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2011 Income Tax Guide

April 4, 2011 12:10 PM

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tax day

taxday 2011 Income Tax Guide

This year’s tax deadline has changed, and so have the rules. Filers have until April 18th to file their income taxes this year with the IRS, but experts say don’t wait because it will only delay your return.

If you need more time to get your paperwork together, you can submit an automatic extension to file, but you must pay any taxes you expect to owe by April 18th or face penalties and interest on any money owed. An extension to file is NOT an extension to pay.

taxeshands 2011 Income Tax Guide

IRS Forms

Having trouble locating the exact form for your taxes?


Earned Income Tax Credit


Child and Dependent Care Credit
is for expenses paid for the care of your qualifying children under age 13, or for a disabled spouse or dependent, to enable you to work or look for work.


Child Tax Credit
is for people who have a qualifying child. The maximum amount of the credit is $1,000 for each qualifying child. This credit can be claimed in addition to the credit for child and dependent care expenses.


Retirement Savings Contributions Credit
also known as the Saver’s Credit, is designed to help low-to-moderate income workers save for retirement. You may qualify if your income is below a certain limit and you contribute to an IRA or workplace retirement plan, such as a 401(k) plan.

taxpreparer 2011 Income Tax Guide

Get Help

The Internal Revenue Service offers last minute reminders to taxpayers who have not yet filed a tax return, paid what they owe or requested an extension of time to file as the April 15 tax filing and payment deadline approaches.

There is no income limitation for people needing IRS services. Before you spend hundreds of dollars for high-priced tax help, remember there are helpful IRS tips still available.

IRS toll-free customer service line: 800-829-1040

  • For those who cannot make the deadline, a form number 4868 will be needed for an extension, but needs to be postmarked by midnight, and a taxpayer still needs to include an estimated payment.
  • For those needing to spread out any payments to the IRS, one will need a form 9465 to request an installment agreement. It will cost $105 dollars.

In that last-minute dash to complete a tax return, the IRS warns against making common mistakes like entering a wrong Social Security number, incorrect filing status on a tax form, withholding or estimated tax payments often entered on the wrong line.

Tax Options and IRS Help

Do It Yourself | Resources for doing your return by hand.


Small Business | Assistance for Small Business Filers


IRS Help | Assistance Directly From The IRS


CBS4Miami.com “Get Answers Miami”

If you have a question and would rather not ask the IRS, you can seek answers through Get Answers Miami. Post your questions, and seek help from people who may have information. We will also bring questions to our weekly Tax Question Phone Bank on CBS4, where Enrolled Agents, experts in tax law, will try to help.

TAX PHONE BANK: Monday, 5-6:30 p.m. Call 305-597-4404 to speak directly with experts


Tax Filing Options

 Tips to help you choose a reliable preparer.


e-file | eFiling allows you to file your taxes electronically


“Free file” | An option for those with Adjusted Gross Income of $50,000 or less


Want Professional Help?

If you have a complicated tax return, or just don’t want to go it alone, the services of a professional tax preparer can be invaluable. The Local Pages directory at CBSMiami.com links you to hundreds of tax services across South Florida. Start with the link below, and use your zip code to narrow your search:




Still like to file your return by mail? The IRS is trying to break you of that habit, and the post office is helping when it comes to procrastinators who wait until the last minute. Many post offices that traditionally stayed open late for last minute tax-day filers no longer do so. For the first time, there will be NO post offices open until Midnight for late filers. 3 Post Offices will be open until 9 PM. Others will have slightly extended hours.Please refer to the list below.

Filing By Mail on TAX DAY (April 18th)

 

MONROE COUNTY No late locations

OPEN UNTIL 9 PM
Fort Lauderdale Processing and Distribution Center, 1900 W Oakland Park Blvd, Fort Lauderdale
Miami Processing and Distribution Center, 2200 NW 72 Avenue, Miami
West Palm Beach Processing and Distribution Center, 3200 Summit Blvd, West

