2013 Individual Federal Income Tax Return Changes

Standard mileage rates. The 2013 rate for business use of your car is increased to 56½ cents a mile. The 2013 rate for use of your car to get medical care is increased to 24 cents a mile. The 2013 rate for use of your car to move is increased to 24 cents a mile.

Change in tax rates. The highest tax rate is 39.6%.

Net Investment Income Tax. Beginning in 2013, you may be subject to Net Investment Income Tax (NIIT). The NIIT is 3.8% of the smaller of (a) your net investment income or (b) the excess of your modified adjusted gross income over:

  • $125,000 if married filing separately,
  • $250,000 if married filing jointly or qualifying widow(er), or
  • $200,000 if any other filing status.

Tax rate on net capital gain and qualified dividends. The maximum tax rate of 15% on net capital gain and qualified dividends has increased to 20% for some taxpayers.

Medical and dental expenses. You can deduct only the part of your medical and dental expenses that is more than 10% of your adjusted gross income (7.5% if either you or your spouse is age 65 or older).

Personal exemption amount increased for certain taxpayers. Your personal exemption is increased to $3,900. But the amount is reduced if your adjusted gross income is more than:

  • $150,000 if married filing separately,
  • $250,000 if single,
  • $275,000 if head of household, or
  • $300,000 if any other filing status.

Limit on itemized deductions. You may not be able to deduct all of your itemized deductions if your adjusted gross income is more than:

  • $150,000 if married filing separately,
  • $250,000 if single,
  • $275,000 if head of household, or
  • $300,000 if any other filing status.

Same-sex marriages. If you have a same-sex spouse whom you legally married in a state (or foreign country) that recognizes same-sex marriage, you and your spouse generally must use the married filing jointly or married filing separately filing status on your 2013 return, even if you and your spouse now live in a state (or foreign country) that does not recognize same-sex marriage.

Health flexible spending arrangements (FSAs). You cannot have more than $2,500 in salary reduction contributions made to a health FSA for plan years beginning after 2012.

Expiring credits. The plug-in electric vehicle credit and the refundable part of the credit for prior year minimum tax have expired. You cannot claim either one on your 2013 return.

Pnzi-type investment schemes. There are new rules for how to claim a theft loss deduction on Form 4684 due to a Ponzi-type investment scheme.

Home office deduction simplified method. If you can take a home office deduction, you may be able to use a simplified method to figure it. See Publication 587.

Additional Medicare Tax. Beginning in 2013, a 0.9% Additional Medicare Tax applies to Medicare wages, railroad retirement (RRTA) compensation, and self-employment income that are more than:

  • $125,000 if married filing separately,
  • $250,000 if married filing jointly, or
  • $200,000 for any other filing status.

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Maryland Individual Income Tax Forms 2013

For tax year 2013, Maryland’s personal tax rates begin at 2% on the first $1000 of taxable income and increase up to a maximum of 5.75% on incomes exceeding $250,000 (or $300,000 for taxpayers filing jointly, heads of household, or qualifying widow(ers)). Nonresidents are subject to a special tax rate of 1.25%, in addition to the state income tax rate.

Maryland’s 23 counties and Baltimore City also levy a local income tax, which is collected on the resident state tax return as a convenience to local governments.

There are special tax benefits available to taxpayers 65 and older, military retirees, low income families and families paying for child care. The deadline for filing your Maryland income tax is April 15, 2014, if you are filing on a calendar year basis.

Resident Individuals Income Tax Forms
Number Title Description
502&502B Maryland Resident Income Tax Return with Form 502B Maryland long form for full- or part-year residents claiming dependents.
502 Maryland Resident Income Tax Return Maryland long form for full- or part-year residents.
502B Maryland Dependents Information Form to be used when claiming dependents.
502AC Maryland Subtraction for Contribution of Artwork Form and instructions for claiming subtraction for artwork created by qualifying persons and donated to a Maryland museum.
502AE Maryland Subtraction for Income Derived within an Arts and Entertainment District Form and instructions for claiming subtraction for income that a qualifying resident artist derives from selling an artistic work within an arts and entertainment district.
502CR Maryland Personal Income Tax Credits for Individuals and Instructions Form and instructions for individuals claiming personal income tax credits including:

