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State tax preparation free 32. State tax preparation free   Crédito por Gastos del Cuidado de Menores y Dependientes Table of Contents Recordatorios Introduction Useful Items - You may want to see: Requisitos Para Reclamar el CréditoRequisitos de la Persona Calificada Requisito del Ingreso del Trabajo Requisito de Gastos Relacionados con el Trabajo Requisito de la Declaración Conjunta Requisito de Identificación del Proveedor de Cuidados Cómo Calcular el CréditoCómo Calcular el Total de los Gastos Relacionados con el Trabajo Límite del Ingreso del Trabajo Límite de Dinero Cantidad de Crédito Cómo Reclamar el CréditoCrédito tributario no reembolsable. State tax preparation free Impuestos sobre la Nómina para Empleadores de Empleados Domésticos Recordatorios Se necesita un Número de Identificación del Contribuyente (TIN, por sus siglas en inglés) para cada persona calificada. State tax preparation free  Tiene que incluir el nombre y el número de identificación del contribuyente (el cual suele ser el número de Seguro Social) de cada persona calificada en la línea 2 del Formulario 2441. State tax preparation free Vea Número de identificación del contribuyente , bajo Requisitos de la Persona Calificada , más adelante. State tax preparation free Podría verse obligado a pagar los impuestos sobre la nómina. State tax preparation free  Si le paga a alguien para que venga a cuidar de su dependiente o de su cónyuge en su casa, puede que a usted se le considere un empleador de empleados domésticos, que deba pagar impuestos sobre la nómina. State tax preparation free Por lo general, no se le considera un empleador de empleados domésticos si la persona que cuida de su dependiente o de su cónyuge lleva a cabo este servicio en su propio domicilio (él de dicha persona) o en su lugar de negocios. State tax preparation free Vea Impuestos sobre la Nómina para Empleadores de Empleados Domésticos , más adelante. State tax preparation free Introduction Este capítulo trata del crédito por gastos de cuidado de menores y dependientes y trata los siguientes temas: Los requisitos que uno tiene que reunir para reclamar el crédito. State tax preparation free Cómo calcular el crédito. State tax preparation free Cómo reclamar el crédito. State tax preparation free Impuestos sobre la nómina que usted podría verse obligado a pagar como empleador de empleados domésticos. State tax preparation free Quizás pueda reclamar el crédito por gastos del cuidado de menores y dependientes si le paga a alguien para que cuide a un dependiente menor de 13 años de edad, o a su cónyuge o dependiente incapacitado que no pueda cuidar de sí mismo. State tax preparation free El crédito puede ser hasta el 35% de sus gastos. State tax preparation free Para tener derecho al crédito, usted debe encontrarse obligado a pagar estos gastos para poder trabajar o buscar trabajo. State tax preparation free Este crédito no se debe confundir con el crédito tributario por hijos, el cual se describe en el capítulo 34. State tax preparation free Beneficios para el cuidado de dependientes. State tax preparation free   Si usted recibió de su empleador algún beneficio durante el año que era para el cuidado de dependientes, usted quizás pueda excluir de sus ingresos una parte o el total de dicho beneficio. State tax preparation free Tiene que completar la Parte III del Formulario 2441, antes de poder calcular la cantidad de su crédito. State tax preparation free Vea Beneficios para el Cuidado de Dependientes bajo Cómo Calcular el Crédito , más adelante. State tax preparation free Useful Items - You may want to see: Publicación 501 Exemptions, Standard Deduction, and Filing Information (Exenciones, deducción estándar e información para la presentación de la declaración), en inglés 503 Child and Dependent Care Expenses (Gastos del cuidado de menores y dependientes), en inglés 926 Household Employer's Tax Guide (Guía de impuestos para empleadores de empleados domésticos), en inglés Formulario (e Instrucciones) 2441 Child and Dependent Care Expenses (Gastos del cuidado de menores y dependientes), en inglés Anexo H (Formulario 1040) Household Employment Taxes (Impuestos sobre la nómina correspondiente a empleados domésticos), en inglés W-7(SP) Solicitud del Número de Identificación Personal del Contribuyente del Servicio de Impuestos Internos W-10 Dependent Care Provider's Identification and Certification (Identificación y certificación del proveedor del cuidado de dependientes), en inglés Requisitos Para Reclamar el Crédito Para poder reclamar el crédito por gastos del cuidado de menores y dependientes, usted tiene que presentar el Formulario 1040 o el Formulario 1040A, pero no el Formulario 1040EZ y, además, cumplir todos los requisitos siguientes: El cuidado tiene que ser provisto a una, o más de una, persona calificada; la cual debe estar identificada en el Formulario 2441, Child and Dependent Care Expenses (Gastos del Cuidado de Menores y Dependientes), en inglés. State tax preparation free Vea más adelante Requisitos de la Persona Calificada . State tax preparation free Usted (y su cónyuge si presentan una declaración conjunta) tiene que haber recibido ingresos del trabajo durante el año. State tax preparation free Sin embargo, vea más adelante el tema Regla para cónyuge estudiante o cónyuge incapacitado para cuidar de sí mismo bajo Requisito del Ingreso del Trabajo. State tax preparation free Tiene que pagar gastos del cuidado de menores y dependientes para que usted (y su cónyuge, si presentan una declaración conjunta) pueda trabajar o buscar trabajo. State tax preparation free Vea más adelante Requisito de Gastos Relacionados con el Trabajo . State tax preparation free Tiene que hacer los pagos por gastos del cuidado de menores y dependientes a alguien que ni usted ni su cónyuge puedan declarar como dependiente. State tax preparation free Si le hace pagos a su hijo, dicho hijo no puede ser su dependiente y éste tiene que tener 19 años de edad o más al final del año. State tax preparation free Los pagos no se le pueden hacer: A su cónyuge ni Al padre o madre de la persona calificada, si éste es su hijo y tiene menos de 13 años de edad. State tax preparation free Vea más adelante Pagos a Parientes o Dependientes bajo Requisito de Gastos Relacionados con el Trabajo . State tax preparation free Su estado civil para la declaración puede ser soltero, cabeza de familia, o viudo que reúne los requisitos con hijo dependiente. State tax preparation free Si está casado, debe presentar una declaración conjunta, a menos que le corresponda alguna excepción. State tax preparation free Vea Requisito de la Declaración Conjunta , más adelante. State tax preparation free Tiene que identificar en la declaración a la persona o institución que le proporciona los cuidados. State tax preparation free Vea más adelante, Requisito de Identificación del Proveedor de Cuidados . State tax preparation free Si excluye o deduce beneficios de un plan de beneficios para el cuidado de dependientes provisto para ese propósito, la cantidad total que excluya o deduzca tiene que ser menos de la cantidad límite de dólares por gastos calificados (por lo general, $3,000 si se trata de una persona calificada que recibió el cuidado, o $6,000 si el cuidado fue para dos o más personas calificadas). State tax preparation free Si el cuidado fue para dos o más personas calificadas, la cantidad que excluya o deduzca siempre será menos del límite de dólares, ya que la cantidad total que puede excluir o deducir está limitada a $5,000. State tax preparation free Vea Reducción del Límite de Dinero bajo Cómo Calcular el Crédito , más adelante. State tax preparation free Estos requisitos se presentan en la Figura 32–A y también se explican en detalle en este capítulo. State tax preparation free Requisitos de la Persona Calificada Los gastos del cuidado de menores y dependientes tienen que haberse incurrido por el cuidado de una o más personas calificadas. State tax preparation free Una persona calificada es: Un hijo calificado que es su dependiente y que tenía menos de 13 años de edad cuando se le prestó el cuidado (pero vea Hijo de padres divorciados o separados o que viven aparte , más adelante) Su cónyuge que no estaba física o mentalmente capaz de cuidar de sí mismo y que vivió con usted por más de la mitad del año o Una persona que no estaba física o mentalmente capaz de cuidar de sí misma, vivió con usted por más de la mitad del año y: Era su dependiente o Hubiera sido su dependiente excepto que: recibió $3,900 o más de ingresos brutos, presentó una declaración conjunta o usted, o su cónyuge si presentaron una declaración conjunta, pudo ser declarado como dependiente en la declaración de impuestos del año 2013 de otra persona. State tax preparation free Definición de dependiente. State tax preparation free   Un dependiente es una persona, que no sea usted ni su cónyuge, por la cual puede declarar una exención. State tax preparation free Para ser su dependiente, una persona tiene que ser su hijo calificado (o su pariente calificado). State tax preparation free Hijo calificado. State tax preparation free   Para ser su hijo calificado, un hijo tiene que vivir con usted durante más de la mitad del año y reunir otros requisitos. State tax preparation free Información adicional. State tax preparation free   Para más información sobre quién es su dependiente o hijo calificado, vea el capítulo 3. State tax preparation free Persona que no estaba física o mentalmente capaz de cuidar de sí misma. State tax preparation free   Las personas que no pueden vestirse, lavarse o alimentarse por sí solas debido a problemas físicos o mentales son consideradas incapacitadas para cuidar de sí mismas. State tax preparation free También se consideran incapacitadas para cuidar de sí mismas las personas que tienen que ser cuidadas en todo momento para impedir que se lastimen a sí mismas o a los demás. State tax preparation free Figura 32–A. State tax preparation free ¿Puede usted reclamar el Crédito? ¿Puede usted reclamar el crédito? Persona que reúne los requisitos por parte del año. State tax preparation free   Se determina si una persona reúne o no los requisitos a diario. State tax preparation free Por ejemplo, si la persona por la cual usted paga los gastos del cuidado de menores y dependientes deja de reunir los requisitos el 16 de septiembre, cuente sólo los gastos hasta el 15 de septiembre, inclusive. State tax preparation free Vea también Límite annual bajo Límite de Dinero , más adelante. State tax preparation free Nacimiento o fallecimiento de una persona que reúna los demás requisitos. State tax preparation free   Al determinar si una persona es persona calificada, se considera que una persona que nació o falleció en 2013 vivió con usted durante más de la mitad del año 2013 si su vivienda (la de usted) fue la vivienda de dicha persona más de la mitad del tiempo que estuvo viva en 2013. State tax preparation free Número de identificación del contribuyente. State tax preparation free   Tiene que incluir en su declaración el nombre y el número de identificación del contribuyente (generalmente es el número del Seguro Social) de la(s) persona(s) calificada(s). State tax preparation free Si no indica la información correcta en la declaración, el crédito podría ser reducido o denegado. State tax preparation free Número de identificación de contribuyente individual para extranjeros. State tax preparation free   Si la persona calificada es extranjero residente, o extranjero no residente que no tiene y no puede obtener un número del Seguro Social (SSN, por sus siglas en inglés), use el número de identificación de contribuyente (ITIN, por sus siglas en inglés) de esa persona. State tax preparation free El ITIN se anota en todo espacio donde se requiera que se escriba un SSN en una declaración de impuestos. State tax preparation free Para solicitar un ITIN, consulte el Formulario W-7(SP) (o el Formulario W-7, en inglés). State tax preparation free   El ITIN se utiliza solamente para propósitos tributarios. State tax preparation free El mismo no le da al portador el derecho de recibir beneficios del Seguro Social ni cambia el estado del portador en cuanto a empleo o estado migratorio, de acuerdo con las leyes de los Estados Unidos. State tax preparation free Número de identificación del contribuyente en proceso de adopción. State tax preparation free   Si la persona calificada es un hijo que ha sido puesto a cargo de usted para adopción y para el cual usted no tiene un SSN, tiene que obtener un número de identificación del contribuyente en proceso de adopción (ATIN, por sus siglas en inglés) para el hijo. State tax preparation free Presente el Formulario W-7A, Application for Taxpayer Identification Number for Pending U. State tax preparation free S. State tax preparation free Adoptions (Solicitud de número de identificación del contribuyente para adopciones pendientes en los Estados Unidos), en inglés. State tax preparation free Hijo de padres divorciados o separados o que viven aparte. State tax preparation free   Aunque no pueda declarar a su hijo como dependiente, su hijo es tratado como su persona calificada si: El hijo tenía menos de 13 años de edad o estaba física o mentalmente incapacitado para cuidar de sí mismo, El hijo recibió más de la mitad de la manutención durante el año natural de parte de uno o ambos padres que son divorciados, o legalmente separados bajo un fallo de divorcio o de manutención por separación judicial, están separados conforme a un acuerdo de separación judicial escrito, o vivieron aparte en todo momento durante los últimos 6 meses del año natural, El hijo estuvo bajo la custodia de uno o ambos padres durante más de la mitad del año y Usted era el padre o madre que tuvo custodia. State tax preparation free   Se considera que el padre con quien el hijo vivió la mayor cantidad de noches en 2013 es el padre con custodia. State tax preparation free Si el hijo estaba con cada padre una cantidad igual de noches, el padre con custodia es aquél que tiene el ingreso bruto ajustado mayor. State tax preparation free Para más detalles e información sobre la excepción para padres que trabajan de noche, vea la Publicación 501, en inglés. State tax preparation free   El padre que no tiene custodia del hijo no puede tratarle a éste como su persona calificada, a pesar de que tenga derecho para reclamarle al hijo como dependiente conforme a las reglas especiales para hijos de padres divorciados o separados. State tax preparation free Requisito del Ingreso del Trabajo Para reclamar el crédito, usted (y su cónyuge, si presenta una declaración conjunta) tiene que haber recibido ingreso del trabajo durante el año. State tax preparation free Ingreso del trabajo. State tax preparation free   El ingreso del trabajo incluye sueldos, salarios, propinas, cualquier otra retribución tributable recibida como empleado, y los ingresos netos del trabajo por cuenta propia. State tax preparation free Las pérdidas netas del empleo por cuenta propia reducen el ingreso del trabajo. State tax preparation free El ingreso del trabajo también incluye indemnizaciones por huelga y toda compensación por incapacidad que haya declarado como salario. State tax preparation free   Generalmente, sólo se incluye esa compensación que es tributable. State tax preparation free Sin embargo, uno puede elegir incluir paga por combate no sujeta a impuestos en el ingreso del trabajo. State tax preparation free Si presenta una declaración conjunta y tanto usted como su cónyuge recibieron paga no tributable por combate, cada uno de ustedes puede hacer su propia elección. State tax preparation free (O sea, si uno de ustedes hace la elección, el otro también la puede hacer pero no es requerido). State tax preparation free Debería calcular el crédito de ambas maneras y hacer la elección si le da el mayor beneficio tributario. State tax preparation free Miembros de ciertas religiones opuestas al Seguro Social. State tax preparation free   Esas personas que son miembros de ciertas religiones que se oponen a participar en programas de la Ley del Seguro Social y que tienen un formulario aprobado por el IRS que excluya ciertos ingresos de los impuestos del Seguro Social y Medicare pueden tratar ciertos ingresos como si no fueran ingresos del trabajo, para este propósito. State tax preparation free Vea Earned Income Test (Requisito del ingreso del trabajo), en la Publicación 503, en inglés. State tax preparation free Ingreso no derivado del trabajo. State tax preparation free   El ingreso del trabajo no incluye: Pensiones y anualidades, Beneficios del Seguro Social ni beneficios de jubilación para empleados ferroviarios, Compensación del seguro obrero, Intereses ni dividendos, Compensación por desempleo, Becas de estudios ni becas de desarrollo profesional, salvo las que se declaren en el Formulario W-2 pagadas a usted por haber trabajado en la enseñanza o por algún otro servicio, Pagos por trabajo requerido por el bienestar social no sujetos a impuesto, Pagos de manutención para hijos menores que usted haya recibido, Ingreso de extranjeros no residentes no relacionado con una ocupación o negocio estadounidense, o Toda cantidad recibida por trabajo hecho mientras estaba recluido en una institución penal. State tax preparation free Regla para cónyuge estudiante o cónyuge que no es capaz de cuidar de sí mismo. State tax preparation free   Se considera que su cónyuge tiene ingreso del trabajo en cualquier mes en que el mismo: Sea estudiante a tiempo completo o No esté física o mentalmente capaz de cuidar de sí mismo. State tax preparation free Su cónyuge también tiene que vivir con usted durante más de la mitad del año. State tax preparation free   Si usted va a presentar una declaración conjunta, esta regla también es aplicable. State tax preparation free Usted puede ser tratado como si hubiera obtenido ingreso del trabajo por cualquier mes en el que es un estudiante a tiempo completo o no es capaz de cuidar de sí mismo. State tax preparation free   Calcule el ingreso del trabajo del cónyuge que no trabaja, descrito en los apartados (1) o (2) anteriores, tal como se indica más adelante en la sección titulada Límite del Ingreso del Trabajo . State tax preparation free   Esta regla es aplicable a un solo cónyuge durante cualquier mes del año. State tax preparation free Si, en el mismo mes, ni usted ni su cónyuge trabajan, pero son estudiantes a tiempo completo o no están física o