How to File Your Taxes Online For Beginners (TurboTax Tutorial)

How to File Your Taxes Online For Beginners (TurboTax Tutorial)

Finder US

3 года назад

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In this video, we take you step-by-step on how you can file your taxes online through Turbo Tax! UPDATE: the IRS has extended the deadline to file your taxes to MAY 17th.

⏩ Skip to the good stuff⏩
00:00 Intro
00:27 Step #1 — Gather your paperwork
01:07 Step #2 — Create an account
01:24 Step #3 — Check your info and filing status
02:00 Step #4 — Enter federal tax info
02:53 Step #5 — Enter state tax info
03:12 Step #6 — Choose your refund method
03:44 Step #7 — Review and file your taxes

Read our guide 👉 https://www.finder.com/tax-returns?utm_source=youtube&utm_medium=video&utm_campaign=findervideo&utm_content=guide&utm_term=guides

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VIDEO TRANSCRIPT:

Hey y’all, Jenn here from finder.com.

Today, we're talking about one of the only sure things in life: taxes. As April 15th nears and W-2s start rolling in, it's time to file your federal — and in some cases, state — taxes.

We'll be showing you how to file your taxes online with Intuit TurboTax — it’s friendly to first-time filers, and can be fairly inexpensive.

STEP 1: Gather your paperwork.

Before you hop onto the TurboTax website, collect a few documents that you'll need once you get started. Typically this includes:

-Your Social Security number and the numbers of anyone else on your return
-A government-issued ID, like a driver's license
-Your W-2 or 1099
-Any earned interest on private investment accounts

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-Your form 1095 and any medical bills
-Mortgage interest and property taxes
-Education expenses
-Small business expenses
-Retirement contributions
-Charitable donation receipts

STEP 2: Create an account.

Before you can start your return, you need to make an account. Simply fill out the form with your email address and choose a user ID and password — make sure it's a strong one, too, given how sensitive the info is.

STEP 3: Check your info and filing status.

Add your name, date of birth and ZIP code to start. You'll then add information about your filing status — including whether you’re married.

From there, select any of the situations that apply to you from the past year. It then asks for more details about your previous year's finances, like whether you took on medical debt, traded crypto currency or received dividends.

Continue on by entering even more personal information, such as your Social Security number and what states you lived and worked in.

STEP 4: Enter federal tax info.

Next up is diving into the nitty gritty of your federal taxes. TurboTax takes you through the process one step at a time, and lets you save your place and come back to it anytime — perfect for if you need a quick break.

Your W-2, 1099, 1095 and charitable donation receipts come into play in this section. Some documents can be uploaded and auto filled, or you can type in the information yourself.

Once you go through each section, TurboTax will prompt you to fill in anything that you may have missed and review your progress as you go.

If any of the states you lived in the previous year have state taxes that need to be covered, you'll head to the next step. Otherwise you can skip to step six.

STEP 5: Enter state tax info.

State taxes are a lot less intense than federal. In fact, the software will import the information from your federal taxes and process the state taxes with very little additional input from you. A few clicks and you're all set.

STEP 6: Choose your refund method.

You're almost ready to file at this point. It's time to select what refund method you want to use. Depending on when you file, you may even be able to apply for an advance on your return.

Your choices are the following:
-Direct deposit into your bank account, this usually takes the least time
-Prepaid TurboTax debit card
-Paper check in the mail
-Apply the refund to next year's taxes
-US savings bonds

STEP 7: Review and file your taxes.

Once you select your preferred delivery method and filled out any necessary info to accompany it — like bank account information for direct deposit — it's time to file.

Well, it's time to review everything, then file. You can take one last look at all of the sections and make sure nothing looks off or is missing. E-sign the document once everything looks up to snuff and you're on your way.

It will likely take a while for the IRS to accept the submission, anywhere from a few days to a few weeks. And it can be even longer to process it fully. To get written instructions on how to file online and a breakdown of the pros and cons of each filing method, read our guide on Finder.com.

Тэги:

#how_to_do_your_taxes #how_to_do_your_taxes_online #how_to_file_your_taxes #how_to_file_your_taxes_online #how_to_file_taxes_on_turbotax #how_to_file_taxes_online #how_to_file_taxes_online_for_free #how_to_file_taxes #how_to_file_your_tax_return #tax #taxes #taxes_2021 #2021_tax_return #how_to_file_taxes_in_2021 #tax_return #tax_refund #how_to_use_e-file #how_to_use_turbotax #how_to_file_tax_returns_on_turbotax #how_to_file_your_taxes_yourself #taxes_for_beginners
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Комментарии:

@beavasqz8820
@beavasqz8820 - 31.01.2024 02:42

I’m trying to do my 2022 taxes it’s not letting move forward because it’s not the right year

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@masternik8025
@masternik8025 - 30.01.2024 23:35

Проездной на автобус тоже можно ?

