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

Tax Forms 1040 Ez

Free File Taxes 2011Tax Forms Download Ez 10402011 Tax Return FormAmend My Taxes OnlineFederal Tax SoftwareEasy 1040Hr Block 2011 Tax SoftwareFree Tax Forms 20111040 Tax FormsFiling 1040x InstructionsHow To Fill Out A 1040x Form For The Irs2012 Tax Forms 1040 InstructionsCheapest State Tax ReturnI Didn T File My 2012 TaxesTurbotax Business Fed E File 2012Irs Federal Tax Tables 2012Do I Have To File State TaxesState 1040ez Tax FormFree State Tax FilingMilitary Tax DeductionFile 2012 TaxFree Online Tax Filing1040ez 2014Income TaxState Unemployment TaxCan You File 1040x OnlineHr Block Free File1040 FormAmended Tax Return FormHr Block Free TaxFree Online State Tax PreparationFiling Taxes For 2012 Late2011 1040 Form1040 Ez Tax Form 2012How To File 2011 Taxes In 2013Irs Forms2011State Income Tax FilingFile For 2011 TaxesAmending Tax ReturnWww Myfreetaxes Com Unitedwayhoco Org

Tax Forms 1040 Ez

Tax forms 1040 ez 16. Tax forms 1040 ez   Cómo Declarar Ganancias y Pérdidas Table of Contents Qué Hay de Nuevo Introduction Useful Items - You may want to see: Cómo Declarar Ganancias y Pérdidas de CapitalExcepción 1. Tax forms 1040 ez Excepción 2. Tax forms 1040 ez Presente el Formulario 1099-B o el Formulario 1099-S al IRS. Tax forms 1040 ez Pérdidas de Capital Tasas Impositivas sobre Ganancias de Capital Qué Hay de Nuevo Tasas máximas de ganancias de capital. Tax forms 1040 ez  Para el año 2013, las tasas máximas de ganancias de capital son del 0%, 15%, 20%, 25% y 28%. Tax forms 1040 ez Introduction En este capítulo se explica cómo declarar ganancias y pérdidas de capital provenientes de ventas, intercambios y otras enajenaciones de bienes de inversión en el Formulario 8949 y el Anexo D (Formulario 1040). Tax forms 1040 ez Esta explicación abarca los siguientes temas: Cómo declarar ganancias y pérdidas a corto plazo. Tax forms 1040 ez Cómo declarar ganancias y pérdidas a largo plazo. Tax forms 1040 ez Cómo calcular pérdidas de capital que se van a trasladar al año siguiente. Tax forms 1040 ez Cómo calcular los impuestos sobre una ganancia neta de capital. Tax forms 1040 ez Si vende o de otro modo enajena bienes utilizados en una ocupación o negocio o en la producción de ingresos, vea la Publicación 544, Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés, antes de completar el Anexo D (Formulario 1040). Tax forms 1040 ez Useful Items - You may want to see: Publicación 537 Installment Sales (Ventas a plazos), en inglés 544 Sales and Other Dispositions of Assets (Ventas y otras enajenaciones de activos), en inglés 550 Investment Income and Expenses (Ingresos y gastos de inversión), en inglés Formulario (e Instrucciones) 4797 Sales of Business Property (Ventas de bienes comerciales), en inglés 6252 Installment Sale Income (Ingresos de ventas a plazos), en inglés 8582 Passive Activity Loss Limitations (Limitaciones de pérdidas en actividades pasivas), en inglés 8949 Sales and Other Dispositions of Capital Assets (Ventas y otras enajenaciones de activos de capital, en inglés) Anexo D (Formulario 1040) Capital Gains and Losses (Ganancias y pérdidas de capital), en inglés Cómo Declarar Ganancias y Pérdidas de Capital Declare sus ganancias y pérdidas de capital en el Formulario 8949. Tax forms 1040 ez Complete el Formulario 8949 antes de completar las líneas 1b, 2, 3, 8b, 9 ó 10 del Anexo D (Formulario 1040). Tax forms 1040 ez Use el Formulario 8949 para declarar: La venta o intercambio de un activo de capital, la cual no se declaró en ningún otro formulario o anexo, Ganancias por canjes involuntarios (aparte de cuando se deba a un hecho fortuito o un robo) de activos de capital que no sirven para propósitos de negocio o lucro y Deudas incobrables que no provienen del negocio. Tax forms 1040 ez Use el Anexo D (Formulario 1040): Para calcular la ganancia o pérdida total de las transacciones declaradas en el Formulario 8949; Para declarar una ganancia proveniente del Formulario 6252 o de la Parte I del Formulario 4797; Para declarar una ganancia o pérdida proveniente del Formulario 4684, 6781 u 8824; Para declarar distribuciones de ganancias de capital no declaradas directamente en el Formulario 1040 o en el Formulario 1040A; Para declarar una pérdida de capital trasladada del año tributario anterior al año tributario actual; Para declarar su parte de una ganancia (o pérdida) de una sociedad colectiva, sociedad anónima de tipo S, caudal hereditario o fideicomiso; Para declarar las transacciones informadas a usted en el Formulario 1099-B (o documento sustitutivo), el cual muestra las bases informadas al IRS y al cual no corresponde ninguno de los ajustes o códigos del Formulario 8949; y Para declarar ganancias de capital a largo plazo no distribuidas provenientes del Formulario 2439. Tax forms 1040 ez Anote en el Formulario 8949 todas las ventas e intercambios de activos de capital (incluyendo acciones, bonos, etc. Tax forms 1040 ez ) y de bienes raíces (si no se declararon en el Formulario 4684, 4797, 6252, 6781 u 8824 o la línea 1a u 8a del Anexo D). Tax forms 1040 ez Declare estas transacciones aun si usted no recibió un Formulario 1099-B o 1099-S (u otra declaración sustitutiva) para la transacción. Tax forms 1040 ez Declare las ganancias o pérdidas a corto plazo en la Parte I. Tax forms 1040 ez Declare ganancias y pérdidas a largo plazo en la Parte II. Tax forms 1040 ez Use cuantos Formularios 8949 sean necesarios. Tax forms 1040 ez Excepciones a la presentación del Formulario 8949 y el Anexo D (Formulario 1040). Tax forms 1040 ez   Hay ciertas circunstancias bajo las cuales usted tal vez no tenga que presentar el Formulario 8949 ni el Anexo D (Formulario 1040). Tax forms 1040 ez Excepción 1. Tax forms 1040 ez   Usted no tiene que presentar el Formulario 8949 ni el Anexo D (Formulario 1040) si no tiene pérdidas de capital y sus únicas ganancias de capital son distribuciones de ganancia de capital correspondientes al (los) recuadro(s) 2a del (de los) Formulario(s) 1099-DIV (o declaraciones sustitutivas). Tax forms 1040 ez (Si alguno de los Formularios 1099-DIV (o declaraciones sustitutivas) que usted recibe indica una cifra en el recuadro 2b (ganancias no recuperadas conforme a la sección 1250), el recuadro 2c (ganancias conforme a la sección 1202) o el recuadro 2d (ganancias (tasas de 28%) por la venta de objetos coleccionables, usted no reúne los requisitos para esta excepción). Tax forms 1040 ez Si reúne los requisitos para esta excepción, declare sus distribuciones de ganancia de capital directamente en la línea 13 del Formulario 1040 y marque el recuadro en la línea 13. Tax forms 1040 ez También debe utillizar la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para impuestos sobre dividendos y ganancias de capital), que encontrará en las Instrucciones del Formulario 1040, para calcular su impuesto. Tax forms 1040 ez Usted pede declarar sus distribuciones de ganancias de capital en la línea 10 del Formulario 1040A, en vez del Formulario 1040, si ninguno de los Formularios 1099-DIV (o declaraciones sustitutivas) que usted recibió indica una cifra en los recuadros 2b, 2c o 2d y usted no tiene que presentar el Formulario 1040. Tax forms 1040 ez Excepción 2. Tax forms 1040 ez   Usted tiene que presentar el Anexo D (Formulario 1040), pero por lo general no tiene que presentar el Formulario 8949 si la Excepción 1 no le corresponde y sus únicas ganancias y pérdidas de capital son: Distribuciones de ganancias de capital; Una pérdida de capital trasladada de un año anterior; Una ganancia correspondiente al Formulario 2439 ó 6252, o de la Parte I del Formulario 4797; Una ganancia o pérdida correspondiente al Formulario 4684, 6781 u 8824; Una ganancia o pérdida de una sociedad colectiva, sociedad anónima de tipo S, un caudal hereditario o fideicomiso; Ganancias y pérdidas de transacciones por las cuales usted recibió el Formulario 1099-B (o un documento sustitutivo), el cual muestra las bases informadas al IRS y por lo cual no necesita hacer ningún ajuste en la columna (g) del Formulario 8949 ni anotar ningún código en la columna (f) del Formulario 8949. Tax forms 1040 ez Ventas a plazos. Tax forms 1040 ez   