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Can I File My 2011 Taxes On Turbotax

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Can I File My 2011 Taxes On Turbotax

Can i file my 2011 taxes on turbotax 2. Can i file my 2011 taxes on turbotax   Filing Requirements and Required Disclosures Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Annual Information ReturnsSupporting Organization Annual Information Return Unrelated Business Income Tax ReturnEstimated tax. Can i file my 2011 taxes on turbotax Employment Tax ReturnsException. Can i file my 2011 taxes on turbotax FUTA tax exception. Can i file my 2011 taxes on turbotax FICA tax exemption election. Can i file my 2011 taxes on turbotax Revoking the election. Can i file my 2011 taxes on turbotax Definitions. Can i file my 2011 taxes on turbotax Effect on employees. Can i file my 2011 taxes on turbotax Political Organization Income Tax ReturnExempt function. Can i file my 2011 taxes on turbotax Political organization taxable income. Can i file my 2011 taxes on turbotax Separate fund. Can i file my 2011 taxes on turbotax Failure to file. Can i file my 2011 taxes on turbotax Failure to pay on time. Can i file my 2011 taxes on turbotax Reporting Requirements for a Political OrganizationForm 8871 Form 8872 Donee Information ReturnCharitable deduction property. Can i file my 2011 taxes on turbotax Publicly traded securities. Can i file my 2011 taxes on turbotax Exceptions. Can i file my 2011 taxes on turbotax Form 8283. Can i file my 2011 taxes on turbotax Information Provided to DonorsDisclosure of Quid Pro Quo Contributions Acknowledgment of Charitable Contributions of $250 or More Acknowledgment of Vehicle Contribution Qualified Intellectual Property Report of Cash Received Public Inspection of Exemption Applications, Annual Returns, and Political Organization Reporting FormsAnnual Information Return Public Inspection of Exemption Application Political Organization Reporting Forms Required DisclosuresSolicitation of Nondeductible Contributions Sales of Information or Services Available Free From Government Dues Used for Lobbying or Political Activities Prohibited Tax Shelter Transactions Miscellaneous RulesOrganizational Changes and Exempt Status Introduction Most exempt organizations (including private foundations) must file various returns and reports at some time during (or following the close of) their accounting period. Can i file my 2011 taxes on turbotax Topics - This chapter discusses: Annual information returns Unrelated business income tax return Employment tax returns Political organization income tax return Reporting requirements for a political organization Donee information return Information provided to donors Report of cash received Public inspection of exemption applications, annual returns, and political organizations reporting forms Required disclosures Miscellaneous rules Useful Items - You may want to see: Publication 15 Circular E, Employer's Tax Guide 15-A Employer's Supplemental Tax Guide 15-B Employer's Tax Guide to Fringe Benefits 598 Tax on Unrelated Business Income of Exempt Organizations Form (and Instructions) 941 Employer's Quarterly Federal Tax Return 990 Return of Organization Exempt From Income Tax 990-EZ Short Form Return of Organization Exempt From Income Tax Schedule A (Form 990 or 990-EZ) Public Charity Status and Public Support Schedule B (Form 990, 990-EZ, or 990-PF) Schedule of Contributors Schedule C (Form 990 or 990-EZ) Political Campaign and Lobbying Activities Schedule D (Form 990) Supplemental Financial Statements Schedule E (Form 990 or 990-EZ) Schools Schedule F (Form 990) Statement of Activities Outside the United States Schedule G (Form 990 or 990-EZ) Supplemental Information Regarding Fundraising or Gaming Activities Schedule H (Form 990) Hospitals Schedule I (Form 990) Grants and Other Assistance to Organizations, Governments, and Individuals in the United States Schedule J (Form 990) Compensation Information Schedule K (Form 990) Supplemental Information on Tax-Exempt Bonds Schedule L (Form 990 or 990-EZ) Transactions With Interested Persons Schedule M (Form 990) Noncash Contributions Schedule N (Form 990 or 990-EZ) Liquidation, Termination, Dissolution, or Significant Disposition of Assets Schedule O (Form 990 or 990-EZ) Supplemental Information to Form 990 Schedule R (Form 990) Related Organizations and Unrelated Partnerships 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation 990-BL Information and Initial Excise Tax Return for Black Lung Benefit Trusts and Certain Related Persons 990-T Exempt Organization Business Income Tax Return 990-W Estimated Tax on Unrelated Business Taxable Income for Tax-Exempt Organizations 1120-POL U. Can i file my 2011 taxes on turbotax S. Can i file my 2011 taxes on turbotax Income Tax Return for Certain Political Organizations 4720 Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code 5768 Election/Revocation of Election by an Eligible Section 501(c)(3) Organization To Make Expenditures To Influence Legislation 6069 Return of Excise Tax on Excess Contributions to Black Lung Benefit Trust Under Section 4953 and Computation of Section 192 Deduction 7004 Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns 8274 Certification by Churches and Qualified Church-Controlled Organizations Electing Exemption from Employer Social Security and Medicare Taxes 8282 Donee Information Return 8300 Report of Cash Payments Over $10,000 Received in a Trade or Business 8453-X Political Organization Declaration for Electronic Filing of Notice of Section 527 Status 8822-B Change of Address-Business 8868 Application for Extension of Time to File an Exempt Organization Return 8870 Information Return for Transfers Associated with Certain Personal Benefits Contracts 8871 Political Organization Notice of Section 527 Status 8872 Political Organization Report of Contributions and Expenditures 8886-T Disclosure by Tax-Exempt Entity Regarding Prohibited Tax Shelter Transaction 8899 Notice of Income from Donated Intellectual Property 8940 Request for Miscellaneous Determination See chapter 6 for information about getting these publications and forms. Can i file my 2011 taxes on turbotax Annual Information Returns Every organization exempt from federal income tax under section 501(a) must file an Annual Exempt Organization Return except: A church, an interchurch organization of local units of a church, a convention or association of churches, An integrated auxiliary of a church, A church-affiliated organization that is exclusively engaged in managing funds or maintaining retirement programs, A school below college level affiliated with a church or operated by a religious order, Church-affiliated mission societies if more than half of their activities are conducted in, or are directed at persons in, foreign countries, An exclusively religious activity of any religious order, A state institution, the income of which is excluded from gross income under section 115, A corporation described in section 501(c)(1) that is organized under an Act of Congress, an instrumentality of the United States, and is exempt from Federal income taxes, A stock bonus, pension, or profit-sharing trust that qualifies under section 401 (required to file Form 5500, Annual Return/Report of Employee Benefit Plan), A religious or apostolic organization described in section 501(d) (required to file Form 1065, U. Can i file my 2011 taxes on turbotax S. Can i file my 2011 taxes on turbotax Return of Partnership Income), A governmental unit or an affiliate of a governmental unit that meets the requirements of Revenue Procedure 95-48, 1995-2 C. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 418, www. Can i file my 2011 taxes on turbotax irs. Can i file my 2011 taxes on turbotax gov/pub/irs-tege/rp1995-48. Can i file my 2011 taxes on turbotax pdf, A private foundation described in section 501(c)(3) and exempt under section 501(a) (required to file Form 990-PF, Return of Private Foundation), A political organization that is a state or local committee of a political party, a political committee of a state or local candidate, a caucus or association of state or local officials, or required to report under the Federal Election Campaign Act of 1971 as a political committee, An exempt organization (other than a private foundation) that normally has annual gross receipts of $50,000 or less, or A foreign organization, or an organization located in a U. Can i file my 2011 taxes on turbotax S. Can i file my 2011 taxes on turbotax possession, that normally has annual gross receipts from sources within the United States of $50,000 or less. Can i file my 2011 taxes on turbotax Supporting Organization Annual Information Return For tax years ending after August 17, 2006, all section 509(a)(3) supporting organizations are required to file Form 990 or 990-EZ with the IRS regardless of the organization's gross receipts, unless it qualifies as one of the following: An integrated auxiliary of a church; The exclusively religious activities of a religious order; or An organization, the gross receipts of which are normally not more than $5,000, that supports a section 509(a)(3) religious order. Can i file my 2011 taxes on turbotax If the organization is described in item (3) above, then it must submit Form 990-N (e-Postcard) unless it voluntarily files Form 990 or 990-EZ. Can i file my 2011 taxes on turbotax On its annual information return, at Part I, Schedule A (Form 990 or 990-EZ) a supporting organization must: List the section 509(a)(3) organizations to which it provides support, Indicate whether it is a Type I, Type II, or Type III supporting organization, and Certify that the organization is not controlled directly or indirectly by disqualified persons (other than by foundation managers and other than one or more publicly supported organizations). Can i file my 2011 taxes on turbotax Annual Electronic Filing Requirement for Small Tax-Exempt Organizations Small tax-exempt organizations with annual gross receipts normally $50,000 or less must submit Form 990-N, Electronic Notice (e-Postcard) for Tax-Exempt Organizations Not Required to File Form 990 or 990-EZ, with the IRS each year, if they choose not to file a Form 990 or 990-EZ. Can i file my 2011 taxes on turbotax Form 990-N requires the following information: The organization's legal name, and mailing address; Any name under which it operates and does business; Its Internet website address (if any); Its taxpayer identification number; The name and address of a principal officer; Organization's annual tax period; Verification that the organization's annual gross receipts are normally $50,000 or less; and Notification if the organization has terminated. Can i file my 2011 taxes on turbotax Form 990-N is due by the 15th day of the fifth month after the close of the tax year. Can i file my 2011 taxes on turbotax For tax years beginning after December 31, 2006, any organization that fails to meet its annual reporting requirement for 3 consecutive years will automatically lose its tax-exempt status. Can i file my 2011 taxes on turbotax To regain its exempt status an organization will have to reapply for recognition as a tax-exempt organization. Can i file my 2011 taxes on turbotax Exceptions. Can i file my 2011 taxes on turbotax   This filing requirement does not apply to: Churches, their integrated auxiliaries, and conventions or associations of churches; Organizations that are included in a group return; Private foundations required to file Form 990-PF; and Section 509(a)(3) supporting organizations required to file Form 990 or Form 990-EZ. Can i file my 2011 taxes on turbotax Forms 990 and 990-EZ Exempt organizations, other than private foundations, must file their annual information returns on Form 990 or 990-EZ, unless excepted from filing or allowed to submit Form 990-N, described earlier. Can i file my 2011 taxes on turbotax Generally, political organizations with gross receipts of $25,000 ($100,000 for a qualified state or local political organization (QSLPO)) or more for the tax year are required to file Form 990 or 990-EZ unless specifically excepted from filing the annual return. Can i file my 2011 taxes on turbotax The following political organizations are not required to file Form 990 or Form 990-EZ. Can i file my 2011 taxes on turbotax A state or local committee of a political party. Can i file my 2011 taxes on turbotax A political committee of a state or local candidate. Can i file my 2011 taxes on turbotax A caucus or association of state or local officials. Can i file my 2011 taxes on turbotax A political organization that is required to report as a political committee under the Federal Election Campaign Act. Can i file my 2011 taxes on turbotax A 501(c) organization that has expenditures for influencing or attempting to influence the selection, nomination, election, or appointment of any individual for a federal, state, or local public office. Can i file my 2011 taxes on turbotax Form 990-EZ. Can i file my 2011 taxes on turbotax   This is a shortened version of Form 990. Can i file my 2011 taxes on turbotax It is designed for use by small exempt organizations and nonexempt charitable trusts. Can i file my 2011 taxes on turbotax   Beginning in tax year 2010, an organization can file either Form 990 or 990-EZ if it meets the following: Its gross receipts during the year are less than $200,000. Can i file my 2011 taxes on turbotax Its total assets (line 25, column (B) of Form 990-EZ) at the end of the year are less than $500,000. Can i file my 2011 taxes on turbotax If your organization does not meet either of these conditions, you cannot file Form 990-EZ. Can i file my 2011 taxes on turbotax Instead you must file Form 990. Can i file my 2011 taxes on turbotax Group return. Can i file my 2011 taxes on turbotax   A group return on Form 990 may be filed by a central, parent, or like organization for two or more local organizations, none of which is a private foundation. Can i file my 2011 taxes on turbotax This return is in addition to the central organization's separate annual return if it must file a return. Can i file my 2011 taxes on turbotax It cannot be included in the group return. Can i file my 2011 taxes on turbotax See the instructions for Form 990 for the conditions under which this procedure may be used. Can i file my 2011 taxes on turbotax    In any year that an organization is properly included as a subordinate organization on a group return, it should not file its own Form 990. Can i file my 2011 taxes on turbotax Schedule A (Form 990 or 990-EZ). Can i file my 2011 taxes on turbotax   Organizations, other than private foundations, that are described in section 501(c)(3) and that are otherwise required to file Form 990 or 990-EZ must also complete Schedule A of that form. Can i file my 2011 taxes on turbotax Schedule B (Form 990, Form 990-EZ, or 990-PF). Can i file my 2011 taxes on turbotax   Organizations that file Form 990 or 990-EZ use this schedule to provide required information regarding their contributors. Can i file my 2011 taxes on turbotax Schedule O (Form 990). Can i file my 2011 taxes on turbotax   Organizations that file Form 990 must use this schedule to provide required additional information or if additional space is needed. Can i file my 2011 taxes on turbotax   Other schedules may be required to be filed with Form 990 or 990-EZ. Can i file my 2011 taxes on turbotax See the instructions for Form 990 or the instructions for Form 990-EZ for more information. Can i file my 2011 taxes on turbotax Report significant new or changed program services and changes to organizational documents. Can i file my 2011 taxes on turbotax    An organization should report new significant program services or significant changes in how it conducts program services, and significant changes to its organizational documents, on its Form 990 rather than in a letter to EO Determinations. Can i file my 2011 taxes on turbotax EO Determinations no longer issues letters confirming the tax-exempt status of organizations that report new services or significant changes, or changes to organizational documents. Can i file my 2011 taxes on turbotax See Miscellaneous Rules, Organization Changes and Exempt Status, later. Can i file my 2011 taxes on turbotax Form 990-PF All private foundations exempt under section 501(c)(3) must file Form 990-PF. Can i file my 2011 taxes on turbotax These organizations are discussed in chapter 3. Can i file my 2011 taxes on turbotax Electronic Filing You may be required to file Form 990, Form 990-EZ, or Form 990-PF, and related forms, schedules, and attachments electronically. Can i file my 2011 taxes on turbotax If an organization is required to file a return electronically but does not, the organization is considered to have not filed its return. Can i file my 2011 taxes on turbotax See Regulations section 301. Can i file my 2011 taxes on turbotax 6033-4 for more information. Can i file my 2011 taxes on turbotax The IRS may waive the requirement to file electronically in cases of undue hardship. Can i file my 2011 taxes on turbotax For information on filing a waiver, see Notice 2010-13, 2010-4 I. Can i file my 2011 taxes on turbotax R. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 327, available at www. Can i file my 2011 taxes on turbotax irs. Can i file my 2011 taxes on turbotax gov/ir/2010-04_IRSB/ar14. Can i file my 2011 taxes on turbotax html. Can i file my 2011 taxes on turbotax Form 990. Can i file my 2011 taxes on turbotax   An organization is required to file Form 990 electronically if it files at least 250 returns during the calendar year and has total assets of $10 million or more at the end of the tax year. Can i file my 2011 taxes on turbotax Form 990-PF. Can i file my 2011 taxes on turbotax   An organization is required to file Form 990-PF electronically if it files at least 250 returns during the calendar year. Can i file my 2011 taxes on turbotax Due Date Forms 990, 990-EZ, or 990-PF must be filed by the 15th day of the fifth month after the end of your organization's accounting period. Can i file my 2011 taxes on turbotax Thus, for a calendar year taxpayer, Forms 990, 990-EZ, or 990-PF is due May 15 of the following year. Can i file my 2011 taxes on turbotax Extension of time to file. Can i file my 2011 taxes on turbotax   Use Form 8868 to request an automatic 3-month extension of time to file Forms 990, 990-EZ, or 990-PF and also to apply for an additional (not automatic) 3-month extension if needed. Can i file my 2011 taxes on turbotax   Do not apply for both the automatic 3-month extension and the additional 3-month extension at the same time. Can i file my 2011 taxes on turbotax For more information, see Form 8868 and its instructions. Can i file my 2011 taxes on turbotax   When filing Form 8868 for an automatic 3-month extension, neither a signature, nor an explanation is required. Can i file my 2011 taxes on turbotax However, when filing Form 8868 for an additional 3-month extension, both a signature and an explanation are required. Can i file my 2011 taxes on turbotax Application for exemption pending. Can i file my 2011 taxes on turbotax   An organization that claims to be exempt under section 501(a) but has not established its exempt status by the due date for filing an information return must complete and file Form 990, 990-EZ, 990–N or 990-PF (if it considers itself a private foundation), unless the organization is exempt from Form 990-series filing requirements. Can i file my 2011 taxes on turbotax If the organization's application is pending with the IRS, it must so indicate on Forms 990, 990-EZ, or 990-PF (whichever applies) by checking the application pending block at the top of page 1 of the return. Can i file my 2011 taxes on turbotax For more information on the filing requirements, see the Instructions for Forms 990, 990-EZ, and 990-PF. Can i file my 2011 taxes on turbotax State reporting requirements. Can i file my 2011 taxes on turbotax   Copies of Forms 990, 990-EZ, or 990-PF may be used to satisfy state reporting requirements. Can i file my 2011 taxes on turbotax See the instructions for those forms. Can i file my 2011 taxes on turbotax Form 8870. Can i file my 2011 taxes on turbotax   Organizations that filed a Form 990, 990-EZ, or 990-PF, and paid premiums or received transfers on certain life insurance, annuity, and endowment contracts (personal benefit contracts), must file Form 8870. Can i file my 2011 taxes on turbotax For more information, see Form 8870 and the instructions for that form. Can i file my 2011 taxes on turbotax Automatic Revocation If the organization fails to file a Form 990, 990-EZ, or 990-PF, or fails to submit a Form 990-N, as required, for 3 consecutive years, it will automatically lose