While nationalized healthcare continues to be this young decade’s political event, there are still those of us who, whether self-employed or who work for businesses that don’t offer healthcare, pay for our own healthcare. Here’s some tax tips for we brave souls on the frontier of the healthcare debate. Continue reading “Health Insurance Tax Deduction: The Debate Rages On”
2010 IRS Calendar & Deadlines
January 11, 2010 |
Report tips of $20 or more to employer. Form 4070 |
January 15, 2010 |
First day to E-File your 2009 Individual Tax Return. Individuals: Pay the final installment of your 2009 estimated tax. Use Form 1040-ES. |
January 17, 2010 |
First set of IRS acknowledgments arrive for 2009 Indivual Tax Returns. |
February 10, 2010 |
Report tips of $20 or more to employer. Form 4070 |
March 10, 2010 |
Report tips of $20 or more to employer. Form 4070 |
April 15, 2010 |
Last day to file on-time: Form 1040, 1040A, or 1040EZ. Last day to E-file timely extension requests. Form 4868 Pay the first installment of 2010 estimated tax. Last day to to file and claim a refund for tax year 2006. |
May 10, 2010 |
Report tips of $20 or more to employer. Form 4070 |
June 10, 2010 |
Report tips of $20 or more to employer. Form 4070 |
June 15, 2010 |
Pay second installment of 2010 estimated tax. |
July 12, 2010 |
Report tips of $20 or more to employer. Form 4070 |
August 10, 2010 |
Report tips of $20 or more to employer. Form 4070 |
September 10, 2010 |
Report tips of $20 or more to employer. Form 4070 |
September 15, 2010 |
Pay third installment of 2010 estimated tax. |
October 12, 2010 |
Report tips of $20 or more to employer. Form 4070 |
October 15, 2010 |
Last day to file individual tax return (1040, 1040A, 1040EZ) with extension. Deadline for 2009 tax year E-File. All returns must be signed and mailed after this date. |
November 10, 2010 |
Report tips of $20 or more to employer. Form 4070 |
December 10, 2010 |
Report tips of $20 or more to employer. Form 4070 |
December 31, 2010 |
Filing Status/Living Conditions determined on this date for the entire year for the purposes of 2010 individual tax return. |
The CP-21B and Other Forms You Need for the First Time Home Buyer’s Tax Credit
If you’re confused about the First Time Homebuyers’ Tax Credit, you’re not alone. Months after it was enacted, this tax credit is still causing taxpayers trouble. It’s not just the long delays—not just the constantly changing rules—not just the extra work on top of the already complex process of buying a new home. No, the big problem with the first time home buyer’s credit is all the new forms you have to deal with.
Here’s a quick list of the more common ones: where you get them, what you do with them, and what to watch out for.
Continue reading “The CP-21B and Other Forms You Need for the First Time Home Buyer’s Tax Credit”