  • Taxes paid to other states
  • Child and dependent care expenses
  • Long-term care insurance
  • Preservation and conservation easements
  • Neighborhood stabilization
  • IRC section 1341 repayment
  • Federal form 1041 Sch K-1 nonresident PTE tax
502D – 2013 Maryland Personal Declaration of Estimated Income Tax Form and instructions for filing and paying an estimated tax on income for tax year 2013 from which no tax is withheld, or wages from which not enough Maryland tax is withheld.
502D – 2014 Maryland Personal Declaration of Estimated Income Tax Form and instructions for filing and paying an estimated tax on income for tax year 2014 from which no tax is withheld, or wages from which not enough Maryland tax is withheld.
502E Maryland Application for Extension of Time to File Personal Income Tax Return Form and instructions for applying for a six-month income tax filing extension by April 15, 2014, (or the 15th day of the fourth month following the close of the tax year) and paying the full amount due with the application.
502INJ Injured Spouse Claim Form Form and instructions for a qualifying spouse to a file claim for a portion of a refund issued to the other spouse if any of the refund was applied to the following debts owed by the other spouse: past due state or federal taxes, past due child support or other state debt that has been referred to the Central Collection Unit.
502S Maryland Sustainable Communities Tax Credit 502S is used to calculate allowable tax credits for the rehabilitation of certified rehabilitation structures completed in the tax year which begins during the period of January 1, 2012 through December 31, 2012. Form 502S only applies to applications received by Maryland Historical Trust on or after June 1, 2010. For applications received by Maryland Historical Trust before June 1, 2010, use Form 502H.
502SU Maryland Subtractions from Income Other subtractions that you may qualify for will be reported on Form 502SU. Determine which subtractions apply to you and enter the amount for each on Form 502SU and attach to your Form 502.
502TP Computation of Tax Preference Income Modification Form and instructions for an individual or fiduciary of an estate or trust to use for reporting items of tax preference in excess of $10,000 ($20,000 for a joint return).
502UP Underpayment of Estimated Maryland Income Tax by Individuals Form and instructions for individuals who are liable for interest for untimely filing and/or underpayment of their estimated tax.
502V Use of Vehicle for Charitable Purposes Form and instructions for subtracting from the federal adjusted gross income certain unreimbursed automobile travel expenses incurred in connection with service as a volunteer for a nonprofit volunteer fire company or other qualified organization.
502X Maryland Amended Tax Form and Instructions Form and instructions to be used by resident individuals for amending any item of a Maryland return for tax year 2013.
503 Maryland Resident Income Tax Return (Short Form) Maryland short form for full year residents with incomes of less than $100,000.
588 Direct Deposit of Maryland Income Tax Refund to More Than One Account Use Form 588 if you want us to directly deposit your tax refund to either two or three of your accounts at a bank or other financial institution in the United States.
Nonresident Individuals Income Tax Forms
Number Title Description
505 Maryland Nonresident Income Tax Return Form for nonresidents to file if:

  • they are required to file a federal return based on the minimum filing requirements, and
  • they received income from sources in Maryland

Note: This form is not required for nonresidents who reside in the District of Columbia, Pennsylvania, Virginia or West Virginia and had only wages from Maryland.

505NR Nonresident Income Tax Computation Form for nonresidents to use to compute their Maryland taxable net income with subtractions for non-Maryland income, and attach to Form 505.
505SU Nonresident Subtractions Form to be used by nonresidents for any qualified Maryland subtractions.
505X Maryland Nonresident Amended Tax Return Form and instructions for nonresidents to use to complete a nonresident amended return for tax year 2013.

Note: Nonresidents who wish to amend a tax year prior to 2009 must complete Form 502X for the year to be amended.

515 Maryland Tax Return – Nonresident Local Tax Form and instructions for nonresidents employed in Maryland who reside in jurisdictions that impose a local income or earnings tax on Maryland residents.
Instruction Booklets
Booklet Title Description
Resident Maryland State and Local Tax Forms and Instructions Instructions for filing personal state and local income taxes for full- or part-year Maryland residents.
Resident Itemized Deduction Worksheet Maryland State and Local Resident Itemized Deduction Worksheet Worksheet for all resident taxpayers who itemize deductions and who had federal Adjusted Gross Income of $178,150 or more ($89,075 if Married Filing Separately). This worksheet is needed to address limitations affecting itemized deductions.
Nonresident Maryland Tax Forms for Nonresidents Instructions for filing personal income tax returns for nonresident individuals.
Nonresident Itemized Deduction Worksheet Maryland Nonresident Itemized Deduction Worksheet Worksheet for all nonresident taxpayers who itemize deductions and who had federal Adjusted Gross Income of $178,150 or more ($89,075 if Married Filing Separately). This worksheet is needed to address limitations affecting itemized deductions.

