Filing Your Taxes Online is Fast, Easy and Secure.
Start now and receive your tax refund in as little as 7 days.

1. Get Answers

Your online questions are customized to your unique tax situation.

2. Maximize your Refund

Find tax credits for everything from school tuition to buying a hybri

3. E-File for FREE

E-file free with direct deposit to get your refund in as few as 7 days.

Filing your taxes with paper mail can be difficult and it could take weeks for your refund to arrive. IRS e-file is easy, fast and secure. There is no paperwork going to the IRS so tax refunds can be processed in as little as 7 days with direct deposit. As you prepare your taxes online, you can see your tax refund in real time.

FREE audit support and representation from an enrolled agent – NEW and only from H&R Block

How To Do Your Taxes

Free State And Federal E FileIrs Instructions 1040Federal Ez Form1040ez E-fileFederal Tax Form 2012 EzIrs FormsFree File Taxes 20112011 1040 Ez Tax FormsForm 1040 V Payment VoucherIncome Tax Return FilingOregon Tax Return Form 1040ezFiling Taxes As A College Student2009 Tax Forms DownloadFree Irs FormsNeed Help Filing A 1040xAmend 2011 Tax Return OnlineTaxslayer LoginState Income Tax Forms 2011Download 1040x FormHow Can I File My 2010 Taxes For FreeEfile State Taxes Free2009 Federal Tax Form 10402010 1040 Tax FormH R BlockIrs Filing Deadline2010 Tax Return FormFile Federal And State Income Tax For FreeIrs Tax Forms 2009Www Freefilefillableforms Com Ffa Freefileforms HtmI Need To Amend My TaxesMyfreetax.comAmend 2009 Tax Return OnlineFiling/late Taxes For 2012Hr Block Free Tax Filing2012 Ez Tax Form1040 Ez Form 2011How To File Taxes On UnemploymentFree Tax Software OnlineH And R Block File For FreeHelp Filling Out 1040x Form

