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Can I File My Back Taxes Online Free

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Can I File My Back Taxes Online Free

Can i file my back taxes online free 4. Can i file my back taxes online free   Sales and Trades of Investment Property Table of Contents IntroductionNominees. Can i file my back taxes online free Topics - This chapter discusses: Useful Items - You may want to see: What Is a Sale or Trade?Dividend versus sale or trade. Can i file my back taxes online free Worthless Securities Constructive Sales of Appreciated Financial Positions Section 1256 Contracts Marked to Market Basis of Investment PropertyCost Basis Basis Other Than Cost Adjusted Basis Stocks and Bonds How To Figure Gain or LossFair market value. Can i file my back taxes online free Debt paid off. Can i file my back taxes online free Payment of cash. Can i file my back taxes online free Special Rules for Mutual Funds Nontaxable TradesLike-Kind Exchanges Corporate Stocks Exchange of Shares In One Mutual Fund For Shares In Another Mutual Fund Insurance Policies and Annuities U. Can i file my back taxes online free S. Can i file my back taxes online free Treasury Notes or Bonds Transfers Between Spouses Related Party TransactionsGain on Sale or Trade of Depreciable Property Capital Gains and LossesCapital or Ordinary Gain or Loss Holding Period Nonbusiness Bad Debts Short Sales Wash Sales Options Straddles Sales of Stock to ESOPs or Certain Cooperatives Rollover of Gain From Publicly Traded Securities Gains on Qualified Small Business Stock Exclusion of Gain From DC Zone Assets Reporting Capital Gains and LossesException 1. Can i file my back taxes online free Exception 2. Can i file my back taxes online free Section 1256 contracts and straddles. Can i file my back taxes online free Market discount bonds. Can i file my back taxes online free File Form 1099-B or Form 1099-S with the IRS. Can i file my back taxes online free Capital Losses Capital Gain Tax Rates Special Rules for Traders in SecuritiesHow To Report Introduction This chapter explains the tax treatment of sales and trades of investment property. Can i file my back taxes online free Investment property. Can i file my back taxes online free   This is property that produces investment income. Can i file my back taxes online free Examples include stocks, bonds, and Treasury bills and notes. Can i file my back taxes online free Property used in a trade or business is not investment property. Can i file my back taxes online free Form 1099-B. Can i file my back taxes online free   If you sold property such as stocks, bonds, mutual funds, or certain commodities through a broker during the year, you should receive, for each sale, a Form 1099-B, Proceeds From Broker and Barter Exchange Transactions, or substitute statement, from the broker. Can i file my back taxes online free You should receive the statement by February 15 of the next year. Can i file my back taxes online free It will show the gross proceeds from the sale. Can i file my back taxes online free The IRS will also get a copy of Form 1099-B from the broker. Can i file my back taxes online free   Use Form 1099-B (or substitute statement received from your broker) to complete Form 8949. Can i file my back taxes online free If you sold a covered security in 2013, your broker will send you a Form 1099-B (or substitute statement) that shows your basis. Can i file my back taxes online free This will help you complete Form 8949. Can i file my back taxes online free Generally, a covered security is a security you acquired after 2010, with certain exceptions explained in the Instructions for Form 8949. Can i file my back taxes online free    For more information on Form 8949 and Schedule D (Form 1040), see Reporting Capital Gains and Losses in this chapter. Can i file my back taxes online free Also see the Instructions for Form 8949 and the Instructions for Schedule D (Form 1040). Can i file my back taxes online free Nominees. Can i file my back taxes online free   If someone receives gross proceeds as a nominee for you, that person will give you a Form 1099-B, which will show gross proceeds received on your behalf. Can i file my back taxes online free   If you receive a Form 1099-B that includes gross proceeds belonging to another person, see Nominees , later under Reporting Capital Gains and Losses for more information. Can i file my back taxes online free Other property transactions. Can i file my back taxes online free   Certain transfers of property are discussed in other IRS publications. Can i file my back taxes online free These include: Sale of your main home, discussed in Publication 523, Selling Your Home; Installment sales, covered in Publication 537; Various types of transactions involving business property, discussed in Publication 544, Sales and Other Dispositions of Assets; Transfers of property at death, covered in Publication 559; and Disposition of an interest in a passive activity, discussed in Publication 925. Can i file my back taxes online free Topics - This chapter discusses: What Is a Sale or Trade? , Basis of Investment Property , Adjusted Basis , How To Figure Gain or Loss , Nontaxable trades , Transfers Between Spouses , Related Party Transactions , Capital Gains and Losses , Reporting Capital Gains and Losses , and Special Rules for Traders in Securities . Can i file my back taxes online free Useful Items - You may want to see: Publication 551 Basis of Assets Form (and Instructions) Schedule D (Form 1040) Capital Gains and Losses 6781 Gains and Losses From Section 1256 Contracts and Straddles 8582 Passive Activity Loss Limitations 8824 Like-Kind Exchanges 8949 Sales and Other Dispositions of Capital Assets See chapter 5, How To Get Tax Help , for information about getting these publications and forms. Can i file my back taxes online free What Is a Sale or Trade? This section explains what is a sale or trade. Can i file my back taxes online free It also explains certain transactions and events that are treated as sales or trades. Can i file my back taxes online free A sale is generally a transfer of property for money or a mortgage, note, or other promise to pay money. Can i file my back taxes online free A trade is a transfer of property for other property or services, and may be taxed in the same way as a sale. Can i file my back taxes online free Sale and purchase. Can i file my back taxes online free   Ordinarily, a transaction is not a trade when you voluntarily sell property for cash and immediately buy similar property to replace it. Can i file my back taxes online free The sale and purchase are two separate transactions. Can i file my back taxes online free But see Like-Kind Exchanges under Nontaxable Trades, later. Can i file my back taxes online free Redemption of stock. Can i file my back taxes online free   A redemption of stock is treated as a sale or trade and is subject to the capital gain or loss provisions unless the redemption is a dividend or other distribution on stock. Can i file my back taxes online free Dividend versus sale or trade. Can i file my back taxes online free   Whether a redemption is treated as a sale, trade, dividend, or other distribution depends on the circumstances in each case. Can i file my back taxes online free Both direct and indirect ownership of stock will be considered. Can i file my back taxes online free The redemption is treated as a sale or trade of stock if: The redemption is not essentially equivalent to a dividend — see Dividends and Other Distributions in chapter 1, There is a substantially disproportionate redemption of stock, There is a complete redemption of all the stock of the corporation owned by the shareholder, or The redemption is a distribution in partial liquidation of a corporation. Can i file my back taxes online free Redemption or retirement of bonds. Can i file my back taxes online free   A redemption or retirement of bonds or notes at their maturity generally is treated as a sale or trade. Can i file my back taxes online free See Stocks, stock rights, and bonds and Discounted Debt Instruments under Capital or Ordinary Gain or Loss, later. Can i file my back taxes online free   In addition, a significant modification of a bond is treated as a trade of the original bond for a new bond. Can i file my back taxes online free For details, see Regulations section 1. Can i file my back taxes online free 1001-3. Can i file my back taxes online free Surrender of stock. Can i file my back taxes online free   A surrender of stock by a dominant shareholder who retains ownership of more than half of the corporation's voting shares is treated as a contribution to capital rather than as an immediate loss deductible from taxable income. Can i file my back taxes online free The surrendering shareholder must reallocate his or her basis in the surrendered shares to the shares he or she retains. Can i file my back taxes online free Trade of investment property for an annuity. Can i file my back taxes online free   The transfer of investment property to a corporation, trust, fund, foundation, or other organization, in exchange for a fixed annuity contract that will make guaranteed annual payments to you for life, is a taxable trade. Can i file my back taxes online free If the present value of the annuity is more than your basis in the property traded, you have a taxable gain in the year of the trade. Can i file my back taxes online free Figure the present value of the annuity according to factors used by commercial insurance companies issuing annuities. Can i file my back taxes online free Transfer by inheritance. Can i file my back taxes online free   The transfer of property of a decedent to the executor or administrator of the estate, or to the heirs or beneficiaries, is not a sale or other disposition. Can i file my back taxes online free No taxable gain or deductible loss results from the transfer. Can i file my back taxes online free Termination of certain rights and obligations. Can i file my back taxes online free   The cancellation, lapse, expiration, or other termination of a right or obligation (other than a securities futures contract) with respect to property that is a capital asset (or that would be a capital asset if you acquired it) is treated as a sale. Can i file my back taxes online free Any gain or loss is treated as a capital gain or loss. Can i file my back taxes online free   This rule does not apply to the retirement of a debt instrument. Can i file my back taxes online free See Redemption or retirement of bonds , earlier. Can i file my back taxes online free Worthless Securities Stocks, stock rights, and bonds (other than those held for sale by a securities dealer) that became completely worthless during the tax year are treated as though they were sold on the last day of the tax year. Can i file my back taxes online free This affects whether your capital loss is long term or short term. Can i file my back taxes online free See Holding Period , later. Can i file my back taxes online free Worthless securities also include securities that you abandon after March 12, 2008. Can i file my back taxes online free To abandon a security, you must permanently surrender and relinquish all rights in the security and receive no consideration in exchange for it. Can i file my back taxes online free All the facts and circumstances determine whether the transaction is properly characterized as an abandonment or other type of transaction, such as an actual sale or exchange, contribution to capital, dividend, or gift. Can i file my back taxes online free If you are a cash basis taxpayer and make payments on a negotiable promissory note that you issued for stock that became worthless, you can deduct these payments as losses in the years you actually make the payments. Can i file my back taxes online free Do not deduct them in the year the stock became worthless. Can i file my back taxes online free How to report loss. Can i file my back taxes online free   Report worthless securities in Form 8949, Part I or Part II, whichever applies. Can i file my back taxes online free    Report your worthless securities transactions on Form 8949 with the correct box checked for these transactions. Can i file my back taxes online free See Form 8949 and the Instructions for Form 8949. Can i file my back taxes online free Filing a claim for refund. Can i file my back taxes online free   If you do not claim a loss for a worthless security on your original return for the year it becomes worthless, you can file a claim for a credit or refund due to the loss. Can i file my back taxes online free You must use Form 1040X, Amended U. Can i file my back taxes online free S. Can i file my back taxes online free Individual Income Tax Return, to amend your return for the year the security became worthless. Can i file my back taxes online free You must file it within 7 years from the date your original return for that year had to be filed, or 2 years from the date you paid the tax, whichever is later. Can i file my back taxes online free (Claims not due to worthless securities or bad debts generally must be filed within 3 years from the date a return is filed, or 2 years from the date the tax is paid, whichever is later. Can i file my back taxes online free ) For more information about filing a claim, see Publication 556. Can i file my back taxes online free Constructive Sales of Appreciated Financial Positions You are treated as having made a constructive sale when you enter into certain transactions involving an appreciated financial position (defined later) in stock, a partnership interest, or certain debt instruments. Can i file my back taxes online free You must recognize gain as if the position were disposed of at its fair market value on the date of the constructive sale. Can i file my back taxes online free This gives you a new holding period for the position that begins on the date of the constructive sale. Can i file my back taxes online free Then, when you close the transaction, you reduce your gain (or increase your loss) by the gain recognized on the constructive sale. Can i file my back taxes online free Constructive sale. Can i file my back taxes online free   You are treated as having made a constructive sale of an appreciated financial position if you: Enter into a short sale of the same or substantially identical property, Enter into an offsetting notional principal contract relating to the same or substantially identical property, Enter into a futures or forward contract to deliver the same or substantially identical property (including a forward contract that provides for cash settlement), or Acquire the same or substantially identical property (if the appreciated financial position is a short sale, an offsetting notional principal contract, or a futures or forward contract). Can i file my back taxes online free   You are also treated as having made a constructive sale of an appreciated financial position if a person related to you enters into a transaction described above with a view toward avoiding the constructive sale treatment. Can i file my back taxes online free For this purpose, a related person is any related party described under Related Party Transactions , later in this chapter. Can i file my back taxes online free Exception for nonmarketable securities. Can i file my back taxes online free   You are not treated as having made a constructive sale solely because you entered into a contract for sale of any stock, debt instrument, or partnership interest that is not a marketable security if it settles within 1 year of the date you enter into it. Can i file my back taxes online free Exception for certain closed transactions. Can i file my back taxes online free   Do not treat a transaction as a constructive sale if all of the following are true. Can i file my back taxes online free You closed the transaction on or before the 30th day after the end of your tax year. Can i file my back taxes online free You held the appreciated financial position throughout the 60-day period beginning on the date you closed the transaction. Can i file my back taxes online free Your risk of loss was not reduced at any time during that 60-day period by holding certain other positions. Can i file my back taxes online free   If a closed transaction is reestablished in a substantially similar position during the 60-day period beginning on the date the first transaction was closed, this exception still applies if the reestablished position is closed before the 30th day after the end of your tax year in which the first transaction was closed and, after that closing, (2) and (3) above are true. Can i file my back taxes online free   This exception also applies to successive short sales of an entire appreciated financial position. Can i file my back taxes online free For more information, see Revenue Ruling 2003-1 in Internal Revenue Bulletin 2003-3. Can i file my back taxes online free This bulletin is available at www. Can i file my back taxes online free irs. Can i file my back taxes online free gov/pub/irs-irbs/irb03-03. Can