Now that tax filing season has begun, it’s time to get out those receipts and get things underway.
Are you ready for the tax filing deadline? It’s Monday, April 15th!
I’m a stalker. I admit it. I virtually camped out on the IRS’ site, waiting for January 30th, when the IRS officially opened efile. I immediately filed my taxes the same day using TurboTax’s Free Federal File Edition, as I have in years past.
I am very happy with their service. It’s fast and easy to use. I love the step-by-step guidance they provide to walk me through the tax filing process. I have never paid to have my taxes prepared, thanks to sites like TurboTax and H&R Block.
The Easy Way to Prepare Your Taxes
I gathered my 2012 tax folder, which includes documents like paystubs, W2’s, 1099’s, health savings account receipts, child care receipts, and other tax deductible receipts.
I entered all of our information in the TurboTax site.
Then, I watched the calculator factor in the taxes we’ve paid and credits we’re due.
Depending on the complexity of your financial situation, you could have your taxes complete in as little as 15 minutes.
Tip: Make sure you save a PDF of your return on your computer (and back up in another place). The free file edition does not offer copies of returns once the tax season is over.
Although, I am disappointed that the IRS did not publish a schedule of direct deposit dates (depending on when your return is accepted, as they have in years past), IRS efile acceptance is very fast. Within 24 hours, our return was approved! The IRS site states that you should receive your refund “within 21 days,” which is much longer than in the past. Hopefully, it will be sooner.
Free Sites to File Your Taxes
How do you prepare for tax filing season? Have you ever used TurboTax or H&R Block?
Disclosure: Affiliate links used. Thanks for supporting this site. All opinions are my own.