mentalmente capaces de cuidar de sí mismos, se considera que solamente uno de ustedes ha recibido ingreso del trabajo en ese mes. State tax preparation free Estudiante a tiempo completo. State tax preparation free   Se considera que usted es estudiante a tiempo completo si se ha matriculado en una escuela por el número de horas o cursos que la misma considere asistencia a tiempo completo. State tax preparation free Tiene que haber sido estudiante a tiempo completo durante alguna parte de cada uno de un mínimo de 5 meses del año natural durante el año. State tax preparation free Dichos meses no tienen que ser consecutivos. State tax preparation free Escuela. State tax preparation free   El término “escuela” comprende escuelas secundarias, escuelas universitarias (colleges), universidades y escuelas técnicas, profesionales e industriales. State tax preparation free No se considera que un curso de capacitación en el empleo, escuela por correspondencia, ni escuelas por Internet sean escuelas, para este propósito. State tax preparation free Requisito de Gastos Relacionados con el Trabajo Los gastos de cuidado de menores y dependientes tienen que estar relacionados con el trabajo para que usted tenga derecho al crédito. State tax preparation free Los gastos se consideran relacionados con el trabajo solamente si se cumplen las dos condiciones siguientes: Le permiten a usted (y a su cónyuge si presentan una declaración conjunta) trabajar o buscar trabajo. State tax preparation free Son para el cuidado de una persona calificada. State tax preparation free Si Trabaja o Busca Trabajo Para ser relacionados con el trabajo, sus gastos tendrán que permitirle trabajar o buscar trabajo. State tax preparation free Si está casado, generalmente tanto usted como su cónyuge tienen que trabajar o estar buscando trabajo. State tax preparation free A un cónyuge se le considera empleado durante cualquier mes en que sea estudiante a tiempo completo o esté física o mentalmente incapaz de cuidar de sí mismo. State tax preparation free Puede trabajar para otra persona o por cuenta propia como dueño único o en sociedad colectiva. State tax preparation free Su empleo puede ser a tiempo completo o a tiempo parcial. State tax preparation free También se le considera empleado si está buscando trabajo activamente. State tax preparation free Sin embargo, si no encuentra empleo y no tiene ingreso del trabajo ese año, no puede reclamar este crédito. State tax preparation free Vea Requisito del Ingreso del Trabajo , anteriormente. State tax preparation free Un gasto no se considera relacionado con el trabajo simplemente porque incurrió en el mismo mientras estaba trabajando. State tax preparation free Su razón por incurrir en el gasto tiene que ser para permitirle a usted trabajar. State tax preparation free Son los hechos los que determinan si sus gastos son para permitirle trabajar o buscar trabajo. State tax preparation free Ejemplo 1. State tax preparation free El costo de una niñera mientras usted y su cónyuge salen a comer no suele ser un gasto relacionado con el trabajo. State tax preparation free Ejemplo 2. State tax preparation free Usted trabaja durante el día. State tax preparation free Su cónyuge trabaja por la noche y duerme por el día. State tax preparation free Usted paga por el cuidado de su hijo de 5 años de edad durante las horas en las que usted trabaja y su cónyuge duerme. State tax preparation free Estos gastos se consideran gastos de trabajo. State tax preparation free Trabajo voluntario. State tax preparation free    Para este propósito, a usted no se le considera empleado si hace trabajo voluntario no pagado o por un salario nominal. State tax preparation free Trabajo parte del año. State tax preparation free   Si trabaja o busca trabajo activamente durante solamente parte del período cubierto por los gastos, entonces tiene que calcular los gastos de cada día. State tax preparation free Por ejemplo, si trabaja todo el año y sus gastos de cuidado son de $250 al mes ($3,000 para el año), todos los gastos están relacionados con el trabajo. State tax preparation free Sin embargo, si trabaja o busca trabajo por sólo 2 meses y 15 días durante el año y paga gastos de $250 al mes, sus gastos relacionados con el trabajo se limitan a $625 (2 meses y medio x $250). State tax preparation free Ausencia temporal del trabajo. State tax preparation free   En caso de una ausencia temporal y breve del trabajo, como vacaciones o una enfermedad leve, no tiene que calcular los gastos por cada día, si le resulta de todos modos necesario pagar por cuidados durante ese período. State tax preparation free En vez de eso, puede calcular el crédito incluyendo los gastos que pagó durante el período de ausencia. State tax preparation free   Una ausencia de 2 semanas o menos se considera una ausencia temporal y breve. State tax preparation free Una ausencia de más de 2 semanas podría considerarse una ausencia temporal y breve, según las circunstancias. State tax preparation free Ejemplo. State tax preparation free Para poder trabajar, usted paga a una niñera para que cuide de su hijo de 2 años e hija de 4 años de edad. State tax preparation free Usted se enferma y falta al trabajo 4 meses, pero recibe compensación por enfermedad. State tax preparation free Sigue pagando a la niñera por cuidar de sus hijos mientras está enferma. State tax preparation free La ausencia no se considera temporal y breve y los gastos no se consideran gastos relacionados con el trabajo. State tax preparation free Trabajo a tiempo parcial. State tax preparation free   Si trabaja a tiempo parcial, normalmente tiene que calcular los gastos por cada día. State tax preparation free No obstante, si tiene que pagar por cuidados semanal o mensualmente, o de algún otro modo que incluya días trabajados y no trabajados, puede calcular el crédito incluyendo los gastos que pagó por los días no trabajados. State tax preparation free Todo día en el que trabaje por lo menos 1 hora se considera día de trabajo. State tax preparation free Ejemplo 1. State tax preparation free Trabaja 3 días a la semana. State tax preparation free Mientras trabaja, le cuidan a su hijo de 6 años de edad en un centro de cuidados para dependientes, que cumple todos los reglamentos estatales y locales. State tax preparation free El centro cobra a tasas de $150 por cualesquiera 3 días de la semana o $250 por 5 días a la semana. State tax preparation free A su hijo le cuidan en el centro 5 días a la semana. State tax preparation free Los gastos relacionados con el trabajo se limitan a $150 a la semana. State tax preparation free Ejemplo 2. State tax preparation free Los hechos son los mismos del Ejemplo 1 salvo que el centro no brinda la opción de pagar por solo 3 días. State tax preparation free El cargo semanal completo de $250 podría ser un gasto relacionado con el trabajo. State tax preparation free Cuidado de una Persona Calificada Para tener gastos que se consideran relacionados con el trabajo, tiene que haber incurrido en los mismos para proveer cuidados a una persona calificada. State tax preparation free No se le requiere escoger la manera más barata de proveer dichos cuidados. State tax preparation free El costo de un proveedor de cuidados remunerado podría ser un gasto por cuidar de una persona calificada aun si se pudiera haber conseguido otro proveedor de cuidados sin costo alguno. State tax preparation free Se considera que los gastos son para el cuidado de una persona calificada sólo si el motivo prinicipal de dichos gastos es el bienestar y la protección de esa persona. State tax preparation free Los gastos para servicios domésticos reúnen los requisitos si una parte de dichos servicios es el cuidado de personas calificadas. State tax preparation free Vea Servicios domésticos , más adelante. State tax preparation free Gastos que no son por cuidados. State tax preparation free   Los gastos para el cuidado no incluyen cantidades que pague por concepto de comida, alojamiento, ropa, educación y entretenimiento. State tax preparation free Sin embargo, puede incluir cantidades pequeñas pagadas por estos artículos si las mismas están relacionadas con el costo del cuidado de la persona calificada, y no se pueden separar de dicho costo. State tax preparation free   Pagos de pensión para hijos menores no son de cuidado y no reúne los requisitos del crédito. State tax preparation free Educación. State tax preparation free   Los gastos incurridos por un niño que está en una guardería infantil, un parvulario o programas similares para niños que estén por debajo del nivel de kindergarten, se consideran gastos de cuidado. State tax preparation free Los gastos para la asistencia al kindergarten o para grados superiores no se consideran gastos de cuidado. State tax preparation free No use estos gastos para calcular el crédito. State tax preparation free   Sin embargo, los gastos de cuidado del niño antes o después de la escuela si asiste al kindergarten o a un grado superior podrían considerarse gastos por cuidado de dependientes. State tax preparation free   Las clases de verano y programas de clases particulares no se consideran cuidado de dependientes. State tax preparation free Ejemplo 1. State tax preparation free Usted lleva a su hijo de 3 años de edad a una guardería infantil que provee almuerzo y actividades educativas como parte de su servicio de cuidado para niños de edad preescolar. State tax preparation free El almuerzo y las actividades educativas están relacionados con el cuidado de su hijo y el costo de los mismos no se puede separar del costo del cuidado. State tax preparation free Puede incluir el costo total cuando calcule el crédito. State tax preparation free Ejemplo 2. State tax preparation free Usted inscribe a su hijo de 10 años de edad en una escuela de internado para poder trabajar a tiempo completo. State tax preparation free Sólo la parte del gasto de la escuela de internado que corresponde al cuidado de su hijo se considera un gasto relacionado con el trabajo. State tax preparation free Puede incluir esa parte del gasto al calcular su crédito, si la misma se puede separar del costo de educación. State tax preparation free No puede incluir parte alguna de la cantidad que usted pague a la escuela por la educación de su hijo. State tax preparation free Cuidado fuera de su domicilio. State tax preparation free   Puede incluir el costo del cuidado provisto fuera de su domicilio si dicho cuidado es para un dependiente que tenga menos de 13 años de edad o alguna otra persona calificada que habitualmente pasa por lo menos 8 horas al día en la casa de usted. State tax preparation free Centro de cuidado para dependientes. State tax preparation free   Puede incluir el costo de cuidados provistos fuera de su domicilio por un centro de cuidados para dependientes sólo si el centro cumple con todas las reglas o normas locales y estatales correspondientes a estos centros. State tax preparation free   Un centro de cuidados para dependientes es un lugar que provee cuidados a más de 6 personas (que no sean personas que vivan allí) y recibe una compensación, pago o subvención por proveer servicios para cualquiera de esas personas, aun cuando el centro no tenga fines de lucro. State tax preparation free Campamento. State tax preparation free   El costo de mandar a su hijo a un campamento en el que pase la noche no se considera un gasto relacionado con el trabajo. State tax preparation free El costo de mandar a su hijo a un campamento de día podría ser un gasto relacionado con el trabajo, aunque el campamento se especialice en una actividad específica, como computadoras o fútbol. State tax preparation free Transporte. State tax preparation free   Si un proveedor de cuidados lleva a una persona calificada desde o hasta el lugar de cuidado, se considera que dicho transporte es gasto de cuidado de la persona calificada. State tax preparation free Esto incluye transporte en autobús, metro, taxi o auto privado. State tax preparation free Sin embargo, el transporte que no sea proporcionado por un proveedor de cuidados no se considera gasto de cuidado de la persona calificada. State tax preparation free Además, si usted paga el costo del transporte de la persona que provee el cuidado para que venga a su casa, dicho gasto no se considera gasto de cuidado de la persona calificada. State tax preparation free Cargos y depósitos. State tax preparation free   Los cargos pagados a una agencia para obtener servicios de un proveedor de cuidados, los depósitos pagados a una agencia o parvulario, los cargos de solicitud y otros gastos indirectos se consideran gastos relacionados con el trabajo si uno tiene que pagarlos para recibir los cuidados, aun si no se pagan directamente por dichos cuidados. State tax preparation free Sin embargo, un depósito al que haya perdido el derecho no se considera gasto de cuidado de una persona calificada si de hecho no se provee dicho cuidado. State tax preparation free Ejemplo 1. State tax preparation free Pagó un cargo a una agencia para recibir los servicios de la niñera que cuida a su hija de 2 años de edad mientras usted trabaja. State tax preparation free El cargo que usted pagó se considera un gasto relacionado con el trabajo. State tax preparation free Ejemplo 2. State tax preparation free Pagó un depósito a un parvulario para reservar una plaza para su hijo de 3 años de edad. State tax preparation free Después, envió su hijo a otro parvulario y por lo tanto perdió el derecho al depósito. State tax preparation free El depósito al que ya no tiene derecho no es gasto por cuidados que de hecho se proveyeron y por lo tanto no se considera un gasto relacionado con el trabajo. State tax preparation free Servicios domésticos. State tax preparation free   Los gastos que usted paga por servicios domésticos reúnen los requisitos como gastos relacionados con el trabajo si los mismos son, por lo menos en parte, para el bienestar y la protección de la persona calificada. State tax preparation free   Se considera que esos servicios domésticos son servicios comunes y habituales, provistos en su casa y alrededor de la misma, que sean necesarios para mantener la casa. State tax preparation free Los mismos incluyen servicios de un ama de casa, criada, o cocinero. State tax preparation free Sin embargo, los servicios domésticos no incluyen un chófer, camarero o jardinero. State tax preparation free Vea Household Services (Servicios Domésticos), en la Publicación 503, en inglés, para más información. State tax preparation free   En este capítulo, el término ama de casa se refiere a cualquier empleado doméstico cuyos servicios incluyan el cuidado de una persona calificada. State tax preparation free Impuestos pagados sobre el salario. State tax preparation free   Los impuestos pagados sobre el salario por servicios del cuidado de menores y dependientes calificados son gastos relacionados con el trabajo. State tax preparation free Vea Impuestos sobre la nómina para Empleadores de Empleados Domésticos , más adelante. State tax preparation free Pagos a Parientes o Dependientes Usted puede incluir pagos relacionados con el trabajo que usted hizo a sus parientes que no son sus dependientes, aun si los mismos viven en su vivienda. State tax preparation free Sin embargo, no incluya ninguna cantidad que pague a: Un dependiente por quien usted (o su cónyuge, si presentan una declaración conjunta) pueda declarar una exención, Un hijo suyo que tuviera menos de 19 años de edad al final del año, aun si no es dependiente suyo, Una persona que fuera su cónyuge en cualquier momento del año ni Al padre o a la madre de la persona calificada si es hijo de usted y tiene menos de 13 años de edad. State tax preparation free Requisito de la Declaración Conjunta Por regla general, las parejas casadas tienen que presentar una declaración conjunta para poder reclamar el crédito. State tax preparation free Sin embargo, si usted está legalmente separado de su cónyuge o no vive con su cónyuge, quizás pueda presentar una declaración por separado y aún reclamar el crédito. State tax preparation free Si está legalmente separado. State tax preparation free   Si está legalmente separado de su cónyuge conforme a un fallo de divorcio o de manutención por separación judicial, no se le considera casado. State tax preparation free Podría tener derecho a reclamar el crédito en su declaración utilizando el estado civil de cabeza de familia. State tax preparation free Casados que viven aparte. State tax preparation free   No se le considera casado y tendrá derecho al crédito si reúne todas las condiciones siguientes: Presenta una declaración separada de su cónyuge. State tax preparation free Su vivienda es la vivienda de una persona calificada durante más de la mitad del año. State tax preparation free Usted paga más de la mitad del costo de mantener su hogar durante el año. State tax preparation free Su cónyuge no vive en el hogar de usted durante los últimos 6 meses del año. State tax preparation free Gastos de mantenimiento de la vivienda. State tax preparation free   Los gastos de mantenimiento de la vivienda suelen incluir impuestos sobre la propiedad, intereses hipotecarios, alquiler, cargos por servicios públicos, reparaciones en la vivienda, seguros para la vivienda, y alimentos consumidos en la vivienda. State tax preparation free   Los gastos de mantenimiento de la vivienda no incluyen pagos por ropa, educación, tratamiento médico, vacaciones, seguro de vida, transporte ni capital hipotecario. State tax preparation free   Tampoco incluyen la compra, mejoras permanentes ni reemplazo de propiedad. State tax preparation free Por ejemplo, usted no puede incluir los gastos de reemplazar un calentador de agua. State tax preparation free Sin embargo, sí puede incluir los gastos de reparar un calentador de agua. State tax preparation free Fallecimiento del cónyuge. State tax preparation free   Si su cónyuge fallece durante el año y usted no se vuelve a casar antes del final del año, por lo general, debe presentar una declaración conjunta para poder reclamar el crédito. State tax preparation free Si se vuelve a casar antes del final del año, puede reclamar el crédito en la declaración de su cónyuge fallecido. State tax preparation free Requisito de Identificación del Proveedor de Cuidados Tiene que identificar a todas las personas u organizaciones que provean cuidados para su hijo o dependiente. State tax preparation free Use la Parte I del Formulario 2441 para mostrar la información. State