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How Do I File An Amended Return For 2012

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How Do I File An Amended Return For 2012

How do i file an amended return for 2012 Publication 561 - Main Contents Table of Contents What Is Fair Market Value (FMV)?Factors. How do i file an amended return for 2012 Stock. How do i file an amended return for 2012 Options. How do i file an amended return for 2012 Determining Fair Market Value Problems in Determining Fair Market Value Valuation of Various Kinds of PropertyHousehold Goods Used Clothing Jewelry and Gems Paintings, Antiques, and Other Objects of Art Collections Cars, Boats, and Aircraft Inventory Patents Stocks and Bonds Real Estate Interest in a Business Annuities, Interests for Life or Terms of Years, Remainders, and Reversions Certain Life Insurance and Annuity Contracts Partial Interest in Property Not in Trust AppraisalsDeductions of More Than $5,000 Deductions of More Than $500,000 Qualified Appraisal Form 8283 Internal Revenue Service Review of Appraisals Penalty How To Get Tax HelpLow income tax clinics (LITCs). How do i file an amended return for 2012 What Is Fair Market Value (FMV)? To figure how much you may deduct for property that you contribute, you must first determine its fair market value on the date of the contribution. How do i file an amended return for 2012 Fair market value. How do i file an amended return for 2012   Fair market value (FMV) is the price that property would sell for on the open market. How do i file an amended return for 2012 It is the price that would be agreed on between a willing buyer and a willing seller, with neither being required to act, and both having reasonable knowledge of the relevant facts. How do i file an amended return for 2012 If you put a restriction on the use of property you donate, the FMV must reflect that restriction. How do i file an amended return for 2012 Example 1. How do i file an amended return for 2012 If you give used clothing to the Salvation Army, the FMV would be the price that typical buyers actually pay for clothing of this age, condition, style, and use. How do i file an amended return for 2012 Usually, such items are worth far less than what you paid for them. How do i file an amended return for 2012 Example 2. How do i file an amended return for 2012 If you donate land and restrict its use to agricultural purposes, you must value the land at its value for agricultural purposes, even though it would have a higher FMV if it were not restricted. How do i file an amended return for 2012 Factors. How do i file an amended return for 2012   In making and supporting the valuation of property, all factors affecting value are relevant and must be considered. How do i file an amended return for 2012 These include: The cost or selling price of the item, Sales of comparable properties, Replacement cost, and Opinions of experts. How do i file an amended return for 2012   These factors are discussed later. How do i file an amended return for 2012 Also, see Table 1 for a summary of questions to ask as you consider each factor. How do i file an amended return for 2012 Date of contribution. How do i file an amended return for 2012   Ordinarily, the date of a contribution is the date that the transfer of the property takes place. How do i file an amended return for 2012 Stock. How do i file an amended return for 2012   If you deliver, without any conditions, a properly endorsed stock certificate to a qualified organization or to an agent of the organization, the date of the contribution is the date of delivery. How do i file an amended return for 2012 If the certificate is mailed and received through the regular mail, it is the date of mailing. How do i file an amended return for 2012 If you deliver the certificate to a bank or broker acting as your agent or to the issuing corporation or its agent, for transfer into the name of the organization, the date of the contribution is the date the stock is transferred on the books of the corporation. How do i file an amended return for 2012 Options. How do i file an amended return for 2012   If you grant an option to a qualified organization to buy real property, you have not made a charitable contribution until the organization exercises the option. How do i file an amended return for 2012 The amount of the contribution is the FMV of the property on the date the option is exercised minus the exercise price. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 You grant an option to a local university, which is a qualified organization, to buy real property. How do i file an amended return for 2012 Under the option, the university could buy the property at any time during a 2-year period for $40,000. How do i file an amended return for 2012 The FMV of the property on the date the option is granted is $50,000. How do i file an amended return for 2012 In the following tax year, the university exercises the option. How do i file an amended return for 2012 The FMV of the property on the date the option is exercised is $55,000. How do i file an amended return for 2012 Therefore, you have made a charitable contribution of $15,000 ($55,000, the FMV, minus $40,000, the exercise price) in the tax year the option is exercised. How do i file an amended return for 2012 Determining Fair Market Value Determining the value of donated property would be a simple matter if you could rely only on fixed formulas, rules, or methods. How do i file an amended return for 2012 Usually it is not that simple. How do i file an amended return for 2012 Using such formulas, etc. How do i file an amended return for 2012 , seldom results in an acceptable determination of FMV. How do i file an amended return for 2012 There is no single formula that always applies when determining the value of property. How do i file an amended return for 2012 This is not to say that a valuation is only guesswork. How do i file an amended return for 2012 You must consider all the facts and circumstances connected with the property, such as its desirability, use, and scarcity. How do i file an amended return for 2012 For example, donated furniture should not be evaluated at some fixed rate such as 15% of the cost of new replacement furniture. How do i file an amended return for 2012 When the furniture is contributed, it may be out of style or in poor condition, therefore having little or no market value. How do i file an amended return for 2012 On the other hand, it may be an antique, the value of which could not be determined by using any formula. How do i file an amended return for 2012 Cost or Selling Price of the Donated Property The cost of the property to you or the actual selling price received by the qualified organization may be the best indication of its FMV. How do i file an amended return for 2012 However, because conditions in the market change, the cost or selling price of property may have less weight if the property was not bought or sold reasonably close to the date of contribution. How do i file an amended return for 2012 The cost or selling price is a good indication of the property's value if: The purchase or sale took place close to the valuation date in an open market, The purchase or sale was at “arm's-length,” The buyer and seller knew all relevant facts, The buyer and seller did not have to act, and The market did not change between the date of purchase or sale and the valuation date. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 Tom Morgan, who is not a dealer in gems, bought an assortment of gems for $5,000 from a promoter. How do i file an amended return for 2012 The promoter claimed that the price was “wholesale” even though he and other dealers made similar sales at similar prices to other persons who were not dealers. How do i file an amended return for 2012 The promoter said that if Tom kept the gems for more than 1 year and then gave them to charity, Tom could claim a charitable deduction of $15,000, which, according to the promoter, would be the value of the gems at the time of contribution. How do i file an amended return for 2012 Tom gave the gems to a qualified charity 13 months after buying them. How do i file an amended return for 2012 The selling price for these gems had not changed from the date of purchase to the date he donated them to charity. How do i file an amended return for 2012 The best evidence of FMV depends on actual transactions and not on some artificial estimate. How do i file an amended return for 2012 The $5,000 charged Tom and others is, therefore, the best evidence of the maximum FMV of the gems. How do i file an amended return for 2012 Terms of the purchase or sale. How do i file an amended return for 2012   The terms of the purchase or sale should be considered in determining FMV if they influenced the price. How do i file an amended return for 2012 These terms include any restrictions, understandings, or covenants limiting the use or disposition of the property. How do i file an amended return for 2012 Rate of increase or decrease in value. How do i file an amended return for 2012   Unless you can show that there were unusual circumstances, it is assumed that the increase or decrease in the value of your donated property from your cost has been at a reasonable rate. How do i file an amended return for 2012 For time adjustments, an appraiser may consider published price indexes for information on general price trends, building costs, commodity costs, securities, and works of art sold at auction in arm's-length sales. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 Bill Brown bought a painting for $10,000. How do i file an amended return for 2012 Thirteen months later he gave it to an art museum, claiming a charitable deduction of $15,000 on his tax return. How do i file an amended return for 2012 The appraisal of the painting should include information showing that there were unusual circumstances that justify a 50% increase in value for the 13 months Bill held the property. How do i file an amended return for 2012 Arm's-length offer. How do i file an amended return for 2012   An arm's-length offer to buy the property close to the valuation date may help to prove its value if the person making the offer was willing and able to complete the transaction. How do i file an amended return for 2012 To rely on an offer, you should be able to show proof of the offer and the specific amount to be paid. How do i file an amended return for 2012 Offers to buy property other than the donated item will help to determine value if the other property is reasonably similar to the donated property. How do i file an amended return for 2012 Sales of Comparable Properties The sales prices of properties similar to the donated property are often important in determining the FMV. How do i file an amended return for 2012 The weight to be given to each sale depends on the following. How do i file an amended return for 2012 The degree of similarity between the property sold and the donated property. How do i file an amended return for 2012 The time of the sale—whether it was close to the valuation date. How do i file an amended return for 2012 The circumstances of the sale—whether it was at arm's-length with a knowledgeable buyer and seller, with neither having to act. How do i file an amended return for 2012 The conditions of the market in which the sale was made—whether unusually inflated or deflated. How do i file an amended return for 2012 The comparable sales method of valuing real estate is explained later under Valuation of Various Kinds of Property. How do i file an amended return for 2012 Example 1. How do i file an amended return for 2012 Mary Black, who is not a book dealer, paid a promoter $10,000 for 500 copies of a single edition of a modern translation of the Bible. How do i file an amended return for 2012 The promoter had claimed that the price was considerably less than the “retail” price, and gave her a statement that the books had a total retail value of $30,000. How do i file an amended return for 2012 The promoter advised her that if she kept the Bibles for more than 1 year and then gave them to a qualified organization, she could claim a charitable deduction for the “retail” price of $30,000. How do i file an amended return for 2012 Thirteen months later she gave all the Bibles to a church that she selected from a list provided by the promoter. How do i file an amended return for 2012 At the time of her donation, wholesale dealers were selling similar quantities of Bibles to the general public for $10,000. How do i file an amended return for 2012 The FMV of the Bibles is $10,000, the price at which similar quantities of Bibles were being sold to others at the time of the contribution. How do i file an amended return for 2012 Example 2. How do i file an amended return for 2012 The facts are the same as in Example 1, except that the promoter gave Mary Black a second option. How do i file an amended return for 2012 The promoter said that if Mary wanted a charitable deduction within 1 year of the purchase, she could buy the 500 Bibles at the “retail” price of $30,000, paying only $10,000 in cash and giving a promissory note for the remaining $20,000. How do i file an amended return for 2012 The principal and interest on the note would not be due for 12 years. How do i file an amended return for 2012 According to the promoter, Mary could then, within 1 year of the purchase, give the Bibles to a qualified organization and claim the full $30,000 retail price as a charitable contribution. How do i file an amended return for 2012 She purchased the Bibles under the second option and, 3 months later, gave them to a church, which will use the books for church purposes. How do i file an amended return for 2012 At the time of the gift, the promoter was selling similar lots of Bibles for either $10,000 or $30,000. How do i file an amended return for 2012 The difference between the two prices was solely at the discretion of the buyer. How do i file an amended return for 2012 The promoter was a willing seller for $10,000. How do i file an amended return for 2012 Therefore, the value of Mary's contribution of the Bibles is $10,000, the amount at which similar lots of Bibles could be purchased from the promoter by members of the general public. How do i file an amended return for 2012 Replacement Cost The cost of buying, building, or manufacturing property similar to the donated item should be considered in determining FMV. How do i file an amended return for 2012 However, there must be a reasonable relationship between the replacement cost and the FMV. How do i file an amended return for 2012 The replacement cost is the amount it would cost to replace the donated item on the valuation date. How do i file an amended return for 2012 Often there is no relationship between the replacement cost and the FMV. How do i file an amended return for 2012 If the supply of the donated property is more or less than the demand for it, the replacement cost becomes less important. How do i file an amended return for 2012 To determine the replacement cost of the donated property, find the “estimated replacement cost new. How do i file an amended return for 2012 ” Then subtract from this figure an amount for depreciation due to the physical condition and obsolescence of the donated property. How do i file an amended return for 2012 You should be able to show the relationship between the depreciated replacement cost and the FMV, as well as how you arrived at the “estimated replacement cost new. How do i file an amended return for 2012 ” Opinions of Experts Generally, the weight given to an expert's opinion on matters such as the authenticity of a coin or a work of art, or the most profitable and best use of a piece of real estate, depends on the knowledge and competence of the expert and the thoroughness with which the opinion is supported by experience and facts. How do i file an amended return for 2012 For an expert's opinion to deserve much weight, the facts must support the opinion. How do i file an amended return for 2012 For additional information, see Appraisals, later. How do i file an amended return for 2012 Table 1. How do i file an amended return for 2012 Factors That Affect FMV IF the factor you are considering is. How do i file an amended return for 2012 . How do i file an amended return for 2012 . How do i file an amended return for 2012 THEN you should ask these questions. How do i file an amended return for 2012 . How do i file an amended return for 2012 . How do i file an amended return for 2012     cost or selling price Was the purchase or sale of the property reasonably close to the date of contribution? Was any increase or decrease in value, as compared to your cost, at a reasonable rate? Do the terms of purchase or sale limit what can be done with the property? Was there an arm's-length offer to buy the property close to the valuation date?     sales of comparable properties How similar is the property sold to the property donated? How close is the date of sale to the valuation date? Was the sale at arm's-length? What was the condition of the market at the time of sale?     replacement cost What would it cost to replace the donated property? Is there a reasonable relationship between replacement cost and FMV? Is the supply of the donated property more or less than the demand for it?     opinions of experts Is the expert knowledgeable and competent? Is the opinion thorough and supported by facts and experience? Problems in Determining Fair Market Value There are a number of problems in determining the FMV of donated property. How do i file an amended return for 2012 Unusual Market Conditions The sale price of the property itself in an arm's-length transaction in an open market is often the best evidence of its value. How do i file an amended return for 2012 When you rely on sales of comparable property, the sales must have been made in an open market. How do i file an amended return for 2012 If those sales were made in a market that was artificially supported or stimulated so as not to be truly representative, the prices at which the sales were made will not indicate the FMV. How do i file an amended return for 2012 For example, liquidation sale prices usually do not indicate the FMV. How do i file an amended return for 2012 Also, sales of stock under unusual circumstances, such as sales of small lots, forced sales, and sales in a restricted market, may not represent the FMV. How do i file an amended return for 2012 Selection of Comparable Sales Using sales of comparable property is an important method for determining the FMV of donated property. How do i file an amended return for 2012 However, the amount of weight given to a sale depends on the degree of similarity between the comparable and the donated properties. How do i file an amended return for 2012 The degree of similarity must be close enough so that this selling price would have been given consideration by reasonably well-informed buyers or sellers of the property. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 You give a rare, old book to your former college. How do i file an amended return for 2012 The book is a third edition and is in poor condition because of a missing back cover. How do i file an amended return for 2012 You discover that there was a sale for $300, near the valuation date, of a first edition of the book that was in good condition. How do i file an amended return for 2012 Although the contents are the same, the books are not at all similar because of the different editions and their physical condition. How do i file an amended return for 2012 Little consideration would be given to the selling price of the $300 property by knowledgeable buyers or sellers. How do i file an amended return for 2012 Future Events You may not consider unexpected events happening after your donation of property in making the valuation. How do i file an amended return for 2012 You may consider only the facts known at the time of the gift, and those that could be reasonably expected at the time of the gift. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 You give farmland to a qualified charity. How do i file an amended return for 2012 The transfer provides that your mother will have the right to all income and full use of the property for her life. How do i file an amended return for 2012 Even though your mother dies 1 week after the transfer, the value of the property on the date it is given is its present value, subject to the life interest as estimated from actuarial tables. How do i file an amended return for 2012 You may not take a higher deduction because the charity received full use and possession of the land only 1 week after the transfer. How do i file an amended return for 2012 Using Past Events to Predict the Future A common error is to rely too much on past events that do not fairly reflect the probable future earnings and FMV. