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H&r Block Free State Tax Filing

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H&r Block Free State Tax Filing

H&r block free state tax filing 11. H&r block free state tax filing   Other Expenses Table of Contents What's New Introduction Topics - This chapter discusses: Useful Items - You may want to see: Reimbursement of Travel, Meals, and EntertainmentReimbursements Miscellaneous ExpensesMeaning of generally enforced. H&r block free state tax filing Kickbacks. H&r block free state tax filing Form 1099-MISC. H&r block free state tax filing Exception. H&r block free state tax filing Tax preparation fees. H&r block free state tax filing Covered executive branch official. H&r block free state tax filing Exceptions to denial of deduction. H&r block free state tax filing Indirect political contributions. H&r block free state tax filing Type of deduction. H&r block free state tax filing Repayment—$3,000 or less. H&r block free state tax filing Repayment—over $3,000. H&r block free state tax filing Method 1. H&r block free state tax filing Method 2. H&r block free state tax filing Repayment does not apply. H&r block free state tax filing Year of deduction (or credit). H&r block free state tax filing Telephone. H&r block free state tax filing What's New Standard mileage rate. H&r block free state tax filing  Beginning in 2013, the standard mileage rate for the cost of operating your car, van, pickup, or panel truck for business use is 56. H&r block free state tax filing 5 cents per mile. H&r block free state tax filing For more information, see Car and truck expenses under Miscellaneous Expenses. H&r block free state tax filing Introduction This chapter covers business expenses that may not have been explained to you, as a business owner, in previous chapters of this publication. H&r block free state tax filing Topics - This chapter discusses: Travel, meals, and entertainment Bribes and kickbacks Charitable contributions Education expenses Lobbying expenses Penalties and fines Repayments (claim of right) Other miscellaneous expenses Useful Items - You may want to see: Publication 15-B Employer's Tax Guide to Fringe Benefits 463 Travel, Entertainment, Gift, and Car Expenses 526 Charitable Contributions 529 Miscellaneous Deductions 544 Sales and Other Dispositions of Assets 970 Tax Benefits for Education 1542 Per Diem Rates See chapter 12 for information about getting publications and forms. H&r block free state tax filing Reimbursement of Travel, Meals, and Entertainment The following discussion explains how to handle any reimbursements or allowances you may provide to your employees under a reimbursement or allowance arrangement for travel, meals, and entertainment expenses. H&r block free state tax filing If you are self-employed and report your income and expenses on Schedule C or C-EZ (Form 1040), see Publication 463. H&r block free state tax filing To be deductible for tax purposes, expenses incurred for travel, meals, and entertainment must be ordinary and necessary expenses incurred while carrying on your trade or business. H&r block free state tax filing Generally, you also must show that entertainment expenses (including meals) are directly related to, or associated with, the conduct of your trade or business. H&r block free state tax filing For more information on travel, meals, and entertainment, including deductibility, see Publication 463. H&r block free state tax filing Reimbursements A “reimbursement or allowance arrangement” provides for payment of advances, reimbursements, and allowances for travel, meals, and entertainment expenses incurred by your employees during the ordinary course of business. H&r block free state tax filing If the expenses are substantiated, you can deduct the allowable amount on your tax return. H&r block free state tax filing Because of differences between accounting methods and tax law, the amount you can deduct for tax purposes may not be the same as the amount you deduct on your business books and records. H&r block free state tax filing For example, you can deduct 100% of the cost of meals on your business books and records. H&r block free state tax filing However, only 50% of these costs are allowed by law as a tax deduction. H&r block free state tax filing How you deduct a business expense under a reimbursement or allowance arrangement depends on whether you have: An accountable plan, or A nonaccountable plan. H&r block free state tax filing If you reimburse these expenses under an accountable plan, deduct them as travel, meals, or entertainment expenses. H&r block free state tax filing If you reimburse these expenses under a nonaccountable plan, report the reimbursements as wages on Form W-2, Wage and Tax Statement, and deduct them as wages on the appropriate line of your tax return. H&r block free state tax filing If you make a single payment to your employees and it includes both wages and an expense reimbursement, you must specify the amount of the reimbursement and report it accordingly. H&r block free state tax filing See Table 11-1 , Reporting Reimbursements. H&r block free state tax filing Accountable Plans An accountable plan requires your employees to meet all of the following requirements. H&r block free state tax filing Each employee must: Have paid or incurred deductible expenses while performing services as your employee, Adequately account to you for these expenses within a reasonable period of time, and Return any excess reimbursement or allowance within a reasonable period of time. H&r block free state tax filing An arrangement under which you advance money to employees is treated as meeting (3) above only if the following requirements are also met. H&r block free state tax filing The advance is reasonably calculated not to exceed the amount of anticipated expenses. H&r block free state tax filing You make the advance within a reasonable period of time of your employee paying or incurring the expense. H&r block free state tax filing If any expenses reimbursed under this arrangement are not substantiated, or an excess reimbursement is not returned within a reasonable period of time by an employee, you cannot treat these expenses as reimbursed under an accountable plan. H&r block free state tax filing Instead, treat the reimbursed expenses as paid under a nonaccountable plan, discussed later. H&r block free state tax filing Adequate accounting. H&r block free state tax filing   Your employees must adequately account to you for their travel, meals, and entertainment expenses. H&r block free state tax filing They must give you documentary evidence of their travel, mileage, and other employee business expenses. H&r block free state tax filing This evidence should include items such as receipts, along with either a statement of expenses, an account book, a day-planner, or similar record in which the employee entered each expense at or near the time the expense was incurred. H&r block free state tax filing Excess reimbursement or allowance. H&r block free state tax filing   An excess reimbursement or allowance is any amount you pay to an employee that is more than the business-related expenses for which the employee adequately accounted. H&r block free state tax filing The employee must return any excess reimbursement or other expense allowance to you within a reasonable period of time. H&r block free state tax filing Reasonable period of time. H&r block free state tax filing   A reasonable period of time depends on the facts and circumstances. H&r block free state tax filing Generally, actions that take place within the times specified in the following list will be treated as taking place within a reasonable period of time. H&r block free state tax filing You give an advance within 30 days of the time the employee pays or incurs the expense. H&r block free state tax filing Your employees adequately account for their expenses within 60 days after the expenses were paid or incurred. H&r block free state tax filing Your employees return any excess reimbursement within 120 days after the expenses were paid or incurred. H&r block free state tax filing You give a periodic statement (at least quarterly) to your employees that asks them to either return or adequately account for outstanding advances and they comply within 120 days of the date of the statement. H&r block free state tax filing How to deduct. H&r block free state tax filing   You can claim a deduction for travel, meals, and entertainment expenses if you reimburse your employees for these expenses under an accountable plan. H&r block free state tax filing Generally, the amount you can deduct for meals and entertainment is subject to a 50% limit, discussed later. H&r block free state tax filing If you are a sole proprietor, or are filing as a single member limited liability company, deduct the travel reimbursement on line 24a and the deductible part of the meals and entertainment reimbursement on line 24b, Schedule C (Form 1040) or line 2, Schedule C-EZ (Form 1040). H&r block free state tax filing   If you are filing an income tax return for a corporation, include the reimbursement on the Other deductions line of Form 1120, U. H&r block free state tax filing S. H&r block free state tax filing Corporation Income Tax Return. H&r block free state tax filing If you are filing any other business income tax return, such as a partnership or S corporation return, deduct the reimbursement on the appropriate line of the return as provided in the instructions for that return. H&r block free state tax filing Table 11-1. H&r block free state tax filing Reporting Reimbursements IF the type of reimbursement (or other expense allowance) arrangement is under THEN the employer reports on Form W-2 An accountable plan with: Actual expense reimbursement:  Adequate accounting made and excess returned No amount. H&r block free state tax filing Actual expense reimbursement:  Adequate accounting and return of excess both required but excess not returned The excess amount as wages in box 1. H&r block free state tax filing Per diem or mileage allowance up to the federal rate:  Adequate accounting made and excess returned No amount. H&r block free state tax filing Per diem or mileage allowance up to the federal rate:  Adequate accounting and return of excess both required but excess not returned The excess amount as wages in box 1. H&r block free state tax filing The amount up to the federal rate is reported only in box 12—it is not reported in box 1. H&r block free state tax filing Per diem or mileage allowance exceeds the federal rate:  Adequate accounting made up to the federal rate only and excess not returned The excess amount as wages in box 1. H&r block free state tax filing The amount up to the federal rate is reported only in box 12—it is not reported in box 1. H&r block free state tax filing A nonaccountable plan with: Either adequate accounting or return of excess, or both, not required by plan The entire amount as wages in box 1. H&r block free state tax filing No reimbursement plan The entire amount as wages in box 1. H&r block free state tax filing Per Diem and Car Allowances You can reimburse your employees under an accountable plan based on travel days, miles, or some other fixed allowance. H&r block free state tax filing In these cases, your employee is considered to have accounted to you for the amount of the expense that does not exceed the rates established by the federal government. H&r block free state tax filing Your employee must actually substantiate to you the other elements of the expense, such as time, place, and business purpose. H&r block free state tax filing Federal rate. H&r block free state tax filing   The federal rate can be figured using any one of the following methods. H&r block free state tax filing For car expenses: The standard mileage rate. H&r block free state tax filing A fixed and variable rate (FAVR). H&r block free state tax filing For per diem amounts: The regular federal per diem rate. H&r block free state tax filing The standard meal allowance. H&r block free state tax filing The high-low rate. H&r block free state tax filing Car allowance. H&r block free state tax filing   Your employee is considered to have accounted to you for car expenses that do not exceed the standard mileage rate. H&r block free state tax filing Beginning in 2013, the standard business mileage rate is 56. H&r block free state tax filing 5 cents per mile. H&r block free state tax filing   You can choose to reimburse your employees using a fixed and variable rate (FAVR) allowance. H&r block free state tax filing This is an allowance that includes a combination of payments covering fixed and variable costs, such as a cents-per-mile rate to cover your employees' variable operating costs (such as gas, oil, etc. H&r block free state tax filing ) plus