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New IRS Tax Return Information

Taxpayers can get one of the most out of various tax benefits and have a jump on getting ready their 2013 federal income tax returns by consulting a new newly revised comprehensive tax guide now available on IRS. gov.

Publication 17, Your Federal Income Tax, features details on taking advantage of an array of tax-saving opportunities, such as the Unitedstates Opportunity Tax Credit for parents and pupils, and the Child Taxes Credit and Earned Tax Credit for low- along with moderate-income workers.

It also features a new rundown on tax alterations for 2013 including information on revised tax rates andalso new limits on various tax benefits for a few taxpayers. This useful 292-page guide also provides a large number of interactive links to help taxpayers quickly get answers withtheir tax questions.

Publication 17 has been published annually throughthe IRS since the 1940s and possesses been available on the IRS site since 1996. As in prior decades, this publication is set with basic tax-filing information and advice on what income to report and tips on how to report it, figuring capital gains along with losses, claiming dependents, choosing the standard deductions versus itemizing deductions, and using IRAs in order to save for retirement.

Besides Publication 17, IRS.gov offers many other helpful resources for those doing year-end tax arranging. Many 2013 tax forms are actually posted, and updated versions of other forms, 1040 instructions and publications are posted almost every day. Tax forms already obtainable include Form 1040 along with short Forms 1040A and1040EZ.

Calculate Your Tax Refund beforehand

A tax refund calculatorwill not only let you know whether or not you happen to be getting a tax refund back just about all lets you know approximately how much it's going to be too. This way when taxes season comes around you can be stress free. Not to mention the fact which you can use it for free. Choose from the TurboTax reimbursement calculator or H as well as R Block tax reimbursement calculator.

Please look to more information about claimingdependents.