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

Amend 2011 Tax Return Turbotax

1040ez Tax Forms To PrintState Taxes Forms2012 Tax Forms EzFile 1040x TurbotaxTax Cut FreeFiling State Taxes FreeState Income Tax Forms 20111040ez Form InstructionsForm 1040 2010Hr Block Free EfileWhere Can I Get A 1040x Form1040nr Software FreeH&r Block Free FederalH & R Block Tax SoftwareE File Amended Tax ReturnIrs1040ezWww Taxcut ComUnemployed And TaxesIrs E FileH & R Block Free TaxesFederal Tax Form 941 2012Irs 2012 Tax FormTurbotax Free EditionFree Efile For 2011 Federal Taxes10 Ez FormWww Irs Gov EfileHr Block Free TaxMypay Military Pay2011 1040 Ez Tax Forms2011 Form 1040Free Tax FormsFree Tax File2010 1040ezFile Ez Online1040x Electronic FilingHow To Do An Amended Tax ReturnExtension Form1040x ExampleHow Do I File My 2011 Taxes Online2009 Tax Return

Amend 2011 Tax Return Turbotax

Amend 2011 tax return turbotax 2. Amend 2011 tax return turbotax   Entertainment Table of Contents Directly-Related Test Associated TestMeetings at conventions. Amend 2011 tax return turbotax 50% LimitExceptions to the 50% Limit What Entertainment Expenses Are Deductible?A meal as a form of entertainment. Amend 2011 tax return turbotax Deduction may depend on your type of business. Amend 2011 tax return turbotax Exception for events that benefit charitable organizations. Amend 2011 tax return turbotax Food and beverages in skybox seats. Amend 2011 tax return turbotax What Entertainment Expenses Are Not Deductible?Out-of-pocket expenses. Amend 2011 tax return turbotax You may be able to deduct business-related entertainment expenses you have for entertaining a client, customer, or employee. Amend 2011 tax return turbotax The rules and definitions are summarized in Table 2-1 . Amend 2011 tax return turbotax You can deduct entertainment expenses only if they are both ordinary and necessary and meet one of the following tests. Amend 2011 tax return turbotax Directly-related test. Amend 2011 tax return turbotax Associated test. Amend 2011 tax return turbotax Both of these tests are explained later. Amend 2011 tax return turbotax An ordinary expense is one that is common and accepted in your trade or business. Amend 2011 tax return turbotax A necessary expense is one that is helpful and appropriate for your business. Amend 2011 tax return turbotax An expense does not have to be required to be considered necessary. Amend 2011 tax return turbotax The amount you can deduct for entertainment expenses may be limited. Amend 2011 tax return turbotax Generally, you can deduct only 50% of your unreimbursed entertainment expenses. Amend 2011 tax return turbotax This limit is discussed later under 50% Limit. Amend 2011 tax return turbotax Directly-Related Test To meet the directly-related test for entertainment expenses (including entertainment-related meals), you must show that: The main purpose of the combined business and entertainment was the active conduct of business, You did engage in business with the person during the entertainment period, and You had more than a general expectation of getting income or some other specific business benefit at some future time. Amend 2011 tax return turbotax Business is generally not considered to be the main purpose when business and entertainment are combined on hunting or fishing trips, or on yachts or other pleasure boats. Amend 2011 tax return turbotax Even if you show that business was the main purpose, you generally cannot deduct the expenses for the use of an entertainment facility. Amend 2011 tax return turbotax See Entertainment facilities under What Entertainment Expenses Are Not Deductible? later in this chapter. Amend 2011 tax return turbotax You must consider all the facts, including the nature of the business transacted and the reasons for conducting business during the entertainment. Amend 2011 tax return turbotax It is not necessary to devote more time to business than to entertainment. Amend 2011 tax return turbotax However, if the business discussion is only incidental to the entertainment, the entertainment expenses do not meet the directly-related test. Amend 2011 tax return turbotax Table 2-1. Amend 2011 tax return turbotax When Are Entertainment Expenses Deductible? General rule You can deduct ordinary and necessary expenses to entertain a client, customer, or employee if the expenses meet the directly-related test or the associated test. Amend 2011 tax return turbotax Definitions Entertainment includes any activity generally considered to provide entertainment, amusement, or recreation, and includes meals provided to a customer or client. Amend 2011 tax return turbotax An ordinary expense is one that is common and accepted in your trade or business. Amend 2011 tax return turbotax A necessary expense is one that is helpful and appropriate. Amend 2011 tax return turbotax Tests to be met