How To Do Your Taxes

How to do your taxes 4. How to do your taxes   Filing U. How to do your taxes S. How to do your taxes Tax Returns Table of Contents Who Must FileFiling Requirement if Possession Income Is Excluded When To FileExtension of Time To File Where To File Special Rules for Completing Your U. How to do your taxes S. How to do your taxes Tax ReturnU. How to do your taxes S. How to do your taxes Armed Forces. How to do your taxes Deductions if Possession Income Is Excluded Foreign Tax Credit if Possession Income Is Excluded Self-Employment Tax Additional Medicare Tax Net Investment Income Tax Paying Your TaxesEstimated Tax Double TaxationCompetent Authority Assistance The information in chapter 3 will tell you if a U. How to do your taxes S. How to do your taxes income tax return is required for your situation. How to do your taxes If a U. How to do your taxes S. How to do your taxes return is required, your next step is to see if you meet the filing requirements. How to do your taxes If you do meet the filing requirements, the information presented in this chapter will help you understand the special procedures involved. How to do your taxes This chapter discusses: Filing requirements, When to file your return, Where to send your return, How to adjust your deductions and credits if you are excluding income from American Samoa or Puerto Rico, How to make estimated tax payments and pay self-employment tax, and How to request assistance in resolving instances of double taxation. How to do your taxes Who Must File If you are not required to file a possession tax return that includes your worldwide income, you must generally file a U. How to do your taxes S. How to do your taxes income tax return if your gross income is at least the amount shown in Table 4-1, later, for your filing status and age. How to do your taxes If you were a bona fide resident of American Samoa or Puerto Rico and are able to exclude your possession income from your U. How to do your taxes S. How to do your taxes tax return, your filing requirement may be less than the amount in Table 4-1. How to do your taxes For details, see the information under Filing Requirement if Possession Income Is Excluded , later. How to do your taxes Some individuals (such as those who can be claimed as a dependent on another person's return or who owe certain taxes, such as self-employment tax) must file a tax return even though the gross income is less than the amount shown in Table 4-1 for their filing status and age. How to do your taxes For more information, see the Form 1040 instructions. How to do your taxes Filing Requirement if Possession Income Is Excluded If you were a bona fide resident of American Samoa or Puerto Rico and qualify to exclude possession income on your U. How to do your taxes S. How to do your taxes tax return, you must determine your adjusted filing requirement. How to do your taxes Generally, your filing requirement is based on the total of your (and your spouse's if filing a joint return) personal exemption(s) plus your standard deduction. How to do your taxes Personal exemption. How to do your taxes   When figuring your filing requirement, your personal exemption is allowed in full. How to do your taxes Do not reduce it for this purpose. How to do your taxes Do not include exemptions for your dependents. How to do your taxes Allowable standard deduction. How to do your taxes   Unless your filing status is married filing separately, the minimum income level at which you must file a return is based, in part, on the standard deduction for your filing status and age. How to do your taxes Because the standard deduction applies to all types of income, it must be divided between your excluded income and income from other sources. How to do your taxes Multiply the regular standard deduction for your filing status and age (this is zero if you are married filing a separate return; all others, see Form 1040 instructions) by the following fraction:      Gross income subject to U. How to do your taxes S. How to do your taxes income tax     Gross income from all sources (including excluded possession income)   Example. How to do your taxes Barbara Spruce, a U. How to do your taxes S. How to do your taxes citizen, is single, under 65, and a bona fide resident of American Samoa. How to do your taxes During 2013, she received $20,000 of income from American Samoa sources (qualifies for exclusion) and $8,000 of income from sources outside the possession (subject to U. How to do your taxes S. How to do your taxes income tax). How to do your taxes Her allowable standard deduction for 2013 is figured as follows:   $8,000 $28,000 × $6,100 (regular standard deduction) = $1,743   Adjusted filing requirement. How to do your taxes   Figure your adjusted filing requirement by adding the amount of your allowable standard deduction to the amount of your personal exemption. How to do your taxes You must file a U. How to do your taxes S. How to do your taxes income tax return if your gross income is at least the amount shown on line 3 of the following worksheet. How to do your taxes    1. How to do your taxes Enter the allowable standard deduction you figured earlier under Allowable standard deduction . How to do your taxes If your filing status is married filing separately, enter -0-   2. How to do your taxes Personal exemption. How to do your taxes If your filing status is married filing jointly, enter $7,800; if someone can claim you as a dependent, enter -0-; otherwise, enter $3,900   3. How to do your taxes Add lines 1 and 2. How to do your taxes You must file a U. How to do your taxes S. How to do your taxes income tax return if your gross income from sources outside the relevant possession is at least this amount   Table 4-1. How to do your taxes 2013 Filing Requirements Chart for Most Taxpayers IF your filing status is. How to do your taxes . How to do your taxes . How to do your taxes AND at the end of 2013 you were*. How to do your taxes . How to do your taxes . How to do your taxes THEN file a return if your gross income** was at least. How to do your taxes . How to do your taxes . How to do your taxes single under 65 $10,000 65 or older $11,500 married filing jointly*** under 65 (both spouses) $20,000 65 or older (one spouse) $21,200 65 or older (both spouses) $22,400 married filing separately any age $3,900 head of household under 65 $12,850 65 or older $14,350 qualifying widow(er)  with dependent child under 65 $16,100 65 or older $17,300 * If you were born on January 1, 1949, you are considered to be age 65 at the end of 2013. How to do your taxes ** Gross income means all income you received in the form of money, goods, property, and services that is not exempt from tax, including any income from