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File 2009 Taxes Free

File 2009 taxes free 1. File 2009 taxes free   Traditional IRAs Table of Contents What's New for 2013 What's New for 2014 Introduction Who Can Open a Traditional IRA?What Is Compensation? When Can a Traditional IRA Be Opened? How Can a Traditional IRA Be Opened?Individual Retirement Account Individual Retirement Annuity Individual Retirement Bonds Simplified Employee Pension (SEP) Employer and Employee Association Trust Accounts Required Disclosures How Much Can Be Contributed?Limit. File 2009 taxes free When repayment contributions can be made. File 2009 taxes free No deduction. File 2009 taxes free Reserve component. File 2009 taxes free Figuring your IRA deduction. File 2009 taxes free Reporting the repayment. File 2009 taxes free Example. File 2009 taxes free General Limit Kay Bailey Hutchison Spousal IRA Limit Filing Status Less Than Maximum Contributions More Than Maximum Contributions When Can Contributions Be Made? How Much Can You Deduct?Kay Bailey Hutchison Spousal IRA. File 2009 taxes free Are You Covered by an Employer Plan? Limit if Covered by Employer Plan Reporting Deductible Contributions Nondeductible Contributions Examples — Worksheet for Reduced IRA Deduction for 2013 What if You Inherit an IRA?Treating it as your own. File 2009 taxes free Can You Move Retirement Plan Assets?Transfers to Roth IRAs from other retirement plans. File 2009 taxes free Trustee-to-Trustee Transfer Rollovers Transfers Incident To Divorce Converting From Any Traditional IRA Into a Roth IRA Recharacterizations When Can You Withdraw or Use Assets?Contributions Returned Before Due Date of Return When Must You Withdraw Assets? (Required Minimum Distributions)IRA Owners IRA Beneficiaries Which Table Do You Use To Determine Your Required Minimum Distribution? What Age(s) Do You Use With the Table(s)? Miscellaneous Rules for Required Minimum Distributions Are Distributions Taxable?January 2013 QCDs treated as made in 2012. File 2009 taxes free 2013 Reporting. File 2009 taxes free Additional reporting requirements if you made the election to treat a January 2013 QCD as made in 2012. File 2009 taxes free One-time transfer. File 2009 taxes free Testing period rules apply. File 2009 taxes free More information. File 2009 taxes free Distributions Fully or Partly Taxable Figuring the Nontaxable and Taxable Amounts Recognizing Losses on Traditional IRA Investments Other Special IRA Distribution Situations Reporting and Withholding Requirements for Taxable Amounts What Acts Result in Penalties or Additional Taxes?Prohibited Transactions Investment in Collectibles Excess Contributions Early Distributions Excess Accumulations (Insufficient Distributions) Reporting Additional Taxes What's New for 2013 Traditional IRA contribution and deduction limit. File 2009 taxes free  The contribution limit to your traditional IRA for 2013 will be increased to the smaller of the following amounts: $5,500, or Your taxable compensation for the year. File 2009 taxes free If you were age 50 or older before 2014, the most that can be contributed to your traditional IRA for 2013 will be the smaller of the following amounts: $6,500, or Your taxable compensation for the year. File 2009 taxes free For more information, see How Much Can Be Contributed? in this chapter. File 2009 taxes free Modified AGI limit for traditional IRA contributions increased. File 2009 taxes free  For 2013, if you were covered by a retirement plan at work, your deduction for contributions to a traditional IRA is reduced (phased out) if your modified AGI is: More than $95,000 but less than $115,000 for a married couple filing a joint return or a qualifying widow(er), More than $59,000 but less than $69,000 for a single individual or head of household, or Less than $10,000 for a married individual filing a separate return. File 2009 taxes free If you either lived with your spouse or file a joint return, and your spouse was covered by a retirement plan at work, but you were not, your deduction is phased out if your modified AGI is more than $178,000 but less than $188,000. File 2009 taxes free If your modified AGI is $188,000 or more, you cannot take a deduction for contributions to a traditional IRA. File 2009 taxes free See How Much Can You Deduct? in this chapter. File 2009 taxes free Net Investment Income Tax. File 2009 taxes free  For purposes of the Net Investment Income Tax (NIIT), net investment income does not include distributions from a qualified retirement plan (for example, 401(a), 403(a), 403(b), 457(b) plans, and IRAs). File 2009 taxes free However, these distributions are taken into account when determining the modified adjusted gross income threshold. File 2009 taxes free Distributions from a nonqualified retirement plan are included in net investment income. File 2009 taxes free See Form 8960, Net Investment Income Tax—Individuals, Estates, and Trusts, and its instructions for more information. File 2009 taxes free What's New for 2014 Modified AGI limit for traditional IRA contributions increased. File 2009 taxes free  For 2014, if you are covered by a retirement plan at work, your deduction for contributions to a traditional IRA is reduced (phased out) if your modified AGI is: More than $96,000 but less than $116,000 for a married couple filing a joint return or a qualifying widow(er), More than $60,000 but less than $70,000 for a single individual or head of household, or Less than $10,000 for a married individual filing a separate return. File 2009 taxes free If you either live with your spouse or file a joint return, and your spouse is covered by a retirement plan at work, but you are not, your deduction is phased out if your modified AGI is more than $181,000 but less than $191,000. File 2009 taxes free If your modified AGI is $191,000 or more, you cannot take a deduction for contributions to a traditional IRA. File 2009 taxes free Introduction This chapter discusses the original IRA. File 2009 taxes free In this publication the original IRA (sometimes called an ordinary or regular IRA) is referred to as a “traditional IRA. File 2009 taxes free ” A traditional IRA is any IRA that is not a Roth IRA or a SIMPLE IRA. File 2009 taxes free The following are two advantages of a traditional IRA: You may be able to deduct some or all of your contributions to it, depending on your circumstances. File 2009 taxes free Generally, amounts in your IRA, including earnings and gains, are not taxed until they are distributed. File 2009 taxes free Who Can Open a Traditional IRA? You can open and make contributions to a traditional IRA if: You (or, if you file a joint return, your spouse) received taxable compensation during the year, and You were not age 70½ by the end of the year. File 2009 taxes free You can have a traditional IRA whether or not you are covered by any other retirement plan. File 2009 taxes free However, you may not be able to deduct all of your contributions if you or your spouse is covered by an employer retirement plan. File 2009 taxes free See How Much Can You Deduct , later. File 2009 taxes free Both spouses have compensation. File 2009 taxes free   If both you and your spouse have compensation and are under age 70½, each of you can open an IRA. File 2009 taxes free You cannot both participate in the same IRA. File 2009 taxes free If you file a joint return, only one of you needs to have compensation. File 2009 taxes free What Is Compensation? Generally, compensation is what you earn from working. File 2009 taxes free For a summary of what compensation does and does not include, see Table 1-1. File 2009 taxes free Compensation includes all of the items discussed next (even if you have more than one type). File 2009 taxes free Wages, salaries, etc. File 2009 taxes free   Wages, salaries, tips, professional fees, bonuses, and other amounts you receive for providing personal services are compensation. File 2009 taxes free The IRS treats as compensation any amount properly shown in box 1 (Wages, tips, other compensation) of Form W-2, Wage and Tax Statement, provided that amount is reduced by any amount properly shown in box 11 (Nonqualified plans). File 2009 taxes free Scholarship and fellowship payments are compensation for IRA purposes only if shown in box 1 of Form W-2. File 2009 taxes free Commissions. File 2009 taxes free   An amount you receive that is a percentage of profits or sales price is compensation. File 2009 taxes free Self-employment income. File 2009 taxes free   If you are self-employed (a sole proprietor or a partner), compensation is the net earnings from your trade or business (provided your personal services are a material income-producing factor) reduced by the total of: The deduction for contributions made on your behalf to retirement plans, and The deduction allowed for the deductible part of your self-employment taxes. File 2009 taxes free   Compensation includes earnings from self-employment even if they are not subject to self-employment tax because of your religious beliefs. File 2009 taxes free Self-employment loss. File 2009 taxes free   If you have a net loss from self-employment, do not subtract the loss from your salaries or wages when figuring your total compensation. File 2009 taxes free Alimony and separate maintenance. File 2009 taxes free   For IRA purposes, compensation includes any taxable alimony and separate maintenance payments you receive under a decree of divorce or separate maintenance. File 2009 taxes free Nontaxable combat pay. File 2009 taxes free   If you were a member of the U. File 2009 taxes free S. File 2009 taxes free Armed Forces, compensation includes any nontaxable combat pay you received. File 2009 taxes free This amount should be reported in box 12 of your 2013 Form W-2 with code Q. File 2009 taxes free Table 1-1. File 2009 taxes free Compensation for Purposes of an IRA Includes . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free Does not include . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free   earnings and profits from property. File 2009 taxes free wages, salaries, etc. File 2009 taxes free     interest and dividend income. File 2009 taxes free commissions. File 2009 taxes free     pension or annuity income. File 2009 taxes free self-employment income. File 2009 taxes free     deferred compensation. File 2009 taxes free alimony and separate maintenance. File 2009 taxes free     income from certain  partnerships. File 2009 taxes free nontaxable combat pay. File 2009 taxes free     any amounts you exclude from income. File 2009 taxes free     What Is Not Compensation? Compensation does not include any of the following items. File 2009 taxes free Earnings and profits from property, such as rental income, interest income, and dividend income. File 2009 taxes free Pension or annuity income. File 2009 taxes free Deferred compensation received (compensation payments postponed from a past year). File 2009 taxes free Income from a partnership for which you do not provide services that are a material income-producing factor. File 2009 taxes free Conservation Reserve Program (CRP) payments reported on Schedule SE (Form 1040), line 1b. File 2009 taxes free Any amounts (other than combat pay) you exclude from income, such as foreign earned income and housing costs. File 2009 taxes free When Can a Traditional IRA Be Opened? You can open a traditional IRA at any time. File 2009 taxes free However, the time for making contributions for any year is limited. File 2009 taxes free See When Can Contributions Be Made , later. File 2009 taxes free How Can a Traditional IRA Be Opened? You can open different kinds of IRAs with a variety of organizations. File 2009 taxes free You can open an IRA at a bank or other financial institution or with a mutual fund or life insurance company. File 2009 taxes free You can also open an IRA through your stockbroker. File 2009 taxes free Any IRA must meet Internal Revenue Code requirements. File 2009 taxes free The requirements for the various arrangements are discussed below. File 2009 taxes free Kinds of traditional IRAs. File 2009 taxes free   Your traditional IRA can be an individual retirement account or annuity. File 2009 taxes free It can be part of either a simplified employee pension (SEP) or an employer or employee association trust account. File 2009 taxes free Individual Retirement Account An individual retirement account is a trust or custodial account set up in the United States for the exclusive benefit of you or your beneficiaries. File 2009 taxes free The account is created by a written document. File 2009 taxes free The document must show that the account meets all of the following requirements. File 2009 taxes free The trustee or custodian must be a bank, a federally insured credit union, a savings and loan association, or an entity approved by the IRS to act as trustee or custodian. File 2009 taxes free The trustee or custodian generally cannot accept contributions of more than the deductible amount for the year. File 2009 taxes free However, rollover contributions and employer contributions to a simplified employee pension (SEP) can be more than this amount. File 2009 taxes free Contributions, except for rollover contributions, must be in cash. File 2009 taxes free See Rollovers , later. File 2009 taxes free You must have a nonforfeitable right to the amount at all times. File 2009 taxes free Money in your account cannot be used to buy a life insurance policy. File 2009 taxes free Assets in your account cannot be combined with other property, except in a common trust fund or common investment fund. File 2009 taxes free You must start receiving distributions by April 1 of the year following the year in which you reach age 70½. File 2009 taxes free See When Must You Withdraw Assets? (Required Minimum Distributions) , later. File 2009 taxes free Individual Retirement Annuity You can open an individual retirement annuity by purchasing an annuity contract or an endowment contract from a life insurance company. File 2009 taxes free An individual retirement annuity must be issued in your name as the owner, and either you or your beneficiaries who survive you are the only ones who can receive the benefits or payments. File 2009 taxes free An individual retirement annuity must meet all the following requirements. File 2009 taxes free Your entire interest in the contract must be nonforfeitable. File 2009 taxes free The contract must provide that you cannot transfer any portion of it to any person other than the issuer. File 2009 taxes free There must be flexible premiums so that if your compensation changes, your payment can also change. File 2009 taxes free This provision applies to contracts issued after November 6, 1978. File 2009 taxes free The contract must provide that contributions cannot be more than the deductible amount for an IRA for the year, and that you must use any refunded premiums to pay for future premiums or to buy more benefits before the end of the calendar year after the year in which you receive the refund. File 2009 taxes free Distributions must begin by April 1 of the year following the year in which you reach age 70½. File 2009 taxes free See When Must You Withdraw Assets? (Required Minimum Distributions) , later. File 2009 taxes free Individual Retirement Bonds The sale of individual retirement bonds issued by the federal government was suspended after April 30, 1982. File 2009 taxes free The bonds have the following features. File 2009 taxes free They stop earning interest when you reach age 70½. File 2009 taxes free If you die, interest will stop 5 years after your death, or on the date you would have reached age 70½, whichever is earlier. File 2009 taxes free You cannot transfer the bonds. File 2009 taxes free If you cash (redeem) the bonds before the year in which you reach age 59½, you may be subject to a 10% additional tax. File 2009 taxes free See Age 59½ Rule under Early Distributions, later. File 2009 taxes free You can roll over redemption proceeds into IRAs. File 2009 taxes free Simplified Employee Pension (SEP) A simplified employee pension (SEP) is a written arrangement that allows your employer to make deductible contributions to a traditional IRA (a SEP IRA) set up for you to receive such contributions. File 2009 taxes free Generally, distributions from SEP IRAs are subject to the withdrawal and tax rules that apply to traditional IRAs. File 2009 taxes free See Publication 560 for more information about SEPs. File 2009 taxes free Employer and Employee Association Trust Accounts Your employer or your labor union or other employee association can set up a trust to provide individual retirement accounts for employees or members. File 2009 taxes free The requirements for individual retirement accounts apply to these traditional IRAs. File 2009 taxes free Required Disclosures The trustee or issuer (sometimes called the sponsor) of your traditional IRA generally must give you a disclosure statement at least 7 days before you open your IRA. File 2009 taxes free However, the sponsor does not have to give you the statement until the date you open (or purchase, if earlier) your IRA, provided you are given at least 7 days from that date to revoke the IRA. File 2009 taxes free The disclosure statement must explain certain items in plain language. File 2009 taxes free For example, the statement should explain when and how you can revoke the IRA, and include the name, address, and telephone number of the person to receive the notice of cancellation. File 2009 taxes free This explanation must appear at the beginning of the disclosure statement. File 2009 taxes free If you revoke your IRA within the revocation period, the sponsor must return to you the entire amount you paid. File 2009 taxes free The sponsor must report on the appropriate IRS forms both your contribution to the IRA (unless it was made by a trustee-to-trustee transfer) and the amount returned to you. File 2009 taxes free These requirements apply to all sponsors. File 2009 taxes free How Much Can Be Contributed? There are limits and other rules that affect the amount that can be contributed to a traditional IRA. File 2009 taxes free These limits and rules are explained below. File 2009 taxes free Community property laws. File 2009 taxes free   Except as discussed later under Kay Bailey Hutchison Spousal IRA Limit , each spouse figures his or her limit separately, using his or her own compensation. File 2009 taxes free This is the rule even in states with community property laws. File 2009 taxes free Brokers' commissions. File 2009 taxes free   Brokers' commissions paid in connection with your traditional IRA are subject to the contribution limit. File 2009 taxes free For information about whether you can deduct brokers' commissions, see Brokers' commissions , later, under How Much Can You Deduct. File 2009 taxes free Trustees' fees. File 2009 taxes free   Trustees' administrative fees are not subject to the contribution limit. File 2009 taxes free For information about whether you can deduct trustees' fees, see Trustees' fees , later, under How Much Can You Deduct. File 2009 taxes free Qualified reservist repayments. File 2009 taxes free   If you were a member of a reserve component and you were ordered or called to active duty after September 11, 2001, you may be able to contribute (repay) to an IRA amounts equal to any qualified reservist distributions (defined later under Early Distributions) you received. File 2009 taxes free You can make these repayment contributions even if they would cause your total contributions to the IRA to be more than the general limit on contributions. File 2009 taxes free To be eligible to make these repayment contributions, you must have received a qualified reservist distribution from an IRA or from a section 401(k) or 403(b) plan or a similar arrangement. File 2009 taxes free Limit. File 2009 taxes free   Your qualified reservist repayments cannot be more than your qualified reservist distributions, explained under Early Distributions , later. File 2009 taxes free