Get ready, set, time to e-file! Tax season has officially started with the opening of IRS e-file, and with the average refund over $3,000, it’s time to get the filing party started! Here’s a few quick tips to get you started:
· Get organized. Remember those receipts and tax forms you tossed in the back of a drawer? You’ll need them again this tax season! Time to start pulling together all of your important documents including W-2 forms and 1099s.
· Choose your filing method. Whether you want to go it alone or get the help of a credentialed tax expert this year, you can file from the convenience of your own home. With TurboTax Live you can get on-demand access to live tax experts to answer questions, provide tax advice or even get a line by line review of your return before you file.
· File early. About 80% of taxpayers get a refund and the average refund is over $3,000. Don’t wait to file. Added tip, choose e-filing with direct deposit for your fastest refund.
TurboTax CPA and tax expert, Lisa Greene-Lewis, breaks down everything you need to know about this upcoming tax season to help you get every dollar you deserve, including information on free resources, tax, and budgeting tips and more.