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

TurboTax Federal Free Edition - File Taxes Online

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

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


© 2012 - 2018 All rights reserved.

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

Ezform

Irs Vita1040ez Tax TableForm 1040nr EzOhio Tax Form 1040ezI Need To File A 2011 Tax Return2011 Tax ReturnTurbotax 2011 Tax Preparation2012 990 Tax FormsForm 1040ez 2011File Free State TaxFiling State Taxes Only1040x Example1040ez FileIrs Income Tax Forms 2011How To File State Taxes Online For Free140ezFree 1040 State Tax Forms2011 Federal Tax Forms And Instructions1040 NowIrs Gov Forms Form 1040xFree Irs Tax PreparationFree State Tax Filing Turbotax Code2012 Tax FormsFree Prior Year Tax Filing FreeTax Form For College Students1040x 2012Irs Form1040File 1040 Ez Online1041 Ez FormAmend 2011 Tax Return OnlineHow Do I Amend My State Tax Return1040ez 2011 Form PdfState Tax Forms 1040Free E File 20111040ez Forms And InstructionsDownload A 1040ez Federal Tax Form2011 Ez FormTax Amendment FormTax AmendmentHow To File Amended Tax Return

Ezform

Ezform 7. Ezform   Coverdell Education Savings Account (ESA) Table of Contents Introduction What Is a Coverdell ESAQualified Education Expenses ContributionsContribution Limits Additional Tax on Excess Contributions Rollovers and Other TransfersRollovers Changing the Designated Beneficiary Transfer Because of Divorce DistributionsTax-Free Distributions Taxable Distributions When Assets Must Be Distributed Introduction If your modified adjusted gross income (MAGI) is less than $110,000 ($220,000 if filing a joint return), you may be able to establish a Coverdell ESA to finance the qualified education expenses of a designated beneficiary. Ezform For most taxpayers, MAGI is the adjusted gross income as figured on their federal income tax return. Ezform There is no limit on the number of separate Coverdell ESAs that can be established for a designated beneficiary. Ezform However, total contributions for the beneficiary in any year cannot be more than $2,000, no matter how many accounts have been established. Ezform See Contributions , later. Ezform This benefit applies not only to higher education expenses, but also to elementary and secondary education expenses. Ezform What is the tax benefit of the Coverdell ESA. Ezform   Contributions to a Coverdell ESA are not deductible, but amounts deposited in the account grow tax free until distributed. Ezform   If, for a year, distributions from an account are not more than a designated beneficiary's qualified education expenses at an eligible educational institution, the beneficiary will not owe tax on the distributions. Ezform See Tax-Free Distributions , later. Ezform    Table 7-1 summarizes the main features of the Coverdell ESA. Ezform Table 7-1. Ezform Coverdell ESA at a Glance Do not rely on this table alone. Ezform It provides only general highlights. Ezform See the text for definitions of terms in bold type and for more complete explanations. Ezform Question Answer What is a Coverdell ESA? A savings account that is set up to pay the qualified education expenses of a designated beneficiary. Ezform Where can it be established? It can be opened in the United States at any bank or other IRS-approved entity that offers Coverdell ESAs. Ezform Who can have a Coverdell ESA? Any beneficiary who is under age 18 or is a special needs beneficiary. Ezform Who can contribute to a Coverdell ESA? Generally, any individual (including the beneficiary) whose modified adjusted gross income for the year is less than $110,000 ($220,000 in the case of a joint return). Ezform Are distributions tax free? Yes, if the distributions are not more than the beneficiary's adjusted qualified education expenses for the year. Ezform What Is a Coverdell ESA A Coverdell ESA is a trust or custodial account created or organized in the United States only for the purpose of paying the qualified education expenses of the Designated beneficiary (defined later) of the account. Ezform When the account is established, the designated beneficiary must be under age 18 or a special needs beneficiary. Ezform To be treated as a Coverdell ESA, the account must be designated as a Coverdell ESA when it is created. Ezform The document creating and governing the account must be in writing and must satisfy the following requirements. Ezform The trustee or custodian must be a bank or an entity approved by the IRS. Ezform The document must provide that the trustee or custodian can only accept a contribution that meets all of the following conditions. Ezform The contribution is in cash. Ezform The contribution is made before the beneficiary reaches age 18, unless the beneficiary is a special needs beneficiary. Ezform The contribution would not result in total contributions for the year (not including rollover contributions) being more than $2,000. Ezform Money in the account cannot be invested in life insurance contracts. Ezform Money in the account cannot be combined with other property except in a common trust fund or common investment fund. Ezform The balance in the account generally must be distributed within 30 days after the earlier of the following events. Ezform The beneficiary reaches age 30, unless the beneficiary is a special needs beneficiary. Ezform The beneficiary's death. Ezform Qualified Education Expenses Generally, these are expenses required for the enrollment or attendance of the designated beneficiary at an eligible educational institution. Ezform For purposes of Coverdell ESAs, the expenses can be either qualified higher education expenses or qualified elementary and secondary education expenses. Ezform Designated beneficiary. Ezform   This is the individual named in the document creating the trust or custodial account to receive the benefit of the funds in the account. Ezform Contributions to a qualified tuition program (QTP). Ezform   A contribution to a QTP is a qualified education expense if the contribution is on behalf of the designated beneficiary of the Coverdell ESA. Ezform In the case of a change in beneficiary, this is a qualified expense only if the new beneficiary is a family member of that designated beneficiary. Ezform See chapter 8, Qualified Tuition Program . Ezform Eligible Educational Institution For purposes of Coverdell ESAs, an eligible educational institution can be either an eligible postsecondary school or an eligible elementary or secondary school. Ezform Eligible postsecondary school. Ezform   This is any college, university, vocational school, or other postsecondary educational institution eligible to participate in a student aid program administered by the U. Ezform S. Ezform Department of Education. Ezform It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. Ezform The educational institution should be able to tell you if it is an eligible educational institution. Ezform   Certain educational institutions located outside the United States also participate in the U. Ezform S. Ezform Department of Education's Federal Student Aid (FSA) programs. Ezform Eligible elementary or secondary school. Ezform   This is any public, private, or religious school that provides elementary or secondary education (kindergarten through grade 12), as determined under state law. Ezform Qualified Higher Education Expenses These are expenses related to enrollment or attendance at an eligible postsecondary school. Ezform As shown in the following list, to be qualified, some of the expenses must be required by the school and some must be incurred by students who are enrolled at least half-time. Ezform The following expenses must be required for enrollment or attendance of a designated beneficiary at an eligible postsecondary school. Ezform Tuition and fees. Ezform Books, supplies, and equipment. Ezform Expenses for special needs services needed by a special needs beneficiary must be incurred in connection with enrollment or attendance at an eligible postsecondary school. Ezform Expenses for room and board must be incurred by students who are enrolled at least half-time (defined below). Ezform The expense for room and board qualifies only to the extent that it is not more than the greater of the following two amounts. Ezform The allowance for room and board, as determined by