a flat amount to cover your employees' fixed costs (such as depreciation, insurance, etc. H&r block free state tax filing ). H&r block free state tax filing For information on using a FAVR allowance, see Revenue Procedure 2010-51, available at www. H&r block free state tax filing irs. H&r block free state tax filing gov/irb/2010-51_IRB/ar14. H&r block free state tax filing html and Notice 2012-72, available at www. H&r block free state tax filing irs. H&r block free state tax filing gov/irb/2012-50_IRB/ar10. H&r block free state tax filing html. H&r block free state tax filing Per diem allowance. H&r block free state tax filing   If your employee actually substantiates to you the other elements (discussed earlier) of the expenses reimbursed using the per diem allowance, how you report and deduct the allowance depends on whether the allowance is for lodging and meal expenses or for meal expenses only and whether the allowance is more than the federal rate. H&r block free state tax filing Regular federal per diem rate. H&r block free state tax filing   The regular federal per diem rate is the highest amount the federal government will pay to its employees while away from home on travel. H&r block free state tax filing It has two components: Lodging expense, and Meal and incidental expense (M&IE). H&r block free state tax filing The rates are different for different locations. H&r block free state tax filing Publication 1542 lists the rates in the continental United States. H&r block free state tax filing Standard meal allowance. H&r block free state tax filing   The federal rate for meal and incidental expenses (M&IE) is the standard meal allowance. H&r block free state tax filing You can pay only an M&IE allowance to employees who travel away from home if: You pay the employee for actual expenses for lodging based on receipts submitted to you, You provide for the lodging, You pay for the actual expense of the lodging directly to the provider, You do not have a reasonable belief that lodging expenses were incurred by the employee, or The allowance is computed on a basis similar to that used in computing the employee's wages (that is, number of hours worked or miles traveled). H&r block free state tax filing Internet access. H&r block free state tax filing    Per diem rates are available on the Internet. H&r block free state tax filing You can access per diem rates at www. H&r block free state tax filing gsa. H&r block free state tax filing gov/perdiemrates. H&r block free state tax filing High-low method. H&r block free state tax filing   This is a simplified method of computing the federal per diem rate for travel within the continental United States. H&r block free state tax filing It eliminates the need to keep a current list of the per diem rate for each city. H&r block free state tax filing   Under the high-low method, the per diem amount for travel during January through September of 2013 is $242 ($65 for M&IE) for certain high-cost locations. H&r block free state tax filing All other areas have a per diem amount of $163 ($52 for M&IE). H&r block free state tax filing The high-cost locations eligible for the higher per diem amount under the high-low method are listed in Publication 1542. H&r block free state tax filing   Effective October 1, 2013, the per diem rate for high-cost locations increased to $251 ($65 for M&IE). H&r block free state tax filing The rate for all other locations increased to $170 ($52 for M&IE). H&r block free state tax filing For October, November, and December 2013, you can either continue to use the rates described in the preceding paragraph or change to the new rates. H&r block free state tax filing However, you must use the same rate for all employees reimbursed under the high-low method. H&r block free state tax filing   For more information about the high-low method, see Notice 2013-65, available at www. H&r block free state tax filing irs. H&r block free state tax filing gov/irb/2013-44_IRB/ar13. H&r block free state tax filing html. H&r block free state tax filing See Publication 1542 (available on the Internet at IRS. H&r block free state tax filing gov) for the current per diem rates for all locations. H&r block free state tax filing Reporting per diem and car allowances. H&r block free state tax filing   The following discussion explains how to report per diem and car allowances. H&r block free state tax filing The manner in which you report them depends on how the allowance compares to the federal rate. H&r block free state tax filing See Table 11-1. H&r block free state tax filing Allowance less than or equal to the federal rate. H&r block free state tax filing   If your allowance for the employee is less than or equal to the appropriate federal rate, that allowance is not included as part of the employee's pay in box 1 of the employee's Form W-2. H&r block free state tax filing Deduct the allowance as travel expenses (including meals that may be subject to the 50% limit, discussed later). H&r block free state tax filing See How to deduct under Accountable Plans, earlier. H&r block free state tax filing Allowance more than the federal rate. H&r block free state tax filing   If your employee's allowance is more than the appropriate federal rate, you must report the allowance as two separate items. H&r block free state tax filing   Include the allowance amount up to the federal rate in box 12 (code L) of the employee's Form W-2. H&r block free state tax filing Deduct it as travel expenses (as explained above). H&r block free state tax filing This part of the allowance is treated as reimbursed under an accountable plan. H&r block free state tax filing   Include the amount that is more than the federal rate in box 1 (and in boxes 3 and 5 if they apply) of the employee's Form W-2. H&r block free state tax filing Deduct it as wages subject to income tax withholding, social security, Medicare, and federal unemployment taxes. H&r block free state tax filing This part of the allowance is treated as reimbursed under a nonaccountable plan as explained later under Nonaccountable Plans. H&r block free state tax filing Meals and Entertainment Under an accountable plan, you can generally deduct only 50% of any otherwise deductible business-related meal and entertainment expenses you reimburse your employees. H&r block free state tax filing The deduction limit applies even if you reimburse them for 100% of the expenses. H&r block free state tax filing Application of the 50% limit. H&r block free state tax filing   The 50% deduction limit applies to reimbursements you make to your employees for expenses they incur for meals while traveling away from home on business and for entertaining business customers at your place of business, a restaurant, or another location. H&r block free state tax filing It applies to expenses incurred at a business convention or reception, business meeting, or business luncheon at a club. H&r block free state tax filing The deduction limit may also apply to meals you furnish on your premises to your employees. H&r block free state tax filing Related expenses. H&r block free state tax filing   Taxes and tips relating to a meal or entertainment activity you reimburse to your employee under an accountable plan are included in the amount subject to the 50% limit. H&r block free state tax filing Reimbursements you make for expenses, such as cover charges for admission to a nightclub, rent paid for a room to hold a dinner or cocktail party, or the amount you pay for parking at a sports arena, are all subject to the 50% limit. H&r block free state tax filing However, the cost of transportation to and from an otherwise allowable business meal or a business-related entertainment activity is not subject to the 50% limit. H&r block free state tax filing Amount subject to 50% limit. H&r block free state tax filing   If you provide your employees with a per diem allowance only for meal and incidental expenses, the amount treated as an expense for food and beverages is the lesser of the following. H&r block free state tax filing The per diem allowance. H&r block free state tax filing The federal rate for M&IE. H&r block free state tax filing   If you provide your employees with a per diem allowance that covers lodging, meals, and incidental expenses, you must treat an amount equal to the federal M&IE rate for the area of travel as an expense for food and beverages. H&r block free state tax filing If the per diem allowance you provide is less than the federal per diem rate for the area of travel, you can treat 40% of the per diem allowance as the amount for food and beverages. H&r block free state tax filing Meal expenses when subject to “hours of service” limits. H&r block free state tax filing   You can deduct 80% of the cost of reimbursed meals your employees consume while away from their tax home on business during, or incident to, any period subject to the Department of Transportation's “hours of service” limits. H&r block free state tax filing   See Publication 463 for a detailed discussion of individuals subject to the Department of Transportation's “hours of service” limits. H&r block free state tax filing De minimis (minimal) fringe benefit. H&r block free state tax filing   The 50% limit does not apply to an expense for food or beverage that is excluded from the gross income of an employee because it is a de minimis fringe benefit. H&r block free state tax filing See Publication 15-B for additional information on de minimis fringe benefits. H&r block free state tax filing Company cafeteria or executive dining room. H&r block free state tax filing   The cost of food and beverages you provide primarily to your employees on your business premises is deductible. H&r block free state tax filing This includes the cost of maintaining the facilities for providing the food and beverages. H&r block free state tax filing These expenses are subject to the 50% limit unless they qualify as a de minimis fringe benefit, as just discussed, or unless they are compensation to your employees (explained later). H&r block free state tax filing Employee activities. H&r block free state tax filing   The expense of providing recreational, social, or similar activities (including the use of a facility) for your employees is deductible and is not subject to the 50% limit. H&r block free state tax filing The benefit must be primarily for your employees who are not highly compensated. H&r block free state tax filing   For this purpose, a highly compensated employee is an employee who meets either of the following requirements. H&r block free state tax filing Owned a 10% or more interest in the business during the year or the preceding year. H&r block free state tax filing An employee is treated as owning any interest owned by his or her brother, sister, spouse, ancestors, and lineal descendants. H&r block free state tax filing Received more than $115,000 in pay for the preceding year. H&r block free state tax filing You can choose to include only employees who were also in the top 20% of employees when ranked by pay for the preceding year. H&r block free state tax filing   For example, the expenses for food, beverages, and entertainment for a company-wide picnic are not subject to the 50% limit. H&r block free state tax filing Meals or entertainment treated as compensation. H&r block free state tax filing   The 50% limit does not apply to either of the following. H&r block free state tax filing Expenses for meals or entertainment that you treat as: Compensation to an employee who was the recipient of the meals or entertainment, and Wages subject to withholding of federal income tax. H&r block free state tax filing Expenses for meals or entertainment if: A recipient of the meals or entertainment who is not your employee has to include the expenses in gross income as compensation for services or as a prize or award, and You include that amount on a Form 1099 issued to the recipient, if a Form 1099 is required. H&r block free state tax filing Sales of meals or entertainment. H&r block free state tax filing   You can deduct the cost of meals or entertainment (including the use of facilities) you sell to the public. H&r block free state tax filing For example, if you run a nightclub, your expense for the entertainment you furnish to your customers, such as a floor show, is a business expense that is fully deductible. H&r block free state tax filing The 50% limit does not apply to this expense. H&r block free state tax filing Providing meals or entertainment to general public to promote goodwill. H&r block free state tax filing   You can deduct the cost of providing meals, entertainment, or recreational facilities to the general public as a means of advertising or promoting goodwill in the community. H&r block free state tax filing The 50% limit does not apply to this expense. H&r block free