Get Your Tax Refund
File your Federal Taxes for
Free with TurboTax Federal FREE Edition
FREE to Prepare + FREE to Print + FREE to E-file
- 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 1040 Ez1040ez H&r BlockFree Federal And State Tax Filing 2012 Online1040x HelpFiling 2011 Tax Returns FreeFile 2012 Taxes Online FreeTax Forms 1040x2012 Tax ReturnHow To File Tax AmendmentVita Tax PreparerFree H&r Block TaxesPrior Year Tax ReturnFree 1040 Tax ReturnWhere Can I File My 2010 Taxes Online For FreeIrs Tax Form 1040x2010 Tax Tables FederalFile Taxes For FreeEz 1040 Form 2012Amended Return 20112011 Online Tax ReturnIrs 1040xE File Taxes FreeFree Online Tax Filing2012 Tax Forms 10402013 Irs Form 1040 EzTax Penalty Underpayment2010 Tax Forms 1040a1040ez Form PrintableDownload A 1040ez Federal Tax FormH&r Block Free FilingForm1040ezTax 2010H&rblockTaxact 2011 Free DownloadAmend 2012 Tax Return TurbotaxInformation About Tax Returns For StudentsFill Out 1040x OnlineTax Forms For 20121040x Amended Tax Form2009 Tax Return FormAmend My 2011 Taxes
2012 1040 Ez2012 1040 ez 9. 2012 1040 ez Worksheets Table of Contents When Should I Figure MAC?Checking the Previous Year's Contributions Available Worksheets Chapter 2 introduced you to the term maximum amount contributable (MAC). 2012 1040 ez Generally, your MAC is the lesser of your: Limit on annual additions (chapter 3), or Limit on elective deferrals (chapter 4). 2012 1040 ez The worksheets in this chapter can help you figure the cost of incidental life insurance, your includible compensation, your limit on annual additions, your limit on elective deferrals, your limit on catch-up contributions, and your MAC. 2012 1040 ez After completing the worksheets, you should maintain them with your 403(b) records for that year. 2012 1040 ez Do not attach them to your tax return. 2012 1040 ez At the end of the year or the beginning of the next year, you should compare your estimated compensation figures with your actual figures. 2012 1040 ez If your compensation is the same as, or more than, the projected amounts and the calculations are correct, then you should simply file these worksheets with your other tax records for the year. 2012 1040 ez If your compensation was lower than your estimated figures, you will need to check the amount contributed during the year to determine if contributions are more than your MAC. 2012 1040 ez When Should I Figure MAC? At the beginning of each year, you should figure your MAC using a conservative estimate of your compensation. 2012 1040 ez Should your income change during the year, you should refigure your MAC based on a revised conservative estimate. 2012 1040 ez By doing this, you will be able to determine if contributions to your 403(b) account should be increased or decreased for the year. 2012 1040 ez Checking the Previous Year's Contributions At the beginning of the following year, you should refigure your MAC based on your actual earned income. 2012 1040 ez At the end of the current year or the beginning of the next year, you should check your contributions to be sure you did not exceed your MAC. 2012 1040 ez This means refiguring your limit based on your actual compensation figures for the year. 2012 1040 ez This will allow you to determine if the amount contributed is more than the allowable amounts, and possibly avoid additional taxes. 2012 1040 ez Available Worksheets The following worksheets have been provided to help you figure your MAC. 2012 1040 ez Worksheet A. 2012 1040 ez Cost of Incidental Life Insurance. 2012 1040 ez Worksheet B. 2012 1040 ez Includible Compensation for Your Most Recent Year of Service Worksheet C. 2012 1040 ez Limit on Catch-Up Contributions. 2012 1040 ez ??? Worksheet 1. 2012 1040 ez Maximum Amount Contributable (MAC). 2012 1040 ez Worksheet A. 2012 1040 ez Cost of Incidental Life Insurance Note. 2012 1040 ez Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. 2012 1040 ez This amount will be used to figure includible compensation for your most recent year of service. 2012 1040 ez 1. 2012 1040 ez Enter the value of the contract (amount payable upon your death) 1. 2012 1040 ez 2. 2012 1040 ez Enter the cash value in the contract at the end of the year 2. 2012 1040 ez 3. 2012 1040 ez Subtract line 2 from line 1. 