Tax form Archives - 2012 Tax to 2024 Tax

Details On Obtaining Prior Year Tax Information From The IRS

Obtaining Prior Year Tax Information

The ability to get prior year tax information from the IRS is virtually a guarantee due to the fact that the IRS is required to keep tax returns on file for seven years. As with most actions related to the IRS there is a form that is required to fill out in order to obtain prior tax information. This is Form 4506 that can be found by completing a simple form search on the IRS website. The IRS will not provide prior tax information without filling out a hard copy of Form 4506.

The form … Read the rest

Taking Advantage Of Tax Credits

There are various tax credits that are worth knowing about, and if you claim one and are eligible, you can receive a refund even after you have your tax liability lowered to zero.

When preparing your 2011 Federal income tax return, consider the following four tax credits:

If you earn less than $49,078, you can take advantage of the earned income tax credit, and the amount can be up to $5,751 depending on your age, income and number of qualifying children. Many workers are seeing this for the first time, becuase of a drop in wages or earnings. IRS publication

… Read the rest