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H&r Block Income Tax

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H&r Block Income Tax

H&r block income tax Index A Accidentes, Pérdidas deducibles. H&r block income tax , Pérdidas no deducibles. H&r block income tax Agencia Federal para el Manejo de Emergencias (FEMA) , cómo comunicarse con la, Cómo Comunicarse con la Agencia Federal para el Manejo de Emergencias (FEMA) Ajustes a la base, Ajuste a la base de los bienes de una sociedad anónima. H&r block income tax , Ajustes a la Base Aplazamiento de la declaración de una ganancia, Aplazamiento de la Declaración de una Ganancia Bienes de reposición adquiridos antes de presentar la declaración de impuestos, Bienes de reposición adquiridos antes de presentar la declaración de impuestos. H&r block income tax Bienes de reposición adquiridos después de haber presentado la declaración de impuestos, Bienes de reposición adquiridos después de haber presentado la declaración de impuestos. H&r block income tax Cambio de idea, Si cambia de idea. H&r block income tax Declaración enmendada, Declaración enmendada. H&r block income tax Documento escrito requerido, Documento escrito requerido. H&r block income tax Límite de 3 años, Límite de 3 años. H&r block income tax Sustitución de los bienes de reposición, Sustitución de los bienes de reposición. H&r block income tax Asistencia (see Ayuda con los impuestos) Automóviles Accidentes, Pérdidas deducibles. H&r block income tax Valor justo de mercado de, Valor de automóviles. H&r block income tax Ayuda (see Ayuda con los impuestos) Ayuda con los impuestos, Cómo Obtener Ayuda con los Impuestos B Base Ajustada, Base Ajustada Ajustes a, Ajuste a la base de los bienes de una sociedad anónima. H&r block income tax , Ajustes a la Base Propiedad de Reposición, Base de la propiedad de reposición. H&r block income tax Base ajustada, Base Ajustada Bienes de reposición, Bienes de Reposición Ajuste a la base de los bienes de una sociedad anónima, Ajuste a la base de los bienes de una sociedad anónima. H&r block income tax Aplazamiento de la declaración de una ganancia, Bienes de reposición adquiridos antes de presentar la declaración de impuestos. H&r block income tax Pago adelantado, Pago adelantado. H&r block income tax Vivienda principal Ubicada en zona de desastre, Vivienda principal en una zona de desastre. H&r block income tax Bienes de uso personal Cómo declarar pérdidas y ganancias, Bienes de uso personal. H&r block income tax Bienes extraviados o perdidos, Bienes extraviados o perdidos. H&r block income tax Bienes muebles Deducción de pérdidas, cálculo de, Bienes muebles. H&r block income tax Bienes raíces de uso personal, Excepción en el caso de bienes inmuebles de uso personal. H&r block income tax Bienes robados (see Pérdidas por robo) Bienes robados recuperados, Bienes robados recuperados. H&r block income tax C Comentarios sobre la publicación, Comentarios y sugerencias. H&r block income tax Cómo aplazar la declaración de una ganancia, Cómo Aplazar la Declaración de una Ganancia Cómo calcular una ganancia, Propiedad usada en parte para fines comerciales y en parte para fines personales. H&r block income tax Cómo calcular una pérdida, Comprobación de las pérdidas por robo. H&r block income tax Base ajustada, Base Ajustada Pérdidas en zonas de desastre, Cómo calcular la deducción de pérdidas. H&r block income tax Seguro y otros reembolsos, Seguro y Otros Reembolsos Cómo Calcular una Pérdida, Cómo Calcular la Deducción Cómo declarar pérdidas y ganancias, Declaración de una ganancia. H&r block income tax , Cómo Declarar Pérdidas y Ganancias Adquiridos antes o después de presentar la declaración de impuestos, Cuándo Declarar Pérdidas y Ganancias Base, ajustes a la, Ajustes a la Base Bienes de uso personal, Bienes de uso personal. H&r block income tax Deducciones mayores al ingreso, Si las Deducciones son Mayores que el Ingreso Depósitos monetarios, Cómo se declaran las pérdidas de depósitos monetarios. H&r block income tax Tabla 1, Tabla 1. H&r block income tax Cómo Declarar la Pérdida de Depósitos Monetarios Pérdidas en zonas de desastre, Cómo declarar la pérdida en el Formulario 1040X. H&r block income tax Propiedad comercial y de generación de ingresos, Bienes comerciales y de generación de ingresos. H&r block income tax Comprobación de las Pérdidas, Comprobación de las Pérdidas Contribuyentes casados Límites de la deducción, Contribuyentes casados. H&r block income tax , Contribuyentes casados. H&r block income tax Costos Fotografías tomadas después de la pérdida, Costos de fotografías y tasaciones. H&r block income