File your Taxes for Free!
  • Get your maximum refund*
  • 100% accurate calculations guaranteed*

TurboTax Federal Free Edition - File Taxes Online

Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!

Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.


© 2012 - 2018 All rights reserved.

This is an Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among other are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
When discussing "Free e-file", note that state e-file is an additional fee. E-file fees do not apply to New York state returns. Prices are subject to change without notice. E-file and get your refund faster
*If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
*Maximum Refund Guarantee - or Your Money Back: If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.99 and a refund of your state purchase price paid. Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/15/14. E-file, Audit Defense, Professional Review, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee. *We're so confident your return will be done right, we guarantee it. Accurate calculations guaranteed. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
https://turbotax.intuit.com/corp/guarantees.jsp

File 2008 Taxes For Free

File Federal And State Taxes Free OnlineHrblock EfileFree State Tax FilingFile Back Tax OnlineTurbotax 1040x 20121040 ExTax Forms 2011 FederalCan I File My 2012 Taxes In 2014Free Income Tax SitesIrs Gov Free FileH And R FreeHow To Do TaxesFree Irs Extension FormIrs Form State Tax FormsIrs Tax Forms 2011 DownloadHow To Fill Out A 1040x FormIrs 2009Tax Preparation SoftwareMilitary Tax Free ZonesMilitary Taxes OnlineForm 1040x Fillable2012income Tax1040x Amendment FormState Tax Return OnlineFree Federal And State Efile 2013Turbotax 2011 OnlineH & R Block Tax1040ez Instructions 2013Irs State Tax ReturnH&r Block Military TaxesFree Tax Preparation H&r BlockNeed Help Filing A 1040xPrintable Tax Forms 20112012 Tax Amendment FormIrs Gov E FileFiling Amended Tax Return OnlineFree File Fillable FormsFree Online TaxIrs Form 4868Wwwh&rblock Com

