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1040 easy 4. 1040 easy   Tax Withholding and Estimated Tax Table of Contents What's New for 2014 Reminders Introduction Useful Items - You may want to see: Tax Withholding for 2014Salaries and Wages Tips Taxable Fringe Benefits Sick Pay Pensions and Annuities Gambling Winnings Unemployment Compensation Federal Payments Backup Withholding Estimated Tax for 2014Who Does Not Have To Pay Estimated Tax Who Must Pay Estimated Tax How To Figure Estimated Tax When To Pay Estimated Tax How To Figure Each Payment How To Pay Estimated Tax Credit for Withholding and Estimated Tax for 2013Withholding Estimated Tax Underpayment Penalty for 2013 What's New for 2014 Tax law changes for 2014. 1040 easy  When you figure how much income tax you want withheld from your pay and when you figure your estimated tax, consider tax law changes effective in 2014. 1040 easy For more information, see Publication 505. 1040 easy Reminders Estimated tax safe harbor for higher income taxpayers. 1040 easy  If your 2013 adjusted gross income was more than $150,000 ($75,000 if you are married filing a separate return), you must pay the smaller of 90% of your expected tax for 2014 or 110% of the tax shown on your 2013 return to avoid an estimated tax penalty. 1040 easy Introduction This chapter discusses how to pay your tax as you earn or receive income during the year. 1040 easy In general, the federal income tax is a pay-as-you-go tax. 1040 easy There are two ways to pay as you go. 1040 easy Withholding. 1040 easy If you are an employee, your employer probably withholds income tax from your pay. 1040 easy Tax also may be withheld from certain other income, such as pensions, bonuses, commissions, and gambling winnings. 1040 easy The amount withheld is paid to the IRS in your name. 1040 easy Estimated tax. 1040 easy If you do not pay your tax through withholding, or do not pay enough tax that way, you may have to pay estimated tax. 1040 easy People who are in business for themselves generally will have to pay their tax this way. 1040 easy Also, you may have to pay estimated tax if you receive income such as dividends, interest, capital gains, rent, and royalties. 1040 easy Estimated tax is used to pay not only income tax, but self-employment tax and alternative minimum tax as well. 1040 easy This chapter explains these methods. 1040 easy In addition, it also explains the following. 1040 easy Credit for withholding and estimated tax. 1040 easy When you file your 2013 income tax return, take credit for all the income tax withheld from your salary, wages, pensions, etc. 1040 easy , and for the estimated tax you paid for 2013. 1040 easy Also take credit for any excess social security or railroad retirement tax withheld (discussed in chapter 37). 1040 easy Underpayment penalty. 1040 easy If you did not pay enough tax during the year, either through withholding or by making estimated tax payments, you may have to pay a penalty. 1040 easy In most cases, the IRS can figure this penalty for you. 1040 easy See Underpayment Penalty for 2013 at the end of this chapter. 1040 easy Useful Items - You may want to see: Publication 505 Tax Withholding and Estimated Tax Form (and Instructions) W-4 Employee's Withholding Allowance Certificate W-4P Withholding Certificate for Pension or Annuity Payments W-4S Request for Federal Income Tax Withholding From Sick Pay W-4V Voluntary Withholding Request 1040-ES Estimated Tax for Individuals 2210 Underpayment of Estimated Tax by Individuals, Estates, and Trusts 2210-F Underpayment of Estimated Tax by Farmers and Fishermen Tax Withholding for 2014 This section discusses income tax withholding on: Salaries and wages, Tips, Taxable fringe benefits, Sick pay, Pensions and annuities, Gambling winnings, Unemployment compensation, and Certain federal payments. 1040 easy This section explains the rules for withholding tax from each of these types of income. 1040 easy This section also covers backup withholding on interest, dividends, and other payments. 1040 easy Salaries and Wages Income tax is withheld from the pay of most employees. 1040 easy Your pay includes your regular pay, bonuses, commissions, and vacation allowances. 1040 easy It also includes reimbursements and other expense allowances paid under a nonaccountable plan. 1040 easy See Supplemental Wages , later, for more information about reimbursements and allowances paid under a nonaccountable plan. 1040 easy If your income is low enough that you will not have to pay income tax for the year, you may be exempt from withholding. 1040 easy This is explained under Exemption From Withholding , later. 1040 easy You can ask your employer to withhold income tax from noncash wages and other wages not subject to withholding. 1040 easy If your employer does not agree to withhold tax, or if not enough is withheld, you may have to pay estimated tax, as discussed later under Estimated Tax for 2014 . 1040 easy Military retirees. 1040 easy   Military retirement pay is treated in the same manner as regular pay for income tax withholding purposes, even though it is treated as a pension or annuity for other tax purposes. 1040 easy Household workers. 1040 easy   If you are a household worker, you can ask your employer to withhold income tax from your pay. 1040 easy A household worker is an employee who performs household work in a private home, local college club, or local fraternity or sorority chapter. 1040 easy   Tax is withheld only if you want it withheld and your employer agrees to withhold it. 1040 easy If you do not have enough income tax withheld, you may have to pay estimated tax, as discussed later under Estimated Tax for 2014 . 1040 easy Farmworkers. 1040 easy   Generally, income tax is withheld from your cash wages for work on a farm unless your employer does both of these: Pays you cash wages of less than $150 during the year, and Has expenditures for agricultural labor totaling less than $2,500 during the year. 1040 easy Differential wage payments. 1040 easy    When employees are on leave from employment for military duty, some employers make up the difference between the military pay and civilian pay. 1040 easy Payments to an employee who is on active duty for a period of more than 30 days will be subject to income tax withholding, but not subject to social security or Medicare taxes. 1040 easy The wages and withholding will be reported on Form W-2, Wage and Tax Statement. 1040 easy   The credit employers can claim for differential wages paid to activated military reservists is scheduled to expire for wages paid after December 31, 2013. 1040 easy Determining Amount of Tax Withheld Using Form W-4 The amount of income tax your employer withholds from your regular pay depends on two things. 1040 easy The amount you earn in each payroll period. 1040 easy The information you give your employer on Form W-4. 1040 easy Form W-4 includes four types of information that your employer will use to figure your withholding. 1040 easy Whether to withhold at the single rate or at the lower married rate. 1040 easy How many withholding allowances you claim (each allowance reduces the amount withheld). 1040 easy Whether you want an additional amount withheld. 1040 easy Whether you are claiming an exemption from withholding in 2014. 1040 easy See Exemption From Withholding , later. 1040 easy Note. 1040 easy You must specify a filing status and a number of withholding allowances on Form W-4. 1040 easy You cannot specify only a dollar amount of withholding. 1040 easy New Job When you start a new job, you must fill out Form W-4 and give it to your employer. 1040 easy Your employer should have copies of the form. 1040 easy If you need to change the information later, you must fill out a new form. 1040 easy If you work only part of the year (for example, you start working after the beginning of the year), too much tax may be withheld. 1040 easy You may be able to avoid overwithholding if your employer agrees to use the part-year method. 1040 easy See Part-Year Method in chapter 1 of Publication 505 for more information. 1040 easy Employee also receiving pension income. 1040 easy   If you receive pension or annuity income and begin a new job, you will need to file Form W-4 with your new employer. 1040 easy However, you can choose to split your withholding allowances between your pension and job in any manner. 1040 easy Changing Your Withholding During the year changes may occur to your marital status, exemptions, adjustments, deductions, or credits you expect to claim on your tax return. 1040 easy When this happens, you may need to give your employer a new Form W-4 to change your withholding status or your number of allowances. 1040 easy If the changes reduce the number of allowances you are claiming or changes your marital status from married to single, you must give your employer a new Form W-4 within 10 days. 1040 easy Generally, you can submit a new Form W-4 whenever you wish to change the number of your withholding allowances for any other reason. 1040 easy Changing your withholding for 2015. 1040 easy   If events in 2014 will decrease the number of your withholding allowances for 2015, you must give your employer a new Form W-4 by December 1, 2014. 1040 easy If the event occurs in December 2014, submit a new Form W-4 within 10 days. 1040 easy Checking Your Withholding After you have given your employer a Form W-4, you can check to see whether the amount of tax withheld from your pay is too little or too much. 1040 easy If too much or too little tax is being withheld, you should give your employer a new Form W-4 to change your withholding. 1040 easy You should try to have your withholding match your actual tax liability. 1040 easy If not enough tax is withheld, you will owe tax at the end of the year and may have to pay interest and a penalty. 1040 easy If too much tax is withheld, you will lose the use of that money until you get your refund. 1040 easy Always check your withholding if there are personal or financial changes in your life or changes in the law that might change your tax liability. 1040 easy Note. 1040 easy You cannot give your employer a payment to cover withholding on salaries and wages for past pay periods or a payment for estimated tax. 1040 easy Completing Form W-4 and Worksheets Form W-4 has worksheets to help you figure how many withholding allowances you can claim. 1040 easy The worksheets are for your own records. 1040 easy Do not give them to your employer. 1040 easy Multiple jobs. 1040 easy   If you have income from more than one job at the same time, complete only one set of Form W-4 worksheets. 1040 easy Then split your allowances between the Forms W-4 for each job. 1040 easy You cannot claim the same allowances with more than one employer at the same time. 1040 easy You can claim all your allowances with one employer and none with the other(s), or divide them any other way. 1040 easy Married individuals. 1040 easy   If both you and your spouse are employed and expect to file a joint return, figure your withholding allowances using your combined income, adjustments, deductions, exemptions, and credits. 1040 easy Use only one set of worksheets. 1040 easy You can divide your total allowances any way, but you cannot claim an allowance that your spouse also claims. 1040 easy   If you and your spouse expect to file separate returns, figure your allowances using separate worksheets based on your own individual income, adjustments, deductions, exemptions, and credits. 