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

Self Employed Tax Deductions

Www Irs Gov Form 1040ezFree State Income Tax FormsFree Income Tax Filing For College StudentsFree Income Tax FilingIrs1040ezformH & R BlockAmended Tax Return FormsIrs 1040ez Form 20122010 Tax ActFederal Tax AmendmentHow To Amend 2012 Tax Return2010 Form 1040ezStudents Filing TaxesHow To Amend 2010 Tax Return Online2011 Federal Tax Forms 1040Can I File State Taxes For FreeFile State Return For FreeWhere To File Amended 1040xFreefile Irs GovE File 2010 TaxesFree Tax 2012Download Irs Form 1040x1040x Amended Return FormStudent TaxIncome TaxIrs 1040v FormTax Ez Form 2011Free Fillable State Tax FormsInstructions For 1040xDo You Need To File A Tax Return In 2014How Do I File An Amended ReturnFile 2011 Federal TaxesHow To Amend Tax Return TurbotaxBack Tax Returns1040a 2012Online 1040ez FormWhat Can Military Claim On TaxesInstructions For 1040xFile State Taxes FreeTurbotax For Military

Self Employed Tax Deductions

Self employed tax deductions 18. Self employed tax deductions   Alimony Table of Contents IntroductionSpouse or former spouse. Self employed tax deductions Divorce or separation instrument. Self employed tax deductions Useful Items - You may want to see: General RulesMortgage payments. Self employed tax deductions Taxes and insurance. Self employed tax deductions Other payments to a third party. Self employed tax deductions Instruments Executed After 1984Payments to a third party. Self employed tax deductions Exception. Self employed tax deductions Substitute payments. Self employed tax deductions Specifically designated as child support. Self employed tax deductions Contingency relating to your child. Self employed tax deductions Clearly associated with a contingency. Self employed tax deductions How To Deduct Alimony Paid How To Report Alimony Received Recapture Rule Introduction This chapter discusses the rules that apply if you pay or receive alimony. Self employed tax deductions It covers the following topics. Self employed tax deductions What payments are alimony. Self employed tax deductions What payments are not alimony, such as child support. Self employed tax deductions How to deduct alimony you paid. Self employed tax deductions How to report alimony you received as income. Self employed tax deductions Whether you must recapture the tax benefits of alimony. Self employed tax deductions Recapture means adding back in your income all or part of a deduction you took in a prior year. Self employed tax deductions Alimony is a payment to or for a spouse or former spouse under a divorce or separation instrument. Self employed tax deductions It does not include voluntary payments that are not made under a divorce or separation instrument. Self employed tax deductions Alimony is deductible by the payer and must be included in the spouse's or former spouse's income. Self employed tax deductions Although this chapter is generally written for the payer of the alimony, the recipient can use the information to determine whether an amount received is alimony. Self employed tax deductions To be alimony, a payment must meet certain requirements. Self employed tax deductions Different requirements generally apply to payments under instruments executed after 1984 and to payments under instruments executed before 1985. Self employed tax deductions This chapter discusses the rules for payments under instruments executed after 1984. Self employed tax deductions If you need the rules for payments under pre-1985 instruments, get and keep a copy of the 2004 version of Publication 504. Self employed tax deductions That was the last year the information on pre-1985 instruments was included in Publication 504. Self employed tax deductions Use Table 18-1 in this chapter as a guide to determine whether certain payments are considered alimony. Self employed tax deductions Definitions. Self employed tax deductions   The following definitions apply throughout this chapter. Self employed tax deductions Spouse or former spouse. Self employed tax deductions   Unless otherwise stated, the term “spouse” includes former spouse. Self employed tax deductions Divorce or separation instrument. Self employed tax deductions   The term “divorce or separation instrument” means: A decree of divorce or separate maintenance or a written instrument incident to that decree, A written separation agreement, or A decree or any type of court order requiring a spouse to make payments for the support or maintenance of the other spouse. Self employed tax deductions This includes a temporary decree, an interlocutory (not final) decree, and a decree of alimony pendente lite (while awaiting action on the final decree or agreement). Self employed tax deductions Useful Items - You may want to see: Publication 504 Divorced or Separated Individuals General Rules The following rules apply to alimony regardless of when the divorce or separation instrument was executed. Self employed tax deductions Payments not alimony. Self employed tax deductions   Not all payments under a divorce or separation instrument are alimony. Self employed tax deductions Alimony does not include: Child support, Noncash property settlements, Payments that are your spouse's part of community income, as explained under Community Property in Publication 504, Payments to keep up the payer's property, or Use of the payer's property. Self employed tax deductions Payments to a third party. Self employed tax deductions   Cash payments, checks, or money orders to a third party on behalf of your spouse under the terms of your divorce or separation instrument can be alimony, if they otherwise qualify. Self employed tax deductions These include payments for your spouse's medical expenses, housing costs (rent, utilities, etc. Self employed tax deductions ), taxes, tuition, etc. Self employed tax deductions The payments are treated as received by your spouse and then paid to the third party. Self employed tax deductions Life insurance premiums. Self employed tax deductions   Alimony includes premiums you must pay under your divorce or separation instrument for insurance on your life to the extent your spouse owns the policy. Self employed tax deductions Payments for jointly-owned home. Self employed tax deductions   If your divorce or separation instrument states that you must pay expenses for a home owned by you and your spouse, some of your payments may be alimony. Self employed tax deductions Mortgage payments. Self employed tax deductions   If you must pay all the mortgage payments (principal and interest) on a jointly-owned home, and they otherwise qualify as alimony, you can deduct one-half of the total payments as alimony. Self employed tax deductions If you itemize deductions and the home is a qualified home, you can claim one-half of the interest in figuring your deductible interest. Self employed tax deductions Your spouse must report one-half of the payments as alimony received. Self employed