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1040 Ez Forms 2012

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1040 Ez Forms 2012

1040 ez forms 2012 Index Symbols (ITIN), Filers who have certain child dependents with an Individual Taxpayer Identification Number (ITIN). 1040 ez forms 2012 10% tax for early withdrawal from IRA or retirement plan (see Early withdrawal from deferred interest account, subheading: Tax on) 10-year tax option, 10-Year Tax Option 401(k) plans Tax treatment of contributions, Elective deferrals. 1040 ez forms 2012 403(b) plans Rollovers, Rollovers, Rollover From Employer's Plan Into an IRA, Rollover from a qualified retirement plan into a Roth IRA. 1040 ez forms 2012 457 plans (see Section 457 deferred compensation plans) 529 plans (see Qualified tuition programs) 59 rule, Age 59½ rule. 1040 ez forms 2012 60 day rule, Time limit for making a rollover contribution. 1040 ez forms 2012 70 rule, Age 70½ rule. 1040 ez forms 2012 , Nonresident alien spouse. 1040 ez forms 2012 A Abandonment of home, Abandonment. 1040 ez forms 2012 Abortion Deductibility as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Abroad, citizens traveling or working, Employees of foreign governments or international organizations. 1040 ez forms 2012 , Foreign Employer, Travel Outside the United States, Travel Primarily for Business (see also Citizens outside U. 1040 ez forms 2012 S. 1040 ez forms 2012 ) (see also Foreign employment) Absence, temporary, Temporary absences. 1040 ez forms 2012 , Temporary absences. 1040 ez forms 2012 Accelerated death benefits, Accelerated Death Benefits, Exclusion for terminal illness. 1040 ez forms 2012 Accident insurance, Accident or Health Plan Cafeteria plans, Cafeteria plans. 1040 ez forms 2012 Long-term care, Long-term care coverage. 1040 ez forms 2012 , Long-Term Care Insurance Contracts Accidental death benefits, Accidental death benefits. 1040 ez forms 2012 Accidents, car, Deductible losses. 1040 ez forms 2012 Value determination, Car value. 1040 ez forms 2012 Willful negligence or intentional act as cause, Nondeductible losses. 1040 ez forms 2012 Accountable plans for employee reimbursements, Accountable Plans, Related to employer. 1040 ez forms 2012 Accountants Basis to include fees of, Cost Basis CPA review courses, Bar or CPA Review Course Accounting methods, Accounting Methods Accrual method (see Accrual method taxpayers) Cash method (see Cash method taxpayers) Change of Depreciation, to deduct unclaimed amount, Changing your accounting method to deduct unclaimed depreciation. 1040 ez forms 2012 Accounting periods, Accounting Periods Calendar year, When Do I Have To File?, Accounting Periods, Accounting period. 1040 ez forms 2012 Change in, standard deduction not allowed, Persons not eligible for the standard deduction. 1040 ez forms 2012 Fiscal year, Accounting Periods, Fiscal year taxpayers. 1040 ez forms 2012 , Fiscal Years Fringe benefits, Accounting period. 1040 ez forms 2012 Accrual method taxpayers, Accrual method. 1040 ez forms 2012 Taxes paid during tax year, deduction of, You must pay the tax during your tax year. 1040 ez forms 2012 Accumulation distribution of trusts Tax on, Other taxes. 1040 ez forms 2012 Accuracy-related penalties, Accuracy-related penalty. 1040 ez forms 2012 Acknowledgment, Acknowledgment. 1040 ez forms 2012 Activities not for profit, Activity not for profit. 1040 ez forms 2012 Address, Name and Address Change of, Change of Address Foreign, Foreign address. 1040 ez forms 2012 P. 1040 ez forms 2012 O. 1040 ez forms 2012 box, P. 1040 ez forms 2012 O. 1040 ez forms 2012 box. 1040 ez forms 2012 Address, filing, Where To File Adjusted basis, Adjusted Basis, Postponed gain from sale of home. 1040 ez forms 2012 Decreases to basis, Decreases to Basis Depreciation, Depreciation and section 179 deduction. 1040 ez forms 2012 Easements, Easements. 1040 ez forms 2012 Energy conservation subsidies exclusion, Exclusion of subsidies for energy conservation measures. 1040 ez forms 2012 Gifts, Property Received as a Gift Home sale (see Sale of home) Improvements, Improvements. 1040 ez forms 2012 Increases to basis, Increases to Basis Local assessments, Assessments for local improvements. 1040 ez forms 2012 Sales of property, Adjusted basis. 1040 ez forms 2012 Section 179 deduction, Depreciation and section 179 deduction. 1040 ez forms 2012 Adjusted gross income (AGI) Medical and dental expenses and limit of deduction, How Much of the Expenses Can You Deduct?, What Tax Form Do You Use? Retirement savings contribution credit, Special Rules Adjustments, Adjustments and tax preference items. 1040 ez forms 2012 Administrators, estate (see Executors and administrators) Adopted child, Exception for adopted child. 1040 ez forms 2012 , Adopted child. 1040 ez forms 2012 , Adopted child. 1040 ez forms 2012 , Taxpayer identification numbers for adoptees. 1040 ez forms 2012 Earned income credit, Adopted child. 1040 ez forms 2012 Adoption, Adoption Credit, Child with special needs. 1040 ez forms 2012 ATIN, Adoption taxpayer identification number (ATIN). 1040 ez forms 2012 , Adoption taxpayer identification number (ATIN). 1040 ez forms 2012 Child tax credit, Adopted child. 1040 ez forms 2012 (see also Child tax credit) Credits, Personal Expenses Married filing separately, Special Rules Taking, When to take the credit. 1040 ez forms 2012 Employer assistance, Adoption Assistance Exception for adopted child, Exception for adopted child. 1040 ez forms 2012 Exemption for child, Personal Expenses Expenses not deductible Foster care prior to, no charitable deduction, Foster parents. 1040 ez forms 2012 No charitable deduction for, Personal Expenses Foreign child, Foreign child. 1040 ez forms 2012 Medical and dental expenses of adopted child, Qualifying Child Taxpayer identification number, Adoption taxpayer identification number (ATIN). 1040 ez forms 2012 , Taxpayer identification numbers for aliens. 1040 ez forms 2012 Taxpayer identification numbers (TINs), Adoption taxpayer identification number (ATIN). 1040 ez forms 2012 Age Children's investments (see Children, subheading: Investment income of child under age 18) Form 1040EZ, taxpayer under 65 may use, You can use Form 1040EZ if all of the following apply. 1040 ez forms 2012 Gross income and filing requirements (Table 1-1), Introduction IRAs Contribution cutoff at age 70, Age 70½ rule. 1040 ez forms 2012 Distribution prior to age 59, Age 59½ rule. 1040 ez forms 2012 Distribution required at age 70, IRA owners. 1040 ez forms 2012 , Excess Accumulations (Insufficient Distributions) Pension distributions required at age 70, Age 70½. 1040 ez forms 2012 Retirement plan recipients over age 75, Who must use the General Rule. 1040 ez forms 2012 Roth IRAs, Is there an age limit for contributions?, Must you withdraw or use Roth IRA assets? Standard deduction for age 65 or older, Higher Standard Deduction for Age (65 or Older) Age test, Age Test (see Qualifying child) Agents, Losses on sales or trades of property. 1040 ez forms 2012 (see also Fiduciaries) Income paid to, Payment to an agent. 1040 ez forms 2012 Signing return, When someone can sign for you. 1040 ez forms 2012 AGI (see Adjusted gross income (AGI)) Agricultural workers (see Farmers) (see Farmworkers) Agriculture (see Farming) Aircraft Charitable gift of, deduction for fair market value, Cars, boats, and airplanes. 1040 ez forms 2012 Airline club dues Not entertainment expenses, Club dues and membership fees. 1040 ez forms 2012 Airplanes, donations of, Cars, boats, and airplanes. 1040 ez forms 2012 Airport transportation Business-related travel expense, Table 26-1. 1040 ez forms 2012 Travel Expenses You Can Deduct This chart summarizes expenses you can deduct when you travel away from home for business purposes. 1040 ez forms 2012 Alaska Standard meal allowance, Standard meal allowance for areas outside the continental United States. 1040 ez forms 2012 Alaska Permanent Fund dividends, Alaska Permanent Fund dividend. 1040 ez forms 2012 Child's dividends, Child's Alaska Permanent Fund dividends. 1040 ez forms 2012 Income from, You can use Form 1040EZ if all of the following apply. 1040 ez forms 2012 , You can use Form 1040A if all of the following apply. 1040 ez forms 2012 , Alaska Permanent Fund dividends. 1040 ez forms 2012 Investment income not to include, Investment income. 1040 ez forms 2012 Alaska Unemployment Compensation Fund, Contributions to state benefit funds. 1040 ez forms 2012 Alcohol rehabilitation centers Deductibility of medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Alcoholic beverages IRA prohibited transactions in, Collectibles. 1040 ez forms 2012 Aliens, Individual taxpayer identification number (ITIN) for aliens. 1040 ez forms 2012 , Not earned income. 1040 ez forms 2012 Dual-status (see Dual-status taxpayers) Filing required, Aliens Nonresident (see Nonresident aliens) Resident (see Resident aliens) Alimony, Alimony, Introduction, Spouse or former spouse. 1040 ez forms 2012 , Payments not alimony. 1040 ez forms 2012 , Payments to a third party. 1040 ez forms 2012 , Life insurance premiums. 1040 ez forms 2012 , Payments for jointly-owned home. 1040 ez forms 2012 , Mortgage payments. 1040 ez forms 2012 , Taxes and insurance. 1040 ez forms 2012 , Other payments to a third party. 1040 ez forms 2012 , Instruments Executed After 1984, Exception for instruments executed before 1985. 1040 ez forms 2012 , Alimony requirements. 1040 ez forms 2012 , Cash payment requirement. 1040 ez forms 2012 , Payments to a third party. 1040 ez forms 2012 , Payments designated as not alimony. 1040 ez forms 2012 , Spouses cannot be members of the same household. 1040 ez forms 2012 , Liability for payments after death of recipient spouse. 1040 ez forms 2012 , Substitute payments. 1040 ez forms 2012 , How To Deduct Alimony Paid, How To Report Alimony Received, Recapture Rule, Including the recapture in income. 1040 ez forms 2012 , Deducting the recapture. 1040 ez forms 2012 Definition of, Introduction Mortgage payments Interest deduction, Divorced or separated individuals. 1040 ez forms 2012 Reporting of income, Alimony. 1040 ez forms 2012 Alternative filing methods Electronic (see E-file ) Alternative minimum tax (AMT), Alternative Minimum Tax (AMT) Child's tax, figuring of, Alternative minimum tax. 1040 ez forms 2012 Exempt-interest dividends, Alternative minimum tax treatment. 1040 ez forms 2012 Filing requirements (Table 1-3), Figuring tax. 1040 ez forms 2012 Incentive stock option, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 Nonrefundable credit for prior year tax, Nonrefundable Credit for Prior Year Minimum Tax Alternative motor vehicle credit, Alternative Motor Vehicle Credit, Amount of credit. 1040 ez forms 2012 Ambulance service personnel Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty Amended returns, Amended Returns and Claims for Refund, Form 1040X. 1040 ez forms 2012 , Filing Form 1040X. 1040 ez forms 2012 (see also Form 1040X) Itemized deduction, change to standard deduction, Changing your mind. 1040 ez forms 2012 Standard deduction, change to itemized deductions, Changing your mind. 1040 ez forms 2012 American citizens abroad, U. 1040 ez forms 2012 S. 1040 ez forms 2012 Citizens and Resident Aliens Living Abroad (see also Citizens outside U. 1040 ez forms 2012 S. 1040 ez forms 2012 ) Employment (see Foreign employment) American Indians (see Indians) American opportunity credit Tuition deduction and, Who Cannot Claim the Deduction American Samoa Income from, Individuals With Income From U. 1040 ez forms 2012 S. 1040 ez forms 2012 Possessions Amortization Bond premiums, treatment of, Amortization of bond premium. 1040 ez forms 2012 AMT (see Alternative minimum tax (AMT)) Annuities, Rollovers (see also Rollovers) Cost computation, Cost (Investment in the Contract) Decedent's unrecovered investment in, Form W-2. 1040 ez forms 2012 Early distributions from, Tax on Early Distributions Deferred annuity contracts, 5% rate on certain early distributions from deferred annuity contracts. 1040 ez forms 2012 , Additional exceptions for nonqualified annuity contracts. 1040 ez forms 2012 Estimated tax, Withholding and estimated tax. 1040 ez forms 2012 Exclusion limit, Exclusion limit. 1040 ez forms 2012 General Rule Annuity starting before November 19, 1996, Annuity starting before November 19, 1996. 1040 ez forms 2012 Nonqualified plans and qualified plans for recipients over 75 years, Who must use the General Rule. 1040 ez forms 2012 Purchased annuities, Purchased annuities. 1040 ez forms 2012 Survivor's annuity, Survivors of retirees. 1040 ez forms 2012 Guaranteed payments, Guaranteed payments. 1040 ez forms 2012 IRAs as, Kinds of traditional IRAs. 1040 ez forms 2012 Joint return, Joint return. 1040 ez forms 2012 Loans from plan, Loans. 1040 ez forms 2012 Lump-sum distributions, Lump-Sum Distributions Multiple plan benefits, More than one program. 