Tax Defense Network: Filing the Correct Tax Forms to Avoid Tax Debt

Tax Defense Network has recognized that many taxpayers owe back taxes because of tax filing mistakes and filing the wrong tax forms.

2012-07-20

JACKSONVILLE, FL, July 20, 2012 (Press-News.org) Tax Defense Network has recognized that many taxpayers owe back taxes because of tax filing mistakes, and while filing taxes can be dull, it is an important task that every taxpayer needs to do correctly to avoid a possible tax debt. Therefore, Tax Defense Network brings American taxpayers some of the commonly used forms for filing taxes that can help them in filing their tax returns efficiently.
Taxpayers can use Form 1040EZ for filing taxes if:
• Your filing status is single or married filing jointly.
• You and your spouse are under 65 years of age.
• You do not have any dependents.
• Your income is less than $10,000.
• You do not claim any adjustments to income.
• The only tax credit you can claim is EIC (Earned Income Credit).
• Your income from interest does not exceed $1,500.
Tax Defense Network informs taxpayers that Form 1040EZ is the shortest IRS tax form. If you meet the criteria explained above, you can file your tax return conveniently by using this form.
IRS Form 1040A can be used by individual American taxpayers for filing taxes if:
• You do not itemize deductions.
• Your taxable income is less than $100,000.
• You only have income from wages, salaries, tips, etc.
• The only adjustments to your income are educator expenses, IRA deductions, student loan interest deductions, and tuition and fees deductions.
• You only claim tax credits for child care expenses, elderly or disabled expenses, education and retirement savings contributions, child tax credit, and the earned income credit.
Tax Defense Network hopes to ease the tax journey of American taxpayers by providing them with useful, accurate and essential information about U.S. taxes. Taxes are a part of our everyday reality, a reality that we can understand and control. Tax Defense Network aims to empower American taxpayers to get the best out of their taxes.
Tax Defense Network is a national tax debt relief firm, assisting thousands of taxpayers monthly, seeing over $3.3 billion dollars worth of tax debt since its inception. Tax Defense Network's high standard of ethics has helped it maintain an "A" rating with the Better Business Bureau, and become a member of the Jacksonville Chamber of Commerce.

For more information on Tax Defense Network, and its debt relief services, please visit http://www.taxdefensenetwork.com/pr or call (888) 605-5657 for a free consultation. For other inquiries, contact kara.nuckles@taxdefensenetwork.com

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