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Irs Form 1040ez 2014

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Irs Form 1040ez 2014

Irs form 1040ez 2014 30. Irs form 1040ez 2014   How To Figure Your Tax Table of Contents Introduction Figuring Your Tax Alternative Minimum Tax (AMT) Tax Figured by IRSFiling the Return Introduction After you have figured your income and deductions as explained in Parts One through Five, your next step is to figure your tax. Irs form 1040ez 2014 This chapter discusses: The general steps you take to figure your tax, An additional tax you may have to pay called the alternative minimum tax (AMT), and The conditions you must meet if you want the IRS to figure your tax. Irs form 1040ez 2014 Figuring Your Tax Your income tax is based on your taxable income. Irs form 1040ez 2014 After you figure your income tax and AMT, if any, subtract your tax credits and add any other taxes you may owe. Irs form 1040ez 2014 The result is your total tax. Irs form 1040ez 2014 Compare your total tax with your total payments to determine whether you are entitled to a refund or if you must make a payment. Irs form 1040ez 2014 This section provides a general outline of how to figure your tax. Irs form 1040ez 2014 You can find step-by-step directions in the Instructions for Forms 1040EZ, 1040A, and 1040. Irs form 1040ez 2014 If you are unsure of which tax form you should file, see Which Form Should I Use? in chapter 1. Irs form 1040ez 2014 Tax. Irs form 1040ez 2014   Most taxpayers use either the Tax Table or the Tax Computation Worksheet to figure their income tax. Irs form 1040ez 2014 However, there are special methods if your income includes any of the following items. Irs form 1040ez 2014 A net capital gain. Irs form 1040ez 2014 (See chapter 16. Irs form 1040ez 2014 ) Qualified dividends taxed at the same rates as a net capital gain. Irs form 1040ez 2014 (See chapters 8 and 16. Irs form 1040ez 2014 ) Lump-sum distributions. Irs form 1040ez 2014 (See chapter 10. Irs form 1040ez 2014 ) Farming or fishing income. Irs form 1040ez 2014 (See Schedule J (Form 1040), Income Averaging for Farmers and Fishermen. Irs form 1040ez 2014 ) Unearned income over $2,000 for certain children. Irs form 1040ez 2014 (See chapter 31. Irs form 1040ez 2014 ) Parents' election to report child's interest and dividends. Irs form 1040ez 2014 (See chapter 31. Irs form 1040ez 2014 ) Foreign earned income exclusion or the housing exclusion. Irs form 1040ez 2014 (See Form 2555, Foreign Earned Income, or Form 2555-EZ, Foreign Earned Income Exclusion, and the Foreign Earned Income Tax Worksheet in the Form 1040 instructions. Irs form 1040ez 2014 ) Credits. Irs form 1040ez 2014   After you figure your income tax and any AMT (discussed later), determine if you are eligible for any tax credits. Irs form 1040ez 2014 Eligibility information for these tax credits is discussed in chapters 32 through 37 and your form instructions. Irs form 1040ez 2014 The following table lists the credits you may be able to subtract from your tax and shows where you can find more information on each credit. Irs form 1040ez 2014 CREDITS For information on: See  chapter: Adoption 37 Alternative motor vehicle 37 Alternative fuel vehicle refueling  property 37 Child and dependent care 32 Child tax 34 Credit to holders of tax credit  bonds 37 Education 35 Elderly or disabled 33 Electric vehicle 37 Foreign tax 37 Mortgage interest 37 Prior year minimum tax 37 Residential energy 37 Retirement savings contributions 37   Some credits (such as the earned income credit) are not listed because they are treated as payments. Irs form 1040ez 2014 See Payments , later. Irs form 1040ez 2014   There are other credits that are not discussed in this publication. Irs form 1040ez 2014 These include the following credits. Irs form 1040ez 2014 General business credit, which is made up of several separate business-related credits. Irs form 1040ez 2014 These generally are reported on Form 3800, General Business Credit, and are discussed in chapter 4 of Publication 334, Tax Guide for Small Business. Irs form 1040ez 2014 Renewable electricity, refined coal, and Indian coal production credit for electricity and refined coal produced at facilities placed in service after October 22, 2004 (after October 2, 2008, for electricity produced from marine and hydrokinetic renewables), and Indian coal produced at facilities placed in service after August 8, 2005. Irs form 1040ez 2014 See Form 8835, Part II. Irs form 1040ez 2014 Work opportunity credit. Irs form 1040ez 2014 See Form 5884. Irs form 1040ez 2014 Credit for employer social security and Medicare taxes paid on certain employee tips. Irs form 1040ez 2014 See Form 8846. Irs form 1040ez 2014 Other taxes. Irs form 1040ez 2014   After you subtract your tax credits, determine whether there are any other taxes you must pay. Irs form 1040ez 2014 This chapter does not explain these other taxes. Irs form 1040ez 2014 You can find that information in other chapters of this publication and your form instructions. Irs form 1040ez 2014 See the following table for other taxes you may need to add to your income tax. Irs form 1040ez 2014 OTHER TAXES For information on: See  chapter: Additional taxes on qualified retirement plans and IRAs 10, 17 Household employment taxes 32 Recapture of an education credit 35 Social security and Medicare tax on wages 5 Social security and Medicare tax on tips 6 Uncollected social security and Medicare tax on tips 6   You also may have to pay AMT (discussed later in this chapter). Irs form 1040ez 2014   There are other taxes that are not discussed in this publication. Irs form 1040ez 2014 These include the following items. Irs form 1040ez 2014 Self-employment tax. Irs form 1040ez 2014 You must figure this tax if either of the following applies to you (or your spouse if you file a joint return). Irs form 1040ez 2014 Your net earnings from self-employment from other than church employee income were $400 or more. Irs form 1040ez 2014 The term “net earnings from self-employment” may include certain nonemployee compensation and other amounts reported to you on Form 1099-MISC, Miscellaneous Income. Irs form 1040ez 2014 If you received a Form 1099-MISC, see the Instructions for Recipient on the back. Irs form 1040ez 2014 Also see the Instructions for Schedule SE (Form 1040), Self-Employment Tax; and Publication 334, Tax Guide for Small Business. Irs form 1040ez 2014 You had church employee income of $108. Irs form 1040ez 2014 28 or more. Irs form 1040ez 2014 Additional Medicare Tax. Irs form 1040ez 2014 Beginning in 2013, you may be subject