Instructions for Form 1040
taxmap/instr/i1040gi-009.htm#TXMP1086b7beGenerally, you must report all income except income that is exempt from tax by law. For details, see the following instructions, especially the instructions for lines 7 through 21. Also see Pub.
525.
You must report unearned income, such as interest, dividends, and pensions, from sources outside the United States unless exempt by law or a tax treaty. You must also report earned income, such as wages and tips, from sources outside the United
States.
If you worked abroad, you may be able to exclude part or all of your foreign earned income. For details, see Pub.
54 and Form 2555 or 2555-EZ.
If you were a beneficiary of a foreign retirement plan, you may have to report the undistributed income earned in your plan. However, if you were the beneficiary of a Canadian registered retirement plan, see Form 8891 to find out if you can elect to defer tax on the undistributed
income.
Report distributions from foreign pension plans on lines 16a and
16b.
taxmap/instr/i1040gi-009.htm#TXMP5c91fe00You must complete Part III of Schedule B if you:
- Had a foreign account, or
- Received a distribution from, or were a grantor of, or a transferor to, a foreign
trust.
If you had foreign financial assets in 2011, you may have to file new Form 8938. Check
www.irs.gov/form8938 for details.
If you are a debtor in a chapter 11 bankruptcy case, income taxable to the bankruptcy estate and reported on the estate's income tax return includes:
- Earnings from services you performed after the beginning of the case (both wages and self-employment income),
and
- Income from property described in section 541 of title 11 of the U.S. Code that you either owned when the case began or that you acquired after the case began and before the case was closed, dismissed, or converted to a case under a different
chapter.
Because this income is taxable to the estate, do not include this income on your own individual income tax return. The only exception is for purposes of figuring your self-employment tax. For that purpose, you must take into account all your self-employment income for the year from services performed both before and after the beginning of the case. Also, you (or the trustee, if one is appointed) must allocate between you and the bankruptcy estate the wages, salary, or other compensation and withheld income tax reported to you on Form W-2. A similar allocation is required for income and withheld income tax reported to you on Forms 1099. You must also include a statement that indicates you filed a chapter 11 case and that explains how income and withheld income tax reported to you on Forms W-2 and 1099 are allocated between you and the estate. For more details, including acceptable allocation methods, see Notice 2006-83, 2006-40 I.R.B. 596, available
at
www.irs.gov/irb/2006-40_IRB/ar12.html.
Community property states are Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. If you and your spouse lived in a community property state, you must usually follow state law to determine what is community income and what is separate income. For details, see Pub.
555.
A registered domestic partner in Nevada, Washington, or California (or a person in California who is married to a person of the same sex) generally must report half the combined community income of the individual and his or her domestic partner (or California same-sex spouse). See Pub.
555 and the recent developments at
www.irs.gov/pub555.
You can round off cents to whole dollars on your return and schedules. If you do round to whole dollars, you must round all amounts. To round, drop amounts under 50 cents and increase amounts from 50 to 99 cents to the next dollar. For example, $1.39 becomes $1 and $2.50 becomes
$3.
If you have to add two or more amounts to figure the amount to enter on a line, include cents when adding the amounts and round off only the
total.
taxmap/instr/i1040gi-009.htm#TXMP58986a67taxmap/instr/i1040gi-009.htm#TXMP165ecda9Enter the total of your wages, salaries, tips, etc. If a joint return, also include your spouse's income. For most people, the amount to enter on this line should be shown in box 1 of their Form(s) W-2. But the following types of income must also be included in the total on line 7.
- Wages received as a household employee for which you did not receive a Form W-2 because your employer paid you less than $1,700 in 2011. Also, enter
HSH
and the amount not reported on Form W-2 on the dotted line next to line 7. - Tip income you did not report to your employer. This should include any allocated tips shown in box 8 on your Form(s) W-2 unless you can prove that your unreported tips are less than the amount in box 8. Allocated tips are not included as income in box 1. See Pub.
531
for more details. Also include the value of any noncash tips you received, such
as tickets, passes, or other items of value. Although you do not report these
noncash tips to your employer, you must report them on line 7.
 | You may owe social security and Medicare or railroad retirement (RRTA) tax on unreported tips. See the instructions for line
57. |
-
Dependent care benefits, which should be shown in box 10 of your Form(s) W-2.
But first complete Form 2441 to see if you can exclude part or all of the
benefits.
-
Employer-provided adoption benefits, which should be shown in box 12 of your
Form(s) W-2 with code T. But see the Instructions for Form 8839 to find out if
you can exclude part or all of the benefits. You may also be able to exclude
amounts if you adopted a child with special needs and the adoption became final
in 2011.
-
Scholarship and fellowship grants not reported on Form W-2. Also, enter
SCH
and the amount on the dotted line next to line 7. However, if you were a degree
candidate, include on line 7 only the amounts you used for expenses other than
tuition and course-related expenses. For example, amounts used for room, board,
and travel must be reported on line 7. -
Excess salary deferrals. The amount deferred should be shown in box 12 of your
Form W-2, and the
Retirement plan
box in box 13 should be checked. If the total amount you (or your spouse if
filing jointly) deferred for 2011 under all plans was more than $16,500
(excluding catch-up contributions as explained below), include the excess on
line 7. This limit is (a) $11,500 if you only have SIMPLE plans, or (b) $19,500
for section 403(b) plans if you qualify for the 15-year rule in Pub. 571.
Although designated Roth contributions are subject to this limit, do not include
the excess attributable to such contributions on line 7. They are already
included as income in box 1 of your Form W-2.
A higher limit may apply to participants in section 457(b) deferred compensation plans for the 3 years before retirement age. Contact your plan administrator for more
information.