1040 ez forms 2012 , More than one annuity. 1040 ez forms 2012 Partly taxable payments, Partly taxable payments. 1040 ez forms 2012 Purchased annuities, Purchased annuities. 1040 ez forms 2012 Reporting of, How To Report Retirement annuities, Retirement Plans, Pensions, and Annuities (see also Retirement plans) Rollovers, Rollovers Sale of, Sale of Annuity Gain as ordinary income, Tax-free exchange. 1040 ez forms 2012 Simplified method to calculate tax-free part of annuity payment, Simplified Method Survivor's annuity, Survivors of retirees. 1040 ez forms 2012 Worksheet for computation, How to use the Simplified Method. 1040 ez forms 2012 Survivor annuities, Survivors and Beneficiaries Trade of insurance policies and annuities, Insurance policies and annuities. 1040 ez forms 2012 Unrecovered investment, Unrecovered Investment in Annuity Withholding, Form W-2. 1040 ez forms 2012 , Pensions and Annuities, Withholding and estimated tax. 1040 ez forms 2012 Annulled marriages Filing status, Annulled marriages. 1040 ez forms 2012 Anthrax incidents (see Terrorist attacks) Antiques (see Collectibles) Appliances Deterioration and damage, not casualty loss, Progressive deterioration. 1040 ez forms 2012 Appraisal fees, Appraisal Fees Donated property, Appraisal Fees Not deductible as interest, Amounts charged for services. 1040 ez forms 2012 Real estate transactions, when required by lender, Settlement costs. 1040 ez forms 2012 Appraisals Casualty or theft losses, Appraisal. 1040 ez forms 2012 , Costs of photographs and appraisals. 1040 ez forms 2012 Archer MSAs, Medical savings accounts (MSAs). 1040 ez forms 2012 Contributions, Archer MSA contributions. 1040 ez forms 2012 Medical expenses paid for decedent from, Decedent Not deductible as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Armed forces, Types of Qualified Organizations, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Armed Forces reservists. 1040 ez forms 2012 (see also Reservists) (see also Veterans' organizations) Combat zone Extension to file return, Individuals Serving in Combat Zone Signing return for spouse, Spouse in combat zone. 1040 ez forms 2012 Dependency allotments, Armed Forces dependency allotments. 1040 ez forms 2012 Disability pay, Disability. 1040 ez forms 2012 Disability pensions, Military and Government Disability Pensions GI Bill benefits, Tuition payments and allowances under the GI Bill. 1040 ez forms 2012 Military, Military uniforms. 1040 ez forms 2012 Military quarters allotments, Tax-exempt military quarters allowances. 1040 ez forms 2012 Naval officers on permanent duty aboard ship, Members of the Armed Forces. 1040 ez forms 2012 Permanent duty overseas, Members of the Armed Forces. 1040 ez forms 2012 Real estate taxes when receiving housing allowance, Ministers' and military housing allowances. 1040 ez forms 2012 , Ministers' and military housing allowance. 1040 ez forms 2012 Rehabilitative program payments, Veterans' benefits. 1040 ez forms 2012 Reserves, Armed Forces reservists traveling more than 100 miles from home. 1040 ez forms 2012 Retirees' pay Taxable income, Military retirement pay. 1040 ez forms 2012 Uniforms, Military uniforms. 1040 ez forms 2012 Wages, Military Armed Forces Retiree's pay withholding, Military retirees. 1040 ez forms 2012 Art works As capital assets, Capital Assets and Noncapital Assets, Gold, silver, stamps, coins, gems, etc. 1040 ez forms 2012 Capital gains or losses from sale or trade of, Investment interest deducted. 1040 ez forms 2012 Artists, performing (see Performing artists) Assessments, local (see Local assessments) Assistance (see Tax help) Assistance, tax (see Tax help) Assumption of mortgage, Assumption of mortgage. 1040 ez forms 2012 Fees not included in basis, Settlement costs. 1040 ez forms 2012 At-risk rules Rental property, At-Risk Rules Athletic events Charitable contributions, amount deductible, Athletic events. 1040 ez forms 2012 ATIN (Adoption taxpayer identification number), Adoption taxpayer identification number (ATIN). 1040 ez forms 2012 Attachment of wages, Garnisheed wages. 1040 ez forms 2012 Attachments to return, Attachments Attorneys Bar review courses, Bar or CPA Review Course Attorneys' fees, Legal Expenses, Personal Legal Expenses Basis to include, Cost Basis Social security and railroad retirement benefits, deductions for, Legal expenses. 1040 ez forms 2012 Title to property, for preparation, filing, etc. 1040 ez forms 2012 , Settlement costs. 1040 ez forms 2012 Audits Travel expense records, If your return is examined. 1040 ez forms 2012 Auto insurance Medical expenses covered by, not deductible, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Automatic extension of time to file, Automatic Extension, When to file. 1040 ez forms 2012 Form 4868, E-file options. 1040 ez forms 2012 Automatic investment services Holding period, determination of, Automatic investment service. 1040 ez forms 2012 Awards (see Prizes and awards) Away-from-home travel (see Travel and transportation expenses) B Babysitting, Babysitting. 1040 ez forms 2012 Back pay, award for, Back pay awards. 1040 ez forms 2012 Emotional distress damages under title VII of Civil Rights Act of 1964, Court awards and damages. 1040 ez forms 2012 Backup withholding, Backup Withholding, Backup withholding. 1040 ez forms 2012 , Backup withholding. 1040 ez forms 2012 Dividend income, Backup withholding. 1040 ez forms 2012 , Reporting tax withheld. 1040 ez forms 2012 Penalties, Penalties. 1040 ez forms 2012 Bad debts Bank deposit, loss due to bank's insolvency or bankruptcy, Nonbusiness bad debt. 1040 ez forms 2012 Reporting on Schedule D (Form 1040), How to report. 1040 ez forms 2012 Claim for refund, Exceptions for special types of refunds. 1040 ez forms 2012 , Filing a claim for refund. 1040 ez forms 2012 Nonbusiness, Nonbusiness Bad Debts Recovery, Recoveries Reporting of, How to report bad debts. 1040 ez forms 2012 Short-term capital loss, How to report bad debts. 1040 ez forms 2012 When deductible, When deductible. 1040 ez forms 2012 Baggage Business-related travel expense, Table 26-1. 1040 ez forms 2012 Travel Expenses You Can Deduct This chart summarizes expenses you can deduct when you travel away from home for business purposes. 1040 ez forms 2012 Balance due, Refund or balance due. 1040 ez forms 2012 Bankruptcy Canceled debt not deemed to be income, Excluded debt. 1040 ez forms 2012 Financial institution's bankruptcy causing deductible loss, Loss on Deposits Reporting of, Loss on deposits. 1040 ez forms 2012 Banks Automatic investment service, determination of holding period, Automatic investment service. 1040 ez forms 2012 IRAs with, When and How Can a Traditional IRA Be Opened? Losses on deposits, when casualty losses, Deposit in Insolvent or Bankrupt Financial Institution, Loss on Deposits Reporting of, Loss on deposits. 1040 ez forms 2012 Money market accounts, Money Market Funds Bar associations Charitable contributions to, Contributions to Nonqualified Organizations Bar employees Tips (see Tip income) Bar review courses, Bar or CPA Review Course Bargain sales As charitable contributions, Bargain sales. 1040 ez forms 2012 Basis of purchase, Bargain purchases. 1040 ez forms 2012 Barter income, Bartering Definition of bartering, Bartering Form 1099-B, Form 1099-B from barter exchange. 1040 ez forms 2012 Basis Adjusted basis, Adjusted Basis Allocation between business and personal use, Introduction Bad debts, Basis in bad debt required. 1040 ez forms 2012 Bargain purchases, Bargain purchases. 1040 ez forms 2012 Bonds, Stocks and Bonds, Bond premium. 1040 ez forms 2012 Cost basis, Useful Items - You may want to see: IRAs for nondeductible contributions, Cost basis. 1040 ez forms 2012 , Partly taxable. 1040 ez forms 2012 Definition of, Introduction Gifts, Property Received as a Gift Home sales (see Sale of home) Improvements to real estate, Improvements. 1040 ez forms 2012 Involuntary conversion, Involuntary Conversions Like-kind exchanges, Basis of property received. 1040 ez forms 2012 Other than cost, Basis Other Than Cost, Tax-exempt obligations. 1040 ez forms 2012 , No gain or loss. 1040 ez forms 2012 Points not to be included, Settlement costs. 1040 ez forms 2012 , Points. 1040 ez forms 2012 Property received for services, Property Received for Services Real estate, Real Property Restricted property, Restricted property. 1040 ez forms 2012 Stock or stock rights, Basis. 1040 ez forms 2012 Tax-exempt obligations Bonds, Tax-exempt obligations. 1040 ez forms 2012 Transfers between spouses, Property Transferred From a Spouse, Transfers Between Spouses Beetles Damage or destruction to trees and plants, when casualty loss, Progressive deterioration. 1040 ez forms 2012 Beneficiaries, Beneficiary of an estate or trust. 1040 ez forms 2012 , Rollover by surviving spouse. 1040 ez forms 2012 , Estate and trust income. 1040 ez forms 2012 , Losses. 1040 ez forms 2012 (see also Estate beneficiaries) (see also Trust beneficiaries) Bequests, Estate and trust income. 1040 ez forms 2012 , Losses. 1040 ez forms 2012 , Gifts and inheritances. 1040 ez forms 2012 , Income from property received as a gift. 1040 ez forms 2012 (see also Estate beneficiaries) (see also Gifts) (see also Inheritance) Bicycle Fringe benefit, Qualified bicycle commuting. 1040 ez forms 2012 Bingo, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Contributions From Which You Benefit Birth control pills, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Birth of child, Death or birth of child. 1040 ez forms 2012 Head of household, qualifying person to file as, Death or birth. 1040 ez forms 2012 , Death or birth. 1040 ez forms 2012 Social security number to be obtained, Born and died in 2013. 1040 ez forms 2012 Birth of dependent, Death or birth. 1040 ez forms 2012 Blackmail Losses due to, Theft Blind persons Exemption from withholding, Age 65 or older or blind. 1040 ez forms 2012 Guide dogs, deductible as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Impairment-related work expenses, deduction for, Impairment-Related Work Expenses Standard deduction for, Introduction, Higher Standard Deduction for Blindness Blood banks No charitable deduction for blood donations to, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Value of Time or Services Blue books to determine fair market value, Cars, boats, and airplanes. 1040 ez forms 2012 Boats Charitable gift of, deduction for fair market value, Cars, boats, and airplanes. 1040 ez forms 2012 Donations of, Cars, boats, and airplanes. 1040 ez forms 2012 Body scan, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Bona fide business purpose Travel expenses, Bona fide business purpose. 1040 ez forms 2012 Work-related education, Qualifying Work-Related Education Bonds Adjusted basis for, Stocks and Bonds Amortization of premium, Amortization of bond premium. 1040 ez forms 2012 , Amortizable Premium on Taxable Bonds As capital assets, Capital Assets and Noncapital Assets, Stocks, stock rights, and bonds. 1040 ez forms 2012 Convertible bonds, Convertible stocks and bonds. 1040 ez forms 2012 Discounted Capital gain or loss, Discounted Debt Instruments Issued at discount, Original Issue Discount (OID) Market discount bonds, Market discount bonds. 1040 ez forms 2012 Original issue discount, Original Issue Discount (OID) Redemption of, Redemption or retirement of bonds. 1040 ez forms 2012 Retirement of, Retirement bonds. 1040 ez forms 2012 , Redemption or retirement of bonds. 1040 ez forms 2012 Sale of, Bonds Sold Between Interest Dates Savings, U. 1040 ez forms 2012 S. 1040 ez forms 2012 Savings Bonds, Series HH bonds. 1040 ez forms 2012 , Series EE and series I bonds. 1040 ez forms 2012 Sold at premium, computation of adjusted basis, Bond premium. 1040 ez forms 2012 State or local government, tax-exempt, Tax-exempt state and local government bonds. 1040 ez forms 2012 Tax-exempt, State or Local Government Obligations Bonuses, Supplemental Wages, Bonuses and awards. 1040 ez forms 2012 , Employee awards or bonuses. 1040 ez forms 2012 Bookkeeping (see Recordkeeping requirements) Books to determine fair market value, Car value. 1040 ez forms 2012 Borrowed funds, Loans. 1040 ez forms 2012 , Items You Cannot Deduct (see also Loans) Used for charitable contributions, deduction for, Borrowed funds. 1040 ez forms 2012 Bottled water, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Boy Scouts Charitable contributions to, Examples. 1040 ez forms 2012 , Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check Braille books, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Breach of contract Damages as income, Court awards and damages. 1040 ez forms 2012 employment, Damages for Breach of Employment Contract Breast pump and supplies, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Bribes, Bribes. 