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How Do I File 2012 Tax Return

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How Do I File 2012 Tax Return

How do i file 2012 tax return Publication 17 - Introductory Material Table of Contents What's New Reminders IntroductionIcons. How do i file 2012 tax return Ordering forms and publications. How do i file 2012 tax return Tax questions. How do i file 2012 tax return All material in this publication may be reprinted freely. How do i file 2012 tax return A citation to Your Federal Income Tax (2013) would be appropriate. How do i file 2012 tax return The explanations and examples in this publication reflect the interpretation by the Internal Revenue Service (IRS) of: Tax laws enacted by Congress, Treasury regulations, and Court decisions. How do i file 2012 tax return However, the information given does not cover every situation and is not intended to replace the law or change its meaning. How do i file 2012 tax return This publication covers some subjects on which a court may have made a decision more favorable to taxpayers than the interpretation by the IRS. How do i file 2012 tax return Until these differing interpretations are resolved by higher court decisions or in some other way, this publication will continue to present the interpretations by the IRS. How do i file 2012 tax return All taxpayers have important rights when working with the IRS. How do i file 2012 tax return These rights are described in Your Rights as a Taxpayer in the back of this publication. How do i file 2012 tax return What's New This section summarizes important tax changes that took effect in 2013. How do i file 2012 tax return Most of these changes are discussed in more detail throughout this publication. How do i file 2012 tax return Future developments. How do i file 2012 tax return  For the latest information about the tax law topics covered in this publication, including information about any tax legislation, go to www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/pub17. How do i file 2012 tax return Additional Medicare Tax. How do i file 2012 tax return  Beginning in 2013, a 0. How do i file 2012 tax return 9% Additional Medicare Tax applies to Medicare wages, railroad retirement (RRTA) compensation, and self-employment income that are more than: $125,000 if married filing separately, $250,000 if married filing jointly, or $200,000 for any other filing status. How do i file 2012 tax return See Form 8959 and its instructions. How do i file 2012 tax return Net Investment Income Tax. How do i file 2012 tax return  Beginning in 2013, you may be subject to Net Investment Income Tax (NIIT). How do i file 2012 tax return The NIIT is 3. How do i file 2012 tax return 8% of the smaller of (a) your net investment income or (b) the excess of your modified adjusted gross income over: $125,000 if married filing separately, $250,000 if married filing jointly or qualifying widow(er), or $200,000 if any other filing status. How do i file 2012 tax return See Form 8960 and its instructions. How do i file 2012 tax return Change in tax rates. How do i file 2012 tax return  The highest tax rate is 39. How do i file 2012 tax return 6%. How do i file 2012 tax return For more information, see the 2013 Tax Computation Worksheet or the 2013 Tax Rate Schedules near the end of this publication. How do i file 2012 tax return Tax rate on net capital gain and qualified dividends. How do i file 2012 tax return  The maximum tax rate of 15% on net capital gain and qualified dividends has increased to 20% for some taxpayers. How do i file 2012 tax return See chapter 16. How do i file 2012 tax return Medical and dental expenses. How do i file 2012 tax return  You can deduct only the part of your medical and dental expenses that is more than 10% of your adjusted gross income (7. How do i file 2012 tax return 5% if either you or your spouse is age 65 or older). How do i file 2012 tax return See chapter 21. How do i file 2012 tax return Personal exemption amount increased for certain taxpayers. How do i file 2012 tax return  Your personal exemption is increased to $3,900. How do i file 2012 tax return But the amount is reduced if your adjusted gross income is more than: $150,000 if married filing separately, $250,000 if single, $275,000 if head of household, or $300,000 if any other filing status. How do i file 2012 tax return See chapter 3. How do i file 2012 tax return Limit on itemized deductions. How do i file 2012 tax return  You may not be able to deduct all of your itemized deductions if your adjusted gross income is more than: $150,000 if married filing separately, $250,000 if single, $275,000 if head of household, or $300,000 if any other filing status. How do i file 2012 tax return See chapter 29. How do i file 2012 tax return Same-sex marriages. How do i file 2012 tax return  If you have a same-sex spouse whom you legally married in a state (or foreign country) that recognizes same-sex marriage, you and your spouse generally must use the married filing jointly or married filing separately filing status on your 2013 return, even if you and your spouse now live in a state (or foreign country) that does not recognize same-sex marriage. How do i file 2012 tax return See chapter 2. How do i file 2012 tax return If you meet certain requirements, you may be able to file amended returns to change your filing status for some earlier years. How do i file 2012 tax return For details on filing amended returns, see chapter 1. How do i file 2012 tax return Health flexible spending arrangements (FSAs). How do i file 2012 tax return  You cannot have more than $2,500 in salary reduction contributions made to a health FSA for plan years beginning after 2012. How do i file 2012 tax return See chapter 5. How do i file 2012 tax return Expiring credits. How do i file 2012 tax return  The plug-in electric vehicle credit and the refundable part of the credit for prior year minimum tax have expired. How do i file 2012 tax return You cannot claim either one on your 2013 return. How do i file 2012 tax return See chapter 37. How do i file 2012 tax return Ponzi-type investment schemes. How do i file 2012 tax return  There are new rules for how to claim a theft loss deduction on Form 4684 due to a Ponzi-type investment scheme. How do i file 2012 tax return See chapter 25. How do i file 2012 tax return Home office deduction simplified method. How do i file 2012 tax return  If you can take a home office deduction, you may be able to use a simplified method to figure it. How do i file 2012 tax return See Publication 587. How do i file 2012 tax return Standard mileage rates. How do i file 2012 tax return  The 2013 rate for business use of your car is increased to 56½ cents a mile. How do i file 2012 tax return See chapter 26. How do i file 2012 tax return The 2013 rate for use of your car to get medical care is increased to 24 cents a mile. How do i file 2012 tax return See chapter 21. How do i file 2012 tax return The 2013 rate for use of your car to move is increased to 24 cents a mile. How do i file 2012 tax return See Publication 521, Moving Expenses. How do i file 2012 tax return Reminders Listed below are important reminders and other items that may help you file your 2013 tax return. How do i file 2012 tax return Many of these items are explained in more detail later in this publication. How do i file 2012 tax return Enter your social security number (SSN). How do i file 2012 tax return  Enter your SSN in the space provided on your tax form. How do i file 2012 tax return If you filed a joint return for 2012 and are filing a joint return for 2013 with the same spouse, enter your names and SSNs in the same order as on your 2012 return. How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Secure your tax records from identity theft. How do i file 2012 tax return  Identity theft occurs when someone uses your personal information, such as your name, SSN, or other identifying information, without your permission, to commit fraud or other crimes. How do i file 2012 tax return An identity thief may use your SSN to get a job or may file a tax return using your SSN to receive a refund. How do i file 2012 tax return For more information about identity theft and how to reduce your risk from it, see chapter 1. How do i file 2012 tax return Taxpayer identification numbers. How do i file 2012 tax return  You must provide the taxpayer identification number for each person for whom you claim certain tax benefits. How do i file 2012 tax return This applies even if the person was born in 2013. How do i file 2012 tax return Generally, this number is the person's social security number (SSN). How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Foreign source income. How do i file 2012 tax return  If you are a U. How do i file 2012 tax return S. How do i file 2012 tax return citizen with income from sources outside the United States (foreign income), you must report all such income on your tax return unless it is exempt by U. How do i file 2012 tax return S. How do i file 2012 tax return law. How do i file 2012 tax return This is true whether you live inside or outside the United States and whether or not you receive a Form W-2 or Form 1099 from the foreign payer. How do i file 2012 tax return This applies to earned income (such as wages and tips) as well as unearned income (such as interest, dividends, capital gains, pensions, rents and royalties). How do i file 2012 tax return If you live outside the United States, you may be able to exclude part or all of your foreign source earned income. How do i file 2012 tax return For details, see Publication 54, Tax Guide for U. How do i file 2012 tax return S. How do i file 2012 tax return Citizens and Resident Aliens Abroad. How do i file 2012 tax return Foreign financial assets. How do i file 2012 tax return  If you had foreign financial assets in 2013, you may have to file Form 8938 with your return. How do i file 2012 tax return Check www. How do i file 2012 tax