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I Forgot To File My 2012 Taxes

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I Forgot To File My 2012 Taxes

I forgot to file my 2012 taxes Publication 536 - Main Content Table of Contents NOL Steps How To Figure an NOLNonbusiness deductions (line 6). I forgot to file my 2012 taxes Nonbusiness income (line 7). I forgot to file my 2012 taxes Nonbusiness capital losses. I forgot to file my 2012 taxes Business capital losses. I forgot to file my 2012 taxes Illustrated Form 1045, Schedule A When To Use an NOLExceptions to 2-Year Carryback Rule Waiving the Carryback Period How To Carry an NOL Back or Forward How To Claim an NOL DeductionDeducting a Carryback Deducting a Carryforward Change in Marital Status Change in Filing Status Illustrated Form 1045 How To Figure an NOL CarryoverIllustrated Form 1045, Schedule B NOL Carryover From 2013 to 2014Worksheet Instructions How To Get Tax HelpLow Income Taxpayer Clinics NOL Steps Follow Steps 1 through 5 to figure and use your NOL. I forgot to file my 2012 taxes Step 1. I forgot to file my 2012 taxes   Complete your tax return for the year. I forgot to file my 2012 taxes You may have an NOL if a negative figure appears on the line below: Individuals — Form 1040, line 41, or Form 1040NR, line 39. I forgot to file my 2012 taxes Estates and trusts — Form 1041, line 22. I forgot to file my 2012 taxes   If the amount on that line is not negative, stop here — you do not have an NOL. I forgot to file my 2012 taxes Step 2. I forgot to file my 2012 taxes   Determine whether you have an NOL and its amount. I forgot to file my 2012 taxes See How To Figure an NOL , later. I forgot to file my 2012 taxes If you do not have an NOL, stop here. I forgot to file my 2012 taxes Step 3. I forgot to file my 2012 taxes   Decide whether to carry the NOL back to a past year or to waive the carryback period and instead carry the NOL forward to a future year. I forgot to file my 2012 taxes See When To Use an NOL , later. I forgot to file my 2012 taxes Step 4. I forgot to file my 2012 taxes   Deduct the NOL in the carryback or carryforward year. I forgot to file my 2012 taxes See How To Claim an NOL Deduction , later. I forgot to file my 2012 taxes If your NOL deduction is equal to or less than your taxable income without the deduction, stop here — you have used up your NOL. I forgot to file my 2012 taxes Step 5. I forgot to file my 2012 taxes   Determine the amount of your unused NOL. I forgot to file my 2012 taxes See How To Figure an NOL Carryover , later. I forgot to file my 2012 taxes Carry over the unused NOL to the next carryback or carryforward year and begin again at Step 4. I forgot to file my 2012 taxes Note. I forgot to file my 2012 taxes   If your NOL deduction includes more than one NOL amount, apply Step 5 separately to each NOL amount, starting with the amount from the earliest year. I forgot to file my 2012 taxes How To Figure an NOL If your deductions for the year are more than your income for the year, you may have an NOL. I forgot to file my 2012 taxes There are rules that limit what you can deduct when figuring an NOL. I forgot to file my 2012 taxes In general, the following items are not allowed when figuring an NOL. I forgot to file my 2012 taxes Any deduction for personal exemptions. I forgot to file my 2012 taxes Capital losses in excess of capital gains. I forgot to file my 2012 taxes The section 1202 exclusion of the gain from the sale or exchange of qualified small business stock. I forgot to file my 2012 taxes Nonbusiness deductions in excess of nonbusiness income. I forgot to file my 2012 taxes The net operating loss deduction. I forgot to file my 2012 taxes The domestic production activities deduction. I forgot to file my 2012 taxes Form 1045, Schedule A. I forgot to file my 2012 taxes   Use Form 1045, Schedule A, to figure an NOL. I forgot to file my 2012 taxes The following discussion explains Schedule A and includes an illustrated example. I forgot to file my 2012 taxes   First, complete Form 1045, Schedule A, line 1, using amounts from your return. I forgot to file my 2012 taxes If line 1 is a negative amount, you may have an NOL. I forgot to file my 2012 taxes   Next, complete the rest of Form 1045, Schedule A, to figure your NOL. I forgot to file my 2012 taxes Nonbusiness deductions (line 6). I forgot to file my 2012 taxes   Enter on line 6 deductions that are not connected to your trade or business or your employment. I forgot to file my 2012 taxes Examples of deductions not related to your trade or business are: Alimony paid, Deductions for contributions to an IRA or a self-employed retirement plan, Health savings account deduction, Archer medical savings account deduction, Most itemized deductions (except for casualty and theft losses, state income tax on trade and business income, and any employee business expenses), and The standard deduction. I forgot to file my 2012 taxes   Do not include on line 6 the deduction for personal exemptions for you, your spouse, or your dependents. I forgot to file my 2012 taxes   Do not enter business deductions on line 6. I forgot to file my 2012 taxes These are deductions that are connected to your trade or business. I forgot to file my 2012 taxes They include the following. I forgot to file my 2012 taxes State income tax on income attributable to trade or business (including wages, salary, and unemployment compensation). I forgot to file my 2012 taxes Moving expenses. I forgot to file my 2012 taxes Educator expenses. I forgot to file my 2012 taxes The deduction for the deductible part of self-employed health insurance. I forgot to file my 2012 taxes Domestic production activities deduction. I forgot to file my 2012 taxes Rental losses. I forgot to file my 2012 taxes Loss on the sale or exchange of business real estate or depreciable property. I forgot to file my 2012 taxes Your share of a business loss from a partnership or an S corporation. I forgot to file my 2012 taxes Ordinary loss on the sale or exchange of stock in a small business corporation or a small business investment company. I forgot to file my 2012 taxes If you itemize your deductions, casualty and theft losses (even if they involve nonbusiness property) and employee business expenses (such as union dues, uniforms, tools, education expenses, and travel and transportation expenses). I forgot to file my 2012 taxes Loss on the sale of accounts receivable (if you use an accrual method of accounting). I forgot to file my 2012 taxes Interest and litigation expenses on state and federal income taxes related to your business. I forgot to file my 2012 taxes Unrecovered investment in a pension or annuity claimed on a decedent's final return. I forgot to file my 2012 taxes Payment by a federal employee to buy back sick leave used in an earlier year. I forgot to file my 2012 taxes Nonbusiness income (line 7). I forgot to file my 2012 taxes   Enter on line 7 only income that is not related to your trade or business or your employment. I forgot to file my 2012 taxes For example, enter your annuity income, dividends, and interest on investments. I forgot to file my 2012 taxes Also, include your share of nonbusiness income from partnerships and S corporations. I forgot to file my 2012 taxes   Do not include on line 7 the income you receive from your trade or business or your employment. I forgot to file my 2012 taxes This includes salaries and wages, self-employment income, unemployment compensation included in your gross income, and your share of business income from partnerships and S corporations. I forgot to file my 2012 taxes Also, do not include rental income or ordinary gain from the sale or other disposition of business real estate or depreciable business property. I forgot to file my 2012 taxes Adjustment for section 1202 exclusion (line 17). I forgot to file my 2012 taxes   Enter on line 17 any gain you excluded under section 1202 on the sale or exchange of qualified small business stock. I forgot to file my 2012 taxes Adjustments for capital losses (lines 19–22). I forgot to file my 2012 taxes   The amount deductible for capital losses is limited based on whether the losses are business capital losses or nonbusiness capital losses. I forgot to file my 2012 taxes Nonbusiness capital losses. I forgot to file my 2012 taxes   You can deduct your nonbusiness capital losses (line 2) only up to the amount of your nonbusiness capital gains without regard to any section 1202 exclusion (line 3). I forgot to file my 2012 taxes If your nonbusiness capital losses are more than your nonbusiness capital gains without regard to any section 1202 exclusion, you cannot deduct the excess. I forgot to file my 2012 taxes Business capital losses. I forgot to file my 2012 taxes   You can deduct your business capital losses (line 11) only up to the total of: Your nonbusiness capital gains that are more than the total of your nonbusiness capital losses and excess nonbusiness deductions (line 10), and Your total business capital gains without regard to any section 1202 exclusion (line 12). I forgot to file my 2012 taxes Domestic production activities deduction (line 23). I forgot to file my 2012 taxes   You cannot take the domestic production activities deduction when figuring your NOL. I forgot to file my 2012 taxes Enter on line 23 any domestic production activities deduction claimed on your return. I forgot to file my 2012 taxes NOLs from other years (line 24). I forgot to file my 2012 taxes   You cannot deduct any NOL carryovers or carrybacks from other years. I forgot to file my 2012 taxes Enter the total amount of your NOL deduction for losses from other years. I forgot to file my 2012 taxes Illustrated Form 1045, Schedule A The following example illustrates how to figure an NOL. I forgot to file my 2012 taxes It includes filled-in pages 1 and 2 of Form 1040 and Form 1045, Schedule A. I forgot to file my 2012 taxes Example. I forgot to file my 2012 taxes Glenn Johnson is in the retail record business. I forgot to file my 2012 taxes He is single and has the following income and deductions on his Form 1040 for 2013. I forgot to file my 2012 taxes See the illustrated Form 1040 , later. I forgot to file my 2012 taxes INCOME   Wages from part-time job $1,225 Interest on savings 425 Net long-term capital gain on sale of real estate used in business 2,000 Glenn's total income $3,650 DEDUCTIONS   Net loss from business (gross income of $67,000 minus expenses of $72,000) $5,000 Net short-term capital loss on sale of stock 1,000 Standard deduction 6,100 Personal exemption 3,900 Glenn's total deductions $16,000 Glenn's deductions exceed his income by $12,350 ($16,000 − $3,650). I forgot to file my 2012 taxes However, to figure whether he has an NOL, certain deductions are not allowed. I forgot to file my 2012 taxes He uses Form 1045, Schedule A, to figure his NOL. I forgot to file my 2012 taxes See the Illustrated Form 1045, Schedule A , later. I forgot to file my 2012 taxes The following items are not allowed on Form 1045, Schedule A. I forgot to file my 2012 taxes Nonbusiness net short-term capital loss $1,000 Nonbusiness deductions (standard deduction, $6,100) minus nonbusiness income (interest, $425) 5,675 Deduction for personal exemption 3,900 Total adjustments to net loss $10,575     Therefore, Glenn's NOL for 2013 is figured as follows: Glenn's total 2013 income $3,650 Less:     Glenn's original 2013 total deductions $16,000   Reduced by the disallowed items − 10,575 − 5,425 Glenn's NOL for 2013 $1,775 This image is too large to be displayed in the current screen. I forgot to file my 2012 taxes Please click the link to view the image. I forgot to file my 2012 taxes Form 1040, page 1 This image is too large to be displayed in the current screen. I forgot to file my 2012 taxes Please click the link to view the image. I forgot to file my 2012 taxes Form 1040, page 2 This image is too large to be displayed in the current screen. I forgot to file my 2012 taxes Please click the link to view the image. I forgot to file my 2012 taxes Form 1045, page 2 When To Use an NOL Generally, if you have an NOL for a tax year ending in 2013, you must carry back the entire amount of the NOL to the 2 tax years before the NOL year (the carryback period), and then carry forward any remaining NOL for up to 20 years after the NOL year (the carryforward period). I forgot to file my 2012 taxes You can, however, choose not to carry back an NOL and only carry it forward. I forgot to file my 2012 taxes See Waiving the Carryback Period , later. I forgot to file my 2012 taxes You cannot deduct any part of the NOL remaining after the 20-year carryforward period. I forgot to file my 2012 taxes NOL year. I forgot to file my 2012 taxes   This is the year in which the NOL occurred. I forgot to file my 2012 taxes Exceptions to 2-Year Carryback Rule Eligible losses, farming losses, qualified disaster losses, and specified liability losses, all defined next, qualify for longer carryback periods. I forgot to file my 2012 taxes Eligible loss. I forgot to file my 2012 taxes   The carryback period for eligible losses is 3 years. I forgot to file my 2012 taxes Only the eligible loss portion of the NOL can be carried back 3 years. I forgot to file my 2012 taxes An eligible loss is any part of an NOL that: Is from a casualty or theft, or Is attributable to a federally declared disaster for a qualified small business or certain qualified farming businesses. I forgot to file my 2012 taxes Qualified small business. I forgot to file my 2012 taxes   A qualified small business is a sole proprietorship or a partnership that has average annual gross receipts (reduced by returns and allowances) of $5 million or less during the 3-year period ending with the tax year of the NOL. I forgot to file my 2012 taxes If the business did not exist for this entire 3-year period, use the period the business was in existence. I forgot to file my 2012 taxes   An eligible loss does not include a farming loss or a qualified disaster loss. I forgot to file my 2012 taxes Farming loss. I forgot to file my 2012 taxes   The carryback period for a farming loss is 5 years. I forgot to file my 2012 taxes Only the farming loss portion of the NOL can be carried back 5 years. I forgot to file my 2012 taxes A farming loss is the smaller