tax deductions If your spouse itemizes deductions and the home is a qualified home, he or she can claim one-half of the interest on the mortgage in figuring deductible interest. Self employed tax deductions Taxes and insurance. Self employed tax deductions   If you must pay all the real estate taxes or insurance on a home held as tenants in common, you can deduct one-half of these payments as alimony. Self employed tax deductions Your spouse must report one-half of these payments as alimony received. Self employed tax deductions If you and your spouse itemize deductions, you can each claim one-half of the real estate taxes and none of the home insurance. Self employed tax deductions    If your home is held as tenants by the entirety or joint tenants, none of your payments for taxes or insurance are alimony. Self employed tax deductions But if you itemize deductions, you can claim all of the real estate taxes and none of the home insurance. Self employed tax deductions Other payments to a third party. Self employed tax deductions   If you made other third-party payments, see Publication 504 to see whether any part of the payments qualifies as alimony. Self employed tax deductions Instruments Executed After 1984 The following rules for alimony apply to payments under divorce or separation instruments executed after 1984. Self employed tax deductions Exception for instruments executed before 1985. Self employed tax deductions   There are two situations where the rules for instruments executed after 1984 apply to instruments executed before 1985. Self employed tax deductions A divorce or separation instrument executed before 1985 and then modified after 1984 to specify that the after-1984 rules will apply. Self employed tax deductions A temporary divorce or separation instrument executed before 1985 and incorporated into, or adopted by, a final decree executed after 1984 that: Changes the amount or period of payment, or Adds or deletes any contingency or condition. Self employed tax deductions   For the rules for alimony payments under pre-1985 instruments not meeting these exceptions, get the 2004 version of Publication 504 at www. Self employed tax deductions irs. Self employed tax deductions gov/pub504. Self employed tax deductions Example 1. Self employed tax deductions In November 1984, you and your former spouse executed a written separation agreement. Self employed tax deductions In February 1985, a decree of divorce was substituted for the written separation agreement. Self employed tax deductions The decree of divorce did not change the terms for the alimony you pay your former spouse. Self employed tax deductions The decree of divorce is treated as executed before 1985. Self employed tax deductions Alimony payments under this decree are not subject to the rules for payments under instruments executed after 1984. Self employed tax deductions Example 2. Self employed tax deductions Assume the same facts as in Example 1 except that the decree of divorce changed the amount of the alimony. Self employed tax deductions In this example, the decree of divorce is not treated as executed before 1985. Self employed tax deductions The alimony payments are subject to the rules for payments under instruments executed after 1984. Self employed tax deductions Alimony requirements. Self employed tax deductions   A payment to or for a spouse under a divorce or separation instrument is alimony if the spouses do not file a joint return with each other and all the following requirements are met. Self employed tax deductions The payment is in cash. Self employed tax deductions The instrument does not designate the payment as not alimony. Self employed tax deductions Spouses legally separated under a decree of divorce or separate maintenance are not members of the same household. Self employed tax deductions There is no liability to make any payment (in cash or property) after the death of the recipient spouse. Self employed tax deductions The payment is not treated as child support. Self employed tax deductions Each of these requirements is discussed below. Self employed tax deductions Cash payment requirement. Self employed tax deductions   Only cash payments, including checks and money orders, qualify as alimony. Self employed tax deductions The following do not qualify as alimony. Self employed tax deductions Transfers of services or property (including a debt instrument of a third party or an annuity contract). Self employed tax deductions Execution of a debt instrument by the payer. Self employed tax deductions The use of the payer's property. Self employed tax deductions Payments to a third party. Self employed tax deductions   Cash payments to a third party under the terms of your divorce or separation instrument can qualify as cash payments to your spouse. Self employed tax deductions See Payments to a third party under General Rules, earlier. Self employed tax deductions   Also, cash payments made to a third party at the written request of your spouse may qualify as alimony if all the following requirements are met. Self employed tax deductions The payments are in lieu of payments of alimony directly to your spouse. Self employed tax deductions The written request states that both spouses intend the payments to be treated as alimony. Self employed tax deductions You receive the written request from your spouse before you file your return for the year you made the payments. Self employed tax deductions Payments designated as not alimony. Self employed tax deductions   You and your spouse can designate that otherwise qualifying payments are not alimony. Self employed tax deductions You do this by including a provision in your divorce or separation instrument that states the payments are not deductible as alimony by you and are excludable from your spouse's income. Self employed tax deductions For this purpose, any instrument (written statement) signed by both of you that makes this designation and that refers to a previous written separation agreement is treated as a written separation agreement (and therefore a divorce or separation instrument). Self employed tax deductions If you are subject to temporary support orders, the designation must be made in the original or a later temporary support order. Self employed tax deductions   Your spouse can exclude the payments from income only if he or she attaches a copy of the instrument designating them as not alimony to his or her return. Self employed tax deductions The copy must be attached each year the designation applies. Self employed tax deductions Spouses cannot be members of the same household. Self employed tax deductions    Payments to your spouse while you are members of the same household are not alimony if you are legally separated under a decree of divorce or separate maintenance. Self employed tax deductions A home you formerly shared is considered one household, even if you physically separate yourselves in the home. Self employed tax