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Taxes For College Students

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Taxes For College Students

Taxes for college students 2. Taxes for college students   Fuel Tax Credits and Refunds Table of Contents Gasoline and Aviation Gasoline Undyed Diesel Fuel and Undyed Kerosene (Other Than Kerosene Used in Aviation)Sales by Registered Ultimate Vendors Diesel-Water Fuel Emulsion Kerosene for Use in AviationSales by Registered Ultimate Vendors Other Fuels (Including Alternative Fuels) Refunds of Second TaxOptional reporting. Taxes for college students Providing information. Taxes for college students Definitions of Nontaxable UsesCustom application of fertilizer and pesticide. Taxes for college students Fuel used between airfield and farm. Taxes for college students Fuel not used for farming. Taxes for college students Vehicles not considered highway vehicles. Taxes for college students Biodiesel or Renewable Diesel Mixture Credit, Alternative Fuel Credit, and Alternative Fuel Mixture CreditHow to Claim the Credit Filing Claims Claiming A Refund Claiming a Credit on Form 4136 Including the Credit or Refund in Income Federal excise taxes are imposed on certain fuels as discussed in chapter 1. Taxes for college students This chapter lists the nontaxable uses of each fuel and defines the nontaxable uses. Taxes for college students Information on the refund of second tax is included. Taxes for college students This chapter also explains credits and refunds for the biodiesel or renewable diesel mixture credits, and the alternative fuel mixture and alternative fuel credits. Taxes for college students Information on how to make a claim for credit or refund is included in this chapter and in the instructions for: Form 720, Form 4136, and Form 8849. Taxes for college students Exported taxable fuel. Taxes for college students   The claim rates for exported taxable fuel are listed on Schedule C (Form 720), Schedule 1 (Form 8849), and Form 4136. Taxes for college students Taxpayers making a claim for exported taxable fuel must include with their records proof of exportation. Taxes for college students Proof of exportation includes: A copy of the export bill of lading issued by the delivering carrier, A certificate by the agent or representative of the export carrier showing actual exportation of the fuel, A certificate of lading signed by a customs officer of the foreign country to which the fuel is exported, or A statement of the foreign consignee showing receipt of the fuel. Taxes for college students Gasoline and Aviation Gasoline Ultimate Purchasers. Taxes for college students   The following are the uses of gasoline (defined earlier) for which a credit or refund may be allowable to an ultimate purchaser. Taxes for college students On a farm for farming purposes (credit only). Taxes for college students Off-highway business use. Taxes for college students Export. Taxes for college students In a boat engaged in commercial fishing. Taxes for college students In certain intercity and local buses. Taxes for college students In a school bus. Taxes for college students Exclusive use by a qualified blood collector organization. Taxes for college students In a highway vehicle owned by the United States that is not used on a highway. Taxes for college students Exclusive use by a nonprofit educational organization (see Sales by registered ultimate vendors and Credit Card Purchases, later). Taxes for college students Exclusive use by a state, political subdivision of a state, or the District of Columbia (see Sales by registered ultimate vendors and Credit Card Purchases, later). Taxes for college students In an aircraft or vehicle owned by an aircraft museum. Taxes for college students   The following are the uses of aviation gasoline for which a credit or refund may be allowable to an ultimate purchaser. Taxes for college students On a farm for farming purposes (credit only). Taxes for college students Export. Taxes for college students In foreign trade. Taxes for college students Certain helicopter and fixed-wing air ambulance uses. Taxes for college students In commercial aviation (other than foreign trade). Taxes for college students Exclusive use by a qualified blood collector organization. Taxes for college students Exclusive use by a nonprofit education organization (see Sales by registered ultimate vendors and Credit card purchases, later). Taxes for college students Exclusive use by a state, political subdivision of a state, or the District of Columbia (see Sales by registered ultimate vendors and Credit and purchases, later). Taxes for college students In an aircraft owned by an aircraft museum. Taxes for college students In military aircraft. Taxes for college students Claims by persons who paid the tax to the government. Taxes for college students   Except for sales to nonprofit educational organizations and states and local governments, a credit or refund is allowable to the person that paid the tax to the government if the gasoline was sold to the ultimate purchaser (including an exporter) by either that person or by a retailer and the fuel was exported; used or sold for use as supplies for vessels or aircraft, including military aircraft, commercial fishing, and foreign trade; sold to a qualified blood collector organization; or used or sold for use in the production of Other Fuels. Taxes for college students See Filing Claims, later. Taxes for college students Sales by registered ultimate vendors. Taxes for college students   This is an ultimate vendor that sells gasoline or aviation gasoline to any of the following and that is purchased without the use of a credit card. Taxes for college students A state or local government for its exclusive use (including essential government use by an Indian tribal government). Taxes for college students A nonprofit educational organization for its exclusive use. Taxes for college students   The registered ultimate vendor may make the claim if the ultimate purchaser did not use a credit card and waives its right to the credit or refund by providing the registered ultimate vendor with a certificate. Taxes for college students A sample certificate is included as Model Certificate M in the Appendix. Taxes for college students The registered ultimate vendor must have the certificate at the time the credit or refund is claimed. Taxes for college students   The ultimate vendor must be registered by the IRS. Taxes for college students See Registration Requirements, earlier. Taxes for college students Credit card purchases. Taxes for college students   If gasoline and aviation gasoline are purchased with a credit card issued to a state or local government for its exclusive use (including essential government use by an Indian tribal government), or a nonprofit educational organization for its exclusive use, the person who extended credit to the ultimate purchaser (the credit card issuer) is treated as the person that paid the tax and makes the claim if the credit card issuer: Is registered by the IRS, Has established that the amount of tax has not been collected from the person who purchased the gasoline or has obtained written consent from the ultimate purchaser to the allowance of the credit or refund, and Has repaid or agreed to repay the amount of the tax to the ultimate vendor, has obtained the written consent of the ultimate vendor to the allowance of the credit or refund, or has made arrangements that provide the ultimate vendor with reimbursement of the tax. Taxes for college students   If the requirements above are not met by the credit card issuer, the credit card issuer must collect the tax from the ultimate purchaser and only the ultimate purchaser may make the claim. Taxes for college students How to make the claim. Taxes for college students   If the claim is made by the credit card issuer, see Schedule C  (Form 720) or Schedule 8 (Form 8849). Taxes for college students Undyed Diesel Fuel and Undyed Kerosene (Other Than Kerosene Used in Aviation) For conditions to an allowance of a credit or refund on exported dyed diesel fuel and dyed kerosene, see Exported taxable fuel, earlier. Taxes for college students Ultimate purchasers. Taxes for college students   The following are nontaxable uses of diesel fuel and kerosene (defined earlier) for which a credit or refund may be allowable to an ultimate purchaser. Taxes for college students On a farm for farming purposes. Taxes for college students Off-highway business use. Taxes for college students Export. Taxes for college students In a qualified local bus. Taxes for college students In a school bus. Taxes for college students Other than as a fuel in a propulsion engine of a diesel-powered highway vehicle (such as home heating oil). Taxes for college students Exclusive use by a qualified blood collector organization. Taxes for college students In a highway vehicle owned by the United States that is not used on a highway. Taxes for college students Exclusive use by a nonprofit educational organization (see Sales by Registered Ultimate Vendors and Credit Card Purchases, later). Taxes for college students Exclusive use by a state, political subdivision of a state, or the District of Columbia (see Sales by Registered Ultimate Vendors and Credit Card Purchases, later). Taxes for college students In a vehicle owned by an aircraft museum. Taxes for college students As a fuel in a propulsion engine of a diesel-powered train. Taxes for college students Sales by Registered Ultimate Vendors The following are the sales for which a credit or refund may be allowable to the registered ultimate vendor only. Taxes for college students Undyed diesel fuel or undyed kerosene sold for the exclusive use by a state or local government (if credit card rules (defined later) do not apply), Undyed kerosene sold from a blocked pump (defined below), or Undyed diesel fuel or undyed kerosene used in certain intercity and local buses, only if the ultimate purchaser waives its right to the credit or refund by providing the registered ultimate vendor with a waiver. Taxes for college students Registered ultimate vendor (state use). Taxes for college students   This is a person that sells undyed diesel fuel or undyed kerosene to a state or local government for its exclusive use (including essential government use by an Indian tribal government). Taxes for college students The diesel fuel or kerosene must be purchased by the state without the use of a credit card, issued to the state by the credit card issuer, in order for the ultimate vendor to make the claim. Taxes for college students The ultimate vendor must be registered by the IRS. Taxes for college students See Registration Requirements, earlier. Taxes for college students Registered ultimate vendor (blocked pump). Taxes for college students   This is an ultimate vendor that sells undyed kerosene from a blocked pump. Taxes for college students   A credit or refund may be allowable to a registered ultimate vendor (blocked pump) if the vendor sold to a buyer undyed kerosene from a blocked pump for use other than as a fuel in a diesel-powered highway vehicle and the vendor had no reason to believe the kerosene would not be used in that manner. Taxes for college students Blocked pump. Taxes for college students   A blocked pump is a fuel pump that meets all the following requirements. Taxes for college students It is used to make retail sales of undyed kerosene for use by the buyer in any nontaxable use. Taxes for college students It is at a fixed location. Taxes for college students It is identified with a legible and conspicuous notice stating, “UNDYED UNTAXED KEROSENE, NONTAXABLE USE ONLY. Taxes for college students ” It meets either of the following conditions. Taxes for college students It cannot reasonably be used to dispense fuel directly into the fuel supply tank of a diesel-powered highway vehicle or train. Taxes for college students It is locked by the vendor after each sale and unlocked by the vendor only in response to a buyer's request for undyed kerosene for use other than as a fuel in a diesel-powered highway vehicle or train. Taxes for college students Registered ultimate vendor (certain intercity and local buses). Taxes for college students   This is an ultimate vendor that sells undyed diesel fuel or undyed kerosene to the ultimate purchaser for use in certain intercity and local buses. Taxes for college students   The registered ultimate vendor may make the claim if the ultimate purchaser waives its right to the credit or refund by providing the registered ultimate vendor with a waiver. Taxes for college students A sample waiver is included as Model Waiver N in the Appendix. Taxes for college students The registered ultimate vendor must have the waiver at the time the credit or payment is claimed. Taxes for college students Credit Card Purchases. Taxes for college students   If undyed diesel fuel or kerosene is purchased with a credit card issued to a state, the person who extended credit to the state (the credit card issuer) is treated as the person that paid the tax and makes the claim if the credit card issuer: Is registered by the IRS, Has established that the amount of tax has not been collected from the person who purchased the diesel fuel or kerosene, or has obtained written consent from the ultimate purchaser to the allowance of the credit or refund, and Has repaid or agreed to repay the amount of the tax to the ultimate vendor, has obtained