TurboTax.com Daily Tax Tip

TurboTax® - What to Do After You've Filed an Income Tax Extension

Now that you've bought six extra months by filing an income tax extension, you might be wondering what you need to do between now and October 15, 2013 when your 2012 tax return is due. We've addressed some of the most common questions below.

Brought to you by TurboTax.com

TurboTax® - What Is the Minimum Monthly Payment for an IRS Installment Plan?

Can't afford to pay your income taxes? You may be able to qualify for an installment plan with the Internal Revenue Service. The minimum monthly payment for your plan depends on how much you owe.

Brought to you by TurboTax.com

TurboTax® - Can't File by the Deadline? Top 3 Reasons to File a Tax Extension

The Internal Revenue Service allows taxpayers to file for a six-month extension if they need more time to prepare their tax return. You can obtain a tax extension for any reason; the IRS grants them automatically as long as you complete the proper form on time. Check your state tax laws; some states accept IRS extensions while others require you to file a separate state extension form.

Brought to you by TurboTax.com

TurboTax® - Tax Return Filing and Payment Extensions for the Military

The Internal Revenue Service recognizes the fact that members of the United States armed forces are often deployed outside of the U.S. at tax time and gives many military and support personnel an extension on their tax deadlines.

Brought to you by TurboTax.com

TurboTax® - What Are Deductible Investment Interest Expenses?

In general, you can deduct interest paid on money you borrow to invest, although there are restrictions on how much you can deduct and which investments actually qualify you for the deduction.

Brought to you by TurboTax.com

TurboTax® - States with the Highest and Lowest Taxes

Where you live can help or hinder your ability to make ends meet. A myriad of taxes -- property, license, state and local sales, property, inheritance, estate and excise taxes on gasoline -- eat away at your disposable income. Weighing the tax landscape against your financial picture lets you stretch your dollars.

Brought to you by TurboTax.com

TurboTax® - Employee Stock Purchase Plans

Get information about how your employee stock purchase plan can impact your taxes.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Foreclosures

Understanding the tax ramifications of the foreclosure process can help minimize the financial consequences. There are several possible outcomes of a bank foreclosure, and each will affect your taxes differently.

Brought to you by TurboTax.com

TurboTax® - At Ease Soldier: Extensions for Military Personnel

One of the most important tax advantages for military personnel is the filing extension available to soldiers who are on active duty overseas. The extension allows the soldier and his family some flexibility in filing and paying taxes during active service.

Brought to you by TurboTax.com

TurboTax® - Tax Tips After You Retire

Even if your current retirement income plan doesn't provide maximum tax benefits, you can still restructure your payment strategies to optimize your tax results.

Brought to you by TurboTax.com

TurboTax® - Guide to Filing Taxes as Head of Household

The IRS has provided a series of guidelines to help taxpayers understand whether or not they qualify to file as head of household.

Brought to you by TurboTax.com

TurboTax® - Guide to IRS Form 14039: Identity Theft Affidavit

If you find yourself a victim of identity theft or find yourself at risk of having your identity stolen, you can alert the IRS about your situation with Form 14039 Identity Theft Affidavit.

Brought to you by TurboTax.com

TurboTax® - What Online Business Owners Should Know About IRS Form 1099-K

If you are an online retailer and accept credit card payments over the Internet, you may also have to deal with reporting any 1099-K forms that you receive from credit card or third party processors. Accounting for these forms accurately is important to ensure that you do not pay too much or too little tax.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for the Blind

Anyone whose field of vision falls at or below 20 degrees, who wears corrective glasses but whose vision is 20/200 or less in his best eye, or who has no eyesight at all, meets the legal definition of being blind and is eligible for certain tax deductions.

Brought to you by TurboTax.com

TurboTax® - What Is Tax Form 8834 for Qualifying Electric Vehicle Tax Credits

To qualify for the Form 8834 tax credit, you must have been the original purchaser of a two- or three-wheeled electric vehicle, or a low-speed four-wheeled electric vehicle between February 17, 2009 and December 31, 2011.

Brought to you by TurboTax.com

TurboTax® - Identity Theft: What to Do if Someone Has Already Filed Taxes Using Your Social Security Number

If someone uses your information to file a fraudulent tax return, he or she is looking to get your tax refund. You'll want to work with the IRS as soon as you discover the identity theft to ensure that your actual return is processed as quickly as possible.

Brought to you by TurboTax.com

TurboTax® - Filing IRS Form 1116 to Claim the Foreign Tax Credit

To avoid making expatriates, military personnel stationed abroad and international mutual fund investors pay taxes to two countries, the Internal Revenue Service gives them a choice: They can deduct their foreign taxes on Schedule A, like other common deductions, or they can use Form 1116 for a tax credit and subtract the taxes they paid to another country from whatever they owe the IRS.

Brought to you by TurboTax.com

TurboTax® - 4 Ways to Protect Your Inheritance from Taxes

Received an inheritance of cash, investments, or property? Here are four ways that can help you keep it from being swallowed up by taxes.

Brought to you by TurboTax.com

TurboTax® - How to Calculate Your Lifetime Learning Tax Credit on IRS Form 8863

Tax credits like the Lifetime Learning Tax Credit (LLTC) provide a dollar-for-dollar reduction of your taxes owed, rather than the reduction in your taxable income that is offered by a deduction. You must qualify according to Internal Revenue Service criteria before you can claim the LLTC.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Retirement

Saving for retirement? TurboTax can help with your 401(k), IRA, stock options, Social Security, pensions, annuities and more.

Brought to you by TurboTax.com

TurboTax® - Getting Married

Just got married? How will it affect your taxes? You'll have to choose a tax filing status, adjust your withholdings, and coordinate tax-favored benefits at work.

Brought to you by TurboTax.com

TurboTax® - Estates and Trusts

Did you receive a payment or other property from an estate or trust during the year? If so, here's what you need to know about how it affects your taxes.

Brought to you by TurboTax.com

TurboTax® - Child Tax Credit

Depending on your income and the age of your children, you could score a hefty income tax credit and possibly earn a tax refund.

Brought to you by TurboTax.com

TurboTax® - Last Chance to Claim Your Tax Refund

The law gives taxpayers who fail to file their income taxes three years to submit a return and claim a refund. The three-year countdown starts on the original due date.

Brought to you by TurboTax.com

TurboTax® - How an S-Corp Can Reduce Your Self-Employment Taxes

If you're self-employed, one way to help avoid higher Social Security and Medicare taxes is to organize your business as an S-corporation.

Brought to you by TurboTax.com

TurboTax® - Five Tax Tips for Community Property States

Community property laws view marriage as a partnership in which both spouses equally share the income and assets they acquire after the wedding. Nine states -- Wisconsin, Washington, Texas, New Mexico, Nevada, Louisiana, Idaho, California and Arizona -- have community property statutes that affect a married couple's federal income tax return.

Brought to you by TurboTax.com

TurboTax® - 10 Tax Tips for the Suddenly Unemployed

If you are facing unexpected unemployment, you may be eligible for a variety of income tax benefits.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Registered Domestic Partners and Same-Sex Couples in Community Property States

As of 2012, the IRS follows DOMA - the Defense of Marriage Act - which only recognizes marriage between a man and woman. Domestic partners, therefore, can submit only individual 1040s; they cannot file jointly. How you handle 1040 forms depends on which community property state you call home.

Brought to you by TurboTax.com

TurboTax® - Form W-4 and Your Take-Home Pay

Find out how to adjust your W-4 withholding so you're not giving Uncle Sam a big interest-free loan, or setting yourself up for a big tax bill come tax time. TurboTax can help.

Brought to you by TurboTax.com

TurboTax® - Deduction for Higher Education

The Tuition and Fees Deduction allows you to deduct up to $4,000 from your income for qualifying tuition expenses paid for you, your spouse, or your dependents.

Brought to you by TurboTax.com

TurboTax® - What Does It Mean that Taxes Are Voluntary?

In the United States, it isn't the payment of tax that's voluntary. Rather, it's the manner in which people submit their own taxes.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for the Legally Disabled

Several tax breaks are available for people living with disabilities. These tax breaks aren't always obvious, though. You have to know where to look for them.

Brought to you by TurboTax.com

TurboTax® - Hurricane Sandy Tax Relief

Several tax provisions were put in effect to help taxpayers who live or do business in areas affected by Hurricane Sandy - but a number of those provisions expired on Feb. 1, 2013.

Brought to you by TurboTax.com

TurboTax® - Do I Have to File a Tax Return if I Don't Owe Tax?

The IRS has restrictive guidelines for determining who needs to file, which means even if you don't owe, you may still have to submit a tax return.

Brought to you by TurboTax.com

TurboTax® - Serving Uncle Sam: Tax Breaks for the Military

Military families are eligible for special tax breaks from the government. Many are also eligible for free tax filing with TurboTax.

Brought to you by TurboTax.com

TurboTax® - A Salute to Savings: Tax Benefits for the Armed Forces

If you're serving in the armed forces, it's important to understand your military tax advantages so you can make the most of them when filing your tax return.

Brought to you by TurboTax.com

TurboTax® - Guide to 1098 Tax Forms

Of the four IRS tax forms with the 1098 number, the one that's probably most familiar to taxpayers tells you how much you paid in mortgage interest. Others report certain charitable donations, tuition expenses and student loan interest.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form W9?

IRS Form W9 is most commonly used by individuals when they are working as a freelancer or independent contractor.

Brought to you by TurboTax.com

TurboTax® - Top Reasons Your Tax Refund Could Be Delayed

Most tax returns today are processed within three weeks, with many filers receiving their refunds even sooner. Simple errors or oversights can lead to a delay of your tax refund.

Brought to you by TurboTax.com

TurboTax® - Guide to Tax Form 1098-T: Tuition Statement

Eligible colleges or other post-secondary institutions must send Form 1098-T to any student who paid "qualified educational expenses" in the preceding tax year. Qualified expenses include tuition, any fees that are required for enrollment, and course materials the student was required to buy from the school.

Brought to you by TurboTax.com

TurboTax® - Top 5 Reasons to Adjust Your W-4 Withholding

Common lifestyle changes, like getting a job or getting married, can change your tax liability. To avoid being caught off guard by an unexpected tax bill or huge tax refund, you'll need to adjust your withholdings on your paycheck.

Brought to you by TurboTax.com

TurboTax® - What Is the Difference Between AGI and MAGI on Your Taxes?

Your adjusted gross income, or AGI, is an important line item on your taxes, as it affects your eligibility for certain other tax credits or exemptions. The same is true of your modified adjusted gross income, or MAGI.

Brought to you by TurboTax.com

TurboTax® - Video: Who You Can Claim as a Dependent on Your Tax Return

Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. You could get $3,650* off your taxable income for each dependent you claim. So who can you claim? *$3,800 in 2012.

Brought to you by TurboTax.com

TurboTax® - Can I Claim a Boyfriend/Girlfriend As a Dependent on Income Taxes?

You can claim a boyfriend or girlfriend as a dependent on your federal income taxes if that person meets the IRS definition of a "qualifying relative."

Brought to you by TurboTax.com

TurboTax® - Alternative Minimum Tax: Common Questions

The Alternative Minimum Tax (AMT) was designed to keep wealthy taxpayers from using loopholes to avoid paying taxes. But because it was not automatically updated for inflation, more middle-class taxpayers were getting hit with the AMT each year. Congress traditionally passed an annual "patch" to address this until, in January 2013, as part of the "fiscal cliff" deal, they passed a permanent patch to the AMT.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Landlords

Here are some often-overlooked tax tips that can help you manage the tax side of your rental property.

Brought to you by TurboTax.com

TurboTax® - Top Red Flags That Trigger an IRS Audit

Certain red flags in a tax return are sure to draw scrutiny by the IRS. Some are easy to sidestep. Others, can't be helped.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Employees who Work at Home

If you're an employee who works at home, you may be eligible for tax deductions that are unavailable to in-office employees.

Brought to you by TurboTax.com

TurboTax® - The Tax Benefits of Your 401(k) Plan

Your contributions to a qualified 401(k) may lower your tax bill and help you build financial security.

Brought to you by TurboTax.com

TurboTax® - How to Maximize Your Itemized Tax Deductions

Since you can decide every year whether you want to take the standard deduction or not, careful tax planning can help you maximize your deductions in years you itemize.

Brought to you by TurboTax.com

TurboTax® - When Married Filing Separately Will Save You Taxes

If you're married, there are circumstances where filing separately can save you money on your income taxes.

Brought to you by TurboTax.com

TurboTax® - State Tax Filing for Same-Sex Couples

With this new right comes new tax complications for qualifying couples in California, Connecticut, the District of Columbia, Illinois, Iowa, Massachusetts, New Hampshire, New Jersey, New York, Oregon and Vermont.

Brought to you by TurboTax.com

TurboTax® - Hidden Federal Taxes You Pay

Federal taxes are attached to many of the items we purchase on a regular basis. The reason we don't notice or consider these taxes is that they're hidden in the purchase price of the item we're buying.

Brought to you by TurboTax.com

TurboTax® - Myths About Doing Your Own Taxes

While a professional tax adviser may help in certain situations, in many cases taxes can be relatively simple. Like many things in life, once you've filed your own taxes once, a lot of the drama vanishes.

Brought to you by TurboTax.com

TurboTax® - Should I Include a Dependent's Income on My Tax Return?

It may be easier and less expensive to include dependents' income on your tax return rather than have them file their own return - in certain circumstances.

Brought to you by TurboTax.com

TurboTax® - 8 Tax Terms You Should Know

With the proper use of tax deductions and exemptions, you can be sure that you're only paying the amount of tax that you legally owe.

Brought to you by TurboTax.com

TurboTax® - 2012 Tax Forms for Federal and State Taxes

TurboTax software programs include the tax forms you're likely to need to file your federal and state taxes. And the great thing is they guide you through your tax return so you don't need to know which tax forms to file.You can also find all federal forms and state tax forms at the links below.

Brought to you by TurboTax.com

TurboTax® - Combat Pay, Tax Style: Benefits When Serving in a Hot Zone

Any form of pay earned while on deployment in a combat zone is excluded from federal income tax. This translates to a significant tax savings on that income for the active service member in combat and his family back home.

Brought to you by TurboTax.com

TurboTax® - Worst Tax States When on a Tight Budget

State tax structures are highly complex and can eat at your personal finances in a variety of ways that aren't immediately obvious.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Low-Income Filers

If you're a low-income filer, you might be entitled to various tax credits and deductions for which other taxpayers don't qualify.

Brought to you by TurboTax.com

TurboTax® - When to Use Tax Form 1099-C for Cancellation of Debt

In most situations, if you receive a Form 1099-C from a lender after negotiating a debt cancellation with them, you'll have to report the amount on that form to the Internal Revenue Service as taxable income. Certain exceptions do apply.

Brought to you by TurboTax.com

TurboTax® - Tax Preparation Checklist

Before you begin to prepare your income tax return, go through the following checklist. Not every category will apply to you, so just pick those that do, and make sure you have that information available. When you're ready to prepare your tax return using TurboTax software, you'll be surprised at how much time you'll save by organizing your information beforehand.

Brought to you by TurboTax.com

TurboTax® - Should I Use IRS Form 2106 or 2106-EZ for Non-Reimbursed Work-Related Expenses?

The IRS has Forms 2106 and 2106-EZ for claiming non-reimbursed expenses you incur during your normal course of work. There are a few factors you'll want to consider when deciding which form to use.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Short Sales

Understanding how a short sale or restructure will be viewed by the Internal Revenue Service can help you plan your tax situation ahead of time.

Brought to you by TurboTax.com

TurboTax® - Guide to Short-term vs Long-term Capital Gains Taxes (Brokerage Accounts, etc.)

Not all capital gains are treated equally. The tax rate can vary dramatically between short-term and long-term gains. Generating gains in a retirement account, such as a 401(k) plan or an IRA, can also affect your tax rate.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Separated Couples

Separated couples face choices that can have significant tax consequences. Some of these choices can be made independently; others require you to communicate with each other.

Brought to you by TurboTax.com

TurboTax® - 5 Things You Should Know About Refundable Tax Credits

There are two types of tax credits available for taxpayers: refundable and nonrefundable. Both types offer you the chance to lower the amount of taxes you owe, but refundable credits can also get you a tax refund when you don?t owe any tax.

Brought to you by TurboTax.com

TurboTax® - 7 Free Things That Are Actually Free and What's in it for "Them"

There are many "free" offers today that seem to be too-good-to-be-true. However, many of these offers are legitimate and you can score something for free. Find out why certain offers are free, and what is really in it for "them."

Brought to you by TurboTax.com

TurboTax® - Filing an Income Tax Extension

If you can't complete your federal tax return by the deadline, find out how and when to file for an extension with these tips from TurboTax.

Brought to you by TurboTax.com

TurboTax® - Real Estate Tax and Rental Property

If you own investment or rental property, TurboTax will help you with deductions, depreciation, and getting your biggest possible refund.

Brought to you by TurboTax.com

TurboTax® - Cost Basis: Tracking Your Tax Basis

Cost Basis or Tax Basis? Whatever you call it, don't fear it. TurboTax helps you figure it out, and makes preparing your tax return easier.

Brought to you by TurboTax.com

TurboTax® - Tax Breaks and Home Ownership

Home ownership brings with it not only many trips to home improvement stores, but also a slew of tax breaks. It's up to you to take full advantage of the write-offs available to you. Here's what you can and can't deduct.

Brought to you by TurboTax.com

TurboTax® - How to Check Your Tax Refund Status

The IRS has made it easy to check the status of your income tax return online with their "Where's My Refund" page.

Brought to you by TurboTax.com

TurboTax® - Charitable Contributions You Think You Can Claim but Can't

Knowing what you can and can't claim as charitable contributions helps you maximize the potential tax savings that the charitable tax deduction offers.

Brought to you by TurboTax.com

TurboTax® - 5 Hidden Ways to Boost Your Tax Refund

Most of us are looking for ways to pay no more than we owe in taxes, or even boost our tax refunds. Here are five strategies that go beyond the obvious with tried-and-true ways to reduce your tax liability.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for the Deaf

One in five Americans has a severe hearing loss, yet may not be aware of the special tax deductions and credits allowed by the Internal Revenue Service.

Brought to you by TurboTax.com

TurboTax® - Filing 2012 Taxes: Your Go-To Guide

Whether it's the extended tax deadline, or expiring credits and deductions, we bring you everything you need to know to file your 2012 taxes with confidence.

Brought to you by TurboTax.com

TurboTax® - The 5 Biggest Tax Credits You Might Qualify For

Identifying which credits apply to you can be a big help as you prepare to file your income tax return.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 6251?

Form 6251 is used by taxpayers to calculate their AMT or to determine if they are subject to it.