to a 0. Irs form 1040ez 2014 9% Additional Medicare Tax that applies to Medicare wages, Railroad Retirement Act compensation, and self-employment income over a threshold based on your filing status. Irs form 1040ez 2014 For more information, see the Instructions for Form 1040, line 60 and Form 8959. Irs form 1040ez 2014 Net Investment Income Tax (NIIT). Irs form 1040ez 2014 Beginning in 2013, you may be subject to Net Investment Income Tax (NIIT). Irs form 1040ez 2014 NIIT is a 3. Irs form 1040ez 2014 8% tax on the lesser of net investment income or the excess of your modified adjusted gross income over a threshold amount. Irs form 1040ez 2014 For more information, see the Instructions for Form 1040, line 60 and Form 8960. Irs form 1040ez 2014 Recapture taxes. Irs form 1040ez 2014 You may have to pay these taxes if you previously claimed an investment credit, a low-income housing credit, a new markets credit, a qualified plug-in electric drive motor vehicle credit, an alternative motor vehicle credit, a credit for employer-provided child care facilities, an Indian employment credit, or other credits listed in the instructions for Form 1040, line 60. Irs form 1040ez 2014 For more information, see the instructions for Form 1040, line 60. Irs form 1040ez 2014 Section 72(m)(5) excess benefits tax. Irs form 1040ez 2014 If you are (or were) a 5% owner of a business and you received a distribution that exceeds the benefits provided for you under the qualified pension or annuity plan formula, you may have to pay this additional tax. Irs form 1040ez 2014 See Tax on Excess Benefits in chapter 4 of Publication 560, Retirement Plans for Small Business. Irs form 1040ez 2014 Uncollected social security and Medicare tax on group-term life insurance. Irs form 1040ez 2014 If your former employer provides you with more than $50,000 of group-term life insurance coverage, you must pay the employee part of social security and Medicare taxes on those premiums. Irs form 1040ez 2014 The amount should be shown in box 12 of your Form W-2 with codes M and N. Irs form 1040ez 2014 Tax on golden parachute payments. Irs form 1040ez 2014 This tax applies if you received an “excess parachute payment” (EPP) due to a change in a corporation's ownership or control. Irs form 1040ez 2014 The amount should be shown in box 12 of your Form W-2 with code K. Irs form 1040ez 2014 See the instructions for Form 1040, line 60. Irs form 1040ez 2014 Tax on accumulation distribution of trusts. Irs form 1040ez 2014 This applies if you are the beneficiary of a trust that accumulated its income instead of distributing it currently. Irs form 1040ez 2014 See Form 4970 and its instructions. Irs form 1040ez 2014 Additional tax on HSAs or MSAs. Irs form 1040ez 2014 If amounts contributed to, or distributed from, your health savings account or medical savings account do not meet the rules for these accounts, you may have to pay additional taxes. Irs form 1040ez 2014 See Publication 969, Health Savings Accounts and Other Tax-Favored Health Plans; Form 8853, Archer MSAs and Long-Term Care Insurance Contracts; Form 8889, Health Savings Accounts (HSAs); and Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts. Irs form 1040ez 2014 Additional tax on Coverdell ESAs. Irs form 1040ez 2014 This applies if amounts contributed to, or distributed from, your Coverdell ESA do not meet the rules for these accounts. Irs form 1040ez 2014 See Publication 970, Tax Benefits for Education, and Form 5329. Irs form 1040ez 2014 Additional tax on qualified tuition programs. Irs form 1040ez 2014 This applies to amounts distributed from qualified tuition programs that do not meet the rules for these accounts. Irs form 1040ez 2014 See Publication 970 and Form 5329. Irs form 1040ez 2014 Excise tax on insider stock compensation from an expatriated corporation. Irs form 1040ez 2014 You may owe a 15% excise tax on the value of nonstatutory stock options and certain other stock-based compensation held by you or a member of your family from an expatriated corporation or its expanded affiliated group in which you were an officer, director, or more-than-10% owner. Irs form 1040ez 2014 For more information, see the instructions for Form 1040, line 60. Irs form 1040ez 2014 Additional tax on income you received from a nonqualified deferred compensation plan that fails to meet certain requirements. Irs form 1040ez 2014 This income should be shown in Form W-2, box 12, with code Z, or in Form 1099-MISC, box 15b. Irs form 1040ez 2014 For more information, see the instructions for Form 1040, line 60. Irs form 1040ez 2014 Interest on the tax due on installment income from the sale of certain residential lots and timeshares. Irs form 1040ez 2014 For more information, see the instructions for Form 1040, line 60. Irs form 1040ez 2014 Interest on the deferred tax on gain from certain installment sales with a sales price over $150,000. Irs form 1040ez 2014 For more information, see the instructions for Form 1040, line 60. Irs form 1040ez 2014 Repayment of first-time homebuyer credit. Irs form 1040ez 2014 For more information, see Form 5405, Repayment of the First-Time Homebuyer Credit, and its instructions. Irs form 1040ez 2014 Also see the instructions for Form 1040, line 59b. Irs form 1040ez 2014 Payments. Irs form 1040ez 2014   After you determine your total tax, figure the total payments you have already made for the year. Irs form 1040ez 2014 Include credits that are treated as payments. Irs form 1040ez 2014 This chapter does not explain these payments and credits. Irs form 1040ez 2014 You can find that information in other chapters of this publication and your form instructions. Irs form 1040ez 2014 See the following table for amounts you can include in your total payments. Irs form 1040ez 2014 PAYMENTS For information on: See  chapter: Child tax credit (additional) 34 Earned income credit 36 Estimated tax paid 4 Excess social security   and RRTA tax withheld 37 Federal income tax withheld 4 Health coverage tax credit 37 Credit for tax on   undistributed capital gain 37 Tax paid with extension 1   Another credit that is treated as a payment is the credit for federal excise tax paid on fuels. Irs form 1040ez 2014 This credit is for persons who have a nontaxable use of certain fuels, such as diesel fuel and kerosene. Irs form 1040ez 2014 It is claimed on Form 1040, line 70. Irs form 1040ez 2014 See Form 4136, Credit for Federal Tax Paid on Fuels. Irs form 1040ez 2014 Refund or balance due. Irs form 1040ez 2014   To determine whether you are entitled to a refund or whether you must make a payment, compare your total payments with