No puede utilizar el método de pago a plazos para declarar una ganancia proveniente de la venta de acciones o valores bursátiles cotizados en un mercado de valores bursátiles establecido. Tax forms 1040 ez Tiene que declarar la totalidad de la ganancia en el año de la venta (el año en el que ocurra la fecha de canje). Tax forms 1040 ez Ganancias y pérdidas provenientes de una actividad pasiva. Tax forms 1040 ez    Si tiene pérdidas o ganancias provenientes de una actividad pasiva, es posible que tenga que declararlas también en el Formulario 8582. Tax forms 1040 ez En ciertos casos, la pérdida puede ser limitada conforme a las reglas de actividad pasiva. Tax forms 1040 ez Consulte el Formulario 8582 y sus instrucciones correspondientes por separado para obtener información adicional sobre la declaración de ganancias y pérdidas de capital producto de una actividad pasiva. Tax forms 1040 ez Transacciones que se declaran en el Formulario 1099-B. Tax forms 1040 ez   Si vendió bienes, como acciones, bonos o ciertos productos de consumo bursátiles, a través de un agente corredor bursátil, éste debe entregarle un Formulario 1099-B o documento sustitutivo. Tax forms 1040 ez Utilice el Formulario 1099-B o el documento sustitutivo para completar el Formulario 8949. Tax forms 1040 ez Si usted vendió un valor bursátil garantizado en 2013, su agente corredor bursátil le mandará un Formulario 1099-B (o declaración sustitutiva) que le indica la base. Tax forms 1040 ez Esto le ayudará a completar el Formulario 8949. Tax forms 1040 ez Por lo general, los valores bursátiles garantizados son aquéllos que usted adquirió después del año 2010. Tax forms 1040 ez   Declare las ganancias brutas que aparezcan en el recuadro 2a del Formulario 1099-B como el precio de venta en la columna (d) de la Parte I o la Parte II del Formulario 8949, según le corresponda a su caso. Tax forms 1040 ez No obstante, si el agente corredor bursátil indica, en el recuadro 2a del Formulario 1099-B, haber declarado al IRS las ganancias brutas (precio de venta) menos comisiones y primas de opciones, anote el precio neto de venta resultante en la columna (d) de la Parte I o de la Parte II del Formulario 8949, según le corresponda a su caso. Tax forms 1040 ez   Incluya en la columna (g) todo gasto de venta, tal como honorarios de agente corredor bursátil, comisiones, impuestos de traspaso locales y estatales y primas de opciones, a menos que usted haya declarado el precio neto de venta en la columna (d). Tax forms 1040 ez Si incluye un gasto de venta en la columna (g), anote “E” en la columna (f). Tax forms 1040 ez Transacciones que se declaran en el Formulario 1099-CAP. Tax forms 1040 ez   Si es dueño de acciones de una sociedad anónima en cuyo control o estructura de capital haya habido cambios importantes, dicha sociedad debe enviarle el Formulario 1099-CAP o documento sustitutivo. Tax forms 1040 ez Utilice el Formulario 1099-CAP o documento sustitutivo para completar el Formulario 8949. Tax forms 1040 ez Si sus cálculos indican que, debido al cambio, usted tendría una pérdida, no anote ninguna cantidad en el Formulario 8949 ni en el Anexo D (Formulario 1040). Tax forms 1040 ez Esta transacción no le da la posibilidad de declarar una pérdida en el Anexo D (Formulario 1040). Tax forms 1040 ez   Declare el total de la cantidad recibida indicado en el recuadro 2 del Formulario 1099-CAP como el precio de venta en la columna (d) de la Parte I o de la Parte II del Formulario 8949, según le corresponda a su caso. Tax forms 1040 ez Transacciones que se declaran en el Formulario 1099-S. Tax forms 1040 ez   Si vendió o canjeó bienes raíces que han de declararse, normalmente la persona encargada de comunicar transacciones de bienes raíces debe entregarle un Formulario 1099-S en el que se indiquen las ganancias brutas. Tax forms 1040 ez    “Bienes raíces que han de declararse” son toda participación en una propiedad actual o futura en cualesquiera de los siguientes casos: Terrenos con o sin mejoras, incluido el espacio aéreo; Estructuras intrínsecamente permanentes, incluido todo edificio residencial, comercial o industrial; Una unidad de condominio y sus instalaciones accesorias y elementos comunes, incluido el terreno; y Acciones de cooperativa de viviendas en sociedad anónima (como se define en la sección 216 del Código de Impuestos Internos). Tax forms 1040 ez   Una “persona encargada de comunicar transacciones de bienes raíces” puede ser el abogado del comprador, el abogado de usted, una compañía de escrituras de propiedad o de cuentas en depósito, un prestamista hipotecario, el agente corredor bursátil de usted, el agente corredor bursátil del comprador o la persona que adquiera la mayor participación en la propiedad. Tax forms 1040 ez   El Formulario 1099-S indicará las ganancias brutas de la venta o el intercambio en el recuadro 2. Tax forms 1040 ez Consulte las Instrucciones para el Formulario 8949 y las Instrucciones para el Anexo D (Formulario 1040) para saber cómo se declaran estas transacciones e incluirlas en la Parte I o Parte II del Formulario 8949, tal como le corresponda a su caso. Tax forms 1040 ez No obstante, declare los intercambios por bienes del mismo tipo en el Formulario 8824. Tax forms 1040 ez   Es ilegal que una persona encargada de comunicar transacciones de bienes raíces le cobre un cargo por separado por cumplir con el requisito de presentación del Formulario 1099-S. Tax forms 1040 ez Nominatarios. Tax forms 1040 ez   Si recibe ganancias brutas como nominatario (es decir, las ganancias brutas están a nombre suyo pero en realidad pertenecen a otra persona), vea las Instrucciones para el Formulario 8949, para saber cómo declarar estas cantidades en el Formulario 8949. Tax forms 1040 ez Presente el Formulario 1099-B o el Formulario 1099-S al IRS. Tax forms 1040 ez   Si recibió ganancias brutas en calidad de nominatario en 2013, tiene que presentar al IRS el Formulario 1099-B o el Formulario 1099-S correspondiente a dichas ganancias. Tax forms 1040 ez Envíe el Formulario 1099-B o el Formulario 1099-S junto con el Formulario 1096, Annual Summary and Transmittal of U. Tax forms 1040 ez S. Tax forms 1040 ez Information Returns (Resumen e informe anual de declaraciones informativas de los Estados Unidos), en inglés, al Centro de Servicio del Servicio de Impuestos Internos que le corresponda a más tardar el 28 de febrero de 2014 (31 de marzo de 2014, si presenta el Formulario 1099-B o el Formulario 1099-S por vía electrónica). Tax forms 1040 ez Entregue la Copia B del Formulario 1099-B o del Formulario 1099-S al verdadero dueño de dichas ganancias a más tardar el 18 de febrero de 2014. Tax forms 1040 ez En el Formulario 1099-B, usted debe constar como “Payer” (Pagador). Tax forms 1040 ez El otro dueño debe constar como “Recipient” (Destinatario). Tax forms 1040 ez En el Formulario 1099-S, usted debe constar como “Filer” (Declarante). Tax forms 1040 ez El otro dueño debe constar como “Transferor” (Cesionista). Tax forms 1040 ez No obstante, usted no tiene que presentar el Formulario 1099-B ni el Formulario 1099-S para mostrar las ganancias de su cónyuge. Tax forms 1040 ez Para más información acerca de los requisitos de presentación de ciertas declaraciones informativas y las multas por no presentar (o facilitar) dichas declaraciones, vea las General Instructions for Certain Information Returns (Instrucciones generales para determinadas declaraciones informativas), en inglés. Tax forms 1040 ez Si presenta la declaración electrónicamente, vea la Publicación 1220, en inglés. Tax forms 1040 ez Venta de bienes comprados en diferentes ocasiones. Tax forms 1040 ez   Si vende un paquete de acciones u otros bienes que haya comprado en diferentes ocasiones, declare la pérdida o ganancia a corto plazo procedente de la venta en una fila de la Parte I del Formulario 8949 y anote la pérdida o ganancia a largo plazo en una fila de la Parte II del Formulario 8949. Tax forms 1040 ez Escriba “Various” (Varios) en la columna (b) para la “Date acquired” (Fecha de adquisición). Tax forms 1040 ez Gastos de venta. Tax forms 1040 ez    En la columna (g) del Formulario 8949, incluya todo gasto de venta, como honorarios de