Filing Your Taxes Online is Fast, Easy and Secure.
Start now and receive your tax refund in as little as 7 days.

1. Get Answers

Your online questions are customized to your unique tax situation.

2. Maximize your Refund

Find tax credits for everything from school tuition to buying a hybri

3. E-File for FREE

E-file free with direct deposit to get your refund in as few as 7 days.

Filing your taxes with paper mail can be difficult and it could take weeks for your refund to arrive. IRS e-file is easy, fast and secure. There is no paperwork going to the IRS so tax refunds can be processed in as little as 7 days with direct deposit. As you prepare your taxes online, you can see your tax refund in real time.

FREE audit support and representation from an enrolled agent – NEW and only from H&R Block

40 Ez Form

Filing Income Tax For 2012Can I File An Amended Tax ReturnDownload State Tax Forms Free1040ez Instruction Book1040a 2011 Tax FormWhen To File 1040x2012 Tax Software DownloadFiling State Tax Return Only1040x InstructionsHow To File My 2011 TaxesIrs 2011 Tax ReturnIrs 2012 Tax Forms 1040ez2010 Form 1040ez InstructionsTurbotax 2011 Free Federal EditionWww Irs Gov Amended Tax ReturnIrs Forms 1040xAmending A 2011 Tax ReturnWhere To File 2009 Tax Return1040ez Tax Forms DownloadsAmend Federal Tax Return2011 Tax Forms 1040ez2012 Federal Tax FormsInstructions For 1040xTurbotax 2010 DownloadFree Tax ServiceH R Block 1040xMilitary Turbo TaxTaxes Free OnlineAmend Taxes OnlineAmended Tax Return FormWhere Can I File My 2011 Taxes For FreeFree 2012 E FileIrs 2011 Taxes OnlineEz Forms 2013Free Tax FilingFree State Tax E FilingIrs RefundEfileFree Turbotax 20112010 New Car Tax Credit