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@HaynesAnitaPerez
@HaynesAnitaPerez - 30.01.2024 01:46

Great video , I was in need of an apartment for my family so I watched several videos on how to make a w2 form until I ended up getting it from an online vendor last week and was approved for the apartment on Monday tho 🎉

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@cod4r
@cod4r - 25.01.2024 22:42

Noobie here, it'd be great to see how you enter the state taxes info with examples. Thanks

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@kill3rgamingxd114
@kill3rgamingxd114 - 24.01.2024 17:42

Is turbo tax free?

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@jerixsixtynine6612
@jerixsixtynine6612 - 24.01.2024 00:01

Man, the government is dumb as nails the way they do things lol how about taxes being automatically filed Without you having to do shit

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@edleveille1138
@edleveille1138 - 20.01.2024 20:00

if I live in 2 different states,which state should I put in the application if it doesn't allow me to put 2 states I live in at once please?

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@jakemotionless6119
@jakemotionless6119 - 20.01.2024 09:14

Instructions unclear the irs is hunting me and my family down

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@gerardohuezo4895
@gerardohuezo4895 - 14.12.2023 10:54

this is really bad presentation she does not have nothing to do

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@brendasollers9750
@brendasollers9750 - 24.11.2023 05:05

Can you do this with w4 form?

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@Eazm
@Eazm - 28.08.2023 04:16

thank you so much ... i have one question... since i haven't received my 1099 form... and i know exactly how much i made is it okay if i file with all numbers and don't have to worry about thar form or is it going to be double income if i do it my way

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@sonyaquarterman8012
@sonyaquarterman8012 - 16.05.2023 20:45

Don’t EVER USE TURBO TAX. THEY STEAL FROM BLACK PEOPLE… They downloaded $1810 to a FRAUDULENT GREEN BANK ACCOUNT THAT DOES NOT EXIST…..They are CRIMINALS

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@melia8127
@melia8127 - 28.04.2023 19:17

Thnx for short yet effective video

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@davidpistek6241
@davidpistek6241 - 17.04.2023 16:42

Can I use a pdf w2 instead of a photo of a physical copy

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@ingridjerez9838
@ingridjerez9838 - 16.04.2023 09:19

How do I know if they’re mailed????

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@kiran12390
@kiran12390 - 13.04.2023 13:36

Does anybody know how to extract a copy of the filed' tax return?

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@galato4234
@galato4234 - 12.04.2023 02:58

Hi. thank you for this video. Can my son who is 20 yo, 2nd year college student with scholarships, and earnings during summer ($3,300) do the taxes with my husband and I? Thanks your response.

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@amyamy770
@amyamy770 - 10.04.2023 06:26

Hello dear, our friend just helped with do our taxes, and i decided to try my self, my husband is military, I’m not working but last year, I worked for a year, and i make $16600 we filed together and I sent my W2 to our friend few days ago he said that my they didn’t bay federal taxes and because of that we need to pay extra $3000 so our total to pay $5500 mine That sounds very much for a little money that i make of course my husband makes much better but he paid taxes. Do you have any idea what we can do ? Thank you very much

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@wetherby6774
@wetherby6774 - 09.04.2023 21:34

I'm new to this but fortunately it looks self-explanatory (I hope it is!). I also need to file for New York City where I work, how do I go about adding that one in?

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@Jackflynn611
@Jackflynn611 - 08.04.2023 02:08

Thanks, had to go get my paystubs and bank statement from click_cybertech. Was able to achieve that with no real stress.
All these taxes got me real stressed out.

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@Elemental_Entity
@Elemental_Entity - 04.04.2023 21:54

It says it takes 13 hours to complete this. Is that accurate?

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@GetBetterThough
@GetBetterThough - 28.03.2023 13:24

How is turbotax even still a thing? they are pure criminal, horrible evil people stealing from tax payers. The people who run this business are whats wrong with the economic world. Pure trash. Target lower pay citizens as well who can use the extra money at end of year to catch up with bills and survive but Turbotax says lets target them because they are easiest to get scammed. Truth is there people. A special place in the next realm for people like this if there is one smh.

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@patriziagallucci6115
@patriziagallucci6115 - 21.03.2023 01:00

Hi. Tks for your help. But when i am trying to send my first taxes online appear a mistake says. The name mismach with the irs. What should i do ? Tks

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@Hassi_81
@Hassi_81 - 19.03.2023 07:40

How do you submit payment in TT, if you owe money?