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Filing Information for Individual Income Tax

Electronic Filing (iFile)
Paper Filing
Income Tax Forms 
Power of Attorney

EITC

All Workers Claiming the EITC Must:

  • Have a valid Social Security number,
  • Not file as “married filing separate,”
  • Not file Form 2555 or Form 2555-EZ (related to Foreign Earned Income),
  • Meet the investment income limitation ($3,200 or less for tax year 2012),
  • Have earned income,
  • Not be the qualifying child of another person,
  • Generally, be a U.S. citizen or resident alien for the entire year.

 

To Claim EITC With a Qualifying Child, the Child Must Pass All of the Following Tests:

  • Relationship
    • A son or daughter (including an adopted child or child placed for adoption)
    • Stepchild
    • Foster child placed by an authorized placement agency or court
    • Brother, sister,  half brother, half sister, stepbrother, stepsister or a descendant of any of them
  • Age, at the end of the filing year, the child was:
    • Younger than the worker (or the worker’s spouse if married filing jointly) and 
      • younger than 19,
      • or, younger than 24 and a full-time student
    • Any age if permanently and totally disabled
  • Residency
    • Child must live with the worker, or the worker’s spouse if filing a joint return, in the United States* for more than half of the year.
  • Joint Return
    • The child can not have filed a joint return, unless the child and the child’s spouse did not have a filing requirement and filed only to claim a refund.

Note: For EITC, the qualifying child does not need to meet the support test under the Uniform Definition of a Child. See Understanding Who is a Qualifying Child.

 

Warning: Only one person can claim the same qualifying child for EITC and other tax benefits.  If more than one person claims the same child, IRS applies the tiebreaker rules. Read more about the tiebreaker rules here.

 

To Claim EITC Without a Qualifying Child, You, and Your Spouse if you File a Joint Return:

  • Must have lived in the United States for more than half of the tax year,
  • Either you (or your spouse if filing a joint return) must be at least age 25 but less than age 65
  • Cannot qualify as the dependent of another person.

 

*Special rules apply for members of the Military on extended duty outside the United States.  See the Military section on the Special Rules for EITC page on irs.gov  for more information.

Tie Breaker Rules

Only one person can use the same qualifying child. If a child is the qualifying child of more than one person, only one person can claim the child as a qualifying child for all of the following tax benefits:

  • EITC
  • Dependency Exemption for the Child,
  • Child tax credit,
  • Head of household filing status,
  • Credit for child and dependent care expenses, and
  • Exclusion for dependent care benefits.

 

The other person(s) cannot take any of the six tax benefits listed above unless he or she has a different qualifying child.* If they cannot agree on who claims the child as a qualifying child, and more than one person claims tax benefits using the same child, the tiebreaker rule explained below applies.  If the other person is a spouse and they file a joint return, this rules does not apply.

Under the Tiebreaker Rule, the Child is Treated as a Qualifying Child Only By:

  •  The parents, if they file a joint return;.
  • The parent, if only one of the persons is the child’s  parent;
  • The parent with whom the child lived the longest during the tax year, if two of the persons are the child’s parent and they do not file a joint return together;
  • The parent with the highest adjusted gross income (AGI) if the child lived with each parent for the same amount of time during the tax years, and they do not file a joint return together;
  • The person with the highest AGI, if no parent can claim the child as a qualifying child; or
  • A person with the higher AGI than any parent who can claim the child as a qualifying child but does not.

