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Federal Tax Return Amendment

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Federal Tax Return Amendment

Federal tax return amendment Internal Revenue Bulletin:  2011-12  March 21, 2011  Rev. Federal tax return amendment Proc. Federal tax return amendment 2011-21 Table of Contents SECTION 1. Federal tax return amendment PURPOSE SECTION 2. Federal tax return amendment BACKGROUND SECTION 3. Federal tax return amendment SCOPE SECTION 4. Federal tax return amendment APPLICATION SECTION 5. Federal tax return amendment EFFECTIVE DATE SECTION 6. Federal tax return amendment EFFECT ON OTHER DOCUMENTS SECTION 7. Federal tax return amendment DRAFTING INFORMATION SECTION 1. Federal tax return amendment PURPOSE This revenue procedure provides: (1) limitations on depreciation deductions for owners of passenger automobiles first placed in service by the taxpayer during calendar year 2011, including separate tables of limitations on depreciation deductions for trucks and vans; (2) the amounts that must be included in income by lessees of passenger automobiles first leased by the taxpayer during calendar year 2011, including a separate table of inclusion amounts for lessees of trucks and vans; and (3) revised tables of depreciation limitations and lessee inclusion amounts for passenger automobiles that were first placed in service or first leased by the taxpayer, respectively, during 2010 and to which the 50 percent additional first year depreciation deduction under § 168(k)(1)(A) of the Internal Revenue Code or the 100 percent additional first year depreciation deduction under § 168(k)(5) applies. Federal tax return amendment The tables detailing these depreciation limitations and lessee inclusion amounts reflect the automobile price inflation adjustments required by § 280F(d)(7). Federal tax return amendment SECTION 2. Federal tax return amendment BACKGROUND . Federal tax return amendment 01 For owners of passenger automobiles, § 280F(a) imposes dollar limitations on the depreciation deduction for the year the taxpayer places the passenger automobile in service and for each succeeding year. Federal tax return amendment For passenger automobiles placed in service after 1988, § 280F(d)(7) requires the Internal Revenue Service to increase the amounts allowable as depreciation deductions by a price inflation adjustment amount. Federal tax return amendment The method of calculating this price inflation amount for trucks and vans placed in service in or after calendar year 2003 uses a different CPI “automobile component” (the “new trucks” component) than that used in the price inflation amount calculation for other passenger automobiles (the “new cars” component), resulting in somewhat higher depreciation deductions for trucks and vans. Federal tax return amendment This change reflects the higher rate of price inflation for trucks and vans since 1988. Federal tax return amendment . Federal tax return amendment 02 Section 2022(a) of the Small Business Jobs Act of 2010, Pub. Federal tax return amendment L. Federal tax return amendment No. Federal tax return amendment 111-240, 124 Stat. Federal tax return amendment 2504 (September 27, 2010), extended the 50 percent additional first year depreciation deduction under § 168(k) to qualified property (as defined in § 168(k)(2)) acquired by the taxpayer after December 31, 2007, and before January 1, 2011, if no written binding contract for the acquisition of the property existed before January 1, 2008, and if the taxpayer places the property in service generally before January 1, 2011. Federal tax return amendment Section 401(a) of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, Pub. Federal tax return amendment L. Federal tax return amendment No. Federal tax return amendment 111-312, 124 Stat. Federal tax return amendment 3296 (Dec. Federal tax return amendment 17, 2010) (the “Act”) further extended the 50 percent additional first year depreciation deduction under § 168(k) to qualified property acquired by the taxpayer after December 31, 2007, and before January 1, 2013, if no written binding contract for the acquisition of the property existed before January 1, 2008, and if the taxpayer places the property in service generally before January 1, 2013. Federal tax return amendment Section 401(b) of the Act further amended § 168(k) by adding § 168(k)(5). Federal tax return amendment It allows a 100 percent additional first year depreciation deduction for qualified property acquired by a taxpayer after September 8, 2010, and before January 1, 2012, if the taxpayer places the property in service generally before January 1, 