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Print 1040ez forms Publication 179 - Additional Material Table of Contents 15. Print 1040ez forms Reglas especiales para varias clases de servicios y de pagos Cómo obtener ayuda relacionada con las contribuciones 15. Print 1040ez forms Reglas especiales para varias clases de servicios y de pagos Reglas especiales para varias clases de servicios y de pagos La tabla que aparece a continuación trata en forma resumida las clases especiales de trabajo y de pagos sujetos a la contribución. Print 1040ez forms Si usted necesita información más detallada, visite la oficina del Servicio Federal de Rentas Internas en Guaynabo, vea los reglamentos relacionados con las contribuciones sobre la nómina o llame al 1-800-829-4933. Print 1040ez forms Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Trabajo agrícola:     1. Print 1040ez forms Servicios en fincas relacionados con el cultivo del suelo; cultivo o recolección de cualquier producto agrícola u hortícola; crianza, etc. Print 1040ez forms , de ganado, aves, abejas, animales de piel o silvestres. Print 1040ez forms Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Print 1040ez forms Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms 2. Print 1040ez forms Servicios prestados al dueño o explotador de una finca, si la mayor parte se prestan en la finca, para la administración, mantenimiento, etc. Print 1040ez forms , de la finca, de los aperos o del equipo o en el salvamento de madera y limpieza de leña y demás escombros dejados por un huracán. Print 1040ez forms Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Print 1040ez forms Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms 3. Print 1040ez forms Servicios relacionados con el cultivo y la recolección de determinados productos resinosos (aguarrás y demás productos oleorresinosos). Print 1040ez forms Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Print 1040ez forms Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms 4. Print 1040ez forms Servicios relacionados con el desmote de algodón. Print 1040ez forms Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Print 1040ez forms Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms 5. Print 1040ez forms Servicios prestados fuera de la finca relacionados con la incubación de aves de corral. Print 1040ez forms Tributable (como labor no agrícola). Print 1040ez forms * Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms 6. Print 1040ez forms Servicios relacionados con la operación o conservación de canales, embalses o vías fluviales y utilizados exclusivamente en la provisión o almacenaje de agua para fines agrícolas que no se mantienen ni se operan con fines de lucro. Print 1040ez forms Tributable, si responde al requisito de los $150 o $2,500 (vea el apartado 7). Print 1040ez forms Tributable, si responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms 7. Print 1040ez forms Servicios en la elaboración, empaque, entrega, etc. Print 1040ez forms , de cualquier producto agrícola u hortícola en su estado no manufacturado:     a. Print 1040ez forms Empleado por el explotador de la finca. Print 1040ez forms Si el explotador produjo más de la mitad del producto elaborado, será tributable si responde al requisito de los $150 o $2,500 (vea el apartado 7); de lo contrario, será tributable como labor no agrícola. Print 1040ez forms * Tributable si el patrono produjo más de la mitad de los productos elaborados y, además, responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms De lo contrario, será tributable como labor no agrícola. Print 1040ez forms b. Print 1040ez forms Empleado por un grupo no incorporado  de explotadores de fincas (no más de 20). Print 1040ez forms Si el grupo produjo todos los productos elaborados, será tributable si responde al requisito de los $150 o $2,500 (vea el apartado 7); de lo contrario, será tributable como labor no agrícola. Print 1040ez forms * Tributable si el patrono produjo más de la mitad de los productos elaborados y, además, responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms De lo contrario, será tributable como labor no agrícola. Print 1040ez forms c. Print 1040ez forms Empleado por otro grupo de operadores  de una finca (incluyendo organizaciones  cooperativas y tratantes comerciales). Print 1040ez forms Tributable (como labor no agrícola). Print 1040ez forms * Tributable si el patrono produjo más de la mitad de los productos elaborados y, además, responde a cualesquiera de los dos requisitos del apartado 10. Print 1040ez forms De lo contrario, será tributable como labor no agrícola. Print 1040ez forms 8. Print 1040ez forms Servicios en el manejo o la elaboración de artículos después de su entrega al mercado final o en el enlatado o congelación comercial. Print 1040ez forms Tributable (como labor no agrícola). Print 1040ez forms * Tributable (como labor no agrícola). Print 1040ez forms *Los salarios recibidos por servicios que no se consideran trabajo agrícola se declaran en el Formulario 941-PR o Formulario 944(SP). Print 1040ez forms Otras exenciones pueden corresponder. Print 1040ez forms Vea los apartados 5 y 12 . Print 1040ez forms Reglas especiales para varias clases de servicios y de pagos Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Extranjeros:     1. Print 1040ez forms Residentes     a. Print 1040ez forms Servicios prestados en los EE. Print 1040ez forms UU. Print 1040ez forms ** Lo mismo que un ciudadano de los EE. Print 1040ez forms UU. Print 1040ez forms ; exenta, si alguna porción de los servicios prestados como miembro de una tripulación de un avión o barco extranjero se presta fuera de los EE. Print 1040ez forms UU. Print 1040ez forms Lo mismo que un ciudadano de los EE. Print 1040ez forms UU. Print 1040ez forms b. Print 1040ez forms Servicios prestados fuera de los EE. Print 1040ez forms UU. Print 1040ez forms ** Tributable, si (a) trabaja para un patrono estadounidense o (b) existe un acuerdo de un patrono estadounidense con el IRS que abarca tanto a los ciudadanos estadounidenses como a los extranjeros residentes que trabajan para sus empresas extranjeras afiliadas o subsidiarias de un patrono estadounidense. Print 1040ez forms Exenta, a menos que los servicios se presten en un barco o avión estadounidense y de acuerdo con un contrato hecho en los EE. Print 1040ez forms UU. Print 1040ez forms o que el extranjero trabaje en tal barco o avión y el mismo toque en un puerto estadounidense. Print 1040ez forms 2. Print 1040ez forms No residentes Vea la Publicación 15-A, en inglés. Print 1040ez forms Vea la Publicación 15-A, en inglés. Print 1040ez forms a. Print 1040ez forms Trabajadores que han sido admitidos legalmente al país de manera temporera conforme a la sección 101(a)(15)(H)(ii)(a) de la Ley de Inmigración y Nacionalidad para llevar a cabo trabajo agrícola (visa H-2A). Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms   3. Print 1040ez forms Extranjero no residente trabajando en barcos o aviones estadounidenses. Print 1040ez forms Tributable si el contrato fue llevado a cabo en los Estados Unidos o el trabajador está empleado en el barco o avión cuando éste toca un puerto estadounidense. Print 1040ez forms Salarios de un trabajador fallecido     1. Print 1040ez forms Salarios de un trabajador fallecido pagados en el año natural de la muerte de éste a su beneficiario o caudal hereditario (relicto). Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms 2. Print 1040ez forms Salarios de un trabajador fallecido pagados después del final del año de la muerte de éste a su beneficiario o caudal hereditario (relicto). Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms Compensación pagada a empleados por incapacidad:     Compensación pagada por incapacidad a un empleado en el año que sigue al año en que dicho empleado adquirió el derecho a beneficios por incapacidad bajo la Ley del Seguro Social. Print 1040ez forms Exenta, si el empleado no prestó ningún servicio a su patrono durante el período cubierto por el pago. Print 1040ez forms Tributable. Print 1040ez forms Servicio doméstico en clubes universitarios, fraternidades y hermandades femeninas (sororities). Print 1040ez forms Exenta, si la remuneración se le paga a un estudiante regular. Print 1040ez forms Exenta también si el patrono está exento de la contribución federal sobre ingresos y la paga es menos de $100. Print 1040ez forms Tributable, si el total de los salarios pagados a todos los empleados domésticos en efectivo ascienden a $1,000 o más en cualquier trimestre natural del año actual o anterior. Print 1040ez forms Empleados emparentados:     1. Print 1040ez forms Hijo empleado por un padre (o por una sociedad de la cual cada socio es padre del hijo). Print 1040ez forms Exenta hasta los 18 años de edad. Print 1040ez forms Exenta hasta los 21 años de edad. Print 1040ez forms 2. Print 1040ez forms Hijo empleado por un padre para hacer trabajo doméstico o trabajo que no tenga relación con su ocupación o negocio. Print 1040ez forms Exenta hasta los 21 años de edad. Print 1040ez forms Exenta hasta los 21 años de edad. Print 1040ez forms 3. Print 1040ez forms Padre que presta servicios para un hijo. Print 1040ez forms Tributable, si presta servicios en la ocupación o negocio del hijo. Print 1040ez forms Para empleo doméstico en la residencia particular de un hijo, vea la Publicación 926, en inglés. Print 1040ez forms Exenta. Print 1040ez forms 4. Print 1040ez forms Cónyuge que presta servicios para el otro cónyuge. Print 1040ez forms Tributable, si presta servicios en la ocupación o negocio del otro cónyuge. Print 1040ez forms Exenta. Print 1040ez forms Los empleados federales:     1. Print 1040ez forms Miembros de las fuerzas armadas, voluntarios del Cuerpo de Paz, miembros de Jóvenes Adultos para la Conservación, miembros de los Cuerpos de Trabajo y miembros del Programa Nacional de Voluntarios Contra la Pobreza y líderes voluntarios. Print 1040ez forms Tributable. Print 1040ez forms Exenta. Print 1040ez forms 2. Print 1040ez forms Todos los demás. Print 1040ez forms Tributable, si optó por FERS o si volvió a trabajar para el gobierno federal después de haber estado sin trabajar para éste durante más de un año (a no ser que la interrupción haya sido por servicio militar o de la reserva). Print 1040ez forms Para otros empleados, por lo general, está sujeta a la contribución al Medicare. Print 1040ez forms Exenta, a menos que el trabajador sea un marino mercante que presta servicios en, o relacionados con, un barco estadounidense que es propiedad de, o alquilado por, los Estados Unidos y operado por un agente general del