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File An Extension On My Taxes

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File An Extension On My Taxes

File an extension on my taxes Publication 4492 - Main Contents Table of Contents DefinitionsHurricane Katrina Disaster Area Katrina Covered Disaster Area Gulf Opportunity (GO) Zone (Core Disaster Area) Hurricane Rita Disaster Area (Rita Covered Disaster Area) Rita GO Zone Hurricane Wilma Disaster Area Wilma Covered Disaster Area Wilma GO Zone Extended Tax Deadlines Charitable Giving IncentivesTemporary Suspension of Limits on Charitable Contributions Standard Mileage Rate for Charitable Use of Vehicles Mileage Reimbursements to Charitable Volunteers Charitable Deduction for Contributions of Food Inventory Charitable Deduction for Contributions of Book Inventories to Public Schools Casualty and Theft LossesTime limit for making election. File an extension on my taxes Replacement Period for Nonrecognition of Gain Net Operating Losses IRAs and Other Retirement PlansDefinitions Taxation of Qualified Hurricane Distributions Repayment of Qualified Hurricane Distributions Repayment of Qualified Distributions for the Purchase or Construction of a Main Home Loans From Qualified Plans Additional Tax Relief for IndividualsEarned Income Credit and Child Tax Credit Additional Exemption for Housing Individuals Displaced by Hurricane Katrina Education Credits Recapture of Federal Mortgage Subsidy Exclusion of Certain Cancellations of Indebtedness by Reason of Hurricane Katrina Tax Relief for Temporary Relocation Additional Tax Relief for BusinessesSpecial Depreciation Allowance Increased Section 179 Deduction Work Opportunity Credit Employee Retention Credit Hurricane Katrina Housing Credit Reforestation Costs Demolition and Clean-up Costs Increase in Rehabilitation Tax Credit Request for Copy or Transcript of Tax Return How To Get Tax Help Definitions The following definitions are used throughout this publication. File an extension on my taxes Hurricane Katrina Disaster Area The Hurricane Katrina disaster area covers the area for which the President declared a major disaster before September 14, 2005, because of Hurricane Katrina. File an extension on my taxes The Hurricane Katrina disaster area covers the entire states of Alabama, Florida, Louisiana, and Mississippi. File an extension on my taxes Katrina Covered Disaster Area A portion of the Hurricane Katrina disaster area has been designated by the IRS as a covered disaster area. File an extension on my taxes The Katrina covered disaster area covers the following areas in four states. File an extension on my taxes Alabama. File an extension on my taxes   The counties of Baldwin, Bibb, Choctaw, Clarke, Colbert, Cullman, Greene, Hale, Jefferson, Lamar, Lauderdale, Marengo, Marion, Mobile, Monroe, Perry, Pickens, Sumter, Tuscaloosa, Washington, Wilcox, and Winston. File an extension on my taxes Florida. File an extension on my taxes   The counties of Bay, Broward, Collier, Escambia, Franklin, Gulf, Miami-Dade, Monroe, Okaloosa, Santa Rosa, and Walton. File an extension on my taxes Louisiana. File an extension on my taxes   All parishes. File an extension on my taxes Mississippi. File an extension on my taxes   All counties. File an extension on my taxes Gulf Opportunity (GO) Zone (Core Disaster Area) The GO Zone (also called the core disaster area) covers the portion of the Hurricane Katrina disaster area determined by the Federal Emergency Management Agency (FEMA) to be eligible for either individual only or both individual and public assistance from the Federal Government. File an extension on my taxes The GO Zone covers the following areas in three states. File an extension on my taxes Alabama. File an extension on my taxes   The counties of Baldwin, Choctaw, Clarke, Greene, Hale, Marengo, Mobile, Pickens, Sumter, Tuscaloosa, and Washington. File an extension on my taxes Louisiana. File an extension on my taxes   The parishes of Acadia, Ascension, Assumption, Calcasieu, Cameron, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Jefferson Davis, Lafayette, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. File an extension on my taxes Bernard, St. File an extension on my taxes Charles, St. File an extension on my taxes Helena, St. File an extension on my taxes James, St. File an extension on my taxes John the Baptist, St. File an extension on my taxes Martin, St. File an extension on my taxes Mary, St. File an extension on my taxes Tammany, Tangipahoa, Terrebonne, Vermilion, Washington, West Baton Rouge, and West Feliciana. File an extension on my taxes Mississippi. File an extension on my taxes   The counties of Adams, Amite, Attala, Choctaw, Claiborne, Clarke, Copiah, Covington, Forrest, Franklin, George, Greene, Hancock, Harrison, Hinds, Holmes, Humphreys, Jackson, Jasper, Jefferson, Jefferson Davis, Jones, Kemper, Lamar, Lauderdale, Lawrence, Leake, Lincoln, Lowndes, Madison, Marion, Neshoba, Newton, Noxubee, Oktibbeha, Pearl River, Perry, Pike, Rankin, Scott, Simpson, Smith, Stone, Walthall, Warren, Wayne, Wilkinson, Winston, and Yazoo. File an extension on my taxes Hurricane Rita Disaster Area (Rita Covered Disaster Area) The Hurricane Rita disaster area (also designated by the IRS as the Rita covered disaster area) covers the area for which the President declared a major disaster before October 6, 2005, because of Hurricane Rita. File an extension on my taxes This area covers the entire states of Louisiana and Texas. File an extension on my taxes Rita GO Zone The Rita GO Zone covers the portion of the Hurricane Rita disaster area determined by FEMA to be eligible for either individual only or both individual and public assistance from the Federal Government. File an extension on my taxes The Rita GO Zone covers the following areas in two states. File an extension on my taxes Louisiana. File an extension on my taxes   The parishes of Acadia, Allen, Ascension, Beauregard, Calcasieu, Cameron, Evangeline, Iberia, Jefferson, Jefferson Davis, Lafayette, Lafourche, Livingston, Plaquemines, Sabine, St. File an extension on my taxes Landry, St. File an extension on my taxes Martin, St. File an extension on my taxes Mary, St. File an extension on my taxes Tammany, Terrebonne, Vermilion, Vernon, and West Baton Rouge. File an extension on my taxes Texas. File an extension on my taxes   The counties of Angelina, Brazoria, Chambers, Fort Bend, Galveston, Hardin, Harris, Jasper, Jefferson, Liberty, Montgomery, Nacogdoches, Newton, Orange, Polk, Sabine, San Augustine, San Jacinto, Shelby, Trinity, Tyler, and Walker. File an extension on my taxes Hurricane Wilma Disaster Area The Hurricane Wilma disaster area covers the area for which the President declared a major disaster before November 14, 2005, because of Hurricane Wilma. File an extension on my taxes The Hurricane Wilma disaster area covers the entire state of Florida. File an extension on my taxes Wilma Covered Disaster Area A portion of the Hurricane Wilma disaster area has been designated by the IRS as a covered disaster area. File an extension on my taxes The Wilma covered disaster area covers the following counties. File an extension on my taxes Florida. File an extension on my taxes   Brevard, Broward, Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, Indian River, Lee, Martin, Miami-Dade, Monroe, Okeechobee, Osceola, Palm Beach, Polk, St. File an extension on my taxes Lucie, and Sarasota. File an extension on my taxes Wilma GO Zone The Wilma GO Zone covers the portion of the Hurricane Wilma disaster area determined by FEMA to be eligible for either individual only or both individual and public assistance from the Federal Government. File an extension on my taxes The Wilma GO Zone covers the following counties. File an extension on my taxes Florida. File an extension on my taxes   Brevard, Broward, Collier, Glades, Hendry, Indian River, Lee, Martin, Miami-Dade, Monroe, Okeechobee, Palm Beach, and St. File an extension on my taxes Lucie. File an extension on my taxes Extended Tax Deadlines The IRS has extended deadlines that apply to filing returns, paying taxes, and performing certain other time-sensitive acts for certain taxpayers affected by Hurricane Katrina, Rita, or Wilma, until February 28, 2006. File an extension on my taxes The extension applies to deadlines (either an original or extended due date) that occur during the following periods. File an extension on my taxes After August 28, 2005 (August 23, 2005, for Florida affected taxpayers), and before February 28, 2006, for taxpayers affected by Hurricane Katrina. File an extension on my taxes After September 22, 2005, and before February 28, 2006, for taxpayers affected by Hurricane Rita. File an extension on my taxes After October 22, 2005, and before February 28, 2006, for taxpayers affected by Hurricane Wilma. File an extension on my taxes Affected taxpayer. File an extension on my taxes   The following taxpayers are eligible for the extension. File an extension on my taxes Any individual whose main home is located in a covered disaster area. File an extension on my taxes Any business entity or sole proprietor whose principal place of business is located in a covered disaster area. File an extension on my taxes Any individual, business entity, or sole proprietor whose records needed to meet a postponed deadline are maintained or whose tax professional's office is in a covered disaster area. File an extension on my taxes The main home or principal place of business does not have to be located in the covered area. File an extension on my taxes Any individual visiting a county or parish in the Hurricane Katrina or Hurricane Rita covered disaster area that was injured or killed (and the estate of an individual killed) as a result of the hurricane or its aftermath. File an extension on my taxes Any estate or trust whose tax records needed to meet a filing or payment deadline are maintained in a covered disaster area. File an extension on my taxes Generally, any individual who is a worker assisting in the relief activities in a covered disaster area. File an extension on my taxes However, a relief worker assisting in the Wilma covered disaster area is not an affected taxpayer unless the worker is affiliated with a recognized government or philanthropic organization assisting in the relief activities. File an extension on my taxes The spouse of an affected taxpayer, solely with regard to a joint income tax return with that taxpayer. File an extension on my taxes   To ensure correct processing, affected taxpayers should write the assigned disaster designation (for example, “Hurricane Katrina”) in red ink at the top of any forms or documents filed with the IRS. File an extension on my taxes Affected taxpayers can also identify themselves to the IRS or ask hurricane-related questions by calling the special IRS disaster hotline at 1-866-562-5227. File an extension on my taxes Acts extended. File an extension on my taxes   Deadlines for performing the following acts are extended. File an extension on my taxes Filing any return of income, estate, gift, generation-skipping transfer, excise, or employment tax. File an extension on my taxes Paying any income, estate, gift, generation-skipping transfer, excise, or employment tax. File an extension on my taxes This includes making estimated tax payments. File an extension on my taxes Making certain contributions, distributions, recharacterizing contributions, or making a rollover to or from a qualified retirement plan. File an extension on my taxes Filing certain petitions with the Tax Court. File an extension on my taxes Filing a claim for credit or refund of any tax. File an extension on my taxes Bringing suit upon a claim for credit or refund. File an extension on my taxes Certain other acts described in Revenue Procedure 2005-27. File an extension on my taxes You can find Revenue Procedure 2005-27 on page 1050 of Internal Revenue Bulletin 2005-20 at www. File an extension on my taxes irs. File an extension on my taxes gov/pub/irs-irbs/irb05-20. File an extension on my taxes pdf. File an extension on my taxes Forgiveness of interest and penalties. File an extension on my taxes   The IRS may forgive the interest and penalties on any underpaid income, estate, gift, employment, or excise tax for the length of any extension. File an extension on my taxes Charitable Giving Incentives Temporary Suspension of Limits on Charitable Contributions Individuals. File an extension on my taxes   Qualified contributions are not subject to the overall limit on itemized deductions or the 50% adjusted gross income (AGI) limit. File an extension on my taxes A qualified contribution is a charitable contribution paid in cash or by check after August 27, 2005, and before January 1, 2006, to a 50% limit organization (other than certain private foundations described in section 509(a)(3)) if you make an election to have the 50% limit not apply to these contributions. File an extension on my taxes   Your deduction for qualified contributions is limited to your AGI minus your deduction for all other charitable contributions. File an extension on my taxes You can carry over any contributions you are not able to deduct for 2005 because of this limit. File an extension on my taxes In 2006, treat the carryover of your unused qualified contributions as a carryover of contributions subject to the 50% limit. File an extension on my taxes Exception. File an extension on my taxes   Qualified contributions do not include a contribution to a segregated fund or account for which you (or any person you appoint or designate) have or expect to have advisory privileges with respect to distributions or investments based on your contribution. File an extension on my taxes Corporations. File an extension on my taxes   A corporation may elect to deduct qualified cash contributions without regard to the 10% taxable income limit if the contributions were made after August 27, 2005, and before January 1, 2006, to a qualified charitable organization (other than certain private foundations described in section 509(a)(3)), for Hurricane Katrina, Rita, or Wilma relief efforts. File an extension on my taxes The corporation's deduction for these qualified contributions is limited to 100% of taxable income (as modified for the 10% limit) minus the corporation's deduction for all other charitable contributions. File an extension on my taxes Any qualified contributions over this limit can be carried over to the next 5 years, subject to the 10% limit. File an extension on my taxes Partners and shareholders. File an extension on my taxes   Each partner in a partnership and each shareholder in an S corporation makes a separate election to have the appropriate limit not apply. File an extension on my taxes More information. File an extension on my taxes   For more information, see Publication 526 or Publication 542, Corporations. File an extension on my taxes Publication 526 includes a worksheet you can use to figure your deduction if any limits apply to your charitable contributions. File an extension on my taxes Standard Mileage Rate for Charitable Use of Vehicles The following are special standard mileage rates in effect in 2005 and 2006 for the cost of operating your automobile for providing charitable services solely related to Hurricane Katrina. File an extension on my taxes 29 cents per mile for the period August 25 through August 31, 2005. File an extension on my taxes 34 cents per mile for the period September 1 through December 31, 2005. File an extension on my taxes 32 cents per mile for the period January 1 through December 31, 2006. File an extension on my taxes Mileage Reimbursements to Charitable Volunteers You can exclude from income amounts you receive as mileage reimbursements for the use of a private passenger automobile for the benefit of a qualified charitable organization in providing relief related to Hurricane Katrina during the period beginning on August 25, 2005, and ending on December 31, 2006. File an extension on my taxes You cannot claim a deduction or credit for amounts you receive as a mileage reimbursement. File an extension on my taxes You must keep records of miles driven, time, place (or use), and purpose of the mileage. File an extension on my taxes The amount you can exclude from income cannot exceed the standard business mileage rate (shown below) for expenses incurred during the following periods. File an extension on my taxes 40. File an extension on my taxes 5 cents per mile for the period August 25 through August 31, 2005. File an extension on my taxes 48. File an extension on my taxes 5 cents per mile for the period September 1 through December 31, 2005. File an extension on my taxes 44. File an extension on my taxes 5 cents per mile for the period January 1 through December 31, 2006. File an extension on my taxes Charitable Deduction for Contributions of Food Inventory Any taxpayer engaged in a trade or business is eligible to claim a deduction for a contribution of “apparently wholesome food” inventory to a qualified charitable organization described in section 501(c)(3) (except for private nonoperating foundations) after August 27, 2005, and before January 1, 2006. File an extension on my taxes “Apparently wholesome food” is food that meets all quality and labeling standards imposed by federal, state, and local laws and regulations even though the food may not be readily marketable due to appearance, age, freshness, grade, size, surplus, or other conditions. File an extension on my taxes The deduction is equal to the lesser of: The basis of the donated food plus one-half of the gain that would have been realized if the donated food had been sold at fair market value on the date of the donation, or Two times the basis of the donated food. File an extension on my taxes The taxpayer must receive written certification from the donee stating: The donated food is related to the purpose or function of the donee's basis for exemption under section 501(c)(3) and is to be used solely for the care of the ill, the needy, or infants; and The food was not given in exchange for money, other property, or services. File an extension on my taxes For a taxpayer other than a C corporation, the deduction is limited to 10% of the taxpayer's total net income from all trades or businesses from which the food contributions were made (figured without regard to the deduction for charitable contributions). File an extension on my taxes For example, if a taxpayer is a sole proprietor, a shareholder in an S corporation, and a partner in a partnership, and each made a contribution of apparently wholesome food inventory, the taxpayer's deduction is limited to 10% of the taxpayer's total net income from the sole proprietorship, S corporation, and partnership (figured without regard to the deduction for charitable contributions). File an extension on my taxes Charitable Deduction for Contributions of Book Inventories to Public Schools A corporation (other than an S corporation) may be allowed a charitable deduction for a qualified book contribution made after August 27, 2005, and before January 1, 2006, to a public school that: Provides elementary or secondary education (kindergarten through grade 12), and Normally maintains a regular faculty and curriculum and has a regular enrolled body of pupils or students in attendance at the place where its educational activities are regularly carried on. File an extension on my taxes . File an extension on my taxes The deduction is equal to the lesser of: The basis of the donated books plus one-half of the gain that would have been realized if the donated books had been sold at fair market value on the date of the donation, or Two times the basis of the donated books. File an extension on my taxes The corporation must receive written certification from the school stating that the donated books are suitable for the organization's educational programs and will be used for such programs. File an extension on my taxes Casualty and Theft Losses The following paragraphs explain changes to casualty and theft losses that were caused by Hurricane Katrina, Rita, or Wilma. File an extension on my taxes For more information, see Publication 547. File an extension on my taxes Limits on personal casualty or theft losses caused by Hurricane Katrina, Rita, or Wilma. File an extension on my taxes   The following losses to personal use property are not subject to the $100 or 10% of adjusted gross income limits. File an extension on my taxes Losses that arose in the Hurricane Katrina disaster area after August 24, 2005, and that were caused by Hurricane Katrina. File an extension on my taxes Losses that arose in the Hurricane Rita disaster area after September 22, 2005, and that were caused by Hurricane Rita. File an extension on my taxes Losses that arose in the Hurricane Wilma disaster area after October 22, 2005, and that were caused by Hurricane Wilma. File an extension on my taxes Qualifying losses include losses from flooding or other casualty, and from theft, that arose in the hurricane disaster area and that were caused by the hurricane. File an extension on my taxes Special instructions for individuals who elect to claim a Hurricane Katrina, Rita, or Wilma casualty or theft loss for 2004. File an extension on my taxes   Casualty and theft losses are generally deductible only in the year the casualty occurred or theft was discovered. File an extension on my taxes However, Hurricane Katrina, Rita, and Wilma are Presidentially declared disasters. File an extension on my taxes Therefore, you can elect to deduct losses from these hurricanes on your tax return for the previous year. File an extension on my taxes If you make this election, use the following additional instructions to complete your forms. File an extension on my taxes   Individuals filing or amending their 2004 tax return whose only casualty or theft losses to personal use property claimed on that return were caused by Hurricane Katrina, Rita, or Wilma should write “Hurricane Katrina,” “Hurricane Rita,” or “Hurricane Wilma” at the top of Form 1040 or 1040X. File an extension on my taxes They must also complete and attach the 2004 Form 4684 and write “Hurricane Katrina,”“Hurricane Rita,” or “Hurricane Wilma” on the dotted line next to line 11 and enter -0- on lines 11 and 17. File an extension on my taxes   Individuals filing or amending their 2004 tax return who also have casualty or theft losses to personal use property not related to Hurricane Katrina, Rita, or Wilma should disregard the caution directing taxpayers to use only one Form 4684, located above line 13, and complete lines 13 through 18 on two Forms 4684. File an extension on my taxes The Form 1040 or 1040X and the first Form 4684 should be prepared as explained above for Hurricane Katrina, Rita, or Wilma losses only. File an extension on my taxes The second Form 4684 should be prepared in the normal manner for all gains and non-Hurricane Katrina, Rita or Wilma losses. File an extension on my taxes If both Forms 4684 have a loss on line 18, they should carry the combined losses from that line to Schedule A (Form 1040), line 19. File an extension on my taxes If there is a gain on line 15 of the second Form 4684, disregard the instruction to enter it on Schedule D (Form 1040), and instead enter on Schedule A (Form 1040), line 19, the excess of the loss from the first Form 4684 over the gain on line 15 of the second Form 4684. File an extension on my taxes , Time limit for making election. File an extension on my taxes   You must make this election to claim your casualty or theft loss in 2004 by the later of the following dates. File an extension on my taxes The due date (without extensions) for filing your 2005 income tax return. File an extension on my taxes The due date (with extensions) for filing your 2004 income tax return. File an extension on my taxes Example. File an extension on my taxes If you are a calendar year individual taxpayer, you have until April 17, 2006, to amend your 2004 tax return to claim a casualty or theft loss that occurred during 2005. File an extension on my taxes Replacement Period for Nonrecognition of Gain Generally, an involuntary conversion occurs when property is damaged, destroyed, stolen, seized, requisitioned, or condemned, and you receive other property or money in payment, such as insurance or a condemnation award. File an extension on my taxes Generally, you do not have to report a gain (if any) if you replace the property within 2 years (4 years for a main home in a Presidentially declared disaster area). File an extension on my taxes However, for property that was involuntarily converted after August 24, 2005, as a result of Hurricane Katrina, a 5-year replacement period applies if substantially all of the use of the replacement property is in the Hurricane Katrina disaster area. File an extension on my taxes For more information, see the Instructions for Form 4684. File an extension on my taxes Net Operating Losses Qualified GO Zone loss. File an extension on my taxes   Generally, you can carry a net operating loss (NOL) back to the 2 tax years before the NOL year. File an extension on my taxes However, the portion of an NOL that is a qualified GO Zone loss can be carried back to the 5 tax years before the NOL year. File an extension on my taxes In addition, the 90% limit on the alternative tax NOL deduction (ATNOLD) does not apply to such portion of the ATNOLD. File an extension on my taxes   A qualified GO Zone loss is the smaller of: The excess of the NOL for the year over the specified liability loss for the year to which a 10-year carryback applies, or The total of the following deductions (to the extent they are taken into account in computing the NOL for the tax year): Qualified GO Zone casualty loss (as defined below), Moving expenses paid or incurred after August 27, 2005, and before January 1, 2008, for the employment of an individual whose main home was in the GO Zone before August 28, 2005, who was unable to remain in that home because of Hurricane Katrina, and whose main job location (after the move) is in the GO Zone, Temporary housing expenses paid or incurred after August 27, 2005, and before January 1, 2008, to house employees of the taxpayer whose main job location is in the GO Zone, Depreciation or amortization allowable for any