the written consent of the ultimate vendor to the allowance of the credit or refund, or has made arrangements that provide the ultimate vendor with reimbursement of the tax. Taxes for college students   If the requirements above are not met by the credit card issuer, the credit card issuer must collect the tax from the ultimate purchaser and only the ultimate purchaser may make the claim. Taxes for college students Diesel-Water Fuel Emulsion A claim for credit or refund may be made for the nontaxable use of a diesel-water fuel emulsion and for undyed diesel fuel used to produce a diesel-water fuel emulsion. Taxes for college students The claim rate for nontaxable use of a diesel-water fuel emulsion taxed at $. Taxes for college students 198 per gallon is $. Taxes for college students 197 (if exported, the claim rate is $. Taxes for college students 198). Taxes for college students The following are the nontaxable uses for a diesel-water fuel emulsion for which a credit or refund may be allowable to an ultimate purchaser. Taxes for college students On a farm for farming purposes. Taxes for college students Off-highway business use. Taxes for college students Export. Taxes for college students In a qualified local bus. Taxes for college students In a school bus. Taxes for college students Other than as fuel in the propulsion engine of a train or diesel-powered highway vehicle (but not off-highway use). Taxes for college students Exclusive use by a qualified blood collector organization. Taxes for college students In a highway vehicle owned by the United States that is not used on a highway. Taxes for college students Exclusive use by a nonprofit educational organization. Taxes for college students Exclusive use by a state, political subdivision of a state, or the District of Columbia. Taxes for college students In an aircraft or vehicle owned by an aircraft museum. Taxes for college students Blender claims. Taxes for college students   The claim rate for undyed diesel fuel taxed at $. Taxes for college students 244 and used to produce a diesel-water fuel emulsion is $. Taxes for college students 046 per gallon of diesel fuel so used. Taxes for college students The blender must be registered by the IRS in order to make the claim. Taxes for college students The blender must attach a statement to the claim certifying that: The diesel-water fuel emulsion contains at least 14% water, The emulsion additive is registered by a United States manufacturer with the EPA under section 211 of the Clean Air Act as in effect on March 31, 2003, Undyed diesel fuel taxed at $. Taxes for college students 244 was used to produce the diesel-water fuel emulsion, and The diesel-water fuel emulsion was used or sold for use in the blender's trade or business. Taxes for college students Kerosene for Use in Aviation Ultimate purchasers. Taxes for college students   Ultimate purchasers of kerosene used in certain aviation uses may make a claim if the rate of tax on their use is less than the rate of tax that was charged on the kerosene. Taxes for college students   The ultimate purchaser of the kerosene used in commercial aviation (other than foreign trade) and noncommercial aviation (other than nonexempt, noncommercial aviation and exclusive use by a state, political subdivision of a state, or the District of Columbia) is eligible to make a claim if the ultimate purchaser certifies that the right to make the claim has not been waived. Taxes for college students Generally, the ultimate purchaser is the aircraft operator. Taxes for college students   The following are the nontaxable uses of kerosene used in noncommercial aviation for which a credit or refund may be allowable to the ultimate purchaser. Taxes for college students On a farm for farming purposes. Taxes for college students Certain helicopter and fixed-wing aircraft uses. Taxes for college students Exclusive use by a qualified blood collector organization. Taxes for college students Exclusive use by a nonprofit educational organization. Taxes for college students In an aircraft owned by an aircraft museum. Taxes for college students In military aircraft. Taxes for college students Kerosene for use partly in commercial aviation and partly in nonexempt, noncommercial aviation. Taxes for college students   If the fuel is used partly for use in commercial aviation and partly for use in nonexempt, noncommercial aviation, the operator may identify, either at the time of purchase or after the kerosene has been used, the amount that will be (or has been) used in commercial aviation. Taxes for college students At the same time, the operator would either make the claim or waive the right to make the claim for credit or refund of the kerosene for use in commercial and nonexempt, noncommercial aviation. Taxes for college students   If the operator does not identify the amount of kerosene that will be (or has been) used in commercial aviation, the operator may provide a certificate to the ultimate vendor similar to Model Certificate Q in the Appendix. Taxes for college students For kerosene purchased with the certificate, used in commercial aviation, and taxed at $. Taxes for college students 244 per gallon, use of the certificate will be treated as a waiver of the right to claim a credit or refund for the $. Taxes for college students 025 per gallon part of the tax. Taxes for college students The ultimate vendor may make this claim. Taxes for college students The operator may make a claim for the $. Taxes for college students 175 tax per gallon of the kerosene, but cannot waive the right to make the claim for the $. Taxes for college students 175 tax per gallon. Taxes for college students Sales by Registered Ultimate Vendors Kerosene for use in commercial aviation or noncommercial aviation. Taxes for college students   The registered ultimate vendor of kerosene for use in commercial aviation (other than foreign trade) or noncommercial aviation (other than nonexempt, noncommercial aviation and exclusive use by a state, political subdivision of a state, or the District of Columbia) may make this claim if the ultimate purchaser waives its right to the credit or payment by providing the registered ultimate vendor with a waiver. Taxes for college students A sample waiver is included as Model Waiver L in the Appendix. Taxes for college students The registered ultimate vendor must have the waiver at the time the credit or payment is claimed. Taxes for college students   Noncommercial aviation means any use of an aircraft not described as commercial aviation. Taxes for college students For the definition of commercial aviation, see Commercial aviation on page 11. Taxes for college students Kerosene for use in nonexempt, noncommercial aviation. Taxes for college students   Only the registered ultimate vendor may claim a credit or payment for sales of kerosene for use in nonexempt, noncommercial aviation. Taxes for college students The ultimate vendor must be registered by the IRS (activity letter UA) and have the required certificate from the ultimate purchaser. Taxes for college students A sample certificate is included as Model Certificate Q in the Appendix. Taxes for college students The registered ultimate vendor must have the certificate at the time the credit or payment is claimed. Taxes for college students Kerosene for use in aviation by a state or local government. Taxes for college students   Only the registered ultimate vendor may claim a credit or payment for sales of kerosene for use in aviation to a state or local government for its exclusive use (including essential government use by an Indian tribal government). Taxes for college students The kerosene for use in aviation must be purchased by the state without the use of a credit card in order for the ultimate vendor to make the claim. Taxes for college students The ultimate vendor must be registered by the IRS (activity letter UV) and have the required certificate from the ultimate purchaser. Taxes for college students A sample certificate is included as Model Certificate P in the Appendix. Taxes for college students The registered ultimate vendor must have the certificate at the time the credit or payment is claimed. Taxes for college students Credit card purchases. Taxes for college students   If taxed kerosene for use in aviation is purchased with a credit card issued to a state, the person who extended credit to the state (the credit card issuer) is treated as the person that paid the tax and makes the claim if the credit card issuer: Is registered by the IRS, Has established that the amount of tax has not been collected from the person who purchased the kerosene, or has obtained written consent from the ultimate purchaser to the allowance of the credit or refund, and Has repaid or agreed to repay the amount of the tax to the ultimate vendor, has obtained the written consent of the ultimate vendor to the allowance of the credit or refund, or has made arrangements that provide the ultimate vendor with reimbursement of the tax. Taxes for college students   If the requirements above are not met by the credit card issuer, the credit card issuer must collect the tax from the ultimate purchaser and only the ultimate purchaser may make the claim. Taxes for college students Other Fuels (Including Alternative Fuels) Credit or refund for nontaxable use of taxed Other Fuels may be allowable to an ultimate purchaser. Taxes for college students While tax is generally imposed on delivery, Other Fuels are taxed prior to delivery in the case of certain bulk sales described in chapter 1. Taxes for college students The following are the nontaxable uses of Other Fuels for which a credit or refund may be allowable to the ultimate purchaser. Taxes for college students On a farm for farming purposes. Taxes for college students Off-highway business use. Taxes for college students In a boat engaged in commercial fishing. Taxes for college students In certain intercity and local buses. Taxes for college students In a school bus. Taxes for college students In a qualified local bus. Taxes for college students Exclusive use by a qualified blood collector organization. Taxes for college students Exclusive use by a nonprofit educational organization. Taxes for college students Exclusive use by a state, political subdivision of a state, or the District of Columbia. Taxes for college students In an aircraft or vehicle owned by an aircraft museum. Taxes for college students Use in any boat operated by the United States for its exclusive use or any vessel of war of any foreign nation. Taxes for college students See Biodiesel or Renewable Diesel Mixture Credit, Alternative Fuel Credit, and Alternative Fuel Mixture Credit, later. Taxes for college students Refunds of Second Tax The tax on dyed diesel fuel for inland waterways fuel use applies at the rate listed on Form 720. Taxes for college students This is in addition to all other taxes imposed on the sale or use of the fuel. Taxes for college students The section 4081(e) refund (discussed below) cannot be claimed. Taxes for college students If the tax is paid and reported to the government on more than one taxable event for a taxable fuel under section 4081, the person paying the “second tax” may claim a refund (without interest) of that tax if certain conditions and reporting requirements are met. Taxes for college students No credit against any tax is allowed for this tax. Taxes for college students For information about taxable events, see the discussions under Gasoline, Diesel Fuel and Kerosene and Kerosene for Use in Aviation in chapter 1. Taxes for college students Conditions to allowance of refund. Taxes for college students   A claim for refund of the tax is allowed only if all the following conditions are met. Taxes for college students A tax on the fuel was paid to the government and not credited or refunded (the “first tax”). Taxes for college students After the first tax was imposed, another tax was imposed on the same fuel and was paid to the government (the “second tax”). Taxes for college students The person that paid the second tax filed a timely claim for refund containing the information required (see Refund claim, later). Taxes for college students The person that paid the first tax has met the reporting requirements, discussed next. Taxes for college students Reporting requirements. Taxes for college students   Generally, the person that paid the first tax must file a “First Taxpayer's Report” with its Form 720 for the quarter to which the report relates. Taxes for college students A model first taxpayer's report is shown in the Appendix as Model Certificate B. Taxes for college students The report must contain all information needed to complete the model. Taxes for college students   By the due date for filing the Form 720, you must also send a separate copy of the report to the following address. Taxes for college students Department of the Treasury Internal Revenue Service  Cincinnati, OH 45999-0555 Write “EXCISE – FIRST TAXPAYER'S REPORT” across the top of that copy. Taxes for college students Optional reporting. Taxes for college students   A first taxpayer's report is not required for the tax imposed on: Removal at a terminal rack, Nonbulk entries into the United States, and Removals or sales by blenders. Taxes for college students However, if the person liable for the tax expects that another tax will be imposed on that fuel, that person should (but is not required to) file a first taxpayer's