File 2008 Taxes For Free

File 2008 taxes for free 2. File 2008 taxes for free   Accounting Methods Table of Contents Introduction Topics - This chapter discusses: Useful Items - You may want to see: Accounting MethodsCash Method Accrual Method Farm Inventory Cash Versus Accrual Method Special Methods of Accounting Combination Method Changes in Methods of Accounting Introduction You must use an accounting method that clearly shows your income and expenses. File 2008 taxes for free You must also figure your taxable income and file an income tax return for an annual accounting period called a tax year. File 2008 taxes for free This chapter discusses accounting methods. File 2008 taxes for free For information on accounting periods, see Publication 538, Accounting Periods and Methods, and the Instructions for Form 1128, Application To Adopt, Change, or Retain a Tax Year. File 2008 taxes for free Topics - This chapter discusses: Cash method Accrual method Farm inventory Special methods of accounting Changes in methods of accounting Useful Items - You may want to see: Publication 538 Accounting Periods and Methods 535 Business Expenses Form (and Instructions) 1128 Application To Adopt, Change, or Retain a Tax Year 3115 Application for Change in Accounting Method See chapter 16 for information about getting publications and forms. File 2008 taxes for free Accounting Methods An accounting method is a set of rules used to determine when and how your income and expenses are reported on your tax return. File 2008 taxes for free Your accounting method includes not only your overall method of accounting, but also the accounting treatment you use for any material item. File 2008 taxes for free A material item is one that affects the proper time for inclusion of income or allowance of a deduction. File 2008 taxes for free An item considered material for financial statement purposes is generally also considered material for income tax purposes. File 2008 taxes for free See Publication 538 for more information. File 2008 taxes for free You generally choose an accounting method for your farm business when you file your first income tax return that includes a Schedule F (Form 1040), Profit or Loss From Farming. File 2008 taxes for free If you later want to change your accounting method, you generally must get IRS approval. File 2008 taxes for free How to obtain IRS approval is discussed later under Changes in Methods of Accounting . File 2008 taxes for free Types of accounting methods. File 2008 taxes for free   Generally, you can use any of the following accounting methods. File 2008 taxes for free Each method is discussed in detail below. File 2008 taxes for free Cash method. File 2008 taxes for free Accrual method. File 2008 taxes for free Special methods of accounting for certain items of income and expenses. File 2008 taxes for free Combination (hybrid) method using elements of two or more of the above. File 2008 taxes for free Business and other items. File 2008 taxes for free   You can account for business and personal items using different accounting methods. File 2008 taxes for free For example, you can figure your business income under an accrual method, even if you use the cash method to figure personal items. File 2008 taxes for free Two or more businesses. File 2008 taxes for free   If you operate two or more separate and distinct businesses, you can use a different accounting method for each business. File 2008 taxes for free Generally, no business is separate and distinct unless a complete and separate set of books and records is maintained for each business. File 2008 taxes for free Cash Method Most farmers use the cash method because they find it easier to keep records using the cash method. File 2008 taxes for free However, certain farm corporations and partnerships and all tax shelters must use an accrual method of accounting. File 2008 taxes for free See Accrual Method Required , later. File 2008 taxes for free Income Under the cash method, include in your gross income all items of income you actually or constructively received during the tax year. File 2008 taxes for free Items of income include money received as well as property or services received. File 2008 taxes for free If you receive property or services, you must include the fair market value (FMV) of the property or services in income. File 2008 taxes for free See chapter 3 for information on how to report farm income on your income tax return. File 2008 taxes for free Constructive receipt. File 2008 taxes for free   Income is constructively received when an amount is credited to your account or made available to you without restriction. File 2008 taxes for free You do not need to have possession of the income for it to be treated as income for the tax year. File 2008 taxes for free If you authorize someone to be your agent and receive income for you, you are considered to have received the income when your agent receives it. File 2008 taxes for free Income is not constructively received if your receipt of the income is subject to substantial restrictions or limitations. File 2008 taxes for free Direct payments and counter-cyclical payments. File 2008 taxes for free   If you received direct payments or counter-cyclical payments under Subtitle A or C of the Farm Security and Rural Investment Act of 2002, you will not be considered to have constructively received a payment merely because you had the option to receive it in the year before it is required to be paid. File 2008 taxes for free Delaying receipt of income. File 2008 taxes for free   You cannot hold checks or postpone taking possession of similar property from one tax year to another to avoid paying tax on the income. File 2008 taxes for free You must report the income in the year the money or property is received or made available to you without restriction. File 2008 taxes for free Example. File 2008 taxes for free Frances Jones, a farmer, was entitled to receive a $10,000 payment on a grain contract in December 2013. File 2008 taxes