qualified GO Zone property (even if you elected not to claim the special GO Zone depreciation allowance for such property) for the year placed in service, and Repair expenses (including expenses for the removal of debris) paid or incurred after August 27, 2005, and before January 1, 2008, for any damage from Hurricane Katrina to property located in the GO Zone. File an extension on my taxes Qualified GO Zone casualty loss. File an extension on my taxes   A qualified GO Zone casualty loss is any deductible section 1231 loss of property located in the GO Zone if the loss was caused by Hurricane Katrina. File an extension on my taxes For this purpose, the amount of the loss is reduced by any recognized gain from an involuntary conversion caused by Hurricane Katrina of property located in the GO Zone. File an extension on my taxes Any such loss taken into account in figuring your qualified GO Zone loss is not eligible for the election to be treated as having occurred in the previous tax year. File an extension on my taxes 5-year NOL carryback of certain timber losses. File an extension on my taxes   Generally, you can carry the portion of an NOL due to income and deductions attributable to a farming business back to the 5 tax years before the NOL year. File an extension on my taxes You can treat income and deductions attributable to qualified timber property as attributable to a farming business if any portion of the property is located in the GO Zone, Rita GO Zone, or Wilma GO Zone, and the income and deductions are allocable to the part of your tax year which is after the applicable date below. File an extension on my taxes August 27, 2005, if any portion of the property is located in the GO Zone. File an extension on my taxes September 22, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone). File an extension on my taxes October 22, 2005, if any portion of the property is located in the Wilma GO Zone (but not in the GO Zone or the RITA GO Zone). File an extension on my taxes   These rules will not apply after 2006. File an extension on my taxes   However, these rules apply only to a timber producer who: Held qualified timber property (defined in Publication 535, Business Expenses) on the applicable date below: August 28, 2005, if any portion of the property is located in the GO Zone, September 23, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone), or October 23, 2005, if any portion of the property is located in the Wilma GO Zone (but not in the GO Zone or the Rita GO Zone); Is not a corporation with stock publicly traded on an established securities market; Is not a real estate investment trust; and Did not hold more than 500 acres of qualified timber property on the applicable date above. File an extension on my taxes More information. File an extension on my taxes   For more information on NOLs, see Publication 536 or Publication 542, Corporations. File an extension on my taxes IRAs and Other Retirement Plans New rules provide for tax-favored withdrawals, repayments, and loans from certain retirement plans for taxpayers who suffered economic losses as a result of Hurricane Katrina, Rita, or Wilma. File an extension on my taxes Definitions Qualified hurricane distribution. File an extension on my taxes   A qualified hurricane distribution is any distribution you received from an eligible retirement plan if all of the following apply. File an extension on my taxes The distribution was made: After August 24, 2005, and before January 1, 2007, for Hurricane Katrina; After September 22, 2005, and before January 1, 2007, for Hurricane Rita; or After October 22, 2005, and before January 1, 2007, for Hurricane Wilma. File an extension on my taxes Your main home was located in a hurricane disaster area listed below on the date shown for that area. File an extension on my taxes August 28, 2005, for the Hurricane Katrina disaster area. File an extension on my taxes September 23, 2005, for the Hurricane Rita disaster area. File an extension on my taxes October 23, 2005, for the Hurricane Wilma disaster area. File an extension on my taxes You sustained an economic loss because of Hurricane Katrina, Rita, or Wilma and your main home was in that hurricane disaster area on the date shown in (2) above for that hurricane. File an extension on my taxes Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. File an extension on my taxes   If (1) through (3) above apply, you can generally designate any distribution (including periodic payments and required minimum distributions) from an eligible retirement plan as a qualified hurricane distribution, regardless of whether the distribution was made on account of Hurricane Katrina, Rita, or Wilma. File an extension on my taxes Qualified hurricane distributions are permitted without regard to your need or the actual amount of your economic loss. File an extension on my taxes   The total of your qualified hurricane distributions from all plans is limited to $100,000. File an extension on my taxes If you have distributions in excess of $100,000 from more than one type of plan, such as a 401(k) plan and an IRA, you may allocate the $100,000 limit among the plans any way you choose. File an extension on my taxes   A reduction or offset (after August 24, 2005, for Katrina; after September 22, 2005, for Rita; or after October 22, 2005, for Wilma) of your account balance in an eligible retirement plan in order to repay a loan can also be designated as a qualified hurricane distribution. File an extension on my taxes Eligible retirement plan. File an extension on my taxes   An eligible retirement plan can be any of the following. File an extension on my taxes A qualified pension, profit-sharing, or stock bonus plan (including a 401(k) plan). File an extension on my taxes A qualified annuity plan. File an extension on my taxes A tax-sheltered annuity contract. File an extension on my taxes A governmental section 457 deferred compensation plan. File an extension on my taxes A traditional, SEP, SIMPLE, or Roth IRA. File an extension on my taxes Main home. File an extension on my taxes   Generally, your main home is the home where you live most of the time. File an extension on my taxes A temporary absence due to special circumstances, such as illness, education, business, military service, evacuation, or vacation, will not change your main home. File an extension on my taxes Taxation of Qualified Hurricane Distributions Qualified hurricane distributions are included in income in equal amounts over three years. File an extension on my taxes However, if you elect, you can include the entire distribution in your income in the year it was received. File an extension on my taxes Qualified hurricane distributions are not subject to the additional 10% tax (or the additional 25% tax for certain distributions from SIMPLE IRAs) on early distributions from qualified retirement plans (including IRAs). File an extension on my taxes However, any distributions you receive in excess of the $100,000 qualified hurricane distribution limit may be subject to the additional tax on early distributions. File an extension on my taxes For more information, see Form 8915. File an extension on my taxes Repayment of Qualified Hurricane Distributions If you choose, you generally can repay any portion of a qualified hurricane distribution that is eligible for tax-free rollover treatment to an eligible retirement plan. File an extension on my taxes Also, you can repay a qualified hurricane distribution made on account of a hardship from a retirement plan. File an extension on my taxes However, see Exceptions below for qualified hurricane distributions you cannot repay. File an extension on my taxes You have three years from the day after the date you received the distribution to make a repayment. File an extension on my taxes Amounts that are repaid are treated as a qualified rollover and are not included in income. File an extension on my taxes Also, for purposes of the one-rollover-per-year limitation for IRAs, a repayment to an IRA is not considered a qualified rollover. File an extension on my taxes See Form 8915 for more information on how to report repayments. File an extension on my taxes Exceptions. File an extension on my taxes   You cannot repay the following types of distributions. File an extension on my taxes Qualified hurricane distributions received as a beneficiary (other than a surviving spouse). File an extension on my taxes Required minimum distributions. File an extension on my taxes Periodic payments (other than from an IRA) that are for: A period of 10 years or more, Your life or life expectancy, or The joint lives or joint life expectancies of you and your beneficiary. File an extension on my taxes Repayment of Qualified Distributions for the Purchase or Construction of a Main Home If you received a qualified distribution to purchase or construct a main home in the Hurricane Katrina, Rita, or Wilma disaster area, you can repay that distribution before March 1, 2006, to an eligible retirement plan after August 24, 2005 (Katrina); after September 22, 2005 (Rita); or after October 22, 2005 (Wilma). File an extension on my taxes For this purpose, an eligible retirement plan is any plan, annuity, or IRA to which a qualified rollover can be made. File an extension on my taxes To be a qualified distribution, the distribution must meet all of the following requirements. File an extension on my taxes The distribution is a hardship distribution from a 401(k) plan, a hardship distribution from a tax-sheltered annuity contract, or a qualified first-time homebuyer distribution from an IRA. File an extension on my taxes The distribution was received in 2005 after February 28 and before: August 29 for Hurricane Katrina; September 24 for Hurricane Rita; or October 24 for Hurricane Wilma. File an extension on my taxes The distribution was to be used to purchase or construct a main home in the Hurricane Katrina, Rita, or Wilma disaster area that was not purchased or constructed because of Hurricane Katrina, Rita, or Wilma. File an extension on my taxes Amounts that are repaid before March 1, 2006, are treated as a qualified rollover and are not included in income. File an extension on my taxes Also, for purposes of the one-rollover-per-year limitation for IRAs, a repayment to an IRA is not considered a qualified rollover. File an extension on my taxes A qualified distribution not repaid before March 1, 2006, may be taxable for 2005 and subject to the additional 10% tax (or the additional 25% tax for certain SIMPLE IRAs) on early distributions. File an extension on my taxes You must file Form 8915 if you received a qualified distribution that you repaid, in whole or in part, before March 1, 2006. File an extension on my taxes Loans From Qualified Plans The following benefits are available to qualified individuals. File an extension on my taxes Increases to the limits for distributions treated as loans from employer plans. File an extension on my taxes A 1-year suspension for payments due on plan loans. File an extension on my taxes Qualified individual. File an extension on my taxes   You are a qualified individual if any of the following apply. File an extension on my taxes Your main home on August 28, 2005, was located in the Hurricane Katrina disaster area and you had an economic loss because of Hurricane Katrina. File an extension on my taxes Your main home on September 23, 2005, was located in the Hurricane Rita disaster area and you had an economic loss because of Hurricane Rita. File an extension on my taxes Your main home on October 23, 2005, was located in the Hurricane Wilma disaster area and you had an economic loss because of Hurricane Wilma. File an extension on my taxes Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. File an extension on my taxes Limits on plan loans. File an extension on my taxes   The $50,000 limit for distributions treated as plan loans is increased to $100,000. File an extension on my taxes In addition, the limit based on 50% of your vested accrued benefit is increased to 100% of that benefit. File an extension on my taxes The higher limits apply only to loans received during the following period. File an extension on my taxes If your main home was located in the Hurricane Katrina disaster area, the period began on September 24, 2005, and ends on December 31, 2006. File an extension on my taxes If your main home was located in the Hurricane Rita or Wilma disaster area, the period began on December 21, 2005, and ends on December 31, 2006. File an extension on my taxes If you are a qualified individual based on Hurricane Katrina and another hurricane, use the period based on Hurricane Katrina. File an extension on my taxes One-year suspension of loan payments. File an extension on my taxes   Payments on plan loans due before 2007 may be suspended for 1 year by the plan administrator. File an extension on my taxes To qualify for the suspension, the due date for any loan payment must occur during the period beginning on: August 28, 2005, if your main home was located in the Hurricane Katrina disaster area. File an extension on my taxes September 23, 2005, if your main home was located in the Hurricane Rita disaster area. File an extension on my taxes October 23, 2005, if your main home was located in the Hurricane Wilma disaster area. File an extension on my taxes If you are a qualified individual based on more than one hurricane, use the period with the earliest beginning date. File an extension on my taxes Additional Tax Relief for Individuals Earned Income Credit and Child Tax Credit You can elect to use your 2004 earned income to figure your earned income credit (EIC) and additional child tax credit for 2005 if: Your 2005 earned income is less than your 2004 earned income, and At least one of the following statements is true. File an extension on my taxes Your main home on August 25, 2005, was in the Gulf Opportunity (GO) Zone. File an extension on my taxes Your main home on August 25, 2005, was in the Hurricane Katrina disaster area and you were displaced from that home because of Hurricane Katrina. File an extension on my taxes Your main home on September 23, 2005, was in the Rita GO Zone. File an extension on my taxes Your main home on September 23, 2005, was in the Hurricane Rita disaster area and you were displaced from that home because of Hurricane Rita. File an extension on my taxes Your main home on October 23, 2005, was in the Wilma GO Zone. File an extension on my taxes Your main home on October 23, 2005, was in the Hurricane Wilma disaster area and you were displaced from that home because of Hurricane Wilma. File an extension on my taxes Earned income. File an extension on my taxes    For the purpose of this election, your earned income for both the EIC and the additional child tax credit is the amount of earned income used to figure your EIC, even if you did not take the EIC and even if that amount is different than your earned income for the additional child tax credit. File an extension on my taxes If you are claiming only the additional child tax credit, you must figure the amount of your earned income for EIC purposes to determine your eligibility to make the election and the amount of the credit. File an extension on my taxes Joint returns. File an extension on my taxes   If you file a joint return, you qualify to make this election even if only one spouse meets the requirements. File an extension on my taxes If you make the election, your 2004 earned income is the sum of your 2004 earned income and your spouse's 2004 earned income. File an extension on my taxes Making the election. File an extension on my taxes   If you make the election to use your 2004 earned income, the election applies for figuring both the EIC and the additional child tax credit. File an extension on my taxes However, you can make the election for the additional child tax credit even if you do not take the EIC. File an extension on my taxes   Electing to use your 2004 earned income may increase or decrease your EIC. File an extension on my taxes Take the following steps to decide whether to make the election. File an extension on my taxes Figure your 2005 EIC using your 2004 earned income. File an extension on my taxes Figure your 2005 additional child tax credit using your 2004 earned income for EIC purposes. File an extension on my taxes Add the results of (1) and (2). File an extension on my taxes Figure your 2005 EIC using your 2005 earned income. File an extension on my taxes Figure your 2005 additional child tax credit using your 2005 earned income for additional child tax credit purposes. File an extension on my taxes Add the results of (4) and (5). File an extension on my taxes Compare the results of (3) and (6). File an extension on my taxes If (3) is larger than (6), it is to your benefit to make the election. File an extension on my taxes If (3) is equal to or smaller than (6), making the election will not help you. File an extension on my taxes   If you elect to use your 2004 earned income and you are claiming the EIC, enter “PYEI” and the amount of your 2004 earned income on the dotted line next to line 66a of Form 1040, on the line next to line 41a of Form 1040A, or in the space to the left of line 8a of Form 1040EZ. File an extension on my taxes   If you elect to use your 2004 earned income and you are claiming the additional child tax credit, enter your 2004 earned income for EIC purposes (even if you did not claim the EIC) on Form 8812, Additional Child Tax Credit, line 4a, and check the box on that line. File an extension on my taxes   Because Form 8812 was released before the GO Zone legislation was enacted, the instructions refer only to individuals whose main home was in the Hurricane Katrina disaster area. File an extension on my taxes When completing Form 8812, line 4a, use the above rules to determine your eligibility to make the election (instead of the Form 8812 instructions). File an extension on my taxes Getting your 2004 tax return information. File an extension on my taxes   If you do not have your 2004 tax records, you can get the amount of earned income used to figure your 2004 EIC by calling 1-866-562-5227. File an extension on my taxes You can also get this information by visiting the IRS website at www. File an extension on my taxes irs. File an extension on my taxes gov. File an extension on my taxes   If you prefer to figure your 2004 earned income yourself, copies or transcripts of your filed and processed tax returns can help you reconstruct your tax records. File an extension on my taxes See Request for Copy or Transcript of Tax Return on page 16. File an extension on my taxes Additional Exemption for Housing Individuals Displaced by Hurricane Katrina You may be able to claim an additional exemption amount of $500 for providing housing in your main home for each individual displaced by Hurricane Katrina. File an extension on my taxes The additional exemption amount is claimed on new Form 8914. File an extension on my taxes The additional exemption amount is allowable once per taxpayer for a specific individual in 2005 or 2006, but not in both years. File an extension on my taxes The maximum additional exemption amount you can claim for all displaced individuals is $2,000 ($1,000 if married filing separately). File an extension on my taxes The additional exemption amount you claim for displaced individuals in 2005 will reduce the $2,000 maximum for 2006. File an extension on my taxes If two or more taxpayers share the same main home, only one taxpayer in that main home can claim the additional exemption amount for a specific displaced individual. File an extension on my taxes If married filing separately, only one spouse may claim the additional exemption amount for a specific displaced individual. File an extension on my taxes In order for you to be considered to have provided housing, you must have a legal interest in the main home (that is, own or rent the home). File an extension on my taxes To qualify as a displaced individual, the individual: Must have had his or her main home in the Hurricane Katrina disaster area on August 28, 2005, and he or she must have been displaced from that home. File an extension on my taxes If the individual's main home was located outside the core disaster area, that home must have been damaged by Hurricane Katrina or the individual must have been evacuated from that home because of Hurricane Katrina, Must have been provided housing in your main home for a period of at least 60 consecutive days ending in the tax year in which the exemption is claimed, and Cannot be your spouse or dependent. File an extension on my taxes You cannot claim the additional exemption amount if you received rent (or any other amount) from any source for providing the housing. File an extension on my taxes You are permitted to receive payments or reimbursements that do not relate to normal housing costs, including the following. File an extension on my taxes Food, clothing, or personal items consumed or used by the displaced individual. File an extension on my taxes Reimbursement for the cost of any long distance telephone calls made by the displaced individual. File an extension on my taxes Reimbursement for the cost of gasoline for the displaced individual's use of your vehicle. File an extension on my taxes However, you cannot claim the additional exemption amount if you received any reimbursement for the extra costs of heat, electricity, or water used by the displaced individual. File an extension on my taxes Also, you must report on Form 8914 the displaced individual's social security number or individual taxpayer identification number to claim an additional exemption amount. File an extension on my taxes For more information, see Form 8914. File an extension on my taxes Education Credits The education credits have been expanded for students attending an eligible educational institution located in the Gulf Opportunity Zone (GOZ students) for any tax year beginning in 2005 or 2006. File an extension on my taxes The Hope credit for a GOZ student is increased to 100% of the first $2,000 in qualified education expenses and 50% of the next $2,000 of qualified education expenses for a maximum credit of $3,000 per student. File an extension on my taxes The lifetime learning credit rate for a GOZ student is increased from 20% to 40%. File an extension on my taxes The definition of qualified education expenses for a GOZ student also has been expanded. File an extension on my taxes In addition to tuition and fees required for the student's enrollment or attendance at an eligible educational institution, qualified education expenses for a GOZ student include the following. File an extension on my taxes Books, supplies, and equipment required for enrollment or attendance at an eligible educational institution. File an extension on my taxes For a special needs student, expenses that are necessary for that person's enrollment or attendance at an eligible educational institution. File an extension on my taxes For a student who is at least a half-time student, the reasonable costs of room and board, but only to the extent that the costs are not more than the greater of the following two amounts. File an extension on my taxes The allowance for room and board, as determined by the eligible educational institution, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student. File an extension on my taxes The actual amount charged if the student is residing in housing owned or operated by the eligible educational institution. File an extension on my taxes You will need to contact the eligible educational institution for qualified room and board costs. File an extension on my taxes For more information, see Form 8863. File an extension on my taxes Recapture of Federal Mortgage Subsidy Generally, if you financed your home under a federally subsidized program (loans from tax-exempt qualified mortgage bonds or loans with mortgage credit certificates), you may have to recapture all or part of the benefit you received from that program when you sell or otherwise dispose of your home. File an extension on my taxes However, you do not have to recapture any benefit if your mortgage loan was a qualified home improvement loan of not more than $15,000. File an extension on my taxes This amount is increased to $150,000 if the loan was provided before 2011 and was used to: Repair damage caused by Hurricane Katrina to a residence in the Hurricane Katrina disaster area, or Alter, repair, or improve an existing owner-occupied residence in the GO Zone, Rita GO Zone, or Wilma GO Zone. File an extension on my taxes Exclusion of Certain Cancellations of Indebtedness by Reason of Hurricane Katrina Generally, discharges of nonbusiness debts (such as mortgages) made after August 24, 2005, and before January 1, 2007, are excluded from income for individuals whose main home was in the Hurricane Katrina disaster area on August 25, 2005. File an extension on my taxes If the individual's main home was located outside the core disaster area, the individual also must have had an economic loss because of Hurricane Katrina. File an extension on my taxes Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. File an extension on my taxes This relief does not apply to any debt secured by real property located outside the Hurricane Katrina disaster area. File an extension on my taxes You may also have to reduce certain tax attributes by the amount excluded. File an extension on my taxes For more information, see Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment). File an extension on my taxes Tax Relief for Temporary Relocation Under the Gulf Opportunity Zone Act of 2005, the IRS may adjust the internal revenue laws to ensure that taxpayers do not lose a deduction or credit or experience a change of filing status in 2005 or 2006 as a result of a temporary relocation caused by Hurricane Katrina, Rita, or Wilma. File an extension on my taxes However, any such adjustment must ensure that an individual is not taken into account by more than one taxpayer for the same tax benefit. File an extension on my taxes The IRS has exercised this authority as follows. File an extension on my taxes In determining whether you furnished over one-half of the cost of maintaining a household, you can exclude from total household costs any assistance