File your Taxes for Free!
  • Get your maximum refund*
  • 100% accurate calculations guaranteed*

TurboTax Federal Free Edition - File Taxes Online

Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!

Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.


© 2012 - 2018 All rights reserved.

This is an Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among other are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
When discussing "Free e-file", note that state e-file is an additional fee. E-file fees do not apply to New York state returns. Prices are subject to change without notice. E-file and get your refund faster
*If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
*Maximum Refund Guarantee - or Your Money Back: If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.99 and a refund of your state purchase price paid. Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/15/14. E-file, Audit Defense, Professional Review, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee. *We're so confident your return will be done right, we guarantee it. Accurate calculations guaranteed. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
https://turbotax.intuit.com/corp/guarantees.jsp

1040express

Can You File State Taxes For FreeHow To File 2012 Federal Tax ReturnHow To File Tax ReturnCan I Amend My Tax ReturnHr Block OnlineFree Tax Extension OnlineH&r Block Free MilitaryEfile TaxesPrintable 1040ez FormFile 2005 Taxes Online Free1040x Turbotax OnlineTurbotax 1040ez FreeH&r Block Free State FileCan I File 2012 And 2013 Taxes TogetherAmend Federal Tax Return FreeIrs Form 1040ez InstructionsCan You Do State Taxes For Free1040es FormIrs Forms 1040ez 2011Cheapest State Tax FilingFree Hr BlockH And R Block Amended ReturnH&r Block OnlineFree Tax FilingStudent Filing Taxes 2013Instructions For Form 1040ez1040 Ez 2012Free Online Income Tax FilingTurbotax 1040xForm1040xHrblock FreeHow To File 2011 Taxes In 2013Taxslayer Com LoginFile State Taxes OnlyNeed Amend My 2009 TaxesIncome Tax Return 1040ezMilitary Income TaxTax Planning Us 1040File Income Tax OnlineTax Form 2010

1040express

1040express 5. 1040express   Manufacturers Taxes Table of Contents Importer. 1040express Use considered sale. 1040express Lease considered sale. 1040express Bonus goods. 1040express Taxable Event ExemptionsRequirements for Exempt Sales Credits or Refunds Sport Fishing EquipmentRelated person. 1040express Bows, Quivers, Broadheads, and Points Arrow ShaftsExemption for certain wooden arrows. 1040express CoalExported. 1040express Taxable TiresQualifying intercity or local bus. 1040express Qualifying school bus. 1040express Gas Guzzler TaxVehicles not subject to tax. 1040express Imported automobiles. 1040express VaccinesConditions to allowance. 1040express Taxable Medical Devices The following discussion of manufacturers taxes applies to the tax on: Sport fishing equipment; Fishing rods and fishing poles; Electric outboard motors; Fishing tackle boxes; Bows, quivers, broadheads, and points; Arrow shafts; Coal; Taxable tires; Gas guzzler automobiles; and Vaccines. 1040express Manufacturer. 1040express   The term “manufacturer” includes a producer or importer. 1040express A manufacturer is any person who produces a taxable article from new or raw material, or from scrap, salvage, or junk material, by processing or changing the form of an article or by combining or assembling two or more articles. 1040express If you furnish the materials and keep title to those materials and to the finished article, you are considered the manufacturer even though another person actually manufactures the taxable article. 1040express   A manufacturer who sells a taxable article in knockdown (unassembled) condition is liable for the tax. 1040express The person who buys these component parts and assembles a taxable article may also be liable for tax as a further manufacturer depending on the labor, material, and overhead required to assemble the completed article if the article is assembled for business use. 1040express Importer. 1040express   An importer is a person who brings a taxable article into the United States, or withdraws a taxable article from a customs bonded warehouse for sale or use in the United States. 1040express Sale. 1040express   A sale is the transfer of the title to, or the substantial incidents of ownership in, an article to a buyer for consideration that may consist of money, services, or other things. 1040express Use considered sale. 1040express   A manufacturer who uses a taxable article is liable for the tax in the same manner as if it were sold. 1040express Lease considered sale. 1040express   The lease of an article (including any renewal or extension of the lease) by the manufacturer is generally considered a taxable sale. 1040express However, for the gas guzzler tax, only the first lease (excluding any renewal or extension) of the automobile by the manufacturer is considered a sale. 1040express Manufacturers taxes based on sale price. 1040express   The manufacturers taxes imposed on the sale of sport fishing equipment, electric outboard motors, and bows are based on the sale price of the article. 1040express The taxes imposed on coal are based either on the sale price or the weight. 1040express   The price for which an article is sold includes the total consideration paid for the article, whether that consideration is in the form of money, services, or other things. 1040express However, you include certain charges made when a taxable article is sold and you exclude others. 1040express To figure the price on which you base the tax, use the following rules. 1040express Include both the following charges in the price. 1040express Any charge for coverings or containers (regardless of their nature). 1040express Any charge incident to placing the article in a condition packed ready for shipment. 1040express Exclude all the following amounts from the price. 1040express The manufacturers excise tax, whether or not it is stated as a separate charge. 1040express The transportation charges pursuant to the sale. 1040express The cost of transportation of goods to a warehouse before their bona fide sale is not excludable. 1040express Delivery, insurance, installation, retail dealer preparation charges, and other charges you incur in placing the article in the hands of the purchaser under a bona fide sale. 1040express Discounts, rebates, and similar allowances actually granted to the purchaser. 1040express Local advertising charges. 1040express A charge made separately when the article is sold and that qualifies as a charge for “local advertising” may, within certain limits, be excluded from the sale price. 1040express Charges for warranty paid at the purchaser's option. 1040express However, a charge for a warranty of an article that the manufacturer requires the purchaser to pay to obtain the article is included in the sale price on which the tax is figured. 1040express Bonus goods. 1040express   Allocate the sale price if you give free nontaxable goods with the purchase of taxable merchandise. 1040express Figure the tax only on the sale price attributable to the taxable articles. 1040express Example. 1040express A manufacturer sells a quantity of taxable articles and gives the purchaser certain nontaxable articles as a bonus. 1040express The sale price of the shipment is $1,500. 1040express The normal sale price is $2,000: $1,500 for the taxable articles and $500 for the nontaxable articles. 1040express Since the taxable items represent 75% of the normal sale price, the tax is based on 75% of the actual sale price, or $1,125 (75% of $1,500). 1040express The remaining $375 is allocated to the nontaxable articles. 1040express Taxable Event Tax attaches when the title to the article sold passes from the manufacturer to the buyer. 1040express When the title passes depends on the intention of the parties as gathered from the contract of sale. 1040express In the absence of expressed intention, the legal rules of presumption followed in the jurisdiction where the sale occurs determine when title passes. 1040express If the taxable article is used by the manufacturer, the tax attaches at the time use begins. 1040express The manufacturer is liable for the tax. 1040express Partial payments. 1040express   The tax applies to each partial payment received when taxable articles are: Leased, Sold conditionally, Sold on installment with chattel mortgage, or Sold on installment with title to pass in the future. 1040express To figure the tax, multiply the partial payment by the tax rate in effect at the time of the payment. 1040express Exemptions The following sales by the manufacturer are exempt from the manufacturers tax. 1040express Sale of an article to a state or local government for the exclusive use of the state or local government. 1040express This exemption does not apply to the taxes on coal, gas guzzlers, and vaccines. 1040express State is defined in Definitions in chapter 1. 1040express Sale of an article to a nonprofit educational organization for its exclusive use. 1040express This exemption does not apply to the taxes on coal, gas guzzlers, and vaccines. 1040express Nonprofit educational organization is defined under Communications Tax in chapter 4. 1040express Sale of an article to a qualified blood collector organization. 1040express This exemption does not apply to gas guzzlers, recreational equipment, and vaccines. 1040express Qualified blood collector organizations are defined under Communications Tax in chapter 4. 1040express Sale of an article for use by the purchaser as supplies for vessels. 1040express This exemption does not apply to the taxes on coal and vaccines. 1040express Supplies for vessels means ships' stores, sea stores, or legitimate equipment on vessels of war of the United States or any foreign nation, vessels employed in the fisheries or whaling business, or vessels actually engaged in foreign trade. 1040express Sale of an article for use by the purchaser for further manufacture, or for resale by the purchaser to a second purchaser for use by the second purchaser for further manufacture. 1040express This exemption does not apply to the tax on coal and tires. 1040express Use for further manufacture means use in the manufacture or production of an article subject to the manufacturers excise taxes. 1040express If you buy articles tax free and resell or use them other than in the manufacture of another article, you are liable for the tax on their resale or use just as if you had manufactured and sold them. 1040express Sale of an article for export or for resale by the purchaser to a second purchaser for export. 1040express The article may be exported to a foreign country or to a possession of the United States. 1040express A vaccine shipped to a possession of the United States is not considered to be exported. 1040express If an article is sold tax free for export and the manufacturer does not receive proof of export, described later, the manufacturer is liable for the tax. 1040express Sales of articles of native Indian handicraft, such as bows and arrow shafts, manufactured by Indians on reservations, in Indian schools, or under U. 1040express S. 1040express jurisdiction in Alaska. 1040express For tire exemptions, see section 4221(e)(2). 1040express Requirements for Exempt Sales The following requirements must be met for a sale to be exempt from the manufacturers tax. 1040express Registration requirements. 