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Free State File Taxes

Free state file taxes 37. Free state file taxes   Otros Créditos Table of Contents Qué Hay de Nuevo Introduction Useful Items - You may want to see: Créditos no ReembolsablesCrédito por Adopción Crédito por Vehículo Motorizado Alternativo Crédito por Bienes de Reabastecimiento de Vehículos con Combustible Alternativo Crédito para Titulares de Bonos de Crédito Tributario Crédito por Impuestos Extranjeros Crédito por Intereses Hipotecarios Crédito no Reembolsable del Impuesto Mínimo de Años Anteriores Crédito por Vehículos Enchufables con Motor de Dirección Eléctrica Créditos por Energía de la Propiedad Residencial Crédito por Aportaciones a Cuentas de Ahorro para la Jubilación (Crédito del Ahorrador) Créditos ReembolsablesCrédito por el Impuesto sobre Ganancias de Capital no Distribuidas Crédito Tributario por Cobertura del Seguro Médico Crédito por Retención en Exceso del Impuesto del Seguro Social o del Impuesto de la Jubilación Ferroviaria Qué Hay de Nuevo Crédito por adopción. Free state file taxes . Free state file taxes  El crédito máximo por adopción es $12,970 para el año 2013. Free state file taxes Vea Crédito por Adopción . Free state file taxes Crédito por vehículo electrónico enchufable. Free state file taxes  El crédito por vehículos electrónicos enchufables ha vencido. Free state file taxes Crédito reembolsable del impuesto mínimo de años anteriores. Free state file taxes   La parte reembolsable del crédito del impuesto mínimo alternativo de años anteriores ha vencido. Free state file taxes Retención en exceso de los impuestos al Seguro Social y a la jubilación ferroviaria. Free state file taxes . Free state file taxes  Tanto los impuestos al Seguro Social como los impuestos del nivel 1 de jubilación ferroviaria (RRTA, por sus siglas en inglés) fueron retenidos de los salarios hasta el límite de $113,700 a una tasa de 6. Free state file taxes 2% durante 2013. Free state file taxes Si durante 2013, usted trabajó para más de un empleador y se le retuvo demasiado impuesto al Seguro Social o de jubilación ferroviaria, podría tener derecho a un crédito por la retención en exceso. Free state file taxes Vea Crédito por Retención en Exceso del Impuesto del Seguro Social o deI Impuesto de la Jubilación Ferroviaria . Free state file taxes Introduction Este capítulo trata de los siguientes créditos no reembolsables: Crédito por adopción. Free state file taxes Crédito por vehículo motorizado alternativo. Free state file taxes Crédito por bienes de reabastecimiento de vehículos con combustible alternativo. Free state file taxes Crédito para titulares de bonos de crédito tributario. Free state file taxes Crédito por impuestos extranjeros. Free state file taxes Crédito por intereses hipotecarios. Free state file taxes Crédito no reembolsable del impuesto mínimo de años anteriores. Free state file taxes Crédito por vehículos enchufables con motor de dirección eléctrica. Free state file taxes Créditos por energía de la propiedad residencial. Free state file taxes Crédito por aportaciones a arreglos de ahorros para la jubilación. Free state file taxes Este capítulo trata también de los siguientes créditos reembolsables: Crédito por el impuesto sobre ganancias de capital no distribuidas. Free state file taxes Crédito tributario por cobertura del seguro médico. Free state file taxes Crédito por retención en exceso del impuesto del Seguro Social o del impuesto de la jubilación ferroviaria. Free state file taxes En otros capítulos de esta publicación, se explican otros créditos. Free state file taxes Crédito por gastos del cuidado de menores y dependientes (capítulo 32). Free state file taxes Crédito para ancianos o personas incapacitadas (capítulo 33). Free state file taxes Crédito tributario por hijos (capítulo 34). Free state file taxes Créditos tributarios por estudios (capítulo 35). Free state file taxes Crédito por ingreso del trabajo (capítulo 36). Free state file taxes Créditos no reembolsables. Free state file taxes   La primera parte de este capítulo, Créditos no Reembolsables , abarca diez créditos que se restan de sus impuestos. Free state file taxes Puede ser que estos créditos reduzcan los impuestos a cero. Free state file taxes Si estos créditos superan el total de sus impuestos, no se le devuelve el excedente. Free state file taxes Créditos reembolsables. Free state file taxes   La segunda parte de este capítulo, Créditos Reembolsables , abarca tres créditos que se consideran pagos y que le pueden ser reembolsados. Free state file taxes Estos créditos se agregan a los impuestos federales sobre el ingreso retenidos y todo pago de impuesto estimado que haya hecho. Free state file taxes Si el total de éstos es superior al total de los impuestos, se le reembolsará el excedente. Free state file taxes Useful Items - You may want to see: Publicación 502 Medical and Dental Expenses (Gastos médicos y dentales), en inglés 514 Foreign Tax Credit for Individuals (Crédito por impuestos del extranjero para personas físicas), en inglés 530 Tax Information for Homeowners (Información tributaria para propietarios de vivienda), en inglés 590 Individual Retirement Arrangements (IRAs) (Arreglos de ahorros para la jubilación (Arreglos IRA)), en inglés Formulario (e Instrucciones) 1116 Foreign Tax Credit (Crédito por impuestos extranjeros), en inglés 2439 Notice to Shareholder of Undistributed Long-Term Capital Gains (Aviso al accionista de ganancias de capital a largo plazo no distribuidas), en inglés 5695 Residential Energy Credits (Créditos por energía de la propiedad residencial), en inglés 8396 Mortgage Interest Credit (Crédito por intereses hipotecarios), en inglés 8801 Credit For Prior Year Minimum Tax – Individuals, Estates, and Trusts (Crédito del impuesto mínimo de años anteriores–personas físicas, caudales hereditarios o fideicomisos), en inglés 8828 Recapture of Federal Mortgage Subsidy (Recuperación del subsidio hipotecario federal), en inglés 8839 Qualified Adoption Expenses (Gastos de adopción calificados), en inglés 8880 Credit for Qualified Retirement Savings Contributions (Crédito por aportaciones calificadas a arreglos de ahorros para la jubilación), en inglés 8885 Health Coverage Tax Credit (Crédito tributario por cobertura del seguro médico), en inglés 8910 Alternative Motor Vehicle Credit (Crédito por vehículo motorizado alternativo), en inglés 8911 Alternative Fuel Vehicle Refueling Property Credit (Crédito por bienes de reabastecimiento de vehículos de combustible alternativo), en inglés 8912 Credit to Holders of Tax Credit Bonds (Crédito para titulares de bonos de crédito tributario), en inglés 8936 Qualified Plug-In Electric Drive Motor Vehicle Credit (Crédito por vehículos enchufables con motor de dirección eléctrica que reúnen los requisitos), en inglés Créditos no Reembolsables Los créditos tratados en esta parte del capítulo pueden reducir los impuestos. Free state file taxes No obstante, si el total de estos créditos supera el total de sus impuestos, no se le devuelve el excedente. Free state file taxes Crédito por Adopción Tal vez pueda tomar un crédito tributario de hasta $12,970 por gastos calificados que se hayan pagado para adoptar a un niño que reúna los requisitos. Free state file taxes El crédito podría permitirse en el caso de la adopción de un niño con necesidades especiales aunque usted no tenga gastos calificados. Free state file taxes El crédito se reduce si tiene ingresos brutos modificados (MAGI, por sus siglas en inglés) mayores de $194,580. Free state file taxes Si tiene ingresos brutos modificados iguales o mayores de $234,580 no puede reclamar el crédito. Free state file taxes Gastos de adopción calificados. Free state file taxes   Los gastos de adopción calificados son gastos razonables y necesarios directamente relacionados con la adopción legal de un hijo que reúna los requisitos y cuyo fin sea la adopción legal. Free state file taxes Dichos gastos abarcan: Honorarios de adopción, Costos judiciales, Honorarios de abogado, Gastos de viaje (incluyendo gastos de comida y alojamiento) mientras esté fuera de casa y Gastos de readopción para adoptar a un niño extranjero. Free state file taxes Gastos no calificados. Free state file taxes   Los gastos de adopción calificados no abarcan gastos: Que infrinjan la ley estatal o federal, Para llevar a cabo un acuerdo para autorizar los cuidados de un tutor (o padre sustituto), Por la adopción del hijo de su cónyuge, Para los cuales haya recibido fondos conforme a algún programa federal, estatal o local, Permitidos como crédito o deducción conforme a algún otro requisito de los impuestos federales sobre el ingreso o Pagados o reembolsados por su empleador o alguna otra persona u organización. Free state file taxes Hijo que reúne los requisitos. Free state file taxes   El término “hijo que reúne los requisitos” designa a toda persona que: Tenga menos de 18 años de edad o Esté física o mentalmente incapacitada para cuidar de sí misma. Free state file taxes Hijo con necesidades especiales. Free state file taxes   Un hijo con necesidades especiales reúne los requisitos si se dan las tres condiciones siguientes: El hijo fue ciudadano o residente de los Estados Unidos (incluyendo posesiones (territorios no autónomos) de los EE. Free state file taxes UU. Free state file taxes ) al iniciarse los trámites de adopción. Free state file taxes Un estado (incluido el Distrito de Columbia) ha determinado que el hijo no puede o no debe ser devuelto al hogar de sus padres. Free state file taxes El estado ha decidido que el hijo no puede ser adoptado a no ser que se les proporcione ayuda a los padres adoptivos. Free state file taxes Los factores que los estados usan para llegar a esta determinación incluyen los siguientes: El origen étnico del hijo, La edad del hijo, Si el hijo es miembro de un grupo de minoría o tiene hermanos o hermanas y Si el hijo padece de una afección médica o un impedimento físico, mental o emocional. Free state file taxes Cuándo reclamar el crédito. Free state file taxes   Generalmente, hasta finalizar la adopción, se toma el crédito en el año siguiente al año en el que se hayan ocasionado o pagado los gastos calificados. Free state file taxes Si se concluye el proceso de adopción, reclame el crédito en el año en el que se hayan ocasionado o pagado los gastos. Free state file taxes Vea las Instrucciones del Formulario 8839 para más información sobre cuándo se debe reclamar el crédito. Free state file taxes Hijo extranjero. Free state file taxes   Si el hijo no es ciudadano o residente de los EE. Free state file taxes UU. Free state file taxes al empezar los trámites de adopción, usted no puede reclamar el crédito a menos que concluya el proceso de adopción. Free state file taxes Todo gasto de adopción que se haya ocasionado o pagado en años anteriores al finalizar el proceso de adopción se considera ocasionado o pagado en el año en que se concluya dicho proceso. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Calcule su crédito no reembolsable de 2013 y cualquier crédito que está traspasando a el 2014 en el Formulario 8839 y adjúntelo a su Formulario 1040. Free state file taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Free state file taxes Marque la casilla c y anote “8839” en la línea que se encuentra junto a esa casilla. Free state file taxes Más información. Free state file taxes   Para información adicional, vea las Instrucciones del Formulario 8839, en inglés. Free state file taxes Crédito por Vehículo Motorizado Alternativo Quizás pueda reclamar este crédito si pone en uso un vehículo motorizado de pila de combustible calificado en 2013. Free state file taxes Cantidad del crédito. Free state file taxes   Generalmente, puede basarse en la certificación del fabricante al IRS para saber si un vehículo de cierta marca, modelo y año reúne los requisitos para el crédito y para la cantidad máxima del mismo por el cual reúne los requisitos. Free state file taxes Si se trata de un fabricante extranjero, por lo general, puede basarse en la certificación de su distribuidor nacional al IRS. Free state file taxes    Normalmente, la cantidad del crédito suele ser el 100% del crédito máximo permisible tal y como lo certifique el fabricante (o el distribuidor nacional al IRS). Free state file taxes Cómo reclamar el crédito. Free state file taxes   Para tomar el crédito, tiene que completar el Formulario 8910 y adjuntarlo al Formulario 1040. Free state file taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Free state file taxes Marque el recuadro c y anote “8910” en la línea al lado de dicho recuadro. Free state file taxes Información adicional. Free state file taxes   Para más información sobre el crédito, vea las Instrucciones del Formulario 8910. Free state file taxes Crédito por Bienes de Reabastecimiento de Vehículos con Combustible Alternativo Tal vez pueda tomar un crédito si pone en uso en 2013 bienes de reabastecimiento de vehículos con combustible alternativo calificados. Free state file taxes Bienes de reabastecimiento de vehículos de combustible alternativo calificados. Free state file taxes   Los bienes de reabastecimiento de vehículos de combustible alternativo calificados son aquéllos (que no sean edificios ni los componentes estructurales de los mismos) que se utilicen para cualquiera de los siguientes: Para almacenar o surtir un combustible alternativo en el tanque de combustible de un vehículo de motor propulsado por dicho combustible, pero sólo si el proceso de almacenamiento o reabastecimiento se lleva a cabo en el sitio donde el combustible se coloca en ese tanque. Free state file taxes Para recargar un vehículo eléctrico, pero sólo si la propiedad de recarga se encuentra en el lugar donde se recarga el vehículo. Free state file taxes   Los siguientes son combustibles alternativos: Todo combustible del cual por lo menos el 85% del volumen consiste en uno o más de los siguientes: etanol, gas natural, gas natural comprimido, gas natural licuado, gas licuado de petróleo o hidrógeno. Free state file taxes Toda mezcla que consista en dos o más de los siguientes: biodiésel, gasóleo (gasolina diésel) o queroseno y de la cual por lo menos el 20% del volumen consiste en biodiésel según determinado sin tener en cuenta cantidad alguna de queroseno. Free state file taxes Electricidad. Free state file taxes Cantidad del crédito. Free state file taxes   Para bienes de uso personal, el crédito suele ser la cantidad menor entre el 30% del costo de dichos bienes o $1,000. Free state file taxes Para bienes de uso comercial, el crédito suele ser la cantidad menor entre el 30% del costo de dichos bienes o $30,000. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Para tomar el crédito, tiene que completar el Formulario 8911 y adjuntarlo al Formulario 1040. Free state file taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Free state file taxes Marque el recuadro c y anote “8911” en la línea al lado de dicho recuadro. Free state file taxes Información adicional. Free state file taxes   Para más información sobre el crédito, vea las instrucciones del Formulario 8911, en inglés. Free state file taxes Crédito para Titulares de Bonos de Crédito Tributario Los bonos de crédito tributario son bonos de los cuales el titular recibe un crédito tributario en vez de los intereses sobre el bono, o una parte de los mismos. Free state file taxes Tal vez pueda reclamar un crédito si es titular de uno de los siguientes bonos: Bonos de energía limpia y renovable (emitidos antes de 2010). Free state file taxes Bonos de energía limpia y renovable nuevos. Free state file taxes Bonos calificados de ahorro de energía. Free state file taxes Bonos calificados de construcción de escuelas. Free state file taxes Bonos para zonas de academia calificadas. Free state file taxes Bonos de construcción de proyectos públicos en los Estados Unidos (Bonos Build America). Free state file taxes En algunos casos, un emisor puede optar por recibir un crédito correspondiente a los intereses pagados sobre el bono. Free state file taxes Si el emisor elige esta opción, usted no puede también reclamar un crédito. Free state file taxes Ingresos procedentes de intereses. Free state file taxes   La cantidad de todo crédito tributario permitido (calculado antes de aplicarse los límites de responsabilidad tributaria) se tiene que incluir en la declaración como ingresos procedentes de intereses. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Complete el Formulario 8912 y adjúntelo al Formulario 1040. Free state file taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Free state file taxes Marque el recuadro c y anote “8912” en la línea al lado de dicho recuadro. Free state file taxes Información adicional. Free state file taxes   Para más información, vea las Instrucciones del Formulario 8912, en inglés. Free state file taxes Crédito por Impuestos Extranjeros Generalmente, puede optar por declarar un crédito por los impuestos sobre el ingreso pagados o acumulados por usted a lo largo del año a un país extranjero o posesión (territorio no autónomo) de los Estados Unidos, aplicándolo como crédito contra el impuesto sobre el ingreso de los Estados Unidos. Free state file taxes O puede deducirlos como una deducción detallada (vea el capítulo 22). Free state file taxes No puede reclamar un crédito (ni una deducción) por impuestos sobre el ingreso extranjero pagado sobre ingresos que se excluyan del impuesto de los EE. Free state file taxes UU. Free state file taxes en los siguientes casos: Exclusión de ingresos ganados de fuentes en el extranjero. Free state file taxes Exclusión por concepto de vivienda en el extranjero. Free state file taxes Ingresos de fuentes en Puerto Rico exentos de impuestos de los Estados Unidos. Free state file taxes Exclusión en las posesiones (territorios no autónomos) de los Estados Unidos. Free state file taxes Límite del crédito. Free state file taxes   A menos que decida no presentar el Formulario 1116 (vea Excepción , más adelante), el crédito por impuestos extranjeros pagados no puede superar los impuestos a pagar al gobierno de los Estados Unidos (línea 44 del Formulario 1040), multiplicados por una fracción. Free state file taxes El numerador de esta fracción será los ingresos tributables de fuentes fuera de los Estados Unidos. Free state file taxes El denominador será el total de los ingresos tributables de fuentes en los Estados Unidos y en el extranjero. Free state file taxes Vea la Publicación 514, en inglés, para más información. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Complete el Formulario 1116 y adjúntelo al Formulario 1040. Free state file taxes Anote el crédito en la línea 47 del Formulario 1040. Free state file taxes Excepción. Free state file taxes   No necesita llenar el Formulario 1116 para reclamar el crédito si se dan todas las siguientes condiciones: Todos sus ingresos brutos de fuentes en el extranjero provienen de intereses y dividendos y dichos ingresos en su totalidad más los impuestos extranjeros que se pagaron sobre esos ingresos se les informaron a usted en el Formulario 1099-INT, Formulario 1099-DIV o en el Anexo K-1 (o un documento similar sustitutivo). Free state file taxes Si usted tuvo ingreso de dividendos provenientes de participación en acciones, usted mantuvo en tenencia dichas acciones por lo menos 16 dias. Free state file taxes No está presentando el Formulario 4563 ni excluyendo ingresos provenientes de fuentes en Puerto Rico. Free state file taxes El total de los impuestos extranjeros no era superior a $300 ($600 si es casado que presenta una declaración conjunta). Free state file taxes Todos sus impuestos extranjeros fueron: Adeudados legalmente y no reunían los requisitos para un reembolso y Pagados a países que son reconocidos como tal por los Estados Unidos y que no apoyan el terrorismo. Free state file taxes Más información. Free state file taxes   Para información más detallada acerca del crédito y estos requisitos, vea las Instrucciones del Formulario 1116, en inglés. Free state file taxes Crédito por Intereses Hipotecarios El crédito por intereses hipotecarios tiene la finalidad de ayudar a personas de bajos recursos a comprar una vivienda. Free state file taxes Si reúne los requisitos, puede reclamar el crédito cada año para una parte de los intereses hipotecarios de vivienda que pague. Free state file taxes Quién reúne los requisitos. Free state file taxes   Tal vez pueda reclamar el crédito si un gobierno estatal o local le emitió un certificado de crédito hipotecario que reúne los requisitos (MCC, por sus siglas en inglés). Free state file taxes Generalmente, un MCC se emite sólo en relación con una nueva hipoteca para la compra de su vivienda principal. Free state file taxes Cantidad del crédito. Free state file taxes   Calcule su crédito en el Formulario 8396. Free state file taxes Si la cantidad del préstamo hipotecario es igual (o menor que) a la cantidad adeudada confirmada (préstamo) que aparece en el MCC, anote en la línea 1 del Formulario 8396 todos los intereses que haya pagado sobre la hipoteca durante el año. Free state file taxes   Si la cantidad del préstamo hipotecario es mayor que la cantidad adeudada confirmada que aparece en el MCC, puede calcular el crédito sólo sobre una parte de los intereses que haya pagado. Free state file taxes Para encontrar la cantidad que debe anotar en la línea 1, multiplique por la siguiente fracción el total de los intereses que haya pagado sobre una hipoteca a lo largo del año. Free state file taxes      Cantidad adeudada confirmada que aparece en el MCC     Cantidad original de la hipoteca      Límite basado en la tasa de crédito. Free state file taxes   Si la tasa de crédito del certificado es superior al 20%, el crédito que se le permita no puede sobrepasar $2,000. Free state file taxes Si dos o más personas (que no sean un matrimonio que presente una declaración conjunta) tienen una participación en la vivienda a la que se refiere el MCC, este límite de $2,000 tiene que dividirse según la participación de cada persona. Free state file taxes Vea la Publicación 530, en inglés, para información adicional. Free state file taxes Traspasos a un año posterior. Free state file taxes   El crédito (luego de aplicar el límite basado en la tasa de crédito) también está sujeto a un límite basado en el impuesto calculado en el Formulario 8396. Free state file taxes Si el crédito permitido disminuye a causa de este límite sobre los impuestos adeudados, puede traspasar la parte del crédito que no haya utilizado a los 3 próximos años o hasta que se utilice en su totalidad, lo que ocurra primero. Free state file taxes   Si está sujeto al límite de los $2,000 debido a que la tasa de crédito del certificado es superior al 20%, no puede traspasar a un año posterior ninguna cantidad superior a $2,000 (o, en el caso de que tenga que dividir el crédito, la parte de los $2,000 que le corresponda). Free state file taxes Cómo reclamar el crédito. Free state file taxes    Calcule el crédito de 2013, y toda cantidad que se haya traspasado a 2014, en el Formulario 8396 y adjúntelo al Formulario 1040. Free state file taxes Cerciórese de incluir todo crédito traspasado, correspondiente a 2010, 2011 y 2012. Free state file taxes   Incluya el crédito en el total de la línea 53 del Formulario 1040. Free state file taxes Marque el recuadro c y escriba “8396” en la línea al lado de dicho recuadro. Free state file taxes Reducción de la deducción por intereses sobre una hipoteca de vivienda. Free state file taxes   Si detalla sus deducciones en el Anexo A del Formulario 1040, tiene que restar la cantidad del crédito por intereses hipotecarios, indicada en la línea 3 del Formulario 8396, de la deducción por intereses sobre una hipoteca de vivienda. Free state file taxes Tiene que hacerlo aunque parte de dicha cantidad se traspase a 2014. Free state file taxes Para más información sobre la deducción por intereses sobre una hipoteca de vivienda, vea el capítulo 23. Free state file taxes Recuperación del subsidio hipotecario federal. Free state file taxes   Si recibió un MCC junto con el préstamo hipotecario, podría verse obligado a recuperar (reintegrar) todo o parte del beneficio que haya recibido de ese programa. Free state file taxes Se le podría exigir esta recuperación si vende o enajena su vivienda con ganancias durante los 9 años siguientes al cierre de su préstamo hipotecario. Free state file taxes Vea las Instrucciones para el Formulario 8828, disponibles en inglés, y el capítulo 15 para más información. Free state file taxes Más información. Free state file taxes   Para información más detallada acerca del crédito, vea las instrucciones del Formulario 8396, en inglés. Free state file taxes Crédito no Reembolsable del Impuesto Mínimo de Años Anteriores La ley tributaria concede un trato especial a ciertos tipos de ingresos y permite deducciones y créditos especiales para algunos tipos de gastos. Free state file taxes Si se beneficia de estas leyes, podría verse obligado a pagar por lo menos una cantidad mínima de impuestos además de cualquier otro impuesto sobre estas partidas. Free state file taxes A esto se le llama impuesto mínimo alternativo (AMT, por sus siglas en inglés). Free state file taxes El trato especial de ciertas partidas de ingresos y gastos sólo le permite aplazar el pago de los impuestos hasta un año posterior. Free state file taxes Si pagó el impuesto mínimo alternativo en años anteriores a causa de estas partidas tributarias postergadas, tal vez pueda reclamar un crédito por el impuesto mínimo de años anteriores, a favor del impuesto habitual del año en curso. Free state file taxes Quizás pueda reclamar un crédito y aplicarlo a favor del impuesto habitual si en 2012 tuvo: Impuesto mínimo alternativo adeudado y ajustes o partidas con beneficio tributario que no sean conceptos a excluirse, Un crédito del impuesto mínimo que traspase a 2013 o Un crédito no permitido por vehículos eléctricos calificados. Free state file taxes Cómo reclamar el crédito. Free state file taxes    Calcule el crédito no reembolsable de 2013 (de haberlo), y toda cantidad que se haya traspasado a 2014, en el Formulario 8801 y adjúntelo al Formulario 1040. Free state file taxes Incluya el crédito en el total de la línea 53 del Formulario 1040 y marque el recuadro b. Free state file taxes Puede traspasar a años posteriores, hasta agotarlo, todo crédito del impuesto mínimo de años anteriores que no se haya utilizado. Free state file taxes Información adicional. Free state file taxes   Para más información sobre el crédito, vea las Instrucciones del Formulario 8801, en inglés. Free state file taxes Crédito por Vehículos Enchufables con Motor de Dirección Eléctrica Es posible que pueda tomar este crédito si, en 2013, puso en uso por fines de negocios o personales un vehículo enchufable con motor de dirección eléctrica o un vehículo eléctrico enchufable de dos o tres ruedas y dicho vehículo reúne los requisitos. Free state file taxes Vehículos enchufables con motor de dirección eléctrica y que reúnen los requisitos. Free state file taxes   El vehículo reúne los requisitos si es un vehículo nuevo con, por lo menos, cuatro llantas que: Es impulsado en su mayoría por un motor eléctrico que funciona con electricidad generada por una batería que tenga una capacidad de no menos de 4 kilovatios-horas y se puede recargar mediante una fuente externa de energía y El peso bruto del vehículo es menos de 14,000 libras. Free state file taxes Vehículos eléctricos enchufables de dos o tres ruedas que reúnen los requisitos. Free state file taxes   El vehículo reúne los requisitos si es un vehículo nuevo con dos o tres ruedas que: Tiene la capacidad de llegar a una velocidad de 45 millas por hora o más, Es impulsado en su mayoría por un motor eléctrico que funciona con electricidad generada por una batería que tenga una capacidad de no menos de 2. Free state file taxes 5 kilovatios-horas y se puede recargar mediante una fuente externa de energía y El peso bruto del vehículo es menos de 14,000 libras. Free state file taxes Certificación y otros requisitos   Generalmente, puede basarse en la certificación del fabricante al IRS (o en el caso de un fabricante extranjero, en la certificación del distribuidor doméstico) para saber si la marca, modelo y años específicos de un vehículo reúnen los requisitos del crédito y, si es aplicable, la cantidad del crédito para el cual califica. Free state file taxes Sin embargo, si el IRS publica un aviso anunciando que la certificación de alguna marca, modelo y año ha sido retirada, usted no puede basarse en la certificación del vehículo si fue comprado después de la fecha de la publicación del aviso del retiro. Free state file taxes   También tiene que cumplir los requisitos siguientes para calificar para el crédito: Usted es el dueño del vehículo. Free state file taxes Si el vehículo es arrendado, sólo el arrendador, y no el arrendatario, tiene derecho al crédito. Free state file taxes El vehículo fue puesto en servicio en 2013. Free state file taxes El vehículo es fabricado principalmente para uso en calles, caminos y carreteras públicas. Free state file taxes El uso original del vehículo comenzó con usted. Free state file taxes Adquirió el vehículo para utilizarlo usted mismo o para el arrendamiento a un tercero y no para revenderlo. Free state file taxes En el caso de un vehículo eléctrico enchufable de dos o tres ruedas que reúna los requisitos, el vehículo tiene que haber sido adquirido después de 2011 y antes de 2014. Free state file taxes Utiliza el vehículo principalmente en los Estados Unidos. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Para tomar el crédito, tiene que completar el Formulario 8936 y adjuntarlo a su Formulario 1040. Free state file taxes Incluya el crédito en el total de la línea 53 del Formulario 1040. Free state file taxes Marque el recuadro c y anote “8936” en la línea al lado de dicho recuadro. Free state file taxes    Más información. Free state file taxes   Para más información acerca del crédito, vea las instrucciones del Formulario 8936, en inglés. Free state file taxes Créditos por Energía de la Propiedad Residencial Podría tener derecho a uno o los dos siguientes créditos si hizo mejoras para conservar energía en su vivienda ubicada en los Estados Unidos en 2013. Free state file taxes Crédito tributario por energía de la propiedad no empresarial. Free state file taxes Crédito de eficiencia energética para propiedades residenciales. Free state file taxes Si es integrante de un comité de administración de condominios para un condominio del que sea dueño o inquilino-accionista de una sociedad anónima de cooperativa de viviendas, se considera que ha pagado la parte proporcionada que le corresponde de todo costo de tal comité o sociedad anónima para fines de estos créditos. Free state file taxes Crédito tributario por energía de la propiedad no empresarial. Free state file taxes   Tal vez pueda tomar un crédito igual a la suma de: El 10% de los costos pagados para mejoras de eficiencia energética instaladas en 2013 y Todo costo pagado o incurrido para energía de la propiedad residencial en 2013. Free state file taxes   Existe un límite vitalicio de $500 para todos los años posteriores al año 2005, de lo que sólo $200 pueden ser por ventanas; $50 por un ventilador de circulación de aire principal avanzado; $150 por un calentador de agua a base de gas natural propano o petróleo; y $300 por cualquier artículo de eficiencia energética para propiedades residenciales. Free state file taxes Si la cantidad total de los créditos tributarios por energía de la propiedad no empresarial que ha tomado en años previos (después del 2005) es más de $500, no puede tomar este crédito en el año 2013. Free state file taxes Las mejoras de eficiencia energética que reúnen los requisitos son las siguientes mejoras siempre y cuando sean nuevas, se espere que sigan en uso por lo menos 5 años y cumplan determinados requisitos de la eficiencia energética: Todo material aislante o sistema que haya sido diseñado expresa y principalmente para reducir la pérdida o el aumento de temperatura (calentamiento) en una vivienda. Free state file taxes Ventanas exteriores (incluidos tragaluces). Free state file taxes Puertas exteriores. Free state file taxes Todo techo de metal o asfalto que tenga capas pigmentadas o gránulos de enfriamiento adecuados que hayan sido diseñados expresa y principalmente para reducir el aumento de temperatura (calentamiento) de la vivienda. Free state file taxes Se considera que la propiedad de energía residencial es cualquiera de los siguientes aparatos: Determinados calentadores eléctricos de agua con bomba de calor, bombas de calor eléctricas, acondicionadores de aire centrales, calentadores de agua a gas natural, propano o petróleo; y estufas que consumen combustibles de biomasa. Free state file taxes Calderas de gas natural, propano o petróleo que reúnen los requisitos; y calderas de agua caliente a gas natural, propano o petróleo que reúnen los requisitos. Free state file taxes Determinados ventiladores de circulación de aire principal avanzados que sean componentes de las calderas de gas natural, propano o petróleo. Free state file taxes Crédito por energía eficaz de la propiedad residencial. Free state file taxes   Quizás pueda tomar un crédito del 30% de los costos de propiedad eléctrica de energía solar, propiedad de calentamiento de agua por energía solar, propiedad de pilas de combustible, propiedad eólica de menor tamaño y propiedad de bomba de calor geotérmico. Free state file taxes En el caso de costos pagados por propiedad de pilas de combustible que reúne los requisitos, la cantidad del crédito está limitada a $500 por cada medio kilovatio de capacidad de dicha propiedad. Free state file taxes Reducción en la base. Free state file taxes   Tiene que reducir la base de su vivienda por la cantidad de todo crédito permitido. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Complete el Formulario 5695 y adjúntelo al Formulario 1040. Free state file taxes Anote el crédito en la línea 52 del Formulario 1040. Free state file taxes Información adicional. Free state file taxes   Para más información sobre estos créditos, vea las instrucciones del Formulario 5695, en inglés. Free state file taxes Crédito por Aportaciones a Cuentas de Ahorro para la Jubilación (Crédito del Ahorrador) Podría reclamar este crédito si usted, o su cónyuge si presenta una declaración conjunta, hizo: Aportaciones (que no sean reinversiones) a un arreglo IRA tradicional o un arreglo Roth IRA, Aplazamientos optativos a un plan conforme a la sección 401(k) o 403(b) (incluidas aportaciones a un arreglo designado Roth) o a un plan SEP, SIMPLE o plan gubernamental conforme a la sección 457, Aportaciones voluntarias del empleado a un plan de jubilación que reúna los requisitos (incluido el Thrift Savings Plan (Cuenta de Ahorros de Jubilación) para empleados del gobierno federal) o Aportaciones a un plan conforme a la sección 501(c)(18)(D). Free state file taxes No obstante, no puede reclamar el crédito si se da cualquiera de las siguientes situaciones: La cantidad de la línea 38 del Formulario 1040 o de la línea 22 del Formulario 1040A es mayor de $29,500 ($44,250 si es cabeza de familia; $59,000 si es casado que presenta una declaración conjunta). Free state file taxes La persona que hizo la aportación o el aplazamiento optativo que reúne los requisitos (a) nació después del 1 de enero de 1996, (b) ha sido declarado como dependiente en la declaración de impuestos de 2013 de otra persona o (c) era estudiante (se define a continuación). Free state file taxes Estudiante. Free state file taxes   Usted era estudiante si, durante alguna parte de cada uno de 5 meses del año natural de 2013: Estaba matriculado en una escuela como estudiante a tiempo completo o Tomó un curso a tiempo completo de capacitación agrícola ofrecido en terreno por una escuela o por una agencia del estado, condado o gobierno local. Free state file taxes Escuela. Free state file taxes   El término “escuela” abarca escuelas politécnicas, profesionales e industriales. Free state file taxes Una escuela no incluye un curso de capacitación en el trabajo, escuela por correspondencia, ni escuelas que ofrecen cursos sólo por Internet. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Calcule el crédito en el Formulario 8880. Free state file taxes Anote el crédito en la línea 50 del Formulario 1040 o la línea 32 del Formulario 1040A y adjunte el Formulario 8880 a su declaración. Free state file taxes Más información. Free state file taxes   Para más información sobre el crédito, vea las instrucciones del Formulario 8880, disponibles en inglés. Free state file taxes Créditos Reembolsables Los créditos explicados en esta parte del capítulo se tratan como pagos de impuestos. Free state file taxes Si el total de estos créditos, impuestos federales sobre el ingreso retenidos y pagos de su impuesto estimado es mayor al total de sus impuestos, se le puede reembolsar el excedente. Free state file taxes Crédito por el Impuesto sobre Ganancias de Capital no Distribuidas Tiene que incluir en los ingresos toda cantidad que le hayan asignado sociedades inversionistas reglamentadas (comúnmente llamadas fondos mutuos) o sociedades de inversión inmobiliaria (REIT, por sus siglas en inglés) como distribuciones de ganancias de capital, aunque de hecho no la haya recibido. Free state file taxes Si el fondo mutuo o sociedad de inversión inmobiliaria pagó impuestos sobre la ganancia de capital, se le permite un crédito por los impuestos ya que se considera que usted lo pagó. Free state file taxes El fondo mutuo o sociedad de inversión inmobiliaria le enviará el Formulario 2439 indicando su parte de las ganancias de capital no distribuidas y los impuestos pagados, de haberlos. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Para reclamar el crédito, adjunte la Copia B del Formulario 2439 a su Formulario 1040. Free state file taxes Incluya la cantidad de la casilla 2 de su Formulario 2439 en el total de la línea 71 del Formulario 1040 y marque la casilla a. Free state file taxes Más información. Free state file taxes   Vea Distribuciones de Ganancias de Capital , en el capítulo 8 para más información sobre ganancias de capital no distribuidas. Free state file taxes Crédito Tributario por Cobertura del Seguro Médico Tal vez pueda reclamar este crédito para cualquier mes en el que se cumplan todos los siguientes requisitos el primer día del mes: Tenía derecho, como beneficiario, a recibir pagos de asistencia de ajuste comercial (TAA, por sus siglas en inglés), pagos de asistencia alternativa de ajuste comercial (ATAA, por sus siglas en inglés), pagos de asistencia de ajuste comercial relacionados con el reempleo (RTAA, por sus siglas en inglés) o una pensión de la Pension Benefit Guaranty Corporation (Corporación de garantía de beneficios de pensiones o PBGC, por sus siglas en inglés, y definida más adelante); o si era un miembro calificado de la familia de uno de estos individuos cuando dicho individuo falleció o cuando se finalizó su divorcio con uno de estos individuos. Free state file taxes Usted y/o los miembros de su familia estaban cubiertos por un plan de seguro médico que reúne los requisitos y por el cual pagó la totalidad de las primas o su parte correspondiente directamente a dicho plan o al U. Free state file taxes S. Free state file taxes Treasury— HCTC (Tesoro de los Estados Unidos, Crédito por cobertura del seguro médico). Free state file taxes No estaba inscrito en la Parte A, B o C del seguro Medicare o estaba inscrito en el programa Medicare pero su familia reunió los requisitos para el HCTC. Free state file taxes No estaba inscrito en el programa Medicaid ni en el Children's Health Insurance Program (Programa de seguro médico para niños, (CHIP, por sus siglas en inglés)). Free state file taxes No estaba inscrito en el programa Federal Employees Health Benefits (Seguro médico para empleados federales o FEHBP, por sus siglas en inglés) ni tenía derecho a recibir beneficios conforme al sistema médico militar de los EE. Free state file taxes UU. Free state file taxes (conocido en inglés como TRICARE). Free state file taxes No estaba encarcelado por las autoridades federales, estatales o locales. Free state file taxes Su empleador no pagó el 50% o más del costo de la cobertura. Free state file taxes No recibió una reducción del 65% de una prima de COBRA de parte de su antiguo empleador o administrador de COBRA. Free state file taxes Sin embargo, no puede tomar el crédito si otra persona lo puede reclamar a usted como dependiente en su declaración de impuestos de 2013. Free state file taxes Si cumple todas estas condiciones, tal vez pueda tomar un crédito de hasta el 72. Free state file taxes 5% de la cantidad que usted pagó directamente a un plan de salud calificado para usted y todo miembro de familia que reunió los requisitos. Free state file taxes No puede tomar el crédito en el caso de primas de seguro sobre cobertura si en realidad fueron pagadas mediante una National Emergency Grant (Subvención para Emergencias Nacionales). Free state file taxes La cantidad pagada por cobertura de seguro médico calificada tiene que reducirse por toda distribución de una cuenta Archer MSA de ahorros médicos u otra cuenta de ahorros para gastos médicos que se haya utilizado para pagar por dicha cobertura. Free state file taxes Puede tomar este crédito y anotarlo en la declaración de impuestos o solicitar que se pague por adelantado en nombre suyo a su compañía de seguros. Free state file taxes Si se paga el crédito por adelantado en nombre suyo, aquella cantidad disminuye la cantidad del crédito que se pueda declarar en la declaración de impuestos. Free state file taxes Beneficiarios de la TAA. Free state file taxes   Se considera que tiene derecho a la TAA el primer día del mes si, cualquier día de dicho mes o del anterior, usted: Recibió una asignación por reajuste comercial o Hubiera tenido derecho a recibir una asignación de esta índole salvo que no había agotado todos los derechos al seguro por desempleo (con excepción de toda compensación adicional que se pague con fondos estatales y no se reembolse con fondos federales) que le correspondiera recibir (o correspondería recibir si los solicitara). Free state file taxes Ejemplo. Free state file taxes   Recibió una asignación por ajuste comercial para el mes de enero de 2013. Free state file taxes Tenía derecho a recibir la TAA el primer día de enero y febrero. Free state file taxes Beneficiarios de la alternativa TAA. Free state file taxes   Se considera que es un recipiente de la alternativa TAA el primer día del mes si, cualquier día de dicho mes o del anterior, usted recibió beneficios conforme a un programa de asistencia alternativa de ajuste comercial para empleados mayores de edad establecido por el Departamento de Trabajo. Free state file taxes Ejemplo. Free state file taxes   Recibió beneficios conforme a un programa de asistencia alternativa de ajuste comercial para empleados mayores de edad para el mes de octubre de 2013. Free state file taxes El Departamento de Trabajo estableció el programa. Free state file taxes Tenía derecho como beneficiario a recibir la alternativa TAA el primer día de octubre y noviembre. Free state file taxes Beneficiarios de la RTAA. Free state file taxes   Se considera que tiene derecho a la RTAA el primer día del mes si, cualquier día de dicho mes o del anterior, usted recibió beneficios conforme a un programa de asistencia de ajuste comercial relacionados con el reempleo para empleados mayores establecido por el Departamento de Trabajo. Free state file taxes Beneficiarios de una pensión de la PBGC. Free state file taxes   Se considera que tiene derecho como beneficiario a una pensión de la PBGC el primer día del mes si se dan las dos condiciones siguientes: Tenía 55 años de edad o más el primer día del mes. Free state file taxes Recibió beneficios para dicho mes pagados por la PBGC conforme al Título IV de la Employee Retirement Income Security Act of 1974 (Ley de Seguridad de los Ingresos de Jubilación del Empleado de 1974 o ERISA, por sus siglas en inglés). Free state file taxes Si recibió un pago de suma global de la PGBC después del 5 de agosto de 2002, cumple el requisito (2) anterior para todo mes en el que habría recibido un beneficio de la PBGC si no hubiese recibido el pago de suma global. Free state file taxes Cómo reclamar el crédito. Free state file taxes   Para tomar el crédito, tiene que completar el Formulario 8885 y adjuntarlo al Formulario 1040. Free state file taxes Incluya el crédito en el total de la línea 71 del Formulario 1040 y marque el recuadro c. Free state file taxes   Tiene que adjuntar cuentas de seguro de salud (o cupones de pago de COBRA) y pruebas de pago correspondientes a toda cantidad que se incluya en la línea 2 del Formulario 8885. Free state file taxes Para información adicional, vea la Publicación 502 o el Formulario 8885, ambos en inglés. Free state file taxes Más información. Free state file taxes   Si desea ver las definiciones y los requisitos especiales, incluyendo los que se refieren a planes de seguro médico que reúnan los requisitos, familiares que podrían darle derecho al crédito (familiares calificados), el efecto de determinados sucesos importantes en la vida y planes de seguro médico provistos por el empleador, vea la Publicación 502 y las instrucciones del Formulario 8885, ambas en inglés. Free state file taxes Crédito por Retención en Exceso del Impuesto del Seguro Social o del Impuesto de la Jubilación Ferroviaria La mayoría de los empleadores tienen que retener el impuesto del Seguro Social de los salarios de sus empleados. Free state file taxes Si trabaja para un empleador ferroviario, dicho empleador tiene que retener el impuesto de jubilación ferroviaria (RRTA, por sus siglas en inglés) de nivel 1 y de nivel 2. Free state file taxes Si trabajó para dos o más empleadores en 2013, es posible que hayan retenido de su salario demasiado impuesto del Seguro Social. Free state file taxes Si uno o mas de esos empleadores era un empleador ferroviario, también es posible que se le haya retenido demasiado impuesto de jubilación ferroviaria de nivel 1 a la tasa de 6. Free state file taxes 2%. Free state file taxes Puede declarar el impuesto del Seguro Social o impuesto de jubilación ferroviaria de nivel 1 en exceso, aplicándolo como crédito a favor de los impuestos sobre los ingresos cuando presente su declaración. Free state file taxes Para el impuesto RRTA de nivel 1, utilice únicamente la porción de impuesto de RRTA de nivel 1 que fue gravado a la tasa impositiva de 6. Free state file taxes 2% al calcular si el exceso de impuesto de RRTA de nivel 1 fue retenido, no incluya ninguna porción del impuesto de RRTA de nivel 1 que fue retenido a la tasa impositiva de Medicare (1. Free state file taxes 45%) o al a tasa impositiva del Impuesto Adicional del Medicare (0. Free state file taxes 9%). Free state file taxes En la siguiente tabla aparecen la cantidad máxima de salario sujeto a impuestos y la cantidad máxima de impuestos que debió haberse retenido para 2013. Free state file taxes Tipo de impuesto Salario  máximo  sujeto a  impuestos Impuesto máximo que debió haberse retenido Seguro Social o  RRTA de nivel 1 $113,700 $7,049. Free state file taxes 40 RRTA de nivel 2 $84,300 $3,709. Free state file taxes 20 Todo salario está sujeto a la retención de impuestos al Medicare. Free state file taxes   Utilice el Formulario 843, Claim for Refund and Request for Abatement (Solicitud de reembolso y reducción de impuestos), en inglés, para solicitar un reembolso del impuesto en exceso de la jubilación ferroviaria de nivel 2. Free state file taxes Cerciórese de adjuntar una copia de todos los Formularios W-2 que tenga. Free state file taxes Use la hoja de trabajo 3-3 de la Publicación 505, Tax Withholding and Estimated Tax (Retención de impuestos e impuesto estimado), en inglés, para poder calcular la cantidad en exceso. Free state file taxes Error del empleador. Free state file taxes   Si cualquier empleador le retuvo demasiados impuestos del Seguro Social o de la jubilación ferroviaria de nivel 1, no puede reclamar el exceso y aplicarlo como un crédito a favor de los impuestos sobre el ingreso. Free state file taxes El empleador debe ajustarle los impuestos. Free state file taxes Si el empleador no ajusta la recaudación en exceso, puede solicitar un reembolso utilizando el Formulario 843. Free state file taxes Declaración conjunta. Free state file taxes   Si presenta una declaración conjunta, no puede añadir a la cantidad retenida de su salario los impuestos del Seguro Social ni los de la jubilación ferroviaria de nivel 1 retenidos del salario de su cónyuge. Free state file taxes Calcule por separado la retención que le corresponda a usted y la que corresponda a su cónyuge para determinar si se le han retenido impuestos en exceso a cualquiera de los dos. Free state file taxes Cómo calcular el crédito si no trabajó para una empresa ferroviaria. Free state file taxes   Si no trabajó para una empresa ferroviaria en 2013, calcule el crédito de la siguiente forma: 1. Free state file taxes Sume todos los impuestos del Seguro Social retenidos (pero no más de $7,049. Free state file taxes 40 por cada empleador). Free state file taxes Anote el total aquí   2. Free state file taxes Anote todo impuesto no retenido del Seguro Social sobre propinas o seguro de vida colectivo a término que aparezca en el total de la línea 60 del Formulario 1040, identificado como “UT”   3. Free state file taxes Sume las líneas 1 y 2. Free state file taxes Si el total es $7,049. Free state file taxes 40 o menos, no siga. Free state file taxes No puede reclamar el crédito   4. Free state file taxes Límite sobre los impuestos del Seguro Social 7,049. Free state file taxes 40 5. Free state file taxes Crédito. Free state file taxes De la línea 3, reste la línea 4. Free state file taxes Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $ Ejemplo. Free state file taxes Está casado y presenta una declaración conjunta con su cónyuge quien no recibió ingresos brutos en 2013. Free state file taxes Durante 2013, usted trabajó para la empresa Brown Technology Company y ganó un salario de $60,000. Free state file taxes Le retuvieron impuestos del Seguro Social de $3,720. Free state file taxes También trabajó para otro empleador en 2013 y ganó un salario de $55,000. Free state file taxes De dicho salario, le retuvieron $3,410 de impuestos del Seguro Social. Free state file taxes Como trabajó para más de un empleador y el total de su salario superó los $113,700, puede tomar un crédito de $80. Free state file taxes 60 por los impuestos del Seguro Social retenidos en exceso. Free state file taxes 1. Free state file taxes Sume todo impuesto del Seguro Social retenido (pero no más de $7,049. Free state file taxes 40 por cada empleador). Free state file taxes Anote el total aquí $7,130. Free state file taxes 00 2. Free state file taxes Anote todo impuesto no retenido del Seguro Social sobre propinas o seguro de vida colectivo a término que aparezca en el total de la línea 60 del Formulario 1040, identificado como “UT” −0− 3. Free state file taxes Sume las líneas 1 y 2. Free state file taxes Si el total es $7,049. Free state file taxes 40 o menos, no siga. Free state file taxes No puede reclamar el crédito 7,130. Free state file taxes 00 4. Free state file taxes Límite sobre los impuestos del Seguro Social 7,049. Free state file taxes 40 5. Free state file taxes Crédito. Free state file taxes De la línea 3, reste la línea 4. Free state file taxes Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $80. Free state file taxes 60 Cómo calcular el crédito si trabajó para una empresa ferroviaria. Free state file taxes   Si fue empleado ferroviario en algún momento durante 2013, calcule el crédito de la siguiente forma: 1. Free state file taxes Sume todos los impuestos del Seguro Social y de la jubilación ferroviaria de nivel 1 retenidos a la tasa de 6. Free state file taxes 2% (pero no más de $7,049. Free state file taxes 40 por cada empleador). Free state file taxes Anote el total aquí   2. Free state file taxes Anote todos los impuestos no retenidos del Seguro Social y de la jubilación ferroviaria de nivel 1 sobre propinas o seguro de vida colectivo que aparezca en el total de la línea 60 del Formulario 1040, identificado como “UT”   3. Free state file taxes Sume las líneas 1 y 2. Free state file taxes Si el total es $7,049. Free state file taxes 40 o menos, no siga. Free state file taxes No puede reclamar el crédito   4. Free state file taxes Límite sobre los impuestos del Seguro Social y de la jubilación ferroviaria de nivel 1 7,049. Free state file taxes 40 5. Free state file taxes Crédito. Free state file taxes De la línea 3, reste la línea 4. Free state file taxes Anote el resultado aquí y en la línea 69 del Formulario 1040 (o la línea 41 del Formulario 1040A) $ Cómo reclamar el crédito. Free state file taxes   Anote el crédito en la línea 69 del Formulario 1040 o inclúyalo en el total de la línea 41 del Formulario 1040A. Free state file taxes Más información. Free state file taxes   Para información adicional sobre el crédito, vea la Publicación 505, en inglés. Free state file taxes Prev  Up  Next   Home   More Online Publications
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SOI Tax Stats - Gift Tax Statistics

