{"id":22749,"date":"2023-12-01T18:30:56","date_gmt":"2023-12-01T23:30:56","guid":{"rendered":"https:\/\/blog.eztaxreturn.com\/?p=22749"},"modified":"2024-12-03T06:27:13","modified_gmt":"2024-12-03T06:27:13","slug":"heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024","status":"publish","type":"post","link":"https:\/\/staging.eztaxreturn.com\/blog\/heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024\/","title":{"rendered":"Here\u2019s What You Can Do Now to Get Ready to File Taxes in 2024"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Now that the 2023 tax season is over, we\u2019re looking ahead to next year. There are steps you can take now to make sure your <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/last-minute-tax-filing-tips\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">tax filing<\/a> experience goes smoothly in 2024. By organizing your financial documents and keeping track of deductible expenses, you can save yourself time and stress next year. It\u2019s also a good idea to review any tax law changes that might impact your return to ensure there are no surprises. Taking these small steps can help you <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/get-ready-to-file-taxes-what-to-do-before-the-tax-year-ends\/\">prepare for taxes before yearend<\/a> and set you up for a hassle-free filing experience.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-check-your-withholding-and-make-any-adjustments\"><strong>Check Your Withholding and Make Any Adjustments<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Your <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/income-tax-withholding-and-estimated-tax-payments\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">tax withholding<\/a> determines how much is taken out of your paychecks for taxes each month. How much you should withhold will depend on your filing status and annual income. It\u2019s especially important to check your withholding if you:<br>&nbsp; \u2022 Received a smaller refund than expected after filing your 2022 taxes this year.<br>&nbsp; \u2022 Owed an unexpected tax bill in 2023.<br>&nbsp; \u2022 Experienced personal or financial changes that might change your <a href=\"https:\/\/www.eztaxreturn.com\/resources\/tax-terms.html#taxhome\" target=\"_blank\" rel=\"noreferrer noopener\">tax liability<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You may owe an unexpected tax bill when they file their 2023 tax return next year, if you didn\u2019t have enough withheld throughout the year. To avoid this kind of surprise, taxpayers should use the <a href=\"https:\/\/www.irs.gov\/individuals\/tax-withholding-estimator\" target=\"_blank\" rel=\"noreferrer noopener\">Tax Withholding Estimator<\/a> to perform a quick paycheck or pension income checkup. Doing so can help you decide if you need to adjust your withholding or make estimated or additional <a href=\"https:\/\/www.irs.gov\/payments\" target=\"_blank\" rel=\"noreferrer noopener\">tax payments<\/a> now. This tool provides an easy way to ensure you are meeting your tax obligations and avoiding potential penalties for underpayment. Having the <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/do-i-have-to-file-taxes\/\">filing taxes requirements explained<\/a> through helpful resources like this can make the process more manageable and reduce the stress of tax season. Taking these proactive steps now can set you up for a smoother experience when it\u2019s time to file your 2023 tax return.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-fe48e5de wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-font-size has-medium-font-size\"><a class=\"wp-block-button__link has-white-color has-luminous-vivid-orange-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.eztaxreturn.com\/offers_plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pre-Register Now<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-organize-your-tax-documents-nbsp\"><strong>Organize Your Tax Documents&nbsp;<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The off-season is a great time to organize your tax files so you\u2019re ready for next year. Keep a clear <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/irs-offers-tips-for-safeguarding-tax-records\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">recordkeeping system<\/a>. Whether it\u2019s electronic or paper, use a system to keep all important information in one place. Having all needed documents and <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/2023-beginners-guide-to-common-irs-forms\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">IRS forms<\/a> on hand before you prepare your return will help you file a complete and accurate tax return.