received from the government or charitable organizations because you were temporarily relocated as a result of Hurricane Katrina, Rita, or Wilma. File an extension on my taxes In determining whether you provided more than one-half of an individual's support, you can disregard any assistance received from the government or charitable organizations because you were temporarily relocated as a result of Hurricane Katrina, Rita, or Wilma. File an extension on my taxes You can treat as a student an individual who enrolled in school before August 25, 2005, and who is unable to attend classes because of Hurricane Katrina, for each month of the enrollment period that individual is prevented by Hurricane Katrina from attending school as planned. File an extension on my taxes You can treat as a student an individual who enrolled in school before September 23, 2005, and who is unable to attend classes because of Hurricane Rita, for each month of the enrollment period that individual is prevented by Hurricane Rita from attending school as planned. File an extension on my taxes You can treat as a student an individual who enrolled in school before October 23, 2005, and who is unable to attend classes because of Hurricane Wilma, for each month of the enrollment period that individual is prevented by Hurricane Wilma from attending school as planned. File an extension on my taxes Additional Tax Relief for Businesses Special Depreciation Allowance You can take a special depreciation allowance for qualified Gulf Opportunity (GO) Zone property (as defined below) you place in service after August 27, 2005. File an extension on my taxes The allowance is an additional deduction of 50% of the property's depreciable basis (after any section 179 deduction and before figuring your regular depreciation deduction). File an extension on my taxes The special allowance applies only for the first year the property is placed in service. File an extension on my taxes The allowance is deductible for both the regular tax and the alternative minimum tax (AMT). File an extension on my taxes There is no AMT adjustment required for any depreciation figured on the remaining basis of the property. File an extension on my taxes You can elect not to deduct the special GO Zone depreciation allowance for qualified property. File an extension on my taxes If you make this election for any property, it applies to all property in the same class placed in service during the year. File an extension on my taxes Qualified GO Zone property. File an extension on my taxes   Property that qualifies for the special GO Zone depreciation allowance includes the following. File an extension on my taxes Tangible property depreciated under the modified accelerated cost recovery system (MACRS) with a recovery period of 20 years or less. File an extension on my taxes Water utility property. File an extension on my taxes Computer software that is readily available for purchase by the general public, is subject to a nonexclusive license, and has not been substantially modified. File an extension on my taxes (The cost of some computer software is treated as part of the cost of hardware and is depreciated under MACRS. File an extension on my taxes ) Qualified leasehold improvement property. File an extension on my taxes Nonresidential real property and residential rental property. File an extension on my taxes   For more information on this property, see Publication 946. File an extension on my taxes Other tests to be met. File an extension on my taxes   To be qualified GO Zone property, the property must also meet all of the following tests. File an extension on my taxes You must have acquired the property, by purchase, after August 27, 2005, but only if no binding written contract for the acquisition was in effect before August 28, 2005. File an extension on my taxes The property must be placed in service before 2008 (2009 in the case of nonresidential real property and residential rental property). File an extension on my taxes Substantially all of the use of the property must be in the GO Zone and in the active conduct of your trade or business in the GO Zone. File an extension on my taxes The original use of the property in the GO Zone must begin with you after August 27, 2005. File an extension on my taxes Used property can be qualified GO Zone property if it has not previously been used within the GO Zone. File an extension on my taxes Also, additional capital expenditures you incurred after August 27, 2005, to recondition or rebuild your property meet the original use test if the original use of the property in the GO Zone began with you. File an extension on my taxes Excepted property. File an extension on my taxes   Qualified GO Zone property does not include any of the following. File an extension on my taxes Property required to be depreciated using the Alternative Depreciation System (ADS). File an extension on my taxes Property any portion of which is financed with the proceeds of a tax-exempt obligation under section 103. File an extension on my taxes Property for which you are claiming a commercial revitalization deduction. File an extension on my taxes Any property used in connection with any private or commercial golf course, country club, massage parlor, hot tub facility, suntan facility, or any store, the principal business of which is the sale of alcoholic beverages for consumption off premises. File an extension on my taxes Any gambling or animal racing property (as defined below). File an extension on my taxes Property in the same class as that for which you elected not to claim the special GO Zone depreciation allowance. File an extension on my taxes   Gambling or animal racing property is: Any equipment, furniture, software, or other property used directly in connection with gambling, the racing of animals, or the on-site viewing of such racing, and The portion of any real property (determined by square footage) that is dedicated to gambling, the racing of animals, or the on-site viewing of such racing, unless this portion is less than 100 square feet. File an extension on my taxes Recapture of special allowance. File an extension on my taxes   If, in any year after the year you claim the special allowance, the property ceases to be qualified GO Zone property, you may have to recapture as ordinary income any excess benefit you received from claiming the special allowance. File an extension on my taxes Increased Section 179 Deduction An increased section 179 deduction is allowable for qualified section 179 Gulf Opportunity (GO) Zone property (as defined later) placed in service in the GO Zone. File an extension on my taxes Increased dollar limit. File an extension on my taxes   The limit on the section 179 deduction ($105,000 for 2005, $108,000 for 2006) for qualified section 179 GO Zone property acquired after August 27, 2005, is increased by the smaller of: $100,000, or The cost of qualified section 179 GO Zone property placed in service during the year (including such property placed in service by your spouse, even if you are filing a separate return). File an extension on my taxes   The amount for which you can make the election is reduced if the cost of all qualified section 179 GO Zone property you placed in service during the year exceeds $420,000 for 2005 ($430,000 for 2006) increased by the smaller of: $600,000, or The cost of qualified section 179 GO Zone property placed in service during the year. File an extension on my taxes Qualified section 179 GO Zone property. File an extension on my taxes   Qualified section 179 GO Zone property is section 179 property that is qualified GO Zone property (explained earlier under Special Depreciation Allowance). File an extension on my taxes Section 179 property does not include nonresidential real property or residential rental property. File an extension on my taxes For more information, including the requirements that must be met for property to qualify for the section 179 deduction, see chapter 2 of Publication 946. File an extension on my taxes Work Opportunity Credit For the work opportunity credit, the definition of “targeted group employee” has been expanded to include a Hurricane Katrina employee. File an extension on my taxes Hurricane Katrina employee. File an extension on my taxes   A Hurricane Katrina employee is: A person who, on August 28, 2005, had a main home in the core disaster area and, within a two-year period beginning on that date, is hired to perform services principally in the core disaster area; or A person who, on August 28, 2005, had a main home in the core disaster area, was displaced from that main home as a result of Hurricane Katrina, and was hired during the period beginning on August 28, 2005, and ending on December 31, 2005. File an extension on my taxes Qualified wages. File an extension on my taxes   Generally, qualified wages do not include wages you paid to a targeted group employee who worked for you previously. File an extension on my taxes However, wages will qualify if: You paid them to an employee who is a Hurricane Katrina employee, The employee was not in your employment on August 28, 2005, and This is your first hire of the employee as a Hurricane Katrina employee after August 28, 2005. File an extension on my taxes   For more information, see Form 5884. File an extension on my taxes Certification requirements. File an extension on my taxes   An employee must provide to the employer reasonable evidence that he or she is a Hurricane Katrina employee. File an extension on my taxes An employer may accept a completed Form 8850, Pre-Screening Notice and Certification Request for the Work Opportunity and Welfare-to-Work Credits, as such evidence. File an extension on my taxes The certification requirements described in Form 8850 do not apply to a Hurricane Katrina employee. File an extension on my taxes Do not send any Forms 8850 that have only box 1 checked to the state employment security agency. File an extension on my taxes Instead, the employer should keep these Forms 8850 with the employer's other records. File an extension on my taxes For more information, see Form 8850 and its instructions. File an extension on my taxes Employee Retention Credit An eligible employer who conducted an active trade or business in the Gulf Opportunity (GO) Zone, the Rita GO Zone, or the Wilma GO Zone can claim the employee retention credit. File an extension on my taxes The credit is 40% of qualified wages for each eligible employee (up to a maximum of $6,000 in qualified wages per employee). File an extension on my taxes Generally, you must reduce your deduction for salaries and wages by the amount of this credit (before the tax liability limit). File an extension on my taxes Use Form 5884-A to claim the credit. File an extension on my taxes See the following rules and definitions for each hurricane. File an extension on my taxes Employers affected by Hurricane Katrina. File an extension on my taxes   The following definitions apply to employers affected by Hurricane Katrina. File an extension on my taxes Eligible employer. File an extension on my taxes   For this purpose, an eligible employer is any employer who conducted an active trade or business on August 28, 2005, in the GO Zone and whose trade or business was inoperable on any day after August 28, 2005, and before January 1, 2006, because of damage caused by Hurricane Katrina. File an extension on my taxes Eligible employee. File an extension on my taxes   For this purpose, an eligible employee is an employee whose principal place of employment on August 28, 2005, with such eligible employer was in the GO Zone. File an extension on my taxes An employee is not an eligible employee for purposes of Hurricane Katrina if the employee is treated as an eligible employee for the work opportunity credit. File an extension on my taxes Employers affected by Hurricane Rita. File an extension on my taxes   The following definitions apply to employers affected by Hurricane Rita. File an extension on my taxes Eligible employer. File an extension on my taxes   For this purpose, an eligible employer is any employer who conducted an active trade or business on September 23, 2005, in the Rita GO Zone and whose trade or business was inoperable on any day after September 23, 2005, and before January 1, 2006, because of damage caused by Hurricane Rita. File an extension on my taxes Eligible employee. File an extension on my taxes   For this purpose, an eligible employee is an employee whose principal place of employment on September 23, 2005, with such eligible employer was in the Rita GO Zone. File an extension on my taxes An employee is not an eligible employee for purposes of Hurricane Rita if the employee is treated as an eligible employee for the work opportunity credit or the Hurricane Katrina employee retention credit. File an extension on my taxes Employers affected by Hurricane Wilma. File an extension on my taxes   The following definitions apply to employers affected by Hurricane Wilma. File an extension on my taxes Eligible employer. File an extension on my taxes   For this purpose, an eligible employer is any employer who conducted an active trade or business on October 23, 2005, in the Wilma GO Zone and whose trade or business was inoperable on any day after October 23, 2005, and before January 1, 2006, because of damage caused by Hurricane Wilma. File an extension on my taxes Eligible employee. File an extension on my taxes   For this purpose, an eligible employee is an employee whose principal place of employment on October 23, 2005, with such eligible employer was in the Wilma GO Zone. File an extension on my taxes An employee is not an eligible employee for purposes of Hurricane Wilma if the employee is treated as an eligible employee for the work opportunity credit or the Hurricane Katrina or Rita employee retention credit. File an extension on my taxes Qualified wages. File an extension on my taxes   Qualified wages are wages you paid or incurred before January 1, 2006, (up to $6,000 per employee) for an eligible employee beginning on the date your trade or business first became inoperable at the employee's principal place of employment immediately before the applicable hurricane, and ending on the date your trade or business resumed significant operations at that place. File an extension on my taxes In addition, the wages must have been paid or incurred after the following date. File an extension on my taxes August 28, 2005, for Hurricane Katrina. File an extension on my taxes September 23, 2005, for Hurricane Rita. File an extension on my taxes October 23, 2005, for Hurricane Wilma. File an extension on my taxes    This includes wages paid even if the employee performed no services, performed services at a place of employment other than the principal place of employment, or performed services at the principal place of employment before significant operations resumed. File an extension on my taxes    Wages qualifying for the credit generally have the same meaning as wages subject to the Federal Unemployment Tax Act (FUTA). File an extension on my taxes Qualified wages also include amounts you paid for medical or hospitalization expenses in connection with sickness or accident disability. File an extension on my taxes Qualified wages for any employee must be reduced by the amount of any work supplementation payment you received under the Social Security Act. File an extension on my taxes   For agricultural employees, if the work performed by any employee during more than half of any pay period qualified under FUTA as agricultural labor, that employee's wages subject to social security and Medicare taxes are qualified wages. File an extension on my taxes For a special rule that applies to railroad employees, see section 51(h)(1)(B). File an extension on my taxes   Qualified wages do not include the following. File an extension on my taxes Wages paid to your dependent or a related individual. File an extension on my taxes See section 51(i)(1). File an extension on my taxes Wages paid to any employee during the period for which you received payment for the employee from a federally funded on-the-job training program. File an extension on my taxes Wages for services of replacement workers during a strike or lockout. File an extension on my taxes   For more information, see Form 5884-A. File an extension on my taxes Hurricane Katrina Housing Credit An employer who conducted an active trade or business in the Gulf Opportunity (GO) Zone can claim the Hurricane Katrina housing credit. File an extension on my taxes The credit is equal to 30% of the value (up to $600 per month per employee) of in-kind lodging furnished to a qualified employee (and the employee's spouse or dependents) from January 1, 2006, through July 1, 2006. File an extension on my taxes The value of the lodging is excluded from the income of the qualified employee but is treated as wages for purposes of taxes imposed under the Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA). File an extension on my taxes Generally, you must reduce your deduction for salaries and wages by the amount of this credit (before the tax liability limit). File an extension on my taxes The employer must use Form 5884-A to claim the credit. File an extension on my taxes A qualified employee is an individual who had a main home in the GO Zone on August 28, 2005, and who performs substantially all employment services in the GO Zone for the employer furnishing the lodging. File an extension on my taxes The employee cannot be your dependent or a related individual. File an extension on my taxes See section 51(i)(1). File an extension on my taxes For more information, see Form 5884-A. File an extension on my taxes Reforestation Costs You may be able to elect to deduct a limited amount of reforestation costs for each qualified timber property. File an extension on my taxes The deduction for any tax year generally is limited to $10,000 ($5,000 if married filing separately, $0 for a trust). File an extension on my taxes However, this limit is increased if you paid or incurred reforestation costs after the applicable date below and any portion of the qualified timber property is located in one of the following areas. File an extension on my taxes August 27, 2005, if any portion of the property is located in the GO Zone. File an extension on my taxes September 22, 2005, if any portion of the property is located in the Rita GO Zone (but not in the GO Zone). File an extension on my taxes October 22, 2005, if any portion of the property is located in the Wilma GO Zone. File an extension on my taxes The limit for each qualified timber property is increased by the smaller of: $10,000 ($5,000 if married filing separately, $0 for a trust), or The amount of reforestation costs you paid or incurred after the applicable date for the qualified timber property, any portion of which is located in the zone described above. File an extension on my taxes The increase in the limit applies only to costs paid or incurred before 2008. File an extension on my taxes However, these rules do not apply to any timber producer who: Held more than 500 acres of qualified timber property at any time during the tax year, Is a corporation with stock publicly traded on an established securities market, or Is a real estate investment trust. File an extension on my taxes For more information about the election to deduct reforestation costs, see chapter 8 in Publication 535, Business Expenses. File an extension on my taxes Demolition and Clean-up Costs You can elect to deduct 50% of any qualified GO Zone clean-up costs for the tax year in which the costs are paid or incurred, instead of capitalizing them. File an extension on my taxes Qualified GO Zone clean-up costs are any amounts paid or incurred after August 27, 2005, and before January 1, 2008, for the removal of debris from, or the demolition of structures on, real property located in the GO Zone that is: Held by you for use in a trade or business or for the production of income, or Inventory or other property held primarily for sale to customers in the ordinary course of your trade or business. File an extension on my taxes Increase in Rehabilitation Tax Credit The rehabilitation credit is increased for qualified rehabilitation expenditures paid or incurred after August 27, 2005, and before January 1, 2009, on buildings located in the GO Zone as follows. File an extension on my taxes For pre-1936 buildings (other than certified historic structures), the credit percentage is increased from 10% to 13%. File an extension on my taxes For certified historic structures, the credit percentage is increased from 20% to 26%. File an extension on my taxes For more information, see Form 3468, Investment Credit. File an extension on my taxes Request for Copy or Transcript of Tax Return Request for copy of tax return. File an extension on my taxes   You can use Form 4506 to order a copy of your tax return. File an extension on my taxes Generally, there is a $39. File an extension on my taxes 00 fee for requesting each copy of a tax return. File an extension on my taxes If your main home, principal place of business, or tax records are located in a Presidentially declared disaster area, the fee will be waived if the assigned disaster designation (for example, “Hurricane Katrina”) is written in red across the top of the form when filed. File an extension on my taxes Request for transcript of tax return. File an extension on my taxes   You can use Form 4506-T to order a free transcript of your tax return. File an extension on my taxes A transcript provides most of the line entries from a tax return and usually contains the information that a third party requires. File an extension on my taxes You can also call 1-800-829-1040 to order a transcript. File an extension on my taxes How To Get Tax Help Special IRS assistance. File an extension on my taxes   The IRS is providing special help for those affected by Hurricane Katrina, Rita, or Wilma, as well as survivors and personal representatives of the victims. File an extension on my taxes We have set up a special toll-free number for people who may have trouble filing or paying their taxes because they were affected by Hurricane Katrina, Rita, or Wilma, or who have other tax issues related to the hurricanes. File an extension on my taxes Call 1-866-562-5227 Monday through Friday In English-7 a. File an extension on my taxes m. File an extension on my taxes to 10 p. File an extension on my taxes m. File an extension on my taxes local time In Spanish-8 a. File an extension on my taxes m. File an extension on my taxes to 9:30 p. File an extension on my taxes m. File an extension on my taxes local time   The IRS website at www. File an extension on my taxes irs. File an extension on my taxes gov has notices and other tax relief information. File an extension on my taxes Check it periodically for any new guidance. File an extension on my taxes Other help from the IRS. File an extension on my taxes   You can get help with unresolved tax issues, order free publications and forms, ask tax questions, and get more information from the IRS in several ways. File an extension on my taxes By selecting the method that is best for you, you will have quick and easy access to tax help. File an extension on my taxes Contacting your Taxpayer Advocate. File an extension on my taxes   If you have attempted to deal with an IRS problem unsuccessfully, you should contact your Taxpayer Advocate. File an extension on my taxes   The Taxpayer Advocate independently represents your interests and concerns within the IRS by protecting your rights and resolving problems that have not been fixed through normal channels. File an extension on my taxes While Taxpayer Advocates cannot change the tax law or make a technical tax decision, they can clear up problems that resulted from previous contacts and ensure that your case is given a complete and impartial review. File an extension on my taxes   To contact your Taxpayer Advocate: Call the Taxpayer Advocate toll free at 1-877-777-4778. File an extension on my taxes Call, write, or fax the Taxpayer Advocate office in your area. File an extension on my taxes Call 1-800-829-4059 if you are a TTY/TDD user. File an extension on my taxes Visit www. File an extension on my taxes irs. File an extension on my taxes gov/advocate. File an extension on my taxes   For more information, see Publication 1546, How To Get Help With Unresolved Tax Problems (now available in Chinese, Korean, Russian, and Vietnamese, in addition to English and Spanish). File an extension on my taxes Free tax services. File an extension on my taxes   To find out what services are available, get Publication 910, IRS Guide to Free Tax Services. File an extension on my taxes It contains a list of free tax publications and an index of tax topics. File an extension on my taxes It also describes other free tax information services, including tax education and assistance programs and a list of TeleTax topics. File an extension on my taxes Internet. File an extension on my taxes You can access the IRS website 24 hours a day, 7 days a week, at www. File an extension on my taxes irs. File an extension on my taxes gov to: E-file your return. File an extension on my taxes Find out about commercial tax preparation and e-file services available free to eligible taxpayers. File an extension on my taxes Check the status of your refund. File an extension on my taxes Click on Where's My Refund. File an extension on my taxes Be sure to wait at least 6 weeks from the date you filed your return (3 weeks if you filed electronically). File an extension on my taxes Have your tax return available because you will need to know your social security number, your filing status, and the exact whole dollar amount of your refund. File an extension on my taxes Download forms, instructions, and publications. File an extension on my taxes Order IRS products online. File an extension on my taxes Research your tax questions online. File an extension on my taxes Search publications online by topic or keyword. File an extension on my taxes View Internal Revenue Bulletins (IRBs) published in the last few years. File an extension on my taxes Figure your withholdin
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Understanding Your CP75D Notice

