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Where Can I File 2011 Taxes

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Where Can I File 2011 Taxes

Where can i file 2011 taxes Index A Accounting method Accrual, Accrual Method, Accrual method. Where can i file 2011 taxes Automatic procedures, Automatic change procedures. Where can i file 2011 taxes Cash, Cash Method, Cash method. Where can i file 2011 taxes Change in, Change in Accounting Method Combination, Combination Method Special, Special Methods Accounting periods, Accounting Periods Accrual method Income - general rule, Income—General Rule Income - special rules, Income—Special Rules Of accounting, Accrual Method Adjusted basis, Adjusted basis. Where can i file 2011 taxes Administrator, Executor or administrator. Where can i file 2011 taxes Alternative fuel vehicle refueling property credit, Alternative fuel vehicle refueling property credit (Form 8911). Where can i file 2011 taxes Alternative motor vehicle credit, Alternative motor vehicle credit (Form 8910). Where can i file 2011 taxes Appeal rights, Appeals. Where can i file 2011 taxes Appreciation, Appreciation. Where can i file 2011 taxes Audits, Examinations (audits). Where can i file 2011 taxes Automobile (see Car expenses) B Bad debts, Bad Debts Barter income, Bartering for Property or Services Basis of property, Basis. Where can i file 2011 taxes Bribes, Expenses You Cannot Deduct Business expenses, Business Expenses Business income, Business Income Business use of your home, Business Use of Your Home C Canceled debt, Canceled Debt Cancellation of qualified real property business debt, Cancellation of qualified real property business debt. Where can i file 2011 taxes Capital gain or loss, Is My Gain or Loss Ordinary or Capital? Car expenses, Car and Truck Expenses, Methods for Deducting Car and Truck Expenses Carbon dioxide sequestration credit, Carbon dioxide sequestration credit (Form 8933). Where can i file 2011 taxes Cash discount, Cash discounts. Where can i file 2011 taxes , Cash discounts. Where can i file 2011 taxes Cash method Expenses, Expenses Income, Income Changing accounting method, Changing accounting method. Where can i file 2011 taxes Charitable contributions, Expenses You Cannot Deduct Child employed by parent, Child employed by parent. Where can i file 2011 taxes Claim for refund, Refunds. Where can i file 2011 taxes Collection of tax, Collections. Where can i file 2011 taxes Combination method of accounting, Combination Method Comments on publication, Comments and suggestions. Where can i file 2011 taxes Condemned property, Condemned property. Where can i file 2011 taxes Consignments, Consignments. Where can i file 2011 taxes Construction allowances, Construction allowances. Where can i file 2011 taxes Cost of goods sold, How To Figure Cost of Goods Sold Credit Alternative fuel vehicle refueling property, Alternative fuel vehicle refueling property credit (Form 8911). Where can i file 2011 taxes Alternative motor vehicle, Alternative motor vehicle credit (Form 8910). Where can i file 2011 taxes Carbon dioxide sequestration, Carbon dioxide sequestration credit (Form 8933). Where can i file 2011 taxes Disabled access, Disabled access credit (Form 8826). Where can i file 2011 taxes Distilled spirits, Distilled spirits credit (Form 8906). Where can i file 2011 taxes Employer-provided childcare, Credit for employer-provided childcare facilities and services (Form 8882). Where can i file 2011 taxes How to claim, How To Claim the Credit Indian coal, Renewable electricity, refined coal, and Indian coal production credit (Form 8835). Where can i file 2011 taxes Investment, Investment credit (Form 3468). Where can i file 2011 taxes Low sulfur diesel fuel production, Low sulfur diesel fuel production credit (Form 8896). Where can i file 2011 taxes Low-income housing, Low-income housing credit (Form 8586). Where can i file 2011 taxes New markets, New markets credit (Form 8874). Where can i file 2011 taxes Nonconventional source fuel, Nonconventional source fuel credit (Form 8907). Where can i file 2011 taxes Orphan drug, Orphan drug credit (Form 8820). Where can i file 2011 taxes Qualified plug-in electric drive motor vehicle, Qualified plug-in electric drive motor vehicle credit (Form 8936). Where can i file 2011 taxes Refined coal, Renewable electricity, refined coal, and Indian coal production credit (Form 8835). Where can i file 2011 taxes Renewable electricity, Renewable electricity, refined coal, and Indian coal production credit (Form 8835). Where can i file 2011 taxes Small employer health insurance premiums, Credit for small employer health insurance premiums (Form 8941). Where can i file 2011 taxes Small employer pension plan startup costs, Credit for small employer pension plan startup costs (Form 8881). Where can i file 2011 taxes Taxes paid on certain employee tips, Credit for employer social security and Medicare taxes paid on certain employee tips (Form 8846). Where can i file 2011 taxes Work opportunity, Work opportunity credit (Form 5884). Where can i file 2011 taxes D Damages, Damages. Where can i file 2011 taxes Debt Bad, Bad Debts Canceled, Canceled Debt Qualified real property business, Qualified real property business debt. Where can i file 2011 taxes Refund offset against, Offset against debts. Where can i file 2011 taxes Definitions Accounting methods, Accounting Methods Accounting periods, Accounting Periods Barter, Bartering for Property or Services Basis, Basis. Where can i file 2011 taxes Business bad debt, Business bad debt. Where can i file 2011 taxes Calendar tax year, Calendar tax year. Where can i file 2011 taxes Cash discount, Cash discounts. Where can i file 2011 taxes , Cash discounts. Where can i file 2011 taxes Disposition of property, What Is a Disposition of Property? Drawing account, Merchandise withdrawn from sale. Where can i file 2011 taxes Entertainment expenses, Entertainment expenses. Where can i file 2011 taxes Fair market value, Fair market value. Where can i file 2011 taxes Fiscal tax year, Fiscal tax year. Where can i file 2011 taxes Fringe benefit, Fringe benefits. Where can i file 2011 taxes Local transportation expenses, Local transportation expenses. Where can i file 2011 taxes Necessary expense, Introduction Net operating loss, Net Operating Losses (NOLs) Nonbusiness bad debt, Nonbusiness bad debts. Where can i file 2011 taxes Ordinary expense, Introduction Principal place of business, Principal place of business. Where can i file 2011 taxes Qualified long-term real property, Qualified long-term real property. Where can i file 2011 taxes Qualified real property business debt, Cancellation of qualified real property business debt. Where can i file 2011 taxes Rent, Rent Expense Restricted property, Other Income Retail space, Retail space. Where can i file 2011 taxes Self-employment (SE) tax, Self-Employment (SE) Tax Sole proprietor, Sole proprietor. Where can i file 2011 taxes Tax home, Local transportation expenses. Where can i file 2011 taxes Trade discount, Trade discounts. Where can i file 2011 taxes , Cash discounts. Where can i file 2011 taxes Travel expenses, Travel, Meals, and Entertainment Depreciation Deduction, Depreciation Listed property, Listed property. Where can i file 2011 taxes Depreciation, recapture, Recapture of depreciation. Where can i file 2011 taxes Direct seller, Direct seller. Where can i file 2011 taxes , Real estate agent or direct seller. Where can i file 2011 taxes Disabled access credit, Disabled access credit (Form 8826). Where can i file 2011 taxes Disposition of property Business property, Introduction Installment sale, Installment sales. Where can i file 2011 taxes , Installment sales. Where can i file 2011 taxes Like-kind exchange, Like-kind exchanges. Where can i file 2011 taxes , Like-kind exchanges. Where can i file 2011 taxes , Exchange of like-kind property. Where can i file 2011 taxes Nontaxable exchange, Nontaxable exchanges. Where can i file 2011 taxes Sale of a business, Sale of a business. Where can i file 2011 taxes Distilled spirits credit, Distilled spirits credit (Form 8906). Where can i file 2011 taxes Dividend income, Interest and Dividend Income Donation of inventory, Donation of inventory. Where can i file 2011 taxes Drawing account, Merchandise withdrawn from sale. Where can i file 2011 taxes Due date of return, When Is My Tax Return Due? E e-file, IRS e-file (Electronic Filing) Economic injury, Economic injury. Where can i file 2011 taxes EFTPS, EFTPS Electronic filing, IRS e-file (Electronic Filing) Employee, Employee. Where can i file 2011 taxes Employee benefit programs, Fringe benefits. Where can i file 2011 taxes Employees' pay, Employees' Pay Employer identification number (EIN), Employer identification number (EIN). Where can i file 2011 taxes Employment taxes About, Employment Taxes Deduction for, Employment taxes. Where can i file 2011 taxes Entertainment expenses, Entertainment expenses. Where can i file 2011 taxes (see Travel expenses) Escrow, payments placed in, Payment placed in escrow. Where can i file 2011 taxes Estimated tax, How Do I Pay Income Tax? Examinations (audits), Examinations (audits). Where can i file 2011 taxes Excise taxes About, Excise Taxes Deduction for, Excise taxes. Where can i file 2011 taxes Executor, Executor or administrator. Where can i file 2011 taxes Expenses, Business Expenses Bad debts, Bad Debts Car, Car and Truck Expenses Depreciation, Depreciation Employees' pay, Employees' Pay Entertainment, Travel, Meals, and Entertainment Home, business use, Business Use of Your Home Insurance, Insurance Interest, Interest Legal and professional fees, Legal and Professional Fees Meals, Travel, Meals, and Entertainment Nondeductible, Expenses You Cannot Deduct Other, Other Expenses You Can Deduct Pension plans, Pension Plans Rent, Rent Expense Taxes, Taxes Travel, Travel, Meals, and Entertainment Truck, Car and Truck Expenses F Fair market value, Fair market value. Where can i file 2011 taxes Filing business taxes, Filing and Paying Business Taxes Fishing crew member, Fishing crew member. Where can i file 2011 taxes , Fishing crew member. Where can i file 2011 taxes Form 1040 (tax return), How Do I File? 1040-ES (estimated tax), How Do I Pay Income Tax? 1040-V (voucher), Balance due. Where can i file 2011 taxes 1099-B (barter), Information returns. Where can i file 2011 taxes 1099-MISC (miscellaneous), Form 1099-MISC. Where can i file 2011 taxes , Information returns. Where can i file 2011 taxes 1128 (change tax year), Change in tax year. Where can i file 2011 taxes 2210 (underpayment of estimated tax), Penalty for underpayment of tax. Where can i file 2011 taxes 2290 (excise tax for heavy trucks), Form 2290. Where can i file 2011 taxes 3115 (change accounting method), Change in Accounting Method 3468 (investment credit), Investment credit (Form 3468). Where can i file 2011 taxes 3800 (general business credit), Useful Items - You may want to see: 4562 (depreciation), Form 4562. Where can i file 2011 taxes 4684 (casualty and theft), Casualties and thefts. Where can i file 2011 taxes 4797 (sale of business property), Dispositions of business property and depreciable property. Where can i file 2011 taxes , Condemned property. Where can i file 2011 taxes , Listed property. Where can i file 2011 taxes 4868 (extension), When Is My Tax Return Due? 5884 (work opportunity credit), Work opportunity credit (Form 5884). Where can i file 2011 taxes 6251 (alternative minimum tax), Useful Items - You may want to see: 6252 (installment sale), Installment sales. Where can i file 2011 taxes 720 (excise tax return), Form 720. Where can i file 2011 taxes 8300 (cash payments over $10,000), Form 8300. Where can i file 2011 taxes 8586 (low-income housing), Low-income housing credit (Form 8586). Where can i file 2011 taxes 8594 (asset acquisition), Sale of a business. Where can i file 2011 taxes 8820 (orphan drug credit), Orphan drug credit (Form 8820). Where can i file 2011 taxes 8824 (like-kind exchange), Like-kind exchanges. Where can i file 2011 taxes , Like-kind exchanges. Where can i file 2011 taxes 8826 (disabled access credit), Disabled access credit (Form 8826). Where can i file 2011 taxes 8829 (business in home), Deduction limit. Where can i file 2011 taxes 8835 (renewable electricity, coal credit), Renewable electricity, refined coal, and Indian coal production credit (Form 8835). Where can i file 2011 taxes 8846 (credit for social security on tip income), Credit for employer social security and Medicare taxes paid on certain employee tips (Form 8846). Where can i file 2011 taxes 8857 (innocent spouse), Innocent spouse relief. Where can i file 2011 taxes 8874 (new markets credit), New markets credit (Form 8874). Where can i file 2011 taxes 8879 (self-selected PIN), Using an Authorized IRS e-file Provider 8881 (pension plan startup costs credit), Credit for small employer pension plan startup costs (Form 8881). Where can i file 2011 taxes 8882 (employer-provided childcare credit), Credit for employer-provided childcare facilities and services (Form 8882). Where can i file 2011 taxes 8886 (transaction statement), Reminders 8896 (low sulfur diesel fuel production credit), Low sulfur diesel fuel production credit (Form 8896). Where can i file 2011 taxes 8906 (distilled spirits credit), Distilled spirits credit (Form 8906). Where can i file 2011 taxes 8907 (nonconventional fuel credit), Nonconventional source fuel credit (Form 8907). Where can i file 2011 taxes 8910 (alternative vehicle credit), Alternative motor vehicle credit (Form 8910). Where can i file 2011 taxes , Car and Truck Expenses 8911 (alternative fuel refueling property credit), Alternative fuel vehicle refueling property credit (Form 8911). Where can i file 2011 taxes 8933 (carbon dioxide sequestration credit), Carbon dioxide sequestration credit (Form 8933). Where can i file 2011 taxes 8936 (qualified plug-in electric drive motor vehicle), Qualified plug-in electric drive motor vehicle credit (Form 8936). Where can i file 2011 taxes 8941 (small employer health insurance premiums), Credit for small employer health insurance premiums (Form 8941). Where can i file 2011 taxes 982 (discharge of indebtedness), Exclusions Schedule C (sole proprietor), How Do I File? Schedule C-EZ (sole proprietor), How Do I File? Schedule SE (self-employment tax), Who must pay self-employment tax. Where can i file 2011 taxes SS-4 (application for EIN), Employer identification number (EIN). Where can i file 2011 taxes SS-5 (application for SSN), Social security number (SSN). Where can i file 2011 taxes W-2 (report wages), Form W-2. Where can i file 2011 taxes W-4 (employee withholding), Employee. Where can i file 2011 taxes W-7 (application for ITIN), Individual taxpayer identification number (ITIN). Where can i file 2011 taxes W-9 (request for TIN), Other payee. Where can i file 2011 taxes Fringe benefits, Fringe benefits. Where can i file 2011 taxes Fuel taxes, Fuel taxes. Where can i file 2011 taxes G Gains and losses, Gains and losses. Where can i file 2011 taxes General business credits, General Business Credits, Business Credits Gross profit Accuracy, Testing Gross Profit Accuracy Additions to, Additions to Gross Profit Guidelines for selected occupations, Guidelines for Selected Occupations (see also Occupations, selected) H Health insurance, deduction for self-employed, Self-employed health insurance deduction. Where can i file 2011 taxes Home, business use of, Business Use of Your Home Hotels, boarding houses, and apartments, Hotels, boarding houses, and apartments. Where can