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Powered by jforum tax help free 24. Powered by jforum tax help free   Donaciones Table of Contents Introduction Useful Items - You may want to see: Organizaciones que Reúnen los Requisitos para Recibir Donaciones DeduciblesTipos de Organizaciones Calificadas Donaciones que Puede DeducirDonaciones de las Cuales Usted se Beneficia Gastos Pagados a Nombre de un Estudiante que Vive con Usted Gastos de Bolsillo al Prestar Servicios Donaciones que no Puede DeducirDonaciones Hechas a Personas Físicas Donaciones Hechas a Organizaciones no Calificadas Donaciones de las Cuales Usted se Beneficia Valor de Tiempo o Servicios Gastos Personales Cargos de Tasación Donaciones de BienesExcepción. Powered by jforum tax help free Artículos domésticos. Powered by jforum tax help free Deducción de más de $500. Powered by jforum tax help free Formulario 1098-C. Powered by jforum tax help free Se acerca el plazo para la presentación de la declaración y aún no tiene el Formulario 1098-C. Powered by jforum tax help free Excepción 1: vehículo usado o mejorado por la organización. Powered by jforum tax help free Excepción 2: vehículo donado o vendido a una persona necesitada. Powered by jforum tax help free Deducción de $500 o menos. Powered by jforum tax help free Derecho al uso de los bienes. Powered by jforum tax help free Bienes muebles tangibles. Powered by jforum tax help free Intereses futuros. Powered by jforum tax help free Determinación del Valor Justo de Mercado Donación de Bienes Cuyo Valor ha Disminuido Donación de Bienes Cuyo Valor ha Aumentado Cuándo Puede Deducir sus DonacionesCheques. Powered by jforum tax help free Mensaje de texto. Powered by jforum tax help free Tarjeta de crédito. Powered by jforum tax help free Pago telefónico. Powered by jforum tax help free Título de acciones. Powered by jforum tax help free Pagaré. Powered by jforum tax help free Opción. Powered by jforum tax help free Fondos de un préstamo. Powered by jforum tax help free Límites sobre DeduccionesCantidades Trasladadas al Año Siguiente Documentación que se Debe MantenerDonaciones en Efectivo Donaciones que no Sean en Efectivo Gastos de Bolsillo Cómo Declarar las Donaciones Caritativas Introduction Este capítulo explica cómo reclamar una deducción por sus donaciones caritativas. Powered by jforum tax help free Trata los siguientes temas: Tipos de organizaciones a las cuales puede hacer donaciones caritativas deducibles. Powered by jforum tax help free Tipos de donaciones que puede deducir. Powered by jforum tax help free Cuánto puede deducir. Powered by jforum tax help free Qué documentos se deben mantener. Powered by jforum tax help free Cómo declarar sus donaciones caritativas. Powered by jforum tax help free Una donación caritativa es un regalo o donación a una organización calificada para el uso de la misma. Powered by jforum tax help free Es voluntaria y se hace sin recibir, o esperar recibir, nada de igual valor a cambio. Powered by jforum tax help free Requisito de presentación del Formulario 1040. Powered by jforum tax help free    Para deducir una donación caritativa, usted tiene que presentar el Formulario 1040 y detallar sus deducciones en el Anexo A. Powered by jforum tax help free La cantidad de su deducción podría ser limitada si ciertas reglas y límites explicados en este capítulo le corresponden. Powered by jforum tax help free Los límites se explican con detalle en la Publicación 526, en inglés. Powered by jforum tax help free Useful Items - You may want to see: Publicación 526 Charitable Contributions (Donaciones caritativas), en inglés 561 Determining the Value of Donated Property (Cómo determinar el valor de bienes donados), en inglés Formulario (e Instrucciones) Anexo A (Formulario 1040) Itemized Deductions (Deducciones detalladas), en inglés 8283 Noncash Charitable Contributions (Donaciones caritativas que no sean en efectivo), en inglés Organizaciones que Reúnen los Requisitos para Recibir Donaciones Deducibles Puede deducir sus donaciones sólo si las hace a una organización calificada. Powered by jforum tax help free La mayoría de las organizaciones que no sean iglesias y gobiernos tienen que hacer la solicitud correspondiente al IRS para convertirse en una organización calificada. Powered by jforum tax help free Cómo saber si una organización reúne los requisitos para recibir donaciones caritativas deducibles. Powered by jforum tax help free    Se puede preguntar a cualquier organización si es una organización calificada, y la mayoría podrá decírselo. Powered by jforum tax help free También podría visitar IRS. Powered by jforum tax help free gov y pulsar en “Tools” (Herramientas) y luego en Exempt Organizations Select check (Búsqueda y comprobación de Organizaciones Exentas), en www. Powered by jforum tax help free irs. Powered by jforum tax help free gov/Charities-&-Non-Profits/Exempt-Organizations-Select-Check. Powered by jforum tax help free Esta herramienta electrónica le permite buscar cuáles organizaciones pueden recibir donaciones caritativas deducibles. Powered by jforum tax help free   Usted también puede llamar al IRS para saber si una organización reúne los requisitos para recibir dichas donaciones, al 1-877-829-5500. Powered by jforum tax help free Personas que son sordas, o tienen impedimentos auditivos o de habla, y que tienen acceso al equipo TTY/TDD pueden llamar al 1-800-829-4059. Powered by jforum tax help free Las personas sordas y con impedimentos auditivos también pueden acceder al IRS por medio de servicios de retransmisión, tales como el Federal Relay Service (Servicio de retransmisión federal) en www. Powered by jforum tax help free gsa. Powered by jforum tax help free gov/fedrelay. Powered by jforum tax help free Tipos de Organizaciones Calificadas Generalmente, sólo los tipos de organizaciones siguientes pueden ser organizaciones calificadas: Un fondo para beneficencia social, sociedad anónima, fideicomiso, fondo o fundación, establecido u organizado bajo las leyes de los Estados Unidos, de cualquier estado, del Distrito de Columbia o de cualquier posesión de los Estados Unidos (incluyendo Puerto Rico). Powered by jforum tax help free Sin embargo, tiene que estar organizado y administrado sólo con fines caritativos, religiosos, científicos, literarios, educativos o para la prevención de crueldad hacia niños o animales. Powered by jforum tax help free Ciertas organizaciones que promuevan competencias nacionales o internacionales de deportes para jugadores no profesionales también reúnen los requisitos. Powered by jforum tax help free Organizaciones de veteranos de guerra, incluyendo puestos, grupos auxiliares, fideicomisos o fundaciones organizados en los Estados Unidos o cualquiera de sus posesiones (incluyendo Puerto Rico). Powered by jforum tax help free Sociedades, órdenes y asociaciones fraternales nacionales que operen bajo el sistema de logias. Powered by jforum tax help free (La donación que haga a este tipo de organización es deducible sólo si se va a usar exclusivamente para propósitos caritativos, religiosos, científicos, literarios o educativos o para la prevención de crueldad hacia niños o animales). Powered by jforum tax help free Ciertas empresas o sociedades anónimas de cementerios sin fines de lucro. Powered by jforum tax help free (La donación que haga a este tipo de organización no es deducible si se puede usar para el mantenimiento de un espacio particular del cementerio o una cripta de mausoleo). Powered by jforum tax help free Los Estados Unidos o cualquier estado, el Distrito de Columbia, una posesión de los Estados Unidos (incluyendo Puerto Rico), una subdivisión política de un estado o posesión de los Estados Unidos o un gobierno tribal de los indios de los Estados Unidos o cualquiera de sus subdivisiones que lleven a cabo funciones gubernamentales sustanciales. Powered by jforum tax help free (La donación que haga a este tipo de organización es deducible sólo si se va a usar exclusivamente para fines públicos). Powered by jforum tax help free Ejemplos. Powered by jforum tax help free    La siguiente lista da algunos ejemplos de organizaciones calificadas: Iglesias, una convención o asociación de iglesias, templos, sinagogas, mezquitas y otras organizaciones religiosas. Powered by jforum tax help free La mayoría de las organizaciones caritativas sin fines de lucro, tal como la Cruz Roja de los Estados Unidos o el United Way. Powered by jforum tax help free La mayoría de las organizaciones educativas sin fines de lucro, incluidos Boy Scouts of America, Girl Scouts of America, colegios universitarios y museos. Powered by jforum tax help free Esto incluye también guarderías sin fines de lucro que proveen servicios de cuidados de niños al público en general sólo si sería razonable declarar que todos los cuidados se proveen para permitir que los padres y tutores de dichos niños trabajen y ganen ingresos. Powered by jforum tax help free Sin embargo, si su donación sustituye a la matrícula u otros cargos de inscripción, no es deducible como donación caritativa, como se explica más adelante bajo Donaciones que No Puede Deducir . Powered by jforum tax help free Hospitales y organizaciones de investigación médica sin fines de lucro. Powered by jforum tax help free Programas de energía para casos de emergencia ofrecidos por las empresas de servicios públicos, siempre que la empresa sea representante de una organización caritativa que presta ayuda a personas que necesiten energía en caso de emergencia. Powered by jforum tax help free Cuerpos de bomberos voluntarios sin fines de lucro. Powered by jforum tax help free Organizaciones sin fines de lucro que desarrollan y mantienen parques públicos e instalaciones recreativas. Powered by jforum tax help free Organizaciones de defensa civil. Powered by jforum tax help free Ciertas organizaciones caritativas extranjeras. Powered by jforum tax help free    Conforme a los tratados tributarios con Canadá, Israel y México, usted posiblemente pueda deducir sus donaciones a ciertas organizaciones caritativas canadienses, israelís o mexicanas. Powered by jforum tax help free Generalmente, usted debe tener fuentes de ingresos que provienen de ese país para hacerlo. Powered by jforum tax help free Si desea más información sobre la deducción de sus donaciones a organizaciones caritativas canadienses, vea la Publicación 597, Information on the United States–Canada Income Tax Treaty (Información sobre el tratado tributario entre Estados Unidos y Canadá), en inglés. Powered by jforum tax help free Si necesita más información sobre cómo calcular sus donaciones a organizaciones caritativas mexicanas e israelís, vea la Publicación 526, en inglés. Powered by jforum tax help free Donaciones que Puede Deducir Generalmente, puede deducir donaciones de dinero o bienes que usted haga a una organización calificada o que son para el uso de la misma. Powered by jforum tax help free Una donación es “para el uso de” una organización calificada cuando se mantiene en un fideicomiso ejecutable por ley para la organización calificada o conforme a un acuerdo legal semejante. Powered by jforum tax help free Las donaciones tienen que hacerse a una organización calificada sin apartarse para uso de una persona específica. Powered by jforum tax help free Si dona propiedad a una organización calificada, normalmente puede deducir el valor justo de mercado de la propiedad al momento de la donación. Powered by jforum tax help free Vea Donaciones de Bienes , más adelante en este capítulo. Powered by jforum tax help free Su deducción por donaciones caritativas generalmente no puede superar el 50% de su ingreso bruto ajustado (AGI, por sus siglas en inglés), pero en algunos casos podrían corresponder límites del 20% y 30%. Powered by jforum tax help free Vea Límites sobre Deducciones , más adelante. Powered by jforum tax help free Además el total de la deducción por donaciones caritativas y otras deducciones detalladas pueden ser limitadas. Powered by jforum tax help free Vea el capítulo 29. Powered by jforum tax help free En la Tabla 24-1, hay algunos ejemplos de donaciones que puede deducir y otras que no puede deducir. Powered by jforum tax help free Donaciones de las Cuales Usted se Beneficia Si recibe un beneficio por haber hecho una donación a una organización calificada, puede deducir sólo la cantidad de la donación que sea mayor que el valor del beneficio que recibe. Powered by jforum tax help free También, vea Donaciones de las Cuales Usted se Beneficia bajo Donaciones que no Puede Deducir , más adelante. Powered by jforum tax help free Si le paga a una organización calificada más del valor justo de mercado por mercancía, bienes o servicios, la cantidad que exceda del valor del artículo puede considerarse una donación caritativa. Powered by jforum tax help free Para que la cantidad excedente reúna los requisitos, tiene que pagarla con la intención de hacer una donación caritativa. Powered by jforum tax help free Ejemplo 1. Powered by jforum tax help free Usted paga $65 por una entrada a una cena y baile en una iglesia. Powered by jforum tax help free El pago completo de $65 va destinado a la iglesia. Powered by jforum tax help free La entrada a la cena y baile tiene un valor justo de mercado de $25. Powered by jforum tax help free Cuando compra la entrada, sabe que el valor de la misma es menos de lo que usted pagó. Powered by jforum tax help free Para calcular la cantidad de su donación caritativa, reste el valor del beneficio recibido ($25) del total que pagó ($65). Powered by jforum tax help free Puede deducir $40 como una donación hecha a la iglesia. Powered by jforum tax help free Ejemplo 2. Powered by jforum tax help free En una subasta dirigida por una organización caritativa para recaudar fondos, usted paga $600 por una estancia de una semana en una casa en la playa. Powered by jforum tax help free La cantidad que pagó no es mayor que el valor justo de mercado de alquiler. Powered by jforum tax help free Usted no ha hecho una donación caritativa deducible. Powered by jforum tax help free Eventos deportivos. Powered by jforum tax help free   Si hace un pago a una universidad o colegio universitario o en beneficio de los mismos, y, como resultado, recibe los derechos de comprar entradas para un evento deportivo en el estadio de deportes de la universidad o colegio universitario, puede deducir el 80% del pago como una donación caritativa. Powered by jforum tax help free   Si alguna parte de su pago es para entradas (y no le da derecho a comprar las mismas), dicha parte no es deducible. Powered by jforum tax help free Reste el precio de las entradas de su pago. Powered by jforum tax help free Puede deducir el 80% de la cantidad restante como donación caritativa. Powered by jforum tax help free Ejemplo 1. Powered by jforum tax help free Usted paga $300 al año por afiliarse a un programa de becas deportivas de una universidad. Powered by jforum tax help free El único beneficio de la afiliación es tener el derecho de comprar un boleto de temporada, dándole derecho a un asiento en un área especial del estadio para los partidos de fútbol americano de la universidad. Powered by jforum tax help free Puede deducir $240 (el 80% de $300) como donación caritativa. Powered by jforum tax help free Tabla 24-1. Powered by jforum tax help free Ejemplos de Donaciones Caritativas —Verificación Rápida Utilice las siguientes listas para comprobar rápidamente si puede o no deducir una donación. Powered by jforum tax help free Vea el resto de este capítulo para más información, reglas y límites adicionales que podrían ser aplicables. Powered by jforum tax help free Deducibles  como Donaciones Caritativas No Deducibles  como Donaciones Caritativas Dinero o propiedad que done a:  Iglesias, sinagogas, templos, mezquitas y otras organizaciones religiosas Gobiernos federales, estatales y locales, si su donación es exclusivamente para propósitos públicos (por ejemplo, una donación para reducir la deuda pública o mantener un parque público) Hospitales y escuelas sin fines de lucro The Salvation Army (Ejército de Salvación), Cruz Roja de los Estados Unidos, CARE, Goodwill Industries, United Way, Boy Scouts of America, Girl Scouts of America, Boys & Girls Clubs of America, etcétera Grupos de veteranos de guerra  Gastos que pague por un estudiante que viva con usted, patrocinado por una organización calificada  Gastos de bolsillo que tenga al prestar servicios voluntarios a una organización calificada Dinero o propiedad que done a:  Ligas cívicas, clubes sociales o clubes de deportes, sindicatos y cámaras de comercio Organizaciones extranjeras (excepto ciertas caridades canadienses, israelís y mexicanas) Grupos operados con fines de lucro personal Grupos cuyo propósito es presionar para que se hagan cambios a la ley Asociaciones de propietarios de vivienda Personas físicas Grupos políticos o candidatos a cargos públicos  Costo de billetes de rifa, bingo o lotería  Cuotas, cargos o facturas pagados a clubes, logias, órdenes fraternales o grupos similares  Costo de matrícula  Valor de su tiempo o servicios  Valor de sangre donada a un banco de sangre    Ejemplo 2. Powered by jforum tax help free Los hechos son iguales a los del Ejemplo 1 salvo que su pago de $300 incluyó la compra de un boleto de temporada al precio estipulado de $120. Powered by jforum tax help free Tiene que restar el precio normal de un boleto ($120) de su pago de $300. Powered by jforum tax help free El resultado es $180. Powered by jforum tax help free Su donación caritativa es $144 (el 80% de $180). Powered by jforum tax help free Eventos benéficos de caridad. Powered by jforum tax help free   Si le paga a una organización calificada más que el valor justo de mercado por el derecho de asistir a un baile, banquete, espectáculo, evento deportivo u otro evento benéfico, puede deducir sólo la cantidad que supere el valor de los privilegios u otros beneficios que reciba. Powered by jforum tax help free   Si hay un cargo establecido por el evento, dicho cargo es el valor de su beneficio. Powered by jforum tax help free Si no hay ningún cargo establecido, el valor razonable del derecho de asistir al evento se considera el valor de su beneficio. Powered by jforum tax help free El hecho de usar o no usar los boletos de entrada u otros privilegios, no cambia la cantidad que puede deducir. Powered by jforum tax help free Sin embargo, si devuelve el boleto de entrada a la organización calificada para reventa, sí puede deducir la cantidad completa que pagó por el boleto de entrada. Powered by jforum tax help free    Aun si el boleto u otro comprobante de pago indica que el pago es una “donación”, eso no significa que pueda deducir la cantidad completa. Powered by jforum tax help free Si el boleto muestra el precio de entrada y la cantidad de la donación, sí puede deducir la cantidad de dicha donación. Powered by jforum tax help free Ejemplo. Powered by jforum tax help free Usted paga $40 por un boleto para ver una película en beneficio de una organización calificada. Powered by jforum tax help free El boleto tiene impreso “Donación: $40”. Powered by jforum tax help free Si el precio habitual de la película es $8, su donación es $32 (pago de $40 menos el precio habitual de $8). Powered by jforum tax help free Cuota o cargos de afiliación. Powered by jforum tax help free    Es posible que pueda deducir cargos o cuotas de afiliación que le paga a una organización calificada. Powered by jforum tax