Filing Your 1040
The process of filing your return begins long before you actually complete the tax form. It starts at the beginning of the year by keeping good records of tax-related transactions as they occur throughout the year. Know which records to keep and what data to gather so you can complete your return.
What happens if you can't file by the usual deadline? You need not panic. Instead, obtain an automatic tax-filing extension. This gives you more time to pull your records together and submit your return; it does not give you more time to pay your taxes, which continue to be due by the usual filing deadline.
If, after completing your return, you find that you owe additional taxes, submit them with your return or use other timely payment options to avoid penalties.
You can mail in a paper return to the IRS. Alternatively, you can submit a return electronically using e-file, via your personal computer or through a paid return preparer who e-files the return for you. Either way, make sure to retain proof that you filed the return.
Also, inform the IRS if you move by sending in a change-of-address form, so that your refund and/or other government notices will reach you.