1040 easy Alternative method of figuring withholding allowances. 1040 easy   You do not have to use the Form W-4 worksheets if you use a more accurate method of figuring the number of withholding allowances. 1040 easy For more information, see Alternative method of figuring withholding allowances under Completing Form W-4 and Worksheets in Publication 505, chapter 1. 1040 easy Personal Allowances Worksheet. 1040 easy   Use the Personal Allowances Worksheet on Form W-4 to figure your withholding allowances based on exemptions and any special allowances that apply. 1040 easy Deduction and Adjustments Worksheet. 1040 easy   Use the Deduction and Adjustments Worksheet on Form W-4 if you plan to itemize your deductions, claim certain credits, or claim adjustments to the income on your 2014 tax return and you want to reduce your withholding. 1040 easy Also, complete this worksheet when you have changes to these items to see if you need to change your withholding. 1040 easy Two-Earners/Multiple Jobs Worksheet. 1040 easy   You may need to complete the Two-Earners/Multiple Jobs Worksheet on Form W-4 if you have more than one job, a working spouse, or are also receiving a pension. 1040 easy Also, on this worksheet you can add any additional withholding necessary to cover any amount you expect to owe other than income tax, such as self-employment tax. 1040 easy Getting the Right Amount of Tax Withheld In most situations, the tax withheld from your pay will be close to the tax you figure on your return if you follow these two rules. 1040 easy You accurately complete all the Form W-4 worksheets that apply to you. 1040 easy You give your employer a new Form W-4 when changes occur. 1040 easy But because the worksheets and withholding methods do not account for all possible situations, you may not be getting the right amount withheld. 1040 easy This is most likely to happen in the following situations. 1040 easy You are married and both you and your spouse work. 1040 easy You have more than one job at a time. 1040 easy You have nonwage income, such as interest, dividends, alimony, unemployment compensation, or self-employment income. 1040 easy You will owe additional amounts with your return, such as self-employment tax. 1040 easy Your withholding is based on obsolete Form W-4 information for a substantial part of the year. 1040 easy Your earnings are more than the amount shown under Check your withholding in the instructions at the top of page 1 of Form W-4. 1040 easy You work only part of the year. 1040 easy You change the number of your withholding allowances during the year. 1040 easy Cumulative wage method. 1040 easy   If you change the number of your withholding allowances during the year, too much or too little tax may have been withheld for the period before you made the change. 1040 easy You may be able to compensate for this if your employer agrees to use the cumulative wage withholding method for the rest of the year. 1040 easy You must ask your employer in writing to use this method. 1040 easy   To be eligible, you must have been paid for the same kind of payroll period (weekly, biweekly, etc. 1040 easy ) since the beginning of the year. 1040 easy Publication 505 To make sure you are getting the right amount of tax withheld, get Publication 505. 1040 easy It will help you compare the total tax to be withheld during the year with the tax you can expect to figure on your return. 1040 easy It also will help you determine how much, if any, additional withholding is needed each payday to avoid owing tax when you file your return. 1040 easy If you do not have enough tax withheld, you may have to pay estimated tax, as explained under Estimated Tax for 2014 , later. 1040 easy You can use the IRS Withholding Calculator at www. 1040 easy irs. 1040 easy gov/Individuals, instead of Publication 505 or the worksheets included with Form W-4, to determine whether you need to have your withholding increased or decreased. 1040 easy Rules Your Employer Must Follow It may be helpful for you to know some of the withholding rules your employer must follow. 1040 easy These rules can affect how to fill out your Form W-4 and how to handle problems that may arise. 1040 easy New Form W-4. 1040 easy   When you start a new job, your employer should have you complete a Form W-4. 1040 easy Beginning with your first payday, your employer will use the information you give on the form to figure your withholding. 1040 easy   If you later fill out a new Form W-4, your employer can put it into effect as soon as possible. 1040 easy The deadline for putting it into effect is the start of the first payroll period ending 30 or more days after you turn it in. 1040 easy No Form W-4. 1040 easy   If you do not give your employer a completed Form W-4, your employer must withhold at the highest rate, as if you were single and claimed no withholding allowances. 1040 easy Repaying withheld tax. 1040 easy   If you find you are having too much tax withheld because you did not claim all the withholding allowances you are entitled to, you should give your employer a new Form W-4. 1040 easy Your employer cannot repay any of the tax previously withheld. 1040 easy Instead, claim the full amount withheld when you file your tax return. 1040 easy   However, if your employer has withheld more than the correct amount of tax for the Form W-4 you have in effect, you do not have to fill out a new Form W-4 to have your withholding lowered to the correct amount. 1040 easy Your employer can repay the amount that was withheld incorrectly. 1040 easy If you are not repaid, your Form W-2 will reflect the full amount actually withheld, which you would claim when you file your tax return. 1040 easy Exemption From Withholding If you claim exemption from withholding, your employer will not withhold federal income tax from your wages. 1040 easy The exemption applies only to income tax, not to social security or Medicare tax. 1040 easy You can claim exemption from withholding for 2014 only if both of the following situations apply. 1040 easy For 2013 you had a right to a refund of all federal income tax withheld because you had no tax liability. 1040 easy For 2014 you expect a refund of all federal income tax withheld because you expect to have no tax liability. 1040 easy Students. 1040 easy   If you are a student, you are not automatically exempt. 1040 easy See chapter 1 to find out if you must file a return. 1040 easy If you work only part time or only during the summer, you may qualify for exemption from withholding. 1040 easy Age 65 or older or blind. 1040 easy   If you are 65 or older or blind, use Worksheet 1-3 or 1-4 in chapter 1 of Publication 505, to help you decide if you qualify for exemption from withholding. 1040 easy Do not use either worksheet if you will itemize deductions, claim exemptions for dependents, or claim tax credits on your 2014 return. 1040 easy Instead, see Itemizing deductions or claiming exemptions or credits in chapter 1 of Publication 505. 1040 easy Claiming exemption from withholding. 1040 easy   To claim exemption, you must give your employer a Form W-4. 1040 easy Do not complete lines 5 and 6. 1040 easy Enter “Exempt” on line 7. 1040 easy   If you claim exemption, but later your situation changes so that you will have to pay income tax after all, you must file a new Form W-4 within 10 days after the change. 1040 easy If you claim exemption in 2014, but you expect to owe income tax for 2015, you must file a new Form W-4 by December 1, 2014. 1040 easy   Your claim of exempt status may be reviewed by the IRS. 1040 easy An exemption is good for only 1 year. 1040 easy   You must give your employer a new Form W-4 by February 15 each year to continue your exemption. 1040 easy Supplemental Wages Supplemental wages include bonuses, commissions, overtime pay, vacation allowances, certain sick pay, and expense allowances under certain plans. 1040 easy The payer can figure withholding on supplemental wages using the same method used for your regular wages. 1040 easy However, if these payments are identified separately from your regular wages, your employer or other payer of supplemental wages can withhold income tax from these wages at a flat rate. 1040 easy Expense allowances. 1040 easy   Reimbursements or other expense allowances paid by your employer under a nonaccountable plan are treated as supplemental wages. 1040 easy   Reimbursements or other expense allowances paid under an accountable plan that are more than your proven expenses are treated as paid under a nonaccountable plan if you do not return the excess payments within a reasonable period of time. 1040 easy   For more information about accountable and nonaccountable expense allowance plans, see Reimbursements in chapter 26. 1040 easy Penalties You may have to pay a penalty of $500 if both of the following apply. 1040 easy You make statements or claim withholding allowances on your Form W-4 that reduce the amount of tax withheld. 1040 easy You have no reasonable basis for those statements or allowances at the time you prepare your Form W-4. 1040 easy There is also a criminal penalty for willfully supplying false or fraudulent information on your Form W-4 or for willfully failing to supply information that would increase the amount withheld. 1040 easy The penalty upon conviction can be either a fine of up to $1,000 or imprisonment for up to 1 year, or both. 1040 easy These penalties will apply if you deliberately and knowingly falsify your Form W-4 in an attempt to reduce or eliminate the proper withholding of taxes. 1040 easy A simple error or an honest mistake will not result in one of these penalties. 1040 easy For example, a person who has tried to figure the number of withholding allowances correctly, but claims seven when the proper number is six, will not be charged a W-4 penalty. 1040 easy Tips The tips you receive while working on your job are considered part of your pay. 1040 easy You must include your tips on your tax return on the same line as your regular pay. 1040 easy However, tax is not withheld directly from tip income, as it is from your regular pay. 1040 easy Nevertheless, your employer will take into account the tips you report when figuring how much to withhold from your regular pay. 1040 easy See chapter 6 for information on reporting your tips to your employer. 1040 easy For more information on the withholding rules for tip income, see Publication 531, Reporting Tip Income. 1040 easy How employer figures amount to withhold. 1040 easy   The tips you report to your employer are counted as part of your income for the month you report them. 1040 easy Your employer can figure your withholding in either of two ways. 1040 easy By withholding at the regular rate on the sum of your pay plus your reported tips. 1040 easy By withholding at the regular rate on your pay plus a percentage of your reported tips. 1040 easy Not enough pay to cover taxes. 1040 easy   If your regular pay is not enough for your employer to withhold all the tax (including income tax and social security and Medicare taxes (or the equivalent railroad retirement tax)) due on your pay plus your tips, you can give your employer money to cover the shortage. 1040 easy See Giving your employer money for taxes in chapter 6. 