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

When Is The Deadline To File Taxes

Efile Tax ReturnsCan You Efile A 1040xIrs Tax FormsEfile 1040x Online2010 Tax Return Forms2008 Turbotax DownloadHow Many Years Can You File Back TaxesCan I File My 2012 TaxesIrs 1040x 2010Vita Free Tax HelpTax Military2005 Tax FormsFree Amended Tax Return OnlineFree File State TaxFree Federal Tax ReturnFree Efile For 2012 TaxesTaxact Online 2011Free Tax Software 2012Filing Form 1040ez1040x Irs Form1040ez State Tax FormCan I Still Do My 2012 TaxesTaxes SoftwareFederal Ez Tax Form 2011File 2010 TaxTax Forms 2011Free H&r Block MilitaryHow To Do 2012 Tax Return1040nr Ez2009 Tax FormHow To Amend 2010 TaxesFiling Free State Tax ReturnH&r Block File 2012 Taxes1040ez Forms And Instructions1040ez 2012 WorksheetHow To File 2012 Taxes1040x For 2012Free Online Tax FilingAmend Taxes OnlineFederal Income Tax Ez Form 2011

When Is The Deadline To File Taxes

When is the deadline to file taxes Publication 907 - Main Content Table of Contents IncomeDependent Care Benefits Social Security and Railroad Retirement Benefits Disability Pensions Military and Government Disability Pensions Other Payments Itemized DeductionsMedical Expenses Impairment-Related Work Expenses Tax CreditsChild and Dependent Care Credit Credit for the Elderly or the Disabled Earned Income Credit Household Employers Business Tax Incentives How To Get Tax Help Income All income is taxable unless it is specifically excluded by law. When is the deadline to file taxes The following discussions highlight some income items (both taxable and nontaxable) that are of particular interest to people with disabilities and those who care for people with disabilities. When is the deadline to file taxes Dependent Care Benefits Dependent care benefits include: Amounts your employer paid directly to either you or your care provider for the care of your qualifying person(s) while you worked, The fair market value of care in a daycare facility provided or sponsored by your employer, and Pre-tax contributions you made under a dependent care flexible spending arrangement. When is the deadline to file taxes Exclusion or deduction. When is the deadline to file taxes   If your employer provides dependent care benefits under a qualified plan, you may be able to exclude these benefits from your income. When is the deadline to file taxes Your employer can tell you whether your benefit plan qualifies. When is the deadline to file taxes To claim the exclusion, you must complete Part III of Form 2441, Child and Dependent Care Expenses. When is the deadline to file taxes You cannot use Form 1040EZ. When is the deadline to file taxes   If you are self-employed and receive benefits from a qualified dependent care benefit plan, you are treated as both employer and employee. When is the deadline to file taxes Therefore, you would not get an exclusion from wages. When is the deadline to file taxes Instead, you would get a deduction on Form 1040, Schedule C, line 14; Schedule E, line 19 or 28; or Schedule F, line 15. When is the deadline to file taxes To claim the deduction, you must use Form 2441. When is the deadline to file taxes   The amount you can exclude or deduct is limited to the smallest of: The total amount of dependent care benefits you received during the year, The total amount of qualified expenses you incurred during the year, Your earned income, Your spouse's earned income, or $5,000 ($2,500 if married filing separately). When is the deadline to file taxes Statement for employee. When is the deadline to file taxes   Your employer must give you a Form W-2 (or similar statement), showing in box 10 the total amount of dependent care benefits provided to you during the year under a qualified plan. When is the deadline to file taxes Your employer will also include any dependent care benefits over $5,000 in your wages shown on your Form W-2 in box 1. When is the deadline to file taxes Qualifying person(s). When is the deadline to file taxes   A qualifying person is: A qualifying child who is under age 13 whom you can claim as a dependent. When is the deadline to file taxes If the child turned 13 during the year, the child is a qualifying person for the part of the year he or she was under age 13. When is the deadline to file taxes Your disabled spouse who is not physically or mentally able to care for himself or herself. When is the deadline to file taxes Any disabled person who was not physically or mentally able to care for himself or herself whom you can claim as a dependent (or could claim as a dependent except that the person had gross income of $3,900 or more or filed a joint return). When is the deadline to file taxes Any disabled person who was not physically or mentally able to care for himself or herself whom you could claim as a dependent except that you (or your spouse if filing jointly) could be claimed as a dependent on another taxpayer's 2013 return. When is the deadline to file taxes For information about excluding benefits on Form 1040, Form 1040NR, or Form 1040A, see Form 2441 and its instructions. When is the deadline to file taxes Social Security and Railroad Retirement Benefits If you received social security or equivalent Tier 1 railroad retirement (RRTA) benefits during the year, part of the amount you received may be taxable. When is the deadline to file taxes Are any of your benefits taxable?   If the only income you received during the year was your social security or equivalent Tier 1 railroad retirement (RRTA) benefits, your benefits generally are not taxable. When is the deadline to file taxes   If you received income during the year in addition to social security or equivalent Tier 1 railroad retirement (RRTA) benefits, part of your benefits may be taxable if all of your other income, including tax-exempt interest, plus half of your benefits are more than: $25,000 if you are single, head of household, or qualifying widow(er), $25,000 if you are married filing separately and lived apart from your spouse for all of 2013, $32,000 if you are married filing jointly, or $-0- if you are married filing separately and lived with your spouse at any time during 2013. When is the deadline to file taxes   For more information, see the instructions for Form 1040, lines 20a and 20b, or Form 1040A, lines 14a and 14b. When is the deadline to file taxes Publication 915, Social Security and Equivalent Railroad Retirement Benefits, contains more detailed information. When is the deadline to file taxes Supplemental security income (SSI) payments. When is the deadline to file taxes   Social security benefits do not include SSI payments, which are not taxable. When is the deadline to file taxes Do not include these payments in your income. When is the deadline to file taxes Disability Pensions If you retired on disability, you must include in income any disability pension you receive under a plan that is paid for by your employer. When is the deadline to file taxes You must report your taxable disability payments as wages on line 7 of Form 1040 or Form 1040A until you reach minimum retirement age. When is the deadline to file taxes Minimum retirement age generally is the age at which you can first receive a pension or annuity if you are not disabled. When is the deadline to file taxes You may be entitled to a tax credit if you were permanently and totally disabled when you retired. When is the deadline to file taxes For information on this credit, see Publication 524, Credit for the Elderly or the Disabled. When is the deadline to file taxes Beginning on the day after you reach minimum retirement age, payments you receive are taxable as a pension or annuity. When is the deadline to file taxes Report the payments on lines 16a and 16b of Form 1040 or on lines 12a and 12b of Form 1040A. When is the deadline to file taxes For more information on pensions and annuities, see Publication 575, Pension and Annuity Income. When is the deadline to file taxes Retirement and profit-sharing plans. When is the deadline to file taxes   If you receive payments from a retirement or profit-sharing plan that does not provide for disability retirement, do not treat the payments as a disability pension. When is the deadline to file taxes The payments must be reported as a pension or annuity. When is the deadline to file taxes Accrued leave payment. When is the deadline to file taxes   If you retire on disability, any lump-sum payment you receive for accrued annual leave is a salary payment. When is the deadline to file taxes The payment is not a disability payment. When is the deadline to file taxes Include it in your income in the tax year you receive it. When is the deadline to file taxes See Publication 525, Taxable and Nontaxable Income, for more information. When is the deadline to file taxes Military and Government Disability Pensions Generally, you must report disability pensions as income, but do not include certain military and government disability pensions. When is the deadline to file taxes For information about military and government disability pensions, see Publication 525. When is the deadline to file taxes VA disability benefits. When is the deadline to file taxes   Do not include disability benefits you receive from the Department of Veterans Affairs (VA) in your gross income. When is the deadline to file taxes If you are a military retiree and do not receive your disability benefits from the VA, see Publication 525 for more information. When is the deadline to file taxes   Do not include in your income any veterans' benefits paid under any law, regulation, or administrative practice administered by the VA. When is the deadline to file taxes These include: Education, training, and subsistence allowances, Disability compensation and pension payments for disabilities paid either to veterans or their families, Grants for homes designed for wheelchair living, Grants for motor vehicles for veterans who lost their sight or the