deductions   You are not treated as members of the same household if one of you is preparing to leave the household and does leave no later than 1 month after the date of the payment. Self employed tax deductions Exception. Self employed tax deductions   If you are not legally separated under a decree of divorce or separate maintenance, a payment under a written separation agreement, support decree, or other court order may qualify as alimony even if you are members of the same household when the payment is made. Self employed tax deductions Table 18-1. Self employed tax deductions Alimony Requirements (Instruments Executed After 1984) Payments ARE alimony if all of the following are true: Payments are NOT alimony if any of the following are true: Payments are required by a divorce or separation instrument. Self employed tax deductions Payments are not required by a divorce or separation instrument. Self employed tax deductions Payer and recipient spouse do not file a joint return with each other. Self employed tax deductions Payer and recipient spouse file a joint return with each other. Self employed tax deductions Payment is in cash (including checks or money orders). Self employed tax deductions Payment is: Not in cash, A noncash property settlement, Spouse's part of community income, or To keep up the payer's property. Self employed tax deductions Payment is not designated in the instrument as not alimony. Self employed tax deductions Payment is designated in the instrument as not alimony. Self employed tax deductions Spouses legally separated under a decree of divorce or separate maintenance are not members of the same household. Self employed tax deductions Spouses legally separated under a decree of divorce or separate maintenance are members of the same household. Self employed tax deductions Payments are not required after death of the recipient spouse. Self employed tax deductions Payments are required after death of the recipient spouse. Self employed tax deductions Payment is not treated as child support. Self employed tax deductions Payment is treated as child support. Self employed tax deductions These payments are deductible by the payer and includible in income by the recipient. Self employed tax deductions These payments are neither deductible by the payer nor includible in income by the recipient. Self employed tax deductions Liability for payments after death of recipient spouse. Self employed tax deductions   If any part of payments you make must continue to be made for any period after your spouse's death, that part of your payments is not alimony, whether made before or after the death. Self employed tax deductions If all of the payments would continue, then none of the payments made before or after the death are alimony. Self employed tax deductions   The divorce or separation instrument does not have to expressly state that the payments cease upon the death of your spouse if, for example, the liability for continued payments would end under state law. Self employed tax deductions Example. Self employed tax deductions You must pay your former spouse $10,000 in cash each year for 10 years. Self employed tax deductions Your divorce decree states that the payments will end upon your former spouse's death. Self employed tax deductions You must also pay your former spouse or your former spouse's estate $20,000 in cash each year for 10 years. Self employed tax deductions The death of your spouse would not terminate these payments under state law. Self employed tax deductions The $10,000 annual payments may qualify as alimony. Self employed tax deductions The $20,000 annual payments that do not end upon your former spouse's death are not alimony. Self employed tax deductions Substitute payments. Self employed tax deductions   If you must make any payments in cash or property after your spouse's death as a substitute for continuing otherwise qualifying payments before the death, the otherwise qualifying payments are not alimony. Self employed tax deductions To the extent that your payments begin, accelerate, or increase because of the death of your spouse, otherwise qualifying payments you made may be treated as payments that were not alimony. Self employed tax deductions Whether or not such payments will be treated as not alimony depends on all the facts and circumstances. Self employed tax deductions Example 1. Self employed tax deductions Under your divorce decree, you must pay your former spouse $30,000 annually. Self employed tax deductions The payments will stop at the end of 6 years or upon your former spouse's death, if earlier. Self employed tax deductions Your former spouse has custody of your minor children. Self employed tax deductions The decree provides that if any child is still a minor at your spouse's death, you must pay $10,000 annually to a trust until the youngest child reaches the age of majority. Self employed tax deductions The trust income and corpus (principal) are to be used for your children's benefit. Self employed tax deductions These facts indicate that the payments to be made after your former spouse's death are a substitute for $10,000 of the $30,000 annual payments. Self employed tax deductions Of each of the $30,000 annual payments, $10,000 is not alimony. Self employed tax deductions Example 2. Self employed tax deductions Under your divorce decree, you must pay your former spouse $30,000 annually. Self employed tax deductions The payments will stop at the end of 15 years or upon your former spouse's death, if earlier. Self employed tax deductions The decree provides that if your former spouse dies before the end of the 15-year period, you must pay the estate the difference between $450,000 ($30,000 × 15) and the total amount paid up to that time. Self employed tax deductions For example, if your spouse dies at the end of the tenth year, you must pay the estate $150,000 ($450,000 − $300,000). Self employed tax deductions These facts indicate that the lump-sum payment to be made after your former spouse's death is a substitute for the full amount of the $30,000 annual payments. Self employed tax deductions None of the annual payments are alimony. Self employed tax deductions The result would be the same if the payment required at death were to be discounted by an appropriate interest factor to account for the prepayment. Self employed tax deductions Child support. Self employed tax deductions   A payment that is specifically designated as child support or treated as specifically designated as child support under your divorce or separation instrument is not alimony. Self employed tax deductions The amount of child support may vary over time. Self employed tax deductions Child support payments are not deductible by the payer and are not taxable to the recipient. Self employed tax deductions Specifically designated as child support. Self employed tax deductions   A payment will be treated as specifically designated as child support to the extent that the