state tax filing Director, stockholder, or employee meetings. H&r block free state tax filing   You can deduct entertainment expenses directly related to business meetings of your employees, partners, stockholders, agents, or directors. H&r block free state tax filing You can provide some minor social activities, but the main purpose of the meeting must be your company's business. H&r block free state tax filing These expenses are subject to the 50% limit. H&r block free state tax filing Trade association meetings. H&r block free state tax filing   You can deduct expenses directly related to and necessary for attending business meetings or conventions of certain tax-exempt organizations. H&r block free state tax filing These organizations include business leagues, chambers of commerce, real estate boards, and trade and professional associations. H&r block free state tax filing Nonaccountable Plans A nonaccountable plan is an arrangement that does not meet the requirements for an accountable plan. H&r block free state tax filing All amounts paid, or treated as paid, under a nonaccountable plan are reported as wages on Form W-2. H&r block free state tax filing The payments are subject to income tax withholding, social security, Medicare, and federal unemployment taxes. H&r block free state tax filing You can deduct the reimbursement as compensation or wages only to the extent it meets the deductibility tests for employees' pay in chapter 2. H&r block free state tax filing Deduct the allowable amount as compensation or wages on the appropriate line of your income tax return, as provided in its instructions. H&r block free state tax filing Miscellaneous Expenses In addition to travel, meal, and entertainment expenses, there are other expenses you can deduct. H&r block free state tax filing Advertising expenses. H&r block free state tax filing   You generally can deduct reasonable advertising expenses that are directly related to your business activities. H&r block free state tax filing Generally, you cannot deduct amounts paid to influence legislation (i. H&r block free state tax filing e. H&r block free state tax filing , lobbying). H&r block free state tax filing See Lobbying expenses , later. H&r block free state tax filing   You can usually deduct as a business expense the cost of institutional or goodwill advertising to keep your name before the public if it relates to business you reasonably expect to gain in the future. H&r block free state tax filing For example, the cost of advertising that encourages people to contribute to the Red Cross, to buy U. H&r block free state tax filing S. H&r block free state tax filing Savings Bonds, or to participate in similar causes is usually deductible. H&r block free state tax filing Anticipated liabilities. H&r block free state tax filing   Anticipated liabilities or reserves for anticipated liabilities are not deductible. H&r block free state tax filing For example, assume you sold 1-year TV service contracts this year totaling $50,000. H&r block free state tax filing From experience, you know you will have expenses of about $15,000 in the coming year for these contracts. H&r block free state tax filing You cannot deduct any of the $15,000 this year by charging expenses to a reserve or liability account. H&r block free state tax filing You can deduct your expenses only when you actually pay or accrue them, depending on your accounting method. H&r block free state tax filing Bribes and kickbacks. H&r block free state tax filing   Engaging in the payment of bribes or kickbacks is a serious criminal matter. H&r block free state tax filing Such activity could result in criminal prosecution. H&r block free state tax filing Any payments that appear to have been made, either directly or indirectly, to an official or employee of any government or an agency or instrumentality of any government are not deductible for tax purposes and are in violation of the law. H&r block free state tax filing   Payments paid directly or indirectly to a person in violation of any federal or state law (but only if that state law is generally enforced, defined below) that provides for a criminal penalty or for the loss of a license or privilege to engage in a trade or business are also not allowed as a deduction for tax purposes. H&r block free state tax filing Meaning of “generally enforced. H&r block free state tax filing ”   A state law is considered generally enforced unless it is never enforced or enforced only for infamous persons or persons whose violations are extraordinarily flagrant. H&r block free state tax filing For example, a state law is generally enforced unless proper reporting of a violation of the law results in enforcement only under unusual circumstances. H&r block free state tax filing Kickbacks. H&r block free state tax filing   A kickback is a payment for referring a client, patient, or customer. H&r block free state tax filing The common kickback situation occurs when money or property is given to someone as payment for influencing a third party to purchase from, use the services of, or otherwise deal with the person who pays the kickback. H&r block free state tax filing In many cases, the person whose business is being sought or enjoyed by the person who pays the kickback is not aware of the payment. H&r block free state tax filing   For example, the Yard Corporation is in the business of repairing ships. H&r block free state tax filing It returns 10% of the repair bills as kickbacks to the captains and chief officers of the vessels it repairs. H&r block free state tax filing Although this practice is considered an ordinary and necessary expense of getting business, it is clearly a violation of a state law that is generally enforced. H&r block free state tax filing These expenditures are not deductible for tax purposes, whether or not the owners of the shipyard are subsequently prosecuted. H&r block free state tax filing Form 1099-MISC. H&r block free state tax filing   It does not matter whether any kickbacks paid during the tax year are deductible on your income tax return in regards to information reporting. H&r block free state tax filing See Form 1099-MISC for more information. H&r block free state tax filing Car and truck expenses. H&r block free state tax filing   The costs of operating a car, truck, or other vehicle in your business are deductible. H&r block free state tax filing For more information on how to figure your deduction, see Publication 463. H&r block free state tax filing Charitable contributions. H&r block free state tax filing   Cash payments to an organization, charitable or otherwise, may be deductible as business expenses if the payments are not charitable contributions or gifts and are directly related to your business. H&r block free state tax filing If the payments are charitable contributions or gifts, you cannot deduct them as business expenses. H&r block free state tax filing However, corporations (other than S corporations) can deduct charitable contributions on their income tax returns, subject to limitations. H&r block free state tax filing See the Instructions for Form 1120 for more information. H&r block free state tax filing Sole proprietors, partners in a partnership, or shareholders in an S corporation may be able to deduct charitable contributions made by their business on Schedule A (Form 1040). H&r block free state tax filing Example. H&r block free state tax filing You paid $15 to a local church for a half-page ad in a program for a concert it is sponsoring. H&r block free state tax filing The purpose of the ad was to encourage readers to buy your products. H&r block free state tax filing Your payment is not a charitable contribution. H&r block free state tax filing You can deduct it as an advertising expense. H&r block free state tax filing Example. H&r block free state tax filing You made a $100,000 donation to a committee organized by the local Chamber of Commerce to bring a convention to your city, intended to increase business activity, including yours. H&r block free state tax filing Your payment is not a charitable contribution. H&r block free state tax filing You can deduct it as a business expense. H&r block free state tax filing See Publication 526 for a discussion of donated inventory, including capital gain property. H&r block free state tax filing Club dues and membership fees. H&r block free state tax filing   Generally, you cannot deduct amounts paid or incurred for membership in any club organized for business, pleasure, recreation, or any other social purpose. H&r block free state tax filing This includes country clubs, golf and athletic clubs, hotel clubs, sporting clubs, airline clubs, and clubs operated to provide meals under circumstances generally considered to be conducive to business discussions. H&r block free state tax filing Exception. H&r block free state tax filing   The following organizations are not treated as clubs organized for business, pleasure, recreation, or other social purpose unless one of the main purposes is to conduct entertainment activities for members or their guests or to provide members or their guests with access to entertainment facilities. H&r block free state tax filing Boards of trade. H&r block free state tax filing Business leagues. H&r block free state tax filing Chambers of commerce. H&r block free state tax filing Civic or public service organizations. H&r block free state tax filing Professional organizations such as bar associations and medical associations. H&r block free state tax filing Real estate boards. H&r block free state tax filing Trade associations. H&r block free state tax filing Credit card convenience fees. H&r block free state tax filing   Credit card companies charge a fee to businesses who accept their cards. H&r block free state tax filing This fee when paid or incurred by the business can be deducted as a business expense. H&r block free state tax filing Damages recovered. H&r block free state tax filing   Special rules apply to compensation you receive for damages sustained as a result of patent infringement, breach of contract or fiduciary duty, or antitrust violations. H&r block free state tax filing You must include this compensation in your income. H&r block free state tax filing However, you may be able to take a special deduction. H&r block free state tax filing The deduction applies only to amounts recovered for actual economic injury, not any additional amount. H&r block free state tax filing The deduction is the smaller of the following. H&r block free state tax filing The amount you received or accrued for damages in the tax year reduced by the amount you paid or incurred in the year to recover that amount. H&r block free state tax filing Your losses from the injury you have not deducted. H&r block free state tax filing Demolition expenses or losses. H&r block free state tax filing   Amounts paid or incurred to demolish a structure are not deductible. H&r block free state tax filing These amounts are added to the basis of the land where the demolished structure was located. H&r block free state tax filing Any loss for the remaining undepreciated basis of a demolished structure would not be recognized until the property is disposed of. H&r block free state tax filing Education expenses. H&r block free state tax filing   Ordinary and necessary expenses paid for the cost of the education and training of your employees are deductible. H&r block free state tax filing See Education Expenses in chapter 2. H&r block free state tax filing   You can also deduct the cost of your own education (including certain related travel) related to your trade or business. H&r block free state tax filing You must be able to show the education maintains or improves skills required in your trade or business, or that it is required by law or regulations, for keeping your license to practice, status, or job. H&r block free state tax filing For example, an attorney can deduct the cost of attending Continuing Legal Education (CLE) classes that are required by the state bar association to maintain his or her license to practice law. H&r block free state tax filing   Education expenses you incur to meet the minimum requirements of your present trade or business, or those that qualify you for a new trade or business, are not deductible. H&r block free state tax filing This is true even if the education maintains or improves skills presently required in your business. H&r block free state tax filing For more information on education expenses, see Publication 970. H&r block free state tax filing Franchise, trademark, trade name. H&r block free state tax filing   If you buy a franchise, trademark, or trade name, you can deduct the amount you pay or incur as a business expense only if your payments are part of a series of payments that are: Contingent on