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Www irs gov 1. Www irs gov   Tax Withholding for 2014 Table of Contents Introduction Useful Items - You may want to see: Salaries and WagesDetermining Amount of Tax Withheld Using Form W-4 Completing Form W-4 and Worksheets Getting the Right Amount of Tax Withheld Rules Your Employer Must Follow Exemption From Withholding Supplemental Wages Penalties Tips Taxable Fringe BenefitsSpecial rule. Www irs gov Exceptions. Www irs gov Sick Pay Pensions and AnnuitiesPeriodic Payments Nonperiodic Payments Eligible Rollover Distributions Choosing Not To Have Income Tax Withheld Gambling WinningsException. Www irs gov Identical wagers. Www irs gov Unemployment Compensation Federal Payments Backup WithholdingTaxpayer identification number. Www irs gov Underreported interest or dividends. Www irs gov Introduction This chapter discusses income tax withholding on: Salaries and wages, Tips, Taxable fringe benefits, Sick pay, Pensions and annuities, Gambling winnings, Unemployment compensation, and Certain federal payments. Www irs gov This chapter explains in detail the rules for withholding tax from each of these types of income. Www irs gov The discussion of salaries and wages includes an explanation of how to complete Form W-4. Www irs gov This chapter also covers backup withholding on interest, dividends, and other payments. Www irs gov Useful Items - You may want to see: Form (and Instructions) W-4 Employee's Withholding Allowance Certificate W-4P Withholding Certificate for Pension or Annuity Payments W-4S Request for Federal Income Tax Withholding From Sick Pay W-4V Voluntary Withholding Request See chapter 5 of this publication for information about getting these publications and forms. Www irs gov Salaries and Wages Income tax is withheld from the pay of most employees. Www irs gov Your pay includes your regular pay, bonuses, commissions, and vacation allowances. Www irs gov It also includes reimbursements and other expense allowances paid under a nonaccountable plan. Www irs gov See Supplemental Wages , later, for definitions of accountable and nonaccountable plans. Www irs gov If your income is low enough that you will not have to pay income tax for the year, you may be exempt from withholding. Www irs gov This is explained under Exemption From Withholding , later. Www irs gov You can ask your employer to withhold income tax from noncash wages and other wages not subject to withholding. Www irs gov If your employer does not agree to withhold tax, or if not enough is withheld, you may have to pay estimated tax, as discussed in chapter 2. Www irs gov Military retirees. Www irs gov   Military retirement pay is treated in the same manner as regular pay for income tax withholding purposes, even though it is treated as a pension or annuity for other tax purposes. Www irs gov Household workers. Www irs gov   If you are a household worker, you can ask your employer to withhold income tax from your pay. Www irs gov A household worker is an employee who performs household work in a private home, local college club, or local fraternity or sorority chapter. Www irs gov   Tax is withheld only if you want it withheld and your employer agrees to withhold it. Www irs gov If you do not have enough income tax withheld, you may have to pay estimated tax, as discussed in chapter 2. Www irs gov Farmworkers. Www irs gov   Generally, income tax is withheld from your cash wages for work on a farm unless your employer both: Pays you cash wages of less than $150 during the year, and Has expenditures for agricultural labor totaling less than $2,500 during the year. Www irs gov Differential wage payments. Www irs gov   When employees are on leave from employment for military duty, some employers make up the difference between the military pay and civilian pay. Www irs gov Payments to an employee who is on active duty for a period of more than 30 days will be subject to income tax withholding, but not subject to social security or Medicare taxes. Www irs gov The wages and withholding will be reported on Form W-2, Wage and Tax Statement. Www irs gov Determining Amount of Tax Withheld Using Form W-4 The amount of income tax your employer withholds from your regular pay depends on two things. Www irs gov The amount you earn in each payroll period. Www irs gov The information you give your employer on Form W-4. Www irs gov Form W-4 includes four types of information that your employer will use to figure your withholding. Www irs gov Whether to withhold at the single rate or at the lower married rate. Www irs gov How many withholding allowances you claim (each allowance reduces the amount withheld). Www irs gov Whether you want an additional amount withheld. Www irs gov Whether you are claiming an exemption from withholding in 2014. Www irs gov See Exemption From Withholding , later. Www irs gov Note. Www irs gov You must specify a filing status and a number of withholding allowances on Form W-4. Www irs gov You cannot specify only a dollar amount of withholding. Www irs gov New Job When you start a new job, you must fill out a Form W-4 and give it to your employer. Www irs gov Your employer should have copies of the form. Www irs gov If you need to change the information later, you must fill out a new form. Www irs gov If you work only part of the year (for example, you start working after the beginning of the year), too much tax may be withheld. Www irs gov You may be able to avoid overwithholding if your employer agrees to use the part-year method. Www irs gov See Part-Year Method , later, for more information. Www irs gov Employee also receiving pension income. Www irs gov   If you receive pension or annuity income and begin a new job, you will need to file Form W-4 with your new employer. Www irs gov However, you can choose to split your withholding allowances between your pension and job in any manner. Www irs gov Changing Your Withholding During the year changes may occur to your marital status, exemptions, adjustments, deductions, or credits you expect to claim on your tax return. Www irs gov When this happens, you may need to give your employer a new Form W-4 to change your withholding status or number of allowances. Www irs gov If the changes reduce the number of allowances you are allowed to claim or changes your marital status from married to single, you must give your employer a new Form W-4 within 10 days. Www irs gov See Marital Status (Line 3 of Form W-4) and Withholding Allowances (Line 5 of Form W-4) , later. Www irs gov Generally, you can submit a new Form W-4 whenever you wish to change your withholding allowances for any other reason. Www irs gov See Table 1-1 for examples of personal and financial changes you should consider. Www irs gov Table 1-1. Www irs gov Personal and Financial Changes Factor Examples Lifestyle change Marriage Divorce Birth or adoption of child Loss of an exemption Purchase of a new home Retirement Filing chapter 11 bankruptcy Wage income You or your spouse start or stop working, or start or stop a second job Change in the amount of taxable income not subject to withholding Interest income Dividends Capital gains Self-employment income IRA (including certain Roth  IRA) distributions Change in the amount of adjustments to income IRA deduction Student loan interest deduction Alimony expense Change in the amount of itemized deductions or tax credits Medical expenses Taxes Interest expense Gifts to charity Job expenses Dependent care expenses Education credit Child tax credit Earned income credit If you change the number of your withholding allowances, you can request that your employer withhold using the Cumulative Wage Method , explained later. Www irs gov Checking Your Withholding After you have given your employer a Form W-4, you can check to see whether the amount of tax withheld from your pay is too much or too little. Www irs gov If too much or too little tax is being withheld, you should give your employer a new Form W-4 to change your withholding. Www irs gov You can get a blank Form W-4 from your employer or print the form from IRS. Www irs gov gov. Www irs gov You should try to have your withholding match your actual tax liability. Www irs gov If not enough tax is withheld, you will owe tax at the end of the year and may have to pay interest and a penalty. Www irs gov If too much tax is withheld, you will lose the use of that money until you get your refund. Www irs gov Always check your withholding if there are personal or financial changes in your life or changes in the law that might change your tax liability. Www irs gov See Table 1-1 for examples. Www irs gov Note. Www irs gov You cannot give your employer a payment to cover federal income tax withholding on salaries and wages for past pay periods or a payment for estimated tax. Www irs gov When Should You Check Your Withholding? The earlier in the year you check your withholding, the easier it is to get the right amount of tax withheld. Www irs gov You should check your withholding when any of the following situations occur. Www irs gov You receive a paycheck stub (statement) covering a full pay period in 2014, showing tax withheld based on 2014 tax rates. Www irs gov You prepare your 2013 tax return and get a: Big refund, or Balance due that is: More than you can comfortably pay, or Subject to a penalty. Www irs gov There are changes in your life or financial situation that affect your tax liability. Www irs gov See Table 1-1. Www irs gov There are changes in the tax law that affect your tax liability. Www irs gov How Do You Check Your Withholding? You can use the worksheets and tables in this publication to see if you are having the right amount of tax withheld. Www irs gov You can also use the IRS Withholding calculator at www. Www irs gov irs. Www irs gov gov/individuals. Www irs gov If you use the worksheets and tables in this publication, follow these steps. Www irs gov Fill out Worksheet 1-5 to project your total federal income tax liability for 2014. Www irs gov Fill out Worksheet 1-7 to project your total federal withholding for 2014 and compare that with your projected tax liability from Worksheet 1-5. Www irs gov If you are not having enough tax withheld, line 6 of Worksheet 1-7 will show you how much more to have withheld each payday. Www irs gov For ways to increase the amount of tax withheld, see How Do You Increase Your Withholding? If line 5 of Worksheet 1-7 shows that you are having more tax withheld than necessary, see How Do You Decrease Your Withholding, for ways to decrease the amount of tax you have withheld each payday. Www irs gov How Do You Increase Your Withholding? There are two ways to increase your withholding. Www irs gov You can: Decrease the number of allowances you claim on Form W-4, or Enter an additional amount that you want withheld from each paycheck on Form W-4. Www irs gov Requesting an additional amount withheld. Www irs gov   You can request that an additional amount be withheld from each paycheck by following these steps. Www irs gov Complete Worksheets 1-5 and 1-7. Www irs gov Complete a new Form W-4 if the amount on Worksheet 1-7, line 5: Is more than you want to pay with your tax return or in estimated tax payments throughout the year, or Would cause you to pay a penalty when you file your tax return for 2014. Www irs gov Enter on your new Form W-4, the same number of withholding allowances your employer now uses for your withholding. Www irs gov This is the number of allowances you entered on the last Form W-4 you gave your employer. Www irs gov Enter on your new Form W-4, the amount from Worksheet 1-7, line 6. Www irs gov Give your newly completed Form W-4 to your employer. Www irs gov   If you have this additional amount withheld from your pay each payday, you should avoid owing a large amount at the end of the year. Www irs gov Example. Www irs gov Early in 2014, Steve Miller used Worksheets 1-5, 1-6, and 1-7 to project his 2014 tax liability ($4,316) and his withholding for the year ($3,516). Www irs gov Steve's tax will be underwithheld by $800 ($4,316 − $3,516). Www irs gov His choices are to pay this amount when he files his 2014 tax return, make estimated tax payments, or increase his withholding now. Www irs gov Steve gets a new Form W-4 from his employer, who tells him that there are 50 paydays remaining in 2014. Www irs gov Steve completes the new Form W-4 as before, entering the same number of withholding allowances as before, but, in addition, entering $16 ($800 ÷ 50) on the form as the additional amount to be withheld from his pay each payday. Www irs gov He gives the completed form to his employer. Www irs gov What if I have more than one job or my spouse also has a job?   