In the United States there are some important dates for citizens. So, when it comes that time of the year when doing the tax return to the IRS is essential, there is nothing better than having everything organized. Luckily, knowing the IRS calendar with the exact days we have to make our tax return is very useful.
The responsibility that U.S. citizens have with taxes is inescapable. For that reason, we must prepare everything well so that we are not caught off guard. There are many reasons to do our tax return as soon as possible and here we are going to give you 5 of them.
This does not mean that if you have not yet done your tax return you have to go running to the Internal Revenue Service and do it. But it is true that it is a good idea to take these tips and apply them to avoid tax-related problems in the future.
Reasons to file your IRS tax return as soon as possible
These are just a few reasons to send the IRS our 2022 tax return. However, there may be many others. Each person may have different reasons for filing early.
- You receive your tax refund earlier. If you file early, you will receive your tax refund earlier. This will happen in case you are entitled to a tax refund, of course.
- More time to pay taxes to the IRS. By the time we file our income tax return we will know if we have to pay taxes. If we file early, the IRS will give us more time to be able to pay the tax debt.
- You have more leeway. Any change in life can cause us to have to file a different tax return. So if we file with plenty of time to spare, the IRS will be able to tell us if we are doing something wrong. This way we will have more time to rectify our mistakes.
- You will not need to request an extension of time from the IRS. Doing this is possible through an online form, but sometimes it can be complicated to get one. Therefore, it is best to avoid asking for an extension of time.
- You more easily avoid scams during the tax season. Doing the tax return early will avoid unpleasant surprises in the area of scams. They will not be able to request more documentation to scam us if we have already submitted all of it to the IRS.
Still, each case is unique and personal, so keep in mind that some people may not be able to file early with the IRS.