taxes

Video: Getting organized for the tax year

 

 

April 15th is coming up quick, but don't panic, you will have time to get all your important paperwork together in order to file your 2010 taxes.

The IRS is mainly interested in how much money you made. Your employer will send you a W-2 with that information, as well as how much in taxes was withheld from your pay. Be on the lookout for this form, which should arrive in your snail mail or e-mail box by late January.

If you itemize, start gathering receipts. These documents will help ensure you don't miss any deduction. And if the IRS has questions, your receipts will back you up.

The IRS is all about numbers, especially Social Security numbers. Make sure you have tax IDs for everyone in your family or your refund could be delayed or even reduced.

For more ways to prepare to file you tax return, check out the tax guide at Bankrate.com.

« Back to the Tax Laws & The IRS page

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Convertible drivers more educated

Convertible drivers are more educated and more affluent than the average new car buyer.  ... Read more


Connect with us