If you were age 50 or older at the end of 2011, your employer may have allowed an additional deferral (catch-up contributions) of up to $5,500 ($2,500 for section 401(k)(11) and SIMPLE plans). This additional deferral amount is not subject to the overall limit on elective
deferrals.
| You cannot deduct the amount deferred. It is not included as income in box 1 of your Form
W-2. |
- Disability pensions shown on Form 1099-R if you have not reached the minimum retirement age set by your employer. But see
Insurance Premiums for Retired Public Safety Officers
in the instructions for lines 16a and 16b. Disability pensions received after
you reach minimum retirement age and other payments shown on Form 1099-R (other
than payments from an IRA*) are reported on lines 16a and 16b. Payments from an
IRA are reported on lines 15a and 15b.
-
Corrective distributions from a retirement plan shown on Form 1099-R of excess
salary deferrals and excess contributions (plus earnings). But do not include
distributions from an IRA* on line 7. Instead, report distributions from an IRA
on lines 15a and 15b.
- Wages from Form 8919, line 6.
| *This includes a Roth, SEP, or SIMPLE IRA. |
taxmap/instr/i1040gi-009.htm#TXMP65e27da4If you were, the
Statutory employee
box in box 13 of your Form W-2 should be checked. Statutory employees include
full-time life insurance salespeople, certain agent or commission drivers and
traveling salespeople, and certain homeworkers. If you have related business
expenses to deduct, report the amount shown in box 1 of your Form W-2 on
Schedule C or C-EZ along with your expenses.
taxmap/instr/i1040gi-009.htm#TXMP0cdca613Your employer is required to provide or send Form W-2 to you no later than
January 31, 2012. If you do not receive it by early February, use TeleTax topic 154 to find out what to do. Even if you do not get a Form W-2, you must still report your earnings on line 7. If you lose your Form W-2 or it is incorrect, ask your employer for a new
one.
taxmap/instr/i1040gi-009.htm#TXMP548a4947taxmap/instr/i1040gi-009.htm#TXMP2a012ae5Each payer should send you a Form 1099-INT or Form 1099-OID. Enter your total taxable interest income on line 8a. But you must fill in and attach Schedule B if the total is over $1,500 or any of the other conditions listed at the beginning of the Schedule B instructions apply to
you.
Interest credited in 2011 on deposits that you could not withdraw because of the bankruptcy or insolvency of the financial institution may not have to be included in your 2011 income. For details, see
Pub.
550.
 | If you get a 2011 Form 1099-INT for U.S. savings bond interest that includes amounts you reported before 2011, see Pub.
550. |
taxmap/instr/i1040gi-009.htm#TXMP2dbcd4c7taxmap/instr/i1040gi-009.htm#TXMP6b900a0fIf you received any tax-exempt interest, such as from municipal bonds, each payer should send you a Form 1099-INT. Your tax-exempt interest, including any exempt-interest dividends from a mutual fund or other regulated investment company, should be included in box 8 of Form 1099-INT. Enter the total on line 8b. Do not include interest earned on your IRA, health savings account, Archer or Medicare Advantage MSA, or Coverdell education savings
account.
taxmap/instr/i1040gi-009.htm#TXMP6b2210d0taxmap/instr/i1040gi-009.htm#TXMP09300552Each payer should send you a Form 1099-DIV. Enter your total ordinary dividends on line 9a. This amount should be shown in box 1a of Form(s)
1099-DIV.
You must fill in and attach Schedule B if the total is over $1,500 or you received, as a nominee, ordinary dividends that actually belong to someone
else.
taxmap/instr/i1040gi-009.htm#TXMP5f19f655Some distributions are a return of your cost (or other basis). They will not be taxed until you recover your cost (or other basis). You must reduce your cost (or other basis) by these distributions. After you get back all of your cost (or other basis), you must report these distributions as capital gains on Schedule D. For details, see Pub.
550.
| Dividends on insurance policies are a partial return of the premiums you paid. Do not report them as dividends. Include them in income on line 21 only if they exceed the total of all net premiums you paid for the
contract. |
taxmap/instr/i1040gi-009.htm#TXMP03fceef5taxmap/instr/i1040gi-009.htm#TXMP0f2292a7Enter your total qualified dividends on
line 9b. Qualified dividends are also included in the ordinary dividend total required to be shown on line 9a. Qualified dividends are eligible for a lower tax rate than other ordinary income. Generally, these dividends are shown in box 1b of Form(s) 1099-DIV. See Pub.
550
for the definition of qualified dividends if you received dividends not reported
on Form 1099-DIV.
Some dividends may be reported as qualified dividends in box 1b of Form 1099-DIV but are not qualified dividends. These include:
- Dividends you received as a nominee. See the Schedule B instructions.
- Dividends you received on any share of stock that you held for less than 61 days during the 121-day period that began 60 days before the ex-dividend date. The ex-dividend date is the first date following the declaration of a dividend on which the purchaser of a stock is not entitled to receive the next dividend payment. When counting the number of days you held the stock, include the day you disposed of the stock but not the day you acquired it. See the examples that follow. Also, when counting the number of days you held the stock, you cannot count certain days during which your risk of loss was diminished. See Pub.
550 for more details.
- Dividends attributable to periods totaling more than 366 days that you received on any share of preferred stock held for less than 91 days during the 181-day period that began 90 days before the ex-dividend date. When counting the number of days you held the stock, you cannot count certain days during which your risk of loss was diminished. See Pub.
550
for more details. Preferred dividends attributable to periods totaling less than
367 days are subject to the 61-day holding period rule just described.
