Its Tax Time!!
 

Here are some general rules to consider when deciding which paper tax form to file.

Use the 1040EZ if:
Your taxable income is below $100,000
Your filing status is single or married filing jointly
You are not claiming any dependents
Your interest income is $1,500 or less

Use the 1040A if:
Your taxable income is below $100,000
You have capital gain distributions
You claim certain tax credits
You claim adjustments to income for IRA contributions and student loan interest

If you cannot use the 1040EZ or the 1040A, you’ll probably need to file using the 1040. Among the reasons you must use the 1040 are:
Your taxable income is $100,000 or more
You claim itemized deductions
You are reporting self-employment income
You are reporting income from sale of property

YUK tax time! We always have to pay. How does one get back the thousands of dollars in tax returns and can't even pay their bills? It's a puzzle.

I hate tax time! I'd love it if we made more that $100K a yr but we always seem to end up owing some how!

They have children and have incomes low enough to qualify for Earned Income Tax Credit. Do you really want to try raising two or three kids on say 30K a year? Then you too can get a huge tax refund!

Uncle Sam always gets a nice vacation from me and my hubby..:( Sigh....

I hate tax time!