FAQs on Tax Prep
When do companies send tax forms by mail or post to an online account? (Feb. is "form month")
Tax documents such as W2 & 1099 forms are generally due to be provided to a taxpayer in the first week of February. Those pesky brokerage statements and some K1 forms are not final until March/April. It’s perfectly fine to add items as they come in and then check them off the checklist! It feels good to make progress.
Where on earth are my tax forms? If I lost them, what do I do?
Answer: Quite possibly a copy of the tax form is now online!
Some tax forms are still mailed, however, for many, YOU SIMPLY LOG IN to the bank, college, or financial site to download forms! We recommend you log in to banks, brokerages, colleges, MNSURE Exchange, etc. and check for your forms there if you haven’t seen them by Feb. 15th. It’s so easy to download and then upload to us via your Portal!
What’s the deadline to upload/drop off my stuff?
If you haven’t submitted all your items within 21 days of the filing deadline, you have a high likelihood you’re going to need an extension. Avoid having to pay a penalty by being proactive.
Can I just drop off my documents or arrange a meeting to do my return in person?
Yes, set times at our website. If you call, our staff can take your deposit and set your time. Please note that in person services often cost more because it’s less efficient THAN if a client can master the online tools. We simply track the time each client needs so it’s fair to everyone.
IMPORTANT NOTICE: We *generally* do not accept possession of hard copies unless they are specifically secondary copies made with the intent of not being returned. If you are intending to bring your items to be dropped off / scanned in office, please ensure to allow enough time for us to scan and process your documents so they may be returned to you before departure.
How long until you will have my return done?
Many returns need a two (2) week calendar span from when all info is provided. Returns are generally worked in "first come, first served" order. The first client to make their deposit AND have their forms in, are scheduled first on our calendars and in our work flows. As we get closer to the deadline, it’s possible we will be even further out than 2 weeks for completion of returns.
How much for my "kids" return?*
Your college or high school student's return will likely take 45 minutes to 2 hours the first year. It depends on if they are organized or we have to 'chase' them to find the information or they show up missing something. The good news is: if you are a subscriber, we can include your family member's returns in your subscribed hours!
We VALUE YOU and we want to give clients a GREAT experience. Thank you for doing your part to ensure your return is completed accurately and efficiently!