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 You give all your rights in a successful patent to your favorite charity. How do i file an amended return for 2012 Your records show that before the valuation date there were three stages in the patent's history of earnings. How do i file an amended return for 2012 First, there was rapid growth in earnings when the invention was introduced. How do i file an amended return for 2012 Then, there was a period of high earnings when the invention was being exploited. How do i file an amended return for 2012 Finally, there was a decline in earnings when competing inventions were introduced. How do i file an amended return for 2012 The entire history of earnings may be relevant in estimating the future earnings. How do i file an amended return for 2012 However, the appraiser must not rely too much on the stage of rapid growth in earnings, or of high earnings. How do i file an amended return for 2012 The market conditions at those times do not represent the condition of the market at the valuation date. How do i file an amended return for 2012 What is most significant is the trend of decline in earnings up to the valuation date. How do i file an amended return for 2012 For more information about donations of patents, see Patents, later. How do i file an amended return for 2012 Valuation of Various Kinds of Property This section contains information on determining the FMV of ordinary kinds of donated property. How do i file an amended return for 2012 For information on appraisals, see Appraisals, later. How do i file an amended return for 2012 Household Goods The FMV of used household goods, such as furniture, appliances, and linens, is usually much lower than the price paid when new. How do i file an amended return for 2012 Such used property may have little or no market value because of its worn condition. How do i file an amended return for 2012 It may be out of style or no longer useful. How do i file an amended return for 2012 You cannot take a deduction for household goods donated after August 17, 2006, unless they are in good used condition or better. How do i file an amended return for 2012 A household good that is not in good used condition or better for which you take a deduction of more than $500 requires a qualified appraisal. How do i file an amended return for 2012 See Deduction over $500 for certain clothing or household items, later. How do i file an amended return for 2012 If the property is valuable because it is old or unique, see the discussion under Paintings, Antiques, and Other Objects of Art. How do i file an amended return for 2012 Used Clothing Used clothing and other personal items are usually worth far less than the price you paid for them. How do i file an amended return for 2012 Valuation of items of clothing does not lend itself to fixed formulas or methods. How do i file an amended return for 2012 The price that buyers of used items actually pay in used clothing stores, such as consignment or thrift shops, is an indication of the value. How do i file an amended return for 2012 You cannot take a deduction for clothing donated after August 17, 2006, unless it is in good used condition or better. How do i file an amended return for 2012 An item of clothing that is not in good used condition or better for which you take a deduction of more than $500 requires a qualified appraisal. How do i file an amended return for 2012 See Deduction over $500 for certain clothing or household items, later. How do i file an amended return for 2012 For valuable furs or very expensive gowns, a Form 8283 may have to be sent with your tax return. How do i file an amended return for 2012 Jewelry and Gems Jewelry and gems are of such a specialized nature that it is almost always necessary to get an appraisal by a specialized jewelry appraiser. How do i file an amended return for 2012 The appraisal should describe, among other things, the style of the jewelry, the cut and setting of the gem, and whether it is now in fashion. How do i file an amended return for 2012 If not in fashion, the possibility of having the property redesigned, recut, or reset should be reported in the appraisal. How do i file an amended return for 2012 The stone's coloring, weight, cut, brilliance, and flaws should be reported and analyzed. How do i file an amended return for 2012 Sentimental personal value has no effect on FMV. How do i file an amended return for 2012 But if the jewelry was owned by a famous person, its value might increase. How do i file an amended return for 2012 Paintings, Antiques, and Other Objects of Art Your deduction for contributions of paintings, antiques, and other objects of art, should be supported by a written appraisal from a qualified and reputable source, unless the deduction is $5,000 or less. How do i file an amended return for 2012 Examples of information that should be included in appraisals of art objects—paintings in particular—are found later under Qualified Appraisal. How do i file an amended return for 2012 Art valued at $20,000 or more. How do i file an amended return for 2012   If you claim a deduction of $20,000 or more for donations of art, you must attach a complete copy of the signed appraisal to your return. How do i file an amended return for 2012 For individual objects valued at $20,000 or more, a photograph of a size and quality fully showing the object, preferably an 8 x 10 inch color photograph or a color transparency no smaller than 4 x 5 inches, must be provided upon request. How do i file an amended return for 2012 Art valued at $50,000 or more. How do i file an amended return for 2012   If you donate an item of art that has been appraised at $50,000 or more, you can request a Statement of Value for that item from the IRS. How do i file an amended return for 2012 You must request the statement before filing the tax return that reports the donation. How do i file an amended return for 2012 Your request must include the following. How do i file an amended return for 2012 A copy of a qualified appraisal of the item. How do i file an amended return for 2012 See Qualified Appraisal, later. How do i file an amended return for 2012 A $2,500 check or money order payable to the Internal Revenue Service for the user fee that applies to your request regarding one, two, or three items of art. How do i file an amended return for 2012 Add $250 for each item in excess of three. How do i file an amended return for 2012 A completed Form 8283, Section B. How do i file an amended return for 2012 The location of the IRS territory that has examination responsibility for your return. How do i file an amended return for 2012 If your request lacks essential information, you will be notified and given 30 days to provide the missing information. How do i file an amended return for 2012   Send your request to: Internal Revenue Service Attention: Art Appraisal (C:AP:ART) P. How do i file an amended return for 2012 O. How do i file an amended return for 2012 Box 27720 McPherson Station Washington, DC 20038 Refunds. How do i file an amended return for 2012   You can withdraw your request for a Statement of Value at any time before it is issued. How do i file an amended return for 2012 However, the IRS will not refund the user fee if you do. How do i file an amended return for 2012   If the IRS declines to issue a Statement of Value in the interest of efficient tax administration, the IRS will refund the user fee. How do i file an amended return for 2012 Authenticity. How do i file an amended return for 2012   The authenticity of the donated art must be determined by the appraiser. How do i file an amended return for 2012 Physical condition. How do i file an amended return for 2012   Important items in the valuation of antiques and art are physical condition and extent of restoration. How do i file an amended return for 2012 These have a significant effect on the value and must be fully reported in an appraisal. How do i file an amended return for 2012 An antique in damaged condition, or lacking the “original brasses,” may be worth much less than a similar piece in excellent condition. How do i file an amended return for 2012 Art appraisers. How do i file an amended return for 2012   More weight will usually be given to an appraisal prepared by an individual specializing in the kind and price range of the art being appraised. How do i file an amended return for 2012 Certain art dealers or appraisers specialize, for example, in old masters, modern art, bronze sculpture, etc. How do i file an amended return for 2012 Their opinions on the authenticity and desirability of such art would usually be given more weight than the opinions of more generalized art dealers or appraisers. How do i file an amended return for 2012 They can report more recent comparable sales to support their opinion. How do i file an amended return for 2012   To identify and locate experts on unique, specialized items or collections, you may wish to use the current Official Museum Directory of the American Association of Museums. How do i file an amended return for 2012 It lists museums both by state and by category. How do i file an amended return for 2012   To help you locate a qualified appraiser for your donation, you may wish to ask an art historian at a nearby college or the director or curator of a local museum. How do i file an amended return for 2012 The Yellow Pages often list specialized art and antique dealers, auctioneers, and art appraisers. How do i file an amended return for 2012 You may be able to find a qualified appraiser on the Internet. How do i file an amended return for 2012 You may also contact associations of dealers for guidance. How do i file an amended return for 2012 Collections Since many kinds of hobby collections may be the subject of a charitable donation, it is not possible to discuss all of the possible collectibles in this publication. How do i file an amended return for 2012 Most common are rare books, autographs, sports memorabilia, dolls, manuscripts, stamps, coins, guns, phonograph records, and natural history items. How do i file an amended return for 2012 Many of the elements of valuation that apply to paintings and other objects of art, discussed earlier, also apply to miscellaneous collections. How do i file an amended return for 2012 Reference material. How do i file an amended return for 2012   Publications available to help you determine the value of many kinds of collections include catalogs, dealers' price lists, and specialized hobby periodicals. How do i file an amended return for 2012 When using one of these price guides, you must use the current edition at the date of contribution. How do i file an amended return for 2012 However, these sources are not always reliable indicators of FMV and should be supported by other evidence. How do i file an amended return for 2012   For example, a dealer may sell an item for much less than is shown on a price list, particularly after the item has remained unsold for a long time. How do i file an amended return for 2012 The price an item sold for in an auction may have been the result of a rigged sale or a mere bidding duel. How do i file an amended return for 2012 The appraiser must analyze the reference material, and recognize and make adjustments for misleading entries. How do i file an amended return for 2012 If you are donating a valuable collection, you should get an appraisal. How do i file an amended return for 2012 If your donation appears to be of little value, you may be able to make a satisfactory valuation using reference materials available at a state, city, college, or museum library. How do i file an amended return for 2012 Stamp collections. How do i file an amended return for 2012   Most libraries have catalogs or other books that report the publisher's estimate of values. How do i file an amended return for 2012 Generally, two price levels are shown for each stamp: the price postmarked and the price not postmarked. How do i file an amended return for 2012 Stamp dealers generally know the value of their merchandise and are able to prepare satisfactory appraisals of valuable collections. How do i file an amended return for 2012 Coin collections. How do i file an amended return for 2012   Many catalogs and other reference materials show the writer's or publisher's opinion of the value of coins on or near the date of the publication. How do i file an amended return for 2012 Like many other collectors' items, the value of a coin depends on the demand for it, its age, and its rarity. How do i file an amended return for 2012 Another important factor is the coin's condition. How do i file an amended return for 2012 For example, there is a great difference in the value of a coin that is in mint condition and a similar coin that is only in good condition. How do i file an amended return for 2012   Catalogs usually establish a category for coins, based on their physical condition—mint or uncirculated, extremely fine, very fine, fine, very good, good, fair, or poor—with a different valuation for each category. How do i file an amended return for 2012 Books. How do i file an amended return for 2012   The value of books is usually determined by selecting comparable sales and adjusting the prices according to the differences between the comparable sales and the item being evaluated. How do i file an amended return for 2012 This is difficult to do and, except for a collection of little value, should be done by a specialized appraiser. How do i file an amended return for 2012 Within the general category of literary property, there are dealers who specialize in certain areas, such as Americana, foreign imports, Bibles, and scientific books. How do i file an amended return for 2012 Modest value of collection. How do i file an amended return for 2012   If the collection you are donating is of modest value, not requiring a written appraisal, the following information may help you in determining the FMV. How do i file an amended return for 2012   A book that is very old, or very rare, is not necessarily valuable. How do i file an amended return for 2012 There are many books that are very old or rare, but that have little or no market value. How do i file an amended return for 2012 Condition of book. How do i file an amended return for 2012   The condition of a book may have a great influence on its value. How do i file an amended return for 2012 Collectors are interested in items that are in fine, or at least good, condition. How do i file an amended return for 2012 When a book has a missing page, a loose binding, tears, stains, or is otherwise in poor condition, its value is greatly lowered. How do i file an amended return for 2012 Other factors. How do i file an amended return for 2012   Some other factors in the valuation of a book are the kind of binding (leather, cloth, paper), page edges, and illustrations (drawings and photographs). How do i file an amended return for 2012 Collectors usually want first editions of books. How do i file an amended return for 2012 However, because of changes or additions, other editions are sometimes worth as much as, or more than, the first edition. How do i file an amended return for 2012 Manuscripts, autographs, diaries, and similar items. How do i file an amended return for 2012   When these items are handwritten, or at least signed by famous people, they are often in demand and are valuable. How do i file an amended return for 2012 The writings of unknowns also may be of value if they are of unusual historical or literary importance. How do i file an amended return for 2012 Determining the value of such material is difficult. How do i file an amended return for 2012 For example, there may be a great difference in value between two diaries that were kept by a famous person—one kept during childhood and the other during a later period in his or her life. How do i file an amended return for 2012 The appraiser determines a value in these cases by applying knowledge and judgment to such factors as comparable sales and conditions. How do i file an amended return for 2012 Signatures. How do i file an amended return for 2012   Signatures, or sets of signatures, that were cut from letters or other papers usually have little or no value. How do i file an amended return for 2012 But complete sets of the signatures of U. How do i file an amended return for 2012 S. How do i file an amended return for 2012 presidents are in demand. How do i file an amended return for 2012 Cars, Boats, and Aircraft If you donate a car, a boat, or an aircraft to a charitable organization, its FMV must be determined. How do i file an amended return for 2012 Certain commercial firms and trade organizations publish monthly or seasonal guides for different regions of the country, containing complete dealer sale prices or dealer average prices for recent model years. How do i file an amended return for 2012 Prices are reported for each make, model, and year. How do i file an amended return for 2012 These guides also provide estimates for adjusting for unusual equipment, unusual mileage, and physical condition. How do i file an amended return for 2012 The prices are not “official,” and these publications are not considered an appraisal of any specific donated property. How do i file an amended return for 2012 But they do provide clues for making an appraisal and suggest relative prices for comparison with current sales and offerings in your area. How do i file an amended return for 2012 These publications are sometimes available from public libraries or at a bank, credit union, or finance company. How do i file an amended return for 2012 You can also find pricing information about used cars on the Internet. How do i file an amended return for 2012 An acceptable measure of the FMV of a donated car, boat, or airplane is an amount not in excess of the price listed in a used vehicle pricing guide for a private party sale, not the dealer retail value, of a similar vehicle. How do i file an amended return for 2012 However, the FMV may be less than that amount if the vehicle has engine trouble, body damage, high mileage, or any type of excessive wear. How do i file an amended return for 2012 The FMV of a donated vehicle is the same as the price listed in a used vehicle pricing guide for a private party sale only if the guide lists a sales price for a vehicle that is the same make, model, and year, sold in the same area, in the same condition, with the same or similar options or accessories, and with the same or similar warranties as the donated vehicle. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 You donate a used car in poor condition to a local high school for use by students studying car repair. How do i file an amended return for 2012 A used car guide shows the dealer retail value for this type of car in poor condition is $1,600. How do i file an amended return for 2012 However, the guide shows the price for a private party sale of the car is only $750. How do i file an amended return for 2012 The FMV of the car is considered to be no more than $750. How do i file an amended return for 2012 Boats. How do i file an amended return for 2012   Except for inexpensive small boats, the valuation of boats should be based on an appraisal by a marine surveyor because the physical condition is so critical to the value. How do i file an amended return for 2012 More information. How do i file an amended return for 2012   Your deduction for a donated car, boat, or airplane generally is limited to the gross proceeds from its sale by the qualified organization. How do i file an amended return for 2012 This rule applies if the claimed value of the donated vehicle is more than $500. How do i file an amended return for 2012 In certain cases, you can deduct the vehicle's FMV. How do i file an amended return for 2012 For details, see Publication 526. How do i file an amended return for 2012 Inventory If you donate any inventory item to a charitable organization, the amount of your deductible contribution generally is the FMV of the item, minus any gain you would have realized if you had sold the item at its FMV on the date of the gift. How do i file an amended return for 2012 For more information, see Publication 526. How do i file an amended return for 2012 Patents To determine the FMV of a patent, you must take into account, among other factors: Whether the patented technology has been made obsolete by other technology; Any restrictions on the donee's use of, or ability to transfer, the patented technology; and The length of time remaining before the patent expires. How do i file an amended return for 2012 However, your deduction for a donation of a patent or other intellectual property is its FMV, minus any gain you would have realized if you had sold the property at its FMV on the date of the gift. How do i file an amended return for 2012 Generally, this means your deduction is the lesser of the property's FMV or its basis. How do i file an amended return for 2012 For details, see Publication 526. How do i file an amended return for 2012 Stocks and Bonds The value of stocks and bonds is the FMV of a share or bond on the valuation date. How do i file an amended return for 2012 See Date of contribution, earlier, under What Is Fair Market Value (FMV). How do i file an amended return for 2012 Selling prices on valuation date. How do i file an amended return for 2012   If there is an active market for the contributed stocks or bonds on a stock exchange, in an over-the-counter market, or elsewhere, the FMV of each share or bond is the average price between the highest and lowest quoted selling prices on the valuation date. How do i file an amended return for 2012 For example, if the highest selling price for a share was $11, and the lowest $9, the average price is $10. How do i file an amended return for 2012 You get the average price by adding $11 and $9 and dividing the sum by 2. How do i file an amended return for 2012 No sales on valuation date. How do i file an amended return for 2012   If there were no sales on the valuation date, but there were sales within a reasonable period before and after the valuation date, you determine FMV by taking the average price between the highest and lowest sales prices on the nearest date before and on the nearest date after the valuation date. How do i file an amended return for 2012 Then you weight these averages in inverse order by the respective number of trading days between the selling dates and the valuation date. How do i file an amended return for 2012 Example. How do i file an amended return for 2012   On the day you gave stock to a qualified organization, there were no sales of the stock. How do i file an amended return for 2012 Sales of the stock nearest the valuation date took place two trading days before the valuation date at an average selling price of $10 and three trading days after the valuation date at an average selling price of $15. How do i file an amended return for 2012 The FMV on the valuation date was $12, figured as follows: [(3 x $10) + (2 x $15)] ÷ 5 = $12 Listings on more than one stock exchange. How do i file an amended return for 2012   Stocks or bonds listed on more than one stock exchange are valued based on the prices of the exchange on which they are principally dealt. How do i file an amended return for 2012 This applies if these prices are published in a generally available listing or publication of general circulation. How do i file an amended return for 2012 If this is not applicable, and the stocks or bonds are reported on a composite listing of combined exchanges in a publication of general circulation, use the composite list. How do i file an amended return for 2012 See also Unavailable prices or closely held corporation, later. How do i file an amended return for 2012 Bid and asked prices on valuation date. How do i file an amended return for 2012   If there were no sales within a reasonable period before and after the valuation date, the FMV is the average price between the bona fide bid and asked prices on the valuation date. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 Although there were no sales of Blue Corporation stock on the valuation date, bona fide bid and asked prices were available on that date of $14 and $16, respectively. How do i file an amended return for 2012 The FMV is $15, the average price between the bid and asked prices. How do i file an amended return for 2012 No prices on valuation date. How do i file an amended return for 2012   If there were no prices available on the valuation date, you determine FMV by taking the average prices between the bona fide bid and asked prices on the closest trading date before and after the valuation date. How do i file an amended return for 2012 Both dates must be within a reasonable period. How do i file an amended return for 2012 Then you weight these averages in inverse order by the respective number of trading days between the bid and asked dates and the valuation date. How do i file an amended return for 2012 Example. How do i file an amended return for 2012 On the day you gave stock to a qualified organization, no prices were available. How do i file an amended return for 2012 Bona fide bid and asked prices 3 days before the valuation date were $10 and 2 days after the valuation date were $15. How do i file an amended return for 2012 The FMV on the valuation date is $13, figured as follows: [(2 x $10) + (3 x $15)] ÷ 5 = $13 Prices only before or after valuation date, but not both. How do i file an amended return for 2012   If no selling prices or bona fide bid and asked prices are available on a date within a reasonable period before the valuation date, but are available on a date within a reasonable period after the valuation date, or vice versa, then the average price between the highest and lowest of such available prices may be treated as the value. How do i file an amended return for 2012 Large blocks of stock. How do i file an amended return for 2012   When a large block of stock is put on the market, it may lower the selling price of the stock if the supply is greater than the demand. How do i file an amended return for 2012 On the other hand, market forces may exist that will afford higher prices for large blocks of stock. How do i file an amended return for 2012 Because of the many factors to be considered, determining the value of large blocks of stock usually requires the help of experts specializing in underwriting large quantities of securities, or in trading in the securities of the industry of which the particular company is a part. How do i file an amended return for 2012 Unavailable prices or closely held corporation. How do i file an amended return for 2012   If selling prices or bid and asked prices are not available, or if securities of a closely held corporation are involved, determine the FMV by considering the following factors. How do i file an amended return for 2012 For bonds, the soundness of the security, the interest yield, the date of maturity, and other relevant factors. How do i file an amended return for 2012 For shares of stock, the company's net worth, prospective earning power and dividend-paying capacity, and other relevant factors. How do i file an amended return for 2012 Other factors. How do i file an amended return for 2012   Other relevant factors include: The nature and history of the business, especially its recent history, The goodwill of the business, The economic outlook in the particular industry, The company's position in the industry, its competitors, and its management, and The value of securities of corporations engaged in the same or similar business. How do i file an amended return for 2012 For preferred stock, the most important factors are its yield, dividend coverage, and protection of its liquidation preference. How do i file an amended return for 2012   You should keep complete financial and other information on which the valuation is based. How do i file an amended return for 2012 This includes copies of reports of examinations of the company made by accountants, engineers, or any technical experts on or close to the valuation date. How do i file an amended return for 2012 Restricted securities. How do i file an amended return for 2012   Some classes of stock cannot be traded publicly because of restrictions imposed by the Securities and Exchange Commission, or by the corporate charter or a trust agreement. How do i file an amended return for 2012 These restricted securities usually trade at a discount in relation to freely traded securities. How do i file an amended return for 2012   To arrive at the FMV of restricted securities, factors that you must consider include the resale provisions found in the restriction agreements, the relative negotiating strengths of the buyer and seller, and the market experience of freely traded securities of the same class as the restricted securities. How do i file an amended return for 2012 Real Estate Because each piece of real estate is unique and its valuation is complicated, a detailed appraisal by a professional appraiser is necessary. How do i file an amended return for 2012 The appraiser must be thoroughly trained in the application of appraisal principles and theory. How do i file an amended return for 2012 In some instances the opinions of equally qualified appraisers may carry unequal weight, such as when one appraiser has a better knowledge of local conditions. How do i file an amended return for 2012 The appraisal report must contain a complete description of the property, such as street address, legal description, and lot and block number, as well as physical features, condition, and dimensions. How do i file an amended return for 2012 The use to which the property is put, zoning and permitted uses, and its potential use for other higher and better uses are also relevant. How do i file an amended return for 2012 In general, there are three main approaches to the valuation of real estate. How do i file an amended return for 2012 An appraisal may require the combined use of two or three methods rather than one method only. How do i file an amended return for 2012 1. How do i file an amended return for 2012 Comparable Sales The comparable sales method compares the donated property with several similar properties that have been sold. How do i file an amended return for 2012 The selling prices, after adjustments for differences in date of sale, size, condition, and location, would then indicate the estimated FMV of the donated property. How do i file an amended return for 2012 If the comparable sales method is used to determine the value of unimproved real property (land without significant buildings, structures, or any other improvements that add to its value), the appraiser should consider the following factors when comparing the potential comparable property and the donated property: Location, size, and zoning or use restrictions, Accessibility and road frontage, and available utilities and water rights, Riparian rights (right of access to and use of the water by owners of land on the bank of a river) and existing easements, rights-of-way, leases, etc. How do i file an amended return for 2012 , Soil characteristics, vegetative cover, and status of mineral rights, and Other factors affecting value. How do i file an amended return for 2012 For each comparable sale, the appraisal must include the names of the buyer and seller, the deed book and page number, the date of sale and selling price, a property description, the amount and terms of mortgages, property surveys, the assessed value, the tax rate, and the assessor's appraised FMV. How do i file an amended return for 2012 The comparable selling prices must be adjusted to account for differences between the sale property and the donated property. How do i file an amended return for 2012 Because differences of opinion may arise between appraisers as to the degree of comparability and the amount of the adjustment considered necessary for comparison purposes, an appraiser should document each item of adjustment. How do i file an amended return for 2012 Only comparable sales having the least adjustments in terms of items and/or total dollar adjustments should be considered as comparable to the donated property. How do i file an amended return for 2012 2. How do i file an amended return for 2012 Capitalization of Income This method capitalizes the net income from the property at a rate that represents a fair return on the particular investment at the particular time, considering the risks involved. How do i file an amended return for 2012 The key elements are the determination of the income to be capitalized and the rate of capitalization. How do i file an amended return for 2012 3. How do i file an amended return for 2012 Replacement Cost New or Reproduction Cost Minus Observed Depreciation This method, used alone, usually does not result in a determination of FMV. How do i file an amended return for 2012 Instead, it generally tends to set the upper limit of value, particularly in periods of rising costs, because it is reasonable to assume that an informed buyer will not pay more for the real estate than it would cost to reproduce a similar property. How do i file an amended return for 2012 Of course, this reasoning does not apply if a similar property cannot be created because of location, unusual construction, or some other reason. How do i file an amended return for 2012 Generally, this method serves to support the value determined from other methods. How do i file an amended return for 2012 When the replacement cost method is applied to improved realty, the land and improvements are valued separately. How do i file an amended return for 2012 The replacement cost of a building is figured by considering the materials, the quality of workmanship, and the number of square feet or cubic feet in the building. How do i file an amended return for 2012 This cost represents the total cost of labor and material, overhead, and profit. How do i file an amended return for 2012 After the replacement cost has been figured, consideration must be given to the following factors: Physical deterioration—the wear and tear on the building itself, Functional obsolescence—usually in older buildings with, for example, inadequate lighting, plumbing, or heating, small rooms, or a poor floor plan, and Economic obsolescence—outside forces causing the whole area to become less desirable. How do i file an amended return for 2012 Interest in a Business The FMV of any interest in a business, whether a sole proprietorship or a partnership, is the amount that a willing buyer would pay for the interest to a willing seller after consideration of all relevant factors. How do i file an amended return for 2012 The relevant factors to be considered in valuing the business are: The FMV of the assets of the business, The demonstrated earnings capacity of the business, based on a review of past and current earnings, and The other factors used in evaluating corporate stock, if they apply. How do i file an amended return for 2012 The value of the goodwill of the business should also be taken into consideration. How do i file an amended return for 2012 You should keep complete financial and other information on which you base the valuation. How do i file an amended return for 2012 This includes copies of reports of examinations of the business made by accountants, engineers, or any technical experts on or close to the valuation date. How do i file an amended return for 2012 Annuities, Interests for Life or Terms of Years, Remainders, and Reversions The value of these kinds of property is their present value, except in the case of annuities under contracts issued by companies regularly engaged in their sale. How do i file an amended return for 2012 The valuation of these commercial annuity contracts and of insurance policies is discussed later under Certain Life Insurance and Annuity Contracts. How do i file an amended return for 2012 To determine present value, you must know the applicable interest rate and use actuarial tables. How do i file an amended return for 2012 Interest rate. How do i file an amended return for 2012   The applicable interest rate varies. How do i file an amended return for 2012 It is announced monthly in a news release and published in the Internal Revenue Bulletin as a Revenue Ruling. How do i file an amended return for 2012 The interest rate to use is under the heading “Rate Under Section 7520” for a given month and year. How do i file an amended return for 2012 You can call the IRS office at 1-800-829-1040 to obtain this rate. How do i file an amended return for 2012 Actuarial tables. How do i file an amended return for 2012   You need to refer to actuarial tables to determine a qualified interest in the form of an annuity, any interest for life or a term of years, or any remainder interest to a charitable organization. How do i file an amended return for 2012   Use the valuation tables set forth in IRS Publications 1457, Actuarial Values (Book Aleph), and 1458, Actuarial Values (Book Beth). How do i file an amended return for 2012 Both of these publications provide tables containing actuarial factors to be used in determining the present value of an annuity, an interest for life or for a term of years, or a remainder or reversionary interest. How do i file an amended return for 2012 For qualified charitable transfers, you can use the factor for the month in which you made the contribution or for either of the 2 months preceding that month. How do i file an amended return for 2012   Publication 1457 also contains actuarial factors for computing the value of a remainder interest in a charitable remainder annuity trust and a pooled income fund. How do i file an amended return for 2012 Publication 1458 contains the factors for valuing the remainder interest in a charitable remainder unitrust. How do i file an amended return for 2012 You can download Publications 1457 and 1458 from www. How do i file an amended return for 2012 irs. How do i file an amended return for 2012 gov. How do i file an amended return for 2012 In addition, they are available for purchase via the website of the U. How do i file an amended return for 2012 S. How do i file an amended return for 2012 Government Printing Office, by phone at (202) 512-1800, or by mail from the: Superintendent of Documents P. How do i file an amended return for 2012 O. How do i file an amended return for 2012 Box 371954 Pittsburgh, PA 15250-7954 Tables containing actuarial factors for transfers to pooled income funds may also be found in Income Tax Regulation 1. How do i file an amended return for 2012 642(c)-6(e)(6), transfers to charitable remainder unitrusts in Regulation 1. How do i file an amended return for 2012 664-4(e), and other transfers in Regulation 20. How do i file an amended return for 2012 2031-7(d)(6). How do i file an amended return for 2012 Special factors. How do i file an amended return for 2012   If you need a special factor for an actual transaction, you can request a letter ruling. How do i file an amended return for 2012 Be sure to include the date of birth of each person the duration of whose life may affect the value of the interest. How do i file an amended return for 2012 Also include copies of the relevant instruments. How do i file an amended return for 2012 IRS charges a user fee for providing special factors. How do i file an amended return for 2012   For more information about requesting a ruling, see Revenue Procedure 2006-1 (or annual update), 2006-1 I. How do i file an amended return for 2012 R. How do i file an amended return for 2012 B. How do i file an amended return for 2012 1. How do i file an amended return for 2012 Revenue Procedure 2006-1 is available at www. How do i file an amended return for 2012 irs. How do i file an amended return for 2012 gov/irb/2006-01_IRB/ar06. How do i file an amended return for 2012 html. How do i file an amended return for 2012   For information on the circumstances under which a charitable deduction may be allowed for the donation of a partial interest in property not in trust, see Partial Interest in Property Not in Trust, later. How do i file an amended return for 2012 Certain Life Insurance and Annuity Contracts The value of an annuity contract or a life insurance policy issued by a company regularly engaged in the sale of such contracts or policies is the amount that company would charge for a comparable contract. How do i file an amended return for 2012 But if the donee of a life insurance policy may reasonably be expected to cash the policy rather than hold it as an investment, then the FMV is the cash surrender value rather than the replacement cost. How do i file an amended return for 2012 If an annuity is payable under a combination annuity contract and life insurance policy (for example, a retirement income policy with a death benefit) and there was no insurance element when it was transferred to the charity, the policy is treated as an annuity contract. How do i file an amended return for 2012 Partial Interest in Property Not in Trust Generally, no deduction is allowed for a charitable contribution, not made in trust, of less than your entire interest in property. How do i file an amended return for 2012 However, this does not apply to a transfer of less than your entire interest if it is a transfer of: A remainder interest in your personal residence or farm, An undivided part of your entire interest in property, or A qualified conservation contribution. How do i file an amended return for 2012 Remainder Interest in Real Property The amount of the deduction for a donation