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

1040ez Tax Form And Booklet

State Tax ReturnFree H&r Block Tax Software 20112012 1040a FormTurbo Tax Self EmployedHow To File 1040x ElectronicallyFiling Amended Tax Return OnlineHow To File My 2012 TaxesTax Form 1040 EzFree State And Federal Tax Filing OnlineAmend 2009 Tax Return OnlineTurbotax Free State FilingFree File TaxesWww.irs.gov/form 1040xIrs Gov FormsFree E File 2011Income Tax Filing Online1040 ComHow To File 2012 TaxesEfile TaxesFreetaxTaxes 2009Filing My 2012 Taxes1040x Amended ReturnHow To File A Amended Tax Return1040x Form 2012State Income Tax Form1040 Tax Form WorksheetWhen To File 1040xState E FileFile Taxes From 2011Military Tax CreditFree Tax Preparation For UnemployedSchedule C Ez FormFree Online 1040ezFree Tax Filing For State And FederalIrs 1040ez 20121040x FormForm 1040nr Ez 2012Tax Form 1040ez Year 2013Free State Return Turbotax

1040ez Tax Form And Booklet

1040ez tax form and booklet Publication 907 - Main Content Table of Contents IncomeDependent Care Benefits Social Security and Railroad Retirement Benefits Disability Pensions Military and Government Disability Pensions Other Payments Itemized DeductionsMedical Expenses Impairment-Related Work Expenses Tax CreditsChild and Dependent Care Credit Credit for the Elderly or the Disabled Earned Income Credit Household Employers Business Tax Incentives How To Get Tax Help Income All income is taxable unless it is specifically excluded by law. 1040ez tax form and booklet The following discussions highlight some income items (both taxable and nontaxable) that are of particular interest to people with disabilities and those who care for people with disabilities. 1040ez tax form and booklet Dependent Care Benefits Dependent care benefits include: Amounts your employer paid directly to either you or your care provider for the care of your qualifying person(s) while you worked, The fair market value of care in a daycare facility provided or sponsored by your employer, and Pre-tax contributions you made under a dependent care flexible spending arrangement. 1040ez tax form and booklet Exclusion or deduction. 1040ez tax form and booklet   If your employer provides dependent care benefits under a qualified plan, you may be able to exclude these benefits from your income. 1040ez tax form and booklet Your employer can tell you whether your benefit plan qualifies. 1040ez tax form and booklet To claim the exclusion, you must complete Part III of Form 2441, Child and Dependent Care Expenses. 1040ez tax form and booklet You cannot use Form 1040EZ. 1040ez tax form and booklet   If you are self-employed and receive benefits from a qualified dependent care benefit plan, you are treated as both employer and employee. 1040ez tax form and booklet Therefore, you would not get an exclusion from wages. 1040ez tax form and booklet Instead, you would get a deduction on Form 1040, Schedule C, line 14; Schedule E, line 19 or 28; or Schedule F, line 15. 1040ez tax form and booklet To claim the deduction, you must use Form 2441. 1040ez tax form and booklet   The amount you can exclude or deduct is limited to the smallest of: The total amount of dependent care benefits you received during the year, The total amount of qualified expenses you incurred during the year, Your earned income, Your spouse's earned income, or $5,000 ($2,500 if married filing separately). 1040ez tax form and booklet Statement for employee. 1040ez tax form and booklet   Your employer must give you a Form W-2 (or similar statement), showing in box 10 the total amount of dependent care benefits provided to you during the year under a qualified plan. 1040ez tax form and booklet Your employer will also include any dependent care benefits over $5,000 in your wages shown on your Form W-2 in box 1. 1040ez tax form and booklet Qualifying person(s). 1040ez tax form and booklet   A qualifying person is: A qualifying child who is under age 13 whom you can claim as a dependent. 1040ez tax form and booklet If the child turned 13 during the year, the child is a qualifying person for the part of the year he or she was under age 13. 1040ez tax form and booklet Your disabled spouse who is not physically or mentally able to care for himself or herself. 1040ez tax form and booklet Any disabled person who was not physically or mentally able to care for himself or herself whom you can claim as a dependent (or could claim as a dependent except that the person had gross income of $3,900 or more or filed a joint return). 1040ez tax form and booklet Any disabled person who was not physically or mentally able to care for himself or herself whom you could claim as a dependent except that you (or your spouse if filing jointly) could be claimed as a dependent on another taxpayer's 2013 return. 1040ez tax form and booklet For information about excluding benefits on Form 1040, Form 1040NR, or Form 1040A, see Form 2441 and its instructions. 1040ez tax form and booklet Social Security and Railroad Retirement Benefits If you received social security or equivalent Tier 1 railroad retirement (RRTA) benefits during the year, part of the amount you received may be taxable. 1040ez tax form and booklet Are any of your benefits taxable?   If the only income you received during the year was your social security or equivalent Tier 1 railroad retirement (RRTA) benefits, your benefits generally are not taxable. 1040ez tax form and booklet   If you received income during the year in addition to social security or equivalent Tier 1 railroad retirement (RRTA) benefits, part of your benefits may be taxable if all of your other income, including tax-exempt interest, plus half of your benefits are more than: $25,000 if you are single, head of household, or qualifying widow(er), $25,000 if you are married filing separately and lived apart from your spouse for all of 2013, $32,000 if you are married filing jointly, or $-0- if you are married filing separately and lived with your spouse at any time during 2013. 1040ez tax form and booklet   For more information, see the instructions for Form 1040, lines 20a and 20b, or Form 1040A, lines 14a and 14b. 1040ez tax form and booklet Publication 915, Social Security and Equivalent Railroad Retirement Benefits, contains more detailed information. 1040ez tax form and booklet Supplemental security income (SSI) payments. 1040ez tax form and booklet   Social security benefits do not include SSI payments, which are not taxable. 1040ez tax form and booklet Do not include these payments in your income. 1040ez tax form and booklet Disability Pensions If you retired on disability, you must include in income any disability pension you receive under a plan that is paid for by your employer. 1040ez tax form and booklet You must report your taxable disability payments as wages on line 7 of Form 1040 or Form 1040A until you reach minimum retirement age. 1040ez tax form and booklet Minimum retirement age generally is the age at which you can first receive a pension or annuity if you are not disabled. 1040ez tax form and booklet You may be entitled to a tax credit if you were permanently and totally disabled when you retired. 1040ez tax form and booklet For information on this credit, see Publication 524, Credit for the Elderly or the Disabled. 1040ez tax form and booklet Beginning on the day after you reach minimum retirement age, payments you receive are taxable as a pension or annuity. 1040ez tax form and booklet Report the payments on lines 16a and 16b of Form 1040 or on lines 12a and 12b of Form 1040A. 1040ez tax form and booklet For more information on pensions and annuities, see Publication 575, Pension and Annuity Income. 