File your Taxes for Free!
  • Get your maximum refund*
  • 100% accurate calculations guaranteed*

TurboTax Federal Free Edition - File Taxes Online

Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!

Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.


© 2012 - 2018 All rights reserved.

This is an Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among other are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
When discussing "Free e-file", note that state e-file is an additional fee. E-file fees do not apply to New York state returns. Prices are subject to change without notice. E-file and get your refund faster
*If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
*Maximum Refund Guarantee - or Your Money Back: If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.99 and a refund of your state purchase price paid. Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/15/14. E-file, Audit Defense, Professional Review, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee. *We're so confident your return will be done right, we guarantee it. Accurate calculations guaranteed. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
https://turbotax.intuit.com/corp/guarantees.jsp

How To File 2009 Taxes Online

2012 Free State Tax Filing1040nrH&r Block Key Code Free State FilingHandr BlockCan I Efile 2012 TaxesFile 2011 Tax Return FreeFile 2011 State TaxesCan You Efile A 1040xFree Downloadable Irs Tax FormsHrblock OnlineFree State FileFree Website For Filing State TaxesE File 2012 Federal Tax Return1040ez 2011 Instructions1090 Ez Form2012 Tax Forms 1040 EzIrs Gov FreefileFull Time Student Filing Taxes40 Ez Form1040 Form 20122011 Tax Form 1040Free State Tax ReturnsFile 2013 State TaxesIrs Free File 2012File Tax AmendmentI Need To File My 2012 Tax ReturnFederal Tax FormsE File Amended 1040xH&r Block Military Key CodeFile Taxes Free State And FederalFile Tax Extension 2011Free Tax Return CalculatorHow To File 1040x FormFile Prior Year Taxes2009 Tax Returns OnlineHow Do I File 2011 Taxes Now2012 1040 FormsTax Forms 2012 Federal 1040Software To File 1040nr2013 State Income Tax Forms