of a remainder interest in real property is the FMV of the remainder interest at the time of the contribution. How do i file an amended return for 2012 To determine this value, you must know the FMV of the property on the date of the contribution. How do i file an amended return for 2012 Multiply this value by the appropriate factor. How do i file an amended return for 2012 Publications 1457 and 1458 contain these factors. How do i file an amended return for 2012 You must make an adjustment for depreciation or depletion using the factors shown in Publication 1459, Actuarial Values (Book Gimel). How do i file an amended return for 2012 You can use the factors for the month in which you made the contribution or for either of the two months preceding that month. How do i file an amended return for 2012 See the earlier discussion on Annuities, Interests for Life or Terms of Years, Remainders, and Reversions. How do i file an amended return for 2012 You can download Publication 1459 from www. How do i file an amended return for 2012 irs. How do i file an amended return for 2012 gov. How do i file an amended return for 2012 For this purpose, the term “depreciable property” means any property subject to wear and tear or obsolescence, even if not used in a trade or business or for the production of income. How do i file an amended return for 2012 If the remainder interest includes both depreciable and nondepreciable property, for example a house and land, the FMV must be allocated between each kind of property at the time of the contribution. How do i file an amended return for 2012 This rule also applies to a gift of a remainder interest that includes property that is part depletable and part not depletable. How do i file an amended return for 2012 Take into account depreciation or depletion only for the property that is subject to depreciation or depletion. How do i file an amended return for 2012 For more information, see section 1. How do i file an amended return for 2012 170A-12 of the Income Tax Regulations. How do i file an amended return for 2012 Undivided Part of Your Entire Interest A contribution of an undivided part of your entire interest in property must consist of a part of each and every substantial interest or right you own in the property. How do i file an amended return for 2012 It must extend over the entire term of your interest in the property. How do i file an amended return for 2012 For example, you are entitled to the income from certain property for your life (life estate) and you contribute 20% of that life estate to a qualified organization. How do i file an amended return for 2012 You can claim a deduction for the contribution if you do not have any other interest in the property. How do i file an amended return for 2012 To figure the value of a contribution involving a partial interest, see Publication 1457. How do i file an amended return for 2012 If the only interest you own in real property is a remainder interest and you transfer part of that interest to a qualified organization, see the previous discussion on valuation of a remainder interest in real property. How do i file an amended return for 2012 Qualified Conservation Contribution A qualified conservation contribution is a contribution of a qualified real property interest to a qualified organization to be used only for conservation purposes. How do i file an amended return for 2012 Qualified organization. How do i file an amended return for 2012   For purposes of a qualified conservation contribution, a qualified organization is: A governmental unit, A publicly supported charitable, religious, scientific, literary, educational, etc. How do i file an amended return for 2012 , organization, or An organization that is controlled by, and operated for the exclusive benefit of, a governmental unit or a publicly supported charity. How do i file an amended return for 2012 The organization also must have a commitment to protect the conservation purposes of the donation and must have the resources to enforce the restrictions. How do i file an amended return for 2012 Conservation purposes. How do i file an amended return for 2012   Your contribution must be made only for one of the following conservation purposes. How do i file an amended return for 2012 Preserving land areas for outdoor recreation by, or for the education of, the general public. How do i file an amended return for 2012 Protecting a relatively natural habitat of fish, wildlife, or plants, or a similar ecosystem. How do i file an amended return for 2012 Preserving open space, including farmland and forest land, if it yields a significant public benefit. How do i file an amended return for 2012 It must be either for the scenic enjoyment of the general public or under a clearly defined federal, state, or local governmental conservation policy. How do i file an amended return for 2012 Preserving a historically important land area or a certified historic structure. How do i file an amended return for 2012 There must be some visual public access to the property. How do i file an amended return for 2012 Factors used in determining the type and amount of public access required include the historical significance of the property, the remoteness or accessibility of the site, and the extent to which intrusions on the privacy of individuals living on the property would be unreasonable. How do i file an amended return for 2012 Building in registered historic district. How do i file an amended return for 2012   A contribution after July 25, 2006, of a qualified real property interest that is an easement or other restriction on the exterior of a building in a registered historic district is deductible only if it meets all of the following three conditions. How do i file an amended return for 2012 The restriction must preserve the entire exterior of the building and must prohibit any change to the exterior of the building that is inconsistent with its historical character. How do i file an amended return for 2012 You and the organization receiving the contribution must enter into a written agreement certifying, that the organization is a qualified organization and that it has the resources and commitment to maintain the property as donated. How do i file an amended return for 2012 If you make the contribution in a tax year beginning after August 17, 2006, you must include with your return: A qualified appraisal, Photographs of the building's entire exterior, and A description of all restrictions on development of the building, such as zoning laws and restrictive covenants. How do i file an amended return for 2012   If you make this type of contribution after February 12, 2007, and claim a deduction of more than $10,000, your deduction will not be allowed unless you pay a $500 filing fee. How do i file an amended return for 2012 See Form 8283-V, Payment Voucher for Filing Fee Under Section 170(f)(13), and its instructions. How do i file an amended return for 2012 Qualified real property interest. How do i file an amended return for 2012   This is any of the following interests in real property. How do i file an amended return for 2012 Your entire interest in real estate other than a mineral interest (subsurface oil, gas, or other minerals, and the right of access to these minerals). How do i file an amended return for 2012 A remainder interest. How do i file an amended return for 2012 A restriction (granted in perpetuity) on the use that may be made of the real property. How do i file an amended return for 2012 Valuation. How do i file an amended return for 2012   A qualified real property interest described in (1) should be valued in a manner that is consistent with the type of interest transferred. How do i file an amended return for 2012 If you transferred all the interest in the property, the FMV of the property is the amount of the contribution. How do i file an amended return for 2012 If you do not transfer the mineral interest, the FMV of the surface rights in the property is the amount of the contribution. How do i file an amended return for 2012   If you owned only a remainder interest or an income interest (life estate), see Undivided Part of Your Entire Interest, earlier. How do i file an amended return for 2012 If you owned the entire property but transferred only a remainder interest (item (2)), see Remainder Interest in Real Property, earlier. How do i file an amended return for 2012   In determining the value of restrictions, you should take into account the selling price in arm's-length transactions of other properties that have comparable restrictions. How do i file an amended return for 2012 If there are no comparable sales, the restrictions are valued indirectly as the difference between the FMVs of the property involved before and after the grant of the restriction. How do i file an amended return for 2012   The FMV of the property before contribution of the restriction should take into account not only current use but the likelihood that the property, without the restriction, would be developed. How do i file an amended return for 2012 You should also consider any zoning, conservation, or historical preservation laws that would restrict development. How do i file an amended return for 2012 Granting an easement may increase, rather than reduce, the value of property, and in such a situation no deduction would be allowed. How do i file an amended return for 2012 Example. How do i file an amended return for 2012   You own 10 acres of farmland. How do i file an amended return for 2012 Similar land in the area has an FMV of $2,000 an acre. How do i file an amended return for 2012 However, land in the general area that is restricted solely to farm use has an FMV of $1,500 an acre. How do i file an amended return for 2012 Your county wants to preserve open space and prevent further development in your area. How do i file an amended return for 2012   You grant to the county an enforceable open space easement in perpetuity on 8 of the 10 acres, restricting its use to farmland. How do i file an amended return for 2012 The value of this easement is $4,000, determined as follows: FMV of the property before granting easement:   $2,000 × 10 acres $20,000 FMV of the property after granting easement:   $1,500 × 8 acres $12,000   $2,000 × 2 acres 4,000 16,000 Value of easement   $4,000   If you later transfer in fee your remaining interest in the 8 acres to another qualified organization, the FMV of your remaining interest is the FMV of the 8 acres reduced by the FMV of the easement granted to the first organization. How do i file an amended return for 2012 More information. How do i file an amended return for 2012   For more information about qualified conservation contributions, see Publication 526. How do i file an amended return for 2012 Appraisals Appraisals are not necessary for items of property for which you claim a deduction of $5,000 or less. How do i file an amended return for 2012 (There is one exception, described next, for certain clothing and household items. How do i file an amended return for 2012 ) However, you generally will need an appraisal for donated property for which you claim a deduction of more than $5,000. How do i file an amended return for 2012 There are exceptions. How do i file an amended return for 2012 See Deductions of More Than $5,000, later. How do i file an amended return for 2012 The weight given an appraisal depends on the completeness of the report, the qualifications of the appraiser, and the appraiser's demonstrated knowledge of the donated property. How do i file an amended return for 2012 An appraisal must give all the facts on which to base an intelligent judgment of the value of the property. How do i file an amended return for 2012 The appraisal will not be given much weight if: All the factors that apply are not considered, The opinion is not supported with facts, such as purchase price and comparable sales, or The opinion is not consistent with known facts. How do i file an amended return for 2012 The appraiser's opinion is never more valid than the facts on which it is based; without these facts it is simply a guess. How do i file an amended return for 2012 The opinion of a person claiming to be an expert is not binding on the Internal Revenue Service. How do i file an amended return for 2012 All facts associated with the donation must be considered. How do i file an amended return for 2012 Deduction over $500 for certain clothing or household items. How do i file an amended return for 2012   You must include with your return a qualified appraisal of any single item of clothing or any household item that is not in good used condition or better, that you donated after August 17, 2006, and for which you deduct more than $500. How do i file an amended return for 2012 See Household Goods and Used Clothing, earlier. How do i file an amended return for 2012 Cost of appraisals. How do i file an amended return for 2012   You may not take a charitable contribution deduction for fees you pay for appraisals of your donated property. How do i file an amended return for 2012 However, these fees may qualify as a miscellaneous deduction, subject to the 2% limit, on Schedule A (Form 1040) if paid to determine the amount allowable as a charitable contribution. How do i file an amended return for 2012 Deductions of More Than $5,000 Generally, if the claimed deduction for an item or group of similar items of donated property is more than $5,000, you must get a qualified appraisal made by a qualified appraiser, and you must attach Section B of Form 8283 to your tax return. How do i file an amended return for 2012 There are exceptions, discussed later. How do i file an amended return for 2012 You should keep the appraiser's report with your written records. How do i file an amended return for 2012 Records are discussed in Publication 526. How do i file an amended return for 2012 The phrase “similar items” means property of the same generic category or type (whether or not donated to the same donee), such as stamp collections, coin collections, lithographs, paintings, photographs, books, nonpublicly traded stock, nonpublicly traded securities other than nonpublicly traded stock, land, buildings, clothing, jewelry, furniture, electronic equipment, household appliances, toys, everyday kitchenware, china, crystal, or silver. How do i file an amended return for 2012 For example, if you give books to three schools and you deduct $2,000, $2,500, and $900, respectively, your claimed deduction is more than $5,000 for these books. How do i file an amended return for 2012 You must get a qualified appraisal of the books and for each school you must attach a fully completed Form 8283, Section B, to your tax return. How do i file an amended return for 2012 Exceptions. How do i file an amended return for 2012   You do not need an appraisal if the property is: Nonpublicly traded stock of $10,000 or less, A vehicle (including a car, boat, or airplane) for which your deduction is limited to the gross proceeds from its sale, Qualified intellectual property, such as a patent, Certain publicly traded securities described next, Inventory and other property donated by a corporation that are “qualified contributions” for the care of the ill, the needy, or infants, within the meaning of section 170(e)(3)(A) of the Internal Revenue Code, or Stock in trade, inventory, or property held primarily for sale to customers in the ordinary course of your trade or business. How do i file an amended return for 2012   Although an appraisal is not required for the types of property just listed, you must provide certain information about a donation of any of these types of property on Form 8283. How do i file an amended return for 2012 Publicly traded securities. How do i file an amended return for 2012   Even if your claimed deduction is more than $5,000, neither a qualified appraisal nor Section B of Form 8283 is required for publicly traded securities that are: Listed on a stock exchange in which quotations are published on a daily basis, Regularly traded in a national or regional over-the-counter market for which published quotations are available, or Shares of an open-end investment company (mutual fund) for which quotations are published on a daily basis in a newspaper of general circulation throughout the United States. How do i file an amended return for 2012 Publicly traded securities that meet these requirements must be reported on Form 8283, Section A. How do i file an amended return for 2012   A qualified appraisal is not required, but Form 8283, Section B, Parts I and IV, must be completed, for an issue of a security that does not meet the requirements just listed but does meet these requirements: The issue is regularly traded during the computation period (defined later) in a market for which there is an “interdealer quotation system” (defined later), The issuer or agent computes the “average trading price” (defined later) for the same issue for the computation period, The average trading price and total volume of the issue during the computation period are published in a newspaper of general circulation throughout the United States, not later than the last day of the month following the end of the calendar quarter in which the computation period ends, The issuer or agent keeps books and records that list for each transaction during the computation period the date of settlement of the transaction, the name and address of the broker or dealer making the market in which the transaction occurred, and the trading price and volume, and The issuer or agent permits the Internal Revenue Service to review the books and records described in item (4) with respect to transactions during the computation period upon receiving reasonable notice. How do i file an amended return for 2012   An interdealer quotation system is any system of general circulation to brokers and dealers that regularly disseminates quotations of obligations by two or more identified brokers or dealers who are not related to either the issuer or agent who computes the average trading price of the security. How do i file an amended return for 2012 A quotation sheet prepared and distributed by a broker or dealer in the regular course of business and containing only quotations of that broker or dealer is not an interdealer quotation system. How do i file an amended return for 2012   The average trading price is the average price of all transactions (weighted by volume), other than original issue or redemption transactions, conducted through a United States office of a broker or dealer who maintains a market in the issue of the security during the computation period. How do i file an amended return for 2012 Bid and asked quotations are not taken into account. How do i file an amended return for 2012   The computation period is weekly during October through December and monthly during January through September. How do i file an amended return for 2012 The weekly computation periods during October through December begin with the first Monday in October and end with the first Sunday following the last Monday in December. How do i file an amended return for 2012 Nonpublicly traded stock. How do i file an amended return for 2012   If you contribute nonpublicly traded stock, for which you claim a deduction of $10,000 or less, a qualified appraisal is not required. How do i file an amended return for 2012 However, you must attach Form 8283 to your tax return, with Section B, Parts I and IV, completed. How do i file an amended return for 2012 Deductions of More Than $500,000 If you claim a deduction of more than $500,000 for a donation of property, you must attach a qualified appraisal of the property to your return. How do i file an amended return for 2012 This does not apply to contributions of cash, inventory, publicly traded stock, or intellectual property. How do i file an amended return for 2012 If you do not attach the appraisal, you cannot deduct your contribution, unless your failure to attach the appraisal is due to reasonable cause and not to willful neglect. How do i file an amended return for 2012 Qualified Appraisal Generally, if the claimed deduction for an item or group of similar items of donated property is more than $5,000, you must get a qualified appraisal made by a qualified appraiser. How do i file an amended return for 2012 You must also complete Form 8283, Section B, and attach it to your tax return. How do i file an amended return for 2012 See Deductions of More Than $5,000, earlier. How do i file an amended return for 2012 A qualified appraisal is an appraisal document that: Is made, signed, and dated by a qualified appraiser (defined later) in accordance with generally accepted appraisal standards, Meets the relevant requirements of Regulations section 1. How do i file an amended return for 2012 170A-13(c)(3) and Notice 2006-96, 2006-46 I. How do i file an amended return for 2012 R. How do i file an amended return for 2012 B. How do i file an amended return for 2012 902 (available at www. How do i file an amended return for 2012 irs. How do i file an amended return for 2012 gov/irb/2006-46_IRB/ar13. How do i file an amended return for 2012 html), Relates to an appraisal made not earlier than 60 days before the date of contribution of the appraised property, Does not involve a prohibited appraisal fee, and Includes certain information (covered later). How do i file an amended return for 2012 You must receive the qualified appraisal before the due date, including extensions, of the return on which a charitable contribution deduction is first claimed for the donated property. How do i file an amended return for 2012 If the deduction is first claimed on an amended return, the qualified appraisal must be received before the date on which the amended return is filed. How do i file an amended return for 2012 Form 8283, Section B, must be attached to your tax return. How do i file an amended return for 2012 Generally, you do not need to attach the qualified appraisal itself, but you should keep a copy as long as it may be relevant under the tax law. How do i file an amended return for 2012 There are four exceptions. How do i file an amended return for 2012 If you claim a deduction of $20,000 or more for donations of art, you must attach a complete copy of the appraisal. How do i file an amended return for 2012 See Paintings, Antiques, and Other Objects of Art, earlier. How do i file an amended return for 2012 If you claim a deduction of more than $500,000 for a donation of property, you must attach the appraisal. How do i file an amended return for 2012 See Deductions of More Than $500,000, earlier. How do i file an amended return for 2012 If you claim a deduction of more than $500 for an article of clothing, or a household item, that is not in good used condition or better, that you donated after August 17, 2006, you must attach the appraisal. How do i file an amended return for 2012 See Deduction over $500 for certain clothing or household items, earlier. How do i file an amended return for 2012 If you claim a deduction in a tax year beginning after August 17, 2006, for an easement or other restriction on the exterior of a building in a historic district, you must attach the appraisal. How do i file an amended return for 2012 See Building in registered historic district, earlier. How do i file an amended return for 2012 Prohibited appraisal fee. How do i file an amended return for 2012   Generally, no part of the fee arrangement for a qualified appraisal can be based on a percentage of the appraised value of the property. How do i file an amended return for 2012 If a fee arrangement is based on what is allowed as a deduction, after Internal Revenue Service examination or otherwise, it is treated as a fee based on a percentage of appraised value. How do i file an amended return for 2012 However, appraisals are not disqualified when an otherwise prohi