use of their limbs, Veterans' insurance proceeds and dividends paid either to veterans or their beneficiaries, including the proceeds of a veteran's endowment policy paid before death, Interest on insurance dividends left on deposit with the VA, Benefits under a dependent-care assistance program, The death gratuity paid to a survivor of a member of the Armed Forces who died after September 10, 2001, or Payments made under the VA's compensated work therapy program. When is the deadline to file taxes Other Payments You may receive other payments that are related to your disability. When is the deadline to file taxes The following payments are not taxable. When is the deadline to file taxes Benefit payments from a public welfare fund, such as payments due to blindness. When is the deadline to file taxes Workers' compensation for an occupational sickness or injury if paid under a workers' compensation act or similar law. When is the deadline to file taxes Compensatory (but not punitive) damages for physical injury or physical sickness. When is the deadline to file taxes Disability benefits under a “no-fault” car insurance policy for loss of income or earning capacity as a result of injuries. When is the deadline to file taxes Compensation for permanent loss or loss of use of a part or function of your body, or for your permanent disfigurement. When is the deadline to file taxes Long-Term Care Insurance Long-term care insurance contracts generally are treated as accident and health insurance contracts. When is the deadline to file taxes Amounts you receive from them (other than policyholder dividends or premium refunds) generally are excludable from income as amounts received for personal injury or sickness. When is the deadline to file taxes More detailed information can be found in Publication 525. When is the deadline to file taxes Accelerated Death Benefits You can exclude from income accelerated death benefits you receive on the life of an insured individual if certain requirements are met. When is the deadline to file taxes Accelerated death benefits are amounts received under a life insurance contract before the death of the insured. When is the deadline to file taxes These benefits also include amounts received on the sale or assignment of the contract to a viatical settlement provider. When is the deadline to file taxes This exclusion applies only if the insured was a terminally ill individual or a chronically ill individual. When is the deadline to file taxes For more information, see Publication 525. When is the deadline to file taxes Itemized Deductions If you file Form 1040, you generally can either claim the standard deduction or itemize your deductions. When is the deadline to file taxes You must use Schedule A (Form 1040) to itemize your deductions. When is the deadline to file taxes See your form instructions for information on the standard deduction and the deductions you can itemize. When is the deadline to file taxes The following discussions highlight some itemized deductions that are of particular interest to persons with disabilities. When is the deadline to file taxes Medical Expenses When figuring your deduction for medical expenses, you can generally include medical and dental expenses you pay for yourself, your spouse, and your dependents. When is the deadline to file taxes Medical expenses are the cost of diagnosis, cure, mitigation, treatment, or prevention of disease and the costs for treatments affecting any part or function of the body. When is the deadline to file taxes They include the costs of equipment, supplies, diagnostic devices, and transportation for needed medical care and payments for medical insurance. When is the deadline to file taxes You can deduct only the amount of your medical and dental expenses that is more than 10% (7. When is the deadline to file taxes 5% if either you or your spouse was born before January 2, 1949) of your adjusted gross income shown on Form 1040, line 38. When is the deadline to file taxes The following list highlights some of the medical expenses you can include in figuring your medical expense deduction. When is the deadline to file taxes For more detailed information, see Publication 502, Medical and Dental Expenses (Including the Health Coverage Tax Credit). When is the deadline to file taxes Artificial limbs, contact lenses, eyeglasses, and hearing aids. When is the deadline to file taxes The part of the cost of Braille books and magazines that is more than the price of regular printed editions. When is the deadline to file taxes Cost and repair of special telephone equipment for hearing-impaired persons. When is the deadline to file taxes Cost and maintenance of a wheelchair or a three-wheel motor vehicle commercially known as an “autoette. When is the deadline to file taxes ” Cost and care of a guide dog or other animal aiding a person with a physical disability. When is the deadline to file taxes Costs for a school that furnishes special education if a principal reason for using the school is its resources for relieving a mental or physical disability. When is the deadline to file taxes This includes the cost of teaching Braille and lip reading and the cost of remedial language training to correct a condition caused by a birth defect. When is the deadline to file taxes Premiums for qualified long-term care insurance, up to certain amounts. When is the deadline to file taxes Improvements to a home that do not increase its value if the main purpose is medical care. When is the deadline to file taxes An example is constructing entrance or exit ramps. When is the deadline to file taxes Improvements that increase a home's value, if the main purpose is medical care, may be partly included as a medical expense. When is the deadline to file taxes See Publication 502 for more information. When is the deadline to file taxes Impairment-Related Work Expenses If you are disabled, you can take a business deduction for expenses that are necessary for you to be able to work. When is the deadline to file taxes If you take a business deduction for these impairment-related work expenses, they are not subject to the 10% (7. When is the deadline to file taxes 5% if you or your spouse is age 65 or older) limit that applies to medical expenses. When is the deadline to file taxes You are disabled if you have: A physical or mental disability (for example, blindness or deafness) that functionally limits your being employed, or A physical or mental impairment (including, but not limited to, a sight or hearing impairment) that substantially limits one or more of your major life activities, such as performing manual tasks, walking, speaking, breathing, learning, or working. When is the deadline to file taxes Impairment-related expenses defined. When is the deadline to file taxes   Impairment-related expenses are those ordinary and necessary business expenses that are: Necessary for you to do your work satisfactorily, For goods and services not required or used, other than incidentally, in your personal activities, and Not specifically covered under other income tax laws. When is the deadline to file taxes Publication 502 contains more detailed information. When is the deadline to file taxes Tax Credits This discussion highlights three tax credits that may be of interest to people with disabilities and those who care for people with disabilities. When is the deadline to file taxes Child and Dependent Care Credit If you pay someone to care for either your dependent under age 13 or your spouse or dependent who is not able to care for himself or herself, you may be able to get a credit of up to 35% of your expenses. When is the deadline to file taxes To qualify, you must pay these expenses so you can work or look for work. When is the deadline to file taxes The care must be provided for: Your qualifying child who is your dependent and who was under age 13 when the care was provided, Your spouse who was not physically or mentally able to care for himself or herself and lived with you for more than half the year, or A person who was not physically or mentally able to care for himself or herself, lived with you for more than half the year, and either: Was your dependent, or Would have been your dependent except that: He or she received gross income of $3,900 or more, He or she filed a joint return, or You, or your spouse if filing jointly, could be claimed as a dependent on someone else's 2013 return. When is the deadline to file taxes You can claim the credit on Form 1040 or 1040A. When is the deadline to file taxes You cannot claim the credit on Form 1040EZ or Form 1040NR-EZ. When is the deadline to file taxes You figure the credit on Form 2441. When is the deadline to file taxes For more information, see the instructions for Form 1040, line 48, or Form 1040A, line 29. When is the deadline to file taxes Publication 503, Child and Dependent Care Expenses, contains more detailed information. When is the deadline to file taxes Credit for the Elderly or the Disabled You may be able to claim this credit if you are a U. When is the deadline to file taxes S. When is the deadline to file taxes citizen or a resident alien and either of the following apply. When is the deadline to file taxes You were 65 or older at the end of 2013, You were under 65 at the end of 2013, and retired on permanent or total disability. When is the deadline to file taxes You can claim the credit on Form 1040 or 1040A. When is the deadline to file taxes You figure the credit on Schedule R. When is the deadline to file taxes For more information, see the instructions for Form 1040, line 53, or Form 1040A, line 30. When is the deadline to file taxes Publication 524, Credit for the Elderly or the Disabled, contains more detailed information. When is the deadline to file taxes Earned Income Credit This credit is based on the amount of your earned income. When is the deadline to file taxes You can get the credit if your adjusted gross