March is the important time of year for most US people worried: a time to prepare and start thinking about filing tax return. Tax deduction, benefits, credit are among the biggest challenge for any American. For newbies, filing tax return could be even more problematic.
Three luminous advice as following might be useful for immigrants live in US:
Advice No. 1: Please do not file tax return yourself
As almost people think use tax software programs are easy to follow, just read carefully instructions on internet. It such as great option for who looking to save money. However, miss out on eligible credits and deduction are common problem we see. Moreover, users could face with Government Auditors by rules violation .
Advice No. 2: As Soon As Possible
procrastination is not a good way to file your tax return. Missing to report an income slip report on time to IRS could be pay more than 10% of the income you missed reporting
Advice No.3: Don’t think I am poor. I don’t need to file a tax return
In the case you think you have not income to report, not filing a tax return means missing out the benefits from US Government. It is better idea to file an income tax return if you over 19 years old.
Source:
Three Lumnious Advices That New Immigrants Should Consider | TiroTax Blog