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What is the Federal Gift Tax?


 

The Federal gift tax is a tax on the right to transfer property from a living person to other persons or trusts. Reported on Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return, data are collected on the donor and recipient of gifts that exceed the annual exclusion. The name of the recipient, recipient's relationship to the donor, type of property, and value of gift are reported, as are the total value of a donor's lifetime gifts and tax computation items.

For information about selected terms and concepts and a description of the data sources and limitations, please visit Gift Tax Study Metadata.

 


 

Statistical Tables

Total Gifts of Donor, Total Gifts, Deductions, Credits, and Net Gift Tax

 

 


SOI Bulletin Articles

These articles are in .PDF format.  Adobe Acrobat® reader

 

2009 Gifts
This article presents data on gifts made during 2009. Donors filed a total of 223,093 returns for 2009, reporting a total of $$37.9 billion in assets transferred to 867,507 donees, primarily children and grandchildren.

2008 Gifts
This article presents data on gifts made during 2008. Donors filed a total of 234,714 returns for 2008, reporting a total of $40.2 billion in assets transferred to 927,554 donees, primarily children and grandchildren.

2007 Gifts
This article describes gifts made during calendar year 2007.  There were a total of 257,485 gift tax returns filed in 2008.  247,932 returns, or 96.3 percent, were nontaxable.  The remaining 9,553 (3.7 percent) were taxable.

Wealth Transfers, 2005 Gifts

This article describes gifts made during calendar year 2005.  A total of $38.5 billion in assets was transferred from donors to donees, or gift recipients.  Only 2.9 percent of returns were taxable, with $1.7 billion in gift tax liability reported.

 

Inter Vivos Wealth Transfers, 1997 Gifts
This article describes gifts made during calendar year 1997.  Like transfers of wealth at death, wealth transfers during life—called inter vivos wealth transfers—are subject to Federal taxation.  Only individual gifts in excess of $10,000 were potentially taxable for Gift Year 1997.

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Page Last Reviewed or Updated: 21-Oct-2013