productivity, use, or disposition of the item, Payable at least annually for the entire term of the transfer agreement, and Substantially equal in amount (or payable under a fixed formula). H&r block free state tax filing   When determining the term of the transfer agreement, include all renewal options and any other period for which you and the transferrer reasonably expect the agreement to be renewed. H&r block free state tax filing   A franchise includes an agreement that gives one of the parties to the agreement the right to distribute, sell, or provide goods, services, or facilities within a specified area. H&r block free state tax filing Impairment-related expenses. H&r block free state tax filing   If you are disabled, you can deduct expenses necessary for you to be able to work (impairment-related expenses) as a business expense, rather than as a medical expense. H&r block free state tax filing   You are disabled if you have either of the following. H&r block free state tax filing A physical or mental disability (for example, blindness or deafness) that functionally limits your being employed. H&r block free state tax filing A physical or mental impairment that substantially limits one or more of your major life activities. H&r block free state tax filing   The expense qualifies as a business expense if all the following apply. H&r block free state tax filing Your work clearly requires the expense for you to satisfactorily perform that work. H&r block free state tax filing The goods or services purchased are clearly not needed or used, other than incidentally, in your personal activities. H&r block free state tax filing Their treatment is not specifically provided for under other tax law provisions. H&r block free state tax filing Example. H&r block free state tax filing You are blind. H&r block free state tax filing You must use a reader to do your work, both at and away from your place of work. H&r block free state tax filing The reader's services are only for your work. H&r block free state tax filing You can deduct your expenses for the reader as a business expense. H&r block free state tax filing Internet-related expenses. H&r block free state tax filing   Generally, you can deduct internet-related expenses including domain registrations fees and webmaster consulting costs. H&r block free state tax filing If you are starting a business you may have to amortize these expenses as start-up costs. H&r block free state tax filing For more information about amortizing start-up and organizational costs, see chapter 8. H&r block free state tax filing Interview expense allowances. H&r block free state tax filing   Reimbursements you make to job candidates for transportation or other expenses related to interviews for possible employment are not wages. H&r block free state tax filing You can deduct the reimbursements as a business expense. H&r block free state tax filing However, expenses for food, beverages, and entertainment are subject to the 50% limit discussed earlier under Meals and Entertainment. H&r block free state tax filing Legal and professional fees. H&r block free state tax filing   Fees charged by accountants and attorneys that are ordinary and necessary expenses directly related to operating your business are deductible as business expenses. H&r block free state tax filing However, usually legal fees you pay to acquire business assets are not deductible. H&r block free state tax filing These costs are added to the basis of the property. H&r block free state tax filing   Fees that include payments for work of a personal nature (such as drafting a will, or damages arising from a personal injury) are not allowed as a business deduction on Schedule C or C-EZ. H&r block free state tax filing If the invoice includes both business and personal charges, compute the business portion as follows: multiply the total amount of the bill by a fraction, the numerator of which is the amount attributable to business matters, the denominator of which is the total amount paid. H&r block free state tax filing The result is the portion of the invoice attributable to business expenses. H&r block free state tax filing The portion attributable to personal matters is the difference between the total amount and the business portion (computed above). H&r block free state tax filing   Legal fees relating to personal tax advice may be deductible on Schedule A (Form 1040), if you itemize deductions. H&r block free state tax filing However, the deduction is subject to the 2% limitation on miscellaneous itemized deductions. H&r block free state tax filing See Publication 529, Miscellaneous Deductions. H&r block free state tax filing Tax preparation fees. H&r block free state tax filing   The cost of hiring a tax professional, such as a C. H&r block free state tax filing P. H&r block free state tax filing A. H&r block free state tax filing , to prepare that part of your tax return relating to your business as a sole proprietor is deductible on Schedule C or Schedule C-EZ. H&r block free state tax filing Any remaining cost may be deductible on Schedule A (Form 1040) if you itemize deductions. H&r block free state tax filing   You can also claim a business deduction for amounts paid or incurred in resolving asserted tax deficiencies for your business operated as a sole proprietor. H&r block free state tax filing Licenses and regulatory fees. H&r block free state tax filing   Licenses and regulatory fees for your trade or business paid annually to state or local governments generally are deductible. H&r block free state tax filing Some licenses and fees may have to be amortized. H&r block free state tax filing See chapter 8 for more information. H&r block free state tax filing Lobbying expenses. H&r block free state tax filing   Generally, lobbying expenses are not deductible. H&r block free state tax filing Lobbying expenses include amounts paid or incurred for any of the following activities. H&r block free state tax filing Influencing legislation. H&r block free state tax filing Participating in or intervening in any political campaign for, or against, any candidate for public office. H&r block free state tax filing Attempting to influence the general public, or segments of the public, about elections, legislative matters, or referendums. H&r block free state tax filing Communicating directly with covered executive branch officials (defined later) in any attempt to influence the official actions or positions of those officials. H&r block free state tax filing Researching, preparing, planning, or coordinating any of the preceding activities. H&r block free state tax filing   Your expenses for influencing legislation and communicating directly with a covered executive branch official include a portion of your labor costs and general and administrative costs of your business. H&r block free state tax filing For information on making this allocation, see section 1. H&r block free state tax filing 162-28 of the regulations. H&r block free state tax filing   You cannot claim a charitable or business expense deduction for amounts paid to an organization if both of the following apply. H&r block free state tax filing The organization conducts lobbying activities on matters of direct financial interest to your business. H&r block free state tax filing A principal purpose of your contribution is to avoid the rules discussed earlier that prohibit a business deduction for lobbying expenses. H&r block free state tax filing   If a tax-exempt organization, other than a section 501(c)(3) organization, provides you with a notice on the part of dues that is allocable to nondeductible lobbying and political expenses, you cannot deduct that part of the dues. H&r block free state tax filing Covered executive branch official. H&r block free state tax filing   For purposes of this discussion, a covered executive branch official is any of the following. H&r block free state tax filing The President. H&r block free state tax filing The Vice President. H&r block free state tax filing Any officer or employee of the White House Office of the Executive Office of the President and the two most senior level officers of each of the other agencies in the Executive Office. H&r block free state tax filing Any individual who: Is serving in a position in Level I of the Executive Schedule under section 5312 of title 5, United States Code, Has been designated by the President as having Cabinet-level status, or Is an immediate deputy of an individual listed in item (a) or (b). H&r block free state tax filing Exceptions to denial of deduction. H&r block free state tax filing   The general denial of the deduction does not apply to the following. H&r block free state tax filing Expenses of appearing before, or communicating with, any committee or member of any local council or similar governing body concerning its legislation (local legislation) if the legislation is of direct interest to you or to you and an organization of which you are a member. H&r block free state tax filing An Indian tribal government is treated as a local council or similar governing body. H&r block free state tax filing Any in-house expenses for influencing legislation and communicating directly with a covered executive branch official if those expenses for the tax year do not exceed $2,000 (excluding overhead expenses). H&r block free state tax filing Expenses incurred by taxpayers engaged in the trade or business of lobbying (professional lobbyists) on behalf of another person (but does apply to payments by the other person to the lobbyist for lobbying activities). H&r block free state tax filing Moving machinery. H&r block free state tax filing   Generally, the cost of moving machinery from one city to another is a deductible expense. H&r block free state tax filing So is the cost of moving machinery from one plant to another, or from one part of your plant to another. H&r block free state tax filing You can deduct the cost of installing the machinery in the new location. H&r block free state tax filing However, you must capitalize the costs of installing or moving newly purchased machinery. H&r block free state tax filing Outplacement services. H&r block free state tax filing   The costs of outplacement services you provide to your employees to help them find new employment, such as career counseling, résumé assistance, skills assessment, etc. H&r block free state tax filing are deductible. H&r block free state tax filing   The costs of outplacement services may cover more than one deduction category. H&r block free state tax filing For example, deduct as a utilities expense the cost of telephone calls made under this service and deduct as rental expense the cost of renting machinery and equipment for this service. H&r block free state tax filing   For information on whether the value of outplacement services is includable in your employees' income, see Publication 15-B. H&r block free state tax filing Penalties and fines. H&r block free state tax filing   Penalties paid for late performance or nonperformance of a contract are generally deductible. H&r block free state tax filing For instance, you own and operate a construction company. H&r block free state tax filing Under a contract, you are to finish construction of a building by a certain date. H&r block free state tax filing Due to construction delays, the building is not completed and ready for occupancy on the date stipulated in the contract. H&r block free state tax filing You are now required to pay an additional amount for each day that completion is delayed beyond the completion date stipulated in the contract. H&r block free state tax filing These additional costs are deductible business expenses. H&r block free state tax filing   On the other hand, penalties or fines paid to any government agency or instrumentality because of a violation of any law are not deductible. H&r block free state tax filing These fines or penalties include the following amounts. H&r block free state tax filing Paid because of a conviction for a crime or after a plea of guilty or no contest in a criminal proceeding. H&r block free state tax filing Paid as a penalty imposed by federal, state, or local law in a civil action, including certain additions to tax and additional amounts and assessable penalties imposed by the Internal Revenue Code. H&r block free state tax filing Paid in settlement of actual or possible liability for a fine or penalty, whether civil or criminal. H&r block free state tax filing Forfeited as collateral posted for a proceeding that could result in a fine or penalty. H&r block free state tax filing   Examples of nondeductible penalties and fines include the following. H&r block free state tax filing Fines for violating city housing codes. H&r block free state tax filing Fines paid by truckers for violating state maximum highway weight