i file my back taxes online free pdf. Can i file my back taxes online free Appreciated financial position. Can i file my back taxes online free   This is any interest in stock, a partnership interest, or a debt instrument (including a futures or forward contract, a short sale, or an option) if disposing of the interest would result in a gain. Can i file my back taxes online free Exceptions. Can i file my back taxes online free   An appreciated financial position does not include the following. Can i file my back taxes online free Any position from which all of the appreciation is accounted for under marked-to-market rules, including section 1256 contracts (described later under Section 1256 Contracts Marked to Market ). Can i file my back taxes online free Any position in a debt instrument if: The position unconditionally entitles the holder to receive a specified principal amount, The interest payments (or other similar amounts) with respect to the position are payable at a fixed rate or a variable rate described in Regulations section 1. Can i file my back taxes online free 860G-1(a)(3), and The position is not convertible, either directly or indirectly, into stock of the issuer (or any related person). Can i file my back taxes online free Any hedge with respect to a position described in (2). Can i file my back taxes online free Certain trust instruments treated as stock. Can i file my back taxes online free   For the constructive sale rules, an interest in an actively traded trust is treated as stock unless substantially all of the value of the property held by the trust is debt that qualifies for the exception to the definition of an appreciated financial position (explained in (2) above). Can i file my back taxes online free Sale of appreciated financial position. Can i file my back taxes online free   A transaction treated as a constructive sale of an appreciated financial position is not treated as a constructive sale of any other appreciated financial position, as long as you continue to hold the original position. Can i file my back taxes online free However, if you hold another appreciated financial position and dispose of the original position before closing the transaction that resulted in the constructive sale, you are treated as if, at the same time, you constructively sold the other appreciated financial position. Can i file my back taxes online free Section 1256 Contracts Marked to Market If you hold a section 1256 contract at the end of the tax year, you generally must treat it as sold at its fair market value on the last business day of the tax year. Can i file my back taxes online free Section 1256 Contract A section 1256 contract is any: Regulated futures contract, Foreign currency contract, Nonequity option, Dealer equity option, or Dealer securities futures contract. Can i file my back taxes online free Exceptions. Can i file my back taxes online free   A section 1256 contract does not include: Interest rate swaps, Currency swaps, Basis swaps, Interest rate caps, Interest rate floors, Commodity swaps, Equity swaps, Equity index swaps, Credit default swaps, or Similar agreements. Can i file my back taxes online free For more details, including definitions of these terms, see section 1256. Can i file my back taxes online free Regulated futures contract. Can i file my back taxes online free   This is a contract that: Provides that amounts which must be deposited to, or can be withdrawn from, your margin account depend on daily market conditions (a system of marking to market), and Is traded on, or subject to the rules of, a qualified board of exchange. Can i file my back taxes online free A qualified board of exchange is a domestic board of trade designated as a contract market by the Commodity Futures Trading Commission, any board of trade or exchange approved by the Secretary of the Treasury, or a national securities exchange registered with the Securities and Exchange Commission. Can i file my back taxes online free Foreign currency contract. Can i file my back taxes online free   This is a contract that: Requires delivery of a foreign currency that has positions traded through regulated futures contracts (or settlement of which depends on the value of that type of foreign currency), Is traded in the interbank market, and Is entered into at arm's length at a price determined by reference to the price in the interbank market. Can i file my back taxes online free   Bank forward contracts with maturity dates longer than the maturities ordinarily available for regulated futures contracts are considered to meet the definition of a foreign currency contract if the above three conditions are satisfied. Can i file my back taxes online free   Special rules apply to certain foreign currency transactions. Can i file my back taxes online free These transactions may result in ordinary gain or loss treatment. Can i file my back taxes online free For details, see Internal Revenue Code section 988 and Regulations sections 1. Can i file my back taxes online free 988-1(a)(7) and 1. Can i file my back taxes online free 988-3. Can i file my back taxes online free Nonequity option. Can i file my back taxes online free   This is any listed option (defined later) that is not an equity option. Can i file my back taxes online free Nonequity options include debt options, commodity futures options, currency options, and broad-based stock index options. Can i file my back taxes online free A broad-based stock index is based on the value of a group of diversified stocks or securities (such as the Standard and Poor's 500 index). Can i file my back taxes online free Warrants based on a stock index that are economically, substantially identical in all material respects to options based on a stock index are treated as options based on a stock index. Can i file my back taxes online free Cash-settled options. Can i file my back taxes online free   Cash-settled options based on a stock index and either traded on or subject to the rules of a qualified board of exchange are nonequity options if the Securities and Exchange Commission (SEC) determines that the stock index is broad based. Can i file my back taxes online free   This rule does not apply to options established before the SEC determines that the stock index is broad based. Can i file my back taxes online free Listed option. Can i file my back taxes online free   This is any option traded on, or subject to the rules of, a qualified board or exchange (as discussed earlier under Regulated futures contract). Can i file my back taxes online free A listed option, however, does not include an option that is a right to acquire stock from the issuer. Can i file my back taxes online free Dealer equity option. Can i file my back taxes online free   This is any listed option that, for an options dealer: Is an equity option, Is bought or granted by that dealer in the normal course of the dealer's business activity of dealing in options, and Is listed on the qualified board of exchange where that dealer is registered. Can i file my back taxes online free   An “options dealer” is any person registered with an appropriate national securities exchange as a market maker or specialist in listed options. Can i file my back taxes online free Equity option. Can i file my back taxes online free   This is any option: To buy or sell stock, or That is valued directly or indirectly by reference to any stock or narrow-based security index. Can i file my back taxes online free  Equity options include options on a group of stocks only if the group is a narrow-based stock index. Can i file my back taxes online free Dealer securities futures contract. Can i file my back taxes online free   For any dealer in securities futures contracts or options on those contracts, this is a securities futures contract (or option on such a contract) that: Is entered into by the dealer (or, in the case of an option, is purchased or granted by the dealer) in the normal course of the dealer's activity of dealing in this type of contract (or option), and Is traded on a qualified board or exchange (as defined under Regulated futures contract , earlier). Can i file my back taxes online free A securities futures contract that is not a dealer securities futures contract is treated as described later under Securities Futures Contracts . Can i file my back taxes online free Marked-to-Market Rules A section 1256 contract that you hold at the end of the tax year will generally be treated as sold at its fair market value on the last business day of the tax year, and you must recognize any gain or loss that results. Can i file my back taxes online free That gain or loss is taken into account in figuring your gain or loss when you later dispose of the contract, as shown in the example under 60/40 rule, below. Can i file my back taxes online free Hedging exception. Can i file my back taxes online free   The marked-to-market rules do not apply to hedging transactions. Can i file my back taxes online free See Hedging Transactions , later. Can i file my back taxes online free 60/40 rule. Can i file my back taxes online free   Under the marked-to-market system, 60% of your capital gain or loss will be treated as a long-term capital gain or loss, and 40% will be treated as a short-term capital gain or loss. Can i file my back taxes online free This is true regardless of how long you actually held the property. Can i file my back taxes online free Example. Can i file my back taxes online free On June 22, 2012, you bought a regulated futures contract for $50,000. Can i file my back taxes online free On December 31, 2012 (the last business day of your tax year), the fair market value of the contract was $57,000. Can i file my back taxes online free You recognized a $7,000 gain on your 2012 tax return, treated as 60% long-term and 40% short-term capital gain. Can i file my back taxes online free On February 1, 2013, you sold the contract for $56,000. Can i file my back taxes online free Because you recognized a $7,000 gain on your 2012 return, you recognize a $1,000 loss ($57,000 − $56,000) on your 2013 tax return, treated as 60% long-term and 40% short-term capital loss. Can i file my back taxes online free Limited partners or entrepreneurs. Can i file my back taxes online free   The 60/40 rule does not apply to dealer equity options or dealer securities futures contracts that result in capital gain or loss allocable to limited partners or limited entrepreneurs (defined later under Hedging Transactions ). Can i file my back taxes online free Instead, these gains or losses are treated as short term. Can i file my back taxes online free Terminations and transfers. Can i file my back taxes online free   The marked-to-market rules also apply if your obligation or rights under section 1256 contracts are terminated or transferred during the tax year. Can i file my back taxes online free In this case, use the fair market value of each section 1256 contract at the time of termination or transfer to determine the gain or loss. Can i file my back taxes online free Terminations or transfers may result from any offsetting, delivery, exercise, assignment, or lapse of your obligation or rights under section 1256 contracts. Can i file my back taxes online free Loss carryback election. Can i file my back taxes online free   An individual having a net section 1256 contracts loss (defined later), generally can elect to carry this loss back 3 years instead of carrying it over to the next year. Can i file my back taxes online free See How To Report , later, for information about reporting this election on your return. Can i file my back taxes online free   The loss carried back to any year under this election cannot be more than the net section 1256 contracts gain in that year. Can i file my back taxes online free In addition, the amount of loss carried back to an earlier tax year cannot increase or produce a net operating loss for that year. Can i file my back taxes online free   The loss is carried to the earliest carryback year first, and any unabsorbed loss amount can then be carried to each of the next 2 tax years. Can i file my back taxes online free In each carryback year, treat 60% of the carryback amount as a long-term capital loss and 40% as a short-term capital loss from section 1256 contracts. Can i file my back taxes online free   If only a portion of the net section 1256 contracts loss is absorbed by carrying the loss back, the unabsorbed portion can be carried forward, under the capital loss carryover rules, to the year following the loss. Can i file my back taxes online free (See Capital Losses under Reporting Capital Gains and Losses, later. Can i file my back taxes online free ) Figure your capital loss carryover as if, for the loss year, you had an additional short-term capital gain of 40% of the amount of net section 1256 contracts loss absorbed in the carryback years and an additional long-term capital gain of 60% of the absorbed loss. Can i file my back taxes online free In the carryover year, treat any capital loss carryover from losses on section 1256 contracts as if it were a loss from section 1256 contracts for that year. Can i file my back taxes online free Net section 1256 contracts loss. Can i file my back taxes online free   This loss is the lesser of: The net capital loss for your tax year determined by taking into account only the gains and losses from section 1256 contracts, or The capital loss carryover to the next tax year determined without this election. Can i file my back taxes online free Net section 1256 contracts gain. Can i file my back taxes online free   This gain is the lesser of: The capital gain net income for the carryback year determined by taking into account only gains and losses from section 1256 contracts, or The capital gain net income for that year. Can i file my back taxes online free  Figure your net section 1256 contracts gain for any carryback year without regard to the net section 1256 contracts loss for the loss year or any later tax year. Can i file my back taxes online free Traders in section 1256 contracts. Can i file my back taxes online free   Gain or loss from the trading of section 1256 contracts is capital gain or loss subject to the marked-to-market rules. Can i file my back taxes online free However, this does not apply to contracts held for purposes of hedging property if any loss from the property would be an ordinary loss. Can i file my back taxes online free Treatment of underlying property. Can i file my back taxes online free   The determination of whether an individual's gain or loss from any property is ordinary or capital gain or loss is made without regard to the fact that the individual is actively engaged in dealing in or trading section 1256 contracts related to that property. Can i file my back taxes online free How To Report If you disposed of regulated futures or foreign currency contracts in 2013 (or had unrealized profit or loss on these contracts that were open at the end of 2012 or 2013), you should receive Form 1099-B, or substitute statement, from your broker. Can i file my back taxes online free Form 6781. Can i file my back taxes online free   Use Part I of Form 6781 to report your gains and losses from all section 1256 contracts that are open at the end of the year or that were closed out during the year. Can i file my back taxes online free This includes the amount shown in box 10 of Form 1099-B. Can i file my back taxes online free Then enter the net amount of these gains and losses on Schedule D (Form 1040), line 4 or line 11, as appropriate. Can i file my back taxes online free Include a copy of Form 6781 with your income tax return. Can i file my back taxes online free   If the Form 1099-B you receive includes a straddle or hedging transaction, defined later, it may be necessary to show certain adjustments on Form 6781. Can i file my back taxes online free Follow the Form 6781 instructions for completing Part I. Can i file my back taxes online free Loss carryback election. Can i file my back taxes online free   To carry back your loss under the election procedures described earlier, file Form 1040X or Form 1045, Application for Tentative Refund, for the year to which you are carrying the loss with an amended Form 6781 and an amended Schedule D (Form 1040) attached. Can i file my back taxes online free Follow the instructions for completing Form 6781 for the loss year to make this election. Can i file my back taxes online free Hedging Transactions The marked-to-market rules, described earlier, do not apply to hedging transactions. Can i file my back taxes online free A transaction is a hedging transaction if both of the following conditions are met. Can i file my back taxes online free You entered into the transaction in the normal course of your trade or business primarily to manage the risk of: Price changes or currency fluctuations on ordinary property you hold (or will hold), or Interest rate or price changes, or currency fluctuations, on your current or future borrowings or ordinary obligations. Can i file my back taxes online free You clearly identified the