- Dividends on any share of stock to the extent that you are under an obligation (including a short sale) to make related payments with respect to positions in substantially similar or related
property.
- Payments in lieu of dividends, but only if you know or have reason to know that the payments are not qualified
dividends.
You bought 5,000 shares of XYZ Corp. common stock on July 8, 2011. XYZ Corp. paid a cash dividend of 10 cents per share. The ex-dividend date was July 15, 2011. Your Form 1099-DIV from XYZ Corp. shows $500 in box 1a (ordinary dividends) and in box 1b (qualified dividends). However, you sold the 5,000 shares on August 11, 2011. You held your shares of XYZ Corp. for only 34 days of the 121-day period (from July 9, 2011, through August 11, 2011). The 121-day period began on May 16, 2011 (60 days before the ex-dividend date), and ended on September 13, 2011. You have no qualified dividends from XYZ Corp. because you held the XYZ stock for less than 61 days.
Assume the same facts as in Example 1 except that you bought the stock on July 14, 2011 (the day before the ex-dividend date), and you sold the stock on September 15, 2011. You held the stock for 63 days (from July 15, 2011, through September 15, 2011). The $500 of qualified dividends shown in box 1b of Form 1099-DIV are all qualified dividends because you held the stock for 61 days of the 121-day period (from July 15, 2011, through September 13,
2011).
You bought 10,000 shares of ABC Mutual Fund common stock on July 8, 2011. ABC Mutual Fund paid a cash dividend of 10 cents a share. The ex-dividend date was July 15, 2011. The ABC Mutual Fund advises you that the portion of the dividend eligible to be treated as qualified dividends equals 2 cents per share. Your Form 1099-DIV from ABC Mutual Fund shows total ordinary dividends of $1,000 and qualified dividends of $200. However, you sold the 10,000 shares on August 11, 2011. You have no qualified dividends from ABC Mutual Fund because you held the ABC Mutual Fund stock for less than 61
days.
| Use the Qualified Dividends and Capital Gain Tax Worksheet or the Schedule D Tax Worksheet, whichever applies, to figure your tax. See the instructions for line 44 for
details. |
taxmap/instr/i1040gi-009.htm#TXMP2baa6c70taxmap/instr/i1040gi-009.htm#TXMP72333869 | None of your refund is taxable if, in the year you paid the tax, you either (a) did not itemize deductions, or (b) elected to deduct state and local general sales taxes instead of state and local income
taxes. |
If you received a refund, credit, or offset of state or local income taxes in 2011, you may receive a Form 1099-G. If you chose to apply part or all of the refund to your 2011 estimated state or local income tax, the amount applied is treated as received in 2011. If the refund was for a tax you paid in 2010 and you deducted state and local income taxes on line 5 of your 2010 Schedule A, use the worksheet below to see if any of your refund is
taxable.
taxmap/instr/i1040gi-009.htm#TXMP7fd59f24See
Itemized Deduction Recoveries in Pub.
525 instead of using the worksheet below if any of the following applies.
- You received a refund in 2011 that is for a tax year other than
2010.
- You received a refund other than an income tax refund, such as a general sales tax or real property tax refund, in 2011 of an amount deducted or credit claimed in an earlier
year.
- The amount on your 2010 Form 1040, line 42, was more than the amount on your 2010 Form 1040, line
41.
- You had taxable income on your 2010 Form 1040, line 43, but no tax on your Form 1040, line 44, because of the 0% tax rate on net capital gain and qualified dividends in certain
situations.
- Your 2010 state and local income tax refund is more than your 2010 state and local income tax deduction minus the amount you could have deducted as your 2010 state and local general sales
taxes.
- You made your last payment of 2010 estimated state or local income tax in
2011.
- You owed alternative minimum tax in 2010.
- You could not use the full amount of credits you were entitled to in 2010 because the total credits were more than the amount shown on your 2010 Form 1040, line
46.
- You could be claimed as a dependent by someone else in 2010.
- You received a refund because of a jointly filed state or local income tax return, but you are not filing a joint 2011 Form 1040 with the same
person.
Enter amounts received as alimony or separate maintenance. You must let the person who made the payments know your social security number. If you do not, you may have to pay a penalty. For more details, see Pub.
504.
taxmap/instr/i1040gi-009.htm#w24811v06 | State and Local Income Tax Refund Worksheet—Line
10 - Be sure you have read the
Exception
in the instructions for this line to see if you can use this worksheet instead
of Pub.
525 to figure if any of your refund is taxable.
| 1. | | | Enter the income tax refund from
Form(s) 1099-G (or similar statement). But
do not
enter more than the amount of your state and local income taxes shown on your
2010 Schedule A, line 5
| 1. | | | | 2. | | | Enter your total itemized deductions from your 2010 Schedule A, line
29 | 2. | | | | | | | | | | Note.
If the filing status on your 2010 Form 1040 was married filing separately and
your spouse itemized deductions in 2010, skip lines 3 through 7, enter the
amount from line 2 on line 8, and go to line 9.
| | | | 3. | | | Enter the amount shown below for the filing status claimed on your
2010 Form 1040.
| | | | | |
- Single or married filing separately—$5,700
- Married filing jointly or qualifying widow(er)—$11,400
- Head of household—$8,400
|
 | | 3. | | | | | 4. | | | Did you fill in line 39a on your 2010 Form 1040? | | | | |
No. | Enter -0-. | |
| | 4. | | | | | |
Yes. | Multiply the number in the box on line 39a of your 2010 Form 1040 by $1,100 ($1,400 if your 2010 filing status was single or head of household).
