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File your 2011 taxes for free 1. File your 2011 taxes for free   Tax Withholding for 2014 Table of Contents Introduction Useful Items - You may want to see: Salaries and WagesDetermining Amount of Tax Withheld Using Form W-4 Completing Form W-4 and Worksheets Getting the Right Amount of Tax Withheld Rules Your Employer Must Follow Exemption From Withholding Supplemental Wages Penalties Tips Taxable Fringe BenefitsSpecial rule. File your 2011 taxes for free Exceptions. File your 2011 taxes for free Sick Pay Pensions and AnnuitiesPeriodic Payments Nonperiodic Payments Eligible Rollover Distributions Choosing Not To Have Income Tax Withheld Gambling WinningsException. File your 2011 taxes for free Identical wagers. File your 2011 taxes for free Unemployment Compensation Federal Payments Backup WithholdingTaxpayer identification number. File your 2011 taxes for free Underreported interest or dividends. File your 2011 taxes for free Introduction This chapter discusses income tax withholding on: Salaries and wages, Tips, Taxable fringe benefits, Sick pay, Pensions and annuities, Gambling winnings, Unemployment compensation, and Certain federal payments. File your 2011 taxes for free This chapter explains in detail the rules for withholding tax from each of these types of income. File your 2011 taxes for free The discussion of salaries and wages includes an explanation of how to complete Form W-4. File your 2011 taxes for free This chapter also covers backup withholding on interest, dividends, and other payments. File your 2011 taxes for free Useful Items - You may want to see: Form (and Instructions) W-4 Employee's Withholding Allowance Certificate W-4P Withholding Certificate for Pension or Annuity Payments W-4S Request for Federal Income Tax Withholding From Sick Pay W-4V Voluntary Withholding Request See chapter 5 of this publication for information about getting these publications and forms. File your 2011 taxes for free Salaries and Wages Income tax is withheld from the pay of most employees. File your 2011 taxes for free Your pay includes your regular pay, bonuses, commissions, and vacation allowances. File your 2011 taxes for free It also includes reimbursements and other expense allowances paid under a nonaccountable plan. File your 2011 taxes for free See Supplemental Wages , later, for definitions of accountable and nonaccountable plans. File your 2011 taxes for free If your income is low enough that you will not have to pay income tax for the year, you may be exempt from withholding. File your 2011 taxes for free This is explained under Exemption From Withholding , later. File your 2011 taxes for free You can ask your employer to withhold income tax from noncash wages and other wages not subject to withholding. File your 2011 taxes for free If your employer does not agree to withhold tax, or if not enough is withheld, you may have to pay estimated tax, as discussed in chapter 2. File your 2011 taxes for free Military retirees. File your 2011 taxes for free   Military retirement pay is treated in the same manner as regular pay for income tax withholding purposes, even though it is treated as a pension or annuity for other tax purposes. File your 2011 taxes for free Household workers. File your 2011 taxes for free   If you are a household worker, you can ask your employer to withhold income tax from your pay. File your 2011 taxes for free A household worker is an employee who performs household work in a private home, local college club, or local fraternity or sorority chapter. File your 2011 taxes for free   Tax is withheld only if you want it withheld and your employer agrees to withhold it. File your 2011 taxes for free If you do not have enough income tax withheld, you may have to pay estimated tax, as discussed in chapter 2. File your 2011 taxes for free Farmworkers. File your 2011 taxes for free   Generally, income tax is withheld from your cash wages for work on a farm unless your employer both: Pays you cash wages of less than $150 during the year, and Has expenditures for agricultural labor totaling less than $2,500 during the year. File your 2011 taxes for free Differential wage payments. File your 2011 taxes for free   When employees are on leave from employment for military duty, some employers make up the difference between the military pay and civilian pay. File your 2011 taxes for free Payments to an employee who is on active duty for a period of more than 30 days will be subject to income tax withholding, but not subject to social security or Medicare taxes. File your 2011 taxes for free The wages and withholding will be reported on Form W-2, Wage and Tax Statement. File your 2011 taxes for free Determining Amount of Tax Withheld Using Form W-4 The amount of income tax your employer withholds from your regular pay depends on two things. File your 2011 taxes for free The amount you earn in each payroll period. File your 2011 taxes for free The information you give your employer on Form W-4. File your 2011 taxes for free Form W-4 includes four types of information that your employer will use to figure your withholding. File your 2011 taxes for free Whether to withhold at the single rate or at the lower married rate. File your 2011 taxes for free How many withholding allowances you claim (each allowance reduces the amount withheld). File your 2011 taxes for free Whether you want an additional amount withheld. File your 2011 taxes for free Whether you are claiming an exemption from withholding in 2014. File your 2011 taxes for free See Exemption From Withholding , later. File your 2011 taxes for free Note. File your 2011 taxes for free You must specify a filing status and a number of withholding allowances on Form W-4. File your 2011 taxes for free You cannot specify only a dollar amount of withholding. File your 2011 taxes for free New Job When you start a new job, you must fill out a Form W-4 and give it to your employer. File your 2011 taxes for free Your employer should have copies of the form. File your 2011 taxes for free If you need to change the information later, you must fill out a new form. File your 2011 taxes for free If you work only part of the year (for example, you start working after the beginning of the year), too much tax may be withheld. File your 2011 taxes for free You may be able to avoid overwithholding if your employer agrees to use the part-year method. File your 2011 taxes for free See Part-Year Method , later, for more information. File your 2011 taxes for free Employee also receiving pension income. File your 2011 taxes for free   If you receive pension or annuity income and begin a new job, you will need to file Form W-4 with your new employer. File your 2011 taxes for free However, you can choose to split your withholding allowances between your pension and job in any manner. File your 2011 taxes for free Changing Your Withholding During the year changes may occur to your marital status, exemptions, adjustments, deductions, or credits you expect to claim on your tax return. File your 2011 taxes for free When this happens, you may need to give your employer a new Form W-4 to change your withholding status or number of allowances. File your 2011 taxes for free If the changes reduce the number of allowances you are allowed to claim or changes your marital status from married to single, you must give your employer a new Form W-4 within 10 days. File your 2011 taxes for free See Marital Status (Line 3 of Form W-4) and Withholding Allowances (Line 5 of Form W-4) , later. File your 2011 taxes for free Generally, you can submit a new Form W-4 whenever you wish to change your withholding allowances for any other reason. File your 2011 taxes for free See Table 1-1 for examples of personal and financial changes you should consider. File your 2011 taxes for free Table 1-1. File your 2011 taxes for free Personal and Financial Changes Factor Examples Lifestyle change Marriage Divorce Birth or adoption of child Loss of an exemption Purchase of a new home Retirement Filing chapter 11 bankruptcy Wage income You or your spouse start or stop working, or start or stop a second job Change in the amount of taxable income not subject to withholding Interest income Dividends Capital gains Self-employment income IRA (including certain Roth  IRA) distributions Change in the amount of adjustments to income IRA deduction Student loan interest deduction Alimony expense Change in the amount of itemized deductions or tax credits Medical expenses Taxes Interest expense Gifts to charity Job expenses Dependent care expenses Education credit Child tax credit Earned income credit If you change the number of your withholding allowances, you can request that your employer withhold using the Cumulative Wage Method , explained later. File your 2011 taxes for free Checking Your Withholding After you have given your employer a Form W-4, you can check to see whether the amount of tax withheld from your pay is too much or too little. File your 2011 taxes for free If too much or too little tax is being withheld, you should give your employer a new Form W-4 to change your withholding. File your 2011 taxes for free You can get a blank Form W-4 from your employer or print the form from IRS. File your 2011 taxes for free gov. File your 2011 taxes for free You should try to have your withholding match your actual tax liability. File your 2011 taxes for free If not enough tax is withheld, you will owe tax at the end of the year and may have to pay interest and a penalty. File your 2011 taxes for free If too much tax is withheld, you will lose the use of that money until you get your refund. File your 2011 taxes for free Always check your withholding if there are personal or financial changes in your life or changes in the law that might change your tax liability. File your 2011 taxes for free See Table 1-1 for examples. File your 2011 taxes for free Note. File your 2011 taxes for free You cannot give your employer a payment to cover federal income tax withholding on salaries and wages for past pay periods or a payment for estimated tax. File your 2011 taxes for free When Should You Check Your Withholding? The earlier in the year you check your withholding, the easier it is to get the right amount of tax withheld. File your 2011 taxes for free You should check your withholding when any of the following situations occur. File your 2011 taxes for free You receive a paycheck stub (statement) covering a full pay period in 2014, showing tax withheld based on 2014 tax rates. File your 2011 taxes for free You prepare your 2013 tax return and get a: Big refund, or Balance due that is: More than you can comfortably pay, or Subject to a penalty. File your 2011 taxes for free There are changes in your life or financial situation that affect your tax liability. File your 2011 taxes for free See Table 1-1. File your 2011 taxes for free There are changes in the tax law that affect your tax liability. File your 2011 taxes for free How Do You Check Your Withholding? You can use the worksheets and tables in this publication to see if you are having the right amount of tax withheld. File your 2011 taxes for free You can also use the IRS Withholding calculator at www. File your 2011 taxes for free irs. File your 2011 taxes for free gov/individuals. File your 2011 taxes for free If you use the worksheets and tables in this publication, follow these steps. File your 2011 taxes for free Fill out Worksheet 1-5 to project your total federal income tax liability for 2014. File your 2011 taxes for free Fill out Worksheet 1-7 to project your total federal withholding for 2014 and compare that with your projected tax liability from Worksheet 1-5. File your 2011 taxes for free If you are not having enough tax withheld, line 6 of Worksheet 1-7 will show you how much more to have withheld each payday. File your 2011 taxes for free For ways to increase the amount of tax withheld, see How Do You Increase Your Withholding? If line 5 of Worksheet 1-7 shows that you are having more tax withheld than necessary, see How Do You Decrease Your Withholding, for ways to decrease the amount of tax you have withheld each payday. File your 2011 taxes for free How Do You Increase Your Withholding? There are two ways to increase your withholding. File your 2011 taxes for free You can: Decrease the number of allowances you claim on Form W-4, or Enter an additional amount that you want withheld from each paycheck on Form W-4. File your 2011 taxes for free Requesting an additional amount withheld. File your 2011 taxes for free   You can request that an additional amount be withheld from each paycheck by following these steps. File your 2011 taxes for free Complete Worksheets 1-5 and 1-7. File your 2011 taxes for free Complete a new Form W-4 if the amount on Worksheet 1-7, line 5: Is more than you want to pay with your tax return or in estimated tax payments throughout the year, or Would cause you to pay a penalty when you file your tax return for 2014. File your 2011 taxes for free Enter on your new Form W-4, the same number of withholding allowances your employer now uses for your withholding. File your 2011 taxes for free This is the number of allowances you entered on the last Form W-4 you gave your employer. File your 2011 taxes for free Enter on your new Form W-4, the amount from Worksheet 1-7, line 6. File your 2011 taxes for free Give your newly completed Form W-4 to your employer. File your 2011 taxes for free   If you have this additional amount withheld from your pay each payday, you should avoid owing a large amount at the end of the year. File your 2011 taxes for free Example. File your 2011 taxes for free Early in 2014, Steve Miller used Worksheets 1-5, 1-6, and 1-7 to project his 2014 tax liability ($4,316) and his withholding for the year ($3,516). File your 2011 taxes for free Steve's tax will be underwithheld by $800 ($4,316 − $3,516). File your 2011 taxes for free His choices are to pay this amount when he files his 2014 tax return, make estimated tax payments, or increase his withholding now. File your 2011 taxes for free Steve gets a new Form W-4 from his employer, who tells him that there are 50 paydays remaining in 2014. File your 2011 taxes for free Steve completes the new Form W-4 as before, entering the same number of withholding allowances as before, but, in addition, entering $16 ($800 ÷ 50) on the form as the additional amount to be withheld from his pay each payday. File your 2011 taxes for free He gives the completed form to his employer. File your 2011 taxes for free What if I have more than one job or my spouse also has a job?   You are more likely to need to increase your withholding if you have more than one job or if you are married filing jointly and your spouse also works. File your 2011 taxes for free If this is the case, you can increase your withholding for one or more of the jobs. File your 2011 taxes for free   You can apply the amount on Worksheet 1-7, line 5, to only one job or divide it between the jobs any way you wish. File your 2011 taxes for free For each job, determine the extra amount that you want to apply to that job and divide that amount by the number of paydays remaining in 2014 for that job. File your 2011 taxes for free This will give you the additional amount to enter on the Form W-4 you will file for that job. File your 2011 taxes for free You need to give your employer a new Form W-4 for each job for which you are changing your withholding. File your 2011 taxes for free Example. File your 2011 taxes for free Meg Green works in a store and earns $46,000 a year. File your 2011 taxes for free Her husband, John, works full-time in manufacturing and earns $68,000 a year. File your 2011 taxes for free In 2014, they will also have $184 in taxable interest and $1,000 of other taxable income. File your 2011 taxes for free They expect to file a joint income tax return. File your 2011 taxes for free Meg and John complete Worksheets 1-5, 1-6, and 1-7. File your 2011 taxes for free Line 5 of Worksheet 1-7 shows that they will owe an additional $4,459 after subtracting their withholding for the year. File your 2011 taxes for free They can divide the $4,459 any way they want. File your 2011 taxes for free They can enter an additional amount on either of their Forms W-4, or divide it between them. File your 2011 taxes for free They decide to have the additional amount withheld from John's wages, so they enter $91 ($4,459 ÷ 49 remaining paydays) on his Form W-4. File your 2011 taxes for free Both claim the same number of allowances as before. File your 2011 taxes for free How Do You Decrease Your Withholding? If your completed Worksheets 1-5 and 1-7 show that you may have more tax withheld than your projected tax liability for 2014, you may be able to decrease your withholding. File your 2011 taxes for free There are two ways to do this. File your 2011 taxes for free You can: Decrease any additional amount you are having withheld, or Increase the number of allowances you claim on Form W-4. File your 2011 taxes for free You can claim only the number of allowances to which you are entitled. File your 2011 taxes for free To see if you can decrease your withholding by increasing your allowances, see the Form W-4 instructions and the rest of this publication. File your 2011 taxes for free Increasing the number of allowances. File your 2011 taxes for free   Figure and increase the number of withholding allowances you can claim as follows. File your 2011 taxes for free On a new Form W-4, complete the Personal Allowances Worksheet. File your 2011 taxes for free If you plan to itemize deductions, claim adjustments to income, or claim tax credits, complete a new Deductions and Adjustments Worksheet. File your 2011 taxes for free If you plan to claim tax credits, see Converting Credits to Withholding Allowances, later. File your 2011 taxes for free If you meet the criteria on line H of the Form W-4 Personal Allowances Worksheet, complete a new Two-Earners/Multiple Jobs Worksheet. File your 2011 taxes for free If the number of allowances you can claim on Form W-4, is different from the number you already are claiming, give the newly completed Form W-4 to your employer. File your 2011 taxes for free Converting Credits to Withholding Allowances Table 1-2 , later, shows many of the tax credits you may be able to use to decrease your withholding. File your 2011 taxes for free The Form W-4 Personal Allowances Worksheet provides only rough adjustments for the child and dependent care credit and the child tax credit. File your 2011 taxes for free Complete Worksheet 1-8 to figure these credits more accurately and also take other credits into account. File your 2011 taxes for free Include the amount from line 12 of Worksheet 1-8 in the total on line 5 of the Deductions and Adjustments Worksheet. File your 2011 taxes for free Then complete the Deductions and Adjustments Worksheet and the rest of Form W-4. File your 2011 taxes for free If you take the child and dependent care credit into account on Worksheet 1-8, enter -0- on line F of the Personal Allowances Worksheet. File your 2011 taxes for free If you take the child tax credit into account on Worksheet 1-8, enter -0- on line G of the Personal Allowances Worksheet. File your 2011 taxes for free Example. File your 2011 taxes for free Brett and Alyssa Davis are married and expect to file a joint return for 2014. File your 2011 taxes for free Their expected taxable income from all sources is $68,000. File your 2011 taxes for free They expect to have $15,900 of itemized deductions. File your 2011 taxes for free Their projected tax credits include a child and dependent care credit of $960 and an adoption credit of $1,500. File your 2011 taxes for free The Davis' complete Worksheet 1-8, as follows, to see whether they can convert their tax credits into additional withholding allowances. File your 2011 taxes for free Line 1, expected child and dependent care credit—$960. File your 2011 taxes for free Line 9, expected adoption credit—$1,500. File your 2011 taxes for free Line 10, total estimated tax credits—$2,460. File your 2011 taxes for free Line 11. File your 2011 taxes for free Their combined total