The sooner you file your taxes, the more likely it is that you can find a coupon that allows you to get the maximum amount off your tax preparation fees. The later you file, the lower the discount coupon is going to be. Therefore, it is recommended that you seek out H&R Block’s assistance as soon as possible to save yourself the maximum amount of money.
While it is true that you do not have to pay anything upfront when filing taxes with H & R Block, you will want to have the least amount of money possible coming out of your tax return. When you utilize an H & R Block discount coupon, you can have a percentage taken off your tax preparation fees so the amount of money that they take from your refund before it is deposited to you is less.
Filing Taxes with H & R Block
When filing taxes with H & R Block, you have the option of filing online yourself or going to one of their locations and having a tax preparer file your taxes for you. If you have a simple tax situation, it is recommended that you use the w2 finder and then do your taxes online via their website to save yourself even more money.
However, if your tax situation is complex, you will want to schedule an appointment with a tax preparer to make sure that they help you claim all of the deductions and credits that you qualify for. You can also try their tax refund calculator.
What to Expect After Filing Your Tax Return
For most, e filing, with software such as H&R Block is the way to get the fastest refund. Below, we will discuss what happens when you file electronically from the moment you press submit.
- When you submit your return, it is immediately sent to the IRS so they can begin processing it. You then receive an email confirming that your return has been sent to the IRS.
- After electronically filing, the IRS takes one to two business days to determine whether your return will be accepted.
- Once your return is accepted the IRS processes your refund before sending the money to your bank. Usually, refunds are processed weekly. Having your refund processed is what takes the most amount of time. There are factors that play a role in whether or not your refund will be delayed being sent to your bank.
Important Information From the IRS Regarding State refunds
State refunds vary in each state. If you file your state tax return online, you will save time. When filing online you will be pointed in the right direction to find specific information that is relevant to your state.