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Www irs gov formspubs Publication 551 - Main Content Table of Contents Cost BasisStocks and Bonds Real Property Business Assets Allocating the Basis Adjusted BasisIncreases to Basis Decreases to Basis Adjustments to Basis Example Basis Other Than CostProperty Received for Services Taxable Exchanges Nontaxable Exchanges Property Transferred From a Spouse Property Received as a Gift Inherited Property Property Changed to Business or Rental Use How To Get Tax HelpLow Income Taxpayer Clinics (LITCs). Www irs gov formspubs Cost Basis The basis of property you buy is usually its cost. Www irs gov formspubs The cost is the amount you pay in cash, debt obligations, other property, or services. Www irs gov formspubs Your cost also includes amounts you pay for the following items. Www irs gov formspubs Sales tax, Freight, Installation and testing, Excise taxes, Legal and accounting fees (when they must be capitalized), Revenue stamps, Recording fees, and Real estate taxes (if assumed for the seller). Www irs gov formspubs  You may also have to capitalize (add to basis) certain other costs related to buying or producing property. Www irs gov formspubs Loans with low or no interest. Www irs gov formspubs   If you buy property on a time-payment plan that charges little or no interest, the basis of your property is your stated purchase price, minus the amount considered to be unstated interest. Www irs gov formspubs You generally have unstated interest if your interest rate is less than the applicable federal rate. Www irs gov formspubs For more information, see Unstated Interest and Original Issue Discount in Publication 537. Www irs gov formspubs Purchase of a business. Www irs gov formspubs   When you purchase a trade or business, you generally purchase all assets used in the business operations, such as land, buildings, and machinery. Www irs gov formspubs Allocate the price among the various assets, including any section 197 intangibles. Www irs gov formspubs See Allocating the Basis, later. Www irs gov formspubs Stocks and Bonds The basis of stocks or bonds you buy is generally the purchase price plus any costs of purchase, such as commissions and recording or transfer fees. Www irs gov formspubs If you get stocks or bonds other than by purchase, your basis is usually determined by the fair market value (FMV) or the previous owner's adjusted basis of the stock. Www irs gov formspubs You must adjust the basis of stocks for certain events that occur after purchase. Www irs gov formspubs See Stocks and Bonds in chapter 4 of Publication 550 for more information on the basis of stock. Www irs gov formspubs Identifying stock or bonds sold. Www irs gov formspubs   If you can adequately identify the shares of stock or the bonds you sold, their basis is the cost or other basis of the particular shares of stock or bonds. Www irs gov formspubs If you buy and sell securities at various times in varying quantities and you cannot adequately identify the shares you sell, the basis of the securities you sell is the basis of the securities you acquired first. Www irs gov formspubs For more information about identifying securities you sell, see Stocks and Bonds under Basis of Investment Property in chapter 4 of Publication 550. Www irs gov formspubs Mutual fund shares. Www irs gov formspubs   If you sell mutual fund shares acquired at different times and prices, you can choose to use an average basis. Www irs gov formspubs For more information, see Publication 550. Www irs gov formspubs Real Property Real property, also called real estate, is land and generally anything built on or attached to it. Www irs gov formspubs If you buy real property, certain fees and other expenses become part of your cost basis in the property. Www irs gov formspubs Real estate taxes. Www irs gov formspubs   If you pay real estate taxes the seller owed on real property you bought, and the seller did not reimburse you, treat those taxes as part of your basis. Www irs gov formspubs You cannot deduct them as taxes. Www irs gov formspubs   If you reimburse the seller for taxes the seller paid for you, you can usually deduct that amount as an expense in the year of purchase. Www irs gov formspubs Do not include that amount in the basis of the property. Www irs gov formspubs If you did not reimburse the seller, you must reduce your basis by the amount of those taxes. Www irs gov formspubs Settlement costs. Www irs gov formspubs   Your basis includes the settlement fees and closing costs for buying property. Www irs gov formspubs You cannot include in your basis the fees and costs for getting a loan on property. Www irs gov formspubs A fee for buying property is a cost that must be paid even if you bought the property for cash. Www irs gov formspubs   The following items are some of the settlement fees or closing costs you can include in the basis of your property. Www irs gov formspubs Abstract fees (abstract of title fees); Charges for installing utility services; Legal fees (including title search and preparation of the sales contract and deed); Recording fees; Surveys; Transfer taxes; Owner's title insurance; and Any amounts the seller owes that you agree to pay, such as back taxes or interest, recording or mortgage fees, charges for improvements or repairs, and sales commissions. Www irs gov formspubs   Settlement costs do not include amounts placed in escrow for the future payment of items such as taxes and insurance. Www irs gov formspubs   The following items are some settlement fees and closing costs you cannot include in the basis of the property. Www irs gov formspubs Casualty insurance premiums. Www irs gov formspubs Rent for occupancy of the property before closing. Www irs gov formspubs Charges for utilities or other services related to occupancy of the property before closing. Www irs gov formspubs Charges connected with getting a loan. Www irs gov formspubs The following are examples of these charges. Www irs gov formspubs Points (discount points, loan origination fees). Www irs gov formspubs Mortgage insurance premiums. Www irs gov formspubs Loan assumption fees. Www irs gov formspubs Cost of a credit report. Www irs gov formspubs Fees for an appraisal required by a lender. Www irs gov formspubs Fees for refinancing a mortgage. Www irs gov formspubs If these costs relate to business property, items (1) through (3) are deductible as business expenses. Www irs gov formspubs Items (4) and (5) must be capitalized as costs of getting a loan and can be deducted over the period of the loan. Www irs gov formspubs Points. Www irs gov formspubs   If you pay points to obtain a loan (including a mortgage, second mortgage, line of credit, or a home equity loan), do not add the points to the basis of the related property. Www irs gov formspubs Generally, you deduct the points over the term of the loan. Www irs gov formspubs For more information on how to deduct points, see Points in chapter 4 of Publication 535. Www irs gov formspubs Points on home mortgage. Www irs gov formspubs   Special rules may apply to points you and the seller pay when you obtain a mortgage to purchase your main home. Www irs gov formspubs If certain requirements are met, you can deduct the points in full for the year in which they are paid. Www irs gov formspubs Reduce the basis of your home by any seller-paid points. Www irs gov formspubs For more information, see Points in Publication 936, Home Mortgage Interest Deduction. Www irs gov formspubs Assumption of mortgage. Www irs gov formspubs   If you buy property and assume (or buy subject to) an existing mortgage on the property, your basis includes the amount you pay for the property plus the amount to be paid on the mortgage. Www irs gov formspubs Example. Www irs gov formspubs If you buy a building for $20,000 cash and assume a mortgage of $80,000 on it, your basis is $100,000. Www irs gov formspubs Constructing assets. Www irs gov formspubs   If you build property or have assets built for you, your expenses for this construction are part of your basis. Www irs gov formspubs Some of these expenses include the following costs. Www irs gov formspubs Land, Labor and materials, Architect's fees, Building permit charges, Payments to contractors, Payments for rental equipment, and Inspection fees. Www irs gov formspubs In addition, if you own a business and use your employees, material, and equipment to build an asset, do not deduct the following expenses. Www irs gov formspubs You must include them in the asset's basis. Www irs gov formspubs Employee wages paid for the construction work, reduced by any employment credits allowed; Depreciation on equipment you own while it is used in the construction; Operating and maintenance costs for equipment used in the construction; and The cost of business supplies and materials used in the construction. Www irs gov formspubs    Do not include the value of your own labor, or any other labor you did not pay for, in the basis of any property you construct. Www irs gov formspubs Business Assets If you purchase property to use in your business, your basis is usually its actual cost to you. Www irs gov formspubs If you construct, create, or otherwise produce property, you must capitalize the costs as your basis. Www irs gov formspubs In certain circumstances, you may be subject to the uniform capitalization rules, next. Www irs gov formspubs Uniform Capitalization Rules The uniform capitalization rules specify the costs you add to basis in certain circumstances. Www irs gov formspubs Activities subject to the rules. Www irs gov formspubs   You must use the uniform capitalization rules if you do any of the following in your trade or business or activity carried on for profit. Www irs gov formspubs Produce real or tangible personal property for use in the business or activity, Produce real or tangible personal property for sale to customers, or Acquire property for resale. Www irs gov formspubs However, this rule does not apply to personal property if your average annual gross receipts for the 3 previous tax years are $10 million or less. Www irs gov formspubs   You produce property if you construct, build, install, manufacture, develop, improve, create, raise, or grow the property. Www irs gov formspubs Treat property produced for you under a contract as produced by you up to the amount you pay or costs you otherwise incur for the property. Www irs gov formspubs Tangible personal property includes films, sound recordings, video tapes, books, or similar property. Www irs gov formspubs    Under the uniform capitalization rules, you must capitalize all direct costs and an allocable part of most indirect costs you incur due to your production or resale activities. Www irs gov formspubs To capitalize means to include certain expenses in the basis of property you produce or in your inventory costs rather than deduct them as a current expense. Www irs gov formspubs You recover these costs through deductions for depreciation, amortization, or cost of goods sold when you use, sell, or otherwise dispose of the