i file 2011 taxes Husband and wife business, Business owned and operated by spouses. Where can i file 2011 taxes I Identification numbers, Identification Numbers Income, Items That Are Not Income (see also Not income) Accounting for your, Accounting for Your Income Barter, Bartering for Property or Services Business, Business Income Damages, Damages. Where can i file 2011 taxes Gains and losses, Gains and losses. Where can i file 2011 taxes Kickbacks, Kickbacks. Where can i file 2011 taxes Kinds of income, Kinds of Income Lost income payments, Lost income payments. Where can i file 2011 taxes Other, Other Income Paid to a third party, Income paid to a third party. Where can i file 2011 taxes Personal property rent, Personal Property Rents Promissory notes, Promissory notes. Where can i file 2011 taxes Recapture of depreciation, Recapture of depreciation. Where can i file 2011 taxes Recovery of items previously deducted, Recovery of items previously deducted. Where can i file 2011 taxes Rental, Real Estate Rents, Personal Property Rents Restricted property, Restricted property. Where can i file 2011 taxes Income tax About, Income Tax Deduction for, Income taxes. Where can i file 2011 taxes How to pay, How Do I Pay Income Tax? Underpayment penalty, Penalty for underpayment of tax. Where can i file 2011 taxes Income tax return, who must file, Do I Have To File an Income Tax Return? Independent contractor, Independent contractor. Where can i file 2011 taxes , Employment Taxes, Sole proprietor or independent contractor. Where can i file 2011 taxes Individual taxpayer identification number (ITIN), Individual taxpayer identification number (ITIN). Where can i file 2011 taxes Information returns, Information Returns Information, How to get more, How To Get More Information Innocent spouse relief, Innocent spouse relief. Where can i file 2011 taxes Installment sales, Installment sales. Where can i file 2011 taxes Insurance Expense, Insurance Nondeductible premiums, Nondeductible premiums. Where can i file 2011 taxes Prepayment, Prepayment. Where can i file 2011 taxes Proceeds, Insurance proceeds. Where can i file 2011 taxes Self-employed health, Self-employed health insurance deduction. Where can i file 2011 taxes Insurance agent Former, Insurance agent, former. Where can i file 2011 taxes Retired, Insurance agent, retired. Where can i file 2011 taxes Interest Expenses, Interest Income, Interest and Dividend Income Inventories, Inventories Investment credit, Investment credit (Form 3468). Where can i file 2011 taxes K Kickbacks, Kickbacks. Where can i file 2011 taxes , Expenses You Cannot Deduct L Lease bonus, Lease bonus. Where can i file 2011 taxes Lease cancellation payments, Lease cancellation payments. Where can i file 2011 taxes Legal fees, Legal and Professional Fees Like-kind exchanges, Like-kind exchanges. Where can i file 2011 taxes , Exchange of like-kind property. Where can i file 2011 taxes Limited liability company, Limited liability company (LLC). Where can i file 2011 taxes Listed property, Listed property. Where can i file 2011 taxes Lobbying expense, Expenses You Cannot Deduct Local transportation expenses, Local transportation expenses. Where can i file 2011 taxes Lodging, Meals and lodging. Where can i file 2011 taxes Long-term capital gain or loss, Is My Capital Gain or Loss Short Term or Long Term? Lost income payments, Lost income payments. Where can i file 2011 taxes Low sulfur diesel fuel production credit, Low sulfur diesel fuel production credit (Form 8896). Where can i file 2011 taxes Low-income housing credit, Low-income housing credit (Form 8586). Where can i file 2011 taxes M Meals, Meals and lodging. Where can i file 2011 taxes (see Travel expenses) Methods for figuring net earnings, Methods for Figuring Net Earnings Mileage rate for vehicles, Standard mileage rate. Where can i file 2011 taxes Motor vehicle, alternative credit, Alternative motor vehicle credit (Form 8910). Where can i file 2011 taxes N Net operating losses, Net Operating Losses (NOLs) Net profit or loss, Introduction New markets credit, New markets credit (Form 8874). Where can i file 2011 taxes Newspaper carrier or distributor, Newspaper carrier or distributor. Where can i file 2011 taxes Newspaper or magazine vendor, Newspaper or magazine vendor. Where can i file 2011 taxes Nonbusiness bad debt, Nonbusiness bad debts. Where can i file 2011 taxes Nonconventional source fuel credit, Nonconventional source fuel credit (Form 8907). Where can i file 2011 taxes Nondeductible insurance premiums, Nondeductible premiums. Where can i file 2011 taxes Nonemployee compensation, Introduction Nontaxable exchanges, Nontaxable exchanges. Where can i file 2011 taxes Not income Appreciation, Appreciation. Where can i file 2011 taxes Consignments, Consignments. Where can i file 2011 taxes Constructions allowances, Construction allowances. Where can i file 2011 taxes Exchange of like-kind property, Exchange of like-kind property. Where can i file 2011 taxes Leasehold improvements, Leasehold improvements. Where can i file 2011 taxes Loans, Loans. Where can i file 2011 taxes Sales tax, Sales tax. Where can i file 2011 taxes Not-for-profit activities, Not-for-Profit Activities Notary public, Notary public. Where can i file 2011 taxes , Notary public. Where can i file 2011 taxes O Occupations, selected Administrator, Executor or administrator. Where can i file 2011 taxes Direct seller, Direct seller. Where can i file 2011 taxes , Real estate agent or direct seller. Where can i file 2011 taxes Executor, Executor or administrator. Where can i file 2011 taxes Fishing crew member, Fishing crew member. Where can i file 2011 taxes Insurance agent, former, Insurance agent, former. Where can i file 2011 taxes Insurance agent, retired, Insurance agent, retired. Where can i file 2011 taxes Newspaper carrier or distributor, Newspaper carrier or distributor. Where can i file 2011 taxes Newspaper or magazine vendor, Newspaper or magazine vendor. Where can i file 2011 taxes Notary public, Notary public. Where can i file 2011 taxes Public official, Public official. Where can i file 2011 taxes Real estate agent, Real estate agent or direct seller. Where can i file 2011 taxes Securities dealer, Securities dealer. Where can i file 2011 taxes Securities trader, Securities trader. Where can i file 2011 taxes Office in the home, Office in the home. Where can i file 2011 taxes (see also Business use of your home) Optional methods, using both, Using Both Optional Methods Ordinary gain or loss, Is My Gain or Loss Ordinary or Capital? Orphan drug credit, Orphan drug credit (Form 8820). Where can i file 2011 taxes P Parking fees, Parking fees and tolls. Where can i file 2011 taxes Partners, husband and wife, Business owned and operated by spouses. Where can i file 2011 taxes Pay, kinds of, Kinds of pay. Where can i file 2011 taxes Paying Business taxes, Filing and Paying Business Taxes Income tax, How Do I Pay Income Tax? Payments to third parties, Payments to third parties. Where can i file 2011 taxes Penalties and fines, Expenses You Cannot Deduct Penalty Failure to file Form 8300, Penalties. Where can i file 2011 taxes Failure to file information returns, Penalties. Where can i file 2011 taxes Failure to furnish correct payee statements, Penalties. Where can i file 2011 taxes Underpayment of tax, Penalty for underpayment of tax. Where can i file 2011 taxes Waiver of, Waiver of penalties. Where can i file 2011 taxes Pension plans, Pension Plans Personal property tax, Personal property tax. Where can i file 2011 taxes Prepaid expense Extends useful life, Prepayment. Where can i file 2011 taxes Rent, Rent paid in advance. Where can i file 2011 taxes Professional fees, Legal and Professional Fees Promissory notes, Promissory notes. Where can i file 2011 taxes Public official, Public official. Where can i file 2011 taxes Punitive damages, Punitive damages. Where can i file 2011 taxes Q Qualified plug-in electric drive motor vehicle credit, Qualified plug-in electric drive motor vehicle credit (Form 8936). Where can i file 2011 taxes Qualified real property business debt, Qualified real property business debt. Where can i file 2011 taxes R Real estate Agent, Real estate agent or direct seller. Where can i file 2011 taxes Dealer, Real estate dealer. Where can i file 2011 taxes Rent, Real Estate Rents Taxes, Real estate taxes. Where can i file 2011 taxes Recovery of items previously deducted, Recovery of items previously deducted. Where can i file 2011 taxes Refund Inquiries, Refund inquiries. Where can i file 2011 taxes Offsets against debts, Offset against debts. Where can i file 2011 taxes Related persons Unreasonable rent, Unreasonable rent. Where can i file 2011 taxes Renewable electricity, refined coal, and Indian coal production credit, Renewable electricity, refined coal, and Indian coal production credit (Form 8835). Where can i file 2011 taxes Rent expense, Rent Expense Rental income, Real Estate Rents Repayment of income, Repayment of income. Where can i file 2011 taxes Reportable transaction disclosure statement, Reminders Reporting self-employment tax, Reporting Self-Employment Tax Restricted property, Restricted property. Where can i file 2011 taxes Retirement plans (see Pension plans) S Salaries, Employees' Pay Sale of a business, Sale of a business. Where can i file 2011 taxes Sale of property, What Is a Disposition of Property? (see also Disposition of property) Sales of assets, Introduction Sales tax, Sales tax. Where can i file 2011 taxes Schedule C, How Do I File? Schedule C-EZ, How Do I File? Schedule SE (Form 1040), Who must pay self-employment tax. Where can i file 2011 taxes Schedule SE, filing requirement, Reporting Self-Employment Tax SE tax About, Self-Employment (SE) Tax Aliens, Aliens. Where can i file 2011 taxes Child employed by parent, Child employed by parent. Where can i file 2011 taxes Church employee, Church employee. Where can i file 2011 taxes Community property income, Community Property Income Deduction for, Self-employment tax. Where can i file 2011 taxes Earning credits, Earning credits in 2013 and 2014. Where can i file 2011 taxes Effects of using an optional method, Effects of using an optional method. Where can i file 2011 taxes Farm optional method, Farm Optional Method Fiscal year filer, Fiscal Year Filer Fishing crew member, Fishing crew member. Where can i file 2011 taxes Gain or loss, Gain or Loss Government employee, State or local government employee. Where can i file 2011 taxes , Foreign government or international organization employee. Where can i file 2011 taxes Joint return, Joint return. Where can i file 2011 taxes Lost income payments, Lost Income Payments Maximum earnings For 2011, What's New for 2013, Maximum earnings subject to SE tax. Where can i file 2011 taxes Subject to, Maximum earnings subject to self-employment tax. Where can i file 2011 taxes Methods for figuring net earnings, Methods for Figuring Net Earnings More than one business, More Than One Business, More than one business. Where can i file 2011 taxes Nonfarm optional method, Nonfarm Optional Method Notary public, Notary public. Where can i file 2011 taxes Optional methods Farm, Farm Optional Method Nonfarm, Nonfarm Optional Method Rate, SE tax rate. Where can i file 2011 taxes Regular method, Regular Method Residing abroad, U. Where can i file 2011 taxes S. Where can i file 2011 taxes citizen or resident alien residing abroad. Where can i file 2011 taxes Special rules and exceptions, Special Rules and Exceptions Tax rate, SE tax rate. Where can i file 2011 taxes Time limit for posting income, The Social Security Administration (SSA) time limit for posting self-employment income. Where can i file 2011 taxes Who must pay, Who Must Pay SE Tax? Why use an optional method, Why use an optional method? Section 179 Deduction, Section 179 deduction. Where can i file 2011 taxes Property, Section 179 property. Where can i file 2011 taxes Securities Dealer, Securities dealer. Where can i file 2011 taxes Trader, Securities trader. Where can i file 2011 taxes Self-employed health insurance deduction, Self-employed health insurance deduction. Where can i file 2011 taxes Self-employment tax (see SE tax) Settlement payments, Settlement payments. Where can i file 2011 taxes Short-term capital gain or loss, Is My Capital Gain or Loss Short Term or Long Term? Signature, electronic, Electronic signatures. Where can i file 2011 taxes Small Business Administration, Small Business Administration Small employer health insurance premiums credit, Credit for small employer health insurance premiums (Form 8941). Where can i file 2011 taxes Social security coverage, Social security coverage. Where can i file 2011 taxes Social security number (SSN), Social security number (SSN). Where can i file 2011 taxes Sole proprietor, Sole proprietor. Where can i file 2011 taxes , Sole proprietor or independent contractor. Where can i file 2011 taxes Sport utility vehicle, Section 179 deduction. Where can i file 2011 taxes Standard mileage rate, Standard mileage rate. Where can i file 2011 taxes For 2011, What's New for 2013 Statutory employee, Statutory employee. Where can i file 2011 taxes Suggestions for publication, Comments and suggestions. Where can i file 2011 taxes SUV, Section 179 deduction. Where can i file 2011 taxes T Tax home, Local transportation expenses. Where can i file 2011 taxes , Travel expenses. Where can i file 2011 taxes Tax preparation fees, Tax preparation fees. Where can i file 2011 taxes Tax refund Claim for, Refunds. Where can i file 2011 taxes Offset against debts, Offset against debts. Where can i file 2011 taxes Tax return How to file, How Do I File? Who must file, Do I Have To File an Income Tax Return? Tax year, Accounting Periods Calendar, Calendar tax year. Where can i file 2011 taxes Change in, Change in tax year. Where can i file 2011 taxes Fiscal, Fiscal tax year. Where can i file 2011 taxes Taxes Deduction for, Taxes Employment, Employment Taxes, Employment taxes. Where can i file 2011 taxes Excise, Excise Taxes, Excise taxes. Where can i file 2011 taxes Fuel, Fuel taxes. Where can i file 2011 taxes Income, Income Tax, Income taxes. Where can i file 2011 taxes Paid on certain employee tips, Credit for employer social security and Medicare taxes paid on certain employee tips (Form 8846). Where can i file 2011 taxes Personal property, Personal property tax. Where can i file 2011 taxes Real estate, Real estate taxes. Where can i file 2011 taxes Sales, Sales tax. Where can i file 2011 taxes Self-employment, Self-Employment (SE) Tax, Self-employment tax. Where can i file 2011 taxes Taxpayer rights, Declaration of Taxpayer Rights Third parties, Payments to, Payments to third parties. Where can i file 2011 taxes Tolls, Parking fees and tolls. Where can i file 2011 taxes Trade discount, Trade discounts. Where can i file 2011 taxes , Trade discounts. Where can i file 2011 taxes Trade or business, Trade or business. Where can i file 2011 taxes Trailer park owner, Trailer park owner. Where can i file 2011 taxes Transportation expenses, Local transportation expenses. Where can i file 2011 taxes Travel expenses, Travel expenses. Where can i file 2011 taxes U Underpayment of tax penalty, Penalty for underpayment of tax. Where can i file 2011 taxes Uniform capitalization rules, Uniform Capitalization Rules W Wages, Employees' Pay Work opportunity credit, Work opportunity credit (Form 5884). Where can i file 2011 taxes Prev  Up     Home   More Online Publications
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Acceptance Agent Program

