Sunday, September 28, 2008

Another Tax Tip

I had my first quiz on Thursday and I got 100%!!!! I also completed my first North Carolina state tax return...by pencil! I made one small mistake that ruined the entire return, but I found it and fixed it.

Here's a little tax tip:

In the unfortunate event that your spouse passes away, you will file Married Filing Jointly (as long as you met the requirements for MFJ the previous year) for that year. 2 years after that, you are able to file as a Qualifying Widow(er) as long as you have a Qualifying Child. Don't ask me to explain what is a qualifying child/relative. I had total brain lock up the night we discussed it!!!!! Shew!!!

I'm still enjoying the class and am learning more than I ever thought I would.

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