1040express   The manufacturer, first purchaser, and second purchaser in the case of resales must be registered. 1040express See the Form 637 instructions for more information. 1040express Exceptions to registration requirements. 1040express   Registration is not required for: State or local governments, Foreign purchasers of articles sold or resold for export, The United States, or Parties to a sale of supplies for vessels and aircraft. 1040express Certification requirement. 1040express   If the purchaser is required to be registered, the purchaser must give the manufacturer its registration number and certify the exempt purpose for which the article will be used. 1040express The information must be in writing and may be noted on the purchase order or other document furnished by the purchaser to the seller in connection with the sale. 1040express   For a sale to a state or local government, an exemption certificate must be signed by an officer or employee authorized by the state or local government. 1040express See Regulations section 48. 1040express 4221-5(c) for the certificate requirements. 1040express   For sales for use as supplies for vessels and aircraft, if the manufacturer and purchaser are not registered, the owner or agent of the vessel must provide an exemption certificate to the manufacturer before or at the time of sale. 1040express See Regulations section 48. 1040express 4221-4(d) for the certificate requirements. 1040express Proof of export requirement. 1040express   Within 6 months of the date of sale or shipment by the manufacturer, whichever is earlier, the manufacturer must receive proof of exportation. 1040express See Regulations section 48. 1040express 4221-3(d) for evidence that qualifies as proof of exportation. 1040express Proof of resale for further manufacture requirement. 1040express   Within 6 months of the date of sale or shipment by the manufacturer, whichever is earlier, the manufacturer must receive proof that the article has been resold for use in further manufacture. 1040express See Regulations section 48. 1040express 4221-2(c) for evidence that qualifies as proof of resale. 1040express Information to be furnished to purchaser. 1040express   The manufacturer must indicate to the purchaser that the articles normally would be subject to tax and are being sold tax free for an exempt purpose because the purchaser has provided the required certificate. 1040express Credits or Refunds The manufacturer may be eligible to obtain a credit or refund of the manufacturers tax for certain uses, sales, exports, and price readjustments. 1040express The claim must set forth in detail the facts upon which the claim is based. 1040express Uses, sales, and exports. 1040express   A credit or refund (without interest) of the manufacturers taxes may be allowable if a tax-paid article is, by any person: Exported, Used or sold for use as supplies for vessels (except for coal and vaccines), Sold to a state or local government for its exclusive use (except for coal, gas guzzlers, and vaccines), Sold to a nonprofit educational organization for its exclusive use (except for coal, gas guzzlers, and vaccines), Sold to a qualified blood collector organization for its exclusive use (except for gas guzzlers, recreational equipment, and vaccines), or Used for further manufacture of another article subject to the manufacturers taxes (except for coal). 1040express Export. 1040express   If a tax-paid article is exported, the exporter or shipper may claim a credit or refund if the manufacturer waives its right to claim the credit or refund. 1040express In the case of a tax-paid article used to make another taxable article, the subsequent manufacturer may claim the credit or refund. 1040express Price readjustments. 1040express   In addition, a credit or refund (without interest) may be allowable for a tax-paid article for which the price is readjusted by reason of return or repossession of the article or a bona fide discount, rebate, or allowance for taxes based on price. 1040express Conditions to allowance. 1040express   To claim a credit or refund in the case of export; supplies for vessels; or sales to a state or local government, nonprofit educational organization, or qualified blood collector organization; the person who paid the tax must certify on the claim that one of the following applies and that the claimant has the required supporting information. 1040express The claimant sold the article at a tax-excluded price. 1040express The person has repaid, or agreed to repay, the tax to the ultimate vendor of the article. 1040express The person has obtained the written consent of the ultimate vendor to make the claim. 1040express The ultimate vendor generally is the seller making the sale that gives rise to the overpayment of tax. 1040express Claim for further manufacture. 1040express   To claim a credit or refund for further manufacture, the claimant must include a statement that contains the following. 1040express The name and address of the manufacturer and the date of payment. 1040express An identification of the article for which the credit or refund is claimed. 1040express The amount of tax paid on the article and the date on which it was paid. 1040express Information indicating that the article was used as material in the manufacture or production of, or as a component part of, a second article manufactured or produced by the manufacturer, or was sold on or in connection with, or with the sale of a second article manufactured or produced by the manufacturer. 1040express An identification of the second article. 1040express   For claims by the exporter or shipper, the claim must contain the proof of export and a statement signed by the person that paid the tax waiving the right to claim a credit or refund. 1040express The statement must include the amount of tax paid, the date of payment, and the office to which it was paid. 1040express Claim for price readjustment. 1040express   To claim a credit or refund for a price readjustment, the person who paid the tax must include with the claim, a statement that contains the following. 1040express A description of the circumstances that gave rise to the price readjustment. 1040express An identification of the article whose price was readjusted. 1040express The price at which the article was sold. 1040express The amount of tax paid on the article and the date on which it was paid. 1040express The name and address of the purchaser. 1040express The amount repaid to the purchaser or credited to the purchaser's account. 1040express Sport Fishing Equipment A tax of 10% of the sale price is imposed on many articles of sport fishing equipment sold by the manufacturer. 1040express This includes any parts or accessories sold on or in connection with the sale of those articles. 1040express Pay this tax with Form 720. 1040express No tax deposits are required. 1040express Sport fishing equipment includes all the following items. 1040express Fishing rods and poles (and component parts), fishing reels, fly fishing lines, and other fishing lines not over 130 pounds test, fishing spears, spear guns, and spear tips. 1040express Items of terminal tackle, including leaders, artificial lures, artificial baits, artificial flies, fishing hooks, bobbers, sinkers, snaps, drayles, and swivels (but not including natural bait or any item of terminal tackle designed for use and ordinarily used on fishing lines not described in (1)). 1040express The following items of fishing supplies and accessories: fish stringers, creels, bags, baskets, and other containers designed to hold fish, portable bait containers, fishing vests, landing nets, gaff hooks, fishing hook disgorgers, and dressing for fishing lines and artificial flies. 1040express Fishing tip-ups and tilts. 1040express Fishing rod belts, fishing rodholders, fishing harnesses, fish fighting chairs, fishing outriggers, and fishing downriggers. 1040express See Revenue Ruling 88-52 in Cumulative Bulletin 1988-1 for a more complete description of the items of taxable equipment. 1040express Fishing rods and fishing poles. 1040express   The tax on fishing rods and fishing poles (and component parts) is 10% of the sales price not to exceed $10 per article. 1040express The tax is paid by the manufacturer, producer, or importer. 1040express Fishing tackle boxes. 1040express   The tax on fishing tackle boxes is 3% of the sales price. 1040express The tax is paid by the manufacturer, producer, or importer. 1040express Electric outboard boat motors. 1040express   A tax of 3% of the sale price is imposed on the sale by the manufacturer of electric outboard motors. 1040express This includes any parts or accessories sold on or in connection with the sale of those articles. 1040express Certain equipment resale. 1040express   The tax on the sale of sport fishing equipment is imposed a second time under the following circumstances. 1040express If the manufacturer sells a taxable article to any person, the manufacturer is liable for the tax. 1040express If the purchaser or any other person then sells it to a person who is related (discussed next) to the manufacturer, that related person is liable for a second tax on any subsequent sale of the article. 1040express The second tax, however, is not imposed if the constructive sale price rules under section 4216(b) apply to the sale by the manufacturer. 1040express   If the second tax is imposed, a credit for tax previously paid by the manufacturer is available provided the related person can document the tax paid. 1040express The documentation requirement is generally satisfied only through submission of copies of actual records of the person that previously paid the tax. 1040express Related person. 1040express   For the tax on sport fishing equipment, a person is a related person of the manufacturer if that person and the manufacturer have a relationship described in section 465(b)(3)(C). 1040express Bows, Quivers, Broadheads, and Points The tax on bows is 11% (. 1040express 11) of the sales price. 1040express The tax is paid by the manufacturer, producer, or importer. 1040express It applies to bows having a peak draw weight of 30 pounds or more. 1040express The tax is also imposed on the sale of any part or accessory suitable for inclusion in or attachment to a taxable bow and any quiver, broadhead, or point suitable for use with arrows described below. 1040express Pay this tax with Form 720. 1040express No tax deposits are required. 1040express Arrow Shafts The tax on arrow shafts is listed on Form 720. 1040express The tax is paid by the manufacturer, producer, or importer of any arrow shaft (whether sold separately or incorporated as part of a finished or unfinished product) of a type used in the manufacture of any arrow that after its assembly meets either of the following conditions. 1040express It measures 18 inches or more in overall length. 1040express It measures less than 18 inches in overall length but is suitable for use with a taxable bow, described earlier. 1040express Exemption for certain wooden arrows. 1040express   After October 3, 2008, the tax does not apply to any shaft made of all natural wood with no laminations or artificial means of enhancing the spine of such shaft (whether sold separately or incorporated as part of a finished or unfinished product) and used in the manufacture of any arrow that after its assembly meets both of the following conditions. 