TurboTax is Accepting 2013 Tax Returns Now

TurboTax News

Time for TaxesYou’ve probably already heard the news that the IRS is opening the 2014 tax filing season on January 31, 2014, but there’s no need to wait until then to file your 2013 taxes. Exciting news! TurboTax is accepting tax returns today so that you can be the first in line for your maximum tax refund.

Here are 5 quick tips to help you get a jump-start on your tax refund:

1.    Prepare and Organize

  •  Take time to gather your necessary paperwork, forms, receipts, and checklist for your 2013 taxes.  TurboTax asks simple questions about you, but having your documents ready to go will save you time.
  • Keep an empty folder next to where you keep your mail.  When your W-2s and 1099s start to roll in you can keep them all together in one folder.

2.    Remember What You Did in 2013

  • Our lives are busy, but don’t forget that your 2013 expenses related to your job search, day camp for the kids, charitable donations, and medical expenses to name a few, may help you get a bigger tax refund.  Make sure you have those receipts in hand when you go online to prepare your taxes.

 3.    Take Advantage of One More Available Tax Deduction

  • Even though it’s already 2014 there is still time to contribute to your IRA, putting more money in your nest egg and increasing your tax refund.  You have up until the day you file your taxes to make a contribution for 2013 and lower your taxes.

 4.    Double Check Social Security Numbers

  • Make sure you have your correct social security numbers before sitting down to file your taxes.  Incorrect social security numbers for you, your spouse, and dependents will cause you to miss out on valuable tax deductions and credits.

5.  Don’t wait to file.

  • Last year about 75% of taxpayers received a tax refund and the average tax refund was close to $3,000, so there is no reason to wait!

Comments (148) Leave your comment

  1. hi! just want to ask if i will file tax return on the 31st when will i get my form 1040 or income tax return form? will i get it the day i filed it or how many days should i wait for it? im planning to go to hr&block.

  2. BS…..Ive made at least a half dozen attempts to begin my 2013 return, and it goes back to my 2012 return. It doesnt even have a selection icon for 2013. The website stopped me cold. Appears Ill have to wait until the 31st.

  3. I am using Turbo Tax for the first time this year. Can I prepare them now? Will you automatically submit on Jan 31 or will I need to do anything to ensure they have been filed? Thank you

    1. Hi Joy,

      Thanks for considering us! You can absolutely prepare them now with us and we will send you an email when your tax return is received by the IRS. Hope this helps!

      Thanks,
      Jen

  4. I had gambling winnings in a state other than TX where and how do I claim that? It also states that I can claim my losses. What proof would I show for my losses?

  5. I filed with your company last year. How can I get a duplicate of last years return as I have no idea where my original copy is.

    1. If it’s Turbo Tax they usually have the document available on the website. just look for the last filing statement when you do your taxes this tax season.

  6. Hi. Question: I started receiving a monthly pay out of an annuity in 2013. They do not hold any taxes. Is this taxable and would it be included in my gross earning?

    1. Id file anyway just to be on the safe side. Don’t give room for an audit…I wish Somebody would audit me…they might wind up paying me more.

    1. I would say not really. but Based on past experience I would wait for the W-2 and do it immediately. Sometimes you find out that you paid more on your W-2 than your last pay stub shows…I’m still trying to figure out how that works. “oh well”

  7. Also, I work for an Insurance Company “remotely” ..meaning I have a home office and work 100% from home. Can I deduct any portion of my household bills? Thank you!

  8. In regard to Med/Dental expenses.. Can I deduct all expenses “incurred” in 2013 even if I didn’t PAY an expense until January 1, 2014?

  9. in 2011 I inherited a roth account from my late Son. I did not now that I was suppose to pay taxes on it. The IRS billed me in 2013 for over 8000.00 and I paid it. Can I claim this as a deduction on this years taxes?

