Tax tips to submit an accurate tax return before July 15

NEW YORK » With the extended filing date of July 15, the New York State Department of Taxation and Finance shared tips to help ensure a smooth process for taxpayers who have yet to file their personal income tax returns.

“The Tax Department has already processed more than eight million income tax returns— leaving about two million returns to be filed,” New York State Commissioner of Taxation and Finance Michael Schmidt remarked.

“The following tips and free resources can ease the process for those who haven’t met their vital filing obligations ahead of the fast-approaching July 15 deadline,” Schmidt added.

• Prepare and file your return electronically. Efiled returns are processed faster than paper returns, have fewer errors, and are more secure than ones sent through the mail.

• Have driver licenses handy. You must provide driver license information for you and all other filers on the return, for example your spouse if filing a joint return. This guards against fraudulent returns and refund claims filed by identity thieves.

• Provide correct social security numbers on the return, including for your spouse if filing jointly and for any dependents claimed. This prevents processing and refund delays.

• Report estimated tax payments accurately. Create an Online Services account at the Tax Department website (tax.ny.gov), and you’ll be able to check your balances, pay estimated tax electronically, and review your payment history. To avoid processing delays, contact the Tax Department if you’re unsure of your estimated tax payments.

• Include all required forms and schedules. Paper filers must include Form IT-2, Summary of W-2 Statements.

• Include the information that shows eligibility for any claims for credits or deductions. Paper filers must attach supporting forms and schedules to their return, which is another reason we encourage e-filing; the tax preparation software automatically includes this information.

• Let the tax preparation software do the math for you; if you’re doing your own math, doublecheck all calculations.

• Choose direct deposit as your refund method. In this time of social distancing, save yourself a trip to the bank by having your refund safely deposited into your bank account. Simply check direct deposit on your tax return, then be sure to enter your

correct bank account and routing numbers. The combination of e-file and direct deposit will allow you to receive your New York State tax refund up to two weeks sooner than if you filed on paper and requested that a refund check be mailed to

you.

• If you do forgo the simplicity and convenience of direct deposit, make sure your mailing address is correct when requesting a refund check by mail. Any error can delay your refund.

• Most amended returns can be e-filed. The software will know exactly what’s required. If you’re filing an amended return

on paper, remember to complete it as if you are filing the return for the first time. You cannot file only the changes to the return. Submit all the forms relevant to the information in your amended return, even if these forms were already included with the original return.

Each year, millions of New Yorkers qualify to file their personal income tax

returns for free through the Tax Department’s website. Taxpayers who earned $69,000 or less in 2019 are eligible to electronically prepare and efile both their federal and New York State income tax returns by using Free File software.

To ensure you’re not charged a fee, one must go to the Tax Department’s website to complete your

return. To be directed to the free filing options, click the Free File your income tax return link on the Tax Department’s website. You’ll save preparation fees, prevent costly errors, and ensure that you receive any refund you’re owed in the most efficient way possible. The Tax Department has produced a series of video tutorials to assist New Yorkers

with the tax return filing process. Topics range from gathering the necessary documents to choosing the right software. You can view the videos at their get ready to e-file your income tax return webpage.

Nearly 206,000 taxpayers have already filed their returns through the Free File program this year, saving a combined estimate of $42.2 million.