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Income Tax 2011

April 17 2012 is the finale deadline for filing your 2011 income tax return, unless you file an extension with form 4868 you will have until October 15, 2012. Click on Income Tax 2011 to read more about the 2011 individual income tax rates, deductions and exemptions.

Income Tax Forms - Federal and State

Need Income Tax Forms? You can file your Federal Income Tax 2011 by using the IRS Free File starting January 17, 2012 to prepare and e-file your taxes online. You can download the most requested forms as well on the IRS-site by clicking on this link: Federal Income Tax Forms. For online filing your State Tax click on this link: State Internet filling. You can download State Tax Forms on the same page.

Payroll Tax Cut

The Payroll Tax Cut is a 2% decrease in payroll taxes during the year 2011 for workers who pay into Social Security. Whether the House will extend this tax cut for another year is still not certain.

Child Tax Credit

The Child Tax Credit is worth up to $1,000 per child under the age of 17. Do you qualify for this credit? Or are you eligible for additional child tax credit? Click on the next link to find out: Child Tax Credit.

Tax Deal to Extend Bush Tax Cuts On Monday, December 6th, 2010 President Obama announced a deal with Republican leaders to extend the Bush-era tax cuts for 2 years and lower the payroll tax by two percentage points for a year, both for for all Americans. As a concession Republicans agreed to extend unemployment benefits for 13 months and to extend for two years the expiring 'Earned income tax credit', 'Child tax credit' and the 'American opportunity tax credit' that covers students and their families.
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