40 Ez Form

40 ez form 5. 40 ez form   Taxes Table of Contents What's New Introduction Topics - This chapter discusses: Useful Items - You may want to see: When To Deduct Taxes Real Estate TaxesSeparate elections. 40 ez form Making the election. 40 ez form Form 3115. 40 ez form Income TaxesAccrual of contested income taxes. 40 ez form Employment Taxes Other TaxesAdditional Medicare Tax. 40 ez form What's New Additional Medicare Tax. 40 ez form  Beginning in 2013, you must withhold a 0. 40 ez form 9% Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. 40 ez form Also, self-employed individuals may be required to pay Additional Medicare Tax on self-employment income. 40 ez form See Employment Taxes , and Self-employment tax , later. 40 ez form Introduction You can deduct various federal, state, local, and foreign taxes directly attributable to your trade or business as business expenses. 40 ez form You cannot deduct federal income taxes, estate and gift taxes, or state inheritance, legacy, and succession taxes. 40 ez form Topics - This chapter discusses: When to deduct taxes Real estate taxes Income taxes Employment taxes Other taxes Useful Items - You may want to see: Publication 15 (Circular E), Employer's Tax Guide 334 Tax Guide for Small Business 510 Excise Taxes 538 Accounting Periods and Methods 551 Basis of Assets Form (and Instructions) Sch A (Form 1040) Itemized Deductions Sch SE (Form 1040) Self-Employment Tax 3115 Application for Change in Accounting Method 8959 Additional Medicare Tax See chapter 12 for information about getting publications and forms. 40 ez form When To Deduct Taxes Generally, you can only deduct taxes in the year you pay them. 40 ez form This applies whether you use the cash method or an accrual method of accounting. 40 ez form Under an accrual method, you can deduct a tax before you pay it if you meet the exception for recurring items discussed under Economic Performance in Publication 538. 40 ez form You can also elect to ratably accrue real estate taxes as discussed later under Real Estate Taxes . 40 ez form Limit on accrual of taxes. 40 ez form   A taxing jurisdiction can require the use of a date for accruing taxes that is earlier than the date it originally required. 40 ez form However, if you use an accrual method, and can deduct the tax before you pay it, use the original accrual date for the year of change and all future years to determine when you can deduct the tax. 40 ez form Example. 40 ez form Your state imposes a tax on personal property used in a trade or business conducted in the state. 40 ez form This tax is assessed and becomes a lien as of July 1 (accrual date). 40 ez form In 2013, the state changed the assessment and lien dates from July 1, 2014, to December 31, 2013, for property tax year 2014. 40 ez form Use the original accrual date (July 1, 2014) to determine when you can deduct the tax. 40 ez form You must also use the July 1 accrual date for all future years to determine when you can deduct the tax. 40 ez form Uniform capitalization rules. 40 ez form   Uniform capitalization rules apply to certain taxpayers who produce real property or tangible personal property for use in a trade or business or for sale to customers. 40 ez form They also apply to certain taxpayers who acquire property for resale. 40 ez form Under these rules, you either include certain costs in inventory or capitalize certain expenses related to the property, such as taxes. 40 ez form For more information, see chapter 1. 40 ez form Carrying charges. 40 ez form   Carrying charges include taxes you pay to carry or develop real estate or to carry, transport, or install personal property. 40 ez form You can elect to capitalize carrying charges not subject to the uniform capitalization rules if they are otherwise deductible. 40 ez form For more information, see chapter 7. 40 ez form Refunds of taxes. 40 ez form   If you receive a refund for any taxes you deducted in an earlier year, include the refund in income to the extent the deduction reduced your federal income tax in the earlier year. 40 ez form For more information, see Recovery of amount deducted (tax benefit rule) in chapter 1. 40 ez form    You must include in income any interest you receive on tax refunds. 40 ez form Real Estate Taxes Deductible real estate taxes are any state, local, or foreign taxes on real estate levied for the general public welfare. 40 ez form The taxing authority must base the taxes on the assessed value of the real estate and charge them uniformly against all property under its jurisdiction. 40 ez form Deductible real estate taxes generally do not include taxes charged for local benefits and improvements that increase the value of the property. 40 ez form See Taxes for local benefits , later. 40 ez form If you use an accrual method, you generally cannot accrue real estate taxes until you pay them to the government authority. 40 ez form However, you can elect to ratably accrue the taxes during the year. 40 ez form See Electing to ratably accrue , later. 40 ez form Taxes for local benefits. 40 ez form   Generally, you cannot deduct taxes charged for local benefits and improvements that tend to increase the value of your property. 40 ez form These include assessments for streets, sidewalks, water mains, sewer lines, and public parking facilities. 40 ez form You should increase the basis of your property by the amount of the assessment. 40 ez form   You can deduct taxes for these local benefits only if the taxes are for maintenance, repairs, or interest charges related to those benefits. 40 ez form If part of the tax is for maintenance, repairs, or interest, you must be able to show how much of the tax is for these expenses to claim a deduction for that part of the tax. 40 ez form Example. 40 ez form To improve downtown commercial business, Waterfront City converted a downtown business area street into an enclosed pedestrian mall. 40 ez form The city assessed the full cost of construction, financed with 10-year bonds, against the affected properties. 