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Filing Past Year Tax Returns

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Filing Past Year Tax Returns

Filing past year tax returns Publication 4492 - Main Contents Table of Contents DefinitionsHurricane Katrina Disaster Area Katrina Covered Disaster Area Gulf Opportunity (GO) Zone (Core Disaster Area) Hurricane Rita Disaster Area (Rita Covered Disaster Area) Rita GO Zone Hurricane Wilma Disaster Area Wilma Covered Disaster Area Wilma GO Zone Extended Tax Deadlines Charitable Giving IncentivesTemporary Suspension of Limits on Charitable Contributions Standard Mileage Rate for Charitable Use of Vehicles Mileage Reimbursements to Charitable Volunteers Charitable Deduction for Contributions of Food Inventory Charitable Deduction for Contributions of Book Inventories to Public Schools Casualty and Theft LossesTime limit for making election. Filing past year tax returns Replacement Period for Nonrecognition of Gain Net Operating Losses IRAs and Other Retirement PlansDefinitions Taxation of Qualified Hurricane Distributions Repayment of Qualified Hurricane Distributions Repayment of Qualified Distributions for the Purchase or Construction of a Main Home Loans From Qualified Plans Additional Tax Relief for IndividualsEarned Income Credit and Child Tax Credit Additional Exemption for Housing Individuals Displaced by Hurricane Katrina Education Credits Recapture of Federal Mortgage Subsidy Exclusion of Certain Cancellations of Indebtedness by Reason of Hurricane Katrina Tax Relief for Temporary Relocation Additional Tax Relief for BusinessesSpecial Depreciation Allowance Increased Section 179 Deduction Work Opportunity Credit Employee Retention Credit Hurricane Katrina Housing Credit Reforestation Costs Demolition and Clean-up Costs Increase in Rehabilitation Tax Credit Request for Copy or Transcript of Tax Return How To Get Tax Help Definitions The following definitions are used throughout this publication. Filing past year tax returns Hurricane Katrina Disaster Area The Hurricane Katrina disaster area covers the area for which the President declared a major disaster before September 14, 2005, because of Hurricane Katrina. Filing past year tax returns The Hurricane Katrina disaster area covers the entire states of Alabama, Florida, Louisiana, and Mississippi. Filing past year tax returns Katrina Covered Disaster Area A portion of the Hurricane Katrina disaster area has been designated by the IRS as a covered disaster area. Filing past year tax returns The Katrina covered disaster area covers the following areas in four states. Filing past year tax returns Alabama. Filing past year tax returns   The counties of Baldwin, Bibb, Choctaw, Clarke, Colbert, Cullman, Greene, Hale, Jefferson, Lamar, Lauderdale, Marengo, Marion, Mobile, Monroe, Perry, Pickens, Sumter, Tuscaloosa, Washington, Wilcox, and Winston. Filing past year tax returns Florida. Filing past year tax returns   The counties of Bay, Broward, Collier, Escambia, Franklin, Gulf, Miami-Dade, Monroe, Okaloosa, Santa Rosa, and Walton. Filing past year tax returns Louisiana. Filing past year tax returns   All parishes. Filing past year tax returns Mississippi. Filing past year tax returns   All counties. Filing past year tax returns Gulf Opportunity (GO) Zone (Core Disaster Area) The GO Zone (also called the core disaster area) covers the portion of the Hurricane Katrina disaster area determined by the Federal Emergency Management Agency (FEMA) to be eligible for either individual only or both individual and public assistance from the Federal Government. Filing past year tax returns The GO Zone covers the following areas in three states. Filing past year tax returns Alabama. Filing past year tax returns   The counties of Baldwin, Choctaw, Clarke, Greene, Hale, Marengo, Mobile, Pickens, Sumter, Tuscaloosa, and Washington. Filing past year tax returns Louisiana. Filing past year tax returns   The parishes of Acadia, Ascension, Assumption, Calcasieu, Cameron, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Jefferson Davis, Lafayette, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. Filing past year tax returns Bernard, St. Filing past year tax returns Charles, St. Filing past year tax returns Helena, St. Filing past year tax returns James, St. Filing past year tax returns John the Baptist, St. Filing past year tax returns Martin, St. Filing past year tax returns Mary, St. Filing past year tax returns Tammany, Tangipahoa, Terrebonne, Vermilion, Washington, West Baton Rouge, and West Feliciana. Filing past year tax returns Mississippi. Filing past year tax returns   The counties of Adams, Amite, Attala, Choctaw, Claiborne, Clarke, Copiah, Covington, Forrest, Franklin, George, Greene, Hancock, Harrison, Hinds, Holmes, Humphreys, Jackson, Jasper, Jefferson, Jefferson Davis, Jones, Kemper, Lamar, Lauderdale, Lawrence, Leake, Lincoln, Lowndes, Madison, Marion, Neshoba, Newton, Noxubee, Oktibbeha, Pearl River, Perry, Pike, Rankin, Scott, Simpson, Smith, Stone, Walthall, Warren, Wayne, Wilkinson, Winston, and Yazoo. Filing past year tax returns Hurricane Rita Disaster Area (Rita Covered Disaster Area) The Hurricane Rita disaster area (also designated by the IRS as the Rita covered disaster area) covers the area for which the President declared a major disaster before October 6, 2005, because of Hurricane Rita. Filing past year tax returns This area covers the entire states of Louisiana and Texas. Filing past year tax returns Rita GO Zone The Rita GO Zone covers the portion of the Hurricane Rita disaster area determined by FEMA to be eligible for either individual only or both individual and public assistance from the Federal Government. Filing past year tax returns The Rita GO Zone covers the following areas in two states. Filing past year tax returns Louisiana. Filing past year tax returns   The parishes of Acadia, Allen, Ascension, Beauregard, Calcasieu, Cameron, Evangeline, Iberia, Jefferson, Jefferson Davis, Lafayette, Lafourche, Livingston, Plaquemines, Sabine, St. Filing past year tax returns Landry, St. Filing past year tax returns Martin, St. Filing past year tax returns Mary, St. Filing past year tax returns Tammany, Terrebonne, Vermilion, Vernon, and West Baton Rouge. Filing past year tax returns Texas. Filing past year tax returns   The counties of Angelina, Brazoria, Chambers, Fort Bend, Galveston, Hardin, Harris, Jasper, Jefferson, Liberty, Montgomery, Nacogdoches, Newton, Orange, Polk, Sabine, San Augustine, San Jacinto, Shelby, Trinity, Tyler, and Walker. Filing past year tax returns Hurricane Wilma Disaster Area The Hurricane Wilma disaster area covers the area for which the President declared a major disaster before November 14, 2005, because of Hurricane Wilma. Filing past year tax returns The Hurricane Wilma disaster area covers the entire state of Florida. Filing past year tax returns Wilma Covered Disaster Area A portion of the Hurricane Wilma disaster area has been designated by the IRS as a covered disaster area. Filing past year tax returns The Wilma covered disaster area covers the following counties. Filing past year tax returns Florida. Filing past year tax returns   Brevard, Broward, Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, Indian River, Lee, Martin, Miami-Dade, Monroe, Okeechobee, Osceola, Palm Beach, Polk, St. Filing past year tax returns Lucie, and Sarasota. Filing past year tax returns Wilma GO Zone The Wilma GO Zone covers the portion of the Hurricane Wilma disaster area determined by FEMA to be eligible for either individual only or both individual and public assistance from the Federal Government. Filing past year tax returns The Wilma GO Zone covers the following counties. Filing past year tax returns Florida. Filing past year tax returns   Brevard, Broward, Collier, Glades, Hendry, Indian River, Lee, Martin, Miami-Dade, Monroe, Okeechobee, Palm Beach, and St. Filing past year tax returns Lucie. Filing past year tax returns Extended Tax Deadlines The IRS has extended deadlines that apply to filing returns, paying taxes, and performing certain other time-sensitive acts for certain taxpayers affected by Hurricane Katrina, Rita, or Wilma, until February 28, 2006. Filing past year tax returns The extension applies to deadlines (either an original or extended due date) that occur during the following periods. Filing past year tax returns After August 28, 2005 (August 23, 2005, for Florida affected taxpayers), and before February 28, 2006, for taxpayers affected by Hurricane Katrina. Filing past year tax returns After September 22, 2005, and before February 28, 2006, for taxpayers affected by Hurricane Rita. Filing past year tax returns After October 22, 2005, and before February 28, 2006, for taxpayers affected by Hurricane Wilma. Filing past year tax returns Affected taxpayer. Filing past year tax returns   The following taxpayers are eligible for the extension. Filing past year tax returns Any individual whose main home is located in a covered disaster area. Filing past year tax returns Any business entity or sole proprietor whose principal place of business is located in a covered disaster area. Filing past year tax returns Any individual, business entity, or sole proprietor whose records needed to meet a postponed deadline are maintained or whose tax professional's office is in a covered disaster area. Filing past year tax returns The main home or principal place of business does not have to be located in the covered area. Filing past year tax returns Any individual visiting a county or parish in the Hurricane Katrina or Hurricane Rita covered disaster area that was injured or killed (and the estate of an individual killed) as a result of the hurricane or its aftermath. Filing past year tax returns Any estate or trust whose tax records needed to meet a filing or payment deadline are maintained in a covered disaster area. Filing past year tax returns Generally, any individual who is a worker assisting in the relief activities in a covered disaster area. Filing past year tax returns However, a relief worker assisting in the Wilma covered disaster area is not an affected taxpayer unless the worker is affiliated with a recognized government or philanthropic organization assisting in the relief activities. Filing past year tax returns The spouse of an affected taxpayer, solely with regard to a joint income tax return with that taxpayer. Filing past year tax returns   To ensure correct processing, affected taxpayers should write the assigned disaster designation (for example, “Hurricane Katrina”) in red ink at the top of any forms or documents filed with the IRS. Filing past year tax returns Affected taxpayers can also identify themselves to the IRS or ask hurricane-related questions by calling the special IRS disaster hotline at 1-866-562-5227. Filing past year tax returns Acts extended. Filing past year tax returns   Deadlines for performing the following acts are extended. Filing past year tax returns Filing any return of income, estate, gift, generation-skipping transfer, excise, or employment tax. Filing past year tax returns Paying any income, estate, gift, generation-skipping transfer, excise, or employment tax. Filing past year tax returns This includes making estimated tax payments. Filing past year tax returns Making certain contributions, distributions, recharacterizing contributions, or making a rollover to or from a qualified retirement plan. Filing past year tax returns Filing certain petitions with the Tax Court. Filing past year tax returns Filing a claim for credit or refund of any tax. Filing past year tax returns Bringing suit upon a claim for credit or refund. Filing past year tax returns Certain other acts described in Revenue Procedure 2005-27. Filing past year tax returns You can find Revenue Procedure 2005-27 on page 1050 of Internal Revenue Bulletin 2005-20 at www. Filing past year tax returns irs. Filing past year tax returns gov/pub/irs-irbs/irb05-20. Filing past year tax returns pdf. Filing past year tax returns Forgiveness of interest and penalties. Filing past year tax returns   The IRS may forgive the interest and penalties on any underpaid income, estate, gift, employment, or excise tax for the length of any extension. Filing past year tax returns Charitable Giving Incentives Temporary Suspension of Limits on Charitable Contributions Individuals. Filing past year tax returns   Qualified contributions are not subject to the overall limit on itemized deductions or the 50% adjusted gross income (AGI) limit. Filing past year tax returns A qualified contribution is a charitable contribution paid in cash or by check after August 27, 2005, and before January 1, 2006, to a 50% limit organization (other than certain private foundations described in section 509(a)(3)) if you make an election to have the 50% limit not apply to these contributions. Filing past year tax returns   Your deduction for qualified contributions is limited to your AGI minus your deduction for all other charitable contributions. Filing past year tax returns You can carry over any contributions you are not able to deduct for 2005 because of this limit. Filing past year tax returns In 2006, treat the carryover of your unused qualified contributions as a carryover of contributions subject to the 50% limit. Filing past year tax returns Exception. Filing past year tax returns   Qualified contributions do not include a contribution to a segregated fund or account for which you (or any person you appoint or designate) have or expect to have advisory privileges with respect to distributions or investments based on your contribution. Filing past year tax returns Corporations. Filing past year tax returns   A corporation may elect to deduct qualified cash contributions without regard to the 10% taxable income limit if the contributions were made after August 27, 2005, and before January 1, 2006, to a qualified charitable organization (other than certain private foundations described in section 509(a)(3)), for Hurricane Katrina, Rita, or Wilma relief efforts. Filing past year tax returns The corporation's deduction for these qualified contributions is limited to 100% of taxable income (as modified for the 10% limit) minus the corporation's deduction for all other charitable contributions. Filing past year tax returns Any qualified contributions over this limit can be carried over to the next 5 years, subject to the 10% limit. Filing past year tax returns Partners and shareholders. Filing past year tax returns   Each partner in a partnership and each shareholder in an S corporation makes a separate election to have the appropriate limit not apply. Filing past year tax returns More information. Filing past year tax returns   For more information, see Publication 526 or Publication 542, Corporations. Filing past year tax returns Publication 526 includes a worksheet you can use to figure your deduction if any limits apply to your charitable contributions. Filing past year tax returns Standard Mileage Rate for Charitable Use of Vehicles The following are special standard mileage rates in effect in 2005 and 2006 for the cost of operating your automobile for providing charitable services solely related to Hurricane Katrina. Filing past year tax returns 29 cents per mile for the period August 25 through August 31, 2005. Filing past year tax returns 34 cents per mile for the period September 1 through December 31, 2005. Filing past year tax returns 32 cents per mile for the period January 1 through December 31, 2006. Filing past year tax returns Mileage Reimbursements to Charitable Volunteers You can exclude from income amounts you receive as mileage reimbursements for the use of a private passenger automobile for the benefit of a qualified charitable organization in providing relief related to Hurricane Katrina during the period beginning on August 25, 2005, and ending on December 31, 2006. Filing past year tax returns You cannot claim a deduction or credit for amounts you receive as a mileage reimbursement. Filing past year tax returns You must keep records of miles driven, time, place (or use), and purpose of the mileage. Filing past year tax returns The amount you can exclude from income cannot exceed the standard business mileage rate (shown below) for expenses incurred during the following periods. Filing past year tax returns 40. Filing past year tax returns 5 cents per mile for the period August 25 through August 31, 2005. Filing past year tax returns 48. Filing past year tax returns 5 cents per mile for the period September 1 through December 31, 2005. Filing past year tax returns 44. Filing past year tax returns 5 cents per mile for the period January 1 through December 31, 2006. Filing past year tax returns Charitable Deduction for Contributions of Food Inventory Any taxpayer engaged in a trade or business is eligible to claim a deduction for a contribution of “apparently wholesome food” inventory to a qualified charitable organization described in section 501(c)(3) (except for private nonoperating foundations) after August 27, 2005, and before January 1, 2006. Filing past year tax returns “Apparently wholesome food” is food that meets all quality and labeling standards imposed by federal, state, and local laws and regulations even though the food may not be readily marketable due to appearance, age, freshness, grade, size, surplus, or other conditions. Filing past year tax returns The deduction is equal to the lesser of: The basis of the donated food plus one-half of the gain that would have been realized if the donated food had been sold at fair market value on the date of the donation, or Two times the basis of the donated food. Filing past year tax returns The taxpayer must receive written certification from the donee stating: The donated food is related to the purpose or function of the donee's basis for exemption under section 501(c)(3) and is to be used solely for the care of the ill, the needy, or infants; and The food was not given in exchange for money, other property, or services. Filing past year tax returns For a taxpayer other than a C corporation, the deduction is limited to 10% of the taxpayer's total net income from all trades or businesses from which the food contributions were made (figured without regard to the deduction for charitable contributions). Filing past year tax returns For example, if a taxpayer is a sole proprietor, a shareholder in an S corporation, and a partner in a partnership, and each made a contribution of apparently wholesome food inventory, the taxpayer's deduction is limited to 10% of the taxpayer's total net income from the sole proprietorship, S corporation, and partnership (figured without regard to the deduction for charitable contributions). Filing past year tax returns Charitable Deduction for Contributions of Book Inventories to Public Schools A corporation (other than an S corporation) may be allowed a charitable deduction for a qualified book contribution made after August 27, 2005, and before January 1, 2006, to a public school that: Provides elementary or secondary education (kindergarten through grade 12), and Normally maintains a regular faculty and curriculum and has a regular enrolled body of pupils or students in attendance at the place where its educational activities are regularly carried on. Filing past year tax returns . Filing past year tax returns The deduction is equal to the lesser of: The basis of the donated books plus one-half of the gain that would have been realized if the donated books had been sold at fair market value on the date of the donation, or Two times the basis of the donated books. Filing past year tax returns The