For most people filing their tax returns is a burden because the process is often complex and time-consuming. TurboTax is here to ease that burden in the easiest way possible. Taxpayers who subscribe to the TurboTax software can prepare their tax returns in a systematic manner and get it checked by tax experts as well.
There are different types of subscriptions you can use on TurboTax depending on your tax requirement. If you are not sure about where to start and how to begin using TurboTax you can call the TurboTax customer support number to get a complete overview of all the features of this innovative tax preparation software.
What is AGI (Adjusted Gross Income)?
AGI or Adjusted Gross Income is calculated as your gross income minus the adjustments to income. According to your adjustments, the AGI will be equal to or less than your total income. Your AGI is important because it determines the credits and deductions you can take when filing your tax returns and can impact your final tax return.
Steps to find you last year’s AGI in TurboTax
On TurboTax you can find last year’s AGI in the following ways:
- You can log in to your TurboTax account online and go to the “Your tax returns & documents” section. You can also view your AGI on the TurboTax mobile app whenever you sign in.
- Another alternate way to view your AGI is on the tax return you originally filed last year, particularly Form 1040 (Line 37), Form 1040X (Line 1, column A), or 1040A (Line 21), 1040EZ (Line 4).
- The third way is to simply order a copy of your tax return from the IRS ‘Get Transcript’ site. For security and legal reasons, the Internal Revenue Service makes it mandatory for you to provide your AGI for identity verification when e-filing.
If you cannot find your AGI or if your last year’s AGI didn’t transfer it is possible that you are in the wrong TurboTax account. You should be sure to use the same user ID you used last year when you sign in. TurboTax users should note that when you use the same email but use a different user ID it is seen as a different account entirely and hence will not include your AGI for the previous year.
In case you cannot access your last year’s account or cannot retrieve that information you can call the TurboTax technical support number and speak to a trained technician for more information. TurboTax experts are available 24 hours a day to help you retrieve all the necessary information so that you can check the Adjusted Gross Income (AGI) whenever needed.
TurboTax is one of the most popular tax preparation software out in the market today. It has made it very easy to file your state and federal taxes well before the tax deadline and also has several features that allow you to maximize your tax refund.
Since many users find it difficult to fill the tax forms, TurboTax has developed a series of questions through which the software will automatically calculate the tax requirement of the user. Over and above that, TurboTax users can always call the TurboTax phone number to clarify any doubts they may have before filing their tax returns.
The beauty of TurboTax is that it allows you to e-file your returns as well as paper-file. Some users, especially those you have a simple tax plan, prefer to paper-file their returns because it is cheaper. This article will tell you all you need to know and give you simple instructions on how to paper-file in the TurboTax for Mac software.
Instructions to paper-file your tax return using TurboTax
To paper-file your returns you will need a printer, envelopes and enough postage. You can follow the steps given below to file a conventional paper return through post:
Step 1: Login to TurboTax for Mac and open your tax return.
Step 2: Select the file tab and go to the screen where you e-file your federal return free of charge.
Step 3: Search for the option that allows you to file my mail, it will most probably be at the bottom of your screen.
Step 4: Click on the tax return that you want to paper-file and proceed with the on-screen instructions given by TurboTax.
Step 5: When you reach the ‘Print Tax Return for Mailing’ screen make the necessary adjustments and select the number of copies you want to print.
Step 6: Click ‘Print’ and complete any additional steps to begin printing your printout package.
Step 7: The very first page of the package will give you all the relevant mailing information along with a list of the tax forms that need to be filled.
You must keep in mind that in order to avoid identity theft you should only mail your return from a registered post office. You can also give it to a trusted mail carrier directly just to be safe. You should also double-check the address as the IRS may send your tax refund to that address.
If you have any difficulty completing the steps mentioned in this article you can call the TurboTax toll-free number and consult a TurboTax expert to clarify the problem. The toll-free number is available 24 hours a day so that you can resolve any tax-related error as soon as possible.