1040 easy Allocated tips. 1040 easy   Your employer should not withhold income tax, Medicare tax, social security tax, or railroad retirement tax on any allocated tips. 1040 easy Withholding is based only on your pay plus your reported tips. 1040 easy Your employer should refund to you any incorrectly withheld tax. 1040 easy See Allocated Tips in chapter 6 for more information. 1040 easy Taxable Fringe Benefits The value of certain noncash fringe benefits you receive from your employer is considered part of your pay. 1040 easy Your employer generally must withhold income tax on these benefits from your regular pay. 1040 easy For information on fringe benefits, see Fringe Benefits under Employee Compensation in chapter 5. 1040 easy Although the value of your personal use of an employer-provided car, truck, or other highway motor vehicle is taxable, your employer can choose not to withhold income tax on that amount. 1040 easy Your employer must notify you if this choice is made. 1040 easy For more information on withholding on taxable fringe benefits, see chapter 1 of Publication 505. 1040 easy Sick Pay Sick pay is a payment to you to replace your regular wages while you are temporarily absent from work due to sickness or personal injury. 1040 easy To qualify as sick pay, it must be paid under a plan to which your employer is a party. 1040 easy If you receive sick pay from your employer or an agent of your employer, income tax must be withheld. 1040 easy An agent who does not pay regular wages to you may choose to withhold income tax at a flat rate. 1040 easy However, if you receive sick pay from a third party who is not acting as an agent of your employer, income tax will be withheld only if you choose to have it withheld. 1040 easy See Form W-4S , later. 1040 easy If you receive payments under a plan in which your employer does not participate (such as an accident or health plan where you paid all the premiums), the payments are not sick pay and usually are not taxable. 1040 easy Union agreements. 1040 easy   If you receive sick pay under a collective bargaining agreement between your union and your employer, the agreement may determine the amount of income tax withholding. 1040 easy See your union representative or your employer for more information. 1040 easy Form W-4S. 1040 easy   If you choose to have income tax withheld from sick pay paid by a third party, such as an insurance company, you must fill out Form W-4S. 1040 easy Its instructions contain a worksheet you can use to figure the amount you want withheld. 1040 easy They also explain restrictions that may apply. 1040 easy   Give the completed form to the payer of your sick pay. 1040 easy The payer must withhold according to your directions on the form. 1040 easy Estimated tax. 1040 easy   If you do not request withholding on Form W-4S, or if you do not have enough tax withheld, you may have to make estimated tax payments. 1040 easy If you do not pay enough tax, either through estimated tax or withholding, or a combination of both, you may have to pay a penalty. 1040 easy See Underpayment Penalty for 2013 at the end of this chapter. 1040 easy Pensions and Annuities Income tax usually will be withheld from your pension or annuity distributions unless you choose not to have it withheld. 1040 easy This rule applies to distributions from: A traditional individual retirement arrangement (IRA); A life insurance company under an endowment, annuity, or life insurance contract; A pension, annuity, or profit-sharing plan; A stock bonus plan; and Any other plan that defers the time you receive compensation. 1040 easy The amount withheld depends on whether you receive payments spread out over more than 1 year (periodic payments), within 1 year (nonperiodic payments), or as an eligible rollover distribution (ERD). 1040 easy Income tax withholding from an ERD is mandatory. 1040 easy More information. 1040 easy   For more information on taxation of annuities and distributions (including ERDs) from qualified retirement plans, see chapter 10. 1040 easy For information on IRAs, see chapter 17. 1040 easy For more information on withholding on pensions and annuities, including a discussion of Form W-4P, see Pensions and Annuities in chapter 1 of Publication 505. 1040 easy Gambling Winnings Income tax is withheld at a flat 25% rate from certain kinds of gambling winnings. 1040 easy Gambling winnings of more than $5,000 from the following sources are subject to income tax withholding. 1040 easy Any sweepstakes; wagering pool, including payments made to winners of poker tournaments; or lottery. 1040 easy Any other wager, if the proceeds are at least 300 times the amount of the bet. 1040 easy It does not matter whether your winnings are paid in cash, in property, or as an annuity. 1040 easy Winnings not paid in cash are taken into account at their fair market value. 1040 easy Exception. 1040 easy   Gambling winnings from bingo, keno, and slot machines generally are not subject to income tax withholding. 1040 easy However, you may need to provide the payer with a social security number to avoid withholding. 1040 easy See Backup withholding on gambling winnings in chapter 1 of Publication 505. 1040 easy If you receive gambling winnings not subject to withholding, you may need to pay estimated tax. 1040 easy See Estimated Tax for 2014 , later. 1040 easy If you do not pay enough tax, either through withholding or estimated tax, or a combination of both, you may have to pay a penalty. 1040 easy See Underpayment Penalty for 2013 at the end of this chapter. 1040 easy Form W-2G. 1040 easy   If a payer withholds income tax from your gambling winnings, you should receive a Form W-2G, Certain Gambling Winnings, showing the amount you won and the amount withheld. 1040 easy Report the tax withheld on line 62 of Form 1040. 1040 easy Unemployment Compensation You can choose to have income tax withheld from unemployment compensation. 1040 easy To make this choice, fill out Form W-4V (or a similar form provided by the payer) and give it to the payer. 1040 easy All unemployment compensation is taxable. 1040 easy So, if you do not have income tax withheld, you may have to pay estimated tax. 1040 easy See Estimated Tax for 2014 , later. 1040 easy If you do not pay enough tax, either through withholding or estimated tax, or a combination of both, you may have to pay a penalty. 1040 easy For information, see Underpayment Penalty for 2013 at the end of this chapter. 1040 easy Federal Payments You can choose to have income tax withheld from certain federal payments you receive. 1040 easy These payments are: Social security benefits, Tier 1 railroad retirement benefits, Commodity credit corporation loans you choose to include in your gross income, Payments under the Agricultural Act of 1949 (7 U. 1040 easy S. 1040 easy C. 1040 easy 1421 et. 1040 easy seq. 1040 easy ), as amended, or title II of the Disaster Assistance Act of 1988, that are treated as insurance proceeds and that you receive because: Your crops were destroyed or damaged by drought, flood, or any other natural disaster, or You were unable to plant crops because of a natural disaster described in (a), and Any other payment under Federal law as determined by the Secretary. 1040 easy To make this choice, fill out Form W-4V (or a similar form provided by the payer) and give it to the payer. 1040 easy If you do not choose to have income tax withheld, you may have to pay estimated tax. 1040 easy See Estimated Tax for 2014 , later. 1040 easy If you do not pay enough tax, either through withholding or estimated tax, or a combination of both, you may have to pay a penalty. 1040 easy For information, see Underpayment Penalty for 2013 at the end of this chapter. 1040 easy More information. 1040 easy   For more information about the tax treatment of social security and railroad retirement benefits, see chapter 11. 1040 easy Get Publication 225, Farmer's Tax Guide, for information about the tax treatment of commodity credit corporation loans or crop disaster payments. 1040 easy Backup Withholding Banks or other businesses that pay you certain kinds of income must file an information return (Form 1099) with the IRS. 1040 easy The information return shows how much you were paid during the year. 1040 easy It also includes your name and taxpayer identification number (TIN). 1040 easy TINs are explained in chapter 1 under Social Security Number (SSN) . 1040 easy These payments generally are not subject to withholding. 1040 easy However, “backup” withholding is required in certain situations. 1040 easy Backup withholding can apply to most kinds of payments that are reported on Form 1099. 1040 easy The payer must withhold at a flat 28% rate in the following situations. 1040 easy You do not give the payer your TIN in the required manner. 1040 easy The IRS notifies the payer that the TIN you gave is incorrect. 1040 easy You are required, but fail, to certify that you are not subject to backup withholding. 1040 easy The IRS notifies the payer to start withholding on interest or dividends because you have underreported interest or dividends on your income tax return. 1040 easy The IRS will do this only after it has mailed you four notices over at least a 210-day period. 1040 easy See Backup Withholding in chapter 1 of Publication 505 for more information. 1040 easy Penalties. 1040 easy   There are civil and criminal penalties for giving false information to avoid backup withholding. 1040 easy The civil penalty is $500. 1040 easy The criminal penalty, upon conviction, is a fine of up to $1,000 or imprisonment of up to 1 year, or both. 1040 easy Estimated Tax for 2014 Estimated tax is the method used to pay tax on income that is not subject to withholding. 1040 easy This includes income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes, and awards. 1040 easy You also may have to pay estimated tax if the amount of income tax being withheld from your salary, pension, or other income is not enough. 1040 easy Estimated tax is used to pay both income tax and self-employment tax, as well as other taxes and amounts reported on your tax return. 1040 easy If you do not pay enough tax, either through withholding or estimated tax, or a combination of both, you may have to pay a penalty. 1040 easy If you do not pay enough by the due date of each payment period (see When To Pay Estimated Tax , later), you may be charged a penalty even if you are due a refund when you file your tax return. 1040 easy For information on when the penalty applies, see Underpayment Penalty for 2013 at the end of this chapter. 1040 easy Who Does Not Have To Pay Estimated Tax If you receive salaries or wages, you can avoid having to pay estimated tax by asking your employer to take more tax out of your earnings. 1040 easy To do this, give a new Form W-4 to your employer. 1040 easy See chapter 1 of Publication 505. 1040 easy Estimated tax not required. 1040 easy   You do not have to pay estimated tax for 2014 if you meet all three of the following conditions. 1040 easy You had no tax liability for 2013. 1040 easy You were a U. 1040 easy S. 1040 easy citizen or resident alien for the whole year. 1040 easy Your 2013 tax year covered a 12-month period. 1040 easy   You had no tax liability for 2013 if your total tax was zero or you did not have to file an income tax return. 1040 easy For the definition of “total tax” for 2013, see Publication 505, chapter 2. 1040 easy Who Must Pay Estimated Tax If you owe additional tax for 2013, you may have to pay estimated tax for 2014. 1040 easy You can use the following general rule as a guide during the year to see if you will have enough withholding, or if you should increase your withholding or make estimated tax payments. 