return IRS. How do i file 2012 tax return gov/form8938 for details. How do i file 2012 tax return Automatic 6-month extension to file tax return. How do i file 2012 tax return  You can use Form 4868, Application for Automatic Extension of Time To File U. How do i file 2012 tax return S. How do i file 2012 tax return Individual Income Tax Return, to obtain an automatic 6-month extension of time to file your tax return. How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Include your phone number on your return. How do i file 2012 tax return  To promptly resolve any questions we have in processing your tax return, we would like to be able to call you. How do i file 2012 tax return Please enter your daytime telephone number on your tax form next to your signature and occupation. How do i file 2012 tax return If you are filing a joint return, you can enter either your or your spouse's daytime phone number. How do i file 2012 tax return Payment of taxes. How do i file 2012 tax return   You can pay your taxes online, by phone, or by check or money order. How do i file 2012 tax return You can make a direct transfer from your bank account or use a credit or debit card. How do i file 2012 tax return If you e-file, you can schedule an electronic payment. How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Faster ways to file your return. How do i file 2012 tax return  The IRS offers fast, accurate ways to file your tax return information without filing a paper tax return. How do i file 2012 tax return You can use IRS e-file (electronic filing). How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Free electronic filing. How do i file 2012 tax return  You may be able to file your 2013 taxes online for free. How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Change of address. How do i file 2012 tax return  If you change your address, you should notify the IRS. How do i file 2012 tax return See Change of Address in chapter 1. How do i file 2012 tax return Refund on a late filed return. How do i file 2012 tax return  If you were due a refund but you did not file a return, you generally must file your return within 3 years from the date the return was due (including extensions) to get that refund. How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Frivolous tax returns. How do i file 2012 tax return  The IRS has published a list of positions that are identified as frivolous. How do i file 2012 tax return The penalty for filing a frivolous tax return is $5,000. How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Filing erroneous claim for refund or credit. How do i file 2012 tax return  You may have to pay a penalty if you file an erroneous claim for refund or credit. How do i file 2012 tax return See chapter 1. How do i file 2012 tax return Privacy Act and paperwork reduction information. How do i file 2012 tax return   The IRS Restructuring and Reform Act of 1998, the Privacy Act of 1974, and the Paperwork Reduction Act of 1980 require that when we ask you for information we must first tell you what our legal right is to ask for the information, why we are asking for it, how it will be used, what could happen if we do not receive it, and whether your response is voluntary, required to obtain a benefit, or mandatory under the law. How do i file 2012 tax return A complete statement on this subject can be found in your tax form instructions. How do i file 2012 tax return Customer service for taxpayers. How do i file 2012 tax return  You can set up a personal appointment at the most convenient Taxpayer Assistance Center, on the most convenient business day. How do i file 2012 tax return See How To Get Tax Help in the back of this publication. How do i file 2012 tax return Preparer e-file mandate. How do i file 2012 tax return  Most paid preparers must e-file returns they prepare and file. How do i file 2012 tax return Your preparer may make you aware of this requirement and the options available to you. How do i file 2012 tax return Treasury Inspector General for Tax Administration. How do i file 2012 tax return   If you want to confidentially report misconduct, waste, fraud, or abuse by an IRS employee, you can call 1-800-366-4484 (call 1-800-877-8339 if you are deaf, hard of hearing, or have a speech disability, and are using TTY/TDD equipment). How do i file 2012 tax return You can remain anonymous. How do i file 2012 tax return Photographs of missing children. How do i file 2012 tax return  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. How do i file 2012 tax return Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. How do i file 2012 tax return You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. How do i file 2012 tax return Introduction This publication covers the general rules for filing a federal income tax return. How do i file 2012 tax return It supplements the information contained in your tax form instructions. How do i file 2012 tax return It explains the tax law to make sure you pay only the tax you owe and no more. How do i file 2012 tax return How this publication is arranged. How do i file 2012 tax return   This publication closely follows Form 1040, U. How do i file 2012 tax return S. How do i file 2012 tax return Individual Income Tax Return. How do i file 2012 tax return It is divided into six parts which cover different sections of Form 1040. How do i file 2012 tax return Each part is further divided into chapters which generally discuss one line of the form. How do i file 2012 tax return Do not worry if you file Form 1040A or Form 1040EZ. How do i file 2012 tax return Anything included on a line of either of these forms is also included on Form 1040. How do i file 2012 tax return   The table of contents inside the front cover and the index in the back of the publication are useful tools to help you find the information you need. How do i file 2012 tax return What is in this publication. How do i file 2012 tax return   The publication begins with the rules for filing a tax return. How do i file 2012 tax return It explains: Who must file a return, Which tax form to use, When the return is due, How to e-file your return, and Other general information. How do i file 2012 tax return It will help you identify which filing status you qualify for, whether you can claim any dependents, and whether the income you receive is taxable. How do i file 2012 tax return The publication goes on to explain the standard deduction, the kinds of expenses you may be able to deduct, and the various kinds of credits you may be able to take to reduce your tax. How do i file 2012 tax return   Throughout the publication are examples showing how the tax law applies in typical situations. How do i file 2012 tax return Also throughout the publication are flowcharts and tables that present tax information in an easy-to-understand manner. How do i file 2012 tax return   Many of the subjects discussed in this publication are discussed in greater detail in other IRS publications. How do i file 2012 tax return References to those other publications are provided for your information. How do i file 2012 tax return Icons. How do i file 2012 tax return   Small graphic symbols, or icons, are used to draw your attention to special information. How do i file 2012 tax return See Table 1 later for an explanation of each icon used in this publication. How do i file 2012 tax return What is not covered in this publication. How do i file 2012 tax return   Some material that you may find helpful is not included in this publication but can be found in your tax form instruction booklet. How do i file 2012 tax return This includes lists of: Where to report certain items shown on information documents, and Recorded tax information topics (TeleTax). How do i file 2012 tax return   If you operate your own business or have other self-employment income, such as from babysitting or selling crafts, see the following publications for more information. How do i file 2012 tax return Publication 334, Tax Guide for Small Business (For Individuals Who Use Schedule C or C-EZ). How do i file 2012 tax return Publication 535, Business Expenses. How do i file 2012 tax return Publication 587, Business Use of Your Home (Including Use by Daycare Providers). How do i file 2012 tax return Help from the IRS. How do i file 2012 tax return   There are many ways you can get help from the IRS. How do i file 2012 tax return These are explained under How To Get Tax Help in the back of this publication. How do i file 2012 tax return Comments and suggestions. How do i file 2012 tax return   We welcome your comments about this publication and your suggestions for future editions. How do i file 2012 tax return   You can write to us at the following address: Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. How do i file 2012 tax return NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. How do i file 2012 tax return Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. How do i file 2012 tax return   You can send your comments from www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/formspubs/. How do i file 2012 tax return Click on “More Information” and then on “Comment on Tax Forms and Publications”. How do i file 2012 tax return   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. How do i file 2012 tax return Ordering forms and publications. How do i file 2012 tax return   Visit www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/formspubs/ to download forms and publications, call 1-800-TAX-FORM (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. How do i file 2012 tax return Internal Revenue Service 1201 N. How do i file 2012 tax return Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. How do i file 2012 tax return   If you have a tax question, check the information available on IRS. How do i file 2012 tax return gov or call 1-800-829-1040. How do i file 2012 tax return We cannot answer tax questions sent to either of the above addresses. How do i file 2012 tax return IRS mission. How do i file 2012 tax return   Provide America's taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness to all. How do i file 2012 tax return Table 1. How do i file 2012 tax return Legend of Icons Icon Explanation Items that may cause you particular problems, or an alert about pending legislation that may be enacted after this publication goes to print. How do i file 2012 tax return An Internet site or an email address. How do i file 2012 tax return An address you may need. How do i file 2012 tax return Items you should keep in your personal records. How do i file 2012 tax return Items you may need to figure or a worksheet you may need to complete and keep for your records. How do i file 2012 tax return An important phone number. How do i file 2012 tax return Helpful information you may need. 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The How Do I File 2012 Tax Return