property. Www irs gov formspubs   Any cost you cannot use to figure your taxable income for any tax year is not subject to the uniform capitalization rules. Www irs gov formspubs Example. Www irs gov formspubs If you incur a business meal expense for which your deduction would be limited to 50% of the cost of the meal, that amount is subject to the uniform capitalization rules. Www irs gov formspubs The nondeductible part of the cost is not subject to the uniform capitalization rules. Www irs gov formspubs More information. Www irs gov formspubs   For more information about these rules, see the regulations under section 263A of the Internal Revenue Code and Publication 538, Accounting Periods and Methods. Www irs gov formspubs Exceptions. Www irs gov formspubs   The following are not subject to the uniform capitalization rules. Www irs gov formspubs Property you produce that you do not use in your trade, business, or activity conducted for profit; Qualified creative expenses you pay or incur as a free-lance (self-employed) writer, photographer, or artist that are otherwise deductible on your tax return; Property you produce under a long-term contract, except for certain home construction contracts; Research and experimental expenses deductible under section 174 of the Internal Revenue Code; and Costs for personal property acquired for resale if your (or your predecessor's) average annual gross receipts for the 3 previous tax years do not exceed $10 million. Www irs gov formspubs For other exceptions to the uniform capitalization rules, see section 1. Www irs gov formspubs 263A-1(b) of the regulations. Www irs gov formspubs   For information on the special rules that apply to costs incurred in the business of farming, see chapter 6 of Publication 225, Farmer's Tax Guide. Www irs gov formspubs Intangible Assets Intangible assets include goodwill, patents, copyrights, trademarks, trade names, and franchises. Www irs gov formspubs The basis of an intangible asset is usually the cost to buy or create it. Www irs gov formspubs If you acquire multiple assets, for example a going business for a lump sum, see Allocating the Basis below to figure the basis of the individual assets. Www irs gov formspubs The basis of certain intangibles can be amortized. Www irs gov formspubs See chapter 8 of Publication 535 for information on the amortization of these costs. Www irs gov formspubs Patents. Www irs gov formspubs   The basis of a patent you get for an invention is the cost of development, such as research and experimental expenditures, drawings, working models, and attorneys' and governmental fees. Www irs gov formspubs If you deduct the research and experimental expenditures as current business expenses, you cannot include them in the basis of the patent. Www irs gov formspubs The value of the inventor's time spent on an invention is not part of the basis. Www irs gov formspubs Copyrights. Www irs gov formspubs   If you are an author, the basis of a copyright will usually be the cost of getting the copyright plus copyright fees, attorneys' fees, clerical assistance, and the cost of plates that remain in your possession. Www irs gov formspubs Do not include the value of your time as the author, or any other person's time you did not pay for. Www irs gov formspubs Franchises, trademarks, and trade names. Www irs gov formspubs   If you buy a franchise, trademark, or trade name, the basis is its cost, unless you can deduct your payments as a business expense. Www irs gov formspubs Allocating the Basis If you buy multiple assets for a lump sum, allocate the amount you pay among the assets you receive. Www irs gov formspubs You must make this allocation to figure your basis for depreciation and gain or loss on a later disposition of any of these assets. Www irs gov formspubs See Trade or Business Acquired below. Www irs gov formspubs Group of Assets Acquired If you buy multiple assets for a lump sum, you and the seller may agree to a specific allocation of the purchase price among the assets in the sales contract. Www irs gov formspubs If this allocation is based on the value of each asset and you and the seller have adverse tax interests, the allocation generally will be accepted. Www irs gov formspubs However, see Trade or Business Acquired, next. Www irs gov formspubs Trade or Business Acquired If you acquire a trade or business, allocate the consideration paid to the various assets acquired. Www irs gov formspubs Generally, reduce the consideration paid by any cash and general deposit accounts (including checking and savings accounts) received. Www irs gov formspubs Allocate the remaining consideration to the other business assets received in proportion to (but not more than) their fair market value in the following order. Www irs gov formspubs Certificates of deposit, U. Www irs gov formspubs S. Www irs gov formspubs Government securities, foreign currency, and actively traded personal property, including stock and securities. Www irs gov formspubs Accounts receivable, other debt instruments, and assets you mark to market at least annually for federal income tax purposes. Www irs gov formspubs Property of a kind that would properly be included in inventory if on hand at the end of the tax year or property held primarily for sale to customers in the ordinary course of business. Www irs gov formspubs All other assets except section 197 intangibles, goodwill, and going concern value. Www irs gov formspubs Section 197 intangibles except goodwill and going concern value. Www irs gov formspubs Goodwill and going concern value (whether or not they qualify as section 197 intangibles). Www irs gov formspubs Agreement. Www irs gov formspubs   The buyer and seller may enter into a written agreement as to the allocation of any consideration or the fair market value (FMV) of any of the assets. Www irs gov formspubs This agreement is binding on both parties unless the IRS determines the amounts are not appropriate. Www irs gov formspubs Reporting requirement. Www irs gov formspubs   Both the buyer and seller involved in the sale of business assets must report to the IRS the allocation of the sales price among section 197 intangibles and the other business assets. Www irs gov formspubs Use Form 8594 to provide this information. Www irs gov formspubs The buyer and seller should each attach Form 8594 to their federal income tax return for the year in which the sale occurred. Www irs gov formspubs More information. Www irs gov formspubs   See Sale of a Business in chapter 2 of Publication 544 for more information. Www irs gov formspubs Land and Buildings If you buy buildings and the land on which they stand for a lump sum, allocate the basis of the property among the land and the buildings so you can figure the depreciation allowable on the buildings. Www irs gov formspubs Figure the basis of each asset by multiplying the lump sum by a fraction. Www irs gov formspubs The numerator is the FMV of that asset and the denominator is the FMV of the whole property at the time of purchase. Www irs gov formspubs If you are not certain of the FMV of the land and buildings, you can allocate the basis based on their assessed values for real estate tax purposes. Www irs gov formspubs Demolition of building. Www irs gov formspubs   Add demolition costs and other losses incurred for the demolition of any building to the basis of the land on which the demolished building was located. Www irs gov formspubs Do not claim the costs as a current deduction. Www irs gov formspubs Modification of building. Www irs gov formspubs   A modification of a building will not be treated as a demolition if the following conditions are satisfied. Www irs gov formspubs 75 percent or more of the existing external walls of the building are retained in place as internal or external walls, and 75 percent or more of the existing internal structural framework of the building is retained in place. Www irs gov formspubs   If the building is a certified historic structure, the modification must also be part of a certified rehabilitation. Www irs gov formspubs   If these conditions are met, add the costs of the modifications to the basis of the building. Www irs gov formspubs Subdivided lots. Www irs gov formspubs   If you buy a tract of land and subdivide it, you must determine the basis of each lot. Www irs gov formspubs This is necessary because you must figure the gain or loss on the sale of each individual lot. Www irs gov formspubs As a result, you do not recover your entire cost in the tract until you have sold all of the lots. Www irs gov formspubs   To determine the basis of an individual lot, multiply the total cost of the tract by a fraction. Www irs gov formspubs The numerator is the FMV of the lot and the denominator is the FMV of the entire tract. Www irs gov formspubs Future improvement costs. Www irs gov formspubs   If you are a developer and sell subdivided lots before the development work is completed, you can (with IRS consent) include in the basis of the properties sold an allocation of the estimated future cost for common improvements. Www irs gov formspubs See Revenue Procedure 92–29 for more information, including an explanation of the procedures for getting consent from the IRS. Www irs gov formspubs Use of erroneous cost basis. Www irs gov formspubs   If you made a mistake in figuring the cost basis of subdivided lots sold in previous years, you cannot correct the mistake for years for which the statute of limitations (generally 3 tax years) has expired. Www irs gov formspubs Figure the basis of any remaining lots by allocating the correct original cost basis of the entire tract among the original lots. Www irs gov formspubs Example. Www irs gov formspubs You bought a tract of land to which you assigned a cost of $15,000. Www irs gov formspubs You subdivided the land into 15 building lots of equal size and equitably divided your basis so that each lot had a basis of $1,000. Www irs gov formspubs You treated the sale of each lot as a separate transaction and figured gain or loss separately on each sale. Www irs gov formspubs Several years later you determine that your original basis in the tract was $22,500 and not $15,000. Www irs gov formspubs You sold eight lots using $8,000 of basis in years for which the statute of limitations has expired. Www irs gov formspubs You now can take $1,500 of basis into account for figuring gain or loss only on the sale of each of the remaining seven lots ($22,500 basis divided among all 15 lots). Www irs gov formspubs You cannot refigure the basis of the eight lots sold in tax years barred by the statute of limitations. Www irs gov formspubs Adjusted Basis Before figuring gain or loss on a sale, exchange, or other disposition of property or figuring allowable depreciation, depletion, or amortization, you must usually make certain adjustments to the basis of the property. Www irs gov formspubs The result of these adjustments to the basis is the adjusted basis. Www irs gov formspubs Increases to Basis Increase the basis of any property by all items properly added to a capital