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1040 Ez 2013 Tax Form

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1040 Ez 2013 Tax Form

1040 ez 2013 tax form 4. 1040 ez 2013 tax form   Figuring Depreciation Under MACRS Table of Contents Introduction Useful Items - You may want to see: Which Depreciation System (GDS or ADS) Applies? Which Property Class Applies Under GDS?Rent-to-own dealer. 1040 ez 2013 tax form Rent-to-own contract. 1040 ez 2013 tax form What Is the Placed in Service Date? What Is the Basis for Depreciation? Which Recovery Period Applies?Recovery Periods Under GDS Recovery Periods Under ADS Additions and Improvements Which Convention Applies? Which Depreciation Method Applies?Depreciation Methods for Farm Property Electing a Different Method How Is the Depreciation Deduction Figured?Using the MACRS Percentage Tables Figuring the Deduction Without Using the Tables Figuring the Deduction for Property Acquired in a Nontaxable Exchange Figuring the Deduction for a Short Tax Year How Do You Use General Asset Accounts?Grouping Property Figuring Depreciation for a GAA Disposing of GAA Property Terminating GAA Treatment Electing To Use a GAA When Do You Recapture MACRS Depreciation? Introduction The Modified Accelerated Cost Recovery System (MACRS) is used to recover the basis of most business and investment property placed in service after 1986. 1040 ez 2013 tax form MACRS consists of two depreciation systems, the General Depreciation System (GDS) and the Alternative Depreciation System (ADS). 1040 ez 2013 tax form Generally, these systems provide different methods and recovery periods to use in figuring depreciation deductions. 1040 ez 2013 tax form To be sure you can use MACRS to figure depreciation for your property, see What Method Can You Use To Depreciate Your Property in chapter 1. 1040 ez 2013 tax form This chapter explains how to determine which MACRS depreciation system applies to your property. 1040 ez 2013 tax form It also discusses other information you need to know before you can figure depreciation under MACRS. 1040 ez 2013 tax form This information includes the property's recovery class, placed in service date, and basis, as well as the applicable recovery period, convention, and depreciation method. 1040 ez 2013 tax form It explains how to use this information to figure your depreciation deduction and how to use a general asset account to depreciate a group of properties. 1040 ez 2013 tax form Finally, it explains when and how to recapture MACRS depreciation. 1040 ez 2013 tax form Useful Items - You may want to see: Publication 225 Farmer's Tax Guide 463 Travel, Entertainment, Gift, and Car  Expenses 544 Sales and Other Dispositions of Assets 551 Basis of Assets 587 Business Use of Your Home (Including Use by Daycare Providers) Form (and Instructions) 2106 Employee Business Expenses 2106-EZ Unreimbursed Employee Business Expenses 4562 Depreciation and Amortization See chapter 6 for information about getting publications and forms. 1040 ez 2013 tax form Which Depreciation System (GDS or ADS) Applies? Your use of either the General Depreciation System (GDS) or the Alternative Depreciation System (ADS) to depreciate property under MACRS determines what depreciation method and recovery period you use. 1040 ez 2013 tax form You generally must use GDS unless you are specifically required by law to use ADS or you elect to use ADS. 1040 ez 2013 tax form If you placed your property in service in 2013, complete Part III of Form 4562 to report depreciation using MACRS. 1040 ez 2013 tax form Complete section B of Part III to report depreciation using GDS, and complete section C of Part III to report depreciation using ADS. 1040 ez 2013 tax form If you placed your property in service before 2013 and are required to file Form 4562, report depreciation using either GDS or ADS on line 17 in Part III. 1040 ez 2013 tax form Required use of ADS. 1040 ez 2013 tax form   You must use ADS for the following property. 1040 ez 2013 tax form Listed property used 50% or less in a qualified business use. 1040 ez 2013 tax form See chapter 5 for information on listed property. 1040 ez 2013 tax form Any tangible property used predominantly outside the United States during the year. 1040 ez 2013 tax form Any tax-exempt use property. 1040 ez 2013 tax form Any tax-exempt bond-financed property. 1040 ez 2013 tax form All property used predominantly in a farming business and placed in service in any tax year during which an election not to apply the uniform capitalization rules to certain farming costs is in effect. 1040 ez 2013 tax form Any property imported from a foreign country for which an Executive Order is in effect because the country maintains trade restrictions or engages in other discriminatory acts. 1040 ez 2013 tax form If you are required to use ADS to depreciate your property, you cannot claim any special depreciation allowance (discussed in chapter 3) for the property. 1040 ez 2013 tax form Electing ADS. 1040 ez 2013 tax form   Although your property may qualify for GDS, you can elect to use ADS. 1040 ez 2013 tax form The election generally must cover all property in the same property class that you placed in service during the year. 1040 ez 2013 tax form However, the election for residential rental property and nonresidential real property can be made on a property-by-property basis. 1040 ez 2013 tax form Once you make this election, you can never revoke it. 1040 ez 2013 tax form   You make the election by completing line 20 in Part III of Form 4562. 1040 ez 2013 tax form Which Property Class Applies Under GDS? The following is a list of the nine property classifications under GDS and examples of the types of property included in each class. 1040 ez 2013 tax form These property classes are also listed under column (a) in section B, Part III, of Form 4562. 1040 ez 2013 tax form For detailed information on property classes, see Appendix B, Table of Class Lives and Recovery Periods, in this publication. 1040 ez 2013 tax form 3-year property. 1040 ez 2013 tax form Tractor units for over-the-road use. 1040 ez 2013 tax form Any race horse over 2 years old when placed in service. 1040 ez 2013 tax form (All race horses placed in service after December 31, 2008, and before January 1, 2014, are deemed to be 3-year property, regardless of age. 1040 ez 2013 tax form ) Any other horse (other than a race horse) over 12 years old when placed in service. 1040 ez 2013 tax form Qualified rent-to-own property (defined later). 1040 ez 2013 tax form 5-year property. 1040 ez 2013 tax form Automobiles, taxis, buses, and trucks. 1040 ez 2013 tax form Computers and peripheral equipment. 1040 ez 2013 tax form Office machinery (such as typewriters, calculators, and copiers). 1040 ez 2013 tax form Any property used in research and experimentation. 1040 ez 2013 tax form Breeding cattle and dairy cattle. 1040 ez 2013 tax form Appliances, carpets, furniture, etc. 1040 ez 2013 tax form , used in a residential rental real estate activity. 1040 ez 2013 tax form Certain geothermal, solar, and wind energy property. 1040 ez 2013 tax form 7-year property. 1040 ez 2013 tax form Office furniture and fixtures (such as desks, files, and safes). 1040 ez 2013 tax form Agricultural machinery and equipment. 1040 ez 2013 tax form Any property that does not have a class life and has not been designated by law as being in any other class. 1040 ez 2013 tax form Certain motorsports entertainment complex property (defined later) placed in service before January 1, 2014. 1040 ez 2013 tax form Any natural gas gathering line placed in service after April 11, 2005. 1040 ez 2013 tax form See Natural gas gathering line and electric transmission property , later. 1040 ez 2013 tax form 10-year property. 1040 ez 2013 tax form Vessels, barges, tugs, and similar water transportation equipment. 1040 ez 2013 tax form Any single purpose agricultural or horticultural structure. 1040 ez 2013 tax form Any tree or vine bearing fruits or nuts. 1040 ez 2013 tax form Qualified small electric meter and qualified smart electric grid system (defined later) placed in service on or after October 3, 2008. 1040 ez 2013 tax form 15-year property. 1040 ez 2013 tax form Certain improvements made directly to land or added to it (such as shrubbery, fences, roads, sidewalks, and bridges). 1040 ez 2013 tax form Any retail motor fuels outlet (defined later), such as a convenience store. 1040 ez 2013 tax form Any municipal wastewater treatment plant. 1040 ez 2013 tax form Any qualified leasehold improvement property (defined later) placed in service before January 1, 2014. 1040 ez 2013 tax form Any qualified restaurant property (defined later) placed in service before January 1, 2014. 1040 ez 2013 tax form Initial clearing and grading land improvements for gas utility property. 1040 ez 2013 tax form Electric transmission property (that is section 1245 property) used in the transmission at 69 or more kilovolts of electricity placed in service after April 11, 2005. 1040 ez 2013 tax form See Natural gas gathering line and electric transmission property , later. 1040 ez 2013 tax form Any natural gas distribution line placed in service after April 11, 2005 and before January 1, 2011. 1040 ez 2013 tax form Any qualified retail improvement property placed in service before January 1, 2014. 1040 ez 2013 tax form 20-year property. 1040 ez 2013 tax form Farm buildings (other than single purpose agricultural or horticultural structures). 1040 ez 2013 tax form Municipal sewers not classified as 25-year property. 1040 ez 2013 tax form Initial clearing and grading land improvements for electric utility transmission and distribution plants. 1040 ez 2013 tax form 25-year property. 1040 ez 2013 tax form This class is water utility property, which is either of the following. 1040 ez 2013 tax form Property that is an integral part of the gathering, treatment, or commercial distribution of water, and that, without regard to this provision, would be 20-year property. 1040 ez 2013 tax form Municipal sewers other than property placed in service under a binding contract in effect at all times since June 9, 1996. 1040 ez 2013 tax form Residential rental property. 1040 ez 2013 tax form This is any building or structure, such as a rental home (including a mobile home), if 80% or more of its gross rental income for the tax year is from dwelling units. 1040 ez 2013 tax form A dwelling unit is a house or apartment used to provide living accommodations in a building or structure. 1040 ez 2013 tax form It does not include a unit in a hotel, motel, or other establishment where more than half the units are used on a transient basis. 1040 ez 2013 tax form If you occupy any part of the building or structure for personal use, its gross rental income includes the fair rental value of the part you occupy. 1040 ez 2013 tax form Nonresidential real property. 1040 ez 2013 tax form This is section 1250 property, such as an office building, store, or warehouse, that is neither residential rental property nor property with a class life of less than 27. 1040 ez 2013 tax form 5 years. 1040 ez 2013 tax form Qualified rent-to-own property. 1040 ez 2013 tax form   Qualified rent-to-own property is property held by a rent-to-own dealer for purposes of being subject to a rent-to-own contract. 1040 ez 2013 tax form It is tangible personal property generally used in the home for personal use. 1040 ez 2013 tax form It includes computers and peripheral equipment, televisions, videocassette recorders, stereos, camcorders, appliances, furniture, washing machines and dryers, refrigerators, and other similar consumer durable property. 1040 ez 2013 tax form Consumer durable property does not include real property, aircraft, boats, motor vehicles, or trailers. 1040 ez 2013 tax form   If some of the property you rent to others under a rent-to-own agreement is of a type that may be used by the renters for either personal or business purposes, you still can treat this property as qualified property as long as it does not represent a significant portion of your leasing property. 1040 ez 2013 tax form However, if this dual-use property does represent a significant portion of your leasing property, you must prove that this property is qualified rent-to-own property. 1040 ez 2013 tax form Rent-to-own dealer. 1040 ez 2013 tax form   You are a rent-to-own dealer if you meet all the following requirements. 1040 ez 2013 tax form You regularly enter into rent-to-own contracts (defined below) in the ordinary course of your business for the use of consumer property. 1040 ez 2013 tax form A substantial portion of these contracts end with the customer returning the property before making all the payments required to transfer ownership. 1040 ez 2013 tax form The property is tangible personal property of a type generally used within the home for personal use. 1040 ez 2013 tax form Rent-to-own contract. 1040 ez 2013 tax form   This is any lease for the use of consumer property between a rent-to-own dealer and a customer who is an individual which— Is titled “Rent-to-Own Agreement,” “Lease Agreement with Ownership Option,” or other similar language. 1040 ez 2013 tax form Provides a beginning date and a maximum period of time, not to exceed 156 weeks or 36 months from the beginning date, for which the contract can be in effect (including renewals or options to extend). 1040 ez 2013 tax form Provides for regular periodic (weekly or monthly) payments that can be either level or decreasing. 1040 ez 2013 tax form If the payments are decreasing, no payment can be less than 40% of the largest payment. 1040 ez 2013 tax form Provides for total payments that generally exceed the normal retail price of the property plus interest. 1040 ez 2013 tax form Provides for total payments that do not exceed $10,000 for each item of property. 1040 ez 2013 tax form Provides that the customer has no legal obligation to make all payments outlined in the contract and that, at the end of each weekly or monthly payment period, the customer can either continue to use the property by making the next payment or return the property in good working order with no further obligations and no entitlement to a return of any prior payments. 1040 ez 2013 tax form Provides that legal title to the property remains with the rent-to-own dealer until the customer makes either all the required payments or the early purchase payments required under the contract to acquire legal title. 1040 ez 2013 tax form Provides that the customer has no right to sell, sublease, mortgage, pawn, pledge, or otherwise dispose of the property until all contract payments have been made. 1040 ez 2013 tax form Motorsports entertainment complex. 1040 ez 2013 tax form   This is a racing track facility permanently situated on land that hosts one or more racing events for automobiles, trucks, or motorcycles during the 36-month period after the first day of the month in which the facility is placed in service. 1040 ez 2013 tax form The events must be open to the public for the price of admission. 1040 ez 2013 tax form Qualified smart electric grid system. 1040 ez 2013 tax form   A qualified smart electric grid system means any smart grid property used as part of a system for electric distribution grid communications, monitoring, and management placed in service after October 3, 2008, by a taxpayer who is a supplier of electrical energy or a provider of electrical energy services. 1040 ez 2013 tax form Smart grid property includes electronics and related equipment that is capable of: Sensing, collecting, and monitoring data of or from all portions of a utility's electric distribution grid, Providing real-time, two-way communications to monitor or to manage the grid, and Providing real-time analysis of an event prediction based on collected data that can be used to provide electric distribution system reliability, quality, and performance. 