2009 Taxes

Tag Archives: Form

A Couple of Common Tax Problems

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Unfortunately the IRS continues to make understanding tax filing difficult. Those white forms that are jammed to the brim with odd words don’t really make the situation any better. It looks like we’ll have to continue playing the “Guess what the IRS is thinking” game until some form of flat tax is implemented. This article will mention a couple of common tax problems and some potential solutions. Note that the author of this article highly recommends seeking a professional if you have a tax problem.

One of the most common issues faced when dealing with taxes is that the citizen … Read the rest

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Invest your 2009 Tax Return

TurboTax - Federal Free Edition

Invest your 2009 Tax Return

The IRS is offering an investment option if you are getting a refund for your 2009 taxes this year. You can transfer your tax refund for a US savings bond of up to $5,000. You can purchase a bond in any denomination of $50, remaining funds need to be directly deposited into a banking account.

It’s just that simple, when you file choose the US Savings Bond option and you will receive your bonds in the mail instead of a refund check. The official form is Form 8888, used to deposit your refund into more … Read the rest

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