We’re auditing your tax return and we need documentation to verify the income and withholding you reported on your tax return. This may affect your eligibility for the Earned Income Credit (EIC), dependent exemption(s) and other refundable credits that you claimed. We are holding your refund pending the results of the audit.


What you need to do

  • Read the notice and the enclosed forms carefully. They explain the information you must send to us.
  • Provide copies of supporting documentation to verify the items we're auditing.
  • Complete the response form by indicating which items your supporting documentation addresses on the copies you're submitting and return the form with the documents you are submitting.

You may want to


Answers to Common Questions

Why was my return selected for audit?
While most returns are accepted as filed, some are selected for examination. The IRS examines (or audits) some federal tax returns to determine if income, expenses, and credits are reported accurately. The IRS selects returns for examination using various methods which include random sampling, computerized screening, and comparison of information received by the IRS such as Forms W-2 and 1099. Having your return selected for examination doesn't suggest you made an error or were dishonest.

Why are my wages being audited?
The amounts you reported on the wages and withholding lines of your tax return appear incorrect.

Can I claim the earned income credit for my fiancé’s child?
No. You must be married to the child’s parent during the tax year in question to receive EIC.

What do I need to send?
Refer to the applicable Form 886-H and Form 886-L you received with your notice. There is a separate form for each item being audited that explains what supporting documentation to send.

What if I can’t provide the requested documentation?
We’ll disallow the items being audited and send you an examination report that shows the proposed changes to your tax return.

What if I did not file a tax return claiming the items you are questioning and someone else is using my name and social security number?
Contact us at the number listed on the top right corner of your notice. You can also refer to the IRS Identity Theft resource page for more information.

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


Tips for next year

Avoid errors that can delay your refund or result in IRS denying your EITC claim. Find out the most common errors in claiming EITC here.