1040 ez 2013 tax form Retail motor fuels outlet. 1040 ez 2013 tax form   Real property is a retail motor fuels outlet if it is used to a substantial extent in the retail marketing of petroleum or petroleum products (whether or not it is also used to sell food or other convenience items) and meets any one of the following three tests. 1040 ez 2013 tax form It is not larger than 1,400 square feet. 1040 ez 2013 tax form 50% or more of the gross revenues generated from the property are derived from petroleum sales. 1040 ez 2013 tax form 50% or more of the floor space in the property is devoted to petroleum marketing sales. 1040 ez 2013 tax form A retail motor fuels outlet does not include any facility related to petroleum and natural gas trunk pipelines. 1040 ez 2013 tax form Qualified leasehold improvement property. 1040 ez 2013 tax form    Generally, this is any improvement to an interior part of a building (placed in service before January 1, 2014) that is nonresidential real property, provided all of the requirements discussed in chapter 3 under Qualified leasehold improvement property are met. 1040 ez 2013 tax form   In addition, an improvement made by the lessor does not qualify as qualified leasehold improvement property to any subsequent owner unless it is acquired from the original lessor by reason of the lessor's death or in any of the following types of transactions. 1040 ez 2013 tax form A transaction to which section 381(a) applies, A mere change in the form of conducting the trade or business so long as the property is retained in the trade or business as qualified leasehold improvement property and the taxpayer retains a substantial interest in the trade or business, A like-kind exchange, involuntary conversion, or reacquisition of real property to the extent that the basis in the property represents the carryover basis, or Certain nonrecognition transactions to the extent that your basis in the property is determined by reference to the transferor's or distributor's basis in the property. 1040 ez 2013 tax form Examples include the following. 1040 ez 2013 tax form A complete liquidation of a subsidiary. 1040 ez 2013 tax form A transfer to a corporation controlled by the transferor. 1040 ez 2013 tax form An exchange of property by a corporation solely for stock or securities in another corporation in a reorganization. 1040 ez 2013 tax form Qualified restaurant property. 1040 ez 2013 tax form   Qualified restaurant property is any section 1250 property that is a building placed in service after December 31, 2008, and before January 1, 2014. 1040 ez 2013 tax form Also, more than 50% of the building's square footage must be devoted to preparation of meals and seating for on-premises consumption of prepared meals. 1040 ez 2013 tax form Qualified smart electric meter. 1040 ez 2013 tax form   A qualified smart electric meter is any time-based meter and related communication equipment which is placed in service by a supplier of electric energy or a provider of electric energy services and which is capable of being used by you as part of a system that: Measures and records electricity usage data on a time-differentiated basis in at least 24 separate time segments per day; Provides for the exchange of information between the supplier or provider and the customer's smart electric meter in support of time-based rates or other forms of demand response; Provides data to the supplier or provider so that the supplier or provider can provide energy usage information to customers electronically, and Provides all commercial and residential customers of such supplier or provider with net metering. 1040 ez 2013 tax form Net metering means allowing a customer a credit, if any, as complies with applicable federal and state laws and regulations for providing electricity to the supplier or provider. 1040 ez 2013 tax form Natural gas gathering line and electric transmission property. 1040 ez 2013 tax form   Any natural gas gathering line placed in service after April 11, 2005, is treated as 7-year property, and electric transmission property (that is section 1245 property) used in the transmission at 69 or more kilovolts of electricity and any natural gas distribution line placed in service after April 11, 2005, are treated as 15-year property, if the following requirements are met. 1040 ez 2013 tax form The original use of the property must have begun with you after April 11, 2005. 1040 ez 2013 tax form Original use means the first use to which the property is put, whether or not by you. 1040 ez 2013 tax form Therefore, property used by any person before April 12, 2005, is not original use. 1040 ez 2013 tax form Original use includes additional capital expenditures you incurred to recondition or rebuild your property. 1040 ez 2013 tax form However, original use does not include the cost of reconditioned or rebuilt property you acquired. 1040 ez 2013 tax form Property containing used parts will not be treated as reconditioned or rebuilt if the cost of the used parts is not more than 20% of the total cost of the property. 1040 ez 2013 tax form The property must not be placed in service under a binding contract in effect before April 12, 2005. 1040 ez 2013 tax form The property must not be self-constructed property (property you manufacture, construct, or produce for your own use), if you began the manufacture, construction, or production of the property before April 12, 2005. 1040 ez 2013 tax form Property that is manufactured, constructed, or produced for your use by another person under a written binding contract entered into by you or a related party before the manufacture, construction, or production of the property is considered to be manufactured, constructed, or produced by you. 1040 ez 2013 tax form What Is the Placed in Service Date? You begin to claim depreciation when your property is placed in service for either use in a trade or business or the production of income. 1040 ez 2013 tax form The placed in service date for your property is the date the property is ready and available for a specific use. 1040 ez 2013 tax form It is therefore not necessarily the date it is first used. 1040 ez 2013 tax form If you converted property held for personal use to use in a trade or business or for the production of income, treat the property as being placed in service on the conversion date. 1040 ez 2013 tax form See Placed in Service under When Does Depreciation Begin and End in chapter 1 for examples illustrating when property is placed in service. 1040 ez 2013 tax form What Is the Basis for Depreciation? The basis for depreciation of MACRS property is the property's cost or other basis multiplied by the percentage of business/investment use. 1040 ez 2013 tax form For a discussion of business/investment use, see Partial business or investment use under Property Used in Your Business or Income-Producing Activity in chapter 1 . 1040 ez 2013 tax form Reduce that amount by any credits and deductions allocable to the property. 1040 ez 2013 tax form The following are examples of some credits and deductions that reduce basis. 1040 ez 2013 tax form Any deduction for section 179 property. 1040 ez 2013 tax form Any deduction under section 179B of the Internal Revenue Code for capital costs to comply with Environmental Protection Agency sulfur regulations. 1040 ez 2013 tax form Any deduction under section 179C of the Internal Revenue Code for certain qualified refinery property placed in service after August 8, 2005, and before January 1, 2014. 1040 ez 2013 tax form Any deduction under section 179D of the Internal Revenue Code for certain energy efficient commercial building property placed in service after December 31, 2005, and before January 1, 2014. 1040 ez 2013 tax form Any deduction under section 179E of the Internal Revenue Code for qualified advanced mine safety equipment property placed in service after December 20, 2006, and before January 1, 2014 . 1040 ez 2013 tax form Any deduction for removal of barriers to the disabled and the elderly. 1040 ez 2013 tax form Any disabled access credit, enhanced oil recovery credit, and credit for employer-provided childcare facilities and services. 1040 ez 2013 tax form Any special depreciation allowance. 1040 ez 2013 tax form Basis adjustment for investment credit property under section 50(c) of the Internal Revenue Code. 1040 ez 2013 tax form For additional credits and deductions that affect basis, see section 1016 of the Internal Revenue Code. 1040 ez 2013 tax form Enter the basis for depreciation under column (c) in Part III of Form 4562. 1040 ez 2013 tax form For information about how to determine the cost or other basis of property, see What Is the Basis of Your Depreciable Property in chapter 1 . 1040 ez 2013 tax form Which Recovery Period Applies? The recovery period of property is the number of years over which you recover its cost or other basis. 1040 ez 2013 tax form It is determined based on the depreciation system (GDS or ADS) used. 1040 ez 2013 tax form Recovery Periods Under GDS Under GDS, property that is not qualified Indian reservation property is depreciated over one of the following recovery periods. 1040 ez 2013 tax form Property Class Recovery Period 3-year property   3 years 1   5-year property   5 years     7-year property   7 years     10-year property   10 years     15-year property   15 years 2   20-year property   20 years     25-year property   25 years 3   Residential rental property   27. 1040 ez 2013 tax form 5 years     Nonresidential real property   39 years 4   15 years for qualified rent-to-own property placed in service before August 6, 1997. 1040 ez 2013 tax form 239 years for property that is a retail motor fuels outlet placed in service before August 20, 1996 (31. 1040 ez 2013 tax form 5 years if placed in service before May 13, 1993), unless you elected to depreciate it over 15 years. 1040 ez 2013 tax form 320 years for property placed in service before June 13, 1996, or under a binding contract in effect before June 10, 1996. 1040 ez 2013 tax form 431. 1040 ez 2013 tax form 5 years for property placed in service before May 13, 1993 (or before January 1, 1994, if the purchase or construction of the property is under a binding contract in effect before May 13, 1993, or if construction began before May 13, 1993). 1040 ez 2013 tax form The GDS recovery periods for property not listed above can be found in Appendix B, Table of Class Lives and Recovery Periods. 1040 ez 2013 tax form Residential rental property and nonresidential real property are defined earlier under Which Depreciation System (GDS or ADS) Applies. 1040 ez 2013 tax form Enter the appropriate recovery period on Form 4562 under column (d) in section B of Part III, unless already shown (for 25-year property, residential rental property, and nonresidential real property). 1040 ez 2013 tax form Office in the home. 1040 ez 2013 tax form   If your home is a personal-use single family residence and you begin to use part of your home as an office, depreciate that part of your home as nonresidential real property over 39 years (31. 1040 ez 2013 tax form 5 years if you began using it for business before May 13, 1993). 1040 ez 2013 tax form However, if your home is an apartment in an apartment building that you own and the building is residential rental property as defined earlier under Which Depreciation System (GDS or ADS) Applies , depreciate the part used as an office as residential rental property over 27. 1040 ez 2013 tax form 5 years. 1040 ez 2013 tax form See Publication 587 for a discussion of the tests you must meet to claim expenses, including depreciation, for the business use of your home. 1040 ez 2013 tax form Home changed to rental use. 1040 ez 2013 tax form   If you begin to rent a home that was your personal home before 1987, you depreciate it as residential rental property over 27. 1040 ez 2013 tax form 5 years. 1040 ez 2013 tax form Indian Reservation Property The recovery periods for qualified property you placed in service on an Indian reservation after 1993 and before 2014 are shorter than those listed earlier. 1040 ez 2013 tax form The following table shows these shorter recovery periods. 1040 ez 2013 tax form Property Class Recovery  Period 3-year property 2 years 5-year property 3 years 7-year property 4 years 10-year property 6 years 15-year property 9 years 20-year property 12 years Nonresidential real property 22 years Nonresidential real property is defined earlier under Which Property Class Applies Under GDS . 1040 ez 2013 tax form Use this chart to find the correct percentage table to use for qualified Indian reservation property. 1040 ez 2013 tax form IF your recovery period is: THEN use the following table in Appendix A: 2 years A-21 3 years A-1, A-2, A-3, A-4, or A-5 4 years A-22 6 years A-23 9 years A-14, A-15, A-16, A-17, or A-18 12 years A-14, A-15, A-16, A-17, or A-18 22 years A-24 Qualified property. 1040 ez 2013 tax form   Property eligible for the shorter recovery periods are 3-, 5-, 7-, 10-, 15-, and 20-year property and nonresidential real property. 1040 ez 2013 tax form You must use this property predominantly in the active conduct of a trade or business within an Indian reservation. 1040 ez 2013 tax form The rental of real property that is located on an Indian reservation is treated as the active conduct of a trade or business within an Indian reservation. 1040 ez 2013 tax form   The following property is not qualified property. 1040 ez 2013 tax form Property used or located outside an Indian reservation on a regular basis, other than qualified infrastructure property. 1040 ez 2013 tax form Property acquired directly or indirectly from a related person. 1040 ez 2013 tax form Property placed in service for purposes of conducting or housing class I, II, or III gaming activities. 1040 ez 2013 tax form These activities are defined in section 4 of the Indian Regulatory Act (25 U. 1040 ez 2013 tax form S. 1040 ez 2013 tax form C. 1040 ez 2013 tax form 2703). 1040 ez 2013 tax form Any property you must depreciate under ADS. 1040 ez 2013 tax form Determine whether property is qualified without regard to the election to use ADS and after applying the special rules for listed property not used predominantly for qualified business use (discussed in chapter 5). 1040 ez 2013 tax form Qualified infrastructure property. 1040 ez 2013 tax form   Item (1) above does not apply to qualified infrastructure property located outside the reservation that is used to connect with qualified infrastructure property within the reservation. 1040 ez 2013 tax form Qualified infrastructure property is property that meets all the following rules. 1040 ez 2013 tax form It is qualified property, as defined earlier, except that it is outside the reservation. 1040 ez 2013 tax form It benefits the tribal infrastructure. 1040 ez 2013 tax form It is available to the general public. 1040 ez 2013 tax form It is placed in service in connection with the active conduct of a trade or business within a reservation. 1040 ez 2013 tax form Infrastructure property includes, but is not limited to, roads, power lines, water systems, railroad spurs, and communications facilities. 1040 ez 2013 tax form Related person. 1040 ez 2013 tax form   For purposes of item (2) above, see Related persons in the discussion on property owned or used in 1986 under What Method Can You Use To Depreciate Your Property in chapter 1 for a description of related persons. 1040 ez 2013 tax form Indian reservation. 