its tax-exempt status by operation of law. Can i file my 2011 taxes on turbotax The list of organizations whose tax-exempt status has been automatically revoked is available on IRS. Can i file my 2011 taxes on turbotax gov. Can i file my 2011 taxes on turbotax This list (Auto-Revocation List) may be viewed and searched on Exempt Organizations Select Check. Can i file my 2011 taxes on turbotax The Auto-Revocation List includes each organization's name, Employer Identification Number (EIN) and last known address. Can i file my 2011 taxes on turbotax It also includes the effective date of the automatic revocation and the date it was posted to the list. Can i file my 2011 taxes on turbotax The IRS updates the list monthly to include additional organizations that lose their tax-exempt status. Can i file my 2011 taxes on turbotax Tax Effect of Loss of Tax-Exempt Status If your organization’s tax-exempt status is automatically revoked, you may be required to file one of the following federal income tax returns and pay any applicable income taxes: Form 1120, U. Can i file my 2011 taxes on turbotax S. Can i file my 2011 taxes on turbotax Corporation Income Tax Return, due by the 15th day of the 3rd month after the end of your organization’s tax year, or Form 1041, U. Can i file my 2011 taxes on turbotax S. Can i file my 2011 taxes on turbotax Income Tax Return for Estates and Trusts, due by the 15th day of the 4th month after the end of your organization’s tax year. Can i file my 2011 taxes on turbotax In addition, a section 501(c)(3) organization that loses its tax-exempt status cannot receive tax-deductible contributions and will not be identified in the IRS Business Master File extract as eligible to received tax-deductible contributions, or be included in Exempt Organizations Select Check (Pub 78 database). Can i file my 2011 taxes on turbotax An organization whose exemption was automatically revoked must apply for tax exemption in order to regain its tax exemption (even if it was not originally required to apply). Can i file my 2011 taxes on turbotax In some situations, an organization may be able to obtain exemption retroactive to its date of revocation. Can i file my 2011 taxes on turbotax For more information about automatic revocation, go to IRS. Can i file my 2011 taxes on turbotax gov and select Charities & Non-Profits and then select Revoked? Reinstated? Learn More. Can i file my 2011 taxes on turbotax Penalties Penalties for failure to file. Can i file my 2011 taxes on turbotax   Generally, an exempt organization that fails to file a required return must pay a penalty of $20 a day for each day the failure continues. Can i file my 2011 taxes on turbotax The same penalty will apply if the organization does not give all the information required on the return or does not give the correct information. Can i file my 2011 taxes on turbotax Maximum penalty. Can i file my 2011 taxes on turbotax   The maximum penalty for any one return is the smaller of $10,000 or 5% of the organization's gross receipts for the year. Can i file my 2011 taxes on turbotax Organization with gross receipts over $1 million. Can i file my 2011 taxes on turbotax   For an organization that has gross receipts of over $1 million for the year, the penalty is $100 a day up to a maximum of $50,000. Can i file my 2011 taxes on turbotax Managers. Can i file my 2011 taxes on turbotax   If the organization is subject to this penalty, the IRS may specify a date by which the return or correct information must be supplied by the organization. Can i file my 2011 taxes on turbotax Failure to comply with this demand will result in a penalty imposed upon the manager of the organization, or upon any other person responsible for filing a correct return. Can i file my 2011 taxes on turbotax The penalty is $10 a day for each day that a return is not filed after the period given for filing. Can i file my 2011 taxes on turbotax The maximum penalty imposed on all persons with respect to any one return is $5,000. Can i file my 2011 taxes on turbotax Exception for reasonable cause. Can i file my 2011 taxes on turbotax   No penalty will be imposed if reasonable cause for failure to file timely can be shown. Can i file my 2011 taxes on turbotax Unrelated Business Income Tax Return Even though your organization is recognized as tax exempt, it still may be liable for tax on its unrelated business income. Can i file my 2011 taxes on turbotax Unrelated business income is income from a trade or business, regularly carried on, that is not substantially related to the charitable, educational, or other purpose that is the basis for the organization's exemption. Can i file my 2011 taxes on turbotax If your organization has $1,000 or more of unrelated business income, you must file Form 990-T in addition to your required annual information return. Can i file my 2011 taxes on turbotax Estimated tax. Can i file my 2011 taxes on turbotax   Quarterly estimated tax payments are due if your organization expects to owe $500 or more in tax including unrelated business income. Can i file my 2011 taxes on turbotax Use Form 990-W to figure your organization's estimated tax payments. Can i file my 2011 taxes on turbotax Travel tour programs. Can i file my 2011 taxes on turbotax   Travel tour activities that are a trade or business are an unrelated trade or business if the activities are not substantially related to the purpose to which tax exemption was granted to the organization. Can i file my 2011 taxes on turbotax   Whether travel tour activities conducted by an organization are substantially related to the organization's tax exempt purpose is determined by looking at all the relevant facts and circumstances, including, but not limited to, how a travel tour is developed, promoted, and operated. Can i file my 2011 taxes on turbotax Example. Can i file my 2011 taxes on turbotax ABC, a university alumni association, is tax exempt as an educational organization under section 501(c)(3). Can i file my 2011 taxes on turbotax As part of its activities, ABC operates a travel tour program. Can i file my 2011 taxes on turbotax The program is open to all current members of ABC and their guests. Can i file my 2011 taxes on turbotax ABC works with travel agents to schedule approximately ten tours annually to various destinations around the world. Can i file my 2011 taxes on turbotax Members of ABC pay $1,000 to XYZ Travel Agency to participate in a tour. Can i file my 2011 taxes on turbotax XYZ pays ABC a per person fee for each participant. Can i file my 2011 taxes on turbotax Although the literature advertising the tours encourages ABC members to continue their lifelong learning by joining the tours, and a faculty member of ABC's related university frequently joins the tour as a guest of the alumni association, none of the tours include any scheduled instruction or curriculum related to the destinations being visited. Can i file my 2011 taxes on turbotax The travel tours made available to ABC's members do not contribute importantly to the accomplishment of ABC's educational purpose. Can i file my 2011 taxes on turbotax Rather, ABC's program is designed to generate revenues for ABC by regularly offering its members travel services. Can i file my 2011 taxes on turbotax Therefore, ABC's tour program is an unrelated trade or business. Can i file my 2011 taxes on turbotax For additional information on unrelated business income, see Publication 598 and the Instructions for Form 990-T. Can i file my 2011 taxes on turbotax Employment Tax Returns Every employer, including an organization exempt from federal income tax, who pays wages to employees is responsible for withholding, depositing, paying, and reporting federal income tax, social security and Medicare (FICA) taxes, and federal unemployment tax (FUTA), unless that employer is specifically excepted by law from those requirements, or if the taxes clearly do not apply. Can i file my 2011 taxes on turbotax For more information, obtain a copy of Publication 15, which summarizes the responsibilities of an employer, Publication 15-A, Publication 15-B, and Form 941. Can i file my 2011 taxes on turbotax Small Business Health Care Tax Credit. Can i file my 2011 taxes on turbotax   If your small tax-exempt organization provides health care coverage for your workers you may qualify for the small business health care tax credit. Can i file my 2011 taxes on turbotax Go to IRS. Can i file my 2011 taxes on turbotax gov and select Affordable Care Act Tax Provisions for more details. Can i file my 2011 taxes on turbotax See Small Business Health Care Tax Credit at www. Can i file my 2011 taxes on turbotax irs. Can i file my 2011 taxes on turbotax gov/newsroom/article/0,,id=223666,00. Can i file my 2011 taxes on turbotax html. Can i file my 2011 taxes on turbotax Expanded Work Opportunity Tax Credit Available for Hiring Qualified Veterans. Can i file my 2011 taxes on turbotax   The VOW to Hire Heroes Act of 2011 made changes to the Work Opportunity Tax Credit (WOTC). Can i file my 2011 taxes on turbotax The Act added two new categories to the existing qualified veteran targeted group and made the WOTC available to certain tax-exempt employers as a credit against the employer's share of social security tax. Can i file my 2011 taxes on turbotax The Act allows employers to claim the WOTC for veterans certified as qualified veterans and who begin work before January 1, 2013. Can i file my 2011 taxes on turbotax This tax credit was extended through December 31, 2013, under the American Taxpayer Relief Act, passed on January 1, 2013. Can i file my 2011 taxes on turbotax   The credit can be as high as $6,240 for qualified tax-exempt organizations. Can i file my 2011 taxes on turbotax The amount of the credit depends on a number of factors, including the length of the veteran’s unemployment before hire, the number of hours the veteran works, and the veteran’s first-year wages. Can i file my 2011 taxes on turbotax The amount of the credit for qualified tax-exempt organizations may not exceed the organization's employer social security tax for the period for which the credit is claimed. Can i file my 2011 taxes on turbotax   All employers must obtain certification that an individual is a member of the targeted group, before the employer may claim the credit. Can i file my 2011 taxes on turbotax The process for certifying veterans for this credit is the same for all employers. Can i file my 2011 taxes on turbotax For more information, see Form 8850, Pre-Screening Notice and Certification Request for the Work Opportunity Credit and the instructions to Form 8850. Can i file my 2011 taxes on turbotax Notice 2012-13, 2012-9 I. Can i file my 2011 taxes on turbotax R. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 421, also provides additional guidance on submission Form 8850. Can i file my 2011 taxes on turbotax   Organizations described in section 501(c) and exempt from taxation under section 501(a) may claim the credit for qualified veterans who begin work on or after Nov. Can i file my 2011 taxes on turbotax 22, 2011, and before January 1, 2013. Can i file my 2011 taxes on turbotax After the required certification is secured, tax-exempt employers claim the credit against the employer social security tax by separately filing Form 5884-C, Work Opportunity Credit for Qualified Tax-Exempt Organizations Hiring Qualified Veterans, Form 5884-C. Can i file my 2011 taxes on turbotax File Form 5884-C after filing the related employment tax return for the employment tax period for which the credit is claimed. Can i file my 2011 taxes on turbotax It is recommended that qualified tax-exempt employers do not reduce their required deposits in anticipation of any credit as the forms are processed separately. Can i file my 2011 taxes on turbotax In addition to Form 5884-C and its instructions, tax-exempt employers should see Notice 2012-13 and the Frequently Asked Questions & Answers for more details for claiming the credit. Can i file my 2011 taxes on turbotax Trust fund recovery penalty. Can i file my 2011 taxes on turbotax   If any person required to collect, truthfully account for, and pay over any of these taxes willfully fails to satisfy any of these requirements or willfully tries in any way to evade or defeat any of them, that person will be subject to a penalty. Can i file my 2011 taxes on turbotax The penalty is equal to the tax evaded, not collected, or not accounted for and paid over. Can i file my 2011 taxes on turbotax The term person includes: An officer or employee of a corporation, or A member or employee of a partnership. Can i file my 2011 taxes on turbotax Exception. Can i file my 2011 taxes on turbotax   The penalty is not imposed on any unpaid volunteer director or member of a board of trustees of an exempt organization if the unpaid volunteer serves solely in an honorary capacity, does not participate in the day-to-day or financial operations of the organization, and does not have actual knowledge of the failure on which the penalty is imposed. Can i file my 2011 taxes on turbotax   This exception does not apply if it results in no one being liable for the penalty. Can i file my 2011 taxes on turbotax FICA and FUTA tax exceptions. Can i file my 2011 taxes on turbotax   Payments for services performed by a minister of a church in the exercise of the ministry, or a member of a religious order performing duties required by the order, are generally not subject to FICA or FUTA taxes. Can i file my 2011 taxes on turbotax FUTA tax exception. Can i file my 2011 taxes on turbotax   Payments for services performed by an employee of a religious, charitable, educational, or other organization described in section 501(c)(3) that are generally subject to FICA taxes if the payments are $100 or more for the year, are not subject to FUTA taxes. Can i file my 2011 taxes on turbotax FICA tax exemption election. Can i file my 2011 taxes on turbotax   Churches and qualified church-controlled organizations can elect exemption from employer FICA taxes by filing Form 8274. Can i file my 2011 taxes on turbotax   To elect the exemption, Form 8274 must be filed before the first date on which a quarterly employment tax return would otherwise be due from the electing organization. Can i file my 2011 taxes on turbotax The organization can make the election only if it is opposed for religious reasons to the payment of FICA taxes. Can i file my 2011 taxes on turbotax   The election applies to payments for services of current and future employees other than services performed in an unrelated trade or business. Can i file my 2011 taxes on turbotax Revoking the election. Can i file my 2011 taxes on turbotax   The election can be revoked by the IRS if the organization fails to file Form W-2, Wage and Tax Statement, for 2 years and fails to furnish certain information upon request by the IRS. Can i file my 2011 taxes on turbotax Such revocation will apply retroactively to the beginning of the 2-year period. Can i file my 2011 taxes on turbotax Definitions. Can i file my 2011 taxes on turbotax   For purposes of this election, the term church means a church, a convention or association of churches, or an elementary or secondary school that is controlled, operated, or principally supported by a church or by a convention or association of churches. Can i file my 2011 taxes on turbotax   The term qualified church-controlled organization means any church-controlled section 501(c)(3) tax-exempt organization, other than an organization that both: Offers goods, services, or facilities for sale, other than on an incidental basis, to the general public at other than a nominal charge that is substantially less than the cost of providing such goods, services, or facilities, and Normally receives more than 25% of its support from the sum of governmental sources and receipts from admissions, sales of merchandise, performance of services, or furnishing of facilities, in activities that are not unrelated trades or businesses. Can i file my 2011 taxes on turbotax Effect on employees. Can i file my 2011 taxes on turbotax   If a church or qualified church-controlled organization has made an election, payment for services performed for that church or organization, other than in an unrelated trade or business, will not be subject to FICA taxes. Can i file my 2011 taxes on turbotax However, the employee, unless otherwise exempt, will be subject to self-employment tax on the income. Can i file my 2011 taxes on turbotax The tax applies to income of $108. Can i file my 2011 taxes on turbotax 28 or more for the tax year from that church or organization, and no deductions for trade or business expenses are allowed against this self-employment income. Can i file my 2011 taxes on turbotax   Schedule SE (Form 1040), Self-Employment Tax, should be attached to the employee's income tax return. Can i file my 2011 taxes on turbotax Political Organization Income Tax Return Generally, a political organization is treated as an organization exempt from tax. Can i file my 2011 taxes on turbotax Certain political organizations, however, must file an annual income tax return, Form 1120-POL, U. Can i file my 2011 taxes on turbotax S. Can i file my 2011 taxes on turbotax Income Tax Return for Certain Political Organizations, for any year they have political organization taxable income in excess of the $100 specific deduction allowed under section 527. Can i file my 2011 taxes on turbotax A political organization that has $25,000 ($100,000 for a qualified state or local political organization) or more in gross receipts for the tax year must file Form 990 or Form 990-EZ (and Schedule B of the form), unless excepted. Can i file my 2011 taxes on turbotax See Forms 990 and 990-EZ , earlier. Can i file my 2011 taxes on turbotax Political organization. Can i file my 2011 taxes on turbotax   A political organization is a party, committee, association, fund, or other organization (whether or not incorporated) organized and operated primarily for the purpose of directly or indirectly accepting contributions or making expenditures, or both, for an exempt function. Can i file my 2011 taxes on turbotax Exempt function. Can i file my 2011 taxes on turbotax   An exempt function means influencing or attempting to influence the selection, nomination, election, or appointment of any individual to any federal, state, local public office or office in a political organization, or the election of the Presidential or Vice Presidential electors, whether or not such individual or electors are selected, nominated, elected, or appointed. Can i file my 2011 taxes on turbotax It also includes certain office expenses of a holder of public office or an office in a political organization. Can i file my 2011 taxes on turbotax Certain political organizations are required to notify the IRS that they are section 527 organizations. Can i file my 2011 taxes on turbotax These organizations must use Form 8871. Can i file my 2011 taxes on turbotax Some of these section 527 organizations must use Form 8872 to file periodic reports with the IRS disclosing their contributions and expenditures. Can i file my 2011 taxes on turbotax For a discussion on these forms, see Reporting Requirements for a Political Organization, later. Can i file my 2011 taxes on turbotax Political organization taxable income. Can i file my 2011 taxes on turbotax   Political organization taxable income is the excess of: Gross income for the tax year (excluding exempt function income) minus Deductions directly connected with the earning of gross income. Can i file my 2011 taxes on turbotax To figure taxable income, allow for a $100 specific deduction, but do not allow for the net operating loss deduction, the dividends-received deduction, and other special deductions for corporations. Can i file my 2011 taxes on turbotax Exempt organization not a political organization. Can i file my 2011 taxes on turbotax   An organization exempt under section 501(c) that spends any amount for an exempt function must file Form 1120-POL for any year which it has political taxable income. Can i file my 2011 taxes on turbotax These organizations must include in gross income the lesser of: The total amount of its exempt function expenditures, or The organization's net investment income. Can i file my 2011 taxes on turbotax Separate fund. Can i file my 2011 taxes on turbotax   A section 501(c) organization can set up a separate segregated fund that will be treated as an independent political organization. Can i file my 2011 taxes on turbotax The earnings and expenditures made by the separate fund will not be attributed to the section 501(c) organization. Can i file my 2011 taxes on turbotax Section 501(c)(3) organizations are precluded from, and may suffer