sources outside the United States (even if you can exclude part or all of it). How to do your taxes Do not include social security benefits unless (a) you are married filing a separate return and you lived with your spouse at any time during 2013, or (b) one-half of your social security benefits plus your other gross income is more than $25,000 ($32,000 if married filing jointly). How to do your taxes If (a) or (b) applies, see the instructions for Form 1040 or Publication 915, Social Security and Equivalent Railroad Retirement Benefits, to figure the taxable part of social security benefits you must include in gross income. How to do your taxes *** If you did not live with your spouse at the end of 2013 (or on the date your spouse died) and your gross income was at least $3,900 you must file a return regardless of your age. How to do your taxes Example 1. How to do your taxes James and Joan Thompson, one over 65, are U. How to do your taxes S. How to do your taxes citizens and bona fide residents of Puerto Rico during the entire tax year. How to do your taxes They file a joint income tax return. How to do your taxes During 2013, they received $35,000 of income from Puerto Rico sources (qualifies for exclusion) and $6,000 of income from sources outside Puerto Rico (subject to U. How to do your taxes S. How to do your taxes income tax). How to do your taxes Their allowable standard deduction for 2013 is figured as follows:   $6,000 $41,000 × $13,400 ( standard deduction for 65 or older (one spouse) ) = $1,961   The Thompsons do not have to file a U. How to do your taxes S. How to do your taxes income tax return because their gross income subject to U. How to do your taxes S. How to do your taxes tax ($6,000) is less than their allowable standard deduction plus their personal exemptions ($1,961+ $7,800= $9,761). How to do your taxes Example 2. How to do your taxes Barbara Spruce (see Example under Allowable standard deduction, earlier), however, must file a U. How to do your taxes S. How to do your taxes income tax return because her gross income subject to U. How to do your taxes S. How to do your taxes tax ($8,000) is more than her allowable standard deduction plus her personal exemption ($1,743 + $3,900 = $5,643). How to do your taxes If you must file a U. How to do your taxes S. How to do your taxes income tax return, you may be able to file a paperless return using IRS e-file. How to do your taxes See your form instructions or visit our website at IRS. How to do your taxes gov. How to do your taxes When To File If you file on a calendar year basis, the due date for filing your U. How to do your taxes S. How to do your taxes income tax return is April 15 following the end of your tax year. How to do your taxes If you use a fiscal year (a year ending on the last day of a month other than December), the due date is the 15th day of the 4th month after the end of your fiscal year. How to do your taxes If any due date falls on a Saturday, Sunday, or legal holiday, your tax return is due on the next business day. How to do your taxes For your 2013 tax return, the due date is April 15, 2014. How to do your taxes If you mail your federal tax return, it is considered timely if it bears an official postmark dated on or before the due date, including any extensions. How to do your taxes If you use a private delivery service designated by the IRS, generally the postmark date is the date the private delivery service records in its database or marks on the mailing label. How to do your taxes See your form instructions for a list of designated private delivery services. How to do your taxes Extension of Time To File You can get an extension of time to file your U. How to do your taxes S. How to do your taxes income tax return. How to do your taxes Special rules apply for those living outside the United States. How to do your taxes Automatic 6-Month Extension If you cannot file your 2013 return by the due date, you can get an automatic 6-month extension of time to file. How to do your taxes Example. How to do your taxes If your return must be filed by April 15, 2014, you will have until October 15, 2014, to file. How to do your taxes Although you are not required to make a payment of the tax you estimate as due, Form 4868 does not extend the time to pay taxes. How to do your taxes If you do not pay the amount due by the regular due date (generally April 15), you will owe interest on any unpaid tax from the original due date to the date you pay the tax. How to do your taxes You may also be charged penalties (see the Instructions for Form 4868). How to do your taxes How to get the automatic extension. How to do your taxes   You can get the automatic 6-month extension if you do one of the following by the due date for filing your return. How to do your taxes E-file Form 4868 using your personal computer or a tax professional. How to do your taxes E-file and pay by credit or debit card. How to do your taxes Your payment must be at least $1. How to do your taxes You may pay by phone or over the Internet. How to do your taxes Do not file Form 4868. How to do your taxes File a paper Form 4868. How to do your taxes If you are a fiscal year taxpayer, you must file a paper Form 4868. How to do your taxes See Form 4868 for information on getting an extension using these options. How to do your taxes When to file. How to do your taxes   You must request the automatic extension by the due date for your return. How to do your taxes You can file your return any time before the 6-month extension period ends. How to do your taxes When you file your return. How to do your taxes   Enter any payment you made related to the extension of time to file on Form 1040, line 68. How to do your taxes If you file Form 1040A, U. How to do your taxes S. How to do your taxes Individual Income Tax Return, or Form 1040EZ, Income Tax Return for Single and Joint Filers With No Dependents, include that payment in your total payments on Form 1040A, line 41, or Form 1040EZ, line 9. How to do your taxes Also enter “Form 4868” and the amount paid in the space to the left of the entry space for line 41 or line 9. How to do your taxes You cannot ask the Internal Revenue Service to figure your tax if you use the extension of time to file. How to do your taxes Individuals Outside the United States and Puerto Rico You are allowed an automatic 2-month extension (until June 16, 2014, if you use the calendar year) to file your 2013 return and pay any federal income tax due if: You are a U. How to do your taxes S. How to do your taxes citizen or resident, and On the due date of your return: You are living outside of the United States and Puerto Rico, and your main place of business or post of duty is outside the United States and Puerto