all 5 types of individual federal tax transcripts (tax returns, tax account, record of account, wage and income statement, and certification of non-filing) using Get Transcript. Efile 2012 taxes You can also ask the IRS to mail a return or an account transcript to you. Efile 2012 taxes Only the mail option is available by choosing the Tax Records option on the IRS2Go app by selecting Mail Transcript on IRS. Efile 2012 taxes gov or by calling 1-800-908-9946. Efile 2012 taxes Tax return and tax account transcripts are generally available for the current year and the past three years. Efile 2012 taxes Determine if you are eligible for the EITC and estimate the amount of the credit with the Earned Income Tax Credit (EITC) Assistant. Efile 2012 taxes Visit Understanding Your IRS Notice or Letter to get answers to questions about a notice or letter you received from the IRS. Efile 2012 taxes If you received the First Time Homebuyer Credit, you can use the First Time Homebuyer Credit Account Look-up tool for information on your repayments and account balance. Efile 2012 taxes Check the status of your amended return using Where's My Amended Return? Go to IRS. Efile 2012 taxes gov and enter Where's My Amended Return? in the search box. Efile 2012 taxes You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. Efile 2012 taxes It can take up to 3 weeks from the date you mailed it to show up in our system. Efile 2012 taxes Make a payment using one of several safe and convenient electronic payment options available on IRS. Efile 2012 taxes gov. Efile 2012 taxes Select the Payment tab on the front page of IRS. Efile 2012 taxes gov for more information. Efile 2012 taxes Determine if you are eligible and apply for an online payment agreement, if you owe more tax than you can pay today. Efile 2012 taxes Figure your income tax withholding with the IRS Withholding Calculator on IRS. Efile 2012 taxes gov. Efile 2012 taxes Use it if you've had too much or too little withheld, your personal situation has changed, you're starting a new job or you just want to see if you're having the right amount withheld. Efile 2012 taxes Determine if you might be subject to the Alternative Minimum Tax by using the Alternative Minimum Tax Assistant on IRS. Efile 2012 taxes gov. Efile 2012 taxes Request an Electronic Filing PIN by going to IRS. Efile 2012 taxes gov and entering Electronic Filing PIN in the search box. Efile 2012 taxes Download forms, instructions and publications, including accessible versions for people with disabilities. Efile 2012 taxes Locate the nearest Taxpayer Assistance Center (TAC) using the Office Locator tool on IRS. Efile 2012 taxes gov, or choose the Contact Us option on the IRS2Go app and search Local Offices. Efile 2012 taxes An employee can answer questions about your tax account or help you set up a payment plan. Efile 2012 taxes Before you visit, check the Office Locator on IRS. Efile 2012 taxes gov, or Local Offices under Contact Us on IRS2Go to confirm the address, phone number, days and hours of operation, and the services provided. Efile 2012 taxes If you have a special need, such as a disability, you can request an appointment. Efile 2012 taxes Call the local number listed in the Office Locator, or look in the phone book under United States Government, Internal Revenue Service. Efile 2012 taxes Apply for an Employer Identification Number (EIN). Efile 2012 taxes Go to IRS. Efile 2012 taxes gov and enter Apply for an EIN in the search box. Efile 2012 taxes Read the Internal Revenue Code, regulations, or other official guidance. Efile 2012 taxes Read Internal Revenue Bulletins. Efile 2012 taxes Sign up to receive local and national tax news and more by email. Efile 2012 taxes Just click on “subscriptions” above the search box on IRS. Efile 2012 taxes gov and choose from a variety of options. Efile 2012 taxes Phone. Efile 2012 taxes    You can call the IRS, or you can carry it in your pocket with the IRS2Go app on your smart phone or tablet. Efile 2012 taxes Download the free IRS2Go app from the iTunes app store or from Google Play. Efile 2012 taxes Call to locate the nearest volunteer help site, 1-800-906-9887 or you can use the VITA Locator Tool on IRS. Efile 2012 taxes gov, or download the IRS2Go app. Efile 2012 taxes Low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. Efile 2012 taxes The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. Efile 2012 taxes Most VITA and TCE sites offer free electronic filing. Efile 2012 taxes Some VITA and TCE sites provide IRS-certified volunteers who can help prepare your tax return. Efile 2012 taxes Through the TCE program, AARP offers the Tax-Aide counseling program; call 1-888-227-7669 to find the nearest Tax-Aide location. Efile 2012 taxes Call the automated Where's My Refund? information hotline to check the status of your 2013 refund 24 hours a day, 7 days a week at 1-800-829-1954. Efile 2012 taxes If you e-file, you can start checking on the status of your return within 24 hours after the IRS receives your tax return or 4 weeks after you've mailed a paper return. Efile 2012 taxes The IRS