the school, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student. Ezform The actual amount charged if the student is residing in housing owned or operated by the school. Ezform Half-time student. Ezform   A student is enrolled “at least half-time” if he or she is enrolled for at least half the full-time academic work load for the course of study the student is pursuing, as determined under the standards of the school where the student is enrolled. Ezform Qualified Elementary and Secondary Education Expenses These are expenses related to enrollment or attendance at an eligible elementary or secondary school. Ezform As shown in the following list, to be qualified, some of the expenses must be required or provided by the school. Ezform There are special rules for computer-related expenses. Ezform The following expenses must be incurred by a designated beneficiary in connection with enrollment or attendance at an eligible elementary or secondary school. Ezform Tuition and fees. Ezform Books, supplies, and equipment. Ezform Academic tutoring. Ezform Special needs services for a special needs beneficiary. Ezform The following expenses must be required or provided by an eligible elementary or secondary school in connection with attendance or enrollment at the school. Ezform Room and board. Ezform Uniforms. Ezform Transportation. Ezform Supplementary items and services (including extended day programs). Ezform The purchase of computer technology, equipment, or Internet access and related services is a qualified elementary and secondary education expense if it is to be used by the beneficiary and the beneficiary's family during any of the years the beneficiary is in elementary or secondary school. Ezform (This does not include expenses for computer software designed for sports, games, or hobbies unless the software is predominantly educational in nature. Ezform ) Contributions Any individual (including the designated beneficiary) can contribute to a Coverdell ESA if the individual's MAGI (defined later under Contribution Limits ) for the year is less than $110,000. Ezform For individuals filing joint returns, that amount is $220,000. Ezform Organizations, such as corporations and trusts, can also contribute to Coverdell ESAs. Ezform There is no requirement that an organization's income be below a certain level. Ezform Contributions must meet all of the following requirements. Ezform They must be in cash. Ezform They cannot be made after the beneficiary reaches age 18, unless the beneficiary is a special needs beneficiary. Ezform They must be made by the due date of the contributor's tax return (not including extensions). Ezform Contributions can be made to one or several Coverdell ESAs for the same designated beneficiary provided that the total contributions are not more than the contribution limits (defined later) for a year. Ezform Contributions can be made, without penalty, to both a Coverdell ESA and a QTP in the same year for the same beneficiary. Ezform Table 7-2 summarizes many of the features of contributing to a Coverdell ESA. Ezform When contributions considered made. Ezform   Contributions made to a Coverdell ESA for the preceding tax year are considered to have been made on the last day of the preceding year. Ezform They must be made by the due date (not including extensions) for filing your return for the preceding year. Ezform   For example, if you make a contribution to a Coverdell ESA in February 2014, and you designate it as a contribution for 2013, you are considered to have made that contribution on December 31, 2013. Ezform Contribution Limits There are two yearly limits: One on the total amount that can be contributed for each designated beneficiary in any year, and One on the amount that any individual can contribute for any one designated beneficiary for a year. Ezform Limit for each designated beneficiary. Ezform   For 2013, the total of all contributions to all Coverdell ESAs set up for the benefit of any one designated beneficiary cannot be more than $2,000. Ezform This includes contributions (other than rollovers) to all the beneficiary's Coverdell ESAs from all sources. Ezform Rollovers are discussed under Rollovers and Other Transfers , later. Ezform Example. Ezform When Maria Luna was born in 2012, three separate Coverdell ESAs were set up for her, one by her parents, one by her grandfather, and one by her aunt. Ezform In 2013, the total of all contributions to Maria's three Coverdell ESAs cannot be more than $2,000. Ezform For example, if her grandfather contributed $2,000 to one of her Coverdell ESAs, no one else could contribute to any of her three accounts. Ezform Or, if her parents contributed $1,000 and her aunt $600, her grandfather or someone else could contribute no more than $400. Ezform These contributions could be put into any of Maria's Coverdell ESA accounts. Ezform Limit for each contributor. Ezform   Generally, you can contribute up to $2,000 for each designated beneficiary for 2013. Ezform This is the most you can contribute for the benefit of any one beneficiary for the year, regardless of the number of Coverdell ESAs set up for the beneficiary. Ezform Example. Ezform The facts are the same as in the previous example except that Maria Luna's older brother, Edgar, also has a Coverdell ESA. Ezform If their grandfather contributed $2,000 to Maria's Coverdell ESA in 2013, he could also contribute $2,000 to Edgar's Coverdell ESA. Ezform Reduced limit. Ezform   Your contribution limit may be reduced. Ezform If your MAGI (defined on this page) is between $95,000 and $110,000 (between $190,000 and $220,000 if filing a joint return), the $2,000 limit for each designated beneficiary is gradually reduced (see Figuring the limit , later). Ezform If your MAGI is $110,000 or more ($220,000 or more if filing a joint return), you cannot contribute to anyone's Coverdell ESA. Ezform Table 7-2. Ezform Coverdell ESA Contributions at a Glance Do not rely on this table alone. Ezform It provides only general highlights. Ezform See the text for more complete explanations. Ezform Question Answer Are contributions deductible? No. Ezform What is the annual contribution limit per designated beneficiary? $2,000 for each designated beneficiary. Ezform What if more than one Coverdell ESA has been opened for the same designated beneficiary? The annual contribution limit is $2,000 for each beneficiary, no matter how many Coverdell ESAs are set up for that beneficiary. Ezform What if more than one individual makes contributions for the same designated beneficiary? The annual contribution limit is $2,000 per beneficiary, no matter how many individuals contribute. Ezform Can contributions other than cash be made to a Coverdell ESA? No. Ezform When must contributions stop? No contributions can be made to a beneficiary's Coverdell ESA after he or she reaches age 18, unless the beneficiary is a special needs beneficiary. Ezform Modified adjusted gross income (MAGI). Ezform   For most taxpayers, MAGI is adjusted gross income (AGI) as figured on their federal income tax return. Ezform MAGI when using Form 1040A. Ezform   If you file Form 1040A, your MAGI is the AGI on line 22 of that form. Ezform MAGI when using Form 1040. Ezform   If you file Form 1040, your MAGI is the AGI on line 38 of that form, modified by adding back any: Foreign earned income exclusion, Foreign housing exclusion, Foreign housing deduction, Exclusion of income by bona fide residents of American Samoa, and Exclusion of income by bona fide residents of Puerto Rico. Ezform MAGI when using Form 1040NR. Ezform   If you file Form 1040NR, your MAGI is the AGI on line 36 of that form. Ezform MAGI when using Form 1040NR-EZ. Ezform   If you file Form 1040NR-EZ, your MAGI is the AGI on line 10 of that form. Ezform   If you have any of these adjustments, you can use Worksheet 7-1. Ezform MAGI for a Coverdell ESA , later, to figure your MAGI for Form 1040. Ezform Worksheet 7-1. Ezform MAGI for a Coverdell ESA 1. Ezform Enter your adjusted gross income  (Form 1040, line 38)   1. Ezform   2. Ezform Enter your foreign earned income exclusion and/or housing exclusion (Form 2555, line 45, or Form 2555-EZ, line 18)   2. Ezform       3. Ezform Enter your foreign housing deduction (Form 2555, line 50)   3. Ezform         4. Ezform Enter the amount of income from Puerto Rico you