Everyone knows the significance of the date, April 15. Today we are going to offer up some tips on how to deescalate the stress of filing your income taxes. It is not a fun task to do, but a necessary one.
1. Gather all your documents. Here are a few common forms to look for:
- W-2 for employment earnings
- 1099-DIV for dividends
- 1099-INT for interest received
- 1099-NEC for non-employee compensation
- 1099-R for distributions from 401(k), IRA or pension plans
- Form 1098 for mortgage interest paid
- Form 5498 for IRA, SEP-IRA and SIMPLE contributions
Make a folder on your home computer as well, to keep digital tax forms, online receipts, year-end account statements and other relevant documents. For security's sake, you may want to encrypt and password protect tax-related documents on your computer. Store paper documents in a safe place for at least three years after you file your taxes, along with your completed tax returns.
2. Know your filing status. Not sure what your status is? It's based on your marital status on the last day of the year.
- Single: You are unmarried, divorced or legally separated.
- Head of household: You are single and pay more than half of your living expenses for yourself and a qualifying dependent.
- Married filing jointly: You are married or your spouse passed away during the year, and you are filing only one tax return.
- Married filing separately: You are married and don't wish to file jointly. In some cases, filing separately may save you money.
- Qualifying surviving spouse: Your spouse died within the past two years and you have one or more dependent children.
The IRS has an interactive tax assistant to help you figure out which filing status fits you and, if there's more than one option, which saves you the most money.
3. Do you have life changes?
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4. Be aware of tax scams.
Scammers posing as the IRS may go after your personal information or demand payment; fraudsters posing as you may attempt to file taxes in your name.
- Report phishing scams to the IRS. If you receive a suspicious email or text pretending to be from the IRS, report it. The IRS does not make unscheduled phone calls or send unsolicited email or texts requesting personal identifying information or immediate payment.
- Watch out for tax identity theft. A scammer also may use your identity to file a fake tax return and collect a refund. Notify the IRS if you can't e-file your tax return because a return has already been filed under your Social Security or tax identification number.
5. Get help by phone or in person. Here's how to start:
- Call the IRS at their toll-free IRS helpline.
- IRS Taxpayer Assistance Centers (TAS) are available nationwide to provide in-person service for 2025. Many offer extended hours.
- Get volunteer help with tax preparation. Volunteer Income Tax Assistance (VITA) provides free tax prep assistance for taxpayers who have lower incomes, disabilities or limited English-speaking skills. Tax Counseling for the Elderly (TCE) offers free tax advice for taxpayers ages 60 and older. Find a VITA or TCE site near you using the VITA Locator Tool.
- Access expert help with difficult cases. Contact the TAS if you have an unresolved issue with the IRS that involves financial hardship, systemic problems (such as lengthy delays) and issues related to fairness and equity.
6. File an Accurate Return. Inaccuracies on your tax return are a potential trigger for an IRS audit. When you file your taxes, the IRS checks the information in it against W-2 forms from your employer; 1099s from clients, banks or investment companies; and its own record of payments you've made. If your tax return differs from what the IRS has on file, it may be flagged for a manual review, which could delay your refund.
To be extra safe, check your return for accuracy against the information the IRS has on file. You can get a free digital copy of your tax transcript by visiting the IRS's Get Your Tax Record site.
Here's the best advice we can give!
Start early and file on time. This makes the tax preparation process much less stressful. The sooner you can start, the better. Do everything you can to file on time so you can avoid penalties and interest. Your taxes don't get easier to do the longer you wait to do them. Good luck! 🤞