tax preparation free Si no tiene proveedores de cuidados y presenta el Formulario 2441 sólo para declarar ingresos tributables en la Parte III, anote “none” (ninguno) en la columna (a) de la línea 1. State tax preparation free Información que se necesita. State tax preparation free   Para identificar al proveedor del cuidado, tiene que dar la siguiente información sobre el proveedor: Nombre, Dirección y Número de identificación del contribuyente. State tax preparation free   Si el proveedor del cuidado es una persona física, el número de identificación del contribuyente es su número de Seguro Social o su número de identificación del contribuyente individual. State tax preparation free Si el proveedor del cuidado es una organización, entonces es su número de identificación del empleador (EIN, por sus siglas en inglés). State tax preparation free   No tiene que mostrar el número de identificación del contribuyente si el proveedor del cuidado es una organización exenta de impuestos (tal como una iglesia o escuela). State tax preparation free En este caso, escriba “Tax-Exempt” (Exento de impuestos) en el espacio donde el Formulario 2441 pide el número. State tax preparation free   Si no puede proveer toda la información o si dicha información es incorrecta, tiene que demostrar que usted actuó con debida diligencia (de la cual se habla más adelante) al tratar de facilitar la información necesaria. State tax preparation free Cómo obtener la información. State tax preparation free   Puede usar el Formulario W-10 para solicitar la información requerida del proveedor de cuidados. State tax preparation free Si no usa el Formulario W-10, puede obtener la información de una de las fuentes de información indicadas en las instrucciones del Formulario W-10, incluyendo: Una copia de la tarjeta del Seguro Social del proveedor, Una copia completada del Formulario W-4(SP) (o el Formulario W-4, en inglés) del proveedor de cuidados si éste es su empleado doméstico, Una copia del informe proporcionado por su empleador, si el proveedor es el plan de cuidado de dependientes de su empleador o Una carta o factura del proveedor si la información se muestra en ella. State tax preparation free    Debería mantener esta información como documentación de su historial tributario. State tax preparation free No envíe el Formulario W-10 (ni otros documentos que contengan esta información) al Servicio de Impuestos Internos (Internal Revenue Service). State tax preparation free Debida diligencia. State tax preparation free   Si la información acerca del proveedor de cuidados que usted proporcione es incorrecta o incompleta, es posible que no se le permita reclamar el crédito. State tax preparation free Sin embargo, si usted puede demostrar haber actuado con debida diligencia al tratar de dar la información, todavía podrá reclamar el crédito. State tax preparation free   Puede demostrar debida diligencia obteniendo y manteniendo un Formulario W-10 completado del proveedor o una de las fuentes de información enumeradas anteriormente. State tax preparation free Los proveedores de cuidados pueden ser sancionados si no le proporcionan esta información a usted, o si proporcionan información incorrecta. State tax preparation free Negativa del proveedor a dar información. State tax preparation free   Si el proveedor se niega a darle la información de identificación, usted debería declarar la información que tenga disponible (tal como el nombre y dirección) en el Formulario 2441. State tax preparation free Escriba “See Attached Statement” (Vea aclaración adjunta) en las columnas que piden la información que no tenga. State tax preparation free Luego adjunte una aclaración que explique que le solicitó la información al proveedor de cuidados, pero que el mismo no le dio la información. State tax preparation free Asegúrese de anotar su nombre y número de Seguro Social en la aclaración. State tax preparation free Dicha aclaración mostrará que usted actuó con debida diligencia al tratar de dar la información necesaria. State tax preparation free Ciudadanos y extranjeros residentes de los Estados Unidos que viven en el extranjero. State tax preparation free   Si vive en el extranjero, es posible que su proveedor de cuidados no tenga, y que no esté obligado a conseguir, un número de identificación del contribuyente de los EE. State tax preparation free UU. State tax preparation free (por ejemplo, un número de Seguro Social o número de identificación del empleador). State tax preparation free De ser así, escriba “LAFCP” (siglas en inglés que significan Living Abroad Foreign Care Provider (Proveedor de cuidados extranjero que vive en el extranjero)) en el espacio correspondiente al número de identificación del contribuyente perteneciente al proveedor de cuidados. State tax preparation free Cómo Calcular el Crédito Su crédito es un porcentaje de sus gastos relacionados con el trabajo. State tax preparation free Sus gastos están sujetos al límite del ingreso del trabajo y al límite de dinero. State tax preparation free El porcentaje se basa en su ingreso bruto ajustado. State tax preparation free Cómo Calcular el Total de los Gastos Relacionados con el Trabajo Para calcular su crédito por gastos relacionados con el trabajo del año 2013, sume sólo aquellos gastos pagados hasta el 31 de diciembre del año 2013. State tax preparation free Gastos pagados por adelantado en un año anterior. State tax preparation free   Si paga por algún servicio antes de que se provea de hecho, podrá usar los gastos pagados por adelantado solamente en el año en que el cuidado fue recibido. State tax preparation free Declare los gastos en el año posterior como si de hecho fueran pagados en ese año posterior. State tax preparation free Gastos no pagados hasta el año siguiente. State tax preparation free   No cuente los gastos ocasionados en el año 2012 que usted pagó en el año 2013 como gastos relacionados con el trabajo en el año 2013. State tax preparation free Quizás pueda reclamar un crédito adicional por dichos gastos en su declaración de impuestos del año 2013, pero tiene que calcularlo por separado. State tax preparation free Vea Payments for prior year's expenses (Pagos por gastos del año anterior), bajo Amount of Credit (Cantidad del crédito) en la Publicación 503, en inglés. State tax preparation free    Si incurrió en gastos en el año 2013 que no pagó hasta el año 2014, no los puede incluir cuando calcule el crédito del año 2013. State tax preparation free Quizás pueda reclamar un crédito por esa cantidad en la declaración de impuestos del año 2014. State tax preparation free Gastos reembolsados. State tax preparation free   Si una agencia estatal de servicios sociales le paga una cantidad no tributable para reembolsarle algunos de sus gastos por el cuidado de su hijo o dependiente, no puede considerar esos gastos como gastos relacionados con el trabajo. State tax preparation free Ejemplo. State tax preparation free Usted pagó $3,000 en gastos relacionados con el trabajo. State tax preparation free Una agencia estatal de servicios sociales le reembolsa $2,000. State tax preparation free Puede usar sólamente $1,000 para calcular el crédito. State tax preparation free Gastos médicos. State tax preparation free   Algunos gastos por el cuidado de personas calificadas que no puedan cuidarse de sí mismas podrían reunir los requisitos para considerarse como gastos relacionados con el trabajo y también como gastos médicos. State tax preparation free Puede usarlos de la manera que prefiera, pero no puede usar los mismos gastos para reclamar un crédito y también para declarar una deducción por gastos médicos. State tax preparation free   Si usa estos gastos para calcular el crédito y son mayores que el límite del ingreso del trabajo o el límite de dinero, los cuales se explican más adelante, puede añadir a los gastos médicos la parte que excede del límite. State tax preparation free Sin embargo, si usa el total de sus gastos para calcular la deducción de sus gastos médicos, no puede usar ninguna parte de los mismos para calcular el crédito. State tax preparation free    Las cantidades que han sido excluidas de sus ingresos conforme al plan de cuidados de dependientes de su empleador no se pueden usar para declarar una deducción por gastos médicos. State tax preparation free Beneficios para el Cuidado de Dependientes Si recibe beneficios para el cuidado de dependientes, el límite de dinero para propósitos del crédito podría ser disminuido. State tax preparation free Vea más adelante Reducción del Límite de Dinero . State tax preparation free No obstante, aun si no puede reclamar el crédito, quizás pueda declarar una exclusión o deducción por los beneficios para el cuidado de dependientes. State tax preparation free Beneficios para el cuidado de dependientes. State tax preparation free   Los beneficios para el cuidado de dependientes incluyen: Cantidades que su empleador le pague directamente a usted o directamente al proveedor de cuidados por el cuidado de su persona calificada mientras usted trabaje, El valor justo de mercado del cuidado en una guardería provista o financiada por su empleador y Aportaciones hechas por usted antes de la tasación de impuestos a una cuenta de gastos flexible para el cuidado de dependientes. State tax preparation free Puede ser que su sueldo haya sido reducido para pagar esos beneficios. State tax preparation free Si recibió beneficios como empleado, éstos deberían estar anotados en el recuadro 10 de su Formulario W-2. State tax preparation free Vea Informe del empleado , más adelante. State tax preparation free Los beneficios que usted recibió como socio deberían estar anotados en el recuadro 13 de su Anexo K-1 (Formulario 1065) con el código O. State tax preparation free Anote la cantidad de dichos beneficios en la línea 12 de la Parte III del Formulario 2441. State tax preparation free Exclusión o deducción. State tax preparation free   Si su empleador provee beneficios para el cuidado de dependientes, conforme a un plan calificado, tal vez pueda excluir estos beneficios de sus ingresos. State tax preparation free Su empleador le puede decir si su plan de beneficios reúne los requisitos. State tax preparation free Para declarar la exclusión, tiene que llenar la Parte III del Formulario 2441. State tax preparation free No puede usar el Formulario 1040EZ. State tax preparation free   Si trabaja por cuenta propia y recibe beneficios de un plan calificado de beneficios para el cuidado de dependientes, se le considera empleador y empleado a la vez. State tax preparation free Por lo tanto, no se le permite una exclusión del salario, sino una deducción en la línea 14 del Anexo C (Formulario 1040), en la línea 19 ó 28 del Anexo E (Formulario 1040), o en la línea 15 del Anexo F (Formulario 1040). State tax preparation free Para declarar la deducción, tiene que usar el Formulario 2441. State tax preparation free   La cantidad que se puede excluir o deducir se limita a la que sea menor entre las siguientes: La cantidad total de beneficios para el cuidado de dependientes que usted recibió durante el año, La cantidad total de gastos calificados en los que usted incurrió durante el año, Su ingreso del trabajo, El ingreso del trabajo de su cónyuge o $5,000 ($2,500 si son casados que presentan la declaración por separado). State tax preparation free La definición del ingreso del trabajo para fines de la exclusión o deducción es igual a la definición que se usa para calcular el crédito, salvo que el ingreso del trabajo para fines de la exclusión o deducción no incluye los beneficios para el cuidado de dependientes recibidos por usted. State tax preparation free Vea Límite del Ingreso del Trabajo, más adelante. State tax preparation free    Cuando está calculando su exclusión o deducción, usted puede elegir incluir en su ingreso del trabajo lo que ha ganado por concepto de pago por combate no sujeto a impuestos. State tax preparation free Tiene esta opción aun si usted elige no incluir esos pagos en su ingreso del trabajo para propósitos del crédito por ingreso del trabajo o el crédito por gastos del cuidado de menores y dependientes. State tax preparation free Informe del empleado. State tax preparation free   Su empleador tiene que entregarle a usted un Formulario W-2 (o informe parecido) que muestre en el recuadro 10 la cantidad total de los beneficios para el cuidado de dependientes que le fueron provistos a usted durante el año conforme a un plan calificado. State tax preparation free Su empleador también incluirá en sus salarios, anotados en el recuadro 1 de su Formulario W-2, todos los beneficios para el cuidado de dependientes que exceden de los $5,000. State tax preparation free Efecto de la exclusión sobre el crédito. State tax preparation free   Si excluye de sus ingresos los beneficios para el cuidado de dependientes, la cantidad de los beneficios excluidos: No se incluye en sus gastos relacionados con el trabajo y Reduce el límite de dinero, explicado más adelante. State tax preparation free Límite del Ingreso del Trabajo La cantidad de los gastos relacionados con el trabajo que usted puede utilizar para calcular su crédito no puede exceder: Del importe de su ingreso del trabajo del año, si está soltero al final del año ni Del que sea menor entre su ingreso del trabajo y el de su cónyuge durante el año, si están casados al final del año. State tax preparation free El ingreso del trabajo se define bajo Requisito del Ingreso del Trabajo , anteriormente. State tax preparation free En el caso del punto (2) anterior, utilice el total del ingreso del trabajo de su cónyuge durante todo el año, aunque estuviera casado solamente durante una parte del año. State tax preparation free Cónyuge separado. State tax preparation free   Si está legalmente separado o casado y no vive con su cónyuge (tal como se describe anteriormente bajo Requisito de la Declaración Conjunta ), a usted no se le considera casado para propósitos del límite del ingreso del trabajo. State tax preparation free Use solamente su propio ingreso al calcular el límite del ingreso del trabajo. State tax preparation free Cónyuge sobreviviente. State tax preparation free   Si su cónyuge falleció durante el año y usted presenta una declaración conjunta como cónyuge sobreviviente, puede, pero no está obligado a, tomar en cuenta el ingreso del trabajo de su cónyuge fallecido durante el año. State tax preparation free Leyes de los bienes gananciales. State tax preparation free   Debe hacer caso omiso de las leyes de los bienes gananciales al calcular el ingreso del trabajo para este crédito. State tax preparation free Si usted o cónyuge es estudiante o no puede cuidar de sí mismo. State tax preparation free   Si su cónyuge es estudiante a tiempo completo o no puede cuidar de sí mismo, se considera que tiene ingreso del trabajo. State tax preparation free Se considera que su ingreso del trabajo mensual es de por lo menos $250 si hay una persona calificada en la vivienda de usted, o de por lo menos $500 si hay dos o más personas en su vivienda. State tax preparation free Si su cónyuge trabaja. State tax preparation free   Si su cónyuge trabaja durante ese mes, utilice $250 (o $500) o el ingreso del trabajo real de él o ella para ese mes, lo que sea mayor. State tax preparation free Si su cónyuge reúne los requisitos por una parte de un mes. State tax preparation free    Si su cónyuge es estudiante a tiempo completo o no puede cuidar de sí mismo sólo por una parte del mes, la cantidad entera de $250 (o $500) todavía corresponde para ese mes. State tax preparation free Usted es estudiante o no puede cuidar de sí mismo. State tax preparation free   También corresponden estas reglas si usted es estudiante o no puede cuidar de sí mismo y presenta una declaración conjunta. State tax preparation free Por cada mes o parte del mes que sea un estudiante o que no pueda cuidar de sí mismo, se considera que su ingreso del trabajo es por lo menos $250 (o $500). State tax preparation free Si también trabaja durante ese mes, use la cantidad mayor de $250 (o $500) o su cantidad real de ingreso del trabajo para ese mes. State tax preparation free Si ambos cónyuges reúnen los requisitos. State tax preparation free   Si, en el mismo mes, tanto usted como su cónyuge son estudiantes a tiempo completo o no pueden cuidar de sí mismos, se puede considerar que sólo un cónyuge tiene este ingreso del trabajo de $250 (o $500) para ese mes. State tax preparation free Límite de Dinero Existe un límite en la cantidad de gastos relacionados con el trabajo que se puede usar para calcular el crédito. State tax preparation free El límite es $3,000 en el caso de una persona calificada, o $6,000 en el caso de dos o más personas calificadas. State tax preparation free Si pagó gastos relacionados con el trabajo por el cuidado de dos o más personas calificadas, el límite aplicable es de $6,000. State tax preparation free No hay necesidad de dividir dicho límite de $6,000 por igual entre ellas. State tax preparation free Por ejemplo, si sus gastos relacionados con el trabajo por el cuidado de una persona calificada son de $3,200 y los gastos relacionados con el trabajo por otra persona calificada son de $2,800, puede utilizar el total, $6,000, al calcular el crédito. State tax preparation free Límite anual. State tax preparation free   El límite de dinero es un límite anual. State tax preparation free La cantidad del límite de dinero se mantiene igual, sin importar cuánto tiempo durante el año tenga en su residencia a una persona calificada. State tax preparation free Utilice el límite de $3,000 si pagó gastos relacionados con el trabajo para una persona calificada en algún momento del año. State tax preparation free Utilice el límite de $6,000 si pagó gastos relacionados con el trabajo para más de una persona calificada en algún momento del año. State tax preparation free Reducción del Límite de Dinero Si recibió beneficios para el cuidado de dependientes que usted excluye o deduce de sus ingresos, tiene que restar esa cantidad del límite de dinero que le corresponde. State tax preparation free La reducción del límite de dinero se calcula en la Parte III del Formulario 2441. State tax preparation free Vea la sección anterior, Beneficios para el Cuidado de Dependientes , para información sobre cómo excluir o deducir estos beneficios. State tax preparation free Ejemplo 1. State tax preparation free Jorge es viudo, tiene un hijo y gana $24,000 al año. State tax preparation free Paga gastos