1040 ez forms 2012 , List of Nondeductible Expenses Brokers Form 1099-B, Sales and Trades IRAs with, When and How Can a Traditional IRA Be Opened? Commissions, Brokers' commissions. 1040 ez forms 2012 , Brokers' commissions. 1040 ez forms 2012 Receiving dividends, reporting on Form 1099-MISC, Form 1099-MISC. 1040 ez forms 2012 Burglary Losses due to, Theft Burial expenses, List of Nondeductible Expenses (see Funerals) Business associates, Meals and Incidental Expenses, Entertainment Expenses (see also Entertainment expenses) Business travel to meet, Transportation Expenses Travel expenses of, paying for, Business associate. 1040 ez forms 2012 Business expenses, Meals and Incidental Expenses, Entertainment Expenses (see also Entertainment expenses) Job search expenses, Job interview expenses. 1040 ez forms 2012 Meal expenses (see Meal and lodging expenses) Reimbursements, Expense allowances. 1040 ez forms 2012 , Allowances and reimbursements. 1040 ez forms 2012 Returning excess for business expenses, Returning Excess Reimbursements Returning excess business expenses, Expense allowances. 1040 ez forms 2012 Travel (see Travel and transportation expenses) Work-related education, What Expenses Can Be Deducted Business organizations Charitable contributions to, Contributions to Nonqualified Organizations Business property As gift, adjusted basis for, Business property. 1040 ez forms 2012 Basis for depreciation, Basis for depreciation. 1040 ez forms 2012 Property use changed to, adjusted basis for, Property Changed From Personal to Business or Rental Use Sales or exchanges Like-kind exchanges, Like-kind exchanges. 1040 ez forms 2012 Business tax credits Claim for refund, Exceptions for special types of refunds. 1040 ez forms 2012 Business use of home, Home Office C Cafeteria plans, Cafeteria plans. 1040 ez forms 2012 Calendar year taxpayers Accounting periods, When Do I Have To File?, Accounting Periods, Accounting period. 1040 ez forms 2012 Filing due date, When Do I Have To File? California Nonoccupational Disability Benefit Fund, Contributions to state benefit funds. 1040 ez forms 2012 Campaign contributions, Campaign contributions. 1040 ez forms 2012 , Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Contributions to Nonqualified Organizations Presidential Election Campaign Fund, Presidential Election Campaign Fund Campaign expenses, Campaign Expenses Canada Resident of, Citizen or Resident Test, Child in Canada or Mexico. 1040 ez forms 2012 Cancellation of debt, Canceled Debts Exceptions to treatment as income, Exceptions Candidates for public office Contributions to, no charitable deduction for, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Contributions to Nonqualified Organizations Capital assets Coal and iron ore, Coal and iron ore. 1040 ez forms 2012 Definition of, Capital Assets and Noncapital Assets Capital expenses, Capital expenses. 1040 ez forms 2012 Capital gains or losses, Capital Gains and Losses, How to report and postpone gain. 1040 ez forms 2012 , Reporting Gains and Losses Bad debts as short-term capital loss, How to report bad debts. 1040 ez forms 2012 Carryover of, Long-term gains and losses. 1040 ez forms 2012 , Capital loss carryover. 1040 ez forms 2012 Worksheet, Figuring your carryover. 1040 ez forms 2012 Character of gain, Capital Gains and Losses Character of loss, Capital Gains and Losses Child's distributions and dividends, reporting of, Child's capital gain distributions. 1040 ez forms 2012 , Capital gain distributions and qualified dividends. 1040 ez forms 2012 Collectibles, Investment interest deducted. 1040 ez forms 2012 Deductions, Capital Losses Limit on, Limit on deduction. 1040 ez forms 2012 Distributions, Money Market Funds Form 1040 or 1040A to be used, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 , How To Report Dividend Income Form 8949, Reporting Gains and Losses Hobbies, sales from collections, Hobby losses. 1040 ez forms 2012 Holding period, determination of, Holding Period How to report, Reporting Capital Gains and Losses Installment sales and, Installment sales. 1040 ez forms 2012 Lump-sum distributions from pensions and annuities, Capital Gain Treatment Mutual funds paying, Capital Gain Distributions Net capital gain, Capital Gains and Losses, Long-term gains and losses. 1040 ez forms 2012 , Capital Gain Tax Rates Included as investment income, Choosing to include net capital gain. 1040 ez forms 2012 Net long-term capital loss, Long-term gains and losses. 1040 ez forms 2012 Sale of personal items, Sale of personal items. 1040 ez forms 2012 Sale or trade of property held more than 1 year, Long-term or short-term. 1040 ez forms 2012 , Long-term gains and losses. 1040 ez forms 2012 Schedule D, Reporting Gains and Losses , Reporting Capital Gains and Losses Section 1250 gains from sale of real property, Capital Gains and Losses, Unrecaptured section 1250 gain. 1040 ez forms 2012 State or local government bonds, tax-exempt, Tax-exempt state and local government bonds. 1040 ez forms 2012 Tax rates, Capital Gain Tax Rates Total net gain, Total net gain or loss. 1040 ez forms 2012 Total net loss, Total net gain or loss. 1040 ez forms 2012 Undistributed gains, Long-term gains and losses. 1040 ez forms 2012 Credit for tax on, Undistributed capital gains of mutual funds and REITs. 1040 ez forms 2012 , Credit for Tax on Undistributed Capital Gain Car expenses, Car expenses. 1040 ez forms 2012 Car pools, Car pools. 1040 ez forms 2012 , Car pools. 1040 ez forms 2012 Carrybacks Business tax credit carrybacks, Exceptions for special types of refunds. 1040 ez forms 2012 Carryovers Capital loss, Long-term gains and losses. 1040 ez forms 2012 , Capital loss carryover. 1040 ez forms 2012 Worksheet, Figuring your carryover. 1040 ez forms 2012 Investment interest, Limit on Deduction Cars, Transportation, Transporting school children. 1040 ez forms 2012 , Car Expenses and Other Employee Business Expenses, Car Expenses (see also Standard mileage rates) (see also Travel and transportation) Accidents resulting in casualty loss, Deductible losses. 1040 ez forms 2012 Value determination, Car value. 1040 ez forms 2012 Willful negligence or intentional act as cause, Nondeductible losses. 1040 ez forms 2012 Actual expenses, Car Expenses, Actual Car Expenses Advertising displays on, Advertising display on car. 1040 ez forms 2012 Allowances from employers, Per Diem and Car Allowances As capital assets, Capital Assets and Noncapital Assets Blue book to determine fair market value, Cars, boats, and airplanes. 1040 ez forms 2012 Books to determine fair market value, Car value. 1040 ez forms 2012 Business and personal use, allocation between, Business and personal use. 1040 ez forms 2012 , Separating expenses. 1040 ez forms 2012 Business-related travel expenses, Table 26-1. 1040 ez forms 2012 Travel Expenses You Can Deduct This chart summarizes expenses you can deduct when you travel away from home for business purposes. 1040 ez forms 2012 Car pools, Car pools. 1040 ez forms 2012 Charitable gift of, deduction for fair market value, Cars, boats, and airplanes. 1040 ez forms 2012 Charitable organization service, use for, Car expenses. 1040 ez forms 2012 Depreciation, Depreciation and section 179 deductions. 1040 ez forms 2012 Donations of, Cars, boats, and airplanes. 1040 ez forms 2012 Fixed and variable rate (FAVR), Fixed and variable rate (FAVR). 1040 ez forms 2012 Form 2106 or 2106-EZ, how to fill out, Car expenses. 1040 ez forms 2012 Hauling tools or instruments, Hauling tools or instruments. 1040 ez forms 2012 Interest on loans, not deductible, Personal Interest Leased vehicles, Leasing a car. 1040 ez forms 2012 Medical transportation, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 , Transportation, Car expenses. 1040 ez forms 2012 Parking (see Parking fees) Personal property taxes on, deduction of, Personal Property Taxes Reporting of, How To Report Table 26-3 showing forms to be used, Per diem allowance more than federal rate. 1040 ez forms 2012 Sale, trade-in, or other disposition, Sale, Trade-In, or Other Disposition Section 179 deductions, Depreciation and section 179 deductions. 1040 ez forms 2012 Work-related education, transportation for, Using your car. 1040 ez forms 2012 Cash Dividends paid as, Introduction Rebates, Cash rebates. 1040 ez forms 2012 Sales of property for, Payment of cash. 1040 ez forms 2012 Cash contributions, records to keep, Cash Contributions Cash method taxpayers, Cash method. 1040 ez forms 2012 Bad debts, Basis in bad debt required. 1040 ez forms 2012 Points, deduction of, Deduction Allowed in Year Paid Real estate transactions, tax allocation, Division of real estate taxes between buyers and sellers. 1040 ez forms 2012 Taxes paid during tax year, deduction of, You must pay the tax during your tax year. 1040 ez forms 2012 Worthless securities and negotiable promissory notes, Worthless securities. 1040 ez forms 2012 Cash rebates, Cash rebates. 1040 ez forms 2012 Casualties, Home destroyed or condemned. 1040 ez forms 2012 Casualty insurance Premiums not in property basis, Settlement costs. 1040 ez forms 2012 Reimbursements from, Casualty insurance and other reimbursements. 1040 ez forms 2012 Casualty losses, Nonbusiness Casualty and Theft Losses, Net operating loss (NOL). 1040 ez forms 2012 , Casualty and Theft Losses, Casualty and Theft Losses of Income-Producing Property Adjusted basis in property, Casualty and theft losses. 1040 ez forms 2012 , Involuntary Conversions, Adjusted Basis, Adjustments to basis. 1040 ez forms 2012 Amount of loss, Figuring a Loss Appraisals, Appraisal. 1040 ez forms 2012 , Costs of photographs and appraisals. 1040 ez forms 2012 Bank deposit, loss due to bank's insolvency or bankruptcy, Casualty loss or ordinary loss. 1040 ez forms 2012 Costs Cleaning up or making repairs, Cost of cleaning up or making repairs. 1040 ez forms 2012 Photographs and appraisals, Costs of photographs and appraisals. 1040 ez forms 2012 Deductible losses, Deductible losses. 1040 ez forms 2012 $100 rule, $100 Rule When to take (Table 25-2), Gains more than losses. 1040 ez forms 2012 Deduction limits, Deduction Limits For personal property (Table 25-1), Actual reimbursement same as expected. 1040 ez forms 2012 Definition of casualty, Casualty Disasters, Employer's emergency disaster fund. 1040 ez forms 2012 , Disaster relief. 1040 ez forms 2012 (see also Disaster relief) Employer's emergency disaster fund, Employer's emergency disaster fund. 1040 ez forms 2012 Fair market value of property, Decrease in Fair Market Value Form 4684 to be filed, Forms to file. 1040 ez forms 2012 Insurance proceeds, treatment of, Insurance and Other Reimbursements Net operating losses, Net operating loss (NOL). 1040 ez forms 2012 Nondeductible losses, Deductible losses. 1040 ez forms 2012 Proof of loss, Casualty loss proof. 1040 ez forms 2012 Property used partly for business and partly for personal purposes, Property used partly for business and partly for personal purposes. 1040 ez forms 2012 Reimbursement, Insurance and Other Reimbursements Reporting of gain or loss, When To Report Gains and Losses, Losses. 1040 ez forms 2012 , How To Report Gains and Losses Single casualty on multiple properties, Single Casualty on Multiple Properties Cemeteries Charitable contributions to, Types of Qualified Organizations Certificate, mortgage credit, Who qualifies. 1040 ez forms 2012 Certificates of deposit (CDs), Certificates of deposit (CDs). 1040 ez forms 2012 , Individual Retirement Arrangements (IRAs) (see also Individual retirement arrangements (IRAs)) Chambers of commerce Charitable contributions to, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Contributions to Nonqualified Organizations Entertainment expenses for attending meetings, Trade association meetings. 1040 ez forms 2012 Change of address, Change of Address Change of name, Name change. 1040 ez forms 2012 , Name changed. 1040 ez forms 2012 Chaplains Life insurance proceeds when death in line of duty, Public Safety Officer Killed in the Line of Duty Charitable contributions, Contributions, Introduction, Organizations That Qualify To Receive Deductible Contributions, Types of Qualified Organizations, Contributions You Can Deduct, Contributions From Which You Benefit, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Token items. 1040 ez forms 2012 , Written statement. 1040 ez forms 2012 , Contributions You Cannot Deduct, Contributions to Individuals, Contributions to Nonqualified Organizations, Contributions From Which You Benefit, Contributions of Property, Determining Fair Market Value, Large quantities. 1040 ez forms 2012 , Giving Property That Has Decreased in Value, Giving Property That Has Increased in Value, Ordinary income property. 1040 ez forms 2012 , Capital gain property. 1040 ez forms 2012 , Amount of deduction — general rule. 1040 ez forms 2012 , Bargain sales. 1040 ez forms 2012 , When To Deduct, Time of making contribution. 