Effective June 22, 2012, the IRS has made interim changes that affect the Individual Taxpayer Identification Number (ITIN) application process. Some of the information below, including the documentation requirements for individuals seeking an ITIN, has been superseded by these changes. Taxpayers and their representatives should review these changes, which are further explained in these Frequently Asked Questions, before requesting an ITIN.

The following is a public list of Acceptance Agents for Forms W-7. This list is updated quarterly.

National / International CPA Firms *

  • Deloitte and Touche, LLP
  • Ernst & Young LLP
  • KPMG LLP
  • PricewaterhouseCoopers LLP
  • BDO

* Check local telephone directory for nearest location.

* Acceptance Agents are denoted with an asterisk. Certified Acceptance Agents are not denoted with an asterisk.

Acceptance Agents Outside of the U.S.

Belgium Brazil Canada Dominican Republic Germany
Guam Hong Kong Israel Italy Japan
Mexico Netherlands New Zealand Norway Philippines
Portugal Puerto Rico Singapore United Kingdom Venezuela

 

U.S. Acceptance Agents by State

Alabama Alaska Arizona Arkansas
California Colorado Connecticut Delaware
District of Columbia Florida Georgia Hawaii
Idaho Illinois Indiana Iowa
Kansas Kentucky Louisiana Maine
Maryland Massachusetts Michigan Minnesota
Mississippi Missouri Montana Nebraska
Nevada New Hampshire New Jersey New Mexico
New York North Carolina North Dakota Ohio
Oklahoma Oregon Pennsylvania Rhode Island
South Carolina South Dakota Tennessee Texas
Utah Vermont Virginia Washington
West Virginia Wisconsin Wyoming .

 

