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Filing Tax Return Someone Love Died

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Filing Tax Return Someone Love Died

Filing tax return someone love died Publication 515 - Main Content Table of Contents Withholding of TaxWithholding Agent Withholding and Reporting Obligations Persons Subject to NRA WithholdingIdentifying the Payee Foreign Persons DocumentationBeneficial Owners Foreign Intermediaries and Foreign Flow-Through Entities Standards of Knowledge Presumption Rules Income Subject to NRA WithholdingSource of Income Fixed or Determinable Annual or Periodical Income (FDAP) Withholding on Specific IncomeEffectively Connected Income Income Not Effectively Connected Pay for Personal Services Performed Artists and Athletes (Income Codes 42 and 43) Other Income Foreign Governments and Certain Other Foreign Organizations U. Filing tax return someone love died S. Filing tax return someone love died Taxpayer Identification NumbersUnexpected payment. Filing tax return someone love died Depositing Withheld TaxesWhen Deposits Are Required Adjustment for Overwithholding Returns RequiredJoint owners. Filing tax return someone love died Electronic reporting. Filing tax return someone love died Partnership Withholding on Effectively Connected IncomeWho Must Withhold Foreign Partner Publicly Traded Partnerships U. Filing tax return someone love died S. Filing tax return someone love died Real Property InterestForeign corporations. Filing tax return someone love died Domestic corporations. Filing tax return someone love died U. Filing tax return someone love died S. Filing tax return someone love died real property holding corporations. Filing tax return someone love died Partnerships. Filing tax return someone love died Trusts and estates. Filing tax return someone love died Domestically controlled QIE. Filing tax return someone love died Late filing of certifications or notices. Filing tax return someone love died Certifications. Filing tax return someone love died Liability of agent or qualified substitute. Filing tax return someone love died Reporting and Paying the Tax Withholding Certificates Tax Treaty TablesTable 1 Table 2 Table 3 How To Get Tax HelpLow Income Taxpayer Clinics (LITCs). Filing tax return someone love died Withholding of Tax In most cases, a foreign person is subject to U. Filing tax return someone love died S. Filing tax return someone love died tax on its U. Filing tax return someone love died S. Filing tax return someone love died source income. Filing tax return someone love died Most types of U. Filing tax return someone love died S. Filing tax return someone love died source income received by a foreign person are subject to U. Filing tax return someone love died S. Filing tax return someone love died tax of 30%. Filing tax return someone love died A reduced rate, including exemption, may apply if there is a tax treaty between the foreign person's country of residence and the United States. Filing tax return someone love died The tax is generally withheld (NRA withholding) from the payment made to the foreign person. Filing tax return someone love died The term “NRA withholding” is used in this publication descriptively to refer to withholding required under sections 1441, 1442, and 1443 of the Internal Revenue Code. Filing tax return someone love died In most cases, NRA withholding describes the withholding regime that requires withholding on a payment of U. Filing tax return someone love died S. Filing tax return someone love died source income. Filing tax return someone love died Payments to foreign persons, including nonresident alien individuals, foreign entities, and governments, may be subject to NRA withholding. Filing tax return someone love died NRA withholding does not include withholding under section 1445 of the Code (see U. Filing tax return someone love died S. Filing tax return someone love died Real Property Interest, later) or under section 1446 of the Code (see Partnership Withholding on Effectively Connected Income , later). Filing tax return someone love died A withholding agent (defined next) is the person responsible for withholding on payments made to a foreign person. Filing tax return someone love died However, a withholding agent that can reliably associate the payment with documentation (discussed later) from a U. Filing tax return someone love died S. Filing tax return someone love died person is not required to withhold. Filing tax return someone love died In addition, a withholding agent may apply a reduced rate of withholding (including an exemption from withholding) if it can reliably associate the payment with documentation from a beneficial owner that is a foreign person entitled to a reduced rate of withholding. Filing tax return someone love died Withholding Agent You are a withholding agent if you are a U. Filing tax return someone love died S. Filing tax return someone love died or foreign person that has control, receipt, custody, disposal, or payment of any item of income of a foreign person that is subject to withholding. Filing tax return someone love died A withholding agent may be an individual, corporation, partnership, trust, association, nominee (under section 1446 of the Code), or any other entity, including any foreign intermediary, foreign partnership, or U. Filing tax return someone love died S. Filing tax return someone love died branch of certain foreign banks and insurance companies. Filing tax return someone love died You may be a withholding agent even if there is no requirement to withhold from a payment or even if another person has withheld the required amount from the payment. Filing tax return someone love died Although several persons may be withholding agents for a single payment, the full tax is required to be withheld only once. Filing tax return someone love died In most cases, the U. Filing tax return someone love died S. Filing tax return someone love died person who pays an amount subject to NRA withholding is the person responsible for withholding. Filing tax return someone love died However, other persons may be required to withhold. Filing tax return someone love died For example, a payment made by a flow-through entity or nonqualified intermediary that knows, or has reason to know, that the full amount of NRA withholding was not done by the person from which it receives a payment is required to do the appropriate withholding since it also falls within the definition of a withholding agent. Filing tax return someone love died In addition, withholding must be done by any qualified intermediary, withholding foreign partnership, or withholding foreign trust in accordance with the terms of its withholding agreement, discussed later. Filing tax return someone love died Liability for tax. Filing tax return someone love died   As a withholding agent, you are personally liable for any tax required to be withheld. Filing tax return someone love died This liability is independent of the tax liability of the foreign person to whom the payment is made. Filing tax return someone love died If you fail to withhold and the foreign payee fails to satisfy its U. Filing tax return someone love died S. Filing tax return someone love died tax liability, then both you and the foreign person are liable for tax, as well as interest and any applicable penalties. Filing tax return someone love died   The applicable tax will be collected only once. Filing tax return someone love died If the foreign person satisfies its U. Filing tax return someone love died S. Filing tax return someone love died tax liability, you are not liable for the tax but remain liable for any interest and penalties for failure to withhold. Filing tax return someone love died Determination of amount to withhold. Filing tax return someone love died   You must withhold on the gross amount subject to NRA withholding. Filing tax return someone love died You cannot reduce the gross amount by any deductions. Filing tax return someone love died However, see Scholarships and Fellowship Grants and Pay for Personal Services Performed , later, for when a deduction for a personal exemption may be allowed. Filing tax return someone love died   If the determination of the source of the income or the amount subject to tax depends on facts that are not known at the time of payment, you must withhold an amount sufficient to ensure that at least 30% of the amount subsequently determined to be subject to withholding is withheld. Filing tax return someone love died In no case, however, should you withhold more than 30% of the total amount paid. Filing tax return someone love died Or, you may make a reasonable estimate of the amount from U. Filing tax return someone love died S. Filing tax return someone love died sources and put a corresponding part of the amount due in escrow until the amount from U. Filing tax return someone love died S. Filing tax return someone love died sources can be determined, at which time withholding becomes due. Filing tax return someone love died When to withhold. Filing tax return someone love died   Withholding is required at the time you make a payment of an amount subject to withholding. Filing tax return someone love died A payment is made to a person if that person realizes income, whether or not there is an actual transfer of cash or other property. Filing tax return someone love died A payment is considered made to a person if it is paid for that person's benefit. Filing tax return someone love died For example, a payment made to a creditor of a person in satisfaction of that person's debt to the creditor is considered made to the person. Filing tax return someone love died A payment also is considered made to a person if it is made to that person's agent. Filing tax return someone love died   A U. Filing tax return someone love died S. Filing tax return someone love died partnership should withhold when any distributions that include amounts subject to withholding are made. Filing tax return someone love died However, if a foreign partner's distributive share of income subject to withholding is not actually distributed, the U. Filing tax return someone love died S. Filing tax return someone love died partnership must withhold on the foreign partner's distributive share of the income on the earlier of the date that a Schedule K-1 (Form 1065) is provided or mailed to the partner or the due date for furnishing that schedule. Filing tax return someone love died If the distributable amount consists of effectively connected income, see Partnership Withholding on Effectively Connected Income , later. Filing tax return someone love died A U. Filing tax return someone love died S. Filing tax return someone love died trust is required to withhold on the amount includible in the gross income of a foreign beneficiary to the extent the trust's distributable net income consists of an amount subject to withholding. Filing tax return someone love died To the extent a U. Filing tax return someone love died S. Filing tax return someone love died trust is required to distribute an amount subject to withholding but does not actually distribute the amount, it must withhold on the foreign beneficiary's allocable share at the time the income is required to be reported on Form 1042-S. Filing tax return someone love died Withholding and Reporting Obligations You are required to report payments subject to NRA withholding on Form 1042-S and to file a tax return on Form 1042. Filing tax return someone love died (See Returns Required , later. Filing tax return someone love died ) An exception from reporting may apply to individuals who are not required to withhold from a payment and who do not make the payment in the course of their trade or business. Filing tax return someone love died Form 1099 reporting and backup withholding. Filing tax return someone love died    You also may be responsible as a payer for reporting on Form 1099 payments made to a U. Filing tax return someone love died S. Filing tax return someone love died person. Filing tax return someone love died You must withhold 28% (backup withholding rate) from a reportable payment made to a U. Filing tax return someone love died S. Filing tax return someone love died person that is subject to Form 1099 reporting if any of the following apply. Filing tax return someone love died The U. Filing tax return someone love died S. Filing tax return someone love died person has not provided its taxpayer identification number (TIN) in the manner required. Filing tax return someone love died The IRS notifies you that the TIN furnished by the payee is incorrect. Filing tax return someone love died There has been a notified payee underreporting. Filing tax return someone love died There has been a payee certification failure. Filing tax return someone love died In most cases, a TIN must be provided by a U. Filing tax return someone love died S. Filing tax return someone love died non-exempt recipient on Form W-9, Request for Taxpayer Identification Number and Certification. Filing tax return someone love died A payer files a tax return on Form 945, Annual Return of Withheld Federal Income Tax, for backup withholding. Filing tax return someone love died You may be required to file Form 1099 and, if appropriate, backup withhold, even if you do not make the payments directly to that U. Filing tax return someone love died S. Filing tax return someone love died person. Filing tax return someone love died For example, you are required to report income paid to a foreign intermediary or flow-through entity that collects for a U. Filing tax return someone love died S. Filing tax return someone love died person subject to Form 1099 reporting. Filing tax return someone love died See Identifying the Payee , later, for more information. Filing tax return someone love died Also see Section S. Filing tax return someone love died Special Rules for Reporting Payments Made Through Foreign Intermediaries and Foreign Flow-Through Entities on Form 1099 in the General Instructions for Certain Information Returns. Filing tax return someone love died Foreign persons who provide Form W-8BEN, Form W-8ECI, or Form W-8EXP (or applicable documentary evidence) are exempt from backup withholding and Form 1099 reporting. Filing tax return someone love died Wages paid to employees. Filing tax return someone love died   If you are the employer of a nonresident alien, you generally must withhold taxes at graduated rates. Filing tax return someone love died See Pay for Personal Services Performed , later. Filing tax return someone love died Effectively connected income by partnerships. Filing tax return someone love died   A withholding agent that is a partnership (whether U. Filing tax return someone love died S. Filing tax return someone love died or foreign) is also responsible for withholding on its income effectively connected with a U. Filing tax return someone love died S. Filing tax return someone love died trade or business that is allocable to foreign partners. Filing tax return someone love died See Partnership Withholding on Effectively Connected Income , later, for more information. Filing tax return someone love died U. Filing tax return someone love died S. Filing tax return someone love died real property interest. Filing tax return someone love died   A withholding agent also may be responsible for withholding if a foreign person transfers a U. Filing tax return someone love died S. Filing tax return someone love died real property interest to the agent, or if it is a corporation, partnership, trust, or estate that distributes a U. Filing tax return someone love died S. Filing tax return someone love died real property interest to a shareholder, partner, or beneficiary that is a foreign person. Filing tax return someone love died See U. Filing tax return someone love died S. Filing tax return someone love died Real Property Interest , later. Filing tax return someone love died Persons Subject to NRA Withholding NRA withholding applies only to payments made to a payee that is a foreign person. Filing tax return someone love died It does not apply to payments made to U. Filing tax return someone love died S. Filing tax return someone love died persons. Filing tax return someone love died Usually, you determine the payee's status as a U. Filing tax return someone love died S. Filing tax return someone love died or foreign person based on the documentation that person provides. Filing tax return someone love died See Documentation , later. Filing tax return someone love died However, if you have received no documentation or you cannot reliably associate all or a part of a payment with documentation, then you must apply certain presumption rules, discussed later. Filing tax return someone love died Identifying the Payee In most cases, the payee is the person to whom you make the payment, regardless of whether that person is the beneficial owner of the income. Filing tax return someone love died However, there are situations in which the payee is a person other than the one to whom you actually make a payment. Filing tax return someone love died U. Filing tax return someone love died S. Filing tax return someone love died agent of foreign person. Filing tax return someone love died   If you make a payment to a U. Filing tax return someone love died S. Filing tax return someone love died person and you have actual knowledge that the U. Filing tax return someone love died S. Filing tax return someone love died person is receiving the payment as an agent of a foreign person, you must treat the payment as made to the foreign person. Filing tax return someone love died However, if the U. Filing tax return someone love died S. Filing tax return someone love died person is a financial institution, you may treat the institution as the payee provided you have no reason to believe that the institution will not comply with its own obligation to withhold. Filing tax return someone love died   If the payment is not subject to NRA withholding (for example, gross proceeds from the sales of securities), you must treat the payment as made to a U. Filing tax return someone love died S. Filing tax return someone love died person and not as a payment to a foreign person. Filing tax return someone love died You may be required to report the payment on Form 1099 and, if applicable, backup withhold. Filing tax return someone love died Disregarded entities. Filing tax return someone love died   A business entity that is not a corporation and that has a single owner may be disregarded as an entity separate from its owner (a disregarded entity) for federal tax purposes. Filing tax return someone love died The payee of a payment made to a disregarded entity is the owner of the entity. Filing tax return someone love died   If the owner of the entity is a foreign person, you must apply NRA withholding unless you can treat the foreign owner as a beneficial owner entitled to a reduced rate of withholding. Filing tax return someone love died   If the owner is a U. Filing tax return someone love died S. Filing tax return someone love died person, you do not apply NRA withholding. Filing tax return someone love died However, you may be required to report the payment on Form 1099 and, if applicable, backup withhold. Filing tax return someone love died You may assume that a foreign entity is not a disregarded entity unless you can reliably associate the payment with documentation provided by the owner or you have actual knowledge or reason to know that the foreign entity is a disregarded entity. Filing tax return someone love died Flow-Through Entities The payees of payments (other than income effectively connected with a U. Filing tax return someone love died S. Filing tax return someone love died trade or business) made to a foreign flow-through entity are the owners or beneficiaries of the flow-through entity. Filing tax return someone love died This rule applies for purposes of NRA withholding and for Form 1099 reporting and backup withholding. Filing tax return someone love died Income that is, or is deemed to be, effectively connected with the conduct of a U. Filing tax return someone love died S. Filing tax return someone love died trade or business of a flow-through entity is treated as paid to the entity. Filing tax return someone love died All of the following are flow-through entities. Filing tax return someone love died A foreign partnership (other than a withholding foreign partnership). Filing tax return someone love died A foreign simple or foreign grantor trust (other than a withholding foreign trust). Filing tax return someone love died A fiscally transparent entity receiving income for which treaty benefits are claimed. Filing tax return someone love died See Fiscally transparent entity , later. Filing tax return someone love died In most cases, you treat a payee as a flow-through entity if it provides you with a Form W-8IMY (see Documentation , later) on which it claims such status. Filing tax return someone love died You also may be required to treat the entity as a flow-through entity under the presumption rules, discussed later. Filing tax return someone love died You must determine whether the owners or beneficiaries of a flow-through entity are U. Filing tax return someone love died S. Filing tax return someone love died or foreign persons, how much of the payment relates to each owner or beneficiary, and, if the owner or beneficiary is foreign, whether a reduced rate of NRA withholding applies. Filing tax return someone love died You make these determinations based on the documentation and other information (contained in a withholding statement) that is associated with the flow-through entity's Form W-8IMY. Filing tax return someone love died If you do not have all of the information that is required to reliably associate a payment with a specific payee, you must apply the presumption rules. Filing tax return someone love died See Documentation and Presumption Rules , later. Filing tax return someone love died Withholding foreign partnerships and withholding foreign trusts are not flow-through entities. Filing tax return someone love died Foreign partnerships. Filing tax return someone love died    A foreign partnership is any partnership that is not organized under the laws of any state of the United States or the District of Columbia or any partnership that is treated as foreign under the income tax regulations. Filing tax return someone love died If a foreign partnership is not a withholding foreign partnership, the payees of income are the partners of the partnership, provided the partners are not themselves a flow-through entity or a foreign intermediary. Filing tax return someone love died However, the payee is the partnership itself if the partnership is claiming treaty benefits on the basis that it is not fiscally transparent and that it meets all the other requirements for claiming treaty benefits. Filing tax return someone love died If a partner is a foreign flow-through entity or a foreign intermediary, you apply the payee determination rules to that partner to determine the payees. Filing tax return someone love died Example 1. Filing tax return someone love died A nonwithholding foreign partnership has three partners: a nonresident