tax Gastos imprevistos, Gastos afines. H&r block income tax Jardines, Jardines. H&r block income tax Limpieza, Costos de limpieza y reparaciones. H&r block income tax Protección, Costos de protección. H&r block income tax Reparaciones, Costos de limpieza y reparaciones. H&r block income tax Reposición, Costos de reposición. H&r block income tax Tasaciones, Costos de fotografías y tasaciones. H&r block income tax Costos de limpieza, Costos de limpieza y reparaciones. H&r block income tax Costos de protección, Costos de protección. H&r block income tax Costos de reparación, Costos de limpieza y reparaciones. H&r block income tax Costos de reposición, Costos de reposición. H&r block income tax D Declaración enmendada, Declaración enmendada. H&r block income tax Defensor del Contribuyente, El Servicio del Defensor del Contribuyente está aquí para ayudarlo a usted. H&r block income tax Desastres declarados por el gobierno federal, Propiedad comercial o de generación de ingresos ubicada en una zona de desastre declarada por el gobierno federal. H&r block income tax , Pérdidas en Zonas de Desastre Deudas incobrables, Deudas incobrables no relacionadas con los negocios. H&r block income tax Deudas incobrables no relacionadas con los negocios, Deudas incobrables no relacionadas con los negocios. H&r block income tax Documentación de la pérdida, Comprobación de las pérdidas por robo. H&r block income tax Donaciones en efectivo, Donaciones en efectivo. H&r block income tax E Entidad afín, compra de bienes de reposición de una, Compra de bienes de reposición de una entidad afín. H&r block income tax Esquemas de inversión de tipo Ponzi , Pérdidas provenientes de esquemas de inversión de tipo Ponzi (Ponzi-type schemes). H&r block income tax Expropiaciones forzosas, Expropiaciones forzosas. H&r block income tax F Fallecimiento de un contribuyente Aplazamiento de la declaración de una ganancia, Fallecimiento de un contribuyente. H&r block income tax Fines comerciales, propiedad usada en parte para, Propiedad usada en parte para fines comerciales y en parte para fines personales. H&r block income tax Fondo de emergencia del empleador en caso de desastre, Fondo de emergencia del empleador en caso de desastre. H&r block income tax Formulario 1040, Anexo A, Bienes de uso personal. H&r block income tax Formulario 1040, Anexo D, Bienes de uso personal. H&r block income tax Formulario 1040X Pérdidas en zonas de desastre, Cómo declarar la pérdida en el Formulario 1040X. H&r block income tax Formulario 4684 Cómo declarar pérdidas y ganancias en bienes de uso personal, Bienes de uso personal. H&r block income tax Fotografías Documentación de la pérdida, Costos de fotografías y tasaciones. H&r block income tax G Ganancias Aplazamiento de, Aplazamiento de la Declaración de una Ganancia, Cómo Aplazar la Declaración de una Ganancia Cómo calcular, Cómo Calcular una Ganancia Cómo declarar, Cómo Comunicarse con la Agencia Federal para el Manejo de Emergencias (FEMA) Cuándo declarar, Si cambia de idea. H&r block income tax Reembolsos, Ganancias por reembolsos. H&r block income tax Gastos afines, Gastos afines. H&r block income tax Gastos imprevistos, Gastos afines. H&r block income tax I Información adicional (see Ayuda con los impuestos) J Jardines, Jardines. H&r block income tax L Límites de la deducción, Límites de la Deducción Límites de la Deducción Regla de los $100, Regla de los $100 Regla del 10%, Regla del 10% Regla del 2%, Regla del 2% N Niños desaparecidos, fotografías de, Recordatorios P Pagos calificados para mitigación de desastres, Pagos calificados para mitigación de desastres. H&r block income tax Pagos del seguro por gastos de manutención, Pagos del seguro por gastos de manutención. H&r block income tax Paneles de Yeso (Drywall) Corrosivos, Procedimiento Especial Correspondiente a Daños Ocasionados por Paneles de Yeso (Drywall) Corrosivos Pérdida de inventario, Pérdida de inventario. H&r block income tax Pérdidas en zonas de desastre, Pérdida de inventario por desastre. H&r block income tax Pérdida de madera en pie, Pérdida de madera en pie. H&r block income tax Pérdidas Calcular la cantidad (see Cómo calcular una pérdida) Cómo declarar, Cómo Comunicarse con la Agencia Federal para el Manejo de Emergencias (FEMA) Comprobación de las, Recuperación de pérdida deducida. H&r block income tax Cuándo declarar, Si cambia de idea. H&r block income tax (Tabla 3), Tabla 3. H&r block income tax Cuándo deducir una pérdida por hecho fortuito o robo Depósitos monetarios (see Pérdidas de depósitos) Documentación de, Comprobación de las pérdidas por robo. H&r block income tax Hecho Fortuito (see