40 ez form The city is paying the principal and interest with the annual payments made by the property owners. 40 ez form The assessments for construction costs are not deductible as taxes or as business expenses, but are depreciable capital expenses. 40 ez form The part of the payments used to pay the interest charges on the bonds is deductible as taxes. 40 ez form Charges for services. 40 ez form   Water bills, sewerage, and other service charges assessed against your business property are not real estate taxes, but are deductible as business expenses. 40 ez form Purchase or sale of real estate. 40 ez form   If real estate is sold, the real estate taxes must be allocated between the buyer and the seller. 40 ez form   The buyer and seller must allocate the real estate taxes according to the number of days in the real property tax year (the period to which the tax imposed relates) that each owned the property. 40 ez form Treat the seller as paying the taxes up to but not including the date of sale. 40 ez form Treat the buyer as paying the taxes beginning with the date of sale. 40 ez form You can usually find this information on the settlement statement you received at closing. 40 ez form   If you (the seller) use an accrual method and have not elected to ratably accrue real estate taxes, you are considered to have accrued your part of the tax on the date you sell the property. 40 ez form Example. 40 ez form Alberto Verde, a calendar year accrual method taxpayer, owns real estate in Olmo County. 40 ez form He has not elected to ratably accrue property taxes. 40 ez form November 30 of each year is the assessment and lien date for the current real property tax year, which is the calendar year. 40 ez form He sold the property on June 30, 2013. 40 ez form Under his accounting method he would not be able to claim a deduction for the taxes because the sale occurred before November 30. 40 ez form He is treated as having accrued his part of the tax, 181/366  (January 1–June 29), on June 30, and he can deduct it for 2013. 40 ez form Electing to ratably accrue. 40 ez form   If you use an accrual method, you can elect to accrue real estate tax related to a definite period ratably over that period. 40 ez form Example. 40 ez form Juan Sanchez is a calendar year taxpayer who uses an accrual method. 40 ez form His real estate taxes for the real property tax year, July 1, 2013, to June 30, 2014, are $1,200. 40 ez form July 1 is the assessment and lien date. 40 ez form If Juan elects to ratably accrue the taxes, $600 will accrue in 2013 ($1,200 × 6/12, July 1–December 31) and the balance will accrue in 2014. 40 ez form Separate elections. 40 ez form   You can elect to ratably accrue the taxes for each separate trade or business and for nonbusiness activities if you account for them separately. 40 ez form Once you elect to ratably accrue real estate taxes, you must use that method unless you get permission from the IRS to change. 40 ez form See Form 3115 , later. 40 ez form Making the election. 40 ez form   If you elect to ratably accrue the taxes for the first year in which you incur real estate taxes, attach a statement to your income tax return for that year. 40 ez form The statement should show all the following items. 40 ez form The trades or businesses to which the election applies and the accounting method or methods used. 40 ez form The period to which the taxes relate. 40 ez form The computation of the real estate tax deduction for that first year. 40 ez form   Generally, you must file your return by the due date (including extensions). 40 ez form However, if you timely filed your return for the year without electing to ratably accrue, you can still make the election by filing an amended return within 6 months after the due date of the return (excluding extensions). 40 ez form Attach the statement to the amended return and write “Filed pursuant to section 301. 40 ez form 9100-2” on the statement. 40 ez form File the amended return at the same address where you filed the original return. 40 ez form Form 3115. 40 ez form    If you elect to ratably accrue real estate taxes for a year after the first year in which you incur real estate taxes, or if you want to revoke your election to ratably accrue real estate taxes, file Form 3115. 40 ez form For more information, including applicable time frames for filing, see the Instructions for Form 3115. 40 ez form Note. 40 ez form If you are filing an application for a change in accounting method filed after January 9, 2011, for a year of change ending after April 29, 2010, see Revenue Procedure 2011-14, 2011-4 I. 40 ez form R. 40 ez form B. 40 ez form 330, as modified and clarified by Revenue Procedure 2012-19, 2012-14 I. 40 ez form R. 40 ez form B. 40 ez form 689, and Revenue Procedure 2012-20, 2012-14 I. 40 ez form R. 40 ez form B. 40 ez form 700, or any successor. 40 ez form Revenue Procedure 2011-14 is available at  www. 40 ez form irs. 40 ez form gov/irb/2011-04IRB/ar08. 40 ez form html. 40 ez form Income Taxes This section discusses federal, state, local, and foreign income taxes. 40 ez form Federal income taxes. 40 ez form   You cannot deduct federal income taxes. 40 ez form State and local income taxes. 40 ez form   A corporation or partnership can deduct state and local income taxes imposed on the corporation or partnership as business expenses. 40 ez form An individual can deduct state and local income taxes only as an itemized deduction on Schedule A (Form 1040). 40 ez form   However, an individual can deduct a state tax on gross income (as distinguished from net income) directly attributable to a trade or business as a business expense. 40 ez form Accrual of contested income taxes. 40 ez form   If you use an accrual method, and you contest a state or local income tax liability, you must accrue and deduct any contested amount in the tax year in which the liability is finally determined. 40 ez form   If additional state or local income taxes for a prior year are assessed in a later year, you can deduct the taxes in the year in which they were originally imposed (the prior year) if the tax liability is not contested. 