Index of Publication 554 - Older Americans' Tax Guide

A

Accelerated death benefits, Accelerated Death Benefits

Accrued leave payment:

Disability retirement and, Accrued leave payment.

Adjusted gross income (AGI), Adjustments to Income

Adjustments to income, Adjustments to Income

Advance earned income credit, Advance Earned IncomeCredit Payments

Age 65, Age 65. You are considered to be age 65 on...

American Association of Retired Persons (AARP), Volunteer Income Tax Assistance and Tax Counseling for the Elderly.

Annuities, Pensions and Annuities

Assistance, See: Tax help

B

Base amount, social security benefits, Base Amount

Benefits:

Accident or health, Disability benefits you receive for loss...

Long-term care, Long-Term CareInsurance Contracts

No-fault insurance, Compensation you receive for permanent loss...

Sickness and injury, Sickness andInjury Benefits

Social security, Are Any of Your Benefits Taxable?

Veterans', Veterans' benefits.

Bequests, Gifts and inheritances.

C

Child and dependent care credit, Child and DependentCare Credit

Chronically ill persons, An individual is chronically ill if, within...

Chronically ill, defined, Terminally or chronically ill defined.

Comments on publication, Comments and suggestions.

Compensation:

For services, Compensation for Services

Loss or disfigurement, Compensation you receive for permanent loss...

Contributions:

Foreign employment, Foreign employment contributions.

Pension or annuity, Cost.

Cost, pension or annuity, Cost.

Credit:

Child and dependent care, Child and DependentCare Credit

Earned income, Earned Income Credit

The elderly or the disabled, Credit for the Elderlyor the Disabled

Credit for the elderly or the disabled, Credit for the Elderlyor the Disabled

D

Death benefit, accelerated, Accelerated Death Benefits

Decedents, Decedents

Deductions:

Generally, Deductions

Insurance premiums, Medical Insurance Premiums

Itemized, Some individuals should itemize their deductions...

Meals and lodging, Meals and Lodging

Medical and dental, Medical and Dental Expenses

Standard, Standard Deduction

Dependents, Dependents.

Disabilities, individuals with:

Ownership and use test, Exception to use test for individuals with a disability.

Disability:

Person with, Persons with disabilities.

Physician's statement, Physician's statement.

Total and permanent, Permanent and total disability.

Disability income, Disability income.

Distributions, retirement plan, Retirement Plan Distributions

Drugs, See: Medicines

E

Early distributions, tax, Tax on Early Distributions

Earned income credit, Earned Income Credit

Elderly or disabled credit, Credit for the Elderlyor the Disabled

Employment tax withholding, Employment tax withholding.

Employment taxes, Employment taxes.

Endowment proceeds, Endowment Contract Proceeds

Estimated tax, Tax Withholding and Estimated Tax, Estimated Tax, Who Must MakeEstimated Tax Payments

Excess accumulation, tax on, Tax on Excess Accumulation

Exclusion, gain on sale of home, Maximum Amount of Exclusion

Exemption:

Phaseout, Exemption phaseout.

What's New for 2007, Exemption phaseout.

Exemptions:

Phaseout, Exemption phaseout.

F

Federal Employees:

Compensation Act (FECA) payments, Federal Employees' Compensation Act (FECA).

Filing requirements:

Decedents, Decedents

General requirements, General Requirements

Surviving spouse, Surviving spouse.

Form:

1099-R, Form 1099-R., Form 1099-R.

5329, Form 5329.

8853, To report taxable accelerated death benefits...

Schedule 3 (1040A), Credit for the Elderlyor the Disabled, Physician's statement.

Schedule R, Credit for the Elderlyor the Disabled, Physician's statement.

W-4P, Withholding.

Free tax services, How To Get Tax Help

G

Gain on sale of home, See: Sale of home

General rule, pension or annuity, General Rule. You must use this method if...

Gifts, Gifts and inheritances.

Gross income, Gross income.

H

Help, See: Tax help

Home care, See: Nursing services

Home improvements, Home Improvements

Home, sale of, You may be able to exclude from income any...

Hospital services, Hospital Services

Household help, Household Help

I

Income:

Adjustments, Adjustments to Income

Disability, Disability Pensions, Disability income.

Gross, defined, Gross income.

Nontaxable, Taxable andNontaxable Income

Sale of home, You may be able to exclude from income any...

Self-employment, Self-employed persons.

Taxable, Taxable andNontaxable Income

Individual retirement arrangement (IRA):

Adjustments to income, Individual Retirement Arrangement (IRA) Contributions and Deductions

Inheritances, Gifts and inheritances.

Injury benefits, Sickness andInjury Benefits

Insurance:

Accident and health, Medical Insurance Premiums, Disability benefits you receive for loss...

Benefits, long-term care, Long-Term CareInsurance Contracts

Benefits, no-fault insurance, Compensation you receive for permanent loss...

Life insurance proceeds, Life Insurance Proceeds

Proceeds paid after death, Life Insurance Proceeds

Proceeds paid before death, Accelerated Death Benefits

Insurance premiums for retired public safety officers, Insurance Premiums for Retired Public Safety Officers

Itemized deductions, Some individuals should itemize their deductions...

L

Life insurance proceeds, Life Insurance Proceeds

Long-term care:

Chronically ill individuals, An individual is chronically ill if, within...

Maintenance and personal care services, Maintenance or personal care services is...

Qualified insurance contracts, Qualified long-term care insurance contracts.

Qualified services, Qualified long-term care services.

