Wednesday, January 30, 2013

Tax Refunds Equals Extra Money



Tax Season is here and your going to be recieving extra money. You may want to pay some unwanted debt of just get a head. Either way there is some extra money coming your way.
 But first there are some things you need to know about filing this year:
·         Tax Filing can’t be processed til January 30th
·         The education refunds of American Opportunity Tax Credit or the Lifetime Learning Credit won’t be processed until mid- February
·       Filers with residential energy credits and general business credits, will need to wait until late February or March
·        If you’re a victim of Identity Theft you will have to wait too
·         Generally speaking you will get your IRS refunds back about three weeks after you file your taxes.
Last Year it was reported by CNN Money, “Get ready to file your taxes” that 110 million taxpayers received an average of $2,803. With that money you can definitely pay some of your unwanted debt or start the New Year off ahead financially with your extra money.
CNN Money

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