Secretario de Comercio. Print 1040ez forms **Los beneficios proporcionados de acuerdo con los planes llamados “planes cafetería” podrían reunir los requisitos para ser excluidos de los salarios para propósitos de la contribución al Seguro Social, al seguro Medicare y al fondo federal para el desempleo. Print 1040ez forms Reglas especiales para varias clases de servicios y de pagos Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Empleo relacionado con la pesca de:     1. Print 1040ez forms Salmón o mero. Print 1040ez forms Tributable a menos que la (3) sea aplicable. Print 1040ez forms Tributable a menos que la (3) sea aplicable. Print 1040ez forms 2. Print 1040ez forms Otra clase de pescado y otra clase de vida acuática animal o vegetal. Print 1040ez forms Tributable a menos que la (3) sea aplicable. Print 1040ez forms Exenta, a menos que sea una embarcación de más de diez toneladas y la (3) no se aplique. Print 1040ez forms 3. Print 1040ez forms Un acuerdo con el dueño u operador de la embarcación mediante el cual la persona recibe una porción de la pesca de la embarcación (o dinero en efectivo de la venta del pescado). Print 1040ez forms Esta porción depende de la pesca de la embarcación. Print 1040ez forms En tales casos la tripulación suele tener menos de 10 personas. Print 1040ez forms Exenta, si cualquier remuneración en efectivo es:  (a) $100 o menos por viaje;  (b) Dependiente de la pesca mínima de la embarcación y  (c) Pagada únicamente por funciones adicionales (tales como maestro, ingeniero o cocinero por los cuales la remuneración suele ser pagada en efectivo). Print 1040ez forms Exenta, si cualquier remuneración en efectivo es: (a) $100 o menos por viaje;  (b) Dependiente de la pesca mínima de la embarcación y  (c) Pagada únicamente por funciones adicionales (tales como maestro, ingeniero o cocinero por los cuales la remuneración suele ser pagada en efectivo). Print 1040ez forms Beneficios marginales. Print 1040ez forms Tributable por la cantidad de beneficio recibida por el empleado. Print 1040ez forms Esta cantidad se obtiene restando del valor en el mercado del beneficio marginal la cantidad pagada por el empleado y toda cantidad exenta por ley. Print 1040ez forms Sin embargo, en ciertos casos corresponden reglas especiales para valorar los beneficios marginales. Print 1040ez forms *** Gobiernos extranjeros y organizaciones internacionales. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms Servicio en el extranjero por ciudadanos de los Estados Unidos:     Como empleado del Gobierno Federal de los EE. Print 1040ez forms UU. Print 1040ez forms Tal como los empleados federales que trabajan en los EE. Print 1040ez forms UU. Print 1040ez forms Exenta. Print 1040ez forms (Vea, además, Los empleados federales, anteriormente). Print 1040ez forms Por empresas extranjeras asociadas o subsidiarias con patronos de los EE. Print 1040ez forms UU. Print 1040ez forms y otros patronos privados. Print 1040ez forms Exenta, a menos que (a) un patrono estadounidense, mediante acuerdo con el IRS, conceda la protección del Seguro Social a ciudadanos estadounidenses empleados por sus empresas extranjeras afiliadas o subsidiarias o (b) sea un ciudadano de los EE. Print 1040ez forms UU. Print 1040ez forms que trabaja para un patrono estadounidense. Print 1040ez forms Exenta, a menos que (a) el servicio se preste en un barco o avión y el trabajo se haga de acuerdo a un contrato en los EE. Print 1040ez forms UU. Print 1040ez forms o lo preste un empleado que trabaja en un barco cuando éste toca en un puerto de los EE. Print 1040ez forms UU. Print 1040ez forms o (b) un ciudadano de los EE. Print 1040ez forms UU. Print 1040ez forms que trabaja para un patrono estadounidense (que no esté en un país contiguo con el cual los EE. Print 1040ez forms UU. Print 1040ez forms tiene un acuerdo sobre cómo se trata la compensación por desempleo) o para un patrono en las Islas Vírgenes. Print 1040ez forms Empleados del gobierno (que no sea el gobierno federal). Print 1040ez forms Consulte al Servicio Federal de Rentas Internas en Puerto Rico. Print 1040ez forms Consulte al Servicio Federal de Rentas Internas en Puerto Rico. Print 1040ez forms Trabajo industrial hecho en el hogar:     1. Print 1040ez forms Por empleados bajo la ley común. Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms 2. Print 1040ez forms Por empleados sujetos a las disposiciones estatutarias (vea el apartado 2 ). Print 1040ez forms Tributable, si se les pagan $100 o más en  efectivo en un año. Print 1040ez forms Exenta. Print 1040ez forms Médicos internos empleados en hospitales. Print 1040ez forms Tributable. Print 1040ez forms Exenta. Print 1040ez forms Trabajadores domésticos:     Servicio doméstico en la residencia privada del patrono. Print 1040ez forms Además, vea Servicio doméstico en clubes universitarios, fraternidades y hermandades femeninas (sororities), anteriormente. Print 1040ez forms Tributable si se hacen los pagos en efectivo de $1,900 o más durante el año 2014. Print 1040ez forms Es exenta si los servicios son prestados por un individuo menor de 18 años de edad durante cualquier porción del año natural y los servicios no son la ocupación principal del empleado. Print 1040ez forms Tributable, si el total de los salarios pagados en efectivo ascienden a $1,000 o más (para todos sus empleados domésticos) en cualquier trimestre natural del año actual o anterior. Print 1040ez forms Agentes de seguros o solicitadores:     1. Print 1040ez forms Vendedores de seguros a tiempo completo. Print 1040ez forms Tributable. Print 1040ez forms Exenta, si no es un empleado de acuerdo a la ley común y si es remunerado únicamente por comisiones. Print 1040ez forms 2. Print 1040ez forms Otros vendedores de seguros de vida, accidente, etc. Print 1040ez forms Tributable, solamente si es un empleado de acuerdo a la ley común. Print 1040ez forms Exenta, si no es un empleado de acuerdo a la ley común y si es remunerado únicamente por comisiones. Print 1040ez forms Interés no realizado sobre préstamos por debajo de la tasa correspondiente del mercado relacionados con la compensación y considerados descuento de emisión original. Print 1040ez forms (Vea la sección 7872 del Código Federal de Rentas Internas y los reglamentos correspondientes para más detalles). Print 1040ez forms Vea la Publicación 15-A, en inglés. Print 1040ez forms Vea la Publicación 15-A, en inglés. Print 1040ez forms ***Los beneficios proporcionados de acuerdo con los planes llamados “planes cafetería” podrían reunir los requisitos para ser excluidos de los salarios para propósitos de la contribución al Seguro Social, al seguro Medicare y al fondo federal para el desempleo. Print 1040ez forms Reglas especiales para varias clases de servicios y de pagos Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Comidas y alojamiento, incluyendo los que se le proporcionan a los empleados a un precio reducido. Print 1040ez forms (En el caso de empleados domésticos, agrícolas y servicios que no se prestan en el curso normal de un negocio o profesión, vea Pagos en especie, más adelante). Print 1040ez forms 1. Print 1040ez forms Comidas: Tributables, excepto si son proporcionadas por el patrono, para la conveniencia de éste, en el negocio del patrono. Print 1040ez forms Para información acerca de la exclusión de beneficios marginales mínimos, vea la sección 132(e) del Código. Print 1040ez forms  2. Print 1040ez forms Alojamiento: Tributable, excepto si es proporcionado por el patrono, para la conveniencia de éste, en el negocio del patrono y como requisito para mantener el empleo. Print 1040ez forms 1. Print 1040ez forms Comidas: Tributables, excepto si son proporcionadas por el patrono, para la conveniencia de éste, en el negocio del patrono. Print 1040ez forms Para información acerca de la exclusión de beneficios marginales mínimos, vea la sección 132(e) del Código. Print 1040ez forms  2. Print 1040ez forms Alojamiento: Tributable, excepto si es proporcionado por el patrono, para la conveniencia de éste, en el negocio del patrono y como requisito para mantener el empleo. Print 1040ez forms Ministros de iglesias que ejercen como tal. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms Reembolsos de gastos de mudanza:     1. Print 1040ez forms Gastos calificados. Print 1040ez forms Exenta, a menos que usted tenga conocimiento de que el empleado dedujo los gastos en un año anterior. Print 1040ez forms Exenta, a menos que usted tenga conocimiento de que el empleado dedujo los gastos en un año anterior. Print 1040ez forms 2. Print 1040ez forms Gastos no calificados. Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms Pagos en especie:     a. Print 1040ez forms A trabajadores domésticos o agrícolas y a trabajadores que presten servicios no relacionados con el oficio o negocio del patrono. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms b. Print 1040ez forms A ciertos vendedores comisionistas al detal a los cuales se les paga únicamente en efectivo a base de comisión. Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms Organizaciones sin fines de lucro:     1. Print 1040ez forms Organizaciones religiosas, docentes, caritativas, etc. Print 1040ez forms , del tipo descrito en la sec. Print 1040ez forms 501(c)(3) y exentas de la contribución federal sobre ingresos bajo la sec. Print 1040ez forms 501(a) del Código Federal de Rentas Internas. Print 1040ez forms Tributable si la remuneración durante el año asciende a $100 o más. Print 1040ez forms Las iglesias y ciertas organizaciones calificadas que están dirigidas por iglesias que por motivos religiosos se oponen al Seguro Social, pueden solicitar que se les exima del pago de la contribución patronal al Seguro Social y al Medicare. Print 1040ez forms La solicitud deberá hacerla en el Formulario 8274, Certification by Churches and Qualified Church-Controlled Organizations Electing Exemption From Employer Social Security and Medicare Taxes, en inglés. Print 1040ez forms Exenta. Print 1040ez forms 2. Print 1040ez forms Corporaciones establecidas por el Congreso de acuerdo con la Sec. Print 1040ez forms 501(c) del Código Federal de Rentas Internas. Print 1040ez forms Tributable si el empleado gana $100 o más en un año, a menos que sus servicios estén exentos de acuerdo con la sec. Print 1040ez forms 3121(b)(5) ó (6) del Código Federal de Rentas Internas. Print 1040ez forms Tributable si el empleado gana $50 o más en un año, a menos que sus servicios estén exentos de acuerdo con la sec. Print 1040ez forms 3306(c)(6) del Código Federal de Rentas Internas. Print 1040ez forms 3. Print 1040ez forms Otras organizaciones exentas bajo la sec. Print 1040ez forms 501(a) que no sean un plan de pensiones, de participación en los beneficios, o un plan de bonificación en acciones descrito en la sec. Print 1040ez forms 401(a) o bajo la Sec. Print 1040ez forms 521 del Código Federal de Rentas Internas. Print 1040ez forms Tributable si el empleado gana $100 o más en un año. Print 1040ez forms Tributable si el empleado gana $50 o más en un trimestre. Print 1040ez forms Socios colectivos Exentos. Print 1040ez forms Exentos. Print 1040ez forms Pacientes empleados en hospitales. Print 1040ez forms Tributable (exenta en el caso de los hospitales estatales o locales). Print 1040ez forms Exenta. Print 1040ez forms Órdenes religiosas: Miembros que, de acuerdo con las instrucciones que han recibido de la orden, prestan servicios:     1. Print 1040ez forms En nombre de la orden, de la iglesia dirigente o de una institución asociada. Print 1040ez forms Exenta, a menos que el miembro haya hecho un voto de pobreza y la orden religiosa, o una subdivisión independiente de ésta, opte irrevocablemente por la protección del seguro para todos su miembros activos. Print 1040ez forms Exenta. Print 1040ez forms 2. Print 1040ez forms En nombre de cualquier organización que no sea una de las que se han mencionado en punto (1), anteriormente. Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms Reglas especiales para varias clases de servicios y de pagos Clases especiales de empleo y tipos  especiales de paga Contribuciones sobre la Nómina Para la contribución al Seguro Social y al seguro Medicare (incluyendo la Contribución Adicional al Medicare, cuando los salarios pagados exceden de $200,000), la paga es: Bajo la Ley Federal de Contribución para el Desempleo (FUTA), la paga es: Planes de retiro y de pensión o anualidad:     1. Print 1040ez forms Aportaciones efectuadas por el patrono a un plan calificado. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms 2. Print 1040ez forms Aportaciones electivas del empleado y pagos diferidos a un plan que contiene un arreglo calificado de efectivo o remuneración diferida (por ejemplo, un plan 401(k)). Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms 3. Print 1040ez forms Aportaciones efectuadas por el empleado a ciertas cuentas de reducción en el salario (SIMPLE). Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms 4. Print 1040ez forms Aportaciones efectuadas por el patrono a ciertas cuentas personales de retiro de acuerdo a un plan simplificado de pensión del empleado (SEP). Print 1040ez forms Exenta, excepto por cantidades aportadas mediante un acuerdo de reducción en el salario (SEP). Print 1040ez forms Exenta, excepto por cantidades aportadas mediante un acuerdo de reducción en el salario (SEP). Print 1040ez forms 5. Print 1040ez forms Aportaciones efectuadas por el patrono a ciertos contratos de pagar anualidades descritos en la sección 403(b) del Código Federal de Rentas Internas. Print 1040ez forms Tributable, si se paga mediante un acuerdo de reducción en el salario (por escrito o de otra manera). Print 1040ez forms Tributable, si se paga mediante un acuerdo de reducción en el salario (por escrito o de otra manera). Print 1040ez forms 6. Print 1040ez forms Reparticiones de planes calificados de retiro y de pensión y de ciertas anualidades descritas en la sección 403(b) del Código Federal de Rentas Internas. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms       Vendedores: 1. Print 1040ez forms Empleados conforme al derecho común. Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms 2. Print 1040ez forms Empleados estatutarios (referidos en el apartado 2 ). Print 1040ez forms Tributable. Print 1040ez forms Tributable excepto para los agentes de seguro que trabajan a tiempo completo. Print 1040ez forms 3. Print 1040ez forms Individuos a quien la ley no los clasifica como empleados (agentes de bienes raíces y vendedores directos). Print 1040ez forms Exentos. Print 1040ez forms Se tratan como trabajadores por cuenta propia, si todos los pagos están directamente relacionados con las ventas o la producción de otro tipo y servicios prestados como empleados independientes según acordado en el contrato escrito. Print 1040ez forms Los vendedores directos tienen que estar en el negocio de venta de otros productos de consumo. Print 1040ez forms El negocio de venta no puede estar localizado en un establecimiento permanente. Print 1040ez forms Indemnización por separación del empleo. Print 1040ez forms Tributable. Print 1040ez forms Tributable. Print 1040ez forms Pagos por concepto de enfermedad o lesiones:     1. Print 1040ez forms Bajo la ley de compensación a trabajadores. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms 2. Print 1040ez forms Bajo ciertos planes patronales. Print 1040ez forms Exenta después que transcurran 6 meses naturales, contados éstos a partir del primer mes que sigue al último mes en que el empleado trabajó para el patrono. Print 1040ez forms Exenta después que transcurran 6 meses naturales, contados éstos a partir del primer mes que sigue al último mes en que el empleado trabajó para el patrono. Print 1040ez forms 3. Print 1040ez forms Bajo planes que no son patronales. Print 1040ez forms Exenta después que transcurran 6 meses naturales, contados éstos a partir del primer mes que sigue al último mes en que el empleado trabajó para el patrono. Print 1040ez forms Exenta después que transcurran 6 meses naturales, contados éstos a partir del primer mes que sigue al último mes en que el empleado trabajó para el patrono. Print 1040ez forms Estudiantes:     1. Print 1040ez forms Estudiante matriculado y que asiste regularmente a clases (con dedicación parcial, o su equivalente, al menos, mientras se dedica a un plan de estudios) y que presta servicios para una:     a. Print 1040ez forms Escuela privada, institución de enseñanza superior o universidad. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms b. Print 1040ez forms Organización auxiliar sin fines de lucro operada y controlada por una escuela, institución de enseñanza superior o universidad. Print 1040ez forms Exenta, a menos que los servicios estén amparados conforme a un acuerdo hecho bajo la sección 218 de la Ley del Seguro Social. Print 1040ez forms Exenta. Print 1040ez forms c. Print 1040ez forms Escuela pública, institución de enseñanza superior o universidad. Print 1040ez forms Exenta, a menos que los servicios estén amparados conforme a un acuerdo hecho bajo la sección 218 de la Ley del Seguro Social. Print 1040ez forms Exenta. Print 1040ez forms 2. Print 1040ez forms Estudiante con dedicación completa que presta servicios a cambio de recibir crédito académico, así combinando su instrucción académica con su experiencia en el trabajo como parte esencial de su programa de estudios. Print 1040ez forms Tributable. Print 1040ez forms Exenta, a menos que se haya establecido el programa para, o en nombre de, un patrono o un grupo de patronos. Print 1040ez forms 3. Print 1040ez forms Estudiante para enfermero que presta servicios de tiempo parcial por una paga insignificante en un hospital sólo para cumplir con los requisitos de su adiestramiento. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms 4. Print 1040ez forms Estudiante empleado por un campamento organizado. Print 1040ez forms Tributable. Print 1040ez forms Exenta. Print 1040ez forms Beneficios suplementarios de la compensación por desempleo Exentos bajo ciertas condiciones, vea la Publicación 15-A, en inglés. Print 1040ez forms Propinas:     1. Print 1040ez forms Si ascienden a $20 o más en un mes. Print 1040ez forms Tributable. Print 1040ez forms Tributable por el total de propinas declaradas por escrito al patrono. Print 1040ez forms 2. Print 1040ez forms Si ascienden a menos de $20 en un mes. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms Compensación del seguro obrero. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms Repartidores de periódicos menores de 18 años de edad que efectúan entrega directamente al consumidor. Print 1040ez forms Exenta. Print 1040ez forms Exenta. Print 1040ez forms   Cómo obtener ayuda relacionada con las contribuciones Ya sea si necesita ayuda con un asunto contributivo, o si necesita obtener gratuitamente un formulario o publicación, obtenga la ayuda que necesite de la manera que le sea conveniente a usted. Print 1040ez forms Acceda a la Internet, utilice un teléfono inteligente (smartphone), llame o visite a una oficina del IRS cerca de usted. Print 1040ez forms Ayuda relacionada con las contribuciones. Print 1040ez forms   Si necesita información relacionada con las contribuciones sobre la nómina, puede llamar al 1-800-829-4933. Print 1040ez forms Si es usuario de equipo TDD/TTY para personas que son sordas, tienen dificultades auditivas o tienen impedimentos del habla, puede llamar al 1-800-829-4059. Print 1040ez forms Patronos en Puerto Rico. Print 1040ez forms   Si es patrono en Puerto Rico, entonces utiliza el Formulario 499R-2/W-2PR para informarle a sus empleados sobre los ingresos devengados y las contribuciones estatales y federales retenidas. Print 1040ez forms Puede obtener este formulario en el Departamento de Hacienda, llamando al (787) 722-0216. Print 1040ez forms Si desea más información sobre este formulario, acceda al sitio web www. Print 1040ez forms hacienda. Print 1040ez forms gobierno. Print 1040ez forms pr. Print 1040ez forms Internet. Print 1040ez forms    IRS. Print 1040ez forms gov y IRS2Go están listos cuando usted lo está las 24 horas del día, los 7 días de la semana. Print 1040ez forms Descargue la aplicación gratuita IRS2Go de la tienda de aplicaciones iTunes o Google Play. Print 1040ez forms Utilice la aplicación para verificar el estado de su reembolso, pedir transcripciones de su declaración de contribución o su cuenta tributaria, ver el canal del IRS en YouTube, obtener noticias relacionadas con el IRS tan pronto se difundan al público, suscribirse a noticias actualizadas relacionadas con la temporada de radicación de declaraciones o consejos contributivos diarios y seguir las noticias que el IRS publica en Twitter, en @IRSnews, para obtener las noticias sobre las contribuciones federales más recientes, incluyendo información acerca de cambios en la ley tributaria y programas importantes del IRS. Print 1040ez forms Utilice el Tax Trails (Caminos contributivos), disponible en inglés, que es uno de los temas contributivos que está disponible en IRS. Print 1040ez forms gov, el cual contiene información tributaria para personas físicas y negocios. Print 1040ez forms Además, también puede buscar el IRS Tax Map (Mapa contributivo del