File your Taxes for Free!
  • Get your maximum refund*
  • 100% accurate calculations guaranteed*

TurboTax Federal Free Edition - File Taxes Online

Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!

Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.


© 2012 - 2018 All rights reserved.

This is an Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among other are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
When discussing "Free e-file", note that state e-file is an additional fee. E-file fees do not apply to New York state returns. Prices are subject to change without notice. E-file and get your refund faster
*If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
*Maximum Refund Guarantee - or Your Money Back: If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.99 and a refund of your state purchase price paid. Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/15/14. E-file, Audit Defense, Professional Review, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee. *We're so confident your return will be done right, we guarantee it. Accurate calculations guaranteed. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
https://turbotax.intuit.com/corp/guarantees.jsp

State Tax Mailing Address

Free Tax Filing For State And FederalFree Online Tax Extension FormHow To Do A 1040x1040ez TaxFilelateFile Free State Income TaxIrs AmendmentFree Tax HelpIrs 2011 Tax FormsFree File For State TaxesState Tax FormsFile Free Federal And State TaxesTax Breaks For The UnemployedFiling 1040x OnlineFree Efile Tax ReturnFile Amended Tax Return Online2012 Federal Income Tax Forms40 Ez FormTax Information For Students1040nr Instructions 2012Self Employed Tax CalculatorFind 1040ez Irs Form 2010Hrblock At HomeIrs Online Filing Tax ReturnFederal Tax Form 10401040ez Free Online FilingHow To File An Amended 2011 Tax Return1040x 2011 Free File2012 1040a FormTurbotax Premier Federal E File State 2012Filing Prior Year Tax ReturnsState Tax Filing For FreeFree State Tax Return FormsState Income Tax Form 20121040ez Instructions 2013Taxes For 20112011 Tax 1040 FormFiling A 1040x OnlineHow To File State Taxes Only For FreeFederal Tax Return Forms 1040ez

State Tax Mailing Address

State tax mailing address Depreciation Table of Contents Introduction Special Depreciation AllowanceQualified Property Election Not To Claim the Allowance Rules for Returns Filed Before June 1, 2002 Passenger Automobiles New York Liberty Zone BenefitsSpecial Liberty Zone Depreciation Allowance Increased Section 179 Deduction Liberty Zone Leasehold Improvement Property If you depreciate business property that you acquired and placed in service after September 10, 2001, new law contains provisions that may affect your depreciation deduction for that property. State tax mailing address Publication 946, How To Depreciate Property, contains information on depreciation. State tax mailing address However, Publication 946 does not contain the new provisions because it was printed before the law was enacted. State tax mailing address The new provisions are in the Supplement to Publication 946, which is reprinted below. State tax mailing address Supplement to Publication 946 How To Depreciate Property   Introduction After Publication 946 was printed, the Job Creation and Worker Assistance Act of 2002 was signed into law by the President. State tax mailing address The new law made several changes in the tax rules explained in the publication. State tax mailing address Some of the changes apply to property placed in service during 2001. State tax mailing address This supplemental publication describes those changes and explains what you should do if you are affected by them. State tax mailing address The situations and examples in Publication 946 do not reflect any of the changes made by the Job Creation and Worker Assistance Act of 2002. State tax mailing address The new law contains the following provisions. State tax mailing address 30% depreciation deductions (special depreciation allowance and special New York Liberty Zone (Liberty Zone) depreciation allowance) for the year qualified property is placed in service after September 10, 2001. State tax mailing address An increased dollar limit on the section 179 deduction for qualified Liberty Zone property purchased after September 10, 2001. State tax mailing address A shorter recovery period for qualified Liberty Zone leasehold improvement property placed in service after September 10, 2001. State tax mailing address An increase in the maximum depreciation deduction for 2001 for a qualified passenger automobile placed in service after September 10, 2001. State tax mailing address If you believe you qualify for an increased deduction under any of these new rules, you must file the revised 2001 Form 4562 (dated March 2002) for 2001 calendar or fiscal years and 2000 fiscal years ending after September 10, 2001. State tax mailing address If you have already filed a tax return, this supplemental publication explains how to claim these benefits and how to elect not to claim the special depreciation allowance or special Liberty Zone depreciation allowance. State tax mailing address See Table 2 at the end of the supplement for an overview of the rules that apply if you filed your return before June 1, 2002. State tax mailing address Special Depreciation Allowance You can take a special depreciation allowance for qualified property you place in service after September 10, 2001. State tax mailing address The allowance is an additional deduction of 30% of the property's depreciable basis. State tax mailing address To figure the depreciable basis, you must first multiply the property's cost or other basis by the percentage of business/investment use and then reduce that amount by any section 179 deduction and certain other deductions and credits for the property. State tax mailing address See What Is the Basis for Depreciation? on page 23 in Publication 946 for more information on figuring depreciable basis. State tax mailing