Rico, or You are in military or naval service on duty outside the United States and Puerto Rico. How to do your taxes However, if you pay the tax due after the regular due date (generally April 15), interest will be charged from April 15 until the date the tax is paid. How to do your taxes If you serve in a combat zone or qualified hazardous duty area, you may be eligible for a longer extension of time to file. How to do your taxes For more information, see Publication 3, Armed Forces' Tax Guide. How to do your taxes Married taxpayers. How to do your taxes   If you file a joint return, only one spouse has to qualify for this automatic extension. How to do your taxes However, if you and your spouse file separate returns, this automatic extension applies only to the spouse who qualifies. How to do your taxes How to get the extension. How to do your taxes   To use this special automatic extension, you must attach a statement to your return explaining what situation qualified you for the extension. How to do your taxes (See the situations listed under (2), earlier. How to do your taxes ) Extension beyond 2 months. How to do your taxes   If you cannot file your 2013 return within the automatic 2-month extension period, you can get an additional 4-month extension, for a total of 6 months. How to do your taxes File Form 4868 by the end of the automatic extension period (June 16, 2014 for calendar year taxpayers). How to do your taxes Be sure to check the box on Form 4868, line 8, if appropriate. How to do your taxes   In addition to this 6-month extension, taxpayers who are out of the country (as defined under (2) earlier) can request a discretionary 2-month additional extension of time to file their returns (to December 15 for calendar year taxpayers). How to do your taxes   To request this extension, you must send the IRS a letter explaining the reasons why you need the additional 2 months. How to do your taxes Send the letter by the extended due date (October 15 for calendar year taxpayers) to:  Department of the Treasury Internal Revenue Service Austin, TX 73301-0215 USA   You will not receive any notification from the IRS unless your request is denied for being untimely. How to do your taxes Where To File Use the addresses listed below if you have to file Form 1040 with the United States and you are excluding possession income from American Samoa or Puerto Rico. How to do your taxes If you are not including a check or a money order, send your U. How to do your taxes S. How to do your taxes tax return and all attachments to:   Department of the Treasury Internal Revenue Service Austin, TX 73301-0215 USA If you are including a check or a money order, send your U. How to do your taxes S. How to do your taxes tax return and all attachments to:  Internal Revenue Service P. How to do your taxes O. How to do your taxes Box 1303 Charlotte, NC 28201-1303 USA Also send your U. How to do your taxes S. How to do your taxes return to these addresses if you are attaching Form 5074 or Form 8689. How to do your taxes If you are not in either of the above categories, send your return to the address shown in the Form 1040 instructions for the possession or state in which you reside. How to do your taxes Special Rules for Completing Your U. How to do your taxes S. How to do your taxes Tax Return If you are not excluding possession income from your U. How to do your taxes S. How to do your taxes tax return, follow the instructions for the specific forms you file. How to do your taxes However, you may not qualify to claim the earned income credit (EIC). How to do your taxes Earned income credit. How to do your taxes   Even if you maintain a household in one of the possessions discussed in this publication that is your main home and the home of your qualifying child, you cannot claim the earned income credit on your U. How to do your taxes S. How to do your taxes tax return. How to do your taxes This credit is available only if you maintain the household in the United States or you are serving on extended active duty in the U. How to do your taxes S. How to do your taxes Armed Forces. How to do your taxes U. How to do your taxes S. How to do your taxes Armed Forces. How to do your taxes   U. How to do your taxes S. How to do your taxes military personnel stationed outside the United States on extended active duty are considered to live in the United States during that duty period for purposes of the EIC. How to do your taxes Extended active duty means you are called or ordered to duty for an indefinite period or for a period of more than 90 days. How to do your taxes Once you begin serving your extended active duty, you are still considered to have been on extended active duty even if you do not serve more than 90 days. How to do your taxes Income from American Samoa or Puerto Rico excluded. How to do your taxes   You will not be allowed to take deductions and credits that apply to the excluded income. How to do your taxes The additional information you need follows. How to do your taxes Deductions if Possession Income Is Excluded Deductions that specifically apply to your excluded possession income, such as employee business expenses, are not allowable on your U. How to do your taxes S. How to do your taxes income tax return. How to do your taxes Deductions that do not specifically apply to any particular type of income must be divided between your excluded income from sources in the relevant possession and income from all other sources to find the part that you can deduct on your U. How to do your taxes S. How to do your taxes tax return. How to do your taxes Examples of such deductions are alimony payments, the standard deduction, and certain itemized deductions (such as medical expenses, charitable contributions, real estate taxes, and mortgage interest on your home). How to do your taxes Figuring the deduction. How to do your taxes   To find the part of a deduction that is allowable, multiply the deduction by the following fraction. How to do your taxes   Gross income subject to U. How to do your taxes S. How to do your taxes income tax     Gross income from all sources (including excluded possession income)   Adjustments to Income Your adjusted gross income equals your gross income minus certain deductions (adjustments). How to do your taxes Moving expense deduction. How to do your taxes   Generally, expenses of a move to a possession are directly attributable to wages, salaries, and other earned income from that possession. How to do your taxes Likewise, the expenses of a move back to the United States are generally attributable to U. How to do your taxes S. How to do your taxes earned income. How to do your taxes   If you are claiming expenses for a move to a relevant possession, how