help free Sin embargo, puede deducir sólo la cantidad que supere el valor de los beneficios que recibió. Powered by jforum tax help free   No puede deducir honorarios, cargos o cuotas pagados a clubes y otras organizaciones sociales. Powered by jforum tax help free Éstas no son organizaciones calificadas. Powered by jforum tax help free Ciertos beneficios de afiliación pueden ignorarse. Powered by jforum tax help free   Tanto usted como la organización pueden ignorar los siguientes beneficios de afiliación si usted los recibe a cambio de un pago anual de $75 o menos. Powered by jforum tax help free Cualquier derecho o privilegio, que no sea aquél tratado bajo Eventos deportivos , anteriormente, que pueda usar frecuentemente mientras sea miembro, tales como: Entrada gratuita o rebajada a las instalaciones o eventos de la organización, Estacionamiento gratuito o rebajado, Acceso privilegiado a bienes o servicios y Descuentos en la compra de bienes o servicios. Powered by jforum tax help free Mientras usted sea miembro, la entrada a eventos a los cuales sólo puedan asistir miembros de la organización, si dicha organización ha estimado adecuadamente que el costo por persona (excluidos todos los gastos generales) no será más de $10. Powered by jforum tax help free 20. Powered by jforum tax help free Artículos simbólicos. Powered by jforum tax help free   Usted no tiene que reducir su donación por el valor de ningún beneficio que reciba si se cumple lo siguiente: Usted sólo recibe un pequeño artículo u otro beneficio de valor simbólico. Powered by jforum tax help free La organización calificada determina correctamente que el valor del artículo o beneficio que recibió no es sustancial y le informa que puede deducir la totalidad de su pago. Powered by jforum tax help free Declaración por escrito. Powered by jforum tax help free   Una organización calificada tiene que darle una declaración por escrito si usted hace un pago a la misma superior a $75, si ésta es en parte una donación y en parte a cambio de bienes o servicios. Powered by jforum tax help free Dicha declaración tiene que decir que puede deducir sólo la cantidad del pago que supere al valor de los bienes o servicios que usted recibió. Powered by jforum tax help free También tiene que darle un cálculo aproximado de buena fe del valor de esos bienes o servicios. Powered by jforum tax help free   La organización le puede dar la declaración escrita cuando la solicite o cuando reciba el pago de usted. Powered by jforum tax help free Excepción. Powered by jforum tax help free   Una organización no tendrá que darle esta declaración escrita si se cumple alguna de las siguientes afirmaciones: La organización: Es una organización gubernamental descrita en el (5) bajo Tipos de Organizaciones Calificadas , anteriormente o Se fundó sólo para propósitos religiosos y el único beneficio que usted recibe es un beneficio religioso intangible (tal como la entrada a una ceremonia religiosa) que no se suele vender en transacciones comerciales fuera del contexto de donación. Powered by jforum tax help free Usted recibe sólo artículos cuyo valor no es sustancial como se describe en Artículos simbólicos , anteriormente. Powered by jforum tax help free Usted recibe sólo beneficios de afiliación que se pueden ignorar, como se describe anteriormente. Powered by jforum tax help free Gastos Pagados a Nombre de un Estudiante que Vive con Usted Usted posiblemente pueda deducir algunos de los gastos ocasionados por haber hospedado a un estudiante. Powered by jforum tax help free Puede deducir gastos calificados por un estudiante extranjero o estadounidense que: Viva en su hogar conforme a un acuerdo escrito entre usted y una organización calificada, como parte de un programa de la misma para proveerle oportunidades educativas al estudiante, No es su pariente o dependiente y Es un estudiante a tiempo completo en el grado 12 o un grado inferior en una escuela de los Estados Unidos. Powered by jforum tax help free Puede deducir hasta $50 al mes por cada mes natural completo que el estudiante viva con usted. Powered by jforum tax help free Todo mes en que las condiciones desde la (1) hasta la (3) se cumplan por 15 días o más, cuenta como un mes completo. Powered by jforum tax help free Para información adicional, vea Expenses Paid for Student Living With You (Gastos pagados para un estudiante que vive con usted), en la Publicación 526, en inglés. Powered by jforum tax help free Programa de intercambio mutuo. Powered by jforum tax help free   No puede deducir los costos relacionados con un estudiante extranjero que viva en su hogar bajo un programa de intercambio mutuo a través del cual su hijo vivirá con una familia en un país extranjero. Powered by jforum tax help free Tabla 24-2. Powered by jforum tax help free Preguntas de Voluntarios y sus Respuestas Si hace trabajo voluntario para una organización calificada, las siguientes preguntas y respuestas podrían corresponderle. Powered by jforum tax help free Todas las reglas explicadas en este capítulo también corresponden. Powered by jforum tax help free Vea, en específico, Gastos de Bolsillo al Prestar Servicios , más adelante. Powered by jforum tax help free Pregunta Respuesta Hago trabajo voluntario 6 horas a la semana en la oficina de una organización calificada. Powered by jforum tax help free A la recepcionista se le paga $10 por hora por el mismo trabajo que hago yo. Powered by jforum tax help free ¿Puedo deducir $60 a la semana por mi tiempo?    No, no puede deducir el valor de su tiempo o servicios. Powered by jforum tax help free La oficina está ubicada a 30 millas de mi hogar. Powered by jforum tax help free ¿Puedo deducir algunos de mis gastos de automóvil por estos viajes? Sí, puede deducir los gastos de gasolina y aceite que estén directamente relacionados con los viajes de ida y vuelta del sitio donde usted es voluntario. Powered by jforum tax help free Si no quiere calcular los gastos reales, puede deducir 14 centavos por cada milla. Powered by jforum tax help free Hago trabajo voluntario como asistente de enfermera de la Cruz Roja en un hospital. Powered by jforum tax help free ¿Puedo deducir el costo de los uniformes que tengo que usar? Sí, puede deducir el costo de comprar y lavar sus uniformes si el hospital es una organización calificada, los uniformes no son apropiados para uso cotidiano y tiene que llevarlos puestos cuando haga su trabajo voluntario. Powered by jforum tax help free Le pago a una persona para cuidar de mis hijos mientras trabajo como voluntario para una organización calificada. Powered by jforum tax help free ¿Puedo deducir esos gastos? No, no puede deducir pagos por gastos de cuidado de niños como una donación caritativa, aun si son necesarios para que usted pueda hacer trabajo voluntario. Powered by jforum tax help free (Si tiene gastos de cuidado de niños para poder hacer trabajo remunerado, vea el capítulo 32). Powered by jforum tax help free Gastos de Bolsillo al Prestar Servicios Aunque no puede deducir el valor de los servicios que haya prestado a una organización calificada, es posible que pueda deducir algunos gastos pagados al prestarlos. Powered by jforum tax help free Los gastos tienen que ser: Gastos que no hayan sido reembolsados, Directamente relacionados con los servicios, Gastos que tuvo sólo debido a los servicios que prestó y Gastos que no sean gastos personales, diarios o de familia. Powered by jforum tax help free La Tabla 24-2 contiene preguntas y respuestas aplicables a algunas personas que ofrecen sus servicios como voluntarios. Powered by jforum tax help free Convenciones. Powered by jforum tax help free   Si es representante elegido para asistir a una convención de una organización calificada, puede deducir gastos no reembolsados por viajes y transporte, incluyendo una cantidad razonable por comida y alojamiento, mientras pasa la noche fuera de su casa por razones de la convención. Powered by jforum tax help free No obstante, vea Viajes , más adelante. Powered by jforum tax help free   No puede deducir gastos personales por turismo, fiestas organizadas para excursiones de pesca, boletos de entrada para el teatro o clubes nocturnos. Powered by jforum tax help free Tampoco puede deducir gastos de transporte, comida y alojamiento ni otros gastos por su cónyuge o sus hijos. Powered by jforum tax help free    No puede deducir sus gastos por asistir a una convención religiosa si va sólo como miembro de su iglesia y no como un representante elegido. Powered by jforum tax help free Sin embargo, puede deducir gastos no reembolsados que estén directamente relacionados con prestar servicios en nombre de su iglesia durante la convención. Powered by jforum tax help free Uniformes. Powered by jforum tax help free   Puede deducir el costo y mantenimiento de uniformes que no sean apropiados para uso cotidiano y que usted tenga que llevar puestos mientras presta servicios donados para una institución benéfica. Powered by jforum tax help free Padres de crianza. Powered by jforum tax help free   Usted posiblemente pueda deducir como donación caritativa algunos de los costos de ser padre o madre de crianza (proveedor de cuidado de crianza) si no tiene un fin de lucro al proveer dicho cuidado de crianza y, de hecho, no obtiene lucro alguno. Powered by jforum tax help free Las personas que usted acoja en su hogar para cuidado de crianza tienen que ser nombradas por una organización calificada. Powered by jforum tax help free    Puede deducir gastos que reúnan los siguientes requisitos: Son gastos de bolsillo por dar de comer, vestir y cuidar al hijo de crianza y no han sido reembolsados. Powered by jforum tax help free Son gastos incurridos principalmente para beneficiar a la organización calificada. Powered by jforum tax help free   Puede que los gastos no reembolsados que no pueda deducir como donaciones caritativas sean considerados manutención provista por usted al determinar si puede reclamar al hijo de crianza como dependiente. Powered by jforum tax help free Para más detalles, vea el capítulo 3. Powered by jforum tax help free Ejemplo. Powered by jforum tax help free Usted cuidó de una hija de crianza porque quería adoptarla, no para beneficiar a la agencia que la colocó en su hogar. Powered by jforum tax help free Los gastos que haya tenido y que no hayan sido reembolsados no se pueden deducir como donaciones caritativas. Powered by jforum tax help free Gastos de automóvil. Powered by jforum tax help free   Puede deducir como donación caritativa gastos de bolsillo no reembolsados, como el costo de gasolina y aceite, que estén directamente relacionados con el uso de su automóvil para prestar servicios a una organización caritativa. Powered by jforum tax help free No puede deducir gastos generales por reparaciones y mantenimiento, depreciación, cargos de matrícula o los costos de llantas o seguro. Powered by jforum tax help free    Si no quiere deducir sus gastos reales, puede usar una tarifa estándar por milla de 14 centavos para calcular su donación. Powered by jforum tax help free   Puede deducir gastos de estacionamiento y peaje independientemente de si deduce sus gastos reales o la tarifa estándar por milla. Powered by jforum tax help free   Tiene que mantener documentación escrita confiable de los gastos de automóvil. Powered by jforum tax help free Para más información, vea Gastos de automóvil bajo Documentación que se Debe Mantener , más adelante. Powered by jforum tax help free Viajes. Powered by jforum tax help free   Generalmente, puede reclamar una deducción por donaciones caritativas por gastos de viaje en los que ha incurrido necesariamente mientras esté fuera de su domicilio prestando servicios para una organización caritativa, sólo si el viaje no incluye ningún elemento significativo de placer personal, recreación o vacaciones. Powered by jforum tax help free Esto es aplicable tanto si usted paga los gastos directamente o indirectamente. Powered by jforum tax help free Usted paga los gastos indirectamente si le hace un pago a la organización caritativa y dicha institución le paga a usted sus gastos de viaje. Powered by jforum tax help free   La deducción por gastos de viaje no le será denegada sencillamente porque disfrute de proveer servicios a la organización caritativa. Powered by jforum tax help free Aun si usted disfruta del viaje, puede reclamar una deducción por donación caritativa por sus gastos de viaje si está de servicio en un sentido verdadero e íntegro durante todo el viaje. Powered by jforum tax help free No obstante, si tiene sólo tareas menores, o si durante partes significativas del viaje no tiene ninguna tarea, no puede deducir sus gastos de viaje. Powered by jforum tax help free Ejemplo 1. Powered by jforum tax help free Usted es jefe de un grupo juvenil exento de impuestos y lleva al grupo a acampar. Powered by jforum tax help free Es responsable de dirigir la instalación del campamento y proveer supervisión adulta para otras actividades durante todo el viaje. Powered by jforum tax help free Participa en las actividades del grupo y disfruta del tiempo que pasa con los integrantes del mismo. Powered by jforum tax help free Usted dirige el levantamiento del campamento y transporta al grupo de regreso a casa. Powered by jforum tax help free Usted puede deducir sus gastos de viaje. Powered by jforum tax help free Ejemplo 2. Powered by jforum tax help free Usted va de una isla a otra en velero y pasa 8 horas al día contando ballenas y otras formas de vida marina. Powered by jforum tax help free El proyecto es auspiciado por una organización caritativa. Powered by jforum tax help free En la mayoría de las circunstancias, no puede deducir sus gastos. Powered by jforum tax help free Ejemplo 3. Powered by jforum tax help free Usted trabaja varias horas cada mañana en una excavación arqueológica patrocinada por una organización caritativa. Powered by jforum tax help free El resto del día, lo tiene libre para dedicarse al recreo y turismo. Powered by jforum tax help free No puede tomar una deducción por donación caritativa aunque trabaje muy duro durante esas pocas horas. Powered by jforum tax help free Ejemplo 4. Powered by jforum tax help free Usted pasa el día entero asistiendo a la conferencia regional de una organización caritativa como representante elegido. Powered by jforum tax help free Por la tarde, va al teatro. Powered by jforum tax help free Puede declarar sus gastos de viaje como donaciones caritativas, pero no puede declarar los gastos de la tarde que usted pasó en el teatro. Powered by jforum tax help free Asignación para gastos diarios (viáticos). Powered by jforum tax help free   Si provee servicios para una organización calificada y recibe un estipendio diario para cubrir gastos de viaje razonables, incluyendo comidas y alojamiento mientras pasa la noche fuera de su domicilio, tendrá que incluir en su ingreso cualquier parte del estipendio que sea mayor que sus gastos de viaje deducibles. Powered by jforum tax help free Tal vez pueda deducir los gastos de viaje necesarios que sean mayores que el estipendio. Powered by jforum tax help free Gastos de viaje deducibles. Powered by jforum tax help free   Éstos incluyen: Transporte en avión, tren y autobús, Gastos de bolsillo por el automóvil, Tarifas de taxi y otros gastos de transporte entre el aeropuerto o estación y su hotel, Costos de alojamiento y Costo de comidas. Powered by jforum tax help free Debido a que estos gastos de viaje no están relacionados con los negocios, dichos gastos no están sujetos a los mismos límites que los gastos relacionados con los negocios. Powered by jforum tax help free Para información sobre gastos de viaje de negocios, vea Gastos de Viaje en el capítulo 26. Powered by jforum tax help free Donaciones que no Puede Deducir Hay algunas donaciones que no puede deducir, tales como aquéllas hechas a personas específicas y aquéllas hechas a organizaciones no calificadas. Powered by jforum tax help free (Vea Donaciones Hechas a Personas Físicas y Donaciones Hechas a Organizaciones no Calificadas , más adelante). Powered by jforum tax help free Hay otras por las cuales usted puede deducir sólo una parte, como se explica más adelante bajo Donaciones de las Cuales Usted se Beneficia . Powered by jforum tax help free Donaciones Hechas a Personas Físicas No puede deducir donaciones hechas a personas físicas específicas, incluyendo las siguientes: Donaciones hechas a sociedades fraternales para el propósito de pagar gastos médicos o gastos fúnebres de miembros fallecidos. Powered by jforum tax help free Donaciones hechas a personas necesitadas o dignas de ayuda. Powered by jforum tax help free No puede deducir estas donaciones aun si las hace a una organización calificada, si las hace a nombre de una persona específica. Powered by jforum tax help free Pero puede deducir una donación a una organización calificada que ayude a personas necesitadas o dignas de ayuda, si usted no indica que su donación es para una persona específica. Powered by jforum tax help free Ejemplo. Powered by jforum tax help free Puede deducir donaciones hechas a una organización calificada por asistencia en caso de inundaciones, huracanes u otro desastre. Powered by jforum tax help free Sin embargo, no puede deducir donaciones destinadas a la asistencia de una persona o familia específica. Powered by jforum tax help free Pagos hechos a un miembro del clero que él o ella pueda gastar a gusto suyo; por ejemplo, pagos por gastos personales. Powered by jforum tax help free Gastos que usted pague por otra persona que provea servicios a una organización calificada. Powered by jforum tax help free Ejemplo. Powered by jforum tax help free Su hijo trabaja como misionero. Powered by jforum tax help free Usted paga sus gastos. Powered by jforum tax help free No puede reclamar una deducción por los gastos no reembolsados de su hijo relacionados con la prestación de sus servicios. Powered by jforum tax help free Pagos hechos a un hospital por el cuidado de un paciente específico o por servicios prestados a un paciente específico. Powered by jforum tax help free No puede deducir estos pagos aunque el hospital esté administrado por una ciudad, estado u otra organización calificada. Powered by jforum tax help free Donaciones Hechas a Organizaciones no Calificadas No puede deducir donaciones hechas a organizaciones que no reúnan los requisitos para recibir donaciones deducibles, incluyendo las siguientes: Ciertos colegios de abogados estatales si: El colegio de abogados no es una subdivisión política de un estado, El colegio de abogados tiene propósitos privados además de propósitos públicos, tal como promover los intereses profesionales de sus miembros y La donación hecha por usted no tiene restricciones y puede ser usada para propósitos privados. Powered by jforum tax help free Cámaras de comercio y otras asociaciones u organizaciones comerciales (pero vea el capítulo 28). Powered by jforum tax help free Asociaciones y ligas cívicas. Powered by jforum tax help free Organizaciones comunistas. Powered by jforum tax help free Clubes sociales. Powered by jforum tax help free La mayoría de las organizaciones extranjeras (excepto ciertas organizaciones caritativas canadienses, israelís o mexicanas). Powered by jforum tax help free Para más detalles, vea la Publicación 526, en inglés. Powered by jforum tax help free Asociaciones de propietarios de viviendas. Powered by jforum tax help free Sindicatos laborales (pero vea el capítulo 28). Powered