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

Filing Back Taxes Online

Students And Tax ReturnsHow To File A Revised Tax ReturnIncome Taxes FreeAmended Tax Return 2012Il 1040xFile Taxes FreeTax Deductions For MilitaryState Income Tax Charts1040a 2011 Tax FormH&r Block Online TaxFile Taxes OnlineWww Irs GovMyfreetaxes Com RochestercashHow To File An Amended Tax Return OnlineAmended ReturnsEfile State Taxes For FreeEfile Taxes Free2009 FreetaxusaForm 1040xAarp State Tax Filing For SeniorsE File 2012 Federal TaxesTax Software 20112010 Amended Tax ReturnEz Tax Form 2011New TaxFree H&r Block1040zFile State Tax Return For Free1040ez FormsFree Tax Amended ReturnWhat Is A 1040nrH&r Block Online 1040xFile Tax ReturnAmend A 2013 Tax ReturnFederal Tax Form 1040 EzE File State Taxes Only For FreeDownload A 1040ez Federal Tax FormFiling Form 1040ezState Income Tax NumberStudent Income

Filing Back Taxes Online

Filing back taxes online Index Symbols 403(b) account, What Is a 403(b) Plan? 403(b) plans Basics, 403(b) Plan Basics Benefits, What Are the Benefits of Contributing to a 403(b) Plan? Participation, Who Can Participate in a 403(b) Plan? Self-employed ministers, Who Can Set Up a 403(b) Account? What is a 403(b) plan?, What Is a 403(b) Plan? Who can set up a 403(b) account?, Who Can Set Up a 403(b) Account? A After-tax contributions, How Can Contributions Be Made to My 403(b) Account? Assistance (see Tax help) B Basics, 403(b) Plan Basics Benefits, What Are the Benefits of Contributing to a 403(b) Plan? C Catch-up contributions, Catch-Up Contributions Chaplain, Ministers. Filing back taxes online Church employees, Ministers and Church Employees Years of service, Changes to Years of Service Comments on publication, Comments and suggestions. Filing back taxes online Contributions, How Can Contributions Be Made to My 403(b) Account? After-tax, How Can Contributions Be Made to My 403(b) Account? Catch-up, Catch-Up Contributions Elective deferrals, How Can Contributions Be Made to My 403(b) Account?, Elective deferrals only. Filing back taxes online Nonelective, How Can Contributions Be Made to My 403(b) Account? Reporting, Do I Report Contributions on My Tax Return? Correcting excess contributions, What Happens If I Have Excess Contributions? Credit, for retirement savings contributions, Retirement Savings Contributions Credit (Saver's Credit) D Distributions, Distributions and Rollovers, Distributions 10-year tax option, No Special 10-Year Tax Option 90-24 transfer, Contract exchanges. Filing back taxes online Deceased employees, Spouses of deceased employees. Filing back taxes online Direct rollover, Direct rollovers of 403(b) plan distributions. Filing back taxes online Eligible retirement plans, Eligible retirement plans. Filing back taxes online Frozen deposit, Frozen deposits. Filing back taxes online Gift tax, Gift Tax Minimum required, Minimum Required Distributions Qualified domestic relations order, Qualified domestic relations order. Filing back taxes online Rollovers, Tax-Free Rollovers, Rollovers to and from 403(b) plans. Filing back taxes online Second rollover, Second rollover. Filing back taxes online Transfers, Transfer of Interest in 403(b) Contract E Elective deferrals, How Can Contributions Be Made to My 403(b) Account?, Elective deferrals only. Filing back taxes online Eligible employees, Eligible employees. Filing back taxes online , Church employee. Filing back taxes online Employer's annual work period, Employer's annual work period. Filing back taxes online Excess contributions, Excess Contributions Correcting, What Happens If I Have Excess Contributions? Determining, How Do I Know If I Have Excess Contributions? Excess amounts, Excess Annual Addition Excess deferrals, Excess Annual Addition Excess elective deferral, Excess Elective Deferral Excise tax, Excise Tax Excise tax Excess contributions, Excise Tax Reporting requirement, Reporting requirement. Filing back taxes online F Free tax services, How To Get Tax Help, Free help with your tax return. Filing back taxes online Full-time or part-time, Years of Service G Gift tax, Gift Tax H Help (see Tax help) I Incidental life insurance, Cost of Incidental Life Insurance Includible compensation, Includible Compensation 403(b) plan, Changes to Includible Compensation Figuring, Figuring Includible Compensation for Your Most Recent Year of