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Turbotax Amended Return

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Turbotax Amended Return

Turbotax amended return Publication 915 - Main Content Table of Contents Are Any of Your Benefits Taxable?Worksheet A. Turbotax amended return Exemption from withholding. Turbotax amended return How To Report Your Benefits How Much Is Taxable?Examples Lump-Sum ElectionExample Deductions Related to Your BenefitsRepayments More Than Gross Benefits Worksheets AppendixForm SSA-1099, Social Security Benefit Statement 2013 Form SSA-1042S, Social Security Benefit Statement 2013 (Nonresident Aliens) Form RRB-1099, Payments by the Railroad Retirement Board 2013 Form RRB-1042S, Payments by the Railroad Retirement Board 2013 (Nonresident Aliens) How To Get Tax HelpLow Income Taxpayer Clinics Are Any of Your Benefits Taxable? To find out whether any of your benefits shown on Forms SSA-1099 and RRB-1099 may be taxable, compare the base amount (explained later) for your filing status with the total of: One-half of your benefits, plus All your other income, including tax-exempt interest. Turbotax amended return When making this comparison, do not reduce your other income by any exclusions for: Interest from qualified U. Turbotax amended return S. Turbotax amended return savings bonds, Employer-provided adoption benefits, Foreign earned income or foreign housing, or Income earned by bona fide residents of American Samoa or Puerto Rico. Turbotax amended return Children's benefits. Turbotax amended return   The rules in this publication apply to benefits received by children. Turbotax amended return See Who is taxed , later. Turbotax amended return The SSA issues Form SSA-1099 and Form SSA-1042S. Turbotax amended return The RRB issues Form RRB-1099 and Form RRB-1042S. Turbotax amended return These forms (tax statements) report the amounts paid and repaid, and taxes withheld for a tax year. Turbotax amended return You may receive more than one of these forms for the same tax year. Turbotax amended return See the Appendix at the end of this publication for more information. Turbotax amended return Each original Form RRB-1099 or Form RRB-1042S is valid unless it has been corrected. Turbotax amended return The RRB will issue a corrected Form RRB-1099 or Form RRB-1042S if there is an error in the original. Turbotax amended return A corrected Form RRB-1099 or Form RRB-1042S is indicated as “CORRECTED” and replaces the corresponding original Form RRB-1099 or Form RRB-1042S. Turbotax amended return You must use the latest corrected Form RRB-1099 or Form RRB-1042S you received and any original Form RRB-1099 or Form RRB-1042S that the RRB has not corrected when you determine what amounts to report on your tax return. Turbotax amended return Figuring total income. Turbotax amended return   To figure the total of one-half of your benefits plus your other income, use Worksheet A, discussed later. Turbotax amended return If the total is more than your base amount, part of your benefits may be taxable. Turbotax amended return   If you are married and file a joint return for 2013, you and your spouse must combine your incomes and your benefits to figure whether any of your combined benefits are taxable. Turbotax amended return Even if your spouse did not receive any benefits, you must add your spouse's income to yours to figure whether any of your benefits are taxable. Turbotax amended return If the only income you received during 2013 was your social security or the SSEB portion of tier 1 railroad retirement benefits, your benefits generally are not taxable and you probably do not have to file a return. Turbotax amended return If you have income in addition to your benefits, you may have to file a return even if none of your benefits are taxable. Turbotax amended return Base amount. Turbotax amended return   Your base amount is: $25,000 if you are single, head of household, or qualifying widow(er), $25,000 if you are married filing separately and lived apart from your spouse for all of 2013, $32,000 if you are married filing jointly, or $-0- if you are married filing separately and lived with your spouse at any time during 2013. Turbotax amended return Worksheet A. Turbotax amended return   You can use Worksheet A to figure the amount of income to compare with your base amount. Turbotax amended return This is a quick way to check whether some of your benefits may be taxable. Turbotax amended return     Worksheet A. Turbotax amended return A Quick Way To Check if Your Benefits May Be Taxable Keep for your records A. Turbotax amended return Enter the amount from box 5 of all your Forms SSA-1099 and RRB-1099. Turbotax amended return Include the full amount of any lump-sum benefit payments received in 2013, for 2013 and earlier years. Turbotax amended return (If you received more than one form, combine the amounts from box 5 and enter the total. Turbotax amended return ) A. Turbotax amended return   Note. Turbotax amended return If the amount on line A is zero or less, stop here; none of your benefits are taxable this year. Turbotax amended return B. Turbotax amended return Enter one-half of the amount on line A B. Turbotax amended return   C. Turbotax amended return Enter your taxable pensions, wages, interest, dividends, and other taxable income C. Turbotax amended return   D. Turbotax amended return Enter any tax-exempt interest income (such as interest on municipal bonds) plus any exclusions from income (listed earlier) D. Turbotax amended return   E. Turbotax amended return Add lines B, C, and D E. Turbotax amended return   Note. Turbotax amended return Compare the amount on line E to your base amount for your filing status. Turbotax amended return If the amount on line E equals or is less than the base amount for your filing status, none of your benefits are taxable this year. Turbotax amended return If the amount on line E is more than your base amount, some of your benefits may be taxable. Turbotax amended return You need to complete Worksheet 1, shown later. Turbotax amended return If none of your benefits are taxable, but you otherwise must file a tax return, see Benefits not taxable , later, under How To Report Your Benefits . Turbotax amended return   Example. Turbotax amended return You and your spouse (both over 65) are filing a joint return for 2013 and you both received social security benefits during the year. Turbotax amended return In January 2014, you received a Form SSA-1099 showing net benefits of $7,500 in box 5. Turbotax amended return Your spouse received a Form SSA-1099 showing net benefits of $3,500 in box 5. Turbotax amended return You also received a taxable pension of $22,800 and interest income of $500. Turbotax amended return You did not have any tax-exempt interest income. Turbotax amended return Your benefits are not taxable for 2013 because your income, as figured in Worksheet A below, is not more than your base amount ($32,000) for married filing jointly. Turbotax amended return   Even though none of your benefits are taxable, you must file a return for 2013 because your taxable gross income ($23,300) exceeds the minimum filing requirement amount for your filing status. Turbotax amended return     Filled-in Worksheet A. Turbotax amended return A Quick Way To Check if Your Benefits May Be Taxable Keep for your records A. Turbotax amended return Enter the amount from box 5 of all your Forms SSA-1099 and RRB-1099. Turbotax amended return Include the full amount of any lump-sum benefit payments received in 2013, for 2013 and earlier years. Turbotax amended return (If you received more than one form, combine the amounts from box 5 and enter the total. Turbotax amended return ) A. Turbotax amended return $11,000 Note. Turbotax amended return If the amount on line A is zero or less, stop here; none of your benefits are taxable this year. Turbotax amended return B. Turbotax amended return Enter one-half of the amount on line A B. Turbotax amended return 5,500 C. Turbotax amended return Enter your taxable pensions, wages, interest, dividends, and other taxable income C. Turbotax amended return 23,300 D. Turbotax amended return Enter any tax-exempt interest income (such as interest on municipal bonds) plus any exclusions from income (listed earlier) D. Turbotax amended return -0- E. Turbotax amended return Add lines B, C, and D E. Turbotax amended return $28,800 Note. Turbotax amended return Compare the amount on line E to your base amount for your filing status. Turbotax amended return If the amount on line E equals or is less than the base amount for your filing status, none of your benefits are taxable this year. Turbotax amended return If the amount on line E is more than your base amount, some of your benefits may be taxable. Turbotax amended return You need to complete Worksheet 1, shown later. Turbotax amended return If none of your benefits are taxable, but you otherwise must file a tax return, see Benefits not taxable , later, under How To Report Your Benefits . Turbotax amended return   Who is taxed. Turbotax amended return   Benefits are included in the taxable income (to the extent they are taxable) of the person who has the legal right to receive the benefits. Turbotax amended return For example, if you and your child receive benefits, but the check for your child is made out in your name, you must use only your part of the benefits to see whether any benefits are taxable to you. Turbotax amended return One-half of the part that belongs to your child must be added to your child's other income to see whether any of those benefits are taxable to your child. Turbotax amended return Repayment of benefits. Turbotax amended return   Any repayment of benefits you made during 2013 must be subtracted from the gross benefits you received in 2013. Turbotax amended return It does not matter whether the repayment was for a benefit you received in 2013 or in an earlier year. Turbotax amended return If you repaid more than the gross benefits you received in 2013, see Repayments More Than Gross Benefits , later. Turbotax amended return   Your gross benefits are shown in box 3 of Form SSA-1099 or Form RRB-1099. Turbotax amended return Your repayments are shown in box 4. Turbotax amended return The amount in box 5 shows your net benefits for 2013 (box 3 minus box 4). Turbotax amended return Use the amount in box 5 to figure whether any of your benefits are taxable. Turbotax amended return Example. Turbotax amended return In 2012, you received $3,000 in social security benefits, and in 2013 you received $2,700. Turbotax amended return In March 2013, SSA notified you that you should have received only $2,500 in benefits in 2012. Turbotax amended return During 2013, you repaid $500 to SSA. Turbotax amended return The Form SSA-1099 you received for 2013 shows $2,700 in box 3 (gross amount) and $500 in box 4 (repayment). Turbotax amended return The amount in box 5 shows your net benefits of $2,200 ($2,700 minus $500). Turbotax amended return Tax withholding and estimated tax. Turbotax amended return   You can choose to have federal income tax withheld from your social security benefits and/or the SSEB portion of your tier 1 railroad retirement benefits. Turbotax amended return If you choose to do this, you must complete a Form W-4V, Voluntary Withholding Statement. Turbotax amended return   If you do not choose to have income tax withheld, you may have to request additional withholding from other income or pay estimated tax during the year. Turbotax amended return For details, see Publication 505, Tax Withholding and Estimated Tax, or the instructions for Form 1040-ES, Estimated Tax for Individuals. Turbotax amended return U. Turbotax amended return S. Turbotax amended return citizens residing abroad. Turbotax amended return   U. Turbotax amended return S. Turbotax amended return citizens who are residents of the following countries are exempt from U. Turbotax amended return S. Turbotax amended return tax on their benefits. Turbotax amended return Canada. Turbotax amended return Egypt. Turbotax amended return Germany. Turbotax amended return Ireland. Turbotax amended return Israel. Turbotax amended return Italy. Turbotax amended return (You must also be a citizen of Italy for the exemption to apply. Turbotax amended return ) Romania. Turbotax amended return United Kingdom. Turbotax amended return   The SSA will not withhold U. Turbotax amended return S. Turbotax amended return tax from your benefits if you are a U. Turbotax amended return S. Turbotax amended return citizen. Turbotax amended return   The RRB will withhold U. Turbotax amended return S. Turbotax amended return tax from your benefits unless you file Form RRB-1001, Nonresident Questionnaire, with the RRB to provide citizenship and residency information. Turbotax amended return If you do not file Form RRB-1001, the RRB will consider you a nonresident alien and withhold tax from your railroad retirement benefits at a 30% rate. Turbotax amended return Contact the RRB to get this form. Turbotax amended return Lawful permanent residents. Turbotax amended return   For U. Turbotax amended return S. Turbotax amended return income tax purposes, lawful permanent residents (green card holders) are considered resident aliens until their lawful permanent resident status under the immigration laws is either taken away or is