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Filing A 2012 Tax Return

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Filing A 2012 Tax Return

Filing a 2012 tax return 3. Filing a 2012 tax return   Limit on Annual Additions Table of Contents Ministers and church employees. Filing a 2012 tax return Includible Compensation for Your Most Recent Year of ServiceMost Recent Year of Service Includible Compensation The first component of MAC is the limit on annual additions. Filing a 2012 tax return This is a limit on the total contributions (elective deferrals, nonelective contributions, and after-tax contributions) that can be made to your 403(b) account. Filing a 2012 tax return The limit on annual additions generally is the lesser of: $51,000 for 2013 and $52,000 for 2014, or 100% of your includible compensation for your most recent year of service. Filing a 2012 tax return More than one 403(b) account. Filing a 2012 tax return If you contributed to more than one 403(b) account, you must combine the contributions made to all 403(b) accounts on your behalf by your employer. Filing a 2012 tax return Ministers and church employees. Filing a 2012 tax return   If you are a minister or a church employee, you may be able to increase your limit on annual additions or use different rules when figuring your limit on annual additions. Filing a 2012 tax return For more information, see chapter 5. Filing a 2012 tax return Participation in a qualified plan. Filing a 2012 tax return If you participated in a 403(b) plan and a qualified plan, you must combine contributions made to your 403(b) account with contributions to a qualified plan and simplified employee pensions of all corporations, partnerships, and sole proprietorships in which you have more than 50% control. Filing a 2012 tax return You can use Part I of Worksheet 1 in chapter 9 to figure your limit on annual additions. Filing a 2012 tax return Includible Compensation for Your Most Recent Year of Service Definition. Filing a 2012 tax return   Generally, includible compensation for your most recent year of service is the amount of taxable wages and benefits you received from the employer that maintained a 403(b) account for your benefit during your most recent year of service. Filing a 2012 tax return When figuring your includible compensation for your most recent year of service, keep in mind that your most recent year of service may not be the same as your employer's most recent annual work period. Filing a 2012 tax return This can happen if your tax year is not the same as your employer's annual work period. Filing a 2012 tax return When figuring includible compensation for your most recent year of service, do not mix compensation or service of one employer with compensation or service of another employer. Filing a 2012 tax return Most Recent Year of Service Your most recent year of service is your last full year of service, ending on the last day of your tax year that you worked for the employer that maintained a 403(b) account on your behalf. Filing a 2012 tax return Tax year different from employer's annual work period. Filing a 2012 tax return   If your tax year is not the same as your employer's annual work period, your most recent year of service is made up of parts of at least two of your employer's annual work periods. Filing a 2012 tax return Example. Filing a 2012 tax return A professor who reports her income on a calendar-year basis is employed on a full-time basis by a university that operates on an academic year (October through May). Filing a 2012 tax return To figure her includible compensation for 2013, the professor's most recent year of service is her service from January through May 2013 and from October through December 2013. Filing a 2012 tax return Figuring Your Most Recent Year of Service To figure your most recent year of service, begin by determining what is a full year of service for your position. Filing a 2012 tax return A full year of service is equal to full-time employment for your employer's annual work period. Filing a 2012 tax return After identifying a full year of service, begin counting the service you have provided for your employer starting with the service provided in the current year. Filing a 2012 tax return Part-time or employed only part of the year. Filing a 2012 tax return   If you are a part-time or a full-time employee who is employed for only part of the year, your most recent year of service is your service this year and your service for as many previous years as