for free She was told in December that her payment was available. File 2008 taxes for free She requested not to be paid until January 2014. File 2008 taxes for free However, she must still include this payment in her 2013 income because it was made available to her in 2013. File 2008 taxes for free Debts paid by another person or canceled. File 2008 taxes for free   If your debts are paid by another person or are canceled by your creditors, you may have to report part or all of this debt relief as income. File 2008 taxes for free If you receive income in this way, you constructively receive the income when the debt is canceled or paid. File 2008 taxes for free See Cancellation of Debt in chapter 3. File 2008 taxes for free Deferred payment contract. File 2008 taxes for free   If you sell an item under a deferred payment contract that calls for payment in a future year, there is no constructive receipt in the year of sale. File 2008 taxes for free However, if the sales contract states that you have the right to the proceeds of the sale from the buyer at any time after delivery of the item, then you must include the sales price in income in the year of the sale, regardless of when you actually receive payment. File 2008 taxes for free Example. File 2008 taxes for free You are a farmer who uses the cash method and a calendar tax year. File 2008 taxes for free You sell grain in December 2013 under a bona fide arm's-length contract that calls for payment in 2014. File 2008 taxes for free You include the proceeds from the sale in your 2014 gross income since that is the year payment is received. File 2008 taxes for free However, if the contract states that you have the right to the proceeds from the buyer at any time after the grain is delivered, you must include the sales price in your 2013 income, regardless of when you actually receive payment. File 2008 taxes for free Repayment of income. File 2008 taxes for free   If you include an amount in income and in a later year you have to repay all or part of it, then you can usually deduct the repayment in the year repaid. File 2008 taxes for free If the repayment is more than $3,000, a special rule applies. File 2008 taxes for free For details, see Repayments in chapter 11 of Publication 535, Business Expenses. File 2008 taxes for free Expenses Under the cash method, generally you deduct expenses in the tax year you pay them. File 2008 taxes for free This includes business expenses for which you contest liability. File 2008 taxes for free However, you may not be able to deduct an expense paid in advance or you may be required to capitalize certain costs, as explained under Uniform Capitalization Rules in chapter 6. File 2008 taxes for free See chapter 4 for information on how to deduct farm business expenses on your income tax return. File 2008 taxes for free Prepayment. File 2008 taxes for free   Generally, you cannot deduct expenses paid in advance. File 2008 taxes for free This rule applies to any expense paid far enough in advance to, in effect, create an asset with a useful life extending substantially beyond the end of the current tax year. File 2008 taxes for free Example. File 2008 taxes for free On November 1, 2013, you signed and paid $3,600 for a 3-year (36-month) insurance contract for equipment. File 2008 taxes for free In 2013, you are allowed to deduct only $200 (2/36 x $3,600) of the cost of the policy that is attributable to 2013. File 2008 taxes for free In 2014, you'll be able to deduct $1,200 (12/36 x $3,600); in 2015, you'll be able to deduct $1,200 (12/36 x $3,600); and in 2016 you'll be able to deduct the remaining balance of $1,000. File 2008 taxes for free An exception applies if the expense qualifies for the 12-month rule. File 2008 taxes for free See Publication 538 for more information and examples. File 2008 taxes for free See chapter 4 for special rules for prepaid farm supplies and prepaid livestock feed. File 2008 taxes for free Accrual Method Under an accrual method of accounting, you generally report income in the year earned and deduct or capitalize expenses in the year incurred. File 2008 taxes for free The purpose of an accrual method of accounting is to correctly match income and expenses. File 2008 taxes for free Certain businesses engaged in farming must use an accrual method of accounting for its farm business and for sales and purchases of inventory items. File 2008 taxes for free See Accrual Method Required and Farm Inventory , later. File 2008 taxes for free Income Generally, you include an amount in income for the tax year in which all events that fix your right to receive the income have occurred, and you can determine the amount with reasonable accuracy. File 2008 taxes for free Under this rule, include an amount in income on the earliest of the following dates. File 2008 taxes for free When you receive payment. File 2008 taxes for free When the income amount is due to you. File 2008 taxes for free When you earn the income. File 2008 taxes for free When title passes. File 2008 taxes for free If you use an accrual method of accounting, complete Part III of Schedule F (Form 1040) to report your income. File 2008 taxes for free Inventory. File 2008 taxes for free   If you keep an inventory, generally you must use an accrual method of accounting to determine your gross income. File 2008 taxes for free An inventory is necessary to clearly show income when the production, purchase, or sale of merchandise is an income-producing factor. File 2008 taxes for free See Publication 538 for more information. File 2008 taxes for free Also see Farm Inventory , later, for more information on items that must be included in inventory by farmers and inventory valuation methods for farmers. File 2008 taxes for free Expenses Under an accrual method of accounting, you generally deduct or capitalize a business expense when both of the following apply. File 2008 taxes for free The all-events test has been met. File 2008 taxes for free This test is met when: All events have occurred that fix the