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

File State Taxes For Free

Mypay DfasFile Extension For Taxes 2012Turbotax For Military2014 1040 Ez FormFree State Tax Filing Only State ReturnsIrs Form 1040 EzUtahtaxhelp OrgWhere Mail 1040x Amended ReturnFile State TaxesCan I File My 2011 And 2012 Taxes Together2013 Ez Tax FormsIrs 1040ez Form 20121040 EzState Tax Preparation FreeHow To File 2011 Taxes Online For FreeH&r Block Free Efile 20111040x HelpFree Federal Tax FilingMyfreetaxes Com SandiegoTurbo Tax 2009Hr Tax CutCheapest State Tax FilingCan You File An Amended Tax Return OnlineIrs Gov Forms1040 Ez Form 2012Free TaxesForm 1040 XForm 1040 Federal Tax FormCan I File My 2010 Taxes In 2013Www Freefillableforms Com1040ez RefundFile A 1040xEz FormWww Freetaxhelp ComWww Irs Gov Amended Tax ReturnForm 1040ez Instructions 20132010 Tax Filing Software1040ez WorksheetLate 2010 TaxesIrs 1040x Amended Return

File State Taxes For Free

File state taxes for free Publication 561 - Main Contents Table of Contents What Is Fair Market Value (FMV)?Factors. File state taxes for free Stock. File state taxes for free Options. File state taxes for free Determining Fair Market Value Problems in Determining Fair Market Value Valuation of Various Kinds of PropertyHousehold Goods Used Clothing Jewelry and Gems Paintings, Antiques, and Other Objects of Art Collections Cars, Boats, and Aircraft Inventory Patents Stocks and Bonds Real Estate Interest in a Business Annuities, Interests for Life or Terms of Years, Remainders, and Reversions Certain Life Insurance and Annuity Contracts Partial Interest in Property Not in Trust AppraisalsDeductions of More Than $5,000 Deductions of More Than $500,000 Qualified Appraisal Form 8283 Internal Revenue Service Review of Appraisals Penalty How To Get Tax HelpLow income tax clinics (LITCs). File state taxes for free What Is Fair Market Value (FMV)? To figure how much you may deduct for property that you contribute, you must first determine its fair market value on the date of the contribution. File state taxes for free Fair market value. File state taxes for free   Fair market value (FMV) is the price that property would sell for on the open market. File state taxes for free It is the price that would be agreed on between a willing buyer and a willing seller, with neither being required to act, and both having reasonable knowledge of the relevant facts. File state taxes for free If you put a restriction on the use of property you donate, the FMV must reflect that restriction. File state taxes for free Example 1. File state taxes for free If you give used clothing to the Salvation Army, the FMV would be the price that typical buyers actually pay for clothing of this age, condition, style, and use. File state taxes for free Usually, such items are worth far less than what you paid for them. File state taxes for free Example 2. File state taxes for free If you donate land and restrict its use to agricultural purposes, you must value the land at its value for agricultural purposes, even though it would have a higher FMV if it were not restricted. File state taxes for free Factors. File state taxes for free   In making and supporting the valuation of property, all factors affecting value are relevant and must be considered. File state taxes for free These include: The cost or selling price of the item, Sales of comparable properties, Replacement cost, and Opinions of experts. File state taxes for free   These factors are discussed later. File state taxes for free Also, see Table 1 for a summary of questions to ask as you consider each factor. File state taxes for free Date of contribution. File state taxes for free   Ordinarily, the date of a contribution is the date that the transfer of the property takes place. File state taxes for free Stock. File state taxes for free   If you deliver, without any conditions, a properly endorsed stock certificate to a qualified organization or to an agent of the organization, the date of the contribution is the date of delivery. File state taxes for free If the certificate is mailed and received through the regular mail, it is the date of mailing. File state taxes for free If you deliver the certificate to a bank or broker acting as your agent or to the issuing corporation or its agent, for transfer into the name of the organization, the date of the contribution is the date the stock is transferred on the books of the corporation. File state taxes for free Options. File state taxes for free   If you grant an option to a qualified organization to buy real property, you have not made a charitable contribution until the organization exercises the option. File state taxes for free The amount of the contribution is the FMV of the property on the date the option is exercised minus the exercise price. File state taxes for free Example. File state taxes for free You grant an option to a local university, which is a qualified organization, to buy real property. File state taxes for free Under the option, the university could buy the property at any time during a 2-year period for $40,000. File state taxes for free The FMV of the property on the date the option is granted is $50,000. File state taxes for free In the following tax year, the university exercises the option. File state taxes for free The FMV of the property on the date the option is exercised is $55,000. File state taxes for free Therefore, you have made a charitable contribution of $15,000 ($55,000, the FMV, minus $40,000, the exercise price) in the tax year the option is exercised. File state taxes for free Determining Fair Market Value Determining the value of donated property would be a simple matter if you could rely only on fixed formulas, rules, or methods. File state taxes for free Usually it is not that simple. File state taxes for free Using such formulas, etc. File state taxes for free , seldom results in an acceptable determination of FMV. File state taxes for free There is no single formula that always applies when determining the value of property. File state taxes for free This is not to say that a valuation is only guesswork. File state taxes for free You must consider all the facts and circumstances connected with the property, such as its desirability, use, and scarcity. File state taxes for free For example, donated furniture should not be evaluated at some fixed rate such as 15% of the cost of new replacement furniture. File state taxes for free When the furniture is contributed, it may be out of style or in poor condition, therefore having little or no market value. File state taxes for free On the other hand, it may be an antique, the value of which could not be determined by using any formula. File state taxes for free Cost or Selling Price of the Donated Property The cost of the property to you or the actual selling price received by the qualified organization may be the best indication of its FMV. File state taxes for free However, because conditions in the market change, the cost or selling price of property may have less weight if the property was not bought or sold reasonably close to the date of contribution. File state taxes for free The cost or selling price is a good indication of the property's value if: The purchase or sale took place close to the valuation date in an open market, The purchase or sale was at “arm's-length,” The buyer and seller knew all relevant facts, The buyer and seller did not have to act, and The market did not change between the date of purchase or sale and the valuation date. File state taxes for free Example. File state taxes for free Tom Morgan, who is not a dealer in gems, bought an assortment of gems for $5,000 from a promoter. File state taxes for free The promoter claimed that the price was “wholesale” even though he and other dealers made similar sales at similar prices to other persons who were not dealers. File state taxes for free The promoter said that if Tom kept the gems for more than 1 year and then gave them to charity, Tom could claim a charitable deduction of $15,000, which, according to the promoter, would be the value of the gems at the time of contribution. File state taxes for free Tom gave the gems to a qualified charity 13 months after buying them. File state taxes for free The selling price for these gems had not changed from the date of purchase to the date he donated them to charity. File state taxes for free The best evidence of FMV depends on actual transactions and not on some artificial estimate. File state taxes for free The $5,000 charged Tom and others is, therefore, the best evidence of the maximum FMV of the gems. File state taxes for free Terms of the purchase or sale. File state taxes for free   The terms of the purchase or sale should be considered in determining FMV if they influenced the price. File state taxes for free These terms include any restrictions, understandings, or covenants limiting the use or disposition of the property. File state taxes for free Rate of increase or decrease in value. File state taxes for free   Unless you can show that there were unusual circumstances, it is assumed that the increase or decrease in the value of your donated property from your cost has been at a reasonable rate. File state taxes for free For time adjustments, an appraiser may consider published price indexes for information on general price trends, building costs, commodity costs, securities, and works of art sold at auction in arm's-length sales. File state taxes for free Example. File state taxes for free Bill Brown bought a painting for $10,000. File state taxes for free Thirteen months later he gave it to an art museum, claiming a charitable deduction of $15,000 on his tax return. File state taxes for free The appraisal of the painting should include information showing that there were unusual circumstances that justify a 50% increase in value for the 13 months Bill held the property. File state taxes for free Arm's-length offer. File state taxes for free   An arm's-length offer to buy the property close to the valuation date may help to prove its value if the person making the offer was willing and able to complete the transaction. File state taxes for free To rely on an offer, you should be able to show proof of the offer and the specific amount to be paid. File state taxes for free Offers to buy property other than the donated item will help to determine value if the other property is reasonably similar to the donated property. File state taxes for free Sales of Comparable Properties The sales prices of properties similar to the donated property are often important in determining the FMV. File state taxes for free The weight to be given to each sale depends on the following. File state taxes for free The degree of similarity between the property sold and the donated property. File state taxes for free The time of the sale—whether it was close to the valuation date. File state taxes for free The circumstances of the sale—whether it was at arm's-length with a knowledgeable buyer and seller, with neither having to act. File state taxes for free The conditions of the market in which the sale was made—whether unusually inflated or deflated. File state taxes for free The comparable sales method of valuing real estate is explained later under Valuation of Various Kinds of Property. File state taxes for free Example 1. File state taxes for free Mary Black, who is not a book dealer, paid a promoter $10,000 for 500 copies of a single edition of a modern translation of the Bible. File state taxes for free The promoter had claimed that the price was considerably less than the “retail” price, and gave her a statement that the books had a total retail value of $30,000. File state taxes for free The promoter advised her that if she kept the Bibles for more than 1 year and then gave them to a qualified organization, she could claim a charitable deduction for the “retail” price of $30,000. File state taxes for free Thirteen months later she gave all the Bibles to a church that she selected from a list provided by the promoter. File state taxes for free At the time of her donation, wholesale dealers were selling similar quantities of Bibles to the general public for $10,000. File state taxes for free The FMV of the Bibles is $10,000, the price at which similar quantities of Bibles were being sold to others at the time of the contribution. File state taxes for free Example 2. File state taxes for free The facts are the same as in Example 1, except that the promoter gave Mary Black a second option. File state taxes for free The promoter said that if Mary wanted a charitable deduction within 1 year of the purchase, she could buy the 500 Bibles at the “retail” price of $30,000, paying only $10,000 in cash and giving a promissory note for the remaining $20,000. File state taxes for free The principal and interest on the note would not be due for 12 years. File state taxes for free According to the promoter, Mary could then, within 1 year of the purchase, give the Bibles to a qualified organization and claim the full $30,000 retail price as a charitable contribution. File state taxes for free She purchased the Bibles under the second option and, 3 months later, gave them to a church, which will use the books for church purposes. File state taxes for free At the time of the gift, the promoter was selling similar lots of Bibles for either $10,000 or $30,000. File state taxes for free The difference between the two prices was solely at the discretion of the buyer. File state taxes for free The promoter was a willing seller for $10,000. File state taxes for free Therefore, the value of Mary's contribution of the Bibles is $10,000, the amount at which similar lots of Bibles could be purchased from the promoter by members of the general public. File state taxes for free Replacement Cost The cost of buying, building, or manufacturing property similar to the donated item should be considered in determining FMV. File state taxes for free However, there must be a reasonable relationship between the replacement cost and the FMV. File state taxes for free The replacement cost is the amount it would cost to replace the donated item on the valuation date. File state taxes for free Often there is no relationship between the replacement cost and the FMV. File state taxes for free If the supply of the donated property is more or less than the demand for it, the replacement cost becomes less important. File state taxes for free To determine the replacement cost of the donated property, find the “estimated replacement cost new. File state taxes for free ” Then subtract from this figure an amount for depreciation due to the physical condition and obsolescence of the donated property. File state taxes for free You should be able to show the relationship between the depreciated replacement cost and the FMV, as well as how you arrived at the “estimated replacement cost new. File state taxes for free ” Opinions of Experts Generally, the weight given to an expert's opinion on matters such as the authenticity of a coin or a work of art, or the most profitable and best use of a piece of real estate, depends on the knowledge and competence of the expert and the thoroughness with which the opinion is supported by experience and facts. File state taxes for free For an expert's opinion to deserve much weight, the facts must support the opinion. File state taxes for free For additional information, see Appraisals, later. File state taxes for free Table 1. File state taxes for free Factors That Affect FMV IF the factor you are considering is. File state taxes for free . File state taxes for free . File state taxes for free THEN you should ask these questions. File state taxes for free . File state taxes for free . File state taxes for free     cost or selling price Was the purchase or sale of the property reasonably close to the date of contribution? Was any increase or decrease in value, as compared to your cost, at a reasonable rate? Do the terms of purchase or sale limit what can be done with the property? Was there an arm's-length offer to buy the property close to the valuation date?     sales of comparable properties How similar is the property sold to the property donated? How close is the date of sale to the valuation date? Was the sale at arm's-length? What was the condition of the market at the time of sale?     replacement cost What would it cost to replace the donated property? Is there a reasonable relationship between replacement cost and FMV? Is the supply of the donated property more or less than the demand for it?     opinions of experts Is the expert knowledgeable and competent? Is the opinion thorough and supported by facts and experience? Problems in Determining Fair Market Value There are a number of problems in determining the FMV of donated property. File state taxes for free Unusual Market Conditions The sale price of the property itself in an arm's-length transaction in an open market is often the best evidence of its value. File state taxes for free When you rely on sales of comparable property, the sales must have been made in an open market. File state taxes for free If those sales were made in a market that was artificially supported or stimulated so as not to be truly representative, the prices at which the sales were made will not indicate the FMV. File state taxes for free For example, liquidation sale prices usually do not indicate the FMV. File state taxes for free Also, sales of stock under unusual circumstances, such as sales of small lots, forced sales, and sales in a restricted market, may not represent the FMV. File state taxes for free Selection of Comparable Sales Using sales of comparable property is an important method for determining the FMV of donated property. File state taxes for free However, the amount of weight given to a sale depends on the degree of similarity between the comparable and the donated properties. File state taxes for free The degree of similarity must be close enough so that this selling price would have been given consideration by reasonably well-informed buyers or sellers of the property. File state taxes for free Example. File state taxes for free You give a rare, old book to your former college. File state taxes for free The book is a third edition and is in poor condition because of a missing back cover. File state taxes for free You discover that there was a sale for $300, near the valuation date, of a first edition of the book that was in good condition. File state taxes for free Although the contents are the same, the books are not at all similar because of the different editions and their physical condition. File state taxes for free Little consideration would be given to the selling price of the $300 property by knowledgeable buyers or sellers. File state taxes for free Future Events You may not consider unexpected events happening after your donation of property in making the valuation. File state taxes for free You may consider only the facts known at the time of the gift, and those that could be reasonably expected at the time of the gift. File state taxes for free Example. File state taxes for free You give farmland to a qualified charity. File state taxes for free The transfer provides that your mother will have the right to all income and full use of the property for her life. File state taxes for free Even though your mother dies 1 week after the transfer, the value of the property on the date it is given is its present value, subject to the life interest as estimated from actuarial tables. File state taxes for free You may not take a higher deduction because the charity received full use and possession of the land only 1 week after the transfer. File state taxes for free Using Past Events to Predict the Future A common error is to rely too much on past events that do not fairly reflect the probable future earnings and FMV. File state taxes for free Example. File state taxes for free You give all your rights in a successful patent to your favorite charity. File state taxes for free Your records show that before the valuation date there were three stages in the patent's history of earnings. File state taxes for free First, there was rapid growth