IRS), en inglés, el cual incluye un índice de temas contributivos para contribuyentes internacionales. Print 1040ez forms Puede utilizar el Mapa contributivo del IRS para buscar en las publicaciones y las instrucciones por tema o palabra clave. Print 1040ez forms El mapa contributivo del IRS une los formularios y publicaciones del IRS dentro de un recurso de búsqueda y provee un punto de acceso a información sobre la ley tributaria por tema. Print 1040ez forms Si busca en el Mapa contributivo del IRS, encontrará enlaces al material relacionado en las publicaciones, formularios e instrucciones, preguntas y respuestas y Temas Contributivos del IRS. Print 1040ez forms Lea temas contributivos que le proveerán información sobre las contribuciones patronales y otra información contributiva para los residentes de Puerto Rico. Print 1040ez forms Si desea ver estos temas, acceda a IRS. Print 1040ez forms gov/espanol y pulse sobre el enlace titulado “Temas Contributivos”. Print 1040ez forms Luego, busque la serie de temas número “900”, los cuales proveen información para residentes de Puerto Rico. Print 1040ez forms Visite la sección Understanding Your IRS Notice or Letter (Información sobre avisos del IRS) para recibir respuestas a preguntas sobre un aviso o carta que recibió del IRS. Print 1040ez forms Efectúe un pago utilizando una de las opciones seguras y convenientes de pago electrónico que están disponibles en IRS. Print 1040ez forms gov. Print 1040ez forms Si desea más información, seleccione la pestaña titulada Payment (Pago), desde la página principal IRS. Print 1040ez forms gov. Print 1040ez forms La información está disponible en inglés. Print 1040ez forms Solicite un PIN de Declaración Electrónica accediendo a IRS. Print 1040ez forms gov/espanol e ingresando las palabras claves “PIN de declaración electrónica” en la casilla Search (Buscar). Print 1040ez forms Descargue formularios, instrucciones y publicaciones, incluidas algunas versiones accesibles de los mismos para personas con discapacidades. Print 1040ez forms Localice el Centro de Ayuda al Contribuyente del IRS. Print 1040ez forms En la casilla Search (Buscar) escriba local offices, en inglés en IRS. Print 1040ez forms gov. Print 1040ez forms En IRS2Go, escoja la opción Contact Us (Comunicarse con nosotros) y luego local offices, en inglés. Print 1040ez forms Un empleado de esa oficina le puede contestar preguntas sobre su cuenta tributaria o ayudarle a establecer un plan de pagos. Print 1040ez forms Antes de visitar la oficina, verifique la herramienta local offices para la búsqueda de las oficinas locales en IRS. Print 1040ez forms gov o la opción local offices que se encuentra bajo la opción Contact Us, en IRS2Go para que verifique la dirección, el número telefónico, las horas de operación y los servicios que dicha oficina provee. Print 1040ez forms Si tiene una necesidad especial, tal como una discapacidad, puede solicitar una cita. Print 1040ez forms Llame al número telefónico local para la oficina localizado en la herramienta para la búsqueda de las oficinas locales o busque en la guía telefónica, bajo United States Government, Internal Revenue Service (Gobierno de los Estados Unidos, Servicio de Rentas Internas). Print 1040ez forms Solicite un número de identificación del patrono (EIN, por sus siglas en inglés). Print 1040ez forms Acceda a IRS. Print 1040ez forms gov y escriba las palabras “Apply for an EIN” (Solicitar un EIN), en inglés, en la casilla Search (Buscar). Print 1040ez forms Lea el Código Federal de Rentas Internas, los reglamentos u otra información oficial. Print 1040ez forms Lea los Internal Revenue Bulletins (Boletines del IRS). Print 1040ez forms Suscríbase por medio del correo electrónico para recibir noticias locales y nacionales relacionadas con las contribuciones. Print 1040ez forms Simplemente, pulse sobre el enlace titulado Subscriptions, que se encuentra sobre la casilla Search (Buscar) en IRS. Print 1040ez forms gov y escoja entre una variedad de opciones. Print 1040ez forms Teléfono. Print 1040ez forms   Puede llamar al IRS o puede llevarlo en su bolsillo con la aplicación IRS2Go en su teléfono inteligente o tableta. Print 1040ez forms Descargue la aplicación gratuita IRS2Go de la tienda de aplicaciones iTunes o Google Play. Print 1040ez forms Llame al 1-800-829-3676 (1-800-TAXFORM) para pedir formularios, instrucciones y publicaciones del año actual y formularios e instrucciones de años anteriores (limitado a los últimos 5 años). Print 1040ez forms Deberá recibir su pedido dentro de 10 días laborables. Print 1040ez forms Llame para escuchar los temas TeleTax, al 1-800-829-4477, para escuchar mensajes grabados en español sobre varios temas generales relacionados con las contribuciones federales y negocios. Print 1040ez forms Llame si utiliza equipo TTY/TDD al 1-800-829-4059, para realizar sus preguntas sobre impuestos o para pedir formularios y publicaciones. Print 1040ez forms El número telefónico TTY/TDD es para las personas que son sordas, quienes tienen problemas auditivos o quienes tienen una incapacidad del habla. Print 1040ez forms Estas personas pueden acceder al IRS a través de servicios de retransmisión, tal como el Servicio Federal de Retransmisión, en inglés. Print 1040ez forms Visitas en persona. Print 1040ez forms   Puede encontrar una variedad de formularios, publicaciones y servicios en persona. Print 1040ez forms Antes de visitar, verifique los días, horas de operación, y los servicios prestados. Print 1040ez forms Productos. Print 1040ez forms Puede visitar diversas oficinas de correos, bibliotecas y oficinas del IRS para obtener formularios, instrucciones y publicaciones. Print 1040ez forms Algunas oficinas del IRS, bibliotecas, oficinas de gobiernos de ciudades y condados tienen una colección de productos que se pueden fotocopiar del documento original impreso. Print 1040ez forms Servicios. Print 1040ez forms Usted puede visitar su Centro de Ayuda al Contribuyente (TAC, por sus siglas en inglés) en Puerto Rico en la mayoría de los días laborables para recibir ayuda en persona con respecto a todo problema relacionado con las contribuciones. Print 1040ez forms Un empleado de esa oficina le puede contestar preguntas sobre su cuenta contributiva o le puede ayudar a establecer un plan de pagos. Print 1040ez forms Antes de visitar la oficina, verifique en www. Print 1040ez forms irs. Print 1040ez forms gov/uac/Contact-My-Local-Office-in-Puerto-Rico en IRS. Print 1040ez forms gov o la opción local offices, que se encuentra bajo la opción Contact Us, en IRS2Go para que verifique los días y las horas de operación y los servicios que dicha oficina provee. Print 1040ez forms Correo. Print 1040ez forms   Puede enviar su pedido para formularios, instrucciones y publicaciones a la dirección que aparece a continuación. Print 1040ez forms Recibirá una contestación dentro de 10 días laborables después de que recibamos su solicitud. Print 1040ez forms  Internal Revenue Service 1201 N. Print 1040ez forms Mitsubishi Motorway Bloomington, IL 61705-6613 Servicio del Defensor del Contribuyente. Print 1040ez forms   El Servicio del Defensor del Contribuyente está aquí para ayudarlo a usted. Print 1040ez forms El Servicio del Defensor del Contribuyente ( TAS , por sus siglas en inglés) es su voz ante el IRS. Print 1040ez forms Nuestro deber es asegurar que a cada contribuyente se le trate de forma justa, y que usted conozca y entienda sus derechos. Print 1040ez forms   ¿Qué puede hacer TAS por usted? Le ofrecemos ayuda gratuita para ayudarle a resolver problemas con el IRS que no ha podido resolver usted mismo. Print 1040ez forms Sabemos que este proceso puede ser confuso, pero, ¡lo peor que se puede hacer es no hacer nada! TAS le puede ayudar si usted no puede resolver su problema contributivo con el IRS y además: Su problema le causa dificultades financieras a usted, su familia o su negocio. Print 1040ez forms Usted (o su negocio) está enfrentando la amenaza de una acción adversa inmediata. Print 1040ez forms Usted ha intentado, vez tras vez, de comunicarse con el IRS, pero nadie le ha respondido, o si el IRS no le ha respondido para la fecha prometida. Print 1040ez forms   Si usted reúne los requisitos para recibir nuestra ayuda, se le asignará un defensor, quien estará a su lado en cada paso del camino y quien hará lo posible para resolver su problema. Print 1040ez forms Nosotros le podemos ayudar porque: TAS es una organización independiente dentro del IRS. Print 1040ez forms Nuestros servicios son gratuitos y se modifican para satisfacer la necesidades de usted. Print 1040ez forms Nuestros defensores saben cómo trabajar con el IRS. Print 1040ez forms   Tenemos oficinas en cada estado, el Distrito de Columbia y Puerto Rico. Print 1040ez forms que le ayudarán a entender sus derechos. Print 1040ez forms ¿Cómo se puede comunicar con nosotros? Si usted cree que TAS posiblemente le puede ayudar, llame a su defensor local, cuyo número telefónico se halla en el directorio telefónico y también en la página del Servicio del Defensor del Contribuyente, disponible en inglés. Print 1040ez forms O, nos puede llamar libre de cargos al 1-877-777-4778. Print 1040ez forms   ¿Además de esto, de qué otra manera ayuda TAS a los contribuyentes? TAS se ocupa de resolver problemas de gran escala o problemas sistémicos que afectan a muchos contribuyentes. Print 1040ez forms Si usted conoce alguno de estos asuntos, favor de informarnos a través del Sistema de Administración de la Defensa Sistémica, en inglés. Print 1040ez forms Clínicas para Contribuyentes de Bajos Recursos. Print 1040ez forms   El programa de Clínicas para Contribuyentes de Bajos Recursos (LITC, por sus siglas en inglés) sirve a las personas de escasos recursos con algún problema con el Servicio de Rentas Internas. Print 1040ez forms La mayoría de los LITCs proporcionan representación ante el IRS en auditorias, disputas por cobros y otros asuntos en forma gratuita o por un costo nominal. Print 1040ez forms Si el idioma materno de la persona no es inglés, algunas clínicas proporcionan información multilingüe respecto a los derechos y responsabilidades del contribuyente. Print 1040ez forms Visite el sitio www. Print 1040ez forms irs. Print 1040ez forms gov/Spanish/¡Clínicas-para-Contribuyentes-de-Bajos-Recursos! o vea la Publicación 4134(SP) – Lista de Clínicas para Contribuyentes de Bajos Recursos, que proporciona información respecto a las clínicas en su área. Print 1040ez forms Prev  Up  Next   Home   More Online Publications
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Tax Relief for Victims of Storms and Floods in Missouri

