How to get your tax return out the door faster — and get your refund sooner
For instance, a delayed 1099-B fromFurther, investors in partnerships generally have to wait until they get aThese taxpayers tend to go on extension.Whether you itemize or not, you'll need a few supporting documents to claim certain deductions and credits.
For instance, if you want to claim the dependent care tax credit, you'll need to contact your childcare provider for their tax ID and a total of what you paid.Further, those who donated to their favorite causes and wish to claim a charitable deduction must have theThe Tax Cuts and Jobs Act raised the bar on who will itemize, as you now must surpass the standard deduction of $12,200 for singles or $24,400 for married filing jointly to do so.
Either way, you won't know if you qualify to take itemized deductions until you tally up your expenses. "Get a central repository for everything that comes in the mail or a digital folder at your desktop for electronic forms that come in so they are all in one place," said Guglielmetti.
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