Page Last Reviewed or Updated: 19-Mar-2014

The Where Can I File 2011 Taxes

Where can i file 2011 taxes Publication 530 - Main Content Table of Contents What You Can and Cannot DeductHardest Hit Fund and Emergency Homeowners' Loan Programs Real Estate Taxes Sales Taxes Home Mortgage Interest Mortgage Insurance Premiums Mortgage Interest CreditFiguring the Credit BasisFiguring Your Basis Adjusted Basis Keeping Records How To Get Tax HelpLow Income Taxpayer Clinics What You Can and Cannot Deduct To deduct expenses of owning a home, you must file Form 1040, U. Where can i file 2011 taxes S. Where can i file 2011 taxes Individual Income Tax Return, and itemize your deductions on Schedule A (Form 1040). Where can i file 2011 taxes If you itemize, you cannot take the standard deduction. Where can i file 2011 taxes This section explains what expenses you can deduct as a homeowner. Where can i file 2011 taxes It also points out expenses that you cannot deduct. Where can i file 2011 taxes There are four primary discussions: real estate taxes, sales taxes, home mortgage interest, and mortgage insurance premiums. Where can i file 2011 taxes Generally, your real estate taxes, home mortgage interest, and mortgage insurance premiums are included in your house payment. Where can i file 2011 taxes Your house payment. Where can i file 2011 taxes   If you took out a mortgage (loan) to finance the purchase of your home, you probably have to make monthly house payments. Where can i file 2011 taxes Your house payment may include several costs of owning a home. Where can i file 2011 taxes The only costs you can deduct are real estate taxes actually paid to the taxing authority, interest that qualifies as home mortgage interest, and mortgage insurance premiums. Where can i file 2011 taxes These are discussed in more detail later. Where can i file 2011 taxes   Some nondeductible expenses that may be included in your house payment include: Fire or homeowner's insurance premiums, and The amount applied to reduce the principal of the mortgage. Where can i file 2011 taxes Minister's or military housing allowance. Where can i file 2011 taxes   If you are a minister or a member of the uniformed services and receive a housing allowance that is not taxable, you still can deduct your real estate taxes and your home mortgage interest. Where can i file 2011 taxes You do not have to reduce your deductions by your nontaxable allowance. Where can i file 2011 taxes For more information see Publication 517, Social Security and Other Information for Members of the Clergy and Religious Workers, and Publication 3, Armed Forces' Tax Guide. Where can i file 2011 taxes Nondeductible payments. Where can i file 2011 taxes   You cannot deduct any of the following items. Where can i file 2011 taxes Insurance (other than mortgage insurance premiums), including fire and comprehensive coverage, and title insurance. Where can i file 2011 taxes Wages you pay for domestic help. Where can i file 2011 taxes Depreciation. Where can i file 2011 taxes The cost of utilities, such as gas, electricity, or water. Where can i file 2011 taxes Most settlement costs. Where can i file 2011 taxes See Settlement or closing costs under Cost as Basis, later, for more information. Where can i file 2011 taxes Forfeited deposits, down payments, or earnest money. Where can i file 2011 taxes Hardest Hit Fund and Emergency Homeowners' Loan Programs You can use a special method to compute your deduction for mortgage interest and real estate taxes on your main home if you meet the following two conditions. Where can i file 2011 taxes You received assistance under: A State Housing Finance Agency (State HFA) Hardest Hit Fund program in which program payments could be used to pay mortgage interest, or An Emergency Homeowners' Loan Program administered by the Department of Housing and Urban Development (HUD) or a state. Where can i file 2011 taxes You meet the rules to deduct all of the mortgage interest on your loan and all of the real estate taxes on your main home. Where can i file 2011 taxes If you meet these tests, then you can deduct all of the payments you actually made during the year to your mortgage servicer, the State HFA, or HUD on the home mortgage (including the amount shown on box 3 of Form 1098-MA, Mortgage Assistance Payments), but not more than the sum of the amounts shown on Form 1098, Mortgage Interest Statement, in box 1 (mortgage interest received), box 4 (mortgage insurance premiums) and box 5 (real property taxes). Where can i file 2011 taxes However, you are not required to use this special method to compute your deduction for mortgage interest and real estate taxes on your main home. Where can i file 2011 taxes Real Estate Taxes Most state and local governments charge an annual tax on the value of real property. Where can i file 2011 taxes This is called a real estate tax. Where can i file 2011 taxes You can deduct the tax if it is assessed uniformly at a like rate on all real property throughout the community. Where can i file 2011 taxes The proceeds must be for general community or governmental purposes and not be a payment for a special privilege granted or service rendered to you. Where can i file 2011 taxes Deductible Real Estate Taxes You can deduct real estate taxes imposed on you. Where can i file 2011 taxes You must have paid them either at settlement or closing, or to a taxing authority (either directly or through an escrow account) during the year. Where can i file 2011 taxes If you own a cooperative apartment, see Special Rules for Cooperatives , later. Where can i file 2011 taxes Where to deduct real estate taxes. Where can i file 2011 taxes   Enter the amount of your deductible real estate taxes on Schedule A (Form 1040), line 6. Where can i file 2011 taxes Real estate taxes paid at settlement or closing. Where can i file 2011 taxes   Real estate taxes are generally divided so that you and the seller each pay taxes for the part of the property tax year you owned the home. Where can i file 2011 taxes Your share of these taxes is fully deductible if you itemize your deductions. Where can i file 2011 taxes Division of real estate taxes. Where can i file 2011 taxes   For federal income tax purposes, the seller is treated as paying the property taxes up to, but not including, the date of sale. Where can i file 2011 taxes You (the buyer) are treated as paying the taxes beginning with the date of sale. Where can i file 2011 taxes This applies regardless of the lien dates under local law. Where can i file 2011 taxes Generally, this information is included on the settlement statement you get at closing. Where can i file 2011 taxes   You and the seller each are considered to have paid your own share of the taxes, even if one or the other paid the entire amount. Where can i file 2011 taxes You each can deduct your own share, if you itemize deductions, for the year the property is sold. Where can i file 2011 taxes Example. Where can i file 2011 taxes You bought your home on September 1. Where can i file 2011 taxes The property tax year (the period to which the tax relates) in your area is the calendar year. Where can i file 2011 taxes The tax for the year was $730 and was due and paid by the seller on August 15. Where can i file 2011 taxes You owned your new home during the property tax year for 122 days (September 1 to December 31, including your date of purchase). Where can i file 2011 taxes You figure your deduction for real estate taxes on your home as follows. Where can i file 2011 taxes 1. Where can i file 2011 taxes Enter the total real estate taxes for the real property tax year $730 2. Where can i file 2011 taxes Enter the number of days in the property tax year that you owned the property 122 3. Where can i file 2011 taxes Divide line 2 by 365 . Where can i file 2011 taxes 3342 4. Where can i file 2011 taxes Multiply line 1 by line 3. Where can i file 2011 taxes This is your deduction. Where can i file 2011 taxes Enter it on Schedule A (Form 1040), line 6 $244   You can deduct $244 on your return for the year if you itemize your deductions. Where can i file 2011 taxes You are considered to have paid this amount and can deduct it on your return even if, under the contract, you did not have to reimburse the seller. Where can i file 2011 taxes Delinquent taxes. Where can i file 2011 taxes   Delinquent taxes are unpaid taxes that were imposed on the seller for an earlier tax year. Where can i file 2011 taxes If you agree to pay delinquent taxes when you buy your home, you cannot deduct them. Where can i file 2011 taxes You treat them as part of the cost of your home. Where can i file 2011 taxes See Real estate taxes , later, under Basis. Where can i file 2011 taxes Escrow accounts. Where can i file 2011 taxes   Many monthly house payments include an amount placed in escrow (put in the care of a third party) for real estate taxes. Where can i file 2011 taxes You may not be able to deduct the total you pay into the escrow account. Where can i file 2011 taxes You can deduct only the real estate taxes that the lender actually paid from escrow to the taxing authority. Where can i file 2011 taxes Your real estate tax bill will show this amount. Where can i file 2011 taxes Refund or rebate of real estate taxes. Where can i file 2011 taxes   If you receive a refund or rebate of real estate taxes this year for amounts you paid this year, you must reduce your real estate tax deduction by the amount refunded to you. Where can i file 2011 taxes If the refund or rebate was for real estate taxes paid for a prior year, you may have to include some or all of the refund in your income. Where can i file 2011 taxes For more information, see Recoveries in Publication 525, Taxable and Nontaxable Income. Where can i file 2011 taxes Items You Cannot Deduct as Real Estate Taxes The following items are not deductible as real estate taxes. Where can i file 2011 taxes Charges for services. Where can i file 2011 taxes   An itemized charge for services to specific property or people is not a tax, even if the charge is paid to the taxing authority. Where can i file 2011 taxes You cannot deduct the charge as a real estate tax if it is: A unit fee for the delivery of a service (such as a $5 fee charged for every 1,000 gallons of water you use), A periodic charge for a residential service (such as a $20 per month or $240 annual fee charged for trash collection), or A flat fee charged for a single service provided by your local government (such as a $30 charge for mowing your lawn because it had grown higher than permitted under a local ordinance). Where can i file 2011 taxes    You must look at your real estate tax bill to decide if any nondeductible itemized charges, such as those listed above, are included in the bill. Where can i file 2011 taxes If your taxing authority (or lender) does not furnish you a copy of your real estate tax bill, ask for it. Where can i file 2011 taxes Contact the taxing authority if you need additional information about a specific charge on your real estate tax bill. Where can i file 2011 taxes Assessments for local benefits. Where can i file 2011 taxes   You cannot deduct amounts you pay for local benefits that tend to increase the value of your property. Where can i file 2011 taxes Local benefits include the construction of streets, sidewalks, or water and sewer systems. Where can i file 2011 taxes You must add these amounts to the basis of your property. Where can i file 2011 taxes   You can, however, deduct assessments (or taxes) for local benefits if they are for maintenance, repair, or interest charges related to those benefits. Where can i file 2011 taxes An example is a charge to repair an existing sidewalk and any interest included in that charge. Where can i file 2011 taxes   If only a part of the assessment is for maintenance, repair, or interest charges, you must be able to show the amount of that part to claim the deduction. Where can i file 2011 taxes If you cannot show what part of the assessment is for maintenance, repair, or interest charges, you cannot deduct any of it. Where can i file 2011 taxes   An assessment for a local benefit may be listed as an item in your real estate tax bill. Where can i file 2011 taxes If so, use the rules in this section to find how much of it, if any, you can deduct. Where can i file 2011 taxes Transfer taxes (or stamp taxes). Where can i file 2011 taxes   You cannot deduct transfer taxes and similar taxes and charges on the sale of a personal home. Where can i file 2011 taxes If you are the buyer and you pay them, include them in the cost basis of the property. Where can i file 2011 taxes If you are the seller and you pay them, they are expenses of the sale and reduce the amount realized on the sale. Where can i file 2011 taxes Homeowners association assessments. Where can i file 2011 taxes   You cannot deduct these assessments because the homeowners association, rather than a state or local government, imposes them. Where can i file 2011 taxes Special Rules for Cooperatives If you own a cooperative apartment, some special rules apply to you, though you generally receive the same tax treatment as other homeowners. Where can i file 2011 taxes As an owner of a cooperative apartment, you own shares of stock in a corporation that owns or leases housing facilities. Where can i file 2011 taxes You can deduct your share of the corporation's deductible real estate taxes if the cooperative housing corporation meets the following conditions: The corporation has only one class of stock outstanding, Each stockholder, solely because of ownership of the stock, can live in a house, apartment, or house trailer owned or leased by the corporation, No stockholder can receive any distribution out of capital, except on a partial or complete liquidation of the corporation, and At least one of the following: At least 80% of the corporation's gross income for the tax year was paid by the tenant-stockholders. Where can i file 2011 taxes For this purpose, gross income means all income received during the entire tax year, including any received before the corporation changed to cooperative ownership. Where can i file 2011 taxes At least 80% of the total square footage of the corporation's property must be available for use by the tenant-stockholders during the entire tax year. Where can i file 2011 taxes At least 90% of the expenditures paid or incurred by the corporation were used for the acquisition, construction, management, maintenance, or care of the property for the benefit of the tenant-shareholders during the entire tax year. Where can i file 2011 taxes Tenant-stockholders. Where can i file 2011 taxes   A tenant-stockholder can be any entity (such as a corporation, trust, estate, partnership, or association) as well as an individual. Where can i file 2011 taxes The tenant-stockholder does not have to live in any of the cooperative's dwelling units. Where can i file 2011 taxes The units that the tenant-stockholder has the right to occupy can be rented to others. Where can i file 2011 taxes Deductible taxes. Where can i file 2011 taxes   You figure your share of real estate taxes in the following way. Where can i file 2011 taxes Divide the number of your shares of stock by the total number of shares outstanding, including any shares held by the corporation. Where can i file 2011 taxes Multiply the corporation's deductible real estate taxes by the number you figured in (1). Where can i file 2011 taxes This is your share of the real estate taxes. Where can i file 2011 taxes   Generally, the corporation will tell you your share of its real estate tax. Where can i file 2011 taxes This is the amount you can deduct if it reasonably reflects the cost of real estate taxes for your dwelling unit. Where can i file 2011 taxes Refund of real estate taxes. Where can i file 2011 taxes   If the corporation receives a refund of real estate taxes it paid in an earlier year, it must reduce the amount of real estate taxes paid this year when it allocates the tax expense to you. Where can i file 2011 taxes Your deduction for real estate taxes the corporation paid this year is reduced by your share of the refund the corporation received. Where can i file 2011 taxes Sales Taxes Generally, you can elect to deduct state and local general sales taxes instead of state and local income