administratively or judicially determined to have been abandoned. Turbotax amended return Social security benefits paid to a green card holder are not subject to 30% withholding. Turbotax amended return If you are a green card holder and tax was withheld in error on your social security benefits because you have a foreign address, the withholding tax is refundable by the Social Security Administration (SSA) or the IRS. Turbotax amended return SSA will refund taxes erroneously withheld if the refund can be processed during the same calendar year in which the tax was withheld. Turbotax amended return If SSA cannot refund the taxes withheld, you must file a Form 1040 or 1040A with the Internal Revenue Service Center, Austin, TX 73301 to determine if you are entitled to a refund. Turbotax amended return You must also attach the following information to your Form 1040 or 1040A: A copy of the Form SSA-1042S, Social Security Benefit Statement, A copy of the “green card,” and A signed declaration that includes the following statements:    “The SSA should not have withheld federal income tax from my social security benefits because I am a U. Turbotax amended return S. Turbotax amended return lawful permanent resident and my green card has been neither revoked nor administratively or judicially determined to have been abandoned. Turbotax amended return I am filing a U. Turbotax amended return S. Turbotax amended return income tax return for the tax year as a resident alien reporting all of my worldwide income. Turbotax amended return I have not claimed benefits for the tax year under an income tax treaty as a nonresident alien. Turbotax amended return ” Nonresident aliens. Turbotax amended return   A nonresident alien is an individual who is not a citizen or resident of the United States. Turbotax amended return If you are a nonresident alien, the rules discussed in this publication do not apply to you. Turbotax amended return Instead, 85% of your benefits are taxed at a 30% rate, unless exempt (or subject to a lower rate) by treaty. Turbotax amended return You will receive a Form SSA-1042S or Form RRB-1042S showing the amount of your benefits. Turbotax amended return These forms will also show the tax rate and the amount of tax withheld from your benefits. Turbotax amended return   Under tax treaties with the following countries, residents of these countries are exempt from U. Turbotax amended return S. Turbotax amended return tax on their benefits. Turbotax amended return Canada. Turbotax amended return Egypt. Turbotax amended return Germany. Turbotax amended return Ireland. Turbotax amended return Israel. Turbotax amended return Italy. Turbotax amended return Japan. Turbotax amended return Romania. Turbotax amended return United Kingdom. Turbotax amended return   Under a treaty with India, benefits paid to individuals who are both residents and nationals of India are exempt from U. Turbotax amended return S. Turbotax amended return tax if the benefits are for services performed for the United States, its subdivisions, or local government authorities. Turbotax amended return   If you are a resident of Switzerland, your total benefit amount will be taxed at a 15% rate. Turbotax amended return   For more information on whether you are a nonresident alien, see Publication 519, U. Turbotax amended return S. Turbotax amended return Tax Guide for Aliens. Turbotax amended return Exemption from withholding. Turbotax amended return   If your social security benefits are exempt from tax because you are a resident of one of the treaty countries listed, the SSA will not withhold U. Turbotax amended return S. Turbotax amended return tax from your benefits. Turbotax amended return   If your railroad retirement benefits are exempt from tax because you are a resident of one of the treaty countries listed, you can claim an exemption from withholding by filing Form RRB-1001 with the RRB. Turbotax amended return Contact the RRB to get this form. Turbotax amended return Canadian or German social security benefits paid to U. Turbotax amended return S. Turbotax amended return residents. Turbotax amended return   Under income tax treaties with Canada and Germany, social security benefits paid by those countries to U. Turbotax amended return S. Turbotax amended return residents are treated for U. Turbotax amended return S. Turbotax amended return income tax purposes as if they were paid under the social security legislation of the United States. Turbotax amended return If you receive social security benefits from Canada or Germany, include them on line 1 of Worksheet 1, shown later. Turbotax amended return How To Report Your Benefits If part of your benefits are taxable, you must use Form 1040 or Form 1040A. Turbotax amended return You cannot use Form 1040EZ. Turbotax amended return Reporting on Form 1040. Turbotax amended return   Report your net benefits (the total amount from box 5 of all your Forms SSA-1099 and Forms RRB-1099) on line 20a and the taxable part on line 20b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, also enter “D” to the right of the word “benefits” on line 20a. Turbotax amended return Reporting on Form 1040A. Turbotax amended return   Report your net benefits (the total amount from box 5 of all your Forms SSA-1099 and Forms RRB-1099) on line 14a and the taxable part on line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, also enter “D” to the right of the word “benefits” on line 14a. Turbotax amended return Benefits not taxable. Turbotax amended return   If you are filing Form 1040EZ, do not report any benefits on your tax return. Turbotax amended return If you are filing Form 1040 or Form 1040A, report your net benefits (the total amount from box 5 of all your Forms SSA-1099 and Forms RRB-1099) on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return Enter -0- on Form 1040, line 20b, or Form 1040A, line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, also enter “D” to the right of the word “benefits” on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return How Much Is Taxable? If part of your benefits are taxable, how much is taxable depends on the total amount of your benefits and other income. Turbotax amended return Generally, the higher that total amount, the greater the taxable part of your benefits. Turbotax amended return Maximum taxable part. Turbotax amended return   Generally, up to 50% of your benefits will be taxable. Turbotax amended return However, up to 85% of your benefits can be taxable if either of the following situations applies to you. Turbotax amended return The total of one-half of your benefits and all your other income is more than $34,000 ($44,000 if you are married filing jointly). Turbotax amended return You are married filing separately and lived with your spouse at any time during 2013. Turbotax amended return Which worksheet to use. Turbotax amended return   A worksheet you can use to figure your taxable benefits is in the instructions for your Form 1040 or 1040A. Turbotax amended return You can use either that worksheet or Worksheet 1 in this publication, unless any of the following situations applies to you. Turbotax amended return You contributed to a traditional individual retirement arrangement (IRA) and you or your spouse is covered by a retirement plan at work. Turbotax amended return In this situation you must use the special worksheets in Appendix B of Publication 590 to figure both your IRA deduction and your taxable benefits. Turbotax amended return Situation (1) does not apply and you take an exclusion for interest from qualified U. Turbotax amended return S. Turbotax amended return savings bonds (Form 8815), for adoption benefits (Form 8839), for foreign earned income or housing (Form 2555 or Form 2555-EZ), or for income earned in American Samoa (Form 4563) or Puerto Rico by bona fide residents. Turbotax amended return In this situation, you must use Worksheet 1 in this publication to figure your taxable benefits. Turbotax amended return You received a lump-sum payment for an earlier year. Turbotax amended return In this situation, also complete Worksheet 2 or 3 and Worksheet 4 in this publication. Turbotax amended return See Lump-Sum Election , later. Turbotax amended return Examples A few examples you can use as a guide to figure the taxable part of your benefits follow. Turbotax amended return Filled-in Worksheet 1. Turbotax amended return Figuring Your Taxable Benefits Before you begin: If you are married filing separately and you lived apart from your spouse for all of 2013, enter “D” to the right of the word “benefits” on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return Do not use this worksheet if you repaid benefits in 2013 and your total repayments (box 4 of Forms SSA-1099 and RRB-1099) were more than your gross benefits for 2013 (box 3 of Forms SSA-1099 and RRB-1099). Turbotax amended return None of your benefits are taxable for 2013. Turbotax amended return For more information, see Repayments More Than Gross Benefits . Turbotax amended return If you are filing Form 8815, Exclusion of Interest From Series EE and I U. Turbotax amended return S. Turbotax amended return Savings Bonds Issued After 1989, do not include the amount from line 8a of Form 1040 or Form 1040A on line 3 of this worksheet. Turbotax amended return Instead, include the amount from Schedule B (Form 1040A or 1040), line 2. Turbotax amended return 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099. Turbotax amended return Also enter this amount on Form 1040, line 20a, or Form 1040A, line 14a 1. Turbotax amended return $5,980         2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return 2,990     3. Turbotax amended return Combine the amounts from: Form 1040: Lines 7, 8a, 9a, 10 through 14, 15b, 16b, 17 through 19, and 21 Form 1040A: Lines 7, 8a, 9a, 10, 11b, 12b, and 13 3. Turbotax amended return 28,990     4. Turbotax amended return Enter the amount, if any, from Form 1040 or 1040A, line 8b 4. Turbotax amended return -0-     5. Turbotax amended return Enter the total of any exclusions/adjustments for: Adoption benefits (Form 8839, line 28), Foreign earned income or housing (Form 2555, lines 45 and 50, or Form 2555-EZ, line 18), and Certain income of bona fide residents of American Samoa (Form 4563, line 15) or Puerto Rico 5. Turbotax amended return -0-     6. Turbotax amended return Combine lines 2, 3, 4, and 5 6. Turbotax amended return 31,980     7. Turbotax amended return Form 1040 filers: Enter the amounts from Form 1040, lines 23 through 32, and any write-in adjustments you entered on the dotted line next to line 36. Turbotax amended return  Form 1040A filers: Enter the amounts from Form 1040A, lines 16 and 17 7. Turbotax amended return -0-     8. Turbotax amended return Is the amount on line 7 less than the amount on line 6?             No. Turbotax amended return None of your social security benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or Form 1040A, line 14b. Turbotax amended return             Yes. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return 31,980     9. Turbotax amended return If you are:  Married filing jointly, enter $32,000 Single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013, enter $25,000 9. Turbotax amended return 25,000       Note. Turbotax amended return If you are married filing separately and you lived with your spouse at any time in 2013, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then go to line 18. Turbotax amended return         10. Turbotax amended return Is the amount on line 9 less than the amount on line 8?             