in earnings when the invention was introduced. File state taxes for free Then, there was a period of high earnings when the invention was being exploited. File state taxes for free Finally, there was a decline in earnings when competing inventions were introduced. File state taxes for free The entire history of earnings may be relevant in estimating the future earnings. File state taxes for free However, the appraiser must not rely too much on the stage of rapid growth in earnings, or of high earnings. File state taxes for free The market conditions at those times do not represent the condition of the market at the valuation date. File state taxes for free What is most significant is the trend of decline in earnings up to the valuation date. File state taxes for free For more information about donations of patents, see Patents, later. File state taxes for free Valuation of Various Kinds of Property This section contains information on determining the FMV of ordinary kinds of donated property. File state taxes for free For information on appraisals, see Appraisals, later. File state taxes for free Household Goods The FMV of used household goods, such as furniture, appliances, and linens, is usually much lower than the price paid when new. File state taxes for free Such used property may have little or no market value because of its worn condition. File state taxes for free It may be out of style or no longer useful. File state taxes for free You cannot take a deduction for household goods donated after August 17, 2006, unless they are in good used condition or better. File state taxes for free A household good that is not in good used condition or better for which you take a deduction of more than $500 requires a qualified appraisal. File state taxes for free See Deduction over $500 for certain clothing or household items, later. File state taxes for free If the property is valuable because it is old or unique, see the discussion under Paintings, Antiques, and Other Objects of Art. File state taxes for free Used Clothing Used clothing and other personal items are usually worth far less than the price you paid for them. File state taxes for free Valuation of items of clothing does not lend itself to fixed formulas or methods. File state taxes for free The price that buyers of used items actually pay in used clothing stores, such as consignment or thrift shops, is an indication of the value. File state taxes for free You cannot take a deduction for clothing donated after August 17, 2006, unless it is in good used condition or better. File state taxes for free An item of clothing that is not in good used condition or better for which you take a deduction of more than $500 requires a qualified appraisal. File state taxes for free See Deduction over $500 for certain clothing or household items, later. File state taxes for free For valuable furs or very expensive gowns, a Form 8283 may have to be sent with your tax return. File state taxes for free Jewelry and Gems Jewelry and gems are of such a specialized nature that it is almost always necessary to get an appraisal by a specialized jewelry appraiser. File state taxes for free The appraisal should describe, among other things, the style of the jewelry, the cut and setting of the gem, and whether it is now in fashion. File state taxes for free If not in fashion, the possibility of having the property redesigned, recut, or reset should be reported in the appraisal. File state taxes for free The stone's coloring, weight, cut, brilliance, and flaws should be reported and analyzed. File state taxes for free Sentimental personal value has no effect on FMV. File state taxes for free But if the jewelry was owned by a famous person, its value might increase. File state taxes for free Paintings, Antiques, and Other Objects of Art Your deduction for contributions of paintings, antiques, and other objects of art, should be supported by a written appraisal from a qualified and reputable source, unless the deduction is $5,000 or less. File state taxes for free Examples of information that should be included in appraisals of art objects—paintings in particular—are found later under Qualified Appraisal. File state taxes for free Art valued at $20,000 or more. File state taxes for free   If you claim a deduction of $20,000 or more for donations of art, you must attach a complete copy of the signed appraisal to your return. File state taxes for free For individual objects valued at $20,000 or more, a photograph of a size and quality fully showing the object, preferably an 8 x 10 inch color photograph or a color transparency no smaller than 4 x 5 inches, must be provided upon request. File state taxes for free Art valued at $50,000 or more. File state taxes for free   If you donate an item of art that has been appraised at $50,000 or more, you can request a Statement of Value for that item from the IRS. File state taxes for free You must request the statement before filing the tax return that reports the donation. File state taxes for free Your request must include the following. File state taxes for free A copy of a qualified appraisal of the item. File state taxes for free See Qualified Appraisal, later. File state taxes for free A $2,500 check or money order payable to the Internal Revenue Service for the user fee that applies to your request regarding one, two, or three items of art. File state taxes for free Add $250 for each item in excess of three. File state taxes for free A completed Form 8283, Section B. File state taxes for free The location of the IRS territory that has examination responsibility for your return. File state taxes for free If your request lacks essential information, you will be notified and given 30 days to provide the missing information. File state taxes for free   Send your request to: Internal Revenue Service Attention: Art Appraisal (C:AP:ART) P. File state taxes for free O. File state taxes for free Box 27720 McPherson Station Washington, DC 20038 Refunds. File state taxes for free   You can withdraw your request for a Statement of Value at any time before it is issued. File state taxes for free However, the IRS will not refund the user fee if you do. File state taxes for free   If the IRS declines to issue a Statement of Value in the interest of efficient tax administration, the IRS will refund the user fee. File state taxes for free Authenticity. File state taxes for free   The authenticity of the donated art must be determined by the appraiser. File state taxes for free Physical condition. File state taxes for free   Important items in the valuation of antiques and art are physical condition and extent of restoration. File state taxes for free These have a significant effect on the value and must be fully reported in an appraisal. File state taxes for free An antique in damaged condition, or lacking the “original brasses,” may be worth much less than a similar piece in excellent condition. File state taxes for free Art appraisers. File state taxes for free   More weight will usually be given to an appraisal prepared by an individual specializing in the kind and price range of the art being appraised. File state taxes for free Certain art dealers or appraisers specialize, for example, in old masters, modern art, bronze sculpture, etc. File state taxes for free Their opinions on the authenticity and desirability of such art would usually be given more weight than the opinions of more generalized art dealers or appraisers. File state taxes for free They can report more recent comparable sales to support their opinion. File state taxes for free   To identify and locate experts on unique, specialized items or collections, you may wish to use the current Official Museum Directory of the American Association of Museums. File state taxes for free It lists museums both by state and by category. File state taxes for free   To help you locate a qualified appraiser for your donation, you may wish to ask an art historian at a nearby college or the director or curator of a local museum. File state taxes for free The Yellow Pages often list specialized art and antique dealers, auctioneers, and art appraisers. File state taxes for free You may be able to find a qualified appraiser on the Internet. File state taxes for free You may also contact associations of dealers for guidance. File state taxes for free Collections Since many kinds of hobby collections may be the subject of a charitable donation, it is not possible to discuss all of the possible collectibles in this publication. File state taxes for free Most common are rare books, autographs, sports memorabilia, dolls, manuscripts, stamps, coins, guns, phonograph records, and natural history items. File state taxes for free Many of the elements of valuation that apply to paintings and other objects of art, discussed earlier, also apply to miscellaneous collections. File state taxes for free Reference material. File state taxes for free   Publications available to help you determine the value of many kinds of collections include catalogs, dealers' price lists, and specialized hobby periodicals. File state taxes for free When using one of these price guides, you must use the current edition at the date of contribution. File state taxes for free However, these sources are not always reliable indicators of FMV and should be supported by other evidence. File state taxes for free   For example, a dealer may sell an item for much less than is shown on a price list, particularly after the item has remained unsold for a long time. File state taxes for free The price an item sold for in an auction may have been the result of a rigged sale or a mere bidding duel. File state taxes for free The appraiser must analyze the reference material, and recognize and make adjustments for misleading entries. File state taxes for free If you are donating a valuable collection, you should get an appraisal. File state taxes for free If your donation appears to be of little value, you may be able to make a satisfactory valuation using reference materials available at a state, city, college, or museum library. File state taxes for free Stamp collections. File state taxes for free   Most libraries have catalogs or other books that report the publisher's estimate of values. File state taxes for free Generally, two price levels are shown for each stamp: the price postmarked and the price not postmarked. File state taxes for free Stamp dealers generally know the value of their merchandise and are able to prepare satisfactory appraisals of valuable collections. File state taxes for free Coin collections. File state taxes for free   Many catalogs and other reference materials show the writer's or publisher's opinion of the value of coins on or near the date of the publication. File state taxes for free Like many other collectors' items, the value of a coin depends on the demand for it, its age, and its rarity. File state taxes for free Another important factor is the coin's condition. File state taxes for free For example, there is a great difference in the value of a coin that is in mint condition and a similar coin that is only in good condition. File state taxes for free   Catalogs usually establish a category for coins, based on their physical condition—mint or uncirculated, extremely fine, very fine, fine, very good, good, fair, or poor—with a different valuation for each category. File state taxes for free Books. File state taxes for free   The value of books is usually determined by selecting comparable sales and adjusting the prices according to the differences between the comparable sales and the item being evaluated. File state taxes for free This is difficult to do and, except for a collection of little value, should be done by a specialized appraiser. File state taxes for free Within the general category of literary property, there are dealers who specialize in certain areas, such as Americana, foreign imports, Bibles, and scientific books. File state taxes for free Modest value of collection. File state taxes for free   If the collection you are donating is of modest value, not requiring a written appraisal, the following information may help you in determining the FMV. File state taxes for free   A book that is very old, or very rare, is not necessarily valuable. File state taxes for free There are many books that are very old or rare, but that have little or no market value. File state taxes for free Condition of book. File state taxes for free   The condition of a book may have a great influence on its value. File state taxes for free Collectors are interested in items that are in fine, or at least good, condition. File state taxes for free When a book has a missing page, a loose binding, tears, stains, or is otherwise in poor condition, its value is greatly lowered. File state taxes for free Other factors. File state taxes for free   Some other factors in the valuation of a book are the kind of binding (leather, cloth, paper), page edges, and illustrations (drawings and photographs). File state taxes for free Collectors usually want first editions of books. File state taxes for free However, because of changes or additions, other editions are sometimes worth as much as, or more than, the first edition. File state taxes for free Manuscripts, autographs, diaries, and similar items. File state taxes for free   When these items are handwritten, or at least signed by famous people, they are often in demand and are valuable. File state taxes for free The writings of unknowns also may be of value if they are of unusual historical or literary importance. File state taxes for free Determining the value of such material is difficult. File state taxes for free For example, there may be a great difference in value between two diaries that were kept by a famous person—one kept during childhood and the other during a later period in his or her life. File state taxes for free The appraiser determines a value in these cases by applying knowledge and judgment to such factors as comparable sales and conditions. File state taxes for free Signatures. File state taxes for free   Signatures, or sets of signatures, that were cut from letters or other papers usually have little or no value. File state taxes for free But complete sets of the signatures of U. File state taxes for free S. File state taxes for free presidents are in demand. File state taxes for free Cars, Boats, and Aircraft If you donate a car, a boat, or an aircraft to a charitable organization, its FMV must be determined. File state taxes for free Certain commercial firms and trade organizations publish monthly or seasonal guides for different regions of the country, containing complete dealer sale prices or dealer average prices for recent model years. File state taxes for free Prices are reported for each make, model, and year. File state taxes for free These guides also provide estimates for adjusting for unusual equipment, unusual mileage, and physical condition. File state taxes for free The prices are not “official,” and these publications are not considered an appraisal of any specific donated property. File state taxes for free But they do provide clues for making an appraisal and suggest relative prices for comparison with current sales and offerings in your area. File state taxes for free These publications are sometimes available from public libraries or at a bank, credit union, or finance company. File state taxes for free You can also find pricing information about used cars on the Internet. File state taxes for free An acceptable measure of the FMV of a donated car, boat, or airplane is an amount not in excess of the price listed in a used vehicle pricing guide for a private party sale, not the dealer retail value, of a similar vehicle. File state taxes for free However, the FMV may be less than that amount if the vehicle has engine trouble, body damage, high mileage, or any type of excessive wear. File state taxes for free The FMV of a donated vehicle is the same as the price listed in a used vehicle pricing guide for a private party sale only if the guide lists a sales price for a vehicle that is the same make, model, and year, sold in the same area, in the same condition, with the same or similar options or accessories, and with the same or similar warranties as the donated vehicle. File state taxes for free Example. File state taxes for free You donate a used car in poor condition to a local high school for use by students studying car repair. File state taxes for free A used car guide shows the dealer retail value for this type of car in poor condition is $1,600. File state taxes for free However, the guide shows the price for a private party sale of the car is only $750. File state taxes for free The FMV of the car is considered to be no more than $750. File state taxes for free Boats. File state taxes for free   Except for inexpensive small boats, the valuation of boats should be based on an appraisal by a marine surveyor because the physical condition is so critical to the value. File state taxes for free More information. File state taxes for free   Your deduction for a donated car, boat, or airplane generally is limited to the gross proceeds from its sale by the qualified organization. File state taxes for free This rule applies if the claimed value of the donated vehicle is more than $500. File state taxes for free In certain cases, you can deduct the vehicle's FMV. File state taxes for free For details, see Publication 526. File state taxes for free Inventory If you donate any inventory item to a charitable organization, the amount of your deductible contribution generally is the FMV of the item, minus any gain you would have realized if you had sold the item at its FMV on the date of the gift. File state taxes for free For more information, see Publication 526. File state taxes for free Patents To determine the FMV of a patent, you must take into account, among other factors: Whether the patented technology has been made obsolete by other technology; Any restrictions on the donee's use of, or ability to transfer, the patented technology; and The length of time remaining before the patent expires. File state taxes for free However, your deduction for a donation of a patent or other intellectual property is its FMV, minus any gain you would have realized if you had sold the property at its FMV on the date of the gift. File state taxes for free Generally, this means your deduction is the lesser of the property's FMV or its basis. File state taxes for free For details, see Publication 526. File state taxes for free Stocks and Bonds The value of stocks and bonds is the FMV of a share or bond on the valuation date. File state taxes for free See Date of contribution, earlier, under What Is Fair Market Value (FMV). File state taxes for free Selling prices on valuation date. File state taxes for free   If there is an active market for the contributed stocks or bonds on a stock exchange, in an over-the-counter market, or elsewhere, the FMV of each share or bond is the average price between the highest and lowest quoted selling prices on the valuation date. File state taxes for free For example, if the highest selling price for a share was $11, and the lowest $9, the average price is $10. File state taxes for free You get the average price by adding $11 and $9 and dividing the sum by 2. File state taxes for free No sales on valuation date. File state taxes for free   If there were no sales on the valuation date, but there were sales within a reasonable period before and after the valuation date, you determine FMV by taking the average price between the highest and lowest sales prices on the nearest date before and on the nearest date after the valuation date. File state taxes for free Then you weight these averages in inverse order by the respective number of trading days between the selling dates and the valuation date. File state taxes for free Example. File state taxes for free   On the day you gave stock to a qualified organization, there were no sales of the stock. File state taxes for free Sales of the stock nearest the valuation date took place two trading days before the valuation date at an average selling price of $10 and