Service Foreign missionaries, Changes to Includible Compensation Incidental life insurance, Cost of Incidental Life Insurance Self-employed ministers, Changes to Includible Compensation Includible compensation for your most recent year of service Definition, Definition. Filing back taxes online L Limit on annual additions, Limit on Annual Additions Limit on elective deferrals, Limit on Elective Deferrals 15-year rule, 15-Year Rule Figuring, Figuring the Limit on Elective Deferrals General limit, General Limit M MAC (see Maximum amount contributable) Maximum amount contributable, Maximum Amount Contributable (MAC) Components, Components of Your MAC How to figure MAC, How Do I Figure My MAC? When to figure MAC, When Should I Figure My MAC? Minimum required distributions, Minimum Required Distributions Ministers, Ministers. Filing back taxes online , Ministers and Church Employees Missing children, Reminder More information (see Tax help) Most recent year of service, Most Recent Year of Service Most recent year of service, figuring, Figuring Your Most Recent Year of Service N Nonelective contributions, How Can Contributions Be Made to My 403(b) Account?, Nonelective contributions only. Filing back taxes online P Pre-tax contributions, Includible Compensation, Table 3-4. Filing back taxes online Worksheet B. Filing back taxes online Includible Compensation for Your Most Recent Year of Service1 , Rollovers to and from 403(b) plans. Filing back taxes online , Worksheet B. Filing back taxes online Includible Compensation for Your Most Recent Year of Service1 Publications (see Tax help) Q Qualified domestic relations order, Qualified domestic relations order. Filing back taxes online R Reporting Contributions Self-employed ministers, Self-employed ministers. Filing back taxes online Reporting contributions Chaplains, Chaplains. Filing back taxes online Required distributions, Minimum Required Distributions Retirement savings contributions credit, What's New for 2013, What's New for 2014, Retirement Savings Contributions Credit (Saver's Credit) Rollovers, Distributions and Rollovers, Tax-Free Rollovers Roth contribution program, Roth contribution program. Filing back taxes online S Salary reduction agreement, Limit on Elective Deferrals Self-employed ministers, Ministers. Filing back taxes online , Who Can Set Up a 403(b) Account?, Self-employed minister. Filing back taxes online , Self-employed ministers. Filing back taxes online , Self-employed minister. Filing back taxes online Suggestions for publication, Comments and suggestions. Filing back taxes online T Tax help, How To Get Tax Help Transfers, Transfer of Interest in 403(b) Contract 90-24 transfer, Transfer of Interest in 403(b) Contract Conservatorship, Contract exchanges. Filing back taxes online Direct-trustee-to-trustee, Direct trustee-to-trustee transfer. Filing back taxes online Insolvency, Tax-free transfers for certain cash distributions. Filing back taxes online Permissive service credit, Permissive service credit. Filing back taxes online TTY/TDD information, How To Get Tax Help V Voluntary deductible contributions, Voluntary deductible contributions. Filing back taxes online W What is a 403(b) plan?, What Is a 403(b) Plan? Y Years of service, Years of Service Church employees, Church employee. Filing back taxes online , Changes to Years of Service Definition, Definition Employer's annual work period, Employer's annual work period. Filing back taxes online Full year of service, Full year of service. Filing back taxes online Full-time employee for the full year, Full-Time Employee for the Full Year Full-time for part of the year, Full-time for part of the year. Filing back taxes online Other than full-time for the full year, Other Than Full-Time for the Full Year Part-time for the full year, Part-time for the full year. Filing back taxes online Part-time for the part of the year, Part-time for part of the year. Filing back taxes online Self-employed minister, Changes to Years of Service Total years of service, Total years of service. Filing back taxes online Prev  Up     Home   More Online Publications
Español

Center for Food Safety and Applied Nutrition

The Center provides services to consumers and industry groups about food and cosmetics. They perform scientific analysis, develop policy, and handle critical issues related to food and cosmetics.