income from all sources, $68,000, falls between $42,001 and $98,000 on the table for married filing jointly or qualifying widow(er). File your 2011 taxes for free The number to the right of this range is 6. File your 2011 taxes for free 7. File your 2011 taxes for free Line 12, multiply line 10 by line 11—$16,482. File your 2011 taxes for free Then the Davis' complete the Form W-4 worksheets. File your 2011 taxes for free Because they choose to account for their child and dependent care credit on the Deductions and Adjustments Worksheet, they enter -0- on line F of the Personal Allowances Worksheet and figure a new total for line H. File your 2011 taxes for free They take the result on line 12 of Worksheet 1-8, add it to their other adjustments on line 5 of the Form W-4 Deductions and Adjustments Worksheet, and complete the Form W-4 worksheets. File your 2011 taxes for free When Will Your New Form W-4 Go Into Effect? If the change is for the current year, your employer must put your new Form W-4 into effect no later than the start of the first payroll period ending on or after the 30th day after the day on which you give your employer your revised Form W-4. File your 2011 taxes for free If the change is for next year, your new Form W-4 will not take effect until next year. File your 2011 taxes for free Retirees Returning to the Workforce When you first began receiving your pension, you told the payer how much tax to withhold, if any, by completing Form W-4P, Withholding Certificate for Pension or Annuity Payments (or similar form). File your 2011 taxes for free However, if your retirement pay is from the military or certain deferred compensation plans, you completed Form W-4 instead of Form W-4P. File your 2011 taxes for free You completed either form based on your projected income at that time. File your 2011 taxes for free Now that you are returning to the workforce, your new Form W-4 (given to your employer) and your Form W-4 or W-4P (on file with your pension plan) must work together to determine the correct amount of withholding for your new amount of income. File your 2011 taxes for free The worksheets that come with Forms W-4 and W-4P are basically the same, so you can use either set of worksheets to figure out how many withholding allowances you are entitled to claim. File your 2011 taxes for free Start off with the Personal Allowances Worksheet. File your 2011 taxes for free Then, if you will be itemizing your deductions, claiming adjustments to income, or claiming tax credits when you file your tax return, complete the Deductions and Adjustments Worksheet. File your 2011 taxes for free The third worksheet is the most important for this situation. File your 2011 taxes for free Form W-4 calls it the Two-Earners/Multiple Jobs Worksheet, Form W-4P calls it the Multiple Pensions/More-Than-One-Income Worksheet—both are the same. File your 2011 taxes for free If you have more than one source of income, in order to have enough withholding to cover the tax on your higher income, you may need to claim fewer withholding allowances or request your employer to withhold an additional amount from each paycheck. File your 2011 taxes for free Once you have figured out how many allowances you are entitled to claim, look at the income from both your pension and your new job, and how often you receive payments. File your 2011 taxes for free It is your decision how to divide up your withholding allowances between these sources of income. File your 2011 taxes for free For example, you may want to “take home” most of your weekly paycheck to use as spending money and use your monthly pension to “pay the bills. File your 2011 taxes for free ” In that case, change your Form W-4P to zero allowances and claim all that you are entitled to on your Form W-4. File your 2011 taxes for free There are a couple of ways you can get a better idea of how much tax will be withheld when claiming a certain number of allowances. File your 2011 taxes for free Use the withholding tables in Publication 15 (Circular E), Employer's Tax Guide. File your 2011 taxes for free Contact your pension provider and your employer's payroll department. File your 2011 taxes for free And remember, this is not a final decision. File your 2011 taxes for free If you do not get the correct amount of withholding with the first Forms W-4 and W-4P you submit, you should refigure your allowances (or divide them differently) using the information and worksheets in this publication, or the resources mentioned above. File your 2011 taxes for free You should go through this same process each time your life situation changes, whether it be for personal or financial reasons. File your 2011 taxes for free You may need more tax withheld, or you may need less. File your 2011 taxes for free Table 1-2. File your 2011 taxes for free Tax Credits for 2014 For more information about the . File your 2011 taxes for free . File your 2011 taxes for free . File your 2011 taxes for free See . File your 2011 taxes for free . File your 2011 taxes for free . File your 2011 taxes for free Adoption credit Form 8839 instructions Child and dependent care expenses, credit for Publication 503, Child and Dependent Care Expenses Child tax credit (including the additional child tax credit) Instructions for Form 1040 or Form 1040A Earned income credit Publication 596, Earned Income Credit Education credits Publication 970, Tax Benefits for Education Elderly or the disabled, credit for the Publication 524, Credit for the Elderly or the Disabled Foreign tax credit (except any credit that applies to wages not subject to U. File your 2011 taxes for free S. File your 2011 taxes for free income tax withholding because they are subject to income tax withholding by a foreign country) Publication 514, Foreign Tax Credit for Individuals General business credit Form 3800, General Business Credit Mortgage interest credit Publication 530, Tax Information for First-Time Homeowners Qualified electric vehicle passive activity credit Form 8834 Prior year minimum tax, credit for (if you paid alternative minimum tax in an earlier year) Form 8801 instructions Retirement savings contributions credit (saver's credit) Publication 590, Individual Retirement Arrangements (IRAs) Tax credit bonds, credit to holders of Form 8912 instructions Completing Form W-4 and Worksheets When reading the following discussion, you may find it helpful to refer to Form W-4. File your 2011 taxes for free Marital Status There is a lower withholding rate for people who qualify to check the “Married” box on line 3 of Form W-4. File your 2011 taxes for free Everyone else must have tax withheld at the higher single rate. File your 2011 taxes for free Single. File your 2011 taxes for free   You must check the “Single” box if any of the following applies. File your 2011 taxes for free You are single. File your 2011 taxes for free If you are divorced, or separated from your spouse under a court decree of separate maintenance, you are considered single. File your 2011 taxes for free You are married, but neither you nor your spouse is a citizen or resident of the United States. File your 2011 taxes for free You are married, either you or your spouse is a nonresident alien, and you have not chosen to have that person treated as a resident alien for tax purposes. File your 2011 taxes for free For more information, see Nonresident Spouse Treated as a Resident in chapter 1 of Publication 519. File your 2011 taxes for free Married. File your 2011 taxes for free   You qualify to check the “Married” box if any of the following applies. File your 2011 taxes for free You are married and neither you nor your spouse is a nonresident alien. File your 2011 taxes for free You are considered married for the whole year even if your spouse died during the year. File your 2011 taxes for free You are married and either you or your spouse is a nonresident alien who has chosen to be treated as a resident alien for tax purposes. File your 2011 taxes for free For more information, see Nonresident Spouse Treated as a Resident in chapter 1 of Publication 519. File your 2011 taxes for free You expect to be able to file your return as a qualifying widow or widower. File your 2011 taxes for free You usually can use this filing status if your spouse died within the previous 2 years and you provide more than half the cost of keeping up a home for the entire year that was the main home for you and your child whom you can claim as a dependent. File your 2011 taxes for free However, you must file a new Form W-4 showing your filing status as single by December 1 of the last year you are eligible to file as a qualifying widow or widower. File your 2011 taxes for free For more information on this filing status, see Qualifying Widow(er) With Dependent Child under Filing Status in Publication 501, Exemptions, Standard Deduction, and Filing Information. File your 2011 taxes for free Married, but withhold at higher single rate. File your 2011 taxes for free   Some married people find that they do not have enough tax withheld at the married rate. File your 2011 taxes for free This can happen, for example, when both spouses work. File your 2011 taxes for free To avoid this, you can check the “Married, but withhold at higher Single rate” box (even if you qualify for the married rate). File your 2011 taxes for free Also, you may find that more tax is withheld if you fill out the Two-Earners/Multiple Jobs Worksheet, explained later. File your 2011 taxes for free Withholding Allowances The more allowances you claim on Form W-4, the less income tax your employer will withhold. File your 2011 taxes for free You will have the most tax withheld if you claim “0” allowances. File your 2011 taxes for free The number of allowances you can claim depends on the following factors. File your 2011 taxes for free How many exemptions you can take on your tax return. File your 2011 taxes for free Whether you have income from more than one job. File your 2011 taxes for free What deductions, adjustments to income, and credits you expect to have for the year. File your 2011 taxes for free Whether you will file as head of household. File your 2011 taxes for free If you are married (filing jointly), it also depends on whether your spouse also works and claims any allowances on his or her own Form W-4. File your 2011 taxes for free Or, if married filing separately, whether or not your spouse also works. File your 2011 taxes for free Form W-4 worksheets. File your 2011 taxes for free    Form W-4 has worksheets to help you figure how many withholding allowances you can claim. File your 2011 taxes for free The worksheets are for your own records. File your 2011 taxes for free Do not give them to your employer. File your 2011 taxes for free   Complete only one set of Form W-4 worksheets, no matter how many jobs you have. File your 2011 taxes for free If you are married and will file a joint return, complete only one set of worksheets for you and your spouse, even if you both earn wages and each must give Form W-4 to your employers. File your 2011 taxes for free Complete separate sets of worksheets only if you and your spouse will file separate returns. File your 2011 taxes for free   If you are not exempt from withholding (see Exemption From Withholding , later), complete the Personal Allowances Worksheet on page 1 of the form. File your 2011 taxes for free Also, use the worksheets on page 2 of the form to adjust the number of your withholding allowances for itemized deductions and adjustments to income, and for two-earner or multiple-job situations. File your 2011 taxes for free If you want to adjust the number of your withholding allowances for certain tax credits, use the Deductions and Adjustments Worksheet on page 2 of Form W-4, even if you do not have any deductions or adjustments. File your 2011 taxes for free   Complete all worksheets that apply to your situation. File your 2011 taxes for free The worksheets will help you figure the maximum number of withholding allowances you are entitled to claim so that the amount of income tax withheld from your wages will match, as closely as possible, the amount of income tax you will owe at the end of the year. File your 2011 taxes for free Multiple jobs. File your 2011 taxes for free   If you have income from more than one job at the same time, complete only one set of Form W-4 worksheets. File your 2011 taxes for free Then split your allowances between the Forms W-4 for each job. File your 2011 taxes for free You cannot claim the same allowances with more than one employer at the same time. File your 2011 taxes for free You can claim all your allowances with one employer and none with the other(s), or divide them any other way. File your 2011 taxes for free Married individuals. File your 2011 taxes for free   If both you and your spouse are employed and expect to file a joint return, figure your withholding allowances using your combined income, adjustments, deductions, exemptions, and credits. File your 2011 taxes for free Use only one set of worksheets. File your 2011 taxes for free You can divide your total allowances any way, but you cannot claim an allowance that your spouse also claims. File your 2011 taxes for free   If you and your spouse expect to file separate returns, figure your allowances using separate worksheets based on your own individual income, adjustments, deductions, exemptions, and credits. File your 2011 taxes for free Alternative method of figuring withholding allowances. File your 2011 taxes for free   You do not have to use the Form W-4 worksheets if you use a more accurate method of figuring the number of withholding allowances. File your 2011 taxes for free   The method you use must be based on withholding schedules, the tax rate schedules, and the 2014 Estimated Tax Worksheet in chapter 2. File your 2011 taxes for free It must take into account only the items of income, adjustments to income, deductions, and tax credits that are taken into account on Form W-4. File your 2011 taxes for free   You can use the number of withholding allowances determined under an alternative method rather than the number determined using the Form W-4 worksheets. File your 2011 taxes for free You still must give your employer a Form W-4 claiming your withholding allowances. File your 2011 taxes for free Employees who are not citizens or residents. File your 2011 taxes for free   If you are neither a citizen nor a resident of the United States, you usually can claim only one withholding allowance. File your 2011 taxes for free However, this rule does not apply if you are a resident of Canada or Mexico, or if you are a U. File your 2011 taxes for free S. File your 2011 taxes for free national. File your 2011 taxes for free It also does not apply if your spouse is a U. File your 2011 taxes for free S. File your 2011 taxes for free citizen or resident and you have chosen to be treated as a resident of the United States for tax purposes. File your 2011 taxes for free Special rules apply to residents of South Korea and India. File your 2011 taxes for free For more information, see Withholding From Compensation in chapter 8 of Publication 519. File your 2011 taxes for free Personal Allowances Worksheet Use the Personal Allowances Worksheet on page 1 of Form W-4 to figure your withholding allowances based on all of the following that apply. File your 2011 taxes for free Exemptions. File your 2011 taxes for free Only one job. File your 2011 taxes for free Head of household filing status. File your 2011 taxes for free Child and dependent care credit. File your 2011 taxes for free Child tax credit. File your 2011 taxes for free Exemptions (worksheet lines A, C, and D). File your 2011 taxes for free   You can claim one withholding allowance for each exemption you expect to claim on your tax return. File your 2011 taxes for free Self. File your 2011 taxes for free   You can claim an allowance for your exemption on line A unless another person can claim an exemption for you on his or her tax return. File your 2011 taxes for free If another person is entitled to claim an exemption for you, you cannot claim an allowance for your exemption even if the other person will not claim your exemption. File your 2011 taxes for free Spouse. File your 2011 taxes for free   You can claim an allowance for your spouse's exemption on line C unless your spouse is claiming his or her own exemption or another person can claim an exemption for your spouse. File your 2011 taxes for free Do not claim this allowance if you and your spouse expect to file separate returns. File your 2011 taxes for free Dependents. File your 2011 taxes for free   You can claim one allowance on line D for each exemption you will claim for a dependent on your tax return. File your 2011 taxes for free Only one job (worksheet line B). File your 2011 taxes for free    You can claim an additional withholding allowance if any of the following apply for 2014. File your 2011 taxes for free You are single and you have only one job at a time. File your 2011 taxes for free You are married, you have only one job at a time, and your spouse does not work. File your 2011 taxes for free Your wages from a second job or your spouse's wages (or the total of both) are $1,500 or less. File your 2011 taxes for free If you qualify for this allowance, enter “1” on line B of the worksheet. File your 2011 taxes for free Head of household filing status (worksheet line E). File your 2011 taxes for free   Generally, you can file as head of household if you are unmarried and pay more than half the cost of keeping up a home that: Was the main home for all of 2014 of your parent whom you can claim as a dependent, or You lived in for more than half the year with your qualifying child or any other person you can claim as a dependent. File your 2011 taxes for free For more information, see Publication 501. File your 2011 taxes for free   If you expect to file as head of household on your 2014 tax return, enter “1” on line E of the worksheet. File your 2011 taxes for free Reduction of personal allowances. File your 2011 taxes for free   For 2014, your deduction for personal exemptions on your tax return is reduced if your adjusted gross income (AGI) is more than the AGI shown next for your filing status. File your 2011 taxes for free Personal Allowance Phaseout Threshold Single $254,200 Married filing jointly or qualifying widow(er) $305,050 Married filing separately $152,525 Head of household $279,650   If you expect your AGI to be more than the amount listed, use Worksheet 1-1 to figure your reduced number of personal allowances on lines A, C, and D of the Personal Allowances Worksheet. File your 2011 taxes for free Worksheet 1-1. File your 2011 taxes for free Personal Allowances Worksheet (Form W-4) Reduction of Personal Allowances if AGI Above Phaseout Threshold 1. File your 2011 taxes for free Enter the total amount of allowances on lines A, C, and D of the Personal Allowance Worksheet without regard to the phaseout rule 1. File your 2011 taxes for free   2. File your 2011 taxes for free Enter your expected AGI 2. File your 2011 taxes for free       3. File your 2011 taxes for free Enter $254,200 if single $305,050 if married filing jointly or qualifying widow(er) $152,525 if married filing separately $279,650 if head of household 3. File your 2011 taxes for free       4. File your 2011 taxes for free Subtract line 3 from line 2 4. File your 2011 taxes for free       5. File your 2011 taxes for free Divide line 4 by $125,000 ($62,500 if married filing separately). File your 2011 taxes for free Enter the result as a decimal 5. File your 2011 taxes for free   6. File your 2011 taxes for free Multiply line 1 by line 5. File your 2011 taxes for free If the result is not a whole number, increase it to the next higher whole number 6. File your 2011 taxes for free   7. File your 2011 taxes for free Subtract line 6 from line 1. File your 2011 taxes for free The total of the numbers you enter on A, C, and D of the Personal Allowances Worksheet can not be more than this amount 7. File your 2011 taxes for free     Child and dependent care credit (worksheet line F). File your 2011 taxes for free   Enter “1” on line F if you expect