2012. Federal tax return amendment Section 168(k)(2)(F)(i) increases the first year depreciation allowed under § 280F(a)(1)(A)(i) by $8,000 for passenger automobiles to which the additional first year depreciation deduction under § 168(k) (hereinafter, referred to as “§ 168(k) additional first year depreciation deduction”) applies. Federal tax return amendment . Federal tax return amendment 03 Section 168(k)(2)(D)(i) provides that the § 168(k) additional first year depreciation deduction does not apply to any property required to be depreciated under the alternative depreciation system of § 168(g), including property described in § 280F(b)(1). Federal tax return amendment Section 168(k)(2)(D)(iii) permits a taxpayer to elect out of the § 168(k) additional first year depreciation deduction for any class of property. Federal tax return amendment Section 168(k)(4), as amended by the Act, permits a corporation to elect to increase the alternative minimum tax (“AMT”) credit limitation under § 53(c), instead of claiming the § 168(k) additional first year depreciation deduction for all eligible qualified property placed in service after December 31, 2010, that is round 2 extension property (as defined in § 168(k)(4)(I)(iv). Federal tax return amendment Accordingly, this revenue procedure provides tables for passenger automobiles for which the § 168(k) additional first year depreciation deduction applies. Federal tax return amendment This revenue procedure also provides tables for passenger automobiles for which the § 168(k) additional first year depreciation deduction does not apply, either because taxpayer (1) purchased the passenger automobile used; (2) did not use the passenger automobile during 2011 more than 50 percent for business purposes; (3) elected out of the § 168(k) additional first year depreciation deduction pursuant to § 168(k)(2)(D)(iii); or (4) elected to increase the § 53 AMT credit limitation in lieu of claiming § 168(k) additional first year depreciation. Federal tax return amendment . Federal tax return amendment 04 Section 280F(c) requires a reduction in the deduction allowed to the lessee of a leased passenger automobile. Federal tax return amendment The reduction must be substantially equivalent to the limitations on the depreciation deductions imposed on owners of passenger automobiles. Federal tax return amendment Under § 1. Federal tax return amendment 280F-7(a) of the Income Tax Regulations, this reduction requires a lessee to include in gross income an amount determined by applying a formula to the amount obtained from a table. Federal tax return amendment One table applies to lessees of trucks and vans and another table applies to all other passenger automobiles. Federal tax return amendment Each table shows inclusion amounts for a range of fair market values for each taxable year after the passenger automobile is first leased. Federal tax return amendment SECTION 3. Federal tax return amendment SCOPE . Federal tax return amendment 01 The limitations on depreciation deductions in section 4. Federal tax return amendment 01(2) of this revenue procedure apply to passenger automobiles (other than leased passenger automobiles) that are placed in service by the taxpayer in calendar year 2011, and continue to apply for each taxable year that the passenger automobile remains in service. Federal tax return amendment . Federal tax return amendment 02 The tables in section 4. Federal tax return amendment 02 of this revenue procedure apply to leased passenger automobiles for which the lease term begins during calendar year 2011. Federal tax return amendment Lessees of these passenger automobiles must use these tables to determine the inclusion amount for each taxable year during which the passenger automobile is leased. Federal tax return amendment See Rev. Federal tax return amendment Proc. Federal tax return amendment 2006-18, 2006-1 C. Federal tax return amendment B. Federal tax return amendment 645, for passenger automobiles first leased during calendar year 2006; Rev. Federal tax return amendment Proc. Federal tax return amendment 2007-30, 2007-1 C. Federal tax return amendment B. Federal tax return amendment 1104, for passenger automobiles first leased during calendar year 2007; Rev. Federal tax return amendment Proc. Federal tax return amendment 2008-22, 2008-1 C. Federal tax return amendment B. Federal tax return amendment 658, for passenger automobiles first leased during calendar year 2008; Rev. Federal tax return amendment Proc. Federal tax return amendment 2009-24, 2009-1 C. Federal tax return amendment B. Federal tax return amendment 885, for passenger automobiles first leased during