How do i file 2012 tax return Publication 4492-A - Main Contents Table of Contents DefinitionsKansas Disaster Area Storms and Tornadoes Casualty and Theft Losses Replacement Period for Nonrecognition of Gain Net Operating Losses IRAs and Other Retirement PlansDefinitions Taxation of Qualified Recovery Assistance Distributions Repayment of Qualified Recovery Assistance Distributions How To Report Qualified Recovery Assistance Distributions Repayment of Qualified Distributions for the Purchase or Construction of a Main Home Loans From Qualified Plans Additional Tax Relief for BusinessesSpecial Depreciation Allowance Increased Section 179 Deduction Employee Retention Credit Demolition and Clean-up Costs Request for Copy or Transcript of Tax Return How To Get Tax HelpLow Income Taxpayer Clinics (LITCs). How do i file 2012 tax return Definitions The following definitions are used throughout this publication. How do i file 2012 tax return Kansas Disaster Area The Kansas disaster area covers the Kansas counties of Barton, Clay, Cloud, Comanche, Dickinson, Edwards, Ellsworth, Kiowa, Leavenworth, Lyon, McPherson, Osage, Osborne, Ottawa, Phillips, Pottawatomie, Pratt, Reno, Rice, Riley, Saline, Shawnee, Smith, and Stafford. How do i file 2012 tax return Storms and Tornadoes The term “storms and tornadoes” as used in this publication, refers to the storms and tornadoes that began on May 4, 2007, and affected the Kansas disaster area (defined above). How do i file 2012 tax return Casualty and Theft Losses The following paragraphs explain changes to casualty and theft losses that occurred in the Kansas disaster area. How do i file 2012 tax return Limits on personal casualty or theft losses in the Kansas disaster area. How do i file 2012 tax return   Losses of personal use property that arose in the Kansas disaster area after May 3, 2007, are not subject to the $100 or 10% of adjusted gross income limits. How do i file 2012 tax return Qualifying losses include losses from casualties and thefts that arose in the disaster area and that were attributable to the storms and tornadoes. How do i file 2012 tax return When to deduct the loss. How do i file 2012 tax return   Casualty and theft losses are generally deductible only in the year the casualty occurred or the theft was discovered. How do i file 2012 tax return However, the Kansas disaster area is a Presidentially declared disaster. How do i file 2012 tax return Therefore, you could have elected to deduct losses from these storms and tornadoes on your tax return for the previous year. How do i file 2012 tax return The deadline for making this election has expired. How do i file 2012 tax return   The following special instructions explain how to complete your forms if you deduct the loss in 2007 or elected to deduct the loss in 2006. How do i file 2012 tax return Special instructions for individuals who file Form 4684 to claim a Kansas disaster area casualty or theft loss for 2007 or are amending their 2006 return. How do i file 2012 tax return   Individuals filing or amending their 2007 tax return or amending their 2006 tax return for casualty or theft losses that were attributable to the storms and tornadoes should enter “Kansas Disaster Area” at the top of Form 1040 or 1040X. How do i file 2012 tax return They must also complete and attach the 2006 version of Form 4684 for either year and enter “Kansas Disaster Area” on the top and on the dotted line next to line 11 and enter -0- on line 11. How do i file 2012 tax return Individuals filing or amending their 2007 tax return should cross out “2006” and enter “2007” at the top of Form 4684. How do i file 2012 tax return They must also enter the amount from line 21 of that form on line 20 of Schedule A (Form 1040). How do i file 2012 tax return Replacement Period for Nonrecognition of Gain Generally, an involuntary conversion occurs when property is damaged, destroyed, stolen, seized, requisitioned, or condemned, and you receive other property or money in payment, such as insurance or a condemnation award. How do i file 2012 tax return Generally, you do not have to report a gain (if any) if you replace the property within 2 years (4 years for a main home in a Presidentially declared disaster area). How do i file 2012 tax return However, for property that was involuntarily converted after May 3, 2007, as a result of the storms and tornadoes, a 5-year replacement period applies if substantially all of the use of the replacement property is in the Kansas disaster area. How do i file 2012 tax return For more information, see the Instructions for Form 4684. How do i file 2012 tax return Net Operating Losses Qualified recovery assistance loss. How do i file 2012 tax return   Generally, you can carry a net operating loss (NOL) back to the 2 tax years before the NOL year. How do i file 2012 tax return However, the portion of an NOL that is a qualified recovery assistance loss can be carried back to the 5 tax years before the NOL year. How do i file 2012 tax return In addition, the 90% limit on the alternative tax NOL deduction (ATNOLD) does not apply to such portion of the ATNOLD. How do i file 2012 tax return   A qualified recovery assistance loss is the smaller of: The excess of the NOL for the year over the specified liability loss for the year to which a 10-year carryback applies, or The total of the following deductions (to the extent they are taken into account in computing the NOL for the tax year): Qualified recovery assistance casualty loss (as defined below), Moving expenses paid or incurred after May 3, 2007, and before January 1, 2010, for the employment of an individual whose main home was in the Kansas disaster area before May 4, 2007, who was unable to remain in that home because of the storms and tornadoes, and whose main job location (after the move) is in the Kansas disaster area, Temporary housing expenses paid or incurred after May 3, 2007, and before January 1, 2010, to house employees of the taxpayer whose main job location is in the Kansas disaster area, Depreciation or amortization allowable for any qualified recovery assistance property (even if you elected not to claim the special recovery assistance depreciation allowance for such property) for the year placed in service, and Repair expenses (including expenses for the removal of debris) paid or incurred after May 3, 2007, and before January 1, 2010, for any damage from the storms and tornadoes to property located in the Kansas disaster area. How do i file 2012 tax return Qualified recovery assistance casualty loss. How do i file 2012 tax return   A qualified recovery assistance casualty loss is any deductible section 1231 loss of property located in the Kansas disaster area if the loss was caused by the storms and tornadoes. How do i file 2012 tax return For this purpose, the amount of the loss is reduced by any recognized gain from an involuntary conversion caused by the storms and tornadoes of property located in the Kansas disaster area. How do i file 2012 tax return Any such loss taken into account in figuring your qualified recovery assistance loss is not eligible for the election to be treated as having occurred in the previous tax year. How do i file 2012 tax return Amended return. How do i file 2012 tax return   If you have already filed your 2007 tax return and then carried your NOL back 2 years, you may file an amended return to carry back for 5 years your NOL attributable to a qualified recovery assistance loss. How do i file 2012 tax return More information. How do i file 2012 tax return    For more information on NOLs, see Publication 536. How do i file 2012 tax return IRAs and Other Retirement Plans New rules provide for tax-favored withdrawals, repayments, and loans from certain retirement plans for individuals who suffered economic losses as a result of the storms and tornadoes. How do i file 2012 tax return Definitions Qualified recovery assistance distribution. How do i file 2012 tax return   Except as provided below, a qualified recovery assistance distribution is any distribution you received and designated as such from an eligible retirement plan if all of the following apply. How do i file 2012 tax return The distribution was made after May 3, 2007, and before January 1, 2009. How do i file 2012 tax return Your main home was located in the Kansas disaster area on May 4, 2007. How do i file 2012 tax return You sustained an economic loss because of the storms and tornadoes. How do i file 2012 tax return Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. How do i file 2012 tax return   If (1) through (3) above apply, you can generally designate any distribution (including periodic payments and required minimum distributions) from an eligible retirement plan as a qualified recovery assistance distribution, regardless of whether the distribution was made on account of the storms and tornadoes. How do i file 2012 tax return Qualified recovery assistance distributions are permitted without regard to your need or the actual amount of your economic loss. How do i file 2012 tax return   The total of your qualified recovery assistance distributions from all plans is