Page Last Reviewed or Updated: 07-Mar-2014

How to get help

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

The File An Extension On My Taxes

File an extension on my taxes 14. File an extension on my taxes   Venta de Bienes Table of Contents Recordatorio Introduction Useful Items - You may want to see: Ventas y CanjesQué es una Venta o Canje Cómo Calcular Pérdidas o Ganancias Canjes no Sujetos a Impuestos Traspasos entre Cónyuges Transacciones entre Partes Vinculadas Pérdidas y Ganancias de CapitalPérdidas o Ganancias Ordinarias o de Capital Bienes de Capital y Bienes que no Son de Capital Período de Tenencia Deudas Incobrables no Empresariales Ventas Ficticias Reinversiones de Ganancia de Valores Cotizados en Bolsa Recordatorio Ingresos del extranjero. File an extension on my taxes  Si es ciudadano de los EE. File an extension on my taxes UU. File an extension on my taxes y vende propiedad ubicada fuera de los Estados Unidos, tiene que declarar todas las ganancias y pérdidas provenientes de la venta de dicha propiedad en su declaración de impuestos, a menos que esté exenta conforme a las leyes de los Estados Unidos. File an extension on my taxes Este es el caso independientemente de si vive en o fuera de los Estados Unidos e independientemente de si recibe o no un Formulario 1099 del pagador. File an extension on my taxes Introduction Este capítulo trata sobre las consecuencias tributarias de vender o canjear bienes de inversión. File an extension on my taxes Entre los temas que se explican, se encuentran: Qué es una venta o canje. File an extension on my taxes Cómo calcular una ganancia o pérdida. File an extension on my taxes Canjes no sujetos a impuestos. File an extension on my taxes Transacciones entre partes vinculadas. File an extension on my taxes Pérdidas o ganancias de capital. File an extension on my taxes Bienes de capital y bienes que no son de capital. File an extension on my taxes Período de tenencia. File an extension on my taxes Reinversión de la ganancia proveniente de la venta de valores cotizados en bolsa. File an extension on my taxes Otras transacciones de bienes. File an extension on my taxes   Algunos traspasos de bienes no se tratan aquí. File an extension on my taxes Éstos se explican en otras publicaciones del IRS. File an extension on my taxes Dichas transacciones incluyen: La venta de una vivienda principal, que se explica en el capítulo 15. File an extension on my taxes Las ventas a plazos, las cuales se explican en la Publicación 537, Installment Sales (Ventas a plazo), en inglés. File an extension on my taxes Las transacciones que incluyen propiedades comerciales, las cuales se explican en la Publicación 544, Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de bienes), en inglés. File an extension on my taxes Las enajenaciones de una participación en una actividad pasiva, las cuales se explican en la Publicación 925, Passive Activity and At-Risk Rules (Actividad pasiva y las reglas sobre el monto de riesgo), en inglés. File an extension on my taxes    La Publicación 550, Investment Income and Expenses (Including Capital Gains and Losses) (Ingresos y gastos de inversión (incluidas ganancias y pérdidas de capital)), en inglés, provee información más detallada acerca de las ventas y canjes de bienes de inversión. File an extension on my taxes La Publicación 550 incluye información acerca de las reglas sobre deudas incobrables no empresariales, combinación de contratos de opción de compra y venta, contratos conforme a la sección 1256, contratos de opción de compra y venta, futuros de productos básicos, ventas en descubierto y ventas ficticias. File an extension on my taxes También trata sobre los gastos relacionados con las inversiones. File an extension on my taxes Useful Items - You may want to see: Publicación 550 Investment Income and Expenses (Ingresos y gastos de inversiones), en inglés Formulario (e Instrucciones) Anexo D (Formulario 1040) Capital Gains and Losses (Ganancias y pérdidas de capital), en inglés 8949 Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de activos de capital), en inglés 8824 Like-Kind Exchanges (Intercambios de bienes del mismo tipo), en inglés Ventas y Canjes Si durante el año vendió bienes como acciones, bonos o ciertos productos básicos a través de un agente corredor bursátil, por cada venta, éste debería entregarle el Formulario 1099-B, Proceeds From Broker and Barter Exchange Transactions (Ganancias de transacciones de agentes de bolsa y trueque), en inglés, o un documento sustitutivo. File an extension on my taxes Por lo general, debería recibir el documento a más tardar el 15 de febrero del año siguiente. File an extension on my taxes Este documento mostrará las ganancias brutas de la venta. File an extension on my taxes Si usted vendió un valor bursátil amparado en el año 2013, la base de éste se indicará en su Formulario 1099-B (o documento sustitutivo). File an extension on my taxes Por lo general, un valor bursátil amparado es un valor bursátil que usted adquirió después de 2010 con ciertas excepciones. File an extension on my taxes Vea las Instrucciones para el Formulario 8949, en inglés. File an extension on my taxes El corredor le entregará al IRS una copia del Formulario 1099-B. File an extension on my taxes Use el Formulario 1099-B (o documento sustitutivo que le haya entregado el agente) para completar el Formulario 8949. File an extension on my taxes Qué es una Venta o Canje En esta sección se explica qué es una venta o canje. File an extension on my taxes También se explican ciertas transacciones y ciertos acontecimientos que se tratan como ventas o canjes. File an extension on my taxes Normalmente, una “venta” es el traspaso de bienes por dinero o hipoteca, pagaré u otra promesa de pago. File an extension on my taxes Un “canje” es el traspaso de bienes por otros bienes o servicios y se pueden imponer impuestos del mismo modo que una venta. File an extension on my taxes Compra y venta. File an extension on my taxes   Normalmente, una transacción no es un canje cuando vende voluntariamente bienes a cambio de efectivo e inmediatamente compra bienes similares para reponerlos. File an extension on my taxes La venta y compra son dos transacciones separadas. File an extension on my taxes No obstante, consulte Intercambios de bienes del mismo tipo bajo Canjes no Sujetos a Impuestos, más adelante. File an extension on my taxes Redención de acciones. File an extension on my taxes   Una redención de acciones se considera una venta o canje y está sujeta a las disposiciones de pérdidas o ganancias de capital a menos que la misma sea un dividendo u otra distribución de acciones. File an extension on my taxes Dividendo versus venta o canje. File an extension on my taxes   Una redención se trata como venta, canje, dividendo u otra distribución dependiendo de las circunstancias de cada caso. File an extension on my taxes Se tendrá en cuenta tanto la titularidad directa como la titularidad indirecta de la cartera de acciones. File an extension on my taxes La redención se considera una venta o canje de acciones si: La redención no es esencialmente equivalente a un dividendo (consulte el capítulo 8); Existe una redención de acciones muy desproporcionada; Existe una redención total de todas las acciones de la sociedad anónima que posee el accionista o Esta redención es una distribución en la liquidación parcial de una sociedad anónima. File an extension on my taxes Redención o cancelación de bonos. File an extension on my taxes   Normalmente, una redención o cancelación de bonos o pagarés al vencimiento se considera venta o canje. File an extension on my taxes   Además, una modificación significativa de un bono se trata como un canje del bono original por uno nuevo. File an extension on my taxes Para más información, vea la sección 1. File an extension on my taxes 1001-3 del Reglamento. File an extension on my taxes Rescate de acciones. File an extension on my taxes   El rescate de acciones efectuado por un accionista predominante que retiene la titularidad de más de la mitad de las acciones con derecho de voto pertenecientes a la sociedad anónima se considera una aportación al capital y no una pérdida inmediata deducible del ingreso sujeto a impuestos. File an extension on my taxes El accionista rescatante tiene que reasignar su base de las acciones rescatadas a las acciones que retuvo. File an extension on my taxes Valores bursátiles sin valor. File an extension on my taxes    Todas las acciones, los derechos de suscripción y bonos (que no sean aquéllos para la venta por un agente de valores) que perdieron por completo su valor durante el año tributario se considerarán vendidos el último día del año tributario. File an extension on my taxes Esto es aplicable si su pérdida de capital es de largo o corto plazo. File an extension on my taxes Consulte Período de Tenencia , más adelante. File an extension on my taxes   Los valores bursátiles sin valor incluyen también aquéllos abandonados después del 12 de marzo de 2008. File an extension on my taxes Para abandonar valores, tiene que renunciar permanentemente a todo derecho a los mismos sin recibir compensación alguna a cambio de éstos. File an extension on my taxes Todos los hechos y circunstancias determinan si la transacción se caracteriza correctamente como abandono u otro tipo de transacción, como una venta o intercambio, aportación al capital, dividendo o regalo. File an extension on my taxes    Si es contribuyente que usa el método de efectivo y realiza los pagos con un pagaré negociable que emitió para acciones que luego perdieron su valor, puede deducir estos pagos como pérdidas en los años en que realmente hizo los pagos. File an extension on my taxes No los deduzca en el año en que las acciones perdieron su valor. File an extension on my taxes Cómo declarar pérdidas. File an extension on my taxes    Declare los valores bursátiles sin valor en la Parte I o en la Parte II del Formulario 8949, según corresponda. File an extension on my taxes En la columna (a), anote “Worthless” (Sin valor). File an extension on my taxes Declare las transacciones de valores bursátiles sin valor en el Formulario 8949. File an extension on my taxes Marque el recuadro apropiado que corresponda a la clase de transacción. File an extension on my taxes Vea el Formulario 8949 y las Instrucciones para el Formulario 8949, en inglés. File an extension on my taxes Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), Capital Gains and Losses (Ganancias y pérdidas de capital), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. File an extension on my taxes Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. File an extension on my taxes Cómo reclamar un reembolso. File an extension on my taxes   Si no reclama una pérdida de valores bursátiles sin valor en la declaración original del año en que perdieron su valor, puede reclamar un crédito o reembolso por pérdidas. File an extension on my taxes Tiene que usar el Formulario 1040X, Amended U. File an extension on my taxes S. File an extension on my taxes Individual Income Tax Return (Declaración enmendada del impuesto federal estadounidense sobre los ingresos personales), en inglés, para enmendar la declaración del año en que sus valores perdieron valor. File an extension on my taxes Tiene que presentar la declaración dentro de los 7 años a partir de la fecha en la que tenía que presentar su declaración original para ese año, o bien dentro de un plazo de 2 años a partir de la fecha en que pagó el impuesto, lo que suceda más tarde. File an extension on my taxes Para obtener más información acerca de cómo presentar una reclamación, consulte Declaraciones Enmendadas y Reclamaciones de Reembolso en el capítulo 1. File an extension on my taxes Cómo Calcular Pérdidas o Ganancias Calcule las pérdidas o ganancias en una venta o canje de bienes comparando la cantidad recibida con la base ajustada de los bienes. File an extension on my taxes Ganancia. File an extension on my taxes   Si la cantidad que recibe de una venta o canje es mayor que la base ajustada de los bienes que traspasa, la diferencia es una ganancia. File an extension on my taxes Pérdida. File an extension on my taxes   Si la base ajustada de los bienes que traspasa es mayor que la cantidad que recibe, la diferencia es una pérdida. File an extension on my taxes Base ajustada. File an extension on my taxes   La base ajustada de los bienes es su costo original u otra base original ajustada correctamente (aumentada o disminuida) para ciertos conceptos. File an extension on my taxes Consulte el capítulo 13 para obtener más información acerca de cómo determinar la base ajustada de bienes. File an extension on my taxes Cantidad recibida. File an extension on my taxes   La cantidad que recibe de la venta o canje de bienes es todo lo que recibe por dichos bienes menos los gastos relacionados con la venta (cargos por redención, comisiones de ventas, gastos de ventas o exit fees (gastos por rescate anticipado de una inversión colocada en un fondo)). File an extension on my taxes La cantidad recibida incluye el dinero que recibe, más el valor justo de mercado de los bienes o servicios que recibe. File an extension on my taxes Si recibe un pagaré u otro instrumento de deuda por dichos bienes, para calcular la cantidad recibida, consulte How To Figure Gain or Loss (Cómo calcular las pérdidas o ganancias) en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes Si financia la compra que hace el comprador de sus bienes (los de usted) y el instrumento de deuda no abarca los suficientes intereses establecidos, los intereses no establecidos que tiene que declarar como ingreso ordinario disminuirán la cantidad recibida de la venta. File an extension on my taxes Consulte la Publicación 537, en inglés, para obtener más información. File an extension on my taxes Valor justo de mercado. File an extension on my taxes   El valor justo de mercado es el precio que tienen los bienes al cambiar de dueño entre un comprador y un vendedor, sin que ninguno sea forzado a comprar o vender y teniendo ambos conocimiento razonable de todo hecho pertinente. File an extension on my taxes Ejemplo. File an extension on my taxes Usted canjea acciones de la Compañía A con una base ajustada de $7,000 por acciones de la Compañía B con un valor justo de mercado de $10,000, que es la cantidad que recibe. File an extension on my taxes Su ganancia es $3,000 ($10,000 − $7,000). File an extension on my taxes Deuda pagada por completo. File an extension on my taxes    Una deuda sobre los bienes, o en contra de usted, que se haya pagado por completo como parte de la transacción o que el comprador asuma, se tiene que incluir en la cantidad recibida. File an extension on my taxes Esto es aplicable aun si ni usted ni el comprador son personalmente responsables de la deuda. File an extension on my taxes Por ejemplo, si vende o canjea bienes que estén sujetos a un préstamo sin recurso, la cantidad que reciba generalmente incluye la cantidad total del pagaré asumido por el comprador, aun si la cantidad del pagaré es mayor que el valor justo de mercado de los bienes. File an extension on my taxes Ejemplo. File an extension on my taxes Usted vende acciones que ha dado en garantía para un préstamo bancario de $8,000. File an extension on my taxes Su base en las acciones es $6,000. File an extension on my taxes El comprador paga la totalidad de su préstamo bancario y le paga a usted $20,000 en efectivo. File an extension on my taxes La cantidad recibida es $28,000 ($20,000 + $8,000). File an extension on my taxes Su ganancia es $22,000 ($28,000 − $6,000). File an extension on my taxes Pago de efectivo. File an extension on my taxes   Si canjea bienes y efectivo por otros bienes, la cantidad que reciba es el valor justo de mercado de los bienes que reciba. File an extension on my taxes Determine sus pérdidas o ganancias restando el efectivo que pague más la base ajustada de los bienes que intercambie de la cantidad que reciba. File an extension on my taxes Si el resultado es un número positivo, es una ganancia. File an extension on my taxes Si el resultado es un número negativo, es una pérdida. File an extension on my taxes Sin pérdidas ni ganancias. File an extension on my taxes   Tal vez tenga que usar una base para calcular las ganancias distinta a la base para calcular las pérdidas. File an extension on my taxes En este caso, puede que no tenga ni ganancias ni pérdidas. File an extension on my taxes Consulte Base Distinta al Costo en el capítulo 13. File an extension on my taxes Canjes no Sujetos a Impuestos Esta sección trata sobre los canjes que no suelen generar una ganancia sujeta a impuestos o pérdida deducible. File an extension on my taxes Para obtener más información acerca de los canjes no sujetos a impuestos, consulte el capítulo 1 de la Publicación 544, en inglés. File an extension on my taxes Intercambio de bienes del mismo tipo. File an extension on my taxes   Si canjea bienes comerciales o de inversión por otros bienes comerciales o de inversión de un mismo tipo, no paga impuestos sobre las ganancias ni deduce pérdidas hasta que venda o enajene el bien que reciba. File an extension on my taxes Para estar exento de impuestos, el canje tiene que satisfacer las seis condiciones siguientes: Los bienes tienen que ser comerciales o de inversión. File an extension on my taxes Tiene que ser dueño de los bienes que canjea y los que recibe para fines de uso productivo en su ocupación o negocio o para inversión. File an extension on my taxes Ninguno de los bienes se puede usar para propósitos personales, como por ejemplo su vivienda o automóvil familiar. File an extension on my taxes Los bienes no pueden ser principalmente para la venta. File an extension on my taxes Los bienes que canjee y los que reciba no pueden ser bienes que venda a clientes, como mercancías. File an extension on my taxes Los bienes no pueden ser acciones, bonos, pagarés, derechos de acción, certificados de fideicomiso o derecho de usufructo ni otros valores o evidencia de deudas o intereses, incluidas las participaciones en sociedades colectivas. File an extension on my taxes Sin embargo, vea Special rules for mutual ditch, reservoir, or irrigation company stock (Reglas especiales para acciones de compañías de zanjas de uso compartido, embalses o represas o de riego) en el capítulo 4 de la Publicación 550 para ver una excepción. File an extension on my taxes Además, puede tener un canje no sujeto a impuestos de acciones de sociedades anónimas conforme a una regla distinta, como se describe más adelante. File an extension on my taxes Tiene que canjear bienes del mismo tipo. File an extension on my taxes El canje de bienes raíces por bienes raíces, o de bienes muebles por bienes muebles similares, es un canje de bienes del mismo tipo. File an extension on