1. How Do I File a Federal Tax Return?
The taxpayers can file their federal tax return electronically using the IRS e-file, or they can file a paper return. The process for filing a paper return is the same as an electronic return, but the taxpayer will need to print out and mail their return to the IRS.
2. When Are Federal Tax Returns Due?
Federal tax returns are due on April 15th of each year. However, taxpayers can request an extension if they need more time to file their returns. Extensions are typically granted for six months, but taxpayers may need to provide additional information to the IRS if they request an extension.
3. What Happens if I Don’t File a Federal Tax Return?
If taxpayers do not file a tax return, they may be subject to late fees and penalties. In addition, the IRS may initiate collection proceedings against the taxpayer.
4. When Can I Expect The Federal Tax Refund?
The IRS issues most refunds in less than 21 days, although some taxpayers may experience delays.
5. How Do I Check My Federal Tax Refund Status?
You can check the status of your federal tax refund by using the “Where’s My Refund?” tool on the IRS website. You’ll need to provide your Social Security number, filing status, and your refund amount.
6. Can I File My Federal Taxes electronically?
You can file your federal tax return electronically using the IRS e-file system. E-filing is the fastest and most accurate way to file your return, and it’s available to taxpayers who file Form 1040, 1040A, or 1040EZ.
7. What Do I Need to Include With My Federal Tax Return?
When you file your federal tax return, you’ll need to include any applicable forms and schedules. For example, if you’re claiming a deduction or credit, you’ll need to include the appropriate form (e.g., Form 1040).
8. How Do I File My Federal Tax Return if I Have Self-Employment Income?
If you have self-employment income, you’ll need to file Form 1040 and Schedule C with your return. You may also need to pay self-employment tax if your net earnings from self-employment are $400 or more.
Get Started Now
If you’re looking for help filing your federal tax return, look no further than Akron Income Tax Co. Our tax experts are here to help you every step of the way, from start to finish. We’ll make sure that everything is filed correctly and on time so you can get your maximum refund. Contact us to get started today.