Brought to you by TurboTax.com

TurboTax® - 5 Great Tips for Your 2012 Taxes

A new year is here and with it, new tax laws. Here are some suggestions about the best ways to navigate those new laws to make sure 2012 is your best tax year ever.

Brought to you by TurboTax.com

TurboTax® - Take Advantage of Two Education Tax Credits

The new American Opportunity credit and the more familiar Lifetime Learning credit can make higher education costs more affordable.

Brought to you by TurboTax.com

TurboTax® - Tax Law Changes That Can Fatten Your Refund

Here are some recent changes in the tax law with an explanation of how much they can save you for 2010.

Brought to you by TurboTax.com

TurboTax® - Fatten Your Paycheck and Still Get a Tax Refund

If you usually get a tax refund, but would like to start putting more money in your pocket every month, we can help. Yes, you still have to fill out a W-4 form. But we've developed a quick and easy guide to assist you.

Brought to you by TurboTax.com

TurboTax® - 2009 Stimulus Package: What's Still In It For You in 2010

Brought to you by TurboTax.com

TurboTax® - Tax Terms Glossary

Confused by tax terms and lingo? Get plain-English definitions that make tax return terminology less, well, taxing.

Brought to you by TurboTax.com

TurboTax® - Summary of Federal Tax Law Changes for 2010-2017

Learn how federal tax law changes could impact your tax return in 2010 and beyond.

Brought to you by TurboTax.com

TurboTax® - Tax Changes You Need to Know for 2012

Various tax changes inevitably occur from year to year. These can range from minor adjustments to the complete elimination of various tax provisions. The Internal Revenue Service has released information on a number of tax changes for the 2012 tax year.

Brought to you by TurboTax.com

TurboTax® - Tax Relief for Cancelled Mortgage Debt

If you lost your principal residence to a foreclosure or short sale, TurboTax can help you deal with the tax implications, including recent tax law changes that can offer some relief.

Brought to you by TurboTax.com

TurboTax® - Summary of Business Tax Law Changes 2010-2017

Learn how federal tax law changes could impact your small business returns this year, and in the future.

Brought to you by TurboTax.com

TurboTax® - Will the IRS Keep My Refund if I Didn't File My Taxes Last Year?

If you're concerned about your tax refund being held by the IRS because of unfiled returns, you have a couple of options to reduce or eliminate any extra wait for your current-year refund.

Brought to you by TurboTax.com

TurboTax® - Buying Your First Home

Buying your first home is a huge step, but deductions available to you as a homeowner can reduce your tax bill.

Brought to you by TurboTax.com

TurboTax® - Home Ownership Tax Deductions

You know that you can get an income tax deduction on the mortgage interest you pay. But there are other tax deductions you can take on your principal residence or second home -- such as property taxes.

Brought to you by TurboTax.com

TurboTax® - Nine Things to Do Now to Cash In at Tax Time

You can take steps before year-end to reduce your 2012 tax bill. Some actions can also cut your taxes in the future.

Brought to you by TurboTax.com

TurboTax® - Inflation-Related Tax Law Changes for 2012

Many taxpayers will benefit from inflation-based adjustments to various deductions, exemptions, credits and thresholds for the 2012 tax year. A number of changes went into effect. The net effect is essentially a tax cut for the taxpayers who are affected.

Brought to you by TurboTax.com

TurboTax® - Video: How TurboTax Guides You Step by Step Like a GPS

TurboTax helps by guiding you step-by-step through your taxes to get your maximum refund.

Brought to you by TurboTax.com

TurboTax® - Video: Efiling for a Faster Refund

TurboTax makes it easy to efile your tax return, so you can have your tax refund in your bank (or your pocket) as quickly as possible.

Brought to you by TurboTax.com

TurboTax® - Video: What Days of the Week Does the IRS Deposit Tax Refunds?

There is no doubt that many taxpayers file their returns before the April deadline so they can get their tax refunds quickly. But remember, the IRS does need some time to process your tax return before it can issue the refund. Watch this video to learn more about when you'll be receiving your tax refund.

Brought to you by TurboTax.com

TurboTax® - Where's My Tax Refund? The IRS Refund Timetable Explained

Here's what happens when you press that green button and transmit your tax return. Remember, the fastest way to get your tax refund is to e-file and choose direct deposit.

Brought to you by TurboTax.com

TurboTax® - Video: Benefits of Filing Taxes Early

Filing your taxes long before the April deadline may not be your top priority, but if you're self-employed or anticipating a refund, there are some benefits you may want to know about. Watch this video to find out more about fling your tax returns early.

Brought to you by TurboTax.com

TurboTax® - Get Next Year's Refund Starting Next Pay Day

Changing your W-4 withholding can help you get through a recession, and keep the good times rolling.

Brought to you by TurboTax.com

TurboTax® - Efile: Income Tax Return Electronic Filing

Forget that paper tax return! Electronic filing (efiling), online tax preparation and online payment of taxes are getting more popular every year. If you've wondered about efiling, here are the answers to frequently asked questions, including why efiling is a good idea, which states let you efile, how much efiling costs, and how soon you'll receive your refund.

Brought to you by TurboTax.com

TurboTax® - Reasons to File Taxes Early

There are many reasons to file your taxes as early as possible, including benefits for those taxpayers who have a balance due.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Sole Proprietors

As a sole proprietor, you are in charge of your own business. You'll face additional taxes and reporting requirements, but you may also be eligible for certain business tax deductions.

Brought to you by TurboTax.com

TurboTax® - Tax Credits for Those Affected by Natural Disasters

The most significant helping hand offered by the IRS, the casualty loss deduction, provides an accelerated tax refund when you live in an area proclaimed as a "federally declared disaster area" by the president of the United States.

Brought to you by TurboTax.com

TurboTax® - Got a Question? TurboTax Is Here to Help

TurboTax offers a variety of tax help and support options - via phone, live chat or e-mail - so you can choose the best online tax preparation solution that fits your needs.

Brought to you by TurboTax.com

TurboTax® - Deducting Summer Camps and Daycare with the Child Tax Credit

If you paid a daycare center, babysitter, summer camp, or other care provider to care for a qualifying child under age 13 or a disabled dependent of any age, you may qualify for a tax credit of up to $3,000 for one child or dependent, or up to $6,000 for two or more children or dependents.

Brought to you by TurboTax.com

TurboTax® - Which Receipts Should I Keep for Taxes?

Knowing which receipts to save and which to toss will help you maximize your tax refund while minimizing the amount of paperwork you have to save for tax time each year.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Bloggers

Blogging is a relatively new profession, but it's covered by the same tax laws that apply to many other occupations. You may be able to take advantage of certain deductions to reduce your tax bill.

Brought to you by TurboTax.com

TurboTax® - Video: How We Help Along the Way

TurboTax makes doing your taxes easy with help every step of the way.

Brought to you by TurboTax.com

TurboTax® - Video: Do I File My Unemployment as Wages on My Tax Return?

You don't report your unemployment income as wages, but you still have to report it.

Brought to you by TurboTax.com

TurboTax® - Video: Debt Cancellation and Your Taxes Explained

Having your debt cancelled may square you with your creditor, but that debt may still be taxable. This video will help you determine whether you need to report your cancelled debt to the IRS.

Brought to you by TurboTax.com

TurboTax® - Video: How to File Taxes for Divorcing Couples

If you decide to file separately until your divorce becomes final, you can only claim dependent exemptions for your children if they live with you for more than half of the tax year. Watch this video to find out more about how your divorce may affect your taxes.

Brought to you by TurboTax.com

TurboTax® - Video: Are Cash Back Rewards Taxable Income?

Many companies offer cash back rewards for purchasing their product, but is this reward considered taxable income? Watch this video to learn more about cash back rewards and taxable income.

Brought to you by TurboTax.com

TurboTax® - Video: When to Use IRS Form 8949 for Stock Sales

If you sold some stocks this year, you're probably aware that you will need to include some information on your tax return. What you may not realize, is that you'll need to report every transaction on an IRS Form 8949 in addition to a Schedule D. To find out more about form 8949, watch this video.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to Payroll Taxes

As an entrepreneur, you probably realize that there are some business expenses you just can't control -- like the payroll taxes you have to pay for yourself and each person you employ. Watch this video to find out more about payroll taxes and how they may affect your business.

Brought to you by TurboTax.com

TurboTax® - Video: Filing Schedule E Supplemental Income and Loss

Do you rent out your home or other real estate to earn some extra money? Or, are you a partner in a partnership? If so, you may have an obligation to report some of your earnings on a Schedule E attachment to your tax return. Watch this video to find out more information on filing Schedule E.

Brought to you by TurboTax.com

TurboTax® - Video: Can Disability Beneficiaries File for Taxes?

Wondering whether you can still file a tax return despite receiving some type of disability income? You may still have to file a return and pay taxes on this income. Watch this video to learn more about disability beneficiaries and how you should file your taxes.

Brought to you by TurboTax.com

TurboTax® - Video: Do Social Security Income Recipients Pay Income Taxes?

You would think that when you finally retire and start collecting Social Security that you no longer have to pay income tax. But this isn't always true. Watch this video to find out more about income taxes for those on Social Security.

Brought to you by TurboTax.com

TurboTax® - Video: Should a Married Couple File Jointly or Separately?

If you are married and deciding whether it's beneficial to file a joint tax return with your spouse, there are certainly issues you should consider first. Watch this video to learn more about how you should file as a married couple.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to Income Tax Refund Garnishment

Do you have some concern that your tax refund will be garnished by some of the creditors you owe money to? If so, you should know that their ability to garnish your tax refund depends on what the debt is for and who the original creditor is. Watch this video to find out more about tax refund garnishment.

Brought to you by TurboTax.com

TurboTax® - Video: How Judgments Can Impact Your Taxes

Falling behind on your loan or credit card payments is never a pleasant situation to be in. You're probably wondering how this may affect your tax refund. Watch this video to find out more about how judgements can affect your tax refund.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to Short Sales, Foreclosures and Your Taxes

If you are like most people, the purchase of a home is probably one of the biggest financial decisions you will ever make. But sometimes, circumstances beyond your control may require you to sell the home in a short sale or cause you to lose your house to foreclosure. Watch this video to learn more about how short sales or foreclosures may affect your taxes.

Brought to you by TurboTax.com

TurboTax® - Video: How a Tax Lien Can Affect Your Credit Score

You are probably aware that if you fail to pay your credit card bills or other loans on time, your credit rating can suffer as a result. Not paying your income taxes on time could potentially have similar results to your credit rating. Watch this video to find out more about tax liens and how they will affect your credit rating.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to the W-4 Tax Form Employee's Withholding Allowance Certificate

When you started your last job, do you remember filling out a W-4 form? It may have been one of many documents you had to complete for your employer, but because you can update it at any time, you may want to think about submitting a new one. Watch this video to learn why updating your W-4 can save you money.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to a Fiduciary Income Tax Return

Just like your obligation to pay income taxes and file a return, trusts and estates must do so as well. Watch this video to find out more about fiduciary income tax returns.

Brought to you by TurboTax.com

TurboTax® - Video: Calculating Taxes on IRS Form 1099 Misc

Did you receive a 1099-MISC in the mail this year? If it reports an amount in box 7 for non-employee compensation, calculating the tax on it isn't as difficult as you may think. Watch this video to learn more about calculating your taxes on IRS form 1099.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to Summer Jobs and Taxes

If you only work during the summer months, it may not be necessary to file a tax return. Watch this video to determine whether your summer earnings qualify as taxable.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to IRS Form 1098-T Tuition Statement

If you have education-related expenses, you may be eligible for an education credit or deduction. Watch this video to learn more about Form 1098-T and qualifying education expenses.

Brought to you by TurboTax.com

TurboTax® - Video: Filing Schedule EIC Earned Income Credit

Does some of the income you report on your tax return come from employment, or work you perform as a sole proprietor or independent contractor? If your answer is yes, you satisfy one of the requirements for taking the earned income credit.

Brought to you by TurboTax.com

TurboTax® - Video: When to Issue a 1099-MISC Tax Form

Do you operate a trade or business? If the answer is yes, you may want to learn about your potential 1099-MISC filing requirements. Watch this video to find out more about the variety of 1099 forms.

Brought to you by TurboTax.com

TurboTax® - Video: What Educational Expenses Are Tax Deductible?

Are you a student in an educational institution, or do you claim one? The federal government supports higher education, offering many deductions on education-related taxes. Watch this video to find out more about education expenses and deductions.

Brought to you by TurboTax.com

TurboTax® - Video: When to Use Tax Form 1040X

Unless you've amended a tax return before, you may not know why taxpayers file a 1040X or when you should use it yourself. This is because filing a 1040X form is only necessary to correct certain types of errors or omissions on an original tax return after it's been filed with the IRS. Watch this video to find out more about amending prior tax returns.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to Schedule B: Interest and Dividend Income

Did you earn more than $1,500 in interest or dividend income? Or cash in a U.S. savings bond? You may be able to exclude some of this interest from your 1099-INT form. Watch this video to find out more about Interest and Dividend income.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to IRS Form W-2G Certain Gambling Winnings

Have you recently won big at the poker table? Before you go spending your winnings, you should watch this video and determine how much of that money is taxable.

Brought to you by TurboTax.com

TurboTax® - Video: Filing Taxes After the April Deadline

Have you missed the April 15th deadline for taxes, or is it fast approaching? There is still hope, watch this video to find out about filing your taxes after April 15th.

Brought to you by TurboTax.com

TurboTax® - Video: How to Recover Past Tax Returns

If you need to recover a tax return from previous years, you have a few options. Watch this video to find how about recovering past years' tax returns.

Brought to you by TurboTax.com

TurboTax® - Video: How Far Back Can I Re-file a 1040X Amended Tax Return?

Was there a mistake made on your taxes that was discovered after filing? You may be able to amend these mistakes using a 1040X form. Watch this video to find out more about the 1040X form.

Brought to you by TurboTax.com

TurboTax® - Video: What is a Schedule A: Itemized Tax Deductions?

Taxpayers are allowed by the IRS to either itemize deductions or take the standard deduction. Itemization takes place on Schedule A. Watch this video to find out more about itemizing deductions.

Brought to you by TurboTax.com

TurboTax® - How to Secure Your Tax Information Before a Disaster

How to keep your tax and financial information in order in preparation for unexpected disasters.

Brought to you by TurboTax.com

TurboTax® - How to Track an Income Tax Rebate

You can track your tax refund most easily if you filed a tax return electronically, but it is still possible if you mailed in your return.

Brought to you by TurboTax.com

TurboTax® - Guide to Your Employers Benefits Programs, Tax-Wise (401(k) matching, HSAs, Flexible, etc.)

You'll usually receive a package of benefits in addition to your salary when you work for an employer. Generally, you don't have to pay taxes on these benefits. In fact, you may actually enjoy additional tax savings through your various employer benefit programs.

Brought to you by TurboTax.com

TurboTax® - A Tax Guide for U.S. Immigrants

One of the most significant learning curves immigrants must climb is the U.S. tax system. Fortunately there are a few key points that can make the filing process easier.

Brought to you by TurboTax.com

TurboTax® - 4 Last-Minute Ways to Reduce Your Taxes

Even if you've already earned most of your income for the year, you can still make some common-sense moves to reduce the amount of tax you'll owe.

Brought to you by TurboTax.com

TurboTax® - Video: When to Use Tax Form 1040EZ

Wanting to file your return quickly and easily? The 1040EZ is one of three standard forms that can allow you to file your taxes quickly. Watch this video to find out more about filing your 1040EZ.

Brought to you by TurboTax.com

TurboTax® - 2012 Federal Tax Rate Schedules

These tax rate schedules are provided to help you estimate your 2012 federal income tax. TurboTax will apply these rates as you complete your tax return.

Brought to you by TurboTax.com

TurboTax® - How Short Sales and Foreclosures Affect Your Taxes

If you engage in a short sale or your mortgage lender forecloses on your home, there are some important tax implications that you'll want to consider.

Brought to you by TurboTax.com

TurboTax® - Top 8 Year-End Tax Tips

Here are some steps you can take before the end of the year to lower your 2012 tax bill.

Brought to you by TurboTax.com

TurboTax® - Taxes 101 for Your 2012 Income Tax Return

Income taxes fund government services. Your employer withholds taxes from your wages and pays the government on your behalf.

Brought to you by TurboTax.com

TurboTax® - Video: How TurboTax Protects You from an IRS Audit

At TurboTax we help you avoid the hassle of an audit.

Brought to you by TurboTax.com

TurboTax® - How to Deal With Penalties From Tax Non-Payment

If you don't pay your taxes when they're due, the debt doesn't go away. It may even grow as it accumulates interest and penalties each month it remains unpaid. The IRS will continue to attempt collection of the tax you owe, but it may be willing to waive or reduce the penalty charges if you can show you have a good reason.

Brought to you by TurboTax.com

TurboTax® - How to File Tax Amendments

The Internal Revenue Code is lengthy and complex, which can sometimes mean that your personal income tax return will be riddled with errors and omissions. The IRS allows you to voluntarily correct the mistakes you later discover by filing an amended tax return. However, you have to adhere to all eligibility criteria before filing the amendment.

Brought to you by TurboTax.com

TurboTax® - What are Tax Schedules?

A tax schedule is a form the IRS requires you to prepare in addition to your tax return when you have certain types of income or deductions. These commonly include things like significant amounts of interest income, mortgage interest or charitable contributions. Generally, the totals you compute on these schedules are transferred to your Form 1040. When you qualify to complete a simpler tax form, such as the Form 1040EZ, then additional schedules are not required.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Audits?

A tax audit is an examination of your tax return by the IRS to verify that your income and deductions are accurate.

Brought to you by TurboTax.com

TurboTax® - Video: IRS Payment Plan for Taxes

If you owe more than you can afford on your taxes at the end of the year, you can set up a payment plan.

Brought to you by TurboTax.com

TurboTax® - How Long Do Federal and State Tax Returns Need to Be Kept?

If the IRS or state government questions your tax deductions or business losses, you may need a copy of your return.

Brought to you by TurboTax.com

TurboTax® - Handling Notices from the IRS

Don't be alarmed if you've received a letter from the IRS. Not every letter means an audit. Most are routine and can be resolved in a few simple steps. Here's what to do if one shows up in your mailbox.

Brought to you by TurboTax.com

TurboTax® - Myths About Quarterly Taxes for the 1099 Tax Form

For those Americans who pay quarterly taxes - or those who don't but who think they should - understanding the rules governing estimated taxes is vital.

Brought to you by TurboTax.com

TurboTax® - Do You Have to Claim Pell Grant Money on Your Taxes?

The IRS treats a Pell grant as a scholarship, which means it's possible that you'll have to report the grant money on your tax return and maybe even pay income tax on the money.

Brought to you by TurboTax.com

TurboTax® - How Are My State Taxes Spent?