You are more likely to need to increase your withholding if you have more than one job or if you are married filing jointly and your spouse also works. Www irs gov If this is the case, you can increase your withholding for one or more of the jobs. Www irs gov   You can apply the amount on Worksheet 1-7, line 5, to only one job or divide it between the jobs any way you wish. Www irs gov For each job, determine the extra amount that you want to apply to that job and divide that amount by the number of paydays remaining in 2014 for that job. Www irs gov This will give you the additional amount to enter on the Form W-4 you will file for that job. Www irs gov You need to give your employer a new Form W-4 for each job for which you are changing your withholding. Www irs gov Example. Www irs gov Meg Green works in a store and earns $46,000 a year. Www irs gov Her husband, John, works full-time in manufacturing and earns $68,000 a year. Www irs gov In 2014, they will also have $184 in taxable interest and $1,000 of other taxable income. Www irs gov They expect to file a joint income tax return. Www irs gov Meg and John complete Worksheets 1-5, 1-6, and 1-7. Www irs gov Line 5 of Worksheet 1-7 shows that they will owe an additional $4,459 after subtracting their withholding for the year. Www irs gov They can divide the $4,459 any way they want. Www irs gov They can enter an additional amount on either of their Forms W-4, or divide it between them. Www irs gov They decide to have the additional amount withheld from John's wages, so they enter $91 ($4,459 ÷ 49 remaining paydays) on his Form W-4. Www irs gov Both claim the same number of allowances as before. Www irs gov How Do You Decrease Your Withholding? If your completed Worksheets 1-5 and 1-7 show that you may have more tax withheld than your projected tax liability for 2014, you may be able to decrease your withholding. Www irs gov There are two ways to do this. Www irs gov You can: Decrease any additional amount you are having withheld, or Increase the number of allowances you claim on Form W-4. Www irs gov You can claim only the number of allowances to which you are entitled. Www irs gov To see if you can decrease your withholding by increasing your allowances, see the Form W-4 instructions and the rest of this publication. Www irs gov Increasing the number of allowances. Www irs gov   Figure and increase the number of withholding allowances you can claim as follows. Www irs gov On a new Form W-4, complete the Personal Allowances Worksheet. Www irs gov If you plan to itemize deductions, claim adjustments to income, or claim tax credits, complete a new Deductions and Adjustments Worksheet. Www irs gov If you plan to claim tax credits, see Converting Credits to Withholding Allowances, later. Www irs gov If you meet the criteria on line H of the Form W-4 Personal Allowances Worksheet, complete a new Two-Earners/Multiple Jobs Worksheet. Www irs gov If the number of allowances you can claim on Form W-4, is different from the number you already are claiming, give the newly completed Form W-4 to your employer. Www irs gov Converting Credits to Withholding Allowances Table 1-2 , later, shows many of the tax credits you may be able to use to decrease your withholding. Www irs gov The Form W-4 Personal Allowances Worksheet provides only rough adjustments for the child and dependent care credit and the child tax credit. Www irs gov Complete Worksheet 1-8 to figure these credits more accurately and also take other credits into account. Www irs gov Include the amount from line 12 of Worksheet 1-8 in the total on line 5 of the Deductions and Adjustments Worksheet. Www irs gov Then complete the Deductions and Adjustments Worksheet and the rest of Form W-4. Www irs gov If you take the child and dependent care credit into account on Worksheet 1-8, enter -0- on line F of the Personal Allowances Worksheet. Www irs gov If you take the child tax credit into account on Worksheet 1-8, enter -0- on line G of the Personal Allowances Worksheet. Www irs gov Example. Www irs gov Brett and Alyssa Davis are married and expect to file a joint return for 2014. Www irs gov Their expected taxable income from all sources is $68,000. Www irs gov They expect to have $15,900 of itemized deductions. Www irs gov Their projected tax credits include a child and dependent care credit of $960 and an adoption credit of $1,500. Www irs gov The Davis' complete Worksheet 1-8, as follows, to see whether they can convert their tax credits into additional withholding allowances. Www irs gov Line 1, expected child and dependent care credit—$960. Www irs gov Line 9, expected adoption credit—$1,500. Www irs gov Line 10, total estimated tax credits—$2,460. Www irs gov Line 11. Www irs gov Their combined total income from all sources, $68,000, falls between $42,001 and $98,000 on the table for married filing jointly or qualifying widow(er). Www irs gov The number to the right of this range is 6. Www irs gov 7. Www irs gov Line 12, multiply line 10 by line 11—$16,482. Www irs gov Then the Davis' complete the Form W-4 worksheets. Www irs gov Because they choose to account for their child and dependent care credit on the Deductions and Adjustments Worksheet, they enter -0- on line F of the Personal Allowances Worksheet and figure a new total for line H. Www irs gov They take the result on line 12 of Worksheet 1-8, add it to their other adjustments on line 5 of the Form W-4 Deductions and Adjustments Worksheet, and complete the Form W-4 worksheets. Www irs gov When Will Your New Form W-4 Go Into Effect? If the change is for the current year, your employer must put your new Form W-4 into effect no later than the start of the first payroll period ending on or after the 30th day after the day on which you give your employer your revised Form W-4. Www irs gov If the change is for next year, your new Form W-4 will not take effect until next year. Www irs gov Retirees Returning to the Workforce When you first began receiving your pension, you told the payer how much tax to withhold, if any, by completing Form W-4P, Withholding Certificate for Pension or Annuity Payments (or similar form). Www irs gov However, if your retirement pay is from the military or certain deferred compensation plans, you completed Form W-4 instead of Form W-4P. Www irs gov You completed either form based on your projected income at that time. Www irs gov Now that you are returning to the workforce, your new Form W-4 (given to your employer) and your Form W-4 or W-4P (on file with your pension plan) must work together to determine the correct amount of withholding for your new amount of income. Www irs gov The worksheets that come with Forms W-4 and W-4P are basically the same, so you can use either set of worksheets to figure out how many withholding allowances you are entitled to claim. Www irs gov Start off with the Personal Allowances Worksheet. Www irs gov Then, if you will be itemizing your deductions, claiming adjustments to income, or claiming tax credits when you file your tax return, complete the Deductions and Adjustments Worksheet. Www irs gov The third worksheet is the most important for this situation. Www irs gov Form W-4 calls it the Two-Earners/Multiple Jobs Worksheet, Form W-4P calls it the Multiple Pensions/More-Than-One-Income Worksheet—both are the same. Www irs gov If you have more than one source of income, in order to have enough withholding to cover the tax on your higher income, you may need to claim fewer withholding allowances or request your employer to withhold an additional amount from each paycheck. Www irs gov Once you have figured out how many allowances you are entitled to claim, look at the income from both your pension and your new job, and how often you receive payments. Www irs gov It is your decision how to divide up your withholding allowances between these sources of income. Www irs gov For example, you may want to “take home” most of your weekly paycheck to use as spending money and use your monthly pension to “pay the bills. Www irs gov ” In that case, change your Form W-4P to zero allowances and claim all that you are entitled to on your Form W-4. Www irs gov There are a couple of ways you can get a better idea of how much tax will be withheld when claiming a certain number of allowances. Www irs gov Use the withholding tables in Publication 15 (Circular E), Employer's Tax Guide. Www irs gov Contact your pension provider and your employer's payroll department. Www irs gov And remember, this is not a final decision. Www irs gov If you do not get the correct amount of withholding with the first Forms W-4 and W-4P you submit, you should refigure your allowances (or divide them differently) using the information and worksheets in this publication, or the resources mentioned above. Www irs gov You should go through this same process each time your life situation changes, whether it be for personal or financial reasons. Www irs gov You may need more tax withheld, or you may need less. Www irs gov Table 1-2. Www irs gov Tax Credits for 2014 For more information about the . Www irs gov . Www irs gov . Www irs gov See . Www irs gov . Www irs gov . Www irs gov Adoption credit Form 8839 instructions Child and dependent care expenses, credit for Publication 503, Child and Dependent Care Expenses Child tax credit (including the additional child tax credit) Instructions for Form 1040 or Form 1040A Earned income credit Publication 596, Earned Income Credit Education credits Publication 970, Tax Benefits for Education Elderly or the disabled, credit for the Publication 524, Credit for the Elderly or the Disabled Foreign tax credit (except any credit that applies to wages not subject to U. Www irs gov S. Www irs gov income tax withholding because they are subject to income tax withholding by a foreign country) Publication 514, Foreign Tax Credit for Individuals General business credit Form 3800, General Business Credit Mortgage interest credit Publication 530, Tax Information for First-Time Homeowners Qualified electric vehicle passive activity credit Form 8834 Prior year minimum tax, credit for (if you paid alternative minimum tax in an earlier year) Form 8801 instructions Retirement savings contributions credit (saver's credit) Publication 590, Individual Retirement Arrangements (IRAs) Tax credit bonds, credit to holders of Form 8912 instructions Completing Form W-4 and Worksheets When reading the following discussion, you may find it helpful to refer to Form W-4. Www irs gov Marital Status There is a lower withholding rate for people who qualify to check the “Married” box on line 3 of Form W-4. Www irs gov Everyone else must have tax withheld at the higher single rate. Www irs gov Single. Www irs gov   You must check the “Single” box if any of the following applies. Www irs gov You are single. Www irs gov If you are divorced, or separated from your spouse under a court decree of separate maintenance, you are considered single. Www irs gov You are married, but neither you nor your spouse is a citizen or resident of the United States. Www irs gov You are married, either you or your spouse is a nonresident alien, and you have not chosen to have that person treated as a resident alien for tax purposes. Www irs gov For more information, see Nonresident Spouse Treated as a Resident in chapter 1 of Publication 519. Www irs gov Married. Www irs gov   You qualify to check the “Married” box if any of the following applies. Www irs gov You are married and neither you nor your spouse is a nonresident alien. Www irs gov You are considered married for the whole year even if your spouse died during the year. Www irs gov You are married and either you or your spouse is a nonresident alien who has chosen to be treated as a resident alien for tax purposes. Www irs gov For more information, see Nonresident Spouse Treated as a Resident in chapter 1 of Publication 519. Www irs gov You expect to be able to file your return as a qualifying widow or widower. Www irs gov You usually can use this filing status if your spouse died within the previous 2 years and you provide more than half the cost of keeping up a home for the entire year that was the main home for you and your child whom you can claim as a dependent. Www irs gov However, you must file a new Form W-4 showing your filing status as single by December 1 of the last year you are eligible to file as a qualifying widow or widower. Www irs gov For more information on this filing status, see Qualifying Widow(er) With Dependent Child under Filing Status in Publication 501, Exemptions, Standard Deduction, and Filing Information. Www irs gov Married, but withhold at higher single rate. Www irs gov   Some married people find that they do not have enough tax withheld at the married rate. Www irs gov This can happen, for example, when both spouses work. Www irs gov To avoid this, you can check the “Married, but withhold at higher Single rate” box (even if you qualify for the married rate). Www irs gov Also, you may find that more tax is withheld if you fill out the Two-Earners/Multiple Jobs Worksheet, explained later. Www irs gov Withholding Allowances The more allowances you claim on Form W-4, the less income tax your employer will withhold. Www irs gov You will have the most tax withheld if you claim “0” allowances. Www irs gov The number of allowances you can claim depends on the following factors. Www irs gov How many exemptions you can take on your tax return. Www irs gov Whether you have income from more than one job. Www irs gov What deductions, adjustments to income, and credits you expect to have for the year. Www irs gov Whether you will file as head of household. Www irs gov If you are married (filing jointly), it also depends on whether your spouse also works and claims any allowances on his or her own Form W-4. Www irs gov Or, if married filing separately, whether or not your spouse also works. Www irs gov Form W-4 worksheets. Www irs gov    Form W-4 has worksheets to help you figure how many withholding allowances you can claim. Www irs gov The worksheets are for your own records. Www irs gov Do not give them to your employer. Www irs gov   Complete only one set of Form W-4 worksheets, no matter how many jobs you have. Www irs gov If you are married and will file a joint return, complete only one set of worksheets for you and your spouse, even if you both earn wages and each must give Form W-4 to your employers. Www irs gov Complete separate sets of worksheets only if you and your spouse will file separate returns. Www irs gov   If you are not exempt from withholding (see Exemption From Withholding , later), complete the Personal Allowances Worksheet on page 1 of the form. Www irs gov Also, use the worksheets on page 2 of the form to adjust the number of your withholding allowances for itemized deductions and adjustments to income, and for two-earner or multiple-job situations. Www irs gov If you want to adjust the number of your withholding allowances for certain tax credits, use the Deductions and Adjustments Worksheet on page 2 of Form W-4, even if you do not have any deductions or adjustments. Www irs gov   Complete all worksheets that apply to your situation. Www irs gov The worksheets will help you figure the maximum number of withholding allowances you are entitled to claim so that the amount of income tax withheld from your wages will match, as closely as possible, the amount of income tax you will owe at the end of the year. Www irs gov Multiple jobs. Www irs gov   If you have income from more than one job at the same time, complete only one set of Form W-4 worksheets. Www irs gov Then split your allowances between the Forms W-4 for each job. Www irs gov You cannot claim the same allowances with more than one employer at the same time. Www irs gov You can claim all your allowances with one employer and none with the other(s), or divide them any other way. Www irs gov Married individuals. Www irs gov   If both you and your spouse are employed and expect to file a joint return, figure your withholding allowances using your combined income, adjustments, deductions, exemptions, and credits. Www irs gov Use only one set of worksheets. Www irs gov You can divide your total allowances any way, but you cannot claim an allowance that your spouse also claims. Www irs gov   If you and your spouse expect to file separate returns, figure your allowances using separate worksheets based on your own individual income, adjustments, deductions, exemptions, and credits. Www irs gov Alternative method