Maximum Refund Guarantee / Maximum Tax Savings Guarantee - or Your Money Back – Individual Returns: If you get a larger refund or smaller tax due from another tax preparation method by filing an amended return, we'll refund the applicable TurboTax federal and/or state purchase price paid.This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax. 100% Accurate Calculations Guarantee – Individual Returns: If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we'll pay you the penalty and interest.Whichever way you choose, get your maximum refund guaranteed. Just answer simple questions, and we’ll guide you through filing your taxes with confidence. Or you can get your taxes done right, with experts by your side with TurboTax Live Assisted.įile your own taxes with confidence using TurboTax. Let an expert do your taxes for you, start to finish with TurboTax Live Full Service. If you use TurboTax Online to prepare your taxes, we'll keep a secure copy of your tax return for you to access online. It's a good idea to also print a copy for your records and keep a backup file on an external drive or disc. If you use a TurboTax CD or download product, your tax return will be stored on your computer. IRS Publication 552 offers detailed advice on which records to keep, whether they're hard copy or in electronic form. The IRS has no particular standards or requirements for how you organize and file material, neither do state taxing authorities their only concern is that when they want to see a document, you're able to deliver it promptly. If you have an efficient record-keeping system, it can make finding information a lot easier. The IRS recommends hanging on to your files for assets until the statute of limitations expires for the year in which you sell them. If you claim depreciation on a rental property or business computer, you'll need records for that, too. If you sell a house, for instance, you'll need a record of the purchase price and any improvements you've made to figure out the basis for your capital-gains tax. You might be wise to keep records on assets such as stocks, bonds or your house longer than the statute of limitations suggests. The period for investigating if the return under-reports income or falsifies data may also be longer.īest to check with your state tax authorities to get specifics. California and Arizona, for example, have a four-year statute of limitations Montana has a five-year statute. Some states can look back further than the IRS. If you're paying state income taxes, the time you need to keep records will depend on state law. If you don't file, or if you file a fraudulent return, the IRS has no statute of limitations so it may be best to keep your records indefinitely. If you've under-reported income by 25 percent, however, the IRS can go six years back, or seven if you claim a loss for bad debt or worthless securities. The IRS recommends taxpayers keep their returns and any supporting documentation for three years after the date of filing after that, the statute of limitations for an IRS audit expires. However, there are limits to how far back the government can look. If the IRS or state government questions your deductions or business losses, you may need a copy of your return-not to mention W-2s and other documentation-to prove your return was accurate. I never thought that I would arrive so quickly at the first place in the world, but now that I am there, I want to keep it as long as possible”, announced the young Spaniard.Dropping a tax check in the mail doesn't mean you can then throw out the paperwork. I want to give my best in all events by the end of the year. It was spectacular to win the US Open, but what you have to do is stay focused on training and achieving your goals. The world of tennis does not stop, every week a new adventure begins and you cannot think of what you have done. The truth is that I'm still the same, I think nothing has changed in me since I was number one. Everything went very quickly for the youngest world number 1, who nevertheless always dreamed of finding himself in this place.īut for 2022, he was “only” aiming for the top 15! "I haven't had time to fully realize what I achieved in New York. I tried to quickly get used to this court, but I couldn't and he was better than me in this match." Alcaraz on his new statusĬarlos Alcaraz spoke about his new status at the ATP. It was very hard for me, for my confidence. It is not easy to get used to it, it is very, very slow. He was playing very, very well," Alcaraz said. After winning the first set, Goffin broke Alcaraz twice in the second to complete a straight-set victory. Alcaraz recovered the break and tied the set at five games, but then failed to serve for the tie-break in the twelfth game.
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