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Free Efile Of State Taxes

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Free Efile Of State Taxes

Free efile of state taxes Publication 1544(SP) - Main Content Table of Contents ¿Por qué hay que declarar estos pagos? ¿Quién tiene que presentar el Formulario 8300-SP?¿Qué pagos tienen que declararse? ¿Qué es efectivo? Número de identificación del contribuyente (TIN) ¿Qué son transacciones relacionadas? ¿Qué se hace en el caso de transacciones sospechosas? Cuándo, dónde y qué se tiene que presentar Ejemplos Multas y sanciones Cómo Obtener Ayuda con los ImpuestosTalleres de Asistencia Tributaria para Contribuyentes de Bajos Recursos (LITC, por sus siglas en inglés). Free efile of state taxes ¿Por qué hay que declarar estos pagos? A menudo, los contrabandistas y narcotraficantes hacen transacciones de grandes cantidades de efectivo con el propósito de “blanquear” (lavar) dinero proveniente de actividades ilícitas. Free efile of state taxes El término “blanquear” (lavar) significa convertir el dinero “sucio”, u obtenido ilegalmente, en dinero “limpio” (como si fuera obtenido legalmente). Free efile of state taxes El gobierno a menudo puede rastrear el origen de este dinero blanqueado (lavado) mediante los pagos que se declaran. Free efile of state taxes Determinadas leyes aprobadas por el Congreso requieren que se declaren estos pagos. Free efile of state taxes Al cumplir con estas leyes, se proporciona información valiosa para ayudar a poner fin a las operaciones de los evasores de impuestos y los que se benefician del narcotráfico y otras actividades delictivas. Free efile of state taxes La USA Patriot Act (Ley patriota de los Estados Unidos) del año 2001 amplió el alcance de dichas leyes con el propósito de rastrear los fondos usados para llevar a cabo acciones terroristas. Free efile of state taxes ¿Quién tiene que presentar el Formulario 8300-SP? Por regla general, toda persona que se dedique a una ocupación o negocio en los que reciba más de $10,000 en efectivo en una sola transacción, o en varias transacciones relacionadas, tiene que presentar el Formulario 8300-SP. Free efile of state taxes Por ejemplo, es posible que tenga que presentar el Formulario 8300-SP si la ocupación o negocio al cual se dedica es la compraventa de joyas, muebles, barcos, aeronaves o automóviles, si es prestamista, abogado o corredor de bienes raíces, o si se trata de una compañía de seguros o de una agencia de viajes. Free efile of state taxes Las reglas especiales que deben cumplir los secretarios de los tribunales federales o estatales aparecen más adelante bajo Fianza recibida por secretarios de los tribunales. Free efile of state taxes Sin embargo, usted no tiene que presentar el Formulario 8300-SP si la transacción no está relacionada con su ocupación o negocio. Free efile of state taxes Por ejemplo, si es dueño de una joyería y vende su automóvil personal por una cantidad superior a $10,000 en efectivo, no tendrá que presentar el Formulario 8300-SP por esta transacción. Free efile of state taxes Definición de transacción. Free efile of state taxes   Se lleva a cabo una “transacción” cuando: Se venden bienes o propiedades, o se prestan servicios; Se alquila una propiedad; Se intercambia efectivo por otro efectivo; Se contribuye a una cuenta de fideicomiso o a una cuenta en plica (depósito en custodia de un tercero); Se saca o se paga un préstamo; o Se convierte el efectivo en un instrumento negociable, como un cheque o un bono. Free efile of state taxes Definición de persona. Free efile of state taxes   Una “persona” incluye una persona física, una empresa o compañía, una sociedad anónima, una sociedad colectiva, una asociación, un fideicomiso o un caudal hereditario. Free efile of state taxes   A las organizaciones exentas, incluidas las que tienen planes para sus empleados, se las considera también “personas”. Free efile of state taxes Sin embargo, las organizaciones exentas no tienen que presentar el Formulario 8300-SP cuando reciben una donación caritativa superior a $10,000 en efectivo, debido a que dicha donación no la reciben en el transcurso de una ocupación o negocio. Free efile of state taxes Transacciones en el extranjero. Free efile of state taxes   No tiene que presentar el Formulario 8300-SP si toda la transacción (incluyendo la recepción del efectivo) se lleva a cabo fuera de: Los 50 estados de los Estados Unidos, El Distrito de Columbia, Puerto Rico o Una posesión o territorio de los Estados Unidos. Free efile of state taxes Sin embargo, tiene que presentar el Formulario 8300-SP si alguna parte de la transacción (incluyendo la recepción del efectivo) se lleva a cabo en Puerto Rico o en una posesión o territorio de los Estados Unidos y usted está sujeto a las disposiciones del Código Federal de Impuestos Internos. Free efile of state taxes Fianza recibida por los secretarios de los tribunales. Free efile of state taxes   Todo secretario de un tribunal federal o estatal que reciba más de $10,000 en efectivo en concepto de fianza a favor de una persona que ha sido acusada de cualquiera de los delitos penales enumerados a continuación tiene que presentar el Formulario 8300-SP: Todo delito federal relacionado con la ley de control de narcóticos (sustancias controladas), Extorsión (racketeering), Blanqueo (lavado) de dinero y Todo delito estatal que sea considerablemente similar a los mencionados anteriormente en los puntos 1, 2 ó 3. Free efile of state taxes Para obtener más información acerca del reglamento con el que deben cumplir los secretarios de los tribunales, vea la sección 1. Free efile of state taxes 6050I-2 de los Reglamentos Federales del Impuesto Sobre los Ingresos Federales. Free efile of state taxes ¿Qué pagos tienen que declararse? Tiene que presentar el Formulario 8300-SP para declarar el efectivo que le paguen si el mismo: Supera los $10,000, Lo recibió en: Un solo pago en efectivo superior a $10,000, Varios pagos en efectivo recibidos en un período de un año, contado a partir de la fecha en que se hizo el pago inicial, que sumen un total de $10,000 u Otros pagos en efectivo no declarados anteriormente, cuya suma total recibida durante un período de 12 meses sea superior a $10,000. Free efile of state taxes Lo recibió en el curso de su ocupación o negocio, Lo recibió del mismo comprador (o agente) y Lo recibió en una sola transacción o en varias transacciones relacionadas (las cuales se definen más adelante). Free efile of state taxes ¿Qué es efectivo? Efectivo es: El dinero en monedas y billetes de los Estados Unidos (y de cualquier otro país) y Un cheque de cajero, giro bancario, cheque de viajero o giro que se reciba, si tiene un valor nominal de $10,000 o menos y se recibe en: Una transacción que tiene que ser declarada, como se define más adelante o Toda transacción en que a usted le conste que el pagador evita declarar en el Formulario 8300-SP. Free efile of state taxes El efectivo puede incluir un cheque de cajero aunque a éste se le llame “cheque de tesorero” o “cheque bancario”. Free efile of state taxes El efectivo no incluye un cheque girado contra la cuenta bancaria particular de una persona. Free efile of state taxes Un cheque de cajero, giro bancario, cheque de viajero o giro con un valor nominal de más de $10,000 no se considera efectivo. Free efile of state taxes Éstos no se consideran efectivo y usted no tiene que presentar el Formulario 8300-SP cuando los recibe porque, si fueron comprados con dinero en efectivo, el banco u otra institución financiera que los emitió debe presentar el Formulario 104 de la FinCEN para declararlos. Free efile of state taxes Ejemplo 1. Free efile of state taxes Usted es comerciante y se dedica a la compraventa y colección de monedas (numismático). Free efile of state taxes Roberto Coruña le compró monedas de oro por un precio de $13,200. Free efile of state taxes El Sr. Free efile of state taxes Coruña le pagó con $6,200 en moneda estadounidense y un cheque de cajero con un valor nominal de $7,000. Free efile of state taxes El cheque de cajero se considera efectivo. Free efile of state taxes En este caso, ha recibido más de $10,000 en efectivo y tiene que presentar el Formulario 8300-SP para declarar esta transacción. Free efile of state taxes Ejemplo 2. Free efile of state taxes Usted se dedica a la venta de joyas al por menor. Free efile of state taxes María Núñez le compra una joya por $12,000 y le paga con un cheque personal pagadero a usted por la cantidad de $9,600 y con cheques de viajero que ascienden a $2,400. Free efile of state taxes Debido a que el cheque personal no se considera efectivo, usted no ha recibido más de $10,000 en efectivo en la transacción. Free efile of state taxes No tiene que presentar el Formulario 8300-SP. Free efile of state taxes Ejemplo 3. Free efile of state taxes Usted es un comerciante que se dedica a la venta de barcos. Free efile of state taxes Emilia Espinosa le compra un barco por $16,500 y le paga con un cheque de cajero pagadero a usted por dicha cantidad. Free efile of state taxes El cheque de cajero no se considera efectivo, ya que el valor nominal del mismo es más de $10,000. Free efile of state taxes Usted no tiene que presentar el Formulario 8300-SP para declarar esta transacción. Free efile of state taxes Transacciones que se tienen que declarar Una transacción que tiene que declararse es aquélla que consiste en la venta al por menor de alguno de los siguientes: Un artículo de consumo duradero, como un automóvil o un barco. Free efile of state taxes Un artículo de consumo duradero es una propiedad que no es un terreno o un edificio y que: Es apropiado para uso personal, Se espera que dure por lo menos un año bajo uso normal, Tiene un precio de venta mayor de $10,000 y Se puede ver o tocar (propiedad tangible). Free efile of state taxes Por ejemplo, un automóvil cuyo valor es $20,000 es un artículo de consumo duradero, pero un camión de descarga (volquete) o maquinaria utilizada en una fábrica con un valor de $20,000 no lo es. Free efile of state taxes El automóvil es un artículo de consumo duradero aún cuando lo venda a un comprador para uso en una ocupación o negocio. Free efile of state taxes Un artículo coleccionable (por ejemplo, una obra de arte, alfombra, antigüedad, metal, piedra preciosa, sello o moneda). Free efile of state taxes Un viaje o entretenimiento, si el precio total de venta de todos los artículos vendidos para el mismo viaje o evento de entretenimiento en una sola transacción (o varias transacciones relacionadas) es más de $10,000. Free efile of state taxes Al calcular el precio total de venta de todos los artículos vendidos para un viaje o evento de entretenimiento, incluya el precio de venta de los artículos vendidos, como pasajes de avión, habitaciones de hotel y boletos de entrada. Free efile of state taxes Ejemplo. Free efile of state taxes Usted es agente de viajes. Free efile of state taxes Su cliente, Eduardo Juanes, le solicita que flete un avión de pasajeros con el propósito de llevar a un grupo de personas a un evento deportivo en otra ciudad. Free efile of state taxes Además, le solicita que reserve habitaciones en un hotel y boletos de entrada al evento deportivo para los miembros del grupo. Free efile of state taxes El Sr. Free efile of state taxes Juanes le paga a usted con dos giros por un valor de $6,000 cada uno. Free efile of state taxes En esta transacción usted ha recibido más de $10,000 en efectivo y, por lo tanto, tiene que presentar el Formulario 8300-SP. Free efile of state taxes Ventas al por menor. Free efile of state taxes   El término “ventas al por menor” significa toda venta hecha en el transcurso de un negocio u ocupación, principalmente las ventas al consumidor final. Free efile of state taxes   Por lo tanto, si su negocio u ocupación es principalmente de ventas al consumidor final, todas las ventas que haga en el transcurso de su ocupación o negocio son ventas al por menor. Free efile of state taxes Esto incluye toda venta de artículos para reventa. Free efile of state taxes Agente o intermediario. Free efile of state taxes   Una transacción que debe declararse incluye la venta al por menor de los artículos que aparecen en los puntos 1, 2 ó 3 de la lista anterior, aunque el pago haya sido recibido por un agente u otro intermediario en vez de directamente por el vendedor. Free efile of state taxes Excepción a la definición del término “efectivo” No se clasifican como efectivo un cheque de cajero, giro bancario, cheque de viajero o giro que usted reciba en una transacción que tenga que declararse, si una de las siguientes excepciones le corresponde: Excepción en el caso de ciertos préstamos bancarios. Free efile of state taxes   No se clasifican como efectivo un cheque de cajero, giro bancario, cheque de viajero o giro si provienen de un préstamo bancario. Free efile of state taxes Como prueba de que se obtuvieron de un préstamo bancario, puede usar una copia del contrato del préstamo, un documento escrito, instrucciones del banco acerca del gravamen u otra prueba similar. Free efile of state taxes Ejemplo. Free efile of state taxes Usted es concesionario de automóviles. Free efile of state taxes Le vende un automóvil a Carlota Blanco por $11,500. Free efile of state taxes La Srta. Free efile of state taxes Blanco le pagó a usted $2,000 en moneda estadounidense y le entregó un cheque de cajero por $9,500, pagadero a usted y a ella. Free efile of state taxes Se sabe que el cheque de cajero proviene de un préstamo bancario porque contiene instrucciones para que se le registre un gravamen al automóvil como garantía de pago del préstamo y, por lo tanto, el cheque de cajero no se considera efectivo. Free efile of state taxes No tiene que presentar el Formulario 8300-SP en este caso. Free efile of state taxes Excepción en el caso de ciertas ventas a plazos. Free efile of state taxes   No se considera efectivo un cheque de cajero, giro bancario, cheque de viajero o giro, si el mismo se recibe como el pago de un pagaré o de un contrato de ventas a plazos (incluido un contrato de arrendamiento que se considera una venta para propósitos del impuesto federal). Free efile of state taxes Sin embargo, esta excepción le corresponde solamente si: Usa pagarés o contratos similares en otras ventas a consumidores en el transcurso normal de su negocio u ocupación y El total de pagos que reciba como producto de la venta el sexagésimo (60) día después de la fecha en que se efectúe la venta o antes, asciende a un 50% o menos del precio de compra. Free efile of state taxes Excepción en el caso de ciertos planes de pagos iniciales. Free efile of state taxes   No se considera efectivo un cheque de cajero, giro bancario, cheque de viajero o giro si lo recibió como pago por un artículo de consumo duradero o coleccionable y, además, se dan todas las condiciones siguientes: Lo recibe conforme a un plan de pagos que requiere: Uno o más pagos iniciales y El pago del saldo del precio de la compra en la fecha de la venta. Free efile of state taxes Lo recibe más de 60 días antes de la fecha de la venta. Free efile of state taxes Durante el transcurso normal de su ocupación o negocio, usa planes de pagos con las mismas condiciones (o similares) cuando hace ventas a consumidores. Free efile of state taxes Excepción en el caso de viajes y entretenimiento. Free efile of state taxes   No se considera efectivo un cheque de cajero, giro bancario, cheque de viajero o giro recibido para un viaje o entretenimiento, si se dan todas las condiciones siguientes: Lo recibe conforme a un plan de pagos que requiere: Uno o más pagos iniciales y Que el saldo del precio de compra se pague antes de que se proporcione el artículo de viaje o entretenimiento (como el precio de un pasaje aéreo). Free efile of state taxes Lo recibe más de 60 días antes de la fecha en la cual vence el pago final. Free efile of state taxes Durante el transcurso normal de su ocupación o negocio, usa planes de pagos con las mismas condiciones (o similares) cuando hace ventas a consumidores. Free efile of state taxes Número de identificación del contribuyente (TIN) Tiene que proveer el número correcto de identificación del contribuyente (TIN, por sus siglas en inglés) de la(s) persona(s) de la(s) cual(es) recibe el efectivo. Free efile of state taxes Si la transacción se hace en representación de otra(s) persona(s), usted tiene que proveer el número de identificación del contribuyente de