Tax preparation can easily become confusing and intimidating, so it’s not uncommon for some people to forget exactly how to go about filing. This is especially true if you didn’t need to file last year or if someone else has been taking care of your taxes for you. Tax season will be here before you know it, so here are a few tips for getting your returns ready if you don’t quite remember how.

What to Do if You Forgot How to File Your Taxes

Find Your Last Tax Return

Last years’ tax return can be a valuable resource, outlining the deductions you claimed and the income you reported. Looking over your tax return from previous years can help you avoid forgetting income from a side job or freelancing work, and ensure you get every deduction you’re entitled to.

Collect All Your Documents

Most taxpayers can simply claim the standard deduction, but it’s still wise to calculate your expenses to see whether itemizing is right for you. To make tax preparation easier, collect your receipts for deductible purchases throughout the year and keep them together in a safe place. As your earnings statements start coming in, add them to the file to reduce the stress of hunting for lost documents during tax season.

Talk to a Tax Preparation Professional

The laws and codes are always changing, so sometimes the best approach is just to let a professional handle your tax preparation for you. They have an in-depth understanding of the code, powerful software, and the expertise to help you avoid common mistakes that can attract the attention of the IRS. They’ll also help you plan strategically to maximize the benefits of the code and minimize your tax burden next year, giving you savings and peace of mind.

For over 20 years, US Tax Express has provided detailed assistance and one-on-one services to taxpayers throughout the Charlotte Metro Area of North Carolina. They understand how confusing tax preparation can be, which is why they’re committed to making the process as easy and stress-free as possible. Visit their website for more on their tax preparation services and call (704) 817-9517 to make an appointment today.