1040 easy General rule. 1040 easy   In most cases, you must pay estimated tax for 2014 if both of the following apply. 1040 easy You expect to owe at least $1,000 in tax for 2014, after subtracting your withholding and refundable credits. 1040 easy You expect your withholding plus your refundable credits to be less than the smaller of: 90% of the tax to be shown on your 2014 tax return, or 100% of the tax shown on your 2013 tax return (but see Special rules for farmers, fishermen, and higher income taxpayers, later). 1040 easy Your 2013 tax return must cover all 12 months. 1040 easy    If the result from using the general rule above suggests that you will not have enough withholding, complete the 2014 Estimated Tax Worksheet in Publication 505 for a more accurate calculation. 1040 easy Special rules for farmers, fishermen, and higher income taxpayers. 1040 easy   If at least two-thirds of your gross income for tax year 2013 or 2014 is from farming or fishing, substitute 662/3% for 90% in (2a) under the General rule, earlier. 1040 easy If your AGI for 2013 was more than $150,000 ($75,000 if your filing status for 2014 is married filing a separate return), substitute 110% for 100% in (2b) under General rule , earlier. 1040 easy See Figure 4-A and Publication 505, chapter 2 for more information. 1040 easy Figure 4-A. 1040 easy Do You Have To Pay Estimated Tax? Please click here for the text description of the image. 1040 easy Figure 4-A Do You Have To Pay Estimated Tax? Aliens. 1040 easy   Resident and nonresident aliens also may have to pay estimated tax. 1040 easy Resident aliens should follow the rules in this chapter unless noted otherwise. 1040 easy Nonresident aliens should get Form 1040-ES (NR), U. 1040 easy S. 1040 easy Estimated Tax for Nonresident Alien Individuals. 1040 easy   You are an alien if you are not a citizen or national of the United States. 1040 easy You are a resident alien if you either have a green card or meet the substantial presence test. 1040 easy For more information about the substantial presence test, see Publication 519, U. 1040 easy S. 1040 easy Tax Guide for Aliens. 1040 easy Married taxpayers. 1040 easy   If you qualify to make joint estimated tax payments, apply the rules discussed here to your joint estimated income. 1040 easy   You and your spouse can make joint estimated tax payments even if you are not living together. 1040 easy   However, you and your spouse cannot make joint estimated tax payments if:  You are legally separated under a decree of divorce or separate maintenance, You and your spouse have different tax years, or Either spouse is a nonresident alien (unless that spouse elected to be treated as a resident alien for tax purposes (see chapter 1 of Publication 519)). 1040 easy   If you do not qualify to make joint estimated tax payments, apply these rules to your separate estimated income. 1040 easy Making joint or separate estimated tax payments will not affect your choice of filing a joint tax return or separate returns for 2014. 1040 easy 2013 separate returns and 2014 joint return. 1040 easy   If you plan to file a joint return with your spouse for 2014, but you filed separate returns for 2013, your 2013 tax is the total of the tax shown on your separate returns. 1040 easy You filed a separate return if you filed as single, head of household, or married filing separately. 1040 easy 2013 joint return and 2014 separate returns. 1040 easy   If you plan to file a separate return for 2014 but you filed a joint return for 2013, your 2013 tax is your share of the tax on the joint return. 1040 easy You file a separate return if you file as single, head of household, or married filing separately. 1040 easy   To figure your share of the tax on the joint return, first figure the tax both you and your spouse would have paid had you filed separate returns for 2013 using the same filing status as for 2014. 1040 easy Then multiply the tax on the joint return by the following fraction. 1040 easy     The tax you would have paid had you filed a separate return   The total tax you and your spouse would have paid had you filed separate returns Example. 1040 easy Joe and Heather filed a joint return for 2013 showing taxable income of $48,500 and a tax of $6,386. 1040 easy Of the $48,500 taxable income, $40,100 was Joe's and the rest was Heather's. 1040 easy For 2014, they plan to file married filing separately. 1040 easy Joe figures his share of the tax on the 2013 joint return as follows. 1040 easy   Tax on $40,100 based on a separate return $5,960     Tax on $8,400 based on a separate return 843     Total $6,803     Joe's percentage of total ($5,960 ÷ $6,803) 87. 1040 easy 6%     Joe's share of tax on joint return  ($6,386 × 87. 1040 easy 6%) $5,594   How To Figure Estimated Tax To figure your estimated tax, you must figure your expected adjusted gross income (AGI), taxable income, taxes, deductions, and credits for the year. 1040 easy When figuring your 2014 estimated tax, it may be helpful to use your income, deductions, and credits for 2013 as a starting point. 1040 easy Use your 2013 federal tax return as a guide. 1040 easy You can use Form 1040-ES and Publication 505 to figure your estimated tax. 1040 easy Nonresident aliens use Form 1040-ES (NR) and Publication 505 to figure estimated tax (see chapter 8 of Publication 519 for more information). 1040 easy You must make adjustments both for changes in your own situation and for recent changes in the tax law. 1040 easy For a discussion of these changes, visit IRS. 1040 easy gov. 1040 easy For more complete information on how to figure your estimated tax for 2014, see chapter 2 of Publication 505. 1040 easy When To Pay Estimated Tax For estimated tax purposes, the tax year is divided into four payment periods. 1040 easy Each period has a specific payment due date. 1040 easy If you do not pay enough tax by the due date of each payment period, you may be charged a penalty even if you are due a refund when you file your income tax return. 1040 easy The payment periods and due dates for estimated tax payments are shown next. 1040 easy   For the period: Due date:*     Jan. 1040 easy 1 – March 31 April 15     April 1 – May 31 June 16     June 1 – August 31 Sept. 1040 easy 15     Sept. 1040 easy 1– Dec. 1040 easy 31 Jan. 1040 easy 15, next year     *See Saturday, Sunday, holiday rule and January payment . 1040 easy Saturday, Sunday, holiday rule. 1040 easy   If the due date for an estimated tax payment falls on a Saturday, Sunday, or legal holiday, the payment will be on time if you make it on the next day that is not a Saturday, Sunday, or legal holiday. 1040 easy January payment. 1040 easy   If you file your 2014 Form 1040 or Form 1040A by January 31, 2015, and pay the rest of the tax you owe, you do not need to make the payment due on January 15, 2015. 1040 easy Fiscal year taxpayers. 1040 easy   If your tax year does not start on January 1, see the Form 1040-ES instructions for your payment due dates. 1040 easy When To Start You do not have to make estimated tax payments until you have income on which you will owe income tax. 1040 easy If you have income subject to estimated tax during the first payment period, you must make your first payment by the due date for the first payment period. 1040 easy You can pay all your estimated tax at that time, or you can pay it in installments. 1040 easy If you choose to pay in installments, make your first payment by the due date for the first payment period. 1040 easy Make your remaining installment payments by the due dates for the later periods. 1040 easy No income subject to estimated tax during first period. 1040 easy    If you do not have income subject to estimated tax until a later payment period, you must make your first payment by the due date for that period. 1040 easy You can pay your entire estimated tax by the due date for that period or you can pay it in installments by the due date for that period and the due dates for the remaining periods. 1040 easy The following chart shows when to make installment payments. 1040 easy If you first have income on which you must pay estimated tax: Make a payment  by:* Make later installments by:* Before April 1 April 15 June 16 Sept. 1040 easy 15 Jan. 1040 easy 15 next year April 1–May 31 June 16 Sept. 1040 easy 15 Jan. 1040 easy 15 next year June 1–Aug. 1040 easy 31 Sept. 1040 easy 15 Jan. 1040 easy 15 next year After Aug. 1040 easy 31 Jan. 1040 easy 15 next year (None) *See Saturday, Sunday, holiday rule and January payment . 1040 easy How much to pay to avoid a penalty. 1040 easy   To determine how much you should pay by each payment due date, see How To Figure Each Payment, next. 1040 easy How To Figure Each Payment You should pay enough estimated tax by the due date of each payment period to avoid a penalty for that period. 1040 easy You can figure your required payment for each period by using either the regular installment method or the annualized income installment method. 1040 easy These methods are described in chapter 2 of Publication 505. 1040 easy If you do not pay enough during each payment period, you may be charged a penalty even if you are due a refund when you file your tax return. 1040 easy If the earlier discussion of No income subject to estimated tax during first period or the later discussion of Change in estimated tax applies to you, you may benefit from reading Annualized Income Installment Method in chapter 2 of Publication 505 for information on how to avoid a penalty. 1040 easy Underpayment penalty. 1040 easy   Under the regular installment method, if your estimated tax payment for any period is less than one-fourth of your estimated tax, you may be charged a penalty for underpayment of estimated tax for that period when you file your tax return. 1040 easy Under the annualized income installment method, your estimated tax payments vary with your income, but the amount required must be paid each period. 1040 easy See chapter 4 of Publication 505 for more information. 1040 easy Change in estimated tax. 1040 easy   After you make an estimated tax payment, changes in your income, adjustments, deductions, credits, or exemptions may make it necessary for you to refigure your estimated tax. 1040 easy Pay the unpaid balance of your amended estimated tax by the next payment due date after the change or in installments by that date and the due dates for the remaining payment periods. 1040 easy Estimated Tax Payments Not Required You do not have to pay estimated tax if your withholding in each payment period is at least as much as: One-fourth of your required annual payment, or Your required annualized income installment for that period. 1040 easy You also do not have to pay estimated tax if you will pay enough through withholding to keep the amount you owe with your return under $1,000. 1040 easy How To Pay Estimated Tax There are several ways to pay estimated tax. 1040 easy Credit an overpayment on your 2013 return to your 2014 estimated tax. 1040 easy Pay by direct transfer from your bank account, or pay by credit or debit card using a pay-by-phone system or the Internet. 1040 easy Send in your payment (check or money order) with a payment voucher from Form 1040-ES. 1040 easy Credit an Overpayment If you show an overpayment of tax after completing your Form 1040 or Form 1040A for 2013, you can apply part or all of it to your estimated tax for 2014. 