fact that you have a liability, and The amount of the liability can be determined with reasonable accuracy. File 2008 taxes for free Economic performance has occurred. File 2008 taxes for free Economic performance. File 2008 taxes for free   Generally, you cannot deduct or capitalize a business expense until economic performance occurs. File 2008 taxes for free If your expense is for property or services provided to you, or for your use of property, economic performance occurs as the property or services are provided or as the property is used. File 2008 taxes for free If your expense is for property or services you provide to others, economic performance occurs as you provide the property or services. File 2008 taxes for free Example. File 2008 taxes for free Jane, who is a farmer, uses a calendar tax year and an accrual method of accounting. File 2008 taxes for free She entered into a contract with ABC Farm Consulting in 2012. File 2008 taxes for free The contract stated that Jane pay ABC Farm Consulting $2,000 in December 2012. File 2008 taxes for free It further stipulates that ABC Farm Consulting will develop a plan for integrating her farm with a larger farm operation based in a neighboring state by March 1, 2013. File 2008 taxes for free Jane paid ABC Farm Consulting $2,000 in December 2012. File 2008 taxes for free Integration of operations according to the plan began in May 2013 and they completed the integration in December 2013. File 2008 taxes for free Economic performance for Jane's liability in the contract occurs as the services are provided. File 2008 taxes for free Jane incurs the $2,000 cost in 2013. File 2008 taxes for free An exception to the economic performance rule allows certain recurring items to be treated as incurred during a tax year even though economic performance has not occurred. File 2008 taxes for free For more information, see Economic Performance in Publication 538. File 2008 taxes for free Special rule for related persons. File 2008 taxes for free   Business expenses and interest owed to a related person who uses the cash method of accounting are not deductible until you make the payment and the corresponding amount is includible in the related person's gross income. File 2008 taxes for free Determine the relationship for this rule as of the end of the tax year for which the expense or interest would otherwise be deductible. File 2008 taxes for free For more information, see Internal Revenue Code section 267. File 2008 taxes for free Accrual Method Required Generally, the following businesses, if engaged in farming, must use an accrual method of accounting. File 2008 taxes for free A corporation (other than a family corporation) that had gross receipts of more than $1,000,000 for any tax year beginning after 1975. File 2008 taxes for free A family corporation that had gross receipts of more than $25,000,000 for any tax year beginning after 1985. File 2008 taxes for free A partnership with a corporation as a partner, if that corporation meets the requirements of (1) or (2) above. File 2008 taxes for free A tax shelter. File 2008 taxes for free Note. File 2008 taxes for free Items (1), (2), and (3) above do not apply to an S corporation or a business operating a nursery or sod farm, or the raising or harvesting of trees (other than fruit and nut trees). File 2008 taxes for free Family corporation. File 2008 taxes for free   A family corporation is generally a corporation that meets one of the following ownership requirements. File 2008 taxes for free Members of the same family own at least 50% of the total combined voting power of all classes of stock entitled to vote and at least 50% of the total shares of all other classes of stock of the corporation. File 2008 taxes for free Members of two families have owned, directly or indirectly, since October 4, 1976, at least 65% of the total combined voting power of all classes of voting stock and at least 65% of the total shares of all other classes of the corporation's stock. File 2008 taxes for free Members of three families have owned, directly or indirectly, since October 4, 1976, at least 50% of the total combined voting power of all classes of voting stock and at least 50% of the total shares of all other classes of the corporation's stock. File 2008 taxes for free For more information on family corporations, see Internal Revenue Code section 447. File 2008 taxes for free Tax shelter. File 2008 taxes for free   A tax shelter is a partnership, noncorporate enterprise, or S corporation that meets either of the following tests. File 2008 taxes for free Its principal purpose is the avoidance or evasion of federal income tax. File 2008 taxes for free It is a farming syndicate. File 2008 taxes for free A farming syndicate is an entity that meets either of the following tests. File 2008 taxes for free Interests in the activity have been offered for sale in an offering required to be registered with a federal or state agency with the authority to regulate the offering of securities for sale. File 2008 taxes for free More than 35% of the losses during the tax year are allocable to limited partners or limited entrepreneurs. File 2008 taxes for free   A “limited partner” is one whose personal liability for partnership debts is limited to the money or other property the partner contributed or is required to contribute to the partnership. File 2008 taxes for free   A “limited entrepreneur” is one who has an interest in an enterprise other than as a limited partner and does not actively participate in the management of the enterprise. File 2008 taxes for free Farm Inventory If you are required to keep an inventory, you should keep a complete record of your inventory as part of your farm records. File 2008 taxes for free This record should show the actual count or measurement of the inventory. File 2008 taxes for free It should also show all factors that enter into its valuation, including quality and weight, if applicable. File 2008 taxes for free Hatchery business. File 2008 taxes for