Tag Archives: TurboTax 2013

TurboTax And The Earned Income Tax Credit

Individuals who wish to use a tax service may wish to try TurboTax 2013. This is the option that they may need to easily pay their taxes, and be able to get the tax help they can use. One of the items that the individuals can take advantage of is that they can use an earned income credit when they are filing their taxes. An earned income credit allows individual to get money back from child care expenses they may have paid over time. The Earned Income Tax Credit was designed to help low to moderate income people get a refund of some of the expenses they may have paid over the course of the year.

You can use TurboTax 2013 to try to get an EITC that will help to get the refund that may be needed. Make sure to get this program as part of a plan to get the tax credits that you may need. TurboTax 2013 is an option individuals can take advantage of and use.
Some of the Things to know about this credit

Earned Income Tax Credit

Earned Income Tax Credit (Photo credit: LendingMemo)

Make sure that you understand the factors concerning the EITC. The IRS has guidelines set up to help taxpayers determine if they are eligible for the EITC credit. Those who have a qualifying child are likely to be eligible for the credit. The child in question needs to meet certain qualifications. They must be under age 19, be a full time student under age 24, or be permanently disabled. Your son or daughter, or qualifying foster child must pass the residency test.

Other things to be aware of when qualifying for the EITC credit is that you must have a valid social security number in order to file. You must also make sure that the spouse signs off on the credit if you are filing a joint return. Taxpayers must also fall between the ages of 25 and 65 in order to be Earned Income Tax Credit eligible. Income must be generally be earned from working for someone else, you may also be eligible for the credit if you have a small business or run a farm. It is also necessary to have lived in the United States for at least 6 months. Turbotax 2013 can help individuals figure their Earned Income Tax Credit. The alternative would be to have the IRS figure the credit when filing. Make sure you the individual, can find the help that is needed from TurboTax2013 to get the Earned Income Tax Credit.

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Estimate Your Tax Refund With The Free TurboTax Taxcaster

Estimate Your Tax Refund With The Free TurboTax Taxcaster

Tax time is drawing near and like most other Americans, you need to file and prepare your taxes to avoid penalties and late fees from the Internal Revenue Service. Fortunately, there are free tax preparation tools and software programs that can help you get the job done easily, correctly and quickly. Free TurboTax 2013 is a terrific tool you can use to prepare and file your taxes, but since there are several versions available you might be confused about which one is best for your tax situation. The tax professionals at TurboTax have designed a new product that can help you determine which software program is right for you and as an added bonus, it is completely free and very simple to use.

TurboTax Social Tax Filing

TurboTax Social Tax Filing (Photo credit: John Swords)

To determine which tax preparation software from TurboTax is right for you, all you have to do is download the free TurboTax Taxcaster app onto your iphone, ipad or android smart phone or tablet. This easy to use, free app will ask you a few questions about your income and deductions then it will instantly calculate your refund while you watch it add up. Finding out how much you are getting back is easy with the Taxcaster app. In just a few minutes, you can get an estimate on your taxes before you file your tax return. This is extremely helpful because you can adjust your withholdings so you have higher take home income, or you can plan so you have to pay less in taxes. Taxcaster is also helpful because it can help you determine if you want to file your taxes right away so you get your refund money quickly or whether you want to hold off on filing your return until the end of tax season if you owe money and need to save up to pay Uncle Sam. While Taxcaster does not prepare and file your return, it does give you an accurate idea of what your tax situation is so you can make an informed decision on filing and preparation, it will even suggest the right TurboTax software to use to maximize your return or minimize your tax payment.

Taxes can often cause stress and anxiety for people because they do not know what to expect. Take the stress and anxiety of the unknown out of the equation by using Taxcaster to see what is in store for you and your taxes. Download the free Taxcaster app and get a clear idea of where you stand. Taxes are never fun, but with free TurboTax 2013 and Taxcaster app at least they are easy, straightforward and clear. Download the Taxcaster app today and see how easy it can be to understand your tax situation and make your filing decisions accordingly.

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