are excluding   4. Ezform       5. Ezform Enter the amount of income from American Samoa you are excluding (Form 4563, line 15)   5. Ezform       6. Ezform Add lines 2, 3, 4, and 5   6. Ezform   7. Ezform Add lines 1 and 6. Ezform This is your  modified adjusted gross income   7. Ezform   Figuring the limit. Ezform    To figure the limit on the amount you can contribute for each designated beneficiary, multiply $2,000 by a fraction. Ezform The numerator (top number) is your MAGI minus $95,000 ($190,000 if filing a joint return). Ezform The denominator (bottom number) is $15,000 ($30,000 if filing a joint return). Ezform Subtract the result from $2,000. Ezform This is the amount you can contribute for each beneficiary. Ezform You can use Worksheet 7-2. Ezform Coverdell ESA Contribution Limit to figure the limit on contributions. Ezform    Worksheet 7-2. Ezform Coverdell ESA Contribution Limit 1. Ezform Maximum contribution   1. Ezform $2,000 2. Ezform Enter your modified adjusted gross income (MAGI) for purposes of figuring the contribution limit to a Coverdell ESA (see definition or Worksheet 7-1, earlier)   2. Ezform   3. Ezform Enter $190,000 if married filing jointly; $95,000 for all other filers   3. Ezform   4. Ezform Subtract line 3 from line 2. Ezform If zero or less, enter -0- on line 4, skip lines 5 through 7, and enter $2,000 on line 8   4. Ezform   5. Ezform Enter $30,000 if married filing jointly; $15,000 for all other filers   5. Ezform     Note. Ezform If the amount on line 4 is greater than or equal to the amount on line 5, stop here. Ezform You are not allowed to contribute to a Coverdell ESA for 2013. Ezform       6. Ezform Divide line 4 by line 5 and enter the result as a decimal (rounded to at least 3 places)   6. Ezform . Ezform 7. Ezform Multiply line 1 by line 6   7. Ezform   8. Ezform Subtract line 7 from line 1   8. Ezform   Note: The total Coverdell ESA contributions from all sources for the designated beneficiary during the tax year may not exceed $2,000. Ezform Example. Ezform Paul, who is single, had a MAGI of $96,500 for 2013. Ezform Paul can contribute up to $1,800 in 2013 for each beneficiary, as shown in the illustrated Worksheet 7-2, Coverdell ESA Contribution Limit–Illustrated. Ezform Worksheet 7-2. Ezform Coverdell ESA Contribution Limit—Illustrated 1. Ezform Maximum contribution   1. Ezform $2,000 2. Ezform Enter your modified adjusted gross  income (MAGI) for purposes of figuring the contribution limit to a Coverdell ESA (see definition or Worksheet 7-1, earlier)   2. Ezform 96,500 3. Ezform Enter $190,000 if married filing jointly; $95,000 for all other filers   3. Ezform 95,000 4. Ezform Subtract line 3 from line 2. Ezform If zero or less, enter -0- on line 4, skip lines 5 through 7, and enter $2,000 on line 8   4. Ezform 1,500 5. Ezform Enter $30,000 if married filing jointly; $15,000 for all other filers   5. Ezform 15,000   Note. Ezform If the amount on line 4 is greater than or equal to the amount on line 5,  stop here. Ezform You are not allowed to  contribute to a Coverdell ESA for 2013. Ezform       6. Ezform Divide line 4 by line 5 and enter the result as a decimal (rounded to at least 3 places)   6. Ezform . Ezform 100 7. Ezform Multiply line 1 by line 6   7. Ezform 200 8. Ezform Subtract line 7 from line 1   8. Ezform 1,800 Note: The total Coverdell ESA contributions from all sources for the designated beneficiary during the tax year may not exceed $2,000. Ezform Additional Tax on Excess Contributions The beneficiary must pay a 6% excise tax each year on excess contributions that are in a Coverdell ESA at the end of the year. Ezform Excess contributions are the total of the following two amounts. Ezform Contributions to any designated beneficiary's Coverdell ESA for the year that are more than $2,000 (or, if less, the total of each contributor's limit for the year, as discussed earlier). Ezform Excess contributions for the preceding year, reduced by the total of the following two amounts: Distributions (other than those rolled over as discussed later) during the year, and The contribution limit for the current year minus the amount contributed for the current year. Ezform Exceptions. Ezform   The excise tax does not apply if excess contributions made during 2013 (and any earnings on them) are distributed before the first day of the sixth month of the following tax year (June 1, 2014, for a calendar year taxpayer). Ezform   However, you must include the distributed earnings in gross income for the year in which the excess contribution was made. Ezform You should receive Form 1099-Q, Payments From Qualified Education Programs, from each institution from which excess contributions were distributed. Ezform Box 2 of that form will show the amount of earnings on your excess contributions. Ezform Code “2” or “3” entered in the blank box below boxes 5 and 6 indicate the year in which the earnings are taxable. Ezform See Instructions for Recipient on the back of copy B of your Form 1099-Q. Ezform Enter the amount of earnings on line 21 of Form 1040 (or Form 1040NR) for the applicable tax year. Ezform For more information, see Taxable Distributions , later. Ezform   The excise tax does not apply to any rollover contribution. Ezform Note. Ezform Contributions made in one year for the preceding tax year are considered to have been made on the last day of the preceding year. Ezform Example. Ezform In 2012, Greta's parents and grandparents contributed a total of $2,300 to Greta's Coverdell ESA— an excess contribution of $300. Ezform Because Greta did not withdraw the excess before June 1, 2013, she had to pay an additional tax of $18 (6% × $300) when she filed her 2012 tax return. Ezform In 2013, excess contributions of $500 were made to Greta's account, however, she withdrew $250 from that account to use for qualified education expenses. Ezform Using the steps shown earlier under Additional Tax on Excess Contributions , Greta figures the excess contribution in her account at the end of 2013 as follows. Ezform (1)   $500 excess contributions made in 2013     + (2)   $300 excess contributions in ESA at end of 2012     − (2a)   $250 distribution during 2013         $550 excess at end of 2013   × 6%=$33           If Greta limits 2014 contributions to $1,450 ($2,000 maximum allowed − $550 excess contributions from 2013), she will not owe any additional tax in 2014 for excess contributions. Ezform Figuring and reporting the additional tax. Ezform   You figure this excise tax in Part V of Form 5329. Ezform Report the additional tax on Form 1040, line 58 (or Form 1040NR, line 56). Ezform Rollovers and Other Transfers Assets can be rolled over from one Coverdell ESA to another or the designated beneficiary can be changed. Ezform The beneficiary's interest can be transferred to a spouse or former spouse because of divorce. Ezform Rollovers Any amount distributed from a Coverdell ESA is not taxable if it is rolled over to another Coverdell ESA for the benefit of the same beneficiary or a member of the beneficiary's family (including the beneficiary's spouse) who is under age 30. Ezform This age limitation does not apply if the new beneficiary is a special needs beneficiary. Ezform An amount is rolled over if it is paid to another Coverdell ESA within 60 days after the date of the distribution. Ezform Do not report qualifying rollovers (those that meet the above criteria) anywhere on Form 1040 or 1040NR. Ezform These are not taxable distributions. Ezform Members of the beneficiary's family. Ezform   For these purposes, the beneficiary's family includes the beneficiary's spouse and the following other relatives of the beneficiary. Ezform Son, daughter, stepchild, foster child, adopted child, or a descendant of any of them. Ezform Brother, sister, stepbrother, or stepsister. Ezform Father or mother or ancestor of either. Ezform Stepfather or stepmother. Ezform Son or daughter of a brother or sister. Ezform Brother or sister of father or mother. Ezform Son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law. Ezform The spouse of any individual listed above. Ezform First cousin. Ezform Example. Ezform When Aaron graduated from college last year he had $5,000 left in his Coverdell ESA. Ezform He wanted to give this money to his younger sister, who was still in high school. Ezform In order to avoid paying tax on