Index of Publication 17 - Your Federal Income Tax (For Individuals)

10% tax for early withdrawal from IRA or retirement plan, See: Early withdrawal from deferred interest account, subheading: Tax on

10-year tax option, 10-Year Tax Option

401(k) plans:

Tax treatment of contributions, Elective deferrals.

403(b) plans:

Rollovers, Tax-sheltered annuity plan (section 403(b)..., Tax-sheltered annuity plan (section 403(b)..., A tax-sheltered annuity plan (403(b) plan).

457 plans, See: Section 457 deferred compensation plans

529 plans, See: Qualified tuition programs

591/2 rule, Age 591/2 rule.

60 day rule, Time limit for making a rollover contribution.

701/2 rule, Age 701/2 rule.

Abandonment of home, Abandonment.

Abroad, citizens traveling or working, Travel Outside the United States, Travel Primarily for Business, Employees of foreign governments or international organizations., Foreign Employer

See also: Retirement plans

Rollovers, A qualified employee annuity.

Sale of, Sale of Annuity

Gain as ordinary income, Tax-free exchange.

Simplified method to calculate tax-free part of annuity payment, Simplified Method

Survivor's annuity, If the retiree was reporting the annuity...

Worksheet for computation, How to use the Simplified Method.

Survivor annuities, Survivors and Beneficiaries

Trade of insurance policies and annuities, Insurance policies and annuities.

Unrecovered investment, Unrecovered Investment in Annuity

Withholding, Withholding and estimated tax., If you received a Form 1099-R, Distributions..., Pensions and Annuities

See also: Rollovers

Annulled marriages:

Filing status, Annulled marriages.

Anthrax incidents, See: Terrorist attacks

Antiques, See: Collectibles

Appliances:

Deterioration and damage, not casualty loss, The deterioration and damage to a water heater...

Appraisal fees, Appraisal Fees

Donated property, Appraisal Fees

Not deductible as interest, Appraisal fees,

Real estate transactions, when required by lender, Charges connected with getting a loan, such...

Appraisals:

Casualty or theft losses, Appraisal., Appraisals are used to figure the decrease...

Archer MSAs, In most cases, you do not include in income...

Contributions, Archer MSA contributions.

Filing requirements (Table 1-3), On Form 1040EZ, you can use only the tax...

Medical expenses paid for decedent from, Qualified medical expenses paid before death...

Armed forces, Armed Forces reservists., Domestic fraternal societies, orders, and...

Combat zone:

Extension to file return, Individuals Serving in Combat Zone

Signing return for spouse, Spouse in combat zone.

Dependency allotments, Armed Forces dependency allotments.

Disability pay, Disability.

Disability pensions, Military and Government Disability Pensions

GI Bill benefits, Tuition payments and allowances under the GI Bill.

Military, Military uniforms.

Military quarters allotments, Tax-exempt military quarters allowances.

Naval officers on permanent duty aboard ship, A naval officer assigned to permanent duty...

Permanent duty overseas, Members of the Armed Forces.

Real estate taxes when receiving housing allowance, Ministers' and military housing allowance., Ministers' and military housing allowances.

Rehabilitative program payments, Veterans' benefits.

Reserves, Armed Forces reservists traveling more than 100 miles from home.

Retirees' pay:

Taxable income, Military retirement pay.

Withholding, Military retirees.

Uniforms, Military uniforms.

Wages, Payments you receive as a member of a military...

See also: Estate beneficiaries

Bequests, An estate or trust, unlike a partnership,..., Losses., Gifts and inheritances., Income from property received as a gift.

See also: Estate beneficiaries

See also: Entertainment expenses

Business expenses, Entertainment Expenses

Job search expenses, Job interview expenses.

Meal expenses, See: Meal and lodging expenses

Reimbursements, If you receive travel, transportation, or...

Returning excess for business expenses, Returning Excess Reimbursements, Expense allowances.

Travel, See: Travel and transportation expenses

Work-related education, What Expenses Can Be Deducted

See also: Entertainment expenses

Business organizations:

Charitable contributions to, Civic leagues and associations.

Business property:

As gift, adjusted basis for, Business property.

Basis for depreciation, Basis for depreciation.

Property use changed to, adjusted basis for, Property Changed From Personal to Business or Rental Use

Sales or exchanges:

Like-kind exchanges, The property must not be held primarily for...

Business tax credits:

Claim for refund, Carryback of certain business tax credits....

Business use of home, Home Office

Cafeteria plans, Cafeteria plans.

Calendar year taxpayers:

Accounting periods, When Do I Have To File?, Accounting Periods, The general rule: benefits are reported for...

Filing due date, When Do I Have To File?

California Nonoccupational Disability Benefit Fund, California Nonoccupational Disability Benefit...

Campaign contributions, Political organizations and candidates., Campaign contributions.

Presidential Election Campaign Fund, Presidential Election Campaign Fund

Campaign expenses, Campaign Expenses

Canada:

Resident of, Citizen or Resident Test, Child in Canada or Mexico.

Cancellation of Debt:

Form 1099-C, Form 1099-C, Cancellation of Debt;

Cancellation of debt, Canceled Debts

Exceptions to treatment as income, Exceptions

Candidates for public office:

Contributions to, no charitable deduction for, Political organizations and candidates.

Capital assets:

Coal and iron ore, Coal and iron ore.

Definition of, Capital Assets and Noncapital Assets

Capital expenses, Capital expenses.

Capital gains or losses, Capital Gains and Losses, See chapter 4 of Publication 550 for details..., 28% Rate Gain Worksheet for Emily Jones—Line...

Bad debts as short-term capital loss, Deduct nonbusiness bad debts as short-term...

Carryover of, Long-term capital loss carryovers., Capital loss carryover.

Worksheet, Complete the Capital Loss Carryover Worksheet...

Character of gain, This section discusses the tax treatment...

Character of loss, This section discusses the tax treatment...

Child's distributions and dividends, reporting of, If part of the amount you report is your..., Capital gain distributions and qualified dividends.

Collectibles, Investment interest deducted.

Deductions, Capital Losses

Limit on, Limit on deduction.

Married filing separately, Special Rules

Distributions, Report amounts you receive from money market...

Form 1040 or 1040A to be used, If you receive capital gain distributions,..., Your income is only from wages, salaries,..., Qualified Dividends and Capital Gain Tax...

Form 8949, Reporting Gains and Losses

Hobbies, sales from collections, If you collect stamps, coins, or other items...

Holding period, determination of, Holding Period

How to report, Reporting Capital Gains and Losses

Installment sales and, Installment sales.

Lump-sum distributions from pensions and annuities, Capital Gain Treatment

Mutual funds paying, Capital gain distributions (also called capital...

Net capital gain, This section discusses the tax treatment..., The result after combining these items with..., The term net capital gain means the amount...

Included as investment income, Choosing to include net capital gain.

Net long-term capital loss, The result after combining these items with...

Sale of personal items, If you sold an item you owned for personal..., However, if you sold an item you held for...

Sale or trade of property held more than 1 year, Long-term or short-term., A capital gain or loss on the sale or trade...

Schedule D, Reporting Gains and Losses, Reporting Capital Gains and Losses

Section 1250 gains from sale of real property, This section discusses the tax treatment..., Generally, this is any part of your capital...

State or local government bonds, tax-exempt, A loss on the sale or other disposition of...

Tax rates, Capital Gain Tax Rates

Total net gain, Total net gain or loss.

Total net loss, Total net gain or loss.

Undistributed gains, Undistributed long-term capital gains from...

Credit for tax on, Undistributed capital gains of mutual funds and REITs., Credit for Tax on Undistributed Capital Gain

Car expenses, Car expenses.

Car pools, Car pools., Car pools.

Carrybacks:

Business tax credit carrybacks, Carryback of certain business tax credits....

Carryovers:

Capital loss, Long-term capital loss carryovers., Capital loss carryover.

Worksheet, Complete the Capital Loss Carryover Worksheet...

Charitable contributions, when deduction exceeds adjusted-gross-income limits, Carryovers

Investment interest, You can carry over the amount of investment...

Cars, Car Expenses, Car Expenses and Other Employee Business Expenses, Transportation, Transporting school children.

Accidents resulting in casualty loss, Car accidents (but see Nondeductible losses,...

Value determination, Car value.

Willful negligence or intentional act as cause, A car accident if your willful negligence...

Actual expenses, Actual car expenses., Actual Car Expenses

Advertising displays on, Advertising display on car.

