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Turbotax Premier Federal E File State 2012 For Pc Download

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Turbotax Premier Federal E File State 2012 For Pc Download

Turbotax premier federal e file state 2012 for pc download 1. Turbotax premier federal e file state 2012 for pc download   Scholarships, Fellowships, Grants, and Tuition Reductions Table of Contents Reminder Introduction Scholarships and FellowshipsTax-Free Scholarships and Fellowships Taxable Scholarships and Fellowships Reporting Scholarships and Fellowships Other Types of Educational AssistanceFulbright Grants Pell Grants and Other Title IV Need-Based Education Grants Payment to Service Academy Cadets Veterans' Benefits Qualified Tuition Reduction Reminder Individual retirement arrangements (IRAs). Turbotax premier federal e file state 2012 for pc download  You can set up and make contributions to an IRA if you receive taxable compensation. Turbotax premier federal e file state 2012 for pc download Under this rule, a taxable scholarship or fellowship is compensation only if it is shown in box 1 of your Form W-2, Wage and Tax Statement. Turbotax premier federal e file state 2012 for pc download For more information about IRAs, see Publication 590. Turbotax premier federal e file state 2012 for pc download Introduction This chapter discusses the income tax treatment of various types of educational assistance you may receive if you are studying, teaching, or researching in the United States. Turbotax premier federal e file state 2012 for pc download The educational assistance can be for a primary or secondary school, a college or university, or a vocational school. Turbotax premier federal e file state 2012 for pc download Included are discussions of: Scholarships, Fellowships, Need-based education grants, such as a Pell Grant, and Qualified tuition reductions. Turbotax premier federal e file state 2012 for pc download Many types of educational assistance are tax free if they meet the requirements discussed here. Turbotax premier federal e file state 2012 for pc download Special rules apply to U. Turbotax premier federal e file state 2012 for pc download S. Turbotax premier federal e file state 2012 for pc download citizens and resident aliens who have received scholarships or fellowships for studying, teaching, or researching abroad. Turbotax premier federal e file state 2012 for pc download For information about these rules, see Publication 54, Tax Guide for U. Turbotax premier federal e file state 2012 for pc download S. Turbotax premier federal e file state 2012 for pc download Citizens and Resident Aliens Abroad. Turbotax premier federal e file state 2012 for pc download Scholarships and Fellowships A scholarship is generally an amount paid or allowed to, or for the benefit of, a student (whether an undergraduate or a graduate) at an educational institution to aid in the pursuit of his or her studies. Turbotax premier federal e file state 2012 for pc download A fellowship is generally an amount paid for the benefit of an individual to aid in the pursuit of study or research. Turbotax premier federal e file state 2012 for pc download Amount of scholarship or fellowship. Turbotax premier federal e file state 2012 for pc download   The amount of a scholarship or fellowship includes the following: The value of contributed services and accommodations. Turbotax premier federal e file state 2012 for pc download This includes such services and accommodations as room (lodging), board (meals), laundry service, and similar services or accommodations that are received by an individual as a part of a scholarship or fellowship. Turbotax premier federal e file state 2012 for pc download The amount of tuition, matriculation, and other fees that are paid or remitted to the student to aid the student in pursuing study or research. Turbotax premier federal e file state 2012 for pc download Any amount received in the nature of a family allowance as a part of a scholarship or fellowship. Turbotax premier federal e file state 2012 for pc download Tax-Free Scholarships and Fellowships A scholarship or fellowship is tax free (excludable from gross income) only if you are a candidate for a degree at an eligible educational institution. Turbotax premier federal e file state 2012 for pc download A scholarship or fellowship is tax free only to the extent: It does not exceed your expenses; It is not designated or earmarked for other purposes (such as room and board), and does not require (by its terms) that it cannot be used for qualified education expenses; and It does not represent payment for teaching, research, or other services required as a condition for receiving