three trading days after the valuation date at an average selling price of $15. File state taxes for free The FMV on the valuation date was $12, figured as follows: [(3 x $10) + (2 x $15)] ÷ 5 = $12 Listings on more than one stock exchange. File state taxes for free   Stocks or bonds listed on more than one stock exchange are valued based on the prices of the exchange on which they are principally dealt. File state taxes for free This applies if these prices are published in a generally available listing or publication of general circulation. File state taxes for free If this is not applicable, and the stocks or bonds are reported on a composite listing of combined exchanges in a publication of general circulation, use the composite list. File state taxes for free See also Unavailable prices or closely held corporation, later. File state taxes for free Bid and asked prices on valuation date. File state taxes for free   If there were no sales within a reasonable period before and after the valuation date, the FMV is the average price between the bona fide bid and asked prices on the valuation date. File state taxes for free Example. File state taxes for free Although there were no sales of Blue Corporation stock on the valuation date, bona fide bid and asked prices were available on that date of $14 and $16, respectively. File state taxes for free The FMV is $15, the average price between the bid and asked prices. File state taxes for free No prices on valuation date. File state taxes for free   If there were no prices available on the valuation date, you determine FMV by taking the average prices between the bona fide bid and asked prices on the closest trading date before and after the valuation date. File state taxes for free Both dates must be within a reasonable period. File state taxes for free Then you weight these averages in inverse order by the respective number of trading days between the bid and asked dates and the valuation date. File state taxes for free Example. File state taxes for free On the day you gave stock to a qualified organization, no prices were available. File state taxes for free Bona fide bid and asked prices 3 days before the valuation date were $10 and 2 days after the valuation date were $15. File state taxes for free The FMV on the valuation date is $13, figured as follows: [(2 x $10) + (3 x $15)] ÷ 5 = $13 Prices only before or after valuation date, but not both. File state taxes for free   If no selling prices or bona fide bid and asked prices are available on a date within a reasonable period before the valuation date, but are available on a date within a reasonable period after the valuation date, or vice versa, then the average price between the highest and lowest of such available prices may be treated as the value. File state taxes for free Large blocks of stock. File state taxes for free   When a large block of stock is put on the market, it may lower the selling price of the stock if the supply is greater than the demand. File state taxes for free On the other hand, market forces may exist that will afford higher prices for large blocks of stock. File state taxes for free Because of the many factors to be considered, determining the value of large blocks of stock usually requires the help of experts specializing in underwriting large quantities of securities, or in trading in the securities of the industry of which the particular company is a part. File state taxes for free Unavailable prices or closely held corporation. File state taxes for free   If selling prices or bid and asked prices are not available, or if securities of a closely held corporation are involved, determine the FMV by considering the following factors. File state taxes for free For bonds, the soundness of the security, the interest yield, the date of maturity, and other relevant factors. File state taxes for free For shares of stock, the company's net worth, prospective earning power and dividend-paying capacity, and other relevant factors. File state taxes for free Other factors. File state taxes for free   Other relevant factors include: The nature and history of the business, especially its recent history, The goodwill of the business, The economic outlook in the particular industry, The company's position in the industry, its competitors, and its management, and The value of securities of corporations engaged in the same or similar business. File state taxes for free For preferred stock, the most important factors are its yield, dividend coverage, and protection of its liquidation preference. File state taxes for free   You should keep complete financial and other information on which the valuation is based. File state taxes for free This includes copies of reports of examinations of the company made by accountants, engineers, or any technical experts on or close to the valuation date. File state taxes for free Restricted securities. File state taxes for free   Some classes of stock cannot be traded publicly because of restrictions imposed by the Securities and Exchange Commission, or by the corporate charter or a trust agreement. File state taxes for free These restricted securities usually trade at a discount in relation to freely traded securities. File state taxes for free   To arrive at the FMV of restricted securities, factors that you must consider include the resale provisions found in the restriction agreements, the relative negotiating strengths of the buyer and seller, and the market experience of freely traded securities of the same class as the restricted securities. File state taxes for free Real Estate Because each piece of real estate is unique and its valuation is complicated, a detailed appraisal by a professional appraiser is necessary. File state taxes for free The appraiser must be thoroughly trained in the application of appraisal principles and theory. File state taxes for free In some instances the opinions of equally qualified appraisers may carry unequal weight, such as when one appraiser has a better knowledge of local conditions. File state taxes for free The appraisal report must contain a complete description of the property, such as street address, legal description, and lot and block number, as well as physical features, condition, and dimensions. File state taxes for free The use to which the property is put, zoning and permitted uses, and its potential use for other higher and better uses are also relevant. File state taxes for free In general, there are three main approaches to the valuation of real estate. File state taxes for free An appraisal may require the combined use of two or three methods rather than one method only. File state taxes for free 1. File state taxes for free Comparable Sales The comparable sales method compares the donated property with several similar properties that have been sold. File state taxes for free The selling prices, after adjustments for differences in date of sale, size, condition, and location, would then indicate the estimated FMV of the donated property. File state taxes for free If the comparable sales method is used to determine the value of unimproved real property (land without significant buildings, structures, or any other improvements that add to its value), the appraiser should consider the following factors when comparing the potential comparable property and the donated property: Location, size, and zoning or use restrictions, Accessibility and road frontage, and available utilities and water rights, Riparian rights (right of access to and use of the water by owners of land on the bank of a river) and existing easements, rights-of-way, leases, etc. File state taxes for free , Soil characteristics, vegetative cover, and status of mineral rights, and Other factors affecting value. File state taxes for free For each comparable sale, the appraisal must include the names of the buyer and seller, the deed book and page number, the date of sale and selling price, a property description, the amount and terms of mortgages, property surveys, the assessed value, the tax rate, and the assessor's appraised FMV. File state taxes for free The comparable selling prices must be adjusted to account for differences between the sale property and the donated property. File state taxes for free Because differences of opinion may arise between appraisers as to the degree of comparability and the amount of the adjustment considered necessary for comparison purposes, an appraiser should document each item of adjustment. File state taxes for free Only comparable sales having the least adjustments in terms of items and/or total dollar adjustments should be considered as comparable to the donated property. File state taxes for free 2. File state taxes for free Capitalization of Income This method capitalizes the net income from the property at a rate that represents a fair return on the particular investment at the particular time, considering the risks involved. File state taxes for free The key elements are the determination of the income to be capitalized and the rate of capitalization. File state taxes for free 3. File state taxes for free Replacement Cost New or Reproduction Cost Minus Observed Depreciation This method, used alone, usually does not result in a determination of FMV. File state taxes for free Instead, it generally tends to set the upper limit of value, particularly in periods of rising costs, because it is reasonable to assume that an informed buyer will not pay more for the real estate than it would cost to reproduce a similar property. File state taxes for free Of course, this reasoning does not apply if a similar property cannot be created because of location, unusual construction, or some other reason. File state taxes for free Generally, this method serves to support the value determined from other methods. File state taxes for free When the replacement cost method is applied to improved realty, the land and improvements are valued separately. File state taxes for free The replacement cost of a building is figured by considering the materials, the quality of workmanship, and the number of square feet or cubic feet in the building. File state taxes for free This cost represents the total cost of labor and material, overhead, and profit. File state taxes for free After the replacement cost has been figured, consideration must be given to the following factors: Physical deterioration—the wear and tear on the building itself, Functional obsolescence—usually in older buildings with, for example, inadequate lighting, plumbing, or heating, small rooms, or a poor floor plan, and Economic obsolescence—outside forces causing the whole area to become less desirable. File state taxes for free Interest in a Business The FMV of any interest in a business, whether a sole proprietorship or a partnership, is the amount that a willing buyer would pay for the interest to a willing seller after consideration of all relevant factors. File state taxes for free The relevant factors to be considered in valuing the business are: The FMV of the assets of the business, The demonstrated earnings capacity of the business, based on a review of past and current earnings, and The other factors used in evaluating corporate stock, if they apply. File state taxes for free The value of the goodwill of the business should also be taken into consideration. File state taxes for free You should keep complete financial and other information on which you base the valuation. File state taxes for free This includes copies of reports of examinations of the business made by accountants, engineers, or any technical experts on or close to the valuation date. File state taxes for free Annuities, Interests for Life or Terms of Years, Remainders, and Reversions The value of these kinds of property is their present value, except in the case of annuities under contracts issued by companies regularly engaged in their sale. File state taxes for free The valuation of these commercial annuity contracts and of insurance policies is discussed later under Certain Life Insurance and Annuity Contracts. File state taxes for free To determine present value, you must know the applicable interest rate and use actuarial tables. File state taxes for free Interest rate. File state taxes for free   The applicable interest rate varies. File state taxes for free It is announced monthly in a news release and published in the Internal Revenue Bulletin as a Revenue Ruling. File state taxes for free The interest rate to use is under the heading “Rate Under Section 7520” for a given month and year. File state taxes for free You can call the IRS office at 1-800-829-1040 to obtain this rate. File state taxes for free Actuarial tables. File state taxes for free   You need to refer to actuarial tables to determine a qualified interest in the form of an annuity, any interest for life or a term of years, or any remainder interest to a charitable organization. File state taxes for free   Use the valuation tables set forth in IRS Publications 1457, Actuarial Values (Book Aleph), and 1458, Actuarial Values (Book Beth). File state taxes for free Both of these publications provide tables containing actuarial factors to be used in determining the present value of an annuity, an interest for life or for a term of years, or a remainder or reversionary interest. File state taxes for free For qualified charitable transfers, you can use the factor for the month in which you made the contribution or for either of the 2 months preceding that month. File state taxes for free   Publication 1457 also contains actuarial factors for computing the value of a remainder interest in a charitable remainder annuity trust and a pooled income fund. File state taxes for free Publication 1458 contains the factors for valuing the remainder interest in a charitable remainder unitrust. File state taxes for free You can download Publications 1457 and 1458 from www. File state taxes for free irs. File state taxes for free gov. File state taxes for free In addition, they are available for purchase via the website of the U. File state taxes for free S. File state taxes for free Government Printing Office, by phone at (202) 512-1800, or by mail from the: Superintendent of Documents P. File state taxes for free O. File state taxes for free Box 371954 Pittsburgh, PA 15250-7954 Tables containing actuarial factors for transfers to pooled income funds may also be found in Income Tax Regulation 1. File state taxes for free 642(c)-6(e)(6), transfers to charitable remainder unitrusts in Regulation 1. File state taxes for free 664-4(e), and other transfers in Regulation 20. File state taxes for free 2031-7(d)(6). File state taxes for free Special factors. File state taxes for free   If you need a special factor for an actual transaction, you can request a letter ruling. File state taxes for free Be sure to include the date of birth of each person the duration of whose life may affect the value of the interest. File state taxes for free Also include copies of the relevant instruments. File state taxes for free IRS charges a user fee for providing special factors. File state taxes for free   For more information about requesting a ruling, see Revenue Procedure 2006-1 (or annual update), 2006-1 I. File state taxes for free R. File state taxes for free B. File state taxes for free 1. File state taxes for free Revenue Procedure 2006-1 is available at www. File state taxes for free irs. File state taxes for free gov/irb/2006-01_IRB/ar06. File state taxes for free html. File state taxes for free   For information on the circumstances under which a charitable deduction may be allowed for the donation of a partial interest in property not in trust, see Partial Interest in Property Not in Trust, later. File state taxes for free Certain Life Insurance and Annuity Contracts The value of an annuity contract or a life insurance policy issued by a company regularly engaged in the sale of such contracts or policies is the amount that company would charge for a comparable contract. File state taxes for free But if the donee of a life insurance policy may reasonably be expected to cash the policy rather than hold it as an investment, then the FMV is the cash surrender value rather than the replacement cost. File state taxes for free If an annuity is payable under a combination annuity contract and life insurance policy (for example, a retirement income policy with a death benefit) and there was no insurance element when it was transferred to the charity, the policy is treated as an annuity contract. File state taxes for free Partial Interest in Property Not in Trust Generally, no deduction is allowed for a charitable contribution, not made in trust, of less than your entire interest in property. File state taxes for free However, this does not apply to a transfer of less than your entire interest if it is a transfer of: A remainder interest in your personal residence or farm, An undivided part of your entire interest in property, or A qualified conservation contribution. File state taxes for free Remainder Interest in Real Property The amount of the deduction for a donation of a remainder interest in real property is the FMV of the remainder interest at the time of the contribution. File state taxes for free To determine this value, you must know the FMV of the property on the date of the contribution. File state taxes for free Multiply this value by the appropriate factor. File state taxes for free Publications 1457 and 1458 contain these factors. File state taxes for free You must make an adjustment for depreciation or depletion using the factors shown in Publication 1459, Actuarial Values (Book Gimel). File state taxes for free You can use the factors for the month in which you made the contribution or for either of the two months preceding that month. File state taxes for free See the earlier discussion on Annuities, Interests for Life or Terms of Years, Remainders, and Reversions. File state taxes for free You can download Publication 1459 from www. File state taxes for free irs. File state taxes for free gov. File state taxes for free For this purpose, the term “depreciable property” means any property subject to wear and tear or obsolescence, even if not used in a trade or business or for the production of income. File state taxes for free If the remainder interest includes both depreciable and nondepreciable property, for example a house and land, the FMV must be allocated between each kind of property at the time of the contribution. File state taxes for free This rule also applies to a gift of a remainder interest that includes property that is part depletable and part not depletable. File state taxes for free Take into account depreciation or depletion only for the property that is subject to depreciation or depletion. File state taxes for free For more information, see section 1. File state taxes for free 170A-12 of the Income Tax Regulations. File state taxes for free Undivided Part of Your Entire Interest A contribution of an undivided part of your entire interest in property must consist of a part of each and every substantial interest or right you own in the property. File state taxes for free It must extend over the entire term of your interest in the property. File state taxes for free For example, you are entitled to the income from certain property for your life (life estate) and you contribute 20% of that life estate to a qualified organization. File state taxes for free You can claim a deduction for the contribution if you do not have any other interest in the property. File state taxes for free To figure the value of a contribution involving a partial interest, see Publication 1457. File state taxes for free If the only interest you own in real property is a remainder interest and you transfer part of that interest to a qualified organization, see the previous discussion on valuation of a remainder interest in real property. File state taxes for free Qualified Conservation Contribution A qualified conservation contribution is a contribution of a qualified real property interest to a qualified organization to be used only for conservation purposes. File state taxes for free Qualified organization. File