Allowances from employers, Per Diem and Car Allowances

As capital assets, A car used for pleasure or commuting,

Blue book to determine fair market value, If you contribute a car, boat, or airplane...

Books to determine fair market value, Books issued by various automobile organizations...

Business and personal use, allocation between, Business and personal use., Separating expenses.

Car pools, Car pools.

Charitable gift of, deduction for fair market value, Cars, boats, and airplanes.

Charitable organization service, use for, Car expenses.

Depreciation, Depreciation and section 179 deductions.

Donations of, The following rules apply to any donation...

Electric vehicles, See: Electric cars

Fixed and variable rate (FAVR), Fixed and variable rate (FAVR).

Form 2106 or 2106-EZ, how to fill out, Car expenses.

Hauling tools or instruments, Hauling tools or instruments.

Interest on loans, not deductible, Interest on car loans (unless you use the...

Leased vehicles, Leasing a car.

Medical transportation, Transportation, Car expenses.

Parking, See: Parking fees

Personal property taxes on, deduction of, A tax that meets the above requirements can...

Reporting of, How To Report

Table 26-3 showing forms to be used, Your employer sends you on a 5-day business...

Sale, trade-in, or other disposition, Sale, Trade-In, or Other Disposition

Section 179 deductions, Depreciation and section 179 deductions.

Work-related education, transportation for, Using your car.

See also: Disaster relief

Employer's emergency disaster fund, Employer's emergency disaster fund.

Fair market value of property, Decrease in Fair Market Value

Form 4684 to be filed, When you have a casualty or theft, you have...

Insurance proceeds, treatment of, Insurance and Other Reimbursements

Net operating losses, Net operating loss (NOL).

Nondeductible losses, Volcanic eruptions.

Proof of loss, Casualty loss proof.

Property used partly for business and partly for personal purposes, Property used partly for business and partly for personal purposes.

Reimbursement, Insurance and Other Reimbursements

Reporting of gain or loss, How To Report Gains and Losses, When To Report Gains and Losses, Losses.

Single casualty on multiple properties, Single Casualty on Multiple Properties

Cemeteries:

Charitable contributions to, The United States or any state, the District...

Certificate, mortgage credit, You may be eligible for the credit if you...

Certificates of deposit (CDs), Individual Retirement Arrangements (IRAs), Certificates of deposit (CDs).

See also: Individual retirement arrangements (IRAs)

Chambers of commerce:

Charitable contributions to, Civic leagues and associations.

Entertainment expenses for attending meetings, You can deduct entertainment expenses that...

Change of address, Change of Address

Change of name, Name change., Name changed.

Chaplains:

Life insurance proceeds when death in line of duty, For this purpose, the term public safety...

Charitable contributions, Contributions

$500 or more noncash contribution:

Form 8283 to be used, How To Report

Bargain sales as, Bargain sales.

Benefit received as result of contribution, Contributions From Which You Benefit, Contributions From Which You Benefit

Capital gain property as donation, Capital gain property.

Limit on deduction, Generally, the 50% limit is the only limit..., 30% Limit, 20% Limit

Carryover of excess deduction, Carryovers

Deductions:

30% limit of adjusted gross income, 30% Limit

50% limit of adjusted gross income, 50% Limit

Examples of (Table 24-1), You can deduct your contributions only if...

Limits on, Limits on Deductions, Your deduction for charitable contributions...

Year to claim deduction, When To Deduct

Definition of, A charitable contribution is a donation or...

Fair market value of property contributions, If you give property to a qualified organization,..., Determining Fair Market Value, Amount of deduction — general rule.

Recordkeeping requirements, The fair market value of the property at...

Gifts to reduce public debt, Send your check to: Bureau of the Public...

Large quantities of items, Large quantities.

Noncash contributions, recordkeeping requirements, Noncash Contributions

Nonqualified organizations, Contributions to Nonqualified Organizations

Not deductible, Contributions You Cannot Deduct

Ordinary income property as donation, Ordinary income property.

Property contributions, Contributions of Property

Decreased in value, Giving Property That Has Decreased in Value

Increased in value, Giving Property That Has Increased in Value

Publication 78, list of qualified organizations, You can ask any organization whether it is...

Qualified organizations, Organizations That Qualify To Receive Deductible Contributions

Types of, Types of Qualified Organizations

Written statement from, Written statement.

Schedule A (Form 1040) to be used for deductions, How To Report

Time of making contribution, how to determine, Time of making contribution.

To individuals, not deductible, Contributions to Individuals

Token items given by recipients, Token items.

Charitable deduction for living expenses, Student living with you.

Charity benefit events:

Deduction amount for charitable contributions, Charity benefit events.

Check-writing fees, Check-Writing Fees on Personal Account

Checklists:

Medical and dental expense deductions (Table 21-1), If you are not covered under social security...

Checks:

As charitable contributions, Checks.

Canceled checks as evidence of travel expenses, Canceled check.

Constructive receipt of, Check received or available.

Payment of tax, Check or money order.

Penalty if not honored, Payment not honored.

Child:

Foster child, You are that person's son, daughter, stepchild,..., You are that person's son, daughter, stepchild,...

Married child, Married child.

Child and dependent care credit, The credit for child and dependent care expenses....

Due diligence, You should keep this information with your...

Earned income, Earned income.

Full-time student, This rule applies to only one spouse for...

Married filing separately, Special Rules

Payments to relatives, Payments to Relatives or Dependents

Child born alive, Child born alive.

Child care:

Babysitting, Babysitting.

Care providers, If you provide childcare, either in the child's...

Credit, See: Child and dependent care credit

Expenses, Child care expenses.

Child custody, Custodial parent and noncustodial parent.

Child support, Child support payments.

Alimony, difference from, The payment is not treated as child support., Child support., Child support,

Child support under pre-1985 agreement, Child support under pre-1985 agreement.

Child tax credit, Child tax credit., You qualify for the health coverage tax credit...., The education credits. (See chapter 34.), If you are having too much tax withheld,..., Child Tax Credit

Additional credit, Additional Child Tax Credit

Amount of credit, Amount of Credit

Claiming, procedure for, Claiming the Credit

Form 8812, completed, If you have an additional child tax credit...

Limits, Special Rules, Limits on the Credit

Modified adjusted gross income, Modified AGI.

Married filing separately, Special Rules

Qualifying child, Qualifying Child

Withholding, checking amount, Checking Your Withholding

Child, qualifying, Qualifying Child

Childcare:

Credit, Child and Dependent Care Credit

Provider:

Taxpayer identification number, Provider Identification Test

Children:

Investment income of, Tax on investment income of certain children., Tax on investment income of certain children.

Kidnapped, Kidnapped child.

Chronic illness:

Accelerated payment of life insurance proceeds, See: Accelerated death benefits

Long-term care, See: Long-term care insurance contracts

Church employees:

Filing requirements (Table 1-3), On Form 1040EZ, you can use only the tax...

Churches, temples, etc.:

Charitable contributions to, The following list gives some examples of...

50% limit on deduction, Churches and conventions or associations...

Convention delegates, deduction of unreimbursed expenses, You cannot deduct your expenses in attending...

Citizen or resident test, Citizen or Resident Test

Citizens outside U.S.:

Business travel outside U.S., Travel Outside the United States, Travel Primarily for Business, Travel Primarily for Personal Reasons

Self-employed persons, A self-employed person generally has substantial...

Standard meal allowance, Standard meal allowance for areas outside the continental United States.

Earned income exclusion, If you reside outside the United States,...

Employment, See: Foreign employment

Extension of time to file, Individuals Outside the United States

Filing requirements, U.S. Citizens and Residents Living Outside the United States

Withholding from IRA distributions, IRA distributions delivered outside the United States.

Civic associations:

Charitable contributions to, Communist organizations.

Civil defense organizations:

Charitable contributions to, Civil defense organizations.

Civil service retirement benefits, If you are retired from the federal government...

Civil suits, Court awards and damages.

See also: Entertainment expenses

Closing costs:

Real property transactions, Settlement costs.

Sale of home, Settlement fees or closing costs.

Clothing:

Military, Military uniforms.

Moth damage, not casualty loss, Termite or moth damage.

Uniforms:

Charitable organization requiring, deduction for cost and upkeep of, Uniforms.

Used clothing, charitable deduction for fair market value, Used clothing and household items.

work, Work Clothes and Uniforms

Club dues and membership fees:

Entertainment expenses, Club dues and membership fees.

