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

Electronic File 1040ez

State Tax Forms 2014Ez Tax Form 2011Amend 2009 Tax Return Online FreeFiling A 1040x2013 Tax Booklet 1040ezHr Block FreeFederal Income Tax Instructions 1040ezWww Irs Amended ReturnsIrs Tax Form 10401040ez InstructionsFree H & R Block Tax Filing2012 Irs 1040a InstructionsEz TaxFile An Amended Tax ReturnCan I File My 2012 Taxes NowFile State Tax FreeH And R Block On Line1040nr Software FreeFile State Taxes Free1040 Ez Online FilingI Need To File Taxes For 2011State Income Tax FilingMilitary Tax CreditsFile 2011 Taxes Free OnlinePast Years TaxesAmended Tax ReturnWww Onlinetaxes H&rblock ComIrs Tax AmendmentIncome State Tax FormsEztaxformIrs 2012 Tax Return FormsFree Tax Filing Hr BlockDownload 1040ez Federal Tax FormAmend Tax Return OnlineHow Do I File A Tax ExtensionHnrblock ComFile 1040ezCan I Efile 2012 TaxesFreetaxTax Form 2012

Electronic File 1040ez

Electronic file 1040ez 5. Electronic file 1040ez   Soil and Water Conservation Expenses Table of Contents Introduction Topics - This chapter discusses: Business of Farming Plan Certification Conservation ExpensesWater well. Electronic file 1040ez Assessment by Conservation DistrictAssessment for Depreciable Property 25% Limit on DeductionNet operating loss. Electronic file 1040ez When to Deduct or Capitalize Sale of a Farm Introduction If you are in the business of farming, you can choose to deduct certain expenses for: Soil or water conservation, Prevention of erosion of land used in farming, or Endangered species recovery. Electronic file 1040ez Otherwise, these are capital expenses that must be added to the basis of the land. Electronic file 1040ez (See chapter 6 for information on determining basis. Electronic file 1040ez ) Conservation expenses for land in a foreign country do not qualify for this special treatment. Electronic file 1040ez The deduction for conservation expenses cannot be more than 25% of your gross income from farming. Electronic file 1040ez See 25% Limit on Deduction , later. Electronic file 1040ez Although some expenses are not deductible as soil and water conservation expenses, they may be deductible as ordinary and necessary farm expenses. Electronic file 1040ez These include interest and taxes, the cost of periodically clearing brush from productive land, the regular removal of sediment from a drainage ditch, and expenses paid or incurred primarily to produce an agricultural crop that may also conserve soil. Electronic file 1040ez You must include in income most government payments for approved conservation practices. Electronic file 1040ez However, you can exclude some payments you receive under certain cost-sharing conservation programs. Electronic file 1040ez For more information, see Agricultural Program Payments in chapter 3. Electronic file 1040ez To get the full deduction to which you are entitled, you should maintain your records to clearly distinguish between your ordinary and necessary farm business expenses and your soil and water conservation expenses. Electronic file 1040ez Topics - This chapter discusses: Business of farming Plan certification Conservation expenses Assessment by conservation district 25% limit on deduction When to deduct or capitalize Sale of a farm Business of Farming For purposes of soil and water conservation expenses, you are in the business of farming if you cultivate, operate, or manage a farm for profit, either as an owner or a tenant. Electronic file 1040ez You are not in the business of farming if you cultivate or operate a farm for recreation or pleasure, rather than for profit. Electronic file 1040ez You are not farming if you are engaged only in forestry or the growing of timber. Electronic file 1040ez Farm defined. Electronic file 1040ez   A farm includes livestock, dairy, poultry, fish, fruit, and truck farms. Electronic file 1040ez It also includes plantations, ranches, ranges, and orchards. Electronic file 1040ez A fish farm is an area where fish and other marine animals are grown or raised and artificially fed, protected, etc. Electronic file 1040ez It does not include an area where they are merely caught or harvested. Electronic file 1040ez A plant nursery is a farm for purposes of deducting soil and water conservation expenses. Electronic file 1040ez Farm rental. Electronic file 1040ez   If you own a farm and receive farm rental payments based on farm production, either in cash or crop shares, you are in the business of farming. Electronic file 1040ez If you get cash rental for a farm you own that is not used in farm production, you cannot deduct soil and water conservation expenses for that farm. Electronic file 1040ez   If you receive a fixed rental payment that is not based on farm production, you are in the business of farming only if you materially participate in operating or managing the farm. Electronic file 1040ez Example. Electronic file 1040ez You own a farm in Iowa and live in California. Electronic file 1040ez You rent the farm for $175 in cash per acre and do not materially participate in producing or managing production of the crops grown on the farm. Electronic file 1040ez You cannot deduct your soil conservation expenses for this farm. Electronic file 1040ez You must