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 Late Taxes For 2012

Dfas MilIrs GovFiling Amended Tax ReturnsNeed To File 2012 Tax ReturnW2 Ez FormStandard Deduction For Form 10402012 State Taxes Online FreeLate File Taxes1040x DownloadHow To File An Amended Tax Return For 2012Tax Form For 2011File Tax Extension ElectronicallyFiling Free State Tax ReturnCan I Efile A 2011 Tax ReturnE File 2012 Tax Return1040ez Form InstructionsMilitary ComReview Tax Act 2010Hnr Block Taxes1040ez 2012 FormWhere Can I Do My State Taxes For Free1040 Tax Form 2010Turbotax Deluxe Federal Efile State 20092008 TaxesIrs Filing Deadline2011 Tax Forms 1040ezFreetaxusa2011 Taxes1040x Tax Return For Prior Year InstructionsFile Taxes For FreeAmended Tax ReturnTax Amendment Form 1040xHow To Get 2012 Tax FormsFree State Tax FilingTaxes H&r Block OnlineFree 2010 Tax SoftwareIrs Form 1040 20122012 Tax Forms 1040ez2013 1040ez Instructions1040ez 2013 InstructionsFile State Taxes

Filing Late Taxes For 2012

Filing late taxes for 2012 Publication 929 - Additional Material Table of Contents How To Get Tax HelpLow Income Taxpayer Clinics This image is too large to be displayed in the current screen. Filing late taxes for 2012 Please click the link to view the image. Filing late taxes for 2012 Form 1040A, page 1, for Joshua A. Filing late taxes for 2012 Blake This image is too large to be displayed in the current screen. Filing late taxes for 2012 Please click the link to view the image. Filing late taxes for 2012 Form 1040A, page 2, for Joshua A. Filing late taxes for 2012 Blake This image is too large to be displayed in the current screen. Filing late taxes for 2012 Please click the link to view the image. Filing late taxes for 2012 Form 8615 for Joshua A. Filing late taxes for 2012 Blake Filled-in Qualified Dividends and Capital Gain Tax Worksheet #1 Before you begin: Be sure you do not have to file Form 1040 (see the instructions for Form 1040A, line 10) 1. Filing late taxes for 2012 Enter the amount from Form 1040A, line 27 1. Filing late taxes for 2012 48,800*       2. Filing late taxes for 2012 Enter the amount from Form 1040A, line 9b 2. Filing late taxes for 2012 300*           3. Filing late taxes for 2012 Enter the amount from Form 1040A, line 10 3. Filing late taxes for 2012 200*           4. Filing late taxes for 2012 Add lines 2 and 3 4. Filing late taxes for 2012 500       5. Filing late taxes for 2012 Subtract line 4 from line 1. Filing late taxes for 2012 If zero or less, enter -0- 5. Filing late taxes for 2012 48,300       6. Filing late taxes for 2012 Enter the smaller of:                 •The amount on line 1, or                   •$36,250 if single or married filing separately,                   $72,500 if married filing jointly or qualifying widow(er),   or 6. Filing late taxes for 2012 48,800*         $48,600 if head of household. Filing late taxes for 2012                   7. Filing late taxes for 2012 Enter the smaller of line 5 or line 6 7. Filing late taxes for 2012 48,300       8. Filing late taxes for 2012 Subtract line 7 from line 6. Filing late taxes for 2012 This amount is taxed at 0% 8. Filing late taxes for 2012   500       9. Filing late taxes for 2012 Enter the smaller of line 1 or line 4 9. Filing late taxes for 2012 500       10. Filing late taxes for 2012 Enter the amount from line 8 10. Filing late taxes for 2012   500       11. Filing late taxes for 2012 Subtract line 10 from line 9 11. Filing late taxes for 2012  -0-       12. Filing late taxes for 2012 Multiply line 11 by 15% (. Filing late taxes for 2012 15) 12. Filing late taxes for 2012 -0-   13. Filing late taxes for 2012 Use the Tax Table to figure the tax on the amount on line 5. Filing late taxes for 2012 Enter the tax here 13. Filing late taxes for 2012 6,356   14. Filing late taxes for 2012 Add lines 12 and 13 14. Filing late taxes for 2012 6,356   15. Filing late taxes for 2012 Use the Tax Table to figure the tax on the amount on line 1. Filing late taxes for 2012 Enter the tax here 15. Filing late taxes for 2012 6,431   16. Filing late taxes for 2012 Tax on all taxable income. Filing late taxes for 2012 Enter the smaller of line 14 or line 15 here and on Form 1040A, line 28 16. Filing late taxes for 2012 6,356       *See the instructions under Using the Qualified Dividends and Capital Gain Tax Worksheet for line 9 tax in the Form 8615 instructions. Filing late taxes for 2012 Filled-in Qualified Dividends and Capital Gain Tax Worksheet #2 Before you begin: Be sure you do not have to file Form 1040 (see the instructions for Form 1040A, line 10) 1. Filing late taxes for 2012 Enter the amount from Form 1040A, line 27 1. Filing late taxes for 2012 1,650*       2. Filing late taxes for 2012 Enter the amount from Form 1040A, line 9b 2. Filing late taxes for 2012 750*           3. Filing late taxes for 2012 Enter the amount from Form 1040A, line 10 3. Filing late taxes for 2012 500*           4. Filing late taxes for 2012 Add lines 2 and 3 4. Filing late taxes for 2012 1,250       5. Filing late taxes for 2012 Subtract line 4 from line 1. Filing late taxes for 2012 If zero or less, enter -0- 5. Filing late taxes for 2012  400       6. Filing late taxes for 2012 Enter the smaller of:                 •The amount on line 1, or                   •$36,250 if single or married filing separately,                   $72,500 if married filing jointly or qualifying   widow(er), or 6. Filing late taxes for 2012 1,650*         $48,600 if head of household. Filing late taxes for 2012                   7. Filing late taxes for 2012 Enter the smaller of line 5 or line 6 7. Filing late taxes for 2012   400       8. Filing late taxes for 2012 Subtract line 7 from line 6. Filing late taxes for 2012 This amount is taxed at 0% 8. Filing late taxes for 2012 1,250       9. Filing late taxes for 2012 Enter the smaller of line 1 or line 4 9. Filing late taxes for 2012 1,250       10. Filing late taxes for 2012 Enter the amount from line 8 10. Filing late taxes for 2012 1,250       11. Filing late taxes for 2012 Subtract line 10 from line 9 11. Filing late taxes for 2012 -0-       12. Filing late taxes for 2012 Multiply line 11 by 15% (. Filing late taxes for 2012 15) 12. Filing late taxes for 2012 -0-   13. Filing late taxes for 2012 Use the Tax Table to figure the tax on the amount on line 5. Filing late taxes for 2012 Enter the tax here 13. Filing late taxes for 2012 41*   14. Filing late taxes for 2012 Add lines 12 