to claim a credit for at least $2,000 of qualifying child or dependent care expenses on your 2014 return. File your 2011 taxes for free Generally, qualifying expenses are those you pay for the care of your dependent who is your qualifying child under age 13 or for your spouse or dependent who is not able to care for himself or herself so that you can work or look for work. File your 2011 taxes for free For more information, see Publication 503, Child and Dependent Care Expenses. File your 2011 taxes for free   Instead of using line F, you can choose to take the credit into account on line 5 of the Deductions and Adjustments Worksheet, as explained under Tax credits , later. File your 2011 taxes for free Child tax credit (worksheet line G). File your 2011 taxes for free   If your total income will be less than $65,000 ($95,000 if married), enter “2” on line G for each eligible child. File your 2011 taxes for free Subtract “1” from that amount if you have three to six eligible children. File your 2011 taxes for free Subtract “2” from that amount if you have seven or more eligible children. File your 2011 taxes for free   If your total income will be between $65,000 and $84,000 ($95,000 and $119,000 if married), enter “1” on line G for each eligible child. File your 2011 taxes for free   An eligible child is any child: Who is your son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister, half brother, half sister, or a descendant of any of them (for example, your grandchild, niece, or nephew), Who will be under age 17 at the end of 2014, Who is younger than you (or your spouse if filing jointly) or permanently and totally disabled, Who will not provide over half of his or her own support for 2014, Who will not file a joint return, unless the return is filed only as a claim for refund, Who will live with you for more than half of 2014, Who is a U. File your 2011 taxes for free S. File your 2011 taxes for free citizen, U. File your 2011 taxes for free S. File your 2011 taxes for free national, or U. File your 2011 taxes for free S. File your 2011 taxes for free resident alien, and Who will be claimed as a dependent on your return. File your 2011 taxes for free If you are a U. File your 2011 taxes for free S. File your 2011 taxes for free citizen or U. File your 2011 taxes for free S. File your 2011 taxes for free national and your adopted child lived with you all year as a member of your household, that child meets the citizenship test. File your 2011 taxes for free   Also, if any other person can claim the child as an eligible child, see Qualifying child of more than one person in the 2013 instructions for Form 1040 or 1040A, line 6c. File your 2011 taxes for free   For more information about the child tax credit, see the instructions for Form 1040 or Form 1040A. File your 2011 taxes for free   Instead of using line G, you can choose to take the credit into account on line 5 of the Deductions and Adjustments Worksheet, as explained under Tax credits , later. File your 2011 taxes for free Total personal allowances (worksheet line H). File your 2011 taxes for free    Add lines A through G and enter the total on line H. File your 2011 taxes for free If you do not use either of the worksheets on the back of Form W-4, enter the number from line H on line 5 of Form W-4. File your 2011 taxes for free Deductions and Adjustments Worksheet Use the Deductions and Adjustments Worksheet on page 2 of Form W-4 if you plan to itemize your deductions, claim certain credits, or claim adjustments to the income on your 2014 tax return and you want to reduce your withholding. File your 2011 taxes for free Also, complete this worksheet when you have changes to those items to see if you need to change your withholding. File your 2011 taxes for free Use the amount of each item you reasonably can expect to show on your return. File your 2011 taxes for free However, do not use more than: The amount shown for that item on your 2013 return (or your 2012 return if you have not yet filed your 2013 return), plus Any additional amount related to a transaction or occurrence (such as payments already made, the signing of an agreement, or the sale of property) that you can prove has happened or will happen during 2013 or 2014. File your 2011 taxes for free Do not include any amount shown on your last tax return that has been disallowed by the IRS. File your 2011 taxes for free Example. File your 2011 taxes for free On June 30, 2013, you bought your first home. File your 2011 taxes for free On your 2013 tax return, you claimed itemized deductions of $6,600, the total mortgage interest and real estate tax you paid during the 6 months you owned your home. File your 2011 taxes for free Based on your mortgage payment schedule and your real estate tax assessment, you reasonably can expect to claim deductions of $13,200 for those items on your 2014 return. File your 2011 taxes for free You can use $13,200 to figure the number of your withholding allowances for itemized deductions. File your 2011 taxes for free Not itemizing deductions. File your 2011 taxes for free   If you expect to claim the standard deduction on your tax return, skip lines 1 and 2, and enter “0” on line 3 of the worksheet. File your 2011 taxes for free Itemized deductions (worksheet line 1). File your 2011 taxes for free   Enter your estimated total itemized deductions on line 1 of the worksheet. File your 2011 taxes for free   Listed below are some of the deductions you can take into account when figuring additional withholding allowances for 2014. File your 2011 taxes for free You normally claim these deductions on Schedule A of Form 1040. File your 2011 taxes for free Medical and dental expenses that are more than 10% (7. File your 2011 taxes for free 5% if either you or your spouse was born before January 2, 1950) of your 2014 AGI (defined under AGI , later). File your 2011 taxes for free State and local income or property taxes. File your 2011 taxes for free Deductible home mortgage interest. File your 2011 taxes for free Investment interest up to net investment income. File your 2011 taxes for free Charitable contributions. File your 2011 taxes for free Casualty and theft losses that are more than $100 and 10% of your AGI. File your 2011 taxes for free Fully deductible miscellaneous itemized deductions, including: Impairment-related work expenses of persons with disabilities, Federal estate tax on income in respect of a decedent, Repayment of more than $3,000 of income held under a claim of right that you included in income in an earlier year because at the time you thought you had an unrestricted right to it, Unrecovered investments in an annuity contract under which payments have ceased because of the annuitant's death, Gambling losses up to the amount of gambling winnings reported on your return, and Casualty and theft losses from  income-producing property. File your 2011 taxes for free Other miscellaneous itemized deductions that are more than 2% of your AGI, including: Unreimbursed employee business expenses, such as education expenses, work clothes and uniforms, union dues and fees, and the cost of work-related small tools and supplies, Safe deposit box rental, Tax counsel and assistance, and Certain fees paid to an IRA trustee or custodian. File your 2011 taxes for free AGI. File your 2011 taxes for free   For the purpose of estimating your itemized deductions, your AGI is your estimated total income for 2014 minus any estimated adjustments to income (discussed later) that you include on line 4 of the Deductions and Adjustments Worksheet. File your 2011 taxes for free Phaseout of itemized deductions. File your 2011 taxes for free   For 2014, your total itemized deductions may be phased out (reduced) if your AGI is more than the following thresholds. File your 2011 taxes for free    Itemized Deduction Phaseout Threshold Single $254,200 Married filing jointly or qualifying widow(er) $305,050 Married filing separately $152,525 Head of household $279,650   If you expect your AGI to be more than the amount listed, use Worksheet 1–2 to figure your reduction in itemized deductions. File your 2011 taxes for free Worksheet 1-2. File your 2011 taxes for free Deductions and Adjustments Worksheet (Form W-4)—Line 1 Phaseout of Itemized Deductions 1. File your 2011 taxes for free Enter the estimated total of your itemized deductions 1. File your 2011 taxes for free   2. File your 2011 taxes for free Enter the amount included in line 1 for medical and dental expenses, investment interest, casualty or theft losses, and gambling losses 2. File your 2011 taxes for free   3. File your 2011 taxes for free Is the amount on line 2 less than the amount on line 1? ❑ No. File your 2011 taxes for free Stop here. File your 2011 taxes for free Your deduction is not limited. File your 2011 taxes for free Enter the amount from line 1 above on line 1 of the Deductions and Adjustments Worksheet. File your 2011 taxes for free  ❑ Yes. File your 2011 taxes for free Subtract line 2 from line 1. File your 2011 taxes for free 3. File your 2011 taxes for free       4. File your 2011 taxes for free Multiply line 3 by 80% (. File your 2011 taxes for free 80) 4. File your 2011 taxes for free       5. File your 2011 taxes for free Enter your expected AGI 5. File your 2011 taxes for free       6. File your 2011 taxes for free Enter $305,050 If married filing jointly or qualifying widow(er), $279,650 if head of household, $254,200 if single, or $152,525 if married filing separately 6. File your 2011 taxes for free   7. File your 2011 taxes for free Is the amount on line 6 less than the amount on line 5? ❑ No. File your 2011 taxes for free Stop here. File your 2011 taxes for free Your deduction is not limited. File your 2011 taxes for free Enter the amount from line 1 above on line 1 of the Deductions and Adjustments Worksheet. File your 2011 taxes for free  ❑ Yes. File your 2011 taxes for free Subtract line 6 from line 5. File your 2011 taxes for free 7. File your 2011 taxes for free       8. File your 2011 taxes for free Multiply line 7 by 3% (. File your 2011 taxes for free 03) 8. File your 2011 taxes for free       9. File your 2011 taxes for free Enter the smaller of line 4 or line 8 9. File your 2011 taxes for free     10. File your 2011 taxes for free Subtract line 9 from line 1. File your 2011 taxes for free Enter the result here and on line 1 of the Deductions and Adjustments Worksheet 10. File your 2011 taxes for free     Adjustments to income (worksheet line 4). File your 2011 taxes for free   Enter your estimated total adjustments to income on line 4 of the Deductions and Adjustments Worksheet. File your 2011 taxes for free   You can take the following adjustments to income into account when figuring additional withholding allowances for 2014. File your 2011 taxes for free These adjustments appear on page 1 of your Form 1040 or 1040A. File your 2011 taxes for free Net losses from Schedules C, D, E, and F of Form 1040 and from Part II of Form 4797, line 18b. File your 2011 taxes for free Net operating loss carryovers. File your 2011 taxes for free Certain business expenses of reservists, performing artists, and fee-based government officials. File your 2011 taxes for free Health savings account or medical savings account deduction. File your 2011 taxes for free Certain moving expenses. File your 2011 taxes for free Deduction for self-employment tax. File your 2011 taxes for free Deduction for contributions to self-employed SEP, and qualified SIMPLE plans. File your 2011 taxes for free Self-employed health insurance deduction. File your 2011 taxes for free Penalty on early withdrawal of savings. File your 2011 taxes for free Alimony paid. File your 2011 taxes for free IRA deduction. File your 2011 taxes for free Student loan interest deduction. File your 2011 taxes for free Jury duty pay given to your employer. File your 2011 taxes for free Reforestation amortization and expenses. File your 2011 taxes for free Deductible expenses related to income reported on line 21 from the rental of personal property engaged in for profit. File your 2011 taxes for free Repayment of certain supplemental unemployment benefits. File your 2011 taxes for free Contributions to IRC 501(c)(18)(D) pension plans. File your 2011 taxes for free Contributions by certain chaplains to IRC 403(b) plans. File your 2011 taxes for free Attorney fees and court costs for certain unlawful discrimination claims. File your 2011 taxes for free Attorney fees and court costs for certain whistleblower awards. File your 2011 taxes for free Estimated amount of decrease in tax attributable to income averaging using Schedule J (Form 1040). File your 2011 taxes for free Tax credits (worksheet line 5). File your 2011 taxes for free   Although you can take most tax credits into account when figuring withholding allowances, the Personal Allowances Worksheet uses only the child and dependent care credit (line F) and the child tax credit (line G). File your 2011 taxes for free But you can take these credits and others into account by adding an extra amount on line 5 of the Deductions and Adjustments Worksheet. File your 2011 taxes for free   If you take the child and dependent care credit into account on line 5, do not use line F. File your 2011 taxes for free If you take the child tax credit into account on line 5, do not use line G. File your 2011 taxes for free   In addition to the child and dependent care credit and the child tax credit, you can generally take into account the following credits. File your 2011 taxes for free See the individual tax form instructions for more details. File your 2011 taxes for free Foreign tax credit, except any credit that applies to wages not subject to U. File your 2011 taxes for free S. File your 2011 taxes for free income tax withholding because they are subject to income tax withholding by a foreign country. File your 2011 taxes for free See Publication 514, Foreign Tax Credit for Individuals. File your 2011 taxes for free Credit for the elderly or the disabled. File your 2011 taxes for free See Publication 524, Credit for the Elderly or the Disabled. File your 2011 taxes for free Education credits. File your 2011 taxes for free See Publication 970, Tax Benefits for Education. File your 2011 taxes for free Retirement savings contributions credit (saver's credit). File your 2011 taxes for free See Publication 590. File your 2011 taxes for free Mortgage interest credit. File your 2011 taxes for free See Publication 530, Tax Information for Homeowners. File your 2011 taxes for free Adoption credit. File your 2011 taxes for free See the Instructions for Form 8839. File your 2011 taxes for free Credit for nonrefundable portion of prior year minimum tax if you paid alternative minimum tax in an earlier year. File your 2011 taxes for free See the Instructions for Form 8801. File your 2011 taxes for free General business credit. File your 2011 taxes for free See the Instructions for Form 3800. File your 2011 taxes for free Earned income credit. File your 2011 taxes for free See Publication 596. File your 2011 taxes for free Figuring line 5 entry. File your 2011 taxes for free   To figure the amount to add on line 5 for tax credits, multiply your estimated total credits by the appropriate number from Table 1-3 . File your 2011 taxes for free Example. File your 2011 taxes for free You are married and expect to file a joint return for 2014. File your 2011 taxes for free Your combined estimated wages are $68,000. File your 2011 taxes for free Your estimated tax credits include a child and dependent care credit of $960 and a mortgage interest credit of $1,700 (total credits = $2,660). File your 2011 taxes for free In Table 1-3, the number corresponding to your combined estimated wages ($42,001 – $98,000) is 6. File your 2011 taxes for free 7. File your 2011 taxes for free Multiply your total estimated tax credits of $2,660 by 6. File your 2011 taxes for free 7. File your 2011 taxes for free Add the result, $17,822, to the amount you otherwise would show on line 5 of the Deductions and Adjustments Worksheet and enter the total on line 5. File your 2011 taxes for free Because you choose to account for your child and dependent care credit this way, do not make an entry on line F of the Personal Allowances Worksheet. File your 2011 taxes for free Nonwage income (worksheet line 6). File your 2011 taxes for free   Enter on line 6 your estimated total nonwage income (other than tax-exempt income). File your 2011 taxes for free Nonwage income includes interest, dividends, net rental income, unemployment compensation, alimony, gambling winnings, prizes and awards, hobby income, capital gains, royalties, and partnership income. File your 2011 taxes for free   If line 6 is more than line 5, you may not have enough income tax withheld from your wages. File your 2011 taxes for free See Getting the Right Amount of Tax Withheld , later. File your 2011 taxes for free Net deductions and adjustments (worksheet line 8). File your 2011 taxes for free    If line 7 is less than $3,950, enter “0” on line 8. File your 2011 taxes for free If line 7 is $3,950 or more, divide it by $3,950, drop any fraction, and enter the result on line 8. File your 2011 taxes for free Example. File your 2011 taxes for free If line 7 is $5,200, $5,200 ÷ $3,950 = 1. File your 2011 taxes for free 32. File your 2011 taxes for free Drop the fraction (. File your 2011 taxes for free 32) and enter “1” on line 8. File your 2011 taxes for free Two-Earners/Multiple Jobs Worksheet Complete the Two-Earners/Multiple Jobs Worksheet on page 2 of Form W-4 if you have more than one job or are married and you and your spouse both work and the combined earnings from all jobs are more than $50,000 ($20,000 if married). File your 2011 taxes for free Reducing your allowances (worksheet lines 1-3). File your 2011 taxes for free   On line 1 of the worksheet, enter the number from line H of the Personal Allowances Worksheet (or line 10 of the Deductions and Adjustments Worksheet, if used). File your 2011 taxes for free Using Table 1 in the Two-Earners/Multiple Jobs Worksheet, find the number listed beside the amount of your estimated wages for the year from your lowest paying job (or if lower and you are filing jointly, your spouse's job). File your 2011 taxes for free Enter that number on line 2. File your 2011 taxes for free However, if you are married filing jointly and estimated wages from the highest paying job are $65,000 or less, do not enter more than “3. File your 2011 taxes for free ”    Table 1-3. File your 2011 taxes for free Deductions and Adjustments Worksheet (Form W-4)—Line 5 a. File your 2011 taxes for free  Married Filing Jointly or Qualifying Widow(er) If combined income from all sources is:   Multiply credits by: $0 – 42,000 10. File your 2011 taxes for free 0 $42,001 – 98,000 6. File your 2011 taxes for free 7 $98,001 – 180,000 4. File your 2011 taxes for free 0 $180,001 – 270,000 3. File your 2011 taxes for free 6 $270,001 – 440,000 3. File your 2011 taxes for free 0 $440,001 – 490,000. File your 2011 taxes for free . File your 2011 taxes for free . File your 2011 taxes for free . File your 2011 taxes for free 2. File your 2011 taxes for free 9 $490,001 and over 2. File your 2011 taxes for free 5 b. File your 2011 taxes for free  Single If combined income from all sources is:   Multiply credits by: $0 – 19,000 10. File your 2011 taxes for free 0 $19,001 – 47,000 6. File your 2011 taxes for free 7 $47,001 – 104,000 4. File your 2011 taxes for free 0 $104,001 – 205,000 3. File your 2011 taxes for free 6 $205,001 – 430,000 3. File your 2011 taxes for free 0 $430,001 and over 2. File your 2011 taxes for free 5 c. File your 2011 taxes for free  Head of Household If combined income from all sources is:   Multiply credits by: $0 – 30,000 10. File your 2011 taxes for free 0 $30,001 – 66,000 6. File your 2011 taxes for free 7 $66,001 – 150,000 4. File your 2011 taxes for free 0 $150,001 – 235,000 3. File your 2011 taxes for free 6 $235,001 – 430,000 3. File your 2011 taxes for free 0 $430,001 – 460,000 2. File your 2011 taxes for free 9 $460,001 and over 2. File your 2011 taxes for free 5 d. File your 2011 taxes for free  Married Filing