and where you will deduct the expenses depends on your status as a bona fide resident and if any of your possession income is excluded on your U. How to do your taxes S. How to do your taxes tax return. How to do your taxes For more information, see Moving expense deduction in chapter 3 under the name of the relevant possession. How to do your taxes   If you are claiming expenses for a move from a U. How to do your taxes S. How to do your taxes possession to the United States, use Form 3903 to figure your deductible expenses and enter the amount on Form 1040, line 26. How to do your taxes For purposes of deducting moving expenses, the possessions are considered part of the United States. How to do your taxes See Publication 521, Moving Expenses, for information about what expenses are deductible. How to do your taxes Self-employment tax deduction. How to do your taxes   Generally, if you are reporting self-employment income on your U. How to do your taxes S. How to do your taxes return, you can include the deductible part of your self-employment tax on Form 1040, line 27. How to do your taxes This is an income tax deduction only; it is not a deduction in figuring net earnings from self-employment (for self-employment tax). How to do your taxes   However, if you are a bona fide resident of American Samoa or Puerto Rico and you exclude all of your self-employment income from gross income, you cannot take the deduction on Form 1040, line 27, because the deduction is related to excluded income. How to do your taxes   If only part of your self-employment income is excluded, the part of the deduction that is based on the nonexcluded income is allowed. How to do your taxes This would happen if, for instance, you have two businesses and only the income from one of them is excludable. How to do your taxes   For purposes of the deduction only, figure the self-employment tax on the nonexcluded income by multiplying your total self-employment tax (from Schedule SE (Form 1040)), Self-Employment Tax) by the following fraction. How to do your taxes   Self-employment income subject to U. How to do your taxes S. How to do your taxes income tax     Total self-employment income (including excluded possession income)   The result is your self-employment tax on nonexcluded income. How to do your taxes Include the deductible part of this amount on Form 1040, line 27. How to do your taxes Individual retirement arrangement (IRA) deduction. How to do your taxes   Do not take excluded income into account when figuring your deductible IRA contribution. How to do your taxes Standard Deduction The standard deduction is composed of the regular standard deduction amount and the additional standard deduction for taxpayers who are blind or age 65 or over. How to do your taxes To find the amount you can claim on Form 1040, line 40, first figure your full standard deduction according to the Instructions for Form 1040. How to do your taxes Then multiply your full standard deduction by the following fraction. How to do your taxes   Gross income subject to U. How to do your taxes S. How to do your taxes income tax     Gross income from all sources (including excluded possession income)   In the space above line 40, enter “Standard deduction modified due to income excluded under section 931 (if American Samoa) or section 933 (if Puerto Rico). How to do your taxes ” This calculation may not be the same as the one you used to determine if you need to file a U. How to do your taxes S. How to do your taxes tax return. How to do your taxes Itemized Deductions Most itemized deductions do not apply to a particular type of income. How to do your taxes However, itemized deductions can be divided into three categories. How to do your taxes Those that apply specifically to excluded income, such as employee business expenses, are not deductible. How to do your taxes Those that apply specifically to income subject to U. How to do your taxes S. How to do your taxes income tax, which might also be employee business expenses, are fully allowable under the Instructions for Schedule A (Form 1040), Itemized Deductions. How to do your taxes Those that do not apply to specific income must be allocated between your gross income subject to U. How to do your taxes S. How to do your taxes income tax and your total gross income from all sources. How to do your taxes The example given later shows how to figure the deductible part of each type of expense that is not related to specific income. How to do your taxes Example. How to do your taxes In 2013, you and your spouse are both under 65 and U. How to do your taxes S. How to do your taxes citizens who are bona fide residents of Puerto Rico during the entire tax year. How to do your taxes You file a joint income tax return. How to do your taxes During 2013, you earned $20,000 from Puerto Rican sources (excluded from U. How to do your taxes S. How to do your taxes gross income) and your spouse earned $60,000 from the U. How to do your taxes S. How to do your taxes Government. How to do your taxes You have $16,000 of itemized deductions that do not apply to any specific type of income. How to do your taxes These are medical expenses of $4,000, real estate taxes of $5,000, home mortgage interest of $6,000, and charitable contributions of $1,000 (cash contributions). How to do your taxes You determine the amount of each deduction that you can claim on your Schedule A (Form 1040), Itemized Deductions, by multiplying the deduction by the fraction shown under Figuring the deduction , earlier under Deductions if Possession Income is Excluded. How to do your taxes   Medical Expenses   $60,000$80,000 × $4,000 = $3,000  (enter on line 1  of Schedule A)     Real Estate Taxes   $60,000$80,000 × $5,000 = $3,750  (enter on line 6  of Schedule A)     Home Mortgage Interest   $60,000$80,000 × $6,000 = $4,500  (enter on line 10 or 11 of  Schedule A)     Charitable Contributions (cash contributions)   $60,000$80,000 × $1,000 = $750  (enter on line 16 of Schedule A)   Enter on Schedule A (Form 1040) only the allowable portion of each deduction. How to do your taxes Overall limitation on itemized deductions. How to do your taxes   If your adjusted gross income (discussed earlier) is over $300,000 if married filing jointly or qualifying widow(er); $275,000 if head of household; $250,000 if single; or $150,000 if married filing separately; see the Itemized Deductions Worksheet in the Instructions for Schedule A (Form 1040), to figure your itemized deductions. How to do your taxes Personal Exemptions Personal exemptions are allowed in full even if excluding possession income. How to do your taxes However, depending upon your adjusted gross income and filing status, the amount you can deduct may be reduced. How