H&R Block is hooking up readers with free federal tax filing today. It’s our Free Money Friday deal this week! H&R Block gave me six free activation codes for the Federal Premium version, so I’m giving them away to readers. How to Get Free H&R Block Codes Leave a comment below by Friday January 21, [...]
Update: For information on the current year tax filing delay, see tax refund delay. Tax Delay 2010 Do you itemize deductions? If so, you might be subject to the IRS tax filing delay this year. With the passing of the Social Security tax break, deductions for state and local sales taxes, an AMT patch, tuition [...]
New AMT Exemption in the 2011 Tax Cuts
Posted byThe big news about the Obama tax compromise revolves around the Payroll Tax Cut and the extension of the 2001 Bush Tax Cuts. But the tax deal that was passed at the very end of the last Congress included an “AMT patch” to fix to the alternative minimum tax, or AMT. What is the AMT? [...]
How much money do you have to make to file taxes? What is the minimum income to file taxes? Every year, those are familiar questions that I get. Let’s take a look at the requirements for the minimum income to file taxes in 2010. 2010 Minimum Income Requirements For the 2010 tax year, you need [...]
There’s been lots of news recently regarding the tax compromise that President Obama struck with congressional Republicans. With the extension of the Bush tax cuts, people at all income levels will see their income tax brackets remain the same through 2012, and the AMT exemptions expanded. The tax compromise also calls for a reduction of an [...]