by jforum tax help free Organizaciones y candidatos políticos. Powered by jforum tax help free Donaciones de las Cuales Usted se Beneficia Si recibe o espera recibir un beneficio financiero o económico a raíz de haber hecho una donación a una organización calificada, no puede deducir la parte de la donación que represente el valor del beneficio que recibe. Powered by jforum tax help free Vea Donaciones de las Cuales Usted se Beneficia bajo Donaciones que Puede Deducir , anteriormente. Powered by jforum tax help free Estas donaciones incluyen lo siguiente: Donaciones por cabildeo. Powered by jforum tax help free Esto incluye cantidades cuyo uso usted destine para influir en legislación específica, o en relación con la misma. Powered by jforum tax help free Donaciones hechas a un hogar para personas de la tercera edad que sean para alojamiento, comida, mantenimiento o el derecho de ingresarse a dicho hogar. Powered by jforum tax help free Además, si la cantidad de su donación depende del tipo o tamaño de apartamento que usted va a ocupar, no es una donación caritativa. Powered by jforum tax help free Costos de rifas, bingo, lotería, etcétera. Powered by jforum tax help free No puede deducir como una donación caritativa cantidades que pague para comprar boletos de rifa o lotería o para jugar al bingo u otros juegos de azar. Powered by jforum tax help free Para información sobre cómo declarar ganancias y pérdidas de juego, vea Ganancias de juegos y apuestas , en el capítulo 12, y Pérdidas de Apuestas y Juegos de Azar hasta la Cantidad de sus Ganancias de Juego , en el capítulo 28. Powered by jforum tax help free Cuotas pagadas a órdenes fraternales y grupos parecidos. Powered by jforum tax help free No obstante, vea la sección anterior, Cuota o cargos de afiliación bajo Donaciones que Puede Deducir . Powered by jforum tax help free Costos de matrícula o cantidades que pague en su lugar. Powered by jforum tax help free No puede deducir como donación caritativa las cantidades que pague por costos de matrícula, aunque las pague para que niños asistan a escuelas parroquiales o guarderías calificadas que operan sin fines de lucro. Powered by jforum tax help free Tampoco puede deducir cantidad fija alguna que tenga que pagar además del cargo por matrícula de una escuela privada, o en lugar del mismo, aunque haya sido designada como una “donación”. Powered by jforum tax help free Valor de Tiempo o Servicios No puede deducir el valor de su tiempo o servicios, incluyendo: Donaciones de sangre hechas a la Cruz Roja de los Estados Unidos o a bancos de sangre y El valor de ingresos perdidos mientras trabaja como voluntario sin remuneración para una organización calificada. Powered by jforum tax help free Gastos Personales No puede deducir gastos personales, diarios o de familia, tales como los siguientes: El costo de comidas que consuma mientras presta servicios para una organización calificada a menos que sea necesario pasar la noche fuera de su hogar mientras presta los servicios. Powered by jforum tax help free Gastos de adopción, incluidos los cargos que se le pagan a una agencia de adopción y los costos de alojar a un niño en su hogar antes de que la adopción sea final (pero vea Crédito por Adopción en el capítulo 37 y las instrucciones del Formulario 8839, Qualified Adoption Expenses (Gastos de adopción calificados), en inglés). Powered by jforum tax help free Además, es posible que pueda reclamar una exención por el hijo. Powered by jforum tax help free Vea Hijo adoptivo en el capítulo 3. Powered by jforum tax help free Cargos de Tasación Los cargos que pague para averiguar el valor justo de mercado de bienes donados no se pueden deducir como donaciones (vea el capítulo 28). Powered by jforum tax help free Donaciones de Bienes Si dona bienes a una organización calificada, la cantidad de su donación caritativa suele ser el valor justo de mercado de los bienes al momento de hacer la donación. Powered by jforum tax help free Sin embargo, si el valor de los bienes ha aumentado, es posible que se vea obligado a hacer ajustes a la cantidad de la deducción. Powered by jforum tax help free Vea Donación de Bienes Cuyo Valor ha Aumentado , más adelante. Powered by jforum tax help free Para información acerca de la documentación que necesita mantener y la información que tiene que entregar junto con su declaración de impuestos si dona bienes, vea Documentación que se Debe Mantener y Cómo Declarar las Donaciones Caritativas , más adelante. Powered by jforum tax help free Ropa y artículos domésticos. Powered by jforum tax help free   Si dona ropa o artículos domésticos, la ropa o artículos domésticos tienen que estar, como mínimo, en buenas condiciones, para usted poder reclamar una deducción correspondiente a dichos artículos. Powered by jforum tax help free Excepción. Powered by jforum tax help free   Puede deducir la donación de una prenda de vestir o enseres domésticos que no estén, como mínimo, en buen estado, si declara una deducción de más de $500 por éstos e incluye junto con su declaración de impuestos una valoración calificada de los mismos. Powered by jforum tax help free Artículos domésticos. Powered by jforum tax help free   Los artículos domésticos incluyen: Muebles y mobiliario, Equipo electrónico, Enseres eléctricos, Ropa de cama y Otros artículos semejantes. Powered by jforum tax help free   Los artículos domésticos no incluyen: Alimentos, Pinturas, antigüedades y otros objetos de arte, Joyas y gemas, y Colecciones. Powered by jforum tax help free Automóviles, barcos y aviones. Powered by jforum tax help free    Las siguientes reglas corresponden a toda donación de un vehículo que reúna los requisitos. Powered by jforum tax help free Un vehículo que reúne los requisitos es: Un automóvil o todo vehículo de motor fabricado principalmente para uso en carreteras, caminos y carreteras públicas, Un barco, o Un avión. Powered by jforum tax help free Deducción de más de $500. Powered by jforum tax help free   Si dona un vehículo que reúna los requisitos con valor justo de mercado declarado de más de $500, puede deducir la cantidad que sea menor entre las siguientes: Las ganancias brutas procedentes de la venta del vehículo por la organización o El valor justo de mercado del vehículo en la fecha de la donación. Powered by jforum tax help free Si el valor justo de mercado del vehículo era mayor a su costo u otra base, es posible que tenga que reducir el valor justo de mercado para obtener la cantidad deducible, según se describe bajo Donación de Bienes Cuyo Valor ha Aumentado , más adelante. Powered by jforum tax help free Formulario 1098-C. Powered by jforum tax help free   Tiene que adjuntar a su declaración de impuestos la Copia B del Formulario 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes (Donaciones de vehículos motorizados, barcos y aviones), en inglés, u otra declaración escrita que contenga la misma información que el Formulario 1098-C, que usted recibió de la organización. Powered by jforum tax help free El Formulario 1098-C (u otra declaración escrita) mostrará la ganancia bruta procedente de la venta del vehículo. Powered by jforum tax help free   Si presenta la declaración por vía electrónica, tiene que: adjuntar la Copia B del Formulario 1098-C al Formulario 8453(SP) (o al Formulario 8453, en inglés) y enviar dichos formularios al IRS o adjuntar la Copia B del Formulario 1098-C como documento de tipo PDF si su programa de computadora lo permite. Powered by jforum tax help free   Si usted no adjunta el Formulario 1098-C (u otra declaración escrita), no puede deducir su donación. Powered by jforum tax help free   Tiene que obtener el Formulario 1098-C (u otra declaración escrita) dentro de los 30 días a partir de la venta del vehículo. Powered by jforum tax help free Si le corresponde la Excepción 1 ó 2 (descritas más adelante), tiene que obtener el Formulario 1098-C (u otra declaración escrita) dentro de los 30 días de la donación. Powered by jforum tax help free Se acerca el plazo para la presentación de la declaración y aún no tiene el Formulario 1098-C. Powered by jforum tax help free   Si se acerca el plazo para la presentación de la declaración y aún no ha recibido el Formulario 1098-C, usted tiene dos opciones: Solicitar una prórroga automática de 6 meses para presentar la declaración. Powered by jforum tax help free Puede obtener esta prórroga mediante la presentación del Formulario 4868(SP), Solicitud de Prórroga Automática para Presentar la Declaración de Impuestos sobre el Ingreso Personal de los Estados Unidos (o el Formulario 4868, Application for Automatic Extension of Time To File U. Powered by jforum tax help free S. Powered by jforum tax help free Individual Income Tax Return, en inglés). Powered by jforum tax help free Para más información, vea Prórroga Automática , en el capítulo 1. Powered by jforum tax help free Presentar la declaración de impuestos dentro del plazo sin reclamar la deducción por el vehículo que reúne los requisitos. Powered by jforum tax help free Después de haber recibido el Formulario 1098-C, puede presentar una declaración enmendada, es decir, el Formulario 1040X, Amended U. Powered by jforum tax help free S. Powered by jforum tax help free Individual Income Tax Return (Declaración enmendada de impuestos sobre el ingreso personal de los Estados Unidos), en inglés, para reclamar la deducción. Powered by jforum tax help free Adjunte la Copia B del Formulario 1098-C (u otra declaración escrita) a la declaración enmendada. Powered by jforum tax help free Para obtener más información sobre las declaraciones enmendadas, vea Declaraciones Enmendadas y Reclamaciones de Reembolso , en el capítulo 1. Powered by jforum tax help free Excepciones. Powered by jforum tax help free   Existen dos excepciones a las reglas relativas a las deducciones de más de $500 que se acaban de explicar. Powered by jforum tax help free Excepción 1: vehículo usado o mejorado por la organización. Powered by jforum tax help free   Si la organización calificada hace uso significativo del vehículo, o le hace mejoras materiales al mismo antes de traspasarlo, normalmente puede deducir el valor justo de mercado del vehículo al momento de la donación. Powered by jforum tax help free No obstante, si el valor justo de mercado del vehículo era mayor a su costo u otra base, es posible que tenga que reducir el valor justo de mercado para obtener la cantidad deducible, según se describe en Donación de Bienes Cuyo Valor ha Aumentado , más adelante. Powered by jforum tax help free El Formulario 1098-C (u otra declaración escrita) indicará si corresponde esta excepción. Powered by jforum tax help free Excepción 2: vehículo donado o vendido a una persona necesitada. Powered by jforum tax help free   Si la organización calificada regala el vehículo o lo vende a un precio mucho menor que el valor justo de mercado a una persona necesitada para promover los fines caritativos de la organización, generalmente puede deducir el valor justo de mercado del vehículo al momento de la donación. Powered by jforum tax help free No obstante, si el valor justo de mercado del vehículo era mayor a su costo u otra base, es posible que tenga que reducir el valor justo de mercado para obtener la cantidad deducible, según se describe bajo Donación de Bienes Cuyo Valor ha Aumentado , más adelante. Powered by jforum tax help free El Formulario 1098-C (u otra declaración escrita) indicará si corresponde esta excepción. Powered by jforum tax help free   Esta excepción no corresponde si la organización vende el vehículo en una subasta. Powered by jforum tax help free En tal caso, no puede deducir el valor justo de mercado del vehículo. Powered by jforum tax help free Ejemplo. Powered by jforum tax help free Anita dona un automóvil usado a una organización calificada. Powered by jforum tax help free Ella lo compró hace 3 años por $9,000. Powered by jforum tax help free Una guía de automóviles usados muestra el valor justo de mercado de $6,000 para ese tipo de automóvil. Powered by jforum tax help free No obstante, Anita recibe un Formulario 1098-C de la organización que indica que el automóvil fue vendido por $2,900. Powered by jforum tax help free Ni la Excepción 1 ni la Excepción 2 corresponde. Powered by jforum tax help free Si Anita detalla sus deducciones, puede deducir $2,900 por su donación. Powered by jforum tax help free Tiene que adjuntar el Formulario 1098-C y el Formulario 8283 a su declaración de impuestos. Powered by jforum tax help free Deducción de $500 o menos. Powered by jforum tax help free   Si la organización calificada vende el vehículo por $500 o menos y las Excepciones 1 y 2 no corresponden, puede deducir la cantidad que sea menor de las siguientes: $500 o El valor justo de mercado del vehículo en la fecha de la donación. Powered by jforum tax help free No obstante, si el valor justo de mercado del vehículo era mayor a su costo u otra base, es posible que tenga que reducir el valor justo de mercado para obtener la cantidad deducible, según se describe bajo Donación de Bienes Cuyo Valor ha Aumentado , más adelante. Powered by jforum tax help free   Si el valor justo de mercado del vehículo es al menos $250 pero no más de $500, tiene que tener una declaración escrita de la organización calificada que acuse recibo de su donación. Powered by jforum tax help free La declaración escrita tiene que contener la información y reunir los requisitos para un acuse de recibo bajo Deducciones de un Mínimo de $250 pero de un Máximo de $500 bajo Documentación que se Debe Mantener , más adelante. Powered by jforum tax help free Participación parcial en los bienes. Powered by jforum tax help free   Por lo general, no puede deducir una donación caritativa de una cantidad menor que la cantidad total de su participación en los bienes. Powered by jforum tax help free Derecho al uso de los bienes. Powered by jforum tax help free   Una donación del derecho de usar bienes es una donación de una cantidad menor que el total de su participación en aquellos bienes y no es deducible. Powered by jforum tax help free Para excepciones y más información, vea Partial Interest in Property Not in Trust (Participación parcial en bienes no colocados en fideicomiso) en la Publicación 561, en inglés. Powered by jforum tax help free Intereses futuros en bienes muebles tangibles. Powered by jforum tax help free   No puede deducir el valor de una donación caritativa que hizo en forma de intereses futuros en bienes muebles tangibles, hasta después de que todos los intereses intermedios y derechos a la posesión de hecho de la propiedad hayan caducado o hayan sido entregados a alguien que no sea usted, un pariente o una organización relacionada. Powered by jforum tax help free Bienes muebles tangibles. Powered by jforum tax help free   Éstos son bienes de cualquier tipo, que no sean terrenos o edificios, que se puedan ver o tocar. Powered by jforum tax help free Incluyen muebles, libros, joyas, pinturas y automóviles. Powered by jforum tax help free Intereses futuros. Powered by jforum tax help free   Éstos corresponden a intereses que deban comenzar en un futuro, independientemente de si son designados como intereses futuros bajo ley estatal. Powered by jforum tax help free Determinación del Valor Justo de Mercado Esta sección trata de las pautas generales para determinar el valor justo de mercado de varios tipos de bienes donados. Powered by jforum tax help free La Publicación 561, en inglés, contiene una explicación más completa. Powered by jforum tax help free El valor justo de mercado es el precio que tiene el bien en el momento que deja de ser propiedad del vendedor y se vuelve propiedad del comprador, sin que ninguno esté obligado a comprar o vender y teniendo ambos conocimiento razonable de todos los hechos pertinentes. Powered by jforum tax help free Ropa usada y artículos domésticos usados. Powered by jforum tax help free   Generalmente, el valor justo de mercado de ropa y artículos domésticos usados es mucho menor que el precio al que usted los compró cuando estaban nuevos. Powered by jforum tax help free   Para ropa usada, debe reclamar como valor el precio que compradores de artículos usados de hecho pagan en tiendas de ropa usada, tales como tiendas de mercancía de segunda mano o tiendas de consignación. Powered by jforum tax help free Vea Household Goods (Artículos domésticos) en la Publicación 561, en inglés, para información sobre la valorización de artículos domésticos, tales como muebles, enseres eléctricos y ropa de cama. Powered by jforum tax help free Ejemplo. Powered by jforum tax help free Diana Naranjo donó un abrigo a una tienda de mercancía de segunda mano administrada por su iglesia. Powered by jforum tax help free Ella pagó $300 por el abrigo hace tres años. Powered by jforum tax help free Abrigos parecidos se venden en la tienda por $50. Powered by jforum tax help free El valor justo de mercado del abrigo es $50. Powered by jforum tax help free La donación de Diana se limita a $50. Powered by jforum tax help free Automóviles, barcos y aviones. Powered by jforum tax help free   Si dona un automóvil, barco o avión a una organización caritativa, tiene que determinar su valor justo de mercado. Powered by jforum tax help free Ciertas empresas y organizaciones comerciales publican guías para determinar el precio de automóviles usados, conocidos como “ blue books ” (libros azules), que contienen precios de venta completos de concesionarios o precios promedio de concesionarios para modelos de años recientes. Powered by jforum tax help free Las guías pueden ser publicadas mensualmente o por temporadas y para diferentes regiones del país. Powered by jforum tax help free Estas guías también proveen cómputos aproximados para hacer ajustes correspondientes a equipo poco común, millas recorridas fuera de lo normal y estado físico. Powered by jforum tax help free Los precios no son “oficiales” y estas publicaciones no se consideran una valorización de ningún bien donado en específico. Powered by jforum tax help free Pero sí dan una idea para hacer una valorización y sugerir precios relativos que se puedan comparar con ventas y ofertas actuales en su área. Powered by jforum tax help free   También hay información disponible por Internet acerca del valor de automóviles usados. Powered by jforum tax help free Ejemplo. Powered by jforum tax help free Usted hace una donación de un automóvil usado, que está en mal estado, a una escuela secundaria local, para el uso de estudiantes que toman cursos de reparación de vehículos. Powered by jforum tax help free Una guía de automóviles usados muestra que el valor de venta al por menor del concesionario para este tipo de automóvil en mal estado es de $1,600. Powered by jforum tax help free Sin embargo, la guía muestra que el precio de venta de un vendedor privado de dicho automóvil es sólo de $750. Powered by jforum tax help free Se considera que el valor justo de mercado del automóvil es $750. Powered by jforum tax help free Cantidades grandes. Powered by jforum tax help free   Si dona una gran cantidad del mismo artículo, el valor justo de mercado es el precio al que se venden cantidades comparables de dicho artículo. Powered by jforum tax help free Donación de Bienes Cuyo Valor ha Disminuido Si dona bienes con un valor justo de mercado menor que su base en los mismos, su deducción se limita al valor justo de mercado de dichos bienes. Powered by jforum tax help free No puede reclamar una deducción por la