1040express It measures 5/16 of an inch or less in diameter. 1040express It is not suitable for use with a taxable bow, described earlier. 1040express Pay this tax with Form 720. 1040express No tax deposits are required. 1040express Coal A tax is imposed on the first sale of coal mined in the United States. 1040express The producer of the coal is liable for the tax. 1040express The producer is the person who has vested ownership of the coal under state law immediately after the coal is severed from the ground. 1040express Determine vested ownership without regard to any contractual arrangement for the sale or other disposition of the coal or the payment of any royalties between the producer and third parties. 1040express A producer includes any person who extracts coal from coal waste refuse piles (or from the silt waste product that results from the wet washing of coal). 1040express The tax is not imposed on coal extracted from a riverbed by dredging if it can be shown that the coal has been taxed previously. 1040express Tax rates. 1040express   The tax on underground-mined coal is the lower of: $1. 1040express 10 a ton, or 4. 1040express 4% of the sale price. 1040express   The tax on surface-mined coal is the lower of: 55 cents a ton, or 4. 1040express 4% of the sale price. 1040express   Coal will be taxed at the 4. 1040express 4% rate if the selling price is less than $25 a ton for underground-mined coal and less than $12. 1040express 50 a ton for surface-mined coal. 1040express Apply the tax proportionately if a sale or use includes a portion of a ton. 1040express Example. 1040express If you sell 21,000 pounds (10. 1040express 5 tons) of coal from an underground mine for $525, the price per ton is $50. 1040express The tax is $1. 1040express 10 × 10. 1040express 5 tons ($11. 1040express 55). 1040express Coal production. 1040express   Coal is produced from surface mines if all geological matter (trees, earth, rock) above the coal is removed before the coal is mined. 1040express Treat coal removed by auger and coal reclaimed from coal waste refuse piles as produced from a surface mine. 1040express   Treat coal as produced from an underground mine when the coal is not produced from a surface mine. 1040express In some cases, a single mine may yield coal from both surface mining and underground mining. 1040express Determine if the coal is from a surface mine or an underground mine for each ton of coal produced and not on a mine-by-mine basis. 1040express Determining tonnage or selling price. 1040express   The producer pays the tax on coal at the time of sale or use. 1040express In figuring the selling price for applying the tax, the point of sale is f. 1040express o. 1040express b. 1040express (free on board) mine or f. 1040express o. 1040express b. 1040express cleaning plant if you clean the coal before selling it. 1040express This applies even if you sell the coal for a delivered price. 1040express The f. 1040express o. 1040express b. 1040express mine or f. 1040express o. 1040express b. 1040express cleaning plant is the point at which you figure the number of tons sold for applying the applicable tonnage rate, and the point at which you figure the sale price for applying the 4. 1040express 4% rate. 1040express   The tax applies to the full amount of coal sold. 1040express However, the IRS allows a calculated reduction of the taxable weight of the coal for the weight of the moisture in excess of the coal's inherent moisture content. 1040express Include in the sale price any additional charge for a freeze-conditioning additive in figuring the tax. 1040express   Do not include in the sales price the excise tax imposed on coal. 1040express Coal used by the producer. 1040express   The tax on coal applies if the coal is used by the producer in other than a mining process. 1040express A mining process means the same for this purpose as for percentage depletion. 1040express For example, the tax does not apply if, before selling the coal, you break it, clean it, size it, or apply any other process considered mining under the rules for depletion. 1040express In this case, the tax applies only when you sell the coal. 1040express The tax does not apply to coal used as fuel in the coal drying process since it is considered to be used in a mining process. 1040express However, the tax does apply when you use the coal as fuel or as an ingredient in making coke since the coal is not used in a mining process. 1040express   You must use a constructive sale price to figure the tax under the 4. 1040express 4% rate if you use the coal in other than a mining process. 1040express Base your constructive sale price on sales of a like kind and grade of coal by you or other producers made f. 1040express o. 1040express b. 1040express mine or cleaning plant. 1040express Normally, you use the same constructive price used to figure your percentage depletion deduction. 1040express Blending. 1040express   If you blend surface-mined coal with underground-mined coal during the cleaning process, you must figure the excise tax on the sale of the blended, cleaned coal. 1040express Figure the tax separately for each type of coal in the blend. 1040express Base the tax on the amount of each type in the blend if you can determine the proportion of each type of coal contained in the final blend. 1040express Base the tax on the ratio of each type originally put into the cleaning process if you cannot determine the proportion of each type of coal in the blend. 1040express However, the tax is limited to 4. 1040express 4% of the sale price per ton of the blended coal. 1040express Exemption from tax. 1040express   The tax does not apply to sales of lignite and imported coal. 1040express The only other exemption from the tax on the sale of coal is for coal exported as discussed next. 1040express Exported. 1040express   The tax does not apply to the sale of coal if the coal is in the stream of export when sold by the producer and the coal is actually exported. 1040express   Coal is in the stream of export when sold by the producer if the sale is a step in the exportation of the coal to its ultimate destination in a foreign country. 1040express For example, coal is in the stream of export when: The coal is loaded on an export vessel and title is transferred from the producer to a foreign purchaser, or The producer sells the coal to an export broker in the United States under terms of a contract showing that the coal is to be shipped to a foreign country. 1040express   Proof of export includes any of the following items. 1040express A copy of the export bill of lading issued by the delivering carrier. 1040express A certificate signed by the export carrier's agent or representative showing actual exportation of the coal. 1040express A certificate of landing signed by a customs officer of the foreign country to which the coal is exported. 1040express If the foreign country does not have a customs administrator, a statement of the foreign consignee showing receipt of the coal. 1040express Taxable Tires Taxable tires are divided into three categories for reporting and figuring the tax as described below. 1040express A tax is imposed on taxable tires sold by the manufacturer, producer, or importer at the rate of $. 1040express 0945 ($. 1040express 04725 in the case of a biasply tire or super single tire) for each 10 pounds of the maximum rated load capacity over 3,500 pounds. 1040express The three categories for reporting the tax and the tax rate are listed below. 1040express Taxable tires other than biasply or super single tires at $. 1040express 0945. 1040express Taxable tires, biasply or super single tires (other than super single tires designed for steering) at $. 1040express 04725. 1040express Taxable tires, super single tires designed for steering at $. 1040express 0945. 1040express A taxable tire is any tire of the type used on highway vehicles if wholly or partially made of rubber and if marked according to federal regulations for highway use. 1040express A biasply tire is a pneumatic tire on which the ply cords that extend to the beads are laid at alternate angles substantially less than 90 degrees to the centerline of the tread. 1040express A super single tire is a tire greater than 13 inches in cross section width designed to replace 2 tires in a dual fitment. 1040express Special rule, manufacturer's retail stores. 1040express   The excise tax on taxable tires is imposed at the time the taxable tires are delivered to the manufacturer-owned retail stores, not at the time of sale. 1040express Tires on imported articles. 1040express   The importer of an article equipped with taxable tires is treated as the manufacturer of the tires and is liable for the taxable tire excise tax when the article is sold (except in the case of an automobile bus chassis or body with tires). 1040express Tires exempt from tax. 1040express   The tax on taxable tires does not apply to the following items. 1040express Domestically recapped or retreaded tires if the tires have been sold previously in the United States and were taxable tires at the time of sale. 1040express Tire carcasses not suitable for commercial use. 1040express Tires for use on qualifying intercity, local, and school buses. 1040express For tax-free treatment, the registration requirements discussed earlier under Requirements for Exempt Sales apply. 1040express Tires sold for the exclusive use of the Department of Defense or the Coast Guard. 1040express Tires of a type used exclusively on mobile machinery. 1040express A taxable tire used on mobile machinery is not exempt from tax. 1040express Qualifying intercity or local bus. 1040express   This is any bus used mainly (more than 50%) to transport the general public for a fee and that either operates on a schedule along regular routes or seats at least 20 adults (excluding the driver). 1040express Qualifying school bus. 1040express   This is any bus substantially all the use (85% or more) of which is to transport students and employees of schools. 1040express Credit or refund. 1040express   A credit or refund (without interest) is allowable on tax-paid tires if the tires have been: Exported; Sold to a state or local government for its exclusive use; Sold to a nonprofit educational organization for its exclusive use (as defined under Communications Tax in chapter 4); Sold to a qualified blood collector organization (as defined under Communications Tax in chapter 4) for its exclusive use in connection with a vehicle the organization certifies will be primarily used in the collection, storage, or transportation of blood; Used or sold for use as supplies for vessels; or Sold in connection with qualified intercity, local, or school buses. 1040express   Also, a credit or refund (without interest) is allowable on tax-paid tires sold by any person on, or in connection with, any other article that is sold or used in an activity listed above. 1040express   The person who paid the tax is eligible to make the claim. 1040express Gas Guzzler Tax Tax is imposed on the sale by the manufacturer of automobiles of a model type that has a fuel economy standard as measured by the Environmental Protection Agency (EPA) of less than 22. 1040express 5 miles per gallon. 