the distribution of the amount remaining in his account, Aaron contributed the same amount to his sister's Coverdell ESA within 60 days of the distribution. Ezform Only one rollover per Coverdell ESA is allowed during the 12-month period ending on the date of the payment or distribution. Ezform This rule does not apply to the rollover of a military death gratuity or payment from Servicemembers' Group Life Insurance (SGLI). Ezform Military death gratuity. Ezform   If you received a military death gratuity or a payment from Servicemembers' Group Life Insurance (SGLI), you may roll over all or part of the amount received to one or more Coverdell ESAs for the benefit of members of the beneficiary's family (see Members of the beneficiary's family , earlier). Ezform Such payments are made to an eligible survivor upon the death of a member of the armed forces. Ezform The contribution to a Coverdell ESA from survivor benefits received cannot be made later than 1 year after the date on which you receive the gratuity or SGLI payment. Ezform   This rollover contribution is not subject to (but is in addition to) the contribution limits discussed earlier under Contribution Limits . Ezform The amount you roll over cannot exceed the total survivor benefits you received, reduced by contributions from these benefits to a Roth IRA or other Coverdell ESAs. Ezform   The amount contributed from the survivor benefits is treated as part of your basis (cost) in the Coverdell ESA, and will not be taxed when distributed. Ezform See Distributions , later. Ezform The limit of one rollover per Coverdell ESA during a 12-month period does not apply to a military death gratuity or SGLI payment. Ezform Changing the Designated Beneficiary The designated beneficiary can be changed. Ezform See Members of the beneficiary's family , earlier. Ezform There are no tax consequences if, at the time of the change, the new beneficiary is under age 30 or is a special needs beneficiary. Ezform Example. Ezform Assume the same situation for Aaron as in the last example (see Rollovers , earlier). Ezform Instead of closing his Coverdell ESA and paying the distribution into his sister's Coverdell ESA, Aaron could have instructed the trustee of his account to simply change the name of the beneficiary on his account to that of his sister. Ezform Transfer Because of Divorce If a spouse or former spouse receives a Coverdell ESA under a divorce or separation instrument, it is not a taxable transfer. Ezform After the transfer, the spouse or former spouse treats the Coverdell ESA as his or her own. Ezform Example. Ezform In their divorce settlement, Peg received her ex-husband's Coverdell ESA. Ezform In this process, the account was transferred into her name. Ezform Peg now treats the funds in this Coverdell ESA as if she were the original owner. Ezform Distributions The designated beneficiary of a Coverdell ESA can take a distribution at any time. Ezform Whether the distributions are tax free depends, in part, on whether the distributions are equal to or less than the amount of Adjusted qualified education expenses (defined later) that the beneficiary has in the same tax year. Ezform See Table 7-3, Coverdell ESA Distributions at a Glance, for highlights. Ezform Table 7-3. Ezform Coverdell ESA Distributions at a Glance Do not rely on this table alone. Ezform It provides only general highlights. Ezform See the text for definitions of terms in bold type and for more complete explanations. Ezform Question Answer Is a distribution from a Coverdell ESA to pay for a designated beneficiary's qualified education expenses tax free? Generally, yes, to the extent the amount of the distribution is not more than the designated beneficiary's adjusted qualified education expenses. Ezform After the designated beneficiary completes his or her education at an eligible educational institution, can amounts remaining in the Coverdell ESA be distributed? Yes. Ezform Amounts must be distributed when the designated beneficiary reaches age 30, unless he or she is a special needs beneficiary. Ezform Also, certain transfers to members of the beneficiary's family are permitted. Ezform Does the designated beneficiary need to be enrolled for a minimum number of courses to take a tax-free distribution? No. Ezform Adjusted qualified education expenses. Ezform   To determine if total distributions for the year are more than the amount of qualified education expenses, reduce total qualified education expenses by any tax-free educational assistance. Ezform Tax-free educational assistance includes: The tax-free part of scholarships and fellowships (see Tax-Free Scholarships and Fellowships in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Veterans' educational assistance (see Veterans' Benefits in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Pell grants (see Pell Grants and Other Title IV Need-Based Education Grants in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Employer-provided educational assistance (see chapter 11, Employer-Provided Educational Assistance ), and Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance. Ezform The amount you get by subtracting tax-free educational assistance from your total qualified education expenses is your adjusted qualified education expenses. Ezform Tax-Free Distributions Generally, distributions are tax free if they are not more than the beneficiary's adjusted qualified education expenses for the year. Ezform Do not report tax-free distributions (including qualifying rollovers) on your tax return. Ezform Taxable Distributions A portion of the distributions is generally taxable to the beneficiary if the total distributions are more than the beneficiary's adjusted qualified education expenses for the year. Ezform Excess distribution. Ezform   This is the part of the total distribution that is more than the beneficiary's adjusted qualified education expenses for the year. Ezform Earnings and basis. Ezform   You will receive a Form 1099-Q for each of the Coverdell ESAs from which money was distributed in 2013. Ezform The amount of your gross distribution will be shown in box 1. Ezform For 2013, instead of dividing the gross distribution between your earnings (box 2) and your basis (already-taxed amount) (box 3), the payer or trustee may report the fair market value (account balance) of the Coverdell ESA as of December 31, 2013. Ezform This will be shown in the blank box below boxes 5 and 6. Ezform   The amount contributed from survivor benefits (see Military death gratuity , earlier) is treated as part of your basis and will not be taxed when distributed. Ezform Figuring the Taxable Portion of a Distribution The taxable portion is the amount of the excess distribution that represents earnings that have accumulated tax free in the account. Ezform Figure the taxable portion for 2013 as shown in the following steps. Ezform Multiply the total amount distributed by a fraction. Ezform The numerator is the basis (contributions not previously distributed) at the end of 2012 plus total contributions for 2013 and the denominator is the value (balance) of the account at the end of 2013 plus the amount distributed during 2013. Ezform Subtract the amount figured in (1) from the total amount distributed during 2013. Ezform The result is the amount of earnings included in the distribution(s). Ezform Multiply the amount of earnings figured in (2) by a fraction. Ezform The numerator is the adjusted qualified education expenses paid during 2013 and the denominator is the total amount distributed during 2013. Ezform Subtract the amount figured in (3) from the amount figured in (2). Ezform The result is the amount the beneficiary must include in income. Ezform The taxable amount must be reported on Form 1040 or Form 1040NR, line 21. Ezform Example. Ezform You received an $850 distribution from your Coverdell ESA, to which $1,500 had been contributed before 2013. Ezform There were no contributions in 2013. Ezform This is your first distribution from the account, so your basis in the account on December 31, 2012, was $1,500. Ezform The value (balance) of your account on December 31, 2013, was $950. Ezform You had $700 of adjusted qualified education expenses (AQEE) for the year. Ezform Using the steps in Figuring the Taxable Portion of a Distribution , earlier, figure the taxable portion of