KS-MO-2011-34, Aug. 17, 2011

ST. LOUIS — Victims of flooding beginning on June 1, 2011, in parts of Missouri may qualify for tax relief from the Internal Revenue Service.

The President has declared Andrew, Atchison, Buchanan, Holt, Lafayette and Platte counties a federal disaster area. Individuals who reside or have a business in these localities may qualify for tax relief.

As a result, the IRS has postponed until Aug. 1, 2011, certain deadlines occurring from June 1 to Aug. 1 that affect taxpayers who live or have a business in the disaster area. This includes the June 15 deadline for making estimated tax payments.

In addition, the IRS is abating the failure-to-deposit penalties for employment and excise tax deposits due on or after June 1 and on or before June 16, 2011, as long as the deposits were made by June 16, 2011.

If an affected taxpayer receives a penalty notice from the IRS, the taxpayer should call the telephone number on the notice to have the IRS abate any interest and any late filing or late payment penalties that would otherwise apply. Penalties or interest will be abated only for taxpayers who have an original or extended filing, payment or deposit due date, including an extended filing or payment due date, that falls within the postponement period.

The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief. But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 1-866-562-5227 to request this tax relief.

Covered Disaster Area

The areas listed above constitute a covered disaster area for purposes of Treas. Reg. § 301.7508A-1(d)(2) and are entitled to the relief detailed below.

Affected Taxpayers

Taxpayers considered to be affected taxpayers eligible for the postponement of time to file returns, pay taxes and perform other time-sensitive acts are those taxpayers listed in Treas. Reg. § 301.7508A-1(d)(1), and include individuals who live, and businesses whose principal place of business is located, in the covered disaster area. Taxpayers not in the covered disaster area, but whose records necessary to meet a deadline listed in Treas. Reg. § 301.7508A-1(c) are in the covered disaster area, are also entitled to relief. In addition, all relief workers affiliated with a recognized government or philanthropic organization assisting in the relief activities in the covered disaster area and any individual visiting the covered disaster area who was killed or injured as a result of the disaster are entitled to relief.

Grant of Relief

Under section 7508A, the IRS has given affected taxpayers until Aug. 1, 2011, to file most tax returns (including individual, corporate, and estate and trust income tax returns; partnership returns, S corporation returns, and trust returns; estate, gift, and generation-skipping transfer tax returns; and employment and certain excise tax returns), or to make tax payments, including estimated tax payments, that have either an original or extended due date occurring on or after June 1 and on or before Aug. 1, 2011.

The IRS also gives affected taxpayers until Aug. 1 to perform other time-sensitive actions described in Treas. Reg. § 301.7508A-1(c)(1) and Rev. Proc. 2007-56, 2007-34 I.R.B. 388 (Aug. 20, 2007), that are due to be performed on or after June 1 and on or before Aug. 1.

This relief also includes the filing of Form 5500 series returns, in the manner described in section 8 of Rev. Proc. 2007-56. The relief described in section 17 of Rev. Proc. 2007-56, pertaining to like-kind exchanges of property, also applies to certain taxpayers who are not otherwise affected taxpayers and may include acts required to be performed before or after the period above.

The postponement of time to file and pay does not apply to information returns in the W-2, 1098, 1099 series, or to Forms 1042-S or 8027. Penalties for failure to timely file information returns can be waived under existing procedures for reasonable cause. Likewise, the postponement does not apply to employment and excise tax deposits. The IRS, however, will abate penalties for failure to make timely employment and excise tax deposits due on or after June 1 and on or before June 16, provided the taxpayer made these deposits by June 16.

Casualty Losses

Affected taxpayers in a federally declared disaster area have the option of claiming disaster-related casualty losses on their federal income tax return for either this year or last year. Claiming the loss on an original or amended return for last year will get the taxpayer an earlier refund, but waiting to claim the loss on this year’s return could result in a greater tax saving, depending on other income factors.

Individuals may deduct personal property losses that are not covered by insurance or other reimbursements. For details, see Form 4684 and its instructions.
Affected taxpayers claiming the disaster loss on last year’s return should put the Disaster Designation, "Missouri/Flooding," at the top of the form so that the IRS can expedite the processing of the refund.

Other Relief

The IRS will waive the usual fees and expedite requests for copies of previously filed tax returns for affected taxpayers. Taxpayers should put the assigned Disaster Designation in red ink at the top of Form 4506, Request for Copy of Tax Return, or Form 4506-T, Request for Transcript of Tax Return, as appropriate, and submit it to the IRS.

Affected taxpayers who are contacted by the IRS on a collection or examination matter should explain how the disaster impacts them so that the IRS can provide appropriate consideration to their case.

Taxpayers may download forms and publications or order them by calling 1-800-TAX-FORM (1-800-829-3676). The IRS toll-free number for general tax questions is 1-800-829-1040.

Related Information:

Recent IRS Disaster Relief Announcements
 

 