of: The amount that would be the NOL for the tax year if only income and deductions attributable to farming businesses were taken into account, or The NOL for the tax year. I forgot to file my 2012 taxes Farming business. I forgot to file my 2012 taxes   A farming business is a trade or business involving cultivation of land or the raising or harvesting of any agricultural or horticultural commodity. I forgot to file my 2012 taxes A farming business can include operating a nursery or sod farm or raising or harvesting most ornamental trees or trees bearing fruit, nuts, or other crops. I forgot to file my 2012 taxes The raising, shearing, feeding, caring for, training, and management of animals is also considered a farming business. I forgot to file my 2012 taxes   A farming business does not include contract harvesting of an agricultural or horticultural commodity grown or raised by someone else. I forgot to file my 2012 taxes It also does not include a business in which you merely buy or sell plants or animals grown or raised entirely by someone else. I forgot to file my 2012 taxes Waiving the 5-year carryback. I forgot to file my 2012 taxes   You can choose to figure the carryback period for a farming loss without regard to the special 5-year carryback rule. I forgot to file my 2012 taxes To make this choice for 2013, attach to your 2013 income tax return filed by the due date (including extensions) a statement that you are choosing to treat any 2013 farming losses without regard to the special 5-year carryback rule. I forgot to file my 2012 taxes If you filed your original return on time but did not file the statement with it, you can make this choice on an amended return filed within 6 months after the due date of the return (excluding extensions). I forgot to file my 2012 taxes Attach an election statement to your amended return, and write “Filed pursuant to section 301. I forgot to file my 2012 taxes 9100-2” at the top of the statement. I forgot to file my 2012 taxes Once made, this choice is irrevocable. I forgot to file my 2012 taxes Qualified disaster loss. I forgot to file my 2012 taxes   The carryback period for a qualified disaster loss is 5 years. I forgot to file my 2012 taxes Only the qualified disaster loss portion of the NOL can be carried back 5 years. I forgot to file my 2012 taxes A qualified disaster loss is the smaller of: The sum of: Any losses attributable to a federally declared disaster and occurring before January 1, 2010, in the disaster area, plus Any allowable qualified disaster expenses (even if you did not choose to treat those expenses as deductions in the current year), or The NOL for the tax year. I forgot to file my 2012 taxes Qualified disaster expenses. I forgot to file my 2012 taxes   A qualified disaster expense is any capital expense paid or incurred in connection with a trade or business or with business-related property which is: For the abatement or control of hazardous substances that were released as a result of a federally declared disaster occurring before January 1, 2010, For the removal of debris from, or the demolition of structures on, real property which is business-related property damaged or destroyed as a result of a federally declared disaster occurring before January 1, 2010, or For the repair of business-related property damaged as a result of a federally declared disaster occurring before January 1, 2010. I forgot to file my 2012 taxes Business-related property is property held for use in a trade or business, property held for the production of income, or inventory property. I forgot to file my 2012 taxes Note. I forgot to file my 2012 taxes Section 198A allows taxpayers to treat certain capital expenses (qualified disaster expenses) as deductions in the year the expenses were paid or incurred. I forgot to file my 2012 taxes Excluded losses. I forgot to file my 2012 taxes   A qualified disaster loss does not include any losses from property used in connection with any private or commercial golf course, country club, massage parlor, hot tub facility, suntan facility, or any store for which the principal business is the sale of alcoholic beverages for consumption off premises. I forgot to file my 2012 taxes   A qualified disaster loss also does not include any losses from any gambling or animal racing property. I forgot to file my 2012 taxes Gambling or animal racing property is any equipment, furniture, software, or other property used directly in connection with gambling, the racing of animals, or the on-site viewing of such racing, and the portion of any real property (determined by square footage) that is dedicated to gambling, the racing of animals, or the on-site viewing of such racing, unless this portion is less than 100 square feet. I forgot to file my 2012 taxes Specified liability loss. I forgot to file my 2012 taxes   The carryback period for a specified liability loss is 10 years. I forgot to file my 2012 taxes Only the specified liability loss portion of the NOL can be carried back 10 years. I forgot to file my 2012 taxes Generally, a specified liability loss is a loss arising from: Product liability and expenses incurred in the investigation or settlement of, or opposition to, product liability claims, or An act (or failure to act) that occurred at least 3 years before the beginning of the loss year and resulted in a liability under a federal or state law requiring: Reclamation of land, Dismantling of a drilling platform, Remediation of environmental contamination, or Payment under any workers compensation act. I forgot to file my 2012 taxes   Any loss from a liability arising from (1) through (4) above can be taken into account as a specified liability loss only if you used an accrual method of accounting throughout the period in which the act (or failure to act) occurred. I forgot to file my 2012 taxes For details, see section 172(f). I forgot to file my 2012 taxes Waiving the 10-year carryback. I forgot to file my 2012 taxes   You can choose to figure the carryback period for a specified liability loss without regard to the special 10-year carryback rule. I forgot to file my 2012 taxes To make this choice for 2013 attach to your 2013 income tax return filed by the due date (including extensions) a statement that you are choosing to treat any 2013 specified liability losses without regard to the special 10-year carryback rule. I forgot to file my 2012 taxes If you filed your original return on time but did not file the statement with it, you can make this choice on an amended return filed within 6 months after the due date of the return (excluding extensions). I forgot to file my 2012 taxes Attach a statement to your amended return and write “Filed pursuant to section 301. I forgot to file my 2012 taxes 9100-2” at the top of the statement. I forgot to file my 2012 taxes Once made, this choice is irrevocable. I forgot to file my 2012 taxes Waiving the Carryback Period You can choose not to carry back your NOL. I forgot to file my 2012 taxes If you make this choice, then you can use your NOL only in the 20-year carryforward period. I forgot to file my 2012 taxes (This choice means you also choose not to carry back any alternative tax NOL. I forgot to file my 2012 taxes ) To make this choice, attach a statement to your original return filed by the due date (including extensions) for the NOL year. I forgot to file my 2012 taxes This statement must show that you are choosing to waive the carryback period under section 172(b)(3). I forgot to file my 2012 taxes If you filed your original return on time but did not file the statement with it, you can make this choice on an amended return filed within 6 months of the due date of the return (excluding extensions). I forgot to file my 2012 taxes Attach a statement to your amended return, and write “Filed pursuant to section 301. I forgot to file my 2012 taxes 9100-2” at the top of the statement. I forgot to file my 2012 taxes Once you choose to waive the carryback period, it generally is irrevocable. I forgot to file my 2012 taxes If you choose to waive the carryback period for more than one NOL, you must make a separate choice and attach a separate statement for each NOL year. I forgot to file my 2012 taxes If you do not file this statement on time, you cannot waive the carryback period. I forgot to file my 2012 taxes How To Carry an NOL Back or Forward If you choose to carry back the NOL, you must first carry the entire NOL to the earliest carryback year. I forgot to file my 2012 taxes If your NOL is not used up, you can carry the rest to the next earliest carryback year, and so on. I forgot to file my 2012 taxes If you waive the carryback period or do not use up the NOL in the carryback period, carry forward what remains of the NOL to the 20 tax years following the NOL year. I forgot to file my 2012 taxes Start by carrying it to the first tax year after the NOL year. I forgot to file my 2012 taxes If you do not use it up, carry the unused part to the next year. I forgot to file my 2012 taxes Continue to carry any unused part of the NOL forward until the NOL is used up or you complete the 20-year carryforward period. I forgot to file my 2012 taxes Example 1. I forgot to file my 2012 taxes You started your business as a sole proprietor in 2013 and had a $42,000 NOL for the year. I forgot to file my 2012 taxes No part of the NOL qualifies for the 3-year, 5-year, or 10-year carryback. I forgot to file my 2012 taxes You begin using your NOL in 2011, the second year before the NOL year, as shown in the following chart. I forgot to file my 2012 taxes Year   Carryback/  Carryover Unused  Loss 2011 $42,000 $40,000 2012 40,000 37,000 2013 (NOL year)     2014 37,000 31,500 2015 31,500 22,500 2016 22,500 12,700 2017 12,700 4,000 2018 4,000 -0- If your loss were larger, you could carry it forward until the year 2033. I forgot to file my 2012 taxes If you still had an unused 2013 carryforward after the year 2033, you would not be allowed to deduct it. I forgot to file my 2012 taxes Example 2. I forgot to file my 2012 taxes Assume the same facts as in Example 1 , except that $4,000 of the NOL is attributable to a casualty loss and this loss qualifies for a 3-year carryback period. I forgot to file my 2012 taxes You begin using the $4,000 in 2010. I forgot to file my 2012 taxes As shown in the following chart, $3,000 of this NOL is used in 2010. I forgot to file my 2012 taxes The remaining $1,000 is carried to 2011 with the $38,000 NOL that you must begin using in 2011. I forgot to file my 2012 taxes Year   Carryback/  Carryover Unused  Loss 2010 $4,000 $1,000 2011 39,000 37,000 2012 37,000 34,000 2013 (NOL year)     2014 34,000 28,500 2015 28,500 19,500 2016 19,500 9,700 2017 9,700 1,000 2018 1,000 -0- How To Claim an NOL Deduction If you have not already carried the NOL to an earlier year, your NOL deduction is the total NOL. I forgot to file my 2012 taxes If you carried the NOL to an earlier year, your NOL deduction is the carried over NOL minus the NOL amount you used in the earlier year or years. I forgot to file my 2012 taxes If you carry more than one NOL to the same year, your NOL deduction is the total of these carrybacks and carryovers. I forgot to file my 2012 taxes NOL resulting in no taxable income. I forgot to file my 2012 taxes   If your NOL is more than the taxable income of the year you carry it to (figured before deducting the NOL), you generally will have an NOL carryover to the next year. I forgot to file my 2012 taxes See How To Figure an NOL Carryover , later, to determine how much NOL you have used and how much you carry to the next year. I forgot to file my 2012 taxes Deducting a Carryback If you carry back your NOL, you can use either Form 1045 or Form 1040X. I forgot to file my 2012 taxes You can get your refund faster by using Form 1045, but you have a shorter time to file it. I forgot to file my 2012 taxes You can use Form 1045 to apply an NOL to all carryback years. I forgot to file my 2012 taxes If you use Form 1040X, you must use a separate Form 1040X for each carryback year to which you apply the NOL. I forgot to file my 2012 taxes Estates and trusts that do not file Form 1045 must file an amended Form 1041 (instead of Form 1040X) for each carryback year to which NOLs are applied. I forgot to file my 2012 taxes Use a copy of the appropriate year's Form 1041, check the “Amended return” box, and follow the Form 1041 instructions for amended returns. I forgot to file my 2012 taxes Include the NOL deduction with other deductions not subject to the 2% limit (line 15a). I forgot to file my 2012 taxes Also, see the special procedures for filing an amended return due to an NOL carryback, explained under Form 1040X , later. I forgot to file my 2012 taxes Form 1045. I forgot to file my 2012 taxes   You can apply for a quick refund by filing Form 1045. I forgot to file my 2012 taxes This form results in a tentative adjustment of tax in the carryback year. I forgot to file my 2012 taxes See the Illustrated Form 1045 . I forgot to file my 2012 taxes at the end of this discussion. I forgot to file my 2012 taxes   If the IRS refunds or credits an amount to you from Form 1045 and later determines that the refund or credit is too much, the IRS may assess and collect the excess immediately. I forgot to file my 2012 taxes   Generally, you must file Form 1045 on or after the date you file your tax return for the NOL year, but not later than one year after the end of the NOL year. I forgot to file my 2012 taxes If the last day of the NOL year falls on a Saturday, Sunday, or holiday, the form will be considered timely if postmarked on the next business day. I forgot to file my 2012 taxes For example, if you are a calendar year taxpayer with a carryback from 2013 to 2011, you must file Form 1045 on or after the date you file your tax return for 2013, but no later than December 31, 2014. I forgot to file my 2012 taxes Form 1040X. I forgot to file my 2012 taxes   If you do not file Form 1045, you can file Form 1040X to get a refund of tax because of an NOL carryback. I forgot to file my 2012 taxes File Form 1040X within 3 years after the due date, including extensions, for filing the return for the NOL year. I forgot to file my 2012 taxes For example, if you are a calendar year taxpayer and filed your 2011 return by the April 15, 