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Anyone who have income require to file your income tax if the 2012 gross income are :
1. Single - $9750
2. Head of Household - $ 12500
3. Married filing jointly - $ 19500 4. Married filing separately
- $ 12500
5. Qualifying widow(er) - $14,400
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The standard deduction amounts for 2012
are :
1. Single : $ 5,950
2. Head of household : $ 8,700 3. Married filing jointly
: $ 11,900
4. Married filing Separately : $5,950
5. Qualifying Widow(er):
$ 11,900 *** The Personal Exemption for each
qualifying dependent : $ 3,800
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If you work, have income and have children ( or no children ), you are eligible to get
EARN INCOME CREDIT but there was some rules that you must qualify to get earn income credit.
The EARN INCOME TAX
CREDIT amount for 2012 are :
Number
of child *** Under*** Maximum credit *** Income
for maximum credit
One *** $35,463 *** $3,043
*** $8,550 - $15,700
Two *** $40,295
*** $5028 ***$12,050 - $18,750
Three
or more ***$43279 ***$5657 *** $ 12,050 - $ 19,520 None
*** $12,850 *** $457 ***$5,700 - $8,000
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NEW 2011 TAX LAWS: Please click on 2012
Tax Updated : * Can't DEDUCT Sale Tax for Car Purchase available through End of
2012 * Education Credit up to $2500 per student * Energy Tax Credit upt to $0 * First-Time Homebuyer Credit :
Credit up $ 0
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If need to get any federal tax forms and publications, please
click on the link IRS FORMS
You can call Le's Office - Tax service, we will happy to help you. 585-330-9263 or 585-865-1840
You can email us at customerservice@le-office.com
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