1040 easy On line 75 of Form 1040, or line 44 of Form 1040A, enter the amount you want credited to your estimated tax rather than refunded. 1040 easy Take the amount you have credited into account when figuring your estimated tax payments. 1040 easy You cannot have any of the amount you credited to your estimated tax refunded to you until you file your tax return for the following year. 1040 easy You also cannot use that overpayment in any other way. 1040 easy Pay Online Paying online is convenient and secure and helps make sure we get your payments on time. 1040 easy You can pay using either of the following electronic payment methods. 1040 easy Direct transfer from your bank account. 1040 easy Credit or debit card. 1040 easy To pay your taxes online or for more information, go to www. 1040 easy irs. 1040 easy gov/e-pay. 1040 easy Pay by Phone Paying by phone is another safe and secure method of paying electronically. 1040 easy Use one of the following methods. 1040 easy Direct transfer from your bank account. 1040 easy Credit or debit card. 1040 easy To pay by direct transfer from your bank account, call 1-800-555-4477 (English), 1-800-244-4829 (Espanol). 1040 easy People who are deaf, hard of hearing, or have a speech disability and who have access to TTY/TDD can call 1-800-733-4829. 1040 easy To pay using a credit or debit card, you can call one of the following service providers. 1040 easy There is a convenience fee charged by these providers that varies by provider, card type, and payment amount. 1040 easy WorldPay 1-888-9-PAY-TAXTM(1-888-972-9829) www. 1040 easy payUSAtax. 1040 easy com Official Payments Corporation 1-888-UPAY-TAXTM (1-888-872-9829) www. 1040 easy officialpayments. 1040 easy com Link2Gov Corporation 1-888-PAY-1040TM (1-888-729-1040) www. 1040 easy PAY1040. 1040 easy com For the latest details on how to pay by phone, go to www. 1040 easy irs. 1040 easy gov/e-pay. 1040 easy Pay by Check or Money Order Using the Estimated Tax Payment Voucher Each payment of estimated tax by check or money order must be accompanied by a payment voucher from Form 1040-ES. 1040 easy During 2013, if you: made at least one estimated tax payment but not by electronic means, did not use software or a paid preparer to prepare or file your return,  then you should receive a copy of the 2014 Form 1040-ES/V. 1040 easy The enclosed payment vouchers will be preprinted with your name, address, and social security number. 1040 easy Using the preprinted vouchers will speed processing, reduce the chance of error, and help save processing costs. 1040 easy Use the window envelopes that came with your Form 1040-ES package. 1040 easy If you use your own envelopes, make sure you mail your payment vouchers to the address shown in the Form 1040-ES instructions for the place where you live. 1040 easy Note. 1040 easy These criteria can change without notice. 1040 easy If you do not receive a Form 1040-ES/V package and you are required to make an estimated tax payment, you should go to www. 1040 easy irs. 1040 easy gov and print a copy of Form 1040-ES which includes four blank payment vouchers. 1040 easy Complete one of these and make your payment timely to avoid penalties for paying late. 1040 easy Do not use the address shown in the Form 1040 or Form 1040A instructions for your estimated tax payments. 1040 easy If you did not pay estimated tax last year, you can order Form 1040-ES from the IRS (see inside back cover of this publication) or download it from IRS. 1040 easy gov. 1040 easy Follow the instructions to make sure you use the vouchers correctly. 1040 easy Joint estimated tax payments. 1040 easy   If you file a joint return and are making joint estimated tax payments, enter the names and social security numbers on the payment voucher in the same order as they will appear on the joint return. 1040 easy Change of address. 1040 easy   You must notify the IRS if you are making estimated tax payments and you changed your address during the year. 1040 easy Complete Form 8822, Change of Address, and mail it to the address shown in the instructions for that form. 1040 easy Credit for Withholding and Estimated Tax for 2013 When you file your 2013 income tax return, take credit for all the income tax and excess social security or railroad retirement tax withheld from your salary, wages, pensions, etc. 1040 easy Also take credit for the estimated tax you paid for 2013. 1040 easy These credits are subtracted from your total tax. 1040 easy Because these credits are refundable, you should file a return and claim these credits, even if you do not owe tax. 1040 easy Two or more employers. 1040 easy   If you had two or more employers in 2013 and were paid wages of more than $113,700, too much social security or tier 1 railroad retirement tax may have been withheld from your pay. 1040 easy You may be able to claim the excess as a credit against your income tax when you file your return. 1040 easy See Credit for Excess Social Security Tax or Railroad Retirement Tax Withheld in chapter 37. 1040 easy Withholding If you had income tax withheld during 2013, you should be sent a statement by January 31, 2014, showing your income and the tax withheld. 1040 easy Depending on the source of your income, you should receive: Form W-2, Wage and Tax Statement, Form W-2G, Certain Gambling Winnings, or A form in the 1099 series. 1040 easy Forms W-2 and W-2G. 1040 easy   If you file a paper return, always file Form W-2 with your income tax return. 1040 easy File Form W-2G with your return only if it shows any federal income tax withheld from your winnings. 1040 easy   You should get at least two copies of each form. 1040 easy If you file a paper return, attach one copy to the front of your federal income tax return. 1040 easy Keep one copy for your records. 1040 easy You also should receive copies to file with your state and local returns. 1040 easy Form W-2 Your employer is required to provide or send Form W-2 to you no later than January 31, 2014. 1040 easy You should receive a separate Form W-2 from each employer you worked for. 1040 easy If you stopped working before the end of 2013, your employer could have given you your Form W-2 at any time after you stopped working. 1040 easy However, your employer must provide or send it to you by January 31, 2014. 1040 easy If you ask for the form, your employer must send it to you within 30 days after receiving your written request or within 30 days after your final wage payment, whichever is later. 1040 easy If you have not received your Form W-2 by January 31, you should ask your employer for it. 1040 easy If you do not receive it by February 15, call the IRS. 1040 easy Form W-2 shows your total pay and other compensation and the income tax, social security tax, and Medicare tax that was withheld during the year. 1040 easy Include the federal income tax withheld (as shown in box 2 of Form W-2) on: Line 62 if you file Form 1040, Line 36 if you file Form 1040A, or Line 7 if you file Form 1040EZ. 1040 easy In addition, Form W-2 is used to report any taxable sick pay you received and any income tax withheld from your sick pay. 1040 easy Form W-2G If you had gambling winnings in 2013, the payer may have withheld income tax. 1040 easy If tax was withheld, the payer will give you a Form W-2G showing the amount you won and the amount of tax withheld. 1040 easy Report the amounts you won on line 21 of Form 1040. 1040 easy Take credit for the tax withheld on line 62 of Form 1040. 1040 easy If you had gambling winnings, you must use Form 1040; you cannot use Form 1040A or Form 1040EZ. 1040 easy The 1099 Series Most forms in the 1099 series are not filed with your return. 1040 easy These forms should be furnished to you by January 31, 2014 (or, for Forms 1099-B, 1099-S, and certain Forms 1099-MISC, by February 15, 2014). 1040 easy Unless instructed to file any of these forms with your return, keep them for your records. 1040 easy There are several different forms in this series, including: Form 1099-B, Proceeds From Broker and Barter Exchange Transactions; Form 1099-DIV, Dividends and Distributions; Form 1099-G, Certain Government Payments; Form 1099-INT, Interest Income; Form 1099-K, Payment Card and Third Party Network Transactions; Form 1099-MISC, Miscellaneous Income; Form 1099-OID, Original Issue Discount; Form 1099-PATR, Taxable Distributions Received from Cooperatives; Form 1099-Q, Payments From Qualified Education Programs; Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. 1040 easy ; Form 1099-S, Proceeds From Real Estate Transactions; Form RRB-1099, Payments by the Railroad Retirement Board. 1040 easy If you received the types of income reported on some forms in the 1099 series, you may not be able to use Form 1040A or Form 1040EZ. 1040 easy See the instructions to these forms for details. 1040 easy Form 1099-R. 1040 easy   Attach Form 1099-R to your paper return if box 4 shows federal income tax withheld. 1040 easy Include the amount withheld in the total on line 62 of Form 1040 or line 36 of Form 1040A. 1040 easy You cannot use Form 1040EZ if you received payments reported on Form 1099-R. 1040 easy Backup withholding. 1040 easy   If you were subject to backup withholding on income you received during 2013, include the amount withheld, as shown on your Form 1099, in the total on line 62 of Form 1040, line 36 of Form 1040A, or line 7 of Form 1040EZ. 1040 easy Form Not Correct If you receive a form with incorrect information on it, you should ask the payer for a corrected form. 1040 easy Call the telephone number or write to the address given for the payer on the form. 1040 easy The corrected Form W-2G or Form 1099 you receive will have an “X” in the “CORRECTED” box at the top of the form. 1040 easy A special form, Form W-2c, Corrected Wage and Tax Statement, is used to correct a Form W-2. 1040 easy In certain situations, you will receive two forms in place of the original incorrect form. 1040 easy This will happen when your taxpayer identification number is wrong or missing, your name and address are wrong, or you received the wrong type of form (for example, a Form 1099-DIV instead of a Form 1099-INT). 1040 easy One new form you receive will be the same incorrect form or have the same incorrect information, but all money amounts will be zero. 1040 easy This form will have an “X” in the “CORRECTED” box at the top of the form. 1040 easy The second new form should have all the correct information, prepared as though it is the original (the “CORRECTED” box will not be checked). 1040 easy Form Received After Filing If you file your return and you later receive a form for income that you did not include on your return, you should report the income and take credit for any income tax withheld by filing Form 1040X, Amended U. 1040 easy S. 1040 easy Individual Income Tax Return. 1040 easy Separate Returns If you are married but file a separate return, you can take credit only for the tax withheld from your own income. 1040 easy Do not include any amount withheld from your spouse's income. 1040 easy However, different rules may apply if you live in a community property state. 1040 easy Community property states are listed in chapter 2. 1040 easy For more information on these rules, and some exceptions, see Publication 555, Community Property. 1040 easy Fiscal Years If you file your tax return on the basis of a fiscal year (a 12-month period ending on the last day of any month except December), you must follow special rules to determine your credit for federal income tax withholding. 