2012, due date, you must file a claim for refund of 2008 tax because of an NOL carryback from 2011 by April 15, 2015. I forgot to file my 2012 taxes   Attach a computation of your NOL using Form 1045, Schedule A, and, if it applies, your NOL carryover using Form 1045, Schedule B, discussed later . I forgot to file my 2012 taxes Refiguring your tax. I forgot to file my 2012 taxes   To refigure your total tax liability for a carryback year, first refigure your adjusted gross income for that year. I forgot to file my 2012 taxes (On Form 1045, use lines 10 and 11 and the “After carryback” column for the applicable carryback year. I forgot to file my 2012 taxes ) Use your adjusted gross income after applying the NOL deduction to refigure income or deduction items that are based on, or limited to, a percentage of your adjusted gross income. I forgot to file my 2012 taxes Refigure the following items. I forgot to file my 2012 taxes The special allowance for passive activity losses from rental real estate activities. I forgot to file my 2012 taxes Taxable social security and tier 1 railroad retirement benefits. I forgot to file my 2012 taxes IRA deductions. I forgot to file my 2012 taxes Excludable savings bond interest. I forgot to file my 2012 taxes Excludable employer-provided adoption benefits. I forgot to file my 2012 taxes The student loan interest deduction. I forgot to file my 2012 taxes The tuition and fees deduction. I forgot to file my 2012 taxes   If more than one of these items apply, refigure them in the order listed above, using your adjusted gross income after applying the NOL deduction and any previous item. I forgot to file my 2012 taxes (Enter your NOL deduction on Form 1045, line 10. I forgot to file my 2012 taxes On line 11, using the “After carryback” column, enter your adjusted gross income refigured after applying the NOL deduction and after refiguring any above items. I forgot to file my 2012 taxes )   Next, refigure your taxable income. I forgot to file my 2012 taxes (On Form 1045, use lines 12 through 15 and the “After carryback” column. I forgot to file my 2012 taxes ) Use your refigured adjusted gross income (Form 1045, line 11, using the “After carryback” column) to refigure certain deductions and other items that are based on or limited to a percentage of your adjusted gross income. I forgot to file my 2012 taxes Refigure the following items. I forgot to file my 2012 taxes The itemized deduction for medical expenses. I forgot to file my 2012 taxes The itemized deduction for qualified mortgage insurance premiums. I forgot to file my 2012 taxes The itemized deduction for casualty losses. I forgot to file my 2012 taxes Miscellaneous itemized deductions subject to the 2% limit. I forgot to file my 2012 taxes The overall limit on itemized deductions (do not apply to carryback years beginning after December 31, 2009). I forgot to file my 2012 taxes The phaseout of the deduction for exemptions (do not apply to carryback years beginning after December 31, 2009). I forgot to file my 2012 taxes Qualified motor vehicle tax (do not apply to carryback years beginning after December 31, 2009). I forgot to file my 2012 taxes    Do not refigure the itemized deduction for charitable contributions. I forgot to file my 2012 taxes   Finally, use your refigured taxable income (Form 1045, line 15, using the “After carryback” column) to refigure your total tax liability. I forgot to file my 2012 taxes Refigure your income tax, your alternative minimum tax, and any credits that are based on or limited by your adjusted gross income (AGI), modified adjusted gross income (MAGI), or tax liability. I forgot to file my 2012 taxes (On Form 1045, use lines 16 through 25, and the “After carryback” column. I forgot to file my 2012 taxes ) The earned income credit, for example, may be affected by changes to adjusted gross income or the amount of tax (or both) and, therefore, must be recomputed. I forgot to file my 2012 taxes If you become eligible for a credit because of the carryback, complete the form for that specific credit (such as the EIC Worksheet) for that year. I forgot to file my 2012 taxes   While it is necessary to refigure your income tax, alternative minimum tax, and credits, do not refigure your self-employment tax. I forgot to file my 2012 taxes Deducting a Carryforward If you carry forward your NOL to a tax year after the NOL year, list your NOL deduction as a negative figure on the “Other income” line of Form 1040 or Form 1040NR (line 21 for 2013). I forgot to file my 2012 taxes Estates and trusts include an NOL deduction on Form 1041 with other deductions not subject to the 2% limit (line 15a for 2013). I forgot to file my 2012 taxes You must attach a statement that shows all the important facts about the NOL. I forgot to file my 2012 taxes Your statement should include a computation showing how you figured the NOL deduction. I forgot to file my 2012 taxes If you deduct more than one NOL in the same year, your statement must cover each of them. I forgot to file my 2012 taxes Change in Marital Status If you and your spouse were not married to each other in all years involved in figuring NOL carrybacks and carryovers, only the spouse who had the loss can take the NOL deduction. I forgot to file my 2012 taxes If you file a joint return, the NOL deduction is limited to the income of that spouse. I forgot to file my 2012 taxes For example, if your marital status changes because of death or divorce, and in a later year you have an NOL, you can carry back that loss only to the part of the income reported on the joint return (filed with your former spouse) that was related to your taxable income. I forgot to file my 2012 taxes After you deduct the NOL in the carryback year, the joint rates apply to the resulting taxable income. I forgot to file my 2012 taxes Refund limit. I forgot to file my 2012 taxes   If you are not married in the NOL year (or are married to a different spouse), and in the carryback year you were married and filed a joint return, your refund for the overpaid joint tax may be limited. I forgot to file my 2012 taxes You can claim a refund for the difference between your share of the refigured tax and your contribution toward the tax paid on the joint return. I forgot to file my 2012 taxes The refund cannot be more than the joint overpayment. I forgot to file my 2012 taxes Attach a statement showing how you figured your refund. I forgot to file my 2012 taxes Figuring your share of a joint tax liability. I forgot to file my 2012 taxes   There are five steps for figuring your share of the refigured joint tax liability. I forgot to file my 2012 taxes Figure your total tax as though you had filed as married filing separately. I forgot to file my 2012 taxes Figure your spouse's total tax as though your spouse had also filed as married filing separately. I forgot to file my 2012 taxes Add the amounts in (1) and (2). I forgot to file my 2012 taxes Divide the amount in (1) by the amount in (3). I forgot to file my 2012 taxes Multiply the refigured tax on your joint return by the amount figured in (4). I forgot to file my 2012 taxes This is your share of the joint tax liability. I forgot to file my 2012 taxes Figuring your contribution toward tax paid. I forgot to file my 2012 taxes   Unless you have an agreement or clear evidence of each spouse's contributions toward the payment of the joint tax liability, figure your contribution by adding the tax withheld on your wages and your share of joint estimated tax payments or tax paid with the return. I forgot to file my 2012 taxes If the original return for the carryback year resulted in an overpayment, reduce your contribution by your share of the tax refund. I forgot to file my 2012 taxes Figure your share of a joint payment or refund by the same method used in figuring your share of the joint tax liability. I forgot to file my 2012 taxes Use your taxable income as originally reported on the joint return in steps (1) and (2) above, and substitute the joint payment or refund for the refigured joint tax in step (5). I forgot to file my 2012 taxes Change in Filing Status If you and your spouse were married and filed a joint return for each year involved in figuring NOL carrybacks and carryovers, figure the NOL deduction on a joint return as you would for an individual. I forgot to file my 2012 taxes However, treat the NOL deduction as a joint NOL. I forgot to file my 2012 taxes If you and your spouse were married and filed separate returns for each year involved in figuring NOL carrybacks and carryovers, the spouse who sustained the loss may take the NOL deduction on a separate return. I forgot to file my 2012 taxes Special rules apply for figuring the NOL carrybacks and carryovers of married people whose filing status changes for any tax year involved in figuring an NOL carryback or carryover. I forgot to file my 2012 taxes Separate to joint return. I forgot to file my 2012 taxes   If you and your spouse file a joint return for a carryback or carryforward year, and were married but filed separate returns for any of the tax years involved in figuring the NOL carryback or carryover, treat the separate carryback or carryover as a joint carryback or carryover. I forgot to file my 2012 taxes Joint to separate returns. I forgot to file my 2012 taxes   If you and your spouse file separate returns for a carryback or carryforward year, but filed a joint return for any or all of the tax years involved in figuring the NOL carryover, figure each of your carryovers separately. I forgot to file my 2012 taxes Joint return in NOL year. I forgot to file my 2012 taxes   Figure each spouse's share of the joint NOL through the following steps. I forgot to file my 2012 taxes Figure each spouse's NOL as if he or she filed a separate return. I forgot to file my 2012 taxes See How To Figure an NOL , earlier. I forgot to file my 2012 taxes If only one spouse has an NOL, stop here. I forgot to file my 2012 taxes All of the joint NOL is that spouse's NOL. I forgot to file my 2012 taxes If both spouses have an NOL, multiply the joint NOL by a fraction, the numerator of which is spouse A's NOL figured in (1) and the denominator of which is the total of the spouses' NOLs figured in (1). I forgot to file my 2012 taxes The result is spouse A's share of the joint NOL. I forgot to file my 2012 taxes The rest of the joint NOL is spouse B's share. I forgot to file my 2012 taxes Example 1. I forgot to file my 2012 taxes Mark and Nancy are married and file a joint return for 2013. I forgot to file my 2012 taxes They have an NOL of $5,000. I forgot to file my 2012 taxes They carry the NOL back to 2011, a year in which Mark and Nancy filed separate returns. I forgot to file my 2012 taxes Figured separately, Nancy's 2013 deductions were more than her income, and Mark's income was more than his deductions. I forgot to file my 2012 taxes Mark does not have any NOL to carry back. I forgot to file my 2012 taxes Nancy can carry back the entire $5,000 NOL to her 2011 separate return. I forgot to file my 2012 taxes Example 2. I forgot to file my 2012 taxes Assume the same facts as in Example 1 , except that both Mark and Nancy had deductions in 2013 that were more than their income. I forgot to file my 2012 taxes Figured separately, his NOL is $1,800 and her NOL is $3,000. I forgot to file my 2012 taxes The sum of their separate NOLs ($4,800) is less than their $5,000 joint NOL because his deductions included a $200 net capital loss that is not allowed in figuring his separate NOL. I forgot to file my 2012 taxes The loss is allowed in figuring their joint NOL because it was offset by Nancy's capital gains. I forgot to file my 2012 taxes Mark's share of their $5,000 joint NOL is $1,875 ($5,000 × $1,800/$4,800) and Nancy's is $3,125 ($5,000 − $1,875). I forgot to file my 2012 taxes Joint return in previous carryback or carryforward year. I forgot to file my 2012 taxes   If only one spouse had an NOL deduction on the previous year's joint return, all of the joint carryover is that spouse's carryover. I forgot to file my 2012 taxes If both spouses had an NOL deduction (including separate carryovers of a joint NOL, figured as explained in the previous discussion ), figure each spouse's share of the joint carryover through the following steps. I forgot to file my 2012 taxes Figure each spouse's modified taxable income as if he or she filed a separate return. I forgot to file my 2012 taxes See Modified taxable income under How To Figure an NOL Carryover , later. I forgot to file my 2012 taxes Multiply the joint modified taxable income you used to figure the joint carryover by a fraction, the numerator of which is spouse A's modified taxable income figured in (1) and the denominator of which is the total of the spouses' modified taxable incomes figured in (1). I forgot to file my 2012 taxes This is spouse A's share of the joint modified taxable income. I forgot to file my 2012 taxes Subtract the amount figured in (2) from the joint modified taxable income. I forgot to file my 2012 taxes This is spouse B's share of the joint modified taxable income. I forgot to file my 2012 taxes Reduce the amount figured in (3), but not below zero, by spouse B's NOL deduction. I forgot to file my 2012 taxes Add the amounts figured in (2) and (4). I forgot to file my 2012 taxes Subtract the amount figured in (5) from spouse A's NOL deduction. I forgot to file my 2012 taxes This is spouse A's share of the joint carryover. I forgot to file my 2012 taxes The rest of the joint carryover is spouse B's share. I forgot to file my 2012 taxes Example. I forgot to file my 2012 taxes Sam and Wanda filed a joint return for 2011 and separate returns for 2012 and 2013. I forgot to file my 2012 taxes In 2013, Sam had an NOL of $18,000 and Wanda had an NOL of $2,000. I forgot to file my 2012 taxes They choose to carry back both NOLs 2 years to their 2011 joint return and claim a $20,000 NOL deduction. I forgot to file my 2012 taxes Their joint modified taxable income (MTI) for 2011 is $15,000, and their joint NOL carryover to 2012 is $5,000 ($20,000 – $15,000). I forgot to file my 2012 taxes Sam and Wanda each figure their separate MTI for 2011 as if they had filed separate returns. I forgot to file my 2012 taxes Then they figure their shares of the $5,000 carryover as