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Raph
Community Manager
Community Manager
February 8, 2022

Win $100! What do you wish you'd known the 1st time you filed taxes?

  • February 8, 2022
  • 109 replies
  • 0 views

This sweepstakes has ended

Thank you so much to everyone that participated! It was so great to hear about all of your experiences.  A winner was randomly selected and has been contacted to claim their prize.

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Hello community members!
 
For first-time visitors, welcome to the TurboTax + Mint Community. For returning members, welcome back! We’re so glad to "see" you again!
 
As we gain life experience, our perspective on finances and taxes changes. We spend a lot of our young adult life trying to get this thing called taxes right. Sometimes life throws us curveballs, and finances can get a little hectic. Eventually, we realize it’s not the end of the world. As we learn more about managing finances, it gets easier to handle the challenges.
 
Now that you’re a tax filing "pro," what is something that you wish you would have known the first time you filed your taxes? For this month's sweepstakes, we are going to focus on tips that you wish you knew before starting your tax journey.
 
Sharing your opinions with our community could earn you a gift card to help you achieve your financial goals. To enter simply reply to this thread with your most helpful tax filing tips. On March 16th, 2022, a winner will be selected from this thread at random.
 
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We will be hosting the What You Wish You Knew About Taxes 2022 Sweepstakes to give you, and others, the opportunity to share your tips. One lucky winner will be chosen at random to receive a $100 gift card.
  • WHAT: Sweepstakes for a $100 gift card
  • WHEN: Entries will be accepted from March 1st, 2022 through March 16th, 2022 at 12:00pm Pacific Time
  • HOW: Enter by adding a comment to this post telling us what you wish you knew about taxes when you first filed. If you are the winner, we will send you a private message. The winner will be selected at random on March 16th, 2022.
Refer to the attached document for the complete rules.

109 replies

March 2, 2022

I wish knew everything about filing as a first-time LLC business enity.

March 2, 2022

I wish I had known about the 1041 forms for trusts.  I still do not know much because it is so vague.  Does the 1041 get filed along with the 1040?  Is the trust TIN used in place of the SSN?

March 2, 2022

You winer??😅

March 2, 2022

I wish I had known this for the first several years I was filing taxes: Having the government withhold more taxes is not a smart way to save over the year because you could be doing more with that money invested during that time.

March 3, 2022

Well hello there, I think basically when somone is filing a tax especially for personal purposes whether it be for a single or married couple. Some or the most key things and the total federal taxes, total state taxes and the total over all tips and wages along with your independent or school or home expenses. Most of all the jest and key point here, is that when my tax was calculated if you guys look at it the stimilus that was given for $1,400.00 was taken back by the government and I think that is one of the most astonishing thing I have seen under the Bidden administration. Stimilus in these trying times should not be taken back from tax payers under any circumstances. 

sk_ofearna
March 3, 2022

I wish I'd known how easy it would be to use turbo tax... I've been using it sice 1998!

March 3, 2022

How much I could save using Turbo tax and having access to tax experts that are very knowledgeable and help you with getting the deductions you should get . 

March 3, 2022

Honestly what I wish I knew was all the different things that you actually get taxed on the most and how to enter each W2 document with step by step instructions.

March 3, 2022

How to get your W-2 from "A" company who uses another payroll company to digitally issue their W-2s and pay on "credit card". Company told me I had to call payroll company.  Payroll company told me I had to reactivate my account [which I had cancelled because payroll company wanted to charge me a monthly fee for non-usage of my account even though I wasn't working for "A" company].   Called back "A" company and said this is crap.   In the meantime, I called IRS.  IRS send letter to "A" company.   I called back "A" company and told them to expect a letter from IRS.  Person had to check with their supervisor to see what they could do.  Next day Payroll company called me and told me how to get my W-2.   Wasted an entire day in phone calls but did not have to pay a fee. and was able to get W-2 immediately.  

March 3, 2022

When I filed my taxes for the first time last year, I wish I knew that I could have had a live tax expert to help me!