40 ez form You cannot deduct them in the year in which the liability is finally determined. 40 ez form    The filing of an income tax return is not considered a contest and, in the absence of an overt act of protest, you can deduct the tax in the prior year. 40 ez form Also, you can deduct any additional taxes in the prior year if you do not show some affirmative evidence of denial of the liability. 40 ez form   However, if you consistently deduct additional assessments in the year they are paid or finally determined (including those for which there was no contest), you must continue to do so. 40 ez form You cannot take a deduction in the earlier year unless you receive permission to change your method of accounting. 40 ez form For more information on accounting methods, see When Can I Deduct an Expense in chapter 1. 40 ez form Foreign income taxes. 40 ez form   Generally, you can take either a deduction or a credit for income taxes imposed on you by a foreign country or a U. 40 ez form S. 40 ez form possession. 40 ez form However, an individual cannot take a deduction or credit for foreign income taxes paid on income that is exempt from U. 40 ez form S. 40 ez form tax under the foreign earned income exclusion or the foreign housing exclusion. 40 ez form For information on these exclusions, see Publication 54, Tax Guide for U. 40 ez form S. 40 ez form Citizens and Resident Aliens Abroad. 40 ez form For information on the foreign tax credit, see Publication 514, Foreign Tax Credit for Individuals. 40 ez form Employment Taxes If you have employees, you must withhold various taxes from your employees' pay. 40 ez form Most employers must withhold their employees' share of social security, Medicare taxes, and Additional Medicare Tax (if applicable) along with state and federal income taxes. 40 ez form You may also need to pay certain employment taxes from your own funds. 40 ez form These include your share of social security and Medicare taxes as an employer, along with unemployment taxes. 40 ez form Note. 40 ez form Additional Medicare Tax is only imposed on the employee. 40 ez form There is no employer share of Additional Medicare Tax. 40 ez form Your deduction for wages paid is not reduced by the social security and Medicare taxes, Additional Medicare Tax, and income taxes you withhold from your employees. 40 ez form You can deduct the employment taxes you must pay from your own funds as taxes. 40 ez form Example. 40 ez form You pay your employee $18,000 a year. 40 ez form However, after you withhold various taxes, your employee receives $14,500. 40 ez form You also pay an additional $1,500 in employment taxes. 40 ez form You should deduct the full $18,000 as wages. 40 ez form You can deduct the $1,500 you pay from your own funds as taxes. 40 ez form For more information on employment taxes, see Publication 15 (Circular E). 40 ez form Unemployment fund taxes. 40 ez form   As an employer, you may have to make payments to a state unemployment compensation fund or to a state disability benefit fund. 40 ez form Deduct these payments as taxes. 40 ez form Other Taxes The following are other taxes you can deduct if you incur them in the ordinary course of your trade or business. 40 ez form Excise taxes. 40 ez form   Generally, you can deduct as a business expense all excise taxes that are ordinary and necessary expenses of carrying on your trade or business. 40 ez form However, see Fuel taxes , later. 40 ez form   For more information on excise taxes, see Publication 510. 40 ez form Franchise taxes. 40 ez form   You can deduct corporate franchise taxes as a business expense. 40 ez form Fuel taxes. 40 ez form   Generally, taxes on gasoline, diesel fuel, and other motor fuels that you use in your business are included as part of the cost of the fuel. 40 ez form Do not deduct these taxes as a separate item. 40 ez form   You may be entitled to a credit or refund for federal excise tax you paid on fuels used for certain purposes. 40 ez form For more information, see Publication 510. 40 ez form Occupational taxes. 40 ez form   You can deduct as a business expense an occupational tax charged at a flat rate by a locality for the privilege of working or conducting a business in the locality. 40 ez form Personal property tax. 40 ez form   You can deduct any tax imposed by a state or local government on personal property used in your trade or business. 40 ez form Sales tax. 40 ez form   Treat any sales tax you pay on a service or on the purchase or use of property as part of the cost of the service or property. 40 ez form If the service or the cost or use of the property is a deductible business expense, you can deduct the tax as part of that service or cost. 40 ez form If the property is merchandise bought for resale, the sales tax is part of the cost of the merchandise. 40 ez form If the property is depreciable, add the sales tax to the basis for depreciation. 40 ez form For more information on basis, see Publication 551. 40 ez form    Do not deduct state and local sales taxes imposed on the buyer that you must collect and pay over to the state or local government. 40 ez form Also, do not include these taxes in gross receipts or sales. 40 ez form Self-employment tax. 40 ez form   You can deduct part of your self-employment tax as a business expense in figuring your adjusted gross income. 40 ez form This deduction only affects your income tax. 40 ez form It does not affect your net earnings from self-employment or your self-employment tax. 40 ez form   To deduct the tax, enter on Form 1040, line 27, the amount shown on the Deduction for one-half of self-employment tax line of Schedule SE (Form 1040). 40 ez form   For more information on self-employment tax, see Publication 334. 40 ez form Additional Medicare Tax. 40 ez form   Beginning in 2013, you may be required to pay Additional Medicare Tax on self-employment income. 40 ez form See Form 8959 and the Instructions for Form 8959 for more information on the Additional Medicare Tax. 40 ez form Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Understanding Your CP75C Notice

