Can anyone please give me tips on what to do so that i can get a better tax refund?
2007-02-03 09:20:57 · 8 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
keep really good records on charitable and other legitimate deductions. Many people forget about things when it's time to do their return.
One thing I do every year is have a large envelop that I stick receipts and copies of checks (property taxes) so that I have everything together and it isn't a hunt. I don't have to ask, "where's that receipt? because I have it in my large envelop.
2007-02-03 09:33:02 · answer #1 · answered by Dizney 5 · 0⤊ 1⤋
Getting a bigger tax refund is just returning money that you paid in on taxes, An interest free loan to the US Goverment. The point of paying taxes is to pay what you owe, no more, no less.
Check the withholding calculator at www.irs.gov. you will need your last paycheck stub. It will tell you how much total for the year you will have had withheld for the year and how much of a refund you would get next year, If you stayed at the same job and same rate of pay all year
http://www.irs.gov/individuals/page/0,,id=14806,00.html
2007-02-03 09:35:46 · answer #2 · answered by Anonymous · 0⤊ 1⤋
USE TURBO TAX with Deduction Finder....my refund this year is over 10k....and they found deductions I never thought of like for expenses for your hobbies, as well as miles driven to do volunteer work!
2007-02-03 09:24:42 · answer #3 · answered by Fee4Lyfe 2 · 1⤊ 2⤋
claim more on your taxes that way you`ll get more back.
2007-02-03 09:23:25 · answer #4 · answered by Dr Universe 7 · 0⤊ 1⤋
have a child--triplets would be better
claim 0 + $x be taken out of each paycheck
2007-02-03 09:24:01 · answer #5 · answered by Holiday Magic 7 · 0⤊ 2⤋
Earn more money
2007-02-03 09:23:55 · answer #6 · answered by Trollkepr 4 · 0⤊ 1⤋
get earned income credit
2007-02-03 09:22:58 · answer #7 · answered by Lisa M 2 · 0⤊ 2⤋
sorry....it is what it is....
2007-02-03 09:22:37 · answer #8 · answered by (_)iiiiD 4 · 0⤊ 1⤋