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State Income Tax Forms

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State Income Tax Forms

State income tax forms 5. State income tax forms   Salarios, Sueldos y Otros Ingresos Table of Contents Recordatorio Introduction Useful Items - You may want to see: Remuneración del EmpleadoNiñeras. State income tax forms Otras Clases de Remuneración Beneficios Marginales Aportaciones a un Plan de Jubilación Opciones de Compra de Acciones Bienes Restringidos Reglas Especiales para Algunos EmpleadosClero Miembros de Órdenes Religiosas Empleador Extranjero Fuerzas Armadas Voluntarios Beneficios por Enfermedad y LesionesPensiones por Incapacidad Contratos de Seguro de Cuidados a Largo Plazo Compensación del Seguro Obrero Otros Beneficios por Enfermedad y Lesiones Recordatorio Ingresos de fuentes en el extranjero. State income tax forms   Si usted es ciudadano de los Estados Unidos o residente extranjero, tiene que declarar en la declaración de impuestos todo ingreso proveniente de fuentes fuera de los Estados Unidos (ingresos del extranjero) a menos que esté exento conforme a las leyes de los Estados Unidos. State income tax forms Esto corresponde independientemente de si reside dentro o fuera de los Estados Unidos y si ha recibido o no el Formulario W-2, Wage and Tax Statement (Comprobante de salarios e impuestos), en inglés, o el Formulario 1099, también en inglés, de un pagador extranjero. State income tax forms Esto corresponde tanto a ingresos derivados del trabajo (como salarios y propinas) como a ingresos no derivados del trabajo (como intereses, dividendos, ganancias de capital, pensiones, alquileres y regalías). State income tax forms Si reside fuera de los Estados Unidos, es posible que pueda excluir la totalidad o parte de sus ingresos del trabajo provenientes de fuentes extranjeras. State income tax forms Para más información, vea la Publicación 54, Tax Guide for U. State income tax forms S. State income tax forms Citizens and Resident Aliens Abroad (Guía tributaria para ciudadanos y extranjeros residentes de los Estados Unidos que viven en el extranjero), en inglés. State income tax forms Introduction Este capítulo abarca la compensación recibida por servicios prestados como empleado, tales como sueldos, salarios y beneficios marginales. State income tax forms Se incluyen los siguientes temas: Bonificaciones y premios. State income tax forms Reglas especiales para ciertos empleados. State income tax forms Beneficios por enfermedad y lesiones. State income tax forms Este capítulo explica cuáles son los ingresos que se incluyen en los ingresos brutos del empleado y cuáles no se incluyen. State income tax forms Useful Items - You may want to see: Publicación 463 Travel, Entertainment, Gift, and Car Expenses (Gastos de viaje, entretenimiento, obsequios y automóvil), en inglés 525 Taxable and Nontaxable Income (Ingresos tributables y no tributables), en inglés Remuneración del Empleado Esta sección abarca varios tipos de remuneración del empleado incluyendo beneficios marginales, aportaciones a planes de jubilación, opciones para la compra de acciones y propiedad restringida. State income tax forms Formulario W-2. State income tax forms    Si es empleado, debe recibir un Formulario W-2 de su empleador que muestre la remuneración que recibió por sus servicios. State income tax forms Incluya la cantidad de la remuneración en la línea 7 del Formulario 1040 o del Formulario 1040A o en la línea 1 del Formulario 1040EZ, aún si no recibe un Formulario W-2. State income tax forms   Si prestó servicios, en otra calidad que no sea la de contratista independiente, y su empleador no le retuvo del sueldo impuestos del Seguro Social y Medicare, tiene que presentar el Formulario 8919, Uncollected Social Security and Medicare Tax on Wages (Impuestos del Seguro Social y Medicare sobre el salario no retenidos), en inglés, junto con el Formulario 1040. State income tax forms Dicha parte del salario tiene que anotarse en la línea 7 del Formulario 1040. State income tax forms Vea el Formulario 8919 para más información. State income tax forms Proveedores de cuidado de menores. State income tax forms    Si provee cuidado de menores, ya sea en el hogar del menor, en el hogar de usted o en algún otro sitio comercial, la remuneración que usted reciba tiene que ser incluida en sus ingresos. State income tax forms Si no es un empleado, usted probablemente trabaje por cuenta propia y tiene que incluir los pagos por los servicios en el Anexo C (Formulario 1040), Profit or Loss From Business (Ganancias o pérdidas de un negocio), o en el Anexo C-EZ (Formulario 1040), Net Profit From Business (Utilidad neta de un negocio), ambos en inglés. State income tax forms Generalmente, no es empleado a menos que esté sujeto a la voluntad y control de la persona que lo emplea en cuanto a lo que tiene que hacer y cómo lo tiene que hacer. State income tax forms Niñeras. State income tax forms   Si cuida a niños de parientes o vecinos, ya sea con regularidad o sólo ocasionalmente, las reglas para los proveedores del cuidado de menores le corresponden a usted. State income tax forms Otras Clases de Remuneración Esta sección trata de diferentes clases de remuneración del empleado. State income tax forms Comisiones pagadas por adelantado y otros ingresos. State income tax forms   Si recibe comisiones pagadas por adelantado u otras cantidades por servicios que prestará en el futuro y usted es contribuyente que usa el método contable a base de efectivo, tendrá que incluir estas cantidades en el ingreso del año en que las reciba. State income tax forms    Si reintegra comisiones no devengadas u otras cantidades en el mismo año en que las recibe, reste el reintegro de sus ingresos. State income tax forms Si las reintegra en un año tributario posterior, puede deducir el reintegro como una deducción detallada en el Anexo A (Formulario 1040) o quizás pueda reclamar un crédito para ese año. State income tax forms Vea Reintegros en el capítulo 12. State income tax forms Asignaciones y reembolsos. State income tax forms    Si recibe asignaciones o reembolsos de su empleador para cubrir gastos de viaje, transporte u otros gastos relacionados con un negocio, vea la Publicación 463, en inglés. State income tax forms Si se le reembolsan gastos de mudanza, vea la Publicación 521, Moving Expenses (Gastos de mudanza), en inglés. State income tax forms Pago de sueldo atrasado como indemnización. State income tax forms    Incluya en sus ingresos las cantidades que se le otorguen en un convenio o sentencia para pagar sueldos atrasados. State income tax forms Estas cantidades incluyen pagos hechos a usted por daños, primas de seguro de vida no pagadas y primas de seguro de salud no pagadas. State income tax forms Su empleador debe informarle de las mismas en el Formulario W-2. State income tax forms Bonificaciones y premios. State income tax forms   Las bonificaciones o premios que usted reciba por trabajo sobresaliente se incluyen en los ingresos y deben aparecer en su Formulario W-2. State income tax forms Éstos incluyen premios como viajes de vacaciones por alcanzar objetivos de ventas. State income tax forms Si el premio o recompensa que recibe es en mercancía o servicios, tiene que incluir en sus ingresos el valor justo de mercado de los mismos. State income tax forms Sin embargo, si su empleador solamente promete pagarle una bonificación o premio en el futuro, no es tributable hasta que usted lo reciba o esté a su disposición. State income tax forms Premio por logros del empleado. State income tax forms   Si recibe bienes muebles tangibles (que no sean efectivo, un certificado de regalo u otro artículo similar) como premio por años de servicio o por prácticas óptimas de seguridad, por lo general podrá excluir el valor de sus ingresos. State income tax forms Sin embargo, la cantidad que puede excluir se limita a la cantidad del costo para su empleador y no puede ser más de $1,600 ($400 por premios que no sean premios de planes calificados) por todos los premios de esa índole que reciba durante el año. State income tax forms Su empleador le puede decir si su premio pertenece a un plan calificado. State income tax forms Su empleador tiene que entregarle el premio como parte de una ceremonia o presentación notable, bajo condiciones y circunstancias en las cuales no hay una probabilidad considerable de que el mismo sea una remuneración disimulada. State income tax forms   No obstante, la exclusión no corresponde a los siguientes premios: Un premio por años de servicio si usted lo recibió por menos de cinco años de servicio o si recibió otro premio por años de servicio durante el año o durante los cuatro años anteriores. State income tax forms Un premio por prácticas óptimas de seguridad si es gerente, administrador, empleado oficinista u otro empleado profesional, o si más del 10% de los empleados que reúnen los requisitos recibieron premios anteriormente por prácticas óptimas de seguridad durante el año. State income tax forms Ejemplo. State income tax forms Benito Valverde recibió tres premios por logros como empleado durante el año: un premio de un plan no calificado que fue un reloj con un valor de $250 y dos premios de un plan calificado que constan de un aparato estereofónico con un valor de $1,000 y un juego de palos de golf con un valor de $500. State income tax forms Suponiendo que, por lo demás, los requisitos para los premios de planes calificados se han cumplido, cada premio por sí solo estaría excluido de los ingresos. State income tax forms Sin embargo, ya que el valor total de todos los premios es $1,750 y excede de $1,600, Benito tiene que incluir $150 ($1,750 – $1,600) en los ingresos. State income tax forms Pagos de salarios diferenciales. State income tax forms   Los pagos de salarios diferenciales se definen como cualquier pago que le haya hecho un empleador y que corresponda a cualquier período de más de 30 días durante el cual preste servicio activo como miembro de los servicios uniformados. State income tax forms Dichos pagos representan la totalidad, o una parte de, los salarios que hubiera recibido del empleador durante ese período. State income tax forms Se considera que estos pagos son sueldos y están sujetos a la retención del ingreso federal sobre los ingresos. State income tax forms Sin embargo, no están sujetos a los impuestos de la Ley de Contribución al Seguro Social (FICA, por sus siglas en inglés) ni a los impuestos de la Ley Federal de Contribución para el Desempleo (FUTA, por sus siglas en inglés). State income tax forms Los pagos de salarios diferenciales se declaran como salarios en el Formulario W-2. State income tax forms Asignaciones del gobierno por costo de vida. State income tax forms   La mayoría de los pagos que los empleados civiles del gobierno de los Estados Unidos reciben por trabajo en el extranjero es tributable. State income tax forms Sin embargo, ciertas asignaciones por costo de vida son libres de impuestos. State income tax forms La Publicación 516, U. State income tax forms S. State income tax forms Government Civilian Employees Stationed Abroad (Empleados civiles del gobierno de los Estados Unidos con puesto en el extranjero), en inglés, provee una explicación sobre el trato tributario de dichas asignaciones, pagos diferenciales y otra paga especial que usted recibe por trabajar en el extranjero. State income tax forms Planes de compensación diferida no calificados. State income tax forms   Su empleador le informará del total de cantidades diferidas para el año conforme a un plan de compensación diferida no calificado. State income tax forms Esta cantidad aparece en el recuadro 12 del Formulario W-2, con el código Y. State income tax forms Esta cantidad no se incluye en los ingresos. State income tax forms   Sin embargo, si en algún momento del año tributario, el plan no cumple ciertos requisitos, o no se opera conforme a dichos requisitos, todas las cantidades diferidas conforme al plan para ese año tributario y todos los años tributarios anteriores se incluyen en los ingresos del año en curso. State income tax forms Esta cantidad se incluye en el salario, el cual aparece en el recuadro 1 del Formulario W-2. State income tax forms Dicha cantidad se anota también en el recuadro 12 del Formulario W-2, con el código Z. State income tax forms Pagaré recibido por servicios. State income tax forms    Si su empleador le da un pagaré garantizado como pago por sus servicios, tendrá que incluir el valor justo de mercado (usualmente el valor de descuento) del pagaré en los ingresos del año en que lo recibió. State income tax forms Luego, cuando reciba pagos sobre el pagaré, una proporción de cada pago es la recuperación del valor justo de mercado que usted previamente había incluido en los ingresos. State income tax forms No vuelva a incluir esa parte en los ingresos. State income tax forms Incluya el resto del pago en los ingresos del año en que recibió el pago. State income tax forms   Si su empleador le da un pagaré no garantizado y no negociable como pago por sus servicios, los pagos sobre el pagaré que se aplican al capital del mismo se consideran ingresos de remuneración cuando usted los recibe. State income tax forms Indemnización por despido. State income tax forms   Los pagos recibidos por concepto de indemnización por despido y cancelación de contrato laboral tienen que ser incluidos en los ingresos. State income tax forms Pago por vacaciones acumuladas. State income tax forms    Si es empleado federal y recibe un pago global en concepto de vacaciones acumuladas al jubilarse o renunciar, esta cantidad se incluye como salario en el Formulario W-2. State income tax forms   Si renuncia de una agencia federal y es empleado por otra, podría tener que devolver a la segunda agencia parte del pago global por vacaciones anuales acumuladas. State income tax forms Puede reducir el salario bruto restando la cantidad que devolvió en el mismo año tributario en que la recibió. State income tax forms Adjunte a la declaración de impuestos una copia del recibo o estado de cuentas que le dio la agencia a la cual le devolvió dicho pago para explicar la diferencia entre el salario en la declaración y el salario en los Formularios W-2. State income tax forms Servicios de ayuda para obtener otro trabajo. State income tax forms   Si elige aceptar una cantidad reducida en concepto de indemnización por despido para recibir servicios de ayuda para encontrar otro trabajo (como capacitación para escribir su hoja de vida y hacer entrevistas), tendrá que incluir la cantidad no reducida de la indemnización en los ingresos. State income tax forms    No obstante, puede deducir el valor de estos servicios de ayuda para encontrar otro trabajo (hasta la diferencia entre la indemnización por despido incluida en los ingresos y la cantidad que en verdad recibió) como una deducción miscelánea (sujeta al límite del 2% del ingreso bruto ajustado o AGI, por sus siglas en inglés) en el Anexo A (Formulario 1040). State income tax forms Pagos por enfermedad. State income tax forms   Los pagos que reciba de su empleador mientras esté enfermo o lesionado son parte del sueldo o salario. State income tax forms Además, tiene que incluir en los ingresos los beneficios por enfermedad que reciba de cualquiera de los siguientes pagadores: Un fondo de bienestar social. State income tax forms Un fondo estatal para enfermedad o incapacidad. State income tax forms Una asociación de empleadores o empleados. State income tax forms Una compañía de seguros, si su empleador pagó el plan. State income tax forms No obstante, si pagó las primas de una póliza de accidente o de seguro de salud, las prestaciones que reciba conforme a la póliza no están sujetas a impuestos. State income tax forms Para más información, vea la Publicación 525, en inglés. State income tax forms Impuestos del Seguro Social y Medicare pagados por el empleador. State income tax forms   Si usted y su empleador tienen un acuerdo conforme al cual su empleador paga su impuesto del Seguro Social y Medicare sin deducirlos de su salario bruto, tendrá que declarar la cantidad de impuestos que se pagó por usted como salario sujeto a impuestos en la declaración. State income tax forms El pago también se considera salario para calcular los impuestos y beneficios del Seguro Social y Medicare. State income tax forms No obstante, estos pagos no se consideran salario del Seguro Social y Medicare si usted es trabajador doméstico o trabajador agrícola. State income tax forms Derechos de revalorización de acciones. State income tax forms   No incluya un derecho de revalorización de acciones que le haya provisto su empleador en los ingresos hasta que ejerza (haga uso de) ese derecho. State income tax forms Cuando ejerza ese derecho, tiene derecho a un pago en efectivo equivalente al valor justo de mercado de las acciones de la sociedad anónima en la fecha en que ejerció su derecho menos el valor justo de mercado de las acciones en la fecha en que se le otorgó el derecho. State income tax forms Incluya el pago en efectivo en los ingresos del año en que ejerza su derecho. State income tax forms Beneficios Marginales Los beneficios marginales que reciba relacionados con el desempeño de sus servicios se incluyen en los ingresos como remuneración a menos que pague su valor justo de mercado o estén específicamente excluidos por ley. State income tax forms Abstenerse de prestar servicios (por ejemplo, conforme a un convenio de no competencia) se considera desempeño de sus servicios para los propósitos de estas reglas. State income tax forms Período contable. State income tax forms   Tiene que usar el mismo período contable que su empleador para declarar los beneficios marginales sujetos a impuestos que no sean en efectivo. State income tax forms Su empleador tiene la opción de declarar los beneficios marginales sujetos a impuestos que no sean en efectivo usando cualquiera de las dos reglas siguientes: Regla general: los beneficios se declaran para un año natural (1 de enero – 31 de diciembre). State income tax forms Regla especial del período contable: los beneficios provistos durante los 2 últimos meses del año natural (o de cualquier período más corto) son tratados como si hubiesen sido pagados durante el siguiente año natural. State income tax forms Por ejemplo, cada año su empleador declara el valor de los beneficios provistos durante los últimos 2 meses del año anterior y los primeros 10 meses del año en curso. State income tax forms  Su empleador no tiene que usar el mismo período contable para cada beneficio marginal, pero tiene que usar el mismo período para todos los empleados