IRS Tips: How to Easily File Your Taxes and Get Your Refund Faster
According to Finance Buzz, filing taxes can be stressful, but the IRS tips to make it easier. First, create an online IRS account to see all your tax information and check your withholdings, especially if your life has changed. Getting your tax documents ready, like W-2s and 1099s, will also help you file faster and more accurately.
The IRS suggests filing your taxes electronically, which is quicker and easier. If you qualify, you can even file for free based on your income. If you’re getting a refund, choosing direct deposit will get your money to you faster. You can also still add money to your retirement account before the tax deadline to lower your tax bill.
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806.4 Million Reasons to File Your Taxes Easier: IRS Tips for a Stress-Free Tax Season – Must Know! (PHOTO: NPR)
How to Request a Tax Filing Extension and Avoid Penalties – IRS Tips
Lastly, if you’re feeling overwhelmed, you can ask for more time to file your taxes. This gives you six extra months, but make sure to estimate and pay any taxes you owe by the original deadline to avoid penalties. These IRS tips can help make tax season less stressful and easier to manage.
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