address The allowance is deductible for both regular tax and alternative minimum tax (AMT) purposes. State tax mailing address There is no AMT adjustment required for any depreciation figured on the remaining basis of the property. State tax mailing address In the year you claim the allowance (generally the year you place the property in service), you must reduce the depreciable basis of the property by the allowance before figuring your regular depreciation deduction. State tax mailing address Example 1. State tax mailing address On November 1, 2001, you bought and placed in service in your business qualified property that cost $100,000. State tax mailing address You did not elect to claim a section 179 deduction. State tax mailing address You can deduct 30% of the cost ($30,000) as a special depreciation allowance for 2001. State tax mailing address You use the remaining $70,000 of cost to figure your regular depreciation deduction for 2001 and later years. State tax mailing address Example 2. State tax mailing address The facts are the same as in Example 1, except that you choose to deduct $24,000 of the property's cost as a section 179 deduction. State tax mailing address You use the remaining $76,000 of cost to figure your special depreciation allowance of $22,800 ($76,000 × 30%). State tax mailing address You use the remaining $53,200 of cost to figure your regular depreciation deduction for 2001 and later years. State tax mailing address Qualified Property To qualify for the special depreciation allowance, your property must meet the following requirements. State tax mailing address It is new property of one of the following types. State tax mailing address Property depreciated under the modified accelerated cost recovery system (MACRS) with a recovery period of 20 years or less. State tax mailing address See Can You Use MACRS To Depreciate Your Property and Which Recovery Period Applies? on pages 7 and 23, respectively, in Publication 946. State tax mailing address Water utility property. State tax mailing address See 25-year property on page 22 in Publication 946. State tax mailing address Computer software that is not a section 197 intangible as described in Computer software on page 5 in Publication 946. State tax mailing address (The cost of some computer software is treated as part of the cost of hardware and is depreciated under MACRS. State tax mailing address ) Qualified leasehold improvement property (defined later). State tax mailing address It meets the following tests (explained later under Tests To Be Met). State tax mailing address Acquisition date test. State tax mailing address Placed in service date test. State tax mailing address Original use test. State tax mailing address It is not excepted property (explained later under Excepted Property). State tax mailing address Qualified leasehold improvement property. State tax mailing address    Generally, this is any improvement to an interior part of a building that is nonresidential real property, provided all of the following requirements are met. State tax mailing address The improvement is made under or pursuant to a lease by the lessee (or any sublessee) or the lessor of that part of the building. State tax mailing address That part of the building is to be occupied exclusively by the lessee (or any sublessee) of that part. State tax mailing address The improvement is placed in service more than 3 years after the date the building was first placed in service. State tax mailing address   However, a qualified leasehold improvement does not include any improvement for which the expenditure is attributable to any of the following. State tax mailing address The enlargement of the building. State tax mailing address Any elevator or escalator. State tax mailing address Any structural component benefiting a common area. State tax mailing address The internal structural framework of the building. State tax mailing address   Generally, a binding commitment to enter into a lease is treated as a lease and the parties to the commitment are treated as the lessor and lessee. State tax mailing address However, a binding commitment between related persons is not treated as a lease. State tax mailing address Related persons. State tax mailing address   For this purpose, the following are related persons. State tax mailing address Members of an affiliated group. State tax mailing address The persons listed in items (1) through (9) under Related persons on page 8 of Publication 946 (except that “80% or more” should be substituted for “more than 10%” each place it appears). State tax mailing address An executor and a beneficiary of the same estate. State tax mailing address Tests To Be Met To qualify for the special depreciation allowance, the property must meet all of the following tests. State tax mailing address Acquisition date test. State tax mailing address    Generally, you must have acquired the property either: After September 10, 2001, and before September 11, 2004, but only if no written binding contract for the acquisition was in effect before September 11, 2001, or Pursuant to a written binding contract entered into after September 10, 2001, and before September 11, 2004. State tax mailing address   Property you manufacture, construct, or produce for your own use meets this test if you began the manufacture, construction, or production of the property after September 10, 2001, and before September 11, 2004. State tax mailing address Placed in service date test. State tax mailing address   Generally, the property must be placed in service for use in your trade or business or for the production of income after September 10, 2001, and before January 1, 2005. State tax mailing address   If you sold property you placed in service after September 10, 2001, and you leased it back within 3 months after the property was originally placed in service, the property is treated as placed in service no earlier than the date it is used under the leaseback. State tax mailing