Directly-related test Entertainment took place in a clear business setting, or Main purpose of entertainment was the active conduct of business, and You did engage in business with the person during the entertainment period, and You had more than a general expectation of getting income or some other specific business benefit. Amend 2011 tax return turbotax   Associated test Entertainment is associated with your trade or business, and Entertainment is directly before or after a substantial business discussion. Amend 2011 tax return turbotax Other rules You cannot deduct the cost of your meal as an entertainment expense if you are claiming the meal as a travel expense. Amend 2011 tax return turbotax You cannot deduct expenses that are lavish or extravagant under the circumstances. Amend 2011 tax return turbotax You generally can deduct only 50% of your unreimbursed entertainment expenses (see 50% Limit ). Amend 2011 tax return turbotax You do not have to show that business income or other business benefit actually resulted from each entertainment expense. Amend 2011 tax return turbotax Clear business setting. Amend 2011 tax return turbotax   If the entertainment takes place in a clear business setting and is for your business or work, the expenses are considered directly related to your business or work. Amend 2011 tax return turbotax The following situations are examples of entertainment in a clear business setting. Amend 2011 tax return turbotax Entertainment in a hospitality room at a convention where business goodwill is created through the display or discussion of business products. Amend 2011 tax return turbotax Entertainment that is mainly a price rebate on the sale of your products (such as a restaurant owner providing an occasional free meal to a loyal customer). Amend 2011 tax return turbotax Entertainment of a clear business nature occurring under circumstances where there is no meaningful personal or social relationship between you and the persons entertained. Amend 2011 tax return turbotax An example is entertainment of business and civic leaders at the opening of a new hotel or play when the purpose is to get business publicity rather than to create or maintain the goodwill of the persons entertained. Amend 2011 tax return turbotax Expenses not considered directly related. Amend 2011 tax return turbotax   Entertainment expenses generally are not considered directly related if you are not there or in situations where there are substantial distractions that generally prevent you from actively conducting business. Amend 2011 tax return turbotax The following are examples of situations where there are substantial distractions. Amend 2011 tax return turbotax A meeting or discussion at a nightclub, theater, or sporting event. Amend 2011 tax return turbotax A meeting or discussion during what is essentially a social gathering, such as a cocktail party. Amend 2011 tax return turbotax A meeting with a group that includes persons who are not business associates at places such as cocktail lounges, country clubs, golf clubs, athletic clubs, or vacation resorts. Amend 2011 tax return turbotax Associated Test Even if your expenses do not meet the directly-related test, they may meet the associated test. Amend 2011 tax return turbotax To meet the associated test for entertainment expenses (including entertainment-related meals), you must show that the entertainment is: Associated with the active conduct of your trade or business, and Directly before or after a substantial business discussion (defined later). Amend 2011 tax return turbotax Associated with trade or business. Amend 2011 tax return turbotax   Generally, an expense is associated with the active conduct of your trade or business if you can show that you had a clear business purpose for having the expense. Amend 2011 tax return turbotax The purpose may be to get new business or to encourage the continuation of an existing business relationship. Amend 2011 tax return turbotax Substantial business discussion. Amend 2011 tax return turbotax   Whether a business discussion is substantial depends on the facts of each case. Amend 2011 tax return turbotax A business discussion will not be considered substantial unless you can show that you actively engaged in the discussion, meeting, negotiation, or other business transaction to get income or some other specific business benefit. Amend 2011 tax return turbotax   The meeting does not have to be for any specified length of time, but you must show that the business discussion was substantial in relation to the meal or entertainment. Amend 2011 tax return turbotax It is not necessary that you devote more time to business than to entertainment. Amend 2011 tax return turbotax You do not have to discuss business during the meal or entertainment. Amend 2011 tax return turbotax Meetings at conventions. Amend 2011 tax return