Source: Amy 1xbet sports betting , 785-532-4484, hagemana@1xbet sports betting edu
News release prepared by: Calin Cooney, 785-532-2535, media@1xbet sports betting edu

Thursday, March 3, 2011

1xbet sports betting RETURN TIME: FIVE TIPS TO MAKE FILING EASIER FOR COLLEGE STUDENTS

MANHATTAN -- Filing a 1xbet sports betting return may be the last thing on the minds of college students already swamped with schoolwork. But a Kansas State University expert says the 1xbet sports betting preparation process doesn't have to be an overwhelming task.

Amy Hageman is an assistant professor of accounting at K-State. Her areas of research include antecedents and consequences of 1xbet sports betting policy, and judgment and decision-making by taxpayers and 1xbet sports betting professionals.

Hageman says the following five tips can make preparing and filing a 1xbet sports betting return easier for college students:

* First, check with your parents about whether they're claiming you as a dependent on their 1xbet sports betting returns. Full-time college students under age 24 who don't provide the majority of their own support may be claimed as a dependent by their parents or another relative. Students claimed as a dependent on another taxpayer's 1xbet sports betting return are allowed a smaller standard deduction and aren't able to claim a personal exemption on their own 1xbet sports betting returns.

* Second, students not claimed as a dependent on a return and who pay for qualified educational expenses may be eligible for certain educational 1xbet sports betting credits. The American Opportunity Credit has a maximum value of ,500, based on 100 percent of the first ,000 of qualified postsecondary educational expenses and 25 percent of the next ,000 in qualified expenses. The credit can be applied to the first four years of postsecondary education. The Lifetime Learning Credit is available for any year of postsecondary expense and has a maximum value of ,000, based on 20 percent of qualified expenses up to ,000.

* Third, get free help from Volunteer Income 1xbet sports betting Assistance, or VITA. It's a free service, available in many communities, that assists taxpayers in preparing their simple federal income 1xbet sports betting returns. To locate the nearest VITA site, call 1-800-906-9887. Hageman said students might also consider filing their 1xbet sports betting returns through the IRS' Free File. Individual taxpayers are eligible to use Free File 1xbet sports betting software if their adjusted gross income is less than ,000.

* Fourth, remember that scholarships used for room and board -- not tuition -- may be taxable. Scholarships that are used for tuition, fees or required books are generally 1xbet sports betting -exempt.

* And finally, be sure to file your 1xbet sports betting . Even if students had low earnings and are not required to file a 1xbet sports betting return, filing a 1xbet sports betting return is the only way to receive a refund of any federal income taxes withheld, Hageman said.

Students can find further information at the "1xbet sports betting Information for Students" section on the Internal Revenue Service website, http://www.irs.gov/individuals/1xbet sports betting /index.html.