When repayment contributions can be made. File 2009 taxes free   You cannot make these repayment contributions later than the date that is 2 years after your active duty period ends. File 2009 taxes free No deduction. File 2009 taxes free   You cannot deduct qualified reservist repayments. File 2009 taxes free Reserve component. File 2009 taxes free   The term “reserve component” means the: Army National Guard of the United States, Army Reserve, Naval Reserve, Marine Corps Reserve, Air National Guard of the United States, Air Force Reserve, Coast Guard Reserve, or Reserve Corps of the Public Health Service. File 2009 taxes free Figuring your IRA deduction. File 2009 taxes free   The repayment of qualified reservist distributions does not affect the amount you can deduct as an IRA contribution. File 2009 taxes free Reporting the repayment. File 2009 taxes free   If you repay a qualified reservist distribution, include the amount of the repayment with nondeductible contributions on line 1 of Form 8606. File 2009 taxes free Example. File 2009 taxes free   In 2013, your IRA contribution limit is $5,500. File 2009 taxes free However, because of your filing status and AGI, the limit on the amount you can deduct is $3,500. File 2009 taxes free You can make a nondeductible contribution of $2,000 ($5,500 - $3,500). File 2009 taxes free In an earlier year you received a $3,000 qualified reservist distribution, which you would like to repay this year. File 2009 taxes free   For 2013, you can contribute a total of $8,500 to your IRA. File 2009 taxes free This is made up of the maximum deductible contribution of $3,500; a nondeductible contribution of $2,000; and a $3,000 qualified reservist repayment. File 2009 taxes free You contribute the maximum allowable for the year. File 2009 taxes free Since you are making a nondeductible contribution ($2,000) and a qualified reservist repayment ($3,000), you must file Form 8606 with your return and include $5,000 ($2,000 + $3,000) on line 1 of Form 8606. File 2009 taxes free The qualified reservist repayment is not deductible. File 2009 taxes free Contributions on your behalf to a traditional IRA reduce your limit for contributions to a Roth IRA. File 2009 taxes free See chapter 2 for information about Roth IRAs. File 2009 taxes free General Limit For 2013, the most that can be contributed to your traditional IRA generally is the smaller of the following amounts: $5,500 ($6,500 if you are age 50 or older), or Your taxable compensation (defined earlier) for the year. File 2009 taxes free Note. File 2009 taxes free This limit is reduced by any contributions to a section 501(c)(18) plan (generally, a pension plan created before June 25, 1959, that is funded entirely by employee contributions). File 2009 taxes free This is the most that can be contributed regardless of whether the contributions are to one or more traditional IRAs or whether all or part of the contributions are nondeductible. File 2009 taxes free (See Nondeductible Contributions , later. File 2009 taxes free ) Qualified reservist repayments do not affect this limit. File 2009 taxes free Examples. File 2009 taxes free George, who is 34 years old and single, earns $24,000 in 2013. File 2009 taxes free His IRA contributions for 2013 are limited to $5,500. File 2009 taxes free Danny, an unmarried college student working part time, earns $3,500 in 2013. File 2009 taxes free His IRA contributions for 2013 are limited to $3,500, the amount of his compensation. File 2009 taxes free More than one IRA. File 2009 taxes free   If you have more than one IRA, the limit applies to the total contributions made on your behalf to all your traditional IRAs for the year. File 2009 taxes free Annuity or endowment contracts. File 2009 taxes free   If you invest in an annuity or endowment contract under an individual retirement annuity, no more than $5,500 ($6,500 if you are age 50 or older) can be contributed toward its cost for the tax year, including the cost of life insurance coverage. File 2009 taxes free If more than this amount is contributed, the annuity or endowment contract is disqualified. File 2009 taxes free Kay Bailey Hutchison Spousal IRA Limit For 2013, if you file a joint return and your taxable compensation is less than that of your spouse, the most that can be contributed for the year to your IRA is the smaller of the following two amounts: $5,500 ($6,500 if you are age 50 or older), or The total compensation includible in the gross income of both you and your spouse for the year, reduced by the following two amounts. File 2009 taxes free Your spouse's IRA contribution for the year to a traditional IRA. File 2009 taxes free Any contributions for the year to a Roth IRA on behalf of your spouse. File 2009 taxes free This means that the total combined contributions that can be made for the year to your IRA and your spouse's IRA can be as much as $11,000 ($12,000 if only one of you is age 50 or older or $13,000 if both of you are age 50 or older). File 2009 taxes free Note. File 2009 taxes free This traditional IRA limit is reduced by any contributions to a section 501(c)(18) plan (generally, a pension plan created before June 25, 1959, that is funded entirely by employee contributions). File 2009 taxes free Example. File 2009 taxes free Kristin, a full-time student with no taxable compensation, marries Carl during the year. File 2009 taxes free Neither of them was age 50 by the end of 2013. File 2009 taxes free For the year, Carl has taxable compensation of $30,000. File 2009 taxes free He plans to contribute (and deduct) $5,500 to a traditional IRA. File 2009 taxes free If he and Kristin file a joint return, each can contribute $5,500 to a traditional IRA. File 2009 taxes free This is because Kristin, who has no compensation, can add Carl's compensation, reduced by the amount of his IRA contribution ($30,000 − $5,500 = $24,500), to her own compensation (-0-) to figure her maximum contribution to a traditional IRA. File 2009 taxes free In her case, $5,500 is her contribution limit, because $5,500 is less than $24,500 (her compensation for purposes of figuring her contribution limit). File 2009 taxes free Filing Status Generally, except as discussed earlier under Kay Bailey Hutchison Spousal IRA Limit , your filing status has no effect on the amount of allowable contributions to your traditional IRA. File 2009 taxes free However, if during the year either you or your spouse was covered by a retirement plan at work, your deduction may be reduced or eliminated, depending on your filing status and income. File 2009 taxes free See How Much Can You Deduct , later. File 2009 taxes free Example. File 2009 taxes free Tom and Darcy are married and both are 53. File 2009 taxes free They both work and each has a traditional IRA. File 2009 taxes free Tom earned $3,800 and Darcy earned $48,000 in 2013. File 2009 taxes free Because of the Kay Bailey Hutchison Spousal IRA limit rule, even though Tom earned less than $6,500, they can contribute up to $6,500 to his IRA for 2013 if they file a joint return. File 2009 taxes free They can contribute up to $6,500 to Darcy's IRA. File 2009 taxes free If they file separate returns, the amount that can be contributed to Tom's IRA is limited by his earned income, $3,800. File 2009 taxes free Less Than Maximum Contributions If contributions to your traditional IRA for a year were less than the limit, you cannot contribute more after the due date of your return for that year to make up the difference. File 2009 taxes free Example. File 2009 taxes free Rafael, who is 40, earns $30,000 in 2013. File 2009 taxes free Although he can contribute up to $5,500 for 2013, he contributes only $3,000. File 2009 taxes free After April 15, 2014, Rafael cannot make up the difference between his actual contributions for 2013 ($3,000) and his 2013 limit ($5,500). File 2009 taxes free He cannot contribute $2,500 more than the limit for any later year. File 2009 taxes free More Than Maximum Contributions If contributions to your IRA for a year were more than the limit, you can apply the excess contribution in one year to a later year if the contributions for that later year are less than the maximum allowed for that year. File 2009 taxes free However, a penalty or additional tax may apply. File 2009 taxes free See Excess Contributions , later, under What Acts Result in Penalties or Additional Taxes. File 2009 taxes free When Can Contributions Be Made? As soon as you open your traditional IRA, contributions can be made to it through your chosen sponsor (trustee or other administrator). File 2009 taxes free Contributions must be in the form of money (cash, check, or money order). File 2009 taxes free Property cannot be contributed. File 2009 taxes free Although property cannot be contributed, your IRA may invest in certain property. File 2009 taxes free For example, your IRA may purchase shares of stock. File 2009 taxes free For other restrictions on the use of funds in your IRA, see Prohibited Transactions , later in this chapter. File 2009 taxes free You may be able to transfer or roll over certain property from one retirement plan to another. File 2009 taxes free See the discussion of rollovers and other transfers later in this chapter under Can You Move Retirement Plan Assets . File 2009 taxes free You can make a contribution to your IRA by having your income tax refund (or a portion of your refund), if any, paid directly to your traditional IRA, Roth IRA, or SEP IRA. File 2009 taxes free For details, see the instructions for your income tax return or Form 8888, Allocation of Refund (Including Savings Bond Purchases). File 2009 taxes free Contributions can be made to your traditional IRA for each year that you receive compensation and have not reached age 70½. File 2009 taxes free For any year in which you do not work, contributions cannot be made to your IRA unless you receive alimony, nontaxable combat pay, military differential pay, or file a joint return with a spouse who has compensation. File 2009 taxes free See Who Can Open a Traditional IRA , earlier. File 2009 taxes free Even if contributions cannot be made for the current year, the amounts contributed for years in which you did qualify can remain in your IRA. File 2009 taxes free Contributions can resume for any years that you qualify. File 2009 taxes free Contributions must be made by due date. File 2009 taxes free   Contributions can be made to your traditional IRA for a year at any time during the year or by the due date for filing your return for that year, not including extensions. File 2009 taxes free For most people, this means that contributions for 2013 must be made by April 15, 2014, and contributions for 2014 must be made by April 15, 2015. File 2009 taxes free Age 70½ rule. File 2009 taxes free   Contributions cannot be made to your traditional IRA for the year in which you reach age 70½ or for any later year. File 2009 taxes free   You attain age 70½ on the date that is 6 calendar months after the 70th anniversary of your birth. File 2009 taxes free If you were born on or before June 30, 1943, you cannot contribute for 2013 or any later year. File 2009 taxes free Designating year for which contribution is made. File 2009 taxes free   If an amount is contributed to your traditional IRA between January 1 and April 15, you should tell the sponsor which year (the current year or the previous year) the contribution is for. File 2009 taxes free If you do not tell the sponsor which year it is for, the sponsor can assume, and report to the IRS, that the contribution is for the current year (the year the sponsor received it). File 2009 taxes free Filing before a contribution is made. File 2009 taxes free    You can file your return claiming a traditional IRA contribution before the contribution is actually made. File 2009 taxes free Generally, the contribution must be made by the due date of your return, not including extensions. File 2009 taxes free Contributions not required. File 2009 taxes free   You do not have to contribute to your traditional IRA for every tax year, even if you can. File 2009 taxes free How Much Can You Deduct? Generally, you can deduct the lesser of: The contributions to your traditional IRA for the year, or The general limit (or the Kay Bailey Hutchison Spousal IRA limit, if applicable) explained earlier under How Much Can Be Contributed . File 2009 taxes free However, if you or your spouse was covered by an employer retirement plan, you may not be able to deduct this amount. File 2009 taxes free See Limit if Covered by Employer Plan , later. File 2009 taxes free You may be able to claim a credit for contributions to your traditional IRA. File 2009 taxes free For more information, see chapter 4. File 2009 taxes free Trustees' fees. File 2009 taxes free   Trustees' administrative fees that are billed separately and paid in connection with your traditional IRA are not deductible as IRA contributions. File 2009 taxes free However, they may be deductible as a miscellaneous itemized deduction on Schedule A (Form 1040). File 2009 taxes free For information about miscellaneous itemized deductions, see Publication 529, Miscellaneous Deductions. File 2009 taxes free Brokers' commissions. File 2009 taxes free   These commissions are part of your IRA contribution and, as such, are deductible subject to the limits. File 2009 taxes free Full deduction. File 2009 taxes free   If neither you nor your spouse was covered for any part of the year by an employer retirement plan, you can take a deduction for total contributions to one or more of your traditional IRAs of up to the lesser of: $5,500 ($6,500 if you are age 50 or older), or 100% of your compensation. File 2009 taxes free   This limit is reduced by any contributions made to a 501(c)(18) plan on your behalf. File 2009 taxes free Kay Bailey Hutchison Spousal IRA. File 2009 taxes free   In the case of a married couple with unequal compensation who file a joint return, the deduction for contributions to the traditional IRA of the spouse with less compensation is limited to the lesser of: $5,500 ($6,500 if the spouse with the lower compensation is age 50 or older), or The total compensation includible in the gross income of both spouses for the year reduced by the following three amounts. File 2009 taxes free The IRA deduction for the year of the spouse with the greater compensation. File 2009 taxes free Any designated nondeductible contribution for the year made on behalf of the spouse with the greater compensation. File 2009 taxes free Any contributions for the year to a Roth IRA on behalf of the spouse with the greater compensation. File 2009 taxes free   This limit is reduced by any contributions to a section 501(c)(18) plan on behalf of the spouse with the lesser compensation. File 2009 taxes free Note. File 2009 taxes free If you were divorced or legally separated (and did not remarry) before the end of the year, you cannot deduct any contributions to your spouse's IRA. File 2009 taxes free After a divorce or legal separation, you can deduct only the contributions to your own IRA. File 2009 taxes free Your deductions are subject to the rules for single individuals. File 2009 taxes free Covered by an employer retirement plan. File 2009 taxes free   If you or your spouse was covered by an employer retirement plan at any time during the year for which contributions were made, your deduction may be further limited. File 2009 taxes free This is discussed later under Limit if Covered by Employer Plan . File 2009 taxes free Limits on the amount you can deduct do not affect the amount that can be contributed. File 2009 taxes free Are You Covered by an Employer Plan? The Form W-2 you receive from your employer has a box used to indicate whether you were covered for the year. File 2009 taxes free The “Retirement Plan” box should be checked if you were covered. File 2009 taxes free Reservists and volunteer firefighters should also see Situations in Which You Are Not Covered , later. File 2009 taxes free If you are not certain whether you were covered by your employer's retirement plan, you should ask your employer. File 2009 taxes free Federal judges. File 2009 taxes free   For purposes of the IRA deduction, federal judges are covered by an employer plan. File 2009 taxes free For Which Year(s) Are You Covered? Special rules apply to determine the tax years for which you are covered by an employer plan. File 2009 taxes free These rules differ depending on whether the plan is a defined contribution plan or a defined benefit plan. File 2009 taxes free Tax year. File 2009 taxes free   Your tax year is the annual accounting period you use to keep records and report income and expenses on your income tax return. File 2009 taxes free For almost all people, the tax year is the calendar year. File 2009 taxes free Defined contribution plan. File 2009 taxes free   Generally, you are covered by a defined contribution plan for a tax year if amounts are contributed or allocated to your account for the plan year that ends with or within that tax year. File 2009 taxes free However, also see Situations in Which You Are Not Covered , later. File 2009 taxes free   A defined contribution plan is a plan that provides for a separate account for each person covered by the plan. File 2009 taxes free In a defined contribution plan, the amount to be contributed to each participant's account is spelled out in the plan. File 2009 taxes free The level of benefits actually provided to a participant depends on the total amount contributed to that participant's account and any earnings and losses on those contributions. File 2009 taxes free Types of defined contribution plans include profit-sharing plans, stock bonus plans, and money purchase pension plans. File 2009 taxes free Example. File 2009 taxes free Company A has a money purchase pension plan. File 2009 taxes free Its plan year is from July 1 to June 30. File 2009 taxes free The plan provides that contributions must be allocated as of June 30. File 2009 taxes free Bob, an employee, leaves Company A on December 31, 2012. File 2009 taxes free The contribution for the plan year ending on June 30, 2013, is made February 15, 2014. File 2009 taxes free Because an amount is contributed to Bob's account for the plan year, Bob is covered by the plan for his 2013 tax year. File 2009 taxes free   A special rule applies to certain plans in which it is not possible to determine if an amount will be contributed to your account for a given plan year. File 2009 taxes free If, for a plan year, no amounts have been allocated to your account that are attributable to employer contributions, employee contributions, or forfeitures, by the last day of the plan year, and contributions are discretionary for the plan year, you are not covered for the tax year in which the plan year ends. File 2009 taxes free If, after the plan year ends, the employer makes a contribution for that plan year, you are covered for the tax year in which the contribution is made. File 2009 taxes free Example. File 2009 taxes free Mickey was covered by a profit-sharing plan and left the company on December 31, 2012. File 2009 taxes free The plan year runs from July 1 to June 30. File 2009 taxes free Under the terms of the plan, employer contributions do not have to be made, but if they are made, they are contributed to the plan before the due date for filing the company's tax return. File 2009 taxes free Such contributions are allocated as of the last day of the plan year, and allocations are made to the accounts of individuals who have any service during the plan year. File 2009 taxes free As of June 30, 2013, no contributions were made that were allocated to the June 30, 2013, plan year, and no forfeitures had been allocated within the plan year. File 2009 taxes free In addition, as of that date, the company was not obligated to make a contribution for such plan year and it was impossible to determine whether or not a contribution would be made for the plan year. File 2009 taxes free On December 31, 2013, the company decided