follows. I forgot to file my 2012 taxes Step 1. I forgot to file my 2012 taxes   Sam's separate MTI $9,000 Wanda's separate MTI + 3,000 Total MTI $12,000 Step 2. I forgot to file my 2012 taxes   Joint MTI $15,000 Sam's MTI ÷ total MTI ($9,000 ÷ $12,000) × . I forgot to file my 2012 taxes 75 Sam's share of joint MTI $11,250 Step 3. I forgot to file my 2012 taxes   Joint MTI $15,000 Sam's share of joint MTI − 11,250 Wanda's share of joint MTI $3,750 Step 4. I forgot to file my 2012 taxes   Wanda's share of joint MTI $3,750 Wanda's NOL deduction − 2,000 Wanda's remaining share $1,750 Step 5. I forgot to file my 2012 taxes   Sam's share of joint MTI $11,250 Wanda's remaining share + 1,750 Joint MTI to be offset $13,000 Step 6. I forgot to file my 2012 taxes   Sam's NOL deduction $18,000 Joint MTI to be offset − 13,000 Sam's carryover to 2012 $5,000 Joint carryover to 2012 $5,000 Sam's carryover − 5,000 Wanda's carryover to 2012 $-0- Wanda's $2,000 NOL deduction offsets $2,000 of her $3,750 share of the joint modified taxable income and is completely used up. I forgot to file my 2012 taxes She has no carryover to 2012. I forgot to file my 2012 taxes Sam's $18,000 NOL deduction offsets all of his $11,250 share of joint modified taxable income and the remaining $1,750 of Wanda's share. I forgot to file my 2012 taxes His carryover to 2012 is $5,000. I forgot to file my 2012 taxes Illustrated Form 1045 The following example illustrates how to use Form 1045 to claim an NOL deduction in a carryback year. I forgot to file my 2012 taxes It includes a filled-in page 1 of Form 1045. I forgot to file my 2012 taxes Example. I forgot to file my 2012 taxes Martha Sanders is a self-employed contractor. I forgot to file my 2012 taxes Martha's 2013 deductions are more than her 2013 income because of a business loss. I forgot to file my 2012 taxes She uses Form 1045 to carry back her NOL 2 years and claim an NOL deduction in 2011. I forgot to file my 2012 taxes Her filing status in both years was single. I forgot to file my 2012 taxes See the filled-in Form 1045 later. I forgot to file my 2012 taxes Martha figures her 2013 NOL on Form 1045, Schedule A (not shown). I forgot to file my 2012 taxes (For an example using Form 1045, Schedule A, see Illustrated Form 1045, Schedule A under How To Figure an NOL , earlier. I forgot to file my 2012 taxes ) She enters the $10,000 NOL from Form 1045, Schedule A, line 25, on Form 1045, line 1a. I forgot to file my 2012 taxes Martha completes lines 10 through 25, using the “Before carryback” column under the column for the second preceding tax year ended 12/31/11 on page 1 of Form 1045 using the following amounts from her 2011 return. I forgot to file my 2012 taxes 2011 Adjusted gross income $50,000 Itemized deductions:     Medical expenses [$6,000 − ($50,000 × 7. I forgot to file my 2012 taxes 5%)] $2,250   State income tax + 2,000   Real estate tax + 4,000   Home mortgage interest + 5,000   Total itemized deductions $13,250 Exemption $3,700 Income tax $4,550 Self-employment tax $6,120   Martha refigures her taxable income for 2011 after carrying back her 2013 NOL as follows: 2011 Adjusted gross income $50,000 Less:     NOL from 2013 −10,000 2011 Adjusted gross income after carryback $40,000 Less:     Itemized deductions:     Medical expenses [$6,000 − ($40,000 × 7. I forgot to file my 2012 taxes 5%)] $3,000   State income tax + 2,000   Real estate tax + 4,000   Home mortgage interest + 5,000   Total itemized deductions −14,000 Less:     Exemption − 3,700 2011 Taxable income after carryback $22,300 Martha then completes lines 10 through 25, using the “After carryback” column under the column for the second preceding tax year ended 12/31/11. I forgot to file my 2012 taxes On line 10, Martha enters her $10,000 NOL deduction. I forgot to file my 2012 taxes Her new adjusted gross income on line 11 is $40,000 ($50,000 − $10,000). I forgot to file my 2012 taxes To complete line 12, she must refigure her medical expense deduction using her new adjusted gross income. I forgot to file my 2012 taxes Her refigured medical expense deduction is $3,000 [$6,000 − ($40,000 × 7. I forgot to file my 2012 taxes 5%)]. I forgot to file my 2012 taxes This increases her total itemized deductions to $14,000 [$13,250 + ($3,000 − $2,250)]. I forgot to file my 2012 taxes Martha uses her refigured taxable income ($22,300) from line 15, and the tax tables in her 2011 Form 1040 instructions to find her income tax. I forgot to file my 2012 taxes She enters the new amount, $2,924, on line 16, and her new total tax liability, $9,044, on line 25. I forgot to file my 2012 taxes Martha used up her $10,000 NOL in 2011 so she does not complete a column for the first preceding tax year ended 12/31/2012. I forgot to file my 2012 taxes The decrease in tax because of her NOL deduction (line 27) is $1,612. I forgot to file my 2012 taxes Martha files Form 1045 after filing her 2013 return, but no later than December 31, 2014. I forgot to file my 2012 taxes She mails it to the Internal Revenue Service Center for the place where she lives as shown in the 2013 instructions for Form 1040 and attaches a copy of her 2013 return (including the applicable forms and schedules). I forgot to file my 2012 taxes This image is too large to be displayed in the current screen. I forgot to file my 2012 taxes Please click the link to view the image. I forgot to file my 2012 taxes Form 1045, page 1 How To Figure an NOL Carryover If your NOL is more than your taxable income for the year to which you carry it (figured before deducting the NOL), you may have an NOL carryover. I forgot to file my 2012 taxes You must make certain modifications to your taxable income to determine how much NOL you will use up in that year and how much you can carry over to the next tax year. I forgot to file my 2012 taxes Your carryover is the excess of your NOL deduction over your modified taxable income for the carryback or carryforward year. I forgot to file my 2012 taxes If your NOL deduction includes more than one NOL, apply the NOLs against your modified taxable income in the same order in which you incurred them, starting with the earliest. I forgot to file my 2012 taxes Modified taxable income. I forgot to file my 2012 taxes   Your modified taxable income is your taxable income figured with the following changes. I forgot to file my 2012 taxes You cannot claim an NOL deduction for the NOL carryover you are figuring or for any later NOL. I forgot to file my 2012 taxes You cannot claim a deduction for capital losses in excess of your capital gains. I forgot to file my 2012 taxes Also, you must increase your taxable income by the amount of any section 1202 exclusion. I forgot to file my 2012 taxes You cannot claim the domestic production activities deduction. I forgot to file my 2012 taxes You cannot claim a deduction for your exemptions for yourself, your spouse, or dependents. I forgot to file my 2012 taxes You must figure any item affected by the amount of your adjusted gross income after making the changes in (1), (2), and (3), above, and certain other changes to your adjusted gross income that result from (1), (2), and (3). I forgot to file my 2012 taxes This includes income and deduction items used to figure adjusted gross income (for example, IRA deductions), as well as certain itemized deductions. I forgot to file my 2012 taxes To figure a charitable contribution deduction, do not include deductions for NOL carrybacks in the change in (1) but do include deductions for NOL carryforwards from tax years before the NOL year. I forgot to file my 2012 taxes   Your taxable income as modified cannot be less than zero. I forgot to file my 2012 taxes Form 1045, Schedule B. I forgot to file my 2012 taxes   You can use Form 1045, Schedule B, to figure your modified taxable income for carryback years and your carryover from each of those years. I forgot to file my 2012 taxes Do not use Form 1045, Schedule B, for a carryforward year. I forgot to file my 2012 taxes If your 2013 return includes an NOL deduction from an NOL year before 2013 that reduced your taxable income to zero (to less than zero, if an estate or trust), see NOL Carryover From 2013 to 2014 , later. I forgot to file my 2012 taxes Illustrated Form 1045, Schedule B The following example illustrates how to figure an NOL carryover from a carryback year. I forgot to file my 2012 taxes It includes a filled-in Form 1045, Schedule B. I forgot to file my 2012 taxes Example. I forgot to file my 2012 taxes Ida Brown runs a small clothing shop. I forgot to file my 2012 taxes In 2013, she has an NOL of $36,000 that she carries back to 2011. I forgot to file my 2012 taxes She has no other carrybacks or carryforwards to 2011. I forgot to file my 2012 taxes Ida's adjusted gross income in 2011 was $35,000, consisting of her salary of $36,000 minus a $1,000 capital loss deduction. I forgot to file my 2012 taxes She is single and claimed only one personal exemption of $3,700. I forgot to file my 2012 taxes During that year, she gave $1,450 in charitable contributions. I forgot to file my 2012 taxes Her medical expenses were $3,000. I forgot to file my 2012 taxes She also deducted $1,650 in taxes and $3,125 in home mortgage interest. I forgot to file my 2012 taxes Her deduction for charitable contributions was not limited because her contributions, $1,450, were less than 50% of her adjusted gross income. I forgot to file my 2012 taxes The deduction for medical expenses was limited to expenses over 7. I forgot to file my 2012 taxes 5% of adjusted gross income (. I forgot to file my 2012 taxes 075 × $35,000 = $2,625; $3,000 − $2,625 = $375). I forgot to file my 2012 taxes The deductions for taxes and home mortgage interest were not subject to any limits. I forgot to file my 2012 taxes She was able to claim $6,600 ($1,450 + $375 + $1,650 + $3,125) in itemized deductions and a personal exemption deduction of $3,700 for 2011. I forgot to file my 2012 taxes She had no other deductions in 2011 (except the NOL deduction). I forgot to file my 2012 taxes Her taxable income (figured without the NOL deduction) for the year was $24,700. I forgot to file my 2012 taxes Ida's adjusted gross income in 2012 was $9,325, consisting of net business income from the clothing shop of $12,325 and a net capital loss of $3,000. I forgot to file my 2012 taxes She did not itemize her deductions in 2012. I forgot to file my 2012 taxes She deducted the standard deduction of $5,950 and the personal exemption deduction of $3,800. I forgot to file my 2012 taxes She had no other deductions in 2012 (other than the NOL deduction). I forgot to file my 2012 taxes Her taxable income, therefore, was ($425). I forgot to file my 2012 taxes Ida's $36,000 carryback will result in her having 2011 taxable income of zero. I forgot to file my 2012 taxes She then completes the column for the second preceding tax year ended 12/31/11 on Form 1045, Schedule B, to figure how much of her NOL she uses up in 2011 and how much she can carry over to 2012. I forgot to file my 2012 taxes She completes the column for the first preceding tax year ended 12/31/12. I forgot to file my 2012 taxes See the illustrated Form 1045, Schedule B , shown later. I forgot to file my 2012 taxes Column 1, line 1. I forgot to file my 2012 taxes Ida enters $36,000, her 2013 net operating loss, on line 1. I forgot to file my 2012 taxes Column 1, line 2. I forgot to file my 2012 taxes She enters $24,700, her 2011 taxable income (figured without the NOL deduction), on line 2. I forgot to file my 2012 taxes Column 1, line 3. I forgot to file my 2012 taxes Ida enters her net capital loss deduction of $1,000 on line 3. I forgot to file my 2012 taxes Column 1, lines 4 and 5. I forgot to file my 2012 taxes Ida had no section 1202 exclusion or domestic production activities deduction in 2011. I forgot to file my 2012 taxes She enters zero on lines 4 and 5. I forgot to file my 2012 taxes Column 1, line 6. I forgot to file my 2012 taxes Although Ida's entry on line 3 modifies her adjusted gross income, that does not affect any other items included in her adjusted gross income. I forgot to file my 2012 taxes Ida enters zero on line 6. I forgot to file my 2012 taxes Column 1, line 7. I forgot to file my 2012 taxes Ida had itemized deductions and entered $1,000 on line 3, so she completes lines 11 through 38 to figure her adjustment to itemized deductions. I forgot to file my 2012 taxes On line 7, she enters the total adjustment from line 38. I forgot to file my 2012 taxes Column 1, line 8. I forgot to file my 2012 taxes Ida enters the deduction for her personal exemption of $3,700 for 2011. I forgot to file my 2012 taxes Column 1, line 9. I forgot to file my 2012 taxes After combining lines 2 through 8, Ida's modified taxable income is $29,475. I forgot to file my 2012 taxes Column 1, line 10. I forgot to file my 2012 taxes Ida figures her carryover to 2012 by subtracting her modified taxable income (line 9) from her NOL deduction (line 1). I forgot to file my 2012 taxes She enters the $6,525 carryover on line 10. I forgot to file my 2012 taxes She also enters the $6,525 as her NOL deduction for 2012 on Form 1045, page 1, line 10, in the “After carryback” column under the column for the first preceding tax year ended 12/31/12. I forgot to file my 2012 taxes (For an illustrated example of page 1 of Form 1045, see Illustrated Form 1045 under How To Claim an NOL Deduction , earlier. I forgot to file my 2012 taxes ) Next, Ida completes column 2 for the first preceding tax year ended 12/31/12. I forgot to file my 2012 taxes Column 1, line 11. I forgot to file my 2012 taxes Ida's adjusted gross income for 2011 was $35,000. I forgot to file my 2012 taxes Column 1, line 12. I forgot to file my 2012 taxes She adds lines 3 through 6 and enters $1,000 on line 12. I forgot to file my 2012 taxes (This is her net capital loss deduction added back, which modifies her adjusted gross income. I forgot to file my 2012 taxes ) Column 1, line 13. I forgot to file my 2012 taxes Her modified adjusted gross income for 2011 is now $36,000. I forgot to file my 2012 taxes Column 1, line 14. I forgot to file my 2012 taxes On her 2011 tax return, she deducted $375 as medical expenses. I forgot to file my 2012 taxes Column 1, line 15. I forgot to file my 2012 taxes Her actual medical