capitalize the expenses and add them to the basis of the land. Electronic file 1040ez     For more information, see Material participation for landlords under Landlord Participation in Farming in chapter 12. Electronic file 1040ez Plan Certification You can deduct soil and water conservation expenses only if they are consistent with a plan approved by the Natural Resources Conservation Service (NRCS) of the Department of Agriculture. Electronic file 1040ez If no such plan exists, the expenses must be consistent with a soil conservation plan of a comparable state agency. Electronic file 1040ez Keep a copy of the plan with your books and records to support your deductions. Electronic file 1040ez Conservation plan. Electronic file 1040ez   A conservation plan includes the farming conservation practices approved for the area where your farmland is located. Electronic file 1040ez There are three types of approved plans. Electronic file 1040ez NRCS individual site plans. Electronic file 1040ez These plans are issued individually to farmers who request assistance from NRCS to develop a conservation plan designed specifically for their farmland. Electronic file 1040ez NRCS county plans. Electronic file 1040ez These plans include a listing of farm conservation practices approved for the county where the farmland is located. Electronic file 1040ez You can deduct expenses for conservation practices not included on the NRCS county plans only if the practice is a part of an individual site plan. Electronic file 1040ez Comparable state agency plans. Electronic file 1040ez These plans are approved by state agencies and can be approved individual site plans or county plans. Electronic file 1040ez   A list of NRCS conservation programs is available at www. Electronic file 1040ez nrcs. Electronic file 1040ez usda. Electronic file 1040ez gov/programs. Electronic file 1040ez Individual site plans can be obtained from NRCS offices and the comparable state agencies. Electronic file 1040ez Conservation Expenses You can deduct conservation expenses only for land you or your tenant are using, or have used in the past, for farming. Electronic file 1040ez These expenses include, but are not limited to, the following. Electronic file 1040ez The treatment or movement of earth, such as: Leveling, Conditioning, Grading, Terracing, Contour furrowing, and Restoration of soil fertility. Electronic file 1040ez The construction, control, and protection of: Diversion channels, Drainage ditches, Irrigation ditches, Earthen dams, and Watercourses, outlets, and ponds. Electronic file 1040ez The eradication of brush. Electronic file 1040ez The planting of windbreaks. Electronic file 1040ez You cannot deduct expenses to drain or fill wetlands, or to prepare land for center pivot irrigation systems, as soil and water conservation expenses. Electronic file 1040ez These expenses are added to the basis of the land. Electronic file 1040ez If you choose to deduct soil and water conservation expenses, you cannot exclude from gross income any cost-sharing payments you receive for those expenses. Electronic file 1040ez See chapter 3 for information about payments eligible for the cost-sharing exclusion. Electronic file 1040ez New farm or farmland. Electronic file 1040ez   If you acquire a new farm or new farmland from someone who was using it in farming immediately before you acquired the land, soil and water conservation expenses you incur on it will be treated as made on land used in farming at the time the expenses were paid or incurred. Electronic file 1040ez You can deduct soil and water conservation expenses for this land if your use of it is substantially a continuation of its use in farming. Electronic file 1040ez The new farming activity does not have to be the same as the old farming activity. Electronic file 1040ez For example, if you buy land that was used for grazing cattle and then prepare it for use as an apple orchard, you can deduct your conservation expenses. Electronic file 1040ez Land not used for farming. Electronic file 1040ez   If your conservation expenses benefit both land that does not qualify as land used for farming and land that does qualify, you must allocate the expenses between the two types of land. Electronic file 1040ez For example, if the expenses benefit 200 acres of your land, but only 120 acres of this land are used for farming, then you can deduct 60% (120 ÷ 200) of the expenses. Electronic file 1040ez You can use another method to allocate these expenses if you can clearly show that your method is more reasonable. Electronic file 1040ez Depreciable conservation assets. Electronic file 1040ez   You generally cannot deduct your expenses for depreciable conservation assets. Electronic file 1040ez However, you can deduct certain amounts you pay or incur for an assessment for depreciable property that a soil and water conservation or drainage district levies against your farm. Electronic file 1040ez See Assessment for Depreciable Property , later. Electronic file 1040ez   You must capitalize expenses to buy, build, install, or improve depreciable structures or facilities. Electronic file 1040ez These expenses include those for materials, supplies, wages, fuel, hauling, and moving dirt when making structures