and 13 14. Filing late taxes for 2012 41   15. Filing late taxes for 2012 Use the Tax Table to figure the tax on the amount on line 1. Filing late taxes for 2012 Enter the tax here 15. Filing late taxes for 2012 166*   16. Filing late taxes for 2012 Tax on all taxable income. Filing late taxes for 2012 Enter the smaller of line 14 or line 15 here and on Form 1040A, line 28 16. Filing late taxes for 2012 41       *See the instructions under Using the Qualified Dividends and Capital Gain Tax Worksheet for line 15 tax in the Form 8615 instructions. Filing late taxes for 2012 Filled-in Qualified Dividends and Capital Gain Tax Worksheet #3 Before you begin: Be sure you do not have to file Form 1040 (see the instructions for Form 1040A, line 10) 1. Filing late taxes for 2012 Enter the amount from Form 1040A, line 27 1. Filing late taxes for 2012 2,450       2. Filing late taxes for 2012 Enter the amount from Form 1040A, line 9b 2. Filing late taxes for 2012 1,050           3. Filing late taxes for 2012 Enter the amount from Form 1040A, line 10 3. Filing late taxes for 2012 700           4. Filing late taxes for 2012 Add lines 2 and 3 4. Filing late taxes for 2012 1,750       5. Filing late taxes for 2012 Subtract line 4 from line 1. Filing late taxes for 2012 If zero or less, enter -0- 5. Filing late taxes for 2012    700       6. Filing late taxes for 2012 Enter the smaller of:                 •The amount on line 1, or                   •$36,250 if single or married filing separately,                   $72,500 if married filing jointly or qualifying   widow(er), or 6. Filing late taxes for 2012 2,450         $48,600 if head of household. Filing late taxes for 2012                   7. Filing late taxes for 2012 Enter the smaller of line 5 or line 6 7. Filing late taxes for 2012  700       8. Filing late taxes for 2012 Subtract line 7 from line 6. Filing late taxes for 2012 This amount is taxed at 0% 8. Filing late taxes for 2012 1,750       9. Filing late taxes for 2012 Enter the smaller of line 1 or line 4 9. Filing late taxes for 2012 1,750       10. Filing late taxes for 2012 Enter the amount from line 8 10. Filing late taxes for 2012 1,750       11. Filing late taxes for 2012 Subtract line 10 from line 9 11. Filing late taxes for 2012 -0-       12. Filing late taxes for 2012 Multiply line 11 by 15% (. Filing late taxes for 2012 15) 12. Filing late taxes for 2012 -0-   13. Filing late taxes for 2012 Use the Tax Table to figure the tax on the amount on line 5. Filing late taxes for 2012 Enter the tax here 13. Filing late taxes for 2012  71   14. Filing late taxes for 2012 Add lines 12 and 13 14. Filing late taxes for 2012  71   15. Filing late taxes for 2012 Use the Tax Table to figure the tax on the amount on line 1. Filing late taxes for 2012 Enter the tax here 15. Filing late taxes for 2012 246   16. Filing late taxes for 2012 Tax on all taxable income. Filing late taxes for 2012 Enter the smaller of line 14 or line 15 here and on Form 1040A, line 28 16. Filing late taxes for 2012  71         How To Get Tax Help Whether it's help with a tax issue, preparing your tax return or a need for a free publication or form, get the help you need the way you want it: online, use a smart phone, call or walk in to an IRS office or volunteer site near you. Filing late taxes for 2012 Free help with your tax return. Filing late taxes for 2012   You can get free help preparing your return nationwide from IRS-certified volunteers. Filing late taxes for 2012 The Volunteer Income Tax Assistance (VITA) program helps low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers. Filing late taxes for 2012 The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. Filing late taxes for 2012 Most VITA and TCE sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. Filing late taxes for 2012 In addition, some VITA and TCE sites provide taxpayers the opportunity to prepare their own return with help from an IRS-certified volunteer. Filing late taxes for 2012 To find the nearest VITA or TCE site, you can use the VITA Locator Tool on IRS. Filing late taxes for 2012 gov, download the IRS2Go app, or call 1-800-906-9887. Filing late taxes for 2012   As part of the TCE program, AARP offers the Tax-Aide counseling program. Filing late taxes for 2012 To find the nearest AARP Tax-Aide site, visit AARP's website at www. Filing late taxes for 2012 aarp. Filing late taxes for 2012 org/money/taxaide or call 1-888-227-7669. Filing late taxes for 2012 For more information on these programs, go to IRS. Filing late taxes for 2012 gov and enter “VITA” in the search box. Filing late taxes for 2012 Internet. Filing late taxes for 2012    IRS. Filing late taxes for 2012 gov and IRS2Go are ready when you are —24 hours a day, 7 days a week. Filing late taxes for 2012 Download the free IRS2Go app from the iTunes app store or from Google Play. Filing late taxes for 2012 Use it to check your refund status, order transcripts of your tax returns or tax account, watch the IRS YouTube channel, get IRS news as soon as it's released to the public, subscribe to filing season updates or daily tax tips, and follow the IRS Twitter news feed, @IRSnews, to get the latest federal tax news, including information about tax law changes and important IRS programs. Filing late taxes for 2012 Check the status of your 2013 refund with the Where's My Refund? application on IRS. Filing late taxes for 2012 gov or download the IRS2Go app and select the Refund Status option. Filing late taxes for 2012 The IRS issues more than 9 out of 10 refunds in less than 21 days. Filing late taxes for 2012 Using these applications, you can start checking on the status of your return within 24 hours after we receive your e-filed return or 4 weeks after you mail a paper return. Filing late taxes for 2012 You will also be given a personalized refund date as soon as the IRS processes your tax return and approves your refund. Filing late taxes for 2012 The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. Filing late taxes for 2012 Use the Interactive Tax Assistant (ITA) to research your tax questions. Filing late taxes for 2012 No need to wait on the phone or stand in line. Filing late taxes for 2012 The ITA is available 24 hours a day, 7 days a week, and provides you with a variety of tax information related to general filing topics, deductions, credits, and income. Filing late taxes for 2012 When you reach the response screen, you can print the