agentes corredores bursátiles, comisiones, impuestos estatales y locales sobre traspasos y primas de opciones, a menos que usted haya declarado el precio neto de ventas en la columna (d). Tax forms 1040 ez Si usted incluyó un gasto de venta en la columna (g), anote “E” en la columna (f). Tax forms 1040 ez   Para más información sobre los ajustes a la base, vea el capítulo 13. Tax forms 1040 ez Ganancias y pérdidas a corto plazo. Tax forms 1040 ez   Las ganancias o pérdidas de capital sobre la venta o canje de bienes de inversión que haya tenido por 1 año o menos se consideran pérdidas o ganancias de capital a corto plazo. Tax forms 1040 ez Declárelas en la Parte I del Formulario 8949. Tax forms 1040 ez   Sume su parte de pérdidas o ganancias de capital a corto plazo provenientes de sociedades colectivas, sociedades anónimas de tipo S, caudales hereditarios y fideicomisos, además de toda pérdida de capital a corto plazo que se haya trasladado de un año anterior, con las demás ganancias y pérdidas de capital a corto plazo para calcular la pérdida o ganancia de capital neta a corto plazo en la línea 7 del Anexo D (Formulario 1040). Tax forms 1040 ez Ganancias y pérdidas a largo plazo. Tax forms 1040 ez    Una ganancia o pérdida de capital sobre la venta o canje de bienes de inversión que haya tenido durante más de 1 año se considera ganancia o pérdida de capital a largo plazo. Tax forms 1040 ez Declárela en la Parte II del Formulario 8949. Tax forms 1040 ez   Usted debe declarar lo siguiente en la Parte II del Anexo D (Formulario 1040): Ganancias de capital a largo plazo de un fondo mutuo (u otra sociedad inversionista reglamentada) o de una sociedad de inversión inmobiliaria (REIT, por sus siglas en inglés) que no hayan sido distribuidas; Su participación de las ganancias y pérdidas de capital a largo plazo de sociedades colectivas, sociedades anónimas de tipo S, caudales hereditarios y fideicomisos; Toda distribución de ganancia de capital proveniente de fondos mutuos y sociedades de inversión inmobiliaria (REIT) que no se haya declarado directamente en la línea 10 del Formulario 1040A o la línea 13 del Formulario 1040; y Pérdidas de capital a largo plazo trasladadas de un año anterior. Tax forms 1040 ez    El resultado que se dé después de sumar dichas cantidades con las demás ganancias de capital a largo plazo y restar las pérdidas de capital a largo plazo es la ganancia o pérdida de capital neta a largo plazo (línea 15 del Anexo D (Formulario 1040)). Tax forms 1040 ez Total de la ganancia o pérdida neta. Tax forms 1040 ez   Para calcular el total de la ganancia o pérdida neta, sume la ganancia o pérdida de capital neta a corto plazo (línea 7 del Anexo D (Formulario 1040)) con la pérdida o ganancia de capital neta a largo plazo (línea 15 del Anexo D (Formulario 1040)). Tax forms 1040 ez Anote el resultado en la línea 16 de la Parte III del Anexo D (Formulario 1040). Tax forms 1040 ez Si tiene pérdidas que sobrepasen las ganancias, vea Pérdidas de Capital , que se encuentra a continuación. Tax forms 1040 ez Si las líneas 15 y 16 del Anexo D (Formulario 1040) son ganancias y el ingreso sujeto a impuestos en su Formulario 1040 es mayor de cero, vea Tasas Impositivas sobre Ganancias de Capital , más adelante. Tax forms 1040 ez Pérdidas de Capital Si las pérdidas de capital son mayores que las ganancias de capital, se puede declarar una deducción por pérdida de capital. Tax forms 1040 ez Declare la cantidad de la deducción en la línea 13 del Formulario 1040, anotándola entre paréntesis. Tax forms 1040 ez Límite sobre la deducción. Tax forms 1040 ez   La deducción por ganancia de capital permisible, calculada en el Anexo D (Formulario 1040), es la cantidad que sea menor de las siguientes: $3,000 ($1,500 si es casado y presenta una declaración por separado) o El total de la pérdida neta tal como aparece en la línea 16 del Anexo D (Formulario 1040). Tax forms 1040 ez   Puede usar el total de la pérdida neta para reducir sus ingresos en una cantidad equivalente, hasta el límite de $3,000. Tax forms 1040 ez Traslado de pérdida de capital. Tax forms 1040 ez   Si el total de la pérdida neta en la línea 16 del Anexo D (Formulario 1040) sobrepasa el límite anual de las deducciones de pérdida de capital, puede trasladar al año siguiente la parte sobrante y tratarla como si hubiera incurrido en la misma durante ese próximo año. Tax forms 1040 ez Si una parte de la pérdida sigue sin usarse, puede trasladarla a años posteriores hasta que se agote. Tax forms 1040 ez   Cuando calcule una cantidad de pérdida de capital que se trasladará al año siguiente, tiene que tener en cuenta la deducción permisible del año en curso, la haya reclamado o no, e independientemente de si presentó o no una declaración correspondiente al año en curso. Tax forms 1040 ez   Cuando traslade una pérdida a un año posterior, ésta sigue siendo una pérdida a largo plazo o corto plazo. Tax forms 1040 ez Una pérdida de capital a largo plazo que usted traslade al año tributario siguiente reducirá las ganancias de capital a largo plazo de dicho año antes de reducir las ganancias de capital a corto plazo de dicho año. Tax forms 1040 ez Cálculo de la cantidad trasladada al año siguiente. Tax forms 1040 ez   La cantidad de la pérdida de capital a trasladarse al año siguiente es la cantidad de pérdida neta total que sea mayor que la cantidad menor entre: La deducción por pérdida de capital permisible durante el año o Sus ingresos sujetos a impuestos aumentados por la deducción por pérdida de capital permisible durante el año y la deducción por exenciones personales. Tax forms 1040 ez   Si las deducciones son mayores que sus ingresos brutos del año tributario, utilice los ingresos negativos sujetos a impuestos al calcular la cantidad en el punto (2). Tax forms 1040 ez    Complete la Capital Loss Carryover Worksheet (Hoja de trabajo para calcular la pérdida de capital a trasladarse a años posteriores) en las Instrucciones del Anexo D o la Publicación 550, en inglés, para calcular la parte de la pérdida de capital que se pueda trasladar. Tax forms 1040 ez Ejemplo. Tax forms 1040 ez Roberto y Gloria vendieron valores bursátiles en 2013. Tax forms 1040 ez Las ventas dieron por resultado una pérdida de capital de $7,000. Tax forms 1040 ez No hicieron otras transacciones de capital. Tax forms 1040 ez Sus ingresos sujetos a impuestos fueron $26,000. Tax forms 1040 ez En la declaración conjunta de 2013, pueden deducir $3,000. Tax forms 1040 ez La parte de la pérdida que no usaron, $4,000 ($7,000 − $3,000), se puede trasladar a 2014. Tax forms 1040 ez Si la pérdida de capital hubiera sido $2,000, la deducción por pérdida de capital también habría sido $2,000. Tax forms 1040 ez No tendrían cantidad alguna a trasladar al año siguiente. Tax forms 1040 ez Utilice primero las pérdidas a corto plazo. Tax forms 1040 ez   Cuando calcule la cantidad a trasladarse al año siguiente, utilice primero las pérdidas de capital a corto plazo, aunque haya incurrido en las mismas después de una pérdida de capital a largo plazo. Tax forms 1040 ez Si no ha alcanzado el límite de la deducción por pérdidas de capital después de haber utilizado las pérdidas de capital a corto plazo, utilice las pérdidas de capital a largo plazo hasta alcanzar el límite. Tax forms 1040 ez Pérdida de capital de un difunto. Tax forms 1040 ez    Una pérdida de capital sufrida por una persona en su último año tributario antes de fallecer (o que se haya traspasado de un año anterior a dicho año) se puede deducir sólo en la última declaración del impuesto sobre el ingreso personal que se presente a nombre del difunto. Tax forms 1040 ez Los límites de pérdida de capital explicados anteriormente aún corresponden en este caso. Tax forms 1040 ez El caudal hereditario (patrimonio) del difunto no puede deducir ninguna parte de la pérdida ni trasladarla a años posteriores. Tax forms 1040 ez Declaraciones conjuntas y separadas. Tax forms 1040 ez   Si antes usted y su cónyuge presentaban declaraciones por separado y ahora presentan una declaración conjunta, sume las cantidades de pérdida de capital que cada uno de ustedes haya trasladado a un año siguiente. Tax forms 1040 ez No obstante, si