your total tax. Irs form 1040ez 2014 If you are entitled to a refund, see your form instructions for information on having it directly deposited into one or more of your accounts, or to purchase U. Irs form 1040ez 2014 S. Irs form 1040ez 2014 savings bonds instead of receiving a paper check. Irs form 1040ez 2014 Alternative Minimum Tax (AMT) This section briefly discusses an additional tax you may have to pay. Irs form 1040ez 2014 The tax law gives special treatment to some kinds of income and allows special deductions and credits for some kinds of expenses. Irs form 1040ez 2014 Taxpayers who benefit from this special treatment may have to pay at least a minimum amount of tax through an additional tax called AMT. Irs form 1040ez 2014 You may have to pay the AMT if your taxable income for regular tax purposes, combined with certain adjustments and tax preference items, is more than a certain amount. Irs form 1040ez 2014 See Form 6251, Alternative Minimum Tax — Individuals. Irs form 1040ez 2014 Adjustments and tax preference items. Irs form 1040ez 2014   The more common adjustments and tax preference items include: Addition of personal exemptions, Addition of the standard deduction (if claimed), Addition of itemized deductions claimed for state and local taxes, certain interest, most miscellaneous deductions, and part of medical expenses, Subtraction of any refund of state and local taxes included in gross income, Changes to accelerated depreciation of certain property, Difference between gain or loss on the sale of property reported for regular tax purposes and AMT purposes, Addition of certain income from incentive stock options, Change in certain passive activity loss deductions, Addition of certain depletion that is more than the adjusted basis of the property, Addition of part of the deduction for certain intangible drilling costs, and Addition of tax-exempt interest on certain private activity bonds. Irs form 1040ez 2014 More information. Irs form 1040ez 2014   For more information about the AMT, see the instructions for Form 6251. Irs form 1040ez 2014 Tax Figured by IRS If you file by April 15, 2014, you can have the IRS figure your tax for you on Form 1040EZ, Form 1040A, or Form 1040. Irs form 1040ez 2014 If the IRS figures your tax and you paid too much, you will receive a refund. Irs form 1040ez 2014 If you did not pay enough, you will receive a bill for the balance. Irs form 1040ez 2014 To avoid interest or the penalty for late payment, you must pay the bill within 30 days of the date of the bill or by the due date for your return, whichever is later. Irs form 1040ez 2014 The IRS can also figure the credit for the elderly or the disabled and the earned income credit for you. Irs form 1040ez 2014 When the IRS cannot figure your tax. Irs form 1040ez 2014   The IRS cannot figure your tax for you if any of the following apply. Irs form 1040ez 2014 You want your refund directly deposited into your accounts. Irs form 1040ez 2014 You want any part of your refund applied to your 2014 estimated tax. Irs form 1040ez 2014 You had income for the year from sources other than wages, salaries, tips, interest, dividends, taxable social security benefits, unemployment compensation, IRA distributions, pensions, and annuities. Irs form 1040ez 2014 Your taxable income is $100,000 or more. Irs form 1040ez 2014 You itemize deductions. Irs form 1040ez 2014 You file any of the following forms. Irs form 1040ez 2014 Form 2555, Foreign Earned Income. Irs form 1040ez 2014 Form 2555-EZ, Foreign Earned Income Exclusion. Irs form 1040ez 2014 Form 4137, Social Security and Medicare Tax on Unreported Tip Income. Irs form 1040ez 2014 Form 4970, Tax on Accumulation Distribution of Trusts. Irs form 1040ez 2014 Form 4972, Tax on Lump-Sum Distributions. Irs form 1040ez 2014 Form 6198, At-Risk Limitations. Irs form 1040ez 2014 Form 6251, Alternative Minimum Tax—Individuals. Irs form 1040ez 2014 Form 8606, Nondeductible IRAs. Irs form 1040ez 2014 Form 8615, Tax for Certain Children Who Have Unearned Income. Irs form 1040ez 2014 Form 8814, Parents' Election To Report Child's Interest and Dividends. Irs form 1040ez 2014 Form 8839, Qualified Adoption Expenses. Irs form 1040ez 2014 Form 8853, Archer MSAs and Long-Term Care Insurance Contracts. Irs form 1040ez 2014 Form 8889, Health Savings Accounts (HSAs). Irs form 1040ez 2014 Form 8919, Uncollected Social Security and Medicare Tax on Wages. Irs form 1040ez 2014 Filing the Return After you complete the line entries for the tax form you are filing, fill in your name and address. Irs form 1040ez 2014 Enter your social security number in the space provided. Irs form 1040ez 2014 If you are married, enter the social security numbers of you and your spouse even if you file separately. Irs form 1040ez 2014 Sign and date your return and enter your occupation(s). Irs form 1040ez 2014 If you are filing a joint return, both you and your spouse must sign it. Irs form 1040ez 2014 Enter your daytime phone number in the space provided. Irs form 1040ez 2014 This may help speed the processing of your return if we have a question that can be answered over the phone. Irs form 1040ez 2014 If you are filing a joint return, you may enter either your or your spouse's daytime phone number. Irs form 1040ez 2014 If you want to allow a friend, family member, or any other person you choose to discuss your 2013 tax return with the IRS, check the “Yes” box in the “Third party designee” area on your return. Irs form 1040ez 2014 Also enter the designee's name, phone number, and any five digits the designee chooses as his or her personal identification number (PIN). Irs form 1040ez 2014 If you check the “Yes” box, you, and your spouse if filing a joint return, are authorizing the IRS to call the designee to answer any questions that may arise during the processing of your return. Irs form 1040ez 2014 Fill in and attach any schedules and forms asked for on the lines you completed to your paper return. Irs form 1040ez 2014 Attach a copy of each of your Forms W-2 to your paper return. Irs form 1040ez 2014 Also attach to your paper return any Form 1099-R you received that has withholding tax in box 4. Irs form 1040ez 2014 Mail your return to the Internal Revenue Service Center for the area where you live. Irs form 1040ez 2014 A list of Service Center addresses is in the instructions for your tax return. Irs form 1040ez 2014 Form 1040EZ Line Entries Read lines 1 through 8b and fill in the lines that apply to you. Irs form 1040ez 2014 Do not complete lines 9 through 12. Irs form 1040ez 2014 If you are filing a joint return, use the space to the left of