que reciban un beneficio particular. State income tax forms   Si desea declarar una deducción por gastos de negocio como empleado (en el caso del uso de un auto, por ejemplo), tiene que usar el mismo período contable que use para declarar el beneficio. State income tax forms Formulario W-2. State income tax forms   Su empleador tiene que incluir todos los beneficios marginales en la casilla 1 del Formulario W-2 como salarios, propinas y otra remuneración; y si corresponde, en las casillas 3 y 5 como salarios sujetos a los impuestos al Seguro Social y al Medicare. State income tax forms Aunque no se requiere, su empleador podría incluir el valor total de los beneficios marginales en la casilla 14 (o en un estado por separado). State income tax forms Sin embargo, si su empleador le proveyó a usted un vehículo e incluyó el 100% de su valor de alquiler anual en los ingresos de usted, dicho empleador tiene que declararle este valor a usted por separado en la casilla 14 (o en un estado por separado). State income tax forms Plan de Accidente o de Salud Generalmente, el valor de la cobertura de un seguro de accidente o de salud provisto por su empleador no se incluye en los ingresos. State income tax forms Los beneficios que reciba del plan pueden estar sujetos a impuestos, como se explica más adelante en la sección titulada Beneficios por Enfermedad y Lesiones . State income tax forms Para más información sobre los asuntos tratados en esta sección, salvo la cobertura para cuidados a largo plazo, vea la Publicación 969, Health Savings Accounts and Other Tax-Favored Health Plans (Cuentas de ahorros para gastos médicos y otros planes para gastos médicos con beneficios tributarios), en inglés. State income tax forms Cobertura para cuidados a largo plazo. State income tax forms    Las aportaciones de su empleador para cubrir servicios de cuidados a largo plazo generalmente no se incluyen en los ingresos. State income tax forms Sin embargo, las aportaciones hechas a una cuenta flexible de gastos médicos u otro plan similar (como un cafeteria plan (plan flexible de beneficios)) tienen que incluirse en los ingresos. State income tax forms Esta cantidad se informa como salario en el recuadro 1 del Formulario W-2. State income tax forms   Las aportaciones a este tipo de plan se explican en la Publicación 502, Medical and Dental Expenses (Gastos médicos y dentales), en inglés. State income tax forms Aportaciones a una cuenta de ahorros médicos Archer (conocida como Archer MSA, en inglés). State income tax forms    Las aportaciones hechas por su empleador a una cuenta de ahorros médicos Archer por lo general no se incluyen en los ingresos. State income tax forms El total se declara en el recuadro 12 del Formulario W-2 con el código R. State income tax forms Tiene que declarar esta cantidad en el Formulario 8853, Archer MSAs and Long-Term Care Insurance Contracts (Cuentas Archer MSA de ahorros médicos y contratos de seguros de cuidado a largo plazo), en inglés. State income tax forms Adjunte el formulario a la declaración de impuestos. State income tax forms Cuenta flexible de ahorros para gastos médicos (conocida como Health FSA, en inglés). State income tax forms   Si su empleador provee una cuenta flexible de ahorros para gastos médicos que reúna los requisitos como seguro de accidente o de salud, la cantidad de la reducción de su salario y los reembolsos de sus gastos por cuidados médicos generalmente no se incluyen en los ingresos. State income tax forms Nota: Para los años de planes que comienzan después de 2012, las cuentas flexibles de ahorros están sujetas a un límite de $2,500 de aportaciones realizadas por medio de reducción en su salario. State income tax forms Este límite de $2,500 está sujeto a ajuste por inflación para los años de planes que comienzan después de 2013. State income tax forms Si desea más información, vea el Notice 2012-40 (Aviso 2012-40), que se encuentra en la página 1046 del Internal Revenue Bulletin 2012-26 (Boletín de Impuestos Internos 2012-26), disponible en inglés, en www. State income tax forms irs. State income tax forms gov/irb/2012-26_IRB/ar09. State income tax forms html. State income tax forms Cuenta de reembolso de gastos médicos (HRA, por sus siglas en inglés). State income tax forms   Si su empleador provee una cuenta de reembolso de gastos médicos (HRA) que reúna los requisitos como un seguro de accidente o de salud, la cobertura y reembolsos de sus gastos por cuidados médicos por lo general no se incluyen en los ingresos. State income tax forms Cuenta de ahorros para gastos médicos (HSA, por sus siglas en inglés). State income tax forms   Si reúne los requisitos, usted y cualquier otra persona, incluyendo su empleador o un miembro de su familia, pueden hacer aportaciones a la cuenta HSA (de usted). State income tax forms Las aportaciones, excepto las del empleador, se pueden deducir en la declaración independientemente de si detalla o no las deducciones. State income tax forms Las aportaciones hechas por su empleador no se incluyen en los ingresos. State income tax forms El dinero retirado de la cuenta HSA que se utilice para pagar gastos médicos calificados no se incluye en los ingresos. State income tax forms Las distribuciones de la cuenta que no se utilicen para gastos médicos se incluyen en los ingresos. State income tax forms Vea la Publicación 969, en inglés, para los requisitos correspondientes a una cuenta HSA. State income tax forms   Las aportaciones hechas por una sociedad colectiva a la cuenta HSA de un socio bona fide no corresponden a aportaciones hechas por un empleador. State income tax forms Estas aportaciones se consideran distribuciones de dinero de la cuenta y no se incluyen en el ingreso bruto de dicho socio. State income tax forms Las aportaciones hechas por una sociedad colectiva a la cuenta HSA de un socio por servicios prestados se tratan como pagos garantizados que se pueden incluir en el ingreso bruto del socio. State income tax forms En ambos casos, el socio puede deducir las aportaciones hechas a su cuenta HSA. State income tax forms   Las aportaciones hechas por una sociedad anónima de tipo S a la cuenta HSA de un empleado-accionista del 2% por servicios prestados se tratan como pagos garantizados y se incluyen en el ingreso bruto del empleado-accionista. State income tax forms El empleado-accionista puede deducir la aportación hecha a su cuenta HSA. State income tax forms Distribución de fondos calificada a una cuenta de ahorros para gastos médicos (HSA). State income tax forms   Se puede realizar una sola distribución de un arreglo de ahorros para la jubilación (IRA) a una cuenta HSA y normalmente no se incluye ninguna parte de dicha distribución en los ingresos. State income tax forms Consulte la Publicación 590 para ver los requisitos correspondientes a estas distribuciones de fondos calificadas a una cuenta HSA. State income tax forms Falta de cumplimiento con los requisitos. State income tax forms   Si su cuenta de ahorros para gastos médicos (HSA) recibió distribuciones calificadas (para cuentas HSA) de una cuenta flexible para gastos médicos (Health FSA) o de un plan de reembolso de gastos médicos (HRA) (temas tratados anteriormente) o de una distribución de fondos calificada para una cuenta HSA, usted tiene que reunir los requisitos para fines de una cuenta HSA en el período desde el mes en el que se haya realizado la distribución calificada hasta el último día del duodécimo mes siguiente a dicho mes. State income tax forms Si no reúne los requisitos durante este período y esto no se debe a fallecimiento o incapacidad, tiene que incluir la distribución en los ingresos del año tributario en el que deje de reunir los requisitos. State income tax forms Dichos ingresos están sujetos a un impuesto adicional del 10%. State income tax forms Ayuda para Adopción Es posible que pueda excluir de los ingresos cantidades pagadas o gastos incurridos por su empleador por gastos calificados de adopción relacionados con la adopción de un hijo que reúna los requisitos. State income tax forms Vea las instrucciones para el Formulario 8839, Qualified Adoption Expenses (Gastos de adopción calificados), en inglés, para más información. State income tax forms Los beneficios por adopción los declara el empleador en el recuadro 12 del Formulario W-2 con el código T. State income tax forms También se incluyen como remuneración del Seguro Social y Medicare en los recuadros 3 y 5. State income tax forms Sin embargo, no se incluyen como salario en el recuadro 1. State income tax forms Para determinar las cantidades sujetas a impuestos y las que no lo están, tiene que llenar la Parte III del Formulario 8839, en inglés. State income tax forms Adjunte el formulario a su declaración de impuestos. State income tax forms Beneficios De Minimis (Mínimos) Si su empleador le provee un producto o servicio y el costo del mismo es tan pequeño que no sería razonable para el empleador declararlo, el valor no se incluye en los ingresos. State income tax forms Generalmente, el valor de los beneficios como descuentos en las cafeterías de la compañía, el costo de transporte por taxi para regresar a su casa cuando trabaje horas extra y comidas patrocinadas por la compañía no se incluyen en los ingresos. State income tax forms Obsequios por fiestas. State income tax forms   Si su empleador le obsequia un pavo, jamón u otro artículo de valor nominal por Navidad u otras fiestas, no incluya el valor del obsequio en los ingresos. State income tax forms Sin embargo, si su empleador le obsequia dinero en efectivo, un certificado de regalo o un artículo similar que usted fácilmente puede canjear por efectivo, incluya el valor de ese obsequio como salario o sueldo adicional sea cual sea la cantidad en cuestión. State income tax forms Ayuda para Educación Puede excluir de sus ingresos hasta $5,250 en concepto de ayuda calificada para educación provista por el empleador. State income tax forms Para más información, vea la Publicación 970, Tax Benefits for Education (Beneficios tributarios para estudios), en inglés. State income tax forms Seguro de Vida Colectivo a Término Fijo Por lo general, el costo de hasta $50,000 de la cobertura de un seguro de vida colectivo a término fijo provisto por su empleador (o un empleador anterior) no se incluye en los ingresos. State income tax forms Sin embargo, tiene que incluir en los ingresos el costo del seguro provisto por su empleador si es superior a $50,000 de cobertura menos toda cantidad que pague por la compra del seguro. State income tax forms Para las excepciones, vea Costo exento de impuestos en su totalidad , y Costo sujeto a impuestos en su totalidad , más adelante. State income tax forms Si su empleador provee más de $50,000 en cobertura, la cantidad incluida en los ingresos se declara como parte de su salario en el recuadro 1 del Formulario W-2. State income tax forms También aparece por separado en el recuadro 12 con el código C. State income tax forms Seguro de vida colectivo a término a fijo. State income tax forms   Este tipo de seguro proporciona protección mediante un seguro de vida a término fijo (un seguro que tiene vigencia por un período de tiempo fijo) que: Provee una indemnización general por fallecimiento del asegurado, Se ofrece a un grupo de empleados, Se ofrece conforme a una póliza a nombre del empleador, y Provee una cantidad de seguro para cada empleado basada en una fórmula que impide una selección individual. State income tax forms Beneficios permanentes. State income tax forms   Si su póliza de seguro de vida colectivo a término fijo incluye beneficios permanentes, como el valor de su pago completo o el valor en efectivo de recuperación de la póliza, tiene que incluir en los ingresos, como salario, el costo de los beneficios permanentes menos la cantidad que pague por ellos. State income tax forms Su empleador debe poder decirle la cantidad que tiene que incluir en los ingresos. State income tax forms Beneficios por fallecimiento accidental. State income tax forms   El seguro que provee beneficios por fallecimiento accidental u otro tipo de beneficios por fallecimiento pero no provee beneficios por fallecimiento en general (seguro de viajes, por ejemplo) no es seguro de vida colectivo a término fijo. State income tax forms Empleador anterior. State income tax forms   Si un empleador anterior proveyó más de $50,000 en cobertura de seguro de vida colectivo a término fijo durante el año, la cantidad incluida en sus ingresos se declara como salario en el recuadro 1 del Formulario W-2. State income tax forms También aparece por separado en el recuadro 12 con el código C. State income tax forms El recuadro 12 también muestra, con los códigos M y N, la cantidad de impuestos sin cobrar del Seguro Social y Medicare sobre la cobertura en exceso. State income tax forms Tiene que pagar estos impuestos con su declaración de impuestos. State income tax forms Inclúyalos en el impuesto total en la línea 60 del Formulario 1040 y siga las instrucciones para la línea 60. State income tax forms Para más información, vea las Instrucciones del Formulario 1040, en inglés. State income tax forms Dos o más empleadores. State income tax forms   Su exclusión para la cobertura del seguro de vida colectivo a término fijo no puede sobrepasar el costo de $50,000 de cobertura provista por su empleador, independientemente de si el seguro es provisto por un solo empleador o por varios empleadores. State income tax forms Si dos o más empleadores proveen cobertura de seguro que sume más de $50,000, las cantidades declaradas como salarios en los Formularios W-2 no serán correctas. State income tax forms Tiene que calcular cuánto tiene que incluir en los ingresos. State income tax forms A la cantidad que calcule, réstele la cantidad declarada con el código C en el recuadro 12 de los Formularios W-2, sume el resultado al salario declarado en el recuadro 1 y declare el total en su declaración de impuestos. State income tax forms Cómo calcular el costo tributable. State income tax forms   Utilice la hoja de trabajo siguiente para calcular la cantidad a incluir en los ingresos. State income tax forms     Hoja de Trabajo 5-1. State income tax forms Cómo Calcular el Costo del Seguro de Vida Colectivo a Término Fijo a Incluir en los Ingresos 1. State income tax forms Anote la cantidad total de su cobertura de seguro provista por su(s) empleador(es). State income tax forms 1. State income tax forms   2. State income tax forms Límite sobre la exclusión para la cobertura del seguro de vida colectivo a término fijo provista por su empleador. State income tax forms 2. State income tax forms 50,000 3. State income tax forms Reste la línea 2 de la línea 1. State income tax forms 3. State income tax forms   4. State income tax forms Divida la línea 3 entre $1,000. State income tax forms Incluya sólo un decimal. State income tax forms 4. State income tax forms   5. State income tax forms Vaya a la Tabla 5-1. State income tax forms Según la edad que tenga el último día del año tributario, busque el grupo correspondiente a su edad en la columna izquierda y anote el costo correspondiente indicado en la columna derecha. State income tax forms 5. State income tax forms   6. State income tax forms Multiplique la línea 4 por la línea 5. State income tax forms 6. State income tax forms   7. State income tax forms Anote el número de meses completos de cobertura a este costo. State income tax forms 7. State income tax forms   8. State income tax forms Multiplique la línea 6 por la línea 7. State income tax forms 8. State income tax forms   9. State income tax forms Anote las primas que pagó al mes. State income tax forms 9. State income tax forms       10. State income tax forms Anote el número de meses que pagó las primas. State income tax forms 10. State income tax forms       11. State income tax forms Multiplique la línea 9 por la línea 10. State income tax forms 11. State income tax forms   12. State income tax forms Reste la línea 11 de la línea 8. State income tax forms Incluya esta cantidad en sus ingresos como salario 12. State income tax forms   Tabla 5-1. State income tax forms Costo de Cada $1,000 de Seguro de Vida Colectivo a Término Fijo por un Mes Edad Costo Menor de 25 años $ 0. State income tax forms 05 De 25 a 29 años 0. State income tax forms 06 De 30 a 34 años 0. State income tax forms 08 De 35 a 39 años 0. State income tax forms 09 De 40 a 44 años 0. State income tax forms 10 De 45 a 49 años 0. State income tax forms 15 De 50 a 54 años 0. State income tax forms 23 De 55 a 59 años 0. State income tax forms 43 De 60 a 64 años 0. State income tax forms 66 De 65 a 69 años 1. State income tax forms 27 De 70 años en adelante 2. State income tax forms 06 Ejemplo. State income tax forms Usted tiene 51 años de edad y trabaja para los empleadores A y B. State income tax forms Ambos empleadores le proveen cobertura de seguro de vida colectivo a término fijo para el año entero. State income tax forms Su cobertura es $35,000 con el empleador A y $45,000 con el empleador B. State income tax forms Usted paga las primas mensuales de $4. State income tax forms 15 conforme al plan colectivo del empleador B. State income tax forms La cantidad a ser incluida en los ingresos se calcula según lo indicado en la Hoja de Trabajo 5-1. State income tax forms Cómo Calcular el Costo del Seguro de Vida Colectivo a Término Fijo a Incluir en los Ingresos – Ejemplo, a continuación. State income tax forms    Hoja de Trabajo 5-1. State income tax forms Cómo Calcular el Costo del Seguro de Vida Colectivo a Término Fijo a Incluir en los Ingresos – Ejemplo 1. State income tax forms Anote la cantidad total de su cobertura de seguro provista por su(s) empleador(es). State income tax forms 1. State income tax forms 80,000 2. State income tax forms Límite sobre la exclusión para la cobertura del seguro de vida colectivo a término fijo provista por su empleador. State income tax forms 2. State income tax forms 50,000 3. State income tax forms Reste la línea 2 de la línea 1. State income tax forms 3. State income tax forms 30,000 4. State income tax forms Divida la línea 3 entre $1,000. State income tax forms Incluya sólo un decimal. State income tax forms 4. State income tax forms 30. State income tax forms 0 5. State income tax forms Vaya a la Tabla 5-1. State income tax forms Según la edad que tenga el último día del año tributario, busque el grupo correspondiente a su edad en la columna izquierda y anote el costo correspondiente indicado en la columna derecha. State income tax forms 5. State income tax forms . State income tax forms 23 6. State income tax forms Multiplique la línea 4 por la línea 5. State income