Each state is free to choose where to spend tax revenue. Here are some common uses.

Brought to you by TurboTax.com

TurboTax® - Video: Does Owing the IRS Affect Your Credit Score?

When you still owe the IRS for past taxes, it?s likely that the agency will be more willing to work with you?such as allowing you to pay your tax in monthly installments. To find out more about how owing the IRS will affect your credit watch this video.

Brought to you by TurboTax.com

TurboTax® - Video: What to Do If Your Tax Return is Rejected by the IRS

It's always disappointing when your tax return is rejected, but it doesn't have to be scary. This video address some of the common mistakes that cause rejections and what you can do about it.

Brought to you by TurboTax.com

TurboTax® - Video: What Is a Fiduciary Income Tax Return?

Have you been appointed as trustee of a trust or the administrator of an estate? If so, you may be interested to hear about the tax returns you are responsible for filing. Watch this video to find out more about fiduciary income tax returns.

Brought to you by TurboTax.com

TurboTax® - Video: How Your Tax Dollars Are Spent

You know you have to pay your taxes, but do you know exactly what the federal government spends your hard earned money on? If not, you may be surprised to learn how the government spends the taxes it collects each year.

Brought to you by TurboTax.com

TurboTax® - Video: Are Bonuses Included in Adjusted Gross Income?

You may be wondering if the bonus you receive at work is subject to special tax treatment. Watch this video to learn more about work bonus, and how they affect your Adjusted Gross Income, or AGI.

Brought to you by TurboTax.com

TurboTax® - Video: What You Should Know About Shopping in Tax-Free States

If you live in a state that doesn't charge a sales tax, consider yourself lucky, since 45 of the 50 states do charge the tax on goods you purchase there. Watch this video to find out more about shopping in tax free states and how this may affect your taxes.

Brought to you by TurboTax.com

TurboTax® - Tax Deductions for Funeral Expenses

If you paid for funeral expenses during the tax year, you may wonder whether you can deduct these costs on your federal income tax return. According to IRS regulations, most individuals will not qualify to claim a deduction for these expenses unless they paid for the funeral out of the funds of an estate.

Brought to you by TurboTax.com

TurboTax® - Video: What is Schedule C-EZ: Profit or Loss from a Business?

When you earn income from self-employment, preparing your tax return can be more complicated than when you earn income from an employer. Schedule C-EZ can make the filing process much simpler. Watch this video to learn more.

Brought to you by TurboTax.com

TurboTax® - How to Estimate Property Taxes

There are a number of fundamental property tax concepts you should be aware of that can help you calculate your property taxes.

Brought to you by TurboTax.com

TurboTax® - Guide to IRS Form 8888: Direct Deposit of Your Tax Refund in Multiple Funds

With the convenience and security of direct deposit available at most financial institutions, more taxpayers are requesting payment of their tax refunds by direct deposit.

Brought to you by TurboTax.com

TurboTax® - A Brief History of Income Taxes

Did you know President Abraham Lincoln, one of America's most beloved leaders, also instituted one of its least liked obligations - the income tax? In this brief history of taxes, see the historical events which shaped income taxes in the United States today.

Brought to you by TurboTax.com

TurboTax® - How to Report FAFSA College Money on a Federal Tax Return

Each financial award you receive from the federal government will have separate and unique tax consequences for your federal tax return.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Calculators?

A tax calculator is a tool to help you estimate your income tax during the year.

Brought to you by TurboTax.com

TurboTax® - What is a Schedule B IRS Form?

If you received more than $1,500 in interest or dividend income, chances are you will need to file a Schedule B. Here are the details.

Brought to you by TurboTax.com

TurboTax® - Video: What Are IRS Publications?

IRS publications can help fill in the gaps and ease your frustrations when preparing your tax return. Learn about IRS publications with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: What Is a Tax Refund?

A tax refund is the amount of money you over-pay in taxes throughout the year. Get a tax refund with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - IRS Moving Expense Deductions

Federal tax laws allow you to deduct your moving expenses if your relocation relates to starting a new job or a transfer to a new location for your present employer. To qualify for the deduction, your new work location must be a sufficient distance from your old home and you must begin working shortly after you arrive.

Brought to you by TurboTax.com

TurboTax® - How to Correct Federal Tax Returns

The IRS has a simple process in place that allows you to amend your tax return. Find out how to amend your tax return in this article on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Audits?

Important information on what you can expect during a tax audit.

Brought to you by TurboTax.com

TurboTax® - Video: What is the Standard Tax Deduction?

Standard tax deduction give taxpayers the option of claiming a predictable lump-sum deduction instead of adding up their personal and business deductions. Get the pros and cons of standard deductions in this video on tax basics.

Brought to you by TurboTax.com

TurboTax® - Video: What are IRS Forms?

IRS forms are filled out by taxpayers each year to indicate how much money that person owes to the government. Find out about these forms with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: IRS Rules for Reasonable Business Expenses

You can only deduct business expenses on your income taxes that the IRS deems "reasonable."

Brought to you by TurboTax.com

TurboTax® - Are Short Term Disability Claim Payments Considered Earnings?

Temporary disability, such as an injury, serious medical condition, or even pregnancy, short-term disability payments can be obtained through private insurers, and they may be part of an employer's compensation to employees. Whether the payments are taxable depends on how and when they are paid.

Brought to you by TurboTax.com

TurboTax® - Can Cellphone Expenses Be Tax Deductible With a Business?

Cellphones have become just as vital to business as a land line, which makes cellphone use a legitimate, deductible business expense. But for most of us, cellphones are also inextricably linked to our personal lives, so it's a deduction that the IRS scrutinizes very carefully to make sure personal electronics use isn't being claimed as a business expense.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Itemized Tax Deductions?

Itemized tax deductions can help save you even more money during tax season if your deductions exceed the standard amount. Learn about itemizing your tax deductions with help from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: Federal Gift Tax Law

Note: The content of this video applies only to taxes prepared before 2011. It is included here for reference only. The federal gift law imposes taxes on large cash gifts that exceed a certain amount. Find out how you can avoid paying gift tax with information from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - How Does Your Charitable Giving Measure Up?

Giving is truly better than receiving ? especially when your generosity can provide income tax benefits.

Brought to you by TurboTax.com

TurboTax® - Reversing a Roth IRA Conversion

Under new rules that take effect in 2010, you can convert a traditional IRA into a Roth IRA no matter what your income is. If the conversion turns out to have adverse tax consequences, you'll have plenty of time to reverse the whole transaction.

Brought to you by TurboTax.com

TurboTax® - Forget the Forms - TurboTax Has You Covered

TurboTax has all the forms you need to do your taxes. But don't worry - you'll never need to see a single IRS tax form if you don't want to.

Brought to you by TurboTax.com

TurboTax® - Death in the Family

The IRS demands a final accounting, and it's up to the executor or survivors to file the paperwork. Here's what you need to know about the deceased's final tax return, reporting income and deductions, inheritance and more.

Brought to you by TurboTax.com

TurboTax® - A Stimulus Boost for Some Earned Income Tax Filers

Two recent changes to the Earned Income Tax Credit (EITC) may put more money in your pocket in 2012 if you are married, or if you have three or more qualifying children.

Brought to you by TurboTax.com

TurboTax® - Amending Your Income Tax Return

What if you've sent in your income tax return for a previous year and then discover you made a mistake? You can make things right by filing an amended tax return. And, don't think an amended return will automatically cost you money; it's perfectly okay to change a return to capture a tax break you missed the first time around.

Brought to you by TurboTax.com

TurboTax® - Charitable Contributions

Learn how to get the biggest tax savings when making charitable contributions of cash or checks, household goods, cars or appreciated property.

Brought to you by TurboTax.com

TurboTax® - A Guide to Commonly-Used IRS Tax Forms

This primer will help you decode the alphabet soup of IRS forms - and understand your tax return.

Brought to you by TurboTax.com

TurboTax® - Video: How to Claim State Taxes on a Federal Tax Return

Do you live in a state that imposes an income, sales, real estate or personal property tax? If you make payments for any of these taxes, you should know that the IRS may let you deduct them on your federal tax return. Watch this tax tips video from TurboTax for more information on how to claim state taxes on your federal tax return.

Brought to you by TurboTax.com

TurboTax® - Video: How to File a 1040EZ IRS Form for Free

Most taxpayers prefer to file their tax return on the shortest and least time-consuming tax form possible. This is why the IRS allows some taxpayers to use the 1040EZ form instead of the longer 1040. And maybe even better is the money you can save if you are eligible for free e-filing. Watch this video for more information on how to file a 1040EZ for free.

Brought to you by TurboTax.com

TurboTax® - Video: How to Recover a 1099 Tax Form

Are you waiting for your 1099 forms to arrive so you can start preparing your tax return? Or do you need to obtain copies of older ones for some other reason? If you answered yes to either, there are easy ways to retrieve the forms. Watch this video to find out more about 1099 forms.

Brought to you by TurboTax.com

TurboTax® - Video: Can I E-File if I Owe Taxes?

Filing your tax return online can be extremely convenient. But did you know the IRS also allows you to make payments on taxes you owe from previous years? Watch this video to learn more about e-filing your taxes.

Brought to you by TurboTax.com

TurboTax® - Video: Can We File Two Primary Residences if Filing a Joint Tax Return?

There are many tax incentives for owning a home. But how do you designate a primary residence when you own more than one home? Watch this video to find out.

Brought to you by TurboTax.com

TurboTax® - Video: How to File a Tax Return With Adult Dependents

Did you know that reporting an adult dependent on your return provides the same tax savings as reporting your children? When claiming an adult as your dependent there are four essential tests you must satisfy. Watch this video to find out more about filing a tax return with adult dependents.

Brought to you by TurboTax.com

TurboTax® - Video: Does Amending Your Filing Status Trigger a Tax Audit?

Do you need to correct the filing status on a past return? Are you concerned that if you file an amended return that it will trigger an IRS audit? Watch this video to find out if amending your filing status will trigger an IRS audit.

Brought to you by TurboTax.com

TurboTax® - Video: What is IRS Form 2441? Child and Dependent Care Expenses

Brought to you by TurboTax.com

TurboTax® - State Tax Tips for Millionaires

If you happen be among this country's 1 percent of wealthiest Americans, you should be aware of a few tax rules that are helpful to those with your level of income.

Brought to you by TurboTax.com

TurboTax® - Video: When to Use Tax Form 1040

Choosing which tax form to use can sometimes be tricky. In most cases, filing a 1040 form is the way to go. This video will help you decide if its right for you.

Brought to you by TurboTax.com

TurboTax® - Video: Can a Collection Agency Claim My Tax Refund from the IRS?

Do you have an outstanding debt that's past due, and you're concerned that a collection agency will take your federal tax refund because of it? Watch this video to find out what agencies can take your tax refund.

Brought to you by TurboTax.com

TurboTax® - Deductions for Sales Tax

Most states charge a sales tax on the purchase of goods sold within their jurisdictions. However, there are several tax-free states in which you can shop that do not impose a sales tax on retail purchases. But, regardless of whether you shop in a tax-free state or not, sales taxes can impact your federal tax return.

Brought to you by TurboTax.com

TurboTax® - Video: Social Security Tax - Who Is Exempt?

You may be wondering if you qualify for an exemption from the Social Security tax. If you are eligible, you stand to save a good amount of money. But remember, if you are exempt, you may not be able to take advantage of the benefits offered by the Social Security program. Watch this video to learn more about Social Security tax exemptions.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for Paying Property Taxes Online

If you own a home, it's likely that you pay property taxes to your local government. But if you are used to writing checks, you may be interested to know that many agencies allow you to pay your property taxes online. Watch this video to find out more paying property taxes online.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Deductions for Employment Related Expenses

One of the nice things about being an employee is that employers often provide you with everything you need to do your job. But sometimes -- you just can't avoid having to pay for some work-related expenses yourself. To find out more about how to deduct these expenses, watch this video.

Brought to you by TurboTax.com

TurboTax® - Video: Using the Web to File Taxes Online

Filling out your tax return by hand is rapidly becoming a thing of the past. These days, not only can you file your return with the Internal Revenue Service online, but you can pay your taxes electronically too. Watch this video to get more information on how you can file your taxes online.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Guide for Resident and Non Resident Aliens

Have you recently moved to the United States from a foreign country or just spend a lot of time there? If so, you may want to know about some of the federal income tax rules that you might be subject to.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Credits When Adopting a Child

If you are in the process of adopting a child or even considering it, you may be interested to hear about a federal tax credit that can save you a lot of money on your taxes. Watch this video to find out more about what tax credits you may be able to receive when you are adopting a child.

Brought to you by TurboTax.com

TurboTax® - Video: Unemployment and Taxes Explained

If you experience a period of unemployment or are currently unable to find work, the last thing you're probably thinking about is your taxes. But since you still need to file a tax return, you may be interested in some of the tax benefits available to you. Watch this video to learn more about how being on unemployment may affect your taxes.

Brought to you by TurboTax.com

TurboTax® - Video: Why Do I Owe on My Tax Return

If you finish your tax return and are confused as to why you need to send the IRS a check, there is only one possible explanation for this: you paid less tax during the year than you owed for your income level. Watch this video to find out more about why you may owe money of your tax return.

Brought to you by TurboTax.com

TurboTax® - What Is the Difference Between a Refundable and a Nonrefundable Credit?

A tax credit can substantially reduce the amount of tax you owe, or even make your tax refund bigger. However, not all tax credits are alike. Tax credits can be refundable or nonrefundable, and sometimes partly refundable.

Brought to you by TurboTax.com

TurboTax® - Filing Tax Form 8862: Information to Claim Earned Income Credit After Disallowance

The Earned Income Credit (EIC) is a valuable, refundable tax credit available to low and moderate income taxpayers and families. If your EIC was disallowed or reduced for reasons other than math or clerical errors after 1996, you may need to file Form 8862 before the Internal Revenue Service allows you to use the credit again.

Brought to you by TurboTax.com

TurboTax® - Should You and Your Spouse File Taxes Jointly or Separately?

Married couples have the option to file jointly or separately on their federal income tax returns. The IRS strongly encourages most couples to file joint tax returns by extending several tax breaks to those who file together. In the vast majority of cases, it's best for married couples to file jointly, but there may be a few instances when it's better to submit separate returns.

Brought to you by TurboTax.com

TurboTax® - What is a Schedule K-1 Form 1041: Estates and Trusts?

An estate or trust can generate income that must be reported on Form 1041, United States Income Tax Return for Estates and Trusts. However, if trust and estate beneficiaries are entitled to receive the income, the beneficiaries must pay the income tax rather than the trust or estate. At the end of the year, all income distributions made to beneficiaries must be reported on a Schedule K-1.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 1099-DIV: Dividends and Distributions?

If some of the stocks you own pay dividends, or a mutual fund you invest in made a capital gains distribution to you during the year, you'll receive a 1099-DIV form.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 5498: IRA Contributions Information?

Form 5498: IRA Contributions Information reports your IRA contributions to the IRS. Your IRA trustee or issuer - not you - is required to file this form with the IRS by May 31.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 8839: Qualified Adoption Expenses?

The Internal Revenue Service allows you to offset your tax bill with a credit for your qualified adoption expenses, as long as you meet certain eligibility requirements. To report your qualified adoption expenses, you'll use IRS Form 8839.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 8910: Alternative Motor Vehicle Credit?

If you purchased a vehicle with fuel-burning technologies, such as advanced lean burn technology, hybrid fuel systems, alternative fuels, fuel cells, or plug-in electric drive motors, you may qualify for a tax credit. IRS Form 8910 is used to figure out that credit.

Brought to you by TurboTax.com

TurboTax® - What is IRS Form W-9?

Anytime you hire someone, or engage in a business relationship with an independent contractor, you must generate an IRS form W-9, Request for Taxpayer Identification Number and Certification.

Brought to you by TurboTax.com

TurboTax® - Guide to Debt Cancellation and Your Taxes

If one of your creditors canceled a debt you owe, you'll receive a Form 1099-C this year. A number of exceptions and exemptions can eliminate your obligations to pay tax on the canceled debt.

Brought to you by TurboTax.com

TurboTax® - Guide to Schedule D: Capital Gains and Losses

The Schedule D form is what most people use to report capital gains and losses that result from the sale or trade of certain property during the year.

Brought to you by TurboTax.com

TurboTax® - How to File Taxes with IRS Form 1099-MISC

If you receive tax form 1099-MISC for services you provide to a client as an independent contractor and the annual payments you receive total $400 or more, you'll need to file your taxes a little differently than a taxpayer who only receives regular employment income reported on a W-2.

Brought to you by TurboTax.com

TurboTax® - Paying Property Taxes Online

Many local agencies are set up to accept property tax payments online. When paying property taxes online, it is important to note some considerations that can affect your federal income tax return.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Avoiding E-file Rejections

The Internal Revenue Service can reject your e-filing for a wide range of reasons. However, if you implement some basic tips, you may be able to avoid unnecessary e-file rejections.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for Resident and Non-Resident Aliens

Even if you're not an American citizen, if you live in the United States or spend a significant amount of time there, you still need to pay U.S. income tax.

Brought to you by TurboTax.com

TurboTax® - Tips for Filing Tax Form 1040EZ

Citizens or residents of the United States can file a tax return on Form 1040, 1040A or 1040EZ. It has some limitations that may change the amount of tax you'll have to pay, or the potential size of your tax refund.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 1099-SA: Distributions from an HSA, Archer MSA, or Medicare Advantage MSA?

When you use the funds from a Health Savings Account (HSA), or a medical savings account (MSA) such as an Archer MSA or Medicare MSA, the institution that administers the account must report all distributions on Form 1099-SA.

Brought to you by TurboTax.com

TurboTax® - Who Is Exempt from Paying Social Security Tax?

Most people can't avoid paying Social Security taxes on their employment and self-employment income. There are, however, exemptions available to specific groups of taxpayers.

Brought to you by TurboTax.com

TurboTax® - Video: Documents Needed to File Income Taxes

Wondering which documents are needed to file your taxes? This video will carefully outline the different forms that will help you complete your taxes.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for Veterans

As a military veteran, you must also file taxes. But you can take advantage of several benefits the government has made available. Watch this video to see what you may be eligible to receive.

Brought to you by TurboTax.com

TurboTax® - Video: Taxes on Dividends Explained

If you purchase stock in a corporation or invest in a mutual fund that periodically pays dividends, the payments you receive throughout the year can provide you with some extra income. Watch this video to find out more about how this income may affect your taxes.

Brought to you by TurboTax.com

TurboTax® - Video: Who Needs to File an Income Tax Return?

Even if you earned income this year, you may not be obligated to file a tax return. Watch this video to help determine your filing status and learn about tax-exempt income.