calendar year 2009; and Rev. Federal tax return amendment Proc. Federal tax return amendment 2010-18, 2010-1 C. Federal tax return amendment B. Federal tax return amendment 427, as amplified and modified by section 4. Federal tax return amendment 03 of this revenue procedure, for passenger automobiles first leased during calendar year 2010. Federal tax return amendment SECTION 4. Federal tax return amendment APPLICATION . Federal tax return amendment 01 Limitations on Depreciation Deductions for Certain Automobiles. Federal tax return amendment (1) Amount of the inflation adjustment. Federal tax return amendment (a) Passenger automobiles (other than trucks or vans). Federal tax return amendment Under § 280F(d)(7)(B)(i), the automobile price inflation adjustment for any calendar year is the percentage (if any) by which the CPI automobile component for October of the preceding calendar year exceeds the CPI automobile component for October 1987. Federal tax return amendment Section 280F(d)(7)(B)(ii) defines the term “CPI automobile component” as the automobile component of the Consumer Price Index for all Urban Consumers published by the Department of Labor. Federal tax return amendment The new car component of the CPI was 115. Federal tax return amendment 2 for October 1987 and 137. Federal tax return amendment 880 for October 2010. Federal tax return amendment The October 2010 index exceeded the October 1987 index by 22. Federal tax return amendment 680. Federal tax return amendment Therefore, the automobile price inflation adjustment for 2011 for passenger automobiles (other than trucks and vans) is 19. Federal tax return amendment 69 percent (22. Federal tax return amendment 680/115. Federal tax return amendment 2 x 100%). Federal tax return amendment The dollar limitations in § 280F(a) are multiplied by a factor of 0. Federal tax return amendment 1969, and the resulting increases, after rounding to the nearest $100, are added to the 1988 limitations to give the depreciation limitations applicable to passenger automobiles (other than trucks and vans) for calendar year 2011. Federal tax return amendment This adjustment applies to all passenger automobiles (other than trucks and vans) that are first placed in service in calendar year 2011. Federal tax return amendment (b) Trucks and vans. Federal tax return amendment To determine the dollar limitations for trucks and vans first placed in service during calendar year 2011, the Service uses the new truck component of the CPI instead of the new car component. Federal tax return amendment The new truck component of the CPI was 112. Federal tax return amendment 4 for October 1987 and 142. Federal tax return amendment 556 for October 2010. Federal tax return amendment The October 2010 index exceeded the October 1987 index by 30. Federal tax return amendment 156. Federal tax return amendment Therefore, the automobile price inflation adjustment for 2011 for trucks and vans is 26. Federal tax return amendment 83 percent (30. Federal tax return amendment 156/112. Federal tax return amendment 4 x 100%). Federal tax return amendment The dollar limitations in § 280F(a) are multiplied by a factor of 0. Federal tax return amendment 2683, and the resulting increases, after rounding to the nearest $100, are added to the 1988 limitations to give the depreciation limitations for trucks and vans. Federal tax return amendment This adjustment applies to all trucks and vans that are first placed in service in calendar year 2011. Federal tax return amendment (2) Amount of the limitation. Federal tax return amendment Tables 1 through 4 contain the dollar amount of the depreciation limitation for each taxable year for passenger automobiles a taxpayer places in service in calendar year 2011. Federal tax return amendment Use Table 1 for a passenger automobile (other than a truck or van), and Table 2 for a truck or van, placed in service in calendar year 2011 for which the § 168(k) additional first year depreciation deduction applies. Federal tax return amendment Use Table 3 for a passenger automobile (other than a truck or van), and Table 4 for a truck or van, placed in service in calendar year 2011 for which the § 168(k) additional first year depreciation deduction does not apply. Federal tax return amendment The Service intends to issue additional guidance addressing the interaction between the 100 percent additional first year depreciation deduction and § 280F(a) for the taxable years subsequent to the first taxable year. Federal tax return amendment REV. Federal tax return amendment PROC. Federal tax return amendment 2011-21 TABLE 1 DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES (THAT ARE NOT TRUCKS OR VANS) PLACED IN SERVICE IN CALENDAR YEAR 2011 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION APPLIES Tax Year Amount 1st Tax Year $11,060 2nd Tax Year $4,900 3rd Tax Year $2,950 Each Succeeding Year $1,775 REV. Federal tax return amendment PROC. Federal tax return amendment 2011-21 TABLE 2 DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE IN CALENDAR YEAR 2011 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION APPLIES Tax Year Amount 1st Tax Year $11,260 2nd Tax Year $5,200 3rd Tax Year $3,150 Each Succeeding Year $1,875 REV. Federal tax return amendment PROC. Federal tax return amendment 2011-21 TABLE 3 DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES (THAT ARE NOT TRUCKS OR VANS) PLACED IN SERVICE IN CALENDAR YEAR 2011 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION DOES NOT APPLY Tax Year Amount 1st Tax Year $3,060 2nd Tax Year $4,900 3rd Tax Year $2,950 Each Succeeding Year $1,775 REV. Federal tax return amendment PROC. Federal tax return amendment 2011-21 TABLE 4 DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE IN CALENDAR YEAR 2011 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION DOES NOT APPLY Tax Year Amount 1st Tax Year $3,260 2nd Tax Year $5,200 3rd Tax Year $3,150 Each Succeeding Year $1,875 . Federal tax return amendment 02 Inclusions in Income of Lessees of Passenger Automobiles. Federal tax return amendment A taxpayer must follow the procedures in § 1. Federal tax return amendment 280F-7(a) for determining the inclusion amounts for passenger automobiles first leased in calendar year 2011. Federal tax return amendment In applying these procedures, lessees of passenger automobiles other than trucks and vans should use Table 5 of this revenue procedure, while lessees of trucks and vans should use Table 6 of this revenue procedure. Federal tax return amendment REV. Federal tax return amendment PROC. Federal tax return amendment 2011-21 TABLE 5 DOLLAR AMOUNTS FOR PASSENGER AUTOMOBILES (THAT ARE NOT TRUCKS OR VANS) WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2011 Fair Market Value of Passenger Automobile Tax Year During Lease Over Not Over 1st 2nd 3rd 4th 5th & later $18,500 $19,000 3 8 11 13 16 19,000 19,500 4 9 13 15 18 19,500 20,000 4 10 15 17 20 20,000 20,500 5 11 16 19 23 20,500 21,000 5 12 18 21 25 21,000 21,500 6 13 19 24 26 21,500 22,000 6 14 21 26 29 22,000 23,000 7 16 23 29 32 23,000 24,000 8 18 27 32 37 24,000 25,000 9 20 30 36 42 25,000 26,000 10 23 33 40 46 26,000 27,000 11 25 36 44 51 27,000 28,000 12 27 40 48 55 28,000 29,000 13 29 43 52 60 29,000 30,000 14 31 47 55 65 30,000 31,000 15 34 49 60 69 31,000 32,000 16 36 53 63 73 32,000 33,000 17 38 56 68 77 33,000 34,000 18 40 60 71 82 34,000 35,000 19 42 63 75 87 35,000 36,000 20 45 66 79 91 36,000 37,000 21 47 69 83 96 37,000 38,000 22 49 73 87 100 38,000 39,000 23 51 76 91 105 39,000 40,000 24 53 80 94 110 40,000 41,000 25 56 82 99 114 41,000 42,000 26 58 86 102 119 42,000 43,000 27 60 89 107 123 43,000 44,000 28 62 93 110 128 44,000 45,000 29 64 96 114 133 45,000 46,000 30 67 98 119 137 46,000 47,000 31 69 102 122 141 47,000 48,000 32 71 105 127 145 48,000 49,000 33 73 109 130 150 49,000 50,000 34 76 111 134 155 50,000 51,000 35 78 115 138 159 51,000 52,000 36 80 118 142 164 52,000 53,000 37 82 122 146 168 53,000 54,000 38 84 125 150 173 54,000 55,000 39 87 128 153 178 55,000 56,000 40 89 131 158 182 56,000 57,000 41 91 135 161 187 57,000 58,000 42 93 138 166 191 58,000 59,000 43 95 142 169 196 59,000 60,000 44 98 144 174 200 60,000 62,000 46 101 149 179 207 62,000 64,000 48 105 156 187 216 64,000 66,000 50 109 163 195 225 66,000 68,000 52 114 169 203 234 68,000 70,000 54 118 176 211 243 70,000 72,000 56 123 182 218 253 72,000 74,000 58 127 189 226 262 74,000 76,000 60 132 195 234 270 76,000 78,000 62 136 202 242 279 78,000 80,000 64 140 209 250 288 80,000 85,000 67 148 220 264 304 85,000 90,000 72 159 237 283 327 90,000 95,000 77 170 253 303 350 95,000 100,000 82 181 269 323 372 100,000 110,000 90 198 293 352 406 110,000 120,000 100 220 326 391 452 120,000 130,000 110 242 359 430 497 130,000 140,000 120 264 392 469 543 140,000 150,000 130 286 424 509 588 150,000 160,000 140 308 457 548 633 160,000 170,000 150 330 490 587 679 170,000 180,000 160 352 523 626 724 180,000 190,000 170 374 555 666 769 190,000 200,000 180 396 588 705 815 200,000 210,000 190 418 621 744 860 210,000 220,000 200 440 654 784 904 220,000 230,000 210 462 687 823 950 230,000 240,000 220 484 719 863 995 240,000 And up 230 506 752 902 1,040 REV. Federal tax return amendment PROC. Federal tax return amendment 2011-21 TABLE 6 DOLLAR AMOUNTS FOR TRUCKS AND VANS WITH A