account. Www irs gov formspubs These include the cost of any improvements having a useful life of more than 1 year. Www irs gov formspubs Rehabilitation expenses also increase basis. Www irs gov formspubs However, you must subtract any rehabilitation credit allowed for these expenses before you add them to your basis. Www irs gov formspubs If you have to recapture any of the credit, increase your basis by the recaptured amount. Www irs gov formspubs If you make additions or improvements to business property, keep separate accounts for them. Www irs gov formspubs Also, you must depreciate the basis of each according to the depreciation rules that would apply to the underlying property if you had placed it in service at the same time you placed the addition or improvement in service. Www irs gov formspubs For more information, see Publication 946. Www irs gov formspubs The following items increase the basis of property. Www irs gov formspubs The cost of extending utility service lines to the property; Impact fees; Legal fees, such as the cost of defending and perfecting title; Legal fees for obtaining a decrease in an assessment levied against property to pay for local improvements; Zoning costs; and The capitalized value of a redeemable ground rent. Www irs gov formspubs Assessments for Local Improvements Increase the basis of property by assessments for items such as paving roads and building ditches that increase the value of the property assessed. Www irs gov formspubs Do not deduct them as taxes. Www irs gov formspubs However, you can deduct as taxes charges for maintenance, repairs, or interest charges related to the improvements. Www irs gov formspubs Example. Www irs gov formspubs Your city changes the street in front of your store into an enclosed pedestrian mall and assesses you and other affected landowners for the cost of the conversion. Www irs gov formspubs Add the assessment to your property's basis. Www irs gov formspubs In this example, the assessment is a depreciable asset. Www irs gov formspubs Deducting vs. Www irs gov formspubs Capitalizing Costs Do not add to your basis costs you can deduct as current expenses. Www irs gov formspubs For example, amounts paid for incidental repairs or maintenance that are deductible as business expenses cannot be added to basis. Www irs gov formspubs However, you can choose either to deduct or to capitalize certain other costs. Www irs gov formspubs If you capitalize these costs, include them in your basis. Www irs gov formspubs If you deduct them, do not include them in your basis. Www irs gov formspubs See Uniform Capitalization Rules earlier. Www irs gov formspubs The costs you can choose to deduct or to capitalize include the following. Www irs gov formspubs Carrying charges, such as interest and taxes, that you pay to own property, except carrying charges that must be capitalized under the uniform capitalization rules; Research and experimentation costs; Intangible drilling and development costs for oil, gas, and geothermal wells; Exploration costs for new mineral deposits; Mining development costs for a new mineral deposit; Costs of establishing, maintaining, or increasing the circulation of a newspaper or other periodical; and Costs of removing architectural and transportation barriers to people with disabilities and the elderly. Www irs gov formspubs If you claim the disabled access credit, you must reduce the amount you deduct or capitalize by the amount of the credit. Www irs gov formspubs For more information about deducting or capitalizing costs, see chapter 7 in Publication 535. Www irs gov formspubs Table 1. Www irs gov formspubs Examples of Increases and Decreases to Basis Increases to Basis Decreases to Basis Capital improvements:   Putting an addition on your home   Replacing an entire roof  Paving your driveway  Installing central air conditioning Rewiring your home Exclusion from income of subsidies for energy conservation measures  Casualty or theft loss deductions and insurance reimbursements  Vehicle credits Assessments for local improvements: Water connections Sidewalks Roads Section 179 deduction  Casualty losses: Restoring damaged property Depreciation  Nontaxable corporate distributions Legal fees:  Cost of defending and perfecting a title   Zoning costs   Decreases to Basis The following are some items that reduce the basis of property. Www irs gov formspubs Section 179 deduction; Nontaxable corporate distributions; Deductions previously allowed (or allowable) for amortization, depreciation, and depletion; Exclusion of subsidies for energy conservation measures; Vehicle credits; Residential energy credits; Postponed gain from sale of home; Investment credit (part or all) taken; Casualty and theft losses and insurance reimbursement; Certain canceled debt excluded from income; Rebates from a manufacturer or seller; Easements; Gas-guzzler tax; Adoption tax benefits; and Credit for employer-provided child care. Www irs gov formspubs Some of these items are discussed next. Www irs gov formspubs Casualties and Thefts If you have a casualty or theft loss, decrease the basis in your property by any insurance or other reimbursement and by any deductible loss not covered by insurance. Www irs gov formspubs You must increase your basis in the property by the amount you spend on repairs that substantially prolong the life of the property, increase its value, or adapt it to a different use. Www irs gov formspubs To make this determination, compare the repaired property to the property before the casualty. Www irs gov formspubs For more information on casualty and theft losses, see Publication 547, Casualties, Disasters, and Thefts. Www irs gov formspubs Easements The amount you receive for granting an easement is generally considered to be a sale of an interest in real property. Www irs gov formspubs It reduces the basis of the affected part of the property. Www irs gov formspubs If the amount received is more than the basis of the part of the property affected by the easement, reduce your basis in that part to zero and treat the excess as a recognized gain. Www irs gov formspubs Vehicle Credits Unless you elect not to claim the qualified plug-in electric vehicle credit, the alternative motor vehicle credit, or the qualified plug-in electric drive motor vehicle credit, you may have to reduce the basis of each qualified vehicle by certain amounts reported. Www irs gov formspubs For more information, see Form 8834, Qualified Plug-in Electric and Electric Vehicle Credit; Form 8910, Alternative Motor Vehicle Credit; Form 8936, Qualified Plug-in Electric Drive Motor Vehicle Credit;and the related instructions. Www irs gov formspubs Gas-Guzzler Tax Decrease the basis in your car by the gas-guzzler (fuel economy) tax if you begin using the car within 1 year of the date of its first sale for ultimate use. Www irs gov formspubs This rule also applies to someone who later buys the car and begins using it not more than 1 year after the original sale for ultimate use. Www irs gov formspubs If the car is imported, the one-year period begins on the date of entry or withdrawal of the car from the warehouse if that date is later than the date of the first sale for ultimate use. Www irs gov formspubs Section 179 Deduction If you take the section 179 deduction for all or part of the cost of qualifying business property, decrease the basis of the property by the deduction. Www irs gov formspubs For more information about the section 179 deduction, see Publication 946. Www irs gov formspubs Exclusion of Subsidies for Energy Conservation Measures You can exclude from gross income any subsidy you received from a public utility company for the purchase or installation of any energy conservation measure for a dwelling unit. Www irs gov formspubs Reduce the basis of the property for which you received the subsidy by the excluded amount. Www irs gov formspubs For more information on this subsidy, see Publication 525. Www irs gov formspubs Depreciation Decrease the basis of property by the depreciation you deducted, or could have deducted, on your tax returns under the method of depreciation you chose. Www irs gov formspubs If you took less depreciation than you could have under the method chosen, decrease the basis by the amount you could have taken under that method. Www irs gov formspubs If you did not take a depreciation deduction, reduce the basis by the full amount of the depreciation you could have taken. Www irs gov formspubs Unless a timely election is made not to deduct the special depreciation allowance for property placed in service after September 10, 2001, decrease the property's basis by the special depreciation allowance you deducted or could have deducted. Www irs gov formspubs If you deducted more depreciation than you should have, decrease your basis by the amount equal to the depreciation you should have deducted plus the part of the excess depreciation you deducted that actually reduced your tax liability for the year. Www irs gov formspubs In decreasing your basis for depreciation, take into account the amount deducted on your tax returns as depreciation and any depreciation capitalized under the uniform capitalization rules. Www irs gov formspubs For information on figuring depreciation, see Publication 946. Www irs gov formspubs If you are claiming depreciation on a business vehicle, see Publication 463. Www irs gov formspubs If the car is not used more than 50% for business during the tax year, you may have to recapture excess depreciation. Www irs gov formspubs Include the excess depreciation in your gross income and add it to your basis in the property. Www irs gov formspubs For information on the computation of excess depreciation, see chapter 4 in Publication 463. Www irs gov formspubs Canceled Debt Excluded From Income If a debt you owe is canceled or forgiven, other than as a gift or bequest, you generally must include the canceled amount in your gross income for tax purposes. Www irs gov formspubs A debt includes any indebtedness for which you are liable or which attaches to property you hold. Www irs gov formspubs You can exclude canceled debt from income in the following situations. Www irs gov formspubs Debt canceled in a bankruptcy case or when you are insolvent, Qualified farm debt, and Qualified real property business debt (provided you are not a C corporation). Www irs gov formspubs If you exclude from income canceled debt under situation (1) or (2), you may have to reduce the basis of your depreciable and nondepreciable property. Www irs gov formspubs However, in situation (3), you must reduce the basis of your depreciable property by the excluded amount. Www irs gov formspubs For more information about canceled debt in a bankruptcy case or during insolvency, see Publication 908, Bankruptcy Tax Guide. Www irs gov formspubs For more information about canceled debt that is qualified farm debt, see chapter 3 in Publication 225. Www irs gov formspubs For more information about qualified real property business debt, see chapter 5 in Publication 334, Tax Guide for Small Business. Www