is necessary to total 1 full year of service. Filing a 2012 tax return To determine your most recent year of service, add the following periods of service: Your service during the year for which you are figuring the limit on annual additions, and Your service during your preceding tax years until the total service equals 1 year of service or you have figured all of your service with the employer. Filing a 2012 tax return Example. Filing a 2012 tax return You were employed on a full-time basis from July through December 2011 (1/2 year of service), July through December 2012 (1/2 year of service), and October through December 2013 (1/4 year of service). Filing a 2012 tax return Your most recent year of service for computing your limit on annual additions for 2013 is the total of your service during 2013 (1/4 year of service), your service during 2012 (1/2 year of service), and your service during the months October through December 2011 (1/4 year of service). Filing a 2012 tax return Not yet employed for 1 year. Filing a 2012 tax return   If, at the close of the year, you have not yet worked for your employer for 1 year (including time you worked for the same employer in all earlier years), use the period of time you have worked for the employer as your most recent year of service. Filing a 2012 tax return Includible Compensation After identifying your most recent year of service, the next step is to identify the includible compensation associated with that full year of service. Filing a 2012 tax return Includible compensation is not the same as income included on your tax return. Filing a 2012 tax return Compensation is a combination of income and benefits received in exchange for services provided to your employer. Filing a 2012 tax return Generally, includible compensation is the amount of income and benefits: Received from the employer who maintains your 403(b) account, and Must be included in your income. Filing a 2012 tax return Includible compensation includes the following amounts. Filing a 2012 tax return Elective deferrals (employer's contributions made on your behalf under a salary reduction agreement). Filing a 2012 tax return Amounts contributed or deferred by your employer under a section 125 cafeteria plan. Filing a 2012 tax return Amounts contributed or deferred, at the election of the employee, under an eligible section 457 nonqualified deferred compensation plan (state or local government or tax-exempt organization plan). Filing a 2012 tax return  Note. Filing a 2012 tax return For information about treating elective deferrals under section 457 plans as Roth contributions, see Publication 575. Filing a 2012 tax return Wages, salaries, and fees for personal services earned with the employer maintaining your 403(b) account. Filing a 2012 tax return Income otherwise excluded under the foreign earned income exclusion. Filing a 2012 tax return Pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan. Filing a 2012 tax return Includible compensation does not include the following items. Filing a 2012 tax return Your employer's contributions to your 403(b) account. Filing a 2012 tax return Compensation earned while your employer was not an eligible employer. Filing a 2012 tax return Your employer's contributions to a qualified plan that: Are on your behalf, and Are excludable from income. Filing a 2012 tax return The cost of incidental life insurance. Filing a 2012 tax return See Cost of Incidental Life Insurance, later. Filing a 2012 tax return If you are a church employee or a foreign missionary, figure includible compensation using the rules explained in chapter 5. Filing a 2012 tax return Contributions after retirement. Filing a 2012 tax return   Nonelective contributions may be made for an employee for up to 5 years after retirement. Filing a 2012 tax return These contributions would be based on includible compensation for the last year of service before retirement. Filing a 2012 tax return Cost of Incidental Life Insurance Includible compensation does not include the cost of incidental life insurance. Filing a 2012 tax return If all of your 403(b) accounts invest only in mutual funds, then you have no incidental life insurance. Filing a 2012 tax return If you have an annuity contract, a portion of the cost of that contract may be for incidental life insurance. Filing a 2012 tax return If so, the cost of the insurance is taxable to you in the year contributed and is considered part of your basis when distributed. Filing a 2012 tax return Your employer will