Last-minute tax-filing tips
CNN
April 15 — or “Tax Day” as it’s known to most Americans — is now just a couple of days away.
April 15 — or “Tax Day” as it’s known to most Americans — is now just a couple of days away. While the IRS has already received a majority of the federal income tax returns typically filed by Tax Day — 101.422 million as of April 4, to be precise — US tax filers are expected to send in tens of millions more between now and Tuesday. If you are among them, and you’re planning on using the weekend and Monday to get to it, here are some last-minute tips to keep in mind. If you’re starting cold, make sure you pull together all the documents you’ll need to fill out your return. You’ll want to look for income reporting forms from your employer (a W-2 for your earnings) or from your clients if you’re self-employed as a freelancer or contractor (a 1099-NEC or 1099-MISC). You may even get a 1099-K from any payment apps you use like Venmo if you received payments for your goods or services. If you are receiving any income distributions from an IRA or pension, you should have a 1099-R. Also look for other 1099 forms from your bank and brokerage for other types of income you received during the year (e.g., interest, dividends and capital gains).
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