Pérdidas por hecho fortuito) Robo (see Pérdidas por robo) Zonas de desastre (see Pérdidas en zonas de desastre) Pérdidas de Depósitos Declaración de (Tabla 1), Tabla 1. H&r block income tax Cómo Declarar la Pérdida de Depósitos Monetarios Pérdidas de depósitos monetarios, Bienes extraviados o perdidos. H&r block income tax , Tabla 3. H&r block income tax Cuándo deducir una pérdida por hecho fortuito o robo Cuándo declarar, Pérdidas de depósitos monetarios. H&r block income tax Pérdidas deducibles, Pérdidas deducibles. H&r block income tax Pérdidas en Zonas de Desastre Cómo calcular la deducción de pérdidas, Cómo calcular la deducción de pérdidas. H&r block income tax Cómo deducir la pérdida del año anterior, Cómo deducir la pérdida del año anterior. H&r block income tax Cuándo deducir, Cuándo deducir la pérdida. H&r block income tax Tabla 3, Tabla 3. H&r block income tax Cuándo deducir una pérdida por hecho fortuito o robo Declaración en una declaración enmendada, Declaración de pérdida por desastre en declaración de impuestos enmendada. H&r block income tax Desastre declarado por el gobierno federal, Propiedad comercial o de generación de ingresos ubicada en una zona de desastre declarada por el gobierno federal. H&r block income tax , Pérdidas en Zonas de Desastre Documentación, Documentación. H&r block income tax Formulario 1040X, Cómo declarar la pérdida en el Formulario 1040X. H&r block income tax Inventario, Pérdida de inventario por desastre. H&r block income tax Pagos calificados de asistencia en caso de desastre, Pagos calificados de asistencia en caso de desastre. H&r block income tax Pagos calificados para mitigación de desastres, Pagos calificados para mitigación de desastres. H&r block income tax Plazos Tributarios Aplazados, Zona de desastre con cobertura. H&r block income tax Préstamo federal cancelado, Préstamo federal cancelado. H&r block income tax Reglas para vivienda principal, Vivienda principal en zona de desastre. H&r block income tax , Ganancias. H&r block income tax Vivienda inhabitable, Vivienda inhabitable por desastre. H&r block income tax Pérdidas en zonas de desastre, Pérdida del inquilino. H&r block income tax Pérdidas no deducibles, Pérdidas no deducibles. H&r block income tax Pérdidas por hecho fortuito, Tabla 3. H&r block income tax Cuándo deducir una pérdida por hecho fortuito o robo Comprobación de las, Comprobación de las pérdidas por hecho fortuito. H&r block income tax Cuándo declarar, Pérdidas. H&r block income tax Definición, Hecho Fortuito Depósitos monetarios, pérdidas de, Pérdida ordinaria o por hechos fortuitos. H&r block income tax Deterioro progresivo, Deterioro progresivo. H&r block income tax Pérdidas deducibles, Pérdidas deducibles. H&r block income tax Pérdidas no deducibles, Pérdidas no deducibles. H&r block income tax Registros para el cálculo de, Registros para el cálculo de pérdidas por hecho fortuito y robo. H&r block income tax Pérdidas por robo, Robo Bienes extraviados o perdidos, Bienes extraviados o perdidos. H&r block income tax Comprobación de las, Comprobación de las pérdidas por robo. H&r block income tax Cuándo declarar, Pérdidas. H&r block income tax Cuándo Deducir una Pérdida por Hecho Fortuito (Tabla 3), Tabla 3. H&r block income tax Cuándo deducir una pérdida por hecho fortuito o robo Esquemas de inversión de tipo Ponzi , Pérdidas provenientes de esquemas de inversión de tipo Ponzi (Ponzi-type schemes). H&r block income tax Registros para el cálculo de, Registros para el cálculo de pérdidas por hecho fortuito y robo. H&r block income tax Valor justo de mercado de los bienes robados, Valor justo de mercado de los bienes robados. H&r block income tax Plazo de reposición, Plazo de Reposición Prórroga de, Prórroga. H&r block income tax Plazos Plazos Tributarios Aplazados, Plazos Tributarios Aplazados Plazos Tributarios Aplazados, Plazos Tributarios Aplazados Propiedad alquilada, Propiedad alquilada. H&r block income tax Cuándo declarar, Pérdida del inquilino. H&r block income tax Propiedad comercial o de generación de ingresos, Propiedad comercial o de generación de ingresos. H&r block income tax Propiedad de reposición Base de, Base de la propiedad de reposición. H&r block income tax Vivienda principal, Vivienda principal repuesta. H&r block income tax Publicaciones (see Ayuda con los impuestos) R Reducción de intereses, Reducción de intereses y multas. H&r block income tax Reducción de intereses y multas, Reducción de intereses y multas. H&r block income tax Reducción de multas, Reducción de intereses y multas. H&r block income tax Reembolsos Asistencia en caso de desastre, Asistencia en caso