1040ez tax form and booklet Retirement and profit-sharing plans. 1040ez tax form and booklet   If you receive payments from a retirement or profit-sharing plan that does not provide for disability retirement, do not treat the payments as a disability pension. 1040ez tax form and booklet The payments must be reported as a pension or annuity. 1040ez tax form and booklet Accrued leave payment. 1040ez tax form and booklet   If you retire on disability, any lump-sum payment you receive for accrued annual leave is a salary payment. 1040ez tax form and booklet The payment is not a disability payment. 1040ez tax form and booklet Include it in your income in the tax year you receive it. 1040ez tax form and booklet See Publication 525, Taxable and Nontaxable Income, for more information. 1040ez tax form and booklet Military and Government Disability Pensions Generally, you must report disability pensions as income, but do not include certain military and government disability pensions. 1040ez tax form and booklet For information about military and government disability pensions, see Publication 525. 1040ez tax form and booklet VA disability benefits. 1040ez tax form and booklet   Do not include disability benefits you receive from the Department of Veterans Affairs (VA) in your gross income. 1040ez tax form and booklet If you are a military retiree and do not receive your disability benefits from the VA, see Publication 525 for more information. 1040ez tax form and booklet   Do not include in your income any veterans' benefits paid under any law, regulation, or administrative practice administered by the VA. 1040ez tax form and booklet These include: Education, training, and subsistence allowances, Disability compensation and pension payments for disabilities paid either to veterans or their families, Grants for homes designed for wheelchair living, Grants for motor vehicles for veterans who lost their sight or the use of their limbs, Veterans' insurance proceeds and dividends paid either to veterans or their beneficiaries, including the proceeds of a veteran's endowment policy paid before death, Interest on insurance dividends left on deposit with the VA, Benefits under a dependent-care assistance program, The death gratuity paid to a survivor of a member of the Armed Forces who died after September 10, 2001, or Payments made under the VA's compensated work therapy program. 1040ez tax form and booklet Other Payments You may receive other payments that are related to your disability. 1040ez tax form and booklet The following payments are not taxable. 1040ez tax form and booklet Benefit payments from a public welfare fund, such as payments due to blindness. 1040ez tax form and booklet Workers' compensation for an occupational sickness or injury if paid under a workers' compensation act or similar law. 1040ez tax form and booklet Compensatory (but not punitive) damages for physical injury or physical sickness. 1040ez tax form and booklet Disability benefits under a “no-fault” car insurance policy for loss of income or earning capacity as a result of injuries. 1040ez tax form and booklet Compensation for permanent loss or loss of use of a part or function of your body, or for your permanent disfigurement. 1040ez tax form and booklet Long-Term Care Insurance Long-term care insurance contracts generally are treated as accident and health insurance contracts. 1040ez tax form and booklet Amounts you receive from them (other than policyholder dividends or premium refunds) generally are excludable from income as amounts received for personal injury or sickness. 1040ez tax form and booklet More detailed information can be found in Publication 525. 1040ez tax form and booklet Accelerated Death Benefits You can exclude from income accelerated death benefits you receive on the life of an insured individual if certain requirements are met. 1040ez tax form and booklet Accelerated death benefits are amounts received under a life insurance contract before the death of the insured. 1040ez tax form and booklet These benefits also include amounts received on the sale or assignment of the contract to a viatical settlement provider. 1040ez tax form and booklet This exclusion applies only if the insured was a terminally ill individual or a chronically ill individual. 1040ez tax form and booklet For more information, see Publication 525. 1040ez tax form and booklet Itemized Deductions If you file Form 1040, you generally can either claim the standard deduction or itemize your deductions. 1040ez tax form and booklet You must use Schedule A (Form 1040) to itemize your deductions. 1040ez tax form and booklet See your form instructions for information on the standard deduction and the deductions you can itemize. 1040ez tax form and booklet The following discussions highlight some itemized deductions that are of particular interest to persons with disabilities. 1040ez tax form and booklet Medical Expenses When figuring your deduction for medical expenses, you can generally include medical and dental expenses you pay for yourself, your spouse, and your dependents. 1040ez tax form and booklet Medical expenses are the cost of diagnosis, cure, mitigation, treatment, or prevention of disease and the costs for treatments affecting any part or function of the body. 1040ez tax form and booklet They include the costs of equipment, supplies, diagnostic devices, and transportation for needed medical care and payments for medical insurance. 1040ez tax form and booklet You can deduct only the amount of your medical and dental expenses that is more than 10% (7. 1040ez tax form and booklet 5% if either you or your spouse was born before January 2, 1949) of your adjusted gross income shown on Form 1040, line 38. 1040ez tax form and booklet The following list highlights some of the medical expenses you can include in figuring your medical expense deduction. 1040ez tax form and booklet For more detailed information, see Publication 502, Medical and Dental Expenses (Including the Health Coverage Tax Credit). 1040ez tax form and booklet Artificial limbs, contact lenses, eyeglasses, and hearing aids. 1040ez tax form and booklet The part of the cost of Braille books and magazines that is more than the price of regular printed editions. 1040ez tax form and booklet Cost and repair of special telephone equipment for hearing-impaired persons. 1040ez tax form and booklet Cost and maintenance of a wheelchair or a three-wheel motor vehicle commercially known as an “autoette. 1040ez tax form and booklet ” Cost and care of a guide dog or other animal aiding a person with a physical disability. 1040ez tax form and booklet Costs for a school that furnishes special education if a principal reason for using the school is its resources for relieving a mental or physical disability. 1040ez tax form and booklet This includes the cost of teaching Braille and lip reading and the cost of remedial language training to correct a condition caused by a birth defect. 1040ez tax form and booklet Premiums for qualified long-term care insurance, up to certain amounts. 1040ez tax form and booklet Improvements to a home that do not increase its value if the main purpose is medical care. 1040ez tax form and booklet An example is constructing entrance or exit ramps. 1040ez tax form and booklet Improvements that increase a home's value, if the main purpose is medical care, may be partly included as a medical expense. 