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Us irs e file free 11. Us irs e file free   Casualties, Thefts, and Condemnations Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Casualties and TheftsDeductible losses. Us irs e file free Nondeductible losses. Us irs e file free Family pet. Us irs e file free Progressive deterioration. Us irs e file free Decline in market value of stock. Us irs e file free Mislaid or lost property. Us irs e file free Farming Losses How To Figure a Loss Deduction Limits on Losses of Personal-Use Property When Loss Is Deductible Proof of Loss Figuring a Gain Other Involuntary ConversionsCondemnation Irrigation Project Livestock Losses Tree Seedlings Postponing GainException. Us irs e file free Related persons. Us irs e file free Replacement Property Replacement Period How To Postpone Gain Disaster Area LossesWho is eligible. Us irs e file free Covered disaster area. Us irs e file free Reporting Gains and Losses Introduction This chapter explains the tax treatment of casualties, thefts, and condemnations. Us irs e file free A casualty occurs when property is damaged, destroyed, or lost due to a sudden, unexpected, or unusual event. Us irs e file free A theft occurs when property is stolen. Us irs e file free A condemnation occurs when private property is legally taken for public use without the owner's consent. Us irs e file free A casualty, theft, or condemnation may result in a deductible loss or taxable gain on your federal income tax return. Us irs e file free You may have a deductible loss or a taxable gain even if only a portion of your property was affected by a casualty, theft, or condemnation. Us irs e file free An involuntary conversion occurs when you receive money or other property as reimbursement for a casualty, theft, condemnation, disposition of property under threat of condemnation, or certain other events discussed in this chapter. Us irs e file free If an involuntary conversion results in a gain and you buy qualified replacement property within the specified replacement period, you can postpone reporting the gain on your income tax return. Us irs e file free For more information, see Postponing Gain , later. Us irs e file free Topics - This chapter discusses: Casualties and thefts How to figure a loss or gain Other involuntary conversions Postponing gain Disaster area losses Reporting gains and losses Drought involving property connected with a trade or business or a transaction entered into for profit Useful Items - You may want to see: Publication 523 Selling Your Home 525 Taxable and Nontaxable Income 536 Net Operating Losses (NOLs) for Individuals, Estates, and Trusts 544 Sales and Other Dispositions of Assets 547 Casualties, Disasters, and Thefts 584 Casualty, Disaster, and Theft Loss Workbook (Personal-Use Property) 584-B Business Casualty, Disaster, and Theft Loss Workbook Form (and Instructions) Sch A (Form 1040) Itemized Deductions Sch D (Form 1040) Capital Gains and Losses Sch F (Form 1040) Profit or Loss From Farming 4684 Casualties and Thefts 4797 Sales of Business Property See chapter 16 for information about getting publications and forms. Us irs e file free Casualties and Thefts If your property is destroyed, damaged, or stolen, you may have a deductible loss. Us irs e file free If the insurance or other reimbursement is more than the adjusted basis of the destroyed, damaged, or stolen property, you may have a taxable gain. Us irs e file free Casualty. Us irs e file free   A casualty is the damage, destruction, or loss of property resulting from an identifiable event that is sudden, unexpected, or unusual. Us irs e file free A sudden event is one that is swift, not gradual or progressive. Us irs e file free An unexpected event is one that is ordinarily unanticipated and unintended. Us irs e file free An unusual event is one that is not a day-to-day occurrence and that is not typical of the activity in which you were engaged. Us irs e file free Deductible losses. Us irs e file free   Deductible casualty losses can result from a number of different causes, including the following. Us irs e file free Airplane crashes. Us irs e file free Car, truck, or farm equipment accidents not resulting from your willful act or willful negligence. Us irs e file free Earthquakes. Us irs e file free Fires (but see Nondeductible losses next for exceptions). Us irs e file free Floods. Us irs e file free Freezing. Us irs e file free Government-ordered demolition or relocation of a home that is unsafe to use because of a disaster as discussed under Disaster Area Losses, in Publication 547. Us irs e file free Lightning. Us irs e file free Storms, including hurricanes and tornadoes. Us irs e file free Terrorist attacks. Us irs e file free Vandalism. Us irs e file free Volcanic eruptions. Us irs e file free Nondeductible losses. Us irs e file free   A casualty loss is not deductible if the damage or destruction is caused by the following. Us irs e file free Accidentally breaking articles such as glassware or china under normal conditions. Us irs e file free A family pet (explained below). Us irs e file free A fire if you willfully set it, or pay someone else to set it. Us irs e file free A car, truck, or farm equipment accident if your willful negligence or willful act caused it. Us irs e file free The same is true if the willful act or willful negligence of someone acting for you caused the accident. Us irs e file free Progressive deterioration (explained below). Us irs e file free Family pet. Us irs e file free   Loss of property due to damage by a family pet is not deductible as a casualty loss unless the requirements discussed above under Casualty are met. Us irs e file free Example. Us irs e file free You keep your horse in your yard. Us irs e file free The ornamental fruit trees in your yard were damaged when your horse stripped the bark from them. Us irs e file free Some of the trees were completely girdled and died. Us irs e file free Because the damage was not unexpected or unusual, the loss is not deductible. Us irs e file free Progressive deterioration. Us irs e file free   Loss of property due to progressive deterioration is not deductible as a casualty loss. Us irs e file free This is because the damage results from a steadily operating cause or a normal process, rather than from a sudden event. Us irs e file free Examples of damage due to progressive deterioration include damage from rust, corrosion, or termites. Us irs e file free However, weather-related conditions or disease may cause another type of involuntary conversion. Us irs e file free See Other Involuntary Conversions , later. Us irs e file free Theft. Us irs e file free   A theft is the taking and removing of money or property with the intent to deprive the owner of it. Us irs e file free The taking of property must be illegal under the law of the state where it occurred and it must have been done with criminal intent. Us irs e file free You do not need to show a conviction for theft. Us irs e file free   Theft includes the taking of money or property by the following means: Blackmail, Burglary, Embezzlement, Extortion, Kidnapping for ransom, Larceny, Robbery, or Threats. Us irs e file free The taking of money or property through fraud or misrepresentation is theft if it is illegal under state or local law. Us irs e file free Decline in market value of stock. Us irs e file free   You cannot deduct as a theft loss the decline in market value of stock acquired on the open market for investment if the decline is caused by disclosure of accounting fraud or other illegal misconduct by the officers or directors of the corporation that issued the stock. Us irs e file free However, you can deduct as a capital loss the loss you sustain when you sell or exchange the stock or the stock becomes completely worthless. Us irs e file free You report a capital loss on Schedule D (Form 1040). Us irs e file free For more information about stock sales, worthless stock, and capital losses, see chapter 4 of Publication 550. Us irs e file free Mislaid or lost property. Us irs e file free   The simple disappearance of money or property is not a theft. Us irs e file free However, an accidental loss or disappearance of property can qualify as a casualty if it results from an identifiable event that is sudden, unexpected, or unusual. Us irs e file free Example. Us irs e file free A car door is accidentally slammed on your hand, breaking the setting of your diamond ring. Us irs e file free The diamond falls from the ring and is never found. Us irs e file free The loss of the diamond is a casualty. Us irs e file free Farming Losses You can deduct certain casualty or theft losses that occur in the business of farming. Us irs e file free The following is a discussion of some losses you can deduct and some you cannot deduct. Us irs e file free Livestock or produce bought for resale. Us irs e file free   Casualty or theft losses of livestock or produce bought for resale are deductible if you report your income on the cash method. Us irs e file free If you report your income on an accrual method, take casualty and theft losses on property bought for resale by omitting the item from the closing inventory for the year of the loss. Us irs e file free You cannot take a separate deduction. Us irs e file free Livestock, plants, produce, and crops raised for sale. Us irs e file free   Losses of livestock, plants, produce, and crops raised for sale are generally not deductible if you report your income on the cash method. Us irs e file free You have already deducted the cost of raising these items as farm expenses, so their basis is equal to zero. Us irs e file free   For plants with a preproductive period of more than 2 years, you may have a deductible loss if you have a tax basis in the plants. Us irs e file free You usually have a tax basis if you capitalized the expenses associated with these plants under the uniform capitalization rules. Us irs e file free The uniform capitalization rules are discussed in chapter 6. Us irs e file free   If you report your income on an accrual method, casualty or theft losses are deductible only if you included the items in your inventory at the beginning of your tax year. Us irs e file free You get the deduction by omitting the item from your inventory at the close of your tax year. Us irs e file free You cannot take a separate casualty or theft deduction. Us irs e file free Income loss. Us irs e file free   A loss of future income is not deductible. Us irs e file free Example. Us irs e file free A severe flood destroyed your crops. Us irs e file free Because you are a cash method taxpayer and already deducted the cost of raising the crops as farm expenses, this loss is not deductible, as explained above under Livestock, plants, produce, and crops raised for sale . Us irs e file free You estimate that the crop loss will reduce your farm income by $25,000. Us irs e file free This loss of future income is also not deductible. Us irs e file free Loss of timber. Us irs e file free   If you sell timber downed as a result of a casualty, treat the proceeds from the sale as a reimbursement. Us irs e file free If you use the proceeds to buy qualified replacement property, you can postpone reporting the gain. Us irs e file free See Postponing Gain , later. Us irs e file free Property used in farming. Us irs e file free   Casualty and theft losses of property used in your farm business usually result in deductible losses. Us irs e file free If a fire or storm destroyed your barn, or you lose by casualty or theft an animal you bought for draft, breeding, dairy, or sport, you may have a deductible loss. Us irs e file free See How To Figure a Loss , later. Us irs e file free Raised draft, breeding, dairy, or sporting animals. Us irs e file free   Generally, losses of raised draft, breeding, dairy, or sporting animals do not result in deductible casualty or theft losses because you have no basis in the animals. Us irs e file free However, you may have a basis in the animal and therefore may be able to claim a deduction if either of the following situations applies to you. Us irs e file free You use inventories to determine your income and you included the animals in your inventory. Us irs e file free You capitalized the expenses associated with the animals under the uniform capitalization rules and therefore have a tax basis in the animals subject to a casualty or theft. Us irs e file free When you include livestock in inventory, its last inventory value is its basis. Us irs e file free When you lose an inventoried animal held for draft, breeding, dairy, or sport by casualty or theft during the year, decrease ending inventory by the amount you included in inventory for the animal. Us irs e file free You cannot take a separate deduction. Us irs e file free How To Figure a Loss How you figure a deductible casualty or theft loss depends on whether the loss was to farm or personal-use property and whether the property was stolen or partly or completely destroyed. Us irs e file free Farm property. Us irs e file free   Farm property is the property you use in your farming business. Us irs e file free If your farm property was completely destroyed or stolen, your loss is figured as follows:      Your adjusted basis in the property     MINUS     Any salvage value     MINUS     Any insurance or other reimbursement you  receive or expect to receive      You can use the schedules in Publication 584-B to list your stolen, damaged, or destroyed business property and to figure your loss. Us irs e file free   If your farm property was partially damaged, use the steps shown under Personal-use property next to figure your casualty loss. Us irs e file free However, the deduction limits, discussed later, do not apply to farm property. Us irs e file free Personal-use property. Us irs e file free   Personal-use property is property used by you or your family members for personal purposes and not used in your farm business or for income-producing purposes. Us irs e file free The following items are examples of personal-use property: Your main home. Us irs