to contribute to the plan for the plan year ending June 30, 2013. File 2009 taxes free That contribution was made on February 15, 2014. File 2009 taxes free Mickey is an active participant in the plan for his 2014 tax year but not for his 2013 tax year. File 2009 taxes free No vested interest. File 2009 taxes free   If an amount is allocated to your account for a plan year, you are covered by that plan even if you have no vested interest in (legal right to) the account. File 2009 taxes free Defined benefit plan. File 2009 taxes free   If you are eligible to participate in your employer's defined benefit plan for the plan year that ends within your tax year, you are covered by the plan. File 2009 taxes free This rule applies even if you: Declined to participate in the plan, Did not make a required contribution, or Did not perform the minimum service required to accrue a benefit for the year. File 2009 taxes free   A defined benefit plan is any plan that is not a defined contribution plan. File 2009 taxes free In a defined benefit plan, the level of benefits to be provided to each participant is spelled out in the plan. File 2009 taxes free The plan administrator figures the amount needed to provide those benefits and those amounts are contributed to the plan. File 2009 taxes free Defined benefit plans include pension plans and annuity plans. File 2009 taxes free Example. File 2009 taxes free Nick, an employee of Company B, is eligible to participate in Company B's defined benefit plan, which has a July 1 to June 30 plan year. File 2009 taxes free Nick leaves Company B on December 31, 2012. File 2009 taxes free Because Nick is eligible to participate in the plan for its year ending June 30, 2013, he is covered by the plan for his 2013 tax year. File 2009 taxes free No vested interest. File 2009 taxes free   If you accrue a benefit for a plan year, you are covered by that plan even if you have no vested interest in (legal right to) the accrual. File 2009 taxes free Situations in Which You Are Not Covered Unless you are covered by another employer plan, you are not covered by an employer plan if you are in one of the situations described below. File 2009 taxes free Social security or railroad retirement. File 2009 taxes free   Coverage under social security or railroad retirement is not coverage under an employer retirement plan. File 2009 taxes free Benefits from previous employer's plan. File 2009 taxes free   If you receive retirement benefits from a previous employer's plan, you are not covered by that plan. File 2009 taxes free Reservists. File 2009 taxes free   If the only reason you participate in a plan is because you are a member of a reserve unit of the Armed Forces, you may not be covered by the plan. File 2009 taxes free You are not covered by the plan if both of the following conditions are met. File 2009 taxes free The plan you participate in is established for its employees by: The United States, A state or political subdivision of a state, or An instrumentality of either (a) or (b) above. File 2009 taxes free You did not serve more than 90 days on active duty during the year (not counting duty for training). File 2009 taxes free Volunteer firefighters. File 2009 taxes free   If the only reason you participate in a plan is because you are a volunteer firefighter, you may not be covered by the plan. File 2009 taxes free You are not covered by the plan if both of the following conditions are met. File 2009 taxes free The plan you participate in is established for its employees by: The United States, A state or political subdivision of a state, or An instrumentality of either (a) or (b) above. File 2009 taxes free Your accrued retirement benefits at the beginning of the year will not provide more than $1,800 per year at retirement. File 2009 taxes free Limit if Covered by Employer Plan As discussed earlier, the deduction you can take for contributions made to your traditional IRA depends on whether you or your spouse was covered for any part of the year by an employer retirement plan. File 2009 taxes free Your deduction is also affected by how much income you had and by your filing status. File 2009 taxes free Your deduction may also be affected by social security benefits you received. File 2009 taxes free Reduced or no deduction. File 2009 taxes free   If either you or your spouse was covered by an employer retirement plan, you may be entitled to only a partial (reduced) deduction or no deduction at all, depending on your income and your filing status. File 2009 taxes free   Your deduction begins to decrease (phase out) when your income rises above a certain amount and is eliminated altogether when it reaches a higher amount. File 2009 taxes free These amounts vary depending on your filing status. File 2009 taxes free   To determine if your deduction is subject to the phaseout, you must determine your modified adjusted gross income (AGI) and your filing status, as explained later under Deduction Phaseout . File 2009 taxes free Once you have determined your modified AGI and your filing status, you can use Table 1-2 or Table 1-3 to determine if the phaseout applies. File 2009 taxes free Social Security Recipients Instead of using Table 1-2 or Table 1-3 and Worksheet 1-2, Figuring Your Reduced IRA Deduction for 2013, later, complete the worksheets in Appendix B of this publication if, for the year, all of the following apply. File 2009 taxes free You received social security benefits. File 2009 taxes free You received taxable compensation. File 2009 taxes free Contributions were made to your traditional IRA. File 2009 taxes free You or your spouse was covered by an employer retirement plan. File 2009 taxes free Use the worksheets in Appendix B to figure your IRA deduction, your nondeductible contribution, and the taxable portion, if any, of your social security benefits. File 2009 taxes free Appendix B includes an example with filled-in worksheets to assist you. File 2009 taxes free Table 1-2. File 2009 taxes free Effect of Modified AGI1 on Deduction if You Are Covered by a Retirement Plan at Work If you are covered by a retirement plan at work, use this table to determine if your modified AGI affects the amount of your deduction. File 2009 taxes free IF your filing status is . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free AND your modified adjusted gross income (modified AGI) is . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free THEN you can take . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free single or head of household $59,000 or less a full deduction. File 2009 taxes free more than $59,000 but less than $69,000 a partial deduction. File 2009 taxes free $69,000 or more no deduction. File 2009 taxes free married filing jointly or  qualifying widow(er) $95,000 or less a full deduction. File 2009 taxes free more than $95,000 but less than $115,000 a partial deduction. File 2009 taxes free $115,000 or more no deduction. File 2009 taxes free married filing separately2 less than $10,000 a partial deduction. File 2009 taxes free $10,000 or more no deduction. File 2009 taxes free 1 Modified AGI (adjusted gross income). File 2009 taxes free See Modified adjusted gross income (AGI) , later. File 2009 taxes free  2 If you did not live with your spouse at any time during the year, your filing status is considered Single for this purpose (therefore, your IRA deduction is determined under the “Single” filing status). File 2009 taxes free Table 1-3. File 2009 taxes free Effect of Modified AGI1 on Deduction if You Are NOT Covered by a Retirement Plan at Work If you are not covered by a retirement plan at work, use this table to determine if your modified AGI affects the amount of your deduction. File 2009 taxes free IF your filing status is . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free AND your modified adjusted gross income (modified AGI) is . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free THEN you can take . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free single, head of household, or qualifying widow(er) any amount a full deduction. File 2009 taxes free married filing jointly or separately with a spouse who is not covered by a plan at work any amount a full deduction. File 2009 taxes free married filing jointly with a spouse who is covered by a plan at work $178,000 or less a full deduction. File 2009 taxes free more than $178,000 but less than $188,000 a partial deduction. File 2009 taxes free $188,000 or more no deduction. File 2009 taxes free married filing separately with a spouse who is covered by a plan at work2 less than $10,000 a partial deduction. File 2009 taxes free $10,000 or more no deduction. File 2009 taxes free 1 Modified AGI (adjusted gross income). File 2009 taxes free See Modified adjusted gross income (AGI) , later. File 2009 taxes free  2 You are entitled to the full deduction if you did not live with your spouse at any time during the year. File 2009 taxes free For 2014, if you are not covered by a retirement plan at work and you are married filing jointly with a spouse who is covered by a plan at work, your deduction is phased out if your modified AGI is more than $181,000 but less than $191,000. File 2009 taxes free If your AGI is $191,000 or more, you cannot take a deduction for a contribution to a traditional IRA. File 2009 taxes free Deduction Phaseout The amount of any reduction in the limit on your IRA deduction (phaseout) depends on whether you or your spouse was covered by an employer retirement plan. File 2009 taxes free Covered by a retirement plan. File 2009 taxes free   If you are covered by an employer retirement plan and you did not receive any social security retirement benefits, your IRA deduction may be reduced or eliminated depending on your filing status and modified AGI, as shown in Table 1-2. File 2009 taxes free For 2014, if you are covered by a retirement plan at work, your IRA deduction will not be reduced (phased out) unless your modified AGI is: More than $60,000 but less than $70,000 for a single individual (or head of household), More than $96,000 but less than $116,000 for a married couple filing a joint return (or a qualifying widow(er)), or Less than $10,000 for a married individual filing a separate return. File 2009 taxes free If your spouse is covered. File 2009 taxes free   If you are not covered by an employer retirement plan, but your spouse is, and you did not receive any social security benefits, your IRA deduction may be reduced or eliminated entirely depending on your filing status and modified AGI as shown in Table 1-3. File 2009 taxes free Filing status. File 2009 taxes free   Your filing status depends primarily on your marital status. File 2009 taxes free For this purpose, you need to know if your filing status is single or head of household, married filing jointly or qualifying widow(er), or married filing separately. File 2009 taxes free If you need more information on filing status, see Publication 501, Exemptions, Standard Deduction, and Filing Information. File 2009 taxes free Lived apart from spouse. File 2009 taxes free   If you did not live with your spouse at any time during the year and you file a separate return, your filing status, for this purpose, is single. File 2009 taxes free Modified adjusted gross income (AGI). File 2009 taxes free   You can use Worksheet 1-1 to figure your modified AGI. File 2009 taxes free If you made contributions to your IRA for 2013 and received a distribution from your IRA in 2013, see Both contributions for 2013 and distributions in 2013 , later. File 2009 taxes free    Do not assume that your modified AGI is the same as your compensation. File 2009 taxes free Your modified AGI may include income in addition to your compensation (discussed earlier) such as interest, dividends, and income from IRA distributions. File 2009 taxes free Form 1040. File 2009 taxes free   If you file Form 1040, refigure the amount on the page 1 “adjusted gross income” line without taking into account any of the following amounts. File 2009 taxes free IRA deduction. File 2009 taxes free Student loan interest deduction. File 2009 taxes free Tuition and fees deduction. File 2009 taxes free Domestic production activities deduction. File 2009 taxes free Foreign earned income exclusion. File 2009 taxes free Foreign housing exclusion or deduction. File 2009 taxes free Exclusion of qualified savings bond interest shown on Form 8815. File 2009 taxes free Exclusion of employer-provided adoption benefits shown on Form 8839. File 2009 taxes free This is your modified AGI. File 2009 taxes free Form 1040A. File 2009 taxes free   If you file Form 1040A, refigure the amount on the page 1 “adjusted gross income” line without taking into account any of the following amounts. File 2009 taxes free IRA deduction. File 2009 taxes free Student loan interest deduction. File 2009 taxes free Tuition and fees deduction. File 2009 taxes free Exclusion of qualified savings bond interest shown on Form 8815. File 2009 taxes free This is your modified AGI. File 2009 taxes free Form 1040NR. File 2009 taxes free   If you file Form 1040NR, refigure the amount on the page 1 “adjusted gross income” line without taking into account any of the following amounts. File 2009 taxes free IRA deduction. File 2009 taxes free Student loan interest deduction. File 2009 taxes free Domestic production activities deduction. File 2009 taxes free Exclusion of qualified savings bond interest shown on Form 8815. File 2009 taxes free Exclusion of employer-provided adoption benefits shown on Form 8839. File 2009 taxes free This is your modified AGI. File 2009 taxes free Income from IRA distributions. File 2009 taxes free   If you received distributions in 2013 from one or more traditional IRAs and your traditional IRAs include only deductible contributions, the distributions are fully taxable and are included in your modified AGI. File 2009 taxes free Both contributions for 2013 and distributions in 2013. File 2009 taxes free   If all three of the following apply, any IRA distributions you received in 2013 may be partly tax free and partly taxable. File 2009 taxes free You received distributions in 2013 from one or more traditional IRAs, You made contributions to a traditional IRA for 2013, and Some of those contributions may be nondeductible contributions. File 2009 taxes free (See Nondeductible Contributions and Worksheet 1-2, later. File 2009 taxes free ) If this is your situation, you must figure the taxable part of the traditional IRA distribution before you can figure your modified AGI. File 2009 taxes free To do this, you can use Worksheet 1-5, later. File 2009 taxes free   If at least one of the above does not apply, figure your modified AGI using Worksheet 1-1, later. File 2009 taxes free How To Figure Your Reduced IRA Deduction If you or your spouse is covered by an employer retirement plan and you did not receive any social security benefits, you can figure your reduced IRA deduction by using Worksheet 1-2. File 2009 taxes free Figuring Your Reduced IRA Deduction for 2013. File 2009 taxes free The Instructions for Form 1040, Form 1040A, and Form 1040NR include similar worksheets that you can use instead of the worksheet in this publication. File 2009 taxes free If you or your spouse is covered by an employer retirement plan, and you received any social security benefits, see Social Security Recipients , earlier. File 2009 taxes free Note. File 2009 taxes free If you were married and both you and your spouse contributed to IRAs, figure your deduction and your spouse's deduction separately. File 2009 taxes free Worksheet 1-1. File 2009 taxes free Figuring Your Modified AGI Use this worksheet to figure your modified AGI for traditional IRA purposes. File 2009 taxes free 1. File 2009 taxes free Enter your adjusted gross income (AGI) from Form 1040, line 38; Form 1040A, line 22; or Form 1040NR, line 37, figured without taking into account the amount from Form 1040, line 32; Form 1040A, line 17; or Form 1040NR, line 32 1. File 2009 taxes free   2. File 2009 taxes free Enter any student loan interest deduction from Form 1040, line 33; Form 1040A, line 18; or Form 1040NR, line 33 2. File 2009 taxes free   3. File 2009 taxes free Enter any tuition and fees deduction from Form 1040, line 34, or Form 1040A, line 19 3. File 2009 taxes free   4. File 2009 taxes free Enter any domestic production activities deduction from Form 1040, line 35, or Form 1040NR, line 34 4. File 2009 taxes free   5. File 2009 taxes free Enter any foreign earned income exclusion and/or housing exclusion from Form 2555, line 45, or Form 2555-EZ, line 18 5. File 2009 taxes free   6. File 2009 taxes free Enter any foreign housing deduction from Form 2555, line 50 6. File 2009 taxes free   7. File 2009 taxes free Enter any excludable savings bond interest from Form 8815, line 14 7. File 2009 taxes free   8. File 2009 taxes free Enter any excluded employer-provided adoption benefits from Form 8839, line 28 8. File 2009 taxes free   9. File 2009 taxes free Add lines 1 through 8. File 2009 taxes free This is your Modified AGI for traditional IRA purposes 9. File 2009 taxes free   Reporting Deductible Contributions If you file Form 1040, enter your IRA deduction on line 32 of that form. File 2009 taxes free If you file Form 1040A, enter your IRA deduction on line 17 of that form. File 2009 taxes free If you file Form 1040NR, enter your IRA deduction on line 32 of that form. File 2009 taxes free You cannot deduct IRA contributions on Form 1040EZ or Form 1040NR-EZ. File 2009 taxes free Self-employed. File 2009 taxes free   If you are self-employed (a sole proprietor or partner) and have a SIMPLE IRA, enter your deduction for allowable plan contributions on Form 1040, line 28. File 2009 taxes free If you file Form 1040NR, enter your deduction on line 28 of that form. File 2009 taxes free Nondeductible Contributions Although your deduction for IRA contributions may be reduced or eliminated, contributions can be made to your IRA of up to the general limit or, if it applies, the Kay Bailey Hutchison Spousal IRA limit. File 2009 taxes free The difference between your total permitted contributions and your IRA deduction, if any, is your nondeductible contribution. File 2009 taxes free Example. File 2009 taxes free Tony is 29 years old and single. File 2009 taxes free In 2013, he was covered by a retirement plan at work. File 2009 taxes free His salary is $62,000. File 2009 taxes free His modified AGI is $70,000. File 2009 taxes free Tony makes a $5,500 IRA contribution for 2013. File 2009 taxes free Because he was covered by a retirement plan and his modified AGI is above $69,000, he cannot deduct his $5,500 IRA contribution. File 2009 taxes free He must designate this contribution as a nondeductible contribution by reporting it on Form 8606. File 2009 taxes free Repayment of reservist distributions. File 2009 taxes free   Nondeductible contributions may include repayments of qualified reservist distributions. File 2009 taxes free For more information, see Qualified reservist repayments under How Much Can Be Contributed, earlier. File 2009 taxes free Form 8606. File 2009 taxes free   To designate contributions as nondeductible, you must file Form 8606. File 2009 taxes free (See the filled-in Forms 8606 in this chapter. File 2009 taxes free )   You do not have to designate a contribution as nondeductible until you file your tax return. File 2009 taxes free When you file, you can even designate otherwise deductible contributions as nondeductible contributions. File 2009 taxes free   You must file Form 8606 to report nondeductible contributions even if you do not have to file a tax return for the year. File 2009 taxes free    A Form 8606 is not used for the year that you make a rollover from a qualified retirement plan to a traditional IRA and the rollover includes nontaxable amounts. File 2009 taxes free In those situations, a Form 8606 is completed for the year you take a distribution from that IRA. File 2009 taxes free See Form 8606 under Distributions Fully or Partly