line 6 to separately show your taxable income and your spouse's taxable income. Irs form 1040ez 2014 Payments. Irs form 1040ez 2014   Enter any federal income tax withheld on line 7. Irs form 1040ez 2014 Federal income tax withheld is shown on Form W-2, box 2, or Form 1099, box 4. Irs form 1040ez 2014 Earned income credit. Irs form 1040ez 2014   If you can take this credit, as discussed in chapter 36, the IRS can figure it for you. Irs form 1040ez 2014 Enter “EIC” in the space to the left of line 8a. Irs form 1040ez 2014 Enter the nontaxable combat pay you elect to include in earned income on line 8b. Irs form 1040ez 2014   If your credit for any year after 1996 was reduced or disallowed by the IRS, you may also have to file Form 8862, Information To Claim Earned Income Credit After Disallowance, with your return. Irs form 1040ez 2014 For details, see the Form 1040EZ Instructions. Irs form 1040ez 2014 Form 1040A Line Entries Read lines 1 through 27 and fill in the lines that apply to you. Irs form 1040ez 2014 If you are filing a joint return, use the space to the left of the entry space for line 27 to separately show your taxable income and your spouse's taxable income. Irs form 1040ez 2014 Do not complete line 28. Irs form 1040ez 2014 Complete lines 29 through 33 and 36 through 40 if they apply to you. Irs form 1040ez 2014 However, do not fill in lines 30 and 38a if you want the IRS to figure the credits shown on those lines. Irs form 1040ez 2014 Also, enter any write-in information that applies to you in the space to the left of line 41. Irs form 1040ez 2014 Do not complete lines 34, 35, and 42 through 46. Irs form 1040ez 2014 Payments. Irs form 1040ez 2014   Enter any federal income tax withheld that is shown on Form W-2, box 2, or Form 1099, box 4, on line 36. Irs form 1040ez 2014 Enter any estimated tax payments you made on line 37. Irs form 1040ez 2014 Credit for child and dependent care expenses. Irs form 1040ez 2014   If you can take this credit, as discussed in chapter 32, complete Form 2441, Child and Dependent Care Expenses, and attach it to your return. Irs form 1040ez 2014 Enter the amount of the credit on line 29. Irs form 1040ez 2014 The IRS will not figure this credit. Irs form 1040ez 2014 Credit for the elderly or the disabled. Irs form 1040ez 2014   If you can take this credit, as discussed in chapter 33, the IRS can figure it for you. Irs form 1040ez 2014 Enter “CFE” in the space to the left of line 30 and attach Schedule R (Form 1040A or 1040), Credit for the Elderly or the Disabled, to your paper return. Irs form 1040ez 2014 On Schedule R (Form 1040A or 1040), check the box in Part I for your filing status and age. Irs form 1040ez 2014 Complete Part II and Part III, lines 11 and 13, if they apply. Irs form 1040ez 2014 Earned income credit. Irs form 1040ez 2014   If you can take this credit, as discussed in chapter 36, the IRS can figure it for you. Irs form 1040ez 2014 Enter “EIC” to the left of the entry space for line 38a. Irs form 1040ez 2014 Enter the nontaxable combat pay you elect to include in earned income on line 38b. Irs form 1040ez 2014    If you have a qualifying child, you must fill in Schedule EIC (Form 1040A or 1040), Earned Income Credit, and attach it to your paper return. Irs form 1040ez 2014 If you do not provide the child's social security number on Schedule EIC, line 2, the credit will be reduced or disallowed unless the child was born and died in 2013. Irs form 1040ez 2014   If your credit for any year after 1996 was reduced or disallowed by the IRS, you may also have to file Form 8862 with your return. Irs form 1040ez 2014 For details, see the Form 1040A Instructions. Irs form 1040ez 2014 Form 1040 Line Entries Read lines 1 through 43 and fill in the lines that apply to you. Irs form 1040ez 2014 Do not complete line 44. Irs form 1040ez 2014 If you are filing a joint return, use the space under the words “Adjusted Gross Income” on the front of your return to separately show your taxable income and your spouse's taxable income. Irs form 1040ez 2014 Read lines 45 through 71. Irs form 1040ez 2014 Fill in the lines that apply to you, but do not fill in lines 54, 61, and 72. Irs form 1040ez 2014 Also, do not complete line 55 and lines 73 through 77. Irs form 1040ez 2014 Do not fill in line 53, box “c,” if you are completing Schedule R (Form 1040A or 1040), or line 64a if you want the IRS to figure the credits shown on those lines. Irs form 1040ez 2014 Payments. Irs form 1040ez 2014   Enter any federal income tax withheld that is shown on Form W-2, box 2, or Form 1099, box 4, on line 62. Irs form 1040ez 2014 Enter any estimated tax payments you made on line 63. Irs form 1040ez 2014 Credit for child and dependent care expenses. Irs form 1040ez 2014   If you can take this credit, as discussed in chapter 32, complete Form 2441 and attach it to your paper return. Irs form 1040ez 2014 Enter the amount of the credit on line 48. Irs form 1040ez 2014 The IRS will not figure this credit. Irs form 1040ez 2014 Credit for the elderly or the disabled. Irs form 1040ez 2014   If you can take this credit, as discussed in chapter 33, the IRS can figure it for you. Irs form 1040ez 2014 Enter “CFE” on the line next to line 53, check box “c,” and attach Schedule R (Form 1040A or 1040) to your paper return. Irs form 1040ez 2014 On Schedule R (Form 1040A or 1040), check the box in Part I for your filing status and age. Irs form 1040ez 2014 Complete Part II and Part III, lines 11 and 13, if they apply. Irs form 1040ez 2014 Earned income credit. Irs form 1040ez 2014   If you can take this credit, as discussed in chapter 36, the IRS can figure it for you. Irs form 1040ez 2014 Enter “EIC” on the dotted line next to Form 1040, line 64a. Irs form 1040ez 2014 Enter the nontaxable combat pay you elect to include in earned income on line 64b. Irs form 1040ez 2014   If you have a qualifying child, you must fill in Schedule EIC (Form 1040A or 1040), Earned Income Credit, and attach it to your paper return. Irs form 1040ez 2014 If you do not provide the child's social security number on Schedule EIC, line 2, the credit will be reduced or disallowed unless the child was born and died in 2013. Irs form 1040ez 2014   If your credit for any year after 1996 was reduced or disallowed by the IRS, you may also have to file Form 8862 with your return. Irs form 1040ez 2014 For details, see the Form 1040 Instructions. Irs form 1040ez 2014 Prev  Up  Next   Home   More Online Publications
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Answers to Frequently Asked Questions for Individuals of the Same Sex Who Are Married Under State Law