LEASE TERM BEGINNING IN CALENDAR YEAR 2011 Fair Market Value of Truck or Van Tax Year During Lease Over Not Over 1st 2nd 3rd 4th 5th & later $19,000 $19,500 3 7 9 12 13 19,500 20,000 3 8 11 14 15 20,000 20,500 4 9 13 15 18 20,500 21,000 4 10 15 17 20 21,000 21,500 5 11 16 20 22 21,500 22,000 5 12 18 22 24 22,000 23,000 6 14 20 24 29 23,000 24,000 7 16 24 28 32 24,000 25,000 8 18 27 32 37 25,000 26,000 9 20 31 36 41 26,000 27,000 10 23 33 40 46 27,000 28,000 11 25 37 43 51 28,000 29,000 12 27 40 48 55 29,000 30,000 13 29 43 52 60 30,000 31,000 14 31 47 56 64 31,000 32,000 15 34 49 60 69 32,000 33,000 16 36 53 63 74 33,000 34,000 17 38 56 68 78 34,000 35,000 18 40 60 71 83 35,000 36,000 19 43 62 76 87 36,000 37,000 20 45 66 79 92 37,000 38,000 21 47 69 83 97 38,000 39,000 22 49 73 87 101 39,000 40,000 23 51 76 91 105 40,000 41,000 24 54 79 95 109 41,000 42,000 25 56 82 99 114 42,000 43,000 26 58 86 103 118 43,000 44,000 27 60 89 107 123 44,000 45,000 28 62 93 110 128 45,000 46,000 29 65 95 115 132 46,000 47,000 30 67 99 118 137 47,000 48,000 31 69 102 123 141 48,000 49,000 32 71 106 126 146 49,000 50,000 33 73 109 130 151 50,000 51,000 34 76 112 134 155 51,000 52,000 35 78 115 138 160 52,000 53,000 36 80 118 143 164 53,000 54,000 37 82 122 146 169 54,000 55,000 38 84 125 150 173 55,000 56,000 39 87 128 154 177 56,000 57,000 40 89 131 158 182 57,000 58,000 41 91 135 162 186 58,000 59,000 42 93 138 166 191 59,000 60,000 43 95 142 169 196 60,000 62,000 45 99 146 175 203 62,000 64,000 47 103 153 183 212 64,000 66,000 49 107 160 191 221 66,000 68,000 51 112 166 199 229 68,000 70,000 53 116 173 206 239 70,000 72,000 55 121 179 214 248 72,000 74,000 57 125 186 222 257 74,000 76,000 59 129 192 231 266 76,000 78,000 61 134 198 239 275 78,000 80,000 63 138 205 246 285 80,000 85,000 66 146 217 260 300 85,000 90,000 71 157 233 280 322 90,000 95,000 76 168 250 299 345 95,000 100,000 81 179 266 319 368 100,000 110,000 89 196 290 348 402 110,000 120,000 99 218 323 387 447 120,000 130,000 109 240 355 427 493 130,000 140,000 119 262 388 466 538 140,000 150,000 129 284 421 505 583 150,000 160,000 139 306 454 544 629 160,000 170,000 149 328 487 583 674 170,000 180,000 159 350 519 623 719 180,000 190,000 169 372 552 662 765 190,000 200,000 179 394 585 701 810 200,000 210,000 189 416 618 740 856 210,000 220,000 199 438 651 779 901 220,000 230,000 209 460 683 819 946 230,000 240,000 219 482 716 858 992 240,000 And up 229 504 749 897 1,037 . Federal tax return amendment 03 Revised Amounts for Passenger Automobiles Placed in Service During 2010. Federal tax return amendment (1) Calculation of the Revised Amount. Federal tax return amendment The revised depreciation limits provided in this section 4. Federal tax return amendment 03 were calculated by increasing the existing limitations on the first year allowance in Rev. Federal tax return amendment Proc. Federal tax return amendment 2010-18 by $8,000 as provided in § 168(k)(2)(F)(i). Federal tax return amendment (2) Amount of the Revised Limitation. Federal tax return amendment For passenger automobiles (that are not trucks or vans) placed in service by the taxpayer in calendar year 2010 for which the § 168(k) additional first year depreciation deduction applies, Table 7 of this revenue procedure contains the revised dollar amount of the depreciation limitations for each taxable year. Federal tax return amendment For trucks or vans placed in service by the taxpayer in calendar year 2010 for which the § 168(k) additional first year depreciation deduction applies, Table 8 of this revenue procedure contains the revised dollar amount of the depreciation limitations for each taxable year. Federal tax return amendment If the § 168(k) additional first year depreciation deduction does not apply to a passenger automobile placed in service by the taxpayer in calendar year 2010, the depreciation limitations for each taxable year in Tables 1 and 2 of Rev. Federal tax return amendment Proc. Federal tax return amendment 2010-18 apply. Federal tax return amendment REV. Federal tax return amendment PROC. Federal tax return amendment 2011-21 TABLE 7 DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES (THAT ARE NOT TRUCKS OR VANS) PLACED IN SERVICE IN CALENDAR YEAR 2010 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION APPLIES Tax Year Amount 1st Tax Year $11,060 2nd Tax Year $4,900 3rd Tax Year $2,950 Each Succeeding Year $1,775 REV. Federal tax return amendment PROC. Federal tax return amendment 2011-21 TABLE 8 DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE IN CALENDAR YEAR 2010 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION APPLIES Tax Year Amount 1st Tax Year $11,160 