How To File 2009 Taxes Online

How to file 2009 taxes online 10. How to file 2009 taxes online   Retirement Plans, Pensions, and Annuities Table of Contents What's New Reminder IntroductionThe General Rule. How to file 2009 taxes online Individual retirement arrangements (IRAs). How to file 2009 taxes online Civil service retirement benefits. How to file 2009 taxes online Useful Items - You may want to see: General InformationIn-plan rollovers to designated Roth accounts. How to file 2009 taxes online How To Report Cost (Investment in the Contract) Taxation of Periodic PaymentsExclusion limited to cost. How to file 2009 taxes online Exclusion not limited to cost. How to file 2009 taxes online Simplified Method Taxation of Nonperiodic PaymentsLump-Sum Distributions RolloversIn-plan rollovers to designated Roth accounts. How to file 2009 taxes online Special Additional TaxesTax on Early Distributions Tax on Excess Accumulation Survivors and Beneficiaries What's New For purposes of the Net Investment Income Tax (NIIT), net investment income does not include distributions from a qualified retirement plan (for example, 401(a), 403(a), 403(b), 408, 408A, or 457(b) plans). How to file 2009 taxes online However, these distributions are taken into account when determining the modified adjusted gross income threshold. How to file 2009 taxes online Distributions from a nonqualified retirement plan are included in net investment income. How to file 2009 taxes online See Form 8960, Net Investment Income Tax - Individuals, Estates, and Trusts, and its instructions for more information. How to file 2009 taxes online Reminder Starting in 2013, the American Taxpayer Relief Act of 2012 expanded the rules for in-plan Roth rollovers to include more taxpayers. How to file 2009 taxes online For more information, see Designated Roth accounts discussed later. How to file 2009 taxes online Introduction This chapter discusses the tax treatment of distributions you receive from: An employee pension or annuity from a qualified plan, A disability retirement, and A purchased commercial annuity. How to file 2009 taxes online What is not covered in this chapter. How to file 2009 taxes online   The following topics are not discussed in this chapter. How to file 2009 taxes online The General Rule. How to file 2009 taxes online   This is the method generally used to determine the tax treatment of pension and annuity income from nonqualified plans (including commercial annuities). How to file 2009 taxes online For a qualified plan, you generally cannot use the General Rule unless your annuity starting date is before November 19, 1996. How to file 2009 taxes online For more information about the General Rule, see Publication 939, General Rule for Pensions and Annuities. How to file 2009 taxes online Individual retirement arrangements (IRAs). How to file 2009 taxes online   Information on the tax treatment of amounts you receive from an IRA is in chapter 17. How to file 2009 taxes online Civil service retirement benefits. How to file 2009 taxes online    If you are retired from the federal government (regular, phased, or disability retirement), see Publication 721, Tax Guide to U. How to file 2009 taxes online S. How to file 2009 taxes online Civil Service Retirement Benefits. How to file 2009 taxes online Publication 721 also covers the information that you need if you are the survivor or beneficiary of a federal employee or retiree who died. How to file 2009 taxes online Useful Items - You may want to see: Publication 575 Pension and Annuity Income 721 Tax Guide to U. How to file 2009 taxes online S. How to file 2009 taxes online Civil Service Retirement Benefits 939 General Rule for Pensions and Annuities Form (and Instructions) W-4P Withholding Certificate for Pension or Annuity Payments 1099-R Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. How to file 2009 taxes online 4972 Tax on Lump-Sum Distributions 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts General Information Designated Roth accounts. How to file 2009 taxes online   A designated Roth account is a separate account created under a qualified Roth contribution program to which participants may elect to have part or all of their elective deferrals to a 401(k), 403(b), or 457(b) plan designated as Roth contributions. How to file 2009 taxes online Elective deferrals that are designated as Roth contributions are included in your income. How to file 2009 taxes online However, qualified distributions are not included in your income. How to file 2009 taxes online See Publication 575 for more information. How to file 2009 taxes online In-plan rollovers to designated Roth accounts. How to file 2009 taxes online   If you are a participant in a 401(k), 403(b), or 457(b) plan, your plan may permit you to roll over amounts in those plans to a designated Roth account within the same plan. How to file 2009 taxes online The rollover of any untaxed amounts must be included in income. How to file 2009 taxes online See Publication 575 for more information. How to file 2009 taxes online More than one program. How to file 2009 taxes online   If you receive benefits from more than one program under a single trust or plan of your employer, such as a pension plan and a profit-sharing plan, you may have to figure the taxable part of each pension or annuity contract separately. How to file 2009 taxes online Your former employer or the plan administrator should be able to tell you if you have more than one pension or annuity contract. How to file 2009 taxes online Section 457 deferred compensation plans. How to file 2009 taxes online    If you work for a state or local government or for a tax-exempt organization, you may be able to participate in a section 457 deferred compensation plan. How to file 2009 taxes online If your plan is an eligible plan, you are not taxed currently on pay that is deferred under the plan or on any earnings from the plan's investment of the deferred pay. How to file 2009 taxes online You are generally taxed on amounts deferred in an eligible state or local government plan only when they are distributed from the plan. How to file 2009 taxes online You are taxed on amounts deferred in an eligible tax-exempt organization plan when they are distributed or otherwise made available to you. How to file 2009 taxes online   Your 457(b) plan may have a designated Roth account option. How to file 2009 taxes online If so, you may be able to roll over amounts to the designated Roth account or make contributions. How to file 2009 taxes online Elective deferrals to a designated Roth account are included in your income. How to file 2009 taxes online Qualified distributions from a designated Roth account are not subject to tax. How to file 2009 taxes online   This chapter covers the tax treatment of benefits under eligible section 457 plans, but it does not cover the treatment of deferrals. How to file 2009 taxes online For information on deferrals under section 457 plans, see Retirement Plan Contributions under Employee Compensation in Publication 525, Taxable and Nontaxable Income. How to file 2009 taxes online   For general information on these deferred compensation plans, see Section 457 Deferred Compensation Plans in Publication 575. How to file 2009 taxes online Disability pensions. How to file 2009 taxes online   If you retired on disability, you generally must include in income any disability pension you receive under a plan that is paid for by your employer. How to file 2009 taxes online You must report your taxable disability payments as wages on line 7 of Form 1040 or Form 1040A until you reach minimum retirement age. How to file 2009 taxes online Minimum retirement age generally is the age at which you can first receive a pension or annuity if you are not disabled. How to file 2009 taxes online    You may be entitled to a tax credit if you were permanently and totally disabled when you retired. How to file 2009 taxes online For information on the credit for the elderly or the disabled, see chapter 33. How to file 2009 taxes online   Beginning on the day after you reach minimum retirement age, payments you receive are taxable as a pension or annuity. How to file 2009 taxes online Report the payments on Form 1040, lines 16a and 16b, or on Form 1040A, lines 12a and 12b. How to file 2009 taxes online    Disability payments for injuries incurred as a direct result of a terrorist attack directed against the United States (or its allies) are not included in income. How to file 2009 taxes online For more information about payments to survivors of terrorist attacks, see Publication 3920, Tax Relief for Victims of Terrorist Attacks. How to file 2009 taxes online   For more information on how to report disability pensions, including military and certain government disability pensions, see chapter 5. How to file 2009 taxes online Retired public safety officers. How to file 2009 taxes online   An eligible retired public safety officer can elect to exclude from income distributions of up to $3,000 made directly from a government retirement plan to the provider of accident, health, or long-term disability insurance. How to file 2009 taxes online See Insurance Premiums for Retired Public Safety Officers in Publication 575 for more information. How to file 2009 taxes online Railroad retirement benefits. How to file 2009 taxes online   Part of any railroad retirement benefits you receive is treated for tax purposes as social security benefits, and part is treated as an employee pension. How to file 2009 taxes online For information about railroad retirement benefits treated as social security benefits, see Publication 915, Social Security and Equivalent Railroad Retirement Benefits. How to file 2009 taxes online For information about railroad retirement benefits treated as an employee pension, see Railroad Retirement Benefits in Publication 575. How to file 2009 taxes online Withholding and estimated tax. How to file 2009 taxes online   The payer of your pension, profit-sharing, stock bonus, annuity, or deferred compensation plan will withhold income tax on the taxable parts of amounts paid to you. How to file 2009 taxes online You can tell the payer how much to withhold, or not to withhold, by filing Form W-4P. How to file 2009 taxes online If you choose not to have tax withheld, or you do not have enough tax withheld, you may have to pay estimated tax. How to file 2009 taxes online   If you receive an eligible rollover distribution, you cannot choose not to have tax withheld. How to file 2009 taxes online Generally, 20% will be withheld, but no tax will be withheld on a direct rollover of an eligible rollover distribution. How to file 2009 taxes online See Direct rollover option under Rollovers, later. How to file 2009 taxes online   For more information, see Pensions and Annuities under Tax Withholding for 2014 in chapter 4. How to file 2009 taxes online Qualified plans for self-employed individuals. How to file 2009 taxes online   Qualified plans set up by self-employed individuals are sometimes called Keogh or H. How to file 2009 taxes online R. How to file 2009 taxes online 10 plans. How to file 2009 taxes online Qualified plans can be set up by sole proprietors, partnerships (but not a partner), and corporations. How to file 2009 taxes online They can cover self-employed persons, such as the sole proprietor or partners, as well as regular (common-law) employees. How to file 2009 taxes online    Distributions from a qualified plan are usually fully taxable because most recipients have no cost basis. How to file 2009 taxes online If you have an investment (cost) in the plan, however, your pension or annuity payments from a qualified plan are taxed under the Simplified Method. How to file 2009 taxes online For more information