e file free Furniture and electronics used in your main home and not used in a home office or for business purposes. Us irs e file free Clothing and jewelry. Us irs e file free An automobile used for nonbusiness purposes. Us irs e file free You figure the casualty or theft loss on this property by taking the following steps. Us irs e file free Determine your adjusted basis in the property before the casualty or theft. Us irs e file free Determine the decrease in fair market value of the property as a result of the casualty or theft. Us irs e file free From the smaller of the amounts you determined in (1) and (2), subtract any insurance or other reimbursement you receive or expect to receive. Us irs e file free You must apply the deduction limits, discussed later, to determine your deductible loss. Us irs e file free    You can use Publication 584 to list your stolen or damaged personal-use property and figure your loss. Us irs e file free It includes schedules to help you figure the loss on your home, its contents, and your motor vehicles. Us irs e file free Adjusted basis. Us irs e file free   Adjusted basis is your basis (usually cost) increased or decreased by various events, such as improvements and casualty losses. Us irs e file free For more information about adjusted basis, see chapter 6. Us irs e file free Decrease in fair market value (FMV). Us irs e file free   The decrease in FMV is the difference between the property's value immediately before the casualty or theft and its value immediately afterward. Us irs e file free FMV is defined in chapter 10 under Payments Received or Considered Received . Us irs e file free Appraisal. Us irs e file free   To figure the decrease in FMV because of a casualty or theft, you generally need a competent appraisal. Us irs e file free But other measures, such as the cost of cleaning up or making repairs (discussed next) can be used to establish decreases in FMV. Us irs e file free   An appraisal to determine the difference between the FMV of the property immediately before a casualty or theft and immediately afterward should be made by a competent appraiser. Us irs e file free The appraiser must recognize the effects of any general market decline that may occur along with the casualty. Us irs e file free This information is needed to limit any deduction to the actual loss resulting from damage to the property. Us irs e file free Cost of cleaning up or making repairs. Us irs e file free   The cost of cleaning up after a casualty is not part of a casualty loss. Us irs e file free Neither is the cost of repairing damaged property after a casualty. Us irs e file free But you can use the cost of cleaning up or making repairs after a casualty as a measure of the decrease in FMV if you meet all the following conditions. Us irs e file free The repairs are actually made. Us irs e file free The repairs are necessary to bring the property back to its condition before the casualty. Us irs e file free The amount spent for repairs is not excessive. Us irs e file free The repairs fix the damage only. Us irs e file free The value of the property after the repairs is not, due to the repairs, more than the value of the property before the casualty. Us irs e file free Related expenses. Us irs e file free   The incidental expenses due to a casualty or theft, such as expenses for the treatment of personal injuries, temporary housing, or a rental car, are not part of your casualty or theft loss. Us irs e file free However, they may be deductible as farm business expenses if the damaged or stolen property is farm property. Us irs e file free Separate computations for more than one item of property. Us irs e file free   Generally, if a single casualty or theft involves more than one item of property, you must figure your loss separately for each item of property. Us irs e file free Then combine the losses to determine your total loss. Us irs e file free    There is an exception to this rule for personal-use real property. Us irs e file free See Exception for personal-use real property, later. Us irs e file free Example. Us irs e file free A fire on your farm damaged a tractor and the barn in which it was stored. Us irs e file free The tractor had an adjusted basis of $3,300. Us irs e file free Its FMV was $28,000 just before the fire and $10,000 immediately afterward. Us irs e file free The barn had an adjusted basis of $28,000. Us irs e file free Its FMV was $55,000 just before the fire and $25,000 immediately afterward. Us irs e file free You received insurance reimbursements of $2,100 on the tractor and $26,000 on the barn. Us irs e file free Figure your deductible casualty loss separately for the two items of property. Us irs e file free     Tractor Barn 1) Adjusted basis $3,300 $28,000 2) FMV before fire $28,000 $55,000 3) FMV after fire 10,000 25,000 4) Decrease in FMV  (line 2 − line 3) $18,000 $30,000 5) Loss (lesser of line 1 or line 4) $3,300 $28,000 6) Minus: Insurance 2,100 26,000 7) Deductible casualty loss $1,200 $2,000 8) Total deductible casualty loss $3,200 Exception for personal-use real property. Us irs e file free   In figuring a casualty loss on personal-use real property, the entire property (including any improvements, such as buildings, trees, and shrubs) is treated as one item. Us irs e file free Figure the loss using the smaller of the following. Us irs e file free The decrease in FMV of the entire property. Us irs e file free The adjusted basis of the entire property. Us irs e file free Example. Us irs e file free You bought a farm in 1990 for $160,000. Us irs e file free The adjusted basis of the residential part is now $128,000. Us irs e file free In 2013, a windstorm blew down shade trees and three ornamental trees planted at a cost of $7,500 on the residential part. Us irs e file free The adjusted basis of the residential part includes the $7,500. Us irs e file free The fair market value (FMV) of the residential part immediately before the storm was $400,000, and $385,000 immediately after the storm. Us irs e file free The trees were not covered by insurance. Us irs e file free 1) Adjusted basis $128,000 2) FMV before the storm $400,000 3) FMV after the storm 385,000 4) Decrease in FMV (line 2 − line 3) $15,000 5) Loss before insurance (lesser of line 1 or line 4) $15,000 6) Minus: Insurance -0- 7) Amount of loss $15,000 Insurance and other reimbursements. Us irs e file free   If you receive an insurance or other type of reimbursement, you must subtract the reimbursement when you figure your loss. Us irs e file free You do not have a casualty or theft loss to the extent you are reimbursed. Us irs e file free   If you expect to be reimbursed for part or all of your loss, you must subtract the expected reimbursement when you figure your loss. Us irs e file free You must reduce your loss even if you do not receive payment until a later tax year. Us irs e file free    Do not subtract from your loss any insurance payments you receive for living expenses if you lose the use of your main home or are denied access to it because of a casualty. Us irs e file free You may have to include a portion of these payments in your income. Us irs e file free See Insurance payments for living expenses in Publication 547 for details. Us irs e file free Disaster relief. Us irs e file free   Food, medical supplies, and other forms of assistance you receive do not reduce your casualty loss, unless they are replacements for lost or destroyed property. Us irs e file free Excludable cash gifts you receive also do not reduce your casualty loss if there are no limits on how you can use the money. Us irs e file free   Generally, disaster relief grants received under the Robert T. Us irs e file free Stafford Disaster Relief and Emergency Assistance Act are not included in your income. Us irs e file free See Federal disaster relief grants , later, under Disaster Area Losses . Us irs e file free   Qualified disaster relief payments for expenses you incurred as a result of a federally declared disaster are not taxable income to you. Us irs e file free See Qualified disaster relief payments , later, under Disaster Area Losses . Us irs e file free Reimbursement received after deducting loss. Us irs e file free   If you figure your casualty or theft loss using your expected reimbursement, you may have to adjust your tax return for the tax year in which you get your actual reimbursement. Us irs e file free Actual reimbursement less than expected. Us irs e file free   If you later receive less reimbursement than you expected, include that difference as a loss with your other losses (if any) on your return for the year in which you can reasonably expect no more reimbursement. Us irs e file free Actual reimbursement more than expected. Us irs e file free   If you later receive more reimbursement than you expected after you have claimed a deduction for the loss, you may have to include the extra reimbursement in your income for the year you receive it. Us irs e file free However, if any part of your original deduction did not reduce your tax for the earlier year, do not include that part of the reimbursement in your income. Us irs e file free Do not refigure your tax for the year you claimed the deduction. Us irs e file free See Recoveries in Publication 525 to find out how much extra reimbursement to include in income. Us irs e file free If the total of all the reimbursements you receive is more than your adjusted basis in the destroyed or stolen property, you will have a gain on the casualty or theft. Us irs e file free See Figuring a Gain in Publication 547 for information on how to treat a gain from the reimbursement you receive because of a casualty or theft. Us irs e file free Actual reimbursement same as expected. Us irs e file free   If you receive exactly the reimbursement you expected to receive, you do not have to include any of the reimbursement in your income and you cannot deduct any additional loss. Us irs e file free Lump-sum reimbursement. Us irs e file free   If you have a casualty or theft loss of several assets at the same time without an allocation of reimbursement to specific assets, divide the lump-sum reimbursement among the assets according to the fair market value of each asset at the time of the loss. Us irs e file free Figure the gain or loss separately for each asset that has a separate basis. Us irs e file free Adjustments to basis. Us irs e file free   If you have a casualty or theft loss, you must decrease your basis in the property by any insurance or other reimbursement you receive and by any deductible loss. Us irs e file free The result is your adjusted basis in the property. Us irs e file free Amounts you spend on repairs to restore your property to its pre-casualty condition increase your adjusted basis. Us irs e file free See Adjusted Basis in chapter 6 for more information. Us irs e file free Example. Us irs e file free You built a new silo for $25,000. Us irs e file free This is the basis in your silo because that is the total cost you incurred to build it. Us irs e file free During the year, a tornado damaged your silo and your allowable casualty loss deduction was $1,000. Us irs e file free In addition, your insurance company reimbursed you $4,000 for the damage and you spent $6,000 to restore the silo to its pre-casualty condition. Us irs e file free Your adjusted basis in the silo after the casualty is $26,000 ($25,000 - $1,000 - $4,000 + $6,000). Us irs e file free Deduction Limits on Losses of Personal-Use Property Casualty and theft losses of property held for personal use may be deductible if you itemize deductions on Schedule A (Form 1040). Us irs e file free There are two limits on the deduction for casualty or theft loss of personal-use property. Us irs e file free You figure these limits on Form 4684. Us irs e file free $100 rule. Us irs e file free   You must reduce each casualty or theft loss on personal-use property by $100. Us irs e file free This rule applies after you have subtracted any reimbursement. Us irs e file free 10% rule. Us irs e file free   You must further reduce the total of all your casualty or theft losses on personal-use property by 10% of your adjusted gross income. Us irs e file free Apply this rule after you reduce each loss by $100. Us irs e file free Adjusted gross income is on line 38 of Form 1040. Us irs e file free Example. Us irs e file free In June, you discovered that your house had been burglarized. Us irs e file free Your loss after insurance reimbursement was $2,000. Us irs e file free Your adjusted gross income for the year you discovered the burglary is $57,000. Us irs e file free Figure your theft loss deduction as follows: 1. Us irs e file free Loss after insurance $2,000 2. Us irs e file free Subtract $100 100 3. Us irs e file free Loss after $100 rule $1,900 4. Us irs e file free Subtract 10% (. Us irs e file free 10) × $57,000 AGI $5,700 5. Us irs e file free Theft loss deduction -0- You do not have a theft loss deduction because your loss ($1,900) is less than 10% of your adjusted gross income ($5,700). Us irs e file free    If you have a casualty or theft gain in addition to a loss, you will have to make a special computation before you figure your 10% limit. Us irs e file free See 10% Rule in Publication 547. Us irs e file free When Loss Is Deductible Generally, you can deduct casualty losses that are not reimbursable only in the tax year in which they occur. Us irs e file free You generally can deduct theft losses that are not reimbursable only in the year you discover your property was stolen. Us irs e file free However, losses in federally declared disaster areas are subject to different rules. Us irs e file free See Disaster Area Losses , later, for an exception. Us irs e file free If you are not sure whether part of your casualty or theft loss will be reimbursed, do not deduct that part until the tax year when you become reasonably certain that it will not be reimbursed. Us irs e file free Leased property. Us irs e file free   If you lease property from someone else, you can deduct a loss on the property in the year your