Navigating your taxes isn’t always easy. Between the forms and financial jargon, it’s not uncommon for the average person to feel lost. It can help to learn how to file your taxes online, but even the most popular tax prep programs can leave you scratching your head. To clear up the confusion, start with these simple steps.
1. Gather Your Documents
Your tax documents start to trickle in after the first of the year, but it helps to know what documents are needed to file taxes. Most employed individuals have a W2 at the bare minimum, but additional income may be documented through 1099s. The latter is typically for independent contractors or freelancers, but many versions of this form apply to retirement accounts or employment benefits.
Most of the forms should come in the mail, but don’t forget to locate your tax return from the previous year as well.
2. Consult the Experts
Doing your taxes at home doesn’t mean you have to fly by the seat of your pants. Popular online services may offer you a step-by-step interface, but they don’t necessarily answer your unique questions. Face-to-face services, on the other hand, eliminate the comfort and cost-effect benefits of online tax prep. The key is to find a happy medium.
With taxhub, you can get tax filing help online from a certified accountant while at home on your sofa. You just upload your documents through our secure website, and schedule a call or video chat to go over it. Many taxpayers don’t take advantage of online tax return help, but skipping this step may lead to complications later.
3. File Your Return
You gathered your documents and sought out wisdom from our experience CPAs—now what? If you owe money, you need to submit that payment first, but otherwise, you can now e-file! If you worked with our virtual team of accountants to prep your return, we can take it from here.
Time to kick back, relax, and rest easy knowing your taxes are correct. Once you figure out how to file your taxes online, you can get it done without ever leaving the house! Let taxhub take you from tax prep to tax completion in three easy steps.