state taxes for free   For purposes of a qualified conservation contribution, a qualified organization is: A governmental unit, A publicly supported charitable, religious, scientific, literary, educational, etc. File state taxes for free , organization, or An organization that is controlled by, and operated for the exclusive benefit of, a governmental unit or a publicly supported charity. File state taxes for free The organization also must have a commitment to protect the conservation purposes of the donation and must have the resources to enforce the restrictions. File state taxes for free Conservation purposes. File state taxes for free   Your contribution must be made only for one of the following conservation purposes. File state taxes for free Preserving land areas for outdoor recreation by, or for the education of, the general public. File state taxes for free Protecting a relatively natural habitat of fish, wildlife, or plants, or a similar ecosystem. File state taxes for free Preserving open space, including farmland and forest land, if it yields a significant public benefit. File state taxes for free It must be either for the scenic enjoyment of the general public or under a clearly defined federal, state, or local governmental conservation policy. File state taxes for free Preserving a historically important land area or a certified historic structure. File state taxes for free There must be some visual public access to the property. File state taxes for free Factors used in determining the type and amount of public access required include the historical significance of the property, the remoteness or accessibility of the site, and the extent to which intrusions on the privacy of individuals living on the property would be unreasonable. File state taxes for free Building in registered historic district. File state taxes for free   A contribution after July 25, 2006, of a qualified real property interest that is an easement or other restriction on the exterior of a building in a registered historic district is deductible only if it meets all of the following three conditions. File state taxes for free The restriction must preserve the entire exterior of the building and must prohibit any change to the exterior of the building that is inconsistent with its historical character. File state taxes for free You and the organization receiving the contribution must enter into a written agreement certifying, that the organization is a qualified organization and that it has the resources and commitment to maintain the property as donated. File state taxes for free If you make the contribution in a tax year beginning after August 17, 2006, you must include with your return: A qualified appraisal, Photographs of the building's entire exterior, and A description of all restrictions on development of the building, such as zoning laws and restrictive covenants. File state taxes for free   If you make this type of contribution after February 12, 2007, and claim a deduction of more than $10,000, your deduction will not be allowed unless you pay a $500 filing fee. File state taxes for free See Form 8283-V, Payment Voucher for Filing Fee Under Section 170(f)(13), and its instructions. File state taxes for free Qualified real property interest. File state taxes for free   This is any of the following interests in real property. File state taxes for free Your entire interest in real estate other than a mineral interest (subsurface oil, gas, or other minerals, and the right of access to these minerals). File state taxes for free A remainder interest. File state taxes for free A restriction (granted in perpetuity) on the use that may be made of the real property. File state taxes for free Valuation. File state taxes for free   A qualified real property interest described in (1) should be valued in a manner that is consistent with the type of interest transferred. File state taxes for free If you transferred all the interest in the property, the FMV of the property is the amount of the contribution. File state taxes for free If you do not transfer the mineral interest, the FMV of the surface rights in the property is the amount of the contribution. File state taxes for free   If you owned only a remainder interest or an income interest (life estate), see Undivided Part of Your Entire Interest, earlier. File state taxes for free If you owned the entire property but transferred only a remainder interest (item (2)), see Remainder Interest in Real Property, earlier. File state taxes for free   In determining the value of restrictions, you should take into account the selling price in arm's-length transactions of other properties that have comparable restrictions. File state taxes for free If there are no comparable sales, the restrictions are valued indirectly as the difference between the FMVs of the property involved before and after the grant of the restriction. File state taxes for free   The FMV of the property before contribution of the restriction should take into account not only current use but the likelihood that the property, without the restriction, would be developed. File state taxes for free You should also consider any zoning, conservation, or historical preservation laws that would restrict development. File state taxes for free Granting an easement may increase, rather than reduce, the value of property, and in such a situation no deduction would be allowed. File state taxes for free Example. File state taxes for free   You own 10 acres of farmland. File state taxes for free Similar land in the area has an FMV of $2,000 an acre. File state taxes for free However, land in the general area that is restricted solely to farm use has an FMV of $1,500 an acre. File state taxes for free Your county wants to preserve open space and prevent further development in your area. File state taxes for free   You grant to the county an enforceable open space easement in perpetuity on 8 of the 10 acres, restricting its use to farmland. File state taxes for free The value of this easement is $4,000, determined as follows: FMV of the property before granting easement:   $2,000 × 10 acres $20,000 FMV of the property after granting easement:   $1,500 × 8 acres $12,000   $2,000 × 2 acres 4,000 16,000 Value of easement   $4,000   If you later transfer in fee your remaining interest in the 8 acres to another qualified organization, the FMV of your remaining interest is the FMV of the 8 acres reduced by the FMV of the easement granted to the first organization. File state taxes for free More information. File state taxes for free   For more information about qualified conservation contributions, see Publication 526. File state taxes for free Appraisals Appraisals are not necessary for items of property for which you claim a deduction of $5,000 or less. File state taxes for free (There is one exception, described next, for certain clothing and household items. File state taxes for free ) However, you generally will need an appraisal for donated property for which you claim a deduction of more than $5,000. File state taxes for free There are exceptions. File state taxes for free See Deductions of More Than $5,000, later. File state taxes for free The weight given an appraisal depends on the completeness of the report, the qualifications of the appraiser, and the appraiser's demonstrated knowledge of the donated property. File state taxes for free An appraisal must give all the facts on which to base an intelligent judgment of the value of the property. File state taxes for free The appraisal will not be given much weight if: All the factors that apply are not considered, The opinion is not supported with facts, such as purchase price and comparable sales, or The opinion is not consistent with known facts. File state taxes for free The appraiser's opinion is never more valid than the facts on which it is based; without these facts it is simply a guess. File state taxes for free The opinion of a person claiming to be an expert is not binding on the Internal Revenue Service. File state taxes for free All facts associated with the donation must be considered. File state taxes for free Deduction over $500 for certain clothing or household items. File state taxes for free   You must include with your return a qualified appraisal of any single item of clothing or any household item that is not in good used condition or better, that you donated after August 17, 2006, and for which you deduct more than $500. File state taxes for free See Household Goods and Used Clothing, earlier. File state taxes for free Cost of appraisals. File state taxes for free   You may not take a charitable contribution deduction for fees you pay for appraisals of your donated property. File state taxes for free However, these fees may qualify as a miscellaneous deduction, subject to the 2% limit, on Schedule A (Form 1040) if paid to determine the amount allowable as a charitable contribution. File state taxes for free Deductions of More Than $5,000 Generally, if the claimed deduction for an item or group of similar items of donated property is more than $5,000, you must get a qualified appraisal made by a qualified appraiser, and you must attach Section B of Form 8283 to your tax return. File state taxes for free There are exceptions, discussed later. File state taxes for free You should keep the appraiser's report with your written records. File state taxes for free Records are discussed in Publication 526. File state taxes for free The phrase “similar items” means property of the same generic category or type (whether or not donated to the same donee), such as stamp collections, coin collections, lithographs, paintings, photographs, books, nonpublicly traded stock, nonpublicly traded securities other than nonpublicly traded stock, land, buildings, clothing, jewelry, furniture, electronic equipment, household appliances, toys, everyday kitchenware, china, crystal, or silver. File state taxes for free For example, if you give books to three schools and you deduct $2,000, $2,500, and $900, respectively, your claimed deduction is more than $5,000 for these books. File state taxes for free You must get a qualified appraisal of the books and for each school you must attach a fully completed Form 8283, Section B, to your tax return. File state taxes for free Exceptions. File state taxes for free   You do not need an appraisal if the property is: Nonpublicly traded stock of $10,000 or less, A vehicle (including a car, boat, or airplane) for which your deduction is limited to the gross proceeds from its sale, Qualified intellectual property, such as a patent, Certain publicly traded securities described next, Inventory and other property donated by a corporation that are “qualified contributions” for the care of the ill, the needy, or infants, within the meaning of section 170(e)(3)(A) of the Internal Revenue Code, or Stock in trade, inventory, or property held primarily for sale to customers in the ordinary course of your trade or business. File state taxes for free   Although an appraisal is not required for the types of property just listed, you must provide certain information about a donation of any of these types of property on Form 8283. File state taxes for free Publicly traded securities. File state taxes for free   Even if your claimed deduction is more than $5,000, neither a qualified appraisal nor Section B of Form 8283 is required for publicly traded securities that are: Listed on a stock exchange in which quotations are published on a daily basis, Regularly traded in a national or regional over-the-counter market for which published quotations are available, or Shares of an open-end investment company (mutual fund) for which quotations are published on a daily basis in a newspaper of general circulation throughout the United States. File state taxes for free Publicly traded securities that meet these requirements must be reported on Form 8283, Section A. File state taxes for free   A qualified appraisal is not required, but Form 8283, Section B, Parts I and IV, must be completed, for an issue of a security that does not meet the requirements just listed but does meet these requirements: The issue is regularly traded during the computation period (defined later) in a market for which there is an “interdealer quotation system” (defined later), The issuer or agent computes the “average trading price” (defined later) for the same issue for the computation period, The average trading price and total volume of the issue during the computation period are published in a newspaper of general circulation throughout the United States, not later than the last day of the month following the end of the calendar quarter in which the computation period ends, The issuer or agent keeps books and records that list for each transaction during the computation period the date of settlement of the transaction, the name and address of the broker or dealer making the market in which the transaction occurred, and the trading price and volume, and The issuer or agent permits the Internal Revenue Service to review the books and records described in item (4) with respect to transactions during the computation period upon receiving reasonable notice. File state taxes for free   An interdealer quotation system is any system of general circulation to brokers and dealers that regularly disseminates quotations of obligations by two or more identified brokers or dealers who are not related to either the issuer or agent who computes the average trading price of the security. File state taxes for free A quotation sheet prepared and distributed by a broker or dealer in the regular course of business and containing only quotations of that broker or dealer is not an interdealer quotation system. File state taxes for free   The average trading price is the average price of all transactions (weighted by volume), other than original issue or redemption transactions, conducted through a United States office of a broker or dealer who maintains a market in the issue of the security during the computation period. File state taxes for free Bid and asked quotations are not taken into account. File state taxes for free   The computation period is weekly during October through December and monthly during January through September. File state taxes for free The weekly computation periods during October through December begin with the first Monday in October and end with the first Sunday following the last Monday in December. File state taxes for free Nonpublicly traded stock. File state taxes for free   If you contribute nonpublicly traded stock, for which you claim a deduction of $10,000 or less, a qualified appraisal is not required. File state taxes for free However, you must attach Form 8283 to your tax return, with Section B, Parts I and IV, completed. File state taxes for free Deductions of More Than $500,000 If you claim a deduction of more than $500,000 for a donation of property, you must attach a qualified appraisal of the property to your return. File state taxes for free This does not apply to contributions of cash, inventory, publicly traded stock, or intellectual property. File state taxes for free If you do not attach the appraisal, you cannot deduct your contribution, unless your failure to attach the appraisal is due to reasonable cause and not to willful neglect. File state taxes for free Qualified Appraisal Generally, if the claimed deduction for an item or group of similar items of donated property is more than $5,000, you must get a qualified appraisal made by a qualified appraiser. File state taxes for free You must also complete Form 8283, Section B, and attach it to your tax return. File state taxes for free See Deductions of More Than $5,000, earlier. File state taxes for free A qualified appraisal is an appraisal document that: Is made, signed, and dated by a qualified appraiser (defined later) in accordance with generally accepted appraisal standards, Meets the relevant requirements of Regulations section 1. File state taxes for free 170A-13(c)(3) and Notice 2006-96, 2006-46 I. File state taxes for free R. File state taxes for free B. File state taxes for free 902 (available at www. File state taxes for free irs. File state taxes for free gov/irb/2006-46_IRB/ar13. File state taxes for free html), Relates to an appraisal made not earlier than 60 days before the date of contribution of the appraised property, Does not involve a prohibited appraisal fee, and Includes certain information (covered later). File state taxes for free You must receive the qualified appraisal before the due date, including extensions, of the return on which a charitable contribution deduction is first claimed for the donated property. File state taxes for free If the deduction is first claimed on an amended return, the qualified appraisal must be received before the date on which the amended return is filed. File state taxes for free Form 8283, Section B, must be attached to your tax return. File state taxes for free Generally, you do not need to attach the qualified appraisal itself, but you should keep a copy as long as it may be relevant under the tax law. File state taxes for free There are four exceptions. File state taxes for free If you claim a deduction of $20,000 or more for donations of art, you must attach a complete copy of the appraisal. File state taxes for free See Paintings, Antiques, and Other Objects of Art, earlier. File state taxes for free If you claim a deduction of more than $500,000 for a donation of property, you must attach the appraisal. File state taxes for free See Deductions of More Than $500,000, earlier. File state taxes for free If you claim a deduction of more than $500 for an article of clothing, or a household item, that is not in good used condition or better, that you donated after August 17, 2006, you must attach the appraisal. File state taxes for free See Deduction over $500 for certain clothing or household items, earlier. File state taxes for free If you claim a deduction in a tax year beginning after August 17, 2006, for an easement or other restriction on the exterior of a building in a historic district, you must attach the appraisal. File state taxes for free See Building in registered historic district, earlier. File state taxes for free Prohibited appraisal fee. File state taxes for free   Generally, no part of the fee arrangement for a qualified appraisal can be based on a percentage of the appraised value of the property. File state taxes for free If a fee arrangement is based on what is allowed as a deduction, after Internal Revenue Service examination or otherwise, it is treated as a fee based on a percentage of appraised value. File state taxes for free However, appraisals are not disqualified when an otherwise prohi
Español

Regulatory Information Service Center

The Regularoty Information Service Center is the face of the Office of Information and Regulatory Affairs. The Office reviews all pending federal regulations. The Center makes available all current federal regulations in the Unified Agenda. Further, the Center lists all pending regulations that are currently under review by the Office in the Dashboard.

Contact the Agency or Department

Website: Regulatory Information Service Center The Unified Agenda Pending Federal Regulations Dashboard Office of Information and Regulatory Affairs (OMB)

Address: OIRA, Office of Management and Budget
725 17th St NW

Washington, DC 20503

Phone Number: (202) 482-7340 (Information about the Service Center)

The File State Taxes For Free