No. Turbotax amended return None of your benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or on Form 1040A, line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, be sure you entered “D” to the right of the word “benefits” on Form 1040, line 20a, or on Form 1040A, line 14a. Turbotax amended return             Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return 6,980     11. Turbotax amended return Enter $12,000 if married filing jointly; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013 11. Turbotax amended return 9,000     12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return -0-     13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return 6,980     14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return 3,490     15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return 2,990     16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return -0-     17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return 2,990     18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return 5,083     19. Turbotax amended return Taxable benefits. Turbotax amended return Enter the smaller of line 17 or line 18. Turbotax amended return Also enter this amount on Form 1040, line 20b, or Form 1040A, line 14b 19. Turbotax amended return $2,990       If you received a lump-sum payment in 2013 that was for an earlier year, also complete Worksheet 2 or 3 and Worksheet 4 to see if you can report a lower taxable benefit. Turbotax amended return         Example 1. Turbotax amended return George White is single and files Form 1040 for 2013. Turbotax amended return In addition to receiving social security payments, he received a fully taxable pension of $18,600, wages from a part-time job of $9,400, and taxable interest income of $990, for a total of $28,990. Turbotax amended return He received a Form SSA-1099 in January 2014 that shows his net social security benefits of $5,980 in box 5. Turbotax amended return   To figure his taxable benefits, George completes Worksheet 1, shown below. Turbotax amended return On line 20a of his Form 1040, George enters his net benefits of $5,980. Turbotax amended return On line 20b, he enters his taxable benefits of $2,990. Turbotax amended return Example 2. Turbotax amended return Ray and Alice Hopkins file a joint return on Form 1040A for 2013. Turbotax amended return Ray is retired and received a fully taxable pension of $15,500. Turbotax amended return He also received social security benefits and his Form SSA-1099 for 2013 shows net benefits of $5,600 in box 5. Turbotax amended return Alice worked during the year and had wages of $14,000. Turbotax amended return She made a deductible payment to her IRA account of $1,000. Turbotax amended return Ray and Alice have two savings accounts with a total of $250 in taxable interest income. Turbotax amended return They complete Worksheet 1, entering $29,750 ($15,500 + $14,000 + $250) on line 3. Turbotax amended return They find none of Ray's social security benefits are taxable. Turbotax amended return On Form 1040A, they enter $5,600 on line 14a and -0- on line 14b. Turbotax amended return Filled-in Worksheet 1. Turbotax amended return Figuring Your Taxable Benefits Before you begin: If you are married filing separately and you lived apart from your spouse for all of 2013, enter “D” to the right of the word “benefits” on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return Do not use this worksheet if you repaid benefits in 2013 and your total repayments (box 4 of Forms SSA-1099 and RRB-1099) were more than your gross benefits for 2013 (box 3 of Forms SSA-1099 and RRB-1099). Turbotax amended return None of your benefits are taxable for 2013. Turbotax amended return For more information, see Repayments More Than Gross Benefits . Turbotax amended return If you are filing Form 8815, Exclusion of Interest From Series EE and I U. Turbotax amended return S. Turbotax amended return Savings Bonds Issued After 1989, do not include the amount from line 8a of Form 1040 or Form 1040A on line 3 of this worksheet. Turbotax amended return Instead, include the amount from Schedule B (Form 1040A or 1040), line 2. Turbotax amended return 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099. Turbotax amended return Also enter this amount on Form 1040, line 20a, or Form 1040A, line 14a 1. Turbotax amended return $5,600         2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return 2,800     3. Turbotax amended return Combine the amounts from: Form 1040: Lines 7, 8a, 9a, 10 through 14, 15b, 16b, 17 through 19, and 21 Form 1040A: Lines 7, 8a, 9a, 10, 11b, 12b, and 13 3. Turbotax amended return 29,750     4. Turbotax amended return Enter the amount, if any, from Form 1040 or 1040A, line 8b 4. Turbotax amended return -0-     5. Turbotax amended return Enter the total of any exclusions/adjustments for: Adoption benefits (Form 8839, line 28), Foreign earned income or housing (Form 2555, lines 45 and 50, or Form 2555-EZ, line 18), and Certain income of bona fide residents of American Samoa (Form 4563, line 15) or Puerto Rico 5. Turbotax amended return -0-     6. Turbotax amended return Combine lines 2, 3, 4, and 5 6. Turbotax amended return 32,550     7. Turbotax amended return Form 1040 filers: Enter the amounts from Form 1040, lines 23 through 32, and any write-in adjustments you entered on the dotted line next to line 36. Turbotax amended return  Form 1040A filers: Enter the amounts from Form 1040A, lines 16 and 17 7. Turbotax amended return 1,000     8. Turbotax amended return Is the amount on line 7 less than the amount on line 6?             No. Turbotax amended return None of your social security benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or Form 1040A, line 14b. Turbotax amended return             Yes. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return 31,550     9. Turbotax amended return If you are:  Married filing jointly, enter $32,000 Single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013, enter $25,000 9. Turbotax amended return 32,000       Note. Turbotax amended return If you are married filing separately and you lived with your spouse at any time in 2013, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then go to line 18. Turbotax amended return         10. Turbotax amended return Is the amount on line 9 less than the amount on line 8?             No. Turbotax amended return None of your benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or on Form 1040A, line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, be sure you entered “D” to the right of the word “benefits” on Form 1040, line 20a, or on Form 1040A, line 14a. Turbotax amended return             Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return       11. Turbotax amended return Enter $12,000 if married filing jointly; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013 11. Turbotax amended return       12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return       13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return       14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return       15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return       16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return       17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return       18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return       19. Turbotax amended return Taxable benefits. Turbotax amended return Enter the smaller of line 17 or line 18. Turbotax amended return Also enter this amount on Form 1040, line 20b, or Form 1040A, line 14b 19. Turbotax amended return         If you received a lump-sum payment in 2013 that was for an earlier year, also complete Worksheet 2 or 3 and Worksheet 4 to see if you can report a lower taxable benefit. Turbotax amended return         Example 3. Turbotax amended return Joe and Betty Johnson file a joint return on Form 1040 for 2013. Turbotax amended return Joe is a retired railroad worker and in 2013 received the social security equivalent benefit (SSEB) portion of tier 1 railroad retirement benefits. Turbotax amended return Joe's Form RRB-1099 shows $10,000 in box 5. Turbotax amended return Betty is a retired government worker and received a fully taxable pension of $38,000. Turbotax amended return They had $2,300 in taxable interest income plus interest of $200 on a qualified U. Turbotax amended return S. Turbotax amended return savings bond. Turbotax amended return The savings bond interest qualified for the exclusion. Turbotax amended return They figure their taxable benefits by completing Worksheet 1 below. Turbotax amended return Because they have qualified U. Turbotax amended return S. Turbotax amended return savings bond interest, they follow the note at the beginning of the worksheet and use the amount from line 2 of their Schedule B (Form 1040A or 1040) on line 3 of the worksheet instead of the amount from line 8a of their Form 1040. Turbotax amended return On line 3 of the worksheet, they enter $40,500 ($38,000 + $2,500). Turbotax amended return More than 50% of Joe's net benefits are taxable because the income on line 8 of the worksheet ($45,500) is more than $44,000. Turbotax amended return (See Maximum taxable part under How Much Is Taxable earlier. Turbotax amended return ) Joe and Betty enter $10,000 on Form 1040, line 20a, and $6,275 on Form 1040, line 20b. Turbotax amended return Filled-in Worksheet 1. Turbotax amended return Figuring Your Taxable Benefits Before you begin: If you are married filing separately and you lived apart from your spouse for all of 2013, enter “D” to the right of the word “benefits” on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return Do not use this worksheet if you repaid benefits in 2013 and your total repayments (box 4 of Forms SSA-1099 and RRB-1099) were more than your gross benefits for 2013 (box 3 of Forms SSA-1099 and RRB-1099). Turbotax amended return None of your benefits are taxable for 2013. Turbotax amended return For more information, see Repayments More Than Gross Benefits . Turbotax amended return If you are filing Form 8815, Exclusion of Interest From Series EE and I U. Turbotax amended return S. Turbotax amended return Savings Bonds Issued After 1989, do not include the amount from line 8a of Form 1040 or Form 1040A on line 3 of this worksheet. Turbotax amended return Instead, include the amount from Schedule B (Form 1040A or 1040), line 2. Turbotax amended return 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099. Turbotax amended return Also enter this amount on Form 1040, line 20a, or Form 1040A, line 14a 1. Turbotax amended return $10,000         2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return 5,000     3. Turbotax amended return Combine the amounts from: Form 1040: Lines 7, 8a, 9a, 10 through 14, 15b, 16b, 17 through 19, and 21 Form 1040A: Lines 7, 8a, 9a, 10, 11b, 12b, and 13 3. Turbotax amended return 40,500     4. Turbotax amended return Enter the amount, if any, from Form 1040 or 1040A, line 8b 4. Turbotax amended return -0-     5. Turbotax amended return Enter the total of any exclusions/adjustments for: Adoption benefits (Form 8839, line 28), Foreign earned income or housing (Form 2555, lines 45 and 50, or Form 2555-EZ, line 18), and Certain income of bona fide residents of American Samoa (Form 4563, line 15) or Puerto Rico 5. Turbotax amended return -0-     6. Turbotax amended return Combine lines 2, 3, 4, and 5 6. Turbotax amended return 45,500     7. Turbotax amended return Form 1040 filers: Enter the amounts from Form 1040, lines 23 through 32, and any write-in adjustments you entered on the dotted line next to line 36. Turbotax amended return  Form 1040A filers: Enter the amounts from Form 1040A, lines 16 and 17 7. Turbotax amended return -0-     8. Turbotax amended return Is the amount on line 7 less than the amount on line 6?             No. Turbotax amended return None of your social security benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or Form 1040A, line 14b. Turbotax amended return             Yes. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return 45,500     9. Turbotax amended return If you are:  Married filing jointly, enter $32,000 Single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013, enter $25,000 9. Turbotax amended return 32,000       Note. Turbotax amended return If you are married filing separately and you lived with your spouse at any time in 2013, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then go to line 18. Turbotax amended return         10. Turbotax amended return Is the amount on line 9 less than the amount on line 8?             No. Turbotax amended return None of your benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or on Form 1040A, line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, be sure you entered “D” to the right of the word “benefits” on Form 1040, line 20a, or on Form 1040A, line 14a. Turbotax amended return             Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return 13,500     11. Turbotax amended return Enter $12,000 if married filing jointly; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013 11. Turbotax amended return 12,000     12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return 1,500     13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return 12,000     14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return 6,000     15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return 5,000     16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return 1,275     17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return 6,275     18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return 8,500     19. Turbotax amended return Taxable benefits. Turbotax amended return Enter the smaller of line 17 or line 18. Turbotax amended return Also enter this amount on Form 1040, line 20b, or Form 1040A, line 14b 19. Turbotax amended return $6,275       If you received a lump-sum payment in 2013 that was for an earlier year, also complete Worksheet 2 or 3 and Worksheet 4 to see if you can report a lower taxable benefit. Turbotax amended return         Filled-in Worksheet 1. Turbotax amended return Figuring Your Taxable Benefits Before you begin: If you are married filing separately and you lived apart from your spouse for all of 2013, enter “D” to the right of the word “benefits” on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return Do not use this worksheet if you repaid benefits in 2013 and your total repayments (box 4 of Forms SSA-1099 and RRB-1099) were more than your gross benefits for 2013 (box 3 of Forms SSA-1099 and RRB-1099). Turbotax amended return None of your benefits are taxable for 2013. Turbotax amended return For more information, see Repayments More Than Gross Benefits . Turbotax amended return If you are filing Form 8815, Exclusion of Interest From Series EE and I U. Turbotax amended return S. Turbotax amended return Savings Bonds Issued After 1989, do not include the amount from line 8a of Form 1040 or Form 1040A on line 3 of this worksheet. Turbotax amended return Instead, include the amount from Schedule B (Form 1040A or 1040), line 2. Turbotax amended return 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099. Turbotax amended return Also enter this amount on Form 1040, line 20a, or Form 1040A, line 14a 1. Turbotax amended return $4,000         2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return 2,000     3. Turbotax amended return Combine the amounts from: Form 1040: Lines 7, 8a, 9a, 10 through 14, 15b, 16b, 17 through 19, and 21 Form 1040A: Lines 7, 8a, 9a, 10, 11b, 12b, and 13 3. Turbotax amended return 8,000     4. Turbotax amended return Enter the amount, if any, from Form 1040 or 1040A, line 8b 4. Turbotax amended return -0-     5. Turbotax amended return Enter the total of any exclusions/adjustments for: Adoption benefits (Form 8839, line 28), Foreign earned income or housing (Form 2555, lines 45 and 50, or Form 2555-EZ, line 18), and Certain income of bona fide residents of American Samoa (Form 4563, line 15) or Puerto Rico 5. Turbotax amended return -0-     6. Turbotax amended return Combine lines 2, 3, 4, and 5 6. Turbotax amended return 10,000     7. Turbotax amended return Form 1040 filers: Enter the amounts from Form 1040, lines 23 through 32, and any write-in adjustments you entered on the dotted line next to line 36. Turbotax amended return  Form 1040A filers: Enter the amounts from Form 1040A, lines 16 and 17 7. Turbotax amended return -0-     8. Turbotax amended return Is the amount on line 7 less than the amount on line 6?             