1040express If you import an automobile for personal use, you may be liable for this tax. 1040express Figure the tax on Form 6197, as discussed later. 1040express The tax rate is based on fuel economy rating. 1040express The tax rates for the gas guzzler tax are shown on Form 6197. 1040express A person that lengthens an existing automobile is the manufacturer of an automobile. 1040express Automobiles. 1040express   An automobile (including limousines) means any four-wheeled vehicle that is: Rated at an unloaded gross vehicle weight of 6,000 pounds or less, Propelled by an engine powered by gasoline or diesel fuel, and Intended for use mainly on public streets, roads, and highways. 1040express Vehicles not subject to tax. 1040express   For the gas guzzler tax, the following vehicles are not considered automobiles. 1040express Limousines with a gross unloaded vehicle weight of more than 6,000 pounds. 1040express Vehicles operated exclusively on a rail or rails. 1040express Vehicles sold for use and used primarily: As ambulances or combination ambulance-hearses, For police or other law enforcement purposes by federal, state, or local governments, or For firefighting purposes. 1040express Vehicles treated under 49 U. 1040express S. 1040express C. 1040express 32901 (1978) as non-passenger automobiles. 1040express This includes limousines manufactured primarily to transport more than 10 persons. 1040express   The manufacturer can sell a vehicle described in item (3) tax free only when the sale is made directly to a purchaser for the described emergency use and the manufacturer and purchaser (other than a state or local government) are registered. 1040express   Treat an Indian tribal government as a state only if the police or other law enforcement purposes are an essential tribal government function. 1040express Model type. 1040express   Model type is a particular class of automobile as determined by EPA regulations. 1040express Fuel economy. 1040express   Fuel economy is the average number of miles an automobile travels on a gallon of gasoline (or diesel fuel) rounded to the nearest 0. 1040express 1 mile as figured by the EPA. 1040express Imported automobiles. 1040express   The tax also applies to automobiles that do not have a prototype-based fuel economy rating assigned by the EPA. 1040express An automobile imported into the United States without a certificate of conformity to United States emission standards and that has no assigned fuel economy rating must be either: Converted by installation of emission controls to conform in all material respects to an automobile already certified for sale in the United States, or Modified by installation of emission control components and individually tested to demonstrate emission compliance. 1040express   An imported automobile that has been converted to conform to an automobile already certified for sale in the United States may use the fuel economy rating assigned to that certified automobile. 1040express   A fuel economy rating is not generally available for modified imported automobiles because the EPA does not require a highway fuel economy test on them. 1040express A separate highway fuel economy test would be required to devise a fuel economy rating (otherwise the automobile is presumed to fall within the lowest fuel economy rating category). 1040express   For more information about fuel economy ratings for imported automobiles, see Revenue Ruling 86-20 and Revenue Procedure 86-9 in Cumulative Bulletin 1986-1, and Revenue Procedure 87-10 in Cumulative Bulletin 1987-1. 1040express Exemptions. 1040express   No one is exempt from the gas guzzler tax, including the federal government, state and local governments, qualified blood collector organizations, and nonprofit educational organizations. 1040express However, see Vehicles not subject to tax, earlier. 1040express Form 6197. 1040express   Use Form 6197 to figure your tax liability for each quarter. 1040express Attach Form 6197 to your Form 720 for the quarter. 1040express See the Form 6197 instructions for more information and the one-time filing rules. 1040express Credit or refund. 1040express   If the manufacturer paid the tax on a vehicle that is used or resold for an emergency use (see item (3) under Vehicles not subject to tax), the manufacturer can claim a credit or refund. 1040express For information about how to file for credits or refunds, see the Instructions for Form 720 or Form 8849. 1040express Vaccines Tax is imposed on certain vaccines sold by the manufacturer in the United States. 1040express A taxable vaccine means any of the following vaccines. 1040express Any vaccine containing diphtheria toxoid. 1040express Any vaccine containing tetanus toxoid. 1040express Any vaccine containing pertussis bacteria, extracted or partial cell bacteria, or specific pertussis antigens. 1040express Any vaccine containing polio virus. 1040express Any vaccine against measles. 1040express Any vaccine against mumps. 1040express Any vaccine against rubella. 1040express Any vaccine against hepatitis A. 1040express Any vaccine against hepatitis B. 1040express Any vaccine against chicken pox. 1040express Any vaccine against rotavirus gastroenteritis. 1040express Any HIB vaccine. 1040express Any conjugate vaccine against streptococcus pneumoniae. 1040express Any trivalent vaccine against influenza or any other vaccine against influenza. 1040express Any meningococcal vaccine. 1040express Any vaccine against the human papillomavirus. 1040express The effective date for the tax on any vaccine against influenza, other than trivalent influenza vaccines, is the later of August 1, 2013, or the date the Secretary of Health and Human Services lists a vaccine against seasonal influenza for purposes of compensation for any vaccine-related injury or death through the Vaccine Injury Compensation Trust Fund. 1040express The tax is $. 1040express 75 per dose of each taxable vaccine. 1040express The tax per dose on a vaccine that contains more than one taxable vaccine is $. 1040express 75 times the number of taxable vaccines. 1040express Taxable use. 1040express   Any manufacturer (including a governmental entity) that uses a taxable vaccine before it is sold will be liable for the tax in the same manner as if the vaccine was sold by the manufacturer. 1040express Credit or refund. 1040express   A credit or refund (without interest) is available if the vaccine is: Returned to the person who paid the tax (other than for resale), or Destroyed. 1040express The claim for a credit or refund must be filed within 6 months after the vaccine is returned or destroyed. 1040express Conditions to allowance. 1040express   To claim a credit or refund, the person who paid the tax must have repaid or agreed to repay the tax to the ultimate purchaser of the vaccine or obtained the written consent of such purchaser to allowance of the credit or refund. 1040express Taxable Medical Devices Taxable medical devices. 1040express   The tax on the sale of certain medical devices by the manufacturer, producer, or importer of the device is 2. 1040express 3% (. 1040express 023) of the sales price. 1040express A taxable medical device is a device that is listed as a device with the Food and Drug Administration (FDA) under section 510(j) of the Federal Food, Drug, and Cosmetic Act and 21 CFR part 807, pursuant to FDA requirements. 1040express There are specific exemptions for eyeglasses, contact lenses, and hearing aids. 1040express There is also an exemption for devices that are determined by the Secretary to be of a type that are generally purchased by the general public at retail for individual use (this exemption is known as the retail exemption). 1040express See T. 1040express D. 1040express 9604 for information on how to determine whether a device falls within the retail exemption, and examples of how a taxpayer might evaluate a given device. 1040express More information. 1040express   For more information on the medical device tax, see section 4191, T. 1040express D. 1040express 9604, and Notice 2012-77. 1040express You can find T. 1040express D. 1040express 9604 and Notice 2012-77 on pages 730 and 781, respectively, of I. 1040express R. 1040express B. 1040express 2012-52 at www. 1040express irs. 1040express gov/pub/irs-irbs/irb12-52. 1040express pdf. 1040express Prev  Up  Next   Home   More Online Publications
Español

Senior Citizens' Resources

Find government resources for seniors on money, housing, health, consumer protection, and more.

Back to Top

The 1040express

1040express Index A Abusive tax shelters (see Tax shelters) Accounting fees, Attorney or accounting fees. 1040express Accrual method, Accrual method taxpayers. 1040express , Accrual method. 1040express , Holders must use accrual method. 1040express , When To Deduct Investment Interest Accuracy-related penalty, Accuracy-related penalty. 1040express Acquisition discount, Government obligations. 1040express , Acquisition discount on short-term obligations. 1040express Adjusted basis, Basis adjustment. 1040express , Fair market value equal to or more than donor's adjusted basis. 1040express , Adjusted Basis, Short sales. 1040express Alaska Permanent Fund dividends, Alaska Permanent Fund dividends. 1040express , Child's Alaska Permanent Fund dividends. 1040express Amortization of bond premium, Bond Premium Amortization, Bonds acquired after October 22, 1986, but before 1988. 1040express Annuities Borrowing on, Borrowing on insurance. 1040express Interest on, Interest on annuity contract. 1040express Life insurance proceeds used to buy, Annuity. 1040express Sale of, Sale of Annuity Single-premium, Single-premium life insurance, endowment, and annuity contracts. 1040express Trade for, Trade of investment property for an annuity. 1040express , Insurance Policies and Annuities Applicable federal rate, Applicable federal rate. 1040express Appreciated financial positions, Constructive Sales of Appreciated Financial Positions Arbitrage bonds, Arbitrage bonds. 1040express Assistance (see Tax help) At-risk rules, At-risk rules. 1040express , At-risk rules. 1040express Attorneys' fees, Attorney or accounting fees. 1040express Automatic investment service, Automatic investment service and dividend reinvestment plans. 1040express , Automatic investment service. 1040express , Automatic investment service. 1040express Average basis, Average Basis Double-category method, Transition rule from double-category method. 1040express Illustrated, Average basis method illustrated. 1040express B Backup withholding, Backup withholding. 1040express Bad debts, Nonbusiness bad debt. 1040express , Nonbusiness Bad Debts Bankrupt financial institutions Deposit in, Deposit in Insolvent or Bankrupt Financial Institution Bargain purchases, Bargain purchases. 1040express Basis, Basis of Investment Property, U. 1040express S. 1040express Treasury Notes or Bonds Adjusted, Basis adjustment. 1040express , Fair market value equal to or more than donor's adjusted basis. 1040express , Adjusted Basis, Short sales. 1040express Average, Average Basis Cost, Cost Basis, Cost Basis Inherited property, Property Received as Inheritance Investment property, Basis of Investment Property Like-kind exchanges, Basis of property received. 1040express Other than cost, Basis Other Than Cost REITs, Shares in a mutual fund or REIT. 1040express REMIC, residual interest, Basis in the residual interest. 1040express Replacement stock, Basis of replacement stock. 