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

1. Get Answers

Your online questions are customized to your unique tax situation.

2. Maximize your Refund

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

3. E-File for FREE

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

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

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

File Tax Return For 2012

Irs Gov 1040ez InstructionsEz 1040Form 1040nrState Tax Return FormOnline Tax SoftwareFree State Tax EfilingTaxes LateMilitary Tax Deductions 2011Turbotax Military Free FileCan I Amend My Tax ReturnState Tax FormWhere Can I File My 2011 Taxes OnlineTurbotax Military FreeFiling Taxes Previous YearsFree H&r Block Tax SoftwareHow To File Taxes For Self Employment IncomeI Didn T File 2011 TaxesAmend 2011 Taxes2013 Income Tax Forms 1040ezFile 2010 Tax Return LateState Return Tax Form 2013Free Irs2009 Turbotax DownloadFree State Tax Forms1040ez 2013 Tax FormIrs Easy FormTurbotax 2010 OnlineForm 1040ez 2011Tax Cut 2011 SoftwareAmend A Tax Return OnlineState Tax Forms Need FillHrblockfreetaxAmended Michigan Tax ReturnFile Back Tax Returns OnlineForm 1040x More:label_form_201040x More:taxesWhere Do I File 2011 TaxesNew Folder1040x Online FormFile 1040x Online Amended Return1040x How To