Co-owners:

Dwelling unit used as home by co-owner, rental income and expense allocation, Shared equity financing agreement.

Coal and iron ore, Coal and iron ore.

Coins, See: Collectibles

Collectibles:

As capital assets, Coin or stamp collections,, Gold, silver, stamps, coins, gems, etc.

Gains or losses from sale or trade of, Investment interest deducted.

IRA investment in, Investment in Collectibles, Your IRA can invest in one, one-half, one-quarter,...

Collective bargaining agreements, Union agreements.

College professor:

Research expenses, Research Expenses of a College Professor

Colleges and universities:

Charitable contributions to, Most nonprofit educational organizations,...

50% limit on deduction, Educational organizations with a regular...

Athletic events, amount deductible, Athletic events.

Education costs, Qualified tuition programs (QTPs).

Employer-provided educational assistance, Qualified Education Expenses

See also: Entertainment expenses

Daily allowance, See: Per diem

Damage to property, Nonbusiness Casualty and Theft Losses

Disasters, Employer's emergency disaster fund., Disaster relief.

See also: Disaster relief

See also: Casualty losses

Damages, Damages for Breach of Employment Contract

Damages from lawsuits, Court awards and damages.

Medical expenses as part of settlement, Damages for Personal Injuries

Dating your return, Signatures

Daycare centers, The credit for child and dependent care expenses...., If you provide childcare, either in the child's..., Care outside your home.

See also: Child and dependent care credit

See also: Entertainment expenses

See also: Rollovers

See also: Vacation homes

See also: Disaster relief

Easements:

Adjustment to basis for, Easements.

Education:

Savings bond program, Education Savings Bond Program

Education credits, The child tax credit. (See chapter 33.), Education Credits

Academic period, Academic period.

Eligible educational institution, Eligible educational institution.

Married filing separately, Special Rules

Recapture of, Recapture of an education credit. (See chapter...

Filing requirements (Table 1-3), On Form 1040EZ, you can use only the tax...

Timing of, When Must the Credit Be Repaid (Recaptured)

Refund of expenses, Refunds.

Education expenses:

Employer-provided, See: Educational assistance

Tuition, See: Qualified tuition programs

Work-related education, deduction of expenses, Cruises and conventions.

Educational assistance:

Employer-provided, Educational Assistance

Scholarships, See: Scholarships and fellowships

Tuition, See: Qualified tuition programs

Educational institution, See: Eligible educational institution

Educational organizations:

As related party in transactions, A tax-exempt charitable or educational organization...

Charitable contributions to, Scientific., Most nonprofit educational organizations,...

50% limit on deduction, Educational organizations with a regular...

Educator out-of-pocket expenses, Educator Expenses

EE series bonds, See: U.S. savings bonds

EIC, See: Earned income credit

EITC Assistant, Online help.

Elderly or disabled, credit for, The credit for the elderly or the disabled....

Married filing separately, Special Rules

Elderly persons, Retirement Plans, Pensions, and Annuities

Credit for, See: Elderly or disabled, credit for

Exemption from withholding, Age 65 or older or blind.

Home for the aged, Home for the aged.

Long-term care, See: Long-term care insurance contracts

Nutrition Program for the Elderly, Nutrition Program for the Elderly.

Standard deduction for age 65 or older, , Higher Standard Deduction for Age (65 or Older)

Tax Counseling for the Elderly, Free Help With Your Return

See also: Retirement plans

Electric cars:

Credit, You may be entitled to a tax credit for an...

Credits:

Filing requirements (Table 1-3), On Form 1040EZ, you can use only the tax...

Electronic filing, See: E-file

Electronic payment options, Make your check or money order payable to...

Credit card, Pay by credit or debit card using a pay-by-phone...

Credit or debit card, For information on paying your taxes with...

Electronic Federal Tax Payment System (EFTPS), Electronic Federal Tax Payment System (EFTPS)., Pay electronically using the Electronic Federal...

Electronic funds withdrawal, Electronic funds withdrawal., Pay by electronic funds withdrawal if you..., Pay Electronically

Electronic reporting:

Returns, See: E-file

Tip statement from employees to employers, Electronic tip statement.

Eligible educational institution:

Foreign schools, An eligible educational institution is any...

Tuition and fees deduction, An eligible educational institution is any...

Eligible student:

Student loan interest deduction, Eligible student.

Embezzlement:

Losses due to, Embezzlement.

Reporting embezzled funds, Illegal activities.

Emergency Homeowners' Loan Program, Hardest Hit Fund and Emergency Homeowners' Loan Programs., Hardest Hit Fund and Emergency Homeowners' Loan Programs.

Emergency medical service personnel:

Life insurance proceeds when death in line of duty, For this purpose, the term public safety...

Emotional distress damages, Emotional distress.

Employee benefits, Fringe Benefits, De Minimis (Minimal) Benefits, Taxable Fringe Benefits

See also: Withholding

Tip income, On Form 1040EZ, you can use only the tax..., You received $20 or more in tips in any 1...

See also: Social security and Medicare taxes

Employment taxes, Employment Taxes for Household Employers, You may have to pay employment taxes., Household services.

FICA withholding, Credit for Withholding and Estimated Tax for 2011, Withholding, Withholding. If you are an employee, your..., Credit for withholding and estimated tax...., Determining Amount of Tax Withheld Using Form W-4, Getting the Right Amount of Tax Withheld, Rules Your Employer Must Follow, Backup Withholding

See also: Withholding

See also: Social security and Medicare taxes

Empowerment zone, Empowerment zone and renewal community employment...

Endowment proceeds, Endowment Contract Proceeds

Energy assistance, Payments to reduce cost of winter energy.

Energy conservation:

Measures and modifications, Energy conservation measure.

Subsidies, Energy conservation subsidies.

Exclusion as adjustment to basis, Exclusion of subsidies for energy conservation measures.

Utility rebates, Utility rebates.

Entertainers and musicians, Examples of workers who may be able to deduct...

Entertainment expenses, Entertainment Expenses, The meal is business-related entertainment.

50% limit, 50% Limit

Figure 26-A summary of rules, Entertainment expenses: 50% limit

Allocation of costs, Separating expenses., Separating costs.

Business-related gifts vs., Gift or entertainment.

Form 2106 or 2106-EZ, how to fill out, Meal and entertainment expenses.

Meal expenses included, A meal as a form of entertainment.

Proof of expenses, How To Prove Expenses

Table 26-2 summary, You do not need to put confidential information...

Recordkeeping requirements, Recordkeeping

Reporting of, How To Report

Table 26-3 showing forms to be used, Your employer sends you on a 5-day business...

Taking turns paying for meals or entertainment, Taking turns paying for meals or entertainment.

Tickets, Entertainment tickets.

Face-value as deductible amount, Entertainment includes any activity generally...

Gift vs. entertainment deduction, If you give a customer tickets to a theater...

Entertainment facilities:

Expenses for use of, Entertainment facilities.

Equipment, Hauling tools or instruments.

Rental for rental property, Rental of equipment.

See also: Estate beneficiaries

Estimated tax, Tax Withholding and Estimated Tax

Amount to pay to avoid penalty, How much to pay to avoid a penalty.

Avoiding, Who Does Not Have To Pay Estimated Tax

Change in estimated tax, Change in estimated tax.

Credit for, Credit for Withholding and Estimated Tax for 2011, Estimated Tax, Credit for withholding and estimated tax....

Definition, Estimated tax. If you do not pay your tax...

Divorced taxpayers, Divorced Taxpayers

Electronic funds withdrawal, Pay by electronic funds withdrawal if you..., Pay Electronically

Figuring amount of tax, How To Figure Estimated Tax

First period, no income subject to estimated tax in, No income subject to estimated tax during first period.

Fiscal year taxpayers, Fiscal year taxpayers.

Married taxpayers, Married taxpayers.

Name change, Name changed.

Not required, Estimated tax not required.

Overpayment applied to, Refunds

Payment vouchers, Send in your payment (check or money order)..., Pay by Check or Money Order Using the Estimated Tax Payment Voucher

Payments, Estimated tax payments., How To Pay Estimated Tax

Figuring amount of each payment, How To Figure Each Payment

Schedule, When To Pay Estimated Tax, If you do not have income subject to estimated...

When to start, When To Start

Who must make, Who Must Pay Estimated Tax

Penalty for underpayment, Underpayment Penalty for 2011, Underpayment penalty., Underpayment penalty. If you did not pay..., Penalty for underpayment of estimated tax.

