Tips For Tax Day 2011




Tax Day 2011 deadline April 18. Here we provide some tips that may can help you to keep you from getting audited, owing a penalty, paying more than you really owe, or having to file an amended return because of a mistake. You have to be a smart taxpayers this year! Check out our tips!

- Always remember something basic. Check your filing status, address, dependents claimed, Social Security number, or bank’s routing number (when requesting a refund by direct deposit). That will avoid you from most common omissions.

- Think more about credits and deductions. Check your eligibility for newer credits (Like "Making Work Pay") or older ones (like the child and earned-income credits).

- You can get a tax break by doing the same thing with your Health Savings Account, adds H&R Block.

- You can consider using IRS Free File. This service provides software and electronic filing at no charge for the 70 percent of taxpayers who earn $58,000 or less. You can also e-file through your tax preparer or through commercial software. E-filing should speed a refund. So, consider it!

- Keep file even if you can't pay. IRS said, if you are unable to pay all your taxes, keep file a tax return anyway, which will reduce the penalties you owe, and pay what you can.

Finally, we hope these tips can help you in tax day 2011. Be a smart and wise taxpayers!
Related Posts:

0komentar:

Posting Komentar