File Tax Return For 2012

File tax return for 2012 4. File tax return for 2012   Deductions Table of Contents Standard DeductionStandard Deduction for Dependents Itemized DeductionsMedical and Dental Expenses Most taxpayers have a choice of taking a standard deduction or itemizing their deductions. File tax return for 2012 You benefit from the standard deduction if your standard deduction is more than the total of your allowable itemized deductions. File tax return for 2012 If you have a choice, you should use the method that gives you the lower tax. File tax return for 2012 Standard Deduction The standard deduction amount depends on your filing status, whether you are 65 or older or blind, and whether an exemption can be claimed for you by another taxpayer. File tax return for 2012 Generally, the standard deduction amounts are adjusted each year for inflation. File tax return for 2012 In most cases, you can use Worksheet 4-1 to figure your standard deduction amount. File tax return for 2012 Persons not eligible for the standard deduction. File tax return for 2012   Your standard deduction is zero and you should itemize any deductions you have if: You are married and filing a separate return, and your spouse itemizes deductions, You are filing a tax return for a short tax year because of a change in your annual accounting period, or You are a nonresident or dual-status alien during the year. File tax return for 2012 You are considered a dual-status alien if you were both a nonresident alien and a resident alien during the year. File tax return for 2012   If you are a nonresident alien who is married to a U. File tax return for 2012 S. File tax return for 2012 citizen or resident alien at the end of the year, you can choose to be treated as a U. File tax return for 2012 S. File tax return for 2012 resident. File tax return for 2012 See Publication 519, U. File tax return for 2012 S. File tax return for 2012 Tax Guide for Aliens. File tax return for 2012 If you make this choice, you can take the standard deduction. File tax return for 2012 Decedent's final return. File tax return for 2012   The amount of the standard deduction for a decedent's final tax return is the same as it would have been had the decedent continued to live. File tax return for 2012 However, if the decedent was not 65 or older at the time of death, the higher standard deduction for age cannot be claimed. File tax return for 2012 Higher standard deduction for age (65 or older). File tax return for 2012   If you do not itemize deductions, you are entitled to a higher standard deduction if you are age 65 or older at the end of the year. File tax return for 2012 You are considered age 65 on the day before your 65th birthday. File tax return for 2012 Therefore, you can take a higher standard deduction for 2013 if you were born before January 2, 1949. File tax return for 2012 Higher standard deduction for blindness. File tax return for 2012   If you are blind on the last day of the year and you do not itemize deductions, you are entitled to a higher standard deduction. File tax return for 2012 You qualify for this benefit if you are totally or partly blind. File tax return for 2012 Not totally blind. File tax return for 2012   If you are not totally blind, you must get a certified statement from an eye doctor (ophthalmologist or optometrist) that: You cannot see better than 20/200 in the better eye with glasses or contact lenses, or Your field of vision is not more than 20 degrees. File tax return for 2012   If your eye condition will never improve beyond these limits, the statement should include this fact. File tax return for 2012 You must keep the statement in your records. File tax return for 2012   If your vision can be corrected beyond these limits only by contact lenses that you can wear only briefly because of pain, infection, or ulcers, you can take the higher standard deduction for blindness if you otherwise qualify. File tax return for 2012 Spouse 65 or older or blind. File tax return for 2012   You can take the higher standard deduction if your spouse is age 65 or older or blind and: You file a joint return, or You file a separate return and can claim an exemption for your spouse because your spouse had no gross income and an exemption for your spouse could not be claimed by another taxpayer. File tax return for 2012    You cannot claim the higher standard deduction for an individual other than yourself and your spouse. File tax return for 2012 Example. File tax return for 2012 This example illustrates how to determine your standard deduction using Worksheet 4-1. File tax return for 2012 Bill and Lisa are filing a joint return for 2013. File tax return for 2012 Both are over age 65. File tax return for 2012 Neither is blind, and neither can be claimed as a dependent. File tax return for 2012 They do not itemize deductions, so they use Worksheet 4-1. File tax return for 2012 Because they are married filing jointly, they enter $12,200 on line 1. File tax return for 2012 They check the “No” box on line 2, so they also enter $12,200 on line 4. File tax return for 2012 Because they are both over age 65, they enter $2,400 ($1,200 × 2) on line 5. File tax return for 2012 They enter $14,600 ($12,200 + $2,400) on line 6, so their standard deduction is $14,600. File tax return for 2012 Standard Deduction for Dependents The standard deduction for an individual for whom an exemption can be claimed on another person's tax return is generally limited to the greater of: $1,000, or The individual's earned income for the year plus $350 (but not more than the regular standard deduction amount, generally $6,100). File tax return for 2012 However, the standard deduction may be higher if the individual is 65 or older or blind. File tax return for 2012 If an exemption for you (or your spouse if you are filing jointly) can be claimed on someone else's return, use Worksheet 4-1, if applicable, to determine your standard deduction. File tax return for 2012 Worksheet 4-1. File tax return for 2012 2013 Standard Deduction Worksheet Caution. File tax return for 2012 If you are married filing separately and your spouse itemizes deductions, or if you are a dual-status alien, do not complete this worksheet. File tax return for 2012 If you were born before January 2, 1949, and/or blind, check the correct number of boxes below. File tax return for 2012 Put the total number of boxes checked in box c and go to line 1. File tax return for 2012 a. File tax return for 2012 You   Born before  January 2, 1949     Blind b. File tax return for 2012 Your spouse, if claiming  spouse's exemption   Born before January 2, 1949     Blind c. File tax return for 2012 Total boxes checked             1. File tax return for 2012 Enter the amount shown below for your filing status. File tax return for 2012               Single or married filing separately — $6,100 Married filing jointly or Qualifying widow(er) — $12,200 Head of household — $8,950   1. File tax return for 2012           2. File tax return for 2012 Can you (or your spouse if filing jointly) be claimed as a dependent on someone else's return?  No. File tax return for 2012 Skip line 3; enter the amount from line 1 on line 4. File tax return for 2012   Yes. File tax return for 2012 Go to line 3. File tax return for 2012         3. File tax return for 2012 Is your earned income* more than $650?               