Important Tax Dates For Individual Tax Filers – Tax Year 2009

 If a due date falls on a Saturday, Sunday or holiday, the due date is automatically extended until the next business day that is not itself a legal holiday. Dates shown below are for 2010 and Tax year 2009. Below are the list of the important days for the current Tax year 2009 to file your Individual Taxes to IRS.

Date	For Individual Tax Filers
April 15, 2010	Last day to file your Federal Income Tax Return for Tax Year 2009.
April 15, 2010	Last day of file your State Income Tax Return for Tax Year 2009.
April 15, 2010	Last date to file Extension for Federal Income Tax Return for Tax Year 2009.
After April 15, 2010 for tax extension and late e- filers	The IRS might apply late fee penalties plus interest on taxes owed. The IRS late fee penalties might not apply for those who will receive refunds.
October 15, 2010	Last day to e-file income tax return for Tax Year 2009.
October 15, 2010	Last day to file your extended Income tax return for Tax Year 2009.

Prepare, Print, E-File your Federal Taxes FREE

15th January 2010 : Federal Government starts accepting the Federal Tax returns. 

We able to prepare, print, E-file Federal E-File from various online or professional software through the various government links.

As Government is suggesting various software to file Individual Federal Tax Return Free of Charge in certain scenarios based upon the Adjusted Gross Income and other conditions etc. (http://www.irs.gov/efile/article/0,,id=118993,00.html).

Various online TAX software company have various offers to support  free of cost Federal Return along with state taxes.

You can choose any of the online Tax Software company from the IRS website from the below link.

Free Individual Federal Tax Return

Once you reach to the Federal IRS website, you can click on the various options.

One of the option says “I will choose A Company“. If you want to find out about various offers from the various Online Tax Software Provider companies, this is the great option to go with. This will show a list of the companies who are participating on IRS website.

Second Option says “Help Me Find A Company“.  On the page, enter your information such as age, resident state etc. and based upon that you can find out the best Online Tax Software provider company.

After clicking on particular Online Tax Software provider company’s link displayed on the website, it will leave the IRS website and redirect to the concern companies website.

You can find out various informative resources to prepare your Online Federal Taxes with various Tax software companies from here.

How to choose your Main Form to File your Federal Tax Return.

As Tax season is starting up, we all need to complete our Federal and state tax return as correct and as early as possible. 

For Federal Tax return, there are generally six Main forms are available.  1040EZ, 1040A, 1040, 1040NR, 1040NREZ, 1040PR.

If you are preparing your taxes by your own, you should have some knowledge ( or your software does for you) to choose your main form to start your tax return.

Basic difference start with the Income, Deductions, Credits, Dependents etc..

Some of the differences are as below that helps you to decide which form is suitable for us to file our tax return.

[If we are using the computer software, most of the companies will automatically decide which form needs to generated.]

Form 1040EZ :

• Choose these form if Your taxable income is less than $100,000.
• Don’t have any dependents to claim.
• Your Filing status is either Single or Married Filing Jointly.
• Had only income form Wages, salaries, tips etc.
• If you do not claim  Educator Expense, Student Loan Interest, tuition and Fees deductions.

Form 1040A :

• Choose these form if Your taxable income is less than $100,000.
• Have dependents to claim.
• Had income from wages, salaries, tips, Interest, Dividends, Stock transaction, Pension, Annuities, IRA etc.
• If you don’t want to do Itemise Deduction.
• Claim credits like Child Tax Credit, Earned Income Credit etc.

Form 1040 :

Form 1040 may always be used for any of the above things. It will include all the dependents information, credits, deductions, payments etc.

All above information is inspired from various IRS and tax related sources.