expenses were $3,000. I forgot to file my 2012 taxes Column 1, line 16. I forgot to file my 2012 taxes She multiplies her modified adjusted gross income, $36,000, by . I forgot to file my 2012 taxes 075. I forgot to file my 2012 taxes She enters $2,700 on line 16. I forgot to file my 2012 taxes Column 1, line 17. I forgot to file my 2012 taxes She substracts $2,700 from her actual medical expenses, $3,000. I forgot to file my 2012 taxes She enters $300 on line 17. I forgot to file my 2012 taxes This is her modified medical deduction. I forgot to file my 2012 taxes Column 1, line 18. I forgot to file my 2012 taxes The difference between her medical deduction and her modified medical deduction is $75. I forgot to file my 2012 taxes She enters this on line 18. I forgot to file my 2012 taxes Column 1, lines 19 through 21. I forgot to file my 2012 taxes Ida had no deduction for qualified mortgage insurance premiums in 2011. I forgot to file my 2012 taxes She skips lines 19 and 20 and enters zero on line 21. I forgot to file my 2012 taxes Column 1, line 22. I forgot to file my 2012 taxes She enters her modified adjusted gross income of $36,000 on line 22. I forgot to file my 2012 taxes Column 1, line 23. I forgot to file my 2012 taxes She had no other carrybacks to 2011 and enters zero on line 23. I forgot to file my 2012 taxes Column 1, line 24. I forgot to file my 2012 taxes Her modified adjusted gross income remains $36,000. I forgot to file my 2012 taxes Column 1, line 25. I forgot to file my 2012 taxes Her actual contributions for 2011 were $1,450, which she enters on line 25. I forgot to file my 2012 taxes Column 1, line 26. I forgot to file my 2012 taxes She now refigures her charitable contributions based on her modified adjusted gross income. I forgot to file my 2012 taxes Her contributions are well below the 50% limit, so she enters $1,450 on line 26. I forgot to file my 2012 taxes Column 1, line 27. I forgot to file my 2012 taxes The difference is zero. I forgot to file my 2012 taxes Column 1, lines 28 through 37. I forgot to file my 2012 taxes Ida had no casualty losses or deductions for miscellaneous items in 2011. I forgot to file my 2012 taxes She skips lines 28 through 31 and lines 33 through 36. I forgot to file my 2012 taxes Ida enters zero on lines 32 and 37. I forgot to file my 2012 taxes Column 1, line 38. I forgot to file my 2012 taxes She combines lines 18, 21, 27, 32, and 37 and enters $75 on line 38. I forgot to file my 2012 taxes She carries this figure to line 7. I forgot to file my 2012 taxes Column 2, line 1. I forgot to file my 2012 taxes Ida enters $6,525, the carryback of her 2013 NOL to 2012, from column 1, line 10, on line 1. I forgot to file my 2012 taxes Column 2, line 2. I forgot to file my 2012 taxes She enters ($425), her 2012 taxable income, on line 2. I forgot to file my 2012 taxes Column 2, line 3. I forgot to file my 2012 taxes Ida enters her net capital loss deduction of $3,000 on line 3. I forgot to file my 2012 taxes Column 2, lines 4 and 5. I forgot to file my 2012 taxes Ida had no section 1202 exclusion or domestic production activities deduction in 2012. I forgot to file my 2012 taxes She enters zero on lines 4 and 5. I forgot to file my 2012 taxes Column 2, line 6. I forgot to file my 2012 taxes Although Ida's entry on line 3 modifies her adjusted gross income, that does not affect any other items included in her adjusted gross income. I forgot to file my 2012 taxes Ida enters zero on line 6. I forgot to file my 2012 taxes Column 2, line 7. I forgot to file my 2012 taxes Because Ida did not itemize deductions on her 2012 tax return, she enters zero on line 7. I forgot to file my 2012 taxes Column 2, line 8. I forgot to file my 2012 taxes Ida enters the deduction for her personal exemption of $3,800 for 2012. I forgot to file my 2012 taxes Column 2, line 9. I forgot to file my 2012 taxes After combining lines 2 through 8, Ida's modified taxable income is $6,375. I forgot to file my 2012 taxes Column 2, line 10. I forgot to file my 2012 taxes Ida figures her carryforward to 2014 by subtracting her modified taxable income (line 9) from her NOL deduction (line 1). I forgot to file my 2012 taxes She enters the $150 carryover on line 10. I forgot to file my 2012 taxes This image is too large to be displayed in the current screen. I forgot to file my 2012 taxes Please click the link to view the image. I forgot to file my 2012 taxes Form 1045, page 3 This image is too large to be displayed in the current screen. I forgot to file my 2012 taxes Please click the link to view the image. I forgot to file my 2012 taxes Form 1045, page 4 NOL Carryover From 2013 to 2014 If you had an NOL deduction carried forward from a year prior to 2013 that resulted in your having taxable income on your 2013 return of zero (of less than zero, if an estate or trust), complete Table 1 , Worksheet for NOL Carryover From 2013 to 2014, on the following pages. I forgot to file my 2012 taxes It will help you figure your NOL to carry to 2014. I forgot to file my 2012 taxes Keep the worksheet for your records. I forgot to file my 2012 taxes Worksheet Instructions At the top of the worksheet, enter the NOL year for which you are figuring the carryover. I forgot to file my 2012 taxes More than one NOL. I forgot to file my 2012 taxes   If your 2013 NOL deduction includes amounts for more than one loss year, complete this worksheet only for one loss year. I forgot to file my 2012 taxes To determine which year, start with your earliest NOL and subtract each NOL separately from your taxable income figured without the NOL deduction. I forgot to file my 2012 taxes Complete this worksheet for the earliest NOL that results in your having taxable income below zero. I forgot to file my 2012 taxes Your NOL carryover to 2014 is the total of the amount on line 10 of the worksheet and all later NOL amounts. I forgot to file my 2012 taxes Example. I forgot to file my 2012 taxes Your taxable income for 2013 is $5,000 without your $9,000 NOL deduction. I forgot to file my 2012 taxes Your NOL deduction includes a $2,000 carryover from 2011 and a $7,000 carryover from 2012. I forgot to file my 2012 taxes Subtract your 2011 NOL of $2,000 from $5,000. I forgot to file my 2012 taxes This gives you taxable income of $3,000. I forgot to file my 2012 taxes Your 2011 NOL is now completely used up. I forgot to file my 2012 taxes Subtract your $7,000 2012 NOL from $3,000. I forgot to file my 2012 taxes This gives you taxable income of ($4,000). I forgot to file my 2012 taxes You now complete the worksheet for your 2012 NOL. I forgot to file my 2012 taxes Your NOL carryover to 2014 is the unused part of your 2012 NOL from line 10 of the worksheet. I forgot to file my 2012 taxes Line 2. I forgot to file my 2012 taxes   Treat your NOL deduction for the NOL year entered at the top of the worksheet and later years as a positive amount. I forgot to file my 2012 taxes Add it to your negative taxable income (figured without the NOL deduction). I forgot to file my 2012 taxes Enter the result on line 2. I forgot to file my 2012 taxes Line 6. I forgot to file my 2012 taxes   You must refigure the following income and deductions based on adjusted gross income. I forgot to file my 2012 taxes The special allowance for passive activity losses from rental real estate activities. I forgot to file my 2012 taxes Taxable social security and tier 1 railroad retirement benefits. I forgot to file my 2012 taxes IRA deductions. I forgot to file my 2012 taxes Excludable savings bond interest. I forgot to file my 2012 taxes Excludable employer-provided adoption benefits. I forgot to file my 2012 taxes The student loan interest deduction. I forgot to file my 2012 taxes The tuition and fees deduction. I forgot to file my 2012 taxes   If none of these items apply to you, enter zero on line 6. I forgot to file my 2012 taxes Otherwise, increase your adjusted gross income by the total of lines 3 through 5 and your NOL deduction for the NOL year entered at the top of the worksheet and later years. I forgot to file my 2012 taxes Using this increased adjusted gross income, refigure the items that apply, in the order listed above. I forgot to file my 2012 taxes Your adjustment for each item is the difference between the refigured amount and the amount included on your return. I forgot to file my 2012 taxes Combine the adjustments for previous items with your adjusted gross income before refiguring the next item. I forgot to file my 2012 taxes Keep a record of your computations. I forgot to file my 2012 taxes   Enter your total adjustments for the above items on line 6. I forgot to file my 2012 taxes Line 7. I forgot to file my 2012 taxes   Enter zero if you claimed the standard deduction or the amounts on lines 3 through 5 are zero. I forgot to file my 2012 taxes Otherwise, use lines 11 through 33 of the worksheet to figure the amount to enter on this line. I forgot to file my 2012 taxes Complete only those sections that apply to you. I forgot to file my 2012 taxes Estates and trusts. I forgot to file my 2012 taxes   Enter zero on line 7 if you did not claim any miscellaneous deductions on Form 1041, line 15c, or a casualty or theft loss. I forgot to file my 2012 taxes Otherwise, refigure these deductions by substituting modified adjusted gross income (see below ) for adjusted gross income. I forgot to file my 2012 taxes Subtract the recomputed deductions from those claimed on the return. I forgot to file my 2012 taxes Enter the result on line 7. I forgot to file my 2012 taxes Modified adjusted gross income. I forgot to file my 2012 taxes   To refigure miscellaneous itemized deductions of an estate or trust (Form 1041, line 15c), modified adjusted gross income is the total of the following amounts. I forgot to file my 2012 taxes The adjusted gross income on the return. I forgot to file my 2012 taxes The amounts from lines 3 through 5 of the worksheet. I forgot to file my 2012 taxes The exemption amount from Form 1041, line 20. I forgot to file my 2012 taxes The NOL deduction for the NOL year entered at the top of the worksheet and for later years. I forgot to file my 2012 taxes   To refigure the casualty and theft loss deduction of an estate or trust, modified adjusted gross income is the total of the following amounts. I forgot to file my 2012 taxes The adjusted gross income amount you used to figure the deduction claimed on the return. I forgot to file my 2012 taxes The amounts from lines 3 through 5 of the worksheet. I forgot to file my 2012 taxes The NOL deduction for the NOL year entered at the top of the worksheet and for later years. I forgot to file my 2012 taxes Line 11. I forgot to file my 2012 taxes   Treat your NOL deduction for the NOL year entered at the top of the worksheet and for later years as a positive amount. I forgot to file my 2012 taxes Add it to your adjusted gross income. I forgot to file my 2012 taxes Enter the result on line 11. I forgot to file my 2012 taxes Line 20. I forgot to file my 2012 taxes   Is your modified adjusted gross income from line 13 of this worksheet more than $100,000 ($50,000 if married filing separately)?   □ Yes. I forgot to file my 2012 taxes Your deduction is limited. I forgot to file my 2012 taxes Refigure your deduction using the Mortgage Insurance Premiums Deduction Worksheet in the 2013 Instructions for Form 1045. I forgot to file my 2012 taxes On line 2 of the Mortgage Insurance Premiums Deduction Worksheet, enter the amount from line 13 of this worksheet. I forgot to file my 2012 taxes   □ No. I forgot to file my 2012 taxes Your deduction is not limited. I forgot to file my 2012 taxes Enter the amount from line 19 on line 20 and enter -0- on line 21. I forgot to file my 2012 taxes Line 23. I forgot to file my 2012 taxes   If you had a contributions carryover from 2012 to 2013 and your NOL deduction includes an amount from an NOL year before 2012, you may have to reduce your contributions carryover. I forgot to file my 2012 taxes Reduce the contributions carryover by the amount of any adjustment you made to your 2012 charitable contributions deduction when figuring your NOL carryover to 2013. I forgot to file my 2012 taxes Use the reduced contributions carryover to figure the amount to enter on line 23. I forgot to file my 2012 taxes Please click here for the text description of the image. I forgot to file my 2012 taxes Worksheet for NOL Carryover Worksheet for NOL Carryover (Continued) How To Get Tax Help Whether it's help with a tax issue, preparing your tax return or a need for a free publication or form, get the help you need the way you want it: online, use a smart phone, call or walk in to an IRS office or volunteer site near you. I forgot to file my 2012 taxes Free help with your tax return. I forgot to file my 2012 taxes   You can get free help preparing your return nationwide from IRS-certified volunteers. I forgot to file my 2012 taxes The Volunteer Income Tax Assistance (VITA) program helps low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers. I forgot to file my 2012 taxes The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. I forgot to file my 2012 taxes Most VITA and TCE sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. I forgot to file my 2012 taxes In addition, some VITA and TCE sites provide taxpayers the opportunity to prepare their own return with help from an IRS-certified volunteer. I forgot to file my 2012 taxes To find the nearest VITA or TCE site, you can use the VITA Locator Tool on IRS. I forgot to file my 2012 taxes gov, download the IRS2Go app, or call 1-800-906-9887. I forgot to file my 2012 taxes   As part of the TCE program, AARP offers the Tax-Aide counseling program. I forgot to file my 2012 taxes To find the nearest AARP Tax-Aide site, visit AARP's website at www. I forgot to file my 2012 taxes aarp. I forgot to file my 2012 taxes org/money/taxaide or call 1-888-227-7669. I forgot to file my 2012 taxes For more information on these programs, go to IRS. I forgot to file my 2012 taxes gov and enter “VITA” in the search box. I forgot to file my 2012 taxes Internet. I forgot to file my 2012 taxes    IRS. I forgot to file my 2012 taxes gov and IRS2Go are ready when you are —24 hours a day, 7 days a week. I forgot to file my 2012 taxes Download the free IRS2Go app from the iTunes app store or from