No. Turbotax amended return None of your social security benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or Form 1040A, line 14b. Turbotax amended return             Yes. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return 10,000     9. Turbotax amended return If you are:  Married filing jointly, enter $32,000 Single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013, enter $25,000 9. Turbotax amended return         Note. Turbotax amended return If you are married filing separately and you lived with your spouse at any time in 2013, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then go to line 18. Turbotax amended return         10. Turbotax amended return Is the amount on line 9 less than the amount on line 8?             No. Turbotax amended return None of your benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or on Form 1040A, line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, be sure you entered “D” to the right of the word “benefits” on Form 1040, line 20a, or on Form 1040A, line 14a. Turbotax amended return             Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return       11. Turbotax amended return Enter $12,000 if married filing jointly; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013 11. Turbotax amended return       12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return       13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return       14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return       15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return       16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return       17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return 8,500     18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return 3,400     19. Turbotax amended return Taxable benefits. Turbotax amended return Enter the smaller of line 17 or line 18. Turbotax amended return Also enter this amount on Form 1040, line 20b, or Form 1040A, line 14b 19. Turbotax amended return $3,400       If you received a lump-sum payment in 2013 that was for an earlier year, also complete Worksheet 2 or 3 and Worksheet 4 to see if you can report a lower taxable benefit. Turbotax amended return         Example 4. Turbotax amended return Bill and Eileen Jones are married and live together, but file separate Form 1040 returns for 2013. Turbotax amended return Bill earned $8,000 during 2013. Turbotax amended return The only other income he had for the year was $4,000 net social security benefits (box 5 of his Form SSA-1099). Turbotax amended return Bill figures his taxable benefits by completing Worksheet 1 below. Turbotax amended return He must include 85% of his social security benefits in his taxable income because he is married filing separately and lived with his spouse during 2013. Turbotax amended return See How Much Is Taxable earlier. Turbotax amended return Bill enters $4,000 on his Form 1040, line 20a, and $3,400 on Form 1040, line 20b. Turbotax amended return Lump-Sum Election You must include the taxable part of a lump-sum (retroactive) payment of benefits received in 2013 in your 2013 income, even if the payment includes benefits for an earlier year. Turbotax amended return This type of lump-sum benefit payment should not be confused with the lump-sum death benefit that both the SSA and RRB pay to many of their beneficiaries. Turbotax amended return No part of the lump-sum death benefit is subject to tax. Turbotax amended return Generally, you use your 2013 income to figure the taxable part of the total benefits received in 2013. Turbotax amended return However, you may be able to figure the taxable part of a lump-sum payment for an earlier year separately, using your income for the earlier year. Turbotax amended return You can elect this method if it lowers your taxable benefits. Turbotax amended return Under the lump-sum election method, you refigure the taxable part of all your benefits for the earlier year (including the lump-sum payment) using that year's income. Turbotax amended return Then you subtract any taxable benefits for that year that you previously reported. Turbotax amended return The remainder is the taxable part of the lump-sum payment. Turbotax amended return Add it to the taxable part of your benefits for 2013 (figured without the lump-sum payment for the earlier year). Turbotax amended return Because the earlier year's taxable benefits are included in your 2013 income, no adjustment is made to the earlier year's return. Turbotax amended return Do not file an amended return for the earlier year. Turbotax amended return Will the lump-sum election method lower your taxable benefits?   To find out, take the following steps. Turbotax amended return Complete Worksheet 1 in this publication. Turbotax amended return Complete Worksheet 2 and Worksheet 3 as appropriate. Turbotax amended return Use Worksheet 2 if your lump-sum payment was for a year after 1993. Turbotax amended return Use Worksheet 3 if it was for 1993 or an earlier year. Turbotax amended return Complete a separate Worksheet 2 or Worksheet 3 for each earlier year for which you received the lump-sum payment. Turbotax amended return Complete Worksheet 4. Turbotax amended return Compare the taxable benefits on line 19 of Worksheet 1 with the taxable benefits on line 21 of Worksheet 4. Turbotax amended return If the taxable benefits on Worksheet 4 are lower than the taxable benefits on Worksheet 1, you can elect to report the lower amount on your return. Turbotax amended return Making the election. Turbotax amended return   If you elect to report your taxable benefits under the lump-sum election method, follow the instructions at the bottom of Worksheet 4. Turbotax amended return Do not attach the completed worksheets to your return. Turbotax amended return Keep them with your records. Turbotax amended return    Once you elect this method of figuring the taxable part of a lump-sum payment, you can revoke your election only with the consent of the IRS. Turbotax amended return Lump-sum payment reported on Form SSA-1099 or RRB-1099. Turbotax amended return   If you received a lump-sum payment in 2013 that includes benefits for one or more earlier years after 1983, it will be included in box 3 of either Form SSA-1099 or Form RRB-1099. Turbotax amended return That part of any lump-sum payment for years before 1984 is not taxed and will not be shown on the form. Turbotax amended return The form will also show the year (or years) the payment is for. Turbotax amended return However, Form RRB-1099 will not show a breakdown by year (or years) of any lump-sum payment for years before 2011. Turbotax amended return You must contact the RRB for a breakdown by year for any amount shown in box 9. Turbotax amended return Example Jane Jackson is single. Turbotax amended return In 2012 she applied for social security disability benefits but was told she was ineligible. Turbotax amended return She appealed the decision and won. Turbotax amended return In 2013, she received a lump-sum payment of $6,000, of which $2,000 was for 2012 and $4,000 was for 2013. Turbotax amended return Jane also received $5,000 in social security benefits in 2013, so her total benefits in 2013 were $11,000. Turbotax amended return Jane's other income for 2012 and 2013 is as follows. Turbotax amended return   Income 2012 2013     Wages $20,000 $ 3,500     Interest income 2,000 2,500     Dividend income 1,000 1,500     Fully taxable pension   18,000     Total $23,000 $25,500   To see if the lump-sum election method results in lower taxable benefits, she completes Worksheets 1, 2, and 4 from this publication. Turbotax amended return She does not need to complete Worksheet 3 because her lump-sum payment was for years after 1993. Turbotax amended return Jane completes Worksheet 1 to find the amount of her taxable benefits for 2013 under the regular method. Turbotax amended return She completes Worksheet 2 to find the taxable part of the lump-sum payment for 2012 under the lump-sum election method. Turbotax amended return She completes Worksheet 4 to decide if the lump-sum election method will lower her taxable benefits. Turbotax amended return After completing the worksheets, Jane compares the amounts from Worksheet 4, line 21, and Worksheet 1, line 19. Turbotax amended return Because the amount on Worksheet 4 is smaller, she chooses to use the lump-sum election method. Turbotax amended return To do this, she prints “LSE” to the left of Form 1040, line 20a. Turbotax amended return She then enters $11,000 on Form 1040, line 20a, and her taxable benefits of $2,500 on line 20b. Turbotax amended return Jane's filled-in worksheets (1, 2, and 4) follow. Turbotax amended return Jane Jackson's Filled-in Worksheet 1. Turbotax amended return Figuring Your Taxable Benefits Before you begin: If you are married filing separately and you lived apart from your spouse for all of 2013, enter “D” to the right of the word “benefits” on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return Do not use this worksheet if you repaid benefits in 2013 and your total repayments (box 4 of Forms SSA-1099 and RRB-1099) were more than your gross benefits for 2013 (box 3 of Forms SSA-1099 and RRB-1099). Turbotax amended return None of your benefits are taxable for 2013. Turbotax amended return For more information, see Repayments More Than Gross Benefits . Turbotax amended return If you are filing Form 8815, Exclusion of Interest From Series EE and I U. Turbotax amended return S. Turbotax amended return Savings Bonds Issued After 1989, do not include the amount from line 8a of Form 1040 or Form 1040A on line 3 of this worksheet. Turbotax amended return Instead, include the amount from Schedule B (Form 1040A or 1040), line 2. Turbotax amended return 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099. Turbotax amended return Also enter this amount on Form 1040, line 20a, or Form 1040A, line 14a 1. Turbotax amended return $11,000         2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return 5,500     3. Turbotax amended return Combine the amounts from: Form 1040: Lines 7, 8a, 9a, 10 through 14, 15b, 16b, 17 through 19, and 21 Form 1040A: Lines 7, 8a, 9a, 10, 11b, 12b, and 13 3. Turbotax amended return 25,500     4. Turbotax amended return Enter the amount, if any, from Form 1040 or 1040A, line 8b 4. Turbotax amended return -0-     5. Turbotax amended return Enter the total of any exclusions/adjustments for: Adoption benefits (Form 8839, line 28), Foreign earned income or housing (Form 2555, lines 45 and 50, or Form 2555-EZ, line 18), and Certain income of bona fide residents of American Samoa (Form 4563, line 15) or Puerto Rico 5. Turbotax amended return -0-     6. Turbotax amended return Combine lines 2, 3, 4, and 5 6. Turbotax amended return 31,000     7. Turbotax amended return Form 1040 filers: Enter the amounts from Form 1040, lines 23 through 32, and any write-in adjustments you entered on the dotted line next to line 36. Turbotax amended return  Form 1040A filers: Enter the amounts from Form 1040A, lines 16 and 17 7. Turbotax amended return -0-     8. Turbotax amended return Is the amount on line 7 less than the amount on line 6?             No. Turbotax amended return None of your social security benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or Form 1040A, line 14b. Turbotax amended return             Yes. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return 31,000     9. Turbotax amended return If you are:  Married filing jointly, enter $32,000 Single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013, enter $25,000 9. Turbotax amended return 25,000       Note. Turbotax amended return If you are married filing separately and you lived with your spouse at any time in 2013, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then go to line 18. Turbotax amended return         10. Turbotax amended return Is the amount on line 9 less than the amount on line 8?             