Publication 554
Older Americans' Tax Guide

For use in preparing 2002 Returns

Table of Contents

[ Click for Index ]

Publication 554, Older Americans' Tax Guide

• Important Changes for 2002
• Important Reminders
• 1. 2002 Filing Requirements
  • General Requirements
    • Decedents
• 2. Taxable and Nontaxable Income
  • Compensation for Services
  • Retirement Plan Distributions
    • Individual Retirement Arrangements (IRAs)
    • Pensions and Annuities
      • Nonperiodic Distributions
      • Tax on Early Distributions
      • Tax on Excess Accumulation
      • Railroad Retirement Benefits
      • Military Retirement Pay
  • Social Security and Equivalent Railroad Retirement Benefits
    • Are Any of Your Benefits Taxable?
      • Base Amount
      • Repayment of Benefits
      • Tax Withholding and Estimated Tax
    • How To Report Your Benefits
    • How Much Is Taxable?
    • Lump-Sum Election
    • Repayments More Than Gross Benefits
  • Sickness and Injury Benefits
  • Disability Income
  • Life Insurance Proceeds
    • Endowment Proceeds
    • Accelerated Death Benefits
  • Sale of Home
    • Maximum Amount of Exclusion
    • Ownership and Use Tests
    • Married Persons
    • Business Use or Rental of Home
    • Reporting the Gain
  • Other Items
• 3. Adjustments to Income
  • Individual Retirement Arrangement (IRA) Contributions and Deductions
• 4. Deductions
  • Standard Deduction
    • Standard Deduction for Dependents
  • Itemized Deductions
    • Medical and Dental Expenses
      • Medical Insurance Premiums
      • Meals and Lodging
      • Transportation
      • Home Improvements
• 5. Credits
  • Credit for the Elderly or the Disabled
    • Can You Take the Credit?
      • Qualified Individual
    • Figuring the Credit
  • Child and Dependent Care Credit
  • Earned Income Credit
    • Who Can Claim the Credit?
      • Persons Who Work and Have One or More Qualifying Children
      • Persons Who Work and Do Not Have a Qualifying Child
    • Advance Earned Income Credit Payments
• 6. Estimated Tax
  • Who Must Make Estimated Tax Payments
• 7. How To Get Tax Help

Index

[ Click for Table of Contents ]

A

• Adjusted gross income (AGI)
• Advance earned income credit
• Age 65
• Age test, EIC
• American Association of Retired Persons (AARP)

B

• Base amount, social security benefits
• Benefits
• Benefits, Long-term care
• Benefits, Social security
• Benefits, Veterans'

C

• Chronically ill, defined
• Contributions, Foreign employment
• Cost, pension or annuity
• Credit, Child and dependent care

D

• Deductions, Generally
• Deductions, Insurance premiums
• Deductions, Itemized
• Deductions, Meals and lodging
• Deductions, Medical and dental
• Deferred annuity, early distribution
• Dependents
• Disability income
• Disability, Total and permanent
• Distributions, retirement plan

E

• Early distributions, tax
• Earned income credit
• Endowment proceeds
• Estimated tax
• Estimated tax
• Excess accumulation, tax on
• Exclusion, gain on sale of home

F

• Federal Employees' Compensation Act (FECA)
• Filing requirements, General requirements
• Form, 1099-R
• Form, 1099-R
• Form, 5329
• Form, 8853
• Form, Large print
• Form, Schedule 3 (1040A)
• Form, Schedule 3 (1040A)
• Form, W-4P

G

• General rule, pension or annuity

H

• Home improvements

I

• Income
• Income, Gross, defined
• Income, Sale of home
• Income, Self-employment
• Individual retirement arrangement (IRA) , Adjustments to income
• Individual retirement arrangement (IRA), Contributions
• Individual retirement arrangement (IRA), Deductible contribution
• Individual retirement arrangement (IRA), Distributions
• Insurance, Benefits, no-fault insurance
• IRA, Roth

L

• Life insurance proceeds
• Loss or disfigurement compensation
• Lump-sum election, social security

M

• Medicare
• Military retirement pay
• Minimum wage

N

• Nonperiodic distributions
• Nontaxable income, Accident or health insurance benefits
• Nontaxable income, Bequests, Gifts, Inheritances
• Nontaxable income, Generally
• Nontaxable income, Mortgage assistance payments
• Nontaxable income, Nutrition program for elderly
• Nontaxable income, Public assistance payments
• Nontaxable income, Winter energy use
• Nontaxable income, Worker's compensation
• Nursing home

O

• Other items

P

• Payments, estimated tax
• Pensions
• Photographs, missing children
• Prepaid insurance premiums
• Preparer, paid
• Preparing your return
• Publication, 1614
• Publication, 1615

Q

• Qualified retirement plan
• Qualifying child, EIC

R

• Railroad retirement benefits
• Railroad retirement benefits
• Railroad retirement benefits
• Relationship test, EIC
• Repayments, Social security benefits
• Reporting pension income
• Residency test, EIC
• Returns, Executors and administrators
• Returns, Filing requirements
• Returns, Surviving spouse

S

• Salaries ( See Compensation )
• Simplified method
• Standard deduction
• Starting date, annuity
• State fund for victims of crime
• Suggestions
• Surrender of Iife insurance
• Surviving spouse, insurance
• Survivors

T

• Tax option, 10-year
• Taxpayer Advocate
• Transportation expenses
• TTY/TDD information

U

• U.S. citizen or resident
• Unemployment compensation

V

• Viatical settlement
• Volunteer work

W

• Withholding, Employment tax
• Withholding, Voluntary
• Worksheets, social security