such as tanks, reservoirs, pipes, culverts, canals, dams, wells, or pumps composed of masonry, concrete, tile, metal, or wood. Electronic file 1040ez You recover your capital investment through annual allowances for depreciation. Electronic file 1040ez   You can deduct soil and water conservation expenses for nondepreciable earthen items. Electronic file 1040ez Nondepreciable earthen items include certain dams, ponds, and terraces described under Property Having a Determinable Useful Life in chapter 7. Electronic file 1040ez Water well. Electronic file 1040ez   You cannot deduct the cost of drilling a water well for irrigation and other agricultural purposes as a soil and water conservation expense. Electronic file 1040ez It is a capital expense. Electronic file 1040ez You recover your cost through depreciation. Electronic file 1040ez You also must capitalize your cost for drilling a test hole. Electronic file 1040ez If the test hole produces no water and you continue drilling, the cost of the test hole is added to the cost of the producing well. Electronic file 1040ez You can recover the total cost through depreciation deductions. Electronic file 1040ez   If a test hole, dry hole, or dried-up well (resulting from prolonged lack of rain, for instance) is abandoned, you can deduct your unrecovered cost in the year of abandonment. Electronic file 1040ez Abandonment means that all economic benefits from the well are terminated. Electronic file 1040ez For example, filling or sealing a well excavation or casing so that all economic benefits from the well are terminated constitutes an abandonment. Electronic file 1040ez Endangered species recovery expenses. Electronic file 1040ez   If you are in the business of farming and meet other specific requirements, you can choose to deduct the conservation expenses discussed earlier as endangered species recovery expenses. Electronic file 1040ez Otherwise, these are capital expenses that must be added to the basis of the land. Electronic file 1040ez   The expenses must be paid or incurred for the purpose of achieving site-specific management actions recommended in a recovery plan approved under section 4(f) of the Endangered Species Act of 1973. Electronic file 1040ez See Internal Revenue Code section 175 for more information. Electronic file 1040ez Assessment by Conservation District In some localities, a soil or water conservation or drainage district incurs expenses for soil or water conservation and levies an assessment against the farmers who benefit from the expenses. Electronic file 1040ez You can deduct as a conservation expense amounts you pay or incur for the part of an assessment that: Covers expenses you could deduct if you had paid them directly, or Covers expenses for depreciable property used in the district's business. Electronic file 1040ez Assessment for Depreciable Property You generally can deduct as a conservation expense amounts you pay or incur for the part of a conservation or drainage district assessment that covers expenses for depreciable property. Electronic file 1040ez This includes items such as pumps, locks, concrete structures (including dams and weir gates), draglines, and similar equipment. Electronic file 1040ez The depreciable property must be used in the district's soil and water conservation activities. Electronic file 1040ez However, the following limits apply to these assessments. Electronic file 1040ez The total assessment limit. Electronic file 1040ez The yearly assessment limit. Electronic file 1040ez After you apply these limits, the amount you can deduct is added to your other conservation expenses for the year. Electronic file 1040ez The total for these expenses is then subject to the 25% of gross income from farming limit on the deduction, discussed later. Electronic file 1040ez See Table 5-1 for a brief summary of these limits. Electronic file 1040ez Table 5-1. Electronic file 1040ez Limits on Deducting an Assessment by a Conservation District for Depreciable Property Total Limit on Deduction for Assessment for Depreciable Property Yearly Limit on Deduction for Assessment for Depreciable Property Yearly Limit for All Conservation Expenses 10% of: $500 + 10% of: 25% of: Total assessment against all members of the district for the property. Electronic file 1040ez Your deductible share of the cost to the district for the property. Electronic file 1040ez Your gross income from farming. Electronic file 1040ez No one taxpayer can deduct more than 10% of the total assessment. Electronic file 1040ez Any amount over 10% is a capital expense and is added to the basis of your land. Electronic file 1040ez If an assessment is paid in installments, each payment must be prorated between the conservation expense and the capital expense. Electronic file 1040ez If the amount you pay or incur for any year is more than the limit, you can deduct for that year only 10% of your deductible share of the cost. Electronic file 1040ez You can deduct the remainder in equal amounts over the next 9 tax years. Electronic file 1040ez Limit for all conservation expenses, including assessments for depreciable property. Electronic file 1040ez Amounts greater than 25% can be carried to the following year and added to that year's