address Original use test. State tax mailing address   The original use of the property must have begun with you after September 10, 2001. State tax mailing address “Original use” means the first use to which the property is put, whether or not by you. State tax mailing address Additional capital expenditures you incurred after September 10, 2001, to recondition or rebuild your property meet the original use test. State tax mailing address Excepted Property The following property does not qualify for the special depreciation allowance. State tax mailing address Property used by any person before September 11, 2001. State tax mailing address Property required to be depreciated using ADS. State tax mailing address This includes listed property used 50% or less in a qualified business use. State tax mailing address Qualified New York Liberty Zone leasehold improvement property (defined next). State tax mailing address Qualified New York Liberty Zone leasehold improvement property. State tax mailing address   This is any qualified leasehold improvement property (as defined earlier) if all of the following requirements are met. State tax mailing address The improvement is to a building located in the New York Liberty Zone (defined later under New York Liberty Zone Benefits). State tax mailing address The improvement is placed in service after September 10, 2001, and before January 1, 2007. State tax mailing address No written binding contract for the improvement was in effect before September 11, 2001. State tax mailing address Election Not To Claim the Allowance You can elect not to claim the special depreciation allowance for qualified property. State tax mailing address If you make this election for any property, it applies to all property in the same property class placed in service during the year. State tax mailing address To make this election, attach a statement to your return indicating you elect not to claim the allowance and the class of property for which you are making the election. State tax mailing address When to make election. State tax mailing address   Generally, you must make the election on a timely filed tax return (including extensions) for the year in which you place the property in service. State tax mailing address   However, if you timely filed your return for the year without making the election, you can still make the election by filing an amended return within 6 months of the due date of the original return (not including extensions). State tax mailing address Attach the election statement to the amended return. State tax mailing address At the top of the election statement, write “Filed pursuant to section 301. State tax mailing address 9100–2. State tax mailing address ” Revoking an election. State tax mailing address   Once you elect not to deduct the special depreciation allowance for a class of property, you cannot revoke the election without IRS consent. State tax mailing address A request to revoke the election is subject to a user fee. State tax mailing address Rules for Returns Filed Before June 1, 2002 The following rules apply if you placed qualified property in service after September 10, 2001, and filed your return before June 1, 2002. State tax mailing address The rules apply to returns for the following years. State tax mailing address 2000 fiscal years that end after September 10, 2001. State tax mailing address 2001 calendar and fiscal years. State tax mailing address Claiming the allowance. State tax mailing address   If you did not claim the allowance on your return and did not make the election not to claim the allowance, you can do either of the following to claim the allowance. State tax mailing address File an amended return by the due date (not including extensions) of your return for the year following the year the property was placed in service. State tax mailing address Write “Filed Pursuant to Rev. State tax mailing address Proc. State tax mailing address 2002–33” at the top of the amended return. State tax mailing address File Form 3115, Application for Change in Accounting Method, with your return for the year following the year the property was placed in service. State tax mailing address Your return must be filed by the due date (including extensions). State tax mailing address Write “Automatic Change Filed Under Rev. State tax mailing address Proc. State tax mailing address 2002–33” on the appropriate line of Form 3115. State tax mailing address You must also file a copy (with signature) of the completed Form 3115 with the IRS National Office no later than when you file the original with your return. State tax mailing address For more information about filing Form 3115, including the address to send it to, see Revenue Procedure 2002–9, Revenue Procedure 2002–19, and Revenue Procedure 2002–33. State tax mailing address Example 1. State tax mailing address You are an individual and you use the calendar year. State tax mailing address You placed qualified property in service for your business in December 2001. State tax mailing address You filed your 2001 income tax return before April 15, 2002. State tax mailing address You did not claim the special depreciation allowance for the property and did not make the election not to claim the allowance. State tax mailing address You can claim the special allowance by filing an amended 2001 return by April 15, 2003, with “Filed Pursuant to Rev. State tax mailing address Proc. State tax mailing address 2002–33” at the top of the amended return. State tax mailing address You must file an amended return by April 15, 2003, even if you get an extension of time to file your 2002 tax return. State tax mailing address Example 2. State tax mailing address The facts concerning your 2001 return are the same as in Example 1. State tax mailing address In addition, you got an automatic 4-month extension of time (to August 15, 2003) to file your 2002 return. State tax mailing address You can claim the special allowance by filing a Form 3115 (with “Filed Pursuant to Rev. State tax mailing address Proc. State tax mailing address 2002–33” on the appropriate line) with your 2002 return by August 15, 2003. State tax mailing address You must also file a copy of this Form 3115 with the IRS National Office no later than when you file your 2002 return. State tax mailing address Electing not to claim the allowance. State tax mailing address   Generally, you have elected not to claim the special depreciation allowance for a class of property if you: Filed your return timely (including extensions) for the year you placed qualified property in service and indicated on a statement with the return that you are not claiming the allowance, or Filed your return timely and filed an amended return within 6 months of the due date of the original return (not including extensions) and indicated on a statement with the amended return that you are not claiming the allowance. State tax mailing address The statement must indicate that you are not deducting the special depreciation allowance and the class of property to which the election applies. State tax mailing address The statement can be either attached to or written on the return. State tax mailing address You can, for example, write “not deducting 30%” on Form 4562. State tax mailing address Deemed election. State tax mailing address   If you have not followed either of the procedures described above to elect not to claim the allowance, you may still be treated as making the election. State tax mailing address You will be treated as making the election if you meet both of the following conditions. State tax mailing address You filed your return for the year you placed the property in service and claimed depreciation, but not the special allowance, for any class of property. State tax mailing address You do not file an amended return or a Form 3115 within the time prescribed for claiming the special allowance. State tax mailing address See Claiming the allowance, earlier. State tax mailing address Passenger Automobiles The limit on your depreciation deduction (including any section 179 deduction) for any passenger automobile that is qualified property (defined earlier) placed in service after September 10, 2001, and for which you claim the special depreciation allowance is increased. State tax mailing address Generally, the limit is increased from $3,060 to $7,660. State tax mailing address However, if the automobile is a qualified electric car, the limit is increased from $9,280 to $23,080 ($22,980 if placed in service in 2002). State tax mailing address Table 1 shows the maximum deduction amounts for 2001. State tax mailing address Table 1. State tax mailing address Maximum Deduction for 2001 Qualified Vehicle Placed in Service Before Sept. State tax mailing address 11 Placed in Service After Sept. State tax mailing address 10 Passenger automobile $3,060 $7,660 Electric car 9,280 23,080 1 1$22,980 if you place an electric car in service in 2002. State tax mailing address Election not to claim the allowance. State tax mailing address   The increased maximum depreciation deduction does not apply if you elected not to claim the special depreciation allowance as explained earlier under Election Not To Claim the Allowance and Rules for Returns Filed Before June 1, 2002. State tax mailing address New York Liberty Zone Benefits Several benefits are available for property you place in service in the New York Liberty Zone (Liberty Zone). State tax mailing address They include a special depreciation allowance for the year you place the property in service, an increased section 179 deduction, and the classification of certain leasehold improvement property as 5-year property. State tax mailing address Area defined. State tax mailing address   The New York Liberty Zone is the area located on or south of Canal Street, East Broadway (east of its intersection with Canal Street), or Grand Street (east of its intersection with East Broadway) in the Borough of Manhattan in the City of New York, New York. State tax mailing address Special Liberty Zone Depreciation Allowance You can take a special depreciation allowance for qualified Liberty Zone property you place in service after September 10, 2001. State tax mailing address The allowance is an additional deduction of 30% of the property's depreciable basis. State tax mailing address To figure the depreciable basis, you must first multiply the property's cost or other basis by the percentage of business/investment use and then reduce that amount by any section 179 deduction and certain other deductions and credits for the property. State tax mailing address See What Is the Basis for Depreciation? on page 23 in Publication 946 for more information on figuring depreciable basis. State tax mailing address The allowance is deductible for both regular tax and alternative minimum tax (AMT) purposes. State tax mailing address There is no AMT adjustment required for any depreciation figured on the remaining basis of the property. State tax mailing address In the year you claim the allowance (generally the year you place the property in service), you must reduce the depreciable basis of the property by the allowance before figuring your regular depreciation deduction. State tax mailing address You cannot claim the special Liberty Zone depreciation allowance for property eligible for the special depreciation allowance explained earlier in Qualified Property under Special Depreciation Allowance. State tax mailing address Qualified property is eligible for only one special depreciation allowance. State tax mailing address Example 1. State tax mailing address On November 1, 2001, you bought and placed in service in your business, which is in the Liberty Zone, qualified Liberty Zone property that cost $200,000. State tax mailing address You did not elect to claim a section 179 deduction. State tax mailing address You can deduct 30% of the cost ($60,000) as a special Liberty Zone depreciation allowance for 2001. State