Google Play. I forgot to file my 2012 taxes Use it to check your refund status, order transcripts of your tax returns or tax account, watch the IRS YouTube channel, get IRS news as soon as it's released to the public, subscribe to filing season updates or daily tax tips, and follow the IRS Twitter news feed, @IRSnews, to get the latest federal tax news, including information about tax law changes and important IRS programs. I forgot to file my 2012 taxes Check the status of your 2013 refund with the Where's My Refund? application on IRS. I forgot to file my 2012 taxes gov or download the IRS2Go app and select the Refund Status option. I forgot to file my 2012 taxes The IRS issues more than 9 out of 10 refunds in less than 21 days. I forgot to file my 2012 taxes Using these applications, you can start checking on the status of your return within 24 hours after we receive your e-filed return or 4 weeks after you mail a paper return. I forgot to file my 2012 taxes You will also be given a personalized refund date as soon as the IRS processes your tax return and approves your refund. I forgot to file my 2012 taxes The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. I forgot to file my 2012 taxes Use the Interactive Tax Assistant (ITA) to research your tax questions. I forgot to file my 2012 taxes No need to wait on the phone or stand in line. I forgot to file my 2012 taxes The ITA is available 24 hours a day, 7 days a week, and provides you with a variety of tax information related to general filing topics, deductions, credits, and income. I forgot to file my 2012 taxes When you reach the response screen, you can print the entire interview and the final response for your records. I forgot to file my 2012 taxes New subject areas are added on a regular basis. I forgot to file my 2012 taxes  Answers not provided through ITA may be found in Tax Trails, one of the Tax Topics on IRS. I forgot to file my 2012 taxes gov which contain general individual and business tax information or by searching the IRS Tax Map, which includes an international subject index. I forgot to file my 2012 taxes You can use the IRS Tax Map to search publications and instructions by topic or keyword. I forgot to file my 2012 taxes The IRS Tax Map integrates forms and publications into one research tool and provides single-point access to tax law information by subject. I forgot to file my 2012 taxes When the user searches the IRS Tax Map, they will be provided with links to related content in existing IRS publications, forms and instructions, questions and answers, and Tax Topics. I forgot to file my 2012 taxes Coming this filing season, you can immediately view and print for free all 5 types of individual federal tax transcripts (tax returns, tax account, record of account, wage and income statement, and certification of non-filing) using Get Transcript. I forgot to file my 2012 taxes You can also ask the IRS to mail a return or an account transcript to you. I forgot to file my 2012 taxes Only the mail option is available by choosing the Tax Records option on the IRS2Go app by selecting Mail Transcript on IRS. I forgot to file my 2012 taxes gov or by calling 1-800-908-9946. I forgot to file my 2012 taxes Tax return and tax account transcripts are generally available for the current year and the past three years. I forgot to file my 2012 taxes Determine if you are eligible for the EITC and estimate the amount of the credit with the Earned Income Tax Credit (EITC) Assistant. I forgot to file my 2012 taxes Visit Understanding Your IRS Notice or Letter to get answers to questions about a notice or letter you received from the IRS. I forgot to file my 2012 taxes If you received the First Time Homebuyer Credit, you can use the First Time Homebuyer Credit Account Look-up tool for information on your repayments and account balance. I forgot to file my 2012 taxes Check the status of your amended return using Where's My Amended Return? Go to IRS. I forgot to file my 2012 taxes gov and enter Where's My Amended Return? in the search box. I forgot to file my 2012 taxes You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. I forgot to file my 2012 taxes It can take up to 3 weeks from the date you mailed it to show up in our system. I forgot to file my 2012 taxes Make a payment using one of several safe and convenient electronic payment options available on IRS. I forgot to file my 2012 taxes gov. I forgot to file my 2012 taxes Select the Payment tab on the front page of IRS. I forgot to file my 2012 taxes gov for more information. I forgot to file my 2012 taxes Determine if you are eligible and apply for an online payment agreement, if you owe more tax than you can pay today. I forgot to file my 2012 taxes Figure your income tax withholding with the IRS Withholding Calculator on IRS. I forgot to file my 2012 taxes gov. I forgot to file my 2012 taxes Use it if you've had too much or too little withheld, your personal situation has changed, you're starting a new job or you just want to see if you're having the right amount withheld. I forgot to file my 2012 taxes Determine if you might be subject to the Alternative Minimum Tax by using the Alternative Minimum Tax Assistant on IRS. I forgot to file my 2012 taxes gov. I forgot to file my 2012 taxes Request an Electronic Filing PIN by going to IRS. I forgot to file my 2012 taxes gov and entering Electronic Filing PIN in the search box. I forgot to file my 2012 taxes Download forms, instructions and publications, including accessible versions for people with disabilities. I forgot to file my 2012 taxes Locate the nearest Taxpayer Assistance Center (TAC) using the Office Locator tool on IRS. I forgot to file my 2012 taxes gov, or choose the Contact Us option on the IRS2Go app and search Local Offices. I forgot to file my 2012 taxes An employee can answer questions about your tax account or help you set up a payment plan. I forgot to file my 2012 taxes Before you visit, check the Office Locator on IRS. I forgot to file my 2012 taxes gov, or Local Offices under Contact Us on IRS2Go to confirm the address, phone number, days and hours of operation, and the services provided. I forgot to file my 2012 taxes If you have a special need, such as a disability, you can request an appointment. I forgot to file my 2012 taxes Call the local number listed in the Office Locator, or look in the phone book under United States Government, Internal Revenue Service. I forgot to file my 2012 taxes Apply for an Employer Identification Number (EIN). I forgot to file my 2012 taxes Go to IRS. I forgot to file my 2012 taxes gov and enter Apply for an EIN in the search box. I forgot to file my 2012 taxes Read the Internal Revenue Code, regulations, or other official guidance. I forgot to file my 2012 taxes Read Internal Revenue Bulletins. I forgot to file my 2012 taxes Sign up to receive local and national tax news and more by email. I forgot to file my 2012 taxes Just click on “subscriptions” above the search box on IRS. I forgot to file my 2012 taxes gov and choose from a variety of options. I forgot to file my 2012 taxes Phone. I forgot to file my 2012 taxes    You can call the IRS, or you can carry it in your pocket with the IRS2Go app on your smart phone or tablet. I forgot to file my 2012 taxes Download the free IRS2Go app from the iTunes app store or from Google Play. I forgot to file my 2012 taxes Call to locate the nearest volunteer help site, 1-800-906-9887 or you can use the VITA Locator Tool on IRS. I forgot to file my 2012 taxes gov, or download the IRS2Go app. I forgot to file my 2012 taxes Low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. I forgot to file my 2012 taxes The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. I forgot to file my 2012 taxes Most VITA and TCE sites offer free electronic filing. I forgot to file my 2012 taxes Some VITA and TCE sites provide IRS-certified volunteers who can help prepare your tax return. I forgot to file my 2012 taxes Through the TCE program, AARP offers the Tax-Aide counseling program; call 1-888-227-7669 to find the nearest Tax-Aide location. I forgot to file my 2012 taxes Call the automated Where's My Refund? information hotline to check the status of your 2013 refund 24 hours a day, 7 days a week at 1-800-829-1954. I forgot to file my 2012 taxes If you e-file, you can start checking on the status of your return within 24 hours after the IRS receives your tax return or 4 weeks after you've mailed a paper return. I forgot to file my 2012 taxes The IRS issues more than 9 out of 10 refunds in less than 21 days. I forgot to file my 2012 taxes Where's My Refund? will give you a personalized refund date as soon as the IRS processes your tax return and approves your refund. I forgot to file my 2012 taxes Before you call this automated hotline, have your 2013 tax return handy so you can enter your social security number, your filing status, and the exact whole dollar amount of your refund. I forgot to file my 2012 taxes The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. I forgot to file my 2012 taxes Note, the above information is for our automated hotline. I forgot to file my 2012 taxes Our live phone and walk-in assistors can research the status of your refund only if it's been 21 days or more since you filed electronically or more than 6 weeks since you mailed your paper return. I forgot to file my 2012 taxes Call the Amended Return Hotline, 1-866-464-2050, to check the status of your amended return. I forgot to file my 2012 taxes You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. I forgot to file my 2012 taxes It can take up to 3 weeks from the date you mailed it to show up in our system. I forgot to file my 2012 taxes Call 1-800-TAX-FORM (1-800-829-3676) to order current-year forms, instructions, publications, and prior-year forms and instructions (limited to 5 years). I forgot to file my 2012 taxes You should receive your order within 10 business days. I forgot to file my 2012 taxes Call TeleTax, 1-800-829-4477, to listen to pre-recorded messages covering general and business tax information. I forgot to file my 2012 taxes If, between January and April 15, you still have questions about the Form 1040, 1040A, or 1040EZ (like filing requirements, dependents, credits, Schedule D, pensions and IRAs or self-employment taxes), call 1-800-829-1040. I forgot to file my 2012 taxes Call using TTY/TDD equipment, 1-800-829-4059 to ask tax questions or order forms and publications. I forgot to file my 2012 taxes The TTY/TDD telephone number is for people who are deaf, hard of hearing, or have a speech disability. I forgot to file my 2012 taxes These individuals can also contact the IRS through relay services such as the Federal Relay Service. I forgot to file my 2012 taxes Walk-in. I forgot to file my 2012 taxes   You can find a selection of forms, publications and services — in person. I forgot to file my 2012 taxes Products. I forgot to file my 2012 taxes You can walk in to some post offices, libraries, and IRS offices to pick up certain forms, instructions, and publications. I forgot to file my 2012 taxes Some IRS offices, libraries, and city and county government offices have a collection of products available to photocopy from reproducible proofs. I forgot to file my 2012 taxes Services. I forgot to file my 2012 taxes You can walk in to your local TAC for face-to-face tax help. I forgot to file my 2012 taxes An employee can answer questions about your tax account or help you set up a payment plan. I forgot to file my 2012 taxes Before visiting, use the Office Locator tool on IRS. I forgot to file my 2012 taxes gov, or choose the Contact Us option on the IRS2Go app and search Local Offices for days and hours of operation, and services provided. I forgot to file my 2012 taxes Mail. I forgot to file my 2012 taxes   You can send your order for forms, instructions, and publications to the address below. I forgot to file my 2012 taxes You should receive a response within 10 business days after your request is received. I forgot to file my 2012 taxes Internal Revenue Service 1201 N. I forgot to file my 2012 taxes Mitsubishi Motorway Bloomington, IL 61705-6613    The Taxpayer Advocate Service Is Here to Help You. I forgot to file my 2012 taxes The Taxpayer Advocate Service (TAS) is your voice at the IRS. I forgot to file my 2012 taxes Our job is to ensure that every taxpayer is treated fairly and that you know and understand your rights. I forgot to file my 2012 taxes   What can TAS do for you? We can offer you free help with IRS problems that you can't resolve on your own. I forgot to file my 2012 taxes We know this process can be confusing, but the worst thing you can do is nothing at all! TAS can help if you can't resolve your tax problem and: Your problem is causing financial difficulties for you, your family, or your business. I forgot to file my 2012 taxes You face (or your business is facing) an immediate threat of adverse action. I forgot to file my 2012 taxes You've tried repeatedly to contact the IRS but no one has responded, or the IRS hasn't responded by the date promised. I forgot to file my 2012 taxes   If you qualify for our help, you'll be assigned to one advocate who'll be with you at every turn and will do everything possible to resolve your problem. I forgot to file my 2012 taxes Here's why we can help: TAS is an independent organization within the IRS. I forgot to file my 2012 taxes Our advocates know how to work with the IRS. I forgot to file my 2012 taxes Our services are free and tailored to meet your needs. I forgot to file my 2012 taxes We have offices in every state, the District of Columbia, and Puerto Rico. I forgot to file my 2012 taxes   How can you reach us? If you think TAS can help you, call your local advocate, whose number is in your local directory and at Taxpayer Advocate, or call us toll-free at 1-877-777-4778. I forgot to file my 2012 taxes   How else does TAS help taxpayers?  TAS also works to resolve large-scale, systemic problems that affect many taxpayers. I forgot to file my 2012 taxes If you know of one of these broad issues, please report it to us through our Systemic Advocacy Management System. I forgot to file my 2012 taxes Low Income Taxpayer Clinics Low Income
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Managing Household Records