free   If you are in the hatchery business, and use an accrual method of accounting, you must include in inventory eggs in the process of incubation. File 2008 taxes for free Products held for sale. File 2008 taxes for free   All harvested and purchased farm products held for sale or for feed or seed, such as grain, hay, silage, concentrates, cotton, tobacco, etc. File 2008 taxes for free , must be included in inventory. File 2008 taxes for free Supplies. File 2008 taxes for free   Supplies acquired for sale or that become a physical part of items held for sale must be included in inventory. File 2008 taxes for free Deduct the cost of supplies in the year used or consumed in operations. File 2008 taxes for free Do not include incidental supplies in inventory as these are deductible in the year of purchase. File 2008 taxes for free Livestock. File 2008 taxes for free   Livestock held primarily for sale must be included in inventory. File 2008 taxes for free Livestock held for draft, breeding, or dairy purposes can either be depreciated or included in inventory. File 2008 taxes for free See also Unit-livestock-price method , later. File 2008 taxes for free If you are in the business of breeding and raising chinchillas, mink, foxes, or other fur-bearing animals, these animals are livestock for inventory purposes. File 2008 taxes for free Growing crops. File 2008 taxes for free   Generally, growing crops are not required to be included in inventory. File 2008 taxes for free However, if the crop has a preproductive period of more than 2 years, you may have to capitalize (or include in inventory) costs associated with the crop. File 2008 taxes for free See Uniform capitalization rules below. File 2008 taxes for free Also see Uniform Capitalization Rules in  chapter 6. File 2008 taxes for free Items to include in inventory. File 2008 taxes for free   Your inventory should include all items held for sale, or for use as feed, seed, etc. File 2008 taxes for free , whether raised or purchased, that are unsold at the end of the year. File 2008 taxes for free Uniform capitalization rules. File 2008 taxes for free   The following applies if you are required to use an accrual method of accounting. File 2008 taxes for free The uniform capitalization rules apply to all costs of raising a plant, even if the preproductive period of raising a plant is 2 years or less. File 2008 taxes for free The costs of animals are subject to the uniform capitalization rules. File 2008 taxes for free Inventory valuation methods. File 2008 taxes for free   The following methods, described below, are those generally available for valuing inventory. File 2008 taxes for free The method you use must conform to generally accepted accounting principles for similar businesses and must clearly reflect income. File 2008 taxes for free Cost. File 2008 taxes for free Lower of cost or market. File 2008 taxes for free Farm-price method. File 2008 taxes for free Unit-livestock-price method. File 2008 taxes for free Cost and lower of cost or market methods. File 2008 taxes for free   See Publication 538 for information on these valuation methods. File 2008 taxes for free If you value your livestock inventory at cost or the lower of cost or market, you do not need IRS approval to change to the unit-livestock-price method. File 2008 taxes for free However, if you value your livestock inventory using the farm-price method, then you must obtain permission from the IRS to change to the unit-livestock-price method. File 2008 taxes for free Farm-price method. File 2008 taxes for free   Under this method, each item, whether raised or purchased, is valued at its market price less the direct cost of disposition. File 2008 taxes for free Market price is the current price at the nearest market in the quantities you usually sell. File 2008 taxes for free Cost of disposition includes broker's commissions, freight, hauling to market, and other marketing costs. File 2008 taxes for free If you use this method, you must use it for your entire inventory, except that livestock can be inventoried under the unit-livestock-price method. File 2008 taxes for free Unit-livestock-price method. File 2008 taxes for free   This method recognizes the difficulty of establishing the exact costs of producing and raising each animal. File 2008 taxes for free You group or classify livestock according to type and age and use a standard unit price for each animal within a class or group. File 2008 taxes for free The unit price you assign should reasonably approximate the normal costs incurred in producing the animals in such classes. File 2008 taxes for free Unit prices and classifications are subject to approval by the IRS on examination of your return. File 2008 taxes for free You must annually reevaluate your unit livestock prices and adjust the prices upward or downward to reflect increases or decreases in the costs of raising livestock. File 2008 taxes for free IRS approval is not required for these adjustments. File 2008 taxes for free Any other changes in unit prices or classifications do require IRS approval. File 2008 taxes for free   If you use this method, include all raised livestock in inventory, regardless of whether they are held for sale or for draft, breeding, sport, or dairy purposes. File 2008 taxes for free This method accounts only for the increase in cost of raising an animal to maturity. File 2008 taxes for free It does not provide for any decrease in the animal's market value after it reaches maturity. File 2008 taxes for free Also, if you raise cattle, you are not required to inventory hay you grow to feed your herd. File 2008 taxes for free   Do not include sold or lost animals in the year-end inventory. File 2008 taxes for free If your records do not show which animals were sold or lost, treat the first animals acquired as sold or lost. File 2008 taxes for free The animals on hand at the end of the year are considered those most recently acquired. File 2008 taxes for free   You must include in inventory all livestock