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The How Do I File An Amended Return For 2012

How do i file an amended return for 2012 17. How do i file an amended return for 2012   Arreglos de Ahorros para la Jubilación (Arreglos IRA) Table of Contents Qué Hay de Nuevo en el Año 2013 Recordatorios Introduction Useful Items - You may want to see: Arreglos IRA Tradicionales¿Quién Puede Abrir un Arreglo IRA Tradicional? ¿Cuándo y Cómo se Puede Abrir un Arreglo IRA Tradicional? ¿Cuánto se Puede Aportar? ¿Cuándo se Pueden Hacer Aportaciones? ¿Cuánto se Puede Deducir? Aportaciones no Deducibles Arreglos IRA Heredados ¿Puede Traspasar Activos de un Plan de Jubilación? ¿Cuándo Puede Retirar o Utilizar Activos de un Arreglo IRA? ¿Cuándo Tiene que Retirar Activos de un Arreglo IRA? (Distribuciones Mínimas Obligatorias) ¿Están Sujetas a Impuestos las Distribuciones? ¿Qué Acciones Dan Lugar a Multas o Impuestos Adicionales? Arreglos Roth IRA ¿Qué Es un Arreglo Roth IRA? ¿Cuándo se Puede Abrir un Arreglo Roth IRA? ¿Puede Hacer Aportaciones a un Arreglo Roth IRA? ¿Se Pueden Trasladar Activos a un Arreglo Roth IRA? ¿Están Sujetas a Impuestos las Distribuciones? Qué Hay de Nuevo en el Año 2013 Límite en las aportaciones y las deducciones de los arreglos IRA tradicionales. How do i file an amended return for 2012  El límite sobre las aportaciones que puede efectuar a su arreglo IRA tradicional para el año 2013 aumentará a la cantidad menor entre las cantidades siguientes: $5,500 o Su remuneración tributable para el año. How do i file an amended return for 2012 Si usted tiene 50 años o más antes del año 2014, lo máximo que puede aportar a su arreglo IRA tradicional para 2013 será la cantidad menor entre las cantidades siguientes: $6,500 o Su remuneración tributable para el año. How do i file an amended return for 2012 Si desea más información, vea ¿Cuánto se Puede Aportar? , más adelante. How do i file an amended return for 2012 Límite en las aportaciones de los arreglos Roth IRA. How do i file an amended return for 2012  Si las aportaciones efectuadas en nombre suyo se realizan únicamente a los arreglos Roth IRA, el límite de su aportación para el año 2013 será generalmente la cantidad menor entre las cantidades siguientes: $5,500 o Su remuneración tributable para el año. How do i file an amended return for 2012 Si usted tiene 50 años o más antes del año 2014 y las aportaciones efectuadas en nombre suyo se realizaron únicamente a arreglos Roth IRA, lo máximo que puede aportar para el año 2013 será generalmente la cantidad menor entre las cantidades siguientes: $6,500 o Su remuneración tributable para el año. How do i file an amended return for 2012 Sin embargo, si su ingreso bruto ajustado modificado es mayor que cierta cantidad, el límite sobre su aportación podría reducirse. How do i file an amended return for 2012 Si desea más información, vea ¿Cuánto se Puede Aportar? , bajo ¿Puede Hacer Aportaciones a un Arreglo Roth IRA?, más adelante. How do i file an amended return for 2012 Aumento del límite del ingreso bruto ajustado modificado para aportaciones hechas a un arreglo IRA tradicional. How do i file an amended return for 2012  Para 2013, si estaba cubierto por un plan de jubilación en el trabajo, su deducción por aportaciones a un arreglo IRA tradicional se reduce paulatinamente si su ingreso bruto ajustado modificado es: Más de $95,000 pero menos de $115,000 en el caso de un matrimonio que presente la declaración conjunta o un viudo que reúna los requisitos, Más de $59,000 pero menos de $69,000 en el caso de un soltero o cabeza de familia o Menos de $10,000 en el caso de un casado que presente la declaración por separado. How do i file an amended return for 2012 Si vivía con su cónyuge o presenta la declaración conjunta y su cónyuge estaba cubierto por un plan de jubilación en el trabajo, pero usted no lo estaba, se reduce paulatinamente su deducción si tiene ingresos brutos ajustados modificados de más de $178,000 pero menos de $188,000. How do i file an amended return for 2012 Si tiene ingresos brutos ajustados modificados de $188,000 o más, no puede hacer una deducción por aportaciones hechas a un arreglo IRA tradicional. How do i file an amended return for 2012 Vea Cuánto se Puede Deducir , más adelante. How do i file an amended return for 2012 Aumento del límite del ingreso bruto ajustado modificado para aportaciones hechas a un arreglo Roth IRA. How do i file an amended return for 2012  Para 2013, el límite sobre aportaciones a un arreglo Roth IRA se reduce paulatinamente en las siguientes situaciones: Su estado civil para efectos de la declaración es casado que presenta la declaración conjunta o viudo que reúne los requisitos y tiene ingresos brutos ajustados modificados de por lo menos $178,000. How do i file an amended return for 2012 No puede hacer aportaciones a un arreglo Roth IRA si tiene ingresos brutos ajustados modificados de $188,000 o más. How do i file an amended return for 2012 Su estado civil para efectos de la declaración es soltero, cabeza de familia, o casado que presenta la declaración por separado y no vivió con su cónyuge en ningún momento en 2013 y su ingreso bruto ajustado modificado es por lo menos $112,000. How do i file an amended return for 2012 No puede hacer aportaciones a un arreglo Roth IRA si tiene ingresos brutos ajustados modificados de $127,000 o más. How do i file an amended return for 2012 Su estado civil para efectos de la declaración es casado que presenta la declaración por separado, vivió con su cónyuge en algún momento durante el año y sus ingresos brutos ajustados modificados son más de -0-. How do i file an amended return for 2012 No puede hacer aportaciones a un arreglo Roth IRA si tiene ingresos brutos ajustados modificados de $10,000 o más. How do i file an amended return for 2012 Vea Puede Hacer Aportaciones a un Arreglo Roth IRA , más adelante. How do i file an amended return for 2012 Impuesto sobre los ingresos netos de inversión. How do i file an amended return for 2012  Para propósitos del impuesto sobre los ingresos netos de inversión (NIIT, por sus siglas en inglés), los ingresos netos de inversión no incluyen distribuciones de un plan de jubilación calificado, incluidos los arreglos IRA (como por ejemplo, los planes conforme a las secciones 401(a), 403(a), 403(b), 408, 408A o 457(b)). How do i file an amended return for 2012 Sin embargo, estas distribuciones se incluyen al calcular el límite del ingreso bruto ajustado modificado. How do i file an amended return for 2012 Las distribuciones de un plan de jubilación no calificado se incluyen en los ingresos netos de inversión. How do i file an amended return for 2012 Vea el Formulario 8960, Net Investment Income Tax — Individuals, Estates, and Trusts (Impuesto sobre los ingresos netos de inversión —Personas físicas, patrimonios y fideicomisos), además de sus instrucciones, ambos disponibles en inglés, si desea obtener más información. How do i file an amended return for 2012 Cambio de nombre. How do i file an amended return for 2012 . How do i file an amended return for 2012  El nombre de todos los arreglos IRA para cónyuges ha cambiado a Kay Bailey Hutchison IRA para cónyuges. How do i file an amended return for 2012 No hubo cambio a las reglas que rigen estos arreglos IRA. How do i file an amended return for 2012 Vea, Arreglo Kay Bailey Hutchison IRA para cónyuges , más adelante, para más información. How do i file an amended return for 2012 Recordatorios Límites de 2014. How do i file an amended return for 2012  Encontrará información acerca de los límites de aportaciones de 2014 y del Ingreso Bruto Ajustado (AGI por sus siglas en inglés) en la Publicación 590, en inglés. How do i file an amended return for 2012 Aportaciones hechas a arreglos IRA tradicionales y a arreglos Roth IRA. How do i file an amended return for 2012   Para información adicional sobre el límite de la suma de aportaciones si se realizan aportaciones a un arreglo IRA tradicional y un arreglo Roth IRA, vea Arreglos Roth IRA y arreglos IRA tradicionales bajo ¿Cuánto se Puede Aportar?, en la sección dedicada a los Arreglos Roth IRA, más adelante. How do i file an amended return for 2012 Informe de la distribución mínima obligatoria. How do i file an amended return for 2012  Si una distribución mínima de su arreglo IRA es obligatoria, el fideicomisario, custodio o emisor en cuyas manos estaba dicho arreglo IRA al final del año precedente tiene que informarle de la distribución mínima obligatoria o estar dispuesto a calculársela. How do i file an amended return for 2012 El informe o disposición anterior tiene que incluir la fecha para la cual se tiene que distribuir la cantidad de fondos. How do i file an amended return for 2012 El informe se debe entregar el 31 de enero del año en el que se requiera la distribución mínima. How do i file an amended return for 2012 Se puede entregar junto con el informe de la declaración del valor justo de mercado de finales de año que se le suele enviar cada año. How do i file an amended return for 2012 No se necesita entregar este informe en el caso de arreglos IRA cuyos dueños hayan fallecido. How do i file an amended return for 2012 Intereses de arreglos IRA. How do i file an amended return for 2012  Aunque los intereses procedentes de un arreglo IRA no se suelen tributar en el año en el que se devengan, éstos no se consideran intereses exentos de impuestos. How do i file an amended return for 2012 En la mayoría de los casos, los impuestos devengados por un arreglo IRA tradicional se postergan hasta que reciba una distribución. How do i file an amended return for 2012 No declare dichos intereses como intereses exentos de impuestos en su declaración de impuestos. How do i file an amended return for 2012 Formulario 8606. How do i file an amended return for 2012   Para declarar las aportaciones como no deducibles, tiene que presentar el Formulario 8606, Nondeductible IRAs (Arreglos IRA no deducibles), en inglés. How do i file an amended return for 2012 La expresión “50 años de edad o más” se usa algunas veces en este capítulo. How do i file an amended return for 2012 Se refiere al dueño de un arreglo IRA que ha cumplido 50 años de edad o más para finales del año tributario. How do i file an amended return for 2012 Introduction Un arreglo de ahorros para la jubilación (IRA, por sus siglas en inglés) es un plan individual de ahorros que le brinda ventajas tributarias para ahorrar con miras a la jubilación. How do i file an amended return for 2012 Este capítulo trata de los siguientes temas: Las reglas relativas a un arreglo IRA tradicional (todo arreglo IRA que no sea un arreglo Roth o SIMPLE IRA). How do i file an amended return for 2012 El arreglo Roth IRA, que brinda las opciones de hacer aportaciones no deducibles y distribuciones exentas de impuestos. How do i file an amended return for 2012 Este capítulo no presenta los Simplified Employee Pensions (Planes de pensión simplificada para empleados, o SEP, por sus siglas en inglés) ni los Savings Incentive Match Plans for Employees (Planes de incentivos de ahorros para empleados en los que el empleador aporta cantidades iguales, o SIMPLE, por sus siglas en inglés). How do i file an amended return for 2012 Para más información acerca de estos planes y los arreglos SEP IRA y SIMPLE que son parte de dichos planes, vea las Publicaciones 560 y 590, en inglés. How do i file an amended return for 2012 Para información sobre aportaciones, deducciones, retiros, traspasos, reinversiones y otras transacciones, vea la Publicación 590, en inglés. How do i file an amended return for 2012 Useful Items - You may want to see: Publicación 560 Retirement Plans for Small Business (Planes de jubilación para pequeños negocios), en inglés 590 Individual Retirement Arrangements (IRAs) (Arreglos de ahorros para la jubilación (Arreglos IRA)), en inglés Formulario (e Instrucciones) 5329 Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts (Impuestos adicionales sobre planes calificados (incluidos los arreglos IRA) y otros arreglos con beneficios tributarios), en inglés 8606 Nondeductible IRAs (Arreglos IRA no deducibles), en inglés Arreglos IRA Tradicionales En este capítulo, el arreglo IRA original (conocido también como arreglo IRA ordinario) se denomina “arreglo IRA tradicional”. How do i file an amended return for 2012 Un arreglo IRA tradicional es todo arreglo IRA que no sea un arreglo Roth IRA ni un arreglo SIMPLE IRA. How do i file an amended return for 2012 Dos ventajas que brinda un arreglo IRA tradicional son: Podría deducir una parte o la totalidad de las aportaciones hechas a dicho arreglo, según las circunstancias y Normalmente, no se gravan impuestos a los fondos de un arreglo IRA, ingresos y ganancias inclusive, hasta que se hayan distribuido. How do i file an amended return for 2012 ¿Quién Puede Abrir un Arreglo IRA Tradicional? Puede abrir y hacer aportaciones a un arreglo IRA tradicional si: Usted (o su cónyuge, si presenta una declaración conjunta) recibió remuneración tributable en el curso del año y No había cumplido 70 años y medio de edad antes de finalizar el año. How do i file an amended return for 2012 ¿Qué es remuneración?   Normalmente, la remuneración es lo que gana trabajando. How do i file an amended return for 2012 La remuneración abarca salarios, sueldos, propinas, honorarios profesionales, bonificaciones o premios y otras cantidades que reciba por haber prestado servicios personales. How do i file an amended return for 2012 Para fines del IRS, se considera remuneración toda cantidad que aparezca correctamente en el recuadro 1 (Wages, tips, other compensation (Salarios, propinas, otra remuneración)) del Formulario W-2, Wage and Tax Statement (Comprobante de salarios y retención de impuestos), en inglés, siempre y cuando dicha cantidad se reduzca por toda cantidad que aparezca correctamente en el recuadro 11 (Nonqualified plans (Planes no calificados)). How do i file an amended return for 2012   Los pagos de becas de estudios y de desarrollo profesional se consideran remuneración para este propósito sólo si aparecen en el recuadro 1 del Formulario W-2. How do i file an amended return for 2012   La remuneración también abarca las comisiones y pagos tributables de pensión para el cónyuge divorciado y manutención por separación judicial del cónyuge o ex cónyuge. How do i file an amended return for 2012 Ingresos de trabajo por cuenta propia. How do i file an amended return for 2012   Si trabaja por cuenta propia (como dueño único o socio), la remuneración son las ganancias netas provenientes de su ocupación o negocio (siempre y cuando los servicios personales prestados por usted sean un factor que genere ingresos materiales) reducidos por el total de: La deducción por aportaciones hechas en nombre suyo a planes de jubilación y La parte deducible de su impuesto sobre el trabajo por cuenta propia. How do i file an amended return for 2012   La remuneración abarca ganancias del trabajo por cuenta propia aunque, por sus creencias religiosas, no estén sujetas al impuesto sobre el trabajo por cuenta propia. How do i file an amended return for 2012 Paga no tributable por combate. How do i file an amended return for 2012   Para fines de un arreglo IRA, si era miembro de las Fuerzas Armadas estadounidenses, la remuneración incluye toda paga no tributable por combate que reciba. How do i file an amended return for 2012 ¿Qué no es remuneración?   