alien individual; a foreign corporation; and a U. Filing tax return someone love died S. Filing tax return someone love died citizen. Filing tax return someone love died You make a payment of U. Filing tax return someone love died S. Filing tax return someone love died source interest to the partnership. Filing tax return someone love died It gives you a Form W-8IMY with which it associates Form W-8BEN from the nonresident alien; Form W-8BEN from the foreign corporation; and Form W-9 from the U. Filing tax return someone love died S. Filing tax return someone love died citizen. Filing tax return someone love died The partnership also gives you a complete withholding statement that enables you to associate a part of the interest payment to each partner. Filing tax return someone love died You must treat all three partners as the payees of the interest payment as if the payment were made directly to them. Filing tax return someone love died Report the payment to the nonresident alien and the foreign corporation on Forms 1042-S. Filing tax return someone love died Report the payment to the U. Filing tax return someone love died S. Filing tax return someone love died citizen on Form 1099-INT. Filing tax return someone love died Example 2. Filing tax return someone love died A nonwithholding foreign partnership has two partners: a foreign corporation and a nonwithholding foreign partnership. Filing tax return someone love died The second partnership has two partners, both nonresident alien individuals. Filing tax return someone love died You make a payment of U. Filing tax return someone love died S. Filing tax return someone love died source interest to the first partnership. Filing tax return someone love died It gives you a valid Form W-8IMY with which it associates a Form W-8BEN from the foreign corporation and a Form W-8IMY from the second partnership. Filing tax return someone love died In addition, Forms W-8BEN from the partners are associated with the Form W-8IMY from the second partnership. Filing tax return someone love died The Forms W-8IMY from the partnerships have complete withholding statements associated with them. Filing tax return someone love died Because you can reliably associate a part of the interest payment with the Form W-8BEN provided by the foreign corporation and the Forms W-8BEN provided by the nonresident alien individual partners as a result of the withholding statements, you must treat them as the payees of the interest. Filing tax return someone love died Example 3. Filing tax return someone love died You make a payment of U. Filing tax return someone love died S. Filing tax return someone love died source dividends to a withholding foreign partnership. Filing tax return someone love died The partnership has two partners, both foreign corporations. Filing tax return someone love died You can reliably associate the payment with a valid Form W-8IMY from the partnership on which it represents that it is a withholding foreign partnership. Filing tax return someone love died You must treat the partnership as the payee of the dividends. Filing tax return someone love died Foreign simple and grantor trust. Filing tax return someone love died   A trust is foreign unless it meets both of the following tests. Filing tax return someone love died A court within the United States is able to exercise primary supervision over the administration of the trust. Filing tax return someone love died One or more U. Filing tax return someone love died S. Filing tax return someone love died persons have the authority to control all substantial decisions of the trust. Filing tax return someone love died   In most cases, a foreign simple trust is a foreign trust that is required to distribute all of its income annually. Filing tax return someone love died A foreign grantor trust is a foreign trust that is treated as a grantor trust under sections 671 through 679 of the Code. Filing tax return someone love died   The payees of a payment made to a foreign simple trust are the beneficiaries of the trust. Filing tax return someone love died The payees of a payment made to a foreign grantor trust are the owners of the trust. Filing tax return someone love died However, the payee is the foreign simple or grantor trust itself if the trust is claiming treaty benefits on the basis that it is not fiscally transparent and that it meets all the other requirements for claiming treaty benefits. Filing tax return someone love died If the beneficiaries or owners are themselves flow-through entities or foreign intermediaries, you apply the payee determination rules to that beneficiary or owner to determine the payees. Filing tax return someone love died Example. Filing tax return someone love died A foreign simple trust has three beneficiaries: two nonresident alien individuals and a U. Filing tax return someone love died S. Filing tax return someone love died citizen. Filing tax return someone love died You make a payment of interest to the foreign trust. Filing tax return someone love died It gives you a Form W-8IMY with which it associates Forms W-8BEN from the nonresident aliens and a Form W-9 from the U. Filing tax return someone love died S. Filing tax return someone love died citizen. Filing tax return someone love died The trust also gives you a complete withholding statement that enables you to associate a part of the interest payment with the forms provided by each beneficiary. Filing tax return someone love died You must treat all three beneficiaries as the payees of the interest payment as if the payment were made directly to them. Filing tax return someone love died Report the payment to the nonresident aliens on Forms 1042-S. Filing tax return someone love died Report the payment to the U. Filing tax return someone love died S. Filing tax return someone love died citizen on Form 1099-INT. Filing tax return someone love died Fiscally transparent entity. Filing tax return someone love died   If a reduced rate of withholding under an income tax treaty is claimed, a flow-through entity includes any entity in which the interest holder must treat the entity as fiscally transparent. Filing tax return someone love died The determination of whether an entity is fiscally transparent is made on an item of income basis (that is, the determination is made separately for interest, dividends, royalties, etc. Filing tax return someone love died ). Filing tax return someone love died The interest holder in an entity makes the determination by applying the laws of the jurisdiction where the interest holder is organized, incorporated, or otherwise considered a resident. Filing tax return someone love died An entity is considered to be fiscally transparent for the income to the extent the laws of that jurisdiction require the interest holder to separately take into account on a current basis the interest holder's share of the income, whether or not distributed to the interest holder, and the character and source of the income to the interest holder are determined as if the income was realized directly from the source that paid it to the entity. Filing tax return someone love died Subject to the standards of knowledge rules discussed later, you generally make the determination that an entity is fiscally transparent based on a Form W-8IMY provided by the entity. Filing tax return someone love died   The payees of a payment made to a fiscally transparent entity are the interest holders of the entity. Filing tax return someone love died Example. Filing tax return someone love died Entity A is a business organization organized under the laws of country X that has an income tax treaty in force with the United States. Filing tax return someone love died A has two interest holders, B and C. Filing tax return someone love died B is a corporation organized under the laws of country Y. Filing tax return someone love died C is a corporation organized under the laws of country Z. Filing tax return someone love died Both countries Y and Z have an income tax treaty in force with the United States. Filing tax return someone love died A receives royalty income from U. Filing tax return someone love died S. Filing tax return someone love died sources that is not effectively connected with the conduct of a trade or business in the United States. Filing tax return someone love died For U. Filing tax return someone love died S. Filing tax return someone love died income tax purposes, A is treated as a partnership. Filing tax return someone love died Country X treats A as a partnership and requires the interest holders in A to separately take into account on a current basis their respective shares of the income paid to A even if the income is not distributed. Filing tax return someone love died The laws of country X provide that the character and source of the income to A's interest holders are determined as if the income was realized directly from the source that paid it to A. Filing tax return someone love died Accordingly, A is fiscally transparent in its jurisdiction, country X. Filing tax return someone love died B and C are not fiscally transparent under the laws of their respective countries of incorporation. Filing tax return someone love died Country Y requires B to separately take into account on a current basis B's share of the income paid to A, and the character and source of the income to B is determined as if the income was realized directly from the source that paid it to A. Filing tax return someone love died Accordingly, A is fiscally transparent for that income under the laws of country Y, and B is treated as deriving its share of the U. Filing tax return someone love died S. Filing tax return someone love died source royalty income for purposes of the U. Filing tax return someone love died S. Filing tax return someone love died -Y income tax treaty. Filing tax return someone love died Country Z, on the other hand, treats A as a corporation and does not require C to take into account its share of A's income on a current basis whether or not distributed. Filing tax return someone love died Therefore, A is not treated as fiscally transparent under the laws of country Z. Filing tax return someone love died Accordingly, C is not treated as deriving its share of the U. Filing tax return someone love died S. Filing tax return someone love died source royalty income for purposes of the U. Filing tax return someone love died S. Filing tax return someone love died -Z income tax treaty. Filing tax return someone love died Foreign Intermediaries In most cases, if you make payments to a foreign intermediary, the payees are the persons for whom the foreign intermediary collects the payment, such as account holders or customers, not the intermediary itself. Filing tax return someone love died This rule applies for purposes of NRA withholding and for Form 1099 reporting and backup withholding. Filing tax return someone love died You may, however, treat a qualified intermediary that has assumed primary withholding responsibility for a payment as the payee, and you are not required to withhold. Filing tax return someone love died An intermediary is a custodian, broker, nominee, or any other person that acts as an agent for another person. Filing tax return someone love died A foreign intermediary is either a qualified intermediary or a nonqualified intermediary. Filing tax return someone love died In most cases, you determine whether an entity is a qualified intermediary or a nonqualified intermediary based on the representations the intermediary makes on Form W-8IMY. Filing tax return someone love died You must determine whether the customers or account holders of a foreign intermediary are U. Filing tax return someone love died S. Filing tax return someone love died or foreign persons and, if the account holder or customer is foreign, whether a reduced rate of NRA withholding applies. Filing tax return someone love died You make these determinations based on the foreign intermediary's Form W-8IMY and associated information and documentation. Filing tax return someone love died If you do not have all of the information or documentation that is required to reliably associate a payment with a payee, you must apply the presumption rules. Filing tax return someone love died See Documentation and Presumption Rules , later. Filing tax return someone love died Nonqualified intermediary. Filing tax return someone love died   A nonqualified intermediary (NQI) is any intermediary that is a foreign person and that is not a qualified intermediary. Filing tax return someone love died The payees of a payment made to an NQI are the customers or account holders on whose behalf the NQI is acting. Filing tax return someone love died Example. Filing tax return someone love died You make a payment of interest to a foreign bank that is a nonqualified intermediary. Filing tax return someone love died The bank gives you a Form W-8IMY and the Forms W-8BEN of two foreign persons, and a Form W-9 from a U. Filing tax return someone love died S. Filing tax return someone love died person for whom the bank is collecting the payments. Filing tax return someone love died The bank also associates with its Form W-8IMY a withholding statement on which it allocates the interest payment to each account holder and provides all other information required to be on the withholding statement. Filing tax return someone love died The account holders are the payees of the interest payment. Filing tax return someone love died You should report the part of the interest paid to the two foreign persons on Forms 1042-S and the part paid to the U. Filing tax return someone love died S. Filing tax return someone love died person on Form 1099-INT. Filing tax return someone love died Qualified intermediary. Filing tax return someone love died   A qualified intermediary (QI) is any foreign intermediary (or foreign branch of a U. Filing tax return someone love died S. Filing tax return someone love died intermediary) that has entered into a qualified intermediary withholding agreement (discussed later) with the IRS. Filing tax return someone love died You may treat a QI as a payee to the extent the QI assumes primary withholding responsibility or primary Form 1099 reporting and backup withholding responsibility for a payment. Filing tax return someone love died In this situation, the QI is required to withhold the tax. Filing tax return someone love died You can determine whether a QI has assumed responsibility from the Form W-8IMY provided by the QI. Filing tax return someone love died   A payment to a QI to the extent it does not assume primary NRA withholding responsibility is considered made to the person on whose behalf the QI acts. Filing tax return someone love died If a QI does not assume Form 1099 reporting and backup withholding responsibility, you must report on Form 1099 and, if applicable, backup withhold as if you were making the payment directly to the U. Filing tax return someone love died S. Filing tax return someone love died person. Filing tax return someone love died Branches of financial institutions. Filing tax return someone love died   Branches of financial institutions are not permitted to operate as QIs if they are located outside of countries having approved “know-your-customer” (KYC) rules. Filing tax return someone love died The countries with approved KYC rules are listed on IRS. Filing tax return someone love died gov. Filing tax return someone love died QI withholding agreement. Filing tax return someone love died   Foreign financial institutions and foreign branches of U. Filing tax return someone love died S. Filing tax return someone love died financial institutions can enter into an agreement with the IRS to be a qualified intermediary. Filing tax return someone love died   A QI is entitled to certain simplified withholding and reporting rules. Filing tax return someone love died In general, there are three major areas whereby intermediaries with QI status are afforded such simplified treatment. Filing tax return someone love died   To apply for QI status, complete Form 14345, Qualified Intermediary Application, and Form SS-4, Application for Employer Identification Number. Filing tax return someone love died These forms, and the procedures required to obtain a QI withholding agreement are available at www. Filing tax return someone love died irs. Filing tax return someone love died gov/Businesses/Corporations/Qualified-Intermediaries-(QI). Filing tax return someone love died Documentation. Filing tax return someone love died   A QI is not required to forward documentation obtained from foreign account holders to the U. Filing tax return someone love died S. Filing tax return someone love died withholding agent from whom the QI receives a payment of U. Filing tax return someone love died S. Filing tax return someone love died source income. Filing tax return someone love died The QI maintains such documentation at its location and provides the U. Filing tax return someone love died S. Filing tax return someone love died withholding agent with withholding rate pools. Filing tax return someone love died A withholding rate pool is a payment of a single type of income that is subject to a single rate of withholding. Filing tax return someone love died   A QI is required to provide the U. Filing tax return someone love died S. Filing tax return someone love died withholding agent with information regarding U. Filing tax return someone love died S. Filing tax return someone love died persons subject to Form 1099 information reporting unless the QI assumes the primary obligation to do Form 1099 reporting and backup withholding. Filing tax return someone love died   If a QI obtains documentary evidence under the “know-your-customer” rules that apply to the QI under local law, and the documentary evidence is of a type specified in an attachment to the QI agreement, the documentary evidence remains valid until there is a change in circumstances or the QI knows the information is incorrect. Filing tax return someone love died This indefinite validity period rule does not apply to Forms W-8 or to documentary evidence that is not of the type specified in the attachment to the agreement. Filing tax return someone love died Form 1042-S reporting. Filing tax return someone love died   A QI is permitted to report payments made to its direct foreign account holders on a pooled basis rather than reporting payments to each direct account holder specifically. Filing tax return someone love died Pooled basis reporting is not available for payments to certain account holders, such as a nonqualified intermediary or a flow-through entity (discussed earlier). Filing tax return someone love died Collective refund procedures. Filing tax return someone love died   A QI may seek a refund on behalf of its direct account holders. Filing tax return someone love died The direct account holders, therefore, are not required to file returns with the IRS to obtain refunds, but rather may obtain them from the QI. Filing tax return someone love died U. Filing tax return someone love died S. Filing tax return someone love died branches of foreign banks and foreign insurance companies. Filing tax return someone love died   Special rules apply to a U. Filing tax return someone love died S. Filing tax return someone love died branch of a foreign bank subject to Federal Reserve Board supervision or a foreign insurance company subject to state regulatory supervision. Filing tax return someone love died If you agree to treat the branch as a U. Filing tax return someone love died S. Filing tax return someone love died person, you may treat the branch as a U. Filing tax return someone love died S. Filing tax return someone love died payee for a payment subject to NRA withholding provided you receive a Form W-8IMY from the U. Filing tax return someone love died S. Filing tax return someone love died branch on which the agreement is evidenced. Filing tax return someone love died If you treat the branch as a U. Filing tax return someone love died S. Filing tax return someone love died payee, you are not required to withhold. Filing tax return someone love died Even though you agree to treat the branch as a U. Filing tax return someone love died S. Filing tax return someone love died person, you must report the payment on Form 1042-S. Filing tax return someone love died   A financial institution organized in a U. Filing tax return someone love died S. Filing tax return someone love died possession is treated as a U. Filing tax return someone love died S. Filing tax return someone love died branch. Filing tax return someone love died The special rules discussed in this section apply to a possessions financial institution. Filing tax return someone love died   If you are paying a U. Filing tax return someone love died S. Filing tax return someone love died branch an amount that is not subject to NRA withholding, treat the payment as made to a foreign person, irrespective of any agreement to treat the branch as a U. Filing tax return someone love died S. Filing tax return someone love died person for amounts subject to NRA withholding. Filing tax return someone love died Consequently, amounts not subject to NRA withholding that are paid to a U. Filing tax return someone love died S. Filing tax return someone love died branch are not subject to Form 1099 reporting or backup withholding. Filing tax return someone love died   Alternatively, a U. Filing tax return someone love died S. Filing tax return someone love died branch may provide you with a Form W-8IMY with which it associates the documentation of the persons on whose behalf it acts. Filing tax return someone love died In this situation, the payees are the persons on whose behalf the branch acts provided you can reliably associate the payment with valid documentation from those persons. Filing tax return someone love died See Nonqualified Intermediaries under  Documentation, later. Filing tax return someone love died   If the U. Filing tax return someone love died S. Filing tax return someone love died branch does not provide you with a Form W-8IMY, then you should treat a payment subject to NRA withholding as made to the foreign person of which the branch is a part and the income as effectively connected with the conduct of a trade or business in the United States. Filing tax return someone love died Withholding foreign partnership and foreign trust. Filing tax return someone love died   A withholding foreign partnership (WP) is any foreign partnership that has entered into a WP withholding agreement with the IRS and is acting in that capacity. Filing tax return someone love died A withholding foreign trust (WT) is a foreign simple or grantor trust that has entered into a WT withholding agreement with the IRS and is acting in that capacity. Filing tax return someone love died   A WP or WT may act in that capacity only for payments of amounts subject to NRA withholding that are distributed to, or included in the distributive share of, its direct partners, beneficiaries, or owners. Filing tax return someone love died A WP or WT acting in that capacity must assume NRA withholding responsibility for these amounts. Filing tax return someone love died You may treat a WP or WT as a payee if it has