de desastre. H&r block income tax Donaciones en efectivo, Donaciones en efectivo. H&r block income tax Falta de presentación de una solicitud, Falta de presentación de una solicitud de reembolso. H&r block income tax Fondo de emergencia del empleador en caso de desastre, Fondo de emergencia del empleador en caso de desastre. H&r block income tax Recibido después de la deducción de una pérdida, Reembolso Recibido Después de la Deducción de una Pérdida Tipos de, Tipos de Reembolsos Registros para el cálculo de pérdidas por hecho fortuito y robo, Registros para el cálculo de pérdidas por hecho fortuito y robo. H&r block income tax S Seguros, Seguro y Otros Reembolsos Gastos de manutención, pagos del seguro por, Pagos del seguro por gastos de manutención. H&r block income tax Servicio del Defensor del Contribuyente, El Servicio del Defensor del Contribuyente está aquí para ayudarlo a usted. H&r block income tax Servicios gratuitos para los impuestos, Cómo Obtener Ayuda con los Impuestos Subsidios de asistencia en caso de desastre, Asistencia en caso de desastre. H&r block income tax Subsidios estales de asistencia por desastres para empresas, Subsidios estatales de asistencia por desastre para empresas. H&r block income tax Subsidios federales de asistencia en caso de desastre, Subsidios federales de asistencia en caso de desastre. H&r block income tax Sugerencias para la publicación, Comentarios y sugerencias. H&r block income tax T Tablas y figuras Cómo Declarar la Pérdida de Depósitos Monetarios (Tabla 1), Tabla 1. H&r block income tax Cómo Declarar la Pérdida de Depósitos Monetarios Cuándo Deducir una Pérdida por Hecho Fortuito (Tabla 3), Tabla 1. H&r block income tax Cómo Declarar la Pérdida de Depósitos Monetarios , Tabla 3. H&r block income tax Cuándo deducir una pérdida por hecho fortuito o robo Tasaciones, Tasaciones. H&r block income tax , Costos de fotografías y tasaciones. H&r block income tax V Valor justo de mercado Cálculo de la disminución de, Disminución del Valor Justo de Mercado Puntos a no tener en cuenta, Cómo Calcular la Disminución del Valor Justo de Mercado —Puntos a No Tener en Cuenta Puntos a tener en cuenta, Cómo Calcular la Disminución del Valor Justo de Mercado —Puntos a Tener en Cuenta Disminución del valor de mercado de la propiedad en la zona del hecho fortuito o en sus alrededores, Disminución del valor de mercado de la propiedad en la zona del hecho fortuito o en sus alrededores. H&r block income tax Valor sentimental, Valor sentimental. H&r block income tax Prev  Up     Home   More Online Publications
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The H&r Block Income Tax

H&r block income tax Publication 590 - Introductory Material Table of Contents What's New for 2013 What's New for 2014 Reminders IntroductionOrdering forms and publications. H&r block income tax Tax questions. H&r block income tax Useful Items - You may want to see: Note. H&r block income tax After 2013, Publication 590 will be split into two separate publications as follows. H&r block income tax Publication 590-A, will focus on contributions to traditional IRAs as well as Roth IRAs. H&r block income tax This publication will include the rules for rollover and conversion contributions. H&r block income tax Publication 590-B, will focus on distributions from traditional IRAs as well as Roth IRAs. H&r block income tax This publication will include the rules for required minimum distributions and IRA beneficiaries. H&r block income tax What's New for 2013 Traditional IRA contribution and deduction limit. H&r block income tax  The contribution limit to your traditional IRA for 2013 will be increased to the smaller of the following amounts: $5,500, or Your taxable compensation for the year. H&r block income tax If you were age 50 or older before 2014, the most that can be contributed to your traditional IRA for 2013 will be the smaller of the following amounts: $6,500, or Your taxable compensation for the year. H&r block income tax For more information, see How Much Can Be Contributed? in chapter 1. H&r block income tax Roth IRA contribution limit. H&r block income tax  If contributions on your behalf are made only to Roth IRAs, your contribution limit for 2013 will generally be the lesser of: $5,500, or Your taxable compensation for the year. H&r block income tax If you were age 50 or older before 2014 and contributions on your behalf were made only to Roth IRAs, your contribution limit for 2013 will generally be the lesser of: $6,500, or Your taxable compensation for the year. H&r block income tax However, if your modified adjusted gross income (AGI) is above a