1040ez tax form and booklet See Publication 502 for more information. 1040ez tax form and booklet Impairment-Related Work Expenses If you are disabled, you can take a business deduction for expenses that are necessary for you to be able to work. 1040ez tax form and booklet If you take a business deduction for these impairment-related work expenses, they are not subject to the 10% (7. 1040ez tax form and booklet 5% if you or your spouse is age 65 or older) limit that applies to medical expenses. 1040ez tax form and booklet You are disabled if you have: A physical or mental disability (for example, blindness or deafness) that functionally limits your being employed, or A physical or mental impairment (including, but not limited to, a sight or hearing impairment) that substantially limits one or more of your major life activities, such as performing manual tasks, walking, speaking, breathing, learning, or working. 1040ez tax form and booklet Impairment-related expenses defined. 1040ez tax form and booklet   Impairment-related expenses are those ordinary and necessary business expenses that are: Necessary for you to do your work satisfactorily, For goods and services not required or used, other than incidentally, in your personal activities, and Not specifically covered under other income tax laws. 1040ez tax form and booklet Publication 502 contains more detailed information. 1040ez tax form and booklet Tax Credits This discussion highlights three tax credits that may be of interest to people with disabilities and those who care for people with disabilities. 1040ez tax form and booklet Child and Dependent Care Credit If you pay someone to care for either your dependent under age 13 or your spouse or dependent who is not able to care for himself or herself, you may be able to get a credit of up to 35% of your expenses. 1040ez tax form and booklet To qualify, you must pay these expenses so you can work or look for work. 1040ez tax form and booklet The care must be provided for: Your qualifying child who is your dependent and who was under age 13 when the care was provided, Your spouse who was not physically or mentally able to care for himself or herself and lived with you for more than half the year, or A person who was not physically or mentally able to care for himself or herself, lived with you for more than half the year, and either: Was your dependent, or Would have been your dependent except that: He or she received gross income of $3,900 or more, He or she filed a joint return, or You, or your spouse if filing jointly, could be claimed as a dependent on someone else's 2013 return. 1040ez tax form and booklet You can claim the credit on Form 1040 or 1040A. 1040ez tax form and booklet You cannot claim the credit on Form 1040EZ or Form 1040NR-EZ. 1040ez tax form and booklet You figure the credit on Form 2441. 1040ez tax form and booklet For more information, see the instructions for Form 1040, line 48, or Form 1040A, line 29. 1040ez tax form and booklet Publication 503, Child and Dependent Care Expenses, contains more detailed information. 1040ez tax form and booklet Credit for the Elderly or the Disabled You may be able to claim this credit if you are a U. 1040ez tax form and booklet S. 1040ez tax form and booklet citizen or a resident alien and either of the following apply. 1040ez tax form and booklet You were 65 or older at the end of 2013, You were under 65 at the end of 2013, and retired on permanent or total disability. 1040ez tax form and booklet You can claim the credit on Form 1040 or 1040A. 1040ez tax form and booklet You figure the credit on Schedule R. 1040ez tax form and booklet For more information, see the instructions for Form 1040, line 53, or Form 1040A, line 30. 1040ez tax form and booklet Publication 524, Credit for the Elderly or the Disabled, contains more detailed information. 1040ez tax form and booklet Earned Income Credit This credit is based on the amount of your earned income. 1040ez tax form and booklet You can get the credit if your adjusted gross income for 2013 is less than: $14,340 ($19,680 for married filing jointly) if you do not have a qualifying child, $37,870 ($43,210 for married filing jointly) if you have one qualifying child, $43,038 ($48,378 for married filing jointly) if you have two qualifying children, or $46,227 ($51,567 for married filing jointly) if you have three or more qualifying children. 1040ez tax form and booklet To figure the credit, use the worksheet in the instructions for Form 1040, 1040A, or 1040EZ. 1040ez tax form and booklet If you have a qualifying child, also complete Schedule EIC, Earned Income Credit, and attach it to your Form 1040 or 1040A. 1040ez tax form and booklet You cannot use Form 1040EZ if you have a qualifying child. 1040ez tax form and booklet Qualifying child. 1040ez tax form and booklet   To be a qualifying child, your child must be younger than you (or your spouse if married filing jointly) and under age 19 or a full-time student under age 24 at the end of 2013, or permanently and totally disabled at any time during 2013, regardless of age. 1040ez tax form and booklet Earned income. 1040ez tax form and booklet   If you are retired on disability, benefits you receive under your employer's disability retirement plan are considered earned income until you reach minimum retirement age. 1040ez tax form and booklet However, payments you received from a disability insurance policy that you paid the premiums for are not earned income. 1040ez tax form and booklet More information. 1040ez tax form and booklet   For more information, including all the requirements to claim the earned income credit, see the instructions for Form 1040, line 64a; Form 1040A, line 38a; or Form 1040EZ, line 8a. 1040ez tax form and booklet Publication 596, Earned Income Credit (EIC), contains more detailed information. 1040ez tax form and booklet Household Employers If you pay someone to work in your home, such as a babysitter or housekeeper, you may be a household employer who has to pay employment taxes. 1040ez tax form and booklet A person you hire through an agency is not your employee if the agency controls what work is done and how it is done. 1040ez tax form and booklet This control could include setting the fee, requiring regular reports, and providing rules of conduct and appearance. 1040ez tax form and booklet In this case you do not have to pay employment taxes on the amount you pay. 1040ez tax form and booklet But if you control what work is done and how it is done, the worker is your employee. 1040ez tax form and booklet If you possess the right to discharge a worker, that worker is generally considered to be your employee. 1040ez tax form and booklet If a worker is your employee, it does not matter that you hired the worker through an agency or from a list provided by an agency. 1040ez tax form and booklet To find out if you have to pay employment taxes, see Publication 926, Household Employer's Tax Guide For Wages Paid in 2013. 1040ez tax form and booklet Business Tax Incentives If you own or operate a business, or you are looking for work, you should be aware of the following tax incentives for businesses to help persons with disabilities. 1040ez tax form and booklet Deduction for costs of removing barriers to the disabled and the elderly—This is a deduction a business can take for making a facility or public transportation vehicle more accessible to and usable by persons who are disabled or elderly. 1040ez tax form and booklet For more information, see chapter 7 of Publication 535, Business Expenses. 