expenses. Electronic file 1040ez The total is then subject to the 25% of gross income from farming limit in that year. Electronic file 1040ez To ensure your deduction is within the deduction limits, keep records to show the following. Electronic file 1040ez The total assessment against all members of the district for the depreciable property. Electronic file 1040ez Your deductible share of the cost to the district for the depreciable property. Electronic file 1040ez Your gross income from farming. Electronic file 1040ez Total assessment limit. Electronic file 1040ez   You cannot deduct more than 10% of the total amount assessed to all members of the conservation or drainage district for the depreciable property. Electronic file 1040ez This applies whether you pay the assessment in one payment or in installments. Electronic file 1040ez If your assessment is more than 10% of the total amount assessed, both the following rules apply. Electronic file 1040ez The amount over 10% is a capital expense and is added to the basis of your land. Electronic file 1040ez If the assessment is paid in installments, each payment must be prorated between the conservation expense and the capital expense. Electronic file 1040ez Yearly assessment limit. Electronic file 1040ez   The maximum amount you can deduct in any one year is the total of 10% of your deductible share of the cost as explained earlier, plus $500. Electronic file 1040ez If the amount you pay or incur is equal to or less than the maximum amount, you can deduct it in the year it is paid or incurred. Electronic file 1040ez If the amount you pay or incur is more, you can deduct in that year only 10% of your deductible share of the cost. Electronic file 1040ez You can deduct the remainder in equal amounts over the next 9 tax years. Electronic file 1040ez Your total conservation expense deduction for each year is also subject to the 25% of gross income from farming limit on the deduction, discussed later. Electronic file 1040ez Example 1. Electronic file 1040ez This year, the soil conservation district levies and you pay an assessment of $2,400 against your farm. Electronic file 1040ez Of the assessment, $1,500 is for digging drainage ditches. Electronic file 1040ez You can deduct this part as a soil or conservation expense as if you had paid it directly. Electronic file 1040ez The remaining $900 is for depreciable equipment to be used in the district's irrigation activities. Electronic file 1040ez The total amount assessed by the district against all its members for the depreciable equipment is $7,000. Electronic file 1040ez The total amount you can deduct for the depreciable equipment is limited to 10% of the total amount assessed by the district against all its members for depreciable equipment, or $700. Electronic file 1040ez The $200 excess ($900 − $700) is a capital expense you must add to the basis of your farm. Electronic file 1040ez To figure the maximum amount you can deduct for the depreciable equipment this year, multiply your deductible share of the total assessment ($700) by 10%. Electronic file 1040ez Add $500 to the result for a total of $570. Electronic file 1040ez Your deductible share, $700, is greater than the maximum amount deductible in one year, so you can deduct only $70 of the amount you paid or incurred for depreciable property this year (10% of $700). Electronic file 1040ez You can deduct the balance at the rate of $70 a year over the next 9 years. Electronic file 1040ez You add $70 to the $1,500 portion of the assessment for drainage ditches. Electronic file 1040ez You can deduct $1,570 of the $2,400 assessment as a soil and water conservation expense this year, subject to the 25% of gross income from farming limit on the deduction, discussed later. Electronic file 1040ez Example 2. Electronic file 1040ez Assume the same facts in Example 1 except that $1,850 of the $2,400 assessment is for digging drainage ditches and $550 is for depreciable equipment. Electronic file 1040ez The total amount assessed by the district against all its members for depreciable equipment is $5,500. Electronic file 1040ez The total amount you can deduct for the depreciable equipment is limited to 10% of this amount, or $550. Electronic file 1040ez The maximum amount you can deduct this year for the depreciable equipment is $555 (10% of your deductible share of the total assessment, $55, plus $500). Electronic file 1040ez Since your deductible share is less than the maximum amount deductible in one year, you can deduct the entire $550 this year. Electronic file 1040ez You can deduct the entire assessment, $2,400, as a soil and water conservation expense this year, subject to the 25% of gross income from farming limit on the deduction, discussed below. Electronic file 1040ez Sale or other disposal of land during 9-year period. Electronic file 1040ez   If you dispose of the land during the 9-year period for deducting conservation expenses subject to the yearly limit, any amounts you have not yet deducted because of this limit are added to the basis of the property. Electronic file 1040ez Death of farmer during 9-year period. Electronic file 1040ez   If a farmer dies during the 9-year period, any remaining amounts not yet deducted are deducted in the year