tax mailing address You use the remaining $140,000 of cost to figure your regular depreciation deduction for 2001 and later years. State tax mailing address Example 2. State tax mailing address The facts are the same as in Example 1, except that you choose to deduct $59,000 of the property's cost as a section 179 deduction. State tax mailing address (See Increased Section 179 Deduction, later, for information concerning how this section 179 deduction amount is figured). State tax mailing address You use the remaining $141,000 of cost to figure your special Liberty Zone depreciation allowance of $42,300 ($141,000 × 30%). State tax mailing address You use the remaining $98,700 of cost to figure your regular depreciation deduction for 2001 and later years. State tax mailing address Qualified Liberty Zone Property For a 2001 calendar or fiscal year and a 2000 fiscal year that ends after September 10, 2001, property qualifies for the special Liberty Zone depreciation allowance if it meets the following requirements. State tax mailing address It is one of the following types of property. State tax mailing address Used property depreciated under MACRS with a recovery period of 20 years or less. State tax mailing address See Can You Use MACRS To Depreciate Your Property and Which Recovery Period Applies? on pages 7 and 23, respectively, in Publication 946. State tax mailing address Used water utility property. State tax mailing address See 25-year property on page 22 in Publication 946. State tax mailing address Used computer software that is not a section 197 intangible as described in Computer software on page 5 in Publication 946. State tax mailing address (The cost of some computer software is treated as part of the cost of hardware and is depreciated under MACRS. State tax mailing address ) Certain nonresidential real property and residential rental property (defined later). State tax mailing address It meets the following tests (explained later under Tests to be met). State tax mailing address Acquisition date test. State tax mailing address Placed in service date test. State tax mailing address Substantial use test. State tax mailing address Original use test. State tax mailing address It is not excepted property (explained later under Excepted property). State tax mailing address Nonresidential real property and residential rental property. State tax mailing address   This property is qualifying property only to the extent it rehabilitates real property damaged, or replaces real property destroyed or condemned, as a result of the terrorist attack of September 11, 2001. State tax mailing address Property is treated as replacing destroyed or condemned property if, as part of an integrated plan, such property replaces real property included in a continuous area that includes real property destroyed or condemned. State tax mailing address   For these purposes, real property is considered destroyed (or condemned) only if an entire building or structure was destroyed (or condemned) as a result of the terrorist attack. State tax mailing address Otherwise, the property is considered damaged real property. State tax mailing address For example, if certain structural components of a building (such as walls, floors, or plumbing fixtures) are damaged or destroyed as a result of the terrorist attack, but the building is not destroyed (or condemned), then only costs related to replacing the damaged or destroyed structural components qualify for the special Liberty Zone depreciation allowance. State tax mailing address Tests to be met. State tax mailing address   To qualify for the special Liberty Zone depreciation allowance, your property must meet all of the following tests. State tax mailing address Acquisition date test. State tax mailing address   You must have acquired the property by purchase after September 10, 2001, and there must not have been a binding written contract for the acquisition in effect before September 11, 2001. State tax mailing address   For information on the acquisition of property by purchase, see Property Acquired by Purchase on page 15 of Publication 946. State tax mailing address   Property you manufacture, construct, or produce for your own use meets this test if you began the manufacture, construction, or production of the property after September 10, 2001. State tax mailing address Placed in service date test. State tax mailing address   Generally, the property must be placed in service for use in your trade or business or for the production of income before January 1, 2007 (January 1, 2010, in the case of qualifying nonresidential real property and residential rental property). State tax mailing address   If you sold property you placed in service after September 10, 2001, and you leased it back within 3 months after the property was originally placed in service, the property is treated as placed in service no earlier than the date it is used under the leaseback. State tax mailing address Substantial use test. State tax mailing address   Substantially all use of the property must be in the Liberty Zone and in the active conduct of your trade or business in the Liberty Zone. State tax mailing address Original use test. State tax mailing address   The original use of the property in the Liberty Zone must have begun with you after September 10, 2001. State tax mailing address   Used property can be qualified Liberty Zone property if it has not previously been used within the Liberty Zone. State tax mailing address Also, additional capital expenditures you incurred after September 10, 2001, to recondition or rebuild your property meet the original use test if the original use of the property in the Liberty Zone began with you. State tax mailing address Excepted property. State tax mailing address   The following property does not qualify for the special Liberty Zone depreciation allowance. State tax mailing address Property eligible for the special depreciation allowance explained earlier in Qualified Property