your distribution as follows. Ezform   1. Ezform $850 (distribution) × $1,500 basis + $0 contributions  $950 value + $850 distribution       =$708 (basis portion of distribution)     2. Ezform $850 (distribution)−$708 (basis portion of distribution)     =$142 (earnings included in distribution)   3. Ezform $142 (earnings) × $700 AQEE  $850 distribution           =$117 (tax-free earnings)     4. Ezform $142 (earnings)−$117 (tax-free earnings)=$25 (taxable earnings)                 You must include $25 in income as distributed earnings not used for qualified education expenses. Ezform Report this amount on Form 1040, line 21, listing the type and amount of income on the dotted line. Ezform Worksheet 7-3, Coverdell ESA–Taxable Distributions and Basis , at the end of this chapter, can help you figure your adjusted qualified education expenses, how much of your distribution must be included in income, and the remaining basis in your Coverdell ESA(s). Ezform Coordination With American Opportunity and Lifetime Learning Credits The American opportunity or lifetime learning credit can be claimed in the same year the beneficiary takes a tax-free distribution from a Coverdell ESA, as long as the same expenses are not used for both benefits. Ezform This means the beneficiary must reduce qualified higher education expenses by tax-free educational assistance, and then further reduce them by any expenses taken into account in determining an American opportunity or lifetime learning credit. Ezform Example. Ezform Derek Green had $5,800 of qualified higher education expenses for 2013, his first year in college. Ezform He paid his college expenses from the following sources. Ezform     Partial tuition scholarship (tax free) $1,500     Coverdell ESA distribution 1,000     Gift from parents 2,100     Earnings from part-time job 1,200           Of his $5,800 of qualified higher education expenses, $4,000 was tuition and related expenses that also qualified for an American opportunity credit. Ezform Derek's parents claimed a $2,500 American opportunity credit (based on $4,000 expenses) on their tax return. Ezform Before Derek can determine the taxable portion of his Coverdell ESA distribution, he must reduce his total qualified higher education expenses. Ezform     Total qualified higher education expenses $5,800     Minus: Tax-free educational assistance −1,500     Minus: Expenses taken into account in  figuring American opportunity credit − 4,000     Equals: Adjusted qualified higher education  expenses (AQHEE) $ 300           Since the adjusted qualified higher education expenses ($300) are less than the Coverdell ESA distribution ($1,000), part of the distribution will be taxable. Ezform The balance in Derek's account was $1,800 on December 31, 2013. Ezform Prior to 2013, $2,100 had been contributed to this account. Ezform Contributions for 2013 totaled $400. Ezform Using the four steps outlined earlier, Derek figures the taxable portion of his distribution as shown below. Ezform   1. Ezform $1,000 (distribution) × $2,100 basis + $400 contributions  $1,800 value + $1,000 distribution           =$893 (basis portion of distribution)     2. Ezform $1,000 (distribution)−$893 (basis portion of distribution)     = $107 (earnings included in distribution)   3. Ezform $107 (earnings) × $300 AQHEE  $1,000 distribution       =$32 (tax-free earnings)     4. Ezform $107 (earnings)−$32 (tax-free earnings)=$75 (taxable earnings)                 Derek must include $75 in income (Form 1040, line 21). Ezform This is the amount of distributed earnings not used for adjusted qualified higher education expenses. Ezform Coordination With Qualified Tuition Program (QTP) Distributions If a designated beneficiary receives distributions from both a Coverdell ESA and a QTP in the same year, and the total distribution is more than the beneficiary's adjusted qualified higher education expenses, those expenses must be allocated between the distribution from the Coverdell ESA and the distribution from the QTP before figuring how much of each distribution is taxable. Ezform The following two examples illustrate possible allocations. Ezform Example 1. Ezform In 2013, Beatrice graduated from high school and began her first semester of college. Ezform That year, she had $1,000 of qualified elementary and secondary education expenses (QESEE) for high school and $3,000 of qualified higher education expenses (QHEE) for college. Ezform To pay these expenses, Beatrice withdrew $800 from her Coverdell ESA and $4,200 from her QTP. Ezform No one claimed Beatrice as a dependent, nor was she eligible for an education credit. Ezform She did not receive any tax-free educational assistance in 2013. Ezform Beatrice must allocate her total qualified education expenses between the two distributions. Ezform Beatrice knows that tax-free treatment will be available if she applies her $800 Coverdell ESA distribution toward her $1,000 of qualified education expenses for high school. Ezform The qualified expenses are greater than the distribution, making the $800 Coverdell ESA distribution tax free. Ezform Next, Beatrice matches her $4,200 QTP distribution to her $3,000 of QHEE, and finds she has an excess QTP distribution of $1,200 ($4,200 QTP − $3,000 QHEE). Ezform She cannot use the extra $200 of high school expenses (from (1) above) against the QTP distribution because those expenses do not qualify a QTP for tax-free treatment. Ezform Finally, Beatrice figures the taxable and tax-free portions of her QTP distribution based on her $3,000 of QHEE. Ezform (See Figuring the Taxable Portion of a Distribution in chapter 8, Qualified Tuition Program for more information. Ezform ) Example 2. Ezform Assume the same facts as in Example 1 , except that Beatrice withdrew $1,800 from her Coverdell ESA and $3,200 from her QTP. Ezform In this case, she allocates her qualified education expenses as follows. Ezform Using the same reasoning as in Example 1, Beatrice matches $1,000 of her Coverdell ESA distribution to her $1,000 of QESEE—she has $800 of her distribution remaining. Ezform Because higher education expenses can also qualify a Coverdell ESA distribution for tax-free treatment, Beatrice allocates her $3,000 of QHEE between the remaining $800 Coverdell ESA and the $3,200 QTP distributions ($4,000 total). Ezform   $3,000 QHEE × $800 ESA distribution  $4,000 total distribution = $600 QHEE (ESA)     $3,000 QHEE × $3,200 QTP distribution  $4,000 total distribution = $2,400 QHEE (QTP)   Beatrice then figures the taxable part of her: Coverdell ESA distribution based on qualified education expenses of $1,600 ($1,000 QESEE + $600 QHEE). Ezform See Figuring the Taxable Portion of a Distribution , earlier, in this chapter. Ezform   QTP distribution based on her $2,400 of QHEE (see Figuring the Taxable Portion of a Distribution in chapter 8, Qualified Tuition Program). Ezform The above examples show two types of allocation between distributions from a Coverdell ESA and a QTP. Ezform However, you do not have to allocate your expenses in the same way. Ezform You can use any reasonable method. Ezform Losses on Coverdell ESA Investments If you have a loss on your investment in a Coverdell ESA, you may be able to deduct the loss on your income tax return. Ezform You can deduct the loss only when all amounts from that account have been distributed and the total distributions are less than your unrecovered basis. Ezform Your basis is the total amount of contributions to that Coverdell ESA. Ezform You claim the loss as a miscellaneous itemized deduction on Schedule A (Form 1040), line 23 (Schedule A (Form 1040NR), line 9), subject to the 2%-of-adjusted-gross-income limit. Ezform If you have distributions from more than one Coverdell ESA account during a year, you must combine the information (amount of distribution, basis, etc. Ezform ) from all such accounts in order to determine your taxable earnings for the year. Ezform By doing this, the loss from one ESA account reduces the distributed earnings (if any) from any other ESA account. Ezform For examples of the calculation, see Losses on QTP Investments in chapter 8, Qualified Tuition Program. Ezform Additional Tax on Taxable Distributions Generally, if you receive a taxable distribution, you also must pay a 10% additional tax on the amount included in income. Ezform Exceptions. Ezform   