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What else can I help you with?
File an Extension for State Taxes Too?
If you require an extension on the filing of your taxes, do not forget to file an extension for state taxes too. Of course, if you live in a state like Florida that does not have a personal income tax, then you will not need to worry about filing taxes at all. In a majority of other states filing an extension is essential. You may incur certain fees or expenses if you fail to file an extension for your state taxes. Be sure to research the requirements for your state on receiving an extension for the filing of state taxes.
Are federal taxes automatically deducted from every paycheck?
Yes, federal taxes are typically automatically deducted from every paycheck by your employer before you receive your pay.
Can I deduct state taxes from my federal taxes?
Yes, you can deduct state taxes from your federal taxes if you itemize your deductions on your federal tax return.
What online personal income tax software for both federal and state taxes can you recommend?
I recommend online personal income tax software for both federal and state taxes, as well as software to help you file an extension if you need it. cutt.ly/JjWSDSE
Does TurboTax do all federal state AND local taxes?
Yes, TurboTax has the capabilities of doing both federal and state income taxes. If you choose the free version for the federal taxes you will have to pay a fee to complete the state taxes.
Is it possible to do tax extension online?
Yes, for U.S. federal income taxes and many states, you can file an extension online.
What are federal estate taxes?
Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.
Are social security taxes state taxes?
Social Security is a federal program. It is a federal "tax" not a state tax.
Do you have to send a copy of the state taxes with my federal taxes?
No
What is mandatory deductions?
state taxes, federal taxes, and local taxes.
Does the IRS collect state taxes?
No, the IRS does not collect state taxes. State taxes are collected by individual state governments, while the IRS (Internal Revenue Service) collects federal taxes on behalf of the federal government.
How can you get an extension for your taxes?
For federal taxes, file Form 4868 (see related links) no later than April 15: Remember to send your estimated payment. If you don't send enough, you will pay interest and maybe a penalty on the remainder. For state taxes, see the instructions for your state forms or your state web site.
