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Capitol Digest: Senator blasts slow pace of state tax refund mailing

14 April 2018

Non submission of statutory annexure: There are some specific annexure/forms to be filed along with ITR for claiming tax relief i.e. arrears relief u/s 89 in form 10 E rent deduction u/s 80GG in form 10 BA, audit report for F&O losses etc.

"You know, they're scammers; you just hang up", he said.

All records of expenses, such as tuition, mortgage interest or real estate taxes, and if you run a business or farm, records of all related expenses. Yes, the value of bitcoin ballooned greatly since then, but don't expect the number of people disclosing their gains to shoot up by the same order of magnitude as the value has.

"Especially the federal refunds scam because they ask for social security numbers to file fraudulent tax returns", said Tostado. For those who use paper to file, Indiana Department of Revenue Commissioner Adam Krupp says their returns must be in the mail by April 17. If you don't- the IRS charges a penalty of 5% of what you owe for every month you're late. Non-Lansing residents who also work in the city are required to file a city tax return and pay 0.5 percent of their income. Filing for an extension is typically a good idea if, let's say, you haven't gotten all your tax documents, you've been working overseas and you didn't get all the information you needed from your employer, or you've got a complex tax return and you're investing in complex investments.

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So we verified when it comes to filing your taxes, online is the more secure route to go.

Last year, the IRS subpoenaed Coinbase, the No. 1 cryptocurrency brokerage site in the United States, for information on every customer who conducted more than $20,000 in crypto transactions on the site between 2013 and 2015.

Unfortunately, if you're looking to file for a tax extension for 2018, mailing in your paperwork is probably not a possibility unless you're willing to pay for expedited shipping.

Tax help is being offered from 9AM to 5PM.

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Though the refund amounts vary per individual, the average refund left on the table by IN residents is approximately $1,073.

The tax filing deadline is fast approaching, but there's still time to get your paperwork turned in or file an extension. It could be an email or a phone call from someone pretending to be an IRS agent saying you owe money.

From the earned income tax credit to the child tax credit and those for things like continuing education, see what you qualify for so you can reduce your taxable income and increase a possible return.

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Capitol Digest: Senator blasts slow pace of state tax refund mailing