Written by Tweet After you say, “I do” you’ll have two filing status options to choose from when filing your 2012 tax returns: married filing jointly, or married filing separately. Married Filing Jointly You can choose married filing jointly as your filing status if you are married and both you and your spouse agree to file a [...]
READ MORE »Posts tagged Filing Status
Your Filing Status, and what you need to know
Tweet Your federal tax filing status is based on your marital and family situation. It is an important factor in determining your standard deduction and your correct amount of tax, and whether you must file a return. Your marital status on the last day of the year determines your status for the entire year. If [...]
READ MORE »Filing Status – What You Need to Know
Tweet Your federal tax filing status is based on your marital and family situation. It is an important factor in determining your standard deduction and your correct amount of tax, and whether you must file a return. Your marital status on the last day of the year determines your status for the entire year. If [...]
READ MORE »Do You Qualify for the EIC
Tweet IRS TAX TIP 2010-22 They are really going after those who file for this credit and do not qualify. Make sure you really are eligable. Start by reading this IRS tax tip. Be Sure to Know Whether You Qualify for the Earned Income Tax Credit The Earned Income Tax Credit, commonly referred to [...]
READ MORE »Five Important Facts about Dependents and Exemptions
Tweet When you prepare to file your 2009 tax return, there are two things that will factor into your tax situation: dependents and exemptions. Here, the IRS gives you five important facts that you should know about dependents and exemptions before you file your 2009 tax return. If someone else claims you as a [...]
READ MORE »An IRS reminder.
Tweet The IRS (as stated below) says they had 107,831 refund checks returned to them because of incorrect addresses. {Is yours one of them?} This resulting in over 123 mil. Due to taxpayers who over paid. [okay 123.5 million divided by 107,831, equals and average refund amount per check of $1,1453.31] Are you one [...]
READ MORE »Filing Status Head of Household. . .
Tweet This is of course could be the greatest misunderstood of filing statuses. Or at least one would think considering how many misuse the claim. Let’s examine so you don’t make this mistake. The IRS defines this as: Head of Household You are unmarried or “considered unmarried” on the last day of the year. You [...]
READ MORE »
