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Taxes

Taxes FAQs

Q:  Who is required to file a tax return?
A:  People between the ages of 18 and 65 must file a tax return if not claimed as a dependant by anyone else.  The amount of income received in a year and current filing status also are factors that dictate if someone must file in answer to this tax question.  If income is below a certain threshold, a person is not required to file.

Q:  What is filing status?
A:  A person’s domestic situation determines their filing status.  There are five classifications of filing status.  They are Single, Head of Household, Married filing Jointly, Married filing Separately and Qualified Widow(er).

Q:  What should be done if a person fails to get their W-2 sent to them by their employer?
A:  Common practice dictates that employers usually distribute or mail out W-2’s near the beginning or middle of January.  If a person has not received their W-2 by the end of January, contact the employer.  If by the middle of February it still isn’t received, the person should then contact the IRS.

Q:  What happens if a person loses their spouse?  What is the tax liability?
A:  The surviving spouse may file their taxes under the Married filing Jointly status for the year the deceased died and for up to two years afterwards.  The only way this is null is if the surviving spouse remarries within that timeframe.  On, the tax return, however, the deceased status should be noted and the date of their death included.

Q:  When are tax returns due to the IRS?
A:  A tax return must be sent to the IRS by no later than April 15th of every year.  A request to file a tax extension must be made with the IRS prior to this date if more time is needed.

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