report. Taxes for college students Providing information. Taxes for college students   The first taxpayer must give a copy of the report to the buyer of the fuel within the bulk transfer/terminal system or to the owner of the fuel immediately before the first tax was imposed, if the first taxpayer is not the owner at that time. Taxes for college students If an optional report is filed, a copy should (but is not required to) be given to the buyer or owner. Taxes for college students   A person that receives a copy of the first taxpayer's report and later sells the fuel within the bulk transfer/terminal system must give the copy and a “Statement of Subsequent Seller” to the buyer. Taxes for college students If the later sale is outside the bulk transfer/terminal system and that person expects that another tax will be imposed, that person should (but is not required to) give the copy and the statement to the buyer. Taxes for college students A model statement of subsequent seller is shown in the Appendix as Model Certificate A. Taxes for college students The statement must contain all information necessary to complete the model. Taxes for college students   If the first taxpayer's report relates to fuel sold to more than one buyer, copies of that report must be made when the fuel is divided. Taxes for college students Each buyer must be given a copy of the report. Taxes for college students Refund claim. Taxes for college students   You must have filed Form 720 and paid the second tax before you file for a refund of that tax. Taxes for college students You must make your claim for refund on Form 8849. Taxes for college students Complete Schedule 5 (Form 8849) and attach it to your Form 8849. Taxes for college students Do not include this claim with a claim under another tax provision. Taxes for college students You must not have included the second tax in the price of the fuel and must not have collected it from the purchaser. Taxes for college students You must submit the following information with your claim. Taxes for college students A copy of the first taxpayer's report (discussed earlier). Taxes for college students A copy of the statement of subsequent seller if the fuel was bought from someone other than the first taxpayer. Taxes for college students Definitions of Nontaxable Uses This section provides definitions of the terms used in Table 2-1 for nontaxable uses. Taxes for college students If applicable, the type of use number from Table 2-1 is indicated in each heading. Taxes for college students Type of use table. Taxes for college students   The first column of the table is the number you enter on Form 4136, Form 8849, or Schedule C (Form 720) for that type of use. Taxes for college students For type of use 2, the mobile machinery parenthetical applies only to Form 8849 and Form 720. Taxes for college students Table 2-1. Taxes for college students Type of Use Table No. Taxes for college students Type of Use 1 On a farm for farming purposes 2 Off-highway business use (for business use other than in a highway vehicle registered or required to be registered for highway use) (other than use in mobile machinery) 3 Export 4 In a boat engaged in commercial fishing 5 In certain intercity and local buses 6 In a qualified local bus 7 In a bus transporting students and employees of schools (school buses) 8 For diesel fuel and kerosene (other than kerosene used in aviation) used other than as a fuel in the propulsion engine of a train or diesel-powered highway vehicle (but not off-highway business use) 9 In foreign trade 10 Certain helicopter and fixed-wing aircraft uses 11 Exclusive use by a qualified blood collector organization 12 In a highway vehicle owned by the United States that is not used on a highway 13 Exclusive use by a nonprofit educational organization 14 Exclusive use by a state, political subdivision of a state, or the District of Columbia 15 In an aircraft or vehicle owned by an aircraft museum 16 In military aircraft On a farm for farming purposes (No. Taxes for college students 1). Taxes for college students   On a farm for farming purposes means fuel used in carrying on a trade or business of farming, on a farm in the United States, and for farming purposes. Taxes for college students Farm. Taxes for college students   A farm includes livestock, dairy, fish, poultry, fruit, fur-bearing animals, and truck farms; orchards; plantations; ranches; nurseries; ranges; and feed yards for fattening cattle. Taxes for college students It also includes structures such as greenhouses used primarily for the raising of agricultural or horticultural commodities. Taxes for college students A fish farm is an area where fish are grown or raised — not merely caught or harvested. Taxes for college students Farming purposes. Taxes for college students   As an owner, tenant, or operator, you use fuel on a farm for farming purposes if you use it in any of the following ways. Taxes for college students To cultivate the soil or to raise or harvest any agricultural or horticultural commodity. Taxes for college students To raise, shear, feed, care for, train, or manage livestock, bees, poultry, fur-bearing animals, or wildlife. Taxes for college students To operate, manage, conserve, improve, or maintain your farm and its tools and equipment. Taxes for college students To handle, dry, pack, grade, or store any raw agricultural or horticultural commodity. Taxes for college students For this use to qualify, you must have produced more than half the commodity so treated during the tax year. Taxes for college students Commodity means a single raw product. Taxes for college students For example, apples and peaches are two separate commodities. Taxes for college students To plant, cultivate, care for, or cut trees or to prepare (other than sawing logs into lumber, chipping, or other milling) trees for market, but only if the planting, etc. Taxes for college students , is incidental to your farming operations. Taxes for college students Your tree operations will be incidental only if they are minor in nature when compared to the total farming operations. Taxes for college students   If any other person, such as a neighbor or custom operator, performs a service for you on your farm for any of the purposes listed in (1) or (2), you are considered to be the ultimate purchaser that used the fuel on a farm for farming purposes. Taxes for college students However, see Custom application of fertilizer and pesticide, next. Taxes for college students   If doubt exists whether the owner, the tenant, or the operator of the farm bought the fuel, determine who bore the cost of the fuel. Taxes for college students For example, if the owner of a farm and the tenant equally share the cost of gasoline that is used on a farm for farming purposes, each can claim a credit for the tax on one-half the fuel used. Taxes for college students Custom application of fertilizer and pesticide. Taxes for college students   Fuel used on a farm for farming purposes includes fuel used in the application of fertilizer, pesticides, or other substances, including aerial applications. Taxes for college students Generally, the applicator is treated as having used the fuel on a farm for farming purposes. Taxes for college students For aviation gasoline, the aerial applicator makes the claim as the ultimate purchaser. Taxes for college students For kerosene used in aviation, the ultimate purchaser may make the claim or waive their right to make the claim to the registered ultimate vendor. Taxes for college students Fuel used between airfield and farm. Taxes for college students   Fuel used by an aerial applicator for the direct flight between the airfield and one or more farms is treated as a farming purpose. Taxes for college students Fuel not used for farming. Taxes for college students   Fuel is not used on a farm for farming purposes if it is used in any of the following ways. Taxes for college students Off the farm, such as on the highway or in noncommercial aviation, other than fuel used between the airfield and farm described above, even if the fuel is used in transporting livestock, feed, crops, or equipment. Taxes for college students For personal use, such as mowing the lawn. Taxes for college students In processing, packaging, freezing, or canning operations. Taxes for college students In processing crude gum into gum spirits of turpentine or gum resin or in processing maple sap into maple syrup or maple sugar. Taxes for college students Off-highway business use (No. Taxes for college students 2). Taxes for college students   Off-highway business use means fuel used in a trade or business or in an income-producing activity other than as a fuel in a highway vehicle registered or required to be registered for use on public highways. Taxes for college students The terms “highway vehicle,” “public highway,” and “registered” are defined below. Taxes for college students Do not consider any use in a boat as an off-highway business use. Taxes for college students   Off-highway business use includes fuels used in any of the following ways. Taxes for college students In stationary machines such as generators, compressors, power saws, and similar equipment. Taxes for college students For cleaning purposes. Taxes for college students In forklift trucks, bulldozers, and earthmovers. Taxes for college students   Generally, this use does not include nonbusiness use of fuel, such as use by minibikes, snowmobiles, power lawn mowers, chain saws, and other yard equipment. Taxes for college students Example. Taxes for college students Caroline owns a landscaping business. Taxes for college students She uses power lawn mowers and chain saws in her business. Taxes for college students The gasoline used in the power lawn mowers and chain saws qualifies as fuel used in an off-highway business use. Taxes for college students The gasoline used in her personal lawn mower at home does not qualify. Taxes for college students Highway vehicle. Taxes for college students   A highway vehicle is any self-propelled vehicle designed to carry a load over public highways, whether or not it is also designed to perform other functions. Taxes for college students Examples of vehicles designed to carry a load over public highways are passenger automobiles, motorcycles, buses, and highway-type trucks and truck tractors. Taxes for college students A vehicle is a highway vehicle even though the vehicle's design allows it to perform a highway transportation function for only one of the following. Taxes for college students A particular type of load, such as passengers, furnishings, and personal effects (as in a house, office, or utility trailer). Taxes for college students A special kind of cargo, goods, supplies, or materials. Taxes for college students Some off-highway task unrelated to highway transportation, except as discussed next. Taxes for college students Vehicles not considered highway vehicles. Taxes for college students   Generally, the following kinds of vehicles are not considered highway vehicles for purposes of the credit or refund of fuel taxes. Taxes for college students Specially designed mobile machinery for nontransportation functions. Taxes for college students A self-propelled vehicle is not a highway vehicle if all the following apply. Taxes for college students The chassis has permanently mounted to it machinery or equipment used to perform certain operations (construction, manufacturing, drilling, mining, timbering, processing, farming, or similar operations) if the operation of the machinery or equipment is unrelated to transportation on or off the public highways. Taxes for college students The chassis has been specially designed to serve only as a mobile carriage and mount (and power source, if applicable) for the machinery or equipment, whether or not the machinery or equipment is in operation. Taxes for college students The chassis could not, because of its special design and without substantial structural modification, be used as part of a vehicle designed to carry any other load. Taxes for college students The vehicle must have traveled less than 7,500 miles on public highways during the taxable year. Taxes for college students Vehicles specially designed for off-highway transportation. Taxes for college students A vehicle is not treated as a highway vehicle if the vehicle is specially designed for the primary function of transporting a particular type of load other than over the public highway and because of this special design, the vehicle's capability to transport a load over a public highway is substantially limited or impaired. Taxes for college students To make this determination, you can take into account the vehicle's size, whether the vehicle is subject to licensing, safety, or other requirements, and whether the vehicle can transport a load at a sustained speed of at least 25 miles per hour. Taxes for college students It does not matter that the vehicle can carry heavier loads off highway than it is allowed to carry over the highway. Taxes for college students Nontransportation trailers and semitrailers. Taxes for college students A trailer or semi-trailer is not treated as a highway vehicle if it is specially designed to function only as an enclosed stationary shelter for carrying on a nontransportation function at an off-highway site. Taxes for college students For example, a trailer that is capable only of functioning as an office for an off-highway construction