corporation must receive written certification from the school stating that the donated books are suitable for the organization's educational programs and will be used for such programs. Filing past year tax returns Casualty and Theft Losses The following paragraphs explain changes to casualty and theft losses that were caused by Hurricane Katrina, Rita, or Wilma. Filing past year tax returns For more information, see Publication 547. Filing past year tax returns Limits on personal casualty or theft losses caused by Hurricane Katrina, Rita, or Wilma. Filing past year tax returns   The following losses to personal use property are not subject to the $100 or 10% of adjusted gross income limits. Filing past year tax returns Losses that arose in the Hurricane Katrina disaster area after August 24, 2005, and that were caused by Hurricane Katrina. Filing past year tax returns Losses that arose in the Hurricane Rita disaster area after September 22, 2005, and that were caused by Hurricane Rita. Filing past year tax returns Losses that arose in the Hurricane Wilma disaster area after October 22, 2005, and that were caused by Hurricane Wilma. Filing past year tax returns Qualifying losses include losses from flooding or other casualty, and from theft, that arose in the hurricane disaster area and that were caused by the hurricane. Filing past year tax returns Special instructions for individuals who elect to claim a Hurricane Katrina, Rita, or Wilma casualty or theft loss for 2004. Filing past year tax returns   Casualty and theft losses are generally deductible only in the year the casualty occurred or theft was discovered. Filing past year tax returns However, Hurricane Katrina, Rita, and Wilma are Presidentially declared disasters. Filing past year tax returns Therefore, you can elect to deduct losses from these hurricanes on your tax return for the previous year. Filing past year tax returns If you make this election, use the following additional instructions to complete your forms. Filing past year tax returns   Individuals filing or amending their 2004 tax return whose only casualty or theft losses to personal use property claimed on that return were caused by Hurricane Katrina, Rita, or Wilma should write “Hurricane Katrina,” “Hurricane Rita,” or “Hurricane Wilma” at the top of Form 1040 or 1040X. Filing past year tax returns They must also complete and attach the 2004 Form 4684 and write “Hurricane Katrina,”“Hurricane Rita,” or “Hurricane Wilma” on the dotted line next to line 11 and enter -0- on lines 11 and 17. Filing past year tax returns   Individuals filing or amending their 2004 tax return who also have casualty or theft losses to personal use property not related to Hurricane Katrina, Rita, or Wilma should disregard the caution directing taxpayers to use only one Form 4684, located above line 13, and complete lines 13 through 18 on two Forms 4684. Filing past year tax returns The Form 1040 or 1040X and the first Form 4684 should be prepared as explained above for Hurricane Katrina, Rita, or Wilma losses only. Filing past year tax returns The second Form 4684 should be prepared in the normal manner for all gains and non-Hurricane Katrina, Rita or Wilma losses. Filing past year tax returns If both Forms 4684 have a loss on line 18, they should carry the combined losses from that line to Schedule A (Form 1040), line 19. Filing past year tax returns If there is a gain on line 15 of the second Form 4684, disregard the instruction to enter it on Schedule D (Form 1040), and instead enter on Schedule A (Form 1040), line 19, the excess of the loss from the first Form 4684 over the gain on line 15 of the second Form 4684. Filing past year tax returns , Time limit for making election. Filing past year tax returns   You must make this election to claim your casualty or theft loss in 2004 by the later of the following dates. Filing past year tax returns The due date (without extensions) for filing your 2005 income tax return. Filing past year tax returns The due date (with extensions) for filing your 2004 income tax return. Filing past year tax returns Example. Filing past year tax returns If you are a calendar year individual taxpayer, you have until April 17, 2006, to amend your 2004 tax return to claim a casualty or theft loss that occurred during 2005. Filing past year tax returns Replacement Period for Nonrecognition of Gain Generally, an involuntary conversion occurs when property is damaged, destroyed, stolen, seized, requisitioned, or condemned, and you receive other property or money in payment, such as insurance or a condemnation award. Filing past year tax returns Generally, you do not have to report a gain (if any) if you replace the property within 2 years (4 years for a main home in a Presidentially declared disaster area). Filing past year tax returns However, for property that was involuntarily converted after August 24, 2005, as a result of Hurricane Katrina, a 5-year replacement period applies if substantially all of the use of the replacement property is in the Hurricane Katrina disaster area. Filing past year tax returns For more information, see the Instructions for Form 4684. Filing past year tax returns Net Operating Losses Qualified GO Zone loss. Filing past year tax returns   Generally, you can carry a net operating loss (NOL) back to the 2 tax years before the NOL year. Filing past year tax returns However, the portion of an NOL that is a qualified GO Zone loss can be carried back to the 5 tax years before the NOL year. Filing past year tax returns In addition, the 90% limit on the alternative tax NOL deduction (ATNOLD) does not apply to such portion of the ATNOLD. Filing past year tax returns   A qualified GO Zone loss is the smaller of: The excess of the NOL for the year over the specified liability loss for the year to which a 10-year carryback applies, or The total of the following deductions (to the extent they are taken into account in computing the NOL for the tax year): Qualified GO Zone casualty loss (as defined below), Moving expenses paid or incurred after August 27, 2005, and before January 1, 2008, for the employment of an individual whose main home was in the GO Zone before August 28, 2005, who was unable to remain in that home because of Hurricane Katrina, and whose main job location (after the move) is in the GO Zone, Temporary housing expenses paid or incurred after August 27, 2005, and before January 1, 2008, to house employees of the taxpayer whose main job location is in the GO Zone, Depreciation or amortization allowable for any qualified GO Zone property (even if you elected not to claim the special GO Zone depreciation allowance for such property) for the year placed in service, and Repair expenses (including expenses for the removal of debris) paid or incurred after August 27, 2005, and before January 1, 2008, for any damage from Hurricane Katrina to property located in the GO Zone. Filing past year tax returns Qualified GO Zone casualty loss. Filing past year tax returns   A qualified GO Zone casualty loss is any deductible section 1231 loss of property located in the GO Zone if the loss was caused by Hurricane Katrina. Filing past year tax returns For this purpose, the amount of the loss is reduced by any recognized gain from an involuntary conversion caused by Hurricane Katrina of property located in the GO Zone. Filing past year tax returns Any such loss taken into account in figuring your qualified GO Zone loss is not eligible for the election to be treated as having occurred in the previous tax year. Filing past year tax returns 5-year NOL carryback of certain timber losses. Filing past year tax returns   Generally, you can carry the portion of an NOL due to income and deductions attributable to a farming business back to the 5 tax years before the NOL year. Filing past year tax returns You can treat income and deductions attributable to qualified timber property as attributable to a farming business if any portion of the property is located in the GO Zone, Rita GO Zone, or Wilma GO Zone, and the income and deductions are allocable to the part of your tax year which is after the applicable date below. Filing past year tax returns August 27, 2005, if any portion of the property is located in the GO Zone. Filing past year tax returns September 22, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone). Filing past year tax returns October 22, 2005, if any portion of the property is located in the Wilma GO Zone (but not in the GO Zone or the RITA GO Zone). Filing past year tax returns   These rules will not apply after 2006. Filing past year tax returns   However, these rules apply only to a timber producer who: Held qualified timber property (defined in Publication 535, Business Expenses) on the applicable date below: August 28, 2005, if any portion of the property is located in the GO Zone, September 23, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone), or October 23, 2005, if any portion of the property is located in the Wilma GO Zone (but not in the GO Zone or the Rita GO Zone); Is not a corporation with stock publicly traded on an established securities market; Is not a real estate investment trust; and Did not hold more than 500 acres of qualified timber property on the applicable date above. Filing past year tax returns More information. Filing past year tax returns   For more information on NOLs, see Publication 536 or Publication 542, Corporations. Filing past year tax returns IRAs and Other Retirement Plans New rules provide for tax-favored withdrawals, repayments, and loans from certain retirement plans for taxpayers who suffered economic losses as a result of Hurricane Katrina, Rita, or Wilma. Filing past year tax returns Definitions Qualified hurricane distribution. Filing past year tax returns   A qualified hurricane distribution is any distribution you received from an eligible retirement plan if all of the following apply. Filing past year tax returns The distribution was made: After August 24, 2005, and before January 1, 2007, for Hurricane Katrina; After September 22, 2005, and before January 1, 2007, for Hurricane Rita; or After October 22, 2005, and before January 1, 2007, for Hurricane Wilma. Filing past year tax returns Your main home was located in a hurricane disaster area listed below on the date shown for that area. Filing past year tax returns August 28, 2005, for the Hurricane Katrina disaster area. Filing past year tax returns September 23, 2005, for the Hurricane Rita disaster area. Filing past year tax returns October 23, 2005, for the Hurricane Wilma disaster area. Filing past year tax returns You sustained an economic loss because of Hurricane Katrina, Rita, or Wilma and your main home was in that hurricane disaster area on the date shown in (2) above for that hurricane. Filing past year tax returns Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. Filing past year tax returns   If (1) through (3) above apply, you can generally designate any distribution (including periodic payments and required minimum distributions) from an eligible retirement plan as a qualified hurricane distribution, regardless of whether the distribution was made on account of Hurricane Katrina, Rita, or Wilma. Filing past year tax returns Qualified hurricane distributions are permitted without regard to your need or the actual amount of your economic loss. Filing past year tax returns   The total of your qualified hurricane distributions from all plans is limited to $100,000. Filing past year tax returns If you have distributions in excess of $100,000 from more than one type of plan, such as a 401(k) plan and an IRA, you may allocate the $100,000 limit among the plans any way you choose. Filing past year tax returns   A reduction or offset (after August 24, 2005, for Katrina; after September 22, 2005, for Rita; or after October 22, 2005, for Wilma) of your account balance in an eligible retirement plan in order to repay a loan can also be designated as a qualified hurricane distribution. Filing past year tax returns Eligible retirement plan. Filing past year tax returns   An eligible retirement plan can be any of the following. Filing past year tax returns A qualified pension, profit-sharing, or stock bonus plan (including a 401(k) plan). Filing past year tax returns A qualified annuity plan. Filing past year tax returns A tax-sheltered annuity contract. Filing past year tax returns A governmental section 457 deferred compensation plan. Filing past year tax returns A traditional, SEP, SIMPLE, or Roth IRA. Filing past year tax returns Main home. Filing past year tax returns   Generally, your main home is the home where you live most of the time. Filing past year tax returns A temporary absence due to special circumstances, such as illness, education, business, military service, evacuation, or vacation, will not change your main home. Filing past year tax returns Taxation of Qualified Hurricane Distributions Qualified hurricane distributions are included in income in equal amounts over three years. Filing past year tax returns However, if you elect, you can include the entire distribution in your income in the year it was received. Filing past year tax returns Qualified hurricane distributions are not subject to the additional 10% tax (or the additional 25% tax for certain distributions from SIMPLE IRAs) on early distributions from qualified retirement plans (including IRAs). Filing past year tax returns However, any distributions you receive in excess of the $100,000 qualified hurricane distribution limit may be subject to the additional tax on early distributions. Filing past year tax returns For more information, see Form 8915. Filing past year tax returns Repayment of Qualified Hurricane Distributions If you choose, you generally can repay any portion of a qualified hurricane distribution that is eligible for tax-free rollover treatment to an eligible retirement plan. Filing past year tax returns Also, you can repay a qualified hurricane distribution made on account of a hardship from a retirement plan. Filing past year tax returns However, see Exceptions below for qualified hurricane distributions you cannot repay. Filing past year tax returns You have three years from the day after the date you received the distribution to make a repayment. Filing past year tax returns Amounts that are repaid are treated as a qualified rollover and are not included in income. Filing past year tax returns Also, for purposes of the one-rollover-per-year limitation for IRAs, a repayment to an IRA is not considered a qualified rollover. Filing past year tax returns See Form 8915 for more information on how to report repayments. Filing past year tax returns Exceptions. Filing past year tax returns   You cannot repay the following types of distributions. Filing past year tax returns Qualified hurricane distributions received as a beneficiary (other than a surviving spouse). Filing past year tax returns Required minimum distributions. Filing past year tax returns Periodic payments (other than from an IRA) that are for: A period of 10 years or more, Your life or life expectancy, or The joint lives or joint life expectancies of you and your beneficiary. Filing past year tax returns Repayment of Qualified Distributions for the Purchase or Construction of a Main Home If you received a qualified distribution to purchase or construct a main home in the Hurricane Katrina, Rita, or Wilma disaster area, you can repay that distribution before March 1, 2006, to an eligible retirement plan after August 24, 2005 (Katrina); after September 22, 2005 (Rita); or after October 22, 2005 (Wilma). Filing past year tax returns For this purpose, an eligible retirement plan is any plan, annuity, or IRA to which a qualified rollover can be made. Filing past year tax returns To be a qualified distribution, the distribution must meet all of the following requirements. Filing past year tax returns The distribution is a hardship distribution from a 401(k) plan, a hardship distribution from a tax-sheltered annuity contract, or a qualified first-time homebuyer distribution from an IRA. Filing past year tax returns The distribution was received in 2005 after February 28 and before: August 29 for Hurricane Katrina; September 24 for Hurricane Rita; or October 24 for Hurricane Wilma. Filing past year tax returns The distribution was to be used to purchase or construct a main home in the Hurricane Katrina, Rita, or Wilma disaster area that was not purchased or constructed because of Hurricane Katrina, Rita, or Wilma. Filing past year tax returns Amounts that are repaid before March 1, 2006, are treated as a qualified rollover and are not included in income. Filing past year tax returns Also, for purposes of the one-rollover-per-year limitation for IRAs, a repayment to an IRA is not considered a qualified rollover. Filing past year tax returns A qualified distribution not repaid before March 1, 2006, may be taxable for 2005 and subject to the additional 10% tax (or the additional 25% tax for certain SIMPLE IRAs) on early distributions. Filing past year tax returns You must file Form 8915 if you received a qualified distribution that you repaid, in whole or in part, before March 1, 2006. Filing past year tax returns Loans From Qualified Plans The following benefits are available to qualified individuals. Filing past year tax returns Increases to the limits for distributions treated as loans from employer plans. Filing past year tax returns A 1-year suspension for payments due on plan loans. Filing past year tax returns Qualified individual. Filing past year tax returns   You are a qualified individual if any of the following apply. Filing past year tax returns Your main home on August 28, 2005, was located in the Hurricane Katrina disaster area and you had an economic loss because of Hurricane Katrina. Filing past year tax returns Your main home on September 23, 2005, was located in the Hurricane Rita disaster area and you had an economic loss because of Hurricane Rita. Filing past year tax returns Your main home on October 23, 2005, was located in the Hurricane Wilma disaster area and you had an economic loss because of Hurricane Wilma. Filing past year tax returns Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. Filing past year tax returns Limits on plan loans. Filing past year tax returns   The $50,000 limit for distributions treated as plan loans is increased to $100,000. Filing past year tax returns In addition, the limit based on 50% of your vested accrued benefit is increased to 100% of that benefit. Filing past year tax returns The higher limits apply only to loans received during the following period. Filing past year tax returns If your main home was located in the Hurricane Katrina disaster area, the period began on September 24, 2005, and ends on December 31, 2006. Filing past year tax returns If your main home was located in the Hurricane Rita or Wilma disaster area, the period began on December 21, 2005, and ends on December 31, 2006. Filing past year tax returns If you are a qualified individual based on Hurricane Katrina and another hurricane, use the period based on Hurricane Katrina. Filing past year tax returns One-year suspension of loan payments. Filing past year tax returns   Payments on plan loans due before 2007 may be suspended for 1 year by the plan administrator. Filing past year tax returns To qualify for the suspension, the due date for any loan payment must occur during the period beginning on: August 28, 2005, if your main home was located in the Hurricane Katrina disaster area. Filing past year tax returns September 23, 2005, if your main home was located in the Hurricane Rita disaster