transaction as being a hedging transaction before the close of the day on which you entered into it. Can i file my back taxes online free This hedging transaction exception does not apply to transactions entered into by or for any syndicate. Can i file my back taxes online free A syndicate is a partnership, S corporation, or other entity (other than a regular corporation) that allocates more than 35% of its losses to limited partners or limited entrepreneurs. Can i file my back taxes online free A limited entrepreneur is a person who has an interest in an enterprise (but not as a limited partner) and who does not actively participate in its management. Can i file my back taxes online free However, an interest is not considered held by a limited partner or entrepreneur if the interest holder actively participates (or did so for at least 5 full years) in the management of the entity, or is the spouse, child (including a legally adopted child), grandchild, or parent of an individual who actively participates in the management of the entity. Can i file my back taxes online free Hedging loss limit. Can i file my back taxes online free   If you are a limited partner or entrepreneur in a syndicate, the amount of a hedging loss you can claim is limited. Can i file my back taxes online free A “hedging loss” is the amount by which the allowable deductions in a tax year that resulted from a hedging transaction (determined without regard to the limit) are more than the income received or accrued during the tax year from this transaction. Can i file my back taxes online free   Any hedging loss allocated to you for the tax year is limited to your taxable income for that year from the trade or business in which the hedging transaction occurred. Can i file my back taxes online free Ignore any hedging transaction items in determining this taxable income. Can i file my back taxes online free If you have a hedging loss that is disallowed because of this limit, you can carry it over to the next tax year as a deduction resulting from a hedging transaction. Can i file my back taxes online free   If the hedging transaction relates to property other than stock or securities, the limit on hedging losses applies if the limited partner or entrepreneur is an individual. Can i file my back taxes online free   The limit on hedging losses does not apply to any hedging loss to the extent that it is more than all your unrecognized gains from hedging transactions at the end of the tax year that are from the trade or business in which the hedging transaction occurred. Can i file my back taxes online free The term “unrecognized gain” has the same meaning as defined under Loss Deferral Rules in Straddles, later. Can i file my back taxes online free Sale of property used in a hedge. Can i file my back taxes online free   Once you identify personal property as being part of a hedging transaction, you must treat gain from its sale or exchange as ordinary income, not capital gain. Can i file my back taxes online free Self-Employment Income Gains and losses derived in the ordinary course of a commodity or option dealer's trading in section 1256 contracts and property related to these contracts are included in net earnings from self-employment. Can i file my back taxes online free See the Instructions for Schedule SE (Form 1040). Can i file my back taxes online free In addition, the rules relating to contributions to self-employment retirement plans apply. Can i file my back taxes online free For information on retirement plan contributions, see Publication 560 and Publication 590. Can i file my back taxes online free Basis of Investment Property Basis is a way of measuring your investment in property for tax purposes. Can i file my back taxes online free You must know the basis of your property to determine whether you have a gain or loss on its sale or other disposition. Can i file my back taxes online free Investment property you buy normally has an original basis equal to its cost. Can i file my back taxes online free If you get property in some way other than buying it, such as by gift or inheritance, its fair market value may be important in figuring the basis. Can i file my back taxes online free Cost Basis The basis of property you buy is usually its cost. Can i file my back taxes online free The cost is the amount you pay in cash, debt obligations, or other property or services. Can i file my back taxes online free Unstated interest. Can i file my back taxes online free   If you buy property on a time-payment plan that charges little or no interest, the basis of your property is your stated purchase price, minus the amount considered to be unstated interest. Can i file my back taxes online free You generally have unstated interest if your interest rate is less than the applicable federal rate. Can i file my back taxes online free For more information, see Unstated Interest and Original Issue Discount (OID) in Publication 537. Can i file my back taxes online free Basis Other Than Cost There are times when you must use a basis other than cost. Can i file my back taxes online free In these cases, you may need to know the property's fair market value or the adjusted basis of the previous owner. Can i file my back taxes online free Fair market value. Can i file my back taxes online free   This is the price at which the property would change hands between a buyer and a seller, neither being forced to buy or sell and both having reasonable knowledge of all the relevant facts. Can i file my back taxes online free Sales of similar property, around the same date, may be helpful in figuring fair market value. Can i file my back taxes online free Property Received for Services If you receive investment property for services, you must include the property's fair market value in income. Can i file my back taxes online free The amount you include in income then becomes your basis in the property. Can i file my back taxes online free If the services were performed for a price that was agreed to beforehand, this price will be accepted as the fair market value of the property if there is no evidence to the contrary. Can i file my back taxes online free Restricted property. Can i file my back taxes online free   If you receive, as payment for services, property that is subject to certain restrictions, your basis in the property generally is its fair market value when it becomes substantially vested. Can i file my back taxes online free Property becomes substantially vested when it is transferable or is no longer subject to substantial risk of forfeiture, whichever happens first. Can i file my back taxes online free See Restricted Property in Publication 525 for more information. Can i file my back taxes online free Bargain purchases. Can i file my back taxes online free   If you buy investment property at less than fair market value, as payment for services, you must include the difference in income. Can i file my back taxes online free Your basis in the property is the price you pay plus the amount you include in income. Can i file my back taxes online free Property Received in Taxable Trades If you received investment property in trade for other property, the basis of the new property is its fair market value at the time of the trade unless you received the property in a nontaxable trade. Can i file my back taxes online free Example. Can i file my back taxes online free You trade A Company stock for B Company stock having a fair market value of $1,200. Can i file my back taxes online free If the adjusted basis of the A Company stock is less than $1,200, you have a taxable gain on the trade. Can i file my back taxes online free If the adjusted basis of the A Company stock is more than $1,200, you have a deductible loss on the trade. Can i file my back taxes online free The basis of your B Company stock is $1,200. Can i file my back taxes online free If you later sell the B Company stock for $1,300, you will have a gain of $100. Can i file my back taxes online free Property Received in Nontaxable Trades If you have a nontaxable trade, you do not recognize gain or loss until you dispose of the property you received in the trade. Can i file my back taxes online free See Nontaxable Trades , later. Can i file my back taxes online free The basis of property you received in a nontaxable or partly nontaxable trade is generally the same as the adjusted basis of the property you gave up. Can i file my back taxes online free Increase this amount by any cash you paid, additional costs you had, and any gain recognized. Can i file my back taxes online free Reduce this amount by any cash or unlike property you received, any loss recognized, and any liability of yours that was assumed or treated as assumed. Can i file my back taxes online free Property Received From Your Spouse If property is transferred to you from your spouse (or former spouse, if the transfer is incident to your divorce), your basis is the same as your spouse's or former spouse's adjusted basis just before the transfer. Can i file my back taxes online free See Transfers Between Spouses , later. Can i file my back taxes online free Recordkeeping. Can i file my back taxes online free The transferor must give you the records necessary to determine the adjusted basis and holding period of the property as of the date of the transfer. Can i file my back taxes online free Property Received as a Gift To figure your basis in property that you received as a gift, you must know its adjusted basis to the donor just before it was given to you, its fair market value at the time it was given to you, the amount of any gift tax paid on it, and the date it was given to you. Can i file my back taxes online free Fair market value less than donor's adjusted basis. Can i file my back taxes online free   If the fair market value of the property at the time of the gift was less than the donor's adjusted basis just before the gift, your basis for gain on its sale or other disposition is the same as the donor's adjusted basis plus or minus any required adjustments to basis during the period you hold the property. Can i file my back taxes online free Your basis for loss is its fair market value at the time of the gift plus or minus any required adjustments to basis during the period you hold the property. Can i file my back taxes online free No gain or loss. Can i file my back taxes online free   If you use the basis for figuring a gain and the result is a loss, and then use the basis for figuring a loss and the result is a gain, you will have neither a gain nor a loss. Can i file my back taxes online free Example. Can i file my back taxes online free You receive a gift of investment property having an adjusted basis of $10,000 at the time of the gift. Can i file my back taxes online free The fair market value at the time of the gift is $9,000. Can i file my back taxes online free You later sell the property for $9,500. Can i file my back taxes online free You have neither gain nor loss. Can i file my back taxes online free Your basis for figuring gain is $10,000, and $9,500 minus $10,000 results in a $500 loss. Can i file my back taxes online free Your basis for figuring loss is $9,000, and $9,500 minus $9,000 results in a $500 gain. Can i file my back taxes online free Fair market value equal to or more than donor's adjusted basis. Can i file my back taxes online free   If the fair market value of the property at the time of the gift was equal to or more than the donor's adjusted basis just before the gift, your basis for gain or loss on its sale or other disposition is the donor's adjusted basis plus or minus any required adjustments to basis during the period you hold the property. Can i file my back taxes online free Also, you may be allowed to add to the donor's adjusted basis all or part of any gift tax paid, depending on the date of the gift. Can i file my back taxes online free Gift received before 1977. Can i file my back taxes online free   If you received property as a gift before 1977, your basis in the property is the donor's adjusted basis increased by the total gift tax paid on the gift. Can i file my back taxes online free However, your basis cannot be more than the fair market value of the gift at the time it was given to you. Can i file my back taxes online free Example 1. Can i file my back taxes online free You were given XYZ Company stock in 1976. Can i file my back taxes online free At the time of the gift, the stock had a fair market value of $21,000. Can i file my back taxes online free The donor's adjusted basis was $20,000. Can i file my back taxes online free The donor paid a gift tax of $500 on the gift. Can i file my back taxes online free Your basis for gain or loss is $20,500, the donor's adjusted basis plus the amount of gift tax paid. Can i file my back taxes online free Example 2. Can i file my back taxes online free The facts are the same as in Example 1 except that the gift tax paid was $1,500. Can i file my back taxes online free Your basis is $21,000, the donor's adjusted basis plus the gift tax paid, but limited to the fair market value of the stock at the time of the gift. Can i file my back taxes online free Gift received after 1976. Can i file my back taxes online free   If you received property as a gift after 1976, your basis is the donor's adjusted basis increased by the part of the gift tax paid that was for the net increase in value of the gift. Can i file my back taxes online free You figure this part by multiplying the gift tax paid on the gift by a fraction. Can i file my back taxes online free The numerator (top part) is the net increase in value of the gift and the denominator (bottom part) is the amount of the gift. Can i file my back taxes online free   The net increase in value of the gift is the fair market value of the gift minus the donor's adjusted basis. Can i file my back taxes online free The amount of the gift is its value for gift tax purposes after reduction by any annual exclusion and marital or charitable deduction that applies to the gift. Can i file my back taxes online free Example. Can i file my back taxes online free In 2013, you received a gift of property from your mother. Can i file my back taxes online free At the time of the gift, the property had a fair market value of $101,000 and an adjusted basis to her of $40,000. Can i file my back taxes online free The amount of the gift for gift tax purposes was $87,000 ($101,000 minus the $14,000 annual exclusion), and your mother paid a gift tax of $21,000. Can i file my back taxes online free You figure your basis in the following way: Fair market value $101,000 Minus: Adjusted basis 40,000 Net increase in value of gift $61,000 Gift tax paid $21,000 Multiplied by . Can i file my back taxes online free 701 ($61,000 ÷ $87,000) . Can i file my back taxes online free 701 Gift tax due to net increase in value $14,721 Plus: Adjusted basis of property to  your mother 40,000 Your basis in the property $54,721 Part sale, part gift. Can i file my back taxes online free   If you get property in a transfer that is partly a sale and partly a gift, your basis is the larger of the amount you paid for the property or the transferor's adjusted basis in the property at the time of the transfer. Can i file my back taxes online free Add to that amount the amount of any gift tax paid on the gift, as described in the preceding discussion. Can i file my back taxes online free For figuring loss, your basis is limited to the property's fair market value at the time of the transfer. Can i file my back taxes online free Gift tax information. Can i file my back taxes online free   For information on gift tax, see Publication 950, Introduction to Estate and Gift Taxes. Can i file my back taxes online free For information on figuring the amount of gift tax to add to your basis, see Property Received as a Gift in Publication 551. Can i file my back taxes online free Property Received as Inheritance Before or after 2010. Can i file my back taxes online free   If you inherited property from a decedent who died before or after 2010, or who died in 2010 and the executor of the decedent's estate elected not to file Form 8939, Allocation of Increase in Basis for Property Acquired From a Decedent, your basis in that property generally is its fair market value (its appraised value on Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return) on: The date of the decedent's death, or The later alternate valuation date if the estate qualifies for, and elects to use, alternate valuation. Can i file my back taxes online free If no Form 706 was filed, use the appraised value on the date of death for state inheritance or transmission taxes. Can i file my back taxes online free For stocks and bonds, if no Form 706 was filed and there are no state inheritance or transmission taxes, see the Form 706 instructions for figuring the fair market value of the stocks and bonds on the date of the decedent's death. Can i file my back taxes online free Appreciated property you gave the decedent. Can i file my back taxes online free   Your basis in certain appreciated property that you