Article by USA Weekend (March 21-31, 2014, J. Waggoner of USA Today ) Time To Organize Your Household's Financial Contributions and Deductions Get credit for the EITC. (Earned Income Tax Contribution, only if you made less than $51,567) No pension, Do you have a traditional IRA? Have you reached the higher income tax bracket which is 39.6% for earned income over $400,000 (single person) or $450,001 (married couple)? Did you search for a job in 2013? You may be able to deduct your job-hunting expenses (e.g., mileage is 56.5 cents a mile). Have children, Did you have any child care expenses? You may be able to receive a tax credit. Did you remodel your home in 2013? New windows? Furnace? Energy-saving home improvements? You may be able to receive a tax credit up to $500. Are you a teacher? You may be able to receive a tax credit up to $250 for educational materials. Did you include deductions of state sale taxes? Do you own an electric vehicle? You may be able to recei...
Lifestyle Blog: Various Topics and Dear Sherlene Letters. Sherlene D. Stevens is a family appropriate blogger, and owns a help-services concierge company brand in Maryland, USA.