Contact the Agency or Department

Website: Center for Food Safety and Applied Nutrition

E-mail:

Address: 5100 Paint Branch Parkway
College Park, MD 20740-3835

Toll-free: (888) 723-3366

TTY: (800) 877-8339

The Filing Back Taxes Online

Filing back taxes online 1. Filing back taxes online   Canceled Debts Table of Contents General RulesForm 1099-C Discounts and loan modifications Sales or other dispositions (such as foreclosures and repossessions) Abandonments Stockholder debt This chapter discusses the tax treatment of canceled debts. Filing back taxes online General Rules Generally, if a debt for which you are personally liable is forgiven or discharged for less than the full amount owed, the debt is considered canceled in whatever amount it remained unpaid. Filing back taxes online There are exceptions to this rule, discussed under Exceptions , later. Filing back taxes online Generally, you must include the canceled debt in your income. Filing back taxes online However, you may be able to exclude the canceled debt. Filing back taxes online See Exclusions , later. Filing back taxes online Example. Filing back taxes online John owed $1,000 to Mary. Filing back taxes online Mary agreed to accept and John paid $400 in satisfaction of the entire debt. Filing back taxes online John has canceled debt of $600. Filing back taxes online Example. Filing back taxes online Margaret owed $1,000 to Henry. Filing back taxes online Henry and Margaret agreed that Margaret would provide Henry with services (instead of money) in full satisfaction of the debt. Filing back taxes online Margaret does not have canceled debt. Filing back taxes online Instead, she has income from services. Filing back taxes online A debt includes any indebtedness: For which you are liable, or Subject to which you hold property. Filing back taxes online Debt for which you are personally liable is recourse debt. Filing back taxes online All other debt is nonrecourse debt. Filing back taxes online If you are not personally liable for the debt, you do not have ordinary income from the cancellation of debt unless you retain the collateral and either: The lender offers a discount for the early payment of the debt, or The lender agrees to a loan modification that results in the reduction of the principal balance of the debt. Filing back taxes online See Discounts and loan modifications , later. Filing back taxes online However, upon the disposition of the property securing a nonrecourse debt, the amount realized includes the entire unpaid amount of the debt, not just the FMV of the property. Filing back taxes online As a result, you may realize a gain or loss if the outstanding debt immediately before the disposition is more or less than your adjusted basis in the property. Filing back taxes online For more details on figuring your gain or loss, see chapter 2 of this publication or see Publication 544. Filing back taxes online There are several exceptions and exclusions that may result in part or all of a canceled debt being nontaxable. Filing back taxes online See Exceptions and Exclusions, later. Filing back taxes online You must report any taxable canceled debt as ordinary income on: Form 1040 or Form 1040NR, line 21, if the debt is a nonbusiness debt; Schedule C (Form 1040), line 6 (or Schedule C-EZ (Form 1040), line 1), if the debt is related to a nonfarm sole proprietorship; Schedule E (Form 1040), line 3, if the debt is related to nonfarm rental of real property; Form 4835, line 6, if the debt is related to a farm rental activity for which you use Form 4835 to report farm rental income based on crops or livestock produced by a tenant; or Schedule F (Form 1040), line 8, if the debt is farm debt and you are a farmer. Filing back taxes online Form 1099-C If you receive a Form 1099-C, that means an applicable entity has reported an identifiable event to the IRS regarding a debt you owe. Filing back taxes online The identifiable event may be an actual cancellation of the debt or it may be an event the applicable entity is required, solely for purposes of reporting to the IRS, to treat as a cancellation of debt. Filing back taxes online For information on the reasons an applicable entity files Form 1099-C, see Identifiable event codes, later. Filing back taxes online Unless you meet one of the exceptions or exclusions discussed later, this canceled debt is ordinary income and must be reported on the appropriate form discussed above. Filing back taxes online An applicable entity includes: A federal government agency, A financial institution, A credit union, and Any organization a significant trade or business of which is lending money. Filing back taxes online Identifiable event codes. Filing back taxes online    Box 6 of Form 1099-C should indicate the reason the creditor filed this form. Filing back taxes online The codes shown in box 6 are explained below. Filing back taxes online Also see the chart after the explanation for a quick reference guide for the codes used in Box 6. Filing back taxes online Note. Filing back taxes online Codes A through G and I identify specific occurrences resulting from an actual discharge of indebtedness. Filing back taxes online However, Code H, Expiration of