of figuring withholding allowances. Www irs gov   You do not have to use the Form W-4 worksheets if you use a more accurate method of figuring the number of withholding allowances. Www irs gov   The method you use must be based on withholding schedules, the tax rate schedules, and the 2014 Estimated Tax Worksheet in chapter 2. Www irs gov It must take into account only the items of income, adjustments to income, deductions, and tax credits that are taken into account on Form W-4. Www irs gov   You can use the number of withholding allowances determined under an alternative method rather than the number determined using the Form W-4 worksheets. Www irs gov You still must give your employer a Form W-4 claiming your withholding allowances. Www irs gov Employees who are not citizens or residents. Www irs gov   If you are neither a citizen nor a resident of the United States, you usually can claim only one withholding allowance. Www irs gov However, this rule does not apply if you are a resident of Canada or Mexico, or if you are a U. Www irs gov S. Www irs gov national. Www irs gov It also does not apply if your spouse is a U. Www irs gov S. Www irs gov citizen or resident and you have chosen to be treated as a resident of the United States for tax purposes. Www irs gov Special rules apply to residents of South Korea and India. Www irs gov For more information, see Withholding From Compensation in chapter 8 of Publication 519. Www irs gov Personal Allowances Worksheet Use the Personal Allowances Worksheet on page 1 of Form W-4 to figure your withholding allowances based on all of the following that apply. Www irs gov Exemptions. Www irs gov Only one job. Www irs gov Head of household filing status. Www irs gov Child and dependent care credit. Www irs gov Child tax credit. Www irs gov Exemptions (worksheet lines A, C, and D). Www irs gov   You can claim one withholding allowance for each exemption you expect to claim on your tax return. Www irs gov Self. Www irs gov   You can claim an allowance for your exemption on line A unless another person can claim an exemption for you on his or her tax return. Www irs gov If another person is entitled to claim an exemption for you, you cannot claim an allowance for your exemption even if the other person will not claim your exemption. Www irs gov Spouse. Www irs gov   You can claim an allowance for your spouse's exemption on line C unless your spouse is claiming his or her own exemption or another person can claim an exemption for your spouse. Www irs gov Do not claim this allowance if you and your spouse expect to file separate returns. Www irs gov Dependents. Www irs gov   You can claim one allowance on line D for each exemption you will claim for a dependent on your tax return. Www irs gov Only one job (worksheet line B). Www irs gov    You can claim an additional withholding allowance if any of the following apply for 2014. Www irs gov You are single and you have only one job at a time. Www irs gov You are married, you have only one job at a time, and your spouse does not work. Www irs gov Your wages from a second job or your spouse's wages (or the total of both) are $1,500 or less. Www irs gov If you qualify for this allowance, enter “1” on line B of the worksheet. Www irs gov Head of household filing status (worksheet line E). Www irs gov   Generally, you can file as head of household if you are unmarried and pay more than half the cost of keeping up a home that: Was the main home for all of 2014 of your parent whom you can claim as a dependent, or You lived in for more than half the year with your qualifying child or any other person you can claim as a dependent. Www irs gov For more information, see Publication 501. Www irs gov   If you expect to file as head of household on your 2014 tax return, enter “1” on line E of the worksheet. Www irs gov Reduction of personal allowances. Www irs gov   For 2014, your deduction for personal exemptions on your tax return is reduced if your adjusted gross income (AGI) is more than the AGI shown next for your filing status. Www irs gov Personal Allowance Phaseout Threshold Single $254,200 Married filing jointly or qualifying widow(er) $305,050 Married filing separately $152,525 Head of household $279,650   If you expect your AGI to be more than the amount listed, use Worksheet 1-1 to figure your reduced number of personal allowances on lines A, C, and D of the Personal Allowances Worksheet. Www irs gov Worksheet 1-1. Www irs gov Personal Allowances Worksheet (Form W-4) Reduction of Personal Allowances if AGI Above Phaseout Threshold 1. Www irs gov Enter the total amount of allowances on lines A, C, and D of the Personal Allowance Worksheet without regard to the phaseout rule 1. Www irs gov   2. Www irs gov Enter your expected AGI 2. Www irs gov       3. Www irs gov Enter $254,200 if single $305,050 if married filing jointly or qualifying widow(er) $152,525 if married filing separately $279,650 if head of household 3. Www irs gov       4. Www irs gov Subtract line 3 from line 2 4. Www irs gov       5. Www irs gov Divide line 4 by $125,000 ($62,500 if married filing separately). Www irs gov Enter the result as a decimal 5. Www irs gov   6. Www irs gov Multiply line 1 by line 5. Www irs gov If the result is not a whole number, increase it to the next higher whole number 6. Www irs gov   7. Www irs gov Subtract line 6 from line 1. Www irs gov The total of the numbers you enter on A, C, and D of the Personal Allowances Worksheet can not be more than this amount 7. Www irs gov     Child and dependent care credit (worksheet line F). Www irs gov   Enter “1” on line F if you expect to claim a credit for at least $2,000 of qualifying child or dependent care expenses on your 2014 return. Www irs gov Generally, qualifying expenses are those you pay for the care of your dependent who is your qualifying child under age 13 or for your spouse or dependent who is not able to care for himself or herself so that you can work or look for work. Www irs gov For more information, see Publication 503, Child and Dependent Care Expenses. Www irs gov   Instead of using line F, you can choose to take the credit into account on line 5 of the Deductions and Adjustments Worksheet, as explained under Tax credits , later. Www irs gov Child tax credit (worksheet line G). Www irs gov   If your total income will be less than $65,000 ($95,000 if married), enter “2” on line G for each eligible child. Www irs gov Subtract “1” from that amount if you have three to six eligible children. Www irs gov Subtract “2” from that amount if you have seven or more eligible children. Www irs gov   If your total income will be between $65,000 and $84,000 ($95,000 and $119,000 if married), enter “1” on line G for each eligible child. Www irs gov   An eligible child is any child: Who is your son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister, half brother, half sister, or a descendant of any of them (for example, your grandchild, niece, or nephew), Who will be under age 17 at the end of 2014, Who is younger than you (or your spouse if filing jointly) or permanently and totally disabled, Who will not provide over half of his or her own support for 2014, Who will not file a joint return, unless the return is filed only as a claim for refund, Who will live with you for more than half of 2014, Who is a U. Www irs gov S. Www irs gov citizen, U. Www irs gov S. Www irs gov national, or U. Www irs gov S. Www irs gov resident alien, and Who will be claimed as a dependent on your return. Www irs gov If you are a U. Www irs gov S. Www irs gov citizen or U. Www irs gov S. Www irs gov national and your adopted child lived with you all year as a member of your household, that child meets the citizenship test. Www irs gov   Also, if any other person can claim the child as an eligible child, see Qualifying child of more than one person in the 2013 instructions for Form 1040 or 1040A, line 6c. Www irs gov   For more information about the child tax credit, see the instructions for Form 1040 or Form 1040A. Www irs gov   Instead of using line G, you can choose to take the credit into account on line 5 of the Deductions and Adjustments Worksheet, as explained under Tax credits , later. Www irs gov Total personal allowances (worksheet line H). Www irs gov    Add lines A through G and enter the total on line H. Www irs gov If you do not use either of the worksheets on the back of Form W-4, enter the number from line H on line 5 of Form W-4. Www irs gov Deductions and Adjustments Worksheet Use the Deductions and Adjustments Worksheet on page 2 of Form W-4 if you plan to itemize your deductions, claim certain credits, or claim adjustments to the income on your 2014 tax return and you want to reduce your withholding. Www irs gov Also, complete this worksheet when you have changes to those items to see if you need to change your withholding. Www irs gov Use the amount of each item you reasonably can expect to show on your return. Www irs gov However, do not use more than: The amount shown for that item on your 2013 return (or your 2012 return if you have not yet filed your 2013 return), plus Any additional amount related to a transaction or occurrence (such as payments already made, the signing of an agreement, or the sale of property) that you can prove has happened or will happen during 2013 or 2014. Www irs gov Do not include any amount shown on your last tax return that has been disallowed by the IRS. Www irs gov Example. Www irs gov On June 30, 2013, you bought your first home. Www irs gov On your 2013 tax return, you claimed itemized deductions of $6,600, the total mortgage interest and real estate tax you paid during the 6 months you owned your home. Www irs gov Based on your mortgage payment schedule and your real estate tax assessment, you reasonably can expect to claim deductions of $13,200 for those items on your 2014 return. Www irs gov You can use $13,200 to figure the number of your withholding allowances for itemized deductions. Www irs gov Not itemizing deductions. Www irs gov   If you expect to claim the standard deduction on your tax return, skip lines 1 and 2, and enter “0” on line 3 of the worksheet. Www irs gov Itemized deductions (worksheet line 1). Www irs gov   Enter your estimated total itemized deductions on line 1 of the worksheet. Www irs gov   Listed below are some of the deductions you can take into account when figuring additional withholding allowances for 2014. Www irs gov You normally claim these deductions on Schedule A of Form 1040. Www irs gov Medical and dental expenses that are more than 10% (7. Www irs gov 5% if either you or your spouse was born before January 2, 1950) of your 2014 AGI (defined under AGI , later). Www irs gov State and local income or property taxes. Www irs gov Deductible home mortgage interest. Www irs gov Investment interest up to net investment income. Www irs gov Charitable contributions. Www irs gov Casualty and theft losses that are more than $100 and 10% of your AGI. Www irs gov Fully deductible miscellaneous itemized deductions, including: Impairment-related work expenses of persons with disabilities, Federal estate tax on income in respect of a decedent, Repayment of more than $3,000 of income held under a claim of right that you included in income in an earlier year because at the time you thought you had an unrestricted right to it, Unrecovered investments in an annuity contract under which payments have ceased because of the annuitant's death, Gambling losses up to the amount of gambling winnings reported on your return, and Casualty and theft losses from  income-producing property. Www irs gov Other miscellaneous itemized deductions that are more than 2% of your AGI, including: Unreimbursed employee business expenses, such as education expenses, work clothes and uniforms, union dues and fees, and the cost of work-related small tools and supplies, Safe deposit box rental, Tax counsel and assistance, and Certain fees paid to an IRA trustee or custodian. Www irs gov AGI. Www irs gov   For the purpose of estimating your itemized deductions, your AGI is your estimated total income for 2014 minus any estimated adjustments to income (discussed later) that you include on line 4 of the Deductions and Adjustments Worksheet. Www irs gov Phaseout of itemized deductions. Www irs gov   For 2014, your total itemized deductions may be phased out (reduced) if your AGI is more than the following thresholds. Www irs gov    Itemized Deduction Phaseout Threshold Single $254,200 Married filing jointly or qualifying widow(er) $305,050 Married filing separately $152,525 Head of household $279,650   If you expect your AGI to be more than the amount listed, use Worksheet 1–2 to figure your reduction in itemized deductions. Www irs gov Worksheet 1-2. Www irs gov Deductions and Adjustments Worksheet (Form W-4)—Line 1 Phaseout of Itemized Deductions 1. Www irs gov Enter the estimated total of your itemized deductions 1. Www irs gov   2. Www irs gov Enter the amount included in line 1 for medical and dental expenses, investment interest, casualty or theft losses, and gambling losses 2. Www irs gov   3. Www irs gov Is the amount on line 2 less than the amount on line 1? ❑ No. Www irs gov Stop here. Www irs gov Your deduction is not limited. Www irs gov Enter the amount from line 1 above on line 1 of the Deductions and Adjustments Worksheet. Www irs gov  ❑ Yes. Www irs gov Subtract line 2 from line 1. Www irs gov 3. Www irs gov       4. Www irs gov Multiply line 3 by 80% (. Www irs gov 80) 4. Www irs gov       5. Www irs gov Enter your expected AGI 5. Www irs gov       6. Www irs gov Enter $305,050 If married filing jointly or qualifying widow(er), $279,650 if head of household, $254,200 if single, or $152,525 if married filing separately 6. Www irs gov   7. Www irs gov Is the amount on line 6 less than the amount on line 5? ❑ No. Www irs gov Stop here. Www irs gov Your deduction is not limited. Www irs gov Enter the amount from line 1 above on line 1 of the Deductions and Adjustments Worksheet. Www irs gov  ❑ Yes. Www irs gov Subtract line 6 from line 5. Www irs gov 7. Www irs gov       8. Www irs gov Multiply line 7 by 3% (. Www irs gov 03) 8. Www irs gov       9. Www irs gov Enter the smaller of line 4 or line 8 9. Www irs gov     10. Www irs gov Subtract line 9 from line 1. Www irs gov Enter the result here and on line 1 of the Deductions and Adjustments Worksheet 10. Www irs gov     Adjustments to income (worksheet line 4). Www irs gov   Enter your estimated total adjustments to income on line 4 of the Deductions and Adjustments Worksheet. Www irs gov   You can take the following