1040 easy For a discussion of how to take credit for withholding on a fiscal year return, see Fiscal Years (FY) in chapter 3 of Publication 505. 1040 easy Estimated Tax Take credit for all your estimated tax payments for 2013 on line 63 of Form 1040 or line 37 of Form 1040A. 1040 easy Include any overpayment from 2012 that you had credited to your 2013 estimated tax. 1040 easy You must use Form 1040 or Form 1040A if you paid estimated tax. 1040 easy You cannot use Form 1040EZ. 1040 easy Name changed. 1040 easy   If you changed your name, and you made estimated tax payments using your old name, attach a brief statement to the front of your paper tax return indicating: When you made the payments, The amount of each payment, Your name when you made the payments, and Your social security number. 1040 easy The statement should cover payments you made jointly with your spouse as well as any you made separately. 1040 easy   Be sure to report the change to the Social Security Administration. 1040 easy This prevents delays in processing your return and issuing any refunds. 1040 easy Separate Returns If you and your spouse made separate estimated tax payments for 2013 and you file separate returns, you can take credit only for your own payments. 1040 easy If you made joint estimated tax payments, you must decide how to divide the payments between your returns. 1040 easy One of you can claim all of the estimated tax paid and the other none, or you can divide it in any other way you agree on. 1040 easy If you cannot agree, you must divide the payments in proportion to each spouse's individual tax as shown on your separate returns for 2013. 1040 easy Divorced Taxpayers If you made joint estimated tax payments for 2013, and you were divorced during the year, either you or your former spouse can claim all of the joint payments, or you each can claim part of them. 1040 easy If you cannot agree on how to divide the payments, you must divide them in proportion to each spouse's individual tax as shown on your separate returns for 2013. 1040 easy If you claim any of the joint payments on your tax return, enter your former spouse's social security number (SSN) in the space provided on the front of Form 1040 or Form 1040A. 1040 easy If you divorced and remarried in 2013, enter your present spouse's SSN in that space and write your former spouse's SSN, followed by “DIV,” to the left of Form 1040, line 63, or Form 1040A, line 37. 1040 easy Underpayment Penalty for 2013 If you did not pay enough tax, either through withholding or by making timely estimated tax payments, you will have an underpayment of estimated tax and you may have to pay a penalty. 1040 easy Generally, you will not have to pay a penalty for 2013 if any of the following apply. 1040 easy The total of your withholding and estimated tax payments was at least as much as your 2012 tax (or 110% of your 2012 tax if your AGI was more than $150,000, $75,000 if your 2013 filing status is married filing separately) and you paid all required estimated tax payments on time. 1040 easy The tax balance due on your 2013 return is no more than 10% of your total 2013 tax, and you paid all required estimated tax payments on time. 1040 easy Your total 2013 tax minus your withholding and refundable credits is less than $1,000. 1040 easy You did not have a tax liability for 2012 and your 2012 tax year was 12 months, or You did not have any withholding taxes and your current year tax less any household employment taxes is less than $1,000. 1040 easy See Publication 505, chapter 4, for a definition of “total tax” for 2012 and 2013. 1040 easy Farmers and fishermen. 1040 easy   Special rules apply if you are a farmer or fisherman. 1040 easy See Farmers and Fishermen in chapter 4 of Publication 505 for more information. 1040 easy IRS can figure the penalty for you. 1040 easy   If you think you owe the penalty but you do not want to figure it yourself when you file your tax return, you may not have to. 1040 easy Generally, the IRS will figure the penalty for you and send you a bill. 1040 easy However, if you think you are able to lower or eliminate your penalty, you must complete Form 2210 or Form 2210-F and attach it to your paper return. 1040 easy See chapter 4 of Publication 505. 1040 easy Prev  Up  Next   Home   More Online 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The 1040 Easy

1040 easy 16. 1040 easy   Cómo Declarar Ganancias y Pérdidas Table of Contents Qué Hay de Nuevo Introduction Useful Items - You may want to see: Cómo Declarar Ganancias y Pérdidas de CapitalExcepción 1. 1040 easy Excepción 2. 1040 easy Presente el Formulario 1099-B o el Formulario 1099-S al IRS. 1040 easy Pérdidas de Capital Tasas Impositivas sobre Ganancias de Capital Qué Hay de Nuevo Tasas máximas de ganancias de capital. 1040 easy  Para el año 2013, las tasas máximas de ganancias de capital son del 0%, 15%, 20%, 25% y 28%. 1040 easy Introduction En este capítulo se explica cómo declarar ganancias y pérdidas de capital provenientes de ventas, intercambios y otras enajenaciones de bienes de inversión en el Formulario 8949 y el Anexo D (Formulario 1040). 1040 easy Esta explicación abarca los siguientes temas: Cómo declarar ganancias y pérdidas a corto plazo. 1040 easy Cómo declarar ganancias y pérdidas a largo plazo. 1040 easy Cómo calcular pérdidas de capital que se van a trasladar al año siguiente. 1040 easy Cómo calcular los impuestos sobre una ganancia neta de capital. 1040 easy Si vende o de otro modo enajena bienes utilizados en una ocupación o negocio o en la producción de ingresos, vea la Publicación 544, Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés, antes de completar el Anexo D (Formulario 1040). 1040 easy Useful Items - You may want to see: Publicación 537 Installment Sales (Ventas a plazos), en inglés 544 Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés 550 Investment Income and Expenses (Ingresos y gastos de inversión), en inglés Formulario (e Instrucciones) 4797 Sales of Business Property (Ventas de bienes comerciales), en inglés 6252 Installment Sale Income (Ingresos de ventas a plazos), en inglés 8582 Passive Activity Loss Limitations (Limitaciones de pérdidas en actividades pasivas), en inglés 8949 Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de activos de capital, en inglés) Anexo D (Formulario 1040) Capital Gains and Losses (Ganancias y pérdidas de capital), en inglés Cómo Declarar Ganancias y Pérdidas de Capital Declare sus ganancias y pérdidas de capital en el Formulario 8949. 1040 easy Complete el Formulario 8949 antes de completar las líneas 1b, 2, 3, 8b, 9 ó 10 del Anexo D (Formulario 1040). 1040 easy Use el Formulario 8949 para declarar: La venta o intercambio de un activo de capital, la cual no se declaró en ningún otro formulario o anexo, Ganancias por canjes involuntarios (aparte de cuando se deba a un hecho fortuito o un robo) de activos de capital que no sirven para propósitos de negocio o lucro y Deudas incobrables que no provienen del negocio. 1040 easy Use el Anexo D (Formulario 1040): Para calcular la ganancia o pérdida total de las transacciones declaradas en el Formulario 8949; Para declarar una ganancia proveniente del Formulario 6252 o de la Parte I del Formulario 4797; Para declarar una ganancia o pérdida proveniente del Formulario 4684, 6781 u 8824; Para declarar distribuciones de ganancias de capital no declaradas directamente en el Formulario 1040 o en el Formulario 1040A; Para declarar una pérdida de capital trasladada del año tributario anterior al año tributario actual; Para declarar su parte de una ganancia (o pérdida) de una sociedad colectiva, sociedad anónima de tipo S, caudal hereditario o fideicomiso; Para declarar las transacciones informadas a usted en el Formulario 1099-B (o documento sustitutivo), el cual muestra las bases informadas al IRS y al cual no corresponde ninguno de los ajustes o códigos del Formulario 8949; y Para declarar ganancias de capital a largo plazo no distribuidas provenientes del Formulario 2439. 1040 easy Anote en el Formulario 8949 todas las ventas e intercambios de activos de capital (incluyendo acciones, bonos, etc. 1040 easy ) y de bienes raíces (si no se declararon en el Formulario 4684, 4797, 6252, 6781 u 8824 o la línea 1a u 8a del Anexo D). 1040 easy Declare estas transacciones aun si usted no recibió un Formulario 1099-B o 1099-S (u otra declaración sustitutiva) para la transacción. 1040 easy Declare las ganancias o pérdidas a corto plazo en la Parte I. 1040 easy Declare ganancias y pérdidas a largo plazo en la Parte II. 1040 easy Use cuantos Formularios 8949 sean necesarios. 1040 easy Excepciones a la presentación del Formulario 8949 y el Anexo D (Formulario 1040). 1040 easy   Hay ciertas circunstancias bajo las cuales usted tal vez no tenga que presentar el Formulario 8949 ni el Anexo D (Formulario 1040). 1040 easy Excepción 1. 1040 easy   Usted no tiene que presentar el Formulario 8949 ni el Anexo D (Formulario 1040) si no tiene pérdidas de capital y sus únicas ganancias de capital son distribuciones de ganancia de capital correspondientes al (los) recuadro(s) 2a del (de los) Formulario(s) 1099-DIV (o declaraciones sustitutivas). 1040 easy (Si alguno de los Formularios 1099-DIV (o declaraciones sustitutivas) que usted recibe indica una cifra en el recuadro 2b (ganancias no recuperadas conforme a la sección 1250), el recuadro 2c (ganancias conforme a la sección 1202) o el recuadro 2d (ganancias (tasas de 28%) por la venta de objetos coleccionables, usted no reúne los requisitos para esta excepción). 1040 easy Si reúne los requisitos para esta excepción, declare sus distribuciones de ganancia de capital directamente en la línea 13 del Formulario 1040 y marque el recuadro en la línea 13. 1040 easy También debe utillizar la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para impuestos sobre dividendos y ganancias de capital), que encontrará en las Instrucciones del Formulario 1040, para calcular su impuesto. 1040 easy Usted pede declarar sus distribuciones de ganancias de capital en la línea 10 del Formulario 1040A, en vez del Formulario 1040, si ninguno de los Formularios 1099-DIV (o declaraciones sustitutivas) que usted recibió indica una cifra en los recuadros 2b, 2c o 2d y usted no tiene que presentar el Formulario 1040. 1040 easy Excepción 2. 1040 easy   Usted tiene que presentar el Anexo D (Formulario 1040), pero por lo general no tiene que presentar el Formulario 8949 si la Excepción 1 no le corresponde y sus únicas ganancias y pérdidas de capital son: Distribuciones de ganancias de capital; Una pérdida de capital trasladada de un año anterior; Una ganancia correspondiente al Formulario 2439 ó 6252, o de la Parte I del Formulario 4797; Una ganancia o pérdida correspondiente al Formulario 4684, 6781 u 8824; Una ganancia o pérdida de una sociedad colectiva, sociedad anónima de tipo S, un caudal hereditario o fideicomiso; Ganancias y pérdidas de transacciones por las cuales usted recibió el Formulario 1099-B (o un documento sustitutivo), el cual muestra las bases informadas al IRS y por lo cual no necesita hacer ningún ajuste en la columna (g) del Formulario 8949 ni anotar ningún código en la columna (f) del Formulario 8949. 1040 easy Ventas a plazos. 1040 easy   No puede utilizar el método de pago a plazos para declarar una ganancia proveniente de la venta de acciones o valores bursátiles cotizados en un mercado de valores bursátiles establecido. 