laws. H&r block free state tax filing Fines for violating air quality laws. H&r block free state tax filing Civil penalties for violating federal laws regarding mining safety standards and discharges into navigable waters. H&r block free state tax filing   A fine or penalty does not include any of the following. H&r block free state tax filing Legal fees and related expenses to defend yourself in a prosecution or civil action for a violation of the law imposing the fine or civil penalty. H&r block free state tax filing Court costs or stenographic and printing charges. H&r block free state tax filing Compensatory damages paid to a government. H&r block free state tax filing Political contributions. H&r block free state tax filing   Contributions or gifts paid to political parties or candidates are not deductible. H&r block free state tax filing In addition, expenses paid or incurred to take part in any political campaign of a candidate for public office are not deductible. H&r block free state tax filing Indirect political contributions. H&r block free state tax filing   You cannot deduct indirect political contributions and costs of taking part in political activities as business expenses. H&r block free state tax filing Examples of nondeductible expenses include the following. H&r block free state tax filing Advertising in a convention program of a political party, or in any other publication if any of the proceeds from the publication are for, or intended for, the use of a political party or candidate. H&r block free state tax filing Admission to a dinner or program (including, but not limited to, galas, dances, film presentations, parties, and sporting events) if any of the proceeds from the function are for, or intended for, the use of a political party or candidate. H&r block free state tax filing Admission to an inaugural ball, gala, parade, concert, or similar event if identified with a political party or candidate. H&r block free state tax filing Repairs. H&r block free state tax filing   The cost of repairing or improving property used in your trade or business is either a deductible or capital expense. H&r block free state tax filing Routine maintenance that keeps your property in a normal efficient operating condition, but that does not materially increase the value or substantially prolong the useful life of the property, is deductible in the year that it is incurred. H&r block free state tax filing Otherwise, the cost must be capitalized and depreciated. H&r block free state tax filing See Form 4562 and its instructions for how to compute and claim the depreciation deduction. H&r block free state tax filing   The cost of repairs includes the costs of labor, supplies, and certain other items. H&r block free state tax filing The value of your own labor is not deductible. H&r block free state tax filing Examples of repairs include: Reconditioning floors (but not replacement), Repainting the interior and exterior walls of a building, Cleaning and repairing roofs and gutters, and Fixing plumbing leaks (but not replacement of fixtures). H&r block free state tax filing Repayments. H&r block free state tax filing   If you had to repay an amount you included in your income in an earlier year, you may be able to deduct the amount repaid for the year in which you repaid it. H&r block free state tax filing Or, if the amount you repaid is more than $3,000, you may be able to take a credit against your tax for the year in which you repaid it. H&r block free state tax filing Type of deduction. H&r block free state tax filing   The type of deduction you are allowed in the year of repayment depends on the type of income you included in the earlier year. H&r block free state tax filing For instance, if you repay an amount you previously reported as a capital gain, deduct the repayment as a capital loss on Form 8949. H&r block free state tax filing If you reported it as self-employment income, deduct it as a business deduction on Schedule C or Schedule C-EZ (Form 1040) or Schedule F (Form 1040). H&r block free state tax filing   If you reported the amount as wages, unemployment compensation, or other nonbusiness ordinary income, enter it on Schedule A (Form 1040) as a miscellaneous itemized deduction that is subject to the 2% limitation. H&r block free state tax filing However, if the repayment is over $3,000 and Method 1 (discussed later) applies, deduct it on Schedule A (Form 1040) as a miscellaneous itemized deduction that is not subject to the 2% limitation. H&r block free state tax filing Repayment—$3,000 or less. H&r block free state tax filing   If the amount you repaid was $3,000 or less, deduct it from your income in the year you repaid it. H&r block free state tax filing Repayment—over $3,000. H&r block free state tax filing   If the amount you repaid was more than $3,000, you can deduct the repayment, as described earlier. H&r block free state tax filing However, you can instead choose to take a tax credit for the year of repayment if you included the income under a “claim of right. H&r block free state tax filing ” This means that at the time you included the income, it appeared that you had an unrestricted right to it. H&r block free state tax filing If you qualify for this choice, figure your tax under both methods and use the method that results in less tax. H&r block free state tax filing Method 1. H&r block free state tax filing   Figure your tax for 2013 claiming a deduction for the repaid amount. H&r block free state tax filing Method 2. H&r block free state tax filing   Figure your tax for 2013 claiming a credit for the repaid amount. H&r block free state tax filing Follow these steps. H&r block free state tax filing Figure your tax for 2013 without deducting the repaid amount. H&r block free state tax filing Refigure your tax from the earlier year without including in income the amount you repaid in 2013. H&r block free state tax filing Subtract the tax in (2) from the tax shown on your return for the earlier year. H&r block free state tax filing This is the amount of your credit. H&r block free state tax filing Subtract the answer in (3) from the tax for 2013 figured without the deduction (step 1). H&r block free state tax filing   If Method 1 results in less tax, deduct the amount repaid as discussed earlier under Type of deduction. H&r block free state tax filing   If Method 2 results in less tax, claim the credit on line 71 of Form 1040, and write “I. H&r block free state tax filing R. H&r block free state tax filing C. H&r block free state tax filing 1341” next to line 71. H&r block free state tax filing Example. H&r block free state tax filing For 2012, you filed a return and reported your income on the cash method. H&r block free state tax filing In 2013, you repaid $5,000 included in your 2012 gross income under a claim of right. H&r block free state tax filing Your filing status in 2013 and 2012 is single. H&r block free state tax filing Your income and tax for both years are as follows:   2012  With Income 2012  Without Income Taxable Income $15,000 $10,000 Tax $ 1,819 $ 1,069   2013  Without Deduction 2013  With Deduction Taxable Income $49,950 $44,950 Tax $8,423 $7,173 Your tax under Method 1 is $7,173. H&r block free state tax filing Your tax under Method 2 is $7,673, figured as follows: Tax previously determined for 2012 $ 1,819 Less: Tax as refigured − 1,069 Decrease in 2012 tax $ 750 Regular tax liability for 2013 $8,423 Less: Decrease in 2012 tax − 750 Refigured tax for 2013 $ 7,673 Because you pay less tax under Method 1, you should take a deduction for the repayment in 2013. H&r block free state tax filing Repayment does not apply. H&r block free state tax filing   This discussion does not apply to the following. H&r block free state tax filing Deductions for bad debts. H&r block free state tax filing Deductions from sales to customers, such as returns and allowances, and similar items. H&r block free state tax filing Deductions for legal and other expenses of contesting the repayment. H&r block free state tax filing Year of deduction (or credit). H&r block free state tax filing   If you use the cash method of accounting, you can take the deduction (or credit, if applicable) for the tax year in which you actually make the repayment. H&r block free state tax filing If you use any other accounting method, you can deduct the repayment or claim a credit for it only for the tax year in which it is a proper deduction under your accounting method. H&r block free state tax filing For example, if you use the accrual method, you are entitled to the deduction or credit in the tax year in which the obligation for the repayment accrues. H&r block free state tax filing Subscriptions. H&r block free state tax filing   Subscriptions to professional, technical, and trade journals that deal with your business field are deductible. H&r block free state tax filing Supplies and materials. H&r block free state tax filing   Unless you have deducted the cost in any earlier year, you generally can deduct the cost of materials and supplies actually consumed and used during the tax year. H&r block free state tax filing   If you keep incidental materials and supplies on hand, you can deduct the cost of the incidental materials and supplies you bought during the tax year if all the following requirements are met. H&r block free state tax filing You do not keep a record of when they are used. H&r block free state tax filing You do not take an inventory of the amount on hand at the beginning and end of the tax year. H&r block free state tax filing This method does not distort your income. H&r block free state tax filing   You can also deduct the cost of books, professional instruments, equipment, etc. H&r block free state tax filing , if you normally use them within a year. H&r block free state tax filing However, if the usefulness of these items extends substantially beyond the year they are placed in service, you generally must recover their costs through depreciation. H&r block free state tax filing For more information regarding depreciation see Publication 946, How To Depreciate Property. H&r block free state tax filing Utilities. H&r block free state tax filing   Business expenses for heat, lights, power, telephone service, and water and sewerage are deductible. H&r block free state tax filing However, any part due to personal use is not deductible. H&r block free state tax filing Telephone. H&r block free state tax filing   You cannot deduct the cost of basic local telephone service (including any taxes) for the first telephone line you have in your home, even if you have an office in your home. H&r block free state tax filing However, charges for business long-distance phone calls on that line, as well as the cost of a second line into your home used exclusively for business, are deductible business expenses. H&r block free state tax filing Prev  Up  Next   Home   More Online Publications
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Large Business and International Tax Center

The Large Business and International (LB&I) Division serves corporations, subchapter S corporations, and partnerships with assets greater than $10 million.

LB&I Programs and Resources

Abusive Tax Shelters and Transactions
The Internal Revenue Service has a comprehensive strategy in place to combat abusive tax shelters and transactions.

Coordinated Issue Papers - LB&I
Effective January 21, 2014, all LB&I coordinated issue papers are decoordinated.  See 1/21/14 Directive from LB&I Commissioner Maloy for details.

e-file for Large and Mid-Size Corporations
For tax years ending on or after December 31, 2006, corporations that have assets of $10 Million or more are required to electronically file their 1120/1102S income tax returns.  For tax years ending on or after December 31, 2007, foreign corporations with assets of $10 Million or more are required to electronically file their 1120-F income tax returns.

Industry Issue Resolution Program
The Industry Issue Resolution (IIR) Program resolves frequently disputed or burdensome tax issues. IRS solicits suggestions for issues for the program from taxpayers, representatives and associations.

LB&I Industry Director Guidance
LB&I Directives provide industry-related and administrative guidance to LB&I examiners to ensure consistent tax administration. The Directives do not establish Service position on legal issues and are not legal guidance.

Pre-Filing Agreement Program
The Pre-Filing Agreement Program is expected to reduce taxpayer burden and make more effective use of IRS resources by resolving or eliminating tax controversy earlier in the examination process.

Schedule M-3 for Reconciling Book to Tax Income
The Treasury Department and IRS are implementing Schedule M-3, “Net Income (Loss) Reconciliation for Corporations With Total Assets of $10 Million or More”.