operation is not a highway vehicle. Taxes for college students Public highway. Taxes for college students   A public highway includes any road in the United States that is not a private roadway. Taxes for college students This includes federal, state, county, and city roads and streets. Taxes for college students Registered. Taxes for college students   A vehicle is considered registered when it is registered or required to be registered for highway use under the law of any state, the District of Columbia, or any foreign country in which it is operated or situated. Taxes for college students Any highway vehicle operated under a dealer's tag, license, or permit is considered registered. Taxes for college students A highway vehicle is not considered registered solely because a special permit allows the vehicle to be operated at particular times and under specified conditions. Taxes for college students Dual use of propulsion motor. Taxes for college students   Off-highway business use does not include any fuel used in the propulsion motor of a registered highway vehicle even though that motor also operates special equipment by means of a power take-off or power transfer. Taxes for college students It does not matter if the special equipment is mounted on the vehicle. Taxes for college students Example. Taxes for college students The motor of a registered concrete-mixer truck operates both the engine and the mixing unit by means of a power take-off. Taxes for college students The fuel used in the motor to run the mixer is not off-highway business use. Taxes for college students Use in separate motor. Taxes for college students   Off-highway business use includes fuel used in a separate motor to operate special equipment, such as a refrigeration unit, pump, generator, or mixing unit. Taxes for college students If you draw fuel from the same tank that supplies fuel to the propulsion motor, you must figure the quantity used in the separate motor operating the special equipment. Taxes for college students You may make a reasonable estimate based on your operating experience and supported by your records. Taxes for college students   You can use devices that measure the miles the vehicle has traveled (such as hubometers) to figure the gallons of fuel used to propel the vehicle. Taxes for college students Add to this amount the fuel consumed while idling or warming up the motor before propelling the vehicle. Taxes for college students The difference between your total fuel used and the fuel used to propel the vehicle is the fuel used in the separate motor. Taxes for college students Example. Taxes for college students Hazel owns a refrigerated truck. Taxes for college students It has a separate motor for the refrigeration unit. Taxes for college students The same tank supplies both motors. Taxes for college students Using the truck's hubometer, Hazel figures that 90% of the fuel was used to propel the truck. Taxes for college students Therefore, 10% of the fuel is used in an off-highway business use. Taxes for college students Fuel lost or destroyed. Taxes for college students   You cannot treat fuel lost or destroyed through spillage, fire, or other casualty as fuel used in an off-highway business use. Taxes for college students Export (No. Taxes for college students 3). Taxes for college students   Export means fuel transported from the United States with the intention that the fuel remain in a foreign country or possession of the United States. Taxes for college students Fuel is not exported if it is in the fuel supply tank of a vehicle or aircraft. Taxes for college students In a boat engaged in commercial fishing (No. Taxes for college students 4). Taxes for college students   In a boat engaged in commercial fishing means fuel used in taking, catching, processing, or transporting fish, shellfish, or other aquatic life for commercial purposes, such as selling or processing the catch, on a specific trip basis. Taxes for college students They include boats used in both fresh and salt water fishing. Taxes for college students They do not include boats used for both sport fishing and commercial fishing on the same trip. Taxes for college students In certain intercity and local buses (No. Taxes for college students 5). Taxes for college students   In certain intercity and local buses means fuel used in a bus engaged in furnishing (for compensation) passenger land transportation available to the general public. Taxes for college students The bus must be engaged in one of the following activities. Taxes for college students Scheduled transportation along regular routes. Taxes for college students Nonscheduled operations if the seating capacity of the bus is at least 20 adults, not including the driver. Taxes for college students Vans and similar vehicles used for van-pooling or taxi service do not qualify. Taxes for college students Available to the general public. Taxes for college students   This means you offer service to more than a limited number of persons or organizations. Taxes for college students If a bus operator normally provides charter operations through travel agencies but has buses available for chartering by the general public, this service is available to the general public. Taxes for college students A bus does not qualify when its operator uses it to provide exclusive services to only one person, group, or organization. Taxes for college students Also, intercity bus transportation does not include transporting students and employees of schools or intercity transportation in a qualified local bus. Taxes for college students In a qualified local bus (No. Taxes for college students 6). Taxes for college students   In a qualified local bus means fuel used in a bus meeting all the following requirements. Taxes for college students It is engaged in furnishing (for compensation) intracity passenger land transportation available to the general public. Taxes for college students It operates along scheduled, regular routes. Taxes for college students It has a seating capacity of at least 20 adults (excluding the driver). Taxes for college students It is under contract with (or is receiving more than a nominal subsidy from) any state or local government to furnish the transportation. Taxes for college students Intracity passenger land transportation. Taxes for college students   This is the land transportation of passengers between points located within the same metropolitan area. Taxes for college students It includes transportation along routes that cross state, city, or county boundaries if the routes remain within the metropolitan area. Taxes for college students Under contract. Taxes for college students   A bus is under contract with a state or local government only if the contract imposes a bona fide obligation on the bus operator to furnish the transportation. Taxes for college students More than a nominal subsidy. Taxes for college students   A subsidy is more than nominal if it is reasonably expected to exceed an amount equal to 3 cents multiplied by the number of gallons of fuel used in buses on subsidized routes. Taxes for college students A company that operates its buses along subsidized and unsubsidized intracity routes may consider its buses qualified local buses only when the buses are used on the subsidized intracity routes. Taxes for college students In a school bus (No. Taxes for college students 7). Taxes for college students   In a school bus means fuel used in a bus engaged in the transportation of students or employees of schools. Taxes for college students A school is an educational organization with a regular faculty and curriculum and a regularly enrolled body of students who attend the place where the educational activities occur. Taxes for college students For diesel fuel and kerosene (other than kerosene used in aviation) used other than as a fuel (No. Taxes for college students 8). Taxes for college students   Diesel fuel and kerosene (other than kerosene used in aviation) used other than as a fuel in the propulsion engine of a diesel-powered highway vehicle or diesel-powered train (not including off-highway business use) means undyed diesel fuel and undyed kerosene used: For home heating, lighting, and cooking; In boats; In stationary machines, such as generators and compressors; For cleaning purposes; or In minibikes and snowmobiles. Taxes for college students In foreign trade (No. Taxes for college students 9). Taxes for college students   In foreign trade means fuel used in civil aircraft employed in foreign trade or trade between the United States and any of its possessions. Taxes for college students The term trade includes the transportation of persons or property for hire and the making of the necessary preparations for such transportation. Taxes for college students In the case of aircraft registered in a foreign country, the country must allow reciprocal benefits for aircraft registered in the United States. Taxes for college students Certain helicopter and fixed-wing aircraft uses (No. Taxes for college students 10). Taxes for college students   Includes: Certain helicopter uses. Taxes for college students   Certain helicopter uses means fuel used by a helicopter for any of the following purposes. Taxes for college students Transporting individuals, equipment, or supplies in the exploration for, or the development or removal of, hard minerals, oil, or gas. Taxes for college students Planting, cultivating, cutting, transporting, or caring for trees (including logging operations). Taxes for college students Providing emergency medical transportation. Taxes for college students   During a use described in items (1) and (2), the helicopter must not take off from, or land at, a facility eligible for assistance under the Airport and Airway Development Act of 1970, or otherwise use services provided pursuant to section 44509 or 44913(b) or subchapter I of chapter 471 of title 49, United States Code. Taxes for college students For item (1), treat each flight segment as a separate flight. Taxes for college students Fixed-wing aircraft uses. Taxes for college students   Fixed-wing aircraft uses means fuel used by a fixed-wing aircraft for any of the following purposes. Taxes for college students Planting, cultivating, cutting, transporting, or caring for trees (including logging operations). Taxes for college students Providing emergency medical transportation. Taxes for college students The aircraft must be equipped for and exclusively dedicated on that flight to acute care emergency medical services. Taxes for college students During a use described in item (1), the aircraft must not take off from, or land at, a facility eligible for assistance under the Airport and Airway Development Act of 1970, or otherwise use services provided pursuant to section 44509 or 44913(b) or subchapter I of chapter 471 of title 49, United States Code. Taxes for college students Exclusive use by a qualified blood collector organization (No. Taxes for college students 11). Taxes for college students   Exclusive use by a qualified blood collector organization means fuel used by the qualified blood collector organization for its exclusive use in the collection, storage, or transportation of blood. Taxes for college students Qualified blood collector organization. Taxes for college students   A qualified blood collector organization is one that is: Described in section 501(c)(3) and exempt from tax under section 501(a), Primarily engaged in the activity of collecting human blood, Registered by the IRS, and Registered by the Food and Drug Administration to collect blood. Taxes for college students In a highway vehicle owned by the United States that is not used on a highway (No. Taxes for college students 12). Taxes for college students   In a highway vehicle owned by the United States that is not used on a highway means fuel used in a vehicle that was not used on public highways during the period covered by the claim. Taxes for college students This use applies whether or not the vehicle is registered or required to be registered for highway use. Taxes for college students Exclusive use by a nonprofit educational organization (No. Taxes for college students 13). Taxes for college students   Exclusive use by a nonprofit educational organization means fuel used by an organization exempt from income tax under section 501(a) that meets both of the following requirements. Taxes for college students It has a regular faculty and curriculum. Taxes for college students It has a regularly enrolled body of students who attend the place where the instruction normally occurs. Taxes for college students   A nonprofit educational organization also includes a school operated by a church or other organization described in section 501(c)(3) if the school meets the above requirements. Taxes for college students Exclusive use by a state, political subdivision of a state, or the District of Columbia (No. Taxes for college students 14). Taxes for college students   Exclusive use by a state, political subdivision of a state, or the District of Columbia means fuel purchased by the state or local government for its exclusive use. Taxes for college students A state or local government is any state, any political subdivision thereof, or the District of Columbia. Taxes for college students An Indian tribal government is treated as a state only if the fuel is used in an activity that involves the exercise of an essential tribal government function. Taxes