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2019
Taxpayers can take steps now to Get Ready to file their taxes in 2020
Taxpayers can take steps now to Get Ready to file their taxes in 2020 | Internal Revenue Service http://bit.ly/2rWa0lD
Taxpayers can take steps now to Get Ready to file their taxes in 2020 | Internal Revenue Service http://bit.ly/2rWa0lD
401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500 | Internal Revenue Service http://bit.ly/2X1zARu
Get Ready for Taxes: Get ready today to file 2019 federal income tax returns | Internal Revenue Service http://bit.ly/34fo1sv
The child tax credit benefits eligible parents | Internal Revenue Service http://bit.ly/33Tx95R
Taxpayers can compare eligibility and benefits of two education credits | Internal Revenue Service http://bit.ly/31IjT2i
Why it’s important for taxpayers to know their filing status | Internal Revenue Service http://bit.ly/2N4czc4
The earned income tax credit can put money in taxpayers’ pockets | Internal Revenue Service http://bit.ly/2OAOa0e
Do you have Series EE U.S. savings bonds that were bought many years ago, and you now wonder how the interest on them is taxed? EE bonds don’t pay interest currently. Instead, the accrued interest is reflected in their redemption value. (However, owners can elect to have the interest taxed annually.) EE bond interest isn’t subject to state income tax. And using the money for higher education may keep you from paying federal income tax on the interest.
As we head toward gift-giving season, you may be considering giving cash or securities to your loved ones. Taxpayers can transfer amounts free of gift taxes to their children or others each year through the use of the annual federal gift tax exclusion. For 2019, the exclusion is $15,000 to each person. If you’re married, gifts made during a year can be treated as split between you and your spouse. By “gift-splitting,” up to $30,000 a year can be transferred to each person by a married couple,
Arizona’s Out-of-State Seller Transaction Privilege Tax Now in Effect | Arizona Department of Revenue http://bit.ly/2ny8nZm