The following questions and answers provide information to individuals of the same sex who are lawfully married (same-sex spouses). These questions and answers reflect the holdings in Revenue Ruling 2013-17 in 2013-38 IRB 201.

Q1. When are individuals of the same sex lawfully married for federal tax purposes?

A1. For federal tax purposes, the IRS looks to state or foreign law to determine whether individuals are married. The IRS has a general rule recognizing a marriage of same-sex spouses that was validly entered into in a domestic or foreign jurisdiction whose laws authorize the marriage of two individuals of the same sex even if the married couple resides in a domestic or foreign jurisdiction that does not recognize the validity of same-sex marriages.

Q2. Can same-sex spouses file federal tax returns using a married filing jointly or married filing separately status?

A2. Yes. For tax year 2013 and going forward, same-sex spouses generally must file using a married filing separately or jointly filing status. For tax year 2012 and all prior years, same-sex spouses who file an original tax return on or after Sept. 16, 2013 (the effective date of Rev. Rul. 2013-17), generally must file using a married filing separately or jointly filing status. For tax year 2012, same-sex spouses who filed their tax return before Sept. 16, 2013, may choose (but are not required) to amend their federal tax returns to file using married filing separately or jointly filing status. For tax years 2011 and earlier, same-sex spouses who filed their tax returns timely may choose (but are not required) to amend their federal tax returns to file using married filing separately or jointly filing status provided the period of limitations for amending the return has not expired. A taxpayer generally may file a claim for refund for three years from the date the return was filed or two years from the date the tax was paid, whichever is later. For information on filing an amended return, go to Tax Topic 308, Amended Returns, at http://www.irs.gov/taxtopics/tc308.html

Q3. Can a taxpayer and his or her same-sex spouse file a joint return if they were married in a state that recognizes same-sex marriages but they live in a state that does not recognize their marriage?

A3. Yes. For federal tax purposes, the IRS has a general rule recognizing a marriage of same-sex individuals that was validly entered into in a domestic or foreign jurisdiction whose laws authorize the marriage of two individuals of the same sex even if the married couple resides in a domestic or foreign jurisdiction that does not recognize the validity of same-sex marriages. The rules for using a married filing jointly or married filing separately status described in Q&A #2 apply to these married individuals. 

Q4. Can a taxpayer’s same-sex spouse be a dependent of the taxpayer?

A4. No. A taxpayer’s spouse cannot be a dependent of the taxpayer.

Q5. Can a same-sex spouse file using head of household filing status?

A5. A taxpayer who is married cannot file using head of household filing status. However, a married taxpayer may be considered unmarried and may use the head-of-household filing status if the taxpayer lives apart from his or her spouse for the last 6 months of the taxable year and provides more than half the cost of maintaining a household that is the principal place of abode of the taxpayer’s dependent child for more than half of the year. See Publication 501 for more details.

Q6. If same-sex spouses (who file using the married filing separately status) have a child, which parent may claim the child as a dependent?

A6. If a child is a qualifying child under section 152(c) of both parents who are spouses (who file using the married filing separate status), either parent, but not both, may claim a dependency deduction for the qualifying child. If both parents claim a dependency deduction for the child on their income tax returns, the IRS will treat the child as the qualifying child of the parent with whom the child resides for the longer period of time during the taxable year. If the child resides with each parent for the same amount of time during the taxable year, the IRS will treat the child as the qualifying child of the parent with the higher adjusted gross income.   

Q7. Can a taxpayer who is married to a person of the same sex claim the standard deduction if the taxpayer’s spouse itemized deductions?

A7. No. If a taxpayer’s spouse itemized his or her deductions, the taxpayer cannot claim the standard deduction (section 63(c)(6)(A)).

Q8. If a taxpayer adopts the child of his or her same-sex spouse as a second parent or co-parent, may the taxpayer (“adopting parent”) claim the adoption credit for the qualifying adoption expenses he or she pays or incurs to adopt the child?

A8. No. The adopting parent may not claim an adoption credit. A taxpayer may not claim an adoption credit for expenses incurred in adopting the child of the taxpayer’s spouse (section 23). 

Q9. Do provisions of the federal tax law such as section 66 (treatment of community income) and section 469(i)(5) ($25,000 offset for passive activity losses for rental real estate activities) apply to same-sex spouses?

A9. Yes. Like other provisions of the federal tax law that apply to married taxpayers, section 66 and section 469(i)(5) apply to same-sex spouses because same-sex spouses are married for all federal tax purposes.

Q10. If an employer provided health coverage for an employee’s same-sex spouse and included the value of that coverage in the employee’s gross income, can the employee file an amended Form 1040 reflecting the employee’s status as a married individual to recover federal income tax paid on the value of the health coverage of the employee’s spouse?

A10. Yes, for all years for which the period of limitations for filing a claim for refund is open. Generally, a taxpayer may file a claim for refund for three years from the date the return was filed or two years from the date the tax was paid, whichever is later. If an employer provided health coverage for an employee’s same-sex spouse, the employee may claim a refund of income taxes paid on the value of coverage that would have been excluded from income had the employee’s spouse been recognized as the employee’s legal spouse for tax purposes. This claim for a refund generally would be made through the filing of an amended Form 1040. For information on filing an amended return, go to Tax Topic 308, Amended Returns, at http://www.irs.gov/taxtopics/tc308.html. For a discussion regarding refunds of Social Security and Medicare taxes, see Q&A #12 and Q&A #13.

Example. Employer sponsors a group health plan covering eligible employees and their dependents and spouses (including same-sex spouses). Fifty percent of the cost of health coverage elected by employees is paid by Employer. Employee A was married to same-sex Spouse B at all times during 2012. Employee A elected coverage for Spouse B through Employer’s group health plan beginning Jan. 1, 2012. The value of the employer-funded portion of Spouse B’s health coverage was $250 per month.

The amount in Box 1, “Wages, tips, other compensation,” of the 2012 Form W-2 provided by Employer to Employee A included $3,000 ($250 per month x 12 months) of income reflecting the value of employer-funded health coverage provided to Spouse B.  Employee A filed Form 1040 for the 2012 taxable year reflecting the Box 1 amount reported on Form W-2.

Employee A may file an amended Form 1040 for the 2012 taxable year excluding the value of Spouse B’s employer-funded health coverage ($3,000) from gross income.

Q11. If an employer sponsored a cafeteria plan that allowed employees to pay premiums for health coverage on a pre-tax basis, can a participating employee file an amended return to recover income taxes paid on premiums that the employee paid on an after-tax basis for the health coverage of the employee’s same-sex spouse?

A11. Yes, for all years for which the period of limitations for filing a claim for refund is open. Generally, a taxpayer may file a claim for refund for three years from the date the return was filed or two years from the date the tax was paid, whichever is later. If an employer sponsored a cafeteria plan under which an employee elected to pay for health coverage for the employee on a pre-tax basis, and if the employee purchased coverage on an after-tax basis for the employee’s same-sex spouse under the employer’s health plan, the employee may claim a refund of income taxes paid on the premiums for the coverage of the employee’s spouse. This claim for a refund generally would be made through the filing of an amended Form 1040. For information on filing an amended return, go to Tax Topic 308, Amended Returns, at http://www.irs.gov/taxtopics/tc308.html. For a discussion regarding refunds of Social Security and Medicare taxes, see Q&A #12 and Q&A #13.