for college students Gasoline, diesel fuel, and kerosene used by the American Red Cross is considered to be the use of these fuels by a state. Taxes for college students In an aircraft or vehicle owned by an aircraft museum (No. Taxes for college students 15). Taxes for college students   In an aircraft or vehicle owned by an aircraft museum means fuel used in an aircraft or vehicle that is owned by an organization that meets all the following requirements. Taxes for college students It is exempt from income tax as an organization described in section 501(c)(3). Taxes for college students It is operated as a museum under a state (or District of Columbia) charter. Taxes for college students It is operated exclusively for acquiring, exhibiting, and caring for aircraft of the type used for combat or transport in  World War II. Taxes for college students   The aircraft or vehicle (such as a ground servicing vehicle for aircraft) must be used exclusively for the purposes described in item (3). Taxes for college students In military aircraft (No. Taxes for college students 16). Taxes for college students   In a military aircraft means fuel used in an aircraft owned by the United States or any foreign nation and constituting a part of its armed forces. Taxes for college students In commercial aviation (other than foreign trade). Taxes for college students   See Commercial aviation, earlier, for the definition. Taxes for college students Use in a train. Taxes for college students   Use in a train means fuel used in the propulsion engine of equipment or machinery that rides on rails. Taxes for college students This includes use in a locomotive, work train, switching engine, and track maintenance machine. Taxes for college students Biodiesel or Renewable Diesel Mixture Credit, Alternative Fuel Credit, and Alternative Fuel Mixture Credit For alternative fuel mixtures produced after December 31, 2011, see How to Claim the Credit below. Taxes for college students The section 6426 credit for biodiesel and alternative fuel consists of the biodiesel or renewable diesel mixture credit, alternative fuel credit, and alternative fuel mixture credit. Taxes for college students Biodiesel or renewable diesel mixture credit claimant. Taxes for college students   Claimant produced a biodiesel mixture by mixing biodiesel with diesel fuel. Taxes for college students Claimant produced a renewable diesel mixture by mixing renewable diesel with liquid fuel (other than renewable diesel). Taxes for college students   The person that produced and sold or used the mixture in their trade or business is the only person eligible to make this claim. Taxes for college students The credit is based on the gallons of biodiesel or renewable diesel in the mixture. Taxes for college students Renewable diesel does not include any fuel derived from coprocessing biomass (as defined in section 45K(c)(3)) with a feedstock that is not biomass. Taxes for college students Claim requirements. Taxes for college students   See the Instructions for Form 720 for the biodiesel or renewable diesel mixture claim requirements. Taxes for college students Alternative fuel credit claimant. Taxes for college students   For the alternative fuel credit, the registered alternative fueler who (1) sold an alternative fuel at retail delivered it into the fuel supply tank of a motor vehicle or motorboat, (2) sold an alternative fuel, delivered it in bulk taxable use in a motor vehicle or motorboat, and received required statement from the buyer, (3) used an alternative fuel (not sold at retail or in bulk as previously described) motor vehicle or motorboat, or (4) sold an alternative fuel used as a fuel in aviation is the only person eligible to make this claim. Taxes for college students Carbon capture requirement. Taxes for college students   A credit for Fischer-Tropsch process liquid fuel derived from coal (including peat) can be claimed only if the fuel is derived from coal produced at a gasification facility that separates and sequesters at least 75% of the facility's total carbon dioxide emissions. Taxes for college students Alternative fuel credit. Taxes for college students   The registered alternative fueler is the person eligible to make the claim. Taxes for college students An alternative fueler is the person liable for tax on alternative fuel under the rules for taxable events for Other Fuels (discussed in chapter 1) or would be liable but for an exemption for nontaxable uses. Taxes for college students An alternative fueler includes a person who sells for use or uses an alternative fuel in aviation. Taxes for college students Alternative fuel mixture credit claimant. Taxes for college students   For the alternative fuel mixture credit, the registered alternative fueler that produced and sold or used the mixture as a fuel in their trade or business is the only person eligible to make this claim. Taxes for college students The credit is based on the gallons of alternative fuel in the mixture. Taxes for college students An alternative fuel mixture is a mixture of alternative fuel and section 4081 taxable fuel (gasoline, diesel fuel, or kerosene). Taxes for college students Registration. Taxes for college students   You must be registered by the IRS to be eligible to claim the section 6426 fuel credit. Taxes for college students See Registration Requirements in chapter 1. Taxes for college students Credits for fuel provide incentive for United States production. Taxes for college students   The section 6426 fuel credit may not be claimed for alternative fuel that is produced outside the United States for use as a fuel outside the United States. Taxes for college students The United States includes any possession of the United States. Taxes for college students Credit for fuels derived from paper or pulp production. Taxes for college students   Credit for alternative fuels and alternative fuel mixtures for any fuel derived from the production of paper or pulp are not available for fuel sold or used on or after December 31, 2009. Taxes for college students How to Claim the Credit Any biodiesel or renewable diesel mixture credit must first be claimed on Schedule C to reduce your taxable fuel liability reported on Form 720. Taxes for college students Any excess credit may be claimed on Schedule C (Form 720), Schedule 3 (Form 8849), Form 4136, or Form 8864, Biodiesel and Renewable Diesel Fuels Credit. Taxes for college students See Notice 2005-4 and the Instructions for Form 720 for more information. Taxes for college students Also see Notice 2013-26 on page 984 of I. Taxes for college students R. Taxes for college students B. Taxes for college students 2013-18 at www. Taxes for college students irs. Taxes for college students gov/pub/irs-irbs/irb13-18. Taxes for college students pdf; and see chapter 2, later. Taxes for college students Coordination with income tax credit. Taxes for college students   Only one credit may be taken for any amount of biodiesel or renewable diesel. Taxes for college students If any amount is claimed (or will be claimed) for any amount of biodiesel or renewable diesel on Form 720, Form 8849, or Form 4136, then a claim cannot be made on Form 8864 for that amount of biodiesel or renewable diesel. Taxes for college students   Any alternative fuel credit must first be claimed on Schedule C (Form 720) to reduce your section 4041 taxable fuel liability for alternative fuel and CNG reported on Form 720. Taxes for college students Any excess credit may claimed on Schedule C (Form 720), Schedule 3 (Form 8849), or Form 4136. Taxes for college students   For alternative fuel mixtures produced after December 31, 2011, the alternative fuel mixture credit can be claimed on Schedule C (Form 720), not on Form 4136 or Schedule 3 (Form 8849), and only to the extent of your section 4081 taxable fuel liability for gasoline, diesel fuel and kerosene reported on Form 720. Taxes for college students   Calculate the limitation for alternative fuel mixtures separately and enter on Schedule C (Form 720), line 14, only the gallons of mixtures that do not exceed your section 4081 taxable fuel liability. Taxes for college students Filing Claims This section tells you how to make a claim for a credit or refund of excise taxes on fuels. Taxes for college students This section also covers recordkeeping requirements and when to include the credit or refund in your income. Taxes for college students Generally, you will provide all the information needed to claim a credit or refund when you properly complete Form 8849, Form 4136, Schedule C (Form 720), Form 6478, or Form 8864. Taxes for college students In some cases, you will have to attach additional information. Taxes for college students You need to keep records that support your claim for a credit or refund. Taxes for college students Keep at your principal place of business all records needed to enable the IRS to verify that you are the person entitled to claim a credit or refund and the amount you claimed. Taxes for college students Ultimate purchaser. Taxes for college students   Ultimate purchasers may make claims for the nontaxable use of fuels on Form 4136, Schedule 1 (Form 8849), and Schedule C (Form 720) if reporting excise tax liability on that return. Taxes for college students If you are an ultimate purchaser, you must keep the following records. Taxes for college students The number of gallons purchased and used during the period covered by your claim. Taxes for college students The dates of the purchases. Taxes for college students The names and addresses of suppliers and amounts purchased from each in the period covered by your claim. Taxes for college students The nontaxable use for which you used the fuel. Taxes for college students The number of gallons used for each nontaxable use. Taxes for college students It is important that your records show separately the number of gallons used for each nontaxable use that qualifies as a claim. Taxes for college students If the fuel is exported, you must have proof of exportation. Taxes for college students   For more information about keeping records, see Publication 583, Starting a Business and Keeping Records, or chapter 1 of Publication 17, Your Federal Income Tax for Individuals. Taxes for college students Exceptions. Taxes for college students    Generally, the ultimate purchaser may not claim a credit or refund for undyed diesel fuel, undyed kerosene, or kerosene for use in aviation sold for the exclusive use of a state or local government. Taxes for college students However, see Claims by credit card issuers, later, for an exception. Taxes for college students The ultimate purchaser may not claim a credit or refund as follows. Taxes for college students The ultimate purchaser of gasoline or aviation gasoline used by a state or local government for its exclusive use or by a nonprofit educational organization for its exclusive use may waive its right to make a claim by providing a certificate that is signed under penalties of perjury by a person authorized to bind the ultimate purchaser and is in the same format as the Model Certificate M. Taxes for college students A new certificate is required each year or when any information in the current certificate expires. Taxes for college students The ultimate purchaser of kerosene for use in commercial aviation or noncommercial aviation (other than nonexempt, noncommercial aviation and exclusive use by a state, political subdivision of a state, or the District of Columbia) may waive its right to make a claim by providing a waiver that is signed under penalties of perjury by a person authorized to bind the ultimate purchaser and is in the same format as the Model Waiver L. Taxes for college students A new waiver is required each year or when any information in the current waiver expires. Taxes for college students The ultimate purchaser of undyed diesel fuel or undyed kerosene used in certain intercity and local buses may waive its right to make a claim by providing a waiver that is signed under penalties of perjury by a person authorized to bind the ultimate purchaser and is in the same format as the Model Waiver N. Taxes for college students A new waiver is required each year or when any information in the current waiver expires. Taxes for college students The ultimate purchaser of kerosene for use in nonexempt, noncommercial aviation must provide a certificate that is signed under penalties of perjury by a person authorized to bind the ultimate purchaser and is in the same format as the Model Certificate Q. Taxes for college students A new certificate is required each year or when any information in the current certificate expires. Taxes for college students Registered ultimate vendor. Taxes for college students   Registered ultimate vendors may make claims for certain sales of fuels on Form 4136, Schedule 2 (Form 8849), and Schedule C (Form 720) if reporting excise tax liability on that return. Taxes for college students If you are a registered ultimate vendor, you must keep certain information pertaining to the sale of the fuel. Taxes for college students   To make a claim, you must have sold the fuel at a tax-excluded price, repaid the tax to the buyer, or obtained the buyer's written consent to the allowance of the claim. Taxes for college students You are required to have a valid certificate or waiver in your possession in order to make the claim. Taxes for college students   In addition, you must have a registration