irs gov formspubs Postponed Gain From Sale of Home If you postponed gain from the sale of your main home before May 7, 1997, you must reduce the basis of your new home by the postponed gain. Www irs gov formspubs For more information on the rules for the sale of a home, see Publication 523. Www irs gov formspubs Adoption Tax Benefits If you claim an adoption credit for the cost of improvements you added to the basis of your home, decrease the basis of your home by the credit allowed. Www irs gov formspubs This also applies to amounts you received under an employer's adoption assistance program and excluded from income. Www irs gov formspubs For more information Form 8839, Qualified Adoption Expenses. Www irs gov formspubs Employer-Provided Child Care If you are an employer, you can claim the employer-provided child care credit on amounts you paid or incurred to acquire, construct, rehabilitate, or expand property used as part of your qualified child care facility. Www irs gov formspubs You must reduce your basis in that property by the credit claimed. Www irs gov formspubs For more information, see Form 8882, Credit for Employer-Provided Child Care Facilities and Services. Www irs gov formspubs Adjustments to Basis Example In January 2005, you paid $80,000 for real property to be used as a factory. Www irs gov formspubs You also paid commissions of $2,000 and title search and legal fees of $600. Www irs gov formspubs You allocated the total cost of $82,600 between the land and the building—$10,325 for the land and $72,275 for the building. Www irs gov formspubs Immediately you spent $20,000 in remodeling the building before you placed it in service. Www irs gov formspubs You were allowed depreciation of $14,526 for the years 2005 through 2009. Www irs gov formspubs In 2008 you had a $5,000 casualty loss from a that was not covered by insurance on the building. Www irs gov formspubs You claimed a deduction for this loss. Www irs gov formspubs You spent $5,500 to repair the damages and extend the useful life of the building. Www irs gov formspubs The adjusted basis of the building on January 1, 2010, is figured as follows: Original cost of building including fees and commissions $72,275 Adjustments to basis:     Add:         Improvements 20,000   Repair of damages 5,500       $97,775 Subtract:       Depreciation $14,526     Deducted casualty loss 5,000 19,526 Adjusted basis on January 1, 2010 $78,249 The basis of the land, $10,325, remains unchanged. Www irs gov formspubs It is not affected by any of the above adjustments. Www irs gov formspubs Basis Other Than Cost There are many times when you cannot use cost as basis. Www irs gov formspubs In these cases, the fair market value or the adjusted basis of property may be used. Www irs gov formspubs Adjusted basis is discussed earlier. Www irs gov formspubs Fair market value (FMV). Www irs gov formspubs   FMV is the price at which property would change hands between a buyer and a seller, neither having to buy or sell, and both having reasonable knowledge of all necessary facts. Www irs gov formspubs Sales of similar property on or about the same date may be helpful in figuring the property's FMV. Www irs gov formspubs Property Received for Services If you receive property for services, include the property's FMV in income. Www irs gov formspubs The amount you include in income becomes your basis. Www irs gov formspubs If the services were performed for a price agreed on beforehand, it will be accepted as the FMV of the property if there is no evidence to the contrary. Www irs gov formspubs Bargain Purchases A bargain purchase is a purchase of an item for less than its FMV. Www irs gov formspubs If, as compensation for services, you purchase goods or other property at less than FMV, include the difference between the purchase price and the property's FMV in your income. Www irs gov formspubs Your basis in the property is its FMV (your purchase price plus the amount you include in income). Www irs gov formspubs If the difference between your purchase price and the FMV represents a qualified employee discount, do not include the difference in income. Www irs gov formspubs However, your basis in the property is still its FMV. Www irs gov formspubs See Employee Discounts in Publication 15-B. Www irs gov formspubs Restricted Property If you receive property for your services and the property is subject to certain restrictions, your basis in the property is its FMV when it becomes substantially vested unless you make the election discussed later. Www irs gov formspubs Property becomes substantially vested when your rights in the property or the rights of any person to whom you transfer the property are not subject to a substantial risk of forfeiture. Www irs gov formspubs There is substantial risk of forfeiture when the rights to full enjoyment of the property depend on the future performance of substantial services by any person. Www irs gov formspubs When the property becomes substantially vested, include the FMV, less any amount you paid for the property, in income. Www irs gov formspubs Example. Www irs gov formspubs Your employer gives you stock for services performed under the condition that you will have to return the stock unless you complete 5 years of service. Www irs gov formspubs The stock is under a substantial risk of forfeiture and is not substantially vested when you receive it. Www irs gov formspubs You do not report any income until you have completed the 5 years of service that satisfy the condition. Www irs gov formspubs Fair market value. Www irs gov formspubs   Figure the FMV of property you received without considering any restriction except one that by its terms will never end. Www irs gov formspubs Example. Www irs gov formspubs You received stock from your employer for services you performed. Www irs gov formspubs If you want to sell the stock while you are still employed, you must sell the stock to your employer at book value. Www irs gov formspubs At your retirement or death, you or your estate must offer to sell the stock to your employer at its book value. Www irs gov formspubs This is a restriction that by its terms will never end and you must consider it when you figure the FMV. Www irs gov formspubs Election. Www irs gov formspubs   You can choose to include in your gross income the FMV of the property at the time of transfer, less any amount you paid for it. Www irs gov formspubs If you make this choice, the substantially vested rules do not apply. Www irs gov formspubs Your basis is the amount you paid plus the amount you included in income. Www irs gov formspubs   See the discussion of Restricted Property in Publication 525 for more information. Www irs gov formspubs Taxable Exchanges A taxable exchange is one in which the gain is taxable or the loss is deductible. Www irs gov formspubs A taxable gain or deductible loss is also known as a recognized gain or loss. Www irs gov formspubs If you receive property in exchange for other property in a taxable exchange, the basis of property you receive is usually its FMV at the time of the exchange. Www irs gov formspubs A taxable exchange occurs when you receive cash or property not similar or related in use to the property exchanged. Www irs gov formspubs Example. Www irs gov formspubs You trade a tract of farm land with an adjusted basis of $3,000 for a tractor that has an FMV of $6,000. Www irs gov formspubs You must report a taxable gain of $3,000 for the land. Www irs gov formspubs The tractor has a basis of $6,000. Www irs gov formspubs Involuntary Conversions If you receive property as a result of an involuntary conversion, such as a casualty, theft, or condemnation, you can figure the basis of the replacement property you receive using the basis of the converted property. Www irs gov formspubs Similar or related property. Www irs gov formspubs   If you receive replacement property similar or related in service or use to the converted property, the replacement property's basis is the old property's basis on the date of the conversion. Www irs gov formspubs However, make the following adjustments. Www irs gov formspubs Decrease the basis by the following. Www irs gov formspubs Any loss you recognize on the conversion, and Any money you receive that you do not spend on similar property. Www irs gov formspubs Increase the basis by the following. Www irs gov formspubs Any gain you recognize on the conversion, and Any cost of acquiring the replacement property. Www irs gov formspubs Money or property not similar or related. Www irs gov formspubs   If you receive money or property not similar or related in service or use to the converted property, and you buy replacement property similar or related in service or use to the converted property, the basis of the new property is its cost decreased by the gain not recognized on the conversion. Www irs gov formspubs Example. Www irs gov formspubs The state condemned your property. Www irs gov formspubs The property had an adjusted basis of $26,000 and the state paid you $31,000 for it. Www irs gov formspubs You realized a gain of $5,000 ($31,000 − $26,000). Www irs gov formspubs You bought replacement property similar in use to the converted property for $29,000. Www irs gov formspubs You recognize a gain of $2,000 ($31,000 − $29,000), the unspent part of the payment from the state. Www irs gov formspubs Your gain not recognized is $3,000, the difference between the $5,000 realized gain and the $2,000 recognized gain. Www irs gov formspubs The basis of the new property is figured as follows: Cost of replacement property $29,000 Minus: Gain not recognized 3,000 Basis of the replacement property $26,000 Allocating the basis. Www irs gov formspubs   If you buy more than one piece of replacement property, allocate your basis among the properties based on their respective costs. Www irs gov formspubs Example. Www irs gov formspubs The state in the previous example condemned your unimproved real property and the replacement property you bought was improved real property with both land and buildings. Www irs gov formspubs Allocate the replacement property's $26,000 basis between land and buildings based on their respective costs. Www irs gov formspubs More information. Www irs gov formspubs   For more information about condemnations, see Involuntary Conversions in Publication 544. Www irs gov formspubs For more information about casualty and theft losses, see Publication 547. Www irs gov formspubs Nontaxable Exchanges A nontaxable exchange is an exchange in which you are not taxed on any gain and you cannot deduct any loss. Www irs gov formspubs If you receive property in a nontaxable exchange, its basis is usually the same as the basis of the property you transferred. Www irs gov formspubs A nontaxable gain or loss is also known as an unrecognized gain or loss. Www irs gov formspubs Like-Kind Exchanges The exchange of property for the same kind of property is the most common type of nontaxable exchange. Www irs gov formspubs To qualify as a like-kind exchange, you must hold for business or investment