| | | | | 5. | | | Enter any net disaster loss from your 2010 Form 4684, line
17 | 5. | | | | | | | | 6. | | | Enter any new motor vehicle taxes shown on your 2010 Schedule A,
line 7
| 6. | | | | | | | | 7. | | | Add lines 3, 4, 5, and 6 | 7. | | | | | 8. | | | Is the amount on line 7 less than the amount on line
2? | | | | |
No. |
 None of your refund is taxable.
| | | | | | | |
Yes. | Subtract line 7 from line 2 | 8. | | | | 9. | | | Taxable part of your refund. Enter the
smaller of line 1 or line 8 here and on Form 1040, line 10
| 9. | | | | |
|
taxmap/instr/i1040gi-009.htm#TXMP1b3902f7taxmap/instr/i1040gi-009.htm#TXMP0e27accfIf you operated a business or practiced your profession as a sole proprietor, report your income and expenses on Schedule C or
C-EZ.
taxmap/instr/i1040gi-009.htm#TXMP5408f683taxmap/instr/i1040gi-009.htm#TXMP0c2e7ac9If you had a capital gain or loss, you must complete and attach Form 8949 and Schedule
D.
taxmap/instr/i1040gi-009.htm#TXMP242229baYou do not have to file Form 8949 or Schedule D if both of the following apply.
- You have no capital losses, and your only capital gains are capital gain distributions from Form(s) 1099-DIV, box 2a (or substitute
statements).
- None of the Form(s) 1099-DIV (or substitute statements) have an amount in box 2b (unrecaptured section 1250 gain), box 2c (section 1202 gain), or box 2d (collectibles (28%)
gain).
You must file Schedule D, but generally do not have to file Form 8949, if
Exception 1 does not apply and your only capital gains and losses are:
- Capital gain distributions,
- A capital loss carryover from 2010,
- A gain from Form 2439 or 6252 or Part I of Form 4797,
- A gain or loss from Form 4684, 6781, or 8824, or
- A gain or loss from a partnership, S corporation, estate, or
trust.
If
Exception 1
applies, enter your total capital gain distributions (from box 2a of Form(s)
1099-DIV) on line 13 and check the box on that line. If you received capital
gain distributions as a nominee (that is, they were paid to you but actually
belong to someone else), report on line 13 only the amount that belongs to you.
Include a statement showing the full amount you received and the amount you
received as a nominee. See the Schedule B instructions for filing requirements
for Forms 1099-DIV and 1096.
| If you do not have to file Schedule D, use the Qualified Dividends and Capital Gain Tax Worksheet in the line 44 instructions to figure your
tax. |
taxmap/instr/i1040gi-009.htm#TXMP2519b14ataxmap/instr/i1040gi-009.htm#TXMP520bbb84If you sold or exchanged assets used in a trade or business, see the Instructions for Form
4797.
taxmap/instr/i1040gi-009.htm#TXMP49667b32taxmap/instr/i1040gi-009.htm#TXMP44c91819You should receive a Form 1099-R showing the total amount of any distribution from your IRA before income tax or other deductions were withheld. This amount should be shown in box 1 of Form 1099-R. Unless otherwise noted in the line 15a and 15b instructions, an IRA includes a traditional IRA, Roth IRA, simplified employee pension (SEP) IRA, and a savings incentive match plan for employees (SIMPLE) IRA. Except as provided below, leave line 15a blank and enter the total distribution (from Form 1099-R, box 1) on line
15b.
If you converted part or all of an IRA to a Roth IRA in 2010 and did not elect to report the taxable amount on your 2010 return, you generally must report half of it on your 2011 return and the rest on your 2012 return. See
2010 Roth IRA conversions,
later.
taxmap/instr/i1040gi-009.htm#TXMP2591a42aEnter the total distribution on line 15a if you rolled over part or all of the distribution from one:
- IRA to another IRA of the same type (for example, from one traditional IRA to another traditional
IRA),
- SEP or SIMPLE IRA to a traditional IRA, or
- IRA to a qualified plan other than an IRA.
Also, enter
Rollover
next to line 15b. If the total distribution was rolled over in a qualified
rollover, enter -0- on line 15b. If the total distribution was not rolled over
in a qualified rollover, enter the part not rolled over on line 15b unless
Exception 2
applies to the part not rolled over. Generally, a qualified rollover must be
made within 60 days after the day you received the distribution. For more
details on rollovers, see Pub.
590.
If you rolled over the distribution into a qualified plan other than an IRA or you made the rollover in 2012, include a statement explaining what you
did.
taxmap/instr/i1040gi-009.htm#TXMP319455f5If any of the following apply, enter the total distribution on line 15a and see Form 8606 and its instructions to figure the amount to enter on line 15b.
- You received a distribution from an IRA (other than a Roth IRA) and you made nondeductible contributions to any of your traditional or SEP IRAs for 2011 or an earlier year. If you made nondeductible contributions to these IRAs for 2011, also see Pub.
590.
- You received a distribution from a Roth IRA. But if either (a) or (b) below applies, enter -0- on line 15b; you do not have to see Form 8606 or its
instructions.
- Distribution code T is shown in box 7 of Form 1099-R and you made a contribution (including a conversion) to a Roth IRA for 2006 or an earlier
year.
- Distribution code Q is shown in box 7 of Form 1099-R.
- You converted part or all of a traditional, SEP, or SIMPLE IRA to a Roth IRA in
2011.
- You had a 2010 or 2011 IRA contribution returned to you, with the related earnings or less any loss, by the due date (including extensions) of your tax return for that
year.
- You made excess contributions to your IRA for an earlier year and had them returned to you in
2011.
- You recharacterized part or all of a contribution to a Roth IRA as a traditional IRA contribution, or vice
versa.