number that has not been revoked or suspended. Taxes for college students See Form 637. Taxes for college students State use. Taxes for college students   To make a claim as an ultimate vendor (state), you must have a UV registration number and the fuel cannot be purchased with a credit card as explained below. Taxes for college students If you sell undyed diesel fuel, undyed kerosene, or kerosene for use in aviation for use by a state or local government, you must keep the following information. Taxes for college students The name and taxpayer identification number of each person (government unit) that bought the fuel. Taxes for college students The number of gallons sold to each person. Taxes for college students An unexpired certificate from the buyer. Taxes for college students See Model Certificate P in the Appendix. Taxes for college students The certificate expires on the earlier of 1 year after the date of the certificate or the date a new certificate is given to the registered ultimate vendor. Taxes for college students Nonprofit educational organization and state use. Taxes for college students   To make a claim as an ultimate vendor (nonprofit educational organization or state), you must have a UV registration number and the fuel cannot be purchased with a credit card as explained later. Taxes for college students If you sell gasoline or aviation gasoline to a nonprofit educational organization for its exclusive use or to a state or local government for its exclusive use, you must keep the following information. Taxes for college students The name and taxpayer identification number of each person (nonprofit educational organization or government unit) that bought the fuel. Taxes for college students The number of gallons sold to each person. Taxes for college students An unexpired certificate from the buyer. Taxes for college students See Model Certificate M in the Appendix. Taxes for college students  The certificate expires on the earlier of 1 year after the date of the certificate or the date a new certificate is given to the registered ultimate vendor. Taxes for college students Blocked pump. Taxes for college students   To make a claim as an ultimate vendor (blocked pump), you must have a UP registration number. Taxes for college students If you sell undyed kerosene (other than kerosene for use in aviation) from a pump that qualifies as a blocked pump because it is locked by you after each sale and is unlocked by you at the request of the buyer, you must keep the following information for each sale of more than 5 gallons. Taxes for college students The date of each sale. Taxes for college students The name and address of the buyer. Taxes for college students The number of gallons sold to that buyer. Taxes for college students Certain intercity and local bus use. Taxes for college students   To make a claim as an ultimate vendor of undyed diesel fuel or undyed kerosene used in certain intercity and local buses, you must have a UB registration number. Taxes for college students You must keep the following information. Taxes for college students The date of each sale. Taxes for college students The name and address of the buyer. Taxes for college students The number of gallons sold to the buyer. Taxes for college students A copy of the waiver signed by the buyer at the time the credit or payment is claimed. Taxes for college students See Model Waiver N in the Appendix. Taxes for college students Kerosene for use in commercial aviation or noncommercial aviation. Taxes for college students   To make a claim as an ultimate vendor of kerosene for use in commercial aviation (other than foreign trade) or noncommercial aviation (other than nonexempt, noncommercial aviation and exclusive use by a state, political subdivision of a state, or the District of Columbia), you must have a UA registration number. Taxes for college students See Kerosene for use in aviation, earlier, for a list of nontaxable uses. Taxes for college students You must keep the following information. Taxes for college students The date of each sale. Taxes for college students The name and address of the buyer. Taxes for college students The number of gallons sold to the buyer. Taxes for college students A copy of the waiver signed by the buyer at the time the credit or payment is claimed. Taxes for college students See Model Waiver L in the Appendix. Taxes for college students Kerosene for use in nonexempt, noncommercial aviation. Taxes for college students   To make a claim as an ultimate vendor of kerosene for use in nonexempt, noncommercial aviation, you must have a UA registration number. Taxes for college students You must keep the following information. Taxes for college students The date of each sale. Taxes for college students The name and address of the buyer. Taxes for college students The number of gallons sold to the buyer. Taxes for college students A copy of the certificate signed by the buyer at the time the credit or payment is claimed. Taxes for college students See Model Certificate Q in the Appendix. Taxes for college students Claims by credit card issuers. Taxes for college students   For sales of gasoline, aviation gasoline, diesel fuel, kerosene, or kerosene for use in aviation that are purchased by an exempt user with the use of a credit card, the registered credit card issuer is the only person who can make the claim. Taxes for college students An exempt user for this purpose is: For gasoline or aviation gasoline, a state or local government (including essential government use by an Indian tribal government) or a nonprofit educational organization; or For diesel fuel, kerosene, or kerosene for use in aviation, a state or local government (including essential government use by an Indian tribal government). Taxes for college students   If gasoline is purchased without the use of a credit card, then the registered ultimate vendor of the gasoline may make the claim for refund or credit. Taxes for college students However, if the gasoline is purchased with a credit card issued to a state, but the credit card issuer is not registered by the IRS or does not meet the conditions described, the credit card issuer must collect the tax and the state may make the claim. Taxes for college students   If diesel fuel, kerosene, or kerosene for use in aviation is purchased without the use of a credit card, the registered ultimate vendor may make the claim for refund or credit. Taxes for college students A state is not allowed to make a claim for these fuels. Taxes for college students However, if the diesel fuel or kerosene is purchased with a credit card issued to a state, but the credit card issuer is not registered by the IRS or does not meet the conditions described, the credit card issuer must collect the tax and the state may make the claim. Taxes for college students   The claim from the credit card issuer must contain the following information as it applies to the fuel covered in the claim. Taxes for college students The total number of gallons. Taxes for college students Its registration number. Taxes for college students A statement that it has not collected the amount of tax from the ultimate purchaser or has obtained the written consent of the ultimate purchaser to make the claim. Taxes for college students A statement that it has repaid or agreed to repay the amount of tax to the ultimate vendor, has obtained the written consent of the ultimate vendor to make the claim, or has otherwise made arrangements which directly or indirectly provide the ultimate vendor with reimbursement of the tax. Taxes for college students Has in its possession an unexpired certificate similar to Model Certificate R in the Appendix and has no reason to believe any of the information in the certificate is false. Taxes for college students Taxpayer identification number. Taxes for college students   To file a claim, you must have a taxpayer identification number. Taxes for college students Your taxpayer identification number can be an: Employer identification number (EIN), Social security number (SSN), or Individual taxpayer identification number (ITIN), if you are an alien individual and do not have and are not eligible to get an SSN. Taxes for college students   If you normally file only a U. Taxes for college students S. Taxes for college students individual income tax return (such as Form 1040 or 1040NR), use your SSN or ITIN. Taxes for college students You get an SSN by filing Form SS-5, Application for a Social Security Card, with the Social Security Administration. Taxes for college students To get an ITIN, file Form W-7, Application for IRS Individual Taxpayer Identification Number, with the IRS. Taxes for college students   If you operate a business, use your EIN. Taxes for college students If you do not have an EIN, you may apply for one online. Taxes for college students Go to the IRS website at irs. Taxes for college students gov/businesses/small and click on the “Employer ID Numbers (EINs)” link. Taxes for college students You may also apply for an EIN by calling 1-800-829-4933, or you can fax or mail Form SS-4, Application for Employer Identification Number, to the IRS. Taxes for college students Claiming A Refund Generally, you may claim a refund of excise taxes on Form 8849. Taxes for college students Complete and attach to Form 8849 the appropriate Form 8849 schedules. Taxes for college students The instructions for Form 8849 and the separate instructions for each schedule explain the requirements for making a claim for refund. Taxes for college students If you file Form 720, you can use the Schedule C (Form 720) for your refund claims for the quarter. Taxes for college students See the Instructions for Form 720. Taxes for college students Do not claim a refund on Form 8849 for any amount for which you have filed or will file a claim on Schedule C (Form 720) or Form 4136. Taxes for college students The alternative fuel mixture credit must be claimed on Schedule C (Form 720) against your section 4081 taxable fuel liability for gasoline, diesel, and kerosene and any excess is not allowed. Taxes for college students The alternative fuel credit must first be claimed on Schedule C (Form 720) against your section 4041 taxable fuel liability for alternative fuel and CNG. Taxes for college students To the extent the alternative fuel credit exceeds this taxable fuel liability, a payment is allowed and may be claimed as a credit on Schedule C (Form 720), or as an income tax credit on Forms 4136, 6478, or 8864, as applicable. Taxes for college students Only one claim may be made for any particular amount of alternative fuel. Taxes for college students Claiming a Credit on Form 4136 For alternative fuel mixtures produced after December 31, 2011, the alternative fuel mixture credit cannot be claimed on Form 4136. Taxes for college students See Biodiesel or Renewable Diesel Mixture Credit, Alternative Fuel Credit and Alternative Fuel Mixture Credit in chapter 2, earlier. Taxes for college students A credit may be claimed for certain uses and sales of fuels on Form 4136 when you file your income tax return at the end of the year. Taxes for college students If you meet certain requirements (discussed earlier), you may be able to make a claim during the year. Taxes for college students Credit only. Taxes for college students   You can claim the following taxes only as a credit on Form 4136. Taxes for college students Tax on fuels used for nontaxable uses if the total for your tax year is less than $750. Taxes for college students Tax on fuel you did not include in any claim for refund previously filed for any quarter of your tax year. Taxes for college students Tax on fuel you used in mobile machinery (off-highway business use) that traveled less than 7,500 miles on public highways. Taxes for college students Do not claim a credit for any amount for which you have filed a refund claim on Form 8849 or credit on Schedule C (Form 720). Taxes for college students When to file. Taxes for college students   You can claim a fuel tax credit on your income tax return for the year you used the fuel (or sold the fuel in the case of a registered ultimate vendor claim). Taxes for college students You may be able to make a fuel tax claim on an amended income tax return for the year you used the fuel. Taxes for college students Generally, you must file an amended return by the later of 3 years from the date you filed your original return or within 2 years from the date you paid the income tax. Taxes for college students How to claim a credit. Taxes for college students   How you claim a credit depends on whether you are an individual, partnership, corporation, S corporation, or farmers' cooperative association. Taxes for college students Individuals. Taxes for college students   You claim the credit on the “Credits from” line of Form 1040. Taxes for college students Also check box b on that line. Taxes for college students If you would not otherwise have to file an income tax return, you must do so to get a fuel tax credit. Taxes for college students Partnerships. Taxes for college students   Partnerships (other than electing large partnerships) claim the credit by including a statement on Schedule K-1 (Form 1065), Partner's Share of Income, Deductions, Credits, etc. Taxes for college students , showing each partner's share of the number of gallons of each fuel sold or used for a non
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Circular 230 Tax Professionals