1040 easy Tiene que declarar la totalidad de la ganancia en el año de la venta (el año en el que ocurra la fecha de canje). 1040 easy Ganancias y pérdidas provenientes de una actividad pasiva. 1040 easy    Si tiene pérdidas o ganancias provenientes de una actividad pasiva, es posible que tenga que declararlas también en el Formulario 8582. 1040 easy En ciertos casos, la pérdida puede ser limitada conforme a las reglas de actividad pasiva. 1040 easy Consulte el Formulario 8582 y sus instrucciones correspondientes por separado para obtener información adicional sobre la declaración de ganancias y pérdidas de capital producto de una actividad pasiva. 1040 easy Transacciones que se declaran en el Formulario 1099-B. 1040 easy   Si vendió bienes, como acciones, bonos o ciertos productos de consumo bursátiles, a través de un agente corredor bursátil, éste debe entregarle un Formulario 1099-B o documento sustitutivo. 1040 easy Utilice el Formulario 1099-B o el documento sustitutivo para completar el Formulario 8949. 1040 easy Si usted vendió un valor bursátil garantizado en 2013, su agente corredor bursátil le mandará un Formulario 1099-B (o declaración sustitutiva) que le indica la base. 1040 easy Esto le ayudará a completar el Formulario 8949. 1040 easy Por lo general, los valores bursátiles garantizados son aquéllos que usted adquirió después del año 2010. 1040 easy   Declare las ganancias brutas que aparezcan en el recuadro 2a del Formulario 1099-B como el precio de venta en la columna (d) de la Parte I o la Parte II del Formulario 8949, según le corresponda a su caso. 1040 easy No obstante, si el agente corredor bursátil indica, en el recuadro 2a del Formulario 1099-B, haber declarado al IRS las ganancias brutas (precio de venta) menos comisiones y primas de opciones, anote el precio neto de venta resultante en la columna (d) de la Parte I o de la Parte II del Formulario 8949, según le corresponda a su caso. 1040 easy   Incluya en la columna (g) todo gasto de venta, tal como honorarios de agente corredor bursátil, comisiones, impuestos de traspaso locales y estatales y primas de opciones, a menos que usted haya declarado el precio neto de venta en la columna (d). 1040 easy Si incluye un gasto de venta en la columna (g), anote “E” en la columna (f). 1040 easy Transacciones que se declaran en el Formulario 1099-CAP. 1040 easy   Si es dueño de acciones de una sociedad anónima en cuyo control o estructura de capital haya habido cambios importantes, dicha sociedad debe enviarle el Formulario 1099-CAP o documento sustitutivo. 1040 easy Utilice el Formulario 1099-CAP o documento sustitutivo para completar el Formulario 8949. 1040 easy Si sus cálculos indican que, debido al cambio, usted tendría una pérdida, no anote ninguna cantidad en el Formulario 8949 ni en el Anexo D (Formulario 1040). 1040 easy Esta transacción no le da la posibilidad de declarar una pérdida en el Anexo D (Formulario 1040). 1040 easy   Declare el total de la cantidad recibida indicado en el recuadro 2 del Formulario 1099-CAP como el precio de venta en la columna (d) de la Parte I o de la Parte II del Formulario 8949, según le corresponda a su caso. 1040 easy Transacciones que se declaran en el Formulario 1099-S. 1040 easy   Si vendió o canjeó bienes raíces que han de declararse, normalmente la persona encargada de comunicar transacciones de bienes raíces debe entregarle un Formulario 1099-S en el que se indiquen las ganancias brutas. 1040 easy    “Bienes raíces que han de declararse” son toda participación en una propiedad actual o futura en cualesquiera de los siguientes casos: Terrenos con o sin mejoras, incluido el espacio aéreo; Estructuras intrínsecamente permanentes, incluido todo edificio residencial, comercial o industrial; Una unidad de condominio y sus instalaciones accesorias y elementos comunes, incluido el terreno; y Acciones de cooperativa de viviendas en sociedad anónima (como se define en la sección 216 del Código de Impuestos Internos). 1040 easy   Una “persona encargada de comunicar transacciones de bienes raíces” puede ser el abogado del comprador, el abogado de usted, una compañía de escrituras de propiedad o de cuentas en depósito, un prestamista hipotecario, el agente corredor bursátil de usted, el agente corredor bursátil del comprador o la persona que adquiera la mayor participación en la propiedad. 1040 easy   El Formulario 1099-S indicará las ganancias brutas de la venta o el intercambio en el recuadro 2. 1040 easy Consulte las Instrucciones para el Formulario 8949 y las Instrucciones para el Anexo D (Formulario 1040) para saber cómo se declaran estas transacciones e incluirlas en la Parte I o Parte II del Formulario 8949, tal como le corresponda a su caso. 1040 easy No obstante, declare los intercambios por bienes del mismo tipo en el Formulario 8824. 1040 easy   Es ilegal que una persona encargada de comunicar transacciones de bienes raíces le cobre un cargo por separado por cumplir con el requisito de presentación del Formulario 1099-S. 1040 easy Nominatarios. 1040 easy   Si recibe ganancias brutas como nominatario (es decir, las ganancias brutas están a nombre suyo pero en realidad pertenecen a otra persona), vea las Instrucciones para el Formulario 8949, para saber cómo declarar estas cantidades en el Formulario 8949. 1040 easy Presente el Formulario 1099-B o el Formulario 1099-S al IRS. 1040 easy   Si recibió ganancias brutas en calidad de nominatario en 2013, tiene que presentar al IRS el Formulario 1099-B o el Formulario 1099-S correspondiente a dichas ganancias. 1040 easy Envíe el Formulario 1099-B o el Formulario 1099-S junto con el Formulario 1096, Annual Summary and Transmittal of U. 1040 easy S. 1040 easy Information Returns (Resumen e informe anual de declaraciones informativas de los Estados Unidos), en inglés, al Centro de Servicio del Servicio de Impuestos Internos que le corresponda a más tardar el 28 de febrero de 2014 (31 de marzo de 2014, si presenta el Formulario 1099-B o el Formulario 1099-S por vía electrónica). 1040 easy Entregue la Copia B del Formulario 1099-B o del Formulario 1099-S al verdadero dueño de dichas ganancias a más tardar el 18 de febrero de 2014. 1040 easy En el Formulario 1099-B, usted debe constar como “Payer” (Pagador). 1040 easy El otro dueño debe constar como “Recipient” (Destinatario). 1040 easy En el Formulario 1099-S, usted debe constar como “Filer” (Declarante). 1040 easy El otro dueño debe constar como “Transferor” (Cesionista). 1040 easy No obstante, usted no tiene que presentar el Formulario 1099-B ni el Formulario 1099-S para mostrar las ganancias de su cónyuge. 1040 easy Para más información acerca de los requisitos de presentación de ciertas declaraciones informativas y las multas por no presentar (o facilitar) dichas declaraciones, vea las General Instructions for Certain Information Returns (Instrucciones generales para determinadas declaraciones informativas), en inglés. 1040 easy Si presenta la declaración electrónicamente, vea la Publicación 1220, en inglés. 1040 easy Venta de bienes comprados en diferentes ocasiones. 1040 easy   Si vende un paquete de acciones u otros bienes que haya comprado en diferentes ocasiones, declare la pérdida o ganancia a corto plazo procedente de la venta en una fila de la Parte I del Formulario 8949 y anote la pérdida o ganancia a largo plazo en una fila de la Parte II del Formulario 8949. 1040 easy Escriba “Various” (Varios) en la columna (b) para la “Date acquired” (Fecha de adquisición). 1040 easy Gastos de venta. 1040 easy    En la columna (g) del Formulario 8949, incluya todo gasto de venta, como honorarios de agentes corredores bursátiles, comisiones, impuestos estatales y locales sobre traspasos y primas de opciones, a menos que usted haya declarado el precio neto de ventas en la columna (d). 1040 easy Si usted incluyó un gasto de venta en la columna (g), anote “E” en la columna (f). 1040 easy   Para más información sobre los ajustes a la base, vea el capítulo 13. 1040 easy Ganancias y pérdidas a corto plazo. 1040 easy   Las ganancias o pérdidas de capital sobre la venta o canje de bienes de inversión que haya tenido por 1 año o menos se consideran pérdidas o ganancias de capital a corto plazo. 1040 easy Declárelas en la Parte I del Formulario 8949. 1040 easy   Sume su parte de pérdidas o ganancias de capital a corto plazo provenientes de sociedades colectivas, sociedades anónimas de tipo S, caudales hereditarios y fideicomisos, además de toda pérdida de capital a corto plazo que se haya trasladado de un año anterior, con las demás ganancias y pérdidas de capital a corto plazo para calcular la pérdida o ganancia de capital neta a corto plazo en la línea 7 del Anexo D (Formulario 1040). 1040 easy Ganancias y pérdidas a largo plazo. 1040 easy    Una ganancia o pérdida de capital sobre la venta o canje de bienes de inversión que haya tenido durante más de 1 año se considera ganancia o pérdida de capital a largo plazo. 1040 easy Declárela en la Parte II del Formulario 8949. 1040 easy   Usted debe declarar lo siguiente en la Parte II del Anexo D (Formulario 1040): Ganancias de capital a largo plazo de un fondo mutuo (u otra sociedad inversionista reglamentada) o de una sociedad de inversión inmobiliaria (REIT, por sus siglas en inglés) que no hayan sido distribuidas; Su participación de las ganancias y pérdidas de capital a largo plazo de sociedades colectivas, sociedades anónimas de tipo S, caudales hereditarios y fideicomisos; Toda distribución de ganancia de capital proveniente de fondos mutuos y sociedades de inversión inmobiliaria (REIT) que no se haya declarado directamente en la línea 10 del Formulario 1040A o la línea 13 del Formulario 1040; y Pérdidas de capital a largo plazo trasladadas de un año anterior. 1040 easy    El resultado que se dé después de sumar dichas cantidades con las demás ganancias de capital a largo plazo y restar las pérdidas de capital a largo plazo es la ganancia o pérdida de capital neta a largo plazo (línea 15 del Anexo D (Formulario 1040)). 1040 easy Total de la ganancia o pérdida neta. 1040 easy   Para calcular el total de la ganancia o pérdida neta, sume la ganancia o pérdida de capital neta a corto plazo (línea 7 del Anexo D (Formulario 1040)) con la pérdida o ganancia de capital neta a largo plazo (línea 15 del Anexo D (Formulario 1040)). 1040 easy Anote el resultado en la línea 16 de la Parte III del Anexo D (Formulario 1040). 1040 easy Si tiene pérdidas que sobrepasen las ganancias, vea Pérdidas de Capital , que se encuentra a continuación. 1040 easy Si las líneas 15 y 16 del Anexo D (Formulario 1040) son ganancias y el ingreso sujeto a impuestos en su Formulario 1040 es mayor de cero, vea Tasas Impositivas sobre Ganancias de Capital , más adelante. 1040 easy Pérdidas de Capital Si las pérdidas de capital son mayores que las ganancias de capital, se puede declarar una deducción por pérdida de capital. 1040 easy Declare la cantidad de la deducción en la línea 13 del Formulario 1040, anotándola entre paréntesis. 1040 easy Límite sobre la deducción. 1040 easy   La deducción por ganancia de capital permisible, calculada en el Anexo D (Formulario 1040), es la cantidad que sea menor de las siguientes: $3,000 ($1,500 si es casado y presenta una declaración por separado) o El total de la pérdida neta tal como aparece en la línea 16 del Anexo D (Formulario 1040). 1040 easy   Puede usar el total de la pérdida neta para reducir sus ingresos en una cantidad equivalente, hasta el límite de $3,000. 