To get your tax return started, you'll first need to find out how much money you made in Then you'll need to decide whether to take the standard deduction or itemize your return. Finally, you'll need to submit everything by April 19, , if you live in Maine or Massachusetts or April 18, , for the rest of the country.
Other earning and interest statements and INT forms. Receipts for charitable donations and medical and business expenses if you are itemizing your return. Choose your filing status. Filing status is based on whether you're married. The percentage you pay toward household expenses also affects your filing status.
Decide how you want to file your taxes. The IRS recommends using tax preparation software to e-file for the easiest and most accurate returns. Determine if you are taking the standard deduction or itemizing your return. If you owe money, learn how to make a tax payment , including applying for a payment plan. File your taxes by April 19, , if you live in Maine or Massachusetts or April 18, , for the rest of the country.
Most individual taxpayers file IRS Form or Form SR once they receive Forms W-2 and other earnings information from their employers, issuers like state agencies and payers. The IRS has incorporated recent changes to the tax laws into the forms and instructions and shared the updates with its partners who develop the software used by individuals and tax professionals to prepare and file their returns.
IRS Free File will open January 14 when participating providers will accept completed returns and hold them until they can be filed electronically with the IRS. Many commercial tax preparation software companies and tax professionals will also be accepting and preparing tax returns before January 24 to submit the returns when the IRS systems open. The IRS strongly encourages people to file their tax returns electronically to minimize errors and for faster refunds — as well having all the information they need to file an accurate return to avoid delays.
More information will be available on Free File later this week. The letter contains important information that can help ensure the return is accurate. Eligible taxpayers who received advance Child Tax Credit payments should file a tax return to receive the second half of the credit. Eligible taxpayers who did not receive advance Child Tax Credit payments can claim the full credit by filing a tax return. While most eligible people already received their stimulus payments, this letter will help individuals determine if they are eligible to claim the Recovery Rebate Credit for missing stimulus payments.
If so, they must file a tax return to claim their remaining stimulus amount. Both letters include important information that can help people file an accurate tax return. If the return includes errors or is incomplete, it may require further review while the IRS corrects the error, which may slow the tax refund.
Using this information when preparing a tax return electronically can reduce errors and avoid delays in processing. The fastest way for eligible individuals to get their tax refund that will include their allowable Child Tax Credit and Recovery Rebate Credit is by filing electronically and choosing direct deposit. Check IRS. There is no need to call. Set up or log in securely at IRS. Make final estimated tax payments for by Tuesday, January 18, , to help avoid a tax-time bill and possible penalties.
Individuals can use a bank account, prepaid debit card or mobile app to use direct deposit and will need to provide routing and account numbers. File a complete and accurate return electronically when ready and choose direct deposit for the quickest refund. It's never too early to get ready for the tax-filing season ahead. Home News News Releases tax filing season begins Jan.
More In News. April 18 tax filing deadline for most The filing deadline to submit tax returns or an extension to file and pay tax owed is Monday, April 18, , for most taxpayers. Awaiting processing of previous tax returns? Follow the message prompts when you call. Refunds are generally issued within 21 days of when you electronically filed your tax return or 42 days of when you filed paper returns.
You can learn whether your payment has been issued, and if it's coming by direct deposit or mailed check. Learn more about the stimulus payments , including whether you qualify for one and what, if anything, you may have to do to get yours. You can file your tax return by mail, through an e-filing website or software, or by using the services of a tax preparer.
Viewing your IRS account information. Calling the IRS at Wait times to speak to a representative may be long. If you file your taxes by mail, you can track your tax return and get a confirmation when the IRS has received it. There, you can find out if your refund is being processed.
Or, you can get further contact information to confirm that your return was received. If you owe money to a federal or state agency, the federal government may use part or all your federal tax refund to repay the debt. This is called a tax refund offset. If you owe more money than the payment you were going to receive, then TOP will send the entire amount to the other government agency.
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