1040ez tax form and booklet Disabled access credit—This is a nonrefundable tax credit for an eligible small business that pays or incurs expenses to provide access to persons with disabilities. 1040ez tax form and booklet The expenses must be to enable the eligible small business to comply with the Americans With Disabilities Act of 1990. 1040ez tax form and booklet See Form 8826, Disabled Access Credit, for more information. 1040ez tax form and booklet Work opportunity credit—This credit provides businesses with an incentive to hire individuals from targeted groups that have a particularly high unemployment rate or other special employment needs. 1040ez tax form and booklet One targeted group consists of vocational rehabilitation referrals. 1040ez tax form and booklet These are individuals who have a physical or mental disability that results in a substantial handicap to employment. 1040ez tax form and booklet See Form 5884, Work Opportunity Credit. 1040ez tax form and booklet How To Get Tax Help Go online, use a smart phone, call or walk in to an office near you. 1040ez tax form and booklet Whether it's help with a tax issue, preparing your tax return or picking up a free publication or form, get the help you need the way you want it. 1040ez tax form and booklet Free help with your tax return. 1040ez tax form and booklet   Free help in preparing your return is available nationwide from IRS-certified volunteers. 1040ez tax form and booklet The Volunteer Income Tax Assistance (VITA) program is designed to help low-to-moderate income, elderly, persons with disabilities, and limited English proficient taxpayers. 1040ez tax form and booklet The Tax Counseling for the Elderly (TCE) program is designed to assist taxpayers age 60 and older with their tax returns. 1040ez tax form and booklet Most VITA and TCE sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. 1040ez tax form and booklet Some VITA and TCE sites provide taxpayers the opportunity to prepare their return with the assistance of an IRS-certified volunteer. 1040ez tax form and booklet To find the nearest VITA or TCE site, visit IRS. 1040ez tax form and booklet gov or call 1-800-906-9887. 1040ez tax form and booklet   As part of the TCE program, AARP offers the Tax-Aide counseling program. 1040ez tax form and booklet To find the nearest AARP Tax-Aide site, visit AARP's website at www. 1040ez tax form and booklet aarp. 1040ez tax form and booklet org/money/taxaide or call 1-888-227-7669. 1040ez tax form and booklet   For more information on these programs, go to IRS. 1040ez tax form and booklet gov and enter “VITA” in the search box. 1040ez tax form and booklet Internet. 1040ez tax form and booklet IRS. 1040ez tax form and booklet gov and IRS2Go are ready when you are — every day, every night, 24 hours a day, 7 days a week. 1040ez tax form and booklet Apply for an Employer Identification Number (EIN). 1040ez tax form and booklet Go to IRS. 1040ez tax form and booklet gov and enter Apply for an EIN in the search box. 1040ez tax form and booklet Request an Electronic Filing PIN by going to IRS. 1040ez tax form and booklet gov and entering Electronic Filing PIN in the search box. 1040ez tax form and booklet Check the status of your 2013 refund with Where's My Refund? Go to IRS. 1040ez tax form and booklet gov or the IRS2Go app, and click on Where's My Refund? You'll get a personalized refund date as soon as the IRS processes your tax return and approves your refund. 1040ez tax form and booklet If you e-file, your refund status is usually available within 24 hours after the IRS receives your tax return or 4 weeks after you've mailed a paper return. 1040ez tax form and booklet Check the status of your amended return. 1040ez tax form and booklet Go to IRS. 1040ez tax form and booklet gov and enter Where's My Amended Return in the search box. 1040ez tax form and booklet Download forms, instructions, and publications, including some accessible versions. 1040ez tax form and booklet Order free transcripts of your tax returns or tax account using the Order a Transcript tool on IRS. 1040ez tax form and booklet gov or IRS2Go. 1040ez tax form and booklet Tax return and tax account transcripts are generally available for the current year and past three years. 1040ez tax form and booklet Figure your income tax withholding with the IRS Withholding Calculator on IRS. 1040ez tax form and booklet gov. 1040ez tax form and booklet Use it if you've had too much or too little withheld, your personal situation has changed, you're starting a new job or you just want to see if you're having the right amount withheld. 1040ez tax form and booklet Determine if you might be subject to the Alternative Minimum Tax by using the Alternative Minimum Tax Assistant on IRS. 1040ez tax form and booklet gov. 1040ez tax form and booklet Locate the nearest Taxpayer Assistance Center using the Office Locator tool on IRS. 1040ez tax form and booklet gov or IRS2Go. 1040ez tax form and booklet Stop by most business days for face-to-face tax help, no appointment necessary — just walk in. 1040ez tax form and booklet An employee can explain IRS letters, request adjustments to your tax account or help you set up a payment plan. 1040ez tax form and booklet Before you visit, check the Office Locator for the address, phone number, hours of operation and the services provided. 1040ez tax form and booklet If you have an ongoing tax account problem or a special need, such as a disability, you can request an appointment. 1040ez tax form and booklet Call the local number listed in the Office Locator, or look in the phone book under United States Government, Internal Revenue Service. 1040ez tax form and booklet Locate the nearest volunteer help site with the VITA Locator Tool on IRS. 1040ez tax form and booklet gov. 1040ez tax form and booklet Low-to-moderate income, elderly, persons with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. 1040ez tax form and booklet The Tax Counseling for the Elderly (TCE) program helps taxpayers 60 and older with their tax returns. 1040ez tax form and booklet Most VITA and TCE sites offer free electronic filing and some provide IRS-certified volunteers who can help prepare your tax return. 1040ez tax form and booklet AARP offers the Tax-Aide counseling program as part of the TCE program. 1040ez tax form and booklet Visit AARP's website to find the nearest Tax-Aide location. 1040ez tax form and booklet Research your tax questions. 1040ez tax form and booklet Search publications and instructions by topic or keyword. 1040ez tax form and booklet Read the Internal Revenue Code, regulations, or other official guidance. 1040ez tax form and booklet Read Internal Revenue Bulletins. 1040ez tax form and booklet Sign up to receive local and national tax news by email. 1040ez tax form and booklet Phone. 1040ez tax form and booklet You can call the IRS, or you can carry it in your pocket with the IRS2Go app on your smart phone or tablet. 1040ez tax form and booklet Download the free IRS2Go mobile app from the iTunes app store or from Google Play. 1040ez tax form and booklet Use it to watch the IRS YouTube channel, get IRS news as soon as it's released to the public, order transcripts of your tax returns or tax account, check your refund status, subscribe to filing season updates or daily tax tips, and follow the IRS Twitter news feed, @IRSnews, to get the latest federal tax news, including information about tax law changes and important IRS programs. 1040ez tax form and booklet Call to locate the nearest volunteer help site, 1-800-906-9887. 