relacionados con el trabajo de $2,900 por el cuidado de su hijo de 4 años de edad. State tax preparation free Jorge reúne los requisitos para reclamar el crédito por gastos del cuidado de menores y dependientes. State tax preparation free Su empleador paga $1,000 adicionales, conforme a un plan de beneficios para el cuidado de dependientes. State tax preparation free Estos $1,000 se excluyen de los ingresos de Jorge. State tax preparation free Aunque el límite de dinero para sus gastos relacionados con el trabajo es de $3,000 (una persona calificada), Jorge calcula su crédito basándose solamente en $2,000 de los $2,900 que pagó por gastos relacionados con el trabajo. State tax preparation free Ésto se debe a que su límite de dinero se ha reducido como se muestra a continuación:   Reducción del Límite de Dinero de Jorge 1) Máximo de gastos permitidos para una persona calificada $3,000 2) Menos: Los beneficios para el cuidado de dependientes que Jorge excluye de sus ingresos −1,000 3) Reducción del límite de dinero sobre los gastos que Jorge puede utilizar para el crédito $2,000 Ejemplo 2. State tax preparation free Ronaldo está casado y tanto él como su esposa trabajan. State tax preparation free Cada uno tiene ingreso del trabajo superior a $6,000. State tax preparation free Ellos tienen dos hijos, Anita y Antonio, de 2 y 4 años. State tax preparation free Sus hijos asisten a un centro de cuidados para niños durante el día, el cual es controlado por el estado, y con licencia expedida por el mismo. State tax preparation free Ronaldo tuvo $6,000 en gastos relacionados con su trabajo en el año. State tax preparation free El empleador de Ronaldo ofrece un programa de ayuda para el cuidado de dependientes como parte de su plan cafeteria, el cual permite que los empleados efectúen aportaciones a un plan de gastos flexibles para el cuidado de dependientes (Dependent care flexible spending arrangement) antes de que se tasen impuestos sobre las mismas. State tax preparation free Como parte de este programa, Ronaldo ha elegido tomar la exclusión máxima de $5,000 de su salario para pagar los gastos del cuidado de dependientes. State tax preparation free Aunque el límite de dinero para los gastos relacionados con el trabajo es de $6,000 (para dos o más personas calificadas), Ronaldo calcula su crédito usando sólo $1,000 de los $6,000 que pagó por concepto de gastos relacionados con el trabajo. State tax preparation free Esto se debe a la reducción de su límite de dinero, explicada a continuación. State tax preparation free   Reducción del Límite de Dinero de Ronaldo 1) Máximo de gastos permitidos para dos personas calificadas $6,000 2) Menos: Los beneficios para el cuidado de dependientes elegidos del plan “cafetería” ofrecido por su empleador, y excluidos del ingreso de Ronaldo −5,000 3) Reducción del límite de dinero sobre los gastos que Ronaldo puede utilizar para el crédito $1,000 Cantidad de Crédito Para determinar la cantidad de su crédito, multiplique sus gastos relacionados con el trabajo (después de aplicar el límite del ingreso del trabajo y el límite de dinero) por el porcentaje correspondiente. State tax preparation free Este porcentaje depende del ingreso bruto ajustado, como se refleja en la línea 38 del Formulario 1040 o la línea 22 del Formulario 1040A. State tax preparation free La tabla siguiente muestra el porcentaje que deberá usar basado en el ingreso bruto ajustado:   SI su ingreso bruto ajustado es: ENTONCES el       Más de   Pero no más de   porcentaje es:       $0   $15,000   35%       15,000   17,000   34%       17,000   19,000   33%       19,000   21,000   32%       21,000   23,000   31%       23,000   25,000   30%       25,000   27,000   29%       27,000   29,000   28%       29,000   31,000   27%       31,000   33,000   26%       33,000   35,000   25%       35,000   37,000   24%       37,000   39,000   23%       39,000   41,000   22%       41,000   43,000   21%       43,000   No hay límite   20%   Cómo Reclamar el Crédito Para reclamar el crédito, puede presentar el Formulario 1040 o el Formulario 1040A. State tax preparation free No puede reclamar el crédito en el Formulario 1040EZ. State tax preparation free Formulario 1040 ó 1040A. State tax preparation free   Tiene que completar el Formulario 2441 y adjuntar el mismo a su Formulario 1040 ó 1040A. State tax preparation free Anote la cantidad del crédito en la línea 48 del Formulario 1040 o la línea 29 del Formulario 1040A. State tax preparation free Límite de crédito. State tax preparation free   En la mayoría de los casos, la cantidad de crédito que puede reclamar se limita a la cantidad de su impuesto. State tax preparation free Para más información vea las Instrucciones del Formulario 2441. State tax preparation free Crédito tributario no reembolsable. State tax preparation free   No puede obtener un reembolso por parte alguna del crédito que supere este límite. State tax preparation free Mantenimiento de documentación. State tax preparation free Usted debería mantener datos y registros de los gastos relacionados con el trabajo. State tax preparation free Además, si su dependiente o cónyuge no puede cuidar de sí mismo, los datos y registros que mantiene deben indicar tanto la forma como la duración de la incapacidad. State tax preparation free Otros datos y documentos que debería mantener para respaldar su solicitud de crédito se describen anteriormente bajo Requisito de Identificación del Proveedor de Cuidados . State tax preparation free Impuestos sobre la Nómina para Empleadores de Empleados Domésticos Si le paga a alguien para que venga a su hogar y cuide a su dependiente o a su cónyuge, es posible que se le considere un empleador de empleados domésticos. State tax preparation free Si es empleador de empleados domésticos, necesitará obtener un número de identificación del empleador (EIN) y quizás tenga que pagar impuestos sobre la nómina. State tax preparation free Si las personas que trabajan en la residencia de usted son empleados autónomos, es decir, trabajan por cuenta propia, usted no es responsable de ninguno de los impuestos que se explican en esta sección. State tax preparation free Las personas que trabajan por cuenta propia no son empleados domésticos. State tax preparation free Por lo general, usted no es empleador de empleados domésticos si la persona que cuida a su dependiente o cónyuge presta el servicio de cuidados en su propia residencia o lugar de negocio. State tax preparation free Si usa una agencia de empleo que tiene control sobre la clase de trabajo que realiza una niñera o acompañante que trabaja en la vivienda de usted, y sobre la manera en que se realiza el mismo, aquella persona no es su empleado. State tax preparation free Dicho control podría incluir proveer reglas de conducta y aspecto personal y exigir la entrega de informes con regularidad. State tax preparation free Si ese es el caso, usted no tiene que pagar impuestos sobre la nómina. State tax preparation free Sin embargo, si una agencia sólo le entrega una lista de niñeros o niñeras y usted contrata a uno de los que encontró en esa lista y paga directamente al mismo por sus servicios, dicha persona podría ser su empleado. State tax preparation free Si tiene un empleado doméstico usted podría estar sujeto a: Los impuestos del Seguro Social y Medicare, El impuesto federal sobre el desempleo y La retención del impuesto federal sobre el ingreso. State tax preparation free Los impuestos del Seguro Social y Medicare, por lo general, son retenidos de la paga de los empleados, y los empleadores pagan una cantidad igual. State tax preparation free El impuesto federal para el desempleo (FUTA, por sus siglas en inglés) lo paga solamente el empleador y son pagos por desempleo a empleados que hayan perdido su trabajo. State tax preparation free El impuesto federal sobre el ingreso se retiene del sueldo total del empleado si él le pide que lo haga y usted está de acuerdo. State tax preparation free Para más información sobre las responsabilidades tributarias de un empleador doméstico, vea la Publicación 926 y el Anexo H (Formulario 1040), en inglés, y las instrucciones correspondientes. State tax preparation free Impuestos estatales sobre la nómina. State tax preparation free   Es posible que también tenga que pagar el impuesto estatal de desempleo. State tax preparation free Póngase en contacto con su oficina de impuestos estatales para el desempleo a fin de obtener más información. State tax preparation free También debería averiguar si necesita pagar o cobrar otros impuestos estatales sobre la nómina o tener seguro de compensación al trabajador. State tax preparation free Para una lista de agencias de impuestos estatales de desempleo, vísite el sitio web del U. State tax preparation free S. State tax preparation free Department of Labor (Departamento del Trabajo). State tax preparation free Un enlace a este sitio web está en la Publicación 926, en inglés, o lo puede buscar en línea. State tax preparation free Prev  Up  Next   Home   More Online Publications
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State tax preparation free 1. State tax preparation free   Traditional IRAs Table of Contents What's New for 2013 What's New for 2014 Introduction Who Can Open a Traditional IRA?What Is Compensation? When Can a Traditional IRA Be Opened? How Can a Traditional IRA Be Opened?Individual Retirement Account Individual Retirement Annuity Individual Retirement Bonds Simplified Employee Pension (SEP) Employer and Employee Association Trust Accounts Required Disclosures How Much Can Be Contributed?Limit. State tax preparation free When repayment contributions can be made. State tax preparation free No deduction. State tax preparation free Reserve component. State tax preparation free Figuring your IRA deduction. State tax preparation free Reporting the repayment. State tax preparation free Example. State tax preparation free General Limit Kay Bailey Hutchison Spousal IRA Limit Filing Status Less Than Maximum Contributions More Than Maximum Contributions When Can Contributions Be Made? How Much Can You Deduct?Kay Bailey Hutchison Spousal IRA. State tax preparation free Are You Covered by an Employer Plan? Limit if Covered by Employer Plan Reporting Deductible Contributions Nondeductible Contributions Examples — Worksheet for Reduced IRA Deduction for 2013 What if You Inherit an IRA?Treating it as your own. State tax preparation free Can You Move Retirement Plan Assets?Transfers to Roth IRAs from other retirement plans. State tax preparation free Trustee-to-Trustee Transfer Rollovers Transfers Incident To Divorce Converting From Any Traditional IRA Into a Roth IRA Recharacterizations When Can You Withdraw or Use Assets?Contributions Returned Before Due Date of Return When Must You Withdraw Assets? (Required Minimum Distributions)IRA Owners IRA Beneficiaries Which Table Do You Use To Determine Your Required Minimum Distribution? What Age(s) Do You Use With the Table(s)? Miscellaneous Rules for Required Minimum Distributions Are Distributions Taxable?January 2013 QCDs treated as made in 2012. State tax preparation free 2013 Reporting. State tax preparation free Additional reporting requirements if you made the election to treat a January 2013 QCD as made in 2012. State tax preparation free One-time transfer. State tax preparation free Testing period rules apply. State tax preparation free More information. State tax preparation free Distributions Fully or Partly Taxable Figuring the Nontaxable and Taxable Amounts Recognizing Losses on Traditional IRA Investments Other Special IRA Distribution Situations Reporting and Withholding Requirements for Taxable Amounts What Acts Result in Penalties or Additional Taxes?Prohibited Transactions Investment in Collectibles Excess Contributions Early Distributions Excess Accumulations (Insufficient Distributions) Reporting Additional Taxes What's New for 2013 Traditional IRA contribution and deduction limit. State tax preparation free  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. State tax preparation free 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. State tax preparation free For more information, see How Much Can Be Contributed? in this chapter. State tax preparation free Modified AGI limit for traditional IRA contributions increased. State tax preparation free  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. State tax preparation free 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. State tax preparation free If your modified AGI is $188,000 or more, you cannot take a deduction for contributions to a traditional IRA. State tax preparation free See How Much Can You Deduct? in this chapter. State tax preparation free Net Investment Income Tax. State tax preparation free  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). State tax preparation free However, these distributions are taken into account when determining the modified adjusted gross income threshold. State tax preparation free Distributions from a nonqualified retirement plan are included in net investment income. State tax preparation free See Form 8960, Net Investment Income Tax—Individuals, Estates, and Trusts, and its instructions for more information. State tax preparation free What's New for 2014 Modified AGI limit for traditional IRA contributions increased. State tax preparation free  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. State tax preparation free 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. State tax preparation free If your modified AGI is $191,000 or more, you cannot take a deduction for contributions to a traditional IRA. State tax preparation free Introduction This chapter discusses the original IRA. State tax preparation free In this publication the original IRA (sometimes called an ordinary or regular IRA) is referred to as a “traditional IRA. State tax preparation free ” A traditional IRA is any IRA that is not a Roth IRA or a SIMPLE IRA. State tax preparation free The following are two advantages of a traditional IRA: You may be able to deduct some or all of your contributions to it, depending on your circumstances. State tax preparation free Generally, amounts in your IRA, including earnings and gains, are not taxed until they are distributed. State tax preparation free Who Can Open a Traditional IRA? You can open and make contributions to a traditional IRA if: You (or, if you file a joint return, your spouse) received taxable compensation during the year, and You were not age 70½ by the end of the year. State tax preparation free You can have a traditional IRA whether or not you are covered by any other retirement plan. State tax preparation free However, you may not be able to deduct all of your contributions if you or your spouse is covered by an employer retirement plan. State tax preparation free See How Much Can You Deduct , later. State tax preparation free Both spouses have compensation. State tax preparation free   If both you and your spouse have compensation and are under age 70½, each of you can open an IRA. State tax preparation free You cannot both participate in the same IRA. State tax preparation free If you file a joint return, only one of you needs to have compensation. State tax preparation free What Is Compensation? Generally, compensation is what you earn from working. State tax preparation free For a summary of what compensation does and does not include, see Table 1-1. State tax preparation free Compensation includes all of the items discussed next (even if you have more than one type). State tax preparation free Wages, salaries, etc. State tax preparation free   Wages, salaries, tips, professional fees, bonuses, and other amounts you receive for providing personal services are compensation. State tax preparation free The IRS treats as compensation any amount properly shown in box 1 (Wages, tips, other compensation) of Form W-2, Wage and Tax Statement, provided that amount is reduced by any amount properly shown in box 11 (Nonqualified plans). State tax preparation free Scholarship and fellowship payments are compensation for IRA purposes only if shown in box 1 of Form W-2. State tax preparation free Commissions. State tax preparation free   An amount you receive that is a percentage of profits or sales price is compensation. State tax preparation free Self-employment income. State tax preparation free   If you are self-employed (a sole proprietor or a partner), compensation is the net earnings from your trade or business (provided your personal services are a material income-producing factor) reduced by the total of: The deduction for contributions made on your behalf to retirement plans, and The deduction allowed for the deductible part of your self-employment taxes. State tax preparation free   Compensation includes earnings from self-employment even if they are not subject to self-employment tax because of your religious beliefs. State tax preparation free Self-employment loss. State tax preparation free   If you have a net loss from self-employment, do not subtract the loss from your salaries or wages when figuring your total compensation. State tax preparation free Alimony and separate maintenance. State tax preparation free   For IRA purposes, compensation includes any taxable alimony and separate maintenance payments you receive under a decree of divorce or separate maintenance. State tax preparation free Nontaxable combat pay. State tax preparation free   If you were a member of the U. State tax preparation free S. State tax preparation free Armed Forces, compensation includes any nontaxable combat pay you received. State tax preparation free This amount should be reported in box 12 of your 2013 Form W-2 with code Q. State tax preparation free Table 1-1. State tax preparation free Compensation for Purposes of an IRA Includes . State tax preparation free . State tax preparation free . State tax preparation free Does not include . State tax preparation free . State tax preparation free . State tax preparation free   earnings and profits from property. State tax preparation free wages, salaries, etc. State tax preparation free     interest and dividend income. State tax preparation free commissions. State tax preparation free     pension or annuity income. State tax preparation free self-employment income. State tax preparation free     deferred compensation. State tax preparation free alimony and separate maintenance. State tax preparation free     income from certain  partnerships. State tax