issues more than 9 out of 10 refunds in less than 21 days. Efile 2012 taxes Where's My Refund? will give you a personalized refund date as soon as the IRS processes your tax return and approves your refund. Efile 2012 taxes Before you call this automated hotline, have your 2013 tax return handy so you can enter your social security number, your filing status, and the exact whole dollar amount of your refund. Efile 2012 taxes The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. Efile 2012 taxes Note, the above information is for our automated hotline. Efile 2012 taxes Our live phone and walk-in assistors can research the status of your refund only if it's been 21 days or more since you filed electronically or more than 6 weeks since you mailed your paper return. Efile 2012 taxes Call the Amended Return Hotline, 1-866-464-2050, to check the status of your amended return. Efile 2012 taxes You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. Efile 2012 taxes It can take up to 3 weeks from the date you mailed it to show up in our system. Efile 2012 taxes Call 1-800-TAX-FORM (1-800-829-3676) to order current-year forms, instructions, publications, and prior-year forms and instructions (limited to 5 years). Efile 2012 taxes You should receive your order within 10 business days. Efile 2012 taxes Call TeleTax, 1-800-829-4477, to listen to pre-recorded messages covering general and business tax information. Efile 2012 taxes If, between January and April 15, you still have questions about the Form 1040, 1040A, or 1040EZ (like filing requirements, dependents, credits, Schedule D, pensions and IRAs or self-employment taxes), call 1-800-829-1040. Efile 2012 taxes Call using TTY/TDD equipment, 1-800-829-4059 to ask tax questions or order forms and publications. Efile 2012 taxes The TTY/TDD telephone number is for people who are deaf, hard of hearing, or have a speech disability. Efile 2012 taxes These individuals can also contact the IRS through relay services such as the Federal Relay Service. Efile 2012 taxes Walk-in. Efile 2012 taxes   You can find a selection of forms, publications and services — in person. Efile 2012 taxes Products. Efile 2012 taxes You can walk in to some post offices, libraries, and IRS offices to pick up certain forms, instructions, and publications. Efile 2012 taxes Some IRS offices, libraries, and city and county government offices have a collection of products available to photocopy from reproducible proofs. Efile 2012 taxes Services. Efile 2012 taxes You can walk in to your local TAC for face-to-face tax help. Efile 2012 taxes An employee can answer questions about your tax account or help you set up a payment plan. Efile 2012 taxes Before visiting, use the Office Locator tool on IRS. Efile 2012 taxes gov, or choose the Contact Us option on the IRS2Go app and search Local Offices for days and hours of operation, and services provided. Efile 2012 taxes Mail. Efile 2012 taxes   You can send your order for forms, instructions, and publications to the address below. Efile 2012 taxes You should receive a response within 10 business days after your request is received. Efile 2012 taxes Internal Revenue Service 1201 N. Efile 2012 taxes Mitsubishi Motorway Bloomington, IL 61705-6613    The Taxpayer Advocate Service Is Here to Help You. Efile 2012 taxes The Taxpayer Advocate Service (TAS) is your voice at the IRS. Efile 2012 taxes Our job is to ensure that every taxpayer is treated fairly and that you know and understand your rights. Efile 2012 taxes   What can TAS do for you? We can offer you free help with IRS problems that you can't resolve on your own. Efile 2012 taxes We know this process can be confusing, but the worst thing you can do is nothing at all! TAS can help if you can't resolve your tax problem and: Your problem is causing financial difficulties for you, your family, or your business. Efile 2012 taxes You face (or your business is facing) an immediate threat of adverse action. Efile 2012 taxes You've tried repeatedly to contact the IRS but no one has responded, or the IRS hasn't responded by the date promised. Efile 2012 taxes   If you qualify for our help, you'll be assigned to one advocate who'll be with you at every turn and will do everything possible to resolve your problem. Efile 2012 taxes Here's why we can help: TAS is an independent organization within the IRS. Efile 2012 taxes Our advocates know how to work with the IRS. Efile 2012 taxes Our services are free and tailored to meet your needs. Efile 2012 taxes We have offices in every state, the District of Columbia, and Puerto Rico. Efile 2012 taxes   How can you reach us? If you think TAS can help you, call your local advocate, whose number is in your local directory and at Taxpayer Advocate, or call us toll-free at 1-877-777-4778. Efile 2012 taxes   How else does TAS help taxpayers?  TAS also works to resolve large-scale, systemic problems that affect many taxpayers. Efile 2012 taxes If you know of one of these broad issues, please report it to us through our Systemic Advocacy Management System. Efile 2012 taxes Low Income Taxpayer Clinics Low Income