area. Filing past year tax returns October 23, 2005, if your main home was located in the Hurricane Wilma disaster area. Filing past year tax returns If you are a qualified individual based on more than one hurricane, use the period with the earliest beginning date. Filing past year tax returns Additional Tax Relief for Individuals Earned Income Credit and Child Tax Credit You can elect to use your 2004 earned income to figure your earned income credit (EIC) and additional child tax credit for 2005 if: Your 2005 earned income is less than your 2004 earned income, and At least one of the following statements is true. Filing past year tax returns Your main home on August 25, 2005, was in the Gulf Opportunity (GO) Zone. Filing past year tax returns Your main home on August 25, 2005, was in the Hurricane Katrina disaster area and you were displaced from that home because of Hurricane Katrina. Filing past year tax returns Your main home on September 23, 2005, was in the Rita GO Zone. Filing past year tax returns Your main home on September 23, 2005, was in the Hurricane Rita disaster area and you were displaced from that home because of Hurricane Rita. Filing past year tax returns Your main home on October 23, 2005, was in the Wilma GO Zone. Filing past year tax returns Your main home on October 23, 2005, was in the Hurricane Wilma disaster area and you were displaced from that home because of Hurricane Wilma. Filing past year tax returns Earned income. Filing past year tax returns    For the purpose of this election, your earned income for both the EIC and the additional child tax credit is the amount of earned income used to figure your EIC, even if you did not take the EIC and even if that amount is different than your earned income for the additional child tax credit. Filing past year tax returns If you are claiming only the additional child tax credit, you must figure the amount of your earned income for EIC purposes to determine your eligibility to make the election and the amount of the credit. Filing past year tax returns Joint returns. Filing past year tax returns   If you file a joint return, you qualify to make this election even if only one spouse meets the requirements. Filing past year tax returns If you make the election, your 2004 earned income is the sum of your 2004 earned income and your spouse's 2004 earned income. Filing past year tax returns Making the election. Filing past year tax returns   If you make the election to use your 2004 earned income, the election applies for figuring both the EIC and the additional child tax credit. Filing past year tax returns However, you can make the election for the additional child tax credit even if you do not take the EIC. Filing past year tax returns   Electing to use your 2004 earned income may increase or decrease your EIC. Filing past year tax returns Take the following steps to decide whether to make the election. Filing past year tax returns Figure your 2005 EIC using your 2004 earned income. Filing past year tax returns Figure your 2005 additional child tax credit using your 2004 earned income for EIC purposes. Filing past year tax returns Add the results of (1) and (2). Filing past year tax returns Figure your 2005 EIC using your 2005 earned income. Filing past year tax returns Figure your 2005 additional child tax credit using your 2005 earned income for additional child tax credit purposes. Filing past year tax returns Add the results of (4) and (5). Filing past year tax returns Compare the results of (3) and (6). Filing past year tax returns If (3) is larger than (6), it is to your benefit to make the election. Filing past year tax returns If (3) is equal to or smaller than (6), making the election will not help you. Filing past year tax returns   If you elect to use your 2004 earned income and you are claiming the EIC, enter “PYEI” and the amount of your 2004 earned income on the dotted line next to line 66a of Form 1040, on the line next to line 41a of Form 1040A, or in the space to the left of line 8a of Form 1040EZ. Filing past year tax returns   If you elect to use your 2004 earned income and you are claiming the additional child tax credit, enter your 2004 earned income for EIC purposes (even if you did not claim the EIC) on Form 8812, Additional Child Tax Credit, line 4a, and check the box on that line. Filing past year tax returns   Because Form 8812 was released before the GO Zone legislation was enacted, the instructions refer only to individuals whose main home was in the Hurricane Katrina disaster area. Filing past year tax returns When completing Form 8812, line 4a, use the above rules to determine your eligibility to make the election (instead of the Form 8812 instructions). Filing past year tax returns Getting your 2004 tax return information. Filing past year tax returns   If you do not have your 2004 tax records, you can get the amount of earned income used to figure your 2004 EIC by calling 1-866-562-5227. Filing past year tax returns You can also get this information by visiting the IRS website at www. Filing past year tax returns irs. Filing past year tax returns gov. Filing past year tax returns   If you prefer to figure your 2004 earned income yourself, copies or transcripts of your filed and processed tax returns can help you reconstruct your tax records. Filing past year tax returns See Request for Copy or Transcript of Tax Return on page 16. Filing past year tax returns Additional Exemption for Housing Individuals Displaced by Hurricane Katrina You may be able to claim an additional exemption amount of $500 for providing housing in your main home for each individual displaced by Hurricane Katrina. Filing past year tax returns The additional exemption amount is claimed on new Form 8914. Filing past year tax returns The additional exemption amount is allowable once per taxpayer for a specific individual in 2005 or 2006, but not in both years. Filing past year tax returns The maximum additional exemption amount you can claim for all displaced individuals is $2,000 ($1,000 if married filing separately). Filing past year tax returns The additional exemption amount you claim for displaced individuals in 2005 will reduce the $2,000 maximum for 2006. Filing past year tax returns If two or more taxpayers share the same main home, only one taxpayer in that main home can claim the additional exemption amount for a specific displaced individual. Filing past year tax returns If married filing separately, only one spouse may claim the additional exemption amount for a specific displaced individual. Filing past year tax returns In order for you to be considered to have provided housing, you must have a legal interest in the main home (that is, own or rent the home). Filing past year tax returns To qualify as a displaced individual, the individual: Must have had his or her main home in the Hurricane Katrina disaster area on August 28, 2005, and he or she must have been displaced from that home. Filing past year tax returns If the individual's main home was located outside the core disaster area, that home must have been damaged by Hurricane Katrina or the individual must have been evacuated from that home because of Hurricane Katrina, Must have been provided housing in your main home for a period of at least 60 consecutive days ending in the tax year in which the exemption is claimed, and Cannot be your spouse or dependent. Filing past year tax returns You cannot claim the additional exemption amount if you received rent (or any other amount) from any source for providing the housing. Filing past year tax returns You are permitted to receive payments or reimbursements that do not relate to normal housing costs, including the following. Filing past year tax returns Food, clothing, or personal items consumed or used by the displaced individual. Filing past year tax returns Reimbursement for the cost of any long distance telephone calls made by the displaced individual. Filing past year tax returns Reimbursement for the cost of gasoline for the displaced individual's use of your vehicle. Filing past year tax returns However, you cannot claim the additional exemption amount if you received any reimbursement for the extra costs of heat, electricity, or water used by the displaced individual. Filing past year tax returns Also, you must report on Form 8914 the displaced individual's social security number or individual taxpayer identification number to claim an additional exemption amount. Filing past year tax returns For more information, see Form 8914. Filing past year tax returns Education Credits The education credits have been expanded for students attending an eligible educational institution located in the Gulf Opportunity Zone (GOZ students) for any tax year beginning in 2005 or 2006. Filing past year tax returns The Hope credit for a GOZ student is increased to 100% of the first $2,000 in qualified education expenses and 50% of the next $2,000 of qualified education expenses for a maximum credit of $3,000 per student. Filing past year tax returns The lifetime learning credit rate for a GOZ student is increased from 20% to 40%. Filing past year tax returns The definition of qualified education expenses for a GOZ student also has been expanded. Filing past year tax returns In addition to tuition and fees required for the student's enrollment or attendance at an eligible educational institution, qualified education expenses for a GOZ student include the following. Filing past year tax returns Books, supplies, and equipment required for enrollment or attendance at an eligible educational institution. Filing past year tax returns For a special needs student, expenses that are necessary for that person's enrollment or attendance at an eligible educational institution. Filing past year tax returns For a student who is at least a half-time student, the reasonable costs of room and board, but only to the extent that the costs are not more than the greater of the following two amounts. Filing past year tax returns The allowance for room and board, as determined by the eligible educational institution, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student. Filing past year tax returns The actual amount charged if the student is residing in housing owned or operated by the eligible educational institution. Filing past year tax returns You will need to contact the eligible educational institution for qualified room and board costs. Filing past year tax returns For more information, see Form 8863. Filing past year tax returns Recapture of Federal Mortgage Subsidy Generally, if you financed your home under a federally subsidized program (loans from tax-exempt qualified mortgage bonds or loans with mortgage credit certificates), you may have to recapture all or part of the benefit you received from that program when you sell or otherwise dispose of your home. Filing past year tax returns However, you do not have to recapture any benefit if your mortgage loan was a qualified home improvement loan of not more than $15,000. Filing past year tax returns This amount is increased to $150,000 if the loan was provided before 2011 and was used to: Repair damage caused by Hurricane Katrina to a residence in the Hurricane Katrina disaster area, or Alter, repair, or improve an existing owner-occupied residence in the GO Zone, Rita GO Zone, or Wilma GO Zone. Filing past year tax returns Exclusion of Certain Cancellations of Indebtedness by Reason of Hurricane Katrina Generally, discharges of nonbusiness debts (such as mortgages) made after August 24, 2005, and before January 1, 2007, are excluded from income for individuals whose main home was in the Hurricane Katrina disaster area on August 25, 2005. Filing past year tax returns If the individual's main home was located outside the core disaster area, the individual also must have had an economic loss because of Hurricane Katrina. Filing past year tax returns Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. Filing past year tax returns This relief does not apply to any debt secured by real property located outside the Hurricane Katrina disaster area. Filing past year tax returns You may also have to reduce certain tax attributes by the amount excluded. Filing past year tax returns For more information, see Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment). Filing past year tax returns Tax Relief for Temporary Relocation Under the Gulf Opportunity Zone Act of 2005, the IRS may adjust the internal revenue laws to ensure that taxpayers do not lose a deduction or credit or experience a change of filing status in 2005 or 2006 as a result of a temporary relocation caused by Hurricane Katrina, Rita, or Wilma. Filing past year tax returns However, any such adjustment must ensure that an individual is not taken into account by more than one taxpayer for the same tax benefit. Filing past year tax returns The IRS has exercised this authority as follows. Filing past year tax returns In determining whether you furnished over one-half of the cost of maintaining a household, you can exclude from total household costs any assistance received from the government or charitable organizations because you were temporarily relocated as a result of Hurricane Katrina, Rita, or Wilma. Filing past year tax returns In determining whether you provided more than one-half of an individual's support, you can disregard any assistance received from the government or charitable organizations because you were temporarily relocated as a result of Hurricane Katrina, Rita, or Wilma. Filing past year tax returns You can treat as a student an individual who enrolled in school before August 25, 2005, and who is unable to attend classes because of Hurricane Katrina, for each month of the enrollment period that individual is prevented by Hurricane Katrina from attending school as planned. Filing past year tax returns You can treat as a student an individual who enrolled in school before September 23, 2005, and who is unable to attend classes because of Hurricane Rita, for each month of the enrollment period that individual is prevented by Hurricane Rita from attending school as planned. Filing past year tax returns You can treat as a student an individual who enrolled in school before October 23, 2005, and who is unable to attend classes because of Hurricane Wilma, for each month of the enrollment period that individual is prevented by Hurricane Wilma from attending school as planned. Filing past year tax returns Additional Tax Relief for Businesses Special Depreciation Allowance You can take a special depreciation allowance for qualified Gulf Opportunity (GO) Zone property (as defined below) you place in service after August 27, 2005. Filing past year tax returns The allowance is an additional deduction of 50% of the property's depreciable basis (after any section 179 deduction and before figuring your regular depreciation deduction). Filing past year tax returns The special allowance applies only for the first year the property is placed in service. Filing past year tax returns The allowance is deductible for both the regular tax and the alternative minimum tax (AMT). Filing past year tax returns There is no AMT adjustment required for any depreciation figured on the remaining basis of the property. Filing past year tax returns You can elect not to deduct the special GO Zone depreciation allowance for qualified property. Filing past year tax returns If you make this election for any property, it applies to all property in the same class placed in service during the year. Filing past year tax returns Qualified GO Zone property. Filing past year tax returns   Property that qualifies for the special GO Zone depreciation allowance includes the following. Filing past year tax returns Tangible property depreciated under the modified accelerated cost recovery system (MACRS) with a recovery period of 20 years or less. Filing past year tax returns Water utility property. Filing past year tax returns Computer software that is readily available for purchase by the general public, is subject to a nonexclusive license, and has not been substantially modified. Filing past year tax returns (The cost of some computer software is treated as part of the cost of hardware and is depreciated under MACRS. Filing past year tax returns ) Qualified leasehold improvement property. Filing past year tax returns Nonresidential real property and residential rental property. Filing past year tax returns   For more information on this property, see Publication 946. Filing past year tax returns Other tests to be met. Filing past year tax returns   To be qualified GO Zone property, the property must also meet all of the following tests. Filing past year tax returns You must have acquired the property, by purchase, after August 27, 2005, but only if no binding written contract for the acquisition was in effect before August 28, 2005. Filing past year tax returns The property must be placed in service before 2008 (2009 in the case of nonresidential real property and residential rental property). Filing past year tax returns Substantially all of the use of the property must be in the GO Zone and in the active conduct of your trade or business in the GO Zone. Filing past year tax returns The original use of the property in the GO Zone must begin with you after August 27, 2005. Filing past year tax returns Used property can be qualified GO Zone property if it has not previously been used within the GO Zone. Filing past year tax returns Also, additional capital expenditures you incurred after August 27, 2005, to recondition or rebuild your property meet the original use test if the original use of the property in the GO Zone began with you. Filing past year tax returns Excepted property. Filing past year tax returns   Qualified GO Zone property does not include any of the following. Filing past year tax returns Property required to be depreciated using the Alternative Depreciation System (ADS). Filing past year tax returns Property any portion of which is financed with the proceeds of a tax-exempt obligation under section 103. Filing past year tax returns Property for which you are claiming a commercial revitalization deduction. Filing past year tax returns Any property used in connection with any private or commercial golf course, country club, massage parlor, hot tub facility, suntan facility, or any store, the principal business of which is the sale of alcoholic beverages for consumption off premises. Filing past year tax returns Any gambling or animal racing property (as defined below). Filing past year tax returns Property in the same class as that for which you elected not to claim the special GO Zone depreciation allowance. Filing past year tax returns   Gambling or animal racing property is: Any equipment, furniture, software, or other property used directly in connection with gambling, the racing of animals, or the on-site viewing of such racing, and The portion of any real property (determined by square footage) that is dedicated to gambling, the racing of animals, or the on-site viewing of such racing, unless this portion is less than 100 square feet. Filing past year tax returns Recapture of special allowance. Filing past year tax returns   If, in any year after the year you claim the special allowance, the property ceases to be qualified GO Zone property, you may have to recapture as ordinary income any excess benefit you received from claiming the special allowance. Filing past year tax returns Increased Section 179 Deduction An increased section 179 deduction is allowable for qualified section 179 Gulf Opportunity (GO) Zone property (as defined later) placed in service in the