include the cost of your insurance as taxable wages in box 1 of Form W-2. Filing a 2012 tax return Not all annuity contracts include life insurance. Filing a 2012 tax return Contact your plan administrator to determine if your contract includes incidental life insurance. Filing a 2012 tax return If it does, you will need to figure the cost of life insurance each year the policy is in effect. Filing a 2012 tax return Figuring the cost of incidental life insurance. Filing a 2012 tax return If you have determined that part of the cost of your annuity contract is for an incidental life insurance premium, you will need to determine the amount of the premium and subtract it from your includible compensation. Filing a 2012 tax return To determine the amount of the life insurance premiums, you will need to know the following information. Filing a 2012 tax return The value of your life insurance contract, which is the amount payable upon your death. Filing a 2012 tax return The cash value of your life insurance contract at the end of the tax year. Filing a 2012 tax return Your age on your birthday nearest the beginning of the policy year. Filing a 2012 tax return Your current life insurance protection under an ordinary retirement income life insurance policy, which is the amount payable upon your death minus the cash value of the contract at the end of the year. Filing a 2012 tax return You can use Worksheet A, in chapter 9, to determine the cost of your incidental life insurance. Filing a 2012 tax return Example. Filing a 2012 tax return Your new contract provides that your beneficiary will receive $10,000 if you should die before retirement. Filing a 2012 tax return Your cash value in the contract at the end of the first year is zero. Filing a 2012 tax return Your current life insurance protection for the first year is $10,000 ($10,000 − 0). Filing a 2012 tax return The cash value in the contract at the end of year two is $1,000, and the current life insurance protection for the second year is $9,000 ($10,000 – $1,000). Filing a 2012 tax return The 1-year cost of the protection can be calculated by using Figure 3-1, Table of One-Year Term Premiums for $1,000 Life Insurance Protection . Filing a 2012 tax return The premium rate is determined based on your age on your birthday nearest the beginning of the policy year. Filing a 2012 tax return Figure 3-1. Filing a 2012 tax return Table of One-Year Term Premiums for $1,000 Life Insurance Protection Age Cost   Age Cost   Age Cost 0 $0. Filing a 2012 tax return 70   35 $0. Filing a 2012 tax return 99   70 $20. Filing a 2012 tax return 62 1 0. Filing a 2012 tax return 41   36 1. Filing a 2012 tax return 01   71 22. Filing a 2012 tax return 72 2 0. Filing a 2012 tax return 27   37 1. Filing a 2012 tax return 04   72 25. Filing a 2012 tax return 07 3 0. Filing a 2012 tax return 19   38 1. Filing a 2012 tax return 06   73 27. Filing a 2012 tax return 57 4 0. Filing a 2012 tax return 13   39 1. Filing a 2012 tax return 07   74 30. Filing a 2012 tax return 18 5 0. Filing a 2012 tax return 13   40 1. Filing a 2012 tax return 10   75 33. Filing a 2012 tax return 05 6 0. Filing a 2012 tax return 14   41 1. Filing a 2012 tax return 13   76 36. Filing a 2012 tax return 33 7 0. Filing a 2012 tax return 15   42 1. Filing a 2012 tax return 20   77 40. Filing a 2012 tax return 17 8 0. Filing a 2012 tax return 16   43 1. Filing a 2012 tax return 29   78 44. Filing a 2012 tax return 33 9 0. Filing a 2012 tax return 16   44 1. Filing a 2012 tax return 40   79 49. Filing a 2012 tax return 23 10 0. Filing a 2012 tax return 16   45 1. Filing a 2012 tax return 53   80 54. Filing a 2012 tax return 56 11 0. Filing a 2012 tax return 19   46 1. Filing a 2012 tax return 67   81 60. Filing a 2012 tax return 51 12 0. Filing a 2012 tax return 24   47 1. Filing a 2012 tax return 83   82 66. Filing a 2012 tax return 74 13 0. Filing a 2012 tax return 28   48 1. Filing a 2012 tax return 98   83 73. Filing a 2012 tax return 07 14 0. Filing a 2012 tax return 33   49 2. Filing a 2012 tax return 13   84 80. Filing a 2012 tax return 35 15 0. Filing a 2012 tax return 38   50 2. Filing a 2012 tax return 30   85 88. Filing a 2012 tax return 76 16 0. Filing a 2012 tax return 52   51 2. Filing a 2012 tax return 52   86 99. Filing a 2012 tax return 16 17 0. Filing a 2012 tax return 57   52 2. Filing a 2012 tax return 81   87 110. Filing a 2012 tax return 40 18 0. Filing a 2012 tax return 59   53 3. Filing a 2012 tax return 20   88 121. Filing a 2012 tax return 85 19 0. Filing a 2012 