Here’s what you need to know about this year’s complicated tax season to file your return correctly.
Filing as soon as possible is the fastest way to get your refund. The IRS says refunds should be sent in 21 days for people who file electronically and select to get any money owed to them directly deposited into a bank account.
If you're not sure what you need to report, there are a few things you can do. Checking your tax return from last year can be a good place to start, but be aware that there have been some changes due to pandemic relief that might mean you need more or different forms to file this year. For this benefit, parents should make sure that they have saved receipts for what they spent on child care last year, said Miller.Some young adults without children are also newly able to claim, which could result in an extra $820 on average to their refund.
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