2nd Tax Year $5,100 3rd Tax Year $3,050 Each Succeeding Year $1,875 (3) Modification to lease inclusion amounts for 2010. Federal tax return amendment The lease inclusion amounts in Tables 3 and 4 of Rev. Federal tax return amendment Proc. Federal tax return amendment 2010-18 are modified by striking the first four lines of the inclusion amounts in each table. Federal tax return amendment Consequently, Table 3 of Rev. Federal tax return amendment Proc. Federal tax return amendment 2010-18 applies to passenger automobiles (other than trucks and vans) that are first leased by the taxpayer in calendar year 2010 with a fair market value over $18,500, and Table 4 of Rev. Federal tax return amendment Proc. Federal tax return amendment 2010-18 applies to trucks and vans that are first leased by the taxpayer in calendar year 2010 with a fair market value over $19,000. Federal tax return amendment SECTION 5. Federal tax return amendment EFFECTIVE DATE This revenue procedure, with the exception of section 4. Federal tax return amendment 03, applies to passenger automobiles that a taxpayer first places in service or first leases during calendar year 2011. Federal tax return amendment Section 4. Federal tax return amendment 03 of this revenue procedure applies to passenger automobiles that a taxpayer first places in service or first leases during calendar year 2010. Federal tax return amendment SECTION 6. Federal tax return amendment EFFECT ON OTHER DOCUMENTS Rev. Federal tax return amendment Proc. Federal tax return amendment 2010-18 is amplified and modified. Federal tax return amendment SECTION 7. Federal tax return amendment DRAFTING INFORMATION The principal author of this revenue procedure is Bernard P. Federal tax return amendment Harvey of the Office of Associate Chief Counsel (Income Tax & Accounting). Federal tax return amendment For further information regarding this revenue procedure, contact Mr. Federal tax return amendment Harvey at (202) 622-4930 (not a toll-free call). Federal tax return amendment Prev  Up  Next   Home   More Internal Revenue Bulletins
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The Federal Tax Return Amendment

Federal tax return amendment Index A Adopted child, Adopted child. Federal tax return amendment Adoption taxpayer identification number (ATIN), Married child. Federal tax return amendment Age test (see Qualifying child) Alaska Permanent Fund dividends, Rule 6—Your Investment Income Must Be $3,300 or Less Alimony, Income That Is Not Earned Income Annuities, Income That Is Not Earned Income Armed forces, Nontaxable military pay. Federal tax return amendment , Military personnel stationed outside the United States. Federal tax return amendment , Temporary absences. Federal tax return amendment , Joint Return Test, Military personnel stationed outside the United States. Federal tax return amendment , Nontaxable combat pay. Federal tax return amendment Assistance (see Tax help) B Basic Allowance for Housing (BAH), Nontaxable military pay. Federal tax return amendment Basic Allowance for Subsistence (BAS), Nontaxable military pay. Federal tax return amendment C Child Adopted child, Adopted child. Federal tax return amendment Birth or death of, Birth or death of child. Federal tax return amendment Foster child, Relationship Test, Foster child. Federal tax return amendment , Rule 10—You Cannot Be a Qualifying Child of Another Taxpayer, Kidnapped child, Kidnapped child. Federal tax return amendment Married child, Married child. Federal tax return amendment Child support, Income That Is Not Earned Income Clergy, Clergy. Federal tax return amendment Combat zone pay, Nontaxable combat pay. Federal tax return amendment Community property, Community property. Federal tax return amendment , Community property. Federal tax return amendment D Detailed examples, Chapter 6—Detailed Examples Disability benefits, Disability Benefits Disallowance of the EIC, Chapter 5—Disallowance of the EIC Dividend income, Income That Is Not Earned Income Divorced parents, special rule, Special rule for divorced or separated parents (or parents who live apart). Federal tax return amendment Domestic partner, Nevada, Washington, and California domestic partners. Federal tax return amendment E Earned income, Rule 7—You Must Have Earned Income, Earned Income Earned income credit (EIC), EIC Table EITC Assistant, Is There Help Online? Extended active duty, Extended active duty. Federal tax return amendment , Military personnel stationed outside the United States. Federal tax return amendment F Figuring EIC yourself, Chapter 4—Figuring and Claiming the EIC, How To Figure the EIC Yourself Filing status: Head of