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

The Office of Professional Responsibility (OPR) At-A-Glance
Understand the Office of Professional Responsibility's mission and operations as it pertains to the standards of practice for tax professionals.

Frequently Asked Questions (FAQ's)
The Office of Professional Responsibility: Frequently Asked Questions.

OPR's Disciplinary Stats
Information regarding OPR's calendar year(s) disciplinary stats

Office of Professional Responsibility Webinars
Learn more about Practice by viewing IRS/OPR webinars from the OPR's Director.

Latest News from Office of Professional Responsibility (OPR)
The latest news from OPR.

Rights and responsibilities of practitioners in Circular 230 disciplinary cases
Rules and procedures for practitioners who fail to comply with Circular 230.

Restrictions on Practitioners Disciplined by OPR
What tax practice activities are prohibited while under suspension/disbarment.

Circular 230 Disciplinary Proceedings
An Overview.

Announcements of Disciplinary Sanctions
Office of Professional Responsibility's Final Agency Decisions in disciplinary cases, and the Internal Revenue Bulletins List of Announcements for Disbarments, Suspensions, Resignations, and Censures Since 1998 taken Against Tax Professionals.

Information for Tax Professionals
Office of Professional Responsibility/Circular 230 - related issues.

Contingent Fees Under Circular 230
Contingent Fees Under Circular 230 - Notice 2008–43.

OPR 9/11/09 Discipline Policy on FBAR Violations by Practitioners
Statement from 9/11/09 re: Discipline Policy on FBAR Violations by Practitioners

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

Enrolled Agent Program
Special competencies are required to represent your client for audits and related tax matters before the IRS. Find out about the Special Enrollment Examination and how to become an enrolled agent.

Joint Board for the Enrollment of Actuaries
Information for Enrolled Actuaries, or for individuals who wish to become Enrolled Actuaries.

Enrolled Retirement Plan Agent Program
Information for enrolled retirement plan agents and individuals who wish to become enrolled retirement plan agents.