income for 2013 is less than: $14,340 ($19,680 for married filing jointly) if you do not have a qualifying child, $37,870 ($43,210 for married filing jointly) if you have one qualifying child, $43,038 ($48,378 for married filing jointly) if you have two qualifying children, or $46,227 ($51,567 for married filing jointly) if you have three or more qualifying children. When is the deadline to file taxes To figure the credit, use the worksheet in the instructions for Form 1040, 1040A, or 1040EZ. When is the deadline to file taxes If you have a qualifying child, also complete Schedule EIC, Earned Income Credit, and attach it to your Form 1040 or 1040A. When is the deadline to file taxes You cannot use Form 1040EZ if you have a qualifying child. When is the deadline to file taxes Qualifying child. When is the deadline to file taxes   To be a qualifying child, your child must be younger than you (or your spouse if married filing jointly) and under age 19 or a full-time student under age 24 at the end of 2013, or permanently and totally disabled at any time during 2013, regardless of age. When is the deadline to file taxes Earned income. When is the deadline to file taxes   If you are retired on disability, benefits you receive under your employer's disability retirement plan are considered earned income until you reach minimum retirement age. When is the deadline to file taxes However, payments you received from a disability insurance policy that you paid the premiums for are not earned income. When is the deadline to file taxes More information. When is the deadline to file taxes   For more information, including all the requirements to claim the earned income credit, see the instructions for Form 1040, line 64a; Form 1040A, line 38a; or Form 1040EZ, line 8a. When is the deadline to file taxes Publication 596, Earned Income Credit (EIC), contains more detailed information. When is the deadline to file taxes Household Employers If you pay someone to work in your home, such as a babysitter or housekeeper, you may be a household employer who has to pay employment taxes. When is the deadline to file taxes A person you hire through an agency is not your employee if the agency controls what work is done and how it is done. When is the deadline to file taxes This control could include setting the fee, requiring regular reports, and providing rules of conduct and appearance. When is the deadline to file taxes In this case you do not have to pay employment taxes on the amount you pay. When is the deadline to file taxes But if you control what work is done and how it is done, the worker is your employee. When is the deadline to file taxes If you possess the right to discharge a worker, that worker is generally considered to be your employee. When is the deadline to file taxes If a worker is your employee, it does not matter that you hired the worker through an agency or from a list provided by an agency. When is the deadline to file taxes To find out if you have to pay employment taxes, see Publication 926, Household Employer's Tax Guide For Wages Paid in 2013. When is the deadline to file taxes Business Tax Incentives If you own or operate a business, or you are looking for work, you should be aware of the following tax incentives for businesses to help persons with disabilities. When is the deadline to file taxes Deduction for costs of removing barriers to the disabled and the elderly—This is a deduction a business can take for making a facility or public transportation vehicle more accessible to and usable by persons who are disabled or elderly. When is the deadline to file taxes For more information, see chapter 7 of Publication 535, Business Expenses. When is the deadline to file taxes Disabled access credit—This is a nonrefundable tax credit for an eligible small business that pays or incurs expenses to provide access to persons with disabilities. When is the deadline to file taxes The expenses must be to enable the eligible small business to comply with the Americans With Disabilities Act of 1990. When is the deadline to file taxes See Form 8826, Disabled Access Credit, for more information. When is the deadline to file taxes Work opportunity credit—This credit provides businesses with an incentive to hire individuals from targeted groups that have a particularly high unemployment rate or other special employment needs. When is the deadline to file taxes One targeted group consists of vocational rehabilitation referrals. When is the deadline to file taxes These are individuals who have a physical or mental disability that results in a substantial handicap to employment. When is the deadline to file taxes See Form 5884, Work Opportunity Credit. When is the deadline to file taxes How To Get Tax Help Go online, use a smart phone, call or walk in to an office near you. When is the deadline to file taxes Whether it's help with a tax issue, preparing your tax return or picking up a free publication or form, get the help you need the way you want it. When is the deadline to file taxes Free help with your tax return. When is the deadline to file taxes   Free help in preparing your return is available nationwide from IRS-certified volunteers. When is the deadline to file taxes The Volunteer Income Tax Assistance (VITA) program is designed to help low-to-moderate income, elderly, persons with disabilities, and limited English proficient taxpayers. When is the deadline to file taxes The Tax Counseling for the Elderly (TCE) program is designed to assist taxpayers age 60 and older with their tax returns. When is the deadline to file taxes Most VITA and TCE sites offer free electronic filing and all volunteers will let you know about credits and deductions you may be entitled to claim. When is the deadline to file taxes Some VITA and TCE sites provide taxpayers the opportunity to prepare their return with the assistance of an IRS-certified volunteer. When is the deadline to file taxes To find the nearest VITA or TCE site, visit IRS. When is the deadline to file taxes gov or call 1-800-906-9887. When is the deadline to file taxes   As part of the TCE program, AARP offers the Tax-Aide counseling program. When is the deadline to file taxes To find the nearest AARP Tax-Aide site, visit AARP's website at www. When is the deadline to file taxes aarp. When is the deadline to file taxes org/money/taxaide or call 1-888-227-7669. When is the deadline to file taxes   For more information on these programs, go to IRS. When is the deadline to file taxes gov and enter “VITA” in the search box. When is the deadline to file taxes Internet. When is the deadline to file taxes IRS. When is the deadline to file taxes gov and IRS2Go are ready when you are — every day, every night, 24 hours a day, 7 days a week. When is the deadline to file taxes Apply for an Employer Identification Number (EIN). When is the deadline to file taxes Go to IRS. When is the deadline to file taxes gov and enter Apply for an EIN in the search box. When is the deadline to file taxes Request an Electronic Filing PIN by going to IRS. When is the deadline to file taxes gov and entering Electronic Filing PIN in the search box. When is the deadline to file taxes Check the status of your 2013 refund with Where's My Refund? Go to IRS. When is the deadline to file taxes gov or the IRS2Go app, and click on Where's My Refund? You'll get a personalized refund date as soon as the IRS processes your tax return and approves your refund. When is the deadline to file taxes If you e-file, your refund status is usually available within 24 hours after the IRS receives your tax return or 4 weeks after you've mailed a paper return. When is the deadline to file taxes Check the status of your amended return. When is the deadline to file taxes Go to IRS. When is the deadline to file taxes gov and enter Where's My Amended Return in the search box. When is the deadline to file taxes Download forms, instructions, and publications, including some accessible versions. When is the deadline to file taxes Order free transcripts of your tax returns or tax account using the Order a Transcript tool on IRS. When is the deadline to file taxes gov or IRS2Go. When is the deadline to file taxes Tax return and tax account transcripts are generally available for the current year and past three years. When is the deadline to file taxes Figure your income tax withholding with the IRS Withholding Calculator on IRS. When is the deadline to file taxes gov. When is the deadline to file taxes Use it if you've had too much or too little withheld, your personal situation has changed, you're starting a new job or you just want to see if you're having the right amount withheld. When is the deadline to file taxes Determine if you might be subject to the Alternative Minimum Tax by using the Alternative Minimum Tax Assistant on IRS. When is the deadline to file taxes gov. When is the deadline to file taxes Locate the nearest Taxpayer Assistance Center using the Office Locator tool on IRS. When is the deadline to file taxes gov or IRS2Go. When is the deadline to file taxes Stop by most business days for face-to-face tax help, no appointment necessary — just walk in. When is the deadline to file taxes An employee can explain IRS letters, request adjustments to your tax account or help you set up a payment plan. When is the deadline to file taxes Before you visit, check the Office Locator for the address, phone number, hours of operation and the services provided. When is the deadline to file taxes If you have an ongoing tax account problem or a special need, such as a disability, you can request an appointment. When is the deadline to file taxes Call the local number listed in the Office Locator, or look in the phone book under United States Government, Internal Revenue Service. When is the deadline to file taxes Locate the nearest volunteer help site with the VITA Locator Tool on IRS. When is the deadline to file taxes gov. When is the deadline to file taxes