payment is reduced either: On the happening of a contingency relating to your child, or At a time that can be clearly associated with the contingency. Self employed tax deductions A payment may be treated as specifically designated as child support even if other separate payments are specifically designated as child support. Self employed tax deductions Contingency relating to your child. Self employed tax deductions   A contingency relates to your child if it depends on any event relating to that child. Self employed tax deductions It does not matter whether the event is certain or likely to occur. Self employed tax deductions Events relating to your child include the child's: Becoming employed, Dying, Leaving the household, Leaving school, Marrying, or Reaching a specified age or income level. Self employed tax deductions Clearly associated with a contingency. Self employed tax deductions   Payments that would otherwise qualify as alimony are presumed to be reduced at a time clearly associated with the happening of a contingency relating to your child only in the following situations. Self employed tax deductions The payments are to be reduced not more than 6 months before or after the date the child will reach 18, 21, or local age of majority. Self employed tax deductions The payments are to be reduced on two or more occasions that occur not more than 1 year before or after a different one of your children reaches a certain age from 18 to 24. Self employed tax deductions This certain age must be the same for each child, but need not be a whole number of years. Self employed tax deductions In all other situations, reductions in payments are not treated as clearly associated with the happening of a contingency relating to your child. Self employed tax deductions   Either you or the IRS can overcome the presumption in the two situations above. Self employed tax deductions This is done by showing that the time at which the payments are to be reduced was determined independently of any contingencies relating to your children. Self employed tax deductions For example, if you can show that the period of alimony payments is customary in the local jurisdiction, such as a period equal to one-half of the duration of the marriage, you can overcome the presumption and may be able to treat the amount as alimony. Self employed tax deductions How To Deduct Alimony Paid You can deduct alimony you paid, whether or not you itemize deductions on your return. Self employed tax deductions You must file Form 1040. Self employed tax deductions You cannot use Form 1040A or Form 1040EZ. Self employed tax deductions Enter the amount of alimony you paid on Form 1040, line 31a. Self employed tax deductions In the space provided on line 31b, enter your spouse's social security number (SSN) or individual taxpayer identification number (ITIN). Self employed tax deductions If you paid alimony to more than one person, enter the SSN or ITIN of one of the recipients. Self employed tax deductions Show the SSN or ITIN and amount paid to each other recipient on an attached statement. Self employed tax deductions Enter your total payments on line 31a. Self employed tax deductions You must provide your spouse's SSN or ITIN. Self employed tax deductions If you do not, you may have to pay a $50 penalty and your deduction may be disallowed. Self employed tax deductions For more information on SSNs and ITINs, see Social Security Number (SSN) in chapter 1. Self employed tax deductions How To Report Alimony Received Report alimony you received as income on Form 1040, line 11. Self employed tax deductions You cannot use Form 1040A or Form 1040EZ. Self employed tax deductions You must give the person who paid the alimony your SSN or ITIN. Self employed tax deductions If you do not, you may have to pay a $50 penalty. Self employed tax deductions Recapture Rule If your alimony payments decrease or end during the first 3 calendar years, you may be subject to the recapture rule. Self employed tax deductions If you are subject to this rule, you have to include in income in the third year part of the alimony payments you previously deducted. Self employed tax deductions Your spouse can deduct in the third year part of the alimony payments he or she previously included in income. Self employed tax deductions The 3-year period starts with the first calendar year you make a payment qualifying as alimony under a decree of divorce or separate maintenance or a written separation agreement. Self employed tax deductions Do not include any time in which payments were being made under temporary support orders. Self employed tax deductions The second and third years are the next 2 calendar years, whether or not payments are made during those years. Self employed tax deductions The reasons for a reduction or end of alimony payments that can require a recapture include: A change in your divorce or separation instrument, A failure to make timely payments, A reduction in your ability to provide support, or A reduction in your spouse's support needs. Self employed tax deductions When to apply the recapture rule. Self employed tax deductions   You are subject to the recapture rule in the third year if the alimony you pay in the third year decreases by more than $15,000 from the second year or the alimony you pay in the second and third years decreases significantly from the alimony you pay in the first year. Self employed tax deductions   When you figure a decrease in alimony, do not include the following amounts. Self employed tax deductions Payments made under a temporary support order. Self employed tax deductions Payments required over a period of at least 3 calendar years that vary because they are a fixed part of your income from a business or property, or from compensation for employment or self-employment. Self employed tax deductions Payments that decrease because of the death of either spouse or the remarriage of the spouse receiving the payments before the end of the third year. Self employed tax deductions Figuring the recapture. Self employed tax deductions   You can use Worksheet 1 in Publication 504 to figure recaptured alimony. Self employed tax deductions Including the recapture in income. Self employed tax deductions   If you must include a recapture amount in income, show it on Form 1040, line 11 (“Alimony received”). Self employed tax deductions Cross out “received” and enter “recapture. Self employed tax deductions ” On the dotted line next to the amount, enter your spouse's last name and SSN or ITIN. Self employed tax deductions Deducting the recapture. Self employed tax deductions   If you can deduct a recapture amount, show it on Form 1040, line 31a (“Alimony paid”). Self employed tax deductions Cross out “paid” and enter “recapture. Self employed tax deductions ” In the space provided, enter your spouse's SSN or ITIN. Self employed tax deductions Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Tax Information for Tax Professionals

