We are less than 10 days away from the final day to file both state and federal income taxes. All taxpayers in the state of Maryland are scrambling to find the forms they need and many will look for the Maryland Printable individual income tax return form 502 or 502B. Luckily, marylandtaxes.com offers all needed forms for free online. For all forms that are needed to file Federal income taxes bookmark the following page: Federal IRS Tax Forms.
Here are the more commonly used tax forms for Maryland residents:
Make a mental note that these are not all the forms available online but the more popular printable items.
Filing Taxes in Maryland Online in 2012
It is very hard to believe that the majority of tax filing Americans now do the entire process online. Doing the tax filing process on a computer makes it much easier for individual taxpayers and it makes it easier on the state government and federal government. It is safe to say that penmanship has declined over the last decade as more and more people sit in front of a computer and type. Rather than having government employees decipher poorly written forms it is much better to have the numbers displayed clearly on a computer screen. Allowing a computer to comprehend the numbers is also much more efficient than having human eyes look at every single tax form.
Here are some of the great resources I found on marylandtaxes.com related to filing online:
- Maryland iFile Personal Taxes
- How to Use iFile
- Frequently Asked Questions
- Request an Extension
- Refund Status
- Income Tax Interest Calculator
All of these resources are available on the marylandtaxes.com website so some taxpayers my not even need to check out other resources. I would say that the IRS.gov website is something you may want to look at before completing your state tax forms in April of 2012.
IRS.gov Tax Forms for Individual Taxpayers
There is very little argument to be made that the IRS.gov website is the best tax website on the Internet. Each and every year they update this particular page to help Americans file their Federal 1040, 1040A or 1040EZ with ease. Remember that those with an adjusted gross income (AGI) under $57,000 will be able to file their taxes for free online. This is not the set in stone rule but most making under this number can benefit from the many free resources provided by the IRS and tax preparation companies.
Here are some of the popular tax preparation companies that offer the free eFile process for Federal taxes:
- eSmartTax By Liberty Tax Service
- Tax Simple
- TurboTax® Freedom Edition
- H&R Block
For the entire list make sure to check out this link that I updated a few weeks ago. This list should provide you will all the necessary options to file online for free if you meet the requirements. When looking to file state income taxes always make sure to look at particular state government websites to see if there are any opportunities to file for free in 2012 and beyond.
Accountants and Recent College Graduates in Maryland
If you are looking for a cheap or affordable accountant in Maryland then you might want to consider some recent college graduates or maybe even a college senior. These individuals have not built up a huge client base so you might be able to get some very affordable rates. There are many colleges and universities in the state of Maryland that have an accounting program. Here are some of the schools that you might want to think about contacting:
- Bowie State University
- Loyola University Maryland
- Morgan State University
- Mount Saint Mary’s University
- Towson University
- University of Baltimore
- University of Maryland
By contacting the accounting department of some of these schools you may be able to get in touch with some newly certified accountants. If you are truly looking to save some money then you may want to consider working with a junior or senior. Since most of these college students are not a certified CPA it might be wise to have one of their professors look over your taxes. That is, if they have the extra time. You might be surprised to find that there are many students and professors who would love the opportunity to help individuals file taxes in the state of Maryland in April 2012. Do a little bit of extra research and you might find an accountant for the rest of your life.