provided you with documentation (discussed later) that represents that it is acting as a WP or WT for such amounts. Filing tax return someone love died WP and WT withholding agreements. Filing tax return someone love died   The WP and WT withholding agreements and the application procedures for the agreements are in Revenue Procedure 2003-64. Filing tax return someone love died Also see the following items. Filing tax return someone love died Revenue Procedure 2004-21. Filing tax return someone love died Revenue Procedure 2005-77. Filing tax return someone love died Employer identification number (EIN). Filing tax return someone love died   A completed Form SS-4 must be submitted with the application for being a WP or WT. Filing tax return someone love died The WP or WT will be assigned a WP-EIN or WT-EIN to be used only when acting in that capacity. Filing tax return someone love died Documentation. Filing tax return someone love died   A WP or WT must provide you with a Form W-8IMY that certifies that the WP or WT is acting in that capacity and a written statement identifying the amounts for which it is so acting. Filing tax return someone love died The statement is not required to contain withholding rate pool information or any information relating to the identity of a direct partner, beneficiary, or owner. Filing tax return someone love died The Form W-8IMY must contain the WP-EIN or WT-EIN. Filing tax return someone love died Foreign Persons A payee is subject to NRA withholding only if it is a foreign person. Filing tax return someone love died A foreign person includes a nonresident alien individual, foreign corporation, foreign partnership, foreign trust, foreign estate, and any other person that is not a U. Filing tax return someone love died S. Filing tax return someone love died person. Filing tax return someone love died It also includes a foreign branch of a U. Filing tax return someone love died S. Filing tax return someone love died financial institution if the foreign branch is a qualified intermediary. Filing tax return someone love died In most cases, the U. Filing tax return someone love died S. Filing tax return someone love died branch of a foreign corporation or partnership is treated as a foreign person. Filing tax return someone love died Nonresident alien. Filing tax return someone love died   A nonresident alien is an individual who is not a U. Filing tax return someone love died S. Filing tax return someone love died citizen or a resident alien. Filing tax return someone love died A resident of a foreign country under the residence article of an income tax treaty is a nonresident alien individual for purposes of withholding. Filing tax return someone love died Married to U. Filing tax return someone love died S. Filing tax return someone love died citizen or resident alien. Filing tax return someone love died   Nonresident alien individuals married to U. Filing tax return someone love died S. Filing tax return someone love died citizens or resident aliens may choose to be treated as resident aliens for certain income tax purposes. Filing tax return someone love died However, these individuals are still subject to the NRA withholding rules that apply to nonresident aliens for all income except wages. Filing tax return someone love died Wages paid to these individuals are subject to graduated withholding. Filing tax return someone love died See Wages Paid to Employees—Graduated Withholding . Filing tax return someone love died Resident alien. Filing tax return someone love died   A resident alien is an individual who is not a citizen or national of the United States and who meets either the green card test or the substantial presence test for the calendar year. Filing tax return someone love died Green card test. Filing tax return someone love died An alien is a resident alien if the individual was a lawful permanent resident of the United States at any time during the calendar year. Filing tax return someone love died This is known as the green card test because these aliens hold immigrant visas (also known as green cards). Filing tax return someone love died Substantial presence test. Filing tax return someone love died An alien is considered a resident alien if the individual meets the substantial presence test for the calendar year. Filing tax return someone love died Under this test, the individual must be physically present in the United States on at least: 31 days during the current calendar year, and 183 days during the current year and the 2 preceding years, counting all the days of physical presence in the current year, but only 1/3 the number of days of presence in the first preceding year, and only 1/6 the number of days in the second preceding year. Filing tax return someone love died   In most cases, the days the alien is in the United States as a teacher, student, or trainee on an “F,” “J,” “M,” or “Q” visa are not counted. Filing tax return someone love died This exception is for a limited period of time. Filing tax return someone love died   For more information on resident and nonresident status, the tests for residence, and the exceptions to them, see Publication 519. Filing tax return someone love died Note. Filing tax return someone love died   If your employee is late in notifying you that his or her status changed from nonresident alien to resident alien, you may have to make an adjustment to Form 941 if that employee was exempt from withholding of social security and Medicare taxes as a nonresident alien. Filing tax return someone love died For more information on making adjustments, see chapter 13 of Publication 15 (Circular E). Filing tax return someone love died Resident of a U. Filing tax return someone love died S. Filing tax return someone love died possession. Filing tax return someone love died   A bona fide resident of Puerto Rico, the U. Filing tax return someone love died S. Filing tax return someone love died Virgin Islands, Guam, the Commonwealth of the Northern Mariana Islands (CNMI), or American Samoa who is not a U. Filing tax return someone love died S. Filing tax return someone love died citizen or a U. Filing tax return someone love died S. Filing tax return someone love died national is treated as a nonresident alien for the withholding rules explained here. Filing tax return someone love died A bona fide resident of a possession is someone who: Meets the presence test, Does not have a tax home outside the possession, and Does not have a closer connection to the United States or to a foreign country than to the possession. Filing tax return someone love died   For more information, see Publication 570, Tax Guide for Individuals With Income From U. Filing tax return someone love died S. Filing tax return someone love died Possessions. Filing tax return someone love died Foreign corporations. Filing tax return someone love died   A foreign corporation is one that does not fit the definition of a domestic corporation. Filing tax return someone love died A domestic corporation is one that was created or organized in the United States or under the laws of the United States, any of its states, or the District of Columbia. Filing tax return someone love died Guam or Northern Mariana Islands corporations. Filing tax return someone love died   A corporation created or organized in, or under the laws of, Guam or the CNMI is not considered a foreign corporation for the purpose of withholding tax for the tax year if: At all times during the tax year less than 25% in value of the corporation's stock is owned, directly or indirectly, by foreign persons; and At least 20% of the corporation's gross income is derived from sources within Guam or the CNMI for the 3-year period ending with the close of the preceding tax year of the corporation (or the period the corporation has been in existence, if less). Filing tax return someone love died Note. Filing tax return someone love died   The provisions discussed below under U. Filing tax return someone love died S. Filing tax return someone love died Virgin Islands and American Samoa corporations will apply to Guam or CNMI corporations when an implementing agreement is in effect between the United States and that possession. Filing tax return someone love died U. Filing tax return someone love died S. Filing tax return someone love died Virgin Islands and American Samoa corporations. Filing tax return someone love died   A corporation created or organized in, or under the laws of, the U. Filing tax return someone love died S. Filing tax return someone love died Virgin Islands or American Samoa is not considered a foreign corporation for the purposes of withholding tax for the tax year if: At all times during the tax year less than 25% in value of the corporation's stock is owned, directly or indirectly, by foreign persons, At least 65% of the corporation's gross income is effectively connected with the conduct of a trade or business in the U. Filing tax return someone love died S. Filing tax return someone love died Virgin Islands, American Samoa, Guam, the CNMI, or the United States for the 3-year period ending with the close of the tax year of the corporation (or the period the corporation or any predecessor has been in existence, if less), and No substantial part of the income of the corporation is used, directly or indirectly, to satisfy obligations to a person who is not a bona fide resident of the U. Filing tax return someone love died S. Filing tax return someone love died Virgin Islands, American Samoa, Guam, the CNMI, or the United States. Filing tax return someone love died Foreign private foundations. Filing tax return someone love died   A private foundation that was created or organized under the laws of a foreign country is a foreign private foundation. Filing tax return someone love died Gross investment income from sources within the United States paid to a qualified foreign private foundation is subject to NRA withholding at a 4% rate (unless exempted by a treaty) rather than the ordinary statutory 30% rate. Filing tax return someone love died Other foreign organizations, associations, and charitable institutions. Filing tax return someone love died   An organization may be exempt from income tax under section 501(a) of the Internal Revenue Code even if it was formed under foreign law. Filing tax return someone love died In most cases, you do not have to withhold tax on payments of income to these foreign tax-exempt organizations unless the IRS has determined that they are foreign private foundations. Filing tax return someone love died   Payments to these organizations, however, must be reported on Form 1042-S, even though no tax is withheld. Filing tax return someone love died   You must withhold tax on the unrelated business income (as described in Publication 598, Tax on Unrelated Business Income of Exempt Organizations) of foreign tax-exempt organizations in the same way that you would withhold tax on similar income of nonexempt organizations. Filing tax return someone love died U. Filing tax return someone love died S. Filing tax return someone love died branches of foreign persons. Filing tax return someone love died   In most cases, a payment to a U. Filing tax return someone love died S. Filing tax return someone love died branch of a foreign person is a payment made to the foreign person. Filing tax return someone love died However, you may treat payments to U. Filing tax return someone love died S. Filing tax return someone love died branches of foreign banks and foreign insurance companies (discussed earlier) that are subject to U. Filing tax return someone love died S. Filing tax return someone love died regulatory supervision as payments made to a U. Filing tax return someone love died S. Filing tax return someone love died person, if you and the U. Filing tax return someone love died S. Filing tax return someone love died branch have agreed to do so, and if their agreement is evidenced by a withholding certificate, Form W-8IMY. Filing tax return someone love died For this purpose, a financial institution organized under the laws of a U. Filing tax return someone love died S. Filing tax return someone love died possession is treated as a U. Filing tax return someone love died S. Filing tax return someone love died branch. Filing tax return someone love died Documentation In most cases, you must withhold 30% from the gross amount paid to a foreign payee unless you can reliably associate the payment with valid documentation that establishes either of the following. Filing tax return someone love died The payee is a U. Filing tax return someone love died S. Filing tax return someone love died person. Filing tax return someone love died The payee is a foreign person that is the beneficial owner of the income and is entitled to a reduced rate of withholding. Filing tax return someone love died In most cases, you must get the documentation before you make the payment. Filing tax return someone love died The documentation is not valid if you know, or have reason to know, that it is unreliable or incorrect. Filing tax return someone love died See Standards of Knowledge , later. Filing tax return someone love died If you cannot reliably associate a payment with valid documentation, you must use the presumption rules discussed later. Filing tax return someone love died For example, if you do not have documentation or you cannot determine the part of a payment that is allocable to specific documentation, you must use the presumption rules. Filing tax return someone love died The specific types of documentation are discussed in this section. Filing tax return someone love died However, see Withholding on Specific Income , later, as well as the instructions to the particular forms. Filing tax return someone love died As the withholding agent, you also may want to see the Instructions for the Requester of Forms W-8BEN, W-8ECI, W-8EXP, and W-8IMY. Filing tax return someone love died Section 1446 withholding. Filing tax return someone love died   Under section 1446 of the Code, a partnership must withhold tax on its effectively connected income allocable to a foreign partner. Filing tax return someone love died In most cases, a partnership determines if a partner is a foreign partner and the partner's tax classification based on the withholding certificate provided by the partner. Filing tax return someone love died This is the same documentation that is filed for NRA withholding, but may require additional information as discussed under each of the forms in this section. Filing tax return someone love died Joint owners. Filing tax return someone love died    If you make a payment to joint owners, you need to get documentation from each owner. Filing tax return someone love died Form W-9. Filing tax return someone love died   In most cases, you can treat the payee as a U. Filing tax return someone love died S. Filing tax return someone love died person if the payee gives you a Form W-9. Filing tax return someone love died The Form W-9 can be used only by a U. Filing tax return someone love died S. Filing tax return someone love died person and must contain the payee's taxpayer identification number (TIN). Filing tax return someone love died If there is more than one owner, you may treat the total amount as paid to a U. Filing tax return someone love died S. Filing tax return someone love died person if any one of the owners gives you a Form W-9. Filing tax return someone love died See U. Filing tax return someone love died S. Filing tax return someone love died Taxpayer Identification Numbers , later. Filing tax return someone love died U. Filing tax return someone love died S. Filing tax return someone love died persons are not subject to NRA withholding, but may be subject to Form 1099 reporting and backup withholding. Filing tax return someone love died Form W-8. Filing tax return someone love died   In most cases, a foreign payee of the income should give you a form in the Form W-8 series. Filing tax return someone love died Until further notice, you can rely upon Forms W-8 that contain a P. Filing tax return someone love died O. Filing tax return someone love died box as a permanent residence address provided you do not know, or have reason to know, that the person providing the form is a U. Filing tax return someone love died S. Filing tax return someone love died person and that a street address is available. Filing tax return someone love died You may rely on Forms W-8 for which there is a U. Filing tax return someone love died S. Filing tax return someone love died mailing address provided you received the form prior to December 31, 2001. Filing tax return someone love died   If certain requirements are met, the foreign person can give you documentary evidence, rather than a Form W-8. Filing tax return someone love died You can rely on documentary evidence in lieu of a Form W-8 for a payment made in a U. Filing tax return someone love died S. Filing tax return someone love died possession. Filing tax return someone love died Other documentation. Filing tax return someone love died   Other documentation may be required to claim an exemption from, or a reduced rate of, withholding on pay for personal services. Filing tax return someone love died The nonresident alien individual may have to give you a Form W-4 or a Form 8233, Exemption From Withholding on Compensation for Independent (and Certain Dependent) Personal Services of a Nonresident Alien Individual. Filing tax return someone love died These forms are discussed in Pay for Personal Services Performed under Withholding on Specific Income. Filing tax return someone love died Beneficial Owners If all the appropriate requirements have been established on a Form W-8BEN, W-8ECI, W-8EXP or, if applicable, on documentary evidence, you may treat the payee as a foreign beneficial owner. Filing tax return someone love died Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding. Filing tax return someone love died   This form is used by a foreign person to: Establish foreign status; Claim that such person is the beneficial owner of the income for which the form is being furnished or a partner in a partnership subject to section 1446 withholding; and If applicable, claim a reduced rate of, or exemption from, withholding under an income tax treaty. Filing tax return someone love died   Form W-8BEN also may be used to claim that the foreign person is exempt from Form 1099 reporting and backup withholding for income that is not subject to NRA withholding. Filing tax return someone love died For example, a foreign person may provide a Form W-8BEN to a broker to establish that the gross proceeds from the sale of securities are not subject to Form 1099 reporting or backup withholding. Filing tax return someone love died Claiming treaty benefits. Filing tax return someone love died   You may apply a reduced rate of withholding to a foreign person that provides a Form W-8BEN claiming a reduced rate of withholding under an income tax treaty only if the person provides a U. Filing tax return someone love died S. Filing tax return someone love died TIN and certifies that: It is a resident of a treaty country; It is the beneficial owner of the income; If it is an entity, it derives the income within the meaning of section 894 of the Internal Revenue Code (it is not fiscally transparent); and It meets any limitation on benefits provision contained in the treaty, if applicable. Filing tax return someone love died   If the foreign beneficial owner claiming a treaty benefit is related to you, the foreign beneficial owner also must certify on Form W-8BEN that it will file Form 8833, Treaty-Based Return Position Disclosure Under Section 6114 or 7701(b), if the amount subject to NRA withholding received during a calendar year exceeds, in the aggregate, $500,000. Filing tax return someone love died   An entity derives income for which it is claiming treaty benefits only if the entity is not treated as fiscally transparent for that income. Filing tax return someone love died See Fiscally transparent entity discussed earlier under Flow-Through Entities. Filing tax return someone love died   Limitations on benefits provisions generally prohibit third country residents from obtaining treaty benefits. Filing tax return someone love died For example, a foreign corporation may not be entitled to a reduced rate of withholding unless a minimum percentage of its owners are citizens or residents of the United States or the treaty country. Filing tax return someone love died   The exemptions from, or reduced rates of, U. Filing tax return someone love died S. Filing tax return someone love died tax vary under each treaty. Filing tax return someone love died You must check the provisions of the tax treaty that apply. Filing tax return someone love died Tables at the end of this publication show the countries with which the United States has income tax treaties and the rates of withholding that apply in cases where all conditions of the particular treaty articles are satisfied. Filing tax return someone love died   If you know, or have reason to know, that an owner of income is not eligible for treaty benefits claimed, you must not apply the treaty rate. Filing tax return someone love died You are not, however, responsible for misstatements on a Form W-8, documentary evidence, or statements accompanying documentary evidence for which you did not have actual knowledge, or reason to know, that the statements were incorrect. Filing tax return someone love died Exceptions to TIN requirement. Filing tax return someone love died   A foreign person does not have to provide a TIN to claim a reduced rate of withholding under a treaty if the requirements for the following exceptions are met. Filing tax return someone love died Income from marketable securities (discussed next). Filing tax return someone love died Unexpected payments to an individual (discussed under U. Filing tax return someone love died S. Filing tax return someone love died Taxpayer Identification Numbers ). Filing tax return someone love died Marketable securities. Filing tax return someone love died   A Form W-8BEN provided to claim treaty benefits does not need a U. Filing tax return someone love died S. Filing tax return someone love died TIN if the foreign beneficial owner is claiming the benefits on income from marketable securities. Filing tax return someone love died For this purpose, income from a marketable security consists of the following items. Filing tax return someone love died Dividends and interest from stocks and debt obligations that are actively traded. Filing tax return someone love died Dividends from any redeemable security issued by an investment company registered under the Investment Company Act of 1940 (mutual fund). Filing tax return someone love died Dividends, interest, or royalties from units of beneficial interest in a unit investment trust that are (or were upon issuance) publicly offered and are registered with the SEC under the Securities Act of 1933. Filing tax return someone love died Income related to loans of any of the above securities. Filing tax return someone love died Offshore accounts. Filing tax return someone love died   If a payment is made outside the United States to an offshore account, a payee may give