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Free state taxes online 4. Free state taxes online   Foreign Earned Income and Housing: Exclusion – Deduction Table of Contents Topics - This chapter discusses: Useful Items - You may want to see: Who Qualifies for the Exclusions and the Deduction? RequirementsTax Home in Foreign Country Bona Fide Residence Test Physical Presence Test Waiver of Time Requirements U. Free state taxes online S. Free state taxes online Travel Restrictions Foreign Earned Income Foreign Earned Income ExclusionLimit on Excludable Amount Choosing the Exclusion Foreign Housing Exclusion and DeductionHousing Amount Foreign Housing Exclusion Foreign Housing Deduction Married Couples Form 2555 and Form 2555-EZForm 2555-EZ Form 2555 Topics - This chapter discusses: Who qualifies for the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, The requirements that must be met to claim either exclusion or the deduction, How to figure the foreign earned income exclusion, and How to figure the foreign housing exclusion and the foreign housing deduction. Free state taxes online Useful Items - You may want to see: Publication 519 U. Free state taxes online S. Free state taxes online Tax Guide for Aliens 570 Tax Guide for Individuals With Income from U. Free state taxes online S. Free state taxes online Possessions 596 Earned Income Credit (EIC) Form (and Instructions) 1040X Amended U. Free state taxes online S. Free state taxes online Individual Income Tax Return 2555 Foreign Earned Income 2555-EZ Foreign Earned Income Exclusion See chapter 7 for information about getting these publications and forms. Free state taxes online Who Qualifies for the Exclusions and the Deduction? If you meet certain requirements, you may qualify for the foreign earned income and foreign housing exclusions and the foreign housing deduction. Free state taxes online If you are a U. Free state taxes online S. Free state taxes online citizen or a resident alien of the United States and you live abroad, you are taxed on your worldwide income. Free state taxes online However, you may qualify to exclude from income up to $97,600 of your foreign earnings. Free state taxes online In addition, you can exclude or deduct certain foreign housing amounts. Free state taxes online See Foreign Earned Income Exclusion and Foreign Housing Exclusion and Deduction, later. Free state taxes online You also may be entitled to exclude from income the value of meals and lodging provided to you by your employer. Free state taxes online See Exclusion of Meals and Lodging, later. Free state taxes online Requirements To claim the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction, you must meet all three of the following requirements. Free state taxes online Your tax home must be in a foreign country. Free state taxes online You must have foreign earned income. Free state taxes online You must be one of the following. Free state taxes online A U. Free state taxes online S. Free state taxes online citizen who is a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. Free state taxes online A U. Free state taxes online S. Free state taxes online resident alien who is a citizen or national of a country with which the United States has an income tax treaty in effect and who is a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. Free state taxes online A U. Free state taxes online S. Free state taxes online citizen or a U. Free state taxes online S. Free state taxes online resident alien who is physically present in a foreign country or countries for at least 330 full days during any period of 12 consecutive months. Free state taxes online See Publication 519 to find out if you are a U. Free state taxes online S. Free state taxes online resident alien for tax purposes and whether you keep that alien status when you temporarily work abroad. Free state taxes online If you are a nonresident alien married to a U. Free state taxes online S. Free state taxes online citizen or resident alien, and both you and your spouse choose to treat you as a resident alien, you are a resident alien for tax purposes. Free state taxes online For information on making the choice, see the discussion in chapter 1 under Nonresident Alien Spouse Treated as a Resident . Free state taxes online Waiver of minimum time requirements. Free state taxes online   The minimum time requirements for bona fide residence and physical presence can be waived if you must leave a foreign country because of war, civil unrest, or similar adverse conditions in that country. Free state taxes online This is fully explained under Waiver of Time Requirements , later. Free state taxes online   See Figure 4-A and information in this chapter to determine if you are eligible to claim either exclusion or the deduction. Free state taxes online Tax Home in Foreign Country To qualify for the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction, your tax home must be in a foreign country throughout your period of bona fide residence or physical presence abroad. Free state taxes online Bona fide residence and physical presence are explained later. Free state taxes online Tax Home Your tax home is the general area of your main place of business, employment, or post of duty, regardless of where you maintain your family home. Free state taxes online Your tax home is the place where you are permanently or indefinitely engaged to work as an employee or self-employed individual. Free state taxes online Having a “tax home” in a given location does not necessarily mean that the given location is your residence or domicile for tax purposes. Free state taxes online If you do not have a regular or main place of business because of the nature of your work, your tax home may be the place where you regularly live. Free state taxes online If you have neither a regular or main place of business nor a place where you regularly live, you are considered an itinerant and your tax home is wherever you work. Free state taxes online You are not considered to have a tax home in a foreign country for any period in which your abode is in the United States. Free state taxes online However, your abode is not necessarily in the United States while you are temporarily in the United States. Free state taxes online Your abode is also not necessarily in the United States merely because you maintain a dwelling in the United States, whether or not your spouse or dependents use the dwelling. Free state taxes online “Abode” has been variously defined as one's home, habitation, residence, domicile, or place of dwelling. Free state taxes online It does not mean your principal place of business. Free state taxes online “Abode” has a domestic rather than a vocational meaning and does not mean the same as “tax home. Free state taxes online ” The location of your abode often will depend on where you maintain your economic, family, and personal ties. Free state taxes online Example 1. Free state taxes online You are employed on an offshore oil rig in the territorial waters of a foreign country and work a 28-day on/28-day off schedule. Free state taxes online You return to your family residence in the United States during your off periods. Free state taxes online You are considered to have an abode in the United States and do not satisfy the tax home test in the foreign country. Free state taxes online You cannot claim either of the exclusions or the housing deduction. Free state taxes online Example 2. Free state taxes online For several years, you were a marketing executive with a producer of machine tools in Toledo, Ohio. Free state taxes online In November of last year, your employer transferred you to London, England, for a minimum of 18 months to set up a sales operation for Europe. Free state taxes online Before you left, you distributed business cards showing your business and home addresses in London. Free state taxes online You kept ownership of your home in Toledo but rented it to another family. Free state taxes online You placed your car in storage. Free state taxes online In November of last year, you moved your spouse, children, furniture, and family pets to a home your employer rented for you in London. Free state taxes online Shortly after moving, you leased a car and you and your spouse got British driving licenses. Free state taxes online Your entire family got library cards for the local public library. Free state taxes online You and your spouse opened bank accounts with a London bank and secured consumer credit. Free state taxes online You joined a local business league and both you and your spouse became active in the neighborhood civic association and worked with a local charity. Free state taxes online Your abode is in London for the time you live there. Free state taxes online You satisfy the tax home test in the foreign country. Free state taxes online Please click here for the text description of the image. Free state taxes online Figure 4–A Can I Claim the Exclusion or Deduction? Temporary or Indefinite Assignment The location of your tax home often depends on whether your assignment is temporary or indefinite. Free state taxes online If you are temporarily absent from your tax home in the United States on business, you may be able to deduct your away-from-home expenses (for travel, meals, and lodging), but you would not qualify for the foreign earned income exclusion. Free state taxes online If your new work assignment is for an indefinite period, your new place of employment becomes your tax home and you would not be able to deduct any of the related expenses that you have in the general area of this new work assignment. Free state taxes online If your new tax home is in a foreign country and you meet the other requirements, your earnings may qualify for the foreign earned income exclusion. Free state taxes online If you expect your employment away from home in a single location to last, and it does last, for 1 year or less, it is temporary unless facts and circumstances indicate otherwise. Free state taxes online If you expect it to last for more than 1 year, it is indefinite. Free state taxes online If you expect it to last for 1 year or less, but at some later date you expect it to last longer than 1 year, it is temporary (in the absence of facts and circumstances indicating otherwise) until your expectation changes. Free state taxes online Once your expectation changes, it is indefinite. Free state taxes online Foreign Country To meet the bona fide residence test or the physical presence test, you must live in or be present in a foreign country. Free state taxes online A foreign country includes any territory under the sovereignty of a government other than that of the United States. Free state taxes online The term “foreign country” includes the country's airspace and territorial waters, but not international waters and the airspace above them. Free state taxes online It also includes the seabed and subsoil of those submarine areas adjacent to the country's territorial waters over which it has exclusive rights under international law to explore and exploit the natural resources. Free state taxes online The term “foreign country” does not include Antarctica or U. Free state taxes online S. Free state taxes online possessions such as Puerto Rico, Guam, the Commonwealth of the Northern Mariana Islands, the U. Free state taxes online S. Free state taxes online Virgin Islands, and Johnston Island. Free state taxes online For purposes of the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, the terms “foreign,” “abroad,” and “overseas” refer to areas outside the United States and those areas listed or described in the previous sentence. Free state taxes online American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands Residence or presence in a U. Free state taxes online S. Free state taxes online possession does not qualify you for the foreign earned income exclusion. Free state taxes online You may, however, qualify for an exclusion of your possession income on your U. Free state taxes online S. Free state taxes online return. Free state taxes online American Samoa. Free state taxes online   There is a possession exclusion available to individuals who are bona fide residents of American Samoa for the entire tax year. Free state taxes online Gross income from sources within American Samoa may be eligible for this exclusion. Free state taxes online Income that is effectively connected with the conduct of a trade or business within American Samoa also may be eligible for this exclusion. Free state taxes online Use Form 4563, Exclusion of Income for Bona Fide Residents of American Samoa, to figure the exclusion. Free state taxes online Guam and the Commonwealth of the Northern Mariana Islands. Free state taxes online   An exclusion will be available to residents of Guam and the Commonwealth of the Northern Mariana Islands if, and when, new implementation agreements take effect between the United States and those possessions. Free state taxes online   For more information, see Publication 570. Free state taxes online Puerto Rico and U. Free state taxes online S. Free state taxes online Virgin Islands Residents of Puerto Rico and the U. Free state taxes online S. Free state taxes online Virgin Islands cannot claim the foreign earned income exclusion or the foreign housing exclusion. Free state taxes online Puerto Rico. Free state taxes online   Generally, if you are a U. Free state taxes online S. Free state taxes online citizen who is a bona fide resident of Puerto Rico for the entire tax year, you are not subject to U. Free state taxes online S. Free state taxes online tax on income from Puerto Rican sources. Free state taxes online This does not include amounts paid for services performed as an employee of the United States. Free state taxes online However, you are subject to U. Free state taxes online S. Free state taxes online tax on your income from sources outside Puerto Rico. Free state taxes online In figuring your U. Free state taxes online S. Free state taxes online tax, you cannot deduct expenses allocable to income not subject to tax. Free state taxes online Bona Fide Residence Test You meet the bona fide residence test if you are a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. Free state taxes online You can use the bona fide residence test to qualify for the exclusions and the deduction only if you are either: A U. Free state taxes online S. Free state taxes online citizen, or A U. Free state taxes online S. Free state taxes online resident alien who is a citizen or national of a country with which the United States has an income tax treaty in effect. Free state taxes online You do not automatically acquire bona fide resident status merely by living in a foreign country or countries for 1 year. Free state taxes online If you go to a foreign country to work on a particular job for a specified period of time, you ordinarily will not be regarded as a bona fide resident of that country even though you work there for 1 tax year or longer. Free state taxes online The length of your stay and the nature of your job are only two of the factors to be considered in determining whether you meet the bona fide residence test. Free state taxes online Bona fide residence. Free state taxes online   To meet the bona fide residence test, you must have established a bona fide residence in a foreign country. Free state taxes online   Your bona fide residence is not necessarily the same as your domicile. Free state taxes online Your domicile is your permanent home, the place to which you always return or intend to return. Free state taxes online Example. Free state taxes online You could have your domicile in Cleveland, Ohio, and a bona fide residence in Edinburgh, Scotland, if you intend to return eventually to Cleveland. Free state taxes online The fact that you go to Scotland does not automatically make Scotland your bona fide residence. Free state taxes online If you go there as a tourist, or on a short business trip, and return to the United States, you have not established bona fide residence in Scotland. Free state taxes online But if you go to Scotland to work for an indefinite or extended period and you set up permanent quarters there for yourself and your family, you probably have established a bona fide residence in a foreign country, even though you intend to return eventually to the United States. Free state taxes online You are clearly not a resident of Scotland in the first instance. Free state taxes online However, in the second, you are a resident because your stay in Scotland appears to be permanent. Free state taxes online If your residency is not as clearly defined as either of these illustrations, it may be more difficult to decide whether you have established a bona fide residence. Free state taxes online Determination. Free state taxes online   Questions of bona fide residence are determined according to each individual case, taking into account factors such as your intention, the purpose of your trip, and the nature and length of your stay abroad. Free state taxes online   To meet the bona fide residence test, you must show the Internal Revenue Service (IRS) that you have been a bona fide resident of a foreign country or countries for an uninterrupted period that includes an entire tax year. Free state taxes online The IRS decides whether you are a bona fide resident of a foreign country largely on the basis of facts you report on Form 2555. Free state taxes online IRS cannot make this determination until you file Form 2555. Free state taxes online Statement to foreign authorities. Free state taxes online   You are not considered a bona fide resident of a foreign country if you make a statement to the authorities of that country that you are not a resident of that country, and the authorities: Hold that you are not subject to their income tax laws as a resident, or Have not made a final decision on your status. Free state taxes online Special agreements and treaties. Free state taxes online   An income tax exemption provided in a treaty or other international agreement will not in itself prevent you from being a bona fide resident of a foreign country. Free state taxes online Whether a treaty prevents you from becoming a bona fide resident of a foreign country is determined under all provisions of the treaty, including specific provisions relating to residence or privileges and immunities. Free state taxes online Example 1. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen employed in the United Kingdom by a U. Free state taxes online S. Free state taxes online employer under contract with the U. Free state taxes online S. Free state taxes online Armed Forces. Free state taxes online You are not subject to the North Atlantic Treaty Status of Forces Agreement. Free state taxes online You may be a bona fide resident of the United Kingdom. Free state taxes online Example 2. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen in the United Kingdom who qualifies as an “employee” of an armed service or as a member of a “civilian component” under the North Atlantic Treaty Status of Forces Agreement. Free state taxes online You are not a bona fide resident of the United Kingdom. Free state taxes online Example 3. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen employed in Japan by a U. Free state taxes online S. Free state taxes online employer under contract with the U. Free state taxes online S. Free state taxes online Armed Forces. Free state taxes online You are subject to the agreement of the Treaty of Mutual Cooperation and Security between the United States and Japan. Free state taxes online Being subject to the agreement does not make you a bona fide resident of Japan. Free state taxes online Example 4. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen employed as an “official” by the United Nations in Switzerland. Free state taxes online You are exempt from Swiss taxation on the salary or wages paid to you by the United Nations. Free state taxes online This does not prevent you from being a bona fide resident of Switzerland. Free state taxes online Effect of voting by absentee ballot. Free state taxes online   If you are a U. Free state taxes online S. Free state taxes online citizen living abroad, you can vote by absentee ballot in any election held in the United States without risking your status as a bona fide resident of a foreign country. Free state taxes online   However, if you give information to the local election officials about the nature and length of your stay abroad that does not match the information you give for the bona fide residence test, the information given in connection with absentee voting will be considered in determining your status, but will not necessarily be conclusive. Free state taxes online Uninterrupted period including entire tax year. Free state taxes online   To meet the bona fide residence test, you must reside in a foreign country or countries for an uninterrupted period that includes an entire tax year. Free state taxes online An entire tax year is from January 1 through December 31 for taxpayers who file their income tax returns on a calendar year basis. Free state taxes online   During the period of bona fide residence in a foreign country, you can leave the country for brief or temporary trips back to the United States or elsewhere for vacation or business. Free state taxes online To keep your status as a bona fide resident of a foreign country, you must have a clear intention of returning from such trips, without unreasonable delay, to your foreign residence or to a new bona fide residence in another foreign country. Free state taxes online Example 1. Free state taxes online You arrived with your family in Lisbon, Portugal, on November 1, 2011. Free state taxes online Your assignment is indefinite, and you intend to live there with your family until your company sends you to a new post. Free state taxes online You immediately established residence there. Free state taxes online You spent April of 2012 at a business conference in the United States. Free state taxes online Your family stayed in Lisbon. Free state taxes online Immediately following the conference, you returned to Lisbon and continued living there. Free state taxes online On January 1, 2013, you completed an uninterrupted period of residence for a full tax year (2012), and you meet the bona fide residence test. Free state taxes online Example 2. Free state taxes online Assume the same facts as in Example 1, except that you transferred back to the United States on December 13, 2012. Free state taxes online You would not meet the bona fide residence test because your bona fide residence in the foreign country, although it lasted more than a year, did not include a full tax year. Free state taxes online You may, however, qualify for the foreign earned income exclusion or the housing exclusion or deduction under the physical presence test (discussed later). Free state taxes online Bona fide resident for part of a year. Free state taxes online   Once you have established bona fide residence in a foreign country for an uninterrupted period that includes an entire tax year, you are a bona fide resident of that country for the period starting with the date you actually began the residence and ending with the date you abandon the foreign residence. Free state taxes online Your period of bona fide residence can include an entire tax year plus parts of 2 other tax years. Free state taxes online Example. Free state taxes online You were a bona fide resident of Singapore from March 1, 2011, through September 14, 2013. Free state taxes online On September 15, 2013, you returned to the United States. Free state taxes online Since you were a bona fide resident of a foreign country for all of 2012, you were also a bona fide resident of a foreign country from March 1, 2011, through the end of 2011 and from January 1, 2013, through September 14, 2013. Free state taxes online Reassignment. Free state taxes online   If you are assigned from one foreign post to another, you may or may not have a break in foreign residence between your assignments, depending on the circumstances. Free state taxes online Example 1. Free state taxes online You were a resident of Pakistan from October 1, 2012, through November 30, 2013. Free state taxes online On December 1, 2013, you and your family returned to the United States to wait for an assignment to another foreign country. Free state taxes online Your household goods also were returned to the United States. Free state taxes online Your foreign residence ended on November 30, 2013, and did not begin again until after you were assigned to another foreign country and physically entered that country. Free state taxes online Since you were not a bona fide resident of a foreign country for the entire tax year of 2012 or 2013 you do not meet the bona fide residence test in either year. Free state taxes online You may, however, qualify for the foreign earned income exclusion or the housing exclusion or deduction under the physical presence test, discussed later. Free state taxes online Example 2. Free state taxes online Assume the same facts as in Example 1, except that upon completion of your assignment in Pakistan you were given a new assignment to Turkey. Free state taxes online On December 1, 2013, you and your family returned to the United States for a month's vacation. Free state taxes online On January 2, 2014, you arrived in Turkey for your new assignment. Free state taxes online Because you did not interrupt your bona fide residence abroad, you meet the bona fide residence test. Free state taxes online Physical Presence Test You meet the physical presence test if you are physically present in a foreign country or countries 330 full days during a period of 12 consecutive months. Free state taxes online The 330 days do not have to be consecutive. Free state taxes online Any U. Free state taxes online S. Free state taxes online citizen or resident alien can use the physical presence test to qualify for the exclusions and the deduction. Free state taxes online The physical presence test is based only on how long you stay in a foreign country or countries. Free state taxes online This test does not depend on the kind of residence you establish, your intentions about returning, or the nature and purpose of your stay abroad. Free state taxes online 330 full days. Free state taxes online   Generally, to meet the physical presence test, you must be physically present in a foreign country or countries for at least 330 full days during a 12-month period. Free state taxes online You can count days you spent abroad for any reason. Free state taxes online You do not have to be in a foreign country only for employment purposes. Free state taxes online You can be on vacation. Free state taxes online   You do not meet the physical presence test if illness, family problems, a vacation, or your employer's orders cause you to be present for less than the required amount of time. Free state taxes online Exception. Free state taxes online   You can be physically present in a foreign country or countries for less than 330 full days and still meet the physical presence test if you are required to leave a country because of war or civil unrest. Free state taxes online See Waiver of Time Requirements, later. Free state taxes online Full day. Free state taxes online   A full day is a period of 24 consecutive hours, beginning at midnight. Free state taxes online Travel. Free state taxes online    When you leave the United States to go directly to a foreign country or when you return directly to the United States from a foreign country, the time you spend on or over international waters does not count toward the 330-day total. Free state taxes online Example. Free state taxes online You leave the United States for France by air on June 10. Free state taxes online You arrive in France at 9:00 a. Free state taxes online m. Free state taxes online on June 11. Free state taxes online Your first full day of physical presence in France is June 12. Free state taxes online Passing over foreign country. Free state taxes online   If, in traveling from the United States to a foreign country, you pass over a foreign country before midnight of the day you leave, the first day you can count toward the 330-day total is the day following the day you leave the United States. Free state taxes online Example. Free state taxes online You leave the United States by air at 9:30 a. Free state taxes online m. Free state taxes online on June 10 to travel to Kenya. Free state taxes online You pass over western Africa at 11:00 p. Free state taxes online m. Free state taxes online on June 10 and arrive in Kenya at 12:30 a. Free state taxes online m. Free state taxes online on June 11. Free state taxes online Your first full day in a foreign country is June 11. Free state taxes online Change of location. Free state taxes online   You can move about from one place to another in a foreign country or to another foreign country without losing full days. Free state taxes online If any part of your travel is not within any foreign country and takes less than 24 hours, you are considered to be in a foreign country during that part of travel. Free state taxes online Example 1. Free state taxes online You leave Ireland by air at 11:00 p. Free state taxes online m. Free state taxes online on July 6 and arrive in Sweden at 5:00 a. Free state taxes online m. Free state taxes online on July 7. Free state taxes online Your trip takes less than 24 hours and you lose no full days. Free state taxes online Example 2. Free state taxes online You leave Norway by ship at 10:00 p. Free state taxes online m. Free state taxes online on July 6 and arrive in Portugal at 6:00 a. Free state taxes online m. Free state taxes online on July 8. Free state taxes online Since your travel is not within a foreign country or countries and the trip takes more than 24 hours, you lose as full days July 6, 7, and 8. Free state taxes online If you remain in Portugal, your next full day in a foreign country is July 9. Free state taxes online In United States while in transit. Free state taxes online   If you are in transit between two points outside the United States and are physically present in the United States for less than 24 hours, you are not treated as present in the United States during the transit. Free state taxes online You are treated as traveling over areas not within any foreign country. Free state taxes online    Please click here for the text description of the image. Free state taxes online Figure 4-B How to figure the 12-month period. Free state taxes online   There are four rules you should know when figuring the 12-month period. Free state taxes online Your 12-month period can begin with any day of the month. Free state taxes online It ends the day before the same calendar day, 12 months later. Free state taxes online Your 12-month period must be made up of consecutive months. Free state taxes online Any 12-month period can be used if the 330 days in a foreign country fall within that period. Free state taxes online You do not have to begin your 12-month period with your first full day in a foreign country or end it with the day you leave. Free state taxes online You can choose the 12-month period that gives you the greatest exclusion. Free state taxes online In determining whether the 12-month period falls within a longer stay in the foreign country, 12-month periods can overlap one another. Free state taxes online Example 1. Free state taxes online You are a construction worker who works on and off in a foreign country over a 20-month period. Free state taxes online You might pick up the 330 full days in a 12-month period only during the middle months of the time you work in the foreign country because the first few and last few months of the 20-month period are broken up by long visits to the United States. Free state taxes online Example 2. Free state taxes online You work in New Zealand for a 20-month period from January 1, 2012, through August 31, 2013, except that you spend 28 days in February 2012 and 28 days in February 2013 on vacation in the United States. Free state taxes online You are present in New Zealand for at least 330 full days during each of the following two 12-month periods: January 1, 2012 – December 31, 2012 and September 1, 2012 – August 31, 2013. Free state taxes online By overlapping the 12-month periods in this way, you meet the physical presence test for the whole 20-month period. Free state taxes online See Figure 4-B, on the previous page. Free state taxes online Waiver of Time Requirements Both the bona fide residence test and the physical presence test contain minimum time requirements. Free state taxes online The minimum time requirements can be waived, however, if you must leave a foreign country because of war, civil unrest, or similar adverse conditions in that country. Free state taxes online You must be able to show that you reasonably could have expected to meet the minimum time requirements if not for the adverse conditions. Free state taxes online To qualify for the waiver, you must actually have your tax home in the foreign country and be a bona fide resident of, or be physically present in, the foreign country on or before the beginning date of the waiver. Free state taxes online Early in 2014, the IRS will publish in the Internal Revenue Bulletin a list of the only countries that qualify for the waiver for 2013 and the effective dates. Free state taxes online If you left one of the countries on or after the date listed for each country, you can meet the bona fide residence test or physical presence test for 2013 without meeting the minimum time requirement. Free state taxes online However, in figuring your exclusion, the number of your qualifying days of bona fide residence or physical presence includes only days of actual residence or presence within the country. Free state taxes online U. Free state taxes online S. Free state taxes online Travel Restrictions If you are present in a foreign country in violation of U. Free state taxes online S. Free state taxes online law, you will not be treated as a bona fide resident of a foreign country or as physically present in a foreign country while you are in violation of the law. Free state taxes online Income that you earn from sources within such a country for services performed during a period of violation does not qualify as foreign earned income. Free state taxes online Your housing expenses within that country (or outside that country for housing your spouse or dependents) while you are in violation of the law cannot be included in figuring your foreign housing amount. Free state taxes online For 2013, the only country to which travel restrictions applied was Cuba. Free state taxes online The restrictions applied for the entire year. Free state taxes online However, individuals working at the U. Free state taxes online S. Free state taxes online Naval Base at Guantanamo Bay in Cuba are not in violation of U. Free state taxes online S. Free state taxes online law. Free state taxes online Personal service income earned by individuals at the base is eligible for the foreign earned income exclusion provided the other requirements are met. Free state taxes online Foreign Earned Income To claim the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction, you must have foreign earned income. Free state taxes online Foreign earned income generally is income you receive for services you perform during a period in which you meet both of the following requirements. Free state taxes online Your tax home is in a foreign country. Free state taxes online You meet either the bona fide residence test or the physical presence test. Free state taxes online To determine whether your tax home is in a foreign country, see Tax Home in Foreign Country, earlier. Free state taxes online To determine whether you meet either the bona fide residence test or the physical presence test, see Bona Fide Residence Test and Physical Presence Test, earlier. Free state taxes online Foreign earned income does not include the following