entire interview and the final response for your records. Filing late taxes for 2012 New subject areas are added on a regular basis. Filing late taxes for 2012  Answers not provided through ITA may be found in Tax Trails, one of the Tax Topics on IRS. Filing late taxes for 2012 gov which contain general individual and business tax information or by searching the IRS Tax Map, which includes an international subject index. Filing late taxes for 2012 You can use the IRS Tax Map, to search publications and instructions by topic or keyword. Filing late taxes for 2012 The IRS Tax Map integrates forms and publications into one research tool and provides single-point access to tax law information by subject. Filing late taxes for 2012 When the user searches the IRS Tax Map, they will be provided with links to related content in existing IRS publications, forms and instructions, questions and answers, and Tax Topics. Filing late taxes for 2012 Coming this filing season, you can immediately view and print for free all 5 types of individual federal tax transcripts (tax returns, tax account, record of account, wage and income statement, and certification of non-filing) using Get Transcript. Filing late taxes for 2012 You can also ask the IRS to mail a return or an account transcript to you. Filing late taxes for 2012 Only the mail option is available by choosing the Tax Records option on the IRS2Go app by selecting Mail Transcript on IRS. Filing late taxes for 2012 gov or by calling 1-800-908-9946. Filing late taxes for 2012 Tax return and tax account transcripts are generally available for the current year and the past three years. Filing late taxes for 2012 Determine if you are eligible for the EITC and estimate the amount of the credit with the Earned Income Tax Credit (EITC) Assistant. Filing late taxes for 2012 Visit Understanding Your IRS Notice or Letter to get answers to questions about a notice or letter you received from the IRS. Filing late taxes for 2012 If you received the First Time Homebuyer Credit, you can use the First Time Homebuyer Credit Account Look-up tool for information on your repayments and account balance. Filing late taxes for 2012 Check the status of your amended return using Where's My Amended Return? Go to IRS. Filing late taxes for 2012 gov and enter Where's My Amended Return? in the search box. Filing late taxes for 2012 You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. Filing late taxes for 2012 It can take up to 3 weeks from the date you mailed it to show up in our system. Filing late taxes for 2012 Make a payment using one of several safe and convenient electronic payment options available on IRS. Filing late taxes for 2012 gov. Filing late taxes for 2012 Select the Payment tab on the front page of IRS. Filing late taxes for 2012 gov for more information. Filing late taxes for 2012 Determine if you are eligible and apply for an online payment agreement, if you owe more tax than you can pay today. Filing late taxes for 2012 Figure your income tax withholding with the IRS Withholding Calculator on IRS. Filing late taxes for 2012 gov. Filing late taxes for 2012 Use it if you've had too much or too little withheld, your personal situation has changed, you're starting a new job or you just want to see if you're having the right amount withheld. Filing late taxes for 2012 Determine if you might be subject to the Alternative Minimum Tax by using the Alternative Minimum Tax Assistant on IRS. Filing late taxes for 2012 gov. Filing late taxes for 2012 Request an Electronic Filing PIN by going to IRS. Filing late taxes for 2012 gov and entering Electronic Filing PIN in the search box. Filing late taxes for 2012 Download forms, instructions and publications, including accessible versions for people with disabilities. Filing late taxes for 2012 Locate the nearest Taxpayer Assistance Center (TAC) using the Office Locator tool on IRS. Filing late taxes for 2012 gov, or choose the Contact Us option on the IRS2Go app and search Local Offices. Filing late taxes for 2012 An employee can answer questions about your tax account or help you set up a payment plan. Filing late taxes for 2012 Before you visit, check the Office Locator on IRS. Filing late taxes for 2012 gov, or Local Offices under Contact Us on IRS2Go to confirm the address, phone number, days and hours of operation, and the services provided. Filing late taxes for 2012 If you have a special need, such as a disability, you can request an appointment. Filing late taxes for 2012 Call the local number listed in the Office Locator, or look in the phone book under United States Government, Internal Revenue Service. Filing late taxes for 2012 Apply for an Employer Identification Number (EIN). Filing late taxes for 2012 Go to IRS. Filing late taxes for 2012 gov and enter Apply for an EIN in the search box. Filing late taxes for 2012 Read the Internal Revenue Code, regulations, or other official guidance. Filing late taxes for 2012 Read Internal Revenue Bulletins. Filing late taxes for 2012 Sign up to receive local and national tax news and more by email. Filing late taxes for 2012 Just click on “subscriptions” above the search box on IRS. Filing late taxes for 2012 gov and choose from a variety of options. Filing late taxes for 2012    Phone. Filing late taxes for 2012 You can call the IRS, or you can carry it in your pocket with the IRS2Go app on your smart phone or tablet. Filing late taxes for 2012 Download the free IRS2Go app from the iTunes app store or from Google Play. Filing late taxes for 2012 Call to locate the nearest volunteer help site, 1-800-906-9887 or you can use the VITA Locator Tool on IRS. Filing late taxes for 2012 gov, or download the IRS2Go app. Filing late taxes for 2012 Low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. Filing late taxes for 2012 The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. Filing late taxes for 2012 Most VITA and TCE sites offer free electronic filing. Filing late taxes for 2012 Some VITA and TCE sites provide IRS-certified volunteers who can help prepare your tax return. Filing late taxes for 2012 Through the TCE program, AARP offers the Tax-Aide counseling program; call 1-888-227-7669 to find the nearest Tax-Aide location. Filing late taxes for 2012 Call the automated Where's My Refund? information hotline to check the status of your 2013 refund 24 hours a day, 7 days a week at 1-800-829-1954. Filing late taxes for 2012 If you e-file, you