File state taxes for free Index Symbols (ITIN), Filers who have certain child dependents with an Individual Taxpayer Identification Number (ITIN). File state taxes for free 10% tax for early withdrawal from IRA or retirement plan (see Early withdrawal from deferred interest account, subheading: Tax on) 10-year tax option, 10-Year Tax Option 401(k) plans Tax treatment of contributions, Elective deferrals. File state taxes for free 403(b) plans Rollovers, Rollovers, Rollover From Employer's Plan Into an IRA, Rollover from a qualified retirement plan into a Roth IRA. File state taxes for free 457 plans (see Section 457 deferred compensation plans) 529 plans (see Qualified tuition programs) 59 rule, Age 59½ rule. File state taxes for free 60 day rule, Time limit for making a rollover contribution. File state taxes for free 70 rule, Age 70½ rule. File state taxes for free , Nonresident alien spouse. File state taxes for free A Abandonment of home, Abandonment. File state taxes for free Abortion Deductibility as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Abroad, citizens traveling or working, Employees of foreign governments or international organizations. File state taxes for free , Foreign Employer, Travel Outside the United States, Travel Primarily for Business (see also Citizens outside U. File state taxes for free S. File state taxes for free ) (see also Foreign employment) Absence, temporary, Temporary absences. File state taxes for free , Temporary absences. File state taxes for free Accelerated death benefits, Accelerated Death Benefits, Exclusion for terminal illness. File state taxes for free Accident insurance, Accident or Health Plan Cafeteria plans, Cafeteria plans. File state taxes for free Long-term care, Long-term care coverage. File state taxes for free , Long-Term Care Insurance Contracts Accidental death benefits, Accidental death benefits. File state taxes for free Accidents, car, Deductible losses. File state taxes for free Value determination, Car value. File state taxes for free Willful negligence or intentional act as cause, Nondeductible losses. File state taxes for free Accountable plans for employee reimbursements, Accountable Plans, Related to employer. File state taxes for free Accountants Basis to include fees of, Cost Basis CPA review courses, Bar or CPA Review Course Accounting methods, Accounting Methods Accrual method (see Accrual method taxpayers) Cash method (see Cash method taxpayers) Change of Depreciation, to deduct unclaimed amount, Changing your accounting method to deduct unclaimed depreciation. File state taxes for free Accounting periods, Accounting Periods Calendar year, When Do I Have To File?, Accounting Periods, Accounting period. File state taxes for free Change in, standard deduction not allowed, Persons not eligible for the standard deduction. File state taxes for free Fiscal year, Accounting Periods, Fiscal year taxpayers. File state taxes for free , Fiscal Years Fringe benefits, Accounting period. File state taxes for free Accrual method taxpayers, Accrual method. File state taxes for free Taxes paid during tax year, deduction of, You must pay the tax during your tax year. File state taxes for free Accumulation distribution of trusts Tax on, Other taxes. File state taxes for free Accuracy-related penalties, Accuracy-related penalty. File state taxes for free Acknowledgment, Acknowledgment. File state taxes for free Activities not for profit, Activity not for profit. File state taxes for free Address, Name and Address Change of, Change of Address Foreign, Foreign address. File state taxes for free P. File state taxes for free O. File state taxes for free box, P. File state taxes for free O. File state taxes for free box. File state taxes for free Address, filing, Where To File Adjusted basis, Adjusted Basis, Postponed gain from sale of home. File state taxes for free Decreases to basis, Decreases to Basis Depreciation, Depreciation and section 179 deduction. File state taxes for free Easements, Easements. File state taxes for free Energy conservation subsidies exclusion, Exclusion of subsidies for energy conservation measures. File state taxes for free Gifts, Property Received as a Gift Home sale (see Sale of home) Improvements, Improvements. File state taxes for free Increases to basis, Increases to Basis Local assessments, Assessments for local improvements. File state taxes for free Sales of property, Adjusted basis. File state taxes for free Section 179 deduction, Depreciation and section 179 deduction. File state taxes for free Adjusted gross income (AGI) Medical and dental expenses and limit of deduction, How Much of the Expenses Can You Deduct?, What Tax Form Do You Use? Retirement savings contribution credit, Special Rules Adjustments, Adjustments and tax preference items. File state taxes for free Administrators, estate (see Executors and administrators) Adopted child, Exception for adopted child. File state taxes for free , Adopted child. File state taxes for free , Adopted child. File state taxes for free , Taxpayer identification numbers for adoptees. File state taxes for free Earned income credit, Adopted child. File state taxes for free Adoption, Adoption Credit, Child with special needs. File state taxes for free ATIN, Adoption taxpayer identification number (ATIN). File state taxes for free , Adoption taxpayer identification number (ATIN). File state taxes for free Child tax credit, Adopted child. File state taxes for free (see also Child tax credit) Credits, Personal Expenses Married filing separately, Special Rules Taking, When to take the credit. File state taxes for free Employer assistance, Adoption Assistance Exception for adopted child, Exception for adopted child. File state taxes for free Exemption for child, Personal Expenses Expenses not deductible Foster care prior to, no charitable deduction, Foster parents. File state taxes for free No charitable deduction for, Personal Expenses Foreign child, Foreign child. File state taxes for free Medical and dental expenses of adopted child, Qualifying Child Taxpayer identification number, Adoption taxpayer identification number (ATIN). File state taxes for free , Taxpayer identification numbers for aliens. File state taxes for free Taxpayer identification numbers (TINs), Adoption taxpayer identification number (ATIN). File state taxes for free Age Children's investments (see Children, subheading: Investment income of child under age 18) Form 1040EZ, taxpayer under 65 may use, You can use Form 1040EZ if all of the following apply. File state taxes for free Gross income and filing requirements (Table 1-1), Introduction IRAs Contribution cutoff at age 70, Age 70½ rule. File state taxes for free Distribution prior to age 59, Age 59½ rule. File state taxes for free Distribution required at age 70, IRA owners. File state taxes for free , Excess Accumulations (Insufficient Distributions) Pension distributions required at age 70, Age 70½. File state taxes for free Retirement plan recipients over age 75, Who must use the General Rule. File state taxes for free Roth IRAs, Is there an age limit for contributions?, Must you withdraw or use Roth IRA assets? Standard deduction for age 65 or older, Higher Standard Deduction for Age (65 or Older) Age test, Age Test (see Qualifying child) Agents, Losses on sales or trades of property. File state taxes for free (see also Fiduciaries) Income paid to, Payment to an agent. File state taxes for free Signing return, When someone can sign for you. File state taxes for free AGI (see Adjusted gross income (AGI)) Agricultural workers (see Farmers) (see Farmworkers) Agriculture (see Farming) Aircraft Charitable gift of, deduction for fair market value, Cars, boats, and airplanes. File state taxes for free Airline club dues Not entertainment expenses, Club dues and membership fees. File state taxes for free Airplanes, donations of, Cars, boats, and airplanes. File state taxes for free Airport transportation Business-related travel expense, Table 26-1. File state taxes for free Travel Expenses You Can Deduct This chart summarizes expenses you can deduct when you travel away from home for business purposes. File state taxes for free Alaska Standard meal allowance, Standard meal allowance for areas outside the continental United States. File state taxes for free Alaska Permanent Fund dividends, Alaska Permanent Fund dividend. File state taxes for free Child's dividends, Child's Alaska Permanent Fund dividends. File state taxes for free Income from, You can use Form 1040EZ if all of the following apply. File state taxes for free , You can use Form 1040A if all of the following apply. File state taxes for free , Alaska Permanent Fund dividends. File state taxes for free Investment income not to include, Investment income. File state taxes for free Alaska Unemployment Compensation Fund, Contributions to state benefit funds. File state taxes for free Alcohol rehabilitation centers Deductibility of medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Alcoholic beverages IRA prohibited transactions in, Collectibles. File state taxes for free Aliens, Individual taxpayer identification number (ITIN) for aliens. File state taxes for free , Not earned income. File state taxes for free Dual-status (see Dual-status taxpayers) Filing required, Aliens Nonresident (see Nonresident aliens) Resident (see Resident aliens) Alimony, Alimony, Introduction, Spouse or former spouse. File state taxes for free , Payments not alimony. File state taxes for free , Payments to a third party. File state taxes for free , Life insurance premiums. File state taxes for free , Payments for jointly-owned home. File state taxes for free , Mortgage payments. File state taxes for free , Taxes and insurance. File state taxes for free , Other payments to a third party. File state taxes for free , Instruments Executed After 1984, Exception for instruments executed before 1985. File state taxes for free , Alimony requirements. File state taxes for free , Cash payment requirement. File state taxes for free , Payments to a third party. File state taxes for free , Payments designated as not alimony. File state taxes for free , Spouses cannot be members of the same household. File state taxes for free , Liability for payments after death of recipient spouse. File state taxes for free , Substitute payments. File state taxes for free , How To Deduct Alimony Paid, How To Report Alimony Received, Recapture Rule, Including the recapture in income. File state taxes for free , Deducting the recapture. File state taxes for free Definition of, Introduction Mortgage payments Interest deduction, Divorced or separated individuals. File state taxes for free Reporting of income, Alimony. File state taxes for free Alternative filing methods Electronic (see E-file ) Alternative minimum tax (AMT), Alternative Minimum Tax (AMT) Child's tax, figuring of, Alternative minimum tax. File state taxes for free Exempt-interest dividends, Alternative minimum tax treatment. File state taxes for free Filing requirements (Table 1-3), Figuring tax. File state taxes for free Incentive stock option, You can use Form 1040A if all of the following apply. File state taxes for free Nonrefundable credit for prior year tax, Nonrefundable Credit for Prior Year Minimum Tax Alternative motor vehicle credit, Alternative Motor Vehicle Credit, Amount of credit. File state taxes for free Ambulance service personnel Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty Amended returns, Amended Returns and Claims for Refund, Form 1040X. File state taxes for free , Filing Form 1040X. File state taxes for free (see also Form 1040X) Itemized deduction, change to standard deduction, Changing your mind. File state taxes for free Standard deduction, change to itemized deductions, Changing your mind. File state taxes for free American citizens abroad, U. File state taxes for free S. File state taxes for free Citizens and Resident Aliens Living Abroad (see also Citizens outside U. File state taxes for free S. File state taxes for free ) Employment (see Foreign employment) American Indians (see Indians) American opportunity credit Tuition deduction and, Who Cannot Claim the Deduction American Samoa Income from, Individuals With Income From U. File state taxes for free S. File state taxes for free Possessions Amortization Bond premiums, treatment of, Amortization of bond premium. File state taxes for free AMT (see Alternative minimum tax (AMT)) Annuities, Rollovers (see also Rollovers) Cost computation, Cost (Investment in the Contract) Decedent's unrecovered investment in, Form W-2. File state taxes for free Early distributions from, Tax on Early Distributions Deferred annuity contracts, 5% rate on certain early distributions from deferred annuity contracts. File state taxes for free , Additional exceptions for nonqualified annuity contracts. File state taxes for free Estimated tax, Withholding and estimated tax. File state taxes for free Exclusion limit, Exclusion limit. File state taxes for free General Rule Annuity starting before November 19, 1996, Annuity starting before November 19, 1996. File state taxes for free Nonqualified plans and qualified plans for recipients over 75 years, Who must use the General Rule. File state taxes for free Purchased annuities, Purchased annuities. File state taxes for free Survivor's annuity, Survivors of retirees. File state taxes for free Guaranteed payments, Guaranteed payments. File state taxes for free IRAs as, Kinds of traditional IRAs. File state taxes for free Joint return, Joint return. File state taxes for free Loans from plan, Loans. File state taxes for free Lump-sum distributions, Lump-Sum Distributions Multiple plan benefits, More than one program. File state taxes for free , More than one annuity. File state taxes for free Partly taxable payments, Partly taxable payments. File state taxes for free Purchased annuities, Purchased annuities. File state taxes for free Reporting of, How To Report Retirement annuities, Retirement Plans, Pensions, and Annuities (see also Retirement plans) Rollovers, Rollovers Sale of, Sale of Annuity Gain as ordinary income, Tax-free exchange. File state taxes for free Simplified method to calculate tax-free part of annuity payment, Simplified Method Survivor's annuity, Survivors of retirees. File state taxes for free Worksheet for computation, How to use the Simplified Method. File state taxes for free Survivor annuities, Survivors and Beneficiaries Trade of insurance policies and annuities, Insurance policies and annuities. File state taxes for free Unrecovered investment, Unrecovered Investment in Annuity Withholding, Form W-2. File state taxes for free , Pensions and Annuities, Withholding and estimated tax. File state taxes for free Annulled marriages Filing status, Annulled marriages. File state taxes for free Anthrax incidents (see Terrorist attacks) Antiques (see Collectibles) Appliances Deterioration and damage, not casualty loss, Progressive deterioration. File state taxes for free Appraisal fees, Appraisal Fees Donated property, Appraisal Fees Not deductible as interest, Amounts charged for services. File state taxes for free Real estate transactions, when required by lender, Settlement costs. File state taxes for free Appraisals Casualty or theft losses, Appraisal. File state taxes for free , Costs of photographs and appraisals. File state taxes for free Archer MSAs, Medical savings accounts (MSAs). File state taxes for free Contributions, Archer MSA contributions. File state taxes for free Medical expenses paid for decedent from, Decedent Not deductible as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Armed forces, Types of Qualified Organizations, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Armed Forces reservists. File state taxes for free (see also Reservists) (see also Veterans' organizations) Combat zone Extension to file return, Individuals Serving in Combat Zone Signing return for spouse, Spouse in combat zone. File state taxes for free Dependency allotments, Armed Forces dependency allotments. File state taxes for free Disability pay, Disability. File state taxes for free Disability pensions, Military and Government Disability Pensions GI Bill benefits, Tuition payments and allowances under the GI Bill. File state taxes for free Military, Military uniforms. File state taxes for free Military quarters allotments, Tax-exempt military quarters allowances. File state taxes for free Naval officers on permanent duty aboard ship, Members of the Armed Forces. File state taxes for free Permanent duty overseas, Members of the Armed Forces. File state taxes for free Real estate taxes when receiving housing allowance, Ministers' and military housing allowances. File state taxes for free , Ministers' and military housing allowance. File state taxes for free Rehabilitative program payments, Veterans' benefits. File state taxes for free Reserves, Armed Forces reservists traveling more than 100 miles from home. File state taxes for free Retirees' pay Taxable income, Military retirement pay. File state taxes for free Uniforms, Military uniforms. File state taxes for free Wages, Military Armed Forces Retiree's pay withholding, Military retirees. File state taxes for free Art works As capital assets, Capital Assets and Noncapital Assets, Gold, silver, stamps, coins, gems, etc. File state taxes for free Capital gains or losses from sale or trade of, Investment interest deducted. File state taxes for free Artists, performing (see Performing artists) Assessments, local (see Local assessments) Assistance (see Tax help) Assistance, tax (see Tax help) Assumption of mortgage, Assumption of mortgage. File state taxes for free Fees not included in basis, Settlement costs. File state taxes for free At-risk rules Rental property, At-Risk Rules Athletic events Charitable contributions, amount deductible, Athletic events. File state taxes for free ATIN (Adoption taxpayer identification number), Adoption taxpayer identification number (ATIN). File state taxes for free Attachment of wages, Garnisheed wages. File state taxes for free Attachments to return, Attachments Attorneys Bar review courses, Bar or CPA Review Course Attorneys' fees, Legal Expenses, Personal Legal Expenses Basis to include, Cost Basis Social security and railroad retirement benefits, deductions for, Legal expenses. File state taxes for free Title to property, for preparation, filing, etc. File state taxes for free , Settlement costs. File state taxes for free Audits Travel expense records, If your return is examined. File state taxes for free Auto insurance Medical expenses covered by, not deductible, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Automatic extension of time to file, Automatic Extension, When to file. File state taxes for free Form 4868, E-file options. File state taxes for free Automatic investment services Holding period, determination of, Automatic investment service. File state taxes for free Awards (see Prizes and awards) Away-from-home travel (see Travel and transportation expenses) B Babysitting, Babysitting. File state taxes for free Back pay, award for, Back pay awards. File state taxes for free Emotional distress damages under title VII of Civil Rights Act of 1964, Court awards and damages. File state taxes for free Backup withholding, Backup Withholding, Backup withholding. File state taxes for free , Backup withholding. File state taxes for free Dividend income, Backup withholding. File state taxes for free , Reporting tax withheld. File state taxes for free Penalties, Penalties. File state taxes for free Bad debts Bank deposit, loss due to bank's insolvency or bankruptcy, Nonbusiness bad debt. File state taxes for free Reporting on Schedule D (Form 1040), How to report. File state taxes for free Claim for refund, Exceptions for special types of refunds. File state taxes for free , Filing a claim for refund. File state taxes for free Nonbusiness, Nonbusiness Bad Debts Recovery, Recoveries Reporting of, How to report bad debts. File state taxes for free Short-term capital loss, How to report bad debts. File state taxes for free When deductible, When deductible. File state taxes for free Baggage Business-related travel expense, Table 26-1. File state taxes for free Travel Expenses You Can Deduct This chart summarizes expenses you can deduct when you travel away from home for business purposes. File state taxes for free Balance due, Refund or balance due. File state taxes for free Bankruptcy Canceled debt not deemed to be income, Excluded debt. File state taxes for free Financial institution's bankruptcy causing deductible loss, Loss on Deposits Reporting of, Loss on deposits. File state taxes for free Banks Automatic investment service, determination of holding period, Automatic investment service. File state taxes for free IRAs with, When and How Can a Traditional IRA Be Opened? Losses on deposits, when