Form 1040 Instructions - 2015 Page 29
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105 2015 Form 1040—Lines 19 Through 21
next to line 19. If, in 2015, you repaid
Amounts deemed to be income
Social security information. Social se-
unemployment compensation that you
from a health savings account (HSA) be-
curity beneficiaries can now get a varie-
included in gross income in an earlier
cause you didn't remain an eligible indi-
ty of information from the SSA website
year, you can deduct the amount repaid
vidual during the testing period. See
with a my Social Security account, in-
on Schedule A, line 23. But if you re-
Form 8889, Part III.
cluding getting a replacement Form
paid more than $3,000, see Repayments
Gambling winnings, including lot-
SSA-1099 if needed. For more informa-
in Pub. 525 for details on how to report
teries, raffles, a lump-sum payment from
tion and to set up an account, go to
the repayment.
the sale of a right to receive future lot-
tery payments, etc. For details on gam-
Form RRB1099. If you need a re-
Lines 20a and 20b
bling losses, see the instructions for
placement Form RRB-1099, call the
Schedule A, line 28.
Railroad
Retirement
Board
at
Social Security Benefits
1-877-772-5772 or go to
Attach Form(s) W-2G to
You should receive a Form SSA-1099
Form 1040 if any federal in-
TIP
Line 21
showing in box 3 the total social securi-
come tax was withheld.
ty benefits paid to you. Box 4 will show
Reemployment trade adjustment
Other Income
the amount of any benefits you repaid in
assistance (RTAA) payments. These
2015. If you received railroad retirement
payments should be shown in box 5 of
Do not report on this line any
benefits treated as social security, you
Form 1099-G.
!
income from self-employment
should receive a Form RRB-1099.
Loss on certain corrective distribu-
or fees received as a notary
CAUTION
tions of excess deferrals. See Retirement
Use the Social Security Benefits
public. Instead, you must use Sched-
Plan Contributions in Pub. 525.
Worksheet in these instructions to see if
ule C, C-EZ, or F, even if you do not
Dividends on insurance policies if
any of your benefits are taxable.
have any business expenses. Also, do not
they exceed the total of all net premiums
report on line 21 any nonemployee com-
Exception. Do not use the Social Se-
you paid for the contract.
pensation shown on Form 1099-MISC
curity Benefits Worksheet in these in-
Recapture of a charitable contribu-
(unless it isn't self-employment income,
structions if any of the following ap-
tion deduction relating to the contribu-
such as income from a hobby or a
plies.
tion of a fractional interest in tangible
sporadic activity). Instead, see the in-
You made contributions to a tradi-
personal property. See Fractional Inter-
structions on Form 1099-MISC to find
tional IRA for 2015 and you or your
est in Tangible Personal Property in
out where to report that income.
spouse were covered by a retirement
Pub. 526. Interest and an additional 10%
plan at work or through self-employ-
Taxable income. Use line 21 to report
tax apply to the amount of the recapture.
ment. Instead, use the worksheets in
any taxable income not reported else-
See the instructions for line 62.
Pub. 590-A to see if any of your social
where on your return or other schedules.
Recapture of a charitable contribu-
security benefits are taxable and to fig-
List the type and amount of income. If
tion deduction if the charitable organiza-
ure your IRA deduction.
necessary, include a statement showing
tion disposes of the donated property
You repaid any benefits in 2015
the required information. For more de-
within 3 years of the contribution. See
and your total repayments (box 4) were
tails, see Miscellaneous Income in Pub.
Recapture if no exempt use in Pub. 526.
more than your total benefits for 2015
525.
Canceled debts. These amounts
(box 3). None of your benefits are taxa-
may be shown in box 2 of Form 1099-C.
Examples of income to report on
ble for 2015. Also, you may be able to
However, part or all of your income
line 21 include the following.
take an itemized deduction or a credit
from the cancellation of debt may be
Most prizes and awards.
for part of the excess repayments if they
nontaxable. See Pub. 4681 or go to
Jury duty pay. Also see the instruc-
were for benefits you included in gross
IRS.gov and enter “canceled debt” or
tions for line 36.
income in an earlier year. For more de-
“foreclosure” in the search box.
Alaska Permanent Fund dividends.
tails, see Pub. 915.
Taxable part of disaster relief pay-
Reimbursements or other amounts
You file Form 2555, 2555-EZ,
ments. See Pub. 525 to figure the taxa-
received for items deducted in an earlier
4563, or 8815, or you exclude employ-
ble part, if any. If any of your disaster
year, such as medical expenses, real es-
er-provided adoption benefits or income
relief payment is taxable, attach a state-
tate taxes, general sales taxes, or home
from sources within Puerto Rico. In-
ment showing the total payment re-
mortgage interest. See Recoveries in
stead, use the worksheet in Pub. 915.
ceived and how you figured the taxable
Pub. 525 for details on how to figure the
Benefits for earlier year re-
part.
amount to report.
ceived in 2015? If any of your
TIP
Taxable distributions from a Cov-
Income from the rental of personal
benefits are taxable for 2015
erdell education savings account (ESA)
property if you engaged in the rental for
and they include a lump-sum benefit
or a qualified tuition program (QTP).
profit but were not in the business of
payment that was for an earlier year,
Distributions from these accounts may
renting such property. Also see the in-
you may be able to reduce the taxable
be taxable if (a) they are more than the
structions for line 36.
amount. See Lump-Sum Election in
qualified higher education expenses of
Income from an activity not engag-
Pub. 915 for details.
the designated beneficiary in 2015, and
ed in for profit. See Pub. 535.
-29-
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