Statewide Iowa — (RI) — You still have weeks before you need to file your federal tax returns, but an IRS spokesman says now is the time to be sure you have all the paperwork ready.
Chris Miller says organize the 2019 tax documents you already have and add to them as the other year-end information comes in.
He says it’s also a good idea to get a copy of your 2018 income tax filing as you may need it to file this year.
Miller says by having everything together, you will know what you have and don’t have for tax filing. Another suggestion for the start of 2020 is that you be sure your withholding from your paycheck is correct. Miller says if you get a bigger refund than expected, or got back less than expected, it’s a sign your withholding is not right.
He says you can check it online.
He says you may have been happy with the withholding last year, but have had things happen in your life that impact your tax status.
Miller says you can go to the IRS website and use the withholding tool to see if those life changes require a withholding change.