Separately   If combined income from all sources is:   Multiply credits by: $0 – 21,000 10. File your 2011 taxes for free 0 $21,001 – 49,000 6. File your 2011 taxes for free 7 $49,001 – 90,000 4. File your 2011 taxes for free 0 $90,001 – 135,000 3. File your 2011 taxes for free 6 $135,001 – 220,000 3. File your 2011 taxes for free 0 $220,001 – 245,000 2. File your 2011 taxes for free 9 $245,001 and over 2. File your 2011 taxes for free 5   Subtract line 2 from line 1 and enter the result (but not less than zero) on line 3 and on Form W-4, line 5. File your 2011 taxes for free If line 1 is more than or equal to line 2, do not use the rest of the worksheet. File your 2011 taxes for free   If line 1 is less than line 2, enter “0” on Form W-4, line 5. File your 2011 taxes for free Then complete lines 4 through 9 of the worksheet to figure the additional withholding needed to avoid underwithholding. File your 2011 taxes for free Other amounts owed. File your 2011 taxes for free   If you expect to owe amounts other than income tax, such as self-employment tax, include them on line 8. File your 2011 taxes for free The total is the additional withholding needed for the year. File your 2011 taxes for free Getting the Right Amount of Tax Withheld In most situations, the tax withheld from your pay will be close to the tax you figure on your return if you follow these two rules. File your 2011 taxes for free You accurately complete all the Form W-4 worksheets that apply to you. File your 2011 taxes for free You give your employer a new Form W-4 when changes occur. File your 2011 taxes for free But because the worksheets and withholding methods do not account for all possible situations, you may not be getting the right amount withheld. File your 2011 taxes for free This is most likely to happen in the following situations. File your 2011 taxes for free You are married and both you and your spouse work. File your 2011 taxes for free You have more than one job at a time. File your 2011 taxes for free You have nonwage income, such as interest, dividends, alimony, unemployment compensation, or self-employment income. File your 2011 taxes for free You will owe additional amounts with your return, such as self-employment tax. File your 2011 taxes for free Your withholding is based on obsolete Form W-4 information for a substantial part of the year. File your 2011 taxes for free Your earnings are more than $130,000 if you are single or $180,000 if you are married. File your 2011 taxes for free You work only part of the year. File your 2011 taxes for free You change the number of your withholding allowances during the year. File your 2011 taxes for free You are subject to Additional Medicare Tax or Net Investment Income Tax. File your 2011 taxes for free If you anticipate liability for Additional Medicare Tax or Net Investment Income Tax, you may request that your employer withhold an additional amount of income tax withholding on Form W-4. File your 2011 taxes for free Part-Year Method If you work only part of the year and your employer agrees to use the part-year withholding method, less tax will be withheld from each wage payment than would be withheld if you worked all year. File your 2011 taxes for free To be eligible for the part-year method, you must meet both of the following requirements. File your 2011 taxes for free You must use the calendar year (the 12 months from January 1 through December 31) as your tax year. File your 2011 taxes for free You cannot use a fiscal year. File your 2011 taxes for free You must not expect to be employed for more than 245 days during the year. File your 2011 taxes for free To figure this limit, count all calendar days that you are employed (including weekends, vacations, and sick days) beginning with the first day you are on the job for pay and ending with your last day of work. File your 2011 taxes for free If you are temporarily laid off for 30 days or less, count those days too. File your 2011 taxes for free If you are laid off for more than 30 days, do not count those days. File your 2011 taxes for free You will not meet this requirement if you begin working before May 1 and expect to work for the rest of the year. File your 2011 taxes for free How to apply for the part-year method. File your 2011 taxes for free   You must ask your employer in writing to use this method. File your 2011 taxes for free The request must state all three of the following. File your 2011 taxes for free The date of your last day of work for any prior employer during the current calendar year. File your 2011 taxes for free That you do not expect to be employed more than 245 days during the current calendar year. File your 2011 taxes for free That you use the calendar year as your tax year. File your 2011 taxes for free Cumulative Wage Method If you change the number of your withholding allowances during the year, too much or too little tax may have been withheld for the period before you made the change. File your 2011 taxes for free You may be able to compensate for this if your employer agrees to use the cumulative wage withholding method for the rest of the year. File your 2011 taxes for free You must ask your employer in writing to use this method. File your 2011 taxes for free To be eligible, you must have been paid for the same kind of payroll period (weekly, biweekly, etc. File your 2011 taxes for free ) since the beginning of the year. File your 2011 taxes for free Aids for Figuring Your Withholding IRS Withholding Calculator. File your 2011 taxes for free   If you had too much or too little income tax withheld from your pay, the IRS provides a withholding calculator on its website. File your 2011 taxes for free Go to www. File your 2011 taxes for free irs. File your 2011 taxes for free gov/Individuals/IRS-Withholding-Calculator. File your 2011 taxes for free It can help you determine the correct amount to be withheld any time during the year. File your 2011 taxes for free Rules Your Employer Must Follow It may be helpful for you to know some of the withholding rules your employer must follow. File your 2011 taxes for free These rules can affect how to fill out your Form W-4 and how to handle problems that may arise. File your 2011 taxes for free New Form W-4. File your 2011 taxes for free   When you start a new job, your employer should give you a Form W-4 to fill out. File your 2011 taxes for free Beginning with your first payday, your employer will use the information you give on the form to figure your withholding. File your 2011 taxes for free   If you later fill out a new Form W-4, your employer can put it into effect as soon as possible. File your 2011 taxes for free The deadline for putting it into effect is the start of the first payroll period ending 30 or more days after you turn it in. File your 2011 taxes for free No Form W-4. File your 2011 taxes for free   If you do not give your employer a completed Form W-4, your employer must withhold at the highest rate, as if you were single and claimed no withholding allowances. File your 2011 taxes for free Repaying withheld tax. File your 2011 taxes for free   If you find you are having too much tax withheld because you did not claim all the withholding allowances you are entitled to, you should give your employer a new Form W-4. File your 2011 taxes for free Your employer cannot repay any of the tax previously withheld. File your 2011 taxes for free Instead, claim the full amount withheld when you file your tax return. File your 2011 taxes for free   However, if your employer has withheld more than the correct amount of tax for the Form W-4 you have in effect, you do not have to fill out a new Form W-4 to have your withholding lowered to the correct amount. File your 2011 taxes for free Your employer can repay the amount that was withheld incorrectly. File your 2011 taxes for free If you are not repaid, your Form W-2 will reflect the full amount actually withheld, which you would claim when you file your tax return. File your 2011 taxes for free IRS review of your withholding. File your 2011 taxes for free   Whether you are entitled to claim a certain number of allowances or a complete exemption from withholding is subject to review by the IRS. File your 2011 taxes for free Your employer may be required to send a copy of the Form W-4 to the IRS. File your 2011 taxes for free There is a penalty for supplying false information on Form W-4. File your 2011 taxes for free See Penalties , later. File your 2011 taxes for free   If the IRS determines that you cannot claim more than a specified number of withholding allowances or claim a complete exemption from withholding, the IRS will issue a notice of the maximum number of withholding allowances permitted (commonly referred to as a “lock-in letter”) to both you and your employer. File your 2011 taxes for free   The IRS will provide a period of time during which you can dispute the determination before your employer adjusts your withholding. File your 2011 taxes for free If you believe that you are entitled to claim complete exemption from withholding or claim more withholding allowances than the maximum number specified by the IRS in the lock-in letter, you must submit a new Form W-4 and a written statement to support your claims to the IRS. File your 2011 taxes for free Contact information (a toll-free number and an IRS office address) will be provided in the lock-in letter. File your 2011 taxes for free At the end of this period, if you have not responded or if your response is not adequate, your employer will be required to withhold based on the original lock-in letter. File your 2011 taxes for free   After the lock-in letter takes effect, your employer must withhold tax on the basis of the withholding rate (marital status) and maximum number of withholding allowances specified in that letter. File your 2011 taxes for free   If you later believe that you are entitled to claim exemption from withholding or more allowances than the IRS determined, you can complete a new Form W-4 and a written statement to support the claims made on the Form W-4 and send them directly to the IRS address shown on the lock-in letter. File your 2011 taxes for free Your employer must continue to figure your withholding on the basis of the number of allowances previously determined by the IRS until the IRS advises your employer otherwise. File your 2011 taxes for free   At any time, either before or after the lock-in letter becomes effective, you may give your employer a new Form W-4 that does not claim complete exemption from withholding and results in more income tax withheld than specified in the lock-in letter. File your 2011 taxes for free Your employer must then withhold tax based on this new Form W-4. File your 2011 taxes for free   Additional information is available at IRS. File your 2011 taxes for free gov. File your 2011 taxes for free Enter “withholding compliance questions” in the search box. File your 2011 taxes for free Exemption From Withholding If you claim exemption from withholding, your employer will not withhold federal income tax from your wages. File your 2011 taxes for free The exemption applies only to income tax, not to social security or Medicare tax. File your 2011 taxes for free You can claim exemption from withholding for 2014 only if both of the following situations apply. File your 2011 taxes for free For 2013 you had a right to a refund of all federal income tax withheld because you had no tax liability. File your 2011 taxes for free For 2014 you expect a refund of all federal income tax withheld because you expect to have no tax liability. File your 2011 taxes for free Use Figure 1-A to help you decide whether you can claim exemption from withholding. File your 2011 taxes for free Do not use Figure 1-A if you: Are 65 or older, Are blind, Will itemize deductions on your 2014 return, Will claim an exemption for a dependent on your 2014 return, or Will claim any tax credits on your 2014 return. File your 2011 taxes for free These situations are discussed later. File your 2011 taxes for free Students. File your 2011 taxes for free   If you are a student, you are not automatically exempt. File your 2011 taxes for free If you work only part time or during the summer, you may qualify for exemption from withholding. File your 2011 taxes for free Example 1. File your 2011 taxes for free You are a high school student and expect to earn $2,500 from a summer job. File your 2011 taxes for free You do not expect to have any other income during the year, and your parents will be able to claim an exemption for you on their tax return. File your 2011 taxes for free You worked last summer and had $375 federal income tax withheld from your pay. File your 2011 taxes for free The entire $375 was refunded when you filed your 2013 return. File your 2011 taxes for free Using Figure 1-A, you find that you can claim exemption from withholding. File your 2011 taxes for free Please click here for the text description of the image. File your 2011 taxes for free Figure 1-A: Exemption From Withholding on Form W-4 Example 2. File your 2011 taxes for free The facts are the same as in Example 1, except that you also have a savings account and expect to have $400 interest income during the year. File your 2011 taxes for free Using Figure 1-A, you find that you cannot claim exemption from withholding because your unearned income will be more than $350 and your total income will be more than $1,000. File your 2011 taxes for free    You may have to file a tax return, even if you are exempt from withholding. File your 2011 taxes for free See Publication 501 to see whether you must file a return. File your 2011 taxes for free    Age 65 or older or blind. File your 2011 taxes for free If you are 65 or older or blind, use Worksheet 1-3 or Worksheet 1-4, to help you decide whether you can claim exemption from withholding. File your 2011 taxes for free Do not use either worksheet if you will itemize deductions, claim exemptions for dependents, or claim tax credits on your 2014 return. File your 2011 taxes for free Instead, see Itemizing deductions or claiming exemptions or credits, next. File your 2011 taxes for free Itemizing deductions or claiming exemptions or credits. File your 2011 taxes for free   If you had no tax liability for 2013, and you will: Itemize deductions, Claim an exemption for a dependent, or Claim a tax credit, use the 2014 Estimated Tax Worksheet (also see chapter 2), to figure your 2014 expected tax liability. File your 2011 taxes for free You can claim exemption from withholding only if your total expected tax liability (line 13c of the worksheet) is zero. File your 2011 taxes for free Claiming exemption from withholding. File your 2011 taxes for free   To claim exemption, you must give your employer a Form W-4. File your 2011 taxes for free Do not complete lines 5 and 6. File your 2011 taxes for free Enter “Exempt” on line 7. File your 2011 taxes for free   If you claim exemption, but later your situation changes so that you will have to pay income tax after all, you must file a new Form W-4 within 10 days after the change. File your 2011 taxes for free If you claim exemption in 2014 but you expect to owe income tax for 2015, you must file a new Form W-4 by December 1, 2014. File your 2011 taxes for free   Your claim of exempt status may be reviewed by the IRS. File your 2011 taxes for free See IRS review of your withholding , earlier. File your 2011 taxes for free An exemption is good for only 1 year. File your 2011 taxes for free   You must give your employer a new Form W-4 by February 15 each year to continue your exemption. File your 2011 taxes for free Supplemental Wages Supplemental wages include bonuses, commissions, overtime pay, vacation allowances, certain sick pay, and expense allowances under certain plans. File your 2011 taxes for free The payer can figure withholding on supplemental wages using the same method used for your regular wages. File your 2011 taxes for free However, if these payments are identified separately from regular wages, your employer or other payer of supplemental wages can withhold income tax from these wages at a flat rate. File your 2011 taxes for free Expense allowances. File your 2011 taxes for free   Reimbursements or other expense allowances paid by your employer under a nonaccountable plan are treated as supplemental wages. File your 2011 taxes for free A nonaccountable plan is a reimbursement arrangement that does not require you to account for, or prove, your business expenses to your employer or does not require you to return your employer's payments that are more than your proven expenses. File your 2011 taxes for free   Reimbursements or other expense allowances paid under an accountable plan that are more than your proven expenses are treated as paid under a nonaccountable plan if you do not return the excess payments within a reasonable period of time. File your 2011 taxes for free Accountable plan. File your 2011 taxes for free   To be an accountable plan, your employer's reimbursement or allowance arrangement must include all three of the following rules. File your 2011 taxes for free Your expenses must have a business connection. File your 2011 taxes for free That is, you must have paid or incurred deductible expenses while performing services as an employee of your employer. File your 2011 taxes for free You must adequately account to your employer for these expenses within a reasonable period of time. File your 2011 taxes for free You must return any excess reimbursement or allowance within a reasonable period of time. File your 2011 taxes for free    An excess reimbursement or allowance is any amount you are paid that is more than the business-related expenses that you adequately accounted for to your employer. File your 2011 taxes for free   The definition of reasonable period of time depends on the facts and circumstances of your situation. File your 2011 taxes for free However, regardless of those facts and circumstances, actions that take place within the times specified in the following list will be treated as taking place within a reasonable period of time. File your 2011 taxes for free You receive an advance within 30 days of the time you have an expense. File your 2011 taxes for free You adequately account for your expenses within 60 days after they were paid or incurred. File your 2011 taxes for free You return any excess reimbursement within 120 days after the expense was paid or incurred. File your 2011 taxes for free You are given a periodic statement (at least quarterly) that asks you to either return or adequately account for outstanding advances and you comply within 120 days of the statement. File your 2011 taxes for free Nonaccountable plan. File your 2011 taxes for free   Any plan that does not meet the definition of an accountable plan is considered a nonaccountable plan. File your 2011 taxes for free For more information about accountable and nonaccountable plans, see chapter 6 of Publication 463, Travel, Entertainment, Gift, and Car Expenses. File your 2011 taxes for free Penalties You may have to pay a penalty of $500 if both of the following apply. File your 2011 taxes for free You make statements or claim withholding allowances on your Form W-4 that reduce the amount of tax withheld. File your 2011 taxes for free You have no reasonable basis for those statements or allowances at the time you prepare your Form W-4. File your 2011 taxes for free There is also a criminal penalty for willfully supplying false or fraudulent information on your Form W-4 or for willfully failing to supply information that would increase the amount withheld. File your 2011 taxes for free The penalty upon conviction can be either a fine of up to $1,000 or imprisonment for up to 1 year, or both. File your 2011 taxes for free These penalties will apply if you deliberately and knowingly falsify your Form W-4 in an attempt to reduce or eliminate the proper withholding of taxes. File your 2011 taxes for free A simple error or an honest mistake will not result in one of these penalties. File your 2011 taxes for free For example, a person who has tried to figure the number of withholding allowances correctly, but claims