If the distribution is a qualified charitable distribution (QCD), enter the total distribution on line 15a. If the total amount distributed is a QCD, enter -0- on line 15b. If only part of the distribution is a QCD, enter the part that is not a QCD on line 15b unless
Exception 2 applies to that part. Enter
QCD
next to line 15b.
A QCD is a distribution made directly by the trustee of your IRA (other than an ongoing SEP or SIMPLE IRA) to an organization eligible to receive tax-deductible contributions (with certain exceptions). You must have been at least age
701/2 when the distribution was made.
Generally, your total QCDs for the year cannot be more than $100,000. (On a joint return, your spouse can also have a QCD of up to $100,000.) If you elected to treat a January 2011 QCD as made in 2010, report it on your 2011 return like any other 2011 QCD, as just described. However, if you also made another 2011 QCD and the total was more than $100,000 per spouse, attach a brief explanation. For example:
Line 15b – Spouse One's 2010 QCD $75,000; Spouse One's 2011 QCD
$70,000.
The amount of the QCD is limited to the amount that would otherwise be included in your income. If your IRA includes nondeductible contributions, the distribution is first considered to be paid out of otherwise taxable income.
| You cannot claim a charitable contribution deduction for any QCD not included in your
income. |
taxmap/instr/i1040gi-009.htm#TXMP65e0585aIf the distribution is a health savings account (HSA) funding distribution (HFD), enter the total distribution on line 15a. If the total amount distributed is an HFD and you elect to exclude it from income, enter -0- on line 15b. If only part of the distribution is an HFD and you elect to exclude that part from income, enter the part that is not an HFD on line 15b unless
Exception 2 applies to that part. Enter
HFD
next to line 15b.
An HFD is a distribution made directly by the trustee of your IRA (other than an
ongoing SEP or SIMPLE IRA) to your HSA. If eligible, you generally can elect to
exclude an HFD from your income once in your lifetime. You cannot exclude more
than the limit on HSA contributions or more than the amount that would otherwise
be included in your income. If your IRA includes nondeductible contributions,
the HFD is first considered to be paid out of otherwise taxable income. See Pub.
969 for details.
| The amount of an HFD reduces the amount you can contribute to your HSA for the year. If you fail to maintain eligibility for an HSA for the 12 months following the month of the HFD, you may have to report the HFD as income and pay an additional tax. See Form 8889, Part
III. |
taxmap/instr/i1040gi-009.htm#TXMP2e440f02If more than one exception applies, include a statement showing the amount of each exception, instead of making an entry next to line 15b. For example:
Line 15b – $1,000 Rollover and $500 HFD.
But you do not need to attach a statement if only
Exception 2 and one other exception apply.
taxmap/instr/i1040gi-009.htm#TXMP711b6136If you converted part or all of an IRA to a Roth IRA in 2010 and did not elect to report the taxable amount on your 2010 return, include on line 15b the amount from your 2010 Form 8606, line 20a. However, you may have to include a different amount on line 15b if either of the following applies.
- You received a distribution from a Roth IRA in 2010 or the owner of the Roth IRA died in 2011. See Pub.
590 to figure the amount to include on line 15b.
- You received a distribution from a Roth IRA in 2011. Use Form 8606 to figure the amount to include on line
15b.
If you (or your spouse if filing jointly) received more than one distribution, figure the taxable amount of each distribution and enter the total of the taxable amounts on line 15b. Enter the total amount of those distributions on line
15a.
| You may have to pay an additional tax if (a) you received an early distribution from your IRA and the total was not rolled over, or (b) you were born before July 1, 1940, and received less than the minimum required distribution from your traditional, SEP, and SIMPLE IRAs. See the instructions for line 58 for
details. |
taxmap/instr/i1040gi-009.htm#TXMP4f1df2e0For more information about IRAs, see Pub.
590.
You should receive a Form 1099-R showing the total amount of your pension and annuity payments before income tax or other deductions were withheld. This amount should be shown in box 1 of Form 1099-R. Pension and annuity payments include distributions from 401(k), 403(b), and governmental 457(b) plans. Rollovers and lump-sum distributions are explained later. Do not include the following payments on lines 16a and 16b. Instead, report them on line 7.
- Disability pensions received before you reach the minimum retirement age set by your
employer.
- Corrective distributions (including any earnings) of excess salary deferrals or excess contributions to retirement plans. The plan must advise you of the year(s) the distributions are includible in
income.
| Attach Form(s) 1099-R to
Form 1040 if any federal
income tax was withheld. |
If you rolled over part or all of a qualified retirement plan (other than a designated Roth account) to a Roth IRA in 2010 (or you rolled over part or all of a 401(k) or 403(b) plan to a designated Roth account in 2010) and did not elect to report the taxable amount on your 2010 return, you generally must report half of it on your 2011 return and the rest on your 2012 return. See
2010 Roth IRA rollovers, or
2010 in-plan rollovers, whichever applies, later.
taxmap/instr/i1040gi-009.htm#TXMP2989ff01Your payments are fully taxable if (a) you did not contribute to the cost (see
Cost,
later) of your pension or annuity, or (b) you got your entire cost back tax free
before 2011. But see
Insurance Premiums for Retired Public Safety Officers, later. If your pension or annuity is fully taxable, enter the total pension or annuity payments (from Form(s) 1099-R, box 1) on line 16b; do not make an entry on line
16a.
Fully taxable pensions and annuities also include military retirement pay shown on Form 1099-R. For details on military disability pensions, see Pub.
525. If you received a Form RRB-1099-R, see
Pub.
575 to find out how to report your benefits.