my taxes El canje de un edificio de apartamentos habitacional por un edificio de tienda o de un furgón por una camioneta es un canje de bienes del mismo tipo. File an extension on my taxes El canje de maquinaria por un edificio de tienda no es un canje de bienes del mismo tipo. File an extension on my taxes Los bienes raíces ubicados dentro de los Estados Unidos y aquéllos ubicados fuera de los Estados Unidos no son bienes del mismo tipo. File an extension on my taxes Asimismo, los bienes muebles utilizados predominantemente dentro de los Estados Unidos y los bienes muebles utilizados predominantemente fuera de los Estados Unidos no son bienes del mismo tipo. File an extension on my taxes Los bienes que se reciben tienen que identificarse por escrito dentro de los 45 días después de la fecha en que haya traspasado los bienes entregados en el canje. File an extension on my taxes Los bienes que se reciben tienen que recibirse a más tardar para una de las fechas siguientes, la que suceda antes: El día número 180 después de la fecha en que usted traspasó los bienes entregados en el canje o La fecha de vencimiento, incluidas las prórrogas, de su declaración de impuestos del año en que se produzca el traspaso de los bienes entregados en el canje. File an extension on my taxes   Puede aplicar una regla especial si canjea bienes con una parte vinculada en un intercambio de bienes del mismo tipo. File an extension on my taxes Consulte Transacciones entre Partes Vinculadas , más adelante en este capítulo. File an extension on my taxes Además, consulte el capítulo 1 de la Publicación 544, en inglés, para obtener más información acerca de los intercambios de bienes comerciales y de reglas especiales para intercambios con intermediarios calificados o de varios bienes. File an extension on my taxes Intercambio parcialmente no sujeto a impuestos. File an extension on my taxes   Si recibe dinero o bienes que no son del mismo tipo además de bienes del mismo tipo, y se cumplen las seis condiciones anteriores, significa que tiene un canje parcialmente no sujeto a impuestos. File an extension on my taxes Se gravan impuestos sobre las ganancias que obtenga, pero sólo hasta la cantidad de dinero y el valor justo de mercado de los bienes que reciba que no sean del mismo tipo. File an extension on my taxes No puede deducir una pérdida. File an extension on my taxes Traspaso de bienes del mismo tipo y de bienes que no son del mismo tipo. File an extension on my taxes   Si entrega bienes que no son del mismo tipo además de bienes del mismo tipo, tiene que reconocer pérdidas o ganancias en aquéllos que entregue que no sean del mismo tipo. File an extension on my taxes Las pérdidas o ganancias son la diferencia entre la base ajustada de los bienes que no son del mismo tipo y su valor justo de mercado. File an extension on my taxes Bienes del mismo tipo y dinero traspasados. File an extension on my taxes   Si se satisfacen todas las condiciones (1) a (6) que aparecen enumeradas anteriormente, tiene un canje no sujeto a impuestos aun si paga dinero además de los bienes del mismo tipo. File an extension on my taxes Base de bienes recibidos. File an extension on my taxes   Para calcular la base de los bienes recibidos, consulte Intercambios no Tributables en el capítulo 13. File an extension on my taxes Cómo declarar el canje. File an extension on my taxes   Tiene que declarar el canje de bienes del mismo tipo en el Formulario 8824, Like-Kind Exchanges (Intercambio de bienes del mismo tipo) en inglés. File an extension on my taxes Si calcula pérdidas o ganancias reconocidas en el Formulario 8824, declárelas en el Anexo D (Formulario 1040) o en el Formulario 4797, Sales of Business Property (Ventas de bienes comerciales), en inglés, según corresponda. File an extension on my taxes Vea las instrucciones para la línea 22 en las Instrucciones para el Formulario 8824, disponibles en inglés. File an extension on my taxes   Para obtener más información acerca del uso del Formulario 4797, consulte el capítulo 4 de la Publicación 544, en inglés. File an extension on my taxes Acciones de sociedades anónimas. File an extension on my taxes   Los siguientes canjes de acciones de sociedades anónimas generalmente no resultan en una ganancia sujeta a impuestos o pérdida deducible. File an extension on my taxes Reorganizaciones de sociedades anónimas. File an extension on my taxes   En algunos casos, una compañía le entregará acciones ordinarias a cambio de acciones preferentes, acciones preferentes a cambio de acciones ordinarias, o bien acciones de una sociedad anónima a cambio de acciones de otra. File an extension on my taxes Si esto es resultado de una fusión, recapitalización, traspaso a una sociedad anónima controlada, bancarrota (quiebra), división de sociedades anónimas, adquisición de sociedades anónimas u otra reorganización de sociedades anónimas, usted no reconoce pérdidas ni ganancias. File an extension on my taxes Acciones por acciones de la misma sociedad anónima. File an extension on my taxes   Puede intercambiar acciones ordinarias por acciones ordinarias o acciones preferentes por acciones preferentes de la misma sociedad anónima sin tener pérdidas ni ganancias reconocidas. File an extension on my taxes Esto es aplicable en un canje entre dos accionistas y también en un canje entre un accionista y la sociedad anónima. File an extension on my taxes Acciones y bonos convertibles. File an extension on my taxes   Normalmente, no tendrá pérdidas ni ganancias reconocidas si convierte bonos en acciones o acciones preferentes en acciones ordinarias de la misma sociedad anónima, según un privilegio de conversión en los términos del bono o del certificado de las acciones preferentes. File an extension on my taxes Bienes por acciones de una sociedad anónima controlada. File an extension on my taxes   Si traspasa bienes a una sociedad anónima únicamente a cambio de acciones de esa sociedad anónima, e inmediatamente después del canje usted se queda con el control de la sociedad anónima, normalmente no reconocerá pérdidas ni ganancias. File an extension on my taxes Esta regla se aplica a personas físicas y a grupos que traspasan bienes a una sociedad anónima. File an extension on my taxes No es aplicable si la sociedad anónima es una sociedad inversionista. File an extension on my taxes   Para estos efectos y para estar en control de una sociedad anónima, usted o su grupo de cesionistas tiene que poseer, inmediatamente después del intercambio, por lo menos el 80% del poder total combinado de votos de todas las clases de acciones con derecho a voto y por lo menos el 80% de las acciones en circulación de cada clase de acción sin derecho a voto de la sociedad anónima. File an extension on my taxes   Si esta disposición es aplicable en su caso, puede tener que tenga que adjuntar a la declaración de impuestos una declaración completa de todo hecho pertinente al intercambio. File an extension on my taxes Para más detalles, vea la sección 1. File an extension on my taxes 351-3 del Reglamento. File an extension on my taxes Información adicional. File an extension on my taxes   Para obtener más información acerca de los canjes de acciones, consulte Nontaxable Trades (Canjes no sujetos a impuestos) en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes Pólizas de seguros y anualidades. File an extension on my taxes   No tendrá ganancias ni pérdidas reconocidas si el asegurado o pensionista es el mismo en ambos contratos y usted intercambia: Un contrato de seguro de vida por otro contrato de seguro de vida o por un contrato dotal o de anualidad, o por un contrato de cuidados a largo plazo calificado; Un contrato dotal por otro contrato dotal que estipule pagos regulares, a partir de una fecha no posterior a la fecha de inicio conforme al contrato antiguo o por un contrato de anualidad o por un contrato de cuidados a largo plazo calificado; Un contrato de anualidad por otro contrato de anualidad o por un contrato de cuidados a largo plazo calificado o Un contrato de cuidados a largo plazo calificado por un contrato de cuidados a largo plazo calificado. File an extension on my taxes   Puede que tampoco tenga que reconocer pérdidas ni ganancias en un intercambio de parte de un contrato de anualidad por otro contrato de anualidad. File an extension on my taxes Para información sobre traspasos completados antes del 24 de octubre de 2011, consulte la Revenue Ruling 2003-76 (Resolución Administrativa Tributaria 2003-76 en el Internal Revenue Bulletin 2003-33 (Boletín de Impuestos Internos 2003-33), en inglés, y la Revenue Procedure 2008-24 (Procedimiento Tributario 2008-24) en el Internal Revenue Bulletin 2008-13 (Boletín de Impuestos Internos 2008-13). File an extension on my taxes La Resolución Administrativa Tributaria 2003-76 está disponible en www. File an extension on my taxes irs. File an extension on my taxes gov/irb/2003-33_IRB/ar11. File an extension on my taxes html. File an extension on my taxes El Procedimiento Tributario 2008-24 está disponible en www. File an extension on my taxes irs. File an extension on my taxes gov/irb/2008-3_IRB/ar13. File an extension on my taxes html. File an extension on my taxes Para información sobre traspasos completados el 24 de octubre de 2011 o después, consulte la Resolución Administrativa Tributaria 2003-76, indicada anteriormente, y el Revenue Procedure 2011-38 (Procedimiento Tributario 2011-38) en el Internal Revenue Bulletin 2011-30 (Boletín de Impuestos Internos 2011-30), en inglés. File an extension on my taxes El Procedimiento Tributario 2011-38 está disponible en www. File an extension on my taxes irs. File an extension on my taxes gov/irb/2011-30_IRB/ar09. File an extension on my taxes html. File an extension on my taxes   Para años tributarios que empiezan después del 31 de diciembre de 2010, las cantidades recibidas como una anualidad por un período de 10 años o más o por la vida de una o más personas físicas, conforme a cualquier parte de un contrato de anualidad, contrato dotal o de seguro de vida, son tratadas como un contrato por separado y se consideran anualidades parciales. File an extension on my taxes Puede empezar a recibir los pagos correspondientes a una parte de una anualidad, contrato dotal o contrato de seguro de vida (anualización), provisto que el período de su distribución sea por 10 años o más, o por la vida de una o más personas físicas. File an extension on my taxes La inversión en el contrato es asignada entre la parte del contrato cuyas cantidades se reciban como una anualidad y la parte del contrato cuyas cantidades no se reciban como una anualidad. File an extension on my taxes   Los intercambios de contratos no incluidos en esta lista, como por ejemplo un contrato de anualidad por un contrato de seguro dotal, o bien un contrato de seguro dotal o anualidad por un contrato de seguro de vida, están sujetos a impuestos. File an extension on my taxes Desmutualización de compañías de seguros de vida. File an extension on my taxes   Si recibió acciones a cambio de su participación en el patrimonio neto como titular de póliza o pensionista, normalmente no tendrá pérdidas ni ganancias reconocidas. File an extension on my taxes Consulte Demutualization of Life Insurance Companies (Desmutualización de compañías de seguros de vida) en la Publicación 550, en inglés. File an extension on my taxes Pagarés o bonos del Tesoro de los Estados Unidos. File an extension on my taxes   Puede canjear ciertas emisiones de obligación del Tesoro de los Estados Unidos por otras emisiones designadas por el Secretario del Tesoro, sin pérdidas ni ganancias reconocidas en el canje. File an extension on my taxes Vea información adicional sobre este tema en el tema titulado Savings bonds traded (Cambio de los bonos de ahorro), en el capítulo 1 de la Publicación 550, en inglés. File an extension on my taxes Traspasos entre Cónyuges En general, no se reconocen las pérdidas ni las ganancias en un traspaso de bienes de una persona física a (o en fideicomiso para el beneficio de) un cónyuge, o en caso de divorcio, a un ex cónyuge. File an extension on my taxes Esta regla de no reconocimiento no es aplicable en las siguientes situaciones: El cónyuge o ex cónyuge beneficiario es extranjero no residente. File an extension on my taxes Se traspasan bienes en fideicomiso y la obligación excede de la base. File an extension on my taxes Las ganancias tienen que ser reconocidas en la medida en que la cantidad de las obligaciones asumidas por el fideicomiso, más las demás obligaciones sobre los bienes, sean mayores que la base ajustada de los mismos. File an extension on my taxes Para otras situaciones, vea el tema titulado Transfers Between Spouses (Traspasos entre cónyuges), en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes El beneficiario trata todo traspaso de bienes a un cónyuge o ex cónyuge, sobre el cual no se reconocen pérdidas ni ganancias, como un regalo y no se considera venta ni intercambio. File an extension on my taxes La base del beneficiario en los bienes será la misma que la base ajustada del donante inmediatamente antes del traspaso. File an extension on my taxes Esta regla de traslado de la base se aplica independientemente de si la base ajustada de bienes traspasados es menor que, igual a, o mayor que el valor justo de mercado al momento del traspaso o menor que, igual a, o mayor que toda compensación pagada por el beneficiario. File an extension on my taxes Esta regla es aplicable en la determinación de ganancias y pérdidas. File an extension on my taxes Una ganancia reconocida sobre un traspaso de fideicomiso aumenta la base. File an extension on my taxes Un traspaso de bienes está relacionado con un divorcio si el traspaso sucede dentro de 1 año después de la fecha en la que termina el matrimonio o si se relaciona con la terminación del matrimonio. File an extension on my taxes Transacciones entre Partes Vinculadas Hay reglas especiales que son aplicables a la venta o canje de bienes entre partes vinculadas. File an extension on my taxes Ganancias sobre ventas o canje de bienes depreciables. File an extension on my taxes   Su ganancia de la venta o canje de bienes a una parte vinculada puede ser ingreso ordinario, y no ganancia de capital, si la parte que recibe los bienes puede depreciarlos. File an extension on my taxes Para obtener más información, consulte el capítulo 3 de la Publicación 544, en inglés. File an extension on my taxes Intercambio de bienes del mismo tipo. File an extension on my taxes   Normalmente, si canjea bienes comerciales o de inversión por otros bienes comerciales o de inversión del mismo tipo, no se reconocen pérdidas ni ganancias. File an extension on my taxes Consulte Intercambios de bienes del mismo tipo , anteriormente, bajo Canjes no Sujetos a Impuestos. File an extension on my taxes   Esta regla también es aplicable a los canjes de bienes entre partes vinculadas, lo que se define a continuación en Pérdidas sobre ventas o canjes de bienes . File an extension on my taxes Sin embargo, si usted o la parte vinculada enajena los bienes del mismo tipo dentro de los 2 años después del canje, ambos tienen que declarar pérdidas o ganancias no reconocidas en el canje original en la declaración presentada para el año en que se produzca la última enajenación. File an extension on my taxes Las excepciones a esta regla se hallan en el tema titulado Related Party Transactions (Transacciones entre partes vinculadas), en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes Pérdidas sobre ventas o canjes de bienes. File an extension on my taxes   No puede deducir una pérdida sobre la venta o canje de bienes, salvo una distribución de la liquidación completa de una sociedad anónima, si la transacción se hace directa o indirectamente entre usted y las siguientes partes vinculadas: Miembros de su familia. File an extension on my taxes Incluye únicamente a sus hermanos y hermanas, medios hermanos y medias hermanas, cónyuge, antecesores (padres, abuelos, etc. File an extension on my taxes ) y descendientes directos (hijos, nietos, etcétera). File an extension on my taxes Una sociedad colectiva en la que tuvo directa o indirectamente más del 50% de la participación en el capital o en las utilidades. File an extension on my taxes Una sociedad anónima en la que tuvo directa o indirectamente más del 50% del valor de las acciones en circulación. File an extension on my taxes Consulte Propiedad implícita de acciones , más adelante. File an extension on my taxes Una organización caritativa o educativa exenta de impuestos que usted o un miembro de su familia controla directa o indirectamente, de cualquier forma o método, sin importar si este control es ejecutable legalmente. File an extension on my taxes   Además, no se puede deducir una pérdida sobre la venta o canje de bienes, si la transacción se hace directa o indirectamente entre las siguientes partes vinculadas: Un cesionista y un fiduciario, o el fiduciario y el beneficiario, de cualquier fideicomiso. File an extension on my taxes Fiduciarios de dos fideicomisos diferentes, o el fiduciario y el beneficiario de dos fideicomisos diferentes, si la misma persona es el cesionista de ambos fideicomisos. File an extension on my taxes Un fiduciario de fideicomiso y una sociedad anónima en la que más del 50% del valor de las acciones en circulación son de propiedad directa o indirecta del fideicomiso o para el mismo, o bien del cesionista del fideicomiso o para el mismo. File an extension on my taxes Una sociedad anónima y una sociedad colectiva si las mismas personas poseen más del 50% del valor de las acciones en circulación de la sociedad anónima y más del 50% de participación en el capital o participación en las utilidades de la sociedad colectiva. File an extension on my taxes Dos sociedades anónimas de tipo S si las mismas personas poseen más del 50% del valor de las acciones en circulación de cada sociedad anónima. File an extension on my taxes Dos sociedades anónimas, una de las cuales es una sociedad anónima de tipo S, si las mismas personas poseen más del 50% del valor de las acciones en circulación de cada sociedad anónima. File an extension on my taxes Un albacea y un beneficiario de un caudal hereditario (excepto en el caso de venta o canje para satisfacer una asignación testamentaria pecuniaria). File an extension on my taxes Dos sociedades anónimas que sean miembros del mismo grupo controlado. File an extension on my taxes (Sin embargo, en ciertas condiciones estas pérdidas no son denegadas, pero se tienen que diferir). File an extension on my taxes Dos sociedades colectivas si las mismas personas poseen, directa o indirectamente, más del 50% de la participación en el capital o de las utilidades en ambas sociedades colectivas. File an extension on my taxes Ventas o canjes de bienes múltiples. File an