diferencia entre la base de los bienes y el valor justo de mercado de los mismos. Powered by jforum tax help free Donación de Bienes Cuyo Valor ha Aumentado Si dona bienes con un valor justo de mercado superior a su base en los mismos, es posible que tenga que reducir el valor justo de mercado por la misma cantidad que aumentó el valor cuando se hizo la revaloración cuando calcule su deducción. Powered by jforum tax help free Su base en los bienes suele ser la cantidad que pagó por los mismos. Powered by jforum tax help free Vea el capítulo 13 si necesita más información sobre la base. Powered by jforum tax help free Se aplican distintas reglas al calcular su deducción, según si los bienes son: Bienes de ingreso ordinario o Bienes de ganancias de capital. Powered by jforum tax help free Bienes de ingreso ordinario. Powered by jforum tax help free   Los bienes son bienes de ingreso ordinario si en la fecha en que se donaron, su venta al valor justo de mercado le hubiera resultado en un ingreso ordinario o en ganancias de capital a corto plazo para usted. Powered by jforum tax help free Algunos ejemplos de bienes de ingreso ordinario son inventario, obras de arte creadas por el donante, manuscritos preparados por el donante y bienes de capital (definidos en el capítulo 14) que se tienen por un año o menos. Powered by jforum tax help free Cantidad de la deducción. Powered by jforum tax help free   La cantidad que puede deducir por una donación de bienes de ingreso ordinario es el valor justo de mercado del bien, menos la cantidad que, al venderlo por su valor justo de mercado, hubiera resultado en ingreso ordinario o ganancias de capital a corto plazo para usted. Powered by jforum tax help free Por lo general, esta regla hace que la deducción se limite a su base en los bienes. Powered by jforum tax help free Ejemplo. Powered by jforum tax help free Usted dona a su iglesia acciones que tuvo por 5 meses. Powered by jforum tax help free El valor justo de mercado de las acciones el día en que usted las dona es $1,000, pero usted pagó por ellos sólo $800 (su base). Powered by jforum tax help free Debido a que los $200 de revalorización serían ganancias de capital a corto plazo si usted vendiera las acciones, su deducción se limita a $800 (valor justo de mercado menos la revalorización). Powered by jforum tax help free Bienes de ganancias de capital. Powered by jforum tax help free   Los bienes son bienes de ganancias de capital si en la fecha en que se donaron, su venta al valor justo de mercado hubiera resultado en ganancias de capital a largo plazo para usted. Powered by jforum tax help free Éstos incluyen bienes de capital que usted ha conservado por más de 1 año, además de ciertos bienes raíces y bienes depreciables que usó en su negocio u ocupación y, normalmente, conservó por más de 1 año. Powered by jforum tax help free Cantidad de la deducción —regla general. Powered by jforum tax help free   Al calcular su deducción por una donación de bienes de ganancias de capital, normalmente puede usar el valor justo de mercado de dichos bienes. Powered by jforum tax help free Excepciones. Powered by jforum tax help free   En ciertas situaciones, tiene que reducir el valor justo de mercado por la cantidad que le hubiera resultado en ganancias de capital a largo plazo, si hubiera vendido los bienes por su valor justo de mercado. Powered by jforum tax help free Generalmente, esto significa reducir el valor justo de mercado a que sea igual al costo de los bienes u otra base. Powered by jforum tax help free Ventas a precios rebajados. Powered by jforum tax help free   Una venta de bienes a precios rebajados es una venta o intercambio por menos que el valor justo de mercado de los bienes. Powered by jforum tax help free Una venta a precios rebajados hecha a una organización calificada es, en parte, una donación caritativa y en parte una venta o intercambio. Powered by jforum tax help free Una venta a precios rebajados podría dar como resultado una ganancia tributable. Powered by jforum tax help free Información adicional. Powered by jforum tax help free   Para más información sobre la donación de bienes revalorizados, vea Giving Property That Has Increased in Value (Donación de bienes cuyo valor ha aumentado) en la Publicación 526, en inglés. Powered by jforum tax help free Cuándo Puede Deducir sus Donaciones Puede deducir sus donaciones únicamente en el año en que de hecho dona el dinero en efectivo u otros bienes (o en un año posterior si se trasladan a dicho año, como se explica más adelante en Cantidades Trasladadas al Año Siguiente ). Powered by jforum tax help free Esto corresponde independientemente de si utiliza el método contable a base de efectivo o a base de lo devengado. Powered by jforum tax help free Fecha de la donación. Powered by jforum tax help free   Normalmente, la donación se considera hecha en la fecha de entrega incondicional de la misma. Powered by jforum tax help free Cheques. Powered by jforum tax help free   Un cheque enviado por usted a una organización caritativa se considera entregado en la fecha en que lo envía. Powered by jforum tax help free Mensaje de texto. Powered by jforum tax help free    Donaciones hechas por medio de un mensaje de texto se pueden deducir en el año en que envía el mensaje de texto si la donación se le cobra a su cuenta de teléfono o celular. Powered by jforum tax help free Tarjeta de crédito. Powered by jforum tax help free    Las donaciones cargadas a su tarjeta de crédito son deducibles en el año en que hace el cargo a su tarjeta de crédito. Powered by jforum tax help free Pago telefónico. Powered by jforum tax help free    Si hace su pago por teléfono, se considera que la fecha en que la institución financiera paga esa cantidad es la fecha en que se recibe la donación. Powered by jforum tax help free Título de acciones. Powered by jforum tax help free   Se considera que usted ha realizado su donación de un título de acciones, debidamente endosado, a una organización caritativa o al agente de ella, en la misma fecha de envío, o de entrega de otra manera, a la organización caritativa. Powered by jforum tax help free No obstante, si usted le da un título de acciones a su representante personal o a la sociedad anónima emisora del título para que sea traspasado al nombre de la organización caritativa, su donación no se recibe hasta la fecha en que las acciones sean traspasadas en los libros de la sociedad anónima. Powered by jforum tax help free Pagaré. Powered by jforum tax help free   Si emite y entrega un pagaré a una organización caritativa como donación, no se considera una donación hasta que usted haga los pagos sobre el mismo. Powered by jforum tax help free Opción. Powered by jforum tax help free    Si le otorga a una organización caritativa una opción para la compra de bienes raíces a precio de oferta, no se considera donación hasta que dicha organización ejecute la opción. Powered by jforum tax help free Fondos de un préstamo. Powered by jforum tax help free   Si hace una donación con fondos obtenidos de un préstamo, puede deducir la donación en el año en que envíe los fondos a la organización caritativa, independientemente de cuándo reintegre el préstamo. Powered by jforum tax help free Límites sobre Deducciones La cantidad de su deducción por donaciones caritativas no puede exceder del 50% de su ingreso bruto ajustado (AGI, por sus siglas en inglés). Powered by jforum tax help free Su deducción puede ser limitada aun mas al 30% o 20% de su AGI, según el tipo de bienes que done y el tipo de organización a la cual se los done. Powered by jforum tax help free Si el total de sus donaciones del año entero son iguales al 20% o menos de su AGI, estos límites no le corresponden a usted. Powered by jforum tax help free Los límites se explican en detalle bajo Limits on Deductions (Límites sobre deducciones), en la Publicación 526, en inglés. Powered by jforum tax help free Un límite superior aplica a determinadas donaciones calificadas destinadas a proyectos de conservación. Powered by jforum tax help free Vea la Publicación 526, disponible en inglés, para más detalles. Powered by jforum tax help free Cantidades Trasladadas al Año Siguiente Puede trasladar al año siguiente las donaciones que no pudo deducir en el año en curso debido a que sobrepasan los límites de su ingreso bruto ajustado. Powered by jforum tax help free Puede deducir dicho exceso en cada uno de los 5 años siguientes hasta que haya deducido la cantidad entera, pero no más allá de esa fecha. Powered by jforum tax help free Para más información, vea Carryovers (Cantidades trasladadas al año siguiente) en la Publicación 526, en inglés. Powered by jforum tax help free Documentación que se Debe Mantener Tiene que conservar documentación para comprobar la cantidad de cada donación que usted hizo durante el año. Powered by jforum tax help free El tipo de documentos que tiene que conservar depende de la cantidad de las donaciones y de si son: Donaciones en efectivo, Donaciones que no sean en efectivo o Gastos de bolsillo en los que se ha incurrido al donar servicios. Powered by jforum tax help free Nota: Por lo general, una organización tiene que darle una declaración escrita si recibe de usted un pago superior a $75 que es en parte una donación y en parte a cambio de bienes y servicios. Powered by jforum tax help free (Vea la sección Donaciones de las Cuales Usted se Beneficia bajo Donaciones que Puede Deducir , anteriormente). Powered by jforum tax help free Conserve la declaración escrita con su documentación. Powered by jforum tax help free Es posible que ésta cumpla todos o parte de los requisitos de documentación, que se explican más adelante. Powered by jforum tax help free Donaciones en Efectivo Las donaciones en efectivo incluyen aquéllas que se pagan con dinero en efectivo, por cheque, transferencia de fondos electrónica, tarjeta de crédito, tarjeta de débito, o deducción de nómina. Powered by jforum tax help free No puede deducir una donación hecha en efectivo, cualquiera que sea la cantidad, a no ser que guarde uno de los siguientes documentos: Documentación bancaria que muestre el nombre de la organización caritativa calificada, la fecha de la donación y la cantidad de la donación. Powered by jforum tax help free La documentación bancaria puede incluir: Un cheque cancelado, Un estado de cuentas bancario o de una cooperativa de crédito o Un estado de cuentas de tarjeta de crédito. Powered by jforum tax help free Un recibo (o una carta u otra comunicación escrita) de la organización calificada en el cual aparezcan el nombre de dicha organización, la fecha de la donación y la cantidad de la donación. Powered by jforum tax help free Los registros de nómina descritos a continuación. Powered by jforum tax help free Deducciones de nómina. Powered by jforum tax help free   Si usted hace donaciones por deducción de nómina, tiene que guardar: Un talón de cheque, Formulario W-2 u otro documento proporcionado por su empleador en el cual se indican la fecha y cantidad de la donación y Una tarjeta de compromiso u otro documento preparado por o para la organización calificada en el cual se indica el nombre de dicha organización. Powered by jforum tax help free Si su empleador retuvo $250 o más de un solo cheque de pago, vea Donaciones de $250 o Más , a continuación. Powered by jforum tax help free Donaciones de $250 o Más Puede reclamar una deducción por una donación de $250 o más sólo si tiene un acuse de recibo de su donación emitido por la organización calificada o si tiene cierta documentación correspondiente a las deducciones de nómina. Powered by jforum tax help free Si hizo más de una sola donación en la cantidad de $250 o más, tiene que tener un acuse de recibo separado para cada una o un solo acuse de recibo que muestre cada donación, la fecha de cada donación y el total de sus donaciones. Powered by jforum tax help free Cantidad de la donación. Powered by jforum tax help free   Al calcular si su donación es de $250 o más, no combine donaciones separadas. Powered by jforum tax help free Por ejemplo, si donaba a su iglesia $25 por semana, los pagos semanales no tienen que sumarse. Powered by jforum tax help free Cada pago se considera una donación separada. Powered by jforum tax help free   Si se hacen donaciones por deducción de nómina, la deducción de cada cheque de pago se considera una donación separada. Powered by jforum tax help free   Si hizo un pago que fuera en parte a cambio de bienes y servicios, como se describe anteriormente bajo Donaciones de las Cuales Usted se Beneficia , su donación es la cantidad del pago que sea mayor al valor de los bienes y servicios. Powered by jforum tax help free Acuse de recibo. Powered by jforum tax help free   El acuse de recibo tiene que reunir los siguientes requisitos: Tiene que ser por escrito. Powered by jforum tax help free Tiene que incluir: La cantidad de dinero en efectivo que donó, Si la organización calificada le dio a usted algún bien o servicio como resultado de su donación (que no sea un artículo simbólico o beneficios de afiliación), Una descripción y cómputo aproximado de buena fe del valor de todos los bienes o servicios descritos en (b) (que no sean beneficios religiosos intangibles) y Una declaración escrita explicando que el único beneficio que usted recibió fue un beneficio religioso intangible, si ése fue el caso. Powered by jforum tax help free En el acuse de recibo no se necesita describir ni estimar el valor del beneficio religioso intangible. Powered by jforum tax help free Un beneficio religioso intangible es un beneficio que no se suele vender en transacciones comerciales fuera del contexto de donación (regalo). Powered by jforum tax help free Un ejemplo, es la entrada a una ceremonia religiosa. Powered by jforum tax help free Tiene que obtenerlo a más tardar en la fecha más temprana entre las siguientes: La fecha en que usted presenta su declaración de impuestos para el año en que haya hecho la donación o La fecha de vencimiento, incluyendo prórrogas, para presentar la declaración de impuestos. Powered by jforum tax help free   Si la fecha de la donación no se indica en el acuse de recibo, tiene que tener además documentación bancaria o un recibo, como se describe anteriormente, en el que sí se indica la fecha de la donación. Powered by jforum tax help free Si el acuse de recibo indica la fecha de la donación y reúne los demás requisitos descritos anteriormente, usted no necesita otra documentación. Powered by jforum tax help free Deducciones de nómina. Powered by jforum tax help free   Si hace una donación por medio de deducción de nómina y su empleador retuvo $250 o más de un solo cheque de pago, usted tiene que guardar: Un talón de cheque, Formulario W-2 u otro documento proporcionado por su empleador en el cual se indica la cantidad retenida como donación y Una tarjeta de compromiso u otro documento preparado por o para la organización calificada en el cual se indica el nombre de dicha organización afirmando que dicha organización no provee bienes o servicios a cambio de donaciones hechas por deducción de nómina. Powered by jforum tax help free Puede guardar una sola tarjeta de compromiso para toda donación hecha por deducción de nómina, cualquiera que sea la cantidad, siempre y cuando contenga toda la información requerida. Powered by jforum tax help free   Si el talón de cheque, Formulario W-2, tarjeta de compromiso u otro documento no muestra la fecha de la donación, usted tiene que tener otro documento adicional que muestre dicha fecha. Powered by jforum tax help free Si el talón de cheque, Formulario W-2, tarjeta de compromiso u otro documento sí muestra la fecha de la donación, no necesita otra documentación a excepción de la que acaba de describirse anteriormente en los puntos (1) y (2). Powered by jforum tax help free Donaciones que no Sean en Efectivo En el caso de una donación que no sea en efectivo, la documentación que tiene que guardar depende de si su deducción por la donación es: Menos de $250, Por lo menos $250 pero no más de $500, Más de $500 pero no más de $5,000 o Más de $5,000. Powered by jforum tax help free Cantidad de la deducción. Powered by jforum tax help free   Al calcular si su deducción es de $500 o más, sume las deducciones declaradas por todo artículo de propiedad parecida donada a alguna organización caritativa durante el año. Powered by jforum tax help free   Si recibió bienes o servicios a cambio, como se describe anteriormente en Donaciones de las Cuales Usted se Beneficia , reduzca su donación por el valor de aquellos bienes o servicios. Powered by jforum tax help free Si calcula su deducción disminuyendo el valor justo de mercado de los bienes donados por la cantidad que dicho valor aumentó desde su compra del artículo, como se describe anteriormente en Donación de Bienes Cuyo Valor ha Aumentado , su donación corresponde a la cantidad disminuida. Powered by jforum tax help free Donaciones Menores de $250 Si hace alguna donación que no sea en efectivo, tendrá que obtener y guardar un recibo emitido por la organización caritativa en el cual se indican: El nombre de la organización caritativa, La fecha y el sitio de la donación caritativa y Una descripción razonablemente detallada de los bienes. Powered by jforum tax help free Una carta u otra comunicación escrita de la organización caritativa que acuse recibo de la donación e incluya la información en los puntos (1), (2) y (3) servirá de recibo. Powered by jforum tax help free No está obligado a tener un recibo cuando sea poco factible obtener uno (por ejemplo, si deja bienes en un punto de recogida no atendido de una organización caritativa). Powered by jforum tax help free Documentación adicional. Powered by jforum tax help free   También tiene que mantener documentación escrita confiable por cada artículo de propiedad donada. Powered by jforum tax help free La documentación escrita tiene que incluir la siguiente información: El nombre y dirección de la organización a la cual hizo la donación. Powered by jforum tax help free La fecha y sitio de la donación. Powered by jforum tax help free Una descripción razonablemente detallada de los bienes dadas las circunstancias. Powered by jforum tax help free Para valores bursátiles, guarde el nombre del emisor, el tipo de los valores y si se comercializan regularmente en una bolsa de valores o mercado secundario. Powered by jforum tax help free El valor justo de mercado de los bienes en la
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National Capital Planning Commission

The National Capital Planning Commission crafts long-range plans and policies for the National Capital Region. The Commission provides building and zoning advice to Washington DC and the surrounding area, and approves various federal construction plans.

Contact the Agency or Department

Website: National Capital Planning Commission

E-mail:

Address: 401 9th Street NW
North Lobby, Suite 500

Washington, DC 20004

Phone Number: (202) 482-7200

