Estimated Tax Central » Estimated Tax 101

2010 Estimated Taxes and the End of Personal Exemption and Itemized Deduction Phaseouts

Ryan Thompson — Thu, 11 Feb 2010 16:05:16 +0000

Today is our last post in our recent series of posts highlighting the changes in estimated taxes for 2010. I hope this has been informative for you. April 15, the next estimated tax deadline, will be here before you know it.

Our topic for this post is personal exemption and itemized deduction phaseouts.

According to the IRS, for 2010, taxpayers with an Adjusted Gross Income (AGI) above a certain amount ... Read more >>

2010 Estimated Taxes and Expiring Tax Benefits

Ryan Thompson — Sun, 07 Feb 2010 16:05:21 +0000

As we get closer to the next quarterly estimated tax deadline of April 15, we continue our series of posts to the changes in estimated taxes for 2010.

Today’s topic covers the series of tax benefits that are, according to the IRS, scheduled to expire and won’t be available in 2010. These include,

Deduction for educator expenses in figuring Adjusted Gross Income (AGI).
Tuition an... Read more >>

2010 Estimated Taxes and Roth IRA Conversions

Ryan Thompson — Fri, 05 Feb 2010 16:05:57 +0000

Our series of posts about the changes to estimated taxes for 2010 continues. Our topic for today is Roth IRA conversions.

According to the IRS, beginning in 2010, the modified Adjusted Gross Income (AGI) and filing status requirements for conversions to Roth IRAs are eliminated.

The IRS adds that for any conversions in 2010, any amounts that would be included as income will be included in income in equal amounts in 20... Read more >>

2010 Estimated Taxes and Roth IRAs

Ryan Thompson — Wed, 03 Feb 2010 16:05:10 +0000

Our series of posts about the changes to estimated taxes for 2010 continues.

Today’s topic is the Roth IRA income limit.

According to the IRS, you may be able to make a Roth IRA contribution if your modified AGI is less than $120,000 ($177,000 if you are married filing jointly).

2010 Estimated Taxes and IRA Deductions

Ryan Thompson — Mon, 01 Feb 2010 16:05:59 +0000

Hard to believe it’s February already!

We continue today with our series of posts about the changes to estimated taxes for 2010. In case you haven’t been following the blog lately, we’ve been covering the things the IRS suggests you keep in mind for 2010 estimated tax payments.

Today’s topic is IRA deductions.

According to the IRS, you may be able to take an I... Read more >>