extension on my taxes   Si vende a una parte vinculada o canjea con ésta una cantidad de paquetes de acciones o bienes en una suma global, tiene que calcular las pérdidas o ganancias por separado para cada paquete de acciones o bienes. File an extension on my taxes Es posible que la ganancia por cada artículo pueda estar sujeta a impuestos. File an extension on my taxes Sin embargo, no puede deducir la pérdida de artículo alguno. File an extension on my taxes Tampoco puede reducir las ganancias provenientes de la venta de ninguno de estos artículos por las pérdidas provenientes de la venta de ninguno de los demás artículos. File an extension on my taxes Transacciones indirectas. File an extension on my taxes   No puede deducir las pérdidas de la venta de acciones a través de su agente si, conforme a un plan dispuesto previamente, una parte vinculada compra las mismas acciones que eran de usted. File an extension on my taxes Esto no es aplicable a un canje entre partes vinculadas a través de un intercambio que sea absolutamente fortuito y que no haya sido programado con antelación. File an extension on my taxes Propiedad implícita de acciones. File an extension on my taxes   Para determinar si una persona posee directa o indirectamente acciones vigentes de una sociedad anónima, se aplican las siguientes reglas: Regla 1. File an extension on my taxes   Las acciones de propiedad directa o indirecta de o para una sociedad anónima, sociedad colectiva, caudal hereditario o fideicomiso se consideran de propiedad proporcionalmente por o para sus accionistas, socios o beneficiarios. File an extension on my taxes Regla 2. File an extension on my taxes   Se considera que una persona es propietaria de las acciones poseídas directa o indirectamente por o para su familia. File an extension on my taxes La familia incluye únicamente a hermanos y hermanas, medios hermanos y medias hermanas, cónyuge, antecesores y descendientes directos. File an extension on my taxes Regla 3. File an extension on my taxes   Se considera que una persona física que sea propietaria de acciones de una sociedad anónima, siempre y cuando no sea mediante la aplicación de la Regla 2, es propietaria de las acciones de las cuales su socio es propietario directo o indirecto. File an extension on my taxes Regla 4. File an extension on my taxes   Al aplicar la Regla 1, 2 ó 3, las acciones de las cuales es dueña implícita una persona conforme a la Regla 1 se consideran realmente propiedad de esa persona. File an extension on my taxes Sin embargo, las acciones de propiedad implícita de una persona bajo la Regla 2 ó 3 no se consideran propiedad de esa persona si se usa nuevamente la Regla 2 ó 3 para hacer que otra persona sea el propietario implícito de dichas acciones. File an extension on my taxes Bienes recibidos de una parte vinculada. File an extension on my taxes    Si vende o canjea con ganancia bienes que adquirió de una parte vinculada, usted reconoce la ganancia solamente en la medida en que sea más que la pérdida previamente denegada a la parte vinculada. File an extension on my taxes Esta regla es aplicable solamente si es cesionario original y adquiere los bienes mediante compra o intercambio. File an extension on my taxes Esta regla no es aplicable si las pérdidas de la parte vinculada fueron denegadas debido a reglas de las ventas ficticias descritas en el capítulo 4 de la Publicación 550 bajo Wash Sales (Ventas ficticias), en inglés. File an extension on my taxes   Si vende o canjea con pérdida bienes que adquirió de una parte vinculada, no puede reconocer la pérdida que no fue permisible para la parte vinculada. File an extension on my taxes Ejemplo 1. File an extension on my taxes Su hermano le vende acciones por $7,600. File an extension on my taxes Su base de costo es $10,000. File an extension on my taxes Su hermano no puede deducir la pérdida de $2,400. File an extension on my taxes Después, usted vende las mismas acciones a una parte no vinculada por $10,500, obteniendo una ganancia de $2,900. File an extension on my taxes La ganancia a declarar es $500, es decir, la ganancia de $2,900 menos la pérdida de $2,400 no permitida a su hermano. File an extension on my taxes Ejemplo 2. File an extension on my taxes Si en el Ejemplo 1 usted vende las acciones por $6,900 en lugar de $10,500, su pérdida reconocida es solamente $700 (su base de $7,600 menos $6,900). File an extension on my taxes No puede deducir la pérdida no permitida a su hermano. File an extension on my taxes Pérdidas y Ganancias de Capital Esta sección explica el trato tributario de las ganancias y pérdidas de diferentes tipos de transacciones de inversiones. File an extension on my taxes Carácter de las pérdidas o ganancias. File an extension on my taxes   Debe clasificar sus ganancias y pérdidas como pérdidas o ganancias ordinarias o de capital. File an extension on my taxes Luego, debe clasificar sus ganancias y pérdidas de capital, ya sea a corto plazo o a largo plazo. File an extension on my taxes Si tiene ganancias y pérdidas a largo plazo, tiene que identificar las ganancias y pérdidas a una tasa de 28%. File an extension on my taxes Si tiene ganancias netas de capital, también tiene que identificar toda ganancia no recuperada conforme a la sección 1250. File an extension on my taxes   La clasificación e identificación correcta le ayuda a calcular el límite sobre las pérdidas de capital y el impuesto correcto sobre las ganancias de capital. File an extension on my taxes La declaración de las ganancias y pérdidas de capital se explica en el capítulo 16 . File an extension on my taxes Pérdidas o Ganancias Ordinarias o de Capital Si tiene una ganancia sujeta a impuestos o una pérdida deducible proveniente de una transacción, es posible que sea ganancia o pérdida ordinaria o de capital, dependiendo de las circunstancias. File an extension on my taxes Normalmente, la venta o canje de bienes de capital (definido a continuación) resulta en una pérdida o ganancia de capital. File an extension on my taxes La venta o canje de bienes que no son de capital generalmente resulta en una pérdida o ganancia ordinaria. File an extension on my taxes Según las circunstancias, una pérdida o ganancia sobre la venta o canje de bienes utilizados en su ocupación o negocio puede tratarse como ordinaria o de capital, como se explica en la Publicación 544, en inglés. File an extension on my taxes En algunas situaciones, parte de las pérdidas o ganancias puede ser pérdida o ganancia de capital y otra parte puede ser pérdida o ganancia ordinaria. File an extension on my taxes Bienes de Capital y Bienes que no Son de Capital La mayor parte de los bienes que usted posee y usa para fines personales, de placer o inversión constituye bienes de capital. File an extension on my taxes Ejemplos de éstos incluyen: Acciones o bonos que tenga en su cuenta personal; Una vivienda de la cual usted es dueño y que usan usted y su familia; Mobiliario doméstico; Un automóvil usado para recreación o para trasladarse de su hogar a su trabajo; Colecciones de monedas o estampillas; Gemas y joyas y Oro, plata o cualquier otro metal. File an extension on my taxes Todo bien que usted posea es bien de capital, a excepción de los siguientes bienes que no son de capital: Los bienes que posee principalmente para la venta a clientes o que físicamente formarán parte de la mercancía para la venta a clientes. File an extension on my taxes Para una excepción a esta regla, vea Obras Musicales de Creación Propia Tratadas como Bienes de Capital , más adelante. File an extension on my taxes Bienes depreciables usados en su ocupación o negocio, aun cuando estén completamente depreciados. File an extension on my taxes Bienes raíces que usa en su ocupación o negocio. File an extension on my taxes Derechos de autor, composiciones literarias, musicales o artísticas, cartas o memorandos, o bienes similares que sean: Creados con su propio esfuerzo, Preparados o producidos para usted (en el caso de una carta, memorándum o bienes similares) o Adquiridos bajo ciertas circunstancias (por ejemplo, como regalo), dándole a usted derecho a la base de la persona que creó la propiedad o para quien se preparó o se produjo. File an extension on my taxes Para una excepción a esta regla, vea Obras Musicales de Creación Propia Tratadas como Bienes de Capital , más adelante. File an extension on my taxes Cuentas o documentos por cobrar adquiridos en el curso normal de su ocupación o negocio por servicios prestados o provenientes de la venta de bienes que se describen en el punto (1). File an extension on my taxes Publicaciones del Gobierno de los Estados Unidos que recibió del gobierno en forma gratuita o por menos del precio de venta normal, o que compró en circunstancias que le dieron derecho a la base de alguien que recibió las publicaciones en forma gratuita o por menos del precio de venta normal. File an extension on my taxes Algunos instrumentos financieros derivados de productos básicos mantenidos por revendedores de derivados de productos básicos. File an extension on my taxes Transacciones de cobertura, pero sólo si la transacción está claramente identificada como transacción de este tipo antes del cierre del día en que se adquirió, se originó o en que usted la firmó. File an extension on my taxes Suministros del tipo que se usa o consume regularmente en el curso normal de su ocupación o negocio. File an extension on my taxes Bienes de Inversión Los bienes de inversión son bienes de capital. File an extension on my taxes Normalmente, una ganancia o pérdida proveniente de su venta o canje es una ganancia o pérdida de capital. File an extension on my taxes Oro, plata, estampillas, monedas, gemas, etcétera. File an extension on my taxes   Éstos son bienes de capital, excepto cuando están en posesión de un revendedor con fines de venta. File an extension on my taxes Normalmente, la pérdida o ganancia que asume de esta venta o canje es una pérdida o ganancia de capital. File an extension on my taxes Acciones, derechos de suscripción y bonos. File an extension on my taxes   Todo lo anterior (incluidas las acciones recibidas como dividendo) son bienes de capital, excepto cuando un revendedor de valores los tiene para la venta. File an extension on my taxes Sin embargo, si posee acciones de un pequeño negocio, consulte Pérdidas en Acciones conforme a la Sección 1244 (Pequeño Negocio) , más adelante, y Losses on Small Business Investment Company Stock (Pérdidas sobre acciones de sociedad inversionista especializada en pequeños negocios), en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes Bienes de Uso Personal Los bienes mantenidos sólo para uso personal y no para inversión son bienes de capital y, por lo tanto, tiene que declarar una ganancia procedente de su venta como ganancia de capital. File an extension on my taxes Sin embargo, no puede deducir una pérdida por la venta de bienes de uso personal. File an extension on my taxes Obras Musicales de Creación Propia Tratadas como Bienes de Capital Puede optar por tratar las obras musicales y los derechos de autor asociados con obras musicales como bienes de capital al venderlos o intercambiarlos si: Creó dichos bienes por medio de sus propios esfuerzos o Adquirió los bienes bajo condiciones (como regalo, por ejemplo) que le dieron derecho a la base de la persona que creó dichos bienes o de la persona para quien fueron preparados o producidos. File an extension on my taxes Tiene que elegir una opción distinta para cada obra musical (o derecho de autor asociado con una obra musical) vendida o intercambiada durante el año tributario. File an extension on my taxes Tiene que elegir la opción en, o antes de, la fecha de vencimiento del plazo de entrega (incluyendo prórrogas) de la declaración de impuestos del año de la venta o intercambio. File an extension on my taxes Tiene que anotar la opción en el Formulario 8949, considerando la venta o intercambio como venta o intercambio de bienes de capital, conforme al Formulario 8949, el Anexo D (Formulario 1040) y sus instrucciones por separado, en inglés. File an extension on my taxes Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. File an extension on my taxes Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. File an extension on my taxes Puede revocar esta opción si el IRS se lo aprueba. File an extension on my taxes Para obtener la aprobación del IRS, tiene que enviar una solicitud al IRS para que éste le provea una carta de decisión sobre este asunto tributario conforme al Revenue Procedure (Procedimiento tributario) correspondiente a su situación. File an extension on my taxes Vea, por ejemplo, el Procedimiento Tributario 2013-1, rectificado por el Anuncio 2013-9, que fue ampliado y modificado a su vez por el Procedimiento Tributario 2013-32, en el Internal Revenue Bulletin (Boletín de Impuestos Internos), en inglés, en www. File an extension on my taxes irs. File an extension on my taxes gov/irb/2013-01_IRB/ar06. File an extension on my taxes html. File an extension on my taxes Como alternativa, se le otorga una prórroga automática de 6 meses a partir de la fecha de vencimiento del plazo de entrega de su declaración de impuestos sobre el ingreso (excluyendo prórrogas) para revocar la opción, con la condición de que presente a tiempo la declaración de impuestos sobre el ingreso y, durante este plazo de prórroga de 6 meses, presente el Formulario 1040X en el que la venta o intercambio se considere como venta o intercambio de bienes no de capital. File an extension on my taxes Instrumentos de Deuda Descontados Trate como ganancia o pérdida de capital su pérdida o ganancia de la venta, rescate o retiro de un bono u otro instrumento de deuda originalmente emitido con descuento o comprado con descuento, excepto según se explica a continuación. File an extension on my taxes Deudas gubernamentales a corto plazo. File an extension on my taxes   Trate las ganancias sobre las deudas de un gobierno federal, estatal o local a corto plazo (que no sean deudas exentas de impuestos) como ingresos ordinarios hasta su parte proporcional del descuento de adquisición. File an extension on my taxes Este trato se aplica a deudas que tienen una fecha de vencimiento fija de no más de 1 año a partir de la fecha de emisión. File an extension on my taxes El descuento de adquisiciones es el precio de rescate establecido al vencimiento menos la base de la deuda. File an extension on my taxes   Sin embargo, no trate estas ganancias como ingreso en la medida en que haya incluido previamente el descuento en los ingresos. File an extension on my taxes Consulte Discount on Short-Term Obligations (Descuento sobre deudas a corto plazo) en el capítulo 1 de la Publicación 550, en inglés. File an extension on my taxes Deudas no gubernamentales a corto plazo. File an extension on my taxes   Trate las ganancias sobre las deudas no gubernamentales a corto plazo como ingresos ordinarios hasta su parte proporcional del descuento de la emisión original (OID, por sus siglas en inglés). File an extension on my taxes Este trato se aplica a deudas que tienen una fecha de vencimiento fija de no más de 1 año a partir de la fecha de emisión. File an extension on my taxes   Sin embargo, no tiene que volver a incluir en los ingresos la parte del descuento que haya incluido previamente en los mismos. File an extension on my taxes Consulte Discount on Short-Term Obligations (Descuento sobre deudas a corto plazo) en el capítulo 1 de la Publicación 550, en inglés. File an extension on my taxes Bonos de gobiernos estatales y locales exentos de impuestos. File an extension on my taxes   Si estos bonos se emitieron originalmente con un descuento antes del 4 de septiembre de 1982, o bien si los adquirió antes del 2 de marzo de 1984, trate su parte del OID como intereses exentos de impuestos. File an extension on my taxes Para calcular las pérdidas o ganancias por la venta o canje de estos bonos, reste su parte del OID de la cantidad obtenida. File an extension on my taxes   Si los bonos fueron emitidos después del 3 de septiembre de 1982 y adquiridos después del 1 de marzo de 1984, sume a la base ajustada su parte del OID para calcular la pérdida o ganancia. File an extension on my taxes Para obtener más información acerca de la base de estos bonos, consulte Discounted Debt Instruments (Instrumentos de deuda descontados) en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes   Normalmente, las ganancias del descuento comercial están sujetas a impuestos sobre la enajenación o rescate de los bonos exentos de impuestos. File an extension on my taxes Si compró los bonos antes del 1 de mayo de 1993, la ganancia del descuento comercial es una ganancia de capital. File an extension on my taxes Si compró los bonos después del 30 de abril de 1993, la ganancia constituye ingresos ordinarios. File an extension on my taxes   Usted calcula el descuento comercial restando el precio que pagó por el bono de la suma del precio original de emisión del bono y la cantidad del OID acumulado desde la fecha de emisión que representó intereses para los accionistas anteriores. File an extension on my taxes Para obtener más información, consulte Market Discount Bonds (Bonos con descuento en el mercado) en el capítulo 1 de la Publicación 550, en inglés. File an extension on my taxes    Una pérdida sobre la venta u otra enajenación de bonos de gobiernos estatales o locales exentos de impuestos es deducible como pérdida de capital. File an extension on my taxes Rescate antes del vencimiento. File an extension on my taxes   Si un bono local o estatal emitido antes del 9 de junio de 1980 se rescata antes de su vencimiento, entonces el OID no le está sujeto a impuestos a usted. File an extension on my taxes   Si un bono local o estatal emitido después del 8 de junio de 1980 se rescata antes de su vencimiento, entonces la parte del OID que generó ingresos mientras tuvo el bono no le está sujeto a impuestos a usted. File an extension on my taxes Sin embargo, tiene que declarar la parte no devengada del OID como ganancia de capital. File an extension on my taxes Ejemplo. File an extension on my taxes El 2 de julio de 2002, fecha de emisión, usted compró un bono municipal de 6% a 20 años por $800. File an extension on my taxes La cantidad nominal del bono fue $1,000. File an extension on my taxes El descuento de $200 se atribuyó al OID. File an extension on my taxes En el momento en que se emitió el bono, el emisor no tenía intención de rescatarlo antes de su vencimiento. File an extension on my taxes El bono fue rescatable en su cantidad nominal después de 10 años de la fecha de emisión. File an extension on my taxes El emisor rescató el bono al término de 11 años (2 de julio de 2013) por la cantidad nominal de $1,000, más los intereses anuales devengados de $60. File an extension on my taxes El OID de $73, obtenido