1040ez tax form and booklet Low-to-moderate income, elderly, persons with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. 1040ez tax form and booklet The Tax Counseling for the Elderly (TCE) program helps taxpayers 60 and older with their tax returns. 1040ez tax form and booklet Most VITA and TCE sites offer free electronic filing. 1040ez tax form and booklet Some VITA and TCE sites provide IRS-certified volunteers who can help prepare your tax return. 1040ez tax form and booklet Through the TCE program, AARP offers the Tax-Aide counseling program; call 1-888-227-7669 to find the nearest Tax-Aide location. 1040ez tax form and booklet Call to check the status of your 2013 refund, 1-800-829-1954 or 1-800-829-4477. 1040ez tax form and booklet The automated Where's My Refund? information is available 24 hours a day, 7 days a week. 1040ez tax form and booklet If you e-file, your refund status is usually available within 24 hours after the IRS receives your tax return or 4 weeks after you've mailed a paper return. 1040ez tax form and booklet Before you call, have your 2013 tax return handy so you can provide your social security number, your filing status, and the exact whole dollar amount of your refund. 1040ez tax form and booklet Where's My Refund? can give you a personalized refund date as soon as the IRS processes your tax return and approves your refund. 1040ez tax form and booklet Where's My Refund? includes information for the most recent return filed in the current year and does not include information about amended returns. 1040ez tax form and booklet Call the Amended Return Hotline, 1-866-464-2050, to check the status of your amended return. 1040ez tax form and booklet Call to order forms, instructions and publications, 1-800-TAX-FORM (1-800-829-3676) to order current-year forms, instructions and publications, and prior-year forms and instructions (limited to 5 years). 1040ez tax form and booklet You should receive your order within 10 business days. 1040ez tax form and booklet Call to order transcripts of your tax returns or tax account, 1-800-908-9946. 1040ez tax form and booklet Follow the prompts to provide your Social Security Number or Individual Taxpayer Identification Number, date of birth, street address and ZIP code. 1040ez tax form and booklet Call for TeleTax topics, 1-800-829-4477, to listen to pre-recorded messages covering various tax topics. 1040ez tax form and booklet Call to ask tax questions, 1-800-829-1040. 1040ez tax form and booklet Call using TTY/TDD equipment, 1-800-829-4059 to ask tax questions or order forms and publications. 1040ez tax form and booklet The TTY/TDD telephone number is for people who are deaf, hard of hearing, or have a speech disability. 1040ez tax form and booklet These individuals can also contact the IRS through relay services such as the Federal Relay Service available at www. 1040ez tax form and booklet gsa. 1040ez tax form and booklet gov/fedrelay. 1040ez tax form and booklet Walk-in. 1040ez tax form and booklet You can find a selection of forms, publications and services — in-person, face-to-face. 1040ez tax form and booklet Products. 1040ez tax form and booklet You can walk in to some post offices, libraries, and IRS offices to pick up certain forms, instructions, and publications. 1040ez tax form and booklet Some IRS offices, libraries, and city and county government offices have a collection of products available to photocopy from reproducible proofs. 1040ez tax form and booklet Services. 1040ez tax form and booklet You can walk in to your local TAC most business days for personal, face-to-face tax help. 1040ez tax form and booklet An employee can explain IRS letters, request adjustments to your tax account, or help you set up a payment plan. 1040ez tax form and booklet If you need to resolve a tax problem, have questions about how the tax law applies to your individual tax return, or you are more comfortable talking with someone in person, visit your local TAC where you can talk with an IRS representative face-to-face. 1040ez tax form and booklet No appointment is necessary—just walk in. 1040ez tax form and booklet Before visiting, check www. 1040ez tax form and booklet irs. 1040ez tax form and booklet gov/localcontacts for hours of operation and services provided. 1040ez tax form and booklet Mail. 1040ez tax form and booklet You can send your order for forms, instructions, and publications to the address below. 1040ez tax form and booklet You should receive a response within 10 business days after your request is received. 1040ez tax form and booklet  Internal Revenue Service 1201 N. 1040ez tax form and booklet Mitsubishi Motorway Bloomington, IL 61705-6613 The Taxpayer Advocate Service Is Here to Help You. 1040ez tax form and booklet   The Taxpayer Advocate Service (TAS) is your voice at the IRS. 1040ez tax form and booklet Our job is to ensure that every taxpayer is treated fairly and that you know and understand your rights. 1040ez tax form and booklet What can TAS do for you?   We can offer you free help with IRS problems that you can't resolve on your own. 1040ez tax form and booklet We know this process can be confusing, but the worst thing you can do is nothing at all! TAS can help if you can't resolve your tax problem and: Your problem is causing financial difficulties for you, your family, or your business. 1040ez tax form and booklet You face (or your business is facing) an immediate threat of adverse action. 1040ez tax form and booklet You've tried repeatedly to contact the IRS but no one has responded, or the IRS hasn't responded by the date promised. 1040ez tax form and booklet   If you qualify for our help, you'll be assigned to one advocate who'll be with you at every turn and will do everything possible to resolve your problem. 1040ez tax form and booklet Here's why we can help: TAS is an independent organization within the IRS. 1040ez tax form and booklet Our advocates know how to work with the IRS. 1040ez tax form and booklet Our services are free and tailored to meet your needs. 1040ez tax form and booklet We have offices in every state, the District of Columbia, and Puerto Rico. 1040ez tax form and booklet How can you reach us?   If you think TAS can help you, call your local advocate, whose number is in your local directory and at www. 1040ez tax form and booklet irs. 1040ez tax form and booklet gov/advocate, or call us toll-free at 1-877-777-4778. 1040ez tax form and booklet How else does TAS help taxpayers?   TAS also works to resolve large-scale, systemic problems that affect many taxpayers. 1040ez tax form and booklet If you know of one of these broad issues, please report it to us through our Systemic Advocacy Management System at www. 1040ez tax form and booklet irs. 1040ez tax form and booklet gov/sams. 1040ez tax form and booklet Low Income Taxpayer Clinics. 1040ez tax form and booklet   Low Income Taxpayer Clinics (LITCs) serve individuals whose income is below a certain level and need to resolve tax problems such as audits, appeals, and tax collection disputes. 1040ez tax form and booklet Some clinics can provide information about taxpayer rights and responsibilities in different languages for individuals who speak English as a second language. 1040ez tax form and booklet Visit www. 1040ez tax form and booklet TaxpayerAdvocate. 1040ez tax form and booklet irs. 1040ez tax form and booklet gov or see IRS Publication 4134, Low Income Taxpayer Clinic List. 1040ez tax form and booklet Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Tax Relief for Victims of Tropical Storm Irene in Massachusetts

