As you know, if you work for someone else, you will need to have your W-2  from each of your employer in order for you to prepare and file your taxes. A W-2 is a Wage and Tax statement that shows the following information: - your gross salary and/or wages - federal and/or state taxes are withheld - social security and Medicare taxes - Retirement … [Read more...] about What To Do If You Still Have Not Received Your W-2
Tax Filing Resources
How To Check The Status of Your Tax Refund Check
Because of the recent changes in tax laws for tax year 2010, taxpayers are unable to e-file their returns until February 14, 2011 to allow the IRS to change their system. You can always receive your refund faster if you e-file your tax return and use the direct deposit method. Normally, the turn around time for this is estimated at 10 days. On the other hand, if you mail your … [Read more...] about How To Check The Status of Your Tax Refund Check
4 Payment Options You Can Use If You Owe Taxes
You should be able to determine if you owe any taxes as soon as your tax return is complete. In some cases, such as filing an extension, you need to be able to estimate how much taxes you owe. You can also have the IRS calculate the tax for you and the IRS will send you a bill. You should pay the bill within 30 days (or by the due date of your return). If you owe taxes and are … [Read more...] about 4 Payment Options You Can Use If You Owe Taxes
Why You Should File A Tax Return Even If You’re Not Required To
On my previous post, we discussed the various filing requirements for various filing statuses. and whether or not you are  required to file an income tax return. Some taxpayers are not required to file because their gross income is less than the sum of their standard deduction and personal exemption. The reason for this is that you will not owe any taxes or your tax … [Read more...] about Why You Should File A Tax Return Even If You’re Not Required To
Are You Required To File A Tax Return
Not everybody is required to file an income tax return. If you are a US citizen or resident, usually, the filing requirements depends on your gross income, filing status and age. In general, if your adjusted gross income (AGI) is less than your standard deduction and the allowed personal exemptions, then you do not have to file a return. For year 2010, the following are the … [Read more...] about Are You Required To File A Tax Return