casualty losses, Deposit in Insolvent or Bankrupt Financial Institution, Loss on Deposits Reporting of, Loss on deposits. File state taxes for free Money market accounts, Money Market Funds Bar associations Charitable contributions to, Contributions to Nonqualified Organizations Bar employees Tips (see Tip income) Bar review courses, Bar or CPA Review Course Bargain sales As charitable contributions, Bargain sales. File state taxes for free Basis of purchase, Bargain purchases. File state taxes for free Barter income, Bartering Definition of bartering, Bartering Form 1099-B, Form 1099-B from barter exchange. File state taxes for free Basis Adjusted basis, Adjusted Basis Allocation between business and personal use, Introduction Bad debts, Basis in bad debt required. File state taxes for free Bargain purchases, Bargain purchases. File state taxes for free Bonds, Stocks and Bonds, Bond premium. File state taxes for free Cost basis, Useful Items - You may want to see: IRAs for nondeductible contributions, Cost basis. File state taxes for free , Partly taxable. File state taxes for free Definition of, Introduction Gifts, Property Received as a Gift Home sales (see Sale of home) Improvements to real estate, Improvements. File state taxes for free Involuntary conversion, Involuntary Conversions Like-kind exchanges, Basis of property received. File state taxes for free Other than cost, Basis Other Than Cost, Tax-exempt obligations. File state taxes for free , No gain or loss. File state taxes for free Points not to be included, Settlement costs. File state taxes for free , Points. File state taxes for free Property received for services, Property Received for Services Real estate, Real Property Restricted property, Restricted property. File state taxes for free Stock or stock rights, Basis. File state taxes for free Tax-exempt obligations Bonds, Tax-exempt obligations. File state taxes for free Transfers between spouses, Property Transferred From a Spouse, Transfers Between Spouses Beetles Damage or destruction to trees and plants, when casualty loss, Progressive deterioration. File state taxes for free Beneficiaries, Beneficiary of an estate or trust. File state taxes for free , Rollover by surviving spouse. File state taxes for free , Estate and trust income. File state taxes for free , Losses. File state taxes for free (see also Estate beneficiaries) (see also Trust beneficiaries) Bequests, Estate and trust income. File state taxes for free , Losses. File state taxes for free , Gifts and inheritances. File state taxes for free , Income from property received as a gift. File state taxes for free (see also Estate beneficiaries) (see also Gifts) (see also Inheritance) Bicycle Fringe benefit, Qualified bicycle commuting. File state taxes for free Bingo, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Contributions From Which You Benefit Birth control pills, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Birth of child, Death or birth of child. File state taxes for free Head of household, qualifying person to file as, Death or birth. File state taxes for free , Death or birth. File state taxes for free Social security number to be obtained, Born and died in 2013. File state taxes for free Birth of dependent, Death or birth. File state taxes for free Blackmail Losses due to, Theft Blind persons Exemption from withholding, Age 65 or older or blind. File state taxes for free Guide dogs, deductible as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Impairment-related work expenses, deduction for, Impairment-Related Work Expenses Standard deduction for, Introduction, Higher Standard Deduction for Blindness Blood banks No charitable deduction for blood donations to, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Value of Time or Services Blue books to determine fair market value, Cars, boats, and airplanes. File state taxes for free Boats Charitable gift of, deduction for fair market value, Cars, boats, and airplanes. File state taxes for free Donations of, Cars, boats, and airplanes. File state taxes for free Body scan, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Bona fide business purpose Travel expenses, Bona fide business purpose. File state taxes for free Work-related education, Qualifying Work-Related Education Bonds Adjusted basis for, Stocks and Bonds Amortization of premium, Amortization of bond premium. File state taxes for free , Amortizable Premium on Taxable Bonds As capital assets, Capital Assets and Noncapital Assets, Stocks, stock rights, and bonds. File state taxes for free Convertible bonds, Convertible stocks and bonds. File state taxes for free Discounted Capital gain or loss, Discounted Debt Instruments Issued at discount, Original Issue Discount (OID) Market discount bonds, Market discount bonds. File state taxes for free Original issue discount, Original Issue Discount (OID) Redemption of, Redemption or retirement of bonds. File state taxes for free Retirement of, Retirement bonds. File state taxes for free , Redemption or retirement of bonds. File state taxes for free Sale of, Bonds Sold Between Interest Dates Savings, U. File state taxes for free S. File state taxes for free Savings Bonds, Series HH bonds. File state taxes for free , Series EE and series I bonds. File state taxes for free Sold at premium, computation of adjusted basis, Bond premium. File state taxes for free State or local government, tax-exempt, Tax-exempt state and local government bonds. File state taxes for free Tax-exempt, State or Local Government Obligations Bonuses, Supplemental Wages, Bonuses and awards. File state taxes for free , Employee awards or bonuses. File state taxes for free Bookkeeping (see Recordkeeping requirements) Books to determine fair market value, Car value. File state taxes for free Borrowed funds, Loans. File state taxes for free , Items You Cannot Deduct (see also Loans) Used for charitable contributions, deduction for, Borrowed funds. File state taxes for free Bottled water, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Boy Scouts Charitable contributions to, Examples. File state taxes for free , Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check Braille books, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Breach of contract Damages as income, Court awards and damages. File state taxes for free employment, Damages for Breach of Employment Contract Breast pump and supplies, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Bribes, Bribes. File state taxes for free , List of Nondeductible Expenses Brokers Form 1099-B, Sales and Trades IRAs with, When and How Can a Traditional IRA Be Opened? Commissions, Brokers' commissions. File state taxes for free , Brokers' commissions. File state taxes for free Receiving dividends, reporting on Form 1099-MISC, Form 1099-MISC. File state taxes for free Burglary Losses due to, Theft Burial expenses, List of Nondeductible Expenses (see Funerals) Business associates, Meals and Incidental Expenses, Entertainment Expenses (see also Entertainment expenses) Business travel to meet, Transportation Expenses Travel expenses of, paying for, Business associate. File state taxes for free Business expenses, Meals and Incidental Expenses, Entertainment Expenses (see also Entertainment expenses) Job search expenses, Job interview expenses. File state taxes for free Meal expenses (see Meal and lodging expenses) Reimbursements, Expense allowances. File state taxes for free , Allowances and reimbursements. File state taxes for free Returning excess for business expenses, Returning Excess Reimbursements Returning excess business expenses, Expense allowances. File state taxes for free Travel (see Travel and transportation expenses) Work-related education, What Expenses Can Be Deducted Business organizations Charitable contributions to, Contributions to Nonqualified Organizations Business property As gift, adjusted basis for, Business property. File state taxes for free Basis for depreciation, Basis for depreciation. File state taxes for free Property use changed to, adjusted basis for, Property Changed From Personal to Business or Rental Use Sales or exchanges Like-kind exchanges, Like-kind exchanges. File state taxes for free Business tax credits Claim for refund, Exceptions for special types of refunds. File state taxes for free Business use of home, Home Office C Cafeteria plans, Cafeteria plans. File state taxes for free Calendar year taxpayers Accounting periods, When Do I Have To File?, Accounting Periods, Accounting period. File state taxes for free Filing due date, When Do I Have To File? California Nonoccupational Disability Benefit Fund, Contributions to state benefit funds. File state taxes for free Campaign contributions, Campaign contributions. File state taxes for free , Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Contributions to Nonqualified Organizations Presidential Election Campaign Fund, Presidential Election Campaign Fund Campaign expenses, Campaign Expenses Canada Resident of, Citizen or Resident Test, Child in Canada or Mexico. File state taxes for free Cancellation of debt, Canceled Debts Exceptions to treatment as income, Exceptions Candidates for public office Contributions to, no charitable deduction for, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Contributions to Nonqualified Organizations Capital assets Coal and iron ore, Coal and iron ore. File state taxes for free Definition of, Capital Assets and Noncapital Assets Capital expenses, Capital expenses. File state taxes for free Capital gains or losses, Capital Gains and Losses, How to report and postpone gain. File state taxes for free , Reporting Gains and Losses Bad debts as short-term capital loss, How to report bad debts. File state taxes for free Carryover of, Long-term gains and losses. File state taxes for free , Capital loss carryover. File state taxes for free Worksheet, Figuring your carryover. File state taxes for free Character of gain, Capital Gains and Losses Character of loss, Capital Gains and Losses Child's distributions and dividends, reporting of, Child's capital gain distributions. File state taxes for free , Capital gain distributions and qualified dividends. File state taxes for free Collectibles, Investment interest deducted. File state taxes for free Deductions, Capital Losses Limit on, Limit on deduction. File state taxes for free Distributions, Money Market Funds Form 1040 or 1040A to be used, You can use Form 1040A if all of the following apply. File state taxes for free , How To Report Dividend Income Form 8949, Reporting Gains and Losses Hobbies, sales from collections, Hobby losses. File state taxes for free Holding period, determination of, Holding Period How to report, Reporting Capital Gains and Losses Installment sales and, Installment sales. File state taxes for free Lump-sum distributions from pensions and annuities, Capital Gain Treatment Mutual funds paying, Capital Gain Distributions Net capital gain, Capital Gains and Losses, Long-term gains and losses. File state taxes for free , Capital Gain Tax Rates Included as investment income, Choosing to include net capital gain. File state taxes for free Net long-term capital loss, Long-term gains and losses. File state taxes for free Sale of personal items, Sale of personal items. File state taxes for free Sale or trade of property held more than 1 year, Long-term or short-term. File state taxes for free , Long-term gains and losses. File state taxes for free Schedule D, Reporting Gains and Losses , Reporting Capital Gains and Losses Section 1250 gains from sale of real property, Capital Gains and Losses, Unrecaptured section 1250 gain. File state taxes for free State or local government bonds, tax-exempt, Tax-exempt state and local government bonds. File state taxes for free Tax rates, Capital Gain Tax Rates Total net gain, Total net gain or loss. File state taxes for free Total net loss, Total net gain or loss. File state taxes for free Undistributed gains, Long-term gains and losses. File state taxes for free Credit for tax on, Undistributed capital gains of mutual funds and REITs. File state taxes for free , Credit for Tax on Undistributed Capital Gain Car expenses, Car expenses. File state taxes for free Car pools, Car pools. File state taxes for free , Car pools. File state taxes for free Carrybacks Business tax credit carrybacks, Exceptions for special types of refunds. File state taxes for free Carryovers Capital loss, Long-term gains and losses. File state taxes for free , Capital loss carryover. File state taxes for free Worksheet, Figuring your carryover. File state taxes for free Investment interest, Limit on Deduction Cars, Transportation, Transporting school children. File state taxes for free , Car Expenses and Other Employee Business Expenses, Car Expenses (see also Standard mileage rates) (see also Travel and transportation) Accidents resulting in casualty loss, Deductible losses. File state taxes for free Value determination, Car value. File state taxes for free Willful negligence or intentional act as cause, Nondeductible losses. File state taxes for free Actual expenses, Car Expenses, Actual Car Expenses Advertising displays on, Advertising display on car. File state taxes for free Allowances from employers, Per Diem and Car Allowances As capital assets, Capital Assets and Noncapital Assets Blue book to determine fair market value, Cars, boats, and airplanes. File state taxes for free Books to determine fair market value, Car value. File state taxes for free Business and personal use, allocation between, Business and personal use. File state taxes for free , Separating expenses. File state taxes for free Business-related travel expenses, Table 26-1. File state taxes for free Travel Expenses You Can Deduct This chart summarizes expenses you can deduct when you travel away from home for business purposes. File state taxes for free Car pools, Car pools. File state taxes for free Charitable gift of, deduction for fair market value, Cars, boats, and airplanes. File state taxes for free Charitable organization service, use for, Car expenses. File state taxes for free Depreciation, Depreciation and section 179 deductions. File state taxes for free Donations of, Cars, boats, and airplanes. File state taxes for free Fixed and variable rate (FAVR), Fixed and variable rate (FAVR). File state taxes for free Form 2106 or 2106-EZ, how to fill out, Car expenses. File state taxes for free Hauling tools or instruments, Hauling tools or instruments. File state taxes for free Interest on loans, not deductible, Personal Interest Leased vehicles, Leasing a car. File state taxes for free Medical transportation, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free , Transportation, Car expenses. File state taxes for free Parking (see Parking fees) Personal property taxes on, deduction of, Personal Property Taxes Reporting of, How To Report Table 26-3 showing forms to be used, Per diem allowance more than federal rate. File state taxes for free Sale, trade-in, or other disposition, Sale, Trade-In, or Other Disposition Section 179 deductions, Depreciation and section 179 deductions. File state taxes for free Work-related education, transportation for, Using your car. File state taxes for free Cash Dividends paid as, Introduction Rebates, Cash rebates. File state taxes for free Sales of property for, Payment of cash. File state taxes for free Cash contributions, records to keep, Cash Contributions Cash method taxpayers, Cash method. File state taxes for free Bad debts, Basis in bad debt required. File state taxes for free Points, deduction of, Deduction Allowed in Year Paid Real estate transactions, tax allocation, Division of real estate taxes between buyers and sellers. File state taxes for free Taxes paid during tax year, deduction of, You must pay the tax during your tax year. File state taxes for free Worthless securities and negotiable promissory notes, Worthless securities. File state taxes for free Cash rebates, Cash rebates. File state taxes for free Casualties, Home destroyed or condemned. File state taxes for free Casualty insurance Premiums not in property basis, Settlement costs. File state taxes for free Reimbursements from, Casualty insurance and other reimbursements. File state taxes for free Casualty losses, Nonbusiness Casualty and Theft Losses, Net operating loss (NOL). File state taxes for free , Casualty and Theft Losses, Casualty and Theft Losses of Income-Producing Property Adjusted basis in property, Casualty and theft losses. File state taxes for free , Involuntary Conversions, Adjusted Basis, Adjustments to basis. File state taxes for free Amount of loss, Figuring a Loss Appraisals, Appraisal. File state taxes for free , Costs of photographs and appraisals. File state taxes for free Bank deposit, loss due to bank's insolvency or bankruptcy, Casualty loss or ordinary loss. File state taxes for free Costs Cleaning up or making repairs, Cost of cleaning up or making repairs. File state taxes for free Photographs and appraisals, Costs of photographs and appraisals. File state taxes for free Deductible losses, Deductible losses. File state taxes for free $100 rule, $100 Rule When to take (Table 25-2), Gains more than losses. File state taxes for free Deduction limits, Deduction Limits For personal property (Table 25-1), Actual reimbursement same as expected. File state taxes for free Definition of casualty, Casualty Disasters, Employer's emergency disaster fund. File state taxes for free , Disaster relief. File state taxes for free (see also Disaster relief) Employer's emergency disaster fund, Employer's emergency disaster fund. File state taxes for free Fair market value of property, Decrease in Fair Market Value Form 4684 to be filed, Forms to file. File state taxes for free Insurance proceeds, treatment of, Insurance and Other Reimbursements Net operating losses, Net operating loss (NOL). File state taxes for free Nondeductible losses, Deductible losses. File state taxes for free Proof of loss, Casualty loss proof. File state taxes for free Property used partly for business and partly for personal purposes, Property used partly for business and partly for personal purposes. File state taxes for free Reimbursement, Insurance and Other Reimbursements Reporting of gain or loss, When To Report Gains and Losses, Losses. File state taxes for free , How To Report Gains and Losses Single casualty on multiple properties, Single Casualty on Multiple Properties Cemeteries Charitable contributions to, Types of Qualified Organizations Certificate, mortgage credit, Who qualifies. File state taxes for free Certificates of deposit (CDs), Certificates of deposit (CDs). File state taxes for free , Individual Retirement Arrangements (IRAs) (see also Individual retirement arrangements (IRAs)) Chambers of commerce Charitable contributions to, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Contributions to Nonqualified Organizations Entertainment expenses for attending meetings, Trade association meetings. File state taxes for free Change of address, Change of Address Change of name, Name change. File state taxes for free , Name changed. File state taxes for free Chaplains Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty Charitable contributions, Contributions, Introduction, Organizations That Qualify To Receive Deductible Contributions, Types of Qualified Organizations, Contributions You Can Deduct, Contributions From Which You Benefit, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Token items. File state taxes for free , Written statement. File state taxes for free , Contributions You Cannot Deduct, Contributions to Individuals, Contributions to Nonqualified Organizations, Contributions From Which You Benefit, Contributions of Property, Determining Fair Market Value, Large quantities. File state taxes for free , Giving Property That Has Decreased in Value, Giving Property That Has Increased in Value, Ordinary income property. File state taxes for free , Capital gain property. File state taxes for free , Amount of deduction — general rule. File state taxes for free , Bargain sales. File state taxes for free , When To Deduct, Time of making contribution. File state taxes for free , Noncash Contributions, Additional