adjustments to income into account when figuring additional withholding allowances for 2014. Www irs gov These adjustments appear on page 1 of your Form 1040 or 1040A. Www irs gov Net losses from Schedules C, D, E, and F of Form 1040 and from Part II of Form 4797, line 18b. Www irs gov Net operating loss carryovers. Www irs gov Certain business expenses of reservists, performing artists, and fee-based government officials. Www irs gov Health savings account or medical savings account deduction. Www irs gov Certain moving expenses. Www irs gov Deduction for self-employment tax. Www irs gov Deduction for contributions to self-employed SEP, and qualified SIMPLE plans. Www irs gov Self-employed health insurance deduction. Www irs gov Penalty on early withdrawal of savings. Www irs gov Alimony paid. Www irs gov IRA deduction. Www irs gov Student loan interest deduction. Www irs gov Jury duty pay given to your employer. Www irs gov Reforestation amortization and expenses. Www irs gov Deductible expenses related to income reported on line 21 from the rental of personal property engaged in for profit. Www irs gov Repayment of certain supplemental unemployment benefits. Www irs gov Contributions to IRC 501(c)(18)(D) pension plans. Www irs gov Contributions by certain chaplains to IRC 403(b) plans. Www irs gov Attorney fees and court costs for certain unlawful discrimination claims. Www irs gov Attorney fees and court costs for certain whistleblower awards. Www irs gov Estimated amount of decrease in tax attributable to income averaging using Schedule J (Form 1040). Www irs gov Tax credits (worksheet line 5). Www irs gov   Although you can take most tax credits into account when figuring withholding allowances, the Personal Allowances Worksheet uses only the child and dependent care credit (line F) and the child tax credit (line G). Www irs gov But you can take these credits and others into account by adding an extra amount on line 5 of the Deductions and Adjustments Worksheet. Www irs gov   If you take the child and dependent care credit into account on line 5, do not use line F. Www irs gov If you take the child tax credit into account on line 5, do not use line G. Www irs gov   In addition to the child and dependent care credit and the child tax credit, you can generally take into account the following credits. Www irs gov See the individual tax form instructions for more details. Www irs gov Foreign tax credit, except any credit that applies to wages not subject to U. Www irs gov S. Www irs gov income tax withholding because they are subject to income tax withholding by a foreign country. Www irs gov See Publication 514, Foreign Tax Credit for Individuals. Www irs gov Credit for the elderly or the disabled. Www irs gov See Publication 524, Credit for the Elderly or the Disabled. Www irs gov Education credits. Www irs gov See Publication 970, Tax Benefits for Education. Www irs gov Retirement savings contributions credit (saver's credit). Www irs gov See Publication 590. Www irs gov Mortgage interest credit. Www irs gov See Publication 530, Tax Information for Homeowners. Www irs gov Adoption credit. Www irs gov See the Instructions for Form 8839. Www irs gov Credit for nonrefundable portion of prior year minimum tax if you paid alternative minimum tax in an earlier year. Www irs gov See the Instructions for Form 8801. Www irs gov General business credit. Www irs gov See the Instructions for Form 3800. Www irs gov Earned income credit. Www irs gov See Publication 596. Www irs gov Figuring line 5 entry. Www irs gov   To figure the amount to add on line 5 for tax credits, multiply your estimated total credits by the appropriate number from Table 1-3 . Www irs gov Example. Www irs gov You are married and expect to file a joint return for 2014. Www irs gov Your combined estimated wages are $68,000. Www irs gov Your estimated tax credits include a child and dependent care credit of $960 and a mortgage interest credit of $1,700 (total credits = $2,660). Www irs gov In Table 1-3, the number corresponding to your combined estimated wages ($42,001 – $98,000) is 6. Www irs gov 7. Www irs gov Multiply your total estimated tax credits of $2,660 by 6. Www irs gov 7. Www irs gov Add the result, $17,822, to the amount you otherwise would show on line 5 of the Deductions and Adjustments Worksheet and enter the total on line 5. Www irs gov Because you choose to account for your child and dependent care credit this way, do not make an entry on line F of the Personal Allowances Worksheet. Www irs gov Nonwage income (worksheet line 6). Www irs gov   Enter on line 6 your estimated total nonwage income (other than tax-exempt income). Www irs gov Nonwage income includes interest, dividends, net rental income, unemployment compensation, alimony, gambling winnings, prizes and awards, hobby income, capital gains, royalties, and partnership income. Www irs gov   If line 6 is more than line 5, you may not have enough income tax withheld from your wages. Www irs gov See Getting the Right Amount of Tax Withheld , later. Www irs gov Net deductions and adjustments (worksheet line 8). Www irs gov    If line 7 is less than $3,950, enter “0” on line 8. Www irs gov If line 7 is $3,950 or more, divide it by $3,950, drop any fraction, and enter the result on line 8. Www irs gov Example. Www irs gov If line 7 is $5,200, $5,200 ÷ $3,950 = 1. Www irs gov 32. Www irs gov Drop the fraction (. Www irs gov 32) and enter “1” on line 8. Www irs gov Two-Earners/Multiple Jobs Worksheet Complete the Two-Earners/Multiple Jobs Worksheet on page 2 of Form W-4 if you have more than one job or are married and you and your spouse both work and the combined earnings from all jobs are more than $50,000 ($20,000 if married). Www irs gov Reducing your allowances (worksheet lines 1-3). Www irs gov   On line 1 of the worksheet, enter the number from line H of the Personal Allowances Worksheet (or line 10 of the Deductions and Adjustments Worksheet, if used). Www irs gov Using Table 1 in the Two-Earners/Multiple Jobs Worksheet, find the number listed beside the amount of your estimated wages for the year from your lowest paying job (or if lower and you are filing jointly, your spouse's job). Www irs gov Enter that number on line 2. Www irs gov However, if you are married filing jointly and estimated wages from the highest paying job are $65,000 or less, do not enter more than “3. Www irs gov ”    Table 1-3. Www irs gov Deductions and Adjustments Worksheet (Form W-4)—Line 5 a. Www irs gov  Married Filing Jointly or Qualifying Widow(er) If combined income from all sources is:   Multiply credits by: $0 – 42,000 10. Www irs gov 0 $42,001 – 98,000 6. Www irs gov 7 $98,001 – 180,000 4. Www irs gov 0 $180,001 – 270,000 3. Www irs gov 6 $270,001 – 440,000 3. Www irs gov 0 $440,001 – 490,000. Www irs gov . Www irs gov . Www irs gov . Www irs gov 2. Www irs gov 9 $490,001 and over 2. Www irs gov 5 b. Www irs gov  Single If combined income from all sources is:   Multiply credits by: $0 – 19,000 10. Www irs gov 0 $19,001 – 47,000 6. Www irs gov 7 $47,001 – 104,000 4. Www irs gov 0 $104,001 – 205,000 3. Www irs gov 6 $205,001 – 430,000 3. Www irs gov 0 $430,001 and over 2. Www irs gov 5 c. Www irs gov  Head of Household If combined income from all sources is:   Multiply credits by: $0 – 30,000 10. Www irs gov 0 $30,001 – 66,000 6. Www irs gov 7 $66,001 – 150,000 4. Www irs gov 0 $150,001 – 235,000 3. Www irs gov 6 $235,001 – 430,000 3. Www irs gov 0 $430,001 – 460,000 2. Www irs gov 9 $460,001 and over 2. Www irs gov 5 d. Www irs gov  Married Filing Separately   If combined income from all sources is:   Multiply credits by: $0 – 21,000 10. Www irs gov 0 $21,001 – 49,000 6. Www irs gov 7 $49,001 – 90,000 4. Www irs gov 0 $90,001 – 135,000 3. Www irs gov 6 $135,001 – 220,000 3. Www irs gov 0 $220,001 – 245,000 2. Www irs gov 9 $245,001 and over 2. Www irs gov 5   Subtract line 2 from line 1 and enter the result (but not less than zero) on line 3 and on Form W-4, line 5. Www irs gov If line 1 is more than or equal to line 2, do not use the rest of the worksheet. Www irs gov   If line 1 is less than line 2, enter “0” on Form W-4, line 5. Www irs gov Then complete lines 4 through 9 of the worksheet to figure the additional withholding needed to avoid underwithholding. Www irs gov Other amounts owed. Www irs gov   If you expect to owe amounts other than income tax, such as self-employment tax, include them on line 8. Www irs gov The total is the additional withholding needed for the year. Www irs gov Getting the Right Amount of Tax Withheld In most situations, the tax withheld from your pay will be close to the tax you figure on your return if you follow these two rules. Www irs gov You accurately complete all the Form W-4 worksheets that apply to you. Www irs gov You give your employer a new Form W-4 when changes occur. Www irs gov But because the worksheets and withholding methods do not account for all possible situations, you may not be getting the right amount withheld. Www irs gov This is most likely to happen in the following situations. Www irs gov You are married and both you and your spouse work. Www irs gov You have more than one job at a time. Www irs gov You have nonwage income, such as interest, dividends, alimony, unemployment compensation, or self-employment income. Www irs gov You will owe additional amounts with your return, such as self-employment tax. Www irs gov Your withholding is based on obsolete Form W-4 information for a substantial part of the year. Www irs gov Your earnings are more than $130,000 if you are single or $180,000 if you are married. Www irs gov You work only part of the year. Www irs gov You change the number of your withholding allowances during the year. Www irs gov You are subject to Additional Medicare Tax or Net Investment Income Tax. Www irs gov If you anticipate liability for Additional Medicare Tax or Net Investment Income Tax, you may request that your employer withhold an additional amount of income tax withholding on Form W-4. Www irs gov Part-Year Method If you work only part of the year and your employer agrees to use the part-year withholding method, less tax will be withheld from each wage payment than would be withheld if you worked all year. Www irs gov To be eligible for the part-year method, you must meet both of the following requirements. Www irs gov You must use the calendar year (the 12 months from January 1 through December 31) as your tax year. Www irs gov You cannot use a fiscal year. Www irs gov You must not expect to be employed for more than 245 days during the year. Www irs gov To figure this limit, count all calendar days that you are employed (including weekends, vacations, and sick days) beginning with the first day you are on the job for pay and ending with your last day of work. Www irs gov If you are temporarily laid off for 30 days or less, count those days too. Www irs gov If you are laid off for more than 30 days, do not count those days. Www irs gov You will not meet this requirement if you begin working before May 1 and expect to work for the rest of the year. Www irs gov How to apply for the part-year method. Www irs gov   You must ask your employer in writing to use this method. Www irs gov The request must state all three of the following. Www irs gov The date of your last day of work for any prior employer during the current calendar year. Www irs gov That you do not expect to be employed more than 245 days during the current calendar year. Www irs gov That you use the calendar year as your tax year. Www irs gov Cumulative Wage Method If you change the number of your withholding allowances during the year, too much or too little tax may have been withheld for the period before you made the change. Www irs gov You may be able to compensate for this if your employer agrees to use the cumulative wage withholding method for the rest of the year. Www irs gov You must ask your employer in writing to use this method. Www irs gov To be eligible, you must have been paid for the same kind of payroll period (weekly, biweekly, etc. Www irs gov ) since the beginning of the year. Www irs gov Aids for Figuring Your Withholding IRS Withholding Calculator. Www irs gov   If you had too much or too little income tax withheld from your pay, the IRS provides a withholding calculator on its website. Www irs gov Go to www. Www irs gov irs. Www irs gov gov/Individuals/IRS-Withholding-Calculator. Www irs gov It can help you determine the correct amount to be withheld any time during the year. Www irs gov Rules Your Employer Must Follow It may be helpful for you to know some of the withholding rules your employer must follow. Www irs gov These rules can affect how to fill out your Form W-4 and how to handle problems that may arise. Www irs gov New Form W-4. Www irs gov   When you start a new job, your employer should give you a Form W-4 to fill out. Www irs gov Beginning with your first payday, your employer will use the information you give on the form to figure your withholding. Www irs gov   If you later fill out a new Form W-4, your employer can put it into effect as soon as possible. Www irs gov The deadline for putting it into effect is the start of the first payroll period ending 30 or more days after you turn it in. Www irs gov No Form W-4. Www irs gov   If you do not give your employer a completed Form W-4, your employer must withhold at the highest rate, as if you were single and claimed no withholding allowances. Www irs gov Repaying withheld tax. Www irs gov   If you find you are having too much tax withheld because you did not claim all the withholding allowances you are entitled to, you should give your employer a new Form W-4. Www irs gov Your employer cannot repay any of the tax previously withheld. Www irs gov Instead, claim the full amount withheld when you file your tax return. Www irs gov   However, if your employer has withheld more than the correct amount of tax for the Form W-4 you have in effect, you do not have to fill out a new Form W-4 to have your withholding lowered to the correct amount. Www irs gov Your employer can repay the amount that was withheld incorrectly. Www irs gov If you are not repaid, your Form W-2 will reflect the full amount actually withheld, which you would claim when you file your tax return. Www irs gov IRS review of your withholding. Www irs gov   Whether you are entitled to claim a certain number of allowances or a complete exemption from withholding is subject to review by the IRS. Www irs gov Your employer may be required to send a copy of the Form W-4 to the IRS. Www irs gov There is a penalty for supplying