Category: TurboTax

Tracking Your Tax Refund: A Comprehensive Guide by a Renowned Tax Expert

Curious about the whereabouts of your tax refund? Fear not, for I shall provide you with a meticulous, step-by-step manual on effortlessly tracking your refund and acquiring the answers you seek with Where’s My Return.

When eagerly anticipating the arrival of your tax refund, the absence of knowledge regarding its progress can be exasperating. Thankfully, there exist simple measures you can undertake to trace your refund and acquire the essential information. This guide shall escort you through the process, ensuring you unravel the mystery surrounding the location of your refund.

Tracking Your Tax Refund

Accumulate Your Information

Before embarking upon the quest of tracking your tax refund, it is imperative to gather vital information. Firstly, ensure the proximity of your Social Security number or Individual Taxpayer Identification Number (ITIN). Additionally, retain knowledge of your filing status (whether single, married filing jointly, and so forth) and the precise amount of your anticipated refund. Armed with this data, the process of tracking shall proceed with utmost ease.

Navigate to the IRS Website

The foremost stride in tracking your tax refund entails visiting the official website of the Internal Revenue Service (IRS). Once ensconced upon the website, diligently seek out the “Where’s My Refund?” tool. This invaluable instrument empowers you to scrutinize the progress of your refund by inputting your Social Security number or ITIN, filing status, and the precise amount of your anticipated refund. Consequently, the tool shall furnish you with the most up-to-date information regarding the status of your refund, elucidating whether it has undergone processing, attained approval, or embarked on the journey towards direct deposit or mail delivery. It warrants mention that the tool receives updates on a daily basis, typically during the overnight hours. Therefore, it is prudent to habitually revisit the site for any pertinent updates concerning your refund.

Leverage the “Where’s My Refund?” Tool

The “Where’s My Refund?” tool, graciously provided by the IRS, constitutes a convenient and facile avenue for monitoring the status of your tax refund. By supplying your Social Security number or ITIN, filing status, and the precise amount of your anticipated refund, you expeditiously ascertain the whereabouts of your refund within the labyrinthine process. Given that the tool undergoes daily updates, typically during the nocturnal hours, it is imperative to periodically return to the site for any alterations pertaining to your refund. Whether it has completed processing, received approval, or commenced its journey towards direct deposit or mail delivery, this tool remains your fount of the most contemporary intelligence regarding the status of your refund.

Input Your Personal Particulars

To engage the “Where’s My Refund?” tool in tracking your tax refund, you shall be required to furnish your personal information. This comprises your Social Security number or ITIN (Individual Taxpayer Identification Number), your filing status (such as single, married filing jointly, etc.), and the precise amount of your anticipated refund. It behooves you to meticulously verify the accuracy of this information to ensure receipt of the correct status pertaining to your refund. Upon the diligent entry of your personal particulars, proceed forthwith by selecting the “Submit” or “Check Status” button, thereby unlocking the knowledge of your refund’s whereabouts.

Monitor the Status of Your Refund

If you find yourself impatiently awaiting your tax refund, fear not, for you possess the capability to effortlessly track its progress through the employment of the “Where’s My Refund?” tool. In doing so, you shall be required to furnish certain personal particulars, including your Social Security number or ITIN, your filing status, and the precise amount of your anticipated refund. It remains of utmost importance to accurately input this information to ensure the acquisition of the correct status pertaining to your refund. Once you have meticulously provided your personal information, merely select the “Submit” or “Check Status” button to unravel the mysteries of your refund’s journey.

TurboTax Free Edition – How To Set Up Your TurboTax Account for FREE!

The TurboTax Free Edition is an easy way to file taxes online without paying anything upfront. Get started today! TurboTax Freedom is an easy to use, free, and safe way to file taxes on the go. You can file federal and state taxes with the help of this software without paying a dime. It also has a lot of useful features like Audit Support Guarantee, which protects your privacy and ensures that your information will remain confidential.

TurboTax Free Edition
Turbo Tax Freedom

The IRS requires all taxpayers to file a tax return every year. This includes individuals, corporations, partnerships, trusts, estates, and S Corporations. Why not use the TurboTax Free Edition?

