Line 62 –
Federal income tax withheld from Forms W-2 and 1099
Add the amounts shown as federal
income tax withheld on your Forms W-2, W-2G, and 1099-R. Enter the total on
line 62. The amount withheld should be shown in box 2 of Form W-2 or W-2G, and
in box 4 of Form 1099-R. Attach Forms W-2G and 1099-R to the front of your
return if federal income tax was withheld. If you received a 2011 Form 1099 showing
federal income tax withheld on dividends, taxable or tax-exempt interest income,
unemployment compensation, social security benefits, or other income you received,
include the amount withheld in the total on line 62. This should be shown in
box 4 of Form 1099 or box 6 of Form SSA-1099.
Line 63 –
2011 estimated tax payments and amount applied from 2010 return
Enter any estimated federal income tax
payments you made for 2011. Include any overpayment that you applied to your
2011 estimated tax from:
1) Your
2010 return, or
2) An amended return (Form 1040X). If you and your spouse paid
joint estimated tax but are now filing separate income tax returns, you can
divide the amount paid in any way you choose as long as you both agree. If you
cannot agree, you must divide the payments in proportion to each spouse’s
individual tax as shown on your separate returns for 2011. For an example of
how to do this, see Pub. 505. You may want to attach an explanation of how you
and your spouse divided the payments. Be sure to show both social security numbers
(SSNs) in the space provided on the separate returns. If you or your spouse
paid separate estimated tax but you are now filing a joint return, add the
amounts you each paid. Follow these instructions even if your spouse died in
2011 or in 2012 before filing a 2011 return.
Divorced
Taxpayers
If you got divorced in 2011 and you
made joint estimated tax payments with your former spouse, enter your former
spouse’s SSN in the space provided on the front of Form 1040. If you were
divorced and re-married in 2011, enter your present spouse’s SSN in the space
provided on the front of Form 1040. Also, under the heading Payments to the
left of line 63, enter your former spouse’s SSN, followed by “DIV.”
Name
Change
If you changed your name because of
marriage, divorce, etc., and you made estimated tax payments using your former name,
attach a statement to the front of Form 1040. On the statement, explain all
the payments you and your spouse made
in 2011 and the name(s) and SSN(s) under which you made them.
Line 64a –
Earned income credit (EIC)
What Is
the EIC?
The EIC is a credit for certain people
who work. The credit may give you a refund even if you do not owe any tax.
To Take
the EIC:
• Follow the steps in the 2011 Form
1040 Instructions.
• Complete the worksheet that applies
to you or let the IRS figure the credit for you.
• If you have a qualifying child,
complete and attach Schedule EIC. For help in determining if you are eligible
for the EIC, go to www.irs.gov/eitc and click on “EITC Assistant.” This service
is available in English and Spanish.
CAUTION
If you take the EIC even though you
are not eligible and it is determined that your error is due to reckless or intentional
disregard of the EIC rules, you will not be allowed to take the credit for 2
years even if you are otherwise eligible to do so. If you fraudulently take the
EIC, you will not be allowed to take the credit for 10 years. See Form 8862,
who must file, later. You may also have to pay penalties.
Use the worksheet starting on page 45 of the 2011 Form 1040
instructions to figure out your earned income tax credit.
Line 64b –
Nontaxable combat pay election
If you have nontaxable combat pay, you might want to make a
comparison to see which if the inclusion gives you the greater amount.
Line 65 –
Additional child tax credit. Attach Form 8812
What Is
the Additional Child Tax Credit?
This credit is for certain people who have
at least one qualifying child as defined in the instructions for line 6c. The
additional child tax credit may give you a refund even if you do not owe any
tax.
Two Steps
To Take the Additional Child Tax Credit!
Step 1
Be sure you figured the amount, if any,
of your child tax credit. See the instructions for line 51.
Step 2
Read the TIP at the end of your Child
Tax Credit Worksheet. Use Form 8812 to see if you can take the additional child
tax credit, but only if you meet the condition given in that TIP.
Line 66 –
American opportunity credit from Form 8863, line 14
If you meet the requirements to claim
an education credit (see the instructions for line 49), enter on line 66 the
amount, if any, from Form 8863, line 14.
Line 67 –
First-time homebuyer credit from Form 5405, line 10
You can claim this credit only if:
1) You (or your spouse if married) were a member of the uniformed
services or Foreign Service, or an employee of the intelligence community, on
qualified official extended duty outside the United States for at least 90 days
during the period beginning after December 31, 2008, and ending before May 1,
2010, and
2) You bought a main home in the United States in 2011 before May
1. For more details and additional requirements, see Form 5405 and its
instructions.
Line 68 –
Amount paid with request for extension to file
If you filed Form 4868 to get an
automatic extension of time to file Form 1040, enter any amount you paid with
that form or by electronic funds withdrawal, credit or debit card, or the
Electronic Federal Tax Payment System (EFTPS). If you paid by credit or debit
card, do not include on line 68 the convenience fee you were charged. Also, include
any amounts paid with Form 2350. You may be able to deduct any credit or debit
card convenience fees on your 2012 Schedule A.
Line 69 –
Excess social security and tier 1 RRTA tax withheld
If you, or your spouse if filing a joint
return, had more than one employer for 2011 and total wages of more than
$106,800, too much social security or tier 1 railroad retirement (RRTA) tax may
have been withheld. You can take a credit on this line for the amount withheld
in excess of $4,485.60. But if any one employer withheld more than $4,485.60,
you cannot claim the excess on your return. The employer should adjust the tax
for you. If the employer does not adjust the overcollection, you can file a
claim for refund using Form 843. Figure this amount separately for you and your
spouse. You cannot claim a refund for excess tier 2 RRTA tax on Form 1040.
Instead, use Form 843.
For more details, see Pub. 505.
Line 70 –
Credit for federal tax on fuels. Attach Form 4136
Enter any credit for federal excise
taxes paid on fuels that are ultimately used for a nontaxable purpose (for
example, an off-highway business use). Attach Form 4136.
Line 71 –
Credits from Form: a. 2439; b. 8839; c. 8801; d. 8885
Check the box(es) on line 71 to report
any credit from Form 2439, 8839, 8801 (line 27), or 8885. If you claim more
than one of these credits, enter the total on line 71. If you are claiming a
credit for repayment of amounts you included in your in- come in an earlier
year because it appeared you had a right to the income, include the credit on
line 71 and enter “I.R.C. 1341” to the right of line 71. See Pub. 525 for
details about this credit.
Line 72
Add lines 62, 63, 64a, and 65 through 71. These are your total
payments
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