Table of Contents

• 5.   Wages, Salaries, and Other Earnings
  • What's New
  • Reminder
  • Introduction
  • Useful Items - You may want to see:
  • Employee Compensation
    • Baby-sitting.
    • Miscellaneous Compensation
    • Fringe Benefits
    • Retirement Plan Contributions
    • Stock Options
    • Restricted Property
  • Special Rules for Certain Employees
    • Clergy
    • Members of Religious Orders
    • Foreign Employer
    • Military
    • Volunteers
  • Sickness and Injury Benefits
    • Disability Pensions
    • Long-Term Care Insurance Contracts
    • Workers' Compensation
    • Other Sickness and Injury Benefits
• 6.   Tip Income
  • Introduction
  • Useful Items - You may want to see:
  • Keeping a Daily Tip Record
    • Electronic tip record.
  • Reporting Tips to Your Employer
    • Electronic tip statement.
    • Final report.
    • Tip Rate Determination and Education Program
  • Reporting Tips on Your Tax Return
  • Allocated Tips
• 7.   Interest Income
  • Reminder
  • Introduction
  • Useful Items - You may want to see:
  • General Information
    • SSN for joint account.
    • Custodian account for your child.
    • Penalty for failure to supply SSN.
    • Reporting backup withholding.
    • Savings account with parent as trustee.
    • Interest not reported on Form 1099-INT.
    • Nominees.
    • Incorrect amount.
    • Information-reporting requirement.
  • Taxable Interest
    • Interest subject to penalty for early withdrawal.
    • Money borrowed to invest in certificate of deposit.
    • U.S. Savings Bonds
    • Education Savings Bond Program
    • U.S. Treasury Bills, Notes, and Bonds
    • Bonds Sold Between Interest Dates
    • Insurance
    • State or Local Government Obligations
    • Original Issue Discount (OID)
  • When To Report Interest Income
    • Constructive receipt.
  • How To Report Interest Income
    • Schedule B.
    • U.S. savings bond interest previously reported.
• 8.   Dividends and Other Corporate Distributions
  • Reminder
  • Introduction
  • Useful Items - You may want to see:
  • General Information
    • Dividends not reported on Form 1099-DIV.
    • Reporting tax withheld.
    • Nominees.
  • Ordinary Dividends
    • Qualified Dividends
    • Dividends Used to Buy More Stock
    • Money Market Funds
  • Capital Gain Distributions
    • Basis adjustment.
  • Nondividend Distributions
    • Liquidating Distributions
    • Distributions of Stock and Stock Rights
  • Other Distributions
    • Information reporting requirement.
    • Alternative minimum tax treatment.
  • How To Report Dividend Income
    • Investment interest deducted.
• 9.   Rental Income and Expenses
  • Introduction
  • Useful Items - You may want to see:
  • Rental Income
  • Rental Expenses
    • Repairs and Improvements
    • Other Expenses
  • Not Rented for Profit
  • Property Changed to Rental Use
  • Renting Part of Property
  • Personal Use of Dwelling Unit (Including Vacation Home)
    • Dwelling Unit Used as Home
    • Figuring Days of Personal Use
    • How To Divide Expenses
    • How To Figure Rental Income and Deductions
  • Depreciation
    • Changing your accounting method to deduct unclaimed depreciation.
    • Other Rules About Depreciable Property
  • Limits on Rental Losses
    • At-Risk Rules
    • Passive Activity Limits
  • How To Report Rental Income and Expenses
    • Schedule E (Form 1040)
• 10.   Retirement Plans, Pensions, and Annuities
  • What's New
  • Introduction
    • The General Rule.
    • Civil service retirement benefits.
    • Individual retirement arrangements (IRAs).
  • Useful Items - You may want to see:
  • General Information
    • Tax-free exchange.
    • How To Report
  • Cost (Investment in the Contract)
  • Taxation of Periodic Payments
    • Simplified Method
  • Taxation of Nonperiodic Payments
    • Lump-Sum Distributions
  • Rollovers
  • Special Additional Taxes
    • Tax on Early Distributions
    • Tax on Excess Accumulations
  • Survivors
• 11.   Social Security and Equivalent Railroad Retirement Benefits
  • Introduction
  • Useful Items - You may want to see:
  • Are Any of Your Benefits Taxable?
  • How To Report Your Benefits
    • How Much Is Taxable?
  • Examples
  • Deductions Related to Your Benefits
    • Repayments More Than Gross Benefits
• 12.   Other Income
  • What's New
  • Introduction
  • Useful Items - You may want to see:
  • Bartering
  • Canceled Debts
    • Interest included in canceled debt.
    • Exceptions
  • Host or Hostess
  • Life Insurance Proceeds
    • Surviving spouse.
    • More information.
    • Endowment Contract Proceeds
    • Accelerated Death Benefits
    • Public Safety Officer Killed in the Line of Duty
  • Partnership Income
  • S Corporation Income
  • Recoveries
    • Itemized Deduction Recoveries
  • Rents from Personal Property
  • Repayments
    • Method 1.
    • Method 2.
  • Royalties
    • Depletion.
    • Coal and iron ore.
    • Sale of property interest.
    • Part of future production sold.
  • Unemployment Benefits
    • Types of unemployment compensation.
    • Governmental program.
    • Repayment of unemployment compensation.
    • Tax withholding.
    • Supplemental unemployment benefits.
    • Repayment of benefits.
  • Welfare and Other Public Assistance Benefits
    • Alternative trade adjustment assistance (ATAA) payments.
  • Other Income
    • Emotional distress.
    • Deduction for costs involved in unlawful discrimination suits.
    • Energy conservation measure.
    • Dwelling unit.
    • Current income required to be distributed.
    • Current income not required to be distributed.
    • How to report.
    • Losses.
    • Grantor trust.
    • Nonemployee compensation.
    • Corporate director.
    • Personal representatives.
    • Notary public.
    • Election precinct official.
    • Difficulty-of-care payments.
    • Maintaining space in home.
    • Reporting taxable payments.
    • Lotteries and raffles.
    • Form W-2G.
    • Inherited pension or IRA.
    • Employee awards or bonuses.
    • Pulitzer, Nobel, and similar prizes.
    • Payment for services.
    • VA payments.
    • Prizes.
    • Strike and lockout benefits.