Brought to you by TurboTax.com

TurboTax® - Video: What Is IRS Form 9465 Installment Agreement Request

Is your tax bill too much for you to handle? You may qualify to pay the IRS in installments. Watch this video to learn about the Form 9465 Installment Agreement.

Brought to you by TurboTax.com

TurboTax® - Video: How to Read a 1099 MISC IRS Form

The 1099-MISC form is used to report different types of payments. This video will help you more accurately report these payments on your tax return.

Brought to you by TurboTax.com

TurboTax® - Video: How to Amend Taxes That Are Already Filed

Many people make mistakes when filling out their tax returns, but it's not the end of the world. Watch this video to learn more about amending past tax returns.

Brought to you by TurboTax.com

TurboTax® - Filing IRS Form W-9

Filling out a W-9 form isn't difficult since it only requires a few pieces of basic information. You will usually submit a W-9 form when you receive payments for services you provide as an independent contractor, pay interest on your mortgage or even contribute money to your IRA account.

Brought to you by TurboTax.com

TurboTax® - Filing Tax Form 2441: Child and Dependent Care Expenses

There are a number of eligibility requirements you must satisfy before potentially receiving a child or dependent care credit, so it's a good idea to familiarize yourself with the rules before preparing Form 2441.

Brought to you by TurboTax.com

TurboTax® - Who Can Garnish an Income Tax Refund?

Depending on the laws of your state, private creditors may have access to those funds. However, it's best to get all the facts before you start to panic.

Brought to you by TurboTax.com

TurboTax® - What to Expect Tax-Wise from Your Summer Job

You won't know what to expect tax-wise from your summer job unless you consider factors other than how much you earn.

Brought to you by TurboTax.com

TurboTax® - What Is a 1099-G Tax Form?

The most common use of the 1099-G is to report unemployment compensation as well as any state or local income tax refunds you received that year.

Brought to you by TurboTax.com

TurboTax® - When to Use Tax Form 1099-R: Distributions From Pensions, Annuities, Retirement, etc.

You should receive a copy of Form 1099-R, or some variation, if you received a distribution of $10 or more from your retirement plan.

Brought to you by TurboTax.com

TurboTax® - How to Figure Out Adjusted Gross Income (AGI)

The AGI calculation depends on the tax return form you use; some forms allow you to take more adjustments to income, than others.

Brought to you by TurboTax.com

TurboTax® - Tips to Reduce Self-Employment Taxes

Self-employed? Aside from the income tax, you'll need to pay self-employment taxes that support the Medicare and Social Security programs. However, there are some ways you can reduce the amount you owe.

Brought to you by TurboTax.com

TurboTax® - How to Read a 1099-MISC Tax Form

Are you self employed? Each business or client that paid you more than $600 for the year should send you a 1099-MISC. Think of it like a W-2 for self-employed people.

Brought to you by TurboTax.com

TurboTax® - Video: Adjusted Gross Income (AGI) Explained

It is important to understand how your adjusted gross income (AGI) affects your taxable income. Your AGI determines whether you can claim certain deductions and credits. To have AGI explained further, check out this video.

Brought to you by TurboTax.com

TurboTax® - Video: How to Figure Out Adjusted Gross Income

Do you know how to calculate your adjusted gross income, or AGI? Every tax return form has a line to report it. See this video for more information on AGI.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for the 1040EZ IRS Form

Nothing to deduct? The IRS has just the form for you. In this video you will learn if you qualify to file your taxes with form 1040EZ and tips for filing.

Brought to you by TurboTax.com

TurboTax® - Video: How to Get All The Tax Deductions Possible When Filing

Familiarizing yourself with IRS tax deductions will greatly help increase your tax return. The more deductions you can report, the lower your taxable income will be.

Brought to you by TurboTax.com

TurboTax® - Video: Can an Unmarried Couple File Jointly?

If you are recently divorced or plan to be married soon, you should watch this video to find out what filing status you are eligible for.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Credits for Disabled Dependents

Taking care of a disabled dependent can be quite a task. Luckily, there are several tax benefits and deductions you can take advantage of. Watch this video and find out what they are.

Brought to you by TurboTax.com

TurboTax® - Video: Steps to Take When you Get an IRS Notice

When you receive a notice from the IRS, do not panic. Read the notice and then watch this video to find out what to do next.

Brought to you by TurboTax.com

TurboTax® - Video: Single Tax Withholding Vs. Married Filing Jointly

Are you recently married? There are some important things you should know about filing jointly. Watch this video to learn more.

Brought to you by TurboTax.com

TurboTax® - Top 10 Tax Deductions You're NOT Taking

You could be leaving hundreds of dollars on the table when you file your tax return this year. From magazines to medical insurance premiums, little-known tax deductions could make tax day a happier one for your family this year.

Brought to you by TurboTax.com

TurboTax® - Video: IRS Payment Plans Explained

Do you still owe the IRS money from last year? Don't panic. Watch this video to learn about IRS payment plans in monthly installments.

Brought to you by TurboTax.com

TurboTax® - Video: Is Inheritance Money Counted as Income by the IRS?

Have you inherited a large sum of money from a deceased loved one? That inheritance may be taxable. Watch this video to learn more.

Brought to you by TurboTax.com

TurboTax® - Video: How to Use IRS Form 5498 on a Tax Return

Did you put money into an IRA this year? What about a Roth IRA? Watch this video to answer your questions about retirement savings and how they affect your taxes.

Brought to you by TurboTax.com

TurboTax® - Video: Changes in the Standard Deduction for Certain Tax Filers

There are other factors that affect your standard tax deduction besides your filing status. Watch this video to find out what they are.

Brought to you by TurboTax.com

TurboTax® - When to Use Schedule EIC: Earned Income Credit

The earned income tax credit, or EITC, is available to taxpayers with low to moderate income. It was created in 1975 to help offset the heavy burden of Social Security taxes and act as an incentive for low-income taxpayers to continue working. You can claim this valuable tax credit if you meet the legal requirements, which are administered by the Internal Revenue Service.

Brought to you by TurboTax.com

TurboTax® - Video: When to Use Tax Form 1040A

Not sure which tax credits or deductions you can claim on your tax return? Watch this video and find out if Form 1040A is right for you.

Brought to you by TurboTax.com

TurboTax® - What Is "Cafe 125" on a W-2 Tax Form?

You might be confused to see "Cafe 125" listed on your W-2 form. This may sound like it has something to do with where you go on your lunch break, but there is a more reasonable explanation. "Cafe 125" stands for IRS regulation code section 125 regarding tax-free cafeteria plans.

Brought to you by TurboTax.com

TurboTax® - What is IRS Form 1040-ES: Estimated Tax for Individuals?

The IRS provides Form 1040-ES for you to calculate and pay estimated taxes for the current year. While the 1040 relates to the previous year, the estimated tax form calculates taxes for the current year. You use Form 1040-ES to pay income tax, self-employment tax and any other tax you may be liable for.

Brought to you by TurboTax.com

TurboTax® - Video: Self-Employment Tax Deductions on Cell Phones

Self-employed taxpayers have many opportunities to deduct business expenses from their tax returns. This video will help you to understand how you can deduct the expenses involving your mobile phone.

Brought to you by TurboTax.com

TurboTax® - Video: How to Calculate My Federal Adjusted Gross Income

Many taxpayers earn income from several different sources. In this video, you'll learn how to calculate your adjusted gross income, which will help you deduce how much tax you owe.

Brought to you by TurboTax.com

TurboTax® - Video: Guide to the W-2 Tax Form - Wages and Tax Statement

The W-2 form you receive from your employer each year is fairly straightforward but there are some things about the form you may be interested to know. Watch this video to learn more about the key information on Form W-2.

Brought to you by TurboTax.com

TurboTax® - Guide to IRS Form 1099-Q: Payments from Qualified Education Programs

You'll receive an IRS Form 1099-Q if someone has contributed money to a 529 plan or a Coverdell Education Savings Account (Coverdell ESA) and designates you as the beneficiary.

Brought to you by TurboTax.com

TurboTax® - Filing Tax Form 1099-INT: Interest Income

If you receive a 1099-INT, the tax form that reports most payments of interest income, you may not have to pay income tax on the interest it reports. However, you may still need to report it on your return.

Brought to you by TurboTax.com

TurboTax® - Federal Tax Laws on Mileage Reimbursement

Does your employer require you to do some traveling using your own car? Federal tax law allows you to claim a deduction for the business mileage if you're not reimbursed for the expense.

Brought to you by TurboTax.com

TurboTax® - Steps to Claiming an Elderly Parent as a Dependent

If you cared for an elderly parent, your parent may qualify as your dependent, resulting in additional tax benefits for you.

Brought to you by TurboTax.com

TurboTax® - What, Me Worry? Last Minute Taxes

According to the Internal Revenue Service, 20 to 25 percent of all Americans wait until the last two weeks before the deadline to prepare their returns. At that late date, there are only two things you can do: File your taxes pronto, or request an extension.

Brought to you by TurboTax.com

TurboTax® - New Addition: Adoption Tax Credits

Would-be adoptive parents may spend up to $30,000 before all requirements are met and all fees are paid. However, an available tax credit offers some relief to many, if not most, adoptive parents.

Brought to you by TurboTax.com

TurboTax® - A Closer Look at IRS Form 1099

It's easy to see IRS Form 1099 as representing a big liability since it reports income that hasn't already been taxed in the form of withholding.

Brought to you by TurboTax.com

TurboTax® - Guide to Schedule R: Tax Credit for Elderly or Disabled

The Internal Revenue Service extends a special credit to older taxpayers called the Credit for the Elderly or the Disabled. This tax break allows individuals and couples to reduce the amount of their income tax by their allowable credit. While a taxpayer may qualify for a larger credit under this provision, the IRS limits the allowable credit to the amount of income tax due. If your credit exceeds your income tax, you will not be able to receive the excess credit as a refund.

Brought to you by TurboTax.com

TurboTax® - Filing Tax Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit

If you purchased or leased a new vehicle that runs on electricity drawn from a plug-in rechargeable battery, you may be eligible to claim the qualified plug-in electric drive motor vehicle tax credit, which can reduce your tax bill by up to $7,500. In order to take the credit, you must file IRS Form 8936 with your return and meet certain requirements.

Brought to you by TurboTax.com

TurboTax® - Facts About IRS Payment Plans

When you fall behind on your income tax payments, the IRS may let you set up a payment plan, called an installment agreement, to get you back on track. It is up to you, however, to take that first step and make a request for the installment agreement, which you can do by filing Form 9465. You can file the form with your tax return, online, or even over the phone, in some cases. But before you make the request, you'll want to gather some facts about IRS payment plans.

Brought to you by TurboTax.com

TurboTax® - Do You Have to File an Income Tax Return?

Believe it or not, there may be years when you don?t have to file an income tax return with the Internal Revenue Service. To make this determination, you need to evaluate a number of factors, such as the amount of income you earn and your filing status. It also depends on whether you?re the dependent of another taxpayer, and a number of special circumstances that require the filing of a tax return regardless of other factors.

Brought to you by TurboTax.com

TurboTax® - Penalties for Not Filing a 1099-Misc IRS Form

One of the most common reasons for receiving a 1099-MISC is performing work as an independent contractor.

Brought to you by TurboTax.com

TurboTax® - Do I Qualify for Earned Income Credit While on Unemployment?

Receiving unemployment benefits doesn't mean you're automatically ineligible for the credit but there are other requirements you'll also need to satisfy to claim the EIC

Brought to you by TurboTax.com

TurboTax® - Where Tax Dollars are Spent

Tax dollars are collected by the federal government and apportioned by Congress in the federal budget to fund various governmental programs.

Brought to you by TurboTax.com

TurboTax® - What is the Federal Supplemental Tax Rate?

If you receive any form of supplemental wages during the year, your employer may be required to withhold tax using a different method.

Brought to you by TurboTax.com

TurboTax® - What is the Purpose of an IRS W-9 Form?

Form W-9?Request for Taxpayer Identification Number and Certification?is one of the most commonly used IRS forms.

Brought to you by TurboTax.com

TurboTax® - What to Do if You Get an IRS Notice

There are several things you can do if you receive a notice. Calm down and read it carefully. Not all IRS notices relate to tax audits.

Brought to you by TurboTax.com

TurboTax® - When to Use Tax Form 4137: Tax on Unreported Tip Income

You may need to use IRS Form 4137 to calculate any additional tax you may owe on unreported tip income.

Brought to you by TurboTax.com

TurboTax® - What is a Schedule K-1 Tax Form?

The Schedule K-1 is slightly different depending on whether it comes from a trust, partnership or S corporation.

Brought to you by TurboTax.com

TurboTax® - Guide to Unemployment and Taxes

The IRS considers unemployment compensation to be taxable income?which you must report on your federal tax return. State unemployment divisions issue an IRS Form 1099-G to each individual who receives unemployment benefits during the year.

Brought to you by TurboTax.com

TurboTax® - Guide to Taxes on Dividends

If you received dividends from any of your investments this year, you may have to pay income tax on these payments. The Internal Revenue Service considers dividends to be taxable income. So regardless of the amount of your dividend payments, you should report them on your tax return.

Brought to you by TurboTax.com

TurboTax® - What is Adjusted Gross Income (AGI)?

Adjusted gross income (AGI) can directly impact the deductions and credits you are eligible for, which can wind up reducing the amount of taxable income you report on your tax return.

Brought to you by TurboTax.com

TurboTax® - Why Is My Check So Small After Taxes?

You may wonder why so much comes out of your pay, where that money goes, and what can be done to change the deducted amount. The good news is that you have some control over your deductions.

Brought to you by TurboTax.com

TurboTax® - Running for the (Tax) Shelter

Look to the home front to protect your assets. The only "surefire" tax shelters remaining are deductions such as your mortgage and donations to charity.

Brought to you by TurboTax.com

TurboTax® - Filing Taxes While Overseas

American citizens could owe taxes in two countries. If you've never lived abroad for an extended period of time, you probably don't know the United States requires its citizens to continue to pay taxes back home.

Brought to you by TurboTax.com

TurboTax® - Beginner's Tax Guide for the Self-Employed

Before you take your first step into the world of entrepreneurship, there's a checklist of things you'll need to do if you don't want to get nailed by tax problems while your venture is still in its infancy.

Brought to you by TurboTax.com

TurboTax® - Another Side of the IRS

Former insiders, tax experts and regular taxpayers say the IRS gets a bad rap for just doing what it was set up to do: collect taxes.

Brought to you by TurboTax.com

TurboTax® - Military Personnel Tax Tips

Those who serve in the U.S. armed forces are honored with a number of benefits, ranging from education assistance to retirement. Among the perks are a number of steps to make filing federal income tax returns easier, as well.

Brought to you by TurboTax.com

TurboTax® - Top Five Ways to Avoid a Tax Audit

If the IRS does decide to audit you, there is little you may do to stop it. You may, however, reduce the odds that you'll be singled out for that extra attention in the first place.

Brought to you by TurboTax.com

TurboTax® - 5 IRS Penalties You Want to Avoid

Careless mistakes at tax time can leave people paying more money to the IRS. Those mistakes are avoidable through awareness of and strict adherence to the tax rules, including deadlines.

Brought to you by TurboTax.com

TurboTax® - Tax Advantages to Incorporating

To be successful and hold the line financially, however, tax experts agree that even the smallest of businesses may benefit by incorporating.

Brought to you by TurboTax.com

TurboTax® - Tax Law for Selling Real Estate

If you live in a house for two of the previous five years, you owe little or no taxes on its sale. Knowing the tax laws can make a considerable difference in the tax picture when you sell a building, whether it?s your residence or a property that was previously your residence.

Brought to you by TurboTax.com

TurboTax® - Tax Strategies for an Early Retirement

Retirement. The word sounds so good to so many people because of what it implies: a life of leisure, free of the daily grind of workdays that last at least eight or nine hours and as many as 10 or 12 if you are unlucky. But there is one thing from which even retirement does not excuse you: paying taxes.

Brought to you by TurboTax.com

TurboTax® - Tax Time Scams You Should Avoid

Whether it's phishing, identity theft or hidden fees, tax season can bring out the scammers in full force. Learn how to protect yourself from the most common tax scams.

Brought to you by TurboTax.com

TurboTax® - Tips for Paying Estimated Taxes

Get guidance on federal income tax requirements for estimated taxes to accurately pay what you owe.

Brought to you by TurboTax.com

TurboTax® - How to Spend, Save, or Stretch Your Tax Refund

Looking forward to a large refund? That might mean your withholding is too high.

Brought to you by TurboTax.com

TurboTax® - Filing Taxes for the First-Timer

Filing taxes doesn't have to be complicated for newcomers. The more you learn about the tax system, the less stress you'll feel when filing your first tax forms.

Brought to you by TurboTax.com

TurboTax® - Filing Taxes After Filing for Bankruptcy

Filing an income tax return after filing for bankruptcy does not have to be a problem, as long as you know what to watch out for, including when and how to file.

Brought to you by TurboTax.com

TurboTax® - Sweet Child of Mine: Tax Credits for Parents

Parents may seek tax breaks on everything from child care to educational costs and even supplies, in some cases.

Brought to you by TurboTax.com

TurboTax® - Spread the Wealth, Carefully, with Tax-Free Gifts

Thinking about making a charitable donation, or want to bestow your generosity on a loved one? The first thing you have to do is understand the tax implications. Not every charity is created equal when it comes to donations. Some may not qualify to have gifts count as tax write-offs, and some others may not be fulfilling their mission. It's up to you to do the checking to know if your check is getting to the right place for the right purposes.

Brought to you by TurboTax.com

TurboTax® - The Golden Years Guide to Tax-Free Retirement

The earlier you begin socking away savings, the much better off you'll be in your "golden years." By using some tax tips, you can end up paying little or no taxes after you retire.

Brought to you by TurboTax.com

TurboTax® - Seven Things You Didn't Know About Taxes

You know your federal taxes pay for government programs and services like roads and national defense. And you may even know the difference between FICA and income tax. But did you know if you want to buy sparklers in West Virginia, you can expect to pay a special fee?

Brought to you by TurboTax.com

TurboTax® - Top 5 Myths About Tax Audits

Tax audits do not have to be feared. Find out the real deal when it comes to tax audits and why most tax audit concerns are unfounded.

Brought to you by TurboTax.com

TurboTax® - Driving Down Taxes: Auto-Related Tax Deductions

Your car might save you a bundle come April 15, especially if you drive as part of your work. Knowing all of the auto-related deductions can ensure that your automobile is working as hard for you as you are for your paycheck.

Brought to you by TurboTax.com

TurboTax® - Cash for College: Tax-Free 529 Plans

With a 529 plan, you can stack up the books, not the debt. No matter how old your child is, it might be time to consider a qualified tuition program (QTP), also known as a 529 plan. For many families, such a plan offers a more convenient way to save money for college.

