Friday, January 8, 2010

Pick the right tax form


We know that you don't want to think about it.

Neither do we.

But April 15 will be here in a few short months - and also, that 4th quarter estimated tax payment is due next week (January 15) for those who are self-employed.

It's time to start looking for statements in the mail or online, and also to begin thinking about what else you'll need to pull together for tax time.

We ran across this great piece on the Dollars and Sense blog by the Kansas City Star. It refers readers to this piece on Bankrate.com, which is worthwhile. As it turns out, choosing the 1040EZ form can cost you.

http://www.bankrate.com/finance/taxes/picking-the-proper-1040-tax-return-form-1.aspx?ic_id=nwsltr_taxtip_20100107

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