amounts. Free state taxes online The value of meals and lodging that you exclude from your income because the meals and lodging were furnished for the convenience of your employer. Free state taxes online Pension or annuity payments you receive, including social security benefits (see Pensions and annuities, later). Free state taxes online Pay you receive as an employee of the U. Free state taxes online S. Free state taxes online Government. Free state taxes online (See U. Free state taxes online S. Free state taxes online Government Employees, later. Free state taxes online ) Amounts you include in your income because of your employer's contributions to a nonexempt employee trust or to a nonqualified annuity contract. Free state taxes online Any unallowable moving expense deduction that you choose to recapture as explained under Moving Expense Attributable to Foreign Earnings in 2 Years in chapter 5. Free state taxes online Payments you receive after the end of the tax year following the tax year in which you performed the services that earned the income. Free state taxes online Earned income. Free state taxes online   This is pay for personal services performed, such as wages, salaries, or professional fees. Free state taxes online The list that follows classifies many types of income into three categories. Free state taxes online The column headed Variable Income lists income that may fall into either the earned income category, the unearned income category, or partly into both. Free state taxes online For more information on earned and unearned income, see Earned and Unearned Income, later. Free state taxes online Earned Income Unearned Income Variable Income Salaries and wages Dividends Business profits Commissions Interest Royalties Bonuses Capital gains Rents Professional fees Gambling winnings Scholarships and fellowships Tips Alimony     Social security benefits     Pensions     Annuities     In addition to the types of earned income listed, certain noncash income and allowances or reimbursements are considered earned income. Free state taxes online Noncash income. Free state taxes online   The fair market value of property or facilities provided to you by your employer in the form of lodging, meals, or use of a car is earned income. Free state taxes online Allowances or reimbursements. Free state taxes online   Earned income includes allowances or reimbursements you receive, such as the following amounts. Free state taxes online    Cost-of-living allowances. Free state taxes online Overseas differential. Free state taxes online Family allowance. Free state taxes online Reimbursement for education or education allowance. Free state taxes online Home leave allowance. Free state taxes online Quarters allowance. Free state taxes online Reimbursement for moving or moving allowance (unless excluded from income as discussed later in Reimbursement of employee expenses under Earned and Unearned Income). Free state taxes online Source of Earned Income The source of your earned income is the place where you perform the services for which you received the income. Free state taxes online Foreign earned income is income you receive for working in a foreign country. Free state taxes online Where or how you are paid has no effect on the source of the income. Free state taxes online For example, income you receive for work done in Austria is income from a foreign source even if the income is paid directly to your bank account in the United States and your employer is located in New York City. Free state taxes online Example. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen, a bona fide resident of Canada, and working as a mining engineer. Free state taxes online Your salary is $76,800 per year. Free state taxes online You also receive a $6,000 cost-of-living allowance, and a $6,000 education allowance. Free state taxes online Your employment contract did not indicate that you were entitled to these allowances only while outside the United States. Free state taxes online Your total income is $88,800. Free state taxes online You work a 5-day week, Monday through Friday. Free state taxes online After subtracting your vacation, you have a total of 240 workdays in the year. Free state taxes online You worked in the United States during the year for 6 weeks (30 workdays). Free state taxes online The following shows how to figure the part of your income that is for work done in Canada during the year. Free state taxes online   Number of days worked in Canada during the year (210) × Total income ($88,800) = $77,700     Number of days of work during the year for which payment was made (240)   Your foreign source earned income is $77,700. Free state taxes online Earned and Unearned Income Earned income was defined earlier as pay for personal services performed. Free state taxes online Some types of income are not easily identified as earned or unearned income. Free state taxes online Some of these types of income are further explained here. Free state taxes online Income from a sole proprietorship or partnership. Free state taxes online   Income from a business in which capital investment is an important part of producing the income may be unearned income. Free state taxes online If you are a sole proprietor or partner and your personal services are also an important part of producing the income, the part of the income that represents the value of your personal services will be treated as earned income. Free state taxes online Capital a factor. Free state taxes online   If capital investment is an important part of producing income, no more than 30% of your share of the net profits of the business is earned income. Free state taxes online   If you have no net profits, the part of your gross profit that represents a reasonable allowance for personal services actually performed is considered earned income. Free state taxes online Because you do not have a net profit, the 30% limit does not apply. Free state taxes online Example 1. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen and meet the bona fide residence test. Free state taxes online You invest in a partnership based in Cameroon that is engaged solely in selling merchandise outside the United States. Free state taxes online You perform no services for the partnership. Free state taxes online At the end of the tax year, your share of the net profits is $80,000. Free state taxes online The entire $80,000 is unearned income. Free state taxes online Example 2. Free state taxes online Assume that in Example 1 you spend time operating the business. Free state taxes online Your share of the net profits is $80,000; 30% of your share of the profits is $24,000. Free state taxes online If the value of your services for the year is $15,000, your earned income is limited to the value of your services, $15,000. Free state taxes online Capital not a factor. Free state taxes online   If capital is not an income-producing factor and personal services produce the business income, the 30% rule does not apply. Free state taxes online The entire amount of business income is earned income. Free state taxes online Example. Free state taxes online You and Lou Green are management consultants and operate as equal partners in performing services outside the United States. Free state taxes online Because capital is not an income- producing factor, all the income from the partnership is considered earned income. Free state taxes online Income from a corporation. Free state taxes online   The salary you receive from a corporation is earned income only if it represents a reasonable allowance as compensation for work you do for the corporation. Free state taxes online Any amount over what is considered a reasonable salary is unearned income. Free state taxes online Example 1. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen and an officer and stockholder of a corporation in Honduras. Free state taxes online You perform no work or service of any kind for the corporation. Free state taxes online During the tax year you receive a $10,000 “salary” from the corporation. Free state taxes online The $10,000 clearly is not for personal services and is unearned income. Free state taxes online Example 2. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen and work full time as secretary-treasurer of your corporation. Free state taxes online During the tax year you receive $100,000 as salary from the corporation. Free state taxes online If $80,000 is a reasonable allowance as pay for the work you did, then $80,000 is earned income. Free state taxes online Stock options. Free state taxes online   You may have earned income if you disposed of stock that you got by exercising a stock option granted to you under an employee stock purchase plan. Free state taxes online   If your gain on the disposition of stock you got by exercising an option is treated as capital gain, your gain is unearned income. Free state taxes online   However, if you disposed of the stock less than 2 years after you were granted the option or less than 1 year after you got the stock, part of the gain on the disposition may be earned income. Free state taxes online It is considered received in the year you disposed of the stock and earned in the year you performed the services for which you were granted the option. Free state taxes online Any part of the earned income that is due to work you did outside the United States is foreign earned income. Free state taxes online   See Publication 525, Taxable and Nontaxable Income, for a discussion of the treatment of stock options. Free state taxes online Pensions and annuities. Free state taxes online    For purposes of the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, amounts received as pensions or annuities are unearned income. Free state taxes online Royalties. Free state taxes online   Royalties from the leasing of oil and mineral lands and patents generally are a form of rent or dividends and are unearned income. Free state taxes online   Royalties received by a writer are earned income if they are received: For the transfer of property rights of the writer in the writer's product, or Under a contract to write a book or series of articles. Free state taxes online Rental income. Free state taxes online   Generally, rental income is unearned income. Free state taxes online If you perform personal services in connection with the production of rent, up to 30% of your net rental income can be considered earned income. Free state taxes online Example. Free state taxes online Larry Smith, a U. Free state taxes online S. Free state taxes online citizen living in Australia, owns and operates a rooming house in Sydney. Free state taxes online If he is operating the rooming house as a business that requires capital and personal services, he can consider up to 30% of net rental income as earned income. Free state taxes online On the other hand, if he just owns the rooming house and performs no personal services connected with its operation, except perhaps making minor repairs and collecting rents, none of his net income from the house is considered earned income. Free state taxes online It is all unearned income. Free state taxes online Professional fees. Free state taxes online   If you are engaged in a professional occupation (such as a doctor or lawyer), all fees received in the performance of these services are earned income. Free state taxes online Income of an artist. Free state taxes online   Income you receive from the sale of paintings you created is earned income. Free state taxes online Scholarships and fellowships. Free state taxes online   Any portion of a scholarship or fellowship grant that is paid to you for teaching, research or other services is considered earned income if you must include it in your gross income. Free state taxes online If the payer of the grant is required to provide you with a Form W-2, Wage and Tax Statement, these amounts will be listed as wages. Free state taxes online    Certain scholarship and fellowship income may be exempt under other provisions. Free state taxes online See Publication 970, Tax Benefits for Education, chapter 1. Free state taxes online Use of employer's property or facilities. Free state taxes online   If you receive fringe benefits in the form of the right to use your employer's property or facilities, the fair market value of that right is earned income. Free state taxes online Fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being required to buy or sell, and both having reasonable knowledge of all the necessary facts. Free state taxes online Example. Free state taxes online You are privately employed and live in Japan all year. Free state taxes online You are paid a salary of $6,000 a month. Free state taxes online You live rent-free in a house provided by your employer that has a fair rental value of $3,000 a month. Free state taxes online The house is not provided for your employer's convenience. Free state taxes online You report on the calendar-year, cash basis. Free state taxes online You received $72,000 salary from foreign sources plus $36,000 fair rental value of the house, or a total of $108,000 of earned income. Free state taxes online Reimbursement of employee expenses. Free state taxes online   If you are reimbursed under an accountable plan (defined below) for expenses you incur on your employer's behalf and you have adequately accounted to your employer for the expenses, do not include the reimbursement for those expenses in your earned income. Free state taxes online   The expenses for which you are reimbursed are not considered allocable (related) to your earned income. Free state taxes online If expenses and reimbursement are equal, there is nothing to allocate to excluded income. Free state taxes online If expenses are more than the reimbursement, the unreimbursed expenses are considered to have been incurred in producing earned income and must be divided between your excluded and included income in determining the amount of unreimbursed expenses you can deduct. Free state taxes online (See chapter 5. Free state taxes online ) If the reimbursement is more than the expenses, no expenses remain to be divided between excluded and included income and the excess reimbursement must be included in earned income. Free state taxes online   These rules do not apply to the following individuals. Free state taxes online Straight-commission salespersons. Free state taxes online Employees who have arrangements with their employers under which taxes are not withheld on a percentage of the commissions because the employers consider that percentage to be attributable to the employees' expenses. Free state taxes online Accountable plan. Free state taxes online   An accountable plan is a reimbursement or allowance arrangement that includes all three of the following rules. Free state taxes online The expenses covered under the plan must have a business connection. Free state taxes online The employee must adequately account to the employer for these expenses within a reasonable period of time. Free state taxes online The employee must return any excess reimbursement or allowance within a reasonable period of time. Free state taxes online Reimbursement of moving expenses. Free state taxes online   Reimbursement of moving expenses may be earned income. Free state taxes online You must include as earned income: Any reimbursements of, or payments for, nondeductible moving expenses, Reimbursements that are more than your deductible expenses and that you do not return to your employer, Any reimbursements made (or treated as made) under a nonaccountable plan (any plan that does not meet the rules listed above for an accountable plan), even if they are for deductible expenses, and Any reimbursement of moving expenses you deducted in an earlier year. Free state taxes online This section discusses reimbursements that must be included in earned income. Free state taxes online Publication 521, Moving Expenses, discusses additional rules that apply to moving expense deductions and reimbursements. Free state taxes online   The rules for determining when the reimbursement is considered earned or where the reimbursement is considered earned may differ somewhat from the general rules previously discussed. Free state taxes online   Although you receive the reimbursement in one tax year, it may be considered earned for services performed, or to be performed, in another tax year. Free state taxes online You must report the reimbursement as income on your return in the year you receive it, even if it is considered earned during a different year. Free state taxes online Move from U. Free state taxes online S. Free state taxes online to foreign country. Free state taxes online   If you move from the United States to a foreign country, your moving expense reimbursement is generally considered pay for future services to be performed at the new location. Free state taxes online The reimbursement is considered earned solely in the year of the move if you qualify for the exclusion for a period that includes at least 120 days during that tax year. Free state taxes online   If you are neither a bona fide resident of nor physically present in a foreign country or countries for a period that includes 120 days during the year of the move, a portion of the reimbursement is considered earned in the year of the move and a portion is considered earned in the year following the year of the move. Free state taxes online To figure the amount earned in the year of the move, multiply the reimbursement by a fraction. Free state taxes online The numerator (top number) is the number of days in your qualifying period that fall within the year of the move, and the denominator (bottom number) is the total number of days in the year of the move. Free state taxes online   The difference between the total reimbursement and the amount considered earned in the year of the move is the amount considered earned in the year following the year of the move. Free state taxes online The part earned in each year is figured as shown in the following example. Free state taxes online Example. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen working in the United States. Free state taxes online You were told in October 2012 that you were being transferred to a foreign country. Free state taxes online You arrived in the foreign country on December 15, 2012, and you are a bona fide resident for the remainder of 2012 and all of 2013. Free state taxes online Your employer reimbursed you $2,000 in January 2013 for the part of the moving expense that you were not allowed to deduct. Free state taxes online Because you did not qualify for the exclusion under the bona fide residence test for at least 120 days in 2012 (the year of the move), the reimbursement is considered pay for services performed in the foreign country for both 2012 and 2013. Free state taxes online You figure the part of the reimbursement for services performed in the foreign country in 2012 by multiplying the total reimbursement by a fraction. Free state taxes online The fraction is the number of days during which you were a bona fide resident in 2012 (the year of the move) divided by 366. Free state taxes online The remaining part of the reimbursement is for services performed in the foreign country in 2013. Free state taxes online This computation is used only to determine when the reimbursement is considered earned. Free state taxes online You would include the amount of the reimbursement in income in 2013, the year you received it. Free state taxes online Move between foreign countries. Free state taxes online   If you move between foreign countries, any moving expense reimbursement that you must include in income will be considered earned in the year of the move if you qualify for the foreign earned income exclusion for a period that includes at least 120 days in the year of the move. Free state taxes online Move to U. Free state taxes online S. Free state taxes online   If you move to the United States, the moving expense reimbursement that you must include in income is generally considered to be U. Free state taxes online S. Free state taxes online source income. Free state taxes online   However, if under either an agreement between you and your employer or a statement of company policy that is reduced to writing before your move to the foreign country, your employer will reimburse you for your move back to the United States regardless of whether you continue to work for the employer, the includible reimbursement is considered compensation for past services performed in the foreign country. Free state taxes online The includible reimbursement is considered earned in the year of the move if you qualify for the foreign earned income exclusion for a period that includes at least 120 days during that year. Free state taxes online Otherwise, you treat the includible reimbursement as received for services performed in the foreign country in the year of the move and the year immediately before the year of the move. Free state taxes online   See the discussion under Move from U. Free state taxes online S. Free state taxes online to foreign country , earlier, to figure the amount of the includible reimbursement considered earned in the year of the move. Free state taxes online The amount earned in the year before the year of the move is the difference between the total includible reimbursement and the amount earned in the year of the move. Free state taxes online Example. Free state taxes online You are a U. Free state taxes online S. Free state taxes online citizen employed in a foreign country. Free state taxes online You retired from employment with your employer on March 31, 2013, and returned to the United States after having been a bona fide resident of the foreign country for several years. Free state taxes online A written agreement with your employer entered into before you went abroad provided that you would be reimbursed for your move back to the United States. Free state taxes online In April 2013, your former employer reimbursed you $4,000 for the part of the cost of your move back to the United States that you were not allowed to deduct. Free state taxes online Because you were not a bona fide resident of a foreign country or countries for a period that included at least 120 days in 2013 (the year of the move), the includible reimbursement is considered pay for services performed in the foreign country for both 2013 and 2012. Free state taxes online You figure the part of the moving expense reimbursement for services performed in the foreign country for 2013 by multiplying the total includible reimbursement by a fraction. Free state taxes online The fraction is the number of days of foreign residence during the year (90) divided by the number of days in the year (365). Free state taxes online The remaining part of the includible reimbursement is for services performed in the foreign country in 2012. Free state taxes online You report the amount of the includible reimbursement in 2013, the year you received it. Free state taxes online    In this example, if you met the physical presence test for a period that included at least 120 days in 2013, the moving expense reimbursement would be considered earned entirely in the year of the move. Free state taxes online Storage expense reimbursements. Free state taxes online   If you are reimbursed for storage expenses, the reimbursement is for services you perform during the period of time for which the storage expenses are incurred. Free state taxes online U. Free state taxes online S. Free state taxes online Government Employees For purposes of the foreign earned income exclusion, the foreign housing exclusion, and the foreign housing deduction, foreign earned income does not include any amounts paid by the United States or any of its agencies to its employees. Free state taxes online This includes amounts paid from both appropriated and nonappropriated funds. Free state taxes online The following organizations (and other organizations similarly organized and operated under United States Army, Navy, or Air Force regulations) are integral parts of the Armed Forces, agencies, or instrumentalities of the United States. Free state taxes online United States Armed Forces exchanges. Free state taxes online Commissioned and noncommissioned officers' messes. Free state taxes online Armed Forces motion picture services. Free state taxes online Kindergartens on foreign Armed Forces installations. Free state taxes online Amounts paid by the United States or its agencies to persons who are not their employees may qualify for exclusion or deduction. Free state taxes online If you are a U. Free state taxes online S. Free state taxes online Government employee paid by a U. Free state taxes online S. Free state taxes online agency that assigned you to a foreign government to perform specific services for which the agency is reimbursed by the foreign government, your pay is from the U. Free state taxes online S. Free state taxes online Government and does not qualify for exclusion or deduction. Free state taxes online If you have questions about whether you are an employee or an independent contractor, get Publication 15-A, Employer's Supplemental Tax Guide. Free state taxes online American Institute in Taiwan. Free state taxes online   Amounts paid by the American Institute in Taiwan are not foreign earned income for purposes of the foreign earned income exclusion, the foreign housing exclusion, or the foreign housing deduction. Free state taxes online If you are an employee of the American Institute in Taiwan, allowances you receive are exempt from U. Free state taxes online S. Free state taxes online tax up to the amount that equals tax-exempt allowances received by civilian employees of the U. Free state taxes online S. Free state taxes online Government. Free state taxes online Allowances. Free state taxes online   Cost-of-living and foreign-area allowances paid under certain acts of Congress to U. Free state taxes online S. Free state taxes online civilian officers and employees stationed in Alaska and Hawaii or elsewhere outside the 48 contiguous states and the District of Columbia can be excluded from gross income. Free state taxes online Post differentials are wages that must be included in gross income, regardless of the act of Congress under which they are paid. Free state taxes online More information. Free state taxes online   Publication 516, U. Free state taxes online S. Free state taxes online Government Civilian Employees Stationed Abroad, has more information for U. Free state taxes online S. Free state taxes online Government employees abroad. Free state taxes online Exclusion of Meals and Lodging You do not include in your income the value of meals and lodging provided to you and your family by your employer at no charge if the following conditions are met. Free state taxes online The meals are furnished: On the business premises of your employer, and For the convenience of your employer. Free state taxes online The lodging is furnished: On the business premises of your employer, For the convenience of your employer, and As a condition of your employment. Free state taxes online If these conditions are met, do not include the value of the meals or lodging in your income, even if a law or your employment contract says that they are provided as compensation. Free state taxes online Amounts you do not include in income because of these rules are not foreign earned income. Free state taxes online If you receive a Form W-2, excludable amounts should not be included in the total reported in box 1 as wages. Free state taxes online Family. Free state taxes online   Your family, for this purpose, includes only your spouse and your dependents. Free state taxes online Lodging. Free state taxes online   The value of lodging includes the cost of heat, electricity, gas, water, sewer service, and similar items needed to make the lodging fit to live in. Free state taxes online Business premises of employer. Free state taxes online   Generally, the business premises of your employer is wherever you work. Free state taxes online For example, if you work as a housekeeper, meals and lodging provided in your employer's home are provided on the business premises of your employer. Free state taxes online Similarly, meals provided to cowhands while herding cattle on land leased or owned by their employer are considered provided on the premises of their employer. Free state taxes online Convenience of employer. Free state taxes online   Whether meals or lodging are provided for your employer's convenience must be determined from all the facts and circumstances. Free state taxes online Meals furnished at no charge are considered provided for your employer's convenience if there is a good business reason for providing them, other than to give you more pay. Free state taxes online   On the other hand, if your employer provides meals to you or your family as a means of giving you more pay, and there is no other business reason for providing them, their value is extra income to you because they are not furnished for the convenience of your employer. Free state taxes online Condition of employment. Free state taxes online   Lodging is provided as a condition of employment if you must accept the lodging to properly carry out the duties of your job. Free state taxes online You must accept lodging to properly carry out your duties if, for example, you must be available for duty at all times or you could not perform your duties if the lodging was not furnished. Free state taxes online Foreign camps. Free state taxes online   If the lodging is in a camp located in a foreign country, the camp is considered part of your employer's business premises. Free state taxes online The camp must be: Provided for your employer's convenience because the place where you work is in a remote area where satisfactory housing is not available to you on the open market within a reasonable commuting distance, Located as close as reasonably possible in the area where you work, and Provided in a common area or enclave that is not available to the general public for lodging or accommodations and that normally houses at least ten employees. Free state taxes online Foreign Earned Income Exclusion If your tax home is in a foreign country and you meet the bona fide residence test or the physical presence test, you can choose to exclude from your income a limited amount of your foreign earned income. Free state taxes online Foreign earned income was defined earlier in this chapter. Free state taxes online You also can choose to exclude from your income a foreign housing amount. Free state taxes online This is explained later under Foreign Housing Exclusion. Free state taxes online If you choose to exclude a foreign housing amount, you must figure the foreign housing exclusion before you figure the foreign earned income exclusion. Free state taxes online Your foreign earned income exclusion is limited to your foreign earned income minus your foreign housing exclusion. Free state taxes online If you choose to exclude foreign earned income, you cannot deduct, exclude, or claim a credit for any item that can be allocated to or charged against the excluded amounts. Free state taxes online This includes any expenses, losses, and other normally deductible items allocable to the excluded income. Free state taxes online For more information about deductions and credits, see chapter 5 . Free state taxes online Limit on Excludable Amount You may be able to exclude up to $97,600 of your foreign earned income in 2013. Free state taxes online You cannot exclude more than the smaller of: $97,600, or Your foreign earned income (discussed earlier) for the tax year minus your foreign housing exclusion (discussed later). Free state taxes online If both you and your spouse work abroad and each of you meets either the bona fide residence test or the physical presence test, you can each choose the foreign earned income exclusion. Free state taxes online You do not both need to meet the same test. Free state taxes online Together, you and your spouse can exclude as much as $195,200. Free state taxes online Paid in year following work. Free state taxes online   Generally, you are considered to have earned income in the year in which you do the work for which you receive the income, even if you work in one year but are not paid until the following year. Free state taxes online If you report your income on a cash basis, you report the income on your return for the year you receive it. Free state taxes online If you work one year, but are not paid for that work until the next year, the amount you can exclude in the year you are paid is the amount you could have excluded in the year you did the work if you had been paid in that year. Free state taxes online For an exception to this general rule, see Year-end payroll period, later. Free state taxes online Example. Free state taxes online You were a bona fide resident of Brazil for all of 2012 and 2013. Free state taxes online You report your income on the cash basis. Free state taxes online In 2012, you were paid $84,200 for work you did in Brazil during that year. Free state taxes online You excluded all of the $84,200 from your income in 2012. Free state taxes online In 2013, you were paid $117,300 for your work in Brazil. Free state taxes online $18,800 was for work you did in 2012 and $98,500 was for work you did in 2013. Free state taxes online You can exclude $10,900 of the $18,800 from your income in 2013. Free state taxes online This is the $95,100 maximum exclusion in 2012 minus the $84,200 actually excluded that year. Free state taxes online You must include the remaining $7,900 in income in 2013 because you could not have excluded that income in 2012 if you had received it that year. Free state taxes online You can exclude $97,600 of the $98,500 you were paid for work you did in 2013 from your 2013 income. Free state taxes online Your total foreign earned income exclusion for 2013 is $108,500 ($10,900 for work you did in 2012 and $97,600 for work you did in 2013). Free state taxes online You would include in your 2013 income $8,800 ($7,900 for the work you did in 2012 and $900 for the work you did in 2013). Free state taxes online Year-end payroll period. Free state taxes online   There is an exception to the general rule that income is considered earned in the year you do the work for which you receive the income. Free state taxes online If you are a cash-basis taxpayer, any salary or wage payment you receive after the end of the year in which you do the work for which you receive the pay is considered earned entirely in the year you receive it if all four of the following apply. Free state taxes online The period for which the payment is made is a normal payroll period of your employer that regularly applies to you. Free state taxes online The payroll period includes the last day of your tax year (December 31 if you figure your taxes on a calendar-year basis). Free state taxes online The payroll period is not longer than 16 days. Free state taxes online The payday comes at the same time in relation to the payroll period that it would normally come and it comes before the end of the next payroll period. Free state taxes online Example. Free state taxes online You are paid twice a month. Free state taxes online For the normal payroll period that begins on the first of the month and ends on the fifteenth of the month, you are paid on the sixteenth day of the month. Free state taxes online For the normal payroll period that begins on the sixteenth of the month and ends on the last day of the month, you are paid on the first day of the following month. Free state taxes online Because all of the above conditions are met, the pay you received on January 1, 2013, is considered earned in 2013. Free state taxes online Income earned over more than 1 year. Free state taxes online   Regardless of when you actually receive income, you must apply it to the year in which you earned it in figuring your excludable amount for that year. Free state taxes online For example, a bonus may be