Tax tip for professional golfer Phil Mickelson: Ask sponsor KPMG for help
Fiscal cliff tax provision could help stem fraudulent refund claims by prisoners

Tax Carnival #111: Countdown to Filing

We're inching closer to the start of the filing season. This 111th Tax Carnival: Countdown to Filing offers some tips for getting 2012 tax returns to the Internal Revenue Service, which will finally accept them at the end of the month.

Tax_April_15_DeadlineSince tax filing is all about deadlines, we start with Tax Carnivalista reminders of calendar notations we need to make this year.

Bill Smith provides the details of the delayed start of this filing season in Processing of Tax Returns to Begin on January 30. It's posted at 2011 Tax.

Jeff Rose reminds us that taxpayers have until Monday, April 15, to make their 2012 IRA contributions. Details are at IRA Contribution Deadline, posted at Good Financial Cents. 

Brian McKay has good news for homeowners in difficult situations. Those facing a foreclosure, a short sale or reduced loan principal by their lender will still get a tax break this year. He explains in Mortgage Debt Cancellation Relief Extended Until December 31, 2013, posted at RatesORama.

Michael Kitces points out that amongst the various tax extenders included in the American Taxpayer Relief Act of 2012 (ATRA) was the reinstatement of rules allowing retirees to make a Qualified Charitable Distribution (QCD) from an IRA. But because the legislation was not enacted until after 2012 ended, Congress offers two special rules for those who are charitably inclined, but only through Jan. 31. Get the scoop at Special 2012 Lookback Rules To Make A Qualified Charitable Distribution (QCD) From An IRA In 2013, posted at Nerd's Eye View.

Gold nest egg with coinsA couple of other Tax Carnival contributors also focused on tax-advantaged retirement plans.

Super Saver looks at the increased 2013 IRA Contribution Limit. It's posted at My Wealth Builder.

Rohit says saving for retirement can be a big challenge. The many available retirement saving options often make it difficult to decide which one to choose. Find out about one popular option, the Roth IRA. It's posted at The Money Mail.

While U.S. taxpayers are consumed with filing 2012 returns and getting a grip on the new 2013 rules, one Tax Carnivalista reminds us that taxes are much the same worldwide.

Swapnil presents an entertaining FAQs of the Tax Structure in India, posted at Share Market.

Returning stateside, another contributor confesses her personal payroll tax oversight.

Emily says that grad students working toward their degrees don't pay payroll taxes, something that for five years she had not noticed on her own academic pay stub. She explains in Egg on My Face: Grad Students and Payroll Taxes, posted at Evolving Personal Finance.

1040_calculatorMike Collins has important info for this year's taxes: 2013 Federal Income Tax Brackets and how to calculate your actual effective tax rate. It's posted at Wealthy Turtle.

Robert D Flach spent some time reviewing a recent Treasury Inspector General for Tax Administration report that found "Taxpayers Don't Comply With Reporting Requirements for Noncash Charitable Contributions." In light of that report, he gives us the Rules for Deducting Non-Cash Contributions, posted at The Wandering Tax Pro.

Neal Frankle notes that mutual fund owners often are frustrated by the seemingly convoluted way they are taxed. To help ease some of that concern, he presents Taxes and Mutual Funds - In Plain English, posted at Wealth Pilgrim.

Marco Flores has a warning for taxpayers: There are circling vultures waiting to prey on those who are weakened by the threat of IRS action. He discussed the Top 4 Tax Relief Scams You Need to Know , posted at Optima Tax Relief.

Madison looks at the second most popular question asked by taxpayers: How Long Does it Take to Get Your Tax Refund Back? Details are at My Dollar Plan.

So what's the first taxpayer question every filing season? How much is my refund?

And with that, we wrap up Tax Carnival #111: Countdown to Filling.

Tax carnival iconThanks to all the contributors and especially to all y'all for reading. And thanks also for your patience with this slightly later than planned Tax Carnival. I promise to do my best to do better and meet the planned posting dates for the rest of the 2013 filing season carnivals.

The next carnival will be Feb. 4. Be a part of that collection of tax posts (and tax-only items please; the guidelines page has details) by sending your item via the Carnival of Taxes submission page.

Social media fans can send Tax Carnival posts via Twitter (I'm @taxtweet; please use hashtag #TC112) or post them on Don't Mess With Taxes' Facebook wall.

Or if you prefer email, send your tax blog item to me at


Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.