Get Tax Prep Checklist Form

Documents you need to file taxes. Social Security number or tax ID number. Spouse's full name, Social Security number or tax ID number, and date of birth. Identity protection PIN (if the IRS has issued one to you, your spouse, or your dependent)

Advantages of Using Online Tax Services Easy to Use and Convenient. Using an online tax service is convenient. ... A Cost-Effective Alternative. ... Faster Receipt and Turnaround. ... Helpful for Record-keeping.

The three main options for tax preparation are a tax professional, tax software, and filling out the forms yourself.

Organize by category Using file folders is an age-old method to stay organized, and it's extremely effective. Pick up several folders from an office supply store and label them each by category. Then, when you get a bill, a receipt, or an official tax document, make it a habit to put it in its place immediately.

There are five types of tax filing statuses: head of household, qualified widow(er), married filing jointly, married filing separately and single....What it gets you: Federal: $24.95 to $64.95. Free version available for simple tax returns only. State: $39.95 to $44.95. All filers get access to Xpert Assist for free.

Form 1040: This is the form that you fill out to file your IRS tax return. If you use tax preparation software, a tax preparation service or a tax accountant – they'll all have it, and you don't need to get it yourself. If you are doing this yourself, your library probably has a Form 1040.

There are three main ways to file taxes: fill out IRS Form 1040 or Form 1040-SR by hand and mail it (not recommended), file taxes online using tax software, or hire a human tax preparer to do the work of tax filing.

The main difference is the point of collection. Sales taxes are paid by the consumer when buying most goods and services. ... Income taxes are major sources of revenue for the federal government and many state governments. ... Property taxes generate revenue at a local level.