already filed to make sure you got back all the money you deserved. people miss lucrative deductions like the child tax credit, child care credit, dependent care credit, nieces, uncles, aunts, even job hunting costs are applicable against your 2010 filing return. remember there is nothing wrong with avoiding taxes, gregg. as long as you don t evade taxes. that is the key. gregg: yeah, because i know couple of guys who are in the pokey or as shep would say the hoosegow over that one. don t want to do that. mitt romney said pay all the taxes you eand spot not a dime more. gregg: john roberts. thanks a lot. jenna: friends of yours in the pokey? gregg: yeah a couple of them. they re still there. all right, nobody likes paying taxes but it turns out there are different reasons the tax bug is on us. we asked in a recent fox news poll, what bothers you the most about paying taxes.
threshold and not realize they can file a return and claim a refun or if they made estimated payments they can get those back. in addition to students, people are also owed money, retired americans, low-income workers, people who didn t claim the earned income tax credit. you can have that even if you didn t have a tax liability and that s up to $5,000. you have a little more than 24 hours to fill out and file a return because the irs isn t going to call you up and say, you have a lot of money here. come down and claim it. there are a lot of resources online at irs.gov for free tax filing software. if you get somebody to prepare your taxes that will cost you a couple hundred dollars. bus the average refund is above 500 you ll probably get money back and you ll go become and make sure you get everything you deserve in 2010, including the child tax decreed, depep department care credit, any blood telltive, education expenses, medical expenses, job-hunting costs. it s absolutely legal t
some people miss the child tax credit or dependent care credit. and that applies to mom and daughter and son. and educational and job hunting costs. and remember, and keep this in mind. there is no penalty and if you are owed money. if you do owe money that is different. 760 million is left on the table. that is nothing for 2013 that could top a billion dollars. tweep now and midnight tomorrow. fill out the returns. every dollar counts. john roberts thank you for that. and out coming hss secretary kathleen sebelius speaking out. the timing of the departure is called in question. and the new phase for looking
first one is earned income tax. it was extended as part of the fiscal cliff year for another five years. one out of 5 taxpayer miss this break. how much it is worth will depend on your marital status income and how many kids you have. average tax payer who claims it it is worth a couple thousand dollars. it could be 6,000 if you have 3 or more qualifying children. the irs on the site has earned income tax credit assistance. so if you are unemployed you can deduct job hunting costs. sometimes. if you look for a job in the same line of work in 2012 and if you itemize your return you can lump all of the costs together transportation costs to and from the interview resume cost career counseling but they have to exceed 2 percent of yaur adjust your adjusted gross income. pretty easy to clear if you don t have any income in 2012.
owes money. is there a loophole he wants to know. a lot of people didn t have enough withheld, maybe he can tally job-hunting costs. costs of resume and being on monster.com, things like that. maybe he went out to take a class to get in the workforce gains, the college deduction. maybe that is the angle he can take to wipe out the bill jenna: a lot of questions about mortgage deduction, what is going to happen to the mortgage deduction in the future. absolutely take it this year. the average mortgage deduction is generally around $10,000. it s a big deduction for a lot of people but makes it prime for the taking because that is money back that they won t have to give back to us. they are talking about take being it away, can t imagine it happening politically jenna: patricia wants to know about the flat tax. every time this time of year it seems come com complicated.