the scholarship. Turbotax premier federal e file state 2012 for pc download (But for exceptions, see Payment for services,later. Turbotax premier federal e file state 2012 for pc download Use Worksheet 1–1 to figure the amount of a scholarship or fellowship you can exclude from gross income. Turbotax premier federal e file state 2012 for pc download Candidate for a degree. Turbotax premier federal e file state 2012 for pc download   You are a candidate for a degree if you: Attend a primary or secondary school or are pursuing a degree at a college or university, or Attend an educational institution that: Provides a program that is acceptable for full credit toward a bachelor's or higher degree, or offers a program of training to prepare students for gainful employment in a recognized occupation; and Is authorized under federal or state law to provide such a program and is accredited by a nationally recognized accreditation agency. Turbotax premier federal e file state 2012 for pc download Eligible educational institution. Turbotax premier federal e file state 2012 for pc download   An eligible educational institution is one whose primary function is the presentation of formal instruction and that normally maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where it carries on its educational activities. Turbotax premier federal e file state 2012 for pc download Qualified education expenses. Turbotax premier federal e file state 2012 for pc download   For purposes of tax-free scholarships and fellowships, these are expenses for: Tuition and fees required to enroll at or attend an eligible educational institution, and Course-related expenses, such as fees, books, supplies, and equipment that are required for the courses at the eligible educational institution. Turbotax premier federal e file state 2012 for pc download These items must be required of all students in your course of instruction. Turbotax premier federal e file state 2012 for pc download Expenses that do not qualify. Turbotax premier federal e file state 2012 for pc download   Qualified education expenses do not include the cost of: Room and board, Travel, Research, Clerical help, or Equipment and other expenses that are not required for enrollment in or attendance at an eligible educational institution. Turbotax premier federal e file state 2012 for pc download Payment for services. Turbotax premier federal e file state 2012 for pc download   Generally, you cannot exclude from your gross income the part of any scholarship or fellowship that represents payment for teaching, research, or other services required as a condition for receiving the scholarship. Turbotax premier federal e file state 2012 for pc download This applies even if all candidates for a degree must perform the services to receive the degree. Turbotax premier federal e file state 2012 for pc download (See exceptions next. Turbotax premier federal e file state 2012 for pc download ) Exceptions. Turbotax premier federal e file state 2012 for pc download   You do not have to treat as payment for services the part of any scholarship or fellowship that represents payment for teaching, research, or other services if you receive the amount under: The National Health Service Corps Scholarship Program, or The Armed Forces Health Professions Scholarship and Financial Assistance Program. Turbotax premier federal e file state 2012 for pc download Example 1. Turbotax premier federal e file state 2012 for pc download You received a scholarship of $2,500. Turbotax premier federal e file state 2012 for pc download The scholarship was not received under either of the exceptions mentioned above. Turbotax premier federal e file state 2012 for pc download As a condition for receiving the scholarship, you must serve as a part-time teaching assistant. Turbotax premier federal e file state 2012 for pc download Of the $2,500 scholarship, $1,000 represents payment for teaching. Turbotax premier federal e file state 2012 for pc download The provider of your scholarship gives you a Form W-2 showing $1,000 as income. Turbotax premier federal e file state 2012 for pc download Your qualified education expenses were at least $1,500. Turbotax premier federal e file state 2012 for pc download Assuming that all other conditions are met, $1,500 of your scholarship is tax free. Turbotax premier federal e file state 2012 for pc download The $1,000 you received for teaching is taxable. Turbotax premier federal e file state 2012 for pc download Example 2. Turbotax premier federal e file state 2012 for pc download You are a candidate for a degree at a medical school. Turbotax premier federal e file state 2012 for pc download You receive a scholarship (not under either of the