certain amount, your contribution limit may be reduced. H&r block income tax For more information, see How Much Can Be Contributed? under Can You Contribute to a Roth IRA? in chapter 2. H&r block income tax Modified AGI limit for traditional IRA contributions increased. H&r block income tax  For 2013, if you were covered by a retirement plan at work, your deduction for contributions to a traditional IRA is reduced (phased out) if your modified AGI is: More than $95,000 but less than $115,000 for a married couple filing a joint return or a qualifying widow(er), More than $59,000 but less than $69,000 for a single individual or head of household, or Less than $10,000 for a married individual filing a separate return. H&r block income tax If you either lived with your spouse or file a joint return, and your spouse was covered by a retirement plan at work, but you were not, your deduction is phased out if your modified AGI is more than $178,000 but less than $188,000. H&r block income tax If your modified AGI is $188,000 or more, you cannot take a deduction for contributions to a traditional IRA. H&r block income tax See How Much Can You Deduct? in chapter 1. H&r block income tax Modified AGI limit for Roth IRA contributions increased. H&r block income tax  For 2013, your Roth IRA contribution limit is reduced (phased out) in the following situations. H&r block income tax Your filing status is married filing jointly or qualifying widow(er) and your modified AGI is at least $178,000. H&r block income tax You cannot make a Roth IRA contribution if your modified AGI is $188,000 or more. H&r block income tax Your filing status is single, head of household, or married filing separately and you did not live with your spouse at any time in 2013 and your modified AGI is at least $112,000. H&r block income tax You cannot make a Roth IRA contribution if your modified AGI is $127,000 or more. H&r block income tax Your filing status is married filing separately, you lived with your spouse at any time during the year, and your modified AGI is more than -0-. H&r block income tax You cannot make a Roth IRA contribution if your modified AGI is $10,000 or more. H&r block income tax See Can You Contribute to a Roth IRA? in chapter 2. H&r block income tax Net Investment Income Tax. H&r block income tax  For purposes of the Net Investment Income Tax (NIIT), net investment income does not include distributions from a qualified retirement plan (for example, 401(a), 403(a), 403(b), 457(b) plans, and IRAs). H&r block income tax However, these distributions are taken into account when determining the modified adjusted gross income threshold. H&r block income tax Distributions from a nonqualified retirement plan are included in net investment income. H&r block income tax See Form 8960, Net Investment Income Tax—Individuals, Estates, and Trusts, and its instructions for more information. H&r block income tax Kay Bailey Hutchison Spousal IRA. H&r block income tax . H&r block income tax  In 2013, spousal IRAs were renamed to Kay Bailey Hutchison Spousal IRAs. H&r block income tax There are no changes to the rules regarding these IRAs. H&r block income tax See Kay Bailey Hutchison Spousal IRA Limit in chapter 1 for more information. H&r block income tax What's New for 2014 Modified AGI limit for traditional IRA contributions increased. H&r block income tax  For 2014, if you are covered by a retirement plan at work, your deduction for contributions to a traditional IRA is reduced (phased out) if your modified AGI is: More than $96,000 but less than $116,000 for a married couple filing a joint return or a qualifying widow(er), More than $60,000 but less than $70,000 for a single individual or head of household, or Less than $10,000 for a married individual filing a separate return. H&r block income tax If you either live with your spouse or file a joint return, and your spouse is covered by a retirement plan at work, but you are not, your deduction is phased out if your modified AGI is more than $181,000 but less than $191,000. H&r block income tax If your modified AGI is $191,000 or more, you cannot take a deduction for contributions to a traditional IRA. H&r block income tax Modified AGI limit for Roth IRA contributions increased. H&r block income tax  For 2014, your Roth IRA contribution limit is reduced (phased out) in the following situations. H&r block income tax Your filing status is married filing jointly or qualifying widow(er) and your modified AGI is at least $181,000. H&r block income tax You cannot make a Roth IRA contribution if your modified AGI is $191,000 or more. H&r block income