The 10% additional tax does not apply to distributions: Paid to a beneficiary (or to the estate of the designated beneficiary) on or after the death of the designated beneficiary. Ezform Made because the designated beneficiary is disabled. Ezform A person is considered to be disabled if he or she shows proof that he or she cannot do any substantial gainful activity because of his or her physical or mental condition. Ezform A physician must determine that his or her condition can be expected to result in death or to be of long-continued and indefinite duration. Ezform Included in income because the designated beneficiary received: A tax-free scholarship or fellowship (see Tax-Free Scholarships and Fellowships in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Veterans' educational assistance (see Veterans' Benefits in chapter 1, Scholarships, Fellowships, Grants, and Tuition Reductions), Employer-provided educational assistance (see chapter 11, Employer-Provided Educational Assistance ), or Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance. Ezform Made on account of the attendance of the designated beneficiary at a U. Ezform S. Ezform military academy (such as the USMA at West Point). Ezform This exception applies only to the extent that the amount of the distribution does not exceed the costs of advanced education (as defined in section 2005(d)(3) of title 10 of the U. Ezform S. Ezform Code) attributable to such attendance. Ezform Included in income only because the qualified education expenses were taken into account in determining the American opportunity or lifetime learning credit (see Coordination With American Opportunity and Lifetime Learning Credits , earlier). Ezform Made before June 1, 2014, of an excess 2013 contribution (and any earnings on it). Ezform The distributed earnings must be included in gross income for the year in which the excess contribution was made. Ezform Exception (3) applies only to the extent the distribution is not more than the scholarship, allowance, or payment. Ezform Figuring the additional tax. Ezform    Use Part II of Form 5329, to figure any additional tax. Ezform Report the amount on Form 1040, line 58, or Form 1040NR, line 56. Ezform When Assets Must Be Distributed Any assets remaining in a Coverdell ESA must be distributed when either one of the following two events occurs. Ezform The designated beneficiary reaches age 30. Ezform In this case, the remaining assets must be distributed within 30 days after the beneficiary reaches age 30. Ezform However, this rule does not apply if the beneficiary is a special needs beneficiary. Ezform The designated beneficiary dies before reaching age 30. Ezform In this case, the remaining assets must generally be distributed within 30 days after the date of death. Ezform Exception for Transfer to Surviving Spouse or Family Member If a Coverdell ESA is transferred to a surviving spouse or other family member as the result of the death of the designated beneficiary, the Coverdell ESA retains its status. Ezform (“Family member” was defined earlier under Rollovers . Ezform ) This means the spouse or other family member can treat the Coverdell ESA as his or her own and does not need to withdraw the assets until he or she reaches age 30. Ezform This age limitation does not apply if the new beneficiary is a special needs beneficiary. Ezform There are no tax consequences as a result of the transfer. Ezform How To Figure the Taxable Earnings When a total distribution is made because the designated beneficiary either reached age 30 or died, the earnings that accumulated tax free in the account must be included in taxable income. Ezform You determine these earnings as shown in the following two steps. Ezform Multiply the amount distributed by a fraction. Ezform The numerator is the basis (contributions not previously distributed) at the end of 2012 plus total contributions for 2013 and the denominator is the balance in the account at the end of 2013 plus the amount distributed during 2013. Ezform Subtract the amount figured in (1) from the total amount distributed during 2013. Ezform The result is the amount of earnings included in the distribution. Ezform For an example, see steps (1) and (2) of the Example under Figuring the Taxable Portion of a Distribution, earlier. Ezform The beneficiary or other person receiving the distribution must report this amount on Form 1040, line 21, or Form 1040NR, line 21, listing the type and amount of income on the dotted line. Ezform Worksheet 7-3 Instructions. Ezform Coverdell ESA—Taxable Distributions and Basis Line G. Ezform Enter the total distributions received from all Coverdell ESAs during 2013. Ezform Do not include amounts rolled over to another ESA within 60 days (only one rollover is allowed during any 12-month period). Ezform Also, do not include excess contributions that were distributed with the related earnings (or less any loss) before the first day of the sixth month of the tax year following the year for which the contributions were made. Ezform Line 2. Ezform Your basis (amount already taxed) in this Coverdell ESA as of December 31, 2012, is the total of:   •All contributions to this Coverdell ESA before 2013 •Minus the tax-free portion of any distributions from this Coverdell ESA before 2013. Ezform   If your last distribution from this Coverdell ESA was before 2013, you must start with the basis in your account as of the end of the last year in which you took a distribution. Ezform For years before 2002, you can find that amount on the last line of the worksheet in the Instructions for Form 8606, Nondeductible IRAs, that you completed for that year. Ezform For years after 2001, you can find that amount by using the ending basis from the worksheet in Publication 970 for that year. Ezform You can determine your basis in this Coverdell ESA as of December 31, 2012, by adding to the basis as of the end of that year any contributions made to that account after the year of the distribution and before 2013. Ezform Line 4. Ezform Enter the total distributions received from this Coverdell ESA in 2013. Ezform Do not include amounts rolled over to another Coverdell ESA within 60 days (only one rollover is allowed during any 12-month period). Ezform   Also, do not include excess contributions that were distributed with the related earnings (or less any loss) before the first day of the sixth month of the tax year following the year of the contributions. Ezform Line 7. Ezform Enter the total value of this Coverdell ESA as of December 31, 2013, plus any outstanding rollovers contributed to the account after 2012, but before the end of the 60-day rollover period. Ezform A statement should be sent to you by January 31, 2014, for this Coverdell ESA showing the value on December 31, 2013. Ezform   A rollover is a tax-free withdrawal from one Coverdell ESA that is contributed to another Coverdell ESA. Ezform An outstanding rollover is any amount withdrawn within 60 days before the end of 2013 (November 2 through December 31) that was rolled over after December 31, 2013, but within the 60-day rollover period. Ezform Worksheet 7-3. Ezform Coverdell ESA—Taxable Distributions and Basis How to complete this worksheet. Ezform • • • Complete Part I, lines A through H, on only one worksheet. Ezform  Complete a separate Part II, lines 1 through 15, for each of your Coverdell ESAs. Ezform  Complete Part III, the Summary (line 16), on only one worksheet. Ezform Part I. Ezform Qualified Education Expenses (Complete for total expenses)       A. Ezform Enter your total qualified education expenses for 2013   A. Ezform   B. Ezform Enter those qualified education expenses paid for with tax-free educational assistance (for example, tax-free scholarships, veterans' educational benefits, Pell grants, employer-provided educational assistance)   B. Ezform         C. Ezform Enter those qualified higher education expenses deducted on Schedule C or C-EZ (Form 1040). Ezform Schedule F (Form 1040), or as a miscellaneous itemized deduction on Schedule A (Form 1040 or 1040NR)   C. Ezform         D. Ezform Enter those qualified higher education expenses on which  an American opportunity or lifetime learning credit was based   D. Ezform         E. Ezform Add lines B, C, and D   D. Ezform   F. Ezform Subtract line E from line A. Ezform This is