When was the last time you couldn't find an important paper you knew you had carefully put away? How do people decide where to store and keep such records? And how do they know what to keep, what to throw away, and when? Do you have a simple system or roadmap for important papers (PDF |download Adobe Reader) to which you or a loved one can refer to in case of an emergency?

Every household must work out its own records management system, but some general guidelines can help. A good system will provide an overview of what happens to property after a major life event occurs.

Active File

First, gather your important papers and important documents from throughout your home. Put these documents into three piles: an active file, dead storage, and items to discard or shred. The active file should include documents and financial records you deal with on a regular basis and need to refer to. Keep these readily accessible at home:

  • Appliance manuals, warranties and service contracts
  • Bank statements
  • Bill payment receipts
  • Bills awaiting payment
  • Credit card information
  • Education records, diploma, transcripts, etc.
  • Employment records
  • Family health records, including vaccination histories
  • Health benefit information
  • Household inventory
  • Income tax working papers
  • Insurance policies
  • Loan statements and payment books
  • Password list
  • Receipts for items under warranty
  • Safe deposit box inventory (and key)
  • Tax receipts, such as those received for charitable deductions


Dead Storage

All active file papers over 3-years-old are considered dead storage. This may not necessarily apply to everything—for example, appliance manuals that you use frequently should stay in the active file.

Items to Discard

  • Cancelled checks for cash or nondeductible expenses
  • Expired warranties
  • Pay stubs, after reconciling with W-2
  • Other records no longer needed, such as those that were replaced by newer versions, manuals of appliances that you've replaced, etc.
How Long to Keep Documents
Document How Long to Keep It
Bank statements 1 year, unless needed to support tax filings
Birth certificates, marriage licenses, divorce decrees, passports, education records, military service records Forever
Contracts Until updated
Credit card records Until paid, unless needed to support tax filings
Home purchase and improvement records As long as you own the property
Household inventory Forever; update as needed
Insurance, life Forever
Insurance, car, home, etc. Until you renew the policy
Investment statements Shred your monthly statements; keep annual statements until you sell the investments
Investment certificates Until you cash or sell the item
Loan documents Until you sell the item the loan was for
Real estate deeds As long as you own the property
Receipts for large purchases Until you sell or discard the item
Service contracts and warranties Until you sell or discard the item
Social Security card Forever
Social Security statement When you get your new statement online, shred the old one
Tax records 7 years from the filing date
Vehicle titles Until you sell or dispose of the car
Will Until updated

Create Your Filing System

Generally, your home file should include all the items you refer to frequently including bills, warranties, bank statements, etc. You’ll also need a secondary storage location for your more important, difficult to replace papers, such as passports, vehicle titles, birth certificates, etc. A fireproof/waterproof safe may be one possibility, but it's better to store those records in a location away from home, such as a bank safe deposit box.

Organize your home filing system (PDF | download Adobe Reader) in a way that you can understand and manage. Choose one member of your household as file manager who will take responsibility for keeping the filing up-to-date and consistent. However, in case of an emergency, everyone in the household needs to be familiar with the system, including children old enough to understand how to use it. Develop and stick to a regular filing and paperwork schedule to avoid having to deal with backlogged papers. A few minutes once or twice a week should be sufficient.

Consider scanning and storing some documents electronically since it's best to save your important documents and files in a way that can easily be carried away and accessed later. Scanning will give you easy access to your documents and allow you to transfer them via e-mail and easily make back-up copies. Investing in an external hard drive for your computer and regularly backing up important documents will allow you to carry away the external hard drive at a moment's notice.

If you don’t have the time or the desire to take these steps, or have realized that the task is too much to handle, consider asking a friend or family member to help you focus and give a fresh perspective. Or, you may want to consider hiring a professional organizer to provide structure, solutions, and systems, and help you gain a sense of control.

Safe Deposit Box

Once you have organized your documents, you’ll want to consider getting an off-site storage location, such as a safe deposit box. Use the safe deposit box for originals, but remember, you'll still need copies at home if something tragic should happen to you and your safe deposit box gets sealed. Always seal documents stored in a safe deposit box in airtight waterproof containers (like Ziploc bags) to ensure they don’t get damaged. If you'd rather keep your records at home, then get a fireproof/waterproof safe. A good rule of thumb is: Put documents in the box if you can't easily replace them or if you don't know what might happen if you don't have them.

If applicable, you should have official or certified copies of documents for your safe deposit box. "Official" means an original copy with all required signatures. Select documents, such as birth certificates, must also be certified or notarized to be considered valid. You can get most government records for free or at low cost from a government office or online at a government agency's website. If you are unsure whether you need a certified copy, or want more information about which local government office can give you originals of these documents, contact your local consumer protection office. Consult your attorney before you put an original copy of your will in a safe deposit box—some states don’t permit access after a person dies.

If you need to obtain documents regarding birth, death, marriage, or divorce, check out Where to Write for Vital Records for guidance. Be wary of companies that offer to sell you copies of official papers; you should check with the appropriate government agency to see if they will provide the same information free or at a lower price.

Consider keeping copies of the following documents in a safe deposit box or locked in a fireproof/waterproof safe in your home:

  • Adoption papers
  • Advance directives*
  • Birth and death certificates
  • Citizenship papers
  • Contracts of importance
  • Deeds and property titles
  • Household inventory
  • Life insurance policies
  • Marriage licenses and divorce decrees
  • Military discharge papers
  • Passports
  • Powers of attorney*
  • Social Security cards
  • Stock and bond certificates
  • Wills*

*Since the safe deposit box will be sealed at your death, keep a copy of your will somewhere accessible. The same goes for the advance directive and powers of attorney since you may not be able to give others access to the safe deposit box.

Grab and Go Kit for Emergencies

Disasters like floods, fires, earthquakes, and tornadoes strike without warning and can affect anyone. Your number one priority in these situations is making sure your family is safe—not finding your most recent copies of insurance policies or bank statements. An easy-to-grab emergency financial records kit (PDF | download Adobe Reader) will make sure you have access to important documents in case the unexpected happens to you.

What Documents Should You Have Ready?

Store the documents in an accordion file and keep it in your emergency supply kit so that everything you need is together. Items you should put in the kit include originals or copies of:

  • Birth and marriage certificates, divorce decrees
  • Social Security cards of household members
  • Driver's license and other wallet cards
  • Will and/or trust documents; powers of attorney
  • Recent income tax return
  • Passports and/or other identity documents
  • Military discharge papers
  • A list of your prescriptions: name of medication, dosage, pharmacy

Other important papers include:

  • Contacts for family members, employer, financial advisors, attorney, accountant, and banker
  • Insurance policy information
  • Bank, credit union, and credit card account list
  • Summary of personal, financial, property, and other vital information

Other items to consider including:

  • Safe deposit box keys and/or safe combination
  • Computer user names and passwords; CD with relevant personal, financial, legal files
  • Some emergency cash

Remember that these documents contain personal information like social security numbers and bank account information that could be used against you if it fell into the wrong hands. Be sure your emergency financial records kit is stored in a secure location in your home so it is easy for you to carry away in a disaster not for a thief to carry away in a robbery.