La remuneración no abarca lo siguiente: Ganancias y utilidades provenientes de una propiedad, como ingresos de alquiler, ingresos de intereses e ingresos de dividendos. How do i file an amended return for 2012 Ingresos de pensiones o anualidades. How do i file an amended return for 2012 Remuneración diferida recibida (pagos de remuneración aplazados en un año anterior). How do i file an amended return for 2012 Ingresos de una sociedad colectiva a cambio de los cuales usted no presta servicios que se consideren un factor de generación de ingresos materiales. How do i file an amended return for 2012 Pagos del Conservation Reserve Program (Programa del fondo de conservación o CRP, por sus siglas en inglés) declarados en la línea 1b del Anexo SE del Formulario 1040. How do i file an amended return for 2012 Toda cantidad (que no sea paga por combate) que excluya de los ingresos, como ingresos de fuentes del extranjero y costos de alojamiento en el extranjero. How do i file an amended return for 2012 ¿Cuándo y Cómo se Puede Abrir un Arreglo IRA Tradicional? Puede abrir un arreglo IRA tradicional en cualquier momento. How do i file an amended return for 2012 No obstante, el plazo para hacer aportaciones a dicho arreglo en un año dado es limitado. How do i file an amended return for 2012 Vea ¿Cuándo se Pueden Hacer Aportaciones? , más adelante. How do i file an amended return for 2012 Puede abrir varios tipos de arreglos IRA en diversas organizaciones. How do i file an amended return for 2012 Puede abrir un arreglo IRA en un banco u otra institución financiera o en un fondo mutuo o compañía de seguros de vida. How do i file an amended return for 2012 También puede abrir un arreglo IRA a través de un agente de un corredor bursátil. How do i file an amended return for 2012 Todo arreglo IRA tiene que cumplir los requisitos del Código Federal de Impuestos Internos. How do i file an amended return for 2012 Tipos de arreglos IRA tradicionales. How do i file an amended return for 2012   Un arreglo IRA tradicional puede ser un arreglo de ahorros para la jubilación o una anualidad. How do i file an amended return for 2012 Puede ser parte de un plan de pensión simplificada para empleados (SEP) o una cuenta fiduciaria de una asociación de empleadores o de empleados. How do i file an amended return for 2012 ¿Cuánto se Puede Aportar? Existen límites y otras reglas que determinan la cantidad de fondos que se puede aportar a un arreglo IRA tradicional. How do i file an amended return for 2012 Estos límites y otras reglas se explican a continuación. How do i file an amended return for 2012 Leyes de los bienes gananciales. How do i file an amended return for 2012   Salvo en las situaciones presentadas más adelante bajo Límite de aportaciones a los arreglos Kay Bailey Hutchison IRA para cónyuges , cada cónyuge calcula su límite por separado, basándose en su propia remuneración. How do i file an amended return for 2012 Esta regla es aplicable incluso en estados con leyes sobre bienes gananciales. How do i file an amended return for 2012 Comisiones de corredor bursátil. How do i file an amended return for 2012   Las comisiones de agentes de corredor bursátil que se pagan con relación a un arreglo IRA tradicional están sujetas al límite de aportaciones. How do i file an amended return for 2012 Honorarios de fideicomisarios. How do i file an amended return for 2012   Los honorarios de administración del fideicomisario no están sujetos al límite de aportaciones. How do i file an amended return for 2012 Aportaciones de cantidades iguales a las recibidas como ciudadano en reserva militar que reúna los requisitos. How do i file an amended return for 2012   Si es (o era) miembro de una unidad reservista y recibió órdenes o se le llamó a prestar servicio activo después del 11 de septiembre de 2001, tal vez pueda aportar a un arreglo IRA cantidades iguales a distribuciones que haya recibido por ser ciudadano en reserva militar que reunía los requisitos. How do i file an amended return for 2012 Puede realizar aportaciones de esta índole aun si éstas hacen que el total de las aportaciones hechas al arreglo IRA supere el límite general sobre aportaciones. How do i file an amended return for 2012 Para tener el derecho de hacer estas aportaciones de cantidades iguales a las que se le pagaron como ciudadano en reserva militar, tiene que haber recibido una distribución por ser ciudadano en reserva militar que reunía los requisitos. How do i file an amended return for 2012 Dicha distribución tiene que ser de un arreglo IRA o de un plan conforme a la sección 401(k) o 403(b) o plan similar. How do i file an amended return for 2012   Para más información, vea Qualified reservist repayments (Aportaciones de cantidades iguales a las recibidas como ciudadano en reserva militar que reúne los requisitos), bajo How Much Can Be Contributed? (¿Cuánto se puede aportar?), en el capítulo 1 de la Publicación 590, en inglés. How do i file an amended return for 2012 Las aportaciones hechas en nombre suyo a un arreglo IRA tradicional reducen el límite de aportaciones a un arreglo Roth IRA. How do i file an amended return for 2012 Vea Arreglos Roth IRA , más adelante. How do i file an amended return for 2012 Límite general. How do i file an amended return for 2012   Para 2013, la cantidad máxima que se puede aportar a un arreglo IRA tradicional suele ser la menor de las siguientes cantidades: $5,500 ($6,500 si tiene 50 años de edad o más). How do i file an amended return for 2012 La remuneración tributable (definida anteriormente) que haya recibido durante el año. How do i file an amended return for 2012 Ésta es la cantidad máxima que se puede aportar a un arreglo IRA independientemente de si se aportan fondos a uno o más arreglos IRA tradicionales o si una parte o la totalidad de los mismos no son deducibles. How do i file an amended return for 2012 (Vea Aportaciones no Deducibles , más adelante). How do i file an amended return for 2012 Las aportaciones hechas por reservistas calificados, que devuelven distribuciones recibidas, no afectan a este límite. How do i file an amended return for 2012 Ejemplo 1. How do i file an amended return for 2012 Isabel, de 34 años de edad y soltera, ganó $24,000 en 2013. How do i file an amended return for 2012 El límite de aportaciones a su arreglo IRA en 2013 es $5,500. How do i file an amended return for 2012 Ejemplo 2. How do i file an amended return for 2012 Juan, un estudiante universitario soltero que trabaja a tiempo parcial, ganó $3,500 en 2013. How do i file an amended return for 2012 El límite de aportaciones a su arreglo IRA en 2013 es $3,500, la cantidad de la remuneración que recibió. How do i file an amended return for 2012 Límite de aportaciones a los arreglos Kay Bailey Hutchison IRA para cónyuges. How do i file an amended return for 2012   Para el año 2013, si presenta una declaración conjunta y recibe menos remuneración tributable que su cónyuge, la cantidad máxima de fondos que puede aportar a su arreglo IRA en ese año es la menor de las cantidades siguientes: $5,500 ($6,500 si tiene 50 años de edad o más). How do i file an amended return for 2012 El total de la remuneración que se pueda incluir en los ingresos brutos de tanto usted como su cónyuge en ese año, reducido por las dos cantidades siguientes: La aportación de su cónyuge en ese año a un arreglo IRA tradicional. How do i file an amended return for 2012 Toda aportación que se haya hecho en ese año a un arreglo Roth IRA en nombre de su cónyuge. How do i file an amended return for 2012 Esto quiere decir que la suma total de las aportaciones que pueden hacer en ese año a su arreglo IRA y la de su cónyuge puede ser de hasta $11,000 ($12,000 si sólo uno de ustedes tiene 50 años de edad o más, o $13,000 si los dos tienen 50 años de edad o más). How do i file an amended return for 2012 ¿Cuándo se Pueden Hacer Aportaciones? En cuanto abra un arreglo IRA tradicional, se pueden realizar aportaciones al mismo por medio del fideicomisario u otro administrador. How do i file an amended return for 2012 Las aportaciones tienen que ser en forma de dinero (efectivo, cheque o giro). How do i file an amended return for 2012 No se pueden realizar aportaciones de bienes. How do i file an amended return for 2012 Las aportaciones se tienen que hacer dentro del plazo correspondiente. How do i file an amended return for 2012   Las aportaciones a su arreglo IRA tradicional para un año dado se pueden hacer en cualquier momento del año o dentro del plazo para presentar la declaración de dicho año, prórrogas excluidas. How do i file an amended return for 2012 Regla de la edad de 70 años y medio. How do i file an amended return for 2012   No se pueden hacer aportaciones a un arreglo IRA tradicional para el año en que usted cumple 70 años y medio de edad ni para ningún año posterior. How do i file an amended return for 2012   Se considera que alcanza la edad de 70 años y medio a los 6 meses naturales del septuagésimo (número 70) aniversario de su nacimiento. How do i file an amended return for 2012 Si nació el 30 de junio de 1943 o antes, no puede hacer aportaciones para el año 2013 ni para ningún año posterior. How do i file an amended return for 2012 Cómo indicar el año de la aportación. How do i file an amended return for 2012   Si aporta una cantidad de fondos a su arreglo IRA tradicional entre el 1 de enero y el 15 de abril, debería informarle al fideicomisario u otro administrador del año al que corresponde dicha aportación, es decir, si corresponde al año actual o al año anterior. How do i file an amended return for 2012 Si no le informa al fideicomisario u otro administrador del año al que corresponde la aportación, el fideicomisario u otro administrador puede suponer que la misma corresponde al año actual (el año en el que el fideicomisario u otro administrador la recibió) y por lo tanto declararla como tal al IRS. How do i file an amended return for 2012 Presentación de la declaración antes de hacer una aportación. How do i file an amended return for 2012   Al presentar la declaración de impuestos, puede declarar una aportación hecha a un arreglo IRA tradicional antes de haber hecho realmente dicha aportación. How do i file an amended return for 2012 Normalmente, debe hacer la aportación a más tardar en la fecha límite de la declaración de impuestos (sin contar prórrogas). How do i file an amended return for 2012 No es obligatorio hacer aportaciones. How do i file an amended return for 2012   No tiene que aportar fondos a su arreglo IRA tradicional para cada año tributario, aun si puede hacerlo. How do i file an amended return for 2012 ¿Cuánto se Puede Deducir? Normalmente, puede deducir la cantidad menor entre: Las aportaciones hechas a su arreglo IRA tradicional para el año o El límite general (o el límite a los arreglos Kay Bailey Hutchison IRA para cónyuges, si corresponde). How do i file an amended return for 2012 No obstante, si usted o su cónyuge estaba cubierto por un plan para la jubilación del empleador, tal vez no pueda deducir esta cantidad. How do i file an amended return for 2012 Vea Límite si se Tiene Cobertura bajo un Plan del Empleador , más adelante. How do i file an amended return for 2012 Tal vez pueda reclamar un crédito por aportaciones hechas a un arreglo IRA tradicional. How do i file an amended return for 2012 Para más información, vea el capítulo 37. How do i file an amended return for 2012 Honorarios de fideicomisarios. How do i file an amended return for 2012   Los honorarios administrativos del fideicomisario que se facturen por separado y se paguen en relación a su arreglo IRA tradicional no se pueden deducir como aportaciones a un arreglo IRA. How do i file an amended return for 2012 No obstante, sí se pueden deducir como deducción detallada miscelánea en el Anexo A (Formulario 1040). How do i file an amended return for 2012 Vea el capítulo 28. How do i file an amended return for 2012 Comisiones de corredores bursátiles. How do i file an amended return for 2012   Las comisiones de corredores bursátiles son parte de las aportaciones hechas a un arreglo IRA y, como tal, se pueden deducir sujetas a los límites. How do i file an amended return for 2012 Deducción completa. How do i file an amended return for 2012   Si ni usted ni su cónyuge estaba cubierto en ningún momento del año por un plan para la jubilación del empleador, puede hacer una deducción por el total de aportaciones hechas a uno o más arreglos IRA tradicionales hasta la menor de las siguientes cantidades: $5,500 ($6,500 si tiene 50 años de edad o más en 2013). How do i file an amended return for 2012 El 100% de su remuneración. How do i file an amended return for 2012 Este límite se reduce por toda aportación hecha a un plan 501(c)(18) en nombre de usted. How do i file an amended return for 2012 Arreglo Kay Bailey Hutchison IRA para el cónyuge. How do i file an amended return for 2012   En el caso de una pareja casada que haya recibido remuneración en cantidades distintas y que presente una declaración conjunta, la deducción por aportaciones al arreglo IRA tradicional del cónyuge con menos remuneración se limita a la menor de las siguientes cantidades: $5,500 ($6,500 si el cónyuge con la menor remuneración tiene 50 años de edad o más en 2013). How do i file an amended return for 2012 El total de la remuneración que se puede incluir en los ingresos brutos de ambos cónyuges en ese año, reducido por las tres cantidades siguientes: La deducción IRA para el año del cónyuge con mayor remuneración. How do i file an amended return for 2012 Toda aportación designada no deducible hecha durante el año en nombre del cónyuge con mayor remuneración. How do i file an amended return for 2012 Toda aportación hecha durante el año a un arreglo Roth IRA de parte del cónyuge con mayor remuneración. How do i file an amended return for 2012 Este límite se reduce por toda aportación que se haya hecho a un plan 501(c)(18) de parte del cónyuge con menor remuneración. How do i file an amended return for 2012 Nota: Si estaba divorciado o legalmente separado (y no volvió a casarse) antes de terminar el año, no puede deducir ninguna aportación hecha al arreglo IRA de su cónyuge. How do i file an amended return for 2012 Después de un divorcio o separación legal, puede deducir sólo aportaciones hechas a su propio arreglo IRA. How do i file an amended return for 2012 Dichas deducciones están sujetas a las reglas correspondientes a personas solteras. How do i file an amended return for 2012 Si está cubierto por un plan del empleador para la jubilación. How do i file an amended return for 2012   Si usted o su cónyuge estuvo cubierto por un plan del empleador para la jubilación en algún momento del año en el que se hayan hecho aportaciones, se podría limitar aún más la deducción. How do i file an amended return for 2012 Este tema se trata más adelante bajo Límite si se Tiene Cobertura bajo un Plan del Empleador . How do i file an amended return for 2012 Los límites sobre la cantidad que se puede deducir no influyen en la cantidad que se puede aportar. How do i file an amended return for 2012 Vea Aportaciones no Deducibles , más adelante. How do i file an amended return for 2012 ¿Está Cubierto por un Plan del Empleador? El Formulario W-2 que recibe de su empleador tiene un recuadro que se utiliza para indicar si usted estuvo cubierto durante el año. How do i file an amended return for 2012 El recuadro “Retirement plan” (Plan para la jubilación) debe estar marcado si estuvo cubierto. How do i file an amended return for 2012 Se aconseja que los ciudadanos en reserva militar y bomberos voluntarios consulten también Situaciones en las Cuales no Está Cubierto por un Plan del Empleador , más adelante. How do i file an amended return for 2012 Si no está seguro de si tuvo cobertura bajo el plan para la jubilación ofrecido por su empleador, diríjase a él. How do i file an amended return for 2012 Jueces federales. How do i file an amended return for 2012   Para fines de la deducción IRA, los jueces federales están cubiertos por un plan del empleador para la jubilación. How do i file an amended return for 2012 ¿Para Qué Año(s) Está Cubierto Usted por un Plan del Empleador? Existen reglas especiales para determinar los años tributarios cubiertos por el plan de su empleador para la jubilación. How do i file an amended return for 2012 Dichas reglas difieren según el tipo de plan, es decir, si es un plan de beneficios definidos o de aportaciones definidas. How do i file an amended return for 2012 Año tributario. How do i file an amended return for 2012   El año tributario es el período contable anual que utiliza para mantener documentación y declarar ingresos y gastos en la declaración del impuesto sobre el ingreso. How do i file an amended return for 2012 En la mayoría de los casos, el año tributario es el año natural. How do i file an amended return for 2012 Plan de aportaciones definidas. How do i file an amended return for 2012   Normalmente, está cubierto por un plan de aportaciones definidas para un año tributario si se aportan o asignan fondos a su cuenta para el año de plan que finaliza con dicho año tributario o dentro del mismo. How do i file an amended return for 2012   Un plan de aportaciones definidas es un plan que establece una cuenta distinta para cada persona cubierta bajo dicho plan. How do i file an amended return for 2012 Los tipos de planes de aportaciones definidas abarcan planes de participación en las ganancias, planes de bonificación de acciones y planes de pensión por compra de dinero. How do i file an amended return for 2012 Plan de beneficios definidos. How do i file an amended return for 2012   Si tiene derecho a participar en el plan de beneficios definidos del empleador para el año del plan que termina dentro de su año tributario, está cubierto por dicho plan. How do i file an amended return for 2012 Esta regla es aplicable aun si usted: No optó por participar en el plan, No hizo una aportación obligatoria o No ocupó su puesto durante suficiente tiempo como para tener derecho a beneficio alguno ese año. How do i file an amended return for 2012   Un plan de beneficios definidos es todo plan que no sea un plan de aportaciones definidas. How do i file an amended return for 2012 Los planes de beneficios definidos abarcan los planes de pensiones y de anualidad. How do i file an amended return for 2012 Sin intereses adquiridos. How do i file an amended return for 2012   Si acumula algún beneficio para el año del plan, sigue con cobertura bajo dicho plan aunque no tenga intereses adquiridos (derecho legal a éste) en el beneficio acumulado conforme a la ley. How do i file an amended return for 2012 Situaciones en las Cuales no Está Cubierto por un Plan del Empleador A menos que tenga cobertura bajo otro plan de un empleador, no está cubierto por un plan de un empleador si se encuentra en una de las siguientes situaciones: Seguro Social o jubilación de empleados ferroviarios. How do i file an amended return for 2012   La cobertura que se brinda bajo el Seguro Social o la jubilación de empleados ferroviarios no se considera cobertura bajo un plan del empleador para la jubilación. How do i file an amended return for 2012 Beneficios del plan de un empleador anterior. How do i file an amended return for 2012   Si recibe beneficios de jubilación del plan de un empleador anterior, no está cubierto por dicho plan. How do i file an amended return for 2012 Ciudadano en reserva militar. How do i file an amended return for 2012   Si la única razón por la cual participa en un plan es que es miembro de una unidad de reserva de las Fuerzas Armadas, es posible que no tenga cobertura bajo dicho plan. How do i file an amended return for 2012 No está cubierto por el plan si se cumplen los dos requisitos siguientes: El plan en el que participa ha sido establecido para los empleados participantes por parte de: Los Estados Unidos, Un estado o una subdivisión política de un estado o Un organismo de cualquiera de los puntos (a) o (b) mencionados anteriormente. How do i file an amended return for 2012 No prestó servicio activo por un período de más de 90 días durante el año (sin contar servicios prestados en períodos de adiestramiento). How do i file an amended return for 2012 Bomberos voluntarios. How do i file an amended return for 2012   Si el único motivo por el cual participa en un plan es que es bombero voluntario, tal vez no esté cubierto por dicho plan. How do i file an amended return for 2012 No está cubierto por el plan si se cumplen los dos requisitos siguientes: El plan en el que participa ha sido establecido para los empleados participantes por parte de: Los Estados Unidos, Un estado o una subdivisión política de un estado o Un organismo de cualquiera de los puntos (a) o (b) mencionados anteriormente. How do i file an amended return for 2012 Los beneficios de jubilación acumulados al comenzar el año no le darán más de $1,800 al año cuando se jubile. How do i file an amended return for 2012 Límite si se Tiene Cobertura bajo un Plan del Empleador Si usted o su cónyuge estuvo cubierto por un plan de jubilación ofrecido por su empleador, puede ser que sólo tenga derecho a una deducción parcial (reducida) o que no le corresponda ninguna, según sus ingresos y estado civil para efectos de la declaración. How do i file an amended return for 2012 La deducción empieza a reducirse paulatinamente cuando sus ingresos sobrepasen cierta cantidad y se elimina completamente cuando alcancen una cantidad aún mayor. How do i file an amended return for 2012 Dichas cantidades varían según su estado civil para efectos de la declaración. How do i file an amended return for 2012 Para saber si su deducción está sujeta a la eliminación paulatina (reducción progresiva), debe determinar sus ingresos brutos ajustados modificados y estado civil para efectos de la declaración. How do i file an amended return for 2012 Vea Estado civil para efectos de la declaración e Ingresos brutos ajustados modificados (MAGI, por sus siglas en inglés) , más adelante. How do i file an amended return for 2012 Entonces utilice la Tabla 17-1 ó 17-2 para determinar si corresponde la reducción paulatina. How do i file an amended return for 2012 Destinatarios de beneficios del Seguro Social. How do i file an amended return for 2012   En vez de utilizar la Tabla 17-1 ó 17-2, utilice las hojas de trabajo del Apéndice B de la Publicación 590 si, para el año, se dan todas las siguientes situaciones: Recibió beneficios del Seguro Social. How do i file an amended return for 2012 Recibió remuneración tributable. How do i file an amended return for 2012 Se hicieron aportaciones a un arreglo IRA tradicional. How do i file an amended return for 2012 Usted o su cónyuge estuvo cubierto por un plan del empleador para la jubilación. How do i file an amended return for 2012 Utilice esas hojas de trabajo para calcular su deducción IRA, su aportación no deducible y, si corresponde, la parte sujeta a impuestos de los beneficios del Seguro Social que haya recibido. How do i file an amended return for 2012 Reducción paulatina de la deducción. How do i file an amended return for 2012   Si tuvo cobertura bajo un plan de jubilación ofrecida por su empleador y no recibió beneficios del Seguro Social, la deducción IRA se podría reducir o eliminar dependiendo de su estado civil para efectos de la declaración e ingresos brutos ajustados modificados, tal