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How To Reduce Your 2011 Tax Debt

1040 tax form

Credit: IRS

Above: 1040 tax form

GUEST

Rafael Tulino, IRS Media Relations, Southern California & Nevada

Transcript

You haven't even wrapped your Christmas presents yet, so why should you start thinking about doing your taxes?

There are lots of reasons. The biggest: What you do between now and the end of 2011 could greatly affect how much you owe, or what your refund will be.

Additiona Resources

2011 IRS Tax Tips

We'll speak to an IRS representative on Midday to discuss tax tips that could reduce your 2011 tax debt.

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