With tax season underway, the Internal Revenue Service (IRS) issued a statement recommending taxpayers use its suite of online resources to assist in filing their 2021 federal tax returns. The IRS is also featuring a special page outlining steps taxpayers can take before filing to make the process easier. Take a look at the IRS’ filing tools and how they can help to simplify tax season for you.

1. Online Accounts

Whether it’s time to file a return or check in on balances, taxpayers can sign in to their Online Account for answers. This tool allows individuals to make and track payments, as well as look into payment plans. A user’s Online Account is also the place to update their communication preferences for IRS notices, including opting in for paperless communications or email notifications.

 2. Interactive Tax Assistant

If you have questions about determining your taxable income or whether you’re eligible to claim credits or deductions, the Interactive Tax Assistant can help. 2021 was an eventful year that introduced new tax credits and deductions, which could ultimately put more money in your pocket.

3. IRS Free File

Individuals who earned $73,000 or less in 2021 may qualify for the IRS Free File program. This includes free access to brand-name tax preparation software that automatically uncovers a taxpayer’s deductions, credits and exemptions. Taxpayers who are comfortable filling out their own tax forms can use Free File Fillable Forms, federal tax forms to file their returns online, no matter their income.

4. Where’s My Refund?

As its name indicates, this tool allows taxpayers to track the status of their tax refund. Within 24 hours of the IRS accepting an e-filed tax return or up to four weeks after receipt of a paper return, users can find out when they can anticipate receiving their refund.

5. Direct Deposit

To help cut down on paper refund checks and accelerate the refund process, the IRS recommends taxpayers opt into direct deposit. Individuals can sign up for direct deposit with a bank account, prepaid debit card or mobile app and will simply need to provide their routing and account numbers to get started.

On Your Side

With individuals urged to file electronically now more than ever, the IRS recommends enlisting a trusted tax professional (like those at Doeren Mayhew) to help you navigate the filing process. After all, filing an incorrect or incomplete return may lead to processing delays that stall your resulting tax refund. Contact Doeren Mayhew’s trusted tax advisors today to assist with your overall tax compliance and filing needs.