GO Zone. Filing past year tax returns Increased dollar limit. Filing past year tax returns   The limit on the section 179 deduction ($105,000 for 2005, $108,000 for 2006) for qualified section 179 GO Zone property acquired after August 27, 2005, is increased by the smaller of: $100,000, or The cost of qualified section 179 GO Zone property placed in service during the year (including such property placed in service by your spouse, even if you are filing a separate return). Filing past year tax returns   The amount for which you can make the election is reduced if the cost of all qualified section 179 GO Zone property you placed in service during the year exceeds $420,000 for 2005 ($430,000 for 2006) increased by the smaller of: $600,000, or The cost of qualified section 179 GO Zone property placed in service during the year. Filing past year tax returns Qualified section 179 GO Zone property. Filing past year tax returns   Qualified section 179 GO Zone property is section 179 property that is qualified GO Zone property (explained earlier under Special Depreciation Allowance). Filing past year tax returns Section 179 property does not include nonresidential real property or residential rental property. Filing past year tax returns For more information, including the requirements that must be met for property to qualify for the section 179 deduction, see chapter 2 of Publication 946. Filing past year tax returns Work Opportunity Credit For the work opportunity credit, the definition of “targeted group employee” has been expanded to include a Hurricane Katrina employee. Filing past year tax returns Hurricane Katrina employee. Filing past year tax returns   A Hurricane Katrina employee is: A person who, on August 28, 2005, had a main home in the core disaster area and, within a two-year period beginning on that date, is hired to perform services principally in the core disaster area; or A person who, on August 28, 2005, had a main home in the core disaster area, was displaced from that main home as a result of Hurricane Katrina, and was hired during the period beginning on August 28, 2005, and ending on December 31, 2005. Filing past year tax returns Qualified wages. Filing past year tax returns   Generally, qualified wages do not include wages you paid to a targeted group employee who worked for you previously. Filing past year tax returns However, wages will qualify if: You paid them to an employee who is a Hurricane Katrina employee, The employee was not in your employment on August 28, 2005, and This is your first hire of the employee as a Hurricane Katrina employee after August 28, 2005. Filing past year tax returns   For more information, see Form 5884. Filing past year tax returns Certification requirements. Filing past year tax returns   An employee must provide to the employer reasonable evidence that he or she is a Hurricane Katrina employee. Filing past year tax returns An employer may accept a completed Form 8850, Pre-Screening Notice and Certification Request for the Work Opportunity and Welfare-to-Work Credits, as such evidence. Filing past year tax returns The certification requirements described in Form 8850 do not apply to a Hurricane Katrina employee. Filing past year tax returns Do not send any Forms 8850 that have only box 1 checked to the state employment security agency. Filing past year tax returns Instead, the employer should keep these Forms 8850 with the employer's other records. Filing past year tax returns For more information, see Form 8850 and its instructions. Filing past year tax returns Employee Retention Credit An eligible employer who conducted an active trade or business in the Gulf Opportunity (GO) Zone, the Rita GO Zone, or the Wilma GO Zone can claim the employee retention credit. Filing past year tax returns The credit is 40% of qualified wages for each eligible employee (up to a maximum of $6,000 in qualified wages per employee). Filing past year tax returns Generally, you must reduce your deduction for salaries and wages by the amount of this credit (before the tax liability limit). Filing past year tax returns Use Form 5884-A to claim the credit. Filing past year tax returns See the following rules and definitions for each hurricane. Filing past year tax returns Employers affected by Hurricane Katrina. Filing past year tax returns   The following definitions apply to employers affected by Hurricane Katrina. Filing past year tax returns Eligible employer. Filing past year tax returns   For this purpose, an eligible employer is any employer who conducted an active trade or business on August 28, 2005, in the GO Zone and whose trade or business was inoperable on any day after August 28, 2005, and before January 1, 2006, because of damage caused by Hurricane Katrina. Filing past year tax returns Eligible employee. Filing past year tax returns   For this purpose, an eligible employee is an employee whose principal place of employment on August 28, 2005, with such eligible employer was in the GO Zone. Filing past year tax returns An employee is not an eligible employee for purposes of Hurricane Katrina if the employee is treated as an eligible employee for the work opportunity credit. Filing past year tax returns Employers affected by Hurricane Rita. Filing past year tax returns   The following definitions apply to employers affected by Hurricane Rita. Filing past year tax returns Eligible employer. Filing past year tax returns   For this purpose, an eligible employer is any employer who conducted an active trade or business on September 23, 2005, in the Rita GO Zone and whose trade or business was inoperable on any day after September 23, 2005, and before January 1, 2006, because of damage caused by Hurricane Rita. Filing past year tax returns Eligible employee. Filing past year tax returns   For this purpose, an eligible employee is an employee whose principal place of employment on September 23, 2005, with such eligible employer was in the Rita GO Zone. Filing past year tax returns An employee is not an eligible employee for purposes of Hurricane Rita if the employee is treated as an eligible employee for the work opportunity credit or the Hurricane Katrina employee retention credit. Filing past year tax returns Employers affected by Hurricane Wilma. Filing past year tax returns   The following definitions apply to employers affected by Hurricane Wilma. Filing past year tax returns Eligible employer. Filing past year tax returns   For this purpose, an eligible employer is any employer who conducted an active trade or business on October 23, 2005, in the Wilma GO Zone and whose trade or business was inoperable on any day after October 23, 2005, and before January 1, 2006, because of damage caused by Hurricane Wilma. Filing past year tax returns Eligible employee. Filing past year tax returns   For this purpose, an eligible employee is an employee whose principal place of employment on October 23, 2005, with such eligible employer was in the Wilma GO Zone. Filing past year tax returns An employee is not an eligible employee for purposes of Hurricane Wilma if the employee is treated as an eligible employee for the work opportunity credit or the Hurricane Katrina or Rita employee retention credit. Filing past year tax returns Qualified wages. Filing past year tax returns   Qualified wages are wages you paid or incurred before January 1, 2006, (up to $6,000 per employee) for an eligible employee beginning on the date your trade or business first became inoperable at the employee's principal place of employment immediately before the applicable hurricane, and ending on the date your trade or business resumed significant operations at that place. Filing past year tax returns In addition, the wages must have been paid or incurred after the following date. Filing past year tax returns August 28, 2005, for Hurricane Katrina. Filing past year tax returns September 23, 2005, for Hurricane Rita. Filing past year tax returns October 23, 2005, for Hurricane Wilma. Filing past year tax returns    This includes wages paid even if the employee performed no services, performed services at a place of employment other than the principal place of employment, or performed services at the principal place of employment before significant operations resumed. Filing past year tax returns    Wages qualifying for the credit generally have the same meaning as wages subject to the Federal Unemployment Tax Act (FUTA). Filing past year tax returns Qualified wages also include amounts you paid for medical or hospitalization expenses in connection with sickness or accident disability. Filing past year tax returns Qualified wages for any employee must be reduced by the amount of any work supplementation payment you received under the Social Security Act. Filing past year tax returns   For agricultural employees, if the work performed by any employee during more than half of any pay period qualified under FUTA as agricultural labor, that employee's wages subject to social security and Medicare taxes are qualified wages. Filing past year tax returns For a special rule that applies to railroad employees, see section 51(h)(1)(B). Filing past year tax returns   Qualified wages do not include the following. Filing past year tax returns Wages paid to your dependent or a related individual. Filing past year tax returns See section 51(i)(1). Filing past year tax returns Wages paid to any employee during the period for which you received payment for the employee from a federally funded on-the-job training program. Filing past year tax returns Wages for services of replacement workers during a strike or lockout. Filing past year tax returns   For more information, see Form 5884-A. Filing past year tax returns Hurricane Katrina Housing Credit An employer who conducted an active trade or business in the Gulf Opportunity (GO) Zone can claim the Hurricane Katrina housing credit. Filing past year tax returns The credit is equal to 30% of the value (up to $600 per month per employee) of in-kind lodging furnished to a qualified employee (and the employee's spouse or dependents) from January 1, 2006, through July 1, 2006. Filing past year tax returns The value of the lodging is excluded from the income of the qualified employee but is treated as wages for purposes of taxes imposed under the Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA). Filing past year tax returns Generally, you must reduce your deduction for salaries and wages by the amount of this credit (before the tax liability limit). Filing past year tax returns The employer must use Form 5884-A to claim the credit. Filing past year tax returns A qualified employee is an individual who had a main home in the GO Zone on August 28, 2005, and who performs substantially all employment services in the GO Zone for the employer furnishing the lodging. Filing past year tax returns The employee cannot be your dependent or a related individual. Filing past year tax returns See section 51(i)(1). Filing past year tax returns For more information, see Form 5884-A. Filing past year tax returns Reforestation Costs You may be able to elect to deduct a limited amount of reforestation costs for each qualified timber property. Filing past year tax returns The deduction for any tax year generally is limited to $10,000 ($5,000 if married filing separately, $0 for a trust). Filing past year tax returns However, this limit is increased if you paid or incurred reforestation costs after the applicable date below and any portion of the qualified timber property is located in one of the following areas. Filing past year tax returns August 27, 2005, if any portion of the property is located in the GO Zone. Filing past year tax returns September 22, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone). Filing past year tax returns October 22, 2005, if any portion of the property is located in the Wilma GO Zone. Filing past year tax returns The limit for each qualified timber property is increased by the smaller of: $10,000 ($5,000 if married filing separately, $0 for a trust), or The amount of reforestation costs you paid or incurred after the applicable date for the qualified timber property, any portion of which is located in the zone described above. Filing past year tax returns The increase in the limit applies only to costs paid or incurred before 2008. Filing past year tax returns However, these rules do not apply to any timber producer who: Held more than 500 acres of qualified timber property at any time during the tax year, Is a corporation with stock publicly traded on an established securities market, or Is a real estate investment trust. Filing past year tax returns For more information about the election to deduct reforestation costs, see chapter 8 in Publication 535, Business Expenses. Filing past year tax returns Demolition and Clean-up Costs You can elect to deduct 50% of any qualified GO Zone clean-up costs for the tax year in which the costs are paid or incurred, instead of capitalizing them. Filing past year tax returns Qualified GO Zone clean-up costs are any amounts paid or incurred after August 27, 2005, and before January 1, 2008, for the removal of debris from, or the demolition of structures on, real property located in the GO Zone that is: Held by you for use in a trade or business or for the production of income, or Inventory or other property held primarily for sale to customers in the ordinary course of your trade or business. Filing past year tax returns Increase in Rehabilitation Tax Credit The rehabilitation credit is increased for qualified rehabilitation expenditures paid or incurred after August 27, 2005, and before January 1, 2009, on buildings located in the GO Zone as follows. Filing past year tax returns For pre-1936 buildings (other than certified historic structures), the credit percentage is increased from 10% to 13%. Filing past year tax returns For certified historic structures, the credit percentage is increased from 20% to 26%. Filing past year tax returns For more information, see Form 3468, Investment Credit. Filing past year tax returns Request for Copy or Transcript of Tax Return Request for copy of tax return. Filing past year tax returns   You can use Form 4506 to order a copy of your tax return. Filing past year tax returns Generally, there is a $39. Filing past year tax returns 00 fee for requesting each copy of a tax return. Filing past year tax returns If your main home, principal place of business, or tax records are located in a Presidentially declared disaster area, the fee will be waived if the assigned disaster designation (for example, “Hurricane Katrina”) is written in red across the top of the form when filed. Filing past year tax returns Request for transcript of tax return. Filing past year tax returns   You can use Form 4506-T to order a free transcript of your tax return. Filing past year tax returns A transcript provides most of the line entries from a tax return and usually contains the information that a third party requires. Filing past year tax returns You can also call 1-800-829-1040 to order a transcript. Filing past year tax returns How To Get Tax Help Special IRS assistance. Filing past year tax returns   The IRS is providing special help for those affected by Hurricane Katrina, Rita, or Wilma, as well as survivors and personal representatives of the victims. Filing past year tax returns We have set up a special toll-free number for people who may have trouble filing or paying their taxes because they were affected by Hurricane Katrina, Rita, or Wilma, or who have other tax issues related to the hurricanes. Filing past year tax returns Call 1-866-562-5227 Monday through Friday In English-7 a. Filing past year tax returns m. Filing past year tax returns to 10 p. Filing past year tax returns m. Filing past year tax returns local time In Spanish-8 a. Filing past year tax returns m. Filing past year tax returns to 9:30 p. Filing past year tax returns m. Filing past year tax returns local time   The IRS website at www. Filing past year tax returns irs. Filing past year tax returns gov has notices and other tax relief information. Filing past year tax returns Check it periodically for any new guidance. Filing past year tax returns Other help from the IRS. Filing past year tax returns   You can get help with unresolved tax issues, order free publications and forms, ask tax questions, and get more information from the IRS in several ways. Filing past year tax returns By selecting the method that is best for you, you will have quick and easy access to tax help. Filing past year tax returns Contacting your Taxpayer Advocate. Filing past year tax returns   If you have attempted to deal with an IRS problem unsuccessfully, you should contact your Taxpayer Advocate. Filing past year tax returns   The Taxpayer Advocate independently represents your interests and concerns within the IRS by protecting your rights and resolving problems that have not been fixed through normal channels. Filing past year tax returns While Taxpayer Advocates cannot change the tax law or make a technical tax decision, they can clear up problems that resulted from previous contacts and ensure that your case is given a complete and impartial review. Filing past year tax returns   To contact your Taxpayer Advocate: Call the Taxpayer Advocate toll free at 1-877-777-4778. Filing past year tax returns Call, write, or fax the Taxpayer Advocate office in your area. Filing past year tax returns Call 1-800-829-4059 if you are a TTY/TDD user. Filing past year tax returns Visit www. Filing past year tax returns irs. Filing past year tax returns gov/advocate. Filing past year tax returns   For more information, see Publication 1546, How To Get Help With Unresolved Tax Problems (now available in Chinese, Korean, Russian, and Vietnamese, in addition to English and Spanish). Filing past year tax returns Free tax services. Filing past year tax returns   To find out what services are available, get Publication 910, IRS Guide to Free Tax Services. Filing past year tax returns It contains a list of free tax publications and an index of tax topics. Filing past year tax returns It also describes other free tax information services, including tax education and assistance programs and a list of TeleTax topics. Filing past year tax returns Internet. Filing past year tax returns You can access the IRS website 24 hours a day, 7 days a week, at www. Filing past year tax returns irs. Filing past year tax returns gov to: E-file your return. Filing past year tax returns Find out about commercial tax preparation and e-file services available free to eligible taxpayers. Filing past year tax returns Check the status of your refund. Filing past year tax returns Click on Where's My Refund. Filing past year tax returns Be sure to wait at least 6 weeks from the date you filed your return (3 weeks if you filed electronically). Filing past year tax returns Have your tax return available because you will need to know your social security number, your filing status, and the exact whole dollar amount of your refund. Filing past year tax returns Download forms, instructions, and publications. Filing past year tax returns Order IRS products online. Filing past year tax returns Research your tax questions online. Filing past year tax returns Search publications online by topic or keyword. Filing past year tax returns View Internal Revenue Bulletins (IRBs) published in the last few years. Filing past year tax returns Figure your withholdin
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The Commissioner's Section

Commissioner John Koskinen
John Koskinen is the 48th Commissioner of the Internal Revenue Service.