1040 ez 2013 tax form   The term Indian reservation means a reservation as defined in section 3(d) of the Indian Financing Act of 1974 (25 U. 1040 ez 2013 tax form S. 1040 ez 2013 tax form C. 1040 ez 2013 tax form 1452(d)) or section 4(10) of the Indian Child Welfare Act of 1978 (25 U. 1040 ez 2013 tax form S. 1040 ez 2013 tax form C. 1040 ez 2013 tax form 1903(10)). 1040 ez 2013 tax form Section 3(d) of the Indian Financing Act of 1974 defines reservation to include former Indian reservations in Oklahoma. 1040 ez 2013 tax form For a definition of the term “former Indian reservations in Oklahoma,” see Notice 98-45 in Internal Revenue Bulletin 1998-35. 1040 ez 2013 tax form Recovery Periods Under ADS The recovery periods for most property generally are longer under ADS than they are under GDS. 1040 ez 2013 tax form The following table shows some of the ADS recovery periods. 1040 ez 2013 tax form Property Recovery  Period Rent-to-own property 4 years Automobiles and light duty trucks 5 years Computers and peripheral equipment 5 years High technology telephone station equipment installed on customer premises 5 years High technology medical equipment 5 years Personal property with no class life 12 years Natural gas gathering lines 14 years Single purpose agricultural and horticultural structures 15 years Any tree or vine bearing fruit or nuts 20 years Initial clearing and grading land  improvements for gas utility property 20 years Initial clearing and grading land  improvements for electric utility  transmission and distribution plants 25 years Electric transmission property used in the transmission at 69 or more kilovolts of electricity 30 years Natural gas distribution lines 35 years Any qualified leasehold improvement property 39 years Any qualified restaurant property 39 years Nonresidential real property 40 years Residential rental property 40 years Section 1245 real property not listed in Appendix B 40 years Railroad grading and tunnel bore 50 years The ADS recovery periods for property not listed above can be found in the tables in Appendix B. 1040 ez 2013 tax form Rent-to-own property, qualified leasehold improvement property, qualified restaurant property, residential rental property, and nonresidential real property are defined earlier under Which Property Class Applies Under GDS . 1040 ez 2013 tax form Tax-exempt use property subject to a lease. 1040 ez 2013 tax form   The ADS recovery period for any property leased under a lease agreement to a tax-exempt organization, governmental unit, or foreign person or entity (other than a partnership) cannot be less than 125% of the lease term. 1040 ez 2013 tax form Additions and Improvements An addition or improvement you make to depreciable property is treated as separate depreciable property. 1040 ez 2013 tax form See How Do You Treat Repairs and Improvements in chapter 1 for a definition of improvements. 1040 ez 2013 tax form Its property class and recovery period are the same as those that would apply to the original property if you had placed it in service at the same time you placed the addition or improvement in service. 1040 ez 2013 tax form The recovery period begins on the later of the following dates. 1040 ez 2013 tax form The date you place the addition or improvement in service. 1040 ez 2013 tax form The date you place in service the property to which you made the addition or improvement. 1040 ez 2013 tax form If the improvement you make is qualified leasehold improvement property, qualified restaurant property, or qualified retail improvement property, the GDS recovery period is 15 years (39 years under ADS). 1040 ez 2013 tax form Example. 1040 ez 2013 tax form You own a rental home that you have been renting out since 1981. 1040 ez 2013 tax form If you put an addition on the home and place the addition in service this year, you would use MACRS to figure your depreciation deduction for the addition. 1040 ez 2013 tax form Under GDS, the property class for the addition is residential rental property and its recovery period is 27. 1040 ez 2013 tax form 5 years because the home to which the addition is made would be residential rental property if you had placed it in service this year. 1040 ez 2013 tax form Which Convention Applies? Under MACRS, averaging conventions establish when the recovery period begins and ends. 1040 ez 2013 tax form The convention you use determines the number of months for which you can claim depreciation in the year you place property in service and in the year you dispose of the property. 1040 ez 2013 tax form The mid-month convention. 1040 ez 2013 tax form   Use this convention for nonresidential real property, residential rental property, and any railroad grading or tunnel bore. 1040 ez 2013 tax form   Under this convention, you treat all property placed in service or disposed of during a month as placed in service or disposed of at the midpoint of the month. 1040 ez 2013 tax form This means that a one-half month of depreciation is allowed for the month the property is placed in service or disposed of. 1040 ez 2013 tax form   Your use of the mid-month convention is indicated by the “MM” already shown under column (e) in Part III of Form 4562. 1040 ez 2013 tax form The mid-quarter convention. 1040 ez 2013 tax form   Use this convention if the mid-month convention does not apply and the total depreciable bases of MACRS property you placed in service during the last 3 months of the tax year (excluding nonresidential real property, residential rental property, any railroad grading or tunnel bore, property placed in service and disposed of in the same year, and property that is being depreciated under a method other than MACRS) are more than 40% of the total depreciable bases of all MACRS property you placed in service during the entire year. 1040 ez 2013 tax form   Under this convention, you treat all property placed in service or disposed of during any quarter of the tax year as placed in service or disposed of at the midpoint of that quarter. 1040 ez 2013 tax form This means that 1½ months of depreciation is allowed for the quarter the property is placed in service or disposed of. 1040 ez 2013 tax form   If you use this convention, enter “MQ” under column (e) in Part III of Form 4562. 1040 ez 2013 tax form    For purposes of determining whether the mid-quarter convention applies, the depreciable basis of property you placed in service during the tax year reflects the reduction in basis for amounts expensed under section 179 and the part of the basis of property attributable to personal use. 1040 ez 2013 tax form However, it does not reflect any reduction in basis for any special depreciation allowance. 1040 ez 2013 tax form The half-year convention. 1040 ez 2013 tax form   Use this convention if neither the mid-quarter convention nor the mid-month convention applies. 1040 ez 2013 tax form   Under this convention, you treat all property placed in service or disposed of during a tax year as placed in service or disposed of at the midpoint of the year. 1040 ez 2013 tax form This means that a one-half year of depreciation is allowed for the year the property is placed in service or disposed of. 1040 ez 2013 tax form   If you use this convention, enter “HY” under column (e) in Part III of Form 4562. 1040 ez 2013 tax form Which Depreciation Method Applies? MACRS provides three depreciation methods under GDS and one depreciation method under ADS. 1040 ez 2013 tax form The 200% declining balance method over a GDS recovery period. 1040 ez 2013 tax form The 150% declining balance method over a GDS recovery period. 1040 ez 2013 tax form The straight line method over a GDS recovery period. 1040 ez 2013 tax form The straight line method over an ADS recovery period. 1040 ez 2013 tax form For property placed in service before 1999, you could have elected the 150% declining balance method using the ADS recovery periods for certain property classes. 1040 ez 2013 tax form If you made this election, continue to use the same method and recovery period for that property. 1040 ez 2013 tax form Table 4–1 lists the types of property you can depreciate under each method. 1040 ez 2013 tax form It also gives a brief explanation of the method, including any benefits that may apply. 1040 ez 2013 tax form Depreciation Methods for Farm Property If you place personal property in service in a farming business after 1988, you generally must depreciate it under GDS using the 150% declining balance method unless you are a farmer who must depreciate the property under ADS using the straight line method or you elect to depreciate the property under GDS or ADS using the straight line method. 1040 ez 2013 tax form You can depreciate real property using the straight line method under either GDS or ADS. 1040 ez 2013 tax form Fruit or nut trees and vines. 1040 ez 2013 tax form   Depreciate trees and vines bearing fruit or nuts under GDS using the straight line method over a recovery period of 10 years. 1040 ez 2013 tax form ADS required for some farmers. 1040 ez 2013 tax form   If you elect not to apply the uniform capitalization rules to any plant produced in your farming business, you must use ADS. 1040 ez 2013 tax form You must use ADS for all property you place in service in any year the election is in effect. 1040 ez 2013 tax form See the regulations under section 263A of the Internal Revenue Code for information on the uniform capitalization rules that apply to farm property. 1040 ez 2013 tax form Electing a Different Method As shown in Table 4–1 , you can elect a different method for depreciation for certain types of property. 1040 ez 2013 tax form You must make the election by the due date of the return (including extensions) for the year you placed the property in service. 1040 ez 2013 tax form However, if you timely filed your return for the year without making the election, you still can make the election by filing an amended return within 6 months of the due date of the return (excluding extensions). 1040 ez 2013 tax form Attach the election to the amended return and write “Filed pursuant to section 301. 1040 ez 2013 tax form 9100-2” on the election statement. 1040 ez 2013 tax form File the amended return at the same address you filed the original return. 1040 ez 2013 tax form Once you make the election, you cannot change it. 1040 ez 2013 tax form If you elect to use a different method for one item in a property class, you must apply the same method to all property in that class placed in service during the year of the election. 1040 ez 2013 tax form However, you can make the election on a property-by-property basis for nonresidential real and residential rental property. 1040 ez 2013 tax form 150% election. 1040 ez 2013 tax form   Instead of using the 200% declining balance method over the GDS recovery period for nonfarm property in the 3-, 5-, 7-, and 10-year property classes, you can elect to use the 150% declining balance method. 1040 ez 2013 tax form Make the election by entering “150 DB” under column (f) in Part III of Form 4562. 1040 ez 2013 tax form Straight line election. 1040 ez 2013 tax form   Instead of using either the 200% or 150% declining balance methods over the GDS recovery period, you can elect to use the straight line method over the GDS recovery period. 1040 ez 2013 tax form Make the election by entering  “S/L” under column (f) in Part III of Form 4562. 1040 ez 2013 tax form Election of ADS. 1040 ez 2013 tax form   As explained earlier under Which Depreciation System (GDS or ADS) Applies , you can elect to use ADS even though your property may come under GDS. 1040 ez 2013 tax form ADS uses the straight line method of depreciation over fixed ADS recovery periods. 1040 ez 2013 tax form Most ADS recovery periods are listed in Appendix B, or see the table under Recovery Periods Under ADS , earlier. 1040 ez 2013 tax form   Make the election by completing line 20 in Part III of Form 4562. 1040 ez 2013 tax form Farm property. 1040 ez 2013 tax form   Instead of using the 150% declining balance method over a GDS recovery period for property you use in a farming business (other than real property), you can elect to depreciate it using either of the following methods. 1040 ez 2013 tax form The straight line method over a GDS recovery period. 1040 ez 2013 tax form The straight line method over an ADS recovery period. 1040 ez 2013 tax form Table 4-1. 1040 ez 2013 tax form Depreciation Methods Note. 1040 ez 2013 tax form The declining balance method is abbreviated as DB and the straight line method is abbreviated as SL. 1040 ez 2013 tax form Method Type of Property Benefit GDS using 200% DB • Nonfarm 3-, 5-, 7-, and 10-year property • Provides a greater deduction during the earlier recovery years • Changes to SL when that method provides an equal or greater deduction GDS using 150% DB • All farm property (except real property) • All 15- and 20-year property (except qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property placed in service before January 1, 2014) • Nonfarm 3-, 5-, 7-, and 10-year property • Provides a greater deduction during the earlier recovery years • Changes to SL when that method provides an equal or greater deduction1 GDS using SL • Nonresidential real property • Qualified leasehold improvement property placed in service before January 1, 2014 • Qualified restaurant property placed in service before January 1, 2014 • Qualified retail improvement property placed in service before January 1, 2014 • Residential rental property • Trees or vines bearing fruit or nuts • Water utility property • All 3-, 5-, 7-, 10-, 15-, and 20-year property2 • Property for which you elected section 168(k)(4) • Provides for equal yearly deductions (except for the first and last years) ADS using SL • Listed property used 50% or less for business • Property used predominantly outside the U. 1040 ez 2013 tax form S. 1040 ez 2013 tax form  • Tax-exempt property • Tax-exempt bond-financed property • Farm property used when an election not to apply the uniform capitalization rules is in effect • Imported property3 • Any property for which you elect to use this method4 • Provides for equal yearly deductions (except for the first and last years) 1The MACRS percentage tables in Appendix A have the switch to the straight line method built into their rates 2See section 168(b)(5) of the Internal Revenue Code. 1040 ez 2013 tax form 3See section 168(g)(6) of the Internal Revenue Code 4See section 168(g)(7) of the Internal Revenue Code How Is the Depreciation Deduction Figured? To figure your depreciation deduction under MACRS, you first determine the depreciation system, property class, placed in service date, basis amount, recovery period, convention, and depreciation method that applies to your property. 1040 ez 2013 tax form Then, you are ready to figure your depreciation deduction. 1040 ez 2013 tax form You can figure it using a percentage table provided by the IRS, or you can figure it yourself without using the table. 1040 ez 2013 tax form Using the MACRS Percentage Tables To help you figure your deduction under MACRS, the IRS has established percentage tables that incorporate the applicable convention and depreciation method. 1040 ez 2013 tax form These percentage tables are in Appendix A near the end of this publication. 1040 ez 2013 tax form Which table to use. 1040 ez 2013 tax form    Appendix A contains the MACRS Percentage Table Guide, which is designed to help you locate the correct percentage table to use for depreciating your property. 1040 ez 2013 tax form The percentage tables immediately follow the guide. 1040 ez 2013 tax form Rules Covering the Use of the Tables The following rules cover the use of the percentage tables. 1040 ez 2013 tax form You must apply the rates in the percentage tables to your property's unadjusted basis. 1040 ez 2013 tax form You cannot use the percentage tables for a short tax year. 1040 ez 2013 tax form See Figuring the Deduction for a Short Tax Year, later, for information on the short tax year rules. 