The IRS has finally updated and battle tested its system for this years barrage of tax returns. But are you ready? If not, this simple checklist is a great way to get started early. While you wait for 1099s and W-2s to show up, here are a few last minute tax return reminders and tips to help get your return done right, on time, for less.
Filing Reminders
First Day You Can File
Most of you know the last day to file a tax return. But do you know the first day you can file?
The day tax season opens can change from year to year depending on whether there are any last minute changes to the tax code. This year, the IRS had to push the start date back about a week. The first day you can file your tax return is January 31.
That doesn’t mean you have to wait until then to get started. You can even finish early. All the major tax software will hold your finished tax return and file it for you once tax season starts.
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