tax return 61   54 3. Filing a 2012 tax return 65   89 133. Filing a 2012 tax return 40 20 0. Filing a 2012 tax return 62   55 4. Filing a 2012 tax return 15   90 144. Filing a 2012 tax return 30 21 0. Filing a 2012 tax return 62   56 4. Filing a 2012 tax return 68   91 155. Filing a 2012 tax return 80 22 0. Filing a 2012 tax return 64   57 5. Filing a 2012 tax return 20   92 168. Filing a 2012 tax return 75 23 0. Filing a 2012 tax return 66   58 5. Filing a 2012 tax return 66   93 186. Filing a 2012 tax return 44 24 0. Filing a 2012 tax return 68   59 6. Filing a 2012 tax return 06   94 206. Filing a 2012 tax return 70 25 0. Filing a 2012 tax return 71   60 6. Filing a 2012 tax return 51   95 228. Filing a 2012 tax return 35 26 0. Filing a 2012 tax return 73   61 7. Filing a 2012 tax return 11   96 250. Filing a 2012 tax return 01 27 0. Filing a 2012 tax return 76   62 7. Filing a 2012 tax return 96   97 265. Filing a 2012 tax return 09 28 0. Filing a 2012 tax return 80   63 9. Filing a 2012 tax return 08   98 270. Filing a 2012 tax return 11 29 0. Filing a 2012 tax return 83   64 10. Filing a 2012 tax return 41   99 281. Filing a 2012 tax return 05 30 0. Filing a 2012 tax return 87   65 11. Filing a 2012 tax return 90       31 0. Filing a 2012 tax return 90   66 13. Filing a 2012 tax return 51       32 0. Filing a 2012 tax return 93   67 15. Filing a 2012 tax return 20       33 0. Filing a 2012 tax return 96   68 16. Filing a 2012 tax return 92       34 0. Filing a 2012 tax return 98   69 18. Filing a 2012 tax return 70                       If the current published premium rates per $1,000 of insurance protection charged by an insurer for individual 1-year term life insurance premiums available to all standard risks are lower than those in the preceding table, you can use the lower rates for figuring the cost of insurance in connection with individual policies issued by the same insurer. Filing a 2012 tax return Example 1. Filing a 2012 tax return Lynne Green, age 44, and her employer enter into a 403(b) plan that will provide her with a $500 a month annuity upon retirement at age 65. Filing a 2012 tax return The agreement also provides that if she should die before retirement, her beneficiary will receive the greater of $20,000 or the cash surrender value in the life insurance contract. Filing a 2012 tax return Using the facts presented we can determine the cost of Lynne's life insurance protection as shown in Table 3-1. Filing a 2012 tax return Lynne's employer has included $28 for the cost of the life insurance protection in her current year's income. Filing a 2012 tax return When figuring her includible compensation for this year, Lynne will subtract $28. Filing a 2012 tax return Table 3-1. Filing a 2012 tax return Worksheet A. Filing a 2012 tax return Cost of Incidental Life Insurance Note. Filing a 2012 tax return Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. Filing a 2012 tax return This amount will be used to figure includible compensation for your most recent year of service. Filing a 2012 tax return 1. Filing a 2012 tax return Enter the value of the contract (amount payable upon your death) 1. Filing a 2012 tax return $20,000. Filing a 2012 tax return 00 2. Filing a 2012 tax return Enter the cash value in the contract at the end of the year 2. Filing a 2012 tax return 0. Filing a 2012 tax return 00 3. Filing a 2012 tax return Subtract line 2 from line 1. Filing a 2012 tax return This is the value of your current life insurance protection 3. Filing a 2012 tax return $20,000. Filing a 2012 tax return 00 4. Filing a 2012 tax return Enter your age on your birthday nearest the beginning of the policy year 4. Filing a 2012 tax return 44 5. Filing a 2012 tax return Enter the 1-year term premium for $1,000 of life insurance based on your age. Filing a 2012 tax return (From Figure 3-1) 5. Filing a 2012 tax return $1. Filing a 2012 tax return 40 6. Filing a 2012 tax return Divide line 3 by $1,000 6. Filing a 2012 tax return 20 7. Filing a 2012 tax return Multiply line 6 by line 5. Filing a 2012 tax return This is the cost of your incidental life insurance 7. Filing a 2012 tax return $28. Filing a 2012 tax return 00 Example 2. Filing a 2012 tax return Lynne's cash value in the contract at the end of the second year is $1,000. Filing a 2012 tax return In year two, the cost of Lynne's life insurance is calculated as shown in Table 3-2. Filing a 2012 tax return In year two, Lynne's employer will include $29. Filing a 2012 tax return 07 in her current year's