based on work you did over several years. Free state taxes online You determine the amount of the bonus that is considered earned in a particular year in two steps. Free state taxes online Divide the bonus by the number of calendar months in the period when you did the work that resulted in the bonus. Free state taxes online Multiply the result of (1) by the number of months you did the work during the year. Free state taxes online This is the amount that is subject to the exclusion limit for that tax year. Free state taxes online Income received more than 1 year after it was earned. Free state taxes online   You cannot exclude income you receive after the end of the year following the year you do the work to earn it. Free state taxes online Example. Free state taxes online   You were a bona fide resident of Sweden for 2011, 2012, and 2013. Free state taxes online You report your income on the cash basis. Free state taxes online In 2011, you were paid $69,000 for work you did in Sweden that year and in 2012 you were paid $74,000 for that year's work in Sweden. Free state taxes online You excluded all the income on your 2011 and 2012 returns. Free state taxes online   In 2013, you were paid $92,000; $82,000 for your work in Sweden during 2013, and $10,000 for work you did in Sweden in 2011. Free state taxes online You cannot exclude any of the $10,000 for work done in 2011 because you received it after the end of the year following the year in which you earned it. Free state taxes online You must include the $10,000 in income. Free state taxes online You can exclude all of the $82,000 received for work you did in 2013. Free state taxes online Community income. Free state taxes online   The maximum exclusion applies separately to the earnings of spouses. Free state taxes online Ignore any community property laws when you figure your limit on the foreign earned income exclusion. Free state taxes online Part-year exclusion. Free state taxes online   If the period for which you qualify for the foreign earned income exclusion includes only part of the year, you must adjust the maximum limit based on the number of qualifying days in the year. Free state taxes online The number of qualifying days is the number of days in the year within the period on which you both: Have your tax home in a foreign country, and Meet either the bona fide residence test or the physical presence test. Free state taxes online   For this purpose, you can count as qualifying days all days within a period of 12 consecutive months once you are physically present and have your tax home in a foreign country for 330 full days. Free state taxes online To figure your maximum exclusion, multiply the maximum excludable amount for the year by the number of your qualifying days in the year, and then divide the result by the number of days in the year. Free state taxes online Example. Free state taxes online You report your income on the calendar-year basis and you qualified for the foreign earned income exclusion under the bona fide residence test for 75 days in 2013. Free state taxes online You can exclude a maximum of 75/365 of $97,600, or $20,055, of your foreign earned income for 2013. Free state taxes online If you qualify under the bona fide residence test for all of 2014, you can exclude your foreign earned income up to the 2014 limit. Free state taxes online Physical presence test. Free state taxes online   Under the physical presence test, a 12-month period can be any period of 12 consecutive months that includes 330 full days. Free state taxes online If you qualify for the foreign earned income exclusion under the physical presence test for part of a year, it is important to carefully choose the 12-month period that will allow the maximum exclusion for that year. Free state taxes online Example. Free state taxes online You are physically present and have your tax home in a foreign country for a 16-month period from June 1, 2012, through September 30, 2013, except for 16 days in December 2012 when you were on vacation in the United States. Free state taxes online You figure the maximum exclusion for 2012 as follows. Free state taxes online Beginning with June 1, 2012, count forward 330 full days. Free state taxes online Do not count the 16 days you spent in the United States. Free state taxes online The 330th day, May 12, 2013, is the last day of a 12-month period. Free state taxes online Count backward 12 months from May 11, 2013, to find the first day of this 12-month period, May 12, 2012. Free state taxes online This 12-month period runs from May 12, 2012, through May 11, 2013. Free state taxes online Count the total days during 2012 that fall within this 12-month period. Free state taxes online This is 234 days (May 12, 2012 – December 31, 2012). Free state taxes online Multiply $95,100 (the maximum exclusion for 2012) by the fraction 234/366 to find your maximum exclusion for 2012 ($60,802). Free state taxes online You figure the maximum exclusion for 2013 in the opposite manner. Free state taxes online Beginning with your last full day, September 30, 2013, count backward 330 full days. Free state taxes online Do not count the 16 days you spent in the United States. Free state taxes online That day, October 20, 2012, is the first day of a 12-month period. Free state taxes online Count forward 12 months from October 20, 2012, to find the last day of this 12-month period, October 19, 2013. Free state taxes online This 12-month period runs from October 20, 2012, through October 19, 2013. Free state taxes online Count the total days during 2013 that fall within this 12-month period. Free state taxes online This is 292 days (January 1, 2013 – October 19, 2013). Free state taxes online Multiply $97,600, the maximum limit, by the fraction 292/365 to find your maximum exclusion for 2013 ($78,080). Free state taxes online Choosing the Exclusion The foreign earned income exclusion is voluntary. Free state taxes online You can choose the exclusion by completing the appropriate parts of Form 2555. Free state taxes online When You Can Choose the Exclusion Your initial choice of the exclusion on Form 2555 or Form 2555-EZ generally must be made with one of the following returns. Free state taxes online A return filed by the due date (including any extensions). Free state taxes online A return amending a timely-filed return. Free state taxes online Amended returns generally must be filed by the later of 3 years after the filing date of the original return or 2 years after the tax is paid. Free state taxes online A return filed within 1 year from the original due date of the return (determined without regard to any extensions). Free state taxes online Filing after the above periods. Free state taxes online   You can choose the exclusion on a return filed after the periods described above if you owe no federal income tax after taking into account the exclusion. Free state taxes online If you owe federal income tax after taking into account the exclusion, you can choose the exclusion on a return filed after the periods described earlier if you file before the IRS discovers that you failed to choose the exclusion. Free state taxes online Whether or not you owe federal income tax after taking the exclusion into account, if you file your return after the periods described earlier, you must type or legibly print at the top of the first page of the Form 1040 “Filed pursuant to section 1. Free state taxes online 911-7(a)(2)(i)(D). Free state taxes online ” If you owe federal income tax after taking into account the foreign earned income exclusion and the IRS discovered that you failed to choose the exclusion, you may still be able to choose the exclusion. Free state taxes online You must request a private letter ruling under Income Tax Regulation 301. Free state taxes online 9100-3 and Revenue Procedure 2013-1, 2013-1 I. Free state taxes online R. Free state taxes online B. Free state taxes online 1, available at www. Free state taxes online irs. Free state taxes online gov/irb/2013-01_IRB/ar06. Free state taxes online html. Free state taxes online Effect of Choosing the Exclusion Once you choose to exclude your foreign earned income, that choice remains in effect for that year and all later years unless you revoke it. Free state taxes online Foreign tax credit or deduction. Free state taxes online  
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Free state taxes online 15. Free state taxes online   Venta de su Vivienda Table of Contents Recordatorio Introduction Useful Items - You may want to see: Vivienda Principal Cómo Calcular las Pérdidas o Ganancias Precio de Venta Cantidad Recibida Base Ajustada Cantidad de Pérdidas o Ganancias Enajenaciones que no Sean Ventas Cómo Determinar la Base Cómo Excluir las GananciasExclusión Máxima Requisitos de Propietario y de Uso Exclusión Máxima Reducida Uso Comercial o Alquiler de Vivienda Cómo Declarar la VentaHipoteca financiada por el vendedor. Free state taxes online Información adicional. Free state taxes online Situaciones EspecialesExcepción para ventas a personas emparentadas o vinculadas. Free state taxes online Recuperación (Devolución) de un Subsidio Hipotecario Federal Recordatorio Venta de vivienda con puntos no deducidos. Free state taxes online  Si no ha deducido todos los puntos que pagó para asegurar una hipoteca sobre su vivienda anterior, tal vez pueda deducir los puntos restantes en el año de la venta. Free state taxes online Consulte Hipoteca que termina antes del plazo de vigencia convenido bajo Puntos en el capítulo 23. Free state taxes online Introduction Este capítulo explica las reglas tributarias que son aplicables cuando vende su vivienda principal. Free state taxes online En la mayoría de los casos, su vivienda principal es aquélla en la que vive la mayor parte del tiempo. Free state taxes online Si vendió su vivienda principal en el año 2013, es posible que pueda excluir de sus ingresos todas las ganancias hasta un máximo de $250,000 ($500,000 en una declaración conjunta, en la mayoría de los casos). Free state taxes online Consulte Cómo Excluir las Ganancias , más adelante. Free state taxes online Generalmente, si puede excluir todas las ganancias, no es necesario que declare dicha venta en su declaración de impuestos. Free state taxes online Si tiene ganancias que no se pueden excluir, éstas son tributables. Free state taxes online Declare estas ganancias en el Formulario 8949, Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de bienes de capital), en inglés, y en el Anexo D (Formulario 1040). Free state taxes online Es posible que también tenga que llenar el Formulario 4797, Sales of Business Property (Ventas de propiedad comercial), en inglés. Free state taxes online Consulte Cómo Declarar la Venta , más adelante. Free state taxes online Si tiene pérdidas de la venta, generalmente no puede deducirlas en su declaración. Free state taxes online Sin embargo, podría verse obligado a declararlas. Free state taxes online Consulte Cómo Declarar la Venta , más adelante. Free state taxes online Los temas principales de este capítulo son los siguientes: Cómo calcular las pérdidas o ganancias. Free state taxes online Cómo determinar la base. Free state taxes online Cómo excluir las ganancias. Free state taxes online Requisitos de propiedad y de uso. Free state taxes online Cómo declarar la venta. Free state taxes online Otros temas incluyen lo siguiente: Uso comercial o alquiler de vivienda. Free state taxes online Recuperación de un subsidio hipotecario federal. Free state taxes online Useful Items - You may want to see: Publicación 523 Selling Your Home (Venta de su vivienda), en inglés 530 Tax Information for Homeowners (Información tributaria para propietarios de vivienda), en inglés 547(SP) Hechos Fortuitos, Desastres y Robos Formulario (e Instrucciones) Anexo D (Formulario 1040) Capital Gains and Losses (Ganancias y pérdidas de capital), en inglés 982 Reduction of Tax Attributes Due to Discharge of Indebtedness (Reducción de atributos tributarios debido a la liquidación de deudas), en inglés 8828 Recapture of Federal Mortgage Subsidy (Recuperación del subsidio hipotecario federal), en inglés 8949 Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciónes de bienes de capital), en inglés Vivienda Principal Esta sección explica el término “vivienda principal”. Free state taxes online Generalmente, la vivienda en que usted vive la mayor parte del tiempo es su vivienda principal y puede ser un(a): Casa, Casa flotante, Casa rodante, Apartamento de cooperativa o Condominio. Free state taxes online Para excluir ganancias según las reglas del presente capítulo, en la mayoría de los casos tiene que haber sido propietario y habitado la propiedad como vivienda principal durante un mínimo de 2 años durante el período de 5 años que termina en la fecha de la venta. Free state taxes online Terreno. Free state taxes online   Si vende el terreno en que se encuentra ubicada su vivienda principal, pero no la casa misma, no puede excluir ganancias provenientes de la venta del terreno. Free state taxes online Sin embargo, si vende terrenos baldíos usados como parte de su vivienda principal y contiguos a la misma, tal vez pueda excluir la ganancia proveniente de la venta de dichos terrenos en ciertos casos. Free state taxes online Vea Vacant land (Terreno baldío), bajo Main Home (Vivienda principal) en la Publicación 523, en inglés, para más información. Free state taxes online Ejemplo. Free state taxes online Compra un terreno y traslada su vivienda principal ahí. Free state taxes online Luego, vende el terreno en que se encuentra ubicada su vivienda principal. Free state taxes online Esta venta no se considera venta de su vivienda principal y no puede excluir las ganancias provenientes de la venta del terreno. Free state taxes online Más de una vivienda. Free state taxes online   Si es propietario de más de una vivienda, solamente puede excluir las ganancias de la venta de su vivienda principal. Free state taxes online Tiene que incluir en sus ingresos las ganancias procedentes de la venta de cualquier otra vivienda. Free state taxes online Si es propietario de dos viviendas y vive en ambas, su vivienda principal generalmente es aquella en que vive la mayor parte del tiempo durante el año. Free state taxes online Ejemplo 1. Free state taxes online Usted es propietario de dos casas, una en Nueva York y otra en Florida. Free state taxes online Entre 2009 y 2013, usted vive en la casa de Nueva York por 7 meses y en la residencia de Florida durante 5 meses de cada año. Free state taxes online En la ausencia de hechos y circunstancias que indiquen lo contrario, la casa de Nueva York es su vivienda principal. Free state taxes online Usted califica para la exclusión de la ganancia de la venta de la casa de Nueva York, pero no por la casa en Florida en el 2013. Free state taxes online Ejemplo 2. Free state taxes online Usted es propietario de una casa, pero vive en otra casa que alquila. Free state taxes online La casa alquilada es su vivienda principal. Free state taxes online Ejemplo 3. Free state taxes online Usted es propietario de dos casas, una en Virginia y otra en New Hampshire. Free state taxes online En 2009 y 2010, usted vivió en la casa de Virginia. Free state taxes online En 2011 y 2012, vivió en la casa de New Hampshire. Free state taxes online En 2013, vivió otra vez en la casa de Virginia. Free state taxes online Su residencia principal en 2009, 2010 y 2013 es la residencia de Virginia. Free state taxes online En 2011 y 2012, su residencia principal es la residencia de New Hampshire. Free state taxes online Usted reúne los requisitos para la exclusión de la ganancia de la venta de cualesquiera de las casas (pero no ambas) en el 2013. Free state taxes online Propiedad usada parcialmente como su vivienda principal. Free state taxes online   Si usa solamente una parte de la propiedad como vivienda principal, las reglas que se abordan en este capítulo son aplicables sólo a las pérdidas o ganancias de la venta de esa parte de la propiedad. Free state taxes online Para obtener detalles, consulte Uso Comercial o Alquiler de Vivienda , más adelante. Free state taxes online Cómo Calcular las Pérdidas o Ganancias Para calcular las pérdidas o ganancias procedentes de la venta de su vivienda principal, tiene que saber cuál es el precio de venta, la cantidad recibida y la base ajustada. Free state taxes online Reste la base ajustada de la cantidad recibida para obtener el total de pérdidas o ganancias. Free state taxes online     Precio de venta     − Gastos de venta       Cantidad recibida       Cantidad recibida     − Base ajustada       Pérdidas o ganancias   Precio de Venta El precio de venta es la cantidad total que recibe por su vivienda. Free state taxes online Esto incluye dinero y el valor justo de mercado de cualquier otro bien o servicio que reciba y todos los pagarés, hipotecas u otras deudas que adquiere el comprador como parte de la venta. Free state taxes online Pago efectuado por su empleador. Free state taxes online   Es posible que tenga que vender su vivienda debido a un traslado de trabajo. Free state taxes online Si su empleador le paga las pérdidas originadas por la venta o gastos de venta, no incluya el pago como parte del precio de venta. Free state taxes online Su empleador incluirá el pago como salario en el recuadro 1 del Formulario W-2 y usted lo incluirá en los ingresos en la línea 7 del Formulario 1040. Free state taxes online Opción de compra. Free state taxes online   Si otorga una opción de compra para su vivienda y esa opción se ejecuta, sume al precio de venta de la vivienda la cantidad que reciba por la opción. Free state taxes online Si la opción no se ejecuta, tiene que declarar la cantidad como ingreso ordinario en el año en que venza la opción. Free state taxes online Declare esta cantidad en la línea 21 del Formulario 1040. Free state taxes online Formulario 1099-S. Free state taxes online   Si recibió el Formulario 1099-S, Proceeds From Real Estate Transactions (Utilidades de transacciones de bienes raíces), en inglés, el recuadro 2 Gross Proceeds (Utilidades