Taxable, later. File 2009 taxes free Failure to report nondeductible contributions. File 2009 taxes free   If you do not report nondeductible contributions, all of the contributions to your traditional IRA will be treated like deductible contributions when withdrawn. File 2009 taxes free All distributions from your IRA will be taxed unless you can show, with satisfactory evidence, that nondeductible contributions were made. File 2009 taxes free Penalty for overstatement. File 2009 taxes free   If you overstate the amount of nondeductible contributions on your Form 8606 for any tax year, you must pay a penalty of $100 for each overstatement, unless it was due to reasonable cause. File 2009 taxes free Penalty for failure to file Form 8606. File 2009 taxes free   You will have to pay a $50 penalty if you do not file a required Form 8606, unless you can prove that the failure was due to reasonable cause. File 2009 taxes free Tax on earnings on nondeductible contributions. File 2009 taxes free   As long as contributions are within the contribution limits, none of the earnings or gains on contributions (deductible or nondeductible) will be taxed until they are distributed. File 2009 taxes free Cost basis. File 2009 taxes free   You will have a cost basis in your traditional IRA if you made any nondeductible contributions. File 2009 taxes free Your cost basis is the sum of the nondeductible contributions to your IRA minus any withdrawals or distributions of nondeductible contributions. File 2009 taxes free    Commonly, distributions from your traditional IRAs will include both taxable and nontaxable (cost basis) amounts. File 2009 taxes free See Are Distributions Taxable, later, for more information. File 2009 taxes free Recordkeeping. File 2009 taxes free There is a recordkeeping worksheet, Appendix A. File 2009 taxes free Summary Record of Traditional IRA(s) for 2013 , that you can use to keep a record of deductible and nondeductible IRA contributions. File 2009 taxes free Examples — Worksheet for Reduced IRA Deduction for 2013 The following examples illustrate the use of Worksheet 1-2, Figuring Your Reduced IRA Deduction for 2013. File 2009 taxes free Example 1. File 2009 taxes free For 2013, Tom and Betty file a joint return on Form 1040. File 2009 taxes free They are both 39 years old. File 2009 taxes free They are both employed and Tom is covered by his employer's retirement plan. File 2009 taxes free Tom's salary is $59,000 and Betty's is $32,555. File 2009 taxes free They each have a traditional IRA and their combined modified AGI, which includes $5,000 interest and dividend income, is $96,555. File 2009 taxes free Because their modified AGI is between $95,000 and $115,000 and Tom is covered by an employer plan, Tom is subject to the deduction phaseout discussed earlier under Limit if Covered by Employer Plan . File 2009 taxes free For 2013, Tom contributed $5,500 to his IRA and Betty contributed $5,500 to hers. File 2009 taxes free Even though they file a joint return, they must use separate worksheets to figure the IRA deduction for each of them. File 2009 taxes free Tom can take a deduction of only $5,080. File 2009 taxes free He can choose to treat the $5,080 as either deductible or nondeductible contributions. File 2009 taxes free He can either leave the $420 ($5,500 − $5,080) of nondeductible contributions in his IRA or withdraw them by April 15, 2014. File 2009 taxes free He decides to treat the $5,080 as deductible contributions and leave the $420 of nondeductible contributions in his IRA. File 2009 taxes free Using Worksheet 1-2, Figuring Your Reduced IRA Deduction for 2013, Tom figures his deductible and nondeductible amounts as shown on Worksheet 1-2. File 2009 taxes free Figuring Your Reduced IRA Deduction for 2013—Example 1 Illustrated. File 2009 taxes free Betty figures her IRA deduction as follows. File 2009 taxes free Betty can treat all or part of her contributions as either deductible or nondeductible. File 2009 taxes free This is because her $5,500 contribution for 2013 is not subject to the deduction phaseout discussed earlier under Limit if Covered by Employer Plan . File 2009 taxes free She does not need to use Worksheet 1-2, Figuring Your Reduced IRA Deduction for 2013, because their modified AGI is not within the phaseout range that applies. File 2009 taxes free Betty decides to treat her $5,500 IRA contributions as deductible. File 2009 taxes free The IRA deductions of $5,080 and $5,500 on the joint return for Tom and Betty total $10,580. File 2009 taxes free Example 2. File 2009 taxes free For 2013, Ed and Sue file a joint return on Form 1040. File 2009 taxes free They are both 39 years old. File 2009 taxes free Ed is covered by his employer's retirement plan. File 2009 taxes free Ed's salary is $45,000. File 2009 taxes free Sue had no compensation for the year and did not contribute to an IRA. File 2009 taxes free Sue is not covered by an employer plan. File 2009 taxes free Ed contributed $5,500 to his traditional IRA and $5,500 to a traditional IRA for Sue (a Kay Bailey Hutchison Spousal IRA). File 2009 taxes free Their combined modified AGI, which includes $2,000 interest and dividend income and a large capital gain from the sale of stock, is $180,555. File 2009 taxes free Because the combined modified AGI is $115,000 or more, Ed cannot deduct any of the contribution to his traditional IRA. File 2009 taxes free He can either leave the $5,500 of nondeductible contributions in his IRA or withdraw them by April 15, 2014. File 2009 taxes free Sue figures her IRA deduction as shown on Worksheet 1-2. File 2009 taxes free Figuring Your Reduced IRA Deduction for 2013—Example 2 Illustrated. File 2009 taxes free Worksheet 1-2. File 2009 taxes free Figuring Your Reduced IRA Deduction for 2013 (Use only if you or your spouse is covered by an employer plan and your modified AGI falls between the two amounts shown below for your coverage situation and filing status. File 2009 taxes free ) Note. File 2009 taxes free If you were married and both you and your spouse contributed to IRAs, figure your deduction and your spouse's deduction separately. File 2009 taxes free IF you . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free AND your  filing status is . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free AND your modified AGI is over . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free THEN enter on  line 1 below . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free       are covered by an employer plan single or head of household $59,000 $69,000     married filing jointly or qualifying widow(er) $95,000 $115,000     married filing separately $0 $10,000     are not covered by an employer plan, but your spouse is covered married filing jointly $178,000 $188,000     married filing separately $0 $10,000     1. File 2009 taxes free Enter applicable amount from table above 1. File 2009 taxes free   2. File 2009 taxes free Enter your modified AGI (that of both spouses, if married filing jointly) 2. File 2009 taxes free     Note. File 2009 taxes free If line 2 is equal to or more than the amount on line 1, stop here. File 2009 taxes free  Your IRA contributions are not deductible. File 2009 taxes free See Nondeductible Contributions , earlier. File 2009 taxes free     3. File 2009 taxes free Subtract line 2 from line 1. File 2009 taxes free If line 3 is $10,000 or more ($20,000 or more if married filing jointly or qualifying widow(er) and you are covered by an employer plan), stop here. File 2009 taxes free You can take a full IRA deduction for contributions of up to $5,500 ($6,500 if you are age 50 or older) or 100% of your (and if married filing jointly, your spouse's) compensation, whichever is less 3. File 2009 taxes free   4. File 2009 taxes free Multiply line 3 by the percentage below that applies to you. File 2009 taxes free If the result is not a multiple of $10, round it to the next highest multiple of $10. File 2009 taxes free (For example, $611. File 2009 taxes free 40 is rounded to $620. File 2009 taxes free ) However, if the result is less than $200, enter $200. File 2009 taxes free         Married filing jointly or qualifying widow(er) and you are covered by an employer plan, multiply line 3 by 27. File 2009 taxes free 5% (. File 2009 taxes free 275) (by 32. File 2009 taxes free 5% (. File 2009 taxes free 325) if you are age 50 or older). File 2009 taxes free All others, multiply line 3 by 55% (. File 2009 taxes free 55) (by 65% (. File 2009 taxes free 65) if you are age 50 or older). File 2009 taxes free 4. File 2009 taxes free   5. File 2009 taxes free Enter your compensation minus any deductions on Form 1040 or Form 1040NR, line 27 (deductible part of self-employment tax) and line 28 (self-employed SEP, SIMPLE, and qualified plans). File 2009 taxes free If you are filing a joint return and your compensation is less than your spouse's, include your spouse's compensation reduced by his or her traditional IRA and Roth IRA contributions for this year. File 2009 taxes free If you file Form 1040 or Form 1040NR, do not reduce your compensation by any losses from self-employment 5. File 2009 taxes free   6. File 2009 taxes free Enter contributions made, or to be made, to your IRA for 2013, but do not enter more than $5,500 ($6,500 if you are age 50 or older). File 2009 taxes free If contributions are more than $5,500 ($6,500 if you are age 50 or older), see Excess Contributions , later. File 2009 taxes free 6. File 2009 taxes free   7. File 2009 taxes free IRA deduction. File 2009 taxes free Compare lines 4, 5, and 6. File 2009 taxes free Enter the smallest amount (or a smaller amount if you choose) here and on the Form 1040, 1040A, or 1040NR line for your IRA, whichever applies. File 2009 taxes free If line 6 is more than line 7 and you want to make a nondeductible contribution, go to line 8 7. File 2009 taxes free   8. File 2009 taxes free Nondeductible contribution. File 2009 taxes free Subtract line 7 from line 5 or 6, whichever is smaller. File 2009 taxes free  Enter the result here and on line 1 of your Form 8606 8. File 2009 taxes free   Worksheet 1-2. File 2009 taxes free Figuring Your Reduced IRA Deduction for 2013—Example 1 Illustrated (Use only if you or your spouse is covered by an employer plan and your modified AGI falls between the two amounts shown below for your coverage situation and filing status. File 2009 taxes free ) Note. File 2009 taxes free If you were married and both you and your spouse contributed to IRAs, figure your deduction and your spouse's deduction separately. File 2009 taxes free IF you . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free AND your  filing status is . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free AND your modified AGI is over . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free THEN enter on  line 1 below . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free       are covered by an employer plan single or head of household $59,000 $69,000     married filing jointly or qualifying widow(er) $95,000 $115,000     married filing separately $0 $10,000     are not covered by an employer plan, but your spouse is covered married filing jointly $178,000 $188,000     married filing separately $0 $10,000     1. File 2009 taxes free Enter applicable amount from table above 1. File 2009 taxes free 115,000 2. File 2009 taxes free Enter your modified AGI (that of both spouses, if married filing jointly) 2. File 2009 taxes free 96,555   Note. File 2009 taxes free If line 2 is equal to or more than the amount on line 1, stop here. File 2009 taxes free  Your IRA contributions are not deductible. File 2009 taxes free See Nondeductible Contributions , earlier. File 2009 taxes free     3. File 2009 taxes free Subtract line 2 from line 1. File 2009 taxes free If line 3 is $10,000 or more ($20,000 or more if married filing jointly or qualifying widow(er) and you are covered by an employer plan), stop here. File 2009 taxes free You can take a full IRA deduction for contributions of up to $5,500 ($6,500 if you are age 50 or older) or 100% of your (and if married filing jointly, your spouse's) compensation, whichever is less 3. File 2009 taxes free 18,445 4. File 2009 taxes free Multiply line 3 by the percentage below that applies to you. File 2009 taxes free If the result is not a multiple of $10, round it to the next highest multiple of $10. File 2009 taxes free (For example, $611. File 2009 taxes free 40 is rounded to $620. File 2009 taxes free ) However, if the result is less than $200, enter $200. File 2009 taxes free         Married filing jointly or qualifying widow(er) and you are covered by an employer plan, multiply line 3 by 27. File 2009 taxes free 5% (. File 2009 taxes free 275) (by 32. File 2009 taxes free 5% (. File 2009 taxes free 325) if you are age 50 or older). File 2009 taxes free All others, multiply line 3 by 55% (. File 2009 taxes free 55) (by 65% (. File 2009 taxes free 65) if you are age 50 or older). File 2009 taxes free 4. File 2009 taxes free 5,080 5. File 2009 taxes free Enter your compensation minus any deductions on Form 1040 or Form 1040NR, line 27 (deductible part of self-employment tax) and line 28 (self-employed SEP, SIMPLE, and qualified plans). File 2009 taxes free If you are filing a joint return and your compensation is less than your spouse's, include your spouse's compensation reduced by his or her traditional IRA and Roth IRA contributions for this year. File 2009 taxes free If you file Form 1040 or Form 1040NR, do not reduce your compensation by any losses from self-employment 5. File 2009 taxes free 59,000 6. File 2009 taxes free Enter contributions made, or to be made, to your IRA for 2013, but do not enter more than $5,500 ($6,500 if you are age 50 or older). File 2009 taxes free If contributions are more than $5,500 ($6,500 if you are age 50 or older), see Excess Contributions , later. File 2009 taxes free 6. File 2009 taxes free 5,500 7. File 2009 taxes free IRA deduction. File 2009 taxes free Compare lines 4, 5, and 6. File 2009 taxes free Enter the smallest amount (or a smaller amount if you choose) here and on the Form 1040, 1040A, or 1040NR line for your IRA, whichever applies. File 2009 taxes free If line 6 is more than line 7 and you want to make a nondeductible contribution, go to line 8 7. File 2009 taxes free 5,080 8. File 2009 taxes free Nondeductible contribution. File 2009 taxes free Subtract line 7 from line 5 or 6, whichever is smaller. File 2009 taxes free  Enter the result here and on line 1 of your Form 8606 8. File 2009 taxes free 420 Worksheet 1-2. File 2009 taxes free Figuring Your Reduced IRA Deduction for 2013—Example 2 Illustrated (Use only if you or your spouse is covered by an employer plan and your modified AGI falls between the two amounts shown below for your coverage situation and filing status. File 2009 taxes free ) Note. File 2009 taxes free If you were married and both you and your spouse contributed to IRAs, figure your deduction and your spouse's deduction separately. File 2009 taxes free IF you . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free AND your  filing status is . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free AND your modified AGI is over . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free THEN enter on  line 1 below . File 2009 taxes free . File 2009 taxes free . File 2009 taxes free       are covered by an employer plan single or head of household $59,000 $69,000     married filing jointly or qualifying widow(er) $95,000 $115,000     married filing separately $0 $10,000     are not covered by an employer plan, but your spouse is covered married filing jointly $178,000 $188,000     married filing separately $0 $10,000     1. File 2009 taxes free Enter applicable amount from table above 1. File 2009 taxes free 188,000 2. File 2009 taxes free Enter your modified AGI (that of both spouses, if married filing jointly) 2. File 2009 taxes free 180,555   Note. File 2009 taxes free If line 2 is equal to or more than the amount on line 1, stop here. File 2009 taxes free  Your IRA contributions are not deductible. File 2009 taxes free See Nondeductible Contributions , earlier. File 2009 taxes free     3. File 2009 taxes free Subtract line 2 from line 1. File 2009 taxes free If line 3 is $10,000 or more ($20,000 or more if married filing jointly or qualifying widow(er) and you are covered by an employer plan), stop here. File 2009 taxes free You can take a full IRA deduction for contributions of up to $5,500 ($6,500 if you are age 50 or older) or 100% of your (and if married filing jointly, your spouse's) compensation, whichever is less 3. File 2009 taxes free 7,445 4. File 2009 taxes free Multiply line 3 by the percentage below that applies to you. File 2009 taxes free If the result is not a multiple of $10, round it to the next highest multiple of $10. File 2009 taxes free (For example, $611. File 2009 taxes free 40 is rounded to $620. File 2009 taxes free ) However, if the result is less than $200, enter $200. File 2009 taxes free         Married filing jointly or qualifying widow(er) and you are covered by an employer plan, multiply line 3 by 27. File 2009 taxes free 5% (. File 2009 taxes free 275) (by 32. File 2009 taxes free 5% (. File 2009 taxes free 325) if you are age 50 or older). File 2009 taxes free All others, multiply line 3 by 55% (. File 2009 taxes free 55) (by 65% (. File 2009 taxes free 65) if you are age 50 or older). File 2009 taxes free 4. File 2009 taxes free 4,100 5. File 2009 taxes free Enter your compensation minus any deductions on Form 1040 or Form 1040NR, line 27 (deductible part of self-employment tax) and line 28 (self-employed SEP, SIMPLE, and qualified plans). File 2009 taxes free If you are filing a joint return and your compensation is less than your spouse's, include your spouse's compensation reduced by his or her traditional IRA and Roth IRA contributions for this year. File 2009 taxes free If you file Form 1040 or Form 1040NR, do not reduce your compensation by any losses from self-employment 5. File 2009 taxes free 39,500 6. File 2009 taxes free Enter contributions made, or to be made, to your IRA for 2013, but do not enter more than $5,500 ($6,500 if you are age 50 or older). File 2009 taxes free If contributions are more than $5,500 ($6,500 if you are age 50 or older), see Excess Contributions , later. File 2009 taxes free 6. File 2009 taxes free 5,500 7. File 2009 taxes free IRA deduction. File 2009 taxes free Compare lines 4, 5, and 6. File 2009 taxes free Enter the smallest amount (or a smaller amount if you choose) here and on the Form 1040, 1040A, or 1040NR line for your IRA, whichever applies. File 2009 taxes free If line 6 is more than line 7 and you want to make a nondeductible contribution, go to line 8 7. File 2009 taxes free 4,100 8. File 2009 taxes free Nondeductible contribution. File 2009 taxes free Subtract line 7 from line 5 or 6, whichever is smaller. File 2009 taxes free  Enter the result here and on line 1 of your Form 8606 8. File 2009 taxes free 1,400 What if You Inherit an IRA? If you inherit a traditional IRA, you are called a beneficiary. File 2009 taxes free A beneficiary can be any person or entity the owner chooses to receive the benefits of the IRA after he or she dies. File 2009 taxes free Beneficiaries of a traditional IRA must include in their gross income any taxable distributions they receive. File 2009 taxes free Inherited from spouse. File 2009 taxes free   If you inherit a traditional IRA from your spouse, you generally have the following three choices. File 2009 taxes free You can: Treat it as your own IRA by designating yourself as the account owner. File 2009 taxes free Treat it as your own by rolling it over into your IRA, or to the extent it is taxable, into a: Qualified employer plan, Qualified employee annuity plan (section 403(a) plan), Tax-sheltered annuity plan (s
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Agricultural Marketing Service

The Agricultural Marketing Service supports the fair marketing of U.S. agricultural products.

