2004 Instructions for Form 1040 (ALL) - Supreme Law Firm

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Filing Requirements These rules apply to all U.S. citizens, regardless of where they live, and resident aliens. Nonresident aliens and dual-status aliens. These rules also apply to nonresident aliens An automatic 4-month extension to file does not extend the Do You Have To File? and dual-status aliens who were married to time to pay your tax. See Form CAUTION Use Chart A, B, or C to see if you must file U.S. citizens or residents at the end of 2004 4868. a return. U.S. citizens who lived in or had and who have elected to be taxed as resiincome from a U.S. possession should see dent aliens. Other nonresident aliens and Pub. 570. Residents of Puerto Rico can use If you are a U.S. citizen or resident, you dual-status aliens have different filing remay qualify for an automatic extension of TeleTax topic 901 (see page 8) to see if quirements. They may have to file Form they must file. 1040NR or Form 1040NR-EZ. Specific time to file without filing Form 4868 or rules apply to determine if you are a resi- filing for an extension by phone. You qual- Even if you do not otherwise dent or nonresident alien. See Pub. 519 for ify if, on the due date of your return, you TIP have to file a return, you should details, including the rules for students and meet one of the following conditions. file one to get a refund of any scholars who are aliens. federal income tax withheld. • You live outside the United States and You should also file if you are eligible for Puerto Rico and your main place of busithe earned income credit, the additional ness or post of duty is outside the United child tax credit, or the health coverage tax States and Puerto Rico. credit. When Should You • You are in military or naval service on Have you tried IRS e-file? File? duty outside the United States and Puerto It’s the fastest way to get Rico. Not later than April 15, 2005. If you file your refund and it’s free if you are eligible. after this date, you may have to pay interest Visit www.irs.gov for details. and penalties. See page 59. This extension gives you an extra 2 months to file and pay the tax, but interest Exception for children under age 14. If will be charged from the original due date you are planning to file a tax return for your What If You Cannot File of the return on any unpaid tax. You must child who was under age 14 at the end of on Time? attach a statement to your return showing 2004 and certain other conditions apply, that you meet the requirements. you can elect to include your child’s in- You can get an automatic 4-month extencome on your return. But you must use sion if, no later than April 15, 2005, you Form 8814 to do so. If you make this elec- either file for an extension by phone or you tion, your child does not have to file a re- file Form 4868. For details, including how Where Do You File? turn. For details, use TeleTax topic 553 to file by phone, see Form 4868. (see page 8) or see Form 8814. See the back cover of this booklet for filing A child born on January 1, 1991, is conusing a private delivery service to mail instructions and addresses. For details on sidered to be age 14 at the end of 2004. Do not use Form 8814 for such a child. your return or payment, see page 15. ! Chart A—For Most People AND at the end of 2004 THEN file a return if your gross IF your filing status is . . . you were* . . . income** was at least . . . Single under 65 $7,950 65 or older 9,150 under 65 (both spouses) $15,900 Married filing jointly*** 65 or older (one spouse) 16,850 65 or older (both spouses) 17,800 Married filing separately (see page 17) any age $3,100 Head of household (see page 17) under 65 $10,250 65 or older 11,450 Qualifying widow(er) with dependent under 65 $12,800 child (see page 17) 65 or older 13,750 * If you were born on January 1, 1940, you are considered to be age 65 at the end of 2004. ** Gross income means all income you received in the form of money, goods, property, and services that is not exempt from tax, including any income from sources outside the United States (even if you may exclude part or all of it). Do not include social security benefits unless you are married filing a separate return and you lived with your spouse at any time in 2004. *** If you did not live with your spouse at the end of 2004 (or on the date your spouse died) and your gross income was at least $3,100, you must file a return regardless of your age. -12-
Chart B—For Children and Other Dependents (See the instructions for line 6c on page 18 to find out if someone can claim you as a dependent.) If your parent (or someone else) can claim you as a dependent, use this chart to see if you must file a return. In this chart, unearned income includes taxable interest, ordinary dividends, and capital gain distributions. Earned income includes wages, tips, and taxable scholarship and fellowship grants. Gross income is the total of your unearned and earned income. ! CAUTION If your gross income was $3,100 or more, you usually cannot be claimed as a dependent unless you were (a) under age 19 at the end of 2004 or (b) under age 24 at the end of 2004 and a student. For details, see Pub. 501. Single dependents. Were you either age 65 or older or blind? No. You must file a return if any of the following apply. • Your unearned income was over $800. • Your earned income was over $4,850. • Your gross income was more than the larger of— • $800, or • Your earned income (up to $4,600) plus $250. Yes. You must file a return if any of the following apply. • Your unearned income was over $2,000 ($3,200 if 65 or older and blind). • Your earned income was over $6,050 ($7,250 if 65 or older and blind). • Your gross income was more than— The larger of: Plus This