2007-01-03 07:17:20 · 6 answers · asked by Jeff W 1 in Business & Finance ➔ Taxes ➔ United States
Some people don't wait to receive their W2's, but you shouldn't do that. The estimated refund could be wrong and then you will have to fix it. You won't be able to e-file and it won't be saving you any time. If you get a refund anticipation loan for the estimated amount and it is wrong, you may end up paying more in the long run.
Make sure that you get the full benefit of your refund by staying far away from H & R Block or one of those other commercial places. The IRS has a program called VITA that does free tax preparation for households earning $40,000 or less. They can make sure that you get all your eligible credits, such as the Earned Income Tax Credit, the Child Tax Credit, the Dependent Care Credit, etc.
This is an absolutely FREE service. They can e-file and do direct deposit so that you can get your return back in 7-10 days. There is no need to get a refund anticipation loan, which is really nothing more than a high interest loan where you would be paying to borrow your own money. You have worked hard for your money and you should be able to keep it! To find a VITA free tax site near you, call the IRS at: 1-800-829-1040.
2007-01-05 15:29:57 · answer #1 · answered by rachkw81 2 · 0⤊ 0⤋
I just filed my taxes on December 30th, 2006 for 2006. I called my tax preparer asking when I could file and if I could do it from my paycheck stubs and he said I could come in that day. I didn't even have my final check. I just told him how many hours I worked and he looked at my next to last paycheck stub of the year. I also had 2 jobs in 2006, so it doesn't matter how many employers you have as long as you have you last paycheck stub from them (I brought in almost all of my paycheck stubs because I wasn't sure if he would need them-he didn't).
If you want your refund back the same day-I walked out with over a 1000 dollars that day-then you have to get a rapid refund loan, but you only get part of what you would get back, you get back the other part when you bring in your W-2's.
At least that was my experience, there is no harm in calling around and asking Tax Preparers what they can do for you.
2007-01-03 08:06:08 · answer #2 · answered by that dead girl 3 · 0⤊ 1⤋
As soon as you have all the information from your employer you can go ahead and file. In a theoretical situation, if your employer gave your your W-2 when you walked into work on January 1st and you had all of your other documents you could do your taxes and file them later that day. I don't know if this will speed up your refund that much more.
2007-01-03 07:50:01 · answer #3 · answered by Matt M 5 · 0⤊ 0⤋
if you only had one job, you can use the last paycheck stub of 2006 to file your 2006 taxes (at most tax filing offices)
otherwise the deadline for employers to send the W2's is
Jan 31st and then you can use your W2's to file anywhere after Jan 31
2007-01-03 07:23:40 · answer #4 · answered by Anonymous · 0⤊ 1⤋
As soon as you receive your 1099 forms from your employer. They must be mailed to you by Jan. 31.
2007-01-03 07:20:25 · answer #5 · answered by Spirish_1 5 · 0⤊ 0⤋
Yes, as long the information is accurate. If you have all the information, go for it.
2007-01-03 07:31:52 · answer #6 · answered by c1523456 6 · 0⤊ 0⤋