filing on october 15? check these tips before filing

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{ Filing on October 15? Check These Tips Before Filing If you obtained an extension to file your return, the extended deadline is October 15 th , 2015. You can lower your tax bill by qualifying for the following tax credits:

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Page 1: Filing on October 15? Check These Tips Before Filing

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Filing on October 15? Check These Tips Before

Filing If you obtained an extension to file your return, the extended deadline is October 15th, 2015. You can lower your tax bill by qualifying for the following tax credits:

Page 2: Filing on October 15? Check These Tips Before Filing

{Low and moderate-income families can reduce their tax liability substantially by using this credit. It is a refundable tax credit, which means that even if your tax bill is zero, you can still claim it and receive a refund.

The Earned Income Tax Credit (EITC)

Page 3: Filing on October 15? Check These Tips Before Filing

{This is another valuable tax credit for low and moderate-income workers. Use this credit if you contributed to a retirement plan in 2014. To claim this credit, use Form 8880.

Savers Credit

Page 4: Filing on October 15? Check These Tips Before Filing

{College students and parents of students can use this popular tax credit to lower their tax bill. To claim this credit, you may use Form 8863.

American Opportunity Tax Credit

Page 5: Filing on October 15? Check These Tips Before Filing

{The Premium Tax Credit is a refundable credit that allows low and moderate-income individuals and families to afford health insurance from the Marketplace. Even if you have no tax liability, you can claim the credit by filing a return.

Premium Tax Credit

Page 6: Filing on October 15? Check These Tips Before Filing

{If you did not pay your taxes before the April 15th filing deadline, the IRS can charge a penalty on your estimated tax liability. It’s in your best interest to make immediate efforts to pay your total tax bill.

Payment of a Tax Bill

Page 7: Filing on October 15? Check These Tips Before Filing

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