purposes both the property you transfer and the property you receive. Www irs gov formspubs There must also be an exchange of like-kind property. Www irs gov formspubs For more information, see Like-Kind Exchanges in Publication 544. Www irs gov formspubs The basis of the property you receive is the same as the basis of the property you gave up. Www irs gov formspubs Example. Www irs gov formspubs You exchange real estate (adjusted basis $50,000, FMV $80,000) held for investment for other real estate (FMV $80,000) held for investment. Www irs gov formspubs Your basis in the new property is the same as the basis of the old ($50,000). Www irs gov formspubs Exchange expenses. Www irs gov formspubs   Exchange expenses are generally the closing costs you pay. Www irs gov formspubs They include such items as brokerage commissions, attorney fees, deed preparation fees, etc. Www irs gov formspubs Add them to the basis of the like-kind property received. Www irs gov formspubs Property plus cash. Www irs gov formspubs   If you trade property in a like-kind exchange and also pay money, the basis of the property received is the basis of the property you gave up increased by the money you paid. Www irs gov formspubs Example. Www irs gov formspubs You trade in a truck (adjusted basis $3,000) for another truck (FMV $7,500) and pay $4,000. Www irs gov formspubs Your basis in the new truck is $7,000 (the $3,000 basis of the old truck plus the $4,000 paid). Www irs gov formspubs Special rules for related persons. Www irs gov formspubs   If a like-kind exchange takes place directly or indirectly between related persons and either party disposes of the property within 2 years after the exchange, the exchange no longer qualifies for like-kind exchange treatment. Www irs gov formspubs Each person must report any gain or loss not recognized on the original exchange. Www irs gov formspubs Each person reports it on the tax return filed for the year in which the later disposition occurs. Www irs gov formspubs If this rule applies, the basis of the property received in the original exchange will be its fair market value. Www irs gov formspubs   These rules generally do not apply to the following kinds of property dispositions. Www irs gov formspubs Dispositions due to the death of either related person, Involuntary conversions, and Dispositions in which neither the original exchange nor the subsequent disposition had as a main purpose the avoidance of federal income tax. Www irs gov formspubs Related persons. Www irs gov formspubs   Generally, related persons are ancestors, lineal descendants, brothers and sisters (whole or half), and a spouse. Www irs gov formspubs   For other related persons (for example, two corporations, an individual and a corporation, a grantor and fiduciary, etc. Www irs gov formspubs ), see Nondeductible Loss in chapter 2 of Publication 544. Www irs gov formspubs Exchange of business property. Www irs gov formspubs   Exchanging the assets of one business for the assets of another business is a multiple property exchange. Www irs gov formspubs For information on figuring basis, see Multiple Property Exchanges in chapter 1 of Publication 544. Www irs gov formspubs Partially Nontaxable Exchange A partially nontaxable exchange is an exchange in which you receive unlike property or money in addition to like property. Www irs gov formspubs The basis of the property you receive is the same as the basis of the property you gave up, with the following adjustments. Www irs gov formspubs Decrease the basis by the following amounts. Www irs gov formspubs Any money you receive, and Any loss you recognize on the exchange. Www irs gov formspubs Increase the basis by the following amounts. Www irs gov formspubs Any additional costs you incur, and Any gain you recognize on the exchange. Www irs gov formspubs If the other party to the exchange assumes your liabilities, treat the debt assumption as money you received in the exchange. Www irs gov formspubs Example. Www irs gov formspubs You traded a truck (adjusted basis $6,000) for a new truck (FMV $5,200) and $1,000 cash. Www irs gov formspubs You realized a gain of $200 ($6,200 − $6,000). Www irs gov formspubs This is the FMV of the truck received plus the cash minus the adjusted basis of the truck you traded ($5,200 + $1,000 – $6,000). Www irs gov formspubs You include all the gain in income (recognized gain) because the gain is less than the cash received. Www irs gov formspubs Your basis in the new truck is: Adjusted basis of old truck $6,000 Minus: Cash received (adjustment 1(a)) 1,000   $5,000 Plus: Gain recognized (adjustment 2(b)) 200 Basis of new truck $5,200 Allocation of basis. Www irs gov formspubs   Allocate the basis first to the unlike property, other than money, up to its FMV on the date of the exchange. Www irs gov formspubs The rest is the basis of the like property. Www irs gov formspubs Example. Www irs gov formspubs You had an adjusted basis of $15,000 in real estate you held for investment. Www irs gov formspubs You exchanged it for other real estate to be held for investment with an FMV of $12,500, a truck with an FMV of $3,000, and $1,000 cash. Www irs gov formspubs The truck is unlike property. Www irs gov formspubs You realized a gain of $1,500 ($16,500 − $15,000). Www irs gov formspubs This is the FMV of the real estate received plus the FMV of the truck received plus the cash minus the adjusted basis of the real estate you traded ($12,500 + $3,000 + $1,000 – $15,000). Www irs gov formspubs You include in income (recognize) all $1,500 of the gain because it is less than the FMV of the unlike property plus the cash received. Www irs gov formspubs Your basis in the properties you received is figured as follows. Www irs gov formspubs Adjusted basis of real estate transferred $15,000 Minus: Cash received (adjustment 1(a)) 1,000   $14,000 Plus: Gain recognized (adjustment 2(b)) 1,500 Total basis of properties received $15,500 Allocate the total basis of $15,500 first to the unlike property — the truck ($3,000). Www irs gov formspubs This is the truck's FMV. Www irs gov formspubs The rest ($12,500) is the basis of the real estate. Www irs gov formspubs Sale and Purchase If you sell property and buy similar property in two mutually dependent transactions, you may have to treat the sale and purchase as a single nontaxable exchange. Www irs gov formspubs Example. Www irs gov formspubs You are a salesperson and you use one of your cars 100% for business. Www irs gov formspubs You have used this car in your sales activities for 2 years and have depreciated it. Www irs gov formspubs Your adjusted basis in the car is $22,600 and its FMV is $23,100. Www irs gov formspubs You are interested in a new car, which sells for $28,000. Www irs gov formspubs If you trade your old car and pay $4,900 for the new one, your basis for depreciation for the new car would be $27,500 ($4,900 plus the $22,600 basis of your old car). Www irs gov formspubs However, you want a higher basis for depreciating the new car, so you agree to pay the dealer $28,000 for the new car if he will pay you $23,100 for your old car. Www irs gov formspubs Because the two transactions are dependent on each other, you are treated as having exchanged your old car for the new one and paid $4,900 ($28,000 − $23,100). Www irs gov formspubs Your basis for depreciating the new car is $27,500, the same as if you traded the old car. Www irs gov formspubs Partial Business Use of Property If you have property used partly for business and partly for personal use, and you exchange it in a nontaxable exchange for property to be used wholly or partly in your business, the basis of the property you receive is figured as if you had exchanged two properties. Www irs gov formspubs The first is an exchange of like-kind property. Www irs gov formspubs The second is personal-use property on which gain is recognized and loss is not recognized. Www irs gov formspubs First, figure your adjusted basis in the property as if you transferred two separate properties. Www irs gov formspubs Figure the adjusted basis of each part of the property by taking into account any adjustments to basis. Www irs gov formspubs Deduct the depreciation you took or could have taken from the adjusted basis of the business part. Www irs gov formspubs Then figure the amount realized for your property and allocate it to the business and nonbusiness parts of the property. Www irs gov formspubs The business part of the property is permitted to be exchanged tax free. Www irs gov formspubs However, you must recognize any gain from the exchange of the nonbusiness part. Www irs gov formspubs You are deemed to have received, in exchange for the nonbusiness part, an amount equal to its FMV on the date of the exchange. Www irs gov formspubs The basis of the property you acquired is the total basis of the property transferred (adjusted to the date of the exchange), increased by any gain recognized on the nonbusiness part. Www irs gov formspubs If the nonbusiness part of the property transferred is your main home, you may qualify to exclude from income all or part of the gain on that part. Www irs gov formspubs For more information, see Publication 523. Www irs gov formspubs Trade of car used partly in business. Www irs gov formspubs   If you trade in a car you used partly in your business for another car you will use in your business, your basis for depreciation of the new car is not the same as your basis for figuring a gain or loss on its sale. Www irs gov formspubs   For information on figuring your basis for depreciation, see Publication 463. Www irs gov formspubs Property Transferred From a Spouse The basis of property transferred to you or transferred in trust for your benefit by your spouse (or former spouse if the transfer is incident to divorce), is the same as your spouse's adjusted basis. Www irs gov formspubs However, adjust your basis for any gain recognized by your spouse or former spouse on property transferred in trust. Www irs gov formspubs This rule applies only to a transfer of property in trust in which the liabilities assumed, plus the liabilities to which the property is subject, are more than the adjusted basis of the property transferred. Www irs gov formspubs If the property transferred to you is a series E, series EE, or series I United States savings bond, the transferor must include in income the interest accrued to the date of transfer. Www irs gov formspubs Your basis in the bond immediately after the transfer is equal to the transferor's basis increased by the interest income includible in the transferor's income. Www irs gov formspubs For more information on these bonds, see Publication 550. Www irs gov formspubs At the time of the transfer, the transferor must give you the records necessary to determine the adjusted basis and holding period of the property as of the date of transfer. Www irs gov formspubs For more information, see Publication 504, Divorced or Separated Individuals. Www irs gov formspubs Property Received as a Gift To figure the basis of property you receive as a