como se explica en la Tabla 17-1. How do i file an amended return for 2012 Tabla 17-1. How do i file an amended return for 2012 Efecto de los Ingresos Brutos Ajustados Modificados1 sobre la Deducción si Tiene Cobertura bajo un Plan para la Jubilación en el Trabajo Si está cubierto por un plan de jubilación en el trabajo, utilice esta tabla para determinar si sus ingresos brutos ajustados modificados repercuten en la cantidad de su deducción. How do i file an amended return for 2012 SI su estado civil para efectos de la declaración es. How do i file an amended return for 2012 . How do i file an amended return for 2012 . How do i file an amended return for 2012   Y tiene ingresos brutos ajustados modificados de. How do i file an amended return for 2012 . How do i file an amended return for 2012 . How do i file an amended return for 2012   ENTONCES puede declarar. How do i file an amended return for 2012 . How do i file an amended return for 2012 . How do i file an amended return for 2012 soltero   o   cabeza de familia   $59,000 o menos   una deducción completa. How do i file an amended return for 2012   más de $59,000 pero menos de $69,000   una deducción parcial. How do i file an amended return for 2012   $69,000 o más   ninguna deducción. How do i file an amended return for 2012 casado que presenta la declaración conjunta    o  viudo que reúne los requisitos   $95,000 o menos   una deducción completa. How do i file an amended return for 2012   más de $95,000 pero menos de $115,000   una deducción parcial. How do i file an amended return for 2012   $115,000 o más   ninguna deducción. How do i file an amended return for 2012 casado que presenta la declaración por separado2   menos de $10,000   una deducción parcial. How do i file an amended return for 2012   $10,000 o más   ninguna deducción. How do i file an amended return for 2012 1Ingresos brutos ajustados modificados. How do i file an amended return for 2012 Vea Ingresos brutos ajustados modificados (MAGI, por sus siglas en inglés) . How do i file an amended return for 2012 2Si no vivió con su cónyuge en ningún momento durante el año, su estado civil para efectos de la declaración se considera soltero para estos fines (por lo tanto, su deducción IRA se determina utilizando la columna “Soltero”). How do i file an amended return for 2012 Si su cónyuge tiene cobertura. How do i file an amended return for 2012   Si usted no tuvo cobertura bajo un plan de jubilación ofrecida por su empleador pero su cónyuge sí la tuvo, y no recibió beneficios del Seguro Social, la deducción IRA se podría reducir o eliminar dependiendo de su estado civil para efectos de la declaración e ingresos brutos ajustados modificados, tal como se explica en la Tabla 17-2. How do i file an amended return for 2012 Tabla 17-2. How do i file an amended return for 2012 Efecto de los Ingresos Brutos Ajustados Modificados1 sobre la Deducción si NO Tiene Cobertura bajo un Plan para la Jubilación en el Trabajo Si no tiene cobertura de un plan de jubilación en el trabajo, utilice esta tabla para determinar si sus ingresos brutos ajustados modificados repercuten en la cantidad de su deducción. How do i file an amended return for 2012 SI su estado civil para efectos de la declaración es. How do i file an amended return for 2012 . How do i file an amended return for 2012 . How do i file an amended return for 2012   Y tiene ingresos brutos ajustados modificados de. How do i file an amended return for 2012 . How do i file an amended return for 2012 . How do i file an amended return for 2012   ENTONCES puede declarar. How do i file an amended return for 2012 . How do i file an amended return for 2012 . How do i file an amended return for 2012 soltero,cabeza de familia o viudo que reúne los requisitos   cualquier cantidad   una deducción completa. How do i file an amended return for 2012 casado que presenta la declaración conjunta o por separado con un cónyuge que no tenga cobertura bajo un plan en el trabajo   cualquier cantidad   una deducción completa. How do i file an amended return for 2012 casado que presenta la declaración conjunta con un cónyuge que tenga cobertura bajo un plan en el trabajo   $178,000 o menos   una deducción completa. How do i file an amended return for 2012   más de $178,000 pero menos de $188,000   una deducción parcial. How do i file an amended return for 2012   $188,000 o más   ninguna deducción. How do i file an amended return for 2012 casado que presenta la declaración por separado con un cónyuge que tenga cobertura bajo un plan en el trabajo2   menos de $10,000   una deducción parcial. How do i file an amended return for 2012   $10,000 o más   ninguna deducción. How do i file an amended return for 2012 1Ingresos brutos ajustados modificados. How do i file an amended return for 2012 Vea Ingresos brutos ajustados modificados (MAGI, por sus siglas en inglés) . How do i file an amended return for 2012 2Tiene derecho a la deducción completa si no vivió con su cónyuge en ningún momento durante el año. How do i file an amended return for 2012 Estado civil para efectos de la declaración. How do i file an amended return for 2012   Su estado civil es lo que determina principalmente cuál será su estado civil para efectos de la declaración. How do i file an amended return for 2012 Para este fin, necesita saber si su estado civil para efectos de la declaración es soltero o cabeza de familia, casado que presenta la declaración conjunta o viudo que reúne los requisitos o casado que presenta la declaración por separado. How do i file an amended return for 2012 Si necesita más información sobre el estado civil para efectos de la declaración, vea el capítulo 2. How do i file an amended return for 2012 Si vivió aparte de su cónyuge. How do i file an amended return for 2012   Si no vivió con su cónyuge en ningún momento durante el año y presenta una declaración por separado, su estado civil para efectos de la declaración, para este propósito, es soltero. How do i file an amended return for 2012 Ingresos brutos ajustados modificados (MAGI, por sus siglas en inglés). How do i file an amended return for 2012   El método que usted utilice para calcular los ingresos brutos ajustados modificados depende de si presenta el Formulario 1040 o el Formulario 1040A. How do i file an amended return for 2012 Si hizo aportaciones a su arreglo IRA para 2013 y recibió una distribución de la misma en 2013, vea la Publicación 590, en inglés. How do i file an amended return for 2012 Usted quizás podría usar la Hoja de Trabajo 17-1 para calcular su ingreso bruto ajustado modificado (MAGI, por sus siglas en inglés). How do i file an amended return for 2012    No suponga que sus ingresos brutos ajustados modificados son iguales a su remuneración. How do i file an amended return for 2012 Los ingresos brutos ajustados modificados pueden incluir ingresos además de la remuneración (explicado anteriormente), como intereses, dividendos e ingresos de distribuciones de arreglos IRA. How do i file an amended return for 2012 Formulario 1040. How do i file an amended return for 2012   Si presenta el Formulario 1040, vuelva a calcular la cantidad en la línea para “ingresos brutos ajustados” de la página 1 sin tener en cuenta ninguna de las ocho siguientes cantidades: Deducción de un arreglo de ahorros para la jubilación (IRA, por sus siglas en inglés). How do i file an amended return for 2012 Deducción de intereses sobre un préstamo de estudios. How do i file an amended return for 2012 Deducción del costo de matrícula y cuotas escolares. How do i file an amended return for 2012 Deducción por actividades de producción nacional. How do i file an amended return for 2012 Exclusión de ingresos ganados de fuentes en el extranjero. How do i file an amended return for 2012 Exclusión o deducción de asignaciones por concepto de vivienda en el extranjero. How do i file an amended return for 2012 Exclusión de intereses de bonos de ahorros calificados anotada en el Formulario 8815, Exclusion of Interest From Series EE and I U. How do i file an amended return for 2012 S. How do i file an amended return for 2012 Savings Bonds Issued After 1989 (Exclusión de intereses recibidos de bonos de ahorros de EE. How do i file an amended return for 2012 UU. How do i file an amended return for 2012 de la Serie EE e I emitidos después de 1989), en inglés. How do i file an amended return for 2012 Exclusión de beneficios por adopción proporcionados por el empleador anotada en el Formulario 8839, Qualified Adoption Expenses (Gastos de adopción calificados), en inglés. How do i file an amended return for 2012 Éstos son sus ingresos brutos ajustados modificados. How do i file an amended return for 2012 Formulario 1040A. How do i file an amended return for 2012   Si presenta el Formulario 1040A, vuelva a calcular la cantidad en la línea para “ingresos brutos ajustados” de la página 1 sin tener en cuenta ninguna de las siguientes cantidades: Deducción de un arreglo de ahorros para la jubilación (IRA, por sus siglas en inglés). How do i file an amended return for 2012 Deducción de intereses sobre un préstamo de estudios. How do i file an amended return for 2012 Deducción del costo de matrícula y cuotas escolares. How do i file an amended return for 2012 Exclusión de intereses de bonos de ahorros calificados anotada en el Formulario 8815, en inglés. How do i file an amended return for 2012 Éstos son sus ingresos brutos ajustados modificados. How do i file an amended return for 2012 Aportaciones para 2013 y distribuciones en 2013. How do i file an amended return for 2012   Una parte de toda distribución de un arreglo IRA que haya recibido en 2013 podría estar exenta de impuestos y otra parte sujeta a impuestos si se dan las tres situaciones siguientes: Recibió distribuciones en 2013 de uno o más arreglos IRA tradicionales. How do i file an amended return for 2012 Hizo aportaciones a un arreglo IRA tradicional para 2013. How do i file an amended return for 2012 Algunas de estas aportaciones podrían ser aportaciones no deducibles. How do i file an amended return for 2012 Si esta situación le corresponde, tiene que calcular la parte tributable de la distribución del arreglo IRA tradicional antes de calcular los ingresos brutos ajustados modificados. How do i file an amended return for 2012 Para esto, puede utilizar la Hoja de Trabajo 1-5, Figuring the Taxable Part of Your IRA Distribution (Cómo calcular la parte tributable de la distribución de un arreglo IRA), en la Publicación 590, en inglés. How do i file an amended return for 2012   Si no le corresponde por lo menos una de las situaciones anteriores, calcule los ingresos brutos ajustados modificados utilizando la Hoja de Trabajo 17-1, más adelante. How do i file an amended return for 2012 Cómo calcular la deducción IRA reducida. How do i file an amended return for 2012   Puede calcular la deducción IRA reducida para el Formulario 1040 o el Formulario 1040A utilizando las hojas de trabajo del capítulo 1 de la Publicación 590, en inglés. How do i file an amended return for 2012 Además, las instrucciones para el Formulario 1040 y el Formulario 1040A incluyen hojas de trabajo similares que podría utilizar en su lugar. How do i file an amended return for 2012 Cómo Declarar Aportaciones Deducibles Si presenta el Formulario 1040, anote la deducción por el IRA en la línea 32 de dicho formulario. How do i file an amended return for 2012 Si presenta el Formulario 1040A, anote la deducción IRA en la línea 17. How do i file an amended return for 2012 No puede deducir aportaciones hechas a un arreglo IRA utilizando el Formulario 1040EZ. How do i file an amended return for 2012 Hoja de Trabajo 17-1. How do i file an amended return for 2012 Cómo Calcular los Ingresos Brutos Ajustados Modificados Utilice esta hoja de trabajo para calcular los ingresos brutos ajustados modificados si tiene un arreglo IRA tradicional. How do i file an amended return for 2012 1. How do i file an amended return for 2012 Anote los ingresos brutos ajustados (AGI, por sus siglas en inglés) de la línea 38 del Formulario 1040 o de la línea 22 del Formulario 1040A, sin tomar en cuenta la cantidad de la línea 32 del Formulario 1040 o la línea 17 del Formulario 1040A 1. How do i file an amended return for 2012   2. How do i file an amended return for 2012 Anote toda deducción por intereses sobre un préstamo de estudios de la línea 33 del Formulario 1040 o de la línea 18 del Formulario 1040A 2. How do i file an amended return for 2012   3. How do i file an amended return for 2012 Anote toda deducción del costo de matrícula y cuotas escolares de la línea 34 del Formulario 1040 o de la línea 19 del Formulario 1040A 3. How do i file an amended return for 2012   4. How do i file an amended return for 2012 Anote toda deducción por actividades de producción nacionales de la línea 35 del Formulario 1040 4. How do i file an amended return for 2012   5. How do i file an amended return for 2012 Anote toda exclusión de ingresos devengados en el extranjero o por concepto de la exclusión por vivienda en el extranjero de la línea 45 del Formulario 2555 o de la línea 18 del Formulario 2555-EZ 5. How do i file an amended return for 2012   6. How do i file an amended return for 2012 Anote toda deducción por concepto de vivienda en el extranjero de la línea 50 del Formulario 2555 6. How do i file an amended return for 2012   7. How do i file an amended return for 2012 Anote todos los intereses de bonos de ahorros estadounidenses que se puedan excluir provenientes de la línea 14 del Formulario 8815 7. How do i file an amended return for 2012   8. How do i file an amended return for 2012 Anote toda prestación por adopción proporcionada por el empleador que haya sido excluida proveniente de la línea 28 del Formulario 8839 8. How do i file an amended return for 2012   9. How do i file an amended return for 2012 Sume las líneas 1 a 8. How do i file an amended return for 2012 Éstos son sus Ingresos brutos ajustados modificados para propósitos de un arreglo IRA tradicional 9. How do i file an amended return for 2012   Aportaciones no Deducibles Aunque la deducción por aportaciones a un arreglo IRA se podría reducir o eliminar, se pueden hacer aportaciones a un arreglo IRA hasta el límite general o, si le corresponde, hasta el límite de aportaciones a arreglos Kay Bailey Hutchison IRA para cónyuges. How do i file an amended return for 2012 La diferencia entre el total de las aportaciones permitidas y la deducción IRA, si la hay, es la aportación no deducible. How do i file an amended return for 2012 Ejemplo. How do i file an amended return for 2012 Miguel tiene 28 años de edad y es soltero. How do i file an amended return for 2012 En 2013, estuvo cubierto por un plan de jubilación en el trabajo. How do i file an amended return for 2012 Recibió un sueldo de $57,312. How do i file an amended return for 2012 Tuvo ingresos brutos ajustados modificados de $70,000. How do i file an amended return for 2012 Para 2013, Miguel aportó $5,500 a su arreglo IRA. How do i file an amended return for 2012 Como estuvo cubierto por un plan de jubilación y tuvo ingresos brutos ajustados modificados superiores a $69,000, no puede deducir la aportación de $5,500 a su arreglo IRA. How do i file an amended return for 2012 Tiene que designar esta aportación como aportación no deducible al declararla en el Formulario 8606, como se explica a continuación. How do i file an amended return for 2012 Formulario 8606. How do i file an amended return for 2012   Para declarar aportaciones como no deducibles, tiene que presentar el Formulario 8606, en inglés. How do i file an amended return for 2012   No tiene que declarar una aportación como no deducible antes de presentar la declaración de impuestos. How do i file an amended return for 2012 Cuando presente la declaración, puede incluso declarar como no deducibles aportaciones que en otros casos se puedan deducir. How do i file an amended return for 2012   Tiene que presentar el Formulario 8606 para declarar aportaciones no deducibles aun si no tiene que presentar una declaración de impuestos para el año. How do i file an amended return for 2012 No se presenta un Formulario 8606 correspondiente al año en el que reinvierta en un arreglo IRA tradicional activos provenientes de un plan de jubilación calificado y dicha reinversión incluya cantidades no sujetas a impuestos. How do i file an amended return for 2012 En tal caso, se completa un Formulario 8606 correspondiente al año en el que reciba una distribución de aquel arreglo IRA. How do i file an amended return for 2012 Vea Formulario 8606, bajo Distribuciones Tributables en Parte o en su Totalidad, más adelante. How do i file an amended return for 2012 Incumplimiento en la declaración de aportaciones no deducibles. How do i file an amended return for 2012   Si no declara aportaciones no deducibles, todas las aportaciones hechas a su arreglo IRA tradicional se considerarán deducibles cuando se retiren. How do i file an amended return for 2012 Toda distribución de su arreglo IRA está sujeta a impuestos a no ser que pueda demostrar, con pruebas suficientes, que se realizaron aportaciones no deducibles. How do i file an amended return for 2012 Multa por declarar aportaciones en exceso. How do i file an amended return for 2012   Si declara un exceso de aportaciones no deducibles en el Formulario 8606 para cualquier año tributario, tiene que pagar una multa de $100 por cada caso de declaración en exceso, a menos que exista una causa razonable. How do i file an amended return for 2012 Multa por no presentar el Formulario 8606. How do i file an amended return for 2012   Tendrá que pagar una multa de $50 si no presenta el Formulario 8606 obligatorio, a menos que pueda demostrar que existe una causa razonable. How do i file an amended return for 2012 Impuestos sobre ganancias derivadas de aportaciones no deducibles. How do i file an amended return for 2012   No se les gravarán impuestos a las ganancias procedentes de aportaciones (deducibles o no deducibles) hasta que se distribuyan, siempre y cuando dichas aportaciones estén dentro de los límites correspondientes. How do i file an amended return for 2012 Vea ¿Cuándo Puede Retirar o Utilizar Activos de un Arreglo IRA? , más adelante. How do i file an amended return for 2012 Base de costos. How do i file an amended return for 2012   Tendrá una base de costos en su arreglo IRA tradicional si hizo alguna aportación no deducible. How do i file an amended return for 2012 La base de costos es la suma de las aportaciones no deducibles hechas a un arreglo IRA menos todo retiro o distribución de aportaciones no deducibles. How do i file an amended return for 2012 Arreglos IRA Heredados Si hereda un arreglo IRA tradicional, se le considera beneficiario. How do i file an amended return for 2012 Un beneficiario puede ser toda persona o entidad elegida por el dueño del arreglo IRA para recibir los beneficios del mismo después de su fallecimiento. How do i file an amended return for 2012 Los beneficiarios de un arreglo IRA tradicional tienen que incluir en los ingresos brutos toda distribución sujeta a impuestos que reciban. How do i file an amended return for 2012 Arreglo heredado del cónyuge. How do i file an amended return for 2012   Si hereda un arreglo IRA tradicional de su cónyuge, normalmente cuenta con las tres opciones siguientes: Tratarlo como si fuera el arreglo IRA de usted al designarse como el dueño del arreglo. How do i file an amended return for 2012 Tratarlo como si fuera suyo al reinvertirlo en el arreglo IRA tradicional de usted o, en la medida en la que esté sujeto a impuestos, en: Un plan del empleador calificado, Un plan de anualidad del empleado calificado (plan conforme a la sección 403(a)), Un plan de anualidad que goza de refugio tributario (plan conforme a la sección 403(b)), Un plan de remuneración diferida del gobierno estatal o local (plan conforme a la sección 457). How do i file an amended return for 2012 Considerarse el beneficiario en vez de tratar el arreglo IRA como si fuera suyo. How do i file an amended return for 2012 Si trata el arreglo como si fuera suyo. How do i file an amended return for 2012   Se considerará que usted ha optado por tratar el arreglo IRA como si fuera suyo si: Se realizan aportaciones (inclusive aportaciones de reinversión) al arreglo IRA heredado o No recibe la distribución mínima obligatoria para un año como beneficiario del arreglo IRA. How do i file an amended return for 2012 Siempre se considerará que usted ha optado por tratar el arreglo IRA como si fuera suyo si: Es el único beneficiario del arreglo IRA y Tiene el derecho ilimitado de retirar fondos del mismo. How do i file an amended return for 2012 No obstante, si recibe una distribución del arreglo IRA de su cónyuge fallecido, puede reinvertir dicha distribución en el arreglo IRA de usted dentro del límite de 60 días, siempre que la distribución no sea distribución obligatoria, aunque usted no