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1040x for dummies Publication 561 - Introductory Material Table of Contents IntroductionOrdering forms and publications. 1040x for dummies Tax questions. 1040x for dummies Useful Items - You may want to see: Introduction This publication is designed to help donors and appraisers determine the value of property (other than cash) that is given to qualified organizations. 1040x for dummies It also explains what kind of information you must have to support the charitable contribution deduction you claim on your return. 1040x for dummies This publication does not discuss how to figure the amount of your deduction for charitable contributions or written records and substantiation required. 1040x for dummies See Publication 526, Charitable Contributions, for this information. 1040x for dummies Comments and suggestions. 1040x for dummies   We welcome your comments about this publication and your suggestions for future editions. 1040x for dummies   You can write to us at the following address: Internal Revenue Service Individual Forms and Publications Branch SE:W:CAR:MP:T:I 1111 Constitution Ave. 1040x for dummies NW, IR-6406 Washington, DC 20224   We respond to many letters by telephone. 1040x for dummies Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. 1040x for dummies   You can email us at *taxforms@irs. 1040x for dummies gov. 1040x for dummies (The asterisk must be included in the address. 1040x for dummies ) Please put “Publications Comment” on the subject line. 1040x for dummies Although we cannot respond individually to each email, we do appreciate your feedback and will consider your comments as we revise our tax products. 1040x for dummies Ordering forms and publications. 1040x for dummies   Visit www. 1040x for dummies irs. 1040x for dummies gov/formspubs to download forms and publications, call 1-800-829-3676, or write to the address below and receive a response within 10 business days after your request is received. 1040x for dummies National Distribution Center P. 1040x for dummies O. 1040x for dummies Box 8903 Bloomington, IL 61702-8903 Tax questions. 1040x for dummies   If you have a tax question, visit www. 1040x for dummies irs. 1040x for dummies gov or call 1-800-829-1040. 1040x for dummies We cannot answer tax questions sent to either of the above addresses. 1040x for dummies Useful Items - You may want to see: Publication 526 Charitable Contributions Form (and Instructions) 8282Donee Information Return 8283Noncash Charitable Contributions 8283-VPayment Voucher for Filing Fee Under Section 170(f)(13) See How To Get Tax Help, near the end of this publication, for information about getting these publications and forms. 1040x for dummies Prev  Up  Next   Home   More Online Publications
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Tax Relief for Victims of Aug. 30 Wildfires in Texas

IRS e-File to Remain Open through Oct. 31 for Victims of Texas Wildfires

Updated 10/11/11 to include Navarro county.
Updated 9/29/11 to include Anderson, Caldwell, Fayette, Henderson, Hill and Rusk counties.
Updated 9/27/11 to include Harrison, Smith and Upshur counties.
Updated 9/20/11 to include Cass and Marion counties.
Updated 9/19/11 to include Gregg, Grimes, Montgomery, Walker and Waller counties.
Updated 9/15/11 to include Colorado, Houston, Leon, Travis and Williamson counties.

TX-2011-64, Sept. 12, 2011

HOUSTON — Victims of wildfires that began on Aug. 30, 2011 in parts of Texas may qualify for tax relief from the Internal Revenue Service.

The President has declared the following counties a federal disaster area: Anderson, Bastrop, Caldwell, Cass, Colorado, Fayette, Gregg, Grimes, Harrison, Henderson, Hill, Houston, Leon, Marion, Montgomery, Navarro, Rusk, Smith, Travis, Upshur, Walker, Waller and Williamson. Individuals who reside or have a business in these counties may qualify for tax relief.

The declaration permits the IRS to postpone certain deadlines for taxpayers who reside or have a business in the disaster area. For instance, certain deadlines falling on or after Aug. 30 and on or before Oct. 31 have been postponed to Oct. 31. This includes corporations and other businesses that previously obtained an extension until Sept. 15 to file their 2010 returns, and individuals and businesses that received a similar extension until Oct. 17. It also includes the estimated tax payment for the third quarter, normally due Sept. 15.

In addition, the IRS is waiving the failure-to-deposit penalties for employment and excise tax deposits due on or after Aug. 30 and on or before Sept. 14, 2011, as long as the deposits were made by Sept. 14, 2011.