purchased primarily for sale. File 2008 taxes for free You can choose either to include in inventory or depreciate livestock purchased for draft, breeding, sport or dairy purposes. File 2008 taxes for free However, you must be consistent from year to year, regardless of the method you have chosen. File 2008 taxes for free You cannot change your method without obtaining approval from the IRS. File 2008 taxes for free   You must include in inventory animals purchased after maturity or capitalize them at their purchase price. File 2008 taxes for free If the animals are not mature at purchase, increase the cost at the end of each tax year according to the established unit price. File 2008 taxes for free However, in the year of purchase, do not increase the cost of any animal purchased during the last 6 months of the year. File 2008 taxes for free This “no increase” rule does not apply to tax shelters which must make an adjustment for any animal purchased during the year. File 2008 taxes for free It also does not apply to taxpayers that must make an adjustment to reasonably reflect the particular period in the year in which animals are purchased, if necessary to avoid significant distortions in income. File 2008 taxes for free Uniform capitalization rules. File 2008 taxes for free   A farmer can determine costs required to be allocated under the uniform capitalization rules by using the farm-price or unit-livestock-price inventory method. File 2008 taxes for free This applies to any plant or animal, even if the farmer does not hold or treat the plant or animal as inventory property. File 2008 taxes for free Cash Versus Accrual Method The following examples compare the cash and accrual methods of accounting. File 2008 taxes for free Example 1. File 2008 taxes for free You are a farmer who uses an accrual method of accounting. File 2008 taxes for free You keep your books on the calendar year basis. File 2008 taxes for free You sell grain in December 2013 but you are not paid until January 2014. File 2008 taxes for free Because the accrual method was used and 2013 was the tax year in which the grain was sold, you must both include the sales proceeds and deduct the costs incurred in producing the grain on your 2013 tax return. File 2008 taxes for free Example 2. File 2008 taxes for free Assume the same facts as in Example 1 except that you use the cash method and there was no constructive receipt of the sales proceeds in 2013. File 2008 taxes for free Under this method, you include the sales proceeds in income for 2014, the year you receive payment. File 2008 taxes for free Deduct the costs of producing the grain in the year you pay for them. File 2008 taxes for free Special Methods of Accounting There are special methods of accounting for certain items of income and expense. File 2008 taxes for free Crop method. File 2008 taxes for free   If you do not harvest and dispose of your crop in the same tax year that you plant it, you can, with IRS approval, use the crop method of accounting. File 2008 taxes for free You cannot use the crop method for any tax return, including your first tax return, unless you receive approval from the IRS. File 2008 taxes for free Under this method, you deduct the entire cost of producing the crop, including the expense of seed or young plants, in the year you realize income from the crop. File 2008 taxes for free    See chapter 4 for details on deducting the costs of operating a farm. File 2008 taxes for free Also see Regulations section 1. File 2008 taxes for free 162-12. File 2008 taxes for free Other special methods. File 2008 taxes for free   Other special methods of accounting apply to the following items. File 2008 taxes for free Amortization, see chapter 7. File 2008 taxes for free Casualties, see chapter 11. File 2008 taxes for free Condemnations, see chapter 11. File 2008 taxes for free Depletion, see chapter 7. File 2008 taxes for free Depreciation, see chapter 7. File 2008 taxes for free Farm business expenses, see chapter 4. File 2008 taxes for free Farm income, see chapter 3. File 2008 taxes for free Installment sales, see chapter 10. File 2008 taxes for free Soil and water conservation expenses, see chapter 5. File 2008 taxes for free Thefts, see chapter 11. File 2008 taxes for free Combination Method Generally, you can use any combination of cash, accrual, and special methods of accounting if the combination clearly shows your income and expenses and you use it consistently. File 2008 taxes for free However, the following restrictions apply. File 2008 taxes for free If you use the cash method for figuring your income, you must use the cash method for reporting your expenses. File 2008 taxes for free If you use an accrual method for reporting your expenses, you must use an accrual method for figuring your income. File 2008 taxes for free Changes in Methods of Accounting A change in your method of accounting includes a change in: Your overall method, such as from the cash method to an accrual method, and Your treatment of any material item, such as a change in your method of valuing inventory (for example, a change from the farm-price method to the unit-livestock-price method, discussed earlier). File 2008 taxes for free Generally, once you have set up your accounting method, you must receive approval from the IRS before you can change to another method of accounting. File 2008 taxes for free You may also have to pay a fee. File 2008 taxes for free To obtain approval, you must generally file Form 3115. File 2008 taxes for free There are instances when you can obtain automatic consent to change certain methods of accounting. File 2008 taxes for free See the List of Automatic Accounting Method Changes located in the Instructions for Form 3115. File 2008 taxes for free For more information on changes in methods of accounting, see Form 3115 and the Instructions for Form 3115. File 2008 taxes for free Also see Publication 538. File 2008 taxes for free Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Procurement At-a-Glance