No. Turbotax amended return None of your benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or on Form 1040A, line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, be sure you entered “D” to the right of the word “benefits” on Form 1040, line 20a, or on Form 1040A, line 14a. Turbotax amended return             Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return 6,000     11. Turbotax amended return Enter $12,000 if married filing jointly; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013 11. Turbotax amended return 9,000     12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return -0-     13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return 6,000     14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return 3,000     15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return 3,000     16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return -0-     17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return 3,000     18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return 9,350     19. Turbotax amended return Taxable benefits. Turbotax amended return Enter the smaller of line 17 or line 18. Turbotax amended return Also enter this amount on Form 1040, line 20b, or Form 1040A, line 14b 19. Turbotax amended return $3,000       If you received a lump-sum payment in 2013 that was for an earlier year, also complete Worksheet 2 or 3 and Worksheet 4 to see if you can report a lower taxable benefit. Turbotax amended return         Jane Jackson's Filled-in Worksheet 2. Turbotax amended return Figure Your Additional Taxable Benefits (From a Lump-Sum Payment for a Year After 1993)     Enter earlier year 2012 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099 for the earlier year, plus the lump-sum payment for the earlier year received after that year 1. Turbotax amended return $2,000           Note. Turbotax amended return If line 1 is zero or less, skip lines 2 through 20 and enter -0- on line 21. Turbotax amended return Otherwise, go on to line 2. Turbotax amended return             2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return 1,000   3. Turbotax amended return Enter your adjusted gross income for the earlier year 3. Turbotax amended return 23,000   4. Turbotax amended return Enter the total of any exclusions/adjustments you claimed in the earlier year for: Adoption benefits (Form 8839) Qualified U. Turbotax amended return S. Turbotax amended return savings bond interest (Form 8815) Student loan interest (Form 1040, page 1, or Form 1040A, page 1) Tuition and fees (Form 1040, page 1, or Form 1040A, page 1) Domestic production activities (for 2005 through 2012) (Form 1040, page 1) Foreign earned income or housing (Form 2555 or Form 2555-EZ) Certain income of bona fide residents of American Samoa (Form 4563) or Puerto Rico 4. Turbotax amended return -0-   5. Turbotax amended return Enter any tax-exempt interest received in the earlier year 5. Turbotax amended return -0-   6. Turbotax amended return Add lines 2 through 5 6. Turbotax amended return 24,000   7. Turbotax amended return Enter your taxable benefits for the earlier year that you previously reported 7. Turbotax amended return -0-   8. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return 24,000   9. Turbotax amended return If, for the earlier year, you were:     Married filing jointly, enter $32,000 Single, head of household, qualifying widow(er), married filing separately and you lived apart from your spouse for all of the earlier year, enter $25,000 9. Turbotax amended return 25,000     Note. Turbotax amended return If you were married filing separately and you lived with your spouse at any time during the earlier year, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then go to line 18. Turbotax amended return         10. Turbotax amended return Is the amount on line 8 more than the amount on line 9?       No. Turbotax amended return Skip lines 10 through 20 and enter -0- on line 21. Turbotax amended return       Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return     11. Turbotax amended return Enter $12,000 if married filing jointly for the earlier year; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of the earlier year 11. Turbotax amended return     12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return     13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return     14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return     15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return     16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return     17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return     18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return     19. Turbotax amended return Refigured taxable benefits. Turbotax amended return Enter the smaller of line 17 or line 18 19. Turbotax amended return     20. Turbotax amended return Enter your taxable benefits for the earlier year (or as refigured due to a previous lump-sum payment for the year) 20. Turbotax amended return     21. Turbotax amended return Additional taxable benefits. Turbotax amended return Subtract line 20 from line 19. Turbotax amended return Also enter this amount on Worksheet 4, line 20 21. Turbotax amended return -0-     Do not file an amended return for this earlier year. Turbotax amended return Complete a separate Worksheet 2 or Worksheet 3 for each earlier year for which you received a lump-sum payment in 2013. Turbotax amended return   Jane Jackson's Filled-in Worksheet 4. Turbotax amended return Figure Your Taxable Benefits Under the Lump-Sum Election Method (Use With Worksheet 2 or 3)     Complete Worksheet 1 and Worksheets 2 and 3 as appropriate before completing this worksheet. Turbotax amended return 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099 for 2013, minus the lump-sum payment for years before 2013 1. Turbotax amended return $9,000         Note. Turbotax amended return If line 1 is zero or less, skip lines 2 through 18, enter -0- on line 19 and go to line 20. Turbotax amended return Otherwise, go on to line 2. Turbotax amended return           2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return 4,500   3. Turbotax amended return Enter the amount from Worksheet 1, line 3 3. Turbotax amended return 25,500   4. Turbotax amended return Enter the amount from Worksheet 1, line 4 4. Turbotax amended return -0-   5. Turbotax amended return Enter the amount from Worksheet 1, line 5 5. Turbotax amended return -0-   6. Turbotax amended return Combine lines 2, 3, 4, and 5 6. Turbotax amended return 30,000   7. Turbotax amended return Enter the amount from Worksheet 1, line 7 7. Turbotax amended return -0-   8. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return 30,000   9. Turbotax amended return Enter the amount from Worksheet 1, line 9. Turbotax amended return But if you are married filing separately and lived with your spouse at any time during 2013, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then, go to line 18 9. Turbotax amended return 25,000   10. Turbotax amended return Is the amount on line 8 more than the amount on line 9? No. Turbotax amended return Skip lines 10 through 18, enter -0- on line 19, and go to line 20. Turbotax amended return  Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return 5,000   11. Turbotax amended return Enter the amount from Worksheet 1, line 11 11. Turbotax amended return 9,000   12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return -0-   13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return 5,000   14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return 2,500   15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return 2,500   16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return -0-   17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return 2,500   18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return 7,650   19. Turbotax amended return Enter the smaller of line 17 or line 18 19. Turbotax amended return 2,500   20. Turbotax amended return Enter the total of the amounts from Worksheet 2, line 21, and Worksheet 3, line 14, for all earlier years for which the lump-sum payment was received 20. Turbotax amended return -0-   21. Turbotax amended return Taxable benefits under lump-sum election method. Turbotax amended return Add lines 19 and 20 21. Turbotax amended return $2,500   Next. Turbotax amended return Is line 21 above smaller than Worksheet 1, line 19? No. Turbotax amended return Do not use this method to figure your taxable benefits. Turbotax amended return Follow the instructions on Worksheet 1 to report your benefits. Turbotax amended return  Yes. Turbotax amended return You can elect to report your taxable benefits under this method. Turbotax amended return To elect this method:     Enter “LSE” to the left of Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return If line 21 above is zero, follow the instructions in line 10 for “No” on Worksheet 1. Turbotax amended return Otherwise: Enter the amount from Worksheet 1, line 1, on Form 1040, line 20a, or on Form 1040A, line 14a. Turbotax amended return Enter the amount from line 21 above on Form 1040, line 20b, or on Form 1040A, line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, enter “D” to the right of the word “benefits” on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return   Deductions Related to Your Benefits You may be entitled to deduct certain amounts related to the benefits you receive. Turbotax amended return Disability payments. Turbotax amended return   You may have received disability payments from your employer or an insurance company that you included as income on your tax return in an earlier year. Turbotax amended return If you received a lump-sum payment from SSA or RRB, and you had to repay the employer or insurance company for the disability payments, you can take an itemized deduction for the part of the payments you included in gross income in the earlier year. Turbotax amended return If the amount you repay is more than $3,000, you may be able to claim a tax credit instead. Turbotax amended return Claim the deduction or credit in the same way explained under Repayment of benefits received in an earlier year in the section Repayments More Than Gross Benefits , later. Turbotax amended return Legal expenses. Turbotax amended return   You can usually deduct legal expenses that you pay or incur to produce or collect taxable income or in connection with the determination, collection, or refund of any tax. Turbotax amended return   Legal expenses for collecting the taxable part of your benefits are deductible as a miscellaneous itemized deduction on Schedule A (Form 1040), line 23. Turbotax amended return Repayments More Than Gross Benefits In some situations, your Form SSA-1099 or Form RRB-1099 will show that the total benefits you repaid (box 4) are more than the gross benefits (box 3) you received. Turbotax amended return If this occurred, your net benefits in box 5 will be a negative figure (a figure in parentheses) and none of your benefits will be taxable. Turbotax amended return Do not use Worksheet 1 in this case. Turbotax amended return If you receive more than one form, a negative figure in box 5 of one form is used to offset a positive figure in box 5 of another form for that same year. Turbotax amended return If you have any questions about this negative figure, contact your local SSA office or your local RRB field office. Turbotax amended return Joint return. Turbotax amended return   If you and your spouse file a joint return, and your Form SSA-1099 or RRB-1099 has a negative figure in box 5, but your spouse's does not, subtract the amount in box 5 of your form from the amount in box 5 of your spouse's form. Turbotax amended return You do this to get your net benefits when figuring if your combined benefits are taxable. Turbotax amended return Example. Turbotax amended return John and Mary file a joint return for 2013. Turbotax amended return John received Form SSA-1099 showing $3,000 in box 5. Turbotax amended return Mary also received Form SSA-1099 and the amount in box 5 was ($500). Turbotax amended return John and Mary will use $2,500 ($3,000 minus $500) as the amount of their net benefits when figuring if any of their combined benefits are taxable. Turbotax amended return Repayment of benefits received in an earlier year. Turbotax amended return   If the total amount shown in box 5 of all of your Forms SSA-1099 and RRB-1099 is a negative figure, you can take an itemized deduction for the part of this negative figure that represents benefits you included in gross income in an earlier year. Turbotax amended return Deduction $3,000 or less. Turbotax amended return   If this deduction is $3,000 or less, it is subject to the 2%-of-adjusted-gross-income limit that applies to certain miscellaneous itemized deductions. Turbotax amended return Claim it on Schedule A (Form 1040), line 23. Turbotax amended return Deduction more than $3,000. Turbotax amended return   If this deduction is more than $3,000, you should figure your tax two ways: Figure your tax for 2013 with the itemized deduction included on Schedule A, line 28. Turbotax amended return Figure your tax for 2013 in the following steps: Figure the tax without the itemized deduction included