 |
Would you like to speed up your e-file and refund process? On-Line Taxes, Inc. at www.olt.com offers tips to help you get your refund faster!
- Make a list of what you will need to be completely ready to
file online. For example:- W2's
- Bank 1099's
- Home loan statement
- Charitable donation documentation
- Investment statements
- Locate social security cards for you, your spouse, and your
dependents (names and numbers must match IRS records). - If someone else lived in your home, they may also count as a
dependent. Read the rules. - Gather the amount of your child-care expenses and provider
tax ID to get the full Child Care Credit. - Pull last year’s tax return to compare to this year. It also
has the information you need to utilize the PIN program for paperless filing. - If you own a house, have large contributions or paid high
sales tax, try the itemized deductions Schedule A and compare the total to the Standard deduction. You may be surprised to learn that itemizing is for you! - Make a list of life changes. Did you get married? Have a
child? Purchase a home? Sell a home? Set aside money for someone's education? Save for retirement? Make a contribution to charity? - Be aware that tax rules have changed. Exemption amounts
have increased, standard deductions have increased, and the standard mileage rate has increased. - Make up your mind to “Do it now”. You can file with IRS
using www.olt.com starting January 16, 2008 for your 2008 Income Tax Return. - Relax! You really can do your own taxes. If you have questions or
problems, contact our Customer Support for help!
|