income. Filing a 2012 tax return Lynne will subtract this amount when figuring her includible compensation. Filing a 2012 tax return Table 3-2. Filing a 2012 tax return Worksheet A. Filing a 2012 tax return Cost of Incidental Life Insurance Note. Filing a 2012 tax return Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. Filing a 2012 tax return This amount will be used to figure includible compensation for your most recent year of service. Filing a 2012 tax return 1. Filing a 2012 tax return Enter the value of the contract (amount payable upon your death) 1. Filing a 2012 tax return $20,000. Filing a 2012 tax return 00 2. Filing a 2012 tax return Enter the cash value in the contract at the end of the year 2. Filing a 2012 tax return $1,000. Filing a 2012 tax return 00 3. Filing a 2012 tax return Subtract line 2 from line 1. Filing a 2012 tax return This is the value of your current life insurance protection 3. Filing a 2012 tax return $19,000. Filing a 2012 tax return 00 4. Filing a 2012 tax return Enter your age on your birthday nearest the beginning of the policy year 4. Filing a 2012 tax return 45 5. Filing a 2012 tax return Enter the 1-year term premium for $1,000 of life insurance based on your age. Filing a 2012 tax return (From Figure 3-1) 5. Filing a 2012 tax return $1. Filing a 2012 tax return 53 6. Filing a 2012 tax return Divide line 3 by $1,000 6. Filing a 2012 tax return 19 7. Filing a 2012 tax return Multiply line 6 by line 5. Filing a 2012 tax return This is the cost of your incidental life insurance 7. Filing a 2012 tax return $29. Filing a 2012 tax return 07 Figuring Includible Compensation for Your Most Recent Year of Service You can use Worksheet B in chapter 9 to determine your includible compensation for your most recent year of service. Filing a 2012 tax return Example. Filing a 2012 tax return Floyd has been periodically working full-time for a local hospital since September 2011. Filing a 2012 tax return He needs to figure his limit on annual additions for 2014. Filing a 2012 tax return The hospital's normal annual work period for employees in Floyd's general type of work runs from January to December. Filing a 2012 tax return During the periods that Floyd was employed with the hospital, the hospital has always been eligible to provide a 403(b) plan to employees. Filing a 2012 tax return Additionally, the hospital has never provided the employees with a 457 deferred compensation plan, a transportation fringe benefit plan, or a cafeteria plan. Filing a 2012 tax return Floyd has never worked abroad and there is no life insurance provided under the plan. Filing a 2012 tax return Table 3-3 shows the service Floyd provided to his employer, his compensation for the periods worked, his elective deferrals, and his taxable wages. Filing a 2012 tax return Table 3-3. Filing a 2012 tax return Floyd's Compensation Note. Filing a 2012 tax return This table shows information Floyd will use to figure includible compensation for his most recent year of service. Filing a 2012 tax return   Year Years of Service Taxable Wages Elective Deferrals 2014 6/12 of  a year $42,000 $2,000 2013 4/12 of  a year $16,000 $1,650 2012 4/12 of  a year $16,000 $1,650 Before Floyd can figure his limit on annual additions, he must figure includible compensation for his most recent year of service. Filing a 2012 tax return Because Floyd is not planning to work the entire 2014 year, his most recent year of service will include the time he is planning to work in 2014 plus time he worked in the preceding 3 years until the time he worked for the hospital totals 1 year. Filing a 2012 tax return If the total time he worked is less than 1 year, Floyd will treat it as if it were 1 year. Filing a 2012 tax return He figures his most recent year of service shown in the following list. Filing a 2012 tax return Time he will work in 2014 is 6/12 of a year. Filing a 2012 tax return Time worked in 2013 is 4/12 of a year. Filing a 2012 tax return All of this time will be used to determine Floyd's most recent year of service. Filing a 2012 tax return Time worked in 2012 is 4/12 of a year. Filing a 2012 tax return Floyd only needs 2 months of the 4 months he worked in 2012 to have enough time to total 1 full year. Filing a 2012 tax return Because he needs only one-half of the actual time he worked, Floyd will use only one-half of his income earned during that period to calculate wages that will be used in figuring his includible compensation. Filing a 2012 tax return Using the information provided in Table 