limited to $100,000. How do i file 2012 tax return If you have distributions in excess of $100,000 from more than one type of plan, such as a 401(k) plan and an IRA, you may allocate the $100,000 limit among the plans any way you choose. How do i file 2012 tax return   A reduction or offset after May 3, 2007, of your account balance in an eligible retirement plan in order to repay a loan can also be designated as a qualified recovery assistance distribution. How do i file 2012 tax return Eligible retirement plan. How do i file 2012 tax return   An eligible retirement plan can be any of the following. How do i file 2012 tax return A qualified pension, profit-sharing, or stock bonus plan (including a 401(k) plan). How do i file 2012 tax return A qualified annuity plan. How do i file 2012 tax return A tax-sheltered annuity contract. How do i file 2012 tax return A governmental section 457 deferred compensation plan. How do i file 2012 tax return A traditional, SEP, SIMPLE, or Roth IRA. How do i file 2012 tax return Main home. How do i file 2012 tax return   Generally, your main home is the home where you live most of the time. How do i file 2012 tax return A temporary absence due to special circumstances, such as illness, education, business, military service, evacuation, or vacation, will not change your main home. How do i file 2012 tax return Taxation of Qualified Recovery Assistance Distributions Qualified recovery assistance distributions are included in income in equal amounts over three years. How do i file 2012 tax return However, if you elect, you can include the entire distribution in your income in the year it was received. How do i file 2012 tax return Qualified recovery assistance distributions are not subject to the additional 10% tax (or the additional 25% tax for certain distributions from SIMPLE IRAs) on early distributions from qualified retirement plans (including IRAs). How do i file 2012 tax return However, any distributions you receive in excess of the $100,000 qualified recovery assistance distribution limit may be subject to the additional tax on early distributions. How do i file 2012 tax return For more information, see How To Report Qualified Recovery Assistance Distributions on page 4. How do i file 2012 tax return Repayment of Qualified Recovery Assistance Distributions If you choose, you generally can repay any portion of a qualified recovery assistance distribution that is eligible for tax-free rollover treatment to an eligible retirement plan. How do i file 2012 tax return Also, you can repay a qualified recovery assistance distribution made on account of a hardship from a retirement plan. How do i file 2012 tax return However, see Exceptions below for qualified recovery assistance distributions you cannot repay. How do i file 2012 tax return You have three years from the day after the date you received the distribution to make a repayment. How do i file 2012 tax return Amounts that are repaid are treated as a qualified rollover and are not included in income. How do i file 2012 tax return Also, for purposes of the one-rollover-per-year limitation for IRAs, a repayment to an IRA is not considered a qualified rollover. How do i file 2012 tax return See Form 8915 for more information on how to report repayments. How do i file 2012 tax return Exceptions. How do i file 2012 tax return   You cannot repay the following types of distributions. How do i file 2012 tax return Qualified recovery assistance distributions received as a beneficiary (other than a surviving spouse). How do i file 2012 tax return Required minimum distributions. How do i file 2012 tax return Periodic payments (other than from an IRA) that are for: A period of 10 years or more, Your life or life expectancy, or The joint lives or joint life expectancies of you and your beneficiary. How do i file 2012 tax return How To Report Qualified Recovery Assistance Distributions You will need the following information to correctly report any 2007 or 2008 qualified recovery assistance distributions. How do i file 2012 tax return 2007 Qualified Recovery Assistance Distributions If you received a distribution after May 3, 2007, from an eligible retirement plan, you may be able to designate it as a qualified recovery assistance distribution. How do i file 2012 tax return See Qualified recovery assistance distribution on page 3. How do i file 2012 tax return If you have not filed your 2007 income tax return, see Form 8915 and Form 8606 on this page to see how to complete these forms for any qualified recovery assistance distributions. How do i file 2012 tax return Be sure to attach Form 8915 and Form 8606 (if required) to your 2007 income tax return. How do i file 2012 tax return If you have filed your 2007 income tax return, you will need to amend your return to designate any distributions as qualified recovery assistance distributions. How do i file 2012 tax return You can amend your 2007 income tax return by using Form 1040X. How do i file 2012 tax return You will need to complete and attach Form 8915 and Form 8606 (if required) to your amended income tax return for any qualified recovery assistance distributions. How do i file 2012 tax return See Form 8915 and Form 8606 on this page. How do i file 2012 tax return Form 8915. How do i file 2012 tax return   For a 2007 qualified recovery assistance distribution, complete the 2005 Form 8915, Qualified Hurricane Retirement Plan Distributions and Repayments. How do i file 2012 tax return Before you complete the form, modify the form as follows. How do i file 2012 tax return Cross out “Hurricane” in the title at the top of the form and enter “Recovery Assistance. How do i file 2012 tax return ” To the right of the title, cross out “2005” and enter “2007. How do i file 2012 tax return ” In Part I, at the top of column (a), cross out “2005” and enter “2007. How do i file 2012 tax return ” In Part II, cross out “Hurricane” in the title and enter “Recovery Assistance. How do i file 2012 tax return ” On lines 10 and 11, cross out “2005” and enter “2007. How do i file 2012 tax return ” In Part III, cross out “Hurricane” in the title and enter “Recovery Assistance. How do i file 2012 tax return ” On line 12, cross out “hurricane” and enter “recovery assistance. How do i file 2012 tax return ” On lines 13 and 14, cross out “line 15b” and “line 25b. How do i file 2012 tax return ” On lines 18 and 19, cross out “2005” and enter “2007. How do i file 2012 tax return ”   You can now complete Form 8915. How do i file 2012 tax return For the instructions, use the applicable dates and terms in this publication instead of those used in the 2005 Form 8915 instructions. How do i file 2012 tax return See Example 1 on page 5 to see how to complete Form 8915. How do i file 2012 tax return Form 8606. How do i file 2012 tax return   For a 2007 qualified recovery assistance distribution, complete or amend the 2007 Form 8606, Nondeductible IRAs. How do i file 2012 tax return Before you complete or amend the form, use the following additional instructions. How do i file 2012 tax return Form 8606, Part I. How do i file 2012 tax return    On line 6, subtract any repayments of qualified recovery assistance distributions from the amount you would otherwise enter on line 6. How do i file 2012 tax return Do not enter an amount less than -0-. How do i file 2012 tax return Include on line 7 the amount of any qualified recovery assistance distributions that you received even if they were later repaid. How do i file 2012 tax return Complete line 15 as follows. How do i file 2012 tax return If all of your distributions are qualified recovery assistance distributions, enter the amount from line 15 on Form 8915, line 13. How do i file 2012 tax return Do not enter this amount on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b. How do i file 2012 tax return If you have qualified recovery assistance distributions as well as other distributions, you will need to multiply the amount on line 15 by a fraction. How do i file 2012 tax return The numerator of the fraction is your total qualified recovery assistance distributions and the denominator is the amount from Form 8606, line 7. How do i file 2012 tax return Enter the result in the white space in the bottom margin of the form under line 15. How do i file 2012 tax return To the left of this amount, enter “Qualified recovery assistance distributions” and also enter this amount on Form 8915, line 13. How do i file 2012 tax return Then, subtract this amount from the amount on line 15 and include the result on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b. How do i file 2012 tax return Also, enter this amount on Form 8606 under your qualified recovery assistance distributions. How do i file 2012 tax return To the left of this amount, enter “Other distributions. How do i file 2012 tax return ” Form 8606, Part III. How do i file 2012 tax return    Include on line 19 the amount of any qualified recovery assistance distributions that you received even if they were later repaid. How do i file 2012 tax return Complete line 25 as follows. How do i file 2012 tax return If all of your distributions are qualified recovery assistance distributions, enter the amount from line 25 on Form 8915, line 14. How do i file 2012 tax return Do not enter this amount on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b. How do i file 2012 tax return If you have qualified recovery assistance distributions as well as other distributions, you will need to multiply the amount on line 25 by a fraction. How do i file 2012 tax return The numerator of the fraction is your total qualified recovery assistance distributions and the denominator is the amount from Form 8606, line 21. How do i file 2012 tax return Enter the result in the white space in the bottom margin of the form under line 25. How do i file 2012 tax return To the left of this amount, enter “Qualified recovery assistance distributions” and also enter this amount on Form 8915, line 14. How do i file 2012 tax return Then, subtract