inherited is the decedent's adjusted basis in the property immediately before death rather than its fair market value. Can i file my back taxes online free This applies to appreciated property that you or your spouse gave the decedent as a gift during the 1-year period ending on the date of death. Can i file my back taxes online free Appreciated property is any property whose fair market value on the day you gave it to the decedent was more than its adjusted basis. Can i file my back taxes online free More information. Can i file my back taxes online free   See Publication 551 for more information on the basis of inherited property, including community property, property held by a surviving tenant in a joint tenancy or tenancy by the entirety, a qualified joint interest, and a farm or closely held business. Can i file my back taxes online free Inherited in 2010 and executor elected to file Form 8939. Can i file my back taxes online free   If you inherited property from a decedent who died in 2010 and the executor made the election to file Form 8939, see Publication 4895, Tax Treatment of Property Acquired From a Decedent Dying in 2010, to figure your basis. Can i file my back taxes online free Adjusted Basis Before you can figure any gain or loss on a sale, exchange, or other disposition of property or figure allowable depreciation, depletion, or amortization, you usually must make certain adjustments (increases and decreases) to the basis of the property. Can i file my back taxes online free The result of these adjustments to the basis is the adjusted basis. Can i file my back taxes online free Adjustments to the basis of stocks and bonds are explained in the following discussion. Can i file my back taxes online free For information about other adjustments to basis, see Publication 551. Can i file my back taxes online free Stocks and Bonds The basis of stocks or bonds you own generally is the purchase price plus the costs of purchase, such as commissions and recording or transfer fees. Can i file my back taxes online free If you acquired stock or bonds other than by purchase, your basis is usually determined by fair market value or the previous owner's adjusted basis as discussed earlier under Basis Other Than Cost . Can i file my back taxes online free The basis of stock must be adjusted for certain events that occur after purchase. Can i file my back taxes online free For example, if you receive more stock from nontaxable stock dividends or stock splits, you must reduce the basis of your original stock. Can i file my back taxes online free You must also reduce your basis when you receive nondividend distributions (discussed in chapter 1). Can i file my back taxes online free These distributions, up to the amount of your basis, are a nontaxable return of capital. Can i file my back taxes online free The IRS partners with companies that offer Form 8949 and Schedule D (Form 1040) software that can import trades from many brokerage firms and accounting software to help you keep track of your adjusted basis in securities. Can i file my back taxes online free To find out more, go to www. Can i file my back taxes online free irs. Can i file my back taxes online free gov/Filing/Filing-Options. Can i file my back taxes online free Identifying stock or bonds sold. Can i file my back taxes online free   If you can adequately identify the shares of stock or the bonds you sold, their basis is the cost or other basis of the particular shares of stock or bonds. Can i file my back taxes online free Adequate identification. Can i file my back taxes online free   You will make an adequate identification if you show that certificates representing shares of stock from a lot that you bought on a certain date or for a certain price were delivered to your broker or other agent. Can i file my back taxes online free Broker holds stock. Can i file my back taxes online free   If you have left the stock certificates with your broker or other agent, you will make an adequate identification if you: Tell your broker or other agent the particular stock to be sold or transferred at the time of the sale or transfer, and Receive a written confirmation of this from your broker or other agent within a reasonable time. Can i file my back taxes online free  Stock identified this way is the stock sold or transferred even if stock certificates from a different lot are delivered to the broker or other agent. Can i file my back taxes online free Single stock certificate. Can i file my back taxes online free   If you bought stock in different lots at different times and you hold a single stock certificate for this stock, you will make an adequate identification if you: Tell your broker or other agent the particular stock to be sold or transferred when you deliver the certificate to your broker or other agent, and Receive a written confirmation of this from your broker or other agent within a reasonable time. Can i file my back taxes online free   If you sell part of the stock represented by a single certificate directly to the buyer instead of through a broker, you will make an adequate identification if you keep a written record of the particular stock that you intend to sell. Can i file my back taxes online free Bonds. Can i file my back taxes online free   These methods of identification also apply to bonds sold or transferred. Can i file my back taxes online free Identification not possible. Can i file my back taxes online free   If you buy and sell securities at various times in varying quantities and you cannot adequately identify the shares you sell, the basis of the securities you sell is the basis of the securities you acquired first. Can i file my back taxes online free Except for certain mutual fund shares, discussed later, you cannot use the average price per share to figure gain or loss on the sale of the shares. Can i file my back taxes online free Example. Can i file my back taxes online free You bought 100 shares of stock of XYZ Corporation in 1998 for $10 a share. Can i file my back taxes online free In January 1999 you bought another 200 shares for $11 a share. Can i file my back taxes online free In July 1999 you gave your son 50 shares. Can i file my back taxes online free In December 2001 you bought 100 shares for $9 a share. Can i file my back taxes online free In April 2013 you sold 130 shares. Can i file my back taxes online free You cannot identify the shares you disposed of, so you must use the stock you acquired first to figure the basis. Can i file my back taxes online free The shares of stock you gave your son had a basis of $500 (50 × $10). Can i file my back taxes online free You figure the basis of the 130 shares of stock you sold in 2013 as follows: 50 shares (50 × $10) balance of stock bought in 1998 $ 500 80 shares (80 × $11) stock bought in January 1999 880 Total basis of stock sold in 2013 $1,380 Shares in a mutual fund or REIT. Can i file my back taxes online free    The basis of shares in a mutual fund (or other regulated investment company) or a real estate investment trust (REIT) is generally figured in the same way as the basis of other stock and usually includes any commissions or load charges paid for the purchase. Can i file my back taxes online free Example. Can i file my back taxes online free You bought 100 shares of Fund A for $10 a share. Can i file my back taxes online free You paid a $50 commission to the broker for the purchase. Can i file my back taxes online free Your cost basis for each share is $10. Can i file my back taxes online free 50 ($1,050 ÷ 100). Can i file my back taxes online free Commissions and load charges. Can i file my back taxes online free   The fees and charges you pay to acquire or redeem shares of a mutual fund are not deductible. Can i file my back taxes online free You can usually add acquisition fees and charges to your cost of the shares and thereby increase your basis. Can i file my back taxes online free A fee paid to redeem the shares is usually a reduction in the redemption price (sales price). Can i file my back taxes online free   You cannot add your entire acquisition fee or load charge to the cost of the mutual fund shares acquired if all of the following conditions apply. Can i file my back taxes online free You get a reinvestment right because of the purchase of the shares or the payment of the fee or charge. Can i file my back taxes online free You dispose of the shares within 90 days of the purchase date. Can i file my back taxes online free You acquire new shares in the same mutual fund or another mutual fund, for which the fee or charge is reduced or waived because of the reinvestment right you got when you acquired the original shares. Can i file my back taxes online free   The amount of the original fee or charge in excess of the reduction in (3) is added to the cost of the original shares. Can i file my back taxes online free The rest of the original fee or charge is added to the cost basis of the new shares (unless all three conditions above also apply to the purchase of the new shares). Can i file my back taxes online free Choosing average basis for mutual fund shares. Can i file my back taxes online free   You can choose to use the average basis of mutual fund shares if you acquired the identical shares at various times and prices, or you acquired the shares after 2010 in connection with a dividend reinvestment plan, and left them on deposit in an account kept by a custodian or agent. Can i file my back taxes online free The methods you can use to figure average basis are explained later. Can i file my back taxes online free Undistributed capital gains. Can i file my back taxes online free   If you had to include in your income any undistributed capital gains of the mutual fund or REIT, increase your basis in the stock by the difference between the amount you included and the amount of tax paid for you by the fund or REIT. Can i file my back taxes online free See Undistributed capital gains of mutual funds and REITs under Capital Gain Distributions in chapter 1. Can i file my back taxes online free Reinvestment right. Can i file my back taxes online free   This is the right to acquire mutual fund shares in the same or another mutual fund without paying a fee or load charge, or by paying a reduced fee or load charge. Can i file my back taxes online free      The original cost basis of mutual fund shares you acquire by reinvesting your distributions is the amount of the distributions used to purchase each full or fractional share. Can i file my back taxes online free This rule applies even if the distribution is an exempt-interest dividend that you do not report as income. Can i file my back taxes online free Table 4-1. Can i file my back taxes online free This is a worksheet you can use to keep track of the adjusted basis of your mutual fund shares. Can i file my back taxes online free Enter the cost per share when you acquire new shares and any adjustments to their basis when the adjustment occurs. Can i file my back taxes online free This worksheet will help you figure the adjusted basis when you sell or redeem shares. Can i file my back taxes online free Table 4-1. Can i file my back taxes online free Mutual Fund Record Mutual Fund Acquired1 Adjustment to Basis Per Share Adjusted2 Basis Per Share Sold or redeemed Date Number of Shares Cost Per Share Date Number of Shares                                                                                                                                                                                                                                                                         1 Include share received from reinvestment of distributions. Can i file my back taxes online free 2 Cost plus or minus adjustments. Can i file my back taxes online free Automatic investment service. Can i file my back taxes online free   If you participate in an automatic investment service, your basis for each share of stock, including fractional shares, bought by the bank or other agent is the purchase price plus a share of the broker's commission. Can i file my back taxes online free Dividend reinvestment plans. Can i file my back taxes online free   If you participate in a dividend reinvestment plan and receive stock from the corporation at a discount, your basis is the full fair market value of the stock on the dividend payment date. Can i file my back taxes online free You must include the amount of the discount in your income. Can i file my back taxes online free Public utilities. Can i file my back taxes online free   If, before 1986, you excluded from income the value of stock you had received under a qualified public utility reinvestment plan, your basis in that stock is zero. Can i file my back taxes online free Stock dividends. Can i file my back taxes online free   Stock dividends are distributions made by a corporation of its own stock. Can i file my back taxes online free Generally, stock dividends are not taxable to you. Can i file my back taxes online free However, see Distributions of Stock and Stock Rights under Dividends and Other Distributions in chapter 1 for some exceptions. Can i file my back taxes online free If the stock dividends are not taxable, you must divide your basis for the old stock between the old and new stock. Can i file my back taxes online free New and old stock identical. Can i file my back taxes online free   If the new stock you received as a nontaxable dividend is identical to the old stock on which the dividend was declared, divide the adjusted basis of the old stock by the number of shares of old and new stock. Can i file my back taxes online free The result is your basis for each share of stock. Can i file my back taxes online free Example 1. Can i file my back taxes online free You owned one share of common stock that you bought for $45. Can i file my back taxes online free The corporation distributed two new shares of common stock for each share held. Can i file my back taxes online free You then had three shares of common stock. Can i file my back taxes online free Your basis in each share is $15 ($45 ÷ 3). Can i file my back taxes online free Example 2. Can i file my back taxes online free You owned two shares of common stock. Can i file my back taxes online free You bought one for $30 and the other for $45. Can i file my back taxes online free The corporation distributed two new shares of common stock for each share held. Can i file my back taxes online free You had six shares after the distribution—three with a basis of $10 each ($30 ÷ 3) and three with a basis of $15 each ($45 ÷ 3). Can i file my back taxes online free New and old stock not identical. Can i file my back taxes online free   If the new stock you received as a nontaxable dividend is not identical to the old stock on which it was declared, the basis of the new stock is calculated differently. Can i file my back taxes online free Divide the adjusted basis of the old stock between the old and the new stock in the ratio of the fair market value of each lot of stock to the total fair market value of both lots on the date of distribution of the new stock. Can i file my back taxes online free Example. Can i file my back taxes online free You bought a share of common stock for $100. Can i file my back taxes online free Later, the corporation distributed a share of preferred stock for each share of common stock held. Can i file my back taxes online free At the date of distribution, your common stock had a fair market value of $150 and the preferred stock had a fair market value of $50. Can i file my back taxes online free You figure the basis of the old and new stock by dividing your $100 basis between them. Can i file my back taxes online free The basis of your common stock is $75 (($150 ÷ $200) × $100), and the basis of the new preferred stock is $25 (($50 ÷ $200) × $100). Can i file my back taxes online free Stock bought at various times. Can i file my back taxes online free   Figure the basis of stock dividends received on stock you bought at various times and at different prices by allocating to each lot of stock the share of the stock dividends due to it. Can i file my back taxes online free Taxable stock dividends. Can i file my back taxes online free   If your stock dividend is taxable when you receive it, the basis of your new stock is its fair market value on the date of distribution. Can i file my back taxes online free The basis of your old stock does not change. Can i file my back taxes online free Stock splits. Can i file my back taxes online free   Figure the basis of stock splits in the same way as stock dividends if identical stock is distributed on the stock held. Can i file my back taxes online free Stock rights. Can i file my back taxes online free   A stock right is a right to acquire a corporation's stock. Can i file my back taxes online free It may be exercised, it may be sold if it has a market value, or it may expire. Can i file my back taxes online free Stock rights are rarely taxable when you receive them. Can i file my back taxes online free See Distributions of Stock and Stock Rights under Dividends