Commissioner's Comments, Statements and Remarks
IRS Commissioner discusses a range of tax administration issues.

Previous IRS Commissioners
There have been 47 previous commissioners of Internal Revenue and 26 acting commissioners since the agency was created in 1862.

Longest- and Shortest-Serving Commissioners of Internal Revenue
Before RRA-98 set a five-year term of office, the average length of a Commissioner's tenure was about three years. These were anything but average.

Page Last Reviewed or Updated: 27-Mar-2014

The Filing Past Year Tax Returns

Filing past year tax returns 8. Filing past year tax returns   Paying Tax Through Withholding or Estimated Tax Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Notification of Alien Status Withholding From CompensationWithholding on Wages Withholding on Pensions Withholding on Tip Income Independent Contractors Withholding From Other IncomeTax Withheld on Partnership Income Withholding on Scholarships and Fellowship Grants Income Entitled to Tax Treaty BenefitsStudents, teachers, and researchers. Filing past year tax returns Tax Withheld on Real Property Sales Social Security and Medicare TaxesStudents and Exchange Visitors Agricultural Workers Self-Employment Tax International Social Security Agreements Estimated Tax Form 1040-ES (NR)Fiscal year. Filing past year tax returns Introduction This chapter discusses how to pay your U. Filing past year tax returns S. Filing past year tax returns income tax as you earn or receive income during the year. Filing past year tax returns In general, the federal income tax is a pay as you go tax. Filing past year tax returns There are two ways to pay as you go. Filing past year tax returns Withholding. Filing past year tax returns If you are an employee, your employer probably withholds income tax from your pay. Filing past year tax returns Tax may also be withheld from certain other income—including pensions, bonuses, commissions, and gambling winnings. Filing past year tax returns In each case, the amount withheld is paid to the U. Filing past year tax returns S. Filing past year tax returns Treasury in your name. Filing past year tax returns Estimated tax. Filing past year tax returns If you do not pay your tax through withholding, or do not pay enough tax that way, you might have to pay estimated tax. Filing past year tax returns People who are in business for themselves generally will have to pay their tax this way. Filing past year tax returns You may have to pay estimated tax if you receive income such as dividends, interest, rent, and royalties. Filing past year tax returns Estimated tax is used to pay not only income tax, but self-employment tax and alternative minimum tax as well. Filing past year tax returns Topics - This chapter discusses: How to notify your employer of your alien status, Income subject to withholding of income tax, Exemptions from withholding, Social security and Medicare taxes, and Estimated tax rules. Filing past year tax returns Useful Items - You may want to see: Publication 515 Withholding of Tax on Nonresident Aliens and Foreign Entities 901 U. Filing past year tax returns S. Filing past year tax returns Tax Treaties Form (and Instructions) W-4 Employee's Withholding Allowance Certificate W-8BEN Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting (Individuals) W-8ECI Certificate of Foreign Person's Claim That Income Is Effectively Connected With the Conduct of a Trade or Business in the United States W-9 Request for Taxpayer Identification Number and Certification 1040-ES (NR) U. Filing past year tax returns S. Filing past year tax returns Estimated Tax for Nonresident Alien Individuals 8233 Exemption From Withholding on Compensation for Independent (and Certain Dependent) Personal Services of a Nonresident Alien Individual 8288-B Application for Withholding Certificate for Dispositions by Foreign Persons of U. Filing past year tax returns S. Filing past year tax returns Real Property Interests 13930 Application for Central Withholding Agreement See chapter 12 for information about getting these publications and forms. Filing past year tax returns Notification of Alien Status You must let your employer know whether you are a resident or a nonresident alien so your employer can withhold the correct amount of tax from your wages. Filing past year tax returns If you are a resident alien under the rules discussed in chapter 1, you must file Form W-9 or a similar statement with your employer. Filing past year tax returns If you are a nonresident alien under those rules, you must furnish to your employer Form 8233 or Form W-8BEN, establishing that you are a foreign person, or Form W-4, establishing that your compensation is subject to graduated withholding at the same rates as resident aliens or U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns If you are a resident alien and you receive income other than wages (such as dividends and royalties) from sources within the United States, file Form W-9 or similar statement with the withholding agent (generally, the payer of the income) so the agent will not withhold tax on the income at the 30% (or lower treaty) rate. Filing past year tax returns If you receive this type of income as a nonresident alien, file Form W-8BEN with the withholding agent so that the agent will withhold tax at the 30% (or lower treaty) rate. Filing past year tax returns However, if the income is effectively connected with a U. Filing past year tax returns S. Filing past year tax returns trade or business, file Form W-8ECI instead. Filing past year tax returns Withholding From Compensation The following discussion generally applies only to nonresident aliens. Filing past year tax returns Tax is withheld from resident aliens in the same manner as U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns Wages and other compensation paid to a nonresident alien for services performed as an employee are usually subject to graduated withholding at the same rates as resident aliens and U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns Therefore, your compensation, unless it is specifically excluded from the term “wages” by law, or is exempt from tax by treaty, is subject to graduated withholding. Filing past year tax returns Withholding on Wages If you are an employee and you receive wages subject to graduated withholding, you will be required to fill out a Form W-4. Filing past year tax returns Also fill out Form W-4 for a scholarship or fellowship grant to the extent it represents payment for past, present, or future services and for which you are not claiming a tax treaty withholding exemption on Form 8233 (discussed later under Income Entitled to Tax Treaty Benefits). Filing past year tax returns These are services you are required to perform as an employee and as a condition of receiving the scholarship or fellowship (or tuition reduction). Filing past year tax returns Nonresident aliens should fill out Form W-4 using the following instructions instead of the instructions on the Form W-4. Filing past year tax returns This is because of the restrictions on a nonresident alien's filing status, the limited number of personal exemptions a nonresident alien is allowed, and because a nonresident alien cannot claim the standard deduction. Filing past year tax returns Enter your social security number (SSN) on line 2. Filing past year tax returns Do not enter an individual taxpayer identification number (ITIN). Filing past year tax returns Check only “Single” marital status on line 3 (regardless of your actual marital status). Filing past year tax returns Claim only one allowance on line 5, unless you are a resident of Canada, Mexico, or South Korea, or a U. Filing past year tax returns S. Filing past year tax returns national. Filing past year tax returns Write “Nonresident Alien” or “NRA” on the dotted line on line 6. Filing past year tax returns You can request additional withholding on line 6 at your option. Filing past year tax returns Do not claim “Exempt” withholding status on line 7. Filing past year tax returns A U. Filing past year tax returns S. Filing past year tax returns national is an individual who, although not a U. Filing past year tax returns S. Filing past year tax returns citizen, owes his or her allegiance to the United States. Filing past year tax returns U. Filing past year tax returns S. Filing past year tax returns nationals include American Samoans, and Northern Mariana Islanders who chose to become U. Filing past year tax returns S. Filing past year tax returns nationals instead of U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns See Withholding on Scholarships and Fellowship Grants later, for how to fill out Form W-4 if you receive a U. Filing past year tax returns S. Filing past year tax returns source scholarship or fellowship grant that is not a payment for services. Filing past year tax returns Students and business apprentices from India. Filing past year tax returns   If you are eligible for the benefits of Article 21(2) of the United States-India Income Tax Treaty, you may claim an additional withholding allowance for the standard deduction. Filing past year tax returns You can claim an additional withholding allowance for your spouse only if your spouse will have no gross income for 2013 and cannot be claimed as a dependent on another U. Filing past year tax returns S. Filing past year tax returns taxpayer's 2013 return. Filing past year tax returns You may also claim an additional withholding allowance for each of your dependents not admitted to the United States on “F-2,” “J-2,” or “M-2” visas if they meet the same rules that apply to U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns Household employees. Filing past year tax returns   If you work as a household employee, your employer does not have to withhold income tax. Filing past year tax returns However, you may agree to voluntary income tax withholding by filing a Form W-4 with your employer. Filing past year tax returns The agreement goes into effect when your employer accepts the agreement by beginning the withholding. Filing past year tax returns You or your employer may end the agreement by letting the other know in writing. Filing past year tax returns Agricultural workers. Filing past year tax returns   If you are an agricultural worker on an H-2A visa, your employer does not have to withhold income tax. Filing past year tax returns However, your employer will withhold income tax only if you and your employer agree to withhold. Filing past year tax returns In that case, you must provide your employer with a properly completed Form W-4. Filing past year tax returns You can find more information about not having tax withheld at www. Filing past year tax returns irs. Filing past year tax returns gov/Individuals/International-Taxpayers/Foreign-Agricultural-Workers. Filing past year tax returns Wages Exempt From Withholding Wages that are exempt from U. Filing past year tax returns S. Filing past year tax returns income tax under an income tax treaty are generally exempt from withholding. Filing past year tax returns For information on how to claim this exemption from withholding, see Income Entitled to Tax Treaty Benefits , later. Filing past year tax returns Wages paid to aliens who are residents of American Samoa, Canada, Mexico, Puerto Rico, or the U. Filing past year tax returns S. Filing past year tax returns Virgin Islands may be exempt from withholding. Filing past year tax returns The following paragraphs explain these exemptions. Filing past year tax returns Residents of Canada or Mexico engaged in transportation-related employment. Filing past year tax returns   Certain residents of Canada or Mexico who enter or leave the United States at frequent intervals are not subject to withholding on their wages. Filing past year tax returns These persons either: Perform duties in transportation service between the United States and Canada or Mexico, or Perform duties connected to the construction, maintenance, or operation of a waterway, viaduct, dam, or bridge crossed by, or crossing, the boundary between the United States and Canada or the boundary between the United States and Mexico. Filing past year tax returns    This employment is subject to withholding of social security and Medicare taxes unless the services are performed for a railroad. Filing past year tax returns   To qualify for the exemption from withholding during a tax year, a Canadian or Mexican resident must give the employer a statement in duplicate with name, address, and identification number, certifying that the resident: Is not a U. Filing past year tax returns S. Filing past year tax returns citizen or resident, Is a resident of Canada or Mexico, whichever applies, and Expects to perform duties previously described during the tax year in question. Filing past year tax returns   The statement can be in any form, but it must be dated and signed by the employee and must include a written declaration that it is made under the penalties of perjury. Filing past year tax returns Residents of American Samoa and Puerto Rico. Filing past year tax returns   If you are a nonresident alien employee who is a resident of American Samoa or Puerto Rico, wages for services performed in American Samoa or Puerto Rico are generally not subject to withholding unless you are an employee of the United States or any of its agencies in American Samoa or Puerto Rico. Filing past year tax returns Residents of the U. Filing past year tax returns S. Filing past year tax returns Virgin Islands. Filing past year tax returns   Nonresident aliens who are bona fide residents of the U. Filing past year tax returns S Virgin Islands are not subject to withholding of U. Filing past year tax returns S. Filing past year tax returns tax on income earned while temporarily employed in the United States. Filing past year tax returns This is because those persons pay their income tax to the U. Filing past year tax returns S. Filing past year tax returns Virgin Islands. Filing past year tax returns To avoid having tax withheld on income earned in the United States, bona fide residents of the U. Filing past year tax returns S. Filing past year tax returns Virgin Islands should write a letter, in duplicate, to their employers, stating that they are bona fide residents of the U. Filing past year tax returns S. Filing past year tax returns Virgin Islands and expect to pay tax on all income to the U. Filing past year tax returns S. Filing past year tax returns Virgin Islands. Filing past year tax returns Withholding on Pensions If you receive a pension as a result of personal services performed in the United States, the pension income is subject to the 30% (or lower treaty) rate of withholding. Filing past year tax returns You may, however, have tax withheld at graduated rates on the portion of the pension that arises from the performance of services in the United States after December 31, 1986. Filing past year tax returns You must fill out Form W-8BEN and give it to the withholding agent or payer before the income is paid or credited to you. Filing past year tax returns Withholding on Tip Income Tips you receive during the year for services performed in the United States are subject to U. Filing past year tax returns S. Filing past year tax returns income tax. Filing past year tax returns Include them in taxable income. Filing past year tax returns In addition, tips received while working for one employer, amounting to $20 or more in a month, are subject to graduated withholding. Filing past year tax returns Independent Contractors If there is no employee-employer relationship between you and the person for whom you perform services, your compensation is subject to the 30% (or lower treaty) rate of withholding. Filing past year tax returns However, if you are engaged in a trade or business in the United States during the tax year, your compensation for personal services as an independent contractor (independent personal services) may be entirely or partly exempt from withholding if you reach an agreement with the Internal Revenue Service on the amount of withholding required. Filing past year tax returns An agreement that you reach with the IRS regarding withholding from your compensation for independent personal services is effective for payments covered by the agreement after it is agreed to by all parties. Filing past year tax returns You must agree to timely file an income tax return for the current tax year. Filing past year tax returns Central withholding agreements. Filing past year tax returns   If you are a nonresident alien entertainer or athlete performing or participating in athletic events in the United States, you may be able to enter into a withholding agreement with the IRS for reduced withholding provided certain requirements are met. Filing past year tax returns Under no circumstances will such a withholding agreement reduce taxes withheld to less than the anticipated amount of income tax liability. Filing past year tax returns   File Form 13930 and the required attachments with the IRS to request a central withholding agreement. Filing past year tax returns Either you or your authorized representative can file the form. Filing past year tax returns It should be sent to the IRS at least 45 days before the tour begins or the event occurs. Filing past year tax returns Exceptions will be considered on a case by case basis. Filing past year tax returns   For more information on the CWA program, go to www. Filing past year tax returns irs. Filing past year tax returns gov/Individuals/International-Taxpayers/Central-Withholding-Agreements. Filing past year tax returns Final payment exemption. Filing past year tax returns   Your final payment of compensation during the tax year for independent personal services may be entirely or partly exempt from withholding. Filing past year tax returns This exemption is available only once during your tax year and applies to a maximum of $5,000 of compensation. Filing past year tax returns To obtain this exemption, you or your agent must give the following statements and information to the Commissioner or his delegate. Filing past year tax returns A statement by each withholding agent from whom you have received gross income effectively connected with a trade or business in the United States during the tax year, showing the amount of income paid and the tax withheld. Filing past year tax returns Each statement must be signed by the withholding agent and verified by a declaration that it is made under penalties of perjury. Filing past year tax returns A statement by the withholding agent from whom you expect to receive the final payment of compensation, showing the amount of the payment and the amount of tax that would be withheld if a final payment exemption were not granted. Filing past year tax returns This statement must also be signed by the withholding agent and verified by a declaration that it is made under penalties of perjury. Filing past year tax returns A statement by you that you do not intend to receive any other income effectively connected with a trade or business in the United States during the current tax year. Filing past year tax returns The amount of tax that has been withheld or paid under any other provision of the Internal Revenue Code or regulations for any income effectively connected with your trade or business in the United States during the current tax year. Filing past year tax returns The amount of your outstanding tax liabilities, if any, including interest and penalties, from the current tax year or prior tax periods. Filing past year tax returns Any provision of an income tax treaty under which a partial or complete exemption from withholding may be claimed, the country of your residence, and a statement of sufficient facts to justify an exemption under the treaty. Filing past year tax returns A statement signed by you, and verified by a declaration that it is made under penalties of perjury, that all the information given is true and that to your knowledge no relevant information has been omitted. Filing past year tax returns   If satisfied with the information, the IRS will determine the amount of your tentative