February Outreach Corner
Internal Revenue Service (IRS) sent this bulletin at 02/08/2018 01:01 PM EST
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Issue Number: 2018-02Inside This Issue
1. You may be able to save money with education tax credits If you’re paying education costs for yourself, a spouse or a dependent, you may be eligible to save some money with education tax credits. Full story. 2. Should you itemize or choose the standard deduction? When preparing your federal tax return, you have the option of either taking the standard deduction, or, if you think you may have more qualified expenses than the standard deduction provides, you may choose to itemize. Full story. 3. Haven’t received your W-2 yet? The IRS can help It’s tax time, and you need your Form W-2, Wage and Tax Statement, to file an accurate federal tax return. Your employer should have sent this to you by January 31. Full story. 4. You may qualify for free tax preparation in your community Free tax help is available from IRS-certified volunteers throughout the nation. IRS offers free tax preparation service through its Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs. Full story. 5. Saver’s Credit — Contribute to your IRA by April 17 You may qualify for the Saver’s Credit for contributions you make to an Individual Retirement Arrangement (IRA) for 2017 on or before April 17, 2018. Full story. Thank you for subscribing to Outreach Corner, an IRS e-mail service. If you know someone who might want to subscribe to this mailing list, please forward this message to them so they can subscribe. This message was distributed automatically. Please Do Not Reply To This Message. |