Estamos conscientes de que algunos contribuyentes que presentaron electrónicamente y recibieron un acuse de recibo del IRS están preocupados cuando visitan el sitio "Dónde Está Mi Reembolso" y se les dice que no tenemos información sobre su declaración. Esta es una situación temporal, y esperamos resolver este asunto en unos días. Entonces, los contribuyentes podrán obtener una fecha estimada sobre el reembolso cuando visitan "Dónde Está mi Reembolso".
Si un contribuyente recibe un mensaje de confirmación que su declaración electrónica fue recibida, pueden estar seguros que el IRS tiene la declaración de impuestos aunque el sitio "Dónde Está Mi Reembolso" no lo manifiesta. Los contribuyentes no deben llamar al IRS a menos que específicamente se les aleccione por "Dónde Está Mi Reembolso" ya que no tenemos nueva información para proporcionarles.
Esperamos que la mayoría de los reembolsos de impuestos continúen siendo emitidos dentro de los parámetros históricos de 10 a 21 días. El IRS está tomando medidas para actualizar la información de manera que Donde Está Mi Reembolso tenga información actualizada. El IRS pide disculpas por las molestias causadas y proveerá información actualizada tan pronto sea posible.
Nuestro nuevo horario de asistencia telefónica es de 7am a 7pm, hora local. Favor de ignorar el mensaje anterior indicando que el horario de asistencia es de 7am a 10pm. Muy pronto nuestros sistemas estarán actualizados con la nueva información. Gracias.
IRS Offers Four Tips on Unemployment Benefits
Unemployment can be stressful enough without having to figure out the tax treatment of the unemployment benefits you receive.
Unemployment compensation generally includes, among other forms, state unemployment compensation benefits, but the tax implications depend on the type of program paying the benefits. You must report unemployment compensation on line 19 of Form 1040, line 13 of Form 1040A, or line 3 of Form 1040EZ.
Here are four tips from the IRS about unemployment benefits.
1. You must include all unemployment compensation you receive in your total income for the year. You should receive a Form 1099-G, with the total unemployment compensation paid to you shown in box 1.
2. Other types of unemployment benefits include:
3. You must report benefits paid to you as an unemployed member of a union from regular union dues. However, if you contribute to a special union fund and your payments to the fund are not deductible, you only need to include in your income the unemployment benefits that exceed the amount of your contributions.
4. You can choose to have federal income tax withheld from your unemployment compensation. To make this choice, complete Form W-4V, Voluntary Withholding Request, and give it to the paying office. Tax will be withheld at 10 percent of your payment. If you choose not to have tax withheld, you may have to make estimated tax payments throughout the year.
For more information on unemployment compensation see IRS Publications 17 and 525. Forms and publications can be downloaded from the IRS Website at www.irs.gov or can be ordered by calling 1-800-829-3676.
Eight Things to Know about Medical and Dental Expenses and Your Taxes
If you, your spouse or dependents had significant medical or dental costs in 2011, you may be able to deduct those expenses when you file your tax return. Here are eight things the IRS wants you to know about medical and dental expenses and other benefits.
1. You must itemize You deduct qualifying medical and dental expenses if you itemize on Form 1040, Schedule A.
2. Deduction is limited You can deduct total medical care expenses that exceed 7.5 percent of your adjusted gross income for the year. You figure this on Form 1040, Schedule A.
3. Expenses must have been paid in 2011 You can include the medical and dental expenses you paid during the year, regardless of when the services were provided. You’ll need to have good receipts or records to substantiate your expenses.
4. You can’t deduct reimbursed expenses Your total medical expenses for the year must be reduced by any reimbursement. Normally, it makes no difference if you receive the reimbursement or if it is paid directly to the doctor or hospital.
5. Whose expenses qualify You may include qualified medical expenses you pay for yourself, your spouse and your dependents. Some exceptions and special rules apply to divorced or separated parents, taxpayers with a multiple support agreement or those with a qualifying relative who is not your child.
6. Types of expenses that qualify You can deduct expenses primarily paid for the diagnosis, cure, mitigation, treatment or prevention of disease, or treatment affecting any structure or function of the body. For drugs, you can only deduct prescription medication and insulin. You can also include premiums for medical, dental and some long-term care insurance in your expenses. Starting in 2011, you can also include lactation supplies.
7. Transportation costs may qualify You may deduct transportation costs primarily for and essential to medical care that qualify as medical expenses. You can deduct the actual fare for a taxi, bus, train, plane or ambulance as well as tolls and parking fees. If you use your car for medical transportation, you can deduct actual out-of-pocket expenses such as gas and oil, or you can deduct the standard mileage rate for medical expenses, which is 19 cents per mile for 2011.
8. Tax-favored saving for medical expenses Distributions from Health Savings Accounts and withdrawals from Flexible Spending Arrangements may be tax free if used to pay qualified medical expenses including prescription medication and insulin.
Taxable or Non-Taxable Income?
Although most income you receive is taxable and must be reported on your federal income tax return, there are some instances when income may not be taxable.
The IRS offers the following list of items that do not have to be included as taxable income:
These examples are not all-inclusive. For more information, see Publication 525, Taxable and Nontaxable Income, which can be obtained at the IRS.gov website or by calling the IRS at 800-TAX-FORM (800-829-3676)
Subject: LegacyForm 1040 (1040 e-File) – Error Reject Codes 0610, 0611, 0612
ATTN: Software Developers, Return Transmitters and Authorized IRS e-file Providers/EROs
Please be advised that a programming correction to Error Reject Codes 0610, 0611 and 0612 was implemented nationwide on January 31, 2012 for the 2:00 a.m. (Local Submission Processing Time) drain. We apologize for any inconvenience this may have caused.