2012 1040 ez This is the value of your current life insurance protection 3. 2012 1040 ez 4. 2012 1040 ez Enter your age on your birthday nearest the beginning of the policy year 4. 2012 1040 ez 5. 2012 1040 ez Enter the 1-year term premium for $1,000 of life insurance based on your age. 2012 1040 ez (From Figure 3-1) 5. 2012 1040 ez 6. 2012 1040 ez Divide line 3 by $1,000 6. 2012 1040 ez 7. 2012 1040 ez Multiply line 6 by line 5. 2012 1040 ez This is the cost of your incidental life insurance 7. 2012 1040 ez Worksheet B. 2012 1040 ez Includible Compensation for Your Most Recent Year of Service1 Note. 2012 1040 ez Use this worksheet to figure includible compensation for your most recent year of service. 2012 1040 ez 1. 2012 1040 ez Enter your includible wages from the employer maintaining your 403(b) account for your most recent year of service 1. 2012 1040 ez 2. 2012 1040 ez Enter elective deferrals excluded from your gross income for your most recent year of service2 2. 2012 1040 ez 3. 2012 1040 ez Enter amounts contributed or deferred by your employer under a cafeteria plan for your most recent year of service 3. 2012 1040 ez 4. 2012 1040 ez Enter amounts contributed or deferred by your employer according to your election to your 457 account (a nonqualified plan of a state or local government or of a tax-exempt organization) for your most recent year of service 4. 2012 1040 ez 5. 2012 1040 ez Enter pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan for your most recent year of service 5. 2012 1040 ez 6. 2012 1040 ez Enter your foreign earned income exclusion for your most recent year of service 6. 2012 1040 ez 7. 2012 1040 ez Add lines 1, 2, 3, 4, 5, and 6 7. 2012 1040 ez 8. 2012 1040 ez Enter the cost of incidental life insurance that is part of your annuity contract for your most recent year of service 8. 2012 1040 ez 9. 2012 1040 ez Enter compensation that was both: Earned during your most recent year of service, and Earned while your employer was not qualified to maintain a 403(b) plan 9. 2012 1040 ez 10. 2012 1040 ez Add lines 8 and 9 10. 2012 1040 ez 11. 2012 1040 ez Subtract line 10 from line 7. 2012 1040 ez This is your includible compensation for your most recent year of service 11. 2012 1040 ez 1Use estimated amounts if figuring includible compensation before the end of the year. 2012 1040 ez 2Elective deferrals made to a designated Roth account are not excluded from your gross income and should not be included on this line. 2012 1040 ez Worksheet C. 2012 1040 ez Limit on Catch-Up Contributions Note. 2012 1040 ez If you will be age 50 or older by the end of the year, use this worksheet to figure your limit on catch-up contributions. 2012 1040 ez 1. 2012 1040 ez Maximum catch-up contributions 1. 2012 1040 ez $5,500 2. 2012 1040 ez Enter your includible compensation for your most recent year of service 2. 2012 1040 ez 3. 2012 1040 ez Enter your elective deferrals 3. 2012 1040 ez 4. 2012 1040 ez Subtract line 3 from line 2 4. 2012 1040 ez 5. 2012 1040 ez Enter the lesser of line 1 or line 4. 2012 1040 ez This is your limit on catch-up contributions 5. 2012 1040 ez Worksheet 1. 2012 1040 ez Maximum Amount Contributable (MAC) Note. 2012 1040 ez Use this worksheet to figure your MAC. 2012 1040 ez Part I. 2012 1040 ez Limit on Annual Additions 1. 2012 1040 ez Enter your includible compensation for your most recent year of service 1. 2012 1040 ez 2. 2012 1040 ez Maximum1: For 2013, enter $51,000 For 2014, enter $52,000 2. 2012 1040 ez 3. 2012 1040 ez Enter the lesser of line 1 or line 2. 2012 1040 ez This is your limit on annual additions 3. 2012 1040 ez Caution: If you had only nonelective contributions, skip Part II and enter the amount from line 3 on line 18. 2012 1040 ez Part II. 2012 1040 ez Limit on Elective Deferrals 4. 2012 1040 ez Maximum contribution: For 2013, enter $17,500 For 2014, enter $17,500 4. 2012 1040 ez Note. 2012 1040 ez If you have at least 15 years of service with a qualifying organization, complete lines 5 through 17. 2012 1040 ez If not, enter zero (-0-) on line 16 and go to line 17. 2012 1040 ez 5. 2012 1040 ez Amount per year of service 5. 2012 1040 ez $ 5,000 6. 2012 1040 ez Enter your years of service 6. 2012 1040 ez 7. 2012 1040 ez Multiply line 5 by line 6 7. 2012 1040 ez 8. 