3-3, wages for Floyd's most recent year of service are $66,000 ($42,000 + $16,000 + $8,000). Filing a 2012 tax return His includible compensation for his most recent year of service is figured as shown in Table 3-4. Filing a 2012 tax return After figuring his includible compensation, Floyd determines his limit on annual additions for 2014 to be $52,000, the lesser of his includible compensation, $70,475 (Table 3-4), and the maximum amount of $52,000. Filing a 2012 tax return Table 3-4. Filing a 2012 tax return Worksheet B. Filing a 2012 tax return Includible Compensation for Your Most Recent Year of Service1 Note. Filing a 2012 tax return Use this worksheet to figure includible compensation for your most recent year of service. Filing a 2012 tax return 1. Filing a 2012 tax return Enter your includible wages from the employer maintaining your 403(b) account for your most recent year of service 1. Filing a 2012 tax return $66,000 2. Filing a 2012 tax return Enter elective deferrals excluded from your gross income for your most recent year of service2 2. Filing a 2012 tax return 4,4753 3. Filing a 2012 tax return Enter amounts contributed or deferred by your employer under a cafeteria plan for your most recent year of service 3. Filing a 2012 tax return -0- 4. Filing a 2012 tax return Enter amounts contributed or deferred by your employer according to your election to your 457 account (a nonqualified plan of a state or local government, or of a tax-exempt organization) for your most recent year of service 4. Filing a 2012 tax return -0- 5. Filing a 2012 tax return Enter pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan for your most recent year of service 5. Filing a 2012 tax return -0- 6. Filing a 2012 tax return Enter your foreign earned income exclusion for your most recent year of service 6. Filing a 2012 tax return -0- 7. Filing a 2012 tax return Add lines 1, 2, 3, 4, 5, and 6 7. Filing a 2012 tax return 70,475 8. Filing a 2012 tax return Enter the cost of incidental life insurance that is part of your annuity contract for your most recent year of service 8. Filing a 2012 tax return -0- 9. Filing a 2012 tax return Enter compensation that was both: Earned during your most recent year of service, and Earned while your employer was not qualified to maintain a 403(b) plan 9. Filing a 2012 tax return -0- 10. Filing a 2012 tax return Add lines 8 and 9 10. Filing a 2012 tax return -0- 11. Filing a 2012 tax return Subtract line 10 from line 7. Filing a 2012 tax return This is your includible compensation for your most recent year of service 11. Filing a 2012 tax return 70,475 1Use estimated amounts if figuring includible compensation before the end of the year. Filing a 2012 tax return 2Elective deferrals made to a designated Roth account are not excluded from your gross income and should not be included on this line. Filing a 2012 tax return  3$4,475 ($2,000 + $1,650 + $825). Filing a 2012 tax return Prev  Up  Next   Home   More Online Publications
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The Filing A 2012 Tax Return

Filing a 2012 tax return Publication 915 - Introductory Material Table of Contents Reminders IntroductionOrdering forms and publications. Filing a 2012 tax return Tax questions. Filing a 2012 tax return Useful Items - You may want to see: Reminders Future developments. Filing a 2012 tax return  The IRS has created a page on IRS. Filing a 2012 tax return gov for information about Publication 915, at www. Filing a 2012 tax return irs. Filing a 2012 tax return gov/pub915. Filing a 2012 tax return Information about any future developments affecting Publication 915 (such as legislation enacted after we release it) will be posted on that page. Filing a 2012 tax return Photographs of missing children. Filing a 2012 tax return  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Filing a 2012 tax return Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. Filing a 2012 tax return You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. Filing a 2012 tax return Introduction This publication explains the federal income tax rules for social security benefits and equivalent tier 1 railroad retirement benefits. Filing a 2012 tax return It is prepared through the joint efforts of the Internal Revenue Service (IRS), the Social Security Administration (SSA), and the U. Filing a 2012 tax return S. Filing a 2012 tax return Railroad Retirement Board (RRB). Filing a 2012 tax return Social security benefits include monthly retirement, survivor, and disability