about qualified plans, see Publication 560, Retirement Plans for Small Business. How to file 2009 taxes online Purchased annuities. How to file 2009 taxes online   If you receive pension or annuity payments from a privately purchased annuity contract from a commercial organization, such as an insurance company, you generally must use the General Rule to figure the tax-free part of each annuity payment. How to file 2009 taxes online For more information about the General Rule, get Publication 939. How to file 2009 taxes online Also, see Variable Annuities in Publication 575 for the special provisions that apply to these annuity contracts. How to file 2009 taxes online Loans. How to file 2009 taxes online   If you borrow money from your retirement plan, you must treat the loan as a nonperiodic distribution from the plan unless certain exceptions apply. How to file 2009 taxes online This treatment also applies to any loan under a contract purchased under your retirement plan, and to the value of any part of your interest in the plan or contract that you pledge or assign. How to file 2009 taxes online This means that you must include in income all or part of the amount borrowed. How to file 2009 taxes online Even if you do not have to treat the loan as a nonperiodic distribution, you may not be able to deduct the interest on the loan in some situations. How to file 2009 taxes online For details, see Loans Treated as Distributions in Publication 575. How to file 2009 taxes online For information on the deductibility of interest, see chapter 23. How to file 2009 taxes online Tax-free exchange. How to file 2009 taxes online   No gain or loss is recognized on an exchange of an annuity contract for another annuity contract if the insured or annuitant remains the same. How to file 2009 taxes online However, if an annuity contract is exchanged for a life insurance or endowment contract, any gain due to interest accumulated on the contract is ordinary income. How to file 2009 taxes online See Transfers of Annuity Contracts in Publication 575 for more information about exchanges of annuity contracts. How to file 2009 taxes online How To Report If you file Form 1040, report your total annuity on line 16a and the taxable part on line 16b. How to file 2009 taxes online If your pension or annuity is fully taxable, enter it on line 16b; do not make an entry on line 16a. How to file 2009 taxes online If you file Form 1040A, report your total annuity on line 12a and the taxable part on line 12b. How to file 2009 taxes online If your pension or annuity is fully taxable, enter it on line 12b; do not make an entry on line 12a. How to file 2009 taxes online More than one annuity. How to file 2009 taxes online   If you receive more than one annuity and at least one of them is not fully taxable, enter the total amount received from all annuities on Form 1040, line 16a, or Form 1040A, line 12a, and enter the taxable part on Form 1040, line 16b, or Form 1040A, line 12b. How to file 2009 taxes online If all the annuities you receive are fully taxable, enter the total of all of them on Form 1040, line 16b, or Form 1040A, line 12b. How to file 2009 taxes online Joint return. How to file 2009 taxes online   If you file a joint return and you and your spouse each receive one or more pensions or annuities, report the total of the pensions and annuities on Form 1040, line 16a, or Form 1040A, line 12a, and report the taxable part on Form 1040, line 16b, or Form 1040A, line 12b. How to file 2009 taxes online Cost (Investment in the Contract) Before you can figure how much, if any, of a distribution from your pension or annuity plan is taxable, you must determine your cost (your investment in the contract) in the pension or annuity. How to file 2009 taxes online Your total cost in the plan includes the total premiums, contributions, or other amounts you paid. How to file 2009 taxes online This includes the amounts your employer contributed that were taxable to you when paid. How to file 2009 taxes online Cost does not include any amounts you deducted or were excluded from your income. How to file 2009 taxes online From this total cost, subtract any refunds of premiums, rebates, dividends, unrepaid loans that were not included in your income, or other tax-free amounts that you received by the later of the annuity starting date or the date on which you received your first payment. How to file 2009 taxes online Your annuity starting date is the later of the first day of the first period for which you received a payment or the date the plan's obligations became fixed. How to file 2009 taxes online Designated Roth accounts. How to file 2009 taxes online   Your cost in these accounts is your designated Roth contributions that were included in your income as wages subject to applicable withholding requirements. How to file 2009 taxes online Your cost will also include any in-plan Roth rollovers you included in income. How to file 2009 taxes online Foreign employment contributions. How to file 2009 taxes online   If you worked in a foreign country and contributions were made to your retirement plan, special rules apply in determining your cost. How to file 2009 taxes online See Foreign employment contributions under Cost (Investment in the Contract) in Publication 575. How to file 2009 taxes online Taxation of Periodic Payments Fully taxable payments. How to file 2009 taxes online   Generally, if you did not pay any part of the cost of your employee pension or annuity and your employer did not withhold part of the cost from your pay while you worked, the amounts you receive each year are fully taxable. How to file 2009 taxes online You must report them on your income tax return. How to file 2009 taxes online Partly taxable payments. How to file 2009 taxes online   If you paid part of the cost of your pension or annuity, you are not taxed on the part of the pension or annuity you receive that represents a return of your cost. How to file 2009 taxes online The rest of the amount you receive is generally taxable. How to file 2009 taxes online You figure the tax-free part of the payment using either the Simplified Method or the General Rule. How to file 2009 taxes online Your annuity starting date and whether or not your plan is qualified determine which method you must or may use. How to file 2009 taxes online   If your annuity starting date is after November 18, 1996, and your payments are from a qualified plan, you must use the Simplified Method. How to file 2009 taxes online Generally, you must use the General Rule if your annuity is paid under a nonqualified plan, and you cannot use this method if your annuity is paid under a qualified plan. How to file 2009 taxes online   If you had more than one partly taxable pension or annuity, figure the tax-free part and the taxable part of each separately. How to file 2009 taxes online   If your annuity is paid under a qualified plan and your annuity starting date is after July 1, 1986, and before November 19, 1996, you could have chosen to use either the General Rule or the Simplified Method. How to file 2009 taxes online Exclusion limit. How to file 2009 taxes online   Your annuity starting date determines the total amount of annuity payments that you can exclude from your taxable income over the years. How to file 2009 taxes online Once your annuity starting date is determined, it does not change. How to file 2009 taxes online If you calculate the taxable portion of your annuity payments using the simplified method worksheet, the annuity starting date determines the recovery period for your cost. How to file 2009 taxes online That recovery period begins on your annuity starting date and is not affected by the date you first complete the worksheet. How to file 2009 taxes online Exclusion limited to cost. How to file 2009 taxes online   If your annuity starting date is after 1986, the total amount of annuity income that you can exclude over the years as a recovery of the cost cannot exceed your total cost. How to file 2009 taxes online Any unrecovered cost at your (or the last annuitant's) death is allowed as a miscellaneous itemized deduction on the final return of the decedent. How to file 2009 taxes online This deduction is not subject to the 2%-of-adjusted-gross-income limit. How to file 2009 taxes online Exclusion not limited to cost. How to file 2009 taxes online   If your annuity starting date is before 1987, you can continue to take your monthly exclusion for as long as you receive your annuity. How to file 2009 taxes online If you chose a joint and survivor annuity, your survivor can continue to take the survivor's exclusion figured as of the annuity starting date. How to file 2009 taxes online The total exclusion may be more than your cost. How to file 2009 taxes online Simplified Method Under the Simplified Method, you figure the tax-free part of each annuity payment by dividing your cost by the total number of anticipated monthly payments. How to file 2009 taxes online For an annuity that is payable for the lives of the annuitants, this number is based on the annuitants' ages on the annuity starting date and is determined from a table. How to file 2009 taxes online For any other annuity, this number is the number of monthly annuity payments under the contract. How to file 2009 taxes online Who must use the Simplified Method. How to file 2009 taxes online   You must use the Simplified Method if your annuity starting date is after November 18, 1996, and you both: Receive pension or annuity payments from a qualified employee plan, qualified employee annuity, or a tax-sheltered annuity (403(b)) plan, and On your annuity starting date, you were either under age 75, or entitled to less than 5 years of guaranteed payments. How to file 2009 taxes online Guaranteed payments. How to file 2009 taxes online   Your annuity contract provides guaranteed payments if a minimum number of payments or a minimum amount (for example, the amount of your investment) is payable even if you and any survivor annuitant do not live to receive the minimum. How to file 2009 taxes online If the minimum amount is less than the total amount of the payments you are to receive, barring death, during the first 5 years after payments begin (figured by ignoring any payment increases), you are entitled to less than 5 years of guaranteed payments. How to file 2009 taxes online How to use the Simplified Method. How to file 2009 taxes online    Complete the Simplified Method Worksheet in Publication 575 to figure your taxable annuity for 2013. How to file 2009 taxes online Single-life annuity. How to file 2009 taxes online    If your annuity is payable for your life alone, use Table 1 at the bottom of the worksheet to determine the total number of expected monthly payments. How to file 2009 taxes online Enter on line 3 the number shown for your age at the annuity starting date. How to file 2009 taxes online Multiple-lives annuity. How to file 2009 taxes online   If your annuity is payable for the lives of more than one annuitant, use Table 2 at the bottom of the worksheet to determine the total number of expected monthly payments. How to file 2009 taxes online Enter on line 3 the number shown for the combined ages of you and the youngest survivor annuitant at the annuity starting date. How to file 2009 taxes online   However, if your annuity starting date is before 1998, do not use Table 2 and do not combine the annuitants' ages. How to file 2009 taxes online Instead you must use Table 1 and enter on line 3 the number shown for the primary annuitant's age on the annuity starting date. How to file 2009 taxes online    Be sure to keep a copy of the completed worksheet; it will help you figure your taxable annuity next year. How to file 2009 taxes online Example. How to file 2009 taxes