Forgot to file 2010 taxes? You can still file and get a refund with the Earned Income Credit The Earned Income Tax Credit (EITC) is one of the most valuable tax credits out there, but many eligible taxpayers don’t take advantage of it. Even if the tax filing deadline has already come and gone you […]
Claim a valuable New York State credit in addition to the federal one New Yorkers will be happy to learn that they can get a valuable credit on their state taxes for money they spent to take care of their kids and other dependents. You can claim New York’s child and dependent care tax credit […]
Payers must file 1099s with the IRS and their payees must report this information on their tax returns There are different types of 1099s for different kinds of payments. The most common is a 1099-MISC. It’s used to report miscellaneous income. 1099-MISCs are only used to report payments made in the course of trade or business, […]
You can still get a refund from 2011 with the help of these credits and deductions With the 2013 tax season in full swing, everyone’s worried about 2012 taxes. But don’t forget about 2011 taxes, especially if you forgot about them last year! Did you know you could still get a refund from 2011? That’s […]
If you can’t file your return by the April deadline, request an extension! That will give you an extra six months to file. Did the month of April sneak up on you? Is the time until tax day already loaded with obligations? Is that pile of receipts on your desk beginning to look more and […]
Find out how to file your taxes if you’re missing important tax documents such as W-2s or 1099s. “Something suddenly came up.” Those were the immortal words with which Marcia Brady famously broke off a date. But they could just as easily describe why lots of taxpayers fail to file a return every year – […]
Filing taxes as a senior? We’ve got what you need to know! Once you hit 65 and become eligible for Social Security benefits, taxes can get a lot more complicated. Suddenly you have to worry about income and benefits you never had to before. Don’t worry, it’s not as hard to figure out as it […]
After you file your federal and state tax returns, you may still have to file a city income tax return Everyone knows they have to send Uncle Sam a federal income tax return every April, and most people also realize they have to file a state income tax return at the same time – unless […]
If you live or work in one of these seven states you may not have to file a return. In most states, you have to file a state income tax return AND a federal income tax return. But in seven states you don’t have to file a state return because they don’t have an income tax: […]
If you requested a tax extension, you must file your return by the October deadline. After this date e-file shuts down and you may be charged late filing penalties. If you requested an extension during tax season – which you would have done using Form 4868 [Application for Automatic Extension of Time to File U.S. […]
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