1040 ez forms 2012 , Noncash Contributions, Additional records. 1040 ez forms 2012 , How To Report Gifts to reduce public debt, Gift To Reduce Debt Held by the Public Charitable distributions, qualified, Qualified charitable distributions (QCD). 1040 ez forms 2012 Charity benefit events Deduction amount for charitable contributions, Charity benefit events. 1040 ez forms 2012 Check-writing fees, Check-Writing Fees on Personal Account Checklists Medical and dental expense deductions (Table 21-1), Medicare A. 1040 ez forms 2012 Checks As charitable contributions, Checks. 1040 ez forms 2012 Canceled checks as evidence of travel expenses, Canceled check. 1040 ez forms 2012 Constructive receipt of, Check received or available. 1040 ez forms 2012 Child Foster child, Rule 10. 1040 ez forms 2012 You Cannot Be a Qualifying Child of Another Taxpayer, Rule 13. 1040 ez forms 2012 You Cannot Be a Qualifying Child of Another Taxpayer Married child, Married child. 1040 ez forms 2012 Child and dependent care credit, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 Due diligence, Getting the information. 1040 ez forms 2012 Earned income, Earned income. 1040 ez forms 2012 Full-time student, Rule for student-spouse or spouse not able to care for self. 1040 ez forms 2012 Married filing separately, Special Rules Payments to relatives, Payments to Relatives or Dependents Child born alive, Child born alive. 1040 ez forms 2012 Child care, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 Babysitting, Babysitting. 1040 ez forms 2012 Care providers, Childcare providers. 1040 ez forms 2012 Expenses, Child care expenses. 1040 ez forms 2012 Nursing care for healthy baby, not deductible as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Child custody, Custodial parent and noncustodial parent. 1040 ez forms 2012 Child support, Child support payments. 1040 ez forms 2012 Alimony, difference from, Payments not alimony. 1040 ez forms 2012 , Alimony requirements. 1040 ez forms 2012 , Child support. 1040 ez forms 2012 Child tax credit, Who Should File, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 , Child tax credit. 1040 ez forms 2012 , Child Tax Credit Additional credit, Additional Child Tax Credit Amount of credit, Amount of Credit Claiming, procedure for, Claiming the Credit Limits, Special Rules, Limits on the Credit Modified adjusted gross income, Modified AGI. 1040 ez forms 2012 Married filing separately, Special Rules Qualifying child, Qualifying Child Child, qualifying, Qualifying Child Childcare Credit, Child and Dependent Care Credit Provider Taxpayer identification number, Provider Identification Test Children, Adoption Assistance, Personal Expenses (see also Adoption) Additional credit on child tax credit, Additional Child Tax Credit Adoption (see Adopted child) Babysitters, Babysitting. 1040 ez forms 2012 Birth of child Head of household, qualifying person to file as, Death or birth. 1040 ez forms 2012 , Death or birth. 1040 ez forms 2012 Social security number to be obtained, Born and died in 2013. 1040 ez forms 2012 Care providers, Childcare providers. 1040 ez forms 2012 (see also Child care) Child's tax, figuring of, Step 3. 1040 ez forms 2012 Figuring the Child's Tax (Form 8615, Part III) Alternative minimum tax, Alternative minimum tax. 1040 ez forms 2012 Credit for, Who Should File, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 (see also Child and dependent care credit) (see also Child tax credit) Custody of, Custodial parent and noncustodial parent. 1040 ez forms 2012 Death of child Head of household, qualifying person to file as, Death or birth. 1040 ez forms 2012 , Death or birth. 1040 ez forms 2012 Deductions, Line 2 (deductions). 1040 ez forms 2012 Dividends of (see this heading: Investment income of child under age 18) Earnings of, Child's earnings. 1040 ez forms 2012 Filing requirements, Child's earnings. 1040 ez forms 2012 As dependents (Table 1-2), Do I Have To File a Return? Gifts to, Income from property given to a child. 1040 ez forms 2012 , Income from property received as a gift. 1040 ez forms 2012 Inclusion of child's income on parent's return (Figure 31-A), Penalty for underpayment of estimated tax. 1040 ez forms 2012 Income, calculation of, Figuring Child's Income Capital gains distributions, Capital gain distributions and qualified dividends. 1040 ez forms 2012 Investment income of, Tax on unearned income of certain children. 1040 ez forms 2012 Investment income of child under age 18 Dependent filing requirements (Table 1-2), Do I Have To File a Return? Interest and dividends, Certain Children Under Age 19 or Full-Time Students Parents' election to report on Form 1040, Certain Children Under Age 19 or Full-Time Students, Investment income of child reported on parent's return. 1040 ez forms 2012 Kidnapped, Kidnapped child. 1040 ez forms 2012 , Kidnapped child. 1040 ez forms 2012 Net unearned income, figuring of, Step 1. 1040 ez forms 2012 Figuring the Child's Net Unearned Income (Form 8615, Part I) Nontaxable income, Nontaxable income. 1040 ez forms 2012 Property received as gift, income from, Income from property received as a gift. 1040 ez forms 2012 Signing return, parent for child, Spouse unable to sign. 1040 ez forms 2012 Standard deduction for, Introduction, Standard Deduction for Dependents Stillborn, Stillborn child. 1040 ez forms 2012 Support of (see Child support) Tax credit (see Child tax credit) Tentative tax figured at parent's tax rate, Step 2. 1040 ez forms 2012 Figuring Tentative Tax at the Parent's Tax Rate (Form 8615, Part II) Transporting school children, Transporting school children. 1040 ez forms 2012 Unearned income of, Tax on unearned income of certain children. 1040 ez forms 2012 Unearned income of certain children, Introduction Form 8615, use of (Figure 31-B), Parental information, providing of, Providing Parental Information (Form 8615, lines A–C) Parents' election to report on Form 1040, Parent's Election To Report Child's Interest and Dividends Trust income, Trust income. 1040 ez forms 2012 Unearned income defined, Unearned income defined. 1040 ez forms 2012 Chronic illness Accelerated payment of life insurance proceeds (see Accelerated death benefits) Long-term care (see Long-term care insurance contracts) Church employees Filing requirements (Table 1-3), Figuring tax. 1040 ez forms 2012 Churches, temples, etc. 1040 ez forms 2012 Charitable contributions to, Examples. 1040 ez forms 2012 , Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check Convention delegates, deduction of unreimbursed expenses, Conventions. 1040 ez forms 2012 Citizen or resident test, Citizen or Resident Test Citizens outside U. 1040 ez forms 2012 S. 1040 ez forms 2012 Business travel outside U. 1040 ez forms 2012 S. 1040 ez forms 2012 , Travel Outside the United States, Travel Primarily for Business, Travel Primarily for Personal Reasons Self-employed persons, Exception 1 - No substantial control. 1040 ez forms 2012 Standard meal allowance, Standard meal allowance for areas outside the continental United States. 1040 ez forms 2012 Earned income exclusion, Reminders Employment (see Foreign employment) Extension of time to file, Individuals Outside the United States Filing requirements, U. 1040 ez forms 2012 S. 1040 ez forms 2012 Citizens and Resident Aliens Living Abroad Withholding from IRA distributions, IRA distributions delivered outside the United States. 1040 ez forms 2012 Civic associations Charitable contributions to, Contributions to Nonqualified Organizations Contributions to, no charitable deduction for, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check Civil defense organizations Charitable contributions to, Examples. 1040 ez forms 2012 Civil service retirement benefits, Civil service retirement benefits. 1040 ez forms 2012 Civil suits, Court awards and damages. 1040 ez forms 2012 (see also Damages from lawsuits) Civil tax penalties (see Penalties) Clergy, Ministers. 1040 ez forms 2012 Contributions that can be spent as individual wishes, not deductible charitable contribution, Contributions to Individuals Housing, Clergy Real estate taxes when receiving housing allowance, Ministers' and military housing allowances. 1040 ez forms 2012 , Ministers' and military housing allowance. 1040 ez forms 2012 Life insurance proceeds when chaplain died in line of duty, Public Safety Officer Killed in the Line of Duty Pensions, Pension. 1040 ez forms 2012 Special income rules, Clergy Clerical help, deductibility of, Clerical Help and Office Rent Clients, Meals and Incidental Expenses, Entertainment Expenses (see also Entertainment expenses) Business travel to meet, Transportation Expenses Travel expenses of, paying for, Business associate. 1040 ez forms 2012 Closing costs Real property transactions, Settlement costs. 1040 ez forms 2012 Sale of home, Settlement fees or closing costs. 1040 ez forms 2012 Clothing Military, Military uniforms. 1040 ez forms 2012 Moth damage, not casualty loss, Progressive deterioration. 1040 ez forms 2012 Uniforms Charitable organization requiring, deduction for cost and upkeep of, Uniforms. 1040 ez forms 2012 Used clothing, charitable deduction for fair market value, Used clothing and household items. 1040 ez forms 2012 work, Work Clothes and Uniforms Club dues and membership fees Entertainment expenses, Club dues and membership fees. 1040 ez forms 2012 Co-owners Dwelling unit used as home by co-owner, rental income and expense allocation, Shared equity financing agreement. 1040 ez forms 2012 Coal and iron ore, Coal and iron ore. 1040 ez forms 2012 Coins (see Collectibles) Collectibles As capital assets, Capital Assets and Noncapital Assets, Gold, silver, stamps, coins, gems, etc. 1040 ez forms 2012 Gains or losses from sale or trade of, Investment interest deducted. 1040 ez forms 2012 IRA investment in, Investment in Collectibles, Exception. 1040 ez forms 2012 College professor Research expenses, Research Expenses of a College Professor Colleges and universities Charitable contributions to, Examples. 1040 ez forms 2012 , Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check Athletic events, amount deductible, Athletic events. 1040 ez forms 2012 Education costs, Qualified tuition programs (QTPs). 1040 ez forms 2012 (see also Qualified tuition programs) Employer-provided educational assistance, Qualified Education Expenses (see also Educational assistance) Combat zone Extension to file return, Individuals Serving in Combat Zone Signing return for spouse, Spouse in combat zone. 1040 ez forms 2012 Commission drivers Deduction of expenses, Statutory employees. 1040 ez forms 2012 Commissions, Supplemental Wages Advance, Advance commissions and other earnings. 1040 ez forms 2012 IRAs with brokers, Brokers' commissions. 1040 ez forms 2012 , Brokers' commissions. 1040 ez forms 2012 Property basis to include when buyer pays, Settlement costs. 1040 ez forms 2012 Sharing of (kickbacks), Kickbacks. 1040 ez forms 2012 Unearned, deduction for repayment of, Advance commissions and other earnings. 1040 ez forms 2012 Commodities Derivative financial instruments, Capital Assets and Noncapital Assets Common law marriage, Considered married. 1040 ez forms 2012 Communist organizations Charitable contributions to, Contributions to Nonqualified Organizations Community property, Community income. 1040 ez forms 2012 , Community property. 1040 ez forms 2012 Alimony, difference from, Payments not alimony. 1040 ez forms 2012 IRAs, Community property laws. 1040 ez forms 2012 Married filing separately, Community property states. 1040 ez forms 2012 Medical and dental expenses, Community property states. 1040 ez forms 2012 Commuting expenses, Commuting expenses. 1040 ez forms 2012 , Commuting Expenses Employer-provided commuter vehicle, Commuter highway vehicle. 1040 ez forms 2012 Compensation, Wages, Salaries, and Other Earnings (see also Wages and salaries) Defined for IRA purposes, What is compensation? Defined for Roth IRA purposes, Compensation. 1040 ez forms 2012 Employee, Employee Compensation Miscellaneous compensation, Miscellaneous Compensation Nonemployee, Nonemployee compensation. 1040 ez forms 2012 Unemployment, Unemployment compensation. 1040 ez forms 2012 Computation of tax, Computations Equal amounts, Equal amounts. 1040 ez forms 2012 Negative amounts, Negative amounts. 1040 ez forms 2012 Rounding off dollars, Rounding off dollars. 1040 ez forms 2012 Computer, Depreciation on Computers Condemnation of property, Home destroyed or condemned. 1040 ez forms 2012 , Condemnations. 1040 ez forms 2012 Basis computation, Involuntary Conversions Disaster areas, government-ordered demolition of unsafe home, Deductible losses. 1040 ez forms 2012 Period of ownership and use, Previous home destroyed or condemned. 1040 ez forms 2012 Confidential information Privacy Act and paperwork reduction information, Reminders Travel expenses and, Confidential information. 