tax forms 6. State income tax forms 6. State income tax forms 90 7. State income tax forms Anote el número de meses completos de cobertura a este costo. State income tax forms 7. State income tax forms 12 8. State income tax forms Multiplique la línea 6 por la línea 7. State income tax forms 8. State income tax forms 82. State income tax forms 80 9. State income tax forms Anote las primas que pagó al mes. State income tax forms 9. State income tax forms 4. State income tax forms 15     10. State income tax forms Anote el número de meses que pagó las primas. State income tax forms 10. State income tax forms 12     11. State income tax forms Multiplique la línea 9 por la línea 10. State income tax forms 11. State income tax forms 49. State income tax forms 80 12. State income tax forms Reste la línea 11 de la línea 8. State income tax forms Incluya esta cantidad en sus ingresos como salario. State income tax forms 12. State income tax forms 33. State income tax forms 00 Costo exento de impuestos en su totalidad. State income tax forms   No se grava impuesto alguno sobre el costo del seguro de vida colectivo a término fijo si se da alguna de las siguientes circunstancias: Está permanente y totalmente incapacitado y ha cesado su trabajo. State income tax forms Su empleador es el beneficiario de la póliza por el período completo de vigencia del seguro durante el año tributario. State income tax forms Una organización benéfica (definida en el capítulo 24), para la cual las aportaciones son deducibles, es la única beneficiaria de la póliza por el período completo de vigencia del seguro durante el año tributario. State income tax forms (No tiene derecho a una deducción en concepto de donación caritativa por nombrar a una organización benéfica beneficiaria de su póliza). State income tax forms El plan existía el 1 de enero de 1984 y Se jubiló antes del 2 de enero de 1984 y estaba cubierto por el plan cuando se jubiló o Llegó a los 55 años de edad antes del 2 enero de 1984 y estaba empleado por el empleador o su predecesor en 1983. State income tax forms Costo sujeto a impuestos en su totalidad. State income tax forms   Se grava la totalidad del costo del seguro de vida colectivo a término fijo si se da alguna de las siguientes circunstancias: El empleador provee el seguro por medio de un fideicomiso para empleados calificado, como un fideicomiso de pensiones o un plan de anualidades calificado. State income tax forms Usted es un empleado clave y el plan de su empleador discrimina a favor de los empleados clave. State income tax forms Servicios de Planificación para la Jubilación Si su empleador tiene un plan calificado de jubilación, los servicios de planificación calificados para la jubilación provistos a usted (y a su cónyuge) por el empleador no se incluyen en los ingresos. State income tax forms Los servicios calificados incluyen asesoramiento sobre planificación para la jubilación, información sobre el plan de jubilación de su empleador e información sobre cómo podría encajar este plan dentro de su plan general individual de ingresos para la jubilación. State income tax forms No puede excluir el valor de ningún servicio de preparación de impuestos, contabilidad, ni servicios de un abogado o corredor de bolsa provistos por su empleador. State income tax forms Transporte Si su empleador le provee un beneficio marginal de transporte calificado, éste puede ser excluido de sus ingresos, hasta ciertos límites. State income tax forms Un beneficio marginal de transporte calificado es: Transporte en vehículos de desplazamiento en carretera (como furgonetas) entre su hogar y el lugar de trabajo, Una tarjeta abonada de transporte colectivo, Estacionamiento que reúna los requisitos. State income tax forms Desplazamiento calificado de ida y vuelta al trabajo en bicicleta. State income tax forms Los reembolsos en efectivo hechos por su empleador para dichos gastos conforme a un acuerdo bona fide para reembolsos también son excluibles. State income tax forms Sin embargo, el reembolso en efectivo de una tarjeta abonada de transporte colectivo es excluible sólo si no tiene a su disposición un recibo o artículo similar que pueda ser canjeado únicamente por una tarjeta abonada de transporte colectivo. State income tax forms Límite de exclusión. State income tax forms   La exclusión para el transporte al trabajo en vehículos de carretera y los beneficios marginales de tarjetas abonadas de transporte colectivo no puede ser mayor que $245 al mes. State income tax forms   La exclusión por el beneficio marginal de estacionamiento calificado no puede ser mayor de $245 al mes. State income tax forms   La exclusión para desplazarse en bicicleta hasta el lugar de trabajo y de vuelta a la casa, conforme a los requisitos y durante un año natural, se calcula multiplicando $20 por el número de meses, los cuales reúnen los requisitos, en los que dicho desplazamiento se haya realizado durante dicho año. State income tax forms   Si los beneficios tienen un valor superior a estos límites, la cantidad en exceso tiene que incluirse en los ingresos. State income tax forms Usted no tiene derecho a estas exclusiones si los reembolsos se efectúan conforme a un acuerdo de reducción de remuneración. State income tax forms Vehículo de transporte al trabajo en carretera. State income tax forms   Es un vehículo de uso en carretera con asientos para por lo menos seis adultos (sin incluir al chófer). State income tax forms Se espera que por lo menos el 80% del millaje del vehículo sea por: Transporte de empleados de su casa al trabajo y viceversa y Viajes durante los cuales los empleados ocupan por lo menos la mitad de los asientos para adultos del vehículo (sin incluir al chófer). State income tax forms Tarjeta abonada de transporte. State income tax forms   Es toda tarjeta, ficha, billete o vale que le dé a la persona el derecho de viajar en transporte colectivo (ya sea público o privado) gratis o con descuento o a viajar en un vehículo de transporte por carretera operado por una persona que se dedique al negocio de transportar personas a cambio de remuneración. State income tax forms Estacionamiento que reúne los requisitos. State income tax forms   Es un estacionamiento provisto a un empleado en el sitio del local comercial del empleador, o cerca del mismo. State income tax forms También incluye el estacionamiento en el lugar, o cerca del lugar, desde el cual el empleado viaja a su lugar de trabajo en transporte público, en un vehículo de transporte en carretera o en un vehículo sujeto a un convenio entre dueños de autos para turnarse en el transporte a sus lugares de trabajo. State income tax forms No incluye el estacionamiento en el hogar del empleado o cerca del mismo. State income tax forms Desplazamiento calificado de ida y vuelta al trabajo en bicicleta. State income tax forms   Éste es un reembolso basado en el número de meses calificados de desplazamiento de ida y vuelta al trabajo en bicicleta durante el año. State income tax forms Un mes calificado de desplazamiento de ida y vuelta al trabajo en bicicleta es cualquier mes en el que utilice la bicicleta de manera habitual para una parte sustancial del viaje de ida y vuelta al trabajo sin recibir los demás beneficios marginales de transporte calificados. State income tax forms Puede recibir el reembolso por gastos en los que incurrió durante el año al comprar una bicicleta y por mejoras, reparaciones y almacenaje relacionados con la bicicleta. State income tax forms Aportaciones a un Plan de Jubilación Las aportaciones hechas por su empleador a un plan calificado de jubilación para usted no se incluyen en los ingresos en el momento en que se hacen. State income tax forms Su empleador le puede decir si su plan de jubilación reúne los requisitos. State income tax forms Sin embargo, es posible que el costo de cobertura de un seguro de vida incluido en el plan tenga que incluirse. State income tax forms Vea el tema titulado Seguro de Vida Colectivo a Término Fijo , anteriormente, bajo Beneficios Marginales. State income tax forms Si su empleador hace pagos a un plan no calificado para usted, generalmente tiene que incluir las aportaciones en los ingresos como salario para el año tributario en que se hicieron las aportaciones. State income tax forms Sin embargo, si los intereses que recibe del plan no se pueden traspasar o están sujetos a un riesgo considerable de ser decomisados (o sea, usted tiene buena probabilidad de perderlos) en el momento de la aportación, no tiene que incluir el valor de los intereses en los ingresos hasta que sean transferibles, o no estén sujetos a dicho riesgo de ser decomisados. State income tax forms Para información sobre las distribuciones de planes de jubilación, vea la Publicación 575, Pension and Annuity Income (Ingresos de pensiones y anualidades), (o la Publicación 721, Tax Guide to U. State income tax forms S. State income tax forms Civil Service Retirement Benefits (Guía tributaria de beneficios de jubilación federales de los Estados Unidos)), ambas en inglés, si usted es empleado o jubilado federal. State income tax forms Aplazamientos electivos. State income tax forms   Si tiene derecho a ciertos tipos de planes de jubiliación, puede escoger apartar parte de su salario para que su empleador lo aporte a un fondo para la jubiliación, en vez de serle pagado a usted. State income tax forms La cantidad que aparte (denominada aplazamiento electivo) se considera aportación del empleador a un plan calificado. State income tax forms Un aplazamiento electivo, que no sea una aportación designada hecha a un arreglo Roth (tema que se aborda más adelante), no se incluye en el salario sujeto a impuestos sobre el ingreso en el momento en que se hace la aportación. State income tax forms Sin embargo, sí se incluye en el salario sujeto a impuestos del Seguro Social y Medicare. State income tax forms   Los aplazamientos electivos incluyen aportaciones electivas hechas a los siguientes planes de jubilación: Acuerdos de pago en efectivo o diferidos (planes conforme a la sección 401(k)). State income tax forms Thrift Savings Plan (Cuenta de ahorros para la jubilación) para empleados del gobierno federal. State income tax forms Planes de pensiones simplificadas para empleados mediante la reducción de salarios (conocidos en inglés como salary reduction simplified employee pension plans (SARSEP)). State income tax forms Planes de incentivos de ahorros para empleados en los que el empleador aporta cantidades iguales (conocidos en inglés como savings incentive match plans for employees (SIMPLE plans)). State income tax forms Planes de anualidades con protección tributaria (planes conforme a la sección 403(b)). State income tax forms Planes conforme a la sección 501(c)(18)(D). State income tax forms Planes conforme a la sección 457. State income tax forms Plan calificado de aportaciones automáticas. State income tax forms   A través de un plan calificado de aportaciones automáticas, su empleador puede considerar que usted ha optado por aportar parte de su salario a un plan conforme a la sección 401(k). State income tax forms A usted se le debe enviar una notificación por escrito de los derechos y deberes que le corresponden conforme al plan calificado de aportaciones automáticas. State income tax forms Dicha notificación tiene que explicar: Su derecho a optar por que no se efectúen aportaciones optativas o por que sí se efectúen, pero a un porcentaje distinto y Cómo se invertirán las aportaciones efectuadas si usted no toma una decisión en cuanto a la inversión de las mismas. State income tax forms   Después de recibir la notificación y antes de que se efectúe la primera aportación optativa, es obligatorio que tenga un período razonable para elegir una opción en cuanto a las aportaciones. State income tax forms Límite global sobre aplazamientos. State income tax forms   En el año 2013, por lo general, no debió haber diferido más de un total de $17,500 en aportaciones a los planes enumerados anteriormente en los apartados (1) al (3) y (5). State income tax forms El límite sobre aportaciones hechas a un plan SIMPLE es $12,000. State income tax forms El límite sobre aportaciones hechas a planes conforme a la sección 501(c)(18)(D) es $7,000 o el 25% de su remuneración, la cantidad que sea menor. State income tax forms El límite sobre aportaciones hechas a planes conforme a la sección 457 es su remuneración incluible o $17,500, la cantidad que sea menor. State income tax forms Las cantidades diferidas bajo los límites específicos del plan son parte del límite global sobre aplazamientos. State income tax forms Aportaciones designadas a un arreglo Roth. State income tax forms   Los empleadores con planes conforme a las secciones 401(k) y 403(b) pueden establecer programas calificados de aportaciones a un arreglo Roth para hacer que la totalidad o parte de sus aplazamientos electivos al plan se designen a aportaciones a un arreglo Roth después de impuestos. State income tax forms Las aportaciones designadas a un arreglo Roth se consideran aplazamientos electivos, salvo que se incluyen en los ingresos. State income tax forms Aplazamientos en exceso. State income tax forms   Su empleador o el administrador de su plan debería aplicar el límite anual correspondiente al calcular sus aportaciones al plan. State income tax forms No obstante, usted es responsable de controlar o llevar la cuenta del total que aplace para asegurarse de que los aplazamientos no sean mayores al límite global. State income tax forms   Si aparta una cantidad mayor al límite, el exceso generalmente tiene que incluirse en los ingresos de ese año, a no ser que tenga un aplazamiento en exceso de una aportación designada a un arreglo Roth. State income tax forms Vea la Publicación 525, en inglés, para una explicación sobre el tratamiento tributario de los aplazamientos en exceso. State income tax forms Aportaciones de actualización. State income tax forms   Es posible que se le permita hacer aportaciones de actualización (aplazamientos electivos adicionales) si tiene 50 años de edad o más para el final del año tributario. State income tax forms Opciones de Compra de Acciones Si recibe una opción no estatutaria para comprar o vender acciones u otros bienes como pago por sus servicios, normalmente tendrá ingresos cuando reciba la opción, cuando ejerza la opción (cuando la use para comprar o vender las acciones u otros bienes) o cuando venda o de otra manera enajene la opción. State income tax forms Sin embargo, si su opción es una opción estatutaria de acciones, no tendrá ningún ingreso hasta que venda o intercambie sus acciones. State income tax forms Su empleador le puede decir qué clase de opción tiene. State income tax forms Para más información, vea la Publicación 525, en inglés. State income tax forms Bienes Restringidos Por lo general, si recibe bienes a cambio de sus servicios, tiene que incluir el valor justo de mercado en los ingresos en el año en que reciba los bienes. State income tax forms Sin embargo, si recibe acciones u otros bienes que tengan ciertas restricciones que afecten su valor, no incluya el valor de los bienes en los ingresos hasta que se hayan adquirido todos los derechos a los mismos. State income tax forms Puede elegir incluir el valor de los bienes en los ingresos en el año en que le son traspasados a usted. State income tax forms Para más información, vea Restricted Property (Bienes restringidos), en la Publicación 525, en inglés. State income tax forms Dividendos recibidos de acciones restringidas. State income tax forms   Los dividendos que reciba de acciones restringidas se consideran remuneración y no ingresos de dividendos. State income tax forms Su empleador debe incluir estos pagos en el Formulario W-2. State income tax forms Acciones que usted elija incluir en los ingresos. State income tax forms   Los dividendos que reciba de acciones restringidas que usted eligió incluir en los ingresos en el año en que se traspasaron son tratados como cualquier otro dividendo. State income tax forms Declárelos en la declaración de impuestos como dividendos. State income tax forms Para una explicación sobre dividendos, vea el capítulo 8 . State income tax forms    Para más información sobre cómo tratar los dividendos declarados en el Formulario W-2 y el Formulario 1099-DIV, vea Dividends received on restricted stock (Dividendos recibidos de acciones restringidas), en la Publicación 525, en inglés. State income tax forms Reglas Especiales para Algunos Empleados Esta sección trata de las reglas especiales para personas que tengan ciertas clases de empleo: miembros del clero, miembros de órdenes religiosas, personas que trabajan para empleadores extranjeros, personal militar y voluntarios. State income tax forms Clero Por lo general, si es miembro del clero, tiene que incluir en sus ingresos las ofrendas y honorarios que reciba por oficiar en matrimonios, bautizos, funerales, misas, etc. State income tax forms , además de su sueldo o salario. State income tax forms Si la ofrenda se hace a la institución religiosa, no se le grava a usted. State income tax forms Si es miembro de una organización religiosa y le da ganancias de otras fuentes a dicha organización religiosa, tiene que incluir dichas ganancias en sus ingresos. State income tax forms No obstante, quizás tenga derecho a una deducción de la cantidad pagada a la organización caritativa. State income tax forms Vea el capítulo 24 . State income tax forms Pensión. State income tax forms    Una pensión o pago por jubilación para un miembro del clero suele tratarse igual que otra pensión o anualidad. State income tax forms Tiene que declararse en las líneas 16a y 16b del Formulario 1040 o en las líneas 12a y 12b del Formulario 1040A. State income tax forms Vivienda. State income tax forms    Hay reglas especiales en cuanto a vivienda para los miembros del clero. State income tax forms Conforme a estas reglas, no se incluye en los ingresos el valor del alquiler de una vivienda (incluyendo servicios públicos) ni una asignación para vivienda que le haya sido proporcionada como parte de su paga. State income tax forms Sin embargo, la exclusión no puede ser mayor que la paga razonable por sus servicios. State income tax forms Si paga por los servicios públicos, puede excluir toda asignación designada al costo de los servicios, hasta el costo real. State income tax forms La vivienda o la asignación se le tiene que ofrecer como compensación por sus servicios como ministro ordenado, con licencia o con comisión. State income tax forms No obstante, tiene que incluir el valor del alquiler de la vivienda o de la asignación para la vivienda como ganancias del trabajo por cuenta