can start checking on the status of your return within 24 hours after the IRS receives your tax return or 4 weeks after you've mailed a paper return. Filing late taxes for 2012 The IRS issues more than 9 out of 10 refunds in less than 21 days. Filing late taxes for 2012 Where's My Refund? will give you a personalized refund date as soon as the IRS processes your tax return and approves your refund. Filing late taxes for 2012 Before you call this automated hotline, have your 2013 tax return handy so you can enter your social security number, your filing status, and the exact whole dollar amount of your refund. Filing late taxes for 2012 The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. Filing late taxes for 2012 Note, the above information is for our automated hotline. Filing late taxes for 2012 Our live phone and walk-in assistors can research the status of your refund only if it's been 21 days or more since you filed electronically or more than 6 weeks since you mailed your paper return. Filing late taxes for 2012 Call the Amended Return Hotline, 1-866-464-2050, to check the status of your amended return. Filing late taxes for 2012 You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. Filing late taxes for 2012 It can take up to 3 weeks from the date you mailed it to show up in our system. Filing late taxes for 2012 Call 1-800-TAX-FORM (1-800-829-3676) to order current-year forms, instructions, publications, and prior-year forms and instructions (limited to 5 years). Filing late taxes for 2012 You should receive your order within 10 business days. Filing late taxes for 2012 Call TeleTax, 1-800-829-4477, to listen to pre-recorded messages covering general and business tax information. Filing late taxes for 2012 If, between January and April 15, you still have questions about the Form 1040, 1040A, or 1040EZ (like filing requirements, dependents, credits, Schedule D, pensions and IRAs or self-employment taxes), call 1-800-829-1040. Filing late taxes for 2012 Call using TTY/TDD equipment, 1-800-829-4059 to ask tax questions or order forms and publications. Filing late taxes for 2012 The TTY/TDD telephone number is for people who are deaf, hard of hearing, or have a speech disability. Filing late taxes for 2012 These individuals can also contact the IRS through relay services such as the Federal Relay Service. Filing late taxes for 2012    Walk-in. Filing late taxes for 2012 You can find a selection of forms, publications and services — in-person. Filing late taxes for 2012 Products. Filing late taxes for 2012 You can walk in to some post offices, libraries, and IRS offices to pick up certain forms, instructions, and publications. Filing late taxes for 2012 Some IRS offices, libraries, and city and county government offices have a collection of products available to photocopy from reproducible proofs. Filing late taxes for 2012 Services. Filing late taxes for 2012 You can walk in to your local TAC for face-to-face tax help. Filing late taxes for 2012 An employee can answer questions about your tax account or help you set up a payment plan. Filing late taxes for 2012 Before visiting, use the Office Locator tool on IRS. Filing late taxes for 2012 gov, or choose the Contact Us option on the IRS2Go app and search Local Offices for days and hours of operation, and services provided. Filing late taxes for 2012    Mail. Filing late taxes for 2012 You can send your order for forms, instructions, and publications to the address below. Filing late taxes for 2012 You should receive a response within 10 business days after your request is received. Filing late taxes for 2012 Internal Revenue Service 1201 N. Filing late taxes for 2012 Mitsubishi Motorway Bloomington, IL 61705-6613    The Taxpayer Advocate Service Is Here to Help You. Filing late taxes for 2012 The Taxpayer Advocate Service (TAS) is your voice at the IRS. Filing late taxes for 2012 Our job is to ensure that every taxpayer is treated fairly and that you know and understand your rights. Filing late taxes for 2012   What can TAS do for you? We can offer you free help with IRS problems that you can't resolve on your own. Filing late taxes for 2012 We know this process can be confusing, but the worst thing you can do is nothing at all! TAS can help if you can't resolve your tax problem and: Your problem is causing financial difficulties for you, your family, or your business. Filing late taxes for 2012 You face (or your business is facing) an immediate threat of adverse action. Filing late taxes for 2012 You've tried repeatedly to contact the IRS but no one has responded, or the IRS hasn't responded by the date promised. Filing late taxes for 2012   If you qualify for our help, you'll be assigned to one advocate who'll be with you at every turn and will do everything possible to resolve your problem. Filing late taxes for 2012 Here's why we can help: TAS is an independent organization within the IRS. Filing late taxes for 2012 Our advocates know how to work with the IRS. Filing late taxes for 2012 Our services are free and tailored to meet your needs. Filing late taxes for 2012 We have offices in every state, the District of Columbia, and Puerto Rico. Filing late taxes for 2012   How can you reach us? If you think TAS can help you, call your local advocate, whose number is in your local directory and at Taxpayer Advocate, or call us toll-free at 1-877-777-4778. Filing late taxes for 2012   How else does TAS help taxpayers?  TAS also works to resolve large-scale, systemic problems that affect many taxpayers. Filing late taxes for 2012 If you know of one of these broad issues, please report it to us through our Systemic Advocacy Management System. Filing late taxes for 2012 Low Income Taxpayer Clinics Low Income Taxpayer Clinics (LITCs) serve individuals whose income is below a certain level and need to resolve tax problems such as audits, appeals and tax collection disputes. Filing late taxes for 2012 Some clinics can provide information about taxpayer rights and responsibilities in different languages for individuals who speak English as a second language. Filing late taxes for 2012 Visit Taxpayer Advocate or see IRS Publication 4134, Low Income Taxpayer Clinic List. Filing late taxes for 2012 Prev  Up  Next   Home   More Online Publications
Español

Science and Technology Podcasts from the U.S. Government

Government podcasts on topics such as NASA research, climate, energy, and the environment.

