What federal tax credits are available for 2010 tax returns?

1 Answer

Answer :

There are many tax credits available for 2010. Energy credits are of big interest as this is the last year you can claim them. There are also credits for dependent care costs and charitable donations.

Related questions

Description : Are federal tax returns running behind the posted dates?

Last Answer : I’m still waiting on mine. It’s my money, and I need it now!

Description : How long does it take to get a refund from my federal tax returns?

Last Answer : People normally get their federal tax returns in the time period of March to April. Depending on where you are located and when you filled it out, this may differ, but usually it's near the end of the 1st quarter of the year.

Description : What is the break down for one federal tax dollar in 2010?

Last Answer : answer:You might have to do a little bit of math to break it down to specifically one dollar, but here’s an excellent infographic for the federal budget: http://www.wallstats.com/deathandtaxes/

Description : i have 1099 income $24000. i'm single and no deduction, what's my federal tax payment for 2010 ?

Last Answer : “i have 1099 income $24000. i'm single and no deduction, what's my federal tax payment for 2010 ”

Description : What are tax credits?

Last Answer : Need answer

Description : What are some tax credits for small businesses?

Last Answer : There are a few tax credits available for small businesses who offer health care and other services to their employees. If you are self employed and have income below a certain threshold, you are eligible for other tax credits as well.

Description : How to Obtain Tax Credits?

Last Answer : One financial responsibility that all people in the country have is to pay their federal tax liability each year. While federal taxes can be very high for some people, the tax code provides tax payers ... result in a sizable tax credit which will be refunded directly to the tax payer when they file.

Description : Can I use a photocopied federal irs form when sending in my returns by mail?

Last Answer : No. You may not use photocopied forms, for legal reasons. The only photocopies acceptable are the photocopies of your W-2 and identification.

Description : Is there any reason to keep income tax returns dating back to 1999-2000?

Last Answer : According to a tax attorney and other professional preparers, you only have to keep federal returns for 7 years. There is no statute of limitations for CA state returns, so there might not be any for GA ... file a tax return or report, Georgia can audit you or assess tax against you at any time.

Description : Can someone who lives in another state file your tax returns?

Last Answer : If they have your permission and you signed off on it, then yeah if you are filing a simple federal form. As for state taxes, you may want to have some who knows your state taxes rules for deductions ... on top of state and federal. But a simple form that you fill at home is usually not an issue.

Description : Should the Democrats give up on demanding Trump's tax returns and why do they matter?

Last Answer : Oh boy, are you going to get it on this site .lol But many of us agree with you, stop spending taxpayer dollars money on a fruitless never-ending witch hunt. Impeachment is a waste of time ... of them sticks. Remember, poor Hillary and her emails, which clearly violated federal law? Well we do.

Description : Hopelessly fighting to withhold his tax returns. Desperately struggling to keep Mueller away from Congress, what’s left to hide? What’s beyond the revelation of billion dollar loser?

Last Answer : Pee pee tapes, and multiple payments for his mistresses to abort his illegitimate children.

Description : Are Trump's 2005 tax returns meaningless?

Last Answer : Yes.

Description : When filing your tax returns, can you designate a certain amount of your return to go to a second party, such as a lender?

Last Answer : answer:There are tax preparers that will give you a “tax refund” loan. But they will charge you a lot for the privilege of a short term loan. And you have to get your return done by them. Check with H&R Block if you can have it electronically deposited at a third party.

Description : Is Romney not releasing his tax returns because he is afraid that the IRS will see them?

Last Answer : Seeing that they are tax returns I think that the IRS already has them.

Description : Is it legal to deduct med. insurance premiums on Fed or state tax returns?

Last Answer : I'm not an accountant, but I do believe you can deduct your med premiums up to the limit of your percentage of adjusted gross income

Description : How long do I really need to keep my tax returns?

Last Answer : answer:From Kiplinger.com: You'll want to keep tax returns forever. You'll need them when you apply for a loan or apply for disability insurance. Plus, old tax forms can be useful if you can't ... have your own business. You generally can't be audited after that. Note: the IRS says the same.

Description : What are some reputable and BBB acredited companies that allow you to do your tax returns online?

Last Answer : Tax Act is a very reputable company that is also BBB accredited that allows you to complete and file your tax returns online. You can find them at www.taxact.com/. Other options of reputable ... H&R Block and Turbo Tax, however they do not have a BBB accredited business logo on their websites.

Description : Where do I get copies of my back tax returns?

Last Answer : You must make your own copies and keep them in a safe place. The IRS does not provide copies of previous year returns.

Description : Are there stories about people cheating on their corporate tax returns?

Last Answer : Are you kidding? There are tons of stories. When I worked at the IRS as a teenager during tax season I worked in the fraud department. People would invent phantom employees, take deductions that they are not entitled to and try and pay employees under the table to lessen their tax burden.

Description : Will the IRS help me with my tax returns?

Last Answer : The official IRS website offers many informative links that will be invaluable to correctly filling out your tax returns. FAQs are offered in list form and can be accessed directly via the ... , beginning this year, nearly all official state and federal forms are available in downlowdable format.

Description : What are the procedures for filing back tax returns?

Last Answer : Filing your taxes is something that everyone has to do on a yearly basis. To file these back returns it is highly suggested to go to a tax preparer, but one can file themselves by requesting the back tax filing paperwork from the IRS.

Description : Who has to file tax returns?

Last Answer : Not everyone needs to file a federal tax return. Those with a certain gross income, tax filing and status and age must file. You many find more comprehensive information at http://www.investopedia.com/ask/ ... certain age when you don't have to file income tax return? what age can you stop filing?

Description : I have unfiled tax returns, what can I do?