Example. Employer sponsors a group health plan as part of a cafeteria plan with a calendar year plan year. The full cost of spousal and dependent coverage is paid by the employees. In the open enrollment period for the 2012 plan year, Employee C elected to purchase self-only health coverage through salary reduction under Employer’s cafeteria plan. On March 1, 2012, Employee C was married to same-sex spouse D. Employee C purchased health coverage for Spouse D through Employer’s group health plan beginning March 1, 2012. The premium paid by Employee C for Spouse D’s health coverage was $500 per month.

The amount in Box 1, “Wages, tips, other compensation,” of the 2012 Form W-2 provided by Employer to Employee C included the $5,000 ($500 per month x 10 months) of premiums paid by Employee C for Spouse D’s health coverage. Employee C filed Form 1040 for the 2012 taxable year reflecting the Box 1 amount reported on Form W-2.

Employee C’s salary reduction election is treated as including the value of the same-sex spousal coverage purchased for Spouse D. Employee C may file an amended Form 1040 for the 2012 taxable year excluding the premiums paid for Spouse D’s health coverage ($5,000) from gross income.

Q12. In the situations described in Q&A #10 and Q&A #11, may the employer claim a refund for the Social Security taxes and Medicare taxes paid on the benefits? 

A12. Yes. If the period of limitations for filing a claim for refund is open, the employer may claim a refund of, or make an adjustment for, any overpayment of Social Security taxes and Medicare taxes. The requirements for filing a claim for refund or for making an adjustment for an overpayment of the employer and employee portions of Social Security and Medicare taxes can be found in the Instructions for Form 941-X, Adjusted Employer’s QUARTERLY Federal Tax Return or Claim for Refund. Notice 2013-61 provides special administrative procedures for employers to file claims for refunds or make adjustments for overpayments of Social Security taxes and Medicare taxes paid on same-sex spouse benefits. 

Q13. In the situations described in Q&A #10 and Q&A #11, may the employer claim a refund or make an adjustment of income tax withholding that was withheld from the employee with respect to the benefits in prior years? 

A13. No. Claims for refund of overwithheld income tax for prior years cannot be made by employers. The employee may file for any refund of income tax due for prior years on Form 1040X, provided the period of limitations for claiming a refund has not expired. See Q&A #10 and Q&A #11.

Employers may make adjustments for income tax withholding that was overwithheld from an employee in the current year provided the employer has repaid or reimbursed the employee for the overwithheld income tax before the end of the calendar year.

Q14. If an employer cannot locate a former employee with a same-sex spouse who received the benefits described in Q&A #10 and Q&A #11, may the employer still claim a refund of the employer portion of the Social Security and Medicare taxes on the benefits?

A14. Yes, if the employer makes reasonable attempts to locate an employee who received the benefits described in Q&A #10 and Q&A #11 that were treated as wages but the employer is unable to locate the employee, the employer can claim a refund of the employer portion of Social Security and Medicare taxes, but not the employee portion. Also, if an employee is notified and given the opportunity to participate in the claim for refund of Social Security and Medicare taxes but declines in writing, the employer can claim a refund of the employer portion of the taxes, but not the employee portion. Employers can use the special administrative procedure set forth in Notice 2013-61 to file these claims.

Q15. If a sole proprietor employs his or her same-sex spouse in his or her business, can the sole proprietor get a refund of Social Security, Medicare and FUTA taxes on the wages that the sole proprietor paid to the same-sex spouse as an employee in the business?

A15. Services performed by an employee in the employ of his or her spouse are excluded from the definition of employment for purposes of the Federal Unemployment Tax Act (FUTA). Therefore, for all years for which the period of limitations is open, the sole proprietor can claim a refund of the FUTA tax paid on the compensation that the sole proprietor paid his or her same-sex spouse as an employee in the business. Services of a spouse are excluded from Social Security and Medicare taxes only if the services are not in the course of the employer's trade or business, or if it is domestic service in a private home of the employer.

Q16. What rules apply to qualified retirement plans pursuant to Rev. Rul. 2013-17?

A16. Qualified retirement plans are required to comply with the following rules pursuant to Rev. Rul. 2013-17:

  1. A qualified retirement plan must treat a same-sex spouse as a spouse for purposes of satisfying the federal tax laws relating to qualified retirement plans.
  2. For purposes of satisfying the federal tax laws relating to qualified retirement plans, a qualified retirement plan must recognize a same-sex marriage that was validly entered into in a jurisdiction whose laws authorize the marriage, even if the married couple lives in a domestic or foreign jurisdiction that does not recognize the validity of same-sex marriages.
  3. A person who is in a registered domestic partnership or civil union is not  considered to be a spouse for purposes of applying the federal tax law requirements relating to qualified retirement plans, regardless of whether that person’s partner is of the opposite or same sex.

Q17. What are some examples of the consequences of these rules for qualified retirement plans?

A17. The following are some examples of the consequences of these rules:

  1. Plan A, a qualified defined benefit plan, is maintained by Employer X, which operates only in a state that does not recognize same-sex marriages. Nonetheless, Plan A must treat a participant who is married to a spouse of the same sex under the laws of a different jurisdiction as married for purposes of applying the qualification requirements that relate to spouses.
  2. Plan B is a qualified defined contribution plan and provides that the participant’s account must be paid to the participant’s spouse upon the participant’s death unless the spouse consents to a different beneficiary. Plan B does not provide for any annuity forms of distribution. Plan B must pay this death benefit to the same-sex surviving spouse of any deceased participant. Plan B is not required to provide this death benefit to a surviving registered domestic partner of a deceased participant. However, Plan B is allowed to make a participant’s registered domestic partner the default beneficiary who will receive the death benefit unless the participant chooses a different beneficiary.

Q18. As of when do the rules of Rev. Rul. 2013-17 apply to qualified retirement plans?

A18. Qualified retirement plans must comply with these rules as of Sept. 16, 2013. Although Rev. Rul. 2013-17 allows taxpayers to file amended returns that relate to prior periods in reliance on the rules in Rev. Rul. 2013-17 with respect to many matters, this rule does not extend to matters relating to qualified retirement plans. The IRS has not yet provided guidance regarding the application of Windsor and these rules to qualified retirement plans with respect to periods before Sept. 16, 2013.

Q19. Will the IRS issue further guidance on how qualified retirement plans and other tax-favored retirement arrangements must comply with Windsor and Rev. Rul. 2013-17?