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Powered by jforum tax help free 4. Powered by jforum tax help free   Other Section 501(c) Organizations Table of Contents Introduction 501(c)(4) - Civic Leagues and Social Welfare OrganizationsSpecific Organizations 501(c)(5) - Labor, Agricultural and Horticultural OrganizationsLabor Organizations Agricultural and Horticultural Organizations 501(c)(6) - Business Leagues, etc. Powered by jforum tax help free Line of business. Powered by jforum tax help free Examples. Powered by jforum tax help free Improvement of business conditions. Powered by jforum tax help free Exception for local legislation. Powered by jforum tax help free De minimis exception. Powered by jforum tax help free Grass roots lobbying. Powered by jforum tax help free 501(c)(7) - Social and Recreation ClubsLimited membership. Powered by jforum tax help free Support. Powered by jforum tax help free Facilities open to public. Powered by jforum tax help free Gross receipts from nonmembership sources. Powered by jforum tax help free Gross receipts. Powered by jforum tax help free Nontraditional activities. Powered by jforum tax help free 501(c)(8) and 501(c)(10) - Fraternal Beneficiary Societies and Domestic Fraternal SocietiesFraternal Beneficiary Societies (501(c)(8)) Domestic Fraternal Societies (501(c)(10)) 501(c)(4), 501(c)(9), and 501(c)(17) - Employees' AssociationsLocal Employees' Associations (501(c)(4)) Voluntary Employees' Beneficiary Associations (501(c)(9)) Supplemental Unemployment Benefit Trusts (501(c)(17)) 501(c)(12) - Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like OrganizationsMembership. Powered by jforum tax help free Losses and expenses. Powered by jforum tax help free Distributions of proceeds. Powered by jforum tax help free The 85% Requirement Local Life Insurance Associations Mutual or Cooperative Associations 501(c)(13) - Cemetery CompaniesBuying cemetery property. Powered by jforum tax help free Perpetual care organization. Powered by jforum tax help free Care of individual plots. Powered by jforum tax help free 501(c)(14) - Credit Unions and Other Mutual Financial OrganizationsState-Chartered Credit Unions Other Mutual Financial Organizations 501(c)(19) - Veterans' Organizations 501(c)(20) - Group Legal Services Plan Organizations 501(c)(21) - Black Lung Benefit TrustsExcise taxes. Powered by jforum tax help free 501(c)(2) - Title-Holding Corporations for Single Parent CorporationsExpenses. Powered by jforum tax help free Waiver of payment of income. Powered by jforum tax help free 501(c)(25) - Title-Holding Corporations or Trusts for Multiple Parent CorporationsUnrelated Business Income 501(c)(26) - State-Sponsored High-Risk Health Coverage Organizations 501(c)(27) - Qualified State-Sponsored Workers' Compensation Organizations 501(c)(29) - CO-OP Health Insurance Issuers New Guidance for IRC 501(c)(29) Qualified Nonprofit Health Insurance Issuers General Requirements for Exemption under 501(c)(29) and Annual Filing Requirement Additional Guidance for Prospective 501(c)(29) Organizations Introduction This chapter contains specific information for certain organizations described in section 501(c), other than those organizations that are described in section 501(c)(3). Powered by jforum tax help free Section 501(c)(3) organizations are covered in chapter 3 of this publication. Powered by jforum tax help free The Table of Contents at the beginning of this publication, as well as the Organization Reference Chart, may help you locate at a glance the type of organization discussed in this chapter. Powered by jforum tax help free 501(c)(4) - Civic Leagues and Social Welfare Organizations If your organization is not organized for profit and will be operated primarily to promote social welfare to benefit the community, you should file Form 1024 to apply for recognition of exemption from federal income tax under section 501(c)(4). Powered by jforum tax help free The discussion that follows describes the information you must provide when applying. Powered by jforum tax help free For application procedures, see chapter 1. Powered by jforum tax help free To qualify for exemption under section 501(c)(4), the organization's net earnings must be devoted primarily to charitable, educational, or recreational purposes. Powered by jforum tax help free In addition, no part of the organization's net earnings can inure to the benefit of any private shareholder or individual. Powered by jforum tax help free If the organization provides an excess benefit to certain persons, an excise tax may be imposed. Powered by jforum tax help free See Excise tax on excess benefit transactions , under Excess Benefit Transactions in chapter 5 for more information about this tax. Powered by jforum tax help free Examples. Powered by jforum tax help free   Types of organizations that are considered to be social welfare organizations are civic associations and volunteer fire companies. Powered by jforum tax help free Nonprofit operation. Powered by jforum tax help free   You must submit evidence that your organization is organized and will be operated on a nonprofit basis. Powered by jforum tax help free However, such evidence, including the fact that your organization is organized under a state law relating to nonprofit corporations, will not in itself establish a social welfare purpose. Powered by jforum tax help free Social welfare. Powered by jforum tax help free   To establish that your organization is organized primarily to promote social welfare, you should submit evidence with your application showing that your organization will operate primarily to further (in some way) the common good and general welfare of the people of the community (such as by bringing about civic betterment and social improvements). Powered by jforum tax help free   An organization that restricts the use of its facilities to employees of selected corporations and their guests is primarily benefiting a private group rather than the community. Powered by jforum tax help free It therefore does not qualify as a section 501(c)(4) organization. Powered by jforum tax help free Similarly, an organization formed to represent member-tenants of an apartment complex does not qualify, since its activities benefit the member-tenants and not all tenants in the community. Powered by jforum tax help free However, an organization formed to promote the legal rights of all tenants in a particular community may qualify under section 501(c)(4) as a social welfare organization. Powered by jforum tax help free Political activity. Powered by jforum tax help free   Promoting social welfare does not include direct or indirect participation or intervention in political campaigns on behalf of or in opposition to any candidate for public office. Powered by jforum tax help free However, if you submit proof that your organization is organized primarily to promote social welfare, it can obtain exemption even if it participates legally in some political activity on behalf of or in opposition to candidates for public office. Powered by jforum tax help free See the discussion in chapter 2 under Political Organization Income Tax Return . Powered by jforum tax help free Social or recreational activity. Powered by jforum tax help free   If social activities will be the primary purpose of your organization, you should not file an application for exemption as a social welfare organization but should file for exemption as a social club described in section 501(c)(7). Powered by jforum tax help free Retirement benefit program. Powered by jforum tax help free   An organization established by its members that has as its primary activity providing supplemental retirement benefits to its members or death benefits to their beneficiaries does not qualify as an exempt social welfare organization. Powered by jforum tax help free It may qualify under another paragraph of section 501(c) depending on all the facts. Powered by jforum tax help free   However, a nonprofit association that is established, maintained, and funded by a local government to provide the only retirement benefits to a class of employees may qualify as a social welfare organization under section 501(c)(4). Powered by jforum tax help free Tax treatment of donations. Powered by jforum tax help free   Donations to volunteer fire companies are deductible on the donor's federal income tax return, but only if made for exclusively public purposes. Powered by jforum tax help free Contributions to civic leagues or other section 501(c)(4) organizations generally are not deductible as charitable contributions for federal income tax purposes. Powered by jforum tax help free They may be deductible as trade or business expenses, if ordinary and necessary in the conduct of the taxpayer's business. Powered by jforum tax help free However, see Deduction not allowed for dues used for political or legislative activities , under 501(c)(6) - Business Leagues, etc. Powered by jforum tax help free for more information. Powered by jforum tax help free For more information on social welfare organizations, see Life Cycle of a Social Welfare Organization at IRS. Powered by jforum tax help free gov. Powered by jforum tax help free Specific Organizations The following information should be contained in the application form and accompanying statements of certain types of civic leagues or social welfare organizations. Powered by jforum tax help free Volunteer fire companies. Powered by jforum tax help free   If your organization wishes to obtain exemption as a volunteer fire company or similar organization, you should submit evidence that its members are actively engaged in fire fighting and similar disaster assistance, whether it actually owns the fire fighting equipment, and whether it provides any assistance for its members, such as death and medical benefits in case of injury to them. Powered by jforum tax help free   If your organization does not have an independent social purpose, such as providing recreational facilities for members, it may be exempt under section 501(c)(3). Powered by jforum tax help free In this event, your organization should file Form 1023. Powered by jforum tax help free Homeowners' associations. Powered by jforum tax help free   A membership organization formed by a real estate developer to own and maintain common green areas, streets, and sidewalks and to enforce covenants to preserve the appearance of the development should show that it is operated for the benefit of all the residents of the community. Powered by jforum tax help free The term community generally refers to a geographical unit recognizable as a governmental subdivision, unit, or district thereof. Powered by jforum tax help free Whether a particular association meets the requirement of benefiting a community depends on the facts and circumstances of each case. Powered by jforum tax help free Even if an area represented by an association is not a community, the association can still qualify for exemption if its activities benefit a community. Powered by jforum tax help free   The association should submit evidence that areas such as roadways and park land that it owns and maintains are open to the general public and not just its own members. Powered by jforum tax help free It also must show that it does not engage in exterior maintenance of private homes. Powered by jforum tax help free   A homeowners' association that is not exempt under section 501(c)(4) and that is a condominium management association, a residential real estate management association, or a timeshare association generally can elect under the provisions of section 528 to receive certain tax benefits that, in effect, permit it to exclude its exempt function income from its gross income. Powered by jforum tax help free Other organizations. Powered by jforum tax help free   Other nonprofit organizations that qualify as social welfare organizations include: An organization operating an airport that is on land owned by a local government, which supervises the airport's operation, and that serves the general public in an area with no other airport, A community association that works to improve public services, housing, and residential parking; publishes a free community newspaper; sponsors a community sports league, holiday programs, and meetings; and contracts with a private security service to patrol the community, A community association devoted to preserving the community's traditions, architecture, and appearance by representing it before the local legislature and administrative agencies in zoning, traffic, and parking matters, An organization that tries to encourage industrial development and relieve unemployment in an area by making loans to businesses so they will relocate to the area, and An organization that holds an annual festival of regional customs and traditions. Powered by jforum tax help free 501(c)(5) - Labor, Agricultural and Horticultural Organizations If you are a member of an organization that wants to obtain recognition of exemption from federal income tax as a labor, agricultural, or horticultural organization, you should submit an application on Form 1024. Powered by jforum tax help free You must indicate in your application for exemption and accompanying statements that no part of the organization's net earnings will inure to the benefit of any member. Powered by jforum tax help free In addition, you should follow the procedure for obtaining recognition of exempt status described in chapter 1. Powered by jforum tax help free Submit any additional information that may be required, as described in this section. Powered by jforum tax help free Tax treatment of donations. Powered by jforum tax help free   Contributions to labor, agricultural, and horticultural organizations are not deductible as charitable contributions on the donor's federal income tax return. Powered by jforum tax help free However, such payments may be deductible as business expenses if they are ordinary and necessary in the conduct of the taxpayer's trade or business. Powered by jforum tax help free For more information about certain limits affecting the deductibility of these business expenses, see Deduction not allowed for dues used for political or legislative activities , under 501(c)(6) - Business Leagues, etc. Powered by jforum tax help free Labor Organizations A labor organization is an association of workers who have combined to protect and promote the interests of the members by bargaining collectively with their employers to secure better working conditions. Powered by jforum tax help free To show that your organization has the purpose of a labor organization, you should include in the articles of organization or accompanying statements (submitted with your exemption application) information establishing that the organization is organized to better the conditions of workers, improve the grade of their products, and develop a higher degree of efficiency in their respective occupations. Powered by jforum tax help free In addition, no net earnings of the organization can inure to the benefit of any member. Powered by jforum tax help free Composition of membership. Powered by jforum tax help free   While a labor organization generally is composed of employees or representatives of the employees (in the form of collective bargaining agents) and similar employee groups, evidence that an organization's membership consists mainly of workers does not in itself indicate an exempt purpose. Powered by jforum tax help free You must show in your application that your organization has the purposes described in the preceding paragraph. Powered by jforum tax help free These purposes can be accomplished by a single labor organization acting alone or by several organizations acting together through a separate organization. Powered by jforum tax help free Benefits to members. Powered by jforum tax help free   The payment by a labor organization of death, sick, accident, and similar benefits to its individual members with funds contributed by its members, if made under a plan to better the conditions of the members, does not preclude exemption as a labor organization. Powered by jforum tax help free However, an organization does not qualify for exemption as a labor organization if it has no authority to represent members in job-related matters, even if it provides weekly income to its members in the event of a lawful strike by the members' union, in return for an annual payment by the member. Powered by jforum tax help free   For more information on labor organizations, see Life Cycle of a Labor Organization at IRS. Powered by jforum tax help free gov. Powered by jforum tax help free Agricultural and Horticultural Organizations Agricultural and horticultural organizations are connected with raising livestock, forestry, cultivating land, raising and harvesting crops or aquatic resources, cultivating useful or ornamental plants, and similar pursuits. Powered by jforum tax help free For the purpose of these provisions, aquatic resources include only animal or vegetable life, but not mineral resources. Powered by jforum tax help free The term harvesting, in this case, includes fishing and related pursuits. Powered by jforum tax help free Agricultural organizations can be quasi-public in character and are often designed to encourage the development of better agricultural and horticultural products through a system of awards, using income from entry fees, gate receipts, and donations to meet the necessary expenses of upkeep and operation. Powered by jforum tax help free When the activities are directed toward the improvement of marketing or other business conditions in one or more lines of business, rather than the improvement of production techniques or the betterment of the conditions of persons engaged in agriculture, the organization must qualify for exemption as a business league, board of trade, or other organization, as discussed next in the section on 501(c)(6) organizations. Powered by jforum tax help free The primary purpose of exempt agricultural and horticultural organizations must be to better the conditions of those engaged in agriculture or horticulture, develop more efficiency in agriculture or horticulture, or improve the products. Powered by jforum tax help free The following list contains some examples of activities that show an agricultural or horticultural purpose. Powered by jforum tax help free Promoting various cooperative agricultural, horticultural, and civic activities among rural residents by a state, farm, or home bureau. Powered by jforum tax help free Exhibiting livestock, farm products, and other characteristic features of agriculture and horticulture. Powered by jforum tax help free Testing soil for members and nonmembers of the farm bureau on a cost basis, the results of the tests and other recommendations being furnished to the community members to educate them in soil treatment. Powered by jforum tax help free Guarding the purity of a specific breed of livestock. Powered by jforum tax help free Encouraging improvements in the production of fish on privately owned fish farms. Powered by jforum tax help free Negotiating with processors for the price to be paid to members for their crops. Powered by jforum tax help free For more information on agricultural or horticultural organizations, see Life Cycle of an Agricultural or Horticultural Organization at IRS. Powered by jforum tax help free gov. Powered by jforum tax help free 501(c)(6) - Business Leagues, etc. Powered by jforum tax help free If your association wants to apply for recognition of exemption from federal income tax as a nonprofit business league, chamber of commerce, real estate board, or board of trade, it should file Form 1024. Powered by jforum tax help free For a discussion of the procedure to follow, see chapter 1. Powered by jforum tax help free Your organization must indicate in its application