false information on Form W-4. Www irs gov See Penalties , later. Www irs gov   If the IRS determines that you cannot claim more than a specified number of withholding allowances or claim a complete exemption from withholding, the IRS will issue a notice of the maximum number of withholding allowances permitted (commonly referred to as a “lock-in letter”) to both you and your employer. Www irs gov   The IRS will provide a period of time during which you can dispute the determination before your employer adjusts your withholding. Www irs gov If you believe that you are entitled to claim complete exemption from withholding or claim more withholding allowances than the maximum number specified by the IRS in the lock-in letter, you must submit a new Form W-4 and a written statement to support your claims to the IRS. Www irs gov Contact information (a toll-free number and an IRS office address) will be provided in the lock-in letter. Www irs gov At the end of this period, if you have not responded or if your response is not adequate, your employer will be required to withhold based on the original lock-in letter. Www irs gov   After the lock-in letter takes effect, your employer must withhold tax on the basis of the withholding rate (marital status) and maximum number of withholding allowances specified in that letter. Www irs gov   If you later believe that you are entitled to claim exemption from withholding or more allowances than the IRS determined, you can complete a new Form W-4 and a written statement to support the claims made on the Form W-4 and send them directly to the IRS address shown on the lock-in letter. Www irs gov Your employer must continue to figure your withholding on the basis of the number of allowances previously determined by the IRS until the IRS advises your employer otherwise. Www irs gov   At any time, either before or after the lock-in letter becomes effective, you may give your employer a new Form W-4 that does not claim complete exemption from withholding and results in more income tax withheld than specified in the lock-in letter. Www irs gov Your employer must then withhold tax based on this new Form W-4. Www irs gov   Additional information is available at IRS. Www irs gov gov. Www irs gov Enter “withholding compliance questions” in the search box. Www irs gov Exemption From Withholding If you claim exemption from withholding, your employer will not withhold federal income tax from your wages. Www irs gov The exemption applies only to income tax, not to social security or Medicare tax. Www irs gov You can claim exemption from withholding for 2014 only if both of the following situations apply. Www irs gov For 2013 you had a right to a refund of all federal income tax withheld because you had no tax liability. Www irs gov For 2014 you expect a refund of all federal income tax withheld because you expect to have no tax liability. Www irs gov Use Figure 1-A to help you decide whether you can claim exemption from withholding. Www irs gov Do not use Figure 1-A if you: Are 65 or older, Are blind, Will itemize deductions on your 2014 return, Will claim an exemption for a dependent on your 2014 return, or Will claim any tax credits on your 2014 return. Www irs gov These situations are discussed later. Www irs gov Students. Www irs gov   If you are a student, you are not automatically exempt. Www irs gov If you work only part time or during the summer, you may qualify for exemption from withholding. Www irs gov Example 1. Www irs gov You are a high school student and expect to earn $2,500 from a summer job. Www irs gov You do not expect to have any other income during the year, and your parents will be able to claim an exemption for you on their tax return. Www irs gov You worked last summer and had $375 federal income tax withheld from your pay. Www irs gov The entire $375 was refunded when you filed your 2013 return. Www irs gov Using Figure 1-A, you find that you can claim exemption from withholding. Www irs gov Please click here for the text description of the image. Www irs gov Figure 1-A: Exemption From Withholding on Form W-4 Example 2. Www irs gov The facts are the same as in Example 1, except that you also have a savings account and expect to have $400 interest income during the year. Www irs gov Using Figure 1-A, you find that you cannot claim exemption from withholding because your unearned income will be more than $350 and your total income will be more than $1,000. Www irs gov    You may have to file a tax return, even if you are exempt from withholding. Www irs gov See Publication 501 to see whether you must file a return. Www irs gov    Age 65 or older or blind. Www irs gov If you are 65 or older or blind, use Worksheet 1-3 or Worksheet 1-4, to help you decide whether you can claim exemption from withholding. Www irs gov Do not use either worksheet if you will itemize deductions, claim exemptions for dependents, or claim tax credits on your 2014 return. Www irs gov Instead, see Itemizing deductions or claiming exemptions or credits, next. Www irs gov Itemizing deductions or claiming exemptions or credits. Www irs gov   If you had no tax liability for 2013, and you will: Itemize deductions, Claim an exemption for a dependent, or Claim a tax credit, use the 2014 Estimated Tax Worksheet (also see chapter 2), to figure your 2014 expected tax liability. Www irs gov You can claim exemption from withholding only if your total expected tax liability (line 13c of the worksheet) is zero. Www irs gov Claiming exemption from withholding. Www irs gov   To claim exemption, you must give your employer a Form W-4. Www irs gov Do not complete lines 5 and 6. Www irs gov Enter “Exempt” on line 7. Www irs gov   If you claim exemption, but later your situation changes so that you will have to pay income tax after all, you must file a new Form W-4 within 10 days after the change. Www irs gov If you claim exemption in 2014 but you expect to owe income tax for 2015, you must file a new Form W-4 by December 1, 2014. Www irs gov   Your claim of exempt status may be reviewed by the IRS. Www irs gov See IRS review of your withholding , earlier. Www irs gov An exemption is good for only 1 year. Www irs gov   You must give your employer a new Form W-4 by February 15 each year to continue your exemption. Www irs gov Supplemental Wages Supplemental wages include bonuses, commissions, overtime pay, vacation allowances, certain sick pay, and expense allowances under certain plans. Www irs gov The payer can figure withholding on supplemental wages using the same method used for your regular wages. Www irs gov However, if these payments are identified separately from regular wages, your employer or other payer of supplemental wages can withhold income tax from these wages at a flat rate. Www irs gov Expense allowances. Www irs gov   Reimbursements or other expense allowances paid by your employer under a nonaccountable plan are treated as supplemental wages. Www irs gov A nonaccountable plan is a reimbursement arrangement that does not require you to account for, or prove, your business expenses to your employer or does not require you to return your employer's payments that are more than your proven expenses. Www irs gov   Reimbursements or other expense allowances paid under an accountable plan that are more than your proven expenses are treated as paid under a nonaccountable plan if you do not return the excess payments within a reasonable period of time. Www irs gov Accountable plan. Www irs gov   To be an accountable plan, your employer's reimbursement or allowance arrangement must include all three of the following rules. Www irs gov Your expenses must have a business connection. Www irs gov That is, you must have paid or incurred deductible expenses while performing services as an employee of your employer. Www irs gov You must adequately account to your employer for these expenses within a reasonable period of time. Www irs gov You must return any excess reimbursement or allowance within a reasonable period of time. Www irs gov    An excess reimbursement or allowance is any amount you are paid that is more than the business-related expenses that you adequately accounted for to your employer. Www irs gov   The definition of reasonable period of time depends on the facts and circumstances of your situation. Www irs gov However, regardless of those facts and circumstances, actions that take place within the times specified in the following list will be treated as taking place within a reasonable period of time. Www irs gov You receive an advance within 30 days of the time you have an expense. Www irs gov You adequately account for your expenses within 60 days after they were paid or incurred. Www irs gov You return any excess reimbursement within 120 days after the expense was paid or incurred. Www irs gov You are given a periodic statement (at least quarterly) that asks you to either return or adequately account for outstanding advances and you comply within 120 days of the statement. Www irs gov Nonaccountable plan. Www irs gov   Any plan that does not meet the definition of an accountable plan is considered a nonaccountable plan. Www irs gov For more information about accountable and nonaccountable plans, see chapter 6 of Publication 463, Travel, Entertainment, Gift, and Car Expenses. Www irs gov Penalties You may have to pay a penalty of $500 if both of the following apply. Www irs gov You make statements or claim withholding allowances on your Form W-4 that reduce the amount of tax withheld. Www irs gov You have no reasonable basis for those statements or allowances at the time you prepare your Form W-4. Www irs gov There is also a criminal penalty for willfully supplying false or fraudulent information on your Form W-4 or for willfully failing to supply information that would increase the amount withheld. Www irs gov The penalty upon conviction can be either a fine of up to $1,000 or imprisonment for up to 1 year, or both. Www irs gov These penalties will apply if you deliberately and knowingly falsify your Form W-4 in an attempt to reduce or eliminate the proper withholding of taxes. Www irs gov A simple error or an honest mistake will not result in one of these penalties. Www irs gov For example, a person who has tried to figure the number of withholding allowances correctly, but claims seven when the proper number is six, will not be charged a Form W-4 penalty. Www irs gov However, see chapter 4 for information on the penalty for underpaying your tax. Www irs gov Tips The tips you receive while working on your job are considered part of your pay. Www irs gov You must include your tips on your tax return on the same line as your regular pay. Www irs gov However, tax is not withheld directly from tip income, as it is from your regular pay. Www irs gov Nevertheless, your employer will take into account the tips you report when figuring how much to withhold from your regular pay. Www irs gov Reporting tips to your employer. Www irs gov   If you receive tips of $20 or more in a month while working for any one employer, you must report to your employer the total amount of tips you receive on the job during the month. Www irs gov The report is due by the 10th day of the following month. Www irs gov   If you have more than one job, make a separate report to each employer. Www irs gov Report only the tips you received while working for that employer, and only if they total $20 or more for the month. Www irs gov How employer figures amount to withhold. Www irs gov   The tips you report to your employer are counted as part of your income for the month you report them. Www irs gov Your employer can figure your withholding in either of two ways. Www irs gov By withholding at the regular rate on the sum of your pay plus your reported tips. Www irs gov By withholding at the regular rate on your pay plus a percentage of your reported tips. Www irs gov Not enough pay to cover taxes. Www irs gov   If your regular pay is not enough for your employer to withhold all the tax (including income tax and social security and Medicare taxes (or the equivalent railroad retirement tax)) due on your pay plus your tips, you can give your employer money to cover the shortage. Www irs gov   If you do not give your employer money to cover the shortage, your employer first withholds as much Medicare tax and social security or railroad retirement tax as possible, up to the proper amount, and then withholds income tax up to the full amount of your pay. Www irs gov If not enough tax is withheld, you may have to pay estimated tax. Www irs gov When you file your return, you also may have to pay any Medicare and social security tax or railroad retirement tax your employer could not withhold. Www irs gov Tips not reported to your employer. Www irs gov   On your tax return, you must report all the tips you receive during the year, even tips you do not report to your employer (this includes the value of any noncash tips you received, such as tickets, passes, or other items of value). Www irs gov Make sure you are having enough tax withheld, or are paying enough estimated tax (see chapter 2), to cover all your tip income. Www irs gov Allocated tips. Www irs gov   If you work in a large food or beverage establishment, your employer may have to report an allocated amount of tips on your Form W-2. Www irs gov   Your employer should not withhold income tax, Medicare tax, and social security or railroad retirement tax on the allocated amount. Www irs gov Withholding is based only on your pay plus your reported tips. Www irs gov Your employer should refund to you any incorrectly withheld tax. Www irs gov More information. Www irs gov   For more information on the reporting and withholding rules for tip income and on tip allocation, see Publi