1040 ez forms 2012 Constructive receipt of income, Constructive receipt. 1040 ez forms 2012 , Payment to an agent. 1040 ez forms 2012 , Constructive receipt. 1040 ez forms 2012 Contributions, Gift To Reduce Debt Held by the Public, Campaign contributions. 1040 ez forms 2012 , Contributions, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Contributions to Nonqualified Organizations, How To Report (see also Campaign contributions) (see also Charitable contributions) Nontaxable combat pay, Nontaxable combat pay. 1040 ez forms 2012 Political, Political Contributions Reservist repayments, Qualified reservist repayments. 1040 ez forms 2012 Retirement (see specific type of plan ) Controlled corporations Nontaxable stock purchase of, Property for stock of a controlled corporation. 1040 ez forms 2012 Related party transactions, Losses on sales or trades of property. 1040 ez forms 2012 Convenience fees, Credit or Debit Card Convenience Fees Conventions Delegates Deduction of unreimbursed expenses, Conventions. 1040 ez forms 2012 Travel expenses, Conventions Travel expenses, Conventions Work-related education, deduction of travel expenses for overseas conventions, Cruises and conventions. 1040 ez forms 2012 Conversion (see specific retirement or IRA plan ) Convertible stocks and bonds, Convertible stocks and bonds. 1040 ez forms 2012 Cooperative housing Dwelling unit used as home, Introduction Mortgage interest statements, Form 1098, Mortgage Interest Statement Real estate taxes, deduction of, Tenant-shareholders in a cooperative housing corporation. 1040 ez forms 2012 Sale or trade of Form 1099-S to report, Form 1099-S transactions. 1040 ez forms 2012 Period of ownership and use, Cooperative apartment. 1040 ez forms 2012 Cooperatives Patronage dividends, Patronage dividends. 1040 ez forms 2012 Copyrights, Capital Assets and Noncapital Assets Infringement damages, Court awards and damages. 1040 ez forms 2012 Royalties, Royalties Corporations, S Corporation Income (see also S corporations) Controlled corporations, Property for stock of a controlled corporation. 1040 ez forms 2012 , Losses on sales or trades of property. 1040 ez forms 2012 Director fees as self-employment income, Corporate director. 1040 ez forms 2012 Reorganizations and nontaxable trade of stock, Corporate reorganizations. 1040 ez forms 2012 Corrections (see Errors) Cosmetic surgery Not deductible as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Cosmetics Not deductible as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Cost basis, Useful Items - You may want to see: IRAs for nondeductible contributions, Cost basis. 1040 ez forms 2012 , Partly taxable. 1040 ez forms 2012 Cost-of-living allowances, Government cost-of-living allowances. 1040 ez forms 2012 Country clubs Charitable contributions to, Contributions to Nonqualified Organizations Dues Charitable deduction not allowed, Table 24-1. 1040 ez forms 2012 Examples of Charitable Contributions—A Quick Check, Membership fees or dues. 1040 ez forms 2012 Entertainment expense deduction not allowed, Club dues and membership fees. 1040 ez forms 2012 Coupon bonds, Coupon bonds. 1040 ez forms 2012 Court awards and damages (see Damages from lawsuits) Cousin, Cousin. 1040 ez forms 2012 Coverdell ESAs Additional tax on, Other taxes. 1040 ez forms 2012 CPAs (see Accountants) Credit cards Annual fees, not deductible, Items You Cannot Deduct Benefits, taxability of insurance, Credit card insurance. 1040 ez forms 2012 Charitable contributions charged to, Credit card. 1040 ez forms 2012 Finance charges, not deductible, Personal Interest Payment of taxes, Reminders Credit for child and dependent care expenses, Credit for child and dependent care expenses. 1040 ez forms 2012 , Credit for child and dependent care expenses. 1040 ez forms 2012 Credit for prior year minimum tax Nonrefundable, Nonrefundable Credit for Prior Year Minimum Tax Credit for the elderly or the disabled, Credit for the elderly or the disabled. 1040 ez forms 2012 , Credit for the elderly or the disabled. 1040 ez forms 2012 Credit or debit cards Payment of taxes, E-file and pay by credit or debit card or by direct transfer from your bank account. 1040 ez forms 2012 Credit reports Costs not included in property basis, Settlement costs. 1040 ez forms 2012 Fees for, not deductible, Items You Cannot Deduct Credit to holders of tax credit bonds, Credit to Holders of Tax Credit Bonds Credits, Credits. 1040 ez forms 2012 , Earned income credit. 1040 ez forms 2012 , Credit for child and dependent care expenses. 1040 ez forms 2012 , Credit for the elderly or the disabled. 1040 ez forms 2012 , Earned income credit. 1040 ez forms 2012 , Credit for child and dependent care expenses. 1040 ez forms 2012 , Credit for the elderly or the disabled. 1040 ez forms 2012 , Earned income credit. 1040 ez forms 2012 Alternative motor vehicle, Alternative Motor Vehicle Credit American opportunity, Special Rules Build America bonds (see Credit to holders of tax credit bonds) Capital gains, undistributed, credit for tax on, Undistributed capital gains of mutual funds and REITs. 1040 ez forms 2012 , Credit for Tax on Undistributed Capital Gain Child and dependent care, Child and Dependent Care Credit (see Child and dependent care credit) Child tax (see Child tax credit) Clean renewable energy bonds (see Credit to holders of tax credit bonds) Earned income, Earned Income Credit (EIC) (see Earned income credit) Elderly or the disabled, Credit for the Elderly or the Disabled Excess withholding, Credit for Excess Social Security Tax or Railroad Retirement Tax Withheld Foreign tax, Foreign Tax Credit Health coverage, Health Coverage Tax Credit Lifetime learning (see Lifetime learning credit) Mortgage interest, Mortgage Interest Credit Nonrefundable credits, Nonrefundable Credits Plug-in electric drive motor vehicle, Plug-in Electric Drive Motor Vehicle Credit Prior year minimum tax (AMT), nonrefundable, Nonrefundable Credit for Prior Year Minimum Tax Qualified energy conservation bonds (see Credit to holders of tax credit bonds) Qualified school construction bonds (see Credit to holders of tax credit bonds) Qualified zone academy bonds (see Credit to holders of tax credit bonds) Refundable credits, Refundable Credits Residential energy, Residential Energy Credits Retirement savings contribution, Retirement Savings Contributions Credit (Saver's Credit) Cremation Not deductible as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Criminal prosecutions Travel expenses for federal staff, Exception for federal crime investigations or prosecutions. 1040 ez forms 2012 Cruises Travel expenses when incidental business activities, Trip Primarily for Personal Reasons Work-related education, deduction of expenses, Cruises and conventions. 1040 ez forms 2012 Custodial fees, Investment Fees and Expenses Custody of child, Custodial parent and noncustodial parent. 1040 ez forms 2012 Customers, Meals and Incidental Expenses, Entertainment Expenses (see also Entertainment expenses) Business travel to meet, Transportation Expenses Travel expenses of, paying for, Business associate. 1040 ez forms 2012 D Daily allowance (see Per diem) Damage to property, Nonbusiness Casualty and Theft Losses (see also Casualty losses) Disasters, Employer's emergency disaster fund. 1040 ez forms 2012 , Disaster relief. 1040 ez forms 2012 (see also Disaster relief) Damages, Damages for Breach of Employment Contract Damages from lawsuits, Court awards and damages. 1040 ez forms 2012 Medical expenses as part of settlement, Damages for Personal Injuries Dating your return, Signatures Daycare centers, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 , Childcare providers. 1040 ez forms 2012 , Care outside your home. 1040 ez forms 2012 (see also Child and dependent care credit) (see also Child care) De minimis benefits, De Minimis (Minimal) Benefits Deadlines (see Due dates) Death (see Decedents) Death benefits Accelerated, Accelerated Death Benefits, Exclusion for terminal illness. 1040 ez forms 2012 Life insurance proceeds (see Life insurance) Public safety officers who died or were killed in line of duty, tax exclusion, Public Safety Officer Killed in the Line of Duty Death of child, Death or birth of child. 1040 ez forms 2012 Death of dependent, Death or birth. 1040 ez forms 2012 Debt instruments (see Bonds or Notes) Debts, Exceptions for special types of refunds. 1040 ez forms 2012 , Recoveries (see also Bad debts) Canceled (see Cancellation of debt) Nonrecourse, Mortgage relief upon sale or other disposition. 1040 ez forms 2012 Paid by another, Debts paid for you. 1040 ez forms 2012 Payoff of debt included in sales transaction, Debt paid off. 1040 ez forms 2012 Public, gifts to reduce, Gift To Reduce Debt Held by the Public Recourse, Mortgage relief upon sale or other disposition. 1040 ez forms 2012 Refund offset against, Refunds. 1040 ez forms 2012 , Offset against debts. 1040 ez forms 2012 Deceased taxpayers (see Decedents) Decedents, Surviving Spouses, Executors, Administrators, and Legal Representatives (see also Executors and administrators) Capital loss of, Decedent's capital loss. 1040 ez forms 2012 Deceased spouse, Surviving Spouses, Executors, Administrators, and Legal Representatives Personal exemption, Death of spouse. 1040 ez forms 2012 Due dates, Filing for a decedent. 1040 ez forms 2012 Filing requirements, Surviving Spouses, Executors, Administrators, and Legal Representatives Funeral expenses, Contributions to Individuals Medical and dental expenses, Decedent Savings bonds, Decedents. 1040 ez forms 2012 Spouse's death, Spouse died during the year. 1040 ez forms 2012 , Spouse died. 1040 ez forms 2012 Standard deduction, Decedent's final return. 1040 ez forms 2012 Transfer of property at death, Other property transactions. 1040 ez forms 2012 Declaration of rights of taxpayers IRS request for information, Reminders Deduction Costs of discrimination suits, Deduction for costs involved in unlawful discrimination suits. 1040 ez forms 2012 Deductions, Special Rules, Personal Exemptions and Dependents, Your Own Exemption, Recoveries, Nonbusiness Bad Debts, How to report bad debts. 1040 ez forms 2012 , Capital Losses , Introduction, Standard Deduction, Points, Treatment by buyer. 1040 ez forms 2012 , Meals and Incidental Expenses, Entertainment Expenses (see also Bad debts) (see also Capital losses) (see also Entertainment expenses) (see also Personal exemption) (see also Points) (see also Recovery of amounts previously deducted) (see also Standard deduction) Alimony, deductible by payer, How To Deduct Alimony Paid Casualty losses, Casualty and Theft Losses of Income-Producing Property (see Capital losses) Changing claim after filing, need to amend, Amended Returns and Claims for Refund Charitable contributions, Contributions, How To Report (see also Charitable contributions) Dental expenses (see Medical and dental expenses) Depreciation, Depreciation and section 179 deduction. 1040 ez forms 2012 Educator expenses, Educator Expenses Estate, Excess Deductions of an Estate Fee-basis government officials, Special Rules Impairment-related work expenses, Impairment-Related Work Expenses, Impairment-related work expenses of disabled employees. 1040 ez forms 2012 Interest (see Interest payments) Investment expenses, Investment expenses. 1040 ez forms 2012 IRA contributions (see Individual retirement arrangements (IRAs)) Itemizing (see Itemized deductions) Long-term care insurance contracts, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Medical expenses (see Medical and dental expenses) Mortgage interest, Hardest Hit Fund and Emergency Homeowners' Loan Programs. 1040 ez forms 2012 (see Mortgages) Not itemizing, use of Form 1040A, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 Pass-through entities, Indirect Deductions of Pass-Through Entities Penalties, no deduction permitted, Penalties. 1040 ez forms 2012 Performing artists' expenses, Expenses of certain performing artists. 1040 ez forms 2012 Prepaid insurance premiums, Prepaid insurance premiums. 1040 ez forms 2012 Prescription medicines, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Rental expenses, When to deduct. 1040 ez forms 2012 Repayments, Repayments Section 179 deductions Adjustment to basis for, Depreciation and section 179 deduction. 1040 ez forms 2012 Car expenses, Depreciation and section 179 deductions. 1040 ez forms 2012 Self-employed persons Health insurance premiums, Health Insurance Costs for Self-Employed Persons Social security and railroad retirement benefits, Deductions Related to Your Benefits Standard deduction, Standard Deduction, Married persons who filed separate returns. 1040 ez forms 2012 Stop-smoking programs, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Student loan interest deduction (see Student loans) Theft loss, Casualty and Theft Losses of Income-Producing Property Transportation expenses (see Travel and transportation expenses) Union dues (see Labor unions) Work-related education, What Expenses Can Be Deducted Deeds Preparation costs for, Amounts charged for services. 