preparation free nontaxable combat pay. State tax preparation free     any amounts you exclude from income. State tax preparation free     What Is Not Compensation? Compensation does not include any of the following items. State tax preparation free Earnings and profits from property, such as rental income, interest income, and dividend income. State tax preparation free Pension or annuity income. State tax preparation free Deferred compensation received (compensation payments postponed from a past year). State tax preparation free Income from a partnership for which you do not provide services that are a material income-producing factor. State tax preparation free Conservation Reserve Program (CRP) payments reported on Schedule SE (Form 1040), line 1b. State tax preparation free Any amounts (other than combat pay) you exclude from income, such as foreign earned income and housing costs. State tax preparation free When Can a Traditional IRA Be Opened? You can open a traditional IRA at any time. State tax preparation free However, the time for making contributions for any year is limited. State tax preparation free See When Can Contributions Be Made , later. State tax preparation free How Can a Traditional IRA Be Opened? You can open different kinds of IRAs with a variety of organizations. State tax preparation free You can open an IRA at a bank or other financial institution or with a mutual fund or life insurance company. State tax preparation free You can also open an IRA through your stockbroker. State tax preparation free Any IRA must meet Internal Revenue Code requirements. State tax preparation free The requirements for the various arrangements are discussed below. State tax preparation free Kinds of traditional IRAs. State tax preparation free   Your traditional IRA can be an individual retirement account or annuity. State tax preparation free It can be part of either a simplified employee pension (SEP) or an employer or employee association trust account. State tax preparation free Individual Retirement Account An individual retirement account is a trust or custodial account set up in the United States for the exclusive benefit of you or your beneficiaries. State tax preparation free The account is created by a written document. State tax preparation free The document must show that the account meets all of the following requirements. State tax preparation free The trustee or custodian must be a bank, a federally insured credit union, a savings and loan association, or an entity approved by the IRS to act as trustee or custodian. State tax preparation free The trustee or custodian generally cannot accept contributions of more than the deductible amount for the year. State tax preparation free However, rollover contributions and employer contributions to a simplified employee pension (SEP) can be more than this amount. State tax preparation free Contributions, except for rollover contributions, must be in cash. State tax preparation free See Rollovers , later. State tax preparation free You must have a nonforfeitable right to the amount at all times. State tax preparation free Money in your account cannot be used to buy a life insurance policy. State tax preparation free Assets in your account cannot be combined with other property, except in a common trust fund or common investment fund. State tax preparation free You must start receiving distributions by April 1 of the year following the year in which you reach age 70½. State tax preparation free See When Must You Withdraw Assets? (Required Minimum Distributions) , later. State tax preparation free Individual Retirement Annuity You can open an individual retirement annuity by purchasing an annuity contract or an endowment contract from a life insurance company. State tax preparation free An individual retirement annuity must be issued in your name as the owner, and either you or your beneficiaries who survive you are the only ones who can receive the benefits or payments. State tax preparation free An individual retirement annuity must meet all the following requirements. State tax preparation free Your entire interest in the contract must be nonforfeitable. State tax preparation free The contract must provide that you cannot transfer any portion of it to any person other than the issuer. State tax preparation free There must be flexible premiums so that if your compensation changes, your payment can also change. State tax preparation free This provision applies to contracts issued after November 6, 1978. State tax preparation free The contract must provide that contributions cannot be more than the deductible amount for an IRA for the year, and that you must use any refunded premiums to pay for future premiums or to buy more benefits before the end of the calendar year after the year in which you receive the refund. State tax preparation free Distributions must begin by April 1 of the year following the year in which you reach age 70½. State tax preparation free See When Must You Withdraw Assets? (Required Minimum Distributions) , later. State tax preparation free Individual Retirement Bonds The sale of individual retirement bonds issued by the federal government was suspended after April 30, 1982. State tax preparation free The bonds have the following features. State tax preparation free They stop earning interest when you reach age 70½. State tax preparation free If you die, interest will stop 5 years after your death, or on the date you would have reached age 70½, whichever is earlier. State tax preparation free You cannot transfer the bonds. State tax preparation free If you cash (redeem) the bonds before the year in which you reach age 59½, you may be subject to a 10% additional tax. State tax preparation free See Age 59½ Rule under Early Distributions, later. State tax preparation free You can roll over redemption proceeds into IRAs. State tax preparation free Simplified Employee Pension (SEP) A simplified employee pension (SEP) is a written arrangement that allows your employer to make deductible contributions to a traditional IRA (a SEP IRA) set up for you to receive such contributions. State tax preparation free Generally, distributions from SEP IRAs are subject to the withdrawal and tax rules that apply to traditional IRAs. State tax preparation free See Publication 560 for more information about SEPs. State tax preparation free Employer and Employee Association Trust Accounts Your employer or your labor union or other employee association can set up a trust to provide individual retirement accounts for employees or members. State tax preparation free The requirements for individual retirement accounts apply to these traditional IRAs. State tax preparation free Required Disclosures The trustee or issuer (sometimes called the sponsor) of your traditional IRA generally must give you a disclosure statement at least 7 days before you open your IRA. State tax preparation free However, the sponsor does not have to give you the statement until the date you open (or purchase, if earlier) your IRA, provided you are given at least 7 days from that date to revoke the IRA. State tax preparation free The disclosure statement must explain certain items in plain language. State tax preparation free For example, the statement should explain when and how you can revoke the IRA, and include the name, address, and telephone number of the person to receive the notice of cancellation. State tax preparation free This explanation must appear at the beginning of the disclosure statement. State tax preparation free If you revoke your IRA within the revocation period, the sponsor must return to you the entire amount you paid. State tax preparation free The sponsor must report on the appropriate IRS forms both your contribution to the IRA (unless it was made by a trustee-to-trustee transfer) and the amount returned to you. State tax preparation free These requirements apply to all sponsors. State tax preparation free How Much Can Be Contributed? There are limits and other rules that affect the amount that can be contributed to a traditional IRA. State tax preparation free These limits and rules are explained below. State tax preparation free Community property laws. State tax preparation free   Except as discussed later under Kay Bailey Hutchison Spousal IRA Limit , each spouse figures his or her limit separately, using his or her own compensation. State tax preparation free This is the rule even in states with community property laws. State tax preparation free Brokers' commissions. State tax preparation free   Brokers' commissions paid in connection with your traditional IRA are subject to the contribution limit. State tax preparation free For information about whether you can deduct brokers' commissions, see Brokers' commissions , later, under How Much Can You Deduct. State tax preparation free Trustees' fees. State tax preparation free   Trustees' administrative fees are not subject to the contribution limit. State tax preparation free For information about whether you can deduct trustees' fees, see Trustees' fees , later, under How Much Can You Deduct. State tax preparation free Qualified reservist repayments. State tax preparation free   If you were a member of a reserve component and you were ordered or called to active duty after September 11, 2001, you may be able to contribute (repay) to an IRA amounts equal to any qualified reservist distributions (defined later under Early Distributions) you received. State tax preparation free You can make these repayment contributions even if they would cause your total contributions to the IRA to be more than the general limit on contributions. State tax preparation free To be eligible to make these repayment contributions, you must have received a qualified reservist distribution from an IRA or from a section 401(k) or 403(b) plan or a similar arrangement. State tax preparation free Limit. State tax preparation free   Your qualified reservist repayments cannot be more than your qualified reservist distributions, explained under Early Distributions , later. State tax preparation free When repayment contributions can be made. State tax preparation free   You cannot make these repayment contributions later than the date that is 2 years after your active duty period ends. State tax preparation free No deduction. State tax preparation free   You cannot deduct qualified reservist repayments. State tax preparation free Reserve component. State tax preparation free   The term “reserve component” means the: Army National Guard of the United States, Army Reserve, Naval Reserve, Marine Corps Reserve, Air National Guard of the United States, Air Force Reserve, Coast Guard Reserve, or Reserve Corps of the Public Health Service. State tax preparation free Figuring your IRA deduction. State tax preparation free   The repayment of qualified reservist distributions does not affect the amount you can deduct as an IRA contribution. State tax preparation free Reporting the repayment. State tax preparation free   If you repay a qualified reservist distribution, include the amount of the repayment with nondeductible contributions on line 1 of Form 8606. State tax preparation free Example. State tax preparation free   In 2013, your IRA contribution limit is $5,500. State tax preparation free However, because of your filing status and AGI, the limit on the amount you can deduct is $3,500. State tax preparation free You can make a nondeductible contribution of $2,000 ($5,500 - $3,500). State tax preparation free In an earlier year you received a $3,000 qualified reservist distribution, which you would like to repay this year. State tax preparation free   For 2013, you can contribute a total of $8,500 to your IRA. State tax preparation free This is made up of the maximum deductible contribution of $3,500; a nondeductible contribution of $2,000; and a $3,000 qualified reservist repayment. State tax preparation free You contribute the maximum allowable for the year. State tax preparation free Since you are making a nondeductible contribution ($2,000) and a qualified reservist repayment ($3,000), you must file Form 8606 with your return and include $5,000 ($2,000 + $3,000) on line 1 of Form 8606. State tax preparation free The qualified reservist repayment is not deductible. State tax preparation free Contributions on your behalf to a traditional IRA reduce your limit for contributions to a Roth IRA. State tax preparation free See chapter 2 for information about Roth IRAs. State tax preparation free General Limit For 2013, the most that can be contributed to your traditional IRA generally is the smaller of the following amounts: $5,500 ($6,500 if you are age 50 or older), or Your taxable compensation (defined earlier) for the year. State tax preparation free Note. State tax preparation free This limit is reduced by any contributions to a section 501(c)(18) plan (generally, a pension plan created before June 25, 1959, that is funded entirely by employee contributions). State tax preparation free This is the most that can be contributed regardless of whether the contributions are to one or more traditional IRAs or whether all or part of the contributions are nondeductible. State tax preparation free (See Nondeductible Contributions , later. State tax preparation free ) Qualified reservist repayments do not affect this limit. State tax preparation free Examples. State tax preparation free George, who is 34 years old and single, earns $24,000 in 2013. State tax preparation free His IRA contributions for 2013 are limited to $5,500. State tax preparation free Danny, an unmarried college student working part time, earns $3,500 in 2013. State tax preparation free His IRA contributions for 2013 are limited to $3,500, the amount of his compensation. State tax preparation free More than one IRA. State tax preparation free   If you have more than one IRA, the limit applies to the total contributions made on your behalf to all your traditional IRAs for the year. State tax preparation free Annuity or endowment contracts. State tax preparation free   If you invest in an annuity or endowment contract under an individual retirement annuity, no more than $5,500 ($6,500 if you are age 50 or older) can be contributed toward its cost for the tax year, including the cost of life insurance coverage. State tax preparation free If more than this amount is contributed, the annuity or endowment contract is disqualified. State tax preparation free Kay Bailey Hutchison Spousal IRA Limit For 2013, if you file a joint return and your taxable compensation is less than that of your spouse, the most that can be contributed for the year to your IRA is the smaller of the following two amounts: $5,500 ($6,500 if you are age 50 or older), or The total compensation includible in the gross income of both you and your spouse for the year, reduced by the following two amounts. State tax preparation free Your spouse's IRA contribution for the year to a traditional IRA. State tax preparation free Any contributions for the year to a Roth IRA on behalf of your spouse. State tax preparation free This means that the total combined contributions that can be made for the year to your IRA and your spouse's IRA can be as much as $11,000 ($12,000 if only one of you is age 50 or older or $13,000 if both of you are age 50 or older). State tax preparation free Note. State tax preparation free This traditional IRA limit is reduced by any contributions to a section 501(c)(18) plan (generally, a pension plan created before June 25, 1959, that is funded entirely by employee contributions). State tax preparation free Example. State tax preparation free Kristin, a full-time student with no taxable compensation, marries Carl during the year. State tax preparation free Neither of them was age 50 by the end of 2013. State tax preparation free For the year, Carl has taxable compensation of $30,000. State tax preparation free He plans to contribute (and deduct) $5,500 to a traditional IRA. State tax preparation free If he and Kristin file a joint return, each can contribute $5,500 to a traditional IRA. State tax preparation free This is because Kristin, who has no compensation, can add Carl's compensation, reduced by the amount of his IRA contribution ($30,000 − $5,500 = $24,500), to her own compensation (-0-) to figure her maximum contribution to a traditional IRA. State tax preparation free In her case, $5,500 is her contribution limit, because $5,500 is less than $24,500 (her compensation for purposes of figuring her contribution limit). State tax preparation free Filing Status Generally, except as discussed earlier under Kay Bailey Hutchison Spousal IRA Limit , your filing status has no effect on the amount of allowable contributions to your traditional IRA. State tax preparation free However, if during the year either you or your spouse was covered by a retirement plan at work, your deduction may be reduced or eliminated, depending on your filing status and income. State tax preparation free See How Much Can You Deduct , later. State tax preparation free Example. State tax preparation free Tom and Darcy are married and both are 53. State tax preparation free They both work and each has a traditional IRA. State tax preparation free Tom earned $3,800 and Darcy earned $48,000 in 2013. State tax preparation free Because of the Kay Bailey Hutchison Spousal IRA limit rule, even though Tom earned less than $6,500, they can contribute up to $6,500 to his IRA for 2013 if they file a joint return. State tax preparation free They can contribute up to $6,500 to Darcy's IRA. State tax preparation free If they file separate returns, the amount that can be contributed to Tom's IRA is limited by his earned income, $3,800. State tax preparation free Less Than Maximum Contributions If contributions to your traditional IRA for a year were less than the limit, you cannot contribute more after the due date of your return for that year to make up the difference. State tax preparation free Example. State tax preparation free Rafael, who is 40, earns $30,000 in 2013. State tax preparation free Although he can contribute up to $5,500 for 2013, he contributes only $3,000. State tax preparation free After April 15, 2014, Rafael cannot make up the difference between his actual contributions for 2013 ($3,000) and his 2013 limit ($5,500). State tax preparation free He cannot contribute $2,500 more than the limit for any later year. State tax preparation free More Than