seven when the proper number is six, will not be charged a Form W-4 penalty. File your 2011 taxes for free However, see chapter 4 for information on the penalty for underpaying your tax. File your 2011 taxes for free Tips The tips you receive while working on your job are considered part of your pay. File your 2011 taxes for free You must include your tips on your tax return on the same line as your regular pay. File your 2011 taxes for free However, tax is not withheld directly from tip income, as it is from your regular pay. File your 2011 taxes for free Nevertheless, your employer will take into account the tips you report when figuring how much to withhold from your regular pay. File your 2011 taxes for free Reporting tips to your employer. File your 2011 taxes for free   If you receive tips of $20 or more in a month while working for any one employer, you must report to your employer the total amount of tips you receive on the job during the month. File your 2011 taxes for free The report is due by the 10th day of the following month. File your 2011 taxes for free   If you have more than one job, make a separate report to each employer. File your 2011 taxes for free Report only the tips you received while working for that employer, and only if they total $20 or more for the month. File your 2011 taxes for free How employer figures amount to withhold. File your 2011 taxes for free   The tips you report to your employer are counted as part of your income for the month you report them. File your 2011 taxes for free Your employer can figure your withholding in either of two ways. File your 2011 taxes for free By withholding at the regular rate on the sum of your pay plus your reported tips. File your 2011 taxes for free By withholding at the regular rate on your pay plus a percentage of your reported tips. File your 2011 taxes for free Not enough pay to cover taxes. File your 2011 taxes for free   If your regular pay is not enough for your employer to withhold all the tax (including income tax and social security and Medicare taxes (or the equivalent railroad retirement tax)) due on your pay plus your tips, you can give your employer money to cover the shortage. File your 2011 taxes for free   If you do not give your employer money to cover the shortage, your employer first withholds as much Medicare tax and social security or railroad retirement tax as possible, up to the proper amount, and then withholds income tax up to the full amount of your pay. File your 2011 taxes for free If not enough tax is withheld, you may have to pay estimated tax. File your 2011 taxes for free When you file your return, you also may have to pay any Medicare and social security tax or railroad retirement tax your employer could not withhold. File your 2011 taxes for free Tips not reported to your employer. File your 2011 taxes for free   On your tax return, you must report all the tips you receive during the year, even tips you do not report to your employer (this includes the value of any noncash tips you received, such as tickets, passes, or other items of value). File your 2011 taxes for free Make sure you are having enough tax withheld, or are paying enough estimated tax (see chapter 2), to cover all your tip income. File your 2011 taxes for free Allocated tips. File your 2011 taxes for free   If you work in a large food or beverage establishment, your employer may have to report an allocated amount of tips on your Form W-2. File your 2011 taxes for free   Your employer should not withhold income tax, Medicare tax, and social security or railroad retirement tax on the allocated amount. File your 2011 taxes for free Withholding is based only on your pay plus your reported tips. File your 2011 taxes for free Your employer should refund to you any incorrectly withheld tax. File your 2011 taxes for free More information. File your 2011 taxes for free   For more information on the reporting and withholding rules for tip income and on tip allocation, see Publi
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File your 2011 taxes for free 7. File your 2011 taxes for free   Ingresos de Intereses Table of Contents Recordatorio Introduction Useful Items - You may want to see: Información General SSN para una cuenta conjunta. File your 2011 taxes for free Cuenta de custodia para su hijo. File your 2011 taxes for free Multa por no facilitar un SSN. File your 2011 taxes for free Cómo se declara la retención adicional. File your 2011 taxes for free Cuenta de ahorros con uno de los padres como fideicomisario. File your 2011 taxes for free Intereses que no se declaran en el Formulario 1099-INT. File your 2011 taxes for free Nominatarios. File your 2011 taxes for free Cantidad incorrecta. File your 2011 taxes for free Requisito de declarar ciertos datos. File your 2011 taxes for free Intereses Sujetos a ImpuestosIntereses sujetos a la multa por retiro prematuro de fondos. File your 2011 taxes for free Préstamo para invertir en un certificado de depósito. File your 2011 taxes for free Bonos de Ahorro de los Estados Unidos Programa de Bonos de Ahorro para Estudios Letras, Pagarés y Bonos del Tesoro de los Estados Unidos Bonos que se Venden Entre las Fechas de Pago de los Intereses Seguros Obligaciones del Gobierno Estatal o Local Descuento de la Emisión Original (OID) Cuándo Se Deben Declarar los Ingresos de InteresesRecibo implícito. File your 2011 taxes for free Cómo se Declaran los Ingresos de InteresesAnexo B (Formulario 1040A o Formulario 1040). File your 2011 taxes for free Cómo declarar los intereses exentos de impuesto. File your 2011 taxes for free Intereses de bonos de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free declarados anteriormente. File your 2011 taxes for free Recordatorio Ingresos de fuentes en el extranjero. File your 2011 taxes for free  Si es ciudadano estadounidense y recibió ingresos de intereses desde fuentes que se encuentran fuera de los Estados Unidos (ingresos de origen extranjero), tiene que declarar esos ingresos en su declaración de impuestos a no ser que los mismos estén exentos de impuestos de acuerdo con la ley de los Estados Unidos. File your 2011 taxes for free Esto es aplicable aun cuando resida dentro o fuera de los Estados Unidos o no haya recibido un Formulario 1099 de un pagador en el extranjero. File your 2011 taxes for free Introduction Este capítulo trata de los siguientes temas: Las diferentes clases de ingresos de intereses. File your 2011 taxes for free Qué intereses están sujetos a impuestos y qué intereses no están sujetos a impuestos. File your 2011 taxes for free Cuándo se deben declarar los ingresos por concepto de intereses y Cómo se declaran los ingresos de intereses en su declaración de impuestos. File your 2011 taxes for free Por regla general, los intereses que usted reciba o que se abonen a su cuenta y puedan ser retirados constituyen ingreso tributable. File your 2011 taxes for free Las excepciones a esta regla se explican más adelante en este capítulo. File your 2011 taxes for free Puede deducir los gastos en los que haya incurrido al producir esos ingresos en el Anexo A del Formulario 1040 si detalla las deducciones. File your 2011 taxes for free Vea Préstamo para invertir en un certificado de depósito , más adelante, y el capítulo 28 . File your 2011 taxes for free Useful Items - You may want to see: Publicación 537 Installment Sales (Ventas a plazos), en inglés 550 Investment Income and Expenses (Ingresos y gastos de inversiones), en inglés 1212 Guide to Original Issue Discount (OID) Instruments (Guía para documentos relacionados con la emisión original de descuento (OID, por sus siglas en inglés)), en inglés Formulario (e Instrucciones) Anexo B (Formulario 1040A o 1040) Interest and Ordinary Dividends (Intereses y dividendos ordinarios), en inglés 8815 Exclusion of Interest From Series EE and I U. File your 2011 taxes for free S. File your 2011 taxes for free Savings Bonds Issued After 1989 (Exclusión de los intereses provenientes de bonos de ahorros estadounidenses calificados de las Series EE e I emitidos después de 1989), en inglés 8818 Optional Form To Record Redemption of Series EE and I U. File your 2011 taxes for free S. File your 2011 taxes for free Savings Bonds Issued After 1989 (Formulario opcional para documentar el rescate de bonos de ahorros de las Series EE e I emitidos después de 1989), en inglés Información General A continuación, se tratan algunos temas de interés general: Documentación. File your 2011 taxes for free Debe guardar una lista en la que se indiquen la fuente y cantidades de intereses recibidos durante el año. File your 2011 taxes for free Guarde también los documentos que reciba en los cuales aparezcan sus ingresos de intereses (por ejemplo, los Formularios 1099-INT) como una parte importante de sus archivos. File your 2011 taxes for free Impuestos sobre ingresos no derivados del trabajo de determinados hijos. File your 2011 taxes for free   Una parte de los ingresos no derivados del trabajo que haya recibido un hijo en el año 2013 podría estar sujeta a la misma tasa impositiva que la de sus padres. File your 2011 taxes for free En ese caso, tiene que completar el Formulario 8615, Tax for Certain Children Who Have Unearned Income (Impuesto para determinados hijos con ingresos no derivados del trabajo), en inglés, y adjuntarlo a la declaración de impuestos del menor en cuestión. File your 2011 taxes for free Si no le corresponde, no se requiere el Formulario 8615 y los ingresos del menor están sujetos a la tasa impositiva que le corresponde. File your 2011 taxes for free   Ciertos padres determinados pueden optar por incluir los intereses y dividendos del menor en su declaración de impuestos si se satisfacen ciertos requisitos. File your 2011 taxes for free Si usted es uno de dichos padres, utilice el Formulario 8814, Parents' Election To Report Child's Interest and Dividends (Elección del padre o de la madre de declarar los intereses y dividendos del hijo), en inglés, para tal propósito. File your 2011 taxes for free   Para más información acerca del impuesto sobre los ingresos no derivados del trabajo de hijos menores y la elección de los padres, vea el capítulo 31. File your 2011 taxes for free Beneficiario de un caudal hereditario o fideicomiso. File your 2011 taxes for free   Los ingresos por concepto de intereses que recibe como beneficiario de un caudal hereditario o fideicomiso suelen considerarse ingreso tributable. File your 2011 taxes for free Usted debería recibir del fiduciario un Anexo K-1 (Formulario 1041), Beneficiary's Share of Income, Deductions, Credits, etc. File your 2011 taxes for free (Participación en los ingresos, deducciones, créditos, etc. File your 2011 taxes for free , correspondiente al beneficiario), en inglés. File your 2011 taxes for free La copia Anexo K-1 (Formulario 1041), en inglés, y las instrucciones afines le informarán en dónde se deben anotar los ingresos en el Formulario 1040. File your 2011 taxes for free Número de Seguro Social. File your 2011 taxes for free   Tiene que facilitar su nombre y número de Seguro Social (SSN, por sus siglas en inglés) o número de identificación personal del contribuyente del Servicio de Impuestos Internos (ITIN, por sus siglas en inglés) a todo individuo que esté obligado por las leyes federales de impuestos a hacer una declaración, informe u otro documento pertinente a su caso. File your 2011 taxes for free Esto incluye a quienes pagan intereses. File your 2011 taxes for free Si no le provee su SSN o ITIN al pagador de los intereses, quizás tendría que pagar una multa. File your 2011 taxes for free SSN para una cuenta conjunta. File your 2011 taxes for free   Si los fondos de una cuenta conjunta pertenecen a un solo individuo, anote primero el nombre de tal individuo en la cuenta y déle al pagador el SSN de esa persona. File your 2011 taxes for free (Para información sobre quién tiene posesión legal de los fondos en una cuenta conjunta, vea Cuentas conjuntas , más adelante). File your 2011 taxes for free Si la cuenta conjunta tiene fondos mixtos, anote el SSN del individuo cuyo nombre aparece primero en la cuenta. File your 2011 taxes for free Esto es así ya que sólo un nombre y un SSN se pueden mostrar en el Formulario 1099. File your 2011 taxes for free   Estas reglas corresponden a la posesión conjunta de una cuenta de un matrimonio y a la posesión conjunta de la cuenta por otros individuos. File your 2011 taxes for free Por ejemplo, si abre una cuenta conjunta de ahorros con su hijo, utilizando fondos que pertenezcan únicamente al hijo, anote primero el nombre de éste en la cuenta y provea el SSN del hijo. File your 2011 taxes for free Cuenta de custodia para su hijo. File your 2011 taxes for free   Si su hijo es el dueño legal de una cuenta que se ha registrado en nombre de usted como custodio del hijo o de la hija, déle al pagador el SSN de su hijo. File your 2011 taxes for free Por ejemplo, usted tiene que proveer el SSN de su hijo a quien paga los intereses de la cuenta de su hijo, aun cuando se le paguen los intereses a usted como custodio. File your 2011 taxes for free Multa por no facilitar un SSN. File your 2011 taxes for free   Si no le da su SSN a quien paga los intereses, quizás tenga que pagar una multa. File your 2011 taxes for free Vea Incumplimiento de la entrega del número de Seguro Social , bajo Multas, en el capítulo 1 de esta publicación. File your 2011 taxes for free La retención adicional (backup withholding) también puede corresponder en este caso. File your 2011 taxes for free Retención adicional de impuestos. File your 2011 taxes for free   Por regla general, los ingresos de intereses no están sujetos a la retención normal del impuesto. File your 2011 taxes for free No obstante, pueden estar sujetos a la retención adicional (backup withholding) para asegurar que se le retenga impuesto sobre ese ingreso. File your 2011 taxes for free Según la regla de la retención adicional, el pagador de los intereses tiene que retener un porcentaje conforme a la tasa apropiada de retención, de la cantidad del ingreso que le paga como impuesto sobre los ingresos. File your 2011 taxes for free   También se le puede requerir una retención adicional de impuestos si el Servicio de Impuestos Internos (IRS, por sus siglas en inglés) ha determinado que usted declaró una cantidad inferior de ingresos de intereses o dividendos de lo que en verdad recibió. File your 2011 taxes for free Para más información, vea Retención Adicional , en el capítulo 4. File your 2011 taxes for free Cómo se declara la retención adicional. File your 2011 taxes for free   Si se le deduce retención adicional de impuestos de sus ingresos de intereses, el pagador de los ingresos tiene que enviarle un Formulario 1099-INT para el año, el cual mostrará la cantidad adicional retenida. File your 2011 taxes for free El Formulario 1099-INT indicará toda retención adicional como “ Federal income tax withheld (Impuesto federal sobre los ingresos retenido)”. File your 2011 taxes for free Cuentas conjuntas. File your 2011 taxes for free   Si dos o más individuos tienen bienes (por ejemplo, una cuenta de ahorros o bono de propiedad) en tenencia conjunta (joint tenants) o de propiedad de tenencia conyugal (tenants by the entirety) o de tenencia común (tenants in common), la participación de cada individuo en la propiedad o bien en cuestión se determinará según las leyes locales. File your 2011 taxes for free Ingresos derivados de propiedad regalada a un hijo. File your 2011 taxes for free   Toda propiedad que usted haya regalado a su hijo bajo la Model Gifts of Securities to Minors Act (Ley modelo de regalos de valores bursátiles a hijos menores), la Uniform Gifts to Minors Act (Ley uniforme de regalos a hijos menores) o bajo ley semejante alguna, se considera propiedad que pertenece al hijo. File your 2011 taxes for free   Los ingresos derivados de la propiedad son tributables al hijo, a menos que alguna parte de los ingresos se utilice para satisfacer una obligación o deuda legal de manutención del hijo de uno de los padres o tutor, el cual tiene la responsabilidad de incluir dichos ingresos y pagar impuestos. File your 2011 taxes for free Cuenta de ahorros con uno de los padres como fideicomisario. File your 2011 taxes for free   Los ingresos de intereses de una cuenta de ahorros establecida para un hijo menor que se haya puesto a nombre de los padres y esté sujeta al control de éstos como fideicomisarios, es tributable con respecto al hijo si, de acuerdo con la ley del estado en el cual vive el hijo, corresponden las dos condiciones siguientes: La cuenta de ahorros pertenece legalmente al hijo. File your 2011 taxes for free Los padres no tienen autorización legal para utilizar porción alguna de los fondos para costear los gastos de manutención del hijo. File your 2011 taxes for free Formulario 1099-INT. File your 2011 taxes for free   Por lo general, los bancos, asociaciones de ahorro y préstamo y otros pagadores de intereses le declaran todo ingreso de intereses en un Formulario 1099-INT, en inglés, o en un documento similar. File your 2011 taxes for free En este formulario se indicará la cantidad de intereses que recibió durante el año. File your 2011 taxes for free Guarde este formulario con su documentación. File your 2011 taxes for free No tiene que adjuntarlo a su declaración de impuestos. File your 2011 taxes for free   Incluya en su declaración de impuestos el total de los ingresos de intereses que reciba correspondiente al año tributario. File your 2011 taxes for free Intereses que no se declaran en el Formulario 1099-INT. File your 2011 taxes for free   Aun cuando no reciba un Formulario 1099-INT, igual tiene que declarar todos sus ingresos de intereses recibidos. File your 2011 taxes for free Por ejemplo, puede que reciba acciones distribuidas en forma de intereses de sociedades colectivas o de sociedades anónimas de tipo S. File your 2011 taxes for free Se declararán estos intereses en su Anexo K-1 (Formulario 1065), Partner's Share of Income, Deductions, Credits, etc. File your 2011 taxes for free (Parte de los ingresos, deducciones, créditos, etc. File your 2011 taxes for free , correspondiente al socio), en inglés, o en el Anexo K-1 (Formulario 1120S), Shareholder's Share of Income, Deductions, Credits, etc. File your 2011 taxes for free (Parte de los ingresos, deducciones, créditos, etc. File your 2011 taxes for free , correspondiente al accionista), en inglés. File your 2011 taxes for free Nominatarios. File your 2011 taxes for free   Por regla general, si un individuo recibe intereses en nombre suyo (o sea, como nominatario), esa persona le tiene que proveer un Formulario 1099-INT con la cantidad de intereses que recibió por usted. File your 2011 taxes for free   Si recibe un Formulario 1099-INT en el cual se incluyen cantidades que pertenecen a otro individuo, vea la explicación acerca de distribuciones que reciben los nominatarios en la sección How To Report Interest Income (Cómo se declaran los ingresos de intereses) en el capítulo 1 de la Publicación 550, en inglés. File your 2011 taxes for free También puede conseguir información sobre este tema en las instrucciones para el Anexo B (Formulario 1040A o 1040), en inglés. File your 2011 taxes for free Cantidad incorrecta. File your 2011 taxes for free   Si recibe un Formulario 1099-INT que indique una cantidad incorrecta (u otra información equivocada), debe pedirle al emisor un formulario corregido que contenga la información correcta. File your 2011 taxes for free El nuevo Formulario 1099-INT que reciba se marcará con la palabra “Corrected” (Corregido). File your 2011 taxes for free Formulario 1099-OID. File your 2011 taxes for free   El ingreso de intereses que se tiene que declarar también puede aparecer en el Formulario 1099-OID, Original Issue Discount (Descuento de la emisión original), en inglés. File your 2011 taxes for free Para más información sobre las cantidades que aparecen en este formulario, vea Descuento de la Emisión Original (OID) , más adelante en este capítulo. File your 2011 taxes for free Dividendos con intereses exentos. File your 2011 taxes for free   Los dividendos que produzcan intereses exentos que usted reciba de un fondo mutuo u otra sociedad inversionista