antes usted y su cónyuge presentaban una declaración conjunta y ahora presentan declaraciones por separado, toda pérdida de capital que se haya trasladado a un año siguiente se puede deducir sólo en la declaración del cónyuge que de hecho sufrió la pérdida. Tax forms 1040 ez Tasas Impositivas sobre Ganancias de Capital Las tasas impositivas correspondientes a una ganancia neta de capital suelen ser más bajas que las que corresponden a otros ingresos. Tax forms 1040 ez Estas tasas reducidas se conocen como las “tasas máximas de ganancias de capital”. Tax forms 1040 ez El término “ganancia neta de capital” designa la cantidad por la que la ganancia neta de capital a largo plazo del año supera la pérdida de capital neta a corto plazo. Tax forms 1040 ez Para el año 2013, las tasas máximas correspondientes a ganancias de capital son 0%, 15%, 20%, 25% y 28%. Tax forms 1040 ez Vea la Tabla 16-1, para obtener información detallada. Tax forms 1040 ez Si para calcular el impuesto utiliza las tasas máximas correspondientes a ganancias de capital y el cálculo normal de impuestos le resulta en unos impuestos más bajos, el cálculo normal de impuestos es el que le corresponde. Tax forms 1040 ez Ejemplo. Tax forms 1040 ez Su ganancia neta de capital proviene en su totalidad de la venta de artículos coleccionables, por lo tanto, la tasa correspondiente a la ganancia de capital es 28%. Tax forms 1040 ez Si de otro modo está sujeto a una tasa menor del 28%, la tasa del 28% no corresponde. Tax forms 1040 ez Deducción de los intereses de inversiones. Tax forms 1040 ez   Si declara una deducción de intereses de inversiones, tal vez tenga que reducir la cantidad de su ganancia neta de capital que reúna los requisitos para las tasas impositivas sobre ganancias de capital. Tax forms 1040 ez Réstele la cantidad de la ganancia neta de capital que opte por incluir en los ingresos de inversiones al calcular el límite de la deducción de los mismos. Tax forms 1040 ez Para hacer esto, se utiliza la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D) en las Instrucciones para el Anexo D (Formulario 1040), en inglés, o la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para los impuestos sobre dividendos calificados y ganancias de capital), que se encuentra en las instrucciones por separado correspondientes a los Formularios 1040 y 1040A, en inglés. Tax forms 1040 ez Para más información acerca del límite de los intereses procedentes de inversiones, vea Interest Expenses (Gastos de intereses) en el capítulo 3 de la Publicación 550, en inglés. Tax forms 1040 ez Tabla 16-1. Tax forms 1040 ez ¿Cuál es la Tasa Máxima de Ganancias de Capital que le Corresponde? SI la ganancia neta de capital se deriva de . Tax forms 1040 ez . Tax forms 1040 ez . Tax forms 1040 ez ENTONCES la  tasa máxima de  ganancia de capital es . Tax forms 1040 ez . Tax forms 1040 ez . Tax forms 1040 ez una ganancia producto de artículos coleccionables 28% una ganancia, la cual reúne los requisitos, sobre acciones de pequeños negocios calificados menos la exclusión conforme a la sección 1202 28% una ganancia conforme a la sección 1250 no recuperada 25% otra ganancia1 y la tasa impositiva normal correspondiente es 39. Tax forms 1040 ez 6% 20% otra ganancia1 y la tasa impositiva normal correspondiente es 25%, 28%, 33% o 35% 15% otra ganancia1 y la tasa impositiva normal correspondiente es 10% o 15% 0% 1 El término “otra ganancia” significa toda ganancia que no sea una ganancia procedente de artículos coleccionables, ganancia sobre acciones de pequeños negocios calificados o una ganancia conforme a la sección 1250 no recuperada. Tax forms 1040 ez     Ganancia o pérdida procedente de artículos coleccionables. Tax forms 1040 ez   Ésta es una ganancia o pérdida que se deriva de la venta o canje de una obra de arte, alfombra, antigüedad, metal (como oro, plata y platino en barras), piedra preciosa, estampilla o sello, moneda o bebida alcohólica que haya tenido más de 1 año. Tax forms 1040 ez   Se considera que una ganancia procedente de artículos coleccionables abarca las ganancias resultantes de la venta de una participación en una sociedad colectiva, sociedad anónima de tipo S o fideicomiso, generadas por una plusvalía no realizada de dichos artículos coleccionables. Tax forms 1040 ez Ganancia sobre acciones de pequeños negocios calificados. Tax forms 1040 ez    Si obtuvo una ganancia de acciones de pequeños negocios calificados y fue dueño de dichas acciones durante más de 5 años, normalmente puede excluir de los ingresos una parte o la totalidad de su ganancia bajo la sección 1202. Tax forms 1040 ez La ganancia que cumple los requisitos, menos la exclusión conforme a la sección 1202, es una ganancia con una tasa de 28%. Tax forms 1040 ez Vea Gains on Qualified Small Business Stock (Ganancias de acciones de pequeños negocios calificados) en el capítulo 4 de la Publicación 550, en inglés. Tax forms 1040 ez Ganancia conforme a la sección 1250 no recuperada. Tax forms 1040 ez    Por lo general, ésta es toda parte de la ganancia de capital que se haya originado por la venta de bienes conforme a la sección 1250 (bienes raíces) debido a depreciación (pero no más que la ganancia neta conforme a la sección 1231) menos toda pérdida neta en el grupo del 28%. Tax forms 1040 ez Use la Unrecaptured Section 1250 Gain Worksheet (Hoja de trabajo de ganancias no recuperadas conforme a la sección 1250) de las Instrucciones del Anexo D (Formulario 1040), en inglés, para calcular la ganancia no recuperada conforme a la sección 1250. Tax forms 1040 ez Para más información sobre bienes conforme a la sección 1250 y ganancias conforme a la sección 1231, vea el capítulo 3 de la Publicación 544, en inglés. Tax forms 1040 ez Cálculo de los impuestos a base de las tasas máximas de ganancias de capital. Tax forms 1040 ez   Utilice la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para los impuestos sobre dividendos calificados y ganancias de capital) o la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D), la que corresponda, para calcular su impuesto si ha recibido dividendos calificados o ganancia neta de capital. Tax forms 1040 ez Tiene ganancia neta de capital si las cantidades de las líneas 15 y 16 del Anexo D ambas son ganancias. Tax forms 1040 ez Hoja de trabajo para los impuestos del Anexo D. Tax forms 1040 ez   Utilice la Schedule D Tax Worksheet (Hoja de trabajo para los impuestos del Anexo D) que se encuentra en las Instrucciones del Anexo D (Formulario 1040) para calcular el impuesto si se dan las siguientes condiciones: Tiene que presentar el Anexo D (Formulario 1040) y La cantidad de la línea 18 (ganancia a una tasa de 28%) o la línea 19 (ganancia no recuperada conforme a la sección 1250) del Anexo D (Formulario 1040) es mayor de cero. Tax forms 1040 ez Hoja de trabajo para el impuesto sobre dividendos calificados y ganancias de capital. Tax forms 1040 ez   Utilice la Qualified Dividends and Capital Gain Tax Worksheet (Hoja de trabajo para el impuesto sobre los dividendos calificados y ganancias de capital) de las instrucciones del Formulario 1040 o Formulario 1040A (el que presente) para calcular el impuesto si no tiene que utilizar la Hoja de trabajo para los impuestos del Anexo D (como se explica anteriormente) y corresponde cualquiera de los siguientes puntos: Recibió dividendos calificados. Tax forms 1040 ez (Vea Dividendos Calificados en el capítulo 8). Tax forms 1040 ez No tiene que presentar el Anexo D (Formulario 1040) y recibió distribuciones de ganancias de capital. Tax forms 1040 ez (Vea Excepciones a la presentación del Formulario 8949 y el Anexo D (Formulario 1040) , anteriormente). Tax forms 1040 ez Las cantidades de las líneas 15 y 16 del Anexo D (Formulario 1040) son mayores de cero. Tax forms 1040 ez Impuesto mínimo alternativo. Tax forms 1040 ez   Estas tasas de ganancias de capital se utilizan también para calcular el impuesto mínimo alternativo. Tax forms 1040 ez Prev  Up  Next   Home   More Online Publications
Español

Fulbright Foreign Scholarship Board

The Fulbright Program offers grants to study, teach and conduct research for U.S. citizens to go abroad and non-U.S. citizens to come to the United States.