amount: • $800, or $1,200 ($2,400 if 65 or • Your earned income (up to $4,600) plus $250 } older and blind) Married dependents. Were you either age 65 or older or blind? No. You must file a return if any of the following apply. • Your unearned income was over $800. • Your earned income was over $4,850. • Your gross income was at least $5 and your spouse files a separate return and itemizes deductions. • Your gross income was more than the larger of— • $800, or • Your earned income (up to $4,600) plus $250. Yes. You must file a return if any of the following apply. • Your unearned income was over $1,750 ($2,700 if 65 or older and blind). • Your earned income was over $5,800 ($6,750 if 65 or older and blind). • Your gross income was at least $5 and your spouse files a separate return and itemizes deductions. • Your gross income was more than— The larger of: Plus This amount: • $800, or $950 ($1,900 if 65 or • Your earned income (up to $4,600) plus $250 } older and blind) Chart C—Other Situations When You Must File You must file a return if any of the four conditions below apply for 2004. 1. You owe any special taxes, such as: • Social security and Medicare tax on tips you did not report to your employer, • Uncollected social security and Medicare or RRTA tax on tips you reported to your employer or on group-term life insurance, • Alternative minimum tax, • Recapture taxes (see the instructions for line 43, on page 33, and line 62, on page 40), or • Additional tax on a qualified plan, including an individual retirement arrangement (IRA), or other tax-favored account. But if you are filing a return only because you owe this tax, you can file Form 5329 by itself. 2. You received any advance earned income credit (EIC) payments from your employer. These payments are shown in Form W-2, box 9. 3. You had net earnings from self-employment of at least $400. 4. You had wages of $108.28 or more from a church or qualified church-controlled organization that is exempt from employer social security and Medicare taxes. -13-
Page 1 and 2: Note. This booklet does not contain
Page 3 and 4: What is IRS e-file? It’s the fast
Page 5 and 6: Tax Return Page Reference Questions
Page 7 and 8: Quick and Easy Access to Tax Help a
Page 9 and 10: Topic TeleTax Topics No. Subject No
Page 11: Before You Fill In Form 1040 See Ho
Page 15 and 16: Form Item and Box in Which it Shoul
Page 17 and 18: Line 2 December 31, 2004, you were
Page 19 and 20: Form 1040—Lines 7 and 8a less tha
Page 21 and 22: gross income was over $139,500 ($69
Page 23 and 24: Form 1040—Lines 16a and 16b Age (
Page 25 and 26: Form 1040—Lines 20a and 20b Socia
Page 27 and 28: Form 1040—Line 25 IRA Deduction W
Page 29 and 30: Form 1040—Lines 27 Through 29 for
Page 31 and 32: Line 35 Include in the total on lin
Page 33 and 34: Form 1040—Lines 41 and 43 Tax Tab
Page 35 and 36: Line 44 • Tax-exempt interest fro
Page 37 and 38: Line 51—Child Tax Credit What Is
Page 39 and 40: ured the credit. Check box c and en
Page 41 and 42: Lines 65a and 65b— Earned Income
Page 43 and 44: Form 1040—Lines 65a and 65b Conti
Page 45 and 46: Worksheet A—Earned Income Credit
Page 47 and 48: Form 1040—Lines 65a and 65b Works
Page 49 and 50: 2004 Earned Income Credit (EIC) Tab
Page 55 and 56: number is 20202086. Do not include
Page 57 and 58: You cannot sign your return are not
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Page 61 and 62: 2004 Tax Table—Continued If line
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2004 Tax Table—Continued If line
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If line 42 (taxable income) is— A
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Order Blank for Forms and Publicati
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Disclosure, Privacy Act, and Paperw
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Department of the Treasury Internal
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more than the general sales tax rat
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• You gave gifts of property that
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Instructions for Schedule B, after
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ing the tax year, and you did not m
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also include the amount collected i
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line 36. The amount you can deduct
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Principal Business or Professional
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Partnership Interests vestment. Thi
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If there is an amount in box 1c, se
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sale of your main home if you are n
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follow the applicable instructions
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which you entered the combined tota
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If your rental real estate loss is
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gain results from redemption of the
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• Deducting the prepayment will n
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2001 Capital Gain Tax Worksheet—L
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2002 Tax Rate Schedules—Line 12 S
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2003 Tax Rate Schedules—Line 16 S
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homes, parking lots, warehouses, an
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Index to Instructions A Foreign Tax
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2004 Instructions for Form 1040 (ALL) - Supreme Law Firm

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