reglamentada, incluyendo aquellos dividendos recibidos de un fondo calificado de fondos en cualquier año tributario que comience después del 22 de diciembre de 2010, no se incluyen en su ingreso tributable. File your 2011 taxes for free (No obstante, vea Requisito de declarar ciertos datos , en el próximo párrafo). File your 2011 taxes for free Los dividendos con intereses exentos deben aparecer en el recuadro 10 del Formulario 1099-DIV. File your 2011 taxes for free En el caso de distribuciones que sean dividendos con intereses exentos, usted no reduce su base. File your 2011 taxes for free Requisito de declarar ciertos datos. File your 2011 taxes for free   Aunque los dividendos con intereses exentos no están sujetos a impuestos, tiene que declararlos en su declaración de impuestos si se ve obligado a presentar la declaración. File your 2011 taxes for free No es nada más que un requisito de declarar ciertos datos en su declaración y no convertirá los dividendos con intereses exentos en ingreso tributable. File your 2011 taxes for free Nota: Los dividendos que produzcan intereses exentos y que se hayan pagado con bonos de actividad privada especificados, podrían estar sujetos al impuesto mínimo alternativo. File your 2011 taxes for free Vea el tema titulado Impuesto Mínimo Alternativo (AMT) en el capítulo 30 para más información. File your 2011 taxes for free El capítulo 1 de la Publicación 550, en inglés, contiene una explicación sobre los bonos de actividad particular bajo la sección titulada State or Local Government Obligations (Obligaciones de los gobiernos estatales o locales). File your 2011 taxes for free Intereses de dividendos del Departamento de Asuntos de Veteranos (VA dividends). File your 2011 taxes for free   Los intereses de dividendos de seguros que usted deje en depósito en el Departamento de Asuntos de Veteranos (VA, por sus siglas en inglés) no están sujetos a impuestos. File your 2011 taxes for free En éstos se incluyen los intereses pagados sobre dividendos de las pólizas convertidas de United States Government Life Insurance (Seguros de Vida del Gobierno de los Estados Unidos) y National Service Life Insurance (Seguros de Vida del Servicio Nacional). File your 2011 taxes for free Arreglos de ahorros para la jubilación (IRA, por sus siglas en inglés). File your 2011 taxes for free   Los intereses procedentes de un arreglo Roth IRA no suelen ser tributables. File your 2011 taxes for free Los intereses de un arreglo IRA tradicional son diferidos de tributación. File your 2011 taxes for free Por lo general, no debe incluir esos intereses en sus ingresos hasta que empiece a retirar los fondos de su arreglo IRA. File your 2011 taxes for free Vea el capítulo 17 para más información. File your 2011 taxes for free Intereses Sujetos a Impuestos En los intereses tributables se incluyen los intereses que reciba de cuentas bancarias, de préstamos que haga a otras personas y otras fuentes. File your 2011 taxes for free A continuación se enumeran otras fuentes de intereses tributables. File your 2011 taxes for free Dividendos que en realidad son intereses. File your 2011 taxes for free   Ciertas distribuciones que se denominan comúnmente dividendos son en realidad intereses. File your 2011 taxes for free Tiene que declarar como intereses aquellos llamados “dividendos” en depósitos o en cuentas de acciones de: Bancos cooperativos, Cooperativas de ahorro y crédito, Asociaciones nacionales de préstamos para edificación, Sociedades nacionales de ahorros y préstamos, Sociedades federales de ahorros y préstamos y Bancos mutualistas de ahorros. File your 2011 taxes for free   Los “dividendos” se informan en el Formulario 1099-INT como ingresos de intereses. File your 2011 taxes for free Fondos del mercado monetario. File your 2011 taxes for free   Los fondos del mercado monetario pagan dividendos y son ofrecidos por instituciones financieras que no son consideradas “bancos”, tales como, casas de corretaje bursátil y de fondos mutuos. File your 2011 taxes for free Por regla general, las cantidades que reciba de los fondos del mercado monetario (money market funds) deben declararse como dividendos y no como intereses. File your 2011 taxes for free Certificados de depósito y otras cuentas de intereses diferidos. File your 2011 taxes for free   Si abre cualesquiera de estas cuentas, se le podrán pagar intereses a intervalos fijos de un año o menos durante la vigencia de la cuenta. File your 2011 taxes for free Por lo general, deberá incluir dichos intereses en sus ingresos cuando de hecho los reciba o tenga derecho a recibirlos sin tener que pagar una multa sustancial. File your 2011 taxes for free Esto es aplicable para las cuentas que venzan dentro de un año o menos y que paguen intereses en un solo pago al vencer. File your 2011 taxes for free Si se difieren los intereses durante más de un año, vea Descuento de la Emisión Original (OID) , más adelante. File your 2011 taxes for free Intereses sujetos a la multa por retiro prematuro de fondos. File your 2011 taxes for free   Si retira fondos de una cuenta de intereses diferidos antes de su vencimiento, es posible que tenga que pagar una multa. File your 2011 taxes for free Tiene que declarar la cantidad total de los intereses pagados o acreditados a su cuenta durante el año, sin restar la multa. File your 2011 taxes for free Vea Penalty on early withdrawal of savings (Multa por retiro prematuro de ahorros) en el capítulo 1 de la Publicación 550, en inglés, para más información sobre cómo se declaran los intereses y cómo deducir la multa. File your 2011 taxes for free Préstamo para invertir en un certificado de depósito. File your 2011 taxes for free   Los intereses que paga sobre el préstamo de un banco o de una institución de ahorros para cumplir el requisito de depósito mínimo para poder recibir un certificado de depósito de la institución y los intereses que usted recibe sobre el certificado son dos conceptos distintos. File your 2011 taxes for free Tiene que incluir en sus ingresos el total de los intereses devengados del certificado. File your 2011 taxes for free Si detalla sus deducciones, puede deducir los intereses que haya pagado como intereses de inversiones, hasta la cantidad total de sus ingresos netos de inversiones. File your 2011 taxes for free Vea Interest Expenses (Gastos de intereses), en el capítulo 3 de la Publicación 550, en inglés. File your 2011 taxes for free Ejemplo. File your 2011 taxes for free Usted depositó $5,000 en un banco y pidió prestados $5,000 del banco a fin de satisfacer el depósito mínimo de $10,000 que se requiere para comprar un certificado de depósito que vence a los 6 meses. File your 2011 taxes for free El certificado generó una utilidad de $575 al vencerse en el año 2013, pero usted recibió sólo $265, cantidad que representa los $575 devengados menos $310 por intereses cobrados sobre los $5,000 del préstamo. File your 2011 taxes for free El banco le envía un Formulario 1099-INT del año 2013 que muestra $575 de intereses devengados. File your 2011 taxes for free El banco le envía además una confirmación que indica que usted pagó $310 por concepto de intereses durante el año 2013. File your 2011 taxes for free Tiene que incluir los $575 en sus ingresos. File your 2011 taxes for free Si detalla las deducciones en el Anexo A del Formulario 1040, puede deducir $310 sujetos al límite del ingreso neto de inversiones. File your 2011 taxes for free Regalo por abrir una cuenta. File your 2011 taxes for free   Si recibe regalos no monetarios o servicios por hacer depósitos o por abrir una cuenta en una institución de ahorros, es posible que tenga que declarar el valor del regalo como intereses. File your 2011 taxes for free   Para depósitos menores de $5,000, los regalos o servicios valorados por más de $10 tienen que ser declarados como intereses. File your 2011 taxes for free Para depósitos de $5,000 o más, los regalos o servicios valorados por más de $20 tienen que ser declarados como intereses. File your 2011 taxes for free El valor de los regalos o servicios se determina según el costo de éstos a la institución financiera. File your 2011 taxes for free Ejemplo. File your 2011 taxes for free Usted abrió una cuenta de ahorros en su banco local y depositó $800. File your 2011 taxes for free La cuenta genera $20 por concepto de intereses. File your 2011 taxes for free También, recibió una calculadora con un valor de $15. File your 2011 taxes for free Si no se acredita en la cuenta cantidad adicional alguna por intereses durante el año, el Formulario 1099-INT que reciba mostrará $35 de intereses recibidos durante el año. File your 2011 taxes for free Tiene que declarar los $35 como ingreso de intereses en su declaración de impuestos. File your 2011 taxes for free Intereses sobre los dividendos de seguros. File your 2011 taxes for free   Los intereses sobre los dividendos de seguros depositados en una compañía de seguros que se pueden retirar anualmente son tributables en el año durante el cual los intereses se acreditan a su cuenta. File your 2011 taxes for free Sin embargo, si usted puede retirarlos sólo en la fecha de aniversario de la póliza (u otra fecha especificada), los intereses son tributables en el año en el cual ocurre tal fecha. File your 2011 taxes for free Primas de seguro pagadas por adelantado. File your 2011 taxes for free   Todo aumento del valor de primas de seguro pagadas por adelantado, de primas cobradas con anticipación o de fondos para depósito de primas se consideran intereses si se aplica al pago de las primas vencidas de pólizas de seguros o aquéllas que puede retirar. File your 2011 taxes for free Títulos de deudas de los Estados Unidos. File your 2011 taxes for free   Los intereses sobre títulos de deudas de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free , tales como las letras del Tesoro, pagarés y bonos emitidos por alguna entidad o agencia de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free , son tributables para propósitos del impuesto federal sobre los ingresos. File your 2011 taxes for free Intereses sobre los reembolsos de impuestos. File your 2011 taxes for free   Los intereses que reciba de su reembolso de impuestos constituyen ingresos tributables. File your 2011 taxes for free Intereses sobre la adjudicación de una expropiación forzosa. File your 2011 taxes for free   Si la autoridad que adjudicó una expropiación le paga intereses para compensarle alguna demora en otorgar la adjudicación, los intereses que resulten serán tributables. File your 2011 taxes for free Ventas con pagos a plazos. File your 2011 taxes for free   Si un contrato para la venta o intercambio de propiedad estipula que se le abonen pagos diferidos, dicho contrato suele también estipular que se le paguen intereses con los pagos diferidos. File your 2011 taxes for free Dichos intereses son tributables en el momento en que los reciba. File your 2011 taxes for free Si el contrato de pagos diferidos no estipula el pago de intereses o estipula que se pague una cantidad menor de intereses, una parte de cada pago recibido puede considerarse pago de intereses. File your 2011 taxes for free Vea Unstated Interest and Original Issue Discount (OID) (Intereses no divulgados y descuento de la emisión original (OID)) en la Publicación 537, Installment Sales (Ventas a plazos), en inglés. File your 2011 taxes for free Intereses de un contrato de anualidad. File your 2011 taxes for free   Los intereses acumulados de un contrato de anualidad que haya vendido antes de su fecha de vencimiento son tributables. File your 2011 taxes for free Intereses usurarios (intereses abusivos). File your 2011 taxes for free   Los intereses usurarios (intereses abusivos) son aquéllos que se cobran a una tasa ilegal. File your 2011 taxes for free Se tributan como intereses a menos que la ley estatal automáticamente los convierta en un pago del capital del préstamo. File your 2011 taxes for free Ingresos de intereses sobre depósitos bloqueados. File your 2011 taxes for free   Excluya de su ingreso bruto todos los intereses devengados de un depósito bloqueado. File your 2011 taxes for free Se considera bloqueado un depósito si, al finalizar el año, usted no puede retirar parte alguna del depósito por uno de los motivos siguientes: La institución financiera se ha declarado en quiebra o se ha vuelto insolvente o El estado donde se ubica la institución financiera ha impuesto límites sobre los fondos que se pueden retirar porque otras instituciones financieras dentro del estado están en quiebra o son insolventes. File your 2011 taxes for free   La cantidad de intereses que tiene que excluir es la cantidad de intereses que hayan sido acreditados a los depósitos bloqueados menos la suma de las dos cantidades siguientes: La cantidad neta que retiró de esos depósitos durante el año y La cantidad que podría haber retirado para el final del año (sin restarle multa alguna por retiro prematuro de un depósito a término). File your 2011 taxes for free Si recibe un Formulario 1099-INT por ingreso de intereses sobre depósitos que se bloquearon al final del año 2013, vea Frozen deposits (Depósitos bloqueados), bajo How To Report Interest Income (Cómo se declaran los ingresos de intereses), en el capítulo 1 de la Publicación 550, en inglés, para más información sobre cómo se declara la exclusión del ingreso por intereses en su declaración de impuestos. File your 2011 taxes for free   Los intereses que se excluyen se tratan como si fueran acreditados a su cuenta durante el año siguiente. File your 2011 taxes for free Tiene que incluir esos intereses en su ingreso bruto tan pronto como tenga derecho a retirarlos. File your 2011 taxes for free Ejemplo. File your 2011 taxes for free Se acreditaron $100 durante el año por concepto de intereses a su depósito bloqueado. File your 2011 taxes for free Usted retiró $80 pero no pudo retirar más hasta después del final del año. File your 2011 taxes for free Tiene que incluir $80 en sus ingresos y excluir $20 de los ingresos de ese año. File your 2011 taxes for free Tiene que incluir los $20 en los ingresos del año en el cual pueda retirarlos. File your 2011 taxes for free Bonos negociados sin que su precio se ajuste en función de los intereses devengados debido a un mercado chato. File your 2011 taxes for free   Si compra, a precio reducido, un bono con intereses morosos o cuyos intereses se han acumulado pero no han sido pagados, se considera que este bono ha sido negociado sin que su precio se haya ajustado en función de los intereses devengados debido a un mercado chato. File your 2011 taxes for free Dichos intereses no se consideran ingresos y no tributan como intereses si se pagan después. File your 2011 taxes for free Cuando recibe un pago de ese tipo de intereses, se considera una devolucion de capital que reduce lo que queda de la base de costo del bono original. File your 2011 taxes for free No obstante, los intereses que se acumulan después de la fecha en que compró el bono son ingresos de intereses tributables para el año en el cual los recibió o se acumularon. File your 2011 taxes for free Vea Bonos que se Venden entre las Fechas de Pago de los Intereses , más adelante, para más información. File your 2011 taxes for free Préstamos inferiores al costo de mercado. File your 2011 taxes for free   Por lo general, un préstamo inferior al costo de mercado es aquél sobre el cual no se cargan intereses o sobre el cual se cargan intereses a una tasa inferior a la tasa federal aplicable. File your 2011 taxes for free Vea Below-Market Loans (Préstamos inferiores al costo justo del mercado) en el capítulo 1 de la Publicación 550, en inglés, para más información. File your 2011 taxes for free Bonos de Ahorro de los Estados Unidos Esta sección brinda información tributaria acerca de los bonos de ahorro de los Estados Unidos. File your 2011 taxes for free Explica cómo se declaran los ingresos de intereses derivados de esos bonos y cómo se tratan ciertos traspasos de los mismos. File your 2011 taxes for free Para otra información sobre los bonos de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free , escriba a: Para los bonos en papel de las series EE e I: Bureau of the Public Debt Division of Customer Assistance P. File your 2011 taxes for free O. File your 2011 taxes for free Box 7012 Parkersburg, WV 26106-7012  Para los bonos electrónicos de las series EE e I: Bureau of the Public Debt Division of Customer Assistance P. File your 2011 taxes for free O. File your 2011 taxes for free Box 7015 Parkersburg, WV 26106-7015  Para la serie HH/H: Bureau of the Public Debt Division of Customer Assistance P. File your 2011 taxes for free O. File your 2011 taxes for free Box 2186 Parkersburg, WV 26106-2186 O puede visitar la siguiente página en Internet: www. File your 2011 taxes for free treasurydirect. File your 2011 taxes for free gov/indiv/indiv. File your 2011 taxes for free htm, en inglés. File your 2011 taxes for free Contribuyentes que usan el método contable a base de lo devengado. File your 2011 taxes for free   Si utiliza el método contable a base de lo devengado, tiene que declarar los intereses derivados de los bonos de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free para cada año a medida que se acumulan dichos intereses. File your 2011 taxes for free No puede aplazar la declaración de esos intereses hasta que los reciba o hasta que se venzan los bonos. File your 2011 taxes for free El método de contabilidad a base de lo devengado se explica bajo Métodos Contables , en el capítulo 1 de esta publicación. File your 2011 taxes for free Contribuyentes que usan el método contable a base de efectivo. File your 2011 taxes for free   Si utiliza el método contable a base de efectivo, como la mayoría de los contribuyentes que son personas físicas, declarará los intereses de bonos de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free , por regla general, cuando los reciba. File your 2011 taxes for free El método contable a base de efectivo se explica bajo Métodos Contables , en el capítulo 1. File your 2011 taxes for free Vea Opciones que tienen los contribuyentes que usan el método a base de efectivo para declarar sus ingresos , más adelante. File your 2011 taxes for free Bonos de la serie HH. File your 2011 taxes for free    Estos bonos se emitieron a su valor nominal. File your 2011 taxes for free Se pagan los intereses dos veces al año mediante depósito directo a su cuenta bancaria. File your 2011 taxes for free Si utiliza el método contable a base de efectivo, tiene que declarar los intereses de esos bonos como ingresos en el año en que los recibe. File your 2011 taxes for free   Los bonos de la serie HH se ofrecieron por primera vez en el año 1980. File your 2011 taxes for free Se ofrecieron por última vez en agosto del año 2004. File your 2011 taxes for free Los bonos de la serie H se emitieron antes de 1980. File your 2011 taxes for free El método que tiene que usar para los bonos de la serie H es igual al de los bonos de la serie HH. File your 2011 taxes for free Si es contribuyente que usa el método a base de efectivo, tiene que declarar los intereses de esos bonos en el año en que los recibe. File your 2011 taxes for free   El período de vencimiento para los bonos de la serie H es de 30 años. File your 2011 taxes for free El período de vencimiento para los bonos de la serie HH es de 20 años. File your 2011 taxes for free Los últimos bonos de la serie H que se emitieron vencieron en el año 2009. File your 2011 taxes for free Bonos de la serie EE y de la serie I. File your 2011 taxes for free   Los intereses sobre estos bonos se pagan al rescatarlos. File your 2011 taxes for free La diferencia entre el precio de compra y el valor de rescate son intereses tributables. File your 2011 taxes for free Bonos de la serie EE. File your 2011 taxes for free   Los bonos de la serie EE se ofrecieron por primera vez en enero de 1980. File your 2011 taxes for free Tienen un período de vencimiento de 30 años. File your 2011 taxes for free   Antes de julio de 1980, se emitían bonos de la serie E. File your 2011 taxes for free El período de vencimiento original de 10 años para los bonos de la serie E se extendió a 40 años para los bonos emitidos antes de diciembre de 