Yes. File tax return for 2012 Add $350 to your earned income. File tax return for 2012 Enter the total   3. File tax return for 2012         No. File tax return for 2012 Enter $1,000 4. File tax return for 2012 Enter the smaller of line 1 or line 3 4. File tax return for 2012   5. File tax return for 2012 If born before January 2, 1949, or blind, multiply the number in box c by $1,200 ($1,500 if single or head of household). File tax return for 2012 Enter the result here. File tax return for 2012 Otherwise, enter -0- 5. File tax return for 2012   6. File tax return for 2012 Add lines 4 and 5. File tax return for 2012 This is your standard deduction for 2013. File tax return for 2012 6. File tax return for 2012   * Earned income includes wages, salaries, tips, professional fees, and other compensation received for personal services you performed. File tax return for 2012 It also includes any amount received as a scholarship that you must include in your income. File tax return for 2012 Generally, your earned income is the total of the amount(s) you reported on Form 1040, lines 7, 12, and 18, minus the amount, if any, on line 27 (or the amount you reported on Form 1040A, line 7). File tax return for 2012 Itemized Deductions Some individuals should itemize their deductions because it will save them money. File tax return for 2012 Others should itemize because they do not qualify for the standard deduction. File tax return for 2012 See the discussion under Standard Deduction , earlier, to decide if it would be to your advantage to itemize deductions. File tax return for 2012 You may be subject to a limit on some of your itemized deductions if your adjusted gross income is more than $150,000. File tax return for 2012 For more information, see Overall limitation, later. File tax return for 2012 Medical and dental expenses, some taxes, certain interest expenses, charitable contributions, casualty and theft losses, and certain other miscellaneous expenses may be itemized as deductions on Schedule A (Form 1040). File tax return for 2012 You may benefit from itemizing your deductions on Schedule A (Form 1040) if you: Cannot take the standard deduction, Had uninsured medical or dental expenses that are more than 10% of your adjusted gross income (or more than 7. File tax return for 2012 5% of your adjusted gross income if either you or your spouse is age 65 or older), Paid interest on your home, Paid real estate or personal property taxes, Paid mortgage insurance premiums, Paid state and local income or general sales taxes, Had large unreimbursed employee business expenses or other miscellaneous deductions, Had large uninsured casualty or theft losses, Made large contributions to qualified charities (see Publication 526, Charitable Contributions), or Have total itemized deductions that are more than the standard deduction that applies to you. File tax return for 2012 See the Schedule A (Form 1040) instructions for more information. File tax return for 2012 Overall limitation. File tax return for 2012   You may not be able to deduct all of your itemized deductions if your adjusted gross income is more than: $150,000, if married filing separately, $250,000, if single, $275,000, if head of household, or $300,000, if married filing jointly or qualifying widow(er). File tax return for 2012  If your adjusted gross income exceeds the applicable amount, you will use the Itemized Deductions Worksheet in the Instructions for Schedule A (Form 1040) to figure your total itemized deductions. File tax return for 2012 Medical and Dental Expenses You can deduct certain medical and dental expenses you paid for yourself, your spouse, and your dependent(s) if you itemize your deductions on Schedule A (Form 1040). File tax return for 2012 Table 4-1 shows some common items that you can or cannot include in figuring your medical expense deduction. File tax return for 2012 For more information, see the following discussions of selected items, which are presented in alphabetical order. File tax return for 2012 A more extensive list of items and further details can be found in Publication 502, Medical and Dental Expenses. File tax return for 2012 Table 4-1. File tax return for 2012 Medical and Dental Expenses Checklist You can include: You cannot include: Bandages Capital expenses for equipment or improvements to your home needed for medical care (see Publication 502) Certain weight-loss expenses for obesity Diagnostic devices Expenses of an organ donor Eye surgery—to promote the correct function of the eye Guide dogs or other animals aiding the blind, deaf, and disabled Hospital services fees (lab work, therapy, nursing services, surgery, etc. File tax return for 2012 ) Lead-based paint removal (see Publication 502) Long-term care contracts, qualified (see Publication 502) Meals and lodging provided by a hospital during medical treatment Medical and hospital insurance premiums Medical services fees (from doctors, dentists, surgeons, specialists, and other medical practitioners) Medicare Part D premiums Oxygen equipment and oxygen Part of life-care fee paid to retirement home designated for medical care Prescription medicines (prescribed by a doctor) and insulin Psychiatric and psychological treatment Social security tax, Medicare tax, FUTA, and state employment tax for worker providing medical care (see Publication 502) Special items (artificial limbs, false teeth, eyeglasses, contact lenses, hearing aids, crutches, wheelchair, etc. File tax return for 2012 ) Special education for mentally or physically disabled persons (see Publication 502) Stop-smoking programs Transportation for needed medical care Treatment at a drug or alcohol center (includes meals and lodging provided by the center) Wages for nursing services (see Publication 502) Contributions to Archer MSAs (see Publication 969) Bottled water Diaper service Expenses for your general health (even if following your doctor's advice) such as: —Health club dues —Household help (even if recommended by a doctor) —Social activities, such as dancing or swimming lessons —Trip for general health improvement Flexible spending account reimbursements for medical expenses (if contributions were on a pretax basis) (see Publication 502) Funeral, burial, or cremation expenses Health savings account payments for medical expenses (see Publication 502) Illegal operation or treatment Life insurance or income protection policies, or policies providing payment for loss of life, limb, sight, etc. File tax return for 2012 Medical insurance included in a car insurance policy covering all persons injured in or by your car Medicine you buy without a prescription Nursing care for a healthy baby Prescription drugs you brought in (or ordered shipped) from another country, in most cases (see Publication 502) Surgery for purely cosmetic reasons (see Publication 502) Toothpaste, toiletries, cosmetics, etc. File tax return for 2012 Teeth whitening Weight-loss expenses not for the treatment of obesity or other disease You can deduct only the amount of your medical and dental expenses that is more than 10% of your adjusted gross income (or that is more than 7. File tax return for 2012 5% of your adjusted gross income if you or your spouse is age 65 or older). File tax return for 2012 What to include. File tax return for 2012   Generally, you can include only the medical and dental expenses you paid this year, regardless of when the services were provided. File tax return for 2012 If you pay medical expenses by check, the day you mail or deliver the check generally is the date of payment. File tax return for 2012 If you use a pay-by-phone or online account to pay your medical expenses, the date reported on the statement of the financial institution showing when payment was made is the date of payment. File tax return for 2012 You can include medical expenses you