IRS computation of, Form 2210, IRS can figure the penalty for you.

Pension payments, Withholding and estimated tax.

Safe harbor for higher income individuals, Estimated tax safe harbor for higher income taxpayers.

Saturday, Sunday, holiday rule, Saturday, Sunday, holiday rule.

Separate returns, Separate Returns

Social security or railroad retirement benefits, Tax withholding and estimated tax.

State and local income taxes, deduction of, Estimated tax payments.

Unemployment compensation, If you do not choose to have tax withheld...

Estimates:

Travel expenses, You cannot deduct amounts that you approximate...

Excess benefits tax, See: Section 72(m)(5)

Excess reimbursements:

Business expense reimbursements, Returning Excess Reimbursements, Expense allowances.

Medical expenses, Excess reimbursement.

Excess reimbursement flowchart (Figure 21-A), However, do not report as income the amount...

Excess withholding credit, Credit for Excess Social Security Tax or Railroad Retirement Tax Withheld

How to take, How to take the credit.

Joint returns, Employer's error.

Exchange students:

Expenses paid for, deductible when under agreement with qualified organization, Expenses Paid for Student Living With You

Exchanges, What Is a Sale or Trade?, How to report.

Like-kind exchanges, Like-Kind Exchanges, Like-kind exchanges.

Partially nontaxable exchange, Partially nontaxable exchanges., Partly nontaxable exchange.

Tax-free:

Definition of, Nontaxable Exchanges

Holding period, determination of, Nontaxable trades.

Taxable exchange, defined, Taxable Exchanges

See also: Withholding

See also: Social security and Medicare taxes

Fiduciaries, Trustees' fees., Trustees' fees., You are the surviving spouse, executor, administrator,...

Fees for services, Personal representatives.

Prohibited transactions, Disqualified persons include your fiduciary...

Related party transactions, A grantor and fiduciary, or the fiduciary...

See also: Disaster relief

FMV, See: Fair market value

Food benefits:

Nutrition program for the elderly, Food benefits you receive under the Nutrition...

Food stamps, Support provided by the state (welfare, food stamps, housing, etc.).

Foreclosure, A mortgage may end early due to a prepayment,..., Foreclosure or repossession.

Foreign charitable organizations:

Canadian charities contributions to, Foreign charitable organizations.

Other foreign charities contributions to, Foreign charitable organizations.

Foreign children:

Adoption credit, Foreign child.

Foreign employment, Employees of foreign governments or international organizations., Foreign Employer

Employment abroad, Employment abroad.

Pension plan contributions, Foreign employment contributions.

Social security and Medicare taxes, Social security and Medicare taxes.

U.S. citizen, U.S. citizen.

Waiver of alien status, Waiver of alien status.

Foreign governments, employees of, Employees of international organizations or foreign governments.

Foreign income:

Dividends, Foreign-source income.

Earned income exclusion, If you reside outside the United States,...

Reporting of, Foreign source income.

Foreign income taxes:

Deduction of, Foreign Income Taxes

Form 1116 to claim credit, Foreign income taxes.

Schedule A or Form 1040 reporting, Foreign income taxes.

Definition of, Foreign taxes.

Foreign nationals, See: Resident aliens

Foreign organizations:

Charitable contributions to, Homeowners' associations.

Foreign schools, An eligible educational institution is any..., An eligible educational institution is any...

Foreign Service, Members of the uniformed services or Foreign Service, employees of the intelligence community, or employees or volunteers of the Peace Corps.

Foreign students, Foreign students' place of residence.

Expenses paid for, deductible when under agreement with qualified organization, Expenses Paid for Student Living With You

Foreign tax credit, Foreign Tax Credit

How to take, How to take the credit.

Limit on, Limit on the credit.

Forgiveness of debt, See: Cancellation of debt

Form:

1040:

Educator expenses, Educator Expenses

1040, Schedule D:

Capital gains or losses, Reporting Gains and Losses

Form 8949, Reporting Gains and Losses

1040A:

Educator expenses, Educator Expenses

1098-C:

Contributions of Motor Vehicles, Boats, and Airplanes, Form 1098-C.

8912:

Credit to Holders of Tax Credit Bonds, How to take the credit.

8949:

Sales and other dispositions of capital assets, Reporting Gains and Losses

Form 1040:

Schedule D:

Capital gains or losses, Reporting Gains and Losses

Form 8949, Reporting Gains and Losses

Form 1040, Schedule A, You file Form 1040 and itemize deductions...

Form 1040, Schedule D:

Form 8949, Reporting Gains and Losses

Reporting capital gains and losses, Reporting Gains and Losses

Form 1040-ES:

Estimated tax, To figure your estimated tax, you must figure..., If you did not pay estimated tax last year,...

Form 1040-ES(NR):

Estimated tax for nonresident aliens, Resident and nonresident aliens also may...

Form 1040A:

Estimated tax payments, Take credit for all your estimated tax payments...

Overpayment offset against next year's tax, Credit an Overpayment

Form 1098:

Mortgage interest, Hardest Hit Fund and Emergency Homeowners' Loan Programs., Hardest Hit Fund and Emergency Homeowners' Loan Programs.

Form 1099-B:

Barter income, Form 1099-B, Proceeds From Broker and Barter...

Form 1099-C:

Cancellation of Debt, Form 1099-C, Cancellation of Debt;

Form 1099-DIV:

Dividend income statement, Form 1099-DIV, Dividends and Distributions;

Form 1099-G:

Government payments, Form 1099-G, Certain Government Payments;

Form 1099-INT:

Interest income statement, Form 1099-INT, Interest Income;

Form 1099-K:

Merchant card payments, Form 1099-K, Merchant Card and Third Party...

Third party network payments, Form 1099-K, Merchant Card and Third Party...

Form 1099-MISC:

Miscellaneous income, Form 1099-MISC, Miscellaneous Income;

Withheld state and local taxes, Withheld taxes.

Form 1099-OID:

Original issue discount, from issuer or broker, Form 1099-OID, Original Issue Discount;

Form 1099-Q:

Payments from Qualified Education Programs, Form 1099-Q, Payments From Qualified Education...

Form 1099-R:

Retirement plan distributions, Form 1099-R, Distributions From Pensions,...

Withheld state and local taxes shown on, Withheld taxes.

Form 1099-S:

Real Estate Proceeds, Form 1099-S, Proceeds From Real Estate Transactions;

Real estate transactions proceeds, Form 1099-S.

Form 1116:

Foreign tax credit, Foreign income taxes.

Form 2210:

Underpayment of estimated tax, IRS can figure the penalty for you.

Form 8332:

Release of exemption to noncustodial parent, Written declaration.

Form RRB-1099:

Railroad retirement benefits, Form RRB-1099, Payments by the Railroad Retirement...

Form SSA-1099:

Social security benefits, Form SSA-1099, Social Security Benefit Statement;...

Form W-2:

Employer-reported income statement, Withholding

Filing with return, Forms W-2 and W-2G.

Separate form from each employer, Form W-2

Withheld state and local taxes, Withheld taxes.

Form W-2c:

Corrected wage and tax statement, If you receive a form with incorrect information...

Form W-2G:

Gambling winnings withholding statement, Withholding, Form W-2G, Form W-2G.

Withheld state and local taxes shown on, Withheld taxes.

Form W-4:

Employee withholding allowance certificate, If you receive salaries or wages, you can..., Determining Amount of Tax Withheld Using Form W-4, New Form W-4.

Filling out form and worksheets, Completing Form W-4 and Worksheets

Form W-4P:

Pensions and annuities withholding certificate, For more information on taxation of annuities...

Form W-4S:

Sick pay withholding request, Form W-4S.

Form W-4V, To make this choice, fill out Form W-4V (or...

Unemployment compensation, voluntary withholding request, Unemployment Compensation

Form(s) 1099:

Taxable income report, The 1099 Series, Banks or other businesses that pay you certain...

Forms, Mailing your return.

See also: Casualty losses

Claim for refund for loss, Net operating loss carryback. (See Publication...

Collectibles, Investment interest deducted.

Financial institution's bankruptcy causing deductible loss, Loss on Deposits

Reporting of, Loss on deposits.

Gambling, See: Gambling winnings and losses

Hobby losses, Hobby losses.

