Nov 11, 2014 | Arizona Income Taxes, Federal Income Taxes, Individual Income Tax Returns, Taxable Income
You can’t claim an exemption for your spouse as your dependent, but you can claim a personal exemption. To claim a personal exemption for your spouse, you must meet a host of requirements. For example, you must have been married on the last day of the tax year. For...
Nov 11, 2014 | Arizona Income Taxes, Federal Income Taxes, Individual Income Tax Returns
There are three personal income tax forms: 1040, 1040A, and 1040EZ. While the EZ form is the most straightforward, it may be worth using a longer form because there are more tax break opportunities. For the record, the 1040 is the most complex while the 1040A is the...
Nov 11, 2014 | Arizona Income Taxes, Federal Income Taxes, Individual Income Tax Returns
The two types of “claimable” dependents are a qualifying child or a qualifying relative. A qualifying child is one that is either biological, adopted, a foster child, or a brother, sister, niece, or nephew that is under the age of 19, and abides at the...
Nov 10, 2014 | Arizona Income Taxes, Individual Income Tax Returns
Whether or not you need to file an Arizona individual tax return will depend on a few different factors which are: the amount of money you have earned for the prior year, the source of that income, your age, and your filing status (married, single, etc.). For example,...