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

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

Covered Disaster Area

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

Affected Taxpayers

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

Grant of Relief

Under section 7508A, the IRS gives affected taxpayers until Oct. 31 to file most tax returns (including individual, corporate, and estate and trust income tax returns; partnership returns, S corporation returns, and trust returns; estate, gift, and generation-skipping transfer tax returns; and employment and certain excise tax returns), or to make tax payments, including estimated tax payments, that have either an original or extended due date occurring on or after Aug. 30 and on or before Oct. 31.

The IRS also gives affected taxpayers until Oct. 31 to perform other time-sensitive actions described in Treas. Reg. § 301.7508A-1(c)(1) and Rev. Proc. 2007-56, 2007-34 I.R.B. 388 (Aug. 20, 2007), that are due to be performed on or after Aug. 30 and on or before Oct. 31.

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

The postponement of time to file and pay does not apply to information returns in the W-2, 1098, 1099 series, or to Forms 1042-S or 8027. Penalties for failure to timely file information returns can be waived under existing procedures for reasonable cause. Likewise, the postponement does not apply to employment and excise tax deposits. The IRS, however, will abate penalties for failure to make timely employment and excise tax deposits due on or after Aug. 30 and on or before Sept. 14 provided the taxpayer made these deposits by Sept. 14.

Casualty Losses

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

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

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

Other Relief

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

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

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

Related Information

Page Last Reviewed or Updated: 24-Mar-2014

The 1040x For Dummies

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Exempt transactions, Exempt Transactions, Services received at reduced or no cost. 1040x for dummies Failure to file Form 8606, Penalty for failure to file Form 8606. 1040x for dummies Overstatement of nondeductible contributions, Penalty for overstatement. 1040x for dummies Prohibited transactions, Prohibited Transactions, Services received at reduced or no cost. 1040x for dummies Reporting, Reporting Additional Taxes SIMPLE IRAs, Additional Tax on Early Distributions Phaseout of deduction, Deduction Phaseout Pledging account as security, Pledging an account as security. 1040x for dummies Prohibited transactions, Prohibited Transactions, Services received at reduced or no cost. 1040x for dummies Taxes on, Taxes on prohibited transactions. 1040x for dummies Publications (see Tax help) Q Qualified charitable distributions, Qualified charitable distributions. 1040x for dummies Qualified domestic relations orders (QDROs), Qualified domestic relations order. 1040x for dummies Qualified settlement income, Rollover of Exxon Valdez Settlement Income , Rollover of Exxon Valdez Settlement Income R Recapture tax Changes in distribution method, Recapture tax for changes in distribution method under equal payment exception. 1040x for dummies Receivership distributions, Receivership distributions. 1040x for dummies Recharacterization, Recharacterizations, More than one IRA. 1040x for dummies Determining amount of net income due to contribution and total amount to be recharacterized (Worksheet 1-3), Worksheet 1-3. 1040x for dummies Determining the Amount of Net Income Due To an IRA Contribution and Total Amount To Be Recharacterized Reporting, Reporting a Recharacterization SIMPLE employer contributions, Recharacterizing employer contributions. 1040x for dummies Timing of, Timing. 1040x for dummies Reconversion, Reconversions Recordkeeping requirements Traditional IRAs, Nondeductible Contributions Reporting Additional taxes, Reporting Additional Taxes Deductible contributions, Reporting Deductible Contributions Nontaxable distribution on Form 8606, Reporting your nontaxable distribution on Form 8606. 