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Look for the best Methods in Online tax Filing Now

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To pay your taxes, benefit from credit or protect yourself from errors that the tax authorities can sanction, you must complete your income tax return. In these cases you will have to opt for the best best online tax filing   now.

When should you complete your income tax return?

What income must be declared?

On your return, you must enter the amount of income you received. 

These are for example:

  • of your salary / professional income
  • benefits in kind
  • termination benefits
  • retirements
  • property income
  • compensation for sick leave
  • investment income

What is a tax household?

This term designates all the people registered on the same income tax return. It can therefore be:

  • single person, single
  • of a married or civil partnership
  • including minor children and adult children up to 21 years old (25 years old if they are students)

Tax credits: you have to ask for them

During the past year, have you done work to improve the energy performance of your home? They are probably eligible for the tax credit! Even if you are not taxable, do not forget to enter them in your income tax return because the amount of the credit can be repaid.

You have just completed your 2019 tax return. The administration is asking you for money and that surprises you? Here are some explanations and tips to check that the tax requested corresponds to your income and your situation.

Why did your tax rate drop in January?

 

However, one point bothers you. Once the declaration has been completed and signed electronically, the administration provides you with a “Declaration status notice” in which appears the amount of income tax you still have to pay.

And there, (bad) surprise, the figure is much higher than your expectations! If you are not sure that you have fully understood the withholding tax mechanism, read this article as a priority: ” Why do I still have taxes to pay “.

Otherwise, before contacting services to report an error that may not be an error, take the time to check a certain number of points (for detailed explanations on the calculation of your tax, refer to our tax guide, available at newsstands or in our online store).

Control tax reductions and credits

First thing to check: did you correctly declare the expenses giving entitlement to tax reductions and credits?

Several situations are indeed possible. You may have simply forgotten to indicate these elements to the tax authorities, which results in an excess of tax payable. And all the more so if you had benefited from tax advantages the previous year (in respect of 2018 income).

In fact, in this situation you should have received a deposit representing 60% of the amount of tax reductions and credits for 2019 last January. This amount is to be reimbursed if you are no longer entitled to them this year (or if you forgot to declare them). What significantly increase your “remainder to pay” to the tax authorities.

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