days (from July 9,
2013 through August 11, 2013) of the 121-day period. The 121-day period
began on May 16, 2013, (60 days before the ex-dividend date) and ended
on September 13, 2013. As a result, you have no qualified dividends from
XYZ Corporation because you held the XYZ Corporation stock for less than 61
days.
If you or your spouse (if married filing jointly) have
any Forms 1099-DIV or substitute statements that show an amount in box
2b (unrecaptured section 1250 gain), box 2c (section 1202 gain) or box
2d (collectibles gain), then you must use Form 1040.
If you received capital gain distributions as a nominee,
report on line 10 only the amount that belongs to you. Include a
statement showing the full amount you received and the amount you
received as a nominee. If you are a nominee, this means that amounts
were paid to you but actually belong to someone else.
You should receive a Form 1099-R showing the total amount
of any distribution from your IRA before income tax and other deductions
were withheld. If you converted part or all of an IRA to a Roth IRA in
2011 and you did not elect to report the taxable amount on your 2012 tax
return, you generally should have reported half of it on your 2013 tax
return and the other half in your 2014 tax return.
Enter the IRA distribution on line 11a if you rolled over
part or all of the IRA distribution from one IRA to another IRA of the same
type, from one SEP or SIMPLE IRA to a traditional IRA, or from an IRA to a
qualified plan other than an IRA.
Your pensions and annuities are fully taxable if you did
not contribute to the cost of the pension or annuity or if you were
reimbursed your entire invested cost tax free before 2015.
If you received a lump-sum distribution from a
profit-sharing or retirement plan, your Form 1099-R should have the
"Total distribution" box in box 2b checked.
You should receive a Form 1099-G showing in box 1 the
total unemployment compensation paid to you in 2014. Report this amount
on line 13 of Form 1040A. However, if you made contributions to a
government unemployment compensation program, reduce the amount you
report on line 13 by those contributions.
If you receive an overpayment of unemployment
compensation in 2014 and you repaid any of it in 2014, subtract the
amount you repaid from the total amount your received.
If you were an eligible educator in 2014, you can deduct
on line 16 up to $250 of qualified expenses you paid in 2014.
By April 1st of the year after the year in which you
reach age 70 1/2 , you must start taking minimum required distributions
from your traditional IRA. If you do not, you may have to pay a 50% additional tax on the amount that should have been distributed.
If you were age 70 1/2 or older at the end of 2014, you
cannot deduct any contributions made to your