1040 easy Traslado de pérdida de capital. 1040 easy   Si el total de la pérdida neta en la línea 16 del Anexo D (Formulario 1040) sobrepasa el límite anual de las deducciones de pérdida de capital, puede trasladar al año siguiente la parte sobrante y tratarla como si hubiera incurrido en la misma durante ese próximo año. 1040 easy Si una parte de la pérdida sigue sin usarse, puede trasladarla a años posteriores hasta que se agote. 1040 easy   Cuando calcule una cantidad de pérdida de capital que se trasladará al año siguiente, tiene que tener en cuenta la deducción permisible del año en curso, la haya reclamado o no, e independientemente de si presentó o no una declaración correspondiente al año en curso. 1040 easy   Cuando traslade una pérdida a un año posterior, ésta sigue siendo una pérdida a largo plazo o corto plazo. 1040 easy Una pérdida de capital a largo plazo que usted traslade al año tributario siguiente reducirá las ganancias de capital a largo plazo de dicho año antes de reducir las ganancias de capital a corto plazo de dicho año. 1040 easy Cálculo de la cantidad trasladada al año siguiente. 1040 easy   La cantidad de la pérdida de capital a trasladarse al año siguiente es la cantidad de pérdida neta total que sea mayor que la cantidad menor entre: La deducción por pérdida de capital permisible durante el año o Sus ingresos sujetos a impuestos aumentados por la deducción por pérdida de capital permisible durante el año y la deducción por exenciones personales. 1040 easy   Si las deducciones son mayores que sus ingresos brutos del año tributario, utilice los ingresos negativos sujetos a impuestos al calcular la cantidad en el punto (2). 1040 easy    Complete la Capital Loss Carryover Worksheet (Hoja de trabajo para calcular la pérdida de capital a trasladarse a años posteriores) en las Instrucciones del Anexo D o la Publicación 550, en inglés, para calcular la parte de la pérdida de capital que se pueda trasladar. 1040 easy Ejemplo. 1040 easy Roberto y Gloria vendieron valores bursátiles en 2013. 1040 easy Las ventas dieron por resultado una pérdida de capital de $7,000. 1040 easy No hicieron otras transacciones de capital. 1040 easy Sus ingresos sujetos a impuestos fueron $26,000. 1040 easy En la declaración conjunta de 2013, pueden deducir $3,000. 1040 easy La parte de la pérdida que no usaron, $4,000 ($7,000 − $3,000), se puede trasladar a 2014. 1040 easy Si la pérdida de capital hubiera sido $2,000, la deducción por pérdida de capital también habría sido $2,000. 1040 easy No tendrían cantidad alguna a trasladar al año siguiente. 1040 easy Utilice primero las pérdidas a corto plazo. 1040 easy   Cuando calcule la cantidad a trasladarse al año siguiente, utilice primero las pérdidas de capital a corto plazo, aunque haya incurrido en las mismas después de una pérdida de capital a largo plazo. 1040 easy Si no ha alcanzado el límite de la deducción por pérdidas de capital después de haber utilizado las pérdidas de capital a corto plazo, utilice las pérdidas de capital a largo plazo hasta alcanzar el límite. 1040 easy Pérdida de capital de un difunto. 1040 easy    Una pérdida de capital sufrida por una persona en su último año tributario antes de fallecer (o que se haya traspasado de un año anterior a dicho año) se puede deducir sólo en la última declaración del impuesto sobre el ingreso personal que se presente a nombre del difunto. 1040 easy Los límites de pérdida de capital explicados anteriormente aún corresponden en este caso. 1040 easy El caudal hereditario (patrimonio) del difunto no puede deducir ninguna parte de la pérdida ni trasladarla a años posteriores. 1040 easy Declaraciones conjuntas y separadas. 1040 easy   Si antes usted y su cónyuge presentaban declaraciones por separado y ahora presentan una declaración conjunta, sume las cantidades de pérdida de capital que cada uno de ustedes haya trasladado a un año siguiente. 1040 easy No obstante, si antes usted y su cónyuge presentaban una declaración conjunta y ahora presentan declaraciones por separado, toda pérdida de capital que se haya trasladado a un año siguiente se puede deducir sólo en la declaración del cónyuge que de hecho sufrió la pérdida. 1040 easy Tasas Impositivas sobre Ganancias de Capital Las tasas impositivas correspondientes a una ganancia neta de capital suelen ser más bajas que las que corresponden a otros ingresos. 1040 easy Estas tasas reducidas se conocen como las “tasas máximas de ganancias de capital”. 1040 easy El término “ganancia neta de capital” designa la cantidad por la que la ganancia neta de capital a largo plazo del año supera la pérdida de capital neta a corto plazo. 1040 easy Para el año 2013, las tasas máximas correspondientes a ganancias de capital son 0%, 15%, 20%, 25% y 28%. 1040 easy Vea la Tabla 16-1, para obtener información detallada. 1040 easy Si para calcular el impuesto utiliza las tasas máximas correspondientes a ganancias de capital y el cálculo normal de impuestos le resulta en unos impuestos más bajos, el cálculo normal de impuestos es el que le corresponde. 1040 easy Ejemplo. 1040 easy Su ganancia neta de capital proviene en su totalidad de la venta de artículos coleccionables, por lo tanto, la tasa correspondiente a la ganancia de capital es 28%. 1040 easy Si de otro modo está sujeto a una tasa menor del 28%, la tasa del 28% no corresponde. 1040 easy Deducción de los intereses de inversiones. 1040 easy   Si declara una deducción de intereses de inversiones, tal vez tenga que reducir la cantidad de su ganancia neta de capital que reúna los requisitos para las tasas impositivas sobre ganancias de capital. 1040 easy Réstele la cantidad de la ganancia neta de capital que opte por incluir en los ingresos de inversiones al calcular el límite de la deducción de los mismos. 1040 easy Para hacer esto, se utiliza la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D) en las Instrucciones para el Anexo D (Formulario 1040), en inglés, o la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para los impuestos sobre dividendos calificados y ganancias de capital), que se encuentra en las instrucciones por separado correspondientes a los Formularios 1040 y 1040A, en inglés. 1040 easy Para más información acerca del límite de los intereses procedentes de inversiones, vea Interest Expenses (Gastos de intereses) en el capítulo 3 de la Publicación 550, en inglés. 1040 easy Tabla 16-1. 1040 easy ¿Cuál es la Tasa Máxima de Ganancias de Capital que le Corresponde? SI la ganancia neta de capital se deriva de . 1040 easy . 1040 easy . 1040 easy ENTONCES la  tasa máxima de  ganancia de capital es . 1040 easy . 1040 easy . 1040 easy una ganancia producto de artículos coleccionables 28% una ganancia, la cual reúne los requisitos, sobre acciones de pequeños negocios calificados menos la exclusión conforme a la sección 1202 28% una ganancia conforme a la sección 1250 no recuperada 25% otra ganancia1 y la tasa impositiva normal correspondiente es 39. 1040 easy 6% 20% otra ganancia1 y la tasa impositiva normal correspondiente es 25%, 28%, 33% o 35% 15% otra ganancia1 y la tasa impositiva normal correspondiente es 10% o 15% 0% 1 El término “otra ganancia” significa toda ganancia que no sea una ganancia procedente de artículos coleccionables, ganancia sobre acciones de pequeños negocios calificados o una ganancia conforme a la sección 1250 no recuperada. 1040 easy     Ganancia o pérdida procedente de artículos coleccionables. 1040 easy   Ésta es una ganancia o pérdida que se deriva de la venta o canje de una obra de arte, alfombra, antigüedad, metal (como oro, plata y platino en barras), piedra preciosa, estampilla o sello, moneda o bebida alcohólica que haya tenido más de 1 año. 1040 easy   Se considera que una ganancia procedente de artículos coleccionables abarca las ganancias resultantes de la venta de una participación en una sociedad colectiva, sociedad anónima de tipo S o fideicomiso, generadas por una plusvalía no realizada de dichos artículos coleccionables. 1040 easy Ganancia sobre acciones de pequeños negocios calificados. 1040 easy    Si obtuvo una ganancia de acciones de pequeños negocios calificados y fue dueño de dichas acciones durante más de 5 años, normalmente puede excluir de los ingresos una parte o la totalidad de su ganancia bajo la sección 1202. 1040 easy La ganancia que cumple los requisitos, menos la exclusión conforme a la sección 1202, es una ganancia con una tasa de 28%. 1040 easy Vea Gains on Qualified Small Business Stock (Ganancias de acciones de pequeños negocios calificados) en el capítulo 4 de la Publicación 550, en inglés. 1040 easy Ganancia conforme a la sección 1250 no recuperada. 1040 easy    Por lo general, ésta es toda parte de la ganancia de capital que se haya originado por la venta de bienes conforme a la sección 1250 (bienes raíces) debido a depreciación (pero no más que la ganancia neta conforme a la sección 1231) menos toda pérdida neta en el grupo del 28%. 1040 easy Use la Unrecaptured Section 1250 Gain Worksheet (Hoja de trabajo de ganancias no recuperadas conforme a la sección 1250) de las Instrucciones del Anexo D (Formulario 1040), en inglés, para calcular la ganancia no recuperada conforme a la sección 1250. 1040 easy Para más información sobre bienes conforme a la sección 1250 y ganancias conforme a la sección 1231, vea el capítulo 3 de la Publicación 544, en inglés. 1040 easy Cálculo de los impuestos a base de las tasas máximas de ganancias de capital. 1040 easy   Utilice la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para los impuestos sobre dividendos calificados y ganancias de capital) o la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D), la que corresponda, para calcular su impuesto si ha recibido dividendos calificados o ganancia neta de capital. 1040 easy Tiene ganancia neta de capital si las cantidades de las líneas 15 y 16 del Anexo D ambas son ganancias. 1040 easy Hoja de trabajo para los impuestos del Anexo D. 1040 easy   Utilice la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D) que se encuentra en las Instrucciones del Anexo D (Formulario 1040) para calcular el impuesto si se dan las siguientes condiciones: Tiene que presentar el Anexo D (Formulario 1040) y La cantidad de la línea 18 (ganancia a una tasa de 28%) o la línea 19 (ganancia no recuperada conforme a la sección 1250) del Anexo D (Formulario 1040) es mayor de cero. 1040 easy Hoja de trabajo para el impuesto sobre dividendos calificados y ganancias de capital. 1040 easy   Utilice la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para el impuesto sobre los dividendos calificados y ganancias de capital) de las instrucciones del Formulario 1040 o Formulario 1040A (el que presente) para calcular el impuesto si no tiene que utilizar la Hoja de trabajo para los impuestos del Anexo D (como se explica anteriormente) y corresponde cualquiera de los siguientes puntos: Recibió dividendos calificados. 1040 easy (Vea Dividendos Calificados en el capítulo 8). 1040 easy No tiene que presentar el Anexo D (Formulario 1040) y recibió distribuciones de ganancias de capital. 1040 easy (Vea Excepciones a la presentación del Formulario 8949 y el Anexo D (Formulario 1040) , anteriormente). 1040 easy Las cantidades de las líneas 15 y 16 del Anexo D (Formulario 1040) son mayores de cero. 1040 easy Impuesto mínimo alternativo. 1040 easy   Estas tasas de ganancias de capital se utilizan también para calcular el impuesto mínimo alternativo. 1040 easy Prev  Up  Next   Home   More Online Publications