Tax forms can be a bit confusing. They change frequently and become a real pain in the back. However there are a few pieces of software that can make it easier but there are still things to be prepared first.
- Gather all your documents and keep them close by. You will need them.
- Get your W2 Tax form from your employer. You will need this one too.
- Prepare the 1099 forms.
- Gather all your receipts and tax reduction receipts.
You will need all of the above documents to get the 1040 form filled.
If it gets too complicated, asking for the help of a tax preparer. In case your yearly income is $57,000 or less, you can file tax returns for free. Also, tax preparation is done for free.
If doing the 1040 on paper is too challenging, using online software can make it easier as it will automatically make the calculations based on the information's filled in the forms.