1040x for dummies Recharacterization, Reporting a Recharacterization Rollovers From employer plans, Reporting rollovers from employer plans. 1040x for dummies From IRAs, Reporting rollovers from IRAs. 1040x for dummies Taxable amounts, Reporting and Withholding Requirements for Taxable Amounts Taxable distributions, Reporting taxable distributions on your return. 1040x for dummies Required beginning date, Distributions after the required beginning date. 1040x for dummies Required minimum distribution, Reminders, When Must You Withdraw Assets? (Required Minimum Distributions), Annuity distributions from an insurance company. 1040x for dummies Distribution period, Distribution period. 1040x for dummies During lifetime, Distributions during your lifetime. 1040x for dummies Figuring, Figuring the Owner's Required Minimum Distribution For beneficiary, Figuring the Beneficiary's Required Minimum Distribution Table to use, Which Table Do You Use To Determine Your Required Minimum Distribution? In year of owner's death, Distributions in the year of the owner's death. 1040x for dummies Installments allowed, Installments allowed. 1040x for dummies More than one IRA, More than one IRA. 1040x for dummies Sole beneficiary spouse who is more than 10 years younger, Sole beneficiary spouse who is more than 10 years younger. 1040x for dummies Reservists, Reservists. 1040x for dummies Qualified reservist distribution, Qualified reservist distributions. 1040x for dummies Qualified reservist repayments, Qualified reservist repayments. 1040x for dummies Retirement bonds (see Individual retirement bonds) Retirement savings contributions credit, Retirement Savings Contributions Credit (Saver's Credit), How to figure and report the credit. 1040x for dummies Rollovers, Rollovers, Reporting rollovers from employer plans. 1040x for dummies Airline payments, Rollover of Airline Payments Amount, Amount. 1040x for dummies Choosing an option (Table 1-5), Table 1-5. 1040x for dummies Comparison of Payment to You Versus Direct Rollover Completed after 60-day period, Rollovers completed after the 60-day period. 1040x for dummies Conduit IRAs, IRA as a holding account (conduit IRA) for rollovers to other eligible plans. 1040x for dummies Direct rollover option, Direct rollover option. 1040x for dummies Extension of period, Extension of rollover period. 1040x for dummies From bond purchase plan, Rollover from bond purchase plan. 1040x for dummies From employer's plan into a Roth IRA, Rollover From Employer's Plan Into a Roth IRA From employer's plan into an IRA, Rollover From Employer's Plan Into an IRA From Keogh plans, Keogh plans and rollovers. 1040x for dummies From one IRA into another, Rollover From One IRA Into Another From Roth IRAs, Rollover From a Roth IRA From traditional IRA, Kinds of rollovers from a traditional IRA. 1040x for dummies Inherited IRAs, Inherited IRAs. 1040x for dummies Nonspouse beneficiary, Rollover by nonspouse beneficiary. 1040x for dummies Notice, Rollover notice. 1040x for dummies Partial, Partial rollovers. 1040x for dummies , Partial rollover. 1040x for dummies SIMPLE IRAs, Rollovers and Transfers Exception Tax treatment of rollover from traditional IRA to eligible retirement plan other than an IRA, Tax treatment of a rollover from a traditional IRA to an eligible retirement plan other than an IRA. 1040x for dummies Time limit, Time Limit for Making a Rollover Contribution To Roth IRAs, Conversion methods. 1040x for dummies To traditional IRA, Kinds of rollovers to a traditional IRA. 1040x for dummies Waiting period between, Waiting period between rollovers. 1040x for dummies , No waiting period between rollovers. 1040x for dummies Withholding (see Withholding) Roth IRAs, Roth IRAs, Distributions After Owner's Death Age limit, Is there an age limit for contributions? Contribution limit reduced, Contribution limit reduced. 1040x for dummies Contributions, Can You Contribute to a Roth IRA?, Applying excess contributions. 