Disabilities With Page 1 of 11 13:46 - 8-Feb-2018 for ...

1 Userid: CPMS chema: tipxLeadpct: 100%Pt. size: 10 Draft Ok to PrintAH XSL/XMLF ileid: .. tions/P907/2017/A/XML/Cycle04/source(Ini t. & Date) _____Page 1 of 11 13:46 - 8-Feb-2018 The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before of the TreasuryInternal Revenue ServicePublication 907 Cat. No. 15308 HTax Highlightsfor Persons WithDisabilitiesFor use in preparing2017 ReturnsGet forms and other information faster and easier at: (English) (Espa ol) ( ) ( ) (Pусский) (Ti ngVi t) Future DevelopmentsFor the latest information about developments related to Pub.

2 907, such as legislation enacted after this publication was published, go to s NewRollovers to ABLE accounts. Rollovers from a section 529 qualified tuition program to a section 529A ABLE account may be made without penalty under certain circumstances after December 22, 2017. See ABLE Account, ABLE account changes on This publication is for use in preparing your 2017 returns. For changes affecting your 2018 return (contribution limit increase and eligibility for the saver s credit), go to for those ABLE account.

3 The Stephen Beck, Jr., Achieving a Better Life Experience Act of 2014 (ABLE) was enacted to help blind or disabled people save money in a tax-favored ABLE account to maintain health, independence, and quality of life. Compare ABLE programs on the websites of state governments to see which program is best suited for you. See ABLE Account, Social Security account. Social security beneficiaries can obtain helpful information from the Social Security Administration's website with a my Social Security account. See Social Security and Railroad Retirement Benefits, publication concerns people with Disabilities and those who care for them.

4 It includes highlights about:Income,Itemized deductions,Tax credits,Household employers,Business tax incentives, andABLE will find most of the information you need to com-plete your tax return in its How To Get Tax Help at the end of this publication for information about getting publications, forms, and free tax and suggestions. We welcome your com-ments about this publication and your suggestions for fu-ture 08, 2018 Page 2 of 11 Fileid: .. tions/P907/2017/A/XML/Cycle04/source13:4 6 - 8-Feb-2018 The type and rule above prints on all proofs including departmental reproduction proofs.

5 MUST be removed before can send us comments through you can write to:Internal Revenue ServiceTax Forms and Publications1111 Constitution Ave. NW, IR-6526 Washington, DC 20224 Although we cannot respond individually to each com-ment received, we do appreciate your feedback and will consider your comments as we revise our tax forms and publications. Visit to download forms and publications. Other-wise, you can go to to order current and prior-year forms and instructions. Your order should arrive within 10 business questions.

6 If you have a tax question not an-swered by this publication, check and How To Get Tax Help at the end of this income is taxable unless it is specifically excluded by law. The following discussions highlight some taxable and nontaxable income items. For information about distribu-tions from an ABLE account, see ABLE Account, Care BenefitsDependent care benefits include the your employer paid directly to you or your care provider for the care of your qualifying person(s) while you fair market value of care in a daycare facility pro-vided or sponsored by your contributions you made under a dependent care flexible spending or deduction.

7 If your employer provides de-pendent care benefits under a qualified plan, you may be able to exclude these benefits from your income. Your employer can tell you whether your benefit plan qualifies. To claim the exclusion, you must complete Part III of Form 2441, Child and Dependent Care Expenses. You cannot use Form you are self-employed and receive benefits from a qualified dependent care benefit plan, you are treated as both employer and employee. Therefore, you would not get an exclusion from wages. Instead, you would get a de-duction on one of the following Form 1040 schedules: Schedule C, line 14; Schedule E, line 19 or 28; or Sched-ule F, line 15.

8 To claim the deduction, you must use Form amount you can exclude or deduct is limited to the smallest of the total amount of dependent care benefits you re-ceived during the total amount of qualified expenses you incurred during the earned spouse's earned $5,000 ($2,500 if married filing separately).Statement for employee. Your employer must give you a Form W-2 (or similar statement), showing in box 10 the total amount of dependent care benefits provided to you during the year under a qualified plan. Your employer will also include any dependent care benefits over $5,000 in your wages shown on your Form W-2 in box person(s).

9 A qualifying person is any of the qualifying child who is under age 13 whom you can claim as a dependent. If the child turned 13 during the year, the child is a qualifying person for the part of the year he or she was under age disabled spouse who is not physically or men-tally able to care for disabled person who was not physically or men-tally able to care for themselves whom you can claim as a dependent (or could claim as a dependent ex-cept that the person had gross income of $4,050 or more or filed a joint return).Any disabled person who was not physically or men-tally able to care for themselves whom you could claim as a dependent except that you (or your spouse if filing jointly) could be claimed as a dependent on an-other taxpayer's 2017 information about excluding benefits on Form 1040, Form 1040NR, or Form 1040A, see Form 2441 and its Security and Railroad Retirement BenefitsMy Social Security account.

10 Social security beneficia-ries may quickly and easily obtain the following informa-tion from the Social Security Administration's website with a my Social Security track of your earnings and verify them every an estimate of your future benefits if you are still a letter with proof of your benefits if you currently receive your or change your direct a replacement Medicare 2 Publication 907 (2017)Page 3 of 11 Fileid: .. tions/P907/2017/A/XML/Cycle04/source13:4 6 - 8-Feb-2018 The type and rule above prints on all proofs including departmental reproduction proofs.