1040 ez 2013 tax form Once you start using the percentage tables for any item of property, you generally must continue to use them for the entire recovery period of the property. 1040 ez 2013 tax form You must stop using the tables if you adjust the basis of the property for any reason other than— Depreciation allowed or allowable, or An addition or improvement to that property that is depreciated as a separate item of property. 1040 ez 2013 tax form Basis adjustments other than those made due to the items listed in (4) include an increase in basis for the recapture of a clean-fuel deduction or credit and a reduction in basis for a casualty loss. 1040 ez 2013 tax form Basis adjustment due to recapture of clean-fuel vehicle deduction or credit. 1040 ez 2013 tax form   If you increase the basis of your property because of the recapture of part or all of a deduction for clean-fuel vehicles or the credit for clean-fuel vehicle refueling property placed in service before January 1, 2006, you cannot continue to use the percentage tables. 1040 ez 2013 tax form For the year of the adjustment and the remaining recovery period, you must figure the depreciation deduction yourself using the property's adjusted basis at the end of the year. 1040 ez 2013 tax form See Figuring the Deduction Without Using the Tables, later. 1040 ez 2013 tax form Basis adjustment due to casualty loss. 1040 ez 2013 tax form   If you reduce the basis of your property because of a casualty, you cannot continue to use the percentage tables. 1040 ez 2013 tax form For the year of the adjustment and the remaining recovery period, you must figure the depreciation yourself using the property's adjusted basis at the end of the year. 1040 ez 2013 tax form See Figuring the Deduction Without Using the Tables, later. 1040 ez 2013 tax form Example. 1040 ez 2013 tax form On October 26, 2012, Sandra Elm, a calendar year taxpayer, bought and placed in service in her business a new item of 7-year property. 1040 ez 2013 tax form It cost $39,000 and she elected a section 179 deduction of $24,000. 1040 ez 2013 tax form She also took a special depreciation allowance of $7,500 [50% of $15,000 ($39,000 − $24,000)]. 1040 ez 2013 tax form Her unadjusted basis after the section 179 deduction and special depreciation allowance was $7,500 ($15,000 − $7,500). 1040 ez 2013 tax form She figured her MACRS depreciation deduction using the percentage tables. 1040 ez 2013 tax form For 2012, her MACRS depreciation deduction was $268. 1040 ez 2013 tax form In July 2013, the property was vandalized and Sandra had a deductible casualty loss of $3,000. 1040 ez 2013 tax form She must adjust the property's basis for the casualty loss, so she can no longer use the percentage tables. 1040 ez 2013 tax form Her adjusted basis at the end of 2013, before figuring her 2013 depreciation, is $4,232. 1040 ez 2013 tax form She figures that amount by subtracting the 2012 MACRS depreciation of $268 and the casualty loss of $3,000 from the unadjusted basis of $7,500. 1040 ez 2013 tax form She must now figure her depreciation for 2013 without using the percentage tables. 1040 ez 2013 tax form Figuring the Unadjusted Basis of Your Property You must apply the table rates to your property's unadjusted basis each year of the recovery period. 1040 ez 2013 tax form Unadjusted basis is the same basis amount you would use to figure gain on a sale, but you figure it without reducing your original basis by any MACRS depreciation taken in earlier years. 1040 ez 2013 tax form However, you do reduce your original basis by other amounts, including the following. 1040 ez 2013 tax form Any amortization taken on the property. 1040 ez 2013 tax form Any section 179 deduction claimed. 1040 ez 2013 tax form Any special depreciation allowance taken on the property. 1040 ez 2013 tax form For business property you purchase during the year, the unadjusted basis is its cost minus these and other applicable adjustments. 1040 ez 2013 tax form If you trade property, your unadjusted basis in the property received is the cash paid plus the adjusted basis of the property traded minus these adjustments. 1040 ez 2013 tax form MACRS Worksheet You can use this worksheet to help you figure your depreciation deduction using the percentage tables. 1040 ez 2013 tax form Use a separate worksheet for each item of property. 1040 ez 2013 tax form Then, use the information from this worksheet to prepare Form 4562. 1040 ez 2013 tax form Do not use this worksheet for automobiles. 1040 ez 2013 tax form Use the Depreciation Worksheet for Passenger Automobiles in chapter 5. 1040 ez 2013 tax form MACRS Worksheet Part I   1. 1040 ez 2013 tax form MACRS system (GDS or ADS)   2. 1040 ez 2013 tax form Property class   3. 1040 ez 2013 tax form Date placed in service   4. 1040 ez 2013 tax form Recovery period   5. 1040 ez 2013 tax form Method and convention   6. 1040 ez 2013 tax form Depreciation rate (from tables)   Part II   7. 1040 ez 2013 tax form Cost or other basis* $     8. 1040 ez 2013 tax form Business/investment use   %   9. 1040 ez 2013 tax form Multiply line 7 by line 8   $ 10. 1040 ez 2013 tax form Total claimed for section 179 deduction and other items   $ 11. 1040 ez 2013 tax form Subtract line 10 from line 9. 1040 ez 2013 tax form This is your tentative basis for depreciation   $ 12. 1040 ez 2013 tax form Multiply line 11 by . 1040 ez 2013 tax form 50 if the 50% special depreciation allowance applies. 1040 ez 2013 tax form This is your special depreciation allowance. 1040 ez 2013 tax form Enter -0- if this is not the year you placed the property in service, the property is not qualified property, or you elected not to claim a special allowance   $ 13. 1040 ez 2013 tax form Subtract line 12 from line 11. 1040 ez 2013 tax form This is your basis for depreciation     14. 1040 ez 2013 tax form Depreciation rate (from line 6)     15. 1040 ez 2013 tax form Multiply line 13 by line 14. 1040 ez 2013 tax form This is your MACRS depreciation deduction   $ *If real estate, do not include cost (basis) of land. 1040 ez 2013 tax form The following example shows how to figure your MACRS depreciation deduction using the percentage tables and the MACRS worksheet. 1040 ez 2013 tax form Example. 1040 ez 2013 tax form You bought office furniture (7-year property) for $10,000 and placed it in service on August 11, 2013. 1040 ez 2013 tax form You use the furniture only for business. 1040 ez 2013 tax form This is the only property you placed in service this year. 1040 ez 2013 tax form You did not elect a section 179 deduction and the property is not qualified property for purposes of claiming a special depreciation allowance so your property's unadjusted basis is its cost, $10,000. 1040 ez 2013 tax form You use GDS and the half-year convention to figure your depreciation. 1040 ez 2013 tax form You refer to the MACRS Percentage Table Guide in Appendix A and find that you should use Table A-1. 1040 ez 2013 tax form Multiply your property's unadjusted basis each year by the percentage for 7-year property given in Table A-1. 1040 ez 2013 tax form You figure your depreciation deduction using the MACRS worksheet as follows. 1040 ez 2013 tax form MACRS Worksheet Part I 1. 1040 ez 2013 tax form MACRS system (GDS or ADS) GDS 2. 1040 ez 2013 tax form Property class 7-year 3. 1040 ez 2013 tax form Date placed in service 8/11/13 4. 1040 ez 2013 tax form Recovery period 7-Year 5. 1040 ez 2013 tax form Method and convention 200%DB/Half-Year 6. 1040 ez 2013 tax form Depreciation rate (from tables) . 1040 ez 2013 tax form 1429 Part II 7. 1040 ez 2013 tax form Cost or other basis* $10,000     8. 1040 ez 2013 tax form Business/investment use 100 %   9. 1040 ez 2013 tax form Multiply line 7 by line 8   $10,000 10. 1040 ez 2013 tax form Total claimed for section 179 deduction and other items   -0- 11. 1040 ez 2013 tax form Subtract line 10 from line 9. 1040 ez 2013 tax form This is your tentative basis for depreciation   $10,000 12. 1040 ez 2013 tax form Multiply line 11 by . 1040 ez 2013 tax form 50 if the 50% special depreciation allowance applies. 1040 ez 2013 tax form This is your special depreciation allowance. 1040 ez 2013 tax form Enter -0- if this is not the year you placed the property in service, the property is not qualified property, or you elected not to claim a special allowance   -0- 13. 1040 ez 2013 tax form Subtract line 12 from line 11. 1040 ez 2013 tax form This is your basis for depreciation   $10,000 14. 1040 ez 2013 tax form Depreciation rate (from line 6)   . 1040 ez 2013 tax form 1429 15. 1040 ez 2013 tax form Multiply line 13 by line 14. 1040 ez 2013 tax form This is your MACRS depreciation deduction   $1,429 *If real estate, do not include cost (basis) of land. 1040 ez 2013 tax form If there are no adjustments to the basis of the property other than depreciation, your depreciation deduction for each subsequent year of the recovery period will be as follows. 1040 ez 2013 tax form Year   Basis Percentage Deduction 2014 $ 10,000 24. 1040 ez 2013 tax form 49%   $2,449   2015   10,000 17. 1040 ez 2013 tax form 49   1,749   2016   10,000 12. 1040 ez 2013 tax form 49   1,249   2017   10,000 8. 1040 ez 2013 tax form 93   893   2018   10,000 8. 1040 ez 2013 tax form 92   892   2019   10,000 8. 1040 ez 2013 tax form 93   893   2020   10,000 4. 1040 ez 2013 tax form 46   446   Examples The following examples are provided to show you how to use the percentage tables. 1040 ez 2013 tax form In both examples, assume the following. 1040 ez 2013 tax form You use the property only for business. 1040 ez 2013 tax form You use the calendar year as your tax year. 1040 ez 2013 tax form You use GDS for all the properties. 1040 ez 2013 tax form Example 1. 1040 ez 2013 tax form You bought a building and land for $120,000 and placed it in service on March 8. 1040 ez 2013 tax form The sales contract showed that the building cost $100,000 and the land cost $20,000. 1040 ez 2013 tax form It is nonresidential real property. 1040 ez 2013 tax form The building's unadjusted basis is its original cost, $100,000. 1040 ez 2013 tax form You refer to the MACRS Percentage Table Guide in Appendix A and find that you should use Table A-7a. 1040 ez 2013 tax form March is the third month of your tax year, so multiply the building's unadjusted basis, $100,000, by the percentages for the third month in Table A-7a. 1040 ez 2013 tax form Your depreciation deduction for each of the first 3 years is as follows: Year   Basis Percentage Deduction 1st $ 100,000 2. 1040 ez 2013 tax form 033%   $2,033   2nd   100,000 2. 1040 ez 2013 tax form 564   2,564   3rd   100,000 2. 1040 ez 2013 tax form 564   2,564   Example 2. 1040 ez 2013 tax form During the year, you bought a machine (7-year property) for $4,000, office furniture (7-year property) for $1,000, and a computer (5-year property) for $5,000. 1040 ez 2013 tax form You placed the machine in service in January, the furniture in September, and the computer in October. 1040 ez 2013 tax form You do not elect a section 179 deduction and none of these items is qualified property for purposes of claiming a special depreciation allowance. 1040 ez 2013 tax form You placed property in service during the last 3 months of the year, so you must first determine if you have to use the mid-quarter convention. 1040 ez 2013 tax form The total bases of all property you placed in service during the year is $10,000. 1040 ez 2013 tax form The $5,000 basis of the computer, which you placed in service during the last 3 months (the fourth quarter) of your tax year, is more than 40% of the total bases of all property ($10,000) you placed in service during the year. 1040 ez 2013 tax form Therefore, you must use the mid-quarter convention for all three items. 1040 ez 2013 tax form You refer to the MACRS Percentage Table Guide in Appendix A to determine which table you should use under the mid-quarter convention. 1040 ez 2013 tax form The machine is 7-year property placed in service in the first quarter, so you use Table A-2. 1040 ez 2013 tax form The furniture is 7-year property placed in service in the third quarter, so you use Table A-4. 1040 ez 2013 tax form Finally, because the computer is 5-year property placed in service in the fourth quarter, you use Table A-6. 1040 ez 2013 tax form Knowing what table to use for each property, you figure the depreciation for the first 2 years as follows. 1040 ez 2013 tax form Year Property Basis Percentage Deduction 1st Machine $4,000 25. 1040 ez 2013 tax form 00 $1,000   2nd Machine 4,000 21. 1040 ez 2013 tax form 43 857   1st Furniture 1,000 10. 1040 ez 2013 tax form 71 107   2nd Furniture 1,000 25. 1040 ez 2013 tax form 51 255   1st Computer 5,000 5. 1040 ez 2013 tax form 00 250   2nd Computer 5,000 38. 1040 ez 2013 tax form 00 1,900   Sale or Other Disposition Before the Recovery Period Ends If you sell or otherwise dispose of your property before the end of its recovery period, your depreciation deduction for the year of the disposition will be only part of the depreciation amount for the full year. 1040 ez 2013 tax form You have disposed of your property if you have permanently withdrawn it from use in your business or income-producing activity because of its sale, exchange, retirement, abandonment, involuntary conversion, or destruction. 1040 ez 2013 tax form After you figure the full-year depreciation amount, figure the deductible part using the convention that applies to the property. 1040 ez 2013 tax form Half-year convention used. 1040 ez 2013 tax form   For property for which you used a half-year convention, the depreciation deduction for the year of the disposition is half the depreciation determined for the full year. 1040 ez 2013 tax form Mid-quarter convention used. 1040 ez 2013 tax form   For property for which you used the mid-quarter convention, figure your depreciation deduction for the year of the disposition by multiplying a full year of depreciation by the percentage listed below for the quarter in which you disposed of the property. 1040 ez 2013 tax form Quarter Percentage First 12. 1040 ez 2013 tax form 5% Second 37. 1040 ez 2013 tax form 5 Third 62. 1040 ez 2013 tax form 5 Fourth 87. 1040 ez 2013 tax form 5 Example. 1040 ez 2013 tax form On December 2, 2010, you placed in service an item of 5-year property costing $10,000. 1040 ez 2013 tax form You did not claim a section 179 deduction and the property does not qualify for a special depreciation allowance. 1040 ez 2013 tax form Your unadjusted basis for the property was $10,000. 1040 ez 2013 tax form You used the mid-quarter convention because this was the only item of business property you placed in service in 2010 and it was placed in service during the last 3 months of your tax year. 1040 ez 2013 tax form Your property is in the 5-year property class, so you used Table A-5 to figure your depreciation deduction. 1040 ez 2013 tax form Your deductions for 2010, 2011, and 2012 were $500 (5% of $10,000), $3,800 (38% of $10,000), and $2,280 (22. 1040 ez 2013 tax form 80% of $10,000). 1040 ez 2013 tax form You disposed of the property on April 6, 2013. 1040 ez 2013 tax form To determine your depreciation deduction for 2013, first figure the deduction for the full year. 1040 ez 2013 tax form This is $1,368 (13. 1040 ez 2013 tax form 68% of $10,000). 1040 ez 2013 tax form April is in the second quarter of the year, so you multiply $1,368 by 37. 1040 ez 2013 tax form 5% to get your depreciation deduction of $513 for 2013. 1040 ez 2013 tax form Mid-month convention used. 1040 ez 2013 tax form   If you dispose of residential rental or nonresidential real property, figure your depreciation deduction for the year of the disposition by multiplying a full year of depreciation by a fraction. 