gift, you must know its adjusted basis (defined earlier) to the donor just before it was given to you, its FMV at the time it was given to you, and any gift tax paid on it. Www irs gov formspubs FMV Less Than Donor's Adjusted Basis If the FMV of the property at the time of the gift is less than the donor's adjusted basis, your basis depends on whether you have a gain or a loss when you dispose of the property. Www irs gov formspubs Your basis for figuring gain is the same as the donor's adjusted basis plus or minus any required adjustment to basis while you held the property. Www irs gov formspubs Your basis for figuring loss is its FMV when you received the gift plus or minus any required adjustment to basis while you held the property (see Adjusted Basis earlier). Www irs gov formspubs If you use the donor's adjusted basis for figuring a gain and get a loss, and then use the FMV for figuring a loss and have a gain, you have neither gain nor loss on the sale or disposition of the property. Www irs gov formspubs Example. Www irs gov formspubs You received an acre of land as a gift. Www irs gov formspubs At the time of the gift, the land had an FMV of $8,000. Www irs gov formspubs The donor's adjusted basis was $10,000. Www irs gov formspubs After you received the land, no events occurred to increase or decrease your basis. Www irs gov formspubs If you sell the land for $12,000, you will have a $2,000 gain because you must use the donor's adjusted basis ($10,000) at the time of the gift as your basis to figure gain. Www irs gov formspubs If you sell the land for $7,000, you will have a $1,000 loss because you must use the FMV ($8,000) at the time of the gift as your basis to figure a loss. Www irs gov formspubs If the sales price is between $8,000 and $10,000, you have neither gain nor loss. Www irs gov formspubs For instance, if the sales price was $9,000 and you tried to figure a gain using the donor's adjusted basis ($10,000), you would get a $1,000 loss. Www irs gov formspubs If you then tried to figure a loss using the FMV ($8,000), you would get a $1,000 gain. Www irs gov formspubs Business property. Www irs gov formspubs   If you hold the gift as business property, your basis for figuring any depreciation, depletion, or amortization deduction is the same as the donor's adjusted basis plus or minus any required adjustments to basis while you hold the property. Www irs gov formspubs FMV Equal to or More Than Donor's Adjusted Basis If the FMV of the property is equal to or greater than the donor's adjusted basis, your basis is the donor's adjusted basis at the time you received the gift. Www irs gov formspubs Increase your basis by all or part of any gift tax paid, depending on the date of the gift. Www irs gov formspubs Also, for figuring gain or loss from a sale or other disposition of the property, or for figuring depreciation, depletion, or amortization deductions on business property, you must increase or decrease your basis by any required adjustments to basis while you held the property. Www irs gov formspubs See Adjusted Basis earlier. Www irs gov formspubs Gift received before 1977. Www irs gov formspubs   If you received a gift before 1977, increase your basis in the gift (the donor's adjusted basis) by any gift tax paid on it. Www irs gov formspubs However, do not increase your basis above the FMV of the gift at the time it was given to you. Www irs gov formspubs Example 1. Www irs gov formspubs You were given a house in 1976 with an FMV of $21,000. Www irs gov formspubs The donor's adjusted basis was $20,000. Www irs gov formspubs The donor paid a gift tax of $500. Www irs gov formspubs Your basis is $20,500, the donor's adjusted basis plus the gift tax paid. Www irs gov formspubs Example 2. Www irs gov formspubs If, in Example 1, the gift tax paid had been $1,500, your basis would be $21,000. Www irs gov formspubs This is the donor's adjusted basis plus the gift tax paid, limited to the FMV of the house at the time you received the gift. Www irs gov formspubs Gift received after 1976. Www irs gov formspubs   If you received a gift after 1976, increase your basis in the gift (the donor's adjusted basis) by the part of the gift tax paid on it that is due to the net increase in value of the gift. Www irs gov formspubs Figure the increase by multiplying the gift tax paid by a fraction. Www irs gov formspubs The numerator of the fraction is the net increase in value of the gift and the denominator is the amount of the gift. Www irs gov formspubs   The net increase in value of the gift is the FMV of the gift less the donor's adjusted basis. Www irs gov formspubs The amount of the gift is its value for gift tax purposes after reduction by any annual exclusion and marital or charitable deduction that applies to the gift. Www irs gov formspubs For information on the gift tax, see Publication 950, Introduction to Estate and Gift Taxes. Www irs gov formspubs Example. Www irs gov formspubs In 2010, you received a gift of property from your mother that had an FMV of $50,000. Www irs gov formspubs Her adjusted basis was $20,000. Www irs gov formspubs The amount of the gift for gift tax purposes was $37,000 ($50,000 minus the $13,000 annual exclusion). Www irs gov formspubs She paid a gift tax of $9,000. Www irs gov formspubs Your basis, $27,290, is figured as follows: Fair market value $50,000 Minus: Adjusted basis 20,000 Net increase in value $30,000 Gift tax paid $9,000 Multiplied by ($30,000 ÷ $37,000) . Www irs gov formspubs 81 Gift tax due to net increase in value $7,290 Adjusted basis of property to your mother 20,000 Your basis in the property $27,290 Inherited Property Special rules apply to property acquired from a decedent who died in 2010. Www irs gov formspubs See Publication 4895, Tax Treatment of Property Acquired From a Decedent Dying in 2010, for details. Www irs gov formspubs If you inherited property from a decedent who died before 2010, your basis in property you inherit from a decedent is generally one of the following. Www irs gov formspubs The FMV of the property at the date of the individual's death. Www irs gov formspubs The FMV on the alternate valuation date if the personal representative for the estate chooses to use alternate valuation. Www irs gov formspubs For information on the alternate valuation date, see the Instructions for Form 706. Www irs gov formspubs The value under the special-use valuation method for real property used in farming or a closely held business if chosen for estate tax purposes. Www irs gov formspubs This method is discussed later. Www irs gov formspubs The decedent's adjusted basis in land to the extent of the value excluded from the decedent's taxable estate as a qualified conservation easement. Www irs gov formspubs For information on a qualified conservation easement, see the Instructions for Form 706. Www irs gov formspubs If a federal estate tax return does not have to be filed, your basis in the inherited property is its appraised value at the date of death for state inheritance or transmission taxes. Www irs gov formspubs For more information, see the Instructions for Form 706. Www irs gov formspubs Appreciated property. Www irs gov formspubs   The above rule does not apply to appreciated property you receive from a decedent if you or your spouse originally gave the property to the decedent within 1 year before the decedent's death. Www irs gov formspubs Your basis in this property is the same as the decedent's adjusted basis in the property immediately before his or her death, rather than its FMV. Www irs gov formspubs Appreciated property is any property whose FMV on the day it was given to the decedent is more than its adjusted basis. Www irs gov formspubs Community Property In community property states (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin), husband and wife are each usually considered to own half the community property. Www irs gov formspubs When either spouse dies, the total value of the community property, even the part belonging to the surviving spouse, generally becomes the basis of the entire property. Www irs gov formspubs For this rule to apply, at least half the value of the community property interest must be includable in the decedent's gross estate, whether or not the estate must file a return. Www irs gov formspubs For example, you and your spouse owned community property that had a basis of $80,000. Www irs gov formspubs When your spouse died, half the FMV of the community interest was includible in your spouse's estate. Www irs gov formspubs The FMV of the community interest was $100,000. Www irs gov formspubs The basis of your half of the property after the death of your spouse is $50,000 (half of the $100,000 FMV). Www irs gov formspubs The basis of the other half to your spouse's heirs is also $50,000. Www irs gov formspubs For more information on community property, see Publication 555, Community Property. Www irs gov formspubs Property Held by Surviving Tenant The following example explains the rule for the basis of property held by a surviving tenant in joint tenancy or tenancy by the entirety. Www irs gov formspubs Example. Www irs gov formspubs John and Jim owned, as joint tenants with right of survivorship, business property they purchased for $30,000. Www irs gov formspubs John furnished two-thirds of the purchase price and Jim furnished one-third. Www irs gov formspubs Depreciation deductions allowed before John's death were $12,000. Www irs gov formspubs Under local law, each had a half interest in the income from the property. Www irs gov formspubs At the date of John's death, the property had an FMV of $60,000, two-thirds of which is includable in John's estate. Www irs gov formspubs Jim figures his basis in the property at the date of John's death as follows: Interest Jim bought with his own funds—1/3 of $30,000 cost $10,000   Interest Jim received on John's death—2/3 of $60,000 FMV 40,000 $50,000 Minus: ½ of $12,000 depreciation before John's death 6,000 Jim's basis at the date of John's death $44,000 If Jim had not contributed any part of the purchase price, his basis at the date of John's death would be $54,000. Www irs gov formspubs This is figured by subtracting from the $60,000 FMV, the $6,000 depreciation allocated to Jim's half interest before the date of death. Www irs gov formspubs If under local law Jim had no interest in the income from the property and he contributed no part of the purchase price, his basis at John's death would be $60,000, the FMV of the property. Www irs gov formspubs Qualified Joint Interest Include one-half of the value of a qualified joint interest in the decedent's gross estate. Www irs gov formspubs It does not matter how much each spouse contributed to the purchase price. Www irs gov formspubs Also, it does not matter which spouse dies first. Www irs gov formspubs A qualified joint interest is any interest in property held by husband and wife as either of the following. Www irs gov formspubs Tenants by the entirety, or Joint tenants with right of survivorship if husband and wife are the only joint tenants. Www