Posted on | December 27, 2012 | 1 Comment
Electronic Version Of Pub 17
The electronic version of pub 17 is in PDF format. It contains valuable information about filing your federal tax return. The precise link from which to download the PDF is http://www.irs.gov/pub/irs-pdf/p17.pdf. The easiest way to work with it is to save the document on your computer hard drive. That way, you won’t need Internet access if you have to refer to the file again in the future.
Most likely, you’ll need to look into it more than once, especially at crunch time, when the tax deadline is near. If you have enough time, you may want to familiarize yourself with the document so you know everything important. Doing this will help you compute your federal tax return accurately and avoid mistakes that can cost you come tax assessment time.
Be careful out there, you can fall prey to a joke complicated tax return if you end up in a phishing site. To avoid this from happening, look closely at the URL to make sure that you are going to the authentic IRS website. Becoming a victim of a joke complicated tax return can make the process of filing your income tax difficult when it should be rather easy and straightforward.
The best way to really learn to do it is to do it by hand, that is, without depending on tax software that automate the process of computing your taxes. The idea is simple, you just need to ascertain your true income, declare your deductions and claim you tax credits.