1040 ez 2013 tax form The numerator of the fraction is the number of months (including partial months) in the year that the property is considered in service. 1040 ez 2013 tax form The denominator is 12. 1040 ez 2013 tax form Example. 1040 ez 2013 tax form On July 2, 2011, you purchased and placed in service residential rental property. 1040 ez 2013 tax form The property cost $100,000, not including the cost of land. 1040 ez 2013 tax form You used Table A-6 to figure your MACRS depreciation for this property. 1040 ez 2013 tax form You sold the property on March 2, 2013. 1040 ez 2013 tax form You file your tax return based on the calendar year. 1040 ez 2013 tax form A full year of depreciation for 2013 is $3,636. 1040 ez 2013 tax form This is $100,000 multiplied by . 1040 ez 2013 tax form 03636 (the percentage for the seventh month of the third recovery year) from Table A-6 . 1040 ez 2013 tax form You then apply the mid-month convention for the 2½ months of use in 2013. 1040 ez 2013 tax form Treat the month of disposition as one-half month of use. 1040 ez 2013 tax form Multiply $3,636 by the fraction, 2. 1040 ez 2013 tax form 5 over 12, to get your 2013 depreciation deduction of $757. 1040 ez 2013 tax form 50. 1040 ez 2013 tax form Figuring the Deduction Without Using the Tables Instead of using the rates in the percentage tables to figure your depreciation deduction, you can figure it yourself. 1040 ez 2013 tax form Before making the computation each year, you must reduce your adjusted basis in the property by the depreciation claimed the previous year. 1040 ez 2013 tax form Figuring MACRS deductions without using the tables generally will result in a slightly different amount than using the tables. 1040 ez 2013 tax form Declining Balance Method When using a declining balance method, you apply the same depreciation rate each year to the adjusted basis of your property. 1040 ez 2013 tax form You must use the applicable convention for the first tax year and you must switch to the straight line method beginning in the first year for which it will give an equal or greater deduction. 1040 ez 2013 tax form The straight line method is explained later. 1040 ez 2013 tax form You figure depreciation for the year you place property in service as follows. 1040 ez 2013 tax form Multiply your adjusted basis in the property by the declining balance rate. 1040 ez 2013 tax form Apply the applicable convention. 1040 ez 2013 tax form You figure depreciation for all other years (before the year you switch to the straight line method) as follows. 1040 ez 2013 tax form Reduce your adjusted basis in the property by the depreciation allowed or allowable in earlier years. 1040 ez 2013 tax form Multiply this new adjusted basis by the same declining balance rate used in earlier years. 1040 ez 2013 tax form If you dispose of property before the end of its recovery period, see Using the Applicable Convention, later, for information on how to figure depreciation for the year you dispose of it. 1040 ez 2013 tax form Figuring depreciation under the declining balance method and switching to the straight line method is illustrated in Example 1 , later, under Examples. 1040 ez 2013 tax form Declining balance rate. 1040 ez 2013 tax form   You figure your declining balance rate by dividing the specified declining balance percentage (150% or 200% changed to a decimal) by the number of years in the property's recovery period. 1040 ez 2013 tax form For example, for 3-year property depreciated using the 200% declining balance method, divide 2. 1040 ez 2013 tax form 00 (200%) by 3 to get 0. 1040 ez 2013 tax form 6667, or a 66. 1040 ez 2013 tax form 67% declining balance rate. 1040 ez 2013 tax form For 15-year property depreciated using the 150% declining balance method, divide 1. 1040 ez 2013 tax form 50 (150%) by 15 to get 0. 1040 ez 2013 tax form 10, or a 10% declining balance rate. 1040 ez 2013 tax form   The following table shows the declining balance rate for each property class and the first year for which the straight line method gives an equal or greater deduction. 1040 ez 2013 tax form Property Class Method Declining Balance Rate Year 3-year 200% DB 66. 1040 ez 2013 tax form 667% 3rd 5-year 200% DB 40. 1040 ez 2013 tax form 0 4th 7-year 200% DB 28. 1040 ez 2013 tax form 571 5th 10-year 200% DB 20. 1040 ez 2013 tax form 0 7th 15-year 150% DB 10. 1040 ez 2013 tax form 0 7th 20-year 150% DB 7. 1040 ez 2013 tax form 5 9th Straight Line Method When using the straight line method, you apply a different depreciation rate each year to the adjusted basis of your property. 1040 ez 2013 tax form You must use the applicable convention in the year you place the property in service and the year you dispose of the property. 1040 ez 2013 tax form You figure depreciation for the year you place property in service as follows. 1040 ez 2013 tax form Multiply your adjusted basis in the property by the straight line rate. 1040 ez 2013 tax form Apply the applicable convention. 1040 ez 2013 tax form You figure depreciation for all other years (including the year you switch from the declining balance method to the straight line method) as follows. 1040 ez 2013 tax form Reduce your adjusted basis in the property by the depreciation allowed or allowable in earlier years (under any method). 1040 ez 2013 tax form Determine the depreciation rate for the year. 1040 ez 2013 tax form Multiply the adjusted basis figured in (1) by the depreciation rate figured in (2). 1040 ez 2013 tax form If you dispose of property before the end of its recovery period, see Using the Applicable Convention , later, for information on how to figure depreciation for the year you dispose of it. 1040 ez 2013 tax form Straight line rate. 1040 ez 2013 tax form   You determine the straight line depreciation rate for any tax year by dividing the number 1 by the years remaining in the recovery period at the beginning of that year. 1040 ez 2013 tax form When figuring the number of years remaining, you must take into account the convention used in the year you placed the property in service. 1040 ez 2013 tax form If the number of years remaining is less than 1, the depreciation rate for that tax year is 1. 1040 ez 2013 tax form 0 (100%). 1040 ez 2013 tax form Using the Applicable Convention The applicable convention (discussed earlier under Which Convention Applies ) affects how you figure your depreciation deduction for the year you place your property in service and for the year you dispose of it. 1040 ez 2013 tax form It determines how much of the recovery period remains at the beginning of each year, so it also affects the depreciation rate for property you depreciate under the straight line method. 1040 ez 2013 tax form See Straight line rate in the previous discussion. 1040 ez 2013 tax form Use the applicable convention as explained in the following discussions. 1040 ez 2013 tax form Half-year convention. 1040 ez 2013 tax form   If this convention applies, you deduct a half-year of depreciation for the first year and the last year that you depreciate the property. 1040 ez 2013 tax form You deduct a full year of depreciation for any other year during the recovery period. 1040 ez 2013 tax form   Figure your depreciation deduction for the year you place the property in service by dividing the depreciation for a full year by 2. 1040 ez 2013 tax form If you dispose of the property before the end of the recovery period, figure your depreciation deduction for the year of the disposition the same way. 1040 ez 2013 tax form If you hold the property for the entire recovery period, your depreciation deduction for the year that includes the final 6 months of the recovery period is the amount of your unrecovered basis in the property. 1040 ez 2013 tax form Mid-quarter convention. 1040 ez 2013 tax form   If this convention applies, the depreciation you can deduct for the first year you depreciate the property depends on the quarter in which you place the property in service. 1040 ez 2013 tax form   A quarter of a full 12-month tax year is a period of 3 months. 1040 ez 2013 tax form The first quarter in a year begins on the first day of the tax year. 1040 ez 2013 tax form The second quarter begins on the first day of the fourth month of the tax year. 1040 ez 2013 tax form The third quarter begins on the first day of the seventh month of the tax year. 1040 ez 2013 tax form The fourth quarter begins on the first day of the tenth month of the tax year. 1040 ez 2013 tax form A calendar year is divided into the following quarters. 1040 ez 2013 tax form Quarter Months First January, February, March Second April, May, June Third July, August, September Fourth October, November, December   Figure your depreciation deduction for the year you place the property in service by multiplying the depreciation for a full year by the percentage listed below for the quarter you place the property in service. 1040 ez 2013 tax form Quarter Percentage First 87. 1040 ez 2013 tax form 5% Second 62. 1040 ez 2013 tax form 5 Third 37. 1040 ez 2013 tax form 5 Fourth 12. 1040 ez 2013 tax form 5   If you dispose of the property before the end of the recovery period, figure your depreciation deduction for the year of the disposition by multiplying a full year of depreciation by the percentage listed below for the quarter you dispose of the property. 1040 ez 2013 tax form Quarter Percentage First 12. 1040 ez 2013 tax form 5% Second 37. 1040 ez 2013 tax form 5 Third 62. 1040 ez 2013 tax form 5 Fourth 87. 1040 ez 2013 tax form 5   If you hold the property for the entire recovery period, your depreciation deduction for the year that includes the final quarter of the recovery period is the amount of your unrecovered basis in the property. 1040 ez 2013 tax form Mid-month convention. 1040 ez 2013 tax form   If this convention applies, the depreciation you can deduct for the first year that you depreciate the property depends on the month in which you place the property in service. 1040 ez 2013 tax form Figure your depreciation deduction for the year you place the property in service by multiplying the depreciation for a full year by a fraction. 1040 ez 2013 tax form The numerator of the fraction is the number of full months in the year that the property is in service plus ½ (or 0. 1040 ez 2013 tax form 5). 1040 ez 2013 tax form The denominator is 12. 1040 ez 2013 tax form   If you dispose of the property before the end of the recovery period, figure your depreciation deduction for the year of the disposition the same way. 1040 ez 2013 tax form If you hold the property for the entire recovery period, your depreciation deduction for the year that includes the final month of the recovery period is the amount of your unrecovered basis in the property. 1040 ez 2013 tax form Example. 1040 ez 2013 tax form You use the calendar year and place nonresidential real property in service in August. 1040 ez 2013 tax form The property is in service 4 full months (September, October, November, and December). 1040 ez 2013 tax form Your numerator is 4. 1040 ez 2013 tax form 5 (4 full months plus 0. 1040 ez 2013 tax form 5). 1040 ez 2013 tax form You multiply the depreciation for a full year by 4. 1040 ez 2013 tax form 5/12, or 0. 1040 ez 2013 tax form 375. 1040 ez 2013 tax form Examples The following examples show how to figure depreciation under MACRS without using the percentage tables. 1040 ez 2013 tax form Figures are rounded for purposes of the examples. 1040 ez 2013 tax form Assume for all the examples that you use a calendar year as your tax year. 1040 ez 2013 tax form Example 1—200% DB method and half-year convention. 1040 ez 2013 tax form In February, you placed in service depreciable property with a 5-year recovery period and a basis of $1,000. 1040 ez 2013 tax form You do not elect to take the section 179 deduction and the property does not qualify for a special depreciation allowance. 1040 ez 2013 tax form You use GDS and the 200% declining balance (DB) method to figure your depreciation. 1040 ez 2013 tax form When the straight line (SL) method results in an equal or larger deduction, you switch to the SL method. 1040 ez 2013 tax form You did not place any property in service in the last 3 months of the year, so you must use the half-year convention. 1040 ez 2013 tax form First year. 1040 ez 2013 tax form You figure the depreciation rate under the 200% DB method by dividing 2 (200%) by 5 (the number of years in the recovery period). 1040 ez 2013 tax form The result is 40%. 1040 ez 2013 tax form You multiply the adjusted basis of the property ($1,000) by the 40% DB rate. 1040 ez 2013 tax form You apply the half-year convention by dividing the result ($400) by 2. 1040 ez 2013 tax form Depreciation for the first year under the 200% DB method is $200. 1040 ez 2013 tax form You figure the depreciation rate under the straight line (SL) method by dividing 1 by 5, the number of years in the recovery period. 1040 ez 2013 tax form The result is 20%. 1040 ez 2013 tax form You multiply the adjusted basis of the property ($1,000) by the 20% SL rate. 1040 ez 2013 tax form You apply the half-year convention by dividing the result ($200) by 2. 1040 ez 2013 tax form Depreciation for the first year under the SL method is $100. 1040 ez 2013 tax form The DB method provides a larger deduction, so you deduct the $200 figured under the 200% DB method. 1040 ez 2013 tax form Second year. 1040 ez 2013 tax form You reduce the adjusted basis ($1,000) by the depreciation claimed in the first year ($200). 1040 ez 2013 tax form You multiply the result ($800) by the DB rate (40%). 1040 ez 2013 tax form Depreciation for the second year under the 200% DB method is $320. 1040 ez 2013 tax form You figure the SL depreciation rate by dividing 1 by 4. 1040 ez 2013 tax form 5, the number of years remaining in the recovery period. 1040 ez 2013 tax form (Based on the half-year convention, you used only half a year of the recovery period in the first year. 1040 ez 2013 tax form ) You multiply the reduced adjusted basis ($800) by the result (22. 1040 ez 2013 tax form 22%). 1040 ez 2013 tax form Depreciation under the SL method for the second year is $178. 1040 ez 2013 tax form The DB method provides a larger deduction, so you deduct the $320 figured under the 200% DB method. 1040 ez 2013 tax form Third year. 1040 ez 2013 tax form You reduce the adjusted basis ($800) by the depreciation claimed in the second year ($320). 1040 ez 2013 tax form You multiply the result ($480) by the DB rate (40%). 1040 ez 2013 tax form Depreciation for the third year under the 200% DB method is $192. 1040 ez 2013 tax form You figure the SL depreciation rate by dividing 1 by 3. 1040 ez 2013 tax form 5. 1040 ez 2013 tax form You multiply the reduced adjusted basis ($480) by the result (28. 1040 ez 2013 tax form 57%). 1040 ez 2013 tax form Depreciation under the SL method for the third year is $137. 1040 ez 2013 tax form The DB method provides a larger deduction, so you deduct the $192 figured under the 200% DB method. 1040 ez 2013 tax form Fourth year. 1040 ez 2013 tax form You reduce the adjusted basis ($480) by the de
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The 1040 Ez 2013 Tax Form