brutas) debe mostrar la cantidad total que recibió por su vivienda. Free state taxes online   Sin embargo, el recuadro 2 no incluirá el valor justo de mercado de servicios o bienes que no sean dinero en efectivo o pagarés que haya recibido o recibirá. Free state taxes online En lugar de esto, el recuadro 4 estará marcado para indicar que ha recibido (o que se anticipa que va a recibir) estos bienes. Free state taxes online Cantidad Recibida La cantidad recibida corresponde al precio de venta menos los gastos de venta. Free state taxes online Gastos de venta. Free state taxes online   Los gastos de venta incluyen: Comisiones, Cargos por publicidad, Honorarios legales y Cargos de préstamo pagados por el vendedor, como tarifas por colocación de préstamos o “puntos”. Free state taxes online Base Ajustada Durante el período en el que haya sido propietario de su vivienda, es posible que haya realizado ajustes (aumentos o disminuciones) a la base. Free state taxes online Esta base ajustada se tiene que determinar antes de poder calcular las pérdidas o ganancias de la venta de su vivienda. Free state taxes online Para obtener información sobre cómo calcular la base ajustada de su vivienda, consulte Cómo Determinar la Base , más adelante. Free state taxes online Cantidad de Pérdidas o Ganancias Para calcular la cantidad de pérdidas o ganancias, compare la cantidad recibida con la base ajustada. Free state taxes online Ganancias de la venta. Free state taxes online   Si la cantidad recibida es mayor que la base ajustada, la diferencia es una ganancia y, a excepción de cualquier parte que pueda excluir, dicha ganancia suele ser tributable. Free state taxes online Pérdidas de la venta. Free state taxes online   Si la cantidad recibida es menor que la base ajustada, la diferencia es una pérdida. Free state taxes online Las pérdidas provenientes de la venta de su vivienda principal no se pueden deducir. Free state taxes online Vivienda de propiedad conjunta. Free state taxes online   Si usted y su cónyuge venden su vivienda de propiedad conjunta y presentan una declaración conjunta, debe calcular sus pérdidas o ganancias como si fueran un solo contribuyente. Free state taxes online Declaraciones por separado. Free state taxes online   Si usted y su cónyuge presentan declaraciones por separado, cada uno tiene que calcular sus propias pérdidas o ganancias conforme a su participación en la propiedad de la vivienda. Free state taxes online Generalmente, dicha participación está determinada por la ley estatal. Free state taxes online Copropietarios no casados. Free state taxes online   Si usted y un copropietario que no sea su cónyuge venden su vivienda de propiedad conjunta, cada uno tiene que calcular sus propias pérdidas o ganancias conforme a su participación en la propiedad de la vivienda. Free state taxes online Cada uno debe aplicar las reglas que se abordan en este capítulo de manera individual. Free state taxes online Enajenaciones que no Sean Ventas Hay ciertas reglas especiales para otras enajenaciones de su vivienda principal. Free state taxes online Ejecución hipotecaria o embargo de bienes. Free state taxes online   Si su vivienda estuvo sujeta a juicio hipotecario o embargo, ésto se considera enajenación de la vivienda principal. Free state taxes online Consulte la Publicación 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments (Deudas canceladas, ejecuciones hipotecarias, embargo y abandonos), en inglés, para calcular si tiene ingreso ordinario, pérdidas o ganancias. Free state taxes online Abandono. Free state taxes online   Si abandona su vivienda, vea la Publicación 4681, en inglés, para determinar si usted tiene ingresos ordinarios, ganancia o pérdida. Free state taxes online Intercambio de viviendas. Free state taxes online   Si intercambia su antigua vivienda por otra, trate el intercambio como una compraventa. Free state taxes online Ejemplo. Free state taxes online Usted habitaba y era propietario de una vivienda que tenía una base ajustada de $41,000. Free state taxes online Un agente de bienes raíces aceptó su antigua vivienda por un valor de $50,000 como pago parcial para la compra de una nueva vivienda con un valor de $80,000. Free state taxes online Esta transacción se trata como venta de su antigua vivienda por $50,000 con una ganancia de $9,000 ($50,000 – $41,000). Free state taxes online Si el agente de bienes raíces le hubiese concedido $27,000 y hubiese asumido su hipoteca por pagar de $23,000 sobre su antigua vivienda, el precio de venta aún sería $50,000 (los $27,000 concedidos para el intercambio más la hipoteca de $23,000 que asumió). Free state taxes online Traspaso a cónyuge. Free state taxes online   Si traspasa su vivienda a su cónyuge, o lo traspasa a su ex cónyuge por causa de divorcio, en la mayoría de los casos no hay pérdidas ni ganancias. Free state taxes online Esto es cierto aun si recibe dinero en efectivo u otra compensación por su vivienda. Free state taxes online Por lo tanto, no son aplicables las reglas de este capítulo. Free state taxes online Información adicional. Free state taxes online   Si necesita más información, consulte Transfer to spouse (Traspaso a cónyuge) en la Publicación 523, y Property Settlements (Liquidaciones de bienes) en la Publicación 504, Divorced or Separated Individuals (Personas divorciadas o separadas), ambas en inglés. Free state taxes online Conversión involuntaria. Free state taxes online   Si su vivienda es destruida o expropiada, y usted recibe dinero u otros bienes a cambio, como el pago de un seguro o indemnización por causa de expropiación forzosa, esto es una enajenación. Free state taxes online Esto se considera una venta y quizás pueda excluir la totalidad o parte de la ganancia proveniente de la destrucción o expropiación de su vivienda, según se explica más adelante, bajo Situaciones Especiales . Free state taxes online Cómo Determinar la Base Debe saber cuál es la base de su vivienda para poder calcular toda pérdida o ganancia al momento de la venta. Free state taxes online La base de su vivienda se determina dependiendo de cómo la obtuvo. Free state taxes online Generalmente, la base es el costo de la vivienda si la compró o construyó. Free state taxes online Si la obtuvo de alguna otra manera (herencia, regalo, etc. Free state taxes online ), la base, por lo general, es el valor justo de mercado cuando la recibió o la base ajustada del dueño anterior. Free state taxes online Mientras fue propietario de su vivienda, es posible que realizara ajustes (aumentos o disminuciones) a la base de su vivienda. Free state taxes online El resultado de estos ajustes es la base ajustada de la vivienda, la cual se usa para calcular las pérdidas o ganancias de la venta de la misma. Free state taxes online Consulte Base Ajustada , más adelante. Free state taxes online Puede obtener más información sobre la base y la base ajustada en el capítulo 13 de esta publicación y en la Publicación 523, en inglés. Free state taxes online Costo como Base El costo de la propiedad es la cantidad que pagó por ella en efectivo o a través de obligaciones de deuda, otros bienes o servicios. Free state taxes online Compra. Free state taxes online   Si compró una vivienda, la base es lo que a usted le cuesta. Free state taxes online Esto incluye el precio de compra y ciertos costos de cierre. Free state taxes online En la mayoría de los casos, el precio de compra incluye su pago inicial o enganche y toda deuda que haya entregado al vendedor en pago por la vivienda, como una primera o segunda hipoteca o pagarés. Free state taxes online Si construye una vivienda o contrata a terceros para construirla, su precio de compra puede incluir los costos de construcción, como se explica en la Publicación 523, en inglés. Free state taxes online Gastos de transacción o costos de cierre. Free state taxes online   Al momento de comprar su vivienda, es posible que haya tenido costos de cierre además del precio del contrato de la propiedad. Free state taxes online Puede incluir en la base algunos de los gastos de transacción y costos de cierre que pagó por la compra de la vivienda, pero no puede incluir en la base los cargos y costos por la obtención de un préstamo hipotecario. Free state taxes online Un cargo que se paga por la compra de la vivienda es todo cargo que hubiera tenido que pagar aún si hubiera pagado por ella en efectivo (es decir, sin tener que financiarla). Free state taxes online   El capítulo 13 indica algunos de los gastos de transacción y costos de cierre que puede incluir en la base de su propiedad, incluida su vivienda. Free state taxes online Asimismo, indica algunos de los costos de cierre que no se pueden incluir en la base. Free state taxes online   Además, consulte la Publicación 523, en inglés, para información adicional y una definición de la base distinta a la del costo. Free state taxes online Base Ajustada La base ajustada es su costo u otra base a la que se le restan o suman ciertas cantidades. Free state taxes online Para calcular su base ajustada, puede utilizar la Hoja de Trabajo 1 de la Publicación 523, en inglés. Free state taxes online No utilice la Hoja de Trabajo 1 si adquirió participación en su vivienda de un difunto que falleció en 2010 y cuyo albacea ha presentado el Formulario 8939, Allocation of Increase in Basis for Property Acquired From a Decedent (Distribución del aumento en la base de propiedad adquirida de un difunto), en inglés. Free state taxes online Aumentos a la base. Free state taxes online   Incluyen lo siguiente: Ampliación y otras mejoras que tengan una vida útil superior a 1 año. Free state taxes online Tasaciones especiales para mejoras locales. Free state taxes online Toda cantidad que usted haya gastado después de un hecho fortuito para restaurar la propiedad dañada. Free state taxes online Mejoras. Free state taxes online   Éstas agregan valor a su vivienda, prolongan su vida útil o la adaptan para nuevos usos. Free state taxes online Debe sumar a la base de la propiedad el costo de las ampliaciones y otras mejoras realizadas. Free state taxes online   Por ejemplo, instalar una sala de recreación u otro baño en su sótano sin mejoras, levantar una cerca nueva, instalar nueva plomería o cablería, colocar un nuevo techo o pavimentar la entrada al garaje son actividades que constituyen mejoras. Free state taxes online Una ampliación a su vivienda, como una nueva terraza, un solario o un garaje, también constituye una mejora. Free state taxes online Reparaciones. Free state taxes online   Éstas mantienen su vivienda en buenas condiciones, pero no le agregan valor ni prolongan su vida útil. Free state taxes online No sume el costo a la base de su propiedad. Free state taxes online   Pintar el interior y exterior de su casa, reparar canaletas o pisos, reparar goteras o yeso y reemplazar ventanas rotas son ejemplos de reparaciones. Free state taxes online Disminuciones a la base. Free state taxes online   Incluyen lo siguiente: Liquidaciones de la deuda calificada sobre la vivienda principal excluidas de ingreso. Free state taxes online La cancelación parcial o completa del ingreso por una deuda que se excluyó debido a su quiebra o insolvencia. Free state taxes online Para obtener más detalles, vea la Publicación 4681, en inglés. Free state taxes online Ganancias aplazadas provenientes de la venta de una vivienda anterior antes del 7 de mayo de 1997. Free state taxes online Pérdidas fortuitas deducibles. Free state taxes online Pagos de seguro que haya recibido o que espera recibir por pérdidas fortuitas. Free state taxes online Pagos que haya recibido por otorgar una servidumbre o un derecho de paso. Free state taxes online Depreciación permitida o permisible si usó su vivienda para fines comerciales o de alquiler. Free state taxes online Créditos relacionados con la eficiencia energética, permitidos por gastos incurridos en el hogar. Free state taxes online Reste del aumento a la base, que de otra manera se permitiría por gastos en la vivienda, por la cantidad del crédito permitido por dichos gastos. Free state taxes online Crédito tributario por adopción que haya declarado por mejoras agregadas a la base de su vivienda. Free state taxes online Pagos no tributables de un programa de asistencia para adopción de su empleador que haya utilizado para mejoras realizadas agregadas a la base de su vivienda. Free state taxes online Subsidio por ahorro de energía excluido de su ingreso bruto porque lo recibió (directa o indirectamente) de alguno de los servicios públicos después de 1992 para comprar o instalar un medio de ahorro de energía. Free state taxes online Un medio de ahorro de energía es una instalación o modificación principalmente diseñada para reducir el consumo de electricidad o gas natural, o para mejorar el uso de la demanda de energía de una vivienda. Free state taxes online Crédito tributario para el comprador de su primera vivienda en el Distrito de Columbia (permisible para la compra de una primera vivienda en el Distrito de Columbia a partir del 5 de agosto de 1997 y antes del 1 de enero del 2012). Free state taxes online Impuesto general de ventas (permitido a partir del 2004 y antes del 2014) reclamado como una deducción detallada en el Anexo A (Formulario 1040) que fue impuesto por la compra de bienes muebles, tales como una casa flotante usada como su hogar or casa móvil. Free state taxes online Liquidaciones de la deuda calificada sobre la vivienda principal. Free state taxes online   Quizás pueda excluir de los ingresos brutos una liquidación de la deuda calificada sobre una vivienda principal. Free state taxes online Esta exclusión corresponde a liquidaciones efectuadas después de 2006 y antes de 2014. Free state taxes online Si opta por excluir estos ingresos, tiene que restar de la base de la vivienda principal (pero no por debajo de cero) la cantidad excluida de los ingresos brutos. Free state taxes online   Presente el Formulario 982, en inglés, junto con la declaración de impuestos. Free state taxes online Vea las instrucciones del mismo para información detallada. Free state taxes online Documentación. Free state taxes online Debe mantener documentación para demostrar la base ajustada de su vivienda. Free state taxes online Normalmente, tiene que conservar dicha documentación durante 3 años después de la fecha de vencimiento para presentar la declaración del año tributario en el que vendió su vivienda. Free state taxes online Sin embargo, si vendió su vivienda antes del 7 de mayo de 1997 y aplazó el impuesto sobre las ganancias, la base de esa vivienda afecta la base de la nueva vivienda que compró. Free state taxes online Conserve la documentación que demuestre la base de ambas viviendas todo el tiempo que sea necesario para efectos de impuestos. Free state taxes online La documentación que debe conservar incluye: Comprobante del precio de compra y gastos de compra de la vivienda; Comprobantes y otra documentación de todas las mejoras, ampliaciones y otros elementos que afecten la base ajustada de la vivienda; Toda hoja de trabajo y otros cálculos que haya usado para calcular la base ajustada de la vivienda que vendió, las ganancias o pérdidas de la venta, la exclusión y las ganancias tributables; Todo Formulario 982, en inglés, que haya presentado para declarar una liquidación de la deuda calificada sobre la vivienda principal; Todo Formulario 2119, Sale of Your Home (Venta de su vivienda), en inglés, que haya presentado para aplazar la ganancia proveniente de la venta de una vivienda anterior antes del 7 de mayo de 1997 y Toda hoja de trabajo que haya usado para preparar el Formulario 2119, como la Adjusted Basis of Home Sold Worksheet (Hoja de trabajo de base ajustada de vivienda vendida) o Capital Improvements Worksheet (Hoja de trabajo de mejoras de capital) de las Instrucciones del Formulario 2119, en inglés, u otra fuente de cálculos. Free state taxes online Cómo Excluir las Ganancias Es posible que reúna los requisitos para excluir de su ingreso la totalidad o parte de las ganancias obtenidas de la venta de su vivienda principal. Free state taxes online Esto significa que, si reúne los requisitos, no tendrá que pagar impuestos sobre las ganancias hasta el límite descrito bajo Exclusión Máxima , presentado a continuación. Free state taxes online Para tener derecho a esta opción, tiene que satisfacer los requisitos de propietario y de uso que se describen más adelante. Free state taxes online Puede optar por no declarar la exclusión, incluyendo las ganancias obtenidas de la venta en los ingresos brutos en su declaración de impuestos para el año de la venta. Free state taxes online Puede utilizar la Hoja de Trabajo 2 de la Publicación 523 para calcular la cantidad de la exclusión y ganancia tributable, si la hubiera. Free state taxes online Si obtiene alguna ganancia tributable de la venta de su vivienda, podría verse obligado a aumentar la retención del impuesto o pagar impuestos estimados. Free state taxes online Vea la Publicación 505, Tax Withholding and Estimated Tax (Retención del impuesto e impuesto estimado), en inglés. Free state taxes online Exclusión Máxima Puede excluir hasta $250,000 de las ganancias (aparte de las ganancias asignadas a períodos de uso no calificadas) de la venta de su vivienda principal si se cumplen todas las siguientes condiciones: Usted reúne los requisitos de propietario. Free state taxes online Usted reúne los requisitos de uso. Free state taxes online Durante el período de 2 años inmediatamente anterior a la fecha de la venta no excluyó ganancias obtenidas de la venta de otra vivienda. Free state taxes online Para detalles sobre ganancias asignadas a períodos de uso no calificados, vea Períodos de uso no calificado, más adelante. Free state taxes online Tal vez pueda excluir hasta $500,000 de las ganancias (aparte de las ganancias asignadas a períodos de uso no calificadas) obtenidas de la venta de su vivienda principal si está casado, presenta una declaración conjunta y reúne los requisitos enumerados en el tema sobre las reglas especiales correspondientes a declaraciones conjuntas, bajo Personas Casadas , más adelante. Free state taxes online