Page Last Reviewed or Updated: 26-Feb-2014

The Taxes For College Students

Taxes for college students Publication 225 - Introductory Material Table of Contents IntroductionOrdering forms and publications. Taxes for college students Tax questions. Taxes for college students Future Developments What's New for 2013 What's New for 2014 Reminders Introduction You are in the business of farming if you cultivate, operate, or manage a farm for profit, either as owner or tenant. Taxes for college students A farm includes livestock, dairy, poultry, fish, fruit, and truck farms. Taxes for college students It also includes plantations, ranches, ranges, and orchards. Taxes for college students This publication explains how the federal tax laws apply to farming. Taxes for college students Use this publication as a guide to figure your taxes and complete your farm tax return. Taxes for college students If you need more information on a subject, get the specific IRS tax publication covering that subject. Taxes for college students We refer to many of these free publications throughout this publication. Taxes for college students See chapter 16 for information on ordering these publications. Taxes for college students The explanations and examples in this publication reflect the Internal Revenue Service's interpretation of tax laws enacted by Congress, Treasury regulations, and court decisions. Taxes for college students However, the information given does not cover every situation and is not intended to replace the law or change its meaning. Taxes for college students This publication covers subjects on which a court may have made a decision more favorable to taxpayers than the interpretation of the Service. Taxes for college students Until these differing interpretations are resolved by higher court decisions, or in some other way, this publication will continue to present the interpretation of the Service. Taxes for college students The IRS Mission. Taxes for college students   Provide America's taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness to all. Taxes for college students Comments and suggestions. Taxes for college students   We welcome your comments about this publication and your suggestions for future editions. Taxes for college students   You can write to us at the following address: Internal Revenue Service Business Forms and Publications Branch SE:W:CAR:MP:T:B 1111 Constitution Ave. Taxes for college students NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. Taxes for college students Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. Taxes for college students   You can email us at taxforms@irs. Taxes for college students gov. Taxes for college students Please put “Publications Comment” on the subject line. Taxes for college students You can also send us comments from www. Taxes for college students irs. Taxes for college students gov/formspubs/, select “Comment on Tax Forms and Publications” under “More Information. Taxes for college students ”   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. Taxes for college students Ordering forms and publications. Taxes for college students   Visit www. Taxes for college students irs. Taxes for college students gov/formspubs/ to download forms and publications, call 1-800-TAX-FORM (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. Taxes for college students Internal Revenue Service 1201 N. Taxes for college students Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. Taxes for college students   If you have a tax question, check the information available on IRS. Taxes for college students gov or call 1-800-829-1040. Taxes for college students We cannot answer tax questions sent to either of the above addresses. Taxes for college students Comments on IRS enforcement actions. Taxes for college students   The Small Business and Agricultural Regulatory Enforcement Ombudsman and 10 Regional Fairness Boards were established to receive comments from small business about federal agency enforcement actions. Taxes for college students The Ombudsman will annually evaluate the enforcement activities of each agency and rate its responsiveness to small business. Taxes for college students If you wish to comment on the enforcement actions of the IRS, you can: Call 1-888-734-3247, Fax your comments to 202-481-5719, Write to Office of the National Ombudsman U. Taxes for college students S. Taxes for college students Small Business Administration 409 3rd Street, S. Taxes for college students W. Taxes for college students  Washington, DC 20416 Send an email to ombudsman@sba. Taxes for college students gov, or Download the appraisal form at  www. Taxes for college students sba. Taxes for college students gov/ombudsman. Taxes for college students Treasury Inspector General for Tax Administration. Taxes for college students   If you want to confidentially report misconduct, waste, fraud, or abuse by an IRS employee, you can call 1-800-366-4484 (1-800-877-8339 for TTY/TDD users). Taxes for college students You can remain anonymous. Taxes for college students Farm tax classes. Taxes for college students   Many state Cooperative Extension Services conduct farm tax workshops in conjunction with the IRS. Taxes for college students Contact your county extension office for more information. Taxes for college students Rural tax education website. Taxes for college students   The Rural Tax Education website is a source for information concerning agriculturally related income and deductions and self-employment tax. Taxes for college students The website is available for farmers and ranchers, other agricultural producers, Extension educators, and any one interested in learning about the tax side of the agricultural community. Taxes for college students Members of the National Farm Income Tax Extension Committee are contributors for the website and the website is hosted by Utah State University Cooperative Extension. Taxes for college students You can visit the website at www. Taxes for college students ruraltax. Taxes for college students org. Taxes for college students Future Developments The IRS has created a page on IRS. Taxes for college students gov for information about Publication 225, at  www. Taxes for college students irs. Taxes for college students gov/pub225. Taxes for college students Information about recent developments affecting Publication 225 will be posted on that page. Taxes for college students What's New for 2013 The following items highlight a number of administrative and tax law changes for 2013. Taxes for college students They are discussed in more detail throughout the publication. Taxes for college students Standard mileage rate. Taxes for college students  For 2013, the standard mileage rate for the cost of operating your car, van, pickup, or panel truck for each mile of business use is 56. Taxes for college students 5 cents. Taxes for college students See chapter 4. Taxes for college students Simplified method for business use of home deduction. Taxes for college students  The IRS now provides a simplified method to determine your expenses for business use of your home. Taxes for college students For more information, see Schedule C (Form 1040), Part II, and its instructions. Taxes for college students See chapter 4. Taxes for college students Increased section 179 expense deduction dollar limits. Taxes for college students  The maximum amount you can elect to deduct for most section 179 property you placed in service in 2013 is $500,000. Taxes for college students This limit is reduced by the amount by which the cost of the property placed in service during the tax year exceeds $2 million. Taxes for college students See chapter 7. Taxes for college students Extension of special depreciation allowance for certain qualified property acquired after December 31, 2007. Taxes for college students  You may be able to take a 50% special depreciation allowance for certain qualified property acquired after December 31, 2007, and placed in service before January 1, 2014. Taxes for college students See chapter 7. Taxes for college students Expiration of the 3-year recovery period for certain race horses. Taxes for college students . Taxes for college students  The 3-year recovery period for race horses two years old or younger will expire for such horses placed in service after December 31, 2013. Taxes for college students See chapter 7. Taxes for college students Tax rates. Taxes for college students  For tax years beginning in 2013, the social security part of the self-employment tax increases from 10. Taxes for college students 4% to 12. Taxes for college students 4%. Taxes for college students As a result, the self-employment tax is increased from 13. Taxes for college students 3% to 15. Taxes for college students 3%. Taxes for college students See chapter 12. Taxes for college students Maximum net earnings. Taxes for college students  The maximum net self-employment earnings subject to the social security part (12. Taxes for college students 4%) of the self-employment tax increased to $113,700 for 2013. Taxes for college students There is no maximum limit on earnings subject to the Medicare part (2. Taxes for college students 9%). Taxes for college students See chapter 12. Taxes for college students Net investment income tax. Taxes for college students  For tax years beginning in 2013, individuals, estates, and trusts may be subject to the net investment income tax (NIIT). Taxes for college students If you are a trader in financial instruments and commodities and required to file Schedule C (Form 1040), your investment income (for purposes of the NIIT) may be reduced by your interest and other investment expenses to the extent those expenses are not used to reduce your self-employment income. Taxes for college students For information about NIIT and the special rule for traders in financial instruments and commodities, see the Instructions for Form 8960. Taxes for college students Social Security and Medicare Tax for 2013. Taxes for college students  The employee tax rate for social security is 6. Taxes for college students 2%. Taxes for college students The employer tax rate for social security remains unchanged at 6. Taxes for college students 2%. Taxes for college students The social security wage base limit is $113,700. Taxes for college students The Medicare tax rate is 1. Taxes for college students 45% each for the employee and employer, unchanged from 2012. Taxes for college students There is no wage base limit for Medicare tax. Taxes for college students See chapter 13. Taxes for college students Additional Medicare Tax. Taxes for college students  For tax years beginning in 2013, a 0. Taxes for college students 9% Additional Medicare Tax applies to your Medicare wages, Railroad Tax Act (RRTA) compensation, and self-employment income above a threshold amount. Taxes for college students Use Form 8959, Additional Medicare Tax, to figure this tax. Taxes for college students For more information, see the Instructions for Form 8959 and the Instructions for Schedule SE (Form 1040). Taxes for college students In addition to withholding Medicare tax at 1. Taxes for college students 45%, you must withhold a 0. Taxes for college students 9% Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. Taxes for college students You are required to begin withholding Additional Medicare Tax in the pay period in which you pay wages in excess of $200,000 to an employee and continue to withhold it each pay period until the end of the calendar year. Taxes for college students Additional Medicare Tax is only imposed on the employee. Taxes for college students There is no employer share of Additional Medicare Tax. Taxes for college students All wages that are subject to Medicare tax are subject to Additional Medicare Tax withholding if paid in excess of the $200,000 withholding threshold. Taxes for college students For more information on what wages are subject to Medicare tax, see the chart, Special Rules for Various Types of Services and Payments, in section 15 of Publication 15 (Circular E), Employer's Tax Guide. Taxes for college students For more information on Additional Medicare Tax, visit IRS. Taxes for college students gov and enter “Additional Medicare Tax” in the search box. Taxes for college students See chapter 13. Taxes for college students Leave-Based donation programs to aid victims of Hurricane Sandy. Taxes for college students  Under these programs, employees may donate their vacation, sick, or personal leave in exchange for employer cash payments made before January 1, 2014, to qualified tax-exempt organizations providing relief for the victims of Hurricane Sandy. Taxes for college students The donated leave will not be included in the income or wages of the employee. Taxes for college students The employer may deduct the cash payments as business expenses or charitable contributions. Taxes for college students See chapter 13. Taxes for college students Work opportunity tax credit for qualified tax-exempt organizations hiring qualified veterans extended. Taxes for college students  The work opportunity tax credit is now available for eligible unemployed veterans who begin work before January 1, 2014. Taxes for college students Qualified tax-exempt organizations that hire eligible unemployed veterans can claim the work opportunity tax credit against their payroll tax liability using Form 5884-C, Work Opportunity Credit for Qualified Tax-Exempt Organizations Hiring Qualified Veterans. Taxes for college students For more information, visit IRS. Taxes for college students gov and enter “work opportunity credit” in the search box. Taxes for college students See chapter 13. Taxes for college students Estimated tax. Taxes for college students  For tax years beginning in 2013, the Net Investment Income Tax (NIIT) may need to be included when calculating your estimated tax. Taxes for college students Also, when figuring your estimated tax, you may need to include the 0. Taxes for college students 9% Additional Medicare Tax applicable to Medicare wages, Railroad Retirement Tax Act (RRTA) compensation, and self-employment income above the threshold amount based on your filing status. Taxes for college students For more information, see Publication 505. Taxes for college students What's New for 2014 Maximum net earnings. Taxes for college students  The maximum net self-employment earnings subject to the social security part of the self-employment tax for 2014 will be discussed in the 2013 Publication 334. Taxes for college students See chapter 12. Taxes for college students Social security and Medicare tax for 2014. Taxes for college students  The employee and employer tax rates for social security and the maximum amount of wages subject to social security tax for 2014 will be discussed in Publication 51 (Circular A), Agricultural Employer's Tax Guide (For use in 2014). Taxes for college students The Medicare tax rate for 2014 will also be discussed in Publication 51 (Circular A) (For use in 2014). Taxes for college students There is no limit on the amount of wages subject to Medicare tax. Taxes for college students See chapter 13. Taxes for college students Reminders The following reminders and other items may help you file your tax return. Taxes for college students   IRS e-file (Electronic Filing) You can file your tax returns electronically using an IRS e-file option. Taxes for college students The benefits of IRS e-file include faster refunds, increased accuracy, and acknowledgment of IRS receipt of your return. Taxes for college students You can use one of the following IRS e-file options. Taxes for college students Use an authorized IRS e-file provider. Taxes for college students Use a personal computer. Taxes for college students Visit a Volunteer Income Tax Assistance (VITA) or Tax Counseling for the Elderly (TCE) site. Taxes for college students For details on these fast filing methods, see your income tax package. Taxes for college students Principal agricultural activity codes. Taxes for college students  You must enter on line B of Schedule F (Form 1040) a code that identifies your principal agricultural activity. Taxes for college students It is important to use the correct code because this information will identify market segments of the public for IRS Taxpayer Education programs. Taxes for college students The U. Taxes for college students S. Taxes for college students Census Bureau also uses this information for its economic census. Taxes for college students See the list of Principal Agricultural Activity Codes on page 2 of Schedule F (Form 1040). Taxes for college students Publication on employer identification numbers (EIN). Taxes for college students  Publication 1635, Understanding Your Employer Identification Number, provides general information on employer identification numbers. Taxes for college students Topics include how to apply for an EIN and how to complete Form SS-4. Taxes for college students Change of address. Taxes for college students  If you change your home address, you should use Form 8822, Change of Addres, to notify the IRS. Taxes for college students If you change your business address, you should use Form 8822-B, Change of Address or Responsible Party — Business, to notify the IRS. Taxes for college students Be sure to include your suite, room, or other unit number. Taxes for college students Reportable transactions. Taxes for college students  You must file Form 8886, Reportable Transaction Disclosure Statement, to report certain transactions. Taxes for college students You may have to pay a penalty if you are required to file Form 8886 but do not do so. Taxes for college students Reportable transactions include (1) transactions the same as or substantially similar to tax avoidance transactions identified by the IRS, (2) transactions offered to you under conditions of confidentiality and for which you paid an advisor a minimum fee, (3) transactions for which you have or a related party has a right to a full or partial refund of fees if all or part of the intended tax consequences from the transaction are not sustained, (4) transactions that result in losses of at least $2 million in any single year or $4 million in any combination of years, and (5) transactions with asset holding periods of 45 days or less and that result in a tax credit of more than $250,000. Taxes for college students For more information, see the Instructions for Form 8886. Taxes for college students Form W-4 for 2014. Taxes for college students  You should make new Forms W-4 available to your employees and encourage them to check their income tax withholding for 2014. Taxes for college students Those employees who owed a large amount of tax or received a large refund for 2013 may need to submit a new Form W-4. Taxes for college students See Publication 919, How Do I Adjust My Tax Withholding. Taxes for college students Form 1099-MISC. Taxes for college students  Generally, file Form 1099-MISC if you pay at least $600 in rents, services, and other miscellaneous payments in your farming business to an individual (for example, an accountant, an attorney, or a veterinarian) who is not your employee. Taxes for college students Limited Liability Company (LLC). Taxes for college students  For purposes of this publication, a limited liability company (LLC) is a business entity organized in the United States under state law. Taxes for college students Unlike a partnership, all of the members of an LLC have limited personal liability for its debts. Taxes for college students An LLC may be classified for federal income tax purposes as a partnership, corporation, or an entity disregarded as separate from its owner by applying the rules in Regulations section 301. Taxes for college students 7701-3. Taxes for college students See Publication 3402 for more details. Taxes for college students Photographs of missing children. Taxes for college students  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Taxes for college students Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. Taxes for college students You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. 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