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Software For 1040nr

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Software For 1040nr

Software for 1040nr Publication 590 - Introductory Material Table of Contents What's New for 2013 What's New for 2014 Reminders IntroductionOrdering forms and publications. Software for 1040nr Tax questions. Software for 1040nr Useful Items - You may want to see: Note. Software for 1040nr After 2013, Publication 590 will be split into two separate publications as follows. Software for 1040nr Publication 590-A, will focus on contributions to traditional IRAs as well as Roth IRAs. Software for 1040nr This publication will include the rules for rollover and conversion contributions. Software for 1040nr Publication 590-B, will focus on distributions from traditional IRAs as well as Roth IRAs. Software for 1040nr This publication will include the rules for required minimum distributions and IRA beneficiaries. Software for 1040nr What's New for 2013 Traditional IRA contribution and deduction limit. Software for 1040nr  The contribution limit to your traditional IRA for 2013 will be increased to the smaller of the following amounts: $5,500, or Your taxable compensation for the year. Software for 1040nr If you were age 50 or older before 2014, the most that can be contributed to your traditional IRA for 2013 will be the smaller of the following amounts: $6,500, or Your taxable compensation for the year. Software for 1040nr For more information, see How Much Can Be Contributed? in chapter 1. Software for 1040nr Roth IRA contribution limit. Software for 1040nr  If contributions on your behalf are made only to Roth IRAs, your contribution limit for 2013 will generally be the lesser of: $5,500, or Your taxable compensation for the year. Software for 1040nr If you were age 50 or older before 2014 and contributions on your behalf were made only to Roth IRAs, your contribution limit for 2013 will generally be the lesser of: $6,500, or Your taxable compensation for the year. Software for 1040nr However, if your modified adjusted gross income (AGI) is above a certain amount, your contribution limit may be reduced. Software for 1040nr For more information, see How Much Can Be Contributed? under Can You Contribute to a Roth IRA? in chapter 2. Software for 1040nr Modified AGI limit for traditional IRA contributions increased. Software for 1040nr  For 2013, if you were covered by a retirement plan at work, your deduction for contributions to a traditional IRA is reduced (phased out) if your modified AGI is: More than $95,000 but less than $115,000 for a married couple filing a joint return or a qualifying widow(er), More than $59,000 but less than $69,000 for a single individual or head of household, or Less than $10,000 for a married individual filing a separate return. Software for 1040nr If you either lived with your spouse or file a joint return, and your spouse was covered by a retirement plan at work, but you were not, your deduction is phased out if your modified AGI is more than $178,000 but less than $188,000. Software for 1040nr If your modified AGI is $188,000 or more, you cannot take a deduction for contributions to a traditional IRA. Software for 1040nr See How Much Can You Deduct? in chapter 1. Software for 1040nr Modified AGI limit for Roth IRA contributions increased. Software for 1040nr  For 2013, your Roth IRA contribution limit is reduced (phased out) in the following situations. Software for 1040nr Your filing status is married filing jointly or qualifying widow(er) and your modified AGI is at least $178,000. Software for 1040nr You cannot make a Roth IRA contribution if your modified AGI is $188,000 or more. Software for 1040nr Your filing status is single, head of household, or married filing separately and you did not live with your spouse at any time in 2013 and your modified AGI is at least $112,000. Software for 1040nr You cannot make a Roth IRA contribution if your modified AGI is $127,000 or more. Software for 1040nr Your filing status is married filing separately, you lived with your spouse at any time during the year, and your modified AGI is more than -0-. Software for 1040nr You cannot make a Roth IRA contribution if your modified AGI is $10,000 or more. Software for 1040nr See Can You Contribute to a Roth IRA? in chapter 2. Software for 1040nr Net Investment Income Tax. Software for 1040nr  For purposes of the Net Investment Income Tax (NIIT), net investment income does not include distributions from a qualified retirement plan (for example, 401(a), 403(a), 403(b), 457(b) plans, and IRAs). Software for 1040nr However, these distributions are taken into account when determining the modified adjusted gross income threshold. Software for 1040nr Distributions from a nonqualified retirement plan are included in net investment income. Software for 1040nr See Form 8960, Net Investment Income Tax—Individuals, Estates, and Trusts, and its instructions for more information. Software for 1040nr Kay Bailey Hutchison Spousal IRA. Software for 1040nr . Software for 1040nr  In 2013, spousal IRAs were renamed to Kay Bailey Hutchison Spousal IRAs. Software for 1040nr There are no changes to the rules regarding these IRAs. Software for 1040nr See Kay Bailey Hutchison Spousal IRA Limit in chapter 1 for more information. Software for 1040nr What's New for 2014 Modified AGI limit for traditional IRA contributions increased. Software for 1040nr  For 2014, if you are covered by a retirement plan at work, your deduction for contributions to a traditional IRA is reduced (phased out) if your modified AGI is: More than $96,000 but less than $116,000 for a married couple filing a joint return or a qualifying widow(er), More than $60,000 but less than $70,000 for a single individual or head of household, or Less than $10,000 for a married individual filing a separate return. Software for 1040nr If you either live with your spouse or file a joint return, and your spouse is covered by a retirement plan at work, but you are not, your deduction is phased out if your modified AGI is more than $181,000 but less than $191,000. Software for 1040nr If your modified AGI is $191,000 or more, you cannot take a deduction for contributions to a traditional IRA. Software for 1040nr Modified AGI limit for Roth IRA contributions increased. Software for 1040nr  For 2014, your Roth IRA contribution limit is reduced (phased out) in the following situations. Software for 1040nr Your filing status is married filing jointly or qualifying widow(er) and your modified AGI is at least $181,000. Software for 1040nr You cannot make a Roth IRA contribution if your modified AGI is $191,000 or more. Software for 1040nr Your filing status is single, head of household, or married filing separately and you did not live with your spouse at any time in 2014 and your modified AGI is at least $114,000. Software for 1040nr You cannot make a Roth IRA contribution if your modified AGI is $129,000 or more. Software for 1040nr Your filing status is married filing separately, you lived with your spouse at any time during the year, and your modified AGI is more than -0-. Software for 1040nr You cannot make a Roth IRA contribution if your modified AGI is $10,000 or more. Software for 1040nr Reminders Future developments. Software for 1040nr  For the latest information about developments related to Publication 590, such as legislation enacted after it was published, go to www. Software for 1040nr irs. Software for 1040nr gov/pub590. Software for 1040nr Simplified employee pension (SEP). Software for 1040nr  SEP IRAs are not covered in this publication. Software for 1040nr They are covered in Publication 560, Retirement Plans for Small Business. Software for 1040nr Deemed IRAs. Software for 1040nr  A qualified employer plan (retirement plan) can maintain a separate account or annuity under the plan (a deemed IRA) to receive voluntary employee contributions. Software for 1040nr If the separate account or annuity otherwise meets the requirements of an IRA, it will be subject only to IRA rules. Software for 1040nr An employee's account can be treated as a traditional IRA or a Roth IRA. Software for 1040nr For this purpose, a “qualified employer plan” includes: A qualified pension, profit-sharing, or stock bonus plan (section 401(a) plan), A qualified employee annuity plan (section 403(a) plan), A tax-sheltered annuity plan (section 403(b) plan), and A deferred compensation plan (section 457 plan) maintained by a state, a political subdivision of a state, or an agency or instrumentality of a state or political subdivision of a state. Software for 1040nr Contributions to both traditional and Roth IRAs. Software for 1040nr  For information on your combined contribution limit if you contribute to both traditional and Roth IRAs, see Roth IRAs and traditional IRAs under How Much Can Be Contributed? in chapter 2. Software for 1040nr Statement of required minimum distribution (RMD). Software for 1040nr  If an RMD is required from your IRA, the trustee, custodian, or issuer that held the IRA at the end of the preceding year must either report the amount of the RMD to you, or offer to calculate it for you. Software for 1040nr The report or offer must include the date by which the amount must be distributed. Software for 1040nr The report is due January 31 of the year in which the minimum distribution is required. Software for 1040nr It can be provided with the year-end fair market value statement that you normally get each year. Software for 1040nr No report is required for section 403(b) contracts (generally tax-sheltered annuities) or for IRAs of owners who have died. Software for 1040nr IRA interest. Software for 1040nr  Although interest earned from your IRA is generally not taxed in the year earned, it is not tax-exempt interest. Software for 1040nr Tax on your traditional IRA is generally deferred until you take a distribution. Software for 1040nr Do not report this interest on your return as tax-exempt interest. Software for 1040nr For more information on tax-exempt interest, see the instructions for your tax return. Software for 1040nr Photographs of missing children. Software for 1040nr  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Software for 1040nr Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. Software for 1040nr You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. Software for 1040nr Introduction This publication discusses individual retirement arrangements (IRAs). Software for 1040nr An IRA is a personal savings plan that gives you tax advantages for setting aside money for retirement. Software for 1040nr What are some tax advantages of an IRA?   Two tax advantages of an IRA are that: Contributions you make to an IRA may be fully or partially deductible, depending on which type of IRA you have and on your circumstances, and Generally, amounts in your IRA (including earnings and gains) are not taxed until distributed. Software for 1040nr In some cases, amounts are not taxed at all if distributed according to the rules. Software for 1040nr What's in this publication?   