Lumping overlooked tax deductions in with this year’s return is hardly an option. Generally speaking, you cannot deduct expenses from a previous year on this year’s tax return. You can only deduct expenses in the year that you paid for them. Each tax return reports finances for its own year and each of those years needs […]
So, you ran a little late and forgot to file a prior-year tax return? Are you wondering if you can file a tax return all the way back, say, 6 years? The answer is yes, you can! This should not be confused with e-filing. The IRS has electronic filing available through October of the year your […]
You can prepare your 2009 tax return online with PriorTax. Once, a long time ago, 2009 tax returns were due on April 15, 2010. If you’ve been putting off filing your 2009 taxes since that initial deadline, you may wonder why you should bother filing at all? There are a couple of good reasons you […]
Sorry if you missed that train. But you can still prepare your late return online. You cannot e-file a prior year tax return. However, you can prepare prior year returns on PriorTax and send your printed return copy in the mail, to the IRS. You can only e-file a “current year” tax return between mid-January when e-file […]
If you’re living and working in different states, plan on filing taxes in two states. For many, working and living in different states can save you a lot of money. This is especially true if you work in an expensive city like New York City. The commute from New Jersey to the Big Apple may […]
Go online and use the “Where’s My Refund” IRS tool. It works! Although the IRS “Where’s My Refund” tool is available to check the progress of your return, it only applies to the tax return you filed for the most current tax year. For example, let’s say you file your 2013 tax return and soon after […]
Mailing your tax return to the IRS? Don’t forget the stamp! It’s 2016 and we are well into the era of e-file. In fact, the vast majority of taxpayers now send their return into the IRS electronically. However, there are some people out there who prefer to kick it old school and snail mail a paper copy of their […]
It’s easy to lose your W-2 and just as simple to file without it. E-filing your tax return these days is pretty straightforward. You just plug in the numbers on your W-2 to the online tax application, take the credits and deductions you’re entitled to, and VOILA! Couldn’t be simpler. But what happens if you don’t have […]
Ready to file your tax return but can’t find your W-2 form? If you realized you lost a prior year W-2, there’s still hope. The process to get a copy of a W-2 can be fairly simple. In order to receive a copy of your prior year W-2, you have three options. After requesting the W-2 , create […]
You must pay tax to the IRS but your W-4 form lets you decide when to pay it. When beginning a new job, you may remember your employer handing over a W-4 form (along with the pile of other paperwork) to fill out. Your W-4 form determines how much tax is withheld from your income […]