household, Rule 3—Your Filing Status Cannot Be Married Filing Separately Married filing separately, Rule 3—Your Filing Status Cannot Be Married Filing Separately Forms: 1040, Do I Need This Publication?, Adjusted gross income (AGI). Federal tax return amendment , No SSN. Federal tax return amendment , Form 1040. Federal tax return amendment 1040A, Adjusted gross income (AGI). Federal tax return amendment , No SSN. Federal tax return amendment , Form 1040A. Federal tax return amendment 1040EZ, Adjusted gross income (AGI). Federal tax return amendment , No SSN. Federal tax return amendment , Form 1040EZ. Federal tax return amendment 1040X, Rule 2—You Must Have a Valid Social Security Number (SSN), Filing deadline approaching and still no SSN. Federal tax return amendment 2555, Rule 5—You Cannot File Form 2555 or Form 2555-EZ 2555–EZ, Rule 5—You Cannot File Form 2555 or Form 2555-EZ 4029, Minister's housing. Federal tax return amendment , Approved Form 4361 or Form 4029, Form 4029. Federal tax return amendment 4361, Minister's housing. Federal tax return amendment , Approved Form 4361 or Form 4029, Form 4361. Federal tax return amendment 4797, Do I Need This Publication? 4868, Filing deadline approaching and still no SSN. Federal tax return amendment 8814, Do I Need This Publication? 8862, Chapter 5—Disallowance of the EIC, Form 8862 Foster care payments, Income That Is Not Earned Income Foster child, Relationship Test, Foster child. Federal tax return amendment , Rule 10—You Cannot Be a Qualifying Child of Another Taxpayer, Fraud, Exception 2. Federal tax return amendment , Are You Prohibited From Claiming the EIC for a Period of Years? Free tax services, Free help with your tax return. Federal tax return amendment H Head of household, Community property. Federal tax return amendment , Spouse did not live with you. Federal tax return amendment , Community property. Federal tax return amendment , Rule 9—Your Qualifying Child Cannot Be Used by More Than One Person To Claim the EIC, Applying Rule 9 to divorced or separated parents (or parents who live apart). Federal tax return amendment Help (see Tax help) Home Homeless shelter, Rule 14—You Must Have Lived in the United States More Than Half of the Year Military, Rule 14—You Must Have Lived in the United States More Than Half of the Year United States, Rule 14—You Must Have Lived in the United States More Than Half of the Year Homeless, Homeless shelter. Federal tax return amendment , Homeless shelter. Federal tax return amendment I Income that is not earned income, Income That Is Not Earned Income Individual taxpayer identification number (ITIN), Other taxpayer identification number. Federal tax return amendment , Married child. Federal tax return amendment Inmate, Earnings while an inmate. Federal tax return amendment , Figuring earned income. Federal tax return amendment Interest, Income That Is Not Earned Income Investment income, Rule 6—Your Investment Income Must Be $3,300 or Less IRS can figure EIC for you, IRS Will Figure the EIC for You J Joint return test (see Qualifying child) K Kidnapped child, Kidnapped child. Federal tax return amendment M Married child, Married child. Federal tax return amendment Married filing a joint return, Rule 4—You Must Be a U. Federal tax return amendment S. Federal tax return amendment Citizen or Resident Alien All Year Married filing separately, Spouse did not live with you. Federal tax return amendment Military Combat pay, Nontaxable military pay. Federal tax return amendment Nontaxable pay, Nontaxable military pay. Federal tax return amendment Outside U. Federal tax return amendment S. Federal tax return amendment , Military personnel stationed outside the United States. Federal tax return amendment Minister, Net earnings from self-employment. Federal tax return amendment , Minister's housing. Federal tax return amendment , Church employees. Federal tax return amendment N Net earnings, self-employment, Net earnings from self-employment. Federal tax return amendment Nonresident alien, Rule 4—You Must Be a U. Federal tax return amendment S. Federal tax return amendment Citizen or Resident Alien All Year, Step 1. Federal tax return amendment O Online help EITC Assistant, Is There Help Online? P Parents, divorced or separated, Married child. Federal tax return amendment , Examples. Federal tax return amendment , Special rule for divorced or separated parents (or parents who live apart). Federal tax return amendment Passive activity, Worksheet 1. Federal tax return amendment Investment Income If You Are Filing Form 1040 Pensions, Income That Is Not Earned Income Permanently and totally disabled, Permanently and totally