of death. Electronic file 1040ez 25% Limit on Deduction The total deduction for conservation expenses in any tax year is limited to 25% of your gross income from farming for the year. Electronic file 1040ez Gross income from farming. Electronic file 1040ez   Gross income from farming is the income you derive in the business of farming from the production of crops, fish, fruits, other agricultural products, or livestock. Electronic file 1040ez Gains from sales of draft, breeding, or dairy livestock are included. Electronic file 1040ez Gains from sales of assets such as farm machinery, or from the disposition of land, are not included. Electronic file 1040ez Carryover of deduction. Electronic file 1040ez   If your deductible conservation expenses in any year are more than 25% of your gross income from farming for that year, you can carry the unused deduction over to later years. Electronic file 1040ez However, the deduction in any later year is limited to 25% of the gross income from farming for that year as well. Electronic file 1040ez Example. Electronic file 1040ez In 2012, you have gross income of $32,000 from two farms. Electronic file 1040ez During the year, you incurred $10,000 of deductible soil and water conservation expenses for one of the farms. Electronic file 1040ez However, your deduction is limited to 25% of $32,000, or $8,000. Electronic file 1040ez The $2,000 excess ($10,000 − $8,000) is carried over to 2013 and added to deductible soil and water conservation expenses made in that year. Electronic file 1040ez The total of the 2012 carryover plus 2013 expenses is deductible in 2013, subject to the limit of 25% of your gross income from farming in 2013. Electronic file 1040ez Any expenses over the limit in that year are carried to 2014 and later years. Electronic file 1040ez Net operating loss. Electronic file 1040ez   The deduction for soil and water conservation expenses, after applying the 25% limit, is included when figuring a net operating loss (NOL) for the year. Electronic file 1040ez If the NOL is carried to another year, the soil and water conservation deduction included in the NOL is not subject to the 25% limit in the year to which it is carried. Electronic file 1040ez When to Deduct or Capitalize If you choose to deduct soil and water conservation expenses, you must deduct the total allowable amount on your tax return for the first year you pay or incur these expenses. Electronic file 1040ez If you do not choose to deduct the expenses, you must capitalize them. Electronic file 1040ez Change of method. Electronic file 1040ez   If you want to change your method for the treatment of soil and water conservation expenses, or you want to treat the expenses for a particular project or a single farm in a different manner, you must get the approval of the IRS. Electronic file 1040ez To get this approval, submit a written request by the due date of your return for the first tax year you want the new method to apply. Electronic file 1040ez You or your authorized representative must sign the request. Electronic file 1040ez   The request must include the following information. Electronic file 1040ez Your name and address. Electronic file 1040ez The first tax year the method or change of method is to apply. Electronic file 1040ez Whether the method or change of method applies to all your soil and water conservation expenses or only to those for a particular project or farm. Electronic file 1040ez If the method or change of method does not apply to all your expenses, identify the project or farm to which the expenses apply. Electronic file 1040ez The total expenses you paid or incurred in the first tax year the method or change of method is to apply. Electronic file 1040ez A statement that you will account separately in your books for the expenses to which this method or change of method relates. Electronic file 1040ez Send your request to the following  address. Electronic file 1040ez  Department of the Treasury Internal Revenue Service Center Cincinnati, OH 45999  For more information, see Change in  Accounting Method in chapter 2. Electronic file 1040ez Sale of a Farm If you sell your farm, you cannot adjust the basis of the land at the time of the sale for any unused carryover of soil and water conservation expenses (except for deductions of assessments for depreciable property, discussed earlier). Electronic file 1040ez However, if you acquire another farm and return to the business of farming, you can start taking deductions again for the unused carryovers. Electronic file 1040ez Gain on sale of farmland. Electronic file 1040ez   If you held the land 5 years or less before you sold it, gain on the sale of the land is treated as ordinary income up to the amount you previously deducted for soil and water conservation expenses. Electronic file 1040ez If you held the land less than 10 but more than 5 years, the gain is treated as ordinary income up to a specified percentage of the previous deductions. Electronic file 1040ez See Section 1252 property under Other Gains in chapter 9. Electronic file 1040ez Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Stakeholder Liaison Local Contacts