esa(s) persona(s). Free efile of state taxes Si no sabe cuál es el número de identificación del contribuyente de la(s) persona(s), tiene que pedírselo. Free efile of state taxes Usted podría estar sujeto a multas o sanciones por no incluir el número de identificación del contribuyente o por incluir un número incorrecto. Free efile of state taxes Hay tres tipos de número de identificación del contribuyente: El número de identificación de una persona física, incluida una persona que es dueña única de un negocio, es su número de Seguro Social (SSN, por sus siglas en inglés). Free efile of state taxes El número de identificación del contribuyente de una persona que es extranjera y no residente, pero necesita dicho número y no tiene derecho a obtener un número de Seguro Social, es el número de identificación del contribuyente individual (ITIN, por sus siglas en inglés) expedido por el IRS. Free efile of state taxes Un número de identificación del contribuyente individual consta de nueve dígitos, similar a un número de Seguro Social. Free efile of state taxes El número de identificación del contribuyente individual de otras personas, incluidas las sociedades anónimas, sociedades colectivas y caudales hereditarios, es el número de identificación del empleador (EIN, por sus siglas en inglés). Free efile of state taxes Excepción. Free efile of state taxes    Usted no está obligado a proporcionar el TIN de un extranjero no residente o una organización extranjera si dicha persona u organización extranjera: No recibe ingresos que estén realmente relacionados con la operación de una ocupación o negocio en los Estados Unidos; No tiene oficina o lugar de negocios, ni agente financiero o agente pagador en los Estados Unidos; No presenta una declaración de impuestos federales; No proporciona un certificado de retención de impuestos, el cual se describe en la sección 1. Free efile of state taxes 1441-1(e)(2) ó (3) ó 1. Free efile of state taxes 1441-5(c)(2)(iv) ó (3)(iii), según se exija en la sección 1. Free efile of state taxes 1441-1(e)(4)(vii); No tiene que proporcionar el TIN en una declaración escrita ni en ningún otro documento obligatorio conforme a la sección 897 o la sección 1445 de los reglamentos de los impuestos sobre el ingreso o En el caso de un extranjero no residente, el mismo no ha optado por presentar una declaración conjunta de impuesto federal sobre los ingresos con su cónyuge, que es ciudadano estadounidense o residente de los Estados Unidos. Free efile of state taxes ¿Qué son transacciones relacionadas? Las transacciones que se lleven a cabo entre un comprador (o un agente del comprador) y un vendedor en un período de 24 horas son transacciones relacionadas. Free efile of state taxes Si usted recibe de un mismo comprador más de $10,000 en efectivo en dos o más transacciones en un período de 24 horas, tiene que tratar las transacciones como una sola transacción y declarar los pagos en el Formulario 8300-SP. Free efile of state taxes Por ejemplo, si en un mismo día le vende a un cliente dos productos por un valor de $6,000 cada uno y el cliente le paga en efectivo, estas transacciones están relacionadas. Free efile of state taxes Debido a que el total de ambas transacciones asciende a $12,000 (más de $10,000), tiene que presentar el Formulario 8300-SP. Free efile of state taxes Más de 24 horas entre transacciones. Free efile of state taxes   Las transacciones son relacionadas aunque se lleven a cabo en un período de más de 24 horas entre ellas y se tiene conocimiento, o tiene razón para saber, que cada transacción es una de una serie de transacciones relacionadas entre ellas. Free efile of state taxes   Por ejemplo, usted es agente de viajes y un cliente le paga $8,000 en efectivo para un viaje. Free efile of state taxes Dos días más tarde, el mismo cliente le paga $3,000 adicionales en efectivo para incluir a otra persona en el viaje. Free efile of state taxes Estas transacciones están relacionadas y, por lo tanto, tiene que presentar el Formulario 8300-SP para declararlas. Free efile of state taxes ¿Qué se hace en el caso de transacciones sospechosas? Si recibe $10,000 o menos en efectivo, puede presentar voluntariamente el Formulario 8300-SP si la transacción parece ser sospechosa. Free efile of state taxes Una transacción es sospechosa si parece que una persona trata de persuadirlo para no presentar el Formulario 8300-SP o trata de que usted presente un Formulario 8300-SP con información falsa o incompleta, o si hay indicios de una posible actividad ilegal. Free efile of state taxes Si usted tiene alguna sospecha, le instamos a que se comunique lo antes posible con Investigación Penal del IRS (Criminal Investigation) de su localidad. Free efile of state taxes O puede llamar gratis a la línea directa de la FinCEN para instituciones financieras, al 1-866-556-3974. Free efile of state taxes El servicio en esta línea telefónica está disponible en inglés. Free efile of state taxes Cuándo, dónde y qué se tiene que presentar La cantidad que usted reciba, así como cuándo la reciba, determinará cuándo tiene que presentar la declaración. Free efile of state taxes Por lo general, tiene que presentar el Formulario 8300-SP dentro de un plazo de 15 días después de recibir un pago. Free efile of state taxes Si el día en que se vence el plazo para presentar el Formulario 8300-SP (el decimoquinto (15) día o el último día en el que puede presentar el formulario a tiempo) es un sábado, domingo o día feriado oficial, dicho día de vencimiento se pospone hasta el próximo día que no sea sábado, domingo o día feriado oficial. Free efile of state taxes Más de un pago. Free efile of state taxes   En algunas transacciones, el comprador puede acordar con usted pagarle en efectivo a plazos. Free efile of state taxes Si el primer pago es más de $10,000, tiene que presentar el Formulario 8300-SP dentro de un plazo de 15 días. Free efile of state taxes Si el primer pago no excede de $10,000, tiene que sumar el primer pago y todo pago posterior que haya recibido en un período de un año, a partir de la fecha en que recibió el primer pago. Free efile of state taxes Cuando el total de los pagos en efectivo ascienda a más de $10,000, tiene que presentar el Formulario 8300-SP dentro de un plazo de 15 días. Free efile of state taxes   Después de presentar el Formulario 8300-SP, tiene que comenzar a contar de nuevo los pagos en efectivo que reciba de ese comprador. Free efile of state taxes Si recibe de dicho comprador más de $10,000 en pagos adicionales en efectivo dentro de un período de 12 meses, tiene que presentar otro Formulario 8300-SP. Free efile of state taxes Tiene que presentar el formulario dentro de un plazo de 15 días a partir de la fecha en la cual recibió el pago que causó que los pagos adicionales sumaran más de $10,000. Free efile of state taxes   Si ya está obligado a presentar el Formulario 8300-SP y recibe pagos adicionales en un período de 15 días antes de la fecha en que debe presentarlo, puede declarar en un solo formulario todos los pagos recibidos. Free efile of state taxes Ejemplo. Free efile of state taxes El 10 de enero usted recibió un pago de $11,000 en efectivo. Free efile of state taxes Recibió también $4,000 el 15 de febrero, $5,000 el 20 de marzo y $6,000 el 12 de mayo en pagos adicionales en efectivo correspondientes a la misma transacción. Free efile of state taxes Tiene que presentar el Formulario 8300-SP a más tardar el 25 de enero por el pago de $11,000. Free efile of state taxes A más tardar el 27 de mayo, debe presentar un Formulario 8300-SP adicional por los pagos adicionales que suman $15,000. Free efile of state taxes ¿Cómo enmendar un informe?    Si va a enmendar un informe, marque el encasillado 1a, en la parte superior del Formulario 8300-SP. Free efile of state taxes Complete el formulario en su totalidad (de la Parte I a la Parte IV) e incluya la información que está enmendando. Free efile of state taxes No adjunte una copia del informe original. Free efile of state taxes Dónde se presenta el Formulario 8300-SP. Free efile of state taxes   Envíe el formulario por correo a la dirección que aparece en las instrucciones del Formulario 8300-SP. Free efile of state taxes Requisito de entregar una notificación al comprador. Free efile of state taxes   Tiene que entregar una notificación por escrito o por vía electrónica a cada persona cuyo nombre aparezca en algún Formulario 8300-SP que usted tenga que presentar. Free efile of state taxes Puede dar la notificación por vía electrónica únicamente si el receptor acepta recibirla en tal formato. Free efile of state taxes La notificación tiene que incluir el nombre y la dirección de su establecimiento, el nombre y el número de teléfono de la persona de contacto y el total de efectivo recibido de esa persona durante el año que usted tiene que declarar. Free efile of state taxes En dicha notificación, tiene que indicar también que está suministrando esta información al IRS . Free efile of state taxes   Tiene que enviar esta notificación al comprador a más tardar el 31 de enero del año siguiente al año en el cual recibió el efectivo que causó que tuviera que presentar el formulario. Free efile of state taxes Debe guardar durante 5 años una copia de cada Formulario 8300-SP que haya presentado. Free efile of state taxes Ejemplos Ejemplo 1. Free efile of state taxes Patricio Moreno es el gerente de ventas de “Automóviles de Exhibición, Inc. Free efile of state taxes ”. Free efile of state taxes El 6 de enero de 2013, Juana Leal le compra un automóvil nuevo y se lo paga con $18,000 en efectivo. Free efile of state taxes Patricio le pide a Juana que le muestre una identificación con el propósito de obtener los datos necesarios para completar el Formulario 8300-SP. Free efile of state taxes Un Formulario 8300-SP debidamente completado correspondiente a esta transacción aparece al final de esta publicación. Free efile of state taxes Patricio tiene que enviar por correo el Formulario 8300-SP a más tardar el día 21 de enero de 2013 a la dirección que aparece en las instrucciones del mismo. Free efile of state taxes Además, tiene que enviarle a Juana una notificación a más tardar el 31 de enero de 2014. Free efile of state taxes Ejemplo 2. Free efile of state taxes Usemos los mismos datos del Ejemplo 1, pero supongamos que en este caso Juana acordó hacer varios pagos en efectivo de $6,000 cada uno el día 6 de enero, el día 6 de febrero y el día 6 de marzo. Free efile of state taxes Patricio tendrá que presentar un Formulario 8300-SP a más tardar el 21 de febrero (15 días después de recibir la totalidad de los pagos en efectivo que asciendan a más de $10,000 dentro de un período de un año. Free efile of state taxes Patricio no está obligado a declarar los $6,000 restantes recibidos en efectivo, ya que esa cantidad no es más de $10,000. Free efile of state taxes No obstante, puede declararlos si cree que se trata de una transacción sospechosa. Free efile of state taxes Multas y sanciones La ley establece que se impongan multas civiles por no: Presentar un Formulario 8300-SP correcto para la fecha de vencimiento del mismo y Cumplir con el requisito de entregar una notificación a cada persona cuyo nombre aparece en el Formulario 8300-SP. Free efile of state taxes Si usted, a sabiendas, hace caso omiso del requisito de presentar un Formulario 8300-SP correcto para la fecha de vencimiento del mismo, la multa que se le impondrá será la mayor de las dos cantidades siguientes: $25,000 o La cantidad de efectivo que recibió y que estaba obligado a declarar (hasta un máximo de $100,000). Free efile of state taxes La ley establece que se impongan multas y sanciones por: No presentar intencionalmente el Formulario 8300-SP, Presentar intencionalmente un Formulario 8300-SP falso o fraudulento, Impedir o tratar de impedir que se presente el Formulario 8300-SP y Hacer arreglos, ayudar a que se hagan arreglos, o tratar de que se hagan arreglos para que se lleve a cabo una transacción de tal manera que parezca que no es necesario presentar el Formulario 8300-SP. Free efile of state taxes Si intencionalmente no cumple el requisito de presentar el Formulario 8300-SP, podría imponérsele una multa de hasta $250,000 a las personas físicas ($500,000 en el caso de una sociedad anónima) o una condena de hasta 5 años de cárcel, o ambas. Free efile of state taxes Estas cantidades en dólares se imponen de acuerdo a lo estipulado en la sección 3571 del Título 18 del Código de los Estados Unidos. Free efile of state taxes Las sanciones por no presentar el Formulario 8300-SP se pueden imponer también a toda persona (incluso a un pagador) que trate de dificultar o impedir que el vendedor (o el establecimiento comercial) presente un Formulario 8300-SP correcto. Free efile of state taxes Esto incluye todo intento de estructurar la transacción de manera que parezca innecesario presentar el Formulario 8300-SP. Free efile of state taxes “Estructurar” significa dividir una transacción cuantiosa de efectivo en pequeñas transacciones de efectivo. Free efile of state taxes Cómo Obtener Ayuda con los Impuestos Puede obtener ayuda con asuntos relacionados con sus impuestos que no hayan sido aún resueltos, pedir gratuitamente publicaciones y formularios, hacer preguntas acerca de los impuestos, así como obtener más información del IRS de varias maneras. Free efile of state taxes Al seleccionar el método que le resulte mejor, usted tendrá acceso rápido y fácil a ayuda relacionada con los impuestos. Free efile of state taxes Ayuda gratuita con la preparación de la declaración de impuestos. Free efile of state taxes   Existe ayuda gratuita para la preparación de la declaración de impuestos en todo el país con voluntarios capacitados por el IRS. Free efile of state taxes El programa Volunteer Income Tax Assistance (Programa de Ayuda Voluntaria a los Contribuyentes o VITA, por sus siglas en inglés) está diseñado para ayudar a los contribuyentes de bajos recursos y el programa Tax Counseling for the Elderly (Programa de Asesoramiento para las Personas Mayores o TCE, por sus siglas en inglés) está diseñado para ayudar a los contribuyentes de 60 años de edad o más con su declaración de impuestos. Free efile of state taxes En muchas de estas oficinas usted puede presentar la declaración electrónicamente gratis y los voluntarios le informarán sobre los créditos y deducciones a los que quizás tenga derecho. Free efile of state taxes Para ubicar un sitio de ayuda VITA o TCE cerca de usted, visite IRS. Free efile of state taxes gov o llame al 1-800-906-9887 o al 1-800-829-1040. Free efile of state taxes   Como parte del programa TCE, la Asociación Estadounidense de Personas Jubiladas (AARP, por sus siglas en inglés) ofrece el programa de asesoramiento AARP Tax-Aide (Programa de Ayuda Tributaria de la Asociación Estadounidense de Personas Jubiladas). Free efile of state taxes Para ubicar el sitio del programa AARP Tax-Aide más cercano a usted, llame al 1-888-227-7669 o visite el sitio web de la AARP, www. Free efile of state taxes aarp. Free efile of state taxes org/money/taxaide. Free efile of state taxes   Para más información sobre estos programas, visite www. Free efile of state taxes irs. Free efile of state taxes gov/espanol e ingrese la palabra clave “ VITA ” en la esquina superior derecha. Free efile of state taxes La información está disponible en inglés. Free efile of state taxes Internet. Free efile of state taxes Puede tener acceso al sitio web del IRS, en IRS. Free efile of state taxes gov las 24 horas del día, los 7 días a la semana para: Revisar el estado de su reembolso. Free efile of state taxes Visite www. Free efile of state taxes irs. Free efile of state taxes gov/espanol y pulse sobre el enlace “¿Dónde Está mi Reembolso?”