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@pathways678
@pathways678 - 11.03.2023 17:23

An accountant printed the income taxes papers out for me because I wanted to mail them but now I want to submit it online...can I go to turbo tax online and just re copy everything from the papers

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@dursungajarova7556
@dursungajarova7556 - 10.03.2023 07:35

Hello! How can I cancel my tax return progress in the TurboTax?

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@PrasadDananjaya-zr1iy
@PrasadDananjaya-zr1iy - 10.03.2023 00:50

thank you, What if my wife is not in canada and doesnt have a sin number, how do I move forward?

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@shaninquabooth-fo4up
@shaninquabooth-fo4up - 10.03.2023 00:16

Is there a step where they let you add tips

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@aleaseknows8334
@aleaseknows8334 - 03.03.2023 03:56

TURBO TAX STEALS REFUND DINT TRUST THEY OUTSOURCE TO SANTA BARBARA BANK

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@jaribenz5455
@jaribenz5455 - 25.02.2023 23:00

Excellent job
You are extremely helpful explaining everything
Thanks

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@davidmontanez9019
@davidmontanez9019 - 23.02.2023 18:35

I'm pretty sure that you helped me whit turbo tax Tuesday night installing TurboTax Deluxe
License Code true glance. 👍

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@alang.846
@alang.846 - 23.02.2023 14:49

If you invested and it’s your fist time filing taxes, I suggest not using TurboTax, it took me more than 2 hours because the system was messing up a lot, just go to an expert and bring all your documents

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@oscarsantos1959
@oscarsantos1959 - 23.02.2023 03:11

Great video!!
Question: do I have to wait until I get my retirement taxes file papers? I get them after or on June 1, or do I file in with the December statement?

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@foxydproduction
@foxydproduction - 21.02.2023 04:18

Thank you. I’m paying over $500 every year to file my taxes . I’m using this video as my guide next year to file my taxes. I prob gonna need some help for the first time but I just want to be able to do it myself

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@jeffgordonsmom1730
@jeffgordonsmom1730 - 19.02.2023 09:07

Do not use turbo tax! They will scam you into the more expensive plan. Then after all your hard work of entering your information into their system. You will have chosen the super extra premium edition which cost $90 extra, and you can easily start over and enter all that same information again (looking out for the upgrade scams) and hope to file for free. But I doubt it’s even possible to do it completely free on turbo tax.
The irs. Gov does it free for people making less than 70k

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@hussienalsafi1149
@hussienalsafi1149 - 15.02.2023 23:31

😍😍😍😍😍😍😍😍😍😍😍

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@k.saunders7666
@k.saunders7666 - 15.02.2023 17:57

Wife just came to me pretty upset. Apparently during the song and dance of data entry, Turbo Tax has ya sign a waiver which allows the IRS to snatch money they are owed without warning and with no recourse. That was unexpected; and we are back to struggling. Choose a preparation company less evil, people.

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@diegoveit4828
@diegoveit4828 - 15.02.2023 08:10

How do I know the status of my refund? Like how do I know the IRS received my files and it’s being checked

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@JonnyBoii290
@JonnyBoii290 - 12.02.2023 12:42

What if someone has more than one w-2 form? Do they have to do the whole process again?

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@RR-ho5ek
@RR-ho5ek - 11.02.2023 12:50

The government is corrupt, and I will never earn a living wage, but in the end, they can steal whatever they want from me, I just want to be able to do my own taxes, and not be forced to pay an agent, which is the way the system is set up.

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@gothands450
@gothands450 - 07.02.2023 20:32

Is it free??

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@QuintinSarren
@QuintinSarren - 07.02.2023 00:43

I got an ad for turbo tax right at the end of the video

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@christopher9226
@christopher9226 - 06.02.2023 02:31

Scam

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@frankierutherford1888
@frankierutherford1888 - 04.02.2023 20:55

You can take up to a few weeks for them to accept you return? No, I’m not liking that deal.

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@jefferyyounce5372
@jefferyyounce5372 - 04.02.2023 18:19

Intuit is one reason our tax code is so complicated. They lobby to keep it that way so their revenue stream isn't disrupted. Google it. It will suprise you

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@kristylee2446
@kristylee2446 - 04.02.2023 11:49

They don’t ask rounting number your bank

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@cali_smartb5098
@cali_smartb5098 - 01.02.2023 05:57

Can I file my 2020 taxes online with turbo tax if I buy the software for that year or no?

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@maipr94.80
@maipr94.80 - 30.01.2023 23:27

Super helpful! Thank you so much! Does TurboTax charge something for this process? How much ? Or is it free?

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