Frequently Asked Questions

Frequently Asked Questions – Personal Tax Returns

Q1 Do I need to file a tax return?

A: You may need to file if your income exceeds a certain threshold based on your age and filing status. Even if you're not required, it can be beneficial to file if you had taxes withheld or qualify for credits like the Earned Income Credit (EIC) or Child Tax Credit.

Q2: What documents do I need to file my return?

A: Common documents include:

W-2s from employers
1099s for contract work, interest, dividends, or unemployment
SSA-1099 for Social Security income
1098 for mortgage interest or tuition payments
Receipts for deductions (e.g., medical, charitable donations)
Photo ID and Social Security numbers for you and any dependents

Q3: What’s the difference between a credit and a deduction?

A: A deduction reduces your taxable income, while a credit directly reduces the tax you owe. Credits are usually more valuable.

Q4: Can I file taxes if I don’t have a Social Security number?

A: Yes, you can apply for an ITIN (Individual Taxpayer Identification Number) if you’re not eligible for a Social Security number but still need to file taxes or claim dependents.

Q5: I was paid in cash—do I still have to report it?

A: Yes. All income must be reported, even if you were paid in cash and didn’t receive a 1099.

Q6: I didn’t work all year—can I still file a return?

A: Yes, and you might still qualify for refundable credits. Filing also helps with things like financial aid or immigration documentation.

Q7: How long does it take to get my refund?

A: E-filed returns with direct deposit usually take 7–21 days. Paper returns or those with errors may take longer.

Q8: Can I file past-year tax returns?

A: Yes! You can file tax returns for the past 3 years to claim a refund, and longer if you owe.

Q9: What if I can’t afford to pay my taxes?

A: File anyway. You may be eligible for a payment plan, temporary hardship status, or an Offer in Compromise.

Q10: What happens if I make a mistake on my return?

A: You can file an amended return (Form 1040-X) to correct errors. Always keep copies of both original and amended returns.