. Free efile of state taxes Asegúrese de esperar por lo menos 72 horas después de que el IRS acuse recibo de su declaración presentada por vía electrónica o 3 a 4 semanas después de enviar una declaración en papel. Free efile of state taxes Si presentó el Formulario 8379 junto con su declaración, espere 14 semanas (11 semanas si la presentó electrónicamente). Free efile of state taxes Tenga a mano su declaración de impuestos para poder facilitar su número de Seguro Social, su estado civil para efectos de la declaración y la cantidad exacta en dólares enteros de su reembolso. Free efile of state taxes Presentar la declaración por medio del sistema electrónico e-file. Free efile of state taxes Aprenda sobre programas comerciales para la preparación de la declaración y los servicios e-file gratuitos para los contribuyentes que cumplan los requisitos. Free efile of state taxes Descargar formularios, instrucciones y publicaciones (incluyendo los formularios, instrucciones y publicaciones en audio). Free efile of state taxes Pedir productos del IRS a través de Internet. Free efile of state taxes Buscar información sobre sus preguntas acerca de impuestos en Internet. Free efile of state taxes Buscar publicaciones en Internet por tema o palabra clave. Free efile of state taxes Utilizar el Código de Impuestos Internos, los reglamentos u otras guías oficiales a través de Internet. Free efile of state taxes Ver los Internal Revenue Bulletins (Boletines del IRS, o IRB por sus siglas en inglés) publicados en los últimos años. Free efile of state taxes Calcular los descuentos de la retención usando nuestra calculadora diseñada para este propósito en el sitio web www. Free efile of state taxes irs. Free efile of state taxes gov/individuals. Free efile of state taxes Esta herramienta está disponible en inglés. Free efile of state taxes Saber si tiene que presentar el Formulario 6251, utilizando el Alternative Minimum Tax (AMT) Assistant (Hoja de Cómputo Electrónica para Calcular el Impuesto Mínimo Alternativo). Free efile of state taxes Esta herramienta está disponible en inglés en el sitio www. Free efile of state taxes irs. Free efile of state taxes gov/individuals. Free efile of state taxes Suscribirse para recibir noticias sobre impuestos locales y nacionales por medio de correo electrónico. Free efile of state taxes Obtener información acerca de cómo comenzar y administrar un pequeño negocio. Free efile of state taxes Teléfono. Free efile of state taxes Muchos servicios están disponibles por teléfono:  Cómo pedir formularios, instrucciones y publicaciones. Free efile of state taxes Llame al 1-800-829-3676 (servicio disponible en español) para pedir formularios, instrucciones y publicaciones de este año, así como de años anteriores. Free efile of state taxes Deberá recibir lo que ha pedido dentro de 10 días. Free efile of state taxes Cómo hacer preguntas relacionadas con los impuestos. Free efile of state taxes Llame al IRS para hacer preguntas al 1-800-829-1040. Free efile of state taxes Cómo resolver problemas. Free efile of state taxes Puede recibir ayuda en persona para resolver problemas tributarios en días laborables en los IRS Taxpayer Assistance Centers (Centros de Ayuda del IRS para Contribuyentes). Free efile of state taxes Un funcionario le puede explicar las cartas del IRS, ayudar a hacer solicitudes para ajustes a su cuenta tributaria o ayudarle a establecer un plan de pagos. Free efile of state taxes Llame al Centro de Ayuda del IRS para Contribuyentes local para pedir una cita. Free efile of state taxes Para obtener el número telefónico, visite el sitio web www. Free efile of state taxes irs. Free efile of state taxes gov/localcontacts o consulte la guía telefónica bajo United States Government, Internal Revenue Service (Gobierno de los Estados Unidos, Servicio de Impuestos Internos). Free efile of state taxes Equipo TTY/TDD. Free efile of state taxes Las personas que son sordas, tienen problemas auditivos o quienes tienen incapacidades del habla y tienen acceso a equipo TTY/TDD, llame al 1-800-829-4059 para hacer preguntas relacionadas con los impuestos o para pedir formularios y publicaciones. Free efile of state taxes Temas TeleTax. Free efile of state taxes Llame al 1-800-829-4477 y presione el 2 para escuchar mensajes grabados en español sobre varios temas relacionados con los impuestos. Free efile of state taxes Información sobre los reembolsos. Free efile of state taxes Puede verificar el estado de su reembolso en la nueva aplicación del IRS para teléfonos móviles. Free efile of state taxes Descargue gratuitamente la aplicación IRS2Go visitando la tienda de aplicaciones de iTunes o la tienda para las aplicaciones para los teléfonos Android. Free efile of state taxes IRS2Go es una nueva manera en donde puede obtener información y recursos. Free efile of state taxes Para revisar el estado de su reembolso, llame al 1-800-829-4477 (información automatizada sobre reembolsos en español, 24 horas al día, 7 días a la semana). Free efile of state taxes Asegúrese de esperar por lo menos 72 horas después de que el IRS acuse recibo de su declaración presentada por vía electrónica o 3 a 4 semanas después de enviar una declaración en papel. Free efile of state taxes Si presentó el Formulario 8379 junto con su declaración, espere 14 semanas (11 semanas si la presentó electrónicamente). Free efile of state taxes Tenga a mano su declaración de impuestos para poder facilitar su número de Seguro Social, su estado civil para efectos de la declaración y la cantidad exacta en dólares enteros de su reembolso. Free efile of state taxes Los reembolsos se envían el viernes de cada semana. Free efile of state taxes Si comprueba el estado de su reembolso y no se le da una fecha de envío, espere a la siguiente semana para volver a comprobarlo. Free efile of state taxes Otra información sobre reembolsos. Free efile of state taxes Para revisar el estado de un reembolso de un año anterior o un reembolso de una declaración enmendada, llame al 1-800-829-1040. Free efile of state taxes Evaluación de la calidad de nuestros servicios telefónicos. Free efile of state taxes Para asegurar que las respuestas que reciba de los funcionarios del IRS sean correctas, corteses y profesionales, evaluamos la calidad de nuestros servicios telefónicos de diversas maneras. Free efile of state taxes Una manera es que un segundo funcionario del IRS escuche o grabe las llamadas telefónicas en el momento en que éstas se lleven a cabo. Free efile of state taxes Otra manera es pedirles a algunas de las personas que llaman que contesten una breve encuesta al final de la llamada. Free efile of state taxes Visitas en persona. Free efile of state taxes Muchos productos y servicios están disponibles en varios lugares sin la necesidad de tener cita previa. Free efile of state taxes   Productos. Free efile of state taxes Puede visitar diversas oficinas de correos, bibliotecas y oficinas del IRS para obtener ciertos formularios, instrucciones y publicaciones. Free efile of state taxes Algunas oficinas del IRS, bibliotecas, supermercados, centros para hacer copias, oficinas de gobiernos municipales y de condados, cooperativas de crédito y tiendas de artículos de oficina tienen una colección de productos que se pueden imprimir de un CD o fotocopiar del documento original impreso. Free efile of state taxes Además, algunas oficinas del IRS así como algunas bibliotecas tienen el Código de Impuestos Internos, reglamentos, Boletines del IRS y Boletines Cumulativos disponibles para la búsqueda de información. Free efile of state taxes Servicios. Free efile of state taxes Usted puede visitar su Taxpayer Assistance Center (Centro de Ayuda para el Contribuyente) local del IRS cada día laborable para recibir ayuda en persona con respecto a todo problema relacionado con los impuestos. Free efile of state taxes Un funcionario puede explicarle las cartas que le envía el IRS, le puede ayudar a hacer solicitudes para ajustar su cuenta tributaria o ayudarle a establecer un plan de pagos. Free efile of state taxes Si necesita resolver un problema relacionado con los impuestos, tiene preguntas sobre cómo las leyes tributarias son aplicables a su declaración de impuestos personal o se siente más a gusto hablando con alguien en persona, visite su Centro de Ayuda para el Contribuyente a nivel local donde podrá mostrar sus archivos y documentación y hablar con un funcionario del IRS en persona. Free efile of state taxes No se necesita cita, simplemente visite y haga su consulta. Free efile of state taxes Pero si prefiere, puede llamar a su centro local y dejar un mensaje solicitando una cita para resolver un asunto relacionado con su cuenta tributaria. Free efile of state taxes Un funcionario le llamará dentro de 2 días laborables para hacer una cita en persona con usted. Free efile of state taxes Si le queda por resolver algún problema complicado relacionado con los impuestos o si tiene alguna necesidad especial, como una discapacidad, puede solicitar una cita. Free efile of state taxes Los demás asuntos se tramitan sin necesidad de hacer una cita. Free efile of state taxes Para obtener el número telefónico de la oficina local, visite el sitio web www. Free efile of state taxes irs. Free efile of state taxes gov/localcontacts o consulte la guía telefónica bajo United States Government, Internal Revenue Service (Gobierno de los Estados Unidos, Servicio de Impuestos Internos). Free efile of state taxes Correspondencia. Free efile of state taxes Puede solicitar formularios, instrucciones y publicaciones enviando una solicitud a la dirección que se proporciona a continuación y le contestaremos dentro de un período de 10 días después de haber recibido su solicitud. Free efile of state taxes  Internal Revenue Service 1201 N. Free efile of state taxes Mitsubishi Motorway Bloomington, IL 61705-6613 Servicio del Defensor del Contribuyente. Free efile of state taxes    El Servicio del Defensor del Contribuyente (TAS, por sus siglas en inglés) es su voz ante el IRS. Free efile of state taxes Nuestro trabajo es asegurarnos que cada contribuyente sea tratado de manera justa y que usted conozca y entienda sus derechos. Free efile of state taxes Nosotros ofrecemos ayuda gratuita para guiarle a través del proceso confuso de resolver problemas tributarios que usted no ha podido resolver por su cuenta. Free efile of state taxes Recuerde, lo peor que puede hacer es no hacer nada al respecto. Free efile of state taxes    TAS le puede ayudar si usted no puede resolver su problema con el IRS y: Su problema le está causando dificultades económicas a usted, a su familia o a su negocio. Free efile of state taxes Usted (o su negocio) está enfrentando una amenaza inmediata de alguna acción que se podría tomar en contra de usted. Free efile of state taxes Usted se ha tratado de comunicar con el IRS, pero nadie le ha respondido o el IRS no le ha respondido para la fecha prometida. Free efile of state taxes   Si usted reúne los requisitos para recibir nuestra ayuda, nosotros haremos todo lo que esté en nuestro poder para resolver su problema. Free efile of state taxes A usted se le asignará un defensor, quien estará con usted durante todo el proceso. Free efile of state taxes Tenemos oficinas en cada estado, el Distrito de Columbia y Puerto Rico. Free efile of state taxes Aunque TAS es una organización independiente dentro del IRS, nuestros defensores conocen cómo trabajar con el IRS para poder resolver sus problemas. Free efile of state taxes Y nuestros servicios siempre son gratuitos. Free efile of state taxes   Como contribuyente, usted tiene derechos. Free efile of state taxes El IRS tiene que cumplir con esos derechos al tratar con usted. Free efile of state taxes Nuestro conjunto de recursos en www. Free efile of state taxes TaxpayerAdvocate. Free efile of state taxes irs. Free efile of state taxes gov le puede ayudar a entender estos derechos. Free efile of state taxes   Si cree que TAS podría ayudarle, comuníquese con su defensor local, cuyo número telefónico se encuentra en su guía telefónica y en nuestro sitio web en www. Free efile of state taxes irs. Free efile of state taxes gov/advocate. Free efile of state taxes Además, puede llamar a nuestro número telefónico libre de cargos, al 1-877-777-4778. Free efile of state taxes   Además, TAS también maneja problemas de gran escala y problemas sistémicos que afectan a muchos contribuyentes. Free efile of state taxes Si usted conoce acerca de alguno de estos asuntos, por favor, infórmelo a nuestra oficina a través del Systemic Advocacy Management System (Sistema de administración de la defensa sistémica), en inglés, en www. Free efile of state taxes irs. Free efile of state taxes gov/advocate. Free efile of state taxes Talleres de Asistencia Tributaria para Contribuyentes de Bajos Recursos (LITC, por sus siglas en inglés). Free efile of state taxes   Los LITC son organizaciones independientes del IRS. Free efile of state taxes Algunos talleres le prestan servicios a personas cuyos ingresos están por debajo de ciertos niveles y necesitan resolver un asunto tributario. Free efile of state taxes Estos talleres proveen representación profesional ante el IRS o en los tribunales con asuntos como auditorías, apelaciones, litigios sobre el cobro de impuestos y otros asuntos de manera gratuita o por un cargo mínimo. Free efile of state taxes Además, algunos talleres pueden proveer información sobre los derechos y responsabilidades de los contribuyentes en muchos idiomas para las personas que hablan inglés como segunda lengua. Free efile of state taxes Si desea más información y para encontrar un taller que le quede cerca, vea la página dedicada a los LITC en www. Free efile of state taxes irs. Free efile of state taxes gov/espanol, la cual se encuentra bajo el enlace “Defensor del Contribuyente” o vea la Publicación 4134(SP), Lista de Talleres para Contribuyentes de Bajos Ingresos (o la Publicación 4134, en inglés). Free efile of state taxes Puede obtener esta publicación llamando al 1-800-829-3676 o en su oficina local del IRS. Free efile of state taxes Servicios gratuitos para los impuestos. Free efile of state taxes   Para saber qué servicios están disponibles, obtenga la Publicación 910, IRS Guide to Free Tax Services (Guía de servicios gratuitos relacionados con los impuestos), en inglés. Free efile of state taxes Contiene una lista de recursos gratuitos relacionados con los impuestos, incluidas las publicaciones, y explica sobre servicios de educación tributaria y programas de ayuda. Free efile of state taxes Además, cuenta con un índice de más de 100 temas tributarios (TeleTax), o sea, información tributaria grabada que puede escuchar por teléfono. Free efile of state taxes La mayor parte de la información y los servicios identificados en esta publicación están disponibles a usted libre de cargos. Free efile of state taxes Si acaso tendría que incurrir en un cargo para obtener algún recurso o servicio, la publicación así lo indicaría. Free efile of state taxes   Para personas discapacitadas, se pueden solicitar versiones de productos publicados por el IRS en formatos alternativos. Free efile of state taxes Discos DVD para productos tributarios. Free efile of state taxes Usted puede solicitar la Publicación 1796, IRS Tax Products DVD (DVD de productos del IRS), en inglés, y obtener: Formularios, instrucciones y publicaciones de impuestos del año en curso. Free efile of state taxes Formularios, instrucciones y publicaciones de impuestos de años anteriores. Free efile of state taxes Tax Map (Mapa Tributario): una herramienta de búsqueda electrónica y de ayuda. Free efile of state taxes Preguntas sobre leyes tributarias hechas con frecuencia. Free efile of state taxes Tax Topics (Temas Tributarios) del sistema telefónico de respuesta del IRS. Free efile of state taxes Código de Impuestos Internos — Título 26 del Código de los Estados Unidos. Free efile of state taxes Enlaces a otros materiales tributarios para búsqueda en la Internet. Free efile of state taxes Opciones para completar, imprimir y guardar la mayoría de los formularios de impuestos. Free efile of state taxes Internal Revenue Bulletins (Boletines del IRS). Free efile of state taxes Apoyo técnico telefónico gratuito y por correo electrónico. Free efile of state taxes El CD que se expide dos veces al año. Free efile of state taxes  — La primera entrega se envía a principios de enero. Free efile of state taxes  — La última entrega se envía a principios de marzo. Free efile of state taxes Compre el DVD del National Technical Information Service (NTIS, por sus siglas en inglés) en la página web www. Free efile of state taxes irs. Free efile of state taxes gov/cdorders por $30 (sin costo de tramitación) o llame gratuitamente al 1-877-233-6767 para comprar el DVD por $30 (más un cargo de tramitación de $6). Free efile of state taxes This image is too large to be displayed in the current screen. Free efile of state taxes Please click the link to view the image. Free efile of state taxes Filled-In Form 8300-SP Prev  Up  Next   Home   More Online Publications
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Letter 484C Frequently Asked Questions