A19. The IRS intends to issue further guidance on how qualified retirement plans and other tax-favored retirement arrangements must comply with Windsor and Rev. Rul. 2013-17.  It is expected that future guidance will address the following, among other issues:

  1. Plan amendment requirements (including the timing of any required amendments).
  2. Any necessary corrections relating to plan operations for periods before future guidance is issued.

Q20. Can a same-sex married couple elect to treat a jointly owned and operated unincorporated business as a Qualified Joint Venture?

A20. Yes. Spouses that wholly own and operate an unincorporated business and that meet certain other requirements may avoid Federal partnership tax treatment by electing to be a Qualified Joint Venture. For more information on Qualified Joint Ventures, see the tax topic “Husband and Wife Business” at http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Husband-and-Wife-Business.

Q21. In the situations described in FAQ #10 and FAQ #11, may the employee claim a refund for the social security and Medicare taxes paid on the benefits if the employer will not?

A21. Yes. If the period of limitations for filing a claim for refund is open and the employee has not been reimbursed by the employer for the Social Security and Medicare taxes and has not authorized the employer to file a claim for refund of those taxes on his or her behalf, the employee may claim a refund. The employee should seek a refund of Social Security and Medicare taxes from his or her employer first. However, if the employer indicates an intention not to file a claim or adjust the overpaid Social Security and Medicare taxes, the employee may claim a refund of any overpayment of employee Social Security and Medicare taxes by filing Form 843, Claim for Refund and Request for Abatement. The requirements for an employee filing a claim for refund of the employee portions of Social Security and Medicare taxes can be found in the Instructions for Form 843. Employees should write “Windsor Claim” in dark, bold letters across the top margin of Form 843.

Q22. Is an employer that repays or reimburses an employee on or before Dec. 31, 2013, for an overpayment of Social Security and Medicare taxes and income tax withholding with respect to same-sex spouse benefits provided in 2013 required to obtain a written statement from the employee confirming the employee did not make a claim for refund of the overcollected taxes (or the claim was rejected) and will not make any future claim for refund or credit of the overcollected taxes?

A22. No. An employer using the first special administrative procedure under Notice 2013-61 (i.e., employer repays or reimburses an employee for 2013 overpayments of taxes on or before Dec. 31, 2013, and corrects the overpayment on the fourth quarter 2013 Form 941) does not need to obtain the written statement from its employee with respect to the 2013 overpayments. However, an employer using the second special administrative procedure under Notice 2013-61 (i.e., employer does not repay or reimburse an employee for an overpayment of taxes on or before Dec. 31, 2013, and corrects the overpayment on a Form 941-X) is required to obtain such written statement from each affected employee.

Q23. If an individual employed his or her same-sex spouse to perform domestic (household) services in the individual’s private home, can the individual get a refund of Social Security, Medicare and FUTA taxes on wages that the individual paid to the spouse for such service? If so, which forms should the individual use to claim refunds?

A23. Yes, if the period of limitations for filing a claim for refund is open, the individual can get a refund of Social Security, Medicare and FUTA taxes paid on remuneration for domestic services in the individual’s private home that were performed by his or her same sex spouse as the individual’s employee. If the taxes for these services were reported on Schedule H (Form 1040), Household Employment Taxes, and taxes were paid in connection with the Form 1040, the individual should file an amended Form 1040 to claim refund of those taxes together with an amended Schedule H. For information on filing an amended return, go to Tax Topic 308, Amended Returns, at http://www.irs.gov/taxtopics/tc308.html. If the Social Security and Medicare taxes for the domestic service were reported on Form 941, Employer’s QUARTERLY Federal Tax Return, the individual employer can use Form 941-X, Adjusted Employer’s QUARTERLY Federal Tax Return or Claim for Refund, to claim a refund of these taxes. The requirements for filing a claim for refund or making an adjustment of the employer and employee portions of Social Security and Medicare taxes can be found in the Instructions for Form 941-X. Notice 2013-61 provides special administrative procedures for employers to file claims for refunds or make adjustments for an overpayment of social security taxes and Medicare taxes on same-sex spouse benefits. If the FUTA taxes for the domestic service were reported on Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return, the individual employer can file an amended Form 940 for the prior year to obtain a refund. The previous year’s Form 940 should be used to claim a refund of FUTA taxes for that prior year. (Forms 940 for prior years may also be found at IRS.gov.)

Related Items:

 