on Schedule A, line 28. Turbotax amended return For each year after 1983 for which part of the negative figure represents a repayment of benefits, refigure your taxable benefits as if your total benefits for the year were reduced by that part of the negative figure. Turbotax amended return Then refigure the tax for that year. Turbotax amended return Subtract the total of the refigured tax amounts in (b) from the total of your actual tax amounts. Turbotax amended return Subtract the result in (c) from the result in (a). Turbotax amended return   Compare the tax figured in methods (1) and (2). Turbotax amended return Your tax for 2013 is the smaller of the two amounts. Turbotax amended return If method (1) results in less tax, take the itemized deduction on Schedule A (Form 1040), line 28. Turbotax amended return If method (2) results in less tax, claim a credit for the amount from step 2(c) above on Form 1040, line 71. Turbotax amended return Check box d and enter “I. Turbotax amended return R. Turbotax amended return C. Turbotax amended return 1341” in the space next to that box. Turbotax amended return If both methods produce the same tax, deduct the repayment on Schedule A (Form 1040), line 28. Turbotax amended return Worksheets Blank Worksheets 1 through 4 are provided in this section: Worksheet 1, Figuring Your Taxable Benefits; Worksheet 2, Figure Your Additional Taxable Benefits (From a Lump-Sum Payment for a Year After 1993); Worksheet 3, Figure Your Additional Taxable Benefits (From a Lump-Sum Payment for a Year Before 1994); Worksheet 4, Figure Your Taxable Benefits Under the Lump-Sum Election Method (Use With Worksheet 2 or 3). Turbotax amended return Worksheet 1. Turbotax amended return Figuring Your Taxable Benefits Before you begin: If you are married filing separately and you lived apart from your spouse for all of 2013, enter “D” to the right of the word “benefits” on Form 1040, line 20a, or Form 1040A, line 14a. Turbotax amended return Do not use this worksheet if you repaid benefits in 2013 and your total repayments (box 4 of Forms SSA-1099 and RRB-1099) were more than your gross benefits for 2013 (box 3 of Forms SSA-1099 and RRB-1099). Turbotax amended return None of your benefits are taxable for 2013. Turbotax amended return For more information, see Repayments More Than Gross Benefits . Turbotax amended return If you are filing Form 8815, Exclusion of Interest From Series EE and I U. Turbotax amended return S. Turbotax amended return Savings Bonds Issued After 1989, do not include the amount from line 8a of Form 1040 or Form 1040A on line 3 of this worksheet. Turbotax amended return Instead, include the amount from Schedule B (Form 1040A or 1040), line 2. Turbotax amended return 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099. Turbotax amended return Also enter this amount on Form 1040, line 20a, or Form 1040A, line 14a 1. Turbotax amended return           2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return       3. Turbotax amended return Combine the amounts from: Form 1040: Lines 7, 8a, 9a, 10 through 14, 15b, 16b, 17 through 19, and 21 Form 1040A: Lines 7, 8a, 9a, 10, 11b, 12b, and 13 3. Turbotax amended return       4. Turbotax amended return Enter the amount, if any, from Form 1040 or 1040A, line 8b 4. Turbotax amended return       5. Turbotax amended return Enter the total of any exclusions/adjustments for: Adoption benefits (Form 8839, line 28), Foreign earned income or housing (Form 2555, lines 45 and 50, or Form 2555-EZ, line 18), and Certain income of bona fide residents of American Samoa (Form 4563, line 15) or Puerto Rico 5. Turbotax amended return       6. Turbotax amended return Combine lines 2, 3, 4, and 5 6. Turbotax amended return       7. Turbotax amended return Form 1040 filers: Enter the amounts from Form 1040, lines 23 through 32, and any write-in adjustments you entered on the dotted line next to line 36. Turbotax amended return  Form 1040A filers: Enter the amounts from Form 1040A, lines 16 and 17 7. Turbotax amended return       8. Turbotax amended return Is the amount on line 7 less than the amount on line 6?             No. Turbotax amended return None of your social security benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or Form 1040A, line 14b. Turbotax amended return             Yes. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return       9. Turbotax amended return If you are:  Married filing jointly, enter $32,000 Single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013, enter $25,000 9. Turbotax amended return         Note. Turbotax amended return If you are married filing separately and you lived with your spouse at any time in 2013, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then go to line 18. Turbotax amended return         10. Turbotax amended return Is the amount on line 9 less than the amount on line 8?             No. Turbotax amended return None of your benefits are taxable. Turbotax amended return Enter -0- on Form 1040, line 20b, or on Form 1040A, line 14b. Turbotax amended return If you are married filing separately and you lived apart from your spouse for all of 2013, be sure you entered “D” to the right of the word “benefits” on Form 1040, line 20a, or on Form 1040A, line 14a. Turbotax amended return             Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return       11. Turbotax amended return Enter $12,000 if married filing jointly; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of 2013 11. Turbotax amended return       12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return       13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return       14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return       15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return       16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return       17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return       18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return       19. Turbotax amended return Taxable benefits. Turbotax amended return Enter the smaller of line 17 or line 18. Turbotax amended return Also enter this amount on Form 1040, line 20b, or Form 1040A, line 14b 19. Turbotax amended return         If you received a lump-sum payment in 2013 that was for an earlier year, also complete Worksheet 2 or 3 and Worksheet 4 to see if you can report a lower taxable benefit. Turbotax amended return         Worksheet 2. Turbotax amended return Figure Your Additional Taxable Benefits (From a Lump-Sum Payment for a Year After 1993)     Enter earlier year 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099 for the earlier year, plus the lump-sum payment for the earlier year received after that year 1. Turbotax amended return             Note. Turbotax amended return If line 1 is zero or less, skip lines 2 through 20 and enter -0- on line 21. Turbotax amended return Otherwise, go on to line 2. Turbotax amended return             2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return     3. Turbotax amended return Enter your adjusted gross income for the earlier year 3. Turbotax amended return     4. Turbotax amended return Enter the total of any exclusions/adjustments you claimed in the earlier year for: Adoption benefits (Form 8839) Qualified U. Turbotax amended return S. Turbotax amended return savings bond interest (Form 8815) Student loan interest (Form 1040, page 1, or Form 1040A, page 1) Tuition and fees (Form 1040, page 1, or Form 1040A, page 1) Domestic production activities (for 2005 through 2012) (Form 1040, page 1) Foreign earned income or housing (Form 2555 or Form 2555-EZ) Certain income of bona fide residents of American Samoa (Form 4563) or Puerto Rico 4. Turbotax amended return     5. Turbotax amended return Enter any tax-exempt interest received in the earlier year 5. Turbotax amended return     6. Turbotax amended return Add lines 2 through 5 6. Turbotax amended return     7. Turbotax amended return Enter your taxable benefits for the earlier year that you previously reported 7. Turbotax amended return     8. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return     9. Turbotax amended return If, for the earlier year, you were:     Married filing jointly, enter $32,000 Single, head of household, qualifying widow(er), married filing separately and you lived apart from your spouse for all of the earlier year, enter $25,000 9. Turbotax amended return       Note. Turbotax amended return If you were married filing separately and you lived with your spouse at any time during the earlier year, skip lines 9 through 16; multiply line 8 by 85% (. Turbotax amended return 85) and enter the result on line 17. Turbotax amended return Then go to line 18. Turbotax amended return         10. Turbotax amended return Is the amount on line 8 more than the amount on line 9?       No. Turbotax amended return Skip lines 10 through 20 and enter -0- on line 21. Turbotax amended return       Yes. Turbotax amended return Subtract line 9 from line 8 10. Turbotax amended return     11. Turbotax amended return Enter $12,000 if married filing jointly for the earlier year; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you lived apart from your spouse for all of the earlier year 11. Turbotax amended return     12. Turbotax amended return Subtract line 11 from line 10. Turbotax amended return If zero or less, enter -0- 12. Turbotax amended return     13. Turbotax amended return Enter the smaller of line 10 or line 11 13. Turbotax amended return     14. Turbotax amended return Enter one-half of line 13 14. Turbotax amended return     15. Turbotax amended return Enter the smaller of line 2 or line 14 15. Turbotax amended return     16. Turbotax amended return Multiply line 12 by 85% (. Turbotax amended return 85). Turbotax amended return If line 12 is zero, enter -0- 16. Turbotax amended return     17. Turbotax amended return Add lines 15 and 16 17. Turbotax amended return     18. Turbotax amended return Multiply line 1 by 85% (. Turbotax amended return 85) 18. Turbotax amended return     19. Turbotax amended return Refigured taxable benefits. Turbotax amended return Enter the smaller of line 17 or line 18 19. Turbotax amended return     20. Turbotax amended return Enter your taxable benefits for the earlier year (or as refigured due to a previous lump-sum payment for the year) 20. Turbotax amended return     21. Turbotax amended return Additional taxable benefits. Turbotax amended return Subtract line 20 from line 19. Turbotax amended return Also enter this amount on Worksheet 4, line 20 21. Turbotax amended return       Do not file an amended return for this earlier year. Turbotax amended return Complete a separate Worksheet 2 or Worksheet 3 for each earlier year for which you received a lump-sum payment in 2013. Turbotax amended return   Worksheet 3. Turbotax amended return Figure Your Additional Taxable Benefits (From a Lump-Sum Payment for a Year Before 1994) Enter earlier year 1. Turbotax amended return Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099 for the earlier year, plus the lump-sum payment for the earlier year received after that year 1. Turbotax amended return           Note. Turbotax amended return If line 1 is zero or less, skip lines 2 through 13 and enter -0- on line 14. Turbotax amended return Otherwise, go on to line 2. Turbotax amended return           2. Turbotax amended return Enter one-half of line 1 2. Turbotax amended return     3. Turbotax amended return Enter your adjusted gross income for the earlier year 3. Turbotax amended return     4. Turbotax amended return Enter the total of any exclusions/adjustments you claimed in the earlier year for: Qualified U. Turbotax amended return S. Turbotax amended return savings bond interest (Form 8815) Foreign earned income or housing (Form 2555 or Form 2555-EZ) Certain income of bona fide residents of American Samoa (Form 4563) or Puerto Rico 4. Turbotax amended return     5. Turbotax amended return Enter any tax-exempt interest received in the earlier year 5. Turbotax amended return     6. Turbotax amended return Add lines 2 through 5 6. Turbotax amended return     7. Turbotax amended return Enter your taxable benefits for the earlier year that you previously reported 7. Turbotax amended return     8. Turbotax amended return Subtract line 7 from line 6 8. Turbotax amended return     9. Turbotax amended return Enter $25,000 ($32,000 if married filing jointly for the earlier year; $-0- if married filing separately for the earlier year and you lived with your spouse at any time during the earlier year) 9. Turbotax amended return     10. Turbotax amended return Is the amount on line 8 more than the amount on line 9? No. Turbotax amended return Skip lines 10 through 13 and enter -0- on line 14. Turbotax amended return  Yes. Turbotax amended return Subtract line 9 from line 8. Turbotax amended return 10. Turbotax amended return     11. Turbotax amended return Enter one-half of line 10 11. Turbotax amended return     12. Turbotax amended return Refigured taxable benefits. Turbotax amended return Enter the smaller of line 2 or line 11 12. Turbotax amended return     13. Turbotax amended return Enter your taxable benefits for the earlier year (or as refigured due to a previous
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Tax Relief for Victims of Tropical Storm Irene in New Hampshire