charge to your credit card in the year the charge is made. File tax return for 2012 It does not matter when you actually pay the amount charged. File tax return for 2012 Home Improvements You can include in medical expenses amounts you pay for home improvements if their main purpose is medical care for you, your spouse, or your dependent. File tax return for 2012 Only reasonable costs to accommodate a home to your disabled condition (or that of your spouse or your dependent(s) who live with you) are considered medical care. File tax return for 2012 Additional costs for personal motives, such as for architectural or aesthetic reasons, are not medical expenses. File tax return for 2012 Publication 502 contains additional information and examples, including a capital expense worksheet, to assist you in figuring the amount of the capital expense that you can include in your medical expenses. File tax return for 2012 Also, see Publication 502 for information about deductible operating and upkeep expenses related to such capital expense items, and for information about improvements, for medical reasons, to property rented by a person with disabilities. File tax return for 2012 Household Help You cannot include in medical expenses the cost of household help, even if such help is recommended by a doctor. File tax return for 2012 This is a personal expense that is not deductible. File tax return for 2012 However, you may be able to include certain expenses paid to a person providing nursing-type services. File tax return for 2012 For more information, see Nursing Services , later. File tax return for 2012 Also, certain maintenance or personal care services provided for qualified long-term care can be included in medical expenses. File tax return for 2012 For more information, see Qualified long-term care services under Long-Term Care, later. File tax return for 2012 Hospital Services You can include in medical expenses amounts you pay for the cost of inpatient care at a hospital or similar institution if a principal reason for being there is to receive medical care. File tax return for 2012 This includes amounts paid for meals and lodging. File tax return for 2012 Also, see Meals and Lodging , later. File tax return for 2012 Long-Term Care You can include in medical expenses amounts paid for qualified long-term care services and premiums paid for qualified long-term care insurance contracts. File tax return for 2012 Qualified long-term care services. File tax return for 2012   Qualified long-term care services are necessary diagnostic, preventive, therapeutic, curing, treating, mitigating, rehabilitative services, and maintenance and personal care services (defined later) that are: Required by a chronically ill individual, and Provided under a plan of care prescribed by a licensed health care practitioner. File tax return for 2012 Chronically ill individual. File tax return for 2012    An individual is chronically ill if, within the previous 12 months, a licensed health care practitioner has certified that the individual meets either of the following descriptions. File tax return for 2012 He or she is unable to perform at least two activities of daily living without substantial assistance from another individual for at least 90 days, due to a loss of functional capacity. File tax return for 2012 Activities of daily living are eating, toileting, transferring, bathing, dressing, and continence. File tax return for 2012 He or she requires substantial supervision to be protected from threats to health and safety due to severe cognitive impairment. File tax return for 2012 Maintenance and personal care services. File tax return for 2012    Maintenance or personal care services is care which has as its primary purpose the providing of a chronically ill individual with needed assistance with his or her disabilities (including protection from threats to health and safety due to severe cognitive impairment). File tax return for 2012 Qualified long-term care insurance contracts. File tax return for 2012   A qualified long-term care insurance contract is an insurance contract that provides only coverage of qualified long-term care services. File tax return for 2012 The contract must: Be guaranteed renewable, Not provide for a cash surrender value or other money that can be paid, assigned, pledged, or borrowed, Provide that refunds, other than refunds on the death of the insured or complete surrender or cancellation of the contract, and dividends under the contract must be used only to reduce future premiums or increase future benefits, and Generally not pay or reimburse expenses incurred for services or items that would be reimbursed under Medicare, except where Medicare is a secondary payer, or the contract makes per diem or other periodic payments without regard to expenses. File tax return for 2012   The amount of qualified long-term care premiums you can include is limited. File tax return for 2012 You can include the following as medical expenses on Schedule A (Form 1040). File tax return for 2012 Qualified long-term care premiums up to the following amounts. File tax return for 2012 Age 40 or under – $360. File tax return for 2012 Age 41 to 50 – $680. File tax return for 2012 Age 51 to 60 – $1,360. File tax return for 2012 Age 61 to 70 – $3,640. File tax return for 2012 Age 71 or over – $4,550. File tax return for 2012 Unreimbursed expenses for qualified long-term care services. File tax return for 2012 Note. File tax return for 2012 The limit on premiums is for each person. File tax return for 2012 Meals and Lodging You can include in medical expenses the cost of meals and lodging at a hospital or similar institution if your main reason for being there is to receive medical care. File tax return for 2012 You may be able to include in medical expenses the cost of lodging (but not meals) not provided in a hospital or similar institution. File tax return for 2012 You can include the cost of such lodging while away from home if all of the following requirements are met. File tax return for 2012 The lodging is primarily for, and essential to, medical care. File tax return for 2012 The medical care is provided by a doctor in a licensed hospital or in a medical care facility related to, or the equivalent of, a licensed hospital. File tax return for 2012 The lodging is not lavish or extravagant under the circumstances. File tax return for 2012 There is no significant element of personal pleasure, recreation, or vacation in the travel away from home. File tax return for 2012 The amount you include in medical expenses for lodging cannot be more than $50 per night for each person. File tax return for 2012 You can include lodging for a person traveling with the person receiving the medical care. File tax return for 2012 For example, if a parent is traveling with a sick child, up to $100 per night can be included as a medical expense for lodging. File tax return for 2012 (Meals are not included. File tax return for 2012 ) Nursing home. File tax return for 2012   You can include in medical expenses the cost of medical care in a nursing home or a home for the aged for yourself, your spouse, or your dependent(s). File tax return for 2012 This includes the cost of meals and lodging in the home if a main reason for being there is to get medical care. File tax return for 2012   Do not include the cost of meals and lodging if the reason for being in the home is personal. File tax return for 2012 However, you can include in medical expenses the part of the cost that is for medical or nursing care. File tax return for 2012 Medical Insurance Premiums You can