The Filing Late Taxes For 2012

Filing late taxes for 2012 10. Filing late taxes for 2012   Self-Employment (SE) Tax Table of Contents Who Must Pay SE Tax?Special Rules and Exceptions Figuring Earnings Subject to SE Tax Farm Optional Method Using Both Optional Methods Reporting Self-Employment Tax The SE tax rules apply no matter how old you are and even if you are already receiving social security and Medicare benefits. Filing late taxes for 2012 Who Must Pay SE Tax? Generally, you must pay SE tax and file Schedule SE (Form 1040) if your net earnings from self-employment were $400 or more. Filing late taxes for 2012 Use Schedule SE to figure net earnings from self-employment. Filing late taxes for 2012 Sole proprietor or independent contractor. Filing late taxes for 2012   If you are self-employed as a sole proprietor or independent contractor, you generally use Schedule C or C-EZ (Form 1040) to figure your earnings subject to SE tax. Filing late taxes for 2012 SE tax rate. Filing late taxes for 2012    For 2013, the SE tax rate on net earnings is 15. Filing late taxes for 2012 3% (12. Filing late taxes for 2012 4% social security tax plus 2. Filing late taxes for 2012 9% Medicare tax). Filing late taxes for 2012 Maximum earnings subject to self-employment tax. Filing late taxes for 2012    Only the first $113,700 of your combined wages, tips, and net earnings in 2013 is subject to any combination of the 12. Filing late taxes for 2012 4% social security part of SE tax, social security tax, or railroad retirement (tier 1) tax. Filing late taxes for 2012   All of your combined wages, tips, and net earnings in 2013 are subject to any combination of the 2. Filing late taxes for 2012 9% Medicare part of SE tax, social security tax, or railroad retirement (tier 1) tax. Filing late taxes for 2012   If your wages and tips are subject to either social security or railroad retirement (tier 1) tax, or both, and total at least $113,700, do not pay the 12. Filing late taxes for 2012 4% social security part of the SE tax on any of your net earnings. Filing late taxes for 2012 However, you must pay the 2. Filing late taxes for 2012 9% Medicare part of the SE tax on all your net earnings. Filing late taxes for 2012 Special Rules and Exceptions Aliens. Filing late taxes for 2012   Generally, resident aliens must pay self-employment tax under the same rules that apply to U. Filing late taxes for 2012 S. Filing late taxes for 2012 citizens. Filing late taxes for 2012 Nonresident aliens are not subject to SE tax unless an international social security agreement in effect determines that they are covered under the U. Filing late taxes for 2012 S. Filing late taxes for 2012 social security system. Filing late taxes for 2012 However, residents of the Virgin Islands, Puerto Rico, Guam, the Commonwealth of the Northern Mariana Islands, or American Samoa are subject to self-employment tax, as they are considered U. Filing late taxes for 2012 S. Filing late taxes for 2012 residents for self-employment tax purposes. Filing late taxes for 2012 For more information on aliens, see Publication 519, U. Filing late taxes for 2012 S. Filing late taxes for 2012 Tax Guide for Aliens. Filing late taxes for 2012 Child employed by parent. Filing late taxes for 2012   You are not subject to SE tax if you are under age 18 and you are working for your father or mother. Filing late taxes for 2012 Church employee. Filing late taxes for 2012    If you work for a church or a qualified church-controlled organization (other than as a minister or member of a religious order) that elected an exemption from social security and Medicare taxes, you are subject to SE tax if you receive $108. Filing late taxes for 2012 28 or more in wages from the church or organization. Filing late taxes for 2012 For more information, see Publication 517, Social Security and Other Information for Members of the Clergy and Religious Workers. Filing late taxes for 2012 Fishing crew member. Filing late taxes for 2012   If you are a member of the crew on a boat that catches fish or other water life, your earnings are subject to SE tax if all the following conditions apply. Filing late taxes for 2012 You do not get any pay for the work except your share of the catch or a share of the proceeds from the sale of the catch, unless the pay meets all the following conditions. Filing late taxes for 2012 The pay is not more than $100 per trip. Filing late taxes for 2012 The pay is received only if there is a minimum catch. Filing late taxes for 2012 The pay is solely for additional duties (such as mate, engineer, or cook) for which additional cash pay is traditional in the fishing industry. Filing late taxes for 2012 You get a share of the catch or a share of the proceeds from the sale of the catch. Filing late taxes for 2012 Your share depends on the amount of the catch. Filing late taxes for 2012 The boat's operating crew normally numbers fewer than 10 individuals. Filing late taxes for 2012 (An operating crew is considered as normally made up of fewer than 10 if the average size of the crew on trips made during the last four calendar quarters is fewer than 10. Filing late taxes for 2012 ) Notary public. Filing late taxes for 2012   Fees you receive for services you perform as a notary public are reported on Schedule C or C-EZ but are not subject to self-employment tax (see the Instructions for Schedule SE (Form 1040)). Filing late taxes for 2012 State or local government employee. Filing late taxes for 2012   You are subject to SE tax if you are an employee of a state or local government, are paid solely on a fee basis, and your services are not covered under a federal-state social security agreement. Filing late taxes for 2012 Foreign government or international organization employee. Filing late taxes for 2012   You are subject to SE tax if both the following conditions are true. Filing late taxes for 2012 You are a U. Filing late taxes for 2012 S. Filing late taxes for 2012 citizen employed in the United States, Puerto Rico, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, or the Virgin Islands by: A