Tax Filing Frequently Asked Questions (FAQs)
How do I get a copy of a prior tax return and W-2?
How do I get my Form W-2?
How do I find a Classic Tax Preparation office?
What information should I bring to my appointment?
How much does it cost to have my taxes prepared at Classic Tax Preparation?
How quickly can I get money at Classic Tax Preparation?
I need to change my withholding. How do I update my personal information?
What is the Earned Income Tax Credit (EITC) and am I eligible?
Q: How do I get a copy of a prior tax return and W-2?
A: If you filed your tax return through Classic Tax Preparation, then you can get a copy of your records from your tax preparer. Otherwise, as long as you filed your tax return with the IRS, you can request a photocopy or a computer transcript (a line-by-line listing) of the information on your filed tax return. Photocopies and transcripts are free from the IRS. If you need an actual copy (not a photocopy), then you must complete Form 4506 and pay a $39 fee for your filed tax return and all related tax information, such as your Form W-2.
Q: How do I get my Form W-2?
A: Your employer is required to mail your completed Form W-2 (copies B, C, and 2) showing your compensation and tax withholding amounts for the calendar year by January 31. If you do not receive your W-2 by January 31, contact your employer to confirm your address and find out when the form was mailed. If you have not received your W-2 by February 15, then call the IRS at 1-800-829-1040. A representative will complete a W-2 complaint on Form 4598, Form W-2, or 1099 Not Received or Incorrect.
Q: How do I find a Classic Tax Preparation office?
A: Classic Tax Preparation services the New York Metro Area. At Classic Tax we offer professional preparation in the comfort of your home or office. Each client receives a personal appointment arranged with a trained tax preparer. We offer flexible hours. Classic Tax Preparation can prepare returns for all states, so if you are not located within the New York metro area call us today and find out how we can arrange a personalized telephone interview to prepare your taxes. Fax your information to begin and then documentation can be sent registered mail we'll pay the shipping cost.
Q: What information should I bring to my appointment ?
A: Make sure to bring the following materials to your tax interview:
Wage statements (Form W-2)
Pension, or retirement income (Forms 1099-R)
Social Security card(s)
Driver's license (s)
Dependents' Social Security numbers and dates of birth
Last year's tax return
Information on education expenses
Commissions received and/or paid
Information on the sales of stocks and/or bonds
Self-employed business income and expenses
Lottery and/or gambling winnings and losses
State refund amount
Social Security and/or unemployment income
Income and expenses from rentals
Alimony paid or received
Record of purchase or sale of real estate
Medical and dental expenses
Real estate and personal property taxes
Estimated taxes or foreign taxes paid
Cash and non-cash charitable donations
Mortgage or home equity loan interest paid (Form 1098)
Unreimbursed employment-related expenses
Job-related educational expenses
Childcare expenses and provider information
Q: How much does it cost to have my taxes prepared with Classic Tax Preparation?
A: The cost of tax preparation is based upon the complexity of your tax return. To learn more, please contact your Classic Tax Preparation Representative.
Q: How quickly can I get money at Classic Tax Preparation?
A: When you file electronically and choose one of the free IRS Direct options, you can receive your refund directly from the IRS by direct deposit in approximately 8 to 15 days. You can also choose to have the IRS mail you a check in approximately 21 to 28 days. IRS Direct is free with paid tax preparation. We also make a variety of financial products available to qualified customers through our lending partners if you need to receive money faster (rapid refund loan).
Q: I need to change my withholding. How do I update my personal information?
A: Use Form W-4, Employee's Withholding Allowance Certificate. If you get married or divorced, if a child is born, or if you no longer can claim a child as your dependent, you will need to complete a new Form W-4. When you begin to work at a new company, your employer must give you a Form W-4 to complete. You can also request a Form W-4 from your employer at any time to reflect a change in your tax situation.
Q: What is the Earned Income Tax Credit (EITC) and am I eligible?
A: The Earned Income Tax Credit (EITC) is applicable to low-income workers who may or may not have a qualifying child, or children, living with them. If you can take the EITC, then it is subtracted from the tax owed. The credit can be refunded even if you don’t owe any tax. If you have a qualifying child and your earned income and adjusted gross income (AGI) are each less than $33,241 ($35,241 if filing Married Filing Jointly), then you could be eligible for a maximum credit of $2,853. The maximum credit is $4,716 if you have more than one qualifying child and your earned income and your AGI are both less than $37,783 ($39,783 if Married Filing Jointly). You may still qualify for a maximum credit of $428 if you do not have children and your income is less than $12,590 ($14,590 if Married Filing Jointly). Ask for more information.