tax Your filing status is single, head of household, or married filing separately and you did not live with your spouse at any time in 2014 and your modified AGI is at least $114,000. H&r block income tax You cannot make a Roth IRA contribution if your modified AGI is $129,000 or more. H&r block income tax Your filing status is married filing separately, you lived with your spouse at any time during the year, and your modified AGI is more than -0-. H&r block income tax You cannot make a Roth IRA contribution if your modified AGI is $10,000 or more. H&r block income tax Reminders Future developments. H&r block income tax  For the latest information about developments related to Publication 590, such as legislation enacted after it was published, go to www. H&r block income tax irs. H&r block income tax gov/pub590. H&r block income tax Simplified employee pension (SEP). H&r block income tax  SEP IRAs are not covered in this publication. H&r block income tax They are covered in Publication 560, Retirement Plans for Small Business. H&r block income tax Deemed IRAs. H&r block income tax  A qualified employer plan (retirement plan) can maintain a separate account or annuity under the plan (a deemed IRA) to receive voluntary employee contributions. H&r block income tax If the separate account or annuity otherwise meets the requirements of an IRA, it will be subject only to IRA rules. H&r block income tax An employee's account can be treated as a traditional IRA or a Roth IRA. H&r block income tax For this purpose, a “qualified employer plan” includes: A qualified pension, profit-sharing, or stock bonus plan (section 401(a) plan), A qualified employee annuity plan (section 403(a) plan), A tax-sheltered annuity plan (section 403(b) plan), and A deferred compensation plan (section 457 plan) maintained by a state, a political subdivision of a state, or an agency or instrumentality of a state or political subdivision of a state. H&r block income tax Contributions to both traditional and Roth IRAs. H&r block income tax  For information on your combined contribution limit if you contribute to both traditional and Roth IRAs, see Roth IRAs and traditional IRAs under How Much Can Be Contributed? in chapter 2. H&r block income tax Statement of required minimum distribution (RMD). H&r block income tax  If an RMD is required from your IRA, the trustee, custodian, or issuer that held the IRA at the end of the preceding year must either report the amount of the RMD to you, or offer to calculate it for you. H&r block income tax The report or offer must include the date by which the amount must be distributed. H&r block income tax The report is due January 31 of the year in which the minimum distribution is required. H&r block income tax It can be provided with the year-end fair market value statement that you normally get each year. H&r block income tax No report is required for section 403(b) contracts (generally tax-sheltered annuities) or for IRAs of owners who have died. H&r block income tax IRA interest. H&r block income tax  Although interest earned from your IRA is generally not taxed in the year earned, it is not tax-exempt interest. H&r block income tax Tax on your traditional IRA is generally deferred until you take a distribution. H&r block income tax Do not report this interest on your return as tax-exempt interest. H&r block income tax For more information on tax-exempt interest, see the instructions for your tax return. H&r block income tax Photographs of missing children. H&r block income tax  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. H&r block income tax Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. H&r block income tax You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. H&r block income tax Introduction This publication discusses individual retirement arrangements (IRAs). H&r block income tax An IRA is a personal savings plan that gives you tax advantages for setting aside money for retirement. H&r block income tax What are some tax advantages of an IRA?   Two tax advantages of an IRA are that: Contributions you make to an IRA may be fully or partially deductible, depending on which type of IRA you have and on your circumstances, and Generally, amounts in your IRA (including earnings and gains) are not taxed until distributed. H&r block income tax In some cases, amounts are not taxed at all if distributed according to the rules. H&r block income tax What's in this publication?   