Requisitos de Propietario y de Uso Para reclamar una exclusión, tiene que satisfacer los requisitos de propietario y de uso. Free state taxes online Esto significa que durante el período de 5 años inmediatamente anterior a la fecha de la venta, usted tiene que haber: Sido propietario de la vivienda durante un mínimo de 2 años (requisito de propietario) y Vivido en la vivienda como su vivienda principal durante un mínimo de 2 años (requisito de uso). Free state taxes online Excepción. Free state taxes online   Si fue propietario y vivió en la propiedad como su vivienda principal por menos de 2 años, en algunos casos aún puede reclamar una exclusión. Free state taxes online Sin embargo, la cantidad máxima que podría excluir sería menor. Free state taxes online Consulte Exclusión Máxima Reducida , más adelante. Free state taxes online Ejemplo 1 —posesión y ocupación de la vivienda durante 2 años. Free state taxes online Amanda compró su vivienda principal y se mudó a ésta en septiembre del año 2011. Free state taxes online Vendió la vivienda con ganancias en octubre de 2013. Free state taxes online Durante el período de 5 años que finalizó en la fecha de la venta en octubre de 2013, ella fue propietaria de la vivienda y vivió en ella más de 2 años. Free state taxes online Por lo tanto, satisface los requisitos de propietario y de uso. Free state taxes online Ejemplo 2 —satisfacción del requisito de propiedad, pero no de uso. Free state taxes online Daniel compró una vivienda, vivió en ella durante 6 meses, se mudó y nunca volvió a vivir en la casa. Free state taxes online Luego la vendió con ganancias. Free state taxes online Fue propietario de la vivienda durante el período completo de 5 años inmediatamente anterior a la fecha de la venta. Free state taxes online Él satisface el requisito de propietario, pero no el de uso. Free state taxes online No puede excluir ninguna parte de sus ganancias procedentes de la venta, a menos que haya reunido los requisitos para una exclusión máxima reducida (como se explica más adelante). Free state taxes online Período de Propietario y de Uso Los 2 años de propietario y de uso requeridos durante el período de 5 años inmediatamente anterior a la fecha de la venta no tienen que ser continuos ni ocurrir simultáneamente. Free state taxes online Satisface los requisitos si puede demostrar que fue propietario y vivió en la propiedad como su vivienda principal durante 24 meses completos o 730 días (365 × 2) durante el período de 5 años inmediatamente anterior a la fecha de la venta. Free state taxes online Ausencia temporal. Free state taxes online   Las ausencias temporales breves por vacaciones u otras ausencias estacionales, aun si alquila la propiedad durante estas ausencias, se consideran períodos de uso. Free state taxes online En los siguientes ejemplos, se supone que la exclusión máxima reducida (explicada más adelante) no es aplicable a las ventas. Free state taxes online Ejemplo 1. Free state taxes online David Gallegos, soltero, compró una vivienda y se mudó a ella el 1 de febrero de 2011. Free state taxes online En 2011 y 2012, David se ausentó de su casa en el verano por dos meses mientras se tomaba unas vacaciones. Free state taxes online Vendió la casa el 1 de marzo del año 2013. Free state taxes online Aunque el período total en el que David usó su casa es menos de 2 años (21 meses), puede excluir toda ganancia hasta $250,000 ya que cumple con los requisitos. Free state taxes online Las vacaciones de 2 meses son ausencias cortas temporales y se cuentan como períodos de uso al determinar si David usó la casa los 2 años exigidos. Free state taxes online Ejemplo 2. Free state taxes online El profesor Pablo Barba, soltero, compró una casa y se mudó a ella el 18 de agosto de 2010. Free state taxes online Vivió en ella como su vivienda principal en forma continua hasta el 5 de enero de 2012, fecha en que viajó al extranjero para disfrutar de un año sabático. Free state taxes online El 6 de febrero de 2013, un mes después de regresar de la ausencia, vendió la casa con ganancias. Free state taxes online Dado que su ausencia no fue una ausencia temporal breve, no puede incluir el período de ausencia para satisfacer el requisito de uso de 2 años. Free state taxes online No puede excluir parte alguna de sus ganancias porque no usó ese domicilio por los 2 años exigidos. Free state taxes online Satisfacción de los requisitos de propietario y de uso durante períodos diferentes. Free state taxes online   Puede satisfacer los requisitos de propietario y de uso durante períodos diferentes de 2 años. Free state taxes online Sin embargo, tiene que satisfacer ambos requisitos durante el período de 5 años inmediatamente anterior a la fecha de la venta. Free state taxes online Ejemplo. Free state taxes online A partir del 2002, Elena Jara vivía en un apartamento alquilado. Free state taxes online Posteriormente, el edificio de apartamentos se transformó en condominios y compró su mismo apartamento el 3 de diciembre de 2010. Free state taxes online En el año 2011, Elena se enfermó y el 14 de abril de ese año se mudó a la casa de su hija. Free state taxes online El 12 de julio de 2013, mientras aún vivía en casa de su hija, Elena vendió su condominio. Free state taxes online Elena puede excluir las ganancias provenientes de la venta de su condominio porque satisfizo los requisitos de propietario y de uso durante el período de 5 años del 13 de julio de 2008 al 12 de julio de 2013, fecha en que vendió su condominio. Free state taxes online Ella fue propietaria del condominio desde el 3 de diciembre del año 2010 hasta el 12 de julio del año 2013 (más de 2 años). Free state taxes online Vivió en la propiedad desde el 13 de julio del año 2008 (inicio del período de 5 años) hasta el 14 de abril del año 2011 (más de 2 años). Free state taxes online El tiempo que Elena vivió en la casa de su hija durante el período de 5 años se puede contar para el período de propietario y el tiempo que vivió en su apartamento alquilado durante esos 5 años se puede contar para el período de uso. Free state taxes online Apartamento de cooperativa. Free state taxes online   Si, como inquilino-accionista, vendió acciones en una cooperativa de viviendas, los requisitos de propietario y de uso se satisfacen siempre y cuando durante el período de 5 años inmediatamente anterior a la fecha de la venta usted: Haya sido propietario de las acciones durante un mínimo de 2 años y Haya vivido en la casa o apartamento que sus acciones le dan derecho a ocupar como su vivienda principal durante un mínimo de 2 años. Free state taxes online Excepciones a los Requisitos de Propietario y de Uso Los siguientes temas abordan excepciones a los requisitos de propietario y de uso para ciertos contribuyentes. Free state taxes online Excepción para personas incapacitadas. Free state taxes online   Existe una excepción al requisito de uso si: Queda física o mentalmente incapacitado para cuidarse a sí mismo y Fue propietario y vivió en su casa como su vivienda principal por un total mínimo de un año durante el período de 5 años antes de la venta de su vivienda. Free state taxes online Conforme a esta excepción, se considera que vive en la vivienda durante todo momento en el período de 5 años en que haya sido propietario de ella y haya vivido en un establecimiento (incluido un hogar de ancianos) con licencia emitida por un estado o subdivisión política para cuidar personas en esa situación. Free state taxes online Si satisface esta excepción al requisito de uso, aún tiene que satisfacer el requisito de propietario de 2 de los 5 años para reclamar la exclusión. Free state taxes online Vivienda anterior destruida o expropiada. Free state taxes online   Para fines de los requisitos de propietario y de uso, debe sumar el tiempo que fue propietario y vivió en una vivienda anterior destruida o expropiada y el tiempo que fue propietario y vivió en la vivienda de reemplazo de cuya venta desea excluir las ganancias. Free state taxes online Esta regla es aplicable si alguna parte de la base de la vivienda que vendió dependía de la base de aquélla destruida o expropiada. Free state taxes online De lo contrario, tiene que haber sido propietario y vivido en la misma vivienda durante 2 de los 5 años anteriores a la venta, lo cual le permitirá reunir los requisitos para la exclusión. Free state taxes online Miembros de los servicios uniformados o del Servicio Diplomático, empleados de los servicios de inteligencia o empleados o voluntarios del Cuerpo de Paz. Free state taxes online   Puede optar por suspender el período del requisito de 5 años de propietario y uso durante todo período en el que usted o su cónyuge preste “servicio prolongado en forma oficial y calificada” como miembro de los servicios uniformados o del Servicio Diplomático de los Estados Unidos o como empleado de los servicios de inteligencia. Free state taxes online Puede optar por suspender el período del requisito de 5 años de propietario y uso durante el período que usted o su cónyuge preste “servicio prolongado en forma oficial y calificada” en el extranjero como empleado o voluntario inscrito o voluntario líder del Cuerpo de Paz. Free state taxes online Esto significa que podría satisfacer el requisito de uso de 2 años aún cuando, debido a su servicio, no haya vivido realmente en su casa por lo menos los 2 años requeridos de los 5 años que terminan en la fecha de la venta. Free state taxes online   Si esto le ayuda a reunir los requisitos para excluir ganancias, puede optar por suspender el período obligatorio de 5 años, presentando una declaración para el año de venta que no incluya las ganancias. Free state taxes online   Para más información sobre la suspensión del período de 5 años, vea Members of the uniformed services or Foreign Service, employees of the intelligence community, or employees or volunteers of the Peace Corps (Miembros de los servicios uniformados o del Servicio Diplomático, empleados de los servicios de inteligencia o empleados o voluntarios del Cuerpo de Paz), en la Publicación 523, en inglés. Free state taxes online Personas Casadas Si usted y su cónyuge presentan una declaración conjunta para el año de la venta y uno de ustedes satisface los requisitos de propiedad y de uso, pueden excluir hasta $250,000 de la ganancia procedente de dicha venta. Free state taxes online (Sin embargo, consulte Reglas especiales para declaraciones conjuntas , que aparece a continuación). Free state taxes online Reglas especiales para declaraciones conjuntas. Free state taxes online   Puede excluir hasta $500,000 de la totalidad de la ganancia sobre la venta de su vivienda principal si se cumple lo siguiente: Está casado y presenta una declaración conjunta para el año. Free state taxes online Usted o su cónyuge cumple el requisito de propietario. Free state taxes online Usted y su cónyuge cumplen el requisito de uso. Free state taxes online Durante el período de 2 años que termina en la fecha de la venta, ni usted ni su cónyuge excluyó ganancia alguna proveniente de la venta de otra vivienda. Free state taxes online Si uno de los dos cónyuges no satisface estos requisitos, la exclusión máxima que el matrimonio puede declarar es el total de las exclusiones máximas a las que tendría derecho cada cónyuge si no estuviese casado y las cantidades se calculasen por separado. Free state taxes online Para este fin, se considera que cada cónyuge era dueño de la propiedad durante el período en el que uno de los dos fue dueño de la misma. Free state taxes online Ejemplo 1 —uno de los cónyuges vende una vivienda. Free state taxes online Emilia vende su vivienda en junio de 2013 con una ganancia de $300,000. Free state taxes online Posteriormente en ese año, se casa con Jaime. Free state taxes online Ella satisface los requisitos de propiedad y de uso, pero Jaime no. Free state taxes online Emilia puede excluir hasta $250,000 de las ganancias en una declaración por separado o conjunta para el año 2013. Free state taxes online La exclusión máxima de $500,000 para ciertas declaraciones conjuntas no es aplicable en este caso, ya que Jaime no cumple el requisito de uso. Free state taxes online Ejemplo 2 —cada cónyuge vende una vivienda. Free state taxes online El caso es igual al del Ejemplo 1 , excepto que Jaime también vende una vivienda en el año 2013 con una ganancia de $200,000 antes de casarse con Emilia. Free state taxes online Él satisface los requisitos de propietario y de uso en su vivienda pero Emilia no. Free state taxes online Emilia puede excluir $250,000 de las ganancias y Jaime puede excluir $200,000 de las ganancias de la venta de sus propias viviendas. Free state taxes online Sin embargo, Emilia no puede utilizar la exclusión no usada de Jaime para excluir más de $250,000 de las ganancias. Free state taxes online Por lo tanto, Emilia y Jaime tienen que reconocer $50,000 de las ganancias de la venta de la vivienda de Emilia. Free state taxes online La exclusión máxima de $500,000 para ciertas declaraciones conjuntas no es aplicable en este caso, ya que Emilia y Jaime ambos no cumplen el requisito de uso para el mismo hogar. Free state taxes online Venta de la vivienda principal por el cónyuge sobreviviente. Free state taxes online   Si su cónyuge murió y usted no se volvió a casar antes de la fecha de la venta, se considera que ha sido propietario y ha vivido en la propiedad como su vivienda principal durante todo el período en que su cónyuge fue propietario y vivió en ella como vivienda principal. Free state taxes online   Si reúne todos los siguientes requisitos, puede tener el derecho de excluir hasta $500,000 procedentes de toda ganancia de la venta o del intercambio de su vivienda principal: La venta o el intercambio se realizó después de 2008. Free state taxes online La venta o el intercambio se realizó dentro de los 2 años después de la fecha del fa- llecimiento de su cónyuge. Free state taxes online No se ha vuelto a casar. Free state taxes online Usted y su cónyuge reunían el requisito de uso en la fecha del fallecimiento de su cónyuge. Free state taxes online Usted o su cónyuge reunían el requisito de propietario en la fecha del fallecimiento de su cónyuge. Free state taxes online Ni usted ni su cónyuge excluyó ganancia alguna procedente de la venta de otra vivienda durante los últimos 2 años. Free state taxes online Ejemplo. Free state taxes online   Geraldo es dueño de una casa y habita en la misma como su vivienda principal desde 2009. Free state taxes online Geraldo y Wilma se casaron el 1 de julio de 2013, y desde esa fecha habitan en la casa de Geraldo considerándola su vivienda principal. Free state taxes online Geraldo falleció el 15 de agosto de 2013 y Wilma heredó la propiedad. Free state taxes online Wilma vendió la propiedad el 3 de septiembre de 2013, fecha en la cual no se había vuelto a casar. Free state taxes online Aunque Wilma fue dueña de la casa y habitó en la misma menos de 2 años, se considera que ha cumplido los requisitos de propiedad y de uso porque el período correspondiente a su propiedad y uso de la casa abarca el período en el que Geraldo fue dueño de la misma y habitó en ella antes de fallecer. Free state taxes online Vivienda traspasada por cónyuge. Free state taxes online   Si su cónyuge le traspasó su vivienda (o ex cónyuge si el traspaso se relaciona con su divorcio), se considera que ha sido propietario durante todo el período en que su cónyuge fue propietario. Free state taxes online Uso de vivienda después del divorcio. Free state taxes online   Se considera que ha usado la propiedad como su vivienda principal durante todo el período en que: Usted fue su propietario y Se permita que el cónyuge o ex cónyuge viva en ella conforme a un instrumento de divorcio o separación y éste la usa como vivienda principal. Free state taxes online Exclusión Máxima Reducida Si no reúne los requisitos para reclamar la exclusión de $250,000 o $500,000, aún puede tener derecho a una exclusión reducida. Free state taxes online Esto corresponde a aquellas personas que: No satisfagan los requisitos de propietario y de uso o Hayan reclamado la exclusión dentro de 2 años de vender su vivienda actual. Free state taxes online En los dos casos, para tener derecho a una exclusión reducida, la venta de su vivienda principal tiene que deberse a uno de los siguientes motivos: Un cambio del lugar de empleo. Free state taxes online Salud. Free state taxes online Circunstancias imprevistas. Free state taxes online Circunstancias imprevistas. Free state taxes online   Se considera que la venta de su vivienda principal es por una circunstancia imprevista si el motivo principal de venta es un hecho que usted no hubiera podido anticipar razonablemente antes de comprar y ocupar su vivienda principal. Free state taxes online   Vea la Publicación 523, en inglés, para más información y para utilizar la Worksheet 3 (Hoja de trabajo 3) para calcular la exclusión máxima reducida. Free state taxes online Uso Comercial o Alquiler de Vivienda Tal vez pueda excluir sus ganancias provenientes de la venta de una vivienda que haya utilizado para fines comerciales o para producir ingresos de alquiler. Free state taxes online Sin embargo, tiene que satisfacer los requisitos de propietario y de uso. Free state taxes online Períodos de uso no calificado. Free state taxes online   En la mayoría de los casos, la ganancia de la venta o intercambio de su vivienda principal no calificará para su exclusión en la medida en que las ganancias se asignan a los períodos de uso no calificado. Free state taxes online Se considera que el uso no calificado es todo período a partir del 2008 en que ni usted ni su cónyuge (o su ex cónyuge) usó la propiedad como vivienda principal con las siguientes excepciones. Free state taxes online Excepciones. Free state taxes online   Un período de uso no calificado no incluye: Cualquier parte del período de 5 años que termine en la fecha de la venta o intercambio después de la última fecha que usted o su cónyuge usó la vivienda como vivienda principal. Free state taxes online Cualquier período (que no exceda de un período de 10 años en su totalidad) durante el cual