your adjusted qualified education expense for 2013   E. Ezform   G. Ezform Enter your total distributions from all Coverdell ESAs during 2013. Ezform Do not include rollovers  or the return of excess contributions (see instructions)   F. Ezform   H. Ezform Divide line F by line G. Ezform Enter the result as a decimal (rounded to at least 3 places). Ezform If the  result is 1. Ezform 000 or more, enter 1. Ezform 000   G. Ezform . Ezform Part II. Ezform Taxable Distributions and Basis (Complete separately for each account) 1. Ezform Enter the amount contributed to this Coverdell ESA for 2013, including contributions made for 2013 from January 1, 2014, through April 15, 2014. Ezform Do not include rollovers or the return of excess contributions   1. Ezform   2. Ezform Enter your basis in this Coverdell ESA as of December 31, 2012 (see instructions)   2. Ezform   3. Ezform Add lines 1 and 2   3. Ezform   4. Ezform Enter the total distributions from this Coverdell ESA during 2013. Ezform Do not include rollovers  or the return of excess contributions (see instructions)   4. Ezform   5. Ezform Multiply line 4 by line H. Ezform This is the amount of adjusted qualified  education expense attributable to this Coverdell ESA   5. Ezform         6. Ezform Subtract line 5 from line 4   6. Ezform         7. Ezform Enter the total value of this Coverdell ESA as of December 31, 2013,  plus any outstanding rollovers (see instructions)   7. Ezform         8. Ezform Add lines 4 and 7   8. Ezform         9. Ezform Divide line 3 by line 8. Ezform Enter the result as a decimal (rounded to  at least 3 places). Ezform If the result is 1. Ezform 000 or more, enter 1. Ezform 000   9. Ezform . Ezform       10. Ezform Multiply line 4 by line 9. Ezform This is the amount of basis allocated to your  distributions, and is tax free   10. Ezform     Note. Ezform If line 6 is zero, skip lines 11 through 13, enter -0- on line 14, and go to line 15. Ezform       11. Ezform Subtract line 10 from line 4   11. Ezform   12. Ezform Divide line 5 by line 4. Ezform Enter the result as a decimal (rounded to  at least 3 places). Ezform If the result is 1. Ezform 000 or more, enter 1. Ezform 000   12. Ezform . Ezform       13. Ezform Multiply line 11 by line 12. Ezform This is the amount of qualified education  expenses allocated to your distributions, and is tax free   13. Ezform   14. Ezform Subtract line 13 from line 11. Ezform This is the portion of the distributions from this  Coverdell ESA in 2013 that you must include in income   14. Ezform   15. Ezform Subtract line 10 from line 3. Ezform This is your basis in this Coverdell ESA as of December 31, 2013   15. Ezform   Part III. Ezform Summary (Complete only once)       16. Ezform Taxable amount. Ezform Add together all amounts on line 14 for all your Coverdell ESAs. Ezform Enter here  and include on Form 1040, line 21, or Form 1040NR, line 21, listing the type and amount of income on the dotted line   16. Ezform   Prev  Up  Next   Home   More Online Publications

The Ezform

Ezform Publication 901 - Additional Material Table of Contents How To Get Tax HelpLow Income Taxpayer Clinics (LITCs). Ezform How To Get Tax Help You can get help with unresolved tax issues, order free publications and forms, ask tax questions, and get information from the IRS in several ways. Ezform By selecting the method that is best for you, you will have quick and easy access to tax help. Ezform Free help with your tax return. Ezform   Free help in preparing your return is available nationwide from IRS-certified volunteers. Ezform The Volunteer Income Tax Assistance (VITA) program is designed to help low-moderate income, elderly, disabled, and limited English proficient taxpayers. Ezform The Tax Counseling for the Elderly (TCE) program is designed to assist taxpayers age 60 and older with their tax returns. Ezform Most VITA and TCE sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. Ezform Some VITA and TCE sites provide taxpayers the opportunity to prepare their return with the assistance of an IRS-certified volunteer. Ezform To find the nearest VITA or TCE site, visit IRS. Ezform gov or call 1-800-906-9887 or 1-800-829-1040. Ezform   As part of the TCE program, AARP offers the Tax-Aide counseling program. Ezform To find the nearest AARP Tax-Aide site, visit AARP's website at www. Ezform aarp. Ezform org/money/taxaide or call 1-888-227-7669. Ezform   For more information on these programs, go to IRS. Ezform gov and enter “VITA” in the search box. Ezform Internet. Ezform You can access the IRS website at IRS. Ezform gov 24 hours a day, 7 days a week to: E-file your return. Ezform Find out about commercial tax preparation and e-file services available free to eligible taxpayers. Ezform Check the status of your 2012 refund. Ezform Go to IRS. Ezform gov and click on Where’s My Refund. Ezform Information about your return will generally be available within 24 hours after the IRS receives your e-filed return, or 4 weeks after you mail your paper return. Ezform If you filed Form 8379 with your return, wait 14 weeks (11 weeks if you filed electronically). Ezform Have your 2012 tax return handy so you can provide your social security number, your filing status, and the exact whole dollar amount of your refund. Ezform Where's My Refund? has a new look this year! The tool will include a tracker that displays progress through three stages: (1) return received, (2) refund approved, and (3) refund sent. Ezform Where's My Refund? will provide an actual personalized refund date as soon as the IRS processes your tax return and approves your refund. Ezform So in a change from previous filing seasons, you won't get an estimated refund date right away. Ezform Where's My Refund? includes information for the most recent return filed in the current year and does not include information about amended returns. Ezform You can obtain a free transcript online at IRS. Ezform gov by clicking on Order a Return or Account Transcript under “Tools. Ezform ” For a transcript by phone, call 1-800-908-9946 and follow the prompts in the recorded message. Ezform You will be prompted to provide your SSN or Individual Taxpayer Identification Number (ITIN), date of birth, street address and ZIP code. Ezform Download forms, including talking tax forms, instructions, and publications. Ezform Order IRS products. Ezform Research your tax questions. Ezform Search publications by topic or keyword. Ezform Use the Internal Revenue Code, regulations, or other official guidance. Ezform View Internal Revenue Bulletins (IRBs) published in the last few years. Ezform Figure your withholding allowances using the IRS Withholding Calculator at www. Ezform irs. Ezform gov/individuals. Ezform Determine if Form 6251 (Alternative Minimum Tax— Individuals), must be filed by using our Alternative Minimum Tax (AMT) Assistant available at IRS. Ezform gov by typing Alternative Minimum Tax Assistant in the search box. Ezform Sign up to receive local and national tax news by email. Ezform Get information on starting and operating a small business. Ezform Phone. Ezform Many services are available by phone. Ezform   Ordering forms, instructions, and publications. Ezform Call 1-800-TAX-FORM (1-800-829-3676) to order current-year forms, instructions, and publications, and prior-year forms and instructions (limited to 5 years). Ezform You should receive your order within 10 days. Ezform Asking tax questions. Ezform Call the IRS with your tax questions at 1-800-829-1040. Ezform Solving problems. Ezform You can get face-to-face help solving tax problems most business days in IRS Taxpayer Assistance Centers (TAC). Ezform An employee can explain IRS letters, request adjustments to your account, or help you set up a payment plan. Ezform Call your local Taxpayer Assistance Center for an appointment. Ezform To find the number, go to www. Ezform irs. Ezform gov/localcontacts or look in the phone book under United States Government, Internal Revenue Service. Ezform TTY/TDD equipment. Ezform If you have access to TTY/TDD equipment, call 1-800-829-4059 to ask tax questions or to order forms and publications. Ezform The TTY/TDD telephone number is for individuals who are deaf, hard of hearing, or have a speech disability. Ezform These individuals can also access the IRS through relay services such as the Federal Relay Service