Tag: tax return preparation for Veterans

Claiming Property Taxes on Your Tax Return

Many people don’t know that you can claim property taxes on your tax return form. However, if you don’t know this, you might be wasting money in not claiming this tax refund. With this information, you will learn how you can claim property taxes on your tax return, and you will know as much about property taxes and your tax return:

Only available in some states

Before you can start claiming for property taxes on your tax return, you need to make sure that this is available in your country and state.

There are many states where you can’t claim for your property tax on your return forms. So, you need to make sure that you are going to be able to claim in the area where you are living. You can ask a professional for this information. Just remember to ask a really experienced person with a tax return for this information.

Property owners

There is some confusion about when you can claim property taxes on your return forms for getting some tax refund back. You need to know that only people that have one property can claim for this refund. Those people that are renting out property have less chance of claiming some of the property taxes.

You should be living in the property that you are claiming for. This doesn’t really matter if you have property for a business or if the property is your home. However, if you have property that you’re renting, then you might not qualify for this.

What you can’t claim for

There are a couple of things that you can’t claim for, when you have property and paying property taxes. You can’t claim for fees that you paid for services delivered like water or trash collections. You also can’t claim for the fees that you paid for flat-fees that you have paid for fines because your lawn was too long, and you got a fine for it.

Any fee that you have paid because of any type of fine that has to do with your property isn’t claimable for tax refund. …


Free tax return preparation for Veterans, military members and their families

Are you dreading the idea of dealing with your tax return? The IRS has tried to make it easier by allowing electronically filed tax returns alongside traditional paper ones. It will also significantly impact o the speed of your tax refund.

Can you get free tax return preparation for Veterans?

The quick answer is yes, you can. In thanks for the years of service and personal risk taken by troops, there are free tax preparation services which will assist both serving and former members of the armed forces as well as their families to gain access to free tax services.

Firstly, the IRSs own Volunteer Income Tax Assistance service, alongside the service of Tax counselling for the Elderly, are available to any and all tax payers who earned less than $53000. The volunteers are IRS certified, ensuring that your preparation is accurate, and there are 12000 locations country wide to help you get the assistance with your tax return that you need. MyFreeTaxes also offers a free online tax preparation service which will assist qualified Veterans, military on active duty, family members and taxpayer’s earning less the $6000o to access their services for federal and state tax regardless of your local. They will also provide in person services. This vital service is delivered in partnership with several global non-profits. Find more details here.

What other tax refund services are there?

There are other services to assist with tax returns for members of the military. Do note, however, that some will have eligibility requirements or be available in limited areas, and you will need to double check with these services directly. FreeFile allows you to choose from leading software options to file. Every one of the 14 companies that are part of this program will offer different special offers depending on a varying set of factors. You can look at each to see which would suit you best. By supplying the answers to a set of questions, they will help you find the right forms, tax credits and deductions and also do the math. TurboTax Freedom edition will also …