2012 1040 ez Enter the total of all elective deferrals made for you by the qualifying organization for prior years 8. 2012 1040 ez 9. 2012 1040 ez Subtract line 8 from line 7. 2012 1040 ez If zero or less, enter zero (-0-) 9. 2012 1040 ez 10. 2012 1040 ez Maximum increase in limit for long service 10. 2012 1040 ez $15,000 11. 2012 1040 ez Enter the total of additional pre-tax elective deferrals made in prior years under the 15-year rule 11. 2012 1040 ez 12. 2012 1040 ez Enter the aggregate amount of all designated Roth contributions permitted for prior years under the 15-year rule 12. 2012 1040 ez 13. 2012 1040 ez Add line 11 and line 12 13. 2012 1040 ez 14. 2012 1040 ez Subtract line 13 from line 10 14. 2012 1040 ez 15. 2012 1040 ez Maximum additional contributions 15. 2012 1040 ez $ 3,000 16. 2012 1040 ez Enter the least of lines 9, 14, or 15. 2012 1040 ez This is your increase in the limit for long service 16. 2012 1040 ez 17. 2012 1040 ez Add lines 4 and 16. 2012 1040 ez This is your limit on elective deferrals 17. 2012 1040 ez Part III. 2012 1040 ez Maximum Amount Contributable 18. 2012 1040 ez If you had only nonelective contributions, enter the amount from line 3. 2012 1040 ez This is your MAC. 2012 1040 ez If you had only elective deferrals, enter the lesser of lines 3 or 17. 2012 1040 ez This is your MAC. 2012 1040 ez If you had both elective deferrals and nonelective contributions, enter the amount from line 3. 2012 1040 ez This is your MAC. 2012 1040 ez (Use the amount on line 17 to determine if you have excess elective deferrals as explained in chapter 7. 2012 1040 ez ) 18. 2012 1040 ez 1If you participate in a 403(b) plan and a qualified plan, you must combine contributions made to your 403(b) account with contributions to a qualified plan and simplified employee pension plans of all corporations, partnerships, and sole proprietorships in which you have more than 50% control. 2012 1040 ez You must also combine the contributions made to all 403(b) accounts on your behalf by your employer. 2012 1040 ez Prev Up Next Home More Online Publications
Americans celebrate a variety of federal holidays and other national observances.
On This Page
Federal law establishes the following public holidays for federal employees. If the holiday falls during the weekend, it may be observed on a different day.
Many government offices are closed on federal holidays and some private businesses may close as well. If you plan to visit a government office on or around a federal holiday, you should contact them to determine when they will be open. Find contact information for government departments and agencies.
New Year's Day
New Year's Day is January 1. The celebration of this holiday begins the night before, when Americans gather to wish each other a happy and prosperous coming year. Many Americans make New Year's resolutions. See the New Year's resolutions that are popular every year.
Birthday of Martin Luther King, Jr.
Martin Luther King, Jr. Day is celebrated on the third Monday in January. The Reverend Martin Luther King, Jr. was an African-American clergyman who is recognized for his tireless efforts to win civil rights for all people through nonviolent means.
Washington's Birthday is observed the third Monday of February in honor George Washington, the first President of the United States. This date is commonly called Presidents' Day and many groups honor the legacy of past presidents on this date.
Memorial Day is a observed the last Monday of May. It originally honored the people killed in the American Civil War, but has become a day on which the American dead of all wars are remembered.
Independence Day is July 4. This holiday honors the nation's birthday - the adoption of the Declaration of Independence on July 4, 1776. It is a day of picnics and patriotic parades, a night of concerts, and fireworks.
Labor Day is the first Monday of September. This holiday honors the nation's working people, typically with parades. For most Americans it marks the end of the summer vacation season and the start of the school year.
Columbus Day is a celebrated on the second Monday in October. The day commemorates October 12, 1492, when Italian navigator Christopher Columbus landed in the New World. The holiday was first proclaimed in 1937 by President Franklin D. Roosevelt.