1040express Shares acquired by reinvestment, Reinvestment right. 1040express Stocks and bonds, Basis adjustment. 1040express , Basis. 1040express , Basis. 1040express , Stocks and Bonds Bearer obligations, Bearer CDs. 1040express , Bearer Obligations Below-market loans, Below-Market Loans Bonds Accrued interest on, Accrued interest on bonds. 1040express Amortization of premium, Bond Premium Amortization Arbitrage, Arbitrage bonds. 1040express Basis, Basis. 1040express , Stocks and Bonds Capital asset, Stocks, stock rights, and bonds. 1040express Convertible, Convertible stocks and bonds. 1040express Coupon, Coupon bonds. 1040express Enterprise zone facility, Enterprise zone facility bonds. 1040express Federally guaranteed, Federally guaranteed bonds. 1040express Identification, Identifying stock or bonds sold. 1040express Market discount, Market discount. 1040express , Limit on interest deduction for market discount bonds. 1040express , Market discount on bonds. 1040express , Market discount bonds. 1040express , Market discount bonds. 1040express New York Liberty bonds, New York Liberty bonds. 1040express Par value, Bonds purchased at par value. 1040express Premiums on, Bond premium. 1040express , Premiums on bonds. 1040express Private activity, Private activity bonds. 1040express Redemption or retirement of, Redemption or retirement of bonds. 1040express Sold between interest dates, Bonds Sold Between Interest Dates State and local government, Tax-exempt state and local government bonds. 1040express Stripped, Stripped bonds or coupons. 1040express , Stripped Bonds and Coupons, Stripped tax-exempt obligation. 1040express Tax credit bonds, Tax credit bonds. 1040express Tax-exempt, Tax-exempt state and local government bonds. 1040express Traded flat, Bonds traded flat. 1040express U. 1040express S. 1040express savings (see U. 1040express S. 1040express savings bonds) U. 1040express S. 1040express Treasury (see U. 1040express S. 1040express Treasury bills, notes, and bonds) Brokerage fees, Fees to buy or sell. 1040express , Sale expenses. 1040express C Calls and puts, Puts and Calls Table 4-3, Table 4-3. 1040express Puts and Calls Capital assets, Capital Assets and Noncapital Assets Capital gain distributions, Capital Gain Distributions, Basis adjustment. 1040express , Capital gain distributions. 1040express , Child's capital gain distributions. 1040express , Capital gain distributions received. 1040express Capital gains and losses, Capital Gains and Losses, Loss on stock that paid qualified dividends. 1040express Constructive ownership transactions, Gains From Certain Constructive Ownership Transactions Definition, Capital or Ordinary Gain or Loss Empowerment zone assets, Exclusion of Gain From DC Zone Assets Investment property, Investment property. 1040express Long-term, Short-Term or Long-Term Capital Gain or Loss, Long-term gains and losses. 1040express Long-term debt instruments, Long-term debt instruments issued after 1954 and before May 28, 1969 (or before July 2, 1982, if a government instrument). 1040express Losses, limit on, Limit on deduction. 1040express Passive activities, Passive activity gains and losses. 1040express Qualified covered call options, Capital loss on qualified covered call options. 1040express Qualified small business stock, Gains on Qualified Small Business Stock Reporting requirements, How To Report Gains and Losses (Form 6781), How to report gain. 1040express Rollover of gain from sale of securities, Rollover of Gain From Publicly Traded Securities Short-term, Short-Term or Long-Term Capital Gain or Loss, Short-term gains and losses. 1040express Tax rates, Capital Gain Tax Rates, Table 4-4. 1040express What Is Your Maximum Capital Gain Rate? Table 4-4, Table 4-4. 1040express What Is Your Maximum Capital Gain Rate? Capital loss carryover, Capital loss carryover. 1040express , Capital Losses Worksheet 4-1, Worksheet 4-1. 1040express Capital Loss Carryover Worksheet Cash method, Cash method taxpayers. 1040express , Cash method. 1040express , When To Deduct Investment Interest Reporting options for savings bond interest, Reporting options for cash method taxpayers. 1040express Cash-settled options, Cash-settled options. 1040express Casualty losses, Ordinary loss or casualty loss. 1040express CDOs (Collateralized debt obligations), Collateralized Debt Obligations (CDOs) Certificates of deposit (CDs), Certificates of Deposit (CDs) Children Alaska Permanent Fund dividends, Child's Alaska Permanent Fund dividends. 1040express Capital gain distributions, Child's capital gain distributions. 1040express Custodian account for, Custodian account for your child. 1040express Gifts to, Income from property given to a child. 1040express Investment income of, Tax on unearned income of certain children. 1040express , Investment income of child reported on parent's return. 1040express Qualified dividends, Child's qualified dividends. 1040express Savings account with parent as trustee, Savings account with parent as trustee. 1040express U. 1040express S. 1040express savings bond owner, Child as only owner. 1040express Clerical help, Clerical help and office rent. 1040express Co-owners of U. 1040express S. 1040express savings bonds, Co-owners. 1040express Collateralized debt obligations (CDOs), Collateralized Debt Obligations (CDOs) Collectibles, Collectibles gain or loss. 1040express Commissions, Commissions and load charges. 1040express Commodity futures, Commodity Futures, Commodity futures. 1040express Community property U. 1040express S. 1040express savings bonds, Community property. 1040express Constructive ownership transactions, Constructive ownership of stock. 1040express , Gains From Certain Constructive Ownership Transactions Constructive receipt, Constructive receipt. 1040express Constructive sales, Constructive Sales of Appreciated Financial Positions Contractors, insolvency of, Insolvency of contractor. 1040express Conversion transactions, Conversion Transactions Convertible stocks and bonds, Convertible stocks and bonds. 1040express Cooperatives, sales of stock to, Sales of Stock to ESOPs or Certain Cooperatives Corporate distributions, Dividends and Other Distributions Capital gain, Capital gain distributions. 1040express , Child's capital gain distributions. 1040express , Capital gain distributions received. 1040express Constructive, Constructive distributions. 1040express Dividends (see Dividends) Fractional shares, Fractional shares. 1040express Liquidating, Liquidating Distributions, Liquidating distributions. 1040express Nondividend, Nondividend Distributions, Nondividend distributions. 1040express Return of capital, Basis adjustment. 1040express Stock rights, Distributions of Stock and Stock Rights Undistributed capital gains, Undistributed capital gains of mutual funds and REITs. 1040express Corporate reorganizations, Corporate reorganizations. 1040express Cost basis, Cost Basis, Cost Basis Coupon bonds, Coupon bonds. 1040express D Day traders, Special Rules for Traders in Securities Dealer equity options, Dealer equity option. 1040express Dealer securities futures contracts, Dealer securities futures contract. 1040express Debt instruments, retirement of, Retirement of debt instrument. 1040express Decedents, Appreciated property you gave the decedent. 1040express , Decedent's capital loss. 1040express U. 1040express S. 1040express savings bond interest, reporting of, Decedents. 1040express Demutualization, Demutualization of Life Insurance Companies Deposits, loss on, Deposit in Insolvent or Bankrupt Financial Institution Discount on debt instruments, Discount on Debt Instruments Certificates of deposit, Certificates of Deposit (CDs) Election to report all interest as OID, Election To Report All Interest as OID Face-amount certificates, Face-Amount Certificates Gain or loss treatment, Discounted Debt Instruments Inflation-indexed, Inflation-Indexed Debt Instruments Market discount bonds (see Market discount bonds) Original issue discount (see Original issue discount (OID)) Short-term obligations, Discount on Short-Term Obligations, Short-term government obligations. 1040express Stripped bonds and coupons, Stripped Bonds and Coupons Discounted debt instruments, Discount on Debt Instruments Discounted tax-exempt obligations, Discounted tax-exempt obligations. 1040express Dividends, Dividends and Other Distributions, Form 1099-DIV. 1040express (see also Form 1099-DIV) Alaska Permanent Fund, Alaska Permanent Fund dividends. 1040express , Child's Alaska Permanent Fund dividends. 1040express Exempt-interest, Exempt-interest dividends. 1040express , Exempt-interest dividends. 1040express , Exempt-interest dividends on mutual fund stock. 1040express Extraordinary, Extraordinary dividends. 1040express Holding period, Holding period. 1040express Insurance policies, Dividends on insurance policies. 1040express Money market funds, Money Market Funds Nominees, Nominees. 1040express , Nominees. 1040express Ordinary, Ordinary Dividends Patronage, Patronage dividends. 1040express Payments in lieu of, Payments in lieu of dividends. 1040express Qualified, Qualified Dividends, Qualified dividends. 1040express , Child's qualified dividends. 1040express Qualified foreign corporation, Qualified foreign corporation. 1040express Received in January, Dividends received in January. 1040express Reinvestment of, Reinvested distributions. 1040express Reinvestment plans, Dividends Used To Buy More Stock, Automatic investment service and dividend reinvestment plans. 1040express , Dividend reinvestment plans. 1040express Reporting requirements, Form 1099-DIV. 1040express , How To Report Dividend Income, Stripped Preferred Stock Restricted stock, Dividends received on restricted stock. 1040express Sale or trade vs. 1040express , Dividend versus sale or trade. 1040express Scrip, Scrip dividends. 1040express Sold stock, Dividends on stock sold. 1040express Stock, Stock dividends. 1040express , Stock dividends. 1040express Underreported, Underreported interest and dividends. 1040express Veterans' insurance, Interest on VA dividends. 1040express , Dividends on veterans' insurance. 1040express Divorce, Property Received From Your Spouse, Transfers Between Spouses E Education Savings Bond Program, Education Savings Bond Program Interest excluded under, Interest excluded under the Education Savings Bond Program. 1040express Recordkeeping requirements, Education Savings Bond Program Employee stock options, Reminders Employee stock ownership plans (ESOPs), sales of stock to, Sales of Stock to ESOPs or Certain Cooperatives Employer identification numbers (EINs), Identifying number. 1040express Empowerment zone, Exclusion of Gain From DC Zone Assets Endowment contracts, Single-premium life insurance, endowment, and annuity contracts. 1040express Enterprise zone facility bonds, Enterprise zone facility bonds. 1040express Equity option, Equity option. 1040express Estate income received by beneficiary, Beneficiary of an estate or trust. 1040express Exchanges of mutual fund shares, Exchange of Shares In One Mutual Fund For Shares In Another Mutual Fund Exclusion of gain DC zone assets, Exclusion of Gain From DC Zone Assets Exempt-interest dividends on mutual fund stock, Exempt-interest dividends on mutual fund stock. 1040express Expenses of producing income, Expenses of Producing Income F Face-amount certificates, Face-Amount Certificates Fair market value, Fair market value. 