The I Forgot To File My 2012 Taxes

I forgot to file my 2012 taxes 15. I forgot to file my 2012 taxes   Estimated Tax Table of Contents What's New Introduction Topics - This chapter discusses: Useful Items - You may want to see: Special Estimated Tax Rules for Qualified FarmersQualified Farmer Special Rules for Qualified Farmers Estimated Tax Penalty for 2013 What's New Net Investment Income Tax. I forgot to file my 2012 taxes . I forgot to file my 2012 taxes  For tax years beginning in 2013, you may be subject to Net Investment Income Tax (NIIT). I forgot to file my 2012 taxes NIIT is a 3. I forgot to file my 2012 taxes 8% tax on the lesser of net investment income or the excess of your modified adjusted gross income (MAGI) over the threshold amount. I forgot to file my 2012 taxes NIIT may need to be included when calculating your estimated tax. I forgot to file my 2012 taxes For more information, see Publication 505,Tax Withholding and Estimated Tax. I forgot to file my 2012 taxes Additional Medicare Tax. I forgot to file my 2012 taxes  For tax years beginning in 2013, a 0. I forgot to file my 2012 taxes 9% Additional Medicare Tax applies to Medicare wages, Railroad Retirement Tax Act (RRTA) compensation, and self-employment income over a threshold amount based on your filing status. I forgot to file my 2012 taxes You may need to include this amount when figuring your estimated tax. I forgot to file my 2012 taxes For more information, see Publication 505. I forgot to file my 2012 taxes Introduction Estimated tax is the method used to pay tax on income that is not subject to withholding. I forgot to file my 2012 taxes See Publication 505 for the general rules and requirements for paying estimated tax. I forgot to file my 2012 taxes If you are a qualified farmer, defined below, you are subject to the special rules covered in this chapter for paying estimated tax. I forgot to file my 2012 taxes Topics - This chapter discusses: Special estimated tax rules for qualified farmers Estimated tax penalty Useful Items - You may want to see: Publication 505 Tax Withholding and Estimated Tax Form (and Instructions) 1040 U. I forgot to file my 2012 taxes S. I forgot to file my 2012 taxes Individual Income Tax Return 1040-ES Estimated Tax for Individuals 2210-F Underpayment of Estimated Tax by Farmers and Fishermen See chapter 16 for information about getting publications and forms. I forgot to file my 2012 taxes Special Estimated Tax Rules for Qualified Farmers Special rules apply to the payment of estimated tax by individuals who are qualified farmers. I forgot to file my 2012 taxes If you are not a qualified farmer as defined next, see Publication 505 for the estimated tax rules that apply. I forgot to file my 2012 taxes Qualified Farmer An individual is a qualified farmer for 2013 if at least two-thirds of his or her gross income from all sources for 2012 or 2013 was from farming. I forgot to file my 2012 taxes See Gross Income , next, for information on how to figure your gross income from all sources and see Gross Income From Farming , later, for information on how to figure your gross income from farming. I forgot to file my 2012 taxes See also Percentage From Farming , later, for information on how to determine the percentage of your gross income from farming. I forgot to file my 2012 taxes Gross Income Gross income is all income you receive in the form of money, goods, property, and services that is not exempt from income tax. I forgot to file my 2012 taxes On a joint return, you must add your spouse's gross income to your gross income. I forgot to file my 2012 taxes To decide whether two-thirds of your gross income was from farming, use as your gross income the total of the following income (not loss) amounts from your tax return. I forgot to file my 2012 taxes Wages, salaries, tips, etc. I forgot to file my 2012 taxes Taxable interest. I forgot to file my 2012 taxes Ordinary dividends. I forgot to file my 2012 taxes Taxable refunds, credits, or offsets of state and local income taxes. I forgot to file my 2012 taxes Alimony. I forgot to file my 2012 taxes Gross business income from Schedule C (Form 1040). I forgot to file my 2012 taxes Gross business receipts from Schedule C-EZ (Form 1040). I forgot to file my 2012 taxes Capital gains from Schedule D (Form 1040). I forgot to file my 2012 taxes Losses are not netted against gains. I forgot to file my 2012 taxes Gains on sales of business property. I forgot to file my 2012 taxes Taxable IRA distributions, pensions, annuities, and social security benefits. I forgot to file my 2012 taxes Gross rental income from Schedule E (Form 1040). I forgot to file my 2012 taxes Gross royalty income from Schedule E (Form 1040). I forgot to file my 2012 taxes Taxable net income from an estate or trust reported on Schedule E (Form 1040). I forgot to file my 2012 taxes Income from a Real Estate Mortgage Investment Conduit reported on Schedule E (Form 1040). I forgot to file my 2012 taxes Gross farm rental income from Form 4835. I forgot to file my 2012 taxes Gross farm income from Schedule F (Form 1040). I forgot to file my 2012 taxes Your distributive share of gross income from a partnership, or limited liability company treated as a partnership, from Schedule K-1 (Form 1065). I forgot to file my 2012 taxes Your pro rata share of gross income from an S corporation, from Schedule K-1 (Form 1120S). I forgot to file my 2012 taxes Unemployment compensation. I forgot to file my 2012 taxes Other income not included with any of the items listed above. I forgot to file my 2012 taxes Gross Income From Farming Gross income from farming is income from cultivating the soil or raising agricultural commodities. I forgot to file my 2012 taxes It includes the following amounts. I forgot to file my 2012 taxes Income from operating a stock, dairy, poultry, bee, fruit, or truck farm. I forgot to file my 2012 taxes Income from a plantation, ranch, nursery, range, orchard, or oyster bed. I forgot to file my 2012 taxes Crop shares for the use of your land. I forgot to file my 2012 taxes Gains from sales of draft, breeding, dairy, or sporting livestock. I forgot to file my 2012 taxes Gross income from farming is the total of the following amounts from your tax return. I forgot to file my 2012 taxes Gross farm income from Schedule F (Form 1040). I forgot to file my 2012 taxes Gross farm rental income from Form 4835. I forgot to file my 2012 taxes Gross farm income from Schedule E (Form 1040), Parts II and III. I forgot to file my 2012 taxes Gains from the sale of livestock used for draft, breeding, sport, or dairy purposes reported on Form 4797. I forgot to file my 2012 taxes For more information about income from farming, see chapter 3. I forgot to file my 2012 taxes Farm income does not include any of the following: Wages you receive as a farm employee. I forgot to file my 2012 taxes Income you receive from contract grain harvesting and hauling with workers and machines you furnish. I forgot to file my 2012 taxes Gains you receive from the sale of farm land and depreciable farm equipment. I forgot to file my 2012 taxes Percentage From Farming Figure your gross income from all sources, discussed earlier. I forgot to file my 2012 taxes Then figure your gross income from farming, discussed earlier. I forgot to file my 2012 taxes Divide your farm gross income by your total gross income to determine the percentage of gross income from farming. I forgot to file my 2012 taxes Example 1. I forgot to file my 2012 taxes Jane Smith had the following total gross income and farm gross income amounts in 2013. I forgot to file my 2012 taxes Gross Income   Total Farm Taxable interest $3,000   Dividends 500   Rental income (Sch E) 41,500   Farm income (Sch F) 75,000 $75,000 Gain (Form 4797) 5,000 5,000 Total $125,000 $80,000 Schedule D showed gain from the sale of dairy cows carried over from Form 4797 ($5,000) in addition to a loss from the sale of corporate stock ($2,000). I forgot to file my 2012 taxes However, that loss is not netted against the gain to figure Ms. I forgot to file my 2012 taxes Smith's total gross income or her gross farm income. I forgot to file my 2012 taxes Her gross farm income is 64% of her total gross income ($80,000 ÷ $125,000 = 0. I forgot to file my 2012 taxes 64). I forgot to file my 2012 taxes Special Rules for Qualified Farmers The following special estimated tax rules apply if you are a qualified farmer for 2013. I forgot to file my 2012 taxes You do not have to pay estimated tax if you file your 2013 tax return and pay all the tax due by March 3, 2014. I forgot to file my 2012 taxes You do not have to pay estimated tax if your 2013 income tax withholding (including any amount applied to your 2013 estimated tax from your 2012 return) will be at least 662/3% (. I forgot to file my 2012 taxes 6667) of the total tax shown on your 2013 tax return or 100% of the total tax shown on your 2012 return. I forgot to file my 2012 taxes If you must pay estimated tax, you are required to make only one estimated tax payment (your required annual payment) by January 15, 2014, using special rules to figure the amount of the payment. I forgot to file my 2012 taxes See Required Annual Payment , next, for details. I forgot to file my 2012 taxes Figure 15-1 presents an overview of the special estimated tax rules that apply to qualified farmers. I forgot to file my 2012 taxes Example 2. I forgot to file my 2012 taxes Assume the same fact as in Example 1. I forgot to file my 2012 taxes Ms. I forgot to file my 2012 taxes Smith's gross farm income is only 64% of her total income. I forgot to file my 2012 taxes Therefore, based on her 2013 income, she does not qualify to use the special estimated tax rules for qualified farmers. I forgot to file my 2012 taxes However, she does qualify if at least two-thirds of her 2012 gross income was from farming. I forgot to file my 2012 taxes Example 3. I forgot to file my 2012 taxes Assume the same facts as in Example 1 except that Ms. I forgot to file my 2012 taxes Smith's farm income from Schedule F was $90,000 instead of $75,000. I forgot to file my 2012 taxes This made her total gross income $140,000 ($3,000 + $500 + $41,500 + $90,000 + $5,000) and her farm gross income $95,000 ($90,000 + $5,000). I forgot to file my 2012 taxes She qualifies to use the special estimated tax rules for qualified farmers, since 67. I forgot to file my 2012 taxes 9% (at least two-thirds) of her gross income is from farming ($95,000 ÷ $140,000 = . I forgot to file my 2012 taxes 679). I forgot to file my 2012 taxes Required Annual Payment If you are a qualified farmer and must pay estimated tax for 2013, use the worksheet on Form 1040-ES to figure the amount of your required annual payment. I forgot to file my 2012 taxes Apply the following special rules for qualified farmers to the worksheet. I forgot to file my 2012 taxes On line 14a, multiply line 13c by 662/3% (. I forgot to file my 2012 taxes 6667). I forgot to file my 2012 taxes On line 14b, enter 100% of the tax shown on your 2012 tax return regardless of the amount of your adjusted gross income. I forgot to file my 2012 taxes For this purpose, the “tax shown on your 2012 tax return” is the amount on line 61 of your 2012 return modified by certain adjustments. I forgot to file my 2012 taxes For more information, see chapter 4 of Publication 505. I forgot to file my 2012 taxes Estimated Tax Penalty for 2013 If you do not pay all your required estimated tax for 2013 by January 15, 2014, or file your 2013 return and pay any tax due by March 3, 2014, you may owe a penalty. I forgot to file my 2012 taxes Use Form 2210-F, Underpayment of Estimated Tax by Farmers and Fishermen, to determine if you owe a penalty. I forgot to file my 2012 taxes See the instructions for Form 2210-F. I forgot to file my 2012 taxes Figure 15-1. I forgot to file my 2012 taxes Estimated Tax for Farmers Please click here for the text description of the image. I forgot to file my 2012 taxes Figure 2–A If you receive a penalty notice, do not ignore it, even if you think it is in error. I forgot to file my 2012 taxes You may get a penalty notice even though you filed your return on time, attached Form 2210-F, and met the gross-income-from-farming requirement. I forgot to file my 2012 taxes If you receive a penalty notice for underpaying estimated tax and you think it is in error, write to the address on the notice and explain why you think the notice is in error. I forgot to file my 2012 taxes Include a computation similar to the one in Example 1 (earlier), showing that you met the gross income from farming requirement. I forgot to file my 2012 taxes Prev  Up  Next   Home   More Online Publications