 

Page Last Reviewed or Updated: 18-Mar-2014

The H&r Block Free State Tax Filing

H&r block free state tax filing 16. H&r block free state tax filing   Cómo Declarar Ganancias y Pérdidas Table of Contents Qué Hay de Nuevo Introduction Useful Items - You may want to see: Cómo Declarar Ganancias y Pérdidas de CapitalExcepción 1. H&r block free state tax filing Excepción 2. H&r block free state tax filing Presente el Formulario 1099-B o el Formulario 1099-S al IRS. H&r block free state tax filing Pérdidas de Capital Tasas Impositivas sobre Ganancias de Capital Qué Hay de Nuevo Tasas máximas de ganancias de capital. H&r block free state tax filing  Para el año 2013, las tasas máximas de ganancias de capital son del 0%, 15%, 20%, 25% y 28%. H&r block free state tax filing Introduction En este capítulo se explica cómo declarar ganancias y pérdidas de capital provenientes de ventas, intercambios y otras enajenaciones de bienes de inversión en el Formulario 8949 y el Anexo D (Formulario 1040). H&r block free state tax filing Esta explicación abarca los siguientes temas: Cómo declarar ganancias y pérdidas a corto plazo. H&r block free state tax filing Cómo declarar ganancias y pérdidas a largo plazo. H&r block free state tax filing Cómo calcular pérdidas de capital que se van a trasladar al año siguiente. H&r block free state tax filing Cómo calcular los impuestos sobre una ganancia neta de capital. H&r block free state tax filing Si vende o de otro modo enajena bienes utilizados en una ocupación o negocio o en la producción de ingresos, vea la Publicación 544, Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés, antes de completar el Anexo D (Formulario 1040). H&r block free state tax filing Useful Items - You may want to see: Publicación 537 Installment Sales (Ventas a plazos), en inglés 544 Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés 550 Investment Income and Expenses (Ingresos y gastos de inversión), en inglés Formulario (e Instrucciones) 4797 Sales of Business Property (Ventas de bienes comerciales), en inglés 6252 Installment Sale Income (Ingresos de ventas a plazos), en inglés 8582 Passive Activity Loss Limitations (Limitaciones de pérdidas en actividades pasivas), en inglés 8949 Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de activos de capital, en inglés) Anexo D (Formulario 1040) Capital Gains and Losses (Ganancias y pérdidas de capital), en inglés Cómo Declarar Ganancias y Pérdidas de Capital Declare sus ganancias y pérdidas de capital en el Formulario 8949. H&r block free state tax filing Complete el Formulario 8949 antes de completar las líneas 1b, 2, 3, 8b, 9 ó 10 del Anexo D (Formulario 1040). H&r block free state tax filing Use el Formulario 8949 para declarar: La venta o intercambio de un activo de capital, la cual no se declaró en ningún otro formulario o anexo, Ganancias por canjes involuntarios (aparte de cuando se deba a un hecho fortuito o un robo) de activos de capital que no sirven para propósitos de negocio o lucro y Deudas incobrables que no provienen del negocio. H&r block free state tax filing Use el Anexo D (Formulario 1040): Para calcular la ganancia o pérdida total de las transacciones declaradas en el Formulario 8949; Para declarar una ganancia proveniente del Formulario 6252 o de la Parte I del Formulario 4797; Para declarar una ganancia o pérdida proveniente del Formulario 4684, 6781 u 8824; Para declarar distribuciones de ganancias de capital no declaradas directamente en el Formulario 1040 o en el Formulario 1040A; Para declarar una pérdida de capital trasladada del año tributario anterior al año tributario actual; Para declarar su parte de una ganancia (o pérdida) de una sociedad colectiva, sociedad anónima de tipo S, caudal hereditario o fideicomiso; Para declarar las transacciones informadas a usted en el Formulario 1099-B (o documento sustitutivo), el cual muestra las bases informadas al IRS y al cual no corresponde ninguno de los ajustes o códigos del Formulario 8949; y Para declarar ganancias de capital a largo plazo no distribuidas provenientes del Formulario 2439. H&r block free state tax filing Anote en el Formulario 8949 todas las ventas e intercambios de activos de capital (incluyendo acciones, bonos, etc. H&r block free state tax filing ) y de bienes raíces (si no se declararon en el Formulario 4684, 4797, 6252, 6781 u 8824 o la línea 1a u 8a del Anexo D). H&r block free state tax filing Declare estas transacciones aun si usted no recibió un Formulario 1099-B o 1099-S (u otra declaración sustitutiva) para la transacción. H&r block free state tax filing Declare las ganancias o pérdidas a corto plazo en la Parte I. H&r block free state tax filing Declare ganancias y pérdidas a largo plazo en la Parte II. H&r block free state tax filing Use cuantos Formularios 8949 sean necesarios. H&r block free state tax filing Excepciones a la presentación del Formulario 8949 y el Anexo D (Formulario 1040). H&r block free state tax filing   Hay ciertas circunstancias bajo las cuales usted tal vez no tenga que presentar el Formulario 8949 ni el Anexo D (Formulario 1040). H&r block free state tax filing Excepción 1. H&r block free state tax filing   Usted no tiene que presentar el Formulario 8949 ni el Anexo D (Formulario 1040) si no tiene pérdidas de capital y sus únicas ganancias de capital son distribuciones de ganancia de capital correspondientes al (los) recuadro(s) 2a del (de los) Formulario(s) 1099-DIV (o declaraciones sustitutivas). H&r block free state tax filing (Si alguno de los Formularios 1099-DIV (o declaraciones sustitutivas) que usted recibe indica una cifra en el recuadro 2b (ganancias no recuperadas conforme a la sección 1250), el recuadro 2c (ganancias conforme a la sección 1202) o el recuadro 2d (ganancias (tasas de 28%) por la venta de objetos coleccionables, usted no reúne los requisitos para esta excepción). H&r block free state tax filing Si reúne los requisitos para esta excepción, declare sus distribuciones de ganancia de capital directamente en la línea 13 del Formulario 1040 y marque el recuadro en la línea 13. H&r block free state tax filing También debe utillizar la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para impuestos sobre dividendos y ganancias de capital), que encontrará en las Instrucciones del Formulario 1040, para calcular su impuesto. H&r block free state tax filing Usted pede declarar sus distribuciones de ganancias de capital en la línea 10 del Formulario 1040A, en vez del Formulario 1040, si ninguno de los Formularios 1099-DIV (o declaraciones sustitutivas) que usted recibió indica una cifra en los recuadros 2b, 2c o 2d y usted no tiene que presentar el Formulario 1040. H&r block free state tax filing Excepción 2. H&r block free state tax filing   Usted tiene que presentar el Anexo D (Formulario 1040), pero por lo general no tiene que presentar el Formulario 8949 si la Excepción 1 no le corresponde y sus únicas ganancias y pérdidas de capital son: Distribuciones de ganancias de capital; Una pérdida de capital trasladada de un año anterior; Una ganancia correspondiente al Formulario 2439 ó 6252, o de la Parte I del Formulario 4797; Una ganancia o pérdida correspondiente al Formulario 4684, 6781 u 8824; Una ganancia o pérdida de una sociedad colectiva, sociedad anónima de tipo S, un caudal hereditario o fideicomiso; Ganancias y pérdidas de transacciones por las cuales usted recibió el Formulario 1099-B (o un documento sustitutivo), el cual muestra las bases informadas al IRS y por lo cual no necesita hacer ningún ajuste en la columna (g) del Formulario 8949 ni anotar ningún código en la columna (f) del Formulario 8949. H&r block free state tax filing Ventas a plazos. H&r block free state tax filing   No puede utilizar el método de pago a plazos para declarar una ganancia proveniente de la venta de acciones o valores bursátiles cotizados en un mercado de valores bursátiles establecido. H&r block free state tax filing Tiene que declarar la totalidad de la ganancia en el año de la venta (el año en el que ocurra la fecha de canje). H&r block free state tax filing Ganancias y pérdidas provenientes de una actividad pasiva. H&r block free state tax filing    Si tiene pérdidas o ganancias provenientes de una actividad pasiva, es posible que tenga que declararlas también en el Formulario 8582. H&r block free state tax filing En ciertos casos, la pérdida puede ser limitada conforme a las reglas de actividad pasiva. H&r block free state tax filing Consulte el Formulario 8582 y sus instrucciones correspondientes por separado para obtener información adicional sobre la declaración de ganancias y pérdidas de capital producto de una actividad pasiva. H&r block free state tax filing Transacciones que se declaran en el Formulario 1099-B. H&r block free state tax filing   Si vendió bienes, como acciones, bonos o ciertos productos de consumo bursátiles, a través de un agente corredor bursátil, éste debe entregarle un Formulario 1099-B o documento sustitutivo. H&r block free state tax filing Utilice el Formulario 1099-B o el documento sustitutivo para completar el Formulario 8949. H&r block free state tax filing Si usted vendió un valor bursátil garantizado en 2013, su agente corredor bursátil le mandará un Formulario 1099-B (o declaración sustitutiva) que le indica la base. H&r block free state tax filing Esto le ayudará a completar el Formulario 8949. H&r block free state tax filing Por lo general, los valores bursátiles garantizados son aquéllos que usted adquirió después del año 2010. H&r block free state tax filing   Declare las ganancias brutas que aparezcan en el recuadro 2a del Formulario 1099-B como el precio de venta en la columna (d) de la Parte I o la Parte II del Formulario 8949, según le corresponda a su caso. H&r block free state tax filing No obstante, si el agente corredor bursátil indica, en el recuadro 2a del Formulario 1099-B, haber declarado al IRS las ganancias brutas (precio de venta) menos comisiones y primas de opciones, anote el precio neto de venta resultante en la columna (d) de la Parte I o de la Parte II del Formulario 8949, según le corresponda a su caso. H&r block free state tax filing   Incluya en la columna (g) todo gasto de venta, tal como honorarios de agente corredor bursátil, comisiones, impuestos de traspaso locales y estatales y primas de opciones, a menos que usted haya declarado el precio neto de venta en la columna (d). H&r block free state tax filing Si incluye un gasto de venta en la columna (g), anote “E” en la columna (f). H&r block free state tax filing Transacciones que se declaran en el Formulario 1099-CAP. H&r block free state tax filing   Si es dueño de acciones de una sociedad anónima en cuyo control o estructura de capital haya habido cambios importantes, dicha sociedad debe enviarle el Formulario 1099-CAP o documento sustitutivo. H&r block free state tax filing Utilice el Formulario 1099-CAP o documento sustitutivo para completar el Formulario 8949. H&r block free state tax filing Si sus cálculos indican que, debido al cambio, usted tendría una pérdida, no anote ninguna cantidad en el Formulario 8949 ni en el Anexo D (Formulario 1040). H&r block free state tax filing Esta transacción no le da la posibilidad de declarar una pérdida en el Anexo D (Formulario 1040). H&r block free state tax filing   Declare el total de la cantidad recibida indicado en el recuadro 