include in medical expenses insurance premiums you pay for policies that cover medical care. File tax return for 2012 Policies can provide payment for: Hospitalization, surgical fees, X-rays, Prescription drugs and insulin, Dental care, Replacement of lost or damaged contact lenses, and Qualified long-term care insurance contracts (subject to the additional limits included in the discussion on qualified long-term care insurance contracts under Long-Term Care , earlier). File tax return for 2012 If you have a policy that provides payments for other than medical care, you can include the premiums for the medical care part of the policy if the charge for the medical part is reasonable. File tax return for 2012 The cost of the medical portion must be separately stated in the insurance contract or given to you in a separate statement. File tax return for 2012 Medicare Part A. File tax return for 2012   If you are covered under social security (or if you are a government employee who paid Medicare tax), you are enrolled in Medicare Part A. File tax return for 2012 The payroll tax paid for Medicare Part A is not a medical expense. File tax return for 2012 If you are not covered under social security (or were not a government employee who paid Medicare tax), you can enroll voluntarily in Medicare Part A. File tax return for 2012 In this situation you can include the premiums you paid for Medicare Part A as a medical expense. File tax return for 2012 Medicare Part B. File tax return for 2012   Medicare Part B is a supplemental medical insurance. File tax return for 2012 Premiums you pay for Medicare Part B are a medical expense. File tax return for 2012 If you applied for it at age 65 or after you became disabled, you can include in medical expenses the monthly premiums you paid. File tax return for 2012 If you were over age 65 or disabled when you first enrolled, check with your local Social Security Administration office, or go to their website at www. File tax return for 2012 SSA. File tax return for 2012 gov, to find out your premium. File tax return for 2012 Medicare Part D. File tax return for 2012   Medicare Part D is a voluntary prescription drug insurance program for persons with Medicare Part A or Part B. File tax return for 2012 You can include as a medical expense premiums you pay for Medicare Part D. File tax return for 2012 Prepaid insurance premiums. File tax return for 2012   Insurance premiums you pay before you are age 65 for medical care for yourself, your spouse, or your dependents after you reach age 65 are medical care expenses in the year paid if they are: Payable in equal yearly installments, or more often, and Payable for at least 10 years, or until you reach age 65 (but not for less than 5 years). File tax return for 2012 Medicines You can include in medical expenses amounts you pay for prescribed medicines and drugs. File tax return for 2012 A prescribed drug is one that requires a prescription by a doctor for its use by an individual. File tax return for 2012 You can also include amounts you pay for insulin. File tax return for 2012 Except for insulin, you cannot include in medical expenses amounts you pay for a drug that is not prescribed. File tax return for 2012 Imported medicines and drugs. File tax return for 2012   If you import medicines or drugs from other countries, see Medicines and Drugs From Other Countries, under What Expenses Are Not Includible, in Publication 502. File tax return for 2012 Nursing Services You can include in medical expenses wages and other amounts you pay for nursing services. File tax return for 2012 The services need not be performed by a nurse as long as the services are of a kind generally performed by a nurse. File tax return for 2012 This includes services connected with caring for the patient's condition, such as giving medication or changing dressings, as well as bathing and grooming the patient. File tax return for 2012 These services can be provided in your home or another care facility. File tax return for 2012 Generally, only the amount spent for nursing services is a medical expense. File tax return for 2012 If the attendant also provides personal and household services, amounts paid to the attendant must be divided between the time spent performing household and personal services and the time spent for nursing services. File tax return for 2012 However, certain maintenance or personal care services provided for qualified long-term care can be included in medical expenses. File tax return for 2012 See Maintenance and personal care services under Qualified long-term care services, earlier. File tax return for 2012 Additionally, certain expenses for household services or for the care of a qualifying individual incurred to allow you to work may qualify for the child and dependent care credit. File tax return for 2012 See Child and Dependent Care Credit , later, and Publication 503, Child and Dependent Care Expenses. File tax return for 2012 You can also include in medical expenses part of the amount you pay for that attendant's meals. File tax return for 2012 Divide the food expense among the household members to find the cost of the attendant's food. File tax return for 2012 Then divide that cost in the same manner as in the preceding paragraph. File tax return for 2012 If you had to pay additional amounts for household upkeep because of the attendant, you can include the extra amounts with your medical expenses. File tax return for 2012 This includes extra rent or utilities you pay because you moved to a larger apartment to provide space for the attendant. File tax return for 2012 Employment taxes. File tax return for 2012   You can include as a medical expense social security tax, FUTA, Medicare tax, and state employment taxes you pay for a nurse, attendant, or other person who provides medical care. File tax return for 2012 If the attendant also provides personal and household services, you can include as a medical expense only the amount of employment taxes paid for medical services as explained earlier under Nursing Services. File tax return for 2012 For information on employment tax responsibilities of household employers, see Publication 926, Household Employer's Tax Guide. File tax return for 2012 Transportation You can include in medical expenses amounts paid for transportation primarily for, and essential to, medical care. File tax return for 2012 Car expenses. File tax return for 2012    You can include out-of-pocket expenses, such as the cost of gas and oil, when you use a car for medical reasons. File tax return for 2012 You cannot include depreciation, insurance, general repair, or maintenance expenses. File tax return for 2012   If you do not want to use your actual expenses for 2013, you can use the standard medical mileage rate of 24 cents a mile. File tax return for 2012   You can also include parking fees and tolls. File tax return for 2012 You can add these fees and tolls to your medical expenses whether you use actual expenses or use the standard mileage rate. File tax return for 2012 You can also include:    Bus, taxi, train, or plane fares or ambulance service, and Transportation expenses of a nurse or other person who can give injections, medications, or other treatment required by a patient who is traveling to get medical care and is unable to travel alone. File tax return for 2012 Do not include transportation expenses if, for purely personal reasons, you choose to travel to another city for an operation or other medical care prescribed by your doctor. File tax return for 2012 Prev  Up  Next   Home   More Online Publications
Español