Source

Georgia 2013 Individual Tax Return Forms and Instructions

 

2013 Individual Income Tax Forms 
Form IT- 511 Individual Income Tax Instruction Booklet IT- 511
Form 500 Individual Income Tax Return and IND-CR Individual Credit Form (Fill in on-line, print and mail) (rev. 7/13) 500
Form 500-EZ Short Individual Income Tax Return (Fill in on-line, print and mail) (rev. 7/13) 500-EZ
Form IND-CR Individual Income Tax Credit (rev. 7/13) IND-CR
Form IT-560 Individual / Fiduciary Extension Payment (Fill in on-line, print and mail) (rev. 7/13) IT-560
2013 Form 500-ES Estimated Tax for Individuals and Fiduciaries (Fill in on-line, print and mail) (rev. 9/12) 500-ES – 2013
2014 Form 500-ES Estimated Tax for Individuals and Fiduciaries (Fill in on-line, print and mail) (rev. 7/13) 500-ES – 2014
Form 525-TV Form 525-TV Payment Voucher (Fill in on-line, print and mail) (rev. 7/13) 525-TV
Form 500-NOL Application for Net Operating Loss Adjustment (other than corporations) (rev. 7/13) 500-NOL
Form 500X Amended Individual Income Tax Return (rev. 7/13) 500X
Form 2106 Employee Business Expenses (rev. 7/13) 2106
Form 4562 Depreciation and Amortization (rev. 7/13) 4562
Form 500-UET Underpayment of Estimated Tax by Individuals/ Fiduciary (rev. 10/12) 500-UET
Form GA-8453 Individual Income Tax Declaration for Electronic Filing or 2D Barcode Direct Deposit (rev. 8/13) GA-8453
Form IT-550 Claim for Refund of Georgia Income Tax Erroneously or Illegally Collected (rev. 8/13) IT-550
Form IT-303 Application for Extension of Time for Filing State Income Tax Returns (rev. 12/12) IT-303
Form GA-5347 Statement of Person Claiming Refund on Behalf of a Deceased Taxpayer (rev. 1/13) GA-5347
Form GA-9465 Installment Agreement Request Form (rev. 6/12) GA-9465
Replacement Check Request (rev. 5/12) Form IA-81
Full-year Residents
Full-year residents are taxed on all income, except tax exempt
income, regardless of the source or where derived. You are
required to file a Georgia income tax return if:
You are required to file a Federal income tax return;
You have income subject to Georgia income tax that is
not subject to Federal income tax;
Your income exceeds the standard deduction and
personal exemptions as indicated below:
Single, Head of Household or Qualifying Widow(er)
1. Under 65, not blind $5,000
2. Under 65, and blind 6,300
3. 65 or over, not blind 6,300
4. 65 or over, and blind 7,600
B. Married filing Joint
1. Both under 65, not blind $ 10,400
2. One 65 or over, not blind 11,700
3. Both under 65, both blind 13,000
4. Both under 65, one blind 11,700
5. Both 65 or over, not blind13,000
6. One 65 or over, and blind 13,000
7. One 65 or over, and both blind 14,300
8. Both 65 or over, and blind 15,600
C. Married filing Separate
1. Under 65, not blind $ 5,200
2. Under 65, and blind 6,500
3. 65 or over, not blind 6,500
4. 65 or over, and blind 7,800
These requirements apply as long as your legal residence is
Georgia, even if you are absent from or live outside the State temporarily. A credit for taxes paid to another state is allowe

2013 Federal Individual Tax Return Forms, Instructions and News

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Form 1040, U.S. Individual Income Tax Return

Annual income tax return filed by citizens or residents of the United States.

Instructions for Form 1040

Forms and Schedules for Form 1040

2013 news
Change in tax rates.
The highest tax rate for 2013 is 39.6%.
Tax rate on net capital gain and quali­fied dividends.
The maximum tax rate
of 15% on net capital gain and qualified
dividends has increased to 20% for some
taxpayers. The Qualified Dividends and
Capital Gain Tax Worksheet in the
line 44 instructions reflects this new,
higher rate.
Additional Medicare Tax.
Beginningin 2013, a 0.9% Additional Medicare
Tax applies to Medicare wages, railroad
retirement (RRTA) compensation, and
self-employment income that are more
than:
$125,000 if married filing separately,
$250,000 if married filing jointly,
or
$200,000 if single, head of household, or qualifying widow(er).

 

Net Investment Income Tax.
Beginning in 2013, you may be subject to Net
Investment Income Tax (NIIT). The
NIIT is 3.8% of the smaller of (a) your
net investment income or (b) the excess
of your modified adjusted gross income
over:
$125,000 if married filing separately,
$250,000 if married filing jointly or qualifying widow(er), or
$200,000 if single or head ofhousehold.