liability for the loss is fixed. Us irs e file free This is true even if the loss occurred or the liability was paid in a different year. Us irs e file free You are not entitled to a deduction until your liability under the lease can be determined with reasonable accuracy. Us irs e file free Your liability can be determined when a claim for recovery is settled, adjudicated, or abandoned. Us irs e file free Example. Us irs e file free Robert leased a tractor from First Implement, Inc. Us irs e file free , for use in his farm business. Us irs e file free The tractor was destroyed by a tornado in June 2012. Us irs e file free The loss was not insured. Us irs e file free First Implement billed Robert for the fair market value of the tractor on the date of the loss. Us irs e file free Robert disagreed with the bill and refused to pay it. Us irs e file free First Implement later filed suit in court against Robert. Us irs e file free In 2013, Robert and First Implement agreed to settle the suit for $20,000, and the court entered a judgment in favor of First Implement. Us irs e file free Robert paid $20,000 in June 2013. Us irs e file free He can claim the $20,000 as a loss on his 2013 tax return. Us irs e file free Net operating loss (NOL). Us irs e file free   If your deductions, including casualty or theft loss deductions, are more than your income for the year, you may have an NOL. Us irs e file free An NOL can be carried back or carried forward and deducted from income in other years. Us irs e file free See Publication 536 for more information on NOLs. Us irs e file free Proof of Loss To deduct a casualty or theft loss, you must be able to prove that there was a casualty or theft. Us irs e file free You must have records to support the amount you claim for the loss. Us irs e file free Casualty loss proof. Us irs e file free   For a casualty loss, your records should show all the following information. Us irs e file free The type of casualty (car accident, fire, storm, etc. Us irs e file free ) and when it occurred. Us irs e file free That the loss was a direct result of the casualty. Us irs e file free That you were the owner of the property or, if you leased the property from someone else, that you were contractually liable to the owner for the damage. Us irs e file free Whether a claim for reimbursement exists for which there is a reasonable expectation of recovery. Us irs e file free Theft loss proof. Us irs e file free   For a theft loss, your records should show all the following information. Us irs e file free When you discovered your property was missing. Us irs e file free That your property was stolen. Us irs e file free That you were the owner of the property. Us irs e file free Whether a claim for reimbursement exists for which there is a reasonable expectation of recovery. Us irs e file free Figuring a Gain A casualty or theft may result in a taxable gain. Us irs e file free If you receive an insurance payment or other reimbursement that is more than your adjusted basis in the destroyed, damaged, or stolen property, you have a gain from the casualty or theft. Us irs e file free You generally report your gain as income in the year you receive the reimbursement. Us irs e file free However, depending on the type of property you receive, you may not have to report your gain. Us irs e file free See Postponing Gain , later. Us irs e file free Your gain is figured as follows: The amount you receive, minus Your adjusted basis in the property at the time of the casualty or theft. Us irs e file free Even if the decrease in FMV of your property is smaller than the adjusted basis of your property, use your adjusted basis to figure the gain. Us irs e file free Amount you receive. Us irs e file free   The amount you receive includes any money plus the value of any property you receive, minus any expenses you have in obtaining reimbursement. Us irs e file free It also includes any reimbursement used to pay off a mortgage or other lien on the damaged, destroyed, or stolen property. Us irs e file free Example. Us irs e file free A tornado severely damaged your barn. Us irs e file free The adjusted basis of the barn was $25,000. Us irs e file free Your insurance company reimbursed you $40,000 for the damaged barn. Us irs e file free However, you had legal expenses of $2,000 to collect that insurance. Us irs e file free Your insurance minus your expenses to collect the insurance is more than your adjusted basis in the barn, so you have a gain. Us irs e file free 1) Insurance reimbursement $40,000 2) Legal expenses 2,000 3) Amount received  (line 1 − line 2) $38,000 4) Adjusted basis 25,000 5) Gain on casualty (line 3 − line 4) $13,000 Other Involuntary Conversions In addition to casualties and thefts, other events cause involuntary conversions of property. Us irs e file free Some of these are discussed in the following paragraphs. Us irs e file free Gain or loss from an involuntary conversion of your property is usually recognized for tax purposes. Us irs e file free You report the gain or deduct the loss on your tax return for the year you realize it. Us irs e file free However, depending on the type of property you receive, you may not have to report your gain on the involuntary conversion. Us irs e file free See Postponing Gain , later. Us irs e file free Condemnation Condemnation is the process by which private property is legally taken for public use without the owner's consent. Us irs e file free The property may be taken by the federal government, a state government, a political subdivision, or a private organization that has the power to legally take property. Us irs e file free The owner receives a condemnation award (money or property) in exchange for the property taken. Us irs e file free A condemnation is a forced sale, the owner being the seller and the condemning authority being the buyer. Us irs e file free Threat of condemnation. Us irs e file free   Treat the sale of your property under threat of condemnation as a condemnation, provided you have reasonable grounds to believe that your property will be condemned. Us irs e file free Main home condemned. Us irs e file free   If you have a gain because your main home is condemned, you generally can exclude the gain from your income as if you had sold or exchanged your home. Us irs e file free For information on this exclusion, see Publication 523. Us irs e file free If your gain is more than the amount you can exclude, but you buy replacement property, you may be able to postpone reporting the excess gain. Us irs e file free See Postponing Gain , later. Us irs e file free (You cannot deduct a loss from the condemnation of your main home. Us irs e file free ) More information. Us irs e file free   For information on how to figure the gain or loss on condemned property, see chapter 1 in Publication 544. Us irs e file free Also see Postponing Gain , later, to find out if you can postpone reporting the gain. Us irs e file free Irrigation Project The sale or other disposition of property located within an irrigation project to conform to the acreage limits of federal reclamation laws is an involuntary conversion. Us irs e file free Livestock Losses Diseased livestock. Us irs e file free   If your livestock die from disease, or are destroyed, sold, or exchanged because of disease, even though the disease is not of epidemic proportions, treat these occurrences as involuntary conversions. Us irs e file free If the livestock were raised or purchased for resale, follow the rules for livestock discussed earlier under Farming Losses . Us irs e file free Otherwise, figure the gain or loss from these conversions using the rules discussed under Determining Gain or Loss in chapter 8. Us irs e file free If you replace the livestock, you may be able to postpone reporting the gain. Us irs e file free See Postponing Gain below. Us irs e file free Reporting dispositions of diseased livestock. Us irs e file free   If you choose to postpone reporting gain on the disposition of diseased livestock, you must attach a statement to your return explaining that the livestock were disposed of because of disease. Us irs e file free You must also include other information on this statement. Us irs e file free See How To Postpone Gain , later, under Postponing Gain . Us irs e file free Weather-related sales of livestock. Us irs e file free   If you sell or exchange livestock (other than poultry) held for draft, breeding, or dairy purposes solely because of drought, flood, or other weather-related conditions, treat the sale or exchange as an involuntary conversion. Us irs e file free Only livestock sold in excess of the number you normally would sell under usual business practice, in the absence of weather-related conditions, are considered involuntary conversions. Us irs e file free Figure the gain or loss using the rules discussed under Determining Gain or Loss in chapter 8. Us irs e file free If you replace the livestock, you may be able to postpone reporting the gain. Us irs e file free See Postponing Gain below. Us irs e file free Example. Us irs e file free It is your usual business practice to sell five of your dairy animals during the year. Us irs e file free This year you sold 20 dairy animals because of drought. Us irs e file free The sale of 15 animals is treated as an involuntary conversion. Us irs e file free    If you do not replace the livestock, you may be able to report the gain in the following year's income. Us irs e file free This rule also applies to other livestock (including poultry). Us irs e file free See Sales Caused by Weather-Related Conditions in chapter 3. Us irs e file free Tree Seedlings If, because of an abnormal drought, the failure of planted tree seedlings is greater than normally anticipated, you may have a deductible loss. Us irs e file free Treat the loss as a loss from an involuntary conversion. Us irs e file free The loss equals the previously capitalized reforestation costs you had to duplicate on replanting. Us irs e file free You deduct the loss on the return for the year the seedlings died. Us irs e file free Postponing Gain Do not report a gain if you receive reimbursement in the form of property similar or related in service or use to the destroyed, stolen, or other involuntarily converted property. Us irs e file free Your basis in the new property is generally the same as your adjusted basis in the property it replaces. Us irs e file free You must ordinarily report the gain on your stolen, destroyed, or other involuntarily converted property if you receive money or unlike property as reimbursement. Us irs e file free However, you can choose to postpone reporting the gain if you purchase replacement property similar or related in service or use to your destroyed, stolen, or other involuntarily converted property within a specific replacement period. Us irs e file free If you have a gain on damaged property, you can postpone reporting the gain if you spend the reimbursement to restore the property. Us irs e file free To postpone reporting all the gain, the cost of your replacement property must be at least as much as the reimbursement you receive. Us irs e file free If the cost of the replacement property is less than the reimbursement, you must include the gain in your income up to the amount of the unspent reimbursement. Us irs e file free Example 1. Us irs e file free In 1985, you constructed a barn to store farm equipment at a cost of $20,000. Us irs e file free In 1987, you added a silo to the barn at a cost of $15,000 to store grain. Us irs e file free In May of this year, the property was worth $100,000. Us irs e file free In June the barn and silo were destroyed by a tornado. Us irs e file free At the time of the tornado, you had an adjusted basis of $0 in the property. Us irs e file free You received $85,000 from the insurance company. Us irs e file free You had a gain of $85,000 ($85,000 – $0). Us irs e file free You spent $80,000 to rebuild the barn and silo. Us irs e file free Since this is less than the insurance proceeds received, you must include $5,000 ($85,000 – $80,000) in your income. Us irs e file free Example 2. Us irs e file free In 1970, you bought a cabin in the mountains for your personal use at a cost of $18,000. Us irs e file free You made no further improvements or additions to it. Us irs e file free When a storm destroyed the cabin this January, the cabin was worth $250,000. Us irs e file free You received $146,000 from the insurance company in March. Us irs e file free You had a gain of $128,000 ($146,000 − $18,000). Us irs e file free You spent $144,000 to rebuild the cabin. Us irs e file free Since this is less than the insurance proceeds received, you must include $2,000 ($146,000 − $144,000) in your income. Us irs e file free Buying replacement property from a related person. Us irs e file free   You cannot postpone reporting a gain from a casualty, theft, or other involuntary conversion if you buy the replacement property from a related person (discussed later). Us irs e file free This rule applies to the following taxpayers. Us irs e file free C corporations. Us irs e file free Partnerships in which more than 50% of the capital or profits interest is owned by C corporations. Us irs e file free Individuals, partnerships (other than those in (2) above), and S corporations if the total realized gain for the tax year on all involuntarily converted properties on which there are realized gains is more than $100,000. Us irs e file free For involuntary conversions described in (3) above, gains cannot be offset by any losses when determining whether the total gain is more than $100,000. Us irs e file free If the property is owned by a partnership, the $100,000 limit applies to the partnership and each partner. Us irs e file free If the property is owned by an S corporation, the $100,000 limit applies to the S corporation and each shareholder. Us irs e file free Exception. Us irs e file free   This rule does not apply if the related person acquired the property from an unrelated person within the period of time allowed for replacing the involuntarily