Useful Tax Information
Returning User
When you sign in as a returning client all of the prior year information will be brought forward. So, be sure to sign in as “Returning user”. If you have forgotten your username or password from last year, in the block “Returning user” you will see a link “Forgot username or password”. Just click on the link and it will ask you for the Primary Taxpayer Social Security Number, Birthday, and email that you used last year. At that point you can retrieve your username or password.
Economic Stimulus Payment
Also you may not recall how much you received from the Economic stimulus payment. If so, here is the link to the IRS web page "How much was my stimulus payment" . This information is required and must be accurate!
PIN Numbers:
If you have forgotten your PIN number from last year, call the IRS at 800-829-1040 for help, unless you know your 2007 AGI or your 2007 PIN. Once you provide certain identifying information, you may receive your 2007 AGI amount or PIN over the phone. You should ask for the AGI as originally filed on your tax return (before any adjustments). You may also request a free transcript of your 2007 return. You should allow 7 to 10 days to receive the transcript.
To get your AGI from your 2007 return, please refer to:
- Line 4 if you filed a Form 1040EZ
- Line 37 if you filed a Form 1040
- Line 21 if you filed a Form 1040A
If you amended your return, use the AGI filed with your original return prior to any adjustments.
As an alternative to your 2007 AGI, if you e-filed last year, you may choose to enter the PIN you used. For more information, see Self-Select PIN Method for e-file.
Also if you filed with us last year we have provided a link to view your previous year (2007 Tax Year) return. When you come to the efile option this link will be provided to you.
Tax Tip of The Week:
What Tax Records to Keep
You probably already keep records in your daily routine. This includes keeping receipts for purchases and recording information in your checkbook. Keeping these and other records will help you avoid headaches at tax time. Good recordkeeping will help you remember the various transactions you made during the year, which in turn may make filing your return a less taxing experience.
Records help you document the deductions you've claimed on your return. You'll need this documentation should the IRS select your return for examination. Normally, tax records should be kept for three years, but some documents, such as records relating to a home purchase or sale, stock transactions, IRA and business or rental property, should be kept longer.
In most cases, the IRS does not require you to keep records in any special mann er. Generally speaking, however, you should keep any and all documents that may have an impact on your federal tax return:
- Bills
- Credit card and other receipts
- Invoices
- Mileage logs
- Canceled, imaged or substitute checks or any other proof of payment
- Any other records to support deductions or credits you claim on your return
Good recordkeeping throughout the year saves you time and effort at tax time when organizing and completing your return. If you hire a paid professional to complete your return, the records you have kept will assist the preparer in quickly and accurately completing your return.
For more information on what kinds of records to keep, see IRS Publication 552, Recordkeeping for Individuals, which is available on IRS.gov or by calling 800-TAX-FORM (800-829-3676).
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