Showing posts with label 1040EZ. Show all posts
Showing posts with label 1040EZ. Show all posts

Saturday, February 14, 2015

Government Incentives for Low Income Retirement Contributions

Did you know that low income earners have an incentive to contribute to a retirement account?  That is right, the government will give qualified people a credit up to $50 for every $100 deposited in their personal IRA.

See Form 8880.

Other tax links include:

1040 Insructions - Form 1040

1040A Instructions - Form 1040 A

1040 EZ Instructions - Form 1040 EZ

540 Booklet - Form 540 Instructions - Form 540

Also, for those interested in Small Business expenses, see www.irs.gov for Topic 509, Business Use of Home.