What is the 2014 Form 1040A?
2014 Form 1040A—Lines 38 Through 41 Certain types of coverage you buy directly from an insur- ance company. See the instructions for Form 8965 for more information on what qualifies as minimum essential coverage. Premium tax credit.
What is line 27 on the 2014 tax table?
2014 Tax Table — Continued If line 27 (taxable income) is— And you are— At least But less than Single Married filing jointly * Married filing sepa- rately Head of a house- hold Your tax is— 57,000
How do I Enter PRI on Form 1040A?
Enter any amount included on Form 1040A, line 7, that you received for work performed while an inmate in a penal institution. (Enter “PRI” and the same amount on the dotted line next to Form 1040A, line 7……….. 3. 4.
What is the taxable income line on Form 1040A?
Their taxable income on Form 1040A, line 27, is $25,300. First, they find the $25,300-25,350 taxable income line. Next, they find the column for married filing jointly and read down the column. The amount shown where the taxable income line and filing status column meet is $2,891.
What is the 2014 tax table example?
2014 Tax Table Example. Mr. and Mrs. Reynolds are filing a joint return. Their taxable income on Form 1040A, line 27, is $25,300. First, they find the $25,300-25,350 taxable income line. Next, they find the column for married filing jointly and read down the column.
What is a de-pendent on a 2014 tax return?
You, or your spouse if filing jointly, are claimed as a de- pendent on someone else’s (such as your parent’s) 2014 tax re- turn. Your filing status is married filing separately.
What is the additional child tax credit on Form 1040A?
2014 Form 1040A—Lines 43 Through 48a Line 43 Additional Child Tax Credit What Is the Additional Child Tax Credit? This credit is for certain people who have at least one qualify- ing child for the child tax credit (as defined in Steps 1, 2, and 3 of the instructions for line 6c).
Can I use my AGI from Form 1040X?
Do not use your AGI from an amended return (Form 1040X) or a math error correc- tion made by IRS. AGI is the amount shown on your 2013 Form 1040, line 38; Form 1040A, line 22; or Form 1040EZ, line 4.
Where can I find the latest information about Form 1040A?
For the latest information about developments related to Form 1040A and its instructions, such as legislation enacted after they were published, go to www.irs.gov/form1040a. See Whats New in these instructions. is the fast, safe, and free way to prepare and e-le your taxes. See www.irs.gov/freele. 2014 Tax Changes
Where do I enter my EIC on 1040A?
To have the IRS figure your EIC: 1. Enter “EIC” to the left of the entry space for Form 1040A, line 42a. 2. Be sure you enter the nontaxable combat pay you elect to include in earned income on Form 1040A, line 42b. See Com- bat Pay, nontaxable, earlier.
How do I withdraw funds from Form 1040A 2014?
2014 Form 1040A—Lines 50 and 51 Funds Withdrawal payment option offered when e-filing your return. Pay by phone. Paying by phone is another safe and secure method of paying electronically. Use one of the following methods. Direct transfer using Electronic Federal Tax Payment System (EFTPS). Debit or credit card. Direct transfer.
When to file Form 1040A line 6C noncustodial parent?
2014 Form 1040A—Line 6c noncustodial parent (defined later) if all of the following condi- tions apply. 1. The parents are divorced, legally separated, separated un- der a written separation agreement, or lived apart at all times during the last 6 months of 2014 (whether or not they are or were married). 2.
What is the premium tax credit Form 8962?
Premium tax credit. If advance payments of the premium tax credit were made for you, your spouse, or a dependent who en- rolled in coverage through the Health Insurance Marketplace, you must file a 2014 return and attach Form 8962. Exception for certain children under age 19 or full-time students.
What is the maximum amount on Form 1040A line 22?
The amount on Form 1040A, line 22, is more than: $52,800 if single or head of household; $82,100 if married fil- ing jointly or qualifying widow(er); $41,050 if married filing separately.
What was the ex-dividend date for XYZ Corp in 2014?
The ex-dividend date was July 16, 2014. Your Form 1099-DIV from XYZ Corp. shows $500 in box 1a (ordinary dividends) and in box 1b (qualified dividends). How- ever, you sold the 5,000 shares on August 11, 2014. You held your shares of XYZ Corp. for only 34 days of the 121-day peri- od (from July 9, 2014, through August 11, 2014).
What is an exception 4 on Form 1040?
Exception 4. If the distribution is a health savings account (HSA) funding distribution (HFD), you must file Form 1040. See Exception 4 in the instructions for Form 1040, lines 15a and 15b. An HFD is a distribution made directly by the trustee of your IRA (other than an ongoing SEP or SIMPLE IRA) to your HSA.
What if I overpaid my estimated tax in 2014?
Include any overpayment that you applied to your 2014 estimated tax from: Your 2013 return, or An amended return (Form 1040X). If you and your spouse paid joint estimated tax but are now filing separate income tax returns, you can divide the amount paid in any way you choose as long as you both agree.
What is the maximum amount I can claim on 1040A?
The amount on Form 1040A, line 22, is $17,500 or more ($20,000 or more if married filing jointly and only one spouse is eligible for the credit; $25,000 or more if married filing jointly and both spouses are eligible; $12,500 or more if mar- ried filing separately and you lived apart from your spouse all year), or 2.
What is the exception to time lived with you on 1040A?
MUST be removed before printing. Exception to time lived with you. Temporary absences by 2014 Form 1040A—Lines 5 Through 6b you or the child for special circumstances, such as school, va- cation, business, medical care, military service, or detention in a juvenile facility, count as time lived in the home.
What if my IRA deduction on form 8606 is less than expected?
If the total of your IRA deduction on line 17 plus any nondeductible contribution to your traditional IRAs shown on Form 8606 is less than your total traditional IRA contributions for 2014, see Pub. 590-A for special rules. By April 1 of the year after the year in which you reach age 70 1 2
What is the amount on Form 1040A line 22?
The amount on Form 1040A, line 22, is $90,000 or more ($180,000 or more if married filing jointly). You are taking a deduction for tuition and fees on Form 1040A, line 19, for the same student.
What is the deduction for tuition on Form 1040A?
The amount on Form 1040A, line 22, is $90,000 or more ($180,000 or more if married filing jointly). You are taking a deduction for tuition and fees on Form 1040A, line 19, for the same student. You, or your spouse, were a nonresident alien for any part of 2014 unless your filing status is married filing jointly.
When can I use Form 1040A?
You can also use Form 1040A if you received dependent care benefits or if you owe tax from the recapture of an educa- tion credit or the alternative minimum tax. -12- Page 13 of 86Fileid: … ons/I1040A/2014/A/XML/Cycle06/source11:57 – 31-Dec-2014
What counts as time lived with you on Form 1040?
Exception to time lived with you. Temporary absences by 2014 Form 1040A—Lines 5 Through 6b you or the child for special circumstances, such as school, va- cation, business, medical care, military service, or detention in a juvenile facility, count as time lived in the home. Also see Kidnapped child in the line 6c instructions, if applicable.
What is the amount on Form 1040A for Married Filing Separately?
Your filing status is married filing separately. The amount on Form 1040A, line 22, is $90,000 or more ($180,000 or more if married filing jointly). You are taking a deduction for tuition and fees on Form 1040A, line 19, for the same student.