Tax Forms Saint James 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

James Michael Miaritis
120 Old Field Rd
Setauket, NY
Richard Charles Hamburger
631-694-2400
225 Broadhollow Rd Ste 301e
Melville, NY
Christopher H. Thompson
631-249-9500
Po Box 824
Melville, NY
Lauren Miller
16 Hunting Hill Rd
Woodbury, NY
William J. Raniolo
631-219-2535
15 Woodhull Rd
East Setauket, NY
Brooke L. Anthony
631-277-7086
136 E Main St
East Islip, NY
Richard C Hand
631-422-4900
1801 House Argyle Square
Babylon, NY
Maryann Totino
631-712-5670
100 Federal Plz
Central Islip, NY
Richard Benson Stafford
631-422-4000
4875 Sunrise Hwy Ste 300
Bohemia, NY
Leo Kornfeld
631-952-6816
220 Rabro Dr
Hauppauge, 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
- Disability Insurance Saint James NY
Many individuals don't even think about having disability insurance until an incident arises and they need disability insurance. Planning for unforeseen events is necessary if one wants to have the appropriate coverage in the event of an accident. Disability Insurance is a policy that will help an individual make it through unforeseeable events financially in the event of an accident or illness.
- Tax Professionals Help Avoid Tax Debts Saint James NY
- Getting Money for College Saint James NY
- Negotiation a Delay in Loan Payments Saint James NY
- Education Loans Saint James NY
- Financial Statement Creation Saint James NY
- Management of Income Saint James NY
- Tax Preparation Timeline Saint James NY
- Investment Property Mortgages Saint James NY
- Personal Loans Guide Saint James NY