disabled. Federal tax return amendment Prisoner, Figuring earned income. Federal tax return amendment Publications (see Tax help) Q Qualifying child, Can I Claim the EIC?, Do I Have To Have A Child To Qualify For The EIC?, Chapter 2—Rules If You Have a Qualifying Child Age test, Rule 8—Your Child Must Meet the Relationship, Age, Residency, and Joint Return Tests, Age Test Home, Residency Test Joint return test, Rule 8—Your Child Must Meet the Relationship, Age, Residency, and Joint Return Tests Permanently and totally disabled, Permanently and totally disabled. Federal tax return amendment Relationship test, Rule 8—Your Child Must Meet the Relationship, Age, Residency, and Joint Return Tests Residency test, Residency Test United States, Residency Test R Railroad retirement benefits, Income That Is Not Earned Income Registered domestic partner, Nevada, Washington, and California domestic partners. Federal tax return amendment Relationship test (see Qualifying child) Reminders, Reminders Residency test (see Qualifying child) S Salaries, wages, and tips, Earned Income, Wages, salaries, and tips. Federal tax return amendment , Earned Income Schedules: C, EIC Worksheet A. Federal tax return amendment , EIC Worksheet B. Federal tax return amendment C-EZ, EIC Worksheet A. Federal tax return amendment , EIC Worksheet B. Federal tax return amendment EIC, Chapter 2—Rules If You Have a Qualifying Child, Kidnapped child. Federal tax return amendment , Figuring earned income. Federal tax return amendment , Nontaxable combat pay. Federal tax return amendment , How To Figure the EIC Yourself, When to use the optional methods of figuring net earnings. Federal tax return amendment , Schedule EIC SE, Figuring earned income. Federal tax return amendment , Clergy. Federal tax return amendment , Church employees. Federal tax return amendment , EIC Worksheet A. Federal tax return amendment , EIC Worksheet B. Federal tax return amendment , Net earnings from self-employment $400 or more. Federal tax return amendment , When to use the optional methods of figuring net earnings. Federal tax return amendment , When both spouses have self-employment income. Federal tax return amendment School, School defined. Federal tax return amendment Self-employed persons, Rule 7—You Must Have Earned Income, Figuring earned income. Federal tax return amendment , EIC Worksheet B. Federal tax return amendment Self-employment income, Earned Income Self-employment tax, Net earnings from self-employment $400 or more. Federal tax return amendment Separated parents, special rule, Married child. Federal tax return amendment Social security benefits, Income That Is Not Earned Income Social security number (SSN), Rule 2—You Must Have a Valid Social Security Number (SSN), Valid for work only with INS authorization or DHS authorization. Federal tax return amendment , No SSN. Federal tax return amendment , Getting an SSN. Federal tax return amendment , Married child. Federal tax return amendment , Exception for math or clerical errors. Federal tax return amendment Statutory employee, Statutory employee. Federal tax return amendment , Figuring earned income. Federal tax return amendment , EIC Worksheet A. Federal tax return amendment , Statutory employees. Federal tax return amendment Strike benefits, Strike benefits. Federal tax return amendment Student, Student defined. Federal tax return amendment T Tax help, How To Get Tax Help Taxpayer identification number Adoption identification number (ATIN), Married child. Federal tax return amendment Individual taxpayer identification number (ITIN), Other taxpayer identification number. Federal tax return amendment Social security number (SSN), Other taxpayer identification number. Federal tax return amendment Tiebreaker rules, Tiebreaker rules. Federal tax return amendment Tips, wages, and salaries, Earned Income, Wages, salaries, and tips. Federal tax return amendment , Earned Income TTY/TDD information, How To Get Tax Help U Unemployment compensation, Income That Is Not Earned Income United States, United States. Federal tax return amendment V Veterans' benefits, Income That Is Not Earned Income W Wages, salaries, and tips, Earned Income, Wages, salaries, and tips. Federal tax return amendment , Earned Income Welfare benefits, Income That Is Not Earned Income Workers' compensation benefits, Income That Is Not Earned Income Workfare payments, Workfare payments. Federal tax return amendment Worksheet 1, Worksheet 1. Federal tax return amendment Investment Income If You Are Filing Form 1040 Worksheet 2, Worksheet 2. Federal tax return amendment Worksheet for Line 4 of Worksheet 1 Prev  Up     Home   More Online Publications