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This includes:<br>&nbsp; \u2022 Your 2022 <a href=\"https:\/\/www.eztaxreturn.com\/resources\/tax-terms.html#taxrefund\" target=\"_blank\" rel=\"noreferrer noopener\">tax return<\/a>.<br>&nbsp; \u2022 <a href=\"https:\/\/www.eztaxreturn.com\/resources\/tax-terms.html#formW4\" target=\"_blank\" rel=\"noreferrer noopener\">Form W-2<\/a> from employers.<br>&nbsp; \u2022 <a href=\"https:\/\/www.eztaxreturn.com\/resources\/tax-terms.html#form1040\" target=\"_blank\" rel=\"noreferrer noopener\">Form 1099<\/a> from banks and other payers.<br>&nbsp; \u2022 <a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-form-1095-a\" target=\"_blank\" rel=\"noreferrer noopener\">Forms 1095-A<\/a> from the marketplace for those claiming the premium tax credit.<br>&nbsp; \u2022 <a href=\"https:\/\/www.irs.gov\/forms-pubs\/about-form-1099-nec\" target=\"_blank\" rel=\"noreferrer noopener\">Form 1099-NEC<\/a>, Nonemployee Compensation<br>&nbsp; \u2022 <a href=\"https:\/\/www.irs.gov\/newsroom\/keep-economic-impact-payment-notice-with-other-tax-records\" target=\"_blank\" rel=\"noreferrer noopener\">Notice 1444<\/a>, Your Economic Impact Payment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/staging.eztaxreturn.com\/blog\/income-taxable-or-non-taxable\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">Most income is taxable<\/a>, including <a href=\"https:\/\/www.irs.gov\/newsroom\/irs-unemployment-compensation-is-taxable-have-tax-withheld-now-and-avoid-a-tax-time-surprise\" target=\"_blank\" rel=\"noreferrer noopener\">unemployment compensation<\/a>, refund interest, and income from the <a href=\"https:\/\/www.irs.gov\/businesses\/gig-economy-tax-center\" target=\"_blank\" rel=\"noreferrer noopener\">gig economy<\/a> and <a href=\"https:\/\/www.irs.gov\/businesses\/small-businesses-self-employed\/digital-assets\" target=\"_blank\" rel=\"noreferrer noopener\">virtual currencies<\/a>. Therefore, taxpayers should also gather any documents from these types of earnings. Keep copies of your tax returns and all supporting documents for at least three years.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-confirm-mailing-and-email-addresses\"><strong>Confirm Mailing and Email Addresses<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To make sure you receive your <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/2023-beginners-guide-to-common-irs-forms\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">IRS forms<\/a>\u00a0on time, confirm now that each employer, bank, and other payer have your current mailing address or email address. Typically, forms start arriving by mail or are available online in January.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-check-your-individual-tax-identification-number-itin\"><strong>Check Your Individual Tax Identification Number (ITIN)<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">An ITIN is a tax processing number issued by the Internal Revenue Service for those who do not have (and are not eligible for) a social security number. If you have an ITIN, double-check it\u2019s expiration date. If it is expired, you will need to renew it.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Note: ITINs with middle digits 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 87, or 88 have expired. In addition, ITINs with middle digits 90, 91, 92, 94, 95, 96, 97, 98, or 99, if assigned before 2013, have expired.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you don\u2019t renew your ITIN, the IRS can still process your tax return, but it may take longer to process and\/or issue any credits or refunds owed.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-set-up-direct-deposit-for-faster-returns\"><strong>Set Up Direct Deposit for Faster Returns<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The fastest way to get your return is to <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/5-great-reasons-to-e-file-your-taxes\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">e-file<\/a> and <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/get-your-tax-refund-up-to-5-days-faster-with-direct-deposit-on-a-netspend-visa-prepaid-card\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">set up direct deposit<\/a>. You can have the IRS deposit your refund to up to three different bank accounts. Simply select direct deposit on your e-filing solution (ezTaxReturn makes it easy!) and enter your account and routing numbers.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.irs.gov\/refunds\/get-your-refund-faster-tell-irs-to-direct-deposit-your-refund-to-one-two-or-three-accounts\" target=\"_blank\" rel=\"noreferrer noopener\">Direct deposit<\/a> is fast and secure\u2014which is why 8 out of 10 taxpayers use it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s never too soon to <a href=\"https:\/\/staging.eztaxreturn.com\/blog\/tax-prep-checklist-everything-you-need-to-save-time-money-on-your-return\/?utm_source=blog&amp;utm_medium=blog&amp;utm_term=getready2024&amp;gid=getready2024\" target=\"_blank\" rel=\"noreferrer noopener\">start prepping for the next tax year<\/a>. Set yourself up for success in 2024 with these tips. And when you\u2019re ready, start your free tax filing with ezTaxReturn.