exceptions mentioned above) for your medical education and training. Turbotax premier federal e file state 2012 for pc download The terms of your scholarship require you to perform future services. Turbotax premier federal e file state 2012 for pc download A substantial penalty applies if you do not comply. Turbotax premier federal e file state 2012 for pc download The entire amount of your grant is taxable as payment for services in the year it is received. Turbotax premier federal e file state 2012 for pc download Athletic Scholarships An athletic scholarship is tax free only if and to the extent it meets the requirements discussed later. Turbotax premier federal e file state 2012 for pc download Worksheet 1-1. Turbotax premier federal e file state 2012 for pc download    You can use Worksheet 1-1, Taxable Scholarship and Fellowship Income , later, to figure the tax-free and taxable parts of your athletic scholarship. Turbotax premier federal e file state 2012 for pc download    Worksheet 1-1. Turbotax premier federal e file state 2012 for pc download Taxable Scholarship and Fellowship Income 1. Turbotax premier federal e file state 2012 for pc download Enter the total amount of any scholarship or fellowship for 2013. Turbotax premier federal e file state 2012 for pc download See Amount of scholarship or fellowship, earlier. Turbotax premier federal e file state 2012 for pc download 1. Turbotax premier federal e file state 2012 for pc download       If you are a degree candidate at an eligible educational institution, go to line 2. Turbotax premier federal e file state 2012 for pc download If you are not a degree candidate at an eligible educational institution, stop here. Turbotax premier federal e file state 2012 for pc download The entire amount is taxable. Turbotax premier federal e file state 2012 for pc download For information on how to report this amount on your tax return, see Reporting Scholarships and Fellowships , earlier, in this chapter. Turbotax premier federal e file state 2012 for pc download       2. Turbotax premier federal e file state 2012 for pc download Enter the amount from line 1 that was for teaching, research, or any other services required as a condition for receiving the scholarship. Turbotax premier federal e file state 2012 for pc download (Do not include amounts received for these items under the National Health Service Corps Scholarship Program or the Armed Forces Health Professions Scholarship and Financial Assistance Program. Turbotax premier federal e file state 2012 for pc download ) 2. Turbotax premier federal e file state 2012 for pc download     3. Turbotax premier federal e file state 2012 for pc download Subtract line 2 from line 1 3. Turbotax premier federal e file state 2012 for pc download     4. Turbotax premier federal e file state 2012 for pc download Enter the amount from line 3 that your scholarship or fellowship required you to use for other than qualified education expenses 4. Turbotax premier federal e file state 2012 for pc download     5. Turbotax premier federal e file state 2012 for pc download Subtract line 4 from line 3 5. Turbotax premier federal e file state 2012 for pc download     6. Turbotax premier federal e file state 2012 for pc download Enter the amount of your qualified education expenses 6. Turbotax premier federal e file state 2012 for pc download     7. Turbotax premier federal e file state 2012 for pc download Enter the smaller of line 5 or line 6. Turbotax premier federal e file state 2012 for pc download This amount is the most you can exclude from your gross income (the tax-free part of the scholarship or fellowship) 7. Turbotax premier federal e file state 2012 for pc download     8. Turbotax premier federal e file state 2012 for pc download Subtract line 7 from line 5 8. Turbotax premier federal e file state 2012 for pc download     9. Turbotax premier federal e file state 2012 for pc download Taxable part. Turbotax premier federal e file state 2012 for pc download Add lines 2, 4, and 8. Turbotax premier federal e file state 2012 for pc download See Reporting Scholarships and Fellowships , earlier, for how to report this amount on your tax return 9. Turbotax premier federal e file state 2012 for pc download     Taxable Scholarships and Fellowships If and to the extent your scholarship or fellowship does not meet the requirements described earlier, it is taxable and must be included in gross income. Turbotax premier federal e file state 2012 for pc download You can use Worksheet 1–1, Taxable Scholarship and Fellowship Income, later, to figure the tax-free and taxable parts of your scholarship or fellowship. Turbotax premier federal e file state 2012 for pc download Reporting Scholarships and