Contact the Agency or Department

Website: Agricultural Marketing Service

Contact In-Person: Farmers Markets Near You

E-mail:

Address: Room 3071-S, Ag Stop 0201
1400 Independence Avenue, SW

Washington, DC 20250-0273

Forms: Agricultural Marketing Service Forms

The File 2009 Taxes Free

File 2009 taxes free 14. File 2009 taxes free   Venta de Bienes Table of Contents Recordatorio Introduction Useful Items - You may want to see: Ventas y CanjesQué es una Venta o Canje Cómo Calcular Pérdidas o Ganancias Canjes no Sujetos a Impuestos Traspasos entre Cónyuges Transacciones entre Partes Vinculadas Pérdidas y Ganancias de CapitalPérdidas o Ganancias Ordinarias o de Capital Bienes de Capital y Bienes que no Son de Capital Período de Tenencia Deudas Incobrables no Empresariales Ventas Ficticias Reinversiones de Ganancia de Valores Cotizados en Bolsa Recordatorio Ingresos del extranjero. File 2009 taxes free  Si es ciudadano de los EE. File 2009 taxes free UU. File 2009 taxes free y vende propiedad ubicada fuera de los Estados Unidos, tiene que declarar todas las ganancias y pérdidas provenientes de la venta de dicha propiedad en su declaración de impuestos, a menos que esté exenta conforme a las leyes de los Estados Unidos. File 2009 taxes free Este es el caso independientemente de si vive en o fuera de los Estados Unidos e independientemente de si recibe o no un Formulario 1099 del pagador. File 2009 taxes free Introduction Este capítulo trata sobre las consecuencias tributarias de vender o canjear bienes de inversión. File 2009 taxes free Entre los temas que se explican, se encuentran: Qué es una venta o canje. File 2009 taxes free Cómo calcular una ganancia o pérdida. File 2009 taxes free Canjes no sujetos a impuestos. File 2009 taxes free Transacciones entre partes vinculadas. File 2009 taxes free Pérdidas o ganancias de capital. File 2009 taxes free Bienes de capital y bienes que no son de capital. File 2009 taxes free Período de tenencia. File 2009 taxes free Reinversión de la ganancia proveniente de la venta de valores cotizados en bolsa. File 2009 taxes free Otras transacciones de bienes. File 2009 taxes free   Algunos traspasos de bienes no se tratan aquí. File 2009 taxes free Éstos se explican en otras publicaciones del IRS. File 2009 taxes free Dichas transacciones incluyen: La venta de una vivienda principal, que se explica en el capítulo 15. File 2009 taxes free Las ventas a plazos, las cuales se explican en la Publicación 537, Installment Sales (Ventas a plazo), en inglés. File 2009 taxes free Las transacciones que incluyen propiedades comerciales, las cuales se explican en la Publicación 544, Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de bienes), en inglés. File 2009 taxes free Las enajenaciones de una participación en una actividad pasiva, las cuales se explican en la Publicación 925, Passive Activity and At-Risk Rules (Actividad pasiva y las reglas sobre el monto de riesgo), en inglés. File 2009 taxes free    La Publicación 550, Investment Income and Expenses (Including Capital Gains and Losses) (Ingresos y gastos de inversión (incluidas ganancias y pérdidas de capital)), en inglés, provee información más detallada acerca de las ventas y canjes de bienes de inversión. File 2009 taxes free La Publicación 550 incluye información acerca de las reglas sobre deudas incobrables no empresariales, combinación de contratos de opción de compra y venta, contratos conforme a la sección 1256, contratos de opción de compra y venta, futuros de productos básicos, ventas en descubierto y ventas ficticias. File 2009 taxes free También trata sobre los gastos relacionados con las inversiones. File 2009 taxes free Useful Items - You may want to see: Publicación 550 Investment Income and Expenses (Ingresos y gastos de inversiones), en inglés Formulario (e Instrucciones) Anexo D (Formulario 1040) Capital Gains and Losses (Ganancias y pérdidas de capital), en inglés 8949 Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de activos de capital), en inglés 8824 Like-Kind Exchanges (Intercambios de bienes del mismo tipo), en inglés Ventas y Canjes Si durante el año vendió bienes como acciones, bonos o ciertos productos básicos a través de un agente corredor bursátil, por cada venta, éste debería entregarle el Formulario 1099-B, Proceeds From Broker and Barter Exchange Transactions (Ganancias de transacciones de agentes de bolsa y trueque), en inglés, o un documento sustitutivo. File 2009 taxes free Por lo general, debería recibir el documento a más tardar el 15 de febrero del año siguiente. File 2009 taxes free Este documento mostrará las ganancias brutas de la venta. File 2009 taxes free Si usted vendió un valor bursátil amparado en el año 2013, la base de éste se indicará en su Formulario 1099-B (o documento sustitutivo). File 2009 taxes free Por lo general, un valor bursátil amparado es un valor bursátil que usted adquirió después de 2010 con ciertas excepciones. File 2009 taxes free Vea las Instrucciones para el Formulario 8949, en inglés. File 2009 taxes free El corredor le entregará al IRS una copia del Formulario 1099-B. File 2009 taxes free Use el Formulario 1099-B (o documento sustitutivo que le haya entregado el agente) para completar el Formulario 8949. File 2009 taxes free Qué es una Venta o Canje En esta sección se explica qué es una venta o canje. File 2009 taxes free También se explican ciertas transacciones y ciertos acontecimientos que se tratan como ventas o canjes. File 2009 taxes free Normalmente, una “venta” es el traspaso de bienes por dinero o hipoteca, pagaré u otra promesa de pago. File 2009 taxes free Un “canje” es el traspaso de bienes por otros bienes o servicios y se pueden imponer impuestos del mismo modo que una venta. File 2009 taxes free Compra y venta. File 2009 taxes free   Normalmente, una transacción no es un canje cuando vende voluntariamente bienes a cambio de efectivo e inmediatamente compra bienes similares para reponerlos. File 2009 taxes free La venta y compra son dos transacciones separadas. File 2009 taxes free No obstante, consulte Intercambios de bienes del mismo tipo bajo Canjes no Sujetos a Impuestos, más adelante. File 2009 taxes free Redención de acciones. File 2009 taxes free   Una redención de acciones se considera una venta o canje y está sujeta a las disposiciones de pérdidas o ganancias de capital a menos que la misma sea un dividendo u otra distribución de acciones. File 2009 taxes free Dividendo versus venta o canje. File 2009 taxes free   Una redención se trata como venta, canje, dividendo u otra distribución dependiendo de las circunstancias de cada caso. File 2009 taxes free Se tendrá en cuenta tanto la titularidad directa como la titularidad indirecta de la cartera de acciones. File 2009 taxes free La redención se considera una venta o canje de acciones si: La redención no es esencialmente equivalente a un dividendo (consulte el capítulo 8); Existe una redención de acciones muy desproporcionada; Existe una redención total de todas las acciones de la sociedad anónima que posee el accionista o Esta redención es una distribución en la liquidación parcial de una sociedad anónima. File 2009 taxes free Redención o cancelación de bonos. File 2009 taxes free   Normalmente, una redención o cancelación de bonos o pagarés al vencimiento se considera venta o canje. File 2009 taxes free   Además, una modificación significativa de un bono se trata como un canje del bono original por uno nuevo. File 2009 taxes free Para más información, vea la sección 1. File 2009 taxes free 1001-3 del Reglamento. File 2009 taxes free Rescate de acciones. File 2009 taxes free   El rescate de acciones efectuado por un accionista predominante que retiene la titularidad de más de la mitad de las acciones con derecho de voto pertenecientes a la sociedad anónima se considera una aportación al capital y no una pérdida inmediata deducible del ingreso sujeto a impuestos. File 2009 taxes free El accionista rescatante tiene que reasignar su base de las acciones rescatadas a las acciones que retuvo. File 2009 taxes free Valores bursátiles sin valor. File 2009 taxes free    Todas las acciones, los derechos de suscripción y bonos (que no sean aquéllos para la venta por un agente de valores) que perdieron por completo su valor durante el año tributario se considerarán vendidos el último día del año tributario. File 2009 taxes free Esto es aplicable si su pérdida de capital es de largo o corto plazo. File 2009 taxes free Consulte Período de Tenencia , más adelante. File 2009 taxes free   Los valores bursátiles sin valor incluyen también aquéllos abandonados después del 12 de marzo de 2008. File 2009 taxes free Para abandonar valores, tiene que renunciar permanentemente a todo derecho a los mismos sin recibir compensación alguna a cambio de éstos. File 2009 taxes free Todos los hechos y circunstancias determinan si la transacción se caracteriza correctamente como abandono u otro tipo de transacción, como una venta o intercambio, aportación al capital, dividendo o regalo. File 2009 taxes free    Si es contribuyente que usa el método de efectivo y realiza los pagos con un pagaré negociable que emitió para acciones que luego perdieron su valor, puede deducir estos pagos como pérdidas en los años en que realmente hizo los pagos. File 2009 taxes free No los deduzca en el año en que las acciones perdieron su valor. File 2009 taxes free Cómo declarar pérdidas. File 2009 taxes free    Declare los valores bursátiles sin valor en la Parte I o en la Parte II del Formulario 8949, según corresponda. File 2009 taxes free En la columna (a), anote “Worthless” (Sin valor). File 2009 taxes free Declare las transacciones de valores bursátiles sin valor en el Formulario 8949. File 2009 taxes free Marque el recuadro apropiado que corresponda a la clase de transacción. File 2009 taxes free Vea el Formulario 8949 y las Instrucciones para el Formulario 8949, en inglés. File 2009 taxes free Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), Capital Gains and Losses (Ganancias y pérdidas de capital), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. File 2009 taxes free Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. File 2009 taxes free Cómo reclamar un reembolso. File 2009 taxes free   Si no reclama una pérdida de valores bursátiles sin valor en la declaración original del año en que perdieron su valor, puede reclamar un crédito o reembolso por pérdidas. File 2009 taxes free Tiene que usar el Formulario 1040X, Amended U. File 2009 taxes free S. File 2009 taxes free Individual Income Tax Return (Declaración enmendada del impuesto federal estadounidense sobre los ingresos personales), en inglés, para enmendar la declaración del año en que sus valores perdieron valor. File 2009 taxes free Tiene que presentar la declaración dentro de los 7 años a partir de la fecha en la que tenía que presentar su declaración original para ese año, o bien dentro de un plazo de 2 años a partir de la fecha en que pagó el impuesto, lo que suceda más tarde. File 2009 taxes free Para obtener más información acerca de cómo presentar una reclamación, consulte Declaraciones Enmendadas y Reclamaciones de Reembolso en el capítulo 1. File 2009 taxes free Cómo Calcular Pérdidas o Ganancias Calcule las pérdidas o ganancias en una venta o canje de bienes comparando la cantidad recibida con la base ajustada de los bienes. File 2009 taxes free Ganancia. File 2009 taxes free   Si la cantidad que recibe de una venta o canje es mayor que la base ajustada de los bienes que traspasa, la diferencia es una ganancia. File 2009 taxes free Pérdida. File 2009 taxes free   Si la base ajustada de los bienes que traspasa es mayor que la cantidad que recibe, la diferencia es una pérdida. File 2009 taxes free Base ajustada. File 2009 taxes free   La base ajustada de los bienes es su costo original u otra base original ajustada correctamente (aumentada o disminuida) para ciertos conceptos. File 2009 taxes free Consulte el capítulo 13 para obtener más información acerca de cómo determinar la base ajustada de bienes. File 2009 taxes free Cantidad recibida. File 2009 taxes free   La cantidad que recibe de la venta o canje de bienes es todo lo que recibe por dichos bienes menos los gastos relacionados con la venta (cargos por redención, comisiones de ventas, gastos de ventas o exit fees (gastos por rescate anticipado de una inversión colocada en un fondo)). File 2009 taxes free La cantidad recibida incluye el dinero que recibe, más el valor justo de mercado de los bienes o servicios que recibe. File 2009 taxes free Si recibe un pagaré u otro instrumento de deuda por dichos bienes, para calcular la cantidad recibida, consulte How To Figure Gain or Loss (Cómo calcular las pérdidas o ganancias) en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free Si financia la compra que hace el comprador de sus bienes (los de usted) y el instrumento de deuda no abarca los suficientes intereses establecidos, los intereses no establecidos que tiene que declarar como ingreso ordinario disminuirán la cantidad recibida de la venta. File 2009 taxes free Consulte la Publicación 537, en inglés, para obtener más información. File 2009 taxes free Valor justo de mercado. File 2009 taxes free   El valor justo de mercado es el precio que tienen los bienes al cambiar de dueño entre un comprador y un vendedor, sin que ninguno sea forzado a comprar o vender y teniendo ambos conocimiento razonable de todo hecho pertinente. File 2009 taxes free Ejemplo. File 2009 taxes free Usted canjea acciones de la Compañía A con una base ajustada de $7,000 por acciones de la Compañía B con un valor justo de mercado de $10,000, que es la cantidad que recibe. File 2009 taxes free Su ganancia es $3,000 ($10,000 − $7,000). File 2009 taxes free Deuda pagada por completo. File 2009 taxes free    Una deuda sobre los bienes, o en contra de usted, que se haya pagado por completo como parte de la transacción o que el comprador asuma, se tiene que incluir en la cantidad recibida. File 2009 taxes free Esto es aplicable aun si ni usted ni el comprador son personalmente responsables de la deuda. File 2009 taxes free Por ejemplo, si vende o canjea bienes que estén sujetos a un préstamo sin recurso, la cantidad que reciba generalmente incluye la cantidad total del pagaré asumido por el comprador, aun si la cantidad del pagaré es mayor que el valor justo de mercado de los bienes. File 2009 taxes free Ejemplo. File 2009 taxes free Usted vende acciones que ha dado en garantía para un préstamo bancario de $8,000. File 2009 taxes free Su base en las acciones es $6,000. File 2009 taxes free El comprador paga la totalidad de su préstamo bancario y le paga a usted $20,000 en efectivo. File 2009 taxes free La cantidad recibida es $28,000 ($20,000 + $8,000). File 2009 taxes free Su ganancia es $22,000 ($28,000 − $6,000). File 2009 taxes free Pago de efectivo. File 2009 taxes free   Si canjea bienes y efectivo por otros bienes, la cantidad que reciba es el valor justo de mercado de los bienes que reciba. File 2009 taxes free Determine sus pérdidas o ganancias restando el efectivo que pague más la base ajustada de los bienes que intercambie de la cantidad que reciba. File 2009 taxes free Si el resultado es un número positivo, es una ganancia. File 2009 taxes free Si el resultado es un número negativo, es una pérdida. File 2009 taxes free Sin pérdidas ni ganancias. File 2009 taxes free   Tal vez tenga que usar una base para calcular las ganancias distinta a la base para calcular las pérdidas. File 2009 taxes free En este caso, puede que no tenga ni ganancias ni pérdidas. File 2009 taxes free Consulte Base Distinta al Costo en el capítulo 13. File 2009 taxes free Canjes no Sujetos a Impuestos Esta sección trata sobre los canjes que no suelen generar una ganancia sujeta a impuestos o pérdida deducible. File 2009 taxes free Para obtener más información acerca de los canjes no sujetos a impuestos, consulte el capítulo 1 de la Publicación 544, en inglés. File 2009 taxes free Intercambio de bienes del mismo tipo. File 2009 taxes free   Si canjea bienes comerciales o de inversión por otros bienes comerciales o de inversión de un mismo tipo, no paga impuestos sobre las ganancias ni deduce pérdidas hasta que venda o enajene el bien que reciba. File 2009 taxes free Para estar exento de impuestos, el canje tiene que satisfacer las seis condiciones siguientes: Los bienes tienen que ser comerciales o de inversión. File 2009 taxes free Tiene que ser dueño de los bienes que canjea y los que recibe para fines de uso productivo en su ocupación o negocio o para inversión. File 2009 taxes free Ninguno de los bienes se puede usar para propósitos personales, como por ejemplo su vivienda o automóvil familiar. File 2009 taxes free Los bienes no pueden ser principalmente para la venta. File 2009 taxes free Los bienes que canjee y los que reciba no pueden ser bienes que venda a clientes, como mercancías. File 2009 taxes free Los bienes no pueden ser acciones, bonos, pagarés, derechos de acción, certificados de fideicomiso o derecho de usufructo ni otros valores o evidencia de deudas o intereses, incluidas las participaciones en sociedades colectivas. File 2009 taxes free Sin embargo, vea Special rules for mutual ditch, reservoir, or irrigation company stock (Reglas especiales para acciones de compañías de zanjas de uso compartido, embalses o represas o de riego) en el capítulo 4 de la Publicación 550 para ver una excepción. File 2009 taxes free Además, puede tener un canje no sujeto a impuestos de acciones de sociedades anónimas conforme a una regla distinta, como se describe más adelante. File 2009 taxes free Tiene que canjear bienes del mismo tipo. File 2009 taxes free El canje de bienes raíces por bienes raíces, o de bienes muebles por bienes muebles similares, es un canje de bienes del mismo tipo. File 2009 taxes free El