Filing Your 2011 Taxes in 2012 – Filing Options, Tax Dates and Rates

6 comments

Don’t like ‘em but got to pay Uncle Sam to stay clean and fund the land we live in. Still, pay as little as you have to with these top online e-file software packages:

  • Turbo Tax – Turbo Tax has been the #1 rated online tax software for a number of years. There is a reason for that, it makes tax filing a breeze for most users by guiding them step-by-step through possible tax obligations, deductions and credits. Competitively priced, it is definitely on option worth looking into when filing your taxes.
  • HR Block – Building on their well recognized brand and national office network, the online version of the H&R block tax software gets better every year and is much cheaper than their offline (i.e real tax preparer in an office) option. What’s also good about H&R block’s online offering is that if the IRS does come knocking you can get free audit support from their enrolled agents.
  • Complete Tax – Relatively new to the marketplace they are offering some great deals to attract customers. In particular is their low price promise which states that if you find another do-it-yourself online tax preparation method that results in a larger refund or smaller liability than calculated by their own software, they will refund the fees you paid to use their tax program. Basically it is a no cost way to use their software, which is worth a try if you have time and feel you didn’t get your best return from other tax software packages.

The IRS reported that nearly 72%, or over 100 million individuals, filed their federal income tax returns electronically. This is up from about 30%, 10 years ago. At this rate by 2020, more than 95% of people will file electronic returns. Overall, the IRS issued 109 million refunds last year, averaging $2,994 per refund. Direct deposit refunds averaged $3,189 per refund and were received a week faster than paper checks.

Deadline DateTax Related Activity
January 1, 2012First Day to File a 2011 Tax Return. Though the IRS generally will not accept e-file and Free File returns until after Jan. 17, 2012.
April 17, 2012Filing 2011 Federal Income Tax Returns and Extension Requests
April 17, 2012Filing State Income Tax Returns (for most states) and Extension Requests
October 15, 2012Filing Extended 2011 Federal and State Income returns
April 15, 2015Filing a 2011 Tax Amendment. You can file an amended or previous year return anytime, but you have a deadline of 3 years from the original due date to claim any tax refund.

2012 Tax Brackets, Rates, Standard Deductions and Personal Exemption

Also, here are some tax related articles that may save you a few bucks:

See more in the Taxes and Retirement Planning category

<script type=”text/javascript” src=”http://content.linkoffers.net/ID.aspx?ID=1470444&Type=35&Track=9999″></script>
Bookmark and Share

{ 2 comments… read them below or add one }

Darlene Law March 28, 2011 at 8:25 am

I lost my copy, of my taxes so that I can find out if it was mailed out yet or not. But I would need the amount to find it out. Cause I need to pay my rent for this mouth, I hop that you can help me cause I don’t need to be livining in the street. Thank you!

Reply

James Baker February 23, 2011 at 7:31 pm

I bought my home in june 2010 I think as a vet its wrong I cant get a first time home owners tax credit served 8 yrs still missed it by 45 days there should be a wavier for people like me

Reply

Leave a Comment

{ 4 trackbacks }

Page 1 of 11