RefundsThe average individual refund for tax year 2007 was $2,733. This sizable sum implies that taxpayers should take a long, hard look at their W-4 withholding form.
Dividend IncomeDo you have money in the stock market? According to the IRS, 23 percent of Americans listed income from ordinary dividends on their return.
Dollars and Cent...The IRS says 6 percent of taxpayers reported figures in dollars and cents on the returns they filed in 2008. But don't worry if you aren't one of these detail-oriented citizens... you're allowed to round to the nearest dollar.
Student Loan Int...6% of taxpayers deduct student-loan interest on their returns. More filers ought to "hit the books" and take advantage of this valuable benefit.
Gambling Winning...Have a lucky year? Perhaps you'll be like the 1.4 percent of Americans who listed gambling earnings as a source income.
Farm IncomeIn 2008, 1.4 percent of Americans listed farm income on their return. Are you one of these hardy few?