Filing early is more important than ever this 2023 tax season.
Get Your Tax Refund Faster
Despite falling inflation, many Americans are still struggling financially and will need their annual tax refund to support their basic needs. This 2023, millions of Americans begin to get their bills and tax filings ready so they don’t find themselves rushing in the last few days before the deadline, especially if they’re looking to receive a tax refund.
Waiting for a tax refund can be a hassle, but fortunately, there are a couple of things that a taxpayer can do to speed up the process. The first technique is to file your return as early as you can. The sooner you file your tax return, the sooner you’ll get any tax refund due. That’s because your return will be closer to the front of the line, rather than toward the back.
Here’s How To Get Your Tax Faster And Avoid Delays
Those who file their tax return as early as possible to the IRS can get their money sooner while waiting to file your tax return can allow scammers to file a fake tax return on your behalf. To speed up the refund procedure even further, e-file your tax return. Paper returns slow things down considerably. There are several ways to file electronically. Most importantly find a professional tax preparer to file an electronic return for you however, it’s the most expensive route.
Elderly people who earn $58,000 or less, disabled people, and taxpayers with low English proficiency may also qualify for free tax assistance and e-filing through the IRS’s Tax Counseling for the Elderly and Volunteer Income Tax Assistance programs. There are also several e-filing options for the “do it yourself” crowds, such as using a commercial tax software product like TurboTax or forms software on the IRS website.
If your 2021 adjusted gross income is $72,000 or less, you can use the file of your federal return for free. To use the Free File service from the IRS, a person must have an adjusted gross income below $72,000, giving them a brand-name tax-prep software that helps them prepare and file their return electronically.