A-Z Index of Consumer Organizations

  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • X-Z

The File Tax Return For 2012

File tax return for 2012 3. File tax return for 2012   Limit on Annual Additions Table of Contents Ministers and church employees. File tax return for 2012 Includible Compensation for Your Most Recent Year of ServiceMost Recent Year of Service Includible Compensation The first component of MAC is the limit on annual additions. File tax return for 2012 This is a limit on the total contributions (elective deferrals, nonelective contributions, and after-tax contributions) that can be made to your 403(b) account. File tax return for 2012 The limit on annual additions generally is the lesser of: $51,000 for 2013 and $52,000 for 2014, or 100% of your includible compensation for your most recent year of service. File tax return for 2012 More than one 403(b) account. File tax return for 2012 If you contributed to more than one 403(b) account, you must combine the contributions made to all 403(b) accounts on your behalf by your employer. File tax return for 2012 Ministers and church employees. File tax return for 2012   If you are a minister or a church employee, you may be able to increase your limit on annual additions or use different rules when figuring your limit on annual additions. File tax return for 2012 For more information, see chapter 5. File tax return for 2012 Participation in a qualified plan. File tax return for 2012 If you participated in a 403(b) plan and a qualified plan, you must combine contributions made to your 403(b) account with contributions to a qualified plan and simplified employee pensions of all corporations, partnerships, and sole proprietorships in which you have more than 50% control. File tax return for 2012 You can use Part I of Worksheet 1 in chapter 9 to figure your limit on annual additions. File tax return for 2012 Includible Compensation for Your Most Recent Year of Service Definition. File tax return for 2012   Generally, includible compensation for your most recent year of service is the amount of taxable wages and benefits you received from the employer that maintained a 403(b) account for your benefit during your most recent year of service. File tax return for 2012 When figuring your includible compensation for your most recent year of service, keep in mind that your most recent year of service may not be the same as your employer's most recent annual work period. File tax return for 2012 This can happen if your tax year is not the same as your employer's annual work period. File tax return for 2012 When figuring includible compensation for your most recent year of service, do not mix compensation or service of one employer with compensation or service of another employer. File tax return for 2012 Most Recent Year of Service Your most recent year of service is your last full year of service, ending on the last day of your tax year that you worked for the employer that maintained a 403(b) account on your behalf. File tax return for 2012 Tax year different from employer's annual work period. File tax return for 2012   If your tax year is not the same as your employer's annual work period, your most recent year of service is made up of parts of at least two of your employer's annual work periods. File tax return for 2012 Example. File tax return for 2012 A professor who reports her income on a calendar-year basis is employed on a full-time basis by a university that operates on an academic year (October through May). File tax return for 2012 To figure her includible compensation for 2013, the professor's most recent year of service is her service from January through May 2013 and from October through December 2013. File tax return for 2012 Figuring Your Most Recent Year of Service To figure your most recent year of service, begin by determining what is a full year of service for your position. File tax return for 2012 A full year of service is equal to full-time employment for your employer's annual work period. File tax return for 2012 After identifying a full year of service, begin counting the service you have provided for your employer starting with the service provided in the current year. File tax return for 2012 Part-time or employed only part of the year. File tax return for 2012   If you are a part-time or a full-time employee who is employed for only part of the year, your most recent year of service is your service this year and your service for as many previous years as is necessary to total 1 full year of service. File tax return for 2012 To determine your most recent year of service, add the following periods of service: Your service during the year for which you are figuring the limit on annual additions, and Your service during your preceding tax years until the total service equals 1 year of service or you have figured all of your service with the employer. File tax return for 2012 Example. File tax return for 2012 You were employed on a full-time basis from July through December 2011 (1/2 year of service), July through December 2012 (1/2 year of service), and October through December 2013 (1/4 year of service). File tax return for 2012 Your most recent year of service for computing your limit on annual additions for 2013 is the total of your service during 2013 (1/4 year of service), your service during 2012 (1/2 year of service), and your service during the months October through December 2011 (1/4 year of service). File tax return for 2012 Not yet employed for 1 year. File tax return for 2012   If, at the close of the year, you have not yet worked for your employer for 1 year (including time you worked for the same employer in all earlier years), use the period of time you have worked for the employer as your most recent year of service. File tax return for 2012 Includible Compensation After identifying your most recent year of service, the next step is to identify the includible compensation associated with that full year of service. File tax return for 2012 Includible compensation is not the same as income included on your tax return. File tax return for 2012 Compensation is a combination of income and benefits received in exchange for services provided to your employer. File tax return for 2012 Generally, includible compensation is the amount of income and benefits: Received from the employer who maintains your 403(b) account, and Must be included in your income. File tax return for 2012 Includible compensation includes the following amounts. File tax return for 2012 Elective deferrals (employer's contributions made on your behalf under a salary reduction agreement). File tax return for 2012 Amounts contributed or deferred by your employer under a section 125 cafeteria plan. File tax return for 2012 Amounts contributed or deferred, at the election of the employee, under an eligible section 457 nonqualified deferred compensation plan (state or local government or tax-exempt organization plan). File tax return for 2012  Note. File tax return for 2012 For information about treating elective deferrals under section 457 plans as Roth contributions, see Publication 575. File tax return for 2012 Wages, salaries, and fees for personal services earned with the employer maintaining your 403(b) account. File tax return for 2012 Income otherwise excluded under the foreign earned income exclusion. File tax return for 2012 Pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan. File tax return for 2012 Includible compensation does not include the following items. File tax return for 2012 Your employer's contributions to your 403(b) account. File tax return for 2012 Compensation earned while your employer was not an eligible employer. File tax return for 2012 Your employer's contributions to a qualified plan that: Are on your behalf, and Are excludable from income. File tax return for 2012 The cost of incidental life insurance. File tax return for 2012 See Cost of Incidental Life Insurance, later. File tax return for 2012 If you are a church employee or a foreign missionary, figure includible compensation using the rules explained in chapter 5. File tax return for 2012 Contributions after retirement. File tax return for 2012   Nonelective contributions may be made for an employee for up to 5 years after retirement. File tax return for 2012 These contributions would be based on includible compensation for the last year of service before retirement. File tax return for 2012 Cost of Incidental Life Insurance Includible compensation does not include the cost