2009 Taxes

Monthly Archives: March 2009

TaxAct Has Downloadable Versions Too

Not only is TaxAct the best online free federal tax return option with affordable state returns, but the tax preparation provider also has downloadable versions of its great software ready for you today. Download the Free Edition now and get the maximum refund possible, free eFiling, easy to use navigation, easy and complex tax forms, and unlimited support.

Don’t Take Your Losses!

Many people have been troubled by the impact of the financial crisis on their savings. If you are retired, you probably know that there is an annual minimum distribution that you are required to take from your IRA if you are 70-1/2 or older, that is, you must take money out every year, or you are penalized on the funds.

Do You Need to File a Tax Return?

Most American citizens need to file a tax return but there are some individuals due to age, filing status and income that are not required to do so. An example is a married couple filing jointly that earned less than $17,900 during 2008. The exception to the rule is if one of the individuals is self employed. Self employed individuals always need to file a return if they earned over $400 for the tax year.

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