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

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Limit on the Amount You May the conditions of the sale. For more You may deduct nonbusiness Deduct. See Pub. 526 to figure the details on determining the value of casualty or theft losses only to the amount of your deduction if any of the donated property, see Pub. 561. extent that— following apply. If the amount of your deduction is 1. The amount of each separate • Your cash contributions or more than $500, you must complete casualty or theft loss is more than $100 contributions of ordinary income and attach Form 8283. For this and property are more than 30% of the purpose, the “amount of your 2. The total amount of all losses amount on Form 1040NR, line 34. deduction” means your deduction during the year is more than 10% of the • Your gifts of capital gain property are before applying any income limits that amount shown on Form 1040NR, line more than 20% of the amount on Form could result in a carryover of 34. 1040NR, line 34. • You gave gifts of property that contributions. If your total deduction is Special rules apply if you had both increased in value or gave gifts of the over $5,000, you may also have to get gains and losses from nonbusiness use of property. appraisals of the values of the donated casualties or thefts. See Form 4684 property. See Form 8283 and its and its instructions for details. You May Not Deduct as instructions for details. Use line 11 of Schedule A to deduct Contributions: Recordkeeping. If you gave the costs of proving that you had a • Travel expenses (including meals property, you should keep a receipt or property loss. Examples of these costs and lodging) while away from home written statement from the organization are appraisal fees and photographs unless there was no significant element you gave the property to, or a reliable used to establish the amount of your of personal pleasure, recreation, or written record, that shows the loss. vacation in the travel. organization’s name and address, the For information on Federal disaster • Political contributions. date and location of the gift, and a area losses, see Pub. 547. • Dues, fees, or bills paid to country description of the property. For each clubs, lodges, fraternal orders, or gift of property, you should also keep Job Expenses and Most similar groups. reliable written records that include: • Cost of raffle, bingo, or lottery tickets. Other Miscellaneous • How you figured the property’s value • Cost of tuition. But you may be able at the time you gave it. If the value was Deductions to deduct this expense on line 9. See determined by an appraisal, keep a Note: Miscellaneous deductions are this page. signed copy of the appraisal. allowed only if and to the extent they • Value of your time or services. • The cost or other basis of the are directly related to your effectively • Value of blood given to a blood bank. property if you must reduce it by any connected income. • The transfer of a future interest in ordinary income or capital gain that tangible personal property (generally, Pub. 529 discusses the types of would have resulted if the property had until the entire interest has been expenses that may and may not be been sold at its fair market value. transferred). deducted. • How you figured your deduction if • Gifts to individuals and groups that you chose to reduce your deduction for Examples of expenses you may not are run for personal profit. gifts of capital gain property. deduct are: • Gifts to foreign organizations. But • Any conditions attached to the gift. • Political contributions. you may be able to deduct gifts to • Personal legal expenses. certain U.S. organizations that transfer Note: If your total deduction for gifts of • Lost or misplaced cash or property. funds to foreign charities and certain property is over $500, you gave less • Expenses for meals during regular or Canadian, Israeli, and Mexican than your entire interest in the property, extra work hours. charities. See Pub. 526 for details. or you made a “qualified conservation • The cost of entertaining friends. • Gifts to organizations engaged in contribution,” your records should • Commuting expenses. See Pub. 529 certain political activities that are of contain additional information. See Pub. for the definition of commuting. direct financial interest to your trade or 526 for details. • Travel expenses for employment business. See section 170(f)(9). away from home if that period of • Gifts to groups whose purpose is to Line 6 employment exceeds 1 year. lobby for changes in the laws. Enter any carryover of contributions • Travel as a form of education. • Gifts to civic leagues, social and that you could not deduct in an earlier • Expenses of attending a seminar, sports clubs, labor unions, and year because they exceeded your convention, or similar meeting unless it chambers of commerce. adjusted gross income limit. See Pub. is related to your employment. • Value of benefits received in 526 for details. • Club dues. See Pub. 529 for connection with a contribution to a exceptions. charitable organization. See Pub. 526 Casualty and Theft Losses • Expenses of adopting a child. But for exceptions. you may be able to take a credit for Line 8 adoption expenses. See Form 8839 for Line 4 Complete and attach Form 4684 to details. Enter the total contributions you made figure the amount of your loss to enter • Fines and penalties. in cash or by check (including on line 8. • Expenses of producing tax-exempt out-of-pocket expenses). income. Line 5 You may be able to deduct part or all of each loss caused by theft, Line 9 Enter your contributions of property. If vandalism, fire, storm, or similar Enter the total job expenses you paid you gave used items, such as clothing causes, and car, boat, and other for which you were not reimbursed. or furniture, deduct their fair market accidents. You may also be able to (Amounts your employer included in value at the time you gave them. Fair deduct money you had in a financial box 1 of your W-2 form are not market value is what a willing buyer institution but lost because of the considered reimbursements.) But you would pay a willing seller when neither insolvency or bankruptcy of the must fill in and attach Form 2106 if has to buy or sell and both are aware of institution. either 1 or 2 below applies. -22- Instructions for Form 1040NR