 

Filing status for same­sex marriedcouples.
If you have a same-sex spouse
whom you legally married in a state (or
foreign country) that recognizes
same-sex marriage, you and your spouse
generally must use the married filing
jointly or married filing separately filing
status on your 2013 return, even if you
and your spouse now live in a state (or
foreign country) that does not recognize
same-sex marriage.
Medical and dental expenses.
You candeduct only the part of your medical and
dental expenses that is more than 10%
of your adjusted gross income (7.5% if
either you or your spouse was born be-
fore January 2, 1949).
Personal exemption amount increased
for certain taxpayers.
Your personalexemption is increased to $3,900. But
the amount is reduced if your adjusted
gross income is more than:
$150,000 if married filing separately,
$250,000 if single,
$275,000 if head of household, or
$300,000 if married filing jointly
or qualifying widow(er).
Limit on itemized deductions.
Youmay not be able to deduct all of your
itemized deductions if your adjusted
gross income is more than:
$150,000 if married filing separately,
$250,000 if single,
$275,000 if head of household, or
$300,000 if married filing jointly
or qualifying widow(er).

 

Credit for prior year minimum tax.
The credit for prior year minimum tax is
no longer partly refundable.
Standard mileage rates.
The 2013 ratefor business use of your vehicle is in-
creased to 56 cents a mile. The 2013rate for use of your vehicle to get medical care or to move is increased to 24cents a mile.
Identity Protection Personal Identifi­
cation Number (IP PIN).
If you are filing electronically and both you and

your spouse received an IP PIN.

Updated IRS Smartphone App IRS2Go Version 4.0

IRS2Go on iTunes

IRS2Go on Google play

The redesigned IRS2Go provides new features for taxpayers to access the latest information to help them in the preparation of their tax returns. In this version, IRS2Go highlights the addition of an innovative new refund status tracker, providing taxpayers an easy-to-use feature to follow their tax return throughout the process.

The newest version of the free mobile app offers a number of safe and secure ways for taxpayers to access other popular tools and the most up-to-date tax information, including:

  • Refund Status. Taxpayers can check the status of their federal tax refund through IRS2Go. People simply enter their Social Security number, which will be masked and encrypted for security purposes, then select their filing status and enter the amount of their anticipated refund for their 2013 tax return. A new refund status tracker has been added so that taxpayers can follow their tax return throughout the process. Users can check their refund status 24 hours after the IRS acknowledges receipt of an e-filed retus the tool is updated just once a day, usually overnight, so there is no reason to check more than once a day.
  • Free Tax Prep Providers. The IRS Volunteer Income Tax Assistance (VITA) and the Tax Counseling for the Elderly (TCE) Programs offer free tax help for taxpayers who qualify. This brand new tool on IRS2Go will help taxpayers find the nearest VITA site to their home by simply entering their zip code and selecting a mileage range. By clicking on the directions button within the results, the maps application on the device will load with the address, making it easy to navigate to your desired location.
  • Tax Records. Taxpayers can request their tax account or tax return transcript from IRS2Go. The transcript will be delivered via the U.S. Postal Service to their address of record.
  • Stay Connected. Taxpayers can interact with the IRS by following the IRS on Twitter, @IRSnews or @IRSenEspanol, watching helpful videos on YouTube, signing up for email updates or by using the Contact Us feature.

Roth Conversions on 2012 Returns

Normally, Roth conversions are taxable in the year the conversion occurs. For example, the taxable amount from a 2012 conversion must be included in full on a 2012 return. But under a special rule that applied only to 2010 conversions, taxpayers generally include half the taxable amount in their income for 2011 and half for 2012, unless they chose to include all of it in income on their 2010 return.

Roth conversions in 2010 from traditional IRAs are shown on 2012 Form 1040, Line 15b, or Form 1040A, Line 11b. Conversions from workplace retirement plans, including in-plan rollovers to designated Roth accounts, are reported on Form 1040, Line 16b, or Form 1040A, Line 12b.

Taxpayers who also received Roth distributions in either 2010 or 2011 may be able to report a smaller taxable amount for 2012. For details, see the discussion under 2012 Reporting of 2010 Roth Rollovers and Conversions on IRS.gov. In addition, worksheets and examples can be found in Publication 590 for Roth IRA conversions and Publication 575 for conversions to designated Roth accounts.