taxes as an itemized deduction on Schedule A (Form 1040). Where can i file 2011 taxes Deductible sales taxes may include sales taxes paid on your home (including mobile and prefabricated), or home building materials if the tax rate was the same as the general sales tax rate. Where can i file 2011 taxes For information on figuring your deduction, see the Instructions for Schedule A (Form 1040). Where can i file 2011 taxes If you elect to deduct the sales taxes paid on your home, or home building materials, you cannot include them as part of your cost basis in the home. Where can i file 2011 taxes Home Mortgage Interest This section of the publication gives you basic information about home mortgage interest, including information on interest paid at settlement, points, and Form 1098, Mortgage Interest Statement. Where can i file 2011 taxes Most home buyers take out a mortgage (loan) to buy their home. Where can i file 2011 taxes They then make monthly payments to either the mortgage holder or someone collecting the payments for the mortgage holder. Where can i file 2011 taxes Usually, you can deduct the entire part of your payment that is for mortgage interest, if you itemize your deductions on Schedule A (Form 1040). Where can i file 2011 taxes However, your deduction may be limited if: Your total mortgage balance is more than $1 million ($500,000 if married filing separately), or You took out a mortgage for reasons other than to buy, build, or improve your home. Where can i file 2011 taxes If either of these situations applies to you, see Publication 936 for more information. Where can i file 2011 taxes Also see Publication 936 if you later refinance your mortgage or buy a second home. Where can i file 2011 taxes Refund of home mortgage interest. Where can i file 2011 taxes   If you receive a refund of home mortgage interest that you deducted in an earlier year and that reduced your tax, you generally must include the refund in income in the year you receive it. Where can i file 2011 taxes For more information, see Recoveries in Publication 525. Where can i file 2011 taxes The amount of the refund will usually be shown on the mortgage interest statement you receive from your mortgage lender. Where can i file 2011 taxes See Mortgage Interest Statement , later. Where can i file 2011 taxes Deductible Mortgage Interest To be deductible, the interest you pay must be on a loan secured by your main home or a second home. Where can i file 2011 taxes The loan can be a first or second mortgage, a home improvement loan, or a home equity loan. Where can i file 2011 taxes Prepaid interest. Where can i file 2011 taxes   If you pay interest in advance for a period that goes beyond the end of the tax year, you must spread this interest over the tax years to which it applies. Where can i file 2011 taxes Generally, you can deduct in each year only the interest that qualifies as home mortgage interest for that year. Where can i file 2011 taxes An exception (discussed later) applies to points. Where can i file 2011 taxes Late payment charge on mortgage payment. Where can i file 2011 taxes   You can deduct as home mortgage interest a late payment charge if it was not for a specific service in connection with your mortgage loan. Where can i file 2011 taxes Mortgage prepayment penalty. Where can i file 2011 taxes   If you pay off your home mortgage early, you may have to pay a penalty. Where can i file 2011 taxes You can deduct that penalty as home mortgage interest provided the penalty is not for a specific service performed or cost incurred in connection with your mortgage loan. Where can i file 2011 taxes Ground rent. Where can i file 2011 taxes   In some states (such as Maryland), you may buy your home subject to a ground rent. Where can i file 2011 taxes A ground rent is an obligation you assume to pay a fixed amount per year on the property. Where can i file 2011 taxes Under this arrangement, you are leasing (rather than buying) the land on which your home is located. Where can i file 2011 taxes Redeemable ground rents. Where can i file 2011 taxes   If you make annual or periodic rental payments on a redeemable ground rent, you can deduct the payments as mortgage interest. Where can i file 2011 taxes The ground rent is a redeemable ground rent only if all of the following are true. Where can i file 2011 taxes Your lease, including renewal periods, is for more than 15 years. Where can i file 2011 taxes You can freely assign the lease. Where can i file 2011 taxes You have a present or future right (under state or local law) to end the lease and buy the lessor's entire interest in the land by paying a specified amount. Where can i file 2011 taxes The lessor's interest in the land is primarily a security interest to protect the rental payments to which he or she is entitled. Where can i file 2011 taxes   Payments made to end the lease and buy the lessor's entire interest in the land are not redeemable ground rents. Where can i file 2011 taxes You cannot deduct them. Where can i file 2011 taxes Nonredeemable ground rents. Where can i file 2011 taxes   Payments on a nonredeemable ground rent are not mortgage interest. Where can i file 2011 taxes You can deduct them as rent only if they are a business expense or if they are for rental property. Where can i file 2011 taxes Cooperative apartment. Where can i file 2011 taxes   You can usually treat the interest on a loan you took out to buy stock in a cooperative housing corporation as home mortgage interest if you own a cooperative apartment, and the cooperative housing corporation meets the conditions described earlier under Special Rules for Cooperatives . Where can i file 2011 taxes In addition, you can treat as home mortgage interest your share of the corporation's deductible mortgage interest. Where can i file 2011 taxes Figure your share of mortgage interest the same way that is shown for figuring your share of real estate taxes in the Example under Division of real estate taxes, earlier. Where can i file 2011 taxes For more information on cooperatives, see Special Rule for Tenant-Stockholders in Cooperative Housing Corporations in Publication 936. Where can i file 2011 taxes Refund of cooperative's mortgage interest. Where can i file 2011 taxes   You must reduce your mortgage interest deduction by your share of any cash portion of a patronage dividend that the cooperative receives. Where can i file 2011 taxes The patronage dividend is a partial refund to the cooperative housing corporation of mortgage interest it paid in a prior year. Where can i file 2011 taxes   If you receive a Form 1098 from the cooperative housing corporation, the form should show only the amount you can deduct. Where can i file 2011 taxes Mortgage Interest Paid at Settlement One item that normally appears on a settlement or closing statement is home mortgage interest. Where can i file 2011 taxes You can deduct the interest that you pay at settlement if you itemize your deductions on Schedule A (Form 1040). Where can i file 2011 taxes This amount should be included in the mortgage interest statement provided by your lender. Where can i file 2011 taxes See the discussion under Mortgage Interest Statement , later. Where can i file 2011 taxes Also, if you pay interest in advance, see Prepaid interest , earlier, and Points , next. Where can i file 2011 taxes Points The term “points” is used to describe certain charges paid, or treated as paid, by a borrower to obtain a home mortgage. Where can i file 2011 taxes Points also may be called loan origination fees, maximum loan charges, loan discount, or discount points. Where can i file 2011 taxes A borrower is treated as paying any points that a home seller pays for the borrower's mortgage. Where can i file 2011 taxes See Points paid by the seller , later. Where can i file 2011 taxes General rule. Where can i file 2011 taxes   You cannot deduct the full amount of points in the year paid. Where can i file 2011 taxes They are prepaid interest, so you generally must deduct them over the life (term) of the mortgage. Where can i file 2011 taxes Exception. Where can i file 2011 taxes   You can deduct the full amount of points in the year paid if you meet all the following tests. Where can i file 2011 taxes Your loan is secured by your main home. Where can i file 2011 taxes (Generally, your main home is the one you live in most of the time. Where can i file 2011 taxes ) Paying points is an established business practice in the area where the loan was made. Where can i file 2011 taxes The points paid were not more than the points generally charged in that area. Where can i file 2011 taxes You use the cash method of accounting. Where can i file 2011 taxes This means you report income in the year you receive it and deduct expenses in the year you pay them. Where can i file 2011 taxes Most individuals use this method. Where can i file 2011 taxes The points were not paid in place of amounts that ordinarily are stated separately on the settlement statement, such as appraisal fees, inspection fees, title fees, attorney fees, and property taxes. Where can i file 2011 taxes The funds you provided at or before closing, plus any points the seller paid, were at least as much as the points charged. Where can i file 2011 taxes The funds you provided are not required to have been applied to the points. Where can i file 2011 taxes They can include a down payment, an escrow deposit, earnest money, and other funds you paid at or before closing for any purpose. Where can i file 2011 taxes You cannot have borrowed these funds. Where can i file 2011 taxes You use your loan to buy or build your main home. Where can i file 2011 taxes The points were computed as a percentage of the principal amount of the mortgage. Where can i file 2011 taxes The amount is clearly shown on the settlement statement (such as the Uniform Settlement Statement, Form HUD-1) as points charged for the mortgage. Where can i file 2011 taxes The points may be shown as paid from either your funds or the seller's. Where can i file 2011 taxes Note. Where can i file 2011 taxes If you meet all of the tests listed above and you itemize your deductions in the year you get the loan, you can either deduct the full amount of points in the year paid or deduct them over the life of the loan, beginning in the year you get the loan. Where can i file 2011 taxes If you do not itemize your deductions in the year you get the loan, you can spread the points over the life of the loan and deduct the appropriate amount in each future year, if any, when you do itemize your deductions. Where can i file 2011 taxes Home improvement loan. Where can i file 2011 taxes   You can also fully deduct in the year paid points paid on a loan to improve your main home, if you meet the first six tests listed earlier. Where can i file 2011 taxes Refinanced loan. Where can i file 2011 taxes   If you use part of the refinanced mortgage proceeds to improve your main home and you meet the first six tests listed earlier, you can fully deduct the part of the points related to the improvement in the year you paid them with your own funds. Where can i file 2011 taxes You can deduct the rest of the points over the life of the loan. Where can i file 2011 taxes Points not fully deductible in year paid. Where can i file 2011 taxes    If you do not qualify under the exception to deduct the full amount of points in the year paid (or choose not to do so), see Points in Publication 936 for the rules on when and how much you can deduct. Where can i file 2011 taxes Figure A. Where can i file 2011 taxes   You can use Figure A, next, as a quick guide to see whether your points are fully deductible in the year paid. Where can i file 2011 taxes    Please click here for the text description of the image. Where can i file 2011 taxes Figure A. Where can i file 2011 taxes Are my points fully deductible this year? Amounts charged for services. Where can i file 2011 taxes   Amounts charged by the lender for specific services connected to the loan are not interest. Where can i file 2011 taxes Examples of these charges are: Appraisal fees, Notary fees, and Preparation costs for the mortgage note or deed of trust. Where can i file 2011 taxes You cannot deduct these amounts as points either in the year paid or over the life of the mortgage. Where can i file 2011 taxes For information about the tax treatment of these amounts and other settlement fees and closing costs, see Basis , later. Where can i file 2011 taxes Points paid by the seller. Where can i file 2011 taxes   The term “points” includes loan placement fees that the seller pays to the lender to arrange financing for the buyer. Where can i file 2011 taxes Treatment by seller. Where can i file 2011 taxes   The seller cannot deduct these fees as interest. Where can i file 2011 taxes However, they are a selling expense that reduces the seller's amount realized. Where can i file 2011 taxes See Publication 523 for more information. Where can i file 2011 taxes Treatment by buyer. Where can i file 2011 taxes   The buyer treats seller-paid points as if he or she had paid them. Where can i file 2011 taxes If all the tests listed earlier under Exception are met, the buyer can deduct the points in the year paid. Where can i file 2011 taxes If any of those tests are not met, the buyer must deduct the points over the life of the loan. Where can i file 2011 taxes   The buyer must also reduce the basis of the home by the amount of the seller-paid points. Where can i file 2011 taxes For more information about the basis of your home, see Basis , later. Where can i file 2011 taxes Funds provided are less than points. Where can i file 2011 taxes   If you meet all the tests listed earlier under Exception except that the funds you provided were less than the points charged to you (test 6), you can deduct the points in the year paid up to the amount of funds you provided. Where can i file 2011 taxes In addition, you can deduct any points paid by the seller. Where can i file 2011 taxes Example 1. Where can i file 2011 taxes When you took out a $100,000 mortgage loan to buy your home in December, you were charged one point ($1,000). Where can i file 2011 taxes You meet all the tests for deducting points in the year paid (see Exception , earlier), except the only funds you provided were a $750 down payment. Where can i file 2011 taxes Of the $1,000 you were charged for points, you can deduct $750 in the year paid. Where can i file 2011 taxes You spread the remaining $250 over the life of the mortgage. Where can i file 2011 taxes Example 2. Where can i file 2011 taxes The facts are the same as in Example 1 , except that the person who sold you your home also paid one point ($1,000) to help you get your mortgage. Where can i file 2011 taxes In the year paid, you can deduct $1,750 ($750 of the amount you were charged plus the $1,000 paid by the seller). Where can i file 2011 taxes You spread the remaining $250 over the life of the mortgage. Where can i file 2011 taxes You must reduce the basis of your home by the $1,000 paid by the seller. Where can i file 2011 taxes Excess points. Where can i file 2011 taxes   If you meet all the tests under Exception , earlier, except that the points paid were more than are generally charged in your area (test 3), you can deduct in the year paid only the points that are generally charged. Where can i file 2011 taxes You must spread any additional points over the life of the mortgage. Where can i file 2011 taxes Mortgage ending early. Where can i file 2011 taxes   If you spread your deduction for points over the life of the mortgage, you can deduct any remaining balance in the year the mortgage ends. Where can i file 2011 taxes A mortgage may end early due to a prepayment, refinancing, foreclosure, or similar event. Where can i file 2011 taxes Example. Where can i file 2011 taxes Dan paid $3,000 in points in 2006 that he had to spread out over the 15-year life of the mortgage. Where can i file 2011 taxes He had deducted $1,400 of these points through 2012. Where can i file 2011 taxes Dan prepaid his mortgage in full in 2013. Where can i file 2011 taxes He can deduct the remaining $1,600 of points in 2013. Where can i file 2011 taxes Exception. Where can i file 2011 taxes   If you refinance the mortgage with the same lender, you cannot deduct any