Mission:

Our dedicated acquisition professionals deliver world class, customer-focused acquisition services with the highest degree of integrity and the cooperative effort of our partners.

Vision:

Our vision is to be the best acquisition organization in the Federal Government--best people, best practices, best performance.

Strategic Priorities:

  •  TO BE THE ACQUISITION SERVICES PROVIDER OF CHOICE for all of the IRS and Department of the Treasury to fulfill mission requirements. (Customer Perspective)
  • TO OBTAIN, TRAIN AND RETAIN THE BEST PEOPLE to provide world-class customer-focused acquisition services to fulfill mission needs. (Employee Perspective)
  • TO HAVE THE BEST AND THEN CONTINUALLY IMPROVE OUR BUSINESS PROCESSES to enhance our employee's ability to provide world-class customer-focused acquisition services that fulfill mission requirements. (Business Process Perspective)
  • TO BE THE BEST ACQUISITION ORGANIZATION IN THE FEDERAL GOVERNMENT in providing world-class customer-focused acquisition services that fulfill mission requirements. (Business Results Perspective)

Headquarters:

Oxon Hill, MD
Phone: 240-613-8500

Management Team:

Jake Hansen, Director, Procurement
Angie Sweitzer, Deputy Director, Procurement
       Mary Killion, Chief, Workforce Management & Support Services
Joe Gregory, Director, Office of Business Operations
      Cindy Lynn, Deputy Director, Office of Business Operations
      Anthony (Tony) McCoy, Chief, Field Operations Branch, Midstates Area
      Peter DiNicola, Chief, Field Operations Branch, Northeast Area
      Dotti Hunter, Chief, Field Operations Branch, Southeast Area
      Vacant, Chief, Field Operations Branch, Western Area
Michael Crawford, Director, Office of Electronic Procurement
Bobby McCane, Director, Office of Information Technology (IT) Acquisition
      Tyuana Bailey, Deputy Director, Office of Information Technology (IT) Acquisition
           IT Services and PRIME Contract Support
      Patrick Bergin, Deputy Director, Office of Information Technology (IT)
           Acquisition, Enterprise Networks and Tier Systems Support                            
Barry Kearns, Director, Office of Procurement Policy
Chris Rodgers, Director, Office of Strategic Acquisition Initiatives
Jeff Jackson, Director, Office of Treasury Procurement Services

 


Questions about the Procurement information on this site, please contact the webmaster.
 Contact the Office of Procurement for other Procurement related questions.