This publication discusses traditional, Roth, and SIMPLE IRAs. H&r block income tax It explains the rules for: Setting up an IRA, Contributing to an IRA, Transferring money or property to and from an IRA, Handling an inherited IRA, Receiving distributions (making withdrawals) from an IRA, and Taking a credit for contributions to an IRA. H&r block income tax   It also explains the penalties and additional taxes that apply when the rules are not followed. H&r block income tax To assist you in complying with the tax rules for IRAs, this publication contains worksheets, sample forms, and tables, which can be found throughout the publication and in the appendices at the back of the publication. H&r block income tax How to use this publication. H&r block income tax   The rules that you must follow depend on which type of IRA you have. H&r block income tax Use Table I-1 to help you determine which parts of this publication to read. H&r block income tax Also use Table I-1 if you were referred to this publication from instructions to a form. H&r block income tax Comments and suggestions. H&r block income tax   We welcome your comments about this publication and your suggestions for future editions. H&r block income tax   You can write to us at the following address: Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. H&r block income tax NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. H&r block income tax Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. H&r block income tax   You can send your comments from www. H&r block income tax irs. H&r block income tax gov/formspubs/. H&r block income tax Click on “More Information” and then on “Comment on Tax Forms and Publications”. H&r block income tax   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. H&r block income tax Ordering forms and publications. H&r block income tax   Visit www. H&r block income tax irs. H&r block income tax gov/formspubs/ to download forms and publications, call 1-800-TAX-FORM (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. H&r block income tax Internal Revenue Service 1201 N. H&r block income tax Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. H&r block income tax   If you have a tax question, check the information available on IRS. H&r block income tax gov or call 1-800-829-1040. H&r block income tax We cannot answer tax questions sent to either of the above addresses. H&r block income tax Useful Items - You may want to see: Publications 560 Retirement Plans for Small Business (SEP, SIMPLE, and Qualified Plans) 571 Tax-Sheltered Annuity Plans (403(b) Plans) 575 Pension and Annuity Income 939 General Rule for Pensions and Annuities Forms (and instructions) W-4P Withholding Certificate for Pension or Annuity Payments 1099-R Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. H&r block income tax 5304-SIMPLE Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)–Not for Use With a Designated Financial Institution 5305-S SIMPLE Individual Retirement Trust Account 5305-SA SIMPLE Individual Retirement Custodial Account 5305-SIMPLE Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)–for Use With a Designated Financial Institution 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts 5498 IRA Contribution Information 8606 Nondeductible IRAs 8815 Exclusion of Interest From Series EE and I U. H&r block income tax S. H&r block income tax Savings Bonds Issued After 1989 8839 Qualified Adoption Expenses 8880 Credit for Qualified Retirement Savings Contributions See chapter 5 for information about getting these publications and forms. H&r block income tax Table I-1. H&r block income tax Using This Publication IF you need information on . H&r block income tax . H&r block income tax . H&r block income tax THEN see . H&r block income tax . H&r block income tax . H&r block income tax traditional IRAs chapter 1. H&r block income tax Roth IRAs chapter 2, and parts of  chapter 1. H&r block income tax SIMPLE IRAs chapter 3. H&r block income tax the credit for qualified retirement savings contributions (the saver's credit) chapter 4. H&r block income tax how to keep a record of your contributions to, and distributions from, your traditional IRA(s) appendix A. H&r block income tax SEP IRAs and 401(k) plans Publication 560. H&r block income tax Coverdell education savings accounts (formerly called education IRAs) Publication 970. H&r block income tax IF for 2013, you received social security benefits, had taxable compensation, contributed to a traditional IRA, and you or your spouse was covered by an employer retirement plan, and you want to. H&r block income tax . H&r block income tax . H&r block income tax THEN see . H&r block income tax . H&r block income tax . H&r block income tax first figure your modified adjusted gross income (AGI) appendix