turbotax   You are considered to have a substantial business discussion if you attend meetings at a convention or similar event, or at a trade or business meeting sponsored and conducted by a business or professional organization. Amend 2011 tax return turbotax However, your reason for attending the convention or meeting must be to further your trade or business. Amend 2011 tax return turbotax The organization that sponsors the convention or meeting must schedule a program of business activities that is the main activity of the convention or meeting. Amend 2011 tax return turbotax Directly before or after business discussion. Amend 2011 tax return turbotax   If the entertainment is held on the same day as the business discussion, it is considered to be held directly before or after the business discussion. Amend 2011 tax return turbotax   If the entertainment and the business discussion are not held on the same day, you must consider the facts of each case to see if the associated test is met. Amend 2011 tax return turbotax Among the facts to consider are the place, date, and duration of the business discussion. Amend 2011 tax return turbotax If you or your business associates are from out of town, you must also consider the dates of arrival and departure, and the reasons the entertainment and the discussion did not take place on the same day. Amend 2011 tax return turbotax Example. Amend 2011 tax return turbotax A group of business associates comes from out of town to your place of business to hold a substantial business discussion. Amend 2011 tax return turbotax If you entertain those business guests on the evening before the business discussion, or on the evening of the day following the business discussion, the entertainment generally is considered to be held directly before or after the discussion. Amend 2011 tax return turbotax The expense meets the associated test. Amend 2011 tax return turbotax 50% Limit In general, you can deduct only 50% of your business-related meal and entertainment expenses. Amend 2011 tax return turbotax (If you are subject to the Department of Transportation's “hours of service” limits, you can deduct 80% of your business-related meal and entertainment expenses. Amend 2011 tax return turbotax See Individuals subject to “hours of service” limits , later. Amend 2011 tax return turbotax ) The 50% limit applies to employees or their employers, and to self-employed persons (including independent contractors) or their clients, depending on whether the expenses are reimbursed. Amend 2011 tax return turbotax Figure A summarizes the general rules explained in this section. Amend 2011 tax return turbotax The 50% limit applies to business meals or entertainment expenses you have while: Traveling away from home (whether eating alone or with others) on business, Entertaining customers at your place of business, a restaurant, or other location, or Attending a business convention or reception, business meeting, or business luncheon at a club. Amend 2011 tax return turbotax Included expenses. Amend 2011 tax return turbotax   Expenses subject to the 50% limit include: Taxes and tips relating to a business meal or entertainment activity, Cover charges for admission to a nightclub, Rent paid for a room in which you hold a dinner or cocktail party, and Amounts paid for parking at a sports arena. Amend 2011 tax return turbotax However, the cost of transportation to and from a business meal or a business-related entertainment activity is not subject to the 50% limit. Amend 2011 tax return turbotax Figure A. Amend 2011 tax return turbotax Does the 50% Limit Apply to Your Expenses? There are exceptions to these rules. Amend 2011 tax return turbotax See Exceptions to the 50% Limit . Amend 2011 tax return turbotax Please click here for the text description of the image. Amend 2011 tax return turbotax Figure A. Amend 2011 tax return turbotax Does the 50% limit apply to Your Expenses?TAs for Figure A are: Notice 87-23; Form 2106 instructions Application of 50% limit. Amend 2011 tax return turbotax   The 50% limit on meal and entertainment expenses applies if the expense is otherwise deductible and is not covered by one of the exceptions discussed later. Amend 2011 tax return turbotax   The 50% limit also applies to certain meal and entertainment expenses that are not business related. Amend 2011 tax return turbotax It applies to meal and entertainment expenses you have for the production of income, including rental or royalty income. Amend 2011 tax return turbotax It also applies to the cost of meals included in deductible educational expenses. Amend 2011 tax return turbotax When to apply the 50% limit. Amend 2011 tax return turbotax   You apply the 50% limit after determining the amount that would otherwise qualify for a deduction. Amend 2011 tax return turbotax You first have to determine the amount of meal and