Adapted from MU Office for Financial Success Tip of the Week blog post by Andrew Zumwalt, Assistant Extension Professor & Associate State Specialist, Personal Financial Planning, University of Missouri Extension
We would typically discuss changes to the tax code, but 2014 is very similar to 2013 with the slight addition of the Affordable Care Act. With no major changes to cover, here are some old tips and new tips for the current tax season.
The tips cover the following topics:
- Affordable Care Act Quick Summary
- Use a Volunteer Income Tax Assistance (VITA) site or Tax Counseling for the Elderly (TCE) site
- File a tax return even if you are not required to
- Collect your tax documents in one place
- Never spend your refund before it arrives
- If choosing Direct Deposit, triple check your routing and account number
- Your public pension may not be taxed in MO
Don’t miss out on the important information provided on these topics — see the full version of this article at http://missourifamilies.org/