1040 ez forms 2012 Recording fees, basis to include, Real estate taxes. 1040 ez forms 2012 Deferred annuity contracts (see Annuities) Deferred compensation Limit, Elective deferrals. 1040 ez forms 2012 Nonqualified plans, Nonqualified deferred compensation plans. 1040 ez forms 2012 Deferred compensation plans (see Retirement plans) Delinquent taxes Real estate transactions, tax allocation, Real estate taxes for prior years. 1040 ez forms 2012 Delivery services, Private delivery services. 1040 ez forms 2012 Business-related travel expense, Table 26-1. 1040 ez forms 2012 Travel Expenses You Can Deduct This chart summarizes expenses you can deduct when you travel away from home for business purposes. 1040 ez forms 2012 Demutualization of life insurance companies, Demutualization of life insurance companies. 1040 ez forms 2012 Dental expenses (see Medical and dental expenses) Dentures Deductibility as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Dependent care Benefits, Dependent care benefits. 1040 ez forms 2012 , Dependent Care Benefits Center, Dependent care center. 1040 ez forms 2012 Credit for, Child and Dependent Care Credit Dependent taxpayer test, Dependent Taxpayer Test Dependents, Who Should File, You can use Form 1040A if all of the following apply. 1040 ez forms 2012 , Exception for adopted child. 1040 ez forms 2012 , Filers who have certain child dependents with an Individual Taxpayer Identification Number (ITIN). 1040 ez forms 2012 (see also Child tax credit) Birth of, Death or birth. 1040 ez forms 2012 Born and died within year, Exception. 1040 ez forms 2012 , Born and died in 2013. 1040 ez forms 2012 Death of, Death or birth. 1040 ez forms 2012 Deceased dependent's medical and dental expenses, What if you pay medical expenses of a deceased spouse or dependent? Disabled dependent care expenses, deduction for, Disabled Dependent Care Expenses Exemption for, Exemptions for Dependents Filing requirements, Child's earnings. 1040 ez forms 2012 Earned income, unearned income, and gross income levels (Table 1-2), Do I Have To File a Return? Married, filing joint return, Joint Return Test, Joint Return Test (To Be a Qualifying Child) Medical and dental expenses, Dependent Qualifying child, Qualifying Child, Qualifying Child Qualifying relative, Qualifying Relative, Qualifying Child Social security number, Dependent's SSN. 1040 ez forms 2012 Adoption taxpayer identification number, Adoption taxpayer identification number (ATIN). 1040 ez forms 2012 , Taxpayer identification numbers for aliens. 1040 ez forms 2012 Alien dependents, Born and died in 2013. 1040 ez forms 2012 Standard deduction for, Standard Deduction for Dependents Travel expenses for, Travel expenses for another individual. 1040 ez forms 2012 Tuition deduction for, Who Can Claim a Dependent's Expenses Dependents not allowed to claim dependents, Dependent Taxpayer Test Depletion allowance, Depletion. 1040 ez forms 2012 Deposits, Fees and deposits. 1040 ez forms 2012 Loss on, Loss on Deposits Losses on, Deposit in Insolvent or Bankrupt Financial Institution, Loss on Deposits Reporting of, Loss on deposits. 1040 ez forms 2012 Depreciation Adjustment to basis for, Depreciation and section 179 deduction. 1040 ez forms 2012 Cars, Depreciation and section 179 deductions. 1040 ez forms 2012 Change of use of property, Basis for depreciation. 1040 ez forms 2012 Computer, Depreciation on Computers Correcting amount claimed, Claiming the correct amount of depreciation. 1040 ez forms 2012 Form 4562 Rental property depreciation, Depreciation Home computer, Depreciation on Home Computer Property used in trade or business, as noncapital assets, Capital Assets and Noncapital Assets Real property Gain from disposition of property, Depreciation after May 6, 1997. 1040 ez forms 2012 Land, no depreciation of, Land. 1040 ez forms 2012 Rental property, Depreciation. 1040 ez forms 2012 , Depreciation Designated Roth Account Defined. 1040 ez forms 2012 , Designated Roth accounts. 1040 ez forms 2012 Designated Roth account, Designated Roth accounts. 1040 ez forms 2012 , Designated Roth accounts. 1040 ez forms 2012 Destroyed records, Destroyed records. 1040 ez forms 2012 Diaper service, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Differential wage payments, Differential wage payments. 1040 ez forms 2012 Differential wages Wages for reservists Military reserves, Differential wage payments. 1040 ez forms 2012 Direct deposit of refunds, Refunds Directors' fees, Corporate director. 1040 ez forms 2012 Disabilities, persons with, Qualifying Person Test, Physically or mentally not able to care for oneself. 1040 ez forms 2012 , Credit for the Elderly or the Disabled (see also Elderly or the disabled) Accrued leave payment, Accrued leave payment. 1040 ez forms 2012 Armed forces, Disability. 1040 ez forms 2012 Blind (see Blind persons) Cafeteria plans, Cafeteria plans. 1040 ez forms 2012 Credit for (see Elderly or disabled, credit for) Dependent who is disabled, deduction for care expenses, Disabled Dependent Care Expenses Guide dogs, deductible as medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Impairment-related work expenses of, Impairment-Related Work Expenses, Impairment-related work expenses of disabled employees. 1040 ez forms 2012 Work-related education, Impairment-Related Work Expenses Insurance costs, Cost paid by you. 1040 ez forms 2012 Military and government pensions, Military and Government Disability Pensions Public assistance benefits, Persons with disabilities. 1040 ez forms 2012 Reporting of disability pension income, Disability Pensions Retirement, pensions, and profit-sharing plans, Sickness and Injury Benefits, Retirement and profit-sharing plans. 1040 ez forms 2012 Signing of return by court-appointed representative, Court-appointed, conservator, or other fiduciary. 1040 ez forms 2012 Social security and railroad retirement benefits, deductions for, Disability payments. 1040 ez forms 2012 Special school or home for, deductibility of medical expense, Table 21-1. 1040 ez forms 2012 Medical and Dental Expenses Checklist. 1040 ez forms 2012 See Publication 502 for more information about these and other expenses. 1040 ez forms 2012 Terrorist attack as cause of injury, disability payments excluded from taxation, Disability pensions. 1040 ez forms 2012 Workers' compensation, Workers' Compensation Disability Income, Disability income. 1040 ez forms 2012 Disability benefits Earned income credit, Form 4029. 1040 ez forms 2012 Disability insurance payments Earned income credit, Disability insurance payments. 1040 ez forms 2012 Disability, permanent and total disability, Permanent and total disability. 1040 ez forms 2012 Disabled Child, Permanently and totally disabled. 1040 ez forms 2012 Dependent, Disabled dependent working at sheltered workshop. 1040 ez forms 2012 Disaster Assistance Act of 1988 Withholding, Federal Payments Disaster relief, Terrorist attack or military action. 1040 ez forms 2012 , Disaster relief payments. 1040 ez forms 2012 , Disaster relief. 1040 ez forms 2012 (see also Terrorist attacks) Cash gifts to victims, Cash gifts. 1040 ez forms 2012 Disaster Relief and Emergency Assistance Act Grants, Disaster relief grants. 1040 ez forms 2012 Unemployment assistance, Types of unemployment compensation. 1040 ez forms 2012 Employer's emergency disaster fund, Employer's emergency disaster fund. 1040 ez forms 2012 Government-ordered demolition or relocation of home that is unsafe due to, Deductible losses. 1040 ez forms 2012 Grants or payments, Disaster relief grants. 1040 ez forms 2012 Replacement of lost or destroyed property, Disaster relief. 1040 ez forms 2012 Discharge of qualified principal residence indebtedness, Discharges of qualified principal residence indebtedness. 1040 ez forms 2012 , Adjusted Basis Disclosure statement, Disclosure statement. 1040 ez forms 2012 Discount, bonds and notes issued at, Original Issue Discount (OID) Discounted debt instruments Capital gain or loss, Discounted Debt Instruments Discounts Employee discounts, effect on basis, Bargain purchases. 1040 ez forms 2012 Distributions, Eligible rollover distributions. 1040 ez forms 2012 (see also Rollovers) Early (see Early withdrawal from deferred interest account) Liquidating distributions, Liquidating Distributions Lump sum (see Lump-sum distributions) Nondividend distributions, Nondividend Distributions Qualified charitable, Qualified charitable distributions (QCD). 1040 ez forms 2012 Qualified reservist, Qualified reservist distributions. 1040 ez forms 2012 Required minimum distributions, Required distributions. 1040 ez forms 2012 , Required distributions. 1040 ez forms 2012 , When Must You Withdraw IRA Assets? (Required Minimum Distributions) (see also Individual retirement arrangements (IRAs)) (see also Pensions) Return of capital, Nondividend Distributions District of Columbia First-time homebuyer credit, Decreases to basis. 1040 ez forms 2012 Dividends, Dividends and Other Distributions, Form 1099-DIV. 1040 ez forms 2012 , More information. 1040 ez forms 2012 (see also Form 1099-DIV) Alaska Permanent Fund (see Alaska Permanent Fund dividends) As stock dividends and stock rights, Distributions of Stock and Stock Rights Backup withholding, Backup withholding. 1040 ez forms 2012 Beneficiary of estate or trust receiving, Beneficiary of an estate or trust. 1040 ez forms 2012 Buying more stock with, Dividends Used to Buy More Stock Defined, Introduction Exempt-interest dividends, Other Distributions Expenses related to, deduction of, Expenses related to dividend income. 1040 ez forms 2012 Fees to collect, Fees to Collect Interest and Dividends Foreign income, Reminder Holding period, determination of, Stock dividends. 1040 ez forms 2012 Insurance dividends, Dividends on insurance policies. 1040 ez forms 2012 Money market funds, Money Market Funds Nominees receiving on behalf of another, Nominees. 1040 ez forms 2012 Nondividend distributions, Nondividend Distributions Ordinary dividends, Ordinary Dividends Patronage dividends, Patronage dividends. 1040 ez forms 2012 Qualified, Qualified Dividends, Qualified dividends. 1040 ez forms 2012 Real estate investment trusts (REITs) paying, Capital Gain Distributions Redemption treated as, Dividend versus sale or trade. 1040 ez forms 2012 Reinvestment plans, Dividends Used to Buy More Stock Reporting of, How To Report Dividend Income As interest, Introduction Scrip dividends, Scrip dividends. 1040 ez forms 2012 Sold stock, Dividends on stock sold. 1040 ez forms 2012 Stockholder debts when canceled as, Stockholder debt. 1040 ez forms 2012 Veterans' insurance, Dividends on veterans' insurance. 1040 ez forms 2012 Divorced parents, Children of divorced or separated parents (or parents who live apart). 1040 ez forms 2012 , Applying this special rule to divorced or separated parents (or parents who live apart). 1040 ez forms 2012 Divorced taxpayers, Alimony. 1040 ez forms 2012 (see also Alimony) Child and dependent care credit, Child of divorced or separated parents or parents living apart. 1040 ez forms 2012 Child custody, Custodial parent and noncustodial parent. 1040 ez forms 2012 Definition of divorce instrument for purposes of alimony, Divorce or separation instrument. 1040 ez forms 2012 Estimated tax payments, Divorced Taxpayers Filing status, Divorced persons. 1040 ez forms 2012 , Divorced persons. 1040 ez forms 2012 IRAs, Kay Bailey Hutchison Spousal IRA. 1040 ez forms 2012 , Transfers Incident to Divorce Medical and dental expenses of children of, Child of divorced or separated parents. 1040 ez forms 2012 Mortgage interest, payment as alimony, Divorced or separated individuals. 1040 ez forms 2012 Personal exemption, Divorced or separated spouse. 1040 ez forms 2012 Real estate taxes, allocation of, Divorced individuals. 1040 ez forms 2012 Transfers between spouses, Property Transferred From a Spouse, Transfers Between Spouses Use of home after divorce, Use of home after divorce. 1040 ez forms 2012 Doctors' bills (see Medical and dental expenses) Documentary evidence Recordkeeping requirements, Documentary evidence. 1040 ez forms 2012 Domestic help Withholding, Household workers. 1040 ez forms 2012 Domestic help, no exemption for, Housekeepers, maids, or servants. 1040 ez forms 2012
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Security Forms

IRS Contractor Investigation Risk Assessment Checklist (RAC)

IRS contractors who require a background investigation prior to starting work on an IRS contract must complete the RAC xls spreadsheet. The spreadsheet is completed by the vendor and individual contractor, and should be forwarded to both the COTR of record and the Contractor Security Lifecycle Program (CSLP) office.

