FilingStatus

In their mad dash toward the Form 1040 finish line, late taxpayers often make costly errors. If you're among those last-minute tax filers, first, take a breath. Then take note of these common filing mistakes to avoid.

In 2009, more than 141 million individual tax returns were filed with the IRS -- representing just under half of all households in the U.S. Clearly, not all households or people believe they must file a federal income tax return. So, who exactly has to file a return? If you're a U.S. citizen or...

For tax purposes, your status on December 31 is the status you use to file your tax return. So if you got married in December, you will file your taxes for 2007 as Married. The same goes for those in the process of divorce - if you got divorced during 2007, you will file your 2007 taxes as...