online Bill Smith, age 65, began receiving retirement benefits in 2013, under a joint and survivor annuity. How to file 2009 taxes online Bill's annuity starting date is January 1, 2013. How to file 2009 taxes online The benefits are to be paid for the joint lives of Bill and his wife Kathy, age 65. How to file 2009 taxes online Bill had contributed $31,000 to a qualified plan and had received no distributions before the annuity starting date. How to file 2009 taxes online Bill is to receive a retirement benefit of $1,200 a month, and Kathy is to receive a monthly survivor benefit of $600 upon Bill's death. How to file 2009 taxes online Bill must use the Simplified Method to figure his taxable annuity because his payments are from a qualified plan and he is under age 75. How to file 2009 taxes online Because his annuity is payable over the lives of more than one annuitant, he uses his and Kathy's combined ages and Table 2 at the bottom of the worksheet in completing line 3 of the worksheet. How to file 2009 taxes online His completed worksheet is shown in Worksheet 10-A. How to file 2009 taxes online Bill's tax-free monthly amount is $100 ($31,000 ÷ 310) as shown on line 4 of the worksheet. How to file 2009 taxes online Upon Bill's death, if Bill has not recovered the full $31,000 investment, Kathy will also exclude $100 from her $600 monthly payment. How to file 2009 taxes online The full amount of any annuity payments received after 310 payments are paid must be included in gross income. How to file 2009 taxes online If Bill and Kathy die before 310 payments are made, a miscellaneous itemized deduction will be allowed for the unrecovered cost on the final income tax return of the last to die. How to file 2009 taxes online This deduction is not subject to the 2%-of-adjusted- gross-income limit. How to file 2009 taxes online Worksheet 10-A. How to file 2009 taxes online Simplified Method Worksheet for Bill Smith 1. How to file 2009 taxes online Enter the total pension or annuity payments received this year. How to file 2009 taxes online Also, add this amount to the total for Form 1040, line 16a, or Form 1040A, line 12a 1. How to file 2009 taxes online 14,400 2. How to file 2009 taxes online Enter your cost in the plan (contract) at the annuity starting date plus any death benefit exclusion*. How to file 2009 taxes online See Cost (Investment in the Contract) , earlier 2. How to file 2009 taxes online 31,000       Note: If your annuity starting date was before this year and you completed this worksheet last year, skip line 3 and enter the amount from line 4 of last year's worksheet on line 4 below (even if the amount of your pension or annuity has changed). How to file 2009 taxes online Otherwise, go to line 3. How to file 2009 taxes online         3. How to file 2009 taxes online Enter the appropriate number from Table 1 below. How to file 2009 taxes online But if your annuity starting date was after 1997 and the payments are for your life and that of your beneficiary, enter the appropriate number from Table 2 below 3. How to file 2009 taxes online 310     4. How to file 2009 taxes online Divide line 2 by the number on line 3 4. How to file 2009 taxes online 100     5. How to file 2009 taxes online Multiply line 4 by the number of months for which this year's payments were made. How to file 2009 taxes online If your annuity starting date was before 1987, enter this amount on line 8 below and skip lines 6, 7, 10, and 11. How to file 2009 taxes online Otherwise, go to line 6 5. How to file 2009 taxes online 1,200     6. How to file 2009 taxes online Enter any amounts previously recovered tax free in years after 1986. How to file 2009 taxes online This is the amount shown on line 10 of your worksheet for last year 6. How to file 2009 taxes online -0-     7. How to file 2009 taxes online Subtract line 6 from line 2 7. How to file 2009 taxes online 31,000     8. How to file 2009 taxes online Enter the smaller of line 5 or line 7 8. How to file 2009 taxes online 1,200 9. How to file 2009 taxes online Taxable amount for year. How to file 2009 taxes online Subtract line 8 from line 1. How to file 2009 taxes online Enter the result, but not less than zero. How to file 2009 taxes online Also, add this amount to the total for Form 1040, line 16b, or Form 1040A, line 12b 9. How to file 2009 taxes online 13,200   Note: If your Form 1099-R shows a larger taxable amount, use the amount figured on this line instead. How to file 2009 taxes online If you are a retired public safety officer, see Insurance Premiums for Retired Public Safety Officers in Publication 575 before entering an amount on your tax return. How to file 2009 taxes online     10. How to file 2009 taxes online Was your annuity starting date before 1987? □ Yes. How to file 2009 taxes online STOP. How to file 2009 taxes online Do not complete the rest of this worksheet. How to file 2009 taxes online  ☑ No. How to file 2009 taxes online Add lines 6 and 8. How to file 2009 taxes online This is the amount you have recovered tax free through 2013. How to file 2009 taxes online You will need this number if you need to fill out this worksheet next year 10. How to file 2009 taxes online 1,200 11. How to file 2009 taxes online Balance of cost to be recovered. How to file 2009 taxes online Subtract line 10 from line 2. How to file 2009 taxes online If zero, you will not have to complete this worksheet next year. How to file 2009 taxes online The payments you receive next year will generally be fully taxable 11. How to file 2009 taxes online 29,800 TABLE 1 FOR LINE 3 ABOVE   AND your annuity starting date was— IF the age at annuity starting date was. How to file 2009 taxes online . How to file 2009 taxes online . How to file 2009 taxes online before November 19, 1996, enter on line 3. How to file 2009 taxes online . How to file 2009 taxes online . How to file 2009 taxes online after November 18, 1996, enter on line 3. How to file 2009 taxes online . How to file 2009 taxes online . How to file 2009 taxes online 55 or under 300 360 56–60 260 310 61–65 240 260 66–70 170 210 71 or older 120 160 TABLE 2 FOR LINE 3 ABOVE IF the combined ages at annuity starting date were. How to file 2009 taxes online . How to file 2009 taxes online . How to file 2009 taxes online   THEN enter on line 3. How to file 2009 taxes online . How to file 2009 taxes online . How to file 2009 taxes online 110 or under   410 111–120   360 121–130   310 131–140   260 141 or older   210 * A death benefit exclusion (up to $5,000) applied to certain benefits received by employees who died before August 21, 1996. How to file 2009 taxes online Who must use the General Rule. How to file 2009 taxes online   You must use the General Rule if you receive pension or annuity payments from: A nonqualified plan (such as a private annuity, a purchased commercial annuity, or a nonqualified employee plan), or A qualified plan if you are age 75 or older on your annuity starting date and your annuity payments are guaranteed for at least 5 years. How to file 2009 taxes online Annuity starting before November 19, 1996. How to file 2009 taxes online   If your annuity starting date is after July 1, 1986, and before November 19, 1996, you had to use the General Rule for either circumstance just described. How to file 2009 taxes online You also had to use it for any fixed-period annuity. How to file 2009 taxes online If you did not have to use the General Rule, you could have chosen to use it. How to file 2009 taxes online If your annuity starting date is before July 2, 1986, you had to use the General Rule unless you could use the Three-Year Rule. How to file 2009 taxes online   If you had to use the General Rule (or chose to use it), you must continue to use it each year that you recover your cost. How to file 2009 taxes online Who cannot use the General Rule. How to file 2009 taxes online   You cannot use the General Rule if you receive your pension or annuity from a qualified plan and none of the circumstances described in the preceding discussions apply to you. How to file 2009 taxes online See Who must use the Simplified Method , earlier. How to file 2009 taxes online More information. How to file 2009 taxes online   For complete information on using the General Rule, including the actuarial tables you need, see Publication 939. How to file 2009 taxes online Taxation of Nonperiodic Payments Nonperiodic distributions are also known as amounts not received as an annuity. How to file 2009 taxes online They include all payments other than periodic payments and corrective distributions. How to file 2009 taxes online Examples of nonperiodic payments are cash withdrawals, distributions of current earnings, certain loans, and the value of annuity contracts transferred without full and adequate consideration. How to file 2009 taxes online Corrective distributions of excess plan contributions. How to file 2009 taxes online   Generally, if the contributions made for you during the year to certain retirement plans exceed certain limits, the excess is taxable to you. How to file 2009 taxes online To correct an excess, your plan may distribute it to you (along with any income earned on the excess). How to file 2009 taxes online For information on plan contribution limits and how to report corrective distributions of excess contributions, see Retirement Plan Contributions under Employee Compensation in Publication 525. How to file 2009 taxes online Figuring the taxable amount of nonperiodic payments. How to file 2009 taxes online   How you figure the taxable amount of a nonperiodic distribution depends on whether it is made before the annuity starting date, or on or after the annuity starting date. How to file 2009 taxes online If it is made before the annuity starting date, its tax treatment also depends on whether it is made under a qualified or nonqualified plan. How to file 2009 taxes online If it is made under a nonqualified plan, its tax treatment depends on whether it fully discharges the contract, is received under certain life insurance or endowment contracts, or is allocable to an investment you made before August 14, 1982. How to file 2009 taxes online Annuity starting date. How to file 2009 taxes online   The annuity starting date is either the first day of the first period for which you receive an annuity payment under the contract or the date on which the obligation under the contract becomes fixed, whichever is later. How to file 2009 taxes online Distribution on or after annuity starting date. How to file 2009 taxes online   If you receive a nonperiodic payment from your annuity contract on or after the annuity starting date, you generally must include all of the payment in gross income. How to file 2009 taxes online Distribution before annuity starting date. How to file 2009 taxes online   If you receive a nonperiodic distribution before the annuity starting date from a qualified retirement plan, you generally can allocate only part of it to the cost of the contract. How to file 2009 taxes online You exclude from your gross income the part that you allocate to the cost. How to file 2009 taxes online You include the remainder in your gross income. How to file 2009 taxes online   If you receive a nonperiodic distribution before the annuity starting date from a plan other than a qualified retirement plan (nonqualified plan), it is allocated first to earnings (the taxable part) and then to the cost of the contract (the tax-free part). How to file 2009 taxes online This allocation rule applies, for example, to a commercial annuity contract you bought directly from the issuer. How to file 2009 taxes online    Distributions from nonqualified plans are subject to the net investment income tax. How to file 2009 taxes online See the Instructions for Form 8960. How to