IRS 2014 Tax Calculator

To Use our IRS 2014 Tax Calculator please click the following link:

2014 IRS Tax Calculator

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E File to Find 2014 Tax Credits and Deductions

E File to Find 2014 Tax Credits and Deductions

One of the reasons so many people opt to free efile tax returns is that tax preparation software like MyTax-Back is designed to find credits and deductions you could miss on your own. After all, the average person doesn’t have the time to learn the ins and outs of the latest tax laws and, frankly, shouldn’t have to. Leave all the specialized knowledge about taxes federal and taxes state to the professionals, and efile your taxes in order to flush out little-known credits and deductions for which you may qualify. That way, you don’t have to worry about studying tax laws for hours on end or risk misunderstanding how those laws apply to you and negatively impact the way in which you prepare your return.

As MyTax-Back guides you step-by-step through the e file tax return process, the software scours its database of potential ways to decrease your tax payment or increase your refund. Whether you federal efile, state efile, or both, the information you provide allows MyTax-Back.com to match you with credits, such as the Lifetime Learning Credit for students or child care credits for parents. When you efile online, the software also searches out deductions you can claim, which reduce your taxable income. Finding these credits and deductions when electronic filing ultimately saves money, and anyone can be pleased with that.

Oftentimes, you can even e file free through MyTax-Back.com to do your budget even greater service. If you qualify to efile free, taxes aren’t that big of deal, especially if you’re looking to receive a hefty refund after locating extra credits and deductions on your return. In the case that your income bracket or investment choices prevent you from claiming free efile, MyTax-Back offers low-cost Deluxe and Premium packages to efile taxes online that are up to 60 percent cheaper than similar preparation software. These packages are designed to find even more credits and deductions, so the nominal fee actually pays for itself in the end.

Click Here to Begin Your Tax Return

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Who Can I Claim as a Dependent on my 2014 Taxes?

Who Can I Claim as a Dependent on my 2014 Taxes?

One of the most basic things about preparing taxes federal and taxes state is claiming the proper amount of dependents when you efile online. Each dependent is worth a hefty credit, after all, and you want to get the deductions you deserve for providing financial support for another individual. When you file tax returns, each dependent is worth a $3,950 exemption, and that really adds up if there are multiple people in your household for whom you are responsible. When people federal efile and state efile, they often forget that dependents aren’t always children, and a good opportunity to maximize your return could be missed.

In short, if you provide the majority of financial support for someone who lives with you or, in some cases, lives apart from you, you may be able to claim that person as a dependent and reap the exemption. If there is any doubt in your mind about whether an individual qualifies as a dependent, tax software like MyTax-Back can help you be sure one way or another when you efile your taxes. In many cases, you can even e file free and save even more money. When you go to MyTax-Back.com and efile free, taxes are done to maximize any refund you qualify for and take advantage of all the tax breaks you can.

The benefits of electronic filing are many, and the assistance in determining who qualifies as your dependent is only one of them. When you free efile tax returns, the MyTax-Back software scours through its database of potential deductions and credits to match you wherever possible. Your e file tax return will also be free of mathematical errors, which helps the IRS process your return quickly. When you efile taxes online, you also eliminate the transit time of snail mail and ensure your return goes right through the proper channels. This translates into your refund arriving more quickly, so you can put that money back into your household for you and your dependents to enjoy.

Click Here to eFile Your Taxes with MyTax-Back and Claim Your Dependents

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Do I Have to File 2014 Taxes?

Do I Have to File 2014 Taxes?

Believe it or not, but not everyone has to file 2014 taxes or a tax return. You don’t have to file taxes, federal or state, if your total income for the previous year is less than the standard deduction plus one exemption and no one else can claim you as a dependant. That answer may have you scratching your head, especially if you don’t know how much that is. Frankly, just because you may not have to file taxes, state or federal, doesn’t mean you should abstain. If you have paid any money in, for instance, you can’t get that money back without filing. Since you can federal efile and state e file taxes online for free, you might as well get what you have coming.

When you efile free, taxes you paid in excess will be refunded to you, so you can spend that money paying off debt or doing something fun. Electronic filing with a tax software like MyTax-Back also gives you peace of mind because it is designed to ward off errors and locate little deductions you might otherwise miss. After all, it would be a shame if you failed to file tax returns because you thought you didn’t have to but were off a bit in your calculations of your earnings. Since you can e file tax returns for free in many cases, you can play it safe and know you’ve done right without shelling out the dough for a costly accountant.

Free efile your taxes, and you have everything to gain and nothing to lose. When you efile tax returns, you ensure you’ve done your civic duty and have not mistakenly broken the law. E file free, and you may even get money back that you paid and wouldn’t receive if you didn’t efile online. MyTax-Back.com makes the entire efiling process easy, so it isn’t a hassle to take a few moments out of your day for electronic filing, and you will know for sure that everything on your return is correct. If you do have a refund coming, efiling speeds the processing of your tax return to put that money back into your hands as swiftly as possible.