1040x for dummies Timing of, When Can You Make Contributions? To traditional IRAs and to Roth IRAs, Roth IRAs and traditional IRAs. 1040x for dummies Conversion, Converting From Any Traditional IRA Into a Roth IRA, Conversion by rollover from traditional to Roth IRA. 1040x for dummies , Recharacterizing to a SEP IRA or SIMPLE IRA. 1040x for dummies , Conversions Defined, What Is a Roth IRA? Distributions, Are Distributions Taxable?, How Do You Figure the Taxable Part? After death of owner, Distributions After Owner's Death Insufficient, Distributions After Owner's Death Ordering rules for, Ordering Rules for Distributions Early distributions, Additional Tax on Early Distributions Excess accumulations, Distributions After Owner's Death Excess contributions, What if You Contribute Too Much? Figuring taxable part, How Do You Figure the Taxable Part? Losses, Recognizing Losses on Investments Modified AGI Effect on contribution amount (Table 2-1), Table 2-1. 1040x for dummies Effect of Modified AGI on Roth IRA Contribution Figuring (Worksheet 2-1), Worksheet 2-1. 1040x for dummies Modified Adjusted Gross Income for Roth IRA Purposes Rollovers from, Rollover From a Roth IRA Setting up, When Can a Roth IRA Be Opened? Spouse, Can you contribute to a Roth IRA for your spouse? Traditional IRAs converted into, Converting From Any Traditional IRA Into a Roth IRA Withdrawing or using assets, Must You Withdraw or Use Assets? S Salary reduction arrangement, What Is a SIMPLE Plan? Savings Incentive Match Plans for Employees (see SIMPLE IRAs) Section 501(c)(18) plan, General Limit, Kay Bailey Hutchison Spousal IRA Limit Self-employed persons Deductible contributions, Self-employed. 1040x for dummies Income of, Self-employment income. 1040x for dummies SIMPLE plans, Self-employed individual. 1040x for dummies SEP IRAs Recharacterizing to, Recharacterizing to a SEP IRA or SIMPLE IRA. 1040x for dummies Separated taxpayers Filing status of, Lived apart from spouse. 1040x for dummies Servicemembers group life insurance, Military Death Gratuities and Servicemembers' Group Life Insurance (SGLI) Payments Services received at reduced or no cost, Services received at reduced or no cost. 1040x for dummies SIMPLE IRAs, Savings Incentive Match Plans for Employees (SIMPLE), Two-year rule. 1040x for dummies Contributions, How Are Contributions Made?, How Much Can Be Contributed on Your Behalf? Conversion from, Converting from a SIMPLE IRA. 1040x for dummies Distributions, Are Distributions Taxable? Early distributions, , Additional Tax on Early Distributions Eligible employees, Eligible Employees Penalties, Additional Tax on Early Distributions Recharacterizing to, Recharacterizing to a SEP IRA or SIMPLE IRA. 1040x for dummies Rollovers, Rollovers and Transfers Exception Salary reduction contribution limits, Salary reduction contributions limit. 1040x for dummies Self-employed persons, Self-employed individual. 1040x for dummies SIMPLE plan, defined, What Is a SIMPLE Plan? Traditional IRA, mistakenly moved to, Traditional IRA mistakenly moved to SIMPLE IRA. 1040x for dummies , Traditional IRA mistakenly moved to SIMPLE IRA. 1040x for dummies Two-year rule, Two-year rule. 1040x for dummies Withdrawing or using assets, When Can You Withdraw or Use Assets? Simplified employee pensions (SEPs), Simplified Employee Pension (SEP) Social Security recipients, Social Security Recipients Spousal IRAs (see Kay Bailey Hutchison Spousal IRAs or Inherited IRAs) Students Education expenses, Higher education expenses. 1040x for dummies Retirement savings contributions credit, Full-time student. 1040x for dummies Surviving spouse, Surviving spouse. 1040x for dummies , Surviving spouse. 1040x for dummies Rollovers by, Distributions received by a surviving spouse. 1040x for dummies T Tables Modified AGI Employer retirement plan coverage and deduction (Table 1-2), Table 1-2. 1040x for dummies Effect of Modified AGI1 on Deduction if You Are Covered by a Retirement Plan at Work No employer retirement plan coverage and deduction (Table 1-3), Table 1-3. 1040x for dummies Effect of Modified AGI1 on Deduction if You Are NOT Covered by a Retirement Plan at Work Roth IRAs, effect on contribution (Table 2-1), Table 2-1. 