With April 15th getting closer and closer, here’s a handy guide to some valuable tax help to ease your suffering.
When seeking help over the Internet, the IRS cautions taxpayers to make sure to go to the authentic IRS Web site by typing www.IRS.gov into their browser. The official Web site does not end in .com, .net, .org or any other designation. Click on “Español” for content in Spanish.
Taxpayers should check out 1040 Central for all the latest updates and information needed to prepare and file their returns. Taxpayers can readily access forms and instructions from this section of the Web site.
In the Online Services section, taxpayers can access numerous applications to help with their taxes, including:
Free File, which is a fast, free and easy way to prepare and file a tax return, if adjusted gross income is $56,000 or less 2008.
IRS Withholding Calculator, which helps taxpayers make sure the amount of income tax they have withheld from their pay isn’t too high or too low.
Find An Authorized E-File Provider, which helps individual taxpayers find someone who can electronically file their tax return.
Alternative Minimum Tax (AMT) Assistant, which can be used to determine whether a taxpayer may be subject to the AMT.
EITC Assistant, available in English and Spanish, which helps taxpayers find out if they are eligible for the Earned Income Tax Credit.
Sales Tax Deduction Calculator, which is available to help taxpayers prepare their returns.
Electronic Federal Tax Payment System, which enable taxpayers to pay their tax online.
Online Payment Agreement, which is for taxpayers who cannot pay their tax completely by April 15.
Taxpayers may also check their refund online using Where’s My Refund? 72 hours after IRS acknowledges receipt of an e-filed return or three to four weeks after a return is mailed. Taxpayers will need to enter a Social Security number (or Individual Taxpayer Identification Number), filing status (such as single or married filing jointly) and the exact whole dollar amount of the refund shown on their tax return. In addition to the status of their refund payment, they will receive instructions to resolve refund-related problems. The Where’s My Refund? tool is available in English and Spanish.
Taxpayers will have two tools to help them determine if they are eligible for a recovery rebate credit. Most people already received this benefit in 2008 in the form of the economic stimulus payment. However, if certain conditions changed for taxpayers they may be eligible for an additional one-time benefit. Taxpayers can use the Recovery Rebate Calculator.