canje de un edificio de apartamentos habitacional por un edificio de tienda o de un furgón por una camioneta es un canje de bienes del mismo tipo. File 2009 taxes free El canje de maquinaria por un edificio de tienda no es un canje de bienes del mismo tipo. File 2009 taxes free Los bienes raíces ubicados dentro de los Estados Unidos y aquéllos ubicados fuera de los Estados Unidos no son bienes del mismo tipo. File 2009 taxes free Asimismo, los bienes muebles utilizados predominantemente dentro de los Estados Unidos y los bienes muebles utilizados predominantemente fuera de los Estados Unidos no son bienes del mismo tipo. File 2009 taxes free Los bienes que se reciben tienen que identificarse por escrito dentro de los 45 días después de la fecha en que haya traspasado los bienes entregados en el canje. File 2009 taxes free Los bienes que se reciben tienen que recibirse a más tardar para una de las fechas siguientes, la que suceda antes: El día número 180 después de la fecha en que usted traspasó los bienes entregados en el canje o La fecha de vencimiento, incluidas las prórrogas, de su declaración de impuestos del año en que se produzca el traspaso de los bienes entregados en el canje. File 2009 taxes free   Puede aplicar una regla especial si canjea bienes con una parte vinculada en un intercambio de bienes del mismo tipo. File 2009 taxes free Consulte Transacciones entre Partes Vinculadas , más adelante en este capítulo. File 2009 taxes free Además, consulte el capítulo 1 de la Publicación 544, en inglés, para obtener más información acerca de los intercambios de bienes comerciales y de reglas especiales para intercambios con intermediarios calificados o de varios bienes. File 2009 taxes free Intercambio parcialmente no sujeto a impuestos. File 2009 taxes free   Si recibe dinero o bienes que no son del mismo tipo además de bienes del mismo tipo, y se cumplen las seis condiciones anteriores, significa que tiene un canje parcialmente no sujeto a impuestos. File 2009 taxes free Se gravan impuestos sobre las ganancias que obtenga, pero sólo hasta la cantidad de dinero y el valor justo de mercado de los bienes que reciba que no sean del mismo tipo. File 2009 taxes free No puede deducir una pérdida. File 2009 taxes free Traspaso de bienes del mismo tipo y de bienes que no son del mismo tipo. File 2009 taxes free   Si entrega bienes que no son del mismo tipo además de bienes del mismo tipo, tiene que reconocer pérdidas o ganancias en aquéllos que entregue que no sean del mismo tipo. File 2009 taxes free Las pérdidas o ganancias son la diferencia entre la base ajustada de los bienes que no son del mismo tipo y su valor justo de mercado. File 2009 taxes free Bienes del mismo tipo y dinero traspasados. File 2009 taxes free   Si se satisfacen todas las condiciones (1) a (6) que aparecen enumeradas anteriormente, tiene un canje no sujeto a impuestos aun si paga dinero además de los bienes del mismo tipo. File 2009 taxes free Base de bienes recibidos. File 2009 taxes free   Para calcular la base de los bienes recibidos, consulte Intercambios no Tributables en el capítulo 13. File 2009 taxes free Cómo declarar el canje. File 2009 taxes free   Tiene que declarar el canje de bienes del mismo tipo en el Formulario 8824, Like-Kind Exchanges (Intercambio de bienes del mismo tipo) en inglés. File 2009 taxes free Si calcula pérdidas o ganancias reconocidas en el Formulario 8824, declárelas en el Anexo D (Formulario 1040) o en el Formulario 4797, Sales of Business Property (Ventas de bienes comerciales), en inglés, según corresponda. File 2009 taxes free Vea las instrucciones para la línea 22 en las Instrucciones para el Formulario 8824, disponibles en inglés. File 2009 taxes free   Para obtener más información acerca del uso del Formulario 4797, consulte el capítulo 4 de la Publicación 544, en inglés. File 2009 taxes free Acciones de sociedades anónimas. File 2009 taxes free   Los siguientes canjes de acciones de sociedades anónimas generalmente no resultan en una ganancia sujeta a impuestos o pérdida deducible. File 2009 taxes free Reorganizaciones de sociedades anónimas. File 2009 taxes free   En algunos casos, una compañía le entregará acciones ordinarias a cambio de acciones preferentes, acciones preferentes a cambio de acciones ordinarias, o bien acciones de una sociedad anónima a cambio de acciones de otra. File 2009 taxes free Si esto es resultado de una fusión, recapitalización, traspaso a una sociedad anónima controlada, bancarrota (quiebra), división de sociedades anónimas, adquisición de sociedades anónimas u otra reorganización de sociedades anónimas, usted no reconoce pérdidas ni ganancias. File 2009 taxes free Acciones por acciones de la misma sociedad anónima. File 2009 taxes free   Puede intercambiar acciones ordinarias por acciones ordinarias o acciones preferentes por acciones preferentes de la misma sociedad anónima sin tener pérdidas ni ganancias reconocidas. File 2009 taxes free Esto es aplicable en un canje entre dos accionistas y también en un canje entre un accionista y la sociedad anónima. File 2009 taxes free Acciones y bonos convertibles. File 2009 taxes free   Normalmente, no tendrá pérdidas ni ganancias reconocidas si convierte bonos en acciones o acciones preferentes en acciones ordinarias de la misma sociedad anónima, según un privilegio de conversión en los términos del bono o del certificado de las acciones preferentes. File 2009 taxes free Bienes por acciones de una sociedad anónima controlada. File 2009 taxes free   Si traspasa bienes a una sociedad anónima únicamente a cambio de acciones de esa sociedad anónima, e inmediatamente después del canje usted se queda con el control de la sociedad anónima, normalmente no reconocerá pérdidas ni ganancias. File 2009 taxes free Esta regla se aplica a personas físicas y a grupos que traspasan bienes a una sociedad anónima. File 2009 taxes free No es aplicable si la sociedad anónima es una sociedad inversionista. File 2009 taxes free   Para estos efectos y para estar en control de una sociedad anónima, usted o su grupo de cesionistas tiene que poseer, inmediatamente después del intercambio, por lo menos el 80% del poder total combinado de votos de todas las clases de acciones con derecho a voto y por lo menos el 80% de las acciones en circulación de cada clase de acción sin derecho a voto de la sociedad anónima. File 2009 taxes free   Si esta disposición es aplicable en su caso, puede tener que tenga que adjuntar a la declaración de impuestos una declaración completa de todo hecho pertinente al intercambio. File 2009 taxes free Para más detalles, vea la sección 1. File 2009 taxes free 351-3 del Reglamento. File 2009 taxes free Información adicional. File 2009 taxes free   Para obtener más información acerca de los canjes de acciones, consulte Nontaxable Trades (Canjes no sujetos a impuestos) en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free Pólizas de seguros y anualidades. File 2009 taxes free   No tendrá ganancias ni pérdidas reconocidas si el asegurado o pensionista es el mismo en ambos contratos y usted intercambia: Un contrato de seguro de vida por otro contrato de seguro de vida o por un contrato dotal o de anualidad, o por un contrato de cuidados a largo plazo calificado; Un contrato dotal por otro contrato dotal que estipule pagos regulares, a partir de una fecha no posterior a la fecha de inicio conforme al contrato antiguo o por un contrato de anualidad o por un contrato de cuidados a largo plazo calificado; Un contrato de anualidad por otro contrato de anualidad o por un contrato de cuidados a largo plazo calificado o Un contrato de cuidados a largo plazo calificado por un contrato de cuidados a largo plazo calificado. File 2009 taxes free   Puede que tampoco tenga que reconocer pérdidas ni ganancias en un intercambio de parte de un contrato de anualidad por otro contrato de anualidad. File 2009 taxes free Para información sobre traspasos completados antes del 24 de octubre de 2011, consulte la Revenue Ruling 2003-76 (Resolución Administrativa Tributaria 2003-76 en el Internal Revenue Bulletin 2003-33 (Boletín de Impuestos Internos 2003-33), en inglés, y la Revenue Procedure 2008-24 (Procedimiento Tributario 2008-24) en el Internal Revenue Bulletin 2008-13 (Boletín de Impuestos Internos 2008-13). File 2009 taxes free La Resolución Administrativa Tributaria 2003-76 está disponible en www. File 2009 taxes free irs. File 2009 taxes free gov/irb/2003-33_IRB/ar11. File 2009 taxes free html. File 2009 taxes free El Procedimiento Tributario 2008-24 está disponible en www. File 2009 taxes free irs. File 2009 taxes free gov/irb/2008-3_IRB/ar13. File 2009 taxes free html. File 2009 taxes free Para información sobre traspasos completados el 24 de octubre de 2011 o después, consulte la Resolución Administrativa Tributaria 2003-76, indicada anteriormente, y el Revenue Procedure 2011-38 (Procedimiento Tributario 2011-38) en el Internal Revenue Bulletin 2011-30 (Boletín de Impuestos Internos 2011-30), en inglés. File 2009 taxes free El Procedimiento Tributario 2011-38 está disponible en www. File 2009 taxes free irs. File 2009 taxes free gov/irb/2011-30_IRB/ar09. File 2009 taxes free html. File 2009 taxes free   Para años tributarios que empiezan después del 31 de diciembre de 2010, las cantidades recibidas como una anualidad por un período de 10 años o más o por la vida de una o más personas físicas, conforme a cualquier parte de un contrato de anualidad, contrato dotal o de seguro de vida, son tratadas como un contrato por separado y se consideran anualidades parciales. File 2009 taxes free Puede empezar a recibir los pagos correspondientes a una parte de una anualidad, contrato dotal o contrato de seguro de vida (anualización), provisto que el período de su distribución sea por 10 años o más, o por la vida de una o más personas físicas. File 2009 taxes free La inversión en el contrato es asignada entre la parte del contrato cuyas cantidades se reciban como una anualidad y la parte del contrato cuyas cantidades no se reciban como una anualidad. File 2009 taxes free   Los intercambios de contratos no incluidos en esta lista, como por ejemplo un contrato de anualidad por un contrato de seguro dotal, o bien un contrato de seguro dotal o anualidad por un contrato de seguro de vida, están sujetos a impuestos. File 2009 taxes free Desmutualización de compañías de seguros de vida. File 2009 taxes free   Si recibió acciones a cambio de su participación en el patrimonio neto como titular de póliza o pensionista, normalmente no tendrá pérdidas ni ganancias reconocidas. File 2009 taxes free Consulte Demutualization of Life Insurance Companies (Desmutualización de compañías de seguros de vida) en la Publicación 550, en inglés. File 2009 taxes free Pagarés o bonos del Tesoro de los Estados Unidos. File 2009 taxes free   Puede canjear ciertas emisiones de obligación del Tesoro de los Estados Unidos por otras emisiones designadas por el Secretario del Tesoro, sin pérdidas ni ganancias reconocidas en el canje. File 2009 taxes free Vea información adicional sobre este tema en el tema titulado Savings bonds traded (Cambio de los bonos de ahorro), en el capítulo 1 de la Publicación 550, en inglés. File 2009 taxes free Traspasos entre Cónyuges En general, no se reconocen las pérdidas ni las ganancias en un traspaso de bienes de una persona física a (o en fideicomiso para el beneficio de) un cónyuge, o en caso de divorcio, a un ex cónyuge. File 2009 taxes free Esta regla de no reconocimiento no es aplicable en las siguientes situaciones: El cónyuge o ex cónyuge beneficiario es extranjero no residente. File 2009 taxes free Se traspasan bienes en fideicomiso y la obligación excede de la base. File 2009 taxes free Las ganancias tienen que ser reconocidas en la medida en que la cantidad de las obligaciones asumidas por el fideicomiso, más las demás obligaciones sobre los bienes, sean mayores que la base ajustada de los mismos. File 2009 taxes free Para otras situaciones, vea el tema titulado Transfers Between Spouses (Traspasos entre cónyuges), en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free El beneficiario trata todo traspaso de bienes a un cónyuge o ex cónyuge, sobre el cual no se reconocen pérdidas ni ganancias, como un regalo y no se considera venta ni intercambio. File 2009 taxes free La base del beneficiario en los bienes será la misma que la base ajustada del donante inmediatamente antes del traspaso. File 2009 taxes free Esta regla de traslado de la base se aplica independientemente de si la base ajustada de bienes traspasados es menor que, igual a, o mayor que el valor justo de mercado al momento del traspaso o menor que, igual a, o mayor que toda compensación pagada por el beneficiario. File 2009 taxes free Esta regla es aplicable en la determinación de ganancias y pérdidas. File 2009 taxes free Una ganancia reconocida sobre un traspaso de fideicomiso aumenta la base. File 2009 taxes free Un traspaso de bienes está relacionado con un divorcio si el traspaso sucede dentro de 1 año después de la fecha en la que termina el matrimonio o si se relaciona con la terminación del matrimonio. File 2009 taxes free Transacciones entre Partes Vinculadas Hay reglas especiales que son aplicables a la venta o canje de bienes entre partes vinculadas. File 2009 taxes free Ganancias sobre ventas o canje de bienes depreciables. File 2009 taxes free   Su ganancia de la venta o canje de bienes a una parte vinculada puede ser ingreso ordinario, y no ganancia de capital, si la parte que recibe los bienes puede depreciarlos. File 2009 taxes free Para obtener más información, consulte el capítulo 3 de la Publicación 544, en inglés. File 2009 taxes free Intercambio de bienes del mismo tipo. File 2009 taxes free   Normalmente, si canjea bienes comerciales o de inversión por otros bienes comerciales o de inversión del mismo tipo, no se reconocen pérdidas ni ganancias. File 2009 taxes free Consulte Intercambios de bienes del mismo tipo , anteriormente, bajo Canjes no Sujetos a Impuestos. File 2009 taxes free   Esta regla también es aplicable a los canjes de bienes entre partes vinculadas, lo que se define a continuación en Pérdidas sobre ventas o canjes de bienes . File 2009 taxes free Sin embargo, si usted o la parte vinculada enajena los bienes del mismo tipo dentro de los 2 años después del canje, ambos tienen que declarar pérdidas o ganancias no reconocidas en el canje original en la declaración presentada para el año en que se produzca la última enajenación. File 2009 taxes free Las excepciones a esta regla se hallan en el tema titulado Related Party Transactions (Transacciones entre partes vinculadas), en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free Pérdidas sobre ventas o canjes de bienes. File 2009 taxes free   No puede deducir una pérdida sobre la venta o canje de bienes, salvo una distribución de la liquidación completa de una sociedad anónima, si la transacción se hace directa o indirectamente entre usted y las siguientes partes vinculadas: Miembros de su familia. File 2009 taxes free Incluye únicamente a sus hermanos y hermanas, medios hermanos y medias hermanas, cónyuge, antecesores (padres, abuelos, etc. File 2009 taxes free ) y descendientes directos (hijos, nietos, etcétera). File 2009 taxes free Una sociedad colectiva en la que tuvo directa o indirectamente más del 50% de la participación en el capital o en las utilidades. File 2009 taxes free Una sociedad anónima en la que tuvo directa o indirectamente más del 50% del valor de las acciones en circulación. File 2009 taxes free Consulte Propiedad implícita de acciones , más adelante. File 2009 taxes free Una organización caritativa o educativa exenta de impuestos que usted o un miembro de su familia controla directa o indirectamente, de cualquier forma o método, sin importar si este control es ejecutable legalmente. File 2009 taxes free   Además, no se puede deducir una pérdida sobre la venta o canje de bienes, si la transacción se hace directa o indirectamente entre las siguientes partes vinculadas: Un cesionista y un fiduciario, o el fiduciario y el beneficiario, de cualquier fideicomiso. File 2009 taxes free Fiduciarios de dos fideicomisos diferentes, o el fiduciario y el beneficiario de dos fideicomisos diferentes, si la misma persona es el cesionista de ambos fideicomisos. File 2009 taxes free Un fiduciario de fideicomiso y una sociedad anónima en la que más del 50% del valor de las acciones en circulación son de propiedad directa o indirecta del fideicomiso o para el mismo, o bien del cesionista del fideicomiso o para el mismo. File 2009 taxes free Una sociedad anónima y una sociedad colectiva si las mismas personas poseen más del 50% del valor de las acciones en circulación de la sociedad anónima y más del 50% de participación en el capital o participación en las utilidades de la sociedad colectiva. File 2009 taxes free Dos sociedades anónimas de tipo S si las mismas personas poseen más del 50% del valor de las acciones en circulación de cada sociedad anónima. File 2009 taxes free Dos sociedades anónimas, una de las cuales es una sociedad anónima de tipo S, si las mismas personas poseen más del 50% del valor de las acciones en circulación de cada sociedad anónima. File 2009 taxes free Un albacea y un beneficiario de un caudal hereditario (excepto en el caso de venta o canje para satisfacer una asignación testamentaria pecuniaria). File 2009 taxes free Dos sociedades anónimas que sean miembros del mismo grupo controlado. File 2009 taxes free (Sin embargo, en ciertas condiciones estas pérdidas no son denegadas, pero se tienen que diferir). File 2009 taxes free Dos sociedades colectivas si las mismas personas poseen, directa o indirectamente, más del 50% de la participación en el capital o de las utilidades en ambas sociedades colectivas. File 2009 taxes free Ventas o