What is the maximum earned income tax credit for 2015?
2015’s maximum Earned Income Tax Credit for singles, heads of households, and joint filers is $503 if the filer has no children (Table 6). For one child the credit is $3,359, two children is $5,548, and three or more children is $6,242. Source: Author’s calculations.
How much is the standard deduction for 2015?
Table 2. 2015 Standard Deduction and Personal Exemption Filing Status Deduction Amount Single $ 6,300.00 Married Filing Jointly $ 12,600.00 Head of Household $ 9,250.00
How much does it cost to file a 2015 tax return?
Federal returns are always free and state returns are only $14.99. File 2013, 2014, 2015, 2016, 2017, 2018, and 2019 tax returns online. File your federal taxes for free, no matter how complex your return is.
What are the Amt and earned income tax credits 2015?
The AMT exemption amount for 2015 is $53,600 for singles and $83,400 for married couple filing jointly (Table 5). Earned Income Tax Credit 2015’s maximum Earned Income Tax Credit for singles, heads of households, and joint filers is $503 if the filer has no children (Table 6).
Is the IRS still processing refunds for 2015?
The IRS is no longer processing refunds for 2015. You must have filed your return within 3 years of the return due date to claim a refund. Free account roll-over and back-ups of completed tax returns are included.
Is it possible to purchase TurboTax 2015 from a third party?
While you may be able to purchase TurboTax 2015 from a third party, you will *not* be able to get the “REQUIRED” corrections and updates to the program. This means that a tax return prepared with TurboTax 2015 will probably be wrong, and TurboTax will *NOT* honor their 100% accuracy guarantee on their program for 2015 and older.
What was the income payroll tax rate in 2015?
The rate was set at 39.6% in 2015, the same as in 2013 and 2014. Top earners paid 35 percent in 2012 before the bipartisan ATRA took effect. Top income payroll tax went from 37.4% to 52.2%-Fiction! The email gets the income payroll tax rate wrong.
What is the 2015 tax rate for single filers?
Table 1. 2015 Taxable Income Brackets and Rates Rate Single Filers Married Joint Filers Head of Household Filers 10% $0 to $9,225 $0 to $18,450 $0 to $13,150 15% $9,225 to $37,450 $18,450 to $74,900 $13,150 to $50,200 25% $37,450 to $90,750 $74,900 to $151,200 $50,200 to $129,600
What is the standard deduction for 2015 in Table 2?
Table 2. 2015 Standard Deduction and Personal Exemption Filing Status Deduction Amount Single $ 6,300.00 Married Filing Jointly $ 12,600.00 Head of Household $ 9,250.00