form and attached statements that no part of its net earnings will inure to the benefit of any private shareholder or individual and that it is not organized for profit or organized to engage in an activity ordinarily carried on for profit (even if the business is operated on a cooperative basis or produces only sufficient income to be self-sustaining). Powered by jforum tax help free In addition, your organization must be primarily engaged in activities or functions that are the basis for its exemption. Powered by jforum tax help free It must be primarily supported by membership dues and other income from activities substantially related to its exempt purpose. Powered by jforum tax help free A business league, in general, is an association of persons having some common business interest, the purpose of which is to promote that common interest and not to engage in a regular business of a kind ordinarily carried on for profit. Powered by jforum tax help free Trade associations and professional associations are considered business leagues. Powered by jforum tax help free Chamber of commerce. Powered by jforum tax help free   A chamber of commerce usually is composed of the merchants and traders of a city. Powered by jforum tax help free Board of trade. Powered by jforum tax help free   A board of trade often consists of persons engaged in similar lines of business. Powered by jforum tax help free For example, a nonprofit organization formed to regulate the sale of a specified agricultural commodity to assure equal treatment of producers, warehouse workers, and buyers is a board of trade. Powered by jforum tax help free   Chambers of commerce and boards of trade usually promote the common economic interests of all the commercial enterprises in a given trade community. Powered by jforum tax help free Real estate board. Powered by jforum tax help free   A real estate board consists of members interested in improving the business conditions in the real estate field. Powered by jforum tax help free It is not organized for profit and no part of the net earnings inures to the benefit of any private shareholder or individual. Powered by jforum tax help free Professional football leagues. Powered by jforum tax help free   The Internal Revenue Code specifically defines professional football leagues as exempt organizations under section 501(c)(6). Powered by jforum tax help free They are exempt whether or not they administer a pension fund for football players. Powered by jforum tax help free General purpose. Powered by jforum tax help free   You must indicate in the material submitted with your application that your organization will be devoted to the improvement of business conditions of one or more lines of business as distinguished from the performance of particular services for individual persons. Powered by jforum tax help free It must be shown that the conditions of a particular trade or the interests of the community will be advanced. Powered by jforum tax help free Merely indicating the name of the organization or the object of the local statute under which it is created is not enough to demonstrate the required general purpose. Powered by jforum tax help free Line of business. Powered by jforum tax help free   This term generally refers either to an entire industry or to all components of an industry within a geographic area. Powered by jforum tax help free It does not include a group composed of businesses that market a particular brand within an industry. Powered by jforum tax help free Common business interest. Powered by jforum tax help free   A common business interest of all members of the organization must be established by the application documents. Powered by jforum tax help free Examples. Powered by jforum tax help free   Activities that would tend to illustrate a common business interest are: Promotion of higher business standards and better business methods and encouragement of uniformity and cooperation by a retail merchants association, Education of the public in the use of credit, Establishment of uniform casualty rates and compilation of statistical information by an insurance rating bureau operated by casualty insurance companies, Establishment and maintenance of the integrity of a local commercial market, Operation of a trade publication primarily intended to benefit an entire industry, and Encouragement of the use of goods and services of an entire industry (such as a lawyer referral service whose main purpose is to introduce individuals to the use of the legal profession in the hope that they will enter into lawyer-client relationships on a paying basis as a result). Powered by jforum tax help free Improvement of business conditions. Powered by jforum tax help free   Generally, this must be shown to be the purpose of the organization. Powered by jforum tax help free This is not established by evidence of particular services that provide a convenience or economy to individual members in their businesses, such as advertising that carries the name of members, interest-free loans, assigning exclusive franchise areas, operation of a real estate multiple listing system, or operation of a credit reporting agency. Powered by jforum tax help free Stock or commodity exchange. Powered by jforum tax help free   A stock or commodity exchange is not a business league, chamber of commerce, real estate board, or board of trade and is not exempt under section 501(c)(6). Powered by jforum tax help free Legislative activity. Powered by jforum tax help free   An organization that is exempt under section 501(c)(6) can work for the enactment of laws to advance the common business interests of the organization's members. Powered by jforum tax help free Deduction not allowed for dues used for political or legislative activities. Powered by jforum tax help free   A taxpayer cannot deduct the part of dues or other payments to a business league, trade association, labor union, or similar organization that is reported to the taxpayer by the organization as having been used for any of the following activities. Powered by jforum tax help free Influencing legislation. Powered by jforum tax help free Participating or intervening in a political campaign for, or against, any candidate for public office. Powered by jforum tax help free Trying to influence the general public, or part of the general public, with respect to elections, legislative matters, or referendums (also known as grass roots lobbying). Powered by jforum tax help free Communicating directly with certain executive branch officials to try to influence their official actions or positions. Powered by jforum tax help free See Dues Used for Lobbying or Political Activities under Required Disclosures in chapter 2 for more information. Powered by jforum tax help free Exception for local legislation. Powered by jforum tax help free   Members can deduct dues (or assessments) to an organization that are for expenses of: Appearing before, submitting statements to, or sending communications to members of a local council or similar governing body with respect to legislation or proposed legislation of direct interest to the member, or Communicating information between the member and the organization with respect to local legislation or proposed legislation of direct interest to the organization or the member. Powered by jforum tax help free Legislation or proposed legislation is of direct interest to a taxpayer if it will, or can reasonably be expected to, affect the taxpayer's trade or business. Powered by jforum tax help free De minimis exception. Powered by jforum tax help free   In-house expenditures of $2,000 or less for the year for activities (1) – (4) listed earlier will not prevent a deduction for dues if the dues meet all other tests to be deductible as a business expense. Powered by jforum tax help free Grass roots lobbying. Powered by jforum tax help free   A tax-exempt trade association, labor union, or similar organization is considered to be engaging in grass roots lobbying if it contacts prospective members or calls upon its own members to contact their employees and customers for the purpose of urging such persons to communicate with their elected state or Congressional representatives to support the promotion, defeat, or repeal of legislation that is of direct interest to the organization. Powered by jforum tax help free Any dues or assessments directly related to such activities are not deductible by the taxpayer, since the individuals being contacted, who are not members of the organization, are a segment of the general public. Powered by jforum tax help free Tax treatment of donations. Powered by jforum tax help free   Contributions to organizations described in this section are not deductible as charitable contributions on the donor's federal income tax return. Powered by jforum tax help free They may be deductible as trade or business expenses if ordinary and necessary in the conduct of the taxpayer's business. Powered by jforum tax help free   For more information on business leagues, see Life Cycle of a Business League (Trade Association) on IRS. Powered by jforum tax help free gov. Powered by jforum tax help free 501(c)(7) - Social and Recreation Clubs If your club is organized for pleasure, recreation, and other similar nonprofitable purposes and substantially all of its activities are for these purposes, it should file Form 1024 to apply for recognition of exemption from federal income tax. Powered by jforum tax help free In applying for recognition of exemption, you should submit the information described in this section. Powered by jforum tax help free Also see chapter 1 for the procedures to follow. Powered by jforum tax help free Typical organizations that should file for recognition of exemption as social clubs include: College alumni associations that are not described in chapter 3 under Alumni association , College fraternities or sororities operating chapter houses for students, Country clubs, Amateur hunting, fishing, tennis, swimming, and other sport clubs, Dinner clubs that provide a meeting place, library, and dining room for members, Hobby clubs, Garden clubs, and Variety clubs. Powered by jforum tax help free Discrimination prohibited. Powered by jforum tax help free   Your organization will not be recognized as tax exempt if its charter, bylaws, or other governing instrument, or any written policy statement provides for discrimination against any person on the basis of race, color, or religion. Powered by jforum tax help free   However, a club that in good faith limits its membership to the members of a particular religion to further the teachings or principles of that religion and not to exclude individuals of a particular race or color will not be considered as discriminating on the basis of religion. Powered by jforum tax help free Also, the restriction on religious discrimination does not apply to a club that is an auxiliary of a fraternal beneficiary society (discussed later) if that society is described in section 501(c)(8) and exempt from tax under section 501(a) and limits its membership to the members of a particular religion. Powered by jforum tax help free Private benefit prohibited. Powered by jforum tax help free   No part of the organization's net earnings can inure to the benefit of any person having a personal and private interest in the activities of the organization. Powered by jforum tax help free For purposes of this requirement, it is not necessary that net earnings be actually distributed. Powered by jforum tax help free Even undistributed earnings can benefit members. Powered by jforum tax help free Examples of this include a decrease in membership dues or an increase in the services the club provides to its members without a corresponding increase in dues or other fees paid for club support. Powered by jforum tax help free However, fixed-fee payments to members who bring new members into the club are not an inurement of the club's net earnings, if the payments are reasonable compensation for performance of a necessary administrative service. Powered by jforum tax help free Purposes. Powered by jforum tax help free   To show that your organization possesses the characteristics of a club within the meaning of the exemption law, you should submit evidence with your application that personal contact, commingling, and fellowship exist among members. Powered by jforum tax help free You must show that members are bound together by a common objective of pleasure, recreation, and other nonprofitable purposes. Powered by jforum tax help free   Fellowship need not be present between each member and every other member of a club if it is a material part in the life of the organization. Powered by jforum tax help free A statewide or nationwide organization that is made up of individual members, but is divided into local groups, satisfies this requirement if fellowship is a material part of the life of each local group. Powered by jforum tax help free   The term other nonprofitable purposes means other purposes similar to pleasure and recreation. Powered by jforum tax help free For example, a club that, in addition to its social activities, has a plan for the payment of sick and death benefits is not operating exclusively for pleasure, recreation, and other nonprofitable purposes. Powered by jforum tax help free Limited membership. Powered by jforum tax help free   The membership in a social club must be limited. Powered by jforum tax help free To show that your organization has a purpose that would characterize it as a club, you should submit evidence with your application that there are limits on admission to membership consistent with the character of the club. Powered by jforum tax help free   A social club that issues corporate membership is dealing with the general public in the form of the corporation's employees. Powered by jforum tax help free Corporate members of a club are not the kind of members contemplated by the law. Powered by jforum tax help free Gross receipts from these members would be a factor in determining whether the club qualifies as a social club. Powered by jforum tax help free See Gross receipts from nonmembership sources , later. Powered by jforum tax help free Bona fide individual memberships paid for by a corporation would not have an effect on the gross receipts source. Powered by jforum tax help free   The fact that a social club may have an associate (nonvoting) class of membership will not be, in and of itself, a cause for nonrecognition of exemption. Powered by jforum tax help free However, if one membership class pays substantially lower dues and fees than another membership class, although both classes enjoy the same rights and privileges in using the club facilities, there may be an inurement of income to the benefited class, resulting in a denial of the club's exemption. Powered by jforum tax help free Support. Powered by jforum tax help free   In general, your club should be supported solely by membership fees, dues, and assessments. Powered by jforum tax help free However, if otherwise entitled to exemption, your club will not be disqualified because it raises revenue from members through the use of club facilities or in connection with club activities. Powered by jforum tax help free Business activities. Powered by jforum tax help free   If your club will engage in business, such as selling real estate, timber, or other products or services, it generally will be denied exemption. Powered by jforum tax help free However, evidence submitted with your application form that your organization will provide meals, refreshments, or services related to its exempt purposes only to its own members or their dependents or guests will not cause denial of exemption. Powered by jforum tax help free Facilities open to public. Powered by jforum tax help free   Evidence that your club's facilities will be open to the general public (persons other than members or their dependents or guests) may cause denial of exemption. Powered by jforum tax help free This does not mean, however, that any dealing with outsiders will automatically deprive a club of exemption. Powered by jforum tax help free Gross receipts from nonmembership sources. Powered by jforum tax help free   A section 501(c)(7) organization can receive up to 35% of its gross receipts, including investment income, from sources outside of its membership without losing its tax-exempt status. Powered by jforum tax help free Income from nontraditional business activity with members is not exempt function income, and thus is included as income from sources outside of the membership. Powered by jforum tax help free Of the 35% gross receipts listed above, up to 15% of the gross receipts can be derived from the use of the club's facilities or services by the general public. Powered by jforum tax help free If an organization has outside income that is more than these limits, all the facts and circumstances will be taken into account in determining whether the organization qualifies for exempt status. Powered by jforum tax help free Gross receipts. Powered by jforum tax help free   Gross receipts, for this purpose, are receipts from the normal and usual (traditionally conducted) activities of the club. Powered by jforum tax help free These receipts include charges, admissions, membership fees, dues, assessments, investment income, and normal recurring capital gains on investments. Powered by jforum tax help free Receipts do not include initiation fees and capital contributions. Powered by jforum tax help free Unusual amounts of income, such as from the sale of a clubhouse or similar facility, are not included in gross receipts or in figuring the percentage limits. Powered by jforum tax help free Nontraditional activities. Powered by jforum tax help free   Activities conducted by a social club need to further its exempt purposes. Powered by jforum tax help free Traditional business activities are those that further a social club's exempt purposes. Powered by jforum tax help free Nontraditional business activities do not further the exempt purposes of a social club even if conducted solely on a membership basis. Powered by jforum tax help free Nontraditional business activities are prohibited (subject to an insubstantial, trivial, and nonrecurrent test) for businesses conducted with both members and nonmembers. Powered by jforum tax help free Examples of nontraditional business activities include sale of package liquor, take-out food, and long-term room rental. Powered by jforum tax help free Fraternity foundations. Powered by jforum tax help free   If your organization is a foundation formed for the exclusive purpose of acquiring and leasing a chapter house to a local fraternity chapter or sorority chapter maintained at an educational institution and does not engage in any social or recreational activities, it may be a title holding corporation (discussed later under section 501(c)(2) organizations and under section 501(c)(25) organizations) rather than a social club. Powered by jforum tax help free Tax treatment of donations. Powered by jforum tax help free   Donations to exempt social and recreation clubs are not deductible as charitable contributions on the donor's federal income tax return. Powered by jforum tax help free 501(c)(8) and 501(c)(10) - Fraternal Beneficiary Societies and Domestic Fraternal Societies This section describes the information