1040 ez 2013 tax form 8. 1040 ez 2013 tax form   Dividendos y Otras Distribuciones Table of Contents Recordatorio Introduction Useful Items - You may want to see: Información GeneralDividendos no declarados en el Formulario 1099-DIV. 1040 ez 2013 tax form Cómo se le informa del impuesto retenido. 1040 ez 2013 tax form Nominatarios. 1040 ez 2013 tax form Dividendos OrdinariosDividendos Calificados Dividendos Utilizados para la Compra de más Acciones Fondos de Inversión del Mercado Monetario Distribuciones de Ganancias de CapitalAjuste a la base. 1040 ez 2013 tax form Distribuciones que no son DividendosDistribuciones de Liquidación Distribuciones de Acciones y Derechos a Acciones Otras DistribucionesRequisito de declarar ciertos datos. 1040 ez 2013 tax form Tratamiento del impuesto mínimo alternativo. 1040 ez 2013 tax form Cómo Declarar el Ingreso de DividendosDeducción de los intereses de inversiones. 1040 ez 2013 tax form Recordatorio Ingresos de fuentes en el extranjero. 1040 ez 2013 tax form  Si es ciudadano de los Estados Unidos con ingresos por concepto de dividendos de fuentes fuera de los Estados Unidos (ingresos del extranjero), tiene que declarar todos estos ingresos en la declaración de impuestos a menos que sean ingresos exentos por las leyes de los EE. 1040 ez 2013 tax form UU. 1040 ez 2013 tax form Esto es cierto independientemente de si reside dentro o fuera de los EE. 1040 ez 2013 tax form UU. 1040 ez 2013 tax form y si recibe o no el Formulario 1099 de un pagador extranjero. 1040 ez 2013 tax form Introduction Este capítulo explica el trato tributario que se le da a: Dividendos ordinarios, Distribuciones de ganancias de capital, Distribuciones que no sean dividendos y Otras distribuciones que pueda recibir de una sociedad anónima o de un fondo mutuo. 1040 ez 2013 tax form Este capítulo también explica cómo se declara el ingreso de dividendos en su declaración de impuestos. 1040 ez 2013 tax form Los dividendos son distribuciones de dinero, acciones u otras clases de bienes que le paga a usted una sociedad anónima o fondo mutuo. 1040 ez 2013 tax form Puede recibir también dividendos a través de una sociedad colectiva, un caudal hereditario, un fideicomiso o una asociación a la que se le gravan impuestos como a una sociedad anónima. 1040 ez 2013 tax form Sin embargo, algunas cantidades recibidas por usted y denominadas dividendos, son de hecho ingresos de intereses. 1040 ez 2013 tax form Vea Dividendos que en realidad son intereses , bajo Intereses Sujetos a Impuestos, en el capítulo 7. 1040 ez 2013 tax form La mayoría de las distribuciones se pagan en efectivo (o con cheque). 1040 ez 2013 tax form No obstante, las distribuciones pueden consistir en más acciones, derechos de suscripción de acciones u otros bienes o servicios adicionales. 1040 ez 2013 tax form Useful Items - You may want to see: Publicación 514 Foreign Tax Credit for Individuals (Crédito por impuestos del extranjero para personas físicas), en inglés 550 Investment Income and Expenses (Ingresos y gastos de inversiones), en inglés Formulario (e Instrucciones) Anexo B (Formulario 1040A o 1040) Interest and Ordinary Dividends (Intereses y dividendos ordinarios), en inglés Información General Esta sección explica las reglas generales sobre ingresos de dividendos. 1040 ez 2013 tax form Impuesto sobre ingresos no derivados del trabajo de determinados hijos. 1040 ez 2013 tax form   El impuesto sobre una parte del ingreso no derivado del trabajo recibido por un hijo en 2013 puede ser tributado a la tasa impositiva correspondiente de los padres. 1040 ez 2013 tax form Si es así, tiene que completar el Formulario 8615, Tax for Certain Children Who Have Unearned Income (Impuestos para determinados hijos que tienen ingresos no derivados del trabajo), en inglés, y adjuntarlo a la declaración de impuestos del hijo. 1040 ez 2013 tax form Si no es así, no se requiere el Formulario 8615 y los ingresos del menor están sujetos a la tasa impositiva que le corresponde. 1040 ez 2013 tax form       Algunos padres o madres pueden optar por incluir los intereses y dividendos del hijo en la declaración de impuestos del padre o la madre si se cumplen ciertos requisitos. 1040 ez 2013 tax form Si puede, utilice el Formulario 8814, Parents' Election To Report Child's Interest and Dividends (Elección del padre o de la madre de declarar los intereses y dividendos de un hijo), en inglés, para este propósito. 1040 ez 2013 tax form   Si desea obtener más información sobre el impuesto sobre los ingresos no derivados del trabajo de un hijo y la elección de los padres, vea el capítulo 31. 1040 ez 2013 tax form Beneficiario de un caudal hereditario o fideicomiso. 1040 ez 2013 tax form    Los dividendos y otras distribuciones que reciba como beneficiario de un caudal hereditario o de un fideicomiso por lo general se consideran ingresos tributables. 1040 ez 2013 tax form El fiduciario debería enviarle un Anexo K-1 (Formulario 1041), Beneficiary's Share of Income, Deductions, Credits, etc. 1040 ez 2013 tax form (Parte del ingreso, deducciones, créditos, etc. 1040 ez 2013 tax form , de un beneficiario), en inglés. 1040 ez 2013 tax form Su copia del Anexo K-1 (Formulario 1041) e instrucciones le indicarán dónde debe declarar los ingresos en el Formulario 1040. 1040 ez 2013 tax form Número de Seguro Social (SSN, por sus siglas en inglés) o número de identificación de contribuyente individual (ITIN por sus siglas en inglés). 1040 ez 2013 tax form    Tiene que darle su nombre y número de Seguro Social (o su número de identificación de contribuyente individual (ITIN, por sus siglas en inglés)) a toda persona que esté obligada por la ley federal de impuestos a expedir una declaración, un informe u otro documento relacionado con usted. 1040 ez 2013 tax form Esto incluye las entidades que pagan dividendos. 1040 ez 2013 tax form Es posible que tenga que pagar una multa si no le proporciona su número de Seguro Social o su número de identificación de contribuyente individual (ITIN) a la entidad que paga los dividendos. 1040 ez 2013 tax form Para obtener más información sobre los números de Seguro Social y los números de identificación de contribuyente individual, vea Número de Seguro Social en el capítulo 1. 1040 ez 2013 tax form Retención adicional. 1040 ez 2013 tax form   El ingreso de dividendos por lo general no está sujeto a la retención normal. 1040 ez 2013 tax form Sin embargo, podría estar sujeto a la retención adicional de impuestos para asegurar que el impuesto sobre el ingreso sea recaudado sobre ese ingreso. 1040 ez 2013 tax form Conforme a la retención adicional de impuestos, la entidad que paga los dividendos tiene que retener impuestos sobre los ingresos de la cantidad que le paga a usted, aplicándo la tasa de retención correspondiente. 1040 ez 2013 tax form   También puede requerirse una retención adicional de impuestos si el IRS ha determinado que usted ha declarado una cantidad inferior de ingresos de intereses o dividendos de lo que dn verdad recibió. 1040 ez 2013 tax form Para más información, vea Retención Adicional , en el capítulo 4. 1040 ez 2013 tax form Certificado de acciones a nombre de dos o más personas. 1040 ez 2013 tax form   Si dos o más personas tienen acciones de propiedad conjunta, propiedad en tenencia conyugal o propiedad en tenencia común, la parte de los dividendos de las acciones que le corresponde a cada persona está determinada por las leyes locales. 1040 ez 2013 tax form Formulario 1099-DIV. 1040 ez 2013 tax form   La mayoría de las sociedades anónimas y fondos mutuos usan el Formulario 1099-DIV, Dividends and Distributions (Dividendos y distribuciones), en inglés, para informarle de las distribuciones que recibió de ellas durante el año. 1040 ez 2013 tax form Guarde este formulario con su documentación. 1040 ez 2013 tax form No tiene que adjuntar el formulario a su declaración de impuestos. 1040 ez 2013 tax form Dividendos no declarados en el Formulario 1099-DIV. 1040 ez 2013 tax form   Aun si no recibe el Formulario 1099-DIV, tendrá que declarar todos sus ingresos de dividendos sujetos a impuestos. 1040 ez 2013 tax form Por ejemplo, podría recibir acciones repartidas de dividendos de sociedades colectivas o de sociedades anónimas de tipo S. 1040 ez 2013 tax form A usted se le informa de dichos dividendos en el Anexo K-1 (del Formulario 1065), Partner's Share of Income, Deductions, Credits, etc. 1040 ez 2013 tax form (Parte de los ingresos, deducciones, créditos, etc. 1040 ez 2013 tax form , correspondiente al socio), en inglés, y en el Anexo K-1 (del Formulario 1120S), Shareholder's Share of Income, Deductions, Credits, etc. 1040 ez 2013 tax form (Parte de los ingresos, deducciones, créditos, etc. 1040 ez 2013 tax form , correspondiente al accionista), en inglés. 1040 ez 2013 tax form Cómo se le informa del impuesto retenido. 1040 ez 2013 tax form   Si se le retienen impuestos sobre su ingreso de dividendos, el pagador tiene que darle un Formulario 1099-DIV que indica la cantidad retenida. 1040 ez 2013 tax form Nominatarios. 1040 ez 2013 tax form   Si alguien recibe distribuciones como nominatario suyo, esa persona le dará un Formulario 1099-DIV que indicará las distribuciones recibidas en nombre de usted. 1040 ez 2013 tax form Formulario 1099-MISC. 1040 ez 2013 tax form   A usted se le tiene que informar de ciertos pagos sustitutivos en lugar de dividendos o intereses exentos de impuestos que recibe de un agente corredor bursátil en su nombre en el Formulario 1099-MISC, Miscellaneous Income (Ingresos misceláneos), en inglés, o en un documento similar. 1040 ez 2013 tax form Vea Reporting Substitute Payments (Cómo informar de pagos sustitutivos), bajo Short Sales (Ventas a corto al descubierto), en el capítulo 4 de la Publicación 550, en inglés, para más información sobre cómo informar de estos pagos. 1040 ez 2013 tax form Cantidad incorrecta que aparece en un Formulario 1099. 1040 ez 2013 tax form   Si recibe un Formulario 1099 que indica una cantidad incorrecta (u otra información incorrecta), debe pedirle a la persona que le dio el formulario que le envíe otro formulario corregido. 1040 ez 2013 tax form En el nuevo Formulario 1099 que recibirá aparecerá la palabra “ Corrected ” (Corregido). 1040 ez 2013 tax form Dividendos de acciones vendidas. 1040 ez 2013 tax form   Si se venden o intercambian acciones, o si se enajenan de otra manera después de que se declare un dividendo pero antes de ser pagado, el dueño oficial (usualmente la persona a quien se le expide el cheque de dividendos) tiene que incluir el dividendo en sus ingresos. 1040 ez 2013 tax form Dividendos recibidos en enero. 1040 ez 2013 tax form   A usted se le considera que ha recibido un dividendo el 31 de diciembre si un fondo mutuo (u otra compañía de inversiones reglamentada) o una sociedad de inversión inmobiliaria (REIT, por sus siglas en inglés) declara un dividendo (incluyendo todo dividendo que produzca intereses exentos o una distribución de ganancias de capital) en octubre, noviembre o diciembre, pagadero a los accionistas oficiales en una fecha de uno de estos meses, pero que realmente paga el dividendo durante enero del próximo año calendario. 1040 ez 2013 tax form Usted tiene que declarar el dividendo en el año en que fue declarado. 1040 ez 2013 tax form Dividendos Ordinarios Los dividendos ordinarios (sujetos a impuestos) son la distribución más común hecha por una sociedad anónima o un fondo mutuo. 1040 ez 2013 tax form Se pagan usando ingresos y ganancias y son considerados ingresos ordinarios para usted. 1040 ez 2013 tax form Esto significa que no son ganancias de capital. 1040 ez 2013 tax form Puede suponer que todo dividendo que reciba de acciones comunes o preferentes es un dividendo ordinario a menos que la sociedad anónima o el fondo mutuo que efectúa el pago le indique lo contrario. 1040 ez 2013 tax form Los dividendos ordinarios se muestran en el recuadro 1a del Formulario 1099-DIV que usted reciba. 1040 ez 2013 tax form Dividendos Calificados Los dividendos calificados son los dividendos ordinarios sujetos a la misma tasa impositiva máxima del 0%, 15% o 20% que corresponde a las ganancias netas de capital. 1040 ez 2013 tax form Deben indicarse en el recuadro 1b del Formulario 1099-DIV que reciba. 1040 ez 2013 tax form La tasa máxima del impuesto sobre los dividendos calificados es: 0% sobre toda cantidad que de otro modo se le impondrían impuestos a una tasa del 10% o del 15%. 1040 ez 2013 tax form 15% sobre toda cantidad que de otro modo se le impondrían impuestos a tasas mayores de 15%, pero menores de 39. 1040 ez 2013 tax form 6%. 1040 ez 2013 tax form 20% sobre toda cantidad que de otro modo se le impondrían impuestos a una tasa de 39. 1040 ez 2013 tax form 6%. 1040 ez 2013 tax form Para tener derecho a la tasa impositiva máxima, todos los requisitos siguientes tienen que cumplirse: Los dividendos tienen que haber sido pagados por una sociedad anónima estadounidense o una sociedad anónima extranjera calificada. 1040 ez 2013 tax form Vea Sociedad anónima extranjera calificada , más adelante. 1040 ez 2013 tax form Los dividendos no tienen la misma clasificación que aquéllos incluidos más adelante bajo Dividendos que no son dividendos calificados . 1040 ez 2013 tax form Usted cumple el período de tenencia (tema que se explica a continuación). 1040 ez 2013 tax form Período de tenencia. 1040 ez 2013 tax form   Usted tiene que haber tenido las acciones por más de 60 días durante el período de 121 días que comienza 60 días antes de la fecha del ex dividendo. 1040 ez 2013 tax form La fecha del ex dividendo es la primera fecha que sigue a la declaración del dividendo en la cual el comprador de las acciones no tiene derecho a recibir el siguiente pago de dividendos. 1040 ez 2013 tax form En su lugar, el vendedor recibirá el dividendo. 1040 ez 2013 tax form   Cuando cuente el número de días que tuvo las acciones, incluya el día en que enajenó las acciones, pero no el día en que las adquirió. 1040 ez 2013 tax form Vea los ejemplos más adelante. 1040 ez 2013 tax form Excepción para acciones preferentes. 1040 ez 2013 tax form   En el caso de acciones preferentes, tiene que haber tenido las acciones por más de 90 días durante el período de 181 días que comienza 90 días antes de la fecha del ex dividendo, si los dividendos se deben a períodos cuyo total es más de 366 días. 1040 ez 2013 tax form Si los dividendos preferentes se deben a períodos cuyo total es menos de 367 días, les corresponde el período de tenencia del párrafo anterior. 1040 ez 2013 tax form Ejemplo 1. 1040 ez 2013 tax form Usted compró 5,000 acciones ordinarias de la Compañía XYZ el 9 de julio de 2013. 1040 ez 2013 tax form La Compañía XYZ pagó un dividendo en efectivo de 10 centavos por cada acción. 1040 ez 2013 tax form La fecha del ex dividendo fue el 16 de julio de 2013. 1040 ez 2013 tax form El Formulario 1099-DIV de la Compañía XYZ muestra $500 en el recuadro 1a (dividendos ordinarios) y en el recuadro 1b (dividendos calificados). 1040 ez 2013 tax form No obstante, usted vendió las 5,000 acciones el 12 de agosto de 2013. 1040 ez 2013 tax form Tuvo las acciones de la Compañía XYZ por sólo 34 días del período de 121 días (desde el 10 de julio de 2013 hasta el 12 de agosto de 2013). 1040 ez 2013 tax form El período de 121 días comenzó el 17 de mayo de 2013 (60 días antes de la fecha del ex dividendo) y terminó el 14 de septiembre de 2013. 1040 ez 2013 tax form Usted no tiene dividendos calificados de la Compañía XYZ porque tuvo las acciones de la compañía por menos de 61 días. 1040 ez 2013 tax form Ejemplo 2. 1040 ez 2013 tax form Suponga que los hechos son los mismos que en el Ejemplo 1, excepto que compró las acciones el 15 de julio de 2013 (el día antes de la fecha del ex dividendo) y vendió las acciones el 16 de septiembre de 2013. 1040 ez 2013 tax form Usted tuvo las acciones por 63 días (desde el 16 de julio de 2013 hasta el 16 de septiembre de 2013). 1040 ez 2013 tax form Los $500 de dividendos calificados mostrados en el recuadro 1b del Formulario 1099-DIV son en su totalidad dividendos calificados porque tuvo las acciones por 61 días del período de 121 días (desde el 16 de julio de 2013 hasta el 14 de septiembre de 2013). 1040 ez 2013 tax form Ejemplo 3. 1040 ez 2013 tax form Usted compró 10,000 acciones ordinarias del Fondo Mutuo ABC el 9 de julio de 2013. 1040 ez 2013 tax form El Fondo Mutuo ABC pagó un dividendo en efectivo de 10 centavos por cada acción. 