Sign up for free at www.turbotax.com/free.

If you do not have access to a computer or the Internet, you can still use TurboTax Online Free Edition on a mobile device. You will need to provide some personal information, such as your name, address, Social Security number, and email address. Once you complete these steps, you will receive a confirmation code via text message. Enter the code into the TurboTax website to begin filing your taxes.

Set up your account by following the prompts.

After entering your tax information, you will have the option of paying by credit card or debit card. You will also be required to choose a payment method. The method will not be billed until a later date.

File your return using the free software.

If you decide not to use TurboTax, you can still file your taxes with the IRS at no cost. Just visit irs.gov/freefile and follow the instructions.

TurboTax Free Edition is a free version of the TurboTax software that can be used to file federal taxes in the United States. It was introduced in 2009, and has been updated annually since then. It has more than one million downloads as of 2018, with over half a million downloads during the first week of January 2019. So you know the product is trust worthly and well tested.

TurboTax is available for download on Apple’s App Store and Google Play Store, as well as on Amazon’s App store for Android.

The TurboTax Free Edition can be used to file both federal and state taxes. However, it only includes four forms: 1040EZ, 1040A, 1040 and Schedule D-1 (capital gains/losses). For more complex returns, you’ll need to purchase TurboTax Deluxe or Professional.

Print or email your tax forms.

You can print out your federal income tax return that you prepared with the IRS by visiting www.irs.gov/pub/irs-pdf/f1040.pdf. Or, you can e-mail your tax return to yourself using the “e-File” option on the website.

TurboTax is all about the simplicity of tax filing. It provides a simple and hassle-free way to file your federal income taxes, which includes e-filing your return for free. Much easier than the IRS options.

Pay nothing until you get your refund.

TurboTax Free Edition lets you pay nothing up front. Instead, they charge only when you receive your refund. The program will guide you through the process with step-by-step guidance and help from an onscreen advisor or live chat support.

https://youtu.be/URBBSrHnHsw
TurboTax Free Edition Easy Tutorial: Step by Step Walk Thru

Tax Payer Bill of Rights – Challenge the IRS

Tax Payer Bill of Rights
stevepb / Pixabay Tax Payer Bill of Rights

As a taxpayer, you have the right to challenge the IRS and have your position listened to. This is the fourth item in the Tax payer Bill of Rights. The IRS wants you to know all your rights when you need to work directly with the government agency on a tax issue. You can object to an IRS decision, you can provide more documentation to an open issue, the IRS has to respond to your questions quickly, and they have to look over your documents in a timely manner.

More about the your right to challenge the IRS:

When you get that letter the mail that your return had a mathematical error and there has been a change in your return amount, you have 60 days to contest the change. You should provide records that back-up you position. And you have a right to call the IRS with the number listed on the letter you received.

If the IRS does not agree with your position, they need to notify you promptly. The information will come in the mail. You can then open a case with the US Tax Court within 90 days to continue your objection to any adjustment. If you are outside the US, you have an additional 60 days.

You can also raise objections during an audit of your return. If the conclusion of the IRS does not go your way, you have the right to petition the US Tax Court once again.

If the IRS is going to take more serious action against you, like going after old debt, or taking a lien against property, then you can have your case heard before an Office of Appeals, an independent body.

The Benefits Of Turbotax Premier 2016

Manually performing all the calculations needed to file taxes can be very difficult. Computer software like TurboTax Premier 2016 can make this much easier.

Turbotax photo
Photo by Kei!

Manually performing all the calculations needed to file taxes can be very difficult. Computer software like TurboTax Premier 2016 can make this much easier. Since the software performs these calculations for you, there’s no risk of making a costly mathematical error. The software won’t allow you to continue filing your tax return until you’ve dealt with any discrepancies.

You’re given the option of using a semi-guided preparation wizard and taking an interview. Whenever the software asks you a question it deems relevant, it continues to question you along the same lines. This makes it easy to deal with complicated situations involving amortization and depreciation. You’ll only be asked questions that are relevant to your situation because of the unique funnel approach that TurboTax takes.