entertainment expenses that would be deductible under the other rules discussed in this publication. Amend 2011 tax return turbotax Example 1. Amend 2011 tax return turbotax You spend $200 for a business-related meal. Amend 2011 tax return turbotax If $110 of that amount is not allowable because it is lavish and extravagant, the remaining $90 is subject to the 50% limit. Amend 2011 tax return turbotax Your deduction cannot be more than $45 (50% × $90). Amend 2011 tax return turbotax Example 2. Amend 2011 tax return turbotax You purchase two tickets to a concert and give them to a client. Amend 2011 tax return turbotax You purchased the tickets through a ticket agent. Amend 2011 tax return turbotax You paid $200 for the two tickets, which had a face value of $80 each ($160 total). Amend 2011 tax return turbotax Your deduction cannot be more than $80 (50% × $160). Amend 2011 tax return turbotax Exceptions to the 50% Limit Generally, business-related meal and entertainment expenses are subject to the 50% limit. Amend 2011 tax return turbotax Figure A can help you determine if the 50% limit applies to you. Amend 2011 tax return turbotax Expenses not subject to 50% limit. Amend 2011 tax return turbotax   Your meal or entertainment expense is not subject to the 50% limit if the expense meets one of the following exceptions. Amend 2011 tax return turbotax 1 - Employee's reimbursed expenses. Amend 2011 tax return turbotax   If you are an employee, you are not subject to the 50% limit on expenses for which your employer reimburses you under an accountable plan. Amend 2011 tax return turbotax Accountable plans are discussed in chapter 6. Amend 2011 tax return turbotax 2 - Self-employed. Amend 2011 tax return turbotax   If you are self-employed, your deductible meal and entertainment expenses are not subject to the 50% limit if all of the following requirements are met. Amend 2011 tax return turbotax You have these expenses as an independent contractor. Amend 2011 tax return turbotax Your customer or client reimburses you or gives you an allowance for these expenses in connection with services you perform. Amend 2011 tax return turbotax You provide adequate records of these expenses to your customer or client. Amend 2011 tax return turbotax (See chapter 5 . Amend 2011 tax return turbotax )   In this case, your client or customer is subject to the 50% limit on the expenses. Amend 2011 tax return turbotax Example. Amend 2011 tax return turbotax You are a self-employed attorney who adequately accounts for meal and entertainment expenses to a client who reimburses you for these expenses. Amend 2011 tax return turbotax You are not subject to the directly-related or associated test, nor are you subject to the 50% limit. Amend 2011 tax return turbotax If the client can deduct the expenses, the client is subject to the 50% limit. Amend 2011 tax return turbotax If you (as an independent contractor) have expenses for meals and entertainment related to providing services for a client but do not adequately account for and seek reimbursement from the client for those expenses, you are subject to the directly-related or associated test and to the 50% limit. Amend 2011 tax return turbotax 3 - Advertising expenses. Amend 2011 tax return turbotax   You are not subject to the 50% limit if you provide meals, entertainment, or recreational facilities to the general public as a means of advertising or promoting goodwill in the community. Amend 2011 tax return turbotax For example, neither the expense of sponsoring a television or radio show nor the expense of distributing free food and beverages to the general public is subject to the 50% limit. Amend 2011 tax return turbotax 4 - Sale of meals or entertainment. Amend 2011 tax return turbotax   You are not subject to the 50% limit if you actually sell meals, entertainment, goods and services, or use of facilities to the public. Amend 2011 tax return turbotax For example, if you run a nightclub, your expense for the entertainment you furnish to your customers, such as a floor show, is not subject to the 50% limit. Amend 2011 tax return turbotax 5 - Charitable sports event. Amend 2011 tax return turbotax   You are not subject to the 50% limit if you pay for a package deal that includes a ticket to a qualified charitable sports event. Amend 2011 tax return turbotax For the conditions the sports event must meet, see Exception for events that benefit charitable organizations under What Entertainment Expenses Are Deductible?, later. Amend 2011 tax return turbotax Individuals subject to “hours of service” limits. Amend 2011 tax return turbotax   You can deduct a higher percentage of your meal expenses while traveling away from your tax home if the meals take place during or incident to any period subject to the Department of Transportation's “hours of service” limits. Amend 2011 tax return turbotax