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Www irs gov 8. Www irs gov   Dividendos y Otras Distribuciones Table of Contents Recordatorio Introduction Useful Items - You may want to see: Información GeneralDividendos no declarados en el Formulario 1099-DIV. Www irs gov Cómo se le informa del impuesto retenido. Www irs gov Nominatarios. Www irs gov Dividendos OrdinariosDividendos Calificados Dividendos Utilizados para la Compra de más Acciones Fondos de Inversión del Mercado Monetario Distribuciones de Ganancias de CapitalAjuste a la base. Www irs gov Distribuciones que no son DividendosDistribuciones de Liquidación Distribuciones de Acciones y Derechos a Acciones Otras DistribucionesRequisito de declarar ciertos datos. Www irs gov Tratamiento del impuesto mínimo alternativo. Www irs gov Cómo Declarar el Ingreso de DividendosDeducción de los intereses de inversiones. Www irs gov Recordatorio Ingresos de fuentes en el extranjero. Www irs gov  Si es ciudadano de los Estados Unidos con ingresos por concepto de dividendos de fuentes fuera de los Estados Unidos (ingresos del extranjero), tiene que declarar todos estos ingresos en la declaración de impuestos a menos que sean ingresos exentos por las leyes de los EE. Www irs gov UU. Www irs gov Esto es cierto independientemente de si reside dentro o fuera de los EE. Www irs gov UU. Www irs gov y si recibe o no el Formulario 1099 de un pagador extranjero. Www irs gov Introduction Este capítulo explica el trato tributario que se le da a: Dividendos ordinarios, Distribuciones de ganancias de capital, Distribuciones que no sean dividendos y Otras distribuciones que pueda recibir de una sociedad anónima o de un fondo mutuo. Www irs gov Este capítulo también explica cómo se declara el ingreso de dividendos en su declaración de impuestos. Www irs gov Los dividendos son distribuciones de dinero, acciones u otras clases de bienes que le paga a usted una sociedad anónima o fondo mutuo. Www irs gov Puede recibir también dividendos a través de una sociedad colectiva, un caudal hereditario, un fideicomiso o una asociación a la que se le gravan impuestos como a una sociedad anónima. Www irs gov Sin embargo, algunas cantidades recibidas por usted y denominadas dividendos, son de hecho ingresos de intereses. Www irs gov Vea Dividendos que en realidad son intereses , bajo Intereses Sujetos a Impuestos, en el capítulo 7. Www irs gov La mayoría de las distribuciones se pagan en efectivo (o con cheque). Www irs gov No obstante, las distribuciones pueden consistir en más acciones, derechos de suscripción de acciones u otros bienes o servicios adicionales. Www irs gov Useful Items - You may want to see: Publicación 514 Foreign Tax Credit for Individuals (Crédito por impuestos del extranjero para personas físicas), en inglés 550 Investment Income and Expenses (Ingresos y gastos de inversiones), en inglés Formulario (e Instrucciones) Anexo B (Formulario 1040A o 1040) Interest and Ordinary Dividends (Intereses y dividendos ordinarios), en inglés Información General Esta sección explica las reglas generales sobre ingresos de dividendos. Www irs gov Impuesto sobre ingresos no derivados del trabajo de determinados hijos. Www irs gov   El impuesto sobre una parte del ingreso no derivado del trabajo recibido por un hijo en 2013 puede ser tributado a la tasa impositiva correspondiente de los padres. Www irs gov Si es así, tiene que completar el Formulario 8615, Tax for Certain Children Who Have Unearned Income (Impuestos para determinados hijos que tienen ingresos no derivados del trabajo), en inglés, y adjuntarlo a la declaración de impuestos del hijo. Www irs gov Si no es así, no se requiere el Formulario 8615 y los ingresos del menor están sujetos a la tasa impositiva que le corresponde. Www irs gov       Algunos padres o madres pueden optar por incluir los intereses y dividendos del hijo en la declaración de impuestos del padre o la madre si se cumplen ciertos requisitos. Www irs gov Si puede, utilice el Formulario 8814, Parents' Election To Report Child's Interest and Dividends (Elección del padre o de la madre de declarar los intereses y dividendos de un hijo), en inglés, para este propósito. Www irs gov   Si desea obtener más información sobre el impuesto sobre los ingresos no derivados del trabajo de un hijo y la elección de los padres, vea el capítulo 31. Www irs gov Beneficiario de un caudal hereditario o fideicomiso. Www irs gov    Los dividendos y otras distribuciones que reciba como beneficiario de un caudal hereditario o de un fideicomiso por lo general se consideran ingresos tributables. Www irs gov El fiduciario debería enviarle un Anexo K-1 (Formulario 1041), Beneficiary's Share of Income, Deductions, Credits, etc. Www irs gov (Parte del ingreso, deducciones, créditos, etc. Www irs gov , de un beneficiario), en inglés. Www irs gov Su copia del Anexo K-1 (Formulario 1041) e instrucciones le indicarán dónde debe declarar los ingresos en el Formulario 1040. Www irs gov Número de Seguro Social (SSN, por sus siglas en inglés) o número de identificación de contribuyente individual (ITIN por sus siglas en inglés). Www irs gov    Tiene que darle su nombre y número de Seguro Social (o su número de identificación de contribuyente individual (ITIN, por sus siglas en inglés)) a toda persona que esté obligada por la ley federal de impuestos a expedir una declaración, un informe u otro documento relacionado con usted. Www irs gov Esto incluye las entidades que pagan dividendos. Www irs gov Es posible que tenga que pagar una multa si no le proporciona su número de Seguro Social o su número de identificación de contribuyente individual (ITIN) a la entidad que paga los dividendos. Www irs gov Para obtener más información sobre los números de Seguro Social y los números de identificación de contribuyente individual, vea Número de Seguro Social en el capítulo 1. Www irs gov Retención adicional. Www irs gov   El ingreso de dividendos por lo general no está sujeto a la retención normal. Www irs gov Sin embargo, podría estar sujeto a la retención adicional de impuestos para asegurar que el impuesto sobre el ingreso sea recaudado sobre ese ingreso. Www irs gov Conforme a la retención adicional de impuestos, la entidad que paga los dividendos tiene que retener impuestos sobre los ingresos de la cantidad que le paga a usted, aplicándo la tasa de retención correspondiente. Www irs gov   También puede requerirse una retención adicional de impuestos si el IRS ha determinado que usted ha declarado una cantidad inferior de ingresos de intereses o dividendos de lo que dn verdad recibió. Www irs gov Para más información, vea Retención Adicional , en el capítulo 4. Www irs gov Certificado de acciones a nombre de dos o más personas. Www irs gov   Si dos o más personas tienen acciones de propiedad conjunta, propiedad en tenencia conyugal o propiedad en tenencia común, la parte de los dividendos de las acciones que le corresponde a cada persona está determinada por las leyes locales. Www irs gov Formulario 1099-DIV. Www irs gov   La mayoría de las sociedades anónimas y fondos mutuos usan el Formulario 1099-DIV, Dividends and Distributions (Dividendos y distribuciones), en inglés, para informarle de las distribuciones que recibió de ellas durante el año. Www irs gov Guarde este formulario con su documentación. Www irs gov No tiene que adjuntar el formulario a su declaración de impuestos. Www irs gov Dividendos no declarados en el Formulario 1099-DIV. Www irs gov   Aun si no recibe el Formulario 1099-DIV, tendrá que declarar todos sus ingresos de dividendos sujetos a impuestos. Www irs gov Por ejemplo, podría recibir acciones repartidas de dividendos de sociedades colectivas o de sociedades anónimas de tipo S. Www irs gov A usted se le informa de dichos dividendos en el Anexo K-1 (del Formulario 1065), Partner's Share of Income, Deductions, Credits, etc. Www irs gov (Parte de los ingresos, deducciones, créditos, etc. Www irs gov , correspondiente al socio), en inglés, y en el Anexo K-1 (del Formulario 1120S), Shareholder's Share of Income, Deductions, Credits, etc. Www irs gov (Parte de los ingresos, deducciones, créditos, etc. Www irs gov , correspondiente al accionista), en inglés. Www irs gov Cómo se le informa del impuesto retenido. Www irs gov   Si se le retienen impuestos sobre su ingreso de dividendos, el pagador tiene que darle un Formulario 1099-DIV que indica la cantidad retenida. Www irs gov Nominatarios. Www irs gov   Si alguien recibe distribuciones como nominatario suyo, esa persona le dará un Formulario 1099-DIV que indicará las distribuciones recibidas en nombre de usted. Www irs gov Formulario 1099-MISC. Www irs gov   A usted se le tiene que informar de ciertos pagos sustitutivos en lugar de dividendos o intereses exentos de impuestos que recibe de un agente corredor bursátil en su nombre en el Formulario 1099-MISC, Miscellaneous Income (Ingresos misceláneos), en inglés, o en un documento similar. Www irs gov Vea Reporting Substitute Payments (Cómo informar de pagos sustitutivos), bajo Short Sales (Ventas a corto al descubierto), en el capítulo 4 de la Publicación 550, en inglés, para más información sobre cómo informar de estos pagos. Www irs gov Cantidad incorrecta que aparece en un Formulario 1099. Www irs gov   Si recibe un Formulario 1099 que indica una cantidad incorrecta (u otra información incorrecta), debe pedirle a la persona que le dio el formulario que le envíe otro formulario corregido. Www irs gov En el nuevo Formulario 1099 que recibirá aparecerá la palabra “ Corrected ” (Corregido). Www irs gov Dividendos de acciones vendidas. Www irs gov   Si se venden o intercambian acciones, o si se enajenan de otra manera después de que se declare un dividendo pero antes de ser pagado, el dueño oficial (usualmente la persona a quien se le expide el cheque de dividendos) tiene que incluir el dividendo en sus ingresos. Www irs gov Dividendos recibidos en enero. Www irs gov   A usted se le considera que ha recibido un dividendo el 31 de diciembre si un fondo mutuo (u otra compañía de inversiones reglamentada) o una sociedad de inversión inmobiliaria (REIT, por sus siglas en inglés) declara un dividendo (incluyendo todo dividendo que produzca intereses exentos o una distribución de ganancias de capital) en octubre, noviembre o diciembre, pagadero a los accionistas oficiales en una fecha de uno de estos meses, pero que realmente paga el dividendo durante enero del próximo año calendario. Www irs gov Usted tiene que declarar el dividendo en el año en que fue declarado. Www irs gov Dividendos Ordinarios Los dividendos ordinarios (sujetos a impuestos) son la distribución más común hecha por una sociedad anónima o un fondo mutuo. Www irs gov Se pagan usando ingresos y ganancias y son considerados ingresos ordinarios para usted. Www irs gov Esto significa que no son ganancias de capital. Www irs gov Puede suponer que todo dividendo que reciba de acciones comunes o preferentes es un dividendo ordinario a menos que la sociedad anónima o el fondo mutuo que efectúa el pago le indique lo contrario. Www irs gov Los dividendos ordinarios se muestran en el recuadro 1a del Formulario 1099-DIV que usted reciba. Www irs gov Dividendos Calificados Los dividendos calificados son los dividendos ordinarios sujetos a la misma tasa impositiva máxima del 0%, 15% o 20% que corresponde a las ganancias netas de capital. Www irs gov Deben indicarse en el recuadro 1b del Formulario 1099-DIV que reciba. Www irs gov La tasa máxima del impuesto sobre los dividendos calificados es: 0% sobre toda cantidad que de otro modo se le impondrían impuestos a una tasa del 10% o del 15%. Www irs gov 15% sobre toda cantidad que de otro modo se le impondrían impuestos a tasas mayores de 15%, pero menores de 39. Www irs gov 6%. Www irs gov 20% sobre toda cantidad que de otro modo se le impondrían impuestos a una tasa de 39. Www irs gov 6%. Www irs gov Para tener derecho a la tasa impositiva máxima, todos los requisitos siguientes tienen que cumplirse: Los dividendos tienen que haber sido pagados por una sociedad anónima estadounidense o una sociedad anónima extranjera calificada. Www irs gov Vea Sociedad anónima extranjera calificada , más adelante. Www irs gov Los dividendos no tienen la misma clasificación que aquéllos incluidos más adelante bajo Dividendos que no son dividendos calificados . Www irs gov Usted cumple el período de tenencia (tema que se explica a continuación). Www irs gov Período de tenencia. Www irs gov   Usted tiene que haber tenido las acciones por más de 60 días durante el período de 121 días que comienza 60 días antes de la fecha del ex dividendo. Www irs gov La fecha del ex dividendo es la primera fecha que sigue a la declaración del dividendo en la cual el comprador de las acciones no tiene derecho a recibir el siguiente pago de dividendos. Www irs gov En su lugar, el vendedor recibirá el dividendo. Www irs gov   Cuando cuente el número de días que tuvo las acciones, incluya el día en que enajenó las acciones, pero no el día en que las adquirió. Www irs gov Vea los ejemplos más adelante. Www irs gov Excepción para acciones preferentes. Www irs gov   En el caso de acciones preferentes, tiene que haber tenido las acciones por más de 90 días durante el período de 181 días que comienza 90 días antes de la fecha del ex dividendo, si los dividendos se deben a períodos cuyo total es más de 366 días. Www irs gov Si los dividendos preferentes se deben a períodos cuyo total es menos de 367 días, les corresponde el período de tenencia del párrafo anterior. Www irs gov Ejemplo 1. Www irs gov Usted compró 5,000 acciones ordinarias de la Compañía XYZ el 9 de julio de 2013. Www irs gov La Compañía XYZ pagó un dividendo en efectivo de 10 centavos por cada acción. Www irs gov La fecha del ex dividendo fue el 16 de julio de 2013. Www irs gov El Formulario 1099-DIV de la Compañía XYZ muestra $500 en el recuadro 1a (dividendos ordinarios) y en el recuadro 1b (dividendos calificados). Www irs gov No obstante, usted vendió las 5,000 acciones el 12 de agosto de 2013. Www irs gov Tuvo las acciones de la Compañía XYZ por sólo 34 días del período de 121 días (desde el 10 de julio de 2013 hasta el 12 de agosto de 2013). Www irs gov El período de 121 días comenzó el 17 de mayo de 2013 (60 días antes de la fecha del ex dividendo) y terminó el 14 de septiembre de 2013. Www irs gov Usted no tiene dividendos calificados de la Compañía XYZ porque tuvo las acciones de la compañía por menos de 61 días. Www irs gov Ejemplo 2. Www irs gov Suponga que los hechos son los mismos que en el Ejemplo 1, excepto que compró las acciones el 15 de julio de 2013 (el día antes de la fecha del ex dividendo) y vendió las acciones el 16 de septiembre de 2013. Www irs gov Usted tuvo las acciones por 63 días (desde el 16 de julio de 2013 hasta el 16 de septiembre de 2013). Www irs gov Los $500 de dividendos calificados mostrados en el recuadro 1b del Formulario 1099-DIV son en su totalidad dividendos calificados porque tuvo las acciones por 61 días del período de 121 días (desde el 16 de julio de 2013 hasta el 14 de septiembre de 2013). Www irs gov Ejemplo 3. Www irs gov Usted compró 10,000 acciones ordinarias del Fondo Mutuo ABC el 9 de julio de 2013. Www irs gov El Fondo Mutuo ABC pagó un dividendo en efectivo de 10 centavos por cada acción. Www irs gov La fecha del ex dividendo fue el 16 de julio de 2013. Www irs gov El Fondo Mutuo ABC le informa que la parte del dividendo que puede ser tratada como dividendos calificados