records. File state taxes for free , How To Report Gifts to reduce public debt, Gift To Reduce Debt Held by the Public Charitable distributions, qualified, Qualified charitable distributions (QCD). File state taxes for free Charity benefit events Deduction amount for charitable contributions, Charity benefit events. File state taxes for free Check-writing fees, Check-Writing Fees on Personal Account Checklists Medical and dental expense deductions (Table 21-1), Medicare A. File state taxes for free Checks As charitable contributions, Checks. File state taxes for free Canceled checks as evidence of travel expenses, Canceled check. File state taxes for free Constructive receipt of, Check received or available. File state taxes for free Child Foster child, Rule 10. File state taxes for free You Cannot Be a Qualifying Child of Another Taxpayer, Rule 13. File state taxes for free You Cannot Be a Qualifying Child of Another Taxpayer Married child, Married child. File state taxes for free Child and dependent care credit, You can use Form 1040A if all of the following apply. File state taxes for free Due diligence, Getting the information. File state taxes for free Earned income, Earned income. File state taxes for free Full-time student, Rule for student-spouse or spouse not able to care for self. File state taxes for free Married filing separately, Special Rules Payments to relatives, Payments to Relatives or Dependents Child born alive, Child born alive. File state taxes for free Child care, You can use Form 1040A if all of the following apply. File state taxes for free Babysitting, Babysitting. File state taxes for free Care providers, Childcare providers. File state taxes for free Expenses, Child care expenses. File state taxes for free Nursing care for healthy baby, not deductible as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Child custody, Custodial parent and noncustodial parent. File state taxes for free Child support, Child support payments. File state taxes for free Alimony, difference from, Payments not alimony. File state taxes for free , Alimony requirements. File state taxes for free , Child support. File state taxes for free Child tax credit, Who Should File, You can use Form 1040A if all of the following apply. File state taxes for free , Child tax credit. File state taxes for free , Child Tax Credit Additional credit, Additional Child Tax Credit Amount of credit, Amount of Credit Claiming, procedure for, Claiming the Credit Limits, Special Rules, Limits on the Credit Modified adjusted gross income, Modified AGI. File state taxes for free Married filing separately, Special Rules Qualifying child, Qualifying Child Child, qualifying, Qualifying Child Childcare Credit, Child and Dependent Care Credit Provider Taxpayer identification number, Provider Identification Test Children, Adoption Assistance, Personal Expenses (see also Adoption) Additional credit on child tax credit, Additional Child Tax Credit Adoption (see Adopted child) Babysitters, Babysitting. File state taxes for free Birth of child Head of household, qualifying person to file as, Death or birth. File state taxes for free , Death or birth. File state taxes for free Social security number to be obtained, Born and died in 2013. File state taxes for free Care providers, Childcare providers. File state taxes for free (see also Child care) Child's tax, figuring of, Step 3. File state taxes for free Figuring the Child's Tax (Form 8615, Part III) Alternative minimum tax, Alternative minimum tax. File state taxes for free Credit for, Who Should File, You can use Form 1040A if all of the following apply. File state taxes for free (see also Child and dependent care credit) (see also Child tax credit) Custody of, Custodial parent and noncustodial parent. File state taxes for free Death of child Head of household, qualifying person to file as, Death or birth. File state taxes for free , Death or birth. File state taxes for free Deductions, Line 2 (deductions). File state taxes for free Dividends of (see this heading: Investment income of child under age 18) Earnings of, Child's earnings. File state taxes for free Filing requirements, Child's earnings. File state taxes for free As dependents (Table 1-2), Do I Have To File a Return? Gifts to, Income from property given to a child. File state taxes for free , Income from property received as a gift. File state taxes for free Inclusion of child's income on parent's return (Figure 31-A), Penalty for underpayment of estimated tax. File state taxes for free Income, calculation of, Figuring Child's Income Capital gains distributions, Capital gain distributions and qualified dividends. File state taxes for free Investment income of, Tax on unearned income of certain children. File state taxes for free Investment income of child under age 18 Dependent filing requirements (Table 1-2), Do I Have To File a Return? Interest and dividends, Certain Children Under Age 19 or Full-Time Students Parents' election to report on Form 1040, Certain Children Under Age 19 or Full-Time Students, Investment income of child reported on parent's return. File state taxes for free Kidnapped, Kidnapped child. File state taxes for free , Kidnapped child. File state taxes for free Net unearned income, figuring of, Step 1. File state taxes for free Figuring the Child's Net Unearned Income (Form 8615, Part I) Nontaxable income, Nontaxable income. File state taxes for free Property received as gift, income from, Income from property received as a gift. File state taxes for free Signing return, parent for child, Spouse unable to sign. File state taxes for free Standard deduction for, Introduction, Standard Deduction for Dependents Stillborn, Stillborn child. File state taxes for free Support of (see Child support) Tax credit (see Child tax credit) Tentative tax figured at parent's tax rate, Step 2. File state taxes for free Figuring Tentative Tax at the Parent's Tax Rate (Form 8615, Part II) Transporting school children, Transporting school children. File state taxes for free Unearned income of, Tax on unearned income of certain children. File state taxes for free Unearned income of certain children, Introduction Form 8615, use of (Figure 31-B), Parental information, providing of, Providing Parental Information (Form 8615, lines A–C) Parents' election to report on Form 1040, Parent's Election To Report Child's Interest and Dividends Trust income, Trust income. File state taxes for free Unearned income defined, Unearned income defined. File state taxes for free Chronic illness Accelerated payment of life insurance proceeds (see Accelerated death benefits) Long-term care (see Long-term care insurance contracts) Church employees Filing requirements (Table 1-3), Figuring tax. File state taxes for free Churches, temples, etc. File state taxes for free Charitable contributions to, Examples. File state taxes for free , Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check Convention delegates, deduction of unreimbursed expenses, Conventions. File state taxes for free Citizen or resident test, Citizen or Resident Test Citizens outside U. File state taxes for free S. File state taxes for free Business travel outside U. File state taxes for free S. File state taxes for free , Travel Outside the United States, Travel Primarily for Business, Travel Primarily for Personal Reasons Self-employed persons, Exception 1 - No substantial control. File state taxes for free Standard meal allowance, Standard meal allowance for areas outside the continental United States. File state taxes for free Earned income exclusion, Reminders Employment (see Foreign employment) Extension of time to file, Individuals Outside the United States Filing requirements, U. File state taxes for free S. File state taxes for free Citizens and Resident Aliens Living Abroad Withholding from IRA distributions, IRA distributions delivered outside the United States. File state taxes for free Civic associations Charitable contributions to, Contributions to Nonqualified Organizations Contributions to, no charitable deduction for, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check Civil defense organizations Charitable contributions to, Examples. File state taxes for free Civil service retirement benefits, Civil service retirement benefits. File state taxes for free Civil suits, Court awards and damages. File state taxes for free (see also Damages from lawsuits) Civil tax penalties (see Penalties) Clergy, Ministers. File state taxes for free Contributions that can be spent as individual wishes, not deductible charitable contribution, Contributions to Individuals Housing, Clergy Real estate taxes when receiving housing allowance, Ministers' and military housing allowances. File state taxes for free , Ministers' and military housing allowance. File state taxes for free Life insurance proceeds when chaplain died in line of duty, Public Safety Officer Killed in the Line of Duty Pensions, Pension. File state taxes for free Special income rules, Clergy Clerical help, deductibility of, Clerical Help and Office Rent Clients, Meals and Incidental Expenses, Entertainment Expenses (see also Entertainment expenses) Business travel to meet, Transportation Expenses Travel expenses of, paying for, Business associate. File state taxes for free Closing costs Real property transactions, Settlement costs. File state taxes for free Sale of home, Settlement fees or closing costs. File state taxes for free Clothing Military, Military uniforms. File state taxes for free Moth damage, not casualty loss, Progressive deterioration. File state taxes for free Uniforms Charitable organization requiring, deduction for cost and upkeep of, Uniforms. File state taxes for free Used clothing, charitable deduction for fair market value, Used clothing and household items. File state taxes for free work, Work Clothes and Uniforms Club dues and membership fees Entertainment expenses, Club dues and membership fees. File state taxes for free Co-owners Dwelling unit used as home by co-owner, rental income and expense allocation, Shared equity financing agreement. File state taxes for free Coal and iron ore, Coal and iron ore. File state taxes for free Coins (see Collectibles) Collectibles As capital assets, Capital Assets and Noncapital Assets, Gold, silver, stamps, coins, gems, etc. File state taxes for free Gains or losses from sale or trade of, Investment interest deducted. File state taxes for free IRA investment in, Investment in Collectibles, Exception. File state taxes for free College professor Research expenses, Research Expenses of a College Professor Colleges and universities Charitable contributions to, Examples. File state taxes for free , Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check Athletic events, amount deductible, Athletic events. File state taxes for free Education costs, Qualified tuition programs (QTPs). File state taxes for free (see also Qualified tuition programs) Employer-provided educational assistance, Qualified Education Expenses (see also Educational assistance) Combat zone Extension to file return, Individuals Serving in Combat Zone Signing return for spouse, Spouse in combat zone. File state taxes for free Commission drivers Deduction of expenses, Statutory employees. File state taxes for free Commissions, Supplemental Wages Advance, Advance commissions and other earnings. File state taxes for free IRAs with brokers, Brokers' commissions. File state taxes for free , Brokers' commissions. File state taxes for free Property basis to include when buyer pays, Settlement costs. File state taxes for free Sharing of (kickbacks), Kickbacks. File state taxes for free Unearned, deduction for repayment of, Advance commissions and other earnings. File state taxes for free Commodities Derivative financial instruments, Capital Assets and Noncapital Assets Common law marriage, Considered married. File state taxes for free Communist organizations Charitable contributions to, Contributions to Nonqualified Organizations Community property, Community income. File state taxes for free , Community property. File state taxes for free Alimony, difference from, Payments not alimony. File state taxes for free IRAs, Community property laws. File state taxes for free Married filing separately, Community property states. File state taxes for free Medical and dental expenses, Community property states. File state taxes for free Commuting expenses, Commuting expenses. File state taxes for free , Commuting Expenses Employer-provided commuter vehicle, Commuter highway vehicle. File state taxes for free Compensation, Wages, Salaries, and Other Earnings (see also Wages and salaries) Defined for IRA purposes, What is compensation? Defined for Roth IRA purposes, Compensation. File state taxes for free Employee, Employee Compensation Miscellaneous compensation, Miscellaneous Compensation Nonemployee, Nonemployee compensation. File state taxes for free Unemployment, Unemployment compensation. File state taxes for free Computation of tax, Computations Equal amounts, Equal amounts. File state taxes for free Negative amounts, Negative amounts. File state taxes for free Rounding off dollars, Rounding off dollars. File state taxes for free Computer, Depreciation on Computers Condemnation of property, Home destroyed or condemned. File state taxes for free , Condemnations. File state taxes for free Basis computation, Involuntary Conversions Disaster areas, government-ordered demolition of unsafe home, Deductible losses. File state taxes for free Period of ownership and use, Previous home destroyed or condemned. File state taxes for free Confidential information Privacy Act and paperwork reduction information, Reminders Travel expenses and, Confidential information. File state taxes for free Constructive receipt of income, Constructive receipt. File state taxes for free , Payment to an agent. File state taxes for free , Constructive receipt. File state taxes for free Contributions, Gift To Reduce Debt Held by the Public, Campaign contributions. File state taxes for free , Contributions, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Contributions to Nonqualified Organizations, How To Report (see also Campaign contributions) (see also Charitable contributions) Nontaxable combat pay, Nontaxable combat pay. File state taxes for free Political, Political Contributions Reservist repayments, Qualified reservist repayments. File state taxes for free Retirement (see specific type of plan ) Controlled corporations Nontaxable stock purchase of, Property for stock of a controlled corporation. File state taxes for free Related party transactions, Losses on sales or trades of property. File state taxes for free Convenience fees, Credit or Debit Card Convenience Fees Conventions Delegates Deduction of unreimbursed expenses, Conventions. File state taxes for free Travel expenses, Conventions Travel expenses, Conventions Work-related education, deduction of travel expenses for overseas conventions, Cruises and conventions. File state taxes for free Conversion (see specific retirement or IRA plan ) Convertible stocks and bonds, Convertible stocks and bonds. File state taxes for free Cooperative housing Dwelling unit used as home, Introduction Mortgage interest statements, Form 1098, Mortgage Interest Statement Real estate taxes, deduction of, Tenant-shareholders in a cooperative housing corporation. File state taxes for free Sale or trade of Form 1099-S to report, Form 1099-S transactions. File state taxes for free Period of ownership and use, Cooperative apartment. File state taxes for free Cooperatives Patronage dividends, Patronage dividends. File state taxes for free Copyrights, Capital Assets and Noncapital Assets Infringement damages, Court awards and damages. File state taxes for free Royalties, Royalties Corporations, S Corporation Income (see also S corporations) Controlled corporations, Property for stock of a controlled corporation. File state taxes for free , Losses on sales or trades of property. File state taxes for free Director fees as self-employment income, Corporate director. File state taxes for free Reorganizations and nontaxable trade of stock, Corporate reorganizations. File state taxes for free Corrections (see Errors) Cosmetic surgery Not deductible as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Cosmetics Not deductible as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Cost basis, Useful Items - You may want to see: IRAs for nondeductible contributions, Cost basis. File state taxes for free , Partly taxable. File state taxes for free Cost-of-living allowances, Government cost-of-living allowances. File state taxes for free Country clubs Charitable contributions to, Contributions to Nonqualified Organizations Dues Charitable deduction not allowed, Table 24-1. File state taxes for free Examples of Charitable Contributions—A Quick Check, Membership fees or dues. File state taxes for free Entertainment expense deduction not allowed, Club dues and membership fees. File state taxes for free Coupon bonds, Coupon bonds. File state taxes for free Court awards and damages (see Damages from lawsuits) Cousin, Cousin. File state taxes for free Coverdell ESAs Additional tax on, Other taxes. File state taxes for free CPAs (see Accountants) Credit cards Annual fees, not deductible, Items You Cannot Deduct Benefits, taxability of insurance, Credit card insurance. File state taxes for free Charitable contributions charged to, Credit card. File state taxes for free Finance charges, not deductible, Personal Interest Payment of taxes, Reminders Credit for child and dependent care expenses, Credit for child and dependent care expenses. File state taxes for free , Credit for child and dependent care expenses. File state taxes for free Credit for prior year minimum tax Nonrefundable, Nonrefundable Credit for Prior Year Minimum Tax Credit for the elderly or the disabled, Credit for the elderly or the disabled. File state taxes for free , Credit for the elderly or the disabled. File state taxes for free Credit or debit cards Payment of taxes, E-file and pay by credit or debit card or by direct transfer from your bank account. File state taxes for free Credit reports Costs not included in property basis, Settlement costs. File state taxes for free Fees for, not deductible, Items You Cannot Deduct Credit to holders of tax credit bonds, Credit to Holders of Tax Credit Bonds Credits, Credits. File state taxes for free , Earned income credit. File state taxes for free , Credit for child and dependent care expenses. File state taxes for free , Credit for the elderly or the disabled. File state taxes for free , Earned income credit. File state taxes for free , Credit for child and dependent care expenses. File state taxes for free , Credit for the elderly or the disabled. File state taxes for free , Earned income credit. File state taxes for free Alternative motor vehicle, Alternative Motor Vehicle Credit American opportunity, Special Rules Build America bonds (see Credit to holders of tax credit bonds) Capital gains, undistributed, credit for tax on, Undistributed capital gains of mutual funds and REITs. File state taxes for free , Credit for Tax on Undistributed Capital Gain Child and dependent care, Child and Dependent Care Credit (see Child and dependent care credit) Child tax (see Child tax credit) Clean renewable energy bonds (see Credit to holders of tax credit bonds) Earned income, Earned Income Credit (EIC) (see Earned income credit) Elderly or the disabled, Credit for the Elderly or the Disabled Excess withholding, Credit for Excess Social Security Tax or Railroad Retirement Tax Withheld Foreign tax, Foreign Tax Credit Health coverage, Health Coverage Tax Credit Lifetime learning (see Lifetime learning credit) Mortgage interest, Mortgage Interest Credit Nonrefundable credits, Nonrefundable Credits Plug-in electric drive motor vehicle, Plug-in Electric Drive Motor Vehicle Credit Prior year minimum tax (AMT), nonrefundable, Nonrefundable Credit for Prior Year Minimum Tax Qualified energy conservation bonds (see Credit to holders of tax credit bonds) Qualified school construction bonds (see Credit to holders of tax credit bonds) Qualified zone academy bonds (see Credit to holders