under Special Depreciation Allowance. State tax mailing address Property required to be depreciated using ADS. State tax mailing address This includes listed property used 50% or less in a qualified business use. State tax mailing address Qualified New York Liberty Zone leasehold improvement property (defined earlier in Excepted Property under Special Depreciation Allowance). State tax mailing address Example. State tax mailing address In December 2001, you bought and placed in service in your business in the Liberty Zone the following property. State tax mailing address New office furniture with a MACRS recovery period of 7 years. State tax mailing address A used computer with a MACRS recovery period of 5 years. State tax mailing address The computer had not previously been used within the Liberty Zone. State tax mailing address Because the office furniture is new property, it qualifies for the special depreciation allowance, but not the special Liberty Zone depreciation allowance. State tax mailing address Because the computer is used property that had not previously been used in the Liberty Zone, it qualifies for the special Liberty Zone depreciation allowance, but not the special depreciation allowance. State tax mailing address Election Not To Claim the Liberty Zone Allowance You can elect not to claim the special Liberty Zone depreciation allowance for qualified property. State tax mailing address If you make this election for any property, it applies to all property in the same property class placed in service during the year. State tax mailing address To make this election, attach a statement to your return indicating you elect not to claim the allowance and the class of property for which you are making the election. State tax mailing address When to make the election. State tax mailing address   Generally, you must make the election on a timely filed tax return (including extensions) for the year in which you place the property in service. State tax mailing address   However, if you timely filed your return for the year without making the election, you can still make the election by filing an amended return within 6 months of the due date of the original return (not including extensions). State tax mailing address Attach the election statement to the amended return. State tax mailing address At the top of the election statement, write “Filed pursuant to section 301. State tax mailing address 9100–2. State tax mailing address ” Revoking an election. State tax mailing address   Once you elect not to deduct the special Liberty Zone depreciation allowance for a class of property, you cannot revoke the election without IRS consent. State tax mailing address A request to revoke the election is subject to a user fee. State tax mailing address Returns filed before June 1, 2002. State tax mailing address   The rules that apply to the special depreciation allowance discussed earlier in Rules for Returns Filed Before June 1, 2002 under Special Depreciation Allowance also apply to the special Liberty Zone depreciation allowance. State tax mailing address Increased Section 179 Deduction Under section 179 of the Internal Revenue Code, you can choose to recover all or part of the cost of certain qualifying property, up to a limit, by deducting it in the year you place the property in service. State tax mailing address For tax years beginning in 2000, that limit was $20,000. State tax mailing address For tax years beginning in 2001 and 2002, that limit is generally $24,000. State tax mailing address If the cost of qualifying section 179 property placed in service in a year is over $200,000, you must reduce the dollar limit (but not below zero) by the amount of the cost over $200,000. State tax mailing address Increased Dollar Limit The dollar limit on the section 179 deduction is increased for certain property placed in service in the Liberty Zone. State tax mailing address The increase is the smaller of the following amounts. State tax mailing address $35,000. State tax mailing address The cost of section 179 property that is qualified Liberty Zone property placed in service during the year. State tax mailing address If you use the revised 2001 Form 4562 (dated March 2002) for a tax year beginning in 2000, you must reduce the section 179 dollar limit to $20,000 before adding the additional amount for qualified property. State tax mailing address Qualified property. State tax mailing address   To qualify for the increased section 179 deduction, your property must be section 179 property that is either: Qualified Liberty Zone property, or Property that would be qualified Liberty Zone property except that it is eligible for the special depreciation allowance. State tax mailing address Qualified Liberty Zone property is explained earlier in Qualified Liberty Zone Property under Special Liberty Zone Depreciation Allowance. State tax mailing address Property eligible for the special depreciation allowance is explained earlier in Qualified Property under Special Depreciation Allowance. State tax mailing address For information on the requirements that must be met for property to qualify for the section 179 deduction, see What Property Qualifies? on page 14 of Publication 946. State tax mailing address Example 1. State tax mailing address In 2002, you place in service in your business, which is in the Liberty Zone, qualified property (defined earlier) costing $25,000. State tax mailing address Because this cost is less than $35,000, the dollar limit on the section 179 deduction is increased by $25,000 to $49,000 ($24,000 + $25,000). State tax mailing address Example 2. State tax mailing address In 2002, you place in service in your business, which is in the Liberty Zone, qualified property (defined earlier) costing $75,000. State tax mailing address Because $35,000 is less than the cost of the property you place in service, the dollar limit on the section 179 deduction you can claim is increased by $35,000 to $59,000 ($24,000 + $35,000). State tax mailing address Reduced Dollar Limit Generally, you must reduce the dollar limit for a year by the cost of qualifying section 179 property placed in service in the year that is more than $200,000. State tax mailing address However, if the cost of your Liberty Zone property exceeds $200,000, you take into account only 50% (instead of 100%) of the cost of qualified property placed in service in a year. State tax mailing address Example. State tax mailing address In 2002, you place in service in your business, which is in the Liberty Zone, qualified property costing $460,000. State tax mailing address Your increased dollar limit is $59,000 ($35,000 + $24,000). State tax mailing address Because 50% of the cost of the property you place in service ($230,000) is $30,000 more than $200,000, you must reduce your $59,000 dollar limit to $29,000 ($59,000 - $30,000). State tax mailing address Recapture Rules Rules similar to those explained on page 20 of Publication 946 under When Must You Recapture the Deduction? apply with respect to any qualified property you stop using in the Liberty Zone. State tax mailing address Returns Filed Before June 1, 2002 If you filed a return before June 1, 2002, and did not deduct the increased section 179 amount for qualified property placed in service after September 10, 2001, you can deduct the increased amount by filing an amended return by the due date (not including extensions) of the return for the year after the year the property was placed in service. State tax mailing address This rule applies to returns for the following years. State tax mailing address 2000 fiscal years that end after September 10, 2001. State tax mailing address 2001 calendar and fiscal years. State tax mailing address On the amended return, write “Filed Pursuant to Rev. State tax mailing address Proc. State tax mailing address 2002–33. State tax mailing address ” Liberty Zone Leasehold Improvement Property Qualified Liberty Zone leasehold improvement property (described earlier in Qualified Property under Special Depreciation Allowance) is 5-year property. State tax mailing address This means that it is depreciated over a recovery period of 5 years. State tax mailing address For information about recovery periods, see Which Recovery Period Applies? on page 23 of Publication 946. State tax mailing address The straight-line method must be used with respect to qualified Liberty Zone leasehold improvement property. State tax mailing address Under ADS, the recovery period for qualified Liberty Zone leasehold improvement property is 9 years. State tax mailing address Returns Filed Before June 1, 2002 If you filed either of the following returns before June 1, 2002, and did not depreciate qualified Liberty Zone leasehold improvement property placed in service during the tax year as 5-year property using the straight line method, you should file an amended return before you file your return for the year after the year the property was placed in service. State tax mailing address Your 2000 fiscal year return (for a 2000 fiscal year that ends after September 10, 2001). State tax mailing address Your 2001 calendar or fiscal year return. State tax mailing address On the amended return, write “Filed Pursuant to Rev. State tax mailing address Proc. State tax mailing address 2002–33. State tax mailing address ” Table 2. State tax mailing address Rules for Returns Filed Before June 1, 2002 Note:This chart highlights the rules for returns affected by the Job Creation and Worker Assistance Act of 2002 that were filed before June 1, 2002, without accounting for any of the new benefits under the law. State tax mailing address See the text for definitions and examples. State tax mailing address Do not rely on this chart alone. State tax mailing address IF you want to. State tax mailing address . State tax mailing address . State tax mailing address THEN you. State tax mailing address . State tax mailing address . State tax mailing address BY. State tax mailing address . State tax mailing address . State tax mailing address claim the special depreciation allowance or special Liberty Zone depreciation allowance • must file an amended return • the due date (not including extensions) of your return for the year after the year the property was placed in service, or • must file Form 3115, Application for Change in Accounting Method, with your return for the year after the year the property was placed in service • the due date (including extensions) of your return for the year after the year the property was placed in service, and • must file a copy of your completed Form 3115 with the IRS National Office • the date you file the original Form 3115 with your return for the year after the year the property was placed in service. State tax mailing address elect not to claim the special depreciation allowance or the special Liberty Zone depreciation allowance 1 • must have filed your return timely for the year the property was placed in service, and   • must file an amended return stating you are not claiming the allowance • the date that is 6 months after the due date of the original return (not including extensions). State tax mailing address deduct the increased section 179 amount • must file an amended return • the due date (not including extensions) of your return for the year after the year the property was placed in service. State tax mailing address use a 5-year recovery period for depreciating qualified Liberty Zone leasehold improvement property • should file an amended return • the date you file your return for the year after the year the property was placed in service. State tax mailing address 1See also Deemed election under Rules for Returns Filed Before June 1, 2002, earlier. State tax mailing address Prev  Up  Next   Home   More Online Publications
Español

U.S. Department of Health and Human Services (HHS)

The Department of Health and Human Services protects the health of all Americans and provides essential human services.

