2001 Instructions for Form 1040NR - Uncle Fed's Tax*Board

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Who Must Use Pub. 972 in box 7 of Form 1099-R, you must file Form 5329. 1. Is the amount on Form 1040NR, line 34, more than the amount shown below for Line 52—Transportation Tax. your filing status? Nonresident alien individuals are subject to a 4% tax on U.S. source • Filing status 1, 2, or 6—$75,000 gross transportation income that is not • Filing status 3, 4, or 5—$55,000 effectively connected with a U.S. trade ❏ No. Continue. or business. However, the term U.S. source gross transportation income ❏ Yes. Stop. You must use Pub. 972 to figure your credit. does not include any such income that 2. Are you claiming any of the following credits? is taxable in a possession of the United States under the provisions of the • Adoption credit, Form 8839 (see the instructions for Form 1040NR, line 45, on Internal Revenue Code as applied to page 17) that possession. • Mortgage interest credit, Form 8396 (see the instructions for Form 1040NR, line For purposes of this tax, 46, on page 17) transportation income will be treated as • District of Columbia first-time homebuyer credit, Form 8859 not effectively connected with the ❏ No. Use the worksheet on this page to figure your child tax credit. conduct of a trade or business in the United States unless: ❏ Yes. You must use Pub. 972 to figure your child tax credit. You will also need 1. You had a fixed place of business the form(s) listed above for any credit(s) you are claiming. in the United States involved in the earning of transportation income and 2. At least 90% of your U.S. source Reported to Employer. If you are Instead, multiply the taxable amount of gross transportation income was subject to social security and Medicare the distribution by 10% (.10) and enter attributable to regularly scheduled tax, you received tips of $20 or more in the result on line 51. The taxable transportation. Or, in the case of any month, and you did not report the amount of the distribution is the part of income from the leasing of a vessel or full amount to your employer, you must the distribution you reported on line 16b aircraft, it was attributable to a fixed pay the social security and Medicare or or line 17b of Form 1040NR or on Form place of business in the United States. railroad retirement (RRTA) tax on the 4972. Also, enter “No” on the dotted See sections 887 and 863 for rules, unreported tips. You must also pay this line next to line 51 to indicate that you definitions, and exceptions. tax if your W-2 form(s) shows allocated do not have to file Form 5329. But if tips that you are including in your distribution code 1 is incorrectly shown You may be exempt from this tax income on Form 1040NR, line 8. because of a treaty or an exchange of notes between the United States and To figure the tax, use Form 4137. To pay the RRTA tax, contact your Child Tax Credit Worksheet—Line 44 employer. Your employer will figure and (keep for your records) collect the tax. You may be charged a penalty Caution: Do not use this worksheet if you answered “Yes” to question 1 or 2 above. ! equal to 50% of the social Instead, use Pub. 972. CAUTION security and Medicare tax due on tips you received but did not report to your employer. 1. Number of qualifying children:__________ X $600. Enter the result 1. Line 51—Tax on Qualified Plans, 2. Enter the amount from Form 1040NR, line 41 ....... 2. Including IRAs, and Other 3. Enter the amount from Form 1040NR, Tax-Favored Accounts. If any of the line 42 ...................... 3. following apply, see Form 5329 and its 4. Enter the amount from Form 1040NR, instructions to find out if you owe this line 43 ...................... 4. tax and if you must file Form 5329. 1. You received any early 5. Add lines 3 and 4 ........................... 5. distributions from (a) an IRA or other 6. Are the amounts on lines 2 and 5 the same? qualified retirement plan, ❏ Yes. Stop. You cannot take this credit because there is no tax to (b) an annuity, or (c) a modified reduce. However, see the TIP below before completing the rest of endowment contract entered into after your Form 1040NR. June 20, 1988. 