Page Last Reviewed or Updated: 20-Feb-2014

The Print 1040ez Forms

Print 1040ez forms 5. Print 1040ez forms   Excise Taxes Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Prohibited Tax Shelter TransactionsEntity Level Tax Excess Benefit TransactionsTax on Disqualified Persons Tax on Organization Managers Excess Benefit Transaction Excess Business Holdings Taxable Distributions of Sponsoring Organizations Exception. Print 1040ez forms A donor advised fund does not include: Taxes on Prohibited Benefits Resulting From Donor Advised Fund Distributions Excise Taxes on Private Foundations Excise Taxes on Black Lung Benefit Trusts Excise Tax on Failure to Meet the Community Health Needs Assessment Requirements Introduction An excise tax may be imposed on certain tax-exempt organizations. Print 1040ez forms Topics - This chapter discusses: Prohibited tax shelter transactions Excess benefit transactions Excess business holdings Taxable distributions of sponsoring organizations Taxes on prohibited benefits distributed from donor advised funds Excise taxes on private foundations Excise taxes on 501(c)(21) black lung benefit trusts Excise Tax on Failure to Meet the Community Health Needs Assessment Requirements of Hospitals Useful Items - You may want to see: Forms (and Instructions) 4720 Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code See chapter 6 for more information about getting Form 4720. Print 1040ez forms Prohibited Tax Shelter Transactions Section 4965 imposes an excise tax on: Certain tax-exempt entities that are party to prohibited tax shelter transactions, and Any entity manager who approves or otherwise causes the entity to be a party to a prohibited tax shelter transaction and knows or has reason to know that the transaction is a prohibited tax shelter transaction. Print 1040ez forms  Additionally, section 6033 provides new disclosure requirements on a tax-exempt entity that is a party to a prohibited tax shelter transaction. Print 1040ez forms Tax-exempt entities. Print 1040ez forms   Tax-exempt entities that are subject to section 4965 include: Entities described in section 501(c), including but not limited to the following common types of entities: Instrumentalities of the United States described in section 501(c)(1); Churches, hospitals, museums, schools, scientific research organizations, and other charities described in section 501(c)(3); Civic leagues, social welfare organizations, and local associations of employees described in section 501(c)(4); Labor, agricultural, or horticultural organizations described in section 501(c)(5); Business leagues, chambers of commerce, trade associations, and other organizations described in section 501(c)(6); Voluntary employees' beneficiary associations (VEBAs) described in section 501(c)(9); Credit unions described in section 501(c)(14); Insurance companies described in section 501(c)(15); and Veterans' organizations described in section 501(c)(19). Print 1040ez forms Religious or apostolic associations or corporations described in section 501(d). Print 1040ez forms Entities described in section 170(c), including states, possessions of the United States, the District of Columbia, political subdivisions of states and political subdivisions of possessions of the United States (but not including the United States). Print 1040ez forms Indian tribal governments within the meaning of section 7701(a)(40). Print 1040ez forms Entity manager. Print 1040ez forms    An entity manager is any person with authority or responsibility similar to that exercised by an officer, director, or trustee, and, for any act, the person that has authority or responsibility with respect to the prohibited transaction. Print 1040ez forms Prohibited tax shelter transaction. Print 1040ez forms   A prohibited tax shelter transaction is any listed transaction, within the meaning of section 6707A(c)(2), and any prohibited reportable transactions. Print 1040ez forms A prohibited reportable transaction is a confidential transaction within the meaning of Regulations section 1. Print 1040ez forms 6011-4(b)(3), and a transaction with contractual protection within the meaning of Regulations section 1. Print 1040ez forms 6011-4(b)(4). Print 1040ez forms See the Instructions for Form 8886 for more information on listed transactions and prohibited reportable transactions. Print 1040ez forms Subsequently listed transaction. Print 1040ez forms   Any transaction to which the tax-exempt entity is a party and is later determined to be a listed transaction after the entity has become a party to it, is a subsequently listed transaction. Print 1040ez forms Entity Level Tax Section 4965(a)(1) imposes an entity level excise tax on any tax-exempt entity described in 1, 2, 3, or 4 above that becomes a party to a prohibited tax shelter transaction or is a party to a subsequently listed transaction (defined earlier). Print 1040ez forms The excise tax imposed on a tax-exempt entity applies to tax years in which the entity becomes a party to the prohibited tax shelter transaction and any subsequent tax years. Print 1040ez forms The amount of the excise tax depends on whether the tax-exempt entity knew or had reason to know that the transaction was a prohibited tax shelter transaction at the time it became a party to the transaction. Print 1040ez forms To figure and report the excise tax imposed on a tax-exempt entity for being a party to a prohibited tax shelter transaction, file Form 4720. Print 1040ez forms For more information about this excise tax, including information about how it is figured, see the Instructions for Form 4720. Print 1040ez forms Manager Level Tax Section 4965(a)(2) imposes an excise tax on any tax-exempt entity manager who approves or otherwise causes the entity to be a party to a prohibited tax shelter transaction and knows (or has reason to know) that the transaction is a prohibited tax shelter transaction. Print 1040ez forms The excise tax, in the amount of $20,000, is assessed for each approval or other act causing the organization to be a party to the prohibited tax shelter transaction. Print 1040ez forms To report this tax, file Form 4720. Print 1040ez forms Excess Benefit Transactions Excise tax on excess benefit transactions. Print 1040ez forms   A disqualified person who benefits from an excess benefit transaction, such as compensation, fringe benefits, or contract payments from certain section 501(c)(3), 501(c)(4), or 501(c)(29) organizations, must correct the transaction and may have to pay an excise tax under section 4958. Print 1040ez forms A manager of the organization may also have to pay an excise tax under section 4958. Print 1040ez forms These taxes are reported on Form 4720. Print 1040ez forms   The excise taxes are imposed if an applicable tax-exempt organization provides an excess benefit to a disqualified person and that benefit exceeds the value of the benefit received in exchange. Print 1040ez forms   There are three taxes under section 4958. Print 1040ez forms Disqualified persons are liable for the first two taxes and certain organization managers are liable for the third tax. Print 1040ez forms    Taxes imposed on excess benefit transactions do not apply to a transaction under a written contract that was binding on September 13, 1995, and at all times thereafter before the transaction occurred. Print 1040ez forms Tax on Disqualified Persons An excise tax equal to 25% of the excess benefit is imposed on each excess benefit transaction between an applicable tax-exempt organization and a disqualified person. Print 1040ez forms The disqualified person who benefited from the transaction is liable for the tax. Print 1040ez forms See definition of Disqualified person, later at Disqualified person. Print 1040ez forms Additional tax on the disqualified person. Print 1040ez forms   If the 25% tax is imposed and the excess benefit transaction is not corrected within the taxable period, an additional excise tax equal to 200% of the excess benefit is imposed on any disqualified person involved. Print 1040ez forms   If a disqualified person makes a payment of less than the full correction amount, the 200% tax is imposed only on the unpaid portion of the correction amount. Print 1040ez forms If more than one disqualified person received an excess benefit from an excess benefit transaction, all such disqualified persons are jointly and severally liable for the taxes. Print 1040ez forms   To avoid the 200% tax, a disqualified person must correct the excess benefit transaction during the taxable period. Print 1040ez forms The 200% tax is abated (refunded if collected) if the excess benefit transaction is corrected within a 90-day correction period beginning on the date a statutory notice of deficiency is issued. Print 1040ez forms Taxable period. Print 1040ez forms   The taxable period means the period beginning with the date on which the excess benefit transaction occurs and ending on the earlier of: The date a notice of deficiency was mailed to the disqualified person for the initial tax on the excess benefit transaction, or The date on which the initial tax on the excess benefit transaction for the disqualified person is assessed. Print 1040ez forms Tax on Organization Managers If tax is imposed on a disqualified person for any excess benefit transaction, an excise tax equal to 10% of the excess benefit is imposed on an organization manager who knowingly participated in an excess benefit transaction, unless such participation was not willful and was due to reasonable cause. Print 1040ez forms This tax cannot exceed $20,000 ($10,000 for transactions entered in a tax year beginning before August 18, 2006), for each transaction. Print 1040ez forms There is also joint and several liability for this tax. Print 1040ez forms A person can be liable for both the tax paid by the disqualified person and the organization manager tax for a particular excess benefit transaction. Print 1040ez forms Organization Manager. Print 1040ez forms   An organization manager is any officer, director, or trustee of an applicable tax-exempt organization, or any individual having powers or responsibilities similar to officers, directors, or trustees of the organization, regardless of title. Print 1040ez forms An organization manager is not considered to have participated in an excess benefit transaction where the manager has opposed the transaction in a manner consistent with the fulfillment of the manager's responsibilities to the organization. Print 1040ez forms For example, a director who votes against giving an excess benefit would ordinarily not be subject to the 10% tax. Print 1040ez forms A person participates in a transaction knowingly if the person: Has actual knowledge of sufficient facts so that, based solely upon those facts, such transaction would be an excess benefit transaction; Is aware that such a transaction under these circumstances may violate the provisions of federal tax law governing excess benefit transactions; and Negligently fails to make reasonable attempts to ascertain whether the transaction is an excess benefit transaction, or the manager is in fact aware that it is such a transaction. Print 1040ez forms Knowing does not mean having reason to know. Print 1040ez forms The organization manager ordinarily will not be considered knowing if, after full disclosure of the factual situation to an appropriate professional, the organization manager relied on the professional's reasoned written opinion on matters within the professional's expertise or if the manager relied on the fact that the requirements for the rebuttable presumption of reasonableness have been satisfied. Print 1040ez forms Participation by an organization manager is willful if it is voluntary, conscious, and intentional. Print 1040ez forms An organization manager's participation is due to reasonable cause if the manager has exercised responsibility on behalf of the organization with ordinary business care and prudence. Print 1040ez forms Excess Benefit Transaction An excess benefit transaction is a transaction in which an economic benefit is provided by an applicable tax-exempt organization, directly or indirectly, to or for the use of any disqualified person, and the value of the economic benefit provided by the organization exceeds the value of the consideration (including the performance of services) received for providing such benefit. Print 1040ez forms The excess benefit transaction rules apply to all transactions with disqualified persons, regardless of whether the amount of the benefit provided is determined in whole or in part by the revenues of one or more activities of the organization. Print 1040ez forms To determine whether an excess benefit transaction has occurred, all consideration and benefits exchanged between a disqualified person and the applicable tax-exempt organization, and all entities it controls, are taken into account. Print 1040ez forms For purposes of determining the value of economic benefits, the value of property, including the right to use property, is the fair market value. Print 1040ez forms Fair market value is the price at which property, or the right to use property, would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy, sell, or transfer property or the right to use property, and both having reasonable knowledge of relevant facts. Print 1040ez forms Donor advised fund transactions occurring after August 17, 2006. Print 1040ez forms   For a donor advised fund, an excess benefit transaction includes a grant, loan, compensation, or other similar payment from the fund to a: Donor or donor advisor, Family member of a donor, or donor advisor, 35% controlled entity of a donor, or donor advisor, or 35% controlled entity of a family member of a donor, or donor advisor. Print 1040ez forms   The excess benefit in this transaction is the amount of the grant, loan, compensation, or other similar payment. Print 1040ez forms For additional information, see the Instructions for Form 4720. Print 1040ez forms Supporting organization transactions occurring after July 25, 2006. Print 1040ez forms   For any supporting organization, defined in section 509(a)(3), an excess benefit transaction includes grants, loans, compensation, or other similar payment provided by the supporting organization to a: Substantial contributor, Family member of a substantial contributor, 35% controlled entity of a substantial contributor, or 35% controlled entity of a family member of a substantial contributor. Print 1040ez forms   Additionally, an excess benefit transaction includes any loans provided by the supporting organization to a disqualified person (other than an organization described in section 509(a)(1), (2), or (4)). Print 1040ez forms   The excess benefit for substantial contributors and parties related to those contributors includes the amount of the grant, loan, compensation, or other similar payment. Print 1040ez forms For additional information, see the Instructions for Form 4720. Print 1040ez forms   Excess benefit transaction rules generally do not apply to transactions between a supporting organization and its supported organization described in section 501(c)(4), (5), or (6) in furtherance of charitable purposes. Print 1040ez forms Date of Occurrence An excess benefit transaction occurs on the date the disqualified person receives the economic benefit from the organization for federal income tax purposes. Print 1040ez forms However, when a single contractual arrangement provides for a series of compensation or other payments to or for the use