1040x for dummies Effect of Modified AGI on Roth IRA Contribution Rollover vs. 1040x for dummies direct payment to taxpayer (Table 1-5), Table 1-5. 1040x for dummies Comparison of Payment to You Versus Direct Rollover Using this publication (Table I-1), Table I-1. 1040x for dummies Using This Publication Tax advantages of IRAs, What are some tax advantages of an IRA? Tax credits Retirement savings contributions credit, Retirement Savings Contributions Credit (Saver's Credit), How to figure and report the credit. 1040x for dummies Tax help, How To Get Tax Help Tax year, Tax year. 1040x for dummies Tax-sheltered annuities Rollovers from, Distribution from a tax-sheltered annuity. 1040x for dummies Traditional IRAs, Traditional IRAs, Form 5329 not required. 1040x for dummies Age 59 1/2 rule, Age 59½ Rule Contribution limits, How Much Can Be Contributed?, More Than Maximum Contributions Contributions, How Much Can Be Contributed?, More Than Maximum Contributions Due date, Contributions must be made by due date. 1040x for dummies To Roth IRAs and to traditional IRAs, Roth IRAs and traditional IRAs. 1040x for dummies Converting into Roth IRA, Converting From Any Traditional IRA Into a Roth IRA Cost basis, Cost basis. 1040x for dummies Deductions, How Much Can You Deduct?, Examples — Worksheet for Reduced IRA Deduction for 2013 Defined, Introduction Disclosures, Required Disclosures Excess contributions, Excess Contributions Inherited IRAs, What if You Inherit an IRA?, More information. 1040x for dummies Loss of IRA status, Loss of IRA status. 1040x for dummies Losses, Recognizing Losses on Traditional IRA Investments Mistakenly moved to SIMPLE IRA, Traditional IRA mistakenly moved to SIMPLE IRA. 1040x for dummies , Traditional IRA mistakenly moved to SIMPLE IRA. 1040x for dummies Recordkeeping, Nondeductible Contributions Reduced IRA deduction for 2013, Examples — Worksheet for Reduced IRA Deduction for 2013 Rollovers (see Rollovers) Setting up, Who Can Open a Traditional IRA?, Required Disclosures Social Security recipients, Social Security Recipients Transfers, Can You Move Retirement Plan Assets? Types of, Kinds of traditional IRAs. 1040x for dummies Withdrawing or using assets, When Can You Withdraw or Use Assets?, Excess Contributions Tax Transfers, Can You Move Retirement Plan Assets? Divorce, Transfers Incident To Divorce To Roth IRAs, Transfers to Roth IRAs. 1040x for dummies , Can You Move Amounts Into a Roth IRA? Trustee to trustee, Trustee-to-Trustee Transfer, Conversion methods. 1040x for dummies Trustee-to-trustee transfers, Trustee-to-Trustee Transfer To Roth IRAs, Conversion methods. 1040x for dummies Trustees' fees, Trustees' fees. 1040x for dummies , Trustees' fees. 1040x for dummies Trusts As beneficiary, Trust as beneficiary. 1040x for dummies TTY/TDD information, How To Get Tax Help Two-year rule SIMPLE IRAs, Two-year rule. 1040x for dummies U Unreimbursed medical expenses, Unreimbursed medical expenses. 1040x for dummies V Volunteer firefighters, Volunteer firefighters. 1040x for dummies W Withdrawing or using assets Contribution withdrawal, before due date of return, Contributions Returned Before Due Date of Return Roth IRAs, Must You Withdraw or Use Assets? SIMPLE IRAs, When Can You Withdraw or Use Assets? Traditional IRAs, When Can You Withdraw or Use Assets?, Excess Contributions Tax Withholding, Reporting and Withholding Requirements for Taxable Amounts, Withholding. 1040x for dummies Direct rollover option, Withholding. 1040x for dummies Eligible rollover distribution paid to taxpayer, Withholding requirement. 1040x for dummies Worksheets Figuring amount of net income due to IRA contribution and total amount to be recharacterized (Worksheet 1-3), Worksheet 1-3. 1040x for dummies Determining the Amount of Net Income Due To an IRA Contribution and Total Amount To Be Recharacterized Figuring modified AGI (Worksheet 1-1), Worksheet 1-1. 1040x for dummies Figuring Your Modified AGI Roth IRAs Figuring modified AGI (Worksheet 2-1), Worksheet 2-1. 1040x for dummies Modified Adjusted Gross Income for Roth IRA Purposes Prev  Up     Home   More Online Publications