The Advantages of Filing Taxes Early

TurboTax News

Tax season is here, TurboTax is accepting tax returns, and the IRS will begin accepting e-filed tax returns from TurboTax on January 17th.  So what are you waiting for? There are many tax benefits of filing your taxes early.  Find out some in our informative infographic.

[intuit_tt_infographic id=9080]

[tt_share_code url="http://intuitturbotax.files.wordpress.com/2012/01/earlytaxfiling.png" width="600" height="1686" title="Early  Tax Filing" alt="Early Tax Filing"]

Comments (22) Leave your comment

  1. Hello,

    I am US Resident (Not a citizen) and I have a physically and mentally handicapped person whom I sponsor back in my home country. Where can I find any information about getting any tax breaks for the amount that I sponsor back in my home country. Or can you direct me to a person/page where I can find such information. Thank you.

  2. Oh my goodness! an amnizag article dude. Thank you However I am experiencing issue with ur rss . Don’t know why Unable to subscribe to it. Is there anyone getting identical rss problem? Anyone who knows kindly respond. Thnkx

    1. Hi Jared,
      Glad you like the blog. I’m not sure why you are having difficulties. Other people have told me they just subscribed. Sorry you are having problems, but I would try again.

      Thank you,
      Lisa Greene-Lewis

  3. Turbo tax is full of it. I will NEVER, EVER, EVER use them again. I understand that there have been some delays, but the bs they r putting their customers through is ridiculous! They want you to fax over ss cards, id’s, utility bills…and then u have to wait 5 to 7 days…BS! Then their customer service reps have NO ANSWERS! I could have filed it myself if I was going to have to deal with this crap. I will be telling everyone I knw NOT to get mixed up with this idiotic company!

    1. Hi,
      The fact that you had to fax over documentation is for your own protection. Unfortunately, there has been a lot of fraud industry wide so TurboTax had to put additional security measures in place for your protection. Please see updates here:
      Due to a significant rise in fraud across the industry, Intuit has put in place more stringent fraud detection and prevention controls to help ensure that only legitimate cardholders receive the refunds they are entitled to on a TurboTax Refund Card. In a small number of cases, we regret that a hold on some cards may impact legitimate cardholders. You can go here for additional information (see Security & Fraud Prevention): https://turbotaxcard.intuit.com/support/faq_turbotaxcard.html. Please note that the support line included in this article may require some wait time.
      Sorry for the inconvenience. I hope you receive your refund soon.
      Thank you,
      Lisa Greene-Lewis

  4. This whole thing is complete bs. I think whoever wrote this was high on drugs. I was accepted on the 17th and I’m still proccesing and that’s not the worst part people who filed later got thier return already. Check your facts lady.

  5. I find adjusting my W2 so that I get more money in my paycheck and less of a refund is the best approach. Why let the government keep your money tax free?

  6. I have done my taxes on the 23 jan and still have not gotten my refund. I have called the irs and they say they cant give me info. Who do i contact and what should i do

    1. Hi Jessica,
      Thank you for contacting TurboTax. The IRS is experiencing delays in processing some federal tax refunds due to changes in their systems. As a result, the original estimated federal refund date provided to you by TurboTax or the IRS may have changed. Your state tax refund is not affected.

      The most updated information is available through the IRS “Where’s My Refund?” tool, https://sa2.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp. Make sure to wait 72 hours after your return is accepted by IRS before you check your refund status.

      You can read the IRS update on refund status here: http://content.govdelivery.com/bulletins/gd/USIRS-282378?reqfrom=share#.TyHBCA5GIDY.twitter

      We understand your tax refund is important to you and we are actively working with IRS to ensure our customers’ refunds are processed as quickly as possible.

      Thank you,
      Lisa Greene-Lewis

  7. i understand delays and everything you are saying but how can someone who filed days after us get there refund on the day we were suppose to and we still havnt received ours? we were accepted on the 17th and still nothing til prob the 30th or feb 4th but someone who was accepted on the 20th already got theres? confused. we have no issues waiting for the time frame cuz we know can take 2 weeks for deposit but not sure why a later acceptance can get theres before those that was accepted earlier(with no issues). thank you

    1. Hi Stacy,
      Sorry you did not receive your tax refund, but please keep in mind that everyone has a different tax situations. In addition, the IRS is experiencing delays. Please see the cause here:
      Thank you for contacting TurboTax. The IRS is experiencing delays in processing some federal tax refunds due to changes in their systems. As a result, the original estimated federal refund date provided to you by TurboTax or the IRS may have changed. Your state tax refund is not affected.

      The most updated information is available through the IRS “Where’s My Refund?” tool, https://sa2.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp. Make sure to wait 72 hours after your return is accepted by IRS before you check your refund status.

      You can read the IRS update on refund status here: http://content.govdelivery.com/bulletins/gd/USIRS-282378?reqfrom=share#.TyHBCA5GIDY.twitter

      We understand your tax refund is important to you and we are actively working with IRS to ensure our customers’ refunds are processed as quickly as possible.

      Thank you,
      Lisa Greene-Lewis

  8. Ya its rather confusing that the tax schedule says the 25th but if you check your refund it says 31st. Now the IRS Check My Refund page says they are experiencing technical difficulties. I wonder if thats why I have not received my return. It seems there may be a delay?

    1. Hi Patrick,
      Sorry there is some confusion, but per the IRS, the refund cycle chart gives projected dates based on normal processing and assumes your tax return does not require further review. In addition, the IRS may make changes to the projected date of your refund. See information on the IRS e-file refund chart http://www.irs.gov/pub/irs-pdf/p2043.pdfSimilar In addition, the IRS states that your financial institution could take an additional 5 days to deposit your funds.
      Sorry for any delays, but once your tax return is electronically transmitted to the IRS, we have no control over the acceptance and processing of your tax return and payment. If your tax return was accepted you should be receiving your tax refund soon.
      Thank you,
      Lisa Greene-Lewis

      1. hseaysarcavm on August 26, 2011 It is true. Raising taxes on “The Rich”, (who already pay most of the federal income tax in the US), will raise taxes on small businesses that operate as a Sole Proprietorship. Also, McCain wants to reduce the Corporate income tax rate, (which is among the highest in the world). When you reduce taxes in general, business and economy tend to thrive. As far as the government giving stuff away to corporations, if you are referring to tax breaks, I would’t say that’s “giving” anything, it’s is just “taking” less.Big government sucks and is not the answer to most of our problems.

  9. My tax refund was scheduled to be here Jan25 and when I called intuitive they said it won’t be until Feb 1 now. When I called the its they still say the same filing day as was before. So was there a delay or are they lying?

    1. Hi Keysha,
      No, there was no delay or lie. Please keep in mind that TurboTax uses the IRS estimates regarding your tax refund. Once your tax return is electronically transmitted to the IRS we have no control over when you receive your tax refund. Per the IRS refund cycle chart, the dates are estimates and the date is based on normal processing and assumes your return does not require further review. In addition, the IRS states that your financial institution can take up to 5 days additional to deposit your tax refund. Please see the attached http://www.irs.gov/pub/irs-pdf/p2043.pdfSimilar. You can also check this site http://www.irs.gov/individuals/article/0,,id=96596,00.html
      Don’t worry as long as your tax return was accepted by the IRS, you should receive your tax refund.
      Thank you,
      Lisa Greene-Lewis

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