of a disqualified person during the disqualified person's tax year, any excess benefit transaction with respect to these payments occurs on the last day of the taxpayer's tax year. Print 1040ez forms In the case of benefits provided to a qualified pension, profit-sharing, or stock bonus plan, the transaction occurs on the date the benefit is vested. Print 1040ez forms In the case of the transfer of property subject to a substantial risk of forfeiture, or in the case of rights to future compensation or property, the transaction occurs on the date the property, or the rights to future compensation or property, is not subject to a substantial risk of forfeiture. Print 1040ez forms Where the disqualified person elects to include an amount in gross income in the tax year of transfer under section 83(b), the excess benefit transaction occurs on the date the disqualified person receives the economic benefit for federal income tax purposes. Print 1040ez forms Correcting the excess benefit. Print 1040ez forms   An excess benefit transaction is corrected by undoing the excess benefit to the extent possible, and by taking any additional measures necessary to place the organization in a financial position not worse than what it would have been if the disqualified person were dealing under the highest fiduciary standards. Print 1040ez forms   A disqualified person corrects an excess benefit by making a payment in cash or cash equivalents, excluding payment by a promissory note, equal to the correction amount to the applicable tax-exempt organization. Print 1040ez forms The correction amount equals the excess benefit plus the interest on the excess benefit. Print 1040ez forms The interest rate can be no lower than the applicable federal rate, compounded annually, for the month the transaction occurred. Print 1040ez forms   A disqualified person can, with the agreement of the applicable tax-exempt organization, make a payment by returning the specific property previously transferred in the excess transaction. Print 1040ez forms In this case, the disqualified person is treated as making a payment equal to the lesser of: The fair market value of the property on the date the property is returned to the organization, or The fair market value of the property on the date the excess benefit transaction occurred. Print 1040ez forms   If the payment resulting from the return of property is less than the correction amount, the disqualified person must make an additional cash payment to the organization equal to the difference. Print 1040ez forms   If the payment resulting from the return of the property exceeds the correction amount described above, the organization can make a cash payment to the disqualified person equal to the difference. Print 1040ez forms Exception. Print 1040ez forms   For a correction of an excess benefit transaction (discussed earlier), no amount repaid in a manner prescribed by the Secretary can be held in a donor advised fund. Print 1040ez forms Applicable Tax-Exempt Organization An applicable tax-exempt organization is a section 501(c)(3), 501(c)(4), or 501(c)(29) organization that is tax-exempt under section 501(a), or was such an organization at any time during a 5-year period ending on the day of the excess benefit transaction. Print 1040ez forms An applicable tax-exempt organization does not include: A private foundation as defined in section 509(a), A governmental entity that is: Exempt from (or not subject to) taxation without regard to section 501(a), or Not required to file an annual return, or A foreign organization, recognized by the IRS or by treaty, that receives substantially all of its support (other than gross investment income) from sources outside the United States. Print 1040ez forms An organization is not treated as a section 501(c)(3), 501(c)(4), or 501(c)(29) organization for any period covered by a final determination that the organization was not tax-exempt under section 501(a), but only if the determination was not based on private inurement or one or more excess benefit transactions. Print 1040ez forms Disqualified Person A disqualified person is: Any person (at any time during the 5-year period ending on the date of the transaction) in a position to exercise substantial influence over the affairs of the organization, A family member of an individual described in 1, and A 35% controlled entity. Print 1040ez forms For donor advised funds, sponsoring organizations, and certain supporting organizations occurring after August 17, 2006. Print 1040ez forms   The following persons will be considered disqualified persons along with certain family members and 35% controlled entities associated with them. Print 1040ez forms Donors of donor advised funds, Investment advisors of sponsoring organizations, and Disqualified persons of a section 509(a)(3) supporting organization that supports the applicable tax-exempt organization. Print 1040ez forms For certain supporting organization transactions occurring after July 25, 2006. Print 1040ez forms   Substantial contributors to supporting organizations will also be considered disqualified persons with respect to the supporting organizations, along with their family members and 35% controlled entities. Print 1040ez forms Investment advisor. Print 1040ez forms   Investment advisor means for any sponsoring organization, any person compensated by such organization (but not an employee of such organization) for managing the investment of, or providing investment advice for, assets maintained in donor advised funds owned by such sponsoring organization. Print 1040ez forms Substantial contributor. Print 1040ez forms   In general, a substantial contributor means any person who contributed or bequeathed an aggregate of more than $5,000 to the organization, if that amount is more than 2% of the total contributions and bequests received by the end of the organization's tax year in which the contribution or bequest is received. Print 1040ez forms A substantial contributor includes the grantor of a trust. Print 1040ez forms Family members. Print 1040ez forms   Family members of a disqualified person include a disqualified person's spouse, brothers or sisters (whether by whole or half-blood), spouses of brothers or sisters (whether by whole or half-blood), ancestors, children (including a legally adopted child), grandchildren, great grandchildren, and spouses of children, grandchildren, and great grandchildren (whether by whole or half-blood). Print 1040ez forms 35% controlled entity. Print 1040ez forms   A 35% controlled entity is: A corporation in which disqualified persons own more than 35% of the total combined voting power, A partnership in which such persons own more than 35% of the profits interest, or A trust or estate in which such persons own more than 35% of the beneficial interest. Print 1040ez forms   In determining the holdings of a business enterprise, any stock or other interest owned directly or indirectly shall apply. Print 1040ez forms Persons having substantial influence. Print 1040ez forms   Among those who are in a position to exercise substantial influence over the affairs of the organization are, for example, voting members of the governing body, and persons holding the power of: Presidents, chief executives, or chief operating officers. Print 1040ez forms Treasurers and chief financial officers. Print 1040ez forms Persons with a material financial interest in a provider-sponsored organization. Print 1040ez forms Persons not considered to have substantial influence. Print 1040ez forms   Persons who are not considered to be in a position to exercise substantial influence over the affairs of an organization include: An employee who receives benefits that total less than the highly compensated amount in section 414(q)(1)(B)(i) and who does not hold the executive or voting powers mentioned earlier in the discussion on Disqualified Person, is not a family member of a disqualified person, and is not a substantial contributor, Tax-exempt organizations described in section 501(c)(3), and Section 501(c)(4) organizations with respect to transactions engaged in with other section 501(c)(4) organizations. Print 1040ez forms Facts and circumstances. Print 1040ez forms   The determination of whether a person has substantial influence over the affairs of an organization is based on all the facts and circumstances. Print 1040ez forms Facts and circumstances that tend to show a person has substantial influence over the affairs of an organization include, but are not limited to, the following. Print 1040ez forms The person founded the organization. Print 1040ez forms The person is a substantial contributor to the organization under the section 507(d)(2)(A) definition, only taking into account contributions to the organization for the past 5 years. Print 1040ez forms The person's compensation is primarily based on revenues derived from activities of the organization that the person controls. Print 1040ez forms The person has or shares authority to control or determine a substantial portion of the organization's capital expenditures, operating budget, or compensation for employees. Print 1040ez forms The person manages a discrete segment or activity of the organization that represents a substantial portion of the activities, assets, income, or expenses of the organization, as compared to the organization as a whole. Print 1040ez forms The person owns a controlling interest (measured by either vote or value) in a corporation, partnership, or trust that is a disqualified person. Print 1040ez forms The person is a nonstock organization controlled directly or indirectly by one or more disqualified persons. Print 1040ez forms   Facts and circumstances tending to show that a person does not have substantial influence over the affairs of an organization include, but are not limited to, the following. Print 1040ez forms The person has taken a bona fide vow of poverty as an employee or agent of a religious organization or on its behalf. Print 1040ez forms The person is an independent contractor whose sole relationship to the organization is providing professional advice (without having decision-making authority) with respect to transactions from which the independent contractor will not economically benefit either directly or indirectly aside from customary fees received for the professional advice rendered. Print 1040ez forms Any preferential treatment the person receives based on the size of the person's donation is also offered to others making comparable widely solicited donations. Print 1040ez forms The direct supervisor of the person is not a disqualified person. Print 1040ez forms The person does not participate in any management decisions affecting the organization as a whole or a discrete segment of the organization that represents a substantial portion of the activities, assets, income, or expenses of the organization, as compared to the organization as a whole. Print 1040ez forms   In the case of multiple organizations affiliated by common control or governing documents, the determination of whether a person does or does not have substantial influence is made separately for each applicable tax-exempt organization. Print 1040ez forms A person may be a disqualified person with respect to transactions with more than one organization. Print 1040ez forms Reasonable Compensation. Print 1040ez forms    Reasonable compensation is the value that would ordinarily be paid for like services by like enterprises under like circumstances. Print 1040ez forms The section 162 standard will apply in determining the reasonableness of compensation. Print 1040ez forms The fact that a bonus or revenue-sharing arrangement is subject to a cap is a relevant factor in determining reasonableness of compensation. Print 1040ez forms   To determine the reasonableness of compensation, all items of compensation provided by an applicable tax-exempt organization in exchange for performance of services are taken into account in determining the value of compensation (except for economic benefits that are disregarded under the discussion Disregarded benefits , later). Print 1040ez forms Items of compensation include: All forms of cash and noncash compensation, including salary, fees, bonuses, severance payments, and deferred noncash compensation, The payment of liability insurance premiums for, or the payment or reimbursement by the organization of penalties, taxes, or certain expenses under section 4958, unless excludable from income as a de minimis fringe benefit under section 132(a)(4), All other compensatory benefits, whether or not included in gross income for income tax purposes, Taxable and nontaxable fringe benefits, except fringe benefits described in section 132, and Foregone interest on loans. Print 1040ez forms    Intent to treat benefits as compensation. Print 1040ez forms An economic benefit is not treated as consideration for the performance of services unless the organization providing the benefit clearly indicates its intent to treat the benefit as compensation when the benefit is paid. Print 1040ez forms   An applicable tax-exempt organization (or entity that it controls) is treated as clearly indicating its intent to provide an economic benefit as compensation for services only if the organization provides written substantiation that is contemporaneous with the transfer of the economic benefits under consideration. Print 1040ez forms Ways to provide contemporaneous written substantiation of its intent to provide an economic benefit as compensation include: The organization produces a signed written employment contract, The organization reports the benefit as compensation on an original Form W-2, Form 1099, or Form 990, or on an amended form filed before starting an IRS examination, or The disqualified person reports the benefit as income on the person's original Form 1040, or on an amended form filed before starting an IRS examination. Print 1040ez forms Exception. Print 1040ez forms   If the economic benefit is excluded from the disqualified person's gross income for income tax purposes, the applicable tax-exempt organization is not required to indicate its intent to provide an economic benefit as compensation for services. Print 1040ez forms Rebuttable presumption that a transaction is not an excess benefit transaction. Print 1040ez forms   Payments under a compensation arrangement are presumed to be reasonable and the transfer of property (or right to use property) is presumed to be at fair market value, if the following three conditions are met. Print 1040ez forms The transaction is approved in advance by an authorized body of the organization (or an entity it controls) which is composed of individuals who do not have a conflict of interest concerning the transaction. Print 1040ez forms Before making its determination, the authorized body obtained and relied upon appropriate data as to comparability. Print 1040ez forms (There is a special safe harbor for small organizations. Print 1040ez forms If the organization has gross receipts of less than $1 million, appropriate comparability data includes data on compensation paid by three comparable organizations in the same or similar communities for similar services. Print 1040ez forms ) The authorized body adequately documents the basis for its determination concurrently with making that determination. Print 1040ez forms The documentation should include: The terms of the approved transaction and the date approved, The members of the authorized body who were present during debate