The percentage is 80%. Amend 2011 tax return turbotax   Individuals subject to the Department of Transportation's “hours of service” limits include the following persons. Amend 2011 tax return turbotax Certain air transportation workers (such as pilots, crew, dispatchers, mechanics, and control tower operators) who are under Federal Aviation Administration regulations. Amend 2011 tax return turbotax Interstate truck operators and bus drivers who are under Department of Transportation regulations. Amend 2011 tax return turbotax Certain railroad employees (such as engineers, conductors, train crews, dispatchers, and control operations personnel) who are under Federal Railroad Administration regulations. Amend 2011 tax return turbotax Certain merchant mariners who are under Coast Guard regulations. Amend 2011 tax return turbotax What Entertainment Expenses Are Deductible? This section explains different types of entertainment expenses you may be able to deduct. Amend 2011 tax return turbotax Entertainment. Amend 2011 tax return turbotax   Entertainment includes any activity generally considered to provide entertainment, amusement, or recreation. Amend 2011 tax return turbotax Examples include entertaining guests at nightclubs; at social, athletic, and sporting clubs; at theaters; at sporting events; on yachts; or on hunting, fishing, vacation, and similar trips. Amend 2011 tax return turbotax   Entertainment also may include meeting personal, living, or family needs of individuals, such as providing meals, a hotel suite, or a car to customers or their families. Amend 2011 tax return turbotax A meal as a form of entertainment. Amend 2011 tax return turbotax   Entertainment includes the cost of a meal you provide to a customer or client, whether the meal is a part of other entertainment or by itself. Amend 2011 tax return turbotax A meal expense includes the cost of food, beverages, taxes, and tips for the meal. Amend 2011 tax return turbotax To deduct an entertainment-related meal, you or your employee must be present when the food or beverages are provided. Amend 2011 tax return turbotax    You cannot claim the cost of your meal both as an entertainment expense and as a travel expense. Amend 2011 tax return turbotax    Meals sold in the normal course of your business are not considered entertainment. Amend 2011 tax return turbotax Deduction may depend on your type of business. Amend 2011 tax return turbotax   Your kind of business may determine if a particular activity is considered entertainment. Amend 2011 tax return turbotax For example, if you are a dress designer and have a fashion show to introduce your new designs to store buyers, the show generally is not considered entertainment. Amend 2011 tax return turbotax This is because fashion shows are typical in your business. Amend 2011 tax return turbotax But, if you are an appliance distributor and hold a fashion show for the spouses of your retailers, the show generally is considered entertainment. Amend 2011 tax return turbotax Separating costs. Amend 2011 tax return turbotax   If you have one expense that includes the costs of entertainment and other services (such as lodging or transportation), you must allocate that expense between the cost of entertainment and the cost of other services. Amend 2011 tax return turbotax You must have a reasonable basis for making this allocation. Amend 2011 tax return turbotax For example, you must allocate your expenses if a hotel includes entertainment in its lounge on the same bill with your room charge. Amend 2011 tax return turbotax Taking turns paying for meals or entertainment. Amend 2011 tax return turbotax   If a group of business acquaintances takes turns picking up each others' meal or entertainment checks primarily for personal reasons, without regard to whether any business purposes are served, no member of the group can deduct any part of the expense. Amend 2011 tax return turbotax Lavish or extravagant expenses. Amend 2011 tax return turbotax   You cannot deduct expenses for entertainment that are lavish or extravagant. Amend 2011 tax return turbotax An expense is not considered lavish or extravagant if it is reasonable considering the facts and circumstances. Amend 2011 tax return turbotax Expenses will not be disallowed just because they are more than a fixed dollar amount or take place at deluxe restaurants, hotels, nightclubs, or resorts. Amend 2011 tax return turbotax Allocating between business and nonbusiness. Amend 2011 tax return turbotax   If you entertain business and nonbusiness individuals at the same event, you must divide your entertainment expenses between business and nonbusiness. Amend 2011 tax return turbotax You can deduct only the business part. Amend 2011 tax return turbotax If you cannot establish the part of the expense for each person participating, allocate the expense to each participant