this amount from the amount on line 25 and include the result on Form 1040, line 15b; Form 1040A, line 11b; or Form 1040NR, line 16b. How do i file 2012 tax return Also, enter this amount on Form 8606 under your qualified recovery assistance distributions. How do i file 2012 tax return To the left of this amount, enter “Other distributions. How do i file 2012 tax return ” Example 1. How do i file 2012 tax return   On May 4, 2007, Margaret Maple lost her home due to the tornadoes on that day. How do i file 2012 tax return Her home was located in the Kansas disaster area. How do i file 2012 tax return On July 31, 2007, Margaret took out $30,000 from her 401(k) plan and an additional $15,000 from her traditional IRA in order to rebuild her home. How do i file 2012 tax return Margaret has not filed her 2007 return yet but would like to designate the $45,000 in distributions from her retirement plans as qualified recovery assistance distributions. How do i file 2012 tax return Since the distributions occurred in 2007, Margaret would modify and complete the 2005 Form 8915 as discussed on page 4. How do i file 2012 tax return Margaret would also need to complete Form 8606 since her distribution from her traditional IRA has nondeductible contributions from previous years. How do i file 2012 tax return   In addition to the $15,000 qualified recovery assistance distribution on July 31, 2007, Margaret received an additional distribution of $15,000 from her traditional IRA on October 31, 2007, that she did not designate as a qualified recovery assistance distribution. How do i file 2012 tax return Because Margaret has a qualified recovery assistance distribution as well as a distribution not so designated, Margaret must allocate the amount on Form 8606, line 15 to both distributions, as discussed earlier. How do i file 2012 tax return Margaret's qualified recovery assistance distributions are $13,125 ($26,250 × $15,000 ÷ $30,000). How do i file 2012 tax return Margaret enters in the white space in the bottom margin of Form 8606, the following, “Qualified recovery assistance distributions $13,125. How do i file 2012 tax return ” This amount is then reported on Form 8915, line 13. How do i file 2012 tax return Below this entry, Margaret enters “Other distributions $13,125,” and includes this amount on Form 1040, line 15b. How do i file 2012 tax return See Margaret's modified 2005 Form 8915 and 2007 Form 8606 shown on pages 6 through 8. How do i file 2012 tax return This image is too large to be displayed in the current screen. How do i file 2012 tax return Please click the link to view the image. How do i file 2012 tax return 2005 Form 8915, page 1, Illustrated Example 1. How do i file 2012 tax return This image is too large to be displayed in the current screen. How do i file 2012 tax return Please click the link to view the image. How do i file 2012 tax return 2005 Form 8915, page 2, Illustrated Example 1 This image is too large to be displayed in the current screen. How do i file 2012 tax return Please click the link to view the image. How do i file 2012 tax return Form 8606, page 1, Illustrated Example 1 2008 Qualified Recovery Assistance Distributions If you received a distribution in 2008 from an eligible retirement plan, you may be able to designate it as a qualified recovery assistance distribution. How do i file 2012 tax return See Qualified recovery assistance distribution on page 3. How do i file 2012 tax return You will need to complete and attach Form 8915 and Form 8606 (if required) to your 2008 income tax return for any qualified recovery assistance distributions. How do i file 2012 tax return See Form 8915 and Form 8606 below. How do i file 2012 tax return Form 8915. How do i file 2012 tax return   For a 2008 qualified recovery assistance distribution, you will need to complete the 2006 Form 8915. How do i file 2012 tax return Before you complete the form, modify the form as follows. How do i file 2012 tax return Cross out “Hurricane” in the title at the top of the form and enter “Recovery Assistance. How do i file 2012 tax return ” To the right of the title, cross out “2006” and enter “2008. How do i file 2012 tax return ” In the first sentence of Part I and on line 1, cross out “hurricane” and enter “recovery assistance,” cross out “2006” and enter “2008,” and cross out “2005” and enter “2007. How do i file 2012 tax return ” At the top of column (a) cross out “2006” and enter “2008. How do i file 2012 tax return ” In Part II, cross out “Hurricane” in the title and enter “Recovery Assistance. How do i file 2012 tax return ” On lines 12, 14, and 15, cross out “2005” and enter “2007. How do i file 2012 tax return ” On lines 17 and 19, cross out “2006” and enter “2008. How do i file 2012 tax return ” In Part III, cross out “Hurricane” in the title and enter “Recovery Assistance. How do i file 2012 tax return ” On line 21, cross out “hurricane” and enter “recovery assistance. How do i file 2012 tax return ” On lines 22 and 23, cross out “line 15b” and “line 25b. How do i file 2012 tax return ” On lines 27, 29, and 30, cross out “2005” and enter “2007. How do i file 2012 tax return ” On lines 32 and 34, cross out “2006” and enter “2008. How do i file 2012 tax return ”   You can now complete Form 8915. How do i file 2012 tax return For the instructions, use the applicable dates and terms in this publication instead of those used in the 2006 Form 8915 instructions. How do i file 2012 tax return Example 2. How do i file 2012 tax return   On June 15, 2008, Margaret Maple, from the previous example, took out $15,000 from her 401(k) plan that she is designating as a qualified recovery assistance distribution. How do i file 2012 tax return Since the distribution occurred in 2008, Margaret would modify and complete the 2006 Form 8915 as discussed above. How do i file 2012 tax return Also, since Margaret is including her 2007 recovery assistance distributions in income over 3 years, she reports the applicable amount of those distributions on the modified 2006 Form 8915. How do i file 2012 tax return See Margaret's modified 2006 Form 8915 shown on pages 9 and 10. How do i file 2012 tax return This image is too large to be displayed in the current screen. How do i file 2012 tax return Please click the link to view the image. How do i file 2012 tax return 2006 Form 8915, page 1, Illustrated Example 2 This image is too large to be displayed in the current screen. How do i file 2012 tax return Please click the link to view the image. How do i file 2012 tax return 2006 Form 8915, page 2, Illustrated Example 2 Form 8606. How do i file 2012 tax return   For a 2008 qualified recovery assistance distribution, you may need to complete the 2008 Form 8606. How do i file 2012 tax return Before you complete Form 8606, use the additional instructions outlined in Form 8606, Part I, on page 4 and Form 8606, Part III, on this page. How do i file 2012 tax return Repayment of Qualified Distributions for the Purchase or Construction of a Main Home If you received a qualified distribution to purchase or construct a main home in the Kansas disaster area, you can repay part or all of that distribution after May 3, 2007, but no later than October 22, 2008, to an eligible retirement plan. How do i file 2012 tax return For this purpose, an eligible retirement plan is any plan, annuity, or IRA to which a qualified rollover can be made. How do i file 2012 tax return To be a qualified distribution, the distribution must meet all of the following requirements. How do i file 2012 tax return The distribution is a hardship distribution from a 401(k) plan, a hardship distribution from a tax-sheltered annuity contract, or a qualified first-time homebuyer distribution from an IRA. How do i file 2012 tax return The distribution was received after November 4, 2006, and before May 5, 2007. How do i file 2012 tax return The distribution was to be used to purchase or construct a main home in the Kansas disaster area that was not purchased or constructed because of the storms and tornadoes. How do i file 2012 tax return Amounts that are repaid before October 23, 2008, are treated as a qualified rollover and are not included in income. How do i file 2012 tax return Also, for purposes of the one-rollover-per-year limitation for IRAs, a repayment to an IRA is not considered a qualified rollover. How do i file 2012 tax return A qualified distribution not repaid before October 23, 2008, may be taxable for 2006 or 2007 and subject to the additional 10% tax (or the additional 25% tax for certain SIMPLE IRAs) on early distributions. How do i file 2012 tax return You must file Form 8915 if you received a qualified distribution that you repaid, in whole or in part, before October 23, 2008. How do i file 2012 tax return See How to report, next, for information on completing Form 8915. How do i file 2012 tax return How to report. How do i file 2012 tax return   To report the repayment of a qualified distribution for the purchase or construction of a main home that was not purchased or constructed due to the storms and tornadoes, use the 2005 Form 8915, Part IV. How do i file 2012 tax return Before you complete the form, modify the form as follows. How do i file 2012 tax return Cross out “Hurricane” in the title at the top of the form and enter “Recovery Assistance. How do i file 2012 tax return ” To the right of the title, cross out “2005” and enter “2006” or “2007. How do i file 2012 tax return ” Enter only the year the distribution was received. How do i file 2012 tax return Cross out “Hurricane” in the title of Part IV and enter “Kansas. How do i file 2012 tax return ” In the sentence below the title of Part IV, cross out “March 1, 2006” and enter “October 23, 2008. How do i file 2012 tax return ” On line 24, cross out “March 1, 2006” and enter “October 23, 2008. How do i file 2012 tax return ” You can now complete Part IV of Form 8915. How do i file 2012 tax return Use the applicable dates and terms in this publication instead of those used in the 2005 