What was the maximum earned income tax credit for 2015?
Earned Income Tax Credit (EITC). For 2015, the maximum EITC amount available is $3,359 for taxpayers filing jointly with one child; $5,548 for two children; $6,242 for three or more children (up from $6,143 in 2014) and $503 for no children.
When does e-file end for 2015 tax returns?
When Does E-File End for 2015 Tax Returns? The e-file deadline was October 17th, 2016 for 2015 tax returns. Do you happen to be reading this after the deadline mentioned above?
What was the personal exemption amount for 2015?
Keep in mind that the floor for medical expenses remains 10% of adjusted gross income (AGI) for most taxpayers. Taxpayers over the age of 65 may still use the 7.5% through 2016. The personal exemption amount for 2015 is $4,000, up from $3,950 in 2014.
Do you have to paper file your 2015 tax return?
No worries. You can still file your 2015 tax return. You’ll just need to paper file it instead. How to prepare and paper file your 2015 tax return online? Sure, the e-file season for 2015 is over. You’re not completely out of luck. You can still prepare your tax return as you normally would.
Source: Author’s calculations. 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.
What was the maximum AMT exemption for 2015?
The AMT exemption amount for 2015 is $53,600 for singles and $83,400 for married couple filing jointly (Table 5). Source: Author’s calculations. 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).
What was the standard deduction for 2015 income tax?
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
Do you get a tax refund 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.