Two things are certain in life. And the IRS has provided some tips to assist you with one of them.
1. Cross Your T”s. Round up any documents you”ll need when filing your taxes: receipts, canceled checks and other documents that support income or deductions you”re claiming on your return.
2. Be on the Lookout. You”ll need W-2s and 1099s to file your tax return.
3. Need Help? Have a question? Use the Interactive Tax Assistant available on the IRS website to find answers to your tax questions about credits, deductions, general filing and more.
4. Mail or Bank? Consider direct deposit. If you elect to have your refund directly deposited into your bank account, you”ll receive it faster than a paper check in the mail.
5. Choices, Choices. There are many options for filing your tax return. You can prepare it yourself or go to a tax preparer. You may be eligible for free face-to-face help at a volunteer site. Give yourself time to weigh all the options and find the one that best suits your needs.
6. One Stop Shop. The IRS website at www.irs.gov is a great place to find everything you need to file your tax return: forms, publications, tips, answers to frequently asked questions and updates on tax law changes.
7. Take Your Time. Review! Don”t rush. We all make mistakes when we rush. Mistakes slow down the processing of your return. Be sure to double check all the Social Security numbers and math calculations on your return as these are the most common errors.