Last Answer : Filing a past due return may not be as difficult as you think. Taxpayers should file all tax returns that are due, regardless of whether or not full payment can be made with the return ... filing and payment responsibilities after the plan is approved. However, full payment of taxes saves you money.

Description : How many years do we have to keep our back tax returns?

Last Answer : Professional Accountants recommend that you keep 7 years of tax returns. You should also file away the supporting documents like receipts.

Description : Is it safe to file tax returns online?

Last Answer : As with anything online that requires you to enter personal information about yourself take caution. There are some very good and secure sites where you can file your taxes like turbo tax.

Description : How can I get copies of previous years tax returns which I no longer have access to?

Last Answer : You can get a copy of previous tax returns (IRS calls these transcripts) from IRS by calling 1-800-829-1040, or order by mail using IRS Form 4506T (Request for Transcript of Tax Return). There is no fee for transcripts. It takes two weeks for delivery.

Description : What is the definition of delinquent tax returns?

Last Answer : Delinquent tax returns are tax returns that have been filed late, or not at all; usually this incurs penalties and fees that increase over time, so it's best to pay your taxes fully and on time.

Description : How do I claim my back tax returns?

Last Answer : By using the IRS, you can claim tax returns easily. The IRS is a good way to get tax returns. If you have any troubleshooting, they have a help section.

Description : Keep Past Tax Returns?

Last Answer : After filing your tax returns, be sure to keep a copy for your records. You never know when you may need to take a look at information in past tax returns. Sometimes, people are given a surprise ... may owe back taxes to the IRS. Prevent any further hassle from the IRS by keeping your back taxes.

Description : How do you file small buiness tax returns?

Last Answer : If your business has been large and successful, you might have trouble taking care of your company tax returns on your own. I would recommend getting a tax advisor who can professionally help your ... do the returns correctly. You will recieve special tax forms and will have to claim your income.

Description : How to Find Help Filling Out Income Tax Returns?

Last Answer : During the spring every year all people who earn a wage in the country are required to fill out a federal tax return. While people have to do this every year, federal tax return documents ... with insight into how you can take advantage of federal tax credits and deductions to reduce your liability.

Description : We handle a large volume of tax returns here. How has your experience prepared you for this?

Last Answer : During college, I participated in the IRS's Volunteer Income Tax Assistance program. For two nights a week from February through April, I spent a few hours preparing individual tax returns in a public ... find some past experience that proves to the interviewer he can handle a large volume of work.

Description : For which of the following services is a CPA professional not required to be independent? a. Tax returns preparation b. Audits of historical financial statements c. Review engagement d. Examination of a forecast

Last Answer : Tax returns preparation

Description : For which of the following services is a CPA professional not required to be independent? a. Tax returns preparation b. Audits of historical financial statements c. Review engagement d. Examination of a forecast

Last Answer : Tax returns preparation

Description : Which of the following is an example of an assurance engagement? a. Management advisory services b. Reporting on financial statements prepared using other comprehensive basis of accounting. c. compilation of financial information d. preparation of tax returns

Last Answer : Reporting on financial statements prepared using other comprehensive basis of accounting.

Description : Ethically, the auditor could: a. Advertise only as to his expertise in preparing income tax returns. b. Base his audit fee on a percentage of the proceeds of his client's stock issue. c. Perform ... at less than his customary fees. d. Own preferred stock in a corporation which is an audit client.

Last Answer : Perform an examination for a financially distressed client at less than his customary fees.

Description : Non-assurance engagements include all of the following except a. Compliance audit. b. Management consulting. c. Agreed-upon procedures. d. Preparation of tax returns where no conclusion is expressed.

Last Answer : Compliance audit.

Description : Which of the following engagements is covered by the Framework for Assurance Engagements? a. Consulting engagements b. Preparation of tax returns c. Independent financial statements audit d. Agreed-upon procedures

Last Answer : Independent financial statements audit

Description : nc state tax forms for 2010?

Last Answer : where to find forms in buncombe co., nc

Description : how can I file an amendment to my 2010 tax return.?

Last Answer : how can I file an amendment to my 2010 tax return?

Description : CA Tax Table 2010?

Last Answer : Need CA tax Table 2010

Description : Under the Economic Growth and Tax Reconciliation Act of 2001, when will estate taxes be eliminated? A. 2008 B. 2009 C. 2010 D. The estate tax will not be eliminated

Last Answer : D. The estate tax will not be eliminated

Description : Baden Shoe Store has a beginning merchandise inventory of $30,000. During the period, purchases were $140,000; purchase returns, $4,000; and freight-in $10,000. A physical count of inventory at the end of the period revealed ... for sale was a. $164,000. b. $156,000. c. $176,000. d. $184,000.

Last Answer : c. Purchases Returns and Allo

Description : Is it just me, or do the opening songs (or the credits) of many TV shows exceed the excitement inside episodes?

Last Answer : This was not more exciting

Description : Is turning off the mic while a US veteran credits Black Americans on Memorial Day an act of racism or not?

Last Answer : Yes. Evidence of structural racism where a reference to Black contributions to American heritage is considered “distracting”.

Description : Does anyone miss credits at the end of TV shows?

Last Answer : answer:No, and I wish they would quit wasting the film at the end of movies. Nobody except his mom give a god damn who the key grip was.

Description : Do you prefer to pay for credits or a minimum fee?

Last Answer : I think it might be better to offer the choice to your customers. If you don’t want to do that, the credit/discount would be my preference.

Description : What song is playing at the end credits of "Greek"?

Last Answer : That seems to be the million dollar question. I think it was written by John Swihart though. Can’t find the name of the music.

Description : Do you have to have high school language credits to go to college?

Last Answer : She needs to talk to her guidance counselor about the requirements. Most universities have pretty strict criteria for admissions, so she needs to find out now before her course schedule is set for her senior year.