100 Tax Questions & Answers
Your quick, client-friendly guide to the most frequently asked tax questions.
Q1: What documents do I need to bring for tax preparation?
Bring all W-2s, 1099s, Social Security statements, mortgage statements, student loan interest forms, last year’s return, proof of deductions (receipts, mileage logs), and identification (photo ID and Social Security card).
Q2: When is the tax filing deadline?
Usually April 15. If it falls on a weekend or holiday, the deadline moves to the next business day.
Q3: What happens if I miss the filing deadline?
You may face late filing penalties and interest. If you’re owed a refund, there’s no penalty, but you must file within 3 years to claim it.
Q4: Can you file my taxes electronically?
Yes. E-filing is secure and the fastest way to process returns and refunds.
Q5: How long does it take to get my refund?
If you e-file and choose direct deposit, refunds typically take 7–21 days. Paper filing takes longer.
Q6: What if I owe taxes—when is the payment due?
Taxes are due on the filing deadline (April 15). Paying late results in penalties and interest.
Q7: Can you file for an extension?
Yes, file Form 4868 for a 6-month extension to file. It does not extend the time to pay.
Q8: Do I still need to file taxes if I earned very little?
If your income is below the IRS filing threshold, you may not be required to file—but filing could get you a refund or credits.
Q9: Do I need to file taxes if I live abroad?
Yes. U.S. citizens and green card holders must file regardless of where they live. You may qualify for the Foreign Earned Income Exclusion or Foreign Tax Credit.
Q10: How do I check the status of my refund?
Use the IRS “Where’s My Refund?” tool at IRS.gov or call 1-800-829-1954.
Q11: Do I need to report cash income?
Yes. All income, including cash, must be reported to the IRS.
Q12: What if I have multiple W-2s?
You must report all W-2s. The IRS receives copies from employers, so leaving one out can trigger a notice.
Q13: How do I report 1099 income?
Report Form 1099-NEC income on Schedule C (self-employment). Certain 1099s may go on Schedule E/F depending on type.
Q14: I drive for Uber/Lyft—how is that income reported?
You’ll receive a 1099; report ride earnings, tips, and fees on Schedule C. Deduct eligible expenses (mileage, fees, phone, etc.).
Q15: Do I have to report tips?
Yes. Tips are taxable income and must be reported.
Q100: How do foreign tax credits work?
They provide a dollar-for-dollar credit for foreign taxes paid on the same income to mitigate double taxation.
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