Contact the Agency or Department

Website: Fulbright Foreign Scholarship Board

E-mail:

Address: U.S. Department of State, SA-44
301 4th Street SW, #664

Washington, DC 20547

Phone Number: 202-203-7010

The Tax Forms 1040 Ez

Tax forms 1040 ez 2. Tax forms 1040 ez   Source of Income Table of Contents Introduction Topics - This chapter discusses: Resident Aliens Nonresident AliensInterest Income Dividends Guarantee of Indebtedness Personal Services Transportation Income Scholarships, Grants, Prizes, and Awards Pensions and Annuities Rents or Royalties Real Property Personal Property Community Income Introduction After you have determined your alien status, you must determine the source of your income. Tax forms 1040 ez This chapter will help you determine the source of different types of income you may receive during the tax year. Tax forms 1040 ez This chapter also discusses special rules for married individuals who are domiciled in a country with community property laws. Tax forms 1040 ez Topics - This chapter discusses: Income source rules, and Community income. Tax forms 1040 ez Resident Aliens A resident alien's income is generally subject to tax in the same manner as a U. Tax forms 1040 ez S. Tax forms 1040 ez citizen. Tax forms 1040 ez If you are a resident alien, you must report all interest, dividends, wages, or other compensation for services, income from rental property or royalties, and other types of income on your U. Tax forms 1040 ez S. Tax forms 1040 ez tax return. Tax forms 1040 ez You must report these amounts from sources within and outside the United States. Tax forms 1040 ez Nonresident Aliens A nonresident alien usually is subject to U. Tax forms 1040 ez S. Tax forms 1040 ez income tax only on U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez Under limited circumstances, certain foreign source income is subject to U. Tax forms 1040 ez S. Tax forms 1040 ez tax. Tax forms 1040 ez See Foreign Income in chapter 4. Tax forms 1040 ez The general rules for determining U. Tax forms 1040 ez S. Tax forms 1040 ez source income that apply to most nonresident aliens are shown in Table 2-1. Tax forms 1040 ez The following discussions cover the general rules as well as the exceptions to these rules. Tax forms 1040 ez Not all items of U. Tax forms 1040 ez S. Tax forms 1040 ez source income are taxable. Tax forms 1040 ez See chapter 3. Tax forms 1040 ez Interest Income Generally, U. Tax forms 1040 ez S. Tax forms 1040 ez source interest income includes the following items. Tax forms 1040 ez Interest on bonds, notes, or other interest-bearing obligations of U. Tax forms 1040 ez S. Tax forms 1040 ez residents or domestic corporations. Tax forms 1040 ez Interest paid by a domestic or foreign partnership or foreign corporation engaged in a U. Tax forms 1040 ez S. Tax forms 1040 ez trade or business at any time during the tax year. Tax forms 1040 ez Original issue discount. Tax forms 1040 ez Interest from a state, the District of Columbia, or the U. Tax forms 1040 ez S. Tax forms 1040 ez Government. Tax forms 1040 ez The place or manner of payment is immaterial in determining the source of the income. Tax forms 1040 ez A substitute interest payment made to the transferor of a security in a securities lending transaction or a sale-repurchase transaction is sourced in the same manner as the interest on the transferred security. Tax forms 1040 ez Exceptions. Tax forms 1040 ez   U. Tax forms 1040 ez S. Tax forms 1040 ez source interest income does not include the following items. Tax forms 1040 ez Interest paid by a resident alien or a domestic corporation on obligations issued before August 10, 2010, if for the 3-year period ending with the close of the payer's tax year preceding the interest payment, at least 80% of the payer's total gross income: Is from sources outside the United States, and Is attributable to the active conduct of a trade or business by the individual or corporation in a foreign country or a U. Tax forms 1040 ez S. Tax forms 1040 ez possession. Tax forms 1040 ez However, the interest will be considered U. Tax forms 1040 ez S. Tax forms 1040 ez source interest income if either of the following apply. Tax forms 1040 ez The recipient of the interest is related to the resident alien or domestic corporation. Tax forms 1040 ez See section 954(d)(3) for the definition of related person. Tax forms 1040 ez The terms of the obligation are significantly modified after August 9, 2010. Tax forms 1040 ez Any extension of the term of the obligation is considered a significant modification. Tax forms 1040 ez Interest paid by a foreign branch of a domestic corporation or a domestic partnership on deposits or withdrawable accounts with mutual savings banks, cooperative banks, credit unions, domestic building and loan associations, and other savings institutions chartered and supervised as savings and loan or similar associations under federal or state law if the interest paid or credited can be deducted by the association. Tax forms 1040 ez Interest on deposits with a foreign branch of a domestic corporation or domestic partnership, but only if the branch is in the commercial banking business. Tax forms 1040 ez Dividends In most cases, dividend income received from domestic corporations is U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez Dividend income from foreign corporations is usually foreign source income. Tax forms 1040 ez Exceptions to both of these rules are discussed below. Tax forms 1040 ez A substitute dividend payment made to the transferor of a security in a securities lending transaction or a sale-repurchase transaction is sourced in the same manner as a distribution on the transferred security. Tax forms 1040 ez Dividend equivalent payments. Tax forms 1040 ez   U. Tax forms 1040 ez S. Tax forms 1040 ez source dividends also include all dividend equivalent payments. Tax forms 1040 ez Dividend equivalent payments include substitute dividends, payments made pursuant to a specified notional principal contract, and all similar payments that, directly or indirectly, are contingent on or determined by reference to, the payment of a dividend from U. Tax forms 1040 ez S. Tax forms 1040 ez sources. Tax forms 1040 ez    The Internal Revenue Service has issued final regulations that would affect the treatment of dividend equivalent payments and specified notional principal contracts. Tax forms 1040 ez You can view this regulation at www. Tax forms 1040 ez irs. Tax forms 1040 ez gov/irb/2013-52_IRB/ar08. Tax forms 1040 ez html. Tax forms 1040 ez First exception. Tax forms 1040 ez   Dividends received from a domestic corporation are not U. Tax forms 1040 ez S. Tax forms 1040 ez source income if the corporation elects to take the American Samoa economic development credit. Tax forms 1040 ez Second exception. Tax forms 1040 ez   Part of the dividends received from a foreign corporation is U. Tax forms 1040 ez S. Tax forms 1040 ez source income if 25% or more of its total gross income for the 3-year period ending with the close of its tax year preceding the declaration of dividends was effectively connected with a trade or business in the United States. Tax forms 1040 ez If the corporation was formed less than 3 years before the declaration, use its total gross income from the time it was formed. Tax forms 1040 ez Determine the part that is U. Tax forms 1040 ez S. Tax forms 1040 ez source income by multiplying the dividend by the following fraction. Tax forms 1040 ez   Foreign corporation's gross income connected with a U. Tax forms 1040 ez S. Tax forms 1040 ez trade or business for the 3-year period     Foreign corporation's gross income from all sources for that period   Guarantee of Indebtedness Certain amounts received directly or indirectly, for the provision of a guarantee of indebtedness issued after September 27, 2010, are U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez They must be paid by a noncorporate resident or U. Tax forms 1040 ez S. Tax forms 1040 ez corporation or by any foreign person if the amounts are effectively connected with the conduct of a U. Tax forms 1040 ez S. Tax forms 1040 ez trade or business. Tax forms 1040 ez For more information, see Internal Revenue Code sections 861(a)(9) and 862(a)(9). Tax forms 1040 ez Personal Services All wages and any other compensation for services performed in the United States are considered to be from sources in the United States. Tax forms 1040 ez The only exceptions to this rule are discussed in chapter 3 under Employees of foreign persons, organizations, or offices, and under Crew members. Tax forms 1040 ez If you are an employee and receive compensation for labor or personal services performed both inside and outside the United States, special rules apply in determining the source of the compensation. Tax forms 1040 ez Compensation (other than certain fringe benefits) is sourced on a time basis. Tax forms 1040 ez Certain fringe benefits (such as housing and education) are sourced on a geographical basis. Tax forms 1040 ez Or, you may be permitted to use an alternative basis to determine the source of compensation. Tax forms 1040 ez See Alternative Basis , later. Tax forms 1040 ez Multi-level marketing. Tax forms 1040 ez   Certain companies sell products through a multi-level marketing arrangement, such that an upper-tier distributor, who has sponsored a lower-tier distributor, is entitled to a payment from the company based on certain activities of that lower-tier distributor. Tax forms 1040 ez Generally, depending on the facts, payments from such multi-level marketing companies to independent (non-employee) distributors (upper-tier distributors) that are based on the sales or purchases of persons whom they have sponsored (lower-tier distributors) constitute income for the performance of personal services in recruiting, training, and supporting the lower-tier distributors. Tax forms 1040 ez The source of such income is generally based on where the services of the upper-tier distributor are performed, and may, depending on the facts, be considered multi-year compensation, with the source of income determined over the period to which such compensation is attributable. Tax forms 1040 ez Self-employed individuals. Tax forms 1040 ez   If you are self-employed, you determine the source of compensation for labor or personal services from self-employment on the basis that most correctly reflects the proper source of that income under the facts and circumstances of your particular case. Tax forms 1040 ez In many cases, the facts and circumstances will call for an apportionment on a time basis as explained next. Tax forms 1040 ez Time Basis Use a time basis to figure your U. Tax forms 1040 ez S. Tax forms 1040 ez source compensation (other than the fringe benefits discussed later). Tax forms 1040 ez Do this by multiplying your total compensation (other than the fringe benefits discussed later) by the following fraction:   Number of days you performed services in the United States during the year     Total number of days you performed services during the year   You can use a unit of time less than a day in the above fraction, if appropriate. Tax forms 1040 ez The time period for which the compensation is made does not have to be a year. Tax forms 1040 ez Instead, you can use another distinct, separate, and continuous time period if you can establish to the satisfaction of the IRS that this other period is more appropriate. Tax forms 1040 ez Example 1. Tax forms 1040 ez Christina Brooks, a resident of the Netherlands, worked 240 days for a U. Tax forms 1040 ez S. Tax forms 1040 ez company during the tax year. Tax forms 1040 ez She received $80,000 in compensation. Tax forms 1040 ez None of it was for fringe benefits. Tax forms 1040 ez Christina performed services in the United States for 60 days and performed services in the Netherlands for 180 days. Tax forms 1040 ez Using the time basis for determining the source of compensation, $20,000 ($80,000 × 60/240) is her U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez Example 2. Tax forms 1040 ez Rob Waters, a resident of South Africa, is employed by a corporation. Tax forms 1040 ez His annual salary is $100,000. Tax forms 1040 ez None of it is for fringe benefits. Tax forms 1040 ez During the first quarter of the year he worked entirely within the United States. Tax forms 1040 ez On April 1, Rob was transferred to Singapore for the remainder of the year. Tax forms 1040 ez Rob is able to establish that the first quarter of the year and the last 3 quarters of the year are two separate, distinct, and continuous periods of time. Tax forms 1040 ez Accordingly, $25,000 of Rob's annual salary is attributable to the first quarter of the year (. Tax forms 1040 ez 25 × $100,000). Tax forms 1040 ez All of it is U. Tax forms 1040 ez S. Tax forms 1040 ez source income because he worked entirely within the United States during that quarter. Tax forms 1040 ez The remaining $75,000 is attributable to the last three quarters of the year. Tax forms 1040 ez During those quarters, he worked 150 days in Singapore and 30 days in the United States. Tax forms 1040 ez His periodic performance of services in the United States did not result in distinct, separate, and continuous periods of time. Tax forms 1040 ez Of this $75,000, $12,500 ($75,000 × 30/180) is U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez Multi-year compensation. Tax forms 1040 ez   The source of multi-year compensation is generally determined on a time basis over the period to which the compensation is attributable. Tax forms 1040 ez Multi-year compensation is compensation that is included in your income in one tax year but that is attributable to a period that includes two or more tax years. Tax forms 1040 ez   You determine the period to which the compensation is attributable based on the facts and circumstances of your case. Tax forms 1040 ez For example, an amount of compensation that specifically relates to a period of time that includes several calendar years is attributable to the entire multi-year period. Tax forms 1040 ez   The amount of compensation treated as from U. Tax forms 1040 ez S. Tax forms 1040 ez sources is figured by multiplying the total multi-year compensation by a fraction. Tax forms 1040 ez The numerator of the fraction is the number of days (or unit of time less than a day, if appropriate) that you performed labor or personal services in the United States in connection with the project. Tax forms 1040 ez The denominator of the fraction is the total number of days (or unit of time less than a day, if appropriate) that you performed labor or personal services in connection with the project. Tax forms 1040 ez Geographical Basis Compensation you receive as an employee in the form of the following fringe benefits is sourced on a geographical basis. Tax forms 1040 ez Housing. Tax forms 1040 ez Education. Tax forms 1040 ez Local transportation. Tax forms 1040 ez Tax reimbursement. Tax forms 1040 ez Hazardous or hardship duty pay as defined in Regulations section 1. Tax forms 1040 ez 861-4(b)(2)(ii)(D)(5). Tax forms 1040 ez Moving expense reimbursement. Tax forms 1040 ez The amount of fringe benefits must be reasonable and you must substantiate them by adequate records or by sufficient evidence. Tax forms 1040 ez Principal place of work. Tax forms 1040 ez   The above fringe benefits, except for tax reimbursement and hazardous or hardship duty pay, are sourced based on your principal place of work. Tax forms 1040 ez Your principal place of work is usually the place where you spend most of your working time. Tax forms 1040 ez This could be your office, plant, store, shop, or other location. Tax forms 1040 ez If there is no one place where you spend most of your working time, your main job location is the place where your work is centered, such as where you report for work or are otherwise required to “base” your work. Tax forms 1040 ez   If you have more than one job at any time, your main job location depends on the facts in each case. Tax forms 1040 ez The more important factors to be considered are: The total time you spend at each place, The amount of work you do at each place, and How much money you earn at each place. Tax forms 1040 ez Housing. Tax forms 1040 ez   The source of a housing fringe benefit is determined based on the location of your principal place of work. Tax forms 1040 ez A housing fringe benefit includes payments to you or on your behalf (and your family's if your family resides with you) only for the following. Tax forms 1040 ez Rent. Tax forms 1040 ez Utilities (except telephone charges). Tax forms 1040 ez Real and personal property insurance. Tax forms 1040 ez Occupancy taxes not deductible under section 164 or 216(a). Tax forms 1040 ez Nonrefundable fees for securing a leasehold. Tax forms 1040 ez Rental of furniture and accessories. Tax forms 1040 ez Household repairs. Tax forms 1040 ez Residential parking. Tax forms 1040 ez Fair rental value of housing provided in kind by your employer. Tax forms 1040 ez   A housing fringe benefit does not include: Deductible interest and taxes (including deductible interest and taxes of a tenant-stockholder in a cooperative housing corporation), The cost of buying property, including principal payments on a mortgage, The cost of domestic labor (maids, gardeners, etc. Tax forms 1040 ez ), Pay television subscriptions, Improvements and other expenses that increase the value or appreciably prolong the life of property, Purchased furniture or accessories, Depreciation or amortization of property or improvements, The value of meals or lodging that you exclude from gross income, or The value of meals or lodging that you deduct as moving expenses. Tax forms 1040 ez Education. Tax forms 1040 ez   The source of an education fringe benefit for the education expenses of your dependents is determined based on the location of your principal place of work. Tax forms 1040 ez An education fringe benefit includes payments only for the following expenses for education at an elementary or secondary school. Tax forms 1040 ez Tuition, fees, academic tutoring, special needs services for a special needs student, books, supplies, and other equipment. Tax forms 1040 ez Room and board and uniforms that are required or provided by the school in connection with enrollment or attendance. Tax forms 1040 ez Local transportation. Tax forms 1040 ez   The source of a local transportation fringe benefit is determined based on the location of your principal place of work. Tax forms 1040 ez Your local transportation fringe benefit is the amount that you receive as compensation for local transportation for you or your spouse or dependents at the location of your principal place of work. Tax forms 1040 ez The amount treated as a local transportation fringe benefit is limited to actual expenses incurred for local transportation and the fair rental value of any employer-provided vehicle used predominantly by you, your spouse, or your dependents for local transportation. Tax forms 1040 ez Actual expenses do not include the cost (including interest) of any vehicle purchased by you or on your behalf. Tax forms 1040 ez Tax reimbursement. Tax forms 1040 ez   The source of a tax