File Your Federal Taxes Online For 2010 Tax Year
How you get your federal tax forms completed is an individual decision. You might want to weigh the pros and cons of each one to help you decide how you want to do your taxes at the end of each year. Also, however you decide, be sure to carefully plan what you can do each year to minimize you tax liability. Take advantage of the full extent of your employers 401k or 403b and don't forget to fund your IRA's. Aside from saving on your taxes you'll be way ahead in planning your financial future. However you get the tax forms completed be sure you do it or get it done on time.
Calculating your taxes really isn't that hard. The form may look complex, but it really is only adding up your income then subtracting legal deductions. You then look up how much tax you owe on the 2009 federal tax tables included in the instruction booklet. After that you add on some tax credits (hopefully you have a lot) and penalties (hopefully you don't have any) and you are done.
2009 Federal Tax Table for Single Filers
Net Income 2010 Federal Tax Bracket for Head of Household Filing Status
Net Earnings 2010 Tax Tables for Married Filing Separately Status
Net Income 2010 Tax Brackets for Married Filing Jointly Status
Net Earnings
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