Maximum Contributions If contributions to your IRA for a year were more than the limit, you can apply the excess contribution in one year to a later year if the contributions for that later year are less than the maximum allowed for that year. State tax preparation free However, a penalty or additional tax may apply. State tax preparation free See Excess Contributions , later, under What Acts Result in Penalties or Additional Taxes. State tax preparation free When Can Contributions Be Made? As soon as you open your traditional IRA, contributions can be made to it through your chosen sponsor (trustee or other administrator). State tax preparation free Contributions must be in the form of money (cash, check, or money order). State tax preparation free Property cannot be contributed. State tax preparation free Although property cannot be contributed, your IRA may invest in certain property. State tax preparation free For example, your IRA may purchase shares of stock. State tax preparation free For other restrictions on the use of funds in your IRA, see Prohibited Transactions , later in this chapter. State tax preparation free You may be able to transfer or roll over certain property from one retirement plan to another. State tax preparation free See the discussion of rollovers and other transfers later in this chapter under Can You Move Retirement Plan Assets . State tax preparation free You can make a contribution to your IRA by having your income tax refund (or a portion of your refund), if any, paid directly to your traditional IRA, Roth IRA, or SEP IRA. State tax preparation free For details, see the instructions for your income tax return or Form 8888, Allocation of Refund (Including Savings Bond Purchases). State tax preparation free Contributions can be made to your traditional IRA for each year that you receive compensation and have not reached age 70½. State tax preparation free For any year in which you do not work, contributions cannot be made to your IRA unless you receive alimony, nontaxable combat pay, military differential pay, or file a joint return with a spouse who has compensation. State tax preparation free See Who Can Open a Traditional IRA , earlier. State tax preparation free Even if contributions cannot be made for the current year, the amounts contributed for years in which you did qualify can remain in your IRA. State tax preparation free Contributions can resume for any years that you qualify. State tax preparation free Contributions must be made by due date. State tax preparation free   Contributions can be made to your traditional IRA for a year at any time during the year or by the due date for filing your return for that year, not including extensions. State tax preparation free For most people, this means that contributions for 2013 must be made by April 15, 2014, and contributions for 2014 must be made by April 15, 2015. State tax preparation free Age 70½ rule. State tax preparation free   Contributions cannot be made to your traditional IRA for the year in which you reach age 70½ or for any later year. State tax preparation free   You attain age 70½ on the date that is 6 calendar months after the 70th anniversary of your birth. State tax preparation free If you were born on or before June 30, 1943, you cannot contribute for 2013 or any later year. State tax preparation free Designating year for which contribution is made. State tax preparation free   If an amount is contributed to your traditional IRA between January 1 and April 15, you should tell the sponsor which year (the current year or the previous year) the contribution is for. State tax preparation free If you do not tell the sponsor which year it is for, the sponsor can assume, and report to the IRS, that the contribution is for the current year (the year the sponsor received it). State tax preparation free Filing before a contribution is made. State tax preparation free    You can file your return claiming a traditional IRA contribution before the contribution is actually made. State tax preparation free Generally, the contribution must be made by the due date of your return, not including extensions. State tax preparation free Contributions not required. State tax preparation free   You do not have to contribute to your traditional IRA for every tax year, even if you can. State tax preparation free How Much Can You Deduct? Generally, you can deduct the lesser of: The contributions to your traditional IRA for the year, or The general limit (or the Kay Bailey Hutchison Spousal IRA limit, if applicable) explained earlier under How Much Can Be Contributed . State tax preparation free However, if you or your spouse was covered by an employer retirement plan, you may not be able to deduct this amount. State tax preparation free See Limit if Covered by Employer Plan , later. State tax preparation free You may be able to claim a credit for contributions to your traditional IRA. State tax preparation free For more information, see chapter 4. State tax preparation free Trustees' fees. State tax preparation free   Trustees' administrative fees that are billed separately and paid in connection with your traditional IRA are not deductible as IRA contributions. State tax preparation free However, they may be deductible as a miscellaneous itemized deduction on Schedule A (Form 1040). State tax preparation free For information about miscellaneous itemized deductions, see Publication 529, Miscellaneous Deductions. State tax preparation free Brokers' commissions. State tax preparation free   These commissions are part of your IRA contribution and, as such, are deductible subject to the limits. State tax preparation free Full deduction. State tax preparation free   If neither you nor your spouse was covered for any part of the year by an employer retirement plan, you can take a deduction for total contributions to one or more of your traditional IRAs of up to the lesser of: $5,500 ($6,500 if you are age 50 or older), or 100% of your compensation. State tax preparation free   This limit is reduced by any contributions made to a 501(c)(18) plan on your behalf. State tax preparation free Kay Bailey Hutchison Spousal IRA. State tax preparation free   In the case of a married couple with unequal compensation who file a joint return, the deduction for contributions to the traditional IRA of the spouse with less compensation is limited to the lesser of: $5,500 ($6,500 if the spouse with the lower compensation is age 50 or older), or The total compensation includible in the gross income of both spouses for the year reduced by the following three amounts. State tax preparation free The IRA deduction for the year of the spouse with the greater compensation. State tax preparation free Any designated nondeductible contribution for the year made on behalf of the spouse with the greater compensation. State tax preparation free Any contributions for the year to a Roth IRA on behalf of the spouse with the greater compensation. State tax preparation free   This limit is reduced by any contributions to a section 501(c)(18) plan on behalf of the spouse with the lesser compensation. State tax preparation free Note. State tax preparation free If you were divorced or legally separated (and did not remarry) before the end of the year, you cannot deduct any contributions to your spouse's IRA. State tax preparation free After a divorce or legal separation, you can deduct only the contributions to your own IRA. State tax preparation free Your deductions are subject to the rules for single individuals. State tax preparation free Covered by an employer retirement plan. State tax preparation free   If you or your spouse was covered by an employer retirement plan at any time during the year for which contributions were made, your deduction may be further limited. State tax preparation free This is discussed later under Limit if Covered by Employer Plan . State tax preparation free Limits on the amount you can deduct do not affect the amount that can be contributed. State tax preparation free Are You Covered by an Employer Plan? The Form W-2 you receive from your employer has a box used to indicate whether you were covered for the year. State tax preparation free The “Retirement Plan” box should be checked if you were covered. State tax preparation free Reservists and volunteer firefighters should also see Situations in Which You Are Not Covered , later. State tax preparation free If you are not certain whether you were covered by your employer's retirement plan, you should ask your employer. State tax preparation free Federal judges. State tax preparation free   For purposes of the IRA deduction, federal judges are covered by an employer plan. State tax preparation free For Which Year(s) Are You Covered? Special rules apply to determine the tax years for which you are covered by an employer plan. State tax preparation free These rules differ depending on whether the plan is a defined contribution plan or a defined benefit plan. State tax preparation free Tax year. State tax preparation free   Your tax year is the annual accounting period you use to keep records and report income and expenses on your income tax return. State tax preparation free For almost all people, the tax year is the calendar year. State tax preparation free Defined contribution plan. State tax preparation free   Generally, you are covered by a defined contribution plan for a tax year if amounts are contributed or allocated to your account for the plan year that ends with or within that tax year. State tax preparation free However, also see Situations in Which You Are Not Covered , later. State tax preparation free   A defined contribution plan is a plan that provides for a separate account for each person covered by the plan. State tax preparation free In a defined contribution plan, the amount to be contributed to each participant's account is spelled out in the plan. State tax preparation free The level of benefits actually provided to a participant depends on the total amount contributed to that participant's account and any earnings and losses on those contributions. State tax preparation free Types of defined contribution plans include profit-sharing plans, stock bonus plans, and money purchase pension plans. State tax preparation free Example. State tax preparation free Company A has a money purchase pension plan. State tax preparation free Its plan year is from July 1 to June 30. State tax preparation free The plan provides that contributions must be allocated as of June 30. State tax preparation free Bob, an employee, leaves Company A on December 31, 2012. State tax preparation free The contribution for the plan year ending on June 30, 2013, is made February 15, 2014. State tax preparation free Because an amount is contributed to Bob's account for the plan year, Bob is covered by the plan for his 2013 tax year. State tax preparation free   A special rule applies to certain plans in which it is not possible to determine if an amount will be contributed to your account for a given plan year. State tax preparation free If, for a plan year, no amounts have been allocated to your account that are attributable to employer contributions, employee contributions, or forfeitures, by the last day of the plan year, and contributions are discretionary for the plan year, you are not covered for the tax year in which the plan year ends. State tax preparation free If, after the plan year ends, the employer makes a contribution for that plan year, you are covered for the tax year in which the contribution is made. State tax preparation free Example. State tax preparation free Mickey was covered by a profit-sharing plan and left the company on December 31, 2012. State tax preparation free The plan year runs from July 1 to June 30. State tax preparation free Under the terms of the plan, employer contributions do not have to be made, but if they are made, they are contributed to the plan before the due date for filing the company's tax return. State tax preparation free Such contributions are allocated as of the last day of the plan year, and allocations are made to the accounts of individuals who have any service during the plan year. State tax preparation free As of June 30, 2013, no contributions were made that were allocated to the June 30, 2013, plan year, and no forfeitures had been allocated within the plan year. State tax preparation free In addition, as of that date, the company was not obligated to make a contribution for such plan year and it was impossible to determine whether or not a contribution would be made for the plan year. State tax preparation free On December 31, 2013, the company decided to contribute to the plan for the plan year ending June 30, 2013. State tax preparation free That contribution was made on February 15, 2014. State tax preparation free Mickey is an active participant in the plan for his 2014 tax year but not for his 2013 tax year. State tax preparation free No vested interest. State tax preparation free   If an amount is allocated to your account for a plan year, you are covered by that plan even if you have no vested interest in (legal right to) the account. State tax preparation free Defined benefit plan. State tax preparation free   If you are eligible to participate in your employer's defined benefit plan for the plan year that ends within your tax year, you are covered by the plan. State tax preparation free This rule applies even if you: Declined to participate in the plan, Did not make a required contribution, or Did not perform the minimum service required to accrue a benefit for the year. State tax preparation free   A defined benefit plan is any plan that is not a defined contribution plan. State tax preparation free In a defined benefit plan, the level of benefits to be provided to each participant is spelled out in the plan. State tax preparation free The plan administrator figures the amount needed to provide those benefits and those amounts are contributed to the plan. State tax preparation free Defined benefit plans include pension plans and annuity plans. State tax preparation free Example. State tax preparation free Nick, an employee of Company B, is eligible to participate in Company B's defined benefit plan, which has a July 1 to June 30 plan year. State tax preparation free Nick leaves Company B on December 31, 2012. State tax preparation free Because Nick is eligible to participate in the plan for its year ending June 30, 2013, he is covered by the plan for his 2013 tax year. State tax preparation free No vested interest. State tax preparation free   If you accrue a benefit for a plan year, you are covered by that plan even if you have no vested interest in (legal right to) the accrual. State tax preparation free Situations in Which You Are Not Covered Unless you are covered by another employer plan, you are not covered by an employer plan if you are in one of the situations described below. State tax preparation free Social security or railroad retirement. State tax preparation free   Coverage under social security or railroad retirement is not coverage under an employer retirement plan. State tax preparation free Benefits from previous employer's plan. State tax preparation free   If you receive retirement benefits from a previous employer's plan, you are not covered by that plan. State tax preparation free Reservists. State tax preparation free   If the only reason you participate in a plan is because you are a member of a reserve unit of the Armed Forces, you may not be covered by the plan. State tax preparation free You are not covered by the plan if both of the following conditions are met. State tax preparation free The plan you participate in is established for its employees by: The United States, A state or political subdivision of a state, or An instrumentality of either (a) or (b) above. State tax preparation free You did not serve more than 90 days on active duty during the year (not counting duty for training). State tax preparation free Volunteer firefighters. State tax preparation free   If the only reason you participate in a plan is because you are a volunteer firefighter, you may not be covered by the plan. State tax preparation free You are not covered by the plan if both of the following conditions are met. State tax preparation free The plan you participate in is established for its employees by: The United States, A state or political subdivision of a state, or An instrumentality of either (a) or (b) above. State tax preparation free Your accrued retirement benefits at the beginning of the year will not provide more than $1,800 per year at retirement. State tax preparation free Limit if Covered by Employer Plan As discussed earlier, the deduction you can take for contributions made to your traditional IRA depends on whether you or your spouse was covered for any part of the year by an employer retirement plan. State tax preparation free Your deduction is also affected by how much income you had and by your filing status. State tax preparation free Your deduction may also be affected by social security benefits you received. State tax preparation free Reduced or no deduction. State tax preparation free   If either you or your spouse was covered by an employer retirement plan, you may be entitled to only a partial (reduced) deduction or no deduction at all, depending on your income and your filing status. State tax preparation free   Your deduction begins to decrease (phase out) when your income rises above a certain amount and is eliminated altogether when it reaches a higher amount. State tax preparation free These amounts vary depending on your filing status. State tax preparation free   To determine if your deduction is subject to the phaseout, you must determine your modified adjusted gross income (AGI) and your filing status, as explained later under Deduction Phaseout . State tax preparation free Once you have determined your modified AGI and your filing status, you can use Table 1-2 or Table 1-3 to determine if the phaseout applies. State tax preparation free Social Security Recipients Instead of using Table 1-2 or Table 1-3 and Worksheet 1-2, Figuring Your Reduced IRA Deduction for 2013, later, complete the worksheets in Appendix B of this publication if, for the year, all of the following apply. State tax preparation free You received social security benefits. State tax preparation free You received taxable compensation. State tax preparation free