nonpayment testing period, does not necessarily identify an actual discharge of indebtedness. Filing back taxes online Code A — Bankruptcy. Filing back taxes online Code A is used to identify cancellation of debt as a result of a title 11 bankruptcy case. Filing back taxes online See Bankruptcy , later. Filing back taxes online Code B — Other judicial debt relief. Filing back taxes online Code B is used to identify cancellation of debt as a result of a receivership, foreclosure, or similar federal or state court proceeding other than bankruptcy. Filing back taxes online Code C — Statute of limitations or expiration of deficiency period. Filing back taxes online Code C is used to identify cancellation of debt either when the statute of limitations for collecting the debt expires or when the statutory period for filing a claim or beginning a deficiency judgment proceeding expires. Filing back taxes online In the case of the expiration of a statute of limitations, an identifiable event occurs only if and when your affirmative defense of the statute of limitations is upheld in a final judgment or decision in a judicial proceeding, and the period for appealing the judgment or decision has expired. Filing back taxes online Code D — Foreclosure election. Filing back taxes online Code D is used to identify cancellation of debt when the creditor elects foreclosure remedies that statutorily end or bar the creditor's right to pursue collection of the debt. Filing back taxes online This event applies to a mortgage lender or holder who is barred from pursuing debt collection after a power of sale in the mortgage or deed of trust is exercised. Filing back taxes online Code E — Debt relief from probate or similar proceeding. Filing back taxes online Code E is used to identify cancellation of debt as a result of a probate court or similar legal proceeding. Filing back taxes online Code F — By agreement. Filing back taxes online Code F is used to identify cancellation of debt as a result of an agreement between the creditor and the debtor to cancel the debt at less than full consideration. Filing back taxes online Code G — Decision or policy to discontinue collection. Filing back taxes online Code G is used to identify cancellation of debt as a result of a decision or a defined policy of the creditor to discontinue collection activity and cancel the debt. Filing back taxes online For purposes of this identifiable event, a defined policy includes both a written policy and the creditor's established business practice. Filing back taxes online Code H — Expiration of nonpayment testing period. Filing back taxes online Code H is used to indicate that the creditor has not received a payment on the debt during a testing period ending on December 31, 2013. Filing back taxes online The testing period is a 36-month period increased by the number of months the creditor was prevented from engaging in collection activity by a stay in bankruptcy or similar bar under state or local law. Filing back taxes online This identifiable event applies only for a creditor that is a financial institution or credit union (and certain of their subsidiaries), the Federal Deposit Insurance Corporation (FDIC), Resolution Trust Corporation (RTC), National Credit Union Administration (NCUA), and other Federal executive agencies. Filing back taxes online Expiration of the nonpayment testing period does not necessarily result from an actual discharge of indebtedness. Filing back taxes online Code I — Other actual discharge before identifiable event. Filing back taxes online Code I is used to identify an actual cancellation of debt that occurs before any of the identifiable events described in codes A through H. Filing back taxes online Form 1099-C Reference Guide for Box 6 Identifiable Event Codes A Bankruptcy B Other judicial debt relief C Statute of limitations or expiration of deficiency period D Foreclosure election E Debt relief from probate or similar proceeding F By agreement G Decision or policy to discontinue collection H Expiration of nonpayment testing period I Other actual discharge before identifiable event Even if you did not receive a Form 1099-C, you must report canceled debt as gross income on your tax return unless one of the exceptions or exclusions described later applies. Filing back taxes online Amount of canceled debt. Filing back taxes online    The amount in box 2 of Form 1099-C may represent some or all of the debt that has been canceled or treated as canceled. Filing back taxes online The amount in box 2 will include principal and may include interest and other nonprincipal amounts (such as fees or penalties). Filing back taxes online Unless you meet one of the exceptions or exclusions discussed later, the amount of the debt that has been canceled is ordinary income and must be reported on the appropriate form as discussed earlier. Filing back taxes online Interest included in canceled debt. Filing back taxes online    If any interest is included in the amount of canceled debt in box 2, it will be shown in box 3. Filing back taxes online Whether the interest portion of the canceled debt must be included in your income depends on whether the interest would be deductible if you paid