and Other Distributions in chapter 1. Can i file my back taxes online free Taxable stock rights. Can i file my back taxes online free   If you receive stock rights that are taxable, the basis of the rights is their fair market value at the time of distribution. Can i file my back taxes online free The basis of the old stock does not change. Can i file my back taxes online free Nontaxable stock rights. Can i file my back taxes online free   If you receive nontaxable stock rights and allow them to expire, they have no basis. Can i file my back taxes online free   If you exercise or sell the nontaxable stock rights and if, at the time of distribution, the stock rights had a fair market value of 15% or more of the fair market value of the old stock, you must divide the adjusted basis of the old stock between the old stock and the stock rights. Can i file my back taxes online free Use a ratio of the fair market value of each to the total fair market value of both at the time of distribution. Can i file my back taxes online free   If the fair market value of the stock rights was less than 15%, their basis is zero. Can i file my back taxes online free However, you can choose to divide the basis of the old stock between the old stock and the stock rights. Can i file my back taxes online free To make the choice, attach a statement to your return for the year in which you received the rights, stating that you choose to divide the basis of the stock. Can i file my back taxes online free Basis of new stock. Can i file my back taxes online free   If you exercise the stock rights, the basis of the new stock is its cost plus the basis of the stock rights exercised. Can i file my back taxes online free Example. Can i file my back taxes online free You own 100 shares of ABC Company stock, which cost you $22 per share. Can i file my back taxes online free The ABC Company gave you 10 nontaxable stock rights that would allow you to buy 10 more shares at $26 per share. Can i file my back taxes online free At the time the stock rights were distributed, the stock had a market value of $30, not including the stock rights. Can i file my back taxes online free Each stock right had a market value of $3. Can i file my back taxes online free The market value of the stock rights was less than 15% of the market value of the stock, but you chose to divide the basis of your stock between the stock and the rights. Can i file my back taxes online free You figure the basis of the rights and the basis of the old stock as follows: 100 shares × $22 = $2,200, basis of old stock   100 shares × $30 = $3,000, market value of old stock   10 rights × $3 = $30, market value of rights   ($3,000 ÷ $3,030) × $2,200 = $2,178. Can i file my back taxes online free 22, new basis of old stock   ($30 ÷ $3,030) × $2,200 = $21. Can i file my back taxes online free 78, basis of rights   If you sell the rights, the basis for figuring gain or loss is $2. Can i file my back taxes online free 18 ($21. Can i file my back taxes online free 78 ÷ 10) per right. Can i file my back taxes online free If you exercise the rights, the basis of the stock you acquire is the price you pay ($26) plus the basis of the right exercised ($2. Can i file my back taxes online free 18), or $28. Can i file my back taxes online free 18 per share. Can i file my back taxes online free The remaining basis of the old stock is $21. Can i file my back taxes online free 78 per share. Can i file my back taxes online free Investment property received in liquidation. Can i file my back taxes online free   In general, if you receive investment property as a distribution in partial or complete liquidation of a corporation and if you recognize gain or loss when you acquire the property, your basis in the property is its fair market value at the time of the distribution. Can i file my back taxes online free S corporation stock. Can i file my back taxes online free   You must increase your basis in stock of an S corporation by your pro rata share of the following items. Can i file my back taxes online free All income items of the S corporation, including tax-exempt income, that are separately stated and passed through to you as a shareholder. Can i file my back taxes online free The nonseparately stated income of the S corporation. Can i file my back taxes online free The amount of the deduction for depletion (other than oil and gas depletion) that is more than the basis of the property being depleted. Can i file my back taxes online free   You must decrease your basis in stock of an S corporation by your pro rata share of the following items. Can i file my back taxes online free Distributions by the S corporation that were not included in your income. Can i file my back taxes online free All loss and deduction items of the S corporation that are separately stated and passed through to you. Can i file my back taxes online free Any nonseparately stated loss of the S corporation. Can i file my back taxes online free Any expense of the S corporation that is not deductible in figuring its taxable income and not properly chargeable to a capital account. Can i file my back taxes online free The amount of your deduction for depletion of oil and gas wells to the extent the deduction is not more than your share of the adjusted basis of the wells. Can i file my back taxes online free However, your basis in the stock cannot be reduced below zero. Can i file my back taxes online free Specialized small business investment company stock or partnership interest. Can i file my back taxes online free   If you bought this stock or interest as replacement property for publicly traded securities you sold at a gain, you must reduce the basis of the stock or interest by the amount of any postponed gain on that sale. Can i file my back taxes online free See Rollover of Gain From Publicly Traded Securities , later. Can i file my back taxes online free Qualified small business stock. Can i file my back taxes online free   If you bought this stock as replacement property for other qualified small business stock you sold at a gain, you must reduce the basis of this replacement stock by the amount of any postponed gain on the earlier sale. Can i file my back taxes online free See Gains on Qualified Small Business Stock , later. Can i file my back taxes online free Short sales. Can i file my back taxes online free   If you cannot deduct payments you make to a lender in lieu of dividends on stock used in a short sale, the amount you pay to the lender is a capital expense, and you must add it to the basis of the stock used to close the short sale. Can i file my back taxes online free   See Payments in lieu of dividends , later, for information about deducting payments in lieu of dividends. Can i file my back taxes online free Premiums on bonds. Can i file my back taxes online free   If you buy a bond at a premium, the premium is treated as part of your basis in the bond. Can i file my back taxes online free If you choose to amortize the premium paid on a taxable bond, you must reduce the basis of the bond by the amortized part of the premium each year over the life of the bond. Can i file my back taxes online free   Although you cannot deduct the premium on a tax-exempt bond, you must amortize it to determine your adjusted basis in the bond. Can i file my back taxes online free You must reduce the basis of the bond by the premium you amortized for the period you held the bond. Can i file my back taxes online free   See Bond Premium Amortization in chapter 3 for more information. Can i file my back taxes online free Market discount on bonds. Can i file my back taxes online free   If you include market discount on a bond in income currently, increase the basis of your bond by the amount of market discount you include in your income. Can i file my back taxes online free See Market Discount Bonds in chapter 1 for more information. Can i file my back taxes online free Bonds purchased at par value. Can i file my back taxes online free   A bond purchased at par value (face amount) has no premium or discount. Can i file my back taxes online free When you sell or otherwise dispose of the bond, you figure the gain or loss by comparing the bond proceeds to the purchase price of the bond. Can i file my back taxes online free Example. Can i file my back taxes online free You purchased a bond several years ago for its par value of $10,000. Can i file my back taxes online free You sold the bond this year for $10,100. Can i file my back taxes online free You have a gain of $100. Can i file my back taxes online free However, if you had sold the bond for $9,900, you would have a loss of $100. Can i file my back taxes online free Acquisition discount on short-term obligations. Can i file my back taxes online free   If you include acquisition discount on a short-term obligation in your income currently, increase the basis of the obligation by the amount of acquisition discount you include in your income. Can i file my back taxes online free See Discount on Short-Term Obligations in chapter 1 for more information. Can i file my back taxes online free Original issue discount (OID) on debt instruments. Can i file my back taxes online free   Increase the basis of a debt instrument by the OID you include in your income. Can i file my back taxes online free See Original Issue Discount (OID) in chapter 1. Can i file my back taxes online free Discounted tax-exempt obligations. Can i file my back taxes online free   OID on tax-exempt obligations is generally not taxable. Can i file my back taxes online free However, when you dispose of a tax-exempt obligation issued after September 3, 1982, that you acquired after March 1, 1984, you must accrue OID on the obligation to determine its adjusted basis. Can i file my back taxes online free The accrued OID is added to the basis of the obligation to determine your gain or loss. Can i file my back taxes online free   For information on determining OID on a long-term obligation, see Debt Instruments Issued After July 1, 1982, and Before 1985 or Debt Instruments Issued After 1984, whichever applies, in Publication 1212 under Figuring OID on Long-Term Debt Instruments. Can i file my back taxes online free   If the tax-exempt obligation has a maturity of 1 year or less, accrue OID under the rules for acquisition discount on short-term obligations. Can i file my back taxes online free See Discount on Short-Term Obligations in chapter 1. Can i file my back taxes online free Stripped tax-exempt obligation. Can i file my back taxes online free   If you acquired a stripped tax-exempt bond or coupon after October 22, 1986, you must accrue OID on it to determine its adjusted basis when you dispose of it. Can i file my back taxes online free For stripped tax-exempt bonds or coupons acquired after June 10, 1987, part of this OID may be taxable. Can i file my back taxes online free You accrue the OID on these obligations in the manner described in chapter 1 under Stripped Bonds and Coupons . Can i file my back taxes online free   Increase your basis in the stripped tax-exempt bond or coupon by the taxable and nontaxable accrued OID. Can i file my back taxes online free Also increase your basis by the interest that accrued (but was not paid and was not previously reflected in your basis) before the date you sold the bond or coupon. Can i file my back taxes online free In addition, for bonds acquired after June 10, 1987, add to your basis any accrued market discount not previously reflected in basis. Can i file my back taxes online free How To Figure Gain or Loss You figure gain or loss on a sale or trade of property by comparing the amount you realize with the adjusted basis of the property. Can i file my back taxes online free Gain. Can i file my back taxes online free   If the amount you realize from a sale or trade is more than the adjusted basis of the property you transfer, the difference is a gain. Can i file my back taxes online free Loss. Can i file my back taxes online free   If the adjusted basis of the property you transfer is more than the amount you realize, the difference is a loss. Can i file my back taxes online free Amount realized. Can i file my back taxes online free   The amount you realize from a sale or trade of property is everything you receive for the property minus your expenses of sale (such as redemption fees, sales commissions, sales charges, or exit fees). Can i file my back taxes online free Amount realized includes the money you receive plus the fair market value of any property or services you receive. Can i file my back taxes online free   If you finance the buyer's purchase of your property and the debt instrument does not provide for adequate stated interest, the unstated interest that you must report as ordinary income will reduce the amount realized from the sale. Can i file my back taxes online free For more information, see Publication 537. Can i file my back taxes online free   If a buyer of property issues a debt instrument to the seller of the property, the amount realized is determined by reference to the issue price of the debt instrument, which may or may not be the fair market value of the debt instrument. Can i file my back taxes online free See Regulations section 1. Can i file my back taxes online free 1001-1(g). Can i file my back taxes online free However, if the debt instrument was previously issued by a third party (one not part of the sale transaction), the fair market value of the debt instrument is used to determine the amount realized. Can i file my back taxes online free Fair market value. Can i file my back taxes online free   Fair market value is the price at which property would change hands between a buyer and a seller, neither being forced to buy or sell and both having reasonable knowledge of all the relevant facts. Can i file my back taxes online free Example. Can i file my back taxes online free You trade A Company stock with an adjusted basis of $7,000 for B Company stock with a fair market value of $10,000, which is your amount realized. Can i file my back taxes online free Your gain is $3,000 ($10,000 – $7,000). Can i file my back taxes online free If you also receive a note for $6,000 that has an issue price of $6,000, your gain is $9,000 ($10,000 + $6,000 – $7,000). Can i file my back taxes online free Debt paid off. Can i file my back taxes online free   A debt against the property, or against you, that is paid off as a part of the transaction or that is assumed by the buyer must be included in the amount realized. Can i file my back taxes online free This is true even if neither you nor the buyer is personally liable for the debt. Can i file my back taxes online free For example, if you sell or trade property that is subject to a nonrecourse loan, the amount you realize generally includes the full amount of the note assumed by the buyer even if the amount of the note is more than the fair market value of the property. Can i file my back taxes online free Example. Can i file my back taxes online free You sell stock that you had pledged as security for a bank loan of $8,000. Can i file my back taxes online free Your basis in the stock is $6,000. Can i file my back taxes online free The buyer pays off your bank loan and pays you $20,000 in cash. Can i file my back taxes online free The amount realized is $28,000 ($20,000 + $8,000). Can i file my back taxes online free Your gain is $22,000 ($28,000 – $6,000). Can i file my back taxes online free Payment of cash. Can i file my back taxes online free   If you trade property and cash for other property, the amount you realize is the fair market value of the property you receive. Can i file my back taxes online free Determine your gain or loss by subtracting the cash you pay and the adjusted basis of the property you trade in from the amount you realize. Can i file my back taxes online free If the result is a positive number, it is a gain. Can i file my back taxes online free If the result is a negative number, it is a loss. Can i file my back taxes online free No gain or loss. Can i file my back taxes online free   You may have to use a basis for figuring gain that is different from the basis used for figuring loss. Can i file my back taxes online free In this case, you may have neither a gain nor a loss. Can i file my back taxes online free See No gain or loss in the discussion on the basis of property you received as a gift under Basis Other Than Cost, earlier. Can i file my back taxes online free Special Rules for Mutual Funds To figure your gain or loss when you dispose of mutual fund shares, you need to determine which shares were sold and the basis of those shares. Can i file my back taxes online free If your shares in a mutual fund were acquired all on the same day and for the same price, figuring their basis is not difficu
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The Can I File My Back Taxes Online Free