E-file to Remain Open through Oct. 31 for Victims of Tropical Storm Irene

NH-2011-31, Sept. 8, 2011

BOSTON — Victims of Tropical Storm Irene that began on Aug. 27, 2011 in parts of New Hampshire may qualify for tax relief from the Internal Revenue Service.

The President has declared the following counties a federal disaster area: Carroll and Grafton. Individuals who reside or have a business in these counties may qualify for tax relief.

The declaration permits the IRS to postpone certain deadlines for taxpayers who reside or have a business in the disaster area. For instance, certain deadlines falling on or after Aug. 27, and on or before Oct. 31, have been postponed to Oct. 31, 2011. This includes corporations and other businesses that previously obtained an extension until Sept. 15 to file their 2010 returns, and individuals and businesses that received a similar extension until Oct. 17. It also includes the estimated tax payment for the third quarter, normally due Sept. 15.

In addition, the IRS is waiving the failure-to-deposit penalties for employment and excise tax deposits due on or after Aug. 27, and on or before Sept. 12, as long as the deposits are made by Sept. 12, 2011.

If an affected taxpayer receives a penalty notice from the IRS, the taxpayer should call the telephone number on the notice to have the IRS abate any interest and any late filing or late payment penalties that would otherwise apply. Penalties or interest will be abated only for taxpayers who have an original or extended filing, payment or deposit due date, including an extended filing or payment due date, that falls within the postponement period.

The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief. But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 1-866-562-5227 to request this tax relief.

Covered Disaster Area

The counties listed above constitute a covered disaster area for purposes of Treas. Reg. § 301.7508A-1(d)(2) and are entitled to the relief detailed below.

Affected Taxpayers

Taxpayers considered to be affected taxpayers eligible for the postponement of time to file returns, pay taxes and perform other time-sensitive acts are those taxpayers listed in Treas. Reg. § 301.7508A-1(d)(1), and include individuals who live, and businesses whose principal place of business is located, in the covered disaster area. Taxpayers not in the covered disaster area, but whose records necessary to meet a deadline listed in Treas. Reg. § 301.7508A-1(c) are in the covered disaster area, are also entitled to relief. In addition, all relief workers affiliated with a recognized government or philanthropic organization assisting in the relief activities in the covered disaster area and any individual visiting the covered disaster area who was killed or injured as a result of the disaster are entitled to relief.

Grant of Relief

Under section 7508A, the IRS gives affected taxpayers until Oct. 31 to file most tax returns (including individual, corporate, and estate and trust income tax returns; partnership returns, S corporation returns, and trust returns; estate, gift, and generation-skipping transfer tax returns; and employment and certain excise tax returns), or to make tax payments, including estimated tax payments, that have either an original or extended due date occurring on or after Aug. 27 and on or before Oct. 31.

The IRS also gives affected taxpayers until Oct. 31 to perform other time-sensitive actions described in Treas. Reg. § 301.7508A-1(c)(1) and Rev. Proc. 2007-56, 2007-34 I.R.B. 388 (Aug. 20, 2007), that are due to be performed on or after Aug. 27 and on or before Oct. 31.

This relief also includes the filing of Form 5500 series returns, in the manner described in section 8 of Rev. Proc. 2007-56. The relief described in section 17 of Rev. Proc. 2007-56, pertaining to like-kind exchanges of property, also applies to certain taxpayers who are not otherwise affected taxpayers and may include acts required to be performed before or after the period above.

The postponement of time to file and pay does not apply to information returns in the W-2, 1098, 1099 series, or to Forms 1042-S or 8027. Penalties for failure to timely file information returns can be waived under existing procedures for reasonable cause. Likewise, the postponement does not apply to employment and excise tax deposits. The IRS, however, will abate penalties for failure to make timely employment and excise tax deposits due on or after Aug. 27 and on or before Sept. 12 provided the taxpayer makes these deposits by Sept. 12.

Casualty Losses

Affected taxpayers in a federally declared disaster area have the option of claiming disaster-related casualty losses on their federal income tax return for either this year or last year. Claiming the loss on an original or amended return for last year will get the taxpayer an earlier refund, but waiting to claim the loss on this year’s return could result in a greater tax saving, depending on other income factors.

Individuals may deduct personal property losses that are not covered by insurance or other reimbursements. For details, see Form 4684 and its instructions.

Affected taxpayers claiming the disaster loss on last year’s return should put the Disaster Designation “New Hampshire/Tropical Storm Irene” at the top of the form so that the IRS can expedite the processing of the refund.

Other Relief

The IRS will waive the usual fees and expedite requests for copies of previously filed tax returns for affected taxpayers. Taxpayers should put the assigned Disaster Designation in red ink at the top of Form 4506, Request for Copy of Tax Return, or Form 4506-T, Request for Transcript of Tax Return, as appropriate, and submit it to the IRS.

Affected taxpayers who are contacted by the IRS on a collection or examination matter should explain how the disaster impacts them so that the IRS can provide appropriate consideration to their case.

Taxpayers may download forms and publications from the official IRS website, irs.gov, or order them by calling 1-800-TAX-FORM (1-800-829-3676). The IRS toll-free number for general tax questions is 1-800-829-1040.