IRS Statement on Court Ruling Related to Return Preparers
The IRS has issued a statement on a court ruling related to enforcement of regulatory requirements for registered tax return preparers.

Open Season for Membership in the Information Reporting Advisory Committee (IRPAC)
The Internal Revenue Service (IRS) is accepting nominations to IRPAC beginning April 1, 2014 and ending May 30, 2014. IRPAC provides recommendations to IRS leadership on a wide range of information reporting and administration issues.

Third Party Reporting Information Center - Information Documents
Learn about information reporting requirements for merchant payment cards, cost basis reporting on securities sales and government payments.

IRS to Waive Forms 5498, 1098-T and 1099-G Penalties for the Initial Year of Introduction
Taxpayers and/or their representatives who have questions should contact the IRS per the notice instructions.

IRS Nationwide Tax Forum Information
Attend the IRS Nationwide Tax Forums to learn the latest in tax administration, mingle with industry partners, and earn CPE credits.

IRS Nationwide Tax Forums Online
The NTFO site provides courses based on taped seminars from previous IRS Nationwide Tax Forums. NTFO courses may be taken for either CPE credit or audit.

Disaster Relief Resource Center for Tax Professionals
Visit this resource center to learn how to re-establish your business after a natural disaster.

IRS Advisory Committees General Information
General Information on the Internal Revenue Service Advisory Council and the Information Reporting Program Advisory Committee.

2013 IRSAC Report Made Available at Public Meeting
The Internal Revenue Service Advisory Council (IRSAC) released its 2013 annual report. The IRSAC report includes recommendations on a wide range of tax administration issues.

2013 Information Reporting Program Advisory Committee (IRPAC) Public Report
The Information Reporting Program Advisory Committee (IRPAC) released its 2013 Report, which includes recommendations pertaining to the Patient Protection and Affordable Care Act, Foreign Account Tax Compliance Act, Cost Basis Reporting, Payment Card Reporting on Form 1099-K and other tax administration issues.

Most Tax Return Preparers Must Use IRS e-file
As of January 1, 2012, any tax return preparer who anticipates preparing and filing 11 or more Forms 1040, 1040A, 1040EZ and 1041 during a calendar year must use IRS e-file.

IRS Live
IRS Live is for the tax pro in the know. A live webinar, IRS Live is a panel discussion among IRS experts and industry professionals aimed at educating tax professionals on the most current and complex tax issues affecting them and their clients.

IRS Video Portal
The IRS Video portal contains presentations dedicated to helping the tax practitioner.

IRS Training and Communication Tools for Tax Professionals
Follow IRS on Twitter, attend a Tax Forum, and watch tax videos - learn about it here!

Interactive Tax Assistant (ITA)
The Interactive Tax Assistant (ITA) is a new resource that provides consistent answers to a limited number of tax law questions using a probe and response process. The ITA will guide you to accurate answers that are not readily addressed through simple Frequently Asked Questions (FAQs).

IRS Civil Penalties Virtual Mailbox
A resource for IRS External Stakeholders (tax professionals) to provide their suggestions and/or comments regarding improving administration of civil penalties.

Foreign Account Tax Compliance Act
FATCA will increase information reporting by foreign financial institutions, non-financial foreign entities, and certain U.S. persons holding financial assets outside the United States.

Offshore Voluntary Disclosure Initiative: Passive Foreign Income Company Investment Computations
Offshore Voluntary Disclosure Initiative: Passive Foreign Income Company Investment Computations

Make a Complaint About a Tax Return Preparer
Taxpayers can use this site to find out how to file a complaint about a tax preparer.

Circular No. 230 (Rev. 8-2011)
Rules Governing Practice Before the Internal Revenue Service

Section 7216 Information Center
Find information about Section 7216 including FAQs and revenue rulings.

