The US tax filing deadline is fast approaching. Taxpayers who need more time can file for an extension until October 16, 2023. It's important to remember that an extension to file is not an extension to pay; taxes owed are still due by the original deadline.
To prepare your return, gather all necessary documents, including W-2s, records of deductions, and a copy of last year's tax return. For added security, consider obtaining an IRS Identity Protection PIN to help prevent identity theft. Ensure that all Social Security information is accurate to avoid processing delays.
If your income is $73,000 or less, you can use the IRS Free File program, which offers free guided tax preparation. Free tax help is also available through the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs for those who qualify. Low-income taxpayers can also seek assistance from Low Income Taxpayer Clinics (LITCs) which can assist with resolving tax problems.