If you're like many, taxes aren't something you look forward to. You might owe taxes. You don't know all the forms and numbers you need. The paperwork leads to more paperwork. And the deadline looms.
Today, January 24, 2022, is the first day you can file personal taxes electronically. I didn't know that until my interview with Melissa, an accountant of nearly 30 years. She offers important information like deadlines, forms, and information you need to prepare and file your personal taxes.
For me taxes feel a bit like herding cats. I have all the things somewhere, but finding the things, putting them in order, and then putting the data in the correct box, it's dizzying. That's why I invited Melissa onto the show. We talked about all the things: who needs to file, deadlines, why filing electronically is in your best interest, and more.
If you have a working teenager, listen closely. She gave good information on that too. You need to catch that detail if you want to claim your teenager as a dependent.
If you're like me, I found myself a bit lost with all the 1090 forms she mentioned, but hang in there. You can print off a checklist of all the things you need after the episode. https://www.irs.gov/individuals/checklist-for-free-tax-return-preparation
Listen in, so you can be a little more prepared and confident when you do your 2021 taxes.