Valuation of Assets
Job Aid for IRS Valuation Professionals to assist in reviewing or developing business valuations.

Collection Procedures for Taxpayers Filing and/or Paying Late
Links to helpful information for taxpayers who cannot file or pay by the due date.

IRS Advancing E-file Study Key Messages
IRS Advancing E-file Study Key Messages

The American Recovery and Reinvestment Act of 2009: Information Center
Update on the new economic stimulus legislation.

Real Time Tax Initiative
Learn about the Real Time Tax initiative that will focus on improving the taxpayer experience and improve overall tax compliance.

Page Last Reviewed or Updated: 28-Mar-2014

The Self Employed Tax Deductions

Self employed tax deductions 34. Self employed tax deductions   Crédito Tributario por Hijos Table of Contents Introduction Useful Items - You may want to see: Hijo Calificado Cantidad de CréditoLímites del Crédito Cómo Reclamar el Crédito Crédito Tributario Adicional por Hijos Cómo Completar el Anexo 8812 (Formulario 1040A o Formulario 1040)Parte I Partes II a IV Introduction El crédito tributario por hijos es un crédito que puede reducir su impuesto hasta $1,000 por cada uno de sus hijos calificados. Self employed tax deductions El crédito tributario adicional por hijos es un crédito que podría tomar en el caso de que no pueda reclamar la cantidad completa del crédito tributario por hijos. Self employed tax deductions Este capítulo le explica lo siguiente: Quién es un hijo calificado. Self employed tax deductions La cantidad del crédito. Self employed tax deductions Cómo se puede reclamar el crédito. Self employed tax deductions El crédito tributario por hijos y el crédito tributario adicional por hijos no deben confundirse con el crédito por gastos del cuidado de menores y dependientes, el cual se explica en el capítulo 32. Self employed tax deductions Si no está sujeto al pago de impuestos. Self employed tax deductions   Algunos créditos, tales como el crédito tributario por hijos o el crédito por gastos del cuidado de menores y dependientes, se usan para reducir el impuesto. Self employed tax deductions Si la cantidad del impuesto en la línea 46 del Formulario 1040 o en la línea 28 del Formulario 1040A es cero, no calcule el crédito tributario por hijos ya que no hay impuesto que se pueda reducir. Self employed tax deductions Sin embargo, podría reunir los requisitos para el crédito tributario adicional por hijos en la línea 65 (Formulario 1040) o en la línea 39 (Formulario 1040A). Self employed tax deductions Useful Items - You may want to see: Publicación 972 Child Tax Credit (Crédito tributario por hijos), en inglés Formulario (e Instrucciones) Anexo 8812   (Formulario 1040A o 1040) Child Tax Credit (Crédito tributario por hijos), en inglés W-4(SP) Certificado de Exención de Retenciones del Empleado W-4 Employee's Withholding Allowance Certificate (Certificado de exención de retenciones del empleado), en inglés Hijo Calificado Un hijo calificado, para propósitos del crédito tributario por hijos, es aquél que: Es su hijo o hija, hijastro o hijastra, hijo de crianza, hermano o hermana, hermanastro o hermanastra o descendiente de cualquiera de ellos (por ejemplo, su nieto, nieta, sobrina o sobrino), Tenía menos de 17 años de edad al finalizar el año 2013, No proveyó más de la mitad de su propia manutención durante el año 2013, Vivió con usted durante más de la mitad del año 2013 (vea Excepciones al tiempo vivido con usted , más adelante), Fue reclamado como dependiente en la declaración de usted, No presenta una declaración conjunta para el año (o la presenta solamente para reclamar un reembolso), y Era ciudadano, nacional o residente de los Estados Unidos. Self employed tax deductions Si el hijo fue adoptado, vea Hijo adoptivo , más adelante. Self employed tax deductions Para cada hijo calificado, tiene que marcar el recuadro que aparece en la línea 6c del Formulario 1040 o del Formulario 1040A. Self employed tax deductions Ejemplo 1. Self employed tax deductions Su hijo cumplió 17 años de edad el día 30 de diciembre del año 2013. Self employed tax deductions Él es ciudadano de los Estados Unidos y usted lo declara como dependiente en la declaración de impuestos. Self employed tax deductions Su hijo no es hijo calificado para el crédito tributario por hijos porque no tenía menos de 17 años de edad al finalizar el año 2013. Self employed tax deductions Ejemplo 2. Self employed tax deductions Su hija cumplió 8 años en el año 2013. Self employed tax deductions Ella no es ciudadana de los Estados Unidos, tiene un ITIN y vivió en México durante todo el año 2013. Self employed tax deductions Ella no es un hijo calificado para el crédito tributario por hijos debido a que no fue residente de los Estados Unidos en 2013. Self employed tax deductions Contribuyentes que tienen determinados hijos dependientes con un número de identificación personal del contribuyente (ITIN, por sus siglas en inglés). Self employed tax deductions   Si está reclamando un crédito tributario por hijos o un crédito tributario adicional por hijos basándose en un hijo que identificó en su declaración de impuestos con un