file 2009 taxes online   For more information, see Figuring the Taxable Amount under Taxation of Nonperiodic Payments in Publication 575. How to file 2009 taxes online Lump-Sum Distributions This section on lump-sum distributions only applies if the plan participant was born before January 2, 1936. How to file 2009 taxes online If the plan participant was born after January 1, 1936, the taxable amount of this nonperiodic payment is reported as discussed earlier. How to file 2009 taxes online A lump-sum distribution is the distribution or payment in one tax year of a plan participant's entire balance from all of the employer's qualified plans of one kind (for example, pension, profit-sharing, or stock bonus plans). How to file 2009 taxes online A distribution from a nonqualified plan (such as a privately purchased commercial annuity or a section 457 deferred compensation plan of a state or local government or tax-exempt organization) cannot qualify as a lump-sum distribution. How to file 2009 taxes online The participant's entire balance from a plan does not include certain forfeited amounts. How to file 2009 taxes online It also does not include any deductible voluntary employee contributions allowed by the plan after 1981 and before 1987. How to file 2009 taxes online For more information about distributions that do not qualify as lump-sum distributions, see Distributions that do not qualify under Lump-Sum Distributions in Publication 575. How to file 2009 taxes online If you receive a lump-sum distribution from a qualified employee plan or qualified employee annuity and the plan participant was born before January 2, 1936, you may be able to elect optional methods of figuring the tax on the distribution. How to file 2009 taxes online The part from active participation in the plan before 1974 may qualify as capital gain subject to a 20% tax rate. How to file 2009 taxes online The part from participation after 1973 (and any part from participation before 1974 that you do not report as capital gain) is ordinary income. How to file 2009 taxes online You may be able to use the 10-year tax option, discussed later, to figure tax on the ordinary income part. How to file 2009 taxes online Use Form 4972 to figure the separate tax on a lump-sum distribution using the optional methods. How to file 2009 taxes online The tax figured on Form 4972 is added to the regular tax figured on your other income. How to file 2009 taxes online This may result in a smaller tax than you would pay by including the taxable amount of the distribution as ordinary income in figuring your regular tax. How to file 2009 taxes online How to treat the distribution. How to file 2009 taxes online   If you receive a lump-sum distribution, you may have the following options for how you treat the taxable part. How to file 2009 taxes online Report the part of the distribution from participation before 1974 as a capital gain (if you qualify) and the part from participation after 1973 as ordinary income. How to file 2009 taxes online Report the part of the distribution from participation before 1974 as a capital gain (if you qualify) and use the 10-year tax option to figure the tax on the part from participation after 1973 (if you qualify). How to file 2009 taxes online Use the 10-year tax option to figure the tax on the total taxable amount (if you qualify). How to file 2009 taxes online Roll over all or part of the distribution. How to file 2009 taxes online See Rollovers , later. How to file 2009 taxes online No tax is currently due on the part rolled over. How to file 2009 taxes online Report any part not rolled over as ordinary income. How to file 2009 taxes online Report the entire taxable part of the distribution as ordinary income on your tax return. How to file 2009 taxes online   The first three options are explained in the following discussions. How to file 2009 taxes online Electing optional lump-sum treatment. How to file 2009 taxes online   You can choose to use the 10-year tax option or capital gain treatment only once after 1986 for any plan participant. How to file 2009 taxes online If you make this choice, you cannot use either of these optional treatments for any future distributions for the participant. How to file 2009 taxes online Taxable and tax-free parts of the distribution. How to file 2009 taxes online    The taxable part of a lump-sum distribution is the employer's contributions and income earned on your account. How to file 2009 taxes online You may recover your cost in the lump sum and any net unrealized appreciation (NUA) in employer securities tax free. How to file 2009 taxes online Cost. How to file 2009 taxes online   In general, your cost is the total of: The plan participant's nondeductible contributions to the plan, The plan participant's taxable costs of any life insurance contract distributed, Any employer contributions that were taxable to the plan participant, and Repayments of any loans that were taxable to the plan participant. How to file 2009 taxes online You must reduce this cost by amounts previously distributed tax free. How to file 2009 taxes online Net unrealized appreciation (NUA). How to file 2009 taxes online   The NUA in employer securities (box 6 of Form 1099-R) received as part of a lump-sum distribution is generally tax free until you sell or exchange the securities. How to file 2009 taxes online (For more information, see Distributions of employer securities under Taxation of Nonperiodic Payments in Publication 575. How to file 2009 taxes online ) Capital Gain Treatment Capital gain treatment applies only to the taxable part of a lump-sum distribution resulting from participation in the plan before 1974. How to file 2009 taxes online The amount treated as capital gain is taxed at a 20% rate. How to file 2009 taxes online You can elect this treatment only once for any plan participant, and only if the plan participant was born before January 2, 1936. How to file 2009 taxes online Complete Part II of Form 4972 to choose the 20% capital gain election. How to file 2009 taxes online For more information, see Capital Gain Treatment under Lump-Sum Distributions in Publication 575. How to file 2009 taxes online 10-Year Tax Option The 10-year tax option is a special formula used to figure a separate tax on the ordinary income part of a lump-sum distribution. How to file 2009 taxes online You pay the tax only once, for the year in which you receive the distribution, not over the next 10 years. How to file 2009 taxes online You can elect this treatment only once for any plan participant, and only if the plan participant was born before January 2, 1936. How to file 2009 taxes online The ordinary income part of the distribution is the amount shown in box 2a of the Form 1099-R given to you by the payer, minus the amount, if any, shown in box 3. How to file 2009 taxes online You also can treat the capital gain part of the distribution (box 3 of Form 1099-R) as ordinary income for the 10-year tax option if you do not choose capital gain treatment for that part. How to file 2009 taxes online Complete Part III of Form 4972 to choose the 10-year tax option. How to file 2009 taxes online You must use the special Tax Rate Schedule shown in the instructions for Part III to figure the tax. How to file 2009 taxes online Publication 575 illustrates how to complete Form 4972 to figure the separate tax. How to file 2009 taxes online Rollovers If you withdraw cash or other assets from a qualified retirement plan in an eligible rollover distribution, you can defer tax on the distribution by rolling it over to another qualified retirement plan or a traditional IRA. How to file 2009 taxes online For this purpose, the following plans are qualified retirement plans. How to file 2009 taxes online A qualified employee plan. How to file 2009 taxes online A qualified employee annuity. How to file 2009 taxes online A tax-sheltered annuity plan (403(b) plan). How to file 2009 taxes online An eligible state or local government section 457 deferred compensation plan. How to file 2009 taxes online Eligible rollover distributions. How to file 2009 taxes online   Generally, an eligible rollover distribution is any distribution of all or any part of the balance to your credit in a qualified retirement plan. How to file 2009 taxes online For information about exceptions to eligible rollover distributions, see Publication 575. How to file 2009 taxes online Rollover of nontaxable amounts. How to file 2009 taxes online   You may be able to roll over the nontaxable part of a distribution (such as your after-tax contributions) made to another qualified retirement plan that is a qualified employee plan or a 403(b) plan, or to a traditional or Roth IRA. How to file 2009 taxes online The transfer must be made either through a direct rollover to a qualified plan or 403(b) plan that separately accounts for the taxable and nontaxable parts of the rollover or through a rollover to a traditional or Roth IRA. How to file 2009 taxes online   If you roll over only part of a distribution that includes both taxable and nontaxable amounts, the amount you roll over is treated as coming first from the taxable part of the distribution. How to file 2009 taxes online   Any after-tax contributions that you roll over into your traditional IRA become part of your basis (cost) in your IRAs. How to file 2009 taxes online To recover your basis when you take distributions from your IRA, you must complete Form 8606 for the year of the distribution. How to file 2009 taxes online For more information, see the Form 8606 instructions. How to file 2009 taxes online Direct rollover option. How to file 2009 taxes online   You can choose to have any part or all of an eligible rollover distribution paid directly to another qualified retirement plan that accepts rollover distributions or to a traditional or Roth IRA. How to file 2009 taxes online If you choose the direct rollover option, or have an automatic rollover, no tax will be withheld from any part of the distribution that is directly paid to the trustee of the other plan. How to file 2009 taxes online Payment to you option. How to file 2009 taxes online   If an eligible rollover distribution is paid to you, 20% generally will be withheld for income tax. How to file 2009 taxes online However, the full amount is treated as distributed to you even though you actually receive only 80%. How to file 2009 taxes online You generally must include in income any part (including the part withheld) that you do not roll over within 60 days to another qualified retirement plan or to a traditional or Roth IRA. How to file 2009 taxes online (See Pensions and Annuities under Tax Withholding for 2014 in chapter 4. How to file 2009 taxes online )    If you decide to roll over an amount equal to the distribution before withholding, your contribution to the new plan or IRA must include other money (for example, from savings or amounts borrowed) to replace the amount withheld. How to file 2009 taxes online Time for making rollover. How to file 2009 taxes online   You generally must complete the rollover of an eligible rollover distribution paid to you by the 60th day following the day on which you receive the distribution from your employer's plan. How to file 2009 taxes online (If an amount distributed to you becomes a frozen deposit in a financial institution during the 60-day period after you receive it, the rollover period is extended for the period during which the distribution is in a frozen deposit in a financial institution. How to file 2009 taxes online )   The IRS may waive the 60-day requirement where the failure to do so would be against equity or good conscience, such as in the event of a casualty, disaster, or other event beyond your reasonable control. How to file 2009 