Taxpayers who made Roth conversions in 2012 or are planning to do so in 2013 or later years must file Form 8606 to report the conversion.

As in 2010 and 2011, income limits no longer apply to Roth IRA conversions.

Source

2012 New York State Individual Tax Return Forms

You must file a New York State income tax return if you’re a New York State resident and are required to file a federal return. You may also have to file a New York State return if you’re a nonresident of New York and you have income from New York State sources.

 

New York State residents – Form IT-201, Resident Income Tax Return

Instructions for Form IT-201

If

  • You have to file a federal return.
  • You didn’t have to file a federal return but your federal adjusted gross income1 plus New York additions2 was more than $4,000 ($3,000 if you are single1 and can be claimed as a dependent on another taxpayer’s federal return).
  • You want to claim a refund of any New York State, New York City, or Yonkers income taxes withheld from your pay.

You may have additional filing responsibilities if you’re a New York City or Yonkers resident or part-year resident or you have Yonkers income.

New York State nonresidents – Form IT-203, Nonresident and Part-Year Resident Income Tax Return

Instructions for Form IT-203

If

  • You’re a nonresident with New York source income and your New York adjusted gross income federal amount column (Form IT-203, line 31) exceeds your New York standard deduction.
  • You want to claim a refund of any New York State, New York City, or Yonkers income taxes withheld from your pay.
  • You want to claim any of the refundable or carryover credits available.
  • You’re subject to the New York State minimum income tax on tax preference items derived from or connected with New York sources.
  • You had a net operating loss for New York State personal income tax purposes for the tax year, without having a similar net operating loss for federal income tax purposes.

You may have additional filing responsibilities if you have Yonkers income.

New York State part-year residents – Form IT-203, Nonresident and Part-Year Resident Income Tax Return

Instructions for Form IT-203

If

  • You’re a part-year resident with any income during your resident period or you had New York source income during your nonresident period.
  • You want to claim a refund of any New York State, New York City, or Yonkers income taxes withheld from your pay.
  • You want to claim any of the refundable or carryover credits available.
  • You’re subject to the New York State minimum income tax on tax preference items derived from or connected with New York sources.
  • You’re a part-year resident and you are subject to a separate tax on any lump-sum distributions  for your resident period derived from or connected with New York sources.
  • You had a net operating loss for New York State personal income tax purposes for the tax year, without having a similar net operating loss for federal income tax purposes.

You may have additional filing responsibilities if you’re a New York City or Yonkers part-year resident or you have Yonkers income.

 

General changes for 2012

• New York State tax rates reduced

Certain rates within the New York State tax rate schedules
have been reduced, and the tax computation worksheets for
taxpayers with New York adjusted gross income of more than
$100,000 are now based on filing status.

• Forms IT-2, IT-1099-R, and IT-1099-UI eliminated

Taxpayers no longer file New York Forms IT-2, Summary
of W-2 Statements, IT-1099-R, Summary of Federal
Form 1099-R Statements, and IT-1099-UI, Summary of
Unemployment Compensation Payments. Instead, they must
include the state copy of certain federal forms with their New
York State returns.

• Whole dollar amounts required on income tax forms
For tax years 2012 and after, taxpayers may enter only whole
dollar amounts on income tax forms.

• Foreign account information required on Form IT-201
Taxpayers must now acknowledge if they have a financial
account located in a foreign country.

• Dependent exemption information must be entered on
Form IT-201
Taxpayers must now enter information for each dependent for
whom they claimed a dependent exemption on Form IT-201.

• Itemized deduction schedule now a separate form
The itemized deduction schedule has been moved from
Form IT-201 to new Form IT-201-D, Resident Itemized
Deduction Schedule. See the instructions for Form IT-201-D

• Penalty and interest line added to Form IT-201
Taxpayers may now enter and pay any penalty and interest
they owe directly on Form IT-201.

• Additional account information required on Form IT-201
For direct deposit or electronic funds withdrawal, taxpayers
must now designate whether the checking or savings account
is a personal or business account and enter the amount of the
electronic funds withdrawal (if applicable).

• STAR eligibility suspended for certain taxpayers with
past-due state tax liabilities
This program provides that taxpayers whose total past-due
state and local tax liabilities are $4,500 or more, and who own
real property, may have their STAR exemptions suspended.