1040 ez 2013 tax form La fecha del ex dividendo fue el 16 de julio de 2013. 1040 ez 2013 tax form El Fondo Mutuo ABC le informa que la parte del dividendo que puede ser tratada como dividendos calificados equivale a 2 centavos por cada acción. 1040 ez 2013 tax form El Formulario 1099-DIV del Fondo Mutuo ABC muestra dividendos ordinarios de $1,000 y dividendos calificados de $200. 1040 ez 2013 tax form Sin embargo, usted vendió las 10,000 acciones el 12 de agosto de 2013. 1040 ez 2013 tax form No tiene dividendos calificados del Fondo Mutuo ABC porque tuvo las acciones del Fondo Mutuo ABC menos de 61 días. 1040 ez 2013 tax form Reducción del período de tenencia cuando disminuya el riesgo de pérdida. 1040 ez 2013 tax form   Al determinar si usted cumplió el período mínimo de tenencia del que se habló anteriormente, no puede contar ningún día durante el cual se cumpliera alguna de las situaciones siguientes: Tuvo una opción para vender, estaba bajo obligación por contrato de venta o había hecho (pero no cerrado) una venta al descubierto de acciones o valores sustancialmente iguales. 1040 ez 2013 tax form Era el otorgante (girador) de una opción de compra de acciones o valores bursátiles sustancialmente iguales. 1040 ez 2013 tax form Su riesgo de pérdida disminuye por tener una o más posiciones en bienes sustancialmente iguales o afines. 1040 ez 2013 tax form   Para información sobre cómo aplicar la condición (3), vea la sección 1. 1040 ez 2013 tax form 246-5 de los Reglamentos. 1040 ez 2013 tax form Sociedad anónima extranjera calificada. 1040 ez 2013 tax form   Una sociedad anónima extranjera es una compañía extranjera calificada si cumple alguna de las siguientes condiciones: La sociedad anónima está incorporada (constituida legalmente) en un territorio de los Estados Unidos. 1040 ez 2013 tax form La sociedad anónima reúne los requisitos para recibir los beneficios de un tratado amplio de impuestos sobre el ingreso con los Estados Unidos que el Departamento del Tesoro considere satisfactorio para este propósito y que incluya un programa de intercambio de información. 1040 ez 2013 tax form Para una lista de estos tratados, vea la Tabla 8-1. 1040 ez 2013 tax form La sociedad anónima no cumple las condiciones (1) o (2) anteriores, pero las acciones por las cuales se paga el dividendo son comercializables en un mercado de valores bursátiles establecido en los Estados Unidos. 1040 ez 2013 tax form Vea Acciones comercializables listadas , más adelante. 1040 ez 2013 tax form Excepción. 1040 ez 2013 tax form   Una sociedad anónima no es una sociedad anónima extranjera calificada si es una compañía extranjera de inversiones pasivas durante el año tributario en el cual se pagan los dividendos o durante el año tributario anterior. 1040 ez 2013 tax form Acciones comercializables listadas. 1040 ez 2013 tax form   Todas las acciones (tales como acciones comunes, ordinarias o preferentes) o recibos de depósito estadounidenses respecto a esas acciones, satisfacen el requisito (3), mencionado anteriormente bajo Sociedad anónima extranjera calificada , si se listan (cotizan) en una bolsa de valores nacional que está inscrita conforme a la sección 6 de la Securities Exchange Act (Ley de la Bolsa de Valores) de 1934 o en el Mercado de Valores Nasdaq. 1040 ez 2013 tax form Si desea ver una lista de las bolsas que reúnen estos requisitos, vea www. 1040 ez 2013 tax form sec. 1040 ez 2013 tax form gov/divisions/marketreg/mrexchanges. 1040 ez 2013 tax form shtml, en inglés. 1040 ez 2013 tax form Dividendos que no son dividendos calificados. 1040 ez 2013 tax form   Los dividendos enumerados a continuación no son dividendos calificados. 1040 ez 2013 tax form No son dividendos calificados aunque se encuentren indicados en el recuadro 1b del Formulario 1099-DIV. 1040 ez 2013 tax form Distribuciones de ganancias de capital. 1040 ez 2013 tax form Dividendos pagados sobre depósitos en cajas mutuas de ahorros, bancos cooperativos, cooperativas de crédito, asociaciones de crédito a la construcción estadounidenses, asociaciones de préstamo y ahorro estadounidenses, asociaciones federales de préstamo y ahorro e instituciones financieras similares. 1040 ez 2013 tax form Declare estos ingresos como ingreso de intereses. 1040 ez 2013 tax form Dividendos de una sociedad anónima que es una organización exenta de impuestos o una cooperativa agrícola durante el año tributario de la sociedad anónima en el cual se pagaron los dividendos o durante el año tributable anterior de la sociedad anónima. 1040 ez 2013 tax form Dividendos pagados por una sociedad anónima sobre valores bursátiles del empleador tenidos en la fecha de registro por un plan de compra de acciones para empleados (ESOP, por sus siglas en inglés) mantenido por esa sociedad anónima. 1040 ez 2013 tax form Dividendos sobre acciones hasta el punto que usted esté obligado (ya sea por venta al descubierto o de otra manera) a hacer pagos afines por posiciones en bienes sustancialmente similares o relacionados. 1040 ez 2013 tax form Pagos en lugar de dividendos, pero sólo si usted sabe o tiene razón de saber que los pagos no son dividendos calificados. 1040 ez 2013 tax form Pagos mostrados en el recuadro 1b del Formulario 1099-DIV, provenientes de una sociedad anónima extranjera hasta el punto que usted sepa o tenga razón de saber que los pagos no son dividendos calificados. 1040 ez 2013 tax form Tabla 8-1. 1040 ez 2013 tax form Tratados de Impuestos sobre los Ingresos Los tratados de impuestos sobre los ingresos que los Estados Unidos tiene con los siguientes países cumplen la condición (2) bajo Sociedad anónima extranjera calificada. 1040 ez 2013 tax form       Australia India Reino Austria Indonesia Unido Alemania Irlanda República Bangladesh Islandia Checa Barbados Israel República Bélgica Italia Eslovaca Bulgaria Jamaica Rumania Canadá Japón Sri Lanka China Kazajstán Suecia Chipre Letonia Suiza Corea Lituania Sudáfrica Dinamarca Luxemburgo Tailandia Egipto Malta Trinidad y Eslovenia Marruecos Tobago España México Túnez Estonia Noruega Turquía Federación Nueva Ucrania Rusa Zelandia Venezuela Filipinas Países Bajos (Holanda)   Finlandia Paquistán   Francia Polonia   Grecia Portugal   Hungría       Dividendos Utilizados para la Compra de más Acciones La sociedad anónima en la cual usted tiene acciones podría tener un plan para la reinversión de dividendos. 1040 ez 2013 tax form Tales planes le permiten optar por el uso de sus dividendos para comprar (por medio de un agente) más acciones en la sociedad anónima en vez de recibir los dividendos en efectivo. 1040 ez 2013 tax form La mayoría de los fondos de inversión también permiten a los accionistas reinvertir automáticamente las distribuciones para comprar más acciones en el fondo en lugar de recibir dinero en efectivo. 1040 ez 2013 tax form Si utiliza los dividendos para comprar más acciones al precio justo de mercado, todavía tiene que declarar los dividendos como ingreso. 1040 ez 2013 tax form Si es miembro de un plan de reinversión de dividendos que le permite comprar más acciones a un precio menor del precio justo de mercado, tiene que declarar como ingreso de dividendos el valor justo de mercado de las acciones adicionales el día del pago de los dividendos. 1040 ez 2013 tax form También tiene que declarar como ingreso de dividendos todos los cargos por servicios restados de sus dividendos en efectivo antes de que los dividendos sean utilizados para comprar acciones adicionales. 1040 ez 2013 tax form Pero tal vez pueda deducir el cargo por servicios. 1040 ez 2013 tax form Vea el capítulo 28 para más información sobre la deducción de gastos relativos a la producción de ingresos. 1040 ez 2013 tax form En algunos planes de reinversión de dividendos, se puede invertir más efectivo para comprar acciones a un precio menor del valor justo de mercado. 1040 ez 2013 tax form Si elige hacer esto, tiene que declarar como ingreso de dividendos la diferencia entre el efectivo que invierte y el valor justo de mercado de las acciones que compra. 1040 ez 2013 tax form Al calcular esta cantidad, utilice el valor justo de mercado de las acciones el día del pago del dividendo. 1040 ez 2013 tax form Fondos de Inversión del Mercado Monetario Declare las cantidades que reciba de fondos de inversión del mercado monetario como ingreso de dividendos. 1040 ez 2013 tax form Los fondos de inversión del mercado monetario son una clase de fondo mutuo y no deben ser confundidos con cuentas bancarias del mercado monetario que pagan intereses. 1040 ez 2013 tax form Distribuciones de Ganancias de Capital Las distribuciones de ganancias de capital (se denominan también dividendos de ganancias de capital) le son pagadas a usted o acreditadas a su cuenta por fondos mutuos (u otras sociedades inversionistas reglamentadas) y sociedades de inversión inmobiliaria (REIT, por sus siglas en inglés). 1040 ez 2013 tax form Estas distribuciones se mostrarán en el recuadro 2a del Formulario 1099-DIV que recibe del fondo mutuo o de la sociedad de inversión inmobiliaria. 1040 ez 2013 tax form Declare las distribuciones de ganancias de capital como ganancias de capital a largo plazo independientemente de cuánto tiempo usted haya tenido las acciones en el fondo mutuo o en la sociedad de inversión inmobiliaria. 1040 ez 2013 tax form Ganancias de capital no distribuidas provenientes de fondos mutuos y sociedades de inversión inmobiliaria. 1040 ez 2013 tax form    Algunos fondos mutuos y sociedades de inversión inmobiliaria retienen sus ganancias de capital a largo plazo y pagan impuesto sobre ellas. 1040 ez 2013 tax form Tiene que tratar su parte de estas ganancias como distribuciones, aunque en realidad no las reciba. 1040 ez 2013 tax form Sin embargo, éstas no se incluyen en el Formulario 1099-DIV. 1040 ez 2013 tax form En lugar de esto, a usted se le informa de dichas ganancias en el recuadro 1a del Formulario 2439 (en inglés). 1040 ez 2013 tax form   Declare las ganancias de capital no distribuidas (recuadro 1a del Formulario 2439) como ganancias de capital a largo plazo en la columna (h) en la línea 11 del Anexo D (Formulario 1040). 1040 ez 2013 tax form   Los impuestos pagados sobre estas ganancias por el fondo mutuo o la sociedad de inversión inmobiliaria se pueden ver en el recuadro 2 del Formulario 2439. 1040 ez 2013 tax form Para que el pago de dichos impuestos se le acredite a usted, anótelos en la línea 71 del Formulario 1040 y marque el recuadro “ a ” en esa línea. 1040 ez 2013 tax form Adjunte la Copia B del Formulario 2439 a su declaración y mantenga la Copia C para sus archivos. 1040 ez 2013 tax form Ajuste a la base. 1040 ez 2013 tax form   Aumente la base del fondo mutuo o sus intereses en una sociedad de inversión inmobiliaria por la diferencia entre la ganancia que declare y la cantidad de impuesto pagado que se le acredite a usted. 1040 ez 2013 tax form Información adicional. 1040 ez 2013 tax form   Para más información sobre el trato dado a las distribuciones de fondos mutuos, vea la Publicación 550, en inglés. 1040 ez 2013 tax form Distribuciones que no son Dividendos Una distribución que no sea en forma de dividendo es una distribución que no se paga de los ingresos y ganancias de una sociedad anónima o un fondo mutuo. 1040 ez 2013 tax form Usted debe recibir un Formulario 1099-DIV u otro estado de cuentas mostrándole la distribución que no sea en forma de dividendo. 1040 ez 2013 tax form En el Formulario 1099-DIV, una distribución que no sea en forma de dividendo se mostrará en el recuadro 3. 1040 ez 2013 tax form Si no recibe tal estado de cuentas, declare la distribución como un dividendo ordinario. 1040 ez 2013 tax form Ajuste a la base. 1040 ez 2013 tax form   Una distribución que no sea en forma de dividendo reduce la base de sus acciones. 1040 ez 2013 tax form No se le gravan impuestos hasta que su base en las acciones se recupere por completo. 1040 ez 2013 tax form Esta parte no sujeta a impuestos también se denomina rendimiento de capital. 1040 ez 2013 tax form Es un rendimiento de la inversión en las acciones de la empresa. 1040 ez 2013 tax form Si compra acciones de una sociedad anónima en lotes diferentes y en diferentes ocasiones y no puede identificar definitivamente las acciones sujetas a las distribuciones que no sean en forma de dividendos, reduzca la base de las acciones que compró primero. 1040 ez 2013 tax form   Cuando la base de las acciones haya sido reducida a cero, declare como una ganancia de capital toda distribución adicional que reciba que no sea en forma de dividendos. 1040 ez 2013 tax form Dependiendo de cuánto tiempo haya tenido las acciones, las declara como una ganancia de capital a largo plazo o como una ganancia de capital a corto plazo. 1040 ez 2013 tax form Vea el tema titulado Período de Tenencia , en el capítulo 14. 1040 ez 2013 tax form Ejemplo. 1040 ez 2013 tax form Usted compró acciones en el año 2000 por $100. 1040 ez 2013 tax form En el año 2003, recibió una distribución que no es dividendo de $80. 1040 ez 2013 tax form No incluyó esta cantidad en su ingreso, pero redujo la base de las acciones a $20. 1040 ez 2013 tax form Recibió una distribución que no es dividendo de $30 en el año 2013. 1040 ez 2013 tax form Los primeros $20 de esta cantidad redujeron su base a cero. 1040 ez 2013 tax form Usted declara los otros $10 como ganancia de capital a largo plazo para el año 2013. 1040 ez 2013 tax form Debe declarar como ganancia de capital a largo plazo toda distribución sobre estas acciones que no sea en forma de dividendo que reciba en los siguientes años. 1040 ez 2013 tax form Distribuciones de Liquidación Las distribuciones de liquidación, a veces conocidas como dividendos de liquidación, son distribuciones que se reciben durante una liquidación parcial o completa de una sociedad anónima. 1040 ez 2013 tax form Estas distribuciones son, por lo menos en parte, un tipo de rendimiento del capital. 1040 ez 2013 tax form Pueden pagarse en uno o más plazos. 1040 ez 2013 tax form Usted recibirá un Formulario 1099-DIV de la sociedad anónima mostrándole la cantidad de una distribución de liquidación en el recuadro 8 ó 9. 1040 ez 2013 tax form Para más información sobre las distribuciones de liquidación, vea el capítulo 1 de la Publicación 550, en inglés. 1040 ez 2013 tax form Distribuciones de Acciones y Derechos a Acciones Las distribuciones hechas por una sociedad anónima de sus propias acciones son comúnmente conocidas como dividendos de acciones. 1040 ez 2013 tax form Los derechos a acciones (también conocidos como “opción de compra de acciones”) son distribuciones hechas por una sociedad anónima de derechos para adquirir acciones de la misma. 1040 ez 2013 tax form Por lo general, los dividendos de acciones y los derechos a acciones no están sujetos a impuestos para usted y no los declara en la declaración de impuestos. 1040 ez 2013 tax form Dividendos de acciones y derechos a acciones sujetos a impuestos. 1040 ez 2013 tax form   Las distribuciones de dividendos de acciones y de derechos a acciones están sujetas a impuestos en su caso si se cumple alguna de las siguientes condiciones: Usted o algún otro accionista tiene la opción de recibir dinero en efectivo u otros bienes en vez de recibir acciones o derechos a acciones. 1040 ez 2013 tax form La distribución les da dinero en efectivo u otra propiedad a algunos accionistas y un aumento en el porcentaje de intereses en los bienes o ingresos y ganancias de la sociedad anónima a otros accionistas. 1040 ez 2013 tax form La distribución se puede convertir en acciones preferentes y tiene el mismo resultado que en el punto (2). 1040 ez 2013 tax form La distribución les da acciones preferentes a algunos accionistas dueños de acciones comunes y les da acciones comunes a otros accionistas dueños de acciones comunes. 