converted property. Us irs e file free Related persons. Us irs e file free   Under this rule, related persons include, for example, a parent and child, a brother and sister, a corporation and an individual who owns more than 50% of its outstanding stock, and two partnerships in which the same C corporations own more than 50% of the capital or profits interests. Us irs e file free For more information on related persons, see Nondeductible Loss under Sales and Exchanges Between Related Persons in chapter 2 of Publication 544. Us irs e file free Death of a taxpayer. Us irs e file free   If a taxpayer dies after having a gain, but before buying replacement property, the gain must be reported for the year in which the decedent realized the gain. Us irs e file free The executor of the estate or the person succeeding to the funds from the involuntary conversion cannot postpone reporting the gain by buying replacement property. Us irs e file free Replacement Property You must buy replacement property for the specific purpose of replacing your property. Us irs e file free Your replacement property must be similar or related in service or use to the property it replaces. Us irs e file free You do not have to use the same funds you receive as reimbursement for your old property to acquire the replacement property. Us irs e file free If you spend the money you receive for other purposes, and borrow money to buy replacement property, you can still choose to postpone reporting the gain if you meet the other requirements. Us irs e file free Property you acquire by gift or inheritance does not qualify as replacement property. Us irs e file free Owner-user. Us irs e file free   If you are an owner-user, similar or related in service or use means that replacement property must function in the same way as the property it replaces. Us irs e file free Examples of property that functions in the same way as the property it replaces are a home that replaces another home, a dairy cow that replaces another dairy cow, and farm land that replaces other farm land. Us irs e file free A grinding mill that replaces a tractor does not qualify. Us irs e file free Neither does a breeding or draft animal that replaces a dairy cow. Us irs e file free Soil or other environmental contamination. Us irs e file free   If, because of soil or other environmental contamination, it is not feasible for you to reinvest your insurance money or other proceeds from destroyed or damaged livestock in property similar or related in service or use to the livestock, you can treat other property (including real property) used for farming purposes, as property similar or related in service or use to the destroyed or damaged livestock. Us irs e file free Weather-related conditions. Us irs e file free   If, because of drought, flood, or other weather-related conditions, it is not feasible for you to reinvest the insurance money or other proceeds in property similar or related in service or use to the livestock, you can treat other property (excluding real property) used for farming purposes, as property similar or related in service or use to the livestock you disposed of. Us irs e file free Example. Us irs e file free Each year you normally sell 25 cows from your beef herd. Us irs e file free However, this year you had to sell 50 cows. Us irs e file free This is because a severe drought significantly reduced the amount of hay and pasture yield needed to feed your herd for the rest of the year. Us irs e file free Because, as a result of the severe drought, it is not feasible for you to use the proceeds from selling the extra cows to buy new cows, you can treat other property (excluding real property) used for farming purposes, as property similar or related in service or use to the cows you sold. Us irs e file free Standing crop destroyed by casualty. Us irs e file free   If a storm or other casualty destroyed your standing crop and you use the insurance money to acquire either another standing crop or a harvested crop, this purchase qualifies as replacement property. Us irs e file free The costs of planting and raising a new crop qualify as replacement costs for the destroyed crop only if you use the crop method of accounting (discussed in chapter 2). Us irs e file free In that case, the costs of bringing the new crop to the same level of maturity as the destroyed crop qualify as replacement costs to the extent they are incurred during the replacement period. Us irs e file free Timber loss. Us irs e file free   Standing timber you bought with the proceeds from the sale of timber downed as a result of a casualty, such as high winds, earthquakes, or volcanic eruptions, qualifies as replacement property. Us irs e file free If you bought the standing timber within the replacement period, you can postpone reporting the gain. Us irs e file free Business or income-producing property located in a federally declared disaster area. Us irs e file free   If your destroyed business or income-producing property was located in a federally declared disaster area, any tangible replacement property you acquire for use in any business is treated as similar or related in service or use to the destroyed property. Us irs e file free For more information, see Disaster Area Losses in Publication 547. Us irs e file free Substituting replacement property. Us irs e file free   Once you have acquired qualified replacement property that you designate as replacement property in a statement attached to your tax return, you cannot substitute other qualified replacement property. Us irs e file free This is true even if you acquire the other property within the replacement period. Us irs e file free However, if you discover that the original replacement property was not qualified replacement property, you can, within the replacement period, substitute the new qualified replacement property. Us irs e file free Basis of replacement property. Us irs e file free   You must reduce the basis of your replacement property (its cost) by the amount of postponed gain. Us irs e file free In this way, tax on the gain is postponed until you dispose of the replacement property. Us irs e file free Replacement Period To postpone reporting your gain, you must buy replacement property within a specified period of time. Us irs e file free This is the replacement period. Us irs e file free The replacement period begins on the date your property was damaged, destroyed, stolen, sold, or exchanged. Us irs e file free The replacement period generally ends 2 years after the close of the first tax year in which you realize any part of your gain from the involuntary conversion. Us irs e file free Example. Us irs e file free You are a calendar year taxpayer. Us irs e file free While you were on vacation, farm equipment that cost $2,200 was stolen from your farm. Us irs e file free You discovered the theft when you returned to your farm on November 11, 2012. Us irs e file free Your insurance company investigated the theft and did not settle your claim until January 5, 2013, when they paid you $3,000. Us irs e file free You first realized a gain from the reimbursement for the theft during 2013, so you have until December 31, 2015, to replace the property. Us irs e file free Main home in disaster area. Us irs e file free   For your main home (or its contents) located in a federally declared disaster area, the replacement period ends 4 years after the close of the first tax year in which you realize any part of your gain from the involuntary conversion. Us irs e file free See Disaster Area Losses , later. Us irs e file free Property in the Midwestern disaster areas. Us irs e file free   For property located in the Midwestern disaster areas (defined in Table 4 in the 2008 Publication 547) that was destroyed, damaged, stolen, or condemned, the replacement period ends 5 years after the close of the first tax year in which any part of your gain is realized. Us irs e file free This 5-year replacement period applies only if substantially all of the use of the replacement property is in the Midwestern disaster areas. Us irs e file free Property in the Kansas disaster area. Us irs e file free   For property located in the Kansas disaster area that was destroyed, damaged, stolen, or condemned after May 3, 2007, as a result of the Kansas storms and tornadoes, the replacement period ends 5 years after the close of the first tax year in which any part of your gain is realized. Us irs e file free This 5-year replacement period applies only if substantially all of the use of the replacement property is in the Kansas disaster area. Us irs e file free Property in the Hurricane Katrina disaster area. Us irs e file free   For property located in the Hurricane Katrina disaster area that was destroyed, damaged, stolen, or condemned after August 24, 2005, as a result of Hurricane Katrina, the replacement period ends 5 years after the close of the first tax year in which any part of your gain is realized. Us irs e file free This 5-year replacement period applies only if substantially all of the use of the replacement property is in the Hurricane Katrina disaster area. Us irs e file free Weather-related sales of livestock in an area eligible for federal assistance. Us irs e file free   For the sale or exchange of livestock due to drought, flood, or other weather-related conditions in an area eligible for federal assistance, the replacement period ends 4 years after the close of the first tax year in which you realize any part of your gain from the sale or exchange. Us irs e file free The IRS may extend the replacement period on a regional basis if the weather-related conditions continue for longer than 3 years. Us irs e file free   For information on extensions of the replacement period because of persistent drought, see Notice 2006-82, 2006-39 I. Us irs e file free R. Us irs e file free B. Us irs e file free 529, available at  www. Us irs e file free irs. Us irs e file free gov/irb/2006-39_IRB/ar11. Us irs e file free html. Us irs e file free For a list of counties for which exceptional, extreme, or severe drought was reported during the 12 months ending August 31, 2013, see Notice 2013-62, available at IRS. Us irs e file free gov. Us irs e file free Condemnation. Us irs e file free   The replacement period for a condemnation begins on the earlier of the following dates. Us irs e file free The date on which you disposed of the condemned property. Us irs e file free The date on which the threat of condemnation began. Us irs e file free The replacement period generally ends 2 years after the close of the first tax year in which any part of the gain on the condemnation is realized. Us irs e file free But see Main home in disaster area , Property in the Midwestern disaster areas , Property in the Kansas disaster area , and Property in the Hurricane Katrina disaster area , earlier, for exceptions. Us irs e file free Business or investment real property. Us irs e file free   If real property held for use in a trade or business or for investment (not including property held primarily for sale) is condemned, the replacement period ends 3 years after the close of the first tax year in which any part of the gain on the condemnation is realized. Us irs e file free Extension. Us irs e file free   You can apply for an extension of the replacement period. Us irs e file free Send your written application to the Internal Revenue Service Center where you file your tax return. Us irs e file free See your tax return instructions for the address. Us irs e file free Include all the details about your need for an extension. Us irs e file free Make your application before the end of the replacement period. Us irs e file free However, you can file an application within a reasonable time after the replacement period ends if you can show a good reason for the delay. Us irs e file free You will get an extension of the replacement period if you can show reasonable cause for not making the replacement within the regular period. Us irs e file free How To Postpone Gain You postpone reporting your gain by reporting your choice on your tax return for the year you have the gain. Us irs e file free You have the gain in the year you receive insurance proceeds or other reimbursements that result in a gain. Us irs e file free Required statement. Us irs e file free   You should attach a statement to your return for the year you have the gain. Us irs e file free This statement should include all the following information. Us irs e file free The date and details of the casualty, theft, or other involuntary conversion. Us irs e file free The insurance or other reimbursement you received. Us irs e file free How you figured the gain. Us irs e file free Replacement property acquired before return filed. Us irs e file free   If you acquire replacement property before you file your return for the year you have the gain, your statement should also include detailed information about all the following items. Us irs e file free The replacement property. Us irs e file free The postponed gain. Us irs e file free The basis adjustment that reflects the postponed gain. Us irs e file free Any gain you are reporting as income. Us irs e file free Replacement property acquired after return filed. Us irs e file free   If you intend to buy replacement property after you file your return for the year you realize gain, your statement should also say that you are choosing to replace the property within the required replacement period. Us irs e file free   You should then attach another statement to your return for the year in which you buy the replacement property. Us irs e file free This statement should contain detailed information on the replacement property. Us irs e file free If you acquire part of your replacement property in one year and part in another year, you must attach a statement to each year's return. Us irs e file free Include in the statement detailed information on the replacement property bought in that year. Us irs e file free Reporting weather-related sales of livestock. Us irs e file free   If you choose to postpone