2. Excess contributions were made ❏ No. Subtract line 5 from line 2 ......................... 6. to your IRAs, Coverdell ESAs, or 7. Child tax credit. Is the amount on line 1 more than the amount on Archer MSAs. line 6? 3. You received distributions from Coverdell ESAs in excess of your ❏ Yes. Enter the amount from line 6 here and on Form 1040NR, qualified higher education expenses. line 44. Also, see the TIP below. 4. You were born before July 1, ❏ No. Enter the amount from line 1 here and on Form 1040NR, 1930, and did not take the minimum line 44 .......................................... required distribution from your IRA or 7. other qualified retirement plan. TIP: You may be able to take the additional child tax credit on Form 1040NR, line Exception. If only item 1 applies to 58, if you answered “Yes” on line 6 or 7 above. you and distribution code 1 is correctly • First, complete your Form 1040NR through line 57. shown in box 7 of your Form 1099-R, • Then, use Form 8812 to figure any additional child tax credit. you do not have to file Form 5329. -18- Instructions for Form 1040NR
the country of which you are a resident. you claimed the mortgage interest the name(s) and identifying number(s) If the country of which you are a credit, see Form 8828. Identify as under which you made them. resident does not impose tax on the “FMSR.” Line 57—Excess Social Security and shipping or aircraft income of U.S. Section 72(m)(5) Excess Benefits RRTA Tax Withheld. If you had more persons, you may also be exempt from Tax (see Pub. 560). Identify as “Sec. than one employer for 2001 and total this tax. If you are exempt from the tax 72(m)(5).” wages of more than $80,400, too much for one of these reasons, you must social security tax may have been attach a statement to Form 1040NR Uncollected Social Security and withheld. You can take a credit on this identifying your country of residence Medicare or RRTA Tax on Tips or line for the amount withheld in excess and the treaty, note, or law and Group-Term Life Insurance. This tax of $4,984.80. But if any one employer provisions under which you claim should be shown in box 12 of your withheld more than $4,984.80, you exemption from the tax. Form W-2 with codes A and B or M and must ask that employer to refund the If you owe this tax, you must attach N. Identify as “UT.” excess to you. You cannot claim it on a statement to your return that includes Golden Parachute Payments. If your return. the information described in Pub. 519. you received an excess parachute If you had more than one railroad Line 53—Household Employment payment (EPP), you must pay a 20% employer for 2001 and your total Taxes. If any of the following apply, tax on it. This tax should be shown in compensation was over $59,700, too see Schedule H (Form 1040) and its box 12 of your W-2 form with code K. If much railroad retirement (RRTA) tax instructions to find out if you owe these you received a Form 1099-MISC, the may have been withheld. taxes. tax is 20% of the EPP shown in box 13. Identify as “EPP.” For more details, see Pub. 505. 1. You paid any one household employee (defined below) cash wages Tax on Accumulation Distribution Line 58—Additional Child Tax of $1,300 or more in 2001. Cash wages of Trusts. Enter the amount from Credit. This credit is for certain people include wages paid by checks, money Form 4970 and identify as “ADT.” who have at least one qualifying child orders, etc. as defined in the instructions for line 7c, 2. You withheld Federal income tax column (4), on page 8. The additional during 2001 at the request of any Payments child tax credit may give you a refund household employee. even if you do not owe any tax. 3. You paid total cash wages of Line 55—Federal Income Tax Withheld. Enter all Federal income tax To take the credit: $1,000 or more in any calendar quarter of 2000 or 2001 to household withheld on your effectively connected 1. Be sure you figured the amount, employees. income from Forms W-2 and 1099-R. if any, of your child tax credit. See the The amount withheld should be shown instructions for line 44 on page 17. For purposes of item 1, do not in box 2 of Form W-2 and in box 4 of 2. Read the TIP at the end of your TIP count amounts paid to an Form 1099-R. If line 55 includes Child Tax Credit Worksheet. Use Form employee who was under age amounts withheld as shown on Form 8812 to see if you can take the 18 at any time in 2001 and was a 1099-R, attach the Form 1099-R to the additional child tax credit only if you student. front of your return. Also, include in the meet the conditions given in that TIP. total for line 55 any tax withheld on Household Employee. Any person scholarship or fellowship grants from Line 59—Amount Paid With Form who does household work is a Form 1042-S, box 7. 