All your documents must be provided with the right information before the IRS will accept your claim for a refund. This could mean a lot of work; Can you see the importance of preparing yourself well ahead of tax season?
Here's a list of information you must have to file your taxes:
What You Must Have to File Taxes
- Your name
- Your social security number
- Your spouse's social security number
- Your filing status; Single, Married filing jointly, or married filing separately
- If you have and dependents; Child, Foster Child Parents
- Your personal income
- Some personal are deductible (What personal expense may be deductible?)
- Your business income
- Your business expenses
The IRS offer free information for all users; They also provide free professional tax preparation for qualifying taxpayers. May I subject you check out the IRS help and resources page.
This course is just a guide I put together to help you get into a habit of keeping up with your taxes, to help reduce your loss from miss deductions and increase you refunds over the years. I AM NOT CERTIFIED, I'm just giving you my opinion and showing you what I do when it come to doing my taxes every tax season.
Task One
Visit the IRS website and when you come back here, tell me one item I should have added to the list above.
Task Two
Visit the IRS Credits and Deductions page and when you come back to this lesson, tell me what items suprised you that you are able to deduct or receive a credit for.
Confirm you completed the tasks in lesson three by clicking each task box, continue to lesson four New Tax Laws You Should About.
Thanks,
Joshua
-Kathy