income tax for the tax year on gross income effectively connected with your trade or business in the United States. Filing past year tax returns Ordinary and necessary business expenses can be taken into account if proven to the satisfaction of the Commissioner or his delegate. Filing past year tax returns   The Commissioner or his delegate will send you a letter, directed to the withholding agent, showing the amount of the final payment of compensation that is exempt from withholding and the amount that can be paid to you because of the exemption. Filing past year tax returns You must give two copies of the letter to the withholding agent and must also attach a copy of the letter to your income tax return for the tax year for which the exemption is effective. Filing past year tax returns Allowance for Personal Exemption Withholding on payments for independent personal services is generally based on the amount of your compensation payment minus the value of one exemption ($3,950 for 2014). Filing past year tax returns To determine the income for independent personal services performed in the United States to which the 30% (or lower treaty) rate will apply, you are allowed one personal exemption if you are not a U. Filing past year tax returns S. Filing past year tax returns national and are not a resident of Canada, Mexico, or South Korea. Filing past year tax returns For purposes of 30% withholding, the exemption is prorated at $10. Filing past year tax returns 82 a day in 2014 for the period that labor or personal services are performed in the United States. Filing past year tax returns To claim an exemption from withholding on the personal exemption amount, fill out the applicable parts of Form 8233 and give it to the withholding agent. Filing past year tax returns Example. Filing past year tax returns Eric Johannsen, who is a resident of Country X worked under a contract with a U. Filing past year tax returns S. Filing past year tax returns firm (not as an employee) in the United States for 100 days during 2014 before returning to his country. Filing past year tax returns He earned $6,000 for the services performed (not considered wages) in the United States. Filing past year tax returns Eric is married and has three dependent children. Filing past year tax returns His wife is not employed and has no income subject to U. Filing past year tax returns S. Filing past year tax returns tax. Filing past year tax returns The amount of the personal exemption to be allowed against the income for his personal services performed within the United States in 2014 is $1,082 (100 days × $10. Filing past year tax returns 82), and withholding at 30% is applied against the balance. Filing past year tax returns Thus, $1,475. Filing past year tax returns 40 in tax is withheld from Eric's earnings (30% of $4,918 ($6,000 − $1,082). Filing past year tax returns U. Filing past year tax returns S. Filing past year tax returns nationals or residents of Canada, Mexico, or South Korea. Filing past year tax returns   If you are a nonresident alien who is a resident of Canada, Mexico, or South Korea, or who is a national of the United States, you are subject to the same 30% withholding on your compensation for independent personal services performed in the United States. Filing past year tax returns However, if you are a U. Filing past year tax returns S. Filing past year tax returns national or a resident of Canada or Mexico, you are allowed the same personal exemptions as U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns For the 30% (or lower treaty) rate withholding, you can take $10. Filing past year tax returns 82 per day for each allowable exemption in 2014. Filing past year tax returns If you are a resident of South Korea, you are allowed personal exemptions for yourself and for your spouse and children who live with you in the United States at any time during the tax year. Filing past year tax returns However, the additional exemptions for your spouse and children must be further prorated as explained in chapter 5 under Exemptions . Filing past year tax returns Students and business apprentices from India. Filing past year tax returns   If you are eligible for the benefits of Article 21(2) of the United States-India Income Tax Treaty, you are allowed an exemption for your spouse only if your spouse will have no gross income for 2014 and cannot be claimed as a dependent on another U. Filing past year tax returns S. Filing past year tax returns taxpayer's 2014 return. Filing past year tax returns You are also allowed an exemption for each dependent not admitted to the United States on “F-2,” “J-2,” or “M-2” visas if they meet the same rules that apply to U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns For the 30% (or lower treaty rate) withholding on compensation for independent personal services performed in the United States, you are allowed $10. Filing past year tax returns 82 per day for each allowable exemption in 2014. Filing past year tax returns Refund of Taxes Withheld in Error Multi-level marketing. Filing past year tax returns   If you are a distributor for a multi-level marketing company who had taxes withheld in error, file a U. Filing past year tax returns S. Filing past year tax returns income tax return (Form 1040NR, Form 1040NR-EZ, or Form 1120-F) or, if a tax return has already been filed, a claim for refund (Form 1040X or amended Form 1120-F) to recover the amount withheld in error. Filing past year tax returns You must also attach to the U. Filing past year tax returns S. Filing past year tax returns income tax return or claim for refund supporting information that includes, but is not limited to, the following items. Filing past year tax returns A copy of your Form W-2, Form 1042-S, or Form 1099 to prove the amount of taxes withheld. Filing past year tax returns A statement explaining why income reported on your Form W-2, Form 1042-S, or Form 1099 is not subject to U. Filing past year tax returns S. Filing past year tax returns taxation. Filing past year tax returns A statement listing all the dates you entered and left the United States during the taxable year. Filing past year tax returns If the compensation is multi-year compensation, the statement must list all the dates you entered and left the United States during each of the taxable years to which the compensation is attributable. Filing past year tax returns A copy of any documents or records that show the number of days you actually were present in the United States during the years listed. Filing past year tax returns A statement providing: (a) the number of days (or unit of time less than a day, if appropriate) that personal services were performed in the United States in connection with recruiting, training, and supporting your lower-tier distributors; and (b) the total number of days (or unit of time less than a day, if appropriate) that personal services were performed globally in connection with recruiting, training, and supporting your lower-tier distributors. Filing past year tax returns Any further relevant document or record supporting your claim that the taxes were withheld in error. Filing past year tax returns Withholding From Other Income Other income subject to 30% withholding generally includes fixed or determinable income such as interest (other than portfolio interest), dividends, pensions and annuities, and gains from certain sales and exchanges, discussed in chapter 4. Filing past year tax returns It also includes 85% of social security benefits paid to nonresident aliens. Filing past year tax returns Refund of taxes withheld in error on social security benefits paid to resident aliens. Filing past year tax returns   Social security benefits paid to a lawful permanent resident (green card holder) are not subject to 30% withholding. Filing past year tax returns For U. Filing past year tax returns S. Filing past year tax returns income tax purposes, green card holders continue to be resident aliens until their lawful permanent resident status under immigration laws is either taken away or is administratively or judicially determined to have been abandoned. Filing past year tax returns See Green Card Test in chapter 1. Filing past year tax returns If you are a green card holder and tax was withheld in error on your social security benefits because you have a foreign address, the withholding tax is refundable by the Social Security Administration (SSA) or the IRS. Filing past year tax returns SSA will refund taxes erroneously withheld if the refund can be processed during the same calendar year in which the tax was withheld. Filing past year tax returns If SSA cannot refund the taxes withheld, you must file a Form 1040 or 1040A with the Department of the Treasury, Internal Revenue Service Center, Austin, TX 73301 to determine if you are entitled to a refund. Filing past year tax returns You must also attach the following to your Form 1040 or 1040A. Filing past year tax returns A copy of Form SSA-1042S, Social Security Benefit Statement. Filing past year tax returns A copy of the “green card. Filing past year tax returns ” A signed declaration that includes the following statements: The SSA should not have withheld income tax from my social security benefits because I am a U. Filing past year tax returns S. Filing past year tax returns lawful permanent resident and my green card has been neither revoked nor administratively or judicially determined to have been abandoned. Filing past year tax returns I am filing a U. Filing past year tax returns S. Filing past year tax returns income tax return for the tax year as a resident alien reporting all of my worldwide income. Filing past year tax returns I have not claimed benefits for the tax year under an income tax treaty as the resident of a country other than the United States. Filing past year tax returns Other income not subject to withholding of 30% (or lower treaty) rate. Filing past year tax returns   The following income is not subject to withholding at the 30% (or lower treaty) rate if you file Form W-8ECI with the payer of the income. Filing past year tax returns Income (other than compensation) that is effectively connected with your U. Filing past year tax returns S. Filing past year tax returns trade or business. Filing past year tax returns Income from real property that you choose to treat as effectively connected with a U. Filing past year tax returns S. Filing past year tax returns trade or business. Filing past year tax returns See Income From Real Property in chapter 4 for details about this choice. Filing past year tax returns   Special rules for withholding on partnership income, scholarships, and fellowships are explained next. Filing past year tax returns Tax Withheld on Partnership Income If you are a foreign partner in a U. Filing past year tax returns S. Filing past year tax returns or foreign partnership, the partnership will withhold tax on your share of effectively connected taxable income (ECTI) from the partnership. Filing past year tax returns You may be able to reduce your ECTI subject to withholding by certain partner-level deductions. Filing past year tax returns Generally, you must use Form 8804-C for this purpose. Filing past year tax returns See the Instructions for Form 8804-C for more information. Filing past year tax returns The withholding rate on your share of effectively connected income is generally the highest rate of tax specified under section 1 of the Code (39. Filing past year tax returns 6% for 2014). Filing past year tax returns However, the partnership may withhold at the highest rate that applies to a particular type of income allocable to you if you gave the partnership the appropriate documentation. Filing past year tax returns Long-term capital gain is an example of a particular type of income to which the highest tax rate applies. Filing past year tax returns Claim the tax withheld as a credit on your 2014 Form 1040NR. Filing past year tax returns The partnership will give you a statement on Form 8805, Foreign Partner's Information Statement of Section 1446 Withholding Tax, showing the tax withheld. Filing past year tax returns A partnership that is publicly traded will withhold tax on your actual distributions of effectively connected income. Filing past year tax returns In this case the partnership will give you a statement on Form 1042-S, Foreign Person's U. Filing past year tax returns S. Filing past year tax returns Source Income Subject to Withholding. Filing past year tax returns Withholding on Scholarships and Fellowship Grants There is no withholding on a qualified scholarship received by a candidate for a degree. Filing past year tax returns See chapter 3. Filing past year tax returns If you are a nonresident alien student or grantee with an “F,” “J,” “M,” or “Q” visa and you receive a U. Filing past year tax returns S. Filing past year tax returns source grant or scholarship that is not fully exempt, the withholding agent (usually the payer of the scholarship) withholds tax at 14% (or lower treaty rate) of the taxable part of the grant or scholarship that is not a payment for services. Filing past year tax returns However, if you are not a candidate for a degree and the grant does not meet certain requirements, tax will be withheld at the 30% (or lower treaty) rate. Filing past year tax returns Any part of a scholarship or fellowship grant that is a payment for services is subject to graduated withholding as discussed earlier under Withholding on Wages. Filing past year tax returns Alternate Withholding Procedure Your withholding agent may choose to use an alternate procedure by asking you to fill out Form W-4 and the Personal Allowances Worksheet (attached to Form W-4). Filing past year tax returns Use the following instructions instead of the Form W-4 instructions to complete the worksheet. Filing past year tax returns Line A. Filing past year tax returns   Enter the total of the following amounts on line A. Filing past year tax returns Personal exemption. Filing past year tax returns   Include the prorated part of your allowable personal exemption. Filing past year tax returns Figure the amount by multiplying the number of days you expect to be in the United States in 2014 by the daily exemption amount ($10. Filing past year tax returns 82). Filing past year tax returns Expenses. Filing past year tax returns   Include expenses that will be deductible on your return. Filing past year tax returns These include away-from-home expenses (meals, lodging, and transportation), certain state and local income taxes, charitable contributions, and casualty losses, discussed earlier under Itemized Deductions in chapter 5. Filing past year tax returns They also include business expenses, moving expenses, and the IRA deduction discussed under Deductions in chapter 5. Filing past year tax returns Nontaxable grant or scholarship. Filing past year tax returns   Include the part of your grant or scholarship that is not taxable under U. Filing past year tax returns S. Filing past year tax returns law or under a tax treaty. Filing past year tax returns Line B. Filing past year tax returns   Enter -0- unless the following paragraph applies to you. Filing past year tax returns   If you are a student who qualifies under Article 21(2) of the United States-India Income Tax Treaty, and you are not claiming deductions for away-from-home expenses or other itemized deductions (discussed earlier), enter the standard deduction on line B. Filing past year tax returns The standard deduction amount for 2013 is $6,100. Filing past year tax returns Lines C and D. Filing past year tax returns   Enter -0- on both lines unless the following paragraphs apply to you. Filing past year tax returns   If you are a resident of Canada, Mexico, South Korea, or a U. Filing past year tax returns S. Filing past year tax returns national, an additional daily exemption amount may be allowed for your spouse and each of your dependents. Filing past year tax returns   If you are a resident of India who is eligible for the benefits of Article 21(2) of the United States-India Income Tax Treaty, you can claim an additional daily exemption amount for your spouse only if your spouse will have no gross income for 2014 and cannot be claimed as a dependent on another U. Filing past year tax returns S. Filing past year tax returns taxpayer's 2014 return. Filing past year tax returns You can also claim an additional amount for each of your dependents not admitted to the United States on “F-2,” “J-2,” or “M-2” visas if they meet the same rules that apply to U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns   Enter any additional amount for your spouse on line C. Filing past year tax returns Enter any additional amount for your dependents on line D. Filing past year tax returns Lines E, F, and G. Filing past year tax returns   No entries should be made on lines E, F, and G. Filing past year tax returns Line H. Filing past year tax returns   Add the amounts on lines A through D and enter the total on line H. Filing past year tax returns Form W-4. Filing past year tax returns   Complete lines 1 through 4 of Form W-4. Filing past year tax returns Sign and date the form and give it with the Personal Allowances Worksheet to your withholding agent. Filing past year tax returns   If you file a Form W-4 to reduce or eliminate the withholding on your scholarship or grant, you must file an annual U. Filing past year tax returns S. Filing past year tax returns income tax return to be allowed the exemptions and deductions you claimed on that form. Filing past year tax returns If you are in the United States during more than one tax year, you must attach a statement to your yearly Form W-4 indicating that you have filed a U. Filing past year tax returns S. Filing past year tax returns income tax return for the previous year. Filing past year tax returns If you have not been in the United States long enough to be required to file a return, you must attach a statement to your Form W-4 saying you will file a U. Filing past year tax returns S. Filing past year tax returns income tax return when required. Filing past year tax returns After the withholding agent has accepted your Form W-4, tax will be withheld on your scholarship or grant at the graduated rates that apply to wages. Filing past year tax returns The gross amount of the income is reduced by the amount on line H of the worksheet and the withholding tax is figured on the remainder. Filing past year tax returns You will receive a Form 1042-S from the withholding agent (usually the payer of your grant) showing the gross amount of your taxable scholarship or fellowship grant less the withholding allowance amount, the tax rate, and the amount of tax withheld. Filing past year tax returns Use this form to prepare your annual U. Filing past year tax returns S. Filing past year tax returns income tax return. Filing past year tax returns Income Entitled to Tax Treaty Benefits If a tax treaty between the United States and your country provides an exemption from, or a reduced rate of, tax for certain items of income, you should notify the payor of the income (the withholding agent) of your foreign status to claim a tax treaty withholding exemption. Filing past year tax returns Generally, you do this by filing either Form W-8BEN or Form 8233 with the withholding agent. Filing past year tax returns File Form W-8BEN for income that is not personal services income. Filing past year tax returns File Form 8233 for personal services income as discussed next. Filing past year tax returns Employees and independent contractors. Filing past year tax returns   If you perform personal services as an employee or as an independent contractor and you can claim an exemption from withholding on that personal service income because of a tax treaty, give Form 8233 to each withholding agent from whom amounts will be received. Filing past year tax returns   Even if you submit Form 8233, the withholding agent may have to withhold tax from your income. Filing past year tax returns This is because the factors on which the treaty exemption is based may not be determinable until after the close of the tax year. Filing past