on a pro rata basis. Amend 2011 tax return turbotax Example. Amend 2011 tax return turbotax You entertain a group of individuals that includes yourself, three business prospects, and seven social guests. Amend 2011 tax return turbotax Only 4/11 of the expense qualifies as a business entertainment expense. Amend 2011 tax return turbotax You cannot deduct the expenses for the seven social guests because those costs are nonbusiness expenses. Amend 2011 tax return turbotax Trade association meetings. Amend 2011 tax return turbotax   You can deduct entertainment expenses that are directly related to and necessary for attending business meetings or conventions of certain exempt organizations if the expenses of your attendance are related to your active trade or business. Amend 2011 tax return turbotax These organizations include business leagues, chambers of commerce, real estate boards, trade associations, and professional associations. Amend 2011 tax return turbotax Entertainment tickets. Amend 2011 tax return turbotax   Generally, you cannot deduct more than the face value of an entertainment ticket, even if you paid a higher price. Amend 2011 tax return turbotax For example, you cannot deduct service fees you pay to ticket agencies or brokers or any amount over the face value of the tickets you pay to scalpers. Amend 2011 tax return turbotax Exception for events that benefit charitable organizations. Amend 2011 tax return turbotax   Different rules apply when the cost of a ticket to a sports event benefits a charitable organization. Amend 2011 tax return turbotax You can take into account the full cost you pay for the ticket, even if it is more than the face value, if all of the following conditions apply. Amend 2011 tax return turbotax The event's main purpose is to benefit a qualified charitable organization. Amend 2011 tax return turbotax The entire net proceeds go to the charity. Amend 2011 tax return turbotax The event uses volunteers to perform substantially all the event's work. Amend 2011 tax return turbotax    The 50% limit on entertainment does not apply to any expense for a package deal that includes a ticket to such a charitable sports event. Amend 2011 tax return turbotax Example 1. Amend 2011 tax return turbotax You purchase tickets to a golf tournament organized by the local volunteer fire company. Amend 2011 tax return turbotax All net proceeds will be used to buy new fire equipment. Amend 2011 tax return turbotax The volunteers will run the tournament. Amend 2011 tax return turbotax You can deduct the entire cost of the tickets as a business expense if they otherwise qualify as an entertainment expense. Amend 2011 tax return turbotax Example 2. Amend 2011 tax return turbotax You purchase tickets to a college football game through a ticket broker. Amend 2011 tax return turbotax After having a business discussion, you take a client to the game. Amend 2011 tax return turbotax Net proceeds from the game go to colleges that qualify as charitable organizations. Amend 2011 tax return turbotax However, since the colleges also pay individuals to perform services, such as coaching and recruiting, you can only use the face value of the tickets in determining your business deduction. Amend 2011 tax return turbotax Skyboxes and other private luxury boxes. Amend 2011 tax return turbotax   If you rent a skybox or other private luxury box for more than one event at the same sports arena, you generally cannot deduct more than the price of a nonluxury box seat ticket. Amend 2011 tax return turbotax   To determine whether a skybox has been rented for more than one event, count each game or other performance as one event. Amend 2011 tax return turbotax For example, renting a skybox for a series of playoff games is considered renting it for more than one event. Amend 2011 tax return turbotax All skyboxes you rent in the same arena, along with any rentals by related parties, are considered in making this determination. Amend 2011 tax return turbotax   Related parties include: Family members (spouses, ancestors, and lineal descendants), Parties who have made a reciprocal arrangement involving the sharing of skyboxes, Related corporations, A partnership and its principal partners, and A corporation and a partnership with common ownership. Amend 2011 tax return turbotax Example. Amend 2011 tax return turbotax You pay $3,000 to rent a 10-seat skybox at Team Stadium for three baseball games. Amend 2011 tax return turbotax The cost of regular nonluxury box seats at each event is $30 a seat. Amend 2011 tax return turbotax You can deduct (subject to the 50% limit) $900 ((10 seats × $30 each) × 3 events). Amend 2011 tax return turbotax Food and beverages in skybox seats. Amend 2011 tax return turbotax   If expenses for food and beverages are separately stated, you can deduct these expenses in addition to the amounts allowable