All fields on Tab 1 of the RAC must be completed. Tab 2 contains instructions for each field. The spreadsheet contains a variety of information required for entry into various IRS systems to initiate and/or update the contractor investigation. These systems include but are not limited to:

• PBIP (PIV Background Investigation Process) – the contractor lifecycle tracking system, which tracks personal, investigation, training, badge, and separation information.
• USAccess – government-wide system used to submit fingerprints to OPM for a criminal check.
• ABIS (Automated Background Investigation System) – the system used to initiate the actual IRS investigation.
• e-QIP – the OPM  system used to complete the SF85 or SF85P (Questionnaire for Public Trust Positions)

Other forms that may be required prior to the investigation initiation may include the Fair Credit Reporting Act (Form 13440), Tax Check Notice (Form 1379), and the Declaration for Federal Employment (OF 0306).  You will be notified regarding which forms are required when you are contacted about initiating investigations for a specific contract with the IRS.  

If you have questions or concerns please contact Contractor Security Lifecycle Program office.  Be sure to include the Contracting Officer’s Technical Representative (COTR) on any questions or communications with CSLP.

Risk Assessment Spreadsheet
13340 - Fair Credit Reporting Act
1379 - Tax Record Check Notice
OF-306 - Declaration for Federal Employment
Page Last Reviewed or Updated: 03-Feb-2014

The 1040 Ez Forms 2012

1040 ez forms 2012 3. 1040 ez forms 2012   Limit on Annual Additions Table of Contents Ministers and church employees. 1040 ez forms 2012 Includible Compensation for Your Most Recent Year of ServiceMost Recent Year of Service Includible Compensation The first component of MAC is the limit on annual additions. 1040 ez forms 2012 This is a limit on the total contributions (elective deferrals, nonelective contributions, and after-tax contributions) that can be made to your 403(b) account. 1040 ez forms 2012 The limit on annual additions generally is the lesser of: $51,000 for 2013 and $52,000 for 2014, or 100% of your includible compensation for your most recent year of service. 1040 ez forms 2012 More than one 403(b) account. 1040 ez forms 2012 If you contributed to more than one 403(b) account, you must combine the contributions made to all 403(b) accounts on your behalf by your employer. 1040 ez forms 2012 Ministers and church employees. 1040 ez forms 2012   If you are a minister or a church employee, you may be able to increase your limit on annual additions or use different rules when figuring your limit on annual additions. 1040 ez forms 2012 For more information, see chapter 5. 1040 ez forms 2012 Participation in a qualified plan. 1040 ez forms 2012 If you participated in a 403(b) plan and a qualified plan, you must combine contributions made to your 403(b) account with contributions to a qualified plan and simplified employee pensions of all corporations, partnerships, and sole proprietorships in which you have more than 50% control. 1040 ez forms 2012 You can use Part I of Worksheet 1 in chapter 9 to figure your limit on annual additions. 1040 ez forms 2012 Includible Compensation for Your Most Recent Year of Service Definition. 1040 ez forms 2012   Generally, includible compensation for your most recent year of service is the amount of taxable wages and benefits you received from the employer that maintained a 403(b) account for your benefit during your most recent year of service. 1040 ez forms 2012 When figuring your includible compensation for your most recent year of service, keep in mind that your most recent year of service may not be the same as your employer's most recent annual work period. 1040 ez forms 2012 This can happen if your tax year is not the same as your employer's annual work period. 1040 ez forms 2012 When figuring includible compensation for your most recent year of service, do not mix compensation or service of one employer with compensation or service of another employer. 1040 ez forms 2012 Most Recent Year of Service Your most recent year of service is your last full year of service, ending on the last day of your tax year that you worked for the employer that maintained a 403(b) account on your behalf. 1040 ez forms 2012 Tax year different from employer's annual work period. 1040 ez forms 2012   If your tax year is not the same as your employer's annual work period, your most recent year of service is made up of parts of at least two of your employer's annual work periods. 1040 ez forms 2012 Example. 1040 ez forms 2012 A professor who reports her income on a calendar-year basis is employed on a full-time basis by a university that operates on an academic year (October through May). 1040 ez forms 2012 To figure her includible compensation for 2013, the professor's most recent year of service is her service from January through May 2013 and from October through December 2013. 1040 ez forms 2012 Figuring Your Most Recent Year of Service To figure your most recent year of service, begin by determining what is a full year of service for your position. 1040 ez forms 2012 A full year of service is equal to full-time employment for your employer's annual work period. 1040 ez forms 2012 After identifying a full year of service, begin counting the service you have provided for your employer starting with the service provided in the current year. 1040 ez forms 2012 Part-time or employed only part of the year. 1040 ez forms 2012   If you are a part-time or a full-time employee who is employed for only part of the year, your most recent year of service is your service this year and your service for as many previous years as is necessary to total 1 full year of service. 1040 ez forms 2012 To determine your most recent year of service, add the following periods of service: Your service during the year for which you are figuring the limit on annual additions, and Your service during your preceding tax years until the total service equals 1 year of service or you have figured all of your service with the employer. 1040 ez forms 2012 Example. 1040 ez forms 2012 You were employed on a full-time basis from July through December 2011 (1/2 year of service), July through December 2012 (1/2 year of service), and October through December 2013 (1/4 year of service). 1040 ez forms 2012 Your most recent year of service for computing your limit on annual additions for 2013 is the total of your service during 2013 (1/4 year of service), your service during 2012 (1/2 year of service), and your service during the months October through December 2011 (1/4 year of service). 1040 ez forms 2012 Not yet employed for 1 year. 1040 ez forms 2012   If, at the close of the year, you have not yet worked for your employer for 1 year (including time you worked for the same employer in all earlier years), use the period of time you have worked for the employer as your most recent year of service. 1040 ez forms 2012 Includible Compensation After identifying your most recent year of service, the next step is to identify the includible compensation associated with that full year of service. 1040 ez forms 2012 Includible compensation is not the same as income included on your tax return. 1040 ez forms 2012 Compensation is a combination of income and benefits received in exchange for services provided to your employer. 1040 ez forms 2012 Generally, includible compensation is the amount of income and benefits: Received from the employer who maintains your 403(b) account, and Must be included in your income. 1040 ez forms 2012 Includible compensation includes the following amounts. 1040 ez forms 2012 Elective deferrals (employer's contributions made on your behalf under a salary reduction agreement). 1040 ez forms 2012 Amounts contributed or deferred by your employer under a section 125 cafeteria plan. 1040 ez forms 2012 Amounts contributed or deferred, at the election of the employee, under an eligible section 457 nonqualified deferred compensation plan (state or local government or tax-exempt organization plan). 1040 ez forms 2012  Note. 1040 ez forms 2012 For information about treating elective deferrals under section 457 plans as Roth contributions, see Publication 575. 1040 ez forms 2012 Wages, salaries, and fees for personal services earned with the employer maintaining your 403(b) account. 1040 ez forms 2012 Income otherwise excluded under the foreign earned income exclusion. 1040 ez forms 2012 Pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan. 1040 ez forms 2012 Includible compensation does not include the following items. 1040 ez forms 2012 Your employer's contributions to your 403(b) account. 1040 ez forms 2012 Compensation earned while your employer was not an eligible employer. 1040 ez forms 2012 Your employer's contributions to a qualified plan that: Are on your behalf, and Are excludable from income. 1040 ez forms 2012 The cost of incidental life insurance. 1040 ez forms 2012 See Cost of Incidental Life Insurance, later. 1040 ez forms 2012 If you are a church employee or a foreign missionary, figure includible compensation using the rules explained in chapter 5. 1040 ez forms 2012 Contributions after retirement. 1040 ez forms 2012   Nonelective contributions may be made for an employee for up to 5 years after retirement. 1040 ez forms 2012 These contributions would be based on includible compensation for the last year of service before retirement. 1040 ez forms 2012 Cost of Incidental Life Insurance Includible compensation does not include the cost of incidental life insurance. 1040 ez forms 2012 If all of your 403(b) accounts invest only in mutual funds, then you have no incidental life insurance. 1040 ez forms 2012 If you have an annuity contract, a portion of the cost of that contract may be for incidental life insurance. 1040 ez forms 2012 If so, the cost of the insurance is taxable to you in the year contributed and is considered part of your basis when distributed. 1040 ez forms 2012 Your employer will include the cost of your insurance as taxable wages in box 1 of Form W-2. 1040 ez forms 2012 Not all annuity contracts include life insurance. 1040 ez forms 2012 Contact your plan administrator to determine if your contract includes incidental life insurance. 1040 ez forms 2012 If it does, you will need to figure the cost of life insurance each year the policy is in effect. 1040 ez forms 2012 Figuring the cost of incidental life insurance. 1040 ez forms 2012 If you have determined that part of the cost of your annuity contract is for an incidental life insurance premium, you will need to determine the amount of the premium and subtract it from your includible compensation. 1040 ez forms 2012 To determine the amount of the life insurance premiums, you will need to know the following information. 1040 ez forms 2012 The value of your life insurance contract, which is the amount payable upon your death. 1040 ez forms 2012 The cash value of your life insurance contract at the end of the tax year. 1040 ez forms 2012 Your age on your birthday nearest the beginning of the policy year. 1040 ez forms 2012 Your current life insurance protection under an ordinary retirement income life insurance policy, which is the amount payable upon your death minus the cash value of the contract at the end of the year. 1040 ez forms 2012 You can use Worksheet A, in chapter 9, to determine the cost of your incidental life insurance. 1040 ez forms 2012 Example. 1040 ez forms 2012 Your new contract provides that your beneficiary will receive $10,000 if you should die before retirement. 1040 ez forms 2012 Your cash value in the contract at the end of the first year is zero. 1040 ez forms 2012 Your current life insurance protection for the first year is $10,000 ($10,000 − 0). 1040 ez forms 2012 The cash value in the contract at the end of year two is $1,000, and the current life insurance protection for the second year is $9,000 ($10,000 – $1,000). 1040 ez forms 2012 The 1-year cost of the protection can be calculated by using Figure 3-1, Table of One-Year Term Premiums for $1,000 Life Insurance Protection . 1040 ez forms 2012 The premium rate is determined based on your age on your birthday nearest the beginning of the policy year. 1040 ez forms 2012 Figure 3-1. 1040 ez forms 2012 Table of One-Year Term Premiums for $1,000 Life Insurance Protection Age Cost   Age Cost   Age Cost 0 $0. 1040 ez forms 2012 70   35 $0. 1040 ez forms 2012 99   70 $20. 1040 ez forms 2012 62 1 0. 1040 ez forms 2012 41   36 1. 1040 ez forms 2012 01   71 22. 