Long-term care insurance, Long-Term CareInsurance Contracts

Loss or disfigurement compensation, Compensation you receive for permanent loss...

Lump-sum distributions, Lump-sum distributions.

Lump-sum election, social security, Lump-Sum Election

M

Maintenance and personal care services, Maintenance or personal care services is...

Meals and lodging expenses, Meals and Lodging

Medical expenses, Medical and Dental Expenses

Medicare:

Benefits, Medicare.

Medicines, Medicines

Military retirement pay, Military Retirement Pay

Minimum distributions, Tax on Excess Accumulation

Minimum wage, Substantial gainful activity.

Missing children, Photographs of missing children.

More information, See: Tax help

Mortgage assistance payments, Mortgage assistance payments.

N

Nonperiodic distributions, Nonperiodic Distributions

Nontaxable income, Payments from a state fund for victims of crime.

Accident or health insurance benefits, Disability benefits you receive for loss...

Bequests, Gifts and inheritances.

Generally, Taxable andNontaxable Income

Gifts, Gifts and inheritances.

Inheritances, Gifts and inheritances.

Mortgage assistance payments, Mortgage assistance payments.

No-fault insurance benefits, Compensation you receive for permanent loss...

Nutrition program for elderly, Nutrition Program for the Elderly.

Public assistance payments, Welfare benefits.

Sickness and injury benefits, Sickness andInjury Benefits

Veterans' benefits, Veterans' benefits.

Winter energy use, Payments to reduce cost of winter energy use.

Workers' compensation, Workers' Compensation

Nursing home, Nursing home.

Nursing services:

Chronically ill individuals, An individual is chronically ill if, within...

Nutrition program for elderly, Nutrition Program for the Elderly.

O

Old-age, survivors, and disability insurance benefits (OASDI), Old-age, survivors, and disability insurance benefits (OASDI).

Other items, Other Items

P

Payments, estimated tax, Estimated Tax

Pensions, Pensions and Annuities

Pensions, disability, Disability Pensions

Phaseout of exemptions, Exemption phaseout.

Photographs, missing children, Photographs of missing children.

Physician's statement, disability, Physician's statement.

Prepaid insurance premiums, Prepaid insurance premiums.

Preparer, paid, Tax return preparers.

Preparing your return, Return preparation assistance.

Profit-sharing plan, Retirement and profit-sharing plans.

Public assistance payments, Welfare benefits.

Publications, See: Tax help

Q

Qualified retirement plan, For this purpose, a qualified retirement...

R

Railroad retirement benefits, Railroad Retirement Benefits, Social Security andEquivalent RailroadRetirement Benefits, Equivalent tier 1 railroad retirement benefits...

Repayments:

Social security benefits, Repayment of Benefits

Reporting pension income, How to report.

Residence, sale of, You may be able to exclude from income any...

Retirement plans, distributions, Retirement Plan Distributions

Returns:

Decedent, Decedents

Executors and administrators, Decedents

Filing requirements, 2007 Filing Requirements

Surviving spouse, Surviving spouse.

S

Salaries, See: Compensation

Sale of home, You may be able to exclude from income any...

Self-employed, Self-employed persons.

Sickness and injury benefits, Sickness andInjury Benefits

Simplified method, Simplified Method. You generally must use...

Social security benefits, Social Security andEquivalent RailroadRetirement Benefits

Standard deduction, Standard Deduction

Starting date, annuity, From this total cost, subtract any refunded...

State fund for victims of crime, Payments from a state fund for victims of crime.

Substantial gainful activity, Substantial gainful activity.

Suggestions for publication, Comments and suggestions.

Surrender of Iife insurance, Surrender of policy for cash.

Surviving spouse, Surviving spouse.

Surviving spouse, insurance, Surviving spouse.

Survivors of retirees, Survivors of retirees.

T

Tax:

Early distributions, Tax on Early Distributions

Estimated, Tax Withholding and Estimated Tax, Estimated Tax

Excess accumulation, Tax on Excess Accumulation

Tax counseling for the elderly (TCE), Volunteer Income Tax Assistance and Tax Counseling for the Elderly.

Tax help, How To Get Tax Help

Tax option, 10-year, Lump-sum distributions.

Tax return preparers, Tax return preparers.

Taxable income, Taxable andNontaxable Income

Taxation of benefits, Are Any of Your Benefits Taxable?

Taxpayer Advocate, Contacting your Taxpayer Advocate.

Terminally ill, defined, Terminally or chronically ill defined.

Total and permanent disability, defined, Permanent and total disability.

Transportation expenses, Transportation

TTY/TDD information, How To Get Tax Help

U

U.S. citizen or resident, U.S. citizen or resident alien.

Unemployment compensation, Unemployment compensation.

V

Veterans' benefits, Veterans' benefits.

Viatical settlement, Accelerated Death Benefits

Victims of crime, Payments from a state fund for victims of crime.

Voluntary withholding, Voluntary withholding.

Volunteer income tax assistance (VITA), Volunteer Income Tax Assistance and Tax Counseling for the Elderly.

Volunteer work, Volunteer work.

W

Wages, See: Compensation

What's New for 2007:

Exemption phaseout, Exemption phaseout.

Winter energy use payments, Payments to reduce cost of winter energy use.

Withholding:

Employment tax, Employment tax withholding.

Pensions and annuities, Withholding.

Voluntary, Voluntary withholding.

Workers' compensation, Workers' Compensation

Worksheets, social security, Which worksheet to use.