2 del Formulario 1099-CAP como el precio de venta en la columna (d) de la Parte I o de la Parte II del Formulario 8949, según le corresponda a su caso. H&r block free state tax filing Transacciones que se declaran en el Formulario 1099-S. H&r block free state tax filing   Si vendió o canjeó bienes raíces que han de declararse, normalmente la persona encargada de comunicar transacciones de bienes raíces debe entregarle un Formulario 1099-S en el que se indiquen las ganancias brutas. H&r block free state tax filing    “Bienes raíces que han de declararse” son toda participación en una propiedad actual o futura en cualesquiera de los siguientes casos: Terrenos con o sin mejoras, incluido el espacio aéreo; Estructuras intrínsecamente permanentes, incluido todo edificio residencial, comercial o industrial; Una unidad de condominio y sus instalaciones accesorias y elementos comunes, incluido el terreno; y Acciones de cooperativa de viviendas en sociedad anónima (como se define en la sección 216 del Código de Impuestos Internos). H&r block free state tax filing   Una “persona encargada de comunicar transacciones de bienes raíces” puede ser el abogado del comprador, el abogado de usted, una compañía de escrituras de propiedad o de cuentas en depósito, un prestamista hipotecario, el agente corredor bursátil de usted, el agente corredor bursátil del comprador o la persona que adquiera la mayor participación en la propiedad. H&r block free state tax filing   El Formulario 1099-S indicará las ganancias brutas de la venta o el intercambio en el recuadro 2. H&r block free state tax filing Consulte las Instrucciones para el Formulario 8949 y las Instrucciones para el Anexo D (Formulario 1040) para saber cómo se declaran estas transacciones e incluirlas en la Parte I o Parte II del Formulario 8949, tal como le corresponda a su caso. H&r block free state tax filing No obstante, declare los intercambios por bienes del mismo tipo en el Formulario 8824. H&r block free state tax filing   Es ilegal que una persona encargada de comunicar transacciones de bienes raíces le cobre un cargo por separado por cumplir con el requisito de presentación del Formulario 1099-S. H&r block free state tax filing Nominatarios. H&r block free state tax filing   Si recibe ganancias brutas como nominatario (es decir, las ganancias brutas están a nombre suyo pero en realidad pertenecen a otra persona), vea las Instrucciones para el Formulario 8949, para saber cómo declarar estas cantidades en el Formulario 8949. H&r block free state tax filing Presente el Formulario 1099-B o el Formulario 1099-S al IRS. H&r block free state tax filing   Si recibió ganancias brutas en calidad de nominatario en 2013, tiene que presentar al IRS el Formulario 1099-B o el Formulario 1099-S correspondiente a dichas ganancias. H&r block free state tax filing Envíe el Formulario 1099-B o el Formulario 1099-S junto con el Formulario 1096, Annual Summary and Transmittal of U. H&r block free state tax filing S. H&r block free state tax filing Information Returns (Resumen e informe anual de declaraciones informativas de los Estados Unidos), en inglés, al Centro de Servicio del Servicio de Impuestos Internos que le corresponda a más tardar el 28 de febrero de 2014 (31 de marzo de 2014, si presenta el Formulario 1099-B o el Formulario 1099-S por vía electrónica). H&r block free state tax filing Entregue la Copia B del Formulario 1099-B o del Formulario 1099-S al verdadero dueño de dichas ganancias a más tardar el 18 de febrero de 2014. H&r block free state tax filing En el Formulario 1099-B, usted debe constar como “Payer” (Pagador). H&r block free state tax filing El otro dueño debe constar como “Recipient” (Destinatario). H&r block free state tax filing En el Formulario 1099-S, usted debe constar como “Filer” (Declarante). H&r block free state tax filing El otro dueño debe constar como “Transferor” (Cesionista). H&r block free state tax filing No obstante, usted no tiene que presentar el Formulario 1099-B ni el Formulario 1099-S para mostrar las ganancias de su cónyuge. H&r block free state tax filing Para más información acerca de los requisitos de presentación de ciertas declaraciones informativas y las multas por no presentar (o facilitar) dichas declaraciones, vea las General Instructions for Certain Information Returns (Instrucciones generales para determinadas declaraciones informativas), en inglés. H&r block free state tax filing Si presenta la declaración electrónicamente, vea la Publicación 1220, en inglés. H&r block free state tax filing Venta de bienes comprados en diferentes ocasiones. H&r block free state tax filing   Si vende un paquete de acciones u otros bienes que haya comprado en diferentes ocasiones, declare la pérdida o ganancia a corto plazo procedente de la venta en una fila de la Parte I del Formulario 8949 y anote la pérdida o ganancia a largo plazo en una fila de la Parte II del Formulario 8949. H&r block free state tax filing Escriba “Various” (Varios) en la columna (b) para la “Date acquired” (Fecha de adquisición). H&r block free state tax filing Gastos de venta. H&r block free state tax filing    En la columna (g) del Formulario 8949, incluya todo gasto de venta, como honorarios de agentes corredores bursátiles, comisiones, impuestos estatales y locales sobre traspasos y primas de opciones, a menos que usted haya declarado el precio neto de ventas en la columna (d). H&r block free state tax filing Si usted incluyó un gasto de venta en la columna (g), anote “E” en la columna (f). H&r block free state tax filing   Para más información sobre los ajustes a la base, vea el capítulo 13. H&r block free state tax filing Ganancias y pérdidas a corto plazo. H&r block free state tax filing   Las ganancias o pérdidas de capital sobre la venta o canje de bienes de inversión que haya tenido por 1 año o menos se consideran pérdidas o ganancias de capital a corto plazo. H&r block free state tax filing Declárelas en la Parte I del Formulario 8949. H&r block free state tax filing   Sume su parte de pérdidas o ganancias de capital a corto plazo provenientes de sociedades colectivas, sociedades anónimas de tipo S, caudales hereditarios y fideicomisos, además de toda pérdida de capital a corto plazo que se haya trasladado de un año anterior, con las demás ganancias y pérdidas de capital a corto plazo para calcular la pérdida o ganancia de capital neta a corto plazo en la línea 7 del Anexo D (Formulario 1040). H&r block free state tax filing Ganancias y pérdidas a largo plazo. H&r block free state tax filing    Una ganancia o pérdida de capital sobre la venta o canje de bienes de inversión que haya tenido durante más de 1 año se considera ganancia o pérdida de capital a largo plazo. H&r block free state tax filing Declárela en la Parte II del Formulario 8949. H&r block free state tax filing   Usted debe declarar lo siguiente en la Parte II del Anexo D (Formulario 1040): Ganancias de capital a largo plazo de un fondo mutuo (u otra sociedad inversionista reglamentada) o de una sociedad de inversión inmobiliaria (REIT, por sus siglas en inglés) que no hayan sido distribuidas; Su participación de las ganancias y pérdidas de capital a largo plazo de sociedades colectivas, sociedades anónimas de tipo S, caudales hereditarios y fideicomisos; Toda distribución de ganancia de capital proveniente de fondos mutuos y sociedades de inversión inmobiliaria (REIT) que no se haya declarado directamente en la línea 10 del Formulario 1040A o la línea 13 del Formulario 1040; y Pérdidas de capital a largo plazo trasladadas de un año anterior. H&r block free state tax filing    El resultado que se dé después de sumar dichas cantidades con las demás ganancias de capital a largo plazo y restar las pérdidas de capital a largo plazo es la ganancia o pérdida de capital neta a largo plazo (línea 15 del Anexo D (Formulario 1040)). H&r block free state tax filing Total de la ganancia o pérdida neta. H&r block free state tax filing   Para calcular el total de la ganancia o pérdida neta, sume la ganancia o pérdida de capital neta a corto plazo (línea 7 del Anexo D (Formulario 1040)) con la pérdida o ganancia de capital neta a largo plazo (línea 15 del Anexo D (Formulario 1040)). H&r block free state tax filing Anote el resultado en la línea 16 de la Parte III del Anexo D (Formulario 1040). H&r block free state tax filing Si tiene pérdidas que sobrepasen las ganancias, vea Pérdidas de Capital , que se encuentra a continuación. H&r block free state tax filing Si las líneas 15 y 16 del Anexo D (Formulario 1040) son ganancias y el ingreso sujeto a impuestos en su Formulario 1040 es mayor de cero, vea Tasas Impositivas sobre Ganancias de Capital , más adelante. H&r block free state tax filing Pérdidas de Capital Si las pérdidas de capital son mayores que las ganancias de capital, se puede declarar una deducción por pérdida de capital. H&r block free state tax filing Declare la cantidad de la deducción en la línea 13 del Formulario 1040, anotándola entre paréntesis. H&r block free state tax filing Límite sobre la deducción. H&r block free state tax filing   La deducción por ganancia de capital permisible, calculada en el Anexo D (Formulario 1040), es la cantidad que sea menor de las siguientes: $3,000 ($1,500 si es casado y presenta una declaración por separado) o El total de la pérdida neta tal como aparece en la línea 16 del Anexo D (Formulario 1040). H&r block free state tax filing   Puede usar el total de la pérdida neta para reducir sus ingresos en una cantidad equivalente, hasta el límite de $3,000. H&r block free state tax filing Traslado de pérdida de capital. H&r block free state tax filing   Si el total de la pérdida neta en la línea 16 del Anexo D (Formulario 1040) sobrepasa el límite anual de las deducciones de pérdida de capital, puede trasladar al año siguiente la parte sobrante y tratarla como si hubiera incurrido en la misma durante ese próximo año. H&r block free state tax filing Si una parte de la pérdida sigue sin usarse, puede trasladarla a años posteriores hasta que se agote. H&r block free state tax filing   Cuando calcule una cantidad de pérdida de capital que se trasladará al año siguiente, tiene que tener en cuenta la deducción permisible del año en curso, la haya reclamado o no, e independientemente de si presentó o no una declaración correspondiente al año en curso. H&r block free state tax filing   Cuando traslade una pérdida a un año posterior, ésta sigue siendo una pérdida a largo plazo o corto plazo. H&r block free state tax filing Una pérdida de capital a largo plazo que usted traslade al año tributario siguiente reducirá las ganancias de capital a largo plazo de dicho año antes de reducir las ganancias de capital a corto plazo de dicho año. H&r block free state tax filing Cálculo de la cantidad trasladada al año siguiente. H&r block free state tax filing   La cantidad de la pérdida de capital a trasladarse al año siguiente es la cantidad de pérdida neta total que sea mayor que la cantidad menor entre: La deducción por pérdida de capital permisible durante el año o Sus ingresos sujetos a impuestos aumentados por la deducción por pérdida de capital permisible durante el año y la deducción por exenciones personales. H&r block free state tax filing   Si las deducciones son mayores que sus ingresos brutos del año tributario, utilice los ingresos negativos sujetos