I was curious about TAXES?

Question

This year my hubby is deployed to Iraq. I have a daughter and we just bought our first home. I was curious what kind of papers to I need to bring with me , when I get my taxes done.
I know my W-2 , and our SS.

Also Do I need his orders even if I have his Power Of Attorney??? Hope someone knows!!Thanks a bunch!!

Answer 1

No - you do not need his orders. Keep the power of attorney on file with your copy of the tax return. You may sign his name with POA on that line, and then you sign your name.
If the IRS later asks (but they usually don't for military as your w-2 will show that he was paid by the military), you will have it and keep it for all your needs.

Why not file yourself? You could save the $100+ in fees.

www.IRS.gov
forms, schedules and instructions.

1. Bank statement of interest paid.
2. closing statement to show points (interest prepaid).
3. interest earned statements from banks and credit unions.
4. Real Estate taxes prepaid - see closing statement.
5. child credits
6. EITC - earned income tax credits - if you have lower income that qualifies you to receive credits back from IRS.
7. List of charitable contributions - and other medical information (as shown on your SCHEDULE A), and if you download the form, it outlines all of the information you need.

www.irs.gov - FREE Filing
you can file free by going to this site, and click on Free filing.

You can do your taxes in rought draft by downloading the forms from www.irs.gov,
and then see if you qualify for free filing - and that's Line 38 of the 1040, called AGI, adjusted gross income, less than $52,000.

When you file electronically, use your rough draft copy, and the filing site asks you questions - and they even have a way to save it and come back later and finish it. That's a big improvement from years past.

It's not that hard to file, especially since the instructions on deductions is online, and all forms and schedules for claiming all of your deductions from buying a home.

Thanks to all of the military for serving our country, and a special thanks to the military spouses for serving our country and raising the families while our Americans serve. - GOD bless all of you, always.

If you have any questions, you may email me, and I will try to answer everything for our military -
no charge at all.
GOD bless.
My Mother was a USN wife, and I was a Navy brat.
CPA-retired
MBA-Boston Univ.

Answer 2

ok just want to give you a heads up... to sign his name you will need to prove legal right to do so. (bring the power of attorney) next depending on what you paid in Prop. taxes and medical expences moving expences (if more than 50 miles) charitable donations etc. you may not want to Itemize. This years standard deduction for married filing a joint return is 10300 and if you don't have deductions that total more then that you really will be wasting your time with excess paper work. Claim your child tax credit and EIC take your standard deduction and 3x3300 for your exemptions you will probably do better that way.
Good luck and tell your husband Thanks

Edit: My wife and I just went through our taxes and found that by not itemizing we came out better than if we had...Im waiting for a 4000+ check from uncle sam...

Answer 3

In addition to the papers you have, you will need to bring your closing papers on your home. Points may be deductible and also the interest paid on your mortgage and any real estate taxes. Ask your tax preparers for a list of forms needed to complete your taxes. If they do not have it, call or visit the IRS on-line for the list of materials necessary. The more info you have, the more likely you are to get back every cent you are entitled to. Goof Luck!

Answer 4

You will need his POA papers in order to sign his name on your joint return with him. You should receive a 1098 form from the institution you had your mortgage through. This form will tell how much mortgage interest you had paid throughout 2006. You will also need the following items in case you are able to itemize:
Property taxes paid in 2006
Excise tax paid in 2006
Gifts or contributions to charity or church.
Medical and dental out of pocket expenses (subject to 7.5% of your gross income)
Job expenses (must be more then 2.5% of gross income)

Of course: All income (interest, W-2 income, etc.)
Do you have any daycare expenses? (if you work as well)
That should give you a good head start.

Answer 5

Bring all necesssary W-2's,Social Security card,and some ID to your nearest Internal Revenue Service Taxpayer Assistance office.
They will help you fill out your forms and file your taxes for free.Look under US Government in your local yellow pages.(It would be better if you bring ALL your paperwork.)

Answer 6

I belive it extremely is authentic. I have been given a paper interior the mail and it says if all people else can declare you as a based then you certainly won't get the rebate your self by way of fact it is going to circulate to who ever claimed you.

Answer 7

You'd also need his W-2. Depending on how long he's been in Iraq, part or all of his military income would be tax-free.

Best wishes to you and to all military families.