you documentary evidence, rather than Form W-8BEN. Filing tax return someone love died   In most cases, a payment is made outside the United States if you complete the acts necessary to effect the payment outside the United States. Filing tax return someone love died However, an amount paid by a bank or other financial institution on a deposit or account usually will be treated as paid at the branch or office where the amount is credited. Filing tax return someone love died An offshore account is an account maintained at an office or branch of a U. Filing tax return someone love died S. Filing tax return someone love died or foreign bank or other financial institution at any location outside the United States. Filing tax return someone love died   You may rely on documentary evidence given to you by a nonqualified intermediary or a flow-through entity with its Form W-8IMY. Filing tax return someone love died This rule applies even though you make the payment to a nonqualified intermediary or flow-through entity in the United States. Filing tax return someone love died In most cases, the nonqualified intermediary or flow-through entity that gives you documentary evidence also will have to give you a withholding statement, discussed later. Filing tax return someone love died Documentary evidence. Filing tax return someone love died   You may apply a reduced rate of withholding to income from marketable securities (discussed earlier) paid outside the United States to an offshore account if the beneficial owner gives you documentary evidence in place of a Form W-8BEN. Filing tax return someone love died To claim treaty benefits, the documentary evidence must be one of the following: A certificate of residence that: Is issued by a tax official of the treaty country of which the foreign beneficial owner claims to be a resident, States that the person has filed its most recent income tax return as a resident of that country, and Is issued within 3 years prior to being presented to you. Filing tax return someone love died Documentation for an individual that: Includes the individual's name, address, and photograph, Is an official document issued by an authorized governmental body, and Is issued no more than 3 years prior to being presented to you. Filing tax return someone love died Documentation for an entity that: Includes the name of the entity, Includes the address of its principal office in the treaty country, and Is an official document issued by an authorized governmental body. Filing tax return someone love died In addition to the documentary evidence, a foreign beneficial owner that is an entity must provide a statement that it derives the income for which it claims treaty benefits and that it meets one or more of the conditions set forth in a limitation on benefits article, if any, (or similar provision) contained in the applicable treaty. Filing tax return someone love died Form W-8ECI, Certificate of Foreign Person's Claim That Income Is Effectively Connected With the Conduct of a Trade or Business in the United States. Filing tax return someone love died   This form is used by a foreign person to: Establish foreign status, Claim that such person is the beneficial owner of the income for which the form is being furnished, and Claim that the income is effectively connected with the conduct of a trade or business in the United States. Filing tax return someone love died (See Effectively Connected Income , later. Filing tax return someone love died )   Effectively connected income for which a valid Form W-8ECI has been provided is generally not subject to NRA withholding. Filing tax return someone love died   If a partner submits this form to a partnership, the income claimed to be effectively connected with the conduct of a U. Filing tax return someone love died S. Filing tax return someone love died trade or business is subject to withholding under section 1446. Filing tax return someone love died If the partner has made, or will make, an election under section 871(d) or 882(d), the partner must submit Form W-8ECI, and attach a copy of the election, or a statement of intent to elect, to the form. Filing tax return someone love died    If the partner's only effectively connected income is the income allocated from the partnership and the partner is not making the election under section 871(d) or 882(d), the partner should provide Form W-8BEN to the partnership. Filing tax return someone love died Form W-8EXP, Certificate of Foreign Government or Other Foreign Organization for United States Tax Withholding. Filing tax return someone love died   This form is used by a foreign government, international organization, foreign central bank of issue, foreign tax-exempt organization, foreign private foundation, or government of a U. Filing tax return someone love died S. Filing tax return someone love died possession to: Establish foreign status, Claim that such person is the beneficial owner of the income for which the form is being furnished, and Claim a reduced rate of, or an exemption from, withholding as such an entity. Filing tax return someone love died   If the government or organization is a partner in a partnership carrying on a trade or business in the United States, the effectively connected income allocable to the partner is subject to withholding under section 1446. Filing tax return someone love died   See Foreign Governments and Certain Other Foreign Organizations , later. Filing tax return someone love died Foreign Intermediaries and Foreign Flow-Through Entities Payments made to a foreign intermediary or foreign flow-through entity are treated as made to the payees on whose behalf the intermediary or entity acts. Filing tax return someone love died The Form W-8IMY provided by a foreign intermediary or flow-through entity must be accompanied by additional information for you to be able to reliably associate the payment with a payee. Filing tax return someone love died The additional information required depends on the type of intermediary or flow-through entity and the extent of the withholding responsibilities it assumes. Filing tax return someone love died Form W-8IMY, Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U. Filing tax return someone love died S. Filing tax return someone love died Branches for United States Tax Withholding. Filing tax return someone love died   This form is used by foreign intermediaries and foreign flow-through entities, as well as certain U. Filing tax return someone love died S. Filing tax return someone love died branches, to: Represent that a foreign person is a qualified intermediary or nonqualified intermediary, Represent, if applicable, that the qualified intermediary is assuming primary NRA withholding responsibility and/or primary Form 1099 reporting and backup withholding responsibility, Represent that a foreign partnership or a foreign simple or grantor trust is a withholding foreign partnership or a withholding foreign trust, Represent that a foreign flow-through entity is a nonwithholding foreign partnership, or a nonwithholding foreign trust and that the income is not effectively connected with the conduct of a trade or business in the United States, Represent that the provider is a U. Filing tax return someone love died S. Filing tax return someone love died branch of a foreign bank or insurance company and either is agreeing to be treated as a U. Filing tax return someone love died S. Filing tax return someone love died person or is transmitting documentation of the persons on whose behalf it is acting, or Represent that, for purposes of section 1446, it is an upper-tier foreign partnership or a foreign grantor trust and that the form is being used to transmit the required documentation. Filing tax return someone love died For information on qualifying as an upper-tier foreign partnership, see Regulations section 1. Filing tax return someone love died 1446-5. Filing tax return someone love died Qualified Intermediaries In most cases, a QI is any foreign intermediary that has entered into a QI withholding agreement (discussed earlier) with the IRS. Filing tax return someone love died A foreign intermediary that has received a QI employer identification number (QI-EIN) may represent on Form W-8IMY that it is a QI before it receives a fully executed agreement. Filing tax return someone love died The intermediary can claim that it is a QI until the IRS revokes its QI-EIN. Filing tax return someone love died The IRS will revoke a QI-EIN if the QI agreement is not executed and returned to the IRS within a reasonable period of time after the agreement was sent to the intermediary for signature. Filing tax return someone love died Responsibilities. Filing tax return someone love died   Payments made to a QI that does not assume NRA withholding responsibility are treated as paid to its account holders and customers. Filing tax return someone love died However, a QI is not required to provide you with documentation it obtains from its foreign account holders and customers. Filing tax return someone love died Instead, it provides you with a withholding statement that contains withholding rate pool information. Filing tax return someone love died A withholding rate pool is a payment of a single type of income, determined in accordance with the categories of income reported on Form 1042-S that is subject to a single rate of withholding. Filing tax return someone love died A qualified intermediary is required to provide you with information regarding U. Filing tax return someone love died S. Filing tax return someone love died persons subject to Form 1099 reporting and to provide you withholding rate pool information separately for each such U. Filing tax return someone love died S. Filing tax return someone love died person unless it has assumed Form 1099 reporting and backup withholding responsibility. Filing tax return someone love died For the alternative procedure for providing rate pool information for U. Filing tax return someone love died S. Filing tax return someone love died non-exempt persons, see the Form W-8IMY instructions. Filing tax return someone love died   The withholding statement must: Designate those accounts for which it acts as a qualified intermediary, Designate those accounts for which it assumes primary NRA withholding responsibility and/or primary Form 1099 and backup withholding responsibility, and Provide sufficient information for you to allocate the payment to a withholding rate pool. Filing tax return someone love died   The extent to which you must have withholding rate pool information depends on the withholding and reporting obligations assumed by the QI. Filing tax return someone love died Primary responsibility not assumed. Filing tax return someone love died   If a QI does not assume primary NRA withholding responsibility or primary Form 1099 reporting and backup withholding responsibility for the payment, you can reliably associate the payment with valid documentation only to the extent you can reliably determine the part of the payment that relates to each withholding rate pool for foreign payees. Filing tax return someone love died Unless the alternative procedure applies, the qualified intermediary must provide you with a separate withholding rate pool for each U. Filing tax return someone love died S. Filing tax return someone love died person subject to Form 1099 reporting and/or backup withholding. Filing tax return someone love died The QI must provide a Form W-9 or, in the absence of the form, the name, address, and TIN, if available, for such person. Filing tax return someone love died Primary NRA withholding responsibility assumed. Filing tax return someone love died   If you make a payment to a QI that assumes primary NRA withholding responsibility (but not primary Form 1099 reporting and backup withholding responsibility), you can reliably associate the payment with valid documentation only to the extent you can reliably determine the part of the payment that relates to the withholding rate pool for which the QI assumes primary NRA withholding responsibility and the part of the payment attributable to withholding rate pools for each U. Filing tax return someone love died S. Filing tax return someone love died person, unless the alternative procedure applies, subject to Form 1099 reporting and/or backup withholding. Filing tax return someone love died The QI must provide a Form W-9 or, in the absence of the form, the name, address, and TIN, if available, for such person. Filing tax return someone love died Primary NRA and Form 1099 responsibility assumed. Filing tax return someone love died   If you make a payment to a QI that assumes both primary NRA withholding responsibility and primary Form 1099 reporting and backup withholding responsibility, you can reliably associate a payment with valid documentation provided that you receive a valid Form W-8IMY. Filing tax return someone love died It is not necessary to associate the payment with withholding rate pools. Filing tax return someone love died Example. Filing tax return someone love died You make a payment of dividends to a QI. Filing tax return someone love died It has five customers: two are foreign persons who have provided documentation entitling them to a 15% rate of withholding on dividends; two are foreign persons subject to a 30% rate of withholding on dividends; and one is a U. Filing tax return someone love died S. Filing tax return someone love died individual who provides it with a Form W-9. Filing tax return someone love died Each customer is entitled to 20% of the dividend payment. Filing tax return someone love died The QI does not assume any primary withholding responsibility. Filing tax return someone love died The QI gives you a Form W-8IMY with which it associates the Form W-9 and a withholding statement that allocates 40% of the dividend to a 15% withholding rate pool, 40% to a 30% withholding rate pool, and 20% to the U. Filing tax return someone love died S. Filing tax return someone love died individual. Filing tax return someone love died You should report on Forms 1042-S 40% of the payment as made to a 15% rate dividend pool and 40% of the payment as made to a 30% rate dividend pool. Filing tax return someone love died The part of the payment allocable to the U. Filing tax return someone love died S. Filing tax return someone love died individual (20%) is reportable on Form 1099-DIV. Filing tax return someone love died Smaller partnerships and trusts. Filing tax return someone love died   A QI may apply special rules to a smaller partnership or trust (Joint Account Provision) only if the partnership or trust meets the following conditions. Filing tax return someone love died It is a foreign partnership or foreign simple or grantor trust. Filing tax return someone love died It is a direct account holder of the QI. Filing tax return someone love died It does not have any partner, beneficiary, or owner that is a U. Filing tax return someone love died S. Filing tax return someone love died person or a pass- through partner, beneficiary, or owner. Filing tax return someone love died   For information on these rules, see section 4A. Filing tax return someone love died 01 of the QI agreement. Filing tax return someone love died This is found in Appendix 3 of Revenue Procedure 2003-64. Filing tax return someone love died Also see Revenue Procedure 2004-21. Filing tax return someone love died Related partnerships and trusts. Filing tax return someone love died    A QI may apply special rules to a related partnership or trust only if the partnership or trust meets the following conditions. Filing tax return someone love died It is a foreign partnership or foreign simple or grantor trust. Filing tax return someone love died It is either: A direct account holder of the QI, or An indirect account holder of the QI that is a direct partner, beneficiary, or owner of a partnership or trust to which the QI has applied this rule. Filing tax return someone love died For information on these rules, see section 4A. Filing tax return someone love died 02 of the QI agreement. Filing tax return someone love died This is found in Appendix 3 of Revenue Procedure 2003-64. Filing tax return someone love died Also see Revenue Procedure 2005-77. Filing tax return someone love died Nonqualified Intermediaries If you are making a payment to an NQI, foreign flow-through entity, or U. Filing tax return someone love died S. Filing tax return someone love died branch that is using Form W-8IMY to transmit information about the branch's account holders or customers, you can treat the payment (or a part of the payment) as reliably associated with valid documentation from a specific payee only if, prior to making the payment: You can allocate the payment to a valid Form W-8IMY, You can reliably determine how much of the payment relates to valid documentation provided by a payee (a person that is not itself a foreign intermediary, flow- through entity, or U. Filing tax return someone love died S. Filing tax return someone love died branch), and You have sufficient information to report the payment on Form 1042-S or Form 1099, if reporting is required. Filing tax return someone love died The NQI, flow-through entity, or U. Filing tax return someone love died S. Filing tax return someone love died branch must give you certain information on a withholding statement that is associated with the Form W-8IMY. Filing tax return someone love died A withholding statement must be updated to keep the information accurate prior to each payment. Filing tax return someone love died Withholding statement. Filing tax return someone love died   In most cases, a withholding statement must contain the following information. Filing tax return someone love died The name, address, and TIN (if any, or if required) of each person for whom documentation is provided. Filing tax return someone love died The type of documentation (documentary evidence, Form W-8, or Form W-9) for every person for whom documentation has been provided. Filing tax return someone love died The status of the person for whom the documentation has been provided, such as whether the person is a U. Filing tax return someone love died S. Filing tax return someone love died exempt recipient (U. Filing tax return someone love died S. Filing tax return someone love died person exempt from Form 1099 reporting), U. Filing tax return someone love died S. Filing tax return someone love died non-exempt recipient (U. Filing tax return someone love died S. Filing tax return someone love died person subject to Form 1099 reporting), or a foreign person. Filing tax return someone love died For a foreign person, the statement must indicate whether the person is a beneficial owner or a foreign intermediary, flow-through entity, or a U. Filing tax return someone love died S. Filing tax return someone love died branch. Filing tax return someone love died The type of recipient the person is, based on the recipient codes used on Form 1042-S. Filing tax return someone love died Information allocating each payment, by income type, to each payee (including U. Filing tax return someone love died S. Filing tax return someone love died exempt and U. Filing tax return someone love died S. Filing tax return someone love died non-exempt recipients) for whom documentation has been provided. Filing tax return someone love died The rate of withholding that applies to each foreign person to whom a payment is allocated. Filing tax return someone love died A foreign payee's country of residence. Filing tax return someone love died If a reduced rate of withholding is claimed, the basis for a reduced rate of withholding (for example, portfolio interest, treaty benefit, etc. Filing tax return someone love died ). Filing tax return someone love died In the case of treaty benefits claimed by entities, whether the applicable limitation on benefits statement and the statement that the foreign person derives the income for which treaty benefits are claimed, have been made. Filing tax return someone love died The name, address, and TIN (if any) of any other NQI, flow-through entity, or U. Filing tax return someone love died S. Filing tax return someone love died branch from which the payee will directly receive a payment. Filing tax return someone love died Any other information a withholding agent requests to fulfill its reporting and withholding obligations. Filing tax return someone love died Alternative procedure. Filing tax return someone love died   Under this alternative procedure the NQI can give you the information that allocates each payment to each foreign and U. Filing tax return someone love died S. Filing tax return someone love died exempt recipient by January 31 following the calendar year of payment, rather than prior to the payment being made as otherwise required. Filing tax return someone love died To take advantage of this procedure, the NQI must: (a) inform you, on its withholding statement, that it is using the alternative procedure; and (b) obtain your consent. Filing tax return someone love died You must receive the withholding statement with all the required information (other than item 5) prior to making the payment. Filing tax return someone love died    This alternative procedure cannot be used for payments to U. Filing tax return someone love died S. Filing tax return someone love died non-exempt recipients. Filing tax return someone love died Therefore, an NQI must always provide you with allocation information for all U. Filing tax return someone love died S. Filing tax return someone love died non-exempt recipients prior to a payment being made. Filing tax return someone love died Pooled withholding information. Filing tax return someone love died   If an NQI uses the alternative procedure, it must provide you with withholding rate pool information, as opposed to individual allocation information, prior to the payment of a reportable amount. Filing tax return someone love died A withholding rate pool is a payment of a single type of income (as determined by the income categories on Form 1042-S) that is subject to a single rate of withholding. Filing tax return someone love died For example, an NQI that has foreign account holders receiving royalties and dividends, both subject to the 15% rate, will provide you with information for two withholding rate pools (one for royalties and one for dividends). Filing tax return someone love died The NQI must provide you with the payee specific allocation information (information allocating each payment to each payee) by January 31 following the calendar year of payment. Filing tax return someone love died Failure to provide allocation information. Filing tax return someone love died   If an NQI fails to provide you with the payee specific allocation information for a withholding rate pool by January 31, you must not apply the alternative procedure to any of the NQI's withholding rate pools from that date forward. Filing tax return someone love died You must treat the payees as undocumented and apply the presumption rules, discussed later in Presumption Rules . Filing tax return someone love died An NQI is deemed to have f
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Alternative Minimum Tax (AMT) Assistant for Individuals