to be provided upon application for recognition of exemption by two types of fraternal societies: beneficiary and domestic. Powered by jforum tax help free The major distinction is that fraternal beneficiary societies provide for the payment of life, sick, accident, or other benefits to their members or their dependents, while domestic fraternal societies do not provide these benefits but rather devote their earnings to fraternal, religious, charitable, etc. Powered by jforum tax help free , purposes. Powered by jforum tax help free The procedures to follow in applying for recognition of exemption are described in chapter 1. Powered by jforum tax help free If your organization is controlled by a central organization, you should check with your controlling organization to determine whether your unit has been included in a group exemption letter or can be added. Powered by jforum tax help free If so, your organization need not apply for individual recognition of exemption. Powered by jforum tax help free For more information, see Group Exemption Letter in chapter 1 of this publication. Powered by jforum tax help free Tax treatment of donations. Powered by jforum tax help free   Donations by an individual to a domestic fraternal beneficiary society or a domestic fraternal society operating under the lodge system are deductible as charitable contributions only if used exclusively for religious, charitable, scientific, literary, or educational purposes or for the prevention of cruelty to children or animals. Powered by jforum tax help free Fraternal Beneficiary Societies (501(c)(8)) A fraternal beneficiary society, order, or association must file an application for recognition of exemption from federal income tax on Form 1024. Powered by jforum tax help free The application and accompanying statements should establish that the organization: Is a fraternal organization, Operates under the lodge system or for the exclusive benefit of the members of a fraternal organization itself operating under the lodge system, and Provides for the payment of life, sick, accident, or other benefits to the members of the society, order, or association or their dependents. Powered by jforum tax help free Lodge system. Powered by jforum tax help free   Operating under the lodge system means carrying on activities under a form of organization that comprises local branches, chartered by a parent organization and largely self-governing, called lodges, chapters, or the like. Powered by jforum tax help free Payment of benefits. Powered by jforum tax help free   It is not essential that every member be covered by the society's program of sick, accident, or death benefits. Powered by jforum tax help free An organization can qualify for exemption if most of its members are eligible for benefits, and the benefits are paid from contributions or dues paid by those members. Powered by jforum tax help free   The benefits must be limited to members and their dependents. Powered by jforum tax help free If members will have the ability to confer benefits to other than themselves and their dependents, exemption will not be recognized. Powered by jforum tax help free Whole-life insurance. Powered by jforum tax help free   Whole-life insurance constitutes a life benefit under section 501(c)(8) even though the policy may contain investment features such as a cash surrender value or a policy loan. Powered by jforum tax help free Reinsurance pool. Powered by jforum tax help free   Payments by a fraternal beneficiary society into a state-sponsored reinsurance pool that protects participating insurers against excessive losses on major medical health and accident insurance will not preclude exemption as a fraternal beneficiary society. Powered by jforum tax help free Domestic Fraternal Societies (501(c)(10)) A domestic fraternal society, order, or association must file an application for recognition of exemption from federal income tax on Form 1024. Powered by jforum tax help free The application and accompanying statements should establish that the organization: Is a domestic fraternal organization organized in the U. Powered by jforum tax help free S. Powered by jforum tax help free , Operates under the lodge system, Devotes its net earnings exclusively to religious, charitable, scientific, literary, educational, and fraternal purposes, and Does not provide for the payment of life, sick, accident, or other benefits to its members. Powered by jforum tax help free The organization can arrange with insurance companies to provide optional insurance to its members without jeopardizing its exempt status. Powered by jforum tax help free 501(c)(4), 501(c)(9), and 501(c)(17) - Employees' Associations This section describes the information to be provided upon application for recognition of exemption by the following types of employees' associations: A voluntary employees' beneficiary association (including federal employees' associations) organized to pay life, sick, accident, and similar benefits to members or their dependents, or designated beneficiaries, if no part of the net earnings of the association inures to the benefit of any private shareholder or individual, and A supplemental unemployment benefit trust whose primary purpose is providing for payment of supplemental unemployment benefits. Powered by jforum tax help free Both the application form to file and the information to provide are discussed later under the section that describes your employee association. Powered by jforum tax help free Chapter 1 describes the procedures to follow in applying for exemption. Powered by jforum tax help free Tax treatment of donations. Powered by jforum tax help free   Donations to these organizations are not deductible as charitable contributions on the donor's federal income tax return. Powered by jforum tax help free Local Employees' Associations (501(c)(4)) A local association of employees whose membership is limited to employees of a designated person or persons in a particular municipality, and whose income will be devoted exclusively to charitable, educational, or recreational purposes. Powered by jforum tax help free A local employees' association must apply for recognition of exemption by filing Form 1024. Powered by jforum tax help free The organization must submit evidence that: It is of a purely local character, Its membership is limited to employees of a designated person or persons in a particular locality, and Its net earnings will be devoted exclusively to charitable, educational, or recreational purposes. Powered by jforum tax help free A local association of employees that has established a system of paying retirement or death benefits, or both, to its members will not qualify for exemption since the payment of these benefits is not considered as being for charitable, educational, or recreational purposes. Powered by jforum tax help free Similarly, a local association of employees that is operated primarily as a cooperative buying service for its members in order to obtain discount prices on merchandise, services, and activities does not qualify for exemption. Powered by jforum tax help free Voluntary Employees' Beneficiary Associations (501(c)(9)) An application for recognition of exemption as a voluntary employees' beneficiary association must be filed on Form 1024. Powered by jforum tax help free The material submitted with the application must show that your organization: Is a voluntary association of employees, Will provide for payment of life, sick, accident, or other benefits to members or their dependents or designated beneficiaries and substantially all of its operations are for this purpose, and Will not allow any of its net earnings to inure to the benefit of any private individual or shareholder except in the form of scheduled benefit payments. Powered by jforum tax help free To be complete, an application must include a copy of the document (such as the trust instrument) by which the organization was created; a full description of the benefits available to participants and the terms and conditions of eligibility for benefits (usually contained in a plan document); and, if providing benefits pursuant to a collective bargaining agreement, a copy of that agreement. Powered by jforum tax help free Note. Powered by jforum tax help free Under section 4976, the reversion of funds from a section 501(c)(9) organization to the employer who created the beneficiary association may subject the employer to a 100% penalty excise tax on the amount of the reversion. Powered by jforum tax help free Notice requirement. Powered by jforum tax help free   An organization will not be considered tax exempt under this section unless the organization gives notice to the IRS that it is applying for recognition of exempt status. Powered by jforum tax help free The organization gives notice by filing Form 1024. Powered by jforum tax help free If the notice is not given by 15 months after the end of the month in which the organization was created, the organization will not be exempt for any period before notice is given. Powered by jforum tax help free An extension of time for filing the notice can be granted under the same procedures as those described for section 501(c)(3) organizations in chapter 3 under Application for Recognition of Exemption . Powered by jforum tax help free Membership. Powered by jforum tax help free   Membership of a section 501(c)(9) organization must consist of individuals who are employees and have an employment-related common bond. Powered by jforum tax help free This common bond can be a common employer (or affiliated employers), coverage under one or more collective bargaining agreements, membership in a labor union, or membership in one or more locals of a national or international labor union. Powered by jforum tax help free   The membership of an association can include some individuals who are not employees, provided they have an employment-related bond with the employee-members. Powered by jforum tax help free For example, the owner of a business whose employees are members of the association can be a member. Powered by jforum tax help free An association will be considered composed of employees if 90% of its total membership on one day of each quarter of its tax year consists of employees. Powered by jforum tax help free Employees. Powered by jforum tax help free   Employees include individuals who became entitled to membership because they are or were employees. Powered by jforum tax help free For example, an individual will qualify as an employee even though the individual is on a leave of absence or has been terminated due to retirement, disability, or layoff. Powered by jforum tax help free   Generally, membership is voluntary if an affirmative act is required on the part of an employee to become a member. Powered by jforum tax help free Conversely, membership is involuntary if the designation as a member is due to employee status. Powered by jforum tax help free However, an association will be considered voluntary if employees are required to be members of the organization as a condition of their employment and they do not incur a detriment (such as a payroll deduction) as a result of their membership. Powered by jforum tax help free An employer has not imposed involuntary membership on the employee if membership is required as the result of a collective bargaining agreement or as an incident of membership in a labor organization. Powered by jforum tax help free Payment of benefits. Powered by jforum tax help free   The information submitted with your application must show that your organization will pay life, sick, accident, supplemental unemployment, or other similar benefits. Powered by jforum tax help free The benefits can be provided directly by your association or indirectly by your association through the payments of premiums to an insurance company (or fees to a medical clinic). Powered by jforum tax help free Benefits can be in the form of medical, clinical, or hospital services, transportation furnished for medical care, or money payments. Powered by jforum tax help free Nondiscrimination requirements. Powered by jforum tax help free   An organization that is part of a plan will not be exempt unless the plan meets certain nondiscrimination requirements. Powered by jforum tax help free However, if the organization is part of a plan that is a collective bargaining agreement that was the subject of good faith bargaining between employee organizations and employers, the plan need not meet these requirements for the organization to qualify as tax exempt. Powered by jforum tax help free   A plan meets the nondiscrimination requirements only if both of the following statements are true. Powered by jforum tax help free Each class of benefits under the plan is provided under a classification of employees that is set forth in the plan and does not discriminate in favor of employees who are highly compensated individuals. Powered by jforum tax help free The benefits provided under each class of benefits do not discriminate in favor of highly compensated individuals. Powered by jforum tax help free A life insurance, disability, severance pay, or supplemental unemployment compensation benefit does not discriminate in favor of highly compensated individuals merely because the benefits available bear a uniform relationship to the total compensation, or the basic or regular rate of compensation, of employees covered by the plan. Powered by jforum tax help free   For purposes of determining whether a plan meets the nondiscrimination requirements, the employer can elect to exclude all disability or severance payments payable to individuals who are in pay status as of January 1, 1985. Powered by jforum tax help free This will not apply to any increase in such payment by any plan amendment adopted after June 22, 1984. Powered by jforum tax help free   If a plan provides a benefit for which there is a nondiscrimination provision provided under Chapter 1 of the Internal Revenue Code as a condition of that benefit being excluded from gross income, these nondiscrimination requirements do not apply. Powered by jforum tax help free The benefit will be considered nondiscriminatory only if it meets the nondiscrimination provision of the applicable Code section. Powered by jforum tax help free For example, benefits provided under a medical reimbursement plan would meet the nondiscrimination requirements for an association, if the benefits meet the nondiscrimination requirements of section 105(h)(3) and 105(h)(4). Powered by jforum tax help free Excluded employees. Powered by jforum tax help free   Certain employees who are not covered by a plan can be excluded from consideration in applying these requirements. Powered by jforum tax help free These include employees: Who have not completed 3 years of service, Who have not attained age 21, Who are seasonal or less than half-time employees, Who are not in the plan and who are included in a unit of employees covered by a collective bargaining agreement if the class of benefits involved was the subject of good faith bargaining, or Who are nonresident aliens and who receive no earned income from the employer that has United States source income. Powered by jforum tax help free Highly compensated individual. Powered by jforum tax help free   A highly compensated individual is one who: Owned 5 percent or more of the employer at any time during the current year or the preceding year, Received more than $115,000 in compensation from the employer for the preceding year (the amount is annualized for inflation. Powered by jforum tax help free Go to IRS. Powered by jforum tax help free gov, and search “Pension Plan Limitation” for the year), and Was among the top 20% of employees by compensation for the preceding year. Powered by jforum tax help free However, the employer can choose not to have (3) apply. Powered by jforum tax help free Aggregation rules. Powered by jforum tax help free   The employer can choose to treat two or more plans as one plan for purposes of meeting the nondiscrimination requirements. Powered by jforum tax help free Employees of controlled groups of corporations, trades, or businesses under common control, or members of an affiliated service group, are treated as employees of a single employer. Powered by jforum tax help free Leased employees are treated as employees of the recipient. Powered by jforum tax help free One employee. Powered by jforum tax help free   A trust created to provide benefits to one employee will not qualify as a voluntary employees' beneficiary association under section 501(c)(9). Powered by jforum tax help free Supplemental Unemployment Benefit Trusts (501(c)(17)) A trust or trusts forming part of a written plan (established and maintained by an employer, his or her employees, or both) providing solely for the payment of supplemental unemployment compensation benefits must file the application for recognition of exemption on Form 1024. Powered by jforum tax help free The trust must be a valid, existing trust under local law and must be evidenced by an executed document. Powered by jforum tax help free A conformed copy of the plan of which the trust is a part should be attached to the application. Powered by jforum tax help free To be complete, an application must include a copy of the document (such as the trust instrument) by which the organization was created; a full description of the benefits available to participants and the terms and conditions of eligibility for benefits (usually contained in a plan document); and, if providing benefits pursuant to a collective bargaining agreement, a copy of that agreement. Powered by jforum tax help free Note. Powered by jforum tax help free Under section 4976, the reversion of funds from a section 501(c)(17) organization to the employer who created the supplemental unemployment benefit trust may subject the employer to a 100% penalty excise tax on the amount of the reversion. Powered by jforum tax help free Notice requirement. Powered by jforum tax help free   An organization will not be considered tax exempt under this section unless the organization gives notice to the IRS that it is applying for recognition of exempt status. Powered by jforum tax help free The organization gives notice by filing Form 1024. Powered by jforum tax help free If the notice is not given by 15 months after the end of the month in which the organization was created, the organization will not be exempt for any period before such notice is given. Powered by jforum tax help free An extension of time for filing the notice is granted under the same procedures as those described for section 501(c)(3) organizations in chapter 3 under Application for Recognition of Exemption . Powered by jforum tax help free Types of payments. Powered by jforum tax help free   You must show that the supplemental unemployment compensation benefits will be benefits paid to an employee because of the employee's involuntary separation from employment (whether or not the separation is temporary) resulting directly from a reduction-in-force, discontinuance of a plant or operation, or other similar conditions. Powered by jforum tax help free In addition, sickness and accident benefits (but not vacation, retirement, or death benefits) may be included in the plan if these are subordinate to the unemployment compensation benefits. Powered by jforum tax help free Diversion