Enter the total pension or annuity payments (from Form 1099-R, box 1) on line 16a. If your Form 1099-R does not show the taxable amount, you must use the General Rule explained in Pub. 939 to figure the taxable part to enter on line 16b. But if your annuity starting date (defined later) was after July 1, 1986, see
Simplified Method, later, to find out if you must use that method to figure the taxable
part.
You can ask the IRS to figure the taxable part for you for a $1,000 fee. For details, see Pub.
939.
If your Form 1099-R shows a taxable amount, you can report that amount on
line 16b. But you may be able to report a lower taxable amount by using the General Rule or the Simplified Method or if the exclusion for retired public safety officers, discussed next,
applies.
taxmap/instr/i1040gi-009.htm#TXMP077ebe17If you are an eligible retired public safety officer (law enforcement officer, firefighter, chaplain, or member of a rescue squad or ambulance crew), you can elect to exclude from income distributions made from your eligible retirement plan that are used to pay the premiums for coverage by an accident or health plan or a long-term care insurance contract. You can do this only if you retired because of disability or because you reached normal retirement age. The premiums can be for coverage for you, your spouse, or dependents. The distribution must be from a plan maintained by the employer from which you retired as a public safety officer. Also, the distribution must be made directly from the plan to the provider of the accident or health plan or long-term care insurance contract. You can exclude from income the smaller of the amount of the premiums or $3,000. You can only make this election for amounts that would otherwise be included in your
income.
An eligible retirement plan is a governmental plan that is:
- A qualified trust,
- A section 403(a) plan,
- A section 403(b) plan, or
- A section 457(b) plan.
If you make this election, reduce the otherwise taxable amount of your pension or annuity by the amount excluded. The amount shown in box 2a of Form 1099-R does not reflect the exclusion. Report your total distributions on line 16a and the taxable amount on line 16b. Enter
PSO
next to line 16b.
If you are retired on disability and reporting your disability pension on line 7, include only the taxable amount on that line and enter
PSO
and the amount excluded on the dotted line next to line 7.
taxmap/instr/i1040gi-009.htm#TXMP213a204cYou must use the Simplified Method if either of the following applies.
- Your annuity starting date was after July 1, 1986, and you used this method last year to figure the taxable
part.
- Your annuity starting date was after November 18, 1996, and both of the following
apply.
- The payments are from a qualified employee plan, a qualified employee annuity, or a tax-sheltered
annuity.
- On your annuity starting date, either you were under age 75 or the number of years of guaranteed payments was fewer than five. See Pub.
575 for the definition of guaranteed payments.
If you must use the Simplified Method, complete the Simplified Method Worksheet in these instructions to figure the taxable part of your pension or annuity. For more details on the Simplified Method, see Pub.
575 or Pub.
721 for U.S. Civil Service retirement benefits.
| If you received U.S. Civil Service retirement benefits and you chose the alternative annuity option, see Pub.
721
to figure the taxable part of your annuity. Do not use the Simplified Method
Worksheet in these instructions. |
taxmap/instr/i1040gi-009.htm#TXMP74702a92Your annuity starting date is the later of the first day of the first period for which you received a payment or the date the plan's obligations became
fixed.
taxmap/instr/i1040gi-009.htm#TXMP7f5e7c6cIf you are the retiree, use your age on the annuity starting date. If you are the survivor of a retiree, use the retiree's age on his or her annuity starting date. But if your annuity starting date was after 1997 and the payments are for your life and that of your beneficiary, use your combined ages on the annuity starting
date.
If you are the beneficiary of an employee who died, see Pub.
575. If there is more than one beneficiary, see Pub.
575 or Pub.
721 to figure each beneficiary's taxable amount.
Your cost is generally your net investment in the plan as of the annuity starting date. It does not include pre-tax contributions. Your net investment should be shown in box 9b of Form 1099-R for the first year you received payments from the
plan.
taxmap/instr/i1040gi-009.htm#TXMP279e9aebGenerally, a qualified rollover is a tax-free distribution of cash or other assets from one retirement plan that is contributed to another plan within 60 days of receiving the distribution. However, a qualified rollover to a Roth IRA or a designated Roth account is generally not a tax-free distribution. Use lines 16a and 16b to report a qualified rollover, including a direct rollover, from one qualified employer's plan to another or to an IRA or
SEP.
Enter on line 16a the distribution from Form 1099-R, box 1. From this amount, subtract any contributions (usually shown in box 5) that were taxable to you when made. From that result, subtract the amount of the qualified rollover. Enter the remaining amount on line 16b. If the remaining amount is zero and you have no other distribution to report on line 16b, enter zero on line 16b. Also, enter "Rollover" next to line
16b.
See Pub.
575
for more details on rollovers, including special rules that apply to rollovers
from designated Roth accounts, partial rollovers of property, and distributions
under qualified domestic relations orders.
If you rolled over part or all of a qualified retirement plan (other than a designated Roth account) to a Roth IRA in 2010 and did not elect to report the taxable amount on your 2010 return, include on line 16b the amount from your 2010 Form 8606, line 25a. However, you may have to include a different amount on line 16b (or include an amount on line 15b instead of line 16b) if either of the following applies.
- You received a distribution from a Roth IRA in 2010 or the owner of the Roth IRA died in 2011. See Pub.
575 to figure the amount to include on line 16b.
- You received a distribution from a Roth IRA in 2011. Use Form 8606 to figure the amount to include on line
15b.
If you rolled over part or all of a qualified retirement plan to a designated Roth account in 2010 and did not elect to report the taxable amount on your 2010 return, include on line 16b the amount from your 2010 Form 8606, line 25a. However, you may have to include a different amount on line 16b if either of the following applies.