What is the letter telling me?

The letter requests you complete a Financial Statement so we can determine your ability to pay.

What do I have to do?

Complete the financial statement and provide all of the substantiation requested. Return to us as soon as possible.

How much time do I have?

The requested information must be received by us by the due date contained in the letter. It is best to return to us as soon as possible.

What happens if I don't take any action?

Failure to provide this information may result in enforced collection action which could result in a levy on your wages or bank account or a lien on your personal property.

Who should I contact?

The letter contains a toll free telephone number for you to call. The person who answers the phone will assist you.

What if I don't agree or have already taken corrective action?

If you not agree with this request, call us immediately at the telephone number provided in the letter. We will do our best to help you. If you have already taken corrective action and it has been more than 45 days, call us at the telephone number provided.

Page Last Reviewed or Updated: 30-Jan-2014

The Free Efile Of State Taxes

Free efile of state taxes 2. Free efile of state taxes   Estimated Tax for 2014 Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Who Does Not Have To Pay Estimated Tax Who Must Pay Estimated TaxGeneral Rule Married Taxpayers Special Rules Aliens Estates and Trusts How To Figure Estimated Tax2014 Estimated Tax Worksheet When To Pay Estimated TaxWhen To Start Farmers and Fishermen How To Figure Each PaymentRegular Installment Method Annualized Income Installment Method Estimated Tax Payments Not Required How To Pay Estimated TaxCredit an Overpayment Pay Online Pay by Phone Pay by Check or Money Order Using the Estimated Tax Payment Voucher Introduction Estimated tax is the method used to pay tax on income that is not subject to withholding. Free efile of state taxes This includes income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes, and awards. Free efile of state taxes You also may have to pay estimated tax if the amount of income tax being withheld from your salary, pension, or other income is not enough. Free efile of state taxes Estimated tax is used to pay both income tax and self-employment tax, as well as other taxes and amounts reported on your tax return. Free efile of state taxes If you do not pay enough tax, either through withholding or estimated tax, or a combination of both, you may have to pay a penalty. Free efile of state taxes If you do not pay enough by the due date of each payment period (see When To Pay Estimated Tax , later), you may be charged a penalty even if you are due a refund when you file your tax return. Free efile of state taxes For information on when the penalty applies, see chapter 4. Free efile of state taxes It would be helpful for you to have a copy of your 2013 tax return and an estimate of your 2014 income nearby while reading this chapter. Free efile of state taxes Topics - This chapter discusses: Who must pay estimated tax, How to figure estimated tax (including illustrated examples), When to pay estimated tax, How to figure each payment, and How to pay estimated tax. Free efile of state taxes Useful Items - You may want to see: Form (and Instructions) 1040-ES Estimated Tax for Individuals See chapter 5 for information about how to get this publication and form. Free efile of state taxes Worksheets. Free efile of state taxes   You may need to use several of the blank worksheets included in this chapter. Free efile of state taxes See Worksheets for Chapter 2, later, to locate what you need. Free efile of state taxes Who Does Not Have To Pay Estimated Tax If you receive salaries and wages, you may be able to avoid paying estimated tax by asking your employer to take more tax out of your earnings. Free efile of state taxes To do this, file a new Form W-4 with your employer. Free efile of state taxes See chapter 1. Free efile of state taxes Estimated tax not required. Free efile of state taxes   You do not have to pay estimated tax for 2014 if you meet all three of the following conditions. Free efile of state taxes You had no tax liability for 2013. Free efile of state taxes You were a U. Free efile of state taxes S. Free efile of state taxes citizen or resident alien for the whole year. Free efile of state taxes Your 2013 tax year covered a 12-month period. Free efile of state taxes   You had no tax liability for 2013 if your total tax (defined later under Total tax for 2013—line 14b ) was zero or you did not have to file an income tax return. Free efile of state taxes Please click here for the text description of the image. Free efile of state taxes Figure 2-A: Do You Have To Pay Estimated Tax? Who Must Pay Estimated Tax If you owed additional tax for 2013, you may have to pay estimated tax for 2014. Free efile of state taxes You can use the following general rule as a guide during the year to see if you will have enough withholding, or should increase your withholding or make estimated tax payments. Free efile of state taxes General Rule In most cases, you must pay estimated tax for 2014 if both of the following apply. Free efile of state taxes You expect to owe at least $1,000 in tax for 2014, after subtracting your withholding and refundable credits. Free efile of state taxes You expect your withholding and refundable credits to be less than the smaller of: 90% of the tax to be shown on your 2014 tax return, or 100% of the tax shown on your 2013 tax return. Free efile of state taxes Your 2013 tax return must cover all 12 months. Free efile of state taxes Note. Free efile of state taxes The percentages in (2a) or (2b) above may be different if you are a farmer, fisherman, or higher income taxpayer. Free efile of state taxes See Special Rules , later. Free efile of state taxes If the result from using the general rule above suggests that you will not have enough withholding, complete the 2014 Estimated Tax Worksheet for a more accurate calculation. Free efile of state taxes Figure 2-A takes you through the general rule. Free efile of state taxes You may find this helpful in determining if you must pay estimated tax. Free efile of state taxes If all your income will be subject to income tax withholding, you probably do not need to pay estimated tax. Free efile of state taxes Example 1. Free efile of state taxes Jane Smart uses Figure 2-A and the following information to figure whether she should pay estimated tax for 2014. Free efile of state taxes She files as head of household claiming her dependent son, takes the standard deduction, and expects no refundable credits for 2014. Free efile of state taxes Expected adjusted gross income (AGI) for 2014 $82,800 AGI for 2013 $73,700 Total tax on 2013 return (Form 1040,  line 61) $  8,746 Total 2014 estimated tax (line 13c of the 2014 Estimated Tax Worksheet) $11,015 Tax expected to be withheld in 2014 $10,000 Jane's answer to Figure 2-A, box 1, is YES; she expects to owe at least $1,000 for 2014 after subtracting her withholding from her expected total tax ($11,015 − $10,000 = $1,015). Free efile of state taxes Her answer to box 2a is YES; she expects her income tax withholding ($10,000) to be at least 90% of the tax to be shown on her 2014 return ($11,015 × 90% = $9,913. Free efile of state taxes 50). Free efile of state taxes Jane does not need to pay estimated tax. Free efile of state taxes Example 2. Free efile of state taxes The facts are the same as in Example 1, except that Jane expects only $8,700 tax to be withheld in 2014. Free efile of state taxes Because that is less than $9,913. Free efile of state taxes 50, her answer to box 2a is NO. Free efile of state taxes Jane's answer to box 2b is also NO; she does not expect her income tax withholding ($8,700) to be at least 100% of the total tax shown on her 2013 return ($8,746). Free efile of state taxes Jane must increase her withholding or pay estimated tax for 2014. Free efile of state taxes Example 3. Free efile of state taxes The facts are the same as in Example 2, except that the total tax shown on Jane's 2013 return was $8,600. Free efile of state taxes Because she expects to have more than $8,600 withheld in 2014 ($8,700), her answer to box 2b is YES. Free efile of state taxes Jane does not need to pay estimated tax for 2014. Free efile of state taxes Married Taxpayers If you qualify to make joint estimated tax payments, apply the rules discussed here to your joint estimated income. Free efile of state taxes You and your spouse can make joint estimated tax payments even if you are not living together. Free efile of state taxes However, you and your spouse cannot make joint estimated tax payments if: You are legally separated under a decree of divorce or separate maintenance, You and your spouse have different tax years, Either spouse is a nonresident alien (unless that spouse elected to be treated as a resident alien for tax purposes). Free efile of state taxes See Choosing Resident Alien Status in Publication 519, or Individuals of the same sex and opposite sex who are in registered domestic partnerships, civil unions, or other similar formal relationships that are not marriages under state law cannot make joint estimated tax payments. Free efile of state taxes These individuals can take credit only for the estimated tax payments that he or she made. Free efile of state taxes If you and your spouse cannot make joint estimated tax payments, apply these rules to your separate estimated income. Free efile of state taxes Making joint or separate estimated tax payments will not affect your choice of filing a joint tax return or separate returns for 2014. Free efile of state taxes 2013 separate returns and 2014 joint return. Free efile of state taxes   If you plan to file a joint return with your spouse for 2014, but you filed separate returns for 2013, your 2013 tax is the total of the tax shown on your separate returns. Free efile of state taxes You filed a separate return if you filed as single, head of household, or married filing separately. Free efile of state taxes 2013 joint return and 2014 separate returns. Free efile of state taxes   If you plan to file a separate return for 2014, but you filed a joint return for 2013, your 2013 tax is your share of the tax on the joint return. Free efile of state taxes You file a separate return if you file as single, head of household, or married filing separately. Free efile of state taxes   To figure your share of the tax on a joint return, first figure the tax both you and your spouse would have paid had you filed separate returns for 2013 using the same filing status for 2014. Free efile of state taxes Then multiply the tax on the joint return by the following fraction. Free efile of state taxes      The tax you would have paid had you filed a separate return   The total tax you and your spouse would have paid had you filed separate returns Example. Free efile of state taxes Joe and Heather filed a joint return for 2013 showing taxable income of $48,500 and a tax of $6,386. Free efile of state taxes Of the $48,500 taxable income, $40,100 was Joe's and the rest was Heather's. Free efile of state taxes For 2014, they plan to file married filing separately. Free efile of state taxes Joe figures his share of the tax on the 2013 joint return as follows: Tax on $40,100 based on separate return $5,960 Tax on $8,400 based on separate return 843 Total $6,803 Joe's percentage of total ($5,960 ÷ $6,803) 87. Free efile of state taxes 6% Joe's share of tax on joint return  ($6,386 × 87. Free efile of state taxes 6%) $5,594 Special Rules There are special rules for farmers, fishermen, and certain higher income taxpayers. Free efile of state taxes Farmers and Fishermen If at least two-thirds of your gross income for 2013 or 2014 is from farming or fishing, substitute 662/3% for 90% in (2a) under General Rule , earlier. Free efile of state taxes Gross income. Free efile of state taxes   Your gross income is all income you receive in the form of money, goods, property, and services that is not exempt from tax. Free efile of state taxes To determine whether two-thirds of your gross income for 2013 was from farming or fishing, use as your gross income the total of the income (not loss) amounts. Free efile of state taxes Joint returns. Free efile of state taxes   On a joint return, you must add your spouse's gross income to your gross income to determine if at least two-thirds of your total gross income is from farming or fishing. Free efile of state taxes Gross income from farming. Free efile of state taxes   This is income from cultivating the soil or raising agricultural commodities. Free efile of state taxes It includes the following amounts. Free efile of state taxes Income from operating a stock, dairy, poultry, bee, fruit, or truck farm. Free efile of state taxes Income from a plantation, ranch, nursery, range, orchard, or oyster bed. Free efile of state taxes Crop shares for the use of your land. Free efile of state taxes Gains from sales of draft, breeding, dairy, or sporting livestock. Free efile of state taxes   For 2013, gross income from farming is the total of the following amounts. Free efile of state taxes Schedule F (Form 1040), Profit or Loss From Farming, line 9. Free efile of state taxes Form 4835, Farm Rental Income and Expenses, line 7. Free efile of state taxes Your share of the gross farming income from a partnership, S corporation, estate or trust, from: Schedule K-1 (Form 1065), Schedule K-1 (Form 1120S), or Schedule K-1 (Form 1041). Free efile of state taxes Your gains from sales of draft, breeding, dairy, or sporting livestock shown on Form 4797, Sales of Business Property. Free efile of state taxes   Wages you receive as a farm employee and wages you receive from a farm corporation are not gross income from farming. Free efile of state taxes Gross income from fishing. Free efile of state taxes   This is income from catching, taking, harvesting, cultivating, or farming any kind of fish, shellfish (for example, clams and mussels), crustaceans (for example, lobsters, crabs, and shrimp), sponges, seaweeds, or other aquatic forms of animal and vegetable life. Free efile of state taxes   Gross income from fishing includes the following amounts. Free efile of state taxes Schedule C (Form 1040), Profit or Loss From Business. Free efile of state taxes Income for services as an officer or crew member of a vessel while the vessel is engaged in fishing. Free efile of state taxes Your share of the gross fishing income from a partnership, S corporation, estate or trust, from: Schedule K-1 (Form 1065), Schedule K-1 (Form 1120S), or Schedule K-1 (Form 1041). Free efile of state taxes Certain taxable interest and punitive damage awards received in connection with the Exxon Valdez litigation. Free efile of state taxes Income for services normally performed in connection with fishing. Free efile of state taxes Services normally performed in connection with fishing include: Shore service as an officer or crew member of a vessel engaged in fishing, and Services that are necessary for the immediate preservation of the catch, such as cleaning, icing, and packing the catch. Free efile of state taxes Higher Income Taxpayers If your AGI for 2013 was more than $150,000 ($75,000 if your filing status for 2014 is married filing a separate return), substitute 110% for 100% in (2b) under General Rule , earlier. Free efile of state taxes For 2013, AGI is the amount shown on Form 1040, line 37; Form 1040A, line 21; and Form 1040EZ, line 4. Free efile of state taxes Note. Free efile of state taxes This rule does not apply to farmers and fishermen. Free efile of state taxes Aliens Resident and nonresident aliens also may have to pay estimated tax. Free efile of state taxes Resident aliens should follow the rules in this publication, unless noted otherwise. Free efile of state taxes Nonresident aliens should get Form 1040-ES (NR), U. Free efile of state taxes S. Free efile of state taxes Estimated Tax for Nonresident Alien Individuals. Free efile of state taxes You are an alien if you are not a citizen or national of the United States. Free efile of state taxes You are a resident alien if you either have a green card or meet the substantial presence test. Free efile of state taxes For more information about withholding, the substantial presence test, and Form 1040-ES (NR), see Publication 519. Free efile of state taxes Estates and Trusts Estates and trusts also must pay estimated tax. Free efile of state taxes However, estates (and certain grantor trusts that receive the residue of the decedent's estate under the decedent's will) are exempt from paying estimated tax for the first 2 years after the decedent's death. Free efile of state taxes Estates and trusts must use Form 1041-ES, Estimated Income Tax for Estates and Trusts, to figure and pay estimated tax. Free efile of state taxes How To Figure Estimated Tax To figure your estimated tax, you must figure your expected AGI, taxable income, taxes, deductions, and credits for the year. Free efile of state taxes When figuring your 2014 estimated tax, it may be helpful to use your income, deductions, and credits for 2013 as a starting point. Free efile of state taxes Use your 2013 federal tax return as a guide. Free efile of state taxes You can use Form 1040-ES to figure your estimated tax. Free efile of state taxes Nonresident aliens use Form 1040-ES (NR) to figure estimated tax. Free efile of state taxes You must make adjustments both for changes in your own situation and for recent changes in the tax law. Free efile of state taxes Some of these changes are discussed under What's New for 2014 , earlier. Free efile of state taxes For information about these and other changes in the law, visit the IRS website at IRS. Free efile of state taxes gov. Free efile of state taxes The instructions for Form 1040-ES include a worksheet to help you figure your estimated tax. Free efile of state taxes Keep the worksheet for your records. Free efile of state taxes 2014 Estimated Tax Worksheet Use Worksheet 2-1 to help guide you through the information about completing the 2014 Estimated Tax Worksheet. Free efile of state taxes You can also find a copy of the worksheet in the Instructions for Form 1040-ES. Free efile of state taxes Expected AGI—Line 1 Your expected AGI for 2014 (line 1) is your expected total income minus your expected adjustments to income. Free efile of state taxes Total income. Free efile of state taxes   Include in your total income all the income you expect to receive during the year, even income that is subject to withholding. Free efile of state taxes However, do not include income that is tax exempt. Free efile of state taxes   Total income includes all income and loss for 2014 that, if you had received it in 2013, would have been included on your 2013 tax return in the total on line 22 of Form 1040, line 15 of Form 1040A, or line 4 of Form 1040EZ. Free efile of state taxes Social security and railroad retirement benefits. Free efile of state taxes If you expect to receive social security or tier 1 railroad retirement benefits during 2014, use Worksheet 2-2 to figure the amount of expected taxable benefits you should include on line 1. Free efile of state taxes Adjustments to income. Free efile of state taxes   Be sure to subtract from your expected total income all of the adjustments you expect to take on your 2014 tax return. Free efile of state taxes Self-employed. Free efile of state taxes If you expect to have income from self-employment, use Worksheet 2-3 to figure your expected self-employment tax and your allowable deduction for self-employment tax. Free efile of state taxes Include the amount from Worksheet 2-3 in your expected adjustments to income. Free efile of state taxes If you file a joint return and both you and your spouse have net earnings from self-employment, each of you must complete a separate worksheet. Free efile of state taxes Expected Taxable Income— Lines 2–5 Reduce your expected AGI for 2014 (line 1) by either your expected itemized deductions or your standard deduction and by your exemptions (lines 2 through 5). Free efile of state taxes Itemized deductions—line 2. Free efile of state taxes   If you expect to claim itemized deductions on your 2014 tax return, enter the estimated amount on line 2. Free efile of state taxes   Itemized deductions are the deductions that can be claimed on Schedule A (Form 1040). Free efile of state taxes    For 2014, your total itemized deductions may be reduced if your AGI is more than the amount shown next for your filing status. Free efile of state taxes 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 this amount, use Worksheet 2-5 to figure the amount to enter on line 2. Free efile of state taxes Standard deduction—line 2. Free efile of state taxes   If you expect to claim the standard deduction on your 2014 tax return, enter the amount on line 2. Free efile of state taxes Use Worksheet 2-4 to figure your standard deduction. Free efile of state taxes No standard deduction. Free efile of state taxes   The standard deduction for some individuals is zero. Free efile of state taxes Your standard deduction will be zero if you: File a separate return and your spouse itemizes deductions, Are a dual-status alien, or File a return for a period of less than 12 months because you change your accounting period. Free efile of state taxes Exemptions—line 4. Free efile of state taxes   After you have subtracted either your expected itemized deductions or your standard deduction from your expected AGI, reduce the amount remaining by $3,950 for each exemption you expect to take on your 2014 tax return. Free efile of state taxes If another person (such as your parent) can claim an exemption for you on his or her tax return, you cannot claim your own personal exemption. Free efile of state taxes This is true even if the other person will not claim your exemption or the exemption will be reduced or eliminated under the phaseout rule. Free efile of state taxes    For 2014, your deduction for personal exemption is reduced if your AGI is more than the amount shown next for your filing status. Free efile of state taxes 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 this amount, use Worksheet 2-6 to figure the amount to enter on line 4. Free efile of state taxes Expected Taxes and Credits— Lines 6–13c After you have figured your expected taxable income (line 5), follow the steps next to figure your expected taxes, credits, and total tax for 2014. Free efile of state taxes Most people will have entries for only a few of these steps. Free efile of state taxes However, you should check every step to be sure you do not overlook anything. Free efile of state taxes Step 1. Free efile of state taxes   Figure your expected income tax (line 6). Free efile of state taxes Generally, you will use the 2014 Tax Rate Schedules, later, to figure your expected income tax. Free efile of state taxes   However, see below for situations where you must use a different method to compute your estimated tax. Free efile of state taxes Tax on child's investment income. Free efile of state taxes   You must use a special method to figure tax on the income of the following children who have more than $2,000 of investment income. Free efile of state taxes Children under age 18 at the end of 2014. Free efile of state taxes The following children if their earned income is not more than half their support. Free efile of state taxes Children age 18 at the end of 2014. Free efile of state taxes Children who are full-time students over age 18 and under age 24 at the end of 2014. Free efile of state taxes See Publication 929, Tax Rules for Children and Dependents. Free efile of state taxes Although the ages and dollar amounts in the publication may be different in the 2014 revision, this reference will give you basic information for figuring the tax. Free efile of state taxes Tax on net capital gain. Free efile of state taxes   The regular income tax rates for individuals do not apply to a net capital gain. Free efile of state taxes Instead, your net capital gain is taxed at a lower maximum rate. Free efile of state taxes   The term “net capital gain” means the amount by which your net long-term capital gain for the year is more than your net short-term capital loss. Free efile of state taxes Tax on capital gain and qualified dividends. Free efile of state taxes If the amount on line 1 includes a net capital gain or qualified dividends, use Worksheet 2-7 to figure your tax. Free efile of state taxes Note. Free efile of state taxes For 2014, your capital gains and dividends rate will depend on your income. Free efile of state taxes Tax if excluding foreign earned income or excluding or deducting foreign housing. Free efile of state taxes If you expect to claim the foreign earned income exclusion or the housing exclusion or deduction on Form 2555 or Form 2555-EZ, use Worksheet 2-8 to figure your estimated tax. Free efile of state taxes Step 2. Free efile of state taxes   Total your expected taxes (line 8). Free efile of state taxes Include on line 8 the sum of the following. Free efile of state taxes Your tax on line 6. Free efile of state taxes Your expected alternative minimum tax (AMT) from Form 6251, or included on Form 1040A. Free efile of state taxes Your expected additional taxes from Form 8814, Parents' Election To Report Child's Interest and Dividends, and Form 4972, Tax on Lump-Sum Distributions. Free efile of state taxes Any recapture of education credits. Free efile of state taxes Step 3. Free efile of state taxes   Subtract your expected credits (line 9). Free efile of state taxes If you are using your 2013 return as a guide and filed Form 1040, your total credits for 2013 were shown on line 54. Free efile of state taxes If you filed Form 1040A, your total credits for 2013 were on line 34. Free efile of state taxes   If your credits on line 9 are more than your taxes on line 8, enter “-0-” on line 10 and go to Step 4. Free efile of state taxes Step 4. Free efile of state taxes   Add your expected self-employment tax (line 11). Free efile of state taxes You already should have figured your self-employment tax (see Self-employed under Expected AGI—Line 1, earlier). Free efile of state taxes Step 5. Free efile of state taxes   Add your expected other taxes (line 12). Free efile of state taxes   Other taxes include the following. Free efile of state taxes Additional tax on early distributions from: An IRA or other qualified retirement plan, A tax-sheltered annuity, or A modified endowment contract entered into after June 20, 1988. Free efile of state taxes Household employment taxes if: You will have federal income tax withheld from wages, pensions, annuities, gambling winnings, or other income, or You would be required to make estimated tax payments even if you did not include household employment taxes when figuring your estimated tax. Free efile of state taxes Amounts written on Form 1040 on the line for “other taxes” (line 60 on the 2013 Form 1040). Free efile of state taxes But, do not include recapture of a federal mortgage subsidy; tax on excess golden parachute payments; look-back interest due under section 167(g) or 460(b) of the Internal Revenue Code; excise tax on insider stock compensation from an expatriated corporation; uncollected social security and Medicare tax or RRTA tax on tips or group-term life insurance; or additional tax on advance payments of health coverage tax credit when not eligible. Free efile of state taxes Repayment of the first-time homebuyer credit. Free efile of state taxes See Form 5405. Free efile of state taxes Additional Medicare Tax. Free efile of state taxes A 0. Free efile of state taxes 9% Additional Medicare Tax applies to your combined Medicare wages and self-employment income and/or your RRTA compensation that exceeds the amount listed in the following chart, based on your filing status. Free efile of state taxes Filing Status Threshold Amount Married filing jointly $250,000 Married filing separately $125,000 Single $200,000 Head of household $200,000 Qualifying Widow(er) $200,000 Medicare wages and self-employment income are combined to determine if your income exceeds the threshold. Free efile of state taxes A self-employment loss should not be considered for purposes of this tax. Free efile of state taxes RRTA compensation should be separately compared to the threshold. Free efile of state taxes Your employer is responsible for withholding the 0. Free efile of state taxes 9% Additional Medicare Tax on Medicare wages or RRTA compensation it pays to you in excess of $200,000 in 2014. Free efile of state taxes You should consider this withholding, if applicable, in determining whether you need to make an estimated payment. Free efile of state taxes For more information on Additional Medicare Tax, go to IRS. Free efile of state taxes gov and enter “Additional Medicare Tax” in the search box. Free efile of state taxes Net Investment Income Tax (NIIT). Free efile of state taxes The NIIT is 3. Free efile of state taxes 8% of the lesser of your net investment income or the excess of your modified adjusted gross income over the amount listed in the following chart, based on your filing status. Free efile of state taxes Filing Status Threshold Amount Married filing jointly $250,000 Married filing separately $125,000 Single $200,000 Head of household $200,000 Qualifying Widow(er) $250,000 For more information on Net Investment Income Tax, go to IRS. Free efile of state taxes gov and enter “Net Investment Income Tax” in the search box. Free efile of state taxes Step 6. Free efile of state taxes   Subtract your refundable credit (line 13b). Free efile of state taxes   To figure your expected fuel tax credit, do not include fuel tax for the first three quarters of the year that you expect to have refunded to you. Free efile of state taxes   The result of steps 1 through 6 is your total estimated tax for 2014 (line 13c). Free efile of state taxes Required Annual Payment— Line 14c On lines 14a through 14c, figure the total amount you must pay for 2014, through withholding and estimated tax payments, to avoid paying a penalty. Free efile of state taxes General rule. Free efile of state taxes   The total amount you must pay is the smaller of: 90% of your total expected tax for 2014, or 100% of the total tax shown on your 2013 return. Free efile of state taxes Your 2013 tax return must cover all 12 months. Free efile of state taxes Special rules. Free efile of state taxes   There are special rules for higher income taxpayers and for farmers and fishermen. Free efile of state taxes Higher income taxpayers. Free efile of state taxes   If your AGI for 2013 was more than $150,000 ($75,000 if your filing status for 2014 is married filing separately), substitute 110% for 100% in (2) above. Free efile of state taxes This rule does not apply to farmers and fishermen. Free efile of state taxes For 2013, AGI is the amount shown on Form 1040, line 37; Form 1040A, line 21; and Form 1040EZ, line 4. Free efile of state taxes Example. Free efile of state taxes   Jeremy Martin's total tax on his 2013 return was $42,581, and his expected tax for 2014 is $71,253. Free efile of state taxes His 2013 AGI was $180,000. Free efile of state taxes Because Jeremy had more than $150,000 of AGI in 2013, he figures his required annual payment as follows. Free efile of state taxes He determines that 90% of his expected tax for 2014 is $64,128 (. Free efile of state taxes 90 × $71,253). Free efile of state taxes Next, he determines that 110% of the tax shown on his 2013 return is $46,839 (1. Free efile of state taxes 10 x $42,581). Free efile of state taxes Finally, he determines that his required annual payment is $46,839, the smaller of the two. Free efile of state taxes Farmers and fishermen. Free efile of state taxes   If at least two-thirds of your gross income for 2013 or 2014 is from farming or fishing, your required annual payment is the smaller of: 662/3% (. Free efile of state taxes 6667) of your total tax for 2014, or 100% of the total tax shown on your 2013 return. Free efile of state taxes (Your 2013 tax return must cover all 12 months. Free efile of state taxes )   For definitions of “gross income from farming” and “gross income from fishing,” see Farmers and Fishermen , under Special Rules discussed earlier. Free efile of state taxes Total tax for 2013—line 14b. Free efile of state taxes   Your 2013 total tax, if you filed Form 1040, is the amount on line 61 reduced by the following. Free efile of state taxes Unreported social security and Medicare tax or RRTA tax from Forms 4137 or 8919 (line 57). Free efile of state taxes The following amounts from Form 5329 included on line 58. Free efile of state taxes Any tax on excess contributions to IRAs, Archer MSAs, Coverdell education savings accounts, and health savings accounts. Free efile of state taxes Any tax on excess accumulations in qualified retirement plans. Free efile of state taxes The following write-ins on line 60. Free efile of state