of funds. Powered by jforum tax help free   It must be impossible under the plan (at any time before the satisfaction of all liabilities with respect to employees under the plan) to use or to divert any of the corpus or income of the trust to any purpose other than the payment of supplemental unemployment compensation benefits (or sickness or accident benefits to the extent just explained). Powered by jforum tax help free Discrimination in benefits. Powered by jforum tax help free   Neither the terms of the plan nor the actual payment of benefits can be discriminatory in favor of the company's officers, stockholders, supervisors, or highly paid employees. Powered by jforum tax help free However, a plan is not discriminatory merely because benefits bear a uniform relationship to compensation or the rate of compensation. Powered by jforum tax help free Prohibited transactions and exemption. Powered by jforum tax help free   If your organization is a supplemental unemployment benefit trust and has received a denial of exemption because it engaged in a prohibited transaction, as defined by section 503(b), it can file a claim for exemption in any tax year following the tax year in which the notice of denial was issued. Powered by jforum tax help free It must file the claim on Form 1024. Powered by jforum tax help free The organization must include a written declaration that it will not knowingly again engage in a prohibited transaction. Powered by jforum tax help free An authorized principal officer of your organization must make this declaration under the penalties of perjury. Powered by jforum tax help free   If your organization has satisfied all requirements as a supplemental unemployment benefit trust described in section 501(c)(17), it will be notified in writing that it has been recognized as exempt. Powered by jforum tax help free However, the organization will be exempt only for those tax years after the tax year in which the claim for exemption (Form 1024) is filed. Powered by jforum tax help free Tax year in this case means the established annual accounting period of the organization or, if the organization has not established an annual accounting period, the calendar year. Powered by jforum tax help free For more information about the requirements for reestablishing an exemption previously denied, contact the IRS. Powered by jforum tax help free 501(c)(12) - Local Benevolent Life Insurance Associations, Mutual Irrigation and Telephone Companies, and Like Organizations Each of the following organizations apply for recognition of exemption from federal income tax by filing Form 1024. Powered by jforum tax help free Benevolent life insurance associations of a purely local character and like organizations. Powered by jforum tax help free Mutual ditch or irrigation companies and like organizations. Powered by jforum tax help free Mutual or cooperative telephone companies and like organizations. Powered by jforum tax help free A like organization is an organization that performs a service comparable to that performed by any one of the above organizations. Powered by jforum tax help free The information to be provided upon application by each of these organizations is described in this section. Powered by jforum tax help free For information as to the procedures to follow in applying for exemption, see chapter 1. Powered by jforum tax help free General requirements. Powered by jforum tax help free   These organizations must use their income solely to cover losses and expenses, with any excess being returned to members or retained to cover future losses and expenses. Powered by jforum tax help free They must collect at least 85% of their income from members for the sole purpose of meeting losses and expenses. Powered by jforum tax help free Mutual character. Powered by jforum tax help free   These organizations, other than benevolent life insurance associations, must be organized and operated on a mutual or cooperative basis. Powered by jforum tax help free They are associations of persons or organizations, or both, banded together to provide themselves a mutually desirable service approximately at cost and on a mutual basis. Powered by jforum tax help free To maintain the mutual characteristic of democratic ownership and control, they must be so organized and operated that their members have the right to choose the management, to receive services at cost, to receive a return of any excess of payments over losses and expenses, and to share in any assets upon dissolution. Powered by jforum tax help free   The rights and interests of members in the annual savings of the organization must be determined in proportion to their business with the organization. Powered by jforum tax help free Upon dissolution, gains from the sale of appreciated assets must be distributed to all persons who were members during the period the assets were owned by the organization in proportion to the amount of business done during that period. Powered by jforum tax help free The bylaws must not provide for forfeiture of a member's rights and interest upon withdrawal or termination. Powered by jforum tax help free Membership. Powered by jforum tax help free   Membership of a mutual organization consists of those who join the organization to obtain its services, and have a voice in its management. Powered by jforum tax help free In a stock company, the stockholders are members. Powered by jforum tax help free However, a mutual life insurance organization cannot have policyholders other than its members. Powered by jforum tax help free Losses and expenses. Powered by jforum tax help free   In furnishing services substantially at cost, an organization must use its income solely for paying losses and expenses. Powered by jforum tax help free Any excess income not retained in reasonable reserves for future losses and expenses belongs to members in proportion to their patronage or business done with the organization. Powered by jforum tax help free If such patronage refunds are retained in reasonable amounts for purposes of expanding and improving facilities, retiring capital indebtedness, acquiring other assets, and unexpected expenses, the organization must maintain records sufficient to reflect the equity of each member in the assets acquired with the funds. Powered by jforum tax help free Distributions of proceeds. Powered by jforum tax help free   The cooperative may distribute the unexpended balance of collections or assessments remaining on hand at the end of the year to members or patrons prorated on the basis of their patronage or business done with the cooperative. Powered by jforum tax help free Such distribution represents a refund in the costs of services rendered to the member. Powered by jforum tax help free The 85% Requirement All of the organizations listed above must submit evidence with their application that they receive 85% or more of their gross income from their members for the sole purpose of meeting losses and expenses. Powered by jforum tax help free Nevertheless, certain items of income are excluded from the computation of the 85% requirement if the organization is a mutual or cooperative telephone or electric company. Powered by jforum tax help free Mutual or cooperative telephone company. Powered by jforum tax help free   A mutual or cooperative telephone company will exclude from the computation of the 85% requirement any income received or accrued from: A nonmember telephone company for the performance of communication services involving the completion of long distance calls to, from, or between members of the mutual or cooperative telephone company, Qualified pole rentals, The sale of display listings in a directory furnished to its members, or The prepayment of a loan created in 1987, 1988, or 1989, under section 306A, 306B, or 311 of the Rural Electrification Act of 1936. Powered by jforum tax help free Mutual or cooperative electric company. Powered by jforum tax help free   A mutual or cooperative electric company will exclude from the computation of the 85% requirement any income received or accrued from: Qualified pole rentals, Any provision or sale of electric energy transmission services or ancillary service if the services are provided on a nondiscriminatory open access basis under an open access transmission tariff approved or accepted by the Federal Energy Regulatory Commission (FERC) or under an independent transmission provider agreement approved or accepted by FERC (other than income received or accrued directly or indirectly from a member), The provision or sale of electric energy distribution services or ancillary services if the services are provided on a nondiscriminatory open-access basis to distribute electric energy not owned by the mutual or electric cooperative company: To end-users who are served by distribution facilities not owned by the company or any of its members (other than income received or accrued directly or indirectly from a member), or Generated by a generation facility not owned or leased by the company or any of its members and which is directly connected to distribution facilities owned by the company or any of its members (other than income received or accrued directly or indirectly from a member), Any nuclear decommissioning transaction, or Any asset exchange or conversion transaction. Powered by jforum tax help free   An electric cooperative's sale of excess fuel at cost in the year of purchase is not income for purposes of determining compliance with the 85% requirement. Powered by jforum tax help free Qualified pole rental. Powered by jforum tax help free   The term qualified pole rental means any rental of a pole (or other structure used to support wires) if the pole (or other structure) is used: By the telephone or electric company to support one or more wires that are used by the company in providing telephone or electric services to its members, and Pursuant to the rental to support one or more wires (in addition to wires described in (1)) for use in connection with the transmission by wire of electricity or of telephone or other communications. Powered by jforum tax help free   The term rental, for this purpose, includes any sale of the right to use the pole (or other structure). Powered by jforum tax help free The 85% requirement is applied on the basis of an annual accounting period. Powered by jforum tax help free Failure of an organization to meet the requirement in a particular year precludes exemption for that year, but has no effect upon exemption for years in which the 85% requirement is met. Powered by jforum tax help free Gain from the sale or conversion of the organization's property is not considered an amount received from members in determining whether the organization's income consists of amounts collected from members. Powered by jforum tax help free Because the 85% income test is based on gross income, capital losses cannot be used to reduce capital gains for purposes of this test. Powered by jforum tax help free Example. Powered by jforum tax help free   The books of an organization reflect the following for the calendar year. Powered by jforum tax help free Collections from members $2,400 Short-term capital gains 600 Short-term capital losses 400 Other income None Gross income ($2,400 + $600 =$3000) 100% Collected from members ($2,400) 80%   Since amounts collected from members do not constitute at least 85% of gross income, the organization is not entitled to exemption from federal income tax for the year. Powered by jforum tax help free   Voluntary contributions in the nature of gifts are not taken into account for purposes of the 85% computation. Powered by jforum tax help free   Other tax-exempt income besides gifts is considered as income received from other than members in applying the 85% test. Powered by jforum tax help free   If the 85% test is not met, your organization, if classifiable under this section, will not qualify for exemption as any other type of organization described in this publication. Powered by jforum tax help free Tax treatment of donations. Powered by jforum tax help free   Donations to an organization described in this section are not deductible as charitable contributions on the donor's federal income tax return. Powered by jforum tax help free Local Life Insurance Associations A benevolent life insurance association or an organization seeking recognition of exemption on grounds of similarity to a benevolent life insurance association must submit evidence upon applying for recognition of exemption that it will be of a purely local character, that its excess funds will be refunded to members or retained in reasonable reserves to meet future losses and expenses, and that it meets the 85% income requirement. Powered by jforum tax help free If an organization issues policies for stipulated cash premiums, or if it requires advance deposits to cover the cost of the insurance and maintains investments from which more than 15% of its income is derived, it will not be entitled to exemption. Powered by jforum tax help free To establish that your organization is of a purely local character, it should show that its activities will be confined to a particular community, place, or district irrespective of political subdivisions. Powered by jforum tax help free If the activities of an organization are limited only by the borders of a state, it cannot be purely local in character. Powered by jforum tax help free A benevolent life insurance association that does not terminate membership when a member moves from the local area in which the association operates will qualify for exemption if it meets the other requirements. Powered by jforum tax help free A copy of each type of policy issued by your organization should be included with the application for recognition of exemption. Powered by jforum tax help free Organizations similar to local benevolent life insurance companies. Powered by jforum tax help free   These organizations include those that in addition to paying death benefits also provide for the payment of sick, accident, or health benefits. Powered by jforum tax help free However, an organization that pays only sick, accident, or health benefits, but not life insurance benefits, is not an organization similar to a benevolent life insurance association and should not apply for recognition of exemption as described in this section. Powered by jforum tax help free Burial and funeral benefit insurance organization. Powered by jforum tax help free   This type of organization can apply for recognition of exemption as an organization similar to a benevolent life insurance company if it establishes that the benefits are paid in cash and if it is not engaged directly in the manufacture of funeral supplies or the performance of funeral services. Powered by jforum tax help free An organization that provides its benefits in the form of supplies and service is not a life insurance company. Powered by jforum tax help free Such an organization can seek recognition of exemption from federal income tax, however, as a mutual insurance company other than life. Powered by jforum tax help free Mutual or Cooperative Associations Mutual ditch or irrigation companies, mutual or cooperative telephone companies, and like organizations need not establish that they are of a purely local character. Powered by jforum tax help free They can serve noncontiguous areas. Powered by jforum tax help free Like organization. Powered by jforum tax help free   A like organization is a cooperative or mutual organization that performs a service similar to mutual ditch, irrigation, telephone, or electric companies. Powered by jforum tax help free Examples include the following: cooperatives that provide protection of river banks to prevent erosion, water and sewer services, cable television, satellite, television, cellular phone services, two-way radio service, or natural gas services. Powered by jforum tax help free 501(c)(13) - Cemetery Companies If your organization wishes to obtain recognition of exemption from federal income tax as a cemetery company or a corporation chartered solely for the purpose of the disposal of human bodies by burial or cremation, it must file an application on Form 1024. Powered by jforum tax help free For the procedure to follow to file an application, see Application, Approval, and Appeal Procedures in chapter 1. Powered by jforum tax help free A nonprofit mutual cemetery company that seeks recognition of exemption should submit evidence with its application that it is owned and operated exclusively for the benefit of its lot owners who hold lots for bona fide burial purposes and not for purposes of resale. Powered by jforum tax help free A mutual cemetery company that also engages in charitable activities, such as the burial of paupers, will be regarded as operating within this standard. Powered by jforum tax help free The fact that a mutual cemetery company limits its membership to a particular class of individuals, such as members of a family, will not affect its status as mutual so long as all the other requirements of section 501(c)(13) are met. Powered by jforum tax help free If your organization is a nonprofit corporation chartered solely for the purpose of the disposal of human bodies by burial or cremation, you should show that it is not permitted by its charter to engage in any business not necessarily incident to that purpose. Powered by jforum tax help free Operating a mortuary is not permitted. Powered by jforum tax help free However, selling monuments, markers, vaults, and flowers solely for use in the cemetery is permitted if the profits from these sales are used to maintain the cemetery as a whole. Powered by jforum tax help free How income can be used. Powered by jforum tax help free   You should show that your organization's earnings are or will be used only in one or more of the following ways. Powered by jforum tax help free To pay the ordinary and necessary expenses of operating, maintaining, and improving the cemetery or crematorium. Powered by jforum tax help free To buy cemetery property. Powered by jforum tax help free To create a fund that will provide a source of income for the perpetual care of the cemetery or a reasonable reserve for any ordinary or necessary purpose. Powered by jforum tax help free No part of the net earnings of your organization can inure to the benefit of any private shareholder or individual. Powered by jforum tax help free Ordinary and necessary expenses in connection with the operation, management, maintenance, and improvement of the cemetery are permitted, as are reasonable fees for the services of a manager. Powered by jforum tax help free Buying cemetery property. Powered by jforum tax help free   Payments can be made to amortize debt incurred to buy land, but cannot be in the nature of profit distributions. Powered by jforum tax help free You must show the method used to finance the purchase of the cemetery property and that the purchase price of the land at the time of its sale to the cemetery was not unreasonable. Powered by jforum tax help free   Except for holders of preferred stock (discussed later), no person can have any interest in the net earnings of a tax-exempt cemetery company or crematorium. Powered by jforum tax help free Therefore, if property is transferred to the organization in exchange for an interest in the organization's net earnings, the organization will not