Up next in How to Do Your Taxes (15 videos)
Whether you're filing taxes for yourself or a business, we'll help you make the April 15 deadline.
You Will Need
- Tax documents and receipts
- E-filing software
Gather your papers
Locate any forms, statements, and receipts you think may be even remotely relevant to your income, expenses, and deductions. When in doubt, remember that it’s better to have them and not need them, than need them and not have them.
Pick your program
Start by going to www.irs.gov and selecting one of their authorized e-file providers, or purchase an authorized e-file program at a computer store. Many of the top software applications are quite similar, but you should compare prices and features. Many can also file your state taxes, too.
Follow the steps
Once you have your documentation handy, load your software and follow the instructions. Don’t worry, they think of everything.
Organize and save all documents as you go so you can hit the ground running next year.
Don’t take shortcuts
If you encounter errors or red flags when entering your information, do not ignore them. If you can’t fix them on your own, you may have to pony up for some professional advice.
When you have the green light from the online tax program, let ‘er rip—file away! And, by the way, welcome to the 21st century.