of tax credit bonds) Refundable credits, Refundable Credits Residential energy, Residential Energy Credits Retirement savings contribution, Retirement Savings Contributions Credit (Saver's Credit) Cremation Not deductible as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Criminal prosecutions Travel expenses for federal staff, Exception for federal crime investigations or prosecutions. File state taxes for free Cruises Travel expenses when incidental business activities, Trip Primarily for Personal Reasons Work-related education, deduction of expenses, Cruises and conventions. File state taxes for free Custodial fees, Investment Fees and Expenses Custody of child, Custodial parent and noncustodial parent. File state taxes for free Customers, Meals and Incidental Expenses, Entertainment Expenses (see also Entertainment expenses) Business travel to meet, Transportation Expenses Travel expenses of, paying for, Business associate. File state taxes for free D Daily allowance (see Per diem) Damage to property, Nonbusiness Casualty and Theft Losses (see also Casualty losses) Disasters, Employer's emergency disaster fund. File state taxes for free , Disaster relief. File state taxes for free (see also Disaster relief) Damages, Damages for Breach of Employment Contract Damages from lawsuits, Court awards and damages. File state taxes for free Medical expenses as part of settlement, Damages for Personal Injuries Dating your return, Signatures Daycare centers, You can use Form 1040A if all of the following apply. File state taxes for free , Childcare providers. File state taxes for free , Care outside your home. File state taxes for free (see also Child and dependent care credit) (see also Child care) De minimis benefits, De Minimis (Minimal) Benefits Deadlines (see Due dates) Death (see Decedents) Death benefits Accelerated, Accelerated Death Benefits, Exclusion for terminal illness. File state taxes for free Life insurance proceeds (see Life insurance) Public safety officers who died or were killed in line of duty, tax exclusion, Public Safety Officer Killed in the Line of Duty Death of child, Death or birth of child. File state taxes for free Death of dependent, Death or birth. File state taxes for free Debt instruments (see Bonds or Notes) Debts, Exceptions for special types of refunds. File state taxes for free , Recoveries (see also Bad debts) Canceled (see Cancellation of debt) Nonrecourse, Mortgage relief upon sale or other disposition. File state taxes for free Paid by another, Debts paid for you. File state taxes for free Payoff of debt included in sales transaction, Debt paid off. File state taxes for free Public, gifts to reduce, Gift To Reduce Debt Held by the Public Recourse, Mortgage relief upon sale or other disposition. File state taxes for free Refund offset against, Refunds. File state taxes for free , Offset against debts. File state taxes for free Deceased taxpayers (see Decedents) Decedents, Surviving Spouses, Executors, Administrators, and Legal Representatives (see also Executors and administrators) Capital loss of, Decedent's capital loss. File state taxes for free Deceased spouse, Surviving Spouses, Executors, Administrators, and Legal Representatives Personal exemption, Death of spouse. File state taxes for free Due dates, Filing for a decedent. File state taxes for free Filing requirements, Surviving Spouses, Executors, Administrators, and Legal Representatives Funeral expenses, Contributions to Individuals Medical and dental expenses, Decedent Savings bonds, Decedents. File state taxes for free Spouse's death, Spouse died during the year. File state taxes for free , Spouse died. File state taxes for free Standard deduction, Decedent's final return. File state taxes for free Transfer of property at death, Other property transactions. File state taxes for free Declaration of rights of taxpayers IRS request for information, Reminders Deduction Costs of discrimination suits, Deduction for costs involved in unlawful discrimination suits. File state taxes for free Deductions, Special Rules, Personal Exemptions and Dependents, Your Own Exemption, Recoveries, Nonbusiness Bad Debts, How to report bad debts. File state taxes for free , Capital Losses , Introduction, Standard Deduction, Points, Treatment by buyer. File state taxes for free , Meals and Incidental Expenses, Entertainment Expenses (see also Bad debts) (see also Capital losses) (see also Entertainment expenses) (see also Personal exemption) (see also Points) (see also Recovery of amounts previously deducted) (see also Standard deduction) Alimony, deductible by payer, How To Deduct Alimony Paid Casualty losses, Casualty and Theft Losses of Income-Producing Property (see Capital losses) Changing claim after filing, need to amend, Amended Returns and Claims for Refund Charitable contributions, Contributions, How To Report (see also Charitable contributions) Dental expenses (see Medical and dental expenses) Depreciation, Depreciation and section 179 deduction. File state taxes for free Educator expenses, Educator Expenses Estate, Excess Deductions of an Estate Fee-basis government officials, Special Rules Impairment-related work expenses, Impairment-Related Work Expenses, Impairment-related work expenses of disabled employees. File state taxes for free Interest (see Interest payments) Investment expenses, Investment expenses. File state taxes for free IRA contributions (see Individual retirement arrangements (IRAs)) Itemizing (see Itemized deductions) Long-term care insurance contracts, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Medical expenses (see Medical and dental expenses) Mortgage interest, Hardest Hit Fund and Emergency Homeowners' Loan Programs. File state taxes for free (see Mortgages) Not itemizing, use of Form 1040A, You can use Form 1040A if all of the following apply. File state taxes for free Pass-through entities, Indirect Deductions of Pass-Through Entities Penalties, no deduction permitted, Penalties. File state taxes for free Performing artists' expenses, Expenses of certain performing artists. File state taxes for free Prepaid insurance premiums, Prepaid insurance premiums. File state taxes for free Prescription medicines, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Rental expenses, When to deduct. File state taxes for free Repayments, Repayments Section 179 deductions Adjustment to basis for, Depreciation and section 179 deduction. File state taxes for free Car expenses, Depreciation and section 179 deductions. File state taxes for free Self-employed persons Health insurance premiums, Health Insurance Costs for Self-Employed Persons Social security and railroad retirement benefits, Deductions Related to Your Benefits Standard deduction, Standard Deduction, Married persons who filed separate returns. File state taxes for free Stop-smoking programs, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Student loan interest deduction (see Student loans) Theft loss, Casualty and Theft Losses of Income-Producing Property Transportation expenses (see Travel and transportation expenses) Union dues (see Labor unions) Work-related education, What Expenses Can Be Deducted Deeds Preparation costs for, Amounts charged for services. File state taxes for free Recording fees, basis to include, Real estate taxes. File state taxes for free Deferred annuity contracts (see Annuities) Deferred compensation Limit, Elective deferrals. File state taxes for free Nonqualified plans, Nonqualified deferred compensation plans. File state taxes for free Deferred compensation plans (see Retirement plans) Delinquent taxes Real estate transactions, tax allocation, Real estate taxes for prior years. File state taxes for free Delivery services, Private delivery services. File state taxes for free Business-related travel expense, Table 26-1. File state taxes for free Travel Expenses You Can Deduct This chart summarizes expenses you can deduct when you travel away from home for business purposes. File state taxes for free Demutualization of life insurance companies, Demutualization of life insurance companies. File state taxes for free Dental expenses (see Medical and dental expenses) Dentures Deductibility as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Dependent care Benefits, Dependent care benefits. File state taxes for free , Dependent Care Benefits Center, Dependent care center. File state taxes for free Credit for, Child and Dependent Care Credit Dependent taxpayer test, Dependent Taxpayer Test Dependents, Who Should File, You can use Form 1040A if all of the following apply. File state taxes for free , Exception for adopted child. File state taxes for free , Filers who have certain child dependents with an Individual Taxpayer Identification Number (ITIN). File state taxes for free (see also Child tax credit) Birth of, Death or birth. File state taxes for free Born and died within year, Exception. File state taxes for free , Born and died in 2013. File state taxes for free Death of, Death or birth. File state taxes for free Deceased dependent's medical and dental expenses, What if you pay medical expenses of a deceased spouse or dependent? Disabled dependent care expenses, deduction for, Disabled Dependent Care Expenses Exemption for, Exemptions for Dependents Filing requirements, Child's earnings. File state taxes for free Earned income, unearned income, and gross income levels (Table 1-2), Do I Have To File a Return? Married, filing joint return, Joint Return Test, Joint Return Test (To Be a Qualifying Child) Medical and dental expenses, Dependent Qualifying child, Qualifying Child, Qualifying Child Qualifying relative, Qualifying Relative, Qualifying Child Social security number, Dependent's SSN. File state taxes for free Adoption taxpayer identification number, Adoption taxpayer identification number (ATIN). File state taxes for free , Taxpayer identification numbers for aliens. File state taxes for free Alien dependents, Born and died in 2013. File state taxes for free Standard deduction for, Standard Deduction for Dependents Travel expenses for, Travel expenses for another individual. File state taxes for free Tuition deduction for, Who Can Claim a Dependent's Expenses Dependents not allowed to claim dependents, Dependent Taxpayer Test Depletion allowance, Depletion. File state taxes for free Deposits, Fees and deposits. File state taxes for free Loss on, Loss on Deposits Losses on, Deposit in Insolvent or Bankrupt Financial Institution, Loss on Deposits Reporting of, Loss on deposits. File state taxes for free Depreciation Adjustment to basis for, Depreciation and section 179 deduction. File state taxes for free Cars, Depreciation and section 179 deductions. File state taxes for free Change of use of property, Basis for depreciation. File state taxes for free Computer, Depreciation on Computers Correcting amount claimed, Claiming the correct amount of depreciation. File state taxes for free Form 4562 Rental property depreciation, Depreciation Home computer, Depreciation on Home Computer Property used in trade or business, as noncapital assets, Capital Assets and Noncapital Assets Real property Gain from disposition of property, Depreciation after May 6, 1997. File state taxes for free Land, no depreciation of, Land. File state taxes for free Rental property, Depreciation. File state taxes for free , Depreciation Designated Roth Account Defined. File state taxes for free , Designated Roth accounts. File state taxes for free Designated Roth account, Designated Roth accounts. File state taxes for free , Designated Roth accounts. File state taxes for free Destroyed records, Destroyed records. File state taxes for free Diaper service, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Differential wage payments, Differential wage payments. File state taxes for free Differential wages Wages for reservists Military reserves, Differential wage payments. File state taxes for free Direct deposit of refunds, Refunds Directors' fees, Corporate director. File state taxes for free Disabilities, persons with, Qualifying Person Test, Physically or mentally not able to care for oneself. File state taxes for free , Credit for the Elderly or the Disabled (see also Elderly or the disabled) Accrued leave payment, Accrued leave payment. File state taxes for free Armed forces, Disability. File state taxes for free Blind (see Blind persons) Cafeteria plans, Cafeteria plans. File state taxes for free Credit for (see Elderly or disabled, credit for) Dependent who is disabled, deduction for care expenses, Disabled Dependent Care Expenses Guide dogs, deductible as medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Impairment-related work expenses of, Impairment-Related Work Expenses, Impairment-related work expenses of disabled employees. File state taxes for free Work-related education, Impairment-Related Work Expenses Insurance costs, Cost paid by you. File state taxes for free Military and government pensions, Military and Government Disability Pensions Public assistance benefits, Persons with disabilities. File state taxes for free Reporting of disability pension income, Disability Pensions Retirement, pensions, and profit-sharing plans, Sickness and Injury Benefits, Retirement and profit-sharing plans. File state taxes for free Signing of return by court-appointed representative, Court-appointed, conservator, or other fiduciary. File state taxes for free Social security and railroad retirement benefits, deductions for, Disability payments. File state taxes for free Special school or home for, deductibility of medical expense, Table 21-1. File state taxes for free Medical and Dental Expenses Checklist. File state taxes for free See Publication 502 for more information about these and other expenses. File state taxes for free Terrorist attack as cause of injury, disability payments excluded from taxation, Disability pensions. File state taxes for free Workers' compensation, Workers' Compensation Disability Income, Disability income. File state taxes for free Disability benefits Earned income credit, Form 4029. File state taxes for free Disability insurance payments Earned income credit, Disability insurance payments. File state taxes for free Disability, permanent and total disability, Permanent and total disability. File state taxes for free Disabled Child, Permanently and totally disabled. File state taxes for free Dependent, Disabled dependent working at sheltered workshop. File state taxes for free Disaster Assistance Act of 1988 Withholding, Federal Payments Disaster relief, Terrorist attack or military action. File state taxes for free , Disaster relief payments. File state taxes for free , Disaster relief. File state taxes for free (see also Terrorist attacks) Cash gifts to victims, Cash gifts. File state taxes for free Disaster Relief and Emergency Assistance Act Grants, Disaster relief grants. File state taxes for free Unemployment assistance, Types of unemployment compensation. File state taxes for free Employer's emergency disaster fund, Employer's emergency disaster fund. File state taxes for free Government-ordered demolition or relocation of home that is unsafe due to, Deductible losses. File state taxes for free Grants or payments, Disaster relief grants. File state taxes for free Replacement of lost or destroyed property, Disaster relief. File state taxes for free Discharge of qualified principal residence indebtedness, Discharges of qualified principal residence indebtedness. File state taxes for free , Adjusted Basis Disclosure statement, Disclosure statement. File state taxes for free Discount, bonds and notes issued at, Original Issue Discount (OID) Discounted debt instruments Capital gain or loss, Discounted Debt Instruments Discounts Employee discounts, effect on basis, Bargain purchases. File state taxes for free Distributions, Eligible rollover distributions. File state taxes for free (see also Rollovers) Early (see Early withdrawal from deferred interest account) Liquidating distributions, Liquidating Distributions Lump sum (see Lump-sum distributions) Nondividend distributions, Nondividend Distributions Qualified charitable, Qualified charitable distributions (QCD). File state taxes for free Qualified reservist, Qualified reservist distributions. File state taxes for free Required minimum distributions, Required distributions. File state taxes for free , Required distributions. File state taxes for free , When Must You Withdraw IRA Assets? (Required Minimum Distributions) (see also Individual retirement arrangements (IRAs)) (see also Pensions) Return of capital, Nondividend Distributions District of Columbia First-time homebuyer credit, Decreases to basis. File state taxes for free Dividends, Dividends and Other Distributions, Form 1099-DIV. File state taxes for free , More information. File state taxes for free (see also Form 1099-DIV) Alaska Permanent Fund (see Alaska Permanent Fund dividends) As stock dividends and stock rights, Distributions of Stock and Stock Rights Backup withholding, Backup withholding. File state taxes for free Beneficiary of estate or trust receiving, Beneficiary of an estate or trust. File state taxes for free Buying more stock with, Dividends Used to Buy More Stock Defined, Introduction Exempt-interest dividends, Other Distributions Expenses related to, deduction of, Expenses related to dividend income. File state taxes for free Fees to collect, Fees to Collect Interest and Dividends Foreign income, Reminder Holding period, determination of, Stock dividends. File state taxes for free Insurance dividends, Dividends on insurance policies. File state taxes for free Money market funds, Money Market Funds Nominees receiving on behalf of another, Nominees. File state taxes for free Nondividend distributions, Nondividend Distributions Ordinary dividends, Ordinary Dividends Patronage dividends, Patronage dividends. File state taxes for free Qualified, Qualified Dividends, Qualified dividends. File state taxes for free Real estate investment trusts (REITs) paying, Capital Gain Distributions Redemption treated as, Dividend versus sale or trade. File state taxes for free Reinvestment plans, Dividends Used to Buy More Stock Reporting of, How To Report Dividend Income As interest, Introduction Scrip dividends, Scrip dividends. File state taxes for free Sold stock, Dividends on stock sold. File state taxes for free Stockholder debts when canceled as, Stockholder debt. File state taxes for free Veterans' insurance, Dividends on veterans' insurance. File state taxes for free Divorced parents, Children of divorced or separated parents (or parents who live apart). File state taxes for free , Applying this special rule to divorced or separated parents (or parents who live apart). File state taxes for free Divorced taxpayers, Alimony. File state taxes for free (see also Alimony) Child and dependent care credit, Child of divorced or separated parents or parents living apart. File state taxes for free Child custody, Custodial parent and noncustodial parent. File state taxes for free Definition of divorce instrument for purposes of alimony, Divorce or separation instrument. File state taxes for free Estimated tax payments, Divorced Taxpayers Filing status, Divorced persons. File state taxes for free , Divorced persons. File state taxes for free IRAs, Kay Bailey Hutchison Spousal IRA. File state taxes for free , Transfers Incident to Divorce Medical and dental expenses of children of, Child of divorced or separated parents. File state taxes for free Mortgage interest, payment as alimony, Divorced or separated individuals. File state taxes for free Personal exemption, Divorced or separated spouse. File state taxes for free Real estate taxes, allocation of, Divorced individuals. File state taxes for free Transfers between spouses, Property Transferred From a Spouse, Transfers Between Spouses Use of home after divorce, Use of home after divorce. File state taxes for free Doctors' bills (see Medical and dental expenses) Documentary evidence Recordkeeping requirements, Documentary evidence. File state taxes for free Domestic help Withholding, Household workers. File state taxes for free Domestic help, no exemption for, Housekeepers, maids, or servants. File state taxes for free