reporting the gain on weather-related sales or exchanges of livestock, show all the following information on a statement attached to your return for the tax year in which you first realize any of the gain. Us irs e file free Evidence of the weather-related conditions that forced the sale or exchange of the livestock. Us irs e file free The gain realized on the sale or exchange. Us irs e file free The number and kind of livestock sold or exchanged. Us irs e file free The number of livestock of each kind you would have sold or exchanged under your usual business practice. Us irs e file free   Show all the following information and the preceding information on the return for the year in which you replace the livestock. Us irs e file free The dates you bought the replacement property. Us irs e file free The cost of the replacement property. Us irs e file free Description of the replacement property (for example, the number and kind of the replacement livestock). Us irs e file free Amended return. Us irs e file free   You must file an amended return (Form 1040X) for the tax year of the gain in either of the following situations. Us irs e file free You do not acquire replacement property within the replacement period, plus extensions. Us irs e file free On this amended return, you must report the gain and pay any additional tax due. Us irs e file free You acquire replacement property within the required replacement period, plus extensions, but at a cost less than the amount you receive from the casualty, theft, or other involuntary conversion. Us irs e file free On this amended return, you must report the part of the gain that cannot be postponed and pay any additional tax due. Us irs e file free Disaster Area Losses Special rules apply to federally declared disaster area losses. Us irs e file free A federally declared disaster is a disaster that occurred in an area declared by the President to be eligible for federal assistance under the Robert T. Us irs e file free Stafford Disaster Relief and Emergency Assistance Act. Us irs e file free It includes a major disaster or emergency declaration under the act. Us irs e file free A list of the areas warranting public or individual assistance (or both) under the Act is available at the Federal Emergency Management Agency (FEMA) web site at www. Us irs e file free fema. Us irs e file free gov. Us irs e file free This part discusses the special rules for when to deduct a disaster area loss and what tax deadlines may be postponed. Us irs e file free For other special rules, see Disaster Area Losses in Publication 547. Us irs e file free When to deduct the loss. Us irs e file free   You generally must deduct a casualty loss in the year it occurred. Us irs e file free However, if you have a deductible loss from a disaster that occurred in an area warranting public or individual assistance (or both), you can choose to deduct that loss on your return or amended return for the tax year immediately preceding the tax year in which the disaster happened. Us irs e file free If you make this choice, the loss is treated as having occurred in the preceding year. Us irs e file free    Claiming a qualifying disaster loss on the previous year's return may result in a lower tax for that year, often producing or increasing a cash refund. Us irs e file free   You must make the choice to take your casualty loss for the disaster in the preceding year by the later of the following dates. Us irs e file free The due date (without extensions) for filing your tax return for the tax year in which the disaster actually occurred. Us irs e file free The due date (with extensions) for the return for the preceding tax year. Us irs e file free Federal disaster relief grants. Us irs e file free   Do not include post-disaster relief grants received under the Robert T. Us irs e file free Stafford Disaster Relief and Emergency Assistance Act in your income if the grant payments are made to help you meet necessary expenses or serious needs for medical, dental, housing, personal property, transportation, or funeral expenses. Us irs e file free Do not deduct casualty losses or medical expenses to the extent they are specifically reimbursed by these disaster relief grants. Us irs e file free If the casualty loss was specifically reimbursed by the grant and you received the grant after the year in which you deducted the casualty loss, see Reimbursement received after deducting loss , earlier. Us irs e file free Unemployment assistance payments under the Act are taxable unemployment compensation. Us irs e file free Qualified disaster relief payments. Us irs e file free   Qualified disaster relief payments are not included in the income of individuals to the extent any expenses compensated by these payments are not otherwise compensated for by insurance or other reimbursement. Us irs e file free These payments are not subject to income tax, self-employment tax, or employment taxes (social security, Medicare, and federal unemployment taxes). Us irs e file free No withholding applies to these payments. Us irs e file free   Qualified disaster relief payments include payments you receive (regardless of the source) for the following expenses. Us irs e file free Reasonable and necessary personal, family, living, or funeral expenses incurred as a result of a federally declared disaster. Us irs e file free Reasonable and necessary expenses incurred for the repair or rehabilitation of a personal residence due to a federally declared disaster. Us irs e file free (A personal residence can be a rented residence or one you own. Us irs e file free ) Reasonable and necessary expenses incurred for the repair or replacement of the contents of a personal residence due to a federally declared disaster. Us irs e file free   Qualified disaster relief payments include amounts paid by a federal, state, or local government in connection with a federally declared disaster to individuals affected by the disaster. Us irs e file free    Qualified disaster relief payments do not include: Payments for expenses otherwise paid for by insurance or other reimbursements, or Income replacement payments, such as payments of lost wages, lost business income, or unemployment compensation. Us irs e file free Qualified disaster mitigation payments. Us irs e file free   Qualified disaster mitigation payments made under the Robert T. Us irs e file free Stafford Disaster Relief and Emergency Assistance Act or the National Flood Insurance Act (as in effect on April 15, 2005) are not included in income. Us irs e file free These are payments you, as a property owner, receive to reduce the risk of future damage to your property. Us irs e file free You cannot increase your basis in property, or take a deduction or credit, for expenditures made with respect to those payments. Us irs e file free Sale of property under hazard mitigation program. Us irs e file free   Generally, if you sell or otherwise transfer property, you must recognize any gain or loss for tax purposes unless the property is your main home. Us irs e file free You report the gain or deduct the loss on your tax return for the year you realize it. Us irs e file free (You cannot deduct a loss on personal-use property unless the loss resulted from a casualty, as discussed earlier. Us irs e file free ) However, if you sell or otherwise transfer property to the Federal Government, a state or local government, or an Indian tribal government under a hazard mitigation program, you can choose to postpone reporting the gain if you buy qualifying replacement property within a certain period of time. Us irs e file free See Postponing Gain , earlier, for the rules that apply. Us irs e file free Other federal assistance programs. Us irs e file free    For more information about other federal assistance programs, see Crop Insurance and Crop Disaster Payments and Feed Assistance and Payments in chapter 3 earlier. Us irs e file free Postponed tax deadlines. Us irs e file free   The IRS may postpone for up to 1 year certain tax deadlines of taxpayers who are affected by a federally declared disaster. Us irs e file free The tax deadlines the IRS may postpone include those for filing income, excise, and employment tax returns, paying income, excise, and employment taxes, and making contributions to a traditional IRA or Roth IRA. Us irs e file free   If any tax deadline is postponed, the IRS will publicize the postponement in your area and publish a news release, revenue ruling, revenue procedure, notice, announcement, or other guidance in the Internal Revenue Bulletin (IRB). Us irs e file free Go to http://www. Us irs e file free irs. Us irs e file free gov/uac/Tax-Relief-in-Disaster-Situations to find out if a tax deadline has been postponed for your area. Us irs e file free Who is eligible. Us irs e file free   If the IRS postpones a tax deadline, the following taxpayers are eligible for the postponement. Us irs e file free Any individual whose main home is located in a covered disaster area (defined next). Us irs e file free Any business entity or sole proprietor whose principal place of business is located in a covered disaster area. Us irs e file free Any individual who is a relief worker affiliated with a recognized government or philanthropic organization and who is assisting in a covered disaster area. Us irs e file free Any individual, business entity, or sole proprietorship whose records are needed to meet a postponed tax deadline, provided those records are maintained in a covered disaster area. Us irs e file free The main home or principal place of business does not have to be located in the covered disaster area. Us irs e file free Any estate or trust that has tax records necessary to meet a postponed tax deadline, provided those records are maintained in a covered disaster area. Us irs e file free The spouse on a joint return with a taxpayer who is eligible for postponements. Us irs e file free Any individual, business entity, or sole proprietorship not located in a covered disaster area, but whose necessary records to meet a postponed tax deadline are located in the covered disaster area. Us irs e file free Any individual visiting the covered disaster area who was killed or injured as a result of the disaster. Us irs e file free Any other person determined by the IRS to be affected by a federally declared disaster. Us irs e file free Covered disaster area. Us irs e file free   This is an area of a federally declared disaster area in which the IRS has decided to postpone tax deadlines for up to 1 year. Us irs e file free Abatement of interest and penalties. Us irs e file free   The IRS may abate the interest and penalties on the underpaid income tax for the length of any postponement of tax deadlines. Us irs e file free Reporting Gains and Losses You will have to file one or more of the following forms to report your gains or losses from involuntary conversions. Us irs e file free Form 4684. Us irs e file free   Use this form to report your gains and losses from casualties and thefts. Us irs e file free Form 4797. Us irs e file free   Use this form to report involuntary conversions (other than from casualty or theft) of property used in your trade or business and capital assets held in connection with a trade or business or a transaction entered into for profit. Us irs e file free Also use this form if you have a gain from a casualty or theft on trade, business or income-producing property held for more than 1 year and you have to recapture some or all of your gain as ordinary income. Us irs e file free Form 8949. Us irs e file free   Use this form to report gain from an involuntary conversion (other than from casualty or theft) of personal-use property. Us irs e file free Schedule A (Form 1040). Us irs e file free   Use this form to deduct your losses from casualties and thefts of personal-use property and income-producing property, that you reported on Form 4684. Us irs e file free Schedule D (Form 1040). Us irs e file free   Use this form to carry over the following gains. Us irs e file free Net gain shown on Form 4797 from an involuntary conversion of business property held for more than 1 year. Us irs e file free Net gain shown on Form 4684 from the casualty or theft of personal-use property. Us irs e file free    Also use this form to figure the overall gain or loss from transactions reported on Form 8949. Us irs e file free Schedule F (Form 1040). Us irs e file free   Use this form to deduct your losses from casualty or theft of livestock or produce bought for sale under Other expenses in Part II, line 32, if you use the cash method of accounting and have not otherwise deducted these losses. 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New Two-Year Period to Adopt Restated Pre-approved DC Plans

The IRS expects to issue most opinion and advisory letters for the latest round of pre-approved defined contribution plans on March 31, 2014. Employers using pre-approved defined contribution plan documents must adopt plan documents restated for the 2010 Cumulative List by April 30, 2016 (Announcement 2014-16).

Determination letters for pre-approved defined contribution plans

Starting May 1, 2014, and ending April 30, 2016, employers can submit applications for individual determination letters for pre-approved defined contribution plans.

An employer who adopts a master & prototype plan (standardized or non-standardized) may not apply for its own determination letter on Form 5307, Application for Determination for Adopters of Master or Prototype or Volume Submitter Plans (instructions) – instead, the employer should rely on the letter issued to the plan sponsor.

However, an adopting employer who made limited modifications to its volume submitter plan may apply for a determination letter on Form 5307. If the modifications are extensive, causing the plan to be treated as an individually designed plan, the employer must instead file Form 5300, Application for Determination for Employee Benefit Plan.

See Revenue Procedure 2014-6, sections 8 and 9 for more information on determination letter applications for pre-approved plans.