You were banned from claiming the Earned Income Credit (EIC) in a prior tax year due to your intentional disregard of the rules or a fraudulent claim. Since your ban is still in effect, we disallowed the EIC for your current tax year.


What you need to do

  • You don’t need to take further action.

You may want to

  • Review this notice with your tax preparer.
  • Review the rules for claiming EIC
  • Call us for assistance at the toll-free telephone number listed in the top right corner of your notice

Answers to Common Questions

What do I need to send?
If you believe we incorrectly applied the ban, you must provide documentation to show that you didn't intentionally disregard the EIC rules for the year we imposed the ban.

Can I file my tax return while I am being audited?
Yes, you should continue to file all required tax returns before the due date to avoid additional penalties and interest.


Tips for next year

If you are banned from claiming the EIC, you won’t be allowed to claim the credit until the year stated on your notice.

Page Last Reviewed or Updated: 07-Mar-2014

How to get help

  • Call the 1-800 number listed on the top right corner of your notice.
  • Authorize someone (e.g., accountant) to contact the IRS on your behalf using Form 2848.
  • See if you qualify for help from a Low Income Taxpayer Clinic.
     

The 40 Ez Form

40 ez form 1. 40 ez form   403(b) Plan Basics Table of Contents What Is a 403(b) Plan? What Are the Benefits of Contributing to a 403(b) Plan?Excluded. 40 ez form Deducted. 40 ez form Who Can Participate in a 403(b) Plan?Ministers. 40 ez form Who Can Set Up a 403(b) Account? How Can Contributions Be Made to My 403(b) Account? Do I Report Contributions on My Tax Return? How Much Can Be Contributed to My 403(b) Account? This chapter introduces you to 403(b) plans and accounts. 40 ez form Specifically, the chapter answers the following questions. 40 ez form What is a 403(b) plan? What are the benefits of contributing to a 403(b) plan? Who can participate in a 403(b) plan? Who can set up a 403(b) account? How can contributions be made to my 403(b) account? Do I report contributions on my tax return? How much can be contributed to my 403(b) account? What Is a 403(b) Plan? A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers. 40 ez form Individual accounts in a 403(b) plan can be any of the following types. 40 ez form An annuity contract, which is a contract provided through an insurance company, A custodial account, which is an account invested in mutual funds, or A retirement income account set up for church employees. 40 ez form Generally, retirement income accounts can invest in either annuities or mutual funds. 40 ez form We use the term “403(b) account” to refer to any one of these funding arrangements throughout this publication, unless otherwise specified. 40 ez form What Are the Benefits of Contributing to a 403(b) Plan?  There are three benefits to contributing to a 403(b) plan. 40 ez form The first benefit is that you do not pay income tax on allowable contributions until you begin making withdrawals from the plan, usually after you retire. 40 ez form Allowable contributions to a 403(b) plan are either excluded or deducted from your income. 40 ez form However, if your contributions are made to a Roth contribution program, this benefit does not apply. 40 ez form Instead, you pay income tax on the contributions to the plan but distributions from the plan (if certain requirements are met) are tax free. 40 ez form Note. 40 ez form Generally, employees must pay social security and Medicare tax on their contributions to a 403(b) plan, including those made under a salary reduction agreement. 40 ez form See chapter 4, Limit on Elective Deferrals , for more information. 40 ez form The second benefit is that earnings and gains on amounts in your 403(b) account are not taxed until you withdraw them. 40 ez form Earnings and gains on amounts in a Roth contribution program are not taxed if your withdrawals are qualified distributions. 40 ez form Otherwise, they are taxed when you withdraw them. 40 ez form The third benefit is that you may be eligible to take a credit for elective deferrals contributed to your 403(b) account. 40 ez form See chapter 10, Retirement Savings Contributions Credit (Saver's Credit) . 40 ez form Excluded. 40 ez form   If an amount is excluded from your income, it is not included in your total wages on your Form W-2. 40 ez form This means that you do not report the excluded amount on your tax return. 40 ez form Deducted. 40 ez form   If an amount is deducted from your income, it is included with your other wages on your Form W-2. 40 ez form You report this amount on your tax return, but you are allowed to subtract it when figuring the amount of income on which you must pay tax. 40 ez form Who Can Participate in a 403(b) Plan? Any eligible employee can participate in a 403(b) plan. 40 ez form Eligible employees. 40 ez form   The following employees are eligible to participate in a 403(b) plan. 40 ez form Employees of tax-exempt organizations established under section 501(c)(3). 40 ez form These organizations are usually referred to as section 501(c)(3) organizations or simply 501(c)(3) organizations. 40 ez form Employees of public school systems who are involved in the day-to-day operations of a school. 40 ez form Employees of cooperative hospital service organizations. 40 ez form Civilian faculty and staff of the Uniformed Services University of the Health Sciences. 