reimbursement fringe benefit is determined based on the location of the jurisdiction that imposed the tax for which you are reimbursed. Tax forms 1040 ez Moving expense reimbursement. Tax forms 1040 ez   The source of a moving expense reimbursement is generally based on the location of your new principal place of work. Tax forms 1040 ez However, the source is determined based on the location of your former principal place of work if you provide sufficient evidence that such determination of source is more appropriate under the facts and circumstances of your case. Tax forms 1040 ez Sufficient evidence generally requires an agreement between you and your employer, or a written statement of company policy, which is reduced to writing before the move and which is entered into or established to induce you or other employees to move to another country. Tax forms 1040 ez The written statement or agreement must state that your employer will reimburse you for moving expenses that you incur to return to your former principal place of work regardless of whether you continue to work for your employer after returning to that location. Tax forms 1040 ez It may contain certain conditions upon which the right to reimbursement is determined as long as those conditions set forth standards that are definitely ascertainable and can only be fulfilled prior to, or through completion of, your return move to your former principal place of work. Tax forms 1040 ez Alternative Basis If you are an employee, you can determine the source of your compensation under an alternative basis if you establish to the satisfaction of the IRS that, under the facts and circumstances of your case, the alternative basis more properly determines the source of your compensation than the time or geographical basis. Tax forms 1040 ez If you use an alternative basis, you must keep (and have available for inspection) records to document why the alternative basis more properly determines the source of your compensation. Tax forms 1040 ez Also, if your total compensation from all sources is $250,000 or more, check “Yes” to both questions on line K on page 5 of Form 1040NR, and attach a written statement to your tax return that sets forth all of the following. Tax forms 1040 ez Your name and social security number (written across the top of the statement). Tax forms 1040 ez The specific compensation income, or the specific fringe benefit, for which you are using the alternative basis. Tax forms 1040 ez For each item in (2), the alternative basis of allocation of source used. Tax forms 1040 ez For each item in (2), a computation showing how the alternative allocation was computed. Tax forms 1040 ez A comparison of the dollar amount of the U. Tax forms 1040 ez S. Tax forms 1040 ez compensation and foreign compensation sourced under both the alternative basis and the time or geographical basis discussed earlier. Tax forms 1040 ez Transportation Income Transportation income is income from the use of a vessel or aircraft or for the performance of services directly related to the use of any vessel or aircraft. Tax forms 1040 ez This is true whether the vessel or aircraft is owned, hired, or leased. Tax forms 1040 ez The term “vessel or aircraft” includes any container used in connection with a vessel or aircraft. Tax forms 1040 ez All income from transportation that begins and ends in the United States is treated as derived from sources in the United States. Tax forms 1040 ez If the transportation begins or ends in the United States, 50% of the transportation income is treated as derived from sources in the United States. Tax forms 1040 ez For transportation income from personal services, 50% of the income is U. Tax forms 1040 ez S. Tax forms 1040 ez source income if the transportation is between the United States and a U. Tax forms 1040 ez S. Tax forms 1040 ez possession. Tax forms 1040 ez For nonresident aliens, this only applies to income derived from, or in connection with, an aircraft. Tax forms 1040 ez For information on how U. Tax forms 1040 ez S. Tax forms 1040 ez source transportation income is taxed, see chapter 4. Tax forms 1040 ez Scholarships, Grants, Prizes, and Awards Generally, the source of scholarships, fellowship grants, grants, prizes, and awards is the residence of the payer regardless of who actually disburses the funds. Tax forms 1040 ez However, see Activities to be performed outside the United States , later. Tax forms 1040 ez For example, payments for research or study in the United States made by the United States, a noncorporate U. Tax forms 1040 ez S. Tax forms 1040 ez resident, or a domestic corporation, are from U. Tax forms 1040 ez S. Tax forms 1040 ez sources. Tax forms 1040 ez Similar payments from a foreign government or foreign corporation are foreign source payments even though the funds may be disbursed through a U. Tax forms 1040 ez S. Tax forms 1040 ez agent. Tax forms 1040 ez Payments made by an entity designated as a public international organization under the International Organizations Immunities Act are from foreign sources. Tax forms 1040 ez Activities to be performed outside the United States. Tax forms 1040 ez   Scholarships, fellowship grants, targeted grants, and achievement awards received by nonresident aliens for activities performed, or to be performed, outside the United States are not U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez    These rules do not apply to amounts paid as salary or other compensation for services. Tax forms 1040 ez See Personal Services, earlier, for the source rules that apply. Tax forms 1040 ez Pensions and Annuities If you receive a pension from a domestic trust for services performed both in and outside the United States, part of the pension payment is from U. Tax forms 1040 ez S. Tax forms 1040 ez sources. Tax forms 1040 ez That part is the amount attributable to earnings of the pension plan and the employer contributions made for services performed in the United States. Tax forms 1040 ez This applies whether the distribution is made under a qualified or nonqualified stock bonus, pension, profit-sharing, or annuity plan (whether or not funded). Tax forms 1040 ez If you performed services as an employee of the United States, you may receive a distribution from the U. Tax forms 1040 ez S. Tax forms 1040 ez Government under a plan, such as the Civil Service Retirement System, that is treated as a qualified pension plan. Tax forms 1040 ez Your U. Tax forms 1040 ez S. Tax forms 1040 ez source income is the otherwise taxable amount of the distribution that is attributable to your total U. Tax forms 1040 ez S. Tax forms 1040 ez Government basic pay other than tax-exempt pay for services performed outside the United States. Tax forms 1040 ez Rents or Royalties Your U. Tax forms 1040 ez S. Tax forms 1040 ez source income includes rent and royalty income received during the tax year from property located in the United States or from any interest in that property. Tax forms 1040 ez U. Tax forms 1040 ez S. Tax forms 1040 ez source income also includes rents or royalties for the use of, or for the privilege of using, in the United States, intangible property such as patents, copyrights, secret processes and formulas, goodwill, trademarks, franchises, and similar property. Tax forms 1040 ez Real Property Real property is land and buildings and generally anything built on, growing on, or attached to land. Tax forms 1040 ez Gross income from sources in the United States includes gains, profits, and income from the sale or other disposition of real property located in the United States. Tax forms 1040 ez Natural resources. Tax forms 1040 ez   The income from the sale of products of any farm, mine, oil or gas well, other natural deposit, or timber located in the United States and sold in a foreign country, or located in a foreign country and sold in the United States, is partly from sources in the United States. Tax forms 1040 ez For information on determining that part, see section 1. Tax forms 1040 ez 863-1(b) of the regulations. Tax forms 1040 ez Table 2-1. Tax forms 1040 ez Summary of Source Rules for Income of Nonresident Aliens Item of income Factor determining source Salaries, wages, other compensation Where services performed Business income:   Personal services Where services performed Sale of inventory—purchased Where sold Sale of inventory—produced Allocation Interest Residence of payer Dividends Whether a U. Tax forms 1040 ez S. Tax forms 1040 ez or foreign corporation* Rents Location of property Royalties:   Natural resources Location of property Patents, copyrights, etc. Tax forms 1040 ez Where property is used Sale of real property Location of property Sale of personal property Seller's tax home (but see Personal Property , later, for exceptions) Pension distributions attributable to contributions Where services were performed that earned the pension Investment earnings on pension contributions Location of pension trust Sale of natural resources Allocation based on fair market value of product at export terminal. Tax forms 1040 ez For more information, see section 1. Tax forms 1040 ez 863-1(b) of the regulations. Tax forms 1040 ez *Exceptions include: a) Dividends paid by a U. Tax forms 1040 ez S. Tax forms 1040 ez corporation are foreign source if the corporation elects the  American Samoa economic development credit. Tax forms 1040 ez  b) Part of a dividend paid by a foreign corporation is U. Tax forms 1040 ez S. Tax forms 1040 ez source if at least 25% of the  corporation's gross income is effectively connected with a U. Tax forms 1040 ez S. Tax forms 1040 ez trade