Low-to-moderate income, elderly, persons with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. When is the deadline to file taxes The Tax Counseling for the Elderly (TCE) program helps taxpayers 60 and older with their tax returns. When is the deadline to file taxes Most VITA and TCE sites offer free electronic filing and some provide IRS-certified volunteers who can help prepare your tax return. When is the deadline to file taxes AARP offers the Tax-Aide counseling program as part of the TCE program. When is the deadline to file taxes Visit AARP's website to find the nearest Tax-Aide location. When is the deadline to file taxes Research your tax questions. When is the deadline to file taxes Search publications and instructions by topic or keyword. When is the deadline to file taxes Read the Internal Revenue Code, regulations, or other official guidance. When is the deadline to file taxes Read Internal Revenue Bulletins. When is the deadline to file taxes Sign up to receive local and national tax news by email. When is the deadline to file taxes Phone. When is the deadline to file taxes You can call the IRS, or you can carry it in your pocket with the IRS2Go app on your smart phone or tablet. When is the deadline to file taxes Download the free IRS2Go mobile app from the iTunes app store or from Google Play. When is the deadline to file taxes Use it to watch the IRS YouTube channel, get IRS news as soon as it's released to the public, order transcripts of your tax returns or tax account, check your refund status, subscribe to filing season updates or daily tax tips, and follow the IRS Twitter news feed, @IRSnews, to get the latest federal tax news, including information about tax law changes and important IRS programs. When is the deadline to file taxes Call to locate the nearest volunteer help site, 1-800-906-9887. When is the deadline to file taxes Low-to-moderate income, elderly, persons with disabilities, and limited English proficient taxpayers can get free help with their tax return from the nationwide Volunteer Income Tax Assistance (VITA) program. When is the deadline to file taxes The Tax Counseling for the Elderly (TCE) program helps taxpayers 60 and older with their tax returns. When is the deadline to file taxes Most VITA and TCE sites offer free electronic filing. When is the deadline to file taxes Some VITA and TCE sites provide IRS-certified volunteers who can help prepare your tax return. When is the deadline to file taxes Through the TCE program, AARP offers the Tax-Aide counseling program; call 1-888-227-7669 to find the nearest Tax-Aide location. When is the deadline to file taxes Call to check the status of your 2013 refund, 1-800-829-1954 or 1-800-829-4477. When is the deadline to file taxes The automated Where's My Refund? information is available 24 hours a day, 7 days a week. When is the deadline to file taxes If you e-file, your refund status is usually available within 24 hours after the IRS receives your tax return or 4 weeks after you've mailed a paper return. When is the deadline to file taxes Before you call, have your 2013 tax return handy so you can provide your social security number, your filing status, and the exact whole dollar amount of your refund. When is the deadline to file taxes Where's My Refund? can give you a personalized refund date as soon as the IRS processes your tax return and approves your refund. When is the deadline to file taxes Where's My Refund? includes information for the most recent return filed in the current year and does not include information about amended returns. When is the deadline to file taxes Call the Amended Return Hotline, 1-866-464-2050, to check the status of your amended return. When is the deadline to file taxes Call to order forms, instructions and publications, 1-800-TAX-FORM (1-800-829-3676) to order current-year forms, instructions and publications, and prior-year forms and instructions (limited to 5 years). When is the deadline to file taxes You should receive your order within 10 business days. When is the deadline to file taxes Call to order transcripts of your tax returns or tax account, 1-800-908-9946. When is the deadline to file taxes Follow the prompts to provide your Social Security Number or Individual Taxpayer Identification Number, date of birth, street address and ZIP code. When is the deadline to file taxes Call for TeleTax topics, 1-800-829-4477, to listen to pre-recorded messages covering various tax topics. When is the deadline to file taxes Call to ask tax questions, 1-800-829-1040. When is the deadline to file taxes Call using TTY/TDD equipment, 1-800-829-4059 to ask tax questions or order forms and publications. When is the deadline to file taxes The TTY/TDD telephone number is for people who are deaf, hard of hearing, or have a speech disability. When is the deadline to file taxes These individuals can also contact the IRS through relay services such as the Federal Relay Service available at www. When is the deadline to file taxes gsa. When is the deadline to file taxes gov/fedrelay. When is the deadline to file taxes Walk-in. When is the deadline to file taxes You can find a selection of forms, publications and services — in-person, face-to-face. When is the deadline to file taxes Products. When is the deadline to file taxes You can walk in to some post offices, libraries, and IRS offices to pick up certain forms, instructions, and publications. When is the deadline to file taxes Some IRS offices, libraries, and city and county government offices have a collection of products available to photocopy from reproducible proofs. When is the deadline to file taxes Services. When is the deadline to file taxes You can walk in to your local TAC most business days for personal, face-to-face tax help. When is the deadline to file taxes An employee can explain IRS letters, request adjustments to your tax account, or help you set up a payment plan. When is the deadline to file taxes If you need to resolve a tax problem, have questions about how the tax law applies to your individual tax return, or you are more comfortable talking with someone in person, visit your local TAC where you can talk with an IRS representative face-to-face. When is the deadline to file taxes No appointment is necessary—just walk in. When is the deadline to file taxes Before visiting, check www. When is the deadline to file taxes irs. When is the deadline to file taxes gov/localcontacts for hours of operation and services provided. When is the deadline to file taxes Mail. When is the deadline to file taxes You can send your order for forms, instructions, and publications to the address below. When is the deadline to file taxes You should receive a response within 10 business days after your request is received. When is the deadline to file taxes  Internal Revenue Service 1201 N. When is the deadline to file taxes Mitsubishi Motorway Bloomington, IL 61705-6613 The Taxpayer Advocate Service Is Here to Help You. When is the deadline to file taxes   The Taxpayer Advocate Service (TAS) is your voice at the IRS. When is the deadline to file taxes Our job is to ensure that every taxpayer is treated fairly and that you know and understand your rights. When is the deadline to file taxes What can TAS do for you?   We can offer you free help with IRS problems that you can't resolve on your own. When is the deadline to file taxes We know this process can be confusing, but the worst thing you can do is nothing at all! TAS can help if you can't resolve your tax problem and: Your problem is causing financial difficulties for you, your family, or your business. When is the deadline to file taxes You face (or your business is facing) an immediate threat of adverse action. When is the deadline to file taxes You've tried repeatedly to contact the IRS but no one has responded, or the IRS hasn't responded by the date promised. When is the deadline to file taxes   If you qualify for our help, you'll be assigned to one advocate who'll be with you at every turn and will do everything possible to resolve your problem. When is the deadline to file taxes Here's why we can help: TAS is an independent organization within the IRS. When is the deadline to file taxes Our advocates know how to work with the IRS. When is the deadline to file taxes Our services are free and tailored to meet your needs. When is the deadline to file taxes We have offices in every state, the District of Columbia, and Puerto Rico. When is the deadline to file taxes How can you reach us?   If you think TAS can help you, call your local advocate, whose number is in your local directory and at www. When is the deadline to file taxes irs. When is the deadline to file taxes gov/advocate, or call us toll-free at 1-877-777-4778. When is the deadline to file taxes How else does TAS help taxpayers?   TAS also works to resolve large-scale, systemic problems that affect many taxpayers. When is the deadline to file taxes If you know of one of these broad issues, please report it to us through our Systemic Advocacy Management System at www. When is the deadline to file taxes irs. When is the deadline to file taxes gov/sams. When is the deadline to file taxes Low Income Taxpayer Clinics. When is the deadline to file taxes   Low Income Taxpayer Clinics (LITCs) serve individuals whose income is below a certain level and need to resolve tax problems such as audits, appeals, and tax collection disputes. When is the deadline to file taxes Some clinics can provide information about taxpayer rights and responsibilities in different languages for individuals who speak English as a second language. When is the deadline to file taxes Visit www. When is the deadline to file taxes TaxpayerAdvocate. When is the deadline to file taxes irs. When is the deadline to file taxes gov or see IRS Publication 4134, Low Income Taxpayer Clinic List. When is the deadline to file taxes Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Understanding Your CP152A Notice