taxes Excise tax on excess golden parachute payments (identified as “EPP”). Free efile of state taxes Excise tax on insider stock compensation from an expatriated corporation (identified as “ISC”). Free efile of state taxes Look-back interest due under section 167(g) (identified as “From Form 8866”). Free efile of state taxes Look-back interest due under section 460(b) (identified as “From Form 8697”). Free efile of state taxes Recapture of federal mortgage subsidy (identified as “FMSR”). Free efile of state taxes Additional tax on advance payments of health coverage tax credit when not eligible (identified as “HCTC”). Free efile of state taxes Uncollected social security and Medicare tax or RRTA tax on tips or group-term life insurance (identified as “UT”). Free efile of state taxes Any refundable credit amounts. Free efile of state taxes   If you filed Form 1040A, your 2013 total tax is the amount on line 35 reduced by any refundable credits. Free efile of state taxes   If you filed Form 1040EZ, your 2013 total tax is the amount on line 10 reduced by the amount on line 8a. Free efile of state taxes Total Estimated Tax Payments Needed—Line 16a Use lines 15 and 16a to figure the total estimated tax you may be required to pay for 2014. Free efile of state taxes Subtract your expected withholding from your required annual payment (line 14c). Free efile of state taxes You usually must pay this difference in four equal installments. Free efile of state taxes See When To Pay Estimated Tax and How To Figure Each Payment . Free efile of state taxes You do not have to pay estimated tax if: Line 14c minus line 15 is zero or less, or Line 13c minus line 15 is less than $1,000. Free efile of state taxes Withholding—line 15. Free efile of state taxes   Your expected withholding for 2014 (line 15) includes the income tax you expect to be withheld from all sources (wages, pensions and annuities, etc. Free efile of state taxes ). Free efile of state taxes It includes excess social security, and tier 1 railroad retirement tax you expect to be withheld from your wages and compensation. Free efile of state taxes For this purpose, you will have excess social security or tier 1 railroad retirement tax withholding for 2014 only if your wages and compensation from two or more employers are more than $117,000. Free efile of state taxes See Excess Social Security or Railroad Retirement Tax Withholding in chapter 3. Free efile of state taxes   It also includes Additional Medicare Tax you expect to be withheld from your wages or compensation. Free efile of state taxes Your employer is responsible for withholding the 0. Free efile of state taxes 9% Additional Medicare Tax on Medicare wages or RRTA compensation it pays to you in excess of $200,000. Free efile of state taxes When To Pay Estimated Tax For estimated tax purposes, the year is divided into four payment periods. Free efile of state taxes Each period has a specific payment due date. Free efile of state taxes If you do not pay enough tax by the due date of each of the payment periods, you may be charged a penalty even if you are due a refund when you file your income tax return. Free efile of state taxes If a payment is mailed, the date of the U. Free efile of state taxes S. Free efile of state taxes postmark is considered the date of payment. Free efile of state taxes The payment periods and due dates for estimated tax payments are shown next. Free efile of state taxes For exceptions to the dates listed, see Saturday, Sunday, holiday rule below. Free efile of state taxes For the period: Due date: Jan. Free efile of state taxes 11 – March 31 April 15 April 1 – May 31 June 16 June 1 – August 31 September 15 Sept. Free efile of state taxes 1 – Dec. Free efile of state taxes 31 January 15  next year2 1If your tax year does not begin on January 1,  see Fiscal year taxpayers . Free efile of state taxes 2See January payment . Free efile of state taxes Saturday, Sunday, holiday rule. Free efile of state taxes   If the due date for an estimated tax payment falls on a Saturday, Sunday, or legal holiday, the payment will be on time if you make it on the next day that is not a Saturday, Sunday, or a holiday. Free efile of state taxes January payment. Free efile of state taxes   If you file your 2014 Form 1040 or Form 1040A by February 2, 2015, and pay the rest of the tax you owe, you do not need to make the payment due on January 15, 2015. Free efile of state taxes Example. Free efile of state taxes Janet Adams does not pay any estimated tax for 2014. Free efile of state taxes She files her 2014 income tax return and pays the balance due shown on her return on January 26, 2015. Free efile of state taxes Janet's estimated tax for the fourth payment period is considered to have been paid on time. Free efile of state taxes However, she may owe a penalty for not making the first three estimated tax payments, if required. Free efile of state taxes Any penalty for not making those payments will be figured up to January 26, 2015. Free efile of state taxes Fiscal year taxpayers. Free efile of state taxes   If your tax year does not start on January 1, your payment due dates are: The 15th day of the 4th month of your fiscal year, The 15th day of the 6th month of your fiscal year, The 15th day of the 9th month of your fiscal year, and The 15th day of the 1st month after the end of your fiscal year. Free efile of state taxes   You do not have to make the last payment listed above if you file your income tax return by the last day of the first month after the end of your fiscal year and pay all the tax you owe with your return. Free efile of state taxes When To Start You do not have to make estimated tax payments until you have income on which you will owe income tax. Free efile of state taxes If you have income subject to estimated tax during the first payment period, you must make your first payment by the due date for the first payment period. Free efile of state taxes You have several options when paying estimated taxes. Free efile of state taxes You can: apply an overpayment from the previous tax year, pay all your estimated tax by the due date of your first payment, or pay it in installments. Free efile of state taxes If you choose to pay in installments, make your first payment by the due date for the first payment period. Free efile of state taxes Make your remaining installment payments by the due dates for the later periods. Free efile of state taxes To avoid any estimated tax penalties, all installments must be paid by their due date and for the required amount. Free efile of state taxes No income subject to estimated tax during first period. Free efile of state taxes   If you do not have income subject to estimated tax until a later payment period, you must make your first payment by the due date for that period. Free efile of state taxes You can pay your entire estimated tax by the due date for that period or you can pay it in installments by the due date for that period and the due dates for the remaining periods. Free efile of state taxes Table 2-1 shows the dates for making installment payments. Free efile of state taxes    Table 2-1. Free efile of state taxes Due Dates for Estimated Tax Installment Payments If you first have income on which you must pay estimated tax: Make a payment  by:* Make later  installments  by:* Before April 1 April 15 June 16     Sept. Free efile of state taxes 15     Jan. Free efile of state taxes 15 next year April 1–May 31 June 16 Sept. Free efile of state taxes 15     Jan. Free efile of state taxes 15 next year June 1–Aug. Free efile of state taxes 31 Sept. Free efile of state taxes 15 Jan. Free efile of state taxes 15 next year After Aug. Free efile of state taxes 31 Jan. Free efile of state taxes 15 next year (None) *See January payment and Saturday, Sunday, holiday rule . Free efile of state taxes How much to pay to avoid penalty. Free efile of state taxes   To determine how much you should pay by each payment due date, see How To Figure Each Payment , later. Free efile of state taxes Farmers and Fishermen If at least two-thirds of your gross income for 2013 or 2014 is from farming or fishing, you have only one payment due date for your 2014 estimated tax, January 15, 2015. Free efile of state taxes The due dates for the first three payment periods, discussed under When To Pay Estimated Tax , earlier, do not apply to you. Free efile of state taxes If you file your 2014 Form 1040 by March 2, 2015, and pay all the tax you owe at that time, you do not need to make an estimated tax payment. Free efile of state taxes Fiscal year farmers and fishermen. Free efile of state taxes   If you are a farmer or fisherman, but your tax year does not start on January 1, you can either: Pay all your estimated tax by the 15th day after the end of your tax year, or File your return and pay all the tax you owe by the 1st day of the 3rd month after the end of your tax year. Free efile of state taxes How To Figure Each Payment After you have figured your total estimated tax, figure how much you must pay by the due date of each payment period. Free efile of state taxes You should pay enough by each due date to avoid a penalty for that period. Free efile of state taxes If you do not pay enough during any payment period, you may be charged a penalty even if you are due a refund when you file your tax return. Free efile of state taxes The penalty is discussed in chapter 4. Free efile of state taxes Regular Installment Method If your first estimated tax payment is due April 15, 2014, you can figure your required payment for each period by dividing your annual estimated tax due (line 16a of the 2014 Estimated Tax Worksheet (Worksheet 2-1)) by 4. Free efile of state taxes Enter this amount on line 17. Free efile of state taxes However, use this method only if your income is basically the same throughout the year. Free efile of state taxes Change in estimated tax. Free efile of state taxes   After you make an estimated tax payment, changes in your income, adjustments, deductions, credits, or exemptions may make it necessary for you to refigure your estimated tax. Free efile of state taxes Pay the unpaid balance of your amended estimated tax by the next payment due date after the change or in installments by that date and the due dates for the remaining payment periods. Free efile of state taxes If you do not receive your income evenly throughout the year, your required estimated tax payments may not be the same for each period. Free efile of state taxes See Annualized Income Installment Method . Free efile of state taxes Amended estimated tax. Free efile of state taxes If you refigure your estimated tax during the year, or if your first estimated tax payment is due after April 15, 2014, figure your required payment for each remaining payment period using Worksheet 2-14. Free efile of state taxes Example. Free efile of state taxes Early in 2014, Mira Roberts figures that her estimated tax due is $1,800. Free efile of state taxes She makes estimated tax payments on April 15 and June 16 of $450 each ($1,800 ÷ 4). Free efile of state taxes On July 10, she sells investment property at a gain. Free efile of state taxes Her refigured estimated tax is $4,100. Free efile of state taxes Her required estimated tax payment for the third payment period is $2,175, as shown in her filled-in Worksheet 2-14. Free efile of state taxes If Mira's estimated tax does not change again, her required estimated tax payment for the fourth payment period will be $1,025. Free efile of state taxes Worksheet 2-14. Free efile of state taxes Amended Estimated Tax Worksheet—Illustrated               1. Free efile of state taxes Amended total estimated tax due 1. Free efile of state taxes $4,100 2. Free efile of state taxes Multiply line 1 by:           50% (. Free efile of state taxes 50) if next payment is due June 16, 2014           75% (. Free efile of state taxes 75) if next payment is due September 15,  2014           100% (1. Free efile of state taxes 00) if next payment is due January 15,  2015 2. Free efile of state taxes 3,075     3. Free efile of state taxes Estimated tax payments for all previous periods 3. Free efile of state taxes 900     4. Free efile of state taxes Next required payment: Subtract line 3 from line 2 and enter the result (but not less than zero) here and on your payment voucher for your next required payment 4. Free efile of state taxes $2,175       Note. Free efile of state taxes If the payment on line 4 is due January 15, 2015, stop here. Free efile of state taxes Otherwise, go to line 5. Free efile of state taxes         5. Free efile of state taxes Add lines 3 and 4 5. Free efile of state taxes 3,075 6. Free efile of state taxes Subtract line 5 from line 1 and enter the result (but not less than zero) 6. Free efile of state taxes 1,025 7. Free efile of state taxes Each following required payment: If the payment on line 4 is due June 16, 2014, enter one-half of the amount on line 6 here and on the payment vouchers for your payments due September 15, 2014, and January 15, 2015. Free efile of state taxes If the amount on line 4 is due September 15, 2014, enter the amount from line 6 here and on the payment voucher for your payment due January 15, 2015 7. Free efile of state taxes $1,025 Worksheet 2-14. Free efile of state taxes Amended Estimated Tax Worksheet—Blank               1. Free efile of state taxes Amended total estimated tax due 1. Free efile of state taxes   2. Free efile of state taxes Multiply line 1 by:           50% (. Free efile of state taxes 50) if next payment is due June 16, 2014           75% (. Free efile of state taxes 75) if next payment is due September 15,  2014           100% (1. Free efile of state taxes 00) if next payment is due January 15,  2015 2. Free efile of state taxes       3. Free efile of state taxes Estimated tax payments for all previous periods 3. Free efile of state taxes       4. Free efile of state taxes Next required payment: Subtract line 3 from line 2 and enter the result (but not less than zero) here and on your payment voucher for your next required payment 4. Free efile of state taxes         Note. Free efile of state taxes If the payment on line 4 is due January 15, 2015, stop here. Free efile of state taxes Otherwise, go to line 5. Free efile of state taxes         5. Free efile of state taxes Add lines 3 and 4 5. Free efile of state taxes   6. Free efile of state taxes Subtract line 5 from line 1 and enter the result (but not less than zero) 6. Free efile of state taxes   7. Free efile of state taxes Each following required payment: If the payment on line 4 is due June 16, 2014, enter one-half of the amount on line 6 here and on the payment vouchers for your payments due September 15, 2014, and January 15, 2015. Free efile of state taxes If the amount on line 4 is due September 15, 2014, enter the amount from line 6 here and on the payment voucher for your payment due January 15, 2015 7. Free efile of state taxes   Underpayment penalty. Free efile of state taxes   The penalty is figured separately for each payment period. Free efile of state taxes If you figure your payments using the regular installment method and later refigure your payments because of an increase in income, you may be charged a penalty for underpayment of estimated tax for the period(s) before you changed your payments. Free efile of state taxes To see how you may be able to avoid or reduce this penalty, see Annualized Income Installment Method (Schedule AI) in chapter 4. Free efile of state taxes Annualized Income Installment Method If you do not receive your income evenly throughout the year (for example, your income from a repair shop you operate is much larger in the summer than it is during the rest of the year), your required estimated tax payment for one or more periods may be less than the amount figured using the regular installment method. Free efile of state taxes The annualized income installment method annualizes your tax at the end of each period based on a reasonable estimate of your income, deductions, and other items relating to events that occurred from the beginning of the tax year through the end of the period. Free efile of state taxes To see whether you can pay less for any period, complete the 2014 Annualized Estimated Tax Worksheet (Worksheet 2-9). Free efile of state taxes You first must complete the 2014 Estimated Tax Worksheet (Worksheet 2-1) through line 16b. Free efile of state taxes Use the result you figure on line 32 of Worksheet 2-9 to make your estimated tax payments and complete your