Gather Your Documents

• Before you can file your taxes, you first need to gather all of your documents. Purchase a file box or similar item to hold all of your tax preparation documents, then place each document in that box as you receive it. Do not file your taxes until you have received all of the documents you need. The IRS receives a copy of every 1099 form, as well as copies of your W-2 form. If you file before you have all your documents, you could inadvertently understate your income and invite an inquiry from the IRS.
  
  

Types of Income

• It is important to declare all your sources of income, not only wage income but income from interest, investments, self-employment, capital gains and other sources. Each tax form includes detailed instructions on the types of income that are taxable by the IRS, and you must include income in all applicable categories when you complete your return. You can make things easier by sorting your tax preparation documents into categories, with a pile for interest, another for dividends and another for self-employment income. Having your documents properly categorized will make completing your tax return easier, whether you plan to use tax preparation software or complete a paper return.
  
  

Self-File or Get Help

• Many taxpayers with simple returns, including those who file the one page 1040-EZ, still pay for professional tax preparation. If you have a simple return with only wage income and perhaps a bit of interest, chances are you can complete your own return and save the fee. Many tax software programs now provide a free version for simple returns, and using such a program can make filing your taxes even simpler. If you are worried that you missed a deduction or made a mistake, look for free tax help in your area and ask the volunteers to review your completed return. Many nonprofit agencies offer free tax preparation help for low and middle income filers. Just look in your local newspaper for information as tax filing season approaches.
  
  

Thorough Review

• Whether you complete your own tax return or pay someone else to do it for you, it is your responsibility to review the documents and make sure the figures you report are accurate. Do not assume that the return is perfect just because you used a professional tax preparer. Take a few minutes to compare the figures on the finished form to those you provided, and discuss any discrepancies right away. You are the one signing the return, and it is ultimately your responsibility to provide the IRS with accurate and complete information about your income.