&nbsp;&nbsp;<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\" id=\"h-file-your-taxes-fast-ez-and-hassle-free\">File your taxes fast, ez and hassle-free.<\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-fe48e5de wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-font-size has-medium-font-size\"><a class=\"wp-block-button__link has-white-color has-luminous-vivid-orange-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.eztaxreturn.com\/offers_plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pre-Register Now<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\">The articles and content published on this blog are provided for informational purposes only. The information presented is not intended to be, and should not be taken as, legal, financial, or professional advice. Readers are advised to seek appropriate professional guidance and conduct their own due diligence before making any decisions based on the information provided.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now that the 2023 tax season is over, we\u2019re looking ahead to next year. There are steps you can take now to make sure your tax filing experience goes smoothly in 2024. By organizing your financial documents and keeping track of deductible expenses, you can save yourself time and stress next year. It\u2019s also a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":37050,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[15],"tags":[],"class_list":["post-22749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-tips-and-planning"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v20.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Here\u2019s What You Can Do Now to Get Ready to File Taxes in 2024<\/title>\n<meta name=\"description\" content=\"Year round tax planning can make the filing process go smoother. Here are some steps you can take now to get ready to file taxes in 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.eztaxreturn.com\/blog\/heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here\u2019s What You Can Do Now to Get Ready to File Taxes in 2024\" \/>\n<meta property=\"og:description\" content=\"Year round tax planning can make the filing process go smoother. Here are some steps you can take now to get ready to file taxes in 2024.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.eztaxreturn.com\/blog\/heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"ezTaxReturn.com Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ezTaxReturn\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-01T23:30:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-03T06:27:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/staging.eztaxreturn.com\/blog\/wp-content\/uploads\/2023\/04\/Get-Ready-to-File-Taxes-in-2024.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"ezTaxReturn Expert Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ezTaxReturn\" \/>\n<meta name=\"twitter:site\" content=\"@ezTaxReturn\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ezTaxReturn Expert Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/staging.eztaxreturn.com\/blog\/heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/staging.eztaxreturn.com\/blog\/heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024\/\"},\"author\":{\"name\":\"ezTaxReturn Expert Staff\",\"@id\":\"https:\/\/staging.eztaxreturn.com\/blog\/#\/schema\/person\/53293fc1f8f3940b232359e95b10360b\"},\"headline\":\"Here\u2019s What You Can Do Now to Get Ready to File Taxes in 2024\",\"datePublished\":\"2023-12-01T23:30:56+00:00\",\"dateModified\":\"2024-12-03T06:27:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/staging.eztaxreturn.com\/blog\/heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024\/\"},\"wordCount\":803,\"publisher\":{\"@id\":\"https:\/\/staging.eztaxreturn.com\/blog\/#organization\"},\"articleSection\":[\"Tax Tips &amp; Planning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/staging.eztaxreturn.com\/blog\/heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024\/\",\"url\":\"https:\/\/staging.eztaxreturn.com\/blog\/heres-what-you-can-do-now-to-get-ready-to-file-taxes-in-2024\/\",\"name\":\"Here\u2019s What You Can Do Now to Get Ready to File Taxes in 2024\",\"isPartOf\":{\"@id\":\"https:\/\/staging.eztaxreturn.com\/blog\/#website\"},\"datePublished\":\"2023-12-01T23:30:56+00:00\",\"dateModified\":\"2024-12-03T06:27:13+00:00\",\"description\":\"Year round tax planning can make the filing process go smoother. 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