Click Here to File 2014 Taxes

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e Filing Taxes History

e Filing Taxes History

Now that virtually everyone has joined the free efile tax return movement, it’s difficult to envision the not-so-distant past where filing taxes, federal and state, involved laboriously filling out forms by hand and shipping them off to the Internal Revenue Service (IRS) by snail mail. As you prepare to file your 2014 taxes through MyTax-Back.com, take a moment to reflect on the history of e filing to better appreciate the ease and efficiency of electronic filing taxes, state and federal.

Before you could efile taxes online, it wasn’t just harder on tax payers to prepare taxes, it was far more difficult for the IRS. Each form had to be double and triple checked for mathematical and human error. This required a lot of manpower to file tax returns and process them. As the use of computers in business became more widespread in the 1980s, the IRS began to consider the benefits of offering federal efile and state efile services. In 1986, the IRS, in conjunction with five preparers, did an efile online test run.

That first experience with e file tax returns was a lot different from how you efile your taxes today, but it showed such promise that the IRS continued to develop the process. In 1987, the direct deposit component was added, which sped up the turnaround time for receiving refunds. By 1990, individuals could efile free taxes without the assistance of a preparer through tax software like MyTax-Back.com.

Today, the majority of the American population chooses to e file free or at a cost that is far lower than hiring an accountant to do the work. MyTax-Back is proud to be a certified IRS e-File provider and is designed to find hundreds of potential exemptions and credits you might otherwise miss when you file tax returns. Electronic filing has never been easier, and the days of laboriously preparing your forms by hand are firmly in the past. Let MyTax-Back guide you through the e file process and maximize your potential return.

Start Your New Year Off Right by E Filing Taxes Now!

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Tips Before You Efile 2014 Taxes

Tips Before You Efile 2014 Taxes

Congratulations on making the decision to efile your taxes through MyTax-Back.com! We offer both federal efile and state efile services to make your tax preparation as simple as possible. You may even qualify for free efile on your taxes federal with low-cost options for your taxes state. Although MyTax-Back is designed to walk you through the efile tax return process with ease, there are a few things you can do to make electronic filing even more efficient:

Organize

Before you actually sit down to e file tax returns, make sure you have all the right paperwork close at hand for quick referencing. This may just mean locating your W-2, but, for most people, you should also find statements from your investment and retirement plans or even receipts from purchases you plan to deduct. The things you need to efile free taxes are entirely dependent on your particular situation, and, if you don’t have an organization system for this type of paperwork in place, now is great time to start.

Explore Your Options

In prior years, you may have been able to efile taxes online as Head of Household and still maximize your return. Situations change due to factors such as marriage and divorce, and you should check and see which filing status is most beneficial. Fortunately, tax preparation software like MyTax-Back helps users decide how to efile online, showing the potential differences in your tax payment or refund in black and white.

Be On Time or Make Arrangements

Since MyTax-Back.com is ready for you to use 24/7, there likely isn’t any excuse to miss the April deadline to e file free. There may be factors that are outside of your control, however, such as waiting for replacement paperwork that can force you to file tax returns late. In this case, you should e file for an extension through MyTax-Back to ensure the Internal Revenue Service (IRS) allows you the time needed to efile properly. You can even check back through MyTax-Back to see if your extension request is approved.

Click Here to eFile 2014 Taxes & Grab Your 10% Discount!

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Where’s My Tax Refund 2014

Where’s My Tax Refund 2014

Now that tax season is upon us and Americans are flocking to their PCs and Macs to efile taxes online, it is almost a waiting game to see when the refunds will arrive. That’s a natural reaction. People efile online taxes, federal and state, mainly so they can receive their refunds as quickly as possible, although there are plenty of other benefits to federal efile and state efile returns. Since the average tax refund amount is approximately $2700, you want that money back in your pocket to spend as you please. So, what happens behind the scenes after you free efile your taxes – state and federal?

You can check the status of your e file tax return online through MyTax-Back.com 24 to 48 hours after you efile. The first status you will see is that your return has been received, which simply means the Internal Revenue Service has your tax return and is currently processing it. Since you chose electronic filing, you can feel confident about the accuracy of your return, which speeds the processing time. Once the IRS has finished making sure everything with your efile tax return is in order, your status will change to “Refund Approved.” Then, the IRS only has to transfer the funds to you via direct deposit or a check in the mail. Once this has been done, your status will reflect that change by saying “Refund Sent.”

Although no one likes the waiting game, it is far easier to bear when you can see exactly where your return is in the process by checking the status online. You can only do this when you efile online through a tax software like MyTax-Back. What makes the deal even sweeter is that you can e file free, saving you the cost of an accountant or hassle of doing it on your own. When you efile free, taxes are done correctly and quickly, helping your return get processed with ease, so the extra money you paid in throughout the year goes back to you where it belongs.

Click Here to See Where’s My Tax Refund 2014

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