This publication discusses traditional, Roth, and SIMPLE IRAs. Software for 1040nr It explains the rules for: Setting up an IRA, Contributing to an IRA, Transferring money or property to and from an IRA, Handling an inherited IRA, Receiving distributions (making withdrawals) from an IRA, and Taking a credit for contributions to an IRA. Software for 1040nr   It also explains the penalties and additional taxes that apply when the rules are not followed. Software for 1040nr To assist you in complying with the tax rules for IRAs, this publication contains worksheets, sample forms, and tables, which can be found throughout the publication and in the appendices at the back of the publication. Software for 1040nr How to use this publication. Software for 1040nr   The rules that you must follow depend on which type of IRA you have. Software for 1040nr Use Table I-1 to help you determine which parts of this publication to read. Software for 1040nr Also use Table I-1 if you were referred to this publication from instructions to a form. Software for 1040nr Comments and suggestions. Software for 1040nr   We welcome your comments about this publication and your suggestions for future editions. Software for 1040nr   You can write to us at the following address: Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. Software for 1040nr NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. Software for 1040nr Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. Software for 1040nr   You can send your comments from www. Software for 1040nr irs. Software for 1040nr gov/formspubs/. Software for 1040nr Click on “More Information” and then on “Comment on Tax Forms and Publications”. Software for 1040nr   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. Software for 1040nr Ordering forms and publications. Software for 1040nr   Visit www. Software for 1040nr irs. Software for 1040nr gov/formspubs/ to download forms and publications, call 1-800-TAX-FORM (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. Software for 1040nr Internal Revenue Service 1201 N. Software for 1040nr Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. Software for 1040nr   If you have a tax question, check the information available on IRS. Software for 1040nr gov or call 1-800-829-1040. Software for 1040nr We cannot answer tax questions sent to either of the above addresses. Software for 1040nr Useful Items - You may want to see: Publications 560 Retirement Plans for Small Business (SEP, SIMPLE, and Qualified Plans) 571 Tax-Sheltered Annuity Plans (403(b) Plans) 575 Pension and Annuity Income 939 General Rule for Pensions and Annuities Forms (and instructions) W-4P Withholding Certificate for Pension or Annuity Payments 1099-R Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. Software for 1040nr 5304-SIMPLE Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)–Not for Use With a Designated Financial Institution 5305-S SIMPLE Individual Retirement Trust Account 5305-SA SIMPLE Individual Retirement Custodial Account 5305-SIMPLE Savings Incentive Match Plan for Employees of Small Employers (SIMPLE)–for Use With a Designated Financial Institution 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts 5498 IRA Contribution Information 8606 Nondeductible IRAs 8815 Exclusion of Interest From Series EE and I U. Software for 1040nr S. Software for 1040nr Savings Bonds Issued After 1989 8839 Qualified Adoption Expenses 8880 Credit for Qualified Retirement Savings Contributions See chapter 5 for information about getting these publications and forms. Software for 1040nr Table I-1. Software for 1040nr Using This Publication IF you need information on . Software for 1040nr . Software for 1040nr . Software for 1040nr THEN see . Software for 1040nr . Software for 1040nr . Software for 1040nr traditional IRAs chapter 1. Software for 1040nr Roth IRAs chapter 2, and parts of  chapter 1. Software for 1040nr SIMPLE IRAs chapter 3. Software for 1040nr the credit for qualified retirement savings contributions (the saver's credit) chapter 4. Software for 1040nr how to keep a record of your contributions to, and distributions from, your traditional IRA(s) appendix A. Software for 1040nr SEP IRAs and 401(k) plans Publication 560. Software for 1040nr Coverdell education savings accounts (formerly called education IRAs) Publication 970. Software for 1040nr IF for 2013, you received social security benefits, had taxable compensation, contributed to a traditional IRA, and you or your spouse was covered by an employer retirement plan, and you want to. Software for 1040nr . Software for 1040nr . Software for 1040nr THEN see . Software for 1040nr . Software for 1040nr . Software for 1040nr first figure your modified adjusted gross income (AGI) appendix B, worksheet 1. Software for 1040nr then figure how much of your traditional IRA contribution you can deduct appendix B, worksheet 2. Software for 1040nr and finally figure how much of your social security is taxable appendix B, worksheet 3. Software for 1040nr Table I-2. Software for 1040nr How Are a Traditional IRA and a Roth IRA Different? This table shows the differences between traditional and Roth IRAs. Software for 1040nr Answers in the middle column apply to traditional IRAs. Software for 1040nr Answers in the right column apply to Roth IRAs. Software for 1040nr Question Answer   Traditional IRA? Roth IRA? Is there an age limit on when I can open and contribute to a Yes. Software for 1040nr You must not have reached age  70½ by the end of the year. Software for 1040nr See Who Can Open a Traditional IRA? in chapter 1. Software for 1040nr No. Software for 1040nr You can be any age. Software for 1040nr See Can You Contribute to a Roth IRA? in chapter 2. Software for 1040nr If I earned more than $5,500 in 2013 ($6,500 if I was 50 or older by the end of 2013), is there a limit on how much I can contribute to a Yes. Software for 1040nr For 2013, you can contribute to a traditional IRA up to: $5,500, or $6,500 if you were age 50 or older by the end of 2013. Software for 1040nr  There is no upper limit on how much you can earn and still contribute. Software for 1040nr See How Much Can Be Contributed? in chapter 1. Software for 1040nr Yes. Software for 1040nr For 2013, you may be able to contribute to a Roth IRA up to: $5,500, or $6,500 if you were age 50 or older by the end of 2013,  but the amount you can contribute may be less than that depending on your income, filing status, and if you contribute to another IRA. Software for 1040nr See How Much Can Be Contributed? and Table 2-1 in chapter 2. Software for 1040nr Can I deduct contributions to a Yes. Software for 1040nr You may be able to deduct your contributions to a traditional IRA depending on your income, filing status, whether you are covered by a retirement plan at work, and whether you receive social security benefits. Software for 1040nr See How Much Can You Deduct? in chapter 1. Software for 1040nr No. Software for 1040nr You can never deduct contributions to a Roth IRA. Software for 1040nr See What Is a Roth IRA? in chapter 2. Software for 1040nr Do I have to file a form just because I contribute to a Not unless you make nondeductible contributions to your traditional IRA. Software for 1040nr In that case, you must file Form 8606. Software for 1040nr See Nondeductible Contributions in chapter 1. Software for 1040nr No. Software for 1040nr You do not have to file a form if you contribute to a Roth IRA. Software for 1040nr See Contributions not reported in chapter 2. Software for 1040nr Do I have to start taking distributions when I reach a certain age from a Yes. Software for 1040nr You must begin receiving required minimum distributions by April 1 of the year following the year you reach age 70½. Software for 1040nr See When Must You Withdraw Assets? (Required Minimum Distributions) in chapter 1. Software for 1040nr No. Software for 1040nr If you are the original owner of a Roth IRA, you do not have to take distributions regardless of your age. Software for 1040nr See Are Distributions Taxable? in chapter 2. Software for 1040nr However, if you are the beneficiary of a Roth IRA, you may have to take distributions. Software for 1040nr See Distributions After Owner's Death in chapter 2. Software for 1040nr How are distributions taxed from a Distributions from a traditional IRA are taxed as ordinary income, but if you made nondeductible contributions, not all of the distribution is taxable. Software for 1040nr See Are Distributions Taxable? in chapter 1. Software for 1040nr Distributions from a Roth IRA are not taxed as long as you meet certain criteria. Software for 1040nr See Are Distributions Taxable? in chapter 2. Software for 1040nr Do I have to file a form just because I receive distributions from a Not unless you have ever made a nondeductible contribution to a traditional IRA. Software for 1040nr If you have, file Form 8606. Software for 1040nr See Nondeductible Contributions in chapter 1. Software for 1040nr Yes. Software for 1040nr File Form 8606 if you received distributions from a Roth IRA (other than a rollover, qualified charitable distribution, one-time distribution to fund an HSA, recharacterization, certain qualified distributions, or a return of certain contributions). Software for 1040nr Prev  Up  Next   Home   More Online Publications
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Software for 1040nr Publication 939 - Main Content Table of Contents General Information Taxation of Periodic PaymentsInvestment in the Contract Expected Return Computation Under the General Rule How To Use Actuarial TablesUnisex Annuity Tables Special Elections Worksheets for Determining Taxable Annuity Actuarial Tables Requesting a Ruling on Taxation of Annuity How To Get Tax HelpLow Income Taxpayer Clinics General Information Some of the terms used in this publication are defined in the following paragraphs. Software for 1040nr A pension is generally a series of payments made to you after you retire from work. Software for 1040nr Pension payments are made regularly and are for past services with an employer. Software for 1040nr An annuity is a series of payments under a contract. Software for 1040nr You can buy the contract alone or you can buy it with the help of your employer. Software for 1040nr Annuity payments are made regularly for more than one full year. Software for 1040nr Note. Software for 1040nr Distributions from pensions and annuities follow the same rules as outlined in this publication unless otherwise noted. Software for 1040nr Types of pensions and annuities. Software for 1040nr   Particular types of pensions and annuities include: Fixed period annuities. Software for 1040nr You receive definite amounts at regular intervals for a definite length of time. Software for 1040nr Annuities for a single life. Software for 1040nr You receive definite amounts at regular intervals for life. Software for 1040nr The payments end at death. Software for 1040nr Joint and survivor annuities. Software for 1040nr The first annuitant receives a definite amount at regular intervals for life. Software for 1040nr After he or she dies, a second annuitant receives a definite amount at regular intervals for life. Software for 1040nr The amount paid to the second annuitant may or may not differ from the