Ordinary gain and loss, Capital or Ordinary Gain or Loss

Bank deposit, loss due to bank's insolvency or bankruptcy, Casualty loss or ordinary loss.

Ordinary loss, Capital or Ordinary Gain or Loss

Passive activity, Rental activity losses., Passive Activity Limits, Passive activity gains and losses.

See also: Mortgages

Aged, home for, Home for the aged.

As capital asset, A house owned and used by you and your family,

Basis, See: Sale of home

Business use of, Home Office

Closing costs, Settlement fees or closing costs.

Cost of keeping up, Keeping Up a Home

Damage to, Nonbusiness Casualty and Theft Losses

See also: Casualty losses

Foreclosure, Foreclosure or repossession.

Improvements:

Loans for, Home improvement loan.

Jointly owned:

Mortgage payments as alimony, Payments for jointly-owned home.

Separate residences in and alimony payments, Spouses cannot be members of the same household.

Taxes and insurance premiums as alimony, If you must pay all the real estate taxes...

Main home, defined, Main Home

Office, Home Office

Points, Points on home mortgage.

Possession before final settlement, rent not deductible as interest, Rental payments.

Repossession, Foreclosure or repossession.

Security system, Home Security System

Settlement fees, Settlement fees or closing costs.

Tax home, determination for travel-related business expenses, Tax Home

Tenants in common, taxes and insurance premiums as alimony, Taxes and insurance.

See also: Casualty losses

See also: Vacation homes

See also: Mortgages

See also: Vacation homes

See also: Disaster relief

Icons, use of, Icons., Table 1. Legend of Icons Icon Explanation...

Identification number, qualifying person, Taxpayer identification number.

Illegal activities:

Reporting of, Illegal activities.

Impairment, See: Disabilities, persons with

Impairment-related work expenses, Impairment-Related Work Expenses

Improvements:

Real estate, adjustments to basis for, Improvements.

Rental property, See: Rental income and expenses

Incidental expenses:

Business-related gifts, Incidental costs.

Travel-related, Incidental expenses.

Income, Other Income, A reimbursement for medical care is generally..., Wages, Salaries, and Other Earnings, Alimony., If you are a customer of an electric utility...

Bartering, Bartering

Canceled debts, Canceled Debts

Constructive receipt of, Constructive receipt., Payment to an agent., Constructive receipt.

Excess reimbursement of medical expenses, Excess reimbursement.

Gross, Gross Income Test

Illegal activities, Stolen property.

Interest, Interest Income

Investment income, Investment income defined.

Jury duty pay, Jury duty pay you receive must be included...

Life insurance proceeds, Life Insurance Proceeds

Nonemployee compensation, Nonemployee compensation.

Paid to agent, Payment to an agent.

Paid to third party, Payment to third party.

Partnership, Partnership Income

Prepaid, Income paid in advance.

Recovery, Recoveries

Rental, See: Rental income and expenses

Royalties, Royalties

S corporation, S Corporation Income

Tax exempt, Tax-exempt income.

Taxable income in excess of $100,000, You itemize your deductions on Schedule A.

Taxable income less than $100,000, Your income is only from wages, salaries,..., Your taxable income is less than $100,000.

Tips, See: Tip income

Underreported, You claimed deductions or credits you should...

See also: Rollovers

Individual taxpayer identification numbers (ITINs), Individual taxpayer identification number (ITIN)., If your child was born and died in 2011,...

Individual taxpayers, See: Single taxpayers

Information returns, Form W-2., Form 1099., Form W-2., If you are a U.S. citizen or resident alien,..., Include in income amounts you are awarded..., If you are a federal employee and receive..., For information on how to treat dividends..., Withholding, Banks or other businesses that pay you certain...

Partnerships to provide, Although a partnership generally pays no...

See also: Estate beneficiaries

Inheritance tax:

Deductibility of, Estate, inheritance, legacy, or succession...

Deduction, Estate, inheritance, legacy, or succession...

Injured spouse, Joint return and injured spouse.

Claim for refund, If the injured spouse's residence was in...

Inmate, Any amount received for work while an inmate...

Innocent spouse relief:

Form 8857, You must file Form 8857, Request for Innocent...

Joint returns, Separation of liability, which applies to...

Insider stock compensation from expatriated corporation:

Tax on, Excise tax on insider stock compensation...

Insolvency:

Canceled debt not deemed to be income, The debt is canceled when you are insolvent....

Financial institution's insolvency causing deductible loss, Deposit in Insolvent or Bankrupt Financial Institution

Reporting of, Loss on deposits.

Installment agreements, Installment Agreement

Installment sales, Installment sales, covered in Publication...

Capital gains and, Installment sales.

Home sale, Some sales are made under arrangements that...

Insurance:

Accident, See: Accident insurance

Alimony deduction for, when home owned as tenants in common, Taxes and insurance.

Casualty or theft loss, reimbursement to adjust loss, Insurance and Other Reimbursements

Distributions from, reporting of, If dividends on an insurance contract (other...

Dividends:

Interest on, Insurance policy dividends the insurer keeps...

Form 1099-R to report benefits, Form 1099-R, Distributions From Pensions,...

Life, Group-term life insurance., A life insurance company under an endowment,...

See also: Mortgages

Interference with business operations:

Damages as income, Interference with business operations.

Internal Revenue Service (IRS):

Fraud or misconduct of employee, reporting anonymously, Treasury Inspector General for Tax Administration.

Mission of, IRS mission.

Underpayment penalties, computation by, IRS can figure the penalty for you.

International employment, See: Foreign employment

International organizations, employees of, Employees of international organizations or foreign governments.

Internet:

Electronic filing over, See: E-file

Standard meal allowance rates, You can also find this information (organized...

Inventory, retail, Property held mainly for sale to customers...

Investment income:

Children, Tax on investment income of certain children., Tax on investment income of certain children.

Investment property:

Rental property, See: Rental income and expenses

Investments:

Classes as travel expenses, If the convention is for investment, political,...

Expenses, Investment expenses.

Fees, Investment Fees and Expenses

Property:

As capital asset, Investment Property

Definition, Property held for investment includes property...

Like-kind exchanges, The property must not be held primarily for...

Seminars, Investment-Related Seminars

Involuntary conversion, Condemnations., Government-ordered demolition or relocation...

Basis computation, Involuntary Conversions

Basis for depreciation, Basis for depreciation.

See also: Retirement plans

Kickbacks, Kickbacks.

Kiddie tax, See: Children, subheading: Investment income of

Kidnapped children, A kidnapped child is treated as living with...

Losses due to ransom, Kidnapping for ransom.

Qualifying child, Kidnapped child.

Qualifying relative, Kidnapped child.

Labor unions:

Collective bargaining agreements, Union agreements.

Dues and fees, Political organizations and candidates., Union benefits and dues.

Sick pay withholding under union agreements, Union agreements.

Strike and lockout benefits, Strike and lockout benefits.

Trips from union hall to place of work, Union members' trips from a union hall.

Unemployment compensation payments from, Payments by a union.

Land, Real Property

Depreciation not allowed for, Land.

See also: Casualty losses

Gambling, See: Gambling winnings and losses

Theft, Nonbusiness Casualty and Theft Losses, Theft, Casualty and Theft Losses, Casualty and Theft Losses of Income-Producing Property

See also: Withholding

Payroll taxes, Social security and Medicare taxes paid by employer., Tax Withholding and Estimated Tax

See also: Social security and Medicare taxes

See also: Withholding

Peace Corps allowances, Peace Corps.

Pell grants:

Tuition deduction, effect on, Pell grants (see chapter 1 of Publication...

Penalties:

Accuracy-related, Accuracy-related penalty.

Alimony deduction, failure to provide social security number of recipient, You must give the person who paid the alimony...

Backup withholding, Penalties.

Check not honored, Payment not honored.

Civil penalties, Civil Penalties

Criminal, Criminal Penalties

Deductibility, Penalties., Fines or Penalties

Defenses, Adequate disclosure.

Estimated tax, See: this heading: Underpayment of estimated tax

Failure to include social security number, Penalty for not providing social security number., Failure to supply social security number.

Failure to pay tax, Paying tax late.

Failure to provide social security number or TIN:

Alimony deduction, If you do not provide your spouse's social...

Home seller and purchaser, Deduct home mortgage interest that was not...

To dividend payers, You must give your name and SSN (or individual...

Form 8606 not filed for nondeductible IRA contributions, To designate contributions as nondeductible,..., Penalty for failure to file Form 8606.

