How can taxpayers best ensure accurate and timely tax return filing?
115 views | Last modified 12/12/2023 3:10:19 AM EST | Added by TaxBandits Team

For accurate tax return filing without processing or refund delays, the IRS highly recommends taxpayers have all their necessary documentation in one place by developing a record-keeping system, whether electronic or paper.

This includes year-end income documents like Forms W-2 from employers, Forms 1099 from banks or other payers, Forms 1099-K from third-party payment networks, Forms 1099-NEC for nonemployee compensation, Forms 1099-MISC for miscellaneous income or Forms 1099-INT for interest paid, as well as records documenting all digital asset transactions.

To facilitate this, TaxBandits offers an online access feature that allows taxpayers (recipients/employees) to easily view and download the forms filed by their payers/employers. This ensures a convenient and organized approach to tax documentation.

For step-by-step instructions on accessing and downloading your forms online, click here.