State offers tax tips for income tax filing
With the income tax filing season in full swing, the Minnesota Department of Revenue is offering helpful tips for taxpayers when filing their income taxes.
The department encourages taxpayers to choose direct deposit, allowing for a safer and faster refund.
“Direct deposit is safe, easy, and convenient; your tax refund is deposited directly into your checking or savings account,” said Assistant Commissioner Terri Steenblock, who uses direct deposit. “You can get your refund twice as fast as a paper check and you don’t have to worry about it getting lost in the mail or making an extra trip to the bank.”
Tips to avoid common errors:
• Enter individual names and any dependents names as they appear on Social Security cards. Incorrect names or Social Security numbers can result in refund delays.
• Double-check bank routing and account numbers used on tax forms. Incorrect account numbers can delay refunds.
• Complete each form and carry totals to the correct lines. If filing electronically file, the calculations are done automatically.
If a taxpayer moves after filing, contact the Department of Revenue right away. That refund checks or requests for more information will reach their destinations and do this even when requesting direct deposit.
Returns should be filed by the April 15 due date, even if filers owe more than they can pay. Use the new online system to set up multiple payments with different due dates.
Pay as much as possible by the due date, and continue to make payments until a bill is received. When the bill is received, contact the department of revenue and it can help set up a payment plan for the remaining balance.
Individuals qualify for free electronic filing? Be sure to access the software products from the revenue department’s website to file for free.
More than 250 Volunteer Income Tax Assistance (VITA) sites remain open across the state.