1040express , Fair market value less than donor's adjusted basis. 1040express , Fair market value. 1040express Federal guarantee on bonds, Federally guaranteed bonds. 1040express Fees to buy or sell, Fees to buy or sell. 1040express Financial asset securitization investment trusts (FASITs), FASITs First-in first-out (FIFO), First-in first-out (FIFO). 1040express Foreign currency transactions, Foreign currency contract. 1040express Foreign income, Reminders Form 1040, Form 1040. 1040express , Form 1040A or Form 1040. 1040express Form 1040, Schedule B, Schedule B (Form 1040A or 1040). 1040express Form 1040, Schedule D, How to report gain. 1040express Form 1040A, Form 1040A. 1040express Form 1040X, Filing a claim for refund. 1040express Form 1041, Filing requirement. 1040express Form 1065, Filing requirement. 1040express Schedule K-1, Schedule K-1 (Form 1065). 1040express Form 1066, Schedule Q, Schedule Q (Form 1066). 1040express , Investment expenses from pass-through entities. 1040express Form 1096, File Form 1099-INT with the IRS. 1040express , File Form 1099-DIV with the IRS. 1040express , File Form 1099-B or Form 1099-S with the IRS. 1040express Form 1099-B, Form 1099-B. 1040express , Form 1099-B transactions. 1040express , File Form 1099-B or Form 1099-S with the IRS. 1040express Form 1099-CAP, Form 1099-CAP transactions. 1040express Form 1099-DIV, General Information, Form 1099-DIV. 1040express , Form 1099-DIV. 1040express , File Form 1099-DIV with the IRS. 1040express Form 1099-INT, General Information, Form 1099-INT. 1040express , Form 1099-INT for U. 1040express S. 1040express savings bond interest. 1040express , Form 1099-INT. 1040express , File Form 1099-INT with the IRS. 1040express , Forms 1099-INT and 1099-OID. 1040express , Forms 1099-INT and 1099-OID. 1040express Form 1099-MISC, Form 1099-MISC. 1040express , Reporting Substitute Payments Form 1099-OID, Form 1099-OID. 1040express , Form 1099-OID, Form 1099-OID. 1040express , Forms 1099-INT and 1099-OID. 1040express , Forms 1099-INT and 1099-OID. 1040express Form 1099-S, Form 1099-S transactions. 1040express , File Form 1099-B or Form 1099-S with the IRS. 1040express Form 1120, Filing requirement. 1040express Form 2439, Undistributed capital gains of mutual funds and REITs. 1040express Form 3115, Change from method 2. 1040express , Choosing To Amortize, How To Make the Mark-to-Market Election Form 4684, Ordinary loss or casualty loss. 1040express Form 4797, How to report. 1040express , Losses on Section 1244 (Small Business) Stock, How to report. 1040express Form 4952, Form 4952 Form 6198, At-risk rules. 1040express Form 6781, Form 6781. 1040express , How to report. 1040express , How To Report Gains and Losses (Form 6781), Section 1256 contracts and straddles. 1040express Form 8275, Negligence or disregard of rules or regulations. 1040express Form 8275-R, Negligence or disregard of rules or regulations. 1040express Form 8582, Form 8582. 1040express Form 8615, Tax on unearned income of certain children. 1040express Form 8815, Form 8815. 1040express , Figuring the interest part of the proceeds (Form 8815, line 6). 1040express , Interest excluded under the Education Savings Bond Program. 1040express Form 8824, How to report. 1040express Form 8832, Clubs formed before 1997. 1040express Form 8886, Reportable Transaction Disclosure Statement, Negligence or disregard of rules or regulations. 1040express Form 8949 Bad debts, How to report bad debts. 1040express Basis adjustment, Basis adjustment. 1040express Capital Gains, Reporting Capital Gains and Losses Capital Losses, Reporting Capital Gains and Losses Cooperative, sale to certain, Sales of Stock to ESOPs or Certain Cooperatives Copyrights in musical works, Capital asset treatment for self-created musical works. 1040express Employee stock ownership plan, sale to, Sales of Stock to ESOPs or Certain Cooperatives Empowerment Zone Assets, Exclusion of Gain From DC Zone Assets Exempt-interest dividends, Exempt-interest dividends on mutual fund stock. 1040express Form 1099-B, Form 1099-B. 1040express , Form 1099-B transactions. 1040express Form 1099-CAP, Form 1099-CAP transactions. 1040express Form 1099-S, Form 1099-S transactions. 1040express Fractional shares, Fractional shares. 1040express Gain, qualified small business stock, How to report gain. 1040express How to fill in, generally, Reporting Capital Gains and Losses Long-term gains and losses, Long-term gains and losses. 1040express Marked-to-market election, Mark-to-market election made. 1040express Market discount bonds, Market discount bonds. 1040express , Market discount bonds. 1040express Musical compositions, Capital asset treatment for self-created musical works. 1040express Nominees, Nominees. 1040express Nonbusiness bad debt, Nonbusiness bad debt. 1040express Nondividend distributions, Nondividend distributions. 1040express Option, How to report. 1040express Property bought at various times, Sale of property bought at various times. 1040express Rollover, publicly traded securities, Rollover of Gain From Publicly Traded Securities Rollover, qualified small business stock, How to report gain. 1040express Sale expenses, Sale expenses. 1040express Short-term gains and losses, Short-term gains and losses. 1040express Software, Stocks and Bonds Worthless securities, How to report loss. 1040express Form SS-4, Identifying number. 1040express Form W-8BEN, Nonresident aliens. 1040express Form W-9, Certification. 1040express Fractional shares, Fractional shares. 1040express , Automatic investment service. 1040express Free tax services, Free help with your tax return. 1040express Frozen deposits, Interest income on frozen deposits. 1040express , Frozen deposits. 1040express Futures contracts Regulated, Regulated futures contract. 1040express Securities, Securities futures contract. 1040express , Securities futures contract to sell. 1040express , Securities Futures Contracts Futures, commodity, Commodity Futures, Commodity futures. 1040express Wash sales, Options and futures contracts. 1040express G Gains on qualified small business stock, Gains on Qualified Small Business Stock Gains on sales or trades, How To Figure Gain or Loss, Gain on Sale or Trade of Depreciable Property, Property received from a related party. 1040express (see also Capital gains and losses) Gifts, What's New, Income from property given to a child. 1040express , Property Received as a Gift, Property received as a gift. 1040express Gifts of shares, Shares received as gift. 1040express Government obligations, Government obligations. 1040express H Hedging transactions, Hedging exception. 1040express , Hedging Transactions, Hedging transaction. 1040express Help (see Tax help) Holding period Investment property, Holding Period Replacement stock, Holding period of replacement stock. 1040express Shares acquired by reinvestment, Reinvested distributions. 1040express Straddles, Holding Period and Loss Treatment Rules I Income from sources outside U. 1040express S. 1040express , Reminders Income tax treaties (Table 1-3), Qualified Dividends Indian tribal government, Indian tribal government. 1040express Individual retirement arrangements (IRAs) Interest income, Individual retirement arrangements (IRAs). 1040express Inflation-indexed debt instruments, Inflation-Indexed Debt Instruments, Stripped inflation-indexed debt instruments. 1040express Inherited property Basis, Property Received as Inheritance Holding period, Inherited property. 1040express Transfer by inheritance, Transfer by inheritance. 1040express Insolvency of contractors, Insolvency of contractor. 1040express Installment sales, Installment sales. 1040express Insurance Borrowing on, Borrowing on insurance. 1040express Dividends, interest on, Interest on insurance dividends. 1040express , Dividends on insurance policies. 1040express Interest option on, Interest option on insurance. 1040express Life insurance companies, demutualization, Demutualization of Life Insurance Companies Life, paid to beneficiary, Insurance Prepaid premiums, Prepaid insurance premiums. 1040express Single-premium life, Single-premium life insurance, endowment, and annuity contracts. 1040express Trades, Insurance Policies and Annuities Veterans' dividends, interest on, Interest on VA dividends. 1040express , Dividends on veterans' insurance. 1040express Interest expenses Allocation of, Allocation of Interest Expense Investment interest, Investment Interest Limit on, Limit on interest deduction for market discount bonds. 1040express , Limit on Deduction When to deduct, When To Deduct Investment Interest Margin accounts, Interest on margin accounts. 1040express Paid in advance, Interest paid in advance. 1040express Straddles, Interest expense and carrying charges on straddles. 1040express Interest income, Interest Income Annuity contracts, Interest on annuity contract. 1040express Bonds traded flat, Bonds traded flat. 1040express Certificates of deposits, Certificates of deposit and other deferred interest accounts. 1040express Condemnation awards, Interest on condemnation award. 1040express Deferred interest accounts, Certificates of deposit and other deferred interest accounts. 1040express Dividends on deposit or share accounts, Dividends that are actually interest. 1040express Frozen deposits, Interest income on frozen deposits. 1040express , Frozen deposits. 1040express Gift for opening account, Gift for opening account. 1040express Individual retirement arrangements (IRAs), Individual retirement arrangements (IRAs). 1040express Installment sale payments, Installment sale payments. 1040express Insurance dividends, Interest on insurance dividends. 1040express Money market funds, Money market funds. 1040express Nominee distributions, Nominees. 1040express Prepaid insurance premiums, Prepaid insurance premiums. 1040express Reporting, When To Report Interest Income, Penalty on early withdrawal of savings. 1040express Seller-financed mortgage, Form 1040A. 1040express , Interest on seller-financed mortgage. 1040express Tax refunds, Interest on tax refunds. 1040express Tax-exempt, Tax-Exempt Interest, Reporting tax-exempt interest. 1040express Taxable, Taxable Interest — General, Bonds traded flat. 1040express , Taxation of interest. 1040express , Taxable Interest U. 1040express S. 1040express savings bonds, person responsible for tax (Table 1-2), Table 1-2. 1040express Who Pays the Tax on U. 1040express S. 1040express Savings Bond Interest Underreported, Underreported interest and dividends. 1040express Unstated, Unstated interest. 1040express Usurious interest, Usurious interest. 1040express VA insurance dividends, Interest on VA dividends. 1040express Investment clubs, Investment Clubs, Filing requirement. 1040express Investment counsel and advice, Investment counsel and advice. 1040express Investment expenses, Investment Expenses Allocated, Allocated investment expenses. 1040express At-risk rules, At-risk rules. 1040express Deductible, Expenses of Producing Income Interest, Investment interest deducted. 1040express Limits on deductions, Limits on Deductions Nondeductible, Nondeductible Expenses Pass-through entities, Investment expenses from pass-through entities. 1040express Reporting requirements, How To Report Investment Expenses Investment income, Investment Income Children, Tax on unearned income of certain children. 1040express , Investment income of child reported on parent's return. 