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Your Taxes

Romneys’ 1040s offer tips for filing

Looking for some tips heading into the tax-filing season? Look no further than Mitt Romney’s 2010 and preliminary 2011 tax returns that he released last month.

Though he earns a fortune that average filers can only dream about, the former Massachusetts governor and Republican presidential candidate made some smart moves that those in lower income brackets might also use to trim tax bills, tax specialists said. Romney and his wife, Ann, filing jointly, paid less than 15 percent of their income in taxes, below the average of about 20 percent paid by those in the top 1 percent of incomes.

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