propia en el Anexo SE (Formulario 1040) si está sujeto al impuesto del trabajo por cuenta propia. State income tax forms Para más información, vea la Publicación 517, Social Security and Other Information for Members of the Clergy and Religious Workers (Seguro Social y otra información para miembros del clero y empleados religiosos), en inglés. State income tax forms Miembros de Órdenes Religiosas Si es miembro de una orden religiosa que ha hecho un voto de pobreza, la manera de tratar las ganancias a las cuales ha renunciado y que ha entregado a la orden depende de si presta servicios a la misma. State income tax forms Servicios prestados a la orden religiosa. State income tax forms   Si presta servicios en representación de la orden en el desempeño de los deberes requeridos por la misma, no incluya en sus ingresos las cantidades entregadas a la orden. State income tax forms   Si su orden le manda prestar servicios para otra entidad de la iglesia supervisora o una institución asociada, se considera que presta los servicios en representación de la orden. State income tax forms Los sueldos o salarios que gane en representación de una orden, y que le entregue a la misma, no se incluyen en sus ingresos. State income tax forms Ejemplo. State income tax forms Usted es miembro de una orden religiosa y ha hecho un voto de pobreza. State income tax forms Renuncia a todo derecho sobre sus ganancias y le entrega a la orden todo sueldo o salario que gane. State income tax forms Usted es enfermero registrado, por lo tanto su orden lo asigna a trabajar en un hospital que es una institución asociada con la iglesia. State income tax forms No obstante, se mantiene bajo el mando general y el control de la orden. State income tax forms A usted se le considera agente de la orden y los sueldos o salarios que gane en ese hospital y entregue a la orden no se incluyen en los ingresos. State income tax forms Servicios prestados fuera de la orden religiosa. State income tax forms   Si a usted se le instruye que trabaje fuera de la orden, sus servicios no son un desempeño de los deberes requeridos por la orden a menos que dichos servicios cumplan los dos requisitos siguientes: Son tipos de servicios que normalmente son deberes de los miembros de la orden. State income tax forms Son parte de los deberes que usted tiene que prestar para la orden, o en nombre de la misma, como su agente. State income tax forms Si es empleado de un tercero y presta servicios a éste, se considera que la orden no le exige a usted que preste dichos servicios. State income tax forms Las cantidades que reciba por estos servicios se incluyen en sus ingresos, aun si ha hecho un voto de pobreza. State income tax forms Ejemplo. State income tax forms Marcos Moreno es miembro de una orden religiosa y ha hecho un voto de pobreza. State income tax forms Ha renunciado a todo derecho a sus ganancias y se las entrega a la orden. State income tax forms Marcos es maestro. State income tax forms Sus superiores de la orden le dijeron que obtuviera empleo en una escuela privada exenta de impuestos. State income tax forms Marcos se convirtió en un empleado de la escuela y, a solicitud suya, la escuela pagó su salario directamente a la orden. State income tax forms Debido a que Marcos es empleado de la escuela, se considera que presta servicios para la escuela en vez de como agente de la orden. State income tax forms El salario que gana Marcos por trabajar en la escuela se incluye en sus ingresos. State income tax forms Empleador Extranjero Hay reglas especiales que se aplican a personas que trabajan para un empleador extranjero. State income tax forms Ciudadano estadounidense. State income tax forms   Si es ciudadano estadounidense que trabaja en los Estados Unidos para un gobierno extranjero, una organización internacional, una embajada extranjera o cualquier empleador extranjero, tiene que incluir su sueldo en los ingresos. State income tax forms Impuestos del Seguro Social y Medicare. State income tax forms   Está exento de los impuestos del Seguro Social y Medicare para empleados si trabaja en los Estados Unidos para una organización internacional o un gobierno extranjero. State income tax forms No obstante, tiene que pagar impuestos sobre el trabajo por cuenta propia sobre sus ingresos por servicios prestados en los Estados Unidos, a pesar de que no trabaja por cuenta propia. State income tax forms Esta regla también corresponde si es empleado de una agencia calificada que pertenezca en su totalidad a un gobierno extranjero. State income tax forms Empleados de organizaciones internacionales o de gobiernos extranjeros. State income tax forms   Su remuneración por prestar servicios oficiales a una organización internacional está exenta de impuestos federales sobre los ingresos si no es ciudadano estadounidense o si es ciudadano de las Filipinas (independientemente de si usted es o no ciudadano estadounidense). State income tax forms   Su remuneración por prestar servicios oficiales a un gobierno extranjero está exenta de impuestos federales sobre los ingresos si se cumplen todas las siguientes condiciones: No es ciudadano estadounidense o es ciudadano filipino (independientemente de que sea o no ciudadano estadounidense). State income tax forms Su trabajo se parece al trabajo desempeñado por empleados de los Estados Unidos en países extranjeros. State income tax forms El gobierno extranjero ofrece una exención igual a empleados de los Estados Unidos que se encuentren en su país. State income tax forms Renuncia al estado de extranjero. State income tax forms   Podrían corresponderle reglas diferentes si es extranjero que trabaja para un gobierno extranjero o una organización internacional y presenta una renuncia conforme a la sección 247(b) de la Immigration and Nationality Act (Ley de Inmigración y Nacionalidad) para mantener su estado de inmigrante. State income tax forms Vea el tema titulado Foreign Employer (Empleador extranjero) en la Publicación 525, en inglés. State income tax forms Empleo en el extranjero. State income tax forms   Para información sobre el trato tributario de los ingresos ganados en el extranjero, obtenga la Publicación 54, en inglés. State income tax forms Fuerzas Armadas Los pagos que reciba como miembro de las Fuerzas Armadas suelen estar sujetos a impuestos como sueldo o salario, con excepción del pago de jubilación que está sujeto a impuestos como una pensión. State income tax forms A las asignaciones generalmente no se les gravan impuestos. State income tax forms Para información sobre el trato tributario de las asignaciones y beneficios militares, obtenga la Publicación 3, Armed Forces' Tax Guide (Guía tributaria para las Fuerzas Armadas), en inglés. State income tax forms Pagos de salarios diferenciales. State income tax forms   Si una persona que presta servicio activo como miembro de las Fuerzas Armadas recibe pagos de un empleador correspondientes a cualquier período de dicho servicio, éstos se tratan como remuneración. State income tax forms Estos salarios están sujetos a la retención del impuesto sobre los ingresos y se declaran en el Formulario W-2. State income tax forms Vea la sección Otras Clases de Remuneración , anteriormente. State income tax forms Pagos de la jubilación militar. State income tax forms   Si sus pagos de jubilación se basan en edad o duración de servicio, están sujetos a impuestos y tienen que incluirse en sus ingresos como una pensión en las líneas 16a y 16b del Formulario 1040, o en las líneas 12a y 12b del Formulario 1040A. State income tax forms No incluya en los ingresos ninguna reducción de pago de jubilación o anticipo para proveer una anualidad de sobreviviente para su cónyuge o hijos conforme al Retired Serviceman's Family Protection Plan (Plan de protección para las familias de militares jubilados) o el Survivor Benefit Plan (Plan de beneficios para sobrevivientes). State income tax forms   Para una explicación más detallada sobre las anualidades para sobrevivientes, vea el capítulo 10 . State income tax forms Incapacidad. State income tax forms   Si se jubiló por incapacidad, vea el tema titulado Pensiones Militares y Gubernamentales por Incapacidad bajo Beneficios por Enfermedad y Lesiones, más adelante. State income tax forms Beneficios para veteranos. State income tax forms   No incluya en sus ingresos beneficio alguno para veteranos pagado conforme a alguna ley, reglamento o práctica administrativa administrada por el Departamento de Asuntos de Veteranos (VA, por sus siglas en inglés). State income tax forms Las cantidades siguientes pagadas a veteranos o a sus familias no están sujetas a impuestos: Asignaciones para educación, capacitación y subsistencia. State income tax forms Pagos de compensación por incapacidad y pagos de pensión por incapacidad hechos a veteranos o a sus familias. State income tax forms Subvenciones para casas diseñadas para habitantes en silla de ruedas. State income tax forms Subvenciones para vehículos motorizados para veteranos que han perdido la vista o el uso de sus extremidades. State income tax forms Ganancias y dividendos de seguros pagados a veteranos o a sus beneficiarios, incluyendo las ganancias de una póliza de seguro dotal para veteranos pagadas antes del fallecimiento. State income tax forms Intereses sobre dividendos de seguros que deje en depósito en el Departamento de Asuntos de Veteranos. State income tax forms Beneficios de un programa para el cuidado de dependientes. State income tax forms La prestación pagada al sobreviviente de un miembro de las Fuerzas Armadas que falleció después del 10 de septiembre de 2001. State income tax forms Pagos hechos conforme al programa de terapia laboral remunerada. State income tax forms Todo pago de bonificación de un estado o subdivisión política por servicios prestados en una zona de combate. State income tax forms Voluntarios El trato tributario de las cantidades que reciba como trabajador voluntario del Cuerpo de Paz o una agencia similar se trata en los párrafos siguientes. State income tax forms Cuerpo de Paz. State income tax forms   Las asignaciones de subsistencia que reciba como voluntario del Cuerpo de Paz, o como líder voluntario del mismo, por concepto de vivienda, servicios públicos, suministros para el hogar, alimento y ropa están exentas de impuestos. State income tax forms Asignaciones sujetas a impuestos. State income tax forms   Las asignaciones siguientes tienen que incluirse en sus ingresos y declararse como salario: Asignaciones pagadas a su cónyuge e hijos menores de edad mientras usted es líder voluntario en capacitación en los Estados Unidos. State income tax forms Asignaciones para subsistencia designadas por el Director del Cuerpo de Paz como remuneración básica. State income tax forms Éstas son asignaciones para artículos personales como ayuda con los quehaceres domésticos, lavado y mantenimiento de ropa, entretenimiento y recreación, transporte y otros gastos misceláneos. State income tax forms Asignaciones para permisos o licencias (por vacaciones o enfermedad). State income tax forms Asignaciones de reajuste o pagos de terminación. State income tax forms Se considera que éstas son recibidas por usted cuando se abonan a su cuenta. State income tax forms Ejemplo. State income tax forms Gastón Carranza, un voluntario del Cuerpo de Paz, recibe $175 mensuales como asignación de reajuste durante el período de servicio, a serle pagada en una suma global al concluir su período de servicio. State income tax forms Aunque la asignación no está a su disposición hasta concluir su servicio, Gastón tiene que incluirla en sus ingresos cada mes cuando se acredite a su cuenta. State income tax forms Volunteers in Service to America (Voluntarios del servicio para los Estados Unidos de América o VISTA, por sus siglas en inglés). State income tax forms   Si es voluntario del programa Volunteers in Service to America (Voluntarios del servicio para los Estados Unidos de América), tiene que incluir las asignaciones para comidas y alojamiento en los ingresos como salario. State income tax forms Programas del National Senior Services Corps (Cuerpo nacional de servicios prestados por personas mayores). State income tax forms   Si recibe dinero por servicios de ayuda o reembolsos por gastos de bolsillo, no lo incluya en sus ingresos si proviene de los siguientes programas: Retired Senior Volunteer Program (o RSVP, por sus siglas en inglés) (Programa de voluntarios mayores jubilados). State income tax forms Foster Grandparent Program (Programa de abuelos de crianza). State income tax forms Senior Companion Program (Programa de acompañantes de personas mayores). State income tax forms Service Corps of Retired Executives (Cuerpo de servicio de ejecutivos jubilados o SCORE, por sus siglas en inglés). State income tax forms   Si recibe dinero por servicios de ayuda o reembolsos de gastos de bolsillo, no lo incluya en sus ingresos si proviene del Service Corps of Retired Executives (Cuerpo de servicio de ejecutivos jubilados). State income tax forms Asesoría voluntaria con los impuestos. State income tax forms   No incluya en los ingresos reembolso alguno que reciba por transporte, comidas u otros gastos en los que incurra mientras recibe capacitación para proveer, o mientras provee, asesoría voluntaria con los impuestos federales a personas mayores (conocida en inglés como Tax Counseling for the Elderly o TCE, por sus siglas en inglés). State income tax forms   Puede deducir como donación caritativa los gastos de bolsillo no reembolsados y en los que incurrió mientras tomaba parte en el Volunteer Income Tax Assistance Program (Programa de asistencia voluntaria para la preparación de impuestos sobre el ingreso o VITA, por sus siglas en inglés). State income tax forms Vea el capítulo 24 . State income tax forms Beneficios por Enfermedad y Lesiones Esta sección aborda diversas clases de beneficios por enfermedad o lesiones, incluyendo beneficios por incapacidad, contratos de seguros para cuidados a largo plazo, compensación del seguro obrero y otros beneficios. State income tax forms Generalmente, tiene que declarar como ingresos toda cantidad que reciba por lesiones corporales o enfermedad de un plan de accidentes o de salud que pague su empleador. State income tax forms Si usted y su empleador, ambos, pagan por el plan, sólo la cantidad que usted reciba por los pagos hechos por su empleador se declara como ingresos. State income tax forms Sin embargo, puede ser que ciertos pagos no se le graven a usted. State income tax forms Su empleador debería poder darle los detalles específicos sobre su plan de pensiones e informarle de la cantidad que usted pagó por su pensión por incapacidad. State income tax forms Además de las pensiones y anualidades por incapacidad, quizás reciba otros pagos por enfermedad y lesiones. State income tax forms No declare como ingresos ninguna cantidad recibida como reembolso de gastos médicos en los que incurrió después de establecerse el plan. State income tax forms Costo pagado por usted. State income tax forms   Si usted paga el costo entero de un plan de salud o de accidente, no incluya como ingresos en su declaración de impuestos ninguna cantidad que reciba del plan por lesiones corporales o enfermedad. State income tax forms Si su plan le reembolsó los gastos médicos que usted dedujo en un año anterior, quizás tenga que incluir en los ingresos algunos, o todos, los reembolsos. State income tax forms Vea el tema titulado Reembolso en un año posterior , en el capítulo 21. State income tax forms Planes flexibles de beneficios (Cafeteria plans). State income tax forms   Por lo general, si está cubierto por un plan de salud o de accidente a través de un plan flexible de beneficios y las primas del seguro no se incluyeron en los ingresos, se considera que no ha pagado las primas y tiene que incluir en los ingresos todos los beneficios que haya recibido. State income tax forms Si las primas se incluyeron en los ingresos, se considera que ha pagado las primas y los beneficios que reciba no están sujetos a impuestos. State income tax forms Pensiones por Incapacidad Si se jubiló por incapacidad, tiene que incluir en sus ingresos toda pensión por incapacidad que reciba conforme a un plan pagado por su empleador. State income tax forms Tiene que declarar los pagos por incapacidad sujetos a impuestos como salario en la línea 7 del Formulario 1040 o del Formulario 1040A, hasta que usted cumpla la edad mínima para la jubilación. State income tax forms La edad mínima para la jubilación es, por lo general, la edad en la cual usted puede recibir por primera vez una pensión o anualidad si no está incapacitado. State income tax forms Podría tener derecho a un crédito tributario si estaba permanente y totalmente incapacitado cuando se jubiló. State income tax forms Para más información sobre este crédito y la definición de incapacidad total y permanente, vea el capítulo 33. State income tax forms A partir del día después de haber cumplido la edad mínima para la jubilación, los pagos que reciba están sujetos a impuestos como pensión o anualidad. State income tax forms Declare estos pagos en las líneas 16a y 16b del Formulario 1040 o en las líneas 12a y 12b del Formulario 1040A. State income tax forms Para información sobre las reglas para declarar pensiones, vea el tema titulado Cómo Hacer la Declaración , en el capítulo 10. State income tax forms Para información sobre los pagos por incapacidad de un programa gubernamental provistos como sustituto de la compensación por desempleo, vea el capítulo 12 . State income tax forms Planes de jubilación y de participación en las ganancias. State income tax forms   Si recibe pagos de un plan de jubilación o de participación en las ganancias que no provee jubilación por incapacidad, no declare los pagos como pensión por incapacidad. State income tax forms Los pagos tienen que ser declarados como una pensión o anualidad. State income tax forms Para más información sobre las pensiones, vea el capítulo 10 . State income tax forms Pago por vacaciones acumuladas. State income tax forms   Si se jubila por incapacidad, todo pago global que reciba por vacaciones acumuladas se considera pago de sueldo. State income tax forms Este pago no es un pago por incapacidad. State income tax forms Inclúyalo en sus ingresos en el año tributario en que lo reciba. State income tax forms Pensiones Militares y Gubernamentales por Incapacidad Algunas pensiones militares y gubernamentales por incapacidad no están sujetas a impuestos. State income tax forms Incapacidad por servicio gubernamental. State income tax forms  
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Understanding Your CP2566R Notice

