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Before you know it, Tax Day will be upon us. Here are some tax tips to help prepare your tax return, due April 18:
– A higher education credit can reduce the amount you owe. Check if your expenses are eligible.
– A child tax credit requires affirmation of seven qualifying tests: age, relationship, support, dependent status, citizenship, length of residency and family income.
– The most meticulous Florida residents who save their receipts can take a sales tax deduction or use this calculator to find their deduction.
The IRS also offers an online tax assistant tool to help with common tax questions.
– Sherri Thompson, Our Trouble Free Tax Service