Fellowships Whether you must report your scholarship or fellowship depends on whether you must file a return and whether any part of your scholarship or fellowship is taxable. Turbotax premier federal e file state 2012 for pc download If your only income is a completely tax-free scholarship or fellowship, you do not have to file a tax return and no reporting is necessary. Turbotax premier federal e file state 2012 for pc download If all or part of your scholarship or fellowship is taxable and you are required to file a tax return, report the taxable amount as explained below. Turbotax premier federal e file state 2012 for pc download You must report the taxable amount whether or not you received a Form W-2. Turbotax premier federal e file state 2012 for pc download If you receive an incorrect Form W-2, ask the payer for a corrected one. Turbotax premier federal e file state 2012 for pc download For information on whether you must file a return, see Publication 501, Exemptions, Standard Deduction, and Filing Information, or your income tax form instructions. Turbotax premier federal e file state 2012 for pc download How To Report How you report any taxable scholarship or fellowship income depends on which return you file. Turbotax premier federal e file state 2012 for pc download Form 1040EZ. Turbotax premier federal e file state 2012 for pc download   If you file Form 1040EZ, include the taxable amount in the total on line 1. Turbotax premier federal e file state 2012 for pc download If the taxable amount was not reported on Form W-2, also enter “SCH” and the taxable amount in the space to the left of line 1. Turbotax premier federal e file state 2012 for pc download Form 1040A. Turbotax premier federal e file state 2012 for pc download   If you file Form 1040A, include the taxable amount in the total on line 7. Turbotax premier federal e file state 2012 for pc download If the taxable amount was not reported on Form W-2, also enter “SCH” and the taxable amount in the space to the left of line 7. Turbotax premier federal e file state 2012 for pc download Form 1040. Turbotax premier federal e file state 2012 for pc download   If you file Form 1040, include the taxable amount in the total on line 7. Turbotax premier federal e file state 2012 for pc download If the taxable amount was not reported on Form W-2, also enter “SCH” and the taxable amount on the dotted line next to line 7. Turbotax premier federal e file state 2012 for pc download Schedule SE (Form 1040). Turbotax premier federal e file state 2012 for pc download   To determine your net earnings from self-employment, include amounts you receive under a scholarship as pay for your services that are reported to you on Form 1099-MISC, Miscellaneous Income. Turbotax premier federal e file state 2012 for pc download If your net earnings are $400 or more, you must pay self-employment tax. Turbotax premier federal e file state 2012 for pc download Use Schedule SE, Self-Employment Tax, to figure this tax. Turbotax premier federal e file state 2012 for pc download Form 1040NR. Turbotax premier federal e file state 2012 for pc download   If you file Form 1040NR, report the taxable amount on line 12. Turbotax premier federal e file state 2012 for pc download Generally, you must report the amount shown in box 2 of Form(s) 1042-S, Foreign Person's U. Turbotax premier federal e file state 2012 for pc download S. Turbotax premier federal e file state 2012 for pc download Source Income Subject to Withholding. Turbotax premier federal e file state 2012 for pc download See the Instructions for Form 1040NR for more information. Turbotax premier federal e file state 2012 for pc download Form 1040NR-EZ. Turbotax premier federal e file state 2012 for pc download   If you file Form 1040NR-EZ, report the taxable amount on line 5. Turbotax premier federal e file state 2012 for pc download Generally, you must report the amount shown in box 2 of Form(s) 1042-S. Turbotax premier federal e file state 2012 for pc download See the Instructions for Form 1040NR-EZ for more information. Turbotax premier federal e file state 2012 for pc download Other Types of Educational Assistance The following discussions deal with other common types of educational assistance. Turbotax premier federal e file state 2012 for pc download Fulbright Grants A Fulbright grant is generally treated as a scholarship or fellowship in figuring how much of the grant is tax free. Turbotax premier federal e file state 2012 for pc download Pell Grants and Other Title IV Need-Based Education Grants These need-based grants are treated as scholarships for purposes of determining their tax treatment. Turbotax premier federal e file state 2012 for pc download They are tax free to the extent