We previously sent you a CP63 notice informing you we are holding your refund until we receive one or more unfiled tax returns. Because we received no reply to our previous notice, we have calculated your tax, penalty and interest based on wages and other income reported to us by employers, financial institutions and others.


What you need to do

  • File your tax return immediately, or
  • Accept our proposed assessment by signing and returning the Response form, or
  • Call us if you think you don't have to file.

You may want to…


Answers to Common Questions

What should I do if I disagree with the notice?

Call us at the toll free number listed on the top right corner of your notice. Please have your paperwork ready when you call. If you prefer, you can write to us using the notice's response form and return address listed.

Where do I send my return?

Attach the Response form and send the return to the address listed on the notice.

What should I do if I've just filed my tax return?

You don't have to do anything if you filed your tax return(s) within the last eight weeks.

What should I do if I didn't file my tax return or it's been more than eight weeks since I filed it?

Complete the Response form from your notice. Check the name, Social Security number (or Taxpayer Identification Number), and tax year on your notice. Make sure they match the name, number, and year on the return. Mail us a copy of the tax return. Sign the return and date it; if filing a joint return your spouse must also sign the return. Send the return with the Response form to the address listed on the notice.

What happens if I can't pay the full amount I owe when I file my return?

You can make a payment plan with us. If you owe tax on any return(s) you file, we will use your refund to help pay it.


Tips for next year

File your return on time.

Consider filing your taxes electronically. Filing online can help you avoid mistakes and find credits and deductions that you may qualify for. In many cases you can file for free. Learn more about e-file.

Page Last Reviewed or Updated: 28-Feb-2014

How to get help

  • Call the 1-800 number listed on the top right corner of your notice.
  • Authorize someone (e.g., accountant) to contact the IRS on your behalf using Form 2848.
  • See if you qualify for help from a Low Income Taxpayer Clinic.
     

