Welcome to InsuranceForums.info!   

Advertisments:


Sponsor Links

Affordable Pet Insurance
Travel Insurance Comparison


Best tax deductions for married couples in 2012?

Unemployment Insurance and Employment Discussion

Best tax deductions for married couples in 2012?

Postby roe98 » Tue Nov 20, 2012 10:59 am

What a question this really is for this purpose and time in your life.
MFJ standard deduction amount would be 11900
2 exemption each 1 3800 under the age of 65 7600
Income free of the federal income tax rates 19500 for the tax year 2012 during the 2013 tax filing season for this purpose and time in your life. Good luck to you.
Here you go you can try and do your own estimated tax calculations at this time in your life for this purpose since you are the only one that would know all of the needed necessary information at this time.
www.irs.gov website and use the search box for 2012 Form 1040-ES (OTC)
Estimated Tax for Individuals

http://www.irs.gov/pub/irs-pdf/f1040es.pdf?portlet=3

Copy and paste the below enclosed website address into your browser address bar for this purpose.

http://www.dinkytown.net/java/Tax1040.html

Enter your filing status, income, deductions and credits and we will estimate your total taxes for 2012. Based on your projected withholdings for the year, we can also estimate your tax refund or amount you may owe the IRS next April 2013.
In 2011, Federal income tax rates were scheduled to increase to pre-2001 levels, but the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010" left the existing tax brackets in place through 2012.
You probably can find an estimated tax calculator for your state income taxes by going to your state income tax department website and use the search box for estimated tax calculator at that time in your life.
Hope that you find the above enclosed information useful. 09/29/2012
roe98
 
Posts: 515
Joined: Fri Apr 01, 2011 1:19 pm

Best tax deductions for married couples in 2012?

Postby andreo » Tue Nov 20, 2012 11:01 am

since your standard deduction is $11900 for married filing jointly, unless you can itemize greater than that, for a married couple there would be nothing that anyone else would not be eligible for
andreo
 
Posts: 468
Joined: Fri Apr 01, 2011 10:42 am


Return to Unemployment Insurance

 


  • Related topics
    Replies
    Views
    Last post