• Metropolitan commuter transportation mobility tax
(MCTMT) threshold increased
The threshold for imposing the MCTMT on individuals with net
earnings from self-employment has increased from $10,000 to
$50,000 for tax years beginning on or after January 1, 2012.
See Form MTA-6, Metropolitan Commuter Transportation
Mobility Tax Return, and its instructions.

New credits

• Beer production credit
A new credit is available to registered beer distributors that
produce 60,000,000 or fewer gallons of beer in New York
State in the tax year. See Form IT-636, Beer Production
Credit, and its instructions.

• Empire State Jobs Retention Program
This program provides tax incentives to businesses that are
at risk of leaving the state due to the impact on business
operations of an event (such as a natural disaster) leading to
an emergency declaration by the governor. See Form IT-634,
Empire State Jobs Retention Program Credit, and its
instructions.

• New York Youth Works Tax Credit Program
This program provides tax incentives to qualified businesses
employing at-risk youths in full-time and part-time positions in
2012 and 2013. See Form IT-635, New York Youth Works Tax
Credit, and its instructions.

Changes to existing credits
• Empire State commercial production credit
This credit has been extended through tax years beginning
before January 1, 2015. See Form IT-246, Claim for Empire
State Commercial Production Credit, and its instructions.

• Empire State film post-production credit
Visit the Governor’s Office for Motion Picture and Television
Development Web site at www.nylovesfilm.com for information
concerning the amendments made to this credit.

• Biofuel production credit
This credit has been extended through tax years beginning
before January 1, 2020. See Form IT-243, Claim for Biofuel
Production Credit, and its instructions.

• Noncustodial parent earned income credit
This credit has been extended through tax years beginning
before January 1, 2015. See Form IT-209, Claim for
Noncustodial Parent New York State Earned Income Credit,
and its instructions.

• Clean heating fuel credit
This credit has been extended through tax years beginning
before January 1, 2017. See Form IT-241, Claim for Clean
Heating Fuel Credit, and its instructions.

• Solar energy system equipment credit
This credit has been expanded to include leased property.
See Form IT-255, Claim for Solar Energy System Equipment
Credit, and its instructions.

• Brownfield credits
The eligibility timeframe for the brownfield tax credits has
been extended from March 31, 2015, to December 31, 2015.
See Forms IT-611, Claim for Brownfield Redevelopment Tax
Credit, IT-612, Claim for Remediated Brownfield Credit for
Real Property Taxes, and IT-613, Claim for Environmental
Remediation Insurance Credit, and their instructions.

 

2012 California 540 & 540A Tax Forms – Personal Income Tax

Income Tax Forms

540 2EZ Form (Math) 2012 California Resident Income Tax Return (Fill-in with math features & save)
540 2EZ Form 2012 California Resident Income Tax Return
540 Form 2012 California Resident Income Tax Return (Fill-in & Save)
540A Form 2012 California Resident Income Tax Return (Fill-in & Save)
540ES Form 2012 Estimated Tax for Individuals (Fill-in)
540NR Form (Long) 2012 California Nonresident or Part-Year Resident Income Tax Return (Long) (Fill-in & Save)
540NR Form (Short) 2012 California Nonresident or Part-Year Resident Income Tax Return (Short) (Fill-in & Save)
540X Form 2012 Amended Individual Income Tax Return (Fill-in)

More forms

2012 California Tax Calulator

This calculator does not figure tax for the Form 540 2EZ.

2012 Tax Rates and Exemptions

E-file options

2012  Income Tax News

Tax Rate Increase – For taxable years beginning on or after January 1, 2012, the
maximum personal income tax rate increased to 12.3%.

Qualified Small Business Stock – The California Court of Appeals has determined
that provisions of R&TC Sections 18038.5 and 18152.5 are unconstitutional
and therefore are invalid and unenforceable. See Schedule CA (540), line 13
instructions for more information if you reported a federal qualified small
business stock (QSBS) deferral or exclusion on your federal Form 1040.

Donated Fresh Fruits or Vegetables Credit – For taxable years beginning on
or after January 1, 2012, and before January 1, 2017, qualified taxpayers who
donate fresh fruits or fresh vegetables to a California food bank may receive
a credit equal to 10% of the donation’s costs. For more information get form
FTB 3811, Donated Fresh Fruits or Vegetables Credit or go to ftb.ca.gov and
search for credit for fresh fruits.