Form 8915 instructions to complete the form. How do i file 2012 tax return Attach Form 8915 to your original or amended return for the year of the distribution. How do i file 2012 tax return Amended return. How do i file 2012 tax return   If you repay part or all of a qualified distribution by October 22, 2008, you will need to file an amended return for that part of a distribution that was previously included in income. How do i file 2012 tax return Loans From Qualified Plans The following benefits are available to qualified individuals. How do i file 2012 tax return Increases to the limits for distributions treated as loans from employer plans. How do i file 2012 tax return A 1-year suspension for payments due on plan loans. How do i file 2012 tax return Qualified individual. How do i file 2012 tax return   You are a qualified individual if your main home on May 4, 2007, was located in the Kansas disaster area and you had an economic loss because of the storms and tornadoes. How do i file 2012 tax return Examples of an economic loss include, but are not limited to: Loss, damage to, or destruction of real or personal property from fire, flooding, looting, vandalism, theft, wind, or other cause; Loss related to displacement from your home; or Loss of livelihood due to temporary or permanent layoffs. How do i file 2012 tax return Limits on plan loans. How do i file 2012 tax return   The $50,000 limit for distributions treated as plan loans is increased to $100,000. How do i file 2012 tax return In addition, the limit based on 50% of your vested accrued benefit is increased to 100% of that benefit. How do i file 2012 tax return If your home was located in the Kansas disaster area, the higher limits apply only to loans received during the period beginning on May 22, 2008, and ending on December 31, 2008. How do i file 2012 tax return One-year suspension of loan payments. How do i file 2012 tax return   Payments on plan loans outstanding after May 3, 2007, may be suspended for 1 year by the plan administrator. How do i file 2012 tax return To qualify for the suspension, the due date for any loan payment must occur during the period beginning on May 4, 2007, and ending on December 31, 2008. How do i file 2012 tax return Additional Tax Relief for Businesses Special Depreciation Allowance You can take a special depreciation allowance for qualified recovery assistance property (as defined below) you acquire after May 4, 2007. How do i file 2012 tax return The special allowance is an additional deduction of 50% of the property's depreciable basis (after any section 179 deduction and before figuring your regular depreciation deduction). How do i file 2012 tax return The special allowance applies only for the first year the property is placed in service. How do i file 2012 tax return The special allowance is deductible for both the regular tax and the alternative minimum tax (AMT). How do i file 2012 tax return There is no AMT adjustment required for any depreciation figured on the remaining basis of the property. How do i file 2012 tax return You can elect not to deduct the special allowance for qualified recovery assistance property. How do i file 2012 tax return If you make this election for any property, it applies to all property in the same class placed in service during the year. How do i file 2012 tax return Qualified recovery assistance property. How do i file 2012 tax return   Property that qualifies for the special allowance for qualified recovery assistance property includes the following. How do i file 2012 tax return Tangible property depreciated under the modified accelerated cost recovery system (MACRS) with a recovery period of 20 years or less. How do i file 2012 tax return Water utility property. How do i file 2012 tax return Computer software that is readily available for purchase by the general public, is subject to a nonexclusive license, and has not been substantially modified. How do i file 2012 tax return (The cost of some computer software is treated as part of the cost of hardware and is depreciated under MACRS. How do i file 2012 tax return ) Qualified leasehold improvement property. How do i file 2012 tax return Nonresidential real property and residential rental property. How do i file 2012 tax return   For more information on this property, see Publication 946. How do i file 2012 tax return Other tests to be met. How do i file 2012 tax return   To be qualified recovery assistance property, the property must also meet all of the following tests. How do i file 2012 tax return You must have acquired the property, by purchase, after May 4, 2007, but only if no binding written contract for the acquisition was in effect before May 5, 2007. How do i file 2012 tax return The property must be placed in service before 2009 (2010 in the case of nonresidential real property and residential rental property). How do i file 2012 tax return Substantially all of the use of the property must be in the Kansas disaster area and in the active conduct of your trade or business in the Kansas disaster area. How do i file 2012 tax return The original use of the property in the Kansas disaster area must begin with you after May 4, 2007. How do i file 2012 tax return Used property can be qualified recovery assistance property if it has not previously been used within the Kansas disaster area. How do i file 2012 tax return Also, additional capital expenditures you incurred after May 4, 2007, to recondition or rebuild your property meet the original use test if the original use of the property in the Kansas disaster area began with you. How do i file 2012 tax return Excepted property. How do i file 2012 tax return   Qualified recovery assistance property does not include any of the following. How do i file 2012 tax return Property required to be depreciated using the Alternative Depreciation System (ADS). How do i file 2012 tax return Property any portion of which is financed with the proceeds of a tax-exempt obligation under section 103. How do i file 2012 tax return Property for which you are claiming a commercial revitalization deduction. How do i file 2012 tax return Property in the same class as that for which you elected not to claim the special allowance for qualified recovery assistance property. How do i file 2012 tax return Property placed in service and disposed of in the same tax year. How do i file 2012 tax return Property converted from business use to personal use in the same tax year it is placed in service. How do i file 2012 tax return Property converted from personal use to business use in the same or later tax year may be qualified recovery assistance property. How do i file 2012 tax return Recapture of special allowance. How do i file 2012 tax return   If, in any year after the year you claim the special allowance, the property ceases to be qualified recovery assistance property, you may have to recapture as ordinary income any excess benefit you received from claiming the special allowance. How do i file 2012 tax return Amended return. How do i file 2012 tax return   If you have already filed your tax return, you may have to amend that return to claim any special allowance. How do i file 2012 tax return Additional guidance will be published on how you may claim, or elect not to claim, the special allowance if you have already filed your tax return. How do i file 2012 tax return Increased Section 179 Deduction An increased section 179 deduction is allowable for qualified section 179 recovery assistance property (as defined later) placed in service in the Kansas disaster area. How do i file 2012 tax return Increased dollar limit. How do i file 2012 tax return   The limit on the section 179 deduction ($125,000 for 2007, $250,000 for 2008) is increased by the smaller of: $100,000, or The cost of qualified section 179 recovery assistance property placed in service during the year (including such property placed in service by your spouse, even if you are filing a separate return). How do i file 2012 tax return   The amount for which you can make the election is reduced if the cost of all section 179 property you placed in service during the year exceeds $500,000 for 2007 and $800,000 for 2008 increased by the smaller of: $600,000, or The cost of qualified section 179 recovery assistance property placed in service during the year. How do i file 2012 tax return Qualified section 179 recovery assistance property. How do i file 2012 tax return   Qualified section 179 recovery assistance property is section 179 property that is qualified recovery assistance property (explained earlier under Special Depreciation Allowance). How do i file 2012 tax return Section 179 property does not include nonresidential real property or residential rental property. How do i file 2012 tax return For more information, including the requirements that must be met for property to qualify for the section 179 deduction, see chapter 2 of Publication 946. How do i file 2012 tax return Amended return. How do i file 2012 tax return   If you have already filed your tax return, you may have to amend that return for any increased section 179 deduction. How do i file 2012 tax return Employee Retention Credit An eligible employer who conducted an active trade or business in the Kansas disaster area can claim the employee retention credit. How do i file 2012 tax return The credit is 40% of qualified wages for each eligible employee (up to a maximum of $6,000 in qualified wages per employee). How do i file 2012 tax return Generally, you must reduce your deduction for salaries and wages by the amount of this credit (before the tax liability limit). How do i file 2012 tax return Use Form 5884-A to claim the credit. How do i file 2012 tax return See Form 5884-A later. How do i file 2012 tax return The following rules and definitions apply. How do i file 2012 tax return Employers affected by the storms and tornadoes. How do i file 2012 tax return   The following definitions apply to employers affected by the storms and tornadoes. How