to do your taxes See the Deduction for Exemptions Worksheet—Line 42 in the instructions for Form 1040. How to do your taxes Foreign Tax Credit if Possession Income Is Excluded If you must report American Samoa or Puerto Rico source income on your U. How to do your taxes S. How to do your taxes tax return, you can claim a foreign tax credit for income taxes paid to the possession on that income. How to do your taxes However, you cannot claim a foreign tax credit for taxes paid on possession income that is excluded on your U. How to do your taxes S. How to do your taxes tax return. How to do your taxes The foreign tax credit is generally figured on Form 1116. How to do your taxes If you have income, such as U. How to do your taxes S. How to do your taxes Government wages, that is not excludable, and you also have possession source income that is excludable, you must figure the credit by reducing your foreign taxes paid or accrued by the taxes based on the excluded income. How to do your taxes You make this reduction for each separate income category. How to do your taxes To find the amount of this reduction, use the following formula for each income category. How to do your taxes Excluded income from possession sources less deductible expenses based on that income x Tax paid or accrued to the possession = Reduction in foreign taxes Total income subject to possession tax less deductible expenses based on that income Enter the amount of the reduction on Form 1116, line 12. How to do your taxes For more information on the foreign tax credit, see Publication 514. How to do your taxes Example. How to do your taxes Jason and Lynn Reddy are U. How to do your taxes S. How to do your taxes citizens who were bona fide residents of Puerto Rico during all of 2013. How to do your taxes They file a joint tax return. How to do your taxes The following table shows their excludable and taxable income for U. How to do your taxes S. How to do your taxes federal income tax purposes. How to do your taxes   Taxable   Excludable Jason's wages from  U. How to do your taxes S. How to do your taxes Government $25,000     Lynn's wages from Puerto Rico  corp. How to do your taxes     $15,000 Dividend from Puerto Rico corp. How to do your taxes doing business in Puerto Rico     200 Dividend from U. How to do your taxes S. How to do your taxes  corp. How to do your taxes doing business  in U. How to do your taxes S. How to do your taxes * 1,000     Totals $26,000   $15,200 * Income from sources outside Puerto Rico is taxable. How to do your taxes   Jason and Lynn must file 2013 income tax returns with both Puerto Rico and the United States. How to do your taxes They have gross income of $26,000 for U. How to do your taxes S. How to do your taxes tax purposes. How to do your taxes They paid taxes to Puerto Rico of $4,000 ($3,980 on their wages and $20 on the dividend from the Puerto Rico corporation). How to do your taxes They figure their foreign tax credit on two Forms 1116, which they must attach to their U. How to do your taxes S. How to do your taxes return. How to do your taxes They fill out one Form 1116 for wages and one Form 1116 for the dividend. How to do your taxes Jason and Lynn figure the Puerto Rico taxes on excluded income as follows. How to do your taxes   Wages: ($15,000 ÷ $40,000) × $3,980 = $1,493   Dividend: ($200 ÷ $200) × $20 = $20 They enter $1,493 on Form 1116, line 12, for wages and $20 on the second Form 1116, line 12, for the dividend. How to do your taxes Self-Employment Tax Self-employment tax includes both social security and Medicare taxes for individuals who are self-employed. How to do your taxes A U. How to do your taxes S. How to do your taxes citizen or resident alien who is self-employed must pay self-employment tax on net self-employment earnings of $400 or more. How to do your taxes This rule applies whether or not the earnings are excludable from gross income (or whether or not a U. How to do your taxes S. How to do your taxes income tax return must otherwise be filed). How to do your taxes Bona fide residents of the possessions discussed in this publication are considered U. How to do your taxes S. How to do your taxes residents for this purpose and are subject to the self-employment tax. How to do your taxes Forms to file. How to do your taxes   If you have net self-employment income and are subject to self-employment tax, file one of the following with the United States. How to do your taxes If you are required to file Form 1040 with the United States, complete Schedule SE (Form 1040) and attach it to your Form 1040. How to do your taxes If you are not required to file Form 1040 with the United States and you are a bona fide resident of American Samoa, the CNMI, Guam, Puerto Rico, or the USVI, file Form 1040-SS. How to do your taxes If you are a resident of Puerto Rico, you can file the Spanish-language Form 1040-PR instead. How to do your taxes Do not file forms 1040-SS or 1040-PR with Form 1040. How to do your taxes If you are required to pay Additional Medicare Tax (discussed later) on your self-employment income, attach Form 8959, Additional Medicare Tax to Form 1040, Form 1040-SS, or Form 1040-PR, as applicable. How to do your taxes Chapter 11 Bankruptcy cases. How to do your taxes   While you are a debtor in a chapter 11 bankruptcy case, your net profit or loss from self-employment will be included on the income tax return (Form 1041, U. How to do your taxes S. How to do your taxes Income Tax Return for Estates and Trusts) of the bankruptcy estate. How to do your taxes However, you—not the bankruptcy estate—are responsible for paying self-employment tax on your net earnings from self-employment. How to do your taxes   Use Schedule SE (Form 1040), Form 1040-SS, or Form 1040-PR, as determined above, to figure your correct amount of self-employment tax. How to do your taxes   For other reporting requirements, see Chapter 11 Bankruptcy Cases in the Instructions for Form 1040. How to do your taxes Additional Medicare Tax Beginning in 2013, a 0. How to do your taxes 9% Additional Medicare Tax applies to Medicare wages, railroad retirement (RRTA) compensation, and self-employment income that are more than: $125,000 if married filing separately, $250,000 if married filing jointly, or $200,000 if single, head of household, or qualifying widow(er). How to do your taxes Medicare wages and self-employment income are combined to determine if income exceeds the threshold. How to do your taxes A self-employment loss should not be considered for purposes of this tax. How to do your taxes RRTA compensation should be separately compared to the threshold. How to do your taxes Your employer is responsible for withholding the 0. How to do your taxes 9% Additional Medicare