    1. Hi Isha,
      Not you would have to go online and file your taxes each year as you need to update your information and sign your tax return. TurboTax does make it easy for you when you come back since we already have some of your information that just needs to be updated. Don’t hesitate to get started on your taxes. TurboTax is accepting tax returns now.
      Thank you,
      Lisa Greene-Lewis

  10. I had some issues with filing my 2012 taxes on turbo tax I was wondering if I can file my 2012 and 2013 taxes on turbo tax and what steps to follow

  11. Hi Lisa Greene-Lewis,
    Year 2013 I was unemployment and I received Unemployment Benefit, also I was partial withdrawn 401 K. I would like to know what is the Taxes Form use, such as 1099 and should I use Tubo tax standard or else? Please advise.
    Thank you
    Patt

    1. If you want to do your taxes yourself I would say go to a tax pro and ask questions for a little info and run with it if you feel like you can handle it…

  12. Why did the costs go up? I have used this for years but I think I am going to look elsewhere this year. Might as well go back to HRB

    1. Hi Sherisse,
      Congratulations on your home purchase. TurboTax will ask you questions related to your specific situation and life events and then prepare your taxes based on your answers. You will receive a 1098 from your lender that indicates your home mortgage interest paid, which is deductible. The 1098 may also indicate property taxes paid and points or loan origination fees paid to get the loan. Have this document in front of you as well as your closing statement which may also indicate property taxes and points paid.
      Thank you,
      Lisa Greene-Lewis

    2. If you paid property tax for your haouse make sure you have the supporting documents to file…Turbo tax will ask you if you made property tax payments for the year.

  13. I am unable to submit my return just yet because I need my electronic pin, does anyone know when this will be available via the IRS automated system or on their website.

  14. I am intending to use Turbo tax (online version)
    Premier. Before I purchase I need to know if I can import my broker information on line. Be aware I am using an I pad with wi-fi. I know it can be done using a laptop or desktop as I have already used Turbo tax from a CD . I have a CD I purchased from my Turbo tax account

  15. Hello,
    Can I claimed my 20 year daughter as a dependent on my tax returns even though she worked last year and she lives with me. She grossed under 8,000 last year.

  16. I have the same question as Judy. I began receiving early Social Security in Sept. of 2013, and also have continued to work part-time since then. Last year, I filed using 1040EZ through Turbo Tax. Would like information on which tax form I should use to file my 2013 taxes (again with Turbo Tax) and if Social Security sends a special form to me to include on my tax form for this year.

  17. What is the URL for TurboTax where a 100% disabled veteran would complete so the veteran gets both federal and state tax completed at no cost to the veteran?

    1. Richard Collins, all the “free” editions of Turbo Tax that I have seen charge for State. You might check on the http://www.irs.gov site. I know they offer several E-file programs that are free, and with you being a 100% disabled Vet, there may be one available for you that the general public isn’t aware of. Good Luck to you and Thank you for your Service to this country!

  18. When do we have to have the insure is it 2013 tax or is it for 2014 I been try to file for insure since oct. When they came out and it kept tell me to try again I have call and try to get insure and I am still trying so what I am asking is do we paid the fine for 2013 or do we need it for 2014 .?

    1. Hi Vada,
      You are required to purchase health insurance by March 31, 2014. You will be assessed a penalty on your 2014 taxes, which you will not pay until you file your 2014 taxes in 2015. It does not impact your 2013 taxes.
      Please see more information here http://blog.turbotax.intuit.com/2013/09/30/health-care-reform-and-your-taxes/
      http://blog.turbotax.intuit.com/2013/10/25/affordable-care-act-update-enrollment-and-coverage-deadlines-clarified/
      Thank you,
      Lisa Greene-Lewis

  19. I HAVE A SON THAT LIVES AT HOME WITH ME HE IS 26 YEARS OLD HAVENT HAD A JOB SINCE 2011 I DO TAKE CARE OF HIM AND MY DAUGHTER WHICH SHE IS IN COLLEGE FOR HER 2ND TERM BUT SHE HAD A BABY IN JUNE AND I TAKE CARE OF ALL CAN I CLAIM ALL THIS YEAR

  20. I have a daughter who is 16years old and she had a summer job this year. I don’t have her W2 yet but she probably didn’t make over $4000. How is the best way for her to file a tax refund because she is still my dependent and I will be claiming her own my tax return? I want to make sure that she is able to get most of her taxes back so please tell me what is the best way to help her?

    1. Hi Renee,

      From my experience, my son files a 1040-EZ, I still claim him as a dependant and he still gets a refund. This year he used the federal free edition on turbo tax and only had to pay a small fee to file the state.