it. Filing back taxes online See Deductible Debt under Exceptions, later. Filing back taxes online Persons who each receive a Form 1099-C showing the full amount of debt. Filing back taxes online    If you and another person were jointly and severally liable for a canceled debt, each of you may get a Form 1099-C showing the entire amount of the canceled debt. Filing back taxes online However, you may not have to report that entire amount as income. Filing back taxes online The amount, if any, you must report depends on all the facts and circumstances, including: State law, The amount of debt proceeds each person received, How much of any interest deduction from the debt was claimed by each person, How much of the basis of any co-owned property bought with the debt proceeds was allocated to each co-owner, and Whether the canceled debt qualifies for any of the exceptions or exclusions described in this publication. Filing back taxes online See Example 3 under Insolvency, later. Filing back taxes online Discounts and loan modifications If a lender discounts (reduces) the principal balance of a loan because you pay it off early, or agrees to a loan modification (a “workout”) that includes a reduction in the principal balance of a loan, the amount of the discount or the amount of principal reduction is canceled debt. Filing back taxes online However, if the debt is nonrecourse and you did not retain the collateral, you do not have cancellation of the debt income. Filing back taxes online The amount of the canceled debt must be included in income unless one of the exceptions or exclusions described later applies. Filing back taxes online For more details, see Exceptions and Exclusions, later. Filing back taxes online Sales or other dispositions (such as foreclosures and repossessions) Recourse debt. Filing back taxes online   If you owned property that was subject to a recourse debt in excess of the FMV of the property, the lender's foreclosure or repossession of the property is treated as a sale or disposition of the property by you and may result in your realization of gain or loss. Filing back taxes online The gain or loss on the disposition of the property is measured by the difference between the FMV of the property at the time of the disposition and your adjusted basis (usually your cost) in the property. Filing back taxes online The character of the gain or loss (such as ordinary or capital) is determined by the character of the property. Filing back taxes online If the lender forgives all or part of the amount of the debt in excess of the FMV of the property, the cancellation of the excess debt may result in ordinary income. Filing back taxes online The ordinary income from the cancellation of debt (the excess of the canceled debt over the FMV of the property) must be included in your gross income reported on your tax return unless one of the exceptions or exclusions described later applies. Filing back taxes online For more details, see Exceptions and Exclusions, later. Filing back taxes online Nonrecourse debt. Filing back taxes online   If you owned property that was subject to a nonrecourse debt in excess of the FMV of the property, the lender's foreclosure on the property does not result in ordinary income from the cancellation of debt. Filing back taxes online The entire amount of the nonrecourse debt is treated as an amount realized on the disposition of the property. Filing back taxes online The gain or loss on the disposition of the property is measured by the difference between the total amount realized (the entire amount of the nonrecourse debt plus the amount of cash and the FMV of any property received) and your adjusted basis in the property. Filing back taxes online The character of the gain or loss is determined by the character of the property. Filing back taxes online More information. Filing back taxes online    See Publications 523, 544, and 551, and chapter 2 of this publication for more details. Filing back taxes online Abandonments Recourse debt. Filing back taxes online   If you abandon property that secures a debt for which you are personally liable (recourse debt) and the debt is canceled, you will realize ordinary income equal to the canceled debt. Filing back taxes online You must report this income on your tax return unless one of the exceptions or exclusions described later applies. Filing back taxes online For more details, see Exceptions and Exclusions, later. Filing back taxes online This income is separate from any amount realized from the abandonment of the property. Filing back taxes online For more details, see chapter 3. Filing back taxes online Nonrecourse debt. Filing back taxes online   If you abandon property that secures a debt for which you are not personally liable (nonrecourse debt), you may realize gain or loss but will not have cancellation of indebtedness income. Filing back taxes online Stockholder debt If you are a stockholder in a corporation and the corporation cancels or forgives your debt to it, the canceled debt is a constructive distribution. Filing back taxes online For more information, see Publication 542, Corporations. Filing back taxes online Prev  Up  Next   Home   More Online Publications