The Free State File Taxes

Free state file taxes Publication 51 - Main Content Table of Contents 1. Free state file taxes Taxpayer Identification NumbersWhen you receive your EIN. Free state file taxes Registering for SSNVS. Free state file taxes 2. Free state file taxes Who Are Employees?Crew Leaders Business Owned and Operated by Spouses 3. Free state file taxes Wages and Other Compensation 4. Free state file taxes Social Security and Medicare TaxesThe $150 Test or the $2,500 Test Social Security and Medicare Tax Withholding 5. Free state file taxes Federal Income Tax WithholdingImplementation of lock-in letter. Free state file taxes Seasonal employees and employees not currently performing services. Free state file taxes Termination and re-hire of employees. Free state file taxes How To Figure Federal Income Tax Withholding 6. Free state file taxes Required Notice to Employees About Earned Income Credit (EIC) 7. Free state file taxes Depositing TaxesWhen To Deposit How To Deposit Deposit Penalties Employers of Both Farm and Nonfarm Workers 8. Free state file taxes Form 943 9. Free state file taxes Reporting Adjustments on Form 943Current Year Adjustments Prior Year Adjustments 10. Free state file taxes Federal Unemployment (FUTA) Tax 11. Free state file taxes Reconciling Wage Reporting Forms 13. Free state file taxes Federal Income Tax Withholding MethodsWage Bracket Method Percentage Method Alternative Methods of Federal Income Tax Withholding How To Get Tax Help 1. Free state file taxes Taxpayer Identification Numbers If you are required to withhold any federal income, social security, or Medicare taxes, you will need an employer identification number (EIN) for yourself. Free state file taxes Also, you will need the SSN of each employee and the name of each employee as shown on the employee's social security card. Free state file taxes Employer identification number (EIN). Free state file taxes   An employer identification number (EIN) is a nine-digit number that the IRS issues. Free state file taxes The digits are arranged as follows: 00-0000000. Free state file taxes It is used to identify the tax accounts of employers and certain others who have no employees. Free state file taxes Use your EIN on all of the items that you send to the IRS and SSA. Free state file taxes   If you do not have an EIN, you may apply for one online. Free state file taxes Visit IRS. Free state file taxes gov and click on the Apply for an EIN Online link under Tools. Free state file taxes You may also apply for an EIN by calling 1-800-829-4933, or you can fax or mail Form SS-4, Application for Employer Identification Number, to the IRS. Free state file taxes Do not use a SSN in place of an EIN. Free state file taxes   If you do not have an EIN by the time a return is due, write “Applied For” and the date you applied for it in the space shown for the number. Free state file taxes If you took over another employer's business, do not use that employer's EIN. Free state file taxes   You should have only one EIN. Free state file taxes If you have more than one, and are not sure which one to use, call the toll-free Business and Specialty Tax Line at 1-800-829-4933 or 1-800-829-4059 (TDD/TTY for persons who are deaf, hard of hearing, or have a speech disability). Free state file taxes Provide the EINs that you have, the name and address to which each number was assigned, and the address of your principal place of business. Free state file taxes The IRS will tell you which EIN to use. Free state file taxes   For more information, see Publication 1635 or Publication 583. Free state file taxes When you receive your EIN. Free state file taxes   If you are a new employer that indicated a federal tax obligation when requesting an EIN, you will be pre-enrolled in the Electronic Federal Tax Payment System (EFTPS). Free state file taxes You will receive information in your Employer Identification Number (EIN) Package about Express Enrollment and an additional mailing containing your EFTPS personal identification number (PIN) and instructions for activating your PIN. Free state file taxes Call the toll-free number located in your “How to Activate Your Enrollment” brochure to activate your enrollment and begin making your employment tax deposits. Free state file taxes If you outsource any of your payroll and related tax duties to a third party payer, such as a payroll service provider or reporting agent, be sure to tell them about your EFTPS enrollment. Free state file taxes Social security number (SSN). Free state file taxes   An employee's social security number (SSN) consists of nine digits arranged as follows: 000-00-0000. Free state file taxes You must obtain each employee's name and SSN as shown on the employee's social security card because you must enter them on Form W-2. Free state file taxes Do not accept a social security card that says “Not valid for employment. Free state file taxes ” A social security number issued with this legend does not permit employment. Free state file taxes You may, but are not required to, photocopy the social security card if the employee provides it. Free state file taxes If you do not show the employee's correct name and SSN on Form W-2, you may owe a penalty unless you have reasonable cause. Free state file taxes See Publication 1586, Reasonable Cause Regulations & Requirements for Missing and Incorrect Name/TINs. Free state file taxes Applying for a social security card. Free state file taxes   Any employee who is legally eligible to work in the United States and does not have a social security card can get one by completing Form SS-5, Application for a Social Security Card, and submitting the necessary documentation to SSA. Free state file taxes You can get Form SS-5 at SSA offices, by calling 1-800-772-1213 or 1-800-325-0778 (TTY), or from the SSA website at www. Free state file taxes socialsecurity. Free state file taxes gov/online/ss-5. Free state file taxes html. Free state file taxes The employee must complete and sign Form SS-5; it cannot be filed by the employer. Free state file taxes You may be asked to supply a letter to accompany Form SS-5 if the employee has exceeded his or her yearly or lifetime limit for the number of replacement cards allowed. Free state file taxes Applying for a social security number. Free state file taxes   If you file Form W-2 on paper and your employee has applied for an SSN but does not have one when you must file Form W-2, enter “Applied For” on the form. Free state file taxes If you are filing electronically, enter all zeros (000-00-0000) in the social security number field. Free state file taxes When the employee receives the SSN, file Copy A of Form W-2c, Corrected Wage and Tax Statement, with the SSA to show the employee's SSN. Free state file taxes Furnish Copies B, C, and 2 of Form W-2c to the employee. Free state file taxes Up to 25 Forms W-2c per Form W-3c, Transmittal of Corrected Wage and Tax Statements, may be filed per session over the Internet, with no limit on the number of sessions. Free state file taxes For more information, visit SSA's Employer W-2 Filing Instructions & Information webpage at www. Free state file taxes socialsecurity. Free state file taxes gov/employer. Free state file taxes Advise your employee to correct the SSN on his or her original Form W-2. Free state file taxes Correctly record the employee's name and SSN. Free state file taxes   Record the name and number of each employee as they are shown on the employee's social security card. Free state file taxes If the employee's name is not correct as shown on the card (for example, because of marriage or divorce), the employee should request a corrected card from the SSA. Free state file taxes Continue to report the employee's wages under the old name until the employee shows you an updated social security card with the new name. Free state file taxes   If the SSA issues the employee a replacement card after a name change, or a new card with a different social security number after a change in alien work status, file a Form W-2c to correct the name/SSN reported on the most recently filed Form W-2. Free state file taxes It is not necessary to correct other years if the previous name and SSN were used for years before the most recent Form W-2. Free state file taxes IRS individual taxpayer identification numbers (ITINs) for aliens. Free state file taxes   Do not accept an ITIN in place of an SSN for employee identification or for work. Free state file taxes An ITIN is issued for use by resident and nonresident aliens who need identification for tax purposes, but who are not eligible for U. Free state file taxes S. Free state file taxes employment. Free state file taxes The ITIN is a nine-digit number formatted like an SSN (for example, NNN-NN-NNNN). Free state file taxes However, it begins with the number “9” and has either a “7” or “8” as the fourth digit (for example, 9NN-7N-NNNN or 9NN-8N-NNNN). Free state file taxes    An individual with an ITIN who later becomes eligible to work in the United States must obtain an SSN. Free state file taxes If the individual is currently eligible to work in the United States, instruct the individual to apply for an SSN and follow the instructions under Applying for a social security number, earlier in this section. Free state file taxes Do not use an ITIN in place of an SSN on Form W-2. Free state file taxes Verification of social security numbers. Free state file taxes   Employers and authorized reporting agents can use the Social Security Number Verification Service (SSNVS) to instantly verify up to 10 employee names and SSNs (per screen) at a time, or submit an electronic file of up to 250,000 names and SSNs and usually receive results the next business day. Free state file taxes Visit www. Free state file taxes socialsecurity. Free state file taxes gov/employer/ssnv. Free state file taxes htm for more information. Free state file taxes Registering for SSNVS. Free state file taxes   You must register online and receive authorization from your employer to use SSNVS. Free state file taxes To register, visit SSA's website at www. Free state file taxes socialsecurity. Free state file taxes gov/employer and click on the Business Services Online link. Free state file taxes Follow the registration instructions to obtain a user identification (ID) and password. Free state file taxes You will need to provide the following information about yourself and your company. Free state file taxes Name. Free state file taxes SSN. Free state file taxes Date of birth. Free state file taxes Type of employer. Free state file taxes EIN. Free state file taxes Company name, address, and telephone number. Free state file taxes Email address. Free state file taxes When you have completed the online registration process, SSA will mail a one-time activation code to your employer. Free state file taxes You must enter the activation code online to use SSNVS. Free state file taxes 2. Free state file taxes Who Are Employees? Generally, employees are defined either under common law or under statutes for certain situations. Free state file taxes See Publication 15-A for details on statutory employees and nonemployees. Free state file taxes Employee status under common law. Free state file taxes   Generally, a worker who performs services for you is your employee if you have the right to control what will be done and how it will be done. Free state file taxes This is so even when you give the employee freedom of action. Free state file taxes What matters is that you have the right to control the details of how the services are performed. Free state file taxes See Publication 15-A for more information on how to determine whether an individual providing services is an independent contractor or an employee. Free state file taxes If an employer-employee relationship exists, it does not matter what it is called. Free state file taxes The employee may be called an agent or independent contractor. Free state file taxes It also does not matter how payments are measured or paid, what they are called, or if the employee works full or part time. Free state file taxes You are responsible for withholding and paying employment taxes for your employees. Free state file taxes You are also required to file employment tax returns. Free state file taxes These requirements do not apply to amounts that you pay to independent contractors. Free state file taxes The rules discussed in this publication apply only to workers who are your employees. Free state file taxes In general, you are an employer of farmworkers if your employees: Raise or harvest agricultural or horticultural products on your farm (including the raising and feeding of livestock); Work in connection with the operation, management, conservation, improvement, or maintenance of your farm and its tools and equipment; Provide services relating to salvaging timber, or clearing land of brush and other debris, left by a hurricane (also known as hurricane labor); Handle, process, or package any agricultural or horticultural commodity if you produced over half of the commodity (for a group of up to 20 unincorporated operators, all of the commodity); or Do work for you related to cotton ginning, turpentine, gum resin products, or the operation and maintenance of irrigation facilities. Free state file taxes For this purpose, the term “farm” includes stock, dairy, poultry, fruit, fur-bearing animal, and truck farms, as well as plantations, ranches, nurseries, ranges, greenhouses or other similar structures used primarily for the raising of agricultural or horticultural commodities, and orchards. Free state file taxes Farmwork does not include reselling activities that do not involve any substantial activity of raising agricultural or horticultural commodities, such as a retail store or a greenhouse used primarily for display or storage. Free state file taxes The table in section 12, How Do Employment Taxes Apply to Farmwork , distinguishes between farm and nonfarm activities, and also addresses rules that apply in special situations. Free state file taxes Crew Leaders If you are a crew leader, you are an employer of farmworkers. Free state file taxes A crew leader is a person who furnishes and pays (either on his or her own behalf or on behalf of the farm operator) workers to do farmwork for the farm operator. Free state file taxes If there is no written agreement between you and the farm operator stating that you are his or her employee and if you pay the workers (either for yourself or for the farm operator), then you are a crew leader. Free state file taxes For FUTA tax rules, see section 10. Free state file taxes Business Owned and Operated by Spouses If you and your spouse jointly own and operate a farm or nonfarm business and share in the profits and losses, you are partners in a partnership, whether or not you have a formal partnership agreement. Free state file taxes See Publication 541, Partnerships, for more details. Free state file taxes The partnership is considered the employer of any employees, and is liable for any employment taxes due on wages paid to its employees. Free state file taxes Exception—Qualified joint venture. Free state file taxes   For tax years beginning after December 31, 2006, the Small Business and Work Opportunity Tax Act of 2007 (Public Law 110-28) provides that a “qualified joint venture,” whose only members are spouses filing a joint income tax return, can elect not to be treated as a partnership for federal tax purposes. Free state file taxes A qualified joint venture conducts a trade or business where: The only members of the joint venture are spouses who file a joint income tax return, Both spouses materially participate (see Material participation in the Instructions for Schedule C (Form 1040), line G) in the trade or business (mere joint ownership of property is not enough), Both spouses elect to not be treated as a partnership, and The business is co-owned by both spouses and is not held in the name of a state law entity such as a partnership or limited liability company (LLC). Free state file taxes   To make the election, all items of income, gain, loss, deduction, and credit must be divided between the spouses, in accordance with each spouse's interest in the venture, and reported on separate Schedules C or F as sole proprietors. Free state file taxes Each spouse must also file a separate Schedule SE to pay self-employment taxes, as applicable. Free state file taxes   Spouses using the qualified joint venture rules are treated as sole proprietors for federal tax purposes and generally do not need an EIN. Free state file taxes If employment taxes are owed by the qualified joint venture, either spouse may report and pay the employment taxes due on the wages paid to the employees using the EIN of that spouse's sole proprietorship. Free state file taxes Generally, filing as a qualified joint venture will not increase the spouses' total tax owed on the joint income tax return. Free state file taxes However, it gives each spouse credit for social security earnings on which retirement benefits are based and for Medicare coverage without filing a partnership return. Free state file taxes    Note. Free state file taxes If your spouse is your employee, not your partner, you must pay social security and Medicare taxes for him or her. Free state file taxes   For more information on qualified joint ventures, visit IRS. Free state file taxes gov and enter “qualified joint venture” in the search box. Free state file taxes Exception—Community income. Free state file taxes   If you and your spouse wholly own an unincorporated business as community property under the community property laws of a state, foreign country, or U. Free state file taxes S. Free state file taxes possession, you can treat the business either as a sole proprietorship (of the spouse who carried on the business) or a partnership. Free state file taxes You may still make an election to be taxed as a qualified joint venture instead of a partnership. Free state file taxes See Exception—Qualified joint venture , earlier in this section. Free state file taxes 3. Free state file taxes Wages and Other Compensation Cash wages that you pay to employees for farmwork are generally subject to social security tax and Medicare tax. Free state file taxes You may also be required to withhold, deposit, and report Additional Medicare Tax. Free state file taxes See section 4 for more information. Free state file taxes If the wages are subject to social security and Medicare taxes, they are also subject to federal income tax withholding. Free state file taxes You may also be liable for FUTA tax, which is not withheld by you or paid by the employee. Free state file taxes FUTA tax is discussed in section 10. Free state file taxes Cash wages include checks, money orders, etc. Free state file taxes Do not count as cash wages the value of food, lodging, and other noncash items. Free state file taxes For more information on what payments are considered taxable wages, see Publication 15 (Circular E). Free state file taxes Commodity wages. Free state file taxes   Commodity wages are not cash and are not subject to social security and Medicare taxes or federal income tax withholding. Free state file taxes However, noncash payments, including commodity wages, are treated as cash wages (see above) if the substance of the transaction is a cash payment. Free state file taxes