1040 ez 2013 tax form La distribución es sobre acciones prefe- rentes. 1040 ez 2013 tax form Sin embargo, la distribución no está sujeta a impuestos si es un aumento en la proporción de conversión de las acciones preferentes convertibles hecho solamente para tener en cuenta un dividendo de acciones, un cambio proporcional en la cantidad de acciones de una sociedad anónima o un suceso similar que de otra manera resultaría en la reducción del derecho de conversión. 1040 ez 2013 tax form   El término “acciones” incluye el derecho de adquirir acciones y el término “accionista” incluye al tenedor de derechos o de valores bursátiles convertibles. 1040 ez 2013 tax form Si usted recibe dividendos de acciones o derechos a acciones sujetos a impuesto, incluya en sus ingresos el valor justo de mercado en la fecha de distribución. 1040 ez 2013 tax form Acciones preferentes rescatables por una prima. 1040 ez 2013 tax form   Si tiene acciones preferentes a un precio de rescate más alto que su precio de emisión, la diferencia (la prima de rescate) generalmente está sujeta a impuestos por concepto de una distribución implícita de acciones adicionales sobre acciones preferentes. 1040 ez 2013 tax form Para más información, vea el capítulo 1 de la Publicación 550, en inglés. 1040 ez 2013 tax form Base. 1040 ez 2013 tax form   La base en acciones o derechos a acciones recibidas en una distribución tributable es el valor justo de mercado en el momento que fueron distribuidas. 1040 ez 2013 tax form Si recibe acciones o derechos a acciones que no son tributables a usted, vea el tema titulado Stocks and Bonds (Acciones y bonos) bajo Basis of Investment Property (Base de bienes de inversión), en el capítulo 4 de la Publicación 550, en inglés, para más información sobre cómo calcular la base. 1040 ez 2013 tax form Acciones fraccionarias. 1040 ez 2013 tax form    Es posible que no posea suficientes acciones en una sociedad anónima para recibir una participación completa de las acciones si la sociedad anónima declara un dividendo de acciones. 1040 ez 2013 tax form Sin embargo, con la aprobación de los accionistas, la sociedad anónima podría establecer un plan mediante el cual las acciones fraccionarias no sean emitidas sino que sean vendidas y las ganancias en efectivo se entreguen a los accionistas. 1040 ez 2013 tax form Todo efectivo que reciba por acciones fraccionarias bajo tal clase de plan se considera una cantidad realizada en la venta de las acciones fraccionarias. 1040 ez 2013 tax form Declare esta transacción en el Formulario 8949, Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de bienes de capital), en inglés. 1040 ez 2013 tax form Anote su ganancia o pérdida, la diferencia entre el efectivo que usted recibe y la base de las acciones fraccionarias vendidas en la columna (h) del Anexo D (Formulario 1040) en la Parte I o Parte II, la que corresponda. 1040 ez 2013 tax form    Declare esta transacción en el Formulario 8949 marcando el recuadro correcto. 1040 ez 2013 tax form   Para más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), vea el capítulo 4 de la Publicación 550. 1040 ez 2013 tax form También vea las instrucciones para el Formulario 8949 y las instruccinoes para el Anexo D (Formulario 1040). 1040 ez 2013 tax form Ejemplo. 1040 ez 2013 tax form Usted es dueño de una acción común que compró el 3 de enero de 2004 por $100. 1040 ez 2013 tax form La sociedad anónima declaró un dividendo de acciones comunes del 5% el 29 de junio de 2013. 1040 ez 2013 tax form El valor justo de mercado de las acciones en el momento en que se declaró el dividendo de acciones era $200. 1040 ez 2013 tax form A usted le pagaron $10 por el dividendo de acciones fraccionarias bajo un plan descrito en la sección titulada Acciones fraccionarias. 1040 ez 2013 tax form Usted calcula su ganancia o pérdida de la manera siguiente: Valor justo de mercado de las acciones antiguas $200. 1040 ez 2013 tax form 00 Valor justo de mercado del dividendo de acciones (efectivo recibido) +10. 1040 ez 2013 tax form 00 Valor justo de mercado de las acciones antiguas y del dividendo de acciones $210. 1040 ez 2013 tax form 00 Base (costo) de las acciones antiguas después del dividendo de acciones (($200 ÷ $210) × $100) $95. 1040 ez 2013 tax form 24 Base (costo) del dividendo de acciones (($10 ÷ $210) × $100) + 4. 1040 ez 2013 tax form 76 Total $100. 1040 ez 2013 tax form 00 Efectivo recibido $10. 1040 ez 2013 tax form 00 Base (costo) del dividendo de acciones − 4. 1040 ez 2013 tax form 76 Ganancia $5. 1040 ez 2013 tax form 24 Debido a que había tenido la acción por más de 1 año en el momento en que se declaró el dividendo de acciones, su ganancia en el dividendo de acciones es una ganancia de capital a largo plazo. 1040 ez 2013 tax form Certificado de dividendo diferido. 1040 ez 2013 tax form   Una sociedad anónima que declara un dividendo de acciones podría emitirle a usted un certificado de dividendo de acciones diferido que le da el derecho a acciones fraccionarias. 1040 ez 2013 tax form El certificado no suele estar sujeto a impuestos cuando usted lo recibe. 1040 ez 2013 tax form Si elige que la sociedad anónima venda el certificado por usted y le entregue las ganancias, su ganancia o pérdida es la diferencia entre las ganancias y la parte de su base en las acciones de la sociedad anónima asignada en el certificado. 1040 ez 2013 tax form   No obstante, si recibe un certificado de dividendo de acciones diferido y puede optar por rescatarlo por efectivo en vez de acciones, el certificado está sujeto a impuestos cuando lo reciba. 1040 ez 2013 tax form Tiene que incluir en sus ingresos el valor justo de mercado del certificado en la fecha en que lo recibió. 1040 ez 2013 tax form Otras Distribuciones Usted podría recibir alguna de las siguientes distribuciones durante el año. 1040 ez 2013 tax form Dividendos con intereses exentos. 1040 ez 2013 tax form   Los dividendos que producen intereses exentos de impuestos que recibe de un fondo mutuo u otra compañía de inversiones reglamentada, incluyendo aquellos recibidos de un fondo calificado en cualquier año tributario que comience después del 22 de diciembre del 2010, no se incluyen en los ingresos sujetos a impuestos. 1040 ez 2013 tax form Los dividendos con intereses exentos deben aparecer en el recuadro 10 del Formulario 1099-DIV. 1040 ez 2013 tax form Requisito de declarar ciertos datos. 1040 ez 2013 tax form   Aunque los dividendos con intereses exentos no están sujetos a impuestos, tiene que informar de los mismos en la declaración de impuestos si tiene que presentar una declaración. 1040 ez 2013 tax form Esto es un requisito de declarar datos y no hace que dichos dividendos con intereses exentos se cambien a ingresos sujetos a impuestos. 1040 ez 2013 tax form Tratamiento del impuesto mínimo alternativo. 1040 ez 2013 tax form   Los dividendos que produzcan intereses exentos y que se hayan pagado de bonos de actividad privada especificados podrían estar sujetos al impuesto mínimo alternativo. 1040 ez 2013 tax form Vea el tema titulado Impuesto Mínimo Alternativo (AMT) en el capítulo 30 para más información. 1040 ez 2013 tax form Dividendos de pólizas de seguro. 1040 ez 2013 tax form    Los dividendos de pólizas de seguro que el asegurador retiene y utiliza para pagar sus primas no están sujetos a impuestos. 1040 ez 2013 tax form No obstante, tiene que declarar como ingreso de intereses sujeto a impuestos los intereses que se paguen o acrediten sobre los dividendos dejados con la compañía de seguros. 1040 ez 2013 tax form    Si los dividendos de un contrato de seguros (que no sea un contrato de seguro dotal modificado) le son distribuidos a usted, éstos son una devolución parcial de las primas que usted pagó. 1040 ez 2013 tax form No los incluya en su ingreso bruto hasta que sean mayores al total de todas las primas netas que usted pagó por el contrato. 1040 ez 2013 tax form Declare todas las distribuciones sujetas a impuestos de pólizas de seguro en la línea 21 del Formulario 1040. 1040 ez 2013 tax form Dividendos del seguro para veteranos. 1040 ez 2013 tax form   Los dividendos que reciba de pólizas de seguro para veteranos no están sujetos a impuestos. 1040 ez 2013 tax form Además, los intereses de dividendos dejados en depósito con el Department of Veterans Affairs (Departamento de Asuntos de Veteranos) no están sujetos a impuestos. 1040 ez 2013 tax form Dividendos de patrocinio. 1040 ez 2013 tax form   Generalmente, los dividendos de patrocinio que reciba en dinero de una organización cooperativa están incluidos en sus ingresos. 1040 ez 2013 tax form   No incluya en sus ingresos dividendos de patrocinio que reciba por: Propiedad comprada para uso personal o Bienes de capital o propiedad depreciable comprados para uso en su negocio. 1040 ez 2013 tax form Pero tiene que reducir la base (costo) de los artículos comprados. 1040 ez 2013 tax form Si el dividendo es mayor a la base ajustada de los bienes, deberá declarar el exceso como ingreso. 1040 ez 2013 tax form   Estas reglas son las mismas independientemente de si la cooperativa que paga el dividendo es una cooperativa sujeta a impuestos o no. 1040 ez 2013 tax form Dividendos del Alaska Permanent Fund (Fondo Permanente de Alaska). 1040 ez 2013 tax form    No declare las cantidades que reciba del Alaska Permanent Fund como dividendos. 1040 ez 2013 tax form Declare estas cantidades en la línea 21 del Formulario 1040, la línea 13 del Formulario 1040A o la línea 3 del Formulario 1040EZ. 1040 ez 2013 tax form Cómo Declarar el Ingreso de Dividendos Por lo general, se puede utilizar el Formulario 1040 o el Formulario 1040A para declarar el ingreso de dividendos. 1040 ez 2013 tax form Declare el total de sus dividendos ordinarios en la línea 9a del Formulario 1040 o del Formulario 1040A. 1040 ez 2013 tax form Declare los dividendos calificados en la línea 9b del Formulario 1040 o el Formulario 1040A. 1040 ez 2013 tax form Si recibe una distribución de ganancias de capital, quizás pueda utilizar el Formulario 1040A o quizás tenga que utilizar el Formulario 1040. 1040 ez 2013 tax form Vea Excepciones a la presentación del Formulario 8949 y el Anexo D (Formulario 1040) , en el capítulo 16. 1040 ez 2013 tax form Si recibe distribuciones que no son dividendos pero que deben declararse como ganancias de capital, tendrá que utilizar el Formulario 1040. 1040 ez 2013 tax form No puede utilizar el Formulario 1040EZ si recibe ingresos de dividendos. 1040 ez 2013 tax form Formulario 1099-DIV. 1040 ez 2013 tax form   Si era dueño de acciones por las cuales ha recibido $10 o más por concepto de dividendos y otras distribuciones, deberá recibir un Formulario 1099-DIV. 1040 ez 2013 tax form Aun si no recibe un Formulario 1099-DIV, tiene que declarar todo su ingreso de dividendos. 1040 ez 2013 tax form   Vea el Formulario 1099-DIV para más información sobre cómo declarar el ingreso de dividendos. 1040 ez 2013 tax form Formulario 1040A o 1040. 1040 ez 2013 tax form    Tiene que completar la Parte II del Anexo B (Formulario 1040A o 1040) y adjuntarlo al Formulario 1040A o 1040, si: Sus dividendos ordinarios (el recuadro 1a del Formulario 1099-DIV) son mayores de $1,500 o Recibió, como nominatario, dividendos que en realidad le pertenecen a otra persona. 1040 ez 2013 tax form Si sus dividendos ordinarios son mayores de $1,500, usted también tiene que completar la Parte III del Anexo B (Formulario 1040 o 1040A). 1040 ez 2013 tax form   Escriba en la línea 5, Parte II del Anexo B, el nombre de cada pagador y los dividendos ordinarios que usted recibió. 1040 ez 2013 tax form Si sus valores bursátiles están a nombre de una empresa de corretaje (conocido en inglés como “ street name ”), escriba el nombre de la empresa de corretaje mostrado en el Formulario 1099-DIV como pagador. 1040 ez 2013 tax form Si sus acciones están a nombre de un nominatario que es el titular registrado, y el nominatario es el que le acredita o paga a usted los dividendos de las acciones, escriba el nombre del nominatario y los dividendos que recibió o que le fueron acreditados. 1040 ez 2013 tax form   Anote en la línea 6 el total de las cantidades que aparecen en la línea 5. 1040 ez 2013 tax form Anote también este total en la línea 9a del Formulario 1040 o del Formulario 1040A. 1040 ez 2013 tax form Dividendos calificados. 1040 ez 2013 tax form   Declare los dividendos calificados (el recuadro 1b del Formulario 1099-DIV) en la línea 9b del Formulario 1040 o del Formulario 1040A. 1040 ez 2013 tax form La cantidad del recuadro 1b ya se incluye en el recuadro 1a. 1040 ez 2013 tax form No añada ni reste la cantidad del recuadro 1b a la cantidad del recuadro 1a. 1040 ez 2013 tax form    No incluya ninguno de los siguientes en la línea 9b: Dividendos calificados que recibió como nominatario. 1040 ez 2013 tax form Vea el tema titulado Nominees (Nominatarios), bajo How to Report Dividend Income (Cómo se declara el ingreso de dividendos), en el capítulo 1 de la Publicación 550, en inglés. 1040 ez 2013 tax form Dividendos de acciones por las cuales usted no cumplió el período de tenencia. 1040 ez 2013 tax form Vea el tema titulado Período de tenencia , anteriormente, bajo la sección titulada Dividendos Calificados. 1040 ez 2013 tax form Dividendos sobre todas las acciones hasta el punto que usted esté obligado (ya sea por venta al descubierto o de otra manera) a hacer pagos afines por posiciones en bienes sustancialmente similares o relacionados. 1040 ez 2013 tax form Pagos en lugar de dividendos, pero sólo si usted sabe o tiene razón de saber que los pagos no son dividendos calificados. 1040 ez 2013 tax form Pagos mostrados en el recuadro 1b del Formulario 1099-DIV de una sociedad anónima extranjera hasta el punto donde sepa o tenga razón de saber que los pagos no son dividendos calificados. 1040 ez 2013 tax form   Si tiene dividendos calificados, tiene que calcular el impuesto completando la hoja Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo de impuestos sobre dividendos calificados y ganancias de capital) de las Instrucciones para el Formulario 1040 o el Formulario 1040A, o Schedule D Tax Worksheet (Hoja de trabajo de impuestos del Anexo D) de las Instrucciones del Anexo D del Formulario 1040, en inglés, según corresponda. 1040 ez 2013 tax form Anote los dividendos calificados en la línea 2 de la hoja de trabajo. 1040 ez 2013 tax form Deducción de los intereses de inversiones. 1040 ez 2013 tax form   Si declara una deducción por intereses de inversiones, quizás tenga que reducir sus dividendos que cumplan los requisitos de la tasa impositiva del 0%, 15% o 20%. 1040 ez 2013 tax form Redúzcala por la cantidad de dividendos calificados que elija incluir en el ingreso de inversiones al calcular el límite de la deducción de los intereses de inversiones. 1040 ez 2013 tax form Esto se hace en la hoja Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo de impuestos sobre dividendos calificados y ganancias de capital) o en la hoja Schedule D Tax Worksheet (Hoja de trabajo de impuestos del Anexo D). 1040 ez 2013 tax form Para más información sobre el límite de intereses de inversión, vea Gastos de inversión en el capítulo 23. 1040 ez 2013 tax form Gastos relacionados con el ingreso de dividendos. 1040 ez 2013 tax form   Es posible que pueda deducir los gastos relacionados con el ingreso de dividendos si detalla sus deducciones en el Anexo A (Formulario 1040). 1040 ez 2013 tax form Vea el capítulo 28 para obtener información general sobre la deducción de gastos relativos a la producción de ingresos. 1040 ez 2013 tax form Más información. 1040 ez 2013 tax form    Para más información sobre cómo declarar el ingreso de dividendos, vea el capítulo 1 de la Publicación 550, en inglés, o las instrucciones para el formulario que tiene que presentar. 1040 ez 2013 tax form Prev  Up  Next   Home   More Online Publications