The State Income Tax Forms

State income tax forms 12. State income tax forms   Other Income Table of Contents Introduction Useful Items - You may want to see: Bartering Canceled DebtsInterest included in canceled debt. State income tax forms Exceptions Host or Hostess Life Insurance ProceedsSurviving spouse. State income tax forms Endowment Contract Proceeds Accelerated Death Benefits Public Safety Officer Killed in the Line of Duty Partnership Income S Corporation Income RecoveriesItemized Deduction Recoveries Rents from Personal Property RepaymentsMethod 1. State income tax forms Method 2. State income tax forms RoyaltiesDepletion. State income tax forms Coal and iron ore. State income tax forms Sale of property interest. State income tax forms Part of future production sold. State income tax forms Unemployment BenefitsTypes of unemployment compensation. State income tax forms Governmental program. State income tax forms Repayment of unemployment compensation. State income tax forms Tax withholding. State income tax forms Repayment of benefits. State income tax forms Welfare and Other Public Assistance Benefits Other IncomeEmotional distress. State income tax forms Deduction for costs involved in unlawful discrimination suits. State income tax forms Energy conservation measure. State income tax forms Dwelling unit. State income tax forms Current income required to be distributed. State income tax forms Current income not required to be distributed. State income tax forms How to report. State income tax forms Losses. State income tax forms Grantor trust. State income tax forms Nonemployee compensation. State income tax forms Corporate director. State income tax forms Personal representatives. State income tax forms Manager of trade or business for bankruptcy estate. State income tax forms Notary public. State income tax forms Election precinct official. State income tax forms Difficulty-of-care payments. State income tax forms Maintaining space in home. State income tax forms Reporting taxable payments. State income tax forms Lotteries and raffles. State income tax forms Form W-2G. State income tax forms Reporting winnings and recordkeeping. State income tax forms Inherited pension or IRA. State income tax forms Employee awards or bonuses. State income tax forms Pulitzer, Nobel, and similar prizes. State income tax forms Payment for services. State income tax forms VA payments. State income tax forms Prizes. State income tax forms Strike and lockout benefits. State income tax forms Introduction You must include on your return all items of income you receive in the form of money, property, and services unless the tax law states that you do not include them. State income tax forms Some items, however, are only partly excluded from income. State income tax forms This chapter discusses many kinds of income and explains whether they are taxable or nontaxable. State income tax forms Income that is taxable must be reported on your tax return and is subject to tax. State income tax forms Income that is nontaxable may have to be shown on your tax return but is not taxable. State income tax forms This chapter begins with discussions of the following income items. State income tax forms Bartering. State income tax forms Canceled debts. State income tax forms Sales parties at which you are the host or hostess. State income tax forms Life insurance proceeds. State income tax forms Partnership income. State income tax forms S Corporation income. State income tax forms Recoveries (including state income tax refunds). State income tax forms Rents from personal property. State income tax forms Repayments. State income tax forms Royalties. State income tax forms Unemployment benefits. State income tax forms Welfare and other public assistance benefits. State income tax forms These discussions are followed by brief discussions of other income items. State income tax forms Useful Items - You may want to see: Publication 525 Taxable and Nontaxable Income 544 Sales and Other Dispositions of Assets 4681 Canceled Debts, Foreclosures, Repossessions, and Abandonments Bartering Bartering is an exchange of property or services. State income tax forms You must include in your income, at the time received, the fair market value of property or services you receive in bartering. State income tax forms If you exchange services with another person and you both have agreed ahead of time on the value of the services, that value will be accepted as fair market value unless the value can be shown to be otherwise. State income tax forms Generally, you report this income on Schedule C (Form 1040), Profit or Loss From Business, or Schedule C-EZ (Form 1040), Net Profit From Business. State income tax forms However, if the barter involves an exchange of something other than services, such as in Example 3 below, you may have to use another form or schedule instead. State income tax forms Example 1. State income tax forms You are a self-employed attorney who performs legal services for a client, a small corporation. State income tax forms The corporation gives you shares of its stock as payment for your services. State income tax forms You must include the fair market value of the shares in your income on Schedule C (Form 1040) or Schedule C-EZ (Form 1040) in the year you receive them. State income tax forms Example 2. State income tax forms You are self-employed and a member of a barter club. State income tax forms The club uses “credit units” as a means of exchange. State income tax forms It adds credit units to your account for goods or services you provide to members, which you can use to purchase goods or services offered by other members of the barter club. State income tax forms The club subtracts credit units from your account when you receive goods or services from other members. State income tax forms You must include in your income the value of the credit units that are added to your account, even though you may not actually receive goods or services from other members until a later tax year. State income tax forms Example 3. State income tax forms You own a small apartment building. State income tax forms In return for 6 months rent-free use of an apartment, an artist gives you a work of art she created. State income tax forms You must report as rental income on Schedule E (Form 1040), Supplemental Income and Loss, the fair market value of the artwork, and the artist must report as income on Schedule C (Form 1040) or Schedule C-EZ (Form 1040) the fair rental value of the apartment. State income tax forms Form 1099-B from barter exchange. State income tax forms   If you exchanged property or services through a barter exchange, Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, or a similar statement from the barter exchange should be sent to you by February 18, 2014. State income tax forms It should show the value of cash, property, services, credits, or scrip you received from exchanges during 2013. State income tax forms The IRS also will receive a copy of Form 1099-B. State income tax forms Canceled Debts In most cases, if a debt you owe is canceled or forgiven, other than as a gift or bequest, you must include the canceled amount in your income. State income tax forms You have no income from the canceled debt if it is intended as a gift to you. State income tax forms A debt includes any indebtedness for which you are liable or which attaches to property you hold. State income tax forms If the debt is a nonbusiness debt, report the canceled amount on Form 1040, line 21. State income tax forms If it is a business debt, report the amount on Schedule C (Form 1040) or Schedule C-EZ (Form 1040) (or on Schedule F (Form 1040), Profit or Loss From Farming, if the debt is farm debt and you are a farmer). State income tax forms Form 1099-C. State income tax forms   If a Federal Government agency, financial institution, or credit union cancels or forgives a debt you owe of $600 or more, you will receive a Form 1099-C, Cancellation of Debt. State income tax forms The amount of the canceled debt is shown in box 2. State income tax forms Interest included in canceled debt. State income tax forms   If any interest is forgiven and included in the amount of canceled debt in box 2, the amount of interest also will be shown in box 3. State income tax forms Whether or not you must include the interest portion of the canceled debt in your income depends on whether the interest would be deductible when you paid it. State income tax forms See Deductible debt under Exceptions, later. State income tax forms   If the interest would not be deductible (such as interest on a personal loan), include in your income the amount from Form 1099-C, box 2. State income tax forms If the interest would be deductible (such as on a business loan), include in your income the net amount of the canceled debt (the amount shown in box 2 less the interest amount shown in box 3). State income tax forms Discounted mortgage loan. State income tax forms   If your financial institution offers a discount for the early payment of your mortgage loan, the amount of the discount is canceled debt. State income tax forms You must include the canceled amount in your income. State income tax forms Mortgage relief upon sale or other disposition. State income tax forms   If you are personally liable for a mortgage (recourse debt), and you are relieved of the mortgage when you dispose of the property, you may realize gain or loss up to the fair market value of the property. State income tax forms To the extent the mortgage discharge exceeds the fair market value of the property, it is income from discharge of indebtedness unless it qualifies for exclusion under Excluded debt , later. State income tax forms Report any income from discharge of indebtedness on nonbusiness debt that does not qualify for exclusion as other income on Form 1040, line 21. State income tax forms    You may be able to exclude part of the mortgage relief on your principal residence. State income tax forms See Excluded debt, later. State income tax forms   If you are not personally liable for a mortgage (nonrecourse debt), and you are relieved of the mortgage when you dispose of the property (such as through foreclosure), that relief is included in the amount you realize. State income tax forms You may have a taxable gain if the amount you realize exceeds your adjusted basis in the property. State income tax forms Report any gain on nonbusiness property as a capital gain. State income tax forms   See Publication 4681 for more information. State income tax forms Stockholder debt. State income tax forms   If you are a stockholder in a corporation and the corporation cancels or forgives your debt to it, the canceled debt is a constructive distribution that is generally dividend income to you. State income tax forms For more information, see Publication 542, Corporations. State income tax forms   If you are a stockholder in a corporation and you cancel a debt owed to you by the corporation, you generally do not realize income. State income tax forms This is because the canceled debt is considered as a contribution to the capital of the corporation equal to the amount of debt principal that you canceled. State income tax forms Repayment of canceled debt. State income tax forms   If you included a canceled amount in your income and later pay the debt, you may be able to file a claim for refund for the year the amount was included in income. State income tax forms You can file a claim on Form 1040X if the statute of limitations for filing a claim is still open. State income tax forms The statute of limitations generally does not end until 3 years after the due date of your original return. State income tax forms Exceptions There are several exceptions to the inclusion of canceled debt in income. State income tax forms These are explained next. State income tax forms Student loans. State income tax forms   Certain student loans contain a provision that all or part of the debt incurred to attend the qualified educational institution will be canceled if you work for a certain period of time in certain professions for any of a broad class of employers. State income tax forms   You do not have income if your student loan is canceled after you agreed to this provision and then performed the services required. State income tax forms To qualify, the loan must have been made by: The Federal Government, a state or local government, or an instrumentality, agency, or subdivision thereof, A tax-exempt public benefit corporation that has assumed control of a state, county, or municipal hospital, and whose employees are considered public employees under state law, or An educational institution: Under an agreement with an entity described in (1) or (2) that provided the funds to the institution to make the loan, or As part of a program of the institution designed to encourage its students to serve in occupations with unmet needs or in areas with unmet needs and under which the services provided by the students (or former students) are for or under the direction of a governmental unit or a tax-exempt organization described in section 501(c)(3). State income tax forms   A loan to refinance a qualified student loan also will qualify if it was made by an educational institution or a qualified tax-exempt organization under its program designed as described in (3)(b) above. State income tax forms Education loan repayment assistance. State income tax forms   Education loan repayments made to you by the National Health Service Corps Loan Repayment Program (NHSC Loan Repayment Program), a state education loan repayment program eligible for funds under the Public Health Service Act, or any other state loan repayment or loan forgiveness program that is intended to provide for the increased availability of health services in underserved or health professional shortage areas are not taxable. State income tax forms    The provision relating to the “other state loan repayment or loan forgiveness program” was added to this exclusion for amounts received in tax years beginning after December 31, 2008. State income tax forms If you included these amounts in income in 2010, 2011, or 2012, you should file an amended tax return to exclude this income. State income tax forms See Form 1040X and its instructions for details on filing. State income tax forms Deductible debt. State income tax forms   You do not have income from the cancellation of a debt if your payment of the debt would be deductible. State income tax forms This exception applies only if you use the cash method of accounting. State income tax forms For more information, see chapter 5 of Publication 334, Tax Guide for Small Business. State income tax forms Price reduced after purchase. State income tax forms   In most cases, if the seller reduces the amount of debt you owe for property you purchased, you do not have income from the reduction. State income tax forms The reduction of the debt is treated as a purchase price adjustment and reduces your basis in the property. State income tax forms Excluded debt. State income tax forms   Do not include a canceled debt in your gross income in the following situations. State income tax forms The debt is canceled in a bankruptcy case under title 11 of the U. State income tax forms S. State income tax forms Code. State income tax forms See Publication 908, Bankruptcy Tax Guide. State income tax forms The debt is canceled when you are insolvent. State income tax forms However, you cannot exclude any amount of canceled debt that is more than the amount by which you are insolvent. State income tax forms See Publication 908. State income tax forms The debt is qualified farm debt and is canceled by a qualified person. State income tax forms See chapter 3 of Publication 225, Farmer's Tax Guide. State income tax forms The debt is qualified real property business debt. State income tax forms See chapter 5 of Publication 334. State income tax forms The cancellation is intended as a gift. State income tax forms The debt is qualified principal residence indebtedness. State income tax forms See Publication 525 for additional information. State income tax forms Host or Hostess If you host a party or event at which sales are made, any gift or gratuity you receive for giving the event is a payment for helping a direct seller make sales. State income tax forms You must report this item as income at its fair market value. State income tax forms Your out-of-pocket party expenses are subject to the 50% limit for meal and entertainment expenses. State income tax forms These expenses are deductible as miscellaneous itemized deductions subject to the 2%-of-AGI limit on Schedule A (Form 1040), but only up to the amount of income you receive for giving the party. State income tax forms For more information about the 50% limit for meal and entertainment expenses, see chapter 26. State income tax forms Life Insurance Proceeds Life insurance proceeds paid to you because of the death of the insured person are not taxable unless the policy was turned over to you for a price. State income tax forms This is true even if the proceeds were paid under an accident or health insurance policy or an endowment contract. State income tax forms However, interest income received as a result of life insurance proceeds may be taxable. State income tax forms Proceeds not received in installments. State income tax forms   If death benefits are paid to you in a lump sum or other than at regular intervals, include in your income only the benefits that are more than the amount payable to you at the time of the insured person's death. State income tax forms If the benefit payable at death is not specified, you include in your income the benefit payments that are more than the present value of the payments at the time of death. State income tax forms Proceeds received in installments. State income tax forms   If you receive life insurance proceeds in installments, you can exclude part of each installment from your income. State income tax forms   To determine the excluded part, divide the amount held by the insurance company (generally the total lump sum payable at the death of the insured person) by the number of installments to be paid. State income tax forms Include anything over this excluded part in your income as interest. State income tax forms Surviving spouse. State income tax forms   If your spouse died before October 23, 1986, and insurance proceeds paid to you because of the death of your spouse are received in installments, you can exclude up to $1,000 a year of the interest included in the installments. State income tax forms If you remarry, you can continue to take the exclusion. State income tax forms Surrender of policy for cash. State income tax forms   If you surrender a life insurance policy for cash, you must include in income any proceeds that are more than the cost of the life insurance policy. State income tax forms In most cases, your cost (or investment in the contract) is the total of premiums that you paid for the life insurance policy, less any refunded premiums, rebates, dividends, or unrepaid loans that were not included in your income. State income tax forms    You should receive a Form 1099-R showing the total proceeds and the taxable part. State income tax forms Report these amounts on lines 16a and 16b of Form 1040 or lines 12a and 12b of Form 1040A. State income tax forms More information. State income tax forms   For more information, see Life Insurance Proceeds in Publication 525. State income tax forms Endowment Contract Proceeds An endowment contract is a policy under which you are paid a specified amount of money on a certain date unless you die before that date, in which case, the money is paid to your designated beneficiary. State income tax forms Endowment proceeds paid in a lump sum to you at maturity are taxable only if the proceeds are more than the cost of the policy. State income tax forms To determine your cost, subtract any amount that you previously received under the contract and excluded from your income from the total premiums (or other consideration) paid for the contract. State income tax forms Include the part of the lump sum payment that is more than your cost in your income. State income tax forms Accelerated Death Benefits Certain amounts paid as accelerated death benefits under a life insurance contract or viatical settlement before the insured's death are excluded from income if the insured is terminally or chronically ill. State income tax forms Viatical settlement. State income tax forms   This is the sale or assignment of any part of the death benefit under a life insurance contract to a viatical settlement provider. State income tax forms A viatical settlement provider is a person who regularly engages in the business of buying or taking assignment of life insurance contracts on the lives of insured individuals who are terminally or chronically ill and who meets the requirements of section 101(g)(2)(B) of the Internal Revenue Code. State income tax forms Exclusion for terminal illness. State income tax forms    Accelerated death benefits are fully excludable if the insured is a terminally ill individual. State income tax forms This is a person who has been certified by a physician as having an illness or physical condition that can reasonably be expected to result in death within 24 months from the date of the certification. State income tax forms Exclusion for chronic illness. State income tax forms    If the insured is a chronically ill individual who is not terminally ill, accelerated death benefits paid on the basis of costs incurred for qualified long-term care services are fully excludable. State income tax forms Accelerated death benefits paid on a per diem or other periodic basis are excludable up to a limit. State income tax forms This limit applies to the total of the accelerated death benefits and any periodic payments received from long-term care insurance contracts. State income tax forms For information on the limit and the definitions of chronically ill individual, qualified long-term care services, and long-term care insurance contracts, see Long-Term Care Insurance Contracts under Sickness and Injury Benefits in Publication 525. State income tax forms Exception. State income tax forms   The exclusion does not apply to any amount paid to a person (other than the insured) who has an insurable interest in the life of the insured because the insured: Is a director, officer, or employee of the person, or Has a financial interest in the person's business. State income tax forms Form 8853. State income tax forms   To claim an exclusion for accelerated death benefits made on a per diem or other periodic basis, you must file Form 8853, Archer MSAs and Long-Term Care Insurance Contracts, with your return. State income tax forms You do not have to file Form 8853 to exclude accelerated death benefits paid on the basis of actual expenses incurred. State income tax forms Public Safety Officer Killed in the Line of Duty If you are a survivor of a public safety officer who was killed in the line of duty, you may be able to exclude from income certain amounts you receive. State income tax forms For this purpose, the term public safety officer includes law enforcement officers, firefighters, chaplains, and rescue squad and ambulance crew members. State income tax forms For more information, see Publication 559, Survivors, Executors, and Administrators. State income tax forms Partnership Income A partnership generally is not a taxable entity. State income tax forms The income, gains, losses, deductions, and credits of a partnership are passed through to the partners based on each partner's distributive share of these items. State income tax forms Schedule K-1 (Form 1065). State income tax forms    Although a partnership generally pays no tax, it must file an information return on Form 1065, U. State income tax forms S. State income tax forms Return of Partnership Income, and send Schedule K-1 (Form 1065) to each partner. State income tax forms In addition, the partnership will send each partner a copy of the Partner's Instructions for Schedule K-1 (Form 1065) to help each partner report his or her share of the partnership's income, deductions, credits, and tax preference items. State income tax forms Keep Schedule K-1 (Form 1065) for your records. State income tax forms Do not attach it to your Form 1040, unless you are specifically required to do so. State income tax forms For more information on partnerships, see Publication 541, Partnerships. State income tax forms Qualified joint venture. State income tax forms   If you and your spouse each materially participate as the only members of a jointly owned and operated business, and you file a joint return for the tax year, you can make a joint election to be treated as a qualified joint venture instead of a partnership. State income tax forms To make this election, you must divide all items of income, gain, loss, deduction, and credit attributable to the business between you and your spouse in accordance with your respective interests in the venture. State income tax forms For further information on how to make the election and which schedule(s) to file, see the instructions for your individual tax return. State income tax forms S Corporation Income In most cases, an S corporation does not pay tax on its income. State income tax forms Instead, the income, losses, deductions, and credits of the corporation are passed through to the shareholders based on each shareholder's pro rata share. State income tax forms Schedule K-1 (Form 1120S). State income tax forms   An S corporation must file a return on Form 1120S, U. State income tax forms S. State income tax forms Income Tax Return for an S Corporation, and send Schedule K-1 (Form 1120S) to each shareholder. State income tax forms In addition, the S corporation will send each shareholder a copy of the Shareholder's Instructions for Schedule K-1 (Form 1120S) to help each shareholder report his or her share of the S corporation's income, losses, credits, and deductions. State income tax forms Keep Schedule K-1 (Form 1120S) for your records. State income tax forms Do not attach it to your Form 1040, unless you are specifically required to do so. State income tax forms For more information on S corporations and their shareholders, see the Instructions for