Stakeholder Liaison establishes relationships with practitioner and industry organizations representing small business and self-employed taxpayers. We provide information about the policies, practices and procedures the IRS uses to ensure compliance with the tax laws. We also elevate issues that affect tax administration. To establish a relationship with us or report an issue, use this list to find a contact in your state.

Please note, the contacts on this page are intended for practitioner and industry stakeholders, not to respond to tax law questions. For tax law questions, please refer to the “Help and Resources” tab on the irs.gov home page.

Stakeholder Liaison Area Phone Email
Mid-Atlantic - PA, NJ, DE, WV, CT, ME, VT, RI (412) 395-5243 cassandra.l.hellmann@irs.gov
New York - NY, MA, NH (212) 436-1638 sbse.sl.newyork@irs.gov
Great Lakes - IN, MI, OH (216) 522-2563 sbse.sl.great.lakes@irs.gov
Midwest - MN, MT, WI, ND, SD, IA (651) 312-7836 betty.l.mueller@irs.gov
Southwest - AZ, TX, NM (513) 263-4092 sl.southwest@irs.gov
Central - IL, MO, KS, NE, OK (412) 395-5243 cassandra.l.hellmann@irs.gov
Mid-South - KY, TN, AL, MS, AR, LA (405) 297-4045 patricia.y.wright@irs.gov
Southeast - FL, GA, PR (954) 423-7686 cheri.kirsch@irs.gov
South Atlantic - MD, VA, NC, SC, DC (336) 574-6311 terza.d.lowdermilk@irs.gov
Northwest - AK, CO, WA, OR, UT, ID, WY (206) 220-5300 sl.northwest@irs.gov
Western - CA, HI, NV (510) 637-4541 sbse.sl.western.area@irs.gov

 

Please feel free to download and print Stakeholder Liaison Local Contacts list. (PDF)

Page Last Reviewed or Updated: 30-Aug-2013

The Electronic File 1040ez

Electronic file 1040ez 34. Electronic file 1040ez   Crédito Tributario por Hijos Table of Contents Introduction Useful Items - You may want to see: Hijo Calificado Cantidad de CréditoLímites del Crédito Cómo Reclamar el Crédito Crédito Tributario Adicional por Hijos Cómo Completar el Anexo 8812 (Formulario 1040A o Formulario 1040)Parte I Partes II a IV Introduction El crédito tributario por hijos es un crédito que puede reducir su impuesto hasta $1,000 por cada uno de sus hijos calificados. Electronic file 1040ez El crédito tributario adicional por hijos es un crédito que podría tomar en el caso de que no pueda reclamar la cantidad completa del crédito tributario por hijos. Electronic file 1040ez Este capítulo le explica lo siguiente: Quién es un hijo calificado. Electronic file 1040ez La cantidad del crédito. Electronic file 1040ez Cómo se puede reclamar el crédito. Electronic file 1040ez El crédito tributario por hijos y el crédito tributario adicional por hijos no deben confundirse con el crédito por gastos del cuidado de menores y dependientes, el cual se explica en el capítulo 32. Electronic file 1040ez Si no está sujeto al pago de impuestos. Electronic file 1040ez   Algunos créditos, tales como el crédito tributario por hijos o el crédito por gastos del cuidado de menores y dependientes, se usan para reducir el impuesto. Electronic file 1040ez Si la cantidad del impuesto en la línea 46 del Formulario 1040 o en la línea 28 del Formulario 1040A es cero, no calcule el crédito tributario por hijos ya que no hay impuesto que se pueda reducir. Electronic file 1040ez Sin embargo, podría reunir los requisitos para el crédito tributario adicional por hijos en la línea 65 (Formulario 1040) o en la línea 39 (Formulario 1040A). Electronic file 1040ez Useful Items - You may want to see: Publicación 972 Child Tax Credit (Crédito tributario por hijos), en inglés Formulario (e Instrucciones) Anexo 8812   (Formulario 1040A o 1040) Child Tax Credit (Crédito tributario por hijos), en inglés W-4(SP) Certificado de Exención de Retenciones del Empleado W-4 Employee's Withholding Allowance Certificate (Certificado de exención de retenciones del empleado), en inglés Hijo Calificado Un hijo calificado, para propósitos del crédito tributario por hijos, es aquél que: Es su hijo o hija, hijastro o hijastra, hijo de crianza, hermano o hermana, hermanastro o hermanastra o descendiente de cualquiera de ellos (por ejemplo, su nieto, nieta, sobrina o sobrino), Tenía menos de 17 años de edad al finalizar el año 2013, No proveyó más de la mitad de su propia manutención durante el año 2013, Vivió con usted durante más de la mitad del año 2013 (vea Excepciones al tiempo vivido con usted , más adelante), Fue reclamado como dependiente en la declaración de usted, No presenta una declaración conjunta para el año (o la presenta solamente para reclamar un reembolso), y Era ciudadano, nacional o residente de los Estados Unidos. Electronic file 1040ez Si el hijo fue adoptado, vea Hijo adoptivo , más adelante. Electronic file 1040ez Para cada hijo calificado, tiene que marcar el recuadro que aparece en la línea 6c del Formulario 1040 o del Formulario 1040A. Electronic file 1040ez Ejemplo 1. Electronic file 1040ez Su hijo cumplió 17 años de edad el día 30 de diciembre del año 2013. Electronic file 1040ez Él es ciudadano de los Estados Unidos y usted lo declara como dependiente en la declaración de impuestos. Electronic file 1040ez Su hijo no es hijo calificado para el crédito tributario por hijos porque no tenía menos de 17 años de edad al finalizar el año 2013. Electronic file 1040ez Ejemplo 2. Electronic file 1040ez Su hija cumplió 8 años en el año 2013. Electronic file 1040ez Ella no es ciudadana de los