You have reached your limit of free articles this month.

Enjoy unlimited access to SpringfieldNewsSun.com

Starting at just 99¢ for 8 weeks.

GREAT REASONS TO SUBSCRIBE TODAY!

  • IN-DEPTH REPORTING
  • INTERACTIVE STORYTELLING
  • NEW TOPICS & COVERAGE
  • ePAPER
X

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.

X

Welcome to SpringfieldNewsSun.com

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

breaking news

UPDATE: Child inside home when woman killed

Free tax prep for military, civilians


As we approach tax season, TurboTax is offering free simple tax prep for military personnel.

E1s through E5s get free federal and state for a limited time. Kudos too to TurboTax for writing additional software that addresses the unique tax situations facing our brave men and women in uniform.

Meanwhile, for civilians the IRS Free File program will offer links to free tax prep software online beginning Jan. 30.

In prior years, any taxpayer could use the IRS free tax prep. Then strict income limits went in place recently to prevent those who made higher incomes from using it. We’ll have to wait and see where they set the adjusted gross income cutoff this year.

One special warning for those anticipating a refund: Many state legislatures are doing rip-off programs where they issue your refund on a debit card if you live in a state with a state income tax. You may have to pay fees to get at your own money from your own refund. It’s disgusting and despicable, considering that it’s your money that you made an unfortunate interest-free loan of to your state all year.

I want you to opt opt of receiving your refund on a debit card and get a paper check or direct deposit instead.

Finally, never do a refund loan. The effective interest rate you pay is typically somewhere around 600 percent. And besides, if you set up direct deposit for your refund, you’ll get it in little more than a week. Why would you pay 600 percent interest just to get your money in three days instead of seven or eight days?!



Reader Comments ...


Next Up in

Take a look at your landscape for decorating ideas
Take a look at your landscape for decorating ideas
Police officer mans Salvation Army kettle, shows off dance moves
Police officer mans Salvation Army kettle, shows off dance moves
He's got the moves to serve and protect. But a police officer in Cleveland, Tennessee, used some other moves to help raise money for the local chapter of the Salvation Army.
Someone put up a ‘satanic display’ in Boca Raton
Someone put up a ‘satanic display’ in Boca Raton
A “satanic display” of a pentagram with a nearby banner and sign were placed in Sanborn Square in Boca Raton, Florida, overnight and are causing a stir in the surrounding faith community, according to a local church.
Christmas in the Village is in third decade
If it takes a village to raise the Christmas spirit, one area town has had it covered for more than 30 years.
Food for body and soul
Each traditional holiday dish has a fascinating history. Our beloved green bean and mushroom soup casserole topped with French fried onions, for example, was created by Dorcus Reilly, a Campbell Soup Company employee, in 1955.
More Stories