for the skybox, subject to the requirements and limits that apply. Amend 2011 tax return turbotax The amounts separately stated for food and beverages must be reasonable. Amend 2011 tax return turbotax You cannot inflate the charges for food and beverages to avoid the limited deduction for skybox rentals. Amend 2011 tax return turbotax What Entertainment Expenses Are Not Deductible? This section explains different types of entertainment expenses you generally may not be able to deduct. Amend 2011 tax return turbotax Club dues and membership fees. Amend 2011 tax return turbotax   You cannot deduct dues (including initiation fees) for membership in any club organized for: Business, Pleasure, Recreation, or Other social purpose. Amend 2011 tax return turbotax This rule applies to any membership organization if one of its principal purposes is either: To conduct entertainment activities for members or their guests, or To provide members or their guests with access to entertainment facilities, discussed later. Amend 2011 tax return turbotax   The purposes and activities of a club, not its name, will determine whether or not you can deduct the dues. Amend 2011 tax return turbotax You cannot deduct dues paid to: Country clubs, Golf and athletic clubs, Airline clubs, Hotel clubs, and Clubs operated to provide meals under circumstances generally considered to be conducive to business discussions. Amend 2011 tax return turbotax Entertainment facilities. Amend 2011 tax return turbotax   Generally, you cannot deduct any expense for the use of an entertainment facility. Amend 2011 tax return turbotax This includes expenses for depreciation and operating costs such as rent, utilities, maintenance, and protection. Amend 2011 tax return turbotax   An entertainment facility is any property you own, rent, or use for entertainment. Amend 2011 tax return turbotax Examples include a yacht, hunting lodge, fishing camp, swimming pool, tennis court, bowling alley, car, airplane, apartment, hotel suite, or home in a vacation resort. Amend 2011 tax return turbotax Out-of-pocket expenses. Amend 2011 tax return turbotax   You can deduct out-of-pocket expenses, such as for food and beverages, catering, gas, and fishing bait, that you provided during entertainment at a facility. Amend 2011 tax return turbotax These are not expenses for the use of an entertainment facility. Amend 2011 tax return turbotax However, these expenses are subject to the directly-related and associated tests and to the 50% limit , all discussed earlier. Amend 2011 tax return turbotax Expenses for spouses. Amend 2011 tax return turbotax   You generally cannot deduct the cost of entertainment for your spouse or for the spouse of a customer. Amend 2011 tax return turbotax However, you can deduct these costs if you can show you had a clear business purpose, rather than a personal or social purpose, for providing the entertainment. Amend 2011 tax return turbotax Example. Amend 2011 tax return turbotax You entertain a customer. Amend 2011 tax return turbotax The cost is an ordinary and necessary business expense and is allowed under the entertainment rules. Amend 2011 tax return turbotax The customer's spouse joins you because it is impractical to entertain the customer without the spouse. Amend 2011 tax return turbotax You can deduct the cost of entertaining the customer's spouse. Amend 2011 tax return turbotax If your spouse joins the party because the customer's spouse is present, the cost of the entertainment for your spouse is also deductible. Amend 2011 tax return turbotax Gift or entertainment. Amend 2011 tax return turbotax   Any item that might be considered either a gift or entertainment generally will be considered entertainment. Amend 2011 tax return turbotax However, if you give a customer packaged food or beverages that you intend the customer to use at a later date, treat it as a gift. Amend 2011 tax return turbotax   If you give a customer tickets to a theater performance or sporting event and you do not go with the customer to the performance or event, you have a choice. Amend 2011 tax return turbotax You can treat the tickets as either a gift or entertainment, whichever is to your advantage. Amend 2011 tax return turbotax   You can change your treatment of the tickets at a later date by filing an amended return. Amend 2011 tax return turbotax Generally, an amended return must be filed within 3 years from the date the original return was filed or within 2 years from the time the tax was paid, whichever is later. Amend 2011 tax return turbotax   If you go with the customer to the event, you must treat the cost of the tickets as an entertainment expense. Amend 2011 tax return turbotax You cannot choose, in this case, to treat the tickets as a gift. Amend 2011 tax return turbotax Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Art Appraisal Services

