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IRS offers last-minute tips for taxpayers who waited to file

Post by C.R. Roberts / The News Tribune on April 16, 2012 at 2:28 pm |
April 16, 2012 2:28 pm

Tax procrastinators: your day is nigh – albeit two days later than usual, which probably didn’t make much difference to you because you would have waited until the last minute anyway.

And if the shoe fits, then David Tucker of the Seattle office of the Internal Revenue Service has a few tips.

“If you are just now filing your tax return, it’s important to review your return carefully,” Tucker said. “There may be deductions and credits you are eligible for that will help reduce any tax liability.”

1. File electronically. Filing electronically, whether through e-file or IRS Free File, vastly reduces tax return errors, as the tax software does the calculations, flags common errors and prompts taxpayers for missing information
2. Mail a paper return to the right address. Paper filers should check the appropriate address at www.irs.gov/file/index.html.
3. Take a close look at the tax tables. Fill in all requested information clearly.
4. Review all figures. Double-check the math.
5. Get the right routing and account numbers if you’re requesting direct deposit of your refund. Incorrect numbers can cause a refund to be delayed or deposited into the wrong account.
6. Sign and date the return. If filing a joint return, both spouses must sign and date the return. E-filers can sign using a self-selected personal identification number.
7. Attach all required forms. Paper filers need to attach W-2s and other forms that reflect tax withholding, to the front of their returns. If requesting a payment agreement with the IRS, also attach Form 9465 or Form 9465-FS to the front of the return.
8. Keep a copy of the return.
9. If you still need more time, request a filing extension. For taxpayers who cannot meet the April 17 deadline, requesting a filing extension is easy and will prevent late filing penalties. Either use Free File or Form 4868. Remember that while an extension grants additional time to file, tax payments are still due April 17.
10. Owe tax? If so, a number of e-payment options are available, including payment by credit card. Make your check or money order payable to the “United States Treasury.”
Questions? Go to www.irs.gov for more information.

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