amount paid to the first annuitant. Software for 1040nr Variable annuities. Software for 1040nr You receive payments that may vary in amount for a definite length of time or for life. Software for 1040nr The amounts you receive may depend upon such variables as profits earned by the pension or annuity funds or cost-of-living indexes. Software for 1040nr Disability pensions. Software for 1040nr You are under minimum retirement age and receive payments because you retired on disability. Software for 1040nr If, at the time of your retirement, you were permanently and totally disabled, you may be eligible for the credit for the elderly or the disabled discussed in Publication 524. Software for 1040nr If your annuity starting date is after November 18, 1996, the General Rule cannot be used for the following qualified plans. Software for 1040nr A qualified employee plan is an employer's stock bonus, pension, or profit-sharing plan that is for the exclusive benefit of employees or their beneficiaries. Software for 1040nr This plan must meet Internal Revenue Code requirements. Software for 1040nr It qualifies for special tax benefits, including tax deferral for employer contributions and rollover distributions. Software for 1040nr However, you must use the General Rule if you were 75 or over and the annuity payments are guaranteed for more than 5 years. Software for 1040nr A qualified employee annuity is a retirement annuity purchased by an employer for an employee under a plan that meets Internal Revenue Code requirements. Software for 1040nr A tax-sheltered annuity is a special annuity plan or contract purchased for an employee of a public school or tax-exempt organization. Software for 1040nr   The General Rule is used to figure the tax treatment of various types of pensions and annuities, including nonqualified employee plans. Software for 1040nr A nonqualified employee plan is an employer's plan that does not meet Internal Revenue Code requirements. Software for 1040nr It does not qualify for most of the tax benefits of a qualified plan. Software for 1040nr Annuity worksheets. Software for 1040nr   The worksheets found near the end of the text of this publication may be useful to you in figuring the taxable part of your annuity. Software for 1040nr Request for a ruling. Software for 1040nr   If you are unable to determine the income tax treatment of your pension or annuity, you may ask the Internal Revenue Service to figure the taxable part of your annuity payments. Software for 1040nr This is treated as a request for a ruling. Software for 1040nr See Requesting a Ruling on Taxation of Annuity near the end of this publication. Software for 1040nr Withholding tax and estimated tax. Software for 1040nr   Your pension or annuity is subject to federal income tax withholding unless you choose not to have tax withheld. Software for 1040nr If you choose not to have tax withheld from your pension or annuity, or if you do not have enough income tax withheld, you may have to make estimated tax payments. Software for 1040nr Taxation of Periodic Payments This section explains how the periodic payments you receive under a pension or annuity plan are taxed under the General Rule. Software for 1040nr Periodic payments are amounts paid at regular intervals (such as weekly, monthly, or yearly) for a period of time greater than one year (such as for 15 years or for life). Software for 1040nr These payments are also known as amounts received as an annuity. Software for 1040nr If you receive an amount from your plan that is a nonperiodic payment (amount not received as an annuity), see Taxation of Nonperiodic Payments in Publication 575. Software for 1040nr In general, you can recover your net cost of the pension or annuity tax free over the period you are to receive the payments. Software for 1040nr The amount of each payment that is more than the part that represents your net cost is taxable. Software for 1040nr Under the General Rule, the part of each annuity payment that represents your net cost is in the same proportion that your investment in the contract is to your expected return. Software for 1040nr These terms are explained in the following discussions. Software for 1040nr Investment in the Contract In figuring how much of your pension or annuity is taxable under the General Rule, you must figure your investment in the contract. Software for 1040nr First, find your net cost of the contract as of the annuity starting date (defined later). Software for 1040nr To find this amount, you must first figure the total premiums, contributions, or other amounts paid. Software for 1040nr This includes the amounts your employer contributed if you were required to include these amounts in income. Software for 1040nr It also includes amounts you actually contributed (except amounts for health and accident benefits and deductible voluntary employee contributions). Software for 1040nr From this total cost you subtract: Any refunded premiums, rebates, dividends, or unrepaid loans (any of which were not included in your income) that you received by the later of the annuity starting date or the date on which you received your first payment. Software for 1040nr Any additional premiums paid for double indemnity or disability benefits. Software for 1040nr Any other tax-free amounts you received under the contract or plan before the later of the dates in (1). Software for 1040nr The annuity starting date   is the later of the first day of the first period for which you receive payment under the contract or the date on which the obligation under the contract becomes fixed. Software for 1040nr Example. Software for 1040nr On January 1 you completed all your payments required under an annuity contract providing for monthly payments starting on August 1, for the period beginning July 1. Software for 1040nr The annuity starting date is July 1. Software for 1040nr This is the date you use in figuring your investment in the contract and your expected return (discussed later). Software for 1040nr Adjustments If any of the following items apply, adjust (add or subtract) your total cost to find your net cost. Software for 1040nr Foreign employment. Software for 1040nr   If you worked abroad, your cost may include contributions by your employer to the retirement plan, but only if those contributions would be excludible from your gross income had they been paid directly to you as compensation. Software for 1040nr The contributions that apply are: Contributions before 1963 by your employer, Contributions after 1962 by your employer if the contributions would be excludible from your gross income (without regard to the foreign earned income exclusion) had they been paid directly to you, or Contributions after 1996 by your employer on your behalf if you performed the services of a foreign missionary (a duly ordained, commissioned, or licensed minister of a church or a lay person) if the contributions would be excludible from your gross income had they been paid directly to you. Software for 1040nr Foreign employment contributions while a nonresident alien. Software for 1040nr   In determining your cost, special rules apply if you are a U. Software for 1040nr S. Software for 1040nr citizen or resident alien who received distributions from a plan to which contributions were made while you were a nonresident alien. Software for 1040nr Your contributions and your employer's contributions are not included in your cost if the contributions: Were made based on compensation which was for services performed outside the United States which you were a nonresident alien, and Were not subject to income tax under the laws of the United States or any foreign country, but only if the contribution would have been subject to income tax if they had been paid as cash compensation when the services were performed. Software for 1040nr Death benefit exclusion. Software for 1040nr   If you are the beneficiary of a deceased employee (or former employee), who died before August 21, 1996, you may qualify for a death benefit exclusion of up to $5,000. Software for 1040nr The beneficiary of a deceased employee who died after August 20, 1996, will not qualify for the death benefit exclusion. Software for 1040nr How to adjust your total cost. Software for 1040nr   If you are eligible, treat the amount of any allowable death benefit exclusion as additional cost paid by the employee. Software for 1040nr Add it to the cost or unrecovered cost of the annuity at the annuity starting date. Software for 1040nr See Example 3 under Computation Under General Rule for an illustration of the adjustment to the cost of the contract. Software for 1040nr Net cost. Software for 1040nr   Your total cost plus certain adjustments and minus other amounts already recovered before the annuity starting date is your net cost. Software for 1040nr This is the unrecovered investment in the contract as of the annuity starting date. Software for 1040nr If your annuity starting date is after 1986, this is the maximum amount that you may recover tax free under the contract. Software for 1040nr Refund feature. Software for 1040nr   Adjustment for the value of the refund feature is only applicable when you report your pension or annuity under the General Rule. Software for 1040nr Your annuity contract has a refund feature if: The expected return ( discussed later) of an annuity depends entirely or partly on the life of one or more individuals, The contract provides that payments will be made to a beneficiary or the estate of an annuitant on or after the death of the annuitant if a stated amount or a stated number of payments has not been paid to the annuitant or annuitants before death, and The payments are a refund of the amount you paid for the annuity contract. Software for 1040nr   If your annuity has a refund feature, you must reduce your net cost of the contract by the value of the refund feature (figured using Table III or VII at the end of this publication, also see How To Use Actuarial Tables , later) to find the investment in the contract. Software for 1040nr Zero value of refund feature. Software for 1040nr   For a joint and survivor annuity, the value of the refund feature is zero if: Both annuitants are age 74 or younger, The payments are guaranteed for less than 2½ years, and The survivor's annuity is at least 50% of the first annuitant's annuity. Software for 1040nr   For a single-life annuity without survivor benefit, the value of the refund feature is zero if: The payments are guaranteed for less than 2½ years, and The annuitant is: Age 57 or younger (if using the new (unisex) annuity tables), Age 42 or younger (if male and using the old annuity tables), or Age 47 or younger (if female and using the old annuity tables). Software for 1040nr   If you do not meet these requirements, you will have to figure the value of the refund feature, as explained in the following discussion. Software for 1040nr Examples. Software for 1040nr The first example shows how to figure the value of the refund feature when there is only one beneficiary. Software for 1040nr Example 2 shows how to figure the value of the refund feature when the contract provides, in addition to a