número de identificación personal del contribuyente (ITIN, por sus siglas en inglés), en lugar de un número de Seguro Social (SSN, por sus siglas en inglés), tiene que completar la Parte I del Anexo 8812 (Formulario 1040A o 1040). Self employed tax deductions   Aun si su hijo es dependiente suyo, sólo puede reclamar un crédito tributario por hijos o un crédito tributario adicional por hijos basándose en un dependiente que sea ciudadano, nacional o residente de los Estados Unidos. Self employed tax deductions Para ser tratado como residente de los Estados Unidos, un hijo normalmente tiene que cumplir el requisito de presencia sustancial. Self employed tax deductions Para más información sobre el requisito de presencia sustancial, vea la Publicación 519, U. Self employed tax deductions S. Self employed tax deductions Tax Guide for Aliens (Guía sobre los impuestos federales estadounidenses para extranjeros), en inglés. Self employed tax deductions Hijo adoptivo. Self employed tax deductions   A un hijo adoptivo siempre se le trata como si fuera su hijo. Self employed tax deductions Un hijo adoptivo incluye un niño colocado en su hogar por una agencia autorizada, con la intención de que sea legalmente adoptado. Self employed tax deductions   Si usted es ciudadano o nacional de los EE. Self employed tax deductions UU. Self employed tax deductions y su hijo adoptivo vivió con usted como integrante de su unidad familiar durante todo el año en 2013, dicho hijo cumple el requisito (7), anteriormente, para ser un hijo calificado para propósitos del crédito tributario por hijos. Self employed tax deductions Excepciones al tiempo vivido con usted. Self employed tax deductions   Se considera que un hijo vivió con usted más de la mitad del año 2013 si nació o murió en el año 2013, y su hogar (el de usted) fue el hogar del hijo más de la mitad del tiempo en el cual estuvo vivo. Self employed tax deductions Las ausencias temporales por usted o su hijo debidas a circunstancias especiales, tales como las ausencias por educación, vacaciones, negocios, atención médica, servicio militar o estancia en un centro de detención para delincuentes juveniles cuentan como tiempo que el hijo vivió con usted. Self employed tax deductions   También hay excepciones para hijos secuestrados e hijos de padres divorciados o separados. Self employed tax deductions Para detalles, vea Requisito de Residencia , en el capítulo 3. Self employed tax deductions Hijo calificado de más de una persona. Self employed tax deductions   Se aplica una regla especial si su hijo calificado es el hijo calificado de más de una persona. Self employed tax deductions Para detalles, vea Requisito Especial para el Hijo Calificado de Más de una Persona , en el capítulo 3. Self employed tax deductions Cantidad de Crédito La cantidad máxima de crédito que puede reclamar es $1,000 por cada hijo calificado. Self employed tax deductions Límites del Crédito Usted tiene que reducir su crédito tributario por hijos si la condición (1) o la condición (2) le corresponde: La cantidad de la línea 46 (Formulario 1040) o de la línea 28 (Formulario 1040A) es menor que el crédito. Self employed tax deductions Si esta cantidad es cero, no puede reclamar este crédito porque no hay impuesto que se pueda reducir. Self employed tax deductions Sin embargo, es posible que pueda tomar el crédito tributario adicional por hijos. Self employed tax deductions Vea Crédito Tributario Adicional por Hijos , más adelante. Self employed tax deductions Su ingreso bruto ajustado (AGI, por sus siglas en inglés) modificado es mayor que la cantidad que se indica a continuación para su estado civil para efectos de la declaración. Self employed tax deductions Casados que presentan una declaración conjunta: $110,000. Self employed tax deductions Soltero, cabeza de familia o viudo que reúne los requisitos: $75,000. Self employed tax deductions Casados que presentan la declaración por separado: $55,000. Self employed tax deductions Ingresos brutos ajustados modificados. Self employed tax deductions   Para propósitos del crédito tributario por hijos, su ingreso bruto ajustado (AGI, por sus siglas en inglés) modificado es su ingreso bruto ajustado más las cantidades siguientes que puedan ser aplicables en su caso: Toda cantidad excluida del ingreso debido a la exclusión de ingresos de fuentes de  Puerto Rico. Self employed tax deductions En la línea de puntos directamente al lado de la línea 38 del Formulario 1040, anote la cantidad excluida e indentifíquela como “ EPRI. Self employed tax deductions ” Además, adjunte una copia de todo Formulario 499R-2/W-2PR a su declaración. Self employed tax deductions Toda cantidad de las líneas 45 ó 50 del Formulario 2555, Foreign Earned Income (Ingreso devengado en el extranjero), en inglés. Self employed tax deductions Toda cantidad de la línea 18 del Formulario 2555-EZ, Foreign Earned Income Exclusion (Exclusión de ingreso devengado en el extranjero), en inglés. Self employed tax deductions Toda cantidad de la línea 15 del Formulario 4563, Exclusion of Income for Bona Fide Residents of American Samoa (Exclusión del ingreso para residentes bona