Can I File My 2009 Taxes Online in 2015?

The last chance to claim a 2009 Tax Refund Was April 15, 2013, but you can still file 2009 Taxes with RapidTax.

Yes, you can still file your 2009 taxes. However,  the IRS has a statute of limitations that only allows you to get a refund for three years after the original due date of a return.

In other words, you can file your late 2009 tax return, but you won’t be able to claim your 2009 refund. The last day to file and get a 2009 refund was April 15, 2013. After this date, the government stopped issuing 2009 refunds, even though you’re technically still required to file a 2009 return.

If you weren’t expecting a 2009 refund and instead, have tax due, you’ll want to file your 2009 taxes as soon as possible.

Continue reading “Can I File My 2009 Taxes Online in 2015?”

IRS 2012 Tax Changes

Look over these important changes to the tax code before you file your 2012 taxes

Every year the IRS tweaks the tax code at least a little bit: introducing new credits and deductions, discontinuing temporary provisions of the tax code, and adjusting various numbers for inflation.

Some years, depending on what happens in Congress, there are really big changes that end up affecting everyone pretty dramatically. But for the 2012 tax year the changes were relatively small. Still, you should be aware of them before you go gallivanting off into the tax preparation sunset.

Here, without further ado, are the tax changes for the 2012 year:

  • Income limits for excluding education savings bond interest increased – Your modified adjusted gross income (MAGI) must be less than $87,850 if you’re a single filer or less than $139,250 if you’re married filing jointly or a qualifying widow(er) in order to exclude education savings bond interest. Continue reading “IRS 2012 Tax Changes”

Do I Have to File a 2012 Tax Return?

You have to file a 2012 return if your income was above a certain filing threshold

Some taxpayers aren’t required to file a 2012 tax return at all. It depends on how much money you earned throughout the tax year.

Below certain levels of income you don’t have to file a return at all. These income thresholds change with your filing status and age. For 2012 they are set at the following amounts:

For single filers the income threshold was