remaining points for the year. Where can i file 2011 taxes Instead, deduct them over the term of the new loan. Where can i file 2011 taxes Form 1098. Where can i file 2011 taxes   The mortgage interest statement you receive should show not only the total interest paid during the year, but also your deductible points paid during the year. Where can i file 2011 taxes See Mortgage Interest Statement , later. Where can i file 2011 taxes Where To Deduct Home Mortgage Interest Enter on Schedule A (Form 1040), line 10, the home mortgage interest and points reported to you on Form 1098 (discussed next). Where can i file 2011 taxes If you did not receive a Form 1098, enter your deductible interest on line 11, and any deductible points on line 12. Where can i file 2011 taxes See Table 1 below for a summary of where to deduct home mortgage interest and real estate taxes. Where can i file 2011 taxes If you paid home mortgage interest to the person from whom you bought your home, show that person's name, address, and social security number (SSN) or employer identification number (EIN) on the dotted lines next to line 11. Where can i file 2011 taxes The seller must give you this number and you must give the seller your SSN. Where can i file 2011 taxes Form W-9, Request for Taxpayer Identification Number and Certification, can be used for this purpose. Where can i file 2011 taxes Failure to meet either of these requirements may result in a $50 penalty for each failure. Where can i file 2011 taxes Table 1. Where can i file 2011 taxes Where To Deduct Interest and Taxes Paid on Your Home See the text for information on what expenses are eligible. Where can i file 2011 taxes IF you are eligible to deduct . Where can i file 2011 taxes . Where can i file 2011 taxes . Where can i file 2011 taxes THEN report the amount  on Schedule A (Form 1040) . Where can i file 2011 taxes . Where can i file 2011 taxes . Where can i file 2011 taxes real estate taxes line 6. Where can i file 2011 taxes home mortgage interest and points reported on Form 1098 line 10. Where can i file 2011 taxes home mortgage interest not reported on  Form 1098 line 11. Where can i file 2011 taxes points not reported on Form 1098 line 12. Where can i file 2011 taxes qualified mortgage insurance premiums line 13. Where can i file 2011 taxes Mortgage Interest Statement If you paid $600 or more of mortgage interest (including certain points and mortgage insurance premiums) during the year on any one mortgage to a mortgage holder in the course of that holder's trade or business, you should receive a Form 1098 or similar statement from the mortgage holder. Where can i file 2011 taxes The statement will show the total interest paid on your mortgage during the year. Where can i file 2011 taxes If you bought a main home during the year, it also will show the deductible points you paid and any points you can deduct that were paid by the person who sold you your home. Where can i file 2011 taxes See Points , earlier. Where can i file 2011 taxes The interest you paid at settlement should be included on the statement. Where can i file 2011 taxes If it is not, add the interest from the settlement sheet that qualifies as home mortgage interest to the total shown on Form 1098 or similar statement. Where can i file 2011 taxes Put the total on Schedule A (Form 1040), line 10, and attach a statement to your return explaining the difference. Where can i file 2011 taxes Write “See attached” to the right of line 10. Where can i file 2011 taxes A mortgage holder can be a financial institution, a governmental unit, or a cooperative housing corporation. Where can i file 2011 taxes If a statement comes from a cooperative housing corporation, it generally will show your share of interest. Where can i file 2011 taxes Your mortgage interest statement for 2013 should be provided or sent to you by January 31, 2014. Where can i file 2011 taxes If it is mailed, you should allow adequate time to receive it before contacting the mortgage holder. Where can i file 2011 taxes A copy of this form will be sent to the IRS also. Where can i file 2011 taxes Example. Where can i file 2011 taxes You bought a new home on May 3. Where can i file 2011 taxes You paid no points on the purchase. Where can i file 2011 taxes During the year, you made mortgage payments which included $4,480 deductible interest on your new home. Where can i file 2011 taxes The settlement sheet for the purchase of the home included interest of $620 for 29 days in May. Where can i file 2011 taxes The mortgage statement you receive from the lender includes total interest of $5,100 ($4,480 + $620). Where can i file 2011 taxes You can deduct the $5,100 if you itemize your deductions. Where can i file 2011 taxes Refund of overpaid interest. Where can i file 2011 taxes   If you receive a refund of mortgage interest you overpaid in a prior year, you generally will receive a Form 1098 showing the refund in box 3. Where can i file 2011 taxes Generally, you must include the refund in income in the year you receive it. Where can i file 2011 taxes See Refund of home mortgage interest , earlier, under Home Mortgage Interest. Where can i file 2011 taxes More than one borrower. Where can i file 2011 taxes   If you and at least one other person (other than your spouse if you file a joint return) were liable for and paid interest on a mortgage that was for your home, and the other person received a Form 1098 showing the interest that was paid during the year, attach a statement to your return explaining this. Where can i file 2011 taxes Show how much of the interest each of you paid, and give the name and address of the person who received the form. Where can i file 2011 taxes Deduct your share of the interest on Schedule A (Form 1040), line 11, and write “See attached” to the right of that line. Where can i file 2011 taxes Mortgage Insurance Premiums You may be able to take an itemized deduction on Schedule A (Form 1040), line 13, for premiums you pay or accrue during 2013 for qualified mortgage insurance in connection with home acquisition debt on your qualified home. Where can i file 2011 taxes Mortgage insurance premiums you paid or accrued on any mortgage insurance contract issued before January 1, 2007, are not deductible as an itemized deduction. Where can i file 2011 taxes Qualified Mortgage Insurance Qualified mortgage insurance is mortgage insurance provided by the Veterans Administration, the Federal Housing Administration, or the Rural Housing Administration, and private mortgage insurance (as defined in section 2 of the Homeowners Protection Act of 1998 as in effect on December 20, 2006). Where can i file 2011 taxes Prepaid mortgage insurance premiums. Where can i file 2011 taxes   If you paid premiums that are allocable to periods after 2013, you must allocate them over the shorter of: The stated term of the mortgage, or 84 months, beginning with the month the insurance was obtained. Where can i file 2011 taxes The premiums are treated as paid in the year to which they were allocated. Where can i file 2011 taxes If the mortgage is satisfied before its term, no deduction is allowed for the unamortized balance. Where can i file 2011 taxes See Publication 936 for details. Where can i file 2011 taxes Exception for certain mortgage insurance. Where can i file 2011 taxes   The allocation rules, explained above, do not apply to qualified mortgage insurance provided by the Department of Veterans Affairs or Rural Housing Service. Where can i file 2011 taxes Home Acquisition Debt Home acquisition debt is a mortgage you took out after October 13, 1987, to buy, build, or substantially improve a qualified home. Where can i file 2011 taxes It also must be secured by that home. Where can i file 2011 taxes If the amount of your mortgage is more than the cost of the home plus the cost of any substantial improvements, only the debt that is not more than the cost of the home plus improvements qualifies as home acquisition debt. Where can i file 2011 taxes Home acquisition debt limit. Where can i file 2011 taxes   The total amount you can treat as home acquisition debt at any time on your home cannot be more than $1 million ($500,000 if married filing separately). Where can i file 2011 taxes Discharges of qualified principal residence indebtedness. Where can i file 2011 taxes   You can exclude from gross income any discharges of qualified principal residence indebtedness made after 2006 and before 2014. Where can i file 2011 taxes You must reduce the basis of your principal residence (but not below zero) by the amount you exclude. Where can i file 2011 taxes Principal residence. Where can i file 2011 taxes   Your principal residence is the home where you ordinarily live most of the time. Where can i file 2011 taxes You can have only one principal residence at any one time. Where can i file 2011 taxes Qualified principal residence indebtedness. Where can i file 2011 taxes   This is a mortgage that you took out to buy, build, or substantially improve your principal residence and that is secured by that residence. Where can i file 2011 taxes If the amount of your original mortgage is more than the cost of your principal residence plus the cost of substantial improvements, qualified principal residence indebtedness cannot be more than the cost of your principal residence plus improvements. Where can i file 2011 taxes   Any debt secured by your principal residence that you use to refinance qualified principal residence indebtedness is qualified principal residence indebtedness up to the amount of your old mortgage principal just before the refinancing. Where can i file 2011 taxes Additional debt incurred to substantially improve your principal residence is also qualified principal residence indebtedness. Where can i file 2011 taxes Amount you can exclude. Where can i file 2011 taxes   You can only exclude debt discharged after 2006 and before 2014. Where can i file 2011 taxes The most you can exclude is $2 million ($1 million if married filing separately). Where can i file 2011 taxes You cannot exclude any amount that was discharged because of services performed for the lender or on account of any other factor not directly related either to a decline in the value of your residence or to your financial condition. Where can i file 2011 taxes Ordering rule. Where can i file 2011 taxes   If only a part of a loan is qualified principal residence indebtedness, you can exclude only the amount of the discharge that is more than the amount of the loan (immediately before the discharge) that is not qualified principal residence indebtedness. Where can i file 2011 taxes Qualified Home This means your main home or your second home. Where can i file 2011 taxes A home includes a house, condominium, cooperative, mobile home, house trailer, boat, or similar property that has sleeping, cooking, and toilet facilities. Where can i file 2011 taxes Main home. Where can i file 2011 taxes   You can have only one main home at any one time. Where can i file 2011 taxes This is the home where you ordinarily live most of the time. Where can i file 2011 taxes Second home and other special situations. Where can i file 2011 taxes   If you have a second home, use part of your home for other than residential living (such as a home office), rent out part of your home, or are having your home constructed, see Qualified Home in Publication 936. Where can i file 2011 taxes Limit on Deduction If your adjusted gross income (AGI) on Form 1040, line 38, is more than $100,000 ($50,000 if your filing status is married filing separately), the amount of your mortgage insurance premiums that are deductible is reduced and may be eliminated. Where can i file 2011 taxes See Line 13 in the instructions for Schedule A (Form 1040) and complete the Mortgage Insurance Premiums Deduction Worksheet to figure the amount you can deduct. Where can i file 2011 taxes If your AGI is more than $109,000 ($54,500 if married filing separately), you cannot deduct your mortgage insurance premiums. Where can i file 2011 taxes Form 1098. Where can i file 2011 taxes   The amount of mortgage insurance premiums you paid during 2013 should be reported in box 4. Where can i file 2011 taxes See Form 1098, Mortgage Interest Statement in Publication 936. Where can i file 2011 taxes Mortgage Interest Credit The mortgage interest credit is intended to help lower-income individuals afford home ownership. Where can i file 2011 taxes If you qualify, you can claim the credit on Form 8396 each year for part of the home mortgage interest you pay. Where can i file 2011 taxes Who qualifies. Where can i file 2011 taxes   You may be eligible for the credit if you were issued a qualified Mortgage Credit Certificate (MCC) from your state or local government. Where can i file 2011 taxes Generally, an MCC is issued only in connection with a new mortgage for the purchase of your main home. Where can i file 2011 taxes The MCC will show the certificate credit rate you will use to figure your credit. Where can i file 2011 taxes It also will show the certified indebtedness amount. Where can i file 2011 taxes Only the interest on that amount qualifies for the credit. Where can i file 2011 taxes See Figuring the Credit , later. Where can i file 2011 taxes You must contact the appropriate government agency about getting an MCC before you get a mortgage and buy your home. Where can i file 2011 taxes Contact your state or local housing finance agency for information about the availability of MCCs in your area. Where can i file 2011 taxes How to claim the credit. Where can i file 2011 taxes   To claim the credit, complete Form 8396 and attach it to your Form 1040 or Form 1040NR, U. Where can i file 2011 taxes S. Where can i file 2011 taxes Nonresident Alien Income Tax Return. Where can i file 2011 taxes Include the credit in your total for Form 1040, line 53, or Form 1040NR, line 50; be sure to check box c and write “Form 8396” on that line. Where can i file 2011 taxes Reducing your home mortgage interest deduction. Where can i file 2011 taxes   If you itemize your deductions on Schedule A (Form 1040), you must reduce your home mortgage interest deduction by the amount of the mortgage interest credit shown on Form 8396, line 3. Where can i file 2011 taxes You must do this even if part of that amount is to be carried forward to 2014. Where can i file 2011 taxes Selling your home. Where can i file 2011 taxes   If you purchase a home after 1990 using an MCC, and you sell that home within 9 years, you may have to recapture (repay) all or part of the benefit you received from the MCC program. Where can i file 2011 taxes For additional information, see Recapturing (Paying Back) a Federal Mortgage Subsidy, in Publication 523. Where can i file 2011 taxes Figuring the Credit Figure your credit on Form 8396. Where can i file 2011 taxes Mortgage not more than certified indebtedness. Where can i file 2011 taxes   If your mortgage loan amount is equal to (or smaller than) the certified indebtedness amount shown on your MCC, enter on Form 8396, line 1, all the interest you paid on your mortgage during the year. Where can i file 2011 taxes Mortgage more than certified indebtedness. Where can i file 2011 taxes   If your mortgage loan amount is larger than the certified indebtedness amount shown on your MCC, you can figure the credit on only part of the interest you paid. Where can i file 2011 taxes To find the amount to enter on line 1, multiply the total interest you paid during the year on your mortgage by the following fraction. Where can i file 2011 taxes Certified indebtedness amount on your MCC Original amount of your mortgage   The fraction will not change as long as you are entitled to take the mortgage interest credit. Where can i file 2011 taxes Example. Where can i file 2011 taxes Emily bought a home this year. Where can i file 2011 taxes Her mortgage loan is $125,000. Where can i file 2011 taxes The certified indebtedness amount on her MCC is $100,000. Where can i file 2011 taxes She paid $7,500 interest this year. Where can i file 2011 taxes Emily figures the interest to enter on Form 8396, line 1, as follows:   $100,000 = 80% (. Where can i file 2011 taxes 80)       $125,000       $7,500 x . Where can i file 2011 taxes 80 = $6,000   Emily enters $6,000 on Form 8396, line 1. Where can i file 2011 