whole life annuity, one or more temporary life annuities for the lives of children. Software for 1040nr In both examples, the taxpayer elects to use Tables V through VIII. Software for 1040nr If you need the value of the refund feature for a joint and survivor annuity, write to the Internal Revenue Service as explained under Requesting a Ruling on Taxation of Annuity near the end of this publication. Software for 1040nr Example 1. Software for 1040nr At age 65, Barbara bought for $21,053 an annuity with a refund feature. Software for 1040nr She will get $100 a month for life. Software for 1040nr Barbara's contract provides that if she does not live long enough to recover the full $21,053, similar payments will be made to her surviving beneficiary until a total of $21,053 has been paid under the contract. Software for 1040nr In this case, the contract cost and the total guaranteed return are the same ($21,053). Software for 1040nr Barbara's investment in the contract is figured as follows: Net cost $21,053 Amount to be received annually $1,200   Number of years for which payment is guaranteed ($21,053 divided by $1,200) 17. Software for 1040nr 54   Rounded to nearest whole number of years 18   Percentage from Actuarial Table VII for age 65 with 18 years of guaranteed payments 15%   Value of the refund feature (rounded to the nearest dollar)—15% of $21,053 3,158 Investment in the contract, adjusted for value of refund feature $17,895       If the total guaranteed return were less than the $21,053 net cost of the contract, Barbara would apply the appropriate percentage from the tables to the lesser amount. Software for 1040nr For example, if the contract guaranteed the $100 monthly payments for 17 years to Barbara's estate or beneficiary if she were to die before receiving all the payments for that period, the total guaranteed return would be $20,400 ($100 × 12 × 17 years). Software for 1040nr In this case, the value of the refund feature would be $2,856 (14% of $20,400) and Barbara's investment in the contract would be $18,197 ($21,053 minus $2,856) instead of $17,895. Software for 1040nr Example 2. Software for 1040nr John died while still employed. Software for 1040nr His widow, Eleanor, age 48, receives $171 a month for the rest of her life. Software for 1040nr John's son, Elmer, age 9, receives $50 a month until he reaches age 18. Software for 1040nr John's contributions to the retirement fund totaled $7,559. Software for 1040nr 45, with interest on those contributions of $1,602. Software for 1040nr 53. Software for 1040nr The guarantee or total refund feature of the contract is $9,161. Software for 1040nr 98 ($7,559. Software for 1040nr 45 plus $1,602. Software for 1040nr 53). Software for 1040nr The adjustment in the investment in the contract is figured as follows: A) Expected return:*       1) Widow's expected return:         Annual annuity ($171 × 12) $2,052       Multiplied by factor from Table V         (nearest age 48) 34. Software for 1040nr 9 $71,614. Software for 1040nr 80   2) Child's expected return:         Annual annuity ($50 × 12) $600       Multiplied by factor from         Table VIII (nearest age 9         for term of 9 years) 9. Software for 1040nr 0 5,400. Software for 1040nr 00   3) Total expected return   $77,014. Software for 1040nr 80 B) Adjustment for refund feature:       1) Contributions (net cost) $7,559. Software for 1040nr 45   2) Guaranteed amount (contributions of $7,559. Software for 1040nr 45 plus interest of $1,602. Software for 1040nr 53) $9,161. Software for 1040nr 98   3) Minus: Expected return under child's (temporary life) annuity (A(2)) 5,400. Software for 1040nr 00   4) Net guaranteed amount $3,761. Software for 1040nr 98   5) Multiple from Table VII (nearest age 48 for 2 years duration (recovery of $3,761. Software for 1040nr 98 at $171 a month to nearest whole year)) 0%   6) Adjustment required for value of refund feature rounded to the nearest whole dollar  (0% × $3,761. Software for 1040nr 98, the smaller of B(3) or B(6)) 0 *Expected return is the total amount you and other eligible annuitants can expect to receive under the contract. Software for 1040nr See the discussion of expected return, later in this publication. Software for 1040nr Free IRS help. Software for 1040nr   If you need to request assistance to figure the value of the refund feature, see Requesting a Ruling on Taxation of Annuity near the end of this publication. Software for 1040nr Expected Return Your expected return is the total amount you and other eligible annuitants can expect to receive under the contract. Software for 1040nr The following discussions explain how to figure the expected return with each type of annuity. Software for 1040nr A person's age, for purposes of figuring the expected return, is the age at the birthday nearest to the annuity starting date. Software for 1040nr Fixed period annuity. Software for 1040nr   If you will get annuity payments for a fixed number of years, without regard to your life expectancy, you must figure your expected return based on that fixed number of years. Software for 1040nr It is the total amount you will get beginning at the annuity starting date. Software for 1040nr You will receive specific periodic payments for a definite period of time, such as a fixed number of months (but not less than 13). Software for 1040nr To figure your expected return, multiply the fixed number of months for which payments are to be made by the amount of the payment specified for each period. Software for 1040nr Single life annuity. Software for 1040nr   If you are to get annuity payments for the rest of your life, find your expected return as follows. Software for 1040nr You must multiply the amount of the annual payment by a multiple based on your life expectancy as of the annuity starting date. Software for 1040nr These multiples are set out in actuarial Tables I and V near the end of this publication (see How To Use Actuarial Tables , later). Software for 1040nr   You may need to adjust these multiples if the payments are made quarterly, semiannually, or annually. Software for 1040nr See Adjustments to Tables I, II, V, VI, and VIA following Table I. Software for 1040nr Example. Software for 1040nr Henry bought an annuity contract that will give him an annuity of $500 a month for his life. Software for 1040nr If at the annuity starting date Henry's nearest birthday is 66, the expected return is figured as follows: Annual payment ($500 × 12 months) $6,000 Multiple shown in Table V, age 66 × 19. Software for 1040nr 2 Expected return $115,200 If the payments were to be made to Henry quarterly and the first payment was made one full month after the annuity starting date, Henry would adjust the 19. Software for 1040nr 2 multiple by +. Software for 1040nr 1. Software for 1040nr His expected return would then be $115,800 ($6,000 × 19. Software for 1040nr 3). Software for 1040nr Annuity for shorter of life or specified period. Software for 1040nr   With this type of annuity, you are to get annuity payments either for the rest of your life or until the end of a specified period, whichever period is shorter. Software for 1040nr To figure your expected return, multiply the amount of your annual payment by a multiple in Table IV or VIII for temporary life annuities. Software for 1040nr Find the proper multiple based on your sex (if using Table IV), your age at the annuity starting date, and the nearest whole number of years in the specified period. Software for 1040nr Example. Software for 1040nr Harriet purchased an annuity this year that will pay her $200 each month for five years or until she dies, whichever period is shorter. Software for 1040nr She was age 65 at her birthday nearest the annuity starting date. Software for 1040nr She figures the expected return as follows: Annual payment ($200 × 12 months) $2,400 Multiple shown in Table VIII, age 65, 5-year term × 4. Software for 1040nr 9 Expected return $11,760 She uses Table VIII (not Table IV) because all her contributions were made after June 30, 1986. Software for 1040nr See Special Elections, later. Software for 1040nr Joint and survivor annuities. Software for 1040nr   If you have an annuity that pays you a periodic income for life and after your death provides an identical lifetime periodic income to your spouse (or some other person), you figure the expected return based on your combined life expectancies. Software for 1040nr To figure the expected return, multiply the annual payment by a multiple in Table II or VI based on your joint life expectancies. Software for 1040nr If your payments are made quarterly, semiannually, or annually, you may need to adjust these multiples. Software for 1040nr See Adjustments to Tables I, II, V, VI, and VIA following Table I near the end of this publication. Software for 1040nr Example. Software for 1040nr John bought a joint and survivor annuity providing payments of $500 a month for his life, and, after his death, $500 a month for the remainder of his wife's life. Software for 1040nr At John's annuity starting date, his age at his nearest birthday is 70 and his wife's at her nearest birthday is 67. Software for 1040nr The expected return is figured as follows: Annual payment ($500 × 12 months) $6,000 Multiple shown in Table VI, ages 67 and 70 × 22. Software for 1040nr 0 Expected return $132,000 Different payments to survivor. Software for 1040nr   If your contract provides that payments to a survivor annuitant will be different from the amount you receive, you must use a computation which accounts for both the joint lives of the annuitants and the life of the survivor. Software for 1040nr Example 1. Software for 1040nr Gerald bought a contract providing for payments to him of $500 a month for life and, after his death, payments to his wife, Mary, of $350 a month for life. Software for 1040nr If, at the annuity starting date, Gerald's nearest birthday is 70 and Mary's is 67, the expected return under the contract is figured as follows: Combined multiple for Gerald and Mary, ages 70 and 67 (from Table VI)   22. Software for 1040nr 0 Multiple for Gerald, age 70 (from Table V)   16. Software for 1040nr 0 Difference: Multiple applicable to Mary   6. Software for 1040nr 0 Gerald's annual payment ($500 × 12) $6,000   Gerald's multiple 16. Software for 1040nr 0   Gerald's expected return   $96,000 Mary's annual payment ($350 × 12) $4,200   Mary's multiple 6. Software for 1040nr 0   Mary's expected return   25,200 Total expected return under the contract   $121,200 Example 2. Software for 1040nr Your husband died while still employed. Software for 1040nr Under the terms of his employer's retirement plan, you are entitled to get an immediate annuity of $400 a month for the rest of your life or until you remarry. Software for 1040nr Your daughters, Marie and Jean, are each entitled to immediate temporary life annuities of $150 a month until they reach age 18. Software for 1040nr You were 50 years old at the annuity starting date. Software for 1040nr Marie was 16 and Jean was 14. Software for 1040nr Using the multiples shown in Tables V and VIII at the end of this publication, the total expected return on the annuity starting date is $169,680, figured as follows: Widow, age 50 (multiple from Table V—33. Software for 1040nr 1 × $4,800 annual payment) $158,880 Marie, age 16 for 2 years duration (multiple from Table VIII—2. Software for 1040nr 0 × $1,800 annual payment) 3,600 Jean, age 14 for 4 years duration (multiple from Table VIII—4. Software for 1040nr 0 × $1,800 annual payment) 7,200 Total expected return $169,680 No computation of expected return is made based on your husband's age at the date of death because he died before the annuity starting date. Software for 1040nr Computation Under the General Rule Note. Software for 1040nr Variable annuities use a different computation for determining the exclusion amounts. Software for 1040nr See Variable annuities later. Software for 1040nr Under the General Rule, you figure the taxable part of your annuity by using the following steps: Step 1. Software for 1040nr   Figure the amount of your investment in the contract, including any adjustments for the refund feature and the death benefit exclusion, if applicable. Software for 1040nr See Death benefit exclusion , earlier. Software for 1040nr Step 2. Software for 1040nr   Figure your expected return. Software for 1040nr Step 3. Software for 1040nr   Divide Step 1 by Step 2 and round to three decimal places. Software for 1040nr This will give you the exclusion percentage. Software for 1040nr Step 4. Software for 1040nr   Multiply the exclusion percentage by the first regular periodic payment. Software for 1040nr The result is the tax-free part of each pension or annuity payment. Software for 1040nr   The tax-free part remains the same even if the total payment increases due to variation in the annuity amount such as cost of living increases, or you outlive the life expectancy factor used. Software for 1040nr However, if your annuity starting date is after 1986, the total amount of annuity income that is tax free over the years cannot exceed your net cost. Software for 1040nr   Each annuitant applies the same exclusion percentage to his or her initial payment called for in the contract. Software for 1040nr Step 5. Software for 1040nr   Multiply the tax-free part of each payment (step 4) by the number of payments received during the year. Software for 1040nr This will give you the tax-free part of the total payment for the year. Software for 1040nr    In the first year of your annuity, your first payment or part of your first payment may be for a fraction of the payment period. Software for 1040nr This fractional amount is multiplied by your exclusion percentage to get the tax-free part. Software for 1040nr Step 6. Software for 1040nr   Subtract the tax-free part from the total payment you received. Software for 1040nr The rest is the taxable part of your pension or annuity. Software for 1040nr Example 1. Software for 1040nr You purchased an annuity with an investment in the contract of $10,800. Software for 1040nr Under its terms, the annuity will pay you $100 a month for life. Software for 1040nr The multiple for your age (age 65) is 20. Software for 1040nr 0 as shown in Table V. Software for 1040nr Your expected return is $24,000 (20 × 12 × $100). Software for 1040nr Your cost of $10,800, divided by your expected return of $24,000, equals 45. Software for 1040nr 0%. Software for 1040nr This is the percentage you will not have to include in income. Software for 1040nr Each year, until your net cost is recovered, $540 (45% of $1,200) will be tax free and you will include $660 ($1,200 − $540) in your income. Software for 1040nr If you had received only six payments of $100 ($600) during the year, your exclusion would have been $270 (45% of $100 × 6 payments). Software for 1040nr Example 2. Software for 1040nr Gerald bought a joint and survivor annuity. Software for 1040nr Gerald's investment in the contract is $62,712 and the expected return is $121,200. Software for 1040nr The exclusion percentage is 51. Software for 1040nr 7% ($62,712 ÷ $121,200). Software for 1040nr Gerald will receive $500 a month ($6,000 a year). Software for 1040nr Each year, until his net cost is recovered, $3,102 (51. Software for 1040nr 7% of his total payments received of $6,000) will be tax free and $2,898 ($6,000 − $3,102) will be included in his income. Software for 1040nr If Gerald dies, his wife will receive $350 a month ($4,200 a year). Software for 1040nr If Gerald had not recovered all of his net cost before his death, his wife will use the same exclusion percentage (51. Software for 1040nr 7%). Software for 1040nr Each year, until the entire net cost is recovered, his wife will receive $2,171. Software for 1040nr 40 (51. Software for 1040nr 7% of her payments received of $4,200) tax free. Software for 1040nr She will include $2,028. Software for 1040nr 60 ($4,200 − $2,171. Software for 1040nr 40) in her income tax return. Software for 1040nr Example 3. Software for 1040nr Using the same facts as Example 2 under Different payments to survivor, you are to receive an annual annuity of $4,800 until you die or remarry. Software for 1040nr Your two daughters each receive annual annuities of $1,800 until they reach age 18. Software for 1040nr Your husband contributed $25,576 to the plan. Software for 1040nr You are eligible for the $5,000 death benefit exclusion because your husband died before August 21, 1996. Software for 1040nr Adjusted Investment in the Contract Contributions $25,576 Plus: Death benefit exclusion 5,000 Adjusted investment in the contract $30,576 The total expected return, as previously figured (in Example 2 under Different payments to survivor), is $169,680. Software for 1040nr The exclusion percentage of 18. Software for 1040nr 0% ($30,576 ÷ $169,680) applies to the annuity payments you and each of your daughters receive. Software for 1040nr Each full year $864 (18. Software for 1040nr 0% × $4,800) will be tax free to you, and you must include $3,936 in your income tax return. Software for 1040nr Each year, until age 18, $324 (18. Software for 1040nr 0% × $1,800) of each of your daughters' payments will be tax free and each must include the balance, $1,476, as income on her own income tax return. Software for 1040nr Part-year payments. Software for 1040nr   If you receive payments for only part of a year, apply the exclusion percentage to the first regular periodic payment, and multiply the result by the number of payments received during the year. Software for 1040nr   If you receive amounts during the year that represent 12 payments, one for each month in that year, and an amount that represents payments for months in a prior year, apply the exclusion percentage to the first regular periodic payment, and multiply the result by the number of payments the amounts received represent. Software for 1040nr For instance, if you received amounts during the year that represent the 12 payments for that year plus an amount that represents three payments for a prior year, multiply that amount by the 15 (12 + 3) payments received that the year. Software for 1040nr   If you received a fractional payment, follow Step 5, discussed earlier. Software for 1040nr This gives you the tax-free part of your total payment. Software for 1040nr Example. Software for 1040nr On September 28, Mary bought an annuity contract for $22,050 that will give her $125 a month for life, beginning October 30. Software for 1040nr The applicable multiple from Table V is 23. Software for 1040nr 3 (age 61). Software for 1040nr Her expected return is $34,950 ($125 × 12 × 23. Software for 1040nr 3). Software for 1040nr Mary's investment in the contract of $22,050, divided by her expected return of $34,950, equals 63. Software for 1040nr 1%. Software for 1040nr Each payment received will consist of 63. Software for 1040nr 1% return of cost and 36. Software for 1040nr 9% taxable income, until her net cost of the contract is fully recovered. Software for 1040nr During the first year, Mary received three payments of $125, or $375, of which $236. Software for 1040nr 63 (63. Software for 1040nr 1% × $375) is a return of cost. Software for 1040nr The remaining $138. Software for 1040nr 37 is included in income. Software for 1040nr Increase in annuity payments. Software for 1040nr   The tax-free amount remains the same as the amount figured at the annuity starting date, even if the payment increases. Software for 1040nr All increases in the installment payments are fully taxable. Software for 1040nr   However, if your annuity payments are scheduled to increase at a definite date in the future you must figure the expected return for that annuity using the method described in section 1. Software for 1040nr 72-5(a)(5) of the regulations. Software for 1040nr Example. Software for 1040nr Joe's wife died while she was still employed and, as her beneficiary, he began receiving an annuity of $147 per month. Software for 1040nr In figuring the taxable part, Joe elects to use Tables V through VIII. Software for 1040nr The cost of the contract was $7,938, consisting of the sum of his wife's net contributions, adjusted for any refund feature. Software for 1040nr His expected return as of the annuity starting date is $35,280 (age 65, multiple of 20. Software for 1040nr 0 × $1,764 annual payment). Software for 1040nr The exclusion percentage is $7,938 ÷ $35,280, or 22. Software for 1040nr 5%. Software for 1040nr During the year he received 11 monthly payments of $147, or $1,617. Software for 1040nr Of this amount, 22. Software for 1040nr 5% × $147 × 11 ($363. Software for 1040nr 83) is tax free as a return of cost and the balance of $1,253. Software for 1040nr 17 is taxable. Software for 1040nr Later, because of a cost-of-living increase, his annuity payment was increased to $166 per month, or $1,992 a year (12 × $166). Software for 1040nr The tax-free part is still only 22. Software for 1040nr 5% of the annuity payments as of the annuity starting date (22. Software for 1040nr 5% × $147 × 12 = $396. Software for 1040nr 90 for a full year). Software for 1040nr The increase of $228 ($1,992 − $1,764 (12 × $147)) is fully taxable. Software for 1040nr Variable annuities. Software for 1040nr   For variable annuity payments, figure the amount of each payment that is tax free by dividing your investment in the contract (adjusted for any refund feature) by the total number of periodic payments you expect to get under the contract. Software for 1040nr   If the annuity is for a definite period, you determine the total number of payments by multiplying the number of payments to be made each year by the number of years you will receive payments. Software for 1040nr If the annuity is for life, you determine the total number of payments by using a multiple from the appropriate actuarial table. Software for 1040nr Example. Software for 1040nr Frank purchased a variable annuity at age 65. Software for 1040nr The total cost of the contract was $12,000. Software for 1040nr The annuity starting date is January 1 of the year of purchase. Software for 1040nr His annuity will be paid, starting July 1, in variable annual installments for his life. Software for 1040nr The tax-free amount of each payment, until he has recovered his cost of his contract, is: Investment in the contract $12,000 Number of expected annual payments (multiple for age 65 from Table V) 20 Tax-free amount of each payment ($12,000 ÷ 20) $600 If Frank's first payment is $920, he includes only $320 ($920 − $600) in his gross income. Software for 1040nr   If the tax-free amount for a year is more than the payments you receive in that year, you may choose, when you receive the next payment, to refigure the tax-free part. Software for 1040nr Divide the amount of the periodic tax-free part that is more than the payment you received by the remaining number of payments you expect. Software for 1040nr The result is added to the previously figured periodic tax-free part. Software for 1040nr The sum is the amount of each future payment that will be tax free. Software for 1040nr Example. Software for 1040nr Using the facts of the previous example about Frank, assume that after Frank's $920 payment, he received $500 in the following year, and $1,200 in the year after that. Software for 1040nr Frank does not pay tax on the $500 (second year) payment because $600 of each annual pension payment is tax free. Software for 1040nr Since the $500 payment is less than the $600 annual tax-free amount, he may choose to refigure his tax-free part when he receives his $1,200 (third year) payment, as follows: Amount tax free in second year $600. Software for 1040nr 00 Amount received in second year 500. Software for 1040nr 00 Difference $100. Software for 1040nr 00 Number of remaining payments after the first 2 payments (age 67, from Table V) 18. Software for 1040nr 4 Amount to be added to previously determined annual tax-free part ($100 ÷ 18. Software for 1040nr 4) $5. Software for 1040nr 43 Revised annual tax-free part for third and later years ($600 + $5. Software for 1040nr 43) $605. Software for 1040nr 43 Amount taxable in third year ($1,200 − $605. Software for 1040nr 43) $594. Software for 1040nr 57 If you choose to refigure your tax-free amount,   you must file a statement with your income tax return stating that you are refiguring the tax-free amount in accordance with the rules of section 1. Software for 1040nr 72–4(d)(3) of the Income Tax Regulations. Software for 1040nr The statement must also show the following information: The annuity starting date and your age on that date. Software for 1040nr The first day of the first period for which you received an annuity payment in the current year. Software for 1040nr Your investment in the contract as originally figured. Software for 1040nr The total of all amounts received tax free under the annuity from the annuity starting date through the first day of the first period for which you received an annuity payment in the current tax year. Software for 1040nr Exclusion Limits Your annuity starting date determines the total amount of annuity income that you can exclude from income over the years. Software for 1040nr Exclusion limited to net cost. Software for 1040nr   If your annuity starting date is after 1986, the total amount of annuity income that you can exclude over the years as a return of your cost cannot exceed your net cost (figured without any reduction for a refund feature). Software for 1040nr This is the unrecovered investment in the contract as of the annuity starting date. Software for 1040nr   If your annuity starting date is after July 1, 1986, any unrecovered net cost at your (or last annuitant's) death is allowed as a miscellaneous itemized deduction on the final return of the decedent. Software for 1040nr This deduction is not subject to the 2%-of-adjusted-gross-income limit. Software for 1040nr Example 1. Software for 1040nr Your annuity starting date is after 1986. Software for 1040nr Your total cost is $12,500, and your net cost is $10,000, taking into account certain adjustments. Software for 1040nr There is no refund feature. Software for 1040nr Your monthly annuity payment is $833. Software for 1040nr 33. Software for 1040nr Your exclusion ratio is 12% and you exclude $100 a month. Software for 1040nr Your exclusion ends after 100 months, when you have excluded your net cost of $10,000. Software for 1040nr Thereafter, your annuity payments are fully taxable. Software for 1040nr Example 2. Software for 1040nr The facts are the same as in Example 1, except that there is a refund feature, and you die after 5 years with no surviving annuitant. Software for 1040nr The adjustment for the refund feature is $1,000, so the investment in the contract is $9,000. Software for 1040nr The exclusion ratio is 10. Software for 1040nr 8%, and your monthly exclusion is $90. Software for 1040nr After 5 years (60 months), you have recovered tax free only $5,400 ($90 x 60). Software for 1040nr An itemized deduction for the unrecovered net cost of $4,600 ($10,000 net cost minus $5,400) may be taken on your final income tax return. Software for 1040nr Your unrecovered investment is determined without regard to the refund feature adjustment, discussed earlier, under Adjustments. Software for 1040nr Exclusion not limited to net cost. Software for 1040nr   If your annuity starting date was before 1987, you could continue to take your monthly exclusion for as long as you receive your annuity. Software for 1040nr If you choose a joint and survivor annuity, your survivor continues to take the survivor's exclusion figured as of the annuity starting date. Software for 1040nr The total exclusion may be more than your investment in the contract. Software for 1040nr How To Use Actuarial Tables In figuring, under the General Rule, the taxable part of your annuity payments that you are to get for the rest of your life (rather than for a fixed number of years), you must use one or more of the actuarial tables in this publication. Software for 1040nr Unisex Annuity Tables Effective July 1, 1986, the Internal Revenue Service adopted new annuity Tables V through VIII, in which your sex is not considered when determining the applicable factor. Software for 1040nr These tables correspond to the old Tables I through IV. Software for 1040nr In general, Tables V through VIII must be used if you made contributions to the retirement plan after June 30, 1986. Software for 1040nr If you made no contributions to the plan after June 30, 1986, generally you must use only Tables I through IV. Software for 1040nr However, if you received an annuity payment after June 30, 1986, you may elect to use Tables V through VIII (see Annuity received after June 30, 1986, later). Software for 1040nr Special Elections Although you generally must use Tables V through VIII if you made contributions to the retirement plan after June 30, 1986, and Tables I through IV if you made no contributions after June 30, 1986, you can make the following special elections to select which tables to use. Software for 1040nr Contributions made both before July 1986 and after June 1986. Software for 1040nr   If you made contributions to the retirement plan both before July 1986 and after June 1986, you may elect to use Tables I through IV for the pre-July 1986 cost of the contract, and Tables V through VIII for the post-June 1986 cost. Software for 1040nr (See the examples below. Software for 1040nr )    Making the election. Software for 1040nr Attach this statement to your income tax return for the first year in which you receive an annuity:    “I elect to apply the provisions of paragraph (d) of section 1. Software for 1040nr 72–6 of the Income Tax Regulations. Software for 1040nr ”   The statement must also include your name, address, social security number, and the amount of the pre-July 1986 investment in the contract. Software for 1040nr   If your investment in the contract includes post-June 1986 contributions to the plan, and you do not make the election to use Tables I through IV and Tables V through VIII, then you can only use Tables V through VIII in figuring the taxable part of your annuity. Software for 1040nr You must also use Tables V through VIII if you are unable or do not wish to determine the portions of your contributions which were made before July 1, 1986, and after June 30, 1986. Software for 1040nr    Advantages of election. Software for 1040nr In general, a lesser amount of each annual annuity payment is taxable if you separately figure your exclusion ratio for pre-July 1986 and post-June 1986 contributions. Software for 1040nr    If you intend to make this election, save your records that substantiate your pre-July 1986 and post-June 1986 contributions. Software for 1040nr If the death benefit exclusion applies (see discussion, earlier), you do not have to apportion it between the pre-July 1986 and the post-June 1986 investment in the contract. Software for 1040nr   The following examples illustrate the separate computations required if you elect to use Tables I through IV for your pre-July 1986 investment in the contract and Tables V through VIII for your post-June 1986 investment in the contract. Software for 1040nr Example 1. Software for 1040nr Bill, who is single, contributed $42,000 to the retirement plan and will receive an annual annuity of $24,000 for life. Software for 1040nr Payment of the $42,000 contribution is guaranteed under a refund feature. Software for 1040nr Bill is 55 years old as of the annuity starting date. Software for 1040nr For figuring the taxable part of Bill's annuity, he chose to make separate computations for his pre-July 1986 investment in the contract of $41,300, and for his post-June 1986 investment in the contract of $700. Software for 1040nr       Pre- July 1986   Post- June 1986 A. Software for 1040nr Adjustment for refund feature         1) Net cost $41,300   $700   2) Annual annuity—$24,000  ($41,300/$42,000 × $24,000) $23,600       ($700/$42,000 × $24,000)     $400   3) Guarantee under contract $41,300   $700   4) No. Software for 1040nr of years payments  guaranteed (rounded), A(3) ÷ A(2) 2   2   5) Applicable percentage from  Tables III and VII 1%   0%   6) Adjustment for value of refund  feature, A(5) × smaller of A(1)  or A(3) $413   $0 B. Software for 1040nr Investment in the contract         1) Net cost $41,300   $700   2) Minus: Amount in A(6) 413   0   3) Investment in the contract $40,887   $700 C. Software for 1040nr Expected return         1) Annual annuity receivable $24,000   $24,000   2) Multiples from Tables I and V 21. Software for 1040nr 7   28. Software for 1040nr 6   3) Expected return, C(1) × C(2) $520,800   $686,400 D. Software for 1040nr Tax-free part of annuity         1) Exclusion ratio as decimal,  B(3) ÷ C(3) . Software for 1040nr 079   . Software for 1040nr 001   2) Tax-free part, C(1) × D(1) $1,896   $24 The tax-free part of Bill's total annuity is $1,920 ($1,896 plus $24). Software for 1040nr The taxable part of his annuity is $22,080 ($24,000 minus $1,920). Software for 1040nr If the annuity starting date is after 1986, the exclusion over the years cannot exceed the net cost (figured without any reduction for a refund feature). Software for 1040nr Example 2. Software for 1040nr Al is age 62 at his nearest birthday to the annuity starting date. Software for 1040nr Al's wife is age 60 at her nearest birthday to the annuity starting date. Software for 1040nr The joint and survivor annuity pays $1,000 per