E-file to Remain Open through Oct. 31 for Irene Victims

Sept. 6, 2011

BOSTON — Victims of Tropical Storm Irene that began on Aug. 27, 2011, in Massachusetts may qualify for tax relief from the Internal Revenue Service.

The President has declared the following counties a federal disaster area: Berkshire and Franklin. Individuals who reside or have a business in these counties may qualify for tax relief.

The declaration permits the IRS to postpone certain deadlines for taxpayers who reside or have a business in the disaster area. For instance, certain deadlines falling on or after Aug. 27, and on or before Oct. 31, have been postponed to Oct. 31, 2011. This includes corporations and other businesses that previously obtained an extension until Sept. 15 to file their 2010 returns, and individuals and businesses that received a similar extension until Oct. 17. It also includes the estimated tax payment for the third quarter, normally due Sept. 15.

In addition, the IRS is waiving the failure-to-deposit penalties for employment and excise tax deposits due on or after Aug. 27, and on or before Sept. 12, as long as the deposits are made by Sept. 12, 2011.

If an affected taxpayer receives a penalty notice from the IRS, the taxpayer should call the telephone number on the notice to have the IRS abate any interest and any late filing or late payment penalties that would otherwise apply. Penalties or interest will be abated only for taxpayers who have an original or extended filing, payment or deposit due date, including an extended filing or payment due date, that falls within the postponement period.

The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief. But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 1-866-562-5227 to request this tax relief.

Covered Disaster Area

The counties listed above constitute a covered disaster area for purposes of Treas. Reg. § 301.7508A-1(d)(2) and are entitled to the relief detailed below.

Affected Taxpayers

Taxpayers considered to be affected taxpayers eligible for the postponement of time to file returns, pay taxes and perform other time-sensitive acts are those taxpayers listed in Treas. Reg. § 301.7508A-1(d)(1), and include individuals who live, and businesses whose principal place of business is located, in the covered disaster area. Taxpayers not in the covered disaster area, but whose records necessary to meet a deadline listed in Treas. Reg. § 301.7508A-1(c) are in the covered disaster area, are also entitled to relief. In addition, all relief workers affiliated with a recognized government or philanthropic organization assisting in the relief activities in the covered disaster area and any individual visiting the covered disaster area who was killed or injured as a result of the disaster are entitled to relief.

Grant of Relief

Under section 7508A, the IRS gives affected taxpayers until Oct. 31 to file most tax returns (including individual, corporate, and estate and trust income tax returns; partnership returns, S corporation returns, and trust returns; estate, gift, and generation-skipping transfer tax returns; and employment and certain excise tax returns), or to make tax payments, including estimated tax payments, that have either an original or extended due date occurring on or after Aug. 27 and on or before Oct. 31.

The IRS also gives affected taxpayers until Oct. 31 to perform other time-sensitive actions described in Treas. Reg. § 301.7508A-1(c)(1) and Rev. Proc. 2007-56, 2007-34 I.R.B. 388 (Aug. 20, 2007), that are due to be performed on or after Aug. 27 and on or before Oct. 31.

This relief also includes the filing of Form 5500 series returns, in the manner described in section 8 of Rev. Proc. 2007-56. The relief described in section 17 of Rev. Proc. 2007-56, pertaining to like-kind exchanges of property, also applies to certain taxpayers who are not otherwise affected taxpayers and may include acts required to be performed before or after the period above.

The postponement of time to file and pay does not apply to information returns in the W-2, 1098, 1099 series, or to Forms 1042-S or 8027. Penalties for failure to timely file information returns can be waived under existing procedures for reasonable cause. Likewise, the postponement does not apply to employment and excise tax deposits. The IRS, however, will abate penalties for failure to make timely employment and excise tax deposits due on or after Aug. 27 and on or before Sept. 12 provided the taxpayer makes these deposits by Sept. 12.

Casualty Losses

Affected taxpayers in a federally declared disaster area have the option of claiming disaster-related casualty losses on their federal income tax return for either this year or last year. Claiming the loss on an original or amended return for last year will get the taxpayer an earlier refund, but waiting to claim the loss on this year’s return could result in a greater tax saving, depending on other income factors.

Individuals may deduct personal property losses that are not covered by insurance or other reimbursements. For details, see Form 4684 and its instructions.

Affected taxpayers claiming the disaster loss on last year’s return should put the Disaster Designation “Massachusetts/Tropical Storm Irene” at the top of the form so that the IRS can expedite the processing of the refund.

Other Relief

The IRS will waive the usual fees and expedite requests for copies of previously filed tax returns for affected taxpayers. Taxpayers should put the assigned Disaster Designation in red ink at the top of Form 4506, Request for Copy of Tax Return, or Form 4506-T, Request for Transcript of Tax Return, as appropriate, and submit it to the IRS.

Affected taxpayers who are contacted by the IRS on a collection or examination matter should explain how the disaster impacts them so that the IRS can provide appropriate consideration to their case.

Taxpayers may download forms and publications from this website, irs.gov, or order them by calling 1-800-TAX-FORM (1-800-829-3676). The IRS toll-free number for general tax questions is 1-800-829-1040.