Fraud, Fraud., Fraud., Preparing and filing a fraudulent return.

Frivolous tax submission, Frivolous tax submission.

Interest on, Interest on penalties.

IRAs, What Acts Result in Penalties or Additional Taxes?

Early distributions, Early Distributions

Excess contributions, Excess Contributions

Form 8606 not filed for nondeductible contributions, To designate contributions as nondeductible,..., Penalty for failure to file Form 8606.

Overstatement of nondeductible contributions, Penalty for overstatement.

Required distributions, failure to take, You cannot keep funds in a traditional IRA...

Late filing, Filing late., Filing late., Return over 60 days late.

Exception, Exception.

Late payment, Paying tax late.

Negligence, Negligence or disregard.

Reportable transaction understatements, Substantial understatement of income tax.

Roth IRAs:

Conversion contributions withdrawn in 5-year period, Additional tax on distributions of conversion and certain rollover contributions within 5-year period.

Excess contributions, What if You Contribute Too Much?

Substantial understatement of income tax, Substantial understatement of income tax.

Tax evasion, Willful failure to file a return, supply...

Tips, failure to report, Penalty for not reporting tips.

Underpayment of estimated tax, Underpayment Penalty for 2011, Underpayment penalty., Underpayment penalty. If you did not pay..., Penalty for underpayment of estimated tax.

Willful failure to file, Fraud and false statements, or

Withholding, Penalties, Penalties.

Pennsylvania Unemployment Compensation Fund, Pennsylvania Unemployment Compensation Fund.

Pensions, Social Security and Equivalent Railroad Retirement Benefits, , Rollovers, Retirement Plans, Pensions, and Annuities, Railroad retirement benefits.

457 plans, See: Section 457 deferred compensation plans

Clergy, A pension or retirement pay for a member...

Contributions:

Retirement savings contribution credit, Special Rules, Retirement Savings Contributions Credit (Saver's Credit)

Taxation of, Retirement Plan Contributions

Cost computation, Cost (Investment in the Contract)

Decedent's unrecovered investment in, If you received a Form 1099-R, Distributions...

Definition of, A qualified employee plan,, A qualified employee plan,

Disability pensions, Sickness and Injury Benefits

Early distributions:

Exceptions to tax on, Exceptions to tax., Additional exceptions for qualified retirement plans.

Qualified retirement plans, exceptions for, Additional exceptions for qualified retirement plans.

Tax on, Special Additional Taxes, Tax on Early Distributions

Elective deferral limitation, Elective deferrals.

Employer plans:

Benefits from previous employer's plan, Benefits from a previous employer's plan.

Rollover to IRA, Employer's qualified pension, profit-sharing,..., Employer's qualified pension, profit-sharing,...

Situations in which no coverage, Situations in Which You Are Not Covered by an Employer Plan

Estimated tax, Withholding and estimated tax.

Excess accumulation, tax on, Excess accumulation (not receiving minimum..., Tax on Excess Accumulation, Required distributions.

See also: this heading: Required distributions

Foreign employment contributions, Foreign employment contributions.

Form 1099-R, Form 1099-R, Distributions From Pensions,...

General Rule for nonqualified plans and qualified plans for recipients over 75 years, Who must use the General Rule.

Inherited pensions, Inherited pension or IRA.

Joint returns, Joint return.

Loans from plan, Loans.

Lump-sum distributions, Lump-Sum Distributions

See also: Rollovers

See also: Casualty losses

Personal property taxes:

Car taxes, Taxes paid on your car.

Deduction of, Personal Property Taxes

Schedule A, C, E, or F (Form 1040), Real estate taxes and personal property taxes.

Taxes, See: Personal property taxes

Personal representatives, See: Fiduciaries

Persons with disabilities, See: Disabilities, persons with

Photographs:

Casualty or theft loss claims, Photographs taken after a casualty will be...

Physician certification, You are permanently and totally disabled...

Physician's statement, Physician's statement.

Veterans, Veterans.

Place for filing, Mailing your return., Where Do I File?

Plants and trees:

Cost of, when casualty or theft loss involved, The damage or destruction of trees, shrubs,..., Landscaping.

Plug-in electric drive motor vehicle credit, Plug-in Electric Drive Motor Vehicle Credit

Plug-in electric vehicle credit, Plug-in Electric Vehicle Credit

Points:

Basis in property not to include, Charges connected with getting a loan, such..., Points.

Definition, The term points is used to describe certain...

Excess points, Excess points.

Form 1098 reporting, As a general rule, Form 1098 will include...

Limits on deduction, Limits on deduction.

Main home purchase, special treatment of, Points on home mortgage.

Mortgage ending early, Mortgage ending early.

Paid by seller, Points paid by the seller.

Refinancing, Refinancing.

Schedule A (Form 1040) to deduct, Home mortgage interest and points., If you can take a deduction for points that...

Second home, Second home. You cannot fully deduct in the...

Settlement statement shows as charged for mortgage, The amount is clearly shown on the settlement...

Political campaign expenses, Campaign Expenses, Political Contributions

Political contributions, See: Campaign contributions

Political conventions:

Travel expenses, If the convention is for investment, political,...

Ponzi-type investment schemes, Losses from Ponzi-type investment schemes.

Post office employees:

Rural mail carriers, Rural mail carriers.

Postponed tax deadlines:

Disaster areas, Postponed tax deadlines.

Postponement of gain:

Sale of home, The records you should keep include: Proof...

Adjusted basis, Postponed gain from sale of home.

Power of attorney, Power of attorney., If your spouse cannot sign the joint return...

Preferred stock:

Redeemable at a premium, Preferred stock redeemable at a premium.

Premature distributions, See: Early withdrawal from deferred interest account

Prepaid:

Insurance, Prepaid insurance premiums.

Preparer's fee:

Deductible amount, Tax Preparation Fees (Line 22)

Preparers of tax returns, Paid Preparer

Prepayment:

Insurance premiums:

Deductibility as medical expense, Prepaid insurance premiums.

Mortgage interest, See: Mortgages

Rent paid in advance, Advance rent.

Presidential Election Campaign Fund, Presidential Election Campaign Fund

Presidentially declared disasters, See: Disaster relief

Prevention of cruelty to children or animals organizations:

Charitable contributions, The prevention of cruelty to children or...

Price reduced after purchase, Price reduced after purchase.

Principal residence, See: Home

Prisoner, Any amount received for work while an inmate...

Privacy Act and paperwork reduction information, Privacy Act and paperwork reduction information.

Private delivery services, Private delivery services.

Private schools:

Charitable deduction for tuition, Tuition, or amounts you pay instead of tuition,...

Prizes and awards, Bonuses and awards., Supplemental Wages, Prizes and awards., Employee awards or bonuses.

Exclusion from income, Employee achievement award.

Pulitzer, Nobel, and similar prizes, Pulitzer, Nobel, and similar prizes.

Scholarship prizes, Prizes.

See also: Rollovers

See also: Retirement plans

Qualified student loan, See: Student loan interest deduction

Qualified tuition programs, Qualified tuition programs (QTPs).

Additional tax on, Additional tax on qualified tuition programs....

Filing requirements (Table 1-3), On Form 1040EZ, you can use only the tax...

Qualifying child, Qualifying Child

Qualifying person:

Child and dependent care credit, Qualifying Person Test

Qualifying relative, Qualifying Relative

Raffles, Lotteries and raffles.

No charitable deduction for tickets, Costs of raffles, bingo, lottery, etc. You...

Railroad retirement benefits, Social Security and Equivalent Railroad Retirement Benefits, Railroad retirement benefits., If this deduction is more than $3,000, you..., Railroad retirement annuities.

Deductions related to, Deductions Related to Your Benefits

Employer retirement plans different from, Social security or railroad retirement.

Equivalent tier 1 (social security equivalent benefit (SSEB)), Equivalent tier 1 railroad retirement benefits..., Tier 1 railroad retirement benefits that...

Estimated tax, Tax withholding and estimated tax.

Form RRB-1099, Equivalent tier 1 railroad retirement benefits..., Form RRB-1099, Payments by the Railroad Retirement...

Income, Your income is only from wages, salaries,...

Joint returns, Joint return.

Lump-sum election, Lump-sum election.

Married filing separately, Special Rules, Benefits not taxable.

Repayment of benefits, Repayment of benefits.

Reporting of, How To Report Your Benefits

Taxability of, How Much Is Taxable?, Are Any of Your Benefits Taxable?