taxes online   The administrator of a qualified plan must give you a written explanation of your distribution options within a reasonable period of time before making an eligible rollover distribution. How to file 2009 taxes online Qualified domestic relations order (QDRO). How to file 2009 taxes online   You may be able to roll over tax free all or part of a distribution from a qualified retirement plan that you receive under a QDRO. How to file 2009 taxes online If you receive the distribution as an employee's spouse or former spouse (not as a nonspousal beneficiary), the rollover rules apply to you as if you were the employee. How to file 2009 taxes online You can roll over the distribution from the plan into a traditional IRA or to another eligible retirement plan. How to file 2009 taxes online See Rollovers in Publication 575 for more information on benefits received under a QDRO. How to file 2009 taxes online Rollover by surviving spouse. How to file 2009 taxes online   You may be able to roll over tax free all or part of a distribution from a qualified retirement plan you receive as the surviving spouse of a deceased employee. How to file 2009 taxes online The rollover rules apply to you as if you were the employee. How to file 2009 taxes online You can roll over a distribution into a qualified retirement plan or a traditional or Roth IRA. How to file 2009 taxes online For a rollover to a Roth IRA, see Rollovers to Roth IRAs , later. How to file 2009 taxes online    A distribution paid to a beneficiary other than the employee's surviving spouse is generally not an eligible rollover distribution. How to file 2009 taxes online However, see Rollovers by nonspouse beneficiary next. How to file 2009 taxes online Rollovers by nonspouse beneficiary. How to file 2009 taxes online   If you are a designated beneficiary (other than a surviving spouse) of a deceased employee, you may be able to roll over tax free all or a portion of a distribution you receive from an eligible retirement plan of the employee. How to file 2009 taxes online The distribution must be a direct trustee-to-trustee transfer to your traditional or Roth IRA that was set up to receive the distribution. How to file 2009 taxes online The transfer will be treated as an eligible rollover distribution and the receiving plan will be treated as an inherited IRA. How to file 2009 taxes online For information on inherited IRAs, see What if You Inherit an IRA? in chapter 1 of Publication 590, Individual Retirement Arrangements (IRAs). How to file 2009 taxes online Retirement bonds. How to file 2009 taxes online   If you redeem retirement bonds purchased under a qualified bond purchase plan, you can roll over the proceeds that exceed your basis tax free into an IRA (as discussed in Publication 590) or a qualified employer plan. How to file 2009 taxes online Designated Roth accounts. How to file 2009 taxes online   You can roll over an eligible rollover distribution from a designated Roth account into another designated Roth account or a Roth IRA. How to file 2009 taxes online If you want to roll over the part of the distribution that is not included in income, you must make a direct rollover of the entire distribution or you can roll over the entire amount (or any portion) to a Roth IRA. How to file 2009 taxes online For more information on rollovers from designated Roth accounts, see Rollovers in Publication 575. How to file 2009 taxes online In-plan rollovers to designated Roth accounts. How to file 2009 taxes online   If you are a plan participant in a 401(k), 403(b), or 457(b) plan, your plan may permit you to roll over amounts in those plans to a designated Roth account within the same plan. How to file 2009 taxes online The rollover of any untaxed amounts must be included in income. How to file 2009 taxes online See Designated Roth accounts under Rollovers in Publication 575 for more information. How to file 2009 taxes online Rollovers to Roth IRAs. How to file 2009 taxes online   You can roll over distributions directly from a qualified retirement plan (other than a designated Roth account) to a Roth IRA. How to file 2009 taxes online   You must include in your gross income distributions from a qualified retirement plan (other than a designated Roth account) that you would have had to include in income if you had not rolled them over into a Roth IRA. How to file 2009 taxes online You do not include in gross income any part of a distribution from a qualified retirement plan that is a return of contributions to the plan that were taxable to you when paid. How to file 2009 taxes online In addition, the 10% tax on early distributions does not apply. How to file 2009 taxes online More information. How to file 2009 taxes online   For more information on the rules for rolling over distributions, see Rollovers in Publication 575. How to file 2009 taxes online Special Additional Taxes To discourage the use of pension funds for purposes other than normal retirement, the law imposes additional taxes on early distributions of those funds and on failures to withdraw the funds timely. How to file 2009 taxes online Ordinarily, you will not be subject to these taxes if you roll over all early distributions you receive, as explained earlier, and begin drawing out the funds at a normal retirement age, in reasonable amounts over your life expectancy. How to file 2009 taxes online These special additional taxes are the taxes on: Early distributions, and Excess accumulation (not receiving minimum distributions). How to file 2009 taxes online These taxes are discussed in the following sections. How to file 2009 taxes online If you must pay either of these taxes, report them on Form 5329. How to file 2009 taxes online However, you do not have to file Form 5329 if you owe only the tax on early distributions and your Form 1099-R correctly shows a “1” in box 7. How to file 2009 taxes online Instead, enter 10% of the taxable part of the distribution on Form 1040, line 58 and write “No” under the heading “Other Taxes” to the left of line 58. How to file 2009 taxes online Even if you do not owe any of these taxes, you may have to complete Form 5329 and attach it to your Form 1040. How to file 2009 taxes online This applies if you meet an exception to the tax on early distributions but box 7 of your Form 1099-R does not indicate an exception. How to file 2009 taxes online Tax on Early Distributions Most distributions (both periodic and nonperiodic) from qualified retirement plans and nonqualified annuity contracts made to you before you reach age 59½ are subject to an additional tax of 10%. How to file 2009 taxes online This tax applies to the part of the distribution that you must include in gross income. How to file 2009 taxes online For this purpose, a qualified retirement plan is: A qualified employee plan, A qualified employee annuity plan, A tax-sheltered annuity plan, or An eligible state or local government section 457 deferred compensation plan (to the extent that any distribution is attributable to amounts the plan received in a direct transfer or rollover from one of the other plans listed here or an IRA). How to file 2009 taxes online 5% rate on certain early distributions from deferred annuity contracts. How to file 2009 taxes online   If an early withdrawal from a deferred annuity is otherwise subject to the 10% additional tax, a 5% rate may apply instead. How to file 2009 taxes online A 5% rate applies to distributions under a written election providing a specific schedule for the distribution of your interest in the contract if, as of March 1, 1986, you had begun receiving payments under the election. How to file 2009 taxes online On line 4 of Form 5329, multiply the line 3 amount by 5% instead of 10%. How to file 2009 taxes online Attach an explanation to your return. How to file 2009 taxes online Distributions from Roth IRAs allocable to a rollover from an eligible retirement plan within the 5-year period. How to file 2009 taxes online   If, within the 5-year period starting with the first day of your tax year in which you rolled over an amount from an eligible retirement plan to a Roth IRA, you take a distribution from the Roth IRA, you may have to pay the additional 10% tax on early distributions. How to file 2009 taxes online You generally must pay the 10% additional tax on any amount attributable to the part of the rollover that you had to include in income. How to file 2009 taxes online The additional tax is figured on Form 5329. How to file 2009 taxes online For more information, see Form 5329 and its instructions. How to file 2009 taxes online For information on qualified distributions from Roth IRAs, see Additional Tax on Early Distributions in chapter 2 of Publication 590. How to file 2009 taxes online Distributions from designated Roth accounts allocable to in-plan Roth rollovers within the 5-year period. How to file 2009 taxes online   If, within the 5-year period starting with the first day of your tax year in which you rolled over an amount from a 401(k), 403(b), or 457(b) plan to a designated Roth account, you take a distribution from the designated Roth account, you may have to pay the additional 10% tax on early distributions. How to file 2009 taxes online You generally must pay the 10% additional tax on any amount attributable to the part of the in-plan rollover that you had to include in income. How to file 2009 taxes online The additional tax is figured on Form 5329. How to file 2009 taxes online For more information, see Form 5329 and its instructions. How to file 2009 taxes online For information on qualified distributions from designated Roth accounts, see Designated Roth accounts under Taxation of Periodic Payments in Publication 575. How to file 2009 taxes online Exceptions to tax. How to file 2009 taxes online    Certain early distributions are excepted from the early distribution tax. How to file 2009 taxes online If the payer knows that an exception applies to your early distribution, distribution code “2,” “3,” or “4” should be shown in box 7 of your Form 1099-R and you do not have to report the distribution on Form 5329. How to file 2009 taxes online If an exception applies but distribution code “1” (early distribution, no known exception) is shown in box 7, you must file Form 5329. How to file 2009 taxes online Enter the taxable amount of the distribution shown in box 2a of your Form 1099-R on line 1 of Form 5329. How to file 2009 taxes online On line 2, enter the amount that can be excluded and the exception number shown in the Form 5329 instructions. How to file 2009 taxes online    If distribution code “1” is incorrectly shown on your Form 1099-R for a distribution received when you were age 59½ or older, include that distribution on Form 5329. How to file 2009 taxes online Enter exception number “12” on line 2. How to file 2009 taxes online General exceptions. How to file 2009 taxes online   The tax does not apply to distributions that are: Made as part of a series of substantially equal periodic payments (made at least annually) for your life (or life expectancy) or the joint lives (or joint life expectancies) of you and your designated beneficiary (if from a qualified retirement plan, the payments must begin after your separation from service), Made because you are totally and permanently disabled, or Made on or after the death of the plan participant or contract holder. How to file 2009 taxes online Additional exceptions for qualified retirement plans. How to file 2009 taxes online   The tax does not apply to distributions that are: From a qualified retirement plan (other than an IRA) after your separation from service in or after the year you reached age 55 (age 50 for qualified public safety employees), From a qualified retirement plan (other than an IRA) to an