1965 y a 30 años para los bonos emitidos después de noviembre de 1965. File your 2011 taxes for free Los bonos de la serie EE y de la serie E en papel se emiten con descuento. File your 2011 taxes for free El valor nominal de esos bonos se le paga a usted en la fecha de vencimiento. File your 2011 taxes for free Los bonos electrónicos de la serie EE se emiten a su valor nominal. File your 2011 taxes for free El valor nominal, más los intereses acumulados, se le pagan a usted en la fecha de vencimiento. File your 2011 taxes for free A partir del 1 de enero de 2012, los bonos de ahorro en papel ya no se venden en las instituciones financieras. File your 2011 taxes for free   Los dueños de bonos de las series EE en papel pueden convertirlos en bonos electrónicos. File your 2011 taxes for free Estos bonos convertidos no retienen la denominación indicada en el certificado impreso; sin embargo, aparecerán a su precio de valor de compra (más otros intereses acumulados). File your 2011 taxes for free Bonos de la serie I. File your 2011 taxes for free   Los bonos de la serie I se ofrecieron por primera vez en el año 1998. File your 2011 taxes for free Éstos son bonos emitidos en su valor nominal que se ajusta con un índice inflacionario. File your 2011 taxes for free Tienen un período de vencimiento de 30 años. File your 2011 taxes for free El valor nominal, más los intereses acumulados de esos bonos, se le pagan a usted en su fecha de vencimiento. File your 2011 taxes for free Opciones que tienen los contribuyentes que usan el método a base de efectivo para declarar sus ingresos. File your 2011 taxes for free   Si declara sus ingresos utilizando el método a base de efectivo, puede declarar los intereses de los bonos de la serie EE, de la serie E y de la serie I de una de las maneras siguientes: Método 1. File your 2011 taxes for free Postergue la declaración de los intereses hasta el año en que rescate o venda los bonos o el año en que se venzan, lo que ocurra primero. File your 2011 taxes for free (No obstante, vea Cambio de los bonos de ahorro , más adelante). File your 2011 taxes for free  Nota: Los bonos de la serie EE emitidos en 1983 vencieron en el año 2013. File your 2011 taxes for free Si usted utiliza el Método 1, por regla general, tendrá que declarar los intereses de esos bonos en su declaración de impuestos del año 2013. File your 2011 taxes for free Los últmos bonos de la serie E fueron emitidos en 1980 y vencieron en el año 2010. File your 2011 taxes for free Si utilizó el Método 1, por regla general, tuvo que haber declarado los intereses de esos bonos en su declaración del año 2010. File your 2011 taxes for free Método 2. File your 2011 taxes for free Opte por declarar el aumento en el valor de rescate como intereses en su declaración de impuestos cada año. File your 2011 taxes for free Tiene que utilizar el mismo método para declarar los intereses de todos los bonos de la serie EE, la serie E y la serie I. File your 2011 taxes for free Si no escoge utilizar el Método 2 al declarar el aumento del valor de rescate como intereses cada año, tiene que utilizar el Método 1. File your 2011 taxes for free    Si piensa convertir en efectivo sus bonos en el mismo año durante el cual pagará gastos por estudios de enseñanza superior, quizás le convenga utilizar el Método 1 porque podría excluir de sus ingresos los intereses de tales bonos. File your 2011 taxes for free Para saber cómo hacerlo, vea Programa de Bonos de Ahorro para Estudios , más adelante. File your 2011 taxes for free Cómo cambiarse del Método 1. File your 2011 taxes for free   Si desea cambiar su método para declarar los intereses de bonos de ahorro del Método 1 al Método 2, puede hacerlo sin pedirle permiso al IRS. File your 2011 taxes for free Para el año del cambio, tiene que declarar todos los intereses que se hayan acumulado hasta la fecha del cambio de método y que no se hayan declarado anteriormente para todos sus bonos. File your 2011 taxes for free   Una vez tomada la decisión de declarar los intereses cada año, tiene que seguir haciéndolo para todos los bonos de la serie EE, la serie E y la serie I más para aquellos bonos que obtenga en el futuro, a no ser que pida autorización para cambiar el método, tal como se explica a continuación. File your 2011 taxes for free Cómo cambiarse del Método 2. File your 2011 taxes for free   Para cambiarse del Método 2 al Método 1, tiene que pedirle autorización al IRS. File your 2011 taxes for free Dicha autorización se le otorgará automáticamente si le envía al IRS una declaración por escrito que incluya todos los siguientes requisitos: Ha escrito a mano o a máquina en la parte superior: “131”. File your 2011 taxes for free La declaración incluye su nombre y su número de Seguro Social escrito debajo de “131”. File your 2011 taxes for free La declaración incluye el año del cambio (la fecha de inicio y en la que finalice). File your 2011 taxes for free La declaración identifica los bonos de ahorro por los que pide autorización para este cambio. File your 2011 taxes for free La declaración incluye su acuerdo para: Declarar todos los intereses sobre todo bono adquirido durante o después del año de cambio cuando ocurre la enajenación, el rescate o vencimiento de dichos intereses, lo que suceda primero y Declarar todos los intereses sobre todo bono adquirido antes del año de cambio cuando ocurre la enajenación, el rescate o vencimiento de dichos intereses, lo que suceda primero a excepción de los intereses declarados en años tributarios anteriores. File your 2011 taxes for free   Tiene que adjuntar esa declaración a su declaración de impuestos del año del cambio, la cual tendrá que presentar para la fecha de vencimiento de la declaración (incluyendo prórrogas). File your 2011 taxes for free   Puede recibir una prórroga automática de hasta 6 meses desde la fecha de vencimiento para presentar su declaración de impuestos (excluyendo prórrogas) del año del cambio para poder presentar la declaración anterior, junto con una declaración de impuestos enmendada. File your 2011 taxes for free En la parte superior de la declaración, escriba a mano o a máquina “Filed pursuant to section 301. File your 2011 taxes for free 9100-2” (Se presenta de acuerdo con la sección 301. File your 2011 taxes for free 9100-2). File your 2011 taxes for free Para obtener dicha prórroga, usted tuvo que haber presentado su declaración de impuestos original para su fecha de vencimiento (incluyendo prórrogas). File your 2011 taxes for free    Para la fecha en que presente la declaración original junto con su declaración de impuestos, también tiene que enviar una copia firmada a la dirección siguiente:  Internal Revenue Service Attention: CC:IT&A (Automatic Rulings Branch) P. File your 2011 taxes for free O. File your 2011 taxes for free Box 7604 Benjamin Franklin Station Washington, DC 20044   Si utiliza un servicio de entrega privado, envíe la copia firmada a la dirección siguiente:  Internal Revenue Service Attention: CC:IT&A (Automatic Rulings Branch) Room 5336 1111 Constitution Avenue, NW  Washington, DC 20224   Puede pedir autorización para cambiarse del Método 2 al Método 1 presentando el Formulario 3115, Application for Change in Accounting Method (Solicitud de cambio en método contable), en inglés, en vez de presentar la declaración descrita anteriormente. File your 2011 taxes for free En tal caso, debe seguir las instrucciones para el formulario si desea un cambio automático. File your 2011 taxes for free No hay cargo administrativo. File your 2011 taxes for free Copropietarios. File your 2011 taxes for free   Si un bono de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free se emite a nombre de copropietarios, por ejemplo usted y su hijo o usted y su cónyuge, los intereses devengados del bono son tributables generalmente para el copropietario que haya comprado el bono. File your 2011 taxes for free Utilización de los fondos de uno de los copropietarios. File your 2011 taxes for free    Si utilizó sus propios fondos para comprar el bono, tiene que pagar el impuesto sobre los intereses devengados. File your 2011 taxes for free Esto es así aun cuando deje que el otro propietario rescate el bono y se quede con las ganancias. File your 2011 taxes for free En estas circunstancias, ya que el otro propietario recibirá un Formulario 1099-INT en el momento de rescatar el bono, éste tiene que facilitarle a usted otro Formulario 1099-INT indicando la cantidad de los intereses del bono imponibles en su caso. File your 2011 taxes for free El copropietario que rescata el bono es un “nominatario”. File your 2011 taxes for free Vea Nominee distributions (Distribuciones al nominatario), bajo How To Report Interest Income (Cómo se declaran los ingresos de intereses), en el capítulo 1 de la Publicación 550, en inglés, para más información sobre cómo un individuo que es nominatario declara ingresos de intereses que pertenecen a otro individuo. File your 2011 taxes for free Utilización de los fondos de ambos copropietarios. File your 2011 taxes for free   Si usted y el otro propietario comparten el costo de un bono, ambos tienen la responsabilidad de pagar impuestos sobre los intereses derivados en proporción con la cantidad que cada uno realmente pagó por el bono. File your 2011 taxes for free Bienes gananciales. File your 2011 taxes for free   Si usted y su cónyuge viven en un estado donde rigen las leyes de los bienes gananciales y tienen bonos que sean bienes gananciales, se considera que cada uno recibe la mitad del total de los intereses recibidos. File your 2011 taxes for free Si presentan declaraciones de impuestos por separado, por lo general, cada uno tiene que declarar la mitad de los intereses recibidos de sus bonos. File your 2011 taxes for free Para más información, vea la Publicación 555, en inglés. File your 2011 taxes for free Tabla 7-1. File your 2011 taxes for free   Estas reglas se muestran en la Tabla 7-1 . File your 2011 taxes for free Traspaso de la posesión legal. File your 2011 taxes for free   Si compró bonos de la serie E, serie EE o serie I con fondos que pertenecen únicamente a usted y decidió que se volvieran a emitir sólo a nombre de su copropietario o del beneficiario, tiene que incluir todos los intereses devengados sobre esos bonos en su ingreso bruto para el año de la reemisión, con tal de que ninguna parte haya sido declarada anteriormente. File your 2011 taxes for free No obstante, si los bonos se volvieron a emitir sólo a nombre suyo, no tiene que declarar los intereses que se hayan acumulado en ese momento. File your 2011 taxes for free   Esta regla también corresponde cuando se traspasan los bonos (que no sean bonos considerados bienes gananciales) entre los cónyuges o como consecuencia de un fallo de divorcio. File your 2011 taxes for free Compra conjunta. File your 2011 taxes for free   Si usted y el otro propietario aportan fondos para obtener bonos de la serie E, serie EE o serie I conjuntamente y luego deciden que se vuelvan a emitir sólo a nombre de su copropietario, tiene que incluir en su ingreso bruto para el año de la reemisión la parte de usted de los intereses de aquellos bonos que no haya declarado anteriormente. File your 2011 taxes for free En el momento de la reemisión, el ex copropietario no tiene que declarar en el ingreso bruto la parte de él o ella de los intereses devengados que no se declararon antes del traspaso. File your 2011 taxes for free Sin embargo, esos intereses, así como todos los demás intereses que se devenguen después de la reemisión, constituyen ingreso tributable del ex copropietario. File your 2011 taxes for free   Esta regla para declarar los ingresos también es aplicable cuando se vuelven a emitir los bonos a nombre del copropietario anterior y a nombre de un copropietario nuevo. File your 2011 taxes for free Sin embargo, el nuevo copropietario sólo debe declarar su parte de los intereses devengados después de la reemisión. File your 2011 taxes for free   Si los bonos que usted y el copropietario compraron conjuntamente se emiten de nuevo a cada uno por separado según la misma proporción correspondiente a su precio de compra, ninguno tiene que declarar en ese momento los intereses devengados antes de la reemisión de los bonos. File your 2011 taxes for free    Tabla 7-1. File your 2011 taxes for free ¿Quién Paga el Impuesto sobre los Intereses de Bonos de Ahorro de los Estados Unidos? SI. File your 2011 taxes for free . File your 2011 taxes for free . File your 2011 taxes for free ENTONCES tiene(n) que declarar los intereses. File your 2011 taxes for free . File your 2011 taxes for free . File your 2011 taxes for free usted compra un bono a nombre suyo y a nombre de otro individuo como copropietarios, utilizando fondos que sólo pertenecían a usted usted. File your 2011 taxes for free usted compra un bono a nombre de otro individuo, el cual es propietario único del bono el individuo para el cual usted ha comprado el bono. File your 2011 taxes for free usted y otro individuo compran un bono como copropietarios, utilizando fondos que los dos contribuyen al precio de compra tanto usted como el otro copropietario, en proporción a la cantidad que cada uno pagó por el bono. File your 2011 taxes for free usted y su cónyuge, que viven en un estado donde rigen las leyes de los bienes gananciales, compran un bono que se considera bienes gananciales usted y su cónyuge. File your 2011 taxes for free Si presentan declaraciones por separado, tanto usted como su cónyuge, por lo general, deben declarar la mitad de los intereses recibidos. File your 2011 taxes for free Ejemplo 1. File your 2011 taxes for free Tanto usted como su cónyuge gastaron cantidades iguales para comprar un bono de la serie EE que valía $1,000. File your 2011 taxes for free Se les emitió el bono como copropietarios. File your 2011 taxes for free Los dos decidieron posponer la declaración de los intereses derivados del bono. File your 2011 taxes for free Luego, decidieron que se emitiera el bono de nuevo como dos bonos cuyo valor individual es de $500, uno a nombre suyo y el otro a nombre de su cónyuge. File your 2011 taxes for free Ninguno de ustedes tiene que declarar en ese momento los intereses devengados hasta la fecha de la reemisión de los bonos. File your 2011 taxes for free Ejemplo 2. File your 2011 taxes for free Compró un bono de la serie EE por $1,000, utilizando únicamente sus propios fondos. File your 2011 taxes for free El bono se les emitió a usted y a su cónyuge como copropietarios. File your 2011 taxes for free Los dos decidieron posponer la declaración de los intereses derivados del bono. File your 2011 taxes for free Luego, decidieron que se emitiera el bono de nuevo como dos bonos cuyo valor individual es de $500, uno a nombre suyo y el otro a nombre de su cónyuge. File your 2011 taxes for free Tiene que declarar la mitad de los intereses devengados hasta la fecha de la reemisión de los bonos. File your 2011 taxes for free Traspaso de bonos a un fideicomiso. File your 2011 taxes for free   Si tiene bonos de la serie E, serie EE o serie I pero los traspasa a un fideicomiso durante el año, renunciando todos sus derechos de propiedad, tendrá que incluir en sus ingresos para tal año los intereses devengados hasta la fecha del traspaso (si no los declaró anteriormente). File your 2011 taxes for free No obstante, si se le considera a usted dueño del fideicomiso y si el aumento del valor antes y después del traspaso sigue siendo tributable para usted, podrá continuar difiriendo la declaración de los intereses obtenidos durante cada año. File your 2011 taxes for free Tiene que incluir el total de los intereses en sus ingresos del año en el cual decida canjear los bonos por efectivo o enajenarlos o en el año durante el cual los bonos por fin venzan, lo que ocurra primero. File your 2011 taxes for free   Las mismas reglas se aplican en el caso de intereses de los bonos de la serie E o de la serie EE no declarados anteriormente si el traspaso a un fideicomiso tuvo que ver con bonos de la serie HH o de la serie H que haya adquirido al cambiar dichos bonos por otros de la serie E o de la serie EE. File your 2011 taxes for free Vea Cambio de los bonos de ahorro , más adelante. File your 2011 taxes for free Personas que han fallecido. File your 2011 taxes for free   El modo de declarar el ingreso de intereses de los bonos de la serie E, serie EE o serie I, después del fallecimiento del dueño (el difunto), depende de los métodos contables y de la declaración de ingresos que éste haya utilizado anteriormente. File your 2011 taxes for free Esta situación se explica en el capítulo 1 de la Publicación 550, en inglés. File your 2011 taxes for free Cambio de los bonos de ahorro. File your 2011 taxes for free   Si postergó la declaración de los intereses de sus bonos de la serie E o de la serie EE, significa que no reconoció ingresos tributables cuando cambió esos bonos por otros de la serie HH o de la serie H, a no ser que haya recibido dinero en efectivo como parte del cambio. File your 2011 taxes for free (No se permite cambiar los bonos de la serie I por bonos de la serie HH. File your 2011 taxes for free Después del 31 de agosto del año 2004, ya no puede cambiar otras series de bonos por los de la serie HH). File your 2011 taxes for free Todo efectivo que reciba se considera ingresos hasta la cantidad de los intereses devengados sobre los bonos cambiados. File your 2011 taxes for free Al vencer sus bonos de la serie HH o de la serie H o al enajenarlos antes de su vencimiento, tiene que declarar como intereses la diferencia entre el valor de rescate y su costo original. File your 2011 taxes for free El costo de los bonos es la suma de la cantidad que pagó al cambiar los bonos de la serie EE o de la serie E en cuestión, más toda cantidad que haya tenido que pagar cuando se efectuó el cambio. File your 2011 taxes for free Ejemplo. File your 2011 taxes for free Usted cambió bonos de la serie EE (sobre los cuales optó por posponer la declaración de los intereses) por otros de la serie HH, cuyo valor es de $2,500, más $223 en efectivo. File your 2011 taxes for free Declaró los $223 como ingresos tributables en su declaración de impuestos. File your 2011 taxes for free Para la fecha del cambio, los bonos de la serie EE habían acumulado intereses de $523 y tenían un valor de rescate de $2,723. File your 2011 taxes for free Usted guarda los bonos de la serie HH hasta la fecha de su vencimiento en que recibirá $2,500. File your 2011 taxes for free Tiene que declarar $300 como ingresos de intereses en el año de vencimiento. File your 2011 taxes for free Esos $300 representan la diferencia entre el valor de rescate ($2,500) y el costo de los bonos ($2,200), o sea, la cantidad que pagó por adquirir los bonos de la serie EE. File your 2011 taxes for free (Es también la diferencia entre los intereses acumulados de $523 sobre los bonos de la serie EE y los $223 en efectivo recibidos en el cambio). File your 2011 taxes for free Opción de declarar los intereses en el año del cambio. File your 2011 taxes for free   Usted podría optar por tratar todos los intereses acumulados anteriormente, no declarados, de los bonos de la serie E o de la serie EE que se cambiaron por otros de la serie HH como ingresos en el año en que se efectuó el cambio. File your 2011 taxes for free Si opta por lo anterior, esto se considerará un cambio del Método 1. File your 2011 taxes for free Vea Cómo cambiarse del Método 1 bajo Bonos de la serie EE y de la serie I, explicado anteriormente. File your 2011 taxes for free Formulario 1099-INT para la declaración de los intereses de los bonos de ahorros de los Estados Unidos. File your 2011 taxes for free   Cada vez que convierte un bono en dinero efectivo, el banco u otro pagador que lo rescate tiene que darle el Formulario 1099-INT si la parte del pago correspondiente a los intereses recibidos es $10 o más. File your 2011 taxes for free El recuadro 3 del Formulario 1099-INT debe mostrar los intereses como la diferencia entre la cantidad que recibió y la cantidad que se pagó por el bono. File your 2011 taxes for free No obstante, el Formulario 1099-INT puede mostrar una cantidad mayor de los intereses de lo que tiene que incluir en su declaración de impuestos sobre los