loss of exemption for, engaging in any political campaign on behalf of, or in opposition to, any candidate for public office. Can i file my 2011 taxes on turbotax Due date. Can i file my 2011 taxes on turbotax   Form 1120-POL is due by the 15th day of the 3rd month after the end of the tax year. Can i file my 2011 taxes on turbotax Thus, for a calendar year taxpayer, Form 1120-POL is due on March 15 of the following year. Can i file my 2011 taxes on turbotax If any due date falls on a Saturday, Sunday, or legal holiday, the organization can file the return on the next business day. Can i file my 2011 taxes on turbotax    Form 1120-POL is not required of an exempt organization that makes expenditures for political purposes if its gross income does not exceed its directly connected deductions by more than $100 for the tax year. Can i file my 2011 taxes on turbotax Extension of time to file. Can i file my 2011 taxes on turbotax    Use Form 7004 to request an automatic 6-month extension of time to file Form 1120-POL. Can i file my 2011 taxes on turbotax The extension will be granted if you complete Form 7004 properly, make a proper estimate of the tax (if applicable), file Form 1120-POL by the due date, and pay any tax due. Can i file my 2011 taxes on turbotax Failure to file. Can i file my 2011 taxes on turbotax   A political organization that fails to file Form 1120-POL is subject to a penalty equal to 5% of the tax due for each month (or partial month) the return is late up to a maximum of 25% of the tax due, unless the organization shows the failure was due to reasonable cause. Can i file my 2011 taxes on turbotax For more information about filing Form 1120-POL, refer to the instructions accompanying the form. Can i file my 2011 taxes on turbotax Failure to pay on time. Can i file my 2011 taxes on turbotax   An organization that does not pay the tax when due generally may have to pay a penalty of 1/2 of 1% of the unpaid tax for each month or part of a month the tax is not paid, up to a maximum of 25% of the unpaid tax. Can i file my 2011 taxes on turbotax The penalty will not be imposed if the organization can show that the failure to pay on time was due to reasonable cause. Can i file my 2011 taxes on turbotax Reporting Requirements for a Political Organization Certain political organizations are required to notify the IRS that the organization is to be treated as a section 527 political organization. Can i file my 2011 taxes on turbotax The organization is also required to periodically report certain contributions received and expenditures made by the organization. Can i file my 2011 taxes on turbotax To notify the IRS of section 527 treatment, an organization must file Form 8871. Can i file my 2011 taxes on turbotax To report contributions and expenditures, certain tax-exempt political organizations must file Form 8872. Can i file my 2011 taxes on turbotax Form 8871 A political organization must electronically file Form 8871 to notify the IRS that it is to be treated as a section 527 organization. Can i file my 2011 taxes on turbotax However, an organization is not required to file Form 8871 if: It reasonably expects its annual gross receipts to always be less than $25,000. Can i file my 2011 taxes on turbotax It is a political committee required to report under the Federal Election Campaign Act of 1971 (FECA) (2 U. Can i file my 2011 taxes on turbotax S. Can i file my 2011 taxes on turbotax C. Can i file my 2011 taxes on turbotax 431(4)). Can i file my 2011 taxes on turbotax It is a state or local candidate committee. Can i file my 2011 taxes on turbotax It is a state or local committee of a political party. Can i file my 2011 taxes on turbotax It is a section 501(c) organization that has made an “exempt function expenditure. Can i file my 2011 taxes on turbotax ” All other political organizations are required to file Form 8871. Can i file my 2011 taxes on turbotax An organization must provide on Form 8871: Its name and address (including any business address, if different) and its electronic mailing address; Its purpose; The names and addresses of its officers, highly compensated employees, contact person, custodian of records, and members of its board of directors; The name and address of, and relationship to, any related entities (within the meaning of section 168(h)(4)); and Whether it intends to claim an exemption from filing Form 8872, Form 990, or Form 990-EZ. Can i file my 2011 taxes on turbotax Employer identification number. Can i file my 2011 taxes on turbotax   If your organization needs an EIN, you can apply for one: Online—Click on the Employer ID Numbers (EINs) link at www. Can i file my 2011 taxes on turbotax IRS. Can i file my 2011 taxes on turbotax gov/businesses/small. Can i file my 2011 taxes on turbotax By telephone at 1-800-829-4933 from 7:00 a. Can i file my 2011 taxes on turbotax m. Can i file my 2011 taxes on turbotax to 10:00 p. Can i file my 2011 taxes on turbotax m. Can i file my 2011 taxes on turbotax in the organization's local time zone. Can i file my 2011 taxes on turbotax By mailing or faxing Form SS-4. Can i file my 2011 taxes on turbotax   If you previously applied for an EIN and have not yet received it, or you are unsure whether you have an EIN, please call our toll-free customer account services number, 1-877-829-5500, for assistance. Can i file my 2011 taxes on turbotax Due dates. Can i file my 2011 taxes on turbotax   The initial Form 8871 must be filed within 24 hours of the date on which the organization was established. Can i file my 2011 taxes on turbotax If there is a material change, an amended Form 8871 must be filed within 30 days of the material change. Can i file my 2011 taxes on turbotax When the organization terminates its existence, it must file a final Form 8871 within 30 days of termination. Can i file my 2011 taxes on turbotax   If the due date falls on a Saturday, Sunday, or legal holiday, the organization can file on the next business day. Can i file my 2011 taxes on turbotax How to file. Can i file my 2011 taxes on turbotax   An organization must file Form 8871 electronically via the IRS Internet website at www. Can i file my 2011 taxes on turbotax IRS. Can i file my 2011 taxes on turbotax gov/polorgs (Keyword: political orgs). Can i file my 2011 taxes on turbotax Form 8453-X, Political Organization Declaration for Electronic Filing of Notice of Section 527 Status. Can i file my 2011 taxes on turbotax   After electronically submitting Form 8871, the political organization must print, sign, and mail Form 8453-X to the IRS. Can i file my 2011 taxes on turbotax Upon receipt of the Form 8453-X, the IRS will send the organization a username and password that must be used to file an amended or final Form 8871 or to electronically file Form 8872. Can i file my 2011 taxes on turbotax Penalties Failure to file. Can i file my 2011 taxes on turbotax   An organization that is required to file Form 8871, but fails to do so on a timely basis, will not be treated as a tax-exempt section 527 organization for any period before the date Form 8871 is filed. Can i file my 2011 taxes on turbotax Also, the taxable income of the organization for that period will include its exempt function income (including contributions received, membership dues, and political fundraising receipts) minus any deductions directly connected with the production of that income. Can i file my 2011 taxes on turbotax   Failure to file an amended Form 8871 will cause the organization not to be treated as a tax-exempt section 527 organization. Can i file my 2011 taxes on turbotax If an organization is treated as not being a tax-exempt section 527 organization, the taxable income of the organization will be determined by considering any exempt function income and deductions during the period beginning on the date of the material change and ending on the date that the amended Form 8871 is filed. Can i file my 2011 taxes on turbotax    The tax is computed by multiplying the organization's taxable income by the highest corporate tax rate. Can i file my 2011 taxes on turbotax Fraudulent returns. Can i file my 2011 taxes on turbotax   Any individual or corporation that willfully delivers or discloses to the IRS any list, return, account, statement or other document known to be fraudulent or false as to any material matter will be fined not more than $10,000 ($50,000 in the case of a corporation) or imprisoned for not more than 1 year or both. Can i file my 2011 taxes on turbotax Waiver of penalties. Can i file my 2011 taxes on turbotax   The IRS may waive any additional tax assessed on an organization for failure to file Form 8871 if the failure was due to reasonable cause and not willful neglect. Can i file my 2011 taxes on turbotax Additional information. Can i file my 2011 taxes on turbotax   For more information on Form 8871, see the form and its instructions. Can i file my 2011 taxes on turbotax For a discussion on the public inspection requirements for the form, see Public Inspection of Exemption Applications, Annual Returns, and Political Organization Reporting Forms , later. Can i file my 2011 taxes on turbotax Form 8872 Every tax-exempt section 527 political organization that accepts a contribution or makes an expenditure, for an exempt function during the calendar year, must file Form 8872 except: A political organization that is not required to file Form 8871 (discussed earlier). Can i file my 2011 taxes on turbotax A political organization that is subject to tax on its income because it did not file or amend Form 8871. Can i file my 2011 taxes on turbotax A qualified state or local political organization (QSLPO), discussed below. Can i file my 2011 taxes on turbotax All other tax-exempt section 527 organizations that accept contributions or make expenditures for an exempt function are required to file Form 8872. Can i file my 2011 taxes on turbotax Qualified state or local political organization. Can i file my 2011 taxes on turbotax   A state or local political organization may be a QSLPO if: All of its political activities relate solely to state or local public office (or office in a state or local political organization). Can i file my 2011 taxes on turbotax It is subject to a state law that requires it to report (and it does report) to a state agency information about contributions and expenditures that is similar to the information that the organization would otherwise be required to report to the IRS. Can i file my 2011 taxes on turbotax The state agency and the organization make the reports publicly available. Can i file my 2011 taxes on turbotax No federal candidate or office holder: Controls or materially participates in the direction of the organization, Solicits contributions for the organization, or Directs the disbursements of the organization. Can i file my 2011 taxes on turbotax Information required on Form 8872. Can i file my 2011 taxes on turbotax   If an organization pays an individual $500 or more for the calendar year, the organization is required to disclose the individual's name, address, occupation, employer, amount of the expense, the date the expense was paid, and the purpose of the expense on Form 8872. Can i file my 2011 taxes on turbotax   If an organization receives contributions of $200 or more from one contributor for the calendar year, the organization must disclose the donor's name, address, occupation, employer, and the date the contributions were made. Can i file my 2011 taxes on turbotax   For additional information that is required, see Form 8872. Can i file my 2011 taxes on turbotax Due dates. Can i file my 2011 taxes on turbotax   The due dates for filing Form 8872 vary depending on whether the form is due for a reporting period that occurs during a calendar year in which a regularly scheduled election is held, or any other calendar year (a nonelection year). Can i file my 2011 taxes on turbotax   If the due date falls on a Saturday, Sunday, or legal holiday, the organization can file on the next business day. Can i file my 2011 taxes on turbotax Election year filing. Can i file my 2011 taxes on turbotax    In election years, Form 8872 must be filed on either a quarterly or a monthly basis. Can i file my 2011 taxes on turbotax Both a pre-election report and a post-election report are also required to be filed in an election year. Can i file my 2011 taxes on turbotax An election year is any year in which a regularly scheduled general election for federal office is held (an even-numbered year). Can i file my 2011 taxes on turbotax Nonelection year filing. Can i file my 2011 taxes on turbotax    In nonelection years, the form must be filed on a semiannual or monthly basis. Can i file my 2011 taxes on turbotax A complete listing of these filing periods are in the Form 8872 Instructions. Can i file my 2011 taxes on turbotax A nonelection year is any odd-numbered year. Can i file my 2011 taxes on turbotax How to file. Can i file my 2011 taxes on turbotax   Form 8872 can be filed either electronically or by mail. Can i file my 2011 taxes on turbotax However, organizations that have, or expect to have, contributions or expenditures of $50,000 or more for the year must file electronically. Can i file my 2011 taxes on turbotax    To file by mail, send Form 8872 to the:   Department of the Treasury Internal Revenue Service Center Ogden, UT 84201-0027 Electronic filing. Can i file my 2011 taxes on turbotax   File electronically via the IRS internet website at www. Can i file my 2011 taxes on turbotax IRS. Can i file my 2011 taxes on turbotax gov/polorgs. Can i file my 2011 taxes on turbotax You will need a user ID and password to electronically file Form 8872. Can i file my 2011 taxes on turbotax Organizations that have completed the electronic filing of Form 8871 and submitted a completed and signed Form 8453-X will receive a username and password in the mail. Can i file my 2011 taxes on turbotax   Organizations that have completed the electronic filing of Form 8871, but have not received their user ID and password can request one by writing to the following address: Internal Revenue Service Attn: Request for 8872 Password Mail Stop 6273 Ogden, UT 84201 Lost username and password. Can i file my 2011 taxes on turbotax   If you have forgotten or misplaced the username and password issued to your organization after you filed your initial Form 8871, send a letter requesting a new username and password to the address under Electronic filing. Can i file my 2011 taxes on turbotax You can also fax your request to (801) 620-3249. Can i file my 2011 taxes on turbotax It may take 3-6 weeks for your new username and password to arrive, as they will be mailed to the organization. Can i file my 2011 taxes on turbotax Penalty A penalty will be imposed if the organization is required to file Form 8872 and it: Fails to file the form by the due date, or Files the form but fails to report all of the information required or reports incorrect information. Can i file my 2011 taxes on turbotax The penalty is 35% of the total amount of contributions and expenditures to which a failure relates. Can i file my 2011 taxes on turbotax Fraudulent returns. Can i file my 2011 taxes on turbotax   Any individual or corporation that willfully delivers or discloses any list, return, account, statement, or other document known to be fraudulent or false as to any material matter will be fined not more than $10,000 ($50,000 in the case of a corporation), or imprisoned for not more than 1 year, or both. Can i file my 2011 taxes on turbotax Waiver of penalties. Can i file my 2011 taxes on turbotax   The IRS may waive any additional tax assessed on an organization for failure to file Form 8872 if the failure was due to reasonable cause and not willful neglect. Can i file my 2011 taxes on turbotax Donee Information Return Dispositions of donated property. Can i file my 2011 taxes on turbotax   If an organization receives charitable deduction property and within three years sells, exchanges, or otherwise disposes of the property, the organization must file Form 8282, Donee Information Return. Can i file my 2011 taxes on turbotax However, an organization is not required to file Form 8282 if: The property is valued at $500 or less, or The property is consumed or distributed for charitable purposes. Can i file my 2011 taxes on turbotax   Form 8282 must be filed with the IRS within 125 days after the disposition. Can i file my 2011 taxes on turbotax Additionally, a copy of Form 8282 must be given to the donor. Can i file my 2011 taxes on turbotax If the organization fails to file the required information return, penalties may apply. Can i file my 2011 taxes on turbotax Charitable deduction property. Can i file my 2011 taxes on turbotax   This is any property (other than money or publicly traded securities) for which the donee organization signed an appraisal summary or Form 8283, Noncash Charitable Contributions. Can i file my 2011 taxes on turbotax Publicly traded securities. Can i file my 2011 taxes on turbotax   These are securities for which market quotations are readily available on an established securities market as of the date of the contribution. Can i file my 2011 taxes on turbotax Appraisal summary. Can i file my 2011 taxes on turbotax   If the value of the donated property exceeds $5,000, the donor must get a qualified appraisal for contributions of property, see the Exceptions. Can i file my 2011 taxes on turbotax below. Can i file my 2011 taxes on turbotax Exceptions. Can i file my 2011 taxes on turbotax   A written appraisal is not needed if the property is: Nonpublicly traded stock of $10,000 or less, A vehicle (including a car, boat, or airplane), if your deduction for the vehicle is limited to the gross proceeds from its sale, Intellectual property, Certain securities considered to have market quotations readily available (see Regulations section 1. Can i file my 2011 taxes on turbotax 170A-13(c)(7)(xi)(B)), Inventory and other property donated by a corporation that are qualified contributions for the care of the ill, the needy, or infants, within the meaning of section 170(e)(3)(A), or Any donation of stock in trade, inventory, or property held primarily for sale to customers in the ordinary course of your trade or business. Can i file my 2011 taxes on turbotax   The donee organization is not a qualified appraiser for the purpose of valuing the donated property. Can i file my 2011 taxes on turbotax For more information, get Publication 561, Determining the Value of Donated Property. Can i file my 2011 taxes on turbotax Form 8283. Can i file my 2011 taxes on turbotax   For noncash donations over $5,000, the donor must attach Form 8283 to the tax return to support the charitable deduction. Can i file my 2011 taxes on turbotax The donee must sign Part IV of Section B, Form 8283 unless publicly traded securities are donated. Can i file my 2011 taxes on turbotax The person who signs for the donee must be an official authorized to sign the donee's tax or information returns, or a person specifically authorized to sign by that official. Can i file my 2011 taxes on turbotax The signature does not represent concurrence in the appraised value of the contributed property. Can i file my 2011 taxes on turbotax A signed acknowledgment represents receipt of the property described on Form 8283 on the date specified on the form. Can i file my 2011 taxes on turbotax The signature also indicates knowledge of the information reporting requirements on dispositions, as previously discussed. Can i file my 2011 taxes on turbotax A copy of Form 8283 must be given to the donee. Can i file my 2011 taxes on turbotax Information Provided to Donors In some situations, a donor must obtain certain information from a donee organization to obtain a deduction for a charitable contribution. Can i file my 2011 taxes on turbotax In other situations, the donee organization is required to provide information to the donor. Can i file my 2011 taxes on turbotax A charitable organization must give a donor a disclosure statement for a quid pro quo contribution over $75. Can i file my 2011 taxes on turbotax (See Disclosure statement. Can i file my 2011 taxes on turbotax later. Can i file my 2011 taxes on turbotax ) This is a payment a donor makes to a charity partly as a contribution and partly for goods or services. Can i file my 2011 taxes on turbotax See Quid pro quo contribution below for an example. Can i file my 2011 taxes on turbotax Failure to make the required disclosure may result in a penalty to the organization. Can i file my 2011 taxes on turbotax A donor cannot deduct a charitable contribution of $250 or more unless the donor has a written acknowledgment from the charitable organization. Can i file my 2011 taxes on turbotax In certain circumstances, an organization may be able to meet both of these requirements with the same written document. Can i file my 2011 taxes on turbotax Disclosure of Quid Pro Quo Contributions A charitable organization must provide a written disclosure statement to donors of a quid pro quo contribution over $75. Can i file my 2011 taxes on turbotax Quid pro quo contribution. Can i file my 2011 taxes on turbotax   A contribution made by a donor in exchange for goods or services is known as a quid pro quo contribution. Can i file my 2011 taxes on turbotax Your charitable organization must provide the donor a written statement informing the donor of the fair market value of the items or services it provided in exchange for the contribution. Can i file my 2011 taxes on turbotax Generally, a written statement is required for each payment, whenever the contribution portion is over $75. Can i file my 2011 taxes on turbotax Example. Can i file my 2011 taxes on turbotax If a donor gives your charity $100 and receives a concert ticket valued at $40, the donor has made a quid pro quo contribution. Can i file my 2011 taxes on turbotax In this example, the charitable part of the payment is $60. Can i file my 2011 taxes on turbotax Even though the deductible part of the payment is not more than $75, a written statement must be filed because the total payment is more than $75. Can i file my 2011 taxes on turbotax If your organization fails to disclose quid pro quo contributions, the organization may be subject to a penalty. Can i file my 2011 taxes on turbotax Disclosure statement. Can i file my 2011 taxes on turbotax   The required written disclosure statement must: Inform the donor that the amount of the contribution that is deductible for federal income tax purposes is limited to the excess of any money (and the value of any property other than money) contributed by the donor over the fair market value of goods or services provided by the charity, and Provide the donor with a good faith estimate of the fair market value of the goods or services that the donor received. Can i file my 2011 taxes on turbotax The charity must furnish the statement in connection with either the solicitation or the receipt of the quid pro quo contribution. Can i file my 2011 taxes on turbotax If the disclosure statement is furnished in connection with a particular solicitation, it is not necessary for the organization to provide another statement when it actually receives the contribution. Can i file my 2011 taxes on turbotax   No disclosure statement is required if any of the following are true. Can i file my 2011 taxes on turbotax The goods or services given to a donor have insubstantial value as described in Revenue Procedure 90-12, 1990-1 C. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 471, Revenue Procedure 90-12, and Revenue Procedure 92-49, 1992-1 C. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 507 (as adjusted for inflation), Revenue Procedure 92-49. Can i file my 2011 taxes on turbotax There is no donative element involved in a particular transaction with a charity (for example, there is generally no donative element involved in a visitor's purchase from a museum gift shop). Can i file my 2011 taxes on turbotax There is only an intangible religious benefit provided to the donor. Can i file my 2011 taxes on turbotax The intangible religious benefit must be provided to the donor by an organization organized exclusively for religious purposes, and must be of a type that generally is not sold in a commercial transaction outside the donative context. Can i file my 2011 taxes on turbotax For example, a donor who, for a payment, is granted admission to a religious ceremony for which there is no admission charge is provided an intangible religious benefit. Can i file my 2011 taxes on turbotax A donor is not provided intangible religious benefits for payments made for tuition for education leading to a recognized degree, travel services, or consumer goods. Can i file my 2011 taxes on turbotax The donor makes a payment of $75 or less per year and receives only annual membership benefits that consist of: Any rights or privileges (other than the right to purchase tickets for college athletic events) that the taxpayer can exercise often during the membership period, such as free or discounted admissions or parking or preferred access to goods or services, or Admission to events that are open only to members and the cost per person of which is within the limits for low-cost articles described in Revenue Procedure 90-12 (as adjusted for inflation), Revenue Procedure 90-12. Can i file my 2011 taxes on turbotax Good faith estimate of fair market value (FMV). Can i file my 2011 taxes on turbotax   An organization can use any reasonable method to estimate the FMV of goods or services it provided to a donor, as long as it applies the method in good faith. Can i file my 2011 taxes on turbotax   The organization can estimate the FMV of goods or services that generally are not commercially available by using the FMV of similar or comparable goods or services. Can i file my 2011 taxes on turbotax Goods or services may be similar or comparable even if they do not have the unique qualities of the goods or services being valued. Can i file my 2011 taxes on turbotax Example 1. Can i file my 2011 taxes on turbotax A charity provides a 1-hour tennis lesson with a tennis professional for the first $500 payment it receives. Can i file my 2011 taxes on turbotax The tennis professional provides 1-hour lessons on a commercial basis for $100. Can i file my 2011 taxes on turbotax A good faith estimate of the lesson's FMV is $100. Can i file my 2011 taxes on turbotax Example 2. Can i file my 2011 taxes on turbotax For a payment of $50,000, a museum allows a donor to hold a private event in a room of the museum. Can i file my 2011 taxes on turbotax A good faith estimate of the FMV of the right to hold the event in the museum can be made by using the cost of renting a hotel ballroom with a capacity, amenities, and atmosphere comparable to the museum room, even though the hotel ballroom lacks the unique art displayed in the museum room. Can i file my 2011 taxes on turbotax If the hotel ballroom rents for $2,500, a good faith estimate of the FMV of the right to hold the event in the museum is $2,500. Can i file my 2011 taxes on turbotax Example 3. Can i file my 2011 taxes on turbotax For a payment of $1,000, a charity provides an evening tour of a museum conducted by a well-known artist. Can i file my 2011 taxes on turbotax The artist does not provide tours on a commercial basis. Can i file my 2011 taxes on turbotax Tours of the museum normally are free to the public. Can i file my 2011 taxes on turbotax A good faith estimate of the FMV of the evening museum tour is $0 even though it is conducted by the artist. Can i file my 2011 taxes on turbotax Penalty for failure to disclose. Can i file my 2011 taxes on turbotax   A penalty is imposed on a charity that does not make the required disclosure of a quid pro quo contribution of more than $75. Can i file my 2011 taxes on turbotax The penalty is $10 per contribution, not to exceed $5,000 per fundraising event or mailing. Can i file my 2011 taxes on turbotax The charity can avoid the penalty if it can show that the failure was due to reasonable cause. Can i file my 2011 taxes on turbotax Acknowledgment of Charitable Contributions of $250 or More A donor can deduct a charitable contribution of $250 or more only if the donor has a written acknowledgment from the charitable organization. Can i file my 2011 taxes on turbotax The donor must get the acknowledgment by the earlier of: The date the donor files the original return for the year the contribution is made, or The due date, including extensions, for filing the return. Can i file my 2011 taxes on turbotax The donor is responsible for requesting and obtaining the written acknowledgment from the donee. Can i file my 2011 taxes on turbotax A charitable organization that receives a payment made as a contribution is treated as the donee organization for this purpose even if the organization (according to the donor's instructions or otherwise) distributes the amount received to one or more charities. Can i file my 2011 taxes on turbotax Quid pro quo contribution. Can i file my 2011 taxes on turbotax   If the donee provides goods or services to the donor in exchange for the contribution (a quid pro quo contribution), the acknowledgment must include a good faith estimate of the value of the goods or services. Can i file my 2011 taxes on turbotax See Disclosure of Quid Pro Quo Contributions earlier. Can i file my 2011 taxes on turbotax Form of acknowledgment. Can i file my 2011 taxes on turbotax   Although there is no prescribed format for the written acknowledgment, it must provide enough information to substantiate the amount of the contribution. Can i file my 2011 taxes on turbotax For more information, see IRS Publication 1771, Charitable Contributions – Substantiation and Disclosure Requirements. Can i file my 2011 taxes on turbotax Cash contributions. Can i file my 2011 taxes on turbotax   To deduct a contribution of cash, a check, or other monetary gift (regardless of the amount), a donor must maintain a bank record or a written communication from the donee organization showing the donee's name, date, and amount of the contribution. Can i file my 2011 taxes on turbotax In the case of a lump-sum contribution (rather than a contribution by payroll deduction) made through the Combined Federal Campaign or a similar program such as a United Way Campaign, the written communication must include the name of the donee organization that is the ultimate recipient of the charitable contribution. Can i file my 2011 taxes on turbotax Contributions by payroll deduction. Can i file my 2011 taxes on turbotax   An organization may substantiate an employee's contribution by deduction from its payroll by: A pay stub, Form W-2, or other document showing a contribution to a donee organization, together with A pledge card or other document from the donee organization that shows its name. Can i file my 2011 taxes on turbotax   For contributions of $250 or more, the document must state that the donee organization provides no goods or services for any payroll contributions. Can i file my 2011 taxes on turbotax The amount withheld from each payment of wages to a taxpayer is treated as a separate contribution. Can i file my 2011 taxes on turbotax Acknowledgment of Vehicle Contribution If an exempt organization receives a contribution of a qualified vehicle with a claimed value of more than $500, the donee organization is required to provide a contemporaneous written acknowledgment to the donor. Can i file my 2011 taxes on turbotax The donee organization can use a completed Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes, for the contemporaneous written acknowledgment. Can i file my 2011 taxes on turbotax See section 3. Can i file my 2011 taxes on turbotax 03 of Notice 2005-44 for guidance on the information that must be included in a contemporaneous written acknowledgment and the deadline for furnishing the acknowledgment to the donor. Can i file my 2011 taxes on turbotax Any donee organization that provides a contemporaneous written acknowledgment to a donor is required to report to the IRS the information contained in the acknowledgment. Can i file my 2011 taxes on turbotax The report is due by February 28 (March 31 if filing electronically) of the year following the year in which the donee organization provides the acknowledgment to the donor. Can i file my 2011 taxes on turbotax The organization must file the report on Copy A of Form 1098-C. Can i file my 2011 taxes on turbotax An organization that files Form 1098-C on paper should send it with Form 1096, Annual Summary and Transmittal of U. Can i file my 2011 taxes on turbotax S. Can i file my 2011 taxes on turbotax Information Returns. Can i file my 2011 taxes on turbotax See the Instructions for Form 1096 for the correct filing location. Can i file my 2011 taxes on turbotax An organization that is required to file 250 or more Forms 1098-C during the calendar year must file the forms electronically or magnetically. Can i file my 2011 taxes on turbotax Specifications for filing Form 1098-C electronically or magnetically can be found in Publication 1220, Specifications for Filing Forms 1097, 1098, 1099, 3921, 3922, 5498, 8935, and W-2G Electronically at www. Can i file my 2011 taxes on turbotax IRS. Can i file my 2011 taxes on turbotax gov/pub/irs-pdf/p1220. Can i file my 2011 taxes on turbotax pdf. Can i file my 2011 taxes on turbotax Acknowledgment For a contribution of a qualified vehicle with a claimed value of $500 or less, do not file Form 1098-C. Can i file my 2011 taxes on turbotax However, you can use it as the contemporaneous written acknowledgment under section 170(f)(8) by providing the donor with Copy C only. Can i file my 2011 taxes on turbotax See the Instructions for Form 1098-C. Can i file my 2011 taxes on turbotax Generally, the organization should complete Form 1098-C as the written acknowledgment to the donor and the IRS. Can i file my 2011 taxes on turbotax The contents of the acknowledgment depend upon whether the organization: Sells a qualified vehicle without any significant intervening use or material improvement, Intends to make a significant intervening use of or material improvement to a qualified vehicle prior to sale, or Sells a qualified vehicle to a needy individual at a price significantly below fair market value, or a gratuitous transfer to a needy individual in direct furtherance of a charitable purpose of the organization of relieving the poor and distressed or the underprivileged who are in need of a means of transportation. Can i file my 2011 taxes on turbotax For more information on the acknowledgment, see Notice 2005-44, 2005-25 I. Can i file my 2011 taxes on turbotax R. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 1287, at www. Can i file my 2011 taxes on turbotax irs. Can i file my 2011 taxes on turbotax gov/irb/2005-25_IRB/2005-25_IRB/ar09. Can i file my 2011 taxes on turbotax html. Can i file my 2011 taxes on turbotax Material improvements or significant intervening use. Can i file my 2011 taxes on turbotax   To constitute significant intervening use, the organization must actually use the vehicle to substantially further the organization's regularly conducted activities, and the use must be significant, not incidental. Can i file my 2011 taxes on turbotax Factors in determining whether a use is a significant intervening use depend on the nature, extent, frequency, and duration. Can i file my 2011 taxes on turbotax For this purpose, use includes providing transportation on a regular basis for a significant period of time or significant use directly related to training in vehicle repair. Can i file my 2011 taxes on turbotax Use does not include the use of a vehicle to provide training in business skills, such as marketing or sales. Can i file my 2011 taxes on turbotax Examples of significant use include: Driving a vehicle every day for 1 year to deliver meals to needy individuals, if delivering meals is an activity regularly conducted by the organization. Can i file my 2011 taxes on turbotax Driving a vehicle for 10,000 miles over a 1-year period to deliver meals to needy individuals, if delivering meals is an activity regularly conducted by the organization. Can i file my 2011 taxes on turbotax   Material improvements include major repairs and additions that improve the condition of the vehicle in a manner that significantly increases the value. Can i file my 2011 taxes on turbotax To be a material improvement, the improvement cannot be funded by an additional payment to the organization from the donor of the vehicle. Can i file my 2011 taxes on turbotax Material improvements do not include cleaning, minor repairs, routine maintenance, painting, removal of dents or scratches, cleaning or repair of upholstery, and installation of theft deterrent devices. Can i file my 2011 taxes on turbotax Penalties. Can i file my 2011 taxes on turbotax   If your charitable organization receives contributions of used motor vehicles, boats, and airplanes valued over $500 it may be subject to a penalty if it knowingly: Fails to furnish an acknowledgement in a timely manner, showing the required information, or Furnishes a false or fraudulent acknowledgement of the contribution. Can i file my 2011 taxes on turbotax    Other penalties may apply. Can i file my 2011 taxes on turbotax See Part O in the 2012 General Instructions for Certain Information Returns. Can i file my 2011 taxes on turbotax   An acknowledgment containing a certification will be presumed to be false or fraudulent if the qualified vehicle is sold to a buyer other than a needy individual without a significant intervening use or material improvement within 6 months of the date of the contribution. Can i file my 2011 taxes on turbotax   If a charity sells a donated vehicle at auction, the IRS will not accept as substantiation an acknowledgment from the charity stating that the vehicle is to be transferred to a needy individual for significantly below fair market value. Can i file my 2011 taxes on turbotax Vehicles sold at auction are not sold at prices significantly below fair market value, and the IRS will not treat vehicles sold at auction as qualifying for this exception. Can i file my 2011 taxes on turbotax   The penalty for a false or fraudulent acknowledgment where the donee certifies that the vehicle will not be transferred for money, other property, or services before completion of material improvements or significant intervening use or the donee certifies that the vehicle is to be transferred to a needy individual for significantly below fair market value in furtherance of the donee's charitable purpose is the larger of $5,000 or the claimed value of the vehicle multiplied by 39. Can i file my 2011 taxes on turbotax 6%. Can i file my 2011 taxes on turbotax   The penalty for an acknowledgment relating to a qualified vehicle being sold in an arm's length transaction to an unrelated party is the larger of the gross proceeds from the sale or the sales price stated in the acknowledgment multiplied by 39. Can i file my 2011 taxes on turbotax 6%. Can i file my 2011 taxes on turbotax Qualified Intellectual Property A taxpayer who contributes qualified intellectual property to a charity may be entitled to a charitable deduction, in addition to any initial deduction allowed in the year of contribution. Can i file my 2011 taxes on turbotax The additional deduction is based on a specified percentage of the qualified donee income with respect to the qualified intellectual property. Can i file my 2011 taxes on turbotax To qualify for the additional charitable deduction, the donor must provide notice to the donee at the time of the contribution that the donor intends to treat the contribution as qualified intellectual property contribution for purposes of sections 170(m) and 6050L. Can i file my 2011 taxes on turbotax Every donee organization described in section 170(c) (except a private foundation as defined in section 509(a) that is not described in section 170(b)(1)(F)) that receives or accrues net income from a charitable gift of qualified intellectual property must file Form 8899. Can i file my 2011 taxes on turbotax Form 8899. Can i file my 2011 taxes on turbotax   Form 8899, Notice of Income From Donated Intellectual Property, is used by a donee to report net income from qualified intellectual property to the donor of the property and to the IRS and is due by the last day of the first full month following the close of the donee’s tax year. Can i file my 2011 taxes on turbotax This form must be filed for each tax year of the donee in which the donated property produces net income, but only if all or part of that tax year occurs during the 10-year period beginning on the date of the contribution and that tax year does not begin after the expiration of the legal life of the donated property. Can i file my 2011 taxes on turbotax Qualified donee income. Can i file my 2011 taxes on turbotax   Qualified donee income is any net income received by or accrued to the donee that is properly allocable to the qualified intellectual property for the tax year of the donee which ends within or with the tax year of the donor. Can i file my 2011 taxes on turbotax Income is not treated as allocated to qualified intellectual property if it is received or accrued after the earlier of the expiration of the legal life of the qualified intellectual property, or the 10-year period beginning with the date of
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Understanding Your CP286 Notice