equivale a 2 centavos por cada acción. Www irs gov El Formulario 1099-DIV del Fondo Mutuo ABC muestra dividendos ordinarios de $1,000 y dividendos calificados de $200. Www irs gov Sin embargo, usted vendió las 10,000 acciones el 12 de agosto de 2013. Www irs gov No tiene dividendos calificados del Fondo Mutuo ABC porque tuvo las acciones del Fondo Mutuo ABC menos de 61 días. Www irs gov Reducción del período de tenencia cuando disminuya el riesgo de pérdida. Www irs gov   Al determinar si usted cumplió el período mínimo de tenencia del que se habló anteriormente, no puede contar ningún día durante el cual se cumpliera alguna de las situaciones siguientes: Tuvo una opción para vender, estaba bajo obligación por contrato de venta o había hecho (pero no cerrado) una venta al descubierto de acciones o valores sustancialmente iguales. Www irs gov Era el otorgante (girador) de una opción de compra de acciones o valores bursátiles sustancialmente iguales. Www irs gov Su riesgo de pérdida disminuye por tener una o más posiciones en bienes sustancialmente iguales o afines. Www irs gov   Para información sobre cómo aplicar la condición (3), vea la sección 1. Www irs gov 246-5 de los Reglamentos. Www irs gov Sociedad anónima extranjera calificada. Www irs gov   Una sociedad anónima extranjera es una compañía extranjera calificada si cumple alguna de las siguientes condiciones: La sociedad anónima está incorporada (constituida legalmente) en un territorio de los Estados Unidos. Www irs gov La sociedad anónima reúne los requisitos para recibir los beneficios de un tratado amplio de impuestos sobre el ingreso con los Estados Unidos que el Departamento del Tesoro considere satisfactorio para este propósito y que incluya un programa de intercambio de información. Www irs gov Para una lista de estos tratados, vea la Tabla 8-1. Www irs gov La sociedad anónima no cumple las condiciones (1) o (2) anteriores, pero las acciones por las cuales se paga el dividendo son comercializables en un mercado de valores bursátiles establecido en los Estados Unidos. Www irs gov Vea Acciones comercializables listadas , más adelante. Www irs gov Excepción. Www irs gov   Una sociedad anónima no es una sociedad anónima extranjera calificada si es una compañía extranjera de inversiones pasivas durante el año tributario en el cual se pagan los dividendos o durante el año tributario anterior. Www irs gov Acciones comercializables listadas. Www irs gov   Todas las acciones (tales como acciones comunes, ordinarias o preferentes) o recibos de depósito estadounidenses respecto a esas acciones, satisfacen el requisito (3), mencionado anteriormente bajo Sociedad anónima extranjera calificada , si se listan (cotizan) en una bolsa de valores nacional que está inscrita conforme a la sección 6 de la Securities Exchange Act (Ley de la Bolsa de Valores) de 1934 o en el Mercado de Valores Nasdaq. Www irs gov Si desea ver una lista de las bolsas que reúnen estos requisitos, vea www. Www irs gov sec. Www irs gov gov/divisions/marketreg/mrexchanges. Www irs gov shtml, en inglés. Www irs gov Dividendos que no son dividendos calificados. Www irs gov   Los dividendos enumerados a continuación no son dividendos calificados. Www irs gov No son dividendos calificados aunque se encuentren indicados en el recuadro 1b del Formulario 1099-DIV. Www irs gov Distribuciones de ganancias de capital. Www irs gov Dividendos pagados sobre depósitos en cajas mutuas de ahorros, bancos cooperativos, cooperativas de crédito, asociaciones de crédito a la construcción estadounidenses, asociaciones de préstamo y ahorro estadounidenses, asociaciones federales de préstamo y ahorro e instituciones financieras similares. Www irs gov Declare estos ingresos como ingreso de intereses. Www irs gov Dividendos de una sociedad anónima que es una organización exenta de impuestos o una cooperativa agrícola durante el año tributario de la sociedad anónima en el cual se pagaron los dividendos o durante el año tributable anterior de la sociedad anónima. Www irs gov Dividendos pagados por una sociedad anónima sobre valores bursátiles del empleador tenidos en la fecha de registro por un plan de compra de acciones para empleados (ESOP, por sus siglas en inglés) mantenido por esa sociedad anónima. Www irs gov Dividendos sobre acciones hasta el punto que usted esté obligado (ya sea por venta al descubierto o de otra manera) a hacer pagos afines por posiciones en bienes sustancialmente similares o relacionados. Www irs gov Pagos en lugar de dividendos, pero sólo si usted sabe o tiene razón de saber que los pagos no son dividendos calificados. Www irs gov Pagos mostrados en el recuadro 1b del Formulario 1099-DIV, provenientes de una sociedad anónima extranjera hasta el punto que usted sepa o tenga razón de saber que los pagos no son dividendos calificados. Www irs gov Tabla 8-1. Www irs gov Tratados de Impuestos sobre los Ingresos Los tratados de impuestos sobre los ingresos que los Estados Unidos tiene con los siguientes países cumplen la condición (2) bajo Sociedad anónima extranjera calificada. Www irs gov       Australia India Reino Austria Indonesia Unido Alemania Irlanda República Bangladesh Islandia Checa Barbados Israel República Bélgica Italia Eslovaca Bulgaria Jamaica Rumania Canadá Japón Sri Lanka China Kazajstán Suecia Chipre Letonia Suiza Corea Lituania Sudáfrica Dinamarca Luxemburgo Tailandia Egipto Malta Trinidad y Eslovenia Marruecos Tobago España México Túnez Estonia Noruega Turquía Federación Nueva Ucrania Rusa Zelandia Venezuela Filipinas Países Bajos (Holanda)   Finlandia Paquistán   Francia Polonia   Grecia Portugal   Hungría       Dividendos Utilizados para la Compra de más Acciones La sociedad anónima en la cual usted tiene acciones podría tener un plan para la reinversión de dividendos. Www irs gov Tales planes le permiten optar por el uso de sus dividendos para comprar (por medio de un agente) más acciones en la sociedad anónima en vez de recibir los dividendos en efectivo. Www irs gov La mayoría de los fondos de inversión también permiten a los accionistas reinvertir automáticamente las distribuciones para comprar más acciones en el fondo en lugar de recibir dinero en efectivo. Www irs gov Si utiliza los dividendos para comprar más acciones al precio justo de mercado, todavía tiene que declarar los dividendos como ingreso. Www irs gov Si es miembro de un plan de reinversión de dividendos que le permite comprar más acciones a un precio menor del precio justo de mercado, tiene que declarar como ingreso de dividendos el valor justo de mercado de las acciones adicionales el día del pago de los dividendos. Www irs gov También tiene que declarar como ingreso de dividendos todos los cargos por servicios restados de sus dividendos en efectivo antes de que los dividendos sean utilizados para comprar acciones adicionales. Www irs gov Pero tal vez pueda deducir el cargo por servicios. Www irs gov Vea el capítulo 28 para más información sobre la deducción de gastos relativos a la producción de ingresos. Www irs gov En algunos planes de reinversión de dividendos, se puede invertir más efectivo para comprar acciones a un precio menor del valor justo de mercado. Www irs gov Si elige hacer esto, tiene que declarar como ingreso de dividendos la diferencia entre el efectivo que invierte y el valor justo de mercado de las acciones que compra. Www irs gov Al calcular esta cantidad, utilice el valor justo de mercado de las acciones el día del pago del dividendo. Www irs gov Fondos de Inversión del Mercado Monetario Declare las cantidades que reciba de fondos de inversión del mercado monetario como ingreso de dividendos. Www irs gov Los fondos de inversión del mercado monetario son una clase de fondo mutuo y no deben ser confundidos con cuentas bancarias del mercado monetario que pagan intereses. Www irs gov Distribuciones de Ganancias de Capital Las distribuciones de ganancias de capital (se denominan también dividendos de ganancias de capital) le son pagadas a usted o acreditadas a su cuenta por fondos mutuos (u otras sociedades inversionistas reglamentadas) y sociedades de inversión inmobiliaria (REIT, por sus siglas en inglés). Www irs gov Estas distribuciones se mostrarán en el recuadro 2a del Formulario 1099-DIV que recibe del fondo mutuo o de la sociedad de inversión inmobiliaria. Www irs gov Declare las distribuciones de ganancias de capital como ganancias de capital a largo plazo independientemente de cuánto tiempo usted haya tenido las acciones en el fondo mutuo o en la sociedad de inversión inmobiliaria. Www irs gov Ganancias de capital no distribuidas provenientes de fondos mutuos y sociedades de inversión inmobiliaria. Www irs gov    Algunos fondos mutuos y sociedades de inversión inmobiliaria retienen sus ganancias de capital a largo plazo y pagan impuesto sobre ellas. Www irs gov Tiene que tratar su parte de estas ganancias como distribuciones, aunque en realidad no las reciba. Www irs gov Sin embargo, éstas no se incluyen en el Formulario 1099-DIV. Www irs gov En lugar de esto, a usted se le informa de dichas ganancias en el recuadro 1a del Formulario 2439 (en inglés). Www irs gov   Declare las ganancias de capital no distribuidas (recuadro 1a del Formulario 2439) como ganancias de capital a largo plazo en la columna (h) en la línea 11 del Anexo D (Formulario 1040). Www irs gov   Los impuestos pagados sobre estas ganancias por el fondo mutuo o la sociedad de inversión inmobiliaria se pueden ver en el recuadro 2 del Formulario 2439. Www irs gov Para que el pago de dichos impuestos se le acredite a usted, anótelos en la línea 71 del Formulario 1040 y marque el recuadro “ a ” en esa línea. Www irs gov Adjunte la Copia B del Formulario 2439 a su declaración y mantenga la Copia C para sus archivos. Www irs gov Ajuste a la base. Www irs gov   Aumente la base del fondo mutuo o sus intereses en una sociedad de inversión inmobiliaria por la diferencia entre la ganancia que declare y la cantidad de impuesto pagado que se le acredite a usted. Www irs gov Información adicional. Www irs gov   Para más información sobre el trato dado a las distribuciones de fondos mutuos, vea la Publicación 550, en inglés. Www irs gov Distribuciones que no son Dividendos Una distribución que no sea en forma de dividendo es una distribución que no se paga de los ingresos y ganancias de una sociedad anónima o un fondo mutuo. Www irs gov Usted debe recibir un Formulario 1099-DIV u otro estado de cuentas mostrándole la distribución que no sea en forma de dividendo. Www irs gov En el Formulario 1099-DIV, una distribución que no sea en forma de dividendo se mostrará en el recuadro 3. Www irs gov Si no recibe tal estado de cuentas, declare la distribución como un dividendo ordinario. Www irs gov Ajuste a la base. Www irs gov   Una distribución que no sea en forma de dividendo reduce la base de sus acciones. Www irs gov No se le gravan impuestos hasta que su base en las acciones se recupere por completo. Www irs gov Esta parte no sujeta a impuestos también se denomina rendimiento de capital. Www irs gov Es un rendimiento de la inversión en las acciones de la empresa. Www irs gov Si compra acciones de una sociedad anónima en lotes diferentes y en diferentes ocasiones y no puede identificar definitivamente las acciones sujetas a las distribuciones que no sean en forma de dividendos, reduzca la base de las acciones que compró primero. Www irs gov   Cuando la base de las acciones haya sido reducida a cero, declare como una ganancia de capital toda distribución adicional que reciba que no sea en forma de dividendos. Www irs gov Dependiendo de cuánto tiempo haya tenido las acciones, las declara como una ganancia de capital a largo plazo o como una ganancia de capital a corto plazo. Www irs gov Vea el tema titulado Período de Tenencia , en el capítulo 14. Www irs gov Ejemplo. Www irs gov Usted compró acciones en el año 2000 por $100. Www irs gov En el año 2003, recibió una distribución que no es dividendo de $80. Www irs gov No incluyó esta cantidad en su ingreso, pero redujo la base de las acciones a $20. Www irs gov Recibió una distribución que no es dividendo de $30 en el año 2013. Www irs gov Los primeros $20 de esta cantidad redujeron su base a cero. Www irs gov Usted declara los otros $10 como ganancia de capital a largo plazo para el año 2013. Www irs gov Debe declarar como ganancia de capital a largo plazo toda distribución sobre estas acciones que no sea en forma de dividendo que reciba en los siguientes años. Www irs gov Distribuciones de Liquidación Las distribuciones de liquidación, a veces conocidas como dividendos de liquidación, son distribuciones que se reciben durante una liquidación parcial o completa de una sociedad anónima. Www irs gov Estas distribuciones son, por lo menos en parte, un tipo de rendimiento del capital. Www irs gov Pueden pagarse en uno o más plazos. Www irs gov Usted recibirá un Formulario 1099-DIV de la sociedad anónima mostrándole la cantidad de una distribución de liquidación en el recuadro 8 ó 9. Www irs gov Para más información sobre las distribuciones de liquidación, vea el capítulo 1 de la Publicación 550, en inglés. Www irs gov Distribuciones de Acciones y Derechos a Acciones Las distribuciones hechas por una sociedad anónima de sus propias acciones son comúnmente conocidas como dividendos de acciones. Www irs gov Los derechos a acciones (también conocidos como “opción de compra de acciones”) son distribuciones hechas por una sociedad anónima de derechos para adquirir acciones de la misma. Www irs gov Por lo general, los dividendos de acciones y los derechos a acciones no están sujetos a impuestos para usted y no los declara en la declaración de impuestos. Www irs gov Dividendos de acciones y derechos a acciones sujetos a impuestos. Www irs gov   Las distribuciones de dividendos de acciones y de derechos a acciones están sujetas a impuestos en su caso si se cumple alguna de las siguientes condiciones: Usted o algún otro accionista tiene la opción de recibir dinero en efectivo u otros bienes en vez de recibir acciones o derechos a acciones. Www irs gov La distribución les da dinero en efectivo u otra propiedad a algunos accionistas y un aumento en el porcentaje de intereses en los bienes o ingresos y ganancias de la sociedad anónima a otros accionistas. Www irs gov La distribución se puede convertir en acciones preferentes y tiene el mismo resultado que en el punto (2). Www irs gov La distribución les da acciones preferentes a algunos accionistas dueños de acciones comunes y les da acciones comunes a otros accionistas dueños de acciones comunes. Www irs gov La distribución es sobre acciones prefe- rentes. Www irs gov Sin