Comments on: 17 Tips for End of Year Tax Planning http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/ finance. money. action. Sat, 21 Nov 2009 16:22:09 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Pay Your Property Taxes and Sales Taxes Prior to Year End | Prime Time Money http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7363 Pay Your Property Taxes and Sales Taxes Prior to Year End | Prime Time Money Mon, 29 Dec 2008 18:26:59 +0000 http://www.mydollarplan.com/?p=690#comment-7363 [...] From Broke Year End Tax Moves @ Cash Money Life Year-End Tax Tips: 2008 @ Million Dollar Journey 17 Tips for End of Year Tax Planning @ My Dollar Plan Year End Income Tax Guide (Part 1) @ Tough Money [...]

[...] From Broke Year End Tax Moves @ Cash Money Life Year-End Tax Tips: 2008 @ Million Dollar Journey 17 Tips for End of Year Tax Planning @ My Dollar Plan Year End Income Tax Guide (Part 1) @ Tough Money [...]

]]> By: 44th Money Hacks Carnival - The Merry Christmas Edition | Where You Are Now http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7329 44th Money Hacks Carnival - The Merry Christmas Edition | Where You Are Now Wed, 24 Dec 2008 14:14:19 +0000 http://www.mydollarplan.com/?p=690#comment-7329 [...] presents 17 Tips for End of Year Tax Planning posted at My Dollar [...]

[...] presents 17 Tips for End of Year Tax Planning posted at My Dollar [...]

]]> By: Year End Tax Moves | Cash Money Life http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7311 Year End Tax Moves | Cash Money Life Mon, 22 Dec 2008 10:55:06 +0000 http://www.mydollarplan.com/?p=690#comment-7311 [...] Claim your first time home buyer credit early. This works if you plan on buying your first home before July 1, 2009. [...]

[...] Claim your first time home buyer credit early. This works if you plan on buying your first home before July 1, 2009. [...]

]]> By: Galen Ramsden http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7309 Galen Ramsden Mon, 22 Dec 2008 03:05:45 +0000 http://www.mydollarplan.com/?p=690#comment-7309 Nice article. Although I am not sure I want to take my losses and I think I already gave all of my money to my financial advisor. Nice article. Although I am not sure I want to take my losses and I think I already gave all of my money to my financial advisor.

]]> By: Favorite posts of the week « Save Money, Make Money http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7298 Favorite posts of the week « Save Money, Make Money Sat, 20 Dec 2008 06:35:01 +0000 http://www.mydollarplan.com/?p=690#comment-7298 [...] 17 Tips for End of the Year Tax Planning at mydollarplan.com [...]

[...] 17 Tips for End of the Year Tax Planning at mydollarplan.com [...]

]]> By: Eric J. Nisall http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7295 Eric J. Nisall Fri, 19 Dec 2008 15:47:50 +0000 http://www.mydollarplan.com/?p=690#comment-7295 This is a nice comprehensive list. I would also recommend to pay any college tuition for the upcoming semester by the end of the month, and to take care of any medical issues by the end of the month if it will help bump your total expenses over the 7.5% of AGI floor for deduction purposes. I especially agree with getting all of the documents organized. Organization is a big key in making sure that everything is covered and enables you to be an early filer. @gt: The IRA contributions can be claimed up until the ordinary deadline for the current filing year, which this year is April 15th (filing an extension does not extend the ability to contribute to an IRA). Sometimes the deadline gets pushed back depending on what day the 15th falls, as it did in 2007, when April 15th was a Sunday, but April 16th was a federal holiday so the filing deadline became the 17th of April. Regarding the 529 plans, a Coverdell ESA plan shares the same deadline as the IRA but any other 529 plans have their own rules in place (I believe) for many features. This is a nice comprehensive list. I would also recommend to pay any college tuition for the upcoming semester by the end of the month, and to take care of any medical issues by the end of the month if it will help bump your total expenses over the 7.5% of AGI floor for deduction purposes. I especially agree with getting all of the documents organized. Organization is a big key in making sure that everything is covered and enables you to be an early filer.

@gt:
The IRA contributions can be claimed up until the ordinary deadline for the current filing year, which this year is April 15th (filing an extension does not extend the ability to contribute to an IRA). Sometimes the deadline gets pushed back depending on what day the 15th falls, as it did in 2007, when April 15th was a Sunday, but April 16th was a federal holiday so the filing deadline became the 17th of April. Regarding the 529 plans, a Coverdell ESA plan shares the same deadline as the IRA but any other 529 plans have their own rules in place (I believe) for many features.

]]> By: Friday Finance Findings for December 19th : Generation X Finance http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7294 Friday Finance Findings for December 19th : Generation X Finance Fri, 19 Dec 2008 15:27:48 +0000 http://www.mydollarplan.com/?p=690#comment-7294 [...] 17 Tips for End of Year Tax Planning -Yes, the clock is ticking down for the 2008 tax year, and time is running out if you want to take advantage of any remaining deductions. My Dollar Plan has 17 great tips to help you make the most of your tax situation this year. [...]

[...] 17 Tips for End of Year Tax Planning -Yes, the clock is ticking down for the 2008 tax year, and time is running out if you want to take advantage of any remaining deductions. My Dollar Plan has 17 great tips to help you make the most of your tax situation this year. [...]

]]> By: gt http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7290 gt Thu, 18 Dec 2008 21:02:10 +0000 http://www.mydollarplan.com/?p=690#comment-7290 thanks. this kind of helps. something more helpful would be what is due when. some stuff can be done up until 4/15, like ira contributions. but it looks like 529 contributions need to be done by year end? wish there was a list specifying this.. thanks. this kind of helps. something more helpful would be what is due when. some stuff can be done up until 4/15, like ira contributions. but it looks like 529 contributions need to be done by year end? wish there was a list specifying this..

]]> By: Miranda http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7287 Miranda Thu, 18 Dec 2008 16:41:42 +0000 http://www.mydollarplan.com/?p=690#comment-7287 Now is the time I start getting everything together for my taxes. This will be a very helpful checklist. Now is the time I start getting everything together for my taxes. This will be a very helpful checklist.

]]> By: FFB http://www.mydollarplan.com/17-tips-for-end-of-year-tax-planning/#comment-7286 FFB Thu, 18 Dec 2008 15:41:34 +0000 http://www.mydollarplan.com/?p=690#comment-7286 Great list of ideas! I need to get working on my taxes. Great list of ideas! I need to get working on my taxes.

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