- You received a distribution from your designated Roth account in 2010 after September 27, or the owner of the designated Roth account died in 2011. See Pub.
575 to figure the amount to include on line 16b.
- You received a distribution from the designated Roth account in 2011. Use Form 8606 to figure the amount to include on line
16b.
If you received a lump-sum distribution from a profit-sharing or retirement plan, your Form 1099-R should have the "Total distribution" box in box 2b checked. You may owe an additional tax if you received an early distribution from a qualified retirement plan and the total amount was not rolled over in a qualified rollover. For details, see the instructions for line
58.
Enter the total distribution on line 16a and the taxable part on line 16b. For details, see Pub.
575.
| You may be able to pay less tax on the distribution if you were born before January 2, 1936, or you are the beneficiary of a deceased employee who was born before January 2, 1936. For details, see Form
4972. |
taxmap/instr/i1040gi-009.htm#TXMP5f60a361taxmap/instr/i1040gi-009.htm#TXMP4a0ef313You should receive a Form 1099-G showing in box 1 the total unemployment compensation paid to you in 2011. Report this amount on line 19. However, if you made contributions to a governmental unemployment compensation program and you are not itemizing deductions, reduce the amount you report on line 19 by those
contributions.
If you received an overpayment of unemployment compensation in 2011 and you repaid any of it in 2011, subtract the amount you repaid from the total amount you received. Enter the result on line 19. Also, enter
Repaid
and the amount you repaid on the dotted line next to line 19. If, in 2011, you
repaid unemployment compensation that you included in gross income in an earlier
year, you can deduct the amount repaid on Schedule A, line 23. But if you repaid
more than $3,000, see
Repayments in Pub.
525 for details on how to report the repayment.
You should receive a Form SSA-1099 showing in box 3 the total social security benefits paid to you. Box 4 will show the amount of any benefits you repaid in 2011. If you received railroad retirement benefits treated as social security, you should receive a Form
RRB-1099.
Use the Social Security Benefits Worksheet in these instructions to see if any of your benefits are
taxable.
taxmap/instr/i1040gi-009.htm#TXMP20d33f6bDo not use the Social Security Benefits Worksheet in these instructions if any of the following applies.
- You made contributions to a traditional IRA for 2011 and you or your spouse were covered by a retirement plan at work or through self-employment. Instead, use the worksheets in Pub. 590 to see if any of your social security benefits are taxable and to figure your IRA
deduction.
- You repaid any benefits in 2011 and your total repayments (box 4) were more than your total benefits for 2011 (box 3). None of your benefits are taxable for 2011. Also, you may be able to take an itemized deduction or a credit for part of the excess repayments if they were for benefits you included in gross income in an earlier year. For more details, see Pub.
915.
- You file Form 2555, 2555-EZ, 4563, or 8815, or you exclude employer-provided adoption benefits or income from sources within Puerto Rico. Instead, use the worksheet in Pub.
915.
taxmap/instr/i1040gi-009.htm#w24811v03 | Social Security Benefits Worksheet—Lines 20a and
20b - Complete Form 1040, lines 21 and 23 through 32, if they apply to
you.
- Figure any write-in adjustments to be entered on the dotted line next to line 36 (see the instructions for line
36).
- If you are married filing separately and you lived apart from your spouse for all of 2011, enter "D" to the right of the word "benefits" on line 20a. If you do not, you may get a math error notice from the
IRS.
- Be sure you have read the
Exception
in the line 20a and 20b instructions to see if you can use this worksheet
instead of a publication to find out if any of your benefits are taxable.
| | | | 1. | | Enter the total amount from
box 5 of
all your
Forms SSA-1099 and
Forms RRB-1099. Also, enter this amount on Form 1040, line 20a
| 1. | | | | | | 2. | | Enter one-half of line 1 | 2. | | | | | 3. | | Combine the amounts from Form 1040, lines 7, 8a, 9a, 10 through 14, 15b, 16b, 17 through 19, and
21 | 3. | | | | | 4. | | Enter the amount, if any, from Form 1040, line 8b | 4. | | | | | 5. | | Combine lines 2, 3, and 4 | 5. | | | | | 6. | | Enter the total of the amounts from Form 1040, lines 23 through 32, plus any write-in adjustments you entered on the dotted line next to line 36
| 6. | | | | | 7. | | Is the amount on line 6 less than the amount on line
5? | | | | | |
| No. |
|
None of your social security benefits are taxable. Enter -0- on Form 1040, line
20b. | | | | | | | |
| Yes. Subtract line 6 from line 5
| 7. | | | | | 8. | | If you are:
- Married filing jointly, enter $32,000
- Single, head of household, qualifying widow(er), or married filing
separately and you
lived apart from your spouse for all of 2011,
enter $25,000
|
| 8. | | | | | | |
- Married filing separately and you lived with your spouse at any
time
in 2011, skip lines 8 through 15; multiply line 7 by 85% (.85) and
enter the result on line 16. Then go to line 17
| | | | 9. | | Is the amount on line 8 less than the amount on line
7? | | | | | |
| No. |
| None of your social security benefits are taxable. Enter -0- on Form 1040, line 20b. If you are married filing separately and you
lived apart
from your spouse for all of 2011, be sure you entered "D" to the right of the
word "benefits" on line 20a.
| | | | | |
| Yes. Subtract line 8 from line 7
| 9. | | | | | 10. | | Enter: $12,000 if married filing jointly; $9,000 if single, head of household, qualifying widow(er), or married filing separately and you
lived apart from your spouse for all of 2011
| 10. | | | | | 11. | | Subtract line 10 from line 9. If zero or less, enter
-0- | 11. | | | | | 12. | | Enter the
smaller of line 9 or line 10
| 12. | | | | | 13. | | Enter one-half of line 12 | 13. | | | | | 14. | | Enter the
smaller of line 2 or line 13
| 14. | | | | | 15. | | Multiply line 11 by 85% (.85). If line 11 is zero, enter
-0- | 15. | | | | | 16. | | Add lines 14 and 15 | 16. | | | | | 17. | | Multiply line 1 by 85% (.85) | 17. | | | | | 18. | | Taxable social security benefits. Enter the
smaller
of line 16 or line 17. Also enter this amount on Form 1040, line 20b
| 18. | | | | |
| If any of your benefits are taxable for 2011
and
they include a lump-sum benefit payment that was for an earlier year, you may be
able to reduce the taxable amount. See Pub.