taxes In each later year, she will figure her credit using only 80% of the interest she pays for that year. Where can i file 2011 taxes Limits Two limits may apply to your credit. Where can i file 2011 taxes A limit based on the credit rate, and A limit based on your tax. Where can i file 2011 taxes Limit based on credit rate. Where can i file 2011 taxes   If the certificate credit rate is higher than 20%, the credit you are allowed cannot be more than $2,000. Where can i file 2011 taxes Limit based on tax. Where can i file 2011 taxes   After applying the limit based on the credit rate, your credit generally cannot be more than your tax liability. Where can i file 2011 taxes See the Credit Limit Worksheet in the Form 8396 instructions to calculate the limit based on tax. Where can i file 2011 taxes Dividing the Credit If two or more persons (other than a married couple filing a joint return) hold an interest in the home to which the MCC relates, the credit must be divided based on the interest held by each person. Where can i file 2011 taxes Example. Where can i file 2011 taxes John and his brother, George, were issued an MCC. Where can i file 2011 taxes They used it to get a mortgage on their main home. Where can i file 2011 taxes John has a 60% ownership interest in the home, and George has a 40% ownership interest in the home. Where can i file 2011 taxes John paid $5,400 mortgage interest this year and George paid $3,600. Where can i file 2011 taxes The MCC shows a credit rate of 25% and a certified indebtedness amount of $130,000. Where can i file 2011 taxes The loan amount (mortgage) on their home is $120,000. Where can i file 2011 taxes The credit is limited to $2,000 because the credit rate is more than 20%. Where can i file 2011 taxes John figures the credit by multiplying the mortgage interest he paid this year ($5,400) by the certificate credit rate (25%) for a total of $1,350. Where can i file 2011 taxes His credit is limited to $1,200 ($2,000 × 60%). Where can i file 2011 taxes George figures the credit by multiplying the mortgage interest he paid this year ($3,600) by the certificate credit rate (25%) for a total of $900. Where can i file 2011 taxes His credit is limited to $800 ($2,000 × 40%). Where can i file 2011 taxes Carryforward If your allowable credit is reduced because of the limit based on your tax, you can carry forward the unused portion of the credit to the next 3 years or until used, whichever comes first. Where can i file 2011 taxes Example. Where can i file 2011 taxes You receive a mortgage credit certificate from State X. Where can i file 2011 taxes This year, your regular tax liability is $1,100, you owe no alternative minimum tax, and your mortgage interest credit is $1,700. Where can i file 2011 taxes You claim no other credits. Where can i file 2011 taxes Your unused mortgage interest credit for this year is $600 ($1,700 − $1,100). Where can i file 2011 taxes You can carry forward this amount to the next 3 years or until used, whichever comes first. Where can i file 2011 taxes Credit rate more than 20%. Where can i file 2011 taxes   If you are subject to the $2,000 limit because your certificate credit rate is more than 20%, you cannot carry forward any amount more than $2,000 (or your share of the $2,000 if you must divide the credit). Where can i file 2011 taxes Example. Where can i file 2011 taxes In the earlier example under Dividing the Credit , John and George used the entire $2,000 credit. Where can i file 2011 taxes The excess   John $1,350 − $1,200 = $150     George $900 − $800 = $100   $150 for John ($1,350 − $1,200) and $100 for George ($900 − $800) cannot be carried forward to future years, despite the respective tax liabilities for John and George. Where can i file 2011 taxes Refinancing If you refinance your original mortgage loan on which you had been given an MCC, you must get a new MCC to be able to claim the credit on the new loan. Where can i file 2011 taxes The amount of credit you can claim on the new loan may change. Where can i file 2011 taxes Table 2 below summarizes how to figure your credit if you refinance your original mortgage loan. Where can i file 2011 taxes Table 2. Where can i file 2011 taxes Effect of Refinancing on Your Credit IF you get a new (reissued) MCC and the amount of your new mortgage is . Where can i file 2011 taxes . Where can i file 2011 taxes . Where can i file 2011 taxes THEN the interest you claim on Form 8396, line 1, is* . Where can i file 2011 taxes . Where can i file 2011 taxes . Where can i file 2011 taxes smaller than or equal to the certified indebtedness amount on the new MCC all the interest paid during the year on your new mortgage. Where can i file 2011 taxes larger than the certified indebtedness amount on the new MCC interest paid during the year on your new mortgage multiplied by the following fraction. Where can i file 2011 taxes         certified indebtedness  amount on your new MCC       original amount of your  mortgage   *The credit using the new MCC cannot be more than the credit using the old MCC. Where can i file 2011 taxes  See New MCC cannot increase your credit above. Where can i file 2011 taxes An issuer may reissue an MCC after you refinance your mortgage. Where can i file 2011 taxes If you did not get a new MCC, you may want to contact the state or local housing finance agency that issued your original MCC for information about whether you can get a reissued MCC. Where can i file 2011 taxes Year of refinancing. Where can i file 2011 taxes   In the year of refinancing, add the applicable amount of interest paid on the old mortgage and the applicable amount of interest paid on the new mortgage, and enter the total on Form 8396, line 1. Where can i file 2011 taxes   If your new MCC has a credit rate different from the rate on the old MCC, you must attach a statement to Form 8396. Where can i file 2011 taxes The statement must show the calculation for lines 1, 2, and 3 for the part of the year when the old MCC was in effect. Where can i file 2011 taxes It must show a separate calculation for the part of the year when the new MCC was in effect. Where can i file 2011 taxes Combine the amounts from both calculations for line 3, enter the total on line 3 of the form, and write “See attached” on the dotted line next to line 2. Where can i file 2011 taxes New MCC cannot increase your credit. Where can i file 2011 taxes   The credit that you claim with your new MCC cannot be more than the credit that you could have claimed with your old MCC. Where can i file 2011 taxes   In most cases, the agency that issues your new MCC will make sure that it does not increase your credit. Where can i file 2011 taxes However, if either your old loan or your new loan has a variable (adjustable) interest rate, you will need to check this yourself. Where can i file 2011 taxes In that case, you will need to know the amount of the credit you could have claimed using the old MCC. Where can i file 2011 taxes   There are two methods for figuring the credit you could have claimed. Where can i file 2011 taxes Under one method, you figure the actual credit that would have been allowed. Where can i file 2011 taxes This means you use the credit rate on the old MCC and the interest you would have paid on the old loan. Where can i file 2011 taxes   If your old loan was a variable rate mortgage, you can use another method to determine the credit that you could have claimed. Where can i file 2011 taxes Under this method, you figure the credit using a payment schedule of a hypothetical self-amortizing mortgage with level payments projected to the final maturity date of the old mortgage. Where can i file 2011 taxes The interest rate of the hypothetical mortgage is the annual percentage rate (APR) of the new mortgage for purposes of the Federal Truth in Lending Act. Where can i file 2011 taxes The principal of the hypothetical mortgage is the remaining outstanding balance of the certified mortgage indebtedness shown on the old MCC. Where can i file 2011 taxes    You must choose one method and use it consistently beginning with the first tax year for which you claim the credit based on the new MCC. Where can i file 2011 taxes    As part of your tax records, you should keep your old MCC and the schedule of payments for your old mortgage. Where can i file 2011 taxes Basis Basis is your starting point for figuring a gain or loss if you later sell your home, or for figuring depreciation if you later use part of your home for business purposes or for rent. Where can i file 2011 taxes While you own your home, you may add certain items to your basis. Where can i file 2011 taxes You may subtract certain other items from your basis. Where can i file 2011 taxes These items are called adjustments to basis and are explained later under Adjusted Basis . Where can i file 2011 taxes It is important that you understand these terms when you first acquire your home because you must keep track of your basis and adjusted basis during the period you own your home. Where can i file 2011 taxes You also must keep records of the events that affect basis or adjusted basis. Where can i file 2011 taxes See Keeping Records , below. Where can i file 2011 taxes Figuring Your Basis How you figure your basis depends on how you acquire your home. Where can i file 2011 taxes If you buy or build your home, your cost is your basis. Where can i file 2011 taxes If you receive your home as a gift, your basis is usually the same as the adjusted basis of the person who gave you the property. Where can i file 2011 taxes If you inherit your home from a decedent, different rules apply depending on the date of the decedent's death. Where can i file 2011 taxes Each of these topics is discussed later. Where can i file 2011 taxes Property transferred from a spouse. Where can i file 2011 taxes   If your home is transferred to you from your spouse, or from your former spouse as a result of a divorce, your basis is the same as your spouse's (or former spouse's) adjusted basis just before the transfer. Where can i file 2011 taxes Publication 504, Divorced or Separated Individuals, fully discusses transfers between spouses. Where can i file 2011 taxes Cost as Basis The cost of your home, whether you purchased it or constructed it, is the amount you paid for it, including any debt you assumed. Where can i file 2011 taxes The cost of your home includes most settlement or closing costs you paid when you bought the home. Where can i file 2011 taxes If you built your home, your cost includes most closing costs paid when you bought the land or settled on your mortgage. Where can i file 2011 taxes See Settlement or closing costs , later. Where can i file 2011 taxes If you elect to deduct the sales taxes on the purchase or construction of your home as an itemized deduction on Schedule A (Form 1040), you cannot include the sales taxes as part of your cost basis in the home. Where can i file 2011 taxes Purchase. Where can i file 2011 taxes   The basis of a home you bought is the amount you paid for it. Where can i file 2011 taxes This usually includes your down payment and any debt you assumed. Where can i file 2011 taxes The basis of a cooperative apartment is the amount you paid for your shares in the corporation that owns or controls the property. Where can i file 2011 taxes This amount includes any purchase commissions or other costs of acquiring the shares. Where can i file 2011 taxes Construction. Where can i file 2011 taxes   If you contracted to have your home built on land that you own, your basis in the home is your basis in the land plus the amount you paid to have the home built. Where can i file 2011 taxes This includes the cost of labor and materials, the amount you paid the contractor, any architect's fees, building permit charges, utility meter and connection charges, and legal fees that are directly connected with building your home. Where can i file 2011 taxes If you built all or part of your home yourself, your basis is the total amount it cost you to build it. Where can i file 2011 taxes You cannot include in basis the value of your own labor or any other labor for which you did not pay. Where can i file 2011 taxes Real estate taxes. Where can i file 2011 taxes   Real estate taxes are usually divided so that you and the seller each pay taxes for the part of the property tax year that each owned the home. Where can i file 2011 taxes See the earlier discussion of Real estate taxes paid at settlement or closing , under Real Estate Taxes, earlier, to figure the real estate taxes you paid or are considered to have paid. Where can i file 2011 taxes   If you pay any part of the seller's share of the real estate taxes (the taxes up to the date of sale), and the seller did not reimburse you, add those taxes to your basis in the home. Where can i file 2011 taxes You cannot deduct them as taxes paid. Where can i file 2011 taxes   If the seller paid any of your share of the real estate taxes (the taxes beginning with the date of sale), you can still deduct those taxes. Where can i file 2011 taxes Do not include those taxes in your basis. Where can i file 2011 taxes If you did not reimburse the seller, you must reduce your basis by the amount of those taxes. Where can i file 2011 taxes Example 1. Where can i file 2011 taxes You bought your home on September 1. Where can i file 2011 taxes The property tax year in your area is the calendar year, and the tax is due on August 15. Where can i file 2011 taxes The real estate taxes on the home you bought were $1,275 for the year and had been paid by the seller on August 15. Where can i file 2011 taxes You did not reimburse the seller for your share of the real estate taxes from September 1 through December 31. Where can i file 2011 taxes You must reduce the basis of your home by the $426 [(122 ÷ 365) × $1,275] the seller paid for you. Where can i file 2011 taxes You can deduct your $426 share of real estate taxes on your return for the year you purchased your home. Where can i file 2011 taxes Example 2. Where can i file 2011 taxes You bought your home on May 3, 2013. Where can i file 2011 taxes The property tax year in your area is the calendar year. Where can i file 2011 taxes The taxes for the previous year are assessed on January 2 and are due on May 31 and November 30. Where can i file 2011 taxes Under state law, the taxes become a lien on May 31. Where can i file 2011 taxes You agreed to pay all taxes due after the date of sale. Where can i file 2011 taxes The taxes due in 2013 for 2012 were $1,375. Where can i file 2011 taxes The taxes due in 2014 for 2013 will be $1,425. Where can i file 2011 taxes You cannot deduct any of the taxes paid in 2013 because they relate to the 2012 property tax year and you did not own the home until 2013. Where can i file 2011 taxes Instead, you add the $1,375 to the cost (basis) of your home. Where can i file 2011 taxes You owned the home in 2013 for 243 days (May 3 to December 31), so you can take a tax deduction on your 2014 return of $949 [(243 ÷ 365) × $1,425] paid in 2014 for 2013. Where can i file 2011 taxes You add the remaining $476 ($1,425 − $949) of taxes paid in 2014 to the cost (basis) of your home. Where can i file 2011 taxes Settlement or closing costs. Where can i file 2011 taxes   If you bought your home, you probably paid settlement or closing costs in addition to the contract price. Where can i file 2011 taxes These costs are divided between you and the seller according to the sales contract, local custom, or understanding of the parties. Where can i file 2011 taxes If you built your home, you probably paid these costs when you bought the land or settled on your mortgage. Where can i file 2011 taxes   The only settlement or closing costs you can deduct are home mortgage interest and certain real estate taxes. Where can i file 2011 taxes You deduct them in the year you buy your home if you itemize your deductions. Where can i file 2011 taxes You can add certain other settlement or closing costs to the basis of your home. Where can i file 2011 taxes Items added to basis. Where can i file 2011 taxes   You can include in your basis the settlement fees and closing costs you paid for buying your home. Where can i file 2011 taxes A fee is for buying the home if you would have had to pay it even if you paid cash for the home. Where