Related Information

 

 

Page Last Reviewed or Updated: 20-Feb-2014

The 1040ez Tax Form And Booklet

1040ez tax form and booklet 1. 1040ez tax form and booklet   Importance of Records Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Benefits of Recordkeeping Kinds of Records To Keep How Long To Keep Records Introduction A farmer, like other taxpayers, must keep records to prepare an accurate income tax return and determine the correct amount of tax. 1040ez tax form and booklet This chapter explains the benefits of keeping records, what kinds of records you must keep, and how long you must keep them for federal tax purposes. 1040ez tax form and booklet Tax records are not the only type of records you need to keep for your farming business. 1040ez tax form and booklet You should also keep records that measure your farm's financial performance. 1040ez tax form and booklet This publication only discusses tax records. 1040ez tax form and booklet The Farm Financial Standards Council has produced a publication that provides a detailed explanation of the recommendations of the Council for financial reporting and analysis. 1040ez tax form and booklet For information on recordkeeping, you can purchase and download Financial Guidelines for Agricultural Producers at www. 1040ez tax form and booklet ffsc. 1040ez tax form and booklet org. 1040ez tax form and booklet For more information, contact Countryside Marketing, Inc. 1040ez tax form and booklet in the following manner. 1040ez tax form and booklet Call 262-253-6902. 1040ez tax form and booklet Send a fax to 262-253-6903. 1040ez tax form and booklet Write to: Farm Financial Standards Council N78 W14573 Appleton Ave. 1040ez tax form and booklet , #287 Menomonee Falls, WI 53051. 1040ez tax form and booklet Topics - This chapter discusses: Benefits of recordkeeping Kinds of records to keep How long to keep records Useful Items - You may want to see: Publication 51 (Circular A), Agricultural Employer's Tax Guide 463 Travel, Entertainment, Gift, and Car Expenses See chapter 16 for information about getting publications. 1040ez tax form and booklet Benefits of Recordkeeping Everyone in business, including farmers, must keep appropriate records. 1040ez tax form and booklet Recordkeeping will help you do the following. 1040ez tax form and booklet Monitor the progress of your farming business. 1040ez tax form and booklet   You need records to monitor the progress of your farming business. 1040ez tax form and booklet Records can show whether your business is improving, which items are selling, or what changes you need to make. 1040ez tax form and booklet Records can help you make better decisions that may increase the likelihood of business success. 1040ez tax form and booklet Prepare your financial statements. 1040ez tax form and booklet   You need records to prepare accurate financial statements. 1040ez tax form and booklet These include income (profit and loss) statements and balance sheets. 1040ez tax form and booklet These statements can help you in dealing with your bank or creditors and help you to manage your farm business. 1040ez tax form and booklet Identify source of receipts. 1040ez tax form and booklet   You will receive money or property from many sources. 1040ez tax form and booklet Your records can identify the source of your receipts. 1040ez tax form and booklet You need this information to separate farm from nonfarm receipts and taxable from nontaxable income. 1040ez tax form and booklet Keep track of deductible expenses. 1040ez tax form and booklet   You may forget expenses when you prepare your tax return unless you record them when they occur. 1040ez tax form and booklet Prepare your tax returns. 1040ez tax form and booklet   You need records to prepare your tax return. 1040ez tax form and booklet For example, your records must support the income, expenses, and credits you report. 1040ez tax form and booklet Generally, these are the same records you use to monitor your farming business and prepare your financial statements. 1040ez tax form and booklet Support items reported on tax returns. 1040ez tax form and booklet   You must keep your business records available at all times for inspection by the IRS. 1040ez tax form and booklet If the IRS examines any of your tax returns, you may be asked to explain the items reported. 1040ez tax form and booklet A complete set of records will speed up the examination. 1040ez tax form and booklet Kinds of Records To Keep Except in a few cases, the law does not require any specific kind of records. 1040ez tax form and booklet You can choose any recordkeeping system suited to your farming business that clearly shows, for example, your income and expenses. 1040ez tax form and booklet You should set up your recordkeeping system using an accounting method that clearly shows your income for your tax year. 1040ez tax form and booklet See  chapter 2. 1040ez tax form and booklet If you are in more than one business, you should keep a complete and separate set of records for each business. 1040ez tax form and booklet A corporation should keep minutes of board of directors' meetings. 1040ez tax form and booklet Your recordkeeping system should include a summary of your business transactions. 1040ez tax form and booklet This summary is ordinarily made in accounting journals and ledgers. 1040ez tax form and booklet For example, they must show your gross income, as well as your deductions and credits. 1040ez tax form and booklet In addition, you must keep supporting documents. 1040ez tax form and booklet Purchases, sales, payroll, and other transactions you have in your business generate supporting documents such as invoices and receipts. 1040ez tax form and booklet These documents contain the information you need to record in your journals and ledgers. 1040ez tax form and booklet It is important to keep these documents because they support the entries in your journals and ledgers and on your tax return. 1040ez tax form and booklet Keep them in an orderly fashion and in a safe place. 1040ez tax form and booklet For instance, organize them by year and type of income or expense. 1040ez tax form and booklet Electronic records. 1040ez tax form and booklet   All requirements that apply to hard copy books and records also apply to electronic storage systems that maintain tax books and records. 1040ez tax form and booklet When you replace hard copy books and records, you must maintain the electronic storage systems for as long as they are material to the administration of tax law. 1040ez tax form and booklet An electronic storage system is any system for preparing or keeping your records either by electronic imaging or by transfer to an electronic storage media. 1040ez tax form and booklet The electronic storage system must index, store, preserve, retrieve and reproduce the electronically stored books and records in legible format. 1040ez tax form and booklet All electronic storage systems must provide a complete and accurate record of your data that is accessible to the IRS. 1040ez tax form and booklet Electronic storage systems are also subject to the same controls and retention guidelines as those imposed on your original hard copy books and records. 1040ez tax form and booklet The original hard copy books and records may be destroyed provided that the electronic storage system has been tested to establish that the hard copy books and records are being reproduced in compliance with IRS requirements for an electronic storage system and procedures are established to ensure continued compliance with all applicable rules and regulations. 1040ez tax form and booklet You still have the responsibility of retaining any other books and records that are required to be retained. 