We received your Form 8038-CP, Return for Credit Payments to Issuers of Qualified Bonds and provides an explanation for the reduced credit payment amount.


What you need to do

  • You don’t need to do anything.

You may want to...

  • Keep a copy of this notice for your records.

Will I receive a notice for each Form 8038-CP I filed?

  • Yes. We'll send a separate acknowledgement for each form.

Answers to Common Questions

Why was my credit payment reduced?
In accordance with the requirements of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended, certain automatic reductions take place as of March 1, 2013.


As determined by the Office of Management and Budget, these required reductions include a reduction to refundable credits under section 6431 of the Internal Revenue Code applicable to certain qualified bonds. The sequester reduction is applied to section 6431 amounts claimed by an issuer on any Form 8038-CP filed with the Service which results in an obligation to such issuer on or after March 1, 2013.


As a result, the refundable portion of your claim will be reduced by 8.7% percent. The sequestration rate will be applied until the end of the fiscal year (September 30, 2013), or intervening Congressional action, at which time the sequestration rate is subject to change.

Can I appeal the decision to reduce my refund?
Reduction in the amount of your refund is required of the Balanced Budget and Emergency Deficit Control Act of 1985, as amended and can't be appealed.

Page Last Reviewed or Updated: 26-Mar-2014

Printable samples of this notice (PDF)

 

 

How to get help

  • Call the 1-800 number listed on the top right corner of your notice.
  • Authorize someone (e.g., accountant) to contact the IRS on your behalf using Form 2848.
  • See if you qualify for help from a Low Income Taxpayer Clinic.
     