month to Al for life, and $500 per month to Al's surviving wife after his death. Software for 1040nr The pre-July 1986 investment in the contract is $53,100 and the post-June 1986 investment in the contract is $7,000. Software for 1040nr Al makes the election described in Example 1 . Software for 1040nr For purposes of this example, assume the refund feature adjustment is zero. Software for 1040nr If an adjustment is required, IRS will figure the amount. Software for 1040nr See Requesting a Ruling on Taxation of Annuity near the end of this publication. Software for 1040nr       Pre-  July 1986   Post-  June 1986 A. Software for 1040nr Adjustment for refund feature         1) Net cost $53,100   $7,000   2) Annual annuity—$12,000  ($53,100/$60,100 × $12,000) $10,602       ($7,000/$60,100 × $12,000)     $1,398   3) Guaranteed under the contract $53,100   $7,000   4) Number of years guaranteed,  rounded, A(3) ÷ A(2) 5   5   5) Applicable percentages 0%   0%   6) Refund feature adjustment, A(5) × smaller of A(1) or A(3) 0   0 B. Software for 1040nr Investment in the contract         1) Net cost $53,100   $7,000   2) Refund feature adjustment 0   0   3) Investment in the contract adjusted for refund feature $53,100   $7,000 C. Software for 1040nr Expected return         1) Multiple for both annuitants from Tables II and VI 25. Software for 1040nr 4   28. Software for 1040nr 8   2) Multiple for first annuitant from Tables I and V 16. Software for 1040nr 9   22. Software for 1040nr 5   3) Multiple applicable to surviving annuitant, subtract C(2) from C(1) 8. Software for 1040nr 5   6. Software for 1040nr 3   4) Annual annuity to surviving annuitant $6,000   $6,000   5) Portion of expected return for surviving annuitant, C(4) × C(3) $51,000   $37,800   6) Annual annuity to first annuitant $12,000   $12,000   7) Plus: Portion of expected return for first annuitant, C(6) × C(2) $202,800   $270,000   8) Expected return for both annuitants, C(5) + C(7) $253,800   $307,800 D. Software for 1040nr Tax-free part of annuity         1) Exclusion ratio as a decimal, B(3) ÷ C(8) . Software for 1040nr 209   . Software for 1040nr 023   2) Retiree's tax-free part of annuity, C(6) × D(1) $2,508   $276   3) Survivor's tax-free part of annuity, C(4) × D(1) $1,254   $138 The tax-free part of Al's total annuity is $2,784 ($2,508 + $276). Software for 1040nr The taxable part of his annuity is $9,216 ($12,000 − $2,784). Software for 1040nr The exclusion over the years cannot exceed the net cost of the contract (figured without any reduction for a refund feature) if the annuity starting date is after 1986. Software for 1040nr After Al's death, his widow will apply the same exclusion percentages (20. Software for 1040nr 9% and 2. Software for 1040nr 3%) to her annual annuity of $6,000 to figure the tax-free part of her annuity. Software for 1040nr Annuity received after June 30, 1986. Software for 1040nr   If you receive an annuity payment after June 30, 1986, (regardless of your annuity starting date), you may elect to treat the entire cost of the contract as post-June 1986 cost (even if you made no post-June 1986 contributions to the plan) and use Tables V through VIII. Software for 1040nr Once made, you cannot revoke the election, which will apply to all payments during the year and in any later year. Software for 1040nr    Make the election by attaching the following statement to your income tax return. Software for 1040nr    “I elect, under section 1. Software for 1040nr 72–9 of the Income Tax Regulations, to treat my entire cost of the contract as a post-June 1986 cost of the plan. Software for 1040nr ”   The statement must also include your name, address, and social security number. Software for 1040nr   You should also indicate you are making this election if you are unable or do not wish to determine the parts of your contributions which were made before July 1, 1986, and after June 30, 1986. Software for 1040nr Disqualifying form of payment or settlement. Software for 1040nr   If your annuity starting date is after June 30, 1986, and the contract provides for a disqualifying form of payment or settlement, such as an option to receive a lump sum in full discharge of the obligation under the contract, the entire investment in the contract is treated as post-June 1986 investment in the contract. Software for 1040nr See regulations section 1. Software for 1040nr 72–6(d)(3) for additional examples of disqualifying forms of payment or settlement. Software for 1040nr You can find the Income Tax Regulations in many libraries and at Internal Revenue Service Offices. Software for 1040nr Worksheets for Determining Taxable Annuity Worksheets I and II. Software for 1040nr   Worksheets I and II follow for determining your taxable annuity under Regulations Section 1. Software for 1040nr 72–6(d)(6) Election. Software for 1040nr Worksheet I For Determining Taxable Annuity Under Regulations Section 1. Software for 1040nr 72-6(d)(6) Election For Single Annuitant With No Survivor Annuity               Pre-July 1986   Post-June 1986 A. Software for 1040nr   Refund Feature Adjustment             1)   Net cost (total cost less returned premiums, dividends, etc. Software for 1040nr )             2)   Annual annuity allocation:                   Portion of net cost in A(1) x annual annuity                   Net cost             3)   Guaranteed under the contract             4)   Number of years guaranteed, rounded to whole years:                   A(3) divided by A(2)             5)   Applicable percentages* from Tables III and VII                   *If your annuity meets the three conditions listed in Zero value of refund feature in Investment in the Contract, earlier, both percentages are 0. Software for 1040nr If not, the IRS will calculate the refund feature percentage. Software for 1040nr             6)   Refund feature adjustment:                   A(5) times lesser of A(1) or A(3)                             B. Software for 1040nr   Investment in the Contract             1)   Net cost:                   A(1)             2)   Refund feature adjustment:                   A(6)             3)   Investment in the contract adjusted for refund feature:                   B(1) minus B(2)                             C. Software for 1040nr   Expected Return             1)   Annual Annuity:                   12 times monthly annuity**             2)   Expected return multiples from Tables I and V             3)     Expected return:                   C(1) times C(2)                             D. Software for 1040nr   Tax-Free Part of Annuity             1)     Exclusion ratio, as a decimal rounded to 3 places:                   B(3) divided by C(3)             2)     Tax-free part of annuity:                   C(1) times D(1)             **If the annuity is not paid monthly, figure the amount to enter by using the total number of periodic payments for the year times the amount of the periodic payment. Software for 1040nr     Worksheet II For Determining Taxable Annuity Under Regulations Section 1. Software for 1040nr 72-6(d)(6) Election For Joint and Survivor Annuity               Pre-July 1986   Post-June 1986 A. Software for 1040nr   Refund Feature Adjustment             1)   Net cost (total cost less returned premiums, dividends, etc. Software for 1040nr )             2)   Annual annuity allocation:                   Portion of net cost in A(1) x annual annuity                   Net cost             3)   Guaranteed under the contract             4)     Number of years guaranteed, rounded to whole years:                   A(3) divided by A(2)             5)   Applicable percentages*                   *If your annuity meets the three conditions listed in Zero value of refund feature in Investment in the Contract, earlier, both percentages are 0. Software for 1040nr If not, the IRS will calculate the refund feature percentage. Software for 1040nr             6)   Refund feature adjustment:                   A(5) times lesser of A(1) or A(3)                             B. Software for 1040nr   Investment in the Contract             1)   Net cost:                   A(1)             2)   Refund feature adjustment:                   A(6)             3)   Investment in the contract adjusted for refund future:                   B(1) minus B(2)                             C. Software for 1040nr   Expected Return             1)   Multiples for both annuitants, Tables II and VI             2)   Multiple for retiree. Software for 1040nr Tables I and VI             3)   Multiple for survivor:                   C(1) minus C(2)             4)   Annual annuity to survivor:                   12 times potential monthly rate for survivor**             5)   Expected return for survivor:                   C(3) times C(4)             6)   Annual annuity to retiree:                   12 times monthly rate for retiree**             7)   Expected return for retiree:                   C(2) times C(6)             8)   Total expected return:                   C(5) plus C(7)                             D. Software for 1040nr   Tax-Free Part of Annuity             1)   Exclusion ratio, as a decimal rounded to 3 places:                   B(3) divided by C(8)             2)   Retiree's tax-free part of annuity:                   C(6) times D(1)             3)   Survivor's tax-free part of annuity, if surviving after death of retiree:                   C(4) times D(1)             **If the annuity is not paid monthly, figure the amount to enter by using the total number of periodic payments for the year times the amount of the periodic payment. Software for 1040nr   Actuarial Tables Please click here for the text description of the image. Software for 1040nr Actuarial Tables Please click here for the text description of the image. Software for 1040nr Actuarial Tables Please click here for the text description of the image. Software for 1040nr Actuarial tables Please click here for the text description of the image. 