irs gov formspubs Basis. Www irs gov formspubs   As the surviving spouse, your basis in property you owned with your spouse as a qualified joint interest is the cost of your half of the property with certain adjustments. Www irs gov formspubs Decrease the cost by any deductions allowed to you for depreciation and depletion. Www irs gov formspubs Increase the reduced cost by your basis in the half you inherited. Www irs gov formspubs Farm or Closely Held Business Under certain conditions, when a person dies the executor or personal representative of that person's estate can choose to value the qualified real property on other than its FMV. Www irs gov formspubs If so, the executor or personal representative values the qualified real property based on its use as a farm or its use in a closely held business. Www irs gov formspubs If the executor or personal representative chooses this method of valuation for estate tax purposes, that value is the basis of the property for the heirs. Www irs gov formspubs Qualified heirs should be able to get the necessary value from the executor or personal representative of the estate. Www irs gov formspubs Special-use valuation. Www irs gov formspubs   If you are a qualified heir who received special-use valuation property, your basis in the property is the estate's or trust's basis in that property immediately before the distribution. Www irs gov formspubs Increase your basis by any gain recognized by the estate or trust because of post-death appreciation. Www irs gov formspubs Post-death appreciation is the property's FMV on the date of distribution minus the property's FMV either on the date of the individual's death or the alternate valuation date. Www irs gov formspubs Figure all FMVs without regard to the special-use valuation. Www irs gov formspubs   You can elect to increase your basis in special-use valuation property if it becomes subject to the additional estate tax. Www irs gov formspubs This tax is assessed if, within 10 years after the death of the decedent, you transfer the property to a person who is not a member of your family or the property stops being used as a farm or in a closely held business. Www irs gov formspubs   To increase your basis in the property, you must make an irrevocable election and pay interest on the additional estate tax figured from the date 9 months after the decedent's death until the date of the payment of the additional estate tax. Www irs gov formspubs If you meet these requirements, increase your basis in the property to its FMV on the date of the decedent's death or the alternate valuation date. Www irs gov formspubs The increase in your basis is considered to have occurred immediately before the event that results in the additional estate tax. Www irs gov formspubs   You make the election by filing with Form 706-A a statement that does all of the following. Www irs gov formspubs Contains your name, address, and taxpayer identification number and those of the estate; Identifies the election as an election under section 1016(c) of the Internal Revenue Code; Specifies the property for which the election is made; and Provides any additional information required by the Instructions for Form 706-A. Www irs gov formspubs   For more information, see the Instructions for Form 706 and the Instructions for Form 706-A. Www irs gov formspubs Property Changed to Business or Rental Use If you hold property for personal use and then change it to business use or use it to produce rent, you must figure its basis for depreciation. Www irs gov formspubs An example of changing property held for personal use to business use would be renting out your former main home. Www irs gov formspubs Basis for depreciation. Www irs gov formspubs   The basis for depreciation is the lesser of the following amounts. Www irs gov formspubs The FMV of the property on the date of the change, or Your adjusted basis on the date of the change. Www irs gov formspubs Example. Www irs gov formspubs Several years ago you paid $160,000 to have your home built on a lot that cost $25,000. Www irs gov formspubs You paid $20,000 for permanent improvements to the house and claimed a $2,000 casualty loss deduction for damage to the house before changing the property to rental use last year. Www irs gov formspubs Because land is not depreciable, you include only the cost of the house when figuring the basis for depreciation. Www irs gov formspubs Your adjusted basis in the house when you changed its use was $178,000 ($160,000 + $20,000 − $2,000). Www irs gov formspubs On the same date, your property had an FMV of $180,000, of which $15,000 was for the land and $165,000 was for the house. Www irs gov formspubs The basis for figuring depreciation on the house is its FMV on the date of change ($165,000) because it is less than your adjusted basis ($178,000). Www irs gov formspubs Sale of property. Www irs gov formspubs   If you later sell or dispose of property changed to business or rental use, the basis of the property you use will depend on whether you are figuring gain or loss. Www irs gov formspubs Gain. Www irs gov formspubs   The basis for figuring a gain is your adjusted basis when you sell the property. Www irs gov formspubs Example. Www irs gov formspubs Assume the same facts as in the previous example except that you sell the property at a gain after being allowed depreciation deductions of $37,500. Www irs gov formspubs Your adjusted basis for figuring gain is $165,500 ($178,000 + $25,000 (land) − $37,500). Www irs gov formspubs Loss. Www irs gov formspubs   Figure the basis for a loss starting with the smaller of your adjusted basis or the FMV of the property at the time of the change to business or rental use. Www irs gov formspubs Then adjust this amount for the period after the change in the property's use, as discussed earlier under Adjusted Basis, to arrive at a basis for loss. Www irs gov formspubs Example. Www irs gov formspubs Assume the same facts as in the previous example, except that you sell the property at a loss after being allowed depreciation deductions of $37,500. Www irs gov formspubs In this case, you would start with the FMV on the date of the change to rental use ($180,000) because it is less than the adjusted basis of $203,000 ($178,000 + $25,000) on that date. Www irs gov formspubs Reduce that amount ($180,000) by the depreciation deductions to arrive at a basis for loss of $142,500 ($180,000 − $37,500). Www irs gov formspubs How To Get Tax Help You can get help with unresolved tax issues, order free publications and forms, ask tax questions, and get more information from the IRS in several ways. Www irs gov formspubs By selecting the method that is best for you, you will have quick and easy access to tax help. Www irs gov formspubs Contacting your Taxpayer Advocate. Www irs gov formspubs   The Taxpayer Advocate Service (TAS) is an independent organization within the IRS. Www irs gov formspubs We help taxpayers who are experiencing economic harm, such as not being able to provide necessities like housing, transportation, or food; taxpayers who are seeking help in resolving tax problems with the IRS; and those who believe that an IRS system or procedure is not working as it should. Www irs gov formspubs Here are seven things every taxpayer should know about TAS. Www irs gov formspubs TAS is your voice at the IRS. Www irs gov formspubs Our service is free, confidential, and tailored to meet your needs. Www irs gov formspubs You may be eligible for our help if you have tried to resolve your tax problem through normal IRS channels and have gotten nowhere, or you believe an IRS procedure just isn't working as it should. Www irs gov formspubs We help taxpayers whose problems are causing financial difficulty or significant cost, including the cost of professional representation. Www irs gov formspubs This includes businesses as well as individuals. Www irs gov formspubs Our employees know the IRS and how to navigate it. Www irs gov formspubs If you qualify for our help, we'll assign your case to an advocate who will listen to your problem, help you understand what needs to be done to resolve it, and stay with you every step of the way until your problem is resolved. Www irs gov formspubs We have at least one local taxpayer advocate in every state, the District of Columbia, and Puerto Rico. Www irs gov formspubs You can call your local advocate, whose number is in your phone book, in Publication 1546, Taxpayer Advocate Service—Your Voice at the IRS, and on our website at www. Www irs gov formspubs irs. Www irs gov formspubs gov/advocate. Www irs gov formspubs You can also call our toll-free line at 1-877-777-4778 or TTY/TDD 1-800-829-4059. Www irs gov formspubs You can learn about your rights and responsibilities as a taxpayer by visiting our online tax toolkit at www. Www irs gov formspubs taxtoolkit. Www irs gov formspubs irs. Www irs gov formspubs gov. Www irs gov formspubs You can get updates on hot tax topics by visiting our YouTube channel at www. Www irs gov formspubs youtube. Www irs gov formspubs com/tasnta and our Facebook page at www. Www irs gov formspubs facebook. Www irs gov formspubs com/YourVoiceAtIRS, or by following our tweets at www. Www irs gov formspubs twitter. Www irs gov formspubs com/YourVoiceAtIRS. Www irs gov formspubs Low Income Taxpayer Clinics (LITCs). Www irs gov formspubs   The Low Income Taxpayer Clinic program serves individuals who have a problem with the IRS and whose income is below a certain level. Www irs gov formspubs LITCs are independent from the IRS. Www irs gov formspubs Most LITCs can provide representation before the IRS or in court on audits, tax collection disputes, and other issues for free or a small fee. Www irs gov formspubs If an individual's native language is not English, some clinics can provide multilingual information about taxpayer rights and responsibilities. Www irs gov formspubs For more information, see Publication 4134, Low Income Taxpayer Clinic List. Www irs gov formspubs This publication is available at IRS. Www irs gov formspubs gov, by calling 1-800-TAX-FORM (1-800-829-3676), or at your local IRS office. Www irs gov formspubs Free tax services. Www irs gov formspubs   Publication 910, IRS Guide to Free Tax Services, is your guide to IRS services and resources. Www irs gov formspubs Learn about free tax information from the IRS, including publications, services, and education and assistance programs. Www irs gov formspubs The publication also has an index of over 100 TeleTax topics (recorded tax information) you can listen to on the telephone. Www irs gov formspubs The majority of the information and services listed in this publication are available to you free of charge. Www irs gov formspubs If there is a fee associated with a resource or service, it is listed in the publication. Www irs gov formspubs   Accessible versions of IRS published products are available on request in a variety of alternative formats for people with d
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Small Business Health Care Tax Credit for Small Employers