Additional resources

 

Page Last Reviewed or Updated: 27-Mar-2014

The Us Irs E File Free

Us irs e file free Publication 179 - Additional Material Table of Contents 15. Us irs e file free Reglas especiales para varias clases de servicios y de pagos Cómo obtener ayuda relacionada con las contribuciones 15. Us irs e file free Reglas especiales para varias clases de servicios y de pagos Reglas especiales para varias clases de servicios y de pagos La tabla que aparece a continuación trata en forma resumida las clases especiales de trabajo y de pagos sujetos a la contribución. Us irs e file free Si usted necesita información más detallada, visite la oficina del Servicio Federal de Rentas Internas en Guaynabo, vea los reglamentos relacionados con las contribuciones sobre la nómina o llame al 1-800-829-4933. Us irs e file free Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Trabajo agrícola:     1. Us irs e file free Servicios en fincas relacionados con el cultivo del suelo; cultivo o recolección de cualquier producto agrícola u hortícola; crianza, etc. Us irs e file free , de ganado, aves, abejas, animales de piel o silvestres. Us irs e file free Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Us irs e file free Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free 2. Us irs e file free Servicios prestados al dueño o explotador de una finca, si la mayor parte se prestan en la finca, para la administración, mantenimiento, etc. Us irs e file free , de la finca, de los aperos o del equipo o en el salvamento de madera y limpieza de leña y demás escombros dejados por un huracán. Us irs e file free Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Us irs e file free Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free 3. Us irs e file free Servicios relacionados con el cultivo y la recolección de determinados productos resinosos (aguarrás y demás productos oleorresinosos). Us irs e file free Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Us irs e file free Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free 4. Us irs e file free Servicios relacionados con el desmote de algodón. Us irs e file free Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Us irs e file free Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free 5. Us irs e file free Servicios prestados fuera de la finca relacionados con la incubación de aves de corral. Us irs e file free Tributable (como labor no agrícola). Us irs e file free * Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free 6. Us irs e file free Servicios relacionados con la operación o conservación de canales, embalses o vías fluviales y utilizados exclusivamente en la provisión o almacenaje de agua para fines agrícolas que no se mantienen ni se operan con fines de lucro. Us irs e file free Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Us irs e file free Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free 7. Us irs e file free Servicios en la elaboración, empaque, entrega, etc. Us irs e file free , de cualquier producto agrícola u hortícola en su estado no manufacturado:     a. Us irs e file free Empleado por el explotador de la finca. Us irs e file free Si el explotador produjo más de la mitad del producto elaborado, será tributable si responde al requisito de los $150 o $2,500 (vea el apartado 7); de lo contrario, será tributable como labor no agrícola. Us irs e file free * Tributable si el patrono produjo más de la mitad de los productos elaborados y, además, responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free De lo contrario, será tributable como labor no agrícola. Us irs e file free b. Us irs e file free Empleado por un grupo no incorporado  de explotadores de fincas (no más de 20). Us irs e file free Si el grupo produjo todos los productos elaborados, será tributable si responde al requisito de los $150 o $2,500 (vea el apartado 7); de lo contrario, será tributable como labor no agrícola. Us irs e file free * Tributable si el patrono produjo más de la mitad de los productos elaborados y, además, responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free De lo contrario, será tributable como labor no agrícola. Us irs e file free c. Us irs e file free Empleado por otro grupo de operadores  de una finca (incluyendo organizaciones  cooperativas y tratantes comerciales). Us irs e file free Tributable (como labor no agrícola). Us irs e file free * Tributable si el patrono produjo más de la mitad de los productos elaborados y, además, responde a cualesquiera de los dos requisitos del apartado 10. Us irs e file free De lo contrario, será tributable como labor no agrícola. Us irs e file free 8. Us irs e file free Servicios en el manejo o la elaboración de artículos después de su entrega al mercado final o en el enlatado o congelación comercial. Us irs e file free Tributable (como labor no agrícola). Us irs e file free * Tributable (como labor no agrícola). Us irs e file free *Los salarios recibidos por servicios que no se consideran trabajo agrícola se declaran en el Formulario 941-PR o Formulario 944(SP). Us irs e file free Otras exenciones pueden corresponder. Us irs e file free Vea los apartados 5 y 12 . Us irs e file free Reglas especiales para varias clases de servicios y de pagos Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Extranjeros:     1. Us irs e file free Residentes     a. Us irs e file free Servicios prestados en los EE. Us irs e file free UU. Us irs e file free ** Lo mismo que un ciudadano de los EE. Us irs e file free UU. Us irs e file free ; exenta, si alguna porción de los servicios prestados como miembro de una tripulación de un avión o barco extranjero se presta fuera de los EE. Us irs e file free UU. Us irs e file free Lo mismo que un ciudadano de los EE. Us irs e file free UU. Us irs e file free b. Us irs e file free Servicios prestados fuera de los EE. Us irs e file free UU. Us irs e file free ** Tributable, si (a) trabaja para un patrono estadounidense o (b) existe un acuerdo de un patrono estadounidense con el IRS que abarca tanto a los ciudadanos estadounidenses como a los extranjeros residentes que trabajan para sus empresas extranjeras afiliadas o subsidiarias de un patrono estadounidense. Us irs e file free Exenta, a menos que los servicios se presten en un barco o avión estadounidense y de acuerdo con un contrato hecho en los EE. Us irs e file free UU. Us irs e file free o que el extranjero trabaje en tal barco o avión y el mismo toque en un puerto estadounidense. Us irs e file free 2. Us irs e file free No residentes Vea la Publicación 15-A, en inglés. Us irs e file free Vea la Publicación 15-A, en inglés. Us irs e file free a. Us irs e file free Trabajadores que han sido admitidos legalmente al país de manera temporera conforme a la sección 101(a)(15)(H)(ii)(a) de la Ley de Inmigración y Nacionalidad para llevar a cabo trabajo agrícola (visa H-2A). Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free   3. Us irs e file free Extranjero no residente trabajando en barcos o aviones estadounidenses. Us irs e file free Tributable si el contrato fue llevado a cabo en los Estados Unidos o el trabajador está empleado en el barco o avión cuando éste toca un puerto estadounidense. Us irs e file free Salarios de un trabajador fallecido     1. Us irs e file free Salarios de un trabajador fallecido pagados en el año natural de la muerte de éste a su beneficiario o caudal hereditario (relicto). Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free 2. Us irs e file free Salarios de un trabajador fallecido pagados después del final del año de la muerte de éste a su beneficiario o caudal hereditario (relicto). Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free Compensación pagada a empleados por incapacidad:     Compensación pagada por incapacidad a un empleado en el año que sigue al año en que dicho empleado adquirió el derecho a beneficios por incapacidad bajo la Ley del Seguro Social. Us irs e file free Exenta, si el empleado no prestó ningún servicio a su patrono durante el período cubierto por el pago. Us irs e file free Tributable. Us irs e file free Servicio doméstico en clubes universitarios, fraternidades y hermandades femeninas (sororities). Us irs e file free Exenta, si la remuneración se le paga a un estudiante regular. Us irs e file free Exenta también si el patrono está exento de la contribución federal sobre ingresos y la paga es menos de $100. Us irs e file free Tributable, si el total de los salarios pagados a todos los empleados domésticos en efectivo ascienden a $1,000 o más en cualquier trimestre natural del año actual o anterior. Us irs e file free Empleados emparentados:     1. Us irs e file free Hijo empleado por un padre (o por una sociedad de la cual cada socio es padre del hijo). Us irs e file free Exenta hasta los 18 años de edad. Us irs e file free Exenta hasta los 21 años de edad. Us irs e file free 2. Us irs e file free Hijo empleado por un padre para hacer trabajo doméstico o trabajo que no tenga relación con su ocupación o negocio. Us irs e file free Exenta hasta los 21 años de edad. Us irs e file free Exenta hasta los 21 años de edad. Us irs e file free 3. Us irs e file free Padre que presta servicios para un hijo. Us irs e file free Tributable, si presta servicios en la ocupación o negocio del hijo. Us irs e file free Para empleo doméstico en la residencia particular de un hijo, vea la Publicación 926, en inglés. Us irs e file free Exenta. Us irs e file free 4. Us irs e file free Cónyuge que presta servicios para el otro cónyuge. Us irs e file free Tributable, si presta servicios en la ocupación o negocio del otro cónyuge. Us irs e file free Exenta. Us irs e file free Los empleados federales:     1. Us irs e file free Miembros de las fuerzas armadas, voluntarios del Cuerpo de Paz, miembros de Jóvenes Adultos para la Conservación, miembros de los Cuerpos de Trabajo y miembros del Programa Nacional de Voluntarios Contra la Pobreza y líderes voluntarios. Us irs e file free Tributable. Us irs e file free Exenta. Us irs e file free 2. Us irs e file free Todos los demás. Us irs e file free Tributable, si optó por FERS o si volvió a trabajar para el gobierno federal después de haber estado sin trabajar para éste durante más de un año (a no ser que la interrupción haya sido por servicio militar o de la reserva). Us irs e file free Para otros empleados, por lo general, está sujeta a la contribución al Medicare. Us irs e file free Exenta, a menos que el trabajador sea un marino mercante que presta servicios en, o relacionados con, un barco estadounidense que es propiedad de, o alquilado por, los Estados Unidos y operado por un agente general del Secretario de Comercio. Us irs e file free **Los beneficios proporcionados de acuerdo con los planes llamados “planes cafetería” podrían reunir los requisitos para ser excluidos de los salarios para propósitos de la contribución al Seguro Social, al seguro Medicare y al fondo federal para el desempleo. Us irs e file free Reglas especiales para varias clases de servicios y de pagos Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Empleo relacionado con la pesca de:     1. Us irs e file free Salmón o mero. Us irs e file free Tributable a menos que la (3) sea aplicable. Us irs e file free Tributable a menos que la (3) sea aplicable. Us irs e file free 2. Us irs e file free Otra clase de pescado y otra clase de vida acuática animal o vegetal. Us irs e file free Tributable a menos que la (3) sea aplicable. Us irs e file free Exenta, a menos que sea una embarcación de más de diez toneladas y la (3) no se aplique. Us irs e file free 3. Us irs e file free Un acuerdo con el dueño u operador de la embarcación mediante el cual la persona recibe una porción de la pesca de la embarcación (o dinero en efectivo de la venta del pescado). Us irs e file free Esta porción depende de la pesca de la embarcación. Us irs e file free En tales casos la tripulación suele tener menos de 10 personas. Us irs e file free Exenta, si cualquier remuneración en efectivo es:  (a) $100 o menos por viaje;  (b) Dependiente de la pesca mínima de la embarcación y  (c) Pagada únicamente por funciones adicionales (tales como maestro, ingeniero o cocinero por los cuales la remuneración suele ser pagada en efectivo). Us irs e file free Exenta, si cualquier remuneración en efectivo es: (a) $100 o menos por viaje;  (b) Dependiente de la pesca mínima de la embarcación y  (c) Pagada únicamente por funciones adicionales (tales como maestro, ingeniero o cocinero por los cuales la remuneración suele ser pagada en efectivo). Us irs e file free Beneficios marginales. Us irs e file free Tributable por la cantidad de beneficio recibida por el empleado. Us irs e file free Esta cantidad se obtiene restando del valor en el mercado del beneficio marginal la cantidad pagada por el empleado y toda cantidad exenta por ley. Us irs e file free Sin embargo, en ciertos casos corresponden reglas especiales para valorar los beneficios marginales. Us irs e file free *** Gobiernos extranjeros y organizaciones internacionales. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free Servicio en el extranjero por ciudadanos de los Estados Unidos:     Como empleado del Gobierno Federal de los EE. Us irs e file free UU. Us irs e file free Tal como los empleados federales que trabajan en los EE. Us irs e file free UU. Us irs e file free Exenta. Us irs e file free (Vea, además, Los empleados federales, anteriormente). Us irs e file free Por empresas extranjeras asociadas o subsidiarias con patronos de los EE. Us irs e file free UU. Us irs e file free y otros patronos privados. Us irs e file free Exenta, a menos que (a) un patrono estadounidense, mediante acuerdo con el IRS, conceda la protección del Seguro Social a ciudadanos estadounidenses empleados por sus empresas extranjeras afiliadas o subsidiarias o (b) sea un ciudadano de los EE. Us irs e file free UU. Us irs e file free que trabaja para un patrono estadounidense. Us irs e file free Exenta, a menos que (a) el servicio se preste en un barco o avión y el trabajo se haga de acuerdo a un contrato en los EE. Us irs e file free UU. Us irs e file free o lo preste un empleado que trabaja en un barco cuando éste toca en un puerto de los EE. Us irs e file free UU. Us irs e file free o (b) un ciudadano de los EE. Us irs e file free UU. Us irs e file free que trabaja para un patrono estadounidense (que no esté en un país contiguo con el cual los EE. Us irs e file free UU. Us irs e file free tiene un acuerdo sobre cómo se trata la compensación por desempleo) o para un patrono en las Islas Vírgenes. Us irs e file free Empleados del gobierno (que no sea el gobierno federal). Us irs e file free Consulte al Servicio Federal de Rentas Internas en Puerto Rico. Us irs e file free Consulte al Servicio Federal de Rentas Internas en Puerto Rico. Us irs e file free Trabajo industrial hecho en el hogar:     1. Us irs e file free Por empleados bajo la ley común. Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free 2. Us irs e file free Por empleados sujetos a las disposiciones estatutarias (vea el apartado 2 ). Us irs e file free Tributable, si se les pagan $100 o más en  efectivo en un año. Us irs e file free Exenta. Us irs e file free Médicos internos empleados en hospitales. Us irs e file free Tributable. Us irs e file free Exenta. Us irs e file free Trabajadores domésticos:     Servicio doméstico en la residencia privada del patrono. Us irs e file free Además, vea Servicio doméstico en clubes universitarios, fraternidades y hermandades femeninas (sororities), anteriormente. Us irs e file free Tributable si se hacen los pagos en efectivo de $1,900 o más durante el año 2014. Us irs e file free Es exenta si los servicios son prestados por un individuo menor de 18 años de edad durante cualquier porción del año natural y los servicios no son la ocupación principal del empleado. Us irs e file free Tributable, si el total de los salarios pagados en efectivo ascienden a $1,000 o más (para todos sus empleados domésticos) en cualquier trimestre natural del año actual o anterior. Us irs e file free Agentes de seguros o solicitadores:     1. Us irs e file free Vendedores de seguros a tiempo completo. Us irs e file free Tributable. Us irs e file free Exenta, si no es un empleado de acuerdo a la ley común y si es remunerado únicamente por comisiones. Us irs e file free 2. Us irs e file free Otros vendedores de seguros de vida, accidente, etc. Us irs e file free Tributable, solamente si es un empleado de acuerdo a la ley común. Us irs e file free Exenta, si no es un empleado de acuerdo a la ley común y si es remunerado únicamente por comisiones. Us irs e file free Interés no realizado sobre préstamos por debajo de la tasa correspondiente del mercado relacionados con la compensación y considerados descuento de emisión original. Us irs e file free (Vea la sección 7872 del Código Federal de Rentas Internas y los reglamentos correspondientes para más detalles). Us irs e file free Vea la Publicación 15-A, en inglés. Us irs e file free Vea la Publicación 15-A, en inglés. Us irs e file free ***Los beneficios proporcionados de acuerdo con los planes llamados “planes cafetería” podrían reunir los requisitos para ser excluidos de los salarios para propósitos de la contribución al Seguro Social, al seguro Medicare y al fondo federal para el desempleo. Us irs e file free Reglas especiales para varias clases de servicios y de pagos Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Comidas y alojamiento, incluyendo los que se le proporcionan a los empleados a un precio reducido. Us irs e file free (En el caso de empleados domésticos, agrícolas y servicios que no se prestan en el curso normal de un negocio o profesión, vea Pagos en especie, más adelante). Us irs e file free 1. Us irs e file free Comidas: Tributables, excepto si son proporcionadas por el patrono, para la conveniencia de éste, en el negocio del patrono. Us irs e file free Para información acerca de la exclusión de beneficios marginales mínimos, vea la sección 132(e) del Código. Us irs e file free  2. Us irs e file free Alojamiento: Tributable, excepto si es proporcionado por el patrono, para la conveniencia de éste, en el negocio del patrono y como requisito para mantener el empleo. Us irs e file free 1. Us irs e file free Comidas: Tributables, excepto si son proporcionadas por el patrono, para la conveniencia de éste, en el negocio del patrono. Us irs e file free Para información acerca de la exclusión de beneficios marginales mínimos, vea la sección 132(e) del Código. Us irs e file free  2. Us irs e file free Alojamiento: Tributable, excepto si es proporcionado por el patrono, para la conveniencia de éste, en el negocio del patrono y como requisito para mantener el empleo. Us irs e file free Ministros de iglesias que ejercen como tal. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free Reembolsos de gastos de mudanza:     1. Us irs e file free Gastos calificados. Us irs e file free Exenta, a menos que usted tenga conocimiento de que el empleado dedujo los gastos en un año anterior. Us irs e file free Exenta, a menos que usted tenga conocimiento de que el empleado dedujo los gastos en un año anterior. Us irs e file free 2. Us irs e file free Gastos no calificados. Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free Pagos en especie:     a. Us irs e file free A trabajadores domésticos o agrícolas y a trabajadores que presten servicios no relacionados con el oficio o negocio del patrono. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free b. Us irs e file free A ciertos vendedores comisionistas al detal a los cuales se les paga únicamente en efectivo a base de comisión. Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free Organizaciones sin fines de lucro:     1. Us irs e file free Organizaciones religiosas, docentes, caritativas, etc. Us irs e file free , del tipo descrito en la sec. Us irs e file free 501(c)(3) y exentas de la contribución federal sobre ingresos bajo la sec. Us irs e file free 501(a) del Código Federal de Rentas Internas. Us irs e file free Tributable si la remuneración durante el año asciende a $100 o más. Us irs e file free Las iglesias y ciertas organizaciones calificadas que están dirigidas por iglesias que por motivos religiosos se oponen al Seguro Social, pueden solicitar que se les exima del pago de la contribución patronal al Seguro Social y al Medicare. Us irs e file free La solicitud deberá hacerla en el Formulario 8274, Certification by Churches and Qualified Church-Controlled Organizations Electing Exemption From Employer Social Security and Medicare Taxes, en inglés. Us irs e file free Exenta. Us irs e file free 2. Us irs e file free Corporaciones establecidas por el Congreso de acuerdo con la Sec. Us irs e file free 501(c) del Código Federal de Rentas Internas. Us irs e file free Tributable si el empleado gana $100 o más en un año, a menos que sus servicios estén exentos de acuerdo con la sec. Us irs e file free 3121(b)(5) ó (6) del Código Federal de Rentas Internas. Us irs e file free Tributable si el empleado gana $50 o más en un año, a menos que sus servicios estén exentos de acuerdo con la sec. Us irs e file free 3306(c)(6) del Código Federal de Rentas Internas. Us irs e file free 3. Us irs e file free Otras organizaciones exentas bajo la sec. Us irs e file free 501(a) que no sean un plan de pensiones, de participación en los beneficios, o un plan de bonificación en acciones descrito en la sec. Us irs e file free 401(a) o bajo la Sec. Us irs e file free 521 del Código Federal de Rentas Internas. Us irs e file free Tributable si el empleado gana $100 o más en un año. Us irs e file free Tributable si el empleado gana $50 o más en un trimestre. Us irs e file free Socios colectivos Exentos. Us irs e file free Exentos. Us irs e file free Pacientes empleados en hospitales. Us irs e file free Tributable (exenta en el caso de los hospitales estatales o locales). Us irs e file free Exenta. Us irs e file free Órdenes religiosas: Miembros que, de acuerdo con las instrucciones que han recibido de la orden, prestan servicios:     1. Us irs e file free En nombre de la orden, de la iglesia dirigente o de una institución asociada. Us irs e file free Exenta, a menos que el miembro haya hecho un voto de pobreza y la orden religiosa, o una subdivisión independiente de ésta, opte irrevocablemente por la protección del seguro para todos su miembros activos. Us irs e file free Exenta. Us irs e file free 2. Us irs e file free En nombre de cualquier organización que no sea una de las que se han mencionado en punto (1), anteriormente. Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free Reglas especiales para varias clases de servicios y de pagos Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Planes de retiro y de pensión o anualidad:     1. Us irs e file free Aportaciones efectuadas por el patrono a un plan calificado. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free 2. Us irs e file free Aportaciones electivas del empleado y pagos diferidos a un plan que contiene un arreglo calificado de efectivo o remuneración diferida (por ejemplo, un plan 401(k)). Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free 3. Us irs e file free Aportaciones efectuadas por el empleado a ciertas cuentas de reducción en el salario (SIMPLE). Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free 4. Us irs e file free Aportaciones efectuadas por el patrono a ciertas cuentas personales de retiro de acuerdo a un plan simplificado de pensión del empleado (SEP). Us irs e file free Exenta, excepto por cantidades aportadas mediante un acuerdo de reducción en el salario (SEP). Us irs e file free Exenta, excepto por cantidades aportadas mediante un acuerdo de reducción en el salario (SEP). Us irs e file free 5. Us irs e file free Aportaciones efectuadas por el patrono a ciertos contratos de pagar anualidades descritos en la sección 403(b) del Código Federal de Rentas Internas. Us irs e file free Tributable, si se paga mediante un acuerdo de reducción en el salario (por escrito o de otra manera). Us irs e file free Tributable, si se paga mediante un acuerdo de reducción en el salario (por escrito o de otra manera). Us irs e file free 6. Us irs e file free Reparticiones de planes calificados de retiro y de pensión y de ciertas anualidades descritas en la sección 403(b) del Código Federal de Rentas Internas. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free       Vendedores: 1. Us irs e file free Empleados conforme al derecho común. Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free 2. Us irs e file free Empleados estatutarios (referidos en el apartado 2 ). Us irs e file free Tributable. Us irs e file free Tributable excepto para los agentes de seguro que trabajan a tiempo completo. Us irs e file free 3. Us irs e file free Individuos a quien la ley no los clasifica como empleados (agentes de bienes raíces y vendedores directos). Us irs e file free Exentos. Us irs e file free Se tratan como trabajadores por cuenta propia, si todos los pagos están directamente relacionados con las ventas o la producción de otro tipo y servicios prestados como empleados independientes según acordado en el contrato escrito. Us irs e file free Los vendedores directos tienen que estar en el negocio de venta de otros productos de consumo. Us irs e file free El negocio de venta no puede estar localizado en un establecimiento permanente. Us irs e file free Indemnización por separación del empleo. Us irs e file free Tributable. Us irs e file free Tributable. Us irs e file free Pagos por concepto de enfermedad o lesiones:     1. Us irs e file free Bajo la ley de compensación a trabajadores. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free 2. Us irs e file free Bajo ciertos planes patronales. Us irs e file free Exenta después que transcurran 6 meses naturales, contados éstos a partir del primer mes que sigue al último mes en que el empleado trabajó para el patrono. Us irs e file free Exenta después que transcurran 6 meses naturales, contados éstos a partir del primer mes que sigue al último mes en que el empleado trabajó para el patrono. Us irs e file free 3. Us irs e file free Bajo planes que no son patronales. Us irs e file free Exenta después que transcurran 6 meses naturales, contados éstos a partir del primer mes que sigue al último mes en que el empleado trabajó para el patrono. Us irs e file free Exenta después que transcurran 6 meses naturales, contados éstos a partir del primer mes que sigue al último mes en que el empleado trabajó para el patrono. Us irs e file free Estudiantes:     1. Us irs e file free Estudiante matriculado y que asiste regularmente a clases (con dedicación parcial, o su equivalente, al menos, mientras se dedica a un plan de estudios) y que presta servicios para una:     a. Us irs e file free Escuela privada, institución de enseñanza superior o universidad. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free b. Us irs e file free Organización auxiliar sin fines de lucro operada y controlada por una escuela, institución de enseñanza superior o universidad. Us irs e file free Exenta, a menos que los servicios estén amparados conforme a un acuerdo hecho bajo la sección 218 de la Ley del Seguro Social. Us irs e file free Exenta. Us irs e file free c. Us irs e file free Escuela pública, institución de enseñanza superior o universidad. Us irs e file free Exenta, a menos que los servicios estén amparados conforme a un acuerdo hecho bajo la sección 218 de la Ley del Seguro Social. Us irs e file free Exenta. Us irs e file free 2. Us irs e file free Estudiante con dedicación completa que presta servicios a cambio de recibir crédito académico, así combinando su instrucción académica con su experiencia en el trabajo como parte esencial de su programa de estudios. Us irs e file free Tributable. Us irs e file free Exenta, a menos que se haya establecido el programa para, o en nombre de, un patrono o un grupo de patronos. Us irs e file free 3. Us irs e file free Estudiante para enfermero que presta servicios de tiempo parcial por una paga insignificante en un hospital sólo para cumplir con los requisitos de su adiestramiento. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free 4. Us irs e file free Estudiante empleado por un campamento organizado. Us irs e file free Tributable. Us irs e file free Exenta. Us irs e file free Beneficios suplementarios de la compensación por desempleo Exentos bajo ciertas condiciones, vea la Publicación 15-A, en inglés. Us irs e file free Propinas:     1. Us irs e file free Si ascienden a $20 o más en un mes. Us irs e file free Tributable. Us irs e file free Tributable por el total de propinas declaradas por escrito al patrono. Us irs e file free 2. Us irs e file free Si ascienden a menos de $20 en un mes. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free Compensación del seguro obrero. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free Repartidores de periódicos menores de 18 años de edad que efectúan entrega directamente al consumidor. Us irs e file free Exenta. Us irs e file free Exenta. Us irs e file free   Cómo obtener ayuda relacionada con las contribuciones Ya sea si necesita ayuda con un asunto contributivo, o si necesita obtener gratuitamente un formulario o publicación, obtenga la ayuda que necesite de la manera que le sea conveniente a usted. Us irs e file free Acceda a la Internet, utilice un teléfono inteligente (smartphone), llame o visite a una oficina del IRS cerca de usted. Us irs e file free Ayuda relacionada con las contribuciones. Us irs e file free   Si necesita información relacionada con las contribuciones sobre la nómina, puede llamar al 1-800-829-4933. Us irs e file free Si es usuario de equipo TDD/TTY para personas que son sordas, tienen dificultades auditivas o tienen impedimentos del habla, puede llamar al 1-800-829-4059. Us irs e file free Patronos en Puerto Rico. Us irs e file free   Si es patrono en Puerto Rico, entonces utiliza el Formulario 499R-2/W-2PR para informarle a sus empleados sobre los ingresos devengados y las contribuciones estatales y federales retenidas. Us irs e file free Puede obtener este formulario en el Departamento de Hacienda, llamando al (787) 722-0216. Us irs e file free Si desea más información sobre este formulario, acceda al sitio web www. Us irs e file free hacienda. Us irs e file free gobierno. Us irs e file free pr. Us irs e file free Internet. Us irs e file free    IRS. Us irs e file free gov y IRS2Go están listos cuando usted lo está las 24 horas del día, los 7 días de la semana. Us irs e file free Descargue la aplicación gratuita IRS2Go de la tienda de aplicaciones iTunes o Google Play. Us irs e file free Utilice la aplicación para verificar el estado de su reembolso, pedir transcripciones de su declaración de contribución o su cuenta tributaria, ver el canal del IRS en YouTube, obtener noticias relacionadas con el IRS tan pronto se difundan al público, suscribirse a noticias actualizadas relacionadas con la temporada de radicación de declaraciones o consejos contributivos diarios y seguir las noticias que el IRS publica en Twitter, en @IRSnews, para obtener las noticias sobre las contribuciones federales más recientes, incluyendo información acerca de cambios en la ley tributaria y programas importantes del IRS. Us irs e file free Utilice el Tax Trails (Caminos contributivos), disponible en inglés, que es uno de los temas contributivos que está disponible en IRS. Us irs e file free gov, el cual contiene información tributaria para personas físicas y negocios. Us irs e file free Además, también puede buscar el IRS Tax Map (Mapa contributivo del IRS), en inglés, el cual incluye un índice de temas contributivos para contribuyentes internacionales. Us irs e file free Puede utilizar el Mapa contributivo del IRS para buscar en las publicaciones y las instrucciones por tema o palabra clave. Us irs e file free El mapa contributivo del IRS une los formularios y publicaciones del IRS dentro de un recurso de búsqueda y provee un punto de acceso a información sobre la ley tributaria por tema. Us irs e file free Si busca en el Mapa contributivo del IRS, encontrará enlaces al material relacionado en las publicaciones, formularios e instrucciones, preguntas y respuestas y Temas Contributivos del IRS. Us irs e file free Lea temas contributivos que le proveerán información sobre las contribuciones patronales y otra información contributiva para los residentes de Puerto Rico. Us irs e file free Si desea ver estos temas, acceda a IRS. Us irs e file free gov/espanol y pulse sobre el enlace titulado “Temas Contributivos”. Us irs e file free Luego, busque la serie de temas número “900”, los cuales proveen información para residentes de Puerto Rico. Us irs e file free Visite la sección Understanding Your IRS Notice or Letter (Información sobre avisos del IRS) para recibir respuestas a preguntas sobre un aviso o carta que recibió del IRS. Us irs e file free Efectúe un pago utilizando una de las opciones seguras y convenientes de pago electrónico que están disponibles en IRS. Us irs e file free gov. Us irs e file free Si desea más información, seleccione la pestaña titulada Payment (Pago), desde la página principal IRS. Us irs e file free gov. Us irs e file free La información está disponible en inglés. Us irs e file free Solicite un PIN de Declaración Electrónica accediendo a IRS. Us irs e file free gov/espanol e ingresando las palabras claves “PIN de declaración electrónica” en la casilla Search (Buscar). Us irs e file free Descargue formularios, instrucciones y publicaciones, incluidas algunas versiones accesibles de los mismos para personas con discapacidades. Us irs e file free Localice el Centro de Ayuda al Contribuyente del IRS. Us irs e file free En la casilla Search (Buscar) escriba local offices, en inglés en IRS. Us irs e file free gov. Us irs e file free En IRS2Go, escoja la opción Contact Us (Comunicarse con nosotros) y luego local offices, en inglés. Us irs e file free Un empleado de esa oficina le puede contestar preguntas sobre su cuenta tributaria o ayudarle a establecer un plan de pagos. Us irs e file free Antes de visitar la oficina, verifique la herramienta local offices para la búsqueda de las oficinas locales en IRS. Us irs e file free gov o la opción local offices que se encuentra bajo la opción Contact Us, en IRS2Go para que verifique la dirección, el número telefónico, las horas de operación y los servicios que dicha oficina provee. Us irs e file free Si tiene una necesidad especial, tal como una discapacidad, puede solicitar una cita. Us irs e file free Llame al número telefónico local para la oficina localizado en la herramienta para la búsqueda de las oficinas locales o busque en la guía telefónica, bajo United States Government, Internal Revenue Service (Gobierno de los Estados Unidos, Servicio de Rentas Internas). Us irs e file free Solicite un número de identificación del patrono (EIN, por sus siglas en inglés). Us irs e file free Acceda a IRS. Us irs e file free gov y escriba las palabras “Apply for an EIN” (Solicitar un EIN), en inglés, en la casilla Search (Buscar). Us irs e file free Lea el Código Federal de Rentas Internas, los reglamentos u otra información oficial. Us irs e file free Lea los Internal Revenue Bulletins (Boletines del IRS). Us irs e file free Suscríbase por medio del correo electrónico para recibir noticias locales y nacionales relacionadas con las contribuciones. Us irs e file free Simplemente, pulse sobre el enlace titulado Subscriptions, que se encuentra sobre la casilla Search (Buscar) en IRS. Us irs e file free gov y escoja entre una variedad de opciones. Us irs e file free Teléfono. Us irs e file free   Puede llamar al IRS o puede llevarlo en su bolsillo con la aplicación IRS2Go en su teléfono inteligente o tableta. Us irs e file free Descargue la aplicación gratuita IRS2Go de la tienda de aplicaciones iTunes o Google Play. Us irs e file free Llame al 1-800-829-3676 (1-800-TAXFORM) para pedir formularios, instrucciones y publicaciones del año actual y formularios e instrucciones de años anteriores (limitado a los últimos 5 años). Us irs e file free Deberá recibir su pedido dentro de 10 días laborables. Us irs e file free Llame para escuchar los temas TeleTax, al 1-800-829-4477, para escuchar mensajes grabados en español sobre varios temas generales relacionados con las contribuciones federales y negocios. Us irs e file free Llame si utiliza equipo TTY/TDD al 1-800-829-4059, para realizar sus preguntas sobre impuestos o para pedir formularios y publicaciones. Us irs e file free El número telefónico TTY/TDD es para las personas que son sordas, quienes tienen problemas auditivos o quienes tienen una incapacidad del habla. Us irs e file free Estas personas pueden acceder al IRS a través de servicios de retransmisión, tal como el Servicio Federal de Retransmisión, en inglés. Us irs e file free Visitas en persona. Us irs e file free   Puede encontrar una variedad de formularios, publicaciones y servicios en persona. Us irs e file free Antes de visitar, verifique los días, horas de operación, y los servicios prestados. Us irs e file free Productos. Us irs e file free Puede visitar diversas oficinas de correos, bibliotecas y oficinas del IRS para obtener formularios, instrucciones y publicaciones. Us irs e file free Algunas oficinas del IRS, bibliotecas, oficinas de gobiernos de ciudades y condados tienen una colección de productos que se pueden fotocopiar del documento original impreso. Us irs e file free Servicios. Us irs e file free Usted puede visitar su Centro de Ayuda al Contribuyente (TAC, por sus siglas en inglés) en Puerto Rico en la mayoría de los días laborables para recibir ayuda en persona con respecto a todo problema relacionado con las contribuciones. Us irs e file free Un empleado de esa oficina le puede contestar preguntas sobre su cuenta contributiva o le puede ayudar a establecer un plan de pagos. Us irs e file free Antes de visitar la oficina, verifique en www. Us irs e file free irs. Us irs e file free gov/uac/Contact-My-Local-Office-in-Puerto-Rico en IRS. Us irs e file free gov o la opción local offices, que se encuentra bajo la opción Contact Us, en IRS2Go para que verifique los días y las horas de operación y los servicios que dicha oficina provee. Us irs e file free Correo. Us irs e file free   Puede enviar su pedido para formularios, instrucciones y publicaciones a la dirección que aparece a continuación. Us irs e file free Recibirá una contestación dentro de 10 días laborables después de que recibamos su solicitud. Us irs e file free  Internal Revenue Service 1201 N. Us irs e file free Mitsubishi Motorway Bloomington, IL 61705-6613 Servicio del Defensor del Contribuyente. Us irs e file free   El Servicio del Defensor del Contribuyente está aquí para ayudarlo a usted. Us irs e file free El Servicio del Defensor del Contribuyente ( TAS , por sus siglas en inglés) es su voz ante el IRS. Us irs e file free Nuestro deber es asegurar que a cada contribuyente se le trate de forma justa, y que usted conozca y entienda sus derechos. Us irs e file free   ¿Qué puede hacer TAS por usted? Le ofrecemos ayuda gratuita para ayudarle a resolver problemas con el IRS que no ha podido resolver usted mismo. Us irs e file free Sabemos que este proceso puede ser confuso, pero, ¡lo peor que se puede hacer es no hacer nada! TAS le puede ayudar si usted no puede resolver su problema contributivo con el IRS y además: Su problema le causa dificultades financieras a usted, su familia o su negocio. Us irs e file free Usted (o su negocio) está enfrentando la amenaza de una acción adversa inmediata. Us irs e file free Usted ha intentado, vez tras vez, de comunicarse con el IRS, pero nadie le ha respondido, o si el IRS no le ha respondido para la fecha prometida. Us irs e file free   Si usted reúne los requisitos para recibir nuestra ayuda, se le asignará un defensor, quien estará a su lado en cada paso del camino y quien hará lo posible para resolver su problema. Us irs e file free Nosotros le podemos ayudar porque: TAS es una organización independiente dentro del IRS. Us irs e file free Nuestros servicios son gratuitos y se modifican para satisfacer la necesidades de usted. Us irs e file free Nuestros defensores saben cómo trabajar con el IRS. Us irs e file free   Tenemos oficinas en cada estado, el Distrito de Columbia y Puerto Rico. Us irs e file free que le ayudarán a entender sus derechos. Us irs e file free ¿Cómo se puede comunicar con nosotros? Si usted cree que TAS posiblemente le puede ayudar, llame a su defensor local, cuyo número telefónico se halla en el directorio telefónico y también en la página del Servicio del Defensor del Contribuyente, disponible en inglés. Us irs e file free O, nos puede llamar libre de cargos al 1-877-777-4778. Us irs e file free   ¿Además de esto, de qué otra manera ayuda TAS a los contribuyentes? TAS se ocupa de resolver problemas de gran escala o problemas sistémicos que afectan a muchos contribuyentes. Us irs e file free Si usted conoce alguno de estos asuntos, favor de informarnos a través del Sistema de Administración de la Defensa Sistémica, en inglés. Us irs e file free Clínicas para Contribuyentes de Bajos Recursos. Us irs e file free   El programa de Clínicas para Contribuyentes de Bajos Recursos (LITC, por sus siglas en inglés) sirve a las personas de escasos recursos con algún problema con el Servicio de Rentas Internas. Us irs e file free La mayoría de los LITCs proporcionan representación ante el IRS en auditorias, disputas por cobros y otros asuntos en forma gratuita o por un costo nominal. Us irs e file free Si el idioma materno de la persona no es inglés, algunas clínicas proporcionan información multilingüe respecto a los derechos y responsabilidades del contribuyente. Us irs e file free Visite el sitio www. Us irs e file free irs. Us irs e file free gov/Spanish/¡Clínicas-para-Contribuyentes-de-Bajos-Recursos! o vea la Publicación 4134(SP) – Lista de Clínicas para Contribuyentes de Bajos Recursos, que proporciona información respecto a las clínicas en su área. Us irs e file free Prev  Up  Next   Home   More Online Publications