Brought to you by TurboTax.com

TurboTax® - 5 Facts About the Earned Income Tax Credit

Many qualified taxpayers overlook the Earned Income Tax Credit (EITC), potentially missing out on thousands of dollars at tax time.

Brought to you by TurboTax.com

TurboTax® - Going Green? Top Tax Breaks

Going green can be good for the environment and for your tax situation.

Brought to you by TurboTax.com

TurboTax® - Top Tax Write-offs for the Self-Employed

Whether you do contract work or have your own small business, tax deductions for the self-employed can add up to substantial tax savings.

Brought to you by TurboTax.com

TurboTax® - The Land of Unknown Tax Deductions

Some tax deductions and credits can get overlooked. Find out which tax deductions and credits you have coming to you so you'll keep more money in your pocket.

Brought to you by TurboTax.com

TurboTax® - The Art of Keeping Receipts for Your Taxes

Keeping your receipts organized helps you to assess your annual spending accurately and makes filing your taxes easier.

Brought to you by TurboTax.com

TurboTax® - Keeping Good Tax Records

Keeping good tax records doesn't have to mean an overflowing desk drawer. Plenty of online tools can help keep even your offline tax records organized.

Brought to you by TurboTax.com

TurboTax® - 7 Tax Advantages of Getting Married

Marriage can help reduce the tax burden for married couples who file jointly. Depending on the incomes, so-called marriage "penalties" can be avoided. If the taxpaying spouses have substantially different salaries, the lower one can pull the higher one down into a lower bracket, reducing their overall taxes.

Brought to you by TurboTax.com

TurboTax® - Home Foreclosure: What's Your Tax Liability?

Exceptions to federal tax laws allow some homeowners to escape additional tax liability when going through foreclosure.

Brought to you by TurboTax.com

TurboTax® - Mobile Phones, Internet and Other Easy Tax Deductions

You may be able to take a tax deduction on the cost of some of high-tech gadgets that help you streamline your work.

Brought to you by TurboTax.com

TurboTax® - 5 Ways to Reduce Your Taxes for Next Year

Taxpayers can take advantage of some easy ways to lower their tax bill.

Brought to you by TurboTax.com

TurboTax® - A Global Look at Personal Income Taxes Interactive Infographic

Ever wondered how much people pay in taxes in other countries? Interact with the infographic below to compare personal income tax rates around the world. You may be surprised by which countries have the lowest and highest income tax rates.

Brought to you by TurboTax.com

TurboTax® - Video: How We Make It Easy to Transfer Last Year's Info

With TurboTax, transferring information from one year to the next is easy, fast and accurate.

Brought to you by TurboTax.com

TurboTax® - VIDEO: How TurboTax Helps with Complex Taxes

Think TurboTax is just for simple tax returns? Think again. With our straightforward, step-by-step guidance and time-saving import features, we can help you handle everything from a new home to a home business.

Brought to you by TurboTax.com

TurboTax® - Video: How TurboTax Is Customized to Fit Your Own Situation

With TurboTax, you can rest easy knowing we've got your unique tax situation covered.

Brought to you by TurboTax.com

TurboTax® - Video: How TurboTax Helps You Handle Major Life Changes

TurboTax has helped millions of people handle major life changes that can have a big impact on their taxes.

Brought to you by TurboTax.com

TurboTax® - What Is The Savers Credit?

The Savers Credit gives a special tax break to low- and moderate-income taxpayers who are saving for retirement.

Brought to you by TurboTax.com

TurboTax® - What Is Taxable Income?

While taxable income can include wages, salaries, bonuses, commissions and tips, it may not be as easy to define as you might think.

Brought to you by TurboTax.com

TurboTax® - 7 Requirements for the Child Tax Credit

The Child Tax credit can reduce your tax bill by as much as $1,000 per child, if you meet the requirements.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Shelters?

A tax shelter is any legal strategy you employ to reduce the amount of income taxes you owe.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 720?

If you own a business that deals in goods and services subject to excise tax, you must prepare a Form 720 quarterly to report the tax to the IRS.

Brought to you by TurboTax.com

TurboTax® - What Is a Schedule M IRS form?

In order to take the making work pay tax credit, the IRS requires you to prepare a Schedule M with your federal tax return.

Brought to you by TurboTax.com

TurboTax® - What Is a Schedule E IRS Form?

You must prepare a Schedule E with your tax return if you earn rental income, receive royalties, or have income reported on a Schedule K-1 from a partnership or S corporation.

Brought to you by TurboTax.com

TurboTax® - What Is the IRS Form 1099-MISC?

The 1099-MISC form reports the total amount of payments you receive from a single person or entity during the year you've provided services to them.

Brought to you by TurboTax.com

TurboTax® - What Are Personal Property Taxes?

If you itemize deductions on your federal tax return, you may be able to claim a deduction for the personal property taxes you've paid.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Breaks?

A tax break means the government is offering you a reduction in your taxes.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Cuts?

Tax cuts are changes to tax law that effectively reduce the amount of tax you pay.

Brought to you by TurboTax.com

TurboTax® - How to Find Out How Much You Owe in IRS Back Taxes

You can calculate what you owe in back taxes fairly accurately without even contacting the IRS.

Brought to you by TurboTax.com

TurboTax® - How to Start Tax Planning

A little tax planning can be a big help at tax time each year.

Brought to you by TurboTax.com

TurboTax® - How to Withhold Your Own Taxes

If you have no employer to withhold federal taxes, then you're responsible for withholding your own.

Brought to you by TurboTax.com

TurboTax® - What Are Home Renovation Tax Credits?

If your home-renovation project includes the installation of energy-efficient equipment, a tax credit may be available to you.

Brought to you by TurboTax.com

TurboTax® - Tax Deductions for Diabetes

The IRS allows you to claim a tax deduction for many of the expenses you incur to diagnose, monitor and treat diabetes.

Brought to you by TurboTax.com

TurboTax® - How to Estimate Federal Withholding

Choosing the optimal withholding will ensure you don't have too much or too little deducted from your paycheck. Use the W-4 form to estimate the proper amount to be withheld.

Brought to you by TurboTax.com

TurboTax® - How do I Request Prior Year Federal Tax Returns?

You can request prior returns, for a fee, from the IRS. If you file with TurboTax, those returns are available to you free of charge.

Brought to you by TurboTax.com

TurboTax® - Federal Guidelines for Garnishment

The IRS can garnish your wages if back taxes are owed, but they must follow stringent guidelines.

Brought to you by TurboTax.com

TurboTax® - Do Chapter Sub S Corps File Personal Tax Returns?

Although perceived as a mix between a corporation and partnership, S corporations are required to file annual tax returns.

Brought to you by TurboTax.com

TurboTax® - How to Report a Foreclosed Rental House on Your Taxes

The IRS requires you to report the gain or loss on a foreclosure on your tax return.

Brought to you by TurboTax.com

TurboTax® - How Do You Get a Business Tax ID Number?

Does your business employ workers, withhold taxes, or operate as a corporation or partnership? If so, you need an Employee Identification Number. Follow these 4 steps to obtain one.

Brought to you by TurboTax.com

TurboTax® - How to File Federal Income Taxes for Small Businesses

Depending on your business type, there are different ways to prepare and file your taxes.

Brought to you by TurboTax.com

TurboTax® - Tax Deductible Pregnancy Medical Expenses

The costs related to pregnancy and child birth can add up quickly. If you itemize deductions, the IRS allows you to deduct part of these costs.

Brought to you by TurboTax.com

TurboTax® - What is the IRS Form 8880?

Are you eligible for the Saver's Credit? IRS Form 8880 will help you determine if you are eligible this credit for retirement savings. Here are the details.

Brought to you by TurboTax.com

TurboTax® - How to Change Your Tax Filing Status

Choosing your filing status is an important first step for preparing your federal tax return. Status determines your standard deductions, tax rates and brackets to weigh against income.

Brought to you by TurboTax.com

TurboTax® - What are Tax Codes?

Internal Revenue Code consists of thousands of individual tax laws applied at the federal, state, county and city levels.

Brought to you by TurboTax.com

TurboTax® - What is the IRS Form 8812?

If you have three or more children and a low tax bill, you may need IRS Form 8812 to claim all of your child tax credit. Here are the details.

Brought to you by TurboTax.com

TurboTax® - What is the IRS Form 5405?

Note: The content of this article applies only to taxes prepared for 2010. It is included here for reference only. To claim the new homebuyers tax credit, you will need to file IRS Form 5405. Here are the details.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 1099-Q?

If you're paying for school expenses from a 529 plan or a Coverdell ESA, you will likely receive an IRS Form 1099-Q, which reports the total withdrawals you made during th year.

Brought to you by TurboTax.com

TurboTax® - What is a Schedule L IRS form?

The Schedule L IRS form can be used for property losses incurred in a federal disaster area.

Brought to you by TurboTax.com

TurboTax® - What is a W-4 Form?

Used by your employer to determine the amount of taxes to withhold from your paycheck, the W-4 Form can help you out at tax time. Here are the details.

Brought to you by TurboTax.com

TurboTax® - What is a W-2 Form?

A W-2 form shows the amount of taxes withheld from your paycheck for the year and is used to file your federal and state taxes. Here are the basics.

Brought to you by TurboTax.com

TurboTax® - What is an IRS 1099 Form?

A 1099 Form reports income from self employment earnings, interest and dividends, government payments, and more. Here are the details.

Brought to you by TurboTax.com

TurboTax® - What is IRS Publication 590?

Need more information on Individual Retirement Accounts (IRAs)? IRS Publication 590 covers it all.

Brought to you by TurboTax.com

TurboTax® - What is the IRS Form 2106?

Use IRS Form 2106 if you itemize deductions for non-reimbursed work-related expenses such as travel, meals, entertainment or transportation.

Brought to you by TurboTax.com

TurboTax® - Information on 529 Plans

A 529 plan can help you save money for college and grow those savings faster -- plus it offers tax benefits that other college savings methods do not.

Brought to you by TurboTax.com

TurboTax® - What are Tax Benefits?

They are called many names - deductions, credits, exclusions - but they can be a big benefit by helping you reduce your tax bill. Here are the details.

Brought to you by TurboTax.com

TurboTax® - What are State Tax Forms?

State tax forms are the information forms that you fill out when filing your state income tax return. Here are some details.

Brought to you by TurboTax.com

TurboTax® - How to Obtain a Copy of Your Tax Return

You can request copies of your IRS tax returns from the most recent seven tax years.

Brought to you by TurboTax.com

TurboTax® - What are State Income Taxes?

State Income taxes, which vary by state, are a percentage of money that you pay to the state government based on the income you make at your job. Here are some details.

Brought to you by TurboTax.com

TurboTax® - How to File for an Extension of State Taxes

While the IRS requires you to file Form 4868 to request a tax extension, each state has its own requirements for obtaining a similar extension.

Brought to you by TurboTax.com

TurboTax® - What are Income Taxes?

Part of the 16th Amendment, income taxes are a part of our lives. Here are the details.

Brought to you by TurboTax.com

TurboTax® - What are Inheritance Taxes?

Inheritance taxes are taxes that a person needs to pay on money or property they have inherited after the death of a loved one. Here are the basics.

Brought to you by TurboTax.com

TurboTax® - What are Income Tax Rates?

Confused by what percentage of your income goes to taxes and why it does not match the rate in the tax table? Here are the basics on how income tax rates work.

Brought to you by TurboTax.com

TurboTax® - What is IRS Form 8917?

If you, your spouse or dependents attended post-secondary school, you may be able to deduct a portion of the tuition and fees by reporting it on IRS Form 8717.

Brought to you by TurboTax.com

TurboTax® - Video: How TurboTax Helps You Find Tax Deductions and Credits

TurboTax helps you to find tax deductions that can reduce your taxable income and tax credits that can reduce the amount of taxes you owe.

Brought to you by TurboTax.com

TurboTax® - How to Claim Tips on Your Tax Return

If you earn tips, you're responsible for paying income, Social Security, and Medicare tax on the tip money you receive.

Brought to you by TurboTax.com

TurboTax® - What Is IRS Form 5498?

If you made contributions to an IRA in the preceding tax year, you can expect to receive IRS Form 5498.

Brought to you by TurboTax.com

TurboTax® - Deductions Allowed for Contributions to a Traditional IRA

The contributions you make to a traditional IRA account may entitle you to a tax deduction each year.

Brought to you by TurboTax.com

TurboTax® - Are Contributions to Nonprofit Schools Tax Deductible?

Taxpayers are allowed to claim a deduction for donations they make to qualified organizations.

Brought to you by TurboTax.com

TurboTax® - About Casualty Deduction for Federal Income Tax

You may be eligible to claim a casualty deduction for your property loss if you suffer property damage during the tax year as a result of a sudden, unexpected or unusual event.

Brought to you by TurboTax.com

TurboTax® - About Student Loan Tax Credits

The federal government offers two tax credits that reduce your tax bill on a dollar-for-dollar basis for your school-related expenses.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Rebates?

Tax rebates encourage taxpayers to make certain types of purchases or to stimulate a flagging economy quickly by getting cash into consumers' hands.

Brought to you by TurboTax.com

TurboTax® - Are 501C3 Stock Investment Profits Tax-Exempt?

As long as a 501(c)(3) corporation maintains its eligibility as a tax-exempt organization, it will not have to pay tax on any profits.

Brought to you by TurboTax.com

TurboTax® - How to Pay Employer Federal Taxes

As an employer, there are a number of federal taxes you need to pay that relate to your employees.

Brought to you by TurboTax.com

TurboTax® - S-Corp Federal Tax Filing Dates

The S corporation has a responsibility to file an informational income tax return each year as well as a range of other IRS forms.

Brought to you by TurboTax.com

TurboTax® - Video: IRS Tax Return Retention Requirements

The IRS has some very specific requirements when it comes to tax return retention. Learn about IRS tax return retention requirements with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: What Is a 529 Plan Contribution?

A 529 plan contribution is a way to save some money on taxes through contributions to an account that can be used for education expenses. Get the facts on a 529 plan contribution with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: How to Get IRS Tax Relief for the Disabled

The IRS offers certain kinds of tax relief aimed at people who are or have become disabled. Get IRS tax relief for the disabled with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: What Is a Federal Tax Lien?

A federal tax lien is a hold placed on personal property if a person fails to make a tax payment. Avoid a federal tax lien with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: How to Find Your Tax Bracket

Finding the tax bracket you fall into will help you know how much money you have to pay in taxes each year. Find your tax bracket with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for Small Businesses

Small businesses have certain tax rules available to them that can help reduce the amount of money owed in taxes each year. Get tax tips for small business tax rules with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Benefits?

Tax benefits are things that save you money on taxes, like deductions or credits. Educate yourself about tax benefits with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Exemptions?

Tax exemptions work like a deduction and reduce your taxable income each year. Learn about tax exemptions with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: Home Repairs & Tax Deductions

You can claim tax deductions on certain types of repairs you make to your home throughout the year. Learn about home repairs and tax deductions with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Federal Taxes?

Federal taxes are taxes a person pays directly to the government of the United States. Research federal taxes with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: Does the IRS Allow Deductions for Donated Work?

The IRS allows you to claim a deduction for some out-of-pocket expenses you accrue when volunteering your time. Find out if the IRS allows deductions for your donated work with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: Federal Tax Incentives: The Wind Power Tax Credit

The "Wind Power" tax credit is just one of the many federal tax incentives available to tax payers in the United States. Learn about the "Wind Power" tax credit with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Inheritance Taxes?

Inheritance taxes are taxes that a person needs to pay on money or property they have inherited after the death of a loved one. Educate yourself about inheritance taxes with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: What Is the Capital Gains Tax?

The capital gains tax applies when a person sells a capital asset. Find out about the capital gains tax with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: Gift Tax IRS Rules

Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. The IRS charges taxes on certain monetary gifts that people make during the year. Learn about the IRS rules for Gift Tax with help from TurboTax in this video clip.

Brought to you by TurboTax.com

TurboTax® - Video: Who is the IRS?

The Internal Revenue Service (IRS) is a government organization responsible for collecting taxes from the American public. Learn about the IRS with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: IRS Definition of Wage Earner Offer in Compromise

"Wage Earner Offer in Compromise" is a specific situation that allows you to ask the IRS to lower the amount of tax you owe. Learn about the IRS definition of "Wage Earner Offer in Compromise" with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: How to Get Rid of an IRS Tax Lien

An IRS tax lien is an attempt by the Internal Revenue Service to collect on back taxes. Get rid of an IRS tax lien with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for Divorced Couples

A few different tax rules exist aimed specifically at people who have divorced since their last income tax filing. Get tax tips if you're divorced with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: How to Track Tax Deductions

Tax deductions allow you to decrease your taxable income which can save you money come tax season. Track tax deductions with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Filing Requirements for Children

Depending on how much money they made during the year, your children may very well have to file for taxes. Learn about tax filing requirements for children with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - An E-filing Environment - Did You Know?

E-filing tax returns has been increasing steadily in the last eight years, which is good news for our trees. Learn how e-filing helps our environment.

Brought to you by TurboTax.com

TurboTax® - See Where Your Tax Dollars Go with Your Federal Taxpayer Receipt

Your Federal Taxpayer Receipt is a new tool that shows you where your tax dollars are being spent.

Brought to you by TurboTax.com

TurboTax® - Video: TurboTax Is Easy and Accurate Tax Software

When it comes to taxes, TurboTax knows there's nothing more important than getting it right the first time.

Brought to you by TurboTax.com

TurboTax® - What Happens When Someone Forgets to File a 1099 on Their Tax Return?

You should receive a Form 1099 if a business or government entity sent you money during the year that is reportable on your taxes.

Brought to you by TurboTax.com

TurboTax® - What Is the IRS Form 4562?

If you've purchased property to use in your business, you can deduct a portion of your costs by claiming a depreciation deduction and reporting it on IRS Form 4562.

Brought to you by TurboTax.com

TurboTax® - Need More Tax Time? File a Tax Extension

If you need more time to complete your taxes, file a tax extension, but don't miss out on your chance for a tax refund by not filing at all. Learn more about tax extensions from this infographic. Use TurboTax Easy Extension to file an extension now.

Brought to you by TurboTax.com

TurboTax® - What Is the IRS Form 8889?

Before you can deduct your contributions to a health savings account (HSA), you must prepare IRS Form 8889.

Brought to you by TurboTax.com

TurboTax® - What is the IRS Form 941?

You must file IRS Form 941 if you operate a business and have employees working for you.

Brought to you by TurboTax.com

TurboTax® - What is the IRS Form 5695?

You must complete IRS Form 5695 if you qualify to claim the non-business energy property credit or the residential energy-efficient property credit.

Brought to you by TurboTax.com

TurboTax® - What Is the IRS Form 990?