can i file 2011 taxes   The following are some of the settlement fees and closing costs that you can include in the original basis of your home. Where can i file 2011 taxes Abstract fees (abstract of title fees). Where can i file 2011 taxes Charges for installing utility services. Where can i file 2011 taxes Legal fees (including fees for the title search and preparation of the sales contract and deed). Where can i file 2011 taxes Recording fees. Where can i file 2011 taxes Surveys. Where can i file 2011 taxes Transfer or stamp taxes. Where can i file 2011 taxes Owner's title insurance. Where can i file 2011 taxes Any amount the seller owes that you agree to pay, such as back taxes or interest, recording or mortgage fees, cost for improvements or repairs, and sales commissions. Where can i file 2011 taxes   If the seller actually paid for any item for which you are liable and for which you can take a deduction (such as your share of the real estate taxes for the year of sale), you must reduce your basis by that amount unless you are charged for it in the settlement. Where can i file 2011 taxes Items not added to basis and not deductible. Where can i file 2011 taxes   Here are some settlement and closing costs that you cannot deduct or add to your basis. Where can i file 2011 taxes Fire insurance premiums. Where can i file 2011 taxes Charges for using utilities or other services related to occupancy of the home before closing. Where can i file 2011 taxes Rent for occupying the home before closing. Where can i file 2011 taxes Charges connected with getting or refinancing a mortgage loan, such as: Loan assumption fees, Cost of a credit report, and Fee for an appraisal required by a lender. Where can i file 2011 taxes Points paid by seller. Where can i file 2011 taxes   If you bought your home after April 3, 1994, you must reduce your basis by any points paid for your mortgage by the person who sold you your home. Where can i file 2011 taxes   If you bought your home after 1990 but before April 4, 1994, you must reduce your basis by seller-paid points only if you deducted them. Where can i file 2011 taxes See Points , earlier, for the rules on deducting points. Where can i file 2011 taxes Gift To figure the basis of property you receive as a gift, you must know its adjusted basis (defined later) to the donor just before it was given to you, its fair market value (FMV) at the time it was given to you, and any gift tax paid on it. Where can i file 2011 taxes Fair market value. Where can i file 2011 taxes   Fair market value (FMV) is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and who both have a reasonable knowledge of all the necessary facts. Where can i file 2011 taxes Donor's adjusted basis is more than FMV. Where can i file 2011 taxes   If someone gave you your home and the donor's adjusted basis, when it was given to you, was more than the FMV, your basis at the time of receipt is the same as the donor's adjusted basis. Where can i file 2011 taxes Disposition basis. Where can i file 2011 taxes   If the donor's adjusted basis at the time of the gift is more than the FMV, your basis (plus or minus any required adjustments, see Adjusted Basis , later) when you dispose of the property will depend on whether you have a gain or a loss. Where can i file 2011 taxes Your basis for figuring a gain is the same as the donor's adjusted basis. Where can i file 2011 taxes Your basis for figuring a loss is the FMV when you received the gift. Where can i file 2011 taxes If you use the donor's adjusted basis to figure a gain and it results in a loss, then you must use the FMV (at the time of the gift) to refigure the loss. Where can i file 2011 taxes However, if using the FMV results in a gain, then you neither have a gain nor a loss. Where can i file 2011 taxes Example 1. Where can i file 2011 taxes Andrew received a house as a gift from Ishmael (the donor). Where can i file 2011 taxes At the time of the gift, the home had an FMV of $80,000. Where can i file 2011 taxes Ishmael's adjusted basis was $100,000. Where can i file 2011 taxes After he received the house, no events occurred to increase or decrease the basis. Where can i file 2011 taxes If Andrew sells the house for $120,000, he will have a $20,000 gain because he must use the donor's adjusted basis ($100,000) at the time of the gift as his basis to figure the gain. Where can i file 2011 taxes Example 2. Where can i file 2011 taxes Same facts as Example 1 , except this time Andrew sells the house for $70,000. Where can i file 2011 taxes He will have a loss of $10,000 because he must use the FMV ($80,000) at the time of the gift as his basis to figure the loss. Where can i file 2011 taxes Example 3. Where can i file 2011 taxes Same facts as Example 1 , except this time Andrew sells the house for $90,000. Where can i file 2011 taxes Initially, he figures the gain using Ishmael's adjusted basis ($100,000), which results in a loss of $10,000. Where can i file 2011 taxes Since it is a loss, Andrew must now recalculate the loss using the FMV ($80,000), which results in a gain of $10,000. Where can i file 2011 taxes So in this situation, Andrew will neither have a gain nor a loss. Where can i file 2011 taxes Donor's adjusted basis equal to or less than the FMV. Where can i file 2011 taxes   If someone gave you your home after 1976 and the donor's adjusted basis, when it was given to you, was equal to or less than the FMV, your basis at the time of receipt is the same as the donor's adjusted basis, plus the part of any federal gift tax paid that is due to the net increase in value of the home. Where can i file 2011 taxes Part of federal gift tax due to net increase in value. Where can i file 2011 taxes   Figure the part of the federal gift tax paid that is due to the net increase in value of the home by multiplying the total federal gift tax paid by a fraction. Where can i file 2011 taxes The numerator (top part) of the fraction is the net increase in the value of the home, and the denominator (bottom part) is the value of the home for gift tax purposes after reduction for any annual exclusion and marital or charitable deduction that applies to the gift. Where can i file 2011 taxes The net increase in the value of the home is its FMV minus the adjusted basis of the donor. Where can i file 2011 taxes Publication 551 gives more information, including examples, on figuring your basis when you receive property as a gift. Where can i file 2011 taxes Inheritance Your basis in a home you inherited is generally the fair market value of the home on the date of the decedent's death or on the alternative valuation date if the personal representative for the estate chooses to use alternative valuation. Where can i file 2011 taxes If an estate tax return was filed, your basis is generally the value of the home listed on the estate tax return. Where can i file 2011 taxes If an estate tax return was not filed, your basis is the appraised value of the home at the decedent's date of death for state inheritance or transmission taxes. Where can i file 2011 taxes Publication 551 and Publication 559, Survivors, Executors, and Administrators, have more information on the basis of inherited property. Where can i file 2011 taxes If you inherited your home from someone who died in 2010, and the executor of the decedent's estate made the election to file Form 8939, Allocation of Increase in Basis for Property Acquired From a Decedent, refer to the information provided by the executor or see Publication 4895, Tax Treatment of Property Acquired From a Decedent Dying in 2010. Where can i file 2011 taxes Adjusted Basis While you own your home, various events may take place that can change the original basis of your home. Where can i file 2011 taxes These events can increase or decrease your original basis. Where can i file 2011 taxes The result is called adjusted basis. Where can i file 2011 taxes See Table 3, on this page, for a list of some of the items that can adjust your basis. Where can i file 2011 taxes Table 3. Where can i file 2011 taxes Adjusted Basis This table lists examples of some items that generally will increase or decrease your basis in your home. Where can i file 2011 taxes It is not intended to be all-inclusive. Where can i file 2011 taxes Increases to Basis Decreases to Basis Improvements: Putting an addition on your home Replacing an entire roof Paving your driveway Installing central air conditioning Rewiring your home Assessments for local improvements (see Assessments for local benefits , under What You Can and Cannot Deduct, earlier) Amounts spent to restore damaged property Insurance or other reimbursement for casualty losses Deductible casualty loss not covered by insurance Payments received for easement or right-of-way granted Depreciation allowed or allowable if home is used for business or rental purposes Value of subsidy for energy conservation measure excluded from income Improvements. Where can i file 2011 taxes   An improvement materially adds to the value of your home, considerably prolongs its useful life, or adapts it to new uses. Where can i file 2011 taxes You must add the cost of any improvements to the basis of your home. Where can i file 2011 taxes You cannot deduct these costs. Where can i file 2011 taxes   Improvements include putting a recreation room in your unfinished basement, adding another bathroom or bedroom, putting up a fence, putting in new plumbing or wiring, installing a new roof, and paving your driveway. Where can i file 2011 taxes Amount added to basis. Where can i file 2011 taxes   The amount you add to your basis for improvements is your actual cost. Where can i file 2011 taxes This includes all costs for material and labor, except your own labor, and all expenses related to the improvement. Where can i file 2011 taxes For example, if you had your lot surveyed to put up a fence, the cost of the survey is a part of the cost of the fence. Where can i file 2011 taxes   You also must add to your basis state and local assessments for improvements such as streets and sidewalks if they increase the value of the property. Where can i file 2011 taxes These assessments are discussed earlier under Real Estate Taxes . Where can i file 2011 taxes Improvements no longer part of home. Where can i file 2011 taxes    Your home's adjusted basis does not include the cost of any improvements that are replaced and are no longer part of the home. Where can i file 2011 taxes Example. Where can i file 2011 taxes You put wall-to-wall carpeting in your home 15 years ago. Where can i file 2011 taxes Later, you replaced that carpeting with new wall-to-wall carpeting. Where can i file 2011 taxes The cost of the old carpeting you replaced is no longer part of your home's adjusted basis. Where can i file 2011 taxes Repairs versus improvements. Where can i file 2011 taxes   A repair keeps your home in an ordinary, efficient operating condition. Where can i file 2011 taxes It does not add to the value of your home or prolong its life. Where can i file 2011 taxes Repairs include repainting your home inside or outside, fixing your gutters or floors, fixing leaks or plastering, and replacing broken window panes. Where can i file 2011 taxes You cannot deduct repair costs and generally cannot add them to the basis of your home. Where can i file 2011 taxes   However, repairs that are done as part of an extensive remodeling or restoration of your home are considered improvements. Where can i file 2011 taxes You add them to the basis of your home. Where can i file 2011 taxes Records to keep. Where can i file 2011 taxes   You can use Table 4 (at the end of the publication) as a guide to help you keep track of improvements to your home. Where can i file 2011 taxes Also see Keeping Records , below. Where can i file 2011 taxes Energy conservation subsidy. Where can i file 2011 taxes   If a public utility gives you (directly or indirectly) a subsidy for the purchase or installation of an energy conservation measure for your home, do not include the value of that subsidy in your income. Where can i file 2011 taxes You must reduce the basis of your home by that value. Where can i file 2011 taxes   An energy conservation measure is an installation or modification primarily designed to reduce consumption of electricity or natural gas or to improve the management of energy demand. Where can i file 2011 taxes Keeping Records Keeping full and accurate records is vital to properly report your income and expenses, to support your deductions and credits, and to know the basis or adjusted basis of your home. Where can i file 2011 taxes These records include your purchase contract and settlement papers if you bought the property, or other objective evidence if you acquired it by gift, inheritance, or similar means. Where can i file 2011 taxes You should keep any receipts, canceled checks, and similar evidence for improvements or other additions to the basis. Where can i file 2011 taxes In addition, you should keep track of any decreases to the basis such as those listed in Table 3, earlier. Where can i file 2011 taxes How to keep records. Where can i file 2011 taxes   How you keep records is up to you, but they must be clear and accurate and must be available to the IRS. Where can i file 2011 taxes How long to keep records. Where can i file 2011 taxes   You must keep your records for as long as they are important for meeting any provision of the federal tax law. Where can i file 2011 taxes   Keep records that support an item of income, a deduction, or a credit appearing on a return until the period of limitations for the return runs out. Where can i file 2011 taxes (A period of limitations is the period of time after which no legal action can be brought. Where can i file 2011 taxes ) For assessment of tax you owe, this is generally 3 years from the date you filed the return. Where can i file 2011 taxes For filing a claim for credit or refund, this is generally 3 years from the date you filed the original return, or 2 years from the date you paid the tax, whichever is later. Where can i file 2011 taxes Returns filed before the due date are treated as filed on the due date. Where can i file 2011 taxes   You may need to keep records relating to the basis of property (discussed earlier) for longer than the period of limitations. Where can i file 2011 taxes Keep those records as long as they are important in figuring the basis of the original or replacement property. Where can i file 2011 taxes Generally, this means for as long as you own the property and, after you dispose of it, for the period of limitations that applies to you. Where can i file 2011 taxes Table 4. Where can i file 2011 taxes Record of Home Improvements Keep this for your records. Where can i file 2011 taxes Also, keep receipts or other proof of improvements. Where can i file 2011 taxes Remove from this record any improvements that are no longer part of your main home. Where can i file 2011 taxes For example, if you put wall-to-wall carpeting in your home and later replace it with new wall-to-wall carpeting, remove the cost of the first carpeting. Where can i file 2011 taxes (a) Type of Improvement (b) Date (c) Amount   (a) Type of Improvement (b) Date (c) Amount Additions:       Heating & Air  Conditioning:     Bedroom       Heating system     Bathroom       Central air conditioning     Deck       Furnace     Garage       Duct work     Porch       Central humidifier     Patio       Filtration system     Storage shed       Other     Fireplace       Electrical:     Other           Lawn & Grounds:       Lighting fixtures           Wiring upgrades     Landscaping       Other     Driveway       Plumbing:     Walkway           Fences       Water heater     Retaining wall       Soft water system     Sprinkler system       Filtration system     Swimming pool       Other     Exterior lighting       Insulation:     Other           Communications:       Attic           Walls     Satellite dish       Floors     Intercom       Pipes and duct work     Security system       Other     Other             Miscellaneous:       Interior  Improvements:     Storm windows and doors       Built-in appliances     Roof       Kitchen modernization     Central vacuum       Bathroom modernization     Other       Flooring             Wall-to-wall carpeting             Other     How To