F... Filing Taxes

[firstdown]

Originally Posted by Monkeydad

I did mine two weeks ago...money is in the bank.

My weapon of choice is TaxACT | Free Tax Preparation Software, File Taxes Online, Free E-filing . It's free. I've used it for many years, way before they even had a commercial on TV. I'm an accountant so I can do paper forms if I need to, but this website can walk a novice through and error-check it as well. I love it.

I refuse to PAY to file my taxes, that's insult to injury. The Government is already legally plundering enough from me, why lose more money figuring out how much was stolen from me last year?

Also, it pays to have kids. Literally.

Not for everyone. Even though Obama has said over and over again he will not raise taxes on anyone making under $250,000 he has.

Limitations - The credit is limited if your modified adjusted gross income is above a certain amount. The amount at which this phase-out begins varies depending on your filing status. For married taxpayers filing a joint return, the phase-out begins at $110,000. For married taxpayers filing a separate return, it begins at $55,000. For all other taxpayers, the phase-out begins at $75,000. In addition, the Child Tax Credit is generally limited by the amount of the income tax you owe as well as any alternative minimum tax you owe.