These noncash payments are subject to social security and Medicare taxes and federal income tax withholding. Free state file taxes Other compensation. Free state file taxes   Publications 15-A and 15-B discuss other forms of compensation that may be taxable. Free state file taxes Family members. Free state file taxes   Generally, the wages that you pay to family members who are your employees are subject to social security and Medicare taxes, federal income tax withholding, and FUTA tax. Free state file taxes However, certain exemptions may apply for your child, spouse, or parent. Free state file taxes See the table, How Do Employment Taxes Apply to Farmwork , in section 12. Free state file taxes Household employees. Free state file taxes   The wages of an employee who performs household services, such as a maid, babysitter, gardener, or cook, in your home are not subject to social security and Medicare taxes if you pay that employee cash wages of less than $1,900 in 2014. Free state file taxes   Social security and Medicare taxes do not apply to cash wages for housework in your private home if it was done by your spouse or your child under age 21. Free state file taxes Nor do the taxes apply to housework done by your parent unless: You have a child living in your home who is under age 18 or has a physical or mental condition that requires care by an adult for at least 4 continuous weeks in a calendar quarter, and You are a widow or widower, or divorced and not remarried, or have a spouse in the home who, because of a physical or mental condition, cannot care for your child for at least 4 continuous weeks in the quarter. Free state file taxes   For more information, see Publication 926, Household Employer's Tax Guide. Free state file taxes    Wages for household work may not be a deductible farm expense. Free state file taxes See Publication 225, Farmer's Tax Guide. Free state file taxes Share farmers. Free state file taxes   You do not have to withhold or pay social security and Medicare taxes on amounts paid to share farmers under share-farming arrangements. Free state file taxes Compensation paid to H-2A visa holders. Free state file taxes   Report compensation of $600 or more paid to foreign agricultural workers who entered the country on H-2A visas in box 1 of Form W-2 but do not report it as social security wages (box 3) or Medicare wages (box 5) on Form W-2 because compensation paid to H-2A workers for agricultural labor performed in connection with this visa is not subject to social security and Medicare taxes. Free state file taxes On Form W-2, do not check box 13 (Statutory employee), as H-2A workers are not statutory employees. Free state file taxes   An employer is not required to withhold federal income tax from compensation it pays an H-2A worker for agricultural labor performed in connection with this visa unless the worker asks for withholding and the employer agrees. Free state file taxes In that case, the worker must give the employer a completed Form W-4. Free state file taxes Federal income tax withheld should be reported in box 2 of Form W-2. Free state file taxes These reporting rules apply when the H-2A worker provides his or her taxpayer identification number (TIN) to the employer. Free state file taxes For rules relating to backup withholding and reporting when the H-2A worker does not provide a TIN, see the Instructions for Form 1099-MISC and the Instructions for Form 945. Free state file taxes 4. Free state file taxes Social Security and Medicare Taxes Generally, you must withhold social security and Medicare taxes on all cash wage payments that you make to your employees. Free state file taxes You may also be required to withhold Additional Medicare Tax. Free state file taxes For more information, see Additional Medicare Tax withholding , later. Free state file taxes The $150 Test or the $2,500 Test All cash wages that you pay to an employee during the year for farmwork are subject to social security and Medicare taxes and federal income tax withholding if either of the two tests below is met. Free state file taxes You pay cash wages to an employee of $150 or more in a year for farmwork (count all cash wages paid on a time, piecework, or other basis). Free state file taxes The $150 test applies separately to each farmworker that you employ. Free state file taxes If you employ a family of workers, each member is treated separately. Free state file taxes Do not count wages paid by other employers. Free state file taxes The total that you pay for farmwork (cash and noncash) to all your employees is $2,500 or more during the year. Free state file taxes Exceptions. Free state file taxes   The $150 and $2,500 tests do not apply to wages that you pay to a farmworker who receives less than $150 in annual cash wages and the wages are not subject to social security and Medicare taxes, or federal income tax withholding, even if you pay $2,500 or more in that year to all of your farmworkers if the farmworker: Is employed in agriculture as a hand-harvest laborer, Is paid piece rates in an operation that is usually paid on a piece-rate basis in the region of employment, Commutes daily from his or her permanent home to the farm, and Had been employed in agriculture less than 13 weeks in the preceding calendar year. Free state file taxes   Amounts that you pay to these seasonal farmworkers, however, count toward the $2,500-or-more test to determine whether wages that you pay to other farmworkers are subject to social security and Medicare taxes. Free state file taxes Social Security and Medicare Tax Withholding The social security tax rate is 6. Free state file taxes 2%, for both the employee and employer, on the first $117,000 paid to each employee. Free state file taxes You must withhold at this rate from each employee and pay a matching amount. Free state file taxes The Medicare tax rate is 1. Free state file taxes 45% each for the employee and employer on all wages. Free state file taxes You must withhold at this rate from each employee and pay a matching amount. Free state file taxes There is no wage base limit for Medicare tax; all covered wages are subject to Medicare tax. Free state file taxes Social security and Medicare taxes apply to most payments of sick pay, including payments made by third parties such as insurance companies. Free state file taxes For details, see Publication 15-A. Free state file taxes Additional Medicare Tax withholding. Free state file taxes   In addition to withholding Medicare tax at 1. Free state file taxes 45%, you must withhold a 0. Free state file taxes 9% Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. Free state file taxes You are required to begin withholding Additional Medicare Tax in the pay period in which you pay wages in excess of $200,000 to an employee and continue to withhold it each pay period until the end of the calendar year. Free state file taxes Additional Medicare Tax is only imposed on the employee. Free state file taxes There is no employer share of Additional Medicare Tax. Free state file taxes All wages that are subject to Medicare tax are subject to Additional Medicare Tax withholding if paid in excess of the $200,000 withholding threshold. Free state file taxes   For more information on what wages are subject to Medicare tax, see the chart, Special Rules for Various Types of Services and Payments, in section 15 of Publication 15 (Circular E). Free state file taxes For more information on Additional Medicare Tax, visit IRS. Free state file taxes gov and enter “Additional Medicare Tax” in the search box. Free state file taxes Employee share paid by employer. Free state file taxes   If you would rather pay a household or agricultural employee's share of the social security and Medicare taxes without withholding them from his or her wages, you may do so. Free state file taxes If you do not withhold the taxes, however, you must still pay them. Free state file taxes Any employee social security and Medicare taxes that you pay is additional income to the employee. Free state file taxes Include it in box 1 of the employee's Form W-2, but do not count it as social security and Medicare wages and do not include it in boxes 3 and 5. Free state file taxes Also, do not count the additional income as wages for FUTA tax purposes. Free state file taxes Different rules apply to employer payments of social security and Medicare taxes for non-household and non-agricultural employees. Free state file taxes See section 7 of Publication 15-A. Free state file taxes Withholding social security and Medicare taxes on nonresident alien employees. Free state file taxes   In general, if you pay wages to nonresident alien employees, you must withhold social security and Medicare taxes as you would for a U. Free state file taxes S. Free state file taxes citizen or resident alien. Free state file taxes However, see Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities, for exceptions to this general rule. Free state file taxes Also see Compensation paid to H-2A visa holders in section 3. Free state file taxes Religious exemption. Free state file taxes    An exemption from social security and Medicare taxes is available to members of a recognized religious sect opposed to public insurance. Free state file taxes This exemption is available only if both the employee and the employer are members of the sect. Free state file taxes   For more information, see Publication 517, Social Security and Other Information for Members of the Clergy and Religious Workers. Free state file taxes 5. Free state file taxes Federal Income Tax Withholding Farmers and crew leaders must withhold federal income tax from the wages of farmworkers if the wages are subject to social security and Medicare taxes. Free state file taxes The amount to withhold is figured on gross wages before taking out social security and Medicare taxes, union dues, insurance, etc. Free state file taxes You may use one of several methods to determine the amount of federal income tax withholding. Free state file taxes They are discussed in section 13. Free state file taxes Form W-4. Free state file taxes   To know how much federal income tax to withhold from employees' wages, you should have a Form W-4 on file for each employee. Free state file taxes Encourage your employees to file an updated Form W-4 for 2014, especially if they owed taxes or received a large refund when filing their 2013 tax return. Free state file taxes Advise your employees to use the IRS Withholding Calculator on the IRS website at www. Free state file taxes irs. Free state file taxes gov/individuals for help in determining how many withholding allowances to claim on their Form W-4. Free state file taxes   Ask each new employee to give you a signed Form W-4 when starting work. Free state file taxes Make the form effective with the first wage payment. Free state file taxes If a new employee does not give you a completed Form W-4, withhold tax as if he or she is single, with no withholding allowances. Free state file taxes Forms in Spanish. Free state file taxes   You can provide Formulario W-4(SP) in place of Form W-4 to your Spanish-speaking employees. Free state file taxes For more information, see Publicación 17(SP). Free state file taxes Effective date of Form W-4. Free state file taxes   A Form W-4 remains in effect until the employee gives you a new one. Free state file taxes When you receive a new Form W-4, do not adjust withholding for pay periods before the effective date of the new form. Free state file taxes Do not adjust withholding retroactively. Free state file taxes If an employee gives you a replacement Form W-4, begin withholding no later than the start of the first payroll period ending on or after the 30th day from the date when you received the replacement Form W-4. Free state file taxes For exceptions, see Exemption from federal income tax withholding , IRS review of requested Forms W-4 , and Invalid Forms W-4 , later in this section. Free state file taxes A Form W-4 that makes a change for the next calendar year will not take effect in the current calendar year. Free state file taxes Completing Form W-4. Free state file taxes   The amount of federal income tax withholding is based on marital status and withholding allowances. Free state file taxes Your employees may not base their withholding amounts on a fixed dollar amount or percentage. Free state file taxes However, the employee may specify a dollar amount to be withheld in addition to the amount of withholding based on filing status and withholding allowances claimed on Form W-4. Free state file taxes   Employees may claim fewer withholding allowances than they are entitled to claim. Free state file taxes They may do this to ensure that they have enough withholding or to offset other sources of taxable income that are not subject to withholding. Free state file taxes   See Publication 505, Tax Withholding and Estimated Tax, for more information about completing Form W-4. Free state file taxes Along with Form W-4, you may wish to order Publication 505 for use by your employees. Free state file taxes    Do not accept any withholding or estimated tax payments from your employees in addition to withholding based on their Form W-4. Free state file taxes If an employee wants additional withholding, he or she should submit a new Form W-4 and, if necessary, pay estimated tax by filing Form 1040-ES, Estimated Tax for Individuals, or by using the Electronic Federal Tax Payment System (EFTPS) to make estimated tax payments. Free state file taxes Exemption from federal income tax withholding. Free state file taxes   Generally, an employee may claim exemption from federal income tax withholding because he or she had no federal income tax liability last year and expects none this year. Free state file taxes See the Form W-4 instructions for more information. Free state file taxes However, the wages are still subject to social security and Medicare taxes. Free state file taxes   A Form W-4 claiming exemption from withholding is effective when it is filed with the employer and only for that calendar year. Free state file taxes To continue to be exempt from withholding in the next calendar year, an employee must give you a new Form W-4 by February 15. Free state file taxes If the employee does not give you a new Form W-4 by February 15, withhold tax based on the last valid Form W-4 you have for the employee that did not claim an exemption from withholding or, if one does not exist, withhold as if he or she is single with zero withholding allowances. Free state file taxes If the employee provides a new Form W-4 claiming an exemption from withholding on February 16 or later, you may apply the exemption to future wages, but do not refund taxes withheld while the exempt status was not in place. Free state file taxes Withholding income taxes on the wages of nonresident alien employees. Free state file taxes   In general, you must withhold federal income taxes on the wages of nonresident alien employees. Free state file taxes However, see Publication 515 for exceptions to this general rule. Free state file taxes Also see Compensation paid to H-2A visa workers in section 3. Free state file taxes Withholding adjustment for nonresident alien employees. Free state file taxes   A special procedure applies for figuring the amount of income tax to withhold from wages of nonresident alien employees performing services within the United States for wages paid in 2014. Free state file taxes This procedure requires a special chart to be used with the withholding tables to determine the amount to withhold from the wages of the nonresident alien employee. Free state file taxes See Withholding adjustment for nonresident alien employees in section 9 of Publication 15 (Circular E). Free state file taxes Nonresident alien employee's Form W-4. Free state file taxes   When completing Forms W-4, nonresident aliens are required to: Not claim exemption from income tax withholding; Request withholding as if they are single, regardless of their actual marital status; Claim only one allowance (if the nonresident alien is a resident of Canada, Mexico, or Korea, he or she may claim more than one allowance); and Write “Nonresident Alien” or “NRA” above the dotted line on line 6 of Form W-4. Free state file taxes   If you maintain an electronic Form W-4 system, you should provide a field for nonresident alien employees to enter nonresident alien status in lieu of writing “Nonresident Alien” or “NRA” above the dotted line on line 6. Free state file taxes    A nonresident alien employee may request additional withholding at his or her option for other purposes, although such additions should not be necessary for withholding to cover federal income tax liability related to employment. Free state file taxes Form 8233. Free state file taxes   If a nonresident alien employee claims a tax treaty exemption from withholding, the employee must submit Form 8233, Exemption from Withholding on Compensation for Independent (and Certain Dependent) Personal Services of a Nonresident Alien Individual, with respect to the income exempt under the treaty, instead of Form W-4. Free state file taxes See Publication 515 for details. Free state file taxes IRS review of requested Forms W-4. Free state file taxes   When requested by the IRS, you must make original Forms W-4 available for inspection by an IRS employee. Free state file taxes You may also be directed to send certain Forms W-4 to the IRS. Free state file taxes You may receive a notice from the IRS requiring you to submit a copy of Form W-4 for one or more of your named employees. Free state file taxes Send the requested copy or copies of Form W-4 to the IRS at the address provided and in the manner directed by the notice. Free state file taxes The IRS may also require you to submit copies of Form W-4 to the IRS as directed by a revenue procedure or notice published in the Internal Revenue Bulletin. Free state file taxes When we refer to Form W-4, the same rules apply to Formulario W-4(SP), its Spanish translation. Free state file taxes   After submitting a copy of the requested Form W-4 to the IRS, continue to withhold federal income tax based on that Form W-4 if it is valid (see Invalid Forms W-4 , later in this section). Free state file taxes However, if the IRS later notifies you in writing that the employee is not entitled to claim a complete exemption from withholding or more than the maximum number of withholding allowances specified by the IRS in the written notice, withhold federal income tax based on the effective date, marital status, and maximum number of withholding allowances specified in the notice (commonly referred to as a “lock-in letter”). Free state file taxes Initial lock-in letter. Free state file taxes   The IRS uses information reported on Form W-2 to identify employees with withholding compliance problems. Free state file taxes In some cases, where a serious under-withholding problem is found to exist for a particular employee, the IRS may issue a lock-in letter to the employer specifying the maximum number of withholding allowances and marital status permitted for a specific employee. Free state file taxes You will also receive a copy for the employee that identifies the maximum number of withholding allowances permitted and the process by which the employee can provide additional information to the IRS for purposes of determining the appropriate