Most tax-exempt organizations must annually file IRS Form 990, an informational tax form.

Brought to you by TurboTax.com

TurboTax® - What is the IRS Form 8283?

If the combined value of all property you donate is more than $500, you must prepare IRS Form 8283.

Brought to you by TurboTax.com

TurboTax® - How Do I File Back Tax Returns?

It?s never too late to file your back tax returns.

Brought to you by TurboTax.com

TurboTax® - Tax Filing Requirements for Children

The IRS requires that all taxpayers file a tax return, regardless of age.

Brought to you by TurboTax.com

TurboTax® - What is the IRS 1040A Form?

One of the three forms you can use to file your federal income tax return is IRS Form 1040A.

Brought to you by TurboTax.com

TurboTax® - What Is the IRS 1040EZ Form?

The simplest of the three tax forms you can use to file your federal income taxes is the IRS 1040EZ form.

Brought to you by TurboTax.com

TurboTax® - What Is an IRS 1040 Form?

One of the official documents that U.S. taxpayers can use to file their annual income tax return is the IRS 1040 form.

Brought to you by TurboTax.com

TurboTax® - How Do I Estimate the Value of My Donated Car for My Tax Deduction?

Deducting your car donation can save you a significant amount of income tax.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Laws?

The legal rules and procedures that govern how federal, state and local governments calculate the tax you owe are called tax laws.

Brought to you by TurboTax.com

TurboTax® - About Tax Deductions for a Mortgage

You can deduct the interest that you pay on your mortgage loan if the loan meets IRS mortgage requirements.

Brought to you by TurboTax.com

TurboTax® - Reasons for Filing for an Extension on Your Federal Taxes

The IRS grants you an automatic six-month extension to file your taxes every year, as long as you complete Form 4868.

Brought to you by TurboTax.com

TurboTax® - Self-Employed Federal Income Taxes

Self-employed people are responsible for paying the same federal income taxes as everyone else.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Amendments?

The IRS allows you to correct mistakes on a tax return you've already filed by filing an amended tax return.

Brought to you by TurboTax.com

TurboTax® - What Are Federal Taxes?

The U.S. Constitution authorizes the federal government to collect various types of taxes from you.

Brought to you by TurboTax.com

TurboTax® - What Are Standard Tax Deductions?

The standard tax deduction is a flat amount that the tax system lets you deduct, no questions asked.

Brought to you by TurboTax.com

TurboTax® - What Are Itemized Tax Deductions?

When it comes to reducing your taxable income, itemizing your deductions can really maximize your tax savings.

Brought to you by TurboTax.com

TurboTax® - How Do I Claim Someone As a Dependent on Taxes?

When you prepare your federal income tax return, it's likely you want to seek every possible deduction to reduce the amount of tax you owe. One way to do this is by claiming your children and other qualifying relatives as dependents.

Brought to you by TurboTax.com

TurboTax® - What is a Schedule C IRS form?

If you are self-employed, it's likely you need to fill out an IRS Schedule C to report how much money you made or lost in your business. Find out more about these forms in this article on tax tips.

Brought to you by TurboTax.com

TurboTax® - What are Income Tax Forms?

Income tax forms are the official government documents you're required to fill out when you pay your taxes.

Brought to you by TurboTax.com

TurboTax® - Tax Time: How to Get Out of Your Own Way

Brought to you by TurboTax.com

TurboTax® - What are Education Tax Credits?

If you or your dependent is a student, you may want to determine whether you are eligible for one of the two educational tax credits that cover common student expenses. Find out more about these tax credits and how you may benefit from them.

Brought to you by TurboTax.com

TurboTax® - What are IRS Forms?

IRS forms are documents that individuals and businesses use to report all financial activities to the federal government for purposes of calculating their tax liability.

Brought to you by TurboTax.com

TurboTax® - How to Handle a 2010 Inheritance

Did your family inherit an estate in 2010? If so, you have a rare opportunity: You can opt to use either the 2010 or 2011 tax rules. For inheritors of large estates, selecting the right approach could result in major tax savings.

Brought to you by TurboTax.com

TurboTax® - How To Do Your Back Income Taxes

Many taxpayers fail to file a return even when required to do so. Your obligation to file these returns never goes away, but catching up may be easier than you think.

Brought to you by TurboTax.com

TurboTax® - What is a Schedule A IRS form?

The Internal Revenue Service offers every taxpayer the option to itemize their deductions or to claim the standard deduction. The standard deduction amount varies depending on your filing status. However, if you have significant deductible expenses during the year, the total of which is greater than your standard deduction, you can itemize by reporting the expenses on Schedule A.

Brought to you by TurboTax.com

TurboTax® - How Do I Claim Someone As a Dependent on Taxes?

Brought to you by TurboTax.com

TurboTax® - What is IRS Publication 502?

If you itemize your deductions and anticipate including some of your medical and dental expenses, then IRS Publication 502, "Medical and Dental Expenses," can help you determine which expenses qualify in the current tax year. After you total all of your deductible medical and dental bills, you can deduct only the portion that exceeds 7.5 percent of your Adjusted Gross Income (AGI).

Brought to you by TurboTax.com

TurboTax® - What Is My Income Tax Deduction Based On?

Tax deductions allow you to reduce the amount of your income that is subject to income tax. These deductions are based on a variety of factors. Some relate to expenses you pay during the year while others are fixed by the government and have no relation to any costs you incur. Since each deduction has different criteria, the amount you claim is also based on whether you can satisfy all of the requirements.

Brought to you by TurboTax.com

TurboTax® - What is the IRS 1040X Form?

If you ever discover an error on a tax return, or realize you qualify for deductions or credits you didn't take, or forgot to include some income, you may be able to amend your return by filing a Form 1040X. When you prepare the 1040X, it's not necessary to complete a brand new tax return. Form 1040X only requires that you update the numbers that will change.

Brought to you by TurboTax.com

TurboTax® - What is the IRS Form 8863?

If you plan on claiming one of the IRS educational tax credits, be sure to fill out a Form 8863 and attach it to your tax return. These credits can provide a dollar-for-dollar reduction in the amount of tax you owe at the end of the year for the costs you incur to attend school. Before preparing the form, however, make sure that you satisfy the requirements of an eligible student.

Brought to you by TurboTax.com

TurboTax® - How to Read Federal Tax Tables

Understanding how to use the federal tax tables will make it easier for you to calculate the tax you owe.

Brought to you by TurboTax.com

TurboTax® - How to File an Amended Return With the IRS

If you've made an error on a tax return you already filed or simply come across new information, such as a tax deduction or credit you now realize you qualify for, file an amended tax return to make the correction. The Internal Revenue Service (IRS) knows the tax code is complex, and that people make mistakes. The process for filing an amendment is straightforward. Simply file Form 1040X, Amended Tax Return, along with the corrected or additional documents you did not originally file with your return.

Brought to you by TurboTax.com

TurboTax® - Tax Guidelines About Gifting

The IRS requires you to report all taxable gifts you make during the year and pay the appropriate tax. However, due to the generous exclusions and deductions available, the average taxpayer never files a gift tax return or pays gift tax. The intention of the federal government is to only impose a tax on wealthy individuals who dispose of their wealth by making high-value gifts.

Brought to you by TurboTax.com

TurboTax® - What Are IRS Publications?

IRS publications provide answers on nearly every tax topic you're likely to face.

Brought to you by TurboTax.com

TurboTax® - Does Everyone Need to File an Income Tax Return?

Not everyone is required to file an income tax return each year. Generally, if your total income for the year doesn't exceed the standard deduction plus one exemption and you aren't a dependent to another taxpayer, then you don't need to file a federal tax return. The amount of income that you can earn before you are required to file a tax return also depends on the type of income, your age and your filing status.

Brought to you by TurboTax.com

TurboTax® - What Are State Sales Taxes?

Many states and local governments impose a direct tax on consumption when you purchase goods and services.

Brought to you by TurboTax.com

TurboTax® - LLC Tax Filing Rules

If you operate your business using a limited liability company (LLC), then you have more flexibility in choosing how the IRS taxes your business earnings. Your choice will directly influence the tax filing rules you are subject to. There is no set of tax rules that specifically apply to LLCs; the IRS allows the LLC to use partnership, corporate or sole proprietor tax rules.

Brought to you by TurboTax.com

TurboTax® - How to Write Off Sales Taxes

The Internal Revenue Service (IRS) permits you to write off either your state and local income tax or sales taxes when itemizing your deductions. People who live in a state that does not impose income taxes often benefit most from this deduction. However, you might also be better off deducting sales taxes instead of income taxes if you make large purchases during the year and your total sales tax payments exceed those for state income tax. You can use either the actual sales taxes you paid or the IRS optional sales tax tables.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Credits?

A tax credit is a dollar-for-dollar reduction of the income tax you owe.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Extensions?

The IRS allows individuals, businesses and estates to file a tax return after the deadline by obtaining an extension.

Brought to you by TurboTax.com

TurboTax® - How Do Tax Deductions Work When Donating a Car?

Donating your car to charity can result in significant tax savings if you include it in your charitable contribution deduction. However, doing a little planning will ensure that you maximize the tax savings of your donation. The Internal Revenue Service (IRS) requires you to calculate your deduction in one of two ways, depending on how the charity uses your donation. Deductions for cars the charity sells are limited to the sales price. In all other cases, you can use the car's fair market value.

Brought to you by TurboTax.com

TurboTax® - How to Use Work Clothes As a Tax Deduction

If you have to buy a smart new suit for your paralegal job or uniforms for your National Guard duties, it might seem these are obvious work expenses and valid tax deductions. Not necessarily, according to the Internal Revenue Service (IRS). Work clothes that can double as street or evening clothes are no more deductible than anything else in your closet. To claim a deduction for buying clothes, the clothes have to be mandatory for your job and unsuitable for everyday wear.

Brought to you by TurboTax.com

TurboTax® - What are Tax Appeals?

Tax appeals are a common way to resolve disagreements you have with the IRS that relate to items you report on your return. If you decide to go this route, there are procedures you must follow to insure you retain your right to an appeal.

Brought to you by TurboTax.com

TurboTax® - What are Tax Brackets?

The United States uses a progressive tax system, which means different portions of your income are taxed at different rates. Learn more about this system and how it impacts you in this article about tax brackets.

Brought to you by TurboTax.com

TurboTax® - What are Tax Tables?

When you file your federal taxes, the amount of tax you owe is based on a number of different factors such as your filing status, your deductions and exemptions and the amount of income you earn. Tax tables show the specific dollar amount of tax you owe based on these variables and the applicable tax rates for the year. Each of the 43 states that assess personal income tax use tables that are based on similar factors.

Brought to you by TurboTax.com

TurboTax® - What are Tax Exemptions?

Tax exemptions come in many forms, but one thing they all have in common is they either reduce or entirely eliminate your obligation to pay tax. Most taxpayers are entitled to an exemption on their tax return that reduces your tax bill in the same way a deduction does. Federal and state governments frequently exempt organizations from income tax entirely when it serves the public, such as with charities and religious organizations.

Brought to you by TurboTax.com

TurboTax® - Can You Claim Gambling Losses on Your Taxes?

Gambling losses are indeed tax deductible, but only to the extent of your winnings. Find out more about reporting gambling losses on your tax return.

Brought to you by TurboTax.com

TurboTax® - What Filing Status Deducts the Most Taxes?

Your filing status can make a big difference in how much income tax you pay. If you make $40,000 a year, for instance, the amount of tax you will pay depends on which filing status you qualify for. The difference in tax rates are significant and can mean the difference between paying up to 15 percent or 25 percent. Your decision to file single, jointly or as head of household will also affect the size of your standard deduction.

Brought to you by TurboTax.com

TurboTax® - What If I Did Not File My State Taxes?

At the time of this writing, the only states that do not charge a state income tax are Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming. If you live or earn money in one of the other 41 states or the District of Columbia, you may need to file a state income tax return by April 15. It is a separate and independent requirement from filing your federal tax return and failure to file it on time may result in interest and penalty charges.

Brought to you by TurboTax.com

TurboTax® - Are Home Interest Loans Deductible From Taxes?

The federal government encourages you to purchase a home by allowing for the deduction of mortgage interest. Find out more about this deduction and how you can benefit from it.

Brought to you by TurboTax.com

TurboTax® - What Happens When Both Parents Claim a Child on a Tax Return?

The Internal Revenue Service (IRS) allows you to reduce taxable income with an exemption for each child you claim on a tax return. If you do not file a joint return with your child's other parent, then only one of you can take the exemption. When both parents claim the exemption, the IRS will disallow it for the one who doesn't live with the child.

Brought to you by TurboTax.com

TurboTax® - What Information Is Needed for Tax Returns?

A tax return is a document you must file with the government showing how much income you earned in a particular year. For personal federal income tax filings, there are three forms to choose from: Form 1040, Form 1040A and Form 1040EZ. All taxpayers can choose to file using Form 1040; however, if you prefer to report your income tax on one of the two shorter forms, there are eligibility requirements you must satisfy first.

Brought to you by TurboTax.com

TurboTax® - Are Contributions to School District Programs Tax Deductible?

The IRS allows you to claim a deduction for the donations you make to qualified organizations. These organizations include more than just charities and will include any school district program that does not operate for profit and is solely supported by state and local governments.

Brought to you by TurboTax.com

TurboTax® - Is Interest on Credit Cards Tax Deductible?

The IRS allows you to deduct certain expenses from your total income to arrive at taxable income, which is the portion of your earnings that is subject to tax. Some of these expenses include your payments of interest on a mortgage and for business loans. However, when you use a credit card for personal purchases, the interest you pay is nondeductible personal interest.

Brought to you by TurboTax.com

TurboTax® - What is the Lifetime Learning Tax Credit?

With the rising cost of higher education, many taxpayers wonder how they can offset some of their school expenses. One option is to claim the Lifetime Learning credit on your federal income tax return. This credit reduces your tax bill on a dollar-for-dollar basis for a portion of the tuition and fees you pay for yourself, a spouse or a dependent to enroll in school.

Brought to you by TurboTax.com

TurboTax® - Video: How to Find Tax Laws

Though it can be difficult, you can find tax law information in a few different places.

Brought to you by TurboTax.com

TurboTax® - Video: What Are State Tax Forms?

State tax forms are information forms that you fill out when filing your state income tax return.

Brought to you by TurboTax.com

TurboTax® - How Do I Get an Extension on Taxes?

Find out how to file a Federal tax extension and extend your filing deadline until October.

Brought to you by TurboTax.com

TurboTax® - How to Itemize Taxes When Claiming Dependents

Claiming dependents and itemizing deductions is an effective way to save money on your income taxes. Each dependent you claim allows you to reduce your taxable income by one exemption. Get a step-by-step overview on how to take advantage of itemizing your taxes when claiming dependents in this article on tax tips.

Brought to you by TurboTax.com

TurboTax® - What Percent of Church Giving Can Be Taken Off Federal Taxes?

When you prepare your federal tax return, the IRS allows you to deduct the donations you make to churches. If your church operates solely for religious and educational purposes, your donation will qualify for the tax deduction. As long as you itemize your deductions, you can generally claim 100 percent of your church donations as a deduction.

Brought to you by TurboTax.com

TurboTax® - When Does a Senior Citizen on Social Security Stop Filing Taxes?

The IRS requires you to file a tax return when your gross income exceeds the sum of the standard deduction for your filing status plus one exemption amount. These filing rules still apply to senior citizens who are living on Social Security benefits. If you are a senior, however, you don't count your Social Security income as gross income. If Social Security is your sole source of income, then you don't need to file a tax return.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Credits?

Tax credits are one of the most valuable tax-saving tools you can use.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Amendments?

If you want to make changes to a tax return, you must file an amended return.

Brought to you by TurboTax.com

TurboTax® - Video: How to File for an Extension of State Taxes

If you don't have enough time to file your state income tax return by the deadline, you can file a tax extension.

Brought to you by TurboTax.com

TurboTax® - Video: What are Tax Laws?

Tax laws are specific laws relating to the tax system in the United States. Learn about these laws with help from TurboTax in this video.

Brought to you by TurboTax.com

TurboTax® - Video: IRS Penalties for Abatement

Not paying your taxes on time without IRS consent is called abatement. Learn about IRS penalties for abatement with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - What are Tax Tables?

The tax tables issued by the federal government and many state governments determine what amount of tax you owe based on your net income after deductions and exemptions. See how your tax status affects your position on the tables in this video.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for Teachers

Note: The content of this video applies only to taxes prepared for 2011 and earlier. It is included here for reference only. Teachers can claim certain deductions on their income taxes that aren't available to people in other professions. Find out about some of these tax tips with help from TurboTax.

Brought to you by TurboTax.com

TurboTax® - Video: What is a Flat Tax?

A flat tax requires you to pay a fixed percentage of your income, no matter what that income actually is.

Brought to you by TurboTax.com

TurboTax® - Video: Why Does the IRS Audit People?

The IRS performs an audit on an individual for a wide variety of different reasons. Find out why the IRS audits people with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: How To Understand Your Taxes

Understand your taxes with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: What are Income Taxes?

Income taxes are a percentage of money that you pay to the government based on every dollar you make at your job. Learn about income taxes with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: IRS 1099 Levy Contractor Options

The IRS may perform a levy on a 1099 contractor to collect back taxes owed from the previous year. Find out about IRS 1099 levy contractor options with help from TurboTax in this video.

Brought to you by TurboTax.com

TurboTax® - Video: What is a Federal Tax Lien on a Home?

The IRS can respond to delinquent taxes by putting a federal tax lien on your home, but you can avoid this extreme measure through proper communication and cooperation with the authorities. Learn how to keep your home in this video on tax basics.

Brought to you by TurboTax.com

TurboTax® - Video: What are Income Tax Forms?

A number of tax forms exist to cover federal, state and city tax filing situations, but online filing can help you file your taxes accurately even if you can't tell one form from another. Discover why standardized filing makes a difference in this video on tax basics.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Guidelines About Gifting

Note: Some of the content of this video applies only to taxes prepared prior to 2012. It is included here for reference only. Find out the tax guidelines about gifting with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: What are Income Tax Rates?

Income tax rates change depending on both the amount of money you make and how you made it. Find out about income tax rates with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: How to Prove Head of Household for the IRS

Learn how to prove "Head of Household" status for the IRS with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for the Newly Married

Newly married couples may have access to a variety of tax breaks depending on whether they file jointly or separately, as these tax tips will reveal. Enjoy your wedded bliss even more with the help of this video on tax basics.

Brought to you by TurboTax.com

TurboTax® - Video: Why Would I Owe Federal Taxes?

Why would you owe federal taxes even though your employer withholds taxes from your paycheck throughout the year? Learn how the number of allowances you claim can affect your balance with the IRS on April 15th in this video on tax basics.