Tax on Medicare wages or RRTA compensation it pays to you in excess of $200,000. How to do your taxes You should consider this withholding, if applicable, in determining whether you need to make estimated tax payments. How to do your taxes There are no special rules for U. How to do your taxes S. How to do your taxes citizens and nonresident aliens living abroad for purposes of this provision. How to do your taxes Wages, RRTA compensation, and self-employment income that are subject to Medicare tax will also be subject to Additional Medicare Tax if in excess of the applicable threshold. How to do your taxes For more information, see Form 8959, Additional Medicare Tax, and its instructions or visit www. How to do your taxes irs. How to do your taxes gov and enter the following words in the search box: Additional Medicare Tax. How to do your taxes You cannot include the Additional Medicare Tax as a deductible part of your self-employment tax. How to do your taxes Net Investment Income Tax Beginning in 2013, the Net Investment Income Tax (NIIT) imposes a 3. How to do your taxes 8% tax on the lesser of an individual’s net investment income or the excess of the individual’s modified adjusted gross income over a specified threshold amount. How to do your taxes Bona fide residents of Puerto Rico and American Samoa who may have a federal income tax return filing obligation may be liable for the NIIT if the taxpayer’s modified adjusted gross income from non-territory sources exceeds a specified threshold amount. How to do your taxes The NIIT does not apply to any individual who is a nonresident alien with respect to the United States. How to do your taxes Bona fide residents must take into account any additional tax liability associated with the NIIT when calculating your estimated tax payments. How to do your taxes Forms to file. How to do your taxes   If you are a bona fide resident of American Samoa and Puerto Rico and you are required to pay the NIIT, you must file Form 1040 with the United States and attach Form 8960, Net Investment Income Tax—Individuals, Estates, and Trusts. How to do your taxes For more information, see Form 8960 and its instructions. How to do your taxes Paying Your Taxes You may find that not all of your income tax has been paid through withholding by either the United States or the possession. How to do your taxes This is often true if you have income that is not subject to withholding, such as self-employment, interest, or rental income. How to do your taxes In this situation, you may need to make estimated tax payments. How to do your taxes Estimated Tax If your estimated income tax obligation is to the United States, use the worksheet in the Form 1040-ES package to figure your estimated tax, including self-employment tax. How to do your taxes Include the Additional Medicare Tax and Net Investment Income Tax if applicable. How to do your taxes If you are paying by check or money order, use the payment vouchers in the Form 1040-ES package. How to do your taxes Or, you can make your payments electronically and not have to file any paper forms. How to do your taxes See the Form 1040-ES instructions for information on making payments. How to do your taxes Double Taxation Mutual agreement procedures exist to settle issues where there is inconsistent tax treatment between the IRS and the taxing authorities of the following possessions. How to do your taxes American Samoa. How to do your taxes The Commonwealth of Puerto Rico. How to do your taxes The Commonwealth of the Northern Mariana Islands. How to do your taxes Guam. How to do your taxes The U. How to do your taxes S. How to do your taxes Virgin Islands. How to do your taxes These issues usually involve allocations of income, deductions, credits, or allowances between related persons; determinations of residency; and determinations of the source of income and related expenses. How to do your taxes Competent Authority Assistance The tax coordination agreements between the United States and the possession tax departments contain provisions allowing the competent authorities of the United States and the relevant possession to resolve, by mutual agreement, inconsistent tax treatment by the two jurisdictions. How to do your taxes How to make your request. How to do your taxes   Your request for competent authority assistance must include all the information listed in Revenue Procedure 2006-23, 2006-20 I. How to do your taxes R. How to do your taxes B. How to do your taxes 900 available at www. How to do your taxes irs. How to do your taxes gov/pub/irs-irbs/irb06-49. How to do your taxes pdf. How to do your taxes    Also, see Notice 2013-78, which provides proposed updates to the procedures for requesting U. How to do your taxes S. How to do your taxes competent authority assistance under tax treaties. How to do your taxes As noted, an update to Revenue Procedure 2006-23 will be published in the future. How to do your taxes   Your request must be in the form of a letter addressed to the Deputy Commissioner (International) LB&I. How to do your taxes It must contain a statement that competent authority assistance is requested under the mutual agreement procedure with the possession. How to do your taxes You (or a person having authority to sign your federal return) must sign and date the request. How to do your taxes    Send your written request for U. How to do your taxes S. How to do your taxes assistance under this procedure to:   Deputy Commissioner (International) Large Business and International Division Internal Revenue Service 1111 Constitution Avenue, N. How to do your taxes W. How to do your taxes  Routing: M4-365 Washington, DC 20224 (Attention: TAIT) Nonresident aliens generally must present their initial request for assistance to the relevant possession tax agency. How to do your taxes Credit or Refund In addition to the tax assistance request, if you seek a credit or refund of any overpayment of U. How to do your taxes S. How to do your taxes tax paid on the income in question, you should file a claim on Form 1040X, Amended U. How to do your taxes S. How to do your taxes Individual Income Tax Return. How to do your taxes Indicate on the form that a request for assistance under the mutual agreement procedure with the possession has been filed. How to do your taxes Attach a copy of the request to the form. How to do your taxes Also, you should take whatever steps must be taken under the possession tax code to prevent the expiration of the statutory period for filing a claim for credit or refund of a possession tax. How to do your taxes See Revenue Procedure 2006-54 (or its successor), section 9, for complete information. How to do your taxes Prev  Up  Next   Home   More Online Publications
Español