year tax returns In this case, you must file Form 1040NR (or Form 1040NR-EZ if you qualify) to recover any overwithheld tax and to provide the IRS with proof that you are entitled to the treaty exemption. Filing past year tax returns Students, teachers, and researchers. Filing past year tax returns   Students, teachers, and researchers must attach the appropriate statement shown in Appendix A (for students) or Appendix B (for teachers and researchers) at the end of this publication to the Form 8233 and give it to the withholding agent. Filing past year tax returns For treaties not listed in the appendices, attach a statement in a format similar to those for other treaties. Filing past year tax returns   If you received a scholarship or fellowship and personal services income from the same withholding agent, use Form 8233 to claim an exemption from withholding based on a tax treaty for both types of income. Filing past year tax returns Special events and promotions. Filing past year tax returns   Withholding at the full 30% rate is required for payments made to a nonresident alien or foreign corporation for gate receipts (or television or other receipts) from rock music festivals, boxing promotions, and other entertainment or sporting events, unless the withholding agent has been specifically advised otherwise by letter from the IRS. Filing past year tax returns Form 13930 is used to request a reduction in withholding. Filing past year tax returns Withholding may be required even if the income may be exempt from taxation by provisions of a tax treaty. Filing past year tax returns One reason for this is that the partial or complete exemption is usually based on factors that cannot be determined until after the close of the tax year. Filing past year tax returns You will be required to pay U. Filing past year tax returns S. Filing past year tax returns tax, at the time of your departure from the United States, on any income for which you incorrectly claimed a treaty exemption. Filing past year tax returns For more details on treaty provisions that apply to compensation, see Publication 901. Filing past year tax returns Tax Withheld on Real Property Sales If you are a nonresident alien and you dispose of a U. Filing past year tax returns S. Filing past year tax returns real property interest, the transferee (buyer) of the property generally must withhold a tax equal to 10% of the amount realized on the disposition. Filing past year tax returns A distribution by a qualified investment entity to a nonresident alien shareholder that is treated as gain from the sale or exchange of a U. Filing past year tax returns S. Filing past year tax returns real property interest by the shareholder is subject to withholding at 35%. Filing past year tax returns Withholding is also required on certain distributions and other transactions by domestic or foreign corporations, partnerships, trusts, and estates. Filing past year tax returns These rules are covered in Publication 515. Filing past year tax returns For information on the tax treatment of dispositions of U. Filing past year tax returns S. Filing past year tax returns real property interests, see Real Property Gain or Loss in chapter 4. Filing past year tax returns If you are a partner in a domestic partnership, and the partnership disposes of a U. Filing past year tax returns S. Filing past year tax returns real property interest at a gain, the partnership will withhold tax on the amount of gain allocable to its foreign partners. Filing past year tax returns Your share of the income and tax withheld will be reported to you on Form 8805, Foreign Partner's Information Statement of Section 1446 Withholding Tax, or Form 1042-S, Foreign Person's U. Filing past year tax returns S. Filing past year tax returns Source Income Subject to Withholding (in the case of a publicly traded partnership). Filing past year tax returns Withholding is not required in the following situations. Filing past year tax returns The property is acquired by the buyer for use as a residence and the amount realized (sales price) is not more than $300,000. Filing past year tax returns The property disposed of is an interest in a domestic corporation if any class of stock of the corporation is regularly traded on an established securities market. Filing past year tax returns However, this exception does not apply to certain dispositions of substantial amounts of non-publicly traded interests in publicly traded corporations. Filing past year tax returns The property disposed of is an interest in a U. Filing past year tax returns S. Filing past year tax returns corporation that is not regularly traded on an established market and you (the seller) give the buyer a copy of a statement issued by the corporation certifying that the interest is not a U. Filing past year tax returns S. Filing past year tax returns real property interest. Filing past year tax returns You (the seller) give the buyer a certification stating, under penalties of perjury, that you are not a foreign person, and containing your name, U. Filing past year tax returns S. Filing past year tax returns taxpayer identification number, and home address. Filing past year tax returns You can give the certification to a qualified substitute. Filing past year tax returns The qualified substitute gives the buyer a statement, under penalties of perjury, that the certification is in the possession of the qualified substitute. Filing past year tax returns For this purpose, a qualified substitute is (a) the person (including any attorney or title company) responsible for closing the transaction, other than your agent, and (b) the buyer's agent. Filing past year tax returns The buyer receives a withholding certificate from the Internal Revenue Service. Filing past year tax returns You give the buyer written notice that you are not required to recognize any gain or loss on the transfer because of a nonrecognition provision in the Internal Revenue Code or a provision in a U. Filing past year tax returns S. Filing past year tax returns tax treaty. Filing past year tax returns The buyer must file a copy of the notice with the Ogden Service Center, P. Filing past year tax returns O. Filing past year tax returns Box 409101, Ogden, UT 84409. Filing past year tax returns You must verify the notice as true and sign it under penalties of perjury. Filing past year tax returns The notice must contain the following information. Filing past year tax returns A statement that the notice is a notice of nonrecognition under regulation section 1. Filing past year tax returns 1445-2(d)(2). Filing past year tax returns Your name, taxpayer identification number, and home address. Filing past year tax returns A statement that you are not required to recognize any gain or loss on the transfer. Filing past year tax returns A brief description of the transfer. Filing past year tax returns A brief summary of the law and facts supporting your claim that recognition of gain or loss is not required. Filing past year tax returns You may not give the buyer a written notice for any of the following transfers: the sale of your main home on which you exclude gain, a like-kind exchange that does not qualify for nonrecognition treatment in its entirety, or a deferred like-kind exchange that has not been completed at the time the buyer must file Form 8288. Filing past year tax returns Instead, a withholding certificate (described next) must be obtained. Filing past year tax returns The amount you realize on the transfer of a U. Filing past year tax returns S. Filing past year tax returns real property interest is zero. Filing past year tax returns The property is acquired by the United States, a U. Filing past year tax returns S. Filing past year tax returns state or possession, a political subdivision, or the District of Columbia. Filing past year tax returns The distribution is from a domestically controlled qualified investment entity (QIE) and is treated as a distribution of a U. Filing past year tax returns S. Filing past year tax returns real property interest only because an interest in the entity was disposed of in an applicable wash sale transaction. Filing past year tax returns For the definition of a QIE, see Qualified investment entities under Real Property Gain or Loss, earlier. Filing past year tax returns See Wash sale under Real Property Gain or Loss in chapter 4. Filing past year tax returns The certifications in (3) and (4) must be disregarded by the buyer if the buyer or qualified substitute has actual knowledge, or receives notice from a seller's or buyer's agent (or substitute), that they are false. Filing past year tax returns This also applies to the qualified substitute's statement under (4). Filing past year tax returns Withholding certificates. Filing past year tax returns   The tax required to be withheld on a disposition can be reduced or eliminated under a withholding certificate issued by the IRS. Filing past year tax returns Either you or the buyer can request a withholding certificate. Filing past year tax returns   A withholding certificate can be issued due to any of the following. Filing past year tax returns The IRS determines that reduced withholding is appropriate because either: The amount required to be withheld would be more than your maximum tax liability, or Withholding of the reduced amount would not jeopardize collection of the tax. Filing past year tax returns All of your realized gain is exempt from U. Filing past year tax returns S. Filing past year tax returns tax. Filing past year tax returns You or the buyer enters into an agreement for the payment of tax providing security for the tax liability. Filing past year tax returns   Get Publication 515 and Form 8288-B for information on procedures to request a withholding certificate. Filing past year tax returns Credit for tax withheld. Filing past year tax returns   The buyer must report and pay over the withheld tax within 20 days after the transfer using Form 8288, U. Filing past year tax returns S. Filing past year tax returns Withholding Tax Return for Dispositions by Foreign Persons of U. Filing past year tax returns S. Filing past year tax returns Real Property Interests. Filing past year tax returns This form is filed with the IRS with copies A and B of Form 8288-A, Statement of Withholding on Dispositions by Foreign Persons of U. Filing past year tax returns S. Filing past year tax returns Real Property Interests. Filing past year tax returns Copy B of this statement will be stamped received by the IRS and returned to you (the seller) if the statement is complete and includes your taxpayer identification number (TIN). Filing past year tax returns You must file Copy B with your tax return to take credit for the tax withheld. Filing past year tax returns   A stamped copy of Form 8288-A will not be provided to you if your TIN is not included on that form. Filing past year tax returns The IRS will send you a letter requesting the TIN and providing instructions for how to get a TIN. Filing past year tax returns When you provide the IRS with a TIN, the IRS will provide you with a stamped Copy B of Form 8288-A. Filing past year tax returns Social Security and Medicare Taxes If you work as an employee in the United States, you must pay social security and Medicare taxes in most cases. Filing past year tax returns Your payments of these taxes contribute to your coverage under the U. Filing past year tax returns S. Filing past year tax returns social security system. Filing past year tax returns Social security coverage provides retirement benefits, survivors and disability benefits, and medical insurance (Medicare) benefits to individuals who meet certain eligibility requirements. Filing past year tax returns In most cases, the first $113,700 of taxable wages received in 2013 for services performed in the United States is subject to social security tax. Filing past year tax returns All taxable wages are subject to Medicare tax. Filing past year tax returns Your employer deducts these taxes from each wage payment. Filing past year tax returns Your employer must deduct these taxes even if you do not expect to qualify for social security or Medicare benefits. Filing past year tax returns You can claim a credit for excess social security tax on your income tax return if you have more than one employer and the amount deducted from your combined wages for 2013 is more than $7,049. Filing past year tax returns 40. Filing past year tax returns Use the appropriate worksheet in chapter 3 of Publication 505, Tax Withholding and Estimated Tax, to figure your credit. Filing past year tax returns If any one employer deducted more than $7,049. Filing past year tax returns 40, you cannot claim a credit for that amount. Filing past year tax returns Ask your employer to refund the excess. Filing past year tax returns If your employer does not refund the excess, you can file a claim for refund using Form 843. Filing past year tax returns In general, U. Filing past year tax returns S. Filing past year tax returns social security and Medicare taxes apply to payments of wages for services performed as an employee in the United States, regardless of the citizenship or residence of either the employee or the employer. Filing past year tax returns In limited situations, these taxes apply to wages for services performed outside the United States. Filing past year tax returns Your employer should be able to tell you if social security and Medicare taxes apply to your wages. Filing past year tax returns You cannot make voluntary payments if no taxes are due. Filing past year tax returns Additional Medicare Tax. Filing past year tax returns   Beginning in 2013, in addition to the Medicare tax, a 0. Filing past year tax returns 9% Additional Medicare Tax applies to Medicare wages, Railroad Retirement Tax Act (RRTA) compensation, and self-employment income that are more than: $250,000 if married filing jointly, $125,000 if married filing separately, or $200,000 for any other filing status. Filing past year tax returns   There are no special rules for nonresident aliens for purposes of Additional Medicare Tax. Filing past year tax returns Wages, RRTA compensation, and self-employment income that are subject to Medicare tax will also be subject to Additional Medicare Tax if in excess of the applicable threshold. Filing past year tax returns   Your employer is responsible for withholding the 0. Filing past year tax returns 9% Additional Medicare Tax on Medicare wages or RRTA compensation it pays to you in excess of $200,000 in the calendar year. Filing past year tax returns If you intend to file a joint return and you anticipate that you and your spouse's individual wages are not going to be more than $200,000 but your combined wages and self-employment income are going to be more than $250,000, you may want to request additional withholding on Form W-4 and/or make estimated tax payments. Filing past year tax returns   If you file Form 1040NR, you must pay Additional Medicare Tax if the total of your wages and your self-employment income was more than $125,000 if married (Box 3, 4, or 5 on page 1 of Form 1040NR), or $200,000 if single or qualifying widow(er) (Box 1, 2, or 6 on page 1 of Form 1040NR). Filing past year tax returns    See Form 8959, Additional Medicare Tax, and the Instructions for Form 8959 to determine whether you are required to pay Additional Medicare Tax. Filing past year tax returns For more information on Additional Medicare Tax, go to IRS. Filing past year tax returns gov and enter “Additional Medicare Tax” in the search box. Filing past year tax returns   Self-employed individuals may also be required to pay Additional Medicare Tax. Filing past year tax returns See Self-Employment Tax , later. Filing past year tax returns Students and Exchange Visitors Generally, services performed by you as a nonresident alien temporarily in the United States as a nonimmigrant under subparagraph (F), (J), (M), or (Q) of section 101(a)(15) of the Immigration and Nationality Act are not covered under the social security program if the services are performed to carry out the purpose for which you were admitted to the United States. Filing past year tax returns This means that there will be no withholding of social security or Medicare taxes from the pay you receive for these services. Filing past year tax returns These types of services are very limited, and generally include only on-campus work, practical training, and economic hardship employment. Filing past year tax returns Social security and Medicare taxes will be withheld from your pay for these services if you are considered a resident alien as discussed in chapter 1, even though your nonimmigrant classification (“F,” “J,” “M,” or “Q”) remains the same. Filing past year tax returns Services performed by a spouse or minor child of nonimmigrant aliens with the classification of “F-2,” “J-2,” “M-2,” and “Q-3” are covered under social security. Filing past year tax returns Nonresident Alien Students If you are a nonresident alien temporarily admitted to the United States as a student, you generally are not permitted to work for a wage or salary or to engage in business while you are in the United States. Filing past year tax returns In some cases, a student admitted to the United States in “F-1,” “M-1,” or “J-1” status is granted permission to work. Filing past year tax returns Social security and Medicare taxes are not withheld from pay for the work unless the student is considered a resident alien. Filing past year tax returns Any student who is enrolled and regularly attending classes at a school may be exempt from social security and Medicare taxes on pay for services performed for that school. Filing past year tax returns The U. Filing past year tax returns S. Filing past year tax returns Citizenship and Immigration Services (USCIS) permits on-campus work for students in “F-1” status if it does not displace a U. Filing past year tax returns S. Filing past year tax returns resident. Filing past year tax returns On-campus work means work performed on the school's premises. Filing past year tax returns On-campus work includes work performed at an off-campus location that is educationally affiliated with the school. Filing past year tax returns On-campus work under the terms of a scholarship, fellowship, or assistantship is considered part of the academic program of a student taking a full course of study and is permitted by the USCIS. Filing past year tax returns Social security and Medicare taxes are not withheld from pay for this work unless the student is considered a resident alien. Filing past year tax returns If services performed by a nonresident alien student are not considered as performed to carry out the purpose for which the student was admitted to the United States, social security and Medicare taxes will be withheld from pay for the services unless the pay is exempt under the Internal Revenue Code. Filing past year tax returns Exchange Visitors Exchange visitors are temporarily admitted to the United States under section 101(a)(15)(J) of the Immigration and Nationality Act. Filing past year tax returns Social security and Medicare taxes are not withheld on pay for services of an exchange visitor who has been given permission to work and who possesses or obtains a letter of authorization from the sponsor unless the exchange visitor is considered a resident alien. Filing past year tax returns If services performed by an exchange visitor are not considered as performed to carry out the purpose for which the visitor was admitted to the United States, social security and Medicare taxes are withheld from pay for the services unless the pay is exempt under the Internal Revenue Code. Filing past year tax returns Nonresident aliens temporarily admitted to the United States as participants in international cultural exchange programs under section 101(a)(15)(Q) of the Immigration and Nationality Act may be exempt from social security and Medicare taxes. Filing past year tax returns The employer must be the petitioner through whom the alien obtained the “Q” visa. Filing past year tax returns Social security and Medicare taxes are not