Brought to you by TurboTax.com

TurboTax® - Video: What are Tax Tables?

Brought to you by TurboTax.com

TurboTax® - Video: What is the Fair Tax?

What do people mean when they mention the Fair Tax Movement, and why does this movement not affect you when you prepare your tax returns? Learn about the history and purpose of the Fair Tax movement in this video on tax basics.

Brought to you by TurboTax.com

TurboTax® - Video: Expenses That are Tax Deductible When Working From Home

If you work from home, certain expenses that are unique to your situation are deductible on your income taxes. Find out which expenses are tax deductible with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - Video: Federal Tax Deductions for Home Renovation

Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. Learn about federal tax deductions for home renovation with help from TurboTax in this video on tax tips.

Brought to you by TurboTax.com

TurboTax® - How Are Federal Taxes Spent?

All citizens must pay taxes. How are these federal taxes being spent?

Brought to you by TurboTax.com

TurboTax® - Federal Tax Deductions for Home Renovation

There are a number of ways that you can use home renovations and improvements to minimize your taxes.

Brought to you by TurboTax.com

TurboTax® - Federal Tax Credit for Solar Energy

To encourage Americans to use solar power, the EPA and the Department of Energy offers tax credits for solar-powered appliances.

Brought to you by TurboTax.com

TurboTax® - Can I Write Off Credit Card Interest on My Taxes?

You're allowed to take a tax deduction for some types of interest payments. Can I write off credit card interest on my taxes?

Brought to you by TurboTax.com

TurboTax® - Can I File an Income Tax Return if I Don't Have Any Income?

Any year you have minimal or no income, you may be able to skip filing your tax return and the related paperwork.

Brought to you by TurboTax.com

TurboTax® - Can I Deduct My Computer for School on Taxes?

You may be able to get back the cost of that computer you're using for school on your income taxes.

Brought to you by TurboTax.com

TurboTax® - Billions WordPress Theme

Billions is a highly customizable and search engine optimized WordPress theme that can take any website to the next level.

Brought to you by TurboTax.com

TurboTax® - Can I Convert My LLC to an S-Corp When Filing My Tax Return?

Converting your LLC to an S-Corp when filing your tax return can be a complicated process, but it is possible. Find out how it can be done.

Brought to you by TurboTax.com

TurboTax® - Can I Claim Medical Expenses on My Taxes?

Medical expenses can take a bite out of your budget, especially if you have unforeseen emergencies that are not fully covered by your insurance. The Internal Revenue Service allows taxpayers some relief, making some of these expenses partly tax-deductible. To take advantage of this tax deduction, you need to know what counts as a medical expense and how to claim the deduction.

Brought to you by TurboTax.com

TurboTax® - 10 Strange But Legitimate Federal Tax Deductions

With tax season in full swing, and people trying to deduct all that they can, we thought it the perfect time to highlight some strange but legitimate tax deductions.

Brought to you by TurboTax.com

TurboTax® - At What Income Does a Minor Have to File an Income Tax Return?

If your kids are young enough to be your dependents, they may have to pay taxes. In some cases, you may be able to include their income on your tax return; in others, they'll have to file their own tax return or you will have to file a separate return on their behalf. Whether this is required depends on both the amount and source of the minor's income.

Brought to you by TurboTax.com

TurboTax® - Are Losses on a Roth IRA Tax Deductible?

When the value of your investments in a Roth IRA (Roth Individual Retirement Account) decreases, you might wonder if there is a way to write off those losses on your federal income tax return. Find out what you can and can't write off when it comes to your Roth IRA.

Brought to you by TurboTax.com

TurboTax® - Are GI Benefits Considered Income on Your Tax Return?

If you're a service member or a veteran with an honorable discharge, the bill may provide funding to handle some or most of the costs of college. The benefits can add up to thousands of dollars, but they're not taxable, and you do not have to report them as income on your individual income tax return (Form 1040).

Brought to you by TurboTax.com

TurboTax® - Are Energy Efficient Appliances Tax Deductible?

As an incentive to conserve energy at home, the federal government offers tax credits to homeowners who purchase energy-efficient appliances. The program is known as Energy Star. Learn more about this program and how you may benefit from it.

Brought to you by TurboTax.com

TurboTax® - Are College Entrance Exams Tax Deductible?

The fees for taking SAT, ACT and other college entrance exams are not tax-deductible, but the federal government does allow a number of educational deductions and tax credits. Find out more about these educational tax credits and how you can benefit from them.

Brought to you by TurboTax.com

TurboTax® - Are 403(b) Contributions Tax Deductible?

Employees of various nonprofit organizations such as schools and other tax-exempt organizations can benefit from enrolling in a 403(b) plan, officially known as a tax-deferred annuity. Find out how these plans may benefit you.

Brought to you by TurboTax.com

TurboTax® - What is the American Opportunity Tax Credit?

The American opportunity credit allows taxpaying students the opportunity to settle the cost of attending college. The credit offers greater tax savings than a tuition deduction since it reduces the tax you owe on a dollar-for-dollar basis rather than just reducing the amount of income subject to tax. However, there are several requirements for eligibility.

Brought to you by TurboTax.com

TurboTax® - What Are Tax Deductions?

The federal tax law allows you to deduct several different personal expenses from your taxable income each year. This can really pay off during tax season because the reduction to taxable income reduces the amount of income that is subject to federal income tax. However, not all expenses you incur will provide tax savings; the Internal Revenue Code is very specific about the types of expenses you can deduct and the taxpayers who may claim them.

Brought to you by TurboTax.com

TurboTax® - What Are Estate Taxes?

Brought to you by TurboTax.com

TurboTax® - What Are Energy Tax Credits?

In an attempt to promote a healthier environment, the U.S. Congress authorizes an array of energy tax credits as incentive for people using alternative energy resources. If you?re eligible, these tax credits reduce the amount of income tax you owe on a dollar-for-dollar basis. To give that some context, a tax deduction only reduces the amount of income that is subject to tax, so energy tax credits could save you a lot of money.

Brought to you by TurboTax.com

TurboTax® - What Are Disability Tax Credits?

The elderly and disabled can receive a tax credit that could reduce and even potentially eliminate the tax they owe for the entire year. Here's how to figure out if you qualify.

Brought to you by TurboTax.com

TurboTax® - What Are Dependents?

The IRS allows exemptions for every dependent you claim on your tax return. So come tax season, even one dependent can really reduce the amount of your income subject to tax. Sounds good, right? Well hold on, the IRS requires that both you and the dependent meet all eligibility criteria before claiming the exemption. Here?s how to find out if you?re eligible.

Brought to you by TurboTax.com

TurboTax® - How to Check for Unclaimed Tax Refunds

The Internal Revenue Code puts a limit on the time in which you can claim a refund for the overpayment of tax. You have to file the claim within three years from the date you file the original tax return or, if you don?t file a return, within two years of the date you actually overpay the tax.

Brought to you by TurboTax.com

TurboTax® - Video: How to Estimate the Value of Clothing for IRS Deductions

Learn how to estimate the value of clothing for IRS tax deductions as charitable donations. The value of clothing donations to charity are based on published lists of retail values or current thrift store prices. List your donation values on the form 8283 with the help of TurboTax in this video on filing annual taxes.

Brought to you by TurboTax.com

TurboTax® - Video: Common Income Tax Deductions

Some common income tax deductions that can lower your annual taxes include mortgage interest, state and local property taxes, charitable contributions, and non-reimbursed work expenses. Find deductions that you are eligible for with help from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: What Is Social Security Tax?

Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. Social security tax is collected by the government to fund the benefits of retirees and those unable to work. Discover how much you owe in social security taxes with help from TurboTax in this video on annual tax filing

Brought to you by TurboTax.com

TurboTax® - Video: What Is the Lifetime Learning Tax Credit

The Lifetime Learning tax credit is available to anyone who takes at least one class during the year at a post-secondary school, whether it counts toward a degree or not. Obtain the available tax credits for students with information from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for a New Baby

A new baby in the family can make your family eligible for specific tax breaks, including a dependent tax exemption. Retrieve a social security number for the new addition to your family before claiming these tax breaks with information from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Extensions?

Tax extensions are available to anyone who needs extra time to file, but it does not apply to payment deadlines. Submit the proper forms before April 15th to get a filing extension with help from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Breaks?

Tax breaks refer to any applicable tax laws that reduce the amount of taxes you owe at the end of the year. Find out which tax breaks apply to you with information from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: Federal Tax Credit for Solar Energy

Note: Some of the content of this video applies only to taxes prepared for 2010. It is included here for reference only. If you have installed solar panels onto your primary residence, you could receive 30 percent of the cost back as an energy tax credit. Find out how eco-friendly choices can save you money around tax season with help from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: 2012 Tax Tips for Students

Students can accumulate tax reimbursements of up to $2,500 for tuition, books and supplies. Find out if you qualify for either the American Opportunity or the Lifetime Learning tax credits with information from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Appeals?

Tax appeals are often necessary in the unlikely case you are audited, and it's a surprisingly informal and quick process. Understand how to appeal a tax audit with information from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Schedules?

Tax schedules are sometimes required as attachments to your basic tax filing, the most common being a Schedule A for itemized tax deductions. Learn about tax schedules with information from TurboTax in this video on annual tax filing.

Brought to you by TurboTax.com

TurboTax® - A Comparative Look at State Taxes

Ever wondered which state has the highest gas tax or the lowest overall tax burden? Interact with the infographic below to compare income tax, property tax, and other taxes by state.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Tax Deductions?

Tax deductions reduce the amount of tax you owe by allowing you to subtract certain expenses from your income.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Energy Tax Credits

Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. If you purchased an electric car or made eco-friendly improvements to your home this year, you may be eligible to reduce the amount of tax you owe by claiming one of the energy tax credits.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Dependents?

If you financially support a child, parent, relative or even a friend, you may be able to claim them as a dependent on your tax return and take an exemption.

Brought to you by TurboTax.com

TurboTax® - Video: What Are Estate Taxes?

Note: The content of this video applies only to the years 2010 and earlier. It is included here for reference only. The estate tax generally affects only the top two percent of the wealthiest individuals and was never intended to apply to the average taxpayer. However, here's how it works.

Brought to you by TurboTax.com

TurboTax® - Video: The 2010 Energy Tax Credit

Note: The content of this video applies only to taxes prepared for 2010. It is included here for reference only. With the Nonbusiness Energy Property Credit you can take a credit for 30% of what you paid for your insulation, up to $1,500--as long as the improvement makes your home more energy-efficient.

Brought to you by TurboTax.com

TurboTax® - Employees Can Deduct Workplace Expenses

Deducting business expenses isn't just for the self-employed. Taxpayers classified as employees can also deduct some of their unreimbursed business expenses.

Brought to you by TurboTax.com

TurboTax® - Tax Refunds - Better Than Christmas?

Every year, millions of Americans get a financial windfall in the form of a tax refund. Here, we've gathered some key tax filing statistics on how they're getting those refunds -- everything from how people file, to commonly-missed tax deductions, to the number of tax returns that are e-filed.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Tips for the Self-Employed

The rules for self-employed taxpayers can be complicated. But there?s no need to worry as long as you follow some basic rules from the IRS.

Brought to you by TurboTax.com

TurboTax® - Video: Deducting Charitable Contributions

You can deduct most or all of your charitable contributions. Just be sure to follow the IRS?s hard-and-fast rules.

Brought to you by TurboTax.com

TurboTax® - Video: Claiming Dependents on Your 2012 Tax Return

Note: The content of this video applies only to taxes prepared for 2012. It is included here for reference only.Almost any relative can be claimed as a dependent for tax purposes. So can non-relatives such as foster children or domestic partners. But you do have to meet all the rules the IRS sets.

Brought to you by TurboTax.com

TurboTax® - Video: Deducting Mortgage Interest and Property Tax

If you itemize your deductions on Schedule A of your 1040, you can deduct the mortgage interest and property taxes you've paid.

Brought to you by TurboTax.com

TurboTax® - New Small Business Legislation Benefits Both Businesses and Individuals

The Small Business Jobs Act of 2010 offers additional tax breaks for both business owners and individual taxpayers.

Brought to you by TurboTax.com

TurboTax® - Last Call Tax Tips for 2010

Unless Congress acts, several important tax benefits will expire at the end of 2010.

Brought to you by TurboTax.com

TurboTax® - The Lowdown on Education Tax Breaks

College is more expensive than ever, but credits and deductions can help you cut thousands off your 2012 tax bill. In its report, Trends in College Pricing 2010, the College Board reports that over the past decade, the cost of a higher education has increase at an annual rate of 5.6 percent beyond the rate of general inflation. To help parents and students cover these expenses, there are some education-related tax benefits you can take advantage of in 2012. Here are the details.

Brought to you by TurboTax.com

TurboTax® - 7 Crazy Taxes from the US and Abroad

Death and taxes are the only certainties in life, and it seems there is no limit to when or how either can occur. Yet, there are tons of taxes that are stranger, and shorter lived, than others.

Brought to you by TurboTax.com

TurboTax® - Video: Just for Fun: ROBERT FATA TurboTax Contest Submission

TurboTax "Just for Fun" video

Brought to you by TurboTax.com

TurboTax® - Video: Just for Fun: KIM TurboTax Contest Submission

TurboTax "Just for Fun" video

Brought to you by TurboTax.com

TurboTax® - Video: Can I Deduct the Cost of a New Computer on My Taxes?

Can I deduct the cost of a new computer on my taxes? Yes, if you are using it more than 50% of the time for business purposes.

Brought to you by TurboTax.com

TurboTax® - Video: TurboTax Searches Over 350 Tax Deductions

The unique GPS feature in TurboTax guides you step-by-step through your tax return to your maximum tax refund ... by searching over 350 deductions.

Brought to you by TurboTax.com

TurboTax® - Video: TurboTax Guides You Through Your Taxes Like a GPS

TurboTax Federal Free Edition guides you through your tax return, step-by-step. It's free to prepare, free to print, free to e-file and helps you get to your maximum tax refund guaranteed.

Brought to you by TurboTax.com

TurboTax® - Video: How to Amend Your Tax Return

What to do if you filed your tax return with TurboTax, and now need to change it. TurboTax makes it easy to amend your tax return and file it again.

Brought to you by TurboTax.com

TurboTax® - Video: Child Care Tax Credits

Did you pay for child care so you could work or look for work? If so, you may qualify for $3,000 in tax credits for one dependent, and a maximum of $6,000 for two dependents or more.

Brought to you by TurboTax.com

TurboTax® - Video: What's the Child Tax Credit - How Do I Qualify?

Did you know that your greatest joy can also be one your biggest tax deductions? You can get back up to $1,000 on your return if you have a child 16 or younger.

Brought to you by TurboTax.com

TurboTax® - Video: IRS Rules for Charitable Giving

Most donations to places of worship, international relief organizations and war veterans groups are tax-deductible.

Brought to you by TurboTax.com

TurboTax® - Video: How To Reduce Errors on Your Tax Return

Did you know that errors on your tax return can affect the amount of your tax bill and the amount of time it takes to get a refund? Fortunately, TurboTax helps you avoid errors AND be sure you're getting all the tax deductions and credits you deserve.

Brought to you by TurboTax.com

TurboTax® - Video: Save Taxes by Saving Energy

From basements to attics, the federal government wants homeowners to save energy year-round. They're even willing to pitch in with tax credits for energy-efficient improvements.

Brought to you by TurboTax.com

TurboTax® - Video: Making Work Pay Tax Credit 2009

Most Americans enjoyed an instant tax break last year thanks to the Making Work Pay Tax Credit. But some may face an unexpected tax bill in April.

Brought to you by TurboTax.com

TurboTax® - Video: The New 2009 Tax Deduction for Car Buyers

If you bought a new car, motorcycle, RV or SUV this year, a new tax break could help you pay for your next tune-up.

Brought to you by TurboTax.com

TurboTax® - Video: Tax Deductions for Job Hunters

Searching for a new job can run up costs. Can you deduct them on your tax return? Yes, but with a few limitations.

Brought to you by TurboTax.com

TurboTax® - Rules for Claiming a Dependent on Your Tax Return

Rules on dependents can help you save thousands of dollars on your taxes. Yet many of us are not aware of who in our family may qualify as our dependent. Review the basic rules here.

Brought to you by TurboTax.com

TurboTax® - Video: Learn About The First-Time Homebuyer's Credit

In November 2009, the federal government extended and expanded the popular First-Time Homebuyer's Credit program. It lets you trim your tax bill by up to $8,000, a boon to homeowners facing mortgage payments for the first time.

Brought to you by TurboTax.com

TurboTax® - Video: Learn About the New College Tax Credit

Is college tuition in the future for you or your kids? Then check out this expanded federal tax break. The new American Opportunity Tax Credit extends bigger financial benefits to many more college tuition-paying middle-class families and is available through 2012.

Brought to you by TurboTax.com

TurboTax® - How Healthcare Reform Will Change the Way You Pay Taxes

Now that healthcare reform is the law of the land, it's time to think about how it will affect your taxes. Whether your income is high, low or in-between, everyone will be affected in some way. Here's a year-by-year breakdown of what's on the horizon and details about how the new law may change the amount of tax you pay.

Brought to you by TurboTax.com

TurboTax® - The Top Tax Myths (And What Happens When You Believe Them)

Brought to you by TurboTax.com

TurboTax® - America's Greenest States

See which states are "going green" by offering the most eco-friendly financial incentives and tax breaks.

Brought to you by TurboTax.com

TurboTax® - Make Withholding Changes Work for You

The Making Work Pay tax credit gave all wage earners a small increase in their paychecks by way of reduced federal withholding. Here's how the credit will affect your 2010 tax return.

Brought to you by TurboTax.com

TurboTax® - Deducting Contributions to Haitian Earthquake Relief on Your 2009 Return

Following the disastrous earthquake in Haiti on January 12, 2010, an overwhelming number of taxpayers have made generous cash contributions to the relief effort. Here's what you need to know about claiming credit for these contributions on your 2009 tax return.

Brought to you by TurboTax.com

TurboTax® - Deducting Health Insurance Premiums If You're Self-Employed

Most self-employed taxpayers can deduct health insurance premiums, including age-based premiums for long-term care coverage. Write-offs are available whether or not you itemize, if you meet the requirements.

Brought to you by TurboTax.com

TurboTax® - The Gift Tax Made Simple

If you make large enough gifts to relatives or friends, you might owe the federal gift tax. Here are the basics on how the tax works.

Brought to you by TurboTax.com

TurboTax® - Now Everyone Can Convert to a Roth

New rules for converting your traditional IRA to a Roth IRA began in 2010. Now everyone can convert to a Roth IRA.

Brought to you by TurboTax.com

TurboTax® - Selling Rental Real Estate at a Loss

You may own rental real estate that you need to sell at a loss. To help ease the pain, losses from selling rental properties generally receive favorable tax treatment.

