Tax season is here, which means it’s time to start gathering essential financial documents for both federal and state filings. If you live in Iowa, you can expect to pay between 0.36% and 8.98% of your net earnings in state income tax. The state return is due on April 30 this year, and the sooner you file, the quicker you will get a refund if applicable. Below, a tax preparation attorney from the Shelton Law Firm shares three tips for getting it done right.

How to Ensure Successful Tax Preparation 

1. Check All Forms

This may feel like an obvious tip, but it’s worth stating because people often forget to fill out one or more sections of their tax preparation forms. For example, when filing jointly, make sure both spouses have signed the return before submitting it. You should also review all personal information on each document to guarantee it is correct.

2. Start As Soon As Possible

You may have had to wait for certain parties to send a completed W2 or 1099 form, but you should have received all essential paperwork by now. Fortunately, it shouldn’t take too long to gather all the documents needed for filing the state income tax return. Try to do it as soon as you have some free time, so you don’t miss the deadline. If you owe money to the state but fail to file by the end of April, the amount is subject to a penalty.

3. File Electronically

Taxpayers have a few options for submitting their return, but the Iowa Department of Revenue recommends doing so electronically. The software is accurate and will perform all calculations for you. Additionally, it may prompt you to input certain deductions and exemptions that you might not have considered otherwise. Depending on various factors, you may be able to file online for free.

If you want to learn more about filing a 2017 income tax return in the state of Iowa or have questions regarding tax preparation for the current fiscal year, turn to the Shelton Law Firm. Based in Chariton, they provide quality legal advice on tax law and other areas for clients throughout the surrounding region. Visit their website to explore the broad range of services they offer, or call (641) 774-5956 to schedule an initial consultation today.