alternate payee under a qualified domestic relations order, From a qualified retirement plan to the extent you have deductible medical expenses that exceed 10% (or 7. How to file 2009 taxes online 5% if you or your spouse are age 65 or older) of your adjusted gross income, whether or not you itemize your deductions for the year, From an employer plan under a written election that provides a specific schedule for distribution of your entire interest if, as of March 1, 1986, you had separated from service and had begun receiving payments under the election, From an employee stock ownership plan for dividends on employer securities held by the plan, From a qualified retirement plan due to an IRS levy of the plan, From elective deferral accounts under 401(k) or 403(b) plans or similar arrangements that are qualified reservist distributions, or Phased retirement annuity payments made to federal employees. How to file 2009 taxes online See Pub. How to file 2009 taxes online 721 for more information on the phased retirement program. How to file 2009 taxes online Qualified public safety employees. How to file 2009 taxes online   If you are a qualified public safety employee, distributions made from a governmental defined benefit pension plan are not subject to the additional tax on early distributions. How to file 2009 taxes online You are a qualified public safety employee if you provide police protection, firefighting services, or emergency medical services for a state or municipality, and you separated from service in or after the year you attained age 50. How to file 2009 taxes online Qualified reservist distributions. How to file 2009 taxes online   A qualified reservist distribution is not subject to the additional tax on early distributions. How to file 2009 taxes online A qualified reservist distribution is a distribution (a) from elective deferrals under a section 401(k) or 403(b) plan, or a similar arrangement, (b) to an individual ordered or called to active duty (because he or she is a member of a reserve component) for a period of more than 179 days or for an indefinite period, and (c) made during the period beginning on the date of the order or call and ending at the close of the active duty period. How to file 2009 taxes online You must have been ordered or called to active duty after September 11, 2001. How to file 2009 taxes online For more information, see Qualified reservist distributions under Special Additional Taxes in Publication 575. How to file 2009 taxes online Additional exceptions for nonqualified annuity contracts. How to file 2009 taxes online   The tax does not apply to distributions from: A deferred annuity contract to the extent allocable to investment in the contract before August 14, 1982, A deferred annuity contract under a qualified personal injury settlement, A deferred annuity contract purchased by your employer upon termination of a qualified employee plan or qualified employee annuity plan and held by your employer until your separation from service, or An immediate annuity contract (a single premium contract providing substantially equal annuity payments that start within 1 year from the date of purchase and are paid at least annually). How to file 2009 taxes online Tax on Excess Accumulation To make sure that most of your retirement benefits are paid to you during your lifetime, rather than to your beneficiaries after your death, the payments that you receive from qualified retirement plans must begin no later than your required beginning date (defined later). How to file 2009 taxes online The payments each year cannot be less than the required minimum distribution. How to file 2009 taxes online Required distributions not made. How to file 2009 taxes online   If the actual distributions to you in any year are less than the minimum required distribution for that year, you are subject to an additional tax. How to file 2009 taxes online The tax equals 50% of the part of the required minimum distribution that was not distributed. How to file 2009 taxes online   For this purpose, a qualified retirement plan includes: A qualified employee plan, A qualified employee annuity plan, An eligible section 457 deferred compensation plan, or A tax-sheltered annuity plan (403(b) plan)(for benefits accruing after 1986). How to file 2009 taxes online Waiver. How to file 2009 taxes online   The tax may be waived if you establish that the shortfall in distributions was due to reasonable error and that reasonable steps are being taken to remedy the shortfall. How to file 2009 taxes online See the Instructions for Form 5329 for the procedure to follow if you believe you qualify for a waiver of this tax. How to file 2009 taxes online State insurer delinquency proceedings. How to file 2009 taxes online   You might not receive the minimum distribution because assets are invested in a contract issued by an insurance company in state insurer delinquency proceedings. How to file 2009 taxes online If your payments are reduced below the minimum due to these proceedings, you should contact your plan administrator. How to file 2009 taxes online Under certain conditions, you will not have to pay the 50% excise tax. How to file 2009 taxes online Required beginning date. How to file 2009 taxes online   Unless the rule for 5% owners applies, you generally must begin to receive distributions from your qualified retirement plan by April 1 of the year that follows the later of: The calendar year in which you reach age 70½, or The calendar year in which you retire from employment with the employer maintaining the plan. How to file 2009 taxes online However, your plan may require you to begin to receive distributions by April 1 of the year that follows the year in which you reach age 70½, even if you have not retired. How to file 2009 taxes online   If you reached age 70½ in 2013, you may be required to receive your first distribution by April 1, 2014. How to file 2009 taxes online Your required distribution then must be made for 2014 by December 31, 2014. How to file 2009 taxes online 5% owners. How to file 2009 taxes online   If you are a 5% owner, you must begin to receive distributions by April 1 of the year that follows the calendar year in which you reach age 70½. How to file 2009 taxes online   You are a 5% owner if, for the plan year ending in the calendar year in which you reach age 70½, you own (or are considered to own under section 318 of the Internal Revenue Code) more than 5% of the outstanding stock (or more than 5% of the total voting power of all stock) of the employer, or more than 5% of the capital or profits interest in the employer. How to file 2009 taxes online Age 70½. How to file 2009 taxes online   You reach age 70½ on the date that is 6 calendar months after the date of your 70th birthday. How to file 2009 taxes online   For example, if you are retired and your 70th birthday was on June 30, 2013, you were age 70½ on December 30, 2013. How to file 2009 taxes online If your 70th birthday was on July 1, 2013, you reached age 70½ on January 1, 2014. How to file 2009 taxes online Required distributions. How to file 2009 taxes online   By the required beginning date, as explained earlier, you must either: Receive your entire interest in the plan (for a tax-sheltered annuity, your entire benefit accruing after 1986), or Begin receiving periodic distributions in annual amounts calculated to distribute your entire interest (for a tax-sheltered annuity, your entire benefit accruing after 1986) over your life or life expectancy or over the joint lives or joint life expectancies of you and a designated beneficiary (or over a shorter period). How to file 2009 taxes online Additional information. How to file 2009 taxes online   For more information on this rule, see Tax on Excess Accumulation in Publication 575. How to file 2009 taxes online Form 5329. How to file 2009 taxes online   You must file Form 5329 if you owe tax because you did not receive a minimum required distribution from your qualified retirement plan. How to file 2009 taxes online Survivors and Beneficiaries Generally, a survivor or beneficiary reports pension or annuity income in the same way the plan participant would have. How to file 2009 taxes online However, some special rules apply. How to file 2009 taxes online See Publication 575 for more information. How to file 2009 taxes online Survivors of employees. How to file 2009 taxes online   If you are entitled to receive a survivor annuity on the death of an employee who died, you can exclude part of each annuity payment as a tax-free recovery of the employee's investment in the contract. How to file 2009 taxes online You must figure the taxable and tax-free parts of your annuity payments using the method that applies as if you were the employee. How to file 2009 taxes online Survivors of retirees. How to file 2009 taxes online   If you receive benefits as a survivor under a joint and survivor annuity, include those benefits in income in the same way the retiree would have included them in income. How to file 2009 taxes online If you receive a survivor annuity because of the death of a retiree who had reported the annuity under the Three-Year Rule and recovered all of the cost tax free, your survivor payments are fully taxable. How to file 2009 taxes online    If the retiree was reporting the annuity payments under the General Rule, you must apply the same exclusion percentage to your initial survivor annuity payment called for in the contract. How to file 2009 taxes online The resulting tax-free amount will then remain fixed. How to file 2009 taxes online Any increases in the survivor annuity are fully taxable. How to file 2009 taxes online    If the retiree was reporting the annuity payments under the Simplified Method, the part of each payment that is tax free is the same as the tax-free amount figured by the retiree at the annuity starting date. How to file 2009 taxes online This amount remains fixed even if the annuity payments are increased or decreased. How to file 2009 taxes online See Simplified Method , earlier. How to file 2009 taxes online   In any case, if the annuity starting date is after 1986, the total exclusion over the years cannot be more than the cost. How to file 2009 taxes online Estate tax deduction. How to file 2009 taxes online   If your annuity was a joint and survivor annuity that was included in the decedent's estate, an estate tax may have been paid on it. How to file 2009 taxes online You can deduct the part of the total estate tax that was based on the annuity. How to file 2009 taxes online The deceased annuitant must have died after the annuity starting date. How to file 2009 taxes online (For details, see section 1. How to file 2009 taxes online 691(d)-1 of the regulations. How to file 2009 taxes online ) Deduct it in equal amounts over your remaining life expectancy. How to file 2009 taxes online   If the decedent died before the annuity starting date of a deferred annuity contract and you receive a death benefit under that contract, the amount you receive (either in a lump sum or as periodic payments) in excess of the decedent's cost is included in your gross income as income in respect of a decedent for which you may be able to claim an estate tax deduction. How to file 2009 taxes online   You can take the estate tax deduction as an itemized deduction on Schedule A, Form 1040. How to file 2009 taxes online This deduction is not subject to the 2%-of-adjusted-gross-income limit on miscellaneous deductions. How to file 2009 taxes online See Publication 559, Survivors, Executors, and Administrators, for more information on the estate tax deduction. How to file 2009 taxes online Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Where to File Paper Tax Returns - With or Without a Payment