915 for details. | |
|
taxmap/instr/i1040gi-009.htm#TXMP35baa88dtaxmap/instr/i1040gi-009.htm#TXMP2f591fb7 | Do not report on this line any income from self-employment or fees received as a notary public. Instead, you must use Schedule C, C-EZ, or F, even if you do not have any business expenses. Also, do not report on line 21 any nonemployee compensation shown on Form 1099-MISC (unless it is not self-employment income, such as income from a hobby or a sporadic activity). Instead, see the instructions on Form 1099-MISC to find out where to report that
income. |
taxmap/instr/i1040gi-009.htm#TXMP27185b27Use line 21 to report any taxable income not reported elsewhere on your return or other schedules. List the type and amount of income. If necessary, include a statement showing the required information. For more details, see
Miscellaneous Income in Pub.
525.
Examples of income to report on line 21 include the following.
- Prizes and awards.
- Jury duty pay. Also, see the instructions for line 36.
- Alaska Permanent Fund dividends.
- Taxable distributions from a Coverdell education savings account (ESA) or a qualified tuition program (QTP). Distributions from these accounts may be taxable if (a) they are more than the qualified higher education expenses of the designated beneficiary in 2011, and (b) they were not included in a qualified rollover. See Pub.
970. Nontaxable distributions from these accounts, including rollovers, do not have to be reported on Form 1040.
| You may have to pay an additional tax if you received a taxable distribution from a Coverdell ESA or a QTP. See the Instructions for Form
5329. |
- Taxable distributions from a health savings account (HSA) or an Archer MSA. Distributions from these accounts may be taxable if (a) they are more than the unreimbursed qualified medical expenses of the account beneficiary or account holder in 2011, and (b) they were not included in a qualified rollover. See Pub.
969.
|
You may have to pay an additional tax if you received a taxable distribution from an HSA or an Archer MSA. See the Instructions for Form 8889 for HSAs or the Instructions for Form 8853 for Archer
MSAs. |
- Amounts deemed to be income from an HSA because you did not remain an eligible individual during the testing period. See Form 8889, Part
III.
-
Gambling winnings, including lotteries, raffles, a lump-sum payment from the
sale of a right to receive future lottery payments, etc. For details on gambling
losses, see the instructions for Schedule A, line 28.
|
Attach Form(s) W-2G to
Form 1040 if any federal income tax was withheld. |
- Alternative trade adjustment assistance (ATAA) or reemployment trade adjustment assistance (RTAA) payments. These payments should be shown in box 5 of Form
1099-G.
- Reimbursements or other amounts received for items deducted in an earlier year, such as medical expenses, real estate taxes, general sales taxes, or home mortgage interest. See
Recoveries in Pub.
525 for details on how to figure the amount to report.
- Income from the rental of personal property if you engaged in the rental for profit but were not in the business of renting such property. Also, see the instructions for line
36.
- Income from an activity not engaged in for profit. See Pub.
535.
- Loss on certain corrective distributions of excess deferrals. See
Retirement Plan Contributions in Pub.
525.
- Dividends on insurance policies if they exceed the total of all net premiums you paid for the
contract.
- Recapture of a charitable contribution deduction relating to the contribution of a fractional interest in tangible personal property. See
Fractional Interest in Tangible Personal Property in Pub.
526. Interest and an additional 10% tax apply to the amount of the recapture. See the instructions for line
60.
- Recapture of a charitable contribution deduction if the charitable organization disposes of the donated property within 3 years of the contribution. See
Recapture if no exempt use in Pub.
526.
- Canceled debts. These amounts may be shown in box 2 of Form 1099-C. However, part or all of your income from the cancellation of debt may be nontaxable. See Pub.
4681 or go to IRS.gov and enter
canceled debt
or
foreclosure
in the search box. - Taxable part of disaster relief payments. See Pub.
525
to figure the taxable part, if any. If any of your disaster relief payment is
taxable, attach a statement showing the total payment received and how you
figured the taxable part.
taxmap/instr/i1040gi-009.htm#TXMP58520a28Do not report any nontaxable income on line 21. Examples of nontaxable income include the following.
- Child support.
- Payments you received to help you pay your mortgage loan under the HFA Hardest Hit Fund or the Emergency Homeowners' Loan Program or similar state program.
- Any Pay-for-Performance Success Payments that reduce the principal balance of your home mortgage under the Home Affordable Modification
Program.
- Life insurance proceeds received because of someone's death (other than from certain employer-owned life insurance
contracts).
- Gifts and bequests. However, if you received a gift or bequest from a foreign person of more than $14,375, you may have to report information about it on Form 3520, Part IV. See the Instructions for Form
3520.
Include on line 21 any NOL deduction from an earlier year. Subtract it from any income on line 21 and enter the result. If the result is less than zero, enter it in parentheses. On the dotted line next to line 21, enter
NOL
and show the amount of the deduction in parentheses. See Pub.
536 for details.
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