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Trends, wellness and entertainment news

The tax return has just started – How to get a refund?

Those who have never filed a tax return before might be overwhelmed, so here are some tips to make it easier

by Fran Candelera
26/01/2023 07:00
in Money
Tips to get your tax return filed accurately

Tips to get your tax return filed accurately - Canva

Supplemental Security Income survivor beneficiaries are getting a $914 check

Social Security announces the new calendar payment for April

Who receives the $4,555 payment on April 3?

This year’s tax return season has started. Therefore, the first thing that taxpayers need to bear in mind is the fact that filing electronically will be much faster. As long as there are no problems and IRS has nothing to check, you will get a refund in just 21 days. So, once you have filed it, you just need to wait for three weeks. Another thing you need to keep in mind is having a direct deposit.

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The IRS informs of what taxpayers can use to file their tax returns. The main tool is IRS Free File but if you prefer it, you can hire a tax professional you can trust. There is other tax software available too. Those who are members of the armed forces, as well as veterans who qualify for it, can file them on Miltax. This is a free electronic program the Department of Defence offers.

Why is it so important to be accurate when you file your tax return?

In order to avoid delays or IRS notices, it is essential to make sure you understand the process and provide the correct information. If you are unsure of what the right information is, do not file it. Ask for help if you need to. Double-check in order to find mistakes or incomplete parts. The IRS offers an Interactive Tax Assistant that might be really helpful.

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Do not miss the tax return deadline
Do not miss the tax return deadline – Canva

You should take into account that making a phone call to get help might take much longer than checking it online. If you are not keen on technology ask for help. Once you have filed it you can check its status here.

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When is the deadline for your tax return?

Despite the fact that you should not rush to file your tax return, it should be done by April 18. 2023. As they say, haste makes waste. However, do not put if off until the very last day. Do not forget that there is available help for seniors. The IRS has the Volunteer Income Tax Assistance and the Tax Counseling for the Elderly programs.

Hopefully, you managed to sort out your 2021 tax return by now. If not, you can have a look at this webpage. In this way, you can find your amended return from 2021. Do not forget to get an extension if you need to, but pay your taxes first if you owe them by April 18.

Tags: IRSmoneyTaxesViral
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