used for qualified education expenses during the period for which a grant is awarded. Turbotax premier federal e file state 2012 for pc download Payment to Service Academy Cadets An appointment to a United States military academy is not a scholarship or fellowship. Turbotax premier federal e file state 2012 for pc download Payment you receive as a cadet or midshipman at an armed services academy is pay for personal services and will be reported to you in box 1 of Form W-2. Turbotax premier federal e file state 2012 for pc download Include this pay in your income in the year you receive it unless one of the exceptions, discussed earlier under Payment for services , applies. Turbotax premier federal e file state 2012 for pc download Veterans' Benefits Payments you receive for education, training, or subsistence under any law administered by the Department of Veterans Affairs (VA) are tax free. Turbotax premier federal e file state 2012 for pc download Do not include these payments as income on your federal tax return. Turbotax premier federal e file state 2012 for pc download If you qualify for one or more of the education benefits discussed in chapters 2 through 12, you may have to reduce the amount of education expenses qualifying for a specific benefit by part or all of your VA payments. Turbotax premier federal e file state 2012 for pc download This applies only to the part of your VA payments that is required to be used for education expenses. Turbotax premier federal e file state 2012 for pc download You may want to visit the Veteran's Administration website at www. Turbotax premier federal e file state 2012 for pc download gibill. Turbotax premier federal e file state 2012 for pc download va. Turbotax premier federal e file state 2012 for pc download gov for specific information about the various VA benefits for education. Turbotax premier federal e file state 2012 for pc download Example. Turbotax premier federal e file state 2012 for pc download You have returned to college and are receiving two education benefits under the latest GI Bill: (1) a $1,534 monthly basic housing allowance (BHA) that is directly deposited to your checking account, and (2) $3,840 paid directly to your college for tuition. Turbotax premier federal e file state 2012 for pc download Neither of these benefits is taxable and you do not report them on your tax return. Turbotax premier federal e file state 2012 for pc download You also want to claim an American opportunity credit on your return. Turbotax premier federal e file state 2012 for pc download You paid $5,000 in qualified education expenses (see chapter 2, American Opportunity Credit , later). Turbotax premier federal e file state 2012 for pc download To figure the amount of credit, you must first subtract the $3,840 from your qualified education expenses because this payment under the GI Bill was required to be used for education expenses. Turbotax premier federal e file state 2012 for pc download You do not subtract any amount of the BHA because it was paid to you and its use was not restricted. Turbotax premier federal e file state 2012 for pc download Qualified Tuition Reduction If you are allowed to study tuition free or for a reduced rate of tuition, you may not have to pay tax on this benefit. Turbotax premier federal e file state 2012 for pc download This is called a “tuition reduction. Turbotax premier federal e file state 2012 for pc download ” You do not have to include a qualified tuition reduction in your income. Turbotax premier federal e file state 2012 for pc download A tuition reduction is qualified only if you receive it from, and use it at, an eligible educational institution. Turbotax premier federal e file state 2012 for pc download You do not have to use the tuition reduction at the eligible educational institution from which you received it. Turbotax premier federal e file state 2012 for pc download In other words, if you work for an eligible educational institution and the institution arranges for you to take courses at another eligible educational institution without paying any tuition, you may not have to include the value of the free courses in your income. Turbotax premier federal e file state 2012 for pc download The rules for determining if a tuition reduction is qualified, and therefore tax free, are different if the education provided is below the graduate level or is graduate education. Turbotax premier federal e file state 2012 for pc download You must include in your income any tuition reduction you receive that is payment for your services. Turbotax premier federal e file state 2012 for pc download Eligible educational institution. Turbotax premier federal e file state 2012 for pc download   An