The State Tax Mailing Address

State tax mailing address Index A Adjusted gross income (AGI) Income limits for, Income Limits Age Age 65, Age 65. State tax mailing address Mandatory retirement age, Payments that are not disability income. State tax mailing address Assistance (see Tax help) C Citizenship requirement, U. State tax mailing address S. State tax mailing address Citizen or Resident Alien Credit figured by IRS, Credit Figured for You Credit figured for you, Credit Figured for You D Disability benefits Nontaxable by law, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Disability income, Disability income. State tax mailing address Disability, permanent and total disability, Qualified Individual, Permanent and total disability. State tax mailing address E Eligibility for credit, Are You Eligible for the Credit? Employer's accident or health plans or pension plans Disability income from, Disability income. State tax mailing address Excess adjusted gross income, Step 3. State tax mailing address Determine Excess Adjusted Gross Income F Figuring the credit yourself, Figuring the Credit Yourself Determine excess AGI, Step 3. State tax mailing address Determine Excess Adjusted Gross Income Determine initial amount, Step 1. State tax mailing address Determine Initial Amount Determine the credit, Step 5. State tax mailing address Determine Your Credit Determine the total of steps 2 and 3, Step 4. State tax mailing address Determine the Total of Steps 2 and 3 Total certain nontaxable pensions and benefits, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Foreign military service Pension, annuity, or disability benefit from, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Foreign Service Pension, annuity, or disability benefit from, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Form RRB-1099 Payments by Railroad Retirement Board, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Form SSA-1099 Social security benefit statement, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Free tax services, Free help with your tax return. State tax mailing address H Head of household, Head of household. State tax mailing address Help (see Tax help) I Income limits, Income Limits Initial amounts for persons under age 65, Initial amounts for persons under age 65. State tax mailing address J Joint returns, Married Persons L Limit on credit, Limit on credit. State tax mailing address Lump-sum payments Accrued annual leave, Payments that are not disability income. State tax mailing address Death benefits paid to surviving spouse or child, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits M Mandatory retirement age, Payments that are not disability income. State tax mailing address Married taxpayers, Married Persons Mentally incompetent persons Sheltered employment for, Sheltered employment. State tax mailing address Missing children Photographs of, Reminders N National Oceanic and Atmospheric Administration Pension, annuity, or disability benefit from, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Nonresident aliens, Exceptions. State tax mailing address Nontaxable payments, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits O Out of work, Substantial gainful activity. State tax mailing address P Pension or annuity payments Nontaxable by law, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Permanent and total disability, Qualified Individual, Permanent and total disability. State tax mailing address Physician certification, Permanent and total disability. State tax mailing address , Physician's statement. State tax mailing address Public Health Service Pension, annuity, or disability benefit from, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Publications (see Tax help) Q Qualified individual, Qualified Individual Age 65 or older, Qualified Individual Under age 65 and retired on permanent and total disability, Qualified Individual, Under Age 65 R Residence requirement, U. State tax mailing address S. State tax mailing address Citizen or Resident Alien S Schedule R, Credit Figured for You, Figuring the Credit Yourself, , Examples Sheltered employment, Sheltered employment. State tax mailing address Social security payments, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Substantial gainful activity, Substantial gainful activity. State tax mailing address T Tables and figures Figure A, Qualified individual determination, Substantial gainful activity. State tax mailing address Table 1, Income limits, Substantial gainful activity. State tax mailing address , Table 1. State tax mailing address Income Limits Table 2, Initial amounts, Table 2. State tax mailing address Initial Amounts Tax help, How To Get Tax Help TTY/TDD information, How To Get Tax Help U U. State tax mailing address S. State tax mailing address citizens and resident aliens, U. State tax mailing address S. State tax mailing address Citizen or Resident Alien V VA Form 21-0172 Certification of permanent and total disability, Veterans. State tax mailing address Veterans Certification by VA of permanent and total disability, Veterans. State tax mailing address Exclusion of nontaxable pension or annuity payment or disability benefits, Step 2. State tax mailing address Total Certain Nontaxable Pensions and Benefits Prev  Up     Home   More Online Publications