Estados Unidos, tiene un ITIN y vivió en México durante todo el año 2013. Electronic file 1040ez Ella no es un hijo calificado para el crédito tributario por hijos debido a que no fue residente de los Estados Unidos en 2013. Electronic file 1040ez Contribuyentes que tienen determinados hijos dependientes con un número de identificación personal del contribuyente (ITIN, por sus siglas en inglés). Electronic file 1040ez   Si está reclamando un crédito tributario por hijos o un crédito tributario adicional por hijos basándose en un hijo que identificó en su declaración de impuestos con un número de identificación personal del contribuyente (ITIN, por sus siglas en inglés), en lugar de un número de Seguro Social (SSN, por sus siglas en inglés), tiene que completar la Parte I del Anexo 8812 (Formulario 1040A o 1040). Electronic file 1040ez   Aun si su hijo es dependiente suyo, sólo puede reclamar un crédito tributario por hijos o un crédito tributario adicional por hijos basándose en un dependiente que sea ciudadano, nacional o residente de los Estados Unidos. Electronic file 1040ez Para ser tratado como residente de los Estados Unidos, un hijo normalmente tiene que cumplir el requisito de presencia sustancial. Electronic file 1040ez Para más información sobre el requisito de presencia sustancial, vea la Publicación 519, U. Electronic file 1040ez S. Electronic file 1040ez Tax Guide for Aliens (Guía sobre los impuestos federales estadounidenses para extranjeros), en inglés. Electronic file 1040ez Hijo adoptivo. Electronic file 1040ez   A un hijo adoptivo siempre se le trata como si fuera su hijo. Electronic file 1040ez Un hijo adoptivo incluye un niño colocado en su hogar por una agencia autorizada, con la intención de que sea legalmente adoptado. Electronic file 1040ez   Si usted es ciudadano o nacional de los EE. Electronic file 1040ez UU. Electronic file 1040ez y su hijo adoptivo vivió con usted como integrante de su unidad familiar durante todo el año en 2013, dicho hijo cumple el requisito (7), anteriormente, para ser un hijo calificado para propósitos del crédito tributario por hijos. Electronic file 1040ez Excepciones al tiempo vivido con usted. Electronic file 1040ez   Se considera que un hijo vivió con usted más de la mitad del año 2013 si nació o murió en el año 2013, y su hogar (el de usted) fue el hogar del hijo más de la mitad del tiempo en el cual estuvo vivo. Electronic file 1040ez Las ausencias temporales por usted o su hijo debidas a circunstancias especiales, tales como las ausencias por educación, vacaciones, negocios, atención médica, servicio militar o estancia en un centro de detención para delincuentes juveniles cuentan como tiempo que el hijo vivió con usted. Electronic file 1040ez   También hay excepciones para hijos secuestrados e hijos de padres divorciados o separados. Electronic file 1040ez Para detalles, vea Requisito de Residencia , en el capítulo 3. Electronic file 1040ez Hijo calificado de más de una persona. Electronic file 1040ez   Se aplica una regla especial si su hijo calificado es el hijo calificado de más de una persona. Electronic file 1040ez Para detalles, vea Requisito Especial para el Hijo Calificado de Más de una Persona , en el capítulo 3. Electronic file 1040ez Cantidad de Crédito La cantidad máxima de crédito que puede reclamar es $1,000 por cada hijo calificado. Electronic file 1040ez Límites del Crédito Usted tiene que reducir su crédito tributario por hijos si la condición (1) o la condición (2) le corresponde: La cantidad de la línea 46 (Formulario 1040) o de la línea 28 (Formulario 1040A) es menor que el crédito. Electronic file 1040ez Si esta cantidad es cero, no puede reclamar este crédito porque no hay impuesto que se pueda reducir. Electronic file 1040ez Sin embargo, es posible que pueda tomar el crédito tributario adicional por hijos. Electronic file 1040ez Vea Crédito Tributario Adicional por Hijos , más adelante. Electronic file 1040ez Su ingreso bruto ajustado (AGI, por sus siglas en inglés) modificado es mayor que la cantidad que se indica a continuación para su estado civil para efectos de la declaración. Electronic file 1040ez Casados que presentan una declaración conjunta: $110,000. Electronic file 1040ez Soltero, cabeza de familia o viudo que reúne los requisitos: $75,000. Electronic file 1040ez Casados que presentan la declaración por separado: $55,000. Electronic file 1040ez Ingresos brutos ajustados modificados. Electronic file 1040ez   Para propósitos del crédito tributario por hijos, su ingreso bruto ajustado (AGI, por sus siglas en inglés) modificado es su ingreso bruto ajustado más las cantidades siguientes que puedan ser aplicables en su caso: Toda cantidad excluida del ingreso debido a la exclusión de ingresos de fuentes de  Puerto Rico. Electronic file 1040ez En la línea de puntos directamente al lado de la línea 38 del Formulario 1040, anote la cantidad excluida e indentifíquela como “ EPRI. Electronic file 1040ez ” Además, adjunte una copia de todo Formulario 499R-2/W-2PR a su declaración. Electronic file 1040ez Toda cantidad de las líneas 45 ó 50 del Formulario 2555, Foreign Earned Income (Ingreso devengado en el extranjero), en inglés. Electronic file 1040ez Toda cantidad de la línea 18 del Formulario 2555-EZ, Foreign