Form 1120S. State income tax forms Recoveries A recovery is a return of an amount you deducted or took a credit for in an earlier year. State income tax forms The most common recoveries are refunds, reimbursements, and rebates of deductions itemized on Schedule A (Form 1040). State income tax forms You also may have recoveries of non-itemized deductions (such as payments on previously deducted bad debts) and recoveries of items for which you previously claimed a tax credit. State income tax forms Tax benefit rule. State income tax forms   You must include a recovery in your income in the year you receive it up to the amount by which the deduction or credit you took for the recovered amount reduced your tax in the earlier year. State income tax forms For this purpose, any increase to an amount carried over to the current year that resulted from the deduction or credit is considered to have reduced your tax in the earlier year. State income tax forms For more information, see Publication 525. State income tax forms Federal income tax refund. State income tax forms   Refunds of federal income taxes are not included in your income because they are never allowed as a deduction from income. State income tax forms State tax refund. State income tax forms   If you received a state or local income tax refund (or credit or offset) in 2013, you generally must include it in income if you deducted the tax in an earlier year. State income tax forms The payer should send Form 1099-G, Certain Government Payments, to you by January 31, 2014. State income tax forms The IRS also will receive a copy of the Form 1099-G. State income tax forms If you file Form 1040, use the State and Local Income Tax Refund Worksheet in the 2013 Form 1040 instructions for line 10 to figure the amount (if any) to include in your income. State income tax forms See Publication 525 for when you must use another worksheet. State income tax forms   If you could choose to deduct for a tax year either: State and local income taxes, or State and local general sales taxes, then the maximum refund that you may have to include in income is limited to the excess of the tax you chose to deduct for that year over the tax you did not choose to deduct for that year. State income tax forms For examples, see Publication 525. State income tax forms Mortgage interest refund. State income tax forms    If you received a refund or credit in 2013 of mortgage interest paid in an earlier year, the amount should be shown in box 3 of your Form 1098, Mortgage Interest Statement. State income tax forms Do not subtract the refund amount from the interest you paid in 2013. State income tax forms You may have to include it in your income under the rules explained in the following discussions. State income tax forms Interest on recovery. State income tax forms   Interest on any of the amounts you recover must be reported as interest income in the year received. State income tax forms For example, report any interest you received on state or local income tax refunds on Form 1040, line 8a. State income tax forms Recovery and expense in same year. State income tax forms   If the refund or other recovery and the expense occur in the same year, the recovery reduces the deduction or credit and is not reported as income. State income tax forms Recovery for 2 or more years. State income tax forms   If you receive a refund or other recovery that is for amounts you paid in 2 or more separate years, you must allocate, on a pro rata basis, the recovered amount between the years in which you paid it. State income tax forms This allocation is necessary to determine the amount of recovery from any earlier years and to determine the amount, if any, of your allowable deduction for this item for the current year. State income tax forms For information on how to compute the allocation, see Recoveries in Publication 525. State income tax forms Itemized Deduction Recoveries If you recover any amount that you deducted in an earlier year on Schedule A (Form 1040), you generally must include the full amount of the recovery in your income in the year you receive it. State income tax forms Where to report. State income tax forms   Enter your state or local income tax refund on Form 1040, line 10, and the total of all other recoveries as other income on Form 1040, line 21. State income tax forms You cannot use Form 1040A or Form 1040EZ. State income tax forms Standard deduction limit. State income tax forms   You generally are allowed to claim the standard deduction if you do not itemize your deductions. State income tax forms Only your itemized deductions that are more than your standard deduction are subject to the recovery rule (unless you are required to itemize your deductions). State income tax forms If your total deductions on the earlier year return were not more than your income for that year, include in your income this year the lesser of: Your recoveries, or The amount by which your itemized deductions exceeded the standard deduction. State income tax forms Example. State income tax forms For 2012, you filed a joint return. State income tax forms Your taxable income was $60,000 and you were not entitled to any tax credits. State income tax forms Your standard deduction was $11,900, and you had itemized deductions of $14,000. State income tax forms In 2013, you received the following recoveries for amounts deducted on your 2012 return: Medical expenses $200 State and local income tax refund 400 Refund of mortgage interest 325 Total recoveries $925 None of the recoveries were more than the deductions taken for 2012. State income tax forms The difference between the state and local income tax you deducted and your local general sales tax was more than $400. State income tax forms Your total recoveries are less than the amount by which your itemized deductions exceeded the standard deduction ($14,000 − 11,900 = $2,100), so you must include your total recoveries in your income for 2013. State income tax forms Report the state and local income tax refund of $400 on Form 1040, line 10, and the balance of your recoveries, $525, on Form 1040, line 21. State income tax forms Standard deduction for earlier years. State income tax forms   To determine if amounts recovered in 2013 must be included in your income, you must know the standard deduction for your filing status for the year the deduction was claimed. State income tax forms Look in the instructions for your tax return from prior years to locate the standard deduction for the filing status for that prior year. State income tax forms Example. State income tax forms You filed a joint return on Form 1040 for 2012 with taxable income of $45,000. State income tax forms Your itemized deductions were $12,350. State income tax forms The standard deduction that you could have claimed was $11,900. State income tax forms In 2013, you recovered $2,100 of your 2012 itemized deductions. State income tax forms None of the recoveries were more than the actual deductions for 2012. State income tax forms Include $450 of the recoveries in your 2013 income. State income tax forms This is the smaller of your recoveries ($2,100) or the amount by which your itemized deductions were more than the standard deduction ($12,350 − $11,900 = $450). State income tax forms Recovery limited to deduction. State income tax forms   You do not include in your income any amount of your recovery that is more than the amount you deducted in the earlier year. State income tax forms The amount you include in your income is limited to the smaller of: The amount deducted on Schedule A (Form 1040), or The amount recovered. State income tax forms Example. State income tax forms During 2012 you paid $1,700 for medical expenses. State income tax forms From this amount you subtracted $1,500, which was 7. State income tax forms 5% of your adjusted gross income. State income tax forms Your actual medical expense deduction was $200. State income tax forms In 2013, you received a $500 reimbursement from your medical insurance for your 2012 expenses. State income tax forms The only amount of the $500 reimbursement that must be included in your income for 2013 is $200—the amount actually deducted. State income tax forms Other recoveries. State income tax forms   See Recoveries in Publication 525 if: You have recoveries of items other than itemized deductions, or You received a recovery for an item for which you claimed a tax credit (other than investment credit or foreign tax credit) in a prior year. State income tax forms Rents from Personal Property If you rent out personal property, such as equipment or vehicles, how you report your income and expenses is in most cases determined by: Whether or not the rental activity is a business, and Whether or not the rental activity is conducted for profit. State income tax forms In most cases, if your primary purpose is income or profit and you are involved in the rental activity with continuity and regularity, your rental activity is a business. State income tax forms See Publication 535, Business Expenses, for details on deducting expenses for both business and not-for-profit activities. State income tax forms Reporting business income and expenses. State income tax forms    If you are in the business of renting personal property, report your income and expenses on Schedule C or Schedule C-EZ (Form 1040). State income tax forms The form instructions have information on how to complete them. State income tax forms Reporting nonbusiness income. State income tax forms   If you are not in the business of renting personal property, report your rental income on Form 1040, line 21. State income tax forms List the type and amount of the income on the dotted line next to line 21. State income tax forms Reporting nonbusiness expenses. State income tax forms   If you rent personal property for profit, include your rental expenses in the total amount you enter on Form 1040, line 36. State income tax forms Also enter the amount and “PPR” on the dotted line next to line 36. State income tax forms   If you do not rent personal property for profit, your deductions are limited and you cannot report a loss to offset other income. State income tax forms See Activity not for profit , under Other Income, later. State income tax forms Repayments If you had to repay an amount that you included in your income in an earlier year, you may be able to deduct the amount repaid from your income for the year in which you repaid it. State income tax forms Or, if the amount you repaid is more than $3,000, you may be able to take a credit against your tax for the year in which you repaid it. State income tax forms Generally, you can claim a deduction or credit only if the repayment qualifies as an expense or loss incurred in your trade or business or in a for-profit transaction. State income tax forms Type of deduction. State income tax forms   The type of deduction you are allowed in the year of repayment depends on the type of income you included in the earlier year. State income tax forms You generally deduct the repayment on the same form or schedule on which you previously reported it as income. State income tax forms For example, if you reported it as self-employment income, deduct it as a business expense on Schedule C or Schedule C-EZ (Form 1040) or Schedule F (Form 1040). State income tax forms If you reported it as a capital gain, deduct it as a capital loss as explained in the Instructions for Schedule D (Form 1040). State income tax forms If you reported it as wages, unemployment compensation, or other nonbusiness income, deduct it as a miscellaneous itemized deduction on Schedule A (Form 1040). State income tax forms Repaid social security benefits. State income tax forms   If you repaid social security benefits or equivalent railroad retirement benefits, see Repayment of benefits in chapter 11. State income tax forms Repayment of $3,000 or less. State income tax forms   If the amount you repaid was $3,000 or less, deduct it from your income in the year you repaid it. State income tax forms If you must deduct it as a miscellaneous itemized deduction, enter it on Schedule A (Form 1040), line 23. State income tax forms Repayment over $3,000. State income tax forms   If the amount you repaid was more than $3,000, you can deduct the repayment (as explained under Type of deduction , earlier). State income tax forms However, you can choose instead to take a tax credit for the year of repayment if you included the income under a claim of right. State income tax forms This means that at the time you included the income, it appeared that you had an unrestricted right to it. State income tax forms If you qualify for this choice, figure your tax under both methods and compare the results. State income tax forms Use the method (deduction or credit) that results in less tax. State income tax forms When determining whether the amount you repaid was more or less than $3,000, consider the total amount being repaid on the return. State income tax forms Each instance of repayment is not considered separately. State income tax forms Method 1. State income tax forms   Figure your tax for 2013 claiming a deduction for the repaid amount. State income tax forms If you must deduct it as a miscellaneous itemized deduction, enter it on Schedule A (Form 1040), line 28. State income tax forms Method 2. State income tax forms   Figure your tax for 2013 claiming a credit for the repaid amount. State income tax forms Follow these steps. State income tax forms Figure your tax for 2013 without deducting the repaid amount. State income tax forms Refigure your tax from the earlier year without including in income the amount you repaid in 2013. State income tax forms Subtract the tax in (2) from the tax shown on your return for the earlier year. State income tax forms This is the credit. State income tax forms Subtract the answer in (3) from the tax for 2013 figured without the deduction (Step 1). State income tax forms   If method 1 results in less tax, deduct the amount repaid. State income tax forms If method 2 results in less tax, claim the credit figured in (3) above on Form 1040, line 71, by adding the amount of the credit to any other credits on this line, and entering “I. State income tax forms R. State income tax forms C. State income tax forms 1341” in the column to the right of line 71. State income tax forms   An example of this computation can be found in Publication 525. State income tax forms Repaid wages subject to social security and Medicare taxes. State income tax forms   If you had to repay an amount that you included in your wages or compensation in an earlier year on which social security, Medicare, or tier 1 RRTA taxes were paid, ask your employer to refund the excess amount to you. State income tax forms If the employer refuses to refund the taxes, ask for a statement indicating the amount of the overcollection to support your claim. State income tax forms File a claim for refund using Form 843, Claim for Refund and Request for Abatement. State income tax forms Repaid wages subject to Additional Medicare Tax. State income tax forms   Employers cannot make an adjustment or file a claim for refund for Additional Medicare Tax withholding when there is a repayment of wages received by an employee in a prior year because the employee determines liability for Additional Medicare Tax on the employee's income tax return for the prior year. State income tax forms If you had to repay an amount that you included in your wages or compensation in an earlier year, and on which Additional Medicare Tax was paid, you may be able to recover the Additional Medicare Tax paid on the amount. State income tax forms To recover Additional Medicare Tax on the repaid wages or compensation, you must file Form 1040X, Amended U. State income tax forms S. State income tax forms Individual Income Tax Return, for the prior year in which the wages or compensation were originally received. State income tax forms See the Instructions for Form 1040X. State income tax forms Royalties Royalties from copyrights, patents, and oil, gas, and mineral properties are taxable as ordinary income. State income tax forms In most cases you report royalties in Part I of Schedule E (Form 1040). State income tax forms However, if you hold an operating oil, gas, or mineral interest or are in business as a self-employed writer, inventor, artist, etc. State income tax forms , report your income and expenses on Schedule C or Schedule C-EZ (Form 1040). State income tax forms Copyrights and patents. State income tax forms   Royalties from copyrights on literary, musical, or artistic works, and similar property, or from patents on inventions, are amounts paid to you for the right to use your work over a specified period of time. State income tax forms Royalties generally are based on the number of units sold, such as the number of books, tickets to a performance, or machines sold. State income tax forms Oil, gas, and minerals. State income tax forms   Royalty income from oil, gas, and mineral properties is the amount you receive when natural resources are extracted from your property. State income tax forms The royalties are based on units, such as barrels, tons, etc. State income tax forms , and are paid to you by a person or company who leases the property from you. State income tax forms Depletion. State income tax forms   If you are the owner of an economic interest in mineral deposits or oil and gas wells, you can recover your investment through the depletion allowance. State income tax forms For information on this subject, see chapter 9 of Publication 535. State income tax forms Coal and iron ore. State income tax forms   Under certain circumstances, you can treat amounts you receive from the disposal of coal and iron ore as payments from the sale of a capital asset, rather than as royalty income. State income tax forms For information about gain or loss from the sale of coal and iron ore, see Publication 544. State income tax forms Sale of property interest. State income tax forms   If you sell your complete interest in oil, gas, or mineral rights, the amount you receive is considered payment for the sale of property used in a trade or business under section 1231, not royalty income. State income tax forms Under certain circumstances, the sale is subject to capital gain or loss treatment as explained in the Instructions for Schedule D (Form 1040). State income tax forms For more information on selling section 1231 property, see chapter 3 of Publication 544. State income tax forms   If you retain a royalty, an overriding royalty, or a net profit interest in a mineral property for the life of the property, you have made a lease or a sublease, and any cash you receive for the assignment of other interests in the property is ordinary income subject to a depletion allowance. State income tax forms Part of future production sold. State income tax forms   If you own mineral property but sell part of the future production, in most cases you treat the money you receive from the buyer at the time of the sale as a loan from the buyer. State income tax forms Do not include it in your income or take depletion based on it. State income tax forms   When production begins, you include all the proceeds in your income, deduct all the production expenses, and deduct depletion from that amount to arrive at your taxable income from the property. State income tax forms Unemployment Benefits The tax treatment of unemployment benefits you receive depends on the type of program paying the benefits. State income tax forms Unemployment compensation. State income tax forms   You must include in income all unemployment compensation you receive. State income tax forms You should receive a Form 1099-G showing in box 1 the total unemployment compensation paid to you. State income tax forms In most cases, you enter unemployment compensation on line 19 of Form 1040, line 13 of Form 1040A, or line 3 of Form 1040EZ. State income tax forms Types of unemployment compensation. State income tax forms   Unemployment compensation generally includes any amount received under an unemployment compensation law of the United States or of a state. State income tax forms It includes the following benefits. State income tax forms Benefits paid by a state or the District of Columbia from the Federal Unemployment Trust Fund. State income tax forms State unemployment insurance benefits. State income tax forms Railroad unemployment compensation benefits. State income tax forms Disability payments from a government program paid as a substitute for unemployment compensation. State income tax forms (Amounts received as workers' compensation for injuries or illness are not unemployment compensation. State income tax forms See chapter 5 for more information. State income tax forms ) Trade readjustment allowances under the Trade Act of 1974. State income tax forms Unemployment assistance under the Disaster Relief and Emergency Assistance Act. State income tax forms Unemployment assistance under the Airline Deregulation Act of 1974 Program. State income tax forms Governmental program. State income tax forms   If you contribute to a governmental unemployment compensation program and your contributions are not deductible, amounts you receive under the program are not included as unemployment compensation until you recover your contributions. State income tax forms If you deducted all of your contributions to the program, the entire amount you receive under the program is included in your income. State income tax forms Repayment of unemployment compensation. State income tax forms   If you repaid in 2013 unemployment compensation you received in 2013, subtract the amount you repaid from the total amount you received and enter the difference on line 19 of Form 1040, line 13 of Form 1040A, or line 3 of Form 1040EZ. State income tax forms On the dotted line next to your entry enter “Repaid” and the amount you repaid. State income tax forms If you repaid unemployment compensation in 2013 that you included in income in an earlier year, you can deduct the amount repaid on Schedule A (Form 1040), line 23, if you itemize deductions. State income tax forms If the amount is more than $3,000, see Repayments , earlier. State income tax forms Tax withholding. State income tax forms   You can choose to have federal income tax withheld from your unemployment compensation. State income tax forms To make this choice, complete Form W-4V, Voluntary Withholding Request, and give it to the paying office. State income tax forms Tax will be withheld at 10% of your payment. State income tax forms    If you do not choose to have tax withheld from your unemployment compensation, you may be liable for estimated tax. State income tax forms If you do not pay enough tax, either through withholding or estimated tax, or a combination of both, you may have to pay a penalty. State income tax forms For more information on estimated tax, see chapter 4. State income tax forms Supplemental unemployment benefits. State income tax forms   Benefits received from an employer-financed fund (to which the employees did not contribute) are not unemployment compensation. State income tax forms They are taxable as wages and are subject to withholding for income tax. State income tax forms They may be subject to social security and Medicare taxes. State income tax forms For more information, see Supplemental Unemployment Benefits in section 5 of Publication 15-A, Employer's Supplemental Tax Guide. State income tax forms Report these payments on line 7 of Form 1040 or Form 1040A or on line 1 of Form 1040EZ. State income tax forms Repayment of benefits. State income tax forms   You may have to repay some of your supplemental unemployment benefits to qualify for trade readjustment allowances under the Trade Act of 1974. State income tax forms If you repay supplemental unemployment benefits in the same year you receive them, reduce the total benefits by the amount you repay. State income tax forms If you repay the benefits in a later year, you must include the full amount of the benefits received in your income for the year you received them. State income tax forms   Deduct the repayment in the later year as an adjustment to gross income on Form 1040. State income tax forms (You cannot use Form 1040A or Form 1040EZ. State income tax forms ) Include the repayment on Form 1040, line 36, and enter “Sub-Pay TRA” and the amount on the dotted line next to line 36. State income tax forms If the amount you repay in a later year is more than $3,000, you may be able to take a credit against your tax for the later year instead of deducting the amount repaid. State income tax forms For more information on this, see Repayments , earlier. State income tax forms Private unemployment fund. State income tax forms   Unemployment benefit payments from a private (nonunion) fund to which you voluntarily contribute are taxable only if the amounts you receive are more than your total payments into the fund. State income tax forms Report the taxable amount on Form 1040, line 21. State income tax forms Payments by a union. State income tax forms   Benefits paid to you as an unemployed member of a union from regular union dues are included in your income on Form 1040, line 21. State income tax forms However, if you contribute to a special union fund and your payments to the fund are not deductible, the unemployment benefits you receive from the fund are includible in your income only to the extent they are more than your contributions. State income tax forms Guaranteed annual wage. State income tax forms   Payments you receive from your employer during periods of unemployment, under a union agreement that guarantees you full pay during the year, are taxable as wages. State income tax forms Include them on line 7 of Form 1040 or Form 1040A or on line 1 of Form 1040EZ. State income tax forms State employees. State income tax forms   Payments similar to a state's unemployment compensation may be made by the state to its employees who are not covered by the state's unemployment compensation law. State income tax forms Although the payments are fully taxable, do not report them as unemployment compensation. State income tax forms Report these payments on Form 1040, line 21. State income tax forms Welfare and Other Public Assistance Benefits Do not include in your income governmental