4868 (Request for Extension). If you household employee if you can control filed Form 4868 to get an automatic what will be done and how it will be If you received a 2001 Form 1099 extension of time to file Form 1040NR, done. Household work includes work showing Federal income tax withheld enter any amount you paid with that done in or around your home by on dividends, interest income, or other form. Also, include any amounts paid babysitters, nannies, health aides, income you received, include the with Form 2688. maids, yard workers, and similar amount withheld in the total on line 55. domestic workers. This should be shown in box 4 of the Line 60—Other Payments. Check the 1099 form. box(es) on line 60 to report any credit Line 54—Total Tax. Include in the from Form 2439 or Form 4136. total on line 54 any of the following Do not include on line 55 taxes. To find out if you owe the tax, ! amounts withheld on income not Line 61—Credit for Amount Paid CAUTION see the form or publication indicated. effectively connected with a With Form 1040-C. Enter any amount On the dotted line next to line 54, enter U.S. trade or business. Those amounts you paid with Form 1040-C for 2001. the amount of the tax and identify it as should be reported in column (a) on Lines 62a and 62b—U.S. Tax indicated. page 4. They are then carried over to Withheld at Source. Enter on line 62a line 62a on page 2. Recapture of the Following the amount you show on line 80. Enter Credits. Line 56—2001 Estimated Tax on line 62b any tax withheld by a • Investment credit (see Form 4255). Payments. Enter any payments you partnership under section 1446. Be Identify as “ICR.” made on your estimated Federal sure to attach a copy of Form(s) • Low-income housing credit (see income tax (Form 1040-ES (NR)) for 1042-S, SSA-1042S, RRB-1042S, Form 8611). Identify as “LIHCR.” 2001. Include any overpayment from 8805, or similar form. • Qualified electric vehicle credit (see your 2000 return that you applied to Lines 63a and 63b—U.S. Tax Pub. 535). Identify as “QEVCR.” your 2001 estimated tax. Withheld on Dispositions of U.S. • Indian employment credit. Identify as Name Change. If you changed your Real Property Interests. Enter on line “IECR.” name because of marriage, divorce, 63a any tax withheld on dispositions of Recapture of Federal Mortgage etc., and you made estimated tax U.S. real property interests from Subsidy. If you sold your home in payments using your former name, Form(s) 8288-A. Enter on line 63b any 2001 and it was financed (in whole or in attach a statement to the front of Form tax withheld on dispositions of U.S. real part) from the proceeds of any 1040NR. On the statement, list all the property interests from Form(s) tax-exempt qualified mortgage bond or payments you made in 2001 and show 1042-S. Instructions for Form 1040NR -19-
Page 1 and 2: 2001 Instructions for Form 1040NR U
Page 3 and 4: • You were not engaged in a trade
Page 5 and 6: Special rules apply for exemptions
Page 7 and 8: Inflation-Adjusted Amounts for Expa
Page 9 and 10: • Is a U.S. citizen or resident a
Page 11 and 12: 2e of Forms 1099-DIV or substitute
Page 13 and 14: You may be able to pay less tax Wer
Page 15 and 16: Deduction for Exemptions Worksheet
Page 17: Capital Gain Tax Worksheet—Line 3
Page 21 and 22: 2001 must have been made on time
Page 23 and 24: Itemized Deductions Worksheet—Lin
Page 25 and 26: periodic income ordinarily subject
Page 27 and 28: 2001 Tax Table For persons with tax
Page 29 and 30: 2001 Tax Table—Continued Caution:
Page 39 and 40: 2001 Tax Rate Schedules These tax r

2001 Instructions for Form 1040NR - Uncle Fed's Tax*Board

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