ingresos. File your 2011 taxes for free Por ejemplo, esto puede ocurrir si alguna de las condiciones siguientes es aplicable: Usted declaró el aumento al valor de rescate durante cada año. File your 2011 taxes for free La cantidad de intereses indicada en el Formulario 1099-INT no será reducida por las cantidades que haya incluido en su ingreso en años anteriores. File your 2011 taxes for free Usted recibió el bono de un difunto. File your 2011 taxes for free La cantidad de intereses indicada en el Formulario 1099-INT no se verá reducida por los intereses declarados por el difunto antes de su fallecimiento, ni en la declaración final del difunto, ni por los herederos en la declaración de impuestos sobre la herencia. File your 2011 taxes for free Se traspasó la posesión del bono. File your 2011 taxes for free La cantidad de intereses indicada en el Formulario 1099-INT no se reducirá por intereses acumulados antes del traspaso. File your 2011 taxes for free A usted lo nombraron copropietario y el otro propietario contribuyó fondos para comprar el bono. File your 2011 taxes for free La cantidad de los intereses indicada en el Formulario 1099-INT no será reducida por las cantidades que haya recibido como nominatario por el otro copropietario. File your 2011 taxes for free (Vea Copropietarios , anteriormente en este capítulo, para más información acerca de los requisitos sobre cómo declarar ingresos de intereses). File your 2011 taxes for free Usted recibió el bono de una distribución tributable de un plan de jubilación o un plan de participación en las ganancias. File your 2011 taxes for free La cantidad de intereses indicada en el Formulario 1099-INT no será reducida por la parte de intereses de la cantidad tributable como distribución del plan y no tributable como intereses. File your 2011 taxes for free (Esta cantidad suele aparecer para el año de la distribución en el Formulario 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. File your 2011 taxes for free (Distribuciones de planes de pensión, anualidades, jubilación o participación en las ganancias, arreglos IRA, contratos de seguros, etc. File your 2011 taxes for free ), en inglés). File your 2011 taxes for free   Para más información sobre cómo incluir la cantidad correcta de intereses en su declaración de impuestos, vea Cómo se Declaran los Ingresos de Intereses , más adelante. File your 2011 taxes for free En la Publicación 550, en inglés, se incluyen ejemplos sobre cómo se declaran esas cantidades. File your 2011 taxes for free    Los intereses recibidos de los bonos de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free están exentos de los impuestos estatales y locales. File your 2011 taxes for free El recuadro 3 del Formulario 1099-INT que usted reciba indicará la cantidad de los intereses por bonos de ahorros de los Estados Unidos. File your 2011 taxes for free Programa de Bonos de Ahorro para Estudios Quizás pueda excluir de sus ingresos el total o una parte de los intereses que reciba al rescatar ciertos bonos de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free calificados durante el año si pagó gastos de estudios de enseñanza superior calificados durante el mismo año. File your 2011 taxes for free Dicha exclusión se llama Education Savings Bond Program (Programa de bonos de ahorro para estudios). File your 2011 taxes for free Si su estado civil para la declaración es casado que presenta una declaración por separado, no reúne los requisitos para tal exclusión. File your 2011 taxes for free Formulario 8815. File your 2011 taxes for free   Utilice el Formulario 8815, en inglés, para calcular la cantidad de su exclusión. File your 2011 taxes for free Incluya este formulario con su Formulario 1040 o Formulario 1040A. File your 2011 taxes for free Bonos de ahorro calificados de los Estados Unidos. File your 2011 taxes for free   Un bono de ahorro calificado de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free es aquel bono de la serie EE emitido después de 1989 o un bono de la serie I. File your 2011 taxes for free Se tiene que haber emitido a nombre suyo (propietario único) o a nombre suyo y el de su cónyuge (copropietarios). File your 2011 taxes for free Usted tiene que haber cumplido al menos 24 años de edad antes de la fecha de emisión del bono. File your 2011 taxes for free Por ejemplo, un bono que haya comprado un padre y haya sido emitido a nombre de su hijo menor de 24 años de edad, no reúne los requisitos para ser excluido por el padre ni tampoco por el hijo. File your 2011 taxes for free    La fecha en que se emite un bono puede ser anterior a la fecha de compra del bono porque la fecha de emisión asignada a un bono corresponde al primer día del mes durante el cual se compra. File your 2011 taxes for free Beneficiario. File your 2011 taxes for free   Puede nombrar a cualquier individuo (incluyendo un hijo menor de edad) para que sea beneficiario del bono. File your 2011 taxes for free Verificación del IRS. File your 2011 taxes for free   Si declara la exclusión, el IRS lo verificará utilizando información sobre el rescate de bonos obtenido del Departamento del Tesoro. File your 2011 taxes for free Gastos calificados. File your 2011 taxes for free   Los gastos de estudios de enseñanza superior calificados son matrícula y otros gastos necesarios para que usted, su cónyuge o su dependiente (por el cual usted puede reclamar una exención) asista a una institución de enseñanza superior que reúna los requisitos. File your 2011 taxes for free   En los gastos calificados se incluye toda aportación que haga a un programa de matrícula calificada o a una cuenta de ahorro para estudios Coverdell. File your 2011 taxes for free   En los gastos calificados no se incluyen los de vivienda y alimentación, ni gastos de cursos de actividades deportivas, recreativas o de pasatiempo que no formen parte de un programa de estudios para obtener un título o certificado. File your 2011 taxes for free Instituciones de enseñanza superior que reúnen los requisitos. File your 2011 taxes for free   En esta clase de institución se incluyen la mayoría de las universidades públicas, particulares y sin fines de lucro, así como colegios universitarios (colleges) y escuelas vocacionales acreditados y que cumplan las condiciones para participar en programas de asistencia financiera de estudios del Departamento de Educación de Estados Unidos. File your 2011 taxes for free Reducción por ciertos beneficios. File your 2011 taxes for free   Usted tiene que restar de sus gastos de estudios de enseñanza superior calificados los siguientes beneficios exentos de impuestos: La parte exenta de impuestos por becas de estudios y de desarrollo profesional (vea Becas de estudios y becas de desarrollo profesional en el capítulo 12). File your 2011 taxes for free Gastos que se utilizaron para calcular la parte exenta de impuestos de distribuciones de una cuenta de ahorros para estudios Coverdell ESA. File your 2011 taxes for free Gastos que se utilizaron para calcular la parte exenta de impuestos de distribuciones de un programa calificado de matrícula. File your 2011 taxes for free Todo pago exento de impuestos (que no sea regalo o herencia) recibido para gastos educativos, tales como: Beneficios de asistencia educativa para veteranos, Reducciones de matrícula calificada o Beneficios de asistencia educativa facilitados por su empleador. File your 2011 taxes for free Todo gasto que se haya utilizado al calcular el crédito tributario de oportunidad para los estadounidenses y el crédito vitalicio de aprendizaje. File your 2011 taxes for free Cantidad excluible. File your 2011 taxes for free   Si el total de los ingresos recibidos (capital e intereses) de bonos de ahorro calificados de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free que rescató durante el año no excede de sus gastos de estudios de enseñanza superior calificados ajustados para ese año, quizás pueda excluir el total de los intereses que haya recibido. File your 2011 taxes for free Si los ingresos superan sus gastos de estudios para el año, quizás pueda excluir sólo una parte de tales intereses. File your 2011 taxes for free   Para determinar la cantidad que se puede excluir, multiplique la parte correspondiente a los intereses de los ingresos por una fracción. File your 2011 taxes for free El numerador de la fracción es el total de los gastos por estudios de enseñanza superior calificados que pagó durante el año. File your 2011 taxes for free El denominador es el total de los ingresos que recibió durante el año. File your 2011 taxes for free Ejemplo. File your 2011 taxes for free En febrero del año 2013, Marcos y Juana, un matrimonio, cobraron un bono de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free de la serie EE que compraron en abril de 1997. File your 2011 taxes for free Recibieron ingresos de $8,372 que constan de $5,000 por concepto de capital y $3,372 por intereses. File your 2011 taxes for free Durante el año 2013, gastaron $4,000 por la matrícula de su hija en una universidad. File your 2011 taxes for free Ellos no reclaman ningún crédito educativo por esa cantidad y la hija no recibió ninguna asistencia monetaria exenta de impuestos para sufragar los gastos educativos. File your 2011 taxes for free Ellos pueden excluir $1,611 ($3,372 x ($4,000 ÷ $8,372)) de intereses para el año 2013. File your 2011 taxes for free Tienen que pagar impuestos sobre los intereses restantes de $1,761 ($3,372 − $1,611). File your 2011 taxes for free Límite del ingreso bruto ajustado modificado. File your 2011 taxes for free   La exclusión de intereses estará limitada si su ingreso bruto ajustado modificado es de: $74,700 a $89,700 para los contribuyentes cuyo estado civil para la declaración de impuestos es soltero o cabeza de familia y $112,050 a $142,050 para los contribuyentes casados que presentan una declaración conjunta o para un viudo que reúne los requisitos con hijo dependiente. File your 2011 taxes for free No puede tomar la exclusión de intereses si su ingreso bruto ajustado modificado equivale al límite máximo para su estado civil o supera dicho límite. File your 2011 taxes for free   El ingreso bruto ajustado modificado, para propósitos de la exclusión, es el ingreso bruto ajustado (línea 37 del Formulario 1040 o línea 21 del Formulario 1040A) determinado antes de considerar la exclusión de intereses y ajustado por restituir cualesquiera de los siguientes: Exclusión de ingresos devengados de fuentes en el extranjero, Exclusión o deducción de asignaciones por alojamiento en el extranjero, Exclusión de ingresos para residentes bona fide de la Samoa Estadounidense, Exclusión de ingresos de fuentes en Puerto Rico, Exclusión de beneficios de adopción recibidos de acuerdo con un programa de asistencia de adopción del empleador, Deducción por matrícula y gastos relacionados con los estudios, Deducción de los intereses sobre un préstamo de estudios y Deducción por actividades nacionales de producción. File your 2011 taxes for free   Utilice la hoja de trabajo para la línea 9 en las instrucciones del Formulario 8815, disponibles en inglés, para calcular su ingreso bruto ajustado modificado. File your 2011 taxes for free Si reclama cualquiera de las exclusiones o deducciones de las partidas enumeradas anteriormente (menos 6, 7 y 8), sume la cantidad de la exclusión o deducción (con excepción de las partidas 6, 7 y 8) a la cantidad de la línea 5 de la hoja de trabajo. File your 2011 taxes for free Luego, anote el total en la línea 9 del Formulario 8815 como su ingreso bruto ajustado modificado. File your 2011 taxes for free   Si incurrió en gastos de intereses de inversión para poder recibir regalías y otros ingresos de inversiones, vea Education Savings Bond Program (Programa de bonos de ahorro utilizados para propósitos educativos), en el capítulo 1 de la Publicación 550, en inglés. File your 2011 taxes for free Documentación. File your 2011 taxes for free Si declara la exclusión de intereses, tiene que mantener un registro por escrito de los bonos de ahorro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free calificados que usted rescató. File your 2011 taxes for free Ese registro tiene que incluir el número de serie, fecha de emisión, valor nominal y el total de los ingresos recibidos (capital e intereses) de cada bono. File your 2011 taxes for free Puede utilizar el Formulario 8818, en inglés, para documentar dicha información. File your 2011 taxes for free Además, debe guardar facturas, recibos, cheques cancelados u otra documentación para comprobar los gastos por estudios de enseñanza superior calificados que haya pagado durante el año. File your 2011 taxes for free Letras, Pagarés y Bonos del Tesoro de los Estados Unidos Las letras, pagarés y bonos del Tesoro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free son títulos de deudas directas (obligaciones) del gobierno federal de los Estados Unidos. File your 2011 taxes for free Tributación de los intereses. File your 2011 taxes for free   Los ingresos de intereses que se reciben de letras, pagarés y bonos del Tesoro de los EE. File your 2011 taxes for free UU. File your 2011 taxes for free están sujetos al impuesto federal sobre los ingresos; sin embargo, está exento de todo impuesto estatal y local sobre los ingresos. File your 2011 taxes for free Deberá recibir el Formulario 1099-INT en el cual se muestra (en el recuadro 3) la cantidad de intereses que se le pagaron por el año. File your 2011 taxes for free   Los pagos de capital e intereses serán acreditados, por regla general, a su cuenta corriente o de ahorros designada mediante depósito directo utilizando el sistema Treasury Direct®. File your 2011 taxes for free Letras del Tesoro. File your 2011 taxes for free   Estas letras suelen tener un período de vencimiento de 4, 13, 26 ó 52 semanas. File your 2011 taxes for free Generalmente, se emiten con descuento por la cantidad de $100 y múltiplos de $100. File your 2011 taxes for free La diferencia entre el valor descontado que paga por las letras y el valor nominal que recibirá al vencimiento de éstas se considera ingreso de intereses. File your 2011 taxes for free Por lo general, usted declara este ingreso de intereses cuando se le pagan las letras en la fecha de vencimiento. File your 2011 taxes for free Si usted pagó una prima por una letra (una cantidad mayor que el valor nominal), generalmente declara la prima como una deducción conforme a la sección 171 cuando se le paga la letra en la fecha de vencimiento. File your 2011 taxes for free Pagarés y bonos del Tesoro. File your 2011 taxes for free   Los pagarés del Tesoro tienen períodos de vencimiento de más de 1 año y de hasta 10 años. File your 2011 taxes for free Los bonos del Tesoro tienen períodos de vencimiento de más de 10 años. File your 2011 taxes for free Tanto los pagarés como los bonos del Tesoro suelen emitirse en denominaciones de $100 hasta $1 millón y pagar intereses cada 6 meses. File your 2011 taxes for free Por lo general, declarará dichos intereses en el año en que se le pagaron. File your 2011 taxes for free Para más información, vea U. File your 2011 taxes for free S. File your 2011 taxes for free Treasury Bills, Notes, and Bonds (Letras, pagarés y bonos del Tesoro de los Estados Unidos), en el capítulo 1 de la Publicación 550, en inglés. File your 2011 taxes for free Para información adicional sobre los pagarés y bonos del Tesoro, escriba a la dirección siguiente:    Bureau of the Public Debt P. File your 2011 taxes for free O. File your 2011 taxes for free Box 7015 Parkersburg, WV 26106-7015 O puede visitar la siguiente página en Internet: www. File your 2011 taxes for free treasurydirect. File your 2011 taxes for free gov/indiv/indiv. File your 2011 taxes for free htm, en inglés. File your 2011 taxes for free Para más información sobre los bonos de ahorro de la serie EE, la serie I o la serie HH, vea Bonos de Ahorro de los Estados Unidos , anteriormente en este capítulo. File your 2011 taxes for free Valores del Tesoro protegidos de la inflación (TIPS, por sus siglas en inglés). File your 2011 taxes for free   Estos valores pagan intereses dos veces al año a una tasa fija, basada en una cantidad de capital que se ajusta para considerar los efectos de la inflación y deflación. File your 2011 taxes for free Para saber cómo se tratan esos valores para propósitos tributarios, vea Inflation-Indexed Debt Instruments (Instrumentos de la deuda indexados según la inflación), bajo Original Issue Discount (OID) (Descuento de la emisión original (OID)) en la Publicación 550, en inglés. File your 2011 taxes for free Bonos que se Venden Entre las Fechas de Pago de los Intereses Si usted vende un bono entre las fechas de pago de los intereses, una parte del precio de venta se considera intereses acumulados hasta la fecha de venta. File your 2011 taxes for free Tiene que declarar dicha parte del precio de venta como ingreso de intereses para el año de la venta. File your 2011 taxes for free Si compra un bono entre las fechas de pago de los intereses, una parte del precio de compra se considera intereses acumulados antes de la fecha de compra. File your 2011 taxes for free Cuando se le paguen dichos intereses, tiene que tratarlos como devolución de su inversión de capital, en lugar de ingresos de intereses, mediante la reducción de su base en el bono. File your 2011 taxes for free Vea Accrued interest on bonds (Intereses acumulados sobre los bonos), bajo How To Report Interest Income (Cómo se declaran los ingresos de intereses), en el capítulo 1 de la Publicación 550, en inglés, para más detalles sobre cómo se declara el pago. File your 2011 taxes for free Seguros Los pagos de seguro de vida que recibe como beneficiario de la persona asegurada no suelen ser tributables. File your 2011 taxes for free Sin embargo, si usted recibe los pagos a plazos, tendrá que declarar normalmente una parte de cada plazo como ingreso de intereses. File your 2011 taxes for free Para más información sobre los pagos de seguros recibidos a plazos, vea la Publicación 525, Taxable and Nontaxable Income (Ingreso tributable y no tributable), en inglés. File your 2011 taxes for free Anualidad. File your 2011 taxes for free   Si compra una anualidad con los ingresos recibidos de una póliza de seguro de vida, los pagos de anualidad que reciba estarán sujetos a impuestos como ingreso de pensión y anualidad de un plan no calificado, no como ingreso de intereses. File your 2011 taxes for free Vea el capítulo 10 para más información sobre el ingreso de pensiones y anualidades de planes no calificados. File your 2011 taxes for free Obligaciones del Gobierno Estatal o Local Los intereses sobre un bono usado para financiar operaciones del gobierno no suelen ser tributables si dicho bono se emite por un estado, el Distrito de Columbia, una posesión (territorio no autónomo) de los Estados Unidos o cualesquiera de sus subdivisiones políticas. File your 2011 taxes for free Los bonos que se emitieron después de 1982 (esto incluye los bonos para el desarrollo económico de tribus emitidos después del 17 de febrero de 2009) por un gobierno de una tribu de indios estadounidenses se tratan como si fueran emitidos por un estado. File your 2011 taxes for free Los intereses sobre dichos bonos suelen estar exentos de impuestos si los bonos son parte de una emisión de la cual sustancialmente todas las ganancias se han de usar en el desempeño de alguna función esencial del gobierno. File your 2011 taxes for free Para obtener información acerca de los bonos garantizados federalmente, bonos de ingresos hipotecarios, bonos de arbitraje, bonos calificados del crédito tributario, bonos para el financiamiento de proyectos parcialmente privados y los bonos “Build America” (Construir en América), vea State or Local Government Obligations (Obligaciones del gobierno estatal o local), en el capítulo 1 de la Publicación 550, en inglés. File your 2011 taxes for free Requisito de declarar información. File your 2011 taxes for free   Si tiene que presentar una declaración de impuestos, se le requiere que muestre en dicha declaración todos los intereses exentos resultantes de los bonos mencionados anteriormente que haya recibido. File your 2011 taxes for free Esto es sólo un requisito para la decla