Tax Forms New City NY

The time is just about right to file for income taxes. The deadline is April 15th, and you should do what you can to avoid missing the deadline. Otherwise, you end up having pay penalties, which is totally unnecessary. When filing for individual income tax, there are 3 types of forms that you can use. Be sure to pick the right form.

Local Companies

Sarene Paula Shanus
914-777-1100
347 ORIENTA AVE
MAMARONECK, NY
Lisa M. Sassone
914-949-1305
90 Maple Ave
White Plains, NY
Salvatore Marcello Bonavita
914-629-7874
222 Country Ridge Rd
Scarsdale, NY
James Howard Simmons
914-631-3248
Po Box 722
Sleepy Hollow, NY
Rachel Catherine Zaffrann
212-416-8487
101 E Post Rd
White Plains, NY
Lisa L. Wallace
917-351-1188
145 Huguenot St
New Rochelle, NY
Milton A. Chambers
914-997-1380
1 Barker Ave
White Plains, NY
John Paul Savoca
914-946-1600
1 Barker Ave Ste 135
White Plains, NY
Raymond A. D'Onofrio
914-683-0505
3 Barker Ave Ste 290
White Plains, NY
Linda S. Brown
914-428-8800
1025 Westchester Ave
White Plains, NY
Data Provided by:
  

Provided By:

1040Ez - Choose The Right Forms To Use When Filing For Taxes

Author: Gen Wright

The time is just about right to file for income taxes. The deadline is April 15th, and you should do what you can to avoid missing the deadline. Otherwise, you end up having pay penalties, which is totally unnecessary. When filing for individual income tax, there are 3 types of forms that you can use. Be sure to pick the right form.

1) 1040 EZ

This is perhaps the most commonly used form. You can use this form if:

- Your income is less than $100k

- You are filing as a single, or you are filing jointly as a married couple

- Both you and your spouse are under the age of 65, and both of you are not blind.

- There are no dependents in your claim.

- You earn less than $1,500 in interest income.

2) 1040 A

- Your income is less than $100k

- You have capital gains to declare.

- You are claiming certain tax credits.

- You claim deductions for special items (e.g. student loan interest, tuition fees, etc)

If you don't fall into either one of the categories above, you probably need to fill in the 1040 form.

3) 1040

- Taxable income is above $100k

- There is income from sale of property.

- There are tax deductions.

- You have self employed income to declare.

Choosing the right form to use is important because if you make mistakes when filing for your tax returns, you will be asked to file again. Of course, if you file early enough, you may still be able to meet the April 15th deadline. But if there is not enough time, you may have to meet the October 15th deadline. For the second deadline, penalties apply. So you want to avoid being in this situation.

One way to file quickly and get the job done well is to efile. When you efile, the information you submit is sent directly to the IRS for processing. The process can take between 7 to 10 days. If you qualify for income tax refunds, the funds can be deposited directly into your bank account. The entire time frame, from the point you submit your tax returns, to the time you get the cash in your account, is only about 14 days. This speed is impossible to achieve if you choose the manual filing route.

On an authorized efile website (look out for the IRS logo), there will be a list of supported forms. Of course, all the commonly used forms are supported - 1040EZ, 1040A, 1040, etc. To efile, just create an account with your SSN number. Once an account is created, you can use back the same account to efile again.

Login with your password and user name (your SSN number) and the efiling process will begin. Simply follow the instructions to complete the filing.About the Author:

Learn more about 1040ez and filing tax return from our website.

Article Source: http://www.articlesbase.com/credit-articles/1040ez-choose-the-right-forms-to-use-when-filing-for-taxes-790785.html

Related Articles
- Investment Property Mortgages New City NY
Obtaining investment property mortgages is essential if you want to grow your property management business and become a successful landlord. Fortunately working with a mortgage lender doesn't have do be an impossible challenge as long as you prepare well and know what to expect ahead of time.
- Education Loans New City NY
- Tax Professionals Help Avoid Tax Debts New City NY
- Management of Income New City NY
- Financial Statement Creation New City NY
- Getting Money for College New City NY
- Personal Loans Guide New City NY
- Tax Preparation Timeline New City NY
- Disability Insurance New City NY
- Negotiation a Delay in Loan Payments New City NY