Withholding, Commodity credit corporation loans you choose...

Not tax deductible, Employment taxes. This includes social security,...

Withholding for, Tax withholding and estimated tax.

Railroad Unemployment Insurance Act, Railroad sick pay.

Real estate, Personal Use of Dwelling Unit (Including Vacation Home), Dwelling Unit Used as a Home, Examples, How To Divide Expenses, Amount Deductible, Real property repossessed.

As noncapital assets, Real property used in your trade or business.

Basis, Real Property

Canceled business debt, treatment of, The debt is qualified real property business...

Casualty loss, Real property.

Closing costs, Settlement costs.

Definition of, Real Property

Division of real estate taxes, Division of real estate taxes between buyers and sellers.

Fair market value (FMV), Fair market value (FMV).

Form 1099-S to report sale proceeds, Form 1099-S., Form 1099-S transactions.

Holding period, determination of, Real property bought.

Itemized charges for services not deductible, Itemized charges for services.

Points, The term points is used to describe certain...

Progressive deterioration, not casualty loss, Loss of property due to progressive deterioration...

Real estate-related items not deductible, Real Estate-Related Items You Cannot Deduct

Rental, See: Rental income and expenses

Settlement fees, Settlement costs.

Transfer taxes, Transfer taxes (or stamp taxes).

See also: Vacation homes

See also: Mortgages

Real estate investment trusts (REITs):

Dividends from, Capital gain distributions (also called capital...

Undistributed capital gains, Undistributed long-term capital gains from...

Credit for tax on, Undistributed capital gains of mutual funds and REITs., Credit for Tax on Undistributed Capital Gain

Real estate taxes:

Alimony deduction for, when home owned as tenants in common, Taxes and insurance.

Assessments, See: Local assessments

Basis of property and, Real estate taxes (if you assume liability...

When not reimbursed by property seller, Real estate taxes.

Cooperative housing, See: Cooperative housing

Deduction of:

Schedule A, C, E, or F (Form 1040), Real estate and personal property taxes are...

deduction of, Real Estate Taxes

Refund, treatment of, Refund (or rebate).

Rebates, See: Refunds

Recapture:

Alimony, Recapture Rule

Reporting on Form 1040, Including the recapture in income.

Credits, Recapture of an education credit. (See chapter...

Filing requirements (Table 1-3), On Form 1040EZ, you can use only the tax...

New markets credit, filing requirements (Table 1-3), On Form 1040EZ, you can use only the tax...

Taxes, Recapture taxes. You may have to pay these...

Recharacterization:

IRA contributions, Recharacterizations

Recording fees:

Basis to include, Recording fees, and

Recordkeeping:

Gambling, Diary of winnings and losses.

General requirements, You must keep records to verify your deductions....

Sale of home, Recordkeeping. You should keep records to...

Savings bonds used for education, Recordkeeping. If you claim the interest...

Recordkeeping requirements, What Records Should I Keep?

Basic records, Basic Records

Business travel expenses, Recordkeeping, When you travel away from home on business,...

Copies of returns, Copies of tax returns.

Destroyed records, Destroyed records.

Documentary evidence, Documentary evidence.

Electronic records, Electronic records.

Electronic records of tips, Electronic tip record.

Gambling, Gambling winnings.

Incomplete records, What if I Have Incomplete Records?

Meal expenses:

Actual cost, Actual cost.

Standard meal allowance, Standard meal allowance.

Period of retention, How Long To Keep Records and Receipts, How Long to Keep Records

Proof of payments, Proof of Payment

Tip income, Report tips to your employer.

Travel expenses, Recordkeeping, When you travel away from home on business,...

Why keep records, Why Keep Records?

Work-related education expenses, Recordkeeping

Records of loss, It is important that you have records that...

Records to keep, Records To Keep

Recovery of amounts previously deducted, Recoveries

Itemized deductions, Itemized Deduction Recoveries

Mortgage interest refund, Mortgage interest refund.

Over multiple years, Recovery for 2 or more years.

Stolen property, adjustment of theft loss, Recovered stolen property.

Tax refunds, Federal income tax refund.

Red Cross:

Blood donations not deductible, Blood donations to the Red Cross or to blood...

Charitable contributions to, Most nonprofit charitable organizations such...

Redeemable ground rents:

Deduction as mortgage interest, Redeemable ground rents.

Redemption of bonds, Redemption or retirement of bonds.

State and local bonds, before maturity, Redeemed before maturity.

Redemption of stock, Redemption of stock.

Refinancing:

Fees for, not part of property basis, Fees for refinancing a mortgage.

Points, Refinancing.

Refund of expenses, See: name of benefit

Refundable credits, Refundable Credits

Refunds, Refund or balance due.

Mortgage interest, treatment of, Refunds of interest.

State tax, State tax refund.

Taxes, See: Tax refunds

Regulated investment companies:

Undistributed capital gains, credit for tax on, Credit for Tax on Undistributed Capital Gain

Rehabilitative program payments, Veterans' benefits.

Reimbursement, Reimbursements, A per diem allowance is a fixed amount of..., Per Diem and Car Allowances, Reporting your expenses with a per diem or car allowance., Reimbursements., Recoveries

Accountable plans, definition of, Accountable Plans

Allocation of, Allocating your reimbursement.

Casualty losses, Insurance and Other Reimbursements

Employee business expenses, Employee's reimbursed expenses., If you receive travel, transportation, or..., Expense allowances.

Gain from casualty or theft loss, Gain from reimbursement.

Health insurance, reimbursement in later year, Reimbursement in a later year.

Medical and dental expenses, How Do You Treat Reimbursements?

Excess reimbursement flowchart (Figure 21-A), However, do not report as income the amount...

Mileage, See: Standard mileage rates

Personal expenses, Reimbursement for personal expenses.

Received after deducting loss, Reimbursement Received After Deducting Loss

Returning excess for business expenses, Returning Excess Reimbursements, Expense allowances.

Tax year of inclusion for insurance reimbursement, Tax year of inclusion.

Theft losses, Insurance and Other Reimbursements

Travel advances, Travel advance.

Types of, Types of Reimbursements

Unclaimed, Reimbursements

Work-related education expenses, Reimbursements

See also: Disaster relief

Religious organizations, You cannot deduct your expenses in attending..., Ministers., Clergy, If you are a member of a religious organization..., A pension or retirement pay for a member...

Charitable contributions to, Charitable., The following list gives some examples of...

50% limit on deduction, Churches and conventions or associations...

Written statement not needed, You receive only membership benefits that...

See also: Retirement plans

Retirement of bonds, Retirement of debt instrument., Redemption or retirement of bonds.

Rollover of amount redeemed, Retirement bonds.

Retirement planning services, Retirement Planning Services

Retirement plans, Social Security and Equivalent Railroad Retirement Benefits, Rollovers, Retirement Plans, Pensions, and Annuities, Railroad retirement benefits.

457 plans, See: Section 457 deferred compensation plans

Clergy, A pension or retirement pay for a member...

Contributions:

Credit for, See: Retirement savings contribution credit

Taxation of, Retirement Plan Contributions

Cost computation, Cost (Investment in the Contract)

Decedent's unrecovered investment in, If you received a Form 1099-R, Distributions...

Definition of, A qualified employee plan,, A qualified employee plan,

Disability pensions, Sickness and Injury Benefits

Early distributions:

Exceptions to tax on, Exceptions to tax., Additional exceptions for qualified retirement plans.

Tax on, Special Additional Taxes, Tax on Early Distributions

Elective deferral limitation, Elective deferrals.

Employer plans:

Benefits from previous employer's plan, Benefits from a previous employer's plan.

Rollover to IRA, Employer's qualified pension, profit-sharing,..., Employer's qualified pension, profit-sharing,...

Situations in which no coverage, Situations in Which You Are Not Covered by an Employer Plan

Estimated tax, Withholding and estimated tax.

Excess accumulation, tax on, Special Additional Taxes, Excess accumulation (not receiving minimum..., Tax on Excess Accumulation, Required distributions.

See also: this heading: Required distributions

Foreign employment contributions, Foreign employment contributions.

Form 1099-R, Form 1099-R, Distributions From Pensions,...

General Rule for nonqualified and qualified plans for recipients over 75 years, Who must use the General Rule.

Inherited pensions, Inherited pension or IRA.

IRAs, See: Individual retirement arrangements (IRAs)

Joint return, Joint return.