40 ez form Employees of public school systems organized by Indian tribal governments. 40 ez form Certain ministers (explained next). 40 ez form Ministers. 40 ez form   The following ministers are eligible employees for whom a 403(b) account can be established. 40 ez form Ministers employed by section 501(c)(3) organizations. 40 ez form Self-employed ministers. 40 ez form A self-employed minister is treated as employed by a tax-exempt organization that is a qualified employer. 40 ez form Ministers (chaplains) who meet both of the following requirements. 40 ez form They are employed by organizations that are not section 501(c)(3) organizations. 40 ez form They function as ministers in their day-to-day professional responsibilities with their employers. 40 ez form   Throughout this publication, the term chaplain will be used to mean ministers described in the third category in the list above. 40 ez form Example. 40 ez form A minister employed as a chaplain by a state-run prison and a chaplain in the United States Armed Forces are eligible employees because their employers are not section 501(c)(3) organizations and they are employed as ministers. 40 ez form Who Can Set Up a 403(b) Account? You cannot set up your own 403(b) account. 40 ez form Only employers can set up 403(b) accounts. 40 ez form A self-employed minister cannot set up a 403(b) account for his or her benefit. 40 ez form If you are a self-employed minister, only the organization (denomination) with which you are associated can set up an account for your benefit. 40 ez form How Can Contributions Be Made to My 403(b) Account? Generally, only your employer can make contributions to your 403(b) account. 40 ez form However, some plans will allow you to make after-tax contributions (defined below). 40 ez form The following types of contributions can be made to 403(b) accounts. 40 ez form Elective deferrals . 40 ez form These are contributions made under a salary reduction agreement. 40 ez form This agreement allows your employer to withhold money from your paycheck to be contributed directly into a 403(b) account for your benefit. 40 ez form Except for Roth contributions, you do not pay income tax on these contributions until you withdraw them from the account. 40 ez form If your contributions are Roth contributions, you pay taxes on your contributions but any qualified distributions from your Roth account are tax free. 40 ez form Nonelective contributions . 40 ez form These are employer contributions that are not made under a salary reduction agreement. 40 ez form Nonelective contributions include matching contributions, discretionary contributions, and mandatory contributions from your employer. 40 ez form You do not pay income tax on these contributions until you withdraw them from the account. 40 ez form After-tax contributions . 40 ez form These are contributions (that are not Roth contributions) you make with funds that you must include in income on your tax return. 40 ez form A salary payment on which income tax has been withheld is a source of these contributions. 40 ez form If your plan allows you to make after-tax contributions, they are not excluded from income and you cannot deduct them on your tax return. 40 ez form A combination of any of the three contribution types listed above. 40 ez form Self-employed minister. 40 ez form   If you are a self-employed minister, you are considered both an employee and an employer, and you can contribute to a retirement income account for your own benefit. 40 ez form Do I Report Contributions on My Tax Return? Generally, you do not report contributions to your 403(b) account (except Roth contributions) on your tax return. 40 ez form Your employer will report contributions on your 2013 Form W-2. 40 ez form Elective deferrals will be shown in box 12 and the Retirement plan box will be checked in box 13. 40 ez form If you are a self-employed minister or chaplain, see the discussions next. 40 ez form Self-employed ministers. 40 ez form   If you are a self-employed minister, you must report the total contributions as a deduction on your tax return. 40 ez form Deduct your contributions on line 28 of the 2013 Form 1040. 40 ez form Chaplains. 40 ez form   If you are a chaplain and your employer does not exclude contributions made to your 403(b) account from your earned income, you may be able to take a deduction for those contributions on your tax return. 40 ez form    However, if your employer has agreed to exclude the contributions from your earned income, you will not be allowed a deduction on your tax return. 40 ez form   If you can take a deduction, include your contributions on line 36 of the 2013 Form 1040. 40 ez form Enter the amount of your deduction and write “403(b)” on the dotted line next to line 36. 40 ez form How Much Can Be Contributed to My 403(b) Account? There are limits on the amount of contributions that can be made to your 403(b) account each year. 40 ez form If contributions made to your 403(b) account are more than these contribution limits, penalties may apply. 40 ez form Chapters 2 through 6 provide information on how to determine the amount that can be contributed to your 403(b) account. 40 ez form Worksheets are provided in Chapter 9 to help you determine the maximum amount that can be contributed to your 403(b) account each year. 40 ez form Chapter 7, Excess Contributions , describes how to prevent excess contributions and how to get an excess contribution corrected. 40 ez form Prev  Up  Next   Home   More Online Publications