As the nation's tax season approaches, the IRS is reminding people of simple steps they can take now to prepare to file their 2024 federal tax returns.
This reminder is part of the IRS's "Get Ready" campaign to help everyone prepare for the upcoming filing season in early 2025.
Taxpayers can create or access their IRS Online Account to find all their tax-related information for the filing season. New users will need to have a photo ID ready to verify their identity.
Most income is taxable, including unemployment compensation, refund interest and income from the gig economy and digital assets.
Taxpayers should watch for and gather essential forms, such as Forms W-2, Wage and Tax Statement, and other income documents. See more tips.