If you want to speed up your tax refund, this guide on IRS tax refund schedule dates for 2014 and 2015 will surely be of great interest to you.
The Internal Revenue Service (IRS), the revenue service of the United States federal government, opened up the 2014 tax filing season on January 20, 2015. The IRS does not forecast delays in refund and it is imperative for the taxpayers to file their returns electronically. Taxpayers are advised to use direct deposit as the quickest way to get their tax refunds. The Internal Revenue Service expects to issue 90 percent tax refunds in 21 days or less.
Here are some tips for you to speed up your refund:
- The first thing is to get all documents together. This will not only save valuable time and efforts, but it will also make the process quicker. All you need is to get all paperwork done, in all aspects. File your return as soon as you get your W-2 or 1099 form.
- It is important for you to have all receipts (such as medical expenses, charity donations, day camp for kids, etc.) at hand before you go online to prepare taxes.
- Put more money into your nest egg. For instance, an Individual Retirement Account (IRA) could maximize your tax refund. You can contribute to IRA until the day you file your taxes.
- It is very important for you to enter the right information at the right place. Always make it a point to cross-check information like social security numbers for yourself, dependents, and spouse so that you don’t miss out on tax deductions and credits.
The best way to get quick tax refunds is to prepare and file your taxes with TurboTax online. TurboTax is the number one American tax preparation software package that is used by millions of Americans to quickly and accurately prepare and file their income tax returns after claiming deductions to get tax refunds.
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