Best Tips for 2024 Efile

Tax season has arrived once again, bringing with it the anticipation of receiving a sizable tax refund. Get ahead of the game and 2024 Efile your taxes right now to secure your spot for an Efile tax refund. While the IRS has yet to start accepting 2024 Efiled tax returns, PriorTax is here to assist you. Rest assured that we will securely store your completed taxes, send them to the IRS, and inform you when they open for e-file. To help you stay motivated, we have compiled five handy tips to give you a head start on getting your tax refund.

Last year, the average tax refund amounted to over $3,000, a welcome boost to many individuals’ finances. To assist you in preparing for this tax season, we are pleased to announce that PriorTax is now open and ready to receive your 2024 Efile Tax returns.

1. Prepare your Tax Documents to 2024 Efile in a Single Shot

When it’s time to file your taxes, gathering all your necessary documents, forms, and receipts in a single location is important. This will ensure that you don’t notice everything important. If you work for yourself, keeping an eye out for Form 1099-NEC and other income reporting forms is incredibly crucial.

Before you begin the filing process, it’sgathering all your necessary forms and receipts for deductible expenses is essential. To make this task more engaging, here are five valuable tips to give you a head start on maximizing your tax refund:

One helpful suggestion is to have a designated folder beside the area where your mail is delivered. By doing this, you will be able to keep W-2s, 1099s, and other important documents conveniently in one place. Additionally, it is always wise to keep a copy of your previous year’s tax return handy, as it may be necessary to refer to your adjusted gross income from the prior tax year when filing.

As a valued PriorTax customer, you can expect the seamless transfer of your adjusted gross income to your current tax filing. Our dedicated free Tax Professional team is here to guide you through the entire process, ensuring that you understand the necessary steps and efficiently organize your documents according to your unique circumstances.

2. Remember What You Did Last Year

Recall the events and actions of the previous year. It is essential to ensure you have proper documentation for expenditures such as donations to charitable organizations and medical expenses when you commence the process of filing your taxes. These supplementary costs can result in a more substantial refund on your taxes.

3. Get your 2024 Efile Taxes Done

Getting your taxes done has never been easier than with PriorTax. No matter your circumstances or preferred filing method, PriorTax is here to assist you every step of the way. Whether you choose to tackle your taxes independently, receive guidance from a Tax Professional, or entrust them to a dedicated tax professional who can provide assistance either over the phone or in person, PriorTax ensures a seamless experience from start to finish.

4. Easy 2024 Tax EFiling with PriorTax

For individuals who have uncomplicated tax returns, with few credits and no need for additional forms or schedules, there is an opportunity to file federal and state taxes for maximum return using PriorTax with our Dedicated Tax Professional. Approximately 37% of taxpayers meet the criteria for eligibility.

Starting November 30, 2023, and continuing until March 31, 2024, individuals who possess a straightforward W2 or Form 1040 tax return, devoid of complex credits and without the need to include supplementary forms or schedules, will have the opportunity to obtain complimentary guidance from a tax professional as they navigate the tax process.

Intended for individuals who need to file tax returns and are eligible for different tax credits, PriorTax offers a user-friendly platform that simplifies the process. Whether you have to submit additional forms or schedules or not, our platform supports tax filing Form 1040. Our services cover uncomplicated returns which involve W-2 income, a small amount of interest, and dividend income that may or may not require the inclusion of Schedule B, the standard tax deduction, Earned Income Tax Credit,  Student Loan interest, and Child Tax Credit

5. Don’t Wait to 2024 EFile your Taxes

It is essential not to delay in tax filing your taxes as the average direct deposit tax refund exceeded $3,000 last year. It is crucial to note that choosing to 2024 Efile tax with direct deposit ensures the fastest receipt of your federal tax refund. According to the IRS, nine out of 10 taxpayers who 2024 Efile tax with direct deposit can expect to receive their federal tax refund within 21 days or even less.

No matter which steps you took in the previous year, PriorTaxTax is here to ensure they have a significant impact on your tax returns. Whether you prefer handling your taxes independently or entrusting PriorTax’s dedicated Tax Professionals with the task, rest assured that we will maximize your tax refund and ensure you with every dollar you are entitled to.

This entry was posted on Thursday, January 11th, 2024 at 8:00 am and is filed under Tax Deductions and Credits, Tax News, Tax Year 2023. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.