B, worksheet 1. H&r block income tax then figure how much of your traditional IRA contribution you can deduct appendix B, worksheet 2. H&r block income tax and finally figure how much of your social security is taxable appendix B, worksheet 3. H&r block income tax Table I-2. H&r block income tax How Are a Traditional IRA and a Roth IRA Different? This table shows the differences between traditional and Roth IRAs. H&r block income tax Answers in the middle column apply to traditional IRAs. H&r block income tax Answers in the right column apply to Roth IRAs. H&r block income tax Question Answer   Traditional IRA? Roth IRA? Is there an age limit on when I can open and contribute to a Yes. H&r block income tax You must not have reached age  70½ by the end of the year. H&r block income tax See Who Can Open a Traditional IRA? in chapter 1. H&r block income tax No. H&r block income tax You can be any age. H&r block income tax See Can You Contribute to a Roth IRA? in chapter 2. H&r block income tax If I earned more than $5,500 in 2013 ($6,500 if I was 50 or older by the end of 2013), is there a limit on how much I can contribute to a Yes. H&r block income tax For 2013, you can contribute to a traditional IRA up to: $5,500, or $6,500 if you were age 50 or older by the end of 2013. H&r block income tax  There is no upper limit on how much you can earn and still contribute. H&r block income tax See How Much Can Be Contributed? in chapter 1. H&r block income tax Yes. H&r block income tax For 2013, you may be able to contribute to a Roth IRA up to: $5,500, or $6,500 if you were age 50 or older by the end of 2013,  but the amount you can contribute may be less than that depending on your income, filing status, and if you contribute to another IRA. H&r block income tax See How Much Can Be Contributed? and Table 2-1 in chapter 2. H&r block income tax Can I deduct contributions to a Yes. H&r block income tax You may be able to deduct your contributions to a traditional IRA depending on your income, filing status, whether you are covered by a retirement plan at work, and whether you receive social security benefits. H&r block income tax See How Much Can You Deduct? in chapter 1. H&r block income tax No. H&r block income tax You can never deduct contributions to a Roth IRA. H&r block income tax See What Is a Roth IRA? in chapter 2. H&r block income tax Do I have to file a form just because I contribute to a Not unless you make nondeductible contributions to your traditional IRA. H&r block income tax In that case, you must file Form 8606. H&r block income tax See Nondeductible Contributions in chapter 1. H&r block income tax No. H&r block income tax You do not have to file a form if you contribute to a Roth IRA. H&r block income tax See Contributions not reported in chapter 2. H&r block income tax Do I have to start taking distributions when I reach a certain age from a Yes. H&r block income tax You must begin receiving required minimum distributions by April 1 of the year following the year you reach age 70½. H&r block income tax See When Must You Withdraw Assets? (Required Minimum Distributions) in chapter 1. H&r block income tax No. H&r block income tax If you are the original owner of a Roth IRA, you do not have to take distributions regardless of your age. H&r block income tax See Are Distributions Taxable? in chapter 2. H&r block income tax However, if you are the beneficiary of a Roth IRA, you may have to take distributions. H&r block income tax See Distributions After Owner's Death in chapter 2. H&r block income tax How are distributions taxed from a Distributions from a traditional IRA are taxed as ordinary income, but if you made nondeductible contributions, not all of the distribution is taxable. H&r block income tax See Are Distributions Taxable? in chapter 1. H&r block income tax Distributions from a Roth IRA are not taxed as long as you meet certain criteria. H&r block income tax See Are Distributions Taxable? in chapter 2. H&r block income tax Do I have to file a form just because I receive distributions from a Not unless you have ever made a nondeductible contribution to a traditional IRA. H&r block income tax If you have, file Form 8606. H&r block income tax See Nondeductible Contributions in chapter 1. H&r block income tax Yes. H&r block income tax File Form 8606 if you received distributions from a Roth IRA (other than a rollover, qualified charitable distribution, one-time distribution to fund an HSA, recharacterization, certain qualified distributions, or a return of certain contributions). H&r block income tax Prev  Up  Next   Home   More Online Publications