benefits. Filing a 2012 tax return They do not include supplemental security income (SSI) payments, which are not taxable. Filing a 2012 tax return Equivalent tier 1 railroad retirement benefits are the part of tier 1 benefits that a railroad employee or beneficiary would have been entitled to receive under the social security system. Filing a 2012 tax return They are commonly called the social security equivalent benefit (SSEB) portion of tier 1 benefits. Filing a 2012 tax return If you received these benefits during 2013, you should have received a Form SSA-1099, Social Security Benefit Statement, or Form RRB-1099, Payments by the Railroad Retirement Board, showing the amount. Filing a 2012 tax return (If you are a nonresident alien, you should have received Form SSA-1042S, Social Security Benefit Statement, or Form RRB-1042S, Statement for Nonresident Alien Recipients of: Payments by the Railroad Retirement Board. Filing a 2012 tax return ) Note. Filing a 2012 tax return When the term “benefits” is used in this publication, it applies to both social security benefits and the SSEB portion of tier 1 railroad retirement benefits. Filing a 2012 tax return What is covered in this publication. Filing a 2012 tax return   This publication covers the following topics: Whether any of your benefits are taxable, How much is taxable, How to report taxable benefits, How to treat lump-sum benefit payments, and Deductions related to your benefits, including a deduction or credit you can claim if your repayments are more than your gross benefits. Filing a 2012 tax return The Appendix at the end of this publication explains items shown on your Form SSA-1099, SSA-1042S, RRB-1099, or RRB-1042S. Filing a 2012 tax return What is not covered in this publication. Filing a 2012 tax return   This publication does not cover the tax rules for the following railroad retirement benefits: Non-social security equivalent benefit (NSSEB) portion of tier 1 benefits, Tier 2 benefits, Vested dual benefits, and Supplemental annuity benefits. Filing a 2012 tax return For information on these taxable pension benefits, see Publication 575, Pension and Annuity Income. Filing a 2012 tax return   This publication also does not cover the tax rules for foreign social security benefits. Filing a 2012 tax return These benefits are taxable as annuities, unless they are exempt from U. Filing a 2012 tax return S. Filing a 2012 tax return tax or treated as a U. Filing a 2012 tax return S. Filing a 2012 tax return social security benefit under a tax treaty. Filing a 2012 tax return Comments and suggestions. Filing a 2012 tax return   We welcome your comments about this publication and your suggestions for future editions. Filing a 2012 tax return   You can write to us at the following address: Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. Filing a 2012 tax return NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. Filing a 2012 tax return Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. Filing a 2012 tax return   You can send your comments from www. Filing a 2012 tax return irs. Filing a 2012 tax return gov/formspubs/. Filing a 2012 tax return Click on “More Information” and then on “Comment on Tax Forms and Publications”. Filing a 2012 tax return   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. Filing a 2012 tax return Ordering forms and publications. Filing a 2012 tax return   Visit www. Filing a 2012 tax return irs. Filing a 2012 tax return gov/formspubs/ to download forms and publications, call 1-800-TAX-FORM (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. Filing a 2012 tax return Internal Revenue Service 1201 N. Filing a 2012 tax return Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. Filing a 2012 tax return   If you have a tax question, check the information available on IRS. Filing a 2012 tax return gov or call 1-800-829-1040. Filing a 2012 tax return We cannot answer tax questions sent to either of the above addresses. Filing a 2012 tax return Useful Items - You may want to see: Publication 505 Tax Withholding and Estimated Tax 575 Pension and Annuity Income 590 Individual Retirement Arrangements (IRAs) Forms (and Instructions) 1040-ES Estimated Tax for Individuals SSA-1099 Social Security Benefit Statement RRB-1099 Payments by the Railroad Retirement Board W-4V Voluntary Withholding Request See How To Get Tax Help near the end of this publication for information about getting these publications and forms. Filing a 2012 tax return Prev  Up  Next   Home   More Online Publications