of incidental life insurance. File tax return for 2012 If all of your 403(b) accounts invest only in mutual funds, then you have no incidental life insurance. File tax return for 2012 If you have an annuity contract, a portion of the cost of that contract may be for incidental life insurance. File tax return for 2012 If so, the cost of the insurance is taxable to you in the year contributed and is considered part of your basis when distributed. File tax return for 2012 Your employer will include the cost of your insurance as taxable wages in box 1 of Form W-2. File tax return for 2012 Not all annuity contracts include life insurance. File tax return for 2012 Contact your plan administrator to determine if your contract includes incidental life insurance. File tax return for 2012 If it does, you will need to figure the cost of life insurance each year the policy is in effect. File tax return for 2012 Figuring the cost of incidental life insurance. File tax return for 2012 If you have determined that part of the cost of your annuity contract is for an incidental life insurance premium, you will need to determine the amount of the premium and subtract it from your includible compensation. File tax return for 2012 To determine the amount of the life insurance premiums, you will need to know the following information. File tax return for 2012 The value of your life insurance contract, which is the amount payable upon your death. File tax return for 2012 The cash value of your life insurance contract at the end of the tax year. File tax return for 2012 Your age on your birthday nearest the beginning of the policy year. File tax return for 2012 Your current life insurance protection under an ordinary retirement income life insurance policy, which is the amount payable upon your death minus the cash value of the contract at the end of the year. File tax return for 2012 You can use Worksheet A, in chapter 9, to determine the cost of your incidental life insurance. File tax return for 2012 Example. File tax return for 2012 Your new contract provides that your beneficiary will receive $10,000 if you should die before retirement. File tax return for 2012 Your cash value in the contract at the end of the first year is zero. File tax return for 2012 Your current life insurance protection for the first year is $10,000 ($10,000 − 0). File tax return for 2012 The cash value in the contract at the end of year two is $1,000, and the current life insurance protection for the second year is $9,000 ($10,000 – $1,000). File tax return for 2012 The 1-year cost of the protection can be calculated by using Figure 3-1, Table of One-Year Term Premiums for $1,000 Life Insurance Protection . File tax return for 2012 The premium rate is determined based on your age on your birthday nearest the beginning of the policy year. File tax return for 2012 Figure 3-1. File tax return for 2012 Table of One-Year Term Premiums for $1,000 Life Insurance Protection Age Cost   Age Cost   Age Cost 0 $0. File tax return for 2012 70   35 $0. File tax return for 2012 99   70 $20. File tax return for 2012 62 1 0. File tax return for 2012 41   36 1. File tax return for 2012 01   71 22. File tax return for 2012 72 2 0. File tax return for 2012 27   37 1. File tax return for 2012 04   72 25. File tax return for 2012 07 3 0. File tax return for 2012 19   38 1. File tax return for 2012 06   73 27. File tax return for 2012 57 4 0. File tax return for 2012 13   39 1. File tax return for 2012 07   74 30. File tax return for 2012 18 5 0. File tax return for 2012 13   40 1. File tax return for 2012 10   75 33. File tax return for 2012 05 6 0. File tax return for 2012 14   41 1. File tax return for 2012 13   76 36. File tax return for 2012 33 7 0. File tax return for 2012 15   42 1. File tax return for 2012 20   77 40. File tax return for 2012 17 8 0. File tax return for 2012 16   43 1. File tax return for 2012 29   78 44. File tax return for 2012 33 9 0. File tax return for 2012 16   44 1. File tax return for 2012 40   79 49. File tax return for 2012 23 10 0. File tax return for 2012 16   45 1. File tax return for 2012 53   80 54. File tax return for 2012 56 11 0. File tax return for 2012 19   46 1. File tax return for 2012 67   81 60. File tax return for 2012 51 12 0. File tax return for 2012 24   47 1. File tax return for 2012 83   82 66. File tax return for 2012 74 13 0. File tax return for 2012 28   48 1. File tax return for 2012 98   83 73. File tax return for 2012 07 14 0. File tax return for 2012 33   49 2. File tax return for 2012 13   84 80. File tax return for 2012 35 15 0. File tax return for 2012 38   50 2. File tax return for 2012 30   85 88. File tax return for 2012 76 16 0. File tax return for 2012 52   51 2. File tax return for 2012 52   86 99. File tax return for 2012 16 17 0. File tax return for 2012 57   52 2. File tax return for 2012 81   87 110. File tax return for 2012 40 18 0. File tax return for 2012 59   53 3. File tax return for 2012 20   88 121. File tax return for 2012 85 19 0. File tax return for 2012 61   54 3. File tax return for 2012 65   89 133. File tax return for 2012 40 20 0. File tax return for 2012 62   55 4. File tax return for 2012 15   90 144. File tax return for 2012 30 21 0. File tax return for 2012 62   56 4. File tax return for 2012 68   91 155. File tax return for 2012 80 22 0. File tax return for 2012 64   57 5. File tax return for 2012 20   92 168. File tax return for 2012 75 23 0. File tax return for 2012 66   58 5. File tax return for 2012 66   93 186. File tax return for 2012 44 24 0. File tax return for 2012 68   59 6. File tax return for 2012 06   94 206. File tax return for 2012 70 25 0. File tax return for 2012 71   60 6. File tax return for 2012 51   95 228. File tax return for 2012 35 26 0. File tax return for 2012 73   61 7. File tax return for 2012 11   96 250. File tax return for 2012 01 27 0. File tax return for 2012 76   62 7. File tax return for 2012 96   97 265. File tax return for 2012 09 28 0. File tax return for 2012 80   63 9. File tax return for 2012 08   98 270. File tax return for 2012 11 29 0. File tax return for 2012 83   64 10. File tax return for 2012 41   99 281. File tax return for 2012 05 30 0. File tax return for 2012 87   65 11. File tax return for 2012 90       31 0. File tax return for 2012 90   66 13. File tax return for 2012 51       32 0. File tax return for 2012 93   67 15. File tax return for 2012 20       33 0. File tax return for 2012 96   68 16. File tax return for 2012 92       34 0. File tax return for 2012 98   69 18. File tax return for 2012 70                       If the current published premium rates per $1,000 of insurance protection charged by an insurer for individual 1-year term life insurance premiums available to all standard risks are lower than those in the preceding table, you can use the lower rates for figuring the cost of insurance in connection with individual policies issued by the same insurer. File tax return for 2012 Example 1. File tax return for 2012 Lynne Green, age 44, and her employer enter into a 403(b) plan that will provide her with a $500 a month annuity upon retirement at age 65. File tax return for 2012 The agreement also provides that if she should die before retirement, her beneficiary will receive the greater of $20,000 or the cash surrender value in the life insurance contract. File tax return for 2012 Using the facts presented we can determine the cost of Lynne's life insurance protection as shown in Table 3-1. File tax return for 2012 Lynne's employer has included $28 for the cost of the life insurance protection in her current year's income. File tax return for 2012 When figuring her includible compensation for this year, Lynne will subtract $28. File tax return for 2012 Table 3-1. File tax return for 2012 Worksheet A. File tax return for 2012 Cost of Incidental Life Insurance Note. File tax return for 2012 Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. File tax return for 2012 This amount will be used to figure includible compensation for your most recent year of service. File tax return for 2012 1. File tax return for 2012 Enter the value of the contract (amount payable upon your death) 1. File tax return for 2012 $20,000. File tax return for 2012 00 2. File tax return for 2012 Enter the cash value in the contract at the end of the year 2. File tax return for 2012 0. File tax return for 2012 00 3. File tax return for 2012 Subtract line 2 from line 1. File tax return for 2012 This is the value of your current life insurance protection 3. File