on the transaction that was approved and those who voted on it, The comparability data obtained and relied upon by the authorized body and how the data was obtained, Any actions by a member of the authorized body having conflict of interest, and Documentation of the basis of the determination before the later of the next meeting of the authorized body or 60 days after the final actions of the authorized body are taken, and approval of records as reasonable, accurate, and complete within a reasonable time thereafter. Print 1040ez forms Disregarded benefits. Print 1040ez forms   The following economic benefits are disregarded for section 4958 purposes. Print 1040ez forms Nontaxable fringe benefits that are excluded from income under section 132. Print 1040ez forms Benefits provided to a volunteer for the organization if the benefit is provided to the general public in exchange for a membership fee or contribution of $75 or less. Print 1040ez forms Benefits provided to a member of an organization due to the payment of a membership fee or to a donor as a result of a deductible contribution, if a significant number of disqualified persons make similar payments or contributions and are offered a similar economic benefit. Print 1040ez forms Benefits provided to a person solely as a member of a charitable class that the applicable tax-exempt organization intends to benefit as part of the accomplishment of its exempt purpose. Print 1040ez forms A transfer of an economic benefit to or for the use of a governmental unit, as defined in section 170(c)(1), if exclusively for public purposes. Print 1040ez forms Special Exception for Initial Contracts      Section 4958 does not apply to any fixed payment made to a person under an initial contract. Print 1040ez forms   A fixed payment is an amount of cash or other property specified in the contract, or determined by a fixed formula that is specified in the contract, which is to be paid or transferred in exchange for the provision of specified services or property. Print 1040ez forms   A fixed formula can, generally, incorporate an amount that depends upon future specified events or contingencies, as long as no one has discretion when calculating the amount of a payment or deciding whether to make a payment (such as a bonus). Print 1040ez forms   An initial contract is a binding written contract between an applicable tax-exempt organization and a person who was not a disqualified person immediately before entering into the contract. Print 1040ez forms   A binding written contract, providing it can be terminated or canceled by the applicable tax-exempt organization without the other party's consent (except as a result of substantial nonperformance) and without substantial penalty, is treated as a new contract, as of the earliest date any termination or cancellation would be effective. Print 1040ez forms Also, if the parties make a material change to a contract, which includes an extension or renewal of the contract (except for an extension or renewal resulting from the exercise of an option by the disqualified person), or a more than incidental change to the amount payable under the contract, it is treated as a new contract as of the effective date of the material change. Print 1040ez forms More information. Print 1040ez forms   For more information, see the Instructions to Forms 990 and 4720. Print 1040ez forms Excess Business Holdings Private foundations are generally not permitted to hold more than a 20% interest in an unrelated business enterprise. Print 1040ez forms They may be subject to an excise tax on the amount of any excess business holdings. Print 1040ez forms For purposes of section 4943, for tax years beginning after August 17, 2006, donor advised funds and certain supporting organizations are considered private foundations. Print 1040ez forms Donor advised fund. Print 1040ez forms   In general, a donor advised fund is a fund or account separately identified by reference to contributions of a donor or donors that is owned and controlled by a sponsoring organization and for which the donor has or expects to have advisory privileges concerning the distribution or investment of the funds. Print 1040ez forms Supporting organizations. Print 1040ez forms   Only certain supporting organizations are subject to the excess business holdings tax under section 4943. Print 1040ez forms These include (1) Type III supporting organizations that are not functionally integrated and (2) Type II supporting organizations that accept any gift or contribution from a person who by himself or in connection with a related party controls the supported organization that the Type II supporting organization supports. Print 1040ez forms Taxes. Print 1040ez forms   A private foundation that has excess holdings in a business enterprise may become liable for an excise tax based on the amount of holdings. Print 1040ez forms The initial tax is 10% (5% for tax years beginning before August 18, 2006) of the value of the excess holdings and is imposed on the last day of each tax year that ends during the taxable period. Print 1040ez forms The excess holdings are determined on the day during the tax year when they were the largest. Print 1040ez forms   A foundation that fails to correct the excess business holdings becomes liable for an additional tax of 200% of the remaining excess business holdings as of the earlier of tax assessment or mailing of a notice of deficiency. Print 1040ez forms   For more information on the tax on excess business holdings, see the Instructions for Form 4720. Print 1040ez forms Taxable Distributions of Sponsoring Organizations An excise tax is imposed on a sponsoring organization for each taxable distribution it makes from a donor advised fund. Print 1040ez forms An excise tax is also imposed on any fund manager of the sponsoring organization who agreed to the making of a distribution, knowing that it is a taxable distribution. Print 1040ez forms Taxable distribution. Print 1040ez forms   A taxable distribution is any distribution from a donor advised fund to any natural person or to any other person if: The distribution is for any purpose other than one specified in section 170(c)(2)(B), or The sponsoring organization maintaining the donor advised fund does not exercise expenditure responsibility with respect to the distribution in accordance with section 4945(h). Print 1040ez forms    However, a taxable distribution does not include a distribution from a donor advised fund to: Any organization described in section 170(b)(1)(A) (other than a disqualified supporting organization), The sponsoring organization of the donor advised fund, or Any other donor advised fund. Print 1040ez forms The tax on taxable distributions applies to distributions occurring in tax years beginning after August 17, 2006. Print 1040ez forms Sponsoring organization. Print 1040ez forms   A sponsoring organization is a section 170(c) organization that is neither a government organization (as referred to in section 170(c)(1) and (2)(A)) nor a private foundation. Print 1040ez forms Donor advised fund. Print 1040ez forms    A donor advised fund is a fund or account: Which is separately identified by reference to contributions of a donor or donors, Which is owned and controlled by a sponsoring organization, and For which the donor (or any person appointed or designated by the donor) has or expects to have advisory privileges concerning the distribution or investment of the funds held in the donor advised funds or accounts because of the donor's status as a donor. Print 1040ez forms Exception. Print 1040ez forms A donor advised fund does not include:    A fund or account that makes distributions only to a single identified organization or governmental entity, or Any fund or account for a person described in 3 above that gives advice about which individuals receive grants for travel, study, or similar purposes, if the following three requirements are met: The person's advisory privileges are performed exclusively by such person in their capacity as a committee member of which all the committee members are appointed by the sponsoring organization, No combination of persons with advisory privileges, described in 3 above, or persons related to those in 3 above directly or indirectly control the committee, and All grants from the fund or account are awarded on an objective and nondiscriminatory basis according to a procedure approved in advance by the board of directors of the sponsoring organization. Print 1040ez forms The procedure must be designed to ensure that all grants meet the requirements of section 4945(g)(1), (2), or (3). Print 1040ez forms Disqualified supporting organization. Print 1040ez forms   A disqualified supporting organization includes (1) a Type III supporting organization that is not functionally integrated and (2) any supporting organization where the donor or donor advisor (and any related parties) directly or indirectly controls a supported organization of the supporting organization. Print 1040ez forms Tax on sponsoring organization. Print 1040ez forms   A tax of 20% of the amount of each taxable distribution is imposed on the sponsoring organization. Print 1040ez forms Tax on fund manager. Print 1040ez forms   If a tax is imposed on a taxable distribution of the sponsoring organization, a tax of 5% of the distribution will be imposed on any fund manager who agreed to the distribution knowing that it was a taxable distribution. Print 1040ez forms Any fund manager who took part in the distribution and is liable for the tax must pay the tax. Print 1040ez forms The maximum amount of tax on all fund managers for any one taxable distribution is $10,000. Print 1040ez forms If more than one fund manager is liable for tax on a taxable distribution, all such managers are jointly and severally liable for the tax. Print 1040ez forms   For more information on the tax on taxable distributions of sponsoring organizations, see the Instructions for Form 4720. Print 1040ez forms Taxes on Prohibited Benefits Resulting From Donor Advised Fund Distributions Prohibited benefit. Print 1040ez forms   If any donor, donor advisor, or related party advises the sponsoring organization about making a distribution which results in a donor, donor advisor, or related party receiving (either directly or indirectly) a more than incidental benefit, then such benefit is a prohibited benefit. Print 1040ez forms The tax on prohibited benefits applies to distributions occurring in tax years beginning after August 17, 2006. Print 1040ez forms Donor advisor. Print 1040ez forms   A donor advisor is any person appointed or designated by a donor to advise a sponsoring organization on the distribution or investment of amounts held in the donor's fund or account. Print 1040ez forms Related party. Print 1040ez forms   A related party includes any family member or 35% controlled entity. Print 1040ez forms See the definition of those terms under Disqualified Person , earlier. Print 1040ez forms Tax on donor, donor advisor, or related person. Print 1040ez forms    A tax of 125% of the benefit resulting from the distribution is imposed on both the party who advised as to the distribution (which might be a donor, donor advisor, or related party) and the party who received such benefit (which might be a donor, donor advisor, or related party). Print 1040ez forms The advisor and the party who received the benefit are jointly and severally liable for the tax. Print 1040ez forms Tax on fund managers. Print 1040ez forms   If a tax is imposed on a prohibited benefit received by a donor, donor advisor, or related person, a tax of 10% of the amount of the prohibited benefit is imposed on any fund manager who agreed to the distribution knowing that it would confer a prohibited benefit. Print 1040ez forms Any fund manager who took part in the distribution and is liable for the tax must pay the tax. Print 1040ez forms The maximum amount of tax on all fund managers for any one taxable distribution is $10,000. Print 1040ez forms If more than one fund manager is liable for tax on a taxable distribution, all such managers are jointly and severally liable for the tax. Print 1040ez forms Exception. Print 1040ez forms   If a person engaged in an excess benefit transaction and received a prohibited benefit for the same transaction, the person is taxed under section 4958, and no tax is imposed under section 4967 for a prohibited benefit. Print 1040ez forms   For more information on taxes on prohibited benefits distributed from donor advised funds, see the Instructions for Form 4720. Print 1040ez forms Excise Taxes on Private Foundations There is an excise tax on the net investment income of most domestic private foundations. Print 1040ez forms Capital gains from appreciation are included in the tax base on private foundation net investment income. Print 1040ez forms This tax must be reported on Form 990-PF and must be paid annually at the time for filing that return or in quarterly estimated tax payments if the total tax for the year (section 4940 tax minus credits) is $500 or more. Print 1040ez forms Form 990-W is used to calculate the estimated tax. Print 1040ez forms In addition, there are several other rules that apply to excise taxes on private foundations. Print 1040ez forms These include: Restrictions on self-dealing between private foundations and their substantial contributors and other disqualified persons, Requirements that the foundation annually distribute income for charitable purposes, Limits on their holdings in any business enterprise (see Excess Business Holdings, earlier), Provisions that investments must not jeopardize the carrying out of exempt purposes, and Provisions to assure that expenditures further the organization's exempt purposes. Print 1040ez forms Violations of these provisions give rise to taxes and penalties against the private foundation and, in some cases, its managers, its substantial contributors, and certain related persons. Print 1040ez forms For more information on the excise taxes imposed on private foundations, see the Instructions for Form 4720 and the Instructions for Form 990-PF. Print 1040ez forms Excise Taxes on Black Lung Benefit Trusts A black lung benefit trust that makes any expenditures, payments, or investments other than those described in chapter 4 under 501(c)(21) - Black Lung Benefit Trusts must pay a tax equal to 10% of the amount of such expenditures. Print 1040ez forms If there are any acts of self-dealing between the trust and a disqualified person, a tax equal to 10% of the amount involved is imposed on the disqualified person. Print 1040ez forms Both of these excise taxes are reported on Schedule A (Form 990-BL). Print 1040ez forms See the Form 990-BL instructions for more information on these taxes and what has to be filed, even if the trust is excepted from filing. Print 1040ez forms Excise Tax on Failure to Meet the Community Health Needs Assessment Requirements For tax years beginning after March 23, 2012, new section 4959 imposes an excise tax on hospital organizations which fail to meet certain section 501(r) requirements for each of their hospital facilities. Print 1040ez forms These entities must meet section 501(r)(3) requirements at all times during their tax year. Print 1040ez forms Section 501(r)(3) requirements pertain to a hospital organization preparing a community health needs assessment (CHNA). Print 1040ez forms See Schedule H, Hospitals (Form 990), for details. Print 1040ez forms Prev  Up  Next   Home   More Online Publications