Brought to you by TurboTax.com

TurboTax® - 10 Energy-Related Home Improvements You Can Make Today

Note: The content of this article applies only to taxes prepared for 2010. It is included here for reference only. Homeowners have a variety of financial incentives to "go green." There are improvements, small and large, that can make your home more energy-efficient while also saving you money and taxes.

Brought to you by TurboTax.com

TurboTax® - 8 of the Craziest Illegal Tax Deductions Ever Claimed

These 8 tax deductions were actually claimed, and -- unfortunately for the individuals involved -- turned out to be highly illegal.

Brought to you by TurboTax.com

TurboTax® - Unmarried First-Time Homebuyers: Who Gets the Credit for a 2010 Purchase?

Note: The content of this article applies only to taxes prepared for 2010. It is included here for reference only. When two unmarried individuals buy a home together, who gets the $8,000 First-Time Homebuyer Credit? There's only one credit per home, and the IRS says that qualified buyers can divide the credit pretty much however they want.

Brought to you by TurboTax.com

TurboTax® - Homebuyer Tax Credit: 7 Surprising Facts

The Homebuyer Tax Credit was extended and expanded on November 6, 2009, but qualifying for it can still be tricky. If you're hoping to claim the credit in 2010, these tips could help you.

Brought to you by TurboTax.com

TurboTax® - Small Business Break: Get a Refund of Taxes Paid in Previous Years

The Worker, Homeownership, and Business Assistance Act of 2009 (signed into law on November 6) gives your small business a potentially valuable tax break if it has a 2009 net operating loss (NOL).

Brought to you by TurboTax.com

TurboTax® - Energy Tax Credit: Which Home Improvements Qualify?

Learn which improvements qualify for a tax break. Some improvements could save you even more.

Brought to you by TurboTax.com

TurboTax® - Cash for Clunkers: Don't Overlook Sales Tax Break

The popular Cash for Clunkers program came to a screeching halt on Aug. 24. If you bought a new vehicle under the government's economic-stimulus program, you could get yet another stimulus benefit when you file your 2009 federal tax return.

Brought to you by TurboTax.com

TurboTax® - 10 Misconceptions About the 2009 Stimulus

The 2009 stimulus package contains tax breaks for almost everyone. But with so many new tax breaks, there's bound to be some confusion. We've compiled the 10 most common misconceptions about the stimulus, along with the real tax facts.

Brought to you by TurboTax.com

TurboTax® - Uncle Sam to the Rescue

New rules make it easier than ever for taxpayers to get tax breaks on casualty loss deductions, following the devastating floods, hurricanes and fires in 2008.

Brought to you by TurboTax.com

TurboTax® - Conserve Energy, Save Money with Larger Credits

Note: The content of this article applies only to taxes prepared for 2010. It is included here for reference only. If you are trying to save money on your energy bills by making some energy-saving improvements, the government wants to give you a hand.

Brought to you by TurboTax.com

TurboTax® - Inside the 2009 Stimulus Package

See a visual breakdown of what the 2009 American Recovery and Reinvestment Act -- a new economic stimulus bill that gives tax breaks to 95 percent of Americans -- could look like for your family.

Brought to you by TurboTax.com

TurboTax® - Bigger, Better College Tax Credit

A key tax credit that helps families pay for college got a major boost in the 2009 stimulus bill. The credit is bigger, covers more years of college, and helps more taxpayers.

Brought to you by TurboTax.com

TurboTax® - New Making Work Pay Credit Increases Your Take-Home Pay

The key tax cut in the massive stimulus plan signed into law by President Obama is a tax credit that's worth $400 for a single taxpayer, or $800 for a married couple who files a joint return.

Brought to you by TurboTax.com

TurboTax® - Taking the First-Time Homebuyer Credit

Note: The content of this article applies only to taxes prepared for 2009 and 2010. It is included here for reference only. It's a new and improved version of the 2008 First-Time Homebuyer Credit that should help make buying a home more affordable for many buyers. The credit has been increased to $8,000 and doesn't have to be repaid. For purchases after November 6, 2009, a $6,500 credit is also available to qualifying repeat buyers.

Brought to you by TurboTax.com

TurboTax® - Deduct the Sales Tax Paid on a New Car

If you buy a new car, pickup truck, motorcycle or motor home in 2009 you could qualify for a new sales tax deduction, thanks to the stimulus law passed on February 17, 2009.

Brought to you by TurboTax.com

TurboTax® - Health Insurance Assistance for the Unemployed

The February 2009 stimulus package as amended included a valuable benefit for workers who lost their health insurance when they lost their jobs. This government subsidy should help more unemployed people afford to keep their insurance.

Brought to you by TurboTax.com

TurboTax® - The Truth About Second-Chance Rebates

Note: The content of this article applies only to taxes prepared for 2008. It is included here for reference only. You might be hearing a lot about "second-chance rebates" and wondering if you qualify. The truth is that most people won't.

Brought to you by TurboTax.com

TurboTax® - Tapping Your Inner Freeloader: 11 Tried and True Tips to Get Things Free

Looking to get stuff for free? Become the ultimate Freeloader with these 11 tried and true tips. Learn how to score hookups from your friends, get free music, and score free money with our guide to freeloading.

Brought to you by TurboTax.com

TurboTax® - Depreciation of Business Assets

In an effort to stimulate the economy by encouraging businesses to buy new assets, Congress approved special depreciation and expensing rules for property acquired in 2010.

Brought to you by TurboTax.com

TurboTax® - Summer Tax Tips

Smart tax planning happens all year round. Here are four things you can do this summer to improve your standing when tax time rolls around again.

Brought to you by TurboTax.com

TurboTax® - How Major Life Events Affect Your Taxes

If you're among the millions of Americans who will experience a significant life change this year (new house, new baby, getting married, etc.), here are some tips for how to handle it come tax time.

Brought to you by TurboTax.com

TurboTax® - The Dirty Dozen: 12 Tricky Tax Dependent Dilemmas

Knowing when someone qualifies as a tax dependent can be trickier than it seems. These 12 examples help clear up the confusion about who you can and can't claim as a dependent on your tax return.

Brought to you by TurboTax.com

TurboTax® - Business Use of Vehicles

If you use vehicles in your small business, how and when you deduct for the business use of those vehicles can have significant tax implications. It pays to learn the nuances of mileage deductions, buying versus leasing and depreciation of vehicles. Special rules for business vehicles purchased in 2012 can deliver healthy tax dividends.

Brought to you by TurboTax.com

TurboTax® - Tax Tips After January 1, 2013

TurboTax gives you ten tax saving tips for the new year. Find strategies to lower taxes, save money when preparing your tax return, and avoid tax penalties.

Brought to you by TurboTax.com

TurboTax® - Ministers and Taxes

If you are a minister, you are subject to some tricky income tax and Social Security tax rules. We'll point out:How your income is taxed; how to claim an exemption from self-employment tax; how to get a tax-free parsonage allowance; limits on deductions if you get a tax-free allowance; where to report your income; and deductions that you can easily overlook.

Brought to you by TurboTax.com

TurboTax® - Setting Up a Home Office

Follow these easy steps to set up a home office that complies with IRS requirements. Then, claim your home office deduction with peace of mind.

Brought to you by TurboTax.com

TurboTax® - The Home Office Deduction

Many people whose small businesses qualify them for a home office deduction are afraid to take it because they've heard it will trigger an audit. But if you deserve it, take advantage. These tips can help you determine if you qualify and rest easy when you do.

Brought to you by TurboTax.com

TurboTax® - Taxes and Reducing Debt

By allowing deductions for certain kinds of interest, Congress is happy to help subsidize your debt. Be sure to accept these invitations to save yourself money.

Brought to you by TurboTax.com

TurboTax® - Top 10 Oddball Tax Deductions

TurboTax helps you find every deduction and credit you deserve to help you get your maximum tax refund. But just for fun, we've uncovered what we think are the weirdest deductions allowed, from pet food to free beer to (we're not kidding) a girlfriend.

Brought to you by TurboTax.com

TurboTax® - IRS Publications

The IRS wants you to file your tax return. That's why it has guides to help you with nearly every tax situation. Find the IRS publication that covers your particular situation.

Brought to you by TurboTax.com

TurboTax® - The 10 Most Overlooked Tax Deductions

Don't overpay taxes by overlooking tax deductions. See the most common errors taxpayers make on their tax returns, so you don't make the same mistakes.

Brought to you by TurboTax.com

TurboTax® - Tax Deduction Wisdom - Should You Itemize?

Learn whether itemizing your deductions makes sense, or if you should simply take the no-questions-asked standard deduction. The standard deduction is always easier, but for one out of every four taxpayers, itemizing pays off with a lower tax bill. Browse this quick tax deduction overview to avoid paying more taxes than you actually owe.

Brought to you by TurboTax.com

TurboTax® - Important Tax Dates

Knowing when and what you have to file can save you a lot of headaches at tax time. To avoid paying penalties, mark your calendar with the following key dates.

Brought to you by TurboTax.com

TurboTax® - Taxes and Moving to a New State

If you are considering moving to another state, you might want to consider states that do not have state income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Before you move, learn more about other income tax considerations, such as how your current state of residence would tax your retirement income.

Brought to you by TurboTax.com

TurboTax® - Estimated Taxes: Common Questions

If you are an employee, your employer withholds income taxes from each paycheck. Usually, that's enough to take care of your income tax obligations. But if you are self-employed or make money on your investments or rental property, you may need to make estimated tax payments every quarter, rather than wait until you file your annual tax return. Here's how estimated taxes work.

Brought to you by TurboTax.com

TurboTax® - Multiple States - Figuring What's Owed When You Live and Work in More Than One State

If you live and/or work in more than one state, how do you determine your state income taxes? TurboTax can help you calculate the taxes you owe to different states.

Brought to you by TurboTax.com

TurboTax® - Multiple States - Where To File

Learn where to file state income taxes, even if you're in the military, or earned money in multiple states. TurboTax will calculate how much you owe to the different states where you have earned income.

Brought to you by TurboTax.com

TurboTax® - Tax Exemptions and Deductions for Families

Families can often save more on their taxes than a single person. We'll help you understand who you can claim as a dependent, and which family-related deductions and exemptions will give you the greatest tax benefit.

Brought to you by TurboTax.com

TurboTax® - Capital Gains and Losses

What is a capital asset, and how much tax do you have to pay when you sell one at a profit? Find out how to report your capital gains and losses on your tax return with these tips from TurboTax.

Brought to you by TurboTax.com

TurboTax® - Deducting Mortgage Interest FAQs

If you're a homeowner, you probably qualify for a deduction on your home mortgage interest. The tax deduction also applies if you pay interest on a condominium, cooperative, mobile home, boat or recreational vehicle used as a residence.

Brought to you by TurboTax.com

TurboTax® - When and How to Incorporate

If you've been in business for a while as a sole proprietor, you may be wondering whether it would be a good idea to incorporate. We can help you make that decision with advice on: why a business owner would want to incorporate, how a corporation is structured, and how corporations are taxed.

Brought to you by TurboTax.com

TurboTax® - Incentive Stock Options

Some employers use Incentive Stock Options (ISOs) as a way to attract and retain employees. While ISOs can offer a valuable opportunity to participate in your company's growth and profits, there are tax implications you should be aware of. We'll help you understand ISOs and fill you in on important timetables that affect your tax liability, so you can optimize the value of your ISOs.

Brought to you by TurboTax.com

TurboTax® - Non-Qualified Stock Options

Exercising options to buy company stock at below-market price triggers a tax bill. How much tax you pay when you sell the stock depends on when you sell it.

Brought to you by TurboTax.com

TurboTax® - Starting a Business

When you start your own business, knowing the income tax implications of your decisions can save you money and headaches. Learn about paying estimated income taxes, keeping track of expenses and how to take a tax deduction when you use your car for business.

Brought to you by TurboTax.com

TurboTax® - Taking Business Tax Deductions

TurboTax will show you the money-saving tax deductions you can take as a small business owner.

Brought to you by TurboTax.com

TurboTax® - Filing Your Taxes Late

What do you do if you can't meet the IRS filing deadline? Find out how to file an extension on your 2012 tax return with these tips from TurboTax.

Brought to you by TurboTax.com

TurboTax® - Sending Kids to College

TurboTax can help you take advantage of tax breaks to ease the financial burden of sending kids to college, including tax credits, tuition deductions, tax-free savings and more.

Brought to you by TurboTax.com

TurboTax® - The Gift Tax

If you give people a lot of money, you might have to pay a federal gift tax. But the IRS also allows you to give up to $13,000 in 2012 to any number of people without facing any gift taxes, and without the recipient owing any income tax on the gifts.

Brought to you by TurboTax.com

TurboTax® - Tax Aspects of Home Ownership: Selling a Home

Though most home-sale profit is now tax-free, there are still steps you can take to maximize the tax benefits of selling your home. Learn how to figure your gain, factoring in your basis, home improvements and more.

Brought to you by TurboTax.com

TurboTax® - Earned Income Credit

While millions of households already claim this special break for workers with modest incomes, the IRS says many more are eligible for the credit but fail to take it. The rules were recently liberalized, so more households are eligible. Take a few minutes to make sure you don't miss out on a credit that could bring you a refund check.

Brought to you by TurboTax.com

TurboTax® - Managing Assets

How can I get the most favorable tax treatment for my business assets? TurboTax covers depreciation, special first-year expensing rules, and dispositions.

Brought to you by TurboTax.com

TurboTax® - Reporting Self-Employment Business Income and Deductions

Self-employed taxpayers report their business income and expenses on Schedule C. TurboTax can help make the job easier.

Brought to you by TurboTax.com

TurboTax® - Limited Liability Company Taxes

Self-employment has its benefits. An LLC can help reduce your liability without reducing your freedom to run your business as you see fit. And we have you covered at tax time, with TurboTax Home & Business for single-member LLCs, and TurboTax Business for multiple-member LLCs.

Brought to you by TurboTax.com

TurboTax® - Closing a Business

If you're planning to close a business, don't forget to put the IRS on your to-do list, because tax rules require you to keep the tax agency in the loop. TurboTax can help with reporting the sale of assets, final employment tax reporting and more.

Brought to you by TurboTax.com

TurboTax® - Losing a Job

Leaving a company? In between jobs? TurboTax handles taxation of separation pay, writing off job-search expenses, and more.

Brought to you by TurboTax.com

TurboTax® - Tax Topics for Freelancers, Contractors, and Consultants

As a freelancer, independent contractor, or consultant, you have a variety of tax issues to consider -- including ways to trim your tax bill.

Brought to you by TurboTax.com

TurboTax® - The Self-Employment Tax

Are you starting your own business? Then get ready to pay the self-employment tax. TurboTax provides everything you need to prepare your tax return, make smart tax decisions, and get your biggest tax refund.

Brought to you by TurboTax.com

TurboTax® - Getting Your First Job

Welcome to the real world! Now that you're earning money, use these tips to trim your tax bill.

Brought to you by TurboTax.com

TurboTax® - Tax Tips for New College Graduates

Before you climb that first rung of the career ladder, there are some basic rules to understand about income taxes. Think of it as Taxes 101.

Brought to you by TurboTax.com

TurboTax® - Filing a Business Tax Extension

Do you need more time to file your 2012 business tax return? Here's what to do.

Brought to you by TurboTax.com

TurboTax® - Birth of a Child

The birth of a child is not just a blessed event; it?s the beginning of a whole new set of tax breaks for your family. Learn how the newest addition to your family can help trim your tax bill, and how to save for your child's future in the most tax-efficient manner.

Brought to you by TurboTax.com

TurboTax® - Medical Expenses Checklist

Use this checklist to determine which medical expenses you can take as a deduction on your income tax return.

Brought to you by TurboTax.com

TurboTax® - Deducting Medical Expenses for a Major Illness or Injury

TurboTax helps you understand medical expense deductions, HSA and MSA distributions, flexible spending accounts, IRA and 401(k) payouts for medical expenses, and more.

Brought to you by TurboTax.com

TurboTax® - Buying a Second Home - Tax Tips for Homeowners

Buying a second home? TurboTax shows you how mortgage interest, property taxes, rental income, and expenses will affect your tax return.

Brought to you by TurboTax.com

TurboTax® - Boost Your Retirement Savings

For most taxpayers, saving for retirement is the best way to lower your taxes and to build a sizeable nest egg. TurboTax will help you take advantage of the tax deductions related to saving for your retirement.

Brought to you by TurboTax.com

TurboTax® - Working at Home

If you work from home, you need to know how to qualify for the home office deduction, pay self-employment taxes and understand which business expenses you can take deduct.

Brought to you by TurboTax.com

TurboTax® - Business Tax Preparation

Doing your business tax return? We've got tips for you on which records you should have at your fingertips, including last year's return, payroll reports and depreciation schedules.

Brought to you by TurboTax.com

TurboTax® - Home Improvements and Your Taxes

As a homeowner you may be asking, "Do I get a tax break for all the money I've spent fixing up my house?" The answer is, maybe yes, maybe no. But one thing is certain: You'll need to keep track of all those home improvement expenses.

Brought to you by TurboTax.com

TurboTax® - Changing Jobs

Have you moved on from your old job, or are you in the middle of a job change? Even if you're just thinking about it, here's some tax information you'll need to keep in mind.

Brought to you by TurboTax.com

TurboTax® - Estimated Taxes: How to Determine What to Pay and When

We'll make it easy for you to figure out if you have to pay estimated taxes and if so, how much.

Brought to you by TurboTax.com

TurboTax® - Getting Divorced

If you're going through a divorce, taxes may be the last thing on your mind, so we're here to help. We've got tips for you on which filing status to choose after the divorce, who can claim the exemptions for the kids, and how payments to an ex-spouse are treated for tax purposes.

Brought to you by TurboTax.com

TurboTax® - Video: 2011 Tax Credits for Deployed Soldiers

If you're a soldier and were deployed this year, there are some important tax implications you need to know about. Watch this video to find out more.

Brought to you by TurboTax.com

TurboTax® - Victims of Hurricane Isaac Benefit From IRS Tax Filing and Payment Extensions

Affected individuals and businesses in areas of Louisiana and Mississippi are getting a helpful leg-up from the IRS. Their deadline to return file and/or submit tax payments has been extended from on or after August 26, 2012 to Jan 11, 2013.

Brought to you by TurboTax.com

TurboTax® - Guide to IRS Form 3903: Moving Expenses

You may qualify to use IRS Form 3903 to claim the cost of your moving expenses as a deduction on your federal income tax return. The IRS allows taxpayers to deduct eligible moving costs.

Brought to you by TurboTax.com

TurboTax® - Tax Refunds - Better Than Christmas?

Brought to you by TurboTax.com