benefit payments from a public welfare fund based upon need, such as payments to blind individuals under a state public assistance law. State income tax forms Payments from a state fund for the victims of crime should not be included in the victims' incomes if they are in the nature of welfare payments. State income tax forms Do not deduct medical expenses that are reimbursed by such a fund. State income tax forms You must include in your income any welfare payments that are compensation for services or that are obtained fraudulently. State income tax forms Reemployment Trade Adjustment Assistance (RTAA) payments. State income tax forms   RTAA payments received from a state must be included in your income. State income tax forms The state must send you Form 1099-G to advise you of the amount you should include in income. State income tax forms The amount should be reported on Form 1040, line 21. State income tax forms Persons with disabilities. State income tax forms   If you have a disability, you must include in income compensation you receive for services you perform unless the compensation is otherwise excluded. State income tax forms However, you do not include in income the value of goods, services, and cash that you receive, not in return for your services, but for your training and rehabilitation because you have a disability. State income tax forms Excludable amounts include payments for transportation and attendant care, such as interpreter services for the deaf, reader services for the blind, and services to help individuals with an intellectual disability do their work. State income tax forms Disaster relief grants. State income tax forms    Do not include post-disaster grants received under the Robert T. State income tax forms Stafford Disaster Relief and Emergency Assistance Act in your income if the grant payments are made to help you meet necessary expenses or serious needs for medical, dental, housing, personal property, transportation, child care, or funeral expenses. State income tax forms Do not deduct casualty losses or medical expenses that are specifically reimbursed by these disaster relief grants. State income tax forms If you have deducted a casualty loss for the loss of your personal residence and you later receive a disaster relief grant for the loss of the same residence, you may have to include part or all of the grant in your taxable income. State income tax forms See Recoveries , earlier. State income tax forms Unemployment assistance payments under the Act are taxable unemployment compensation. State income tax forms See Unemployment compensation under Unemployment Benefits, earlier. State income tax forms Disaster relief payments. State income tax forms   You can exclude from income any amount you receive that is a qualified disaster relief payment. State income tax forms A qualified disaster relief payment is an amount paid to you: To reimburse or pay reasonable and necessary personal, family, living, or funeral expenses that result from a qualified disaster; To reimburse or pay reasonable and necessary expenses incurred for the repair or rehabilitation of your home or repair or replacement of its contents to the extent it is due to a qualified disaster; By a person engaged in the furnishing or sale of transportation as a common carrier because of the death or personal physical injuries incurred as a result of a qualified disaster; or By a federal, state, or local government, or agency, or instrumentality in connection with a qualified disaster in order to promote the general welfare. State income tax forms You can exclude this amount only to the extent any expense it pays for is not paid for by insurance or otherwise. State income tax forms The exclusion does not apply if you were a participant or conspirator in a terrorist action or a representative of one. State income tax forms   A qualified disaster is: A disaster which results from a terrorist or military action; A federally declared disaster; or A disaster which results from an accident involving a common carrier, or from any other event, which is determined to be catastrophic by the Secretary of the Treasury or his or her delegate. State income tax forms   For amounts paid under item (4), a disaster is qualified if it is determined by an applicable federal, state, or local authority to warrant assistance from the federal, state, or local government, agency, or instrumentality. State income tax forms Disaster mitigation payments. State income tax forms   You also can exclude from income any amount you receive that is a qualified disaster mitigation payment. State income tax forms Qualified disaster mitigation payments are also most commonly paid to you in the period immediately following damage to property as a result of a natural disaster. State income tax forms However, disaster mitigation payments are used to mitigate (reduce the severity of) potential damage from future natural disasters. State income tax forms They are paid to you through state and local governments based on the provisions of the Robert T. State income tax forms Stafford Disaster Relief and Emergency Assistance Act or the National Flood Insurance Act. State income tax forms   You cannot increase the basis or adjusted basis of your property for improvements made with nontaxable disaster mitigation payments. State income tax forms Home Affordable Modification Program (HAMP). State income tax forms   If you benefit from Pay-for-Performance Success Payments under HAMP, the payments are not taxable. State income tax forms Mortgage assistance payments under section 235 of the National Housing Act. State income tax forms   Payments made under section 235 of the National Housing Act for mortgage assistance are not included in the homeowner's income. State income tax forms Interest paid for the homeowner under the mortgage assistance program cannot be deducted. State income tax forms Medicare. State income tax forms   Medicare benefits received under title XVIII of the Social Security Act are not includible in the gross income of the individuals for whom they are paid. State income tax forms This includes basic (part A (Hospital Insurance Benefits for the Aged)) and supplementary (part B (Supplementary Medical Insurance Benefits for the Aged)). State income tax forms Old-age, survivors, and disability insurance benefits (OASDI). State income tax forms   Generally, OASDI payments under section 202 of title II of the Social Security Act are not includible in the gross income of the individuals to whom they are paid. State income tax forms This applies to old-age insurance benefits, and insurance benefits for wives, husbands, children, widows, widowers, mothers and fathers, and parents, as well as the lump-sum death payment. State income tax forms Nutrition Program for the Elderly. State income tax forms    Food benefits you receive under the Nutrition Program for the Elderly are not taxable. State income tax forms If you prepare and serve free meals for the program, include in your income as wages the cash pay you receive, even if you are also eligible for food benefits. State income tax forms Payments to reduce cost of winter energy. State income tax forms   Payments made by a state to qualified people to reduce their cost of winter energy use are not taxable. State income tax forms Other Income The following brief discussions are arranged in alphabetical order. State income tax forms Other income items briefly discussed below are referenced to publications which provide more topical information. State income tax forms Activity not for profit. State income tax forms   You must include on your return income from an activity from which you do not expect to make a profit. State income tax forms An example of this type of activity is a hobby or a farm you operate mostly for recreation and pleasure. State income tax forms Enter this income on Form 1040, line 21. State income tax forms Deductions for expenses related to the activity are limited. State income tax forms They cannot total more than the income you report and can be taken only if you itemize deductions on Schedule A (Form 1040). State income tax forms See Not-for-Profit Activities in chapter 1 of Publication 535 for information on whether an activity is considered carried on for a profit. State income tax forms Alaska Permanent Fund dividend. State income tax forms   If you received a payment from Alaska's mineral income fund (Alaska Permanent Fund dividend), report it as income on line 21 of Form 1040, line 13 of Form 1040A, or line 3 of Form 1040EZ. State income tax forms The state of Alaska sends each recipient a document that shows the amount of the payment with the check. State income tax forms The amount also is reported to IRS. State income tax forms Alimony. State income tax forms   Include in your income on Form 1040, line 11, any alimony payments you receive. State income tax forms Amounts you receive for child support are not income to you. State income tax forms Alimony and child support payments are discussed in chapter 18. State income tax forms Bribes. State income tax forms   If you receive a bribe, include it in your income. State income tax forms Campaign contributions. State income tax forms   These contributions are not income to a candidate unless they are diverted to his or her personal use. State income tax forms To be exempt from tax, the contributions must be spent for campaign purposes or kept in a fund for use in future campaigns. State income tax forms However, interest earned on bank deposits, dividends received on contributed securities, and net gains realized on sales of contributed securities are taxable and must be reported on Form 1120-POL, U. State income tax forms S. State income tax forms Income Tax Return for Certain Political Organizations. State income tax forms Excess campaign funds transferred to an office account must be included in the officeholder's income on Form 1040, line 21, in the year transferred. State income tax forms Car pools. State income tax forms   Do not include in your income amounts you receive from the passengers for driving a car in a car pool to and from work. State income tax forms These amounts are considered reimbursement for your expenses. State income tax forms However, this rule does not apply if you have developed car pool arrangements into a profit-making business of transporting workers for hire. State income tax forms Cash rebates. State income tax forms   A cash rebate you receive from a dealer or manufacturer of an item you buy is not income, but you must reduce your basis by the amount of the rebate. State income tax forms Example. State income tax forms You buy a new car for $24,000 cash and receive a $2,000 rebate check from the manufacturer. State income tax forms The $2,000 is not income to you. State income tax forms Your basis in the car is $22,000. State income tax forms This is the basis on which you figure gain or loss if you sell the car and depreciation if you use it for business. State income tax forms Casualty insurance and other reimbursements. State income tax forms   You generally should not report these reimbursements on your return unless you are figuring gain or loss from the casualty or theft. State income tax forms See chapter 25 for more information. State income tax forms Child support payments. State income tax forms   You should not report these payments on your return. State income tax forms See chapter 18 for more information. State income tax forms Court awards and damages. State income tax forms   To determine if settlement amounts you receive by compromise or judgment must be included in your income, you must consider the item that the settlement replaces. State income tax forms The character of the income as ordinary income or capital gain depends on the nature of the underlying claim. State income tax forms Include the following as ordinary income. State income tax forms Interest on any award. State income tax forms Compensation for lost wages or lost profits in most cases. State income tax forms Punitive damages, in most cases. State income tax forms It does not matter if they relate to a physical injury or physical sickness. State income tax forms Amounts received in settlement of pension rights (if you did not contribute to the plan). State income tax forms Damages for: Patent or copyright infringement, Breach of contract, or Interference with business operations. State income tax forms Back pay and damages for emotional distress received to satisfy a claim under title VII of the Civil Rights Act of 1964. State income tax forms Attorney fees and costs (including contingent fees) where the underlying recovery is included in gross income. State income tax forms   Do not include in your income compensatory damages for personal physical injury or physical sickness (whether received in a lump sum or installments). State income tax forms Emotional distress. State income tax forms   Emotional distress itself is not a physical injury or physical sickness, but damages you receive for emotional distress due to a physical injury or sickness are treated as received for the physical injury or sickness. State income tax forms Do not include them in your income. State income tax forms   If the emotional distress is due to a personal injury that is not due to a physical injury or sickness (for example, employment discrimination or injury to reputation), you must include the damages in your income, except for any damages you receive for medical care due to that emotional distress. State income tax forms Emotional distress includes physical symptoms that result from emotional distress, such as headaches, insomnia, and stomach disorders. State income tax forms Deduction for costs involved in unlawful discrimination suits. State income tax forms   You may be able to deduct attorney fees and court costs paid to recover a judgment or settlement for a claim of unlawful discrimination under various provisions of federal, state, and local law listed in Internal Revenue Code section 62(e), a claim against the United States government, or a claim under section 1862(b)(3)(A) of the Social Security Act. State income tax forms For more information, see Publication 525. State income tax forms Credit card insurance. State income tax forms   In most cases, if you receive benefits under a credit card disability or unemployment insurance plan, the benefits are taxable to you. State income tax forms These plans make the minimum monthly payment on your credit card account if you cannot make the payment due to injury, illness, disability, or unemployment. State income tax forms Report on Form 1040, line 21, the amount of benefits you received during the year that is more than the amount of the premiums you paid during the year. State income tax forms Down payment assistance. State income tax forms   If you purchase a home and receive assistance from a nonprofit corporation to make the down payment, that assistance is not included in your income. State income tax forms If the corporation qualifies as a tax-exempt charitable organization, the assistance is treated as a gift and is included in your basis of the house. State income tax forms If the corporation does not qualify, the assistance is treated as a rebate or reduction of the purchase price and is not included in your basis. State income tax forms Employment agency fees. State income tax forms   If you get a job through an employment agency, and the fee is paid by your employer, the fee is not includible in your income if you are not liable for it. State income tax forms However, if you pay it and your employer reimburses you for it, it is includible in your income. State income tax forms Energy conservation subsidies. State income tax forms   You can exclude from gross income any subsidy provided, either directly or indirectly, by public utilities for the purchase or installation of an energy conservation measure for a dwelling unit. State income tax forms Energy conservation measure. State income tax forms   This includes installations or modifications that are primarily designed to reduce consumption of electricity or natural gas, or improve the management of energy demand. State income tax forms Dwelling unit. State income tax forms   This includes a house, apartment, condominium, mobile home, boat, or similar property. State income tax forms If a building or structure contains both dwelling and other units, any subsidy must be properly allocated. State income tax forms Estate and trust income. State income tax forms    An estate or trust, unlike a partnership, may have to pay federal income tax. State income tax forms If you are a beneficiary of an estate or trust, you may be taxed on your share of its income distributed or required to be distributed to you. State income tax forms However, there is never a double tax. State income tax forms Estates and trusts file their returns on Form 1041, U. State income tax forms S. State income tax forms Income Tax Return for Estates and Trusts, and your share of the income is reported to you on Schedule K-1 (Form 1041). State income tax forms Current income required to be distributed. State income tax forms   If you are the beneficiary of an estate or trust that must distribute all of its current income, you must report your share of the distributable net income, whether or not you actually received it. State income tax forms Current income not required to be distributed. State income tax forms    If you are the beneficiary of an estate or trust and the fiduciary has the choice of whether to distribute all or part of the current income, you must report: All income that is required to be distributed to you, whether or not it is actually distributed, plus All other amounts actually paid or credited to you, up to the amount of your share of distributable net income. State income tax forms How to report. State income tax forms   Treat each item of income the same way that the estate or trust would treat it. State income tax forms For example, if a trust's dividend income is distributed to you, you report the distribution as dividend income on your return. State income tax forms The same rule applies to distributions of tax-exempt interest and capital gains. State income tax forms   The fiduciary of the estate or trust must tell you the type of items making up your share of the estate or trust income and any credits you are allowed on your individual income tax return. State income tax forms Losses. State income tax forms   Losses of estates and trusts generally are not deductible by the beneficiaries. State income tax forms Grantor trust. State income tax forms   Income earned by a grantor trust is taxable to the grantor, not the beneficiary, if the grantor keeps certain control over the trust. State income tax forms (The grantor is the one who transferred property to the trust. State income tax forms ) This rule applies if the property (or income from the property) put into the trust will or may revert (be returned) to the grantor or the grantor's spouse. State income tax forms   Generally, a trust is a grantor trust if the grantor has a reversionary interest valued (at the date of transfer) at more than 5% of the value of the transferred property. State income tax forms Expenses paid by another. State income tax forms   If your personal expenses are paid for by another person, such as a corporation, the payment may be taxable to you depending upon your relationship with that person and the nature of the payment. State income tax forms But if the payment makes up for a loss caused by that person, and only restores you to the position you were in before the loss, the payment is not includible in your income. State income tax forms Fees for services. State income tax forms   Include all fees for your services in your income. State income tax forms Examples of these fees are amounts you receive for services you perform as: A corporate director, An executor, administrator, or personal representative of an estate, A manager of a trade or business you operated before declaring Chapter 11 bankruptcy, A notary public, or An election precinct official. State income tax forms Nonemployee compensation. State income tax forms   If you are not an employee and the fees for your services from the same payer total $600 or more for the year, you may receive a Form 1099-MISC. State income tax forms You may need to report your fees as self-employment income. State income tax forms See Self-Employed Persons , in chapter 1, for a discussion of when you are considered self-employed. State income tax forms Corporate director. State income tax forms   Corporate director fees are self-employment income. State income tax forms Report these payments on Schedule C or Schedule C-EZ (Form 1040). State income tax forms Personal representatives. State income tax forms   All personal representatives must include in their gross income fees paid to them from an estate. State income tax forms If you are not in the trade or business of being an executor (for instance, you are the executor of a friend's or relative's estate), report these fees on Form 1040, line 21. State income tax forms If you are in the trade or business of being an executor, report these fees as self-employment income on Schedule C or Schedule C-EZ (Form 1040). State income tax forms The fee is not includible in income if it is waived. State income tax forms Manager of trade or business for bankruptcy estate. State income tax forms   Include in your income all payments received from your bankruptcy estate for managing or operating a trade or business that you operated before you filed for bankruptcy. State income tax forms Report this income on Form 1040, line 21. State income tax forms Notary public. State income tax forms    Report payments for these services on Schedule C or Schedule C-EZ (Form 1040). State income tax forms These payments are not subject to self-employment tax. State income tax forms See the separate instructions for Schedule SE (Form 1040) for details. State income tax forms Election precinct official. State income tax forms    You should receive a Form W-2 showing payments for services performed as an election official or election worker. State income tax forms Report these payments on line 7 of Form 1040 or Form 1040A or on line 1 of Form 1040EZ. State income tax forms Foster care providers. State income tax forms   Payments you receive from a state, political subdivision, or a qualified foster care placement agency for providing care to qualified foster individuals in your home generally are not included in your income. State income tax forms However, you must include in your income payments received for the care of more than 5 individuals age 19 or older and certain difficulty-of-care payments. State income tax forms   A qualified foster individual is a person who: Is living in a foster family home, and Was placed there by: An agency of a state or one of its political subdivisions, or A qualified foster care placement agency. State income tax forms Difficulty-of-care payments. State income tax forms   These are additional payments that are designated by the payer as compensation for providing the additional care that is required for physically, mentally, or emotionally handicapped qualified foster individuals. State income tax forms A state must determine that the additional compensation is needed, and the care for which the payments are made must be provided in your home. State income tax forms   You must include in your income difficulty-of-care payments received for more than: 10 qualified foster individuals under age 19, or 5 qualified foster individuals age 19 or older. State income tax forms Maintaining space in home. State income tax forms   If you are paid to maintain space in your home for emergency foster care, you must include the payment in your income. State income tax forms Reporting taxable payments. State income tax forms    If you receive payments that you must include in your income, you are in business as a foster care provider and you are self-employed. State income tax forms Report the payments on Schedule C or Schedule C-EZ (Form 1040). State income tax forms See Publication 587, Business Use of Your Home, to help you determine the amount you can deduct for the use of your home. State income tax forms Found property. State income tax forms   If you find and keep property that does not belong to you that has been lost or abandoned (treasure-trove), it is taxable to you at its fair market value in the first year it is your undisputed possession. State income tax forms Free tour. State income tax forms   If you received a free tour from a travel agency for organizing a group of tourists, you must include its value in your income. State income tax forms Report the fair market value of the tour on Form 1040, line 21, if you are not in the trade or business of organizing tours. State income tax forms You cannot deduct your expenses in serving as the voluntary leader of the group at the group's request. State income tax forms If you organize tours as a trade or business, report the tour's value on Schedule C or Schedule C-EZ (Form 1040). State income tax forms Gambling winnings. State income tax forms   You must include your gambling winnings in income on Form 1040, line 21. State income tax forms If you itemize your deductions on Schedule A (Form 1040), you can deduct gambling losses you had during the year, but only up to the amount of your winnings. State income tax forms Lotteries and raffles. State income tax forms   Winnings from lotteries and raffles are gambling winnings. State income tax forms In addition to cash winnings, you must include in your income the fair market value of bonds, cars, houses, and other noncash prizes. State income tax forms    If you win a state lottery prize payable in installments, see Publication 525 for more information. State income tax forms Form W-2G. State income tax forms   You may have received a Form W-2G, Certain Gambling Winnings, showing the amount of your gambling winnings and any tax taken out of them. State income tax forms Include the amount from box 1 on Form 1040, line 21. State income tax forms Include the amount shown in box 4 on Form 1040, line 62, as federal income tax withheld. State income tax forms Reporting winnings and recordkeeping. State income tax forms   For more information on reporting gam