The When Is The Deadline To File Taxes

When is the deadline to file taxes 3. When is the deadline to file taxes   Limit on Annual Additions Table of Contents Ministers and church employees. When is the deadline to file taxes Includible Compensation for Your Most Recent Year of ServiceMost Recent Year of Service Includible Compensation The first component of MAC is the limit on annual additions. When is the deadline to file taxes This is a limit on the total contributions (elective deferrals, nonelective contributions, and after-tax contributions) that can be made to your 403(b) account. When is the deadline to file taxes The limit on annual additions generally is the lesser of: $51,000 for 2013 and $52,000 for 2014, or 100% of your includible compensation for your most recent year of service. When is the deadline to file taxes More than one 403(b) account. When is the deadline to file taxes If you contributed to more than one 403(b) account, you must combine the contributions made to all 403(b) accounts on your behalf by your employer. When is the deadline to file taxes Ministers and church employees. When is the deadline to file taxes   If you are a minister or a church employee, you may be able to increase your limit on annual additions or use different rules when figuring your limit on annual additions. When is the deadline to file taxes For more information, see chapter 5. When is the deadline to file taxes Participation in a qualified plan. When is the deadline to file taxes If you participated in a 403(b) plan and a qualified plan, you must combine contributions made to your 403(b) account with contributions to a qualified plan and simplified employee pensions of all corporations, partnerships, and sole proprietorships in which you have more than 50% control. When is the deadline to file taxes You can use Part I of Worksheet 1 in chapter 9 to figure your limit on annual additions. When is the deadline to file taxes Includible Compensation for Your Most Recent Year of Service Definition. When is the deadline to file taxes   Generally, includible compensation for your most recent year of service is the amount of taxable wages and benefits you received from the employer that maintained a 403(b) account for your benefit during your most recent year of service. When is the deadline to file taxes When figuring your includible compensation for your most recent year of service, keep in mind that your most recent year of service may not be the same as your employer's most recent annual work period. When is the deadline to file taxes This can happen if your tax year is not the same as your employer's annual work period. When is the deadline to file taxes When figuring includible compensation for your most recent year of service, do not mix compensation or service of one employer with compensation or service of another employer. When is the deadline to file taxes Most Recent Year of Service Your most recent year of service is your last full year of service, ending on the last day of your tax year that you worked for the employer that maintained a 403(b) account on your behalf. When is the deadline to file taxes Tax year different from employer's annual work period. When is the deadline to file taxes   If your tax year is not the same as your employer's annual work period, your most recent year of service is made up of parts of at least two of your employer's annual work periods. When is the deadline to file taxes Example. When is the deadline to file taxes A professor who reports her income on a calendar-year basis is employed on a full-time basis by a university that operates on an academic year (October through May). When is the deadline to file taxes To figure her includible compensation for 2013, the professor's most recent year of service is her service from January through May 2013 and from October through December 2013. When is the deadline to file taxes Figuring Your Most Recent Year of Service To figure your most recent year of service, begin by determining what is a full year of service for your position. When is the deadline to file taxes A full year of service is equal to full-time employment for your employer's annual work period. When is the deadline to file taxes After identifying a full year of service, begin counting the service you have provided for your employer starting with the service provided in the current year. When is the deadline to file taxes Part-time or employed only part of the year. When is the deadline to file taxes   If you are a part-time or a full-time employee who is employed for only part of the year, your most recent year of service is your service this year and your service for as many previous years as is necessary to total 1 full year of service. When is the deadline to file taxes To determine your most recent year of service, add the following periods of service: Your service during the year for which you are figuring the limit on annual additions, and Your service during your preceding tax years until the total service equals 1 year of service or you have figured all of your service with the employer. When is the deadline to file taxes Example. When is the deadline to file taxes You were employed on a full-time basis from July through December 2011 (1/2 year of service), July through December 2012 (1/2 year of service), and October through December 2013 (1/4 year of service). When is the deadline to file taxes Your most recent year of service for computing your limit on annual additions for 2013 is the total of your service during 2013 (1/4 year of service), your service during 2012 (1/2 year of service), and your service during the months October through December 2011 (1/4 year of service). When is the deadline to file taxes Not yet employed for 1 year. When is the deadline to file taxes   If, at the close of the year, you have not yet worked for your employer for 1 year (including time you worked for the same employer in all earlier years), use the period of time you have worked for the employer as your most recent year of service. When is the deadline to file taxes Includible Compensation After identifying your most recent year of service, the next step is to identify the includible compensation associated with that full year of service. When is the deadline to file taxes Includible compensation is not the same as income included on your tax return. When is the deadline to file taxes Compensation is a combination of income and benefits received in exchange for services provided to your employer. When is the deadline to file taxes Generally, includible compensation is the amount of income and benefits: Received from the employer who maintains your 403(b) account, and Must be included in your income. When is the deadline to file taxes Includible compensation includes the following amounts. When is the deadline to file taxes Elective deferrals (employer's contributions made on your behalf under a salary reduction agreement). When is the deadline to file taxes Amounts contributed or deferred by your employer under a section 125 cafeteria plan. When is the deadline to file taxes Amounts contributed or deferred, at the election of the employee, under an eligible section 457 nonqualified deferred compensation plan (state or local government or tax-exempt organization plan). When is the deadline to file taxes  Note. When is the deadline to file taxes For information about treating elective deferrals under section 457 plans as Roth contributions, see Publication 575. When is the deadline to file taxes Wages, salaries, and fees for personal services earned with the employer maintaining your 403(b) account. When is the deadline to file taxes Income otherwise excluded under the foreign earned income exclusion. When is the deadline to file taxes Pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan. When is the deadline to file taxes Includible compensation does not include the following items. When is the deadline to file taxes Your employer's contributions to your 403(b) account. When is the deadline to file taxes Compensation earned while your employer was not an eligible employer. When is the deadline to file taxes Your employer's contributions to a qualified plan that: Are on your behalf, and Are excludable from income. When is the deadline to file taxes The cost of incidental life insurance. When is the deadline to file taxes See Cost of Incidental Life Insurance, later. When is the deadline to file taxes If you are a church employee or a foreign missionary, figure includible compensation using the rules explained in chapter 5. When is the deadline to file taxes Contributions after retirement. When is the deadline to file taxes   Nonelective contributions may be made for an employee for up to 5 years after retirement. When is the deadline to file taxes These contributions would be based on includible compensation for the last year of service before retirement. When is the deadline to file taxes Cost of Incidental Life Insurance Includible compensation does not include the cost of incidental life insurance. When is the deadline to file taxes If all of your 403(b) accounts invest only in mutual funds, then you have no incidental life insurance. When is the deadline to file taxes If you have an annuity contract, a portion of the cost of that contract may be for incidental life insurance. When is the deadline to file taxes If so, the cost of the insurance is taxable to you in the year contributed and is considered part of your basis when distributed. When is the deadline to file taxes Your employer