at www. Ezform gsa. Ezform gov/fedrelay. Ezform TeleTax topics. Ezform Call 1-800-829-4477 to listen to pre-recorded messages covering various tax topics. Ezform Checking the status of your 2012 refund. Ezform To check the status of your 2012 refund, call 1-800-829-1954 or 1-800-829-4477 (automated Where's My Refund? information 24 hours a day, 7 days a week). Ezform Information about your return will generally be available within 24 hours after the IRS receives your e-filed return, or 4 weeks after you mail your paper return. Ezform If you filed Form 8379 with your return, wait 14 weeks (11 weeks if you filed electronically). Ezform Have your 2012 tax return handy so you can provide your social security number, your filing status, and the exact whole dollar amount of your refund. Ezform Where's My Refund? will provide an actual personalized refund date as soon as the IRS processes your tax return and approves your refund. Ezform Where's My Refund? includes information for the most recent return filed in the current year and does not include information about amended returns. Ezform Evaluating the quality of our telephone services. Ezform To ensure IRS representatives give accurate, courteous, and professional answers, we use several methods to evaluate the quality of our telephone services. Ezform One method is for a second IRS representative to listen in on or record random telephone calls. Ezform Another is to ask some callers to complete a short survey at the end of the call. Ezform Walk-in. Ezform Some products and services are available on a walk-in basis. Ezform   Products. Ezform You can walk in to some post offices, libraries, and IRS offices to pick up certain forms, instructions, and publications. Ezform Some IRS offices, libraries, and city and county government offices have a collection of products available to photocopy from reproducible proofs. Ezform Also, some IRS offices and libraries have the Internal Revenue Code, regulations, Internal Revenue Bulletins, and Cumulative Bulletins available for research purposes. Ezform Services. Ezform You can walk in to your local TAC most business days for personal, face-to-face tax help. Ezform An employee can explain IRS letters, request adjustments to your tax account, or help you set up a payment plan. Ezform If you need to resolve a tax problem, have questions about how the tax law applies to your individual tax return, or you are more comfortable talking with someone in person, visit your local TAC where you can talk with an IRS representative face-to-face. Ezform No appointment is necessary—just walk in. Ezform Before visiting, check www. Ezform irs. Ezform gov/localcontacts for hours of operation and services provided. Ezform If you have an ongoing, complex tax account problem or a special need, such as a disability, an appointment can be requested by calling your local TAC. Ezform You can leave a message and a representative will call you back within 2 business days. Ezform All other issues will be handled without an appointment. Ezform To call your local TAC, go to  www. Ezform irs. Ezform gov/localcontacts or look in the phone book under United States Government, Internal Revenue Service. Ezform Mail. Ezform You can send your order for forms, instructions, and publications to the address below. Ezform You should receive a response within 10 days after your request is received. Ezform  Internal Revenue Service 1201 N. Ezform Mitsubishi Motorway Bloomington, IL 61705-6613 Taxpayer Advocate Service. Ezform   The Taxpayer Advocate Service (TAS) is your voice at the IRS. Ezform Its job is to ensure that every taxpayer is treated fairly, and that you know and understand your rights. Ezform TAS offers free help to guide you through the often-confusing process of resolving tax problems that you haven’t been able to solve on your own. Ezform Remember, the worst thing you can do is nothing at all. Ezform   TAS can help if you can’t resolve your problem with the IRS and: Your problem is causing financial difficulties for you, your family, or your business. Ezform You face (or your business is facing) an immediate threat of adverse action. Ezform You have tried repeatedly to contact the IRS but no one has responded, or the IRS has not responded to you by the date promised. Ezform   If you qualify for help, they will do everything they can to get your problem resolved. Ezform You will be assigned to one advocate who will be with you at every turn. Ezform TAS has offices in every state, the District of Columbia, and Puerto Rico. Ezform Although TAS is independent within the IRS, their advocates know how to work with the IRS to get your problems resolved. Ezform And its services are always free. Ezform   As a taxpayer, you have rights that the IRS must abide by in its dealings with you. Ezform The TAS tax toolkit at www. Ezform TaxpayerAdvocate. Ezform irs. Ezform gov can help you understand these rights. Ezform   If you think TAS might be able to help you, call your local advocate, whose number is in your phone book and on our website at www. Ezform irs. Ezform gov/advocate. Ezform You can also call the toll-free number at 1-877-777-4778. Ezform Deaf and hard of hearing individuals who have access to TTY/TDD equipment can call 1-800-829-4059. Ezform These individuals can also access the IRS through relay services such as the Federal Relay Service at www. Ezform gsa. Ezform gov/fedrelay. Ezform   TAS also handles large-scale or systemic problems that affect many taxpayers. Ezform If you know of one of these broad issues, please report it through the Systemic Advocacy Management System at www. Ezform irs. Ezform gov/advocate. Ezform Low Income Taxpayer Clinics (LITCs). Ezform   Low Income Taxpayer Clinics (LITCs) are independent from the IRS. Ezform Some clinics serve individuals whose income is below a certain level and who need to resolve a tax problem. Ezform These clinics provide professional representation before the IRS or in court on audits, appeals, tax collection disputes, and other issues for free or for a small fee. Ezform Some clinics can provide information about taxpayer rights and responsibilities in many different languages for individuals who speak English as a second language. Ezform For more information and to find a clinic near you, see the LITC page on www. Ezform irs. Ezform gov/advocate or IRS Publication 4134, Low Income Taxpayer Clinic List. Ezform This publication is also available by calling 1-800-TAX-FORM (1-800-829-3676) or at your local IRS office. Ezform Free tax services. Ezform   Publication 910, IRS Guide to Free Tax Services, is your guide to IRS services and resources. Ezform Learn about free tax information from the IRS, including publications, services, and education and assistance programs. Ezform The publication also has an index of over 100 TeleTax topics (recorded tax information) you can listen to on the telephone. Ezform The majority of the information and services listed in this publication are available to you free of charge. Ezform If there is a fee associated with a resource or service, it is listed in the publication. Ezform   Accessible versions of IRS published products are available on request in a variety of alternative formats for people with disabilities. Ezform DVD for tax products. Ezform You can order Publication 1796, IRS Tax Products DVD, and obtain: Current-year forms, instructions, and publications. Ezform Prior-year forms, instructions, and publications. Ezform Tax Map: an electronic research tool and finding aid. Ezform Tax law frequently asked questions. Ezform Tax Topics from the IRS telephone response system. Ezform Internal Revenue Code—Title 26 of the U. Ezform S. Ezform Code. Ezform Links to other Internet-based tax research materials. Ezform Fill-in, print, and save features for most tax forms. Ezform Internal Revenue Bulletins. Ezform Toll-free and email technical support. Ezform Two releases during the year. Ezform  – The first release will ship the beginning of January 2013. Ezform  – The final release will ship the beginning of March 2013. Ezform Purchase the DVD from National Technical Information Service (NTIS) at www. Ezform irs. Ezform gov/cdorders for $30 (no handling fee) or call 1-877-233-6767 toll free to buy the DVD for $30 (plus a $6 handling fee). Ezform Prev  Up  Next   Home   More Online Publications