payment vouchers. Free efile of state taxes Note. Free efile of state taxes If you use the annualized income installment method to figure your estimated tax payments, you must file Form 2210 with your 2014 tax return. Free efile of state taxes See Annualized Income Installment Method (Schedule AI) in chapter 4 for more information. Free efile of state taxes Instructions for the 2014 Annualized Estimated Tax Worksheet (Worksheet 2-9) Use Worksheet 2-9 to help you follow these instructions. Free efile of state taxes The purpose of this worksheet is to determine your estimated tax liability as your income accumulates throughout the year, rather than dividing your entire year's estimated tax liability by four as if your income was earned equally throughout the year. Free efile of state taxes The top of the worksheet shows the dates for each payment period. Free efile of state taxes The periods build; that is, each period includes all previous periods. Free efile of state taxes After the end of each payment period, complete the corresponding worksheet column to figure the payment due for that period. Free efile of state taxes Line 1. Free efile of state taxes   Enter your AGI for the period. Free efile of state taxes This is your gross income for the period, including your share of partnership or S corporation income or loss, minus your adjustments to income for that period. Free efile of state taxes See Expected AGI—Line 1 , earlier. Free efile of state taxes Self-employment income. Free efile of state taxes   If you had self-employment income, first complete Section B of this worksheet. Free efile of state taxes Use the amounts on line 43 when figuring your expected AGI to enter in each column of Section A, line 1. Free efile of state taxes Line 4. Free efile of state taxes   Be sure to consider all deduction limits figured on Schedule A (Form 1040), such as reducing your medical expenses by 10% (7. Free efile of state taxes 5% if either you or your spouse was born before January 2, 1950) or reducing certain miscellaneous deductions by 2% of your AGI. Free efile of state taxes Figure your deduction limits using your expected AGI in the corresponding column of line 1 (2014 Annualized Estimated Tax Worksheet (Worksheet 2-9)). Free efile of state taxes Line 6. Free efile of state taxes   Multiply line 4 by line 5 and enter the result on line 6 unless line 3 is more than $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. Free efile of state taxes In that case, use Worksheet 2-10 to figure the amount to enter on line 6. Free efile of state taxes Complete Worksheet 2–10 for each period, as necessary. Free efile of state taxes Line 7. Free efile of state taxes   If you will not itemize your deductions, use Worksheet 2-4 to figure your standard deduction. Free efile of state taxes Line 10. Free efile of state taxes   Multiply $3,950 by your total expected exemptions and enter the result on line 10 unless line 3 is more than $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. Free efile of state taxes   In that case, use Worksheet 2-11 to figure the amount to enter on line 10. Free efile of state taxes Line 12. Free efile of state taxes   Generally, you will use the Tax Rate Schedules to figure the tax on your annualized income. Free efile of state taxes However, see below for situations where you must use a different method to compute your estimated tax. Free efile of state taxes Tax on child's investment income. Free efile of state taxes   You must use a special method to figure tax on the income of the following children who have more than $2,000 of investment income. Free efile of state taxes Children under age 18 at the end of 2014. Free efile of state taxes The following children if their earned income is not more than half their support. Free efile of state taxes Children age 18 at the end of 2014. Free efile of state taxes Children who are full-time students over age 18 and under age 24 at the end of 2014. Free efile of state taxes See Publication 929. Free efile of state taxes Tax on net capital gain. Free efile of state taxes   The regular income tax rates for individuals do not apply to a net capital gain. Free efile of state taxes Instead, your net capital gain is taxed at a lower maximum rate. Free efile of state taxes   The term “net capital gain” means the amount by which your net long-term capital gain for the year is more than your net short-term capital loss. Free efile of state taxes Tax on qualified dividends and capital gains. Free efile of state taxes   For 2014, your capital gain and dividends rate will depend on your income. Free efile of state taxes Tax on capital gain or qualified dividends. Free efile of state taxes If the amount on line 1 includes a net capital gain or qualified dividends, use Worksheet 2-12 to figure the amount to enter on line 12. Free efile of state taxes Tax if excluding foreign earned income or excluding or deducting foreign housing. Free efile of state taxes If you expect to claim the foreign earned income exclusion or the housing exclusion or deduction on Form 2555 or Form 2555-EZ, use Worksheet 2-13 to figure the amount to enter on line 12. Free efile of state taxes Line 13. Free efile of state taxes   If you file Form 1040, add the tax from Forms 8814, 4972, and 6251 for the period. Free efile of state taxes If you file Form 1040A, add the amount from the Alternative Minimum Tax Worksheet found in the instructions. Free efile of state taxes Also include any recapture of an education credit for each period. Free efile of state taxes You may owe this tax if you claimed an education credit in an earlier year and you received either tax-free educational assistance or a refund of qualifying expenses for the same student after filing your 2013 return. Free efile of state taxes   Use the 2013 forms or worksheets to see if you will owe any of the taxes discussed above. Free efile of state taxes Figure the tax based on your income and deductions during the period shown in the column headings. Free efile of state taxes Multiply this amount by the annualization amounts shown for each column on line 2 of the 2014 Annualized Estimated Tax Worksheet (Worksheet 2-9). Free efile of state taxes Enter the result on line 13 of this worksheet. Free efile of state taxes Line 15. Free efile of state taxes   Include all the nonrefundable credits you expect to claim because of events that will occur during the period. Free efile of state taxes Note. Free efile of state taxes When figuring your credits for each period, annualize any item of income or deduction to figure each credit. Free efile of state taxes For example, if you need to use your AGI to figure a credit, use line 3 of Worksheet 2-9 to figure the credit for each column. Free efile of state taxes Line 18. Free efile of state taxes   Add your expected other taxes. Free efile of state taxes   Other taxes include the following. Free efile of state taxes Additional tax on early distributions from: An IRA or other qualified retirement plan, A tax-sheltered annuity, or A modified endowment contract entered into after June 20, 1988. Free efile of state taxes Household employment taxes if: You will have federal income tax withheld from wages, pensions, annuities, gambling winnings, or other income, or You would be required to make estimated tax payments even if you did not include household employment taxes when figuring your estimated tax. Free efile of state taxes Amounts on Form 1040 written on the line for “other taxes” (line 60 on the 2013 Form 1040). Free efile of state taxes But do not include recapture of a federal mortgage subsidy; tax on excess golden parachute payments; look-back interest due under section 167(g) or 460(b) of the Internal Revenue Code; excise tax on insider stock compensation from an expatriated corporation; uncollected social security, Medicare, or RRTA tax on tips or group-term life insurance; or additional tax on advance payments of health coverage tax credit when not eligible. Free efile of state taxes Repayment of the first-time homebuyer credit if the home will cease to be your main home in 2014. Free efile of state taxes See Form 5405 for exceptions. Free efile of state taxes Additional Medicare Tax. Free efile of state taxes A 0. Free efile of state taxes 9% Additional Medicare Tax applies to your combined Medicare wages and self-employment income and/or your RRTA compensation that exceeds the amount listed in the following chart, based on your filing status. Free efile of state taxes Filing Status Threshold Amount Married filing jointly $250,000 Married filing separately $125,000 Single $200,000 Head of household $200,000 Qualifying Widow(er) $200,000 Medicare wages and self-employment income are combined to determine if your income exceeds the threshold. Free efile of state taxes A self-employment loss should not be considered for purposes of this tax. Free efile of state taxes RRTA compensation should be separately compared to the threshold. Free efile of state taxes Your employer is responsible for withholding the 0. Free efile of state taxes 9% Additional Medicare Tax on Medicare wages or RRTA compensation it pays you in excess of $200,000 in 2014. Free efile of state taxes You should consider this withholding, if applicable, in determining whether you need to make an estimated payment. Free efile of state taxes For more information on Additional Medicare Tax, go to IRS. Free efile of state taxes gov and enter “Additional Medicare Tax” in the search box. Free efile of state taxes Net Investment Income Tax (NIIT). Free efile of state taxes The NIIT is 3. Free efile of state taxes 8% of the lesser of your net investment income or the excess of your modified adjusted gross income over a specified threshold amount. Free efile of state taxes Threshold amounts: Filing Status Threshold Amount Married filing jointly $250,000 Married filing separately $125,000 Single $200,000 Head of household $200,000 Qualifying Widow(er) $250,000 For more information on Net Investment Income Tax, go to IRS. Free efile of state taxes gov and enter “Net Investment Income Tax” in the search box. Free efile of state taxes Line 20. Free efile of state taxes   Include all the refundable credits (other than withholding credits) you can claim because of events that occurred during the period. Free efile of state taxes Note. Free efile of state taxes When figuring your refundable credits for each period, annualize any item of income or deduction used to figure each credit. Free efile of state taxes Line 29. Free efile of state taxes   If line 28 is smaller than line 25 and you are not certain of the estimate of your 2014 tax, you can avoid a penalty by entering the amount from line 25 on line 29. Free efile of state taxes Line 31. Free efile of state taxes   For each period, include estimated tax payments made and any excess social security and railroad retirement tax. Free efile of state taxes   Also include estimated federal income tax withholding. Free efile of state taxes One-fourth of your estimated withholding is considered withheld on the due date of each payment period. Free efile of state taxes To figure the amount to include on line 31 for each period, multiply your total expected withholding for 2014 by: 25% (. Free efile of state taxes 25) for the first period, 50% (. Free efile of state taxes 50) for the second period, 75% (. Free efile of state taxes 75) for the third period, and 100% (1. Free efile of state taxes 00) for the fourth period. Free efile of state taxes   However, you may choose to include your withholding according to the actual dates on which the amounts will be withheld. Free efile of state taxes For each period, include withholding made from the beginning of the period up to and including the payment due date. Free efile of state taxes You can make this choice separately for the taxes withheld from your wages and all other withholding. Free efile of state taxes For an explanation of what to include in withholding, see Total Estimated Tax Payments Needed—Line 16a , earlier. Free efile of state taxes Nonresident aliens. Free efile of state taxes   If you will file Form 1040NR and you do not receive wages as an employee subject to U. Free efile of state taxes S. Free efile of state taxes income tax withholding, the instructions for the worksheet are modified as follows. Free efile of state taxes Skip column (a). Free efile of state taxes On line 1, enter your income for the period that is effectively connected with a U. Free efile of state taxes S. Free efile of state taxes trade or business. Free efile of state taxes On line 21, increase your entry by the amount determined by multiplying your income for the period that is not effectively connected with a U. Free efile of state taxes S. Free efile of state taxes trade or business by the following. Free efile of state taxes 72% for column (b). Free efile of state taxes 45% for column (c). Free efile of state taxes 30% for column (d). Free efile of state taxes However, if you can use a treaty rate lower than 30%, use the percentages determined by multiplying your treaty rate by 2. Free efile of state taxes 4, 1. Free efile of state taxes 5, and 1, respectively. Free efile of state taxes On line 26, enter one-half of the amount from line 16c of the Form 1040-ES (NR) 2014 Estimated Tax Worksheet in column (b), and one-fourth in columns (c) and (d) of Worksheet 2-9. Free efile of state taxes On lines 24 and 27, skip column (b). Free efile of state taxes On line 31, if you do not use the actual withholding method, include one-half of your total expected withholding in column (b) and one-fourth in columns (c) and (d). Free efile of state taxes See Publication 519 for more information. Free efile of state taxes Estimated Tax Payments Not Required You do not have to pay estimated tax if your withholding in each payment period is at least as much as: One-fourth of your required annual payment, or Your required annualized income installment for that period. Free efile of state taxes You also do not have to pay estimated tax if you will pay enough through withholding to keep the amount you will owe with your return under $1,000. Free efile of state taxes How To Pay Estimated Tax There are several ways to pay estimated tax. Free efile of state taxes Credit an overpayment on your 2013 return to your 2014 estimated tax. Free efile of state taxes Pay by direct transfer from your bank account, or pay by credit or debit card using a pay-by-phone system or the Internet. Free efile of state taxes Send in your payment (check or money order) with a payment voucher from Form 1040-ES. Free efile of state taxes Credit an Overpayment If you show an overpayment of tax after completing your Form 1040 or Form 1040A for 2013, you can apply part or all of it to your estimated tax for 2014. Free efile of state taxes On Form 1040, or Form 1040A, enter the amount you want credited to your estimated tax rather than refunded. Free efile of state taxes Take the amount you have credited into account when figuring your estimated tax payments. Free efile of state taxes If you timely file your 2013 return, treat the credit as a payment made on April 15, 2014. Free efile of state taxes If you are a beneficiary of an estate or trust, and the trustee elects to credit 2014 trust payments of estimated tax to you, you can treat the amount credited as paid by you on January 15, 2015. Free efile of state taxes If you choose to have an overpayment of tax credited to your estimated tax, you cannot have any of that amount refunded to you until you file your tax return for the following year. Free efile of state taxes You also cannot use that overpayment in any other way. Free efile of state taxes Example. Free efile of state taxes When Kathleen finished filling out her 2013 tax return, she saw that she had overpaid her taxes by $750. Free efile of state taxes Kathleen knew she would owe additional tax in 2014. Free efile of state taxes She credited $600 of the overpayment to her 2014 estimated tax and had the remaining $150 refunded to her. Free efile of state taxes In September, she amended her 2013 return by filing Form 1040X, Amended U. Free efile of state taxes S. Free efile of state taxes Individual Income Tax Return. Free efile of state taxes It turned out that she owed $250 more in tax than she had thought. Free efile of state taxes This reduced her 2013 overpayment from $750 to $500. Free efile of state taxes Because the $750 had already been applied to her 2014 estimated tax or refunded to her, the IRS billed her for the additional $250 she