will include the cost of your insurance as taxable wages in box 1 of Form W-2. When is the deadline to file taxes Not all annuity contracts include life insurance. When is the deadline to file taxes Contact your plan administrator to determine if your contract includes incidental life insurance. When is the deadline to file taxes If it does, you will need to figure the cost of life insurance each year the policy is in effect. When is the deadline to file taxes Figuring the cost of incidental life insurance. When is the deadline to file taxes If you have determined that part of the cost of your annuity contract is for an incidental life insurance premium, you will need to determine the amount of the premium and subtract it from your includible compensation. When is the deadline to file taxes To determine the amount of the life insurance premiums, you will need to know the following information. When is the deadline to file taxes The value of your life insurance contract, which is the amount payable upon your death. When is the deadline to file taxes The cash value of your life insurance contract at the end of the tax year. When is the deadline to file taxes Your age on your birthday nearest the beginning of the policy year. When is the deadline to file taxes Your current life insurance protection under an ordinary retirement income life insurance policy, which is the amount payable upon your death minus the cash value of the contract at the end of the year. When is the deadline to file taxes You can use Worksheet A, in chapter 9, to determine the cost of your incidental life insurance. When is the deadline to file taxes Example. When is the deadline to file taxes Your new contract provides that your beneficiary will receive $10,000 if you should die before retirement. When is the deadline to file taxes Your cash value in the contract at the end of the first year is zero. When is the deadline to file taxes Your current life insurance protection for the first year is $10,000 ($10,000 − 0). When is the deadline to file taxes The cash value in the contract at the end of year two is $1,000, and the current life insurance protection for the second year is $9,000 ($10,000 – $1,000). When is the deadline to file taxes The 1-year cost of the protection can be calculated by using Figure 3-1, Table of One-Year Term Premiums for $1,000 Life Insurance Protection . When is the deadline to file taxes The premium rate is determined based on your age on your birthday nearest the beginning of the policy year. When is the deadline to file taxes Figure 3-1. When is the deadline to file taxes Table of One-Year Term Premiums for $1,000 Life Insurance Protection Age Cost   Age Cost   Age Cost 0 $0. When is the deadline to file taxes 70   35 $0. When is the deadline to file taxes 99   70 $20. When is the deadline to file taxes 62 1 0. When is the deadline to file taxes 41   36 1. When is the deadline to file taxes 01   71 22. When is the deadline to file taxes 72 2 0. When is the deadline to file taxes 27   37 1. When is the deadline to file taxes 04   72 25. When is the deadline to file taxes 07 3 0. When is the deadline to file taxes 19   38 1. When is the deadline to file taxes 06   73 27. When is the deadline to file taxes 57 4 0. When is the deadline to file taxes 13   39 1. When is the deadline to file taxes 07   74 30. When is the deadline to file taxes 18 5 0. When is the deadline to file taxes 13   40 1. When is the deadline to file taxes 10   75 33. When is the deadline to file taxes 05 6 0. When is the deadline to file taxes 14   41 1. When is the deadline to file taxes 13   76 36. When is the deadline to file taxes 33 7 0. When is the deadline to file taxes 15   42 1. When is the deadline to file taxes 20   77 40. When is the deadline to file taxes 17 8 0. When is the deadline to file taxes 16   43 1. When is the deadline to file taxes 29   78 44. When is the deadline to file taxes 33 9 0. When is the deadline to file taxes 16   44 1. When is the deadline to file taxes 40   79 49. When is the deadline to file taxes 23 10 0. When is the deadline to file taxes 16   45 1. When is the deadline to file taxes 53   80 54. When is the deadline to file taxes 56 11 0. When is the deadline to file taxes 19   46 1. When is the deadline to file taxes 67   81 60. When is the deadline to file taxes 51 12 0. When is the deadline to file taxes 24   47 1. When is the deadline to file taxes 83   82 66. When is the deadline to file taxes 74 13 0. When is the deadline to file taxes 28   48 1. When is the deadline to file taxes 98   83 73. When is the deadline to file taxes 07 14 0. When is the deadline to file taxes 33   49 2. When is the deadline to file taxes 13   84 80. When is the deadline to file taxes 35 15 0. When is the deadline to file taxes 38   50 2. When is the deadline to file taxes 30   85 88. When is the deadline to file taxes 76 16 0. When is the deadline to file taxes 52   51 2. When is the deadline to file taxes 52   86 99. When is the deadline to file taxes 16 17 0. When is the deadline to file taxes 57   52 2. When is the deadline to file taxes 81   87 110. When is the deadline to file taxes 40 18 0. When is the deadline to file taxes 59   53 3. When is the deadline to file taxes 20   88 121. When is the deadline to file taxes 85 19 0. When is the deadline to file taxes 61   54 3. When is the deadline to file taxes 65   89 133. When is the deadline to file taxes 40 20 0. When is the deadline to file taxes 62   55 4. When is the deadline to file taxes 15   90 144. When is the deadline to file taxes 30 21 0. When is the deadline to file taxes 62   56 4. When is the deadline to file taxes 68   91 155. When is the deadline to file taxes 80 22 0. When is the deadline to file taxes 64   57 5. When is the deadline to file taxes 20   92 168. When is the deadline to file taxes 75 23 0. When is the deadline to file taxes 66   58 5. When is the deadline to file taxes 66   93 186. When is the deadline to file taxes 44 24 0. When is the deadline to file taxes 68   59 6. When is the deadline to file taxes 06   94 206. When is the deadline to file taxes 70 25 0. When is the deadline to file taxes 71   60 6. When is the deadline to file taxes 51   95 228. When is the deadline to file taxes 35 26 0. When is the deadline to file taxes 73   61 7. When is the deadline to file taxes 11   96 250. When is the deadline to file taxes 01 27 0. When is the deadline to file taxes 76   62 7. When is the deadline to file taxes 96   97 265. When is the deadline to file taxes 09 28 0. When is the deadline to file taxes 80   63 9. When is the deadline to file taxes 08   98 270. When is the deadline to file taxes 11 29 0. When is the deadline to file taxes 83   64 10. When is the deadline to file taxes 41   99 281. When is the deadline to file taxes 05 30 0. When is the deadline to file taxes 87   65 11. When is the deadline to file taxes 90       31 0. When is the deadline to file taxes 90   66 13. When is the deadline to file taxes 51       32 0. When is the deadline to file taxes 93   67 15. When is the deadline to file taxes 20       33 0. When is the deadline to file taxes 96   68 16. When is the deadline to file taxes 92       34 0. When is the deadline to file taxes 98   69 18. When is the deadline to file taxes 70                       If the current published premium rates per $1,000 of insurance protection charged by an insurer for individual 1-year term life insurance premiums available to all standard risks are lower than those in the preceding table, you can use the lower rates for figuring the cost of insurance in connection with individual policies issued by the same insurer. When is the deadline to file taxes Example 1. When is the deadline to file taxes Lynne Green, age 44, and her employer enter into a 403(b) plan that will provide her with a $500 a month annuity upon retirement at age 65. When is the deadline to file taxes The agreement also provides that if she should die before retirement, her beneficiary will receive the greater of $20,000 or the cash surrender value in the life insurance contract. When is the deadline to file taxes Using the facts presented we can determine the cost of Lynne's life insurance protection as shown in Table 3-1. When is the deadline to file taxes Lynne's employer has included $28 for the cost of the life insurance protection in her current year's income. When is the deadline to file taxes When figuring her includible compensation for this year, Lynne will subtract $28. When is the deadline to file taxes Table 3-1. When is the deadline to file taxes Worksheet A. When is the deadline to file taxes Cost of Incidental Life Insurance Note. When is the deadline to file taxes Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. When is the deadline to file taxes This amount will be used to figure includible compensation for your most recent year of service. When is the deadline to file taxes 1. When is the deadline to file taxes Enter the value of the contract (amount payable upon your death) 1. When is the deadline to file taxes $20,000. When is the deadline to file taxes 00 2. When is the deadline to file taxes Enter the cash value in the contract at the end of the year 2. When is the deadline to file taxes 0. When is the deadline to file taxes 00 3. When is the deadline to file taxes Subtract line 2 from line 1. When is the deadline to file taxes This is the value of your current life insurance protection 3. When is the deadline to file taxes $20,000. When is the deadline to file taxes 00 4. When is the deadline to file taxes Enter