Did you understand you could file both your federal and state taxes for free if you made $58,000 or less in 2012? MyFreeTaxes – offered with a nationwide partnership between Goodwill Industries International, National Impairment Institute, and United Way, and sponsored by the Walmart Foundation – supplies free federal and state tax preparation and filing assistance, both online and personally, to people and households earning $58,000 or less a year. MyFreeTaxes.com is the only online platform that can be used to file both federal and state taxes in all 50 states and the District of Columbia. The program has assisted millions of people and families apply for complimentary and declare even more than $8 billion in tax credits and refunds because 2009. If you filed an extension or missed the tax due date, MyFreeTaxes.com is available through October to assist you file for complimentary.
Filing your taxes is easy. To take some of the secret out of online filing, we’ve actually assembled a summary on what individuals can expect when they prepare and submit their own taxes with MyFreeTaxes.com.
Know That You Are Not Alone
If you’ve any questions, or need assistance along the means, call the MyFreeTaxes Helpline at 1-855-My-Tx-Help (1-855-698-9435) to talk with experts that have been certified by the IRS.
Step 1: Be Prepared
Print off this Tax Preparation Checklist, which provides all of the files you need to have when preparing your return. You’ll require the Social Security or Individual Taxpayer Recognition Number (ITIN) for each member of the family. You’ll also need your W-2s, 1099s, and other income kinds that you ought to have received from your company. If you’ve childcare expenditures, make certain you’ve the provider name and address on hand too.
Step 2: Get the Facts
When you go to MyFreeTaxes.com you can use tools like the Earned Earnings Tax Credit (EITC) Calculator to see if you get this useful credit. Once you’ve your documents all set, click the yellow ‘Submit Now’ button to begin the filing process.
TIP: To make sure that you use the complimentary MyFreeTaxes service rather of the paid H&R Block® service, start your return by clicking the yellow ‘Submit Now’ button on the MyFreeTaxes web site.
Step 3: Create an Account
For the smoothest filing process and to make sure that you get the complimentary service, produce a brand-new account for this year even if you’ve actually utilized H&R Block to submit a return in the past. Bear in mind, the complimentary service is only offered if your adjusted gross income (AGI) was $58,000 or less in 2013. On the indicator in page click ‘Produce Account.’
TIP: Jot down your login details in a safe place so that you can access your return if you’ve to later on.
Step 4: Start Your Return
You prepare to begin your return! First you’ll enter basic details like your name and address. Then, you’ll need to address concerns associated with exactly what may have changed in the in 2012 (e.g. declaring condition, residency) so the filing software application knows what suitable kinds to include.
TIP: If you’re filing jointly or will be adding relative or children to your return, make sure you’ve each person’s proper Social Security number or Tax Payer Identification number useful to conserve you time.
Step 5: Go into Info From Your 2013 Tax Papers in the Online Form
The software application will ask you to input information from your W-2 and other tax return. For many of them, you simply need to match the numbered boxes on the tax form with the matching boxes online.
TIP: Keep all your 2013 tax documents in a neat stack on one side of the computer system. After you go into the information from a type, move it to the opposite of the computer so that you can see which kinds you have not gotten in yet.
Step 6: Review Your Return
Prior to submitting your tax return you’ll have the chance to assess and claim applicable tax credits, in addition to a last possibility to review your entire income tax return.
Remember, if you’ve questions at any point when preparing and filing your taxes online with MyFreeTaxes.com, please call our toll-free helpline at 1-855-My-Tx-Help or use the online talk.
TIP: Make certain to examine that all 2013 tax forms have been entered into the system, as some identify your qualification for important tax credits and deductions.
Step 7: Choose The best ways to Receive Your Refund, then Send Your Return
Taxpayers anticipating a refund can decide to have their refund mailed to them or deposited straight into their bank account.
TIP: The IRS recommends filers select the direct deposit choice so they get their money back quicker.
Step 8: Pat Yourself on the Back, You Simply Prepared and Filed Your Own Taxes!
Step 9: Check the Status of Your Refund
If you’re expecting a refund, check the IRS website to see where you stand.
Step 10: Take advantage of Your Tax Refund
Here are some great ways to utilize your tax refund.
Step 11: Inform Your Friends and Family That They Do not Have to Pay to Submit Their Taxes!
You are not the only one who wishes to conserve cash by doing their taxes online.
Now that you know what to expect, go to MyFreeTaxes.com and file your taxes totally free if you made $58,000 or less last year. It’s safe, hassle-free, and easy.