1040express General Information, General Information Net income, Net Investment Income Records to keep, General Information Reporting of (Table 1-1), Table 1-1. 1040express Where To Report Common Types of Investment Income Investment property, Investment property. 1040express Basis, Basis of Investment Property Definition, Investment property. 1040express Gain or loss treatment, Investment property. 1040express Gift, received as, Property Received as a Gift Holding period, Holding Period Liquidation, received in, Investment property received in liquidation. 1040express Nontaxable trades, received in, Property Received in Nontaxable Trades Sales and trades, Sales and Trades of Investment Property Services, received for, Property Received for Services Spouse, received from, Property Received From Your Spouse Taxable trades, received in, Property Received in Taxable Trades J Joint accounts, Joint accounts. 1040express Joint and separate returns, Joint return. 1040express , Joint and separate returns. 1040express L Life insurance companies demutualization, Demutualization of Life Insurance Companies Like-kind exchanges, Like-Kind Exchanges, Like-Kind Exchanges Basis of property received, Basis of property received. 1040express Reporting requirements, How to report. 1040express Liquidating distributions, Liquidating Distributions, Investment property received in liquidation. 1040express Listed options, Listed option. 1040express Load charges, Commissions and load charges. 1040express Loans Below-market, Below-Market Loans, Effective dates. 1040express Gift and demand, Gift and demand loans. 1040express Guarantees, Loan guarantees. 1040express Term, Term loans. 1040express Local government obligations (see State or local government obligations) Long-term capital gains and losses, Short-Term or Long-Term Capital Gain or Loss, Long-term gains and losses. 1040express Long-term debt instruments, Long-term debt instruments issued after 1954 and before May 28, 1969 (or before July 2, 1982, if a government instrument). 1040express Losses on sales or trades, Property received from a related party. 1040express (see also Capital gains and losses) Amount calculation, How To Figure Gain or Loss Carryback election, Loss carryback election. 1040express , Loss carryback election. 1040express Mutual fund or REIT stock held 6 months or less, Loss on mutual fund or REIT stock held 6 months or less. 1040express Passive activities, Passive activity losses. 1040express , Passive activity losses. 1040express , Passive activity losses and credits. 1040express , Losses from passive activities. 1040express Related parties, Losses on Sales or Trades of Property Section 1244 (small business) stock, Losses on Section 1244 (Small Business) Stock Small business investment company stock, Losses on Small Business Investment Company Stock Wash sales, Coordination of Loss Deferral Rules and Wash Sale Rules M Mark-to-market election, Mark-to-market election made. 1040express Marked-to-market rules, Marked-to-Market Rules, Mark-to-market election made. 1040express Market discount bonds, Market discount. 1040express , Market Discount Bonds, Partial principal payments. 1040express , Limit on interest deduction for market discount bonds. 1040express , Market discount on bonds. 1040express , Market discount bonds. 1040express , Market discount bonds. 1040express Accrued market discount, Accrued market discount. 1040express Maximum rate of capital gains (Table 4-4), Table 4-4. 1040express What Is Your Maximum Capital Gain Rate? Mechanics' and suppliers' liens, Mechanics' and suppliers' liens. 1040express Meetings, expenses of attending, Stockholders' meetings. 1040express Missing children, photographs of, Reminders Mixed straddles, Mixed straddles. 1040express , Mixed straddles. 1040express Money market funds, Money Market Funds Interest income, Money market funds. 1040express Mortgages Revenue bonds, Mortgage revenue bonds. 1040express Secondary liability on home, Secondary liability on home mortgage. 1040express Seller-financed, Interest on seller-financed mortgage. 1040express Municipal bonds, State or Local Government Obligations, Reporting tax-exempt interest. 1040express , Tax-exempt state and local government bonds. 1040express (see also State or local government obligations) Mutual funds, Capital Gain Distributions, Other income (nonpassive income). 1040express , Choosing to include net capital gain. 1040express , Including mutual fund or REMIC expenses in income. 1040express , Shares in a mutual fund or REIT. 1040express , Special Rules for Mutual Funds, Loss on mutual fund or REIT stock held 6 months or less. 1040express Individual retirement arrangements (IRAs), Qualified retirement plans and IRAs. 1040express publicly offered, Publicly-offered mutual funds. 1040express N Net Investment Income Tax, What's New, Net investment income tax (NIIT). 1040express New York Liberty bonds, New York Liberty bonds. 1040express NIIT, What's New, Net investment income tax (NIIT). 1040express Nominee distributions Dividends, Nominees. 1040express , Nominees. 1040express Interest income, Nominees. 1040express , Nominee distributions. 1040express Original issue discount, Nominee. 1040express Nonbusiness bad debts, Nonbusiness bad debt. 1040express , Nonbusiness Bad Debts Noncapital assets, Capital Assets and Noncapital Assets Nondeductible investment expenses, Nondeductible Expenses Nondividend distributions, Nondividend Distributions Nonequity options, Nonequity option. 1040express Nonqualified preferred stock, Nonqualified preferred stock. 1040express Nonresident aliens Backup withholding, Nonresident aliens. 1040express Nontaxable return of capital, Basis adjustment. 1040express Nontaxable stock rights, Nontaxable stock rights. 1040express Nontaxable trades, Nontaxable Trades, Nontaxable trades. 1040express Notes Individuals, bought at discount, Notes of individuals. 1040express U. 1040express S. 1040express Treasury (see U. 1040express S. 1040express Treasury bills, notes, and bonds) O Office expenses, Clerical help and office rent. 1040express Options, Options Calls and puts, Puts and Calls Cash settlement, Cash-settled options. 1040express , Cash settlement option. 1040express Dealer equity, Dealer equity option. 1040express Deep-in-the-money, Qualified covered call options and optioned stock. 1040express Employee stock, Reminders Equity, Equity option. 1040express Gain or loss, Options, Qualified covered call options and optioned stock. 1040express Holding period, Option exercised. 1040express Listed, Listed option. 1040express Nonequity, Nonequity option. 1040express Qualified covered call, Qualified covered call options and optioned stock. 1040express Reporting requirements, How to report. 1040express Section 1256 contracts, Section 1256 Contracts Marked to Market, Section 1256 contract options. 1040express Wash sales, Options and futures contracts. 1040express Ordinary gains and losses, Capital or Ordinary Gain or Loss, Ordinary loss or casualty loss. 1040express Original issue discount (OID), Original issue discount. 1040express , Original Issue Discount (OID), Stripped tax-exempt obligations. 1040express , Original issue discount (OID) on debt instruments. 1040express Adjustment to, Original issue discount (OID) adjustment. 1040express Reporting requirements, Exceptions to reporting OID. 1040express , Form 1099-OID Rules, Applying the OID Rules P Pass-through entities Rollover of gain, Pass-through entity. 1040express Passive activities Gains and losses, Passive activity losses. 1040express , Passive activity losses. 1040express , Passive activity losses and credits. 1040express , Losses from passive activities. 1040express , Passive activity gains and losses. 1040express Patronage dividends, Patronage dividends. 1040express Penalties Accuracy-related, Accuracy-related penalty. 1040express , Accuracy-related penalties. 1040express Backup withholding, Penalties. 1040express Civil fraud, Civil fraud penalty. 1040express Early withdrawal, Interest subject to penalty for early withdrawal. 1040express , Penalty on early withdrawal of savings. 1040express Failure to pay tax, Failure to pay tax. 1040express Failure to supply SSN, Penalty for failure to supply SSN. 1040express Substantial understatement, Substantial understatement of tax. 1040express Valuation misstatement, Substantial valuation misstatement. 1040express Political parties Debts owed by, Debts owed by political parties. 1040express Preferred stock Nonqualified, Nonqualified preferred stock. 1040express Redeemable at a premium, Preferred stock redeemable at a premium. 1040express Stripped, Stripped Preferred Stock Premiums on bonds, Bond premium. 1040express , Premiums on bonds. 1040express Private activity bonds, Private activity bonds. 1040express Public utility stock reinvestment, Public utilities. 1040express Publications (see Tax help) Puts and calls, Puts and Calls Table 4-3, Table 4-3. 1040express Puts and Calls Q Qualified dividends, Qualified dividends. 1040express Qualified small business stock, Qualified small business stock. 1040express , Qualified small business stock. 1040express , Gains on Qualified Small Business Stock Gains on, Gains on Qualified Small Business Stock R Real estate investment trusts (REITs), Undistributed capital gains of mutual funds and REITs. 1040express , Shares in a mutual fund or REIT. 1040express , Loss on mutual fund or REIT stock held 6 months or less. 1040express Real estate mortgage investment conduits (REMICs), REMICs, Expenses. 1040express , Including mutual fund or REMIC expenses in income. 1040express Regular interest, Regular Interest Residual interest, Residual Interest, Residual interests in a REMIC. 1040express Recordkeeping requirements Education Savings Bond Program, Education Savings Bond Program Investment income, General Information Small business stock, Losses on Section 1244 (Small Business) Stock Redemption of stock, Redemption of stock. 1040express Redemption or retirement of bonds, Redemption or retirement of bonds. 1040express Regulated futures contract, Regulated futures contract. 1040express Reinvestment rights, Commissions and load charges. 1040express REITs (see Real estate investment trusts (REITs)) Related party transactions, Unpaid expenses owed to related party. 1040express , Related Party Transactions, Property received from a related party. 1040express Related persons, Related persons. 1040express REMICs (see Real estate mortgage investment conduits (REMICs)) Reorganizations, corporate, Corporate reorganizations. 1040express Reporting requirements Bad debts, How to report bad debts. 1040express Bond premium amortization, How To Report Amortization Capital gains and losses, How To Report Gains and Losses (Form 6781), How to report gain. 1040express , Reporting Capital Gains and Losses Dividend income, How To Report Dividend Income Exempt-interest dividends, Information reporting requirement. 1040express Interest on U. 1040express S. 1040express savings bonds, Reporting options for cash method taxpayers. 1040express , Choice to report interest each year. 1040express Investment expenses, How To Report Investment Expenses Like-kind exchanges, How to report. 1040express Options, How to report. 1040express Original issue discount, Form 1099-OID S corporation income, deductions, and credits, Reporting S corporation income, deductions, and credits. 