durante el tiempo que tuvo el bono, no está sujeto a impuestos. File an extension on my taxes Los intereses anuales devengados de $60 tampoco están sujetos a impuestos. File an extension on my taxes Sin embargo, tiene que declarar la parte no devengada del OID ($127) como ganancia de capital. File an extension on my taxes Instrumentos de deuda a largo plazo emitidos después de 1954 y antes del 28 de mayo de 1969 (o antes del 2 de julio de 1982 si son instrumentos de gobierno). File an extension on my taxes   Si vende, canjea o rescata para obtener ganancia uno de estos instrumentos de deuda, el ingreso ordinario será la parte de la ganancia que no sea superior a la parte proporcional del OID al momento de la venta o rescate. File an extension on my taxes El resto de la ganancia es ganancia de capital. File an extension on my taxes Sin embargo, si hubo intención de rescatar el instrumento de deuda antes de su vencimiento, toda la ganancia que no supere el total del OID se tratará como ingreso ordinario al momento de la venta. File an extension on my taxes Este trato de ganancia sujeta a impuestos también es aplicable a los instrumentos de sociedades anónimas emitidos después del 27 de mayo de 1969, conforme a un acuerdo escrito vinculante a partir del 27 de mayo de 1969, y en todo momento después de esta fecha. File an extension on my taxes Instrumentos de deuda a largo plazo emitidos después del 27 de mayo de 1969 (o después del 1 de julio de 1982 si son instrumentos de gobierno). File an extension on my taxes   Si es dueño de uno de estos instrumentos de deuda, tiene que incluir una parte del OID en su ingreso bruto cada año que posee el instrumento. File an extension on my taxes Su base de dicho instrumento de deuda aumenta con la cantidad del OID que incluyó en sus ingresos brutos. File an extension on my taxes Consulte Descuento de la Emisión Original (OID) en el capítulo 7 para obtener información acerca del OID que tiene que declarar en su declaración de impuestos. File an extension on my taxes   Si vende o canjea el instrumento de deuda antes de su vencimiento, la ganancia que obtiene es ganancia de capital. File an extension on my taxes Sin embargo, si al momento de la emisión original del instrumento hubo una intención de rescatarlo antes de su vencimiento, normalmente la ganancia es ganancia ordinaria hasta el límite del total del OID menos las cantidades del OID que previamente se incluyeron en sus ingresos. File an extension on my taxes En este caso, el resto de la ganancia es ganancia de capital. File an extension on my taxes Bonos con descuento en el mercado. File an extension on my taxes   Si el instrumento de deuda tiene descuento en el mercado y usted optó por incluir en el ingreso el descuento a medida que se acumulaba, aumente su base en el instrumento de deuda por el descuento acumulado para calcular la pérdida o ganancia de capital sobre la enajenación. File an extension on my taxes Si optó por no incluir en el ingreso el descuento a medida que se acumulaba, tiene que declarar la ganancia como ingreso ordinario de intereses hasta el monto del descuento comercial acumulado del instrumento. File an extension on my taxes El resto son ganancias de capital. File an extension on my taxes Consulte Market Discount Bonds (Bonos de descuento en el mercado) en el capítulo 1 de la Publicación 550, en inglés. File an extension on my taxes   Se aplica una regla diferente a los bonos con descuento en el mercado emitidos antes del 19 de julio de 1984 y comprados por usted antes del 1 de mayo de 1993. File an extension on my taxes Consulte Market discount bonds (Bonos de descuento en el mercado) bajo Discounted Debt Instruments (Instrumentos de deuda descontados) en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes Redención de instrumento de deuda. File an extension on my taxes   Las cantidades recibidas por la redención de un instrumento de deuda se tratan del mismo modo que si hubiera vendido o canjeado dicho instrumento. File an extension on my taxes Pagarés de personas físicas. File an extension on my taxes   Si mantiene la deuda de una persona física que se emitió con OID después del 1 de marzo de 1984, generalmente tiene que incluir el OID en su ingreso actual, y las pérdidas o ganancias sobre la venta o redención de la deuda son, por lo general, pérdidas o ganancias de capital. File an extension on my taxes Se aplica una excepción a este caso si la deuda es un préstamo entre personas físicas y se satisfacen los requisitos siguientes: El prestamista no se dedica al negocio de prestar dinero. File an extension on my taxes La cantidad del préstamo, más la cantidad de los préstamos anteriores pendientes, es $10,000 o menos. File an extension on my taxes La evasión de impuestos federales no es uno de los principales objetivos del préstamo. File an extension on my taxes   Si corresponde la excepción, o si la deuda fue emitida antes del 2 de marzo de 1984, usted no incluye el OID en sus ingresos actuales. File an extension on my taxes Cuando venda o rescate la deuda, la parte de su ganancia que no sea superior a la parte devengada del OID en ese momento es ingreso ordinario. File an extension on my taxes El resto de la ganancia, si la hay, es ganancia de capital. File an extension on my taxes Las pérdidas sobre las ventas o rescates son pérdidas de capital. File an extension on my taxes Depósito en Instituciones Financieras Insolventes o en Quiebra Si pierde dinero que tenga depositado en un banco, cooperativa de crédito u otra institución financiera que ya no es solvente o está en bancarrota, tal vez pueda deducir su pérdida en una de las tres maneras siguientes: Pérdida ordinaria. File an extension on my taxes Pérdida fortuita. File an extension on my taxes Deuda incobrable no comercial (pérdida de capital a corto plazo). File an extension on my taxes  Para más información, vea Deposit in Insolvent or Bankrupt Financial Institution (Depósito en institución financiera insolvente o en quiebra) en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes Venta de Anualidad Se considera ingreso ordinario la parte de una ganancia sobre la venta de un contrato de anualidad antes de su fecha de vencimiento y que se basa en los intereses acumulados en el contrato. File an extension on my taxes Pérdidas en Acciones Conforme a la Sección 1244 (Pequeño Negocio) Usted puede deducir su pérdida proveniente de la venta, canje o falta de valor de acciones conforme a la sección 1244 como una pérdida ordinaria en vez de una pérdida de capital. File an extension on my taxes Declare la pérdida en la línea 10 del Formulario 4797. File an extension on my taxes Toda ganancia sobre acciones conforme a la sección 1244 es ganancia de capital si las acciones son bienes de capital en su mano. File an extension on my taxes Declare la ganancia en el Formulario 8949. File an extension on my taxes Consulte Losses on Section 1244 (Small Business) Stock (Pérdidas de acciones (de pequeño negocio) conforme a la sección 1244), en el capítulo 4 de la Publicación 550, en inglés. File an extension on my taxes Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. File an extension on my taxes Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. File an extension on my taxes Período de Tenencia Si vendió o canjeó bienes de inversión, tiene que determinar el período de tenencia de los bienes. File an extension on my taxes Su período de tenencia determina si una pérdida o ganancia de capital fue a corto o largo plazo. File an extension on my taxes Corto o largo plazo. File an extension on my taxes   Si mantiene bienes de inversión por más de 1 año, las pérdidas o ganancias de capital son a largo plazo. File an extension on my taxes Si mantiene bienes por 1 año o menos, las pérdidas o ganancias de capital son a corto plazo. File an extension on my taxes   Para determinar el tiempo en que tuvo bienes de inversión, empiece a contar a partir del día siguiente a la fecha en que adquirió los bienes. File an extension on my taxes El día en que enajenó los bienes forma parte del período de tenencia. File an extension on my taxes Ejemplo. File an extension on my taxes Si compró bienes de inversión el 6 de febrero de 2012 y los vendió el 6 de febrero de 2013, el período de tenencia no es superior a un 1 año y, por lo tanto, tiene pérdida o ganancia de capital a corto plazo. File an extension on my taxes Si vendió los bienes el 7 de febrero de 2013, el período de tenencia es superior a un 1 año y, por lo tanto, tiene una pérdida o ganancia de capital a largo plazo. File an extension on my taxes Valores cotizados en un mercado establecido. File an extension on my taxes   En lo que respecta a valores cotizados en un mercado de valores establecido, el período de tenencia comienza el día siguiente a la fecha de transacción en que compró los valores y termina en la fecha de transacción en que los vendió. File an extension on my taxes    No confunda la fecha de transacción con la fecha de liquidación, para la cual es la fecha en que se tienen que entregar las acciones y se tiene que efectuar el pago. File an extension on my taxes Ejemplo. File an extension on my taxes Usted es contribuyente con base de método de efectivo y año natural para la presentación de su declaración. File an extension on my taxes El 30 de diciembre de 2013, vendió acciones con ganancias. File an extension on my taxes Según las reglas de la bolsa, la venta se cerró con la entrega de las acciones 4 días comerciales después de la venta, el 6 de enero de 2014. File an extension on my taxes Recibió el pago del valor de la venta el mismo día. File an extension on my taxes Declare la ganancia en la declaración del año 2013, aunque haya recibido el pago en el año 2014. File an extension on my taxes La ganancia es a largo o corto plazo dependiendo de si tuvo las acciones más de un año. File an extension on my taxes Su período de tenencia terminó el 30 de diciembre. File an extension on my taxes Si hubiera vendido las acciones con pérdidas, también habría declarado las pérdidas en su declaración del año 2013. File an extension on my taxes Pagarés y bonos del Tesoro de los Estados Unidos. File an extension on my taxes   El período de tenencia de pagarés y bonos de los EE. File an extension on my taxes UU. File an extension on my taxes vendidos en subasta en base a su rendimiento se inicia el día después de que el Secretario del Tesoro, mediante comunicados de prensa, dé notificación a los postores cuyas ofertas hayan sido aceptadas. File an extension on my taxes El período de tenencia de pagarés y bonos de los EE. File an extension on my taxes UU. File an extension on my taxes con rendimiento determinado vendidos en base a suscripciones se inicia el día después de que se presente la suscripción. File an extension on my taxes Servicio de inversión automático. File an extension on my taxes   Al determinar el período de tenencia de acciones compradas a través del banco u otro agente, se considera que las acciones enteras se compraron al inicio y las acciones fraccionarias se compraron al final. File an extension on my taxes El período de tenencia de usted comienza el día siguiente de la fecha de compra del banco. File an extension on my taxes Si una acción se compró en más de una fecha de compra, el período de tenencia de esa acción es un período de tenencia dividido. File an extension on my taxes Se considera que se compró una parte de esa acción en cada fecha en que el banco haya comprado la acción con pagos procedentes de fondos disponibles. File an extension on my taxes Canjes no sujetos a impuestos. File an extension on my taxes   Si adquiere bienes de inversión en un canje por otros bienes de inversión y la base de los nuevos bienes está determinada, en su totalidad o en parte, por la base de los antiguos bienes, el período de tenencia de los nuevos bienes comienza el día siguiente de la fecha en que adquirió los antiguos bienes. File an extension on my taxes Bienes recibidos como regalo. File an extension on my taxes   Si recibe un regalo de bienes y la base se determina por la base ajustada del donante, se considera que el período de tenencia ha empezado el mismo día en que empezó el período de tenencia del donante. File an extension on my taxes   Si la base está determinada por el valor justo de mercado de los bienes, el período de tenencia comienza el día siguiente de la fecha del regalo. File an extension on my taxes Bienes heredados. File an extension on my taxes   Por lo general, si usted heredó bienes de inversión, su ganancia o pérdida de capital en cualquier enajenación que realice luego con ese bien es una ganancia o pérdida de capital a largo plazo. File an extension on my taxes Esto es así independientemente de cuánto tiempo usted tuvo el bien como su propiedad. File an extension on my taxes Sin embargo, si usted heredó los bienes de alguien que falleció en el 2010, vea la información que aparece a continuación. File an extension on my taxes Bienes heredados de una persona que falleció en el año 2010. File an extension on my taxes   Si hereda bienes de inversión de un difunto que falleció en el año 2010, y el albacea del patrimonio del difunto optó por presentar el Formulario 8939, consulte la información provista por el albacea o vea la Publicación 4895, Tax Treatment of Property Acquired From a Decedent Dying in 2010 (Trato tributario de bienes adquiridos de un difunto que falleció en 2010), en inglés, para determinar su período de tenencia. File an extension on my taxes Bienes raíces comprados. File an extension on my taxes   Para calcular el tiempo que tuvo bienes raíces comprados conforme a un contrato incondicional, empiece a contar el día después de la fecha en que recibió el título de los bienes o la fecha después de la que tomó posesión de los bienes y asumió las obligaciones y privilegios de propietario, lo que sucediera primero. File an extension on my taxes Sin embargo, aceptar la entrega o tomar posesión de bienes raíces conforme a un contrato de opción no es suficiente para comenzar el período de tenencia. File an extension on my taxes El período de tenencia no puede comenzar hasta que haya un contrato de venta real. File an extension on my taxes El período de tenencia del vendedor no puede terminar antes de esa fecha. File an extension on my taxes Si recupera la posesión de bienes raíces. File an extension on my taxes   Si vende bienes raíces pero retiene un derecho prendario a los mismos, y más adelante recupera la posesión de dichos bienes raíces según los términos del contrato de venta, el período de tenencia correspondiente a una venta posterior abarca el período durante el cual fue dueño de los bienes raíces antes de la primera venta y el período después de que haya recuperado la posesión de los mismos. File an extension on my taxes El período de tenencia no incluye el período entre la primera venta y la recuperación de la posesión de los bienes raíces. File an extension on my taxes Es decir, no incluye el período durante el cual el primer comprador fue dueño de dichos bienes raíces. File an extension on my taxes Dividendos de acciones. File an extension on my taxes   El período de tenencia de las acciones que usted recibió como dividendo de acciones sujeto a impuestos comienza en la fecha de distribución. File an extension on my taxes   El período de tenencia de acciones nuevas que recibió como dividendo de acciones no sujeto a impuestos comienza el mismo día que el período de tenencia de las antiguas acciones. File an extension on my taxes Esta regla también se aplica a acciones adquiridas en una “escisión”, lo cual es una distribución de acciones o valores en una sociedad anónima controlada. File an extension on my taxes Derechos de suscripción no sujetos a impuestos. File an extension on my taxes   El período de tenencia de derechos de suscripción no sujetos a impuestos comienza el mismo día que el período de tenencia de las acciones precedentes. File an extension on my taxes El período de tenencia de acciones adquiridas a través del ejercicio de derechos de suscripción comienza en la fecha en que se ejerció el derecho. File an extension on my taxes Deudas Incobrables no Empresariales Si alguien le debe dinero que usted no puede cobrar, entonces tiene una deuda incobrable. File an extension on my taxes Tal vez pueda deducir la cantidad adeudada cuando calcule su impuesto para el año en que la deuda pierda todo su valor. File an extension on my taxes Normalmente, las deudas incobrables no empresariales son deudas incobrables que no obtuvo en el transcurso de la operación de su ocupación o negocio, y son deducibles como pérdidas de capital a corto plazo. File an extension on my taxes Para que las deudas incobrables no comerciales sean deducibles, tienen que perder totalmente su valor. File an extension on my taxes No puede deducir una deuda no comercial que ha perdido sólo parte de su valor. File an extension on my taxes Requisito de deuda genuina. File an extension on my taxes   Una deuda tiene que ser genuina para que pueda deducir la pérdida. File an extension on my taxes Una deuda es genuina si surge de una relación deudor−acreedor que se basa en una obligación válida y ejecutable de reembolsar una suma de dinero fija o determinable. File an extension on my taxes Requisito de base en la deuda incobrable. File an extension on my taxes    Para deducir una deuda incobrable, tiene que tener una base en la misma, es decir, tiene que haber incluido previamente la cantidad en sus ingresos o haber prestado su efectivo. File an extension on my taxes Por ejemplo, no puede declarar una deducción por deuda incobrable por una pensión por orden judicial para hijos menores que su ex cónyuge no haya pagado. File an extension on my taxes Si es contribuyente con base de método a base de efectivo (como la mayoría de las personas físicas), normalmente no puede declarar una deducción por deuda incobrable por sueldos, salarios, alquileres, honorarios, intereses, dividendos y conceptos similares no pagados. File an extension on my taxes Cuándo son deducibles las deudas incobrables. File an extension on my taxes   Puede tomar una deducción por deuda incobrable sólo en el año en que la deuda pierde su valor. File an extension on my taxes No tiene que esperar el vencimiento de una deuda para saber si ha perdido su valor. File an extension on my taxes Una deuda pierde su valor cuando ya no cabe la posibilidad de que se pague la cantidad adeudada. File an extension on my taxes   No es necesario llevar el asunto ante los tribunales si puede demostrar que la deuda sería incobrable a pesar de una sentencia de compensación monetaria dictada por un tribunal. File an extension on my taxes Sólo tiene que demostrar que ha tomado medidas razonables para cobrar la deuda. File an extension on my taxes En la mayoría de los casos, la quiebra del deudor demuestra suf