Earned Income Exclusion (Exclusión de ingreso devengado en el extranjero), en inglés. Electronic file 1040ez Toda cantidad de la línea 15 del Formulario 4563, Exclusion of Income for Bona Fide Residents of American Samoa (Exclusión del ingreso para residentes bona fide de la Samoa Estadounidense), en inglés. Electronic file 1040ez   Si no tiene ninguna de las cantidades mencionadas anteriormente, su ingreso bruto ajustado modificado es igual a su ingreso bruto ajustado. Electronic file 1040ez Ingreso bruto ajustado. Electronic file 1040ez   El ingreso bruto ajustado (AGI, por sus siglas en inglés) es la cantidad de la línea 38 del Formulario 1040 o de la línea 22 del Formulario 1040A. Electronic file 1040ez Cómo Reclamar el Crédito Para reclamar el crédito tributario por hijos, tiene que presentar el Formulario 1040 o el Formulario 1040A. Electronic file 1040ez No puede reclamar el crédito tributario por hijos en el Formulario 1040EZ. Electronic file 1040ez Tiene que proveer el nombre y número de identificación (normalmente el número de Seguro Social) de cada hijo calificado en su declaración de impuestos. Electronic file 1040ez Si reclama el crédito tributario por hijos con un hijo identificado por un ITIN, usted también tiene que presentar el Anexo 8812. Electronic file 1040ez Para calcular el crédito, primero revise la Child Tax Credit Worksheet (Hoja de trabajo del crédito tributario por hijos), en las Instrucciones para el Formulario 1040 o el Formulario 1040A. Electronic file 1040ez Si se le indica que consulte la Publicación 972, Child Tax Credit (Crédito tributario por hijos), en inglés, no puede utilizar la Hoja de trabajo de las instrucciones en la declaración de impuestos; en su lugar, usted tiene que utilizar la Publicación 972, en inglés, para calcular el crédito. Electronic file 1040ez Si no se le indica que utilice la Publicación 972, puede usar la Hoja de trabajo del crédito tributario por hijos, que se encuentra en las Instrucciones para el Formulario 1040 o las Instrucciones para el Formulario 1040A o la Publicación 972, todas en inglés, para calcular el crédito. Electronic file 1040ez Crédito Tributario Adicional por Hijos Este crédito es para determinadas personas que reciban menos de la cantidad total del crédito tributario por hijos. Electronic file 1040ez El crédito tributario adicional por hijos puede darle un reembolso aunque no adeude ningún impuesto. Electronic file 1040ez Cómo se reclama el crédito tributario adicional por hijos. Electronic file 1040ez   Para reclamar el crédito tributario adicional por hijos, siga los pasos que aparecen a continuación: Asegúrese de haber calculado la cantidad, si existe, de su crédito tributario por hijos. Electronic file 1040ez Vea anteriormente el tema titulado Cómo Reclamar el Crédito . Electronic file 1040ez Use las Partes II a la IV del Anexo 8812 para determinar si puede reclamar el crédito tributario adicional por hijos si usted contestó “Yes” (Sí) en la línea 9 ó 10 de la Child Tax Credit Worksheet (Hoja de trabajo del crédito tributario por hijos) en las Instrucciones para el Formulario 1040 o en las Instrucciones para el Formulario 1040A, o en la línea 13 de la Child Tax Credit Worksheet (Hoja de trabajo del crédito tributario por hijos) en la Publicación 972, todas en inglés. Electronic file 1040ez Si tiene un crédito tributario adicional por hijos en la línea 13 del Anexo 8812, anótelo en la línea 65 del Formulario 1040 o en la línea 39 del Formulario 1040A. Electronic file 1040ez Cómo Completar el Anexo 8812 (Formulario 1040A o Formulario 1040) El Anexo 8812 tiene cuatro partes, pero se puede considerar como que consta de dos secciones. Electronic file 1040ez La Parte I es independiente de las Partes II a la IV. Electronic file 1040ez Si todos sus hijos tienen números de Seguro Social o números de identificación del contribuyente para adopción del IRS(ATIN, por sus siglas en inglés),y usted no reclama el crédito tributario adicional por hijos, no necesita completar ni adjuntar el Anexo 8812 a su declaración de impuestos. Electronic file 1040ez Parte I Usted sólo necesitará completar la Parte I si está reclamando el crédito tributario por hijos para un hijo que aparece identificado con un número de identificación personal del contribuyente del IRS (ITIN, por sus siglas en inglés). Electronic file 1040ez Si todos los hijos por los cuales usted marcó la casilla en la columna 4 de la línea 6c de su Formulario 1040 o Formulario 1040A tienen números de Seguro Social (SSN, por sus siglas en inglés) o números de identificación del contribuyente para adopción del IRS (ATIN, por sus siglas en inglés), no tiene que completar la Parte I del Anexo 8812. Electronic file 1040ez Partes II a IV Las Partes II a la IV le ayudan a calcular el crédito adicional por hijos que le corresponde a usted. Electronic file 1040ez Por lo general, deberá completar las Partes II a la IV únicamente si se le indica luego de que completa la Hoja de trabajo del crédito tributario por hijos que aparece en las instrucciones de su declaración de impuestos o en la Publicación 972. Electronic file 1040ez Vea Cómo se reclama el crédito tributario adicional por hijos , anteriormente. Electronic file 1040ez Prev  Up  Next   Home   More Online Publications