or business for the  3 tax years before the year in which the dividends are declared. Tax forms 1040 ez Personal Property Personal property is property, such as machinery, equipment, or furniture, that is not real property. Tax forms 1040 ez Gain or loss from the sale or exchange of personal property generally has its source in the United States if you have a tax home in the United States. Tax forms 1040 ez If you do not have a tax home in the United States, the gain or loss generally is considered to be from sources outside the United States. Tax forms 1040 ez Tax home. Tax forms 1040 ez   Your tax home is the general area of your main place of business, employment, or post of duty, regardless of where you maintain your family home. Tax forms 1040 ez Your tax home is the place where you permanently or indefinitely work as an employee or a self-employed individual. Tax forms 1040 ez If you do not have a regular or main place of business because of the nature of your work, then your tax home is the place where you regularly live. Tax forms 1040 ez If you do not fit either of these categories, you are considered an itinerant and your tax home is wherever you work. Tax forms 1040 ez Inventory property. Tax forms 1040 ez   Inventory property is personal property that is stock in trade or that is held primarily for sale to customers in the ordinary course of your trade or business. Tax forms 1040 ez Income from the sale of inventory that you purchased is sourced where the property is sold. Tax forms 1040 ez Generally, this is where title to the property passes to the buyer. Tax forms 1040 ez For example, income from the sale of inventory in the United States is U. Tax forms 1040 ez S. Tax forms 1040 ez source income, whether you purchased it in the United States or in a foreign country. Tax forms 1040 ez   Income from the sale of inventory property that you produced in the United States and sold outside the United States (or vice versa) is partly from sources in the United States and partly from sources outside the United States. Tax forms 1040 ez For information on making this allocation, see section 1. Tax forms 1040 ez 863-3 of the regulations. Tax forms 1040 ez   These rules apply even if your tax home is not in the United States. Tax forms 1040 ez Depreciable property. Tax forms 1040 ez   To determine the source of any gain from the sale of depreciable personal property, you must first figure the part of the gain that is not more than the total depreciation adjustments on the property. Tax forms 1040 ez You allocate this part of the gain to sources in the United States based on the ratio of U. Tax forms 1040 ez S. Tax forms 1040 ez depreciation adjustments to total depreciation adjustments. Tax forms 1040 ez The rest of this part of the gain is considered to be from sources outside the United States. Tax forms 1040 ez   For this purpose, “U. Tax forms 1040 ez S. Tax forms 1040 ez depreciation adjustments” are the depreciation adjustments to the basis of the property that are allowable in figuring taxable income from U. Tax forms 1040 ez S. Tax forms 1040 ez sources. Tax forms 1040 ez However, if the property is used predominantly in the United States during a tax year, all depreciation deductions allowable for that year are treated as U. Tax forms 1040 ez S. Tax forms 1040 ez depreciation adjustments. Tax forms 1040 ez But there are some exceptions for certain transportation, communications, and other property used internationally. Tax forms 1040 ez   Gain from the sale of depreciable property that is more than the total depreciation adjustments on the property is sourced as if the property were inventory property, as discussed above. Tax forms 1040 ez   A loss is sourced in the same way as the depreciation deductions were sourced. Tax forms 1040 ez However, if the property was used predominantly in the United States, the entire loss reduces U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez   The basis of property usually means the cost (money plus the fair market value of other property or services) of property you acquire. Tax forms 1040 ez Depreciation is an amount deducted to recover the cost or other basis of a trade or business asset. Tax forms 1040 ez The amount you can deduct depends on the property's cost, when you began using the property, how long it will take to recover your cost, and which depreciation method you use. Tax forms 1040 ez A depreciation deduction is any deduction for depreciation or amortization or any other allowable deduction that treats a capital expenditure as a deductible expense. Tax forms 1040 ez Intangible property. Tax forms 1040 ez   Intangible property includes patents, copyrights, secret processes or formulas, goodwill, trademarks, trade names, or other like property. Tax forms 1040 ez The gain from the sale of amortizable or depreciable intangible property, up to the previously allowable amortization or depreciation deductions, is sourced in the same way as the original deductions were sourced. Tax forms 1040 ez This is the same as the source rule for gain from the sale of depreciable property. Tax forms 1040 ez See Depreciable property , earlier, for details on how to apply this rule. Tax forms 1040 ez   Gain in excess of the amortization or depreciation deductions is sourced in the country where the property is used if the income from the sale is contingent on the productivity, use, or disposition of that property. Tax forms 1040 ez If the income is not contingent on the productivity, use, or disposition of the property, the income is sourced according to your tax home as discussed earlier. Tax forms 1040 ez If payments for goodwill do not depend on its productivity, use, or disposition, their source is the country in which the goodwill was generated. Tax forms 1040 ez Sales through offices or fixed places of business. Tax forms 1040 ez   Despite any of the earlier rules, if you do not have a tax home in the United States, but you maintain an office or other fixed place of business in the United States, treat the income from any sale of personal property (including inventory property) that is attributable to that office or place of business as U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez However, this rule does not apply to sales of inventory property for use, disposition, or consumption outside the United States if your office or other fixed place of business outside the United States materially participated in the sale. Tax forms 1040 ez   If you have a tax home in the United States but maintain an office or other fixed place of business outside the United States, income from sales of personal property, other than inventory, depreciable property, or intangibles, that is attributable to that foreign office or place of business may be treated as U. Tax forms 1040 ez S. Tax forms 1040 ez source income. Tax forms 1040 ez The income is treated as U. Tax forms 1040 ez S. Tax forms 1040 ez source income if an income tax of less than 10% of the income from the sale is paid to a foreign country. Tax forms 1040 ez This rule also applies to losses if the foreign country would have imposed an income tax of less than 10% had the sale resulted in a gain. Tax forms 1040 ez Community Income If you are married and you or your spouse is subject to the community property laws of a foreign country, a U. Tax forms 1040 ez S. Tax forms 1040 ez state, or a U. Tax forms 1040 ez S. Tax forms 1040 ez possession, you generally must follow those laws to determine the income of yourself and your spouse for U. Tax forms 1040 ez S. Tax forms 1040 ez tax purposes. Tax forms 1040 ez But you must disregard certain community property laws if: Both you and your spouse are nonresident aliens, or One of you is a nonresident alien and the other is a U. Tax forms 1040 ez S. Tax forms 1040 ez citizen or resident and you do not both choose to be treated as U. Tax forms 1040 ez S. Tax forms 1040 ez residents as explained in chapter 1. Tax forms 1040 ez In these cases, you and your spouse must report community income as explained later. Tax forms 1040 ez Earned income. Tax forms 1040 ez   Earned income of a spouse, other than trade or business income and a partner's distributive share of partnership income, is treated as the income of the spouse whose services produced the income. Tax forms 1040 ez That spouse must report all of it on his or her separate return. Tax forms 1040 ez Trade or business income. Tax forms 1040 ez   Trade or business income, other than a partner's distributive share of partnership income, is treated as the income of the spouse carrying on the trade or business. Tax forms 1040 ez That spouse must report all of it on his or her separate return. Tax forms 1040 ez Partnership income (or loss). Tax forms 1040 ez   A partner's distributive share of partnership income (or loss) is treated as the income (or loss) of the partner. Tax forms 1040 ez The partner must report all of it on his or her separate return. Tax forms 1040 ez Separate property income. Tax forms 1040 ez   Income derived from the separate property of one spouse (and which is not earned income, trade or business income, or partnership distributive share income) is treated as the income of that spouse. Tax forms 1040 ez That spouse must report all of it on his or her separate return. Tax forms 1040 ez Use the appropriate community property law to determine what is separate property. Tax forms 1040 ez Other community income. Tax forms 1040 ez   All other community income is treated as provided by the applicable community property laws. Tax forms 1040 ez Prev  Up  Next   Home   More Online Publications