Related Information

Page Last Reviewed or Updated: 20-Mar-2014

The Turbotax Amended Return

Turbotax amended return 5. Turbotax amended return   Taxes Table of Contents What's New Introduction Topics - This chapter discusses: Useful Items - You may want to see: When To Deduct Taxes Real Estate TaxesSeparate elections. Turbotax amended return Making the election. Turbotax amended return Form 3115. Turbotax amended return Income TaxesAccrual of contested income taxes. Turbotax amended return Employment Taxes Other TaxesAdditional Medicare Tax. Turbotax amended return What's New Additional Medicare Tax. Turbotax amended return  Beginning in 2013, you must withhold a 0. Turbotax amended return 9% Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. Turbotax amended return Also, self-employed individuals may be required to pay Additional Medicare Tax on self-employment income. Turbotax amended return See Employment Taxes , and Self-employment tax , later. Turbotax amended return Introduction You can deduct various federal, state, local, and foreign taxes directly attributable to your trade or business as business expenses. Turbotax amended return You cannot deduct federal income taxes, estate and gift taxes, or state inheritance, legacy, and succession taxes. Turbotax amended return Topics - This chapter discusses: When to deduct taxes Real estate taxes Income taxes Employment taxes Other taxes Useful Items - You may want to see: Publication 15 (Circular E), Employer's Tax Guide 334 Tax Guide for Small Business 510 Excise Taxes 538 Accounting Periods and Methods 551 Basis of Assets Form (and Instructions) Sch A (Form 1040) Itemized Deductions Sch SE (Form 1040) Self-Employment Tax 3115 Application for Change in Accounting Method 8959 Additional Medicare Tax See chapter 12 for information about getting publications and forms. Turbotax amended return When To Deduct Taxes Generally, you can only deduct taxes in the year you pay them. Turbotax amended return This applies whether you use the cash method or an accrual method of accounting. Turbotax amended return Under an accrual method, you can deduct a tax before you pay it if you meet the exception for recurring items discussed under Economic Performance in Publication 538. Turbotax amended return You can also elect to ratably accrue real estate taxes as discussed later under Real Estate Taxes . Turbotax amended return Limit on accrual of taxes. Turbotax amended return   A taxing jurisdiction can require the use of a date for accruing taxes that is earlier than the date it originally required. Turbotax amended return However, if you use an accrual method, and can deduct the tax before you pay it, use the original accrual date for the year of change and all future years to determine when you can deduct the tax. Turbotax amended return Example. Turbotax amended return Your state imposes a tax on personal property used in a trade or business conducted in the state. Turbotax amended return This tax is assessed and becomes a lien as of July 1 (accrual date). Turbotax amended return In 2013, the state changed the assessment and lien dates from July 1, 2014, to December 31, 2013, for property tax year 2014. Turbotax amended return Use the original accrual date (July 1, 2014) to determine when you can deduct the tax. Turbotax amended return You must also use the July 1 accrual date for all future years to determine when you can deduct the tax. Turbotax amended return Uniform capitalization rules. Turbotax amended return   Uniform capitalization rules apply to certain taxpayers who produce real property or tangible personal property for use in a trade or business or for sale to customers. Turbotax amended return They also apply to certain taxpayers who acquire property for resale. Turbotax amended return Under these rules, you either include certain costs in inventory or capitalize certain expenses related to the property, such as taxes. Turbotax amended return For more information, see chapter 1. Turbotax amended return Carrying charges. Turbotax amended return   Carrying charges include taxes you pay to carry or develop real estate or to carry, transport, or install personal property. Turbotax amended return You can elect to capitalize carrying charges not subject to the uniform capitalization rules if they are otherwise deductible. Turbotax amended return For more information, see chapter 7. Turbotax amended return Refunds of taxes. Turbotax amended return   If you receive a refund for any taxes you deducted in an earlier year, include the refund in income to the extent the deduction reduced your federal income tax in the earlier year. Turbotax amended return For more information, see Recovery of amount deducted (tax benefit rule) in chapter 1. Turbotax amended return    You must include in income any interest you receive on tax refunds. Turbotax amended return Real Estate Taxes Deductible real estate taxes are any state, local, or foreign taxes on real estate levied for the general public welfare. Turbotax amended return The taxing authority must base the taxes on the assessed value of the real estate and charge them uniformly against all property under its jurisdiction. Turbotax amended return Deductible real estate taxes generally do not include taxes charged for local benefits and improvements that increase the value of the property. Turbotax amended return See Taxes for local benefits , later. Turbotax amended return If you use an accrual method, you generally cannot accrue real estate taxes until you pay them to the government authority. Turbotax amended return However, you can elect to ratably accrue the taxes during the year. Turbotax amended return See Electing to ratably accrue , later. Turbotax amended return Taxes for local benefits. Turbotax amended return   Generally, you cannot deduct taxes charged for local benefits and improvements that tend to increase the value of your property. Turbotax amended return These include assessments for streets, sidewalks, water mains, sewer lines, and public parking facilities. Turbotax amended return You should increase the basis of your property by the amount of the assessment. Turbotax amended return   You can deduct taxes for these local benefits only if the taxes are for maintenance, repairs, or interest charges related to those benefits. Turbotax amended return If part of the tax is for maintenance, repairs, or interest, you must be able to show how much of the tax is for these expenses to claim a deduction for that part of the tax. Turbotax amended return Example. Turbotax amended return To improve downtown commercial business, Waterfront City converted a downtown business area street into an enclosed pedestrian mall. Turbotax amended return The city assessed the full cost of construction, financed with 10-year bonds, against the affected properties. Turbotax amended return The city is paying the principal and interest with the annual payments made by the property owners. Turbotax amended return The assessments for construction costs are not deductible as taxes or as business expenses, but are depreciable capital expenses. Turbotax amended return The part of the payments used to pay the interest charges on the bonds is deductible as taxes. Turbotax amended return Charges for services. Turbotax amended return   Water bills, sewerage, and other service charges assessed against your business property are not real estate taxes, but are deductible as business expenses. Turbotax amended return Purchase or sale of real estate. Turbotax amended return   If real estate is sold, the real estate taxes must be allocated between the buyer and the seller. Turbotax amended return   The buyer and seller must allocate the real estate taxes according to the number of days in the real property tax year (the period to which the tax imposed relates) that each owned the property. Turbotax amended return Treat the seller as paying the taxes up to but not including the date of sale. Turbotax amended return Treat the buyer as paying the taxes beginning with the date of sale. Turbotax amended return You can usually find this information on the settlement statement you received at closing. Turbotax amended return   If you (the seller) use an accrual method and have not elected to ratably accrue real estate taxes, you are considered to have accrued your part of the tax on the date you sell the property. Turbotax amended return Example. Turbotax amended return Alberto Verde, a calendar year accrual method taxpayer, owns real estate in Olmo County. Turbotax amended return He has not elected to ratably accrue property taxes. Turbotax amended return November 30 of each year is the assessment and lien date for the current real property tax year, which is the calendar year. Turbotax amended return He sold the property on June 30, 2013. Turbotax amended return Under his accounting method he would not be able to claim a deduction for the taxes because the sale occurred before November 30. Turbotax amended return He is treated as having accrued his part of the tax, 181/366  (January 1–June 29), on June 30, and he can deduct it for 2013. Turbotax amended return Electing to ratably accrue. Turbotax amended return   If you use an accrual method, you can elect to accrue real estate tax related to a definite period ratably over that period. Turbotax amended return Example. Turbotax amended return Juan Sanchez is a calendar year taxpayer who uses an accrual method. Turbotax amended return His real estate taxes for the real property tax year, July 1, 2013, to June 30, 2014, are $1,200. Turbotax amended return July 1 is the assessment and lien date. Turbotax amended return If Juan elects to ratably accrue the taxes, $600 will accrue in 2013 ($1,200 × 6/12, July 1–December 31) and the balance will accrue in 2014. Turbotax amended return Separate elections. Turbotax amended return   You can elect to ratably accrue the taxes for each separate trade or business and for nonbusiness activities if you account for them separately. Turbotax amended return Once you elect to ratably accrue real estate taxes, you must use that method unless you get permission from the IRS to change. Turbotax amended return See Form 3115 , later. Turbotax amended return Making the election. Turbotax amended return   If you elect to ratably accrue the taxes for the first year in which you incur real estate taxes, attach a statement to your income tax return for that year. Turbotax amended return The statement should show all the following items. Turbotax amended return The trades or businesses to which the election applies and the accounting method or methods used. Turbotax amended return The period to which the taxes relate. Turbotax amended return The computation of the real estate tax deduction for that first year. Turbotax amended return   Generally, you must file your return by the due date (including extensions). Turbotax amended return However, if you timely filed your return for the year without electing to ratably accrue, you can still make the election by filing an amended return within 6 months after the due date of the return (excluding extensions). Turbotax amended return Attach the statement to the amended return and write “Filed pursuant to section 301. Turbotax amended return 9100-2” on the statement. Turbotax amended return File the amended return at the same address where you filed the original return. Turbotax amended return Form 3115. Turbotax amended return    If you elect to ratably accrue real estate taxes for a year after the first year in which you incur real estate taxes, or if you want to revoke your election to ratably accrue real estate taxes, file Form 3115. Turbotax amended return For more information, including applicable time frames for filing, see the Instructions for Form 3115. Turbotax amended return Note. Turbotax amended return If you are filing an application for a change in accounting method filed after January 9, 2011, for a year of change ending after April 29, 2010, see Revenue Procedure 2011-14, 2011-4 I. Turbotax amended return R. Turbotax amended return B. Turbotax amended return 330, as modified and clarified by Revenue Procedure 2012-19, 2012-14 I. Turbotax amended return R. Turbotax amended return B. Turbotax amended return 689, and Revenue Procedure 2012-20, 2012-14 I. Turbotax amended return R. Turbotax amended return B. Turbotax amended return 700, or any successor. Turbotax amended return Revenue Procedure 2011-14 is available at  www. Turbotax amended return irs. Turbotax amended return gov/irb/2011-04IRB/ar08. Turbotax amended return html. Turbotax amended return Income Taxes This section discusses federal, state, local, and foreign income taxes. Turbotax amended return Federal income taxes. Turbotax amended return   You cannot deduct federal income taxes. Turbotax amended return State and local income taxes. Turbotax amended return   A corporation or partnership can deduct state and local income taxes imposed on the corporation or partnership as business expenses. Turbotax amended return An individual can deduct state and local income taxes only as an itemized deduction on Schedule A (Form 1040). Turbotax amended return   However, an individual can deduct a state tax on gross income (as distinguished from net income) directly attributable to a trade or business as a business expense. Turbotax amended return Accrual of contested income taxes. Turbotax amended return   If you use an accrual method, and you contest a state or local income tax liability, you must accrue and deduct any contested amount in the tax year in which the liability is finally determined. Turbotax amended return   If additional state or local income taxes for a prior year are assessed in a later year, you can deduct the taxes in the year in which they were originally imposed (the prior year) if the tax liability is not contested. Turbotax amended return You cannot deduct them in the year in which the liability is finally determined. Turbotax amended return    The filing of an income tax return is not considered a contest and, in the absence of an overt act of protest, you can deduct the tax in the prior year. Turbotax amended return Also, you can deduct any additional taxes in the prior year if you do not show some affirmative evidence of denial of the liability. Turbotax amended return   However, if you consistently deduct additional assessments in the year they are paid or finally determined (including those for which there was no contest), you must continue to do so. Turbotax amended return You cannot take a deduction in the earlier year unless you receive permission to change your method of accounting. Turbotax amended return For more information on accounting methods, see When Can I Deduct an Expense in chapter 1. Turbotax amended return Foreign income taxes. Turbotax amended return   Generally, you can take either a deduction or a credit for income taxes imposed on you by a foreign country or a U. Turbotax amended return S. Turbotax amended return possession. Turbotax amended return However, an individual cannot take a deduction or credit for foreign income taxes paid on income that is exempt from U. Turbotax amended return S. Turbotax amended return tax under the foreign earned income exclusion or the foreign housing exclusion. Turbotax amended return For information on these exclusions, see Publication 54, Tax Guide for U. Turbotax amended return S. Turbotax amended return Citizens and Resident Aliens Abroad. Turbotax amended return For information on the foreign tax credit, see Publication 514, Foreign Tax Credit for Individuals. Turbotax amended return Employment Taxes If you have employees, you must withhold various taxes from your employees' pay. Turbotax amended return Most employers must withhold their employees' share of social security, Medicare taxes, and Additional Medicare Tax (if applicable) along with state and federal income taxes. Turbotax amended return You may also need to pay certain employment taxes from your own funds. Turbotax amended return These include your share of social security and Medicare taxes as an employer, along with unemployment taxes. Turbotax amended return Note. Turbotax amended return Additional Medicare Tax is only imposed on the employee. Turbotax amended return There is no employer share of Additional Medicare Tax. Turbotax amended return Your deduction for wages paid is not reduced by the social security and Medicare taxes, Additional Medicare Tax, and income taxes you withhold from your employees. Turbotax amended return You can deduct the employment taxes you must pay from your own funds as taxes. Turbotax amended return Example. Turbotax amended return You pay your employee $18,000 a year. Turbotax amended return However, after you withhold various taxes, your employee receives $14,500. Turbotax amended return You also pay an additional $1,500 in employment taxes. Turbotax amended return You should deduct the full $18,000 as wages. Turbotax amended return You can deduct the $1,500 you pay from your own funds as taxes. Turbotax amended return For more information on employment taxes, see Publication 15 (Circular E). Turbotax amended return Unemployment fund taxes. Turbotax amended return   As an employer, you may have to make payments to a state unemployment compensation fund or to a state disability benefit fund. Turbotax amended return Deduct these payments as taxes. Turbotax amended return Other Taxes The following are other taxes you can deduct if you incur them in the ordinary course of your trade or business. Turbotax amended return Excise taxes. Turbotax amended return   Generally, you can deduct as a business expense all excise taxes that are ordinary and necessary expenses of carrying on your trade or business. Turbotax amended return However, see Fuel taxes , later. Turbotax amended return   For more information on excise taxes, see Publication 510. Turbotax amended return Franchise taxes. Turbotax amended return   You can deduct corporate franchise taxes as a business expense. Turbotax amended return Fuel taxes. Turbotax amended return   Generally, taxes on gasoline, diesel fuel, and other motor fuels that you use in your business are included as part of the cost of the fuel. Turbotax amended return Do not deduct these taxes as a separate item. Turbotax amended return   You may be entitled to a credit or refund for federal excise tax you paid on fuels used for certain purposes. Turbotax amended return For more information, see Publication 510. Turbotax amended return Occupational taxes. Turbotax amended return   You can deduct as a business expense an occupational tax charged at a flat rate by a locality for the privilege of working or conducting a business in the locality. Turbotax amended return Personal property tax. Turbotax amended return   You can deduct any tax imposed by a state or local government on personal property used in your trade or business. Turbotax amended return Sales tax. Turbotax amended return   Treat any sales tax you pay on a service or on the purchase or use of property as part of the cost of the service or property. Turbotax amended return If the service or the cost or use of the property is a deductible business expense, you can deduct the tax as part of that service or cost. Turbotax amended return If the property is merchandise bought for resale, the sales tax is part of the cost of the merchandise. Turbotax amended return If the property is depreciable, add the sales tax to the basis for depreciation. Turbotax amended return For more information on basis, see Publication 551. Turbotax amended return    Do not deduct state and local sales taxes imposed on the buyer that you must collect and pay over to the state or local government. Turbotax amended return Also, do not include these taxes in gross receipts or sales. Turbotax amended return Self-employment tax. Turbotax amended return   You can deduct part of your self-employment tax as a business expense in figuring your adjusted gross income. Turbotax amended return This deduction only affects your income tax. Turbotax amended return It does not affect your net earnings from self-employment or your self-employment tax. Turbotax amended return   To deduct the tax, enter on Form 1040, line 27, the amount shown on the Deduction for one-half of self-employment tax line of Schedule SE (Form 1040). Turbotax amended return   For more information on self-employment tax, see Publication 334. Turbotax amended return Additional Medicare Tax. Turbotax amended return   Beginning in 2013, you may be required to pay Additional Medicare Tax on self-employment income. Turbotax amended return See Form 8959 and the Instructions for Form 8959 for more information on the Additional Medicare Tax. Turbotax amended return Prev  Up  Next   Home   More Online Publications