1040ez tax form and booklet The IRS may test your electronic storage system, including the equipment used, indexing methodology, software and retrieval capabilities. 1040ez tax form and booklet This test is not considered an examination and the results must be shared with you. 1040ez tax form and booklet If your electronic storage system meets the requirements mentioned earlier, you will be in compliance. 1040ez tax form and booklet If not, you may be subject to penalties for non-compliance, unless you continue to maintain your original hard copybooks and records in a manner that allows you and the IRS to determine your correct tax. 1040ez tax form and booklet For details on electronic storage system requirements, see Rev. 1040ez tax form and booklet Proc. 1040ez tax form and booklet 97-22. 1040ez tax form and booklet You can find Rev. 1040ez tax form and booklet Proc. 1040ez tax form and booklet 97-22 on page 9 of Internal Revenue Bulletin 1997-13 at  www. 1040ez tax form and booklet irs. 1040ez tax form and booklet gov/pub/irs-irbs/irb97-13. 1040ez tax form and booklet pdf. 1040ez tax form and booklet Travel, transportation, entertainment, and gift expenses. 1040ez tax form and booklet   Specific recordkeeping rules apply to these expenses. 1040ez tax form and booklet For more information, see Publication 463. 1040ez tax form and booklet Employment taxes. 1040ez tax form and booklet   There are specific employment tax records you must keep. 1040ez tax form and booklet For a list, see Publication 51 (Circular A). 1040ez tax form and booklet Excise taxes. 1040ez tax form and booklet   See How To Claim a Credit or Refund in chapter 14 for the specific records you must keep to verify your claim for credit or refund of excise taxes on certain fuels. 1040ez tax form and booklet Assets. 1040ez tax form and booklet   Assets are the property, such as machinery and equipment, you own and use in your business. 1040ez tax form and booklet You must keep records to verify certain information about your business assets. 1040ez tax form and booklet You need records to figure your annual depreciation deduction and the gain or (loss) when you sell the assets. 1040ez tax form and booklet Your records should show all the following. 1040ez tax form and booklet When and how you acquired the asset. 1040ez tax form and booklet Purchase price. 1040ez tax form and booklet Cost of any improvements. 1040ez tax form and booklet Section 179 deduction taken. 1040ez tax form and booklet Deductions taken for depreciation. 1040ez tax form and booklet Deductions taken for casualty losses, such as losses resulting from fires or storms. 1040ez tax form and booklet How you used the asset. 1040ez tax form and booklet When and how you disposed of the asset. 1040ez tax form and booklet Selling price. 1040ez tax form and booklet Expenses of sale. 1040ez tax form and booklet   The following are examples of records that may show this information. 1040ez tax form and booklet Purchase and sales invoices. 1040ez tax form and booklet Real estate closing statements. 1040ez tax form and booklet Canceled checks. 1040ez tax form and booklet Bank statements. 1040ez tax form and booklet Financial account statements as proof of payment. 1040ez tax form and booklet   If you do not have a canceled check, you may be able to prove payment with certain financial account statements prepared by financial institutions. 1040ez tax form and booklet These include account statements prepared for the financial institution by a third party. 1040ez tax form and booklet These account statements must be legible. 1040ez tax form and booklet The following table lists acceptable account statements. 1040ez tax form and booklet IF payment is by. 1040ez tax form and booklet . 1040ez tax form and booklet . 1040ez tax form and booklet THEN the statement must show the. 1040ez tax form and booklet . 1040ez tax form and booklet . 1040ez tax form and booklet Check Check number. 1040ez tax form and booklet Amount. 1040ez tax form and booklet Payee's name. 1040ez tax form and booklet Date the check amount was posted to the account by the financial institution. 1040ez tax form and booklet Electronic funds  transfer Amount transferred. 1040ez tax form and booklet Payee's name. 1040ez tax form and booklet Date the transfer was posted to the account by the financial institution. 1040ez tax form and booklet Credit card Amount charged. 1040ez tax form and booklet Payee's name. 1040ez tax form and booklet Transaction date. 1040ez tax form and booklet    Proof of payment of an amount, by itself, does not establish you are entitled to a tax deduction. 1040ez tax form and booklet You should also keep other documents, such as credit card sales slips and invoices, to show that you also incurred the cost. 1040ez tax form and booklet Tax returns. 1040ez tax form and booklet   Keep copies of your filed tax returns. 1040ez tax form and booklet They help in preparing future tax returns and making computations if you file an amended return. 1040ez tax form and booklet Keep copies of your information returns such as Form 1099, Schedule K-1, and Form W-2. 1040ez tax form and booklet How Long To Keep Records You must keep your records as long as they may be needed for the administration of any provision of the Internal Revenue Code. 1040ez tax form and booklet Keep records that support an item of income or a deduction appearing on a return until the period of limitations for the return runs out. 1040ez tax form and booklet A period of limitations is the period of time after which no legal action can be brought. 1040ez tax form and booklet Generally, that means you must keep your records for at least 3 years from when your tax return was due or filed or within 2 years of the date the tax was paid, whichever is later. 1040ez tax form and booklet However, certain records must be kept for a longer period of time, as discussed below. 1040ez tax form and booklet Employment taxes. 1040ez tax form and booklet   If you have employees, you must keep all employment tax records for at least 4 years after the date the tax becomes due or is paid, whichever is later. 1040ez tax form and booklet Assets. 1040ez tax form and booklet   Keep records relating to property until the period of limitations expires for the year in which you dispose of the property in a taxable disposition. 1040ez tax form and booklet You must keep these records to figure any depreciation, amortization, or depletion deduction and to figure your basis for computing gain or (loss) when you sell or otherwise dispose of the property. 1040ez tax form and booklet   You may need to keep records relating to the basis of property longer than the period of limitation. 1040ez tax form and booklet Keep those records as long as they are important in figuring the basis of the original or replacement property. 1040ez tax form and booklet Generally, this means as long as you own the property and, after you dispose of it, for the period of limitations that applies to you. 1040ez tax form and booklet For example, if you received property in a nontaxable exchange, you must keep the records for the old property, as well as for the new property, until the period of limitations expires for the year in which you dispose of the new property in a taxable disposition. 1040ez tax form and booklet For more information on basis, see chapter 6. 1040ez tax form and booklet Records for nontax purposes. 1040ez tax form and booklet   When your records are no longer needed for tax purposes, do not discard them until you check to see if you have to keep them longer for other purposes. 1040ez tax form and booklet For example, your insurance company or creditors may require you to keep them longer than the IRS does. 1040ez tax form and booklet Prev  Up  Next   Home   More Online Publications