foreign government, A wholly-owned agency of a foreign government, or An international organization. Filing late taxes for 2012 Your employer is not required to withhold social security and Medicare taxes from your wages. Filing late taxes for 2012 U. Filing late taxes for 2012 S. Filing late taxes for 2012 citizen or resident alien residing abroad. Filing late taxes for 2012    If you are a self-employed U. Filing late taxes for 2012 S. Filing late taxes for 2012 citizen or resident alien living outside the United States, in most cases you must pay SE tax. Filing late taxes for 2012 Do not reduce your foreign earnings from self-employment by your foreign earned income exclusion. Filing late taxes for 2012 Exception. Filing late taxes for 2012    The United States has social security agreements with many countries to eliminate double taxation under two social security systems. Filing late taxes for 2012 Under these agreements, you generally must only pay social security and Medicare taxes to the country in which you live. Filing late taxes for 2012 The country to which you must pay the tax will issue a certificate which serves as proof of exemption from social security tax in the other country. Filing late taxes for 2012   For more information, see the Instructions for Schedule SE (Form 1040). Filing late taxes for 2012 More Than One Business If you have earnings subject to SE tax from more than one trade, business, or profession, you must combine the net profit (or loss) from each to determine your total earnings subject to SE tax. Filing late taxes for 2012 A loss from one business reduces your profit from another business. Filing late taxes for 2012 Community Property Income If any of the income from a trade or business, other than a partnership, is community property income under state law, it is included in the earnings subject to SE tax of the spouse carrying on the trade or business. Filing late taxes for 2012 Gain or Loss Do not include in earnings subject to SE tax a gain or loss from the disposition of property that is neither stock in trade nor held primarily for sale to customers. Filing late taxes for 2012 It does not matter whether the disposition is a sale, exchange, or an involuntary conversion. Filing late taxes for 2012 Lost Income Payments If you are self-employed and reduce or stop your business activities, any payment you receive from insurance or other sources for the lost business income is included in earnings subject to SE tax. Filing late taxes for 2012 If you are not working when you receive the payment, it still relates to your business and is included in earnings subject to SE tax, even though your business is temporarily inactive. Filing late taxes for 2012 Figuring Earnings Subject to SE Tax Methods for Figuring Net Earnings There are three ways to figure your net earnings from self-employment. Filing late taxes for 2012 The regular method. Filing late taxes for 2012 The nonfarm optional method. Filing late taxes for 2012 The farm optional method. Filing late taxes for 2012 You must use the regular method unless you are eligible to use one or both of the optional methods. Filing late taxes for 2012 Why use an optional method?    You may want to use the optional methods (discussed later) when you have a loss or a small net profit and any one of the following applies. Filing late taxes for 2012 You want to receive credit for social security benefit coverage. Filing late taxes for 2012 You incurred child or dependent care expenses for which you could claim a credit. Filing late taxes for 2012 (An optional method may increase your earned income, which could increase your credit. Filing late taxes for 2012 ) You are entitled to the earned income credit. Filing late taxes for 2012 (An optional method may increase your earned income, which could increase your credit. Filing late taxes for 2012 ) You are entitled to the additional child tax credit. Filing late taxes for 2012 (An optional method may increase your earned income, which could increase your credit. Filing late taxes for 2012 ) Effects of using an optional method. Filing late taxes for 2012   Using an optional method could increase your SE tax. Filing late taxes for 2012 Paying more SE tax could result in your getting higher benefits when you retire. Filing late taxes for 2012   If you use either or both optional methods, you must figure and pay the SE tax due under these methods even if you would have had a smaller tax or no tax using the regular method. Filing late taxes for 2012   The optional methods may be used only to figure your SE tax. Filing late taxes for 2012 To figure your income tax, include your actual earnings in gross income, regardless of which method you use to determine SE tax. Filing late taxes for 2012 Regular Method Multiply your total earnings subject to SE tax by 92. Filing late taxes for 2012 35% (. Filing late taxes for 2012 9235) to get your net earnings under the regular method. Filing late taxes for 2012 See Short Schedule SE, line 4, or Long Schedule SE, line 4a. Filing late taxes for 2012 Net earnings figured using the regular method are also called actual net earnings. Filing late taxes for 2012 Nonfarm Optional Method Use the nonfarm optional method only for earnings that do not come from farming. Filing late taxes for 2012 You may use this method if you meet all the following tests. Filing late taxes for 2012 You are self-employed on a regular basis. Filing late taxes for 2012 This means that your actual net earnings from self-employment were $400 or more in at least 2 of the 3 tax years before the one for which you use this method. Filing late taxes for 2012 The net earnings can be from either farm or nonfarm earnings or both. Filing late taxes for 2012 You have used this method less than 5 years. Filing late taxes for 2012 (There is a 5-year lifetime limit. Filing late taxes for 2012 ) The years do not have to be one after another. Filing late taxes for 2012 Your net nonfarm profits were: Less than $5,024, and Less than 72. Filing late taxes for 2012 189% of your gross nonfarm income. Filing late taxes for 2012 Net