canjes de bienes múltiples. File 2009 taxes free   Si vende a una parte vinculada o canjea con ésta una cantidad de paquetes de acciones o bienes en una suma global, tiene que calcular las pérdidas o ganancias por separado para cada paquete de acciones o bienes. File 2009 taxes free Es posible que la ganancia por cada artículo pueda estar sujeta a impuestos. File 2009 taxes free Sin embargo, no puede deducir la pérdida de artículo alguno. File 2009 taxes free Tampoco puede reducir las ganancias provenientes de la venta de ninguno de estos artículos por las pérdidas provenientes de la venta de ninguno de los demás artículos. File 2009 taxes free Transacciones indirectas. File 2009 taxes free   No puede deducir las pérdidas de la venta de acciones a través de su agente si, conforme a un plan dispuesto previamente, una parte vinculada compra las mismas acciones que eran de usted. File 2009 taxes free Esto no es aplicable a un canje entre partes vinculadas a través de un intercambio que sea absolutamente fortuito y que no haya sido programado con antelación. File 2009 taxes free Propiedad implícita de acciones. File 2009 taxes free   Para determinar si una persona posee directa o indirectamente acciones vigentes de una sociedad anónima, se aplican las siguientes reglas: Regla 1. File 2009 taxes free   Las acciones de propiedad directa o indirecta de o para una sociedad anónima, sociedad colectiva, caudal hereditario o fideicomiso se consideran de propiedad proporcionalmente por o para sus accionistas, socios o beneficiarios. File 2009 taxes free Regla 2. File 2009 taxes free   Se considera que una persona es propietaria de las acciones poseídas directa o indirectamente por o para su familia. File 2009 taxes free La familia incluye únicamente a hermanos y hermanas, medios hermanos y medias hermanas, cónyuge, antecesores y descendientes directos. File 2009 taxes free Regla 3. File 2009 taxes free   Se considera que una persona física que sea propietaria de acciones de una sociedad anónima, siempre y cuando no sea mediante la aplicación de la Regla 2, es propietaria de las acciones de las cuales su socio es propietario directo o indirecto. File 2009 taxes free Regla 4. File 2009 taxes free   Al aplicar la Regla 1, 2 ó 3, las acciones de las cuales es dueña implícita una persona conforme a la Regla 1 se consideran realmente propiedad de esa persona. File 2009 taxes free Sin embargo, las acciones de propiedad implícita de una persona bajo la Regla 2 ó 3 no se consideran propiedad de esa persona si se usa nuevamente la Regla 2 ó 3 para hacer que otra persona sea el propietario implícito de dichas acciones. File 2009 taxes free Bienes recibidos de una parte vinculada. File 2009 taxes free    Si vende o canjea con ganancia bienes que adquirió de una parte vinculada, usted reconoce la ganancia solamente en la medida en que sea más que la pérdida previamente denegada a la parte vinculada. File 2009 taxes free Esta regla es aplicable solamente si es cesionario original y adquiere los bienes mediante compra o intercambio. File 2009 taxes free Esta regla no es aplicable si las pérdidas de la parte vinculada fueron denegadas debido a reglas de las ventas ficticias descritas en el capítulo 4 de la Publicación 550 bajo Wash Sales (Ventas ficticias), en inglés. File 2009 taxes free   Si vende o canjea con pérdida bienes que adquirió de una parte vinculada, no puede reconocer la pérdida que no fue permisible para la parte vinculada. File 2009 taxes free Ejemplo 1. File 2009 taxes free Su hermano le vende acciones por $7,600. File 2009 taxes free Su base de costo es $10,000. File 2009 taxes free Su hermano no puede deducir la pérdida de $2,400. File 2009 taxes free Después, usted vende las mismas acciones a una parte no vinculada por $10,500, obteniendo una ganancia de $2,900. File 2009 taxes free La ganancia a declarar es $500, es decir, la ganancia de $2,900 menos la pérdida de $2,400 no permitida a su hermano. File 2009 taxes free Ejemplo 2. File 2009 taxes free Si en el Ejemplo 1 usted vende las acciones por $6,900 en lugar de $10,500, su pérdida reconocida es solamente $700 (su base de $7,600 menos $6,900). File 2009 taxes free No puede deducir la pérdida no permitida a su hermano. File 2009 taxes free Pérdidas y Ganancias de Capital Esta sección explica el trato tributario de las ganancias y pérdidas de diferentes tipos de transacciones de inversiones. File 2009 taxes free Carácter de las pérdidas o ganancias. File 2009 taxes free   Debe clasificar sus ganancias y pérdidas como pérdidas o ganancias ordinarias o de capital. File 2009 taxes free Luego, debe clasificar sus ganancias y pérdidas de capital, ya sea a corto plazo o a largo plazo. File 2009 taxes free Si tiene ganancias y pérdidas a largo plazo, tiene que identificar las ganancias y pérdidas a una tasa de 28%. File 2009 taxes free Si tiene ganancias netas de capital, también tiene que identificar toda ganancia no recuperada conforme a la sección 1250. File 2009 taxes free   La clasificación e identificación correcta le ayuda a calcular el límite sobre las pérdidas de capital y el impuesto correcto sobre las ganancias de capital. File 2009 taxes free La declaración de las ganancias y pérdidas de capital se explica en el capítulo 16 . File 2009 taxes free Pérdidas o Ganancias Ordinarias o de Capital Si tiene una ganancia sujeta a impuestos o una pérdida deducible proveniente de una transacción, es posible que sea ganancia o pérdida ordinaria o de capital, dependiendo de las circunstancias. File 2009 taxes free Normalmente, la venta o canje de bienes de capital (definido a continuación) resulta en una pérdida o ganancia de capital. File 2009 taxes free La venta o canje de bienes que no son de capital generalmente resulta en una pérdida o ganancia ordinaria. File 2009 taxes free Según las circunstancias, una pérdida o ganancia sobre la venta o canje de bienes utilizados en su ocupación o negocio puede tratarse como ordinaria o de capital, como se explica en la Publicación 544, en inglés. File 2009 taxes free En algunas situaciones, parte de las pérdidas o ganancias puede ser pérdida o ganancia de capital y otra parte puede ser pérdida o ganancia ordinaria. File 2009 taxes free Bienes de Capital y Bienes que no Son de Capital La mayor parte de los bienes que usted posee y usa para fines personales, de placer o inversión constituye bienes de capital. File 2009 taxes free Ejemplos de éstos incluyen: Acciones o bonos que tenga en su cuenta personal; Una vivienda de la cual usted es dueño y que usan usted y su familia; Mobiliario doméstico; Un automóvil usado para recreación o para trasladarse de su hogar a su trabajo; Colecciones de monedas o estampillas; Gemas y joyas y Oro, plata o cualquier otro metal. File 2009 taxes free Todo bien que usted posea es bien de capital, a excepción de los siguientes bienes que no son de capital: Los bienes que posee principalmente para la venta a clientes o que físicamente formarán parte de la mercancía para la venta a clientes. File 2009 taxes free Para una excepción a esta regla, vea Obras Musicales de Creación Propia Tratadas como Bienes de Capital , más adelante. File 2009 taxes free Bienes depreciables usados en su ocupación o negocio, aun cuando estén completamente depreciados. File 2009 taxes free Bienes raíces que usa en su ocupación o negocio. File 2009 taxes free Derechos de autor, composiciones literarias, musicales o artísticas, cartas o memorandos, o bienes similares que sean: Creados con su propio esfuerzo, Preparados o producidos para usted (en el caso de una carta, memorándum o bienes similares) o Adquiridos bajo ciertas circunstancias (por ejemplo, como regalo), dándole a usted derecho a la base de la persona que creó la propiedad o para quien se preparó o se produjo. File 2009 taxes free Para una excepción a esta regla, vea Obras Musicales de Creación Propia Tratadas como Bienes de Capital , más adelante. File 2009 taxes free Cuentas o documentos por cobrar adquiridos en el curso normal de su ocupación o negocio por servicios prestados o provenientes de la venta de bienes que se describen en el punto (1). File 2009 taxes free Publicaciones del Gobierno de los Estados Unidos que recibió del gobierno en forma gratuita o por menos del precio de venta normal, o que compró en circunstancias que le dieron derecho a la base de alguien que recibió las publicaciones en forma gratuita o por menos del precio de venta normal. File 2009 taxes free Algunos instrumentos financieros derivados de productos básicos mantenidos por revendedores de derivados de productos básicos. File 2009 taxes free Transacciones de cobertura, pero sólo si la transacción está claramente identificada como transacción de este tipo antes del cierre del día en que se adquirió, se originó o en que usted la firmó. File 2009 taxes free Suministros del tipo que se usa o consume regularmente en el curso normal de su ocupación o negocio. File 2009 taxes free Bienes de Inversión Los bienes de inversión son bienes de capital. File 2009 taxes free Normalmente, una ganancia o pérdida proveniente de su venta o canje es una ganancia o pérdida de capital. File 2009 taxes free Oro, plata, estampillas, monedas, gemas, etcétera. File 2009 taxes free   Éstos son bienes de capital, excepto cuando están en posesión de un revendedor con fines de venta. File 2009 taxes free Normalmente, la pérdida o ganancia que asume de esta venta o canje es una pérdida o ganancia de capital. File 2009 taxes free Acciones, derechos de suscripción y bonos. File 2009 taxes free   Todo lo anterior (incluidas las acciones recibidas como dividendo) son bienes de capital, excepto cuando un revendedor de valores los tiene para la venta. File 2009 taxes free Sin embargo, si posee acciones de un pequeño negocio, consulte Pérdidas en Acciones conforme a la Sección 1244 (Pequeño Negocio) , más adelante, y Losses on Small Business Investment Company Stock (Pérdidas sobre acciones de sociedad inversionista especializada en pequeños negocios), en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free Bienes de Uso Personal Los bienes mantenidos sólo para uso personal y no para inversión son bienes de capital y, por lo tanto, tiene que declarar una ganancia procedente de su venta como ganancia de capital. File 2009 taxes free Sin embargo, no puede deducir una pérdida por la venta de bienes de uso personal. File 2009 taxes free Obras Musicales de Creación Propia Tratadas como Bienes de Capital Puede optar por tratar las obras musicales y los derechos de autor asociados con obras musicales como bienes de capital al venderlos o intercambiarlos si: Creó dichos bienes por medio de sus propios esfuerzos o Adquirió los bienes bajo condiciones (como regalo, por ejemplo) que le dieron derecho a la base de la persona que creó dichos bienes o de la persona para quien fueron preparados o producidos. File 2009 taxes free Tiene que elegir una opción distinta para cada obra musical (o derecho de autor asociado con una obra musical) vendida o intercambiada durante el año tributario. File 2009 taxes free Tiene que elegir la opción en, o antes de, la fecha de vencimiento del plazo de entrega (incluyendo prórrogas) de la declaración de impuestos del año de la venta o intercambio. File 2009 taxes free Tiene que anotar la opción en el Formulario 8949, considerando la venta o intercambio como venta o intercambio de bienes de capital, conforme al Formulario 8949, el Anexo D (Formulario 1040) y sus instrucciones por separado, en inglés. File 2009 taxes free Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. File 2009 taxes free Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. File 2009 taxes free Puede revocar esta opción si el IRS se lo aprueba. File 2009 taxes free Para obtener la aprobación del IRS, tiene que enviar una solicitud al IRS para que éste le provea una carta de decisión sobre este asunto tributario conforme al Revenue Procedure (Procedimiento tributario) correspondiente a su situación. File 2009 taxes free Vea, por ejemplo, el Procedimiento Tributario 2013-1, rectificado por el Anuncio 2013-9, que fue ampliado y modificado a su vez por el Procedimiento Tributario 2013-32, en el Internal Revenue Bulletin (Boletín de Impuestos Internos), en inglés, en www. File 2009 taxes free irs. File 2009 taxes free gov/irb/2013-01_IRB/ar06. File 2009 taxes free html. File 2009 taxes free Como alternativa, se le otorga una prórroga automática de 6 meses a partir de la fecha de vencimiento del plazo de entrega de su declaración de impuestos sobre el ingreso (excluyendo prórrogas) para revocar la opción, con la condición de que presente a tiempo la declaración de impuestos sobre el ingreso y, durante este plazo de prórroga de 6 meses, presente el Formulario 1040X en el que la venta o intercambio se considere como venta o intercambio de bienes no de capital. File 2009 taxes free Instrumentos de Deuda Descontados Trate como ganancia o pérdida de capital su pérdida o ganancia de la venta, rescate o retiro de un bono u otro instrumento de deuda originalmente emitido con descuento o comprado con descuento, excepto según se explica a continuación. File 2009 taxes free Deudas gubernamentales a corto plazo. File 2009 taxes free   Trate las ganancias sobre las deudas de un gobierno federal, estatal o local a corto plazo (que no sean deudas exentas de impuestos) como ingresos ordinarios hasta su parte proporcional del descuento de adquisición. File 2009 taxes free Este trato se aplica a deudas que tienen una fecha de vencimiento fija de no más de 1 año a partir de la fecha de emisión. File 2009 taxes free El descuento de adquisiciones es el precio de rescate establecido al vencimiento menos la base de la deuda. File 2009 taxes free   Sin embargo, no trate estas ganancias como ingreso en la medida en que haya incluido previamente el descuento en los ingresos. File 2009 taxes free Consulte Discount on Short-Term Obligations (Descuento sobre deudas a corto plazo) en el capítulo 1 de la Publicación 550, en inglés. File 2009 taxes free Deudas no gubernamentales a corto plazo. File 2009 taxes free   Trate las ganancias sobre las deudas no gubernamentales a corto plazo como ingresos ordinarios hasta su parte proporcional del descuento de la emisión original (OID, por sus siglas en inglés). File 2009 taxes free Este trato se aplica a deudas que tienen una fecha de vencimiento fija de no más de 1 año a partir de la fecha de emisión. File 2009 taxes free   Sin embargo, no tiene que volver a incluir en los ingresos la parte del descuento que haya incluido previamente en los mismos. File 2009 taxes free Consulte Discount on Short-Term Obligations (Descuento sobre deudas a corto plazo) en el capítulo 1 de la Publicación 550, en inglés. File 2009 taxes free Bonos de gobiernos estatales y locales exentos de impuestos. File 2009 taxes free   Si estos bonos se emitieron originalmente con un descuento antes del 4 de septiembre de 1982, o bien si los adquirió antes del 2 de marzo de 1984, trate su parte del OID como intereses exentos de impuestos. File 2009 taxes free Para calcular las pérdidas o ganancias por la venta o canje de estos bonos, reste su parte del OID de la cantidad obtenida. File 2009 taxes free   Si los bonos fueron emitidos después del 3 de septiembre de 1982 y adquiridos después del 1 de marzo de 1984, sume a la base ajustada su parte del OID para calcular la pérdida o ganancia. File 2009 taxes free Para obtener más información acerca de la base de estos bonos, consulte Discounted Debt Instruments (Instrumentos de deuda descontados) en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free   Normalmente, las ganancias del descuento comercial están sujetas a impuestos sobre la enajenación o rescate de los bonos exentos de impuestos. File 2009 taxes free Si compró los bonos antes del 1 de mayo de 1993, la ganancia del descuento comercial es una ganancia de capital. File 2009 taxes free Si compró los bonos después del 30 de abril de 1993, la ganancia constituye ingresos ordinarios. File 2009 taxes free   Usted calcula el descuento comercial restando el precio que pagó por el bono de la suma del precio original de emisión del bono y la cantidad del OID acumulado desde la fecha de emisión que representó intereses para los accionistas anteriores. File 2009 taxes free Para obtener más información, consulte Market Discount Bonds (Bonos con descuento en el mercado) en el capítulo 1 de la Publicación 550, en inglés. File 2009 taxes free    Una pérdida sobre la venta u otra enajenación de bonos de gobiernos estatales o locales exentos de impuestos es deducible como pérdida de capital. File 2009 taxes free Rescate antes del vencimiento. File 2009 taxes free   Si un bono local o estatal emitido antes del 9 de junio de 1980 se rescata antes de su vencimiento, entonces el OID no le está sujeto a impuestos a usted. File 2009 taxes free   Si un bono local o estatal emitido después del 8 de junio de 1980 se rescata antes de su vencimiento, entonces la parte del OID que generó ingresos mientras tuvo el bono no le está sujeto a impuestos a usted. File 2009 taxes free Sin embargo, tiene que declarar la parte no devengada del OID como ganancia de capital. File 2009 taxes free Ejemplo. File 2009 taxes free El 2 de julio de 2002, fecha de emisión, usted compró un bono municipal de 6% a 20 años por $800. File 2009 taxes free La cantidad nominal del bono fue $1,000. File 2009 taxes free El descuento de $200 se atribuyó al OID. File 2009 taxes free En el momento en que se emitió el bono, el emisor no tenía intención de rescatarlo antes de su vencimiento. File 2009 taxes free El bono fue rescatable en su cantidad nominal después de 10 años de la fecha de emisión. File 2009 taxes free El emisor rescató el bono al término de 11 años (2 de julio de 2013) por la cantidad nominal de $1,000, más los intereses anuales devengados de $60. File 