Page Last Reviewed or Updated: 07-Mar-2014

The Irs Form 1040ez 2014

Irs form 1040ez 2014 Car Expenses Table of Contents Introduction Depreciation of CarSpecial Depreciation Allowance Depreciation Limit Amended Return Election Not To Claim Special Allowance If you purchased a car after September 10, 2001, for use in your business (or as an employee) and figure your deductible expenses using the actual car expense method, new law contains provisions that may affect your depreciation deduction for that car. Irs form 1040ez 2014 Publication 463, Travel, Entertainment, Gift, and Car Expenses, contains information on figuring depreciation on your car. Irs form 1040ez 2014 However, Publication 463 does not contain the new provisions because it was printed before the law was enacted. Irs form 1040ez 2014 The new provisions are in the Supplement to Publication 463, which is reprinted below. Irs form 1040ez 2014 Supplement to Publication 463 Travel, Entertainment, Gift, and Car Expenses   Introduction This supplemental publication is for taxpayers who purchased a car for business purposes after September 10, 2001, and figure their deductible expenses, including a deduction for depreciation, using the actual car expense method. Irs form 1040ez 2014 After Publication 463 was printed, the Job Creation and Worker Assistance Act of 2002 was signed into law by the President. Irs form 1040ez 2014 Certain provisions of this new law may reduce your taxes for 2001. Irs form 1040ez 2014 The new law contains the following provisions. Irs form 1040ez 2014 A new depreciation deduction, the special depreciation allowance. Irs form 1040ez 2014 An increase in the limit on depreciation for any car for which you claim the new special depreciation allowance. Irs form 1040ez 2014 If you have already filed your 2001 return, you may wish to file an amended return to claim any of these benefits. Irs form 1040ez 2014 See Amended Return, later. Irs form 1040ez 2014 Depreciation of Car If you used the actual car expense method to figure your deduction for a car you own and use in your business (or as an employee), you generally can claim a depreciation deduction. Irs form 1040ez 2014 However, there is a limit on the depreciation deduction you can take for your car each year. Irs form 1040ez 2014 See Depreciation Limit later. Irs form 1040ez 2014 Special Depreciation Allowance The new law allows you to claim a special depreciation allowance. Irs form 1040ez 2014 This special allowance is a deduction equal to 30% of the depreciable basis of qualified property. Irs form 1040ez 2014 You figure the amount of the special depreciation allowance after any section 179 deduction you choose to claim, but before figuring your regular depreciation deduction under the Modified Accelerated Cost Recovery System (MACRS). Irs form 1040ez 2014 See Depreciation Deduction under Actual Car Expenses in chapter 4 of Publication 463 for information about MACRS. Irs form 1040ez 2014 You can claim the special depreciation allowance only for the year the qualified property is placed in service. Irs form 1040ez 2014 Qualified property. Irs form 1040ez 2014   Qualified property includes a car (any four-wheeled vehicle, including a truck or van not more than 6,000 pounds, that is made primarily for use on public streets, roads, and highways) that meets all of the following requirements. Irs form 1040ez 2014 You bought it new. Irs form 1040ez 2014 You bought it after September 10, 2001. Irs form 1040ez 2014 (But a car is not qualified property if a binding written contract for you to buy the car was in effect before September 11, 2001. Irs form 1040ez 2014 ) You began using it for business after September 10, 2001, and used it more than 50% in a qualified business use. Irs form 1040ez 2014 Example. Irs form 1040ez 2014 Bob bought a new car on October 15, 2001, for $20,000 and placed it in service immediately, using it 75% for business. Irs form 1040ez 2014 Bob's car is qualified property. Irs form 1040ez 2014 Bob chooses not to take a section 179 deduction for the car. Irs form 1040ez 2014 He does claim the new special depreciation allowance. Irs form 1040ez 2014 Bob first must figure the car's depreciable basis, which is $15,000 ($20,000 × . Irs form 1040ez 2014 75). Irs form 1040ez 2014 He then figures the special depreciation allowance of $4,500 ($15,000 × . Irs form 1040ez 2014 30). Irs form 1040ez 2014 The remaining depreciable basis of $10,500 ($15,000 - $4,500) is depreciated using MACRS (200% declining balance method, half-year convention) and results in a deduction of $2,100 ($10,500 × . Irs form 1040ez 2014 20), for a total depreciation deduction for 2001 of $6,600 ($4,500 + $2,100). Irs form 1040ez 2014 However, Bob's depreciation deduction is limited to $5,745 ($7,660 × . Irs form 1040ez 2014 75), as discussed next. Irs form 1040ez 2014 Depreciation Limit The limit on your depreciation deduction for 2001 is increased to $7,660 for a car that is qualified property (defined above) and for which you claim the special depreciation allowance. Irs form 1040ez 2014 The limit is increased to $23,080 if the car is an electric car. Irs form 1040ez 2014 The section 179 deduction is treated as depreciation for purposes of this limit. Irs form 1040ez 2014 If you use a car less than 100% in your business or work, the limit is $7,660 (or $23,080 for an electric car) multiplied by the percentage of business and investment use during the year. Irs form 1040ez 2014 For cars that do not qualify for (or for which you choose not to claim) the special depreciation allowance, the limit remains $3,060 ($9,280 for electric cars). Irs form 1040ez 2014 Amended Return If you filed your 2001 calendar year return before June 1, 2002, and did not claim the new special depreciation allowance for a qualified car, you can claim it by filing an amended return on Form 1040X, Amended U. Irs form 1040ez 2014 S. Irs form 1040ez 2014 Individual Income Tax Return, by April 15, 2003. Irs form 1040ez 2014 At the top of the Form 1040X, print “Filed pursuant to Revenue Procedure 2002–33. Irs form 1040ez 2014 ” If you are an employee, attach Form 2106, Employee Business Expenses (revised March 2002). Irs form 1040ez 2014 If you are self-employed, attach Form 4562, Depreciation and Amortization (revised March 2002). Irs form 1040ez 2014 Or, you can claim the special depreciation allowance by filing Form 3115, Application for Change in Accounting Method, with your 2002 return. Irs form 1040ez 2014 For details, see Revenue Procedure 2002–33. Irs form 1040ez 2014 (But, filing Form 1040X for 2001 enables you to claim the special allowance earlier than attaching Form 3115 to your 2002 return. Irs form 1040ez 2014 ) You cannot claim the special depreciation allowance on an amended return (or by using Form 3115) if you made, or are treated as having made, the election not to claim it described later. Irs form 1040ez 2014 Example. Irs form 1040ez 2014 The facts are the same as in the previous example except that Bob filed his original 2001 income tax return on April 15, 2002, and claimed a $3,000 ($20,000 x . Irs form 1040ez 2014 75 x . Irs form 1040ez 2014 20) depreciation deduction for his new car using MACRS. Irs form 1040ez 2014 Bob now wishes to claim the special depreciation allowance for his new car on an amended 2001 return. Irs form 1040ez 2014 Bob, who is an employee, files Form 1040X, by April 15, 2003, with an updated Form 2106 (revised March 2002) attached, increasing his total depreciation deduction to $5,745, as figured in the earlier example. Irs form 1040ez 2014 Bob's new filled-in Form 2106 is shown later. Irs form 1040ez 2014 Election Not To Claim Special Allowance You can elect not to claim the special depreciation allowance for a car by making a statement attached to, or written on, your return indicating that you are electing not to claim the special depreciation allowance for 5-year property. Irs form 1040ez 2014 As a general rule, you must make this election by the due date (including extensions) of your return. Irs form 1040ez 2014 You can have an automatic extension of 6 months from the due date of your return (excluding extensions) to make the election with an amended return. Irs form 1040ez 2014 To get this extension, you must have filed your original return by the due date (including extensions). Irs form 1040ez 2014 At the top of the statement, print “Filed pursuant to section 301. Irs form 1040ez 2014 9100–2. Irs form 1040ez 2014 ” If you elect not to claim the special depreciation allowance for a car, you cannot claim it for any other 5-year property placed in service during the same year. Irs form 1040ez 2014 Unless you elect (or are treated as electing) not to claim the special depreciation allowance, you must reduce the car's adjusted basis by the amount of the allowance, even if the allowance was not claimed. Irs form 1040ez 2014 Deemed election for return filed before June 1, 2002. Irs form 1040ez 2014   If you did not make the election not to claim the special depreciation allowance in the time and manner described above, you will still be treated as electing not to claim it if all of the following apply. Irs form 1040ez 2014 You filed your 2001 return before June 1, 2002. Irs form 1040ez 2014 You claimed depreciation on your return but did not claim the special depreciation allowance. Irs form 1040ez 2014 You did not file an amended 2001 return by April 15, 2003, or a Form 3115 with your 2002 return, to claim the special depreciation allowance. Irs form 1040ez 2014 Form 2106, Page 1, for Bob Smith Form 2106, Page 2, for Bob Smith Prev  Up  Next   Home   More Online Publications