eligible educational institution is one that maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where it carries on its educational activities. Turbotax premier federal e file state 2012 for pc download Officers, owners, and highly compensated employees. Turbotax premier federal e file state 2012 for pc download   Qualified tuition reductions apply to officers, owners, or highly compensated employees only if benefits are available to employees on a nondiscriminatory basis. Turbotax premier federal e file state 2012 for pc download This means that the tuition reduction benefits must be available on substantially the same basis to each member of a group of employees. Turbotax premier federal e file state 2012 for pc download The group must be defined under a reasonable classification set up by the employer. Turbotax premier federal e file state 2012 for pc download The classification must not discriminate in favor of owners, officers, or highly compensated employees. Turbotax premier federal e file state 2012 for pc download Payment for services. Turbotax premier federal e file state 2012 for pc download   Generally, you must include in income the part of any qualified tuition reduction that represents payment for teaching, research, or other services by the student required as a condition of receiving the qualified tuition reduction. Turbotax premier federal e file state 2012 for pc download This applies even if all candidates for a degree must perform the services to receive the degree. Turbotax premier federal e file state 2012 for pc download (See below for exceptions. Turbotax premier federal e file state 2012 for pc download ) Exceptions. Turbotax premier federal e file state 2012 for pc download   You do not have to include in income the part of any scholarship or fellowship that represents payment for teaching, research, or other services if you receive the amount under: The National Health Service Corps Scholarship Program, or The Armed Forces Health Professions Scholarship and Financial Assistance Program. Turbotax premier federal e file state 2012 for pc download Education Below the Graduate Level If you receive a tuition reduction for education below the graduate level (including primary, secondary, or high school), it is a qualified tuition reduction, and therefore tax free, only if your relationship to the educational institution providing the benefit is described below. Turbotax premier federal e file state 2012 for pc download You are an employee of the eligible educational institution. Turbotax premier federal e file state 2012 for pc download You were an employee of the eligible educational institution, but you retired or left on disability. Turbotax premier federal e file state 2012 for pc download You are a widow or widower of an individual who died while an employee of the eligible educational institution or who retired or left on disability. Turbotax premier federal e file state 2012 for pc download You are the dependent child or spouse of an individual described in (1) through (3), above. Turbotax premier federal e file state 2012 for pc download Child of deceased parents. Turbotax premier federal e file state 2012 for pc download   For purposes of the qualified tuition reduction, a child is a dependent child if the child is under age 25 and both parents have died. Turbotax premier federal e file state 2012 for pc download Child of divorced parents. Turbotax premier federal e file state 2012 for pc download   For purposes of the qualified tuition reduction, a dependent child of divorced parents is treated as the dependent of both parents. Turbotax premier federal e file state 2012 for pc download Graduate Education A tuition reduction you receive for graduate education is qualified, and therefore tax free, if both of the following requirements are met. Turbotax premier federal e file state 2012 for pc download It is provided by an eligible educational institution. Turbotax premier federal e file state 2012 for pc download You are a graduate student who performs teaching or research activities for the educational institution. Turbotax premier federal e file state 2012 for pc download You must include in income any other tuition reductions for graduate education that you receive. Turbotax premier federal e file state 2012 for pc download How To Report Any tuition reduction that is taxable should be included as wages in box 1 of your Form W-2. Turbotax premier federal e file state 2012 for pc download Report the amount from Form W-2, box 1, on line 7 (Form 1040 or Form 1040A) or line 1 (Form 1040EZ). Turbotax premier federal e file state 2012 for pc download Prev  Up  Next   Home   More Online Publications