2009 taxes free El OID de $73, obtenido durante el tiempo que tuvo el bono, no está sujeto a impuestos. File 2009 taxes free Los intereses anuales devengados de $60 tampoco están sujetos a impuestos. File 2009 taxes free Sin embargo, tiene que declarar la parte no devengada del OID ($127) como ganancia de capital. File 2009 taxes free Instrumentos de deuda a largo plazo emitidos después de 1954 y antes del 28 de mayo de 1969 (o antes del 2 de julio de 1982 si son instrumentos de gobierno). File 2009 taxes free   Si vende, canjea o rescata para obtener ganancia uno de estos instrumentos de deuda, el ingreso ordinario será la parte de la ganancia que no sea superior a la parte proporcional del OID al momento de la venta o rescate. File 2009 taxes free El resto de la ganancia es ganancia de capital. File 2009 taxes free Sin embargo, si hubo intención de rescatar el instrumento de deuda antes de su vencimiento, toda la ganancia que no supere el total del OID se tratará como ingreso ordinario al momento de la venta. File 2009 taxes free Este trato de ganancia sujeta a impuestos también es aplicable a los instrumentos de sociedades anónimas emitidos después del 27 de mayo de 1969, conforme a un acuerdo escrito vinculante a partir del 27 de mayo de 1969, y en todo momento después de esta fecha. File 2009 taxes free Instrumentos de deuda a largo plazo emitidos después del 27 de mayo de 1969 (o después del 1 de julio de 1982 si son instrumentos de gobierno). File 2009 taxes free   Si es dueño de uno de estos instrumentos de deuda, tiene que incluir una parte del OID en su ingreso bruto cada año que posee el instrumento. File 2009 taxes free Su base de dicho instrumento de deuda aumenta con la cantidad del OID que incluyó en sus ingresos brutos. File 2009 taxes free Consulte Descuento de la Emisión Original (OID) en el capítulo 7 para obtener información acerca del OID que tiene que declarar en su declaración de impuestos. File 2009 taxes free   Si vende o canjea el instrumento de deuda antes de su vencimiento, la ganancia que obtiene es ganancia de capital. File 2009 taxes free Sin embargo, si al momento de la emisión original del instrumento hubo una intención de rescatarlo antes de su vencimiento, normalmente la ganancia es ganancia ordinaria hasta el límite del total del OID menos las cantidades del OID que previamente se incluyeron en sus ingresos. File 2009 taxes free En este caso, el resto de la ganancia es ganancia de capital. File 2009 taxes free Bonos con descuento en el mercado. File 2009 taxes free   Si el instrumento de deuda tiene descuento en el mercado y usted optó por incluir en el ingreso el descuento a medida que se acumulaba, aumente su base en el instrumento de deuda por el descuento acumulado para calcular la pérdida o ganancia de capital sobre la enajenación. File 2009 taxes free Si optó por no incluir en el ingreso el descuento a medida que se acumulaba, tiene que declarar la ganancia como ingreso ordinario de intereses hasta el monto del descuento comercial acumulado del instrumento. File 2009 taxes free El resto son ganancias de capital. File 2009 taxes free Consulte Market Discount Bonds (Bonos de descuento en el mercado) en el capítulo 1 de la Publicación 550, en inglés. File 2009 taxes free   Se aplica una regla diferente a los bonos con descuento en el mercado emitidos antes del 19 de julio de 1984 y comprados por usted antes del 1 de mayo de 1993. File 2009 taxes free Consulte Market discount bonds (Bonos de descuento en el mercado) bajo Discounted Debt Instruments (Instrumentos de deuda descontados) en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free Redención de instrumento de deuda. File 2009 taxes free   Las cantidades recibidas por la redención de un instrumento de deuda se tratan del mismo modo que si hubiera vendido o canjeado dicho instrumento. File 2009 taxes free Pagarés de personas físicas. File 2009 taxes free   Si mantiene la deuda de una persona física que se emitió con OID después del 1 de marzo de 1984, generalmente tiene que incluir el OID en su ingreso actual, y las pérdidas o ganancias sobre la venta o redención de la deuda son, por lo general, pérdidas o ganancias de capital. File 2009 taxes free Se aplica una excepción a este caso si la deuda es un préstamo entre personas físicas y se satisfacen los requisitos siguientes: El prestamista no se dedica al negocio de prestar dinero. File 2009 taxes free La cantidad del préstamo, más la cantidad de los préstamos anteriores pendientes, es $10,000 o menos. File 2009 taxes free La evasión de impuestos federales no es uno de los principales objetivos del préstamo. File 2009 taxes free   Si corresponde la excepción, o si la deuda fue emitida antes del 2 de marzo de 1984, usted no incluye el OID en sus ingresos actuales. File 2009 taxes free Cuando venda o rescate la deuda, la parte de su ganancia que no sea superior a la parte devengada del OID en ese momento es ingreso ordinario. File 2009 taxes free El resto de la ganancia, si la hay, es ganancia de capital. File 2009 taxes free Las pérdidas sobre las ventas o rescates son pérdidas de capital. File 2009 taxes free Depósito en Instituciones Financieras Insolventes o en Quiebra Si pierde dinero que tenga depositado en un banco, cooperativa de crédito u otra institución financiera que ya no es solvente o está en bancarrota, tal vez pueda deducir su pérdida en una de las tres maneras siguientes: Pérdida ordinaria. File 2009 taxes free Pérdida fortuita. File 2009 taxes free Deuda incobrable no comercial (pérdida de capital a corto plazo). File 2009 taxes free  Para más información, vea Deposit in Insolvent or Bankrupt Financial Institution (Depósito en institución financiera insolvente o en quiebra) en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free Venta de Anualidad Se considera ingreso ordinario la parte de una ganancia sobre la venta de un contrato de anualidad antes de su fecha de vencimiento y que se basa en los intereses acumulados en el contrato. File 2009 taxes free Pérdidas en Acciones Conforme a la Sección 1244 (Pequeño Negocio) Usted puede deducir su pérdida proveniente de la venta, canje o falta de valor de acciones conforme a la sección 1244 como una pérdida ordinaria en vez de una pérdida de capital. File 2009 taxes free Declare la pérdida en la línea 10 del Formulario 4797. File 2009 taxes free Toda ganancia sobre acciones conforme a la sección 1244 es ganancia de capital si las acciones son bienes de capital en su mano. File 2009 taxes free Declare la ganancia en el Formulario 8949. File 2009 taxes free Consulte Losses on Section 1244 (Small Business) Stock (Pérdidas de acciones (de pequeño negocio) conforme a la sección 1244), en el capítulo 4 de la Publicación 550, en inglés. File 2009 taxes free Si desea obtener más información sobre el Formulario 8949 y el Anexo D (Formulario 1040), vea Cómo Declarar Ganancias y Pérdidas de Capital en el capítulo 16. File 2009 taxes free Además, vea el Anexo D (Formulario 1040), el Formulario 8949 y sus instrucciones por separado, en inglés. File 2009 taxes free Período de Tenencia Si vendió o canjeó bienes de inversión, tiene que determinar el período de tenencia de los bienes. File 2009 taxes free Su período de tenencia determina si una pérdida o ganancia de capital fue a corto o largo plazo. File 2009 taxes free Corto o largo plazo. File 2009 taxes free   Si mantiene bienes de inversión por más de 1 año, las pérdidas o ganancias de capital son a largo plazo. File 2009 taxes free Si mantiene bienes por 1 año o menos, las pérdidas o ganancias de capital son a corto plazo. File 2009 taxes free   Para determinar el tiempo en que tuvo bienes de inversión, empiece a contar a partir del día siguiente a la fecha en que adquirió los bienes. File 2009 taxes free El día en que enajenó los bienes forma parte del período de tenencia. File 2009 taxes free Ejemplo. File 2009 taxes free Si compró bienes de inversión el 6 de febrero de 2012 y los vendió el 6 de febrero de 2013, el período de tenencia no es superior a un 1 año y, por lo tanto, tiene pérdida o ganancia de capital a corto plazo. File 2009 taxes free Si vendió los bienes el 7 de febrero de 2013, el período de tenencia es superior a un 1 año y, por lo tanto, tiene una pérdida o ganancia de capital a largo plazo. File 2009 taxes free Valores cotizados en un mercado establecido. File 2009 taxes free   En lo que respecta a valores cotizados en un mercado de valores establecido, el período de tenencia comienza el día siguiente a la fecha de transacción en que compró los valores y termina en la fecha de transacción en que los vendió. File 2009 taxes free    No confunda la fecha de transacción con la fecha de liquidación, para la cual es la fecha en que se tienen que entregar las acciones y se tiene que efectuar el pago. File 2009 taxes free Ejemplo. File 2009 taxes free Usted es contribuyente con base de método de efectivo y año natural para la presentación de su declaración. File 2009 taxes free El 30 de diciembre de 2013, vendió acciones con ganancias. File 2009 taxes free Según las reglas de la bolsa, la venta se cerró con la entrega de las acciones 4 días comerciales después de la venta, el 6 de enero de 2014. File 2009 taxes free Recibió el pago del valor de la venta el mismo día. File 2009 taxes free Declare la ganancia en la declaración del año 2013, aunque haya recibido el pago en el año 2014. File 2009 taxes free La ganancia es a largo o corto plazo dependiendo de si tuvo las acciones más de un año. File 2009 taxes free Su período de tenencia terminó el 30 de diciembre. File 2009 taxes free Si hubiera vendido las acciones con pérdidas, también habría declarado las pérdidas en su declaración del año 2013. File 2009 taxes free Pagarés y bonos del Tesoro de los Estados Unidos. File 2009 taxes free   El período de tenencia de pagarés y bonos de los EE. File 2009 taxes free UU. File 2009 taxes free vendidos en subasta en base a su rendimiento se inicia el día después de que el Secretario del Tesoro, mediante comunicados de prensa, dé notificación a los postores cuyas ofertas hayan sido aceptadas. File 2009 taxes free El período de tenencia de pagarés y bonos de los EE. File 2009 taxes free UU. File 2009 taxes free con rendimiento determinado vendidos en base a suscripciones se inicia el día después de que se presente la suscripción. File 2009 taxes free Servicio de inversión automático. File 2009 taxes free   Al determinar el período de tenencia de acciones compradas a través del banco u otro agente, se considera que las acciones enteras se compraron al inicio y las acciones fraccionarias se compraron al final. File 2009 taxes free El período de tenencia de usted comienza el día siguiente de la fecha de compra del banco. File 2009 taxes free Si una acción se compró en más de una fecha de compra, el período de tenencia de esa acción es un período de tenencia dividido. File 2009 taxes free Se considera que se compró una parte de esa acción en cada fecha en que el banco haya comprado la acción con pagos procedentes de fondos disponibles. File 2009 taxes free Canjes no sujetos a impuestos. File 2009 taxes free   Si adquiere bienes de inversión en un canje por otros bienes de inversión y la base de los nuevos bienes está determinada, en su totalidad o en parte, por la base de los antiguos bienes, el período de tenencia de los nuevos bienes comienza el día siguiente de la fecha en que adquirió los antiguos bienes. File 2009 taxes free Bienes recibidos como regalo. File 2009 taxes free   Si recibe un regalo de bienes y la base se determina por la base ajustada del donante, se considera que el período de tenencia ha empezado el mismo día en que empezó el período de tenencia del donante. File 2009 taxes free   Si la base está determinada por el valor justo de mercado de los bienes, el período de tenencia comienza el día siguiente de la fecha del regalo. File 2009 taxes free Bienes heredados. File 2009 taxes free   Por lo general, si usted heredó bienes de inversión, su ganancia o pérdida de capital en cualquier enajenación que realice luego con ese bien es una ganancia o pérdida de capital a largo plazo. File 2009 taxes free Esto es así independientemente de cuánto tiempo usted tuvo el bien como su propiedad. File 2009 taxes free Sin embargo, si usted heredó los bienes de alguien que falleció en el 2010, vea la información que aparece a continuación. File 2009 taxes free Bienes heredados de una persona que falleció en el año 2010. File 2009 taxes free   Si hereda bienes de inversión de un difunto que falleció en el año 2010, y el albacea del patrimonio del difunto optó por presentar el Formulario 8939, consulte la información provista por el albacea o 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, para determinar su período de tenencia. File 2009 taxes free Bienes raíces comprados. File 2009 taxes free   Para calcular el tiempo que tuvo bienes raíces comprados conforme a un contrato incondicional, empiece a contar el día después de la fecha en que recibió el título de los bienes o la fecha después de la que tomó posesión de los bienes y asumió las obligaciones y privilegios de propietario, lo que sucediera primero. File 2009 taxes free Sin embargo, aceptar la entrega o tomar posesión de bienes raíces conforme a un contrato de opción no es suficiente para comenzar el período de tenencia. File 2009 taxes free El período de tenencia no puede comenzar hasta que haya un contrato de venta real. File 2009 taxes free El período de tenencia del vendedor no puede terminar antes de esa fecha. File 2009 taxes free Si recupera la posesión de bienes raíces. File 2009 taxes free   Si vende bienes raíces pero retiene un derecho prendario a los mismos, y más adelante recupera la posesión de dichos bienes raíces según los términos del contrato de venta, el período de tenencia correspondiente a una venta posterior abarca el período durante el cual fue dueño de los bienes raíces antes de la primera venta y el período después de que haya recuperado la posesión de los mismos. File 2009 taxes free El período de tenencia no incluye el período entre la primera venta y la recuperación de la posesión de los bienes raíces. File 2009 taxes free Es decir, no incluye el período durante el cual el primer comprador fue dueño de dichos bienes raíces. File 2009 taxes free Dividendos de acciones. File 2009 taxes free   El período de tenencia de las acciones que usted recibió como dividendo de acciones sujeto a impuestos comienza en la fecha de distribución. File 2009 taxes free   El período de tenencia de acciones nuevas que recibió como dividendo de acciones no sujeto a impuestos comienza el mismo día que el período de tenencia de las antiguas acciones. File 2009 taxes free Esta regla también se aplica a acciones adquiridas en una “escisión”, lo cual es una distribución de acciones o valores en una sociedad anónima controlada. File 2009 taxes free Derechos de suscripción no sujetos a impuestos. File 2009 taxes free   El período de tenencia de derechos de suscripción no sujetos a impuestos comienza el mismo día que el período de tenencia de las acciones precedentes. File 2009 taxes free El período de tenencia de acciones adquiridas a través del ejercicio de derechos de suscripción comienza en la fecha en que se ejerció el derecho. File 2009 taxes free Deudas Incobrables no Empresariales Si alguien le debe dinero que usted no puede cobrar, entonces tiene una deuda incobrable. File 2009 taxes free Tal vez pueda deducir la cantidad adeudada cuando calcule su impuesto para el año en que la deuda pierda todo su valor. File 2009 taxes free Normalmente, las deudas incobrables no empresariales son deudas incobrables que no obtuvo en el transcurso de la operación de su ocupación o negocio, y son deducibles como pérdidas de capital a corto plazo. File 2009 taxes free Para que las deudas incobrables no comerciales sean deducibles, tienen que perder totalmente su valor. File 2009 taxes free No puede deducir una deuda no comercial que ha perdido sólo parte de su valor. File 2009 taxes free Requisito de deuda genuina. File 2009 taxes free   Una deuda tiene que ser genuina para que pueda deducir la pérdida. File 2009 taxes free Una deuda es genuina si surge de una relación deudor−acreedor que se basa en una obligación válida y ejecutable de reembolsar una suma de dinero fija o determinable. File 2009 taxes free Requisito de base en la deuda incobrable. File 2009 taxes free    Para deducir una deuda incobrable, tiene que tener una base en la misma, es decir, tiene que haber incluido previamente la cantidad en sus ingresos o haber prestado su efectivo. File 2009 taxes free Por ejemplo, no puede declarar una deducción por deuda incobrable por una pensión por orden judicial para hijos menores que su ex cónyuge no haya pagado. File 2009 taxes free Si es contribuyente con base de método a base de efectivo (como la mayoría de las personas físicas), normalmente no puede declarar una deducción por deuda incobrable por sueldos, salarios, alquileres, honorarios, intereses, dividendos y conceptos similares no pagados. File 2009 taxes free Cuándo son deducibles las deudas incobrables. File 2009 taxes free   Puede tomar una deducción por deuda incobrable sólo en el año en que la deuda pierde su valor. File 2009 taxes free No tiene que esperar el vencimiento de una deuda para saber si ha perdido su valor. File 2009 taxes free Una deuda pierde su valor cuando ya no cabe la posibilidad de que se pague la cantidad adeudada. File 2009 taxes free   No es necesario llevar el asunto ante los tribunales si puede demostrar que la deuda sería incobrable a pesar de una sentencia de compensación monetaria dictada por un tribunal. File 2009 taxes free Sólo tiene que demostrar que ha tomado medidas razonables para cobrar la deuda. File 2009 taxes free En la mayoría de los casos, la quiebra del deudor demuestra suf