embargo, la distribución no está sujeta a impuestos si es un aumento en la proporción de conversión de las acciones preferentes convertibles hecho solamente para tener en cuenta un dividendo de acciones, un cambio proporcional en la cantidad de acciones de una sociedad anónima o un suceso similar que de otra manera resultaría en la reducción del derecho de conversión. Www irs gov   El término “acciones” incluye el derecho de adquirir acciones y el término “accionista” incluye al tenedor de derechos o de valores bursátiles convertibles. Www irs gov Si usted recibe dividendos de acciones o derechos a acciones sujetos a impuesto, incluya en sus ingresos el valor justo de mercado en la fecha de distribución. Www irs gov Acciones preferentes rescatables por una prima. Www irs gov   Si tiene acciones preferentes a un precio de rescate más alto que su precio de emisión, la diferencia (la prima de rescate) generalmente está sujeta a impuestos por concepto de una distribución implícita de acciones adicionales sobre acciones preferentes. Www irs gov Para más información, vea el capítulo 1 de la Publicación 550, en inglés. Www irs gov Base. Www irs gov   La base en acciones o derechos a acciones recibidas en una distribución tributable es el valor justo de mercado en el momento que fueron distribuidas. Www irs gov Si recibe acciones o derechos a acciones que no son tributables a usted, vea el tema titulado Stocks and Bonds (Acciones y bonos) bajo Basis of Investment Property (Base de bienes de inversión), en el capítulo 4 de la Publicación 550, en inglés, para más información sobre cómo calcular la base. Www irs gov Acciones fraccionarias. Www irs gov    Es posible que no posea suficientes acciones en una sociedad anónima para recibir una participación completa de las acciones si la sociedad anónima declara un dividendo de acciones. Www irs gov Sin embargo, con la aprobación de los accionistas, la sociedad anónima podría establecer un plan mediante el cual las acciones fraccionarias no sean emitidas sino que sean vendidas y las ganancias en efectivo se entreguen a los accionistas. Www irs gov Todo efectivo que reciba por acciones fraccionarias bajo tal clase de plan se considera una cantidad realizada en la venta de las acciones fraccionarias. Www irs gov Declare esta transacción en el Formulario 8949, Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de bienes de capital), en inglés. Www irs gov Anote su ganancia o pérdida, la diferencia entre el efectivo que usted recibe y la base de las acciones fraccionarias vendidas en la columna (h) del Anexo D (Formulario 1040) en la Parte I o Parte II, la que corresponda. Www irs gov    Declare esta transacción en el Formulario 8949 marcando el recuadro correcto. Www irs gov   Para más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), vea el capítulo 4 de la Publicación 550. Www irs gov También vea las instrucciones para el Formulario 8949 y las instruccinoes para el Anexo D (Formulario 1040). Www irs gov Ejemplo. Www irs gov Usted es dueño de una acción común que compró el 3 de enero de 2004 por $100. Www irs gov La sociedad anónima declaró un dividendo de acciones comunes del 5% el 29 de junio de 2013. Www irs gov El valor justo de mercado de las acciones en el momento en que se declaró el dividendo de acciones era $200. Www irs gov A usted le pagaron $10 por el dividendo de acciones fraccionarias bajo un plan descrito en la sección titulada Acciones fraccionarias. Www irs gov Usted calcula su ganancia o pérdida de la manera siguiente: Valor justo de mercado de las acciones antiguas $200. Www irs gov 00 Valor justo de mercado del dividendo de acciones (efectivo recibido) +10. Www irs gov 00 Valor justo de mercado de las acciones antiguas y del dividendo de acciones $210. Www irs gov 00 Base (costo) de las acciones antiguas después del dividendo de acciones (($200 ÷ $210) × $100) $95. Www irs gov 24 Base (costo) del dividendo de acciones (($10 ÷ $210) × $100) + 4. Www irs gov 76 Total $100. Www irs gov 00 Efectivo recibido $10. Www irs gov 00 Base (costo) del dividendo de acciones − 4. Www irs gov 76 Ganancia $5. Www irs gov 24 Debido a que había tenido la acción por más de 1 año en el momento en que se declaró el dividendo de acciones, su ganancia en el dividendo de acciones es una ganancia de capital a largo plazo. Www irs gov Certificado de dividendo diferido. Www irs gov   Una sociedad anónima que declara un dividendo de acciones podría emitirle a usted un certificado de dividendo de acciones diferido que le da el derecho a acciones fraccionarias. Www irs gov El certificado no suele estar sujeto a impuestos cuando usted lo recibe. Www irs gov Si elige que la sociedad anónima venda el certificado por usted y le entregue las ganancias, su ganancia o pérdida es la diferencia entre las ganancias y la parte de su base en las acciones de la sociedad anónima asignada en el certificado. Www irs gov   No obstante, si recibe un certificado de dividendo de acciones diferido y puede optar por rescatarlo por efectivo en vez de acciones, el certificado está sujeto a impuestos cuando lo reciba. Www irs gov Tiene que incluir en sus ingresos el valor justo de mercado del certificado en la fecha en que lo recibió. Www irs gov Otras Distribuciones Usted podría recibir alguna de las siguientes distribuciones durante el año. Www irs gov Dividendos con intereses exentos. Www irs gov   Los dividendos que producen intereses exentos de impuestos que recibe de un fondo mutuo u otra compañía de inversiones reglamentada, incluyendo aquellos recibidos de un fondo calificado en cualquier año tributario que comience después del 22 de diciembre del 2010, no se incluyen en los ingresos sujetos a impuestos. Www irs gov Los dividendos con intereses exentos deben aparecer en el recuadro 10 del Formulario 1099-DIV. Www irs gov Requisito de declarar ciertos datos. Www irs gov   Aunque los dividendos con intereses exentos no están sujetos a impuestos, tiene que informar de los mismos en la declaración de impuestos si tiene que presentar una declaración. Www irs gov Esto es un requisito de declarar datos y no hace que dichos dividendos con intereses exentos se cambien a ingresos sujetos a impuestos. Www irs gov Tratamiento del impuesto mínimo alternativo. Www irs gov   Los dividendos que produzcan intereses exentos y que se hayan pagado de bonos de actividad privada especificados podrían estar sujetos al impuesto mínimo alternativo. Www irs gov Vea el tema titulado Impuesto Mínimo Alternativo (AMT) en el capítulo 30 para más información. Www irs gov Dividendos de pólizas de seguro. Www irs gov    Los dividendos de pólizas de seguro que el asegurador retiene y utiliza para pagar sus primas no están sujetos a impuestos. Www irs gov No obstante, tiene que declarar como ingreso de intereses sujeto a impuestos los intereses que se paguen o acrediten sobre los dividendos dejados con la compañía de seguros. Www irs gov    Si los dividendos de un contrato de seguros (que no sea un contrato de seguro dotal modificado) le son distribuidos a usted, éstos son una devolución parcial de las primas que usted pagó. Www irs gov No los incluya en su ingreso bruto hasta que sean mayores al total de todas las primas netas que usted pagó por el contrato. Www irs gov Declare todas las distribuciones sujetas a impuestos de pólizas de seguro en la línea 21 del Formulario 1040. Www irs gov Dividendos del seguro para veteranos. Www irs gov   Los dividendos que reciba de pólizas de seguro para veteranos no están sujetos a impuestos. Www irs gov Además, los intereses de dividendos dejados en depósito con el Department of Veterans Affairs (Departamento de Asuntos de Veteranos) no están sujetos a impuestos. Www irs gov Dividendos de patrocinio. Www irs gov   Generalmente, los dividendos de patrocinio que reciba en dinero de una organización cooperativa están incluidos en sus ingresos. Www irs gov   No incluya en sus ingresos dividendos de patrocinio que reciba por: Propiedad comprada para uso personal o Bienes de capital o propiedad depreciable comprados para uso en su negocio. Www irs gov Pero tiene que reducir la base (costo) de los artículos comprados. Www irs gov Si el dividendo es mayor a la base ajustada de los bienes, deberá declarar el exceso como ingreso. Www irs gov   Estas reglas son las mismas independientemente de si la cooperativa que paga el dividendo es una cooperativa sujeta a impuestos o no. Www irs gov Dividendos del Alaska Permanent Fund (Fondo Permanente de Alaska). Www irs gov    No declare las cantidades que reciba del Alaska Permanent Fund como dividendos. Www irs gov Declare estas cantidades en la línea 21 del Formulario 1040, la línea 13 del Formulario 1040A o la línea 3 del Formulario 1040EZ. Www irs gov Cómo Declarar el Ingreso de Dividendos Por lo general, se puede utilizar el Formulario 1040 o el Formulario 1040A para declarar el ingreso de dividendos. Www irs gov Declare el total de sus dividendos ordinarios en la línea 9a del Formulario 1040 o del Formulario 1040A. Www irs gov Declare los dividendos calificados en la línea 9b del Formulario 1040 o el Formulario 1040A. Www irs gov Si recibe una distribución de ganancias de capital, quizás pueda utilizar el Formulario 1040A o quizás tenga que utilizar el Formulario 1040. Www irs gov Vea Excepciones a la presentación del Formulario 8949 y el Anexo D (Formulario 1040) , en el capítulo 16. Www irs gov Si recibe distribuciones que no son dividendos pero que deben declararse como ganancias de capital, tendrá que utilizar el Formulario 1040. Www irs gov No puede utilizar el Formulario 1040EZ si recibe ingresos de dividendos. Www irs gov Formulario 1099-DIV. Www irs gov   Si era dueño de acciones por las cuales ha recibido $10 o más por concepto de dividendos y otras distribuciones, deberá recibir un Formulario 1099-DIV. Www irs gov Aun si no recibe un Formulario 1099-DIV, tiene que declarar todo su ingreso de dividendos. Www irs gov   Vea el Formulario 1099-DIV para más información sobre cómo declarar el ingreso de dividendos. Www irs gov Formulario 1040A o 1040. Www irs gov    Tiene que completar la Parte II del Anexo B (Formulario 1040A o 1040) y adjuntarlo al Formulario 1040A o 1040, si: Sus dividendos ordinarios (el recuadro 1a del Formulario 1099-DIV) son mayores de $1,500 o Recibió, como nominatario, dividendos que en realidad le pertenecen a otra persona. Www irs gov Si sus dividendos ordinarios son mayores de $1,500, usted también tiene que completar la Parte III del Anexo B (Formulario 1040 o 1040A). Www irs gov   Escriba en la línea 5, Parte II del Anexo B, el nombre de cada pagador y los dividendos ordinarios que usted recibió. Www irs gov Si sus valores bursátiles están a nombre de una empresa de corretaje (conocido en inglés como “ street name ”), escriba el nombre de la empresa de corretaje mostrado en el Formulario 1099-DIV como pagador. Www irs gov Si sus acciones están a nombre de un nominatario que es el titular registrado, y el nominatario es el que le acredita o paga a usted los dividendos de las acciones, escriba el nombre del nominatario y los dividendos que recibió o que le fueron acreditados. Www irs gov   Anote en la línea 6 el total de las cantidades que aparecen en la línea 5. Www irs gov Anote también este total en la línea 9a del Formulario 1040 o del Formulario 1040A. Www irs gov Dividendos calificados. Www irs gov   Declare los dividendos calificados (el recuadro 1b del Formulario 1099-DIV) en la línea 9b del Formulario 1040 o del Formulario 1040A. Www irs gov La cantidad del recuadro 1b ya se incluye en el recuadro 1a. Www irs gov No añada ni reste la cantidad del recuadro 1b a la cantidad del recuadro 1a. Www irs gov    No incluya ninguno de los siguientes en la línea 9b: Dividendos calificados que recibió como nominatario. Www irs gov Vea el tema titulado Nominees (Nominatarios), bajo How to Report Dividend Income (Cómo se declara el ingreso de dividendos), en el capítulo 1 de la Publicación 550, en inglés. Www irs gov Dividendos de acciones por las cuales usted no cumplió el período de tenencia. Www irs gov Vea el tema titulado Período de tenencia , anteriormente, bajo la sección titulada Dividendos Calificados. Www irs gov Dividendos sobre todas las acciones hasta el punto que usted esté obligado (ya sea por venta al descubierto o de otra manera) a hacer pagos afines por posiciones en bienes sustancialmente similares o relacionados. Www irs gov Pagos en lugar de dividendos, pero sólo si usted sabe o tiene razón de saber que los pagos no son dividendos calificados. Www irs gov Pagos mostrados en el recuadro 1b del Formulario 1099-DIV de una sociedad anónima extranjera hasta el punto donde sepa o tenga razón de saber que los pagos no son dividendos calificados. Www irs gov   Si tiene dividendos calificados, tiene que calcular el impuesto completando la hoja Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo de impuestos sobre dividendos calificados y ganancias de capital) de las Instrucciones para el Formulario 1040 o el Formulario 1040A, o Schedule D Tax Worksheet (Hoja de trabajo de impuestos del Anexo D) de las Instrucciones del Anexo D del Formulario 1040, en inglés, según corresponda. Www irs gov Anote los dividendos calificados en la línea 2 de la hoja de trabajo. Www irs gov Deducción de los intereses de inversiones. Www irs gov   Si declara una deducción por intereses de inversiones, quizás tenga que reducir sus dividendos que cumplan los requisitos de la tasa impositiva del 0%, 15% o 20%. Www irs gov Redúzcala por la cantidad de dividendos calificados que elija incluir en el ingreso de inversiones al calcular el límite de la deducción de los intereses de inversiones. Www irs gov Esto se hace en la hoja Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo de impuestos sobre dividendos calificados y ganancias de capital) o en la hoja Schedule D Tax Worksheet (Hoja de trabajo de impuestos del Anexo D). Www irs gov Para más información sobre el límite de intereses de inversión, vea Gastos de inversión en el capítulo 23. Www irs gov Gastos relacionados con el ingreso de dividendos. Www irs gov   Es posible que pueda deducir los gastos relacionados con el ingreso de dividendos si detalla sus deducciones en el Anexo A (Formulario 1040). Www irs gov Vea el capítulo 28 para obtener información general sobre la deducción de gastos relativos a la producción de ingresos. Www irs gov Más información. Www irs gov    Para más información sobre cómo declarar el ingreso de dividendos, vea el capítulo 1 de la Publicación 550, en inglés, o las instrucciones para el formulario que tiene que presentar. Www irs gov Prev  Up  Next   Home   More Online Publications