tax return for 2012 $20,000. File tax return for 2012 00 4. File tax return for 2012 Enter your age on your birthday nearest the beginning of the policy year 4. File tax return for 2012 44 5. File tax return for 2012 Enter the 1-year term premium for $1,000 of life insurance based on your age. File tax return for 2012 (From Figure 3-1) 5. File tax return for 2012 $1. File tax return for 2012 40 6. File tax return for 2012 Divide line 3 by $1,000 6. File tax return for 2012 20 7. File tax return for 2012 Multiply line 6 by line 5. File tax return for 2012 This is the cost of your incidental life insurance 7. File tax return for 2012 $28. File tax return for 2012 00 Example 2. File tax return for 2012 Lynne's cash value in the contract at the end of the second year is $1,000. File tax return for 2012 In year two, the cost of Lynne's life insurance is calculated as shown in Table 3-2. File tax return for 2012 In year two, Lynne's employer will include $29. File tax return for 2012 07 in her current year's income. File tax return for 2012 Lynne will subtract this amount when figuring her includible compensation. File tax return for 2012 Table 3-2. File tax return for 2012 Worksheet A. File tax return for 2012 Cost of Incidental Life Insurance Note. File tax return for 2012 Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. File tax return for 2012 This amount will be used to figure includible compensation for your most recent year of service. File tax return for 2012 1. File tax return for 2012 Enter the value of the contract (amount payable upon your death) 1. File tax return for 2012 $20,000. File tax return for 2012 00 2. File tax return for 2012 Enter the cash value in the contract at the end of the year 2. File tax return for 2012 $1,000. File tax return for 2012 00 3. File tax return for 2012 Subtract line 2 from line 1. File tax return for 2012 This is the value of your current life insurance protection 3. File tax return for 2012 $19,000. File tax return for 2012 00 4. File tax return for 2012 Enter your age on your birthday nearest the beginning of the policy year 4. File tax return for 2012 45 5. File tax return for 2012 Enter the 1-year term premium for $1,000 of life insurance based on your age. File tax return for 2012 (From Figure 3-1) 5. File tax return for 2012 $1. File tax return for 2012 53 6. File tax return for 2012 Divide line 3 by $1,000 6. File tax return for 2012 19 7. File tax return for 2012 Multiply line 6 by line 5. File tax return for 2012 This is the cost of your incidental life insurance 7. File tax return for 2012 $29. File tax return for 2012 07 Figuring Includible Compensation for Your Most Recent Year of Service You can use Worksheet B in chapter 9 to determine your includible compensation for your most recent year of service. File tax return for 2012 Example. File tax return for 2012 Floyd has been periodically working full-time for a local hospital since September 2011. File tax return for 2012 He needs to figure his limit on annual additions for 2014. File tax return for 2012 The hospital's normal annual work period for employees in Floyd's general type of work runs from January to December. File tax return for 2012 During the periods that Floyd was employed with the hospital, the hospital has always been eligible to provide a 403(b) plan to employees. File tax return for 2012 Additionally, the hospital has never provided the employees with a 457 deferred compensation plan, a transportation fringe benefit plan, or a cafeteria plan. File tax return for 2012 Floyd has never worked abroad and there is no life insurance provided under the plan. File tax return for 2012 Table 3-3 shows the service Floyd provided to his employer, his compensation for the periods worked, his elective deferrals, and his taxable wages. File tax return for 2012 Table 3-3. File tax return for 2012 Floyd's Compensation Note. File tax return for 2012 This table shows information Floyd will use to figure includible compensation for his most recent year of service. File tax return for 2012   Year Years of Service Taxable Wages Elective Deferrals 2014 6/12 of  a year $42,000 $2,000 2013 4/12 of  a year $16,000 $1,650 2012 4/12 of  a year $16,000 $1,650 Before Floyd can figure his limit on annual additions, he must figure includible compensation for his most recent year of service. File tax return for 2012 Because Floyd is not planning to work the entire 2014 year, his most recent year of service will include the time he is planning to work in 2014 plus time he worked in the preceding 3 years until the time he worked for the hospital totals 1 year. File tax return for 2012 If the total time he worked is less than 1 year, Floyd will treat it as if it were 1 year. File tax return for 2012 He figures his most recent year of service shown in the following list. File tax return for 2012 Time he will work in 2014 is 6/12 of a year. File tax return for 2012 Time worked in 2013 is 4/12 of a year. File tax return for 2012 All of this time will be used to determine Floyd's most recent year of service. File tax return for 2012 Time worked in 2012 is 4/12 of a year. File tax return for 2012 Floyd only needs 2 months of the 4 months he worked in 2012 to have enough time to total 1 full year. File tax return for 2012 Because he needs only one-half of the actual time he worked, Floyd will use only one-half of his income earned during that period to calculate wages that will be used in figuring his includible compensation. File tax return for 2012 Using the information provided in Table 3-3, wages for Floyd's most recent year of service are $66,000 ($42,000 + $16,000 + $8,000). File tax return for 2012 His includible compensation for his most recent year of service is figured as shown in Table 3-4. File tax return for 2012 After figuring his includible compensation, Floyd determines his limit on annual additions for 2014 to be $52,000, the lesser of his includible compensation, $70,475 (Table 3-4), and the maximum amount of $52,000. File tax return for 2012 Table 3-4. File tax return for 2012 Worksheet B. File tax return for 2012 Includible Compensation for Your Most Recent Year of Service1 Note. File tax return for 2012 Use this worksheet to figure includible compensation for your most recent year of service. File tax return for 2012 1. File tax return for 2012 Enter your includible wages from the employer maintaining your 403(b) account for your most recent year of service 1. File tax return for 2012 $66,000 2. File tax return for 2012 Enter elective deferrals excluded from your gross income for your most recent year of service2 2. File tax return for 2012 4,4753 3. File tax return for 2012 Enter amounts contributed or deferred by your employer under a cafeteria plan for your most recent year of service 3. File tax return for 2012 -0- 4. File tax return for 2012 Enter amounts contributed or deferred by your employer according to your election to your 457 account (a nonqualified plan of a state or local government, or of a tax-exempt organization) for your most recent year of service 4. File tax return for 2012 -0- 5. File tax return for 2012 Enter pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan for your most recent year of service 5. File tax return for 2012 -0- 6. File tax return for 2012 Enter your foreign earned income exclusion for your most recent year of service 6. File tax return for 2012 -0- 7. File tax return for 2012 Add lines 1, 2, 3, 4, 5, and 6 7. File tax return for 2012 70,475 8. File tax return for 2012 Enter the cost of incidental life insurance that is part of your annuity contract for your most recent year of service 8. File tax return for 2012 -0- 9. File tax return for 2012 Enter compensation that was both: Earned during your most recent year of service, and Earned while your employer was not qualified to maintain a 403(b) plan 9. File tax return for 2012 -0- 10. File tax return for 2012 Add lines 8 and 9 10. File tax return for 2012 -0- 11. File tax return for 2012 Subtract line 10 from line 7. File tax return for 2012 This is your includible compensation for your most recent year of service 11. File tax return for 2012 70,475 1Use estimated amounts if figuring includible compensation before the end of the year. File tax return for 2012 2Elective deferrals made to a designated Roth account are not excluded from your gross income and should not be included on this line. File tax return for 2012  3$4,475 ($2,000 + $1,650 + $825). File tax return for 2012 Prev  Up  Next   Home   More Online Publications