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The Turbotax Premier Federal E File State 2012 For Pc Download

Turbotax premier federal e file state 2012 for pc download Publication 3920 - Introductory Material Table of Contents Introduction Useful Items - You may want to see: Introduction This publication explains some of the provisions of the Victims of Terrorism Tax Relief Act of 2001. Turbotax premier federal e file state 2012 for pc download Under this Act, the federal income tax liability of those killed in the following attacks is forgiven for certain tax years. Turbotax premier federal e file state 2012 for pc download The April 19, 1995, attack on the Alfred P. Turbotax premier federal e file state 2012 for pc download Murrah Federal Building (Oklahoma City attack). Turbotax premier federal e file state 2012 for pc download The September 11, 2001, attacks on the World Trade Center, the Pentagon, and United Airlines Flight 93 in Somerset County, Pennsylvania (September 11 attacks). Turbotax premier federal e file state 2012 for pc download Terrorist attacks involving anthrax occurring after September 10, 2001, and before January 1, 2002 (anthrax attacks). Turbotax premier federal e file state 2012 for pc download The Act also provides other types of relief. Turbotax premier federal e file state 2012 for pc download For example, it provides that the following amounts are not included in income. Turbotax premier federal e file state 2012 for pc download Payments from the September 11th Victim Compensation Fund of 2001. Turbotax premier federal e file state 2012 for pc download Qualified disaster relief payments made after September 10, 2001, to cover personal, family, living, or funeral expenses incurred because of a terrorist attack. Turbotax premier federal e file state 2012 for pc download Certain disability payments received in tax years ending after September 10, 2001, for injuries sustained in a terrorist attack. Turbotax premier federal e file state 2012 for pc download Death benefits paid by an employer to the survivor of an employee if the benefits are paid because the employee died as a result of a terrorist attack. Turbotax premier federal e file state 2012 for pc download Debt cancellations made after September 10, 2001, and before January 1, 2002, because an individual died as a result of the September 11 attacks or anthrax attacks. Turbotax premier federal e file state 2012 for pc download Worksheet A. Turbotax premier federal e file state 2012 for pc download Figuring the Tax To Be Forgiven (For Decedents Who Filed a Return as Single, Married Filing Separately, Head of Household, or Qualifying Widow(er))         (A) First Eligible Year (1994 or 2000) (B) Second Eligible Year (1995 or 2001) (C) Third Eligible Year (1996 or 2002) 1 Enter the years eligible for tax forgiveness. Turbotax premier federal e file state 2012 for pc download 1       2 Enter the total tax from the decedent's income tax return. Turbotax premier federal e file state 2012 for pc download See Table 1 on page 5 for the line number for years before 2002. Turbotax premier federal e file state 2012 for pc download 2       3 Enter the following taxes, if any, shown on the decedent's income tax return. Turbotax premier federal e file state 2012 for pc download (These taxes are not eligible for forgiveness. Turbotax premier federal e file state 2012 for pc download )           a Self-employment tax. Turbotax premier federal e file state 2012 for pc download 3a         b Social security and Medicare tax on tip income not reported to employer. Turbotax premier federal e file state 2012 for pc download 3b         c Tax on excess contributions to IRAs, Coverdell education savings accounts (formerly Ed IRAs), or Archer MSAs (formerly medical savings accounts). Turbotax premier federal e file state 2012 for pc download 3c         d Tax on excess accumulation in qualified retirement plans. Turbotax premier federal e file state 2012 for pc download 3d         e Household employment taxes. Turbotax premier federal e file state 2012 for pc download 3e         f Uncollected social security and Medicare or RRTA tax on tips or group-term life insurance. Turbotax premier federal e file state 2012 for pc download 3f         g Tax on golden parachute payments. Turbotax premier federal e file state 2012 for pc download 3g       4 Add lines 3a through 3g. Turbotax premier federal e file state 2012 for pc download 4       5 Tax to be forgiven. Turbotax premier federal e file state 2012 for pc download Subtract line 4 from line 2. Turbotax premier federal e file state 2012 for pc download 5       Note. Turbotax premier federal e file state 2012 for pc download If the total of columns (A), (B), and (C) of line 5 (including any amounts shown on