Senior Citizens' Resources

Find government resources for seniors on money, housing, health, consumer protection, and more.

Back to Top

The How To Do Your Taxes

How to do your taxes Index A Accounting methods, Accounting Methods Accrual method, Accrual method. How to do your taxes Change in accounting method Section 481(a) adjustment. How to do your taxes , Change in accounting method. How to do your taxes Mark-to-market accounting method, Mark-to-market accounting method. How to do your taxes Nonaccrual experience method, Nonaccrual experience method. How to do your taxes Percentage of completion method, Percentage of completion method. How to do your taxes Accounting periods, Accounting Periods Accumulated earnings tax, Accumulated Earnings Tax Alternative minimum tax (AMT), Alternative Minimum Tax (AMT) At-risk limits, At-Risk Limits B Backup withholding, Backup withholding. How to do your taxes Below-market loans, Below-Market Loans C Capital contributions, Capital Contributions Capital losses, Capital Losses Charitable contributions, Charitable Contributions Closely held corporation: At-risk limits, Closely held corporation. How to do your taxes Closely held corporations:, Closely held corporations. How to do your taxes Comments, Comments and suggestions. How to do your taxes Corporate preference items, Corporate Preference Items Corporations, businesses taxed as, Businesses Taxed as Corporations Credits, Credits Credits: Foreign tax, Credits General business credit, Credits Prior year minimum tax, Credits D Distributions: Money or property. How to do your taxes , Money or Property Distributions Other, Constructive Distributions Reporting, Reporting Dividends and Other Distributions Stock or stock rights, Distributions of Stock or Stock Rights To shareholders, Distributions to Shareholders Dividends-received deduction, Dividends-Received Deduction E EFTPS, Electronic Federal Tax Payment System, Electronic Federal Tax Payment System (EFTPS). How to do your taxes Electronic filing, Electronic filing. How to do your taxes Energy-efficient commercial building property deduction, Energy-Efficient Commercial Building Property Deduction Estimated tax, Estimated Tax Extraordinary dividends, Extraordinary Dividends F Figuring: NOL carryovers, Figuring the NOL Carryover Tax, Figuring Tax Foreign tax credit, Credits Form: 1096, Form 1099-DIV. How to do your taxes 1099–DIV, Form 1099-DIV. How to do your taxes 1118, Credits 1120, Which form to file. How to do your taxes 1120-W, How to figure each required installment. How to do your taxes 1120X, Refunds. How to do your taxes , NOL carryback. How to do your taxes 1138, Carryback expected. How to do your taxes 1139, Refunds. How to do your taxes , NOL carryback. How to do your taxes 2220, Form 2220. How to do your taxes 3800, Credits, Recapture Taxes 4255, Recapture Taxes 4626, Form 4626. How to do your taxes 5452, Form 5452. How to do your taxes 7004, Extension of time to file. How to do your taxes 8611, Recapture Taxes 8827, Credits 8832, Business formed after 1996. How to do your taxes 8834, Recapture Taxes 8845, Recapture Taxes 8874, Recapture Taxes 8882, Recapture Taxes 8912, Credits G Going into business, Costs of Going Into Business I Income tax returns, Income Tax Return L Loans, below-market, Below-Market Loans M Minimum tax credit, Credits N Net operating losses, Net Operating Losses Nontaxable exchange of property for stock, Property Exchanged for Stock P Paid-in capital, Paid-in capital. How to do your taxes Passive activity limits, Passive Activity Limits Paying estimated tax, How to pay estimated tax. How to do your taxes Penalties Other, Other penalties. How to do your taxes Trust fund recovery, Trust fund recovery penalty. How to do your taxes Penalties: Estimated tax, Underpayment penalty. How to do your taxes Late filing of return, Late filing of return. How to do your taxes Late payment of tax, Late payment of tax. How to do your taxes Personal service corporation: Figuring tax, Qualified personal service corporation. How to do your taxes Personal service corporations:, Personal service corporations. How to do your taxes Preference items, Corporate Preference Items Q Qualified refinery property, election to expense, Election to Expense Qualified Refinery Property Qualifying shipping activities, income from, Income From Qualifying Shipping Activities R Recapture taxes: Childcare facilities and services credit , Recapture Taxes Indian employment credit, Recapture Taxes Investment credit, Recapture Taxes Low-income housing credit, Recapture Taxes New markets credit, Recapture Taxes Qualified plug-in electric and electric vehicle credit, Recapture Taxes Recordkeeping, Recordkeeping Related persons, Related Persons Retained earnings, Accumulated Earnings Tax S Suggestions, Comments and suggestions. How to do your taxes T Tax help, How To Get Tax Help Tax rate schedule, Tax Rate Schedule Tax, figuring, Figuring Tax Taxpayer Advocate, Contacting your Taxpayer Advocate. How to do your taxes TTY/TDD information, How To Get Tax Help Prev  Up     Home   More Online Publications