Keogh plans, Distributions from a qualified plan are usually...

Loans from plan, Loans.

Lump-sum distributions, Lump-Sum Distributions

See also: Rollovers

Rounding off dollars, Rounding off dollars.

Royalties, Royalties

Rural mail carriers, Rural mail carriers.

S corporations, Indirect Deductions of Pass-Through Entities

Capital gains or losses from, Your share of long-term capital gains or...

Related party transactions, Two S corporations if the same persons own...

Shareholders, S Corporation Income

Investment interest, Partners, shareholders, and beneficiaries.

Safe deposit box, Safe Deposit Box Rent

Salaries, See: Wages and salaries

Sale of home, Exception for real estate professionals., The recapture tax is figured on Form 8828...., Sale of home., Selling Your Home

Abandonment, Abandonment.

Adjusted basis, Adjusted Basis, Adjusted Basis

Amount realized, Amount Realized

Basis, Determining Basis

Capital gains exclusion, Excluding the Gain

Division of real estate taxes, Division of real estate taxes between buyers and sellers.

Employer, payment by, Payment by employer.

Federal subsidy, recapture of, Recapturing (Paying Back) a Federal Mortgage Subsidy

Foreclosure or repossession, Foreclosure or repossession.

Form 1099-S, Form 1099-S.

Gain or loss, figuring of, Figuring Gain or Loss

Interest deduction for mortgage, Sale of home.

Interest paid to seller, reporting of, Deduct home mortgage interest that was not...

Jointly owned home, Jointly owned home.

Land, Land.

Main home, defined, Main Home

More than one home, More than one home.

Option to buy, Option to buy.

Period of ownership and use, Period of Ownership and Use

Points paid by seller, Points paid by the seller.

Postponed gain from, Postponed gain from sale of home.

Recordkeeping, Recordkeeping. You should keep records to...

Reporting of gain, Reporting the Sale

Seller-financed mortgage, Seller-financed mortgage.

Selling price, Selling Price

Settlement fees or closing costs, Settlement fees or closing costs.

Trading homes, Trading (exchanging) homes.

Transfer to spouse, Transfer to spouse., Home transferred from spouse.

Undeducted points, Home sold with undeducted points.

See also: Disaster relief

Straddles:

Interest from, If you borrow money to buy property you hold...

Strike benefits, Strike and lockout benefits.

Student loan interest deduction:

Loan repayment assistance, Interest you paid on a loan to the extent...

Student loans:

Cancellation of debt, Student loans.

Interest deduction, Student Loan Interest Deduction, You may be able to deduct interest you pay..., You do not claim any credits other than the..., Student loan interest deduction.

Academic period, Academic period.

Amount of deduction, How Much Can You Deduct

Claiming, Can You Claim the Deduction, For qualified student loans taken out before...

Double deduction not allowed, No Double Benefit Allowed

Eligible educational institution, Eligible educational institution.

Eligible student, Eligible student.

Features of (Table 19-1),

Married filing separately, Special Rules

Qualified student loan, Qualified Student Loan

Worksheet, How Do You Figure the Deduction

Interest, defined, Student Loan Interest Defined

Student claimed as exemption on tax return of another person, You are legally obligated to pay interest...

Students, Student living with you.

Credit, See: Education credits

Defined, Student defined.

Exemption from withholding, Students.

Foreign, Foreign students' place of residence.

Foreign students, Expenses Paid for Student Living With You

Loans, See: Student loans

Scholarships, See: Scholarships and fellowships

Tuition deduction, See: Tuition

Tuition programs, qualified, See: Qualified tuition programs

Work-related education, See: Work-related education

Substantial gainful activity, Substantial gainful activity.

Substitute forms, Substitute tax forms.

Sunday, deadline falling on, Saturday, Sunday, holiday rule.

Supplemental wages, Supplemental Wages

Supplies:

Regularly used or consumed in ordinary course of trade or business, Supplies of a type you regularly use or consume...

Support test:

Qualifying child, Support Test (To Be a Qualifying Child)

Qualifying relative, Support Test (To Be a Qualifying Relative)

Surveys:

Property basis to include, Survey fees.

Surviving spouse:

Annuity, Survivors and Beneficiaries

Filing status, Head of household or qualifying widow(er) with dependent child.

With dependent child, Qualifying Widow(er) With Dependent Child

Gross income filing requirements (Table 1-1), Filing Information

Life insurance proceeds paid to, Surviving spouse.

Rollovers by, Rollover by surviving spouse.

Single filing status, Widow(er).

Tax, See: Estate tax

Synagogues, See: Churches, temples, etc.

Tables and figures:

Tuition deduction (Table 19-2), Table 19-2. Tuition and Fees Deduction at...

Tax counsel fees, Tax Preparation Fees (Line 22)

Tax Counseling for the Elderly, Free Help With Your Return

Tax credits, See: Credits

Tax evasion, Willful failure to file a return, supply...

Tax figured by IRS, Tax Figured by IRS

Tax help, Customer service for taxpayers., Help from the IRS.,

Tax Counseling for the Elderly, Free Help With Your Return

Volunteer counseling (Volunteer Income Tax Assistance program), Free Help With Your Return, Volunteer tax counseling.

Tax preference items, The more common adjustments and tax preference...

Tax rates:

Married filing jointly (Schedule Y-1), If you and your spouse each have income,...

Married filing separately (Schedule Y-2), If you file as married filing separately,...

Single person filing (Schedule X), Your filing status may be single if you were...

Tax refunds:

Agreement with IRS extending assessment period, claim based on, Claim based on an agreement with the IRS...

Bad debts, Bad debt. (See Nonbusiness Bad Debts in chapter...

Business tax credit carrybacks, Carryback of certain business tax credits....

Cashing check, Cashing your refund check.

Check's expiration date, Cashing your refund check.

Claim for, If the refund is made within 45 days after..., Amended Returns and Claims for Refund, Processing claims for refund.

Limitations period, Time for filing a claim for refund.

Litigation, Taking your claim to court.

Direct deposit, If your refund for 2011 is large, you may...

Erroneous refunds, Interest on erroneous refund.

Federal income tax refunds, Federal income tax refund.

Financially disabled, Financially disabled.

Foreign tax paid or accrued, Foreign tax paid or accrued. (See Publication...

General rules, Refunds.

Inquiries, Refund inquiries.

Interest on, Interest on Refunds, Interest on refund., Interest on tax refunds.

Late filed returns, Refund on a late filed return.

Less than $1, Overpayment less than one dollar.

Limits, Limit on amount of refund.,

Exceptions, Exceptions for special types of refunds.

More or less than expected, Refund more or less than expected.

Net operating loss carryback, Net operating loss carryback. (See Publication...

Offset:

Against debts, You can have a refund check mailed to you,..., Offset against debts.

Against next year's tax, Refunds, Credit an overpayment on your 2011 return..., Credit an Overpayment

Past-due, Refund inquiries., Refund Information

Real estate taxes, treatment of, Refund (or rebate).

Reduced, Reduced refund.

State and local income tax refunds, Refund applied to taxes., Refund (or credit) of state or local income taxes.

State liability, effect on, Effect on state tax liability.

Withholding, You had federal income tax withheld or made...

Worthless securities, Worthless security. (See Worthless securities...

Claim for refund, Filing a claim for refund.

Tax return preparation:

Rental expenses, Legal and other professional fees.

Tax Returns:

Transcript of, If you just need information from your return,...

Tax returns, Accounting period.

Aliens, Aliens

Amended, Changing your mind., Amended Returns and Claims for Refund, Form 1040X., Filing Form 1040X.

See also: Disaster relief

Total support, Total Support

Tour guides:

Free tour for organizing tour, Free tour.

Trade Act of 1974:

Trade readjustment allowances under, Trade readjustment allowances under the Trade...

Trade associations:

Meetings and entertainment expenses, Trade association meetings.

Trade of property, Sale of Property

Definition of, What Is a Sale or Trade?

Form 8824 for reporting, How to report.

Like property and money transferred, Partially nontaxable exchanges., Like property and money transferred.

Like-kind exchanges, Like-Kind Exchanges, Like-kind exchanges.

Nontaxable exchanges, Nontaxable Exchanges, Nontaxable Trades

Holding period, determination of, Nontaxable trades.

Partially nontaxable exchange, Partially nontaxable exchanges., Partly nontaxable exchange.

Reporting of, How to report.

Taxable exchange, defined, Taxable Exchanges