Voluntary Contributions – You may contribute to the following new funds:
• California YMCA Youth and Government Fund
• California Youth Leadership Fund
• School Supplies for Homeless Children Fund
• State Parks Protection Fund/Parks Pass Purchase

Community Development Financial Institutions Investment Credit – The
Community Development Financial Institutions Investment Credit has been
extended for taxable years beginning on or after January 1, 2012, and before
January 1, 2017.

Net Operating Loss – For taxable years beginning on or after January 1, 2012,
California has reinstated the NOL carryover deductions.
For taxable years beginning in 2010 and 2011, California suspended the net
operating loss (NOL) carryover deduction. Taxpayers continued to compute and
carryover NOLs during the suspension period. However, taxpayers with modified
adjusted gross income of less than $300,000 or with disaster loss carryovers
were not affected by the NOL suspension rules.
Also, California modified the NOL carryback provision. For more information, see
form FTB 3805V, Net Operating Loss (NOL) Computation and NOL and Disaster
Loss Limitations — Individuals, Estates, and Trusts.

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When To File Form 4868 for 2011 Federal Tax Return – Due Dates, Penalties and Interests

File Form 4868 by April 17, 2012. Fiscal year taxpayers, file Form
4868 by the regular due date of the return.

Taxpayers who are out of the country. If, on the regular due date
of your return, you are out of the country and a U.S. citizen or
resident, you are allowed 2 extra months to file your return and pay
any amount due without requesting an extension. For a calendar
year return, this is June 15, 2012. File this form and be sure to
check the box on line 8 if you need an additional 4 months to file
your return.
If you are out of the country and a U.S. citizen or resident, you
may qualify for special tax treatment if you meet the foreign
residence or physical presence tests. If you do not expect to meet
either of those tests by the due date of your return, request an
extension to a date after you expect to qualify using Form 2350,
Application for Extension of Time To File U.S. Income Tax Return.

You are out of the country if:
• You live outside the United States and Puerto Rico and your main
place of work is outside the United States and Puerto Rico, or
• You are in military or naval service outside the United States and
Puerto Rico.
If you qualify as being out of the country, you will still be eligible
for the extension even if you are physically present in the United
States or Puerto Rico on the regular due date of the return.
For more information on extensions for taxpayers out of the
country, see Pub. 54, Tax Guide for U.S. Citizens and Resident
Aliens Abroad.

Form 1040NR or 1040NR-EZ filers. If you cannot file your return by
the due date, you should file Form 4868. You must file Form 4868
by the regular due date of the return.
If you did not receive wages as an employee subject to U.S.
income tax withholding, and your return is due June 15, 2012,
check the box on line 9.

Total Time Allowed
Generally, we cannot extend the due date of your return for more
than 6 months (October 15, 2012, for most calendar year
taxpayers). However, there may be an exception if you are living
out of the country. See Pub. 54 for more information.

Filing Your Tax Return
You can file your tax return any time before the extension expires.
Do not attach a copy of Form 4868 to your return.
Interest
You will owe interest on any tax not paid by the regular due date of
your return, even if you qualify for the 2-month extension because

you were out of the country. The interest runs until you pay the tax.
Even if you had a good reason for not paying on time, you will still
owe interest.

Late Payment Penalty
The late payment penalty is usually ½ of 1% of any tax (other than
estimated tax) not paid by April 17, 2012. It is charged for each
month or part of a month the tax is unpaid. The maximum penalty
is 25%.
The late payment penalty will not be charged if you can show
reasonable cause for not paying on time. Attach a statement to
your return fully explaining the reason. Do not attach the statement
to Form 4868.
You are considered to have reasonable cause for the period
covered by this automatic extension if at least 90% of your actual
2011 tax liability is paid before the regular due date of your return
through withholding, estimated tax payments, or payments made
with Form 4868.

Late Filing Penalty
A late filing penalty is usually charged if your return is filed after the
due date (including extensions). The penalty is usually 5% of the
amount due for each month or part of a month your return is late.
The maximum penalty is 25%. If your return is more than 60 days
late, the minimum penalty is $135 or the balance of the tax due on
your return, whichever is smaller. You might not owe the penalty if
you have a reasonable explanation for filing late. Attach a
statement to your return fully explaining the reason. Do not attach
the statement to Form 4868.

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