Itemized Deductions Worksheet—Line 17 • Your share of the investment (keep for your records) expenses of a regulated investment company. • Certain losses on nonfederally 1. Add the amounts on Schedule A, lines 3, 7, 8, 15, and 16 . . 1. insured deposits in an insolvent or 2. Enter the total of the amount on Schedule A, line 8, plus any bankrupt financial institution. For casualty or theft losses included on line 16 ............ 2. details, including limits that apply, see Pub. 529. Caution: Be sure your casualty or theft losses are clearly • Casualty and theft losses of property identified on the dotted lines next to line 16. used in performing services as an 3. Is the amount on line 2 less than the amount on line 1? employee from Form 4684, lines 32 ❏ No. Stop. Your deduction is not limited. Enter the amount and 38b, or Form 4797, line 18b(1). from line 1 above on Schedule A, line 17. • Deduction for repayment of amounts under a claim of right if $3,000 or less. ❏ Yes. Subtract line 2 from line 1 ................... 3. 4. Multiply line 3 above by 80% (.80) . . . 4. Other Miscellaneous Deductions 5. Enter the amount from Form 1040NR, line 34 ...................... 5. Line 16 6. Enter: $132,950 if you checked filing List the type and amount of each status box 1, 2, or 6; $66,475 if you expense on the dotted lines next to line checked filing status box 3, 4, or 5 . . 6. 16. Enter one total on line 16. 7. Is the amount on line 6 less than the Examples of these expenses are: amount on line 5? • Casualty and theft losses of income-producing property from Form ❏ No. Stop. Your deduction is not 4684, lines 32 and 38b, or Form 4797, limited. Enter the amount from line line 18b(1). 1 above on Schedule A, line 17. • Deduction for repayment of amounts ❏ Yes. Subtract line 6 from line 5 . . . 7. under a claim of right if over $3,000. See Pub. 525 for details. 8. Multiply line 7 above by 3% (.03) . . . . 8. • Impairment-related work expenses of 9. Enter the smaller of line 4 or line 8 .................. 9. a disabled person. 10. Total itemized deductions. Subtract line 9 from line 1. Enter the result here and on Schedule A, line 17 ........ 10. • Certain unrecovered investments in a pension. For more details on these and other expenses not subject to the 2% limit, see Pub. 529. 1. You claim any travel, • Fees to employment agencies and transportation, meal, or entertainment other costs to look for a new job in your Total Itemized Deductions expenses for your job. present occupation, even if you do not 2. Your employer paid you for any get a new job. Line 17 of your job expenses reportable on • Certain business use of part of your line 9. home. For details, including limits that Use the worksheet above to figure the apply, see Pub. 587. amount to enter on line 17 if the If you used your own vehicle amount on Form 1040NR, line 34, is • Certain educational expenses. For TIP and item 2 does not apply, you over $132,950 if you checked filing details, see Pub. 508. may be able to file Form status box 1, 2, or 6; $66,475 if you 2106-EZ instead. checked filing status box 3, 4, or 5. Line 10 If you do not have to file Form 2106 Enter the fees you paid for preparation or 2106-EZ, list the type and amount of of your tax return, including fees paid Tax on Income Not each expense on the dotted lines next for filing your return electronically. to line 9. If you need more space, Effectively Connected attach a statement showing the type Line 11 With a U.S. Trade or and amount of each expense. Enter Enter the total amount you paid to one total on line 9. Business (Page 4) Examples of other expenses to include on line 9 are: • Safety equipment, small tools, and supplies you needed for your job. • Uniforms required by your employer that are not suitable for ordinary wear. • Protective clothing required in your work, such as hard hats, safety shoes, and glasses. • Physical examinations required by your employer. • Dues to professional organizations and chambers of commerce. • Subscriptions to professional journals. Instructions for Form 1040NR produce or collect taxable income and manage or protect property held for earning income. But do not include any personal expenses. List the type and amount of each expense on the dotted lines next to line 11. If you need more space, attach a statement showing the type and amount of each expense. Enter one total on line 11. Examples of expenses to include on line 11 are: • Certain legal and accounting fees. • Clerical help and office rent. • Custodial (for example, trust account) fees. -23- The following items are generally taxed at 30% if they are not effectively connected with your U.S. trade or business. The rate may be lower if your country and the United States have a treaty setting lower rates. Table 1 in Pub. 901 summarizes which countries have such treaties and what the rates are. The 30% tax applies only to amounts included in gross income. For example, the tax applies only to the part of a periodic annuity or pension payment that is subject to tax; it does not apply to the part that is a return of your cost.
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 and 18: Capital Gain Tax Worksheet—Line 3
Page 19 and 20: the country of which you are a resi
Page 21: 2001 must have been made on time
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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