Adoption Credit and Adoption Assistance Programs
Tax benefits for adoption include both a tax credit for qualified adoption expenses paid to adopt an eligible child and an exclusion from income for employer-provided adoption assistance.
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Checklist of Common Tax Return Errors
Before filing your return, make sure it's correct and complete. The following checklist may help you avoid common errors.
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Do a "Paycheck Checkup"
Use the Withholding Calculator to make sure you have the right amount of tax.
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Earned Income Tax Credit
The Earned Income Tax Credit (EITC) is a financial boost for workers earning $48,362 or less a year.
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Ensuring Proper Credit of Payments
If you have a balance due on your personal tax return, paying electronically is a convenient way to pay your federal taxes.
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Extensions of Time to File Your Tax Return
There are three ways to request an automatic extension of time to file your U.S. individual income tax return.
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Foreign Currency and Currency Exchange Rates for U.S. Tax Returns
If you receive all or part of your income or pay some or all of your expenses in foreign currency, you must translate the foreign currency into U.S. dollars. How you do this depends on your functional currency.
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Foreign Tax Credit
The foreign tax credit intends to reduce the double tax burden that would otherwise arise when foreign source income is taxed by both countries.
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Free Tax Return Preparation for Qualifying Taxpayers
The Internal Revenue Service's (IRS's) Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs offer free basic tax return preparation to qualified individuals.
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Hiring Household Employees
You have a household employee if you hired someone to do household work and that worker is your employee.
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How to Choose a Tax Return Preparer
If you choose to have someone prepare your tax return, choose that preparer wisely.
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How to Get a Copy or Transcript of Your Tax Return
There are different ways to obtain tax return information. Most requests can be satisfied with a computer printout of your return information called a transcript.
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How Your Income Tips Are Taxed
If you work in an occupation where tips are part of your total compensation, you need to be aware of several facts relating to your federal income taxes. This article contains four tips from the Internal Revenue Service (IRS) about tip income.
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IRS Offers Tips for Disaster Preparedness
The Internal Revenue Service (IRS) wants to remind taxpayers to prepare for hurricanes and other natural disasters in advance.
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Marriage and Your Premium Tax Credit
If you're a newlywed, be sure to add a health insurance review to your to-do list.
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Notifying the IRS of a Change of Address
If your address has changed, you need to notify the Internal Revenue Service (IRS) to ensure you receive any IRS refund or correspondence.
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Prior Year Tax Information With Get Transcript
You can get various Form 1040-series transcript types online or by mail.
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Social Security Numbers for Children
You need a Social Security number to claim your child as a dependent on your income tax return.
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Summer Newlyweds: Think About Taxes
Newlyweds have a lot to think about, and taxes might not be on the list.
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Tax Assistance for Individuals with Disabilities
Special assistance is available for persons with disabilities.
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Tax Credits for Education
If you pay for college, you may receive some tax savings on your federal tax return, even if you're studying outside of the U.S.
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Tax Credits Versus Tax Deductions
As you know, tax credits and tax deductions can help reduce your overall income tax liability.
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Tax Scams: How to Report Them
Participating in an illegal scheme to avoid paying taxes can result in imprisonment and fines.
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Tax Tips for Name Changes
If you changed your name as a result of a recent marriage or divorce you'll want to take the necessary steps to ensure the name on your tax return matches the name registered with the Social Security Administration (SSA).
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Tax Topics: Refund Information
It's possible that some tax returns may require further review and could take longer than 21 days.
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Tax Topics: Your Appeal Rights
The Internal Revenue Service (IRS) has an appeals system for people who do not agree with the results of an examination of their tax returns or with other adjustments to their tax liability.
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Taxation of U.S. Residents
A U.S. resident's income is generally subject to tax in the same manner as a U.S. citizen.
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Taxpayer Advocate Service: Your Voice at the IRS
The Taxpayer Advocate Service (TAS) is your voice at the Internal Revenue Service (IRS).
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Teen Tax Tips: Starting a Summer Job
Once school's out, many students will start summer jobs…from working at a summer camp to being an office intern.
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Ten Facts About Mortgage Debt Forgiveness
If you are a homeowner whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income.
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Ten Things to Know About the Child and Dependent Care Credit
If you paid someone to care for your child, spouse, or dependent last year, you may be able to claim the Child and Dependent Care Credit on your federal income tax return.
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Top 10 Tips About Free Tax Preparation
Each year millions of people have their tax returns prepared for free by volunteers.
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Two Tax Credits Help Pay Higher Education Costs
There are two federal tax credits available to help you offset the costs of higher education for yourself or your dependents.
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Your Social Security Number and Card: Checking Your Records
It is critical that your name and Social Security number on your Social Security card agree with your employer's payroll records and W-2 so that the Social Security Administration can credit your earnings to your record.
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Your Social Security Number and Card: Name Change
If you legally change your name because of marriage, divorce, court order, or any other reason, you need to inform the Social Security Administration so that you can get a corrected card.
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