withheld from pay for this work unless the alien is considered a resident alien. Filing past year tax returns Refund of Taxes Withheld in Error If social security or Medicare taxes were withheld in error from pay that is not subject to these taxes, contact the employer who withheld the taxes for a refund. Filing past year tax returns If you are unable to get a full refund of the amount from your employer, file a claim for refund with the Internal Revenue Service on Form 843, Claim for Refund and Request for Abatement. Filing past year tax returns Attach the following items to Form 843. Filing past year tax returns A copy of your Form W-2 to prove the amount of social security and Medicare taxes withheld. Filing past year tax returns A copy of your visa. Filing past year tax returns Form I-94 (or other documentation showing your dates of arrival or departure). Filing past year tax returns If you have an F-1 visa, documentation showing permission to work in the U. Filing past year tax returns S. Filing past year tax returns If you have a J-1 visa, documentation showing permission to work in the U. Filing past year tax returns S. Filing past year tax returns If you are engaged in optional practical training or employment due to severe economic necessity, documentation showing permission to work in the U. Filing past year tax returns S. Filing past year tax returns A statement from your employer indicating the amount of the reimbursement your employer provided and the amount of the credit or refund your employer claimed or you authorized your employer to claim. Filing past year tax returns If you cannot obtain this statement from your employer, you must provide this information on your own statement and explain why you are not attaching a statement from your employer or on Form 8316 claiming your employer will not issue the refund. Filing past year tax returns If you were exempt from social security and Medicare tax for only part of the year, pay statements showing the tax paid during the period you were exempt. Filing past year tax returns File Form 843 (with attachments) with the Department of the Treasury, Internal Revenue Service Center, Ogden, UT 84201-0038. Filing past year tax returns Do not use Form 843 to request a refund of Additional Medicare Tax. Filing past year tax returns If Additional Medicare Tax was withheld from your pay in error, you can claim a credit for any withheld Additional Medicare Tax against the total tax liability shown on your tax return by filing Form 8959 with Form 1040 or 1040NR. Filing past year tax returns If Additional Medicare Tax was withheld in error in a prior year for which you already filed Form 1040 or 1040NR, you must file Form 1040X, Amended U. Filing past year tax returns S. Filing past year tax returns Individual Income Tax Return, for the prior year in which the wages or compensation were originally received to recover the Additional Medicare Tax withheld in error. Filing past year tax returns See the Instructions for Form 1040X. Filing past year tax returns Agricultural Workers Agricultural workers temporarily admitted into the United States on H-2A visas are exempt from social security and Medicare taxes on compensation paid to them for services performed in connection with the H-2A visa. Filing past year tax returns You can find more information about not having tax withheld at www. Filing past year tax returns irs. Filing past year tax returns gov/Individuals/International-Taxpayers/Foreign-Agricultural-Workers. Filing past year tax returns Self-Employment Tax Self-employment tax is the social security and Medicare taxes for individuals who are self-employed. Filing past year tax returns Nonresident aliens are not subject to self-employment tax unless an international social security agreement in effect determines that they are covered under the U. Filing past year tax returns S. Filing past year tax returns social security system. Filing past year tax returns Residents of the U. Filing past year tax returns S. Filing past year tax returns Virgin Islands, Puerto Rico, Guam, the Commonwealth of the Northern Mariana Islands, or American Samoa are considered U. Filing past year tax returns S. Filing past year tax returns residents for this purpose and are subject to the self-employment tax. Filing past year tax returns Resident aliens must pay self-employment tax under the same rules that apply to U. Filing past year tax returns S. Filing past year tax returns citizens. Filing past year tax returns However, a resident alien employed by an international organization, a foreign government, or a wholly-owned instrumentality of a foreign government is not subject to the self-employment tax on income earned in the United States. Filing past year tax returns Self-employment income you receive while you are a resident alien is subject to self-employment tax even if it was paid for services you performed as a nonresident alien. Filing past year tax returns Example. Filing past year tax returns Bill Jones is an author engaged in the business of writing books. Filing past year tax returns Bill had several books published in a foreign country while he was a citizen and resident of that country. Filing past year tax returns During 2013, Bill entered the United States as a resident alien. Filing past year tax returns After becoming a U. Filing past year tax returns S. Filing past year tax returns resident, he continued to receive royalties from his foreign publisher. Filing past year tax returns Bill reports his income and expenses on the cash basis (he reports income on his tax return when received and deducts expenses when paid). Filing past year tax returns Bill's 2013 self-employment income includes the royalties received after he became a U. Filing past year tax returns S. Filing past year tax returns resident even though the books were published while he was a nonresident alien. Filing past year tax returns This royalty income is subject to self-employment tax. Filing past year tax returns Reporting self-employment tax. Filing past year tax returns   Use Schedule SE (Form 1040) to report and figure your self-employment tax. Filing past year tax returns Then enter the tax on Form 1040, line 56, or Form 1040NR, line 54. Filing past year tax returns Attach Schedule SE to Form 1040 or Form 1040NR. Filing past year tax returns Additional Medicare Tax. Filing past year tax returns   Self-employed individuals must pay a 0. Filing past year tax returns 9% Additional Medicare Tax on self-employment income that exceeds one of the following threshold amounts (based on your filing status): Married filing jointly — $250,000; Married filing separately — $125,000; Single, Head of household, or Qualifying widow(er) — $200,000. Filing past year tax returns   If you have both wages and self-employment income, the threshold amount for applying the Additional Medicare Tax on the self-employment income is reduced (but not below zero) by the amount of wages subject to Additional Medicare Tax. Filing past year tax returns A self-employment loss should not be considered for purposes of this tax   If you file Form 1040NR, you must pay Additional Medicare Tax if the total of your wages and your self-employment income was more than $125,000 if married (Box 3, 4, or 5 on page 1 of Form 1040NR), or $200,000 if single or qualifying widow(er) (Box 1, 2, or 6 on page 1 of Form 1040NR). Filing past year tax returns   See Form 8959, Additional Medicare Tax, and the Instructions for Form 8959 to determine whether you are required to pay Additional Medicare Tax. Filing past year tax returns For more information on Additional Medicare Tax, go to IRS. Filing past year tax returns gov and enter “Additional Medicare Tax” in the search box. Filing past year tax returns Deduction for employer-equivalent portion of self-employment tax. Filing past year tax returns   If you must pay self-employment tax, you can deduct a portion of the self-employment tax paid in figuring your adjusted gross income. Filing past year tax returns This deduction is figured on Schedule SE (Form 1040). Filing past year tax returns Note. Filing past year tax returns No portion of the Additional Medicare Tax is deductible for self-employment tax. Filing past year tax returns More information. Filing past year tax returns   Get Publication 334, Tax Guide for Small Business, for more information about self-employment tax. Filing past year tax returns International Social Security Agreements The United States has entered into social security agreements with foreign countries to coordinate social security coverage and taxation of workers employed for part or all of their working careers in one of the countries. Filing past year tax returns These agreements are commonly referred to as totalization agreements. Filing past year tax returns Under these agreements, dual coverage and dual contributions (taxes) for the same work are eliminated. Filing past year tax returns The agreements generally make sure that social security taxes (including self-employment tax) are paid only to one country. Filing past year tax returns Agreements are in effect with the following countries. Filing past year tax returns Australia. Filing past year tax returns Austria. Filing past year tax returns Belgium. Filing past year tax returns Canada. Filing past year tax returns Chile. Filing past year tax returns Czech Republic. Filing past year tax returns Denmark. Filing past year tax returns Finland. Filing past year tax returns France. Filing past year tax returns Germany. Filing past year tax returns Greece. Filing past year tax returns Ireland. Filing past year tax returns Italy. Filing past year tax returns Japan. Filing past year tax returns Korea, South. Filing past year tax returns Luxembourg. Filing past year tax returns The Netherlands. Filing past year tax returns Norway. Filing past year tax returns Poland. Filing past year tax returns Portugal. Filing past year tax returns Spain. Filing past year tax returns Sweden. Filing past year tax returns Switzerland. Filing past year tax returns The United Kingdom. Filing past year tax returns Agreements with other countries are expected to enter into force in the future. Filing past year tax returns Employees. Filing past year tax returns   Generally, under these agreements, you are subject to social security taxes only in the country where you are working. Filing past year tax returns However, if you are temporarily sent to work for the same employer in the United States and your pay would normally be subject to social security taxes in both countries, most agreements provide that you remain covered only by the social security system of the country from which you were sent. Filing past year tax returns You can get more information on any agreement by contacting the U. Filing past year tax returns S. Filing past year tax returns Social Security Administration at the address given later. Filing past year tax returns If you have access to the Internet, you can get more information at www. Filing past year tax returns socialsecurity. Filing past year tax returns gov/international. Filing past year tax returns   To establish that your pay is subject only to foreign social security taxes and is exempt from U. Filing past year tax returns S. Filing past year tax returns social security taxes (including the Medicare tax) under an agreement, you or your employer should request a certificate of coverage from the appropriate agency of the foreign country. Filing past year tax returns This will usually be the same agency to which you or your employer pays your foreign social security taxes. Filing past year tax returns The foreign agency will be able to tell you what information is needed for them to issue the certificate. Filing past year tax returns Your employer should keep a copy of the certificate because it may be needed to show why you are exempt from U. Filing past year tax returns S. Filing past year tax returns social security taxes. Filing past year tax returns Only wages paid on or after the effective date of the agreement can be exempt from U. Filing past year tax returns S. Filing past year tax returns social security taxes. Filing past year tax returns    Some of the countries with which the United States has agreements will not issue certificates of coverage. Filing past year tax returns In this case, either you or your employer should request a statement that your wages are not covered by the U. Filing past year tax returns S. Filing past year tax returns social security system. Filing past year tax returns Request the statement from the following address. Filing past year tax returns U. Filing past year tax returns S. Filing past year tax returns Social Security Administration Office of International Programs P. Filing past year tax returns O. Filing past year tax returns Box 17741 Baltimore, MD 21235-7741 Self-employed individuals. Filing past year tax returns   Under most agreements, self-employed individuals are covered by the social security system of the country where they reside. Filing past year tax returns However, under some agreements, you may be exempt from U. Filing past year tax returns S. Filing past year tax returns self-employment tax if you temporarily transfer your business activity to or from the United States. Filing past year tax returns   If you believe that your self-employment income is subject only to U. Filing past year tax returns S. Filing past year tax returns self-employment tax and is exempt from foreign social security taxes, request a certificate of coverage from the U. Filing past year tax returns S. Filing past year tax returns Social Security Administration at the address given earlier. Filing past year tax returns This certificate will establish your exemption from foreign social security taxes. Filing past year tax returns   To establish that your self-employment income is subject only to foreign social security taxes and is exempt from U. Filing past year tax returns S. Filing past year tax returns self-employment tax, request a certificate of coverage from the appropriate agency of the foreign country. Filing past year tax returns If the foreign country will not issue the certificate, you should request a statement that your income is not covered by the U. Filing past year tax returns S. Filing past year tax returns social security system. Filing past year tax returns Request it from the U. Filing past year tax returns S. Filing past year tax returns Social Security Administration at the address given earlier. Filing past year tax returns Attach a photocopy of either statement to Form 1040 each year you are exempt. Filing past year tax returns Also print “Exempt, see attached statement” on the line for self-employment tax. Filing past year tax returns Estimated Tax Form 1040-ES (NR) You may have income from which no U. Filing past year tax returns S. Filing past year tax returns income tax is withheld. Filing past year tax returns Or the amount of tax withheld may be less than the income tax you estimate you will owe at the end of the year. Filing past year tax returns If so, you may have to pay estimated tax. Filing past year tax returns Generally, you must make estimated tax payments for 2014 if you expect to owe at least $1,000 in tax and you expect your withholding and certain refundable credits to be less than the smaller of: 90% of the tax to be shown on your 2014 income tax return, or 100% of the tax shown on your 2013 income tax return (if your 2013 return covered all 12 months of the year). Filing past year tax returns If your adjusted gross income for 2013 was more than $150,000 ($75,000 if your filing status for 2014 is married filing separately), substitute 110% for 100% in (2) above if you are not a farmer or fisherman. Filing past year tax returns Item (2) does not apply if you did not file a 2013 return. Filing past year tax returns A nonresident alien should use Form 1040-ES (NR) to figure and pay estimated tax. Filing past year tax returns If you pay by check, make it payable to the "United States Treasury. Filing past year tax returns " How to estimate your tax for 2014. Filing past year tax returns   If you filed a 2013 return on Form 1040NR or Form 1040NR-EZ and expect your income, number of exemptions, and total deductions for 2014 to be nearly the same, you should use your 2013 return as a guide to complete the Estimated Tax Worksheet in the Form 1040-ES (NR) instructions. Filing past year tax returns If you did not file a return for 2013, or if your income, exemptions, deductions, or credits will be different for 2014, you must estimate these amounts. Filing past year tax returns Figure your estimated tax liability using the Tax Rate Schedule in the 2014 Form 1040-ES (NR) instructions for your filing status. Filing past year tax returns Note. Filing past year tax returns If you expect to be a resident of Puerto Rico during the entire year, use Form 1040-ES or Formulario 1040-ES (PR). Filing past year tax returns When to pay estimated tax. Filing past year tax returns   Make your first estimated tax payment by the due date for filing the previous year's Form 1040NR or Form 1040NR-EZ. Filing past year tax returns If you have wages subject to the same withholding rules that apply to U. Filing past year tax returns S. Filing past year tax returns citizens, you must file Form 1040NR or Form 1040NR-EZ and make your first estimated tax payment by April 15, 2014. Filing past year tax returns If you do not have wages subject to withholding, file your income tax return and make your first estimated tax payment by June 16, 2014. Filing past year tax returns   If your first estimated tax payment is due April 15, 2014, you can pay your estimated tax in full at that time or in four equal installments by the dates shown next. Filing past year tax returns 1st installment April 15, 2014 2nd installment June 16, 2014 3rd installment Sept. Filing past year tax returns 15, 2014 4th installment Jan. Filing past year tax returns 15, 2015 If your first payment is not due until June 16, 2014, you can pay your estimated tax in full at that time or: ½ of your estimated tax by June 16, 2014, 1/4 of the tax by September 15, 2014, and 1/4 by January 15, 2015. Filing past year tax returns    You do not have to make the payment due January 15, 2015, if you file your 2014 Form 1040NR or 1040NR-EZ by February 2, 2015, and pay the entire balance due with your return. Filing past year tax returns Fiscal year. Filing past year tax returns   If your return is not on a calendar year basis, your due dates are the 15th day of the 4th, 6th, and 9th months of your fiscal year, and the 1st month of the following fiscal year. Filing past year tax returns If any date falls on a Saturday, Sunday, or legal holiday, use the next day that is not a Saturday, Sunday, or legal holiday. Filing past year tax returns Changes in income, deductions, or exemptions. Filing past year tax returns   Even if you are not required to make an estimated tax payment in April or June, your circumstances may change so that you will have to make estimated tax payments later. Filing past year tax returns This can happen if you receive additional income or if any of your deductions are reduced or eliminated. Filing past year tax returns If so, see the instructions for Form 1040-ES (NR) and Publication 505 for information on figuring your estimated tax. Filing past year tax returns Amended estimated tax. Filing past year tax returns   If, after you have made estimated tax payments, you find your estimated tax is substantially increased or decreased because of a change in your income or exemptions, you should adjust your remaining estimated tax payments. Filing past year tax returns To do this, see the instructions for Form 1040-ES (NR) and Publication 505. Filing past year tax returns Penalty for failure to pay estimated income tax. Filing past year tax returns   You will be subject to a penalty for underpayment of installments of estimated tax except in certain situations. Filing past year tax returns These situations are explained on Form 2210, Underpayment of Estimated Tax by Individuals, Estates, and Trusts. Filing past year tax returns Prev  Up  Next   Home   More Online Publications