Contributions were made to your traditional IRA. State tax preparation free You or your spouse was covered by an employer retirement plan. State tax preparation free Use the worksheets in Appendix B to figure your IRA deduction, your nondeductible contribution, and the taxable portion, if any, of your social security benefits. State tax preparation free Appendix B includes an example with filled-in worksheets to assist you. State tax preparation free Table 1-2. State tax preparation free Effect of Modified AGI1 on Deduction if You Are Covered by a Retirement Plan at Work If you are covered by a retirement plan at work, use this table to determine if your modified AGI affects the amount of your deduction. State tax preparation free IF your filing status is . State tax preparation free . State tax preparation free . State tax preparation free AND your modified adjusted gross income (modified AGI) is . State tax preparation free . State tax preparation free . State tax preparation free THEN you can take . State tax preparation free . State tax preparation free . State tax preparation free single or head of household $59,000 or less a full deduction. State tax preparation free more than $59,000 but less than $69,000 a partial deduction. State tax preparation free $69,000 or more no deduction. State tax preparation free married filing jointly or  qualifying widow(er) $95,000 or less a full deduction. State tax preparation free more than $95,000 but less than $115,000 a partial deduction. State tax preparation free $115,000 or more no deduction. State tax preparation free married filing separately2 less than $10,000 a partial deduction. State tax preparation free $10,000 or more no deduction. State tax preparation free 1 Modified AGI (adjusted gross income). State tax preparation free See Modified adjusted gross income (AGI) , later. State tax preparation free  2 If you did not live with your spouse at any time during the year, your filing status is considered Single for this purpose (therefore, your IRA deduction is determined under the “Single” filing status). State tax preparation free Table 1-3. State tax preparation free Effect of Modified AGI1 on Deduction if You Are NOT Covered by a Retirement Plan at Work If you are not covered by a retirement plan at work, use this table to determine if your modified AGI affects the amount of your deduction. State tax preparation free IF your filing status is . State tax preparation free . State tax preparation free . State tax preparation free AND your modified adjusted gross income (modified AGI) is . State tax preparation free . State tax preparation free . State tax preparation free THEN you can take . State tax preparation free . State tax preparation free . State tax preparation free single, head of household, or qualifying widow(er) any amount a full deduction. State tax preparation free married filing jointly or separately with a spouse who is not covered by a plan at work any amount a full deduction. State tax preparation free married filing jointly with a spouse who is covered by a plan at work $178,000 or less a full deduction. State tax preparation free more than $178,000 but less than $188,000 a partial deduction. State tax preparation free $188,000 or more no deduction. State tax preparation free married filing separately with a spouse who is covered by a plan at work2 less than $10,000 a partial deduction. State tax preparation free $10,000 or more no deduction. State tax preparation free 1 Modified AGI (adjusted gross income). State tax preparation free See Modified adjusted gross income (AGI) , later. State tax preparation free  2 You are entitled to the full deduction if you did not live with your spouse at any time during the year. State tax preparation free For 2014, if you are not covered by a retirement plan at work and you are married filing jointly with a spouse who is covered by a plan at work, your deduction is phased out if your modified AGI is more than $181,000 but less than $191,000. State tax preparation free If your AGI is $191,000 or more, you cannot take a deduction for a contribution to a traditional IRA. State tax preparation free Deduction Phaseout The amount of any reduction in the limit on your IRA deduction (phaseout) depends on whether you or your spouse was covered by an employer retirement plan. State tax preparation free Covered by a retirement plan. State tax preparation free   If you are covered by an employer retirement plan and you did not receive any social security retirement benefits, your IRA deduction may be reduced or eliminated depending on your filing status and modified AGI, as shown in Table 1-2. State tax preparation free For 2014, if you are covered by a retirement plan at work, your IRA deduction will not be reduced (phased out) unless your modified AGI is: More than $60,000 but less than $70,000 for a single individual (or head of household), More than $96,000 but less than $116,000 for a married couple filing a joint return (or a qualifying widow(er)), or Less than $10,000 for a married individual filing a separate return. State tax preparation free If your spouse is covered. State tax preparation free   If you are not covered by an employer retirement plan, but your spouse is, and you did not receive any social security benefits, your IRA deduction may be reduced or eliminated entirely depending on your filing status and modified AGI as shown in Table 1-3. State tax preparation free Filing status. State tax preparation free   Your filing status depends primarily on your marital status. State tax preparation free For this purpose, you need to know if your filing status is single or head of household, married filing jointly or qualifying widow(er), or married filing separately. State tax preparation free If you need more information on filing status, see Publication 501, Exemptions, Standard Deduction, and Filing Information. State tax preparation free Lived apart from spouse. State tax preparation free   If you did not live with your spouse at any time during the year and you file a separate return, your filing status, for this purpose, is single. State tax preparation free Modified adjusted gross income (AGI). State tax preparation free   You can use Worksheet 1-1 to figure your modified AGI. State tax preparation free If you made contributions to your IRA for 2013 and received a distribution from your IRA in 2013, see Both contributions for 2013 and distributions in 2013 , later. State tax preparation free    Do not assume that your modified AGI is the same as your compensation. State tax preparation free Your modified AGI may include income in addition to your compensation (discussed earlier) such as interest, dividends, and income from IRA distributions. State tax preparation free Form 1040. State tax preparation free   If you file Form 1040, refigure the amount on the page 1 “adjusted gross income” line without taking into account any of the following amounts. State tax preparation free IRA deduction. State tax preparation free Student loan interest deduction. State tax preparation free Tuition and fees deduction. State tax preparation free Domestic production activities deduction. State tax preparation free Foreign earned income exclusion. State tax preparation free Foreign housing exclusion or deduction. State tax preparation free Exclusion of qualified savings bond interest shown on Form 8815. State tax preparation free Exclusion of employer-provided adoption benefits shown on Form 8839. State tax preparation free This is your modified AGI. State tax preparation free Form 1040A. State tax preparation free   If you file Form 1040A, refigure the amount on the page 1 “adjusted gross income” line without taking into account any of the following amounts. State tax preparation free IRA deduction. State tax preparation free Student loan interest deduction. State tax preparation free Tuition and fees deduction. State tax preparation free Exclusion of qualified savings bond interest shown on Form 8815. State tax preparation free This is your modified AGI. State tax preparation free Form 1040NR. State tax preparation free   If you file Form 1040NR, refigure the amount on the page 1 “adjusted gross income” line without taking into account any of the following amounts. State tax preparation free IRA deduction. State tax preparation free Student loan interest deduction. State tax preparation free Domestic production activities deduction. State tax preparation free Exclusion of qualified savings bond interest shown on Form 8815. State tax preparation free Exclusion of employer-provided adoption benefits shown on Form 8839. State tax preparation free This is your modified AGI. State tax preparation free Income from IRA distributions. State tax preparation free   If you received distributions in 2013 from one or more traditional IRAs and your traditional IRAs include only deductible contributions, the distributions are fully taxable and are included in your modified AGI. State tax preparation free Both contributions for 2013 and distributions in 2013. State tax preparation free   If all three of the following apply, any IRA distributions you received in 2013 may be partly tax free and partly taxable. State tax preparation free You received distributions in 2013 from one or more traditional IRAs, You made contributions to a traditional IRA for 2013, and Some of those contributions may be nondeductible contributions. State tax preparation free (See Nondeductible Contributions and Worksheet 1-2, later. State tax preparation free ) If this is your situation, you must figure the taxable part of the traditional IRA distribution before you can figure your modified AGI. State tax preparation free To do this, you can use Worksheet 1-5, later. State tax preparation free   If at least one of the above does not apply, figure your modified AGI using Worksheet 1-1, later. State tax preparation free How To Figure Your Reduced IRA Deduction If you or your spouse is covered by an employer retirement plan and you did not receive any social security benefits, you can figure your reduced IRA deduction by using Worksheet 1-2. State tax preparation free Figuring Your Reduced IRA Deduction for 2013. State tax preparation free The Instructions for Form 1040, Form 1040A, and Form 1040NR include similar worksheets that you can use instead of the worksheet in this publication. State tax preparation free If you or your spouse is covered by an employer retirement plan, and you received any social security benefits, see Social Security Recipients , earlier. State tax preparation free Note. State tax preparation free If you were married and both you and your spouse contributed to IRAs, figure your deduction and your spouse's deduction separately. State tax preparation free Worksheet 1-1. State tax preparation free Figuring Your Modified AGI Use this worksheet to figure your modified AGI for traditional IRA purposes. State tax preparation free 1. State tax preparation free Enter your adjusted gross income (AGI) from Form 1040, line 38; Form 1040A, line 22; or Form 1040NR, line 37, figured without taking into account the amount from Form 1040, line 32; Form 1040A, line 17; or Form 1040NR, line 32 1. State tax preparation free   2. State tax preparation free Enter any student loan interest deduction from Form 1040, line 33; Form 1040A, line 18; or Form 1040NR, line 33 2. State tax preparation free   3. State tax preparation free Enter any tuition and fees deduction from Form 1040, line 34, or Form 1040A, line 19 3. State tax preparation free   4. State tax preparation free Enter any domestic production activities deduction from Form 1040, line 35, or Form 1040NR, line 34 4. State tax preparation free   5. State tax preparation free Enter any foreign earned income exclusion and/or housing exclusion from Form 2555, line 45, or Form 2555-EZ, line 18 5. State tax preparation free   6. State tax preparation free Enter any foreign housing deduction from Form 2555, line 50 6. State tax preparation free   7. State tax preparation free Enter any excludable savings bond interest from Form 8815, line 14 7. State tax preparation free   8. State tax preparation free Enter any excluded employer-provided adoption benefits from Form 8839, line 28 8. State tax preparation free   9. State tax preparation free Add lines 1 through 8. State tax preparation free This is your Modified AGI for traditional IRA purposes 9. State tax preparation free   Reporting Deductible Contributions If you file Form 1040, enter your IRA deduction on line 32 of that form. State tax preparation free If you file Form 1040A, enter your IRA deduction on line 17 of that form. State tax preparation free If you file Form 1040NR, enter your IRA deduction on line 32 of that form. State tax preparation free You cannot deduct IRA contributions on Form 1040EZ or Form 1040NR-EZ. State tax preparation free Self-employed. State tax preparation free   If you are self-employed (a sole proprietor or partner) and have a SIMPLE IRA, enter your deduction for allowable plan contributions on Form 1040, line 28. State tax preparation free If you file Form 1040NR, enter your deduction on line 28 of that form. State tax preparation free Nondeductible Contributions Although your deduction for IRA contributions may be reduced or eliminated, contributions can be made to your IRA of up to the general limit or, if it applies, the Kay Bailey Hutchison Spousal IRA limit. State tax preparation free The difference between your total permitted contributions and your IRA deduction, if any, is your nondeductible contribution. State tax preparation free Example. State tax preparation free Tony is 29 years old and single. State tax preparation free In 2013, he was covered by a retirement plan at work. State tax preparation free His salary is $62,000. State tax preparation free His modified AGI is $70,000. State tax preparation free Tony makes a $5,500 IRA contribution for 2013. State tax preparation free Because he was covered by a retirement plan and his modified AGI is above $69,000, he cannot deduct his $5,500 IRA contribution. State tax preparation free He must designate this contribution as a nondeductible contribution by reporting it on Form 8606. State tax preparation free Repayment of reservist distributions. State tax preparation free   Nondeductible contributions may include repayments of qualified reservist distributions. State tax preparation free For more information, see Qualified reservist repayments under How Much Can Be Contributed, earlier. State tax preparation free Form 8606. State tax preparation free   To designate contributions as nondeductible, you must file Form 8606. State tax preparation free (See the filled-in Forms 8606 in this chapter. State tax preparation free )   You do not have to designate a contribution as nondeductible until you file your tax return. State tax preparation free When you file, you can even designate otherwise deductible contributions as nondeductible contributions. State tax preparation free   You must file Form 8606 to report nondeductible contributions even if you do not have to file a tax return for the year. State tax preparation free    A Form 8606 is not used for the year that you make a rollover from a qualified retirement plan to a traditional IRA and the rollover includes nontaxable amounts. State tax preparation free In those situations, a Form 8606 is completed for the year you take a distribution from that IRA. State tax preparation free See Form 8606 under Distributions Fully or Partly Taxable, later. State tax preparation free Failure to report nondeductible contributions. State tax preparation free   If you do not report nondeductible contributions, all of the contributions to your traditional IRA will be treated like deductible contributions when withdrawn. State tax preparation free All distributions from your IRA will be taxed unless you can show, with satisfactory evidence, that nondeductible contributions were made. State tax preparation free Penalty for overstatement. State tax preparation free   If you overstate the amount of nondeductible contributions on your Form 8606 for any tax year, you must pay a penalty of $100 for each overstatement, unless it was due to reasonable cause. State tax preparation free Penalty for failure to file Form 8606. State tax preparation free   You will have to pay a $50 penalty if you do not file a required Form 8606, unless you can prove that the failure was due to reasonable cause. State tax preparation free Tax on earnings on nondeductible contributions. State tax preparation free   As long as contributions are within the contribution limits, none of the earnings or gains on contributions (deductible or nondeductible) will be taxed until they are distributed. State tax preparation free Cost basis. State tax preparation free   You will have a cost basis in your traditional IRA if you made any nondeductible contributions. State tax preparation free Your cost basis is the sum of the nondeductible contributions to your IRA minus any withdrawals or distributions of nondeductible contributions. State tax preparation free    Commonly, distributions from your traditional IRAs will include both taxable and nontaxable (cost basis) amounts. State tax preparation free See Are Distributions Taxable, later, for more information. State tax preparation free Recordkeeping. State tax preparation free There is a recordkeeping worksheet, Appendix A. State tax preparation free Summary Record of Traditional IRA(s) for 2013 , that you can use to keep a record of deductible and nondeductible IRA contributions. State tax preparation free Examples — Worksheet for Reduced IRA Deduction for 2013 The following examples illustrate the use of Worksheet 1-2, Figuring Your Reduced IRA Deduction for 2013. State tax preparation free Example 1. State tax preparation free For 2013, Tom and Betty file a joint return on Form 1040. State tax preparation free They are both 39 years old. State tax preparation free They are both employed and Tom is covered by his employer's retirement plan. State tax preparation free Tom's salary is $59,000 and Betty's is $32,555. State tax preparation free They each have a traditional IRA and their combined modified AGI, which includes $5,000 interest and dividend income, is $96,555. State tax preparation free Because their modified AGI is between $95,000 and $115,000 and Tom is covered by an employer plan, Tom is subject to the deduction phaseout discussed earlier