Veterans Day is celebrated on November 11. This holiday was originally called Armistice Day and established to honor Americans who had served in World War I. It now honors veterans of all wars in which the U.S. has fought. Veterans' organizations hold parades, and the president places a wreath on the Tomb of the Unknowns at Arlington National Cemetery in Virginia.
Thanksgiving Day is celebrated on the fourth Thursday in November. In the fall of 1621, the Pilgrims held a three-day feast to celebrate a bountiful harvest. Many regard this event as the nation's first Thanksgiving. The Thanksgiving feast became a national tradition and almost always includes some of the foods served at the first feast: roast turkey, cranberry sauce, potatoes, and pumpkin pie.
Christmas Day is a celebrated on December 25. Christmas is a Christian holiday marking the birth of the Christ Child. Decorating houses and yards with lights, putting up Christmas trees, giving gifts, and sending greeting cards have become holiday traditions even for many non-Christian Americans. Find tips to help celebrate.
Other Celebrations and Observances
There are many commonly observed celebrations in the United States that are not federal holidays. Some of these observances honor groups of people, such as National African American History Month and Women's History Month, or causes, such as National Oceans Month and National Substance Abuse Prevention Month. Many of these holidays and observances are proclaimed by the President ever year. View recent Presidential proclamations.
These are some of the most popular American celebrations and observances that occur every year.
Groundhog Day is February 2 and has been celebrated since 1887. On Groundhog Day, crowds gather in Punxsutawney, Pennsylvania, to see if groundhog Punxsutawney Phil sees his shadow after emerging from his burrow, thus predicting six more weeks of winter weather.
Valentine's Day is celebrated on February 14. The day was named after an early Christian martyr, and on Valentine's Day, Americans give presents like candy or flowers to the ones they love. The first mass-produced valentine cards were sold in the 1840s.
Earth Day is observed on April 22. First celebrated in 1970 in the United States, it inspired national legislation such as the Clean Air and Clean Water Acts. Earth Day is designed to promote ecology, encourage respect for life on earth, and highlight concern over pollution of the soil, air, and water.
National Arbor Day was proclaimed as the last Friday in April by President Richard Nixon in 1970. A number of state Arbor Days are observed at other times of the year to coincide with the best tree planting weather. The observance began in 1872, when Nebraska settlers and homesteaders were urged to plant trees on the largely treeless plains.
Mother's Day is the second Sunday of May. President Woodrow Wilson issued a proclamation in 1914 that started the holiday. He asked Americans to give a public expression of reverence to mothers on this day. Carnations have come to represent Mother's Day, following President William McKinley's habit of always wearing a white carnation, his mother's favorite flower.
Flag Day, celebrated June 14, has been a presidentially proclaimed observance since 1916. Although Flag Day is not a federal holiday, Americans are encouraged to display the flag outside their homes and businesses on this day to honor the history and heritage the American flag represents.
Father's Day celebrates fathers every third Sunday of June. Father's Day began in 1909 in Spokane, Washington, when a daughter requested a special day to honor her father, a Civil War veteran who raised his children after his wife died. The first presidential proclamation honoring fathers was issued in 1966 by President Lyndon Johnson.
September 11, 2001, was a defining moment in American history. On that day, terrorists hijacked four commercial airliners to strike targets in the United States. Nearly 3,000 people died as a consequence of the attacks. Patriot Day and National Day of Service and Remembrance is observed on September 11 in honor of the victims of these attacks.
Halloween is celebrated on October 31. On Halloween, American children dress up in funny or scary costumes and go "trick or treating" by knocking on doors in their neighborhood. The neighbors are expected to respond by giving them small gifts of candy or money.
Pearl Harbor Day
Pearl Harbor Remembrance Day is December 7. In 1994, Congress designated this national observance to honor the more than 2,400 military service personnel who died on this date in 1941, during the surprise attack on Pearl Harbor, Hawaii, by Japanese forces. The attack on Pearl Harbor caused the United States to enter World War II.
Ethnic and Religious Holidays
Various ethnic and religious groups in America celebrate days with special meaning to them even though these are not national holidays. For example, Christians celebrate the resurrection of Jesus Christ on Easter, Jews observe their high holy days in September, Muslims celebrate Ramadan, and African Americans celebrate Kwanzaa. There are many other religious and ethnic celebrations in the United States.