do i file 2012 tax return Eligible employer. How do i file 2012 tax return   For this purpose, an eligible employer is any employer who meets all of the following. How do i file 2012 tax return Employed an average of not more than 200 employees on business days during the tax year before May 4, 2007. How do i file 2012 tax return Conducted an active trade or business on May 4, 2007, in the Kansas disaster area. How do i file 2012 tax return Whose trade or business was inoperable on any day after May 4, 2007, and before January 1, 2008, because of damage caused by the storms and tornadoes. How do i file 2012 tax return Eligible employee. How do i file 2012 tax return   For this purpose, an eligible employee is an employee whose principal place of employment on May 4, 2007, with the eligible employer was in the Kansas disaster area. How do i file 2012 tax return An employee is not an eligible employee for purposes of the storms and tornadoes if the employee is treated as an eligible employee for the work opportunity credit. How do i file 2012 tax return Qualified wages. How do i file 2012 tax return   Qualified wages are wages you paid or incurred before January 1, 2008, (up to $6,000 per employee) for an eligible employee beginning on the date your trade or business first became inoperable at the employee's principal place of employment immediately before May 4, 2007, and ending on the date your trade or business resumed significant operations at that place. How do i file 2012 tax return In addition, the wages must have been paid or incurred after May 4, 2007. How do i file 2012 tax return    This includes wages paid even if the employee performed no services, performed services at a place of employment other than the principal place of employment, or performed services at the principal place of employment before significant operations resumed. How do i file 2012 tax return    Wages qualifying for the credit generally have the same meaning as wages subject to the Federal Unemployment Tax Act (FUTA). How do i file 2012 tax return Qualified wages also include amounts you paid for medical or hospitalization expenses in connection with sickness or accident disability. How do i file 2012 tax return Qualified wages for any employee must be reduced by the amount of any work supplementation payment you received under the Social Security Act. How do i file 2012 tax return   For agricultural employees, if the work performed by any employee during more than half of any pay period qualified under FUTA as agricultural labor, that employee's wages subject to social security and Medicare taxes are qualified wages. How do i file 2012 tax return For a special rule that applies to railroad employees, see section 51(h)(1)(B). How do i file 2012 tax return   Qualified wages do not include the following. How do i file 2012 tax return Wages paid to your dependent or a related individual. How do i file 2012 tax return See section 51(i)(1). How do i file 2012 tax return Wages paid to any employee during the period for which you received payment for the employee from a federally funded on-the-job training program. How do i file 2012 tax return Wages for services of replacement workers during a strike or lockout. How do i file 2012 tax return Form 5884-A. How do i file 2012 tax return   Use Section A of Form 5884-A (Rev. How do i file 2012 tax return October 2006) to claim the employer retention credit. How do i file 2012 tax return Section B does not apply to the Kansas disaster area. How do i file 2012 tax return Before you complete the form, modify the form as follows. How do i file 2012 tax return Cross out “Hurricane Katrina, Rita, or Wilma” in the title at the top of the form and enter “Kansas Storms and Tornadoes. How do i file 2012 tax return ” On line 1a cross out “Hurricane Katrina” and enter “Kansas Storms and Tornadoes,” cross out “August 28, 2005,” and enter “May 4, 2007,” and cross out “January 1, 2006,” and enter “January 1, 2008. How do i file 2012 tax return ”   Complete the form as instructed. How do i file 2012 tax return Lines 1b and 1c do not apply. How do i file 2012 tax return Include the amount from Form 5884-A, line 4 in the amount entered on Form 3800, line 1x. How do i file 2012 tax return On the dotted line to the left of line 1x, enter “5884-A. How do i file 2012 tax return ” Use the applicable dates and terms in this publication instead of those used in the Form 5884-A instructions. How do i file 2012 tax return Amended return. How do i file 2012 tax return   You may have to amend a previously filed return to claim the employee retention credit. How do i file 2012 tax return Demolition and Clean-up Costs You can elect to deduct 50% of any qualified recovery assistance clean-up costs for the tax year in which the costs are paid or incurred, instead of capitalizing them. How do i file 2012 tax return Qualified recovery assistance clean-up costs are any amounts paid or incurred after May 3, 2007, and before January 1, 2010, for the removal of debris from, or the demolition of structures on, real property located in the Kansas disaster area that is: Held by you for use in a trade or business or for the production of income, or Inventory or other property held primarily for sale to customers in the ordinary course of your trade or business. How do i file 2012 tax return Amended return. How do i file 2012 tax return   If you have already filed your tax return, you may have to amend that return to claim the 50% of any qualified recovery assistance clean-up costs. How do i file 2012 tax return Request for Copy or Transcript of Tax Return Request for copy of tax return. How do i file 2012 tax return   You can use Form 4506 to order a copy of your tax return. How do i file 2012 tax return Generally, there is a $39. How do i file 2012 tax return 00 fee (subject to change) for requesting each copy of a tax return. How do i file 2012 tax return If your main home, principal place of business, or tax records are located in a Presidentially declared disaster area, the fee will be waived if the assigned disaster designation (for example, “Kansas Storms”) is written in red across the top of the form when filed. How do i file 2012 tax return Request for transcript of tax return. How do i file 2012 tax return   You can use Form 4506-T to order a free transcript of your tax return. How do i file 2012 tax return A transcript provides most of the line entries from a tax return and usually contains the information that a third party requires. How do i file 2012 tax return You can also call 1-800-829-1040 to order a transcript. How do i file 2012 tax return How To Get Tax Help You can get help with unresolved tax issues, order free publications and forms, ask tax questions, and get information from the IRS in several ways. How do i file 2012 tax return By selecting the method that is best for you, you will have quick and easy access to tax help. How do i file 2012 tax return Contacting your Taxpayer Advocate. How do i file 2012 tax return   The Taxpayer Advocate Service (TAS) is an independent organization within the IRS whose employees assist taxpayers who are experiencing economic harm, who are seeking help in resolving tax problems that have not been resolved through normal channels, or who believe that an IRS system or procedure is not working as it should. How do i file 2012 tax return   You can contact the TAS by calling the TAS toll-free case intake line at 1-877-777-4778 or TTY/TDD 1-800-829-4059 to see if you are eligible for assistance. How do i file 2012 tax return You can also call or write to your local taxpayer advocate, whose phone number and address are listed in your local telephone directory and in Publication 1546, Taxpayer Advocate Service — Your Voice at the IRS. How do i file 2012 tax return You can file Form 911, Request for Taxpayer Advocate Service Assistance (And Application for Taxpayer Assistance Order), or ask an IRS employee to complete it on your behalf. How do i file 2012 tax return For more information, go to www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/advocate. How do i file 2012 tax return Low Income Taxpayer Clinics (LITCs). How do i file 2012 tax return   LITCs are independent organizations that provide low income taxpayers with representation in federal tax controversies with the IRS for free or for a nominal charge. How do i file 2012 tax return The clinics also provide tax education and outreach for taxpayers who speak English as a second language. How do i file 2012 tax return Publication 4134, Low Income Taxpayer Clinic List, provides information on clinics in your area. How do i file 2012 tax return It is available at www. How do i file 2012 tax return irs. How do i file 2012 tax return gov or your local IRS office. How do i file 2012 tax return Free tax services. How do i file 2012 tax return   To find out what services are available, get Publication 910, IRS Guide to Free Tax Services. How do i file 2012 tax return It contains lists of free tax information sources, including publications, services, and free tax education and assistance programs. How do i file 2012 tax return It also has an index of over 100 TeleTax topics, (recorded tax information) you can listen to on your telephone. How do i file 2012 tax return   Accessible versions of IRS published products are available on request in a variety of alternative formats for people with disabilities. How do i file 2012 tax return Free help with your return. How do i file 2012 tax return   Free help in preparing your return is available nationwide from IRS-trained volunteers. How do i file 2012 tax return The Volunteer Income Tax Assistance (VITA) program is designed to help low-income taxpayers and Tax Counseling for the Elderly (TCE) program is designed to assist taxpayers age 60 and older with their tax returns. How do i file 2012 tax return Many VITA sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. How do i file 2012 tax return To find a site near you, call 1-800-829-1040. How do i file 2012 