owed, plus penalties and interest. Free efile of state taxes Kathleen could not use any of the $600 she had credited to her 2014 estimated tax to pay this bill. Free efile of state taxes Pay Online Paying online is convenient and secure and helps make sure we get your payments on time. Free efile of state taxes You can make your estimated tax payments online when you e-file or at any time during the year. Free efile of state taxes You can pay using either of the following electronic payment methods. Free efile of state taxes Direct transfer from your bank account. Free efile of state taxes Credit or debit card. Free efile of state taxes To pay your taxes online or for more information, go to www. Free efile of state taxes irs. Free efile of state taxes gov/e-pay. Free efile of state taxes Pay by Phone Paying by phone is another safe and secure method of paying electronically. Free efile of state taxes Use one of the following methods. Free efile of state taxes Direct transfer from your bank account. Free efile of state taxes Credit or debit card. Free efile of state taxes To pay by direct transfer from your bank account, call EFTPS Customer Service at 1-800-555-4477 (English), 1-800-244-4829 (Espanol), or TTY/TDD 1-800-733-4829. Free efile of state taxes To pay using a credit or debit card, you can call one of the following service providers. Free efile of state taxes There is a convenience fee charged by these providers that varies by provider, card type, and payment amount. Free efile of state taxes WorldPay 1-888-9-PAY-TAXTM (1-888-972-9829) www. Free efile of state taxes payUSAtax. Free efile of state taxes com Official Payments Corporation 1-888-UPAY-TAXTM (1-888-872-9829) www. Free efile of state taxes officialpayments. Free efile of state taxes com Link2GOV Corporation 1-888-PAY-1040TM (1-888-729-1040) www. Free efile of state taxes PAY1040. Free efile of state taxes com For the latest details on how to pay by phone, go to www. Free efile of state taxes irs. Free efile of state taxes gov/e-pay. Free efile of state taxes Pay by Check or Money Order Using the Estimated Tax Payment Voucher Each payment of estimated tax by check or money order must be accompanied by a payment voucher from Form 1040-ES. Free efile of state taxes If you use your own envelopes (and not the window envelope that comes with the 1040-ES package), make sure you mail your payment vouchers to the address shown in the Form 1040-ES instructions for the place where you live. Free efile of state taxes Do not use the address shown in the Form 1040 or Form 1040A instructions. Free efile of state taxes If you did not pay estimated tax last year, get a copy of Form 1040-ES from the IRS (see chapter 5). Free efile of state taxes Follow the instructions to make sure you use the vouchers correctly. Free efile of state taxes Joint estimated tax payments. Free efile of state taxes    If you file a joint return and are making joint estimated tax payments, enter the names and social security numbers on the payment voucher in the same order as they will appear on the joint return. Free efile of state taxes Change of address. Free efile of state taxes    You must notify the IRS if you are making estimated tax payments and you changed your address during the year. Free efile of state taxes Complete Form 8822, Change of Address, and mail it to the address shown in the instructions for that form. Free efile of state taxes Worksheets for Chapter 2 Use the following worksheets and tables to figure your correct estimated tax. Free efile of state taxes IF you need. Free efile of state taxes . Free efile of state taxes . Free efile of state taxes THEN use. Free efile of state taxes . Free efile of state taxes . Free efile of state taxes 2014 Tax Rate Schedules   the 2014 Estimated Tax Worksheet Worksheet 2-1 to estimate your taxable social security and railroad retirement benefits—line 1 of ES Worksheet (or Annualized ES Worksheet (Worksheet 2-9)) Worksheet 2-2 to estimate your self-employment (SE) tax and your deduction for SE tax—lines 1 and 11 of ES Worksheet (lines 1 and 17 of Annualized ES Worksheet (Worksheet 2-9)) Worksheet 2-3 to estimate your standard deduction—line 2 of ES Worksheet (line 7 of Annualized ES Worksheet (Worksheet 2-9)) Worksheet 2-4 to reduce your itemized deductions because your estimated AGI is more than $152,525—line 2 of ES Worksheet Worksheet 2-5 to reduce your exemption amount because your estimated AGI is more than $152,525—line 4 of ES Worksheet Worksheet 2-6 to estimate your income tax if line 1 of your ES Worksheet includes a net capital gain or qualified dividends—line 6 of ES Worksheet Worksheet 2-7 to estimate your income tax if you expect to claim a foreign earned income exclusion or foreign housing exclusion or deduction on Form 2555 or Form 2555-EZ—line 6 of ES Worksheet Worksheet 2-8 the 2014 Annualized Estimated Tax Worksheet (Annualized ES Worksheet) Worksheet 2-9 to reduce your itemized deductions because your estimated annualized AGI is more than $152,525—line 6 of Annualized ES Worksheet Worksheet 2-10 to reduce your exemption amount because your estimated annualized AGI is more than $152,525—line 10 of Annualized ES Worksheet Worksheet 2-11 to estimate your income tax if line 1 of your Annualized ES Worksheet includes a net capital gain or qualified dividends—line 12 of Annualized ES Worksheet Worksheet 2-12 to estimate your income tax if you expect to claim a foreign earned income exclusion or foreign housing exclusion or deduction on Form 2555 or Form 2555-EZ—line 12 of Annualized ES Worksheet Worksheet 2-13 to refigure (amend) your estimated tax during the year Worksheet 2-14 2014 Tax Rate Schedules Do not use these Tax Rate Schedules to figure your 2013 taxes. Free efile of state taxes Use them only to figure your 2014 estimated taxes. Free efile of state taxes Schedule X—Use if your 2014 filing status is  Single Schedule Z—Use if your 2014 filing status is Head of household If line 5 is: The tax is:     If line 5 is: The tax is:     Over— But not  over—         of the  amount  over— Over— But not  over—         of the  amount  over— $0 $9,075     10. Free efile of state taxes 0%   $0 $0 $12,950     10. Free efile of state taxes 0%   $0 9,075 36,900 $907. Free efile of state taxes 50 + 15. Free efile of state taxes 0%   9,075 12,950 49,400 $1,295. Free efile of state taxes 00 + 15. Free efile of state taxes 0%   12,950 36,900 89,350 5,081. Free efile of state taxes 25 + 25. Free efile of state taxes 0%   36,900 49,400 127,550 6,762. Free efile of state taxes 50 + 25. Free efile of state taxes 0%   49,400 89,350 186,350 18,193. Free efile of state taxes 75 + 28. Free efile of state taxes 0%   89,350 127,550 206,600 26,300. Free efile of state taxes 00 + 28. Free efile of state taxes 0%   127,550 186,350 405,100 45,353. Free efile of state taxes 75 + 33. Free efile of state taxes 0%   186,350 206,600 405,100 48,434. Free efile of state taxes 00 + 33. Free efile of state taxes 0%   206,600 405,100 406,750 117,541. Free efile of state taxes 25 + 35. Free efile of state taxes 0%   405,100 405,100 432,200 113,939. Free efile of state taxes 00 + 35. Free efile of state taxes 0%   405,100 406,750 - - - - - - 118,118. Free efile of state taxes 75 + 39. Free efile of state taxes 6%   406,750 432,200 - - - - - - 123,424. Free efile of state taxes 00 + 39. Free efile of state taxes 6%   432,200 Schedule Y-1—Use if your 2014 filing status is Married filing jointly or Qualifying widow(er) Schedule Y-2—Use if your 2014 filing status is  Married filing separately If line 5 is: The tax is:     If line 5 is: The tax is:     Over— But not  over—         of the  amount  over— Over— But not  over—         of the  amount  over— $0 $18,150     10. Free efile of state taxes 0%   $0 $0 $9,075     10. Free efile of state taxes 0%   $0 18,150 73,800 $1,815. Free efile of state taxes 00 + 15. Free efile of state taxes 0%   18,150 9,075 36,900 $907. Free efile of state taxes 50 + 15. Free efile of state taxes 0%   9,075 73,800 148,850 10,162. Free efile of state taxes 50 + 25. Free efile of state taxes 0%   73,800 36,900 74,425 5,081. Free efile of state taxes 25 + 25. Free efile of state taxes 0%   36,900 148,850 226,850 28,925. Free efile of state taxes 00 + 28. Free efile of state taxes 0%   148,850 74,425 113,425 14,462. Free efile of state taxes 50 + 28. Free efile of state taxes 0%   74,425 226,850 405,100 50,765. Free efile of state taxes 00 + 33. Free efile of state taxes 0%   226,850 113,425 202,550 25,382. Free efile of state taxes 50 + 33. Free efile of state taxes 0%   113,425 405,100 457,600 109,587. Free efile of state taxes 50 + 35. Free efile of state taxes 0%   405,100 202,550 228,800 54,793. Free efile of state taxes 75 + 35. Free efile of state taxes 0%   202,550 457,600 - - - - - - 127,962. Free efile of state taxes 50 + 39. Free efile of state taxes 6%   457,600 228,800 - - - - - - 63,981. Free efile of state taxes 25 + 39. Free efile of state taxes 6%   228,800                             Worksheet 2-1. Free efile of state taxes 2014 Estimated Tax Worksheet When this worksheet refers you to instructions, you can find those instructions in the Instructions for 2014 Form 1040-ES. Free efile of state taxes 1 Adjusted gross income you expect in 2014 (see instructions) 1     2 If you plan to itemize deductions, enter the estimated total of your itemized deductions. Free efile of state taxes  Caution: If line 1 is over $152,525, your deduction may be reduced. Free efile of state taxes See Worksheet 2-5. Free efile of state taxes If you do not plan to itemize deductions, enter your standard deduction. Free efile of state taxes 2     3 Subtract line 2 from line 1 3     4 Exemptions. Free efile of state taxes Multiply $3,950 by the number of personal exemptions. Free efile of state taxes  Caution: If line 1 is over $152,525, the amount of your personal exemptions may be limited. Free efile of state taxes See Worksheet 2-6. Free efile of state taxes 4     5 Subtract line 4 from line 3 5     6 Tax. Free efile of state taxes Figure your tax on the amount on line 5 by using the 2014 Tax Rate Schedules Caution: If you will have qualified dividends or a net capital gain, or expect to exclude or deduct foreign earned income or housing, see Worksheets 2-7 and 2-8 to figure the tax 6     7 Alternative minimum tax from Form 6251 or included on Form 1040A, line 28 7     8 Add lines 6 and 7. Free efile of state taxes Add to this amount any other taxes you expect to include in the total on Form 1040, line 44 8     9 Credits (see instructions). Free efile of state taxes Do not include any income tax withholding on this line 9     10 Subtract line 9 from line 8. Free efile of state taxes If zero or less, enter -0- 10     11 Self-employment tax (see instructions) 11     12 Other taxes including, if applicable, Additional Medicare Tax and/or NIIT (see instructions) 12     13a Add lines 10 through 12 13a     b Earned income credit, additional child tax credit, fuel tax credit, and refundable American opportunity credit 13b     c Total 2014 estimated tax. Free efile of state taxes Subtract line 13b from line 13a. Free efile of state taxes If zero or less, enter -0- ▶ 13c     14a Multiply line 13c by 90% (662/3% for farmers and fishermen) 14a           b Required annual payment based on prior year's tax (see instructions) 14b           c Required annual payment to avoid a penalty. Free efile of state taxes Enter the smaller of line 14a or 14b ▶ 14c        Caution: Generally, if you do not prepay (through income tax withholding and estimated tax payments) at least the amount on line 14c, you may owe a penalty for not paying enough estimated tax. Free efile of state taxes To avoid a penalty, make sure your estimate on line 13c is as accurate as possible. Free efile of state taxes Even if you pay the required annual payment, you may still owe tax when you file your return. Free efile of state taxes If you prefer, you can pay the amount shown on line 13c. Free efile of state taxes                         15 Income tax withheld and estimated to be withheld during 2014 (including income tax withholding on pensions, annuities, certain deferred income, etc. Free efile of state taxes ) 15     16a Subtract line 15 from line 14c 16a             Is the result zero or less? □ Yes. Free efile of state taxes Stop here. Free efile of state taxes You are not required to make estimated tax payments. Free efile of state taxes  □ No. Free efile of state taxes Go to line 16b. Free efile of state taxes             b Subtract line 15 from line 13c 16b             Is the result less than $1,000? □ Yes. Free efile of state taxes Stop here. Free efile of state taxes You are not required to make estimated tax payments. Free efile of state taxes  □ No. Free efile of state taxes Go to line 17 to figure your required payment. Free efile of state taxes                         17 If the first payment you are required to make is due April 15, 2014, enter ¼ of line 16a (minus any 2013 overpayment that you are applying to this installment) here, and on your estimated tax payment voucher(s) if you are paying by check or money order 17     Worksheet 2-2. Free efile of state taxes 2014 Estimated Tax Worksheet—Line 1 Estimated Taxable Social Security and Railroad Retirement Benefits Note. Free efile of state taxes If you are using this worksheet to estimate your taxable social security or railroad retirement benefits for Worksheet 2-9, 2014 Annualized Estimated Tax Worksheet, multiply the expected amount of benefits for each period by the annualization amount shown on Worksheet 2-9, line 2, for the same period before entering it on line 1 below. Free efile of state taxes     1. Free efile of state taxes Enter your expected social security and railroad retirement benefits 1. Free efile of state taxes   2. Free efile of state taxes Enter one-half of line 1 2. Free efile of state taxes   3. Free efile of state taxes Enter your expected total income. Free efile of state taxes Do not include any social security and railroad retirement benefits, nontaxable interest income, nontaxable IRA distributions, or nontaxable pension distributions 3. Free efile of state taxes   4. Free efile of state taxes Enter your expected nontaxable interest income 4. Free efile of state taxes   5. Free efile of state taxes Enter (as a positive amount) the total of any expected exclusions or deductions for: U. Free efile of state taxes S. Free efile of state taxes savings bond interest used for higher education expenses (Form 8815) Employer-provided adoption benefits (Form 8839) Foreign earned income or housing (Form 2555 or 2555-EZ) Income by bona fide residents of American Samoa (Form 4563) or Puerto Rico 5. Free efile of state taxes   6. Free efile of state taxes Add lines 2, 3, 4, and 5 6. Free efile of state taxes   7. Free efile of state taxes Enter your expected adjustments to income. Free efile of state taxes Do not include any student loan interest deduction 7. Free efile of state taxes   8. Free efile of state taxes Subtract line 7 from line 6. Free efile of state taxes If zero or less, stop here. Free efile of state taxes  Note. Free efile of state taxes Do not include any social security or railroad retirement benefits in the amount on line 1 of your 2014 Estimated Tax Worksheet (Worksheet 2-1) (or Annualized Estimated Tax Worksheet (Worksheet 2-9)) 8. Free efile of state taxes   9. Free efile of state taxes Enter $25,000 ($32,000 if you expect to file married filing jointly; $0 if you expect to file married filing separately and expect to live with your spouse at any time during the year) 9. Free efile of state taxes   10. Free efile of state taxes Subtract line 9 from line 8. Free efile of state taxes If zero or less, stop here. Free efile of state taxes  Note. Free efile of state taxes Do not include any social security or railroad retirement benefits in the amount on line 1 of your Worksheet 2-1 (or Annualized Estimated Tax Worksheet (Worksheet 2-9)) 10. Free efile of state taxes   11. Free efile of state taxes Enter $9,000 ($12,000 if you expect to file married filing jointly; $0 if you expect to file married filing separately and expect to live with your spouse at any time during the year) 11. Free efile of state taxes   12. Free efile of state taxes Subtract line 11 from line 10. Free efile of state taxes If zero or less, enter -0- 12. Free efile of state taxes   13. Free efile of state taxes Enter the smaller of line 10 or line 11 13. Free efile of state taxes   14. Free efile of state taxes Enter one-half of line 13 14. Free efile of state taxes   15