Steps

  1. Start a paper or digital folder for this year's taxes in early January.
  2. Put last year's return in it first; it shows which forms to expect.
  3. Add the wage form from each employer as it arrives.
  4. Add forms for freelance, interest, investment or other income.
  5. Add statements for mortgage interest, student loan interest and tuition if they apply.
  6. Add records of expenses you plan to ask about, and your bank details for a refund.
  7. Choose how to file: the federal tax agency's free options, software or a paid preparer, and file by mid-April or request an extension.

Stop and call a professional if

Questions to ask the professional

Common mistakes

Outside the US or in another state: US federal and state tax rules and deadlines apply here; other countries use different forms and dates.

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Your checklist

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Quick quiz

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1. Why keep last year's return in the folder?
2. When should you file?
3. Does an extension give more time to pay?

Related skills

Sources

Written in our own words from the sources above. It is general information, not advice for your situation; where a professional, your doctor or your lease says something different, follow them.

Last reviewed . First published .