your age on your birthday nearest the beginning of the policy year 4. When is the deadline to file taxes 44 5. When is the deadline to file taxes Enter the 1-year term premium for $1,000 of life insurance based on your age. When is the deadline to file taxes (From Figure 3-1) 5. When is the deadline to file taxes $1. When is the deadline to file taxes 40 6. When is the deadline to file taxes Divide line 3 by $1,000 6. When is the deadline to file taxes 20 7. When is the deadline to file taxes Multiply line 6 by line 5. When is the deadline to file taxes This is the cost of your incidental life insurance 7. When is the deadline to file taxes $28. When is the deadline to file taxes 00 Example 2. When is the deadline to file taxes Lynne's cash value in the contract at the end of the second year is $1,000. When is the deadline to file taxes In year two, the cost of Lynne's life insurance is calculated as shown in Table 3-2. When is the deadline to file taxes In year two, Lynne's employer will include $29. When is the deadline to file taxes 07 in her current year's income. When is the deadline to file taxes Lynne will subtract this amount when figuring her includible compensation. When is the deadline to file taxes Table 3-2. When is the deadline to file taxes Worksheet A. When is the deadline to file taxes Cost of Incidental Life Insurance Note. When is the deadline to file taxes Use this worksheet to figure the cost of incidental life insurance included in your annuity contract. When is the deadline to file taxes This amount will be used to figure includible compensation for your most recent year of service. When is the deadline to file taxes 1. When is the deadline to file taxes Enter the value of the contract (amount payable upon your death) 1. When is the deadline to file taxes $20,000. When is the deadline to file taxes 00 2. When is the deadline to file taxes Enter the cash value in the contract at the end of the year 2. When is the deadline to file taxes $1,000. When is the deadline to file taxes 00 3. When is the deadline to file taxes Subtract line 2 from line 1. When is the deadline to file taxes This is the value of your current life insurance protection 3. When is the deadline to file taxes $19,000. When is the deadline to file taxes 00 4. When is the deadline to file taxes Enter your age on your birthday nearest the beginning of the policy year 4. When is the deadline to file taxes 45 5. When is the deadline to file taxes Enter the 1-year term premium for $1,000 of life insurance based on your age. When is the deadline to file taxes (From Figure 3-1) 5. When is the deadline to file taxes $1. When is the deadline to file taxes 53 6. When is the deadline to file taxes Divide line 3 by $1,000 6. When is the deadline to file taxes 19 7. When is the deadline to file taxes Multiply line 6 by line 5. When is the deadline to file taxes This is the cost of your incidental life insurance 7. When is the deadline to file taxes $29. When is the deadline to file taxes 07 Figuring Includible Compensation for Your Most Recent Year of Service You can use Worksheet B in chapter 9 to determine your includible compensation for your most recent year of service. When is the deadline to file taxes Example. When is the deadline to file taxes Floyd has been periodically working full-time for a local hospital since September 2011. When is the deadline to file taxes He needs to figure his limit on annual additions for 2014. When is the deadline to file taxes The hospital's normal annual work period for employees in Floyd's general type of work runs from January to December. When is the deadline to file taxes During the periods that Floyd was employed with the hospital, the hospital has always been eligible to provide a 403(b) plan to employees. When is the deadline to file taxes Additionally, the hospital has never provided the employees with a 457 deferred compensation plan, a transportation fringe benefit plan, or a cafeteria plan. When is the deadline to file taxes Floyd has never worked abroad and there is no life insurance provided under the plan. When is the deadline to file taxes Table 3-3 shows the service Floyd provided to his employer, his compensation for the periods worked, his elective deferrals, and his taxable wages. When is the deadline to file taxes Table 3-3. When is the deadline to file taxes Floyd's Compensation Note. When is the deadline to file taxes This table shows information Floyd will use to figure includible compensation for his most recent year of service. When is the deadline to file taxes   Year Years of Service Taxable Wages Elective Deferrals 2014 6/12 of  a year $42,000 $2,000 2013 4/12 of  a year $16,000 $1,650 2012 4/12 of  a year $16,000 $1,650 Before Floyd can figure his limit on annual additions, he must figure includible compensation for his most recent year of service. When is the deadline to file taxes Because Floyd is not planning to work the entire 2014 year, his most recent year of service will include the time he is planning to work in 2014 plus time he worked in the preceding 3 years until the time he worked for the hospital totals 1 year. When is the deadline to file taxes If the total time he worked is less than 1 year, Floyd will treat it as if it were 1 year. When is the deadline to file taxes He figures his most recent year of service shown in the following list. When is the deadline to file taxes Time he will work in 2014 is 6/12 of a year. When is the deadline to file taxes Time worked in 2013 is 4/12 of a year. When is the deadline to file taxes All of this time will be used to determine Floyd's most recent year of service. When is the deadline to file taxes Time worked in 2012 is 4/12 of a year. When is the deadline to file taxes Floyd only needs 2 months of the 4 months he worked in 2012 to have enough time to total 1 full year. When is the deadline to file taxes Because he needs only one-half of the actual time he worked, Floyd will use only one-half of his income earned during that period to calculate wages that will be used in figuring his includible compensation. When is the deadline to file taxes Using the information provided in Table 3-3, wages for Floyd's most recent year of service are $66,000 ($42,000 + $16,000 + $8,000). When is the deadline to file taxes His includible compensation for his most recent year of service is figured as shown in Table 3-4. When is the deadline to file taxes After figuring his includible compensation, Floyd determines his limit on annual additions for 2014 to be $52,000, the lesser of his includible compensation, $70,475 (Table 3-4), and the maximum amount of $52,000. When is the deadline to file taxes Table 3-4. When is the deadline to file taxes Worksheet B. When is the deadline to file taxes Includible Compensation for Your Most Recent Year of Service1 Note. When is the deadline to file taxes Use this worksheet to figure includible compensation for your most recent year of service. When is the deadline to file taxes 1. When is the deadline to file taxes Enter your includible wages from the employer maintaining your 403(b) account for your most recent year of service 1. When is the deadline to file taxes $66,000 2. When is the deadline to file taxes Enter elective deferrals excluded from your gross income for your most recent year of service2 2. When is the deadline to file taxes 4,4753 3. When is the deadline to file taxes Enter amounts contributed or deferred by your employer under a cafeteria plan for your most recent year of service 3. When is the deadline to file taxes -0- 4. When is the deadline to file taxes Enter amounts contributed or deferred by your employer according to your election to your 457 account (a nonqualified plan of a state or local government, or of a tax-exempt organization) for your most recent year of service 4. When is the deadline to file taxes -0- 5. When is the deadline to file taxes Enter pre-tax contributions (employer's contributions made on your behalf according to your election) to a qualified transportation fringe benefit plan for your most recent year of service 5. When is the deadline to file taxes -0- 6. When is the deadline to file taxes Enter your foreign earned income exclusion for your most recent year of service 6. When is the deadline to file taxes -0- 7. When is the deadline to file taxes Add lines 1, 2, 3, 4, 5, and 6 7. When is the deadline to file taxes 70,475 8. When is the deadline to file taxes Enter the cost of incidental life insurance that is part of your annuity contract for your most recent year of service 8. When is the deadline to file taxes -0- 9. When is the deadline to file taxes Enter compensation that was both: Earned during your most recent year of service, and Earned while your employer was not qualified to maintain a 403(b) plan 9. When is the deadline to file taxes -0- 10. When is the deadline to file taxes Add lines 8 and 9 10. When is the deadline to file taxes -0- 11. When is the deadline to file taxes Subtract line 10 from line 7. When is the deadline to file taxes This is your includible compensation for your most recent year of service 11. When is the deadline to file taxes 70,475 1Use estimated amounts if figuring includible compensation before the end of the year. When is the deadline to file taxes 2Elective deferrals made to a designated Roth account are not excluded from your gross income and should not be included on this line. When is the deadline to file taxes  3$4,475 ($2,000 + $1,650 + $825). When is the deadline to file taxes Prev  Up  Next   Home   More Online Publications