Art Advisory Panel

The Panel helps IRS review and evaluate property appraisals submitted by taxpayers in support of the fair market value claimed for works of art included in federal income, estate and gift tax cases in accordance with the Internal Revenue Code. The Panel members, up to 25 renowned art experts, serve without compensation.

Referral to the Art Advisory Panel

All taxpayer cases selected for examination that include artwork with a claimed value of $50,000 or more per item must be referred to Art Appraisal Services for possible review by the Commissioner's Art Advisory Panel (See IRM 4.48.2 and IRM 8.18.1.3). Please review the photographic requirements for referrals, and also our preferred individual appraisal item format (PDF) for works of art valued at over $50,000.

For general inquiries, contact Director, Art Appraisal Services at 202-317-8975.

Internal Revenue Service/Art Appraisal Services
1111 Constitution Ave., Suite 700
C:AP:SO:ART 
Washington, DC 20004
ATT: AAS

Annual Summary Report

The Annual Summary Report describes the closed meeting activity of the Commissioner's Art Advisory Panel for the most recent year. The report discusses the procedures of the Art Panel, provides a list of Panelists and summarizes the art items reviewed during this year by the Panel broken down by estate and charitable contribution. If you would like older Annual Summary Reports, please contact the IRS Freedom of Information Reading Room at 1111 Constitution Ave, Washington D.C. 20224.

Publications

  • Publication 526, Charitable Contributions.
  • Publication 561, Determining the Value of Donated Property. Designed to help donors and appraisers determine the value of property that is given to qualified organizations. It includes the kind of information you must have to support your decision.

Forms

  • Form 8283, Non-cash Charitable Contributions. The necessary form filed with the taxpayer's return.
  • Form 8282, Donee Information Return. Form filed by donee upon sale of property.

Revenue Procedures
Revenue Procedure 96-15 provides procedures for taxpayers to request a review of art valuations for income, estate, and gift returns. Taxpayers may obtain a Statement of Value from the Service for an advance review of art valuation claims prior to filing the return. The Statement of Value may then be used to complete the taxpayer's return.

The procedure generally applies to an item of art that has been appraised at $50,000 or more. The appraisal submitted must meet specific substantiation requirements. A user fee is charged for each request. The current fees for a Statement of Value are $5,400 for one to three items and $270 for each additional item. See Revenue Procedure 2013-01.

Send requests for a Statement of Value to:
Internal Revenue Service
Attention: Art Appraisal Services (C:AP:SO:AAS)
P.O. Box 27720
McPherson Station
Washington, DC 20038

Page Last Reviewed or Updated: 25-Feb-2014

The Amend 2011 Tax Return Turbotax

Amend 2011 tax return turbotax Publication 516 - Additional Material Prev  Up  Next   Home   More Online Publications