tax return Or to find the nearest AARP TaxAide site, visit AARP's website at www. How do i file 2012 tax return aarp. How do i file 2012 tax return org/taxaide or call 1-888-227-7669. How do i file 2012 tax return For more information on these programs, go to www. How do i file 2012 tax return irs. How do i file 2012 tax return gov and enter keyword “VITA” in the upper right-hand corner. How do i file 2012 tax return Internet. How do i file 2012 tax return You can access the IRS website at www. How do i file 2012 tax return irs. How do i file 2012 tax return gov 24 hours a day, 7 days a week to: E-file your return. How do i file 2012 tax return Find out about commercial tax preparation and e-file services available free to eligible taxpayers. How do i file 2012 tax return Check the status of your refund. How do i file 2012 tax return Click on Where's My Refund. How do i file 2012 tax return Wait at least 6 weeks from the date you filed your return (3 weeks if you filed electronically). How do i file 2012 tax return Have your tax return available because you will need to know your social security number, your filing status, and the exact whole dollar amount of your refund. How do i file 2012 tax return Download forms, instructions, and publications. How do i file 2012 tax return Order IRS products online. How do i file 2012 tax return Research your tax questions online. How do i file 2012 tax return Search publications online by topic or keyword. How do i file 2012 tax return View Internal Revenue Bulletins (IRBs) published in the last few years. How do i file 2012 tax return Figure your withholding allowances using the withholding calculator online at www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/individuals. How do i file 2012 tax return Determine if Form 6251 must be filed using our Alternative Minimum Tax (AMT) Assistant. How do i file 2012 tax return Sign up to receive local and national tax news by email. How do i file 2012 tax return Get information on starting and operating a small business. How do i file 2012 tax return Phone. How do i file 2012 tax return Many services are available by phone. How do i file 2012 tax return Ordering forms, instructions, and publications. How do i file 2012 tax return Call 1-800-829-3676 to order current-year forms, instructions, and publications, and prior-year forms and instructions. How do i file 2012 tax return You should receive your order within 10 days. How do i file 2012 tax return Asking tax questions. How do i file 2012 tax return Call the IRS with your tax questions at 1-800-829-1040. How do i file 2012 tax return Solving problems. How do i file 2012 tax return You can get face-to-face help solving tax problems every business day in IRS Taxpayer Assistance Centers. How do i file 2012 tax return An employee can explain IRS letters, request adjustments to your account, or help you set up a payment plan. How do i file 2012 tax return Call your local Taxpayer Assistance Center for an appointment. How do i file 2012 tax return To find the number, go to www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/localcontacts or look in the phone book under United States Government, Internal Revenue Service. How do i file 2012 tax return TTY/TDD equipment. How do i file 2012 tax return If you have access to TTY/TDD equipment, call 1-800-829-4059 to ask tax questions or to order forms and publications. How do i file 2012 tax return TeleTax topics. How do i file 2012 tax return Call 1-800-829-4477 to listen to pre-recorded messages covering various tax topics. How do i file 2012 tax return Refund information. How do i file 2012 tax return To check the status of your refund, call 1-800-829-4477 and press 1 for automated refund information or call 1-800-829-1954. How do i file 2012 tax return Be sure to wait at least 6 weeks from the date you filed your return (3 weeks if you filed electronically). How do i file 2012 tax return Have your tax return available because you will need to know your social security number, your filing status, and the exact whole dollar amount of your refund. How do i file 2012 tax return Evaluating the quality of our telephone services. How do i file 2012 tax return To ensure IRS representatives give accurate, courteous, and professional answers, we use several methods to evaluate the quality of our telephone services. How do i file 2012 tax return One method is for a second IRS representative to listen in on or record random telephone calls. How do i file 2012 tax return Another is to ask some callers to complete a short survey at the end of the call. How do i file 2012 tax return Walk-in. How do i file 2012 tax return Many products and services are available on a walk-in basis. How do i file 2012 tax return Products. How do i file 2012 tax return You can walk in to many post offices, libraries, and IRS offices to pick up certain forms, instructions, and publications. How do i file 2012 tax return Some IRS offices, libraries, grocery stores, copy centers, city and county government offices, credit unions, and office supply stores have a collection of products available to print from a CD or photocopy from reproducible proofs. How do i file 2012 tax return Also, some IRS offices and libraries have the Internal Revenue Code, regulations, Internal Revenue Bulletins, and Cumulative Bulletins available for research purposes. How do i file 2012 tax return Services. How do i file 2012 tax return You can walk in to your local Taxpayer Assistance Center every business day for personal, face-to-face tax help. How do i file 2012 tax return An employee can explain IRS letters, request adjustments to your tax account, or help you set up a payment plan. How do i file 2012 tax return If you need to resolve a tax problem, have questions about how the tax law applies to your individual tax return, or you're more comfortable talking with someone in person, visit your local Taxpayer Assistance Center where you can spread out your records and talk with an IRS representative face-to-face. How do i file 2012 tax return No appointment is necessary — just walk in. How do i file 2012 tax return If you prefer, you can call your local Center and leave a message requesting an appointment to resolve a tax account issue. How do i file 2012 tax return A representative will call you back within 2 business days to schedule an in-person appointment at your convenience. How do i file 2012 tax return If you have an ongoing, complex tax account problem or a special need, such as a disability, an appointment may be requested. How do i file 2012 tax return All other issues will be handled without an appointment. How do i file 2012 tax return To find the number of your local office, go to www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/localcontacts or look in the phone book under United States Government, Internal Revenue Service. How do i file 2012 tax return Mail. How do i file 2012 tax return You can send your order for forms, instructions, and publications to the address below. How do i file 2012 tax return You should receive a response within 10 days after your request is received. How do i file 2012 tax return Internal Revenue Service 1201 N. How do i file 2012 tax return Mitsubishi Motorway Bloomington, IL 61705-6613 CD/DVD for tax products. How do i file 2012 tax return You can order Publication 1796, IRS Tax Products CD/DVD, and obtain: Current-year forms, instructions, and publications. How do i file 2012 tax return Prior-year forms, instructions, and publications. How do i file 2012 tax return Bonus: Historical Tax Products DVD - Ships with the final release. How do i file 2012 tax return IRS Tax Map: an electronic research tool and finding aid. How do i file 2012 tax return Tax law frequently asked questions (FAQ). How do i file 2012 tax return Tax Topics from the IRS telephone response system. How do i file 2012 tax return Fill-in, print, and save features for most tax forms. How do i file 2012 tax return Internal Revenue Bulletins. How do i file 2012 tax return Toll-free and email technical support. How do i file 2012 tax return The CD/DVD is released twice during the year in January and March. How do i file 2012 tax return Purchase the CD/DVD from National Technical Information Service (NTIS) at www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/cdorders for $35 (no handling fee) or call 1-877-CDFORMS (1-877-233-6767) toll free to buy the CD/DVD for $35 (plus a $5 handling fee). How do i file 2012 tax return Price is subject to change. How do i file 2012 tax return CD for small businesses. How do i file 2012 tax return Publication 3207, The Small Business Resource Guide CD, is a must for every small business owner or any taxpayer about to start a business. How do i file 2012 tax return This year's CD includes: Helpful information, such as how to prepare a business plan, find financing for your business, and much more. How do i file 2012 tax return All the business tax forms, instructions, and publications needed to successfully manage a business. How do i file 2012 tax return Tax law changes. How do i file 2012 tax return Tax Map: an electronic research tool and finding aid. How do i file 2012 tax return Web links to various government agencies, business associations, and IRS organizations. How do i file 2012 tax return “Rate the Product” survey—your opportunity to suggest changes for future editions. How do i file 2012 tax return A site map of the CD to help you navigate the pages of the CD with ease. How do i file 2012 tax return An interactive “Teens in Biz” module that gives practical tips for teens about starting their own business, creating a business plan, and filing taxes. How do i file 2012 tax return An updated version of this CD is available each year in early April. How do i file 2012 tax return You can get a free copy by calling 1-800-829-3676 or by visiting www. How do i file 2012 tax return irs. How do i file 2012 tax return gov/smallbiz. How do i file 2012 tax return Prev  Up  Next   Home   More Online Publications