Tax Forms Rosedale 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

Kathryn Howell Baxter
212-398-4865
1221 6th Ave Ste C1c
New York, NY
Philip R. Katowitz
212-233-1477
320 7th Ave Pmb 255
Brooklyn, NY
Pauline Arnakis
212-331-2813
1755 Broadway
New York, NY
Julie Matthes
631-598-2200
121 W Oak St
Amityville, NY
David Gordon Lehv
212-468-4800
1740 Broadway
New York, NY
Zachary Kolkin
212-225-2933
One Liberty Plaza
New York, NY
Laura G. Ross
212-794-2579
770 Park Ave
New York, NY
Stephen Cerniglia
212-912-7487
2 World Financial Ctr
New York, NY
Dawn Lynnette Rudenko
212-277-6715
1177 Avenue Of The Americas
New York, NY
Glen Robert Farbanish
212-294-7733
110 E 59th St Fl 6th
New York, 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
- Tax Professionals Help Avoid Tax Debts Rosedale NY
The key to avoiding tax debts, back taxes and IRS audits it to ensure that your tax returns are completely accurate. Many people are comfortable using the available software programs and other technology to file their own taxes.
- Investment Property Mortgages Rosedale NY
- Tax Preparation Timeline Rosedale NY
- Disability Insurance Rosedale NY
- Financial Statement Creation Rosedale NY
- Management of Income Rosedale NY
- Personal Loans Guide Rosedale NY
- Getting Money for College Rosedale NY
- Education Loans Rosedale NY
- Negotiation a Delay in Loan Payments Rosedale NY