under Limit if Covered by Employer Plan . State tax preparation free For 2013, Tom contributed $5,500 to his IRA and Betty contributed $5,500 to hers. State tax preparation free Even though they file a joint return, they must use separate worksheets to figure the IRA deduction for each of them. State tax preparation free Tom can take a deduction of only $5,080. State tax preparation free He can choose to treat the $5,080 as either deductible or nondeductible contributions. State tax preparation free He can either leave the $420 ($5,500 − $5,080) of nondeductible contributions in his IRA or withdraw them by April 15, 2014. State tax preparation free He decides to treat the $5,080 as deductible contributions and leave the $420 of nondeductible contributions in his IRA. State tax preparation free Using Worksheet 1-2, Figuring Your Reduced IRA Deduction for 2013, Tom figures his deductible and nondeductible amounts as shown on Worksheet 1-2. State tax preparation free Figuring Your Reduced IRA Deduction for 2013—Example 1 Illustrated. State tax preparation free Betty figures her IRA deduction as follows. State tax preparation free Betty can treat all or part of her contributions as either deductible or nondeductible. State tax preparation free This is because her $5,500 contribution for 2013 is not subject to the deduction phaseout discussed earlier under Limit if Covered by Employer Plan . State tax preparation free She does not need to use Worksheet 1-2, Figuring Your Reduced IRA Deduction for 2013, because their modified AGI is not within the phaseout range that applies. State tax preparation free Betty decides to treat her $5,500 IRA contributions as deductible. State tax preparation free The IRA deductions of $5,080 and $5,500 on the joint return for Tom and Betty total $10,580. State tax preparation free Example 2. State tax preparation free For 2013, Ed and Sue file a joint return on Form 1040. State tax preparation free They are both 39 years old. State tax preparation free Ed is covered by his employer's retirement plan. State tax preparation free Ed's salary is $45,000. State tax preparation free Sue had no compensation for the year and did not contribute to an IRA. State tax preparation free Sue is not covered by an employer plan. State tax preparation free Ed contributed $5,500 to his traditional IRA and $5,500 to a traditional IRA for Sue (a Kay Bailey Hutchison Spousal IRA). State tax preparation free Their combined modified AGI, which includes $2,000 interest and dividend income and a large capital gain from the sale of stock, is $180,555. State tax preparation free Because the combined modified AGI is $115,000 or more, Ed cannot deduct any of the contribution to his traditional IRA. State tax preparation free He can either leave the $5,500 of nondeductible contributions in his IRA or withdraw them by April 15, 2014. State tax preparation free Sue figures her IRA deduction as shown on Worksheet 1-2. State tax preparation free Figuring Your Reduced IRA Deduction for 2013—Example 2 Illustrated. State tax preparation free Worksheet 1-2. State tax preparation free Figuring Your Reduced IRA Deduction for 2013 (Use only if you or your spouse is covered by an employer plan and your modified AGI falls between the two amounts shown below for your coverage situation and filing status. State tax preparation free ) Note. State tax preparation free If you were married and both you and your spouse contributed to IRAs, figure your deduction and your spouse's deduction separately. State tax preparation free IF you . State tax preparation free . State tax preparation free . State tax preparation free AND your  filing status is . State tax preparation free . State tax preparation free . State tax preparation free AND your modified AGI is over . State tax preparation free . State tax preparation free . State tax preparation free THEN enter on  line 1 below . State tax preparation free . State tax preparation free . State tax preparation free       are covered by an employer plan single or head of household $59,000 $69,000     married filing jointly or qualifying widow(er) $95,000 $115,000     married filing separately $0 $10,000     are not covered by an employer plan, but your spouse is covered married filing jointly $178,000 $188,000     married filing separately $0 $10,000     1. State tax preparation free Enter applicable amount from table above 1. State tax preparation free   2. State tax preparation free Enter your modified AGI (that of both spouses, if married filing jointly) 2. State tax preparation free     Note. State tax preparation free If line 2 is equal to or more than the amount on line 1, stop here. State tax preparation free  Your IRA contributions are not deductible. State tax preparation free See Nondeductible Contributions , earlier. State tax preparation free     3. State tax preparation free Subtract line 2 from line 1. State tax preparation free If line 3 is $10,000 or more ($20,000 or more if married filing jointly or qualifying widow(er) and you are covered by an employer plan), stop here. State tax preparation free You can take a full IRA deduction for contributions of up to $5,500 ($6,500 if you are age 50 or older) or 100% of your (and if married filing jointly, your spouse's) compensation, whichever is less 3. State tax preparation free   4. State tax preparation free Multiply line 3 by the percentage below that applies to you. State tax preparation free If the result is not a multiple of $10, round it to the next highest multiple of $10. State tax preparation free (For example, $611. State tax preparation free 40 is rounded to $620. State tax preparation free ) However, if the result is less than $200, enter $200. State tax preparation free         Married filing jointly or qualifying widow(er) and you are covered by an employer plan, multiply line 3 by 27. State tax preparation free 5% (. State tax preparation free 275) (by 32. State tax preparation free 5% (. State tax preparation free 325) if you are age 50 or older). State tax preparation free All others, multiply line 3 by 55% (. State tax preparation free 55) (by 65% (. State tax preparation free 65) if you are age 50 or older). State tax preparation free 4. State tax preparation free   5. State tax preparation free Enter your compensation minus any deductions on Form 1040 or Form 1040NR, line 27 (deductible part of self-employment tax) and line 28 (self-employed SEP, SIMPLE, and qualified plans). State tax preparation free If you are filing a joint return and your compensation is less than your spouse's, include your spouse's compensation reduced by his or her traditional IRA and Roth IRA contributions for this year. State tax preparation free If you file Form 1040 or Form 1040NR, do not reduce your compensation by any losses from self-employment 5. State tax preparation free   6. State tax preparation free Enter contributions made, or to be made, to your IRA for 2013, but do not enter more than $5,500 ($6,500 if you are age 50 or older). State tax preparation free If contributions are more than $5,500 ($6,500 if you are age 50 or older), see Excess Contributions , later. State tax preparation free 6. State tax preparation free   7. State tax preparation free IRA deduction. State tax preparation free Compare lines 4, 5, and 6. State tax preparation free Enter the smallest amount (or a smaller amount if you choose) here and on the Form 1040, 1040A, or 1040NR line for your IRA, whichever applies. State tax preparation free If line 6 is more than line 7 and you want to make a nondeductible contribution, go to line 8 7. State tax preparation free   8. State tax preparation free Nondeductible contribution. State tax preparation free Subtract line 7 from line 5 or 6, whichever is smaller. State tax preparation free  Enter the result here and on line 1 of your Form 8606 8. State tax preparation free   Worksheet 1-2. State tax preparation free Figuring Your Reduced IRA Deduction for 2013—Example 1 Illustrated (Use only if you or your spouse is covered by an employer plan and your modified AGI falls between the two amounts shown below for your coverage situation and filing status. State tax preparation free ) Note. State tax preparation free If you were married and both you and your spouse contributed to IRAs, figure your deduction and your spouse's deduction separately. State tax preparation free IF you . State tax preparation free . State tax preparation free . State tax preparation free AND your  filing status is . State tax preparation free . State tax preparation free . State tax preparation free AND your modified AGI is over . State tax preparation free . State tax preparation free . State tax preparation free THEN enter on  line 1 below . State tax preparation free . State tax preparation free . State tax preparation free       are covered by an employer plan single or head of household $59,000 $69,000     married filing jointly or qualifying widow(er) $95,000 $115,000     married filing separately $0 $10,000     are not covered by an employer plan, but your spouse is covered married filing jointly $178,000 $188,000     married filing separately $0 $10,000     1. State tax preparation free Enter applicable amount from table above 1. State tax preparation free 115,000 2. State tax preparation free Enter your modified AGI (that of both spouses, if married filing jointly) 2. State tax preparation free 96,555   Note. State tax preparation free If line 2 is equal to or more than the amount on line 1, stop here. State tax preparation free  Your IRA contributions are not deductible. State tax preparation free See Nondeductible Contributions , earlier. State tax preparation free     3. State tax preparation free Subtract line 2 from line 1. State tax preparation free If line 3 is $10,000 or more ($20,000 or more if married filing jointly or qualifying widow(er) and you are covered by an employer plan), stop here. State tax preparation free You can take a full IRA deduction for contributions of up to $5,500 ($6,500 if you are age 50 or older) or 100% of your (and if married filing jointly, your spouse's) compensation, whichever is less 3. State tax preparation free 18,445 4. State tax preparation free Multiply line 3 by the percentage below that applies to you. State tax preparation free If the result is not a multiple of $10, round it to the next highest multiple of $10. State tax preparation free (For example, $611. State tax preparation free 40 is rounded to $620. State tax preparation free ) However, if the result is less than $200, enter $200. State tax preparation free         Married filing jointly or qualifying widow(er) and you are covered by an employer plan, multiply line 3 by 27. State tax preparation free 5% (. State tax preparation free 275) (by 32. State tax preparation free 5% (. State tax preparation free 325) if you are age 50 or older). State tax preparation free All others, multiply line 3 by 55% (. State tax preparation free 55) (by 65% (. State tax preparation free 65) if you are age 50 or older). State tax preparation free 4. State tax preparation free 5,080 5. State tax preparation free Enter your compensation minus any deductions on Form 1040 or Form 1040NR, line 27 (deductible part of self-employment tax) and line 28 (self-employed SEP, SIMPLE, and qualified plans). State tax preparation free If you are filing a joint return and your compensation is less than your spouse's, include your spouse's compensation reduced by his or her traditional IRA and Roth IRA contributions for this year. State tax preparation free If you file Form 1040 or Form 1040NR, do not reduce your compensation by any losses from self-employment 5. State tax preparation free 59,000 6. State tax preparation free Enter contributions made, or to be made, to your IRA for 2013, but do not enter more than $5,500 ($6,500 if you are age 50 or older). State tax preparation free If contributions are more than $5,500 ($6,500 if you are age 50 or older), see Excess Contributions , later. State tax preparation free 6. State tax preparation free 5,500 7. State tax preparation free IRA deduction. State tax preparation free Compare lines 4, 5, and 6. State tax preparation free Enter the smallest amount (or a smaller amount if you choose) here and on the Form 1040, 1040A, or 1040NR line for your IRA, whichever applies. State tax preparation free If line 6 is more than line 7 and you want to make a nondeductible contribution, go to line 8 7. State tax preparation free 5,080 8. State tax preparation free Nondeductible contribution. State tax preparation free Subtract line 7 from line 5 or 6, whichever is smaller. State tax preparation free  Enter the result here and on line 1 of your Form 8606 8. State tax preparation free 420 Worksheet 1-2. State tax preparation free Figuring Your Reduced IRA Deduction for 2013—Example 2 Illustrated (Use only if you or your spouse is covered by an employer plan and your modified AGI falls between the two amounts shown below for your coverage situation and filing status. State tax preparation free ) Note. State tax preparation free If you were married and both you and your spouse contributed to IRAs, figure your deduction and your spouse's deduction separately. State tax preparation free IF you . State tax preparation free . State tax preparation free . State tax preparation free AND your  filing status is . State tax preparation free . State tax preparation free . State tax preparation free AND your modified AGI is over . State tax preparation free . State tax preparation free . State tax preparation free THEN enter on  line 1 below . State tax preparation free . State tax preparation free . State tax preparation free       are covered by an employer plan single or head of household $59,000 $69,000     married filing jointly or qualifying widow(er) $95,000 $115,000     married filing separately $0 $10,000     are not covered by an employer plan, but your spouse is covered married filing jointly $178,000 $188,000     married filing separately $0 $10,000     1. State tax preparation free Enter applicable amount from table above 1. State tax preparation free 188,000 2. State tax preparation free Enter your modified AGI (that of both spouses, if married filing jointly) 2. State tax preparation free 180,555   Note. State tax preparation free If line 2 is equal to or more than the amount on line 1, stop here. State tax preparation free  Your IRA contributions are not deductible. State tax preparation free See Nondeductible Contributions , earlier. State tax preparation free     3. State tax preparation free Subtract line 2 from line 1. State tax preparation free If line 3 is $10,000 or more ($20,000 or more if married filing jointly or qualifying widow(er) and you are covered by an employer plan), stop here. State tax preparation free You can take a full IRA deduction for contributions of up to $5,500 ($6,500 if you are age 50 or older) or 100% of your (and if married filing jointly, your spouse's) compensation, whichever is less 3. State tax preparation free 7,445 4. State tax preparation free Multiply line 3 by the percentage below that applies to you. State tax preparation free If the result is not a multiple of $10, round it to the next highest multiple of $10. State tax preparation free (For example, $611. State tax preparation free 40 is rounded to $620. State tax preparation free ) However, if the result is less than $200, enter $200. State tax preparation free         Married filing jointly or qualifying widow(er) and you are covered by an employer plan, multiply line 3 by 27. State tax preparation free 5% (. State tax preparation free 275) (by 32. State tax preparation free 5% (. State tax preparation free 325) if you are age 50 or older). State tax preparation free All others, multiply line 3 by 55% (. State tax preparation free 55) (by 65% (. State tax preparation free 65) if you are age 50 or older). State tax preparation free 4. State tax preparation free 4,100 5. State tax preparation free Enter your compensation minus any deductions on Form 1040 or Form 1040NR, line 27 (deductible part of self-employment tax) and line 28 (self-employed SEP, SIMPLE, and qualified plans). State tax preparation free If you are filing a joint return and your compensation is less than your spouse's, include your spouse's compensation reduced by his or her traditional IRA and Roth IRA contributions for this year. State tax preparation free If you file Form 1040 or Form 1040NR, do not reduce your compensation by any losses from self-employment 5. State tax preparation free 39,500 6. State tax preparation free Enter contributions made, or to be made, to your IRA for 2013, but do not enter more than $5,500 ($6,500 if you are age 50 or older). State tax preparation free If contributions are more than $5,500 ($6,500 if you are age 50 or older), see Excess Contributions , later. State tax preparation free 6. State tax preparation free 5,500 7. State tax preparation free IRA deduction. State tax preparation free Compare lines 4, 5, and 6. State tax preparation free Enter the smallest amount (or a smaller amount if you choose) here and on the Form 1040, 1040A, or 1040NR line for your IRA, whichever applies. State tax preparation free If line 6 is more than line 7 and you want to make a nondeductible contribution, go to line 8 7. State tax preparation free 4,100 8. State tax preparation free Nondeductible contribution. State tax preparation free Subtract line 7 from line 5 or 6, whichever is smaller. State tax preparation free  Enter the result here and on line 1 of your Form 8606 8. State tax preparation free 1,400 What if You Inherit an IRA? If you inherit a traditional IRA, you are called a beneficiary. State tax preparation free A beneficiary can be any person or entity the owner chooses to receive the benefits of the IRA after he or she dies. State tax preparation free Beneficiaries of a traditional IRA must include in their gross income any taxable distributions they receive. State tax preparation free Inherited from spouse. State tax preparation free   If you inherit a traditional IRA from your spouse, you generally have the following three choices. State tax preparation free You can: Treat it as your own IRA by designating yourself as the account owner. State tax preparation free Treat it as your own by rolling it over into your IRA, or to the extent it is taxable, into a: Qualified employer plan, Qualified employee annuity plan (section 403(a) plan), Tax-sheltered annuity plan (s