We send this notice when we approve Form 8716, Election To Have a Tax Year Other Than a Required Tax Year.


What you need to do


You may want to


Answers to Common Questions

What should I do if I want to change my tax year for Form 1065 or Form 1120S to a calendar year filing?
File a final Form 8752, which will terminate your section 444 election. If you have a credit on your account, you must file a final Form 8752 for us to refund the payments to you. You must also file a short period business income tax return with your final Form 8752 (Form 1065 or Form 1120S) ending December 31.

Do I need to file Form 8752 when I don’t owe a payment?
Yes. You must file Form 8752 each year the section 444 election is in effect, even if no payment is due.

What if I am no longer required to file a Form 1065 or Form 1120S? Do I need to ask the IRS to terminate my election?
Yes. You must send a final Form 1065 or Form 1120S, along with a final Form 8752.

Are there any consequences if I don’t file Form 8752 or send in my payment when I file?
Failure to file or failure to pay will result in the termination of your fiscal year election.


Understanding your notice

Your notice may look different from the sample because the information contained in your notice is tailored to your situation.

Notice CP286, Page 1

 

Page Last Reviewed or Updated: 14-Jan-2014

Printable samples of this notice (PDF)

 

 

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 Can I File My 2011 Taxes On Turbotax

Can i file my 2011 taxes on turbotax 25. Can i file my 2011 taxes on turbotax   Pérdidas por Hecho Fortuito y Robo no Relacionadas con los Negocios Table of Contents Qué Hay de Nuevo Introduction Useful Items - You may want to see: Hecho FortuitoMascota de la familia. Can i file my 2011 taxes on turbotax Deterioro progresivo. Can i file my 2011 taxes on turbotax Daños ocasionados por paneles de yeso (drywall) corrosivos. Can i file my 2011 taxes on turbotax Robo Pérdidas de Depósitos Comprobación de las Pérdidas Cómo Calcular una PérdidaDisminución del Valor Justo de Mercado Base Ajustada Seguro y Otros Reembolsos Un Solo Hecho Fortuito en Bienes Múltiples Límites de la DeducciónRegla de los $100 Regla del 10% Cuándo Declarar Ganancias y PérdidasPérdidas en Zonas de Desastre Cómo Declarar Ganancias y Pérdidas Qué Hay de Nuevo Nueva Sección C en el Formulario 4684 para esquemas de inversión de tipo Ponzi (Ponzi-type schemes). Can i file my 2011 taxes on turbotax  La Sección C del Formulario 4684 (disponible en inglés) es nueva para el año 2013. Can i file my 2011 taxes on turbotax Usted debe completar la Sección C si está reclamando una deducción de pérdida por robo debido a un esquema de inversión de tipo Ponzi (Ponzi-type scheme) y estará usando el Procedimiento Tributario (Revenue Procedure) 2009-20, según modificado por el Procedimiento Tributario (Revenue Procedure) 2011-58. Can i file my 2011 taxes on turbotax La Sección C del Formulario 4864 reemplaza el Anexo A del Procedimiento Tributario (Revenue Procedure) 2009-20. Can i file my 2011 taxes on turbotax No necesita completar el Anexo A. Can i file my 2011 taxes on turbotax Para más información, vea Pérdidas provenientes de esquemas de inversión de tipo Ponzi (Ponzi-type schemes) en este capítulo. Can i file my 2011 taxes on turbotax Introduction Este capítulo explica el trato tributario de pérdidas personales (no relacionadas con los negocios o las inversiones) por hecho fortuito, pérdidas por robo y pérdidas en depósitos. Can i file my 2011 taxes on turbotax Este capítulo también presenta los siguientes temas: Cómo calcular el monto de su pérdida. Can i file my 2011 taxes on turbotax Cómo considerar seguros y otros reembolsos que reciba. Can i file my 2011 taxes on turbotax Límites de la deducción. Can i file my 2011 taxes on turbotax Cuándo y cómo declarar la ocurrencia de un hecho fortuito o robo. Can i file my 2011 taxes on turbotax Formularios que tiene que presentar. Can i file my 2011 taxes on turbotax    Si es víctima de un hecho fortuito o robo, tiene que presentar el Formulario 4684, en inglés. Can i file my 2011 taxes on turbotax Asimismo, tiene que presentar por lo menos uno de los siguientes formularios, todos en inglés: Anexo A (Formulario 1040), Itemized Deductions (Deducciones detalladas). Can i file my 2011 taxes on turbotax Anexo D (Formulario 1040), Capital Gains and Losses (Ganancias y pérdidas de capital). Can i file my 2011 taxes on turbotax Expropiaciones forzosas. Can i file my 2011 taxes on turbotax   Para obtener información sobre expropiaciones de propiedad, vea Involuntary Conversions (Conversiones involuntarias) en el capítulo 1 de la Publicación 544, Sales and other Disposition of Assets (Ventas y otras enajenaciones de bienes), en inglés. Can i file my 2011 taxes on turbotax Registro para el cálculo de pérdidas por hecho fortuito y robo. Can i file my 2011 taxes on turbotax    La Publicación 584SP está a su disposición para ayudarle a hacer una lista de artículos de propiedad personal que hayan sido robados o hayan sufrido daños, y luego calcular su pérdida. Can i file my 2011 taxes on turbotax En dicha publicación se incluyen tablas para ayudarle a calcular el monto de las pérdidas de su casa, artículos del hogar y sus vehículos motorizados. Can i file my 2011 taxes on turbotax Pérdidas relacionadas con negocios o inversiones. Can i file my 2011 taxes on turbotax   Para obtener información sobre pérdidas de propiedad de un negocio o de generación de ingresos debido a hechos fortuitos o robo, vea la Publicación 547(SP), Hechos Fortuitos, Desastres y Robos. Can i file my 2011 taxes on turbotax Useful Items - You may want to see: Publicación 544 Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés 547(SP) Hechos Fortuitos, Desastres y Robos 584SP Registro de Pérdidas por Hechos Fortuitos (Imprevistos), Desastres y Robos (Propiedad de uso personal)  Formulario (e Instrucciones) Anexo A (Formulario 1040) Itemized Deductions (Deducciones detalladas), en inglés Anexo D (Formulario 1040) Capital Gains and Losses (Ganancias y pérdidas de capital), en inglés 4684 Casualties and Thefts (Hechos fortuitos y robos), en inglés Hecho Fortuito Un hecho fortuito es el daño, la destrucción o la pérdida de propiedad ocasionados por un acontecimiento identificable y repentino, inesperado o poco común. Can i file my 2011 taxes on turbotax Un acontecimiento repentino es aquél que ocurre rápidamente; no es paulatino ni progresivo. Can i file my 2011 taxes on turbotax Un acontecimiento inesperado es aquél que comúnmente no se anticipa ni es intencionado. Can i file my 2011 taxes on turbotax Un acontecimiento poco común es aquél que no ocurre a diario y no es algo típico dentro de las actividades que usted realiza. Can i file my 2011 taxes on turbotax Pérdidas deducibles. Can i file my 2011 taxes on turbotax   Las pérdidas deducibles por hechos fortuitos pueden deberse a diversas causas, entre ellas: Accidentes automovilísticos (vea las excepciones en el tema Pérdidas no deducibles , que aparece a continuación). Can i file my 2011 taxes on turbotax Terremotos. Can i file my 2011 taxes on turbotax Incendios (vea las excepciones en el tema Pérdidas no deducibles , que aparece a continuación). Can i file my 2011 taxes on turbotax Inundaciones. Can i file my 2011 taxes on turbotax Demolición o reubicación de una vivienda poco segura por orden del gobierno debido a un desastre, como se explica en la sección Pérdidas en Zonas de Desastre en la Publicación 547(SP). Can i file my 2011 taxes on turbotax Hundimientos (derrumbes) de minas. Can i file my 2011 taxes on turbotax Naufragios. Can i file my 2011 taxes on turbotax Estallidos supersónicos. Can i file my 2011 taxes on turbotax Tormentas, incluidos huracanes y tornados. Can i file my 2011 taxes on turbotax Ataques terroristas. Can i file my 2011 taxes on turbotax Vandalismo. Can i file my 2011 taxes on turbotax Erupciones volcánicas. Can i file my 2011 taxes on turbotax Pérdidas no deducibles. Can i file my 2011 taxes on turbotax   Una pérdida por hecho fortuito no es deducible si el daño o la destrucción ha sido causado por los siguientes factores: El quiebre accidental de artículos como, por ejemplo, vasos o vajilla fina en condiciones normales. Can i file my 2011 taxes on turbotax Una mascota de la familia (se explica más adelante). Can i file my 2011 taxes on turbotax Un incendio si usted, por voluntad propia, lo prendió o le pagó a alguien para que lo prendiera. Can i file my 2011 taxes on turbotax Un accidente automovilístico si éste fue causado por su propia negligencia o acto voluntario. Can i file my 2011 taxes on turbotax Esto también es aplicable si el acto o negligencia de alguna persona que actuaba en nombre suyo fue causa del accidente. Can i file my 2011 taxes on turbotax Deterioro progresivo (explicado más adelante). Can i file my 2011 taxes on turbotax Mascota de la familia. Can i file my 2011 taxes on turbotax   La pérdida de bienes debido a daños causados por una mascota de la familia no es deducible como pérdida por hecho fortuito a menos que se cumplan los requisitos indicados anteriormente bajo Hecho Fortuito . Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Antes de acostumbrarse a su casa, su nuevo cachorro causó daños a su alfombra oriental antigua. Can i file my 2011 taxes on turbotax Debido a que los daños no fueron inesperados ni fuera de lo común, la pérdida resultante no se puede deducir como pérdida por hecho fortuito. Can i file my 2011 taxes on turbotax Deterioro progresivo. Can i file my 2011 taxes on turbotax    La pérdida de propiedad por causa de deterioro progresivo no es deducible como hecho fortuito. Can i file my 2011 taxes on turbotax Esto se debe a que el daño ocurre como resultado de un funcionamiento permanente o un proceso normal, en lugar de ser resultado de un acontecimiento repentino. Can i file my 2011 taxes on turbotax A continuación se presentan algunos ejemplos de daños producidos por el deterioro progresivo: El debilitamiento continuo de un edificio debido al viento normal y las condiciones del tiempo. Can i file my 2011 taxes on turbotax El deterioro y daño causados a un calentador de agua que explota. Can i file my 2011 taxes on turbotax Sin embargo, el óxido y el daño por el agua a alfombras y cortinas al explotar el calentador, sí se considera hecho fortuito. Can i file my 2011 taxes on turbotax La mayoría de las pérdidas de propiedad por motivo de sequía. Can i file my 2011 taxes on turbotax Para que una pérdida relacionada con sequía sea deducible, por lo general, tiene que ocurrir durante un oficio o negocio o alguna transacción en la que se participe con fines de lucro. Can i file my 2011 taxes on turbotax Daño por termitas o polillas. Can i file my 2011 taxes on turbotax El daño o destrucción de árboles, arbustos u otras plantas, causado por hongos, enfermedades, insectos, gusanos o pestes similares. Can i file my 2011 taxes on turbotax Sin embargo, si ocurre una destrucción repentina debido a una infestación poco común de escarabajos u otros insectos, ésta puede dar lugar a una pérdida por hecho fortuito. Can i file my 2011 taxes on turbotax Daños ocasionados por paneles de yeso (drywall) corrosivos. Can i file my 2011 taxes on turbotax   Conforme a un procedimiento especial, es posible que pueda reclamar una deducción por pérdidas fortuitas si su vivienda y sus electrodomésticos quedaron dañados por paneles de yeso corrosivos y usted pagó los costos para reparar dichos bienes. Can i file my 2011 taxes on turbotax Para información adicional, vea la Publicación 547(SP). Can i file my 2011 taxes on turbotax Robo Un robo es el acto de tomar y sacar dinero o propiedad con la intención de privar al dueño de éstos. Can i file my 2011 taxes on turbotax Tomar la propiedad tiene que ser ilegal conforme a las leyes del estado donde el robo tuvo lugar y tiene que haberse realizado con intenciones delictivas. Can i file my 2011 taxes on turbotax No es necesario indicar una condena por robo. Can i file my 2011 taxes on turbotax Un robo incluye tomar dinero o propiedad a través de los siguientes medios: Chantaje. Can i file my 2011 taxes on turbotax Escalamiento (violación de domicilio). Can i file my 2011 taxes on turbotax Malversación. Can i file my 2011 taxes on turbotax Extorsión. Can i file my 2011 taxes on turbotax Secuestro para exigir rescate. Can i file my 2011 taxes on turbotax Hurto. Can i file my 2011 taxes on turbotax Robo. Can i file my 2011 taxes on turbotax Tomar dinero o bienes mediante fraude o declaraciones falsas constituye robo si es un acto ilegal conforme a las leyes estatales o locales. Can i file my 2011 taxes on turbotax Disminución del valor de mercado de acciones. Can i file my 2011 taxes on turbotax   No puede deducir como pérdida por robo la disminución del valor de las acciones que haya adquirido en el mercado abierto con fines de inversión si dicha disminución es causada por la revelación de un fraude contable u otro tipo de conducta ilegal por parte de los funcionarios o directores de la entidad que emitió las acciones. Can i file my 2011 taxes on turbotax Sin embargo, puede deducir como pérdida de capital la pérdida que haya tenido al vender o intercambiar las acciones o si éstas pierden totalmente su valor. Can i file my 2011 taxes on turbotax Se declara una pérdida de capital en el Anexo D (Formulario 1040), en inglés. Can i file my 2011 taxes on turbotax Para obtener más información sobre la venta de acciones, acciones sin valor y pérdidas de capital, vea el capítulo 4 de la Publicación 550, en inglés. Can i file my 2011 taxes on turbotax Propiedad extraviada o perdida. Can i file my 2011 taxes on turbotax   La simple desaparición de dinero o propiedad no constituye un robo. Can i file my 2011 taxes on turbotax Sin embargo, una pérdida o desaparición accidental de propiedad puede considerarse hecho fortuito si es el resultado de un acontecimiento identificable que ocurre de manera repentina, inesperada o poco común. Can i file my 2011 taxes on turbotax Los acontecimientos repentinos, inesperados y poco comunes se definen en una sección anterior. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Se cierra una puerta de su automóvil accidentalmente en su mano y rompe el engaste de su anillo de diamante. Can i file my 2011 taxes on turbotax El diamante se cae del anillo y nunca lo pudo encontrar. Can i file my 2011 taxes on turbotax La pérdida del diamante es un hecho fortuito. Can i file my 2011 taxes on turbotax Pérdidas provenientes de esquemas de inversión de tipo Ponzi (Ponzi-type schemes). Can i file my 2011 taxes on turbotax   Si sufrió una pérdida por un esquema de inversión de tipo Ponzi, vea: la Resolución Administrativa Tributaria (Revenue Ruling) 2009-9, 2009-14 I. Can i file my 2011 taxes on turbotax R. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 735 (disponible en el sitio www. Can i file my 2011 taxes on turbotax irs. Can i file my 2011 taxes on turbotax gov/irb/2009-14_IRB/ar07. Can i file my 2011 taxes on turbotax html). Can i file my 2011 taxes on turbotax el Procedimiento Tributario (Revenue Procedure) 2009-20, 2009-14 I. Can i file my 2011 taxes on turbotax R. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 749 (disponible en el sitio www. Can i file my 2011 taxes on turbotax irs. Can i file my 2011 taxes on turbotax gov/irb/2009-14_IRB/ar11. Can i file my 2011 taxes on turbotax html). Can i file my 2011 taxes on turbotax el Procedimiento Tributario (Revenue Procedure) 2011-58, 2011-50 I. Can i file my 2011 taxes on turbotax R. Can i file my 2011 taxes on turbotax B. Can i file my 2011 taxes on turbotax 849 (disponible en el sitio www. Can i file my 2011 taxes on turbotax irs. Can i file my 2011 taxes on turbotax gov/irb/2011-50_IRB/ar11. Can i file my 2011 taxes on turbotax html). Can i file my 2011 taxes on turbotax Si reúne los requisitos y opta por seguir los procedimientos indicados en el Procedimiento Tributario (Revenue Procedure) 2009-20, según modificado por el Procedimiento Tributario (Revenue Procedure) 2011-58, primero debe completar la Sección C del Formulario 4684, en inglés, para determinar la cantidad a entrar en la línea 28 de la Sección B. Can i file my 2011 taxes on turbotax No complete las líneas 19 a la 27. Can i file my 2011 taxes on turbotax La Sección C reemplaza al Anexo A del Procedimiento Tributario (Revenue Procedure) 2009-20. Can i file my 2011 taxes on turbotax No necesita completar el Anexo A. Can i file my 2011 taxes on turbotax Para información adicional, vea la orden reglamentaria sobre impuestos y los procedimientos tributarios mencionados anteriormente y las Instrucciones para el Formulario 4684. Can i file my 2011 taxes on turbotax   Si escoge no utilizar el procedimiento del Procedimiento Tributario (Revenue Procedure) 2009-20, usted puede declarar su pérdida por robo completando las líneas 19 a la 39 de la Sección B, según corresponda. Can i file my 2011 taxes on turbotax Pérdidas de Depósitos Una pérdida de depósitos monetarios puede ocurrir cuando un banco, una cooperativa de crédito u otra institución financiera se declara insolvente o en quiebra (bancarrota). Can i file my 2011 taxes on turbotax Si usted ha sufrido este tipo de pérdida, puede escoger uno de los métodos siguientes para deducir dicha pérdida: Pérdida por hechos fortuitos. Can i file my 2011 taxes on turbotax Pérdida ordinaria. Can i file my 2011 taxes on turbotax Deuda incobrable no relacionada con los negocios. Can i file my 2011 taxes on turbotax Pérdida ordinaria o por hechos fortuitos. Can i file my 2011 taxes on turbotax   Tiene la opción de deducir una pérdida de depósitos como hecho fortuito o como pérdida ordinaria, cualquier año en el que pueda calcular de manera razonable la cantidad de depósitos que ha perdido en una institución financiera insolvente o en quiebra. Can i file my 2011 taxes on turbotax Generalmente puede escoger esta opción cuando presente su declaración de impuestos para ese año y es aplicable a todas las pérdidas en depósitos que haya tenido ese año y en esa institución financiera en particular. Can i file my 2011 taxes on turbotax Si trata la pérdida como pérdida por hecho fortuito o pérdida ordinaria, no puede considerar la misma cantidad de la pérdida como deuda incobrable no relacionada con los negocios cuando dicha cantidad pierda su valor total. Can i file my 2011 taxes on turbotax Sin embargo, sí puede tomar una deducción por deuda incobrable no relacionada con los negocios por todo monto de pérdida cuyo valor sea superior a la cantidad estimada que dedujo como pérdida por hecho fortuito o pérdida ordinaria. Can i file my 2011 taxes on turbotax Una vez que haya tomado esta opción, no puede cambiarla sin autorización del IRS. Can i file my 2011 taxes on turbotax   Si declara una pérdida ordinaria, reclámela como una deducción miscelánea detallada en la línea 23 del Anexo A (Formulario 1040). Can i file my 2011 taxes on turbotax La