nonfarm profits. Filing late taxes for 2012   Net nonfarm profit generally is the total of the amounts from: Line 31, Schedule C (Form 1040), Line 3, Schedule C-EZ (Form 1040), Box 14, code A, Schedule K-1 (Form 1065) (from nonfarm partnerships), and Box 9, code J1, Schedule K-1 (Form 1065-B). Filing late taxes for 2012   However, you may need to adjust the amount reported on Schedule K-1 if you are a general partner or if it is a loss. Filing late taxes for 2012 Gross nonfarm income. Filing late taxes for 2012   Your gross nonfarm income generally is the total of the amounts from: Line 7, Schedule C (Form 1040), Line 1, Schedule C-EZ (Form 1040), Box 14, code C, Schedule K-1 (Form 1065) (from nonfarm partnerships), and Box 9, code J2, Schedule K-1 (Form 1065-B). Filing late taxes for 2012 Figuring Nonfarm Net Earnings If you meet the three tests explained earlier, use the following table to figure your net earnings from self-employment under the nonfarm optional method. Filing late taxes for 2012 Table 10-1. Filing late taxes for 2012 Figuring Nonfarm Net Earnings IF your gross nonfarm income is. Filing late taxes for 2012 . Filing late taxes for 2012 . Filing late taxes for 2012 THEN your net earnings are equal to. Filing late taxes for 2012 . Filing late taxes for 2012 . Filing late taxes for 2012 $6,960 or less Two-thirds of your gross nonfarm income. Filing late taxes for 2012 More than $6,960 $4,640 Actual net earnings. Filing late taxes for 2012   Your actual net earnings are 92. Filing late taxes for 2012 35% of your total earnings subject to SE tax (that is, multiply total earnings subject to SE tax by 92. Filing late taxes for 2012 35% (. Filing late taxes for 2012 9235) to get actual net earnings). Filing late taxes for 2012 Actual net earnings are equivalent to net earnings figured using the regular method. Filing late taxes for 2012 Optional net earnings less than actual net earnings. Filing late taxes for 2012   You cannot use this method to report an amount less than your actual net earnings from self-employment. Filing late taxes for 2012 Gross nonfarm income of $6,960 or less. Filing late taxes for 2012   The following examples illustrate how to figure net earnings when gross nonfarm income is $6,960 or less. Filing late taxes for 2012 Example 1. Filing late taxes for 2012 Net nonfarm profit less than $5,024 and less than 72. Filing late taxes for 2012 189% of gross nonfarm income. Filing late taxes for 2012 Ann Green runs a craft business. Filing late taxes for 2012 Her actual net earnings from self-employment were $800 in 2011 and $900 in 2012. Filing late taxes for 2012 She meets the test for being self-employed on a regular basis. Filing late taxes for 2012 She has used the nonfarm optional method less than 5 years. Filing late taxes for 2012 Her gross income and net profit in 2013 are as follows: Gross nonfarm income $5,400 Net nonfarm profit $1,200 Ann's actual net earnings for 2013 are $1,108 ($1,200 × . Filing late taxes for 2012 9235). Filing late taxes for 2012 Because her net profit is less than $5,024 and less than 72. Filing late taxes for 2012 189% of her gross income, she can use the nonfarm optional method to figure net earnings of $3,600 (2/3 × $5,400). Filing late taxes for 2012 Because these net earnings are higher than her actual net earnings, she can report net earnings of $3,600 for 2013. Filing late taxes for 2012 Example 2. Filing late taxes for 2012 Net nonfarm profit less than $5,024 but not less than 72. Filing late taxes for 2012 189% of gross nonfarm income. Filing late taxes for 2012 Assume that in Example 1 Ann's gross income is $1,000 and her net profit is $800. Filing late taxes for 2012 She must use the regular method to figure her net earnings. Filing late taxes for 2012 She cannot use the nonfarm optional method because her net profit is not less than 72. Filing late taxes for 2012 189% of her gross income. Filing late taxes for 2012 Example 3. Filing late taxes for 2012 Net loss from a nonfarm business. Filing late taxes for 2012 Assume that in Example 1 Ann has a net loss of $700. Filing late taxes for 2012 She can use the nonfarm optional method and report $3,600 (2/3 × $5,400) as her net earnings. Filing late taxes for 2012 Example 4. Filing late taxes for 2012 Nonfarm net earnings less than $400. Filing late taxes for 2012 Assume that in Example 1 Ann has gross income of $525 and a net profit of $175. Filing late taxes for 2012 In this situation, she would not pay any SE tax under either the regular method or the nonfarm optional method because her net earnings under both methods are less than $400. Filing late taxes for 2012 Gross nonfarm income of more than $6,960. Filing late taxes for 2012   The following examples illustrate how to figure net earnings when gross nonfarm income is more than $6,960. Filing late taxes for 2012 Example 1. Filing late taxes for 2012 Net nonfarm profit less than $5,024 and less than 72. Filing late taxes for 2012 189% of gross nonfarm income. Filing late taxes for 2012 John White runs an appliance repair shop. Filing late taxes for 2012 His actual net earnings from self-employment were $10,500 in 2011 and $9,500 in 2012. Filing late taxes for 2012 He meets the test for being self-employed on a regular basis. Filing late taxes for 2012 He has used the nonfarm optional method less than 5 years. Filing late taxes for 2012 His gross income and net profit in 2013 are as follows: Gross nonfarm income $12,000 Net nonfarm profit $1,200 John's actual net earnings for 2013 are $1,108 ($1,200 × . Filing late taxes for 2012 9235). Filing late taxes for 2012 Because his net profit is less than $5,024 and less than 72. Filing late taxes for 2012 189% of his gross income, he can use the nonfarm optional method to figure net earnings of $4,640. Filing late taxes for 2012 Because these net earnings are higher than his actual net earnings, he can report net earnings of $4,640 for 2013. Filing late taxes for 2012 Example 2. Filing late taxes for 2012 Net nonfarm profit not less than $5,024. Filing late taxes for 2012 Assume that in Example 1 John's net profit