If you have existing 1099 or W-2 forms, then TurboTax Premier 2016 can import these documents easily. You won’t have to generate forms from scratch either. If you use Intuit or another financial package to prepare these forms, then they’re already in a format that TurboTax Premier 2016 accepts.

Many aspects of the tax code are quite obscure. Whenever you’re answering a question that the software asks, you can push a button to learn more about the situation and any relevant tax laws. If you’re still unsure whether a specific situation applies to you, then you can read an article the software generates and determine how to answer. You can also connect with a certified tax expert who will provide advice through a chat function. They can even share their screen with you.

You can get the software for only $59.49, which comes with a free annual subscription to the TurboTax newsletter. If you sign up with the TurboTax advantage, then you can even get a discount on the software. The price is quite reasonable considering just how reliable the program is.

Take Guesswork Out Of Your Refund Status With MyTaxRefund

This mobile app review describes how to track your tax refund right from your mobile device and get your Turbo Tax refund status.

turbotax photo
Photo by rick

Whether or not you will end up paying taxes, you will most likely have to file an income tax return. The process used to be labor intensive and involved mailing a stack of papers to the IRS and patiently waiting for your refund. E-filing made the process a little faster, but you still had no way to track the status of your return once it was filed.

The new mobile app from TurboTax helps to address this problem. Rather than calling the help line at the IRS and then waiting on hold for minutes or even hours, tax filers can use the MyTaxRefund app from TurboTax to track the status of their refund check right from their mobile device.

The newest version for the TurboTax app is easy to navigate and will work if you have used TurboTax or some other service as long as you have filed electronically. Users of the app seem to agree that MyTaxRefund is a great tool as evidenced by the 3-star rating from iTunes and the 4.5 star rating in the Google Play app store from Android users.

Operating similar to the TurboTax online system, users provide their Social Security number and ZIP code to find out whether their tax filing is pending, accepted, or rejected.

An accepted status just means your initial submission passed the test of items the IRS looks for on all filings. If the status is pending, that means that your submission has not yet been received by the IRS. A rejected status, while not what you want to see, may be beneficial because you are able to fix whatever caused the rejection immediately. This is much better than waiting for a response in the U.S. mail only to find there was a issue. In most cases, filings are rejected because information is missing or there is a problem with the signature.

How To Handle Every Mobile Tax Filing Challenge With Ease Using These Tips

TurboTax is the best tax preparation software when it comes to mobile tax filing, and this is not good for H&R Block.

TurboTax is the best tax preparation software when it comes to mobile tax filing, and this is not good for H&R Block.

For the person who wants to file their taxes on their own, the whole process is getting easier and easier.  The best part is that you can do it via your mobile phone.

Mobile Tax Filing photo
Photo by danielmoyle

Some might think that mobile tax filing is a little scary.  But the whole process is easy to follow.  You can do it too.  TurboTax has apps that allow you to take a picture of your W2 and upload it to your tax return.  Do this and follow other easy steps to complete the process.

There are statistics that show that more and more people are taking advantage of TurboTax’s mobile tax filing system.

Per VentureBeat by Sensor Tower, TurboTax made $560,000 in just one day during February,and this was just at the beginning of the tax season. Sensor Tower specializes in providing information about mobile app store data.

The money made with this app has continued to increase over the last three years.  If the amount continues to go up, daily revenue could be in the millions by the  April deadline.

On the flip side, H&R Block isn’t seeing that much in revenues, per Sensor Tower.  When a representative from H&R was asked about this data, he answered by saying that H&R does not report its revenue data.  He also claimed that Sensor Tower’s information was wrong. TurboTax did not comment about this data.

When it comes to customer satisfaction, TurboTax has received high ratings over all mobile devices.  H&R Block’s ratings are not as high.  Also, TurboTax has been reviewed more times.

TurboTax has decided to go mobile first, and this is helping them to gain more revenues.  The mobile tax filing app is free to download for both TurboTax and H&R Block.