Other Branch Closing Times

Golden Isle Postal Store 1800 E Hallandale Beach Blvd Hallandale 6:00PM
El Mercado Postal Store 2440 W 60th St Hialeah 6:00PM
Miami Gardens Branch 6193 NW 183rd St Hialeah 6:00PM
Surfside Branch 250 95th St Miami Beach 6:00PM
Ave. of the Americas Store 1455 NW 107 Ave Unit 106 Miami 9:00PM
Coral Gables Branch 251 Valencia Ave Coral Gables 6:00PM
Country Lakes Postal Store 13520 SW 152 St Miami 6:00PM
Kendall Br Postal Store 13101 S Dixie Hwy Miami 6:00PM
Ludlam Branch 6900 SW 40th St Miami 6:00PM
Milam Dairy Branch 5600 NW 72 Ave Miami 6:00PM
Miracle Mile Postal Store 20 Miracle Mile Coral Gables 6:00PM
Norland Branch 18640 NW 2nd Ave Miami 5:30PM
North Miami Beach Branch 16400 W Dixie Hwy Miami 6:00PM
North Miami Branch 14311 Biscayne Blvd Miami 7:00PM
Pinecrest Postal Store 11301 S Dixie Hwy Miami 8:00PM
Snapper Creek Branch 11000 SW 104th St Miami 7:00PM
South Miami Branch 5927 SW 70th St Miami 6:30PM
Town and Country 8266 Mills Dr Miami 7:30PM
West Dade Finance Unit 14790 N Kendall Dr Miami 5:30PM
Causeway Postal Store 1515 S E 17 St Ft Lauderdale 6:00PM
Davie Branch 3850 S University Dr Ft Lauderdale 6:00PM
Inverrary Branch 6240 W Oakland Park Blvd Ft Lauderdale 6:00PM
Fort Lauderdale Main Ofc 1900 W Oakland Park Blvd Ft Lauderdale 7:00PM
Oakland Park Branch 3350 NE 12th Ave Ft Lauderdale 5:30PM
Plantation Branch 7580 NW 5th St Ft Lauderdale 7:00PM
Sawgrass Postal Store 12801 W Sunrise Blvd Ft Lauderdale 7:00PM
Southside Station 2801 S Federal Hwy Ft Lauderdale 7:00PM
Sunrise Branch 3225 N Hiatus Rd Ft Lauderdale 7:00PM
Sylvia H Alridge Station 400 NW 7 Ave Ft Lauderdale 6:00PM
Tamarac Branch 7875 NW 57th St Ft Lauderdale 7:00PM
Weston Branch 1870 N Corp. Lakes Blvd Ft Lauderdale 7:00PM
Westside Branch 11600 W State Rd 84 Ft Lauderdale 6:00PM
Atlantic Branch 8801 W Atlantic Blvd Coral Springs 6:00PM
Coral Springs Branch 3255 NW 94 Ave Coral Springs 7:00PM
Flamingo Branch 12590 Pines Blvd Pembroke Pines 5:30PM
Hillcrest Postal Store 4429 Hollywood Blvd Hollywood 6:00PM
Hollywood Main Office 1801 Polk St Hollywood 6:00PM
Miramar Branch 14900 SW 30 St Miramar 6:00PM
South Florida Retail Unit 16000 Pines Blvd Pembroke Pines 7:00PM
University Postal Store 7972 Pines Blvd Pembroke Pines 8:00PM
West Palm Beach Main Office 3200 Summit Blvd West Palm Bch 9:00PM

 

Other Helpful Links


BNET Business Tax Survival Guide

 BNET is part of the CBSInteractive family of websites, and offers lots of helpful information for business owners. You can see the full Tax Survival Guide here, or check the topics below:

taxrefunds 2011 Income Tax Guide

Check For Refund

Once taxpayers file their federal return, they can track the status of their refunds by using the “Where’s My Refund?” tool, located on the front page of http://www.IRS.gov.

  • Taxpayers can generally get information about their refunds 72 hours after the IRS acknowledges receipt of their e-filed returns, or three to four weeks after mailing a paper return.

Taxpayers need to provide the following information from their tax returns:

  1. Social Security Number or Individual Taxpayer Identification Number
  2. Filing status
  3. The exact whole dollar amount of your anticipated refund.

If the U.S. Postal Service returns the taxpayer’s refund to the IRS, the individual may be able to use “Where’s My Refund?” to change the address the IRS has on file, online.

Also, taxpayers may complete a Form 8822, Change of Address, and send it to the address shown on the form. They may download Form 8822 from www.IRS.gov or order it by calling 800-TAX-FORM.

Generally, taxpayers can file an online claim for a replacement check if more than 28 days have passed since the IRS mailed their refund.

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