 

 

Small employer? Get the credit you deserve.

     If you are a small employer. . .

              with fewer than 25 full-time equivalent employees,
              pay an average wage of less than $50,000 a year, and
               pay at least half of employee health insurance premiums

 

                               . . .then there is a tax credit that may put money in your pocket.

 

 

What You Need to Know about the Small Business Health Care Tax Credit

How will the credit make a difference for you?                 

For tax years 2010 through 2013, the maximum credit is 35 percent of premiums paid for small business employers and 25 percent of premiums paid for small tax-exempt employers such as charities.

 

For tax years beginning in 2014 or later, there will be changes to the credit:

 

  • The maximum credit will increase to 50 percent of premiums paid for small business employers and 35 percent of premiums paid for small tax-exempt employers. 
  • To be eligible for the credit, a small employer must pay premiums on behalf of employees enrolled in a qualified health plan offered through a Small Business Health Options Program (SHOP) Marketplace.
  • The credit will be available to eligible employers for two consecutive taxable years.

 

Here’s what this means for you. If you pay $50,000 a year toward workers’ health care premiums — and if you qualify for a 15 percent credit, you save... $7,500. If you save $7,500 a year from tax year 2010 through 2013, that’s total savings of $30,000. If, in 2014, you qualify for a slightly larger credit, say 20 percent, your savings go from $7,500 a year to $10,000 a year.

 

Even if you are a small business employer who did not owe tax during the year, you can carry the credit back or forward to other tax years. Also, since the amount of the health insurance premium payments is more than the total credit, eligible small businesses can still claim a business expense deduction for the premiums in excess of the credit. That’s both a credit and a deduction for employee premium payments.

 

There is good news for small tax-exempt employers too. The credit is refundable, so even if you have no taxable income, you may be eligible to receive the credit as a refund so long as it does not exceed your income tax withholding and Medicare tax liability.

 

And finally, if you can benefit from the credit this year but forgot to claim it on your tax return, there’s still time to file an amended return.

 

Click here if you want more examples of how the credit applies in different circumstances.

Can you claim the credit?

Now that you know how the credit can make a difference for your business, let’s determine if you can claim it.

To be eligible, you must cover at least 50 percent of the cost of single (not family) health care coverage for each of your employees. You must also have fewer than 25 full-time equivalent employees (FTEs). Those employees must have average wages of less than $50,000 (as adjusted for inflation beginning in 2014) per year. Remember, you will have to purchase insurance through the SHOP Marketplace to be eligible for the credit for tax years 2014 and beyond.

Let us break it down for you even more.

You are probably wondering: what IS an FTE. Basically, two half-time workers count as one FTE. That means 20 half-time employees are equivalent to 10 FTEs, which makes the number of FTEs 10, not 20.

Now let’s talk about average annual wages. Say you pay total wages of $200,000 and have 10 FTEs. To figure average annual wages you divide $200,000 by 10 — the number of FTEs — and the result is your average annual wage. The average annual wage would be $20,000.

Also, the amount of the credit you receive works on a sliding scale. The smaller the business or charity, the bigger the credit. So if you have more than 10 FTEs or if the average wage is more than $25,000 (as adjusted for inflation beginning in 2014), the amount of the credit you receive will be less.

How do you claim the credit?

You must use Form 8941, Credit for Small Employer Health Insurance Premiums, to calculate the credit. For detailed information on filling out this form, see the Instructions for Form 8941.

 

If you are a small business, include the amount as part of the general business credit on your income tax return.

 

If you are a tax-exempt organization, include the amount on line 44f of the Form 990-T, Exempt Organization Business Income Tax Return. You must file the Form 990-T in order to claim the credit, even if you don't ordinarily do so.
 

Don’t forget... if you are a small business employer, you may be able to carry the credit back or forward. And if you are a tax-exempt employer, you may be eligible for a refundable credit.

 

          

Versión en Español

Información acerca del Crédito Tributario por Cuidados de Salud para Pequeñas Empresas

Questions and Answers

Got questions? We have answers.

Small Business Health Care Tax Credit Estimator

Use the estimator to find out whether you may be eligible and get an estimate of how much you might receive.

Forms and Step-by-Step Instructions

Form 8941, Credit for Small Employer Health Insurance Premiums and Instructions for Form 8941

Additional Guidance

Additional guidance on the credit is available in Notices 2010-44, 2010-82 and Notice 2014-6. Find guidance for the 2014 changes in REG-113792-13

News Releases

Affordable Care Act News Releases, Multimedia and Legal Guidance

Widgets

IRS small business health care tax credit Widgets available on Marketing Express.

Information Flyer

Flyer on the Small Business Health Care Tax Credit for small employers.

 

 

 

 

 

 

 

Page Last Reviewed or Updated: 07-Feb-2014

The Www Irs Gov Formspubs

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