sea el único beneficiario del arreglo IRA de su cónyuge fallecido. How do i file an amended return for 2012 Arreglo heredado de una persona que no sea el cónyuge. How do i file an amended return for 2012   Si hereda un arreglo IRA tradicional de cualquier persona que no sea su cónyuge fallecido, no puede tratar el arreglo IRA heredado como si fuera suyo. How do i file an amended return for 2012 Esto significa que no puede hacer aportaciones al arreglo IRA. How do i file an amended return for 2012 Además, significa que no puede reinvertir fondos de otro arreglo en el arreglo IRA heredado ni sacar fondos del mismo para reinvertirlos en otro arreglo IRA. How do i file an amended return for 2012 No obstante, puede efectuar un traspaso de fideicomisario a fideicomisario siempre y cuando el arreglo IRA al cual se traspasan los fondos haya sido establecido y mantenido en nombre del dueño fallecido del arreglo IRA teniéndolo a usted como beneficiario. How do i file an amended return for 2012 Para más información, vea el tema sobre Arreglos IRA heredados , bajo Reinversión de un Arreglo IRA en Otro, más adelante. How do i file an amended return for 2012 ¿Puede Traspasar Activos de un Plan de Jubilación? Puede traspasar activos (cantidades monetarias o propiedad) de otros planes de jubilación (inclusive los arreglos IRA tradicionales) a un arreglo IRA tradicional, sin que dichos activos estén sujetos a impuestos. How do i file an amended return for 2012 Se permiten traspasos como se indica a continuación: Traspasos de un fideicomisario a otro. How do i file an amended return for 2012 Reinversiones. How do i file an amended return for 2012 Traspasos a raíz de un divorcio. How do i file an amended return for 2012 Traspasos a un arreglo Roth IRA. How do i file an amended return for 2012   En ciertas circunstancias, puede traspasar activos de un arreglo IRA tradicional o arreglo designado Roth IRA a un arreglo Roth IRA. How do i file an amended return for 2012 También puede trasladar activos de un plan de jubilación calificados a un arreglo Roth IRA. How do i file an amended return for 2012 Vea ¿Se Pueden Trasladar Activos a un Arreglo Roth IRA? bajo Arreglos Roth IRA , más adelante. How do i file an amended return for 2012 Traspaso de Fideicomisario a Fideicomisario Un traspaso de fondos en un arreglo IRA tradicional directamente de un fideicomisario a otro, ya sea a petición suya o de dicho fideicomisario, no se considera una reinversión. How do i file an amended return for 2012 Como usted no recibe distribución alguna, el traspaso está exento de impuestos. How do i file an amended return for 2012 Ya que no es una reinversión, no se ve afectada por el período de espera de 1 año obligatorio entre las reinversiones, el cual se explica más adelante bajo Reinversión de un Arreglo IRA en Otro . How do i file an amended return for 2012 Para información acerca de los traspasos directos a arreglos IRA desde planes de jubilación que no sean arreglos IRA, vea el tema titulado Can You Move Retirement Plan Assets? (¿Puede traspasar activos de un plan de jubilación?), en el capítulo 1, y el tema Can You Move Amounts Into a Roth IRA? (¿Puede traspasar activos a un arreglo Roth IRA?), en el capítulo 2 de la Publicación 590, en inglés. How do i file an amended return for 2012 Reinversiones Normalmente, una reinversión es una distribución exenta de impuestos que consta de fondos en efectivo u otros activos provenientes de un plan de jubilación que usted reinvierte en otro plan de jubilación. How do i file an amended return for 2012 La aportación al segundo plan de jubilación se llama “aportación de reinversión”. How do i file an amended return for 2012 Nota: Una cantidad de fondos reinvertida exenta de impuestos de un plan de jubilación en otro suele incluirse en los ingresos cuando se distribuye del segundo plan. How do i file an amended return for 2012 Tipos de reinversiones a un arreglo IRA tradicional. How do i file an amended return for 2012   Puede reinvertir fondos de los siguientes planes en un arreglo IRA tradicional: Un arreglo IRA tradicional, Un plan de jubilación calificado ofrecido a los empleados por su empleador, Un plan de remuneración diferida del gobierno estatal o local (plan conforme a la sección 457) o Un plan de anualidad que goza de refugio tributario (plan conforme a la sección 403(b)). How do i file an amended return for 2012 Cómo declarar reinversiones. How do i file an amended return for 2012   No puede deducir una aportación de reinversión, pero tiene que declararla en la declaración de impuestos según se explica más adelante bajo Cómo declarar las reinversiones de arreglos IRA y bajo Cómo declarar las reinversiones de planes del empleador . How do i file an amended return for 2012 Tipos de reinversiones de un arreglo IRA tradicional. How do i file an amended return for 2012   Tal vez pueda reinvertir en un plan calificado, exento de impuestos, una distribución de su arreglo IRA tradicional. How do i file an amended return for 2012 Estos planes abarcan el Thrift Savings Fund (Fondo de Economía de Ahorros) (para empleados federales), planes de compensación diferida estatales o locales (planes conforme a la sección 457) y plan de anualidad que goza de refugio tributario (plan conforme a la sección 403(b)). How do i file an amended return for 2012 La parte de la distribución que se puede reinvertir es la parte que de otra manera estaría sujeta a impuestos (se incluiría en sus ingresos). How do i file an amended return for 2012 Los planes calificados pueden aceptar reinversiones de esta índole aunque no están obligados a hacerlo. How do i file an amended return for 2012 Plazo para hacer aportaciones de reinversión. How do i file an amended return for 2012   Normalmente debe hacer la reinversión a más tardar el sexagésimo (60) día que sigue al día en el que reciba la distribución de su arreglo IRA tradicional o del plan de su empleador. How do i file an amended return for 2012 El IRS puede eximirlo del requisito de 60 días si la aplicación de dicho requisito estuviese en contra de la equidad o de la buena conciencia, como en el caso de un hecho fortuito, desastre u otro evento razonablemente fuera de su control. How do i file an amended return for 2012 Para más información, vea el tema titulado Can You Move Retirement Plan Assets? (¿Puede traspasar activos de un plan de jubilación?), en el capítulo 1 de la Publicación 590, en inglés. How do i file an amended return for 2012 Prórroga del plazo para hacer reinversiones. How do i file an amended return for 2012   Si una cantidad de fondos que se le haya distribuido de un arreglo IRA tradicional o un plan del empleador para la jubilación que reúna los requisitos resulta ser depósito bloqueado en algún momento del plazo de 60 días permitido para reinversiones, existen reglas especiales que prorrogan el plazo para hacer reinversiones. How do i file an amended return for 2012 Para más información, vea el tema titulado Can You Move Retirement Plan Assets? (¿Puede traspasar activos de un plan de jubilación?), en el capítulo 1 de la Publicación 590, en inglés. How do i file an amended return for 2012 Información adicional. How do i file an amended return for 2012   Para información adicional sobre las reinversiones, vea el tema titulado Can You Move Retirement Plan Assets? (¿Puede traspasar activos de un plan de jubilación?), en el capítulo 1 de la Publicación 590, en inglés. How do i file an amended return for 2012 Reinversión de un Arreglo IRA en Otro Puede retirar, exenta de impuestos, la totalidad o parte de los activos de un arreglo IRA tradicional si los reinvierte en el mismo u otro arreglo IRA tradicional dentro de 60 días. How do i file an amended return for 2012 Como se trata de una reinversión, no puede deducir la cantidad de activos que reinvierta en un arreglo IRA. How do i file an amended return for 2012 Período de espera entre reinversiones. How do i file an amended return for 2012   Normalmente, si reinvierte libre de impuestos parte alguna de una distribución de un arreglo IRA tradicional, no puede reinvertir libre de impuestos ninguna distribución posterior de dicho arreglo IRA dentro del plazo de 1 año. How do i file an amended return for 2012 Tampoco puede reinvertir libre de impuestos cantidad alguna que se haya distribuido, dentro del mismo período de 1 año, del arreglo IRA en el que reinvirtió la cantidad libre de impuestos. How do i file an amended return for 2012   El plazo de 1 año comienza en la fecha en la que reciba la distribución del arreglo IRA. How do i file an amended return for 2012 No comienza en la fecha en la que reinvierta dicha distribución en un arreglo IRA. How do i file an amended return for 2012 Ejemplo. How do i file an amended return for 2012 Tiene dos arreglos IRA tradicionales, IRA-1 e IRA-2. How do i file an amended return for 2012 Reinvierte libre de impuestos una distribución del arreglo IRA-1 en un nuevo arreglo IRA tradicional, el arreglo IRA-3. How do i file an amended return for 2012 No puede reinvertir libre de impuestos distribución alguna de los arreglos IRA-1 o IRA-3 en otro arreglo IRA tradicional dentro del plazo de 1 año de haber realizado la distribución del arreglo IRA-1. How do i file an amended return for 2012 No obstante, la reinversión del arreglo IRA-1 en el arreglo IRA-3 no impide que haga una reinversión exenta de impuestos del arreglo IRA-2 en cualquier otro arreglo IRA tradicional. How do i file an amended return for 2012 Esto se debe a que no ha reinvertido libre de impuestos, dentro del año pasado, distribución alguna del arreglo IRA-2 ni ha hecho una reinversión exenta de impuestos en dicho arreglo. How do i file an amended return for 2012 Excepción. How do i file an amended return for 2012   Hay una excepción a la regla para distribuciones de una institución financiera fracasada, vea el tema titulado Rollover From One IRA Into Another (Reinversión de un arreglo IRA en otro), bajo Can You Move Retirement Plan Assets? (¿Puede traspasar activos de un plan de jubilación?), en el capítulo 1 de la Publicación 590, en inglés. How do i file an amended return for 2012 Reinversiones parciales. How do i file an amended return for 2012   Si retira activos de un arreglo IRA tradicional, puede reinvertir libre de impuestos una parte de los activos retirados para quedarse con el resto. How do i file an amended return for 2012 La cantidad con la que se queda suele estar sujeta a impuestos (salvo la parte de esta cantidad que represente una devolución de aportaciones no deducibles). How do i file an amended return for 2012 La cantidad con la que se queda podría estar sujeta al impuesto adicional del 10% sobre distribuciones prematuras, explicadas más adelante bajo ¿Qué Acciones Dan Lugar a Multas o Impuestos Adicionales? . How do i file an amended return for 2012 Distribuciones obligatorias. How do i file an amended return for 2012   Las cantidades que se tengan que distribuir en un año particular conforme a las reglas de distribuciones obligatorias (explicadas más adelante) no cumplen los requisitos para ser consideradas reinversiones. How do i file an amended return for 2012 Arreglos IRA heredados. How do i file an amended return for 2012   Si hereda un arreglo IRA tradicional de su cónyuge, normalmente lo puede reinvertir o puede optar por hacerse dueño del mismo. How do i file an amended return for 2012 Vea Si trata el arreglo como si fuera suyo , anteriormente. How do i file an amended return for 2012 Arreglo no heredado del cónyuge. How do i file an amended return for 2012   Si hereda un arreglo IRA tradicional de una persona que no sea su cónyuge, no lo puede reinvertir ni dejar que éste reciba una reinversión. How do i file an amended return for 2012 Tiene que retirar los activos del arreglo IRA dentro de un plazo determinado. How do i file an amended return for 2012 Para más información, vea el tema titulado When Must You Withdraw Assets? (¿Cuándo tiene que retirar activos?), en el capítulo 1 de la Publicación 590, en inglés. How do i file an amended return for 2012 Cómo declarar las reinversiones de arreglos IRA. How do i file an amended return for 2012   Declare toda reinversión de un arreglo IRA tradicional en el mismo arreglo IRA u otro arreglo IRA tradicional en las líneas 15a y 15b del Formulario 1040 o en las líneas 11a y 11b del Formulario 1040A como se indica. How do i file an amended return for 2012   Anote la cantidad total de la distribución en la línea 15a del Formulario 1040 o en la línea 11a del Formulario 1040A. How do i file an amended return for 2012 Si la cantidad total de la línea 15a del Formulario 1040 o de la línea 11a del Formulario 1040A se reinvirtió, anote cero en la línea 15b del Formulario 1040 o en la línea 11b del Formulario 1040A. How do i file an amended return for 2012 Si el total de la distribución no se reinvirtió, anote en la línea 15b del Formulario 1040 o en la línea 11b del Formulario 1040A la parte no reinvertida sujeta a impuestos. How do i file an amended return for 2012 Escriba “Rollover” (Reinversión) directamente al lado de la línea 15b del Formulario 1040 o de la línea 11b del Formulario 1040A. How do i file an amended return for 2012 Vea las instrucciones correspondientes a su declaración de impuestos. How do i file an amended return for 2012   Si reinvirtió la distribución en un plan calificado (a excepción de un arreglo IRA) o efectúa la reinversión en 2014, incluya una declaración escrita que explique la transacción. How do i file an amended return for 2012 Reinversión del Plan del Empleador en un Arreglo IRA Puede reinvertir en un arreglo IRA tradicional la totalidad o parte de una distribución con derecho a reinversión que haya recibido de los siguientes planes, con tal de que dichos planes le pertenezcan a usted (o su cónyuge fallecido): Pensión del empleador que reúna los requisitos, plan de participación de beneficios o plan de participación de acciones, Plan de anualidad, Un plan de anualidad que goza de refugio tributario (plan conforme a la sección 403(b)) o Plan de remuneración diferida del gobierno (plan conforme a la sección 457). How do i file an amended return for 2012 Un plan calificado es aquél que cumple las condiciones del Código Federal de Impuestos Internos. How do i file an amended return for 2012 Distribución con derecho a reinversión. How do i file an amended return for 2012   Generalmente, una distribución con derecho a reinversión es toda distribución del total, o de parte alguna, del saldo a su favor en un plan de jubilación calificado, salvo lo siguiente: Una distribución mínima obligatoria (se explica más adelante bajo ¿Cuándo Tiene que Retirar Activos de un Arreglo IRA? (Distribuciones Mínimas Obligatorias) ). How do i file an amended return for 2012 Distribuciones por situaciones onerosas. How do i file an amended return for 2012 Toda serie de distribuciones periódicas sustancialmente iguales pagadas por lo menos una vez al año a lo largo de: Su vida o expectativa de vida, La vida o expectativa de vida de usted y su beneficiario o Un período de 10 años o más. How do i file an amended return for 2012 Distribuciones correctivas de aportaciones en exceso o aplazamientos en exceso y todo ingreso asignable al exceso. How do i file an amended return for 2012 También se incluyen distribuciones correctivas de adiciones anuales en exceso y toda ganancia asignable a éste. How do i file an amended return for 2012 Un préstamo tratado como distribución debido a que no satisface ciertas condiciones ya sea en la fecha en la que se otorgue o posteriormente (como en el caso de incumplimiento de pago), a no ser que los beneficios acumulados del participante se reduzcan (se compensen) para reembolsar el préstamo. How do i file an amended return for 2012 Dividendos de valores bursátiles del empleador. How do i file an amended return for 2012 El costo de cobertura de seguro de vida. How do i file an amended return for 2012 Toda cantidad no sujeta a impuestos reinvertida en su arreglo IRA tradicional forma parte de la base (costo) de sus arreglos IRA. How do i file an amended return for 2012 Para recuperar la base después de sacar distribuciones de su arreglo IRA, debe llenar el Formulario 8606 para el año de la distribución. How do i file an amended return for 2012 Vea Formulario 8606 bajo Distribuciones Tributables en Parte o en su Totalidad, más adelante. How do i file an amended return for 2012 Reinversión por parte de un beneficiario que no sea el cónyuge. How do i file an amended return for 2012   Si un empleado fallecido había establecido una pensión que reúna los requisitos, plan de participación de ganancias o plan de bonificación de acciones, plan de anualidad, plan de anualidad que goce de refugio tributario (conforme a la sección 403(b)) o plan de compensación diferida del gobierno (conforme a la sección 457), y se realiza un traspaso directo de cualquiera de éstos a un arreglo de ahorros para la jubilación (IRA) en donde se ha establecido que se puede recibir la distribución a favor de usted, dichos fondos traspasados se pueden considerar distribución con derecho a reinversión si usted es el beneficiario designado del plan y no es el cónyuge del empleado. How do i file an amended return for 2012 El arreglo IRA se considera un arreglo de jubilación legada por el fallecido. How do i file an amended return for 2012 Para más información acerca de los arreglos IRA heredados, vea Arreglos IRA Heredados , anteriormente. How do i file an amended return for 2012 Cómo declarar las reinversiones de planes del empleador. How do i file an amended return for 2012    Anote el total de la distribución (antes de la retención del impuesto sobre el ingreso u otras deducciones) en la línea 16a del Formulario 1040 o en la línea 12a del Formulario 1040A. How do i file an amended return for 2012 Esta cantidad debe aparecer en el recuadro 1 del Formulario 1099-R. How do i file an amended return for 2012 De dicha cantidad, reste toda aportación (que suele aparecer en el recuadro 5 del Formulario 1099-R) que estuviese sujeta a impuestos en la fecha de su realización. How do i file an amended return for 2012 De este resultado, reste la cantidad que se haya reinvertido ya sea de manera directa o dentro de 60 días de haberse recibido la distribución. How do i file an amended return for 2012 Anote la cantidad restante, aunque sea cero, en la línea 16b del Formulario 1040 o en la línea 12b del Formulario 1040A. How do i file an amended return for 2012 Además, escriba “Rollover” (Reinversión) directamente al lado de la línea 16b del Formulario 1040 o de la línea 12b del Formulario 1040A. How do i file an amended return for 2012 Traspasos a Raíz de un Divorcio Si se le traspasan los intereses en un arreglo IRA tradicional de su cónyuge o ex cónyuge por decreto de divorcio o de manutención por separación o un documento escrito relacionado a tal decreto, los intereses en el arreglo IRA, a partir de la fecha del traspaso, se consideran su propio arreglo IRA. How do i file an amended return for 2012 El traspaso está libre de impuestos. How do i file an amended return for 2012 Para más información, vea el tema titulado Can You Move Retirement Plan Assets? (¿Puede traspasar activos de un plan de jubilación?), en el capítulo 1 de la Publicación 590, en inglés. How do i file an amended return for 2012 Cómo Convertir Cantidades de un Arreglo IRA Tradicional en un Arreglo Roth IRA Conversiones permitidas. How do i file an amended return for 2012   Puede retirar todos los activos de un arreglo IRA tradicional, o una parte de los mismos, y reinvertirlos (dentro de un plazo de 60 días) en un arreglo Roth IRA. How do i file an amended return for 2012 El monto retirado y aportado (convertido) al arreglo Roth IRA dentro del plazo acordado se denomina una aportación de conversión. How do i file an amended return for 2012 Si se reinvierte correctamente (y dentro del plazo acordado), no corresponderá el impuesto adicional del 10% sobre las distribuciones prematuras. How do i file an amended return for 2012 Sin embargo, toda o parte de la aportación que se convierte de su arreglo IRA tradicional se incluye en sus ingresos brutos. How do i file an amended return for 2012 Distribuciones obligatorias. How do i file an amended return for 2012   No puede convertir cantidades que se tengan que distribuir de su arreglo IRA tradicional para algún año en particular (inclusive el año natural en el que cumpla 70 años y medio de edad) bajo las reglas de las distribuciones obligatorias (explicadas más adelante). How do i file an amended return for 2012 Ingresos. How do i file an amended return for 2012   Tiene que incluir en los ingresos brutos toda distribución de un arreglo IRA tradicional que habría tenido que incluir en los ingresos si no la hubiera convertido a un arreglo Roth IRA. How do i file an amended return for 2012 Normalmente, estas cantidades se incluyen en los ingresos en la declaración correspondiente al año