number of withholding allowances. Free state file taxes If the employee is employed by you as of the date of the notice, you must furnish the employee copy to the employee within 10 business days of receipt. Free state file taxes You may follow any reasonable business practice to furnish the employee copy to the employee. Free state file taxes Implementation of lock-in letter. Free state file taxes   When you receive the notice specifying the maximum number of withholding allowances and marital status permitted, you may not withhold immediately on the basis of the notice. Free state file taxes You must begin withholding tax on the basis of the notice for any wages paid after the date specified in the notice. Free state file taxes The delay between your receipt of the notice and the date to begin the withholding on the basis of the notice permits the employee to contact the IRS. Free state file taxes Seasonal employees and employees not currently performing services. Free state file taxes   If you receive a notice for an employee who is not currently performing services for you, you are still required to furnish the employee copy to the employee and withhold based on the notice if any of the following apply. Free state file taxes You are paying wages for the employee's prior services and the wages are subject to income tax withholding on or after the date specified in the notice. Free state file taxes You reasonably expect the employee to resume services within 12 months of the date of the notice. Free state file taxes The employee is on a bona fide leave of absence that does not exceed 12 months or the employee has a right to reemployment after the leave of absence. Free state file taxes Termination and re-hire of employees. Free state file taxes   If you are required to furnish and withhold based on the notice and the employment relationship is terminated after the date of the notice, you must continue to withhold based on the notice if you continue to pay any wages subject to income tax withholding. Free state file taxes You must also withhold based on the notice or modification notice (explained next) if the employee resumes the employment relationship with you within 12 months after the termination of the employment relationship. Free state file taxes Modification notice. Free state file taxes   After issuing the notice specifying the maximum number of withholding allowances and marital status permitted, the IRS may issue a subsequent notice (modification notice) that modifies the original notice. Free state file taxes The modification notice may change the marital status and/or the number of withholding allowances permitted. Free state file taxes You must withhold federal income tax based on the effective date specified in the modification notice. Free state file taxes New Form W-4 after IRS notice. Free state file taxes   After the IRS issues a notice or modification notice, if the employee provides you with a new Form W-4 claiming complete exemption from withholding or claims a marital status, a number of withholding allowances, and any additional withholding that results in less withholding than would result under the IRS notice or modification notice, you must disregard the new Form W-4. Free state file taxes You are required to withhold on the basis of the notice or modification notice unless the IRS subsequently notifies you to withhold based on the new Form W-4. Free state file taxes If the employee wants to put a new Form W-4 into effect that results in less withholding than required, the employee must contact the IRS. Free state file taxes   If, after you receive an IRS notice or modification notice, your employee provides you with a new Form W-4 that does not claim exemption from federal income tax withholding and claims a marital status, a number of withholding allowances, and any additional withholding that results in more withholding than would result under the notice or modification notice, you must withhold tax on the basis of that new Form W-4. Free state file taxes Otherwise, disregard any subsequent Forms W-4 provided by the employee and withhold based on the IRS notice or modification notice. Free state file taxes Substitute Forms W-4. Free state file taxes   You are encouraged to have your employees use the official version of Form W-4 to claim withholding allowances or exemption from withholding. Free state file taxes Call the IRS at 1-800-TAX-FORM (1-800-829-3676) or visit IRS. Free state file taxes gov to obtain copies of Form W-4. Free state file taxes   You may use a substitute version of Form W-4 to meet your business needs. Free state file taxes However, your substitute Form W-4 must contain language that is identical to the official Form W-4 and your form must meet all current IRS rules for substitute forms. Free state file taxes At the time that you provide your substitute form to the employee, you must provide him or her with all tables, instructions, and worksheets from the current Form W-4. Free state file taxes   You cannot accept a substitute Form W-4 developed by an employee, and the employee submitting such form will be treated as failing to furnish a Form W-4. Free state file taxes However, continue to use any valid Forms W-4 developed by your employees that you accepted before October 11, 2007. Free state file taxes Invalid Forms W-4. Free state file taxes   Any unauthorized change or addition to Form W-4 makes it invalid. Free state file taxes This includes taking out any language by which the employee certifies that the form is correct. Free state file taxes A Form W-4 is also invalid if, by the date an employee gives it to you, he or she indicates in any way that it is false. Free state file taxes An employee who submits a false Form W-4 may be subject to a $500 penalty. Free state file taxes You may treat a Form W-4 as invalid if the employee wrote “exempt” on line 7 and also entered a number on line 5 or an amount on line 6. Free state file taxes   When you get an invalid Form W-4, do not use it to figure federal income tax withholding. Free state file taxes Tell the employee that it is invalid and ask for another one. Free state file taxes If the employee does not give you a valid one, withhold taxes as if the employee was single and claiming no withholding allowances. Free state file taxes However, if you have an earlier Form W-4 for this worker that is valid, withhold as you did before. Free state file taxes   For additional information about these rules, see Treasury Decision 9337, 2007-35 I. Free state file taxes R. Free state file taxes B. Free state file taxes 455, available at www. Free state file taxes irs. Free state file taxes gov/irb/2007-35_IRB/ar10. Free state file taxes html. Free state file taxes Amounts exempt from levy on wages, salary, and other income. Free state file taxes   If you receive a Notice of Levy on Wages, Salary, and Other Income—Forms 668-W(ACS), 668-W(c)(DO), or 668-W(ICS), you must withhold amounts as described in the instructions for these forms. Free state file taxes Publication 1494, Tables for Figuring Amount Exempt From Levy on Wages, Salary, and Other Income—Forms 668-W(ACS), 668-W(c)(DO), and 668-W(ICS), shows the exempt amount. Free state file taxes If a levy issued in a prior year is still in effect and the taxpayer submits a new Statement of Exemptions and Filing Status, use the current year Publication 1494 to compute the exempt amount. Free state file taxes How To Figure Federal Income Tax Withholding There are several ways to figure federal income tax withholding. Free state file taxes Wage bracket tables. Free state file taxes See section 13 for directions on how to use the tables. Free state file taxes Percentage method. Free state file taxes See section 13 for directions on how to use the percentage method. Free state file taxes Alternative formula tables for percentage method withholding. Free state file taxes See Publication 15-A. Free state file taxes Wage bracket percentage method withholding tables. Free state file taxes See Publication 15-A. Free state file taxes Other alternative methods. Free state file taxes See Publication 15-A. Free state file taxes Employers with automated payroll systems will find the two alternative formula tables and the two alternative wage bracket percentage method tables in Publication 15-A useful. Free state file taxes If an employee wants additional federal tax withheld, have the employee show the extra amount on Form W-4. Free state file taxes Supplemental wages. Free state file taxes   Supplemental wages are wage payments to an employee that are not regular wages. Free state file taxes They include, but are not limited to, bonuses, commissions, overtime pay, accumulated sick leave, severance pay, awards, prizes, back pay and retroactive pay increases for current employees, and payments for nondeductible moving expenses. Free state file taxes Other payments subject to the supplemental wage rules include taxable fringe benefits and expense allowances paid under a nonaccountable plan. Free state file taxes   If you pay supplemental wages with regular wages but do not specify the amount of each, withhold federal income tax as if the total was a single payment for a regular payroll period. Free state file taxes   If you pay supplemental wages separately (or combine them in a single payment and specify the amount of each), the federal income tax withholding method depends partly on whether you withhold federal income tax from your employee's regular wages. Free state file taxes If you withheld federal income tax from an employee's regular wages in the current or immediately preceding calendar year, you can use one of the following methods for the supplemental wages. Free state file taxes Withhold a flat 25% (no other percentage allowed). Free state file taxes If the supplemental wages are paid concurrently with regular wages, add the supplemental wages to the concurrently paid regular wages. Free state file taxes If there are no concurrently paid regular wages, add the supplemental wages to alternatively, either the regular wages paid or to be paid for the current payroll period or the regular wages paid for the preceding payroll period. Free state file taxes Figure the income tax withholding as if the total of the regular wages and supplemental wages is a single payment. Free state file taxes Subtract the tax withheld from the regular wages. Free state file taxes Withhold the remaining tax from the supplemental wages. Free state file taxes If there were other payments of supplemental wages paid during the payroll period made before the current payment of supplemental wages, aggregate all the payments of supplemental wages paid during the payroll period with the regular wages paid during the payroll period, calculate the tax on the total, subtract the tax already withheld from the regular wages and previous supplemental wage payments, and withhold the remaining tax from the current payment of supplemental wages. Free state file taxes If you did not withhold federal income tax from the employee's regular wages in the current or immediately preceding calendar year, use method 1-b above. Free state file taxes This would occur, for example, when the value of the employee's withholding allowances claimed on Form W-4 is more than the wages. Free state file taxes    Separate rules apply to any supplemental wages exceeding $1 million that you pay to an individual during the year. Free state file taxes See section 7 in Publication 15 (Circular E) for details. Free state file taxes   Regardless of the method that you use to withhold federal income tax on supplemental wages, they are generally subject to social security, Medicare, and FUTA taxes. Free state file taxes 6. Free state file taxes Required Notice to Employees About Earned Income Credit (EIC) You must notify employees who have no federal income tax withheld that they may be able to claim a tax refund because of the EIC. Free state file taxes Although you do not have to notify employees who claim exemption from withholding on Form W-4 about the EIC, you are encouraged to notify any employees whose wages for 2013 were less than $46,227 ($51,567 if married filing jointly) that they may be eligible to claim the credit for 2013. Free state file taxes This is because eligible employees may get a refund of the amount of EIC that is more than the tax that they owe. Free state file taxes You will meet the notification requirement if you issue to the employee Form W-2 with the EIC notice on the back of Copy B, or a substitute Form W-2 with the same statement. Free state file taxes You may also meet the requirement by providing Notice 797, Possible Federal Tax Refund Due to the Earned Income Credit (EIC), or your own statement that contains the same wording. Free state file taxes If a substitute Form W-2 is given to the employee on time but does not have the required statement, you must notify the employee within 1 week of the date that the substitute Form W-2 is given. Free state file taxes If Form W-2 is required but is not given on time, you must give the employee Notice 797 or your written statement by the date that Form W-2 is required to be given. Free state file taxes If Form W-2 is not required, you must notify the employee by February 7, 2014. Free state file taxes 7. Free state file taxes Depositing Taxes Generally, you must deposit both the employer and employee shares of social security and Medicare taxes and federal income tax withheld. Free state file taxes You must use electronic funds transfer to make all federal tax deposits. Free state file taxes See How To Deposit , later in this section. Free state file taxes The credit against employment taxes for COBRA premium assistance payments is treated as a deposit of taxes on the first day of your return period. Free state file taxes For more information, see COBRA premium assistance credit under Introduction. Free state file taxes Payment with return. Free state file taxes   You may make payments with Forms 943 or 945 instead of depositing if one of the following applies. Free state file taxes You report less than a $2,500 tax liability for the year (Form 943, line 11; Form 945, line 3) and you pay in full with a return that is filed on time. Free state file taxes However, if you are unsure that you will report less than $2,500, deposit under the rules explained in this section so that you will not be subject to failure-to-deposit penalties. Free state file taxes You are a monthly schedule depositor and make a payment in accordance with the Accuracy of Deposits Rule discussed later in this section. Free state file taxes This payment may be $2,500 or more. Free state file taxes Only monthly schedule depositors, defined later, are allowed to make an Accuracy of Deposits Rule payment with the return. Free state file taxes Semiweekly schedule depositors must timely deposit the amount. Free state file taxes See Accuracy of Deposits Rule and How To Deposit, later in this section. Free state file taxes When To Deposit If you employ both farm and nonfarm workers, do not combine the taxes reportable on Forms 941 or 944 with Form 943 to decide whether to make a deposit. Free state file taxes See Employers of Both Farm and Nonfarm Workers, later in this section. Free state file taxes The rules for determining when to deposit Form 943 taxes are discussed below. Free state file taxes See section 10 for the separate rules that apply to FUTA tax. Free state file taxes Under these rules, you are classified as either a monthly schedule depositor or a semiweekly schedule depositor. Free state file taxes The terms “monthly schedule depositor” and “semiweekly schedule depositor” do not refer to how often your business pays its employees or how often you are required to make deposits. Free state file taxes The terms identify which set of rules you must follow when you incur a tax liability (for example, when you have a payday). Free state file taxes The deposit schedule that you must use for a calendar year is determined from the tax liability reported on your Form 943, line 9, for the lookback period, discussed next. Free state file taxes If you reported $50,000 or less of Form 943 taxes for the lookback period, you are a monthly schedule depositor. Free state file taxes If you reported more than $50,000 of Form 943 taxes for the lookback period, you are a semiweekly schedule depositor. Free state file taxes Lookback period. Free state file taxes   The lookback period is the second calendar year preceding the current calendar year. Free state file taxes For example, the lookback period for 2014 is 2012. Free state file taxes Example of deposit schedule based on lookback period. Free state file taxes Rose Co. Free state file taxes reported taxes on Form 943 as follows. Free state file taxes 2012 — $48,000 2013 — $60,000 Rose Co. Free state file taxes is a monthly schedule depositor for 2014 because its taxes for the lookback period ($48,000 for calendar year 2012) were not more than $50,000. Free state file taxes However, for 2015, Rose Co. Free state file taxes is a semiweekly schedule depositor because the total taxes before adjustment for its lookback period ($60,000 for calendar year 2013) exceeded $50,000. Free state file taxes Adjustments to lookback period taxes. Free state file taxes   To determine your taxes for the lookback period, use only the tax that you reported on the original return (Form 943, line 9). Free state file taxes Do not include adjustments shown on Form 943-X, Adjusted Employer's Annual Federal Tax Return for Agricultural Employees or Claim for Refund. Free state file taxes Example of adjustments. Free state file taxes An employer originally reported total tax of $45,000 for the lookback period in 2012. Free state file taxes The employer discovered during March 2014 that the tax reported for the lookback period was understated by $10,000 and corrected this error by filing Form 943-X. Free state file taxes The total tax reported in the lookback period is still $45,000. Free state file taxes The $10,000 adjustment is also not treated as part of the 2014 taxes. Free state file taxes Deposit period. Free state file taxes   The term “deposit period” refers to the period during which tax liabilities are accumulated for each required deposit due date. Free state file taxes For monthly schedule depositors, the deposit period is a calendar month. Free state file taxes The deposit periods for semiweekly schedule depositors are Wednesday through Friday and Saturday through Tuesday. Free state file taxes Monthly Deposit Schedule If the tax liability reported on Form 943, line 9, for the lookback period is $50,000 or less, you are a monthly schedule depositor for the current year. Free state file taxes You must deposit Form 943 taxes on payments made during a calendar month by the 15th day of the following month. Free state file taxes Monthly schedule example. Free state file taxes   Red Co. Free state file taxes is a seasonal employer and a monthly schedule depositor. Free state file taxes It pays wages each Friday. Free state file taxes It paid wages during August 2014, but did not pay any wages during September. Free state file taxes Red Co. Free state file taxes must deposit the combined tax liabilities for the August paydays by September 15. Free state file taxes Red Co. Free state file taxes does not have a deposit requirement for September (that is, due by October 15, 2014) because