Table of Contents

• Publication 505 - Introductory Material
  • Introduction
    • Nonresident aliens.
    • Ordering forms and publications.
    • Tax questions.
  • What's New for 2012
  • Expiring Tax Benefits
  • Reminders
• 1.   Tax Withholding for 2012
  • Introduction
  • Useful Items - You may want to see:
  • Salaries and Wages
    • Determining Amount of Tax Withheld Using Form W-4
    • Completing Form W-4 and Worksheets
    • Getting the Right Amount of Tax Withheld
    • Rules Your Employer Must Follow
    • Exemption From Withholding
    • Supplemental Wages
    • Penalties
  • Tips
  • Taxable Fringe Benefits
    • Special rule.
    • Exceptions.
  • Sick Pay
  • Pensions and Annuities
    • Periodic Payments
    • Nonperiodic Payments
    • Eligible Rollover Distributions
    • Choosing Not To Have Income Tax Withheld
  • Gambling Winnings
    • Exception.
    • Identical wagers.
  • Unemployment Compensation
  • Federal Payments
  • Backup Withholding
    • Taxpayer identification number.
    • Underreported interest or dividends.
• 2.   Estimated Tax for 2012
  • Introduction
  • Topics - This chapter discusses:
  • Useful Items - You may want to see:
  • Who Does Not Have To Pay Estimated Tax
  • Who Must Pay Estimated Tax
    • General Rule
    • Married Taxpayers
    • Special Rules
    • Aliens
    • Estates and Trusts
  • How To Figure Estimated Tax
    • 2012 Estimated Tax Worksheet
  • When To Pay Estimated Tax
    • When To Start
    • Farmers and Fishermen
  • How To Figure Each Payment
    • Regular Installment Method
    • Annualized Income Installment Method
    • Estimated Tax Payments Not Required
  • How To Pay Estimated Tax
    • Credit an Overpayment
    • Pay by Check or Money Order Using the Estimated Tax Payment Voucher
    • Pay Electronically
  • Illustrated Examples
    • Example 1—Regular Installment Method
    • Example 2—Annualized Income Installment Method
• 3.   Credit for Withholding and Estimated Tax for 2011
  • What's New
  • Introduction
  • Topics - This chapter discusses:
  • Withholding
    • Form W-2
    • Form W-2G
    • The 1099 Series
    • Form Not Correct
    • Form Received After Filing
    • Separate Returns
    • Fiscal Years (FY)
  • Estimated Tax
    • Separate Returns
    • Divorced Taxpayers
  • Excess Social Security or Railroad Retirement Tax Withholding
    • Joint returns.
    • Worksheet for Nonrailroad Employees
    • Worksheets for Railroad Employees
• 4.   Underpayment Penalty for 2011
  • What's New
  • Introduction
  • Topics - This chapter discusses:
  • Useful Items - You may want to see:
  • General Rule
    • Farmers and fishermen.
    • Higher income taxpayers.
    • Minimum required for higher income taxpayers.
    • Estate or trust payments of estimated tax.
    • Lowering or eliminating the penalty.
  • Exceptions
    • Less Than $1,000 Due
    • No Tax Liability Last Year
  • Figuring Your Required Annual Payment (Part I)
  • Short Method for Figuring the Penalty (Part III)
  • Regular Method for Figuring the Penalty (Part IV)
    • Figuring Your Underpayment (Part IV, Section A)
    • Worksheet for Form 2210, Part IV, Section B—Figuring Your Penalty
  • Annualized Income Installment Method (Schedule AI)
    • Line 1—AGI.
    • Line 4—Itemized deductions.
    • Underpayment.
  • Farmers and Fishermen
  • Waiver of Penalty
    • Farmers and fishermen.
• 5.   How To Get Tax Help
  • Low Income Taxpayer Clinics (LITCs).
• Publication 505 - Additional Material
• Index