line 15 of Worksheet B) is less than $10,000, also complete Worksheet C. Turbotax premier federal e file state 2012 for pc download Attach the computation of the tax to be forgiven or a copy of this worksheet to the decedent's final income tax return or amended tax return (Form 1040X) for each year listed on line 1. Turbotax premier federal e file state 2012 for pc download If filing Form 1040X for an eligible year, enter the amount from line 5 above on Form 1040X in column B of line 10 as a decrease in tax. Turbotax premier federal e file state 2012 for pc download The IRS will determine the amount to be refunded. Turbotax premier federal e file state 2012 for pc download Worksheet A. Turbotax premier federal e file state 2012 for pc download Figuring the Tax To Be Forgiven (For Decedents Who Filed a Return as Single, Married Filing Separately, Head of Household, or Qualifying Widow(er))         (A) First Eligible Year (1994 or 2000) (B) Second Eligible Year (1995 or 2001) (C) Third Eligible Year (1996 or 2002) 1 Enter the years eligible for tax forgiveness. Turbotax premier federal e file state 2012 for pc download 1       2 Enter the total tax from the decedent's income tax return. Turbotax premier federal e file state 2012 for pc download See Table 1 on page 5 for the line number for years before 2002. Turbotax premier federal e file state 2012 for pc download 2       3 Enter the following taxes, if any, shown on the decedent's income tax return. Turbotax premier federal e file state 2012 for pc download (These taxes are not eligible for forgiveness. Turbotax premier federal e file state 2012 for pc download )           a Self-employment tax. Turbotax premier federal e file state 2012 for pc download 3a         b Social security and Medicare tax on tip income not reported to employer. Turbotax premier federal e file state 2012 for pc download 3b         c Tax on excess contributions to IRAs, Coverdell education savings accounts (formerly Ed IRAs), or Archer MSAs (formerly medical savings accounts). Turbotax premier federal e file state 2012 for pc download 3c         d Tax on excess accumulation in qualified retirement plans. Turbotax premier federal e file state 2012 for pc download 3d         e Household employment taxes. Turbotax premier federal e file state 2012 for pc download 3e         f Uncollected social security and Medicare or RRTA tax on tips or group-term life insurance. Turbotax premier federal e file state 2012 for pc download 3f         g Tax on golden parachute payments. Turbotax premier federal e file state 2012 for pc download 3g       4 Add lines 3a through 3g. Turbotax premier federal e file state 2012 for pc download 4       5 Tax to be forgiven. Turbotax premier federal e file state 2012 for pc download Subtract line 4 from line 2. Turbotax premier federal e file state 2012 for pc download 5       Note. Turbotax premier federal e file state 2012 for pc download If the total of columns (A), (B), and (C) of line 5 (including any amounts shown on line 15 of Worksheet B) is less than $10,000, also complete Worksheet C. Turbotax premier federal e file state 2012 for pc download Attach the computation of the tax to be forgiven or a copy of this worksheet to the decedent's final income tax return or amended tax return (Form 1040X) for each year listed on line 1. Turbotax premier federal e file state 2012 for pc download If filing Form 1040X for an eligible year, enter the amount from line 5 above on Form 1040X in column B of line 10 as a decrease in tax. Turbotax premier federal e file state 2012 for pc download The IRS will determine the amount to be refunded. Turbotax premier federal e file state 2012 for pc download Useful Items - You may want to see: Publication 547 Casualties, Disasters, and Thefts 559 Survivors, Executors, and Administrators Form (and Instructions) 706 United States Estate (and Generation- Skipping Transfer) Tax Return 1040 U. Turbotax premier federal e file state 2012 for pc download S. Turbotax premier federal e file state 2012 for pc download Individual Income Tax Return 1040NR U. Turbotax premier federal e file state 2012 for pc download S. Turbotax premier federal e file state 2012 for pc download Nonresident Alien Income Tax Return 1040X Amended U. Turbotax premier federal e file state 2012 for pc download S. Turbotax premier federal e file state 2012 for pc download Individual Income Tax Return 1041 U. Turbotax premier federal e file state 2012 for pc download S. Turbotax premier federal e file state 2012 for pc download Income Tax Return for Estates and Trusts 1310 Statement of Person Claiming Refund Due a Deceased Taxpayer 4506 Request for Copy or Transcript of Tax Form Prev  Up  Next   Home   More Online Publications