Taxpayers and Tax Professionals - Where to File Individual Tax Returns
Addresses by state for Forms 1040, 1040A, 1040EZ, 1040ES, 1040V, amended returns, and extensions (also addresses for taxpayers in foreign countries, U.S. possessions, or with other international filing characteristics)

Where to File - All Types of Tax Returns (By Form Number)
Mailing addresses for all types of returns: individual, corporation, partnership, and many others (search for address based on form number)

Where to File - Tax Exempt and Government Entities
Where to file addresses for tax exempt and government entities.

Where to Send Non-Return Forms (Applications and Payments)
Where to send certain payments and applications other than tax returns. This page provides a quick guide for where to send certain non-return forms, applications, and payments.

Where to File Certain Elections, Statements, Returns and Other Documents
This page provides up-to-date information on filing addresses for certain elections, statements, returns and other documents required by the Code of Federal Regulations (CFR) Title 26

Private Delivery Services (PDS)
Use these addresses ONLY IF you are using a private delivery service to send your returns to IRS. If you are not using a private delivery service, use the links above to find the correct mailing address to mail your return.

Page Last Reviewed or Updated: 28-Mar-2014

The How To File 2009 Taxes Online

How to file 2009 taxes online 3. How to file 2009 taxes online   Environmental Taxes Table of Contents Oil Spill Liability Tax ODCs Imported Taxable Products Floor Stocks Tax Environmental taxes are imposed on crude oil and petroleum products (oil spill liability), the sale or use of ozone-depleting chemicals (ODCs), and imported products containing or manufactured with ODCs. How to file 2009 taxes online In addition, a floor stocks tax is imposed on ODCs held on January 1 by any person (other than the manufacturer or importer of the ODCs) for sale or for use in further manufacture. How to file 2009 taxes online Figure the environmental tax on Form 6627. How to file 2009 taxes online Enter the tax on the appropriate lines of Form 720 and attach Form 6627 to Form 720. How to file 2009 taxes online For environmental tax purposes, United States includes the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, any possession of the United States, the Commonwealth of the Northern Mariana Islands, the Trust Territory of the Pacific Islands, the continental shelf areas (applying the principles of section 638), and foreign trade zones. How to file 2009 taxes online No one is exempt from the environmental taxes, including the federal government, state and local governments, Indian tribal governments, and nonprofit educational organizations. How to file 2009 taxes online Oil Spill Liability Tax The oil spill liability tax is reported on Form 6627, Environmental Taxes, and Form 720, Quarterly Federal Excise Tax Return (IRS Nos. How to file 2009 taxes online 18 and 21). How to file 2009 taxes online The oil spill liability tax rate is $. How to file 2009 taxes online 08 per barrel and generally applies to crude oil received at a U. How to file 2009 taxes online S. How to file 2009 taxes online refinery and to petroleum products entered into the United States for consumption, use, or warehousing. How to file 2009 taxes online The tax also applies to certain uses and the exportation of domestic crude oil. How to file 2009 taxes online Crude oil includes crude oil condensates and natural gasoline. How to file 2009 taxes online Petroleum products include crude oil, refined and residual oil, and other liquid hydrocarbon refinery products. How to file 2009 taxes online Crude oil. How to file 2009 taxes online   Tax is imposed on crude oil when it is received at a United Sates refinery. How to file 2009 taxes online The operator of the refinery is liable for the tax. How to file 2009 taxes online   Tax is imposed on domestic crude oil used or exported before it is received at a United States refinery. How to file 2009 taxes online However, the use of crude oil for extracting oil or natural gas on the premises where such crude oil was produced is not taxable. How to file 2009 taxes online The user or exporter is liable for the tax. How to file 2009 taxes online Imported petroleum products. How to file 2009 taxes online   Tax is imposed on petroleum products when they enter the United States for consumption, use, or warehousing. How to file 2009 taxes online The person entering the petroleum product into the country is liable for the tax, including the tax on imported crude oil, even if it is subsequently received at a U. How to file 2009 taxes online S. How to file 2009 taxes online refinery. How to file 2009 taxes online   Tax is imposed only once on any imported petroleum product. How to file 2009 taxes online Thus, the operator of a U. How to file 2009 taxes online S. How to file 2009 taxes online refinery that receives imported crude oil must establish that the petroleum tax has already been imposed on such crude oil in order not to be liable for the tax. How to file 2009 taxes online ODCs For a list of the taxable ODCs and tax rates, see the Form 6627 instructions. How to file 2009 taxes online Taxable event. How to file 2009 taxes online   Tax is imposed on an ODC when it is first used or sold by its manufacturer or importer. How to file 2009 taxes online The manufacturer or importer is liable for the tax. How to file 2009 taxes online Use of ODCs. How to file 2009 taxes online   You use an ODC if you put it into service in a trade or business or for the production of income. How to file 2009 taxes online Also, an ODC is used if you use it in the making of an article, including incorporation into the article, chemical transformation, or release into the air. How to file 2009 taxes online The loss, destruction, packaging, repackaging, or warehousing of ODCs is not a use of the ODC. How to file 2009 taxes online   The creation of a mixture containing an ODC is treated as a taxable use of the ODC contained in the mixture. How to file 2009 taxes online An ODC is contained in a mixture only if the chemical identity of the ODC is not changed. How to file 2009 taxes online Generally, tax is imposed when the mixture is created and not on its sale or use. How to file 2009 taxes online However, you can choose to have the tax imposed on its sale or use by checking the appropriate box on Form 6627. How to file 2009 taxes online You can revoke this choice only with IRS consent. How to file 2009 taxes online   The creation of a mixture for export or for use as a feedstock is not a taxable use of the ODCs contained in the mixture. How to file 2009 taxes online Exceptions. How to file 2009 taxes online   The following may be exempt from the tax on ODCs. How to file 2009 taxes online Metered-dose inhalers. How to file 2009 taxes online Recycled ODCs. How to file 2009 taxes online Exported ODCs. How to file 2009 taxes online ODCs used as feedstock. How to file 2009 taxes online Metered-dose inhalers. How to file 2009 taxes online   There is no tax on ODCs used or sold for use as propellants in metered-dose inhalers. How to file 2009 taxes online For a sale to be nontaxable, you must obtain from the purchaser an exemption certificate that you rely on in good faith. How to file 2009 taxes online The certificate must be in substantially the form as the sample certificate set forth in Regulations section 52. How to file 2009 taxes online 4682-2(d)(5). How to file 2009 taxes online The certificate may be included as part of the sales documentation. How to file 2009 taxes online Keep the certificate with your records. How to file 2009 taxes online Recycled ODCs. How to file 2009 taxes online   There is no tax on any ODC diverted or recovered in the United States as part of a recycling process (and not as part of the original manufacturing or production process). How to file 2009 taxes online There is no tax on recycled Halon-1301 or recycled Halon-2402 imported from a country that has signed the Montreal Protocol on Substances that Deplete the Ozone Layer (Montreal Protocol). How to file 2009 taxes online   The Montreal Protocol is administered by the United Nations (U. How to file 2009 taxes online N. How to file 2009 taxes online ). How to file 2009 taxes online To determine if a country has signed the Montreal Protocol, contact the U. How to file 2009 taxes online N. How to file 2009 taxes online The website is untreaty. How to file 2009 taxes online un. How to file 2009 taxes online org. How to file 2009 taxes online Exported ODCs. How to file 2009 taxes online   Generally, there is no tax on ODCs sold for export if certain requirements are met. How to file 2009 taxes online For a sale to be nontaxable, you and the purchaser must be registered. How to file 2009 taxes online See Form 637, Application for Registration (for Certain Excise Tax Activities). How to file 2009 taxes online Also, you must obtain from the purchaser an exemption certificate that you rely on in good faith. How to file 2009 taxes online Keep the certificate with your records. How to file 2009 taxes online The certificate must be in substantially the form as the sample certificate set forth in Regulations section 52. How to file 2009 taxes online 4682-5(d)(3). How to file 2009 taxes online The tax benefit of this exemption is limited. How to file 2009 taxes online For more information, see Regulations section 52. How to file 2009 taxes online 4682-5. How to file 2009 taxes online ODCs used as feedstock. How to file 2009 taxes online   There is no tax on ODCs sold for use or used as a feedstock. How to file 2009 taxes online An ODC is used as a feedstock only if the ODC is entirely consumed in the manufacture of another chemical. How to file 2009 taxes online The transformation of an ODC into one or more new compounds qualifies as use as a feedstock, but use of an ODC in a mixture does not qualify. How to file 2009 taxes online   For a sale to be nontaxable, you must obtain from the purchaser an exemption certificate that you rely on in good faith. How to file 2009 taxes online The certificate must be in substantially the form as the sample certificate set forth in Regulations section 52. How to file 2009 taxes online 4682-2(d)(2). How to file 2009 taxes online Keep the certificate with your records. How to file 2009 taxes online Credits or refunds. How to file 2009 taxes online   A credit or refund (without interest) of tax paid on ODCs may be claimed if a taxed ODC is: Used as a propellant in a metered-dose inhaler (the person who used the ODC as a propellant may file a claim), Exported (the manufacturer may file a claim), or Used as a feedstock (the person who used the ODC may file a claim). How to file 2009 taxes online For information on how to file for credits or refunds, see the Instructions for Form 720 or Schedule 6 (Form 8849). How to file 2009 taxes online Conditions to allowance for ODCs exported. How to file 2009 taxes online   To claim a credit or refund for ODCs that are exported, you must have repaid or agreed to repay the tax to the exporter, or obtained the exporter's written consent to allowance of the credit or refund. How to file 2009 taxes online You must also have the evidence required by the EPA as proof that the ODCs were exported. How to file 2009 taxes online Imported Taxable Products An imported product containing or manufactured with ODCs is subject to tax if it is entered into the United States for consumption, use, or warehousing and is listed in the Imported Products Table. How to file 2009 taxes online The Imported Products Table is listed in Regulations section 52. How to file 2009 taxes online 4682-3(f)(6). How to file 2009 taxes online The tax is based on the weight of the ODCs used in the manufacture of the product. How to file 2009 taxes online Use the following methods to figure the ODC weight. How to file 2009 taxes online The actual (exact) weight of each ODC used as a material in manufacturing the product. How to file 2009 taxes online If the actual weight cannot be determined, the ODC weight listed for the product in the Imported Products Table. How to file 2009 taxes online However, if you cannot determine the actual weight and the table does not list an ODC weight for the product, the rate of tax is 1% of the entry value of the product. How to file 2009 taxes online Taxable event. How to file 2009 taxes online   Tax is imposed on an imported taxable product when the product is first sold or used by its importer. How to file 2009 taxes online The importer is liable for the tax. How to file 2009 taxes online Use of imported products. How to file 2009 taxes online   You use an imported product if you put it into service in a trade or business or for the production of income or use it in the making of an article, including incorporation into the article. How to file 2009 taxes online The loss, destruction, packaging, repackaging, warehousing, or repair of an imported product is not a use of that product. How to file 2009 taxes online Entry as use. How to file 2009 taxes online   The importer may choose to treat the entry of a product into the United States as the use of the product. How to file 2009 taxes online Tax is imposed on the date of entry instead of when the product is sold or used. How to file 2009 taxes online The choice applies to all imported taxable products that you own and have not used when you make the choice and all later entries. How to file 2009 taxes online Make the choice by checking the box in Part II of Form 6627. How to file 2009 taxes online The choice is effective as of the beginning of the calendar quarter to which the Form 6627 applies. How to file 2009 taxes online You can revoke this choice only with IRS consent. How to file 2009 taxes online Sale of article incorporating imported product. How to file 2009 taxes online   The importer may treat the sale of an article manufactured or assembled in the United States as the first sale or use of an imported taxable product incorporated in that article if both the following apply. How to file 2009 taxes online The importer has consistently treated the sale of similar items as the first sale or use of similar taxable imported products. How to file 2009 taxes online The importer has not chosen to treat entry into the United States as use of the product. How to file 2009 taxes online Imported products table. How to file 2009 taxes online   The table lists all the products that are subject to the tax on imported taxable products and specifies the ODC weight (discussed later) of each product. How to file 2009 taxes online   Each listing in the table identifies a product by name and includes only products that are described by that name. How to file 2009 taxes online Most listings identify a product by both name and Harmonized Tariff Schedule (HTS) heading. How to file 2009 taxes online In those cases, a product is included in that listing only if the product is described by that name and the rate of duty on the product is determined by reference to that HTS heading. How to file 2009 taxes online A product is included in the listing even if it is manufactured with or contains a different ODC than the one specified in the table. How to file 2009 taxes online   Part II of the table lists electronic items that are not included within any other list in the table. How to file 2009 taxes online An imported product is included in this list only if the product meets one of the following tests. How to file 2009 taxes online It is an electronic component whose operation involves the use of nonmechanical amplification or switching devices such as tubes, transistors, and integrated circuits. How to file 2009 taxes online It contains components described in (1), which account for more than 15% of the cost of the product. How to file 2009 taxes online   These components do not include passive electrical devices, such as resistors and capacitors. How to file 2009 taxes online Items such as screws, nuts, bolts, plastic parts, and similar specially fabricated parts that may be used to construct an electronic item are not themselves included in the listing for electronic items. How to file 2009 taxes online Rules for listing products. How to file 2009 taxes online   Products are listed in the table according to the following rules. How to file 2009 taxes online A product is listed in Part I of the table if it is a mixture containing ODCs. How to file 2009 taxes online A product is listed in Part II of the table if the Commissioner has determined that the ODCs used as materials in the manufacture of the product under the predominant method are used for purposes of refrigeration or air conditioning, creating an aerosol or foam, or manufacturing electronic components. How to file 2009 taxes online A product is listed in Part III of the table if the Commissioner has determined that the product meets both the following tests. How to file 2009 taxes online It is not an imported taxable product. How to file 2009 taxes online It would otherwise be included within a list in Part II of the table. How to file 2009 taxes online   For example, floppy disk drive units are listed in Part III because they are not imported taxable products and would have been included in the Part II list for electronic items not specifically identified, but for their listing in Part III. How to file 2009 taxes online ODC weight. How to file 2009 taxes online   The Table ODC weight of a product is the weight, determined by the Commissioner, of the ODCs used as materials in the manufacture of the product under the predominant method of manufacturing. How to file 2009 taxes online The ODC weight is listed in Part II in pounds per single unit of product unless otherwise specified. How to file 2009 taxes online Modifying the table. How to file 2009 taxes online   A manufacturer or importer of a product may request the IRS add a product and its ODC weight to the table. How to file 2009 taxes online They also may request the IRS remove a product from the table, or change or specify the ODC weight of a product. How to file 2009 taxes online To request a modification, see Regulations section 52. How to file 2009 taxes online 4682-3(g) for the mailing address and information that must be included in the request. How to file 2009 taxes online Floor Stocks Tax Tax is imposed on any ODC held (other than by the manufacturer or importer of the ODC) on January 1 for sale or use in further manufacturing. How to file 2009 taxes online The person holding title (as determined under local law) to the ODC is liable for the tax, whether or not delivery has been made. How to file 2009 taxes online These chemicals are taxable without regard to the type or size of storage container in which the ODCs are held. How to file 2009 taxes online The tax may apply to an ODC whether it is in a 14-ounce can or a 30-pound tank. How to file 2009 taxes online You are liable for the floor stocks tax if you hold any of the following on January 1. How to file 2009 taxes online At least 400 pounds of ODCs other than halons or methyl chloroform, At least 50 pounds of halons, or At least 1,000 pounds of methyl chloroform. How to file 2009 taxes online If you are liable for the tax, prepare an inventory on January 1 of the taxable ODCs held on that date for sale or for use in further manufacturing. How to file 2009 taxes online You must pay this floor stocks tax by June 30 of each year. How to file 2009 taxes online Report the tax on Form 6627 and Part II of Form 720 for the second calendar quarter. How to file 2009 taxes online For the tax rates, see the Form 6627 instructions. How to file 2009 taxes online ODCs not subject to floor stocks tax. How to file 2009 taxes online   The floor stocks tax is not imposed on any of the following ODCs. How to file 2009 taxes online ODCs mixed with other ingredients that contribute to achieving the purpose for which the mixture will be used, unless the mixture contains only ODCs and one or more stabilizers. How to file 2009 taxes online ODCs contained in a manufactured article in which the ODCs will be used for their intended purpose without being released from the article. How to file 2009 taxes online ODCs that have been reclaimed or recycled. How to file 2009 taxes online ODCs sold in a qualifying sale for: Use as a feedstock, Export, or Use as a propellant in a metered-dose inhaler. How to file 2009 taxes online Prev  Up  Next   Home   More Online Publications