    1. Hi Mary,
      It may be deductible as a nonbusiness bad debt up to $3,000. You have to establish that you have taken steps to collect on the debt and that it is totally worthless. TurboTax will ask you the necessary questions to determine if you’re eligible to take the deduction.

      Thank you,
      Lisa Greene-Lewis

    2. Of course you can’t deduct that. If you could, everyone in the world would be saying “somebody owes me a million dollars”.

      1. It was a court order Sam Longfellow. I’m not that stupid. Do you treat everyone like they are stupid? Unpaid debts are deductible if there is a contract or court order. I just didn’t know where to enter the amount.

    1. Hi Ruth,
      Union dues and uniforms are an eligible employee expense if not reimbursed by your employer, however there are two reasons why you may not get the deduction:
      1. You have to be able to itemize your deductions. The only way you can itemize is if your itemized deductions are more than the standard tax deduction, which is $6,100 if you’re single for 2013.
      2. Unreimbursed employee expenses must be more than 2% of your adjusted gross income. So, if you make $50,000 per year, your unreimbursed employee expenses must be more than $1,000 ($50,000 x 2%) and you have to have itemized deductions more than standard tax deductions.
      TurboTax accurately figures out which deductions and credits you’re eligible based on IRS tax laws.
      Thank you,
      Lisa Greene-Lewis

  21. I receive unemployment for the year 2013 I did not work any of 2013, when I receive my unemployment tax form because I did not have any unemployment taken out can I file both years 2013 and 2014 together or do I just file 2013 unemployment by itself

  22. My grandson who is 18 fulltime student moved in with me in June, he has no income can i claim him for half the year. I am his sole provider.

  23. I have a 19 year old that does not live at home, and is not going to school and does not have a job. I still pay health insurance on him. I have a 21 year old that worked last year but made less than $7,500. He is going to school part time. I am able to claim both of my children?

    1. I’m pretty sure that as long as they don’t file as independents you are safe to put them on yours. I am 18 and make about 18000 a year and I still file dependent on them… As long as you make sure they aren’t filing as independent you can claim them… Unless me and my parents are doing it wrong! But we didn’t get in trouble last year!

    2. Must lived at your home for more than 6 months of the tax year and you must have provided more than half their total support for that same year. While they are your children they are adults and unless medical or military involvement is present with these two that should provide you your answer.

  24. I did my tax last year on dec 30th and had my refund on February 7th, I used turbotax and I had the net spend card, so file early even if the irs opens on the 31st

    1. So it took you over a month to get your refund?? When you file online, the usual turnaround time to receive a refund from the IRS is about two weeks at most. What you write isn’t an incentive for anyone who wants their refund soon or even within the normal time.

      1. considering the IRS doesn’t start to process till late January her taxes really only took a few weeks.l I did mine on Turbo tax in the middle of January and got my refund at the same time she did. Really worth it to do on line

      2. I think it does. If you wait till the 31st and file it may take a few days for the IRS to accept your return and another 14 days to get your money which puts you at mid to late February. They stated they got their return back on Feb 7th. Yes it technically took longer from the date of file but since it was already filled once they start accepting returns 7 days is a great turn around time.

      3. Silly, IRS doesnt accept refunds til the 31st, so getting it on Feb 7th is great incentive. She’s saying if u.file early u WILL get it faster than those waiting.g til the 31st. Make since? ;-P

      4. My mistake I filed my taxes on January 30th and I had my refund on Febuary 7th and I also have the net spend card. So I had my money in seven days and on my birthday.

    2. The IRS doesn’t start accepting returns until around the middle to end of January. The two week turnaround time is after your return is accepted by the IRS, not when you file with Turbo.

    1. Since the deadline to apply for a health plan under the Affordable Care Act isn’t until March 31, 2014, there won’t be a question or form regarding this requirement until we file for tax year 2014 in the spring of 2015.

  25. I have most of my papers from last year. Exactly what papers will I need. I remember last the asked a security ? To send efile and it was something to do with previous year taxes. Also, as I recall fed is free and state costs. If u pay then its cheaper, so how much will it be do I can be prepared as soon as I get my w2s. Thanks!

  26. I am in my fourth year of college and I have claimed four years of American Opportunity Credit is there any other help I can get???

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