1040express Section 1256 contracts, How To Report State or local government obligations, Information reporting requirement. 1040express Straddles, Section 1256 contracts and straddles. 1040express Substitute payments, Reporting Substitute Payments Tax-exempt interest income, Reporting tax-exempt interest. 1040express Trades, How To Report Repossession of real property, Real property repossessed. 1040express Restricted property, Restricted property. 1040express Restricted stock, Dividends received on restricted stock. 1040express Retirement of debt instrument, Retirement of debt instrument. 1040express Return of capital (see Nondividend distributions) Revocable trust, trustee's commissions for, Trustee's commissions for revocable trust. 1040express Rollover of gain from sale Securities, Rollover of Gain From Publicly Traded Securities, Rollover of Gain S S corporations, S Corporations, S corporation stock. 1040express Safe deposit box, Safe deposit box rent. 1040express Sales and trades of investment property, Sales and Trades of Investment Property Definition, What Is a Sale or Trade? Savings bonds (see U. 1040express S. 1040express savings bonds) SBIC stock (see Small business investment company stock) Scrip dividends, Scrip dividends. 1040express Section 1202 gain, Section 1202 Exclusion, Gain on qualified small business stock. 1040express Section 1244 stock, Losses on Section 1244 (Small Business) Stock Section 1250 gain, Unrecaptured section 1250 gain. 1040express Section 1256 contracts, Section 1256 Contracts Marked to Market, Section 1256 contracts. 1040express , Section 1256 contract options. 1040express , Section 1256 contracts and straddles. 1040express Net gain on, Net section 1256 contracts gain. 1040express Net loss on, Net section 1256 contracts loss. 1040express Reporting requirements, How To Report Securities Holding period, Holding Period Installment sales, Installment sales. 1040express Lost, stolen, etc. 1040express , cost of replacing, Cost of replacing missing securities. 1040express Rollover of gain from sale, Rollover of Gain From Publicly Traded Securities, Rollover of Gain Traders in, Special Rules for Traders in Securities Worthless, Worthless Securities, Worthless securities. 1040express Securities futures contracts, Dealer securities futures contract. 1040express , Securities futures contract. 1040express , Securities Futures Contracts Self-employment income, Self-Employment Income Self-employment tax, Self-employment tax. 1040express Seller-financed mortgages, Interest on seller-financed mortgage. 1040express Short sales, Short Sales, Extraordinary dividends. 1040express Adjusted basis, Short sales. 1040express Expenses of, Short-sale expenses. 1040express Extraordinary dividends, Extraordinary dividends. 1040express Puts, Put option as short sale. 1040express Small business investment company stock, Short sale. 1040express Short-term capital gains and losses, Short-Term or Long-Term Capital Gain or Loss, Short-term gains and losses. 1040express Short-term obligations, Discount on Short-Term Obligations, Choosing to include accrued discount and other interest in current income. 1040express , Acquisition discount on short-term obligations. 1040express , Short-term government obligations. 1040express Interest deduction, limit on, Limit on interest deduction for short-term obligations. 1040express Sixty/forty (60/40) rule, 60/40 rule. 1040express Small business investment company stock, Losses on Small Business Investment Company Stock, SSBIC stock. 1040express Reporting requirements, How to report. 1040express Small business stock, Qualified small business stock. 1040express , Losses on Section 1244 (Small Business) Stock, Qualified small business stock. 1040express , Gains on Qualified Small Business Stock Social security number (SSN) Custodial accounts, Custodian account for your child. 1040express Joint accounts, SSN for joint account. 1040express Requirement to give, Social security number (SSN). 1040express Specialized small business investment company stock, Specialized small business investment company stock or partnership interest. 1040express , SSBIC stock. 1040express Spouses Transfers between, Property Received From Your Spouse, Transfers Between Spouses (see also Related party transactions) State or local government obligations, State or Local Government Obligations, Taxable Interest Market discount bonds (see Market discount bonds) Private activity bonds, Private activity bonds. 1040express Registration requirement, Registration requirement. 1040express Tax-exempt interest, Tax-Exempt Interest Taxable interest, Taxable Interest Stock Basis, Basis adjustment. 1040express , Basis adjustment. 1040express , Basis. 1040express , Stocks and Bonds, Basis of replacement stock. 1040express Capital asset, Stocks, stock rights, and bonds. 1040express Constructive ownership, Constructive ownership of stock. 1040express Convertible, Convertible stocks and bonds. 1040express Corporate, Corporate Stocks Dividends (see Dividends) Fractional shares, Fractional shares. 1040express , Automatic investment service. 1040express Identification, Identifying stock or bonds sold. 1040express Installment sales, Installment sales. 1040express Nonqualified preferred stock, Nonqualified preferred stock. 1040express Options for employees, Reminders Public utility, reinvestment, Public utilities. 1040express Redemption of, Redemption of stock. 1040express Replacement stock, Basis of replacement stock. 1040express Restricted stock, Dividends received on restricted stock. 1040express Rights, Distributions of Stock and Stock Rights, Stock rights. 1040express , Nontaxable stock rights. 1040express S corporations, S corporation stock. 1040express Sales to ESOPs or cooperatives, Sales of Stock to ESOPs or Certain Cooperatives Small business, Qualified small business stock. 1040express , Qualified small business stock. 1040express Specialized small business investment company, Specialized small business investment company stock or partnership interest. 1040express Splits, Stock splits. 1040express Straddles (see Straddles) Stripped preferred stock, Stripped Preferred Stock Surrender of, Surrender of stock. 1040express Trades, Stock for stock of the same corporation. 1040express Trust instruments treated as, Certain trust instruments treated as stock. 1040express Straddles, Straddles, Interest expense and carrying charges relating to mixed straddle account positions. 1040express Holding period, Holding Period and Loss Treatment Rules Interest expense and carrying charges, Interest expense and carrying charges on straddles. 1040express Loss deferral rules, Loss Deferral Rules Mixed, Mixed straddles. 1040express , Mixed straddles. 1040express , Mixed Straddle Elections Reporting requirements, Section 1256 contracts and straddles. 1040express Stripped bonds and coupons, Stripped bonds or coupons. 1040express , Stripped Bonds and Coupons, Stripped tax-exempt obligation. 1040express Stripped preferred stock, Stripped Preferred Stock Substitute payments, Reporting Substitute Payments T Tables Capital gains maximum rate (Table 4-4), Table 4-4. 1040express What Is Your Maximum Capital Gain Rate? Income tax treaties (Table 1-3), Qualified Dividends Investment income, reporting of (Table 1-1), Table 1-1. 1040express Where To Report Common Types of Investment Income Puts and calls (Table 4-3), Table 4-3. 1040express Puts and Calls U. 1040express S. 1040express savings bonds, person responsible for tax (Table 1-2), Table 1-2. 1040express Who Pays the Tax on U. 1040express S. 1040express Savings Bond Interest Tax credit bonds, Tax credit bonds. 1040express Tax help, How To Get Tax Help Tax rates, What's New Capital gain and losses, Capital Gain Tax Rates Tax refunds Interest on, Interest on tax refunds. 1040express Tax shelters, Tax Shelters and Other Reportable Transactions, Whether To Invest Penalties, Penalties Reporting requirements, Investor Reporting Rules to curb abuse, Rules To Curb Abusive Tax Shelters Tax-exempt bonds, Tax-exempt state and local government bonds. 1040express Tax-exempt income Expenses of, Tax-exempt income. 1040express Interest, Tax-Exempt Interest, Reporting tax-exempt interest. 1040express Tax-exempt obligations, Tax-Exempt Interest, Stripped tax-exempt obligations. 1040express , Discounted tax-exempt obligations. 1040express Taxable income, expenses of, Expenses for both tax-exempt and taxable income. 1040express Taxes State and local transfer, State and local transfer taxes. 1040express State income, State income taxes. 1040express Term loans, Term loans. 1040express Trade or business, Passive activity. 1040express Traders in securities, Special Rules for Traders in Securities Trades Insurance, Insurance Policies and Annuities Investment property, Sales and Trades of Investment Property Like-kind, Like-Kind Exchanges, Like-Kind Exchanges Nontaxable, Property Received in Nontaxable Trades, Nontaxable Trades, Nontaxable trades. 1040express Reporting requirements, How To Report Stock, Stock for stock of the same corporation. 1040express Taxable, Property Received in Taxable Trades U. 1040express S. 1040express Treasury notes or bonds, U. 1040express S. 1040express Treasury Notes or Bonds Treasury bills, notes, and bonds (see U. 1040express S. 1040express Treasury bills, notes, and bonds) Treasury inflation-indexed securities, Inflation-Indexed Debt Instruments Treasury inflation-protected securities (TIPS), Treasury inflation-protected securities (TIPS). 1040express , Inflation-Indexed Debt Instruments Treaties, income tax (Table 1-3), Qualified Dividends Trust income received by beneficiary, Beneficiary of an estate or trust. 1040express Trustee's commission for revocable trust, Trustee's commissions for revocable trust. 1040express U U. 1040express S. 1040express savings bonds, U. 1040express S. 1040express obligations. 1040express , U. 1040express S. 1040express Savings Bonds Reporting interest on, U. 1040express S. 1040express obligations. 1040express , U. 1040express S. 1040express Savings Bonds Retirement or profit-sharing plan, distributed from, Savings bonds distributed from a retirement or profit-sharing plan. 1040express Worksheet, Worksheet for savings bonds distributed from a retirement or profit-sharing plan. 1040express Tax, responsible person (Table 1-2), Table 1-2. 1040express Who Pays the Tax on U. 1040express S. 1040express Savings Bond Interest U. 1040express S. 1040express Treasury bills, notes, and bonds, U. 1040express S. 1040express obligations. 1040express , U. 1040express S. 1040express Treasury Bills, Notes, and Bonds, U. 1040express S. 1040express Treasury Notes or Bonds, U. 1040express S. 1040express Treasury notes and bonds. 1040express Undistributed capital gains, Undistributed capital gains. 1040express Usurious interest, Usurious interest. 1040express V Veterans' insurance Dividends on, Dividends on veterans' insurance. 1040express W Warrants, Warrants. 1040express Wash sales, Wash Sales, Securities Futures Contracts Holding period, Wash sales. 1040express Loss deferral rules, straddles, Coordination of Loss Deferral Rules and Wash Sale Rules Withholding, backup, Backup withholding. 1040express Worksheets Capital loss carryover, Worksheet 4-1. 1040express Capital Loss Carryover Worksheet Worthless securities, Worthless Securities, Worthless securities. 1040express Prev  Up     Home   More Online Publications