1040 ez forms 2012 72 2 0. 1040 ez forms 2012 27   37 1. 1040 ez forms 2012 04   72 25. 1040 ez forms 2012 07 3 0. 1040 ez forms 2012 19   38 1. 1040 ez forms 2012 06   73 27. 1040 ez forms 2012 57 4 0. 1040 ez forms 2012 13   39 1. 1040 ez forms 2012 07   74 30. 1040 ez forms 2012 18 5 0. 1040 ez forms 2012 13   40 1. 1040 ez forms 2012 10   75 33. 1040 ez forms 2012 05 6 0. 1040 ez forms 2012 14   41 1. 1040 ez forms 2012 13   76 36. 1040 ez forms 2012 33 7 0. 1040 ez forms 2012 15   42 1. 1040 ez forms 2012 20   77 40. 1040 ez forms 2012 17 8 0. 1040 ez forms 2012 16   43 1. 1040 ez forms 2012 29   78 44. 1040 ez forms 2012 33 9 0. 1040 ez forms 2012 16   44 1. 1040 ez forms 2012 40   79 49. 1040 ez forms 2012 23 10 0. 1040 ez forms 2012 16   45 1. 1040 ez forms 2012 53   80 54. 1040 ez forms 2012 56 11 0. 1040 ez forms 2012 19   46 1. 1040 ez forms 2012 67   81 60. 1040 ez forms 2012 51 12 0. 1040 ez forms 2012 24   47 1. 1040 ez forms 2012 83   82 66. 1040 ez forms 2012 74 13 0. 1040 ez forms 2012 28   48 1. 1040 ez forms 2012 98   83 73. 1040 ez forms 2012 07 14 0. 1040 ez forms 2012 33   49 2. 1040 ez forms 2012 13   84 80. 1040 ez forms 2012 35 15 0. 1040 ez forms 2012 38   50 2. 1040 ez forms 2012 30   85 88. 1040 ez forms 2012 76 16 0. 1040 ez forms 2012 52   51 2. 1040 ez forms 2012 52   86 99. 1040 ez forms 2012 16 17 0. 1040 ez forms 2012 57   52 2. 1040 ez forms 2012 81   87 110. 1040 ez forms 2012 40 18 0. 1040 ez forms 2012 59   53 3. 1040 ez forms 2012 20   88 121. 1040 ez forms 2012 85 19 0. 1040 ez forms 2012 61   54 3. 1040 ez forms 2012 65   89 133. 1040 ez forms 2012 40 20 0. 1040 ez forms 2012 62   55 4. 1040 ez forms 2012 15   90 144. 1040 ez forms 2012 30 21 0. 1040 ez forms 2012 62   56 4. 1040 ez forms 2012 68   91 155. 1040 ez forms 2012 80 22 0. 1040 ez forms 2012 64   57 5. 1040 ez forms 2012 20   92 168. 1040 ez forms 2012 75 23 0. 1040 ez forms 2012 66   58 5. 1040 ez forms 2012 66   93 186. 1040 ez forms 2012 44 24 0. 1040 ez forms 2012 68   59 6. 1040 ez forms 2012 06   94 206. 1040 ez forms 2012 70 25 0. 1040 ez forms 2012 71   60 6. 1040 ez forms 2012 51   95 228. 1040 ez forms 2012 35 26 0. 1040 ez forms 2012 73   61 7. 1040 ez forms 2012 11   96 250. 1040 ez forms 2012 01 27 0. 1040 ez forms 2012 76   62 7. 1040 ez forms 2012 96   97 265. 1040 ez forms 2012 09 28 0. 1040 ez forms 2012 80   63 9. 1040 ez forms 2012 08   98 270. 1040 ez forms 2012 11 29 0. 1040 ez forms 2012 83   64 10. 1040 ez forms 2012 41   99 281. 1040 ez forms 2012 05 30 0. 1040 ez forms 2012 87   65 11. 1040 ez forms 2012 90       31 0. 1040 ez forms 2012 90   66 13. 1040 ez forms 2012 51       32 0. 1040 ez forms 2012 93   67 15. 1040 ez forms 2012 20       33 0. 1040 ez forms 2012 96   68 16. 1040 ez forms 2012 92       34 0. 1040 ez forms 2012 98   69 18. 1040 ez forms 2012 70                       If the current published premium rates per $1,000 of insurance protection charged by an insurer for individual 1-year term life insurance premiums available to all standard risks are lower than those in the preceding table, you can use the lower rates for figuring the cost of insurance in connection with individual policies issued by the same insurer. 1040 ez forms 2012 Example 1. 1040 ez forms 2012 Lynne Green, age 44, and her employer enter into a 403(b) plan that will provide her with a $500 a month annuity upon retirement at age 65. 1040 ez forms 2012 The agreement also provides that if she should die before retirement, her beneficiary will receive the greater of $20,000 or the cash surrender value in the life insurance contract. 1040 ez forms 2012 Using the facts presented we can determine the cost of Lynne's life insurance protection as shown in Table 3-1. 1040 ez forms 2012 Lynne's employer has included $28 for the cost of the life insurance protection in her current year's income. 1040 ez forms 2012 When figuring her includible compensation for this year, Lynne will subtract $28. 1040 ez forms 2012 Table 3-1. 1040 ez forms 2012 Worksheet A. 1040 ez forms 2012 Cost of Incidental Life Insurance Note. 1040 ez forms 2012 Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. 1040 ez forms 2012 This amount will be used to figure includible compensation for your most recent year of service. 1040 ez forms 2012 1. 1040 ez forms 2012 Enter the value of the contract (amount payable upon your death) 1. 1040 ez forms 2012 $20,000. 1040 ez forms 2012 00 2. 1040 ez forms 2012 Enter the cash value in the contract at the end of the year 2. 1040 ez forms 2012 0. 1040 ez forms 2012 00 3. 1040 ez forms 2012 Subtract line 2 from line 1. 1040 ez forms 2012 This is the value of your current life insurance protection 3. 1040 ez forms 2012 $20,000. 1040 ez forms 2012 00 4. 1040 ez forms 2012 Enter your age on your birthday nearest the beginning of the policy year 4. 1040 ez forms 2012 44 5. 1040 ez forms 2012 Enter the 1-year term premium for $1,000 of life insurance based on your age. 1040 ez forms 2012 (From Figure 3-1) 5. 1040 ez forms 2012 $1. 1040 ez forms 2012 40 6. 1040 ez forms 2012 Divide line 3 by $1,000 6. 1040 ez forms 2012 20 7. 1040 ez forms 2012 Multiply line 6 by line 5. 1040 ez forms 2012 This is the cost of your incidental life insurance 7. 1040 ez forms 2012 $28. 1040 ez forms 2012 00 Example 2. 1040 ez forms 2012 Lynne's cash value in the contract at the end of the second year is $1,000. 1040 ez forms 2012 In year two, the cost of Lynne's life insurance is calculated as shown in Table 3-2. 1040 ez forms 2012 In year two, Lynne's employer will include $29. 1040 ez forms 2012 07 in her current year's income. 1040 ez forms 2012 Lynne will subtract this amount when figuring her includible compensation. 1040 ez forms 2012 Table 3-2. 1040 ez forms 2012 Worksheet A. 1040 ez forms 2012 Cost of Incidental Life Insurance Note. 1040 ez forms 2012 Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. 1040 ez forms 2012 This amount will be used to figure includible compensation for your most recent year of service. 1040 ez forms 2012 1. 1040 ez forms 2012 Enter the value of the contract (amount payable upon your death) 1. 1040 ez forms 2012 $20,000. 1040 ez forms 2012 00 2. 1040 ez forms 2012 Enter the cash value in the contract at the end of the year 2. 1040 ez forms 2012 $1,000. 1040 ez forms 2012 00 3. 1040 ez forms 2012 Subtract line 2 from line 1. 1040 ez forms 2012 This is the value of your current life insurance protection 3. 1040 ez forms 2012 $19,000. 1040 ez forms 2012 00 4. 1040 ez forms 2012 Enter your age on your birthday nearest the beginning of the policy year 4. 1040 ez forms 2012 45 5. 1040 ez forms 2012 Enter the 1-year term premium for $1,000 of life insurance based on your age. 1040 ez forms 2012 (From Figure 3-1) 5. 1040 ez forms 2012 $1. 1040 ez forms 2012 53 6. 1040 ez forms 2012 Divide line 3 by $1,000 6. 1040 ez forms 2012 19 7. 1040 ez forms 2012 Multiply line 6 by line 5. 1040 ez forms 2012 This is the cost of your incidental life insurance 7. 1040 ez forms 2012 $29. 1040 ez forms 2012 07 Figuring Includible Compensation for Your Most Recent Year of Service You can use Worksheet B in chapter 9 to determine your includible compensation for your most recent year of service. 1040 ez forms 2012 Example. 1040 ez forms 2012 Floyd has been periodically working full-time for a local hospital since September 2011. 1040 ez forms 2012 He needs to figure his limit on annual additions for 2014. 1040 ez forms 2012 The hospital's normal annual work period for employees in Floyd's general type of work runs from January to December. 1040 ez forms 2012 During the periods that Floyd was employed with the hospital, the hospital has always been eligible to provide a 403(b) plan to employees. 1040 ez forms 2012 Additionally, the hospital has never provided the employees with a 457 deferred compensation plan, a transportation fringe benefit plan, or a cafeteria plan. 1040 ez forms 2012 Floyd has never worked abroad and there is no life insurance provided under the plan. 1040 ez forms 2012 Table 3-3 shows the service Floyd provided to his employer, his compensation for the periods worked, his elective deferrals, and his taxable wages. 1040 ez forms 2012 Table 3-3. 1040 ez forms 2012 Floyd's Compensation Note. 1040 ez forms 2012 This table shows information Floyd will use to figure includible compensation for his most recent year of service. 1040 ez forms 2012   Year Years of Service Taxable Wages Elective Deferrals 2014 6/12 of  a year $42,000 $2,000 2013 4/12 of  a year $16,000 $1,650 2012 4/12 of  a year $16,000 $1,650 Before Floyd can figure his limit on annual additions, he must figure includible compensation for his most recent year of service. 1040 ez forms 2012 Because Floyd is not planning to work the entire 2014 year, his most recent year of service will include the time he is planning to work in 2014 plus time he worked in the preceding 3 years until the time he worked for the hospital totals 1 year. 1040 ez forms 2012 If the total time he worked is less than 1 year, Floyd will treat it as if it were 1 year. 1040 ez forms 2012 He figures his most recent year of service shown in the following list. 1040 ez forms 2012 Time he will work in 2014 is 6/12 of a year. 1040 ez forms 2012 Time worked in 2013 is 4/12 of a year. 1040 ez forms 2012 All of this time will be used to determine Floyd's most recent year of service. 1040 ez forms 2012 Time worked in 2012 is 4/12 of a year. 1040 ez forms 2012 Floyd only needs 2 months of the 4 months he worked in 2012 to have enough time to total 1 full year. 1040 ez forms 2012 Because he needs only one-half of the actual time he worked, Floyd will use only one-half of his income earned during that period to calculate wages that will be used in figuring his includible compensation. 1040 ez forms 2012 Using the information provided in Table 3-3, wages for Floyd's most recent year of service are $66,000 ($42,000 + $16,000 + $8,000). 1040 ez forms 2012 His includible compensation for his most recent year of service is figured as shown in Table 3-4. 1040 ez forms 2012 After figuring his includible compensation, Floyd determines his limit on annual additions for 2014 to be $52,000, the lesser of his includible compensation, $70,475 (Table 3-4), and the maximum amount of $52,000. 1040 ez forms 2012 Table 3-4. 1040 ez forms 2012 Worksheet B. 1040 ez forms 2012 Includible Compensation for Your Most Recent Year of Service1 Note. 1040 ez forms 2012 Use this worksheet to figure includible compensation for your most recent year of service. 1040 ez forms 2012 1. 1040 ez forms 2012 Enter your includible wages from the employer maintaining your 403(b) account for your most recent year of service 1. 1040 ez forms 2012 $66,000 2. 1040 ez forms 2012 Enter elective deferrals excluded from your gross income for your most recent year of service2 2. 1040 ez forms 2012 4,4753 3. 1040 ez forms 2012 Enter amounts contributed or deferred by your employer under a cafeteria plan for your most recent year of service 3. 1040 ez forms 2012 -0- 4. 1040 ez forms 2012 Enter amounts contributed or deferred by your employer according to your election to your 457 account (a nonqualified plan of a state or local government, or of a tax-exempt organization) for your most recent year of service 4. 1040 ez forms 2012 -0- 5. 1040 ez forms 2012 Enter pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan for your most recent year of service 5. 1040 ez forms 2012 -0- 6. 1040 ez forms 2012 Enter your foreign earned income exclusion for your most recent year of service 6. 1040 ez forms 2012 -0- 7. 1040 ez forms 2012 Add lines 1, 2, 3, 4, 5, and 6 7. 1040 ez forms 2012 70,475 8. 1040 ez forms 2012 Enter the cost of incidental life insurance that is part of your annuity contract for your most recent year of service 8. 1040 ez forms 2012 -0- 9. 1040 ez forms 2012 Enter compensation that was both: Earned during your most recent year of service, and Earned while your employer was not qualified to maintain a 403(b) plan 9. 1040 ez forms 2012 -0- 10. 1040 ez forms 2012 Add lines 8 and 9 10. 1040 ez forms 2012 -0- 11. 1040 ez forms 2012 Subtract line 10 from line 7. 1040 ez forms 2012 This is your includible compensation for your most recent year of service 11. 1040 ez forms 2012 70,475 1Use estimated amounts if figuring includible compensation before the end of the year. 1040 ez forms 2012 2Elective deferrals made to a designated Roth account are not excluded from your gross income and should not be included on this line. 1040 ez forms 2012  3$4,475 ($2,000 + $1,650 + $825). 1040 ez forms 2012 Prev  Up  Next   Home   More Online Publications