no wages were paid in September; therefore, it did not have a tax liability for September. Free state file taxes New employers. Free state file taxes   For agricultural employers, your tax liability for any year in the lookback period before the date you started or acquired your business is considered to be zero. Free state file taxes Therefore, you are a monthly schedule depositor for the first and second calendar years of your agricultural business (but see the $100,000 Next-Day Deposit Rule , later in this section). Free state file taxes Semiweekly Deposit Schedule You are a semiweekly schedule depositor for a calendar year if the tax liability on Form 943, line 9, during your lookback period was more than $50,000. Free state file taxes Under the semiweekly deposit schedule, deposit Form 943 taxes for payments made on Wednesday, Thursday, and/or Friday by the following Wednesday. Free state file taxes Deposit amounts accumulated for payments made on Saturday, Sunday, Monday, and/or Tuesday by the following Friday. Free state file taxes Semiweekly depositors are not required to deposit twice a week if their payments were in the same semiweekly period unless the $100,000 Next-Day Deposit Rule (discussed later in this section) applies. Free state file taxes For example, if you made a payment on both Wednesday and Friday and incurred taxes of $10,000 for each pay date, deposit the $20,000 by the following Wednesday. Free state file taxes If you made no additional payments on Saturday through Tuesday, no deposit is due on Friday. Free state file taxes Semiweekly schedule depositors must complete Form 943-A, Agricultural Employer's Record of Federal Tax Liability, and submit it with Form 943. Free state file taxes Semiweekly Deposit Schedule IF the payday falls on a. Free state file taxes . Free state file taxes . Free state file taxes THEN deposit taxes by the following. Free state file taxes . Free state file taxes . Free state file taxes Wednesday, Thursday, and/or Friday Wednesday Saturday, Sunday, Monday, and/or Tuesday Friday Semiweekly schedule example. Free state file taxes   Green, Inc. Free state file taxes , is a semiweekly schedule depositor and pays wages once each month on the last Friday of the month. Free state file taxes Green, Inc. Free state file taxes , will deposit only once a month, but the deposit will be made under the semiweekly deposit schedule as follows. Free state file taxes Green, Inc. Free state file taxes 's tax liability for the April 25, 2014 (Friday), wage payment must be deposited by April 30, 2014 (Wednesday). Free state file taxes Semiweekly deposit period spanning two quarters. Free state file taxes   If you have more than one pay date during a semiweekly period and the pay dates fall in different calendar quarters, you will need to make separate deposits for the separate liabilities. Free state file taxes For example, if you have a pay date on Monday, March 31, 2014 (first quarter), and another pay date on Tuesday, April 1, 2014 (second quarter), two separate deposits will be required even though the pay dates fall within the same semiweekly period. Free state file taxes Both deposits will be due Friday, April 4, 2014 (3 business days from the end of the semiweekly deposit period). Free state file taxes Deposits on Business Days Only If a deposit is required to be made on a day that is not a business day, the deposit is considered timely if it is made by the close of the next business day. Free state file taxes A business day is any day other than a Saturday, Sunday, or legal holiday. Free state file taxes For example, if a deposit is required to be made on Friday and Friday is a legal holiday, the deposit is considered timely if it is made by the following Monday (if Monday is a business day). Free state file taxes Semiweekly schedule depositors   will always have 3 business days to make a deposit. Free state file taxes That is, if any of the 3 weekdays after the end of a semiweekly period is a legal holiday, you will have an additional day for each day that is a legal holiday to make the deposit. Free state file taxes For example, if a semiweekly schedule depositor accumulated taxes on Friday and the following Monday is a legal holiday, the deposit normally due on Wednesday may be made on Thursday (this allows 3 business days to make the deposit). Free state file taxes Legal holiday. Free state file taxes   The term “legal holiday” means any legal holiday in the District of Columbia. Free state file taxes Legal holidays for 2014 are listed below. Free state file taxes January 1— New Year's Day January 20— Birthday of Martin Luther King, Jr. Free state file taxes February 17— Washington's Birthday April 16— District of Columbia Emancipation Day May 26— Memorial Day July 4— Independence Day September 1— Labor Day October 13— Columbus Day November 11— Veterans' Day November 27— Thanksgiving Day December 25— Christmas Day $100,000 Next-Day Deposit Rule If you accumulate $100,000 or more of Form 943 taxes (that is, taxes reported on Form 943, line 11) on any day during a deposit period, you must deposit the tax by the close of the next business day, whether you are a monthly or a semiweekly schedule depositor. Free state file taxes For purposes of the $100,000 rule, do not continue accumulating a tax liability after the end of a deposit period. Free state file taxes For example, if a semiweekly schedule depositor has accumulated a liability of $95,000 on a Tuesday (of a Saturday-through-Tuesday deposit period) and accumulated a $10,000 liability on Wednesday, the $100,000 next-day deposit rule does not apply because the $10,000 is accumulated in the next deposit period. Free state file taxes Thus, $95,000 must be deposited by Friday and $10,000 must be deposited by the following Wednesday. Free state file taxes However, once you accumulate at least $100,000 in a deposit period, stop accumulating at the end of that day and begin to accumulate anew on the next day. Free state file taxes For example, Fir Co. Free state file taxes is a semiweekly schedule depositor. Free state file taxes On Monday, Fir Co. Free state file taxes accumulates taxes of $110,000 and must deposit this amount on Tuesday, the next business day. Free state file taxes On Tuesday, Fir Co. Free state file taxes accumulates additional taxes of $30,000. Free state file taxes Because the $30,000 is not added to the previous $110,000 and is less than $100,000, Fir Co. Free state file taxes does not have to deposit the $30,000 until Friday (following the semiweekly deposit schedule). Free state file taxes If you are a monthly schedule depositor and you accumulate a $100,000 tax liability on any day, you become a semiweekly schedule depositor on the next day and remain so for at least the rest of the calendar year and for the following calendar year. Free state file taxes Example of the $100,000 next-day deposit rule. Free state file taxes   Elm, Inc. Free state file taxes , started its business on May 1, 2014. Free state file taxes Because Elm, Inc. Free state file taxes , is a new employer, the taxes for its lookback period are considered to be zero; therefore, Elm, Inc. Free state file taxes , is a monthly schedule depositor. Free state file taxes On May 8, Elm, Inc. Free state file taxes , paid wages for the first time and accumulated taxes of $50,000. Free state file taxes On May 9 (Friday), Elm, Inc. Free state file taxes , paid wages and accumulated taxes of $60,000, for a total of $110,000. Free state file taxes Because Elm, Inc. Free state file taxes , accumulated $110,000 on May 9, it must deposit $110,000 by May 12 (Monday), the next business day. Free state file taxes Elm, Inc. Free state file taxes , became a semiweekly schedule depositor on May 10. Free state file taxes It will be a semiweekly schedule depositor for the remainder of 2014 and for 2015. Free state file taxes Accuracy of Deposits Rule You are required to deposit 100% of your tax liability on or before the deposit due date. Free state file taxes However, penalties will not be applied for depositing less than 100% if both of the following conditions are met. Free state file taxes Any deposit shortfall does not exceed the greater of $100 or 2% of the amount of taxes otherwise required to be deposited. Free state file taxes The deposit shortfall is paid or deposited by the shortfall makeup date as described below. Free state file taxes Makeup Date for Deposit Shortfall:    Monthly Schedule Depositor—Deposit the shortfall or pay it with your return by the due date of your Form 943. Free state file taxes You may pay the shortfall with your Form 943 even if the amount is $2,500 or more. Free state file taxes Semiweekly Schedule Depositor—Deposit by the earlier of (a) the first Wednesday or Friday (whichever comes first) that falls on or after the 15th of the month following the month in which the shortfall occurred, or (b) the due date for Form 943. Free state file taxes For example, if a semiweekly schedule depositor has a deposit shortfall during February 2014, the shortfall makeup date is March 19, 2014 (Wednesday). Free state file taxes How To Deposit You must deposit employment taxes by electronic funds transfer. Free state file taxes See Payment with return , earlier in this section, for exceptions explaining when taxes may be paid with the tax return instead of being deposited. Free state file taxes Electronic deposit requirement. Free state file taxes   You must use electronic funds transfer to make all federal tax deposits (such as deposits of employment tax, excise tax, and corporate income tax). Free state file taxes Generally, electronic funds transfers are made using the Electronic Federal Tax Payment System (EFTPS). Free state file taxes If you do not want to use EFTPS, you can arrange for your tax professional, financial institution, payroll service, or other trusted third party to make electronic deposits on your behalf. Free state file taxes   EFTPS is a free service provided by the Department of Treasury. Free state file taxes To get more information or to enroll in EFTPS, call 1-800-555-4477 (business), 1-800-316-6541 (individual), or 1-800-733-4829 (TDD). Free state file taxes You can also visit the EFTPS website at www. Free state file taxes eftps. Free state file taxes gov. Free state file taxes Additional information about EFTPS is also available in Publication 966. Free state file taxes New employers that have a federal tax obligation will be pre-enrolled in EFTPS. Free state file taxes Call the toll-free number located in your Employer Identification Number (EIN) Package to activate your enrollment and begin making your tax deposit payments. Free state file taxes See When you receive your EIN in section 1 for more information. Free state file taxes Deposit record. Free state file taxes   For your records, an Electronic Funds Transfer (EFT) Trace Number will be provided with each successful payment. Free state file taxes The number can be used as a receipt or to trace the payment. Free state file taxes Depositing on time. Free state file taxes   For deposits made by EFTPS to be on time, you must initiate the deposit by 8 p. Free state file taxes m. Free state file taxes Eastern time the day before the date a deposit is due. Free state file taxes If you use a third party to make a deposit on your behalf, they may have different cutoff times. Free state file taxes Same-day payment option. Free state file taxes   If you fail to initiate a deposit transaction on EFTPS by 8 p. Free state file taxes m. Free state file taxes Eastern time the day before the date a deposit is due, you can still make your deposit on time by using the Federal Tax Application (FTA). Free state file taxes To use the same-day payment method, you will need to make arrangements with your financial institution ahead of time. Free state file taxes Please check with your financial institution regarding availability, deadlines, and costs. Free state file taxes Your financial institution may charge you a fee for payments made this way. Free state file taxes To learn more about the information you will need to provide to your financial institution to make a same-day wire payment, visit www. Free state file taxes eftps. Free state file taxes gov to download the Same-Day Payment Worksheet. Free state file taxes Deposit Penalties Penalties may apply if you do not make required deposits on time or if you make deposits for less than the required amount. Free state file taxes The penalties do not apply if any failure to make a proper and timely deposit was due to reasonable cause and not to willful neglect. Free state file taxes IRS may also waive deposit penalties if you inadvertently fail to deposit in the first quarter that a deposit is due, or the first quarter during which your frequency of deposits changed, if you timely filed your employment tax return. Free state file taxes For amounts not properly deposited or not deposited on time, the penalty rates are shown next. Free state file taxes Penalty Charged for. Free state file taxes . Free state file taxes . Free state file taxes 2% Deposits made 1 to 5 days late. Free state file taxes 5% Deposits made 6 to 15 days late. Free state file taxes 10% Deposits made 16 or more days late. Free state file taxes Also applies to amounts paid within 10 days of the date of the first notice the IRS sent asking for the tax due. Free state file taxes 10% Amounts (that should have been deposited) paid directly to the IRS or paid with your tax return. Free state file taxes See Payment with return , earlier in this section, for exceptions. Free state file taxes 15% Amounts still unpaid more than 10 days after the date of the first notice that the IRS sent asking for the tax due or the day on which you received notice and demand for immediate payment, whichever is earlier. Free state file taxes Late deposit penalty amounts are determined using calendar days, starting from the due date of the liability. Free state file taxes Order in which deposits are applied. Free state file taxes   Deposits generally are applied to the most recent tax liability within the year. Free state file taxes If you receive a failure-to-deposit penalty notice, you may designate how your deposits are to be applied in order to minimize the amount of the penalty, if you do so within 90 days of the date of the notice. Free state file taxes Follow the instructions on the penalty notice that you received. Free state file taxes For examples on how the IRS will apply deposits and more information on designating deposits, see Revenue Procedure 2001-58. Free state file taxes You can find Revenue Procedure 2001-58 on page 579 of Internal Revenue Bulletin 2001-50 at www. Free state file taxes irs. Free state file taxes gov/pub/irs-irbs/irb01-50. Free state file taxes pdf. Free state file taxes Example. Free state file taxes Cedar, Inc. Free state file taxes , is required to make a deposit of $1,000 on July 15 and $1,500 on August 15. Free state file taxes It does not make the deposit on July 15. Free state file taxes On August 15, Cedar, Inc. Free state file taxes , deposits $2,000. Free state file taxes Under the deposits rule, which applies deposits to the most recent tax liability, $1,500 of the deposit is applied to the August 15 deposit and the remaining $500 is applied to the July deposit. Free state file taxes Accordingly, $500 of the July 15 liability remains undeposited. Free state file taxes The penalty on this underdeposit will apply as explained above. Free state file taxes Trust fund recovery penalty. Free state file taxes   If federal income, social security, or Medicare taxes that must be withheld are not withheld or are not deposited or paid to the United States Treasury, the trust fund recovery penalty may apply. Free state file taxes The penalty is the full amount of the unpaid trust fund tax. Free state file taxes This penalty may apply to you if these unpaid taxes cannot be immediately collected from the employer or business. Free state file taxes   The trust fund recovery penalty may be imposed on all persons who are determined by the IRS to be responsible for collecting, accounting for, and paying over these taxes, and who acted willfully in not doing so. Free state file taxes   A responsible person can be an officer or employee of a corporation, a partner or employee of a partnership, an accountant, a volunteer director/trustee, or an employee of a sole proprietorship. Free state file taxes A responsible person also may include one who signs checks for the business or otherwise has authority to cause the spending of business funds. Free state file taxes    Willfully means voluntarily, consciously, and intentionally. Free state file taxes A responsible person acts willfully if the person knows that the required actions of collecting, accounting for or paying over trust fund taxes are not taking place, or recklessly disregards obvious and known risks to the government's right to receive trust fund taxes. Free state file taxes “Average” failure-to-deposit penalty. Free state file taxes   IRS may assess an “averaged” failure-to-deposit penalty of 2% to 10% if you are a monthly schedule depositor and did not properly complete Form 943, line 17, when your tax liability shown on Form 943, line 11, was $2,500 or more. Free state file taxes IRS may also assess this penalty of 2% to 10% if you are a semiweekly schedule depositor and your tax liability shown on Form 943, line 11, was $2,500 or more and you did any of the following. Free state file taxes Completed Form 943, line 17, instead of Form 943-A. Free state file taxes Failed to attach a properly completed Form 943-A. Free state file taxes Completed Form 943-A incorrectly, for example, by entering tax deposits instead of tax liabilities in the numbered spaces. Free state file taxes   IRS figures the penalty by allocating your tax liability on Form 943, line 11, equally throughout the tax period. Free state file taxes Your deposits and payments may not be counted as timely because IRS does not know the actual dates of your tax liabilities. Free state file taxes   You can avoid the penalty by reviewing your return before filing it. Free state file taxes Follow these steps before filing your Form 943. Free state file taxes If you are a monthly schedule depositor, report your tax liabilities (not your deposits) in the monthly entry spaces on Form 943, line 17. Free state file taxes If you are a semiweekly schedule depositor, report your tax liabilities (not your deposits) on Form 943-A in the lines that represent the dates you paid your employees. Free state file taxes Verify that your total liability shown on Form 943, line 17, or Form 943-A, line M, equals your tax liability shown on Form 943, line 11. Free state file taxes Do not show negative amounts on Form 943, line 17, or Form 943-A. Free state file taxes For prior period errors discovered after December 31, 2008, do not adjust your tax liabilities reported on Form 943, line 17, or on Form 943-A. Free state file taxes Employers of Both Farm and Nonfarm Workers If you employ both farm and nonfarm workers, you must treat employment taxes for the farmworkers (Form 943 taxes) separately from employment taxes for the nonfarm workers (Form 941 and 944 taxes). Free state file taxes Form 943 taxes and Form 941/944 taxes are not combined for purposes of applying any of the deposit schedule rules. Free state file taxes If a deposit is due, deposi