fide de la Samoa Estadounidense), en inglés. Self employed tax deductions   Si no tiene ninguna de las cantidades mencionadas anteriormente, su ingreso bruto ajustado modificado es igual a su ingreso bruto ajustado. Self employed tax deductions Ingreso bruto ajustado. Self employed tax deductions   El ingreso bruto ajustado (AGI, por sus siglas en inglés) es la cantidad de la línea 38 del Formulario 1040 o de la línea 22 del Formulario 1040A. Self employed tax deductions Cómo Reclamar el Crédito Para reclamar el crédito tributario por hijos, tiene que presentar el Formulario 1040 o el Formulario 1040A. Self employed tax deductions No puede reclamar el crédito tributario por hijos en el Formulario 1040EZ. Self employed tax deductions Tiene que proveer el nombre y número de identificación (normalmente el número de Seguro Social) de cada hijo calificado en su declaración de impuestos. Self employed tax deductions Si reclama el crédito tributario por hijos con un hijo identificado por un ITIN, usted también tiene que presentar el Anexo 8812. Self employed tax deductions Para calcular el crédito, primero revise la Child Tax Credit Worksheet (Hoja de trabajo del crédito tributario por hijos), en las Instrucciones para el Formulario 1040 o el Formulario 1040A. Self employed tax deductions Si se le indica que consulte la Publicación 972, Child Tax Credit (Crédito tributario por hijos), en inglés, no puede utilizar la Hoja de trabajo de las instrucciones en la declaración de impuestos; en su lugar, usted tiene que utilizar la Publicación 972, en inglés, para calcular el crédito. Self employed tax deductions Si no se le indica que utilice la Publicación 972, puede usar la Hoja de trabajo del crédito tributario por hijos, que se encuentra en las Instrucciones para el Formulario 1040 o las Instrucciones para el Formulario 1040A o la Publicación 972, todas en inglés, para calcular el crédito. Self employed tax deductions Crédito Tributario Adicional por Hijos Este crédito es para determinadas personas que reciban menos de la cantidad total del crédito tributario por hijos. Self employed tax deductions El crédito tributario adicional por hijos puede darle un reembolso aunque no adeude ningún impuesto. Self employed tax deductions Cómo se reclama el crédito tributario adicional por hijos. Self employed tax deductions   Para reclamar el crédito tributario adicional por hijos, siga los pasos que aparecen a continuación: Asegúrese de haber calculado la cantidad, si existe, de su crédito tributario por hijos. Self employed tax deductions Vea anteriormente el tema titulado Cómo Reclamar el Crédito . Self employed tax deductions Use las Partes II a la IV del Anexo 8812 para determinar si puede reclamar el crédito tributario adicional por hijos si usted contestó “Yes” (Sí) en la línea 9 ó 10 de la Child Tax Credit Worksheet (Hoja de trabajo del crédito tributario por hijos) en las Instrucciones para el Formulario 1040 o en las Instrucciones para el Formulario 1040A, o en la línea 13 de la Child Tax Credit Worksheet (Hoja de trabajo del crédito tributario por hijos) en la Publicación 972, todas en inglés. Self employed tax deductions Si tiene un crédito tributario adicional por hijos en la línea 13 del Anexo 8812, anótelo en la línea 65 del Formulario 1040 o en la línea 39 del Formulario 1040A. Self employed tax deductions Cómo Completar el Anexo 8812 (Formulario 1040A o Formulario 1040) El Anexo 8812 tiene cuatro partes, pero se puede considerar como que consta de dos secciones. Self employed tax deductions La Parte I es independiente de las Partes II a la IV. Self employed tax deductions Si todos sus hijos tienen números de Seguro Social o números de identificación del contribuyente para adopción del IRS(ATIN, por sus siglas en inglés),y usted no reclama el crédito tributario adicional por hijos, no necesita completar ni adjuntar el Anexo 8812 a su declaración de impuestos. Self employed tax deductions Parte I Usted sólo necesitará completar la Parte I si está reclamando el crédito tributario por hijos para un hijo que aparece identificado con un número de identificación personal del contribuyente del IRS (ITIN, por sus siglas en inglés). Self employed tax deductions Si todos los hijos por los cuales usted marcó la casilla en la columna 4 de la línea 6c de su Formulario 1040 o Formulario 1040A tienen números de Seguro Social (SSN, por sus siglas en inglés) o números de identificación del contribuyente para adopción del IRS (ATIN, por sus siglas en inglés), no tiene que completar la Parte I del Anexo 8812. Self employed tax deductions Partes II a IV Las Partes II a la IV le ayudan a calcular el crédito adicional por hijos que le corresponde a usted. Self employed tax deductions Por lo general, deberá completar las Partes II a la IV únicamente si se le indica luego de que completa la Hoja de trabajo del crédito tributario por hijos que aparece en las instrucciones de su declaración de impuestos o en la Publicación 972. Self employed tax deductions Vea Cómo se reclama el crédito tributario adicional por hijos , anteriormente. Self employed tax deductions Prev  Up  Next   Home   More Online Publications