a impuestos al calcular la cantidad en el punto (2). H&r block free state tax filing    Complete la Capital Loss Carryover Worksheet (Hoja de trabajo para calcular la pérdida de capital a trasladarse a años posteriores) en las Instrucciones del Anexo D o la Publicación 550, en inglés, para calcular la parte de la pérdida de capital que se pueda trasladar. H&r block free state tax filing Ejemplo. H&r block free state tax filing Roberto y Gloria vendieron valores bursátiles en 2013. H&r block free state tax filing Las ventas dieron por resultado una pérdida de capital de $7,000. H&r block free state tax filing No hicieron otras transacciones de capital. H&r block free state tax filing Sus ingresos sujetos a impuestos fueron $26,000. H&r block free state tax filing En la declaración conjunta de 2013, pueden deducir $3,000. H&r block free state tax filing La parte de la pérdida que no usaron, $4,000 ($7,000 − $3,000), se puede trasladar a 2014. H&r block free state tax filing Si la pérdida de capital hubiera sido $2,000, la deducción por pérdida de capital también habría sido $2,000. H&r block free state tax filing No tendrían cantidad alguna a trasladar al año siguiente. H&r block free state tax filing Utilice primero las pérdidas a corto plazo. H&r block free state tax filing   Cuando calcule la cantidad a trasladarse al año siguiente, utilice primero las pérdidas de capital a corto plazo, aunque haya incurrido en las mismas después de una pérdida de capital a largo plazo. H&r block free state tax filing Si no ha alcanzado el límite de la deducción por pérdidas de capital después de haber utilizado las pérdidas de capital a corto plazo, utilice las pérdidas de capital a largo plazo hasta alcanzar el límite. H&r block free state tax filing Pérdida de capital de un difunto. H&r block free state tax filing    Una pérdida de capital sufrida por una persona en su último año tributario antes de fallecer (o que se haya traspasado de un año anterior a dicho año) se puede deducir sólo en la última declaración del impuesto sobre el ingreso personal que se presente a nombre del difunto. H&r block free state tax filing Los límites de pérdida de capital explicados anteriormente aún corresponden en este caso. H&r block free state tax filing El caudal hereditario (patrimonio) del difunto no puede deducir ninguna parte de la pérdida ni trasladarla a años posteriores. H&r block free state tax filing Declaraciones conjuntas y separadas. H&r block free state tax filing   Si antes usted y su cónyuge presentaban declaraciones por separado y ahora presentan una declaración conjunta, sume las cantidades de pérdida de capital que cada uno de ustedes haya trasladado a un año siguiente. H&r block free state tax filing No obstante, si antes usted y su cónyuge presentaban una declaración conjunta y ahora presentan declaraciones por separado, toda pérdida de capital que se haya trasladado a un año siguiente se puede deducir sólo en la declaración del cónyuge que de hecho sufrió la pérdida. H&r block free state tax filing Tasas Impositivas sobre Ganancias de Capital Las tasas impositivas correspondientes a una ganancia neta de capital suelen ser más bajas que las que corresponden a otros ingresos. H&r block free state tax filing Estas tasas reducidas se conocen como las “tasas máximas de ganancias de capital”. H&r block free state tax filing El término “ganancia neta de capital” designa la cantidad por la que la ganancia neta de capital a largo plazo del año supera la pérdida de capital neta a corto plazo. H&r block free state tax filing Para el año 2013, las tasas máximas correspondientes a ganancias de capital son 0%, 15%, 20%, 25% y 28%. H&r block free state tax filing Vea la Tabla 16-1, para obtener información detallada. H&r block free state tax filing Si para calcular el impuesto utiliza las tasas máximas correspondientes a ganancias de capital y el cálculo normal de impuestos le resulta en unos impuestos más bajos, el cálculo normal de impuestos es el que le corresponde. H&r block free state tax filing Ejemplo. H&r block free state tax filing Su ganancia neta de capital proviene en su totalidad de la venta de artículos coleccionables, por lo tanto, la tasa correspondiente a la ganancia de capital es 28%. H&r block free state tax filing Si de otro modo está sujeto a una tasa menor del 28%, la tasa del 28% no corresponde. H&r block free state tax filing Deducción de los intereses de inversiones. H&r block free state tax filing   Si declara una deducción de intereses de inversiones, tal vez tenga que reducir la cantidad de su ganancia neta de capital que reúna los requisitos para las tasas impositivas sobre ganancias de capital. H&r block free state tax filing Réstele la cantidad de la ganancia neta de capital que opte por incluir en los ingresos de inversiones al calcular el límite de la deducción de los mismos. H&r block free state tax filing Para hacer esto, se utiliza la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D) en las Instrucciones para el Anexo D (Formulario 1040), en inglés, o la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para los impuestos sobre dividendos calificados y ganancias de capital), que se encuentra en las instrucciones por separado correspondientes a los Formularios 1040 y 1040A, en inglés. H&r block free state tax filing Para más información acerca del límite de los intereses procedentes de inversiones, vea Interest Expenses (Gastos de intereses) en el capítulo 3 de la Publicación 550, en inglés. H&r block free state tax filing Tabla 16-1. H&r block free state tax filing ¿Cuál es la Tasa Máxima de Ganancias de Capital que le Corresponde? SI la ganancia neta de capital se deriva de . H&r block free state tax filing . H&r block free state tax filing . H&r block free state tax filing ENTONCES la  tasa máxima de  ganancia de capital es . H&r block free state tax filing . H&r block free state tax filing . H&r block free state tax filing una ganancia producto de artículos coleccionables 28% una ganancia, la cual reúne los requisitos, sobre acciones de pequeños negocios calificados menos la exclusión conforme a la sección 1202 28% una ganancia conforme a la sección 1250 no recuperada 25% otra ganancia1 y la tasa impositiva normal correspondiente es 39. H&r block free state tax filing 6% 20% otra ganancia1 y la tasa impositiva normal correspondiente es 25%, 28%, 33% o 35% 15% otra ganancia1 y la tasa impositiva normal correspondiente es 10% o 15% 0% 1 El término “otra ganancia” significa toda ganancia que no sea una ganancia procedente de artículos coleccionables, ganancia sobre acciones de pequeños negocios calificados o una ganancia conforme a la sección 1250 no recuperada. H&r block free state tax filing     Ganancia o pérdida procedente de artículos coleccionables. H&r block free state tax filing   Ésta es una ganancia o pérdida que se deriva de la venta o canje de una obra de arte, alfombra, antigüedad, metal (como oro, plata y platino en barras), piedra preciosa, estampilla o sello, moneda o bebida alcohólica que haya tenido más de 1 año. H&r block free state tax filing   Se considera que una ganancia procedente de artículos coleccionables abarca las ganancias resultantes de la venta de una participación en una sociedad colectiva, sociedad anónima de tipo S o fideicomiso, generadas por una plusvalía no realizada de dichos artículos coleccionables. H&r block free state tax filing Ganancia sobre acciones de pequeños negocios calificados. H&r block free state tax filing    Si obtuvo una ganancia de acciones de pequeños negocios calificados y fue dueño de dichas acciones durante más de 5 años, normalmente puede excluir de los ingresos una parte o la totalidad de su ganancia bajo la sección 1202. H&r block free state tax filing La ganancia que cumple los requisitos, menos la exclusión conforme a la sección 1202, es una ganancia con una tasa de 28%. H&r block free state tax filing Vea Gains on Qualified Small Business Stock (Ganancias de acciones de pequeños negocios calificados) en el capítulo 4 de la Publicación 550, en inglés. H&r block free state tax filing Ganancia conforme a la sección 1250 no recuperada. H&r block free state tax filing    Por lo general, ésta es toda parte de la ganancia de capital que se haya originado por la venta de bienes conforme a la sección 1250 (bienes raíces) debido a depreciación (pero no más que la ganancia neta conforme a la sección 1231) menos toda pérdida neta en el grupo del 28%. H&r block free state tax filing Use la Unrecaptured Section 1250 Gain Worksheet (Hoja de trabajo de ganancias no recuperadas conforme a la sección 1250) de las Instrucciones del Anexo D (Formulario 1040), en inglés, para calcular la ganancia no recuperada conforme a la sección 1250. H&r block free state tax filing Para más información sobre bienes conforme a la sección 1250 y ganancias conforme a la sección 1231, vea el capítulo 3 de la Publicación 544, en inglés. H&r block free state tax filing Cálculo de los impuestos a base de las tasas máximas de ganancias de capital. H&r block free state tax filing   Utilice la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para los impuestos sobre dividendos calificados y ganancias de capital) o la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D), la que corresponda, para calcular su impuesto si ha recibido dividendos calificados o ganancia neta de capital. H&r block free state tax filing Tiene ganancia neta de capital si las cantidades de las líneas 15 y 16 del Anexo D ambas son ganancias. H&r block free state tax filing Hoja de trabajo para los impuestos del Anexo D. H&r block free state tax filing   Utilice la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D) que se encuentra en las Instrucciones del Anexo D (Formulario 1040) para calcular el impuesto si se dan las siguientes condiciones: Tiene que presentar el Anexo D (Formulario 1040) y La cantidad de la línea 18 (ganancia a una tasa de 28%) o la línea 19 (ganancia no recuperada conforme a la sección 1250) del Anexo D (Formulario 1040) es mayor de cero. H&r block free state tax filing Hoja de trabajo para el impuesto sobre dividendos calificados y ganancias de capital. H&r block free state tax filing   Utilice la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para el impuesto sobre los dividendos calificados y ganancias de capital) de las instrucciones del Formulario 1040 o Formulario 1040A (el que presente) para calcular el impuesto si no tiene que utilizar la Hoja de trabajo para los impuestos del Anexo D (como se explica anteriormente) y corresponde cualquiera de los siguientes puntos: Recibió dividendos calificados. H&r block free state tax filing (Vea Dividendos Calificados en el capítulo 8). H&r block free state tax filing No tiene que presentar el Anexo D (Formulario 1040) y recibió distribuciones de ganancias de capital. H&r block free state tax filing (Vea Excepciones a la presentación del Formulario 8949 y el Anexo D (Formulario 1040) , anteriormente). H&r block free state tax filing Las cantidades de las líneas 15 y 16 del Anexo D (Formulario 1040) son mayores de cero. H&r block free state tax filing Impuesto mínimo alternativo. H&r block free state tax filing   Estas tasas de ganancias de capital se utilizan también para calcular el impuesto mínimo alternativo. H&r block free state tax filing Prev  Up  Next   Home   More Online Publications