Can i file my back taxes online free 13. Can i file my back taxes online free   Base de Bienes Table of Contents Introduction Useful Items - You may want to see: Base de CostoBienes Raíces Base AjustadaAumentos a la Base Disminuciones a la Base Base Distinta al CostoBienes Recibidos por Servicios Intercambios Sujetos a Impuestos Conversiones Involuntarias Intercambios no Sujetos a Impuestos Bienes Traspasados de un Cónyuge Bienes Recibidos como Donación Bienes Heredados Bienes de Uso Personal Cambiados a Uso Comercial o de Alquiler Acciones y Bonos Introduction Este capítulo explica cómo calcular la base de bienes. Can i file my back taxes online free Se divide en las siguientes secciones: Base de costo. Can i file my back taxes online free Base ajustada. Can i file my back taxes online free Base distinta al costo. Can i file my back taxes online free Su base es la cantidad de inversión en bienes para propósitos no sujetos a impuestos. Can i file my back taxes online free Use la base para calcular las pérdidas o ganancias provenientes de la venta, intercambio u otra enajenación de bienes. Can i file my back taxes online free Además, use la base para calcular las deducciones por depreciación, amortización, agotamiento y pérdidas fortuitas. Can i file my back taxes online free Si usa bienes para propósitos tanto comerciales como de inversión y personales, tiene que distribuir la base de acuerdo con el uso. Can i file my back taxes online free Sólo se puede depreciar la base asignada al uso comercial o de inversión de los bienes. Can i file my back taxes online free Su base original de los bienes se ajusta (aumenta o disminuye) según ciertos hechos. Can i file my back taxes online free Por ejemplo, si realiza mejoras a los bienes, aumente la base. Can i file my back taxes online free Si hace deducciones por depreciación o pérdidas fortuitas, o reclama ciertos créditos, reduzca la base. Can i file my back taxes online free Mantenga documentación precisa de todos los artículos que afecten la base de sus bienes. Can i file my back taxes online free Para más información sobre cómo mantener dicha documentación, consulte el capítulo 1 . Can i file my back taxes online free Useful Items - You may want to see: Publicación 15-B Employer's Tax Guide to Fringe Benefits (Guía tributaria sobre beneficios marginales para empleadores), en inglés 525 Taxable and Nontaxable Income (Ingresos sujetos a impuestos y no sujetos a impuestos), en inglés 535 Business Expenses (Gastos de negocio), en inglés 537 Installment Sales (Ventas a plazos), en inglés 544 Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés 550 Investment Income and Expenses (Ingresos y gastos de inversión), en inglés 551 Basis of Assets (Base de activos), en inglés 946 How To Depreciate Property (Cómo depreciar los bienes), en inglés Base de Costo La base de los bienes comprados normalmente es el costo de dichos bienes. Can i file my back taxes online free El costo es la cantidad que usted paga en efectivo, obligaciones de deuda, otros bienes o servicios. Can i file my back taxes online free Éste también puede incluir cantidades que paga por los siguientes artículos: Impuesto sobre ventas, Flete, Instalación y pruebas, Impuestos sobre artículos de uso y consumo, Honorarios legales y contables (cuando se tienen que capitalizar), Timbres de recaudación de impuestos, Costos de registro e Impuestos sobre bienes raíces (si usted los asume por el vendedor). Can i file my back taxes online free Además, la base de activos de bienes raíces y de negocios puede incluir otros artículos. Can i file my back taxes online free Préstamos con intereses bajos o sin intereses. Can i file my back taxes online free    Si compra bienes con un plan de pago a plazos con bajos intereses o sin intereses, la base de los bienes es el precio de compra establecido menos las cantidades consideradas intereses no establecidos. Can i file my back taxes online free Por lo general, se tienen intereses no establecidos si la tasa de interés es menor que la tasa federal correspondiente. Can i file my back taxes online free   Para obtener más información, consulte Unstated Interest and Original Issue Discount (OID) (Intereses no establecidos y descuento de la emisión original (OID, por sus siglas en inglés)) en la Publicación 537, en inglés. Can i file my back taxes online free Bienes Raíces Los bienes raíces, conocidos también como bienes inmuebles, consisten en tierra y, normalmente, todo lo que esté construido sobre esta tierra, lo que crezca en ella y todo lo instalado en ésta. Can i file my back taxes online free Si compra bienes raíces, algunos honorarios y otros gastos que usted pague son parte de la base de costo de los bienes. Can i file my back taxes online free Compra por suma global. Can i file my back taxes online free   Si compra edificios junto con la tierra por una suma global, asigne la base del costo entre la tierra y los edificios. Can i file my back taxes online free Asigne el costo según los valores justos de mercado (FMV, por sus siglas en inglés) respectivos de la tierra y los edificios al momento de la compra. Can i file my back taxes online free Calcule la base de cada uno de los activos multiplicando la suma global por una fracción. Can i file my back taxes online free El numerador es el valor justo de mercado de dicho activo y el denominador es el valor justo de mercado de los bienes en su totalidad al momento de la compra. Can i file my back taxes online free    Si no está seguro del valor justo de mercado de la tierra y los edificios, puede asignar la base de dichos bienes conforme a sus valores tasados para propósitos del impuesto sobre bienes raíces. Can i file my back taxes online free Valor justo de mercado (FMV). Can i file my back taxes online free   El valor justo de mercado (FMV, por sus siglas en inglés) es el precio por el cual los bienes cambian de propietario entre un comprador y un vendedor, cuando ninguno tiene la obligación de comprar o vender y cuando ambos tienen conocimiento razonable de todo hecho necesario. Can i file my back taxes online free Las ventas de bienes similares alrededor de la misma fecha pueden ser útiles para calcular el valor justo de mercado de los bienes. Can i file my back taxes online free Asunción de hipoteca. Can i file my back taxes online free   Si compra bienes y asume una hipoteca existente sobre los bienes (o si compra bienes sujetos a hipoteca), su base incluye la cantidad que paga por los bienes más la cantidad que se tiene que pagar sobre la hipoteca. Can i file my back taxes online free Cargos de liquidación. Can i file my back taxes online free   Su base incluye los cargos de liquidación y los costos de cierre que pagó por comprar los bienes. Can i file my back taxes online free Un cargo por comprar bienes es un costo que se tiene que pagar aun si compra los bienes en efectivo. Can i file my back taxes online free No incluya en su base cargos ni costos por obtener un préstamo sobre los bienes. Can i file my back taxes online free   Los siguientes son algunos de los cargos por liquidación o costos de cierre que puede incluir en la base de los bienes: Cargos por investigación del título de propiedad. Can i file my back taxes online free Cargos por conexión de servicios públicos. Can i file my back taxes online free Cargos por trámites legales (incluyendo cargos por la búsqueda del título y la preparación del contrato de compraventa y la escritura). Can i file my back taxes online free Costos de registro. Can i file my back taxes online free Cargos por estudios topográficos. Can i file my back taxes online free Impuestos de traspaso. Can i file my back taxes online free Seguro de título de la propiedad. Can i file my back taxes online free Cantidades que adeuda el vendedor y que usted acuerda pagar, como impuestos o intereses atrasados, costos de registro y cargos hipotecarios, cargos por mejoras o reparaciones y comisiones por ventas. Can i file my back taxes online free   Los costos de liquidación no incluyen cantidades puestas en depósito para el pago futuro de gastos como impuestos y seguro. Can i file my back taxes online free   Los siguientes son algunos de los cargos por liquidación y costos de cierre que no puede incluir en la base de los bienes: Primas de un seguro contra hechos fortuitos. Can i file my back taxes online free Alquiler por ocupación de la propiedad antes del cierre. Can i file my back taxes online free Cargos por servicios públicos u otros servicios relacionados con la ocupación de la propiedad antes del cierre. Can i file my back taxes online free Cargos relacionados con la obtención de un préstamo, tales como puntos (puntos de descuento, costos originarios del préstamo), primas de seguro hipotecario, cargos por asunción del préstamo, costo de un informe de crédito y cargos por una tasación que sea requisito del prestamista. Can i file my back taxes online free Cargos por refinanciamiento de una hipoteca. Can i file my back taxes online free Impuestos sobre bienes raíces. Can i file my back taxes online free   Si paga los impuestos sobre bienes raíces que el vendedor adeudaba sobre los bienes raíces que usted compró y el vendedor no se los reembolsa, considere estos impuestos como parte de su base. Can i file my back taxes online free No puede deducirlos como gasto. Can i file my back taxes online free    Si le reembolsa al vendedor los impuestos que éste pagó por usted, normalmente puede deducir la cantidad como gasto en el año de la compra. Can i file my back taxes online free No incluya esta cantidad en la base de bienes. Can i file my back taxes online free Si no se los reembolsa al vendedor, tiene que restar esos impuestos de su base. Can i file my back taxes online free Puntos. Can i file my back taxes online free   Si paga puntos para obtener un préstamo (incluyendo una hipoteca, una segunda hipoteca, una línea de crédito o un préstamo sobre el valor neto de la vivienda), no sume los puntos a la base de los bienes correspondientes. Can i file my back taxes online free Normalmente, los puntos se deducen a lo largo del plazo del préstamo. Can i file my back taxes online free Para más información sobre cómo deducir puntos, consulte el capítulo 23 . Can i file my back taxes online free Puntos de hipoteca de vivienda. Can i file my back taxes online free   Le pueden corresponder reglas especiales sobre los puntos que usted y el vendedor paguen cuando usted obtenga una hipoteca para comprar su vivienda principal. Can i file my back taxes online free Si se cumplen ciertos requisitos, puede deducir los puntos en su totalidad para el año en que se pagaron. Can i file my back taxes online free Reduzca la base de su vivienda por los puntos que pagó el vendedor. Can i file my back taxes online free Base Ajustada Antes de calcular las pérdidas o ganancias de una venta, intercambio u otra enajenación de bienes o de calcular la depreciación, agotamiento o amortización permisibles, por regla general, tiene que realizar ciertos ajustes (aumentos o disminuciones) a la base del costo o base distinta al costo (explicadas más adelante) de los bienes. Can i file my back taxes online free El resultado de estos ajustes a la base es la base ajustada. Can i file my back taxes online free Aumentos a la Base Aumente la base de los bienes por todos los artículos correctamente sumados a una cuenta de capital. Can i file my back taxes online free Ejemplos de artículos que aumentan la base se encuentran en la Tabla 13-1. Can i file my back taxes online free Algunos de estos artículos se explican a continuación. Can i file my back taxes online free Mejoras. Can i file my back taxes online free   Sume a su base de los bienes el costo de las mejoras que tengan vida útil de más de 1 año, si éstas aumentan el valor de los bienes, prolongan su vida útil o los adaptan para un uso diferente. Can i file my back taxes online free Por ejemplo, las mejoras incluyen la instalación de una sala de recreación en un sótano no terminado, la construcción de un baño o dormitorio adicional, la colocación de una cerca, la instalación de nueva plomería o cableado, la instalación de un nuevo tejado o la pavimentación de la entrada de autos. Can i file my back taxes online free Gravámenes por mejoras locales. Can i file my back taxes online free   Sume a la base de los bienes los cargos por mejoras como calles y aceras o banquetas, si éstas aumentan el valor de los bienes. Can i file my back taxes online free No deduzca dichos cargos como impuestos. Can i file my back taxes online free Sin embargo, puede deducir como impuestos los cargos por mantenimiento, reparaciones o cargos de intereses relacionados con las mejoras. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free El ayuntamiento transforma la calle ubicada frente a su tienda en un paseo peatonal y le tasa un gravamen a la propiedad de usted y a las de otros propietarios afectados por el costo del cambio de la calle. Can i file my back taxes online free Sume dicho cargo a la base de sus bienes. Can i file my back taxes online free En este ejemplo, el cargo es un activo depreciable. Can i file my back taxes online free Disminuciones a la Base Reduzca la base de bienes por todo lo que represente un rendimiento de capital en el período durante el cual tuvo los bienes. Can i file my back taxes online free Los ejemplos de artículos que reducen la base se encuentran en la Tabla 13-1. Can i file my back taxes online free Algunos de estos artículos se explican a continuación. Can i file my back taxes online free Tabla 13-1. Can i file my back taxes online free Ejemplos de Ajustes a la Base Aumentos a la Base Disminuciones a la Base • Mejoras de capital: • Exclusión en los ingresos de subsidios  por sistemas de ahorro de energía   Ampliación de la vivienda     Instalación de un tejado completo     Pavimentación de la entrada de autos • Deducciones por pérdidas fortuitas o  por robo y reembolsos de seguros   Instalación de aire acondicionado central     Cambio del cableado en la vivienda         • Gravámenes por mejoras locales: • Ganancia aplazada de la venta de una  vivienda   Conexiones de agua     Extensión de cables de servicios públicos   hasta la propiedad • Crédito por vehículos con motor  alternativo (Formulario 8910)   Banquetas o aceras     Calles       • Crédito por bienes para recargar  vehículos de combustible alternativo   (Formulario 8911)             • Pérdidas por hechos fortuitos:  Restauración de bienes dañados   • Créditos por energía eficaz  residencial (Formulario 5695)         • Depreciación y deducción conforme a  la sección 179       • Honorarios legales: • Distribuciones de sociedades  anónimas no sujetos a impuestos   Costo de defender y perfeccionar un título   de propiedad     Honorarios por obtener la reducción de un   gravamen del ayuntamiento • Determinadas deudas canceladas  excluidas de los ingresos       • Costos de zonificación • Servidumbres (derechos de acceso  a la propiedad)         • Beneficios tributarios por adopción Pérdidas por hecho fortuito y robo. Can i file my back taxes online free   Si tiene pérdidas por hecho fortuito o por robo, reste de la base de los bienes el dinero del seguro u otros reembolsos y las pérdidas deducibles no cubiertas por el seguro. Can i file my back taxes online free    Tiene que aumentar la base de los bienes por la cantidad que gaste en reparaciones que restauren los bienes a su condición previa al hecho fortuito. Can i file my back taxes online free   Para obtener más información acerca de las pérdidas fortuitas y por robo, consulte el capítulo 25 . Can i file my back taxes online free Depreciación y deducción conforme a la sección 179. Can i file my back taxes online free   Reste de la base de la propiedad comercial calificada las deducciones que haya declarado conforme a la sección 179 y la depreciación que haya deducido, o pudo haber deducido (incluyendo todo descuento especial por depreciación), en la declaración de impuestos según el método de depreciación que seleccionó. Can i file my back taxes online free   Para obtener más información acerca de la depreciación y la deducción conforme a la sección 179, consulte la Publicación 946 y las Instrucciones del Formulario 4562, ambas en inglés. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free Usted fue propietario de un dúplex usado como vivienda de alquiler que le costó $40,000, de los cuales $35,000 fueron asignados al edificio y $5,000 al terreno. Can i file my back taxes online free Hizo una ampliación al dúplex que costó $10,000. Can i file my back taxes online free En febrero del año pasado, el dúplex sufrió daños por un incendio. Can i file my back taxes online free Hasta ese momento, usted había descontado una depreciación de $23,000. Can i file my back taxes online free Vendió algunos materiales rescatados del siniestro por $1,300 y cobró $19,700 de la compañía de seguros. Can i file my back taxes online free Dedujo una pérdida fortuita de $1,000 en su declaración de impuestos sobre el ingreso del año pasado. Can i file my back taxes online free Gastó $19,000 del dinero del seguro para la restauración del dúplex, que se completó este año. Can i file my back taxes online free Tiene que usar la base ajustada del dúplex después de la restauración para determinar la depreciación para el resto del período de recuperación de la propiedad. Can i file my back taxes online free Calcule la base ajustada del dúplex de la siguiente manera: Costo original del dúplex $35,000 Ampliación hecha al dúplex 10,000 Costo total del dúplex $45,000 Menos: Depreciación 23,000 Base ajustada antes del hecho fortuito $22,000 Menos: Dinero del seguro $19,700     Pérdida fortuita deducida 1,000     Materiales rescatados 1,300 22,000 Base ajustada después del hecho fortuito $-0- Sume: Costo de restauración del dúplex 19,000 Base ajustada después de la restauración $19,000 Nota: La base del terreno es el costo original de $5,000. Can i file my back taxes online free Servidumbres (derechos de acceso a la propiedad). Can i file my back taxes online free   La cantidad recibida por otorgar una servidumbre normalmente se considera ganancia de la venta de una participación en bienes raíces. Can i file my back taxes online free Esto reduce la base de la parte afectada de los bienes. Can i file my back taxes online free Si la cantidad recibida es mayor que la base de la parte de la propiedad afectada por la servidumbre, reduzca su base de esa parte a cero y considere el remanente como una ganancia reconocida. Can i file my back taxes online free   Si la ganancia es sobre bienes de capital, consulte el capítulo 16 para obtener más información acerca de cómo declararla. Can i file my back taxes online free Si la ganancia es sobre bienes usados en una ocupación o negocio, consulte la Publicación 544, en inglés, para obtener información acerca de cómo declararla. Can i file my back taxes online free Exclusión de subsidios por sistemas de ahorro de energía. Can i file my back taxes online free   Puede excluir del ingreso bruto todo subsidio recibido de una compañía de servicios públicos por la compra o instalación de un sistema de ahorro de energía para una vivienda. Can i file my back taxes online free De la base de los bienes para los cuales recibió el subsidio, reste la cantidad excluida. Can i file my back taxes online free Para obtener más información acerca de este subsidio, consulte el capítulo 12 . Can i file my back taxes online free Ganancia aplazada de la venta de una vivienda. Can i file my back taxes online free    Si aplazó la ganancia de la venta de su vivienda principal según las reglas en vigencia antes del 7 de mayo de 1997, tiene que restar la ganancia aplazada de la base de la vivienda que adquirió como reposición. Can i file my back taxes online free Para obtener más información acerca de las reglas sobre la venta de una vivienda, vea el capítulo 15 . Can i file my back taxes online free Base Distinta al Costo En muchas ocasiones, no puede usar el costo como base. Can i file my back taxes online free En estos casos, se puede usar el valor justo de mercado o la base ajustada de los bienes. Can i file my back taxes online free El valor justo de mercado y la base ajustada se explican en secciones anteriores. Can i file my back taxes online free Bienes Recibidos por Servicios Si recibe bienes por sus servicios, incluya el valor justo de mercado de dichos bienes en los ingresos. Can i file my back taxes online free La cantidad que incluye en los ingresos es la base. Can i file my back taxes online free Si los servicios se prestaron por un precio acordado con anticipación, éste se aceptará como el valor justo de mercado de los bienes si no existen pruebas de lo contrario. Can i file my back taxes online free Bienes restringidos. Can i file my back taxes online free   Si recibe bienes por sus servicios y los bienes están sujetos a ciertas restricciones, la base de los bienes es el valor justo de mercado en el momento en que estén sustancialmente establecidos sus derechos a dichos bienes. Can i file my back taxes online free Sin embargo, esta regla no corresponde si elige incluir en los ingresos el valor justo de mercado de los bienes en el momento en que se le traspasen dichos bienes, menos la cantidad que pagó por éstos. Can i file my back taxes online free Su derecho sobre esos bienes están sustancialmente establecidos cuando dichos bienes se pueden traspasar o cuando no están sujetos a un riesgo importante de pérdida (es decir, usted tiene pocas probabilidades de perderlos). Can i file my back taxes online free Para obtener más información, consulte Restricted Property (Bienes restringidos) en la Publicación 525, en inglés. Can i file my back taxes online free Compra por valor inferior. Can i file my back taxes online free   Una compra por valor inferior es una compra de un artículo por un valor menor que su valor justo de mercado. Can i file my back taxes online free Si, como compensación por servicios, compra productos u otros bienes por un valor menor al valor justo de mercado, incluya en su ingreso la diferencia entre el precio de compra y el valor justo de mercado de los bienes. Can i file my back taxes online free La base de los bienes es el valor justo de mercado (precio de compra más la cantidad que se incluye en los ingresos). Can i file my back taxes online free   Si la diferencia entre el precio de compra y el valor justo de mercado es un descuento al empleado, no incluya la diferencia en los ingresos. Can i file my back taxes online free Sin embargo, la base de los bienes sigue siendo el valor justo de mercado. Can i file my back taxes online free Consulte Employee Discounts (Descuentos del empleado) en la Publicación 15-B, en inglés. Can i file my back taxes online free Intercambios Sujetos a Impuestos Un intercambio sujeto a impuestos es aquel intercambio en el que la ganancia está sujeta a impuestos o la pérdida es deducible. Can i file my back taxes online free Una ganancia sujeta a impuestos o pérdida deducible también se conoce como ganancia o pérdida reconocida. Can i file my back taxes online free Si recibe bienes como intercambio por otros bienes a través de un intercambio sujeto a impuestos, normalmente la base de los bienes que recibe es el valor justo de mercado al momento del intercambio. Can i file my back taxes online free Conversiones Involuntarias Si recibe bienes de reposición como resultado de una conversión involuntaria, tal como un hecho fortuito, robo o expropiación forzosa, calcule la base de los bienes de reposición usando la base de los bienes convertidos. Can i file my back taxes online free Bienes similares o afines. Can i file my back taxes online free   Si recibe bienes de reposición similares o afines en servicio o uso a los bienes convertidos, la base de los bienes de reposición es la misma que la base de los bienes convertidos en la fecha de la conversión, con los siguientes ajustes: Reduzca la base por lo siguiente: Toda pérdida que reconozca en la conversión involuntaria. Can i file my back taxes online free Todo dinero que reciba y que no gaste en bienes afines. Can i file my back taxes online free Aumente la base por lo siguiente: Toda ganancia que reconozca en la conversión involuntaria. Can i file my back taxes online free Todo costo de adquisición de los bienes de reposición. Can i file my back taxes online free Dinero o bienes no similares ni afines. Can i file my back taxes online free    Si recibe dinero o bienes no similares o no afines en servicio o uso a los bienes convertidos y compra bienes de reposición similares o afines en servicio o uso a los bienes convertidos, la base de los bienes de reposición es el costo menos la ganancia no reconocida en la conversión. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free El estado expropió sus bienes. Can i file my back taxes online free La base ajustada de los bienes era $26,000 y el estado le pagó $31,000 por éstos. Can i file my back taxes online free Usted obtuvo una ganancia de $5,000 ($31,000 − $26,000). Can i file my back taxes online free Por $29,000 compró bienes de reposición similares en uso a los bienes convertidos. Can i file my back taxes online free Obtiene una ganancia de $2,000 ($31,000 − $29,000), la parte no gastada del pago que recibió del estado. Can i file my back taxes online free Su ganancia no reconocida es $3,000, la diferencia entre los $5,000 de ganancia obtenida y los $2,000 de ganancia reconocida. Can i file my back taxes online free La base de los bienes de reposición se calcula de la siguiente manera: Costo de los bienes de reposición $29,000 Menos: Ganancia no reconocida 3,000 Base de los bienes de reposición $26,000 Cómo distribuir la base. Can i file my back taxes online free   Si compra más de una propiedad de reposición, distribuya la base entre los bienes de acuerdo con los costos respectivos. Can i file my back taxes online free Base de depreciación. Can i file my back taxes online free   Hay reglas especiales para determinar y depreciar la base de los bienes MACRS (Sistema modificado de recuperación acelerada de costos) adquiridos en una conversión involuntaria. Can i file my back taxes online free Para información, vea What Is the Basis of Your Depreciable Property? (¿Cuál es la base de los bienes depreciables?), en el capítulo 1 de la Publicación 946, en inglés. Can i file my back taxes online free Intercambios no Sujetos a Impuestos Un intercambio no sujeto a impuestos es aquel intercambio en el que no se gravan las ganancias y no se pueden deducir las pérdidas. Can i file my back taxes online free Si recibe bienes por intercambio no sujetos a impuestos, normalmente la base es la misma que la base de los bienes que traspasó. Can i file my back taxes online free Consulte Canjes no Sujetos a Impuestos en el capítulo 14. Can i file my back taxes online free Intercambios de Bienes del Mismo Tipo El intercambio de bienes del mismo tipo es la clase más común de intercambio no sujeto a impuestos. Can i file my back taxes online free Para considerarse intercambio de bienes del mismo tipo, tanto los bienes canjeados como los bienes recibidos tienen que ser los siguientes: Bienes calificados. Can i file my back taxes online free Bienes del mismo tipo. Can i file my back taxes online free La base de los bienes que recibe normalmente es la misma que la base ajustada de los bienes que traspase. Can i file my back taxes online free Si canjea los bienes en un intercambio de bienes del mismo tipo y también paga dinero, la base de los bienes recibidos es la base ajustada de los bienes que entregó más el dinero que pagó. Can i file my back taxes online free Bienes calificados. Can i file my back taxes online free   En un intercambio de bienes del mismo tipo, tiene que mantener para inversión o uso productivo en su ocupación o negocio tanto los bienes que traspase como los bienes que reciba. Can i file my back taxes online free Bienes del mismo tipo. Can i file my back taxes online free   Tiene que haber un intercambio de bienes del mismo tipo. Can i file my back taxes online free Los bienes del mismo tipo son bienes de la misma naturaleza o carácter, aun si son de grado o calidad diferente. Can i file my back taxes online free El intercambio de bienes raíces por bienes raíces, o de bienes muebles por bienes muebles similares, es un intercambio de bienes del mismo tipo. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free Usted canjea un camión viejo que usó en su negocio con una base ajustada de $1,700 por un camión nuevo que tiene un costo de $6,800. Can i file my back taxes online free El concesionario le hace un descuento de $2,000 por el camión viejo y usted paga $4,800. Can i file my back taxes online free Esto es un ejemplo de un intercambio de bienes del mismo tipo. Can i file my back taxes online free La base del camión nuevo es $6,500 (la base ajustada del camión viejo, $1,700, más la cantidad que pagó, $4,800). Can i file my back taxes online free Si vende el camión viejo a un tercero por $2,000, en lugar de hacer un canje y luego comprar un camión nuevo a un concesionario, usted tiene una ganancia sujeta a impuestos de $300 sobre la venta (el precio de venta de $2,000 menos la base ajustada de $1,700). Can i file my back taxes online free La base del camión nuevo es el precio que paga al concesionario. Can i file my back taxes online free Intercambios parcialmente no sujetos a impuestos. Can i file my back taxes online free   Un intercambio parcialmente no sujeto a impuestos es un intercambio en el que usted recibe bienes que no son del mismo tipo o dinero, además de bienes del mismo tipo. Can i file my back taxes online free La base de los bienes que recibe es igual a la base ajustada total de los bienes que traspasó, con los siguientes ajustes: Reduzca la base por lo siguiente: Todo el dinero que reciba. Can i file my back taxes online free Todas las pérdidas que reconozca en el intercambio. Can i file my back taxes online free Aumente la base por lo siguiente: Todos los costos adicionales en los que incurra. Can i file my back taxes online free Todas las ganancias que reconozca en el intercambio. Can i file my back taxes online free Si la otra parte implicada en el intercambio asume las deudas que le pertenecen a usted, trate la asunción de deuda como dinero que usted recibió en el intercambio. Can i file my back taxes online free Asignación de la base. Can i file my back taxes online free   Si recibe tanto bienes del mismo tipo como bienes que no son del mismo tipo en el intercambio, asigne la base primero a los bienes que no sean del mismo tipo, excepto dinero, hasta su valor justo de mercado en la fecha del intercambio. Can i file my back taxes online free El resto es la base de los bienes del mismo tipo. Can i file my back taxes online free Información adicional. Can i file my back taxes online free   Para obtener más información, consulte Like-Kind Exchanges (Intercambios de bienes del mismo tipo) en el capítulo 1 de la Publicación 544, en inglés. Can i file my back taxes online free Base de depreciación. Can i file my back taxes online free   Hay reglas especiales para determinar y depreciar la base de los bienes MACRS adquiridos en un intercambio de bienes del mismo tipo. Can i file my back taxes online free Para información, vea What Is the Basis of Your Depreciable Property? (¿Cuál es la base de los bienes depreciables?), en el capítulo 1 de la Publicación 946, en inglés. Can i file my back taxes online free Bienes Traspasados de un Cónyuge La base de los bienes traspasados a usted o traspasados en fideicomiso para su beneficio por su cónyuge es la misma base que la base ajustada de su cónyuge. Can i file my back taxes online free Se aplica la misma regla a un traspaso efectuado por su ex cónyuge en relación con su divorcio. Can i file my back taxes online free Sin embargo, para bienes traspasados en fideicomiso, ajuste la base según las ganancias reconocidas por su cónyuge o ex cónyuge si las obligaciones asumidas, más las obligaciones a las que están sujetos los bienes, son mayores que la base ajustada de los bienes traspasados. Can i file my back taxes online free Si los bienes que le son traspasados son bonos de ahorros estadounidenses de la serie E, serie EE o serie I, el cesionario tiene que incluir en el ingreso los intereses devengados a la fecha del traspaso. Can i file my back taxes online free Su base en los bonos, inmediatamente después del traspaso, es igual a la base del cesionario más el ingreso de intereses que se pueda incluir en el ingreso del cesionario. Can i file my back taxes online free Para obtener más información acerca de estos bonos, consulte el capítulo 7 . Can i file my back taxes online free Al momento del traspaso, el cesionario tiene que entregarle la documentación necesaria para determinar la base ajustada y el período de tenencia de los bienes a partir de la fecha de traspaso. Can i file my back taxes online free Para obtener más información acerca del traspaso de bienes de un cónyuge, consulte el capítulo 14 . Can i file my back taxes online free Bienes Recibidos como Donación Para calcular la base de una propiedad recibida como donación, tiene que conocer la base ajustada del donante justo antes de la donación, el valor justo de mercado de esta propiedad al momento en que se dona y los impuestos sobre donaciones pagados por dicha propiedad. Can i file my back taxes online free Valor justo de mercado menor que la base ajustada del donante. Can i file my back taxes online free   Si el valor justo de mercado de los bienes al momento de la donación es menor que la base ajustada del donante, la base depende de si usted tiene ganancias o pérdidas cuando enajene los bienes. Can i file my back taxes online free Su base para calcular ganancias es la misma que la base ajustada del donante más o menos los ajustes requeridos a la base mientras usted tenía los bienes. Can i file my back taxes online free Su base para calcular pérdidas es el valor justo de mercado cuando recibió la donación más o menos los ajustes requeridos a la base mientras usted tenía los bienes. Can i file my back taxes online free Vea Base Ajustada , anteriormente. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free Usted recibió un acre de terreno como donación. Can i file my back taxes online free Al momento de la donación, el terreno tenía un valor justo de mercado de $8,000. Can i file my back taxes online free La base ajustada del donante era $10,000. Can i file my back taxes online free Después de recibir los bienes, no sucedió nada que aumentara ni disminuyera la base de los mismos. Can i file my back taxes online free Si posteriormente usted vende los bienes por $12,000, tendrá una ganancia de $2,000 porque tiene que usar la base ajustada del donante al momento de la donación ($10,000) como base para calcular la ganancia. Can i file my back taxes online free Si vende los bienes por $7,000, tendrá una pérdida de $1,000 porque tiene que usar el valor justo de mercado al momento de la donación ($8,000) como base para calcular la pérdida. Can i file my back taxes online free Si el precio de venta está entre $8,000 y $10,000, no tiene ganancias ni pérdidas. Can i file my back taxes online free Bienes comerciales. Can i file my back taxes online free   Si mantiene la donación como bienes comerciales, su base para calcular deducciones por depreciación, agotamiento o amortización es la misma que la base del donante más o menos los ajustes requeridos a la base mientras usted tiene los bienes. Can i file my back taxes online free Valor justo de mercado igual o mayor que la base ajustada del donante. Can i file my back taxes online free   Si el valor justo de mercado de los bienes es igual o mayor que la base ajustada del donante, la base es la base ajustada del donante al momento en que usted recibió la donación. Can i file my back taxes online free Aumente la base por la totalidad o parte de los impuestos sobre donaciones pagados, según la fecha de donación, como se explica más adelante. Can i file my back taxes online free   Además, para calcular las pérdidas o ganancias de una venta u otra enajenación o para calcular deducciones por depreciación, agotamiento o amortización sobre bienes comerciales, tiene que aumentar o reducir la base (la base ajustada del donante) por los ajustes requeridos a la base mientras usted tuvo los bienes. Can i file my back taxes online free Vea Base Ajustada , anteriormente. Can i file my back taxes online free   Si recibió una donación durante el año tributario, aumente la base de la donación (la base ajustada del donante) por la parte del impuesto sobre donaciones pagado sobre esta donación debido al aumento neto en valor de la donación. Can i file my back taxes online free Calcule el aumento multiplicando el impuesto pagado sobre la donación por la siguiente fracción. Can i file my back taxes online free El numerador de la fracción es el aumento neto del valor de la donación y el denominador es la cantidad de la donación. Can i file my back taxes online free   El aumento neto del valor de la donación es el valor justo de mercado de la donación menos la base ajustada del donante. Can i file my back taxes online free La cantidad de la donación es el valor para fines del impuesto sobre la donación después de haber sido reducida por toda exclusión anual y deducción conyugal o caritativa que corresponda a la donación. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free En el año 2013, usted recibió una donación de bienes de su madre que tenía un valor justo de mercado de $50,000. Can i file my back taxes online free La base ajustada de su madre era $20,000. Can i file my back taxes online free La cantidad de la donación para propósitos del impuesto sobre donaciones era $36,000 ($50,000 menos la exclusión anual de $14,000). Can i file my back taxes online free Su madre pagó un impuesto sobre donaciones de $7,320 sobre los bienes. Can i file my back taxes online free La base de usted es $26,076, calculada de la siguiente manera: Valor justo de mercado. Can i file my back taxes online free $50,000 Menos: Base ajustada −20,000 Aumento neto en valor $30,000     Impuesto sobre la donación pagado $7,320 Multiplicado por ($30,000 ÷ $36,000) × 0. Can i file my back taxes online free 83 Impuesto sobre la donación debido al aumento neto en valor $6,076 Base ajustada de los bienes para su madre +20,000 La base de los bienes para usted $26,076 Nota: Si recibió una donación antes de 1977, la base de la donación para usted (la base ajustada del donante) incluye todos los impuestos sobre donaciones pagados sobre ésta. Can i file my back taxes online free Sin embargo, la base no puede ser mayor que el valor justo de mercado de la donación al momento en que se le dio a usted. Can i file my back taxes online free Bienes Heredados Su base en bienes heredados de un difunto que falleció antes del 1 de enero de 2010 o después del 31 de diciembre de 2010, es normalmente uno de los siguientes: El valor justo de mercado de los bienes en la fecha de muerte del difunto. Can i file my back taxes online free El valor justo de mercado en la fecha de valuación alternativa si el representante personal del caudal hereditario elige usar una valuación alternativa. Can i file my back taxes online free El valor según el método de valuación de uso especial para bienes raíces usados en actividades agrícolas o en el ejercicio de un negocio estrechamente controlado por pocos accionistas si se elige para propósitos del impuesto sobre la herencia. Can i file my back taxes online free La base ajustada del terreno del difunto hasta el valor excluido de la herencia sujeto a impuestos del difunto como una servidumbre de conservación calificada. Can i file my back taxes online free Si no hay que presentar una declaración del impuesto federal sobre la herencia, la base de los bienes heredados es el valor tasado en la fecha de fallecimiento para los impuestos estatales sobre la herencia o la transmisión. Can i file my back taxes online free Para obtener más información, consulte las Instrucciones del Formulario 706, United States Estate (and Generation-Skipping Transfer) Tax Return (Declaración del impuesto sobre el patrimonio (y transferencia con salto de generación) de los Estados Unidos), en inglés. Can i file my back taxes online free Bienes heredados de un difunto que falleció en 2010. Can i file my back taxes online free   Si heredó bienes de un difunto que falleció en 2010, pueden aplicarse requisitos especiales. Can i file my back taxes online free Para más información, vea la Publicación 4895, Tax Treatment of Property Acquired From a Decedent Dying in 2010 (Trato tributario de bienes adquiridos de un difunto que falleció en 2010), en inglés. Can i file my back taxes online free Bienes gananciales. Can i file my back taxes online free   En las jurisdicciones donde rigen las leyes de la comunidad de bienes gananciales (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington y Wisconsin), se considera generalmente que cada cónyuge posee la mitad de los bienes gananciales. Can i file my back taxes online free Al fallecer cualquiera de los cónyuges, el total del valor de los bienes gananciales, aún la parte que le pertenece al cónyuge sobreviviente, normalmente se convierte en la base de la totalidad de los bienes. Can i file my back taxes online free Para que esta regla corresponda, por lo menos la mitad del valor de los bienes gananciales tiene que poderse incluir en el patrimonio bruto del difunto, independientemente de si se tiene que presentar o no una declaración sobre la herencia. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free   Usted y su cónyuge tenían bienes gananciales cuya base era $80,000. Can i file my back taxes online free Cuando su cónyuge falleció, la mitad del valor justo de mercado de los bienes gananciales era incluible en el patrimonio de su cónyuge. Can i file my back taxes online free El valor justo de mercado de los intereses de los bienes gananciales era $100,000. Can i file my back taxes online free La base de su mitad de los bienes después de la muerte de su cónyuge es $50,000 (la mitad del valor justo de mercado de $100,000). Can i file my back taxes online free La base de la otra mitad que se pasa a los herederos de su cónyuge también es $50,000. Can i file my back taxes online free   Para más información, vea la Publicación 555, Community Property (Comunidad de bienes gananciales), en inglés. Can i file my back taxes online free Bienes de Uso Personal Cambiados a Uso Comercial o de Alquiler Si tiene bienes para uso personal y luego los cambia a uso comercial o los usa para producir ingresos de alquiler, puede empezar a depreciar dichos bienes al momento del cambio. Can i file my back taxes online free Para hacerlo, tiene que calcular la base para propósitos de depreciación al momento del cambio. Can i file my back taxes online free Un ejemplo de un cambio de bienes de uso personal a uso comercial o de alquiler sería alquilar su antigua vivienda personal. Can i file my back taxes online free Base para propósitos de depreciación. Can i file my back taxes online free   La base para depreciación es la menor de las siguientes cantidades: El valor justo de mercado de los bienes en la fecha del cambio. Can i file my back taxes online free La base ajustada en la fecha del cambio. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free Hace varios años, usted pagó $160,000 por construir su casa en un terreno que costó $25,000. Can i file my back taxes online free Pagó $20,000 por mejoras permanentes a la vivienda y declaró una deducción por pérdidas fortuitas de $2,000 por daños a la vivienda antes de cambiar los bienes a uso de alquiler el año pasado. Can i file my back taxes online free Como el terreno no es depreciable, usted incluye sólo el costo de la vivienda al calcular la base para propósitos de determinar depreciación. Can i file my back taxes online free Su base ajustada en la vivienda, cuando cambió su uso, era $178,000 ($160,000 + $20,000 − $2,000). Can i file my back taxes online free En la misma fecha, su propiedad tenía un valor justo de mercado de $180,000, del cual $15,000 correspondían al terreno y $165,000 a la vivienda. Can i file my back taxes online free La base para calcular la depreciación de la vivienda es el valor justo de mercado en la fecha del cambio ($165,000) ya que es menor que la base ajustada ($178,000). Can i file my back taxes online free Venta de bienes. Can i file my back taxes online free   Si en el futuro usted vende o enajena los bienes cambiados a uso comercial o de alquiler, la base que use dependerá de si calcula pérdidas o ganancias. Can i file my back taxes online free Ganancia. Can i file my back taxes online free   La base para calcular una ganancia es la base ajustada de los bienes en el momento de la venta. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free Suponga los mismos hechos que en el ejemplo anterior, excepto que usted vende los bienes obteniendo una ganancia después de descontar $37,500 por concepto de deducciones por depreciación. Can i file my back taxes online free Su base ajustada para calcular la ganancia es $165,500 ($178,000 + $25,000 (terreno) − $37,500). Can i file my back taxes online free Pérdida. Can i file my back taxes online free   Calcule la base para una pérdida empezando con la base ajustada o el valor justo de mercado de los bienes al momento del cambio a uso comercial o de alquiler, el que sea menor. Can i file my back taxes online free Luego haga ajustes (aumentos y reducciones) para el período después del cambio de uso de los bienes, como se explicó anteriormente bajo Base Ajustada . Can i file my back taxes online free Ejemplo. Can i file my back taxes online free Suponga los mismos hechos que en el ejemplo anterior, excepto que usted vende los bienes con pérdida después de descontar $37,500 por concepto de deducciones por depreciación. Can i file my back taxes online free En este caso, empezaría con el valor justo de mercado en la fecha del cambio a uso de alquiler ($180,000), ya que es menor que la base ajustada de $203,000 ($178,000 + $25,000 (terreno)) en esa fecha. Can i file my back taxes online free Reste de esa cantidad ($180,000) las deducciones por depreciación ($37,500). Can i file my back taxes online free La base para pérdidas es $142,500 ($180,000 − $37,500). Can i file my back taxes online free Acciones y Bonos La base de acciones o bonos que usted compre, por lo general, es el precio de compra más los costos de la compra, como comisiones y costos de registro o de traspaso. Can i file my back taxes online free Si obtiene acciones o bonos por un medio que no sea la compra, la base suele determinarse por el valor justo de mercado o la base ajustada del propietario anterior, como se explica anteriormente. Can i file my back taxes online free Tiene que ajustar la base de las acciones según ciertos hechos que sucedan después de la compra. Can i file my back taxes online free Por ejemplo, si recibe acciones adicionales de dividendos de acciones no sujetas a impuestos o divisiones de acciones, reduzca la base para cada acción, dividiendo la base ajustada de las acciones antiguas entre el número de acciones antiguas y nuevas. Can i file my back taxes online free Esta regla se aplica sólo cuando el número de acciones adicionales recibidas es idéntico al número de acciones tenidas. Can i file my back taxes online free Además, reduzca la base cuando reciba distribuciones no sujetas a impuestos. Can i file my back taxes online free Son un rendimiento de capital. Can i file my back taxes online free Ejemplo. Can i file my back taxes online free En el año 2011, compró 100 acciones de XYZ por $1,000, o sea, a $10 por acción. Can i file my back taxes online free En el año 2012, compró 100 acciones de XYZ por $1,600, o sea, a $16 por acción. Can i file my back taxes online free En el año 2013, XYZ declaró una división de acciones de 2 por 1. Can i file my back taxes online free Ahora tiene 200 acciones con una base de $5 por acción y 200 acciones con una base de $8 por acción. Can i file my back taxes online free Otras bases. Can i file my back taxes online free   Existen otras maneras de calcular la base de acciones o bonos, según cómo los adquirió. Can i file my back taxes online free Para obtener información más detallada, consulte Stocks and Bonds (Acciones y bonos) bajo Basis of Investment Property (Base de bienes de inversión) en el capítulo 4 de la Publicación 550, en inglés. Can i file my back taxes online free Cómo identificar acciones o bonos vendidos. Can i file my back taxes online free   Si puede identificar correctamente las acciones o los bonos que vendió, entonces la base de éstos es el costo u otra base de las acciones o bonos específicos. Can i file my back taxes online free Si compra y vende valores en fechas distintas y en cantidades distintas y no puede identificar correctamente las acciones vendidas, entonces la base de los valores que venda es la base de los valores que adquirió primero. Can i file my back taxes online free Para obtener más información sobre cómo identificar los valores que venda, consulte Stocks and Bonds (Acciones y bonos) bajo Basis of Investment Property (Base de bienes de inversión) en el capítulo 4 de la Publicación 550, en inglés. Can i file my back taxes online free Acciones de fondos mutuos. Can i file my back taxes online free   Si vende acciones de fondos mutuos que adquirió en fechas distintas y a precios distintos, y que dejó en depósito en una cuenta mantenida por un custodio o agente, puede optar por usar una base promedio. Can i file my back taxes online free Para obtener más información, consulte la Publicación 550, en inglés. Can i file my back taxes online free Prima de bonos. Can i file my back taxes online free   Si compra un bono sujeto a impuestos con prima (o sea, a un precio que excede su valor nominal) y elige amortizarla, reste de la base del bono la prima amortizada que deduzca cada año. Can i file my back taxes online free Para obtener más información, consulte Bond Premium Amortization (Amortización de primas de bonos) en el capítulo 3 de la Publicación 550, en inglés. Can i file my back taxes online free Aunque no puede deducir la prima sobre un bono exento de impuestos, tiene que amortizar la prima cada año y restar la cantidad amortizada de la base del bono. Can i file my back taxes online free Descuento de la emisión original (OID) sobre instrumentos de deuda. Can i file my back taxes online free   Tiene que aumentar la base de un instrumento de deuda de un descuento de la emisión original (OID, por sus siglas en inglés) por el OID que incluya en sus ingresos por ese instrumento. Can i file my back taxes online free Consulte Descuento de la emisión original (OID) en el capítulo 7 y la Publicación 1212, Guide to Original Issue Discount (OID) Instruments (Guía de instrumentos del descuento de la emisión original (OID)), en inglés. Can i file my back taxes online free Obligaciones exentas de impuestos. Can i file my back taxes online free    Por lo general, el OID sobre las obligaciones exentas de impuestos no está sujeto a impuestos. Can i file my back taxes online free Sin embargo, cuando enajene una obligación exenta de impuestos emitida después del 3 de septiembre de 1982 y comprada después del 1 de marzo de 1984, tiene que acumular el OID sobre la obligación para determinar su base ajustada. Can i file my back taxes online free El OID acumulado se suma a la base de la obligación para determinar su pérdida o ganancia. Can i file my back taxes online free Consulte el cápitulo 4 de la Publicación 550, en inglés. Can i file my back taxes online free Prev  Up  Next   Home   More Online Publications