Individuals with a higher income may be subject to the Alternative Minimum Tax. Under the tax law, certain tax benefits can significantly reduce a taxpayer’s regular tax amount. The AMT sets a limit on those benefits. If the tax benefits would reduce total tax below the AMT limit, the taxpayer must pay the higher Alternative Minimum Tax amount.

If you prepare your own Form 1040 tax return without using software, you may need to complete Form 6251, Alternative Minimum Tax – Individuals to determine whether you owe the AMT.  You can use the AMT Assistant before you go through preparing Form 6251 to find out if you actually need to complete it.

Should you use the AMT Assistant?
Check here first. If you received or claimed any of the following items in the tax year, you must complete Form 6251 and there is no need to use the AMT Assistant:

  • Accelerated Depreciation
  • Stock by exercising an incentive stock option and you did not dispose of the stock in the same year
  • Tax exempt interest from private activity bonds
  • Intangible drilling, circulation, research, experimental or mining costs
  • Amortization of pollution-control facilities or depletion
  • Income (or loss) from tax-shelter farm activities or passive activities
  • Income from long-term contracts not figured using the percentage-of-completion method
  • Interest paid on a home mortgage NOT used to buy, build or substantially improve your home
  • Investment interest expense reported on Form 4952
  • Net operating loss deduction
  • Alternative minimum tax adjustments from an estate, trust, electing large partnership or cooperative
  • Section 1202 exclusion
  • Any general business credit in Part I on Form 3800
  • Empowerment zone and renewal community employment credit
  • Qualified electric vehicle credit
  • Alternative fuel vehicle refueling property credit
  • Credit for prior year minimum tax

Using the AMT Assistant
Even if you did not receive or claim any of the above, you may need to complete Form 6251. You can use the AMT Assistant and quickly find out. Based on your entries the AMT Assistant results will tell you either:

  • You do not owe the AMT, or
  • You must complete Form 6251

Before You Start
Have your draft 2013 Form 1040 available, completed through Line 44 (Tax), as well as your draft Schedule A (if used). If you are claiming the foreign tax credit, you should also complete Form 1040, line 47, because you may be asked for information from that line.

Note: the AMT Assistant will ask you again about the items in the list above. Just answer “no” to confirm and continue.

Remember the answer you get is only as accurate as the data you enter!

Start the Tax Year 2013 AMT Assistant
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Your entries in the AMT Assistant application are anonymous and the information will be used only for the purpose of determining your eligibility. All entries are erased when you exit or start over. See the “IRS Privacy Policy” for more information.

