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Tax Tips: An Extra Weekend to File, But Several Credits Expiring
ResumeThanks to a holiday in DC on Friday the 15th, tax returns are due on the 18th of April. But even with an extra weekend, it's not too early to start thinking about tax forms.
Tax breaks on unemployment benefits are expiring, and for people who don't itemize, three temporary standard deductions--for property taxes, taxes paid for new car purchases, and disaster losses--are gone.
We have the details with Andrea Coombes, personal finance editor at MarketWatch and the Wall Street Journal.
- IRS.gov: Tax tips for 2011
- Marketwatch: Tax changes to watch for on 2010 returns
- Marketwatch: Tax deductions with big payouts
This segment aired on March 15, 2011.