cantidad máxima que puede reclamar es $20,000 ($10,000 si es casado y presenta la declaración por separado), menos toda ganancia que espere recibir de algún seguro estatal. Can i file my 2011 taxes on turbotax El monto de la pérdida está sujeto al límite del 2% del ingreso bruto ajustado. Can i file my 2011 taxes on turbotax No puede declarar una pérdida ordinaria si alguna parte de dichos depósitos está asegurada por el gobierno federal. Can i file my 2011 taxes on turbotax Deudas incobrables no relacionadas con los negocios. Can i file my 2011 taxes on turbotax   Si decide no deducir la pérdida como pérdida por hecho fortuito o pérdida ordinaria, tendrá que esperar hasta el año en que se determine la pérdida real y entonces deducirla en ese año como deuda incobrable no relacionada con los negocios. Can i file my 2011 taxes on turbotax Cómo hacer la declaración. Can i file my 2011 taxes on turbotax   El tipo de deducción que escoja para su pérdida de depósitos determinará cómo debe declarar su pérdida. Can i file my 2011 taxes on turbotax Si escoge: Pérdida por hecho fortuito — declárela primero en el Formulario 4684 y luego en el Anexo A del Formulario 1040, ambos en inglés. Can i file my 2011 taxes on turbotax Pérdida ordinaria — declárela en el Anexo A del Formulario 1040 como una deducción miscelánea detallada. Can i file my 2011 taxes on turbotax Deuda incobrable no relacionada con los negocios — declárela primero en el Formulario 8949 y luego en el Anexo D del Formulario 1040, ambos en inglés. Can i file my 2011 taxes on turbotax Información adicional. Can i file my 2011 taxes on turbotax   Para más información, vea la sección titulada Special Treatment for Losses on Deposits in Insolvent or Bankrupt Financial Institutions (Trato especial para pérdidas de depósitos en instituciones financieras insolventes o en quiebra) en las instrucciones del Formulario 4684 o Deposit in Insolvent or Bankrupt Financial Institution (Depósito en una institución financiera insolvente o en quiebra) en la Publicación 550, ambas en inglés. Can i file my 2011 taxes on turbotax Comprobación de las Pérdidas Para poder deducir una pérdida por hecho fortuito o una pérdida por robo, tiene que poder demostrar que dicho hecho fortuito o robo ocurrió. Can i file my 2011 taxes on turbotax También tiene que poder justificar la cantidad que declare como deducción. Can i file my 2011 taxes on turbotax Comprobación de las pérdidas por hecho fortuito. Can i file my 2011 taxes on turbotax   Para deducir una pérdida por hecho fortuito, sus datos deben mostrar todo lo siguiente: El tipo de hecho fortuito (accidente automovilístico, incendio, tormenta, etc. Can i file my 2011 taxes on turbotax ) y la fecha en que ocurrió. Can i file my 2011 taxes on turbotax Que la pérdida ocurrió como resultado directo de dicho hecho fortuito. Can i file my 2011 taxes on turbotax Que usted era dueño de la propiedad o, si la alquilaba de otra persona, que usted tenía la responsabilidad contractual hacia el dueño por los daños. Can i file my 2011 taxes on turbotax Si existe una solicitud de reembolso con expectativas razonables de recibirlo. Can i file my 2011 taxes on turbotax Comprobación de las pérdidas por robo. Can i file my 2011 taxes on turbotax   Para deducir una pérdida por robo, sus datos deben mostrar todo lo siguiente: La fecha en la que descubrió que su propiedad había desaparecido. Can i file my 2011 taxes on turbotax Que su propiedad fue robada. Can i file my 2011 taxes on turbotax Que usted era el dueño de dicha propiedad. Can i file my 2011 taxes on turbotax Si existe una solicitud de reembolso con expectativas razonables de recibirlo. Can i file my 2011 taxes on turbotax Es importante que tenga la documentación necesaria que demuestre el monto de la deducción. Can i file my 2011 taxes on turbotax Si no tiene documentos que corroboran dicha deducción, puede usar otro tipo de pruebas satisfactorias para estos efectos. Can i file my 2011 taxes on turbotax Cómo Calcular una Pérdida Calcule el monto de la pérdida utilizando los pasos siguientes: Determine la base ajustada de la propiedad antes de haber ocurrido el hecho fortuito o robo. Can i file my 2011 taxes on turbotax Determine la baja del valor justo de mercado de la propiedad a causa del hecho fortuito o robo. Can i file my 2011 taxes on turbotax De la cantidad más baja entre las cantidades de los puntos (1) y (2), reste el monto de todo otro seguro o reembolso que haya recibido o espere recibir. Can i file my 2011 taxes on turbotax En el caso de propiedad para uso personal y propiedad utilizada durante la prestación de servicios como empleado, aplique los límites de la deducción que se explican más adelante para calcular la cantidad de pérdida que puede deducir. Can i file my 2011 taxes on turbotax Ganancias por reembolsos. Can i file my 2011 taxes on turbotax   Tiene una ganancia si el reembolso es mayor que la base ajustada de la propiedad. Can i file my 2011 taxes on turbotax Esto ocurre aun cuando la disminución del valor justo de mercado de la propiedad es menor que la base ajustada. Can i file my 2011 taxes on turbotax Si obtiene una ganancia, posiblemente tenga que pagar impuestos sobre esa cantidad o tal vez pueda posponer la declaración de dicha ganancia. Can i file my 2011 taxes on turbotax Vea la Publicación 547(SP) para más información sobre cómo tratar una ganancia proveniente del reembolso de un hecho fortuito o robo. Can i file my 2011 taxes on turbotax Propiedad alquilada. Can i file my 2011 taxes on turbotax   Si es responsable de los daños causados por hecho fortuito a una propiedad que alquila, su pérdida es la cantidad que tiene que pagar para reparar la propiedad menos todo seguro u otro reembolso que reciba o espere recibir. Can i file my 2011 taxes on turbotax Disminución del Valor Justo de Mercado El valor justo de mercado (FMV, por sus siglas en inglés) es el precio por el cual podría vender su propiedad a un comprador dispuesto a comprar cuando ninguno de los dos tiene que vender o comprar y ambos conocen todos los hechos pertinentes. Can i file my 2011 taxes on turbotax La disminución del valor justo de mercado que se utiliza para calcular el monto de la pérdida por hecho fortuito o robo es la diferencia entre el valor justo de mercado de la propiedad inmediatamente antes e inmediatamente después de ocurrir el hecho fortuito o robo. Can i file my 2011 taxes on turbotax Valor justo de mercado de la propiedad robada. Can i file my 2011 taxes on turbotax   El valor justo de mercado de la propiedad inmediatamente después de un robo se considera cero, puesto que usted ya no tiene la propiedad. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Usted compró dólares de plata por un valor nominal de $150 hace varios años. Can i file my 2011 taxes on turbotax Ésta es la base ajustada de esa propiedad. Can i file my 2011 taxes on turbotax Este año, le robaron los dólares de plata. Can i file my 2011 taxes on turbotax El valor justo de mercado de las monedas era $1,000 justo antes de ser robadas y no las cubría el seguro. Can i file my 2011 taxes on turbotax Su pérdida por robo es $150. Can i file my 2011 taxes on turbotax Propiedad robada recuperada. Can i file my 2011 taxes on turbotax   La propiedad robada recuperada es propiedad suya que le fue robada y posteriormente devuelta a usted. Can i file my 2011 taxes on turbotax Si recupera propiedad después de haber incluido una deducción de pérdida por robo, tiene que volver a calcular la pérdida utilizando la base ajustada más baja de la propiedad (la cual se explica más adelante) o la disminución del valor justo de mercado desde el momento inmediatamente antes de que fuera robada hasta el momento en que se recuperó. Can i file my 2011 taxes on turbotax Use esta cantidad para volver a calcular la pérdida total para el año en el que se dedujo dicha pérdida. Can i file my 2011 taxes on turbotax   Si el monto de la pérdida recalculada es menor que la pérdida que dedujo, generalmente tiene que declarar la diferencia como ingresos en el año en que la recuperó. Can i file my 2011 taxes on turbotax Pero declare la diferencia sólo hasta la cantidad de la pérdida que redujo su impuesto. Can i file my 2011 taxes on turbotax Para obtener más información sobre la cantidad que debe declarar, vea Recuperación de Fondos en el capítulo 12. Can i file my 2011 taxes on turbotax Cómo Calcular la Disminución del Valor Justo de Mercado— Aspectos que se Deben Tener en Cuenta Para calcular la disminución del valor justo de mercado debido a un hecho fortuito o un robo, por lo general, necesita una tasación competente. Can i file my 2011 taxes on turbotax No obstante, también se pueden emplear otras medidas para establecer ciertas disminuciones. Can i file my 2011 taxes on turbotax Tasación. Can i file my 2011 taxes on turbotax   Un tasador competente debe realizar una tasación para determinar la diferencia entre valor justo de mercado de la propiedad inmediatamente antes de ocurrir el hecho fortuito o robo e inmediatamente después. Can i file my 2011 taxes on turbotax El tasador tiene que tener en cuenta los efectos de toda baja general del mercado que pueda ocurrir paralelamente con el hecho fortuito. Can i file my 2011 taxes on turbotax Esta información es necesaria para limitar toda deducción de la pérdida real que se originó por el daño a la propiedad. Can i file my 2011 taxes on turbotax   Existen varios factores importantes para evaluar la exactitud de una tasación, entre ellos: El conocimiento del tasador sobre su propiedad antes y después del hecho fortuito o robo. Can i file my 2011 taxes on turbotax El conocimiento del tasador sobre la venta de propiedades similares en esa zona. Can i file my 2011 taxes on turbotax El conocimiento del tasador sobre las condiciones de la zona donde ocurrió el hecho fortuito. Can i file my 2011 taxes on turbotax El método de tasación que utilice el tasador. Can i file my 2011 taxes on turbotax    Para establecer la cantidad de su pérdida por desastre debido a un desastre declarado como tal por el gobierno federal, quizá podría utilizar una tasación obtenida para un préstamo del gobierno federal (o una garantía de préstamo federal). Can i file my 2011 taxes on turbotax Para obtener más información sobre desastres, vea la sección titulada Pérdidas en Zonas de Desastre en la Publicación 547(SP). Can i file my 2011 taxes on turbotax Costo de limpieza y reparaciones. Can i file my 2011 taxes on turbotax   El costo de reparar propiedad dañada no es parte de la pérdida por hechos fortuitos. Can i file my 2011 taxes on turbotax Tampoco lo es el costo de la limpieza después de un hecho fortuito. Can i file my 2011 taxes on turbotax Pero puede utilizar el costo de la limpieza o de las reparaciones después de un hecho fortuito como una medida de la disminución del valor justo de mercado, si cumple con todas las condiciones siguientes: Las reparaciones de hecho se realizan. Can i file my 2011 taxes on turbotax Las reparaciones son necesarias para que la propiedad vuelva a su condición anterior a que ocurriera el hecho fortuito. Can i file my 2011 taxes on turbotax La cantidad que se gasta en reparaciones no es excesiva. Can i file my 2011 taxes on turbotax Las reparaciones se realizan únicamente para reparar los daños. Can i file my 2011 taxes on turbotax El valor de la propiedad después de efectuadas las reparaciones no es, debido a dichas reparaciones, mayor que el valor de la propiedad antes de ocurrir el hecho fortuito. Can i file my 2011 taxes on turbotax Jardines. Can i file my 2011 taxes on turbotax   El costo de restaurar jardines a su condición original después de un hecho fortuito podría indicar la disminución del valor justo de mercado. Can i file my 2011 taxes on turbotax Es posible que pueda medir la pérdida según lo que gaste en las siguientes actividades: Sacar árboles y arbustos destruidos o dañados, menos el valor de todo artículo salvado que haya recibido. Can i file my 2011 taxes on turbotax Podar y tomar otras medidas a fin de conservar árboles y arbustos dañados. Can i file my 2011 taxes on turbotax Volver a plantar si es necesario para restaurar la propiedad a su valor aproximado antes de ocurrir el hecho fortuito. Can i file my 2011 taxes on turbotax Valor de automóviles. Can i file my 2011 taxes on turbotax    Los libros de diversas organizaciones automovilísticas que incluyan información sobre su automóvil pueden ser útiles para calcular el valor del mismo. Can i file my 2011 taxes on turbotax Puede usar los valores de venta al por menor que aparecen en los libros y modificarlos según factores como el millaje y la condición de su vehículo para calcular el valor. Can i file my 2011 taxes on turbotax Los precios no son oficiales, pero podrían ser útiles para determinar el valor del auto y sugerir precios relativos que sirvan de comparación con las ventas y ofertas actuales de su zona. Can i file my 2011 taxes on turbotax Si su automóvil no aparece en esos libros, determine el valor basándose en otras fuentes. Can i file my 2011 taxes on turbotax La oferta que reciba de un concesionario por su automóvil como parte del pago por uno nuevo normalmente no es un cálculo de su valor real. Can i file my 2011 taxes on turbotax Cómo Calcular la Disminución del Valor Justo de Mercado— Aspectos que no se Deben Tener en Cuenta Por lo general, no se deben tener en cuenta los siguientes puntos al calcular la disminución del valor justo de mercado de su propiedad. Can i file my 2011 taxes on turbotax Costos de protección. Can i file my 2011 taxes on turbotax   El costo de proteger su propiedad contra un hecho fortuito o robo no es parte de las pérdidas por hecho fortuito o robo. Can i file my 2011 taxes on turbotax La suma que gaste para proteger su casa de tormentas, ya sea en seguros o colocando tablones sobre las ventanas, no constituye parte de la pérdida. Can i file my 2011 taxes on turbotax   Si realiza mejoras permanentes en su propiedad para protegerse de un hecho fortuito o robo, agregue el costo de estas mejoras a la base de la propiedad. Can i file my 2011 taxes on turbotax Un ejemplo sería el costo de un dique para prevenir inundaciones. Can i file my 2011 taxes on turbotax Excepción. Can i file my 2011 taxes on turbotax   Los gastos en los que incurrió en relación a pagos calificados de mitigación de desastres no se pueden añadir a la base de la propiedad, ni deducirse como gastos de negocio. Can i file my 2011 taxes on turbotax Vea Pérdidas en Zonas de Desastre en la Publicación 547(SP). Can i file my 2011 taxes on turbotax Gastos imprevistos. Can i file my 2011 taxes on turbotax   Los gastos imprevistos en los que incurra por causa de un hecho fortuito o robo, como por ejemplo los gastos de tratamiento de lesiones personales, gastos de vivienda temporal o de alquilar un automóvil, no constituyen parte de su pérdida por hecho fortuito o robo. Can i file my 2011 taxes on turbotax Costo de reposición. Can i file my 2011 taxes on turbotax   Los costos de reposición de bienes robados o destruidos no son parte de la pérdida por hecho fortuito o robo. Can i file my 2011 taxes on turbotax Valor sentimental. Can i file my 2011 taxes on turbotax   No tenga en cuenta el valor sentimental cuando calcule su pérdida. Can i file my 2011 taxes on turbotax Si un retrato familiar, artículos heredados o recuerdos han sido dañados, destruidos o robados, tiene que basar su pérdida sólo en el valor justo de mercado de estos bienes, limitado por su base ajustada en dichos bienes. Can i file my 2011 taxes on turbotax Disminución del valor de mercado de la propiedad en la zona del hecho fortuito o en sus alrededores. Can i file my 2011 taxes on turbotax   No se puede tener en cuenta la disminución del valor de una propiedad por encontrarse en una zona afectada por un hecho fortuito o en los alrededores de esa zona, o en una zona que podría volver a sufrir un hecho de este tipo. Can i file my 2011 taxes on turbotax Su pérdida es sólo por los daños reales a la propiedad. Can i file my 2011 taxes on turbotax Sin embargo, si su hogar se encuentra en un área declarada zona de desastre por el gobierno federal, vea Pérdidas en Zonas de Desastre en la Publicación 547(SP). Can i file my 2011 taxes on turbotax Costos de fotografías y tasaciones. Can i file my 2011 taxes on turbotax    Las fotografías tomadas después de haber ocurrido el hecho fortuito servirán para establecer la condición y el valor de la propiedad después de los daños. Can i file my 2011 taxes on turbotax También serán útiles las fotografías que muestren la condición de la propiedad después de haber sido reparada, restaurada o repuesta. Can i file my 2011 taxes on turbotax   Se usan tasaciones para calcular la disminución del valor justo de mercado por un hecho fortuito o robo. Can i file my 2011 taxes on turbotax Para obtener información sobre las tasaciones, vea Tasación en la sección anterior titulada Cómo Calcular la Disminución del Valor Justo de Mercado — Aspectos que se Deben Tener en Cuenta. Can i file my 2011 taxes on turbotax   Los costos de fotografías y tasaciones usadas como prueba del valor y condición de la propiedad dañada por causa de un hecho fortuito no son parte de la pérdida. Can i file my 2011 taxes on turbotax Puede declarar estos costos como una deducción miscelánea detallada sujeta al límite del 2% del ingreso bruto ajustado del Anexo A (Formulario 1040). Can i file my 2011 taxes on turbotax Para más información acerca de las deducciones misceláneas, vea el capítulo 28. Can i file my 2011 taxes on turbotax Base Ajustada La base ajustada es el grado de inversión (o base) que usted tiene en los bienes (normalmente el costo) que posee, el cual se ve aumentado o disminuido por varios acontecimientos, como mejoras y pérdidas por hecho fortuito. Can i file my 2011 taxes on turbotax Para más información, vea el cápitulo 13. Can i file my 2011 taxes on turbotax Seguro y Otros Reembolsos Si recibe un pago de un seguro u otro tipo de reembolso, tiene que restar el monto del reembolso cuando calcule su pérdida. Can i file my 2011 taxes on turbotax No tendrá pérdida por hechos fortuitos o por robo en la medida en que se le reembolse. Can i file my 2011 taxes on turbotax Si espera un reembolso parcial o total de la pérdida, tiene que restar el monto del reembolso esperado cuando calcule la pérdida. Can i file my 2011 taxes on turbotax Tiene que reducir la pérdida aun si no recibe el pago hasta un año tributario posterior. Can i file my 2011 taxes on turbotax Vea más adelante la sección titulada Reembolso Recibido Después de la Deducción de una Pérdida . Can i file my 2011 taxes on turbotax En caso de no presentar una reclamación de reembolso. Can i file my 2011 taxes on turbotax   Si su propiedad está asegurada, tiene que presentar oportunamente al seguro una reclamación de reembolso de la pérdida. Can i file my 2011 taxes on turbotax De lo contrario, no puede deducir esta pérdida como hecho fortuito o robo. Can i file my 2011 taxes on turbotax Sin embargo, la porción de la pérdida que no cubre el seguro no está sujeta a esta regla (por ejemplo, un monto deducible). Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Usted tiene una póliza de seguro de automóvil con un deducible de $1,000. Can i file my 2011 taxes on turbotax Como su seguro no cubrió los primeros $1,000 de un choque automovilístico, los $1,000 constituirían una suma deducible (sujeta a los límites de la deducción que se explican más adelante). Can i file my 2011 taxes on turbotax Esto es cierto aun si no presenta una reclamación de reembolso al seguro, ya que su póliza de seguro bajo ninguna circunstancia le hubiera reembolsado la suma deducible. Can i file my 2011 taxes on turbotax Tipos de Reembolsos El tipo de reembolso más común es el pago del seguro por bienes robados o dañados. Can i file my 2011 taxes on turbotax A continuación se examinan otros tipos de reembolsos. Can i file my 2011 taxes on turbotax Vea también las Instrucciones del Formulario 4684, en inglés. Can i file my 2011 taxes on turbotax Fondo de emergencia del empleador en caso de desastre. Can i file my 2011 taxes on turbotax   Si recibe dinero proveniente del fondo de emergencia del empleador en caso de desastre y tiene que utilizar ese dinero para arreglar o reponer bienes sobre los cuales declara una deducción de pérdida por hecho fortuito, tiene que tener en cuenta esa suma cuando calcule dicha deducción. Can i file my 2011 taxes on turbotax Tenga en cuenta sólo la cantidad que utilizó para reponer los bienes destruidos o dañados. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Su vivienda sufrió daños considerables en un tornado. Can i file my 2011 taxes on turbotax El monto de su pérdida después del reembolso de la compañía de seguros fue de $10,000. Can i file my 2011 taxes on turbotax Su empleador estableció un fondo de ayuda en caso de desastre para los empleados. Can i file my 2011 taxes on turbotax Aquellos empleados que recibieron dinero de ese fondo tuvieron que usarlo para reparar o reponer los bienes que resultaron dañados o destruidos. Can i file my 2011 taxes on turbotax Usted recibió $4,000 como parte de este fondo y gastó toda esa suma haciendo reparaciones a su casa. Can i file my 2011 taxes on turbotax Al calcular su pérdida por hecho fortuito, tiene que restar del total de su pérdida no reembolsada ($10,000) los $4,000 que recibió del fondo de su empleador. Can i file my 2011 taxes on turbotax Por lo tanto, su pérdida por hechos fortuitos antes de aplicar los límites de la deducción (que se examinan más adelante) es de $6,000. Can i file my 2011 taxes on turbotax Regalos en efectivo. Can i file my 2011 taxes on turbotax   Si, como víctima de algún desastre, recibe donaciones excluibles en efectivo, y no existen límites sobre cómo puede usar el dinero, no puede reducir la pérdida por hecho fortuito con este tipo de donaciones. Can i file my 2011 taxes on turbotax Esto es aplicable aun cuando use el dinero para pagar reparaciones de la propiedad dañada en el desastre. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Su vivienda fue dañada por un huracán. Can i file my 2011 taxes on turbotax Sus familiares y vecinos le dieron donaciones en efectivo excluibles de sus ingresos. Can i file my 2011 taxes on turbotax Usted utilizó parte de esas donaciones para realizar reparaciones en su vivienda. Can i file my 2011 taxes on turbotax No hubo límites ni restricciones sobre cómo debía usar ese dinero en efectivo. Can i file my 2011 taxes on turbotax Como era una donación excluible de su ingreso, el dinero que recibió y usó para pagar esas reparaciones no reduce el monto de la pérdida por hechos fortuitos de su casa dañada. Can i file my 2011 taxes on turbotax Pagos del seguro por gastos de manutención. Can i file my 2011 taxes on turbotax   No reduzca la pérdida por hechos fortuitos con pagos que haya recibido del seguro para cubrir gastos de manutención en cualquiera de las dos situaciones siguientes: Si pierde el uso de su vivienda principal debido a un hecho fortuito. Can i file my 2011 taxes on turbotax Si las autoridades del gobierno no le permiten acceso a su vivienda principal por causa de un hecho fortuito o por amenaza de que éste ocurra. Can i file my 2011 taxes on turbotax Inclusión en los ingresos. Can i file my 2011 taxes on turbotax   Si estos pagos del seguro son mayores al aumento temporal de sus gastos de manutención, tiene que incluir el excedente en sus ingresos. Can i file my 2011 taxes on turbotax Declare esta cantidad en la línea 21 del Formulario 1040. Can i file my 2011 taxes on turbotax Sin embargo, si el hecho fortuito tuvo lugar en una zona de desastre declarada por el gobierno federal, ninguno de los pagos del seguro será tributable. Can i file my 2011 taxes on turbotax Vea Pagos calificados para mitigación de desastres bajo Pérdidas en Zonas de Desastre en la Publicación 547(SP). Can i file my 2011 taxes on turbotax   El aumento temporal de los gastos de manutención es la diferencia entre los gastos de manutención reales en los que su familia y usted han incurrido durante el período en que no pudieron usar su vivienda y los gastos normales de manutención para ese período. Can i file my 2011 taxes on turbotax Los gastos de manutención reales son aquellos gastos razonables y necesarios en los que se ha incurrido debido a la pérdida de su vivienda principal. Can i file my 2011 taxes on turbotax Por lo general, estos gastos incluyen las cantidades pagadas por: Alquiler de una vivienda adecuada. Can i file my 2011 taxes on turbotax Transporte. Can i file my 2011 taxes on turbotax Alimentos. Can i file my 2011 taxes on turbotax Servicios públicos. Can i file my 2011 taxes on turbotax Servicios misceláneos. Can i file my 2011 taxes on turbotax Los gastos normales de manutención son los gastos en los cuales normalmente hubiera incurrido, pero no lo hizo por haber ocurrido un hecho fortuito o por la amenaza de que uno ocurriera. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Usted tuvo que abandonar su apartamento durante un mes a causa de un incendio y alojarse en un motel. Can i file my 2011 taxes on turbotax Normalmente paga $525 al mes de alquiler, pero no tuvo que pagar durante el mes en que el apartamento estuvo desocupado. Can i file my 2011 taxes on turbotax Este mes pagó $1,200 por alojarse en un motel. Can i file my 2011 taxes on turbotax Normalmente paga $200 al mes en alimentación. Can i file my 2011 taxes on turbotax Sus gastos de alimentación durante este mes fueron de $400. Can i file my 2011 taxes on turbotax Usted recibió $1,100 de su compañía de seguros para cubrir sus gastos de manutención. Can i file my 2011 taxes on turbotax Calcule el pago que tiene que incluir en los ingresos de la siguiente manera: 1) Pagos del seguro para gastos de manutención $1,100 2) Gastos reales durante el mes en que no puede vivir en su casa debido al incendio 1,600   3) Gastos normales de manutención 725   4) Aumento temporal de los gastos de manutención:  Reste la línea 3 de la línea 2 875 5) Cantidad del pago que se puede incluir en el ingreso: Reste la línea 4  de la línea 1 $ 225 Año tributario en el cual se incluye la cantidad. Can i file my 2011 taxes on turbotax   La parte del pago del seguro sujeta a impuestos se incluye como ingreso para el año en que vuelva a hacer uso de su vivienda principal o, si ocurre más adelante, el año en el que reciba la parte tributable del pago del seguro. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax En agosto de 2011, su vivienda principal fue destruida por un tornado. Can i file my 2011 taxes on turbotax En el mes de noviembre de 2012, usted volvió a habitar su vivienda. Can i file my 2011 taxes on turbotax Los pagos que recibió del seguro en los años 2011 y 2012 fueron $1,500 más que el aumento temporal de sus gastos de manutención durante esos 2 años. Can i file my 2011 taxes on turbotax Esta cantidad se incluye como ingresos en el Formulario 1040 de 2012. Can i file my 2011 taxes on turbotax Si durante 2013 recibe pagos adicionales para cubrir los gastos de manutención que tuvo en 2011 y 2012, tiene que incluir esos pagos como ingresos en su Formulario 1040 de 2013. Can i file my 2011 taxes on turbotax Asistencia en caso de desastre. Can i file my 2011 taxes on turbotax   Los alimentos, suministros médicos y otras formas de asistencia que usted reciba no reducen su monto de pérdida por hechos fortuitos, a menos que sean una reposición de bienes perdidos o destruidos. Can i file my 2011 taxes on turbotax Los pagos calificados de asistencia en caso de desastre que reciba por gastos en los que haya incurrido derivados de un desastre declarado por el gobierno federal no son ingresos tributables en su caso. Can i file my 2011 taxes on turbotax Para mayor información, vea Pérdidas en Zonas de Desastre en la Publicación 547(SP). Can i file my 2011 taxes on turbotax Los pagos de ayuda por desempleo en caso de desastre constituyen beneficios tributables por desempleo. Can i file my 2011 taxes on turbotax Por lo general, los subsidios de asistencia en casos de desastre y los pagos para atenuar desastres que reúnen los requisitos y que se reciban conforme a la Robert T. Can i file my 2011 taxes on turbotax Stafford Disaster Relief and Emergency Assistance Act (Ley Robert T. Can i file my 2011 taxes on turbotax Stafford de Asistencia en Caso de Desastre y de Emergencia) o al National Flood Insurance Act (Ley del Seguro Nacional en caso de Inundaciones) (según vigente el 15 de abril de 2005) no se incluyen en sus ingresos. Can i file my 2011 taxes on turbotax Vea Pérdidas en Zonas de Desastre en la Publicación 547(SP). Can i file my 2011 taxes on turbotax Reembolso Recibido Después de la Deducción de una Pérdida Si calculó su pérdida por hechos fortuitos o robo utilizando la cantidad del reembolso esperado, es posible que tenga que ajustar su declaración de impuestos para el año tributario en el cual reciba su reembolso real. Can i file my 2011 taxes on turbotax Esta sección explica el ajuste que podría verse obligado a hacer. Can i file my 2011 taxes on turbotax Reembolso real menor a la cantidad esperada. Can i file my 2011 taxes on turbotax   Si posteriormente recibe un reembolso menor de lo que esperaba, incluya esa diferencia como pérdida junto con las demás (si las hubiera) en la declaración del año en el cual razonablemente no espere recibir reembolso adicional. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax En el año 2012, su automóvil personal tenía un valor justo de mercado de $2,000 cuando fue destruido en un choque con otro automóvil. Can i file my 2011 taxes on turbotax El accidente se debió a la negligencia del otro conductor. Can i file my 2011 taxes on turbotax Al final del año 2012, existía una posibilidad razonable de que el dueño del otro vehículo le reembolsara la totalidad de los daños. Can i file my 2011 taxes on turbotax Usted no tuvo una pérdida deducible durante el 2012. Can i file my 2011 taxes on turbotax En enero de 2013, los tribunales le adjudicaron $2,000. Can i file my 2011 taxes on turbotax Sin embargo, en el mes de julio se hizo evidente que no podría cobrar cantidad alguna del otro conductor. Can i file my 2011 taxes on turbotax Puede deducir la pérdida en 2013 conforme a los límites explicados más adelante. Can i file my 2011 taxes on turbotax Reembolso real mayor a la cantidad esperada. Can i file my 2011 taxes on turbotax   Si posteriormente recibe un reembolso que resulta ser mayor que la cantidad esperada, tras haber solicitado una deducción por la pérdida, puede que tenga que incluir el monto adicional del reembolso en sus ingresos del año en que lo recibió. Can i file my 2011 taxes on turbotax No obstante, si alguna parte de la deducción original no redujo su impuesto para el año anterior, no incluya esa parte del reembolso en sus ingresos. Can i file my 2011 taxes on turbotax No vuelva a calcular su impuesto para el año en que solicitó la deducción. Can i file my 2011 taxes on turbotax Para más información, vea Recuperación de Fondos en el capítulo 12. Can i file my 2011 taxes on turbotax Si el total de todos los reembolsos que reciba es mayor a la base ajustada de los bienes destruidos o robados, obtendrá una ganancia a partir del hecho fortuito o robo. Can i file my 2011 taxes on turbotax Si ya ha hecho una deducción por una pérdida y recibe ese reembolso posteriormente en otro año, es posible que tenga que incluir la ganancia en sus ingresos por el año posterior. Can i file my 2011 taxes on turbotax Incluya la ganancia como ingreso ordinario hasta el monto de la deducción que redujo sus impuestos el año anterior. Can i file my 2011 taxes on turbotax Vea Cómo Calcular una Ganancia en la Publicación 547(SP) para más información sobre cómo tratar una ganancia proveniente del reembolso de un hecho fortuito o robo. Can i file my 2011 taxes on turbotax Reembolso real por la cantidad esperada. Can i file my 2011 taxes on turbotax   Si recibe un reembolso por la cantidad exacta que esperaba recibir, no tiene que incluir cantidad alguna en sus ingresos y no puede deducir pérdida adicional alguna. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax En diciembre de 2013, usted tuvo un accidente cuando conducía su automóvil personal. Can i file my 2011 taxes on turbotax Las reparaciones de su automóvil costaron $950. Can i file my 2011 taxes on turbotax Usted tenía $100 como deducible de su seguro contra choques. Can i file my 2011 taxes on turbotax Su compañía de seguros aceptó reembolsarle la cantidad correspondiente al resto de los daños. Can i file my 2011 taxes on turbotax Como esperaba un reembolso de la compañía de seguros, en el año 2013 no tuvo una deducción de pérdida por hecho fortuito. Can i file my 2011 taxes on turbotax Debido a la regla de los $100 (tratada más adelante bajo Límites de la Deducción ), no puede deducir los $100 que pagó como suma deducible. Can i file my 2011 taxes on turbotax Cuando reciba los $850 de la compañía de seguros en 2014, no los declare como ingresos. Can i file my 2011 taxes on turbotax Un Solo Hecho Fortuito en Bienes Múltiples Bienes muebles. Can i file my 2011 taxes on turbotax   Los bienes muebles son todos aquéllos que no sean bienes raíces. Can i file my 2011 taxes on turbotax Si le roban bienes muebles, o si un hecho fortuito los daña o los destruye, tendrá que calcular la pérdida de cada artículo por separado. Can i file my 2011 taxes on turbotax Luego combine dichas pérdidas para calcular el total de su pérdida procedente de aquel hecho fortuito o robo. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Un incendio en su casa destruyó una silla tapizada, una alfombra oriental y una mesa antigua. Can i file my 2011 taxes on turbotax Usted no tenía seguro contra incendio para cubrir su pérdida. Can i file my 2011 taxes on turbotax (Éste fue el único hecho fortuito o robo que sufrió durante el año). Can i file my 2011 taxes on turbotax Pagó $750 por la silla y calculó que la misma tenía un valor justo de mercado de $500 justo antes del incendio. Can i file my 2011 taxes on turbotax La alfombra costó $3,000 y tenía un valor justo de mercado de $2,500 justo antes del incendio. Can i file my 2011 taxes on turbotax Compró la mesa en una subasta a un precio de $100 antes de enterarse de que era una antigüedad. Can i file my 2011 taxes on turbotax La habían tasado en $900 antes del incendio. Can i file my 2011 taxes on turbotax La pérdida de cada uno de esos artículos se calcula de la manera siguiente:     Silla Alfombra Mesa 1) Base (costo) $750 $3,000 $100 2) Valor justo de mercado antes del incendio $500 $2,500 $900 3) Valor justo de mercado después del incendio –0– –0– –0– 4) Disminución del valor justo de mercado $500 $2,500 $900 5) Pérdida (cantidad menor entre la línea (1) o la línea (4)) $500 $2,500 $100           6) Pérdida total     $3,100 Bienes raíces. Can i file my 2011 taxes on turbotax   Para calcular una pérdida de bienes raíces de uso personal, toda la propiedad (incluidas las mejoras como edificios, árboles y arbustos) se considera una sola. Can i file my 2011 taxes on turbotax Calcule la pérdida utilizando la cantidad de la base ajustada o la disminución del valor justo de mercado de toda la propiedad, la que sea menor. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Usted compró su vivienda hace algunos años. Can i file my 2011 taxes on turbotax En esa época pagó $160,000 ($20,000 por el terreno y $140,000 por la casa). Can i file my 2011 taxes on turbotax También gastó $2,000 por concepto de jardinería ornamental. Can i file my 2011 taxes on turbotax Este año, un incendio destruyó su vivienda. Can i file my 2011 taxes on turbotax El incendio también ocasionó daños a los arbustos y árboles del patio. Can i file my 2011 taxes on turbotax El incendio fue la única pérdida por hecho fortuito o robo que tuvo este año. Can i file my 2011 taxes on turbotax Tasadores competentes valoraron la propiedad completa en $200,000 antes del incendio, pero sólo en $30,000 después de éste. Can i file my 2011 taxes on turbotax (No se incluye la pérdida de enseres domésticos en este ejemplo. Can i file my 2011 taxes on turbotax Ésta se calcularía por separado para cada artículo, como se explica anteriormente bajo Bienes muebles ). Can i file my 2011 taxes on turbotax Poco después del incendio, la compañía de seguros le pagó $155,000 por la pérdida. Can i file my 2011 taxes on turbotax La deducción de la pérdida por hecho fortuito se calcula de la siguiente forma: 1) Base ajustada de la propiedad completa (terreno, edificio y jardinería ornamental) $162,000 2) Valor justo de mercado de toda la propiedad antes del incendio $200,000 3) Valor justo de mercado de toda la propiedad después del incendio 30,000 4) Disminución del valor justo de mercado de toda la propiedad $170,000 5) Pérdida (cantidad menor entre la línea (1) o la línea (4)) $162,000 6) Reste la cantidad del seguro 155,000 7) Pérdida después del reembolso $7,000 Tabla 25-1. Can i file my 2011 taxes on turbotax Cómo Aplicar los Límites de la Deducción por Bienes de Uso Personal   Regla de los $100 Regla del 10% Aplicación General Al calcular su deducción, tiene que restar $100 de cada pérdida por hecho fortuito o robo. Can i file my 2011 taxes on turbotax Aplique esta regla después de haber calculado el monto de su pérdida. Can i file my 2011 taxes on turbotax Tiene que restar el 10% de su ingreso bruto ajustado del total de las pérdidas por hecho fortuito o robo. Can i file my 2011 taxes on turbotax Aplique esta regla después de haber descontado $100 (regla de los $100) de cada pérdida. Can i file my 2011 taxes on turbotax Un Solo Suceso Aplique esta regla sólo una vez, aún cuando se haya visto afectado un gran número de bienes. Can i file my 2011 taxes on turbotax Aplique esta regla sólo una vez, aún cuando se haya visto afectado un gran número de bienes. Can i file my 2011 taxes on turbotax Más de un Suceso Aplique esta regla a la pérdida derivada de cada suceso. Can i file my 2011 taxes on turbotax Aplique esta regla al total de pérdidas derivadas de todos los sucesos. Can i file my 2011 taxes on turbotax Más de una Persona– Con Pérdida del Mismo Suceso (que no sea una pareja casada que presenta una declaración conjunta) Aplique esta regla independientemente a cada persona. Can i file my 2011 taxes on turbotax Aplique esta regla independientemente a cada persona. Can i file my 2011 taxes on turbotax Pareja Casada– con pérdidas a partir del mismo suceso Declaración Conjunta Aplique esta regla como si fueran una sola persona. Can i file my 2011 taxes on turbotax Aplique esta regla como si fueran una sola persona. Can i file my 2011 taxes on turbotax Declaración por Separado Aplique esta regla independientemente a cada cónyuge. Can i file my 2011 taxes on turbotax Aplique esta regla independientemente a cada cónyuge. Can i file my 2011 taxes on turbotax Más de un Dueño  (que no sea una pareja casada  que presenta una declaración conjunta) Aplique esta regla independientemente a cada propietario de una misma propiedad. Can i file my 2011 taxes on turbotax Aplique esta regla independientemente a cada propietario de una misma propiedad. Can i file my 2011 taxes on turbotax Límites de la Deducción Después de calcular la pérdida por hecho fortuito o robo, tiene que calcular cuánta parte de la pérdida puede deducir. Can i file my 2011 taxes on turbotax Si la misma fue una pérdida en bienes de uso personal o de su familia, hay dos límites a la cantidad que puede deducir por el hecho fortuito o robo. Can i file my 2011 taxes on turbotax Tiene que descontar $100 (regla de los $100) de cada pérdida por hecho fortuito o robo. Can i file my 2011 taxes on turbotax Tiene que restar además el 10% de su ingreso bruto ajustado (regla del 10%) del total de sus pérdidas por hecho fortuito o robo. Can i file my 2011 taxes on turbotax Estas reducciones se hacen en el Formulario 4684, en inglés. Can i file my 2011 taxes on turbotax Estas reglas se explican a continuación y la Tabla 25-1 resume cómo aplicar la regla de los $100 y la regla del 10% en varias situaciones. Can i file my 2011 taxes on turbotax Para explicaciones y ejemplos más detallados, vea la Publicación 547(SP). Can i file my 2011 taxes on turbotax Propiedad usada en parte para fines comerciales y en parte para fines personales. Can i file my 2011 taxes on turbotax   Cuando los bienes se utilizan en parte para fines personales y en parte para fines comerciales o de generación de ingresos, la deducción de la pérdida por hechos fortuitos o robo se calcula por separado para la porción de uso personal y para la porción con fines comerciales o de generación de ingresos. Can i file my 2011 taxes on turbotax Es preciso calcular ambas por separado porque la regla de los $100 y la regla del 10% son aplicables únicamente a la pérdida ocasionada en la porción para uso personal de la propiedad. Can i file my 2011 taxes on turbotax Regla de los $100 Después de calcular su pérdida de bienes de uso personal debido a un hecho fortuito o robo, tiene que restar $100 de esa pérdida. Can i file my 2011 taxes on turbotax Esta reducción es aplicable a cada pérdida total por hecho fortuito o robo. Can i file my 2011 taxes on turbotax No importa el número de bienes afectados en un suceso. Can i file my 2011 taxes on turbotax Sólo será aplicable una reducción de $100. Can i file my 2011 taxes on turbotax Ejemplo. Can i file my 2011 taxes on turbotax Una tormenta de granizo causa daños a su casa y a su automóvil. Can i file my 2011 taxes on turbotax Calcule la cantidad de la pérdida, como se explica anteriormente, para cada uno de estos artículos. Can i file my 2011 taxes on turbotax Como las pérdidas se deben a un solo acontecimiento, combine las pérdidas y descuente $100 del monto combinado. Can i file my 2011 taxes on turbotax Un solo suceso. Can i file my 2011 taxes on turbotax   Por lo general, los sucesos que están estrechamente relacionados en cuanto a origen causan un solo hecho fortuito. Can i file my 2011 taxes on turbotax Es un solo hecho fortuito cuando el daño se deriva de dos o más causas estrechamente relacionadas, como por ejemplo, daños por viento e inundaciones provocados por la misma tormenta. Can i file my 2011 taxes on turbotax Regla del 10% Tiene que restar, del total de sus pérdidas por hecho fortuito o robo causadas a bienes de uso personal, un 10% de su ingreso bruto ajustado. Can i file my 2011 taxes on turbotax Aplique esta regla después de haber descontado $100 de cada pérdida. Can i file my 2011 taxes on turbotax Para información adicional, vea las Instrucciones del Formulario 4684, en inglés. Can i file my 2011 taxes on turbotax Si tiene ganancias y pérdidas por hecho fortuito o robo, vea más adelante la sección titulada Ganancias y pérdidas. Can i file my 2011 taxes on turbotax Ejemplo 1. Can i file my 2011 taxes on turbotax En junio, descubrió que robaron en su casa. Can i file my 2011 taxes on turbotax Su pérdida después del reeembolso del seguro fue $2,000. Can i file my 2011 taxes on turbotax Su ingreso bruto ajustado del año en el que descubrió el robo es $29,500. Can i file my 2011 taxes on turbotax Primero se aplica la regla de los $100 y luego la regla del 10%. Can i file my 2011 taxes on turbotax Calcule su deducción por concepto de pérdida por robo como se muestra a continuación: 1) Pérdida después del reembolso del seguro $2,000 2) Reste $100 100 3) Pérdida después de aplicar la regla de los $100 $1,900 4) Reste el 10% de $29,500 de ingreso bruto ajustado 2,950 5) Deducción de pérdida por robo –0–       Usted no tiene una deducción por concepto de pérdida por robo porque su pérdida después de haber aplicado la regla de los $100 ($1,900) es menor del 10% de su ingreso bruto ajustado ($2,950). Can i file my 2011 taxes on turbotax Ejemplo 2. Can i file my 2011 taxes on turbotax En marzo, usted tuvo un accidente automovilístico que destruyó completamente su vehículo. Can i file my 2011 taxes on turbotax No tenía seguro contra accidentes y por lo tanto no recibió reembolso del seguro. Can i file my 2011 taxes on turbotax La pérdida que tuvo en su automóvil fue $1,800. Can i file my 2011 taxes on turbotax En noviembre, un incendio causó daños en el sótano de su casa y destruyó completamente los muebles, la máquina lavadora, la secadora y otros artículos que guardaba allí. Can i file my 2011 taxes on turbotax Su pérdida de los artículos del sótano después del reembolso fue de $2,100. Can i file my 2011 taxes on turbotax Su ingreso bruto ajustado para el año en que ocurrieron el accidente y el incendio es de $25,000. Can i file my 2011 taxes on turbotax Usted calcula su deducción de pérdidas por hechos fortuitos de la siguiente forma:             Vehículo Sótano 1) Pérdida $1,800 $2,100 2) Reste $100 por incidente 100 100 3) Pérdida después de aplicar la regla de los $100 $1,700 $2,000 4) Total de la pérdida $3,700 5) Reste el 10% de $25,000 del ingreso bruto ajustado 2,500 6) Deducción de pérdida por hecho fortuito $1,200 Ganancias y pérdidas. Can i file my 2011 taxes on turbotax   Si tiene tanto ganancias como pérdidas por hechos fortuitos o robo de bienes de uso personal, tiene que comparar el total de ganancias con el total de pérdidas. Can i file my 2011 taxes on turbotax Haga esto luego de haber descontado todo reembolso, y los $100, del monto de cada pérdida, pero antes de haber restado el 10% del ingreso bruto ajustado de las pérdidas. Can i file my 2011 taxes on turbotax Las ganancias por hecho fortuito o robo no incluyen ganancias que usted haya decidido aplazar. Can i file my 2011 taxes on turbotax Vea la Publicación 547(SP) para más información sobre el aplazamiento de la declaración de una ganancia. Can i file my 2011 taxes on turbotax Pérdidas mayores a las ganancias. Can i file my 2011 taxes on turbotax   Si sus pérdidas resultan ser mayores que sus ganancias reconocidas, reste las ganancias de las pérdidas y reste del resultado el 10% de su ingreso bruto ajustado. Can i file my 2011 taxes on turbotax El resto, si lo hubiera, es su pérdida deducible proveniente de bienes de uso personal. Can i file my 2011 taxes on turbotax Ganancias mayores a las pérdidas. Can i file my 2011 taxes on turbotax   Si las ganancias reconocidas son mayores que las pérdidas, reste las pérdidas de las ganancias. Can i file my 2011 taxes on turbotax La diferencia se considera una ganancia de capital y tiene que declararse en el Anexo D (Formulario 1040). Can i file my 2011 taxes on turbotax La regla del 10% no es aplicable a las ganancias. Can i file my 2011 taxes on turbotax Cuándo Declarar Ganancias y Pérdidas Ganancias. Can i file my 2011 taxes on turbotax   Si recibe un reembolso de seguros o de otro tipo que sea mayor a la base ajustada en los bienes que fueron destruidos o robados, tiene una ganancia resultante del hecho fortuito o robo. Can i file my 2011 taxes on turbotax Tiene que incluir esta ganancia en su ingreso en el año en que reciba el reembolso, a menos que escoja aplazar la declaración de la ganancia según lo explicado en la Publicación 547(SP). Can i file my 2011 taxes on turbotax Si tiene una pérdida, vea la Tabla 25-2. Can i file my 2011 taxes on turbotax Tabla 25-2. Can i file my 2011 taxes on turbotax Cuándo Deducir una Pérdida SI tiene una pérdida. Can i file my 2011 taxes on turbotax . Can i file my 2011 taxes on turbotax . Can i file my 2011 taxes on turbotax ENTONCES dedúzcala en el año en el que. Can i file my 2011 taxes on turbotax . Can i file my 2011 taxes on turbotax . Can i file my 2011 taxes on turbotax proveniente de un hecho fortuito, ocurrió la pérdida. Can i file my 2011 taxes on turbotax en una zona de desastre declarada como tal por el gobierno federal, ocurrió el desastre o el año inmediatamente antes del desastre. Can i file my 2011 taxes on turbotax proveniente de un robo, el robo fue descubierto. Can i file my 2011 taxes on turbotax en un depósito tratado como:   • hecho fortuito o cualquier pérdida ordinaria, se puede llegar a un cálculo aproximado razonable. Can i file my 2011 taxes on turbotax • deuda incobrable, los depósitos no tienen ningún valor. Can i file my 2011 taxes on turbotax Pérdidas. Can i file my 2011 taxes on turbotax   Por lo general, puede deducir una pérdida por hecho fortuito no reembolsable sólo en el año tributario en el cual ocurrió el hecho fortuito. Can i file my 2011 taxes on turbotax Esto es aplicable aun cuando no repare o reponga los bienes dañados hasta un año posterior. Can i file my 2011 taxes on turbotax   Puede deducir pérdidas por robo no reembolsables sólo en el año en el que descubrió que los bienes fueron robados. Can i file my 2011 taxes on turbotax   Si no está seguro de si se le va a reembolsar alguna parte de la pérdida por hecho fortuito o robo, no deduzca dicha parte hasta el año tributario en que llegue a ser razonablemente seguro que no se le va a reembolsar. Can i file my 2011 taxes on turbotax Pérdidas de depósitos. Can i file my 2011 taxes on turbotax   Si su pérdida es una pérdida de depósitos hechos en una institución financiera insolvente o en quiebra, vea la sección anterior, Pérdidas de Depósitos . Can i file my 2011 taxes on turbotax Pérdidas en Zonas de Desastre Normalmente, tiene que deducir una pérdida por hecho fortuito en el año en el que aconteció. Can i file my 2011 taxes on turbotax No obstante, si sufre una pérdida por hecho fortuito a causa de un desastre declarado como tal por el gobierno federal que ocurrió en una zona beneficiaria de ayuda pública y/o privada, puede optar por deducir esta pérdida en su declaración o declaración enmendada para cualquiera de los siguientes años: El año en el que aconteció el desastre. Can i file my 2011 taxes on turbotax El año inmediatamente anterior al año cuando aconteció el desastre. Can i file my 2011 taxes on turbotax Ganancias. Can i file my 2011 taxes on turbotax    Hay reglas especiales que corresponden si escoge aplazar la declaración de ganancias sobre bienes dañados o destruidos en una zona de desastre declarada como tal por el gobierno federal. Can i file my 2011 taxes on turbotax Para saber más sobre esas reglas especiales, vea la Publicación 547(SP). Can i file my 2011 taxes on turbotax Plazos tributarios aplazados. Can i file my 2011 taxes on turbotax   El IRS puede aplazar ciertos plazos tributarios hasta 1 año para aquellos contribuyentes que sean afectados por un desastre declarado por el gobierno federal. Can i file my 2011 taxes on turbotax Los plazos tributarios que puede aplazar el IRS incluyen aquéllos para presentar las declaraciones de impuesto sobre el ingreso y el impuesto sobre la nómina, y también puede aplazar los plazos para pagar el impuesto sobre el ingreso y el impuesto sobre la nómina así como para hacer aportaciones a un arreglo IRA tradicional o un arreglo Roth IRA. Can i file my 2011 taxes on turbotax   Si se posterga el plazo tributario, el IRS anunciará este aplazamiento en su zona mediante un comunicado de prensa, una orden reglamentaria sobre impuestos, procedimientos tributarios, avisos, anuncios y a través de otros comunicados del Boletín de Impuestos Internos (IRB, por sus siglas en inglés) que le puedan servir de guía. Can i file my 2011 taxes on turbotax Vaya a www. Can i file my 2011 taxes on turbotax irs. Can i file my 2011 taxes on turbotax gov/Spanish/Alivio-Tributario-en-Situaciones-de-Desastre-para-Personas-y-Negocios para ver si algún plazo tributario ha sido pospuesto en su área y para más información acerca de alivios en situaciones de desastre. Can i file my 2011 taxes on turbotax Quién cumple los requisitos. Can i file my 2011 taxes on turbotax   Si el IRS posterga un plazo tributario, los siguientes contribuyentes reúnen los requisitos para este aplazamiento: Toda persona física cuya vivienda principal está ubicada en una zona de desastre con cobertura (como se define más adelante). Can i file my 2011 taxes on turbotax Toda entidad comercial o empresario por cuenta propia cuyo lugar principal de trabajo se encuentre en una zona de desastre con cobertura. Can i file my 2011 taxes on turbotax Una persona que trabaje en servicios de ayuda y esté afiliada con alguna organización filantrópica o gubernamental y que esté ofreciendo ayuda en una zona de desastre que tenga cobertura. Can i file my 2011 taxes on turbotax Toda persona física, entidad comercial o empresa por cuenta propia cuyos registros se necesiten para cumplir un plazo tributario ya aplazado, siempre que esa documentación se mantenga en una zona de desastre con cobertura. Can i file my 2011 taxes on turbotax No es necesario que la vivienda principal o lugar principal de trabajo esté ubicado en la zona de desastre con cobertura. Can i file my 2011 taxes on turbotax Todo caudal hereditario o fideicomiso que tenga registros tributarios necesarios para cumplir un plazo tributario ya aplazado, siempre que esa documentación se mantenga en una zona de desastre con cobertura. Can i file my 2011 taxes on turbotax El cónyuge que presente una declaración conjunta con un contribuyente que reúna los requisitos para obtener un aplazamiento. Can i file my 2011 taxes on turbotax Toda persona física, entidad comercial o empresa por cuenta propia no ubicada en una zona de desastre con cobertura pero cuyos registros necesarios para cumplir un plazo tributario ya aplazado se mantengan en dicha zona de desastre con cobertura. Can i file my 2011 taxes on turbotax Toda persona física que haya visitado la zona de desastre con cobertura y que haya fallecido o sufrido lesiones por causa del desastre. Can i file my 2011 taxes on turbotax Cualquier otra persona que el IRS determine que ha sido afectada por un desastre declarado como tal por el gobierno federal. Can i file my 2011 taxes on turbotax Zona de desastre con cobertura. Can i file my 2011 taxes on turbotax   Es una zona de desastre declarada como tal por el gobierno federal en la cual el IRS ha decidido postergar los plazos tributarios hasta por un año. Can i file my 2011 taxes on turbotax Reducción de intereses y multas. Can i file my 2011 taxes on turbotax   El IRS puede reducir los intereses y multas por impuestos sobre el ingreso que no hayan sido pagados en su totalidad por la duración del aplazamiento de plazos tributarios. Can i file my 2011 taxes on turbotax Información adicional. Can i file my 2011 taxes on turbotax   Para mayor información, vea Pérdidas en Zonas de Desastre en la Publicación 547(SP). Can i file my 2011 taxes on turbotax Cómo Declarar Ganancias y Pérdidas Use el Formulario 4684, en inglés, para declarar una ganancia o pérdida deducible de un hecho fortuito o robo. Can i file my 2011 taxes on turbotax Si sufre más de un solo hecho fortuito o robo, use un Formulario 4684 distinto para determinar su pérdida o ganancia para cada acontecimiento. Can i file my 2011 taxes on turbotax Combine las ganancias y pérdidas en un solo Formulario 4684. Can i file my 2011 taxes on turbotax Siga las instrucciones del mismo con respecto a qué líneas se han de llenar. Can i file my 2011 taxes on turbotax Además, tiene que usar el anexo correspondiente para declarar una ganancia o pérdida. Can i file my 2011 taxes on turbotax El anexo que debe usar dependerá de si tiene una ganancia o pérdida. Can i file my 2011 taxes on turbotax Si tiene una: Declárela en el: Ganancia Anexo D (Formulario 1040) Pérdida Anexo A (Formulario 1040) Ajustes a la base. Can i file my 2011 taxes on turbotax   Si tiene una pérdida por hecho fortuito o robo, tiene que restar de su base en la propiedad todo seguro u otro reembolso que reciba y toda otra pérdida deducible. Can i file my 2011 taxes on turbotax Las cantidades que gaste en la restauración de su propiedad después de un hecho fortuito aumentan su base ajustada. Can i file my 2011 taxes on turbotax Vea Base Ajustada en el capítulo 13 para más información. Can i file my 2011 taxes on turbotax Pérdida neta de operación (NOL, por sus siglas en inglés). Can i file my 2011 taxes on turbotax   Si su deducción por hechos fortuitos y robo hace que sus deducciones para el año sean mayores que su ingreso anual para el mismo año, es posible que tenga una pérdida neta de operación. Can i file my 2011 taxes on turbotax Puede declarar una pérdida neta de operación para reducir sus impuestos de un año anterior, lo que le permite obtener un reembolso de impuestos que ya ha pagado. Can i file my 2011 taxes on turbotax Otra posibilidad es usarla para reducir sus impuestos durante un año posterior. Can i file my 2011 taxes on turbotax No necesita tener una empresa para tener una pérdida neta de operación debido a hechos fortuitos o robo. Can i file my 2011 taxes on turbotax Para más información, vea la Publicación 536, Net Operating Losses (NOLs) for Individuals, Estates, and Trusts (Pérdidas netas de operación (NOL) para personas físicas, caudales hereditarios y fideicomisos), en inglés. Can i file my 2011 taxes on turbotax Prev  Up  Next   Home   More Online Publications