is $5,400. Filing late taxes for 2012 He must use the regular method. Filing late taxes for 2012 He cannot use the nonfarm optional method because his net nonfarm profit is not less than $5,024. Filing late taxes for 2012 Example 3. Filing late taxes for 2012 Net loss from a nonfarm business. Filing late taxes for 2012 Assume that in Example 1 John has a net loss of $700. Filing late taxes for 2012 He can use the nonfarm optional method and report $4,640 as his net earnings from self-employment. Filing late taxes for 2012 Farm Optional Method Use the farm optional method only for earnings from a farming business. Filing late taxes for 2012 See Publication 225 for information about this method. Filing late taxes for 2012 Using Both Optional Methods If you have both farm and nonfarm earnings, you may be able to use both optional methods to determine your net earnings from self-employment. Filing late taxes for 2012 To figure your net earnings using both optional methods, you must: Figure your farm and nonfarm net earnings separately under each method. Filing late taxes for 2012 Do not combine farm earnings with nonfarm earnings to figure your net earnings under either method. Filing late taxes for 2012 Add the net earnings figured under each method to arrive at your total net earnings from self-employment. Filing late taxes for 2012 You can report less than your total actual farm and nonfarm net earnings but not less than actual nonfarm net earnings. Filing late taxes for 2012 If you use both optional methods, you can report no more than $4,640 as your combined net earnings from self-employment. Filing late taxes for 2012 Example. Filing late taxes for 2012 You are a self-employed farmer. Filing late taxes for 2012 You also operate a retail grocery store. Filing late taxes for 2012 Your gross income, actual net earnings from self-employment, and optional farm and optional nonfarm net earnings from self-employment are shown in Table 10-2. Filing late taxes for 2012 Table 10-2. Filing late taxes for 2012 Example—Farm and Nonfarm Earnings Income and Earnings Farm Nonfarm Gross income $3,000 $6,000 Actual net earnings $900 $500 Optional net earnings (2/3 of gross income) $2,000 $4,000 Table 10-3 shows four methods or combinations of methods you can use to figure net earnings from self-employment using the farm and nonfarm gross income and actual net earnings shown in Table 10-2. Filing late taxes for 2012 Method 1. Filing late taxes for 2012 Using the regular method for both farm and nonfarm income. Filing late taxes for 2012 Method 2. Filing late taxes for 2012 Using the optional method for farm income and the regular method for nonfarm income. Filing late taxes for 2012 Method 3. Filing late taxes for 2012 Using the regular method for farm income and the optional method for nonfarm income. Filing late taxes for 2012 Method 4. Filing late taxes for 2012 Using the optional method for both farm and nonfarm income. Filing late taxes for 2012 Note. Filing late taxes for 2012 Actual net earnings is the same as net earnings figured using the regular method. Filing late taxes for 2012 Table 10-3. Filing late taxes for 2012 Example—Net Earnings Net Earnings 1 2 3 4 Actual  farm $ 900   $ 900   Optional  farm   $ 2,000   $ 2,000 Actual nonfarm $ 500 $ 500     Optional nonfarm     $4,000 $4,000 Amount you can report: $1,400 $2,500 $4,900 $4,640* *Limited to $4,640 because you used both optional methods. Filing late taxes for 2012 Fiscal Year Filer If you use a tax year other than the calendar year, you must use the tax rate and maximum earnings limit in effect at the beginning of your tax year. Filing late taxes for 2012 Even if the tax rate or maximum earnings limit changes during your tax year, continue to use the same rate and limit throughout your tax year. Filing late taxes for 2012 Reporting Self-Employment Tax Use Schedule SE (Form 1040) to figure and report your SE tax. Filing late taxes for 2012 Then enter the SE tax on line 56 of Form 1040 and attach Schedule SE to Form 1040. Filing late taxes for 2012 Most taxpayers can use Section A—Short Schedule SE to figure their SE tax. Filing late taxes for 2012 However, certain taxpayers must use Section B—Long Schedule SE. Filing late taxes for 2012 If you have to pay SE tax, you must file Form 1040 (with Schedule SE attached) even if you do not otherwise have to file a federal income tax return. Filing late taxes for 2012 Joint return. Filing late taxes for 2012   Even if you file a joint return, you cannot file a joint Schedule SE. Filing late taxes for 2012 This is true whether one spouse or both spouses have earnings subject to SE tax. Filing late taxes for 2012 If both of you have earnings subject to SE tax, each of you must complete a separate Schedule SE. Filing late taxes for 2012 However, if one spouse uses the Short Schedule SE and the other spouse has to use the Long Schedule SE, both can use the same form. Filing late taxes for 2012 Attach both schedules to the joint return. Filing late taxes for 2012 More than one business. Filing late taxes for 2012   If you have more than one trade or business, you must combine the net profit (or loss) from each business to figure your SE tax. Filing late taxes for 2012 A loss from one business will reduce your profit from another business. Filing late taxes for 2012 File one Schedule SE showing the earnings from self-employment, but file a separate Schedule C, C-EZ, or F for each business. Filing late taxes for 2012 Example. Filing late taxes for 2012 You are the sole proprietor of two separate businesses. Filing late taxes for 2012 You operate a restaurant that made a net profit of $25,000. Filing late taxes for 2012 You also have a cabinetmaking business that had a net loss of $500. Filing late taxes for 2012 You must file a Schedule C for the restaurant showing your net profit of $25,000 and another Schedule C for the cabinetmaking business showing your net loss of $500. Filing late taxes for 2012 You file Schedule SE showing total earnings subject to SE tax of $24,500. Filing late taxes for 2012 Prev  Up  Next   Home   More Online Publications