Page Last Reviewed or Updated: 05-Dec-2013

The File 2008 Taxes For Free

File 2008 taxes for free Part Six -   Figuring Your Taxes and Credits The eight chapters in this part explain how to figure your tax and how to figure the tax of certain children who have more than $2,000 of unearned income. File 2008 taxes for free They also discuss tax credits that, unlike deductions, are subtracted directly from your tax and reduce your tax dollar for dollar. File 2008 taxes for free Chapter 36 discusses the earned income credit. File 2008 taxes for free Chapter 37 discusses a wide variety of other credits, such as the adoption credit. File 2008 taxes for free Table of Contents 30. File 2008 taxes for free   How To Figure Your TaxIntroduction Figuring Your Tax Alternative Minimum Tax (AMT) Tax Figured by IRSFiling the Return 31. File 2008 taxes for free   Tax on Unearned Income of Certain ChildrenWhat's New Introduction Useful Items - You may want to see: Which Parent's Return To UseParents Who Do Not File a Joint Return Parent's Election To Report Child's Interest and DividendsEffect of Making the Election Figuring Child's Income Figuring Additional Tax Tax for Certain Children Who Have Unearned IncomeProviding Parental Information (Form 8615, lines A–C) Step 1. File 2008 taxes for free Figuring the Child's Net Unearned Income (Form 8615, Part I) Step 2. File 2008 taxes for free Figuring Tentative Tax at the Parent's Tax Rate (Form 8615, Part II) Step 3. File 2008 taxes for free Figuring the Child's Tax (Form 8615, Part III) 32. File 2008 taxes for free   Child and Dependent Care CreditReminders Introduction Useful Items - You may want to see: Tests To Claim the CreditQualifying Person Test Earned Income Test Work-Related Expense Test Joint Return Test Provider Identification Test How To Figure the CreditFiguring Total Work-Related Expenses Earned Income Limit Dollar Limit Amount of Credit How To Claim the CreditTax credit not refundable. File 2008 taxes for free Employment Taxes for Household Employers 33. File 2008 taxes for free   Credit for the Elderly or the DisabledIntroduction Useful Items - You may want to see: Are You Eligible for the Credit?Qualified Individual Income Limits How to Claim the CreditCredit Figured for You Credit Figured by You 34. File 2008 taxes for free   Child Tax CreditIntroduction Useful Items - You may want to see: Qualifying Child Amount of CreditLimits on the Credit Claiming the Credit Additional Child Tax Credit Completing Schedule 8812 (Form 1040A or 1040)Part I Parts II–IV 35. File 2008 taxes for free   Education CreditsIntroduction Useful Items - You may want to see: Who Can Claim an Education Credit Qualified Education ExpensesNo Double Benefit Allowed Adjustments to Qualified Education Expenses 36. File 2008 taxes for free   Earned Income Credit (EIC)What's New Reminders Introduction Useful Items - You may want to see: Do You Qualify for the Credit?If Improper Claim Made in Prior Year Part A. File 2008 taxes for free Rules for EveryoneRule 1. File 2008 taxes for free Your AGI Must Be Less Than: Rule 2. File 2008 taxes for free You Must Have a Valid Social Security Number (SSN) Rule 3. File 2008 taxes for free Your Filing Status Cannot Be Married Filing Separately Rule 4. File 2008 taxes for free You Must Be a U. File 2008 taxes for free S. File 2008 taxes for free Citizen or Resident Alien All Year Rule 5. File 2008 taxes for free You Cannot File Form 2555 or Form 2555-EZ Rule 6. File 2008 taxes for free Your Investment Income Must Be $3,300 or Less Rule 7. File 2008 taxes for free You Must Have Earned Income Part B. File 2008 taxes for free Rules If You Have a Qualifying ChildRule 8. File 2008 taxes for free Your Child Must Meet the Relationship, Age, Residency, and Joint Return Tests Rule 9. File 2008 taxes for free Your Qualifying Child Cannot Be Used By More Than One Person To Claim the EIC Rule 10. File 2008 taxes for free You Cannot Be a Qualifying Child of Another Taxpayer Part C. File 2008 taxes for free Rules If You Do Not Have a Qualifying ChildRule 11. File 2008 taxes for free You Must Be at Least Age 25 but Under Age 65 Rule 12. File 2008 taxes for free You Cannot Be the Dependent of Another Person Rule 13. File 2008 taxes for free You Cannot Be a Qualifying Child of Another Taxpayer Rule 14. File 2008 taxes for free You Must Have Lived in the United States More Than Half of the Year Part D. File 2008 taxes for free Figuring and Claiming the EICRule 15. File 2008 taxes for free Your Earned Income Must Be Less Than: IRS Will Figure the EIC for You How To Figure the EIC Yourself ExamplesExample 1. File 2008 taxes for free John and Janet Smith (Form 1040A) Example 2. File 2008 taxes for free Kelly Green (Form 1040EZ) 37. File 2008 taxes for free   Other CreditsWhat's New Introduction Useful Items - You may want to see: Nonrefundable CreditsAdoption Credit Alternative Motor Vehicle Credit Alternative Fuel Vehicle Refueling Property Credit Credit to Holders of Tax Credit Bonds Foreign Tax Credit Mortgage Interest Credit Nonrefundable Credit for Prior Year Minimum Tax Plug-in Electric Drive Motor Vehicle Credit Residential Energy Credits Retirement Savings Contributions Credit (Saver's Credit) Refundable CreditsCredit for Tax on Undistributed Capital Gain Health Coverage Tax Credit Credit for Excess Social Security Tax or Railroad Retirement Tax Withheld Prev  Up  Next   Home   More Online Publications