Here are the steps on how to file your annual tax return:
- Gather your tax documents. This includes your W-2 forms from your employer(s), 1099 forms from any other sources of income, and receipts for any tax-deductible expenses.
- Choose a tax preparation method. You can file your taxes yourself using tax preparation software, hire a tax preparer, or file for free through the IRS Free File program.
- Prepare your tax return. If you are filing yourself, use tax preparation software to help you fill out the forms. If you are hiring a tax preparer, they will help you prepare your return.
- E-file or mail your tax return. You can e-file your return for free through the IRS website or through a tax preparation software program. If you are unable to e-file, you can mail your return to the IRS.
- Pay any taxes you owe. If you owe taxes, you can pay them online, by phone, or by mail.
- Check the status of your return. You can check the status of your return online or by phone.
Here are some additional tips for filing your taxes:
- Start early. The deadline to file your taxes is April 15th, but it’s best to start early so you have plenty of time to gather your documents and prepare your return.
- Be accurate. Make sure your return is accurate. If you make a mistake, you could end up owing more money in taxes or getting a smaller refund.
- Keep your records. You should keep your tax records for at least three years. This will help you if you ever need to amend your return or if the IRS audits you.
Filing your taxes can be a daunting task, but it doesn’t have to be. By following these steps, you can file your taxes quickly and easily.