usted (o su cónyuge) están prestando servicio prolongado en forma oficial y calificada: Como miembro de los servicios uniformados, Como miembro del Servicio Diplomático de los Estados Unidos o Como empleado de los servicios de inteligencia, y Cualquier otro período de ausencia temporal (que no exceda de un período de 2 años en su totalidad) debido a un cambio de empleo, condición de salud o tales circunstancias imprevistas que hayan sido especificados por el IRS. Free state taxes online La ganancia resultante de la venta de la propiedad se divide entre períodos de uso calificado y no calificado a base de la cantidad de tiempo que la propiedad sirvió para uso calificado y no calificado. Free state taxes online La ganancia derivada de la venta o intercambio de una vivienda principal asignada a períodos de uso calificado todavía calificará para la exclusión de la venta de su vivienda principal. Free state taxes online La ganancia derivada de la venta o intercambio de una vivienda principal asignada a períodos de uso no calificado no reunirá los requisitos para la exclusión. Free state taxes online Cálculos. Free state taxes online   Para calcular la parte de la ganancia que se le asignará al período de uso no calificado, multiplique la ganancia por la siguiente fracción:   Total de uso no calificado durante el período de propietario a partir del 2008      Total del período de propietario   Este cálculo se puede encontrar en la Hoja de Trabajo 2, línea 10, en la Publicación 523, en inglés. Free state taxes online Ejemplo 1. Free state taxes online El 23 de mayo de 2007, Amelia (soltera en cada año de este ejemplo) compró una casa. Free state taxes online Se mudó a la casa en esa fecha y vivió ahí hasta el 31 de mayo de 2009, fecha en la que se mudó de la casa y la puso en alquiler. Free state taxes online La casa estuvo alquilada desde el 1 de junio de 2009 al 31 de marzo de 2011. Free state taxes online Amelia reclamó deducciónes por depreciación del 2009 al 2011 por un total de $10,000. Free state taxes online Amelia se mudó a su casa nuevamente el 1 de abril de 2011 y vivió en ella hasta que la vendió el 31 de enero de 2013 por una ganancia de $200,000. Free state taxes online Durante el período de 5 años que termina en la fecha de la venta (31 de enero de 2008 – 31 de enero de 2013), Amelia fue la propietaria y vivió en la casa durante más de 2 años, como se indica en la siguiente tabla. Free state taxes online Período de  5 años Usada como Vivienda Principal Usada como Vivienda de Alquiler 31/01/08 – 31/05/09 16 meses       01/06/09 – 31/03/11   22 meses 01/04/11 – 31/01/13 22 meses         38 meses 22 meses Durante el período que Amelia fue propietaria de la casa (2,080 días), el período de uso no calificado fue de 668 días. Free state taxes online Amelia divide 668 entre 2,080 y obtiene un decimal (redondeado al menos tres decimales) de 0. Free state taxes online 321. Free state taxes online Para calcular la ganancia atribuible al período de uso no calificado, se multiplica $190,000 (la ganancia no es atribuible a la deducción por depreciación $10,000) por 0. Free state taxes online 321. Free state taxes online Debido a que la ganancia atribuible a los períodos no calificados es $60,990, Amelia puede excluir $129,010 de su ganancia. Free state taxes online Ejemplo 2. Free state taxes online Guillermo fue propietario de una casa y la usó como su vivienda principal de 2007 a 2010. Free state taxes online El 1 de enero de 2011, se mudó a otro estado. Free state taxes online Alquiló su casa desde esa fecha hasta el 30 de abril de 2013, fecha en que la vendió. Free state taxes online Durante el período de 5 años que termina en la fecha de la venta (1 de mayo de 2008 – 30 de abril de 2013), Guillermo fue el propietario de esa casa y vivió en ella durante más de 2 años. Free state taxes online Tiene que declarar la venta en el Formulario 4797, en inglés, debido a que la casa era una propiedad de alquiler en la fecha de venta. Free state taxes online Ya que el período de uso no calificado no incluye cualquier parte del período de 5 años después de la última fecha que Guillermo vivió en su vivienda, él no tiene un período de uso no calificado. Free state taxes online Puesto que cumplió los requisitos de propietario y de uso, puede excluir ganancias de hasta $250,000. Free state taxes online No obstante, no puede excluir la parte de las ganancias equivalente a la depreciación que reclamó o que pudo haber reclamado por alquilar la casa, como se explica a continuación. Free state taxes online Depreciación después del 6 de mayo de 1997. Free state taxes online   Si tenía derecho a declarar deducciones por depreciación porque usó su vivienda para fines comerciales o como propiedad de alquiler, no puede excluir aquella parte de sus ganancias que sea equivalente a cualquier depreciación permitida o permisible como deducción para los períodos después del 6 de mayo de 1997. Free state taxes online Si puede demostrar mediante documentación adecuada u otras pruebas que la depreciación permitida era menor que la cantidad permisible, puede limitar la cantidad de ganancias obtenidas de modo que dicha cantidad sea igual a la cantidad de depreciación. Free state taxes online Vea la Publicación 544, en inglés, para información adicional. Free state taxes online Propiedad usada parcialmente para fines comerciales o de alquiler. Free state taxes online   Si usó la propiedad en parte como vivienda principal y en parte para fines comerciales o para producir ingresos de alquiler, consulte la Publicación 523, en inglés. Free state taxes online Cómo Declarar la Venta No declare la venta de su vivienda principal del año 2013 en su declaración de impuestos, a menos que: Tenga ganancias y no reúna los requisitos para excluir la totalidad de éstas Tenga ganancias y opte por no excluirlas o Haya recibido un Formulario 1099-S. Free state taxes online Si algunas de estas situaciones aplican, informe la ganancia total o pérdidas. Free state taxes online Para detalles de cómo informar las pérdidas o ganancias, vea las Instrucciones para el Anexo D del Formulario 1040 y las Instrucciones del Formulario 8949, en inglés. Free state taxes online Si usted usó la vivienda para propósitos de negocios o para sacar ingresos por el alquiler, usted posiblemente tenga que usar el Formulario 4797 para informar la venta de la parte de la propiedad usada para negocios o alquiler (o la venta de la propiedad entera, si se usó exclusivamente para negocios o alquiler). Free state taxes online Consulte la sección Business Use or Rental of Home (Uso de vivienda como negocio o para alquiler), en inglés, en la Publicación 523, y las Instrucciones del Formulario 4797. Free state taxes online Ventas a plazos. Free state taxes online    Algunas ventas se realizan según acuerdos que estipulan que parte o la totalidad del precio de venta se debe pagar en un año posterior. Free state taxes online Estas ventas se denominan “ventas a plazos”. Free state taxes online Si financia la compra del comprador de su casa, en lugar de que éste solicite un préstamo o hipoteca a un banco, probablemente tenga una venta a plazos. Free state taxes online Tal vez pueda declarar la parte de las ganancias que no puede excluir sobre la base a plazos. Free state taxes online    Use el Formulario 6252, Installment Sale Income (Ingresos de venta a plazos), en inglés, para declarar la venta. Free state taxes online Anote la exclusión en la línea 15 del Formulario 6252. Free state taxes online Hipoteca financiada por el vendedor. Free state taxes online   Si vende su vivienda y tiene un pagaré, hipoteca u otro acuerdo financiero, en la mayoría de los casos los pagos que reciba constan de intereses y capital. Free state taxes online Tiene que declarar por separado como ingreso de intereses los intereses que reciba como parte de cada pago. Free state taxes online Si el comprador de su vivienda usa la propiedad como vivienda principal o segunda vivienda, también tiene que declarar el nombre, la dirección y el número de Seguro Social (SSN, por sus siglas en inglés) del comprador en la línea 1 del Anexo B (Formulario 1040A o 1040). Free state taxes online El comprador tiene que darle su SSN y usted tiene que darle el suyo al comprador. Free state taxes online Si no satisface estos requisitos, es posible que tenga que pagar una multa de $50 por cada incumplimiento. Free state taxes online Si usted o el comprador no tiene un SSN y no reúne los requisitos para obtener uno, vea Número de Seguro Social , en el capítulo 1. Free state taxes online Información adicional. Free state taxes online   Para obtener más información acerca de las ventas a plazos, consulte la Publicación 537, Installment Sales (Ventas a plazos), en inglés. Free state taxes online Situaciones Especiales Las siguientes situaciones especiales pueden afectar su exclusión. Free state taxes online Venta de vivienda adquirida a través de un intercambio de bienes del mismo tipo. Free state taxes online   No puede reclamar la exclusión si: Adquirió su vivienda a través de un intercambio de bienes del mismo tipo (también conocido como intercambio conforme a la sección 1031) o la base de su vivienda se determina según la base de la vivienda de la persona que la adquirió mediante un intercambio de bienes del mismo tipo (por ejemplo, recibió la vivienda de dicha persona como un regalo) y Vendió la vivienda durante el período de 5 años a partir de la fecha en que se adquirió por medio del intercambio de bienes del mismo tipo. Free state taxes online Las ganancias provenientes de un intercambio de bienes del mismo tipo no están sujetas al impuesto en la fecha de dicho intercambio. Free state taxes online Esto quiere decir que las ganancias no se tributarán hasta que venda o enajene de otra manera la propiedad que haya recibido. Free state taxes online Para diferir ganancias provenientes de un intercambio de bienes del mismo tipo, tiene que haber intercambiado bienes comerciales o de inversión por bienes comerciales o de inversión del mismo tipo. Free state taxes online Para más información sobre los intercambios de bienes del mismo tipo, vea la Publicación 544, Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de bienes), en inglés. Free state taxes online Vivienda cedida a través de intercambio de bienes del mismo tipo. Free state taxes online   Si usa su vivienda principal en parte para propósitos comerciales o de alquiler y luego intercambia la misma por otra propiedad, vea la Publicación 523, en inglés. Free state taxes online Expatriados. Free state taxes online   No puede reclamar la exclusión si el impuesto de expatriación es aplicable en su caso. Free state taxes online El impuesto de expatriación corresponde a determinados ciudadanos estadounidenses que han renunciado a su ciudadanía (y a determinados residentes de largo plazo que han terminado su residencia). Free state taxes online Consulte la sección titulada Expatriation Tax (Impuesto de expatriación) en el capítulo 4 de la Publicación 519, U. Free state taxes online S. Free state taxes online Tax Guide for Aliens (Guía tributaria de los Estados Unidos para extranjeros), en inglés, para obtener más información acerca del impuesto de expatriación. Free state taxes online Vivienda destruida o expropiada. Free state taxes online   Si su vivienda fue destruida o expropiada, toda ganancia (por ejemplo, debido a pagos del seguro que recibió) procedente de aquel acontecimiento reúne los requisitos para la exclusión. Free state taxes online   Toda parte de las ganancias que no se pueda excluir (por superar el límite de exclusión máxima), se puede aplazar según las reglas que se explican en las siguientes publicaciones: Publicación 547(SP) en el caso de una vivienda que fue destruida o Capítulo 1 de la Publicación 544, en inglés, en el caso de una vivienda que fue expropiada. Free state taxes online Venta de participación restante. Free state taxes online   Sujeto a otras reglas del presente capítulo, puede optar por excluir ganancias procedentes de la venta de una participación restante en su vivienda. Free state taxes online Si elige esta opción, no puede excluir ganancias de la venta de ninguna otra participación en la vivienda que venda por separado. Free state taxes online Excepción para ventas a personas emparentadas o vinculadas. Free state taxes online   No puede excluir ganancias procedentes de la venta de una participación restante en su vivienda a una persona emparentada o vinculada. Free state taxes online Las personas emparentadas incluyen a sus hermanos y hermanas, medios hermanos y medias hermanas, cónyuges, antecesores (padres, abuelos, etc. Free state taxes online ) y descendientes directos (hijos, nietos, etc. Free state taxes online ). Free state taxes online Las personas vinculadas también incluyen a ciertas sociedades anónimas, sociedades colectivas, fideicomisos y organizaciones exentas de impuestos. Free state taxes online Recuperación (Devolución) de un Subsidio Hipotecario Federal Si financió su vivienda a través de un programa de subsidio federal (préstamos de bonos hipotecarios calificados exentos de impuestos o préstamos con certificados de crédito hipotecario), es posible que tenga que devolver la totalidad o parte del beneficio que recibió de ese programa cuando venda o enajene su vivienda. Free state taxes online Puede recuperar el beneficio al aumentar su impuesto federal sobre el ingreso para el año de la venta. Free state taxes online Es posible que tenga que pagar este impuesto de recuperación aun si puede excluir sus ganancias del ingreso según las reglas explicadas anteriormente; esa exclusión no afecta el impuesto de recuperación. Free state taxes online Préstamos sujetos a reglas de recuperación. Free state taxes online   La recuperación es aplicable a préstamos que: Se originaron de las utilidades de bonos hipotecarios calificados o Se basaron en certificados de crédito hipotecario. Free state taxes online La recuperación también se aplica a las asunciones de estos préstamos. Free state taxes online Cuándo es aplicable la recuperación. Free state taxes online   La recuperación del subsidio hipotecario federal es aplicable solamente si satisface las dos condiciones siguientes: Dentro de los primeros 9 años después de la fecha de cierre de su préstamo hipotecario, vende o enajena su vivienda, gene- rando ganancias. Free state taxes online Su ingreso para el año de la enajenación es mayor que el ingreso calificado ajustado de ese año para el tamaño de su familia (en relación a los requisitos de ingresos que tiene que satisfacer una persona para tener derecho a participar en el programa de subsidio federal). Free state taxes online Cuándo no es aplicable la recuperación. Free state taxes online   La recuperación no es aplicable si le corresponde una de las siguientes situaciones: Su préstamo hipotecario fue un préstamo calificado para mejoras de vivienda (QHIL, por sus siglas en inglés) de no más de $15,000 y se usó para hacer modificaciones, reparaciones y mejoras que protejan o mejoren la habitabilidad y la eficiencia energética de su vivienda. Free state taxes online Su préstamo hipotecario fue un préstamo calificado para mejoras de vivienda de no más de $150,000 para un QHIL que se utiliza con el fin de reparar daños ocasionados a viviendas por el huracán Katrina en la zona de desastre del huracán; para un QHIL financiado por un bono hipotecario calificado, el cual es un Bono de la Zona de Oportunidad del Golfo; o para un QHIL para una vivienda habitada por su dueño en la Zona de Oportunidad del Golfo (Zona GO), Zona GO de Rita o Zona GO de Wilma. Free state taxes online Vea la Publicación 4492(SP), Información para los Contribuyentes Afectados por los Huracanes Katrina, Rita y Wilma, para información adicional. Free state taxes online Asimismo, vea la Publicación 4492-B, Information for Affected Taxpayers in the Midwestern Disaster Areas (Información para contribuyentes afectados de la zona de desastre del Medio Oeste), en inglés, para más información. Free state taxes online La vivienda se enajena como consecuencia de su muerte. Free state taxes online Enajena su vivienda más de 9 años después de la fecha de cierre de su préstamo hipotecario. Free state taxes online Traspasa la vivienda a su cónyuge o a su ex cónyuge por motivos de divorcio, situación en la que no hay ganancias incluidas en sus ingresos. Free state taxes online Enajena la vivienda con pérdidas. Free state taxes online Su vivienda resulta destruida por un hecho fortuito y usted la repone en su lugar original dentro de 2 años después del cierre del año tributario en que se produjo la destrucción. Free state taxes online El período de reemplazo se aumenta para viviendas principales destruidas si su vivienda estaba ubicada en la zona de desastre de Kansas, una de las zonas de desastre del Medio Oeste, la zona del Huracán Katrina u otra zona de desastre declarada como tal por el gobierno federal. Free state taxes online Para más información, vea Plazo de Reposición, en la Publicación 547(SP). Free state taxes online Refinancia su préstamo hipotecario (a menos que posteriormente satisfaga todas las condiciones anteriores indicadas bajo Cuándo es aplicable la recuperación ). Free state taxes online Aviso de cantidades. Free state taxes online   En la fecha de liquidación de su préstamo hipotecario, o en una fecha cercana, deberá recibir un aviso que esta- blezca la cantidad de subsidio federal y cualquier otra información que necesite para calcular su impuesto de recuperación. Free state taxes online Cómo calcular y declarar la recuperación. Free state taxes online    El impuesto de recuperación se calcula en el Formulario 8828, en inglés. Free state taxes online Si vende su vivienda y su hipoteca está sujeta a las reglas de recuperación, tiene que presentar el Formulario 8828 aún si no adeuda un impuesto de recuperación. Free state taxes online Adjunte el Formulario 8828 al Formulario 1040. Free state taxes online Para obtener más información, vea el Formulario 8828 y las instrucciones correspondientes, en inglés. Free state taxes online Prev  Up  Next   Home   More Online Publications