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Software for 1040nr Actuarial tables Requesting a Ruling on Taxation of Annuity If you are a retiree, or the survivor of an employee or retiree, you may ask the Internal Revenue Service to help you determine the taxation of your annuity. Software for 1040nr If you make this request, you are asking for a ruling. Software for 1040nr User fee. Software for 1040nr   Under the law in effect at the time this publication went to print, the IRS must charge a user fee for all ruling requests. Software for 1040nr You should call the IRS for the proper fee. Software for 1040nr A request solely for the value of the refund feature is not treated as a ruling request and requires no fee. Software for 1040nr Send your request to:     Internal Revenue Service  Attention: EP Letter Rulings P. Software for 1040nr O. Software for 1040nr Box 27063 McPherson Station Washington, DC 20038 The user fee is allowed as a miscellaneous itemized deduction, subject to the 2%-of-adjusted-gross-income limit. Software for 1040nr When to make the request. Software for 1040nr   Please note that requests sent between February 1 and April 15 may experience some delay. Software for 1040nr We process requests in the order received, and we will reply to your request as soon as we can process it. Software for 1040nr If you do not receive your ruling by the required filing date, you may use Form 4868, Application for Automatic Extension of Time To File U. Software for 1040nr S. Software for 1040nr Individual Income Tax Return, to get an extension of time to file. Software for 1040nr Information you must furnish. Software for 1040nr   You must furnish the information listed below so the IRS can comply with your request. Software for 1040nr Failure to furnish the information will result in a delay in processing your request. Software for 1040nr Please send only copies of the following documents, as the IRS retains all material sent for its records: A letter explaining the question(s) you wish to have resolved or the information you need from the ruling. Software for 1040nr Copies of any documents showing distributions, annuity rates, and annuity options available to you. Software for 1040nr A copy of any Form 1099–R you received since your annuity began. Software for 1040nr A statement indicating whether you have filed your return for the year for which you are making the request. Software for 1040nr If you have requested an extension of time to file that return, please indicate the extension date. Software for 1040nr Your daytime phone number. Software for 1040nr Your current mailing address. Software for 1040nr A power of attorney if someone other than you, an attorney, a certified public accountant, or an enrolled agent is signing this request. Software for 1040nr Form 2848, Power of Attorney and Declaration of Representative, may be used for this purpose. Software for 1040nr A completed Tax Information Sheet (or facsimile) shown on the next page. Software for 1040nr Sign and date the Disclosure and Perjury Statement (or facsimile) at the end of the tax information sheet. Software for 1040nr This statement must be signed by the retiree or the survivor annuitant. Software for 1040nr It cannot be signed by a representative. Software for 1040nr Tax Information Sheet Please click here for the text description of the image. Software for 1040nr Tax Information Sheet Please click here for the text description of the image. Software for 1040nr Tax Information Sheet (continued) How To Get Tax Help Whether it's help with a tax issue, preparing your tax return or a need for a free publication or form, get the help you need the way you want it: online, use a smart phone, call or walk in to an IRS office or volunteer site near you. Software for 1040nr Free help with your tax return. Software for 1040nr   You can get free help preparing your return nationwide from IRS-certified volunteers. Software for 1040nr The Volunteer Income Tax Assistance (VITA) program helps low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers. Software for 1040nr The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. Software for 1040nr Most VITA and TCE sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. Software for 1040nr In addition, some VITA and TCE sites provide taxpayers the opportunity to prepare their own return with help from an IRS-certified volunteer. Software for 1040nr To find the nearest VITA or TCE site, you can use the VITA Locator Tool on IRS. Software for 1040nr gov, download the IRS2Go app, or call 1-800-906-9887. Software for 1040nr   As part of the TCE program, AARP offers the Tax-Aide counseling program. Software for 1040nr To find the nearest AARP Tax-Aide site, visit AARP's website at www. Software for 1040nr aarp. Software for 1040nr org/money/taxaide or call 1-888-227-7669. Software for 1040nr For more information on these programs, go to IRS. Software for 1040nr gov and enter “VITA” in the search box. Software for 1040nr Internet. Software for 1040nr    IRS. Software for 1040nr gov and IRS2Go are ready when you are —24 hours a day, 7 days a week. Software for 1040nr Download the free IRS2Go app from the iTunes app store or from Google Play. Software for 1040nr Use it to check your refund status, order transcripts of your tax returns or tax account, watch the IRS YouTube channel, get IRS news as soon as it's released to the public, subscribe to filing season updates or daily tax tips, and follow the IRS Twitter news feed, @IRSnews, to get the latest federal tax news, including information about tax law changes and important IRS programs. Software for 1040nr Check the status of your 2013 refund with the Where's My Refund? application on IRS. Software for 1040nr gov or download the IRS2Go app and select the Refund Status option. Software for 1040nr The IRS issues more than 9 out of 10 refunds in less than 21 days. Software for 1040nr Using these applications, you can start checking on the status of your return within 24 hours after we receive your e-filed return or 4 weeks after you mail a paper return. Software for 1040nr You will also be given a personalized refund date as soon as the IRS processes your tax return and approves your refund. Software for 1040nr The IRS updates Where's My Refund? every 24 hours, usually overnight, so you only need to check once a day. Software for 1040nr Use the Interactive Tax Assistant (ITA) to research your tax questions. Software for 1040nr No need to wait on the phone or stand in line. Software for 1040nr The ITA is available 24 hours a day, 7 days a week, and provides you with a variety of tax information related to general filing topics, deductions, credits, and income. Software for 1040nr When you reach the response screen, you can print the entire interview and the final response for your records. Software for 1040nr New subject areas are added on a regular basis. Software for 1040nr  Answers not provided through ITA may be found in Tax Trails, one of the Tax Topics on IRS. Software for 1040nr gov which contain general individual and business tax information or by searching the IRS Tax Map, which includes an international subject index. Software for 1040nr You can use the IRS Tax Map, to search publications and instructions by topic or keyword. Software for 1040nr The IRS Tax Map integrates forms and publications into one research tool and provides single-point access to tax law information by subject. Software for 1040nr When the user searches the IRS Tax Map, they will be provided with links to related content in existing IRS publications, forms and instructions, questions and answers, and Tax Topics. Software for 1040nr Coming this filing season, you can immediately view and print for free all 5 types of individual federal tax transcripts (tax returns, tax account, record of account, wage and income statement, and certification of non-filing) using Get Transcript. Software for 1040nr You can also ask the IRS to mail a return or an account transcript to you. Software for 1040nr Only the mail option is available by choosing the Tax Records option on the IRS2Go app by selecting Mail Transcript on IRS. Software for 1040nr gov or by calling 1-800-908-9946. Software for 1040nr Tax return and tax account transcripts are generally available for the current year and the past three years. Software for 1040nr Determine if you are eligible for the EITC and estimate the amount of the credit with the Earned Income Tax Credit (EITC) Assistant. Software for 1040nr Visit Understanding Your IRS Notice or Letter to get answers to questions about a notice or letter you received from the IRS. Software for 1040nr If you received the First Time Homebuyer Credit, you can use the First Time Homebuyer Credit Account Look-up tool for information on your repayments and account balance. Software for 1040nr Check the status of your amended return using Where's My Amended Return? Go to IRS. Software for 1040nr gov and enter Where's My Amended Return? in the search box. Software for 1040nr You can generally expect your amended return to be processed up to 12 weeks from the date we receive it. Software for 1040nr It can take up to 3 weeks from the date you mailed it to show up in our system. Software for 1040nr Make a payment using one of several safe and convenient electronic payment options available on IRS. Software for 1040nr gov. Software for 1040nr Select the Payment tab on the front page of IRS. Software for 1040nr gov for more information. Software for 1040nr Determine if you are eligible and apply for an online payment agreement, if you owe more tax than you can pay today. Software for 1040nr Figure your income tax withholding with the IRS Withholding Calculator on IRS. Software for 1040nr gov. Software for 1040nr Use it if you've had too much or too little withheld, your personal situation has changed, you're starting a new job or you just want to see if you're having the right amount withheld. Software for 1040nr Determine if you might be subject to the Alternative Minimum Tax by using the Alternative Minimum Tax Assistant on IRS. Software for 1040nr gov. Software for 1040nr Request an Electronic Filing PIN by going to IRS. Software for 1040nr gov and entering Electronic Filing PIN in the search box. Software for 1040nr Download forms, instructions and publications, including accessible versions for people with disabilities. Software for 1040nr Locate the nearest Taxpayer Assistance Center (TAC) using the Office Locator tool on IRS. Software for 1040nr gov, or choose the Contact Us option on the IRS2Go app and search Local Offices. Software for 1040nr An employee can answer questions about your tax account or help you set up a payment plan. Software for 1040nr Before you visit, check the Office Locator on IRS. Software for 1040nr gov, or Local Offices under Contact Us on IRS2Go to confirm the address, phone number, days and hours of operation, and the services provided. Software for 1040nr If you have a special need, such as a disability, you can request an appointment. Software for 1040nr Call the local number listed in the Office Locator, or look in the phone book under United States Government, Internal Revenue Service. Software for 1040nr Apply for an Employer Identification Number (EIN). Software for 1040nr Go to IRS. Software for 1040nr gov and enter Apply for an EIN in the search box. Software for 1040nr Read the Internal Revenue Code, regulations, or other official guidance. Software for 1040nr Read Internal Revenue Bulletins. Software for 1040nr Sign up to receive local and national tax news and more by email. Software for 1040nr Just click on “subscriptions” above the search box on IRS. Software for 1040nr gov and choose from a variety of options. Software for 1040nr    Phone. Software for 1040nr You can call the IRS, or you can carry it in your pocket with the IRS2Go app on your smart phone or tablet. Software for 1040nr Download the free IRS2Go app from the iTunes app store or from Google Play. Software for 1040nr Call to locate the nearest volunteer help site, 1-800-906-9887 or you can use the VITA Locator Tool on IRS. Software for 1040nr gov, or download the IRS2Go app. Software for 1040nr Low-to-moderate income, elderly, people with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. Software for 1040nr The Tax Counseling for the Elderly (TCE) program helps taxpayers age 60 and older with their tax returns. Software for 1040nr Mos