Tax season is here, before you go into a tax office, collect all your paperwork. Gather your W-2 forms, social security cards, birth certificates, and itemized receipts. Collecting forms is important, make sure you have all your documents and tally your total receipts for itemizing.
If you have an appointment to see a tax person try to arrive early and get plenty of rest the night before you go into the office, be alert and ask questions before you sign your tax papers. No one is perfect, mistakes can happen. Stay calm and ask the person who is doing your taxes to go over any area that you don’t understand.
If you work more than one job for the year of 2013. Included all W-2 forms, these are your wages, salaries and tips for the year. Calculate all income from each W-2 form box 1 attach your total amount of your wages, salaries and tips.
Social Security Cards
Gather all social security cards for each family member that you are going to claim for dependents for 2013.
You can copy your documents, or take the original copy with you when you do your taxes. It’s important to show identification of the people you’re claiming for tax purposes.
If you are itemizing, gather all receipts, items such as, uniform, co-payment for doctor visit or medication, donation to charities, gas receipts, cleaner receipts, daycare expenses.
Ask your tax person what is the standard deduction amount for 2013. This amount multiply by your dependents could be a large deduction, which will put you into a better tax bracket for more money on your return. Standard deduction for single or married filing separately is $6,100, married filing jointly or qualifying widower is $12,000 and head of household is 8,950.
Take time to prepare yourself to get the best income tax refund that is due to you. Lack of information can lead to a decrease refund check. Some American’s have lack of knowledge about income tax returns and the correct forms to use. Try to visit the Internal Revenue web-site or go to your locate office and learn about the different forms that can help benefit you during tax season.