Filing a 2020 Tax Return, Even if You Dont Have to, Could Put Money in Your Pocket Internal Revenue Service

Yes, you may request the same Live Full Service Expert you worked with in previous tax years.

  • If you ever discover an error on a tax return, realize you qualify for deductions or credits you didn’t take, or forgot to include some income, you may be able to amend your return by filing a Form 1040-X.
  • You complete your tax return by finishing all 3 Steps in the File section.
  • After your refund is issued, if you’re eligible, you’ll get another payment shortly afterward for the third Economic Impact Payment.

If you haven’t filed a tax return for tax year 2017 and had any money withheld from your paychecks or are eligible for tax credits, you need to file by May 17, 2021. If you don’t, the money is forfeited, by law, and becomes property of the U.S. When you use TurboTax to prepare your amended return, you don’t need to know all the details. Once you indicate that you’re turbotax 2020 tax return preparing an amended return, the software will help you fill out Form 1040-X and any supporting forms as you make changes to your income and deductions. Before filing an amended return, make sure the IRS has already processed the tax return you need to amend. That way, it will be less likely that the IRS will get your original return and amended return mixed up.

How do I file a 2021, 2020, or 2019 tax return?

The projection tool that tells how long it will take to finish your taxes is extremely amazing, for me it was a motivator to keep going. Insofar as the software goes, I’ve used turbo tax my entire adult life and it’s by far the best software I’ve used since basically college. My only quarrel however are the occasional hidden costs that easily creep up on you, but again, for what it’s worth, I’d rather enjoy the peace of mind offered by knowing my taxes weren’t just filed fast but right also. To that effect, I’ve had no issues whatsoever using Turbo Tax in my 20+ years of using the software! Not to mention the added bonus of knowing that my taxes are saved away in a secure central repository for me to retrieve anytime as needed.

After choosing Live Full Service, we’ll ask you some questions to learn about your tax situation. We’ll create your personalized tax planner to start collecting the right docs and securely upload them to your account. Then you’ll have a welcome call with a tax prep assistant who can help you finish uploading your docs and match you with a dedicated tax expert. If you don’t want to get started right away, you can schedule a call for a time that works best for you. When you’re ready to connect with your tax expert, you can talk to them over the phone or on a one-way video call. They’ll ask questions, get the details they need, and prepare your return.

Supports

From there, the software will walk you through the process of filing the amendment. If you didn’t file using TurboTax and can’t locate a copy of your return, you can order a copy of your tax transcript using the Get Transcript tool on the IRS.gov website. Your transcript shows most of the lines from your tax return, including income, deductions, credits, and tax payments. The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice. Page 2 of Form 4506 requires you to mail your request to the address listed for the state you lived in when you filed the original return.

  • The actual work of doing your taxes mostly involves rifling through various IRS forms you get in the mail.
  • Online tax preparation and e-filing for 2020 returns is now permanently closed.
  • The Free File platforms are starting to accept tax returns, but wont transmit until Feb. 12.

When you answer the questions in Free File, you may also find that you’re eligible for other tax credits which may mean a bigger refund. The IRS will process your tax return once you’ve submitted it and issue your refund. This means you can expect two payments because the 2020 Recovery Rebate Credit is paid as part of your tax refund. After your refund is issued, if you’re eligible, you’ll get another payment shortly afterward for the third Economic Impact Payment.

Get your max refund

I’ve tried to get in contact with customer service line – received no call back. Countries like Denmark, Sweden, Estonia, Chile, and Spain already offer “pre-populated returns” to their citizens. The United Kingdom, Germany, and Japan have exact enough tax withholding procedures that most people don’t have to file income tax returns at all, whether pre-populated or not. California has a voluntary return-free filing program called ReadyReturn for its income taxes.