Page Last Reviewed or Updated: 27-Mar-2014

The Filing Tax Return Someone Love Died

Filing tax return someone love died 23. Filing tax return someone love died   Gastos de Intereses Table of Contents Introduction Useful Items - You may want to see: Intereses Hipotecarios de ViviendaCantidad Deducible Puntos Primas de Seguro Hipotecario Formulario 1098, Estado de Cuenta de los Intereses Hipotecarios Intereses Procedentes de InversionesBienes de Inversión Asignación de Gastos de Intereses Límite sobre la Deducción Cantidades que No Puede DeducirIntereses Personales Asignación de Intereses Cómo Hacer la DeclaraciónMás de un prestatario. Filing tax return someone love died Fondos procedentes de una hipoteca utilizados para negocios o inversiones. Filing tax return someone love died Introduction Este capítulo trata sobre los intereses que usted puede deducir. Filing tax return someone love died Los intereses son la cantidad que paga por usar dinero prestado. Filing tax return someone love died Los siguientes son tipos de intereses que se pueden deducir como deducciones detalladas en el Anexo A (Formulario 1040), Itemized Deductions (Deducciones detalladas), en inglés: Los intereses hipotecarios de vivienda, incluidos ciertos puntos y primas de seguro hipotecario. Filing tax return someone love died Intereses procedentes de inversiones. Filing tax return someone love died Este capítulo explica estas deducciones. Filing tax return someone love died Asimismo, explica dónde deducir otros tipos de intereses y enumera algunos tipos de intereses que no puede deducir. Filing tax return someone love died Use la Tabla 23-1 para averiguar dónde obtener más información sobre varios tipos de intereses, incluidos los intereses de inversiones. Filing tax return someone love died Useful Items - You may want to see: Publicación 936 Home Mortgage Interest Deduction (Deducción por intereses hipotecarios de vivienda), en inglés. Filing tax return someone love died 550 Investment Income and Expenses (Ingresos y gastos de inversiones), en inglés. Filing tax return someone love died Intereses Hipotecarios de Vivienda Por lo general, los intereses hipotecarios de vivienda son todos los intereses que paga sobre un préstamo garantizado por su vivienda (vivienda principal o segunda vivienda). Filing tax return someone love died El préstamo puede ser una hipoteca para la compra de su vivienda, una segunda hipoteca, una línea de crédito o un préstamo sobre el valor neto de la vivienda. Filing tax return someone love died Puede deducir los intereses hipotecarios de vivienda si se reúnen todas las siguientes condiciones: Presenta el Formulario 1040 y detalla deducciones en el Anexo A (Formulario 1040). Filing tax return someone love died La hipoteca es una deuda garantizada sobre una vivienda calificada en la cual tiene participación como dueño de la misma. Filing tax return someone love died (Por lo general, una hipoteca es una deuda garantizada si pone como garantía su vivienda para proteger los intereses del prestamista. Filing tax return someone love died El término “vivienda calificada” quiere decir su vivienda principal o segunda vivienda. Filing tax return someone love died Para más información, vea la Publicación 936, Home Mortgage Interest Deduction (Deducción por intereses hipotecarios de vivienda), en inglés). Filing tax return someone love died  Tanto usted como el prestamista tienen que tener la intención de que se pague el préstamo. Filing tax return someone love died Cantidad Deducible En la mayor parte de los casos, podrá deducir todos los intereses hipotecarios de vivienda. Filing tax return someone love died Cuánto puede deducir depende de la fecha en que obtuvo la hipoteca, la cantidad de la hipoteca y cómo usted usa los fondos procedentes de la misma. Filing tax return someone love died Intereses totalmente deducibles. Filing tax return someone love died   Si todas sus hipotecas corresponden a una o más de las tres categorías siguientes en todo momento durante el año, puede deducir todos los intereses sobre dichas hipotecas. Filing tax return someone love died (Si una hipoteca corresponde a más de una categoría, sume la deuda que corresponde a cada categoría a la otra deuda de la misma categoría). Filing tax return someone love died   Las tres categorías son: Las hipotecas que obtuvo a más tardar el 13 de octubre de 1987 (denominadas deudas con refugio legal). Filing tax return someone love died Las hipotecas que obtuvo después del 13 de octubre de 1987 para comprar, construir o mejorar su vivienda (denominadas deudas por adquisición de vivienda), pero únicamente si a lo largo del año 2013 dichas hipotecas, más toda deuda contraída el 13 de octubre de 1987 o antes, ascendieron a $1 millón o menos ($500,000 o menos si es casado que presenta la declaración por separado). Filing tax return someone love died Las hipotecas que obtuvo después del 13 de octubre de 1987 que no fueran para comprar, construir o mejorar su vivienda (denominadas deudas sobre el valor neto de la vivienda), pero únicamente si a lo largo del año 2013 dichas hipotecas ascendieron a $100,000 o menos ($50,000 o menos si es casado que presenta la declaración por separado) y cuyo total no era mayor que el valor justo de mercado de su vivienda reducido por los puntos (1) y (2). Filing tax return someone love died Los límites en dólares para la segunda y tercera categoría son aplicables a la suma de las hipotecas sobre su vivienda principal y segunda vivienda. Filing tax return someone love died   Vea la Parte II de la Publicación 936, en inglés, para definiciones más amplias de la deuda con refugio legal, deuda por adquisición de vivienda y deuda sobre el valor neto de la vivienda. Filing tax return someone love died   Puede usar la Figura 23-A para verificar si los intereses hipotecarios de vivienda son totalmente deducibles. Filing tax return someone love died Figura 23-A. Filing tax return someone love died ¿Son Totalmente Deducibles los Intereses Hipotecarios de mi Vivienda? Instrucciones: Incluya los saldos de TODAS las hipotecas garantizadas por su vivienda principal y segunda vivienda. Filing tax return someone love died Please click here for the text description of the image. Filing tax return someone love died Figura 23−A. Filing tax return someone love died ¿Son Totalmente Deducibles los Intereses Hipotecarios de mi Vivienda? Límites sobre la deducción. Filing tax return someone love died   No puede deducir totalmente los intereses de una hipoteca que no corresponda a alguna de las tres categorías indicadas anteriormente. Filing tax return someone love died Si éste es su caso, vea la Parte II de la Publicación 936, en inglés, para calcular la cantidad de los intereses que puede deducir. Filing tax return someone love died Situaciones Especiales Esta sección describe ciertos elementos que se pueden incluir como intereses hipotecarios de vivienda y otros que no. Filing tax return someone love died Además, describe ciertas situaciones especiales que podrían afectar su deducción. Filing tax return someone love died Recargos por pagos hipotecarios tardíos. Filing tax return someone love died   Puede deducir como intereses hipotecarios de vivienda un recargo por pagos tardíos si no fue por un servicio específico que se prestó en relación a su préstamo hipotecario. Filing tax return someone love died Multa por pago adelantado de la hipoteca. Filing tax return someone love died   Si salda su hipoteca de vivienda por adelantado, podría verse obligado a pagar una multa. Filing tax return someone love died Puede deducir dicha multa como intereses hipotecarios de vivienda con tal de que la multa no sea por un servicio específico que se prestó, o costo en el que se incurrió, con respecto a su préstamo hipotecario. Filing tax return someone love died Venta de vivienda. Filing tax return someone love died   Si vende su vivienda, puede deducir los intereses hipotecarios de vivienda (sujetos a los límites correspondientes) pagados hasta la fecha de venta, excluyendo tal fecha. Filing tax return someone love died Ejemplo. Filing tax return someone love died Juan y Margarita Gallegos vendieron su vivienda el 7 de mayo. Filing tax return someone love died Hasta el 30 de abril, hicieron pagos de intereses hipotecarios de vivienda de $1,220. Filing tax return someone love died El informe de cierre de la venta de la vivienda mostraba intereses de $50 para el período de 6 días en el mes de mayo hasta la fecha de venta, excluyendo tal fecha. Filing tax return someone love died Su deducción por intereses hipotecarios es $1,270 ($1,220 + $50). Filing tax return someone love died Intereses pagados por adelantado. Filing tax return someone love died   Si paga intereses por adelantado para un período que va más allá del final del año tributario, tiene que pagar dichos intereses a plazos intercalados a lo largo de los años tributarios correspondientes. Filing tax return someone love died Puede deducir en cada año únicamente los intereses que puedan considerarse intereses hipotecarios de vivienda para ese año. Filing tax return someone love died No obstante, hay una excepción correspondiente a los puntos, tema que se aborda más adelante. Filing tax return someone love died Crédito por intereses hipotecarios. Filing tax return someone love died   Quizás pueda reclamar un crédito por intereses hipotecarios si un gobierno estatal o local le otorgó un certificado de crédito hipotecario (MCC, por sus siglas en inglés). Filing tax return someone love died Calcule el crédito en el Formulario 8396, Mortgage Interest Credit (Crédito por intereses hipotecarios), en inglés. Filing tax return someone love died Si toma este crédito, tiene que reducir la deducción de intereses hipotecarios por la cantidad del crédito. Filing tax return someone love died   Para más información sobre el crédito, vea el capítulo 37 . Filing tax return someone love died Subsidio de vivienda para ministros de la iglesia y personal militar. Filing tax return someone love died   Si es ministro de una iglesia o miembro de las Fuerzas Armadas y recibe un subsidio de vivienda que no está sujeto a impuestos, aún puede deducir sus intereses hipotecarios de vivienda. Filing tax return someone love died Hardest Hit Fund (Fondo de ayuda para propietarios de vivienda más afectados) y los programas de préstamos de emergencia para propietarios de viviendas. Filing tax return someone love died   Puede utilizar un método especial para calcular la deducción de los intereses de la hipoteca y los impuestos de bienes inmuebles en su vivienda principal si reúne ambas de las siguientes condiciones: Usted recibió ayuda conforme a: Un programa del Hardest Hit Fund (Fondo de ayuda para los propietarios de vivienda más afectados que viven en estados con alto desempleo y una baja en el precio de viviendas) del State Housing Finance Agency (State HFA) (Agencia del Financiamiento de Viviendas (HFA estatal)) para los mercados inmobiliarios, en el cual los pagos procedentes de dichos programas pueden usarse para pagar los intereses hipotecarios o Un Emergency Homeowner's Loan Program (Programa de préstamos de emergencia para propietarios de viviendas), administrado por el Departamento de Vivienda y Desarrollo Urbano (HUD, por sus siglas en inglés) o por un estado. Filing tax return someone love died Usted reúne las condiciones de los reglamentos para deducir todos los intereses hipotecarios del préstamo y todos los impuestos de bienes inmuebles de su vivienda principal. Filing tax return someone love died   Si reúne todas las condiciones, entonces puede deducir todos los pagos que hizo durante el año al prestamista hipotecario, a la HFA estatal o a HUD, en la hipoteca de la vivienda (incluyendo el monto que muestra el recuadro 3 del Formulario 1098-MA, Mortgage Assistance Payments (Pagos de ayuda para la hipoteca), pero no más de la suma de las cantidades mostradas en el Formulario 1098, Mortgage Interest Statement (Estado de cuenta de los intereses hipotecarios), en el recuadro 1 (intereses recibidos del (de los) pagador(es)), el recuadro 4 (primas de seguro hipotecario) y el recuadro 5 (impuestos sobre los bienes inmuebles). Filing tax return someone love died Sin embargo, a usted no se le requiere utilizar este método especial para calcular la deducción para los intereses de la hipoteca y los impuestos de los bienes inmuebles en su vivienda principal. Filing tax return someone love died Pagos de asistencia hipotecaria conforme a la sección 235 de la Ley de Vivienda Nacional. Filing tax return someone love died   Si reúne los requisitos para recibir pagos de asistencia hipotecaria para familias de bajos recursos conforme a la sección 235 de la Ley de Vivienda Nacional (National Housing Act), la totalidad o parte de los intereses sobre su hipoteca podrían ser pagados en nombre suyo. Filing tax return someone love died No puede deducir los intereses pagados en nombre suyo. Filing tax return someone love died No tiene otro efecto sobre los impuestos. Filing tax return someone love died   No incluya estos pagos de asistencia hipotecaria en sus ingresos. Filing tax return someone love died Además, no use estos pagos para reducir otras deducciones, tales como los impuestos sobre bienes raíces. Filing tax return someone love died Personas divorciadas o separadas. Filing tax return someone love died   Si un acuerdo de divorcio o un acuerdo de separación matrimonial exige que usted o su cónyuge o ex cónyuge pague intereses hipotecarios de vivienda de la cual ambos son dueños, el pago de intereses podría considerarse pensión para el cónyuge divorciado. Filing tax return someone love died Vea el tema Pagos por una vivienda comprada conjuntamente , en el capítulo 18. Filing tax return someone love died Alquiler de terreno rescatable. Filing tax return someone love died   Si hace pagos de alquiler anuales o periódicos sobre un alquiler de terreno rescatable, los puede deducir como intereses hipotecarios. Filing tax return someone love died   Los pagos hechos para terminar el contrato de arrendamiento y para comprar la parte completa del arrendador de la tierra no se pueden deducir como intereses hipotecarios. Filing tax return someone love died Para más información, vea la Publicación 936, en inglés. Filing tax return someone love died Alquileres de terreno no rescatables. Filing tax return someone love died   Los pagos hechos sobre un alquiler de terreno no rescatable no son intereses hipotecarios. Filing tax return someone love died Los puede deducir como alquiler si son un gasto comercial o si corresponden a propiedad de alquiler. Filing tax return someone love died Hipotecas inversas. Filing tax return someone love died   Una hipoteca inversa es un préstamo cuyas condiciones permiten al prestamista pagarle (ya sea en suma global, con pago mensual por adelantado, línea de crédito o una combinación de estos tres métodos) mientras usted sigue como residente en su vivienda. Filing tax return someone love died Una hipoteca inversa le da derecho a mantener la escritura de su vivienda. Filing tax return someone love died Según el plan que tenga, la hipoteca inversa vence y comienza a generar intereses cuando se mude, venda su vivienda, llegue al término del plazo de un préstamo preseleccionado o fallezca. Filing tax return someone love died Puesto que las hipotecas inversas se consideran anticipos de préstamo y no ingresos, el monto que reciba no está sujeto a impuestos. Filing tax return someone love died Los intereses devengados (incluyendo un descuento de los intereses originales) sobre una hipoteca inversa no se pueden deducir hasta que se reembolse la totalidad del préstamo. Filing tax return someone love died La deducción a la que tenga derecho podría estar limitada ya que un préstamo de hipoteca inversa suele estar sujeto al límite sobre la Home Equity Debt (Deuda sobre el valor neto de la vivienda), tema que se explica en la Publicación 936, en inglés. Filing tax return someone love died Pagos de alquiler. Filing tax return someone love died   Si vive en una casa antes del cierre final de la compra, todos los pagos que haga para ese período son alquiler y no son intereses. Filing tax return someone love died Esto es cierto aun si se denominan intereses en los documentos relacionados con el cierre. Filing tax return someone love died No puede deducir esos pagos como intereses hipotecarios de vivienda. Filing tax return someone love died Fondos procedentes de una hipoteca invertidos en valores exentos de impuestos. Filing tax return someone love died   No puede deducir los intereses hipotecarios de vivienda sobre la deuda con refugio legal o deuda sobre el valor neto de la vivienda si utilizó los fondos procedentes de la hipoteca para comprar valores o certificados que generan ingresos exentos de impuestos. Filing tax return someone love died La “deuda con refugio legal” y la “deuda sobre el valor neto de la vivienda” se definen anteriormente bajo Cantidad Deducible. Filing tax return someone love died Reembolsos de intereses. Filing tax return someone love died   Si recibe un reembolso de intereses en el mismo año tributario en que los pagó, tiene que reducir su gasto de intereses por la cantidad que se le reembolse. Filing tax return someone love died Si recibe un reembolso de intereses que dedujo en un año anterior, por regla general tiene que incluirlo en sus ingresos en el año en que lo reciba. Filing tax return someone love died No obstante, necesita incluirlo sólo hasta la cantidad de la deducción que redujo su impuesto el año anterior. Filing tax return someone love died Esto es cierto independientemente de si los intereses cobrados en exceso le fueron reembolsados o se usaron para reducir el principal pendiente de su hipoteca. Filing tax return someone love died    Si recibe un reembolso de intereses que pagó en exceso en un año anterior, generalmente recibirá el Formulario 1098, Mortgage Interest Statement (Estado de cuenta de los intereses hipotecarios), en inglés, que muestra el reembolso en el recuadro 3. Filing tax return someone love died Para más información sobre el Formulario 1098, vea Formulario 1098, Estado de Cuenta de los Intereses Hipotecarios , más adelante. Filing tax return someone love died   Para más información sobre cómo tratar los reembolsos de intereses deducidos en años anteriores, vea Recuperación de Fondos , en el capítulo 12. Filing tax return someone love died Puntos El término “puntos” se usa para describir ciertos cargos pagados, o tratados como pagados, por un prestatario para obtener una hipoteca de vivienda. Filing tax return someone love died Los puntos también se pueden llamar costos originarios de un préstamo, cargos máximos de un préstamo, descuento del préstamo o puntos de descuento. Filing tax return someone love died A un prestatario se le trata como si pagara todos los puntos que paga un vendedor de vivienda por la hipoteca del prestatario. Filing tax return someone love died Vea Puntos pagados por el vendedor , más adelante. Filing tax return someone love died Regla General Por lo general, no se puede deducir la cantidad completa de puntos en el año en que se pagaron. Filing tax return someone love died Debido a que son intereses pagados por adelantado, generalmente se deducen proporcionalmente a lo largo de la vigencia (duración) de la hipoteca. Filing tax return someone love died Vea Deducción Permitida Proporcionalmente , que se presenta a continuación. Filing tax return someone love died Para excepciones a la regla general, vea Deducción Permitida en el Año del Pago , más adelante. Filing tax return someone love died Deducción Permitida Proporcionalmente Si no reúne las condiciones mencionadas a continuación bajo Deducción Permitida en el Año del Pago , el préstamo no es considerado un préstamo para mejoras de viviendas, o si escoge no deducir la totalidad de sus puntos en el año en que los pagó, puede deducir los puntos proporcionalmente (igualmente) a lo largo de la vida del préstamo si reúne todas las condiciones siguientes: Utiliza el método contable a base de efectivo. Filing tax return someone love died Esto significa que declara sus ingresos en el año en que los reciba y deduce sus gastos en el año en que los paga. Filing tax return someone love died La mayoría de las personas usan este método. Filing tax return someone love died Su préstamo está garantizado por una vivienda. Filing tax return someone love died (La vivienda no necesita ser su vivienda principal). Filing tax return someone love died El plazo del préstamo no es más de 30 años. Filing tax return someone love died Si el plazo del préstamo es más de 10 años, las condiciones de su préstamo son las mismas que las de otros préstamos ofrecidos en su área para el mismo plazo o un plazo más largo. Filing tax return someone love died El monto de su préstamo es de $250,000 o menos o el número de puntos no sobrepasa: 4, si el plazo del préstamo es 15 años o menos o 6, si el plazo del préstamo es más de 15 años. Filing tax return someone love died Deducción Permitida en el Año del Pago Puede deducir la totalidad de los puntos en el año en que se pagaron si cumple todas las condiciones siguientes. Filing tax return someone love died (Puede usar la Figura 23-B como guía rápida de referencia para averiguar si sus puntos son totalmente deducibles en el año del pago). Filing tax return someone love died Su préstamo está garantizado por su vivienda principal. Filing tax return someone love died (Su vivienda principal es aquélla donde usted reside la mayor parte del tiempo). Filing tax return someone love died Pagar puntos es una práctica comercial establecida en el área donde se efectuó el préstamo. Filing tax return someone love died Los puntos pagados no eran mayores que los puntos que se suelen cobrar en esa área. Filing tax return someone love died Utiliza el método contable a base de efectivo. Filing tax return someone love died Esto significa que declara sus ingresos en el año en que los reciba y deduce sus gastos en el año en que los paga. Filing tax return someone love died (Si desea más información acerca de este método, vea Métodos Contables en el capítulo 1). Filing tax return someone love died Los puntos no se pagaron en lugar de cantidades que suelen declarase por separado en el informe de cierre, tales como cargos por tasación, cargos por inspección, honorarios correspondientes al título de la propiedad, honorarios de abogado e impuestos sobre la propiedad. Filing tax return someone love died Los fondos que usted proveyó antes del cierre, o en el momento del mismo, más los puntos pagados por el vendedor, eran por lo menos iguales a los puntos que se cobraron. Filing tax return someone love died No se requiere que los fondos que proveyó hayan sido aplicados a los puntos. Filing tax return someone love died Pueden incluir un pago inicial o de enganche, un depósito en plica, un depósito de buena fe y otros fondos que usted pagó en el momento, o antes, del cierre por cualquier razón. Filing tax return someone love died No puede haber tomado prestados dichos fondos de su prestamista o agente hipotecario. Filing tax return someone love died Usa el préstamo para comprar o construir su vivienda principal. Filing tax return someone love died Los puntos se calcularon como un porcentaje del principal de la hipoteca. Filing tax return someone love died La cantidad aparece indicada claramente en el informe de cierre (tal como el Settlement Statement, Form HUD-1 (Informe de Cierre, Formulario HUD-1, del Departamento de Vivienda y Desarrollo Urbano)) como puntos cobrados por la hipoteca. Filing tax return someone love died Los puntos pueden aparecer indicados como puntos pagados con fondos suyos o del vendedor. Filing tax return someone love died Figura 23-B. Filing tax return someone love died ¿Son los Puntos Totalmente Deducibles este Año? Please click here for the text description of the image. Filing tax return someone love died Figura 23-B. Filing tax return someone love died ¿Son Los Puntos Totalmente Deducibles Este Año? Nota: Si reúne todas estas condiciones, puede optar por deducir la totalidad de los puntos en el año en que los pagó o deducirlos a lo largo de la vigencia del préstamo. Filing tax return someone love died Préstamo para mejoras de vivienda. Filing tax return someone love died   También puede deducir, en el año en que fueron pagados, la totalidad de los puntos pagados sobre un préstamo para mejorar su vivienda principal, si se cumplen las condiciones (1) a (6). Filing tax return someone love died Segunda vivienda. Filing tax return someone love died No puede deducir la totalidad de los puntos que pague sobre préstamos garantizados por su segunda vivienda en el año en el que los pagó. Filing tax return someone love died Puede deducir esos puntos únicamente a lo largo de la vida del préstamo. Filing tax return someone love died Refinanciamiento. Filing tax return someone love died   Por regla general, los puntos que pague para refinanciar una hipoteca no son deducibles en su totalidad el año en que los pague. Filing tax return someone love died Esto es cierto aunque la nueva hipoteca esté garantizada por su vivienda principal. Filing tax return someone love died   Sin embargo, si usa parte de los fondos procedentes de la hipoteca refinanciada para mejorar su vivienda principal y cumple las primeras 6 condiciones que aparecen bajo Deducción Permitida en el Año del Pago , anteriormente, puede deducir toda la parte de los puntos relacionada con la mejora en el año en que los pagó con sus propios fondos. Filing tax return someone love died Puede deducir el resto de los puntos a lo largo de la vida del préstamo. Filing tax return someone love died Ejemplo 1. Filing tax return someone love died En 1998, Guillermo Campos obtuvo una hipoteca para comprar una vivienda. Filing tax return someone love died En el año 2013, Guillermo refinanció dicha hipoteca con un préstamo hipotecario de $100,000 a 15 años. Filing tax return someone love died La hipoteca está garantizada por su vivienda. Filing tax return someone love died Para obtener el nuevo préstamo, tuvo que pagar tres puntos ($3,000). Filing tax return someone love died Dos puntos ($2,000) eran por intereses pagados por adelantado y un punto ($1,000) por servicios, en lugar de cantidades que generalmente se declaran por separado en el informe de cierre. Filing tax return someone love died Guillermo pagó los puntos con sus fondos personales en vez de pagarlos con los fondos procedentes del nuevo préstamo. Filing tax return someone love died El pago de los puntos es una práctica comercial establecida en esa área y los puntos que se cobraron no son mayores que la cantidad que se suele cobrar en dicha área. Filing tax return someone love died El plazo para el primer pago de Guillermo sobre el nuevo préstamo venció el 1 de julio. Filing tax return someone love died Hizo seis pagos sobre el préstamo en el año 2013 y es un contribuyente que sigue el método contable a base de efectivo. Filing tax return someone love died Guillermo usó los fondos procedentes de la nueva hipoteca para amortizar su hipoteca actual. Filing tax return someone love died Aunque el nuevo préstamo hipotecario era para que Guillermo siguiera siendo el dueño de su vivienda principal, dicho préstamo no era para la compra o mejora de aquella vivienda. Filing tax return someone love died No puede deducir todos los puntos en el año 2013. Filing tax return someone love died Puede deducir dos puntos ($2,000) proporcionalmente a lo largo de la vida del préstamo. Filing tax return someone love died Deduce $67 [($2,000 ÷ 180 meses) × 6 pagos] de los puntos en el año 2013. Filing tax return someone love died El otro punto ($1,000) era un cargo por servicios y no se puede deducir. Filing tax return someone love died Ejemplo 2. Filing tax return someone love died Los hechos son iguales a los del Ejemplo 1, excepto que Guillermo usó $25,000 de los fondos procedentes del préstamo para mejorar su vivienda y $75,000 para amortizar su hipoteca actual. Filing tax return someone love died Guillermo deduce el 25% ($25,000 ÷ $100,000) de los puntos ($2,000) en el año 2013. Filing tax return someone love died Su deducción es de $500 ($2,000 × 25%). Filing tax return someone love died Además, Guillermo deduce la parte proporcionada de los $1,500 sobrantes ($2,000 − $500) que se tiene que pagar a plazos intercalados a lo largo de la vida del préstamo. Filing tax return someone love died Esto es $50 [($1,500 ÷ 180 meses) × 6 pagos] en el año 2013. Filing tax return someone love died La cantidad total que Guillermo deduce en el año 2013 es $550 ($500 + $50). Filing tax return someone love died Situaciones Especiales Esta sección describe ciertas situaciones especiales que podrían afectar su deducción de puntos. Filing tax return someone love died Descuento de la emisión original. Filing tax return someone love died   Si no reúne los requisitos para deducir los puntos en el año en que los pagó o deducirlos proporcionalmente a lo largo de la vida del préstamo, o si escoge no utilizar ninguno de estos métodos, los puntos reducen el precio de emisión del préstamo. Filing tax return someone love died Esta reducción resulta en un descuento de la emisión original, el cual se explica en el capítulo 4 de la Publicación 535, Business Expenses (Gastos de negocios), en inglés. Filing tax return someone love died Cantidades cobradas por servicios. Filing tax return someone love died   Las cantidades cobradas por el prestamista por servicios específicos relacionados con el préstamo no son intereses. Filing tax return someone love died Ejemplos de estos cargos son: Cargos de tasación, Cargos por servicios de notario y Costos de preparación del pagaré hipotecario o escritura de título. Filing tax return someone love died No puede deducir estas cantidades como puntos ni en el año en que las pagó ni a lo largo de la vigencia de la hipoteca. Filing tax return someone love died Puntos pagados por el vendedor. Filing tax return someone love died   El término “puntos” incluye cargos por colocación del préstamo que el vendedor le paga al prestamista para proporcionar financiamiento para el comprador. Filing tax return someone love died En el caso del vendedor. Filing tax return someone love died   El vendedor no puede deducir estos cargos como intereses. Filing tax return someone love died Pero sí son un gasto de venta que reduce la cantidad obtenida por el mismo. Filing tax return someone love died Vea el capítulo 15 para información sobre la venta de su vivienda. Filing tax return someone love died En el caso del comprador. Filing tax return someone love died    El comprador reduce la base de la vivienda por la cantidad de los puntos pagados por el vendedor y trata los puntos como si él o ella los hubiera pagado. Filing tax return someone love died Si se cumplen todas las condiciones anteriores bajo Deducción Permitida en el Año del Pago , el comprador puede deducir los puntos en el año en que los pagó. Filing tax return someone love died Si no se reúne alguna de esas condiciones, el comprador deduce los puntos a lo largo de la vida del préstamo. Filing tax return someone love died   Para más información sobre la base, vea el capítulo 13 . Filing tax return someone love died Si los fondos provistos son menores que los puntos. Filing tax return someone love died   Si reúne todas las condiciones de la sección anterior Deducción Permitida en el Año del Pago , excepto que los fondos que proveyó eran menores que los puntos que le fueron cobrados (condición (6)), puede deducir los puntos en el año en que los pagó, hasta la cantidad de fondos que proveyó. Filing tax return someone love died Además, puede deducir todo punto pagado por el vendedor. Filing tax return someone love died Ejemplo 1. Filing tax return someone love died Cuando sacó un préstamo hipotecario de $100,000 para comprar su vivienda en diciembre, le cobraron un punto ($1,000). Filing tax return someone love died Usted reúne todas las condiciones para deducir puntos en el año en que los pagó, excepto que los únicos fondos que proveyó eran los de un pago inicial o enganche de $750. Filing tax return someone love died De los $1,000 cobrados por puntos, puede deducir $750 en el año en que los pagó. Filing tax return someone love died Puede deducir los $250 sobrantes a lo largo de la vigencia de la hipoteca. Filing tax return someone love died Ejemplo 2. Filing tax return someone love died Los hechos son iguales a los del Ejemplo 1, excepto que la persona que le vendió su vivienda también pagó un punto ($1,000) para ayudarlo a obtener su hipoteca. Filing tax return someone love died En el año del pago, usted puede deducir $1,750 ($750 de la cantidad que le cobraron a usted más los $1,000 pagados por el vendedor). Filing tax return someone love died Puede deducir los $250 sobrantes a lo largo de la vigencia de la hipoteca. Filing tax return someone love died Tiene que restar de la base de su vivienda los $1,000 pagados por el vendedor. Filing tax return someone love died Puntos en exceso. Filing tax return someone love died   Si reúne todas las condiciones de la sección anterior, Deducción Permitida en el Año del Pago , salvo que los puntos pagados eran mayores que los que generalmente se pagan en su área (condición (3)), en el año del pago deduce sólo los puntos que se suelen cobrar. Filing tax return someone love died Tiene que deducir los puntos adicionales a lo largo de la vigencia de la hipoteca. Filing tax return someone love died Hipoteca que termina antes del plazo de vigencia convenido. Filing tax return someone love died   Si distribuye la deducción de los puntos a lo largo de la vigencia de la hipoteca, puede deducir todo saldo restante en el año en que vence la hipoteca. Filing tax return someone love died Sin embargo, si la refinancia con el mismo prestamista, no puede deducir ningún saldo restante de los puntos distribuidos a lo largo de la vigencia de dicha hipoteca. Filing tax return someone love died En vez de ello, deduzca el saldo restante a lo largo de la vigencia del nuevo préstamo. Filing tax return someone love died    Una hipoteca podría vencer antes de lo programado debido al pago por adelantado, refinanciamiento, ejecución de hipoteca o acontecimiento parecido. Filing tax return someone love died Ejemplo. Filing tax return someone love died Daniel pagó $3,000 en puntos en 2002 que tuvo que deducir distribuidos a lo largo de la vigiencia de su hipoteca de 15 años. Filing tax return someone love died Deduce $200 en puntos por año. Filing tax return someone love died Ha deducido $2,200 de estos puntos hasta el año 2012, inclusive. Filing tax return someone love died Daniel pagó por adelantado la totalidad de su hipoteca en el año 2013. Filing tax return someone love died Puede deducir los $800 de puntos restantes en el año 2013. Filing tax return someone love died Límites sobre la deducción. Filing tax return someone love died   No puede deducir la totalidad de los puntos sobre una hipoteca a menos que la misma corresponda a una de las categorías enumeradas anteriormente bajo Intereses totalmente deducibles . Filing tax return someone love died Vea la Publicación 936, en inglés, para más información. Filing tax return someone love died Primas de Seguro Hipotecario Las primas pagadas por un seguro hipotecario calificado durante el año 2013 se pueden deducir como intereses hipotecarios de vivienda. Filing tax return someone love died Dicho seguro tiene que estar relacionado con una deuda por adquisición de vivienda; el contrato de seguro tiene que haberse emitido después del año 2006. Filing tax return someone love died Seguro hipotecario calificado. Filing tax return someone love died   El seguro hipotecario calificado incluye seguros hipotecarios facilitados por el Departamento de Asuntos de los Veteranos, la Administración Federal de Vivienda o el Servicio de la Vivienda Rural y seguros hipotecarios privados (como se define en la sección 2 de la Homeowners Protection Act (Ley de Protección del Propietario de Vivienda) de 1998, según vigencia del 20 de diciembre de 2006). Filing tax return someone love died   El seguro hipotecario provisto por el Departamento de Asuntos de los Veteranos se conoce comúnmente como cargo de financiamiento (funding fee). Filing tax return someone love died Si es provisto por el Servicio de la Vivienda Rural, entonces se conoce como cargo de garantía (guarantee fee). Filing tax return someone love died Si el contrato de seguro hipotecario entró en vigencia en el año 2013, dichas comisiones se pueden deducir en su totalidad en ese mismo año. Filing tax return someone love died Póngase en contacto con el emisor del seguro hipotecario para calcular el monto deducible, si éste no se ha declarado en el recuadro 4 del Formulario 1098. Filing tax return someone love died Reglas especiales para pagos adelantados de seguro hipotecario. Filing tax return someone love died   Normalmente, si pagó primas de un seguro hipotecario calificado que se puedan asignar a algún período después del cierre del año tributario, se considera que dichas primas se han pagado en el período al que se asignan. Filing tax return someone love died Tiene que asignar las primas a lo largo del plazo de vigencia establecido por la hipoteca u 84 meses, lo que sea más corto, a partir del mes en el que se obtuvo el seguro. Filing tax return someone love died No se permite deducción alguna por el saldo no amortizado si se paga la hipoteca antes del plazo de vigencia convenido. Filing tax return someone love died Este párrafo no corresponde en el caso de un seguro hipotecario calificado que le haya facilitado el Departamento de Asuntos de los Veteranos o el Servicio de la Vivienda Rural. Filing tax return someone love died Vea el Ejemplo que se presenta a continuación. Filing tax return someone love died Ejemplo. Filing tax return someone love died Ronaldo compró una vivienda en mayo de 2012 y la financió por medio de una hipoteca de 15 años. Filing tax return someone love died Además, Ronaldo pagó por adelantado la totalidad de los $9,240 en seguros hipotecarios privados que estuvo obligado a pagar en el momento del cierre, en el mes de mayo. Filing tax return someone love died Ya que los $9,240 en seguros hipotecarios privados se pueden asignar a períodos posteriores a 2012, Ronaldo tiene que asignar los $9,240 a lo largo del plazo de vigencia establecido por la hipoteca u 84 meses, lo que sea más corto. Filing tax return someone love died Los ingresos brutos ajustados de Ronaldo son $76,000 para 2012. Filing tax return someone love died Ronaldo puede deducir $880 ($9,240 ÷ 84 x 8 meses) por primas de un seguro hipotecario calificado en 2012. Filing tax return someone love died Para 2013, Ronaldo puede deducir $1,320 ($9,240 ÷ 84 x 12 meses) si sus ingresos brutos ajustados son $100,000 o menos. Filing tax return someone love died En este ejemplo, las primas de seguro hipotecario son asignadas a lo largo de 84 meses, lo cual es más corto que el plazo de vigencia de 15 años (180 meses) establecido por la hipoteca. Filing tax return someone love died Límite sobre la deducción. Filing tax return someone love died   Si su ingreso bruto ajustado en la línea 38 del Formulario 1040 es más de $100,000 ($50,000, si es casado que presenta la declaración por separado), se reduce, e incluso podría eliminarse, la cantidad de las primas del seguro hipotecario que de otro modo serían deducibles. Filing tax return someone love died Para calcular la cantidad que puede deducir, vea Line 13 (Línea 13) en las Instrucciones del Anexo A (Formulario 1040) y complete la Mortgage Insurance Premiums Deduction Worksheet (Hoja de trabajo para la deducción de primas de seguro hipotecario). Filing tax return someone love died Si su ingreso bruto ajustado es más de $109,000 ($54,500, si es casado que presenta la declaración por separado) no puede deducir las primas de un seguro hipotecario. Filing tax return someone love died Formulario 1098, Estado de Cuenta de los Intereses Hipotecarios Si usted pagó $600 o más en intereses hipotecarios (incluidos ciertos puntos y primas de seguro hipotecario) durante el año sobre una hipoteca, generalmente recibirá un Formulario 1098, o estado de cuenta parecido, del titular de la hipoteca. Filing tax return someone love died Recibirá el estado de cuenta si le paga intereses a una persona (incluyendo una institución financiera o una sociedad anónima cooperativa de viviendas) en el transcurso de la ocupación o negocio de aquella persona. Filing tax return someone love died Una unidad del gobierno se considera una persona para fines de facilitar el estado de cuenta. Filing tax return someone love died El estado de cuenta para cada año debería serle enviado a usted a más tardar el 31 de enero del año siguiente. Filing tax return someone love died Una copia de este formulario también le será enviada al IRS. Filing tax return someone love died En el estado de cuenta aparecerá el total de los intereses que usted pagó durante el año, todas las primas de seguro hipotecario que pagó y, si compró una vivienda principal durante el año, también aparecerán en el estado de cuenta los puntos deducibles pagados durante el año, incluidos puntos pagados por el vendedor. Filing tax return someone love died Sin embargo, el estado de cuenta no debería mostrar ningún interés que una dependencia del gobierno haya pagado en nombre suyo. Filing tax return someone love died Por regla general, el Formulario 1098 incluirá sólo los puntos que usted puede deducir totalmente en el año en que los pagó. Filing tax return someone love died Sin embargo, ciertos puntos no incluidos en el Formulario 1098 también podrían ser deducibles en el año en que los pagó o a lo largo de la vigencia del préstamo. Filing tax return someone love died Vea la sección anterior Puntos , para determinar si puede deducir puntos que no aparecen en el Formulario 1098. Filing tax return someone love died Intereses pagados por adelantado en el Formulario 1098. Filing tax return someone love died   Si pagó intereses por adelantado en el año 2013 devengados en su totalidad para el 15 de enero de 2014, estos intereses pagados por adelantado podrían ser incluidos en el recuadro 1 del Formulario 1098. Filing tax return someone love died No obstante, no puede deducir la cantidad pagada por adelantado para enero del año 2014 en el año 2013. Filing tax return someone love died (Vea Intereses pagados por adelantado , anteriormente). Filing tax return someone love died Tendrá que calcular los intereses devengados en el año 2014 y restarlos de la cantidad del recuadro 1. Filing tax return someone love died Incluirá los intereses para enero del año 2014 con los demás intereses que pague para el año 2014. Filing tax return someone love died Vea Cómo Hacer la Declaración , más adelante. Filing tax return someone love died Intereses reembolsados. Filing tax return someone love died   Si recibió un reembolso de intereses hipotecarios que pagó en exceso en un año anterior, por lo general, recibirá un Formulario 1098 que muestre el reembolso en el recuadro 3. Filing tax return someone love died Vea Reembolsos de intereses , anteriormente. Filing tax return someone love died Primas de seguro hipotecario. Filing tax return someone love died   La cantidad de primas de seguro hipotecario que pagó en el año 2013 podría aparecer en el recuadro 4 del Formulario 1098. Filing tax return someone love died Vea Primas de Seguro Hipotecario , anteriormente. Filing tax return someone love died Intereses Procedentes de Inversiones Esta sección trata sobre los gastos de intereses que quizás podría deducir como inversionista. Filing tax return someone love died Si saca un préstamo para comprar propiedad que tiene con fines de inversión, los intereses que pague son intereses de inversión. Filing tax return someone love died Puede deducir intereses de inversión conforme al límite explicado más adelante. Filing tax return someone love died Sin embargo, no puede deducir intereses en los que incurrió para generar ingresos exentos de impuestos. Filing tax return someone love died Tampoco puede deducir gastos de intereses sobre una doble opción simultánea de compra y venta. Filing tax return someone love died Los intereses de inversión no incluyen intereses hipotecarios sobre una vivienda calificada. Filing tax return someone love died Tampoco incluyen intereses que se hayan tenido en cuenta al calcular ingresos o pérdidas provenientes de una actividad pasiva. Filing tax return someone love died Bienes de Inversión Los bienes que se tienen para fines de inversión incluyen bienes que producen intereses, dividendos, anualidades o regalías no generados en el curso normal de las operaciones de una ocupación o negocio. Filing tax return someone love died Además, incluyen bienes que producen ganancias o pérdidas (no generadas en el curso normal de las operaciones de una ocupación o negocio) provenientes de la venta o intercambio comercial de bienes que producen este tipo de ingresos o que se tienen para fines de inversión (a excepción de intereses en una actividad pasiva). Filing tax return someone love died Los bienes de inversión también incluyen la participación en una actividad relacionada con su ocupación o negocio en la que usted no participó materialmente (a excepción de una actividad pasiva). Filing tax return someone love died Socios, accionistas y beneficiarios. Filing tax return someone love died   Para determinar sus intereses de inversión, sume su participación en los intereses de inversión de una sociedad colectiva, sociedad anónima de tipo S, caudal hereditario o fideicomiso más sus demás intereses de inversión. Filing tax return someone love died Asignación de Gastos de Intereses Si saca un préstamo para fines comerciales o personales además de fines de inversión, tiene que asignar la deuda entre estos fines. Filing tax return someone love died Sólo el gasto de intereses de la parte de la deuda que se usa para fines de inversión se considera intereses de inversión. Filing tax return someone love died La asignación no se ve afectada por el uso de bienes que garantizan la deuda. Filing tax return someone love died Límite sobre la Deducción Por regla general, la deducción por gastos de intereses de inversión se limita a la cantidad del ingreso neto de inversiones. Filing tax return someone love died Puede trasladar al año tributario siguiente la cantidad de intereses de inversión que no pudo deducir debido a este límite. Filing tax return someone love died Los intereses trasladados se consideran intereses de inversión pagados o acumulados en ese año siguiente. Filing tax return someone love died Puede trasladar al año tributario siguiente intereses de inversión denegados aun si son mayores que su ingreso tributable en el año en que los intereses se pagaron o se acumularon. Filing tax return someone love died Ingresos Netos de Inversiones Determine la cantidad de sus ingresos netos de inversiones restando sus gastos de inversión (a excepción de los gastos de intereses) de sus ingresos de inversiones. Filing tax return someone love died Ingresos procedentes de inversiones. Filing tax return someone love died    Por regla general, esto incluye su ingreso bruto proveniente de bienes que se tengan con fines de inversión (tales como intereses, dividendos, anualidades y regalías). Filing tax return someone love died El ingreso de inversiones no incluye dividendos del Alaska Permanent Fund (Fondo Permanente de Alaska). Filing tax return someone love died Tampoco incluye dividendos calificados o ganancias de capital netas a no ser que usted escoja incluirlos. Filing tax return someone love died Si escoge incluir dividendos calificados. Filing tax return someone love died   Los ingresos de inversiones normalmente no incluyen dividendos calificados, explicados en el capítulo 8. Filing tax return someone love died No obstante, puede escoger incluir la totalidad o parte de sus dividendos calificados en los ingresos de inversiones. Filing tax return someone love died   Esta opción se hace llenando la línea 4g del Formulario 4952, en inglés, según las instrucciones del mismo. Filing tax return someone love died   Si escoge incluir alguna cantidad de sus dividendos calificados en los ingresos de inversiones, tendrá que restar esa misma cantidad de los dividendos calificados con derecho a las tasas tributarias más bajas aplicadas a ganancias de capital. Filing tax return someone love died Si escoge incluir ganancias netas de capital. Filing tax return someone love died   Por regla general, los ingresos de inversiones no incluyen ganancias netas de capital provenientes de la enajenación de bienes de inversión (incluidas distribuciones de ganancias de capital provenientes de fondos mutuos). Filing tax return someone love died No obstante, puede escoger incluir la totalidad o parte de sus ganancias netas de capital en los ingresos de inversiones. Filing tax return someone love died    Esta opción se hace llenando la línea 4g del Formulario 4952, en inglés, según las instrucciones del mismo. Filing tax return someone love died   Si escoge incluir alguna cantidad de sus ganancias netas de capital en los ingresos de inversiones, tiene que restar esa misma cantidad de las ganancias netas de capital con derecho a las tasas tributarias más bajas aplicadas a ganancias de capital. Filing tax return someone love died    Antes de escoger entre las dos opciones, tenga en cuenta el efecto general sobre su obligación tributaria. Filing tax return someone love died Compare el impuesto que pagaría si tomara una o ambas opciones con el impuesto si no tomara ninguna de las dos. Filing tax return someone love died Ingresos de inversiones de un hijo declarados por los padres. Filing tax return someone love died    Los ingresos de inversiones incluyen la parte del ingreso de intereses y dividendos de su hijo que escoge declarar en su declaración. Filing tax return someone love died Si el hijo no tiene dividendos calificados, dividendos del Alaska Permanent Fund (Fondo Permanente de Alaska) o distribuciones de ganancias de capital, esta cantidad corresponde a la línea 6 del Formulario 8814, Parents' Election To Report Child's Interest and Dividends (Elección de los padres de declarar los intereses y dividendos del hijo), en inglés. Filing tax return someone love died Dividendos calificados del hijo. Filing tax return someone love died   Si parte de la cantidad que usted declara corresponde a los dividendos calificados de su hijo, esa parte (la cual se declara en la línea 9b del Formulario 1040) generalmente no cuenta como ingreso de inversiones. Filing tax return someone love died Sin embargo, puede escoger incluir toda o parte de la misma en los ingresos de inversiones, como se explica en Si escoge incluir dividendos calificados , anteriormente. Filing tax return someone love died   Sus ingresos de inversiones también incluyen la cantidad de la línea 12 del Formulario 8814 (o, si corresponde, la cantidad reducida calculada bajo Dividendos del Alaska Permanent Fund (Fondo Permanente de Alaska) del hijo, tema presentado a continuación. Filing tax return someone love died Dividendos del Alaska Permanent Fund (Fondo Permanente de Alaska) del hijo. Filing tax return someone love died   Si parte de la cantidad que declara corresponde a los dividendos de su hijo del Alaska Permanent Fund, dicha parte no cuenta como ingresos de inversiones. Filing tax return someone love died Para calcular la cantidad de los ingresos de su hijo que usted puede considerar ingresos de inversiones suyos, empiece con la cantidad que aparece en la línea 6 del Formulario 8814. Filing tax return someone love died Multiplique dicha cantidad por un porcentaje que sea igual a los dividendos del Alaska Permanent Fund divididos por el total de la línea 4 del Formulario 8814. Filing tax return someone love died Reste el resultado de la cantidad de la línea 12 del Formulario 8814. Filing tax return someone love died Distribuciones de las ganancias de capital del hijo. Filing tax return someone love died    Si parte de la cantidad que usted declara corresponde a distribuciones de las ganancias de capital de su hijo, dicha parte (la cual se declara en la línea 13 del Anexo D o la línea 13 del Formulario 1040) generalmente no cuenta como ingresos de inversiones. Filing tax return someone love died Sin embargo, puede escoger incluir la totalidad o parte de la misma en los ingresos de inversiones, como se explica en Si escoge incluir ganancias netas de capital , anteriormente. Filing tax return someone love died   Sus ingresos de inversiones también incluyen la cantidad de la línea 12 del Formulario 8814 (o, si corresponde, la cantidad reducida calculada bajo Dividendos del Alaska Permanent Fund (Fondo Permanente de Alaska) del hijo , anteriormente). Filing tax return someone love died Gastos de inversión. Filing tax return someone love died   Los gastos de inversión incluyen las deducciones permitidas (a excepción de los gastos de intereses) relacionados directamente con la generación de ingresos de inversión. Filing tax return someone love died Los gastos de inversión que se incluyan como deducción detallada miscelánea en el Anexo A (Formulario 1040) son deducciones permisibles después de haberse aplicado el límite del 2% que corresponde a las deducciones detalladas misceláneas. Filing tax return someone love died Utilice la cantidad que sea menor entre: Los gastos de inversión incluidos en la línea 23 del Anexo A (Formulario 1040) o La cantidad de la línea 27 del Anexo A. Filing tax return someone love died Pérdidas de actividades pasivas. Filing tax return someone love died   Los ingresos o gastos que usted utilizó al calcular su ingreso o pérdida de una actividad pasiva no se incluyen al determinar sus ingresos o gastos de inversión (incluidos gastos de intereses de inversión). Filing tax return someone love died Vea la Publicación 925, Passive Activity and At-Risk Rules (Actividad pasiva y reglas sobre el monto a riesgo), en inglés, para información acerca de las actividades pasivas. Filing tax return someone love died Formulario 4952 Use el Formulario 4952, Investment Interest Expense Deduction (Deducción por gastos de intereses de inversión), en inglés, para calcular su deducción por intereses de inversión. Filing tax return someone love died Excepción al uso del Formulario 4952. Filing tax return someone love died   No tiene que llenar el Formulario 4952 ni adjuntarlo a su declaración si reúne todos los requisitos siguientes: Sus gastos de intereses de inversión no son mayores que sus ingresos de inversión provenientes de intereses y dividendos ordinarios menos los dividendos calificados. Filing tax return someone love died No tiene ningún otro gasto de inversión deducible. Filing tax return someone love died No ha traspasado ningún gasto de intereses de inversión del año 2012. Filing tax return someone love died Si reúne todas estas condiciones, puede deducir todos sus intereses de inversión. Filing tax return someone love died Información Adicional Para más información sobre los intereses de inversión, vea Interest Expenses (Gastos de intereses), en el capítulo 3 de la Publicación 550, en inglés. Filing tax return someone love died Cantidades que No Puede Deducir Algunos pagos de intereses no son deducibles. Filing tax return someone love died Ciertos gastos semejantes a los intereses tampoco son deducibles. Filing tax return someone love died Los gastos no deducibles incluyen los siguientes: Intereses personales (explicados más adelante). Filing tax return someone love died Cargos por servicios (no obstante, vea Otros Gastos (Línea 23) en el capítulo 28). Filing tax return someone love died Cargos anuales por tarjetas de crédito. Filing tax return someone love died Cargos de préstamos. Filing tax return someone love died Cargos por investigación de crédito. Filing tax return someone love died Intereses para comprar o tener valores exentos de impuestos. Filing tax return someone love died Multas y sanciones. Filing tax return someone love died   No puede deducir multas y sanciones pagadas a un gobierno por violaciones de la ley, independientemente de su naturaleza. Filing tax return someone love died Intereses Personales Los intereses personales no son deducibles. Filing tax return someone love died Los intereses personales son aquellos intereses que no son intereses hipotecarios de vivienda, intereses de inversión, intereses comerciales u otros intereses deducibles. Filing tax return someone love died Incluyen lo siguiente: Intereses sobre préstamos de automóvil (a menos que usted use el automóvil para negocios). Filing tax return someone love died Intereses sobre el impuesto federal, estatal o local sobre el ingreso. Filing tax return someone love died Cargos por financiamiento de tarjetas de crédito, contratos de venta al por menor a plazos y cuentas de crédito rotativas en los que se ha incurrido por gastos personales. Filing tax return someone love died Multas por pagos atrasados por una empresa de servicios públicos. Filing tax return someone love died Quizás pueda deducir los intereses que pague sobre un préstamo de estudios calificado. Filing tax return someone love died Para más detalles, vea la Publicación 970, Tax Benefits for Education (Beneficios tributarios por estudios), en inglés. Filing tax return someone love died Asignación de Intereses Si usa los fondos de un préstamo para más de un propósito (por ejemplo, personal y comercial), tiene que asignar los intereses sobre el préstamo para cada uso. Filing tax return someone love died Sin embargo, no tiene que asignar intereses hipotecarios de vivienda si son totalmente deducibles, independientemente de cómo se usen los fondos. Filing tax return someone love died Los intereses sobre un préstamo (a excepción de intereses hipotecarios de vivienda totalmente deducibles) se asignan igual que se asigna el préstamo mismo. Filing tax return someone love died Esto se hace averiguando cómo se asignaron a usos específicos los desembolsos de los fondos procedentes de la deuda. Filing tax return someone love died Para más información sobre cómo hacer esto, vea el capítulo 4 de la Publicación 535, en inglés. Filing tax return someone love died Cómo Hacer la Declaración Tiene que presentar el Formulario 1040 para deducir los gastos de intereses hipotecarios de vivienda en su declaración de impuestos. Filing tax return someone love died El lugar donde se deducen los gastos de intereses suele depender de cómo se usen los fondos procedentes del préstamo. Filing tax return someone love died Vea la Tabla 23-1 para un resumen de dónde deducir sus gastos de intereses. Filing tax return someone love died Tabla 23-1. Filing tax return someone love died Dónde Deducir los Gastos de Intereses SI usted tiene. Filing tax return someone love died . Filing tax return someone love died . Filing tax return someone love died ENTONCES dedúzcalo en la. Filing tax return someone love died . Filing tax return someone love died . Filing tax return someone love died Y para más información pase a la(s). Filing tax return someone love died . Filing tax return someone love died . Filing tax return someone love died intereses deducibles sobre un préstamo de estudios línea 33 del Formulario 1040 o la línea 18 del Formulario 1040A Publicación 970, en inglés. Filing tax return someone love died intereses deducibles sobre una hipoteca de vivienda y puntos declarados en el Formulario 1098 línea 10 del Anexo A (Formulario 1040) Publicación 936, en inglés. Filing tax return someone love died intereses deducibles sobre una hipoteca de vivienda no declarados en el Formulario 1098 línea 11 del Anexo A (Formulario 1040) Publicación 936, en inglés. Filing tax return someone love died puntos deducibles no declarados en el Formulario 1098 línea 12 del Anexo A (Formulario 1040) Publicación 936, en inglés. Filing tax return someone love died primas de un seguro hipotecario deducibles línea 13 del Anexo A (Formulario 1040) Publicación 936, en inglés. Filing tax return someone love died intereses de inversión deducibles (a excepción de intereses en los que se haya incurrido para generar alquileres o regalías) línea 14 del Anexo A (Formulario 1040) Publicación 550, en inglés. Filing tax return someone love died intereses comerciales deducibles (no agrícolas) Anexo C o C-EZ (Formulario 1040) Publicación 535, en inglés. Filing tax return someone love died intereses deducibles de negocio agrícola Anexo F (Formulario 1040) Publicaciones 225 y 535, en inglés. Filing tax return someone love died intereses deducibles en los que se haya incurrido para generar alquileres o regalías Anexo E (Formulario 1040) Publicaciones 527 y 535, en inglés. Filing tax return someone love died intereses personales no deducibles. Filing tax return someone love died Intereses y puntos de una hipoteca de vivienda. Filing tax return someone love died   Deduzca los intereses y puntos de una hipoteca de vivienda que le sean declarados a usted en el Formulario 1098, anotándolos en la línea 10 del Anexo A (Formulario 1040). Filing tax return someone love died Si usted le pagó a la institución financiera más intereses deducibles que la cantidad que aparece en el Formulario 1098, anote la cantidad deducible que sea mayor en la línea 10. Filing tax return someone love died Adjunte un documento escrito explicando la diferencia y escriba “See attached” (Vea el documento adjunto) en letra de molde al lado de la línea 10. Filing tax return someone love died    En el caso de los intereses hipotecarios de vivienda que no se le declararon a usted en el Formulario 1098, dedúzcalos en la línea 11 del Anexo A (Formulario 1040). Filing tax return someone love died Si le pagó intereses hipotecarios de vivienda a la persona a la cual le compró su vivienda, anote el nombre, dirección y número de identificación del contribuyente (TIN, por sus siglas en inglés) de dicha persona en la línea de puntos al lado de la línea 11. Filing tax return someone love died El vendedor tiene que darle a usted este número y usted tiene que darle al vendedor su número de identificación del contribuyente. Filing tax return someone love died Para este fin, puede utilizar el Formulario W-9(SP), Solicitud y Certificación del Número de Identificación del Contribuyente (o el Formulario W-9, en inglés). Filing tax return someone love died La falta de cumplimiento de alguno de estos requisitos podría resultar en una multa de $50 por cada incumplimiento. Filing tax return someone love died El TIN puede ser un número de Seguro Social, un número de identificación de contribuyente individual (emitido por el IRS) o un número de identificación del empleador. Filing tax return someone love died Vea Número de Seguro Social , en el capítulo 1, para más información sobre los TIN. Filing tax return someone love died    Si puede declarar una deducción por puntos que no le fueron comunicados en el Formulario 1098, deduzca esos puntos en la línea 12 del Anexo A (Formulario 1040). Filing tax return someone love died    Deduzca primas de seguro hipotecario en la línea 13 del Anexo A (Formulario 1040). Filing tax return someone love died Más de un prestatario. Filing tax return someone love died   Si usted y por lo menos otra persona (que no sea su cónyuge, si presenta una declaración conjunta) eran responsables de pagar, y pagaron, los intereses de una hipoteca para su vivienda, y la otra persona recibió un Formulario 1098 mostrando los intereses pagados durante el año, adjunte un documento escrito a su declaración de impuestos explicándolo. Filing tax return someone love died Anote la cantidad de los intereses que cada uno pagó y dé el nombre y la dirección de la persona que recibió el formulario. Filing tax return someone love died Deduzca su parte de los intereses en la línea 11 del Anexo A (Formulario 1040) y escriba “ See attached ” (Vea el documento adjunto) en letra de molde al lado de esta línea. Filing tax return someone love died Además, deduzca su parte de toda prima de seguro hipotecario en la línea 13 del Anexo A (Formulario 1040). Filing tax return someone love died   Del mismo modo, si es el pagador oficial de una hipoteca sobre la cual hay otros prestatarios con derecho a una deducción por los intereses que aparecen en el Formulario 1098 que recibió, deduzca únicamente su parte de los intereses en la línea 10 del Anexo A (Formulario 1040). Filing tax return someone love died Usted debe comunicarles a los demás prestatarios qué participación en los intereses tiene cada uno. Filing tax return someone love died Fondos procedentes de una hipoteca utilizados para negocios o inversiones. Filing tax return someone love died    Si su deducción por intereses hipotecarios de vivienda es limitada pero la totalidad o una parte de los fondos procedentes de la hipoteca se utilizaron para fines comerciales, de inversión o para otras actividades deducibles, vea la Tabla 23-1 . Filing tax return someone love died La misma indica dónde deducir las partes de los intereses en exceso que correspondan a esas actividades. Filing tax return someone love died Intereses de inversión. Filing tax return someone love died    Deduzca los intereses de inversión, sujetos a ciertos límites explicados en la Publicación 550, en inglés, anotándolos en la línea 14 del Anexo A (Formulario 1040). Filing tax return someone love died Amortización de primas sobre bonos. Filing tax return someone love died   Hay varias maneras de tratar las primas que se pagan para comprar bonos tributables. Filing tax return someone love died Vea Bond Premium Amortization (Amortización de Primas sobre Bonos) en la Publicación 550, en inglés